The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-12-31

WASHINGTON, Dec. 31.-Amer-
lean workers receive between $780,
0000 900 and $90,000,000 a year, the
largest total income of any people
in the history of the world, accord
ing to- data compiled in a market
handbook of the United States,
issued by the Department of Com
merce here.
The fifty most active stocks traded
on the Chicago Stock Exchange
during the week ended Dec. %, had
market value of $2,109, 713,361 at
the close of business Saturday as
compared with $2,O26,911, OCT at the
close of the previous week, accord
ing to a compilation reported by
Sydney Gardiner, Lage 81 Co. This
represents an increase of $82, 802, 294
or 4.08 per cent.
Factory employment In November
showed more than the usual seasonal
decrease. Employment declined 81 per
cent from October and O6 per cent from
a year ago. This is the first time since
September, 1928, that employment fell
below the level of the same month of
the preceding year.
BIZ United Press
WASHINGTON. Dec. 31.-The autono-
first nine months of 1929. the United
States Chamber of Commerce reported.
Cotton, gasoline, refined copper and agri-
next in that order.
BIZ United Press
WASHINGTON, Dec, 81. = Department
Of the same month last year by one per
cent. the Federal Reserve Board reported.
s n TeFe o PR cent 9 ns duF Ing
same period in 1923.
In 1929 production of motor trucks
established a new record mounting to
in 1928 of 576,55i, Constituting on a gain
of 40 per cent.
There was a drastic slump in foreign
financing during 1929. as illustrated by
the fact that from a high record of
S1,47S, 6S3, 06O issued in the first six
months of 1928. there was drop to
S719S86, 0SO in the corresponding period
of 1929 and total figures for 1929 show
a decline of approximately 80 per cent
from the 1928 volume. The decrease was
particularly noticeable in foreign gov
ernmentaI financing. with the number
of foreign borrowers being cut about
in half, as compared with the 1928
figures.
BIZ Times SDecidl
NEW YORK, Dec. 31.-Tllere as little
active buying OF electrical equipment and
apparatus in the United States in the past
week, Electrical World reports. The year
end holiday period brought about q no.
tceable easing of demand in important
buying centers of the country. especially
in the east. On the other hand, reports
better than for several years past. and
activity in. all lines Of apparatus is hold
ing up we'll.
Consumption OF crude rubber in Novem-
Der amounted to only 1859 tons as COM
pared with, 1929 tons in May. the record
cent n, below that for November. 1928. Cur
tailment of automobile production in 1880
look Miss hould DE be at least TT partly
offset. however, by a cord>replacement
The Canadian Pacific october gross this
Of s6.s6 1888 as compared with 1928. while
af g 0i ef SsO fen months fs'F e. oct e.
81, gross totaled sl78,091,5 28, a decrease
oo2 while the net 7s ssG S,5 at $s5
figures may be take mas indicative of what
the unusual grain situation has meant
to, the railways generally; but the re-
has Been sma and IS now Teatvey un
important.
Massillon. O.. soon to become a part of
the newly formed Republic Steel Corpora
ton. has received large export order for
galvanized Toncan sheets from Japan.