davidaulloa/AmericanStories huggingface dataset:
The Daily Alaska empire., 1934-09-13
c c . c
 STOCK QUOTATIONS . . . . . . c

NEW YORK, Sept. Closing quotation of Alaska Juneau mine stock is IT, American Can 96% American Power and Light AS, Anaconda II, Armour. common, 6, Bethlehem Steel 27A, Calumet and Hecla SIS. Curtiss- Wright 2%, Gen eral Motors 28A. International Harvester 25%, Kennecott lSss, United States Steel 3lh. Pound s5.00A, Bremner AT cents.
The Daily Alaska empire., 1934-09-13
GUS GEORGE AND WIFE
 ARE NOW IN CALIFORNIA

Gus George and wife, who have been visiting M. George, in Walnut Grove, California, for the past two weeks. expect to leave there Sep tember 20, by motor. for the Chi cago Fair. via Florida. 1' MT. and Mrs. George expect to return to Juneau early in November.
The Daily Alaska empire., 1934-09-13
No Ceremony For Pershing On Birthday

WTTLE, France, Sept. 13s- Gen. John !. +Pershing eeie- brated his seventy-fourth birth- day without ceremony. He spends meet of his time in France as Chairman of the American Battle Monuments Commission. Over 30,000 Am crican war dead are buried here.
The Daily Alaska empire., 1934-09-13
Four Checks, Fl Cents

LOS ANGELEs.-In order to balance state books the Placer county, Cal, school district received four cheeks totaling 2l cents for deposit in four different school funds of the county.
The Daily Alaska empire., 1934-09-13
OTHER OUTcoMEs

WASHINGTON, Sept. 13. = Ac- cording to advices received here Arthur Lacy has won in Michigan over the Democratic Gubernatorial incumbent Comstock.
 In Arizona, Senator Henry F. Ashurst won the Democratic re- nomination as did Gov. B. B. Moeur, Democrat. for Governor.
The Daily Alaska empire., 1934-09-13
OLSON MARGIN
 CROWS IN RACE
 AGAINST SMITH
Additional Returns Boos t Democrat S Lead to All
 in Treasury Race
RIDDEN AND SHATTUCK
 STILL NECK AND NECK
Former Has 32-Vote Lead for Senate-Lomen and
 Bragaw Losing Out

On the face of unofficial and in complete returns from all over the Territory, Oscar G. Olson, Demo- crat of Cordova, had apparently assumed commanding lead over Walstein G. Smith, Independent, for Treasurer. The Cordovan had a margin of All as compared to 133 on the returns received up to midafternoon today.
 Smith had small leads in the First and Fourth, 29 and 35, re- spectively, and Olson was leading by 72 in the Second and 456 in the Third, his home Division. Demo- cratic leaders here regarded his | triumph as certain.
 Roden- Shattuck Close The Democrats had apparently elected three out of the four Sena- tors and one race, that in this Division, was still undecided today In the Second Division, J. F. De- vine was leading Senator Alfred Lomen by 20 votes with Nome City included. The outlying precinct. were apparently giving DeVine, the Democratic candidate, the heavy end of the vote.
 M. E. S Brunelle. Cordoya Demo crat, has evidently defeated Sena- tor Robert s. Bragaw, Anchorage for reelection. The Cordova mar has lead of 655 in 20 precincts reported by the Anchorage Time! to The Empire.
 In the Fourth Division, John B Powers, Eagle, had slowly grow ino lead over Julian Hurley, Re publican, for the Senate. The Dem. ocratic candidates margin hal jumped from yesterday to A to- day.
 In this division. Henry Roden, In. dependent, was still leading Sena- tor Shattuck but his margin of 64 yesterday was reduced to 32 today Metlakatla, Yakutat, Chichagof ane Hoonah returns were received by The Empire. today. Shattuck car. ried all of them except Yakutat which gave Roden a big majority.
 Houae Almost Solid
 The House of Representative will be almost soidly Democratic Andrew Nerland, Fairbanks, is the only Republican apparently assured of election. J. c. Kennedy, Nome is in the first four from the Secont Division with 347 votes, but he i! only 13 ahead of Arthur Chamber. lain, Democrat, who could conceiv' ably overtake him.
 The Democratic House ticket il the First Division is regarded a, certain of election. A. H. Ziegle is high with 2,068 votes. A. P.sWalk CT second with 1914, Joe Green third with 1909, and Joe Barono vich fourth with 1905. H. G. Nc Cain, Republican, is fifth, witl 1,419, 48 votes ahead of H. R Shepard, in sixth place.
 J. s. Hoffman, Seward; Charle Murray, Cordova; James H. Pat terson, Valdez, and H. H. McCutch con, Anchorage, all Democrats, ar, apparently elected in the Third.
 Tn the Fourth Division, William Growden, Ruby, still heads tn House ticket with 632 votes. Ner land is second, George Lingo, thirt and Fohn-H Hansen fourth.
 Democrats apparently sure o election to the House from tn Second Division are:' M. Martin Tolbert Scott and Howard Lyng.
 Vote by Division v
The Daily Alaska empire., 1934-09-13
GEpDEs REcuPERATING

William Geddes, of the Juneau
 Young Hardware Company, expects to leave St. Ann's Hospital within a few days. He is greatly improving
 in his health.
The Daily Alaska empire., 1934-09-13
Musician 46 Years

SALT LAKE CITY, Utah.-Johfl Held gave the first band concert here in 1889 and now. 46 years lat CT, he still directs the open air entertainment. ta
The Daily Alaska empire., 1934-09-13
IN NEW YORK

NEW YORK, Sept. 13. = This State is today nominating candi- dates for Congress and the State Legislature.
The Daily Alaska empire., 1934-09-13
LABOR BOARD
 QUITS EFFORT
 PEACE ACTION
Pre- ent's Mediation Agency Can't Get Agree
 ment with Manufacturers
MONTH OF STRUGGLE
 DECLARES GORMAN
Disorders Reported h. creasing-R. 1. Governor
 Has Taken Action

WASHINGTON. Sept. l3. The Presidents Mediation Board has abandoned efforts to arbitrate the riot marked textile strike, an- nouncing inability to secure an agreement from the group of manufacturers on any basis for arbitration or equivalent"
 No further discussions are on the schedule
 Francis J. German, Chairman O. the Textile Strike Committee, said that lat least month of struggle will be necessary to win
The Daily Alaska empire., 1934-09-13
ALASKA JUNEAU AUGUST PROFIT
 PUT AT S141,OO0
Recovery for Month 9o.51 Cents Per
 Ton on 357,750 Tons

An operating profit of $141 ,000 was reported for the month of Au- gust by the Alaska Juneau Gold Mining Company, it was announced yesterday by General Superinten- dent L. H. Metzgar, who departed today for Seattle on company busi- ness.
 The production for August was 1856, 900. A total of 357,750 tons of ore was mined and trammed to the mill. The average value of recovery was 99.51 cents per ton.
 MT. Metzgar's trip to Seattle is being made to arrange for the pur- chase of two large ore barges and a tug to be used in disposal of waste rock from the mine. Instead of dumping it in the harbor as has been the practice for several years, it is planned to load the rock on barges and tow them out and dump in deep water between the company's property and Thane. MT. Metzgar will be ahse or three weeks. During his absence the company's operations will be in charge of J. A. Williams, Asst, General Superintendent.
 The estimated operating results for last month, as announced by MT. Metzgar, are as follows: Tons mined and trammed to
The Daily Alaska empire., 1934-09-13
STORM CENTER
GOVERNOR SHOWS HAND


 WASHINGTON, Sept. 13.-Rhode Island has become the storm center in the textile strike when the Governor has called the State Legislature in special session and will ask authority to request Fed eral troops, an appropriation of $100,000 and also an increase in the State Police. Gov T. F. Green has told Presi- dent Roosevelt Our military re- sources are exhausted. There was a wild night of rioting at Woon- socket where one strike sympathizer was killed and scores injured" The Governor has ordered the arrest of every Communist.
 President Roosevelt has stated he is ready to send Federal troops to Rhode Island, if requested.
The Daily Alaska empire., 1934-09-13

tContinued on Page Eight)
The Daily Alaska empire., 1934-09-13

tcontinued on Page Two,
The Daily Alaska empire., 1934-09-13
OUT OF CONTROL

WOONCOSKET, R. l., Sept. 13. The National Guard Commanders here announced last midnight that the situation in the local textile strike is out of control. Hoodlums are running rampant through the mill and business section. smash ing windows and footing stores.
 GOVERNOR SHOWS HAND
 SAYLESVILLE. R. L, Sept. 13.--- Concessions have been granted the textile strikers k " Gov. T. F. Green and this has halted rIoting, at least temporarily
 The strikers have been given the right to keep 140 pickets at the Sayles Finishing Company's plant.
 The Governor also decreed there should be no more shooting by the National Guardsmen here and the soldiers will carry only clubs.
 Four strikers were wounded yes- terday. three critically, in a clash with the Guardsmen.
 Within a few hours after the Governors announcement, 52 pick cts were admitted within the bar ricade surrounding the Sayles Fin ishing Company's plant.
The Daily Alaska empire., 1934-09-13

Continued on Page Eight)
Evening star., 1934-07-15
Packers Report Steady Climb
Of Production in Half Year

increased receipts at the height Of
the drought in May.
Choice and prime steers. it was
found, closed the six-month period
so per cent higher than their jan
uary prices, while low-grade steers
held their own.
decline of about 8 per cent under
1888 volume was noted in Federally-
inspected production OF pork meats,
which totaled about 1850, 900 600
pounds for the six months just ended.
This was well below the five-year
average.
At the end of June, the packers
report shows, hog prices were higher
than at any time since last october.
lly-inspected lamb and NUT
ton production for the first six
months of 1884 approximated z95,-
600 900 pounds, or IL per cent below
comparable 1888 figures. Despite a
price decline in May, lamb prices at
the end OF June were the highest for
that date in four years.
Packers payments for live stock in
the first six months of 1884 were esti-
mated to have been S545 900 600, a
gain of $40 .O0O, 900 over last year,
principally due to larger payments
for cattle. Processing taxes on hogs,
estimated by the institute at $ll0,-
600, 900. we're incurred during the first
half Of this year.
Evening star., 1934-07-15
FOREIGN CURRENCIES GO
HIGHER AGAINST DOLLAR
Ry the Associated Press.

BY the Associated Press.
Foreign currencies ended the week
with a mildly higher movement
against the dollar
The pound sterling gained u of a
cent. at S5 04 l.. while the dollar lost
y OF a cent in London. at 5037s to
the pound.
The price of gold in London de-
clined half penny, to 1873 shillings
fine ounce equivalent to S3477D
Bars valued at $377.7s7 changed
hands
French francs moved up 00i4 Of a
cent in New York. to so cents. while
Italian lire advanced OF Of a cent.
TO S.58ie cents. Canadian dollars
firmed a bit at u cents premium over
par
At the closing New York price for
French francs the dollar was valued
at a premium of 81 of a cent over
par compared with 54 of a cent on
Friday and IS of cent a month ago.
Evening star., 1934-07-15
Demand for Bank
Stocks Appears
As Deposits Gain
spacial Dispatch to The star.

Special Dispatch to The Star,
NEW YORK, July IA good de-
mand has sprung up for stocks of the
leading New York City banks. The
outstanding feature of their midyear
statements is the sharp increase in
deposits.
For the six months ended June 80,
1884, gross deposits of group of 16
city banks here increased more than
81 900 0C0, 900, or roughly, Is per cent
This huge gain has been largely in
interest-free demand deposits, which.
as of July 3, 1884, amounted to more
than 80 per cent of gross deposits Of
New York City member banks.
With the bulk of their funds thus
interest New York City banks
indicate excellent earnings for the
first six months Of the present year
Recoveries from charge-offs, and
profits in bond portfolios also explain
the ability to show good earnings
And, with such earnings in period
Of high excess reserves, the possibil-
tiles of sharply increased earnings, as
funds are more fully invested, explain
the present demand for this class of
security. Already. the prospects of
heavy security underwriting suggests
an important gain in security loans
by the banks.
(Copyright 1894. by the North American
Newspaper Alliance, Inc)
Evening star., 1934-07-15
GETS
NEW INDUSTRIES
Eight Plants Added in June
and Three Others Are
Expanded.
Special Dispatch to The Star.

Special Dispatch TO Ihe star.
BALTIMORE, July light new
industrial plants we're located in Balti-
more during June, and three existing
establishments were expanded. accord
ing to a report made public this week
by the Industrial Bureau of the AsSo-
citation of Commerce.
The new plants and the expansions
meant new labor requirements of S35
workers and a plant expenditure Of
$8O5 900.
Three distilleries were among the
new plants, and whisky-manufactur-
ing also accounted for part of the
expansion of existing plants.
The business indices in this report
continue to be favorable, as a whole,
the report stated, compared to similar
indices of year ago. Last Summer
manufacturers were heavily stimulated
by the opportunity of production at
lower cost before the codes became
effective. but no such special stimula-
tion is available this year. A slight
let-down, rather than an increase, Is
indicated in most industries during
the next few months.
Evening star., 1934-07-15
Rx the Associated Press.


HICAGO, July 14.-Due prin-
4 cipally to larger cattle mar
l ketings, meat production in
~ the United States for the
first six months Of 1884 was
4 per cent higher than the corre-
spending figure for 1888 and 8 per
cent over the half-year average for
the last five years. it was announced
today by the Institute Of American
Meat Packers.
The analysis was based on De-
partment of Agriculture figures on
the number of animals dressed under
Federal inspection.
Drought conditions in the Midwest,
and Inauguration OF the Govern
ment's emergency cattle buying pro-
gram. were held largely responsible
for increased cattle marketings. Pro-
duction OF both pork and lamb
dropped under last years figures for
the half-year.
Federally inspected beef production
in the first six months OF 1884
jumped to approximately $500 00O.-
600 pounds-a gain of 81 per cent
over the same period of last year.
Despite this increase. the ANALYSIS
shows, prices of all grades Of cattle
have risen steadily since January.
except for q drop which accompanied
Evening star., 1934-07-15
SMALL COTTON CROP
TO AFFECT CARRIERS
Price Rise of More Than SIS a Bale
Accompanied by Decline in
Southern Rail Shares.
BY the Associated Press.

BY the Associated Press.
NEW YORK, July 14-Whatever
jubilation the rise of more than So a
bale in cotton may have caused
among planters this week, it did not
fire the imagination OF, traders in
stocks bullishly In fact. it directed
attention to shares of railroads oper-
ating in the South.
With an indicated cotton crop OF
less than 100000 bales, traders
figured the Southern carriers would
be hauling less cotton this Fall than
IN years That was one reason
ascribed for weakness in Southern
Railway and other railroad shares
representing the heart of the cotton
territory
Moreover. bears pointed out that
cotton exports had been tagging re-
Gently as prices advanced. But fears
over a reduction in the movement of
cotton by the carriers may have been
overdone. statisticians said
Railroads for some years have been
losing cotton business to truckers
anyway and there is still big supply
in storage to move if domestic mills
and foreign buyers want cotton in a
big way.
Evening star., 1934-07-15
CREDIT EXPLOSION
POSSIBILITY
Excess Reserves Expected
to Bring Situation Hard
to Control.

Principal cause Of the unusual ad-
vance in high-grade bond prices,
which has been the feature of the
security markets during the past six
months. is unqueStionably in the
opinion of Estabrook & Co.. the
transformation in banking and credit
conditions that has taken place in
the United States during the past
year and one-half.
To-day" says a review of the half
year by the bankers, "the amount Of
money in circulation is at q reason
able level: rumors of impending bank
failures have not only ceased but have
been completely forgotten. In March.
1888, member bank reserves were so
depleted that a modification of the
banking laws became imperative if
further credit we're to be extended by
the banks to their customers. Today
member bank reserves stand at the
highest points ever recorded The
member banks, now practically out
Of debt to the Federal Reserve banks,
are in a position to accommodate for
an lndennlte period every legitimate
credit need"
This huge accumulation of reserve
funds has been effective thus far, it
is explained. in forcing very low rates
Of interest on Short-term paper and
in raising the prices Of high-grade
bonds. -.
There has been no corresponding
increase" continues the review, "as a
matter Of fact there has been no in
crease whatever in the commercial
loans OF member banks. 1t is difficult
to conceive, however, that so much
powder can remain on hand indefi-
nitely without causing an explosion.
In the opinion of a good many econ
Omists, the question is not whether
an initiation of bank credit will even
tually arrive, but whether once start
ed it can be stopped"
Evening star., 1934-07-15
Customers NOr Interested in Commodities.
Large Brokerage House Changes Board Room

tha. delicious bean could be detected
around that Office
Making a little extra money at
nights on some research work ex-
planned the secretary. so ! used the
money for a flyer in commodities. You
know the boss these days is more in
terested IN commodities than bonds or
stocks
These conversations were not an
hour cid Friday when Samuel knigh-
ton. president of the New York Pro-
duee Exchange, announced that trad
ing in potato futures would be ,nau-
gurated early IN September The de-
livery months will be from September
to May, inclusive.
A potato futures market now Is con-
Quoted on the Chicago Mercantile Ex-
change for Idaho potatoes, but there
is no market in this country in which
cash sales and purchases Of Maine,
Evening star., 1934-07-15
HOUSE ISSUES
REPORT AT NEW YORK

By the Associated Press
NEW YORK. July l4-The weekly
statement OF the New York Clearing
House shows:
Total surplus and undivided profits
s723 .3l2 200 Cunchanged). Total net
demand deposits 'averagel, s1l .4S0, 900
tdeereaSe). Time deposits laverageD
81 290 600 (increasel. Clearings week
ending today, $323l.4l3. .645. Clear
ings week ending July Z txl-s3 079,
43l SOS.
tX) Five days.
Evening star., 1934-07-15
j. s. BOND RATES
At RECORD LOW
ASDEBT MOUNTS
Gradual Drop in Interest
Results in Substantial
Federal Saving.
scial nisnatch To The Star

Special Dispatch to The Star
NEW YORK. July 14.-While the
outstanding debt of the United States
Government at the present time is at
the highest point in the history OF
the country, due chiefly to emer-
gency expenditures. the average rate
of interest being paid on that debt is
the lowest In history, according to
an analysis OF the public debt, made
by c. J. Devine e. Co, Inc, Govern
ment bond specialists
This gradual lowering of interest
rates result in a substantial saving to
the government. as indicated by the
latest available figures.
Increase Much Slower.
The annual interest charges on the
present Government debt of S26,-
480. .487 $40 amount to $815. .443 225.
compared with a debt of SIS, ,92l 1872. =
$50 in 1880, on which the annual in
terest charges amounted to $605 967,-
4I9.
Thus. while the debt increased a
total of 66.3 per cent between 1880
and the present date, the annual in
terest charges increased only 3458
per cent.
The average interest rate at the
present time is 3l2 per cent. COM
pared with $50 per cent in 1890.
With the exception of the pre-war
issues, the reduction in interest
charges has applied to all issues
Numerous changes also have taken
place in the type of bonds outstand-
ing Liberty Bonds, which accounted
for Sis per cent of the total debt
in 1880, account for only 239 per cent
of the total debt at the present time.
Treasury Bonds. into which liberties
are being gradually converted, now
make up the largest block of outstand-
ing Government issues. accounting for
35.2 per cent of the total, compared
with 1877 per cent in 1880.
Treasury Bills Lowest.
Outstanding Treasury notes now
make up 265 per cent of the total
debt and carry an average interest
rate of 2.65 per cent compared with
an average rate of 365 per cent in
1890.
The lowest average interest rate at
present, naturally, is found in the
Treasury bill group, the average being
O.32 per cent at present against 2.6s
per cent in 1890.
Evening star., 1934-07-15

New Jersey and Long Island potatoes
may be hedged
The New York Produce Exchange
accordingly. appointed a committee TO
interview a large number Of potato
producers. dealers and exporters here
and in leading cities throughout the
country. The interest displayed led
TO establishment of a market here.
A tobacco exchange will be the next
commodity market TO join the process
sion here. with trading to start late
this month
There still is some talk about trad
ing IN Shellac and white pepper on an
organized exchange here. but definite
arrangements for these commodities
have not been made. There is every
indication that several more comraOd-
tiles will be added soon TO the growing
list On New York exchanges.
tConyriEht. 1881
Evening star., 1934-07-15
QUOTAS ARE FIXED
AT POTATO SESSION
Norfolk Area Allowed 500 Cars,
Virginia Eastern Shore, 5000.
Maryland Shore, 500.

BY the Associated Press.
NORFOLK. Va, July 14.-Potato
shipments from the Norfolk section
next week will be held to 500 car
loads, under the quota appOrtiOnment
last night at Il meeting of the Prora-
ton Committees. representing grow
ers and shippers.
The Eastern Shore of Virginia may
ship 5000 carloads and the Eastern
Shore of Maryland 500 carloads, it
was announced.
Fixing of the quotas followed ap-
proval of the potato marketing agree
ment by Secretary OF Agriculture Wal
lace The quotas will be revised from
week to week, it was announced.
Evening star., 1934-07-15
Credit Chief Asks
Business to Take
Politics Seriously
Special Dlspatea 10 ne s,ar

NEW YORK July IA Hint
ing that the calber and opinions
q the next Congress are quite
as important to American bust
ness man az Is the development
Of his next sales program. Henry
II Heimann. executive manager
Of the National Association OF
Credit Men. today urged the rs
600 members Of that organization
TO get into more active partfl-
patton in Government affairs "
He urged the members Of his
association. who direct the credit
and financial affairs Of the larger
wholesale and industrial institu-
tions. 10 see to it that efficient
candidates are put up for Office.
Learn all about your candi-
dates. Helmann said in his
message to his members urging
active participation in politics" ."
Learn their views on money, on
labor on business. on profits, on
legality OF contracts. on sense OF
obligations. See that they de
clare themselves and then help
organize business so that 1t can
politically express Itself
Evening star., 1934-07-15
GOLD STATEMENT.

NEW YORK, July Il dpl.-Today's
gold statement of the New York Fed
eral Reserve Bank showed imports of
S3,394,9 900. There were no exports. A
gain Of $1,000 600 in the monetary gold
stocks Of the country was reported
through release of that amount from
stocks held under earmark for foreign
account
Evening star., 1934-07-15
CODE OFFICIAL TO HEAD
REFRIGERATlNG GROUP
Ry the Associated Press.

NEW YORK. July 1.-THE ap-
pointment OF William B Henderson,
secretary OF the Machinery and Al
lied Products Code Authority OF N
r A. as executive vice president Of
the Refrigerating machinery ASSocla-
ton. was announced by w S. Shipiey.
president OF the organization. Mr.
Henderson who Is well known Chi
cago fnancicr, is also secretary Of the
Durable Goods Committee Of N r. A,
He will establish headquarters in
Washington on August l.