davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25
GUN RECORD BROKEN

HOPKINsVILLE, Ky, May U.s.
A new worlds record for women
in trapshooting was held today by
Mrs. Walter P. Andrews. Atlanta,
Ga, who broke her own previous
mark by scoring 1875 out of 200
targets, at the annual Kentucky
Tennessee championship match
here. Her former mark was 1914
ont of 200.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25
Levinsky and
Baer to Meet

BIZ United Press
SAN FRANCISCO, May "a
prizefight-not a boxing match. =
between King Levinsky and Max
Baer. heavyweights. today was in
prospect for Reno's Fourth of July
celebration. The two fighters we're
signed Tuesday by Leonard d.
Sacks. promoter. The fight. Sacks
said. will be 20 rounds or more"
the number Of rounds will be de-
cided aft,s he confers with Gov
ernor Fred Balzar OF Nevada. Under
Nevada law. fighters can 20 .
rounds. step out of the ring. and
come back for another Is.
Baer and Levinsky fought once
before. in New York, where Baer
won a close decision in 10 rounds.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25
HENTHoRN GUN VICTOR

Breaking IS out OF 1c0 targets,
Henthorn topped the singles event
in the registered shoot at Crooked
Greek Gun Club Tuesday Graham
and Stevens tied for second with "a.
Stratton and Mays drew in the
handicap. each shattering As out Of
so. Smith and Henthorn had AZ
each. In the doubles, Miller and
Smith were deadlocked with ~ out
of so each, Dooley finishing next
with Al.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25
BASEBALL CALENDAR

St. Louis ........... 10 oi0 02o- 10
Detroit. ............ 0o2 200 20x- 6 6 l
Cofman. Gray and Terrell; Goldstein,
Wyatt and Hayworth.
Boston and Washington; not scheduled
NATIONAL LEAGUE
Chicago ........... 020 00i i02- IA 3
St. Louis .......... 103 003 i0x- 10 /
Bush, Smith, Warneke, May and Hart
nett; Johnson, Lindsey and Wilson.
Brooklyn ........... $40 GOO 002- 10
Mungo and Lopez: Zachary and Har-
grave.
New York .......... sol 600 4oo-s 4 3
Philadelphia ........ 500 202 2Ox-1l 81 2
Mitchell, Gibson, Parmelee. Bell and
Hogan; J. Elliott. Collins ard v. Davis.
(TWelve Innings)
Pittsburgh 500. 500 600 600 0o2- 10 /
Cincinnati .. OIL 600 900 COO 0
French, Spencer and Grace; johnson,
Frey and lombard
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25
BUTLER RAPS STATE

BIZ Times Special
TERRE HAUTE, Ind, May u.s.
Led by Wolfe, who banged out a
triple, double and two singles in
six trips to the plate. Buffers Bull
dogs hammered out an IL to 8 tri-
umph over Indiana State here on
Tuesday. Sixteen hits we're regis
tered off three Sycamore hurlers.
Hutsell pitched for the winners.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25
YANK GOLFER ADVANCES

By Unifce Press
GULLANE, Scotland. May U.s.
David Martin Of California ad-
vanced to the third round Of the
British amateur golf championship
today by a victory. ? to /, over the
veteran player-writer. Bernard OAR
win. Of woklng.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

Runs batted tn-SiEafoos. s. Goldman. J.
Fitzgerald, >. Wiugard. 2. TAFT, 3. EoSen-
berg. 2; Purcy. Hale. Angley. Bluege. L.
houryeau, Cullop, Riggs. RenSa. Three
base hits-Taitt. Swanson. Two-base hits
-Sigafocs. 2: Heving. Taitt. Goldman, An
gley, Crawford. Sacrifice hit-Goldman.
Double play-Clarke to Biuege TO Craw-
ford. Left on baSes-Columbus, II; IN
dianapolis .. Bases on balls-On Camp
bell. 2; of Heving. 2: OF Grabowski, 2.
Struck out--By Campbell ]. by Heving. 3.
BY Grabowski. /. Hit batsmen-Wingard
and Hale. by Grabowski. Winning pitcher
-Heving. Losing pitcher-Hill. Hits-Oh
Campbell. in / - innings; OF Heving,
0 in Z Ia innings: OF Hill, in / Ia IN
ming: OF Miller. 4 in 2-3 inning. OF Grab
owski. II in 6 innings. Ump3reS-Johuson
and Pfeffer. T.me-Two hours.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25
EGE CINDER MARKS THREATENED IN MEET

On request, sent with stamped
addressed envelope, Mr.. Ripley
viii furnish proof of anything
depicted by him.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25
us

Following IS the explanations of
Ripley's Believe It. or Not" which
appeared in Tuesdays Times:
A Trivial Cause and a Tremend-
Gus Effect-My recent trip to
Manchuria followed the Japanese
and the establishment of the pup
pet government headed by the
former boy-emperor of China. I'M
mediate pretext for the Japanese
military steps was a slightly dam
aged end of a rail, broken pair
of connecting fishplates, and a
railroad tie, caused by an explo-
sion on the South Manchurian
railway near Mudken, Sept. IS,
1881. This trivial damage was suf-
fcient, however, to cause Japan to
wage war against three provinces
OF China and to lombard one Of
the worlds greatest cities.
My drawing was made when I
visited the scene of the explosion
and viewed the pile Of evidence in
April of this year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25
Major Leaders
HOME RMS

HUME Runs
Eoxx. Athletics !. Il Terry, Giants. 3
ruth. Yankees. il Klein. Pntlles. 8
Collins. Cards. li-ochrane. Athletics
RUNS BATTED IN
Fox. Athletics. - Hurst. Philltes IS
Simmons. Athlets 81. Terry. Giants. 49,. 81
Ruth. Yankees. Sc
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

The thing that amused us. however, was
the statement Of Boia that he was tired.
He said lots Of these golfers 20 out and
play IS and 81 holes a day. but If they
went around and put every thing they
had behind each shot, rs or SO holes al
the most would be all they could waddIe.
And few of the boys like Billy Van,
Jack Tuitte, Joe Stout. who had just
finished is holes said. Amt IL So"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

Jack lutte still hammers right at old
man par He captured a 70 that after
noon. jack had a tough break on the
eighteenth whSn he got q bad second shot
with a wood. but he came right back with
sweet recovery from q hanging down
hill lie in the ditch. Joe Stout likewise
had a good round He certainly had a
mighty second from the rough. Il was a
little wide. but hole high Henry Dahl.
all had G chuckle about Meals on the
thirteenth. Sevens are all right II you
can have EN- and stu get a 10 or q II
and that was what Neal had for the
round.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

Joe Small is busy around South
Grove these days. Joe is chairman
Of the committee that will stage
the million dollar" tournament
next Saturday, Sunday and Monday.
The tournament is planned especial
ly to bring greater mental relaxa-
ton TO the golfer who plays the
municipal links, refrains from bet
ting, makes a ball do round more
than it formerly did, and other
things n line with depression con-
ditions.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

phiadelphia . 000 900 100 3
New York .......... 10l DOL cox
walberr Bowman and Heving; Gomez
and Dickev
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

COLLEGE SCORES TUESDAY
Butler. II. Indiana state. 8.
Central Normal. Z Ball State. }.
Wisconsin. s. Notre Dame 4.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25
Indiana L. Choice to
Regain Track Laurels
Butler De Paw and Purdue Chief Threats to Crimson
Hopes; Burns and Nelson, Bulldog Aces Out to
Set New Marks in SpeciateS.

BLOOMINGTON Ind, May 25Led BY its great distance men
university today topheay favoe regain title honors
Hooer intercollegiate field carnival here Saturday
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

The sentence of Chinese "Bings"
An oft-heard remark is that it
is difficult to see how one Chinese
can understand another. AS
matter of fact, they seldom are
understood, even by their own
neighbors. But the reasons are
many, and the peculiarities of
their language never could be
catalogued.
While I was lunching with Mr..
Peck, United States vice consul,
in Marking, China, who has been
a student Of the language since
childhoor, he told me of the six
"bings" that make a sentence, at
the same time explaining that the
intonation given to each word
gives it an entirely different
meaning. This same rule applies
to countless other Chinese words,
but few Of them to such a great
extent.
Thursday: The sly ear-Old
MTOthnw
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25
THE player closest the pin 0

Il green's No. and No. IL gets
5000 from each member of his four
some. Brides are worth 500 and
Eagles $500.
PLAYERS caught stealing money at the
noint Of a gun" will Be disqualified. II not
caught he can keep IT, The fellow who uses
sand tees loses $500 on first oTense and
his entire capital on the second oHense.
For third cf7ense he will be puS off the
course for commercial dishonesty and at
tempted sharp practice.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

Cleveland . DOL 500 O0i-7 /
Chicago ............ Dol f40 5ox-ii IS ?
Terrell. Connally. Harder. Pearson and
Seweli Frasier. Thomas and CRUDE.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25
AMERIcAN RESIGNATION
AMERICAN LEAGUE
NATIONAL LEAGUE
Games Today

AMERICAN ASSOCIATION
Toledo at INDIANAPOLIS.
Columbus at Louisville.
Kansas City at st. Paul.
Minneapolis at Milwaukee.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25
AMERICAN LEAGUE

Toledo at Louisville played in double
header last Sunday.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

In these kind Of tournaments they bet
on ANYTHING. the distance OF drives
whether IL VIII be a slice or a hook puts
most strokes and such. The course will
receive some of its best treatment because
any player caught not replacing a divot is
fined $500 by each member OF his four
some. II viii cost 5000 to each member
Of the foursome to explode verbal wrath
on a caddy. II will cost 500 for every
temper. Any one playing into the wrong
fairwav loses $500 and $500 for loss OF bali.
tee IN thirty seconds loses 100 bucks and
the fellow who misses the ball entirely is
out $500. There will be a loss OF 500 for
shooting into r trap, but there also will
be some rewards for good shots.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

Each PLAYER who enters will be given
$4,000 dollars In cash fstaEe currency by
Fred Mitchell who will forget club fixing
for three DAYS and take a new lease on
life. that Of a banker. The PLAYER who
has the most money at the end of eighteen
holes. whether he PLAYS Saturday. Sunday
or Monday viii win a special prize. Others
viii draw for prizes BY lot. The South
Grove bows urge you to put aside your
worries for few DAYS. GENE on out and
enter. Organize your own foursome and
make merry.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25
NATIONAL LEAGUE

Chicago at ST. Louis.
Pittsburgh at Cincinnati.
BROOKLYN at Boston.
New York at Phils delphia.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

Louis Bola, assistant 10 Neal MCINTYRE
a. Highland. was down near the first tee
hitting few practice drives with Bill Van
Lanoingham looking on. This Bola chan
certainly puts world OF power back OF
MS tee shots and that afternoon was no
exception. And does he control them?
just ask Billy Van
Billy was trying 70 test Louie's control
ne called for slight hooks. tbzn iust a
olt ot slice occasionally. When he
wanted 70 see one straight down between
me TWO little trees. which set about six
ieet apart. wham. vent the guta percha
straight as a dve
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

AMERICAN LEAGUE
St. Louis at Detroit.
Cleveland at Chicago.
only games scheduled.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

Bowes seal Fast viii meet tonight a.
s O'clock ~ 444 West washington street;
AM nfaycrs must report Shortstop and
nffrher are wanted Practice will be held
~ Rhndlus Thursday ct 5 p. N.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

II Is annually a riot OF fun for the
South Grove members and thew expect the
usual big turnout OF course II will 81
stage money. but IL is fun 10 lose stage
money IN a depression.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25
Results Yesterday
AMERICAN ASSOCIATION

kansas civ ........ on 100 nln- Z Il D
minneapolis -. -. 10 600 5ox- II /
Osborne and Phillips. Collins; Benton,
Day and Grim.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

indianapolis Post Onice Club wants q
game for SUNDAY with q fast team. Can
cherry 4s0l-J and ask for Manager Ian.
ders or address RUFF Lsnders, carriers
10Y main most Office The Mailmen have
won two games and lost two: Muneie.
New Palestine and Piainheld take notice
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

Teams desiring the use Of Pennsy park
for games % be played on Saturdays and
SUNDAYS write Frank Roth. 1880 Cottage
avenue. or phone DreXel 0llb.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

Paramount Glass team will practice to-
cav all the plant diamond a. 2. m.
kil PLAYERS report The club Viii pay
Scott Trucking sunday at RIVERSIDE NO.
3 at } o'clock a fast second. oasemah >
asked to report for practice
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

Thursday: The S-Year-OId
Mother.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

Irvinrton Phsntoms. indoor outdoor
team lost fast game 70 the Irrington
wildcats at Christian park Moore.
Fowler and Rove formed the Phantom
battery THE Phantows challenge ell city
indoor ball teams Write Spud Rowe, 5a5
North Bradley street.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

Central Transfer nine viii practice a.
Riverside No. 3 on FRIDAY ~ ?. N. Al
1880 must fennLt.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

Burns $50 ~ riIQue ano horhoose OF INDIANA also
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

The Ruralton A. Cs won their second
came ia IS MANY starts Sunday from VIII
fovs prsnch Aces al the Aces diamond.
is TO S. The Ruraiton team has an open
cate next SUNDAY CITY and state cups
notice Phone Cherry $3.50 end ask IoT
Tir7rv or address Jimmy Theriac. 11ls
Fast washington street.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25

The st. Patrick team VIII practice this
evening and Friday at p. m. at Pennsy
park All players take notice.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-25
MOTION PICTURES

Al,cays. the Best shol0 in Tolon
Evening star., 1932-12-31
COPPER TRADE WAITS
ON BETTER DEMAND
Cut in Production During Yeal
Has Been Offset by Decline
in Consumption.
By the Associated Pre5s.

BY the Associated Pres.
NEW YORK. December 3I-The de-
pressed copper industry. in the opinion
of Frsnz Schneider. tr.. vice president
Of the NeTmont Mining Corporation.
must hope for increased consumption
in 1888 if profitable operations are to
be resumed.
During 1882" Mr.. Schneider said in
a year end statement the effect OF
reduction in copper production through
agreement was off et by a sharp decline
in consumption during the Summer.
Stock increased moderately during the
year and the price. which was depressed
also by tariff readjustmentS and the
decline in the securities market. touched
new lcW records
"As the new year starts. the copper
market is again depressed. this time by
failure of the recent conference of pro-
ducers because Of Roam Ante,ope'S de-
mands for a large increase in quota.
The low price hes. however. dried up
many sources OF output and supply and
demand are nearly in balance. Any
further fall in price probably would
bring the desired agreement on curtail-
ment.
The situation may be summed up
by saving that the Nl-a0Vl cd efforts at
'stabilization' at too high a price are
still exercising a ba,eful influence on
the situation through the big stocks
accumulated and the increased capacity
developed. But that low price now is
forcing necessary readjustments. In
crease in consumption is the prime
essential TO return Of profit making and
the fortune Of the copper industry
during 1888 will depend principally upon
general business conditions"
Evening star., 1932-12-31

Pibugh-Coal production good
for domestic and lump sizes but industrial
merchants holiday trade satisfactory though 1881
dustry slightly
trade outlook for 1888 optimistic
CveandMechans holiday sales
especially woolen wearabes leather industry
oy nltunons fairly successful
industry actively
models employment figures reveal little increase
~ Indianapois minute Christmas
wholesale trade Disappointing; industry u
good: unemployment serious
industry active with plant planning
buying
dollar value considerably
Mlwaukee-Sae emergency stabling
pecaons manufacturers
ton Of new auto models fails to create much interest.
building
taxed to capacity selling at bush and being
fuel; hog and cattle prices lower
moderate clothing manufacturers active; collections
building permit values 37S per cent below 1881
Kansas Ciyioday movement below normal wholesalers last
miners Withholding sales better prices labor
X @ ans @ % % 1ss sh % current 0Tas @
reports dScouraging; collections hard to make
Omaha-Rea stimulated extensively
wholesale orders mostly fn manufacturing low eb flour mill
pare moving fairly well with prospects promising for 1888 shoe
fac further production n orders accumulate lead zinc
St PaulWhoesale clothing
holiday
groceries and confectionery received brisk
mand
trade approached euaed 1891 volume but
IS IS clothing hard
dull and
general supplies moving fairly wel
Evening star., 1932-12-31

"yersupply of money with incredibly
low rates; we have stock and bond
rrices at a level which has discounted
il sorts Of grief. and we have business
18th reduced overhead and inventories
Bout exhausted.
There is money to be used if people
Vii use it; there is credit to be extend
c1 if people will avail themselves of it;
there are securities to be purchased if
rcOple will only note true values, and
tlere are thousands of business activi-
lies where opportunity stands plainly
!lrth. and yet the mental uncertainty
vhich these times have brought pre-
vonts the actual accomplishment of all
The promises which these situations
Hold In other words. what we really
"9ed-and admitted We need 1t badly
Is restoration Of confidence in our
="lVes and confidence in our country.
low are We to create this confidence?
For the coming new year of 1888
let us all get together and make few
rcSolves and carry them out. First, no
matter how bad things may nave been
= 1892. resolve that they can and will
ors have been learned and the bitter
cost OF tuition has been paid. Let us
repair instead OF repine. Let us have
9ctiON instead of inaction. Let us work
instead of wait. Let us construct in
stead CT construct, and above all things,
let us remember. each and every one of
us, that We have been actually thinking
things down for years. and that it is
about time we now began to definitely
think things up
AS Bond Club Head Sees 1898.
T. Baker Robinson. president Of the
Washington Bond Club, and partner in
the investment firm of Y. E. Booker e.
Co., considers extended predictions re-
garding financial possibilities during
1888 as out CT place. However asked
fnr Liz oil oh
Evening star., 1932-12-31
RECORD LOW MARK IN COTTON
PRICES TOUCHED DURING YEAR
Activities of Farm Board Fail to Reverse
Tide of Falling Quotations.
Surplus Mounts Steadily.

1926 to bring into the country an an
nual aggregate of more than 81 900 =
100000. With the low prices now pre-
valling and a worldwide trade depreS-
sion TO reduce the quantity being ex-
ported, the value o. cotton shipped out
of the country has diminished steadily
until on 100000 bales. valued at $50
bale. the return is barely s240, 900 900,
or less than one-sixth the annual ex-
port income Of many former years.
But the wholesale shrinkage in in
t,,re of the plight of the cotton grower
While returns to the producer have
reached the lowest level since the d.
preston in the nineties, costa haze
the expenditure of $500 900 900 re-
volving fund been able to accomplish
much besides creating strenuous cppo-
sltiOn from business interests. After
three years of experiment toward
strengthening cooperative organiza-
tions. success has not been such as to
Justify the hope Of permanent improve
ment.
Diversified Crops Urged.
Conditions throughout the cotton belt
reveal the crying need of greater crop
oiversification to render each county
and State more self-supporting by grow.
ing food and feed crops at home in
stead OF growing cotton that barely
pays its way.
While more than 100000 acres
have been withdrawn from cotton cul-
tivation since the elimination of ex-
pansion with the 48000,000 acreage OF
1926, after an increase of more than
10000 600 acres during the five years
following 1921, it is necessary to delete
5000 900 more to bring the area back
to the 3O,500,OO0 planted II years ago.
1t is not improbable that a full u
months consumption of American cot
ton will be left over, unused, at the
close of the current season on July 81
1888. With so formidable a surplus,
with the vast mass OF the worlds debt
structure impeding trade recovery and
prices already at level barely return
ing the cost of production, it would ap-
pear to be economic suicide to count
upon nature for crop disaster and fail
to reduce acreage another 10 per cent
to 20 per cent when the time comes to
plant cotton next Spring.
tCODyriRht lu31 !
Evening star., 1932-12-31
'STOCk LIST HOLDS
IN STEADY TREND
Trading Volume and Price
Changes Small at Year.
End Session.
TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE NU
BY GEORGE T. HUGHES.

Special Dispatch to The Star
NEW YORK. December 3l.-Prices
were firm in today'S year-end stock
market, but trading interest vas at low
ebb.
HAD 1t not been for the cash sales.
representing last-minute recording of
losses Tor income tax purposes, the mar
ket would probably have made a record
low in volume for a SATURDAYS busi-
ness. These cash transactions we're Of
1ected at only minute fractions awav
from sales. done in The regular way.
purchasers cOuld, of course mako an
ofSettlng sale ior Ge.ive.y On Tuesday
Immediately if they saw fiji. so ibare
vas little or no r.sE; il accommodating
the seller who wished the record TO 90
in the 1882 account
News that might be eApected to af-
feet stocks was mildly favorable That
vas true OF the trade reviews. which MT
tha o?st possible face on the businoss
outlook. Wheat, the only important
commodity dealt in today. was firm bIt
made little progress. Sterling exchange
railleo Driskly, up nearly cents, while
francs were unchanged TIE last shin
ments OF gold from Great Britain in
payment of the war debt installnent
were announced as on the vav
Inc buying today, such as II was
centered around loW-priced railroad is
sues stocks selling under $40 a share
IN the industrial group, and che or two
o. the aircraft issues. notably Douglas
Inc pool stocks were allowed to take
care OF themee,VeS. which they did
fairly we'll Their sponsors were mostly
absent from the Street. taking an ad-
diticnal holidey. Allied Chemical
American Telephone and Steel common
held at or just above Fridays close,
Metal shares were steady.
New York Central was fractionalIv
above the best on this recovery The
tobacco stocks hardened after yescer-
days sherp decline. bIcd on fears Of
a price war in the cigarette trade The
selling was overdone IL any event A
few issues reacted. amoI.g them Col1n1-
bian Carbon and tor q time Air Reduc-
ton Taking the list az whole. now
ever. the movement Of the averages was
negligible.
The magazine. Steel. estimated that
the industry would start the New Year
with an operating rate of about "A per
cent and reported that the trade IVES
hopeful of a moderate recovery in the
near future. partially because the
"backlogs have never been so thin"
The iron and steel composite price va,
up cents on the week.