davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1934-06-14

upward; clalmlnS; purse, Wow LuE-
longs.
xTrue John I'LL 1IxGlisk .......... .104
Easter Herald. .116 NOras Grace ...114
Giggley Ann ...1O6i xWhirry ....... 100
SECOND RACE-Three-year-OId and
upward; claiming; purse, $3.50; New
River; 6F4 furlOngs.
Dinta Belle ....111lBig Dipper.. .1O8!
xSambO q. .....l11I Water Lad lie
Plateau .lO6i xBlack Dreams. Ill
xFlying Start. III Bless Her Heart III
THIRD RACE-Three-year-Old and
up; Coal River; claiming; purse, $3.50;
furlOngs.
xSteeltOn ......111 xThorny Path. 10l
Jeannette X. 106 xUnfair ....... LOG
Rock BOnnet. .116I Kianan% ....' JOG
Justa Sunbeam. LOG Lacy ReVeille. III
xBubblicO .1O1
FOURTH RACE-Three-yenr-ol and
up; claiming; purse, $25C; 5 furlOngs.
Happy LOpc. III Small Change. lis
Wise MOllie. 1O6RaRduit ...... .lO6
Evening Chimes1 1O6 Lamarie ......l11
Lady Avon. LOG Wild Sable. ..1lG
FIFTH RACE-Three-year.ol .olds and
up; claiming; purse, $3.50; 1'l6 miles.
xFair Billy 10 Rube Samuelson'
Infiles ....... .1O5 Anna v. L.. 11O
VOcO ......... .11OlDunStar .......llO
SIXTH RACE-Three-year- -Olds; claim
ing; purse, $3.50; 619 furlOngs.
aMiss Patches. .1O7I Callie WiCks. 49,. .107
aPrincess Wrack.1O7lVeritas .110
Baby Chink .... .1O7 Day Past. :.....1 112
Burleigh ....... .112 XGOlden Castle. lO7
xCantroud .... no xSilver Arch. .... .11O
Also eligible:
xPalm Broom .1O2 Star Queen. 900. .11O
aMrs. j. c. MOurar-W. +. johnson en-
try.
claiming; purse, $3.50; mile and eighth.
Bucks Daisy. 1OS Forest Faun. 80. 116
xHOsain ........lI1 War General. 80. ll3
xDunair ........1 1O8i Miss Catalan. iii
XArmageddOn =. 1O8
XAppreRtice allowance claimed.
Weather, clear; track, fast.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
HOG PRICES Up
Is TO 20 CENTS
Few UnderWeightS Steady;
Cattle, VeaIS Remain
Unchanged.

With a heavy demand prevailing
in the pork market, prices in early
trading at the Indianapolis Union
stockyards this morning were sharp
ly Is to 20 cents higher than yes
terday'S best average.
UnderWeightS. however, remained
unchanged with only slight inter-
est displayed. Receipts we're esti-
mated at 5000, aEound normal for
a regular session. The bulk, l60 to
200 pounds, sold at SIS to $40.
Heaviest grades available, weigh
ing from 200 to $50 pounds, were
selling at S5.45 to $500 Light lights,
scaling 1870 to $50 pounds, brought
$3.50 to $465. Others weighing 100
to 100 pounds, cashed in at $265 to
1855, while packing sowS ranged
from $4.25 to S515. HoldoverS num-
bered 295.
Interest again was light in the
cattle market and practically all
classes were salable at yesterdays
close. Beef steers and heifers sold
from So to $625. Receipts were 300
Vealers continued stationary, selling
at ST down. Receipts numbered 500
Initial strength featured lamb
trading with prices strong to mostly
Is cents higher. Majority of classes
sold at $675 down. Few better
kinds brought s6.85 to 81. Bucks
were discounted 81. Throwouts
ranged from $3.50 to IS. Receipts
were 1900.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
TRADING DULL,
IRREGULAR ON
STOCK MARKET
Special Issues Are Chief
Attraction; General
List Uncertain.

b Inifrd Prc7s
NEW YORK. Nov. SPECIAL is
cues attracted chief attention N the
extremely dull trading on the New
YORK Stock Exchange TO-DAY. Prices
generally had an irregular tone
Spotted throughout the list were
stocks which snapped one way or
another through individual reasons.
international Telephone was active
and 3 lower az So on the current
plans for Investigating telegraph
Companies. Curtiss-Wright slipped
10 equal It's Low Of pa. Pennick g.
Ford dropped D. points 70 S.. A
poor earnings statement hurt In
ternati0nal Silver with the common
off IL and % and the preferred of
a. az &C. Radio preferred and 4
both advanced more than a point as
result OF a good earnings state
ment. Wilson & Co. touched a new
high Of % and the preferred also
was strong.
The general list. however. showed
no definite trend. Chrysicr and
General Motors showed slight gains.
United States steel held about
steady in fairly active trading
American Telephone was fractionally
lower. Rails firmed under lead OF
Atchison. which gained a point to
527s.
Bonds were irregular. as were
most commodities.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
GOODYEAR WILL RAISE
PRICES ON TIRES TODAY
Advance Of IL to Is Per Cent. to Go
Into Effect.

Users Of Goodyear tires VIII have
to pay II 10 IS per cent. more for
these products starting today as the
result of a price boost of that
amount which has Just been an
nOunced by John \. Lees. manager
OF the Indianapolis branch Of the
Goodyear Tire and Rubber Com
pany.
This step Is made mandatory by
substantial increase in production
costs during recent months" P. w.
Litchfield. Goodyear president. de-
clared IN making public the price
boost.
The price increase will vary &C
cording 10 the type and brand Of
tire and locally prevailing trade
practices" IL was said.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
Chicago Stocks
Produce Markets

Delivered IN Indianapolis prices: Heavy
hens. 12c: Leghorn hens 7c; coloreo
springers. &C: old roosters. Sc; ducks, &C;
geese SC; young gUineas, zoe; old gulneas,
f5c; No l strictly fresh country run eggs,
loss off. 24c. Each full case must weigh
SIS lbs gross; a deduction OF l0c a pound
for each pound under So lbs. will be maze.
Butter-No. l, 30@31c; Buttertat-2oc.
Quoted by the Wadley Company.
by United Press ,
CHICAGO, Nov. 1.-Eggs-Market, firm;
receipts. sos cases; extra firsts. 2Sc, fresh
graded firsts. &c: current receipts % "a
25 &C; Drties. No. zoe; NO. =, I0c'
checks No. l, 18i2c; No. ?, 15c. Butter
Market. firm; receipts. 1855 tubs; extras
90 scorel 26l2 firsts l86-89l2 score), "a
a &c: extra firsts l90d9ll2 scorel ~ 2
a 28I &c; seconds lS6-87i2 scorel, 24c; spe-
Gals 90 29i2c; standards, 28c poultry
Market. steady to firm; receipts. cars;
81 trucks geese, 12c; turkeys, l4m l6c' OLD
ROSTERS, 10lzc ducks. 13G Ice; sprlngers,
I5a l6c hens, ia l5c' guiena hens doz;'
S5G7 Cheese-TWlns. l3dl3I2ci DAISIES,
l3i2c: Longhorns 14d14i2c. Potatoes
Supply LIBERAL demand and trading MOD
crate on Russets; slow on others; market
strong on Russets. about steady on others
Wisconsin Round Whites, 600 S5c; one car
cotton bags, 92i2c; commercial grade. ~ 2
75c Idaho Russets, sl.50q 1855 United
grade sl27ia; Colorado McClures. SLIP z.
Arrivals, 1873; on track, 29l shipments 1855.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
Stock Studies

The Union Oil Company Of Cali
fornia operates chiefly on the Pa
cific coast. It is fully integrated
oil unit engaged in the production,
transportation, refining and mar
ketng of petroleum products.
The company has large production
properties in California and also
owns 100000 acres in oil producing
territory Of Colombia. South Amer
lea. The firm owns tank cars and
trucks and also operates a small
fleet Of ships for foreign trade. Be-
cause Of production restrictions on
crude oil. 1t has had to purchase
about half OF its marketing require
mentS
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
Other livestock
ny United Pressl

CHICAGO. Nov -Hogs-Receipts. %,
900 including 900 Directs mostly strong sY
erage; packing soTs, 10 to IS cents nv hlglhee66
bulk TO ch9iee 22Qi $50 6s $ 20 900 i a.
g g;SS and c69ios ;ig & Iis6{ sxsighssss iso.
200 lbs s gISod a26 caSce bs g5o 3D.
Choice. s535 a 5 So; heavy Weighs 5o-35t
lbs. good and choice. $3.50 5.85; packln2
s sood and Dc choice 81 S5Ag
1000 commercial, 300 government: calves
steers ieeq snd yeaTiings active Strong to q
cents higher. mostly on shipping accounts
upper grade showing most sdY be f9p
kinds. ss689o she-stock slow barely
steady: vealers fairly active; fully steady
steers. 550-sOo lbs. good and choice s.. Z;
IS SSSl 800 100 6 9s good and choice
1850; SOL. 800 lbs common and me
GOO good and choice, .s525a8; common, 5.g
$50; common and medium. y 900 3z2
low cutter and cutter. H.oon = 40 o ail'
.yearlings excluded good beef ., IS 29 ss
s450G $50 Gull and common. s35oq ~
$50 lbs an God ee shd c iss s4S5a5
mon and medium. s250G4 sheep--Re-
ceipts. 10000. indications around steady OF
ali classes: talking S6.50G SIS on good u
choice native lambs. best held we'll ABOVE
$685.: slaughter ewes. sl75M2.25' cary
bulk white-faced feeding lambs. 50 q
downward; choice black faces scarce
slaughter sheep and lambs: lamps, 30 IDS
down, good and choice, Sc. 25H %. com
mon and medium. S5.50M 80: ewes sO'
$50 lbs. good and choice; 81 % = z POI al al
weights. common and medium, 81 50M 30
feeding lambs. 5075 lbs, good and choice
CBy Times speciaD
LOUISVILLE. Nov Cattle = Com
merciai. 400: moderately active and gen.
erally steady market on most classes oil
slaughter cattle, bulk common 20 me,
dunn light grass steers and heifers. 50. d
T45O; few common. 50. only cutter grades
below better finished selections quotaol'
around Sc; bulk beef cows. 81 50q3, prac'
teal ton. SO as: low cutter and cutters
Sl25N2z5; sausage bulls mostly 81 $50
AIS: most beef type stock calves salabie
$3.50 down; common 70 medium grso'
natives. 81 50d375. calves. commercial $50
steady, most better vealers, S. 50d 80
strictly choice eligible. 81: medium ant
lover grades. IS down. Hoss-ReGeeipts
on weights from 200 lbs up; Top and pull
better. 2o0-250 lbs, s5.55: l30-ls5 lbs
s5is: 255 lbs. up IS 10: i60-l75 lbs 81 S.
i40-I55 lbs s4O5 l20-i35 lbs. SO 05. de
sirable sows $500 Sheep-Receipts. 200
generally steady. most better lambs sal
able SIS: choice nuotable s525 or better
bucks 81 less: bulk light throvouts, SO 50
! peter fat ewes. sl50d2: most stock eve
SaIable. $3.50 . head down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
WHEAT PRICES MOVE
UPWARD AT OPENING
Pegging at Winnipeg Puts
Value Up Slightly.
By United Press

By United Press
CHICAGO, Nov. 1.-Pegging of
prices at Winnipeg had a leveling
influence on wheat on the Board OF
Trade today and prices moved
higher.
Wheat started q to a cent higher,
corn was up Il to z cent, oats were
% to q cent higher, and rye was
up q to q cent.
Buying, led by locals and commits
sion houses, turned up at the start
and trading was rather active. Liv-
erpool reported Argentine crop re-
ports as unfavorable and that Egypt
and the continent were buying
wheat. Short covering was in evil
dence.
Proft-taking soon developed, but
the advance was well maintained
throughout the opening minutes OF
the session.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
INSOLVENCY INDEX UP
SHARPLY FOR OCTOBER
Figure of 65.s Highest of Any
Month Since March.
By Ti'Hs' 800

b. Times SpCri1i
NEW YORK. Nov 1.-Duns in
solvency index climbed 70 $50 dur
ing October. a gain Of 1913 points
over the preceding month and the
highest figure OF any month this
year since March. Il was disclosed
today.
The increase over September,
equivalent 10 an advance Of 229
per cent. was considerably above a
normal expansion For the flve
years. I925-l919. inclusive. d c
average rise for October over Sep
TENDER Of only 3 points. represents
an advance of 81 per cent.
The index for September 81 $50
was the lowest for any month back
TO September. 1920.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01

-CartaI stock

During 1888 the funded debt was
reduced by nearly 100000. On
April l. 1884. bonds totaling S4,429,-
500 we're paid. Last year SURPRISES
dropped So. 800 600. net working cap
ital dropped S2.100.O00. and during the
first six months Of this year there
was a further drop in net OF S6.2Oo.-
600. On Dec. 81, 1888, the book
value Of the common stock was
SIS. %. or slightly less than at the
beginning Of the year. On June 80
1884. the current ratio was almost
s. 70 l. The company is IN strong
financial condition.
Union OIL stayed in the black
right through the depression, al
though earnings dropped. The low
point was in 1888, when only As
cents was earned on the capital
stock. but 80 cents was earned IN
the first nine months Of this year.
The organization has maintained
dividends right along, drawing On
surplus in 1881 and since. The pres
ent dividend rate is 81.
The Union Oil Company was in
/ corporated in 1890 in California. The
capital stock is listed on the New
York. Los Angeles. San Francisco
and Seattle stock exchanges. At q
current price Of around IL it yields
better than 7 per cent
| al Rights Reserved winchester Institute
c. FlnAnce. Winchester. AaSs.l
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
COOPERATIVE BUYING
ADVOCATED FOR CITIES
Huge Savings Could Be Effected,
Official Declares.

CHICAGO, Nov. Huge savings
in the purchase of supplies could be
effected by American cities if they
were to take lesson from Eu-
ropean cities with their highly de-
veloped methods of cooperative
buying.
Paul v. Betters, executive direc-
tor of the American Municipal AS
ISOLATION, and the United States
conference of mayors, reported this
to- the association after summers
study of municipal problems abroad,
Amazing advancement in pool
purchasing has been made in coun-
tries all over Europe, and especially
in Britain, Belgium and Denmark,
he reported.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
REALTORS URGE u. S.
QUIT HOUSING ACTIVITY
National Group Disapproves Direct
Federal Construction.
BvTimes Special

BIZ Times Speci0I
CHICAGO. Nov. 1.-The federal
government has been urged TO stay
out of the housing field in a reso-
luton passed by the National Asso-
citation of Real Estate Boards.
The resolution states that while
the necessity of this particular juno
ture of subsidy to housing projects
for the low wage group under GER
tain conditions is recognized, direct
construction by government is dis
approved.
The association says that success
full development Of housing requires
more than mere acquisition OF lana
and construction of buildings; 1t re-
quires detailed knowledge OF the
local market and Of local habits OF
living.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
Winnipeg Price Pegged

DU 2 WIVtU T 7 too
WINNIPEG, Man, Nov. BE
ginning today, prices on the Winni-
peg grain market will be pegged.
The minimum price for December
futures will be IS cents. The mini
mum for May futures will be 30
cents.
The pegging order was issued by
the council of the exchange at the
request of the dominion govern
ment. John I. Mcfarland, head OF
the government wheat agency, said
in an interview the action followed
outside selling on the Winnipeg ex-
change which was hammering down
the market.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
RFC TO OFFER BONDS
Sale of PWA Issues Will Be Made
on Nov. IA.
BIZ Times Special

WASHINGTON, Nov. IA total
of s3.e38.200 of municipal, district
and county bonds and 81 100000 Of
equipment trust certificates OF the
Chesapeake & Ohio railroad, which
we're taken over from the public
works administration by the recon-
struction finance corporation, Will
be offered for sale Nov. IA.
The bonds represent the fourth
public offering Of this nature by
the RIG.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
AUTOMOBILE OUTPUT
SHOWS STEADY RISE
Registration Of l-564.6sO New Pas
senger Cars Reported.

b T"I|7 |"-I.0
DETROIT. Nov. REGISTRATION
OF 1861 go new passenger auto
mobiles III the United States during
the first nine months Of 1884 Is re-
ported by r. L Polk * Co,
statistiCiaus.
The figures compare with l.204950
units in the same period last year.
In addition. commercial car. includ-
ing truck. registrations for the first
nine months this year totaled 3l0.-
2ss. against 1880 for the CORE
spending period IN 1888.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
On Commission ROW

Quotations below are average wholesale
prices being offered to buyers by local
commission dealers.
FRUIIs-Cranberries Cape Cod. early
blacks 25-lb.- box $3.50. Grapes Michigan
Concords, 12-qt. basket. SOC; California
Emperors, 27-lb. box, 81. Crabapples.
Michigan hyslops bushel. sls5, Persim-
York. Bartlets. bushel, $3.50. Avacados
box. $50. Ounces, bushel, 50, Bananas.
pound SC: pineapples. crate. IS: size 30.
Apples, maiden blush. 81 So northern spys.
sf.35; Indiana jonathans. S1.35; grimes
golden. $500 l IS. Melons. California
honey dews, S225.
NEUTRALITY-SUSPICIOUS. Northern Dam
ish; sob bag. eoc; red pound &c.
bag. 81 40; Michigan. yellow, s1.15; white,
boilers i0-lb. bag 35c; western white. So
'lb bag sl75. Potatoes, New Jersey Cob
blers l0o-lb. bag. sl35; northern round
white. 100-lb bag. 81; Ohios. 10o-lb. bag,
81 SIS: Idaho Russets, i00-lo. bag. 81. Sweet
potatoes. Indiana Jerseys, bushel si.50:
Indiana Nancy Halls. bushel. 81. Beans.
round stringless. busheL s175. -Beets.
dozen. 20c. Carrots. homegrown. dozen.
35c. Csulifower. crate. $l.75. Celery.
Michigan. medium, dozen. 40c; jumbo.
dollhouse. dozen, 1.25. EndiVe, dozen. 4oc.
E9g plant dozen. 75c. Kale. homegrown,
bushel. SOC. Lettuce. outdoor, l5-io. bas-
ket 50c. Mangos. bushel s5c. Mint.
dozen. SOC. Parsley. dozen. Csc. Peas
Hamper. 1915. Spinach, homegrown.
brosdleaf. bushel. 50c Radishes, dozen.
SOC Tomatoes, outdoor. lib. basket, 45c;
bushel. $50 Turnips. home grown. dozen.
zoe; pumpkins. dozen. SIPS.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
ROBERT B0YLAN SEEN
NEW PIT PRESIDENT
First Viee-President Of Board of
Trade Favored for Post.
By Times Special
--

BIZ Times Special
CHICAGO. Nov. 1.-The consensus
among members Of the Board Of
Trade today was that Robert p.
Boylan. first vice-preSident Of the
institution, will be nominated as
president for 1885 on the regular
ticket.
The nominating committee has
given notice that three meetings
will be held this month to receive
suggestions for candidates for the
annual election. which Will be held
Jen. Z.
The first vice-president Of the ex-
change ordinarily moves up TO the
top position OF the institution
Peter 3. Carey. who has been preSi-
dent for the past two years, is not
expected 10 be a candidate this
year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
GRAN EXPORTS DROP

WASHINGTON, Nov Total
exports of grains from the United
States during the week amounted TO
43 600 bushels, as compared with
176.O0O in the preceding week, and
$4,000 bushels in the same week OF
1888.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
PEAK TAXES FORESEEN

WASHINGTON. Nov. Treas
ury experts today predicted tobacco
and liquor taxes would set new high
records for the fiscal year ending
july I. 1855. when they anticipate
5000 600 600 viii have oeen collected
from these two sources. Estimates
were based or collections for the
first four months OF the fiscal year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
Educating the Public
New York Stock Exchange Aims to Correct Wealth
of Misnformaton on Trading.
: BY VINCENT s. LYONS
Times Financial Editor

Public antipathy toward Wall Street which in a
state of sonoence while stock market values skrocketed
prior to 1929 but aroused itself again that bubble burst
now in process of being subjected to extensive abora
tory work by the New York Stock Exchange the citadel OF
the financial district in New York
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
LIVESTOCK SHOW NEARS
International Exposition Will Be
Held at Chicago.
BIZ Times Special

CHICAGO, Nov. with the ap-
proach of the closing date for filing
entries in the 1884 international
livestock exposition, to be held in its
new and greater home at the Chi
cago Stockyards Dec. l to 8, the
management announced today that
the largest entry of livestock in the
history of the exposition has been
received.
This year is the thirty-f1fth ami
versary of this largest of the con-
tinent's livestock shows, held an
nually since its inception.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
Other livestock
fBy United Press)

by United Press
FIT WAYNE. Nov. i-HogsG ---steady to
1oc higher: 250-30 lbs. $50; 225-25o lbs,
isO-is0 lbs, s495: 3O0-3s0 lbs. $40; i5o-
100 lbs. 81 20: l40-i50 lbs s4.l5; l30-l40
lbs. sass; l20-i3O lbs. S3.l5; lOo-i2o lbs,
2.s5. roughs. 81 so: stays, S215. -..-
higher. pigs. steady. 240-50 lbs. IS 800
IS. 3o-325 lbs. IS 30; 20o-24o lbs. s. 500
SIS: 2o0-z2O lbs. s5.309 20: 10000 lbs,
$40 down: roughs. IS down. Calves.
steady. SIS down LAMBS. steady. S. down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
VOTE STOCK RETIREMENT

NEW YORK, Nov. 1.-Stockhold-
ers of the International Shoe Com
pany at a special meeting approved
the proposal of directors to retire
100000 common shares Of treasury
stock.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
LOCAL CASH MARKET

citv grain elevators are paying as cents
for No 2 soft red wheat. other grades
on their merits. Cash corn No YeloV
Sc cents and oats 43 cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
Retail Coal Prices

The following prices represent quotations
from leading Indianapolis coal dealers.
A 25-cent carrying charge per ton Will be
added
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
Public Attitude Sought

The Stock Exchange plans to de-
termine the attitude toward the ex-
change of public men, of the press,
of farmers, of labor, of women, Of
the clergy and of politicians before
launching it's educational drive. 1t
will also attempt to learn the rea-
sons for antagonism where such an
tagonism exists.
When all the answers to these
questions are tabulated, it is prob
able that a large share of the ami
mostly will be directly traceable to
lack of understanding. 1t is also
likely that an ANALYSIS Of some OF
the answers will reveal that some
of the unpopularity is due to preju-
dices.
Facts and information can do
more to win public favor than any
imaginable quantity of empty de-
lenses of stock market trading. The
Securities and Exchange Commits
sion has done much to bring about
this trend. BY carrying on an edu-
cational campaign the exchange is
attempting to sell itself to the pub
lie and to recapture some of the
business which has been lost to it,
just as an ordinary business enter
prise would do.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01
Treasury Statement
By United Press

WASHINGTON NOV. I-Govcrnment
expense ana receipts for the current
fscaI wear % Oct 70 compared with The
correspondents period 81 the previous fiscal
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01

ID ev elopm ents in
Trade and Industry
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-01

In an endeavor to sidetrack
the storm of criticism which
has been levelled at Wall
Street during the past few
years, Richard Whitney, pres
ident of the New York Stock
Exchange, has inaugurated cam
paign to educate the American
public in the history of the institu-
ton, its functions, practices and the
economic forces exerted through its
activities.
The methods to be utilized in
disseminating facts about the ex-
change have not, as yet, been mace
public. However, it is safe to as
sumo that the advertising columns
of newspapers, magazines and pc
riodicals will be used to some ex-
tent. There also is a possibility that
the radio may be used.
Will Fulfill Need
The Stock Exchanges movement
to educate the public in the intri-
cacies of stock market trading will
fulfill long-felt need, and one that
will rebound to its own benefit.
Millions of dollars have been put
into the market by persons who
merely felt the urge to gamble but
had no conception of the rudiments
of trading procedure.
Many of this type when forced to
take losses on transactions because
of market rules they could not COM
prehend or could not meet, became
critics of the Stock Exchange and
all things connected with Wall
Street. They were not in position
to know the circumstances and i'm
mediately turned sour" when stung.
At the same time it is admitted,
however, that members of the Stock
Exchange have participated in some
unethical practices. But these in
fractions of rules, when discovered,
have resulted in fines and SuSpen-
sions.