davidaulloa/AmericanStories huggingface dataset:
Hyder weekly herald., 1933-09-23
Gold Strike Holds Stage

The strike of free gold ore made by Joe Moran on the south slope of Marmot River valley continues to be the sub- ject of interested discussion in mining circles. Many indicat- ions point to the discovery as one of marked promise, al though free gold deposits have been found at intervals at sev- eral points in that area but failed to develop pay ore un- der exploration. This, howev- CT appears to be of somewhat different character and may develop a producing property. A mining engineer of one of the local companies is said to have expressed a favorable opinion of its possibilities fol- lowing an examination of the surface aspects.
Hyder weekly herald., 1933-09-23
Silver at New Low Ratio

The increase in the world market price for gold has re- suited in silver reaching the lowest ratio, measured in terms of gold, in all history. During the past week the ratio has ranged as high as 84 to 1. In the United States the general market value of silver has if- creased a few cents in terms of American money.
Hyder weekly herald., 1933-09-23
Orville Hoguewood Located

Orville Hoguewood, report ed lost last week while hunting on Duke Island near Ketchi- kan, was located safe after he hand wandered in fog for 56 hours. He finally reached the beach in an exhausted state and was located by one of the search party from Ketchikan.
Hyder weekly herald., 1933-09-23
Old-Timer Visits District

SlldI ICS SIdy OI AuyiJA, VcLCI . an mining man and one of the pioneer explorers of the Port land Canal and Mass river dist ricts, has been a visitor in Hy- der and Stewart during the past week.
 MT. Clay, who is the owner of the we'll known Saddle proper ty in the Hastings Arm district, has resided in this part of the North for 23 years. He first came to the Portland Canal section in 1910 and established his prospecting camp near the mouth of Bitter Creek. Find ing nothing sufficiently attract i've, he decided to move on to the then little known upper Mass River district and spent some years in that section and in the Hazelton district. Later he proceeded to the Alice Arm section and located the Saddle property, which has been un- der bond to the Silver Crest Mining Company, owner of the local Silver Crest group north of the Big Missouri.
 Describing the activities of that company on his property, MT. Clay said they installed over a mile of tramway at a cost of approximately $71,000 and drove 467 feet of tunnel and AZ feet of shaft before suspending active mining as a result of the difficulties attend ing the depression period. The ore bodies found on the proper ty are of the galena type. Samples taken from the shaft gave assay returns showing around 62 per cent lead, 38 ounces silver, 8 per cent copper and about $5 in gold.
 MT. Clay believes the prop erty is due to become a valu- able gold producer with more extensive development as ore found recently on extensions of the same lead in an adjoining and somewhat lower situated property known as the Elkhorn has yielded gold assays running as high as $8,441 in gold per ton. Samples of this ore dis played by him show consider able quantities of free gold in a grayish quartz matrix, which carries small quantities of cop per and iron.
Hyder weekly herald., 1933-09-23

John Hovland and Arthur Moa, who have been plugging away steadily on the Unicorn all summer, came into town for a short rest this week. They reported no new developments.
Hyder weekly herald., 1933-09-23
Mackay Party Returning

Concluding what is described as a satisfactory season of prospecting in the Unuk River district, about 75 miles north of Hyder, three members of the Premier prospecting expedit- ion, which has been in that section since August 15, re- turned by airplane Thursday evening. They will be fol- lowed by the other four mem bers of the party as soon as flying conditions, which were unsettled Friday, permit the big Canadian Airways sea- plane with pilot Forester in command, to return to Mackay Lake, where the headquarters of the expedition have been es- tablishd.
 The returned members of the party are T. B. Mackay, leader of the expedition, A. D. Coul- ter, and Ed. Edwardson.
 Those still to come out of the district, which is almost in- accessible by ordinary means of travel, are Wm. Prout, liar ry Kay, Ralph Swartzfiguer, and Harry Melvill.
 Beyond the general state ment that operations had been carried on successfully. no in formation could be obtained. regarding the results of the party's activities. The expedit- ion was the second headed by MT. Mackay to make the trip into the Unuk district by plane; the first one having operated there in August and Septem- Der last year. This years ex- petition was much larger, how ever, and also took in much more extensive equipment, in- cluding a diamond drill and assay outfit.
 It is understood that the plane on returning to pick up the rest of the party, will take in a load of supplies for oper- ations next summer.
Hyder weekly herald., 1933-09-23
CONTINUANCE OF GOVT.
 ROAD CAMP URGED

Continuance of the activities of the local emergency employ ment work instituted by the federal government, following expected early completion of
 the Moose Park highway con- struction, was urged by the Hy- der Chamber of Commerce in a petition forwarded this week to the Forest service officials in charge of the emergency en- ployment work in Alaska.
 The communication pointed out the present prospect that the Moose Park project will be completed about October l, several weeks ahead of sched- ule, and proposed a number of other projects of public charac- ter to which work could be de- voted with much benefit to the district and to local labor.
 Among the projects suggest ed were the repair and exten- sion of the rock jetty in Sal mon river near the cemetery and the widening of the road way on International avenue by filling in the deep gully on the north side of the highway be- tween the Hyder Drug Con- pany store and the boundary line. Both the roadway and the jetty are under forest serv- ice jurisdiction, the jetty hav- ing been installed to protect the Salmon highway from flooding. The petition pointed out that the jetty project could be carried on virtually through out the winter.
 The great need for local en- ployment and the benefit ac- cruing to local business from the work camp payroll were cited in support of the urge to continue the work camp activi- ties, which at present give en- ployment to IA men, all of whom are said to be desirous of continuing on the govern ment payroll in the absence of more remunerative employ ment.
 President Roosevelt recent ly ordered the continuance of the emergency employment camps throughout the country for an additional six months and it is expected that the re- quest for continuance of the To- cal camp will receive favorable consideration.
Hyder weekly herald., 1933-09-23

Mrs. Arthur Moa returned this week from a three weeks visit to the Unicorn property, adjoining the Big Missouri.
Hyder weekly herald., 1933-09-23
DIMOND URGES ACTION
 ON FLOOD PROJECT

mat the local 1lOOQ COntfOl project has not been turned down by the Public Works Ad- ministration and that there is good ground for expecting that it will ultimately receive fav- orable consideration is indicat- ed in a letter from Alaska Del egate A. J. Dimond to the Chamber of Commerce in which he encloses a letter sent by him to the Public Works Administrator urging action on two Alaska flood projects.
 Commenting on his action, the Delegate wrote:
 This is merely to show that I am working on the Salmon Riv- CT project, and in spite of de- lay, 1 still expect that it will be approved, and funds allotted. No one regrets the delay more than l do."
 The letter to Public Works Administrator Ickis offers the following strong urge for act ion on the local project. The message is dated September 2: My dear MT. Ickis:-
 Among the Public Works projects recommended for Alaska are two only of flood control, one for the control of Salmon River to protect the town of Hyder, and the other for the completion and extens- ion of the Valdez Dike, to fur ther protect the town of Val deg from the flood waters of the stream that flows around that town. They will be dis cussed in order.
 Salmon River Flood Control
 "The report of the Chief of Engineers (House Document No. 228, 72nd Congress, First Session), copy of which is at- tached, recommends that the work for the control of Salmon River be undertaken at total cost of $53,000.00, of which To- cal interests should contribute S7,000.00 and the United States the remainder, $46,000. The Legislature of the Terri tory of Alaska at its recent session appropriated $7,000.0O for this project, and in addit- ion appropriated $4,000.00 for repairs immediately necessary.
 "A large part if not all of the S4,000.0O appropriation has al- ready been expended in order to save the town of Hyder from being destroyed by the flood waters of the river.
 Tt is worthy of note in this connection that local interests h we heretofore expended more than $26,OOO on the now existing, but admittedly made quate, flood control works.
 "The project should be un- dertaken at once, since there is always danger that a sudden flood will overwhelm the pres ent protective works and de-
Evening star., 1933-10-13

, making deposits, making loans. and
borrowing funds for financing security
/ transactions.
Calling of $1,875 100000 of fourth
Liberty "A per cent bonds due in 1899.
or roughly 80 per cent of the Sc. .268.-
900 600 outstanding, was somewhat less
than specialists IN Government secur-
tiles here expected. Fourth Liberty AZ S
| finished on the Stock Exchange We'd
neSoay at 1O3.11, unchanged, while the
bid and asked quotation was lO3.1O-
1892.
Government specialists remained IN
Wall Street until late yesterday await
Ing the news from Washington. AS
soon as the Exchange offer was an
nounced, fourth Liberty 4Ls were
quoted at 1o3.16-10324 On Friday
two markets for this issue will be estab-
lished. one fol- the called bonds and the
other for the uncalled bonds. There
was no trading in the called bonds
Wednesday.
Nearly half of the s243 900 900 regis
trations under the new securities act
represent investment trusts. Apparently
there is still demand for their issues
New fashions in them arc constantly
being adopted that will make them at
tractive to the public 1t Is pointed
out in an analysis of the registrations
filed with the Federal Trade Commits
sion that comparatively few have to do
with providing new capital that will
promote industry.
The balance sheet of the Electric
Bond & Share Co., as of September 30,
shows the tidy sum of SAT 800, 900 in
cash, plus S3,300,000 in Government
bonds, bankers acceptances and short
term securities. This compares with
about $42, 900 900 in the same items a
there are outstanding, in current liabil-
tiles, only S3,243,000, or $2,000,000 less
than in September, 1882.
In of the IL Federal Reserve dis
tricts department store sales in Septem-
ber were larger than year ago. The
gain was greatest in the Cleveland dis
trict, amounting to 16 per cent. Next
in line was Philadelphia, with 13 per
cent rise. Chicago showed an increase
of 5 per cent and Richmond per cent.
The largest loss was that of st. Louis,
with IL per cent. Dallas was down 8
per cent. For the entire country there
was per cent lift over the same
period last year.
In spite of the slowing down in the
iron and steel trade, some Of the rail-
roads that are carriers of iron ore have
been making an excellent showing in
their car loadings this month. Recently
the Chicago & Northwestern moved
about 4,800 cars in one day, which was
close to its record performance.
A stock exchange house presents
statistics to the effect that, Of 1,211
stocks listed on the New York Exchange,
more than one-third are still paying
dividends. OF this number more than
Evening star., 1933-10-13
CHARTERS ARE ISSUED.

RICHMOND. Va, October IS &.-
The following charters have been is.
sued by the State Corporation Commis-
sion: National Brewry & Distilling Co
Inc. Winchester. Maximum capital
$3.50, 900. John L. Shine, president
winchester. To manufacture and sell
beverages. Kuykendall & Benham, at
torneys, Winchester. Browns Inc.
Aurora Hills. Maximum capital $10,-
600. J. Alwyn Brown, president
Aurora Hills. To conduct q restaurant
business. Albert E. Brault, attorney
Washington, D. c.
Evening star., 1933-10-13
Markets at a Glance
BY the Associated Press.

By the Associated Press
NEW YORK, October 13.-Stocks
heavy; sound money" sentiment
brings speculative selling. Bonds
steady; gilt edge issues improve Curb
heavy; alcohol and metal issues lead
decline. Foreign exchanges weak; dol
lar buoyant. Cotton lower; easy stock
and grain markets; lower sterling ex-
change. Sugar lower; poor spot de-
mand. Coffee easy; foreign selling.
CHICAGO Wheat semi-demora-
lized; demand lacking. Corn rela-
lively steady; possible molasses en-
barge. Cattle slow, steady; no choice
stuff on sale. Hogs steady to t0c high
er; top, $500.
Evening star., 1933-10-13
REPORTS FORECAST
65-CENT DOLLAR
Recent Stability Near That
Point Gives Color to
Speculation.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, October 13 (NANA).
The fact that the dollar has been
close to one price level for weeks, or at
discount of about IS per cent, more
than any other reason gives color to the
report that it will be stabilized at IS
cents.
1t is the feeling of one group of bank
erS and economists that this represents
the maximum concession that should
be made, and though they are against
imitation as a remedy for industrial ills
they are willing to 60 part of the way
with the school that insists on devalu-
alton as the panacea for all business
troubles.
Perhaps the falling away of specula-
ton in exchange by foreign operators
has had much to do with the stationary
condition of the dollar They are at sea
over the program of the Roosevelt ad-
ministration and not inclined to take
the risk on forward commitments in
exchange that they have been assuming.
They feel that there is not much profit
in exchange trading for the present, as
the dollar is obviously at point Of
relative stability.
Commercial Bank Denied.
The New York Stock Exchange does
not plan to enter the commercial bank
ing business, despite reports that it was
headed in that direction. In purchasing
the present building of Lee, Higginson
& Co. in Broad street it had in mind
locating the stock clearing department
Of the Stock Clearing Corporation In
more spacious quarters.
Eventually the Exchange plans to
adopt some modification Of the Berlin
system. whereby most securities traded
In are never actually delivered. the
change In ownership merely being en-
tered on books kept in a central clear
ing house. This will, of course, curtatl
the activities of the transfer depart
ment of banks and trust companies.
New York Stock Exchange members
will continue all their present relation
chips with ccmm1csal banks. such as
Evening star., 1933-10-13

one-haK Of the dividend payers yield
from to 8 per cent income . year.
The biggest proportion Of these are
preferred stocks
tCopyright 1888. bv North American News
teper Alliance. Incl
Evening star., 1933-10-13
NEWSPRINT TOTAL DROPS.

NEW YORK, October 13 R.-Pro-
duction of newsprint in the United
States and Canada in September totaled
252, 1928 tons, compared with 278,783 in
August and 1872 in September, 1892
reports the Newsprint Service Bureau.
Evening star., 1933-10-13

>tlle r y U I l II 4 &
Liberty Loan bonds
and the Offering
for cash subscrip-
tion of at 1912 of
$500, 100000 10 to
12-year bonds with
interest at Al per
cent the first year
and 3i4 per cent
thereafter.
Bankers said to-
day that plans had
already been made
in several loo a l
banks for subscrip-
tions for the new
b on d S. SubScrlp-
tions open Mon
day next. Fro m
L1@rl ip tho
Evening star., 1933-10-13
New York Cotton
By the Associated Press

by tIe ASSOClated PreSS.
NEW YORK, October 13.-Cotton
was lower today under further hedg-
ing and liquidation stimulated by the
strong dollar, the break in wheat and
weakness in the stock market. Cover
ing and trade buying were reported on
scale down, but December contracts
sold OIL to 9.21 in the midafternoou
market, when the general list showed
net declines OF about 10 to % points
lower W 20
Evening star., 1933-10-13

Sales of Stocks New York Exchanre
80 Ah''.''.. ozO.ooo 1900 Noon. 100000
Pm $4,000 200 PM... $50 600
vloend rates as given in the
oased on the latest quarterly hafyeay
Un OF trading than
stock PAYABLE Plus So in Stock Pe ~
special preferred
Evening star., 1933-10-13
GOLD DROPS 80 CENTS,
By the Associated Press.

BY the Associated Press
Today's newly mined gold price was
announced by the Treasury as $50 So, a
decrease OF 90 cents an ounce as com
pared with Wednesday, the last previ-
GUS quotation.
Evening star., 1933-10-13
CONVERSION PLANS
ARE HAILED HERE
Capital Financial Leaders
Cheered by Federal Re-
funding Move.
BY EDWARD C. STONE.

Washington bankers, bond men and
brokers expressed enthusiast today over
the new Treasury financing which in
wolves the conversion of Sl,875, 100000 Of
Evening star., 1933-10-13
DIVIDENDS ANNOUNCED

NEW YORK, october 13 tP.-Dividends
declared
REGULAR.
Ampe iachin & Foun :oc) c.. q Nov 1
Evening star., 1933-10-13

4N4SSA " ) oNSASS As
McCrory Stores B. ..
McCrory Stores pf.
McGraw Hill Pub. -.
Mcintyre P NJ (t1H)
McKeesport T p 90.
McKesson & Robbins
McKesson & Rob pf. i.
Mcclellan Stores. 90.
Mack Trucks (1)....
Macy GRID & Co (2).
Madison So Garden. .
Magma Copper. .....
Madison & Co pf. %.
Manhattan Elev gtd.
Manhat Elsv mod gtd
Manhattan Shirt. ...,
Marine MidPd (40c).
Market st Ry pr pf.
Marshall Field & Co..
Martin Parry........
Mathieson Ak (1H).
May Dept Stores ID.
Maytag 1st pf (1h). d,
Melville Shoe t1.20).
Mengel Co. o..........
Mesta Machine ~. 81,
Miami Copper. ......
Mid Continent Pet.
Minne-H'wsll Reg.
MINI Moline Pow....
MINI Moline Pow pf.
Mime & st Louis. 90.
Mo Kan & Texas. go,
Missouri Pacific. 80.
Missouri Pacific pf. ..
Monsanto.Ch (1A)..
Montgomery Ward.
Mother Lode. ......
Motor Meter G & El. .
Evening star., 1933-04-09
PRESIDENT TALKS
ON new PHONE LINE
House Office Building Switchboard,
With 80 Operators, Opened
to White House.

President Roosevelt had the honor
Yesterday Of answering the first call
through the new House Once Building
telephone switchboard-and hearing OF
the 80 young ladies who had been en-
ployed as operators.
The call to the White House was
placed by South Trimble, clerk OF the
House.
s"Is this South" the President was
reported to have asked.
"Yes," Trimble replied. I'VE have
Just transferred the switchboard from
the old House ONCE Building to the
new House ONCE Building, with 80
beautiful young ladies and have the
honor of placing the first call"
The President sent his best regards
to the 80 beautiful young ladies.
Harriet G. Daily, employed as chief
telephone operator, was one of the
operators. She has seen almost IS
years service ON the switchboards of
the National Capitol and it was not the
first time she had been transferred.
When Miss Daily first saw service on
the Capitol telephone board, there were
only two small one-position boards with
a capacity Of 100 lines each. Today q
multiple type board is in operation
capable of % positions and operated
by 81 women, serving 2,l00 telephones.
Evening star., 1933-04-09

Star Model Homes program Is to focus
interest on and encourage the creation
of homes Of the highest standard in
all phases of their development, plan
ming and equipment.
Homes Of meritorious design and
construction are chosen by the COM
mittee from applications submitted to
The Star Members of the group make
a personal inspection Of the dwellings,
and a silver star-shaped medal Is
awarded for those found to pass the
minimum standard set by the commit
tee and deemed worthy Of place IN
the exhibition series.
Number Il Restricted.
Necessarily restricted in the number
of houses to be admitted, since hum
dreds Of fine homes are constructed In
Washington every year and all cannot
be placed on public display, 1t Is the
committees purpose to select number
of homes In various classifications.
Those passed upon favorably must be
of exceptional merit In design, plan,
construction, relation to community
plan, landscape treatment. equipment,
finish and other important phases OF
home development.
Although not contest In the strict
sense, the program has the element OF
a better homes competition, since the
committee selects what 1t finds to be
outstanding in number Of new houses.
Each house is judged In its own
class, however, so that the small home
is not placed in competition with the
mansion. The Star feels its committee
Is composed Of impartial specialists,
well qualified to conduct such an ex-
position. .e.
Mr.. Taylor, who has long manifested
keen interest in the development Of
mittee in previous years. He Is .
graduate OF Harvard University and
Evening star., 1933-04-09

skeletonized, 1t has been stated au-
thoritatively. At present this bureau is
operating on approximately So 900, 900.
But under the economy plan more
than $4,000, 900 Of this will be saved by
activity curtailment.
This would be done by abolishing
commodity divisions and foreign and
district ofnces. Only one phase OF this
economy move Is yet to be completed.
Conferences are now going on between
State and Commerce Department ON
cials on how this country's trade In
terests will be represented abroad.
It Is understood the Commerce De-
partment Is seeking to recall all of its
commercial attaches, trade commission
ers and assistants from all sections of
the. globe and turn trade promotion ac-
tiS1ties over to the consuls Of the State
Department. Oficfals are understood
to be hopeful Of an agreement during
this week.
Funds to Be Curtailed.
Despite reports In circulation that 1t
would be transferred to the Interior
Department, the Bureau Of Fisheries
win continue to fly the banner of the
Commerce Department for many years
to come, 1t was said. However, 1t will
operate in 1894 under heavily curtailed
appropriations.
The Bureau Of Standards activities
have already been reduced to a mini
mum and 1t Is probable, according to
reliable sources, that 1t will operate in
1884 with appropriations only slightly
under, funds available.
The Patent Once, the only self Sup
porting unit under the new set-up, has
been showing q slight deficit during
the last two years. 1t is probable that
its expenditures would be reduced next
year to overcome this rising deficit.
In 1894, the Bureau of Mines ap-
preparation viii be included In the new
set-up OF the Interior Department. Un-
ofhcially, 1t was learned that this bu-
reau would be transferred under the
forthcoming economy shake-up back to
the Interior Department from where
it was drawn by Secretary of Commerce
Hoover in 1928.
The Bureaus Of Light Houses, Navi-
cation and Steamboat Inspection, Geo.
detic Survey and Aeronautics branch
Of the department will be transferred
to the proposed Transportation Bu-
reau. This agency. 1t Is now reliably
understood, will not be part Of the
Commerce Department.
Cummings Plans Large Saving.
Under the original plans the Trans
portas1on unit was to be under direct