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Collection: Newspapers > Nevada City Nugget

January 3, 1938 (4 pages)

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By H. M. L. Jr. “COVERS RICHEST GOL D AREA IN CALIFORNIA pte in From the Californian, March 15, 1848: The Liberty of the Press consists the right to publish the Truth,~ wits good motives and for justifiable ends. ton > — Alexander Hamil An optimist looks toward 1938 with the hope that it will be a year in which the world will grow better. He hopes that before the year closes international strife will have largely subsided;. that the Spanish civil war will be settled and a peaceful government established; that Japan will someway slacken her monstrous aggression upon. China; that Russo-Japanese friction will not progress farther toward another war. The optimist hopes that the ‘dictators of the world, influenced by internal weakness and ‘poverty, will quit their Saber-clashing and ‘the stupendous armament race; that they will care once more for the regard of their fellow nations. The optimist, in his faith, hopes for a more humanitarian treatment of the subject peoples of dictatored countries. ‘For our country, the optimist hopes for a settlement of the strife in the house of Labor; for a tempering of the President’s attitude toward business, and for an increased spirit of cooperation, between labor, . business and government. The optimist hopes that the lesson of the present depression will speed cooperation and thus, recovering from this depression. The optimist even hopes that the budget will be balanced in 1939. A pessimist realizes that few of tthe hopes of the optimist will become Tealities in 1938. The long continued war in Spain may. be over. It is very. doubtful that, in the face of the ‘scorched earth’ policy and the threat of long drawn ® out guerilla warfare in China, Japan will have completed her conquest before the year is over. And the danger of war cs he C County Seat Paper NEVADA CITY, CALIFORNIA The Gold Cehter _MONDAY, JANUARY 3 1938. DEPOSITS, BANK OF AMERICA, NOW $1,357,000,000 SAN. FRANCISCO, Jan. 3. — All time high marks in deposits, total resourees and capital funds of Bank of America at December 31, 1937 have placed the institution on a higher footing even than in 1929. A year end statement of condition just released shows that on Decentber 31, 1937, capital funds stood at a total of $109,104,000, highest mark in the 33year history of the bank and an increase from $105,024,000 at the beginning of the year. This, it is stated, means that ‘all. capital funds which were called upon for absorption of depression losses have been reinstated, without the issuance of any new stock. On December 31, Bank of America deposits reached the historic mark of $1,357,000,000, an increase of $58,402.000 over the record of 1936. Earnings totalled $19,203,000, equal to $4.80 a share, and dividends paid out amounted to $8,800,000, ten per cent higher than the. year ‘before. There also was a special Christmas distribution of $400,000 to employes. $4,080,000 was added to surplus and undivided ‘profits after provision of $3.277,000 reserves for depreciation on banking premises, amortization of bond premiums, etc., and $2,646,000 reserves.set apart to re-. ' duce carrying value of assets. Total resources of the bank mainitained an upward trend and now between Japan and Russia erawy . progressively greater as the conquest , of China proceeds. As Japan consol-. idates ‘her gains in China, she is: forced to greater and greater ex. pense. She becomes progressively . weaker and, with huge fronts to pro. tect, more exposed to a Russian at-j; tack. It is quite ‘likely that in 1939. . fas she near completion of her con-. quest, Japan will reach an internat . crisis, and Russia will find it op. portune to attack then. How much of . the rest of the world would be drawn . into a Russo-Japanese war cannot be said, and it is Almost certain that . the fire-breathing “dictator enemies of Communism will not. stand aside while their ally is engaged by Red Russia. : ; The chance that Europe’s dictators will temper their judgments alt home and their policies abroad with the mellow spirit of humanitarism is negligible. By lies they have taught their people that there are in the world huge and powerful interests plotting for the destruction of the fatherland. Building on the peoples faith in these lies, the dicteators extracted continual sacrifices from their peoples to build huge armaments. It is too late now for them to turn back. Their lies have finally. become a reality. Continued arma-. ment races have resulted in two hveo hostile camips of war. Realists cannot believe that a lasting peace will ensue from this state of affairs. In’ our own country, hope for a conciliation between government and business has been dealt a heavy blow by the recent denunciation of business by Ickes and Jackson. It does not seem. likely that big business, al‘ready timorous, and now newly browbeaten, will see fit to re-employ in 1938 on the huge scale necessary to prevent a recurrence of depression. The year’ 1938-will probably see the United States sink further into debt: The possibility of a balanced budget grows daily more remote as increasing reports -of-shut-downs and layoffs are made public. _In short, 1938 does not offer us a rosy prospect. It promises to be a time of stress, and strain and change; a time of belt-tightening, of muddling through as well as can be done: a time when nations and institutions and social and economic orders will be put to a hard test. A. D, 1938 will go down in-history as a hard and trying year. It may hurt and change and challenge us. It won’t bore us. The California Water Authority, meeting last week, ‘approved a plan So store 4,500,000 acre feet of water ‘at. the Shasta Dam instead of the originally planned for 3,000,000. The larger water storage will develop a power output of 350,000 kilowatts as compared with the originally planned 260,000 kilowatts. The approval was asked by the United States Bureau of Reclamation” which — has: _ charge: of, construction. of the Sey * Valleys projete. stand at the new high of $1,493,373,. 000, a gain of 4.40 per cent for the year. Loans made by the bank also . increased $98,592,000 over the December 31, 1936, total. During 1937 the number of Bank of America branches in California rose to 491, serving 306 communities. Sixteen new branches had been added, extending the services of the bank to twelve new communities and augmenting . facilities in metropolitan centers. ESTIMATE, 17.000 Population of Nevada county, as of January 1, 1938, is estimated to be 17,000 according to California Taxpayers’ Association. This is an estimated increase of 6. 404 persons, as compared with the 1980 census figures of 10.596 persons. Total population of California estimated by the association As 6, 576,000 ao of January 1. Phe 1930 census showed the population of the State to be 5,677,251 persons. is Mrs. C. J. Tobiassen will entertain. members of the Willow Valley club at hér home Tuesday afternoon. This is the first meeting since the holidays and a happy time is anticipated. BIRTHDAYSI! —— Send a Greeting Your Friends. x : Se bo January 5, 1938 MRS. CLAYTON A. BENNETT High Street January 6, 1938 MARY BOREHAM . HAROLD J. HENDRICKS LEONA NOYES EMMA DANFORTH Nevada City January 7, 1938 JOE SCHEIDICK Nevada City January 8 _ FRANK ANGELINI Long Street January 9, 1938 -—LAURA JOYCE PRICE HELEN TREDENNICK KAGERER Nevada. City January 10, 1938: MRS. MINNIB SANDOW : Neyada City os en Birthday __— gee sae With the beginning of the New Year you are cordially invited to send in names of your friends and Telatives so that they.’ may: receive our Birthday creas +and Charles Leiter; chairmen of arFUND OF THREE © MILLION TO DRAW TOURISTS WEST SAN FRANCISCO, —A $3,000,000 campaign to bring tourists to the Western states in 1939— year of the Golden Gate Internation9 o Jan; al Exposition—gained momentum today following announcement that the United Air Lines will inaugurate its 40 passenger trans-continental plane service simultaneously with the opening of the World’s Fair of the West. : This announcement dovetails with plans of the 11 Western states, “pailroads, bus lines and air lines of the United States to make 1939 the greatest travel year in history. Nationaltravel -interests,togetiher with the Canadian Pacifie RailWays, are spending approximately $1,000,000 as their part in an advertising program to extoll tourist attractions of the West, coordinating their program with that of the western states, which are to spend $1,500,000 in addition to normal travel advertising expenditures. Principal travel and state officials of Western states were present at a recent Chicago conference when key tourist executives of the United States and Canada made the initial outline of the vast tourist campaign. “Reaction of all travel executives at the Chicago meeting was to work with the west in developing vacation type travel, with all-inclusive fares, pointing out in their advertising the ;numerous attractions in the west that New York cannot offer the visitors to her World’s Fair-in 1939,” declared Clyfe M. Vandenburg the Western Expisition’s director of promotion. Representatives of -the travel organizations, the Western states and the Golden Gate International Exposition agreed to further co-ordinate their forces by -holding a series of similar meetings between now and , the 1938 travel season. The first of} these was held in Spokane .November 18 and 49 and the second will. he} held in Denver shortly after January first. During 1939 the 40. passenger United airliners will make the flight from New York to the Pacifie Coast in approximately 11 ‘hours. With four motors and a crew of five, they will; eruise at 230 miles an hour, accord-. ing to Harold Crary, vice president in charge of traffic. “We believe the Exposition will be the greatest single factor to further the cause of commercial aviation in 1939.’ said Grary. ‘“‘Already we are laying multiple. schedules to accommodate the thousands we expect to fly to San Francisco to see tne World’s Fair.’’ plans for 1€ ELKS NEW YEARS ‘EVE IS GREAT EVENT The first annual New Years ev@& party of Nevada City Lodge of Elks, No, 518 will go down in Elkdom.as a huge success. A banquet and dancing were enjoyed throughout the evening. At midnight balloons were loosed, many . of them carrying numbers which en-. ititled the holder to a prize. The entire assembly had a joyous time seeing the new year in and the old year out. ° Mrs. Ruth Bonivert with a corps of assistants served a turkey and baked ham banquet, fit for a king, or better, fit for Elks and friends And—Hats off to Frank Ghidotti rangements. Among those who had engaged ‘tabbles were: Messrs. Hegarty, Davies, Pierce, Moulton, Fowler, Hoge, Schréiber, O’Neill, Burr, Kemper, R. V. Carr Finnegan, C. W. Leiter, Ghidotti, Schiffner, Willeson, Polglase and Oakes. : FUNERAL SERVICES SUNDAY Funeral services were held at the Holmes Funeral Home Sunday for Mrs. Etna Stewart Chaney. Rew. Charles. Washburn conducted the services. Interment was in Pine Grove cemetery. Acting. as pall bearers were L; Wanamake, Robert Loéke, J. Woods, Arthur Gauther, Steve Matteoda and Harry Silva: RESISTED OFFICERS, IS CHARGE Eugene. Richlin, charged with resisting. an officer in Grass Valley will have his preliminary hearing on’ Wednesday or Thursday in the just $80,000 Mortgage on
Mountaineer Bought by Dr. Mountaineer Mines was purchased by . Dr. Carl P. Jones Saturday and the transaction was recorded. Claude Stark of San Jose who held title to the property gave this mortgage to Peter Bendér cf Hamilton, Ohio in January 1932. The Bender fnterests were represented by Eawin C. Pierce, attorney cf Hamilton and Ernest J. arl P. Jones ‘The mortgage of $80,000 on the}sively worked in the ’90s.by Dennis and yielded several dividends to the stockholders. John N. on the head frame was erected, Becker was in charge of the mine from 1906 to 1911 at which time the property was closed. Just prior to itssclosing a shaft was raised from the 400 level to the surface north side of Deer Ceek, a the collar WELFARE COSTS NEVADA COUNTY ~ JUMP 27 PCT. The welfare case "gaae toes of Nevada . county increased 27.8 per cent be= tween January and October of 1937, going from Re of 317 persons im January to 405 in October, accord— ing to a study of the relief burdem of California counties, made publie by California Taxpayers’ Association. The welfare ¢ase load of the county includes those persons receiving aid to.the needy aged, the blind, orphans and the “unemployable” indigent. The number of persons receiving aid to the needy aged increased from 168 — which Heiser Trust Officer of the Second National Bank of that place, who arrived in Nevada City Wednesday. The Mountaineer embraces some twélve claims, 7000 feet in extent of the Champion group of claims and the west boundlies--between ary of Nevada City and along the Orleans-Gracie vein from the summit mine to the claim of Wm. ‘Chappel at Gold Flat. The Fortuna, or Summit shaft, now Nevada City Gold Mines part of the latter system. 3700° fee being unwatered by the J. M. Hoff interests, th inc.; is a of the shaft was concreted and preparations made for. extensive operations, but nothing ‘further was done with the property. John Becker went to South Africa, and after 25years spent in the mines-at Johannesburg and the Betgian Congo returned to ‘ Nevada City to reside this last year. With the exception of the underground development near Deer Creek but little work of any importance has taken place along the full extent of this property. The Summit shaft is but 400 feet in depth with very little lateral de-e where the car may be tentive driver. The principal development on the Mountaineer vein has been through a shaft on the vein 1200 feet in depth which was sunk from a point in the old. drain tunnel 870 feet from its mouth. The upped levels were extenINATTENTION IN DRIVING CAUSES { ~ MANY CRASHES) Driving is a full time job. This truth forcefully demonstrated by the fact that last year something like 2000 motorists in California drove off the road for no} other apparent reason than inattention to the job of driving, it is points ed out in a statement by the public . safety department of the California! State Automobile Association. “Driving off the road has a place high the list of traffie ‘accident causes in this state.’’ the statement continued.’ ‘“Theé chief reason-why anyone drives off the road is inattention; in other words, driving but thinking of something else. = “The really thoughtful driver, good citizen careful of his own safety and that of others, keeps his eyes on the road, his hands on tne wheel, and every faculty centered on driving. “Tnaitention. betrays its victims into edging over the white lines, sideswiped; . causes them to hit persons on the sidewalk as they back out of their . driveways; to bump the car ahead . when it stops suddenly; to Tun, through traffic signals. and boulevard stops. “Attentive drivers seldom have accidents. Driving with their eyes on the road and looking far enough ahead of their radiators, they are prepared for and can meet emergencies that bring disaster to the inatis on the “Attentive drivers realize that a certain fraction of time elapses between the decision to apply brakes ‘nothing: velopment. It was last worked about 1896 under the direction of Geo. A. in January to 245 in October; the blind case load went from 8 in January ta 9 in October; orphans totalled 61 in January and 84 in October; while the indigent case lowed went from 80 in January to 67 im October. \ The increase in the welfare case. load of ithe county is sharply reflected in’ the budget allowances of the county for welfare, which totalled $126,600 for the year 1937-38, as compared with welfare expenditures by hte county for 1936-37 of $9,278, the association pointed out,’ z Taking the state as a whole, the welfare case load went from 133,094 Nihell and was closed on account oe for January to 157,853 for October, the inability to handle the flow of . ‘an increase of 18.6 per cent, the aswater with steam, which was the . sociation stated. Needy aged persons .~ only available power at that time. i receiving relief increased from 65,—The mine however has yielded some 755 in January to 89,168 in October excellent ore and specimen rock. . a 35.6 per cent increase. The number The Mountaineer -has had rather, of persons receiving aid to the blind a_hectic career since its closing In . increased from 4,542 to 4,962, or 1911. It was first bonded by Peter; 9 9 per cent. The indigent case load Bender to Claude Stark on January! 6, 1937, and for the past eleven years! from $150,000 to $250,000 at least: seven times, according to to the re--; ,is 3 <> going from has-been optioned for sums varying oa; the only one which has decreased, 38.733 in January to 5.100 in October, or a 9.4 per cent decrease. “Relief has become one of _ the cords at the recorder’s office. On ac. major costs of government in Cali-+ j cdunt of the severe terms imposed . . fornia today,’ the association del by the parties holding the property . clared, pointing out that the increashas been accomplished until the work now being done by the! Hoff interests, was begun. Just what effect the present deal qwill--have. on the .present_operations at the Summit mine is hard to determine at this time as the Nevada City Gold Mines will have a least a years time in’ which to redeem the morties in expenditures for this purpose are directly reflected paid by every Californian. . NORTH-STAR SHAFT. in the taxes "NEARS 10,000 FT. LEVEL gage. Champion-Providence some 500 acres, tire . covering under 4+-territory extending from ‘the west . feet which will make boundary of Nevada City for almost) shaft 10,000 feet deep. The new winze a mile. This includes the more prom-. is. outside the vein but cross cutting Champion, Providence, Mountaineer and Orleans besides a number of inent Wyoming, Home, vein systems, intermediate veins. ereat area of fissuring, which has never been bottomed, and which has already yielded, it is estimated, over tractive field for some well financed company who are prepared to carry ahead an intensive development plan. MRS. ROSE ZANOCCO Mrs. Rose Zanocco, aged 78 years, Dr. Jones, who already has the en-! group . . district has progressed 135 feet benow has . low his control practicaly all the; derstood plans call for sinking 400 The potential possibilities of this $20,000,000 in gold, should be an atSUCCUMBS THIS MORNING native.of Italy, passed away at. 6:30 Sinking in the incline winze in the North Star mine in the Grass Valley the 9,600 foot level. It is unthe incline will be done to contact the ledge in the foot wall. Values hold up in other workings at depth in the property and it is expected the same will be found in new development. The men are working a mile below the surface which is a half mile below sea level. This is considered the deepest gold mine in California. It is this property that has the famous old Kate Hayes whistle, In. gold rush days a ship the Kate Hayes a side wheeler steamer, made the -trip around Cape Horn from New York. ItK was anchored in San Francisco bay. A Grass Valley miner on a vacation in San Francisco conceived the idea of swiping the schooner’s horn ‘and taking ithome with him to in-~ stall at his mine the North Star, ‘ where, he was employed. well, the whistle was brought to All went: and the act itself; ‘reaction interval’ that during this a car driven at only 30 miles per hour will travel about 33 feet, then 40 feet more afr ter the brakes are applied. o’clock this morning. She has resided in Nevada City and Grass. Valley the last 25 years and is a step mother of Jake Zanocco of Nevada City. The body is at Holmes Funeral Grass . N. LD. RESERVOIR "in Willow Valley have been served Lice court of Grass Valley. “At night, attentive drivers’ do not let their speed imcrease to a_ rate greater than will permit them to stop within the range of their. headlights.”’ : FOR WILLOW VALLEY The N. I. D. started work today on the’ Willow Valley Reservoir which will serve the residents of Willow Valley. The reservoir is on the Lewis land just above the Chaz les Genasci plate The householders water by the NID for the past few weeks and are very happy at Dagens ‘the service. This service of the NID also permits a measure of fire protection for the, residents of this section. Already ‘a fire* hydrant has been placed on the . H. FP. Sofge place and one on the W. W. Davis place also. The _Water presHome and services will be held in the Holmes chapel at 2 o’clock Wednesday afternoon, January 5. Father J. P. O’Reilly will officiate and interment will be made in the Catholic cemetery. SHERIFF TOBIASSEN T0 BE ROTARY SPEAKER Sheriff Carl Tobiassen will be the speaker at the Rotary club’s luncheon next Thursday.~He will discuss the prevention of crime. Chairman of the day will be Andrew Larsen. CRUSHED ROCK ON STREETS The city street department is continuing with improvements in different sections of the city. Truck loads of fine crushed rock are being hauled to Boulder street to fill in badly wasited strips_of street between the Jiving in Grass. Valley, was ed at the mine at the time. "The Kat Hayes whistle remains at the mi Valley, installed and to his, delight: when he gave the first heavy blasts all miners and men. employed on ‘the surface were frightened and. came running to see what had es pened. The father of Herbert Mitchell now employand is blown several times a day. Tt can be heard on clear cool days a8 faor as French Corral and Nort San Juan, mining towns on the Sa Juan—ridge, many miles north 4 Grass Valley. This mine has been in almost ¢ co tinuous operation, since gold days or first discovery of quartz . and has produced millions. stated J. Bourne, successful op or of the property for years, § if his men produced a million ** for him he was content property succeeded in ¢ ‘his pester ev _ SLATE CASTLE terial pape new sidewalks and pavement. This strip will be: paved 1 next nora sure is about 40 pounds. Thursday for