The Daily Alaska empire Newspaper, August 8, 1932, Page 1

“ALL THE NEWS ALL THE TIME” THE DAILY ALASKA EMPIRE VOL XL., NO 6102 JUNEAU, ALASKA, MONDAY AUGUST 8 1932 MEMBER OF ASSOCIA'IED PRESS PRICE TEN CENTY SHARES C@NTHN UE TO SWEEP UPWARD STOCK PRICES TAKE ADVANCE FAST TRADING Bulls Smash All Opposition in Unprecedented Upswing WAVES OF PROFIT TAKING ROLL IN Rails Lead fi;;;us Forward Movement—Auto Stocks Brisk NEW YORK, Aug. 8—The Stock Market charged forward again to- day smashing all opposition to dis- play a bullishness such as Wall Street thought might not ever be seen again in years. The market was swept by suc- cessive waves of profit taking but this merely served to interrupt the price up-sweeps. Declines of one to three points in the first half hour of trading were regained quickly by noon and set short-lived extreme gains of four to eight points for American Telephone and Telegraph, Dupont, American Can, Norfolk Western, Union Pacific, Santa Fe, Case, Con- solidated Gas, Peoples Gas, North- ern Pacific and Western Union. Other Issues Up Up two to three points were United States Steel, General Mot- ors, Chrysler, North American, New York Central, Pennsylvania, New Haven, Johns-Manville, Safeway, Penny, Coca Cola, Allied Chemical and Bethlehem BSteel. Oils and coppers were inconspic- rous. Rails, many of whom have more than doubled in the past month, continued to lead. the furious ad- vance. Automobile stocks also turned upward. CLOSING PRICES TODAY NEW YORK, Aug. 8. — Alaska Juneau mine stock closed today at 10%, American Can 51%, Anaconda 97%, Bethlehem Steel 19%, Curtiss- Wright 1%, General Motors 15%, International Harvester 26%, Ken- necott 10%, Packard Motors 3%, United States Steel 41%, Armour IS ADMITTED T0 BIG BAIL, MURDER CASE Home Loan Bank Board Appointed President Hoover Names Men to Supervise New Relief Aid ‘WASHINGTON, Aug. 8—Presi- dent Hoover has appointed Frank- lin Fort, of Newark, New Jersey, Chairman of the Home Loan Bank Boarl. Fort is a Republican. The other members of the Board are: Nathan Ames, Democrat of Dallas, Texas. William Best, Republican of Pittsburg, Pennsylvania. 11. Morton Bodfish, Democrat of Chicago, Illinois. Dr. John fries, Republican of Rosewood, Ohio. The Board is to supervise the system, of eight to one dozea Home Loan Discount Banks which will fake home mortgages and loans from building and loan associations, insurance companies and others dealing in real estate paper, ‘o relieve the pressure and relax demonds on home owners. Created By Congress The system of Home Loan Banks was created at the last Congress, one of President Hoover's last major relief recommendations. It is expected new capital will become available through the Re- construction Finance' Corporation. The new banks will be estab- lished in various parts of the country which will be divided into districts the same as Federal Re- serve banks. The site of the locations of the banks will be determined by the Boari which will hold the firsi meeiing during this week. — - — SERVICE ON ALASKA ROAD INTERRUPTED Airplanes l—;_Be Used for About 20 Days— Bridges Out ANCHORAGE, .Alaska, Aug. 8.— With a wooden bridge washed out on Honolulu Creek and other dam- age along the road following heavy rains, The Alaska Railroad is sus- pending service for about 20 days between Curry and McKinley Park. It is expected trains will be op- erated weekly between Seward and Curry, also the park and Fair- A, Wallier. Is:Releassdipee —"Torch Singer” to Be Surrendered WINSTON SALEM, N. C., Aug. 8.—Albert B. Walker, co-defend- ant with Libby Holman Reynolds, the “Torch Singer,” in the murder charge arising out of the death of her husband, Smith Reynolds, heir to the tobacco fortune, was released late Saturday afternoon on a bond of $25000 signed by his father, B. B. Walker, realtor. Mrs. Reynouds is still missing, but her attorneys said she would be surrendered, probably tomor- row. WIDOW SURRENDERS WINSTON-SALEM, Aug. 8.—Lib~ by Holman Reynolds, the “Torch Singer,” widow of the late Smith Reynolds, surrendered to the North Carolina authorities at 2:50 o'clock this afternoon. Dressed in black and heavily veiled, she stepped from a large limousine at a small hotel where a room had been reserved. She was accompanied by her fath- er and William Graves, one of the attorneys for an insurance com- pany, whose representatives arrived with $25,000 for a bond to be used in the event Judge Stack grants a plea for bail. The warrant was served on Mrs. Reynolds in the hotel by Sheriff Sheffield. Record Pack Is Put Up by Emard Cannery With Anchorage Help ANCHORAGE, Alaska, Aug. 8.— The Emard cannery has made a record pack for Anchorage with 40,000 cases. The cannery used Pending resumption of through traffic, airplanes will provide ‘transportation across the gap. Repairs are being rushed to the damaged parts of the railroad. — o —— LITTLE GIRL IS MURDERED SAN FRANCISCO, Cal, Aug. 8. —The search has extended over the state for the suspected slayer of Diana Sideres, 14-year-old school girl, whose battered body was found in a vacant lot hours after she had ridden away from home on a bicycle. The body was partly covered with sacks. Doctors said she was suffocated and then beaten with an Iron pipe and hammer. ——————— REDUCE PAY AT SEATTLE SEATTLE, Aug. 8. — Reducing the municipal payroll by more than $3,000 a day, Mayor John F. Dore has signed the ordinance call- ing for five 8-hour days at the City Hall. Police Department, Fire De- partment, Harbor and other divis- ions requiring full time ‘operation are nov affected. About 3,500 other city employees only local labor. are affected. ) IMARATHON RUN CAPTURED BY ARGENTINIAN Clips Thirtfi;ur Seconds Off Old Record Made by Finlander AMERICAN RELAY TEAMS VICTORIOUS Last of Men's—Track, Field Events Closes with U. S. in Big Lead LOS ANGELES, Cal, Aug. 8— Juan Carlos Zabala, of Argentina, won the marathon Sunday in 2 hours 31 minutes and 36 seconds, clipping 34 seconds off the old record. Sam Ferris of Great Britain, fin- ished second and A. Toivonen, of Finland was third. The former record was set by Kolenmainen, of Finland, in 1930, Americans Win The American team won the 400 meter relay finals in 40 sec- onds, clipping six tenths of a sec- ond off the World and Olympic records. The Americans repeated the 1,600 meter relay finals in 3 minutes and 82 seconds, also breaking the World and Olympic record's by 3.8 seconds. Track Events End Thwe marathon closed the men’s track and field events. In the 400 meter relay finals, Germany was second and Ttaly {third - In the 1,600 meter relay finals Greai Britain was second and Canada third. 24 New Marks Set All told the American men and women athletes have set up 24 new Olympic marks, which includ- ed 13 new world records. The TUnited States ended the mens’ events with 218 points, far ahead of Finland’s 72 points, Great Britain with 55, Germany 36, Ja- pan 35 Canada 34, Ireland end Italy with 23, Sweden with 17 and others trailing down the line. FINLAND CAPTURES ANOTHER OLYMPIC RUN LOS ANGELES, Cal, Aug. 8.— Last Saturday/ Finland's second long distance Olympic victory oc- curred as Volmari Iso-Hollo won the 3,000 meter steeplechase which was etended one lap because of the mistake of an inexperienced lap-checker. ‘Tomn Evanson, British Star, was second and Joe McClusky, Ford- ham star, was third. Eliminating the extra lap, the Finn is credited with the time of 9 minutes 146 seconds, a new world record. 400 Meter Relay The American teams in the 400 meter relay timed 406 seconds in the preliminaries, clipping two- tenths of a second off of the old mark. The American relay team romp- ed the 1,600 meter relay trials in 3 minutes 11.8 seconds, cutting under the world’s record nearly one second. Jim Bausch, Kansas star, won the cecathhlon championship by a wide margin. Akilles Jarvinen of Finland, was second. e EIGHT PERISH IN TWO FIRES CHICAGO, I, Aug. 8—Eight perished in two fires in Chicago and Waukegan early today. Two firemen were killed and two were Dhunt when the wall of a warehouse collapsed here. Six men died in a fire in a roomng ‘house in Waukegan, 80 other roomers escaping. - —— SCHOOL TEACHERS TO TAKE PLEASURE TRIP Miss Pauline Reinhart and Miss Ruby Apland, two of Juneau's pop- ular instruetors in the high and grammar schools, are leaving on the Queen for the Interior, via the upper Yukon route. They will come out either over the railroad or Richardson Highway to the coast., Associated Press Photo as the picturesque parade of the natio ns began with the flags of thirty-nine countries borne by nearly 1,500 athletes opened the Olymplad * Inthe foreground the athletes are m arching into pesition and fo the left a long line swings down one side side of the Olympic Stadium. Above them can be seen a portion of the 105,000 spectators who filled the big bowl to capscity. High on the far right is the Olympic peristyle from which a torch burns thr oughout the games as of olden times. Vlce-Presulent Curus Arrwes to 0pen Games RED S ALM[]N 0IL LOS ANGELES, Cal.—Vice-President Curtis as he was greeted upon his nrrlvu in Los Angeles to officially open the Olympic Games. Left to right: dent Charles Curtis; Governor James Rolph, Jr., of California, and William May Garland, the man Amelia Earhart responsible for hrhmng the gamm to Los Angeles. | i s R Putnam, famed flyer; Vice-Presi- STATE RESTS MURDER CASE MIAMI, Florida, Aug. 8—After a dramatic session featured by a verbal clash between Mrs. J. M. Keith-Miller and State's Attorney Vernon Hawthorne, the State rt‘st-i ed in the case at the trial of} Capt. W. N. Lancaster, flying part- ner of the Australian aviatrix, for | the murder of Haden Clarke, the! flier’s fiancee. Mrs. Keith-Miller testified she had been completely dissillusioned and no longer loved Lancaster, nor the memory of Clarke. 51 MEN DIE IN EXPLOSION TOKYO, Japan, Aug. 8.— seven miners have been Kkille a gas explosion at the Sorachi Coal Mine on the island of Hok- kaido. Fifty bodies have been re- covered according to reports receiv= ied here. Drowns Trying To Save Life Of Another HOOD RIVER, Oregen, Aug. 8.—Three persons were drown- ed in the Columbia River last Saturday afterncon within an hour, one losing his life in an attempt to save another. Dr. Andres Ausplan was drowned trying to save his niece, Norma Saxwick, caught in the undertow. Melvin Sigman sank while bathing. —_——————— IGHAPIN IS NOW COMMERCE SECY, i 8—Roy C.| WAEHINGTON, Aug. ‘Chapin was today sworn in as ESeer:mry of Commerce succeeding Robert P. Lamont, resigned. The oath was administered by | Edwa'd Libby. Heads of Bureaus surrounded the. new chief as he| i 1Wfls icducted into office. B.EFLEAVE PENN. TOWN | JOHNSTOWN, Penn., Aug. 8— Shouting " and cheering, the last junits of the stranded Bonuseers left here on a special train for | the Fast late last Saturday after-| noon, running to New Jersey with | —— Democrats Increasing numerous stops schduled. | ALASKAN COMING BACK MINNEAPOLIS, Minn. Aug. 8.— Raggady ‘tited and disappointed, | 75 members of the bonus seekers passed through here Sunday en- |route to $helr homes in the Paci- fic Northwest. Included in the group is John L. Steel, who is .returning to! Hyde:, Alaska, from where he left, last £Lril to join the bonus march. — .- MRS. J. E. DRAIN IS i | COMING HERE FOR VISIT | | Mrs. J. E. Drain, of Seatile, is 2! 1A, Elliott, |Hygx4:ne Division, passenger aboard the steamer Aleu- with Mrs. Robert W. Bender and Mrs. H. E. Morgan. SUCGESSFUL IN CURING RIGKETS {Has Double Polency of Cod Liver Oil for Vitamin D, Tests Reveal That oil obtained from sockeyes or chinook salmon has a high value for treatment of rickets in infants and young children has been demonstrated by Dr. Martha United States Depariment of Labor, it was re~ vealed here today by Henry O'- Malley, United States Commission- er of Fisherles. Dr. Elliott, work- ing with Dr. Lafayette B. Mendel in tests at the Yale Medical School and the New Haven Hospital and Dispensary, achieved highly satis- factory results. Toaese tests were made follow- ing laboratory experiments by Dr. Tolle and Dr. Nelson of the Bu- reau of Fisheries which were start- ed some two years ago. They discovered that the oil from the Chinook or sockeye salmon was a source of vitamins A and D, long known for their value in treating rickets. Described Recent Tests In a letter to the Bureau of | Fisherles, Dr. Elliott described the| reason for making the tests and' their result as follows: “After the publication of the paper on ‘Salmon Oil as a Source {of Vitamins A and D’ by Dr. Tolle (Continued on Page Eight) Director of the Child! THREE SECTIONS, PAGIFIG COAST, ARE IN FLAMES Hazards IEasing Daily —High Temperatures, Hot Winds Prevail MUCH DAMAGE IS DONE, OREGON STATE Women Are on Firing Line with Husbands in Idaho District PORTLAND, Oregon, Aug. 8.— Hazards are increasing daliy as high temperatures, hot winds and low humidity conspired in the dry forests. ;‘ News that fires blazed in the |Oregon woods at the Cochran- | Washburn Lumber Company site | was received here when it was an- |nounced the mill had been destroy- led with a loss estimated at $20,- :000 | A barn full of hay nearby the mill was burned to the ground. | Flames came within 500 feet of | the buildings of the tiny commun= ity at Glenwood but backfiring op- ‘erat!ons saved the locality. | On 8-Mile Front | Three donkey engines owned by | the McNary Logging Company were |destroyed in & fire near the head Iot Gaines Creek and the fire has 'assumed serious proportions speed- !ing on an eight-mile front and covering 1,500 acres of slashings. i Two hundred men are on the ‘flre line near Veronica. | A blaze broke out at St. Helens ,and got beyond control, after 300 men temporarily halted progress. | Gifford Whisnant, aged 16, was killed near Lebanon when a large tree being felled by the fire fight- WOMEN FIGHT BLAZE KOOSKIA, Idaho, Aug. 8—Wom- en have moved to the front lines to bame by the side of their volun= armer husbands to check a (Zzu-acre forest fire which threat- 'ened their homes in the vast stand of merchantable timber near hers, The blazes were held in check to ‘a 25-acre spread during the night by lack of wind and this aided the | trenchers. | Without wind, the hope is ex- pressed the fire will be kept from the Middle Fork drainage basin where valuable timber, farm build- ings and 15 settlers are located. The National Forest Service has sent. some equipment to augment the- picks and shovels of volunteers, | ‘The fire started four days ago and foresters said it appeared to have been man-set. FIRE IN CALIFORNIA FRESNO, Cal, Aug. 8—Fanned by a high wind, a fire is raging |at the foot of Pine Ridge on the Fresno-Sierra Lakes Highway, 40 miles east of here. | The fire threatens to sweep the forest of yellow pine. | During one day the fire has burned 1,500 acres of brush land. One hundred men are fighting the flames and additional men have been recruited. — REAL PINCH HITTER ‘ DETROIT, Mich., Aug. 8.—Billy Rhiel, bench warmer with the De= troit Tigers, is a pinch hitter who really hits in the pinches. In efav= en times at bat as a pinch hit- ter, he connected with a safe hit nine times. ' In State of California; Registration Is Heavy SAN FRANCISCO, Cal, —Democratic registration for Aug. 8. the California Primary on August 80| is comsiderably more than double the party mustered two years ago. Tabulation from all but six of the State’s 58 counties revealed, but the Republicans still hold the [ registered majority of nearly half a million votes. The figures give the Democrats tian for Juneau. She will visit here'1829 percent increase registration inite'y in the Republican colun May, the Preslden:mll&s leading the Democrats by ,over last pnfexel.ml primary, compared to|4 to 1 4.3 percent for the Republican ine crease, The Republican regm.rntm is |1449,618. The Democratic regis= tration is 997962, Every county shows an lnc'ru- in Democratic registration since ! 1930 but only eight showed small Republican increases. Forty-four countiss showed a decrease in Re= | publican - registration. Hoover" home township at Palo Alto, d