The Daily Alaska empire Newspaper, January 1, 1936, Page 3

As Clay Tallani, quick- irigger peacemaker, ke strides the roaring West in a blazing romance writie: in blood and grii and gun xportrays: . his most. heroic role! P L Starts TONIGHT THEATRE Bk Recbvery’s Strides During Past Year Give Business Big Hopes for Banner Y(’ar 1 () 36 By CLAUDE A. JAGGER (Associnted Press Financiai Editor) NEW YORK, Jan. 1.—Uncle Sam struggled into the seven league boots of revived business initiative in 1935, to hasten the march to better times. With businessmen once more rea- dy to build factories ani mtrod/ new products, a new year dawns with higher hopes of restoration of broad economic well-being than has accompanied the start of a new fis- cal period in a long time. Unemployment figures still loom large, but business analysts have noted distinct signs during the past few months or a transition to a new and broader phase of recovery which may mean big gains in jobs. New Investment Funds These signs include some of the largest orders for machine tools since 1929; electric power produc- tion even exceeding the boomtime records, while sales of such recent creations of mass-production indus- try as electric refrigerators, air con- ditioning equipment and automatic home heating machinery, set new highs; a pronounced pickup in resi- dential construction, and the break- ing of the ice-jam in the flow of new capital. These indicators point to a reviv- al in the lagging capital goods in- dustries—those lines activated by the historic urge of Americans to build, tear down and rebuild better, to add ever new products to the na- tional grist of material goods. Recovery thus far, including that of the past year, has been concen- trated in consumers goods. Sweep- ing gains were recorded in 1935 in production and sales of those things put to immediate use by the public. The largest number of automobiles was manufactured since 1929, and even 1929 records were broken by gasoline, cigaret and wool consump- tion. Rebuilding Wave Less significance is seen in the jump of production in consumers’ goods, than in the jndications that'a new wave of rebuilding and modern- jzation may be starting. This may begin to cut info the totals of unem- ploved. The flurry in consumers goods has made limited progress in restoring employment during the past two years. For October, the na- tional industrial conference board estimated unemployed at 9,196,000, only 712,000 under a year previously, and 728,000 under two years previ- ously. The problem of how much lack of work may be due to increasing use of labor-saving machinery remains the subject of keen controversy, but experts wWidely acknowledge that building and modernization, togeth- er withi production, distribution and servicing of new products, will make many jobs. Industrial activity, as measured by The Associated Press seasonally MARGOT GRAHAME Witk RESTON FOSTER OUIS CALHERN Directed by CHARLES VIDOR. Ciiff Reid, —Added— Pleased to Meet You Barney Rapp's Orchestra Good Luck, Best Wishes NEWS adjusted weekly index, and similar ' statistical indicators, has recently | topped the level of the summer high | tide of manufacturing in 1933, to register new peaks for the recovery. This index in November averaged at 83 per cent of the 1929-30 average, | compared with 627 a year earlier. Residential building was still at only 41.4 percent of 1929-30, as mea: ured by The Associated Press index, but this was more than double the’ 18.6 per cent level of November, 1934. | The movement of freight, one of the | basic indicators of the volume of | vhe nation’s business, was 67.6, based on 1929-30 as 100, compared with 61.2 | [or that month of the previous year. Auto Manufacture Gains One of the most striking gains in recent months has been in automo- bile production, and this involves an ncalculable factor. New models went into production two months earlier | than usual this year. As a result, | November output was substantially | more than double a year previously. ‘ A contraseasonal lift was given to iggregate industrial activity. The ed in November to 71.3 per cent of the 1929-30 average, compared with 35.6 in that month of 1934. Despite the relatively depressed state of several lines of heavy or capital goods industry, 1935 brought many indications of growing breadth to the recovery movement. Purchas- ing power was more widely diffused. There was no such disruption of the forward march as that caused by the severe drought in. 1934. — DOUGLAS NEWS EAGLES’ JAMBOREE The Eagles' Jamboree ushered in the New Year in festive fashion here last night with a big crowd on hand to join in the merriment. A general atmosphere of jollity prevailed throughout the evening in Douglas but there was no dis-| order or untoward disturbance about | the city. — - MRS. CAHILL ENTERTAINS Mrs. W. E. Cahill entertained last night for ‘a New Year's party. Bridge was enjoyed, prizes being awarded to Mrs. Guy Smith and E. E. Epgstrom. The event also honored the birthday o! Mrs. A. H. Campbell. R Copra, timber, trepang and tor- toise-shell constitute the trade of the Kei Islands, a group of the seasonally adjusted index of steel| production, for instance, was boost- | 1 will be the clash between Stanferd and and a great grigiron contest is The annual Pasadena Rose classic on January Scuthern Methedist. Both elevens are said to be evenly matched ABROGATION OF clauses in contracts calling lor pay- ment in gold was filed in the,Su- preme Court late yesterday Unearth Red Arms The appeal was presented by a ~ NANKING Buried treasure Colombia concern, Compania De in | means money in the bank for the Versione Internationale, which con- |country folk of interior China Authorities of the once Commun- istic-ridden Province of Kiangse ended the law did not apply to in- ternational transactions between UNDER ATTACK : non-residents of the United States. |pay cash rewards for arms, am- > | munition and suppli cached by — .3 ired armies in their five-year strug- Taken for Ride ele against the government, Supreme Court Asked to _ S S AMARILLO, Tex.—When 23 of . Rule on Constitutionality of Act of Congress The kapok tree is cultivated for pupils of the school at Con- its fiber chiefly in Java and less d they had never been on a train, Mrs. John J. Shires, prin- |extensively in the Philippines, Fed- WASHINGTON, Jan. 1.—A fresh cipal, and Miss Grace Weigman, y States and Ceylon, attack on the constitutionality of teacher, arranged for a trip to » e BT that act of Congress abrogating | Amarillo. SHOP IN JUNEAU! HAPPY NEW YEAR! Start it right. Get in on the real fun that marks the beginning of 1936 at the Capital Cafe. The best entertainment in the city .. . food prepared by expert chefs . . . a bar that's supervised by an old-time bartender, all combine to make the Capital Cafe the place you'll enjoy on New Year's Day and every day' CEWM’I‘E NOW wml RUTH and BOB “Juneau’s De Luxe Entertainers” FUN FAVORS GOOD FOOD GOOD DRINKS GOOD MUSIC CHARLIE MILLER, Manager ¥ ? * Moluccas, Dutch East Indies. | grand opera in one come too elegant for this cattle queen! She's got swank, and things! From the stable to jump! They can't P Walt until you hear Mae sing grand “operal 1t%sa treat you’ll ‘never forget! RETAIL TRADE RIDES, CREST OF RECOVERY as “Greatest Foe” ,Induslnal Wheels Hum| | with Sharp Rhythm— | Payrolls Fatter | (Continuea 1rom Page One) There was in industry a mid-year let down which was reflected in the | | the Independence Day holiday in- dustrial wheels began to hum wmw a sharper rhythm, and merchants profited from fatter payrolls. | Partial Autumn Slump | Fall was a trying time for many. | | Wet weather, dust storms, floods (and other hindrances cut into re- | tail trade substantially, but even so there was no nation-wide depres- | |slon. Some cities experienced large sales while others dropped well be- | low the corresponding period of the previous year. | | Thanksgiving week disclosed a | | sagging tendency in the east but | buoyancy in the mid - west, south |and west coast sections. | But a sharp rebound followed, and | Christmas holiday shopping estab- lished six-year records in some cities while others passed the pre-| vious year with ease. | Quality Goods Bought | Merchants reported their cus-[ tomers were buying more than in| 1934, and demand was in evidence for better quality articles along| with higher priced goods such as home furnishings and the more ex-| | pensive wearing apparel. | On the average, authorities pre- | dicted a final check of 1935 should | |show a 5 to 15 per cent increase| over 1934 for the country as a whole | in retail trade. | {Dull Headaches Gone, | Simple Remedy Does It Headaches caused by constipation are gone after one dose of Adlerika. | This cleans poisons out of BOTH upper and lower bowels. Ends bad sleep, nervousness. Butler Mauro| Drug Co., in Douglas by Guy’s Drug Store. —adv. e SHOP IN JUNEAU! ) ALSO—Then Came the Dawn . ..Band Age . ..Candy Land ... News by Daily Alaska Empire SMU. Ilndarstudy Picks Bob Wilson DALLAS, Texas—J. R. (Jack- rabbit) Smith, elusive understudy | to Bobby Wilson, Southern Metho- dist's All-America halfback, start- |led the Methodist squad by naming | Wilson on his “all-opponents” team. Smith listea three opposition backs then carefully wrote in Wil- |son’s name at left halfback. His explanation: “For three years now I have been |trying to break in as a regular in | the Southern Methodist backfield, ‘but unfortunately for me, Bobby plnys my position. He is the worst opposition I have,” grinned Smith. “Anyway, he’s twice as good as |any back I've played against. He | can make all my teams Dragon’s Blood Cure SINGAPORE — Dragon’s blood, |ground buffalo horns and other “infallible” remedies for the ills of mankind were pressed by native salesmen upon delegates from the British Medical Association on their arrival here. i i A A The pidgin-English word “joss,” applied to idols and deities, is pos- sibly a corruption of the Portuguese “deos,” or god. HO HUM! HERE AGAIN Starting off a New Year. Well, little 1936, we're for you, and fiope you'll bring good luck and happiness to all our friends. ® H. S. GRAVES “The Clothing Man"