davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-22
INITIATION WILL
Be HELD HERE
BY PYTHIANS
Delegates From All Indiana
viii Attend Rites
June 80.

Knights of Pythias from all parts
of Indiana will gather in TomllnSon
hall here Saturday, June &c. for
initiation of more than 1000 candi-
dates into the order in the Harry
Wade Memorial Page Rank class.
Two national officers of the order
james Dunn, Cleveland, supreme
chancellor, and Harry M. Love,
Minneapolis, supreme keeper of
records and sealS-will participate in
the initiation, to which many lodges
will send candidates.
Mr.. Dunn will deliver the principal
address. Mr.. Love will participate
in the ritualistic work, comforting
the obligation of membership With
a Bible used by the organizations
founder in obligating members Of
the first lodge eighty years ago in
Washington.
The class is named for Harry
Wade, for twelve years grand keeper
of records and seals for Indiana, and
later head of the orders insurance,
division, now known as the United
Mutual Life Insurance Company.
Other features of the initiation
will be dramatization of the
friendship of Damon and Pythias by
a cast of fifty persons from Mont
pelier lodge, No. 1873, under Harvey
Walker, Indiana grand master at
arms, and music by two Pythian
bands.
1t is expected that all of Indianas
grand lodge officers will attend.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-22

Get yourself one of
the new swim suits
before you go to the
lake. Ladies' Atwood
bathing suits, excel
lent values.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-22
Black -Draught Good
Laxative Needed In
Troubles Like These

Mr.. ]. It, Stinson, of Barren
Spring, Va, writes that he has
taken Thedford's Black-Draught
when laxative was needed for
twelve or fifteen years. 81 take it
for biliousness, tired, dull, aching
feeling, sick headache - Black
Draught relieves quicker than any,
thing I have ever tried. If don't
take Black-Draught when I feel a
headache coming on, have to go
to bed. 1t seems to keep off the
headache" This old, reliable,
purely vegetable laxative is so pop
ular that millions of packages are
sold every year-AdvertiSement.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-22
ABANDON HOPE
FOR 3 LOST IN
LAKE MICHIGAN
Battered SaiI-Rigged Canoe
Found; Ships Search
for Bodies.
BIZ United Press

By United Press
CHICAGO, June 22.-Hope was
abandoned today for the safety of
three young people lost in Lake
in q storm which took six
lives Wednesday night.
Coast guard cutters and lake
freighters maintained a watch for
Miss Ruth Hatch, "a; Raymond
Gustafson, 25, and Richard Ludlow,
10, but officers said they saw no
chance that they had survived.
The sail-rigged canoe in which
Miss Hatch and GuStafSon en-
barked was found yesterday, cap
sized and battered, off the Evanston
beach. Ludlow was washed from a
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-22
INDIANA LOSES
S52O,6OO PWA
ALLOTMENTS
Failure to Act May Cost
State S1,227,o0o More,
ICkes Declares.
BIZ Times SDeciGl

By Times Special
WASHINGTON, June 22.-Indiana
has lost public works administration
Ifunds previously allotted amounting
to $52O,6O0, and stands to lose an
other $1,227000 on orders of Har-
old F. Ickes, secretary of interior,
who today announced a plan of wip-
ing the slate clean for new PWA
fund ALLEGATIONS.
Failure to act" was given as the
reason for the cancellations already
made, which include a loan and
grant of 1896, 900 to the sanitary dis
trict of Indianapolis.
Other Indiana projects among the
ninety-seven already rescinded
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-22

Plain, checked, striped,
tailored and fussy, lit
tie feminine blouses
for stylish suits and
jumper frocks.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-22

You can have several at this
price. Rayon-bias cut slips at
tractively trimmed with lace.
Main Floor.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-22

Organdy in
e.; ESQ.,; Els; ;: : g: :::::
dies Sizes 4
to 16.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-22

Smart styles in white.
Straps, sandals and
ties. Also beige pig
grain.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-22

throughout the United States in
Guided:
Loan and grant of $4,000 for the
Scottsburg water works; loan and
grant of $4,000 for a, Fowler storm
sewer; loan and grant of $4,000 for
a Tippecanoe county school build
ing; grant of $500 for street sur
fe g at Bluffton, and a loan and
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-22

Flowered and plain batiste gowns
for ladies. Printed styles and
plain.
Main Floor.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-22
PAGE Isl

sites and in the industries whers
materials will be produced"
The list includes ten projects,
amounting to $1,227. 900. for Indi-
ana.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-22
CHURCH OF GOD AGAIN
OPPOSES ALCOHOL USE
Convention Pledges Support in
Controlling Liquor Traffic.

convention Fle0geS support IN
Controlling Liquor Traffic.
BIZ United Press
ANDERSON, Ind, June %. -
Pledging aid to public officials in
controlling the liquor traffic, the
ministerial assembly of the Church
of God today had reaffirned its
stand against the use of alcohol.
The ministers said they would
support temperance education and
circulation of literature dealing
with the unfavorable effects of al
cohol. The 1934-35 budget, aggre-
eating $15O,0OO, was adopted at the
concluding session yesterday.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-22

rowboat when the first squall of the
storm struck the lake.
Other lives claimed by the tor
nadic gale and downpour which
ushered in the first day of summer
were those of Robert Bortz, 20, and
William Dahl, 20, drowned at Mich
igan City Qnd), and Joseph S. Oil,
81, Monroe (Wis0, killed by a fall
ing tree.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-22

When an airplane travels at q
speed of 425 miles or more an hour,
it is travelling faster than d bullet.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-22

grant of $4,000 for Franklin sew
age disposal plant.
Mr.. Ickes announced that within
ten days or two weeks he will re-
scind 563 other allotmentS amount
ing to $158, 558,517, unless the re-
cipients take immediate steps to get
their projects under construction
with men on the pay rolls at the Job
The Washington times., 1934-12-04
U.s.. BONDS AIDE
BYSUCCESSOF
FINANCING
BY SAUL LEHRER

NEW YORK, Dec. 4 G.NSO.
Demand for United States Govern
ment obligations ran to nearly a
quarter point as further buying
was stimulated by the large over
subscription of the latest Treas
ury financing.
Liberty 31as were unchanged,
Treasury 3As of 1941, Treasury
SAs Of 1946 and Treasury As
moved higher. and Treasury 4As
were unchanged. Home Owners
Loan As, Home owners Loan 3s
and Federal Farm Mortgage IS
were all improved.
Other sections of the domestic
list were inclined to be moderately
irregular.
Speculative rails did little, with
the st. Paul adjustments up and
the IS of 1875 down.
High grade investments were
quiet and firm in sympathy with
the Governments.
Medium-priced liens were fea-
tureleSs. Postal Telegraph 5s sold
down slightly.
Foreign government liens were
steady.
The Washington times., 1934-12-04
CO.
FILES ISSUE
BY Universal Service

The Chesapeake Corporation,
holding company for the Van
Sweringen railroad interests. yes
terday applied for registration Of
a new $18,000,000 bond issue to
refund unpaid bank debts.
The principal underwriters Of
the issue of 10-year per cent
convertible collateral trust bonds,
as revealed in the registration
statement filed with the Securi-
ties and Exchange Commission
are:
Edward B. Smith & Co.,
$7,2OO,OO0; Brown, Hartman &
Co. Inc, $3,6O0,0O0; The First
Boston Corporation, $3,600,000:
Lee Higginson orporat ion,
$1,80O,000, and Kuhn, Loeb & Co.,
$1,So0,OoO.
The bank debt represents the
balance of borrowings aggregat-
ing $32,500,000 in July, 1880, for
purchase of Chesapeake and Ohio
Railway Co. and Pere Marquette
Railway Co. stock and for work.
ing capital. The debt is distrib-
uted as follows:
Bankers Trust Co., $1,661,538
Chase National Bank, $1,661,538:
First National Bank, New York
City, $3,323.076; Guaranty Trust
Co., $3,323,076; ]. P. Morgan &
Co., $4,153,846; National City
Bank, $2,769,230, and New York
Trust Co., $1,1O7,692.
The Washington times., 1934-12-04
INACTIVE CURB
GENERALLY
LOWER
BY THEODORE KOsLOW

NEW YORK, Dec. 3 QN.S0
The curb market continued under
reactionary influences to a con-
siderable extent today, but a re-
sumption of buying in a selected
handful of issues was an Offset
ting factor. Volume remained at
a dull pace.
Babcock and Wilcox was again
outstanding in the speciality
group, running up 2 points to
37R. Lerner Stores pushed up
to new high territory at 43, up
Ia points. and Swift advanced
q point to 1874. Declining ten
dencies cropped up in Sherwin
Williams which was off / at 72h;
Great Atlantic and Pacific stores
off l at 1876, and Aluminium
which was down y at 50R.
Alcohol shares were in renewed
supply. Canadian Industrial Al
cohol A Sagged 11s points to 7A
on an adverse earnings report.
Utilities were heavy. Electric
Bond and Share was off 1s at 83s,
and American Gas and Electric
was down "a at 20.
Oils were irregularly higher,
with minor gains in Humble, Impe-
rial and Creole, offsetting slight
Sell-off in Gulf.
Pennroad was off 70 at 1B in
the investment trust group. Met
ais were mixed. Newmont was up
"a at 80.
The Cities Service issues were
irregular. The common firmed "a
to 15s and the debentures dipped
3s to 412s. Electric Power and
Light SIS sold off almost a point to
3412 in the bond division.
The Washington times., 1934-12-04
BY Universal Service

The Federal Reserve Boards
condition statement of weekly re-
porting member banks in 81 lead
ing cities on November %, made
public yesterday, shows increases
for the week of $76,00O,0O0 in
total loans and investments and
$64,000,000 in net demand de-
posits, and decreases of $30,000,-
900 in time deposits, $4,000, 1000
in Government deposits, and $780,
100000 in reserve balances with
Federal Reserve Banks.
Broker Loans Up
Loans on securities to brokers
and dealers in New York in
creased $6,000,000; loans on securi-
ties to brokers and dealers outside
New York district increased $4,-
100000; and loans on securities
to others increased $l1,000,000 in
the New York district and $4,000,
900 at all reporting member
banks.
Holdings of acceptances and
commercial paper declined $8,-
100000 in the New York district
and $14,0O0,00O at all report mem
ber banks; real estate loans
showed little change for the week;
and "other loans" increased $16,-
100000 in the Cleveland district,
$6,O00,0O0 in the New York dis
The Washington times., 1934-12-04
Philadelphia Co.
Net Income DiDs

Consolidated net income avail
able for dividends on the pre-
ferred stocks of subsidiaries and
on the stocks of the parent com.
pany of the Philadelphia Company
for the year ended October 81,
1884, amounted to $7,496,877,
against $7,801,259 for the preced-
ing year. Gross earnings totaled
$46,977,231. compared with $44,-
863,538 for the 1888 year. These
figures do not include operating
results of the Beaver ValleJ Trac-
ton Company, which is in receiv-
ership.
Operating expenses, m in tie.
nance and taxes amounted to $685.
538,976 for the 1884 year, COM
pared with $21,616,764 in the year
ended October 81, 1888.
The Washington times., 1934-12-04

York. 1OO-lb. sacks Round Whites, U. s.
No. l, 81; Maine 100-lb. cks Cobblers
U. $. No; l; $IoS 5s @1lS; 1dShS 1ilS 1GO-lDi' 100
81 New stock: No supplies on the
market.
sweet Potatoes-No carlot arrivals
| broken car on track Truck reGeLpts
market steady North Carolina, bushel
baskets Puerto Ricans. 75c@$1, &C
cording to condition. Maryland, Anne
Arundel county, bushel hampers, Jersey
type. U. S. No. l, sl.l5.
Tomatoes - No carlot arrivals. .
broken cars on track. Supplies light;
demand light; market steady. Florida
freight and truck and express receipts,
lug boxes, ripes and turning. wrapped
6x6, $2.25 q $50; few, 5x6, $2.5OQ 2.7S !;
SKI, $1.75@2; few higher; poorer all
sizes lower.
Spinach-No Carlot arrivals; / broken
car on track. Truck receipts liberal;
supplies liberal: demand slow; market
weak. Virginia, bushel baskets, $50
75c.
ROmaine-No supplies on the market.
Mixed Vegetables-One New York ar
rived; broken and unbroken cars
on track.
Lima Beans-Supplies very light de-
mInd light: market steady. Florida
express receipts bushel hampers '0~
Green beans-No carlot arrivals; 1
broken and l unbroken cars on track:
Supplies liberal; demand slow; market
dull. Florida, bushel hampers, green
flat type. $1@1.25; few $3.50; poorer'
Okra-No supplies on the market
EgEplant-Truck receipts moderate
supplies moderate; demand slow; mar
ket weak. Florida, 1a-bushel crates
Squash-supplies light; demand slow .;
market weak Florida, bushel ham
pers, white, wrapped, 81; yellow, $3.50.
Peppers-supplies moderate; demand
crates, green, fancy, 81; choice. $50;
bushel hampers, green, fancy, $1.5e.
Cucumbers-Suppies light; demand
slow: market steady. Florida, bushel
bas askets. $3.50.
COIlards-Supplies liberal; d e m a d
slow: market dull. Virginia. bushel bas-
kets, 25@40c.
KaIe-supplies liberal: demand slow
market dull. Virginia, bushel baskets
Turnip Greens-supplies moderate; de-
mand slow: market weak. Virginia,
busheI baskets, 40c.
car reconsgned: broken and 3 un-
broken cars on track. Supplies mod
crate: demand light: market steady.
Crates: Oregon, $3.50 q 1.65: poorer. Use
BrOccOli-No carlot arrivals; l car re-
consigned: broken car on track. Sup
plies moderate; demand slow market
dull. Crates: Virginia. 2-dozen. fair
condition. 75c@S1; Pennsylvania,
dozen, $161.25: fair condition, 75C.
CarrOts-No carlot arrivals; 7 broken
cars on track. Texas. Il crates, 81 so "a
1.65; Pennsylvania, bushel baskets, top
BeetsETexas, y crates, $.75@1.s5;
Pennsylvania, punched, 25c.
Parsnips- bushel bas-
kets 5OQ75c.
bunch.
Spring OniOns-Nearby sections &c
per bunch.
bunch.
OranEes-one California arrived: z
broken and unbroken cars on track.
Florida, boxes, $2.25d3, according to
grade and size: bushel baskets, graded.
S12561.5O: bushel hampers, packed
locally. $111.25.
Grapefruit-No carlot arrivels; bro
ken and unbroken cars on track.
Florida boxes. No. /. So 5OS2.75; No:
. 225@25O according to. size; bushel
hampers, packed locally. $yR Ri.c5; sacks,
rs a soc.
ACCOMPLISHMENTS. boxes S61.25.
Tangerines-No Carlot arrivals; un-
The Washington times., 1934-12-04
MORROW MADE
HEAD Of BOARD

George K. Morrow has been
elected chairman of the board
Of directors of the Mcclellan
Stores Corp. w. w. Mcclellan
was reelected president.
The board of directors yes
terday stated that it had author
lied the filing of a petition in
the bankruptcy proceeding in
the United States District Court,
looking to prompt termination of
the bankruptcy and the return
of the property to the company.
1t is not expected, the state
ment showed, that the company
would need any financing. Profits
are expected to be substantial
for the balance of this year
and the cash position on Janu-
airy l next satisfactory.
The Washington times., 1934-12-04
BANKS To USE
MORE ADS

Plans for stimulating wider use
of informative newspaper adver.
tising by banks in promoting pub.
lie understanding and confidence
in regard to existing banking con-
ditions and methods were an
nounced here yesterday by r. s.
Hecht. president American Bank
ers Association, as a part Of his
organization's activities in aid Of
general business recovery.
Three.fold lines of activity in
this connection in cooperation
with member banks are being fol-
lowed, Mr.. Hecht said. A general
groundwork was prepared through
a nationwide survey of advertis-
ing by banks relative to their will
ingness to extend justifiable loans
The Washington times., 1934-12-04
Reserve Members Deposits
Decline and Loans Increase

trict and $11,000,00 at all report
ing banks, and declined $7,000,-
900 each in the Boston and At
lanta districts.
Holdings of United States Gov
ernment direct obligations in
creased 100000 in the New
York district, 100000 in the
San Francisco district, $5,000,000
in the Cleveland district and SAL
100000 at all reporting member
banks; holdings of obligations
fully guaranteed by the United
States Government increased ST.
100000 in the New York district
and $6,000,000 at all reporting
banks.
Securities Increase
Holdings of other securities in.
creased $23,000,000 in the New
York district and $15,000,000 at
all reporting banks.
Licensed member banks for.
merly included in the condition
statement of member banks in
1O1 leading cities, but not now
included in the weekly statement,
had total loans and investments
of 81, ,188, 100000 and net demand.
time and Government deposits of
S1,314,000,O00 on November %,
compared with $1,19O,000,000 and
$1,282,0O0,0O0, respectively, on No
vember 81.
The Washington times., 1934-12-04
COTTON GOODS

NEW YORK, Dec. S).-Ak
though the coarse yarn cloths market
continued to display a firm price tone
today volume OF business tapered off
appreciably. Buyers seeking late ship
ments at quick prices were turned down.
and were unwilling to pay the prem
iums asked on the 1885 deliveries. Sell
ing houses showed no anxiety to hove
forward deliveries, and most Of them
were content TO wait for buyers TO pay
the prices asked. Buyers have not yet
covered any appreciable portion OF their
first quarter needs and so long as mills
hold their present POSITION there is lit
tie likelihood that buyers can do any
thing but come in for additional guam"
titles before further advances Develop
The Washington times., 1934-12-04
BUSINESS MEN
MEET IN n. !.

Industry's views upon the road
to recovery will be formulated this
week at the largest gathering OF
manufacturers in years, the Con-
gress of American Industry In
conjunction with the annual con-
vention of the National ASsocia-
ton of Manufacturers, to be held
in New York.
Between 500 and 750 manufac-
turers, including nationally known
leaders and representatives Of vir-
tually every division of industry,
will attend the tWo-day meeting
December 5 and 6-at the Wal
dorf-Astoria.
Presenting the Administration
viewpoint will be Donald R. Rich
berg, Secretary Roper, OF the
Commerce Department, and Ray
mond Moley, who will make his
most important address since re-
firing from the State Department.
The Washington times., 1934-12-04
MICHIGAN BANKS
75 PCT. LIQUID

LANSING, Mich, Dec. 4 G.N.S).
Michigan State banks are Is per
cent liquid and have average cash
reserves of 80 per cent, it was re.
vealed today, after analysis of the
results of a State call issued by
the banking department October
II.
Total deposits were $377,024,6 STA
in October, against $352,107,1 ,135
in June. Cash and reserves in
creased from $96,539,O61 in June
to $116,453 ,4O9 in October.
The Washington times., 1934-12-04
Firm
Receivers Named

CAMDEN, N. j., Dec. 4.-Fed-
eral District Judge Avis yesterday
appointed two temporary receivers
for the Boardwalk Securities Cor
poration, Atlantic City, which last
week lost a $150,00O suit to for
mer Ambassador Walter E. Edge.
The corporation is to show cause
on December IA why the receiver
ship should not be made perma-
nent.
The Washington times., 1934-12-04
Power
Profits Decline

Earnings available for dividends
of the Canadian Hydro-Electric
Corporation Limited for the three
months ended with September
amounted to $569,939 compared
with $585, ,470 last year.
The balance for the II months
ended with September totaled
$2,547,253 against $2.450,719 for
the preceding IL months. The
report includes the earnings of
the Gatineau Power Company and
other subsidiaries.
The Washington times., 1934-12-04
CHICAGO

CHICAGO, Dec. U.N.SD.-Butter-~
Receipts, 8SSs tubs; market unsettleds )
old cars. 6; new. 9; extras, 20: standards,
28. Extra firsts. 271a @29c; firsts. 25%
@26hc; seconds, 2412 Q25c; specials,
2917 a 3Oc.
steady; new cars, /. Current, 24@ 2514c:
fresh extra firsets, less than cars, 29c;
cars, 29c; fresh firsts, less than cars,
26c cars, csc; dirties, 18Q20i3c; checks,
16@lS12c.
Cheese = living. 1S% @14c; single
daisies, 14h @14Eac; longhorns, 14@14hc.
Live Poultry-Turkeys. 16c; toms, 100
16c hens, Sq141zc; springs. 11@17c:
roosters, 1oc; ducks, 9@17c; geese, .
q lie.
Potatoes-Nineteen cars; on track,
23O; U. S. shipments. 371; Wisconsin
round white, 821a 6DS5c; Idaho russets,
$1.5O@1.55; combination, $I20@1.25;
Colorado McClures, $3.50.
The Washington times., 1934-12-04
PITTSBURGH

PITTSBURGH, Dec. 4 G.N.s).-(Al
poultry butter and eggs are wholesale
prices to dealers.)
Poutry-Market steady. LeEhorn
1Sc; M leghorn hens, Gi912c; bardrock
springers. 15@1Sc;, whiterock springers,
15Q16c; mixed colored springers, 13D
15c; young turkey hens. 17@1sc; old
turkey hens, 1S@l7c; roostsrs' .a sSS19e:
young toms. 1s@19c; old toms, 14915c;
roasting chickens. 16d 17c.
Butter-Market unsettled. 90 score,
aOAc: SO score. CSC, S8 score. 27Ac:
standard. 29Ac.
Eggs-Market easier Nearby cur-
rent receipts. 25@28c; fresh extra firsts.
2S a soc; hennery white extras 30 Q &c.
Tomatoes-Market steady. Florida,
lug boxes, 6x14 pack and larger, $2@3:
SKI and smaller, $1:75q2. rs; Texas, lug
boxes, SKIS pack $3.50, SKI and smaller.
$2q 2.25; Ohio. hothouse, S-lb. baskets,
medium s1.1o. larger sOc, smaller 75c.
Danish type. bushel baskets, 35940c;
per ton, N0@12; 5o-lh. sacks, 25 q 35c;
South Carolina, Wakefield, 1h-bushel
hampers. $1.1541.25.
The Washington times., 1934-12-04

broken car on track. Truck receipts
liberal; Florida. As bushel boxes. &1.2E
q 1.35; few higher; truck receipts.
bushel hampers. SIPS @1.5O.
Pecans-Georgia, per pound: Schleys,
23@25c; Stuarts, $4,000; other varie.
ties 12016c.
Bananas-Three cars arrived; bro"
ken and 3 unbroken cars on track.
Chestnuts-Italian, 7@sc' per pound.
Grapes-California, table stock,
broken car on track.
Mixed Citrus-No arrivals; 2 broken
cars track.
Pears-No arrivals; broken cars on
track.
L. c. l.. Express Arrivals at Wash.
iREton, ID. c., December 4, 1894
Florida 55 crates avocados; 2S
Mixed Vegetables-15 crates.
Florida SIS crates avocados; 26
crates eggplant; bushel crates kurn-
quats; bushel baskets okra; IS bushel
hampers snap beans; (40-pound)
crates tomatoes.
Mixed vegetables-15 crates.
The Washington times., 1934-12-04
FAILURES DROP
IN NOVEMBER

Business failures in November
totaled 923, against 1901 in Oc-
tober and 1927 in November, 1888,
according to Dun and Bradstreet.
After the temporary increase in
business insolvencies in October,
the downward trend was again re.
sumed in November, the credit
agency states, adding that Novem-
ber failures were the lowest in
number for any month this year.
For the first eleven 1884 months.
business failures totaled 1922,
against 1915 in the correspond
ing 1888 period, a reduction of
Ais per cent.
The Washington times., 1934-12-04
Car Production
Upturn Forecast

If tentative schedules Of motor
car manufacturers for this month
are fulfilled, output will nearly
double that of November and will
exceed by 78 per cent December
production last year, it is reported
in financial circles.
The Washington times., 1934-12-04
Steel Output Up
At Youngstown

Steel mill operations in the
Youngstown district will be in
creased 2 points to 81 per cent the
coming week. the highest level
since June. 1888. and the peak for
the current period in three years.
according to advices published
here yesterday.
The Washington times., 1934-12-04
Harvey
Form New Firm

Holsapple, Harvey & Company
succeeds the firm of Holsapple,
Stafford & Company, which was
dissolved November 80 with the
retirement of George Stafford.
The Washington times., 1934-12-04
Dollar Displays
I: New Strength

NEW YORK, Dec. 4 (I.N.S.O.
The heavy OverSubscriptiOn of
the United States Government
financing combined with
further pressure on the pound
brought renewed strength in
the dollar today which ap-
preciated to 1920 cents in terms
of the French franc. The table: