The Daily Alaska empire Newspaper, January 3, 1940, Page 2

: { i i Z CITY RALLIES TO RELIEF OF FINLAND: LOCALFUND SWELLST0 $369.45TOTAL .00 1's fund for Finnish lr'lu'” A .00 had grown by this afternoon to a| F. J. For total of $369.45, swelled by privat A Thos. Miettir 5.00 \ ary contributions and J Sofouli 10.00 1 taken Sunday a T d Mrs. Geo. Salo 20.00 George Alfor 20.00 Empir it Emil Heitale 10.00 ion he ¥ Carlson Boarding Hou Inc, are racio 1 Boarder 5.00 ) mm ) id Davi 20.00 ¥ C nd Mrs. H. G ma W < M H.D. C k (Skegway) 1.00 D Ben A. Bellamy 10.00 is L ) A ) 5.00 Y { ra- 5.00 F Herbert Hoover 10.00 1 1 committes 5.00 r ity are 5 d. Typ Larsson 5.00 10.00 liam J 1ton Lar Puustinen nymou opposing list of contributors, up| Ar 3 o'clock this rnoon, is a Bishop J. R. C Holbr and Mr nity Cathedral Char Naghel 5.00 Joe Stocker 10.00 mou: 100 | ik R. Holmes 10000 | Total 69.45 v n industry to the STOCK OPEN, | %22:ss [ ] psets Profits Tcy led by the U. 8. tr ed widely as the Lo [ vered most of t loss. | Lower-rated corporate isst im- | proved with expansion of business | earnings Ordinary financial calculations went out the window when the guns began to roar again in Europe and major sectors of the conomy knuckled down e controls. SAME LEVEL | Business Dull as Wall Street Rides Out ible in the initial con- hints of far-reaching Storm of War ijustment to war condi- plof i tions and further concentration of (Continued from Page One) in the United States, f the westward trek of ed in attempts to appraise the money to the safety of the United . momentous economic changes of | St was the nation’s $17.500,000- 193 000 gold hoard, greatly augmented After the tremendous swings in|in 1939 by the pell-mell flight of ty prices from 1929 into 1938, capital from war-scarred Europe. and bonds set a relatively No Shutdown This Time ow course, The share market,| To financial observers it was a cularly, in the final months year of contrasts. all contrast t of was the in of 1939, seemed benumbed by the struggle for power in Europe the way the Wall Street machinery A brief war boom on the Stock withstood the impact of this war Exchange in the frirst ten days of in comparison with the Stock Ex- September was followed by a repe- change suspension for five months tition of the unea: ricted fluc- at the outset of the 1914-18 con- tuations - characteristic of the pre- flict. °d bugaboo of The much-disc months, war despite the autumn [MODES of the MOMENT. by Adelaide Kerr California’s play elothes mart supplied this suit for southern surfs. It’s designed of tweed-patierned rayon, elasticized to mould the figuer, and finished with a ruffle that gives a line reminiscent of the bal- Jerina’s skirt. Keep it in mind so if you go south to California for # visit, you can néve_. suit like this and be in style, THE DAILY ALASKA EMPIRE, WEDNESDAY, JAN. 3, 1940. Patsy Mace scclaimed. as. the loveliest model 2 Hollywood, Patsy, Mace will eign at the .Los. Angeles-spring ashion opening-in January. Miss Mace won the-honor from a big feld. European liguidation to obtain cash for war supplies seemed at worst act only as & retarding force in recent. menths. Wall Street dealings languish- ed while industry at: Pittsburgh, Birmingham apd other centers threbbed with activity under the spur of war, huying. com- bined with the usual seasonal upturn after Labor Day and the “natural recovery” from the depression, There were brisk trading spurts during the early September upsurge, on a short-lived mid-year upswing and during tremors of selling in Skagway | [Bldoming | SKAGWAY, Alaska, Jan. 3. — Prank Suffecool, 76, pioneer busi- ness man and owner of the Alaska Transfer Company here, passed! away last evening after a short illness. Suffecool was a member ‘of the Masonic order and the Elks, His widow survives him. -, CHICAGO MEN | INCORPORATE | MINING FIRM Houston Mines, Incorporated, a $25,000 mining concern with head- quarters at Nome, has filed papers of incorporation with the Territor- ial Auditor. Incorporators are Thomas J. Houston and Andrew | Sandegren, both of Chicago, and | Lea Stevens of Seattle. These three, | plus David Livingstone of Nome and | Carl Dreutzer of Chicago, made up the first' Board of Directors. e Piissy Willows Pioneer | Near Glatier Still they tell us “bloomin’” stories about Juneau's.winter. Today, Mrs. F. H. Stine left a sjrig of pussywillow (harbinger of spring) with The Empire staff. A mature specimen, it was picked near Mendenhall Glacier, where oertainly winter ought to be if there were any such thing. | This ‘is the umpteenth' tale of flowers blossoming and trout leap- ing in this December and January of Juneaws freak winter. Pussywillows are also plentiful along the Basin Road. | Again we ask, any more? Mrs. Harrison Williams Widely known as the “world’s best-dressed woman,” Mrs. Harri- son Williams of New York wears shorts at Palm Beach, Fla., where she is vacationing. CHRYSLER DELIVERED IN SOUTH T0 WILDES Purchased through the McCaul Motor Company, in Juneau, Keith G. Wildes purchased a new Chrysler which was delivered in Seattle. Wildes, accompanied by Mrs. FORESTER: LEAVES o" nwl“ m Wildes, are motoring through the States at the presenf time. On a routine administrative trip - - to Hoonah, Angoon, Sitka, Chicha- ) S 2 2 > 3 LEO ILG DIES gof, Pelican City and other points| 1., 115 37, a miner, engaged for in the Admiralty Division, the Ves- ypo pagt two years on Coal Creek, sel Porester left Juneau today With j, the Circle district, died suddenly Assistant District Ranger John Brill- ;1 poipanks several days ago. hart and Regional Engineer A, E. e #E ' Juneau Bound 1 ham, nee | laneous shower was given last eve- | ning at the Olaf Bodding residence | Matt | Mrs. cutter guests as well as President Charles John E. Youel. acute spring and summer periods Glover. Wendell Cordle, Office of BAND GIVES C y 3 S CONCERT of “tension” abroad preceding the Indian Affairs teacher, is a pas-| ;. Anchorage City Band, 33 German march into Poland. senger for Hoonah. Inethers. Thder. Director Beribio. Littlo, Rusiness, In, Stocks gave free concerts during the holi- But 1639 stock transactions, ap- day season at Anchorage. proximating 260,000,000 shares, were Wit oo i the smallest since 1923. Bonhd turn- sToc‘ QUOTATIONS PLANE ICED DOWN |over, increased by record-breaking o 3 2 trading in (#vernment issues on the! September break, expanded about‘ | $200,000,000 over the 1938 figure to |around $2,000,000,000. NEW YORK, Jan. 3. — Closing quotation of Alaska Juneau mine 'stock today is 6%, Ameican Can ‘ Stock Exchange listed share val- 114%, American Power and Light and ‘Mrs. Murial Ferguson, re-clect-1 — Belief among airmen is that the wreck of the plane in which Hans |Mirow and Pete Bystedt were kill- |ed near Kaltag recently was caused Iby being iced down. Little if any- {thing can be salvaged from the | plane, | 3 - | MARRIED AT ANCHORAGE Joseph S. Wood, building con- tractor, and Miss Sarah Gillott, of | Vancouver, Wash, were married | during the holidays at Anchorage. PIONEER ON LAST TRAIL William Flannery, 72, resident of |the north for 41 years, making his home in Nenana, died recently at Fairbanks. November. KA has approximately 1,400 miles of state highway sur- faced with concrete or brick, 4,122 miles surfaced with bituminous products and 3,063 miles of gravel or crushed stone surfacing. B NEARLY every national park in the United States showed an increase in the number of hikers on forest trails. The overnight pack- horse type of hiking gained es- pecially in adherents. Gets 100 Years He had been ill since § ues dropped from $47,490,000,000 on 2%, Anaconda 30%, Bethlehem Steel Jan. 1 to $40,673,000,000 on May 1, 82, Commonwealth and Southern | partly yielding 1938 gains. Markets 1%, Curtiss Wright 10%, General !in March and April trembled at the Motors 55}, Kennecott 38%, New |crisis resulting from the German York Central 18%, Northern Pacific sweep to Prague. The Septmeber 9%, United States Steel 67%, Pound boom lifted share values to $47,- $3.94%. | 440,000,000 on Oct. 1 from $41,652,- 000,000 at the start of September. DOW,. JONES AVERAGES .. The following are today's Dow, As traders aped the ‘“standstill”'Jones .averages: Industrials 152.80, ‘wur on the Western front, stocks in rails 32.66, utilities 26.45. October and November relinquished | |part of the September gans, But! |industrial indices climbed rapidly. ' hAse Thus the year was pretty much gf Mrs- Bo's{ord to {a stand-off in stocks, with year-! s eF i ok |end prices not far from closing 1938 levels except in individual Efufi. 1 Head Tl'lnltY Jrs' j Government Keeps on Spending : Other contrasts in the vafiegazed' Mrs. L. S. Botsford was elected | financial picture were ‘Presxdem of the Trinity Junior | Cerporate financing remained Guild at a meeting held last night | small while U. S. Government, spend- at the residence of Mrs. John Do- |ing continued at record peace-time lenc. | figures and Washington emphasis| Other officérs elected were Mrs. | shifted from relief outlay to defense |Katherine Gregory, Vice-President; |and long-range ‘“investment” and Mrs. Henrietta Elliotf, Secretary, | leanding. | ] Allied war purchases, aside from|ed Treasurer. {airplanes, were small as warring| Plans weer made at the session powers sought ta conserve dollar|for a public card party to be held exchange; the war caused record-{January 10 at Trinity Hall Mrs, breaking domestic buying waves fn|Helen Cass will be in charge of ar- | metals and textiles. .| rangeiments for the event. 3 ’I‘h:‘ough the pre-war months, the read of another world conflict a2 ©BAMAS e hi(,” | heavy over the markets. éol;:“n‘g‘ THREE Rmnm Sweden, and Switzerland ~ joined : : England in shifting gold reservés m SW ‘nm | to this country, g o s sk HOLIDAYS 1K dub idle n’tdlt—lopn:d $5.500,- I (m 000 in October, making a foun- " dation for many billions of di Jennpelte and Tom Stewart, lars in bank loans and invest- |daughter and son of Mr. and Mrs. | ments, i B. D. Stewart, sailed on the Princess A temporary influence in the cred= |Norah yéterday morning with their it situation was Federal Resérvé|Hollandét house guest Bob Von (burchase of nearly $400,000,000 in |Rattshoven after spending the holi- | gevernment securities to cushion the [days hére. 8 | war break in bonds. A nearly equi- | - All three are returning to their valent sum was resold from the Fed~ |studies at the University of Wash- jeral Reserve portfolio on the mar- jington. 3 ket's rebound. 3 oA N " The enormous credit s fa- mm cilitated continued largeAszaT;m‘:« o' tmmfi ury borrowing to finance Federal 'onw mt" “deficit” spending, running at. g . rate of $250,000, - 5 $250,000,000 or more mon! ol mm (om Gov. and Mrs, Ernest Gruening plan. to leave Juneau tomarrow night TO SHIP ANTIMONY Several hundred tons of antimony John T. Dirring Pleading guilty to seven holdups, John T. Dirring, Boston youth, was from the mine on Stampede 08, tha Nofth Coksl, The Govexs mmm - iy une-h 5 the: Kentishon SoEt e | ¥ill Attend a. joint meeling of the s mm“mu“;' b hauled over the winter trail by 8. and Cagadian Internaiional tn,mm mw jcip wfi tor to Lignite on the Alasks Rail-|Highway Commissions, at Otawa his oo i S:mh‘o road for shipment to a smelter in|8nd later will attend budget hear- m‘m turel«l‘l‘ln Orhndo.tfllow lm States. ings in Washington. " Lo Taku Is Now Steamer Taku sailed from Seat- tle at 10 o'clock last night for Southeast Alaska ports, according to a radiogram received by Agent D. B. Femmer. The Taku is sched- uled to arrive in Juneau Saturday morning, | Shower Last Night Honors Mrs. Grahamj Complimentary to Mrs. Don Gra- | Evelyn Bailey, a miscel- on B Street by Miss Thelma Bod- ding and Mrs. Carl Danielson. Guests spent the evening sewing | |and the honcree was the recipient {of many lovely gifts. Invited to be present were Mrs. Warden, Mrs. Earl Wllsr)n.1 Milton Daniel, Mrs. Robert Henning, Mrs. Milton Lagergren, | Mrs. Olaf Bodding, Mrs. J. Hart, Miss Merle Biggins, Miss Rosa Danner and Miss Sybil Godirey. (HAMBER (OMMRGE SESSION TOMORROW | At the regular meeting of the! Juneau Chamber of Commerce to- morrow, the first one of the present | year, officers of the Coast Guard | Haida will be the invited E. Bunnell, of the University of Alaska. The latter will attend pro- vided he does not return to his home at Fairbanks. ————— FAIRBANKS MARRIAGE Dorothy Catherine Dalton and | Ray C. Johnson, thawing foreman at Chatanika for the United States Smelting Company, were recently married at Fairbanks by the Rev. gt U. 8. DEPARTMENT OF AGRICULTURE, WEATHER BUREAUV THE WEATHER (By the U. 8. Weather Bureau) Forecast for Juneau and vicinity, beginning at 3:30 p.m., Jan. I Occasional light rain tonight and Thursday; moderate southeasterly winds. Minimum temperature tonight about 32 degrees. Forecast for Southeast Alaska: Light rain tonight and Thurs- day, except light snow in the extreme northeastern portion; moderate to fresh southeasterly wind, except southerly over Lynn Canal. Forecast of winas along the coast of the Gulf of Alaska: From Dixon Entrance to Sitka winds will be moderate to fresh southeriy, increasing and becoming southeasterly Thursday night; from Sitka to Cape Hinchinbrook, fresh easterly; and from Cape Hinchinbrook to Kodiak, fresh northerly. LOCAL DATAH f'ime Barometer Temo Humidity wina Velocity Weather 3:30 p.m. yest'y 29.45 45 41 ESE 17 Cloudy 3:30 a.m. today 29.84 43 8 SE 12 Cloudy Noon today 30.00 41 80 SE 3 Cloudy RADIO REPORTS TODAY Max. tempt. Lowest 3:30a.m. Precip. 3:3Cam. Station last 24 hours temp. temp. 24 hours Weather Atka 28 24 26 .03 Snow Anchorage 24 15 24 0 Cloudy Barrow 6 2 6 0 Blizzard Nome 12 | 5 8 0 Clear Bethel 12 | -6 12 0 Cloudy Fairbanks 1 -6 -1 0 Clear St. Paul 32 7 8 .01 Cloudy Dutch Harbor .. 22 19 19 14 Snow Kodiak . 40 28 40 56 Cloudy Cordova 39 | 30 38 26 Cloudy Juneau 17 | 39 43 A3 Cloudy Sitka 53 36 20 Ketchikan 52 43 4 q3 Cloudy Seattle 54 41 43 23 Clear Portland 54 | 40 40 12 Foggy San Francisco .. 62 53 54 28 Cloudy | WEATHER SYNOPSIS Low barometric: pressure continued this morning over the north- eastern portion of the North Pacific Ocean with lowest reported pressure 29.06 inches a short distance south of oKdiak. This gen- eral pressure distribution has been attended by precipitation along the coastal regions from the Aleutians southeastward to California and by generally fair weather over Interior and Western Alaska Warmer weather prevailed over the southern portion of the Alaska Railroad Belt. Elsewhere over the field of observation, 24-hour changes have been small, Juneau, Jan. 4—Sunrise, 8:47 a.m.; sunset, 3:23 p.m. !Corps of Engineers, United States | Army, stationed at Fairbanks, will lleave the Interior January 13 for a brief visit to the corps district | office in Seattle. sent, Capt. A, G. Trudeau, Corps HALF the world's production of of Engineers, rubber is consumed in the U. S. north on detail. THE DAILY ALASKA EMPIRE “Juniedu's Guide fo Better Buying” READ YOUR EMPIRE EVERY DAY! from “Cover to Cover” The Daily Alaska Empire “JUNEAU'S GUIDE TO BETTER SHOPPING" LT. WELLING COMING WANNS TO TOUR STATES Alvin C. Welling, | | 1 First Lieut. E. F. Wann, 1in charge of the drilling operations of the U. S Smelters in the Fairbanks area, is aboard the Mount McKinley, going south accompanied by Mrs, Wann. After a visit in Port Orford, Ore- gon, they will go to Annapolis to visit their son “Bobbie” mid-ship- man in the Naval Academy. ‘While he is ab- will Seattle, come THEN Send It to Your Friends!