December 6, 1935 (8 pages)

-. from abroad and an increase in bank , PAYROLL, T INCREASE — In the “Monthly Review of Busi: mess Conditions” of the Federal Reserve Bank of San Francisco an interesting summary of national conditions, prepared by the board of governors of the Federal Reserve System states that industrial production increased more than seasonally in October and there was ‘also a considerable advance in fac-. tory employment,and payrolls. There was a continuous inflow of gold )YME deposits. INDUSTRIAL PRODUCTION AND \ EMPLOYMENT Volume of output at factories and mines, as measured by the Board‘s seasonally adjusted index of indus . trial production, increased from 89 per cent of the 1923-1925 average in September to 94 per cent in October . reflecting larger output in a wide} range of industries. Automobile ; ‘ production, which had been at a low} level in September when ‘prepara: . tions were being made for the manufacture ‘of new —models, _intreasea rapidly during October and the early part of November. At steel mills, activity increased slightly in this period contrary to the. usual seasonal tendency, and in the third week of November was at: about 54 per) cent of capacity. Lumber production . showed little change. Among the_industries producing nondurable manufactures, the principal changes in output were increases of considetably more than the usual seasonal amount at cotton mills, woolen mills, and meat yacking establishments. At mines, output of bituminous coal was in larger volume than in other recent months and output of crude petroleum continued to increase. : Factory employment, which ordinarily shows little change at this season, increased considerably between the middle oft September and ‘the middle of October, reflecting substantial increases in the industries producing durable manufactures. The most marked expansion was in the automobile industry and there were smaller increases at railroad repair shops and in the iron and steel, machinery and nonferrous metals industries. Employment at canning factories showed a considerable decline, largély of a seasonal character. Total value of construction con‘tracts awarded, as reported by the F. W. Dodge Corporation, showed a . increased further by — NEVADA CITY NUGGET _ considerable increase in October, . * ‘followed by a slight decline in the first half of November. In this sixweek period total contracts were substantially: larger than a year ago reflecting marked increases both ADD TO PRODUCTION PAYROLL in residential building and in other types of construction, but the volume is still at a relatively low level. DISTRIBUTION Railroad * eight car loadings increased by a considerable amount from September to October, reflecting principally larger shipments of coal and miscellaneous freight. In the early part of November,car loadings were at a lower level than in October, chiefly as a consequence . of seasonal development. Department . store sales, at this season, showed little change which usually increase from September to October on a daily average basis, and the Board’s seasonally adjusted index declined from 81 per cent of the 1923-1925 average to 77 per cent. COMMODITY PRICES, The general level of wholesale commodity prices, as measured by the index of the Bureau of . Labor statistics was slightly lower in October and the early part of November than in the latter part of September, reflecting reductions-in the prices of farm products and foods offset in part-in the index by an advance in prices of other commodities, particularly hides and leather products, and textiles. Prices of hogs and pork showed a decrease, as is usual at this season, while cotton advanced. ; BANK CREDITS Excess reserves of member banks $190,000,000 during the five week period ended November 20, reflecting a continued inflow of gold from abroad. At the end of the period excess reserves were at'a new high level of over $3,000,000,000. Total loans and investments of reporting. banks in 101 leading cities increased by $190,000,000 during the five weeks ended November 20, reflecting principally an increase in holdings, of United States Government securities. Adjusted demand deposits of these banks showed an increase.af $550,000,000 for the period. The call money rate on New York Stock Exchange loans was ‘increased from 1-4 of 1 per cent to 3-4 of 1 per cent in the last week of October. At the same time the rate on time loans was increased from 1-4 of 1 per cent.to 1 per cent, but few Joans have been made. Other money FRIDAY, D (CEMBER 6, 1933. anaemia pe aT ~ SOCIAL EVENTS % 2 8 8% Birthday Party for Margaret Wyant . Mr. and Mrs. Charles B. Wyant, were hosts, Monday evening, to a group of young people, in henor of the birthday of their daughter, Margaret. Invited to greether were: Misses Fern McClure, Cecelia Woods, Marjorie Masterson, Evelyn Bailey, Katherine Glennon, Mr. and Mrs. Wyant and the guest of honor, Margaret Wyant. Dinner was sérved at the diien: rock Cafe, and after dinner, the guests enjoyed an evening at the home of Mr: and Mrs. Wyant, where various games were played. Methodist Ladies Send Goodies to Orphans Thirty members of the Woman's > ‘Missionary’ Society of the Methodist church were present Wednesday afternoon in the. church parlors, to enjoy an informal program and parbirthday cakes adorned the artiStically arranged luncheon table honoring members whose birthday had oecurred since the last meeting. vere! quite completed filling their barrel of canned fruits for the Beulah Rest home in Oakland. Members of the Ladies Aid Society are also sending a barrél of jams and jellies to the Methodist orphanage in San Francisco. The society has made many articles of fancy work for its public bazaar which will take place next Wednesday evening. A fine dinner is to be served that evening in the church parlors at 5:30. Mrs. Raglan Tuttle to Read at Civic Club . The Nevada City Woman’s Civic Club will hold a program meeting at the Brand Studio on Monday evening at.eight o’clock. The program of the evening will consist of community singing and a reading by Mrs. Raglan Tuttle. Bach club member is privileged to bring a guest to Monday’s meeting and it is hoped that every member will be present. Mrs. C. E. Parsons, chairman of the refreshment committee requests that each member bring a cup and spoon for herself and guest. rates have remained at former low levels. beautifully decorated: Banner Mt. Auxiliary Plan Christmas Fete __ Banner Mt. Post, V. F. W., Auxiliary members have set December 20 for their Christmas tree ana party in Pythian Castle. The tree will bear gifts for children of veterans and ayxiliary members. An interesting program is being arrangea. Mrs. A. J. Haddy, Mrs, Al Williams and Mrs. W. E. Young are among those on the committee for the evening entertainment. Thimble Club Gives Card Party The Thimble Clug auxiliary of the Champion Circle, gave a public cara party and bazaar last evening in Pythian Castle. It was the regular meeting of Champion Circle and the delightful affair was well attendea. Beautiful prizes. were awarded for scores made at cards. Many’ choite pieces of faney work were sold from the fine display of aprons, Scarfs, quilts, bunnies, etc. Mrs. O. E. Bettcher \Is Club Hostess The Missionary Society have not: Mrs. O. E. Bettcher entertained the members of the Willow Valley Club at her attractive home northeast of the Nevada City limits on the GOLD FLAT QUILTING CLUB Mrs. James Ryan of Gold Flat most charmingly entertained members of the Gold Flat Quiliting Club Wednesday afternoon. Several hours were spent in faney work after Willow Valley road, Tuesday. There were about a dozen members present for a most delightful time. Mr». Frank Scott was taken in as a new member. The néxt meeting will be held at the home of Mrs. Carl J. Tobiassen, Tuesday, December 10. which a délicious feast was enjoyThose present for the happy affair were: Mesdames Mary Roberts. Solon Chatfield, Martin Dellea, Lacy Jones, B. Laughlin, Jay Roberts and the hostess. Mr. Wade Armstrong ,»who left Nevada City, November 12, for the Hawaiian Islands is spending a few days in San Francisco before ‘returning home. a elie . CHRISTMAS CANDIES Dixie Dixon and Carol Stevens FINE CANDIES Lyons Glace F ruit—Gift Wrapped Step in for a cup of Chocolate or Coffee while Shopping. : THE BLUEBIRD Crave Valley 110 Mill Street Bring this ad with you. Bluebird Fountain. It is good for 10 cents at the .OALE. 30 per cent to 50 per cent "= RIN 105 MILL STREET Reduction on Our Entire Stock. NA RUTH SHOP GRASS VALLEY, CAL. . CHRISTMAS GIFTS Beautiful, Useful, Needed In Every Household ‘The Very Things You Have Longed For. Between Now and Christmas Day Any Enterprising Boy Or Girl, Woman Or Man With A Little Time To Spare Can Earn: A New-Star-Rite Magic Maid Beater, Mixer, Extractor—Value $18.00 The World’s Greatest Kitchen Helper. : Given away Free with 18 new subscriptions to the Nevala City Nugget. Automatic Two-Slice Toaster—Value Given away Free with 11 new subscriptions to the Nevada City Nugget. Set of Two Oven Bake Bowls, or, one Novelty Keg-o-Lamp. Value $1 Given away Free with one new subscription to the Nevada City Nugget. a Elton Wrist Watch, rolled gold top—Value Given away Free with 5 new subscriptions to the Nevada C ity Nugget. Whistling Tea Kettle, Satin Ray Aluminum—vValue Given away Free with 2 new subscriptions to the Nevada C ity Nugget. Boudoir Clock, Chrome Plate Finish, Square Model—Value $2.00 Given away Free with two new subsci ‘riptions to the Nevada C ity Nugget. As a special Yule Tide concession, when any old subscriber pays his subscription to date and takes out a subscription, for a year in advance, it will be counted as a new subscription. These Christmas Gifts will be delivered to any one who brings in the requisite cash subscriptions on the day the subscriptions are received. f THE NEVADA CITY NUGGET Published twice a week, Mondays and Fridays, anddelivered by carrier to all subscribers in Nevada City. _ THE PRICE OF ONE YEAR’S. SUBSCRIPTION IS $2.50 — SEE THE DISPLAY OF THESE BEAUTIFUL GIFTS IN THE WINDOWS OF . THE NEVADA CITY NUGGET

-. from abroad and an increase in bank , PAYROLL, T INCREASE — In the “Monthly Review of Busi: mess Conditions” of the Federal Reserve Bank of San Francisco an interesting summary of national conditions, prepared by the board of governors of the Federal Reserve System states that industrial production increased more than seasonally in October and there was ‘also a considerable advance in fac-. tory employment,and payrolls. There was a continuous inflow of gold )YME deposits. INDUSTRIAL PRODUCTION AND \ EMPLOYMENT Volume of output at factories and mines, as measured by the Board‘s seasonally adjusted index of indus . trial production, increased from 89 per cent of the 1923-1925 average in September to 94 per cent in October . reflecting larger output in a wide} range of industries. Automobile ; ‘ production, which had been at a low} level in September when ‘prepara: . tions were being made for the manufacture ‘of new —models, _intreasea rapidly during October and the early part of November. At steel mills, activity increased slightly in this period contrary to the. usual seasonal tendency, and in the third week of November was at: about 54 per) cent of capacity. Lumber production . showed little change. Among the_industries producing nondurable manufactures, the principal changes in output were increases of considetably more than the usual seasonal amount at cotton mills, woolen mills, and meat yacking establishments. At mines, output of bituminous coal was in larger volume than in other recent months and output of crude petroleum continued to increase. : Factory employment, which ordinarily shows little change at this season, increased considerably between the middle oft September and ‘the middle of October, reflecting substantial increases in the industries producing durable manufactures. The most marked expansion was in the automobile industry and there were smaller increases at railroad repair shops and in the iron and steel, machinery and nonferrous metals industries. Employment at canning factories showed a considerable decline, largély of a seasonal character. Total value of construction con‘tracts awarded, as reported by the F. W. Dodge Corporation, showed a . increased further by — NEVADA CITY NUGGET _ considerable increase in October, . * ‘followed by a slight decline in the first half of November. In this sixweek period total contracts were substantially: larger than a year ago reflecting marked increases both ADD TO PRODUCTION PAYROLL in residential building and in other types of construction, but the volume is still at a relatively low level. DISTRIBUTION Railroad * eight car loadings increased by a considerable amount from September to October, reflecting principally larger shipments of coal and miscellaneous freight. In the early part of November,car loadings were at a lower level than in October, chiefly as a consequence . of seasonal development. Department . store sales, at this season, showed little change which usually increase from September to October on a daily average basis, and the Board’s seasonally adjusted index declined from 81 per cent of the 1923-1925 average to 77 per cent. COMMODITY PRICES, The general level of wholesale commodity prices, as measured by the index of the Bureau of . Labor statistics was slightly lower in October and the early part of November than in the latter part of September, reflecting reductions-in the prices of farm products and foods offset in part-in the index by an advance in prices of other commodities, particularly hides and leather products, and textiles. Prices of hogs and pork showed a decrease, as is usual at this season, while cotton advanced. ; BANK CREDITS Excess reserves of member banks $190,000,000 during the five week period ended November 20, reflecting a continued inflow of gold from abroad. At the end of the period excess reserves were at'a new high level of over $3,000,000,000. Total loans and investments of reporting. banks in 101 leading cities increased by $190,000,000 during the five weeks ended November 20, reflecting principally an increase in holdings, of United States Government securities. Adjusted demand deposits of these banks showed an increase.af $550,000,000 for the period. The call money rate on New York Stock Exchange loans was ‘increased from 1-4 of 1 per cent to 3-4 of 1 per cent in the last week of October. At the same time the rate on time loans was increased from 1-4 of 1 per cent.to 1 per cent, but few Joans have been made. Other money FRIDAY, D (CEMBER 6, 1933. anaemia pe aT ~ SOCIAL EVENTS % 2 8 8% Birthday Party for Margaret Wyant . Mr. and Mrs. Charles B. Wyant, were hosts, Monday evening, to a group of young people, in henor of the birthday of their daughter, Margaret. Invited to greether were: Misses Fern McClure, Cecelia Woods, Marjorie Masterson, Evelyn Bailey, Katherine Glennon, Mr. and Mrs. Wyant and the guest of honor, Margaret Wyant. Dinner was sérved at the diien: rock Cafe, and after dinner, the guests enjoyed an evening at the home of Mr: and Mrs. Wyant, where various games were played. Methodist Ladies Send Goodies to Orphans Thirty members of the Woman's >

‘Missionary’ Society of the Methodist church were present Wednesday afternoon in the. church parlors, to enjoy an informal program and parbirthday cakes adorned the artiStically arranged luncheon table honoring members whose birthday had oecurred since the last meeting. vere! quite completed filling their barrel of canned fruits for the Beulah Rest home in Oakland. Members of the Ladies Aid Society are also sending a barrél of jams and jellies to the Methodist orphanage in San Francisco. The society has made many articles of fancy work for its public bazaar which will take place next Wednesday evening. A fine dinner is to be served that evening in the church parlors at 5:30. Mrs. Raglan Tuttle to Read at Civic Club . The Nevada City Woman’s Civic Club will hold a program meeting at the Brand Studio on Monday evening at.eight o’clock. The program of the evening will consist of community singing and a reading by Mrs. Raglan Tuttle. Bach club member is privileged to bring a guest to Monday’s meeting and it is hoped that every member will be present. Mrs. C. E. Parsons, chairman of the refreshment committee requests that each member bring a cup and spoon for herself and guest. rates have remained at former low levels. beautifully decorated: Banner Mt. Auxiliary Plan Christmas Fete __ Banner Mt. Post, V. F. W., Auxiliary members have set December 20 for their Christmas tree ana party in Pythian Castle. The tree will bear gifts for children of veterans and ayxiliary members. An interesting program is being arrangea. Mrs. A. J. Haddy, Mrs, Al Williams and Mrs. W. E. Young are among those on the committee for the evening entertainment. Thimble Club Gives Card Party The Thimble Clug auxiliary of the Champion Circle, gave a public cara party and bazaar last evening in Pythian Castle. It was the regular meeting of Champion Circle and the delightful affair was well attendea. Beautiful prizes. were awarded for scores made at cards. Many’ choite pieces of faney work were sold from the fine display of aprons, Scarfs, quilts, bunnies, etc. Mrs. O. E. Bettcher \Is Club Hostess The Missionary Society have not: Mrs. O. E. Bettcher entertained the members of the Willow Valley Club at her attractive home northeast of the Nevada City limits on the GOLD FLAT QUILTING CLUB Mrs. James Ryan of Gold Flat most charmingly entertained members of the Gold Flat Quiliting Club Wednesday afternoon. Several hours were spent in faney work after Willow Valley road, Tuesday. There were about a dozen members present for a most delightful time. Mr». Frank Scott was taken in as a new member. The néxt meeting will be held at the home of Mrs. Carl J. Tobiassen, Tuesday, December 10. which a délicious feast was enjoyThose present for the happy affair were: Mesdames Mary Roberts. Solon Chatfield, Martin Dellea, Lacy Jones, B. Laughlin, Jay Roberts and the hostess. Mr. Wade Armstrong ,»who left Nevada City, November 12, for the Hawaiian Islands is spending a few days in San Francisco before ‘returning home. a elie . CHRISTMAS CANDIES Dixie Dixon and Carol Stevens FINE CANDIES Lyons Glace F ruit—Gift Wrapped Step in for a cup of Chocolate or Coffee while Shopping. : THE BLUEBIRD Crave Valley 110 Mill Street Bring this ad with you. Bluebird Fountain. It is good for 10 cents at the ..OALE.. 30 per cent to 50 per cent "= RIN 105 MILL STREET Reduction on Our Entire Stock. NA RUTH SHOP GRASS VALLEY, CAL. . CHRISTMAS GIFTS Beautiful, Useful, Needed In Every Household ‘The Very Things You Have Longed For. Between Now and Christmas Day Any Enterprising Boy Or Girl, Woman Or Man With A Little Time To Spare Can Earn: A New-Star-Rite Magic Maid Beater, Mixer, Extractor—Value $18.00 The World’s Greatest Kitchen Helper. : Given away Free with 18 new subscriptions to the Nevala City Nugget. Automatic Two-Slice Toaster—Value Given away Free with 11 new subscriptions to the Nevada City Nugget. Set of Two Oven Bake Bowls, or, one Novelty Keg-o-Lamp. Value $1 Given away Free with one new subscription to the Nevada City Nugget. a Elton Wrist Watch, rolled gold top—Value Given away Free with 5 new subscriptions to the Nevada C ity Nugget. Whistling Tea Kettle, Satin Ray Aluminum—vValue Given away Free with 2 new subscriptions to the Nevada C ity Nugget. Boudoir Clock, Chrome Plate Finish, Square Model—Value $2.00 Given away Free with two new subsci ‘riptions to the Nevada C ity Nugget. As a special Yule Tide concession, when any old subscriber pays his subscription to date and takes out a subscription, for a year in advance, it will be counted as a new subscription. These Christmas Gifts will be delivered to any one who brings in the requisite cash subscriptions on the day the subscriptions are received. f THE NEVADA CITY NUGGET Published twice a week, Mondays and Fridays, anddelivered by carrier to all subscribers in Nevada City. _ THE PRICE OF ONE YEAR’S. SUBSCRIPTION IS $2.50 — SEE THE DISPLAY OF THESE BEAUTIFUL GIFTS IN THE WINDOWS OF . THE NEVADA CITY NUGGET