The Bakersfield Californian from Bakersfield, California on January 28, 1933 · Page 11
Get access to this page with a Free Trial

The Bakersfield Californian from Bakersfield, California · Page 11

Bakersfield, California
Issue Date:
Saturday, January 28, 1933
Page 11
Start Free Trial

THE BAKERSFIELD CALIFORN1AN, SATURDAY, JANUARY 28, 1933 11 LOST MINES OBJECTS OF HUNT • • , * * * * * •* * • * *'••*.* * Smithsonian Expedition Is Planned RUINED CITIES WILL BE SOUGHT (Associated Prtst Leased Wire) W ASHINGTON, Jan. 28. — .Lost mines and ruined cities of a prehistoric civilization that once thrived In remote jungles of Honduras will . be sought this winter'by a Smlthson- lon expedition. • The main object of the search will be Inscriptions, said to be carved on stone monuments of the cities. It readable they are expected to add a »-whole new chapter to the story scientists-are gradually reconstructing of the empires that existed In Central America 1000 years before Columbus, The ruins, known only from reports of Indians and chicle hunters, He 300 miles south of tho region In duate- . mala and Yucatan where other scientists for years have been exploring 1 ruined cities of tho Maya empire. The . Mayas developed the highest clvlllza- " tlon known In America. Tho Honduras ruins • may bo a southern offshoot of the Mnyan "old ernplre." "It flourished In what Is now Guatemala, but for some reason was abandoned and a Mayan "now empire" sot up by the Mayan emigrants who moved south from their ancestral country Instead of north. Tho Mayas, It Is believed, Imported turquoise and precious metals for making elaborate decorations from the region of the Honduras cities, known as tho "Chorotegan" area, This region may have traded with the Mayas. To reach the ruins the Smithsonian party will go by canoe up the almost unknown Patuca river through a jungle region virtually unmapped. Its members will bo Alan Paine, William D. Strong and Norman Haskcll, who will spend from four to six months In the country. BLODGET ANNOUNCES IS M. S. Harvtiot, who was apponted receiver for tho Kern Petroleum Corporation yesterday, today explained reason for the action. "Unit holders In the concern," he said, "mot and decided to request the appointment of a receiver. Tho step was taken In order to create a better arrangement for securing additional finances to develop the firm's lease. Future progress and development of tho company appears promising and there Is no reason why It should not prove to be one of the most active ol! enterprises of the Frultvale field." The firm has 26 acres of land on section 21, 29-27, at Frultvale and one producing well. Union Lacking 1900 Feeta^Drill Site • Union OH Company lacks about 1900 feet of bole before completion of Its third Kettleman Hills well will be in order. King, No. 3, section 29, 21-17, Is being drilled ahead near 6800 feet, with hard brown shale at bottom. •The company's King No. 1, same section, was completed at a depth of 8310 feet, and Is "doing about 1600 barrels of bcaned crude output with 7,500,000 cubic feet of natural gas, and King No. 2, on the same section also, Is doing about 2000 barrels of crude oil and 6,500,000 cubic feet of natural gas, from a depth of 8500 feet. Drilling Progress Proving Slow Work Slow drilling Is the word at the A. S. Hallaway site on section 11, 25-18, In the Pyramid Hills district of Kern county, ns the project bores ahead slowly through brown shale and ap- v proaches 1700 feet. Tom Hannah's well, on section 25, 25-18, remains Idle for the time being with a depth of 3455 feet. On section 24, 25-18, the Gauthler No. 1 of the Pyramid Hills Oil Company Is drilling through shale near 2600 feet. The well Is a deepening project. Rush M. Blodgett, general manager f the Oil Producers Soles Agency of California, In a letter to Umpire J. R. cmherton, bos reported that "tho atllc Is almosl won" to. reduce crude roductlon In California to the allow- bla of 440,000 barrels dally. Maintenance of the present price tructure, which average ?1 the barrel, s promised If the goal Is reached. The letter points out that Kot- tleman Hills has registered an underage, that Santa Fe Springs has cut its excess to below 3600 barrels daily, that Long Beach excess Is now but 5000 barrels dally and that while Huntington -Beach excess has been more than 12,000 barrels daily the agency expects It "to be down to its field allowable by tonight, Friday, January 27." "On tho night of January 2G," the \gency letter reads, "we received word hat one of the large companies, hav- ng tho greatest 'defensive' overage, vas leading the way by getting down o its allowable. We are assured that it least five other producers In the lompellllve area are following." Huntington Beach operators held meetings In tho field yesterday dis- usslng ways and means to reducing he field's excess. * « » Kernco Oil Company Is Organized Here Formation of the Kernco Oil Company, Ltd., has been announced. Dl- reclors are G. W. Shearer, M. G. Brittan, Samuel M. Crtm, Ralph A. Agey and Bert Moss, all of Bakersfield, and Ihe principal place of business will be here. Capital stock Is 1100,000. Legal Notices TRUSTEE'S SALE No. 377 WHEREAS, default has been made In iho payment of the Indebtedness secured by, and In the performance of the covenants contained in, that certain Deed of Trust dated October 16 1930, made, executed and delivered b> Alfred Cohn, one of the heirs and devisees of Charles Cohn, deceased, as trtistor, to BANK OF AMERICA OF CALIFORNIA, a corporation, as trustee, for San Joaquln Valley Securities Company, a corporation, beneficiary which Deed of Trust was recorded Ir the office of the County Recorder ol Kern County, State of California, on Oftobcr 17, 1930, in Book 378, of Official Records, at Page 375, Kern County Kecords: and WHIOREAS, BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION, a National Banking Association, is successor to BANK OF AMERICA OF CALIFORNIA, a corporation; and WHEREAS, the lawful owner and howler of said Deed of Trust nnd tho de'St thereby secured has applied to and directed the trustee under naic Deed of Trust, in writing, to execute the trust by said Deed of Trust created, and to make sale pursuun thereto; and WHEREAS, notice of breach of the obligations of".the trustor bus been recorded us jl^Tprovlded for by law a»d more "-tJllMi three, months have elapsed t>inaev«ie said recordatlon, nn« said trustee^deems it best to sell sale premises anafestatc as a whole nov remaining subject to said Deed o Trust, or such parts as may be neces sary to fulfill the purposes thereof; NOW, THEREFORE, notice Is here by given that on Thursday, the 23re da£ of February, 1933, at the hour o 10 o'clock A. M. thereof, at the wes front entrance of the Kern Counts Courthouse, situated in tho City ci Bakcrst'leld, State of California, th BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION, successor to BANK OF AMER ICA OF CALIFORNIA, as trustee will, under and pursuant to the afore said Deed of Trust, sell at public auc lion to the highest bidder for cash In United States gold coin, tho following described property, mentioned In sale Deed of Trust, being all >that proper!} In Iho 'Estate of .Charles Colin, Deceased, Probate No. 3SS3, Superio Court, County of Kern, State of Call fornln, nnd more particularly described us follows, to wit: All of tho Interest of the Fnld Trustor in and to tho properties of said estutB real, personal i»nd mixed, and aniuhvd by the trus- tor either as hoir, devisee, or by compromise agreement with the S thcr heirs and devisees of said ecedent, tho Interest of the <Trus- tor In said propertlew being an undivided l/7th of an undivided 1)5% of all properties in said estate available for distribution therein. Said sale will be made without cov «na«jt or warranty, express or implied regarding title, possession or encum brances. Dated at Bakerufield, California January 28. 1933. BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION, as TriiHtof., By A. C. Tilmuii, Vii'(:-Pi'PHi(|onl. By Ulysses A. Grlbble, AflKlslunt Trunl off leer. Jan. L'S; Feb. 4, 11. IS, im\\. R.F.C. Congress Manifests Desire to Curtail Vast Orgy of Borrowing (Continued From Pago Two) sources. If this security Is good, why not let the bankers do the financing, Couzens asks. Up to the first of Ihls month the R. P, C. has loaned in tho 11' months of Its existence a total In actual cash of $1,602,000,000. This was more thnn half of the total government receipts for all of 1932, which wero $2,121,000.000. Borrowers have repaid $283,000,000. Dizzy Lending Pace An Increasing number of members are beginning to ask whether the government can continue to take over private debts at this dizzying pace when It Is plunging rapidly deeper Into debt. Many frankly are skeptical of collecting a p_orllon of these loans. Some of the borrowing railroads aro In receivership. Many of the banks aided have since closed IhoJr doors. Rail Future Dark Growing concern is felt among somo hero over the fact that much of the money being loaned to railroads Is for the purpose of meeting New York bank loans and mooting Interest charges. Traffic revenues glvo llttlo hopo that railroad earnings will make these charges and loan maturities any easier to meet for a long time to come. This condition Is responsible for tho pressure to enact tho bankruptcy reform hill which Is to bo pushed In tho .House next week In order to make corporated reorganizations less costly and painful. Railroads have borrowed $272,000,000 from the R. P. C. Another $52,000,000 has been authorized but, not actually loaned. Repayments on principal are given at $11,700,000. Of the sum loaned, $74,000,000 has gone to pay Interest on bonds. A similar amount has been used to pay ofl bonds. In tho first Instance, government loans haVe been used to support an overhead of debt which the rail borrowers have been unable to carry. In the second Instance, this much ol the debt has been transferred from private to government hands. About $38,000,000 went to pay oft loans to banks. This In effect transferred bank loans to the federal government. » NOT RESPONSIBLE Pacific Western Oil Company gives notice of nonresponslblllty for derricks, pipelines, tanks, etc, labor, materials, on northeast quarter of north- Three U. S. Naval Officers /Injured in Oakland Tests <$> (Associated Press Leased Wire) OAKLAND, Jan. 28. — Two United States navy, officers were near death here today and a third, removed to the Mare Island Navy Hospital,, was seriously Injured from steel fragments of an engine, testing balance wheel which "exploded" during a demonstration. Lieutenant Charles E. McDon. 'aid, 40, and Lieutenant Kenneth Charles HUrd, 29, were the two physicians said may die. Lieutenant Louis Dent Sharp, 28, wns the third officer Injured. (Continued From Page One) Brlggs Highland Park plant this morning nnd returned to work. State police stood by to prevent any disorder, bin' reported no attempt wns made to molest them, 150,000 Men Idle Approximately 150,000 workers In the Ford assembly plants throughout the country are affected by the suspension, the Ford Company announced, when the supply of bodies WHS cut off by tho strike. . No Disorder Outside the Highland Park nnd the Mack Avenue plant on the East Side several hundred men were gathered, but state and city police were tboro In large numbers and reported no disorder. They said talks with some of the men Indicated a disposition to return to work, while others Insistod on holding out until their lenders hnd negotiated with officials of the Brlgg.s Company. Tho point of contention In the Brlggs strike, according to some of tho 0000 employes, Is pay for nonproductive working time. The company was reported to have offered a guaranteed base rate of pay which represnted some concession to the workers' demands. CABINE1HAS QUIT; HITLER (Cnnllniied From Page, One) (Continued from /'ape One) 3ourls when they are dismissed by .he Stole Civil Service Commission. State records of automobile accidents would bo open to tho public under terms of another Jones bill. In the Assembly an urgency bill transferring $50,000 from tho revolving fund of 1 the San Francisco-Oakland bay bridge fund to the general fund .if tho state was adopted. Before tho bill could be voted It was iccessary to put "cull of tho House." \ great many members had left for their homes, only 59 members being present when tho call was removed. The Senate had already voted approval of the bill. Balk Warrant Bill An emergency measure appropriating J40.000 for equipment to handle registering of warrants for tho state was refused passage by tho Assembly today when Assemblyman Edjvard Craig, Urea, objected to unanimous consideration. "There Is a possibility wo may bo nblo to avoid the registering of warrants," Craig said, "nnd If tho stato does go 'broke 1 rt seems to me there will he ample (line next session to order this equipment." The bill had previously been passed by tho Senate. BILLS FLOOD LEGISLATURE SACRAMENTO, Jan. 28. (U. Caught beneath a last-minute P.)— ava- bllls, wily (Associated Press Leaned Wire) WASHINGTON, Jan. 28.—Assailing the domestic allotment farm relief bill as a "frightful Bales tax" on necessities, cotton manufacturers have proposed to the Senate agriculture committee that an entirely different principle of aid be applied to cotton. Through William D. Anderson of Macon, Ga., the American Cotton Manufacturers Association championed a, substitute plan already Introduced by Senator Smith, Dem., S. C., and explained by him to President- elect Roosevelt In a recent conference at New York. Anderson described It as providing that the government buy on credit for the cotton farmer half the amount he would ordinarily plant. Tho producer then curtails his acreage 50 per cent nnd at the end of the crop year presumably -profits on both the amount the authors of "exhortations for treason." Br.aun was onstod, along with the rest of the Prussian government, when Von Papon was chancellor. Hlndenburg Assailed Two weeks ago the president was (attacked by the land bund, the Influr'iilial agricultural organization In Germany, 'on account of tolerating Schleicher's policies. Hlndenburg supported Sehleicher at the time, but Schleicher's aloofness on the subject of agricultural subsidies finally turned the tide in favor of his enemies. At their conference today, Schleicher told the president that his government would be able to submit its program to the Reichstag, meeting Tuesday, only if Hlndenburg placed a dissolution decree in the chancellor's hands. Hlndenburg refused, and •Scbleicher resigned. JURY CLEARS DELANO west quarter and northeast quarter of I harvested nnd the amount brought, as southwest quarter section 23, 27-27, R ls assu '"ed the market would rise, said property leased to Vedder Petroleum Corporation, Limited. R. E. Smythe et ux, owners of lot 15 In section 23, 29-27, Falrhaven, give notice of nonresponslblllty for labor, materials, etc., on same, said property Is leased to Barnsdall Oil Company. JUDGMENT AFFIRMED SAN FRANCISCO, Jan. 28. (U. P.) The District Court of Appeals today affirmed a judgment against William Weisman of Los Angeles, who was ordered by a lower court to pay Benjamin Fink $75,000 as, the result of a real estate deal. In the same ruling, however, It reversed a Judgment against Joseph Toplltzky, prominent Realtor, freeing him of connection alleged irregularities. GUILTY OF MURDER SWEETWATER, Texas, Jan. 2S. (A. ~F.)— L. M. Parks, charged with murder In Ihe drowning of bis wife at U lake near hero last summer, was found guilty by a jury In * District Court today and his punishment was fixed at 25 years in prison. PARAGUAY ACCUSED GENEVA, Jan. 28. (U. P.)— Botanical gardens at Asuncion, Paraguay, were used to house "an Immense laboratory under the direction of European chemists for tho manufacture of poison gases," Bolivia charged today In a cable from Bolivia submitted to the League of Nations secretarlet. LITTLE ACTIVITY S.F. Price, Changes Arc Balanced; Five Gains; Five Losses, and Four Even RIOTERS, POLICE BATTLE CHICAGO, Jan. 28. (U. P.)— Rioters clashed today with stcel-helniQted police near the Chicago Tribune tower, where the Japanese consulate Is located, and throw the near North Sldo into tumult. Eight persons were arrested after first brushes between the 105 police and tho throng of men and women, urged .on by Communist agitators. URGED FOR WAR POST PHOENIX, Ariz., Jan. 28. (U. P.)— Colonel Charles II. Rutherford, Phoenix, wqs recommended as an eligible appointee for tho post of assistant secretary of war to Presidentelect Franklin Roosevelt by the Arizona Senate today. NOTED MAN DISAPPEARS MONTCLAIR, N. J., Jan. 28. (U. P.) W. Hetherlngton Taylor, 72, former owner of the trade Journal, "Iron Ago." disappeared -at St. Petersburg, Fla., last Thursday, his son, Gorvln P. Taylor, managing editor of the Montclair Times, discovered today. LIKE OUR CARS Ninety-six per cent of Japan's automobiles are built in America, LEARN ABOUT YOUR , UNITED STATES. Dou you know tho geography and history of the greatest nation in tho world? Arc. you familiar with tho largest cities, tho capitals of states, and the location of places mentioned In the dully news? Can you tell when each colony was settled, by whom, and when tho states wero admitted to the Union? If you feel that you should brush up on any of these subjects send for the United States map this bureau is distributing. It will answer your questions. Enclose 10 cents In coin to cover return postage. The Bijkersfield Cnllfornian Information Bureau, Frederic J. Hagkin, Director, Washington, D. C. I enclose herewith 10 cents In coin (carefully wrapped) for a copy of the ".Map of the United States." Name Street City.... Stale COLLEGIATE (Kpe.elal to The CaHJorntan) DELANO, Jan. 28.—Jerry Cum- mlngs, 35, who was charged with "vagrancy" and "lewd and dissolute conduct," was acquitted of both counts today, by a jury which heard the case In Judge L. E. Pryor's Justice Court. Tho jury required two ballots to return the verdict of not guilty. J. Ogden Reavle and Jackson Million, of Bakersfield, were attorneys for tho defense, and Attorney Ed AVest represented the slate. Arrest of Cunnnlngs followed the shooting of Patsy Evans, a young ne- gro girl, several weeks ago. After tho girl was shot, authorities learned that Cummings, Kenneth Scott and the girl wero scuffling over tho possession of a revolver, and the weapon was discharged. The nogress was shot in the abdomen and in Ihe land. Scott and Cummings wero lodged In jo.ll. Each lias asked tho Delano City Council for $175, as payment for false arrest and working time losl whilo they wero In jail. Tho wounded girl recovered. •• * » NOTED OREGONIAN DIES PORTLAND, pro., Jan. 28. (A. P.)— Cliurlus A. Morden, 50, manager of tho Morning Oregonian from 11/19 lo 1927, and previously Identified with that newspaper In various executive capacities, died hero today. Ho remained one of tho two trustees of the Plttock estate which holds the cou- Irollng IntereKl in Iho publishing company. Lack of funds didn't stop' Rolf Larsen's college career. He Just .drove this cow to the Arizona State Teachers' College, drummed up some customers, milks Bossy twice n day nnd buys hay, meals nnd books with the milk money. fouKht Its wift- to adjourn for the flrsl half of Its 1933 session loday. With more limn 2500 measures already introduced, every Indication was that a now record in volume of proposed leglslalion would be reached. State officials greeted Iho end of tho preseul session with a sigh of relief, for It brought a temporary halt to the work of the Seiialp facl-flnd- ing committee, headed by Senator David F. Bush, Oakdalc. This committee has spent three weeks-doing nothing but slashing government costs by abolishing or curtailing various services and agencies. reducing salaries, and seeking to add hundreds of state employes to tho army of unemployed. Its recommendations aro embodied In a stack of 400 bills, many of which are slated to receive bitter opposition. Nervous Tension The nervous tension caused by the last few hectic days gave evidence of breaking out in a fight ovor a proposed rebuke to Governor Rolph for his criticism of the Legislature's dilatory tactics on emergency legislation. Several senators were nursing a grndgi- bemuse the governor Indicated that tho Legislature had "capitulated to the school lobby and Iho gasoline tax lobby." They sharpened their pencils ami wrote a snappy reply. "The Legislature Is willing lo assume full responsibility' for Its acts, hut It will not agree to assume any responsibility fur the Incompetenry and extravagance of your administration," they said. Refuse to Sifln When it came to signing the message a large number of tho lawmakers, Including some regarded as unfriendly to Governor Rolph, stubbornly refused to put down their mimes. The fight loomed when these men were accused of having "cold feet." Failuro of the Legislature to accept a single one of Governor Rolph's economy proposals designed to wipe oul tho anticipated J9, 000, 000 general fund deficit and balance the, new- budget has brought the state to a financial crisis, officials said. Before adjournment of tho nexl half of Ihe Legislature, which will reconvene February 2S, the state's bank account will be exhausted, and warrants will be registered In the, stato treasurer's office in lieu of payment. Ad Valorem Tax Looms An ad valorem tax, applied lo all property In Ihe state, was seen by political observers us n certainly, duo to failure of the Legislature to altack the major problems of state finance. Granted the Legislature should enact a modified sales, tax acl at the opening of tho next session, officials pointed out, It would require at least 30 days to put It into effect. Tlius It would be physically impossible for the state to raise the required $9,000,000 In tho three months left In the present fiscal year, to save the treasury from bankruptcy. Outstanding Bills A few of the outstanding bills before tho Legislature today wore: Prohibiting tho operation of one- man street cars, Assemblyman Patrick J. Mi-Murray, San Francisco. Requiring every motorists to carry n minimum of $1000 liability Insui'- nneo, Senator Roy Fcllom, San Francisco. Permitting a probe of returns in contested elections to show it' any person voted illegally, by Senator II. C. Jones, San .lose. Allowing only property owners to "• olo on bond issues, Senator Will R. Sharkey, Martinez. Requiring thai private airplanes are inspected for safely before passengers arc taken aloft, Senator Joo Rlley, Inyo county. Centralizing all farm school activities of the University of California at Davis. Assemblyman John H. O'Don- ncll, Woodland. (Associated I'res* Leased Wire) Price changes on both tho stock nnd curb exchanges were evenly balanced .oday. Little activity was seen In tho three-hour wook-ond session, as the "big board" recorded five gains and us many losses, with four oven, and tho curb throe tips, three downs and two even. Transamerlca had a flurry of activity In tho final half hour that raised llh turnover to 6300 shares. The finish was at 5, unchanged, after tho stock had receded to 4%, tho lowest this month. Gains wero all fractions of Mi point or less. They Included Los Angeles Gas 6s, Pacific Lighting, Caterpillar, Calamba Sugar, nnd Homo Flro and Marine. Southern California Edison provided tho best curb gnln, going'up V4 point. Occidental Pete and General Molors were slightly higher. Goldman Sachs, after being up lOc, finished at $2.70, down lOc. Car Loading's for Week Slump 9888 '(United Press Leased Wire) WASHINGTON, Jan. 28.— Tho American Railway Association today reported that revenue freight car loadings lor the week ended January 21 wero 496,434. cars, a decrease of 9888 fiom tho preceding week and 65,667 below tho corresponding week In 193 S. F. Stocks Press Leased Wire) SAN FRANCISCO, Jan. 28.— Stock— Alaska Juncatt Atlas Imp. "A" Byron Jackson Calif. Ink. "A" Calif. Packing Caterpillar Tractor Consd. cheni. "A" Crown /.ell. com. vie.... Crown y.p.\\. pref "A".... Crown '/.a\\. pref. "B"... Flrfinian'.H Fund Ins Golden Stale Honolulu Oil Leslie-Calif. Salt U A. G. .t E. pfd Magnuvnx Fagnln com Magnln pfd Maivhant-Callf. com North American P. G. & K. com P. G. & K. B% 1sl pfd. .. P. G. At E. 5V4% 1st pfd. Pac. Light, nun Pile. Light. 6 dlv. pfd Pac. Pub. Svc. new com. Pac. Pub. Svc. 1st pfd... Pacific Tel \- Tel. rum... Pacific Tel. ,t Tel. pfd... Paraffine com I'lg'n Whls pfd Richfield com Richfield pfd Roos com SJ L&P 7% pr. pfd SJ L&P 6% pr. pfd. "A". Schlcsgr "A com Schlesgr pfd Shell I'n. com Southern Pacific S. P. Golden Gate "A"... S. P. Golden Gain "B"... Standard Oil of Calif Tidewater com Tidewater pfd Transamerlca Union Oil of Calif Western Pipe com MAY HALT FORECLOSURES WASHINGTON, Jan. 28. (A. P.) — As a ^itep to ease Ihe agricultural credit situation and prevent foreclosures on farm property, Senator Dickinson, Rep., Iowa, Introduced u bill today to provide for holding companies to take over joint stock laud bunks and liquidate them. *-<-•• MISS PHELAN DIES SAN FRANCISCO, Jan. 28. (A. P.) Miss Mary Phelan, sister of the late former United Slates Senator James D. Phelan and last surviving member of the famous California family bear- Ing her name, died at her home hero today. SPECIAL MUSIC Music Sunday at First Presbyterian church will bo as follows: choir, morning, "Hark, Hark My Soul" (Shelley); "Rock of Agi;s" (llolton), Evening, "Savior Breathe un Evening Blessing" (Sudds) ladles' trio Mosdames Ciirrlo Mull, Harry Blnns and J. W. Mur- j shall. I Organ, morning, "Early Morn" (Bartlctt); "Offertory" (Dale,) and "Autumn" (Wilson) and "Benediction" (Smith). Bid 2~* ill! "!<» 13$ 9 42'i- 01'.-. Vt, •IV 27>,i 25 Vs 23 37 93 so ',4 4% ml r.'f, 3 W. 23% 8 Wfe Ask. "v 1 Hi 20 I "B 14VL IV 10 10 42% 4 12 23 37V. 'J» ! S 7 4 V 80 111!!' 1 10'/ 1 r. 1 8% 100 90 3 5 18 5V 5"- 24V 3V 44 C I" •'HI 7-y BARONESS WEDS BANKER GREENWICH, Conn., Jan. 28. (A. P.)—Baroness Virginia Podmanlcnky of Munich, Germany, was married to Guy Wat-run Walker, Boston banker, loday. Mrs. Walker formerly was Virginia Arrowsmlili Heseman of New York and Plainfield, N. J. FIRE IN LEGATION WASHINGTON, Jan. 2S. (I*. P. 1 )— Fire that broke out in the fourth floor of tho Czechoslovakia!! Legation today extensively damaged the building before being brought under control. Valuable oil paintings and tapestries were ruined. BRITISH AVIATRIX LOST MADRID, Jan. 28. (A. P.)— Lady Mary Bailey, the British flyer who was lost and found lasl w'eek In her fllghl from Croydon to Cape Town, was reported lost again today. On Thursday she landed beeauso of on- gino irouhlu ut San Xavlcr, on thn way back to England. She took off when repairs were, made, bul there has been no word from her Kincu 10:00 a. in. yesterday. HOOVER WILL ATTEND WASHINGTON, Jan. 2S. (A. P.)— President, lluover arranged today trt attend memorial sorvicen for President William McKlnley, to -\>i- liflrl under the nusplcos of Hie Ohio Stale Society .at Hie Nliuruhuin liolul hen; next Monday nlglit. LOS ANGELES LIVESTOCK LOS ANGELES, Jan. 28. (A. P.) — HUBS—Reu«ipl.i for week, 750; steady; bulk $3.504/13.75. Cattle—Receipts, 4800; steady tu 25u lower; fed Hteurs and ywirlings fl.DO 'US.ID; utliers, JM.OOfc 4.40; Mexicans, ?:).50'i}/<3.S5; heifers, $;j.CO!f( 5.00; beef cuw.s, $2.fjO'H3.50. Calves — Roroipls, 1100; sU-ady; tulk, $4,00fri>4.7!). Slmop—Iti/celpts, 1800: lambs Fining to 25i: highwr; bulk, fri.OOiii; d,w spring lanilj.s, $7.00. COFFEE MARKET NEW YORK. .Inn. 2S. (U. P.)— Coffee—Rio 7s on .sjiol, 8%; Santon 4s, ti?i. L. A. Stocks (United Press Leased Wire) LOS ANGELES, Jan. 28.— Industrials Stock— Bid Ask Byron Jackson 1 Claude Neon Eluo O 1 /- 7V Douglas Aircraft 12 13 Emsco Derrick com II 4 Globe O. & M. com 6 l ,i 8V Goodyear T. ,t R. pfd 30 Taylor Milling 4Vb Van do Kami) 5 9 Western Pipe 7 8 Banks Citizens Nat. Bank 37 Sue. First Nat. Bank.... 43 43' Miscellaneous L. A. Invest. Co... 1'i 1 ; Pacific Flnunco Co 6Vi 6 Pac. Mutual Life 27Vi 29 Transiimorica 4% 5 Western Air Express 15 16 Public Utilities L. A. G. & El. pfd -. 97 9S P. G. &; E. com 29»B 29 p. G. &• r. 1st pfd 2r,'^ 2r> Pac Lighting com 37 37" S. Joa. L. ,»i P. 0% pfd... 80 So. Calif. Kdison com.... 26 2(IV So. Calif. Edison 7% pfd.. 260i : So Calif. Edison (i^p pfd..-24aj : So. Calif. Edison 5V4% pfUr»22'.', ! So. Calif, fins «% pfd 23 Vs Southern Pacific IS IS 1 Oil* Burnsdall 3% 3 Bolsu Chlcu !<•; 2 Pacific Western 3U 4 Republic. Pete 1g I' Richfield Oil % Richfield Oil pfd 1; Standard Oil of Calif 2,1% 24' Union Oil of Calif 10',{ 10' CHICAGO GRAIN CHICAGO, Jan. 2S. fA. P.)—Fan casts of rain in domestic winter cro territory southwest tended to weake wheat prices today, although llttl moist tiro. was indicated wher drought had been worst. Winnipeg messages said more thu 700,000, bushels of Canadian wliea was taken today for shipment over seas In addition to 1,000,000 bushel bought yesterday. Enlarged expor buying was attributed to weakness o Canadian funds. Wheat closed unsteady, UWVic un dor yesterday's finish, corn %ii'*<i off, oats unchanged, and provisloi Mirylng.from 2o decline, to a rise, of .1 CHICAGO, Jan. 2K. (A. P.)—Wheat, no sales; new corn No. It mixed, ti^ l /i f ii) 23%c; Uo. 2 yellow, 2u',i :i i25V4e; No. 2 white, 2!iK-i'; outs No. 2 white, Iti'Mc; No. 3 white, IBVi'iM7Vic; r ye, no sales; barley, 24'fi'35c. BRIGHT SPOTS IN BUSINESS NEW YORK.—Nelsncr Brothers, nc... resumed dividends on the pro- erred Block by declaring a dlstrlbu- on of $1.7B a share, tho first since 'cbruary 1, 1932. WASHINGTON.—Hank failures de- reased sharply during 1032, totaling 163, against 22DS In lO.'U, according to lie Federal Reserve Hoard. TREND ON MARKET AT N. UNEVEN Some Leaders in Fractional Decline; General List About Steady CLEVELAND. — Republic Steel 'ompnny stepped up output to meet $1,000,000 order for 14,000 tons of Ipo for Immediate shipment to tho J hllllps Petroleum Company. CHtCAOO.—Chicago & Northwest- rn Railroad reported for December a et operating Income of $374,581, gainst $207,1)44 In December, 1031. NEW* YORK.—The Erie Railroad ro- orted Its December net operating ncomo was $842,198 against $407,450 n December, 1931. DUN, BRADSTREEl'S IS (Assoelated Press Leafed Wire) NEW YORK, Jan. 28.— The weekly mercantile reviews said today that rndo developments of the week, hough lacking In elements for a pro- ouncod stimulation of business sen- Iment, wero nevertheless largely con- tructlvo. "While trade movements remain onservntlve," said pun's "encourago- nent hn.s been provided by tho better ales totals recorded at some of tho hlnf centers of distribution and the eopenlng In Increasing numbers of mall manufacturing companies In •arlous sections of tho country, with eports of recession In activity becom- ng fewer each week. "Tho hesitation caused by the dls- »rder 1n world trade and the disturbance In currency relationships have ended to obscure the more favorable "arnings reports emanating from many ndustries for Iho final half of last ear." Brndstreet's cited views of leaders n bunking, railroad, textile and other ndustries as evidence of growing con- Idenco that 1933 "offers sound oppor- .unlly for business advancement." INCOME INCREASES NEW YORK, Jan. 28. (A. 1'.)— Baltimore .t Ohio Railroad today reported Dei-ember not operating Income of $l,S41,. r >S7 against $8111, 328 for tho same month of 19111. was $9,803,736 against $11,580,8113. TREASURY REPORT WASHINGTON, Jan. 28. (A. P.) — Treasury receipts for January 21 were $3,306,111.41; expenditures, $»>,871,711.42; balance, $36 1,922, MO. 55 customs duties for 20 days of January wero $15,701,349.48. Cotton Futures (Associated Press Leased Wire) NEW YORK, Jan. 28.—After losses of 4 to 8 points under local and southern selling, coltdii steadied today <» covering and trade buying. Contracts were comparatively scarce in the late trading. .March sold off li.07 undi'r thu early pressure, rallied to 6.13 nnd closed at ti.10. The general marku had net declines of I to 5 points. Cotton futures closed .steady, 1-T lower. March, 6.10; May, ti.2llfri 6.21 July, C.37; October, ll.-l!i<jHi.5i;; U«CCMII ber, 0.69; January, 6.73. Spot qutet middling 6.25. NEW ORLEANS COTTON NEW ORLEANS, Jan. 28. (A. P. Spot cotton clotted steady and un changed. Sales 2649; middling 6.11. COTTONSEED OIL DALLAS, Jan. 28. (U. P.)—Crud cottonseed oil, 2V£e. Citrus Market (Associated Press Leased Wire I NEW YORK. Jan. 28.—Scattered rlcklos of week-end selling gave the lock .market a .somewhat uneven ap- learanco In today's quiet short ses- lon, A large part of tho list held about teady, but .several of the leaders were off fractionally to a point or so. The urnovcr was only about 300,000 shares. United states Steel shares declined only moderately, despite discussion In Wall street over next year's action on tho preferred dividend, seeming to ndlcnto that any change In the payment had been largely discounted. United States Steel preferred declined llttli! more than 1V4 points, and ho common about a point. Eastman, iVmerlr-an Telephone and Union Pacific lost a llttla more than a point, and Issuos off about half to one point ncluded American Can, American I'obanco "B," Santa Fo, Allied Chem- cixl, New York Central, and Liggett & Myers "B." •» • * New York Close (United Prcis Leased Wire) NEW YORK, Jan. 28.— Railroads AlchlHon 43J» Baltimore & Ohio 9',» ,'tiesupeako & Ohio 29 irle 6}4 Illinois Central 2% Vcw York Central 19V* Northern Pacific 14% Pennsylvania 18% Southern Pacific 17% Union Pacific 75 Great Northern pfd 9% Industrials American Can SO American Tel. & Tel 104% Bordcn 20% titles Service 2% Columbia Gas 18V4 Consolidated Gas 68?i Corn Products 65 CurllSH-Wrlght *... 2V4 Famous Players 1 Fox Films "A" General Electric ienernl Foods Goodyear Tire and Rubber International Harvester International Tel. & Tel Montgomery Ward North American 'uclflc Gas Electric Radio Corporation Saf o way Stores Sears-Roebuck U. S. Rubber Union Carbide it Carbon United Aircraft Warnor Brothers Western Union Westlngliniiso Electric Wool worth J. C. Penney Transamerlca First National Stores Metals Anaconda International Nickel Kennecott Copper U. S. Steel Vanadium Steel Tobacco and Sugar American Sugar American Tobacco "A" American Tobacco "B" Great Western Sugar American Sumatra ,. R. J. Reynolds "B" United Cigars Oils Phillips Pete Sinclair Standard of Calif Standard of N. J 2 Standard of N. Y Texas Company Tidewater Ass'n New Motors Auburn Chrysler »... General Motors Packard Motors Studebaker Tlniken Roller Bearing lO'.i Equipments Amer. Car Foundry 7 Baldwin Locomotive 5 General Tan k 18 1% 24V* 15% 21$* 7 14 28 29 Ti 4Vi 40V, 19 % 27'" 26V4 33 26Ti 61 ?4 12 Vs 27V i r,s " GO 7% 8U 32 8% 8>, H 24 Vi 9%-•>•)« 13% 3 13% 13U 2% (Associated Press Leased Wire) LOS ANGELES, Jan. 28.—Callfornii oranges and lemony were lower a eastern and middle, western auction | centers this week. Orange, sales gained one car to 296, while lumon sales dropped from 140 to 123 cars from last wcoU. Oranges were off la rent* a box to an average cif $2.72. They brought $2.05 a box In the similar week of 1!)32 and $11.51 In tho like period of 1931, Lemons clrcllni'd from $1.13 to an average of $3.78 a box. This coin- pared with $3.07 lust year and $4.74 two years ago. Los Angeles Hay (Associated Press Leased Wire) LOS ANGELES, Jan. 28.— Hay Ion, f. o. b. Lou Angeles: Choice barley, $14<S>16. Cholcii oat, SIGiif'lO. Alfalfa, delivered (Ilynes or Monte); U. S. No. 1, H2.50Sil3.DO. U. S. No. 2 leafy, Jlli.OOii 12.50. U. S. No. 2. CHICAGO LIVESTOCK CHICAGO, .Ian. 2S. (A. P.)—Hogs— RiM-flpt.s, 10,000; Kti-ady to !(H- lowor; 17U-1-10 lit *3.40; 220-300-pouml, $3.15M 3.40; better grade 140-ltiO-pu.uiul,' J3.25 <&'3.40. Cattle — Receipts, lOOd; weighty .sif.urs I3<i2f>o lower; big weights 2fi'iji 40r off; bulk heavies, $4.2o»ii'4.70; bltr wolglitH, ?3.25!fr':i.80; light titecr.s and yearlings generally steady; best belf- rr.«. $:,.7. r ,. Sbrep—Rfceipts, 1000; market nominal. Heavier weights weak to unevenly luwi'f; off liUo In Intitancr*; sliocp largfOy steady. Week's curly top, ^(;.(i."»; fed ycarling.M, '$4.iiO'u ,"*.""»; agi'd ll'i k> l25-p"und wclheru, P.OO^ D.L'O; fa I owns, J2.00(u2.75. per El SAN FRANCISCO LIVESTOCK SOUTH SAN FRANCISCO, Jan. 28. (A. P.)— I logs— Receipts for week, 2'.iOO; buU-lKM-B closed 10-l,1c lower, lop around fll.75 on under 200-pound Call- fornias; packing suws $2.254i 2.5U. Today, Mono. Cattle — Receipts for five days, 1250; Mtecr.s steady to 25i: higher; medium and low K»')U Son-pound ulcers 55.00, lop; !M7-10U-pound fed $4.80, lightly sorted $3.N5; bulk X02-1050-pouii(l medium to low good $4.5011 4. 75; medium $4.25; 810-82ii-p<JUnd heifers, J4.00. Today: IfiO, load gnud lOregon cow.s, two cars Oregon .steers and two loads California cows. Calves, good around 250 pounds, J5.00 down, choice, light veal- ei-K eligible J5.!iO. Sheep— Receipts for five days, 27,">0; lambs fully steady; two decks SS-VJ- pound top good wooled $0.00 straight. Today: 250; deck 7'J-pound loc'al fed shorn lambs $6,00; 4 per cent shrink. L. A. BUTTER, EGGS, POULTRY LOS ANGELES, Jan. 28. (U. P.)— Butter Prime, 20c. Prime firsts, 19c. Standards, 18c. Firsts, 17c. Eggs Large—Clean extras, 18c; light dirty extras. 17c; clean standards, 17c; light dirty standards, 17c; checks, 17c. Medium—Clean extras, 16c; light dirty extras, 16<:; clean standards, lOc; light dirty standards, 15c; checks, IBo. Small—Clean, 14c; light dirty, 14c. Poultry ana Rabbits Hens, Leghorns, 2Vi to ll'i Ibs., 13c. Hens, Leghorns, 3Vi to 4 Ibs., 14c. lions, Leghorns, 4 Ibs. and up, 14c. Hens, colored, 3U to 4 lb:«., 16c. Hens, colored, 4 Ibs. und up, 17c. Broilers, 1 and up to IV" Ibs., 13c. Broilers, 1V4 to 2Vi lbs.,"luo. Fryers, Leghorns, 2 VI to 3 Ibs., 14c. Fryers, colored, 2Vi to S'.-j Ibs., 17c. Roasters, soft bonu, 3V-i Ibs up. 17c. Stags, I3c; old roosters, Sc. Ducklings. Pekln, 4 Ibs. and up, Ho. Other than Pekln, 4 Ibs. up, lOc. Old ducks, 10i:. Geese, I2e, Young torn turkeys, 13 ll>". up, 13c. Young toms, dressed, 12 His. up, 18c. Hen turkeys, 9 Ibs. and up. 13c. Hen turkeys, dressed, S HP>. up, 16c. did torn turkeys, 12c; dressed, loc. Squabs, under it Ibs. per dozen. 15c. SquabH, 11 Ibs. dozen and up, 20c. Capons, live, under 7 Ibs.. 18o. I'apons, live, 7 Ibs. and up, 20c. Capons, dressed, under 6 Ibs., 23c. Capons, dressed. G Ibs. und up, 23c. Rabbits, No 1 white, 3 to 4 Ibs., 9c. Rabbits, No. 2 white, U to 4 Ibs., 6c. No. I. mixed colors, 3 to 4 Iba., 6u. Rabbits, No. 1, old, 5e. FOREIGN EXCHANGE NEW YORK. Jan. 2S. (I!. P.)—For- elfin exchangi* closed Irregular. England ;i.S;!>... up 01. Canada .sf> i'-K,, off .OO^i. France .(i:i!>o'i, off .OOOO'i. Italy 1)511 ' 4 Belmimn .i:ts;ii 4l up .OOOOVi. Germany .2371'. (•zechoslovakia, crown, .0296 3-11. Switzerland .1933",. up .0001V4. Holland .4018, off .0001. Spain .i)Kls>:,, off Odflin;. Sweden .1-ill, up .ui'O;,. Japan -Hl>4. nff .00(16 GOVERNMENT BONDS NIOW YORK, Jan. 28. (A. P.)— Liberty bonds closed today: SVis, 32-47, 103.13. First 4Vi«, 32-47. 102.24. Fourth 4Vis, 33-3S, 103. IS. Treasury 4'is, 47-52, 110.26. Tr«a«ury 4s, 44-54, 106.2!'. Treasury 3 a .,s, 46-56, 105.0. Treasury 3%s, 40-13, June Treasury H\K. 43-t7, 102.15. Treasury 3 : ) s s, 41-43, March, Treasury 3'j.s. 4ii-|'j, 100.31. Treasury ;js, 51-55, 9S.2I. 102.20. IOL',10. BAR SILVER NEW YORK', Jan. 2,«. (A. P.V-Har sllvur steadier V»c higher dt 25%c. ; MONEY TO LOAN on Stocks, Bonds/ Mortgages No Brokerage...No commiillon. Low rat* of lnl«r»it. Absolutely Confidential. Call. Write. Phon*. THE ATKINS CORPORATION, Lei Anf.Ui 111k Fleer Pac. Nail. BMf. - TRInlty »107

What members have found on this page

Get access to

  • The largest online newspaper archive
  • 11,100+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Try it free