davidaulloa/AmericanStories huggingface dataset:
The Wilmington morning star., 1941-02-23
WlLMINCTONFLIER
ADD PHOTOGRAPHY
Penningtons Now Offering
Aerial Photo Service to
Wilmington Public

Camera fans have always taken
DELIGHT in taking pictures OF ar
planes, pilots, and airport actvi-
ties. Then later they tock to me
air in the planes they had for
merly used as subjects for their
pictures, and discovered for them,
selves the opportunities OF aerial
Photography. The terrain below
offered such an unusual variety OF
subieca that they We1. surprised
and thought they had something
there.
But they didn't know that the
sviatorg themselves had found cut
1ong ago just how they could make
use Of the panorama below il it
vas caught and placed on paper.
There are several companies today
whose only work Is aerial photogra-
phy. Their work includes every
thing from making large maps TO
shooting q picture Of a popular
resort 10 be used in advertising.
Many commercial airport opera
tors have added extra dollars to
their tills in much . same way,
taking pictures from the air.
The Pennington Flying Service
offers just such service to the
public. Name your subject, Wheth-
er if is a farm or = factory, they
are prepared to give you a good
aerial photo. The camera with
which your picture will be made
is one especially made for aerial
photography, namely a SkyvieW.
Equipped with the maze Of gadgets
and filters which delight camera
fans, the Skyview will make a
clear, sharp shot Of the subject
every time. The plane that will
be used is one Of the lightplanes,
q Piper Cub. Having a slow cruls-
ing speed, the Cub is ideal for
this type Of work, as the sloWness
gives the photographer more time
in his work, which i important to
good pictures. The pilot can fly
to the spot in only a few moments
and there is the farm or factory
below him, waiting to be snapped.
a few adjustments to the camera
are made, the pilot determines his
correct altitude for the picture,
ard maneuvers his plane around
to the best advantage, slowly your
subject wheels into view in the
view finder, and at the correct
moment an experienced aerial
photographer takes the picture.
Several more shots may be made
from different angles after which
pilot and photographer return TO
the airport in a few minutes.
Any number Of subjects have
been photographed by the Penning-
tons. The Skyview has recorded
aerial views Of the housing prof.
ects, various mills and factories
in and around the city, the local
beaches, waterfront scenes, de-
velopments, farms, the town it
self, the airport, planes at the
seaplane float business sites, and
many other Of the hundreds Of
possible subjects. Photographs OF
the work at Camp Davis are being
made two times a month from
the air for government use. 5
The Wilmington morning star., 1941-02-23
FREEMAN SHOE CO..
BUILDS new STORE
Two Establishments Housed
In Modern Building On
Front Street d.

In line with the rebuilding and
modernization program which has
been carried out in Wilmngton's
business district, the Freeman Shoe
company during 1910 erected one
of the most modern Of business
houses on Front street between
Market and Princess streets, Just
north of the new Bailey theatre.
Work on the building was begun
in May, shortly after construction
on the theatre was started, and
was completed in October at a
cost of approximately $45, 900.
The work was done by U. A.
Underwood and company and the
building now affords two business
houses the most modern and at
tractive Of store space.
The building measures los feet
by "a feet and each Of the two
stores located in it are completely
aforementioned. They are lighted
with the latest type Of fluorescent
lighting fixtures, attractive to look
at and providing a type Of light
which allows the customer to see
the goods purchased just as they
will look in daylight.
Ultra-fine display fixtures were
purchased for the two stores and
have unusual eye-appeal, being
modernistically simple in design
and material.
The front Of the building is COW
cred with pre-cast stone, a ma
terial made in Greensboro, which
blends we'll with the modernistic
architecture.
One of the new features in the
building is the high bulkhead ne
Of front display window, which
brings the goods close to the eye
of the window-shopper. These win
dows are also furnished with the
latest of lighting fixtures and are
most attractive at night.
The second ~floorsof the building
houses offices for the two stores
a | gives them each ample stor-
age space.
The ceilings in the building are
covered with masonic, while the
interior color schemes are cen
tered around pastel shades. 5
The Wilmington morning star., 1941-02-23
Wide Contrasts Still
Ruling In Bond Market

tate the rate Of interest it will pay.
The governments power to levy
taxes, furthermore, has been an
instrument tending to promote a
low level Of interest rate on gov
eminent bonds. These obligations,
being tax exempt, have a special
attraction to wealthy individuals
whose personal incomes, if derived
from profits or from interest on
most corporate bonds, would be
greatly reduced by taxation.
Another group Of credit oblisa-
tons which today are fairly homo
genous are high-grade corporate
bonds-chiefly utilities and indus
trials. Although the income from
these high grade corporate obliga-
tons is net tax-exempt, the search
for safety and the pressure Of idle
money has been so great that such
bonds afford the lowest yield in
history at the present time, an
average group yield Of about 2.52
percent to maturity. The differ
ence Of some "a percent yield be-
tween these and government bonds
indicates roughly the value at
tached to the tax-exemption priv
ilege on the government issues.
Risks, Small Profit
There is another group Of bonds,
again mostly in the utility and In
dustrial fields, now selling above
par and returning an average yield
OF nearly 4 IL percent. On exam
nation, however, the record Of
these obligations indicates that
their quality rating would be much
closer to medium grade than high
grade. Such bonds in many cases
have in the past sold well below so
and the margin Of earnings pro-
lection in the past and at present
is not very great. Although the
yield Of nearly 4 IL percent seems
quite attractive in relation to that
obtainable on government bonds
and high grade corporate issues,
the risks Of capital loss, or at
least of capital fluctuation, is a
very important offsetting consider
alton from the standpoint of the
bond buyer today.
Another very large group of
bonds, generally and quite accur-
ately classified as speculative, are
priced and are appraised in the
market place in very much the
same manner as common stocks.
An average group of such bonds
yields today over eight percent but
the holder or purchaser of such
bonds is not interested so much in
the yield as he is in the earnings
background and speculative posi-
bilitles of this type of obligation.
Most Of the bonds in this classifi-
cation today are the obligations of
railroad systems, over m a y Of
which hangs the persistent threat
of reorganization or default. 1t is
natural, therefore, that the high
yields obtainable in the field be-
comes meaningless when compared
with those, for instance, on U. S.
Government bonds. Yields above
ten percent are not uncommon on
the obligations Of foreign govern
ments, previously sold in this coun-
try, are selling at extremely low
prices and SO return a very high
yield. On a typical group this yield
is better than IA per cent. AS in
the case of domestic speculative
bonds, the threat of default is so
important a factor in any decision
about their value that to make any
comparison by yield is rather
! meaningless. They can only be
The Wilmington morning star., 1941-02-23
Different Groups Variously
Reflect Money Supply,
Investment Demand

In 1929 Andrew Mellon, then Sec
rotary Of the Treasury. observed to
the press that bonds were a good
buy" It was possible at that time
for financial commentators and In
vestors to grasp this generalization
in terms Of an existing reality.
But in these recent years OF con-
flict and social upheaval, prev1
ously held financial conceptions
have beer pretty well scrambled
No longer are we permitted to OBJ
serve the bond market" in terms
Of a single entity like the well
known Dow-Jones "average." Ten
years ago the investor opening his
newspaper to the bond section Of
the financial page found most o.
the daily quotations within five per
cent or ten percent OF par. De
faulted bonds and bonds selling I'M
der so were the exception rather
than the rule. The so-called bono
ratings we're punched closely II
the A to AAA classifications. In
1910, by contrast, bond quotations
on the financial page have all the
varied price range and complexion
of the stock market.
In any intelligent appraisal Of
the bond market today, therefore,
it becomes necessary to consider
the various component groups Of
bonds in the market rather thar
the bond market as a whole.
Government Bond Paradoxes
First in point OF importance and
lowest in point Of yield are the tai
exempt obligations Of the U. S
government. A diversified group
Of maturities for U. S. government
bonds today shows an average
yield Of III percent to maturity
and the price Of the bonds CORE
spondingly stands at an all-time
high point. Judged by the standard
Of ten years ago, the circumstances
accompanying this price and yielc
position of U. S. government bonds
is wholly incomprehensible.
II any financial expert had beer
told in the 1905 that by 1910 the
U. S. government would have
shown a deficit Of increasing size
each year throughout the ten year
period to 1941, that practically all
Of the monetary gold in the world
would have been lodged in the U.
S., that a major world war would
be engulfing the world, that bank
deposits would have expanded far
above 1929 levels-such an expert
would have conscientiously forecast
that the rate of interest obtainable
on government bonds would I'm.
questionably be at a fairly high
level. Anyone who would have
dared to envision such a future
and, at the same time, a yield OF
less than two percent on long-term
government bonds, would have
been considered a crackpot sooth-
sayer.
Managed Money" Marvels
This financial marvel has been
accomplished by the new concep.
tlon OF managed money" The
extension Of federal powers and
controls over the flow of capital
and interest rates has become so
complete that the government to.
day, being the only borrower OF
Importance insofar as new money
IS concerned, can practically die.
The Wilmington morning star., 1941-02-23
RECEIPTS
REACH new PEAK
1910 Figure Totals s218,O62
For Gain OF &C. Per Cent
Over 1889

Postal receipts hit a new high
in Wilmington during 1910 and are
already showing an increase over
that year as 1941 gets into swing.
In 1910, figures released by Post
master Wilbur r. Dosher show, re-
ceipts in the Wilmington postoffice
totalled s21s, 062. 02 as compared
with s2o4, 3e4.27 in 1889, for a gain
Of e.6 per cent.
And indications are that 1871 will
show an increase over 1910, for in
January Of this year the receipts
totalled SIG, 834.03 as compared
with s1s, .33 In January Of last
year, for a gain this year Of ST.
406. 50.
The receipts In 1910 were high
for the past five years when re-
ceipts were as follows:
1896 s1se, 1893
1887 1876, 746.10
1850 ~oo,oAi.o4
1883 oo4'I'
l94U Z1o,
These figures include only re-
ceipts from stamps, stamped en-
velopes, post cards and box rents
and do not include such receipts
as money order fees and the like.
Not only did the po~stotfice ex-
pand its receipts in 1910, but 1t in
creased the service 1t renders to
the public Of Wilmington and its
e%nvirons.
During the year city service wal
extended 10 Sunset Park, Wood
crest, Brookwood and Chestnut
Heights, with each Of these SUBJ
urhs now receiving two mail de-
iveries each day.
Forest Hills is now the only near
by suburb not receiving city de-
livery service and so far no request
from the residents Of that subdi-
vision for such a service has been
received by the postoffice.
The increase in postal receipts,
Of course, meant an increase in
the work done in the postoffice.
For example, at Christmas time
the p~ostoffice this past year ham
died no less than 495, 100 Christ
mas greeting cards, reached a new
high for a four year period. In
1887 there were 1856, 900 such pieces
of mail handled. In 1888 the total
rose to 1876 and in 1899 went
to 4O1, 700 only to be passed again
in 1910.
During the Christmas season the
postoffice handled no less than 49,
$50 parcels, or approximately an
average of four to every resident of
Wilmington. And, figures show,
Santa Claus favored Wilmington
during that time, for whereas $3.50
sacks of Christmas parcels were
received at the postoffice here,
only 4,305 sacks were mailed to
out-of-town points through the Of
flee.
The Wilmington morning star., 1941-02-23

Both the Eagle, first daily Jews
paper in Brooklyn, and the New
York Tribune, started by Horace
Greeley, began publication LOG
years ago.
The Wilmington morning star., 1941-02-23

England's LORD Beaverbrook
once made a round trip to tn c
United States in eight days, re-
naming in New York only over
night
The Wilmington morning star., 1941-02-23

A government survey in Canada
several years ago disclosed many
men and women working for ten
cents an hour.
The Wilmington morning star., 1941-02-23

Miami, Fla, jumped all the way
from 18th to 48th rank among the
nations cities between 1880 ana
1910.
The Wilmington morning star., 1941-02-23

of,sr n bond market" is non-existent: it is markets" with shoppers
s vme,1u many different yields, rejecting many different investment and
speculative factors a s well as the continued pressure of idle funds
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1941-09-25
PETITION
CONTINUED From Page One)

The Superior game refuge, largest
state protection area in the nation
embraces the wilderness of roadless
regions of the Superior National
Forest.
Blair said that if large areas of the
refuge were vacated to accommodate
less than 100 duck hunters, it would
not be in the public interest, as other
species could be taken during legal
open seasons. He mentioned beaver,
necessary to the region for water con-
servation and fire protection, as an
example of a species that needs pro-
lection.
Starkweather signed the order in
the absence of Col. L. E. Fiero, direc-
tor of the division of game refuge and
fish, who is on four weeks leave at
tending army maneuvers in Louisiana.
The announcement was received by
The Miner last Thursday afternoon,
just few hours too late to be in
Guided in last weeks issue.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1941-09-25
National Forest Timber for Sale

Sealed bids will be received by the
Regional Forester, Forest Service
MuWauKee, wisconsin, up to and in
Guiding october %, 194l. for all the
merchantable dead timber standing or
down and all the live timber marked
or designated for cutting on an area
embracing about 50177 acres within
Township SO North, Ranges IL and 10
West; Township go North. Ranges 9.
10, IL, and IL West; Township 81
North, Ranges 9, 10, and IL West. 4th
P. M Stony Working Circle, SUPERIOR
National Forest Minnesota, estimated
to be 10000 cords of rough Jack pine.
$4,000 cords of rough spruce, and 5000
cords OF rough balsam fir pulpwood:
LOO M board feet of white pine. 200
M board feet of red pine, 2,3OO M
board feet of aspen Sawtimber; 5000
birch standard railroad tie bolts, 5000
cedar standard railroad tie bolts, and
1000 cedar reject railroad tie bolts,
more or less; and unestimated amounts
or aspen pulpwood cedar posts, and
standard tamarack railroad tie bolts,
together with unestimated amounts of
| other species suitable for various pro-
| ducts to be purchased at the option
of the purchaser at rates to be eStab-
| lished by the Forest Supervisor IN
less such amounts are changed by the
Regional Forester, cutting period of
approximately ten years will be al
lowed, and minimum of 10000 cords
and a maximum of 100000 cords of
pulpwood or an equivalent volume of
all forms of material, shall be cut dur
ing each three year period covered by
the sale contract. No bid of less than
$0.65 per rough cord for jack pine
pulpwood, $1.55 per rough cord for
spruce pulpwood, $055 per rough cord
for balsam fir pulpwood, $500 per NJ
board feet for red and white pine
sawtimber $3.50 per M board feet for
aspen sawtimber, 5000 each for birch
| and cedar standard railroad tie bolts,
| $003 each for cedar reject railroad tie
bolts will be considered In addition
| to the prices bid for Stumpage, the
purchaser will be required to make a
| cooperative deposit of 5000 per rough
cord for all jack pine, spruce, and
| balsam fir pulpwood cut, the fund to
be used for general stand improve
| ment work; the purchaser will also be
required to make a cooperative de-
post of $0.15 per rough cord for all
| jack pine, spruce, and balsam fir pulp
| wood and $001 each for all cedar
railroad tie bolts cut, the deposits to
be used as a part of a special fund
for disposing of slash. The coopera-
tive deposits are not subject to refund
except as they may be in excess of the
amounts actually due the United States.
] 100000 must be deposited with each
bid to be applied on the purchase price,
refunded, or retained in part as
liquidated damages, according to the
conditions of sale. The right to reject
I any and all bids is reserved. Before
bids are submitted, full information
concerning the timber, the conditions
of sale, and the submission of bids
| should be obtained from the Regional
Forester, Milwaukee, Wisconsin, or the
Forest Supervisor, Duluth, Minnesota.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1941-09-25
GET SET FOR
YEARS WORK

The Ely Unit of the National Council
of Catholic Women held its initial
meeting of the current club year at
the Community Center on Tuesday
evening.
Miss Frances Spooner presided and
fifty members answered roll call.
Father Priley was present and dis
cussed stuly clubs for the year. All
clubs will study "Church History
Through Biography under Father
Priley's able leadership.
1t was decided to form sewing
unit for Red Cross work and many
members volunteered for this service.
Following the meeting, lunch was
served by the new officers. New officers
in charge of the work this year are {:
Miss Frances Spooner, president;
Mrs. John Salminen, Mrs. Burns Rora-
beck, and Mrs. John Buccowich, first,
second and third vice presidents; Miss
Kathleen Coffey, financial secretary;
Mrs. Uno Saari, recording secretary;
Mrs. Anton Grahek, treasurer and Miss
Barbara Matesha, corresponding Secre-
tary.
Committees named were as follows
Sanctuary-Miss Coffey, Mrs, Frank
Vranesich, Mrs. Matt Boldine and
Mrs. John Lozar; Publicity-Mrs. Jos.
Fleming; Girls Welfare-Miss Frances
Hilligan, Miss Rose Schmidt and Miss
Spooner.
Summer School-MrS. Fred ASlin and
Mrs. John Dragavon; Sick-Mrs. Jos
Jenko and Mrs. M. j. Murphy; Study
Club-MrS. John j. Golobich; Mem
bership for October-Mrs. M. j.
Murphy. chairman,
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1941-09-25
LETTERS FROM
THE 'FRONT.'

EMIL ABRAHAM HARJU has passed
through the Fort Smelling induction
center and has been sent to the en-
gineer replacement training center at
Fort Leonard Wood, Missouri.
81 have been receiving the Ely Miner
regularly, and surely look forward to
getting it," writes A. j. MARKUN from
the U. S. naval air station at Seattle
Wash. "I wish to take this means OF
thanking the Veterans of Foreign Wars
you you for sending the paper"
I've finished school here, and am
going to San Diego to be attached to
a patrol squadron, so will you please
hold up my paper until send you my
new address"
Word comes from JOHN j. LENICH
at Fort Ord, Calf, that I'm expect
ing my discharge within few days"
Thanks a million to the WV fol-
so generously sending our interesting
home town paper to me and the other
boys serving the colors. I deeply ap-
preciate what the WV did in giving
us a helping hand during our period
in the service
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1941-09-25
REGULAR MEET
OF AUXILIARY,

The American Legion Auxiliary will
hold its regular meeting on next
Wednesday, evening, Oct. 1, at the
club rooms in the Community Center
at 7:30.
The business meeting will be followed
by program. Miss Lois Anderson will
sing a group of solos in which she will
be accompanied by Mrs. Floyd Dun
stan. Miss Mary Jane Larson will
give readings and piano selections will
be played by George Gould.
Mrs. Harold Dillon will lead in
Community singing after which social
hour with lunch will follow.
The lunch committee is composed
of Mrs. Hilda Ellefsen, Mrs. Gladys
Anderson, Agnes Fogelberg, Mrs. Betty
Dillon, Mrs. Sue Johnson and Mrs.
GuSsie Larson.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1941-09-25
CLUB MEMBERS
AT virginia

Mrs. NJ j. Fleming, Miss Justine
Vessel and Mrs. F. v. Di Nino, president,
secretary and program chairman re-
spectively of the Music and Drama
club attended the opening meeting of
the Virginia Wednesday Musicale in
Virginia on Monday evening.
This was dinner meeting at the
Fay Hotel at $50 at which Mrs. Paul
A. Weld, Federation of Music Clubs
was the guest of honor.
Mrs. Weld discussed in a most in
teresting and informative way the
National Convention of all Federated
Music Clubs which was held in Los
Angeles last June.
At the Los Angeles meeting Mime
sofa was ably represented by the
Nordic Choral Ensemble of Duluth,
whose appearance on the Pageant of
Nations" program received an ovation.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1941-09-25

Mary Jane Larson is editor of the
Lookout, semi-monthly publication.
Miss Larson, and her assistant, Angela
Poljanec, were selected shortly before
school was out last spring.
Others on the Lookout staff named
last week are Lois Anderson, Marcia
Martin and Ruth Erickson, news edi-
tors; Philip King and Lucy Bouska,
feature editors; Edith Bohince and
Jane Norby, literary editors; Joe
Kuzma, sports editor, and Dan Nest
mix, Wayne Bolitho, and Albert Ko-
chevar, assistants; George Butorac
Florence Lindbeck, and Albin Lenich
humor editors; Shirley Johnson, Sig
Olson, Jr., and Marion Rautio, art
editors.
Reporters include Marcella Turula
Joyce Nelson, Theresa Mattiani, Alice
Newgord, Roland Brennan, Tony Ora
hex, Andrew Luthanen, Hazel Krunk-
kala, and Juan Croft. Circulation
manager is Mary Grahek, and typists
are Catherine Chimzar, Amelia Koro-
sec, and Verna Jamsa. George Gould
Miss Jessie H. Michaelson, and Miss
Vera Mae Glemmestad are faculty ad-
viSorS.
Committees whose members will be
directly responsible for the first quar-
ter's assembly programs follow, the
first person named being chairman:
Sept. 26-Lois Anderson, Philip King,
Laverne Alfalfa, Wayne Bolitho. Oct.
3-Dolores Ellefsen, William Anderson,
Edith Bohince, Stanley Boldin. Oct.
N-Sidney Jarva, George Butorac,
Catherine Chimzar, Mary Grahek
Oct. "a Shirley Johnson, John Fink,
Louis Garni, Ruth Erickson. Oct. 81
Harold Gordon, Robert Hokkanen,
Verna Jamsa, Mary Jane Gordon.
Nov. 7-Alce Newgord, Walter Jones,
Roy Johnson, Florence Lindbeck. Nov.
21-Mary Jane Larson, Tony Grahek,
Laveryn Halamik, Albin Lenich. Dec.
5-Peter Handberg, william Mills, La
veryne Kangas, Adela Kermit. Dec.
12-Esther Tjader, Peggy Lambert,
William Trudgeon, James Pete. Dec.
19-Amelia Korosec, Angela Poljanec,
Edward Shepel, Dan Mestnik.
Faculty advisors are Sigurd F. Olson,
dean, and j. Oliver Hall.
Social activities committee members
are: Douglas Nankervis, chairman;