The Daily Alaska empire Newspaper, August 14, 1936, Page 7

BARNEY GOOGLE AND SPARK PLUG I SEED YE-- BODACIOUSLY A-TALK(N' TER THET NO-COUNT SHIF'LESS SKONK,WEASELPUSS SMIF ! T ORTER THRASH YE "THIN A (NCH O YORE LIFE- THE DAILY ALASKA EMPIRE, FRIDAY owWow, PAPPY-- YORE SQUINCHIN' M ARM -- HONES!', PA-AP) T WOULON'T CROSS YER NOTIONS 5l No wav YE IGES TAKE DECLINE @8 . INLAST HOUR § Market Closes with Losses of Fractions to More than 2 Points NEW YORK, Aug. li The stock market took a dive late in the session today and closed with losses of fractions to' more than two points. i Prices crumbled suddenly toward the start of the last hour and for a_while offerings were accelerated and the ticker was thrown away behind the transactions. Today’s close was heavy. Transfers were 1,100,000 shares. CLOSING PRICES TODAY NEW YORK, Aug. 14.—Closing quotation of Alaska Juneau mine stock today is 14'%, American Can 118%, American Power and Light 12%, Anaconda 39'¢ Bethlehem Steel 60, Calumet and Hecla 11%, Columbia Gas and Electric 21'%, Commonwealth and Southern 3 Curtiss-Wright 6%, International Harvester 80, Kennecott 47%, S. S, Kresge 27%, Simmons 37%, United States Steel 66'2, United Corpora- tion 8, Cities Service 4%, Bremner .09 at 13, Pound $5.02% Wabss AVERAGES The following are today’s Dow, Jones averages: Industrials 165.75, down 1.89 points; rails 54.23, down 87; utilities 34.75, down .43 - *. e ‘I: AT THE |IOTELS » ! - Gastineau Mrs. A. S. Thompson, Hoonah; Master Stanley Thompson, Hoonail. Knitted clothes, in a wide variety of design, go to town as well as country this fall. AUGUST 14, 1936. LLIE DE BECK The sports coat at left is hand knitted in FHA Pl Aids | Ma@fauturers llnduslry Uses Moderniza- | tion Credit Scheme i Successfully The extent to which the manu- | facturing industry has availed it-| | |CORN FLAKES CRISP! | self of the Class A provisions of the | Modernization Credit Plan of the | Federal Housing ~ Administration, loans of more than from $2,000 and ‘\xp to $50,000 is of interest at this time, as a year has passed since | this part of the amended National | Housing Act began to function. At the outset, it is well to remind industry once more that the Hous- ing Administration .itself lends no ‘mnm;\‘ All the loans made under | the modernization Credit plan are nded by banks, building and loan associations, and other private financial institutions. The Housing | Administration insures these insti- | tutions against loss up to 10 per cent of their total modernization loans. On May 28, 1935, the amendment passed which raised the limit for an insurable loar: on certain classes of huildings such as a ment or multiple family house hotels, office or other commercial buildings, orphanages, schools, col- leges, or manufacturing and in- dustrial plants. The proceeds of the loans to these classes can be used for the purchase and installation of eligible equipment and machin- ery, as well as for repairs, altera- tions and improvements to the structures By July 1, 1935, the rules and regulations governing this portion of the Act were put into operation the Federal Housing Adminis- tration and loans were made im- mediately thereafter. Since that time -and--up 4o June' 1; 1936, the ing' Administration reportsthe issuance of $30,804,377 of loans un- der the $50,000 provision of the Mod- ernization Credit Plan. . Of . this amount, 51.7 percent was used for structural alterations and repairs, and 483 percent for the purchase and installation of machinery and equipment Industrial modernization has ex- ceeded all other major types of improvements accounting for 32.3 cent of the total amount of loans of this type. The amount of $9.96. 9 is divided into struc- tural alterations and repairs—9.8 per cent of the total insured, and purchase and installation of ma- chinery and equipment 22,5 per cent |of total loans insured - .- | DR. COUNCIL TREATS TOURIST FOR BURNS Dr. Council, Territorial Commis- ioner of Hedlth, was on the |wharf when the Prince George |docked last evening in response to |a radio. On board the steamer he treated a woman tourist, who, sev- |eeral days before, had come in con- {tact with an over-heated water bot- {tle burning her limbs slightly. Af- per Astor-Thorpe Custody Case Is Ended Now Child Given to Mother for Nine Months, Father for Three LOS ANGELES, Cal, Aug. 14 Judge Knight today formally de- clared the Mary Astor-Dr. Franklyn Thorpe custody case closed Miss Astor gets her four-year-old lav ter for ne months of the year and Dr. Thorpe may have her custody for three months ter able sightseeing Dr, Council were not will be few d treatment to leave the woman was her bed and take a trip through Juneau. ports that the burns s, and the woman recovered ely in a Empire classifieds pay. BOY! ARE THOSE ‘| YLLTAKE SOME MORE, MOTHER EVERY youngster loves Kellogg’s Corn Flakes. They're 80 crunchy-crisp — so flavor-perfect. Serve them for breakfast, lu cream. Delic h or supper, with plenty of milk or ous! And rich in energy. Easy to digest. Insist on Kellogg’s—always oven-fresh and flavor- perfect. Made by Kellogg in Battle Creek. Nothing takes the place of W CORN FLAKES Alaskan Jack Barfoot, City. Zynda Mr. and Mrs. Ernest Thompson. s L e Ry herringbone-ribbed cffect of cashmere wool yarn in a soft light caramel brown shade. It is fastened with big brewn buttons and worn with accesscries of the same color. The two-piece knitted frock in t he center of soft green yarn has a slender gored skirt and a simple tep laced with a knitted cord over an ecru-colored knitted vestee. A n accompanying fedora of beige wool shadow-checked in green, and beige suede gleves make it ready for wear on many casual o ions. Suit and swagger cape are combined in the lhrt‘(‘»l.)ierc (.‘ustumc at right, knitted of a sturdy grey tweed yarn. The collarless cape is equippcd with armholes and the high-necked jacket is finished with bl.odc and placer location notices for sale at The Empire office. foome: black buttcns. ey B Travel Clothes Are Trimly Tailored For the September traveler who is off on vacation or going back to scheel, an American designer creates this shirtwaist blouse of fir green spun rayon to wear with a ruit of brown and russet striped wool. Russet hued maple leaves of a novelty composition form the buttons and the same russet fones are reflected in the deep calf bag, gloves «nd felt hat, " ODE e MOMENT A grey felt hat completes the outfit. Trade Charts Win Favor as Election Index (Continued frou: Page Onc) That was not entirely true of the Democrats in 1934, although it is a matter of record that some bisi- ness groups which were friendly or lukewarm toward the New Deal | two years ago, are openly against it now. ) Secondly there is the Republican | counter - argument that recovery really began in the summer of 1932, and that Mr. Roosevelt’s election and his subsequent policies have retarded, rather than helped, a na- tural return toward normal. THEY'LL STILL ARGUE Finally, the genuineness of the present upward trend is denied by some adminjstration critics, who suggest than continued unemploy- ment, an unbalanced budget and high taxes cannot reconciled with any theory of a true recov- ery. Along all of these lines the ap- plicability of the standing rule about prosperity is questioned among those who argue that re- cent economic developments can be greaily. discounted politically. be It would be instructive if some statistical genius could determine, after the votes are counted in No- | vember, which of these conflicting suppositions was correct, and how large a part the changed business situation actually played in the result, That, however, is scarcely to be expected. Instead, the dopesters will be left to draw their own fi- guring and their ar through all the future years e — MRS.: iiiZHAN LEAVES Mabel Linehan left this morning on the Princess Louise enroute to Edmonton, Alberta, where she is THRIFTY Foobp NEWS “A Newspaper Within a Newspaper” THE FRIENDLY STORE AUGUST 14, 1936. THE FRIENDLY STORE SUMMER SPECIALS WOMAN'S MERCY Somebody has discovered that women are the greatest believ- Bcb—“My wife kisses me every time I come into the house!” Laura—*“Affection?” Juneau Cash Groc T “WHERE PRICES FIT YOUR POCKETBQQK . PHONE 58 PEANUT BUTTER Guaranteed Fresh Stock... RITZ BUTTER FLAKES—Pkg. 29c Giépgfruif@Juicé 2tins.. 4QC Valamont Preserves Pure Fruit and Sugar—Asso 2 ib.jar... . 3@C ARMOUR’S BACON Fancy Sliced—Cello Wrapped Pound .. . . BEC Free Delivery PHONE 58 .......1 pound jar 19¢...33¢ HONEY i 5 1b. gailssc Idaho Pure Hgney, GRAPEFRUIT Florida—Broken Sections 3No.2tills"49c APPLE SAUCE Made (in; the. Yaliina Valley 16 oz. tins . 2 5C —_—— WAX PAPER 325 % { ¢ Cut Rite £h ¥ 125 Egot Roll. 19c ers. .in_prisoners’ parole. They | never would let a man finish a | sentence. ‘ 0—0—0 [ Fresh Stock | 10c Ib. Meother ~ “Why is baby cry- ing?"! ’ ) —“He just dug a hole in the lawn and wanis me to bring it in.” i geOmo \ DRY Father—“Son, why are you and ‘ NES your cigler always guarreling?” i PRU Ben—"I don't know unless I| take zfter you and she takes after mother.” TR ed without added sugar SPECIAL Pound, 10¢ RYE-TAK Round Packages 11b., 20¢c THE FINE ITALIAN HAND A good. office weman should make an ideal wife. She can run things without letting the boss realize it. | | CANNED SPAGHETTI with Temato Sauce LARGE CANS 2 for 25¢ LIMA BEANS Large, Sweet—to be cook- investigation.” o—0—o Uncle John—“Now be careful with that money 1 gave you, | Tommy. Remember the saying ‘a fool and his money are soon parted.” Temmy—“Yes, Uncle, but I wanted tc thank you for parting with it just the same.” 0—0—o0 | He—“T shot it in India. Tt was |a case of me or the tiger.” | She—“Well, the tiger certainly makes the better rug.” 0—O0—0 | Professor in class—"What hap- | pens after gold is exposed to the air?” Student—“It’s stolen, sir.” COFFEE 3 POUND JARS SPECIAL 89c each | 1 RELIANCE | CALL GARNICK’S —PHONE 174