{ title: 'The Lackawanna news. (Lackawanna, N.Y.) 19??-1933, August 13, 1931, Page 6, Image 6', download_links: [ { link: 'http://www.loc.gov/rss/ndnp/ndnp.xml', label: 'application/rss+xml', meta: 'News about NYS Historic Newspapers - RSS Feed', }, { link: '/lccn/sn95071106/1931-08-13/ed-1/seq-6/png/', label: 'image/png', meta: '', }, { link: '/lccn/sn95071106/1931-08-13/ed-1/seq-6.pdf', label: 'application/pdf', meta: '', }, { link: '/lccn/sn95071106/1931-08-13/ed-1/seq-6/ocr.xml', label: 'application/xml', meta: '', }, { link: '/lccn/sn95071106/1931-08-13/ed-1/seq-6/ocr.txt', label: 'text/plain', meta: '', }, ] }
Image provided by: Lackawanna Public Library
,-Q:-';\.. 4;». .~' 4-: “,l\.-‘»~='-=:».-*.-». 2 :3 ‘\j1_‘~'~§¢\r \n :, {v?5Li\ xvii . V»/‘u '. 3(m__,~ \ .44}: AA, .-v. “'3' v * »..4._ 12: P‘. '4'; v U £2 .'A‘| V‘ ‘:1 sg News. 11!, Aux‘. 11.33 -19311 .' ‘ ':,‘v~:.:.,_. ~;<,: » ,._; '1 1.7-; : .-U1\-E.‘ I‘ “W .§._:».«,_.f£j{;\ v -. ;v, .«.-.- : ; “-','».t.‘f¥:I ff’ T395\ 3‘? . -«,3: .:;»'.r“,\’*Aj -\ w'- G‘. a\<-1' STATE or NEW Y0lviR—DEPAB'1‘MEN‘l‘ or CONSERVATION MANY A'l',‘l‘l}ND x. or c Wank ‘Power and Control 'comr‘nI;§lon FIRST LADIES‘ ,N,x\c.u'r VVH-Y PAY‘ RENT ALL YOUR LII-‘E WHEN YOU CAN OWN A -BEAUTIFUL HOME FOR $500_ AND BALANC-E Lnu-: RENT ERIC]-2 $6,000; BRAND NEW MODERN HOME . -on FRANKLIN ;s'rnr-:51‘ IS A REAL ;BA<RGA_lN.; son A 31-pu=oRM_T».noNLA CALI. V KLEINA HEGEDUS CO. «-1 nine: ROAD ABBOTT ooox nxgttemr ot_ appylcatioil cf W§$'lfERN ‘NEW YORK “IATER COM- PANY. *4 xu, :3; ' ‘ f~;‘J Several tram Lackawamna attended the Hamburg Council No. 2220, -Knights of Columbus first ladies night Tuesday. Auuat. '11, at their clubrooms in P‘erce .5:\§e: ~.g,;:z.‘_ .=, :1 '_»’-..f“ ‘V ’ ~.~’.\ >1 , Notice is hereby g:veu. that. pursuant to Section 523. meme XI, of «the cou- PVBLIC NOTICE‘ aeration Law, -the Water ?0wer and (annual commission W111 meet in the silica at Western New York Water oom- pauy. No. 11 Niagara street. in the -‘City at Buxtaio on the 27th dély 61‘ August 1031. at 10:00 o'clock, (Daylight Saving ilixe) in the foreuoon or that ‘day for the PU-|‘P0Se rzi iwaruzg all penaonb. waterworks corporatuohs. ihunicipai cm‘- pomtions or 'ot.her o‘.v;l ciivisiohs oi the sum: of New York that may be aiitect/:0 by the cxeautnon or the ‘plans 0! the company for securing a new and add!- Houal supply of water. plans for which have been med with the Water Po\\ve!\ and Control conmus~*.on. at its office in Abauy. N. Y., where the game are open’ la public inspection. and for the pur- pane of deterxmmug whether sand pl.a.:1s use jusriilied by public necessity. whether they provide for the proper and site constrnictlon of all work connected therewith, whether they provide foe the‘ ‘proper prtnectzioxr oi the supply and vmaenshed from contamination or pm- yide for mhe proper filwatzion oi snail addmunal supply. and whether the tune are just and eqxxiizabie '10 the other mxxmctpaimies and civic divisions of the State of New York and to the inhnhiiczmts nhereof affected. thereby. uni -whether slid plnns make tuir and equitable provisions for the dieberxninxu won and payinent. or any and all legal danm.gc-5 to persons and pmperty, both diam: and indirect. wh.ich will «result tmm the execution -theréof. B W330. V Lvf :%“'5.r Wnue the meeung was m session the ladies were entertanzed on the lawn with a_ lawn party, cards. entermlnment and lunch. THIS HERE Mr James C:-awfoid was ch'ah'mnn. GENERAL :BUSlNESS \CONDITIONS , From the Monl Bank Letter for August luuad by The National City Bank of Nov York j « HE German crisis ; T has had a restraining e upon hopes that Autumn business expansion might be more rapid or greater than «usual, the -‘monthly review of business pub- lished by The National City ‘Bank of New York declare The re- view points out that Germany is ‘the third largest buyer of Amer- ican goods. and that the eifects of her dimculties in varying ways and degrees extend over the world. dustries these are the chief‘ sup- port ofbusiness-both as to volume and pro at ‘the present time. The ‘heavy industries, however, are down and ‘the ‘amount of their contribution to the business total is so great that the composite seasonally adjusted indexes which measure activity have declined, after due allowance! for the usual summer recession. Some have found a. new statisticai bottom for the depression, below even their December-January level.” caused by the European crisis and by such unfavorable news as the deferment of ‘pay- -ments on ‘Chilean bonds, which is signi of the problems cxeebed iii the debtor nations of -Latin America by shrinking government revenues and the Ji of ob- taining foreign exchange,” the review continues. '1 5.\: ‘T4? v\:’«.‘ ‘£2 '3 ‘v\» -«*3 ‘:-5?. After reviewing completely the German situation, the re- view calls attention to the resolu- tion, of the London conference to create an inquiry committee to .study the possibilities of ‘convert- ing a portion of the short-term credits into long—term credits. On this subject the review says: “Under existing conditions the German problem clearly is that of maintaining short-term credits rather than of obtaining conver- sion into long-term obligation. In view of the price: now prevail‘- ing for Germen bonds in all markets the suggestion of ‘long- term credits must be relsrded as impracticable until the credit status of Germany is more de nitely established. ‘It is hardly to be supposed t‘u..‘:‘new long-term credits can be negotiated which will be subordinate to the obliga- tion to make reparations pay- ments. When the first German loan was under the Dawes Plan, for the purpose of providing funds for establishing the new Reichsbank and currency system, the bonds were made a speci first charge on all payments pm- vided for under the plan of tie Dawes committee to or for the ac- count of the Agent-General for Repnration Pa ymen ts , =uch charges being prior to r-immtion and other treat); p:x_vnienl=..\ I. Y V .3’? ‘.1 § , “There is no reason to fear that business revival will be compelled to wait for complete removal of all the obstacles opposed t» it, for necvssities must be supplied and trade goes on despite ‘handicaps and over barriers, and the mill‘« enium of a perfeétly organized world whose people always behave rationally is not within reach. Nevertheless, the monthls foreign news offers disappointing evidence of the seriousness‘ of the dim- culties which remain to be dealt with, after nearly two yexrs, of depression and of the problems to be solved in restoring world trade end international capital move- ments to normal. The review adds that the sen- sonal decline in retail trade is evi- dent this year as usual, but that the‘ ‘iolume of goods sold ‘by the only stores for which are available —— department and‘ chain stores -— -has continued to run ahead of last year, though .dollar sales have been smaller. Based on its compilations, the bank reports that aggregate net pro after all charges but ‘be- fore dividends, of 325 industrial and merchandising corporations for‘ the first half of the current year, amounted to approximately $353,000,000, against $639,000,000 for the same period of last year, It decline of 45 per cent. Com- pared with the same period two years “ago, the decline amounted to 62 per cent. The execuvlon of such plans may at- tect lands situate m the county of Eric. may also a1‘~fec: the flow of warm in stnnms ! n.m~ through or un- dugmuud waters an the county of I-11-ie. the tiparmn rtghtt. on .=md..at,res.Ins. and also the warm‘ right» of said ‘stmnms All persons. xvntemorks corporations, nlumcnpal corporzuu.-n.s or other crlvul divisions of the state of New York. who have obje-ctmn to the execution of said plans. 'in order to be heard thereon, must me such objections the;-am in writing 111 the office of the Water Power and Ccmtrol commission in the City of !ubzmy_ N. Y. on or before the 26th dav of August 1931. Every objection so ! must particularly specify the grounds ‘thereof. No person. wmm-xvorks or municipal urpcmmou or local authority can. he heard in oppnsztmu thereto except: on g so filed. nutad. Albany, N’ ‘x'.. Aug. 4. 1-981 WATER POWER AND CONTROL OOJ5. Y \' »§ .5. J , -2 51 3‘? ,\ ' H A H3»: ‘ ‘r :8 ; 'X. 5 1 3.» ., _‘..;, I ’,~.‘:‘~‘ e 3 zvia “Under this sobering view of world conditions the ‘stimulus given to the markets by the mor- atorium proposal has been largely lost during July and business has been generally dull. The of necessary needs for articles of everyday use enalgles the indus- tries which supply those wants to make a goodyshowing. On shoes, woolens, silks, rayons, cotton goods -and tires, ‘production has come a long ways from the bottom . and has been running larger than “La year ago. Among the major in- ‘The review notes that the stab- ility of the domestic money market was not disturbed during July and that little of an event- ful nature occurred despite the critical developments which brought sharp advances in rates in many foreign countries. “The foreign section of the bond market during July re the shock to investment confidence White ~ story and Jack Holt presented ning Satur actrcamve rect from t- headed by F\ P Wxllmms. Secn=txu'y to the Commission. Aug. 13-20 Subscribe For The lackawanna News sense, nud dgnng mlso story of m Sholllders. EVERYBODY who also du first tnlkm ~ the glnmou ‘upper erect, fashionable South Anne mntxc eplm The supp Kelly and prominent, Toler as om chxtracte-r p vld Belsacu eluding 1n- W-lse Child much sym} the other I vox-Rte, does millionaire ...__.,,.,,._._._.,... .........._.. . ... . . ._..,.‘ 3.“ , , .. .. . .,..,..,..;..,..,..,........,.,..,.., _..,.;.‘..;..,.,.,..;..;.._..;..;..;..;..g..g..;..:..;..;..;..g..;..;..;..; .;..g..;..;..;..;..,..;..:..;..;..;..;.q..3..;..;..;..;..;..;..;..;..g..;..;..;..;..;.. 2*!--2°‘?-M-.’-§<-£-3' ‘:\§“:‘+’?':“:\:“:‘*2\3“?':\§\§\:’°3“2\:\:“:\:“§\§\:”:\§“u\‘:\:\3\:\§\3\!\:“§\§“:°':“:“o Down The River Hendln 1 he Ledave, Leon Vsu-la Kmmre at Lucky, M! Moore is a other acts May and E Fortunallo H0011 nngs Houngtms . Femirum CITY CL RK’S OUTING E i ' 2 THUR. AUGUST 2 Mnrjorl E] 5g..;..{..;..;..;..g..;..;. +4--l”M‘~§°++~i\i--i**!*'§-~§--b'3‘>X°~!~-9+-l°°§°-£¢’r++~'r'i°-X-F‘K 4-i--I-'3-‘H\l-‘M-'£' [EEEE Games ,WAL'I FRANCE dnglv *9 TICKETS $5.00 Includes Everything Boat Leaves Foot of Amherst St. 10:30 A. M.