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Santa Maria Times from Santa Maria, California • 5
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Santa Maria Times from Santa Maria, California • 5

Publication:
Santa Maria Timesi
Location:
Santa Maria, California
Issue Date:
Page:
5
Extracted Article Text (OCR)

SATURDAY, APRIL 9, 1938 THE DAILY TIMES, SANTA MARIA, CALIFORNIA PAGE FIVR Classified Rates Ship Wrecked, By Explosion, Crew Asks Aid Miscellaneous TEAM SERVICE Now is the time to plow your A1 Pico, 305 North Miller St. Phone 806-W, Cottage Grocery. 3-28-4-9p FURNITURE REPAIRING and refinishing. Cabinet work, window screens, ornamental fencing, trellises. C.

A. Stillman. Phone 414-W. 4-6-12n SMS SHOOT TO HIGHS Defeat of President Gives Buyers Encouragement To Spend Money Classified advertisements are payable in advance, unless advertiser carries a charge account witn The Daily Times. Two cents per Word, first insertion.

1 cent per word for eacn subsequent insertion. Minimum charge 40 cents first day, and 20 cents each succeeding day. Count each initial or set of figures as one word. 10 DISCOUNT FOR CASH WITH ORDER Subscription Rates One Month .60 Three Months 1.80 Six Month 3.60 One Tear 7.20 Huge Deficits Loom For New Pump Priming WASHINGTON, April 9. (U.PJ Emergency New Deal plans to get the country out of depression with pump-priming funds forced the government today toward a new trend of rising deficits.

The Treasury is likely to go Into the red $2,500,000,000 or more in the next fiscal year. Unexpected relief needs and unsatisfactory revenue have jeopardized budgeted definite figures for the current fiscal year ending June 30. Mr. Roosevelt is about to embark on recovery and relief disbursements aggregating in the next 15 months. Outlays on that scale would increase the national debt to more than $42,600,000,000 and swell the next fiscal year deficit to approximately $4,000,000,000.

Sen. Arthur II. Vandenberg, a potential 1940 Republican presidential nominee, snapped that the New Deal recovery program gets more like a fairy tale every day. You cant hope, he said, for any stimulant for recovery so long as the public credit races toward bankruptcy and you persistently have an unbalanced Real Estate For Sale FOR SALE Five-room modern house, double garage, etc. 504 East Tunnell street.

Inquire A Andrew Neumann, San Miguel, Calif. 4-l-14p FOR SALE Five acres possible oil land near Guadalupe. Will sell or lease. Address Box 19, Daily Times. 4-9p Tossing of Federal Funds Into Breach Seen As New Starter (Copyright 1938 by United Press) WASHINGTON, April 9.

(U.PJ Chairman William O. Douglas of the Securities and Exchange commission, told the United Press today that government spending to revive purchasing power is a necessary first step in blasting loose the log-jam in the capital markets and starting a flow of sorely needed funds to business and industry. So long as consumer buying power remains at its present low level, he said, business and industry cannot see its way clear to attempt long delayed financing operations. Meanwhile, a huge reservoir of private capital for which productive uses are known to exist, remains idle. Once purchasing power is revived, he said, the prospects are good for a sound recovery from the current economic setback.

If purchasing power is restored and Douglas believes that the government can do it this is the way things should work out: Merchants would buy more goods. Factory production would be stepped up. Payrolls would increase and industry would seek new capital, not only for production erransion, but for plant enlargement, improvement and modernization. The important thing, Douglas believes, for any sound recovery, is to make sure that the surplus savings of the public begin again to flow evenly into industry. 4 Subscribe for the Daily Times New Wells For Local OH Field Are Increasing (Continued From Page One) No.

1, south of the Beacon, which will be a completion this month, after which the crew will move 1 east to drill Yelkin 2 as a western offset of Jones-Gallison No. 1, on the old Roy Gallison ranch, now owned by California Lands, Inc. Next new well to spud will probably be I. J. Banduccis G.

B. No. I in the triangle between the Orcutt road and highway 101 1 south of the Beacon, on the Mul-1 lin holdings, which extend east to the Gallison property, and ad-1 join the Ray Wilson lease on the north. The Wilson Beaufoy No. 1 is expected on production at any time.

Early Completion Other early completions will be Jones-Gallison No. 4, now drilling on the Gallison property; Han-cock-Bush Bradley No. 2, offsetting Jones-Gallison No. Signal Oils Yelkin No. 1, Sunshine Oil Wallace 3, near the McCoy Sa-marin 1, in the Beacon area; Unions Stinson, west of Lower Orcutt road, and California Lands MacDonnell No.

1, at the corner of Lower Orcutt road and Betteravia lateral. The Jonata Oil Co. owned by Santa Ynez valley investors, has made arrangements to put its prospective oil well down eerier on the Ward ranch, between Sol-vang and Buellton. Harvey Stone-barger and son have had charge of the drilling and are at a depth of nearly 1800 feet. Jonata Oil Co.

will sink a wildcat well on Rancho San Carlos de Jonata near Solvang, it was revealed today with filing of a notice of intention to drill with the local office of the State Division of Oil and Gas. The well, known as Ward No. 1, is located in section 16-6-31 west. Other intentions to drill include Petrol Corp. for Tognazzini 21-A ill section 9-8-32 west, of the Gato Ridge area.

4 New Blast Hurled In Neblett Charge (Continued From Page One) lett offered to dismiss his civil suit against Pacific Mutual if someone would offer him $25 non Hall also testified that J. F. T. OConner, former U. S.

comptroller of the currency and now a candidate for governor of California, told him he heard that Neblett was trying to shake down the Pacific Mutual crowd for a $10,000 campaign contribution. Neblett is an announced candi date for governor. Hall is seeking to succeed McAdoo in the H001 IN SALES Defeat of Presidential Reorganization Bill Aids Tone of Market NEW YORK, April 9. (U.PJ The unexpected death of the reorganization bill brought heavy buying into the stock market today, causing tickers to lag four or five minutes and sending the average to the best level since March 22. Initial blocks today ranged to 6000 shares in leading issues.

A vast volume of orders accumulated before the opening. These were grouped by the specialists and, in many instances, openings were delayed a half hour or more. Foreign buying was a factor. Sentiment improved domestically and the foreign trading element interpreted the action on the reorganization bill as constructive. Steel news was better.

The Pittsburgh area reported a small increase in the operating schedule for next week. Steel shares were prominent. U. S. Steel opened 6000 shares at 45 3-3 up 2 1-4 and later extended the gain.

Bethlehem reached 49 1-2 up 3 3-4. Chrylser opened 6000 shares at 45 1-2, up 2 7-8, and later reached 46. Du Pont reached 105, up 5 1-4; American Can 86, up American Telephone 131 1-2, up 4 3-8; Seart Roebuck 56 1-4, up 3 1-4; U. S. Smelting 55, up 3 and Westing-house Electric 77 1-2, up 5 1-4.

Railroad shares had gains ranging to two points. Oils were strong. Consolidated Edison rose more than a point to feature a recovery in utilities. Douglas Boeing and United Aircraft were up more than a point each in the aviations. 4- Subscribe for the Daily Times By SOL HESS By BLOSSER NEW YORK, April 9.

(UR) The Radiomarine Corporation of America reported that it received a message from the S. Europa saying that an explosion on the S. S. Mount Kyllene today tore the ship into two parts. In a message received at the RCA radio station at Chatham the Europa gave the Mount Kyllenes position at about 1200 miles off the northern coast of Spain.

Ship broken in explosion. an SOS from the vessel saia. "Both parts separated. Crew still aboard. 4 President Asserts Not Sore at Defeat WASHINGTON, April 9 Hb President Roosevelt, in a letter to House Majority Leader Sam Rayburn, said today there would be no personal recrimination as a result of defeat of his government reorganization bill.

The presidents brief letter followed, however, after his close friends had charged that defeat of the measure was a victory for lobbyists and propagandists. NEWSMEN MAY STRIKE SAN FRANCISCO, April 9. (U.PJ Members of the American Newspaper Guild employed on five bay area newspapers will decide at a mass membership meeting tomorrow whether to accept contract proposals advanced by the San Francisco-Oakland Publishers association or call a strike. 4 The Oakdale Chamber of Commerce adopted resolutions protesting the proposed trade agreement with Turkey by which the tariff on raisins and figs would be lowered. Ft we the the decision TO FRECKLES TECHNICAL (k Situation Wanted EXPERIENCED waitress desires work.

Inquire 323 E. Chapel. 4-6-9c REFINED, middle-aged widow desires housekeeping posit ion. Prefer motherless home, or companion to elderly couple. Go anywhere.

Inquire 219 West Park. 4-8-llp WOMAN desires housework and care for children by the hour or day. Hazel Ball, phone 611-W. 4-9p Female Help "Wanted WANTED Experienced young girl for general housework. Good salary, new home.

Refined people. Phone 1235. 4-9c Lost and Found WILL PARTY who found an adding machine in a green car parked on Church street please return to 110 West Church cr phone 330-W. 4-9-12c Personals WHEN IN DOUBT or trouble consult St. Pierre, Psychic Palmist.

432 Cypress, Pismo Beach. 4-7-9p Shoe Repairing COYELLS SHOE REPAIR SHOP if you need your shoes cleaned or dyed, any color. Bring them to us. 310 N. Broadway.

2-18tf Miscellaneous for Sale FOR SALE CHEAP Outboard motor, 7 H.P. Good condition. Apply 415 North Pine. 4-5-9p FOR SALE CHEAP 20,000 sq. ft.

used corrugated roofing. Excellent condition. M. C. Pipe Supply 832 West Main St.

Corner of Oakley. 4-8-9c FOR SALE One electric sewing machine, also new Singers. Singer Agency, 217 E. Main. Phone 327-R.

4-8-9c FOR SALE Magic Chef range and Crosley Like new. At sacrifice. Owner leaving state. Write Box 27, Daily Times. 4-8-9p FISHERMEN See the new 5-oz.

9 ft. GRANGER FLY ROD Now on display. S. M. Newsstand, 204 S.

Broadway 4-8-14c Poultry For Sale R. I. REDS, W. Leghorn Chicks Also started chicks from blood-1 tested, trapnested stock. Volz Hatchery, Halcyon.

Wood For Sale Keep the home fires burning. Oak and gum wood. Hockett Sex vice Station, N. Broadway. Phone 590.

10-9-tf Flowers for Sale SPECIAL Bedding plants, 20c per dozen. Giant Pansies, 35c per dozen. Valley Nursery, 120 West Church. 4-8-llc I 1 rail 22.75, up 1.04; utility 18.44, up 0.93; 70 stocks 36.64, up 1.80. TTae industrial average rise was the best since Nov.

10, 1937, when it rose 6.00 points. Stock sales approximated shares for the short session, the most active Saturday since Oct. 23, 1937, when 1,563,020 shares were traded and compared with 600,000 shares a week ago. Curb stock sales were 187,000 against 92,000 last Saturday. a Q.

F. Bashore of Covina has installed sun lamps of 260 watts, suspended in the tree rows of his orange grove, 6 to 8 feet above the ground to maintain temperatures. HIS FRIENDS NEW YORK, April 9. (U.E) Stocks and bonds listed on the New York Stock Exchange today regained more than a billion dollars of their March loss of nearly 11 billions when prices rose on death of the government reorganization bill. Orders to buy 6tocks piled up before the opening.

Specialists bunched them into blocks ranging to 6000 shares. Thousands of shares of the so-called cats and dogs appeared, representing purchases by small traders. The openings in the pivotal leaders were delayed as much as a half hour because of reticence of holders to sell except at a sharp rise. Initial gains ranged up to $5.25 a share. Hundreds of stocks sold $1 or more above yesterdays closing levels.

Volume increased until the tickers were far behind the actual market. Dealings in the first hour amounted to 710,000 shares, the largest first hour since October 28, 1937, when the first-hour trading amounted to more than a million shares. Todays first hour was at a rate of 3,550,000 shares' for a five-hour session or shares for a Saturday. Among the leading issues, 6000-share blocks appeared in U. S.

Steel at $45.37 1-2. up Chrysler $45.50, up $2.87 1-2; General Motors $33, up $2.87 1-2, and Standard Oil of New Jersey $48, up $3.12 1-2. American Telephone opened belatedly at up $4.37 1-2. Eastman Kodak appeared at 10:35 a.m. at $142, up $5.25 a share.

Dow Jones closing averages showed industrial 115.32, up 5.75; THE NEBBS FRECKLES AND Dudley WANGLE STARTED something WHEN HE TRIED TO L'r A PHONO -GRAPH RECORD MAKE HIS DEBATE SPEECH FOR. HIM MYRA NORTH, MORNIN, FOLKS. BEHOLD THE NEW DE LUXE EDITION OF VOUR OLD FAVORITE, JACK LANE ALLEY OOP Unfurnished Houses FOR RENT Unfurnished four-room modern house, two bedrooms. Inquire 101 Auto Court, Arroyo Grande. 4-5-1 lc Furnished Houses FOR RENT Small furnished house available April 15th.

Inquire 409 West Fesler. 4-8-1 lc Apartment for Rent FOR RENT New, modern furnished apartment. Close in. Garage. Call 629 E.

Church St. Phone 335-L. 4-8-tf FOR RENT1 Two-room apartment, partly furnished. Garage. Inquire 605 South Lincoln.

4-8-llp Camp Cabins for Rent FOR RENT Furnished camp cabins by week or month. Duncans Court, 305 Bunny Ave. 3-30-tf Room For Rent Shower and bath adjoining; outside entrance; garage. Gentleman. 301 E.

Fesler St. 4-7-tf FOR RENT Room; private entrance; gentlemen only. 414 S. Lincoln. Phone 326-L.

4-6-tf Room and Board A-l HOME COOKING served family style. Large rooms, single beds. Good location. Reasonable rates. Pyle Inn, 109 West Orange.

4-2-5-lc Wanted to Rent WANTED TO RENT by April 15 or May 1st, unfurnished two-bedroom house. Write Route A. Box 139-A, Santa Maria. Phone 1356-Y. 4-4-9p Miscellaneous IF YOU HAVE a house, acreage, or ranch for sale, list it with me.

Have prospective buyers. M. F. TURNAGE, 112 West Church St. Phone 675-R.

4-8-llc TO START THE DAY RIGHT, serve toast made of Puritan Bread. Fine, even texture, wonderful flavor combined to make toast you dream about. American Bakery. 4-l-30c TIRE DANGER! IF THERE is the least sign of a weak spot, dont take a chance. Drive in.

Well inspect, and repair if needed. Acme Super Service, Main at Pine. 4-5-1 lc LARGE 8. cubic ft. Gaffers and Sattler Electric Refrigerator-Just overhauled, $95.

Pay $5 down and $5 a month, plus small carrying charge. Many other bargains in electric refrigerators, washing machines, ranges and ironers. SALADIN MUSIC AND GIFT STORE. Better Home Appliances. 4-8-llc RAILWAY TIMETABLE If he gets BY YOU.FRECK, I'M STILL.

HERE AND OH BOY, AM i ITCHING Gentlemen when I invited YOU TO ACT AS JUDGES OF THE DEBATE 1 DIDNT EXPECT THIS TO HAPPEN! NATURALLY, YOU WON'T BE EMBARRASSED BY BEING ASKED WE HAVE VOTED! judges, award unanimously MC GOOSEY ON A VYAU KNOCKOUT nH! -L-L ,1 Lw lloOY Yu'U''' By THOMPSON AND COLL SPECIAL NURSE Used Cars For Sale FOR SALE 1932 Graham six coupe. Guaranteed OK $235.00 1930 Ford Sport roadster A-1 condition $135.00. SHIMIZU GARAGE, Guadalupe. 4-4-9c FOR SALE Ford truck. Heav? duty.

Excellent condition. In quire 425 E. Central. 4-6-21c Look! WHY WALK? Look! With Prices Like These! 28 Essex Sed. (clean) 4r 28 Chevrolet Sedan 60 28 Dodge Standard Six 65 28 Oldsmobile Coach 65 29 Chevrolet Sedan 75 30 Dodge Sedan 75 30 Chev.

Coach (good) $145 31 Ford Coupe $175 EASY TERMS OPEN SUNDAY W. B. Johnsons Your Chev. and Olds. Dealer cor.

Main McClelland. Ph. 28-' 4-8-c FI 640 Kcjls. (NBC-Red) 5:00 Haven of Rest 5:30 Music and American Youth 6:00 Let There Be Music 6:05 A1 Roth and crchestra 6:30 King Cowboy Revue 6:45 Parade 7:00 Design for Music 7:30 Family Party 8:00 National Barn Dance 9:00 Robert Ripley 9:30 Blue Barrons orchestra. 10:00 Joe Sudvs orchestra 10:30 Headlines from Home 10:45 Jack Marshard's orchestra 11:00 Frank Trombar's orchestra 11:30 Carvel Craig's orchestra SURE THING.

BUT WHERE ARE you GOING. MYRA? TO GET OUR CAR THAT WE PARKED OUTSIDE THE TOWN THE NIGHT THE DAM BROKE? Tonights Radio Program cjur AS MYRA CUTS ACROSS THE FIELDS TOWARD THE HIGHWAY, SHE IS CLOSELY SHADOWED BY THE VENGEFUL BLACK LUKE By HAMLIN KNX 1050 Kcyls. (CBS) 5:00 Saturday Swing 5:30 Maurice's orchestra 6:00 Let There Be Music 6:30 Saturday Night Serenade 7:00 Your Hit Parade" 7:45 Marco Juvenile Revue 8:15 Silhouettes 8:30 Russ Morgans orchestra 9:00 Prof. Ouiv: and Brainbusters 9:30 Lets Celebrate 9:45 Dr. Alex Hrdlicka on Czechoslovakia 10:00 Hollywood Barn Dance 10:45 Ted Fio Ritos orchestra 11:00 Everett Hoagland's orchestra 11:30 Harry Owen's orchestra 12:00 Transpacific news 12:15 Les Parkers orchestra TIDES AT PISMO BEACH TIMES AND HEIGHTS OF TIDE AT PISMO BEACH, CALIFORNIA, APRIL, 1938 Northbound Southbound (Guadalupe) 2:09 pm Day Local 3:55 pm pm Coaster 2:18 am (San Luis Obispo) 12:58 pm Daylight 1:12 pm 2:40 am Lark 3:00 am -M Runspt Limited 2-fl? am SUNRISE-SUNSET Times of sunrise and sunset at Santa Maria, for April, 1938, furnished by the U.

S. Coast and Geodetic Survey, 307 Customhouse, San Francisco. Day Sunrise 9 5:39 am io .5:37 am 11 5:36 am 12 5:35 am 13 5:34 am 14 5:32 am 15 3:31 am.

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Pages Available:
705,933
Years Available:
1882-2024