SEWARD,
ALASKA
_
Seward
COAST TERMINAL OF THE
ALASKA RAILROAD
DAILY AND WEEKLY
“CENTER of
EVERYTHING”
Gateway
TERMINAL FOR THREE OCEAN
GOING STEAMSHIP LINES
MEMBER ASSOCIATED PRESS
pnMara—Btramreaii i 'i mmum
VOLUME XIV. NUMBER 138.
SEWARD, ALASKA. MONDAY, NOVEMBER 4, 1929.
PRICE TEN CENTS
•M
FOSHAY irjTEBESTS
WILL CHliE TO
IE.
THREE PARENT COMPANIES
CONTROLLED ENTIRE
CHAIN
MINNEAPOLIS, Nov., 4, (JP)—
Continued operation of the maj
ority of the subsidiaries to the
Foshay interests was forecast by
Clark R. Fletcher. member of
the law firm which brought
suits against Foshay.
Fletcher declared that in many
instances public utilities compa
nies will not be affected by the
action against the parent com
panies and that these companies
were separate; that the Foshay
chain was controlled by the par
ent utilities through ownership
of stock.
OPINION IS EXPRESSED THAT
CREST OF SELLING WAVE
HAS BEEN BROKEN
; NEW YORK. Nov., 4. r/P)—An un
precedented volume of 16,410,000
spares changed hands on the stock
exchange, causing further declines
of from five to 50 points. Financial
powers of the country concentrated
their support and checked the de
cline. so that most of the stocks re
covered their losses before the ciose.
The opening of trading witnessed
the largest and most exciting turn
over, ever witnessed on the security
market. Blocks of from 20,000 to
50,000 shares of such stocks as
Steel, Standard of New Jersey and
Consolidated Gas were taken at de
clines of from seven to 50 points
•om the last price, as further dis
tress offerings resulted from the
i ^ ver-night checking up of weak
1 ned accounts.
Lows of the session was witnessed
shortly after the noon hour, when
Steel momentarily touched 167 and
others were down from 10 to 70
points. Richard Whitney, the Mor
gan Brokers, again rushed into the
Steel crowd and bid the stock up to
186. Similar support was rushed to
other pivotal stocks and the result
ing recovery caused the opinion in
some quarters that the crest of the
selling wave had been broken.
, fOX FILM CORPOHATiON
SELLS BIT TO MBS
NEW YORK, Nov., 4, (/P)—Wil
liam Fox, president of the Fox
Film Corporation, announced the
completion of sale of his com
pany’s stock and holdings in the
First National Pictures Corpora
tion to Warner Brothers for a
sum in excess of $10,000,000. By
the terms of the transaction
Fox Films relinquishes title to
more than 25.000 shares of First
% National stock.
16 CHURCHES SECEED
LOS ANGELES, Nov., 4, (/Pj—Six
teen churches which recently se
ceeded from Aimee Semple Mo
tion of the Four Square Gospel,
formed a union of their own. The
new church organization still lacks
a name.
BUSINESS 1U. S.
FU11EMLY
STOCK MARKET REACTION
LARGLY PHYSOLOG1CAL, IT
IS SAID
WASHINGTON, Nov., 4, (A3)—
Secretary Lamot reiterated that
business conditions are funda- i
mentally sound and cited Com- !
merce Department figures show- ;
ing “absolutely” no increase in
inventories and that forward or
ders are greater and that there
has been no rise in commodity
prices.
He endorsed the statements of
President Hoover and Assistant
Secretary Klein both of whom
emphasized their belief as to
the stability of business.
He asserted the business curve
over a long period is actually re
versed to htat which preceded
oast business depressions and
said the stock market reaction
is largelv phvsological among pur
chasers in the luxury class.
WITNESS FIS STATE
FILES Sill
ita $2511
LCS ANGELES, Nov., 4, (/P)—
Alexander Pantag.es was sued for
$250,000 damages by Frederick
jTaylor Wise, a prosecution witness
; at the Eunice Pringle trial, who
charged slander. Wise said Panta
ges had falsely accused him of
being a party to a blackmail plot.
The Wise suit failed to disturb
Pantages, who merely shrugged his
shoulders, when asked about it in
the county jail, where he was re
moved pending sentence. “What
can I do”, he remarked, “I got too
much other troubles.”
LOS ANGELES, Nov., 4, (A5)—Sen
tence of Alexander Pantages, for
[attacking Eunice Pringle, was con
tinued until November 7 by Trial
Judge Charles W. Fricke. The con
tinuance was granted on motion oi
the vaudeville man’s attorneys.
Pantages appeared in court for
the first time wearing handcuffs
His aged mother-in-law, Mrs. El
vera Mendenhall, wept as Pantages
was led back to his cell in the coun
ty jail, after a brief court session.
It is reported that the theatre
man has ordered his attorneys tc
negotiate for an $80,000 settlement
iwith Mrs. Juro Roboho, widow oi
the man, for whose death in an au
tomobile crash, Mrs. Pantages was
‘convicted.
FOOTBALL SCORES
St. Ignatius 14, Gonzaga 7
California 15, So. Calif. 7
Willamette 25, Pacific 0
Oregon 27, U. of Calif. L. A. 0
Wash. State 9, Oregon State 0
Kansas Aggies 7, Missouri 6
Purdue 13, Wisconsin 0
Minnesota 19, Indiana 7
Carnegie Tech 19, U. of Wn. 0 I
Notre Dame 26, Georgia Tech 6 j
Nebraska 13, Kansas 6
Chicago 15, Princeton 7
Yale 16, Dartmouth 12
Harvard 14, Florida 0
Penn State 6, Syracuse 4
Amherst 13, Maa. Aggies 0
Army 33, So. Dakota 6
Ohio 14, Miami 0
Georgetown 14, New York 0
Cornell 12, Columbia 6
Northwestern 7, Illinois 0
Stanford 39, Calif. Tech 0
LOST IN CLOUDS
NAVAL PILOT LANDS
FAIL OUT AT SEA
SHIP HAD NO WIRELESS SO
REPORT OJF RESCUE
COULD NOT BE MADE
V _
i
NORFOLK, Virginia, Nov., 4, (/P)
—Lost in the clouds with his
fuel supply low Ensign George
P. Hatfield, pilot of the naval
I seaplane reported missing Sat
! urday night on a flight from
1 Philadelphia to Norfolk, landed
his plane alongside of the Nor
1 wegian fruit steamer Commodore
j Rollins, 15 miles off the Virginia
Capes.
I The plane was towed in by the
; steamer and all aboard the plane
i are safe. The steamer had no
j wireless aboard so could not re
! port the rescue of the plane at
i once.
i__
GIRL, 18, OUT FOR MEN
PRELIMINARY STAGES
BERLIN, Nov., 4, (^—Conver
sations between German and
American delegates for settle- !
ment of questions involved in di
rect payment of reparations un
der the Young plan have not
passed preliminary stages, Ger
man foreign officials announced. \
STAR OF ICELAND
15 LONS OVERDUE
LEFT GOLDEN GATE JUNE 29
FOR JAPAN; IS NOW 91 DAYS
OUT
SAN FRANCISCO, Nov., 4, (/P)—
Ninety-one days out from San
Marcos Island, Lower California,
with a cargo of gypsum and man- !
ned by a crew of Japanese, the fa
mous Alaska Packers bark “Star of
Iceland” was reported as overdue
on her voyage to Japan.
Sold to Japanese interests last j
June, the “Star of Iceland” which j
plied in the fishing trade in Alaska j
for many years, is making her fin
al voyage as she was to be scrapped i
time she departed from' dennldba 1
| under the terms* of the sale.
| At the time she departed from
San Francisco on June 29, mariners
predicted that her voyage would be j
a long one and that many difficul- j
ties would be encountered by the
'Japanese crew, who were reported
to be inexperienced in sailing.
CARDINAL HONORED
VATICAN CITY. Nov., 4, (/Pi
Cardinal Salnz archbishop of Tole
do, Spain, received the Red Hat of
public consistory almost two years
after he was created Cardinal.
Nearly all Cardinals, Cures and
many other prelates and dignitar
ies attended.
1
The resignation of Deputy U. S.
Marshal Walter F. Sibley was an
nounced at Juneau. No successor
! will be appointed for a while.
’S TANK TEAM, BROWN
)
a.G&kr.
\
More grief for mere man! A girl, Albina Ossipowich,
1 is about to beat one of the men out his place on the
! Brown swimming team.
AUTO STRUCK BY TRAIN;
LITTLE GIRL ONLY ONE
IN CAR SAVED
ELKHART, Indiana, Nov., 4. (/P)
—Eight members of the same
family were killed at a grade
crossing at Osceola, seven miles
west of here, when their auto
was struck by a New York Cen
tral passenger train.
The dead are; John and Mrs.
Flatt, Mary, 17 year-old daughter,
their son-in-law and daughter
Dewey and Mrs. Brennan; the
three Brennan children, Richard,
Vaughn, 7, grandson of Mrs.
Flatt. Richard Vaughn’s sister,
Betty, 4, was injured.
LOS ANGELES, Nov., 4, (A3)—
Mayor Harry Clark and Chief of
Police A. R. Hill of San Diego '/ere
summoned by grand jury which
was reported to be investigating the
operations of an alleged bootlegging
ring in San Diego county.
Federal officials indicated the in
vestigation was based on the arrest
several months ago of Charles Mul
lock alleged bootlegger of San
Diego. Mullock, the agent said,
was believed to have obtained the
franshise to supply a convention at
San Diego with liquor.
He relied, they claimed, on the
influence of the organization mem
bers and brought liquor into the
city openly and stored it in. a down
town business building.
MILWAUKEE, Nov., 4, (/P)—Seven
more lives were claimed in the
third ship disaster on the Great
Lakes within two weeks, when the
freighter Marguarite rammed the
freighter Senator, 20 miles off Port
Washington, Wis. The Senator
sank within five minutes, while the
crew of 33 battled to escape. The
Marguarite limped into port at Mil
waukee carrying five of the Sena
tor’s survivors.
S. S. SUTEHPCD RUNS
ASHORE B. C. COAST
SAN FRANCISCO, Nov., 4, {&)—
The steamer Suterpco, San Fran
cisco for Dollarton, B. C., went
ashore off the coast of British Co
lumbia between Williams Head and
Albert Head.
The marine department of the
San Francisco chamber of Com
merce received advices from Vic
toria that tugs were standing by to
jgive assistance if needed. The Sut
jerpco, owned by the Trans-marine
jLine, has a crew of 35 men.