davidaulloa/AmericanStories huggingface dataset:
Evening star., 1939-09-23
Stock Averages
BY VICTOR EUBANK,

NEW YORK, September 23.-
Stock market buyers got behind ra
equipments and specialties in today
brief session and neglected many d
the recently strong war issues.
There was little change in til
news picture, from a market stand
point, although domestic busined
promise remained sufficiently brigh
to bolster selected stocks through
out.
An assortment of former favoritd
was unable to get ahead and, whi
gains ran to a point or so in til
popular groups. minus signs wer
fairly well distributed at the close.
Dealings were sluggish from tn
start and transfers for the tw
hours were around 900 1000 shares, d
about one-half the volume last Sat
urday.
Part of the days timidity was at
tributed by brokers to the belief d
some in Wall Street that the battl
over the neutrality law in Congress
might be drawn out to such an ex |
tent as to stem market bullishnes4
At the same time the consensu|
seemed to be that the PRESIDENT
proposals for lifting the arms emil
barge would eventually be adopted
While European war buheGxse yerI
watched closely in financial quarl
tiers, less excitement over the conf
flict abroad was evident in board|
rooms. q
Stimulating carrier equipmentd
and also enabling rails to keep theiI
balance. were forecasts freight loadl
ings late in October would Jump Il
weekly aggregate of between $780,
600 and 10000 cars, a peak sinc(
October, 1890. Also the American
Association of Railroads announced
class l carriers for July had net
income of ss.578, 900, against q def
cit of $685. 900 in the correspond
ing month of 1898.
Steels displayed scant animation
although some analysts estimated
next weeks mill operations woulo
rise to around 83 or "a per cent oi
capacity, which would compare with
1913 per cent in the current week.
Evening star., 1939-09-23
Farmers Cash Income
Gains Is Per Cent
During August
Reaches $643,000, 900,
Against S628, 900, 900
In 1888 Month
HY the AScnciafad pxe

By the Associated Press.
The Agricultural Department es-
timated yesterday the August cash
income of American farmers was
13 per cent greater than that of
July.
The August total was estimated
at s643,OO0. 900, including S6O1 0O0,-
600 from farm marketings and S42,-
0O0, 900 in Government benefit pay
ments. Julys total income was
$570 100000 and that of August last
year $628 ,000, 900.
The department estimated the
farm cash income for the January
August period of this year at s4,-
594 .000. 900, compared with s4,6l2,-
100000 for the like period last year
Government benefit payments for
this period totaled $492 900, 900, COM
pared with s306 900 900 last year.
Evening star., 1939-09-23
5. {. T.. Calls for Data
On Auburn DEALINGS
BY the Associated Press.

BY the Associated Press.
NEW YORK, Sept. 23.-Broker-
age firms in the financial district
yesterday received from the Securi-
ties and Exchange Commission a
QUESTIONABLE asking information
concerning transactions in the
shares of Auburn Automobile Co.
between September l and Septem-
ber IL.
Although not very active recent
ly, the stock in question sold Sep
tember 2 at IL for 100 shares. (No
sales were recorded September ~
September 3 100 shares were sold
at 2. Volume and price increased
thereafter until September IL
$500 shares changed hands, reach
ing 5A that day and closing at S.
Volume and price have subsequent
ly declined. Yesterday 300 shares
sold from 37s to AZ, closing at the
later price, up u.
Evening star., 1939-09-23
Merchants Predict
Higher Prices and
Increased Wages
Survey Of Dry Goods
Association Reveals
Neutrality Hopes
By the Associated Press.

By the Associated Press.
NEW YORK. Sept 23-The Euro
pean war will bring higher prices
and increased wages to American
workers, leading retailers said in a
survey made public by the National
Retail Dry Goods Association.
A majority of the 100 represent
ative stores polled to get a cross-sec-
ton said they believed the stores
could and should take active part
in keeping the United States neutral
and free from involvement in war.
Other opinions and predictions
expressed included:
There will be no marked depres-
sion at the outset as was true here
in 1914.
Over a period of time United
States business will be sharply ac-
celerated by heavy demands for
American products.
That demand will increase domes-
tic price levels, but to lesser ex-
tent than during the World War.
Development of new import mar
kets to replace those lost in Europe
will be less important; America is
more nearly sufficient. Few
problems will arise from shutting
of of imports.
Evening star., 1939-09-23
Continental Motors
Orders Up Sharply
Special Dispatc to The Star,

NEW YORK, Sept. &c. j.
Reese, president of Continental Mo-
tors Corp, in the course of a busi-
ness trip to New York yesterday,
announced that the company's un-
filled orders, including orders under
option, on September Is amounted
to $3,568 ,535, as compared with ST.
275, 1923 on July 81, rise Of over
Sc per cent.
Mr.. Reese emphasized that the in
crease In orders covered a wide di-
versity of business, particularly from
agricultural machinery companies,
and was not a reflection of increased
demand for American rearmament
or foreign war materials.
Evening star., 1939-09-23
. Also extras or extras.

. AISU eXVIdS OF eXLr4B. ~
Quotations furnished By National Asso-
ciatton OF Securities Dealers, Inc, which
states they do not necessarily fedect actual
ehould indicate a1pfoxtmato prices.
Evening star., 1939-09-23
Insurance Stocks

NEW YORK Sept 23 0P.-National As
sociation Of Security Dealers. Inc:
Evening star., 1939-09-23
Clearing House Issues
Report at New York
BY the Associated Press,

6y tne ASSoClateQ FreSS.
NEW YORK. Sept. 23.-The week.
ly statement of the New York Clear
ing House yesterday showed: Tota,
surplus and undivided profits un-
changed at $916, ,981 200; total net de-
mand deposits (average) increased
$64 4,2l4,0O0; time deposits (average)
decreased 1861 900; clearings week
ending today. s3,283,517 1893; clear
ings week ending September Is, 3d.
$50, ,832, 1923.
Evening star., 1939-09-23

and loan lead
ers have gone to
Atlantic City to
attend the 47th
annual conven-
tion of tn e
United S t a t e S
B uild ing and
Loan League.
OF er dele
gates were Carl
j. Berg m a n n,
E d W ard G.
BaltZ, c.. Clinton
James and Will
fred H. Blanz.
Other Washing
tOnianS, m nv
Evening star., 1939-09-23


fn bankruptcy receivershtp reoganzeo
6ankfuptcy Act or securities Companies
Rates OF dividend the annual dpurs
oaseo
unless noted special
xo - olvinend x Ex rights Also Paid
ast year PAYABLE in paid 80 far this
this year > n''olnu''eo oVloenos paid or de-
Evening star., 1939-09-23
American AirIines
Orders New Planes
By the Associated Press.

CHICAGO, Sept. %. American
Airlines, Inc, announced 1t had or
dered i've 21-passenger airplanes
from Douglas Aircraft Co.. Inc,
Santa Monica. Calf. ct . cost Of ap-
pro3imately oo00, 900.
Evening star., 1939-09-23
Investing Companies

NEW YORK Sept % dP.-National Az
sociation Securities Dealers, Inc
Evening star., 1939-09-23

citation Of Securities Dealers. Inc, which
states they do not necessarily reflect actual
transactions or hrm bids or offers, but
should indicate approximate prices. and
unless otherwise indicated, are as quoted
by the SPONSORS or issuers.
Indicates. mot quoted By SPONSORS or
issuers."
Evening star., 1939-09-23
Building and Loan
Leaders Leave Here
For 47th Conc|ave
District Sends Extra
Large Delegation
To Atlantic City
By EDWARD C, STONE.

Headed by Arthur G. Bishop,
president of the District of Colum-
bia Building and Loan League, the
first of large delegation of building
Evening star., 1939-09-23
New York Sugar

NEW YORK. Sept. % R.-susar fu-
lures No. 3 opened upchanrSd e lower
The Coolidge examiner., 1939-04-13
CORPORATE REPORT TELLS THE
CTOPY

Corporate financial reports of late years have had
one characteristic in common-besides drynes-namely
they have shown alarming the incidence of taxa
ton rise that in the words of President Barrett of the
Long Island Lighting Company, mot generally reaiz-
ed Long Island Lighting paid nearly three times much
in taxes in 1888 it did in 1928 In the latter year they
amounted to S1267 share the companys outstanding
preferred stock and equivalent to 81 OF share
common stock For served with either
or electricity Long Island Lghtngs averaged SITS
and for those served with BOTH the average $3.50
The financial report of an electric utility the east
coast may long way from home far a Kansas
farmer local merchant in California concerned but it
isn't One need look farther than this or any other
typical financial report to why business and industry
generally, marking time. why unemployment is
rampant, and investors hesitant.
1t is bad enough for government to take more than
It's Just share of the earnings of private enterprise in the
form of taxes but when then around uses that
money as in the of the electric utilities to put private
enterprise out of business through subsidized taxree
competition what expect but economic chaos?
1t is going to take than mere talk of business
"appeasement" to restore confidence.
The Coolidge examiner., 1939-04-13

Local business in continuing It's
steady improvement, according to
Grover Hall, Nash representative
in Coolidge, who reports that Nash
retail sales in this area during the
second 10 days of March were up
500 per cent over the same period
last year.
Similar gains, which since the
first of the year have made Nash
the fourth largest producer in the
automobile industry, are being
registered nationally of Nash, Mr.
Hall said Total U. S. sales Of new
Nash cars IN the second Today
period of March were up 14.2 per
cent over the first 10 days of the
month and up AZ per cent over the
last period of February.
This makes the fourteenth con-
secutive Today period, he pointed
out, that Nash sales have shown
sharp gains over the comparable
periods of 1897 and 1888. He at
tributed much Of Nash's rapidly
rising public acceptance to it's
many distinctive new features,
such as sand mortex" soundproof-
ing twin ignition, valve in head
engines and the famed Weather
Eye" conditioned air system.
at is also impossible to over,
estimate the powerful effect Of
Nash's usually heavy newspaper
advertising schedule, which this
year is one of the most intensive
in Nash history" Mr. Hall said.
The Coolidge examiner., 1939-04-13
NOTICE FOR PUBLICATION

United States Department of the
Interior, General Land Office at
Phoenix, Arizona.
March % 1889
NOTICE is hereby given that
Richard j. Jones, of Coolidge, Ari-
zona, who, on July 7, 1880, made
Desert Land Entry, No. O66609, for
Lots 1, 2, E7aNWA, Section IS.
Township S., Range E., G. &c S.
R. B. G Meridian, has filed notice
of intention to make Final Proof,
to establish claim to the land above
described, before T. J. Marks,
Clerk of Superior Court, at Florence,
Arizona, on the 3rd day of May,
1889.
Claimant names as witnesses:
John D. Goree, Ben Scott, Hubert
A. Odom, c.. A. Clements all Of
Coolidge, Arizona.
To be published for 5 consecutive
weeks in "The Coolidge Examiner,
Coolidge, Arizona, 1st publication
March 80, 1889.
P. J. KEOHANE,
Register.
First publication March 30, 1889.
Last publication April 27, 1889.
The Coolidge examiner., 1939-04-13
SOUR FRUITS

Those public who talk so much about recovery
might think these simple truisms:
We can't have recovery until the unemployed are
absorbed by productive industry.
Industry cannot absorb the unemployed until it can
expand and sell more goods
Industry cannot expand until the people of this
country feel sufficient faith in the future risk their
in industrial undertakings in the hope making
profit.
People with savings going to continue to hoard
them so long governmental policy penalties thrift
and enterprise through exortonate taxes strait
jacket regulations
There's the story in nutshell. For many years
politics has browbeaten industry and capitalize two
factors which keep country going And we're tasting
the sour fruits of that destructive policy now.
The Coolidge examiner., 1939-04-13

Chevrolet dealers sold 24,342
new cars and trucks at retail dur
ing the second 10 days of March
it was announced at company head
quarters here today. This is a con
tinuation Of the upward trend
notable since new model introduc-
ton, making the months sales to
date 36.3 per cent higher than they
were a year ago. Used car sales
for March this year are also run
ming ahead OF those for the same
period in 1898.
Combined sales of new cars and
used cars, during the second 10
days, were 66.295 units, and for the
month to Gate, 126,373, the an
nouncement said.
The Coolidge examiner., 1939-04-13

More than rs per cent of Chevro-
let dealers are now cooperating
actively in the program established
bv the factory to back up with ex-
pert service every Chevrolet car
and truck sold. The announcement
was made here this week by Ed.
Hedner, national service and me-
chanical manager.
Chevrolet, Hedner said, has de-
veloped continuous year round
activity designed to keep service
managers and their mechanics up
to the minute on all phases Of their
work. The basis of the system is
the Service Managers Clubs, of
which there are 235 in the United
States. These meet monthly, draw
ing their attendance from the
dealerships in their respective
areas. The material studied at the
Service Managers Club meetings
is furnished by the Service and
Mechanical Department in Detroit,
one division of which devotes full
time to supervision of this work
Motion pictures, slide films, engi-
neering and servicing data, cover
ing both equipment and method,
make up the study course, which is
supplemented by informal discus
sion Of the way in which individual
managers have dealt with specific
service problems.
Returning home, the service
hold similar meetings in
their own dealerships every two
weeks, using the material shown
at the managers meeting, plus con-
Quoting a Is minutes oral examina-
ton, covering the same ground.
One or more specific service
problems are discussed at each Of
these meetings, in light of the
latest information on the subject.
Reports of all these meetings are
lied in the Central Office, an ar
The Coolidge examiner., 1939-04-13
THEY HAD TOBE SHOWN

- 1t isn't the living price for milk that farmers have
been enjoying these past few months that matters
much, editorial in the Dairymens League News
New York t is the fact that farmers have found out
that there is living price for milk Many of them
could believe it. They had to be shown and they
shown"
That Giving price, of which the News speaks was
gained primarily by marketing cooperation under group
of moderate laws which encourage but subsidze
the movement 1t done by the cohesive efforts of
thousands of individual producers, working Loyalty to-
gether in their cooperative organization It done by
the of honest business methods and tenacious adher
to principles
The Coolidge examiner., 1939-04-13
NOTICE TO CREDITORS

IN THE SUPERIOR COURT OF
PINAL COUNTY, STATE OF
ARIZONA
Estate of John A. Chantry de-
ceased. Notice is hereby given by
the undersigned Robert Denton, ad-
ministrator of the estate of John
A. Chantry deceased, to the
creditors of and all persons hav-
ing claims against the said deceas-
ed, to exhibit them, with the neces-
The Coolidge examiner., 1939-04-13
Home Ownership for
$2,5OO Incomes

Families receiving incomes Of
$4,000 or less are the major bene
ficiaries Of the new home financing
facilities made available by Federal
Housing Administration insurance
Of home mortgages, according to
Administrator Stwart Mcdonald.
Liberalization of the provisions of
the National Housing Act to per-
nit the insurance Of mortgages
representing as much as 90 per-
cent of the appraised value of the
property, in some cases, has been
OF great benefit to low income
families, he said. This is true also
of the provision which permits the
lengthening Of the term of the
mortgage to periods as long as 25
years, in certain cases.
Recently completed surveys show,
the Administrator said, that the
average monthly payment on mort
cages insured for families receiving
incomes of $4,000 or less was 10
percent smaller in 1899 than in the
previous year. This decrease was
due not only to the lengthening of
the period Of repayment but also
to slight decreases in the average
value of properties purchased by
families falling in this group.
''One of the main objectives OF
the February 1889 amendments TO
the National Housing Act was to
place home ownership within easier
reach of more families of moderate
and low incomes" the Admins
traitor said. Results of the first
years experience with the new plan
indicate that the lowering Of the
down payment, to 10 per cent of
the appraised value in some cases,
has permitted a large group Of
families to purchase homes on very
reasonable terms.
while the popularity of the new
high ratio mortgages has resulted
in an increase of 9 percent in the
average mortgage obligation insur-
ed for families falling in the lower
income brackets, this increase has
been accompanied by an even
greater reduction in the average
monthly payments OF these families.
Last year new homes constitut-
ed approximately 70 percent of
FILA business, and SO percent of
all mortgages covered single-family
homes. In addition to this, more
than 60 percent of borrowers un-
der the FILA plan paid less than
$50 a month for amortization Of
principal and payments for interest
and mortgage insurance premium
on their FHA-insured loans. For
81 percent of the families this
mortgage payment amounted to less
than 20 percent of monthly income.
"It can be seen that families of
modest means are finding it pos
sible, with the new home financ-
ing facilities which have been made
available, 30 purchase homes or
terms which will not overburden
them and make the repayment of
their mortgage obligations diff
cult"
Mr.. Mcdonald pointed out that
average monthly payments of all
groups of families showed a decided
decrease during the year. In view
of the fact that the average amount
of mortgage loans obtained by
families of larger means showed
only small increases or even de-
creases, the average monthly pay
y, -, r1C1ihln
The Coolidge examiner., 1939-04-13

sary vouchers, within 10 months
after the first publication of this
notlce to the said administrator at
the Law Office of Robert Denton,
Casa Grande, Arizona the same be
ing the place for the transaction of
the business of said estate, in said
County Of Pinal.
ROBERT DENTON,
Administrator of the estate
of John A. Chantry, deceas
ed.
Dated at Florence, Arizona this
Bird day of April, 1889
First publication April 9Th, 1889.
Last publication April 27, 1888.
The Coolidge examiner., 1939-04-13

mineral character of the land. or
for any other reason, to the dis
posal to applicant, should file their
affidavits Of protest in this office
on or before the 27th day Of April,
1889.
p. J. KEOHANE,
Register.
First publication: March %. 1889.
Last publication: April 20, 1899.
The Coolidge examiner., 1939-04-13
"As it Appears To
Your Congressman"
By John r. MurdOck

OF all the complicated interna
problems confronting Uncle Sam
by no means the lea\t Is the matter
of Justice of our Indians. have
for some time served as chairman
of a subcommittee of the Indian
Affairs Committee, holding hear
ings on H. r. 3765 which is
jurisdictional bill concerning the
California Indians. | wish ths
angel Gabriel were a member
sitting in on this hearing, About
year ago | presided over sub
committee Of three of an Indian
Affairs Committee, the other two
being Congressman Bruce Barton
of New York City and Delegate
Diamond Of Alaska, and the bill
had to DO with an Indian battle
occurring more than fifty years
ago and involving the Sioux In
dians and the Seventh U. s.
Cavalry. Since we have so many
perplexing Indian problems within
Arizona, I dislike to give time to
other Indian problems. At this
moment | have a bill concerning
some land formerly belonging to
the San Carlos Reservation which
should be purchased and open to
entry. I do hope for better success
on this bill than it has had in the
last three Congresses.
Title One of the Federal Housing
Authority will be reported ost OF
Committee again, so | understand
and that measure will be before
Congress the day this paper goes
to press. The amount Of the fund
to underwrite loans under Ff1A has
been increased one billion dollars.
making the total available four
billions. The prospects seem good
for the extension of the FHA, in
cluding Title One.
Several owners Of manganese de-
posits in Arizona have been unduiy
encouraged by reports from Wash
ington concerning the Government s
program to buy hundred million
dollars worth of the strategic war
materials. This legislation has not
vet been passed. We Westerners
are hopeful and of course are push
ing the matter. Pennsylvania con-
gressmen from the great steel
centers insist on laying in supply
Of these strategic materials at
once, getting them from foreign
countries where labor is cheap.
There is flood Of discussion
and proposed legislation this ses-
sion dealing with the money ques-
ton. This week a bill to extend
the Presidents power to stabilize
the dollar will come before the
House. The Governments gold
policy and its silver purchase policy
have come in for lot of criticism.
have by invitation sat in on
several hearings on the silver
question by Senator Pittman J
Committee. On April Z the veteran
Senator Owen of Oklahoma testified
concerning gold, silver and the
Federal Reserve Bank system. He
presented that famous bill to the
U. S. Senate in 1913 and does net
hesitate to tell present day
Senators what is the matter with
the existing law. 1t encourages us
Westerners that the aged money
authority does not condemn the
present gold-silver program.
The Coolidge examiner., 1939-04-13

ments of families over $4,000 in
come decreased from II to 16 per
cent. This decrease is attributable,
in some measure, to the decrease
noted in the average value of
properties purchased by upper in
come group families.
The Coolidge examiner., 1939-04-13
A FINISH FIGHT

Daily 1T is becoming apparent that the battle to
haut gigantic public spending and ceaseess deficit fl
uancng has begun in earnest Senator Harrison chairman
of the Senate Finance Committee Joined the of
with the remark that the governments fiscal picture
must be carefully med and that doesn't next
year, but now--and not through coored lens
opposed unless exceptional Circumstances arise,
creasng by law the present limit of the national debt
only is to begin Immediately radical and sub
stantia cut in government expenditures"
Official estimate of total expenditures for the current
fiscal year. nearly S95O0OOO OOO0-three times the
annual expenditure for the pre-defct years
1922193O inclusive. Forty cent of this total in the
current fiscal year will go for relief and public works.
In to the fauous challenge of where to start
cutting the National Economy League has outlined in de-
tail program of budget balancing that the New York
Times has termed "an important public service"
Farsghted individuals in public and private life have
dug in for finish fight uncontrolled public spending
Whether they lose depends entirely upon the degree
of public support they receive If they permitted
go down in defeat the most valued possession Of
American ctzen-liberty-may go down with them
with retrenchment being urged not only necessary
to recovery but essential to safety it is amazing that
attention in Congress and out being devoted the
vital business of reorganization of the federal relief
system. Frank r. Kent.
The Coolidge examiner., 1939-04-13

rangement which makes it possible
for the Service and Mechanical De-
partment to distribute any special
ly useful items contained in such
reports quickly throughout the en-
tire field, through the channels
provided by the countrywide
training set-up.
The Coolidge examiner., 1939-04-13

]. Watt Hogue, proprietor of the
Sea Lane hotel, left Monday for
Globe to lock after his business
interests at that place. Mr.. Hogue
expects to be away about a month