davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
To Speculate or Not

WHETHER we like it or not, or
w whether it is a good thing, we
are constantly specializing, in the
opinion of Weingarten 81 Co.. men,
bers of the New York Stock Elk
change. AS long as gold remains
our currency base" that firm con-
tends in a letter to its clients,
speculation can be avoided only
through the ownership of gold and
that has been prohibited by the
government; so willy nilly, investor,
bond buyer, real estate owner. buSi-
ness man. exporter, importer and
the purchaser of common stocks
find themselves specializing, con-
sciously or not"
Probably the most conservative
investment known TO man, it goes
on to say. is the purchase of an
annuity. But here, too, one is buy
ing an uncertain purchasing power
the yearly annuity payments may
provide much more or much less in
buying power during the life of the
annuity.
This argument is advanced to off,
set the demand in Washington for
less speculation in stocks. The
points made are true in every
respect. They may or may not be
entirely pertinent. however. To say
that speculation can not be avoided
does not necessarily stamp it as
good. 1t would hardly, at least, JUS
tify excessive speculation.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
ISSUES DISPLAY
FIRM TONE ON
BETTER NEWS
Silver Prices Advance so
Points; Cotton Values
Strengthen.
BY ELMER c. WALLER
United Press Financial Editor

NEW YORK, April 18.-Buoyed
by improved industrial reports and
a more optimistic tone in Wall
Street, stock market prices firmed
at the opening today in fairly active
trading.
There we're numerous favorable
business reports before traders to-
day including:
Iron Ages estimate of steel pro-
duction at 50 per cent. up 2ia points,
with the outlook described as favor
able.
Electric power production gaining
over previous week.
Better sentiment in investment
circles with largest major corpora
ton financing since securities act
announced today.
The tremendous strength in the
London stock market, brought GER
tain firmness here.
Commodities firmed with stocks
Silver jumped as much as so points
at the opening while cotton was 6
to 9 points higher. Bonds were
steady.
On the stock market most gains
we're narrow, although United States
Smelling advanced IL points to
127. American Smelling was Is i'm
proved at "A.
Radio Corporation common stock
was active, opening at 81 unchanged
and jumping to 81. Pathe A adj
vanced q to 22A and new high
on 1000 shares. Armour A opened
unchanged at 712 on 5000 shares,
Packard was unchanged on 1900
shares at 5l4 and Tide Water As
sociates equaling its high of 10, up
x, on 1000 shares.
United States Steel opened I'M
changed at Sis. General Motors
unchanged at 39ls, Chrysler up Is
at 533s. Rails were firm. Fraction
81 gains we're scored after the open
ing.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
On Commission Row
April 10


Apples-New York Baldwins, fancy. s1.e5
saps. $3.50
E, or;aanges".sCaIIittornia sunkist. ss25Gs75
Lemons-Sunkist. $3.50
Grapefruit-7Arizona seedless 64s-7Os. SO
Q325; Florida. .s325@3.50.
Stra wberries-Louisiana 24-pt. crate
$50 50@ N'O' Alabama z4-q'' crate S4'3'g
Melons--Argentina Honeydews. s2.25.
PearsmCalayos: $3.50 per box.
cabbage-New Texas, s1.35 per half
crate; Florida red. SO per hamper
Celery-Florida. s2.85 crate: man.
moth moth bunch. 85c: medium bunch. 45c:
On.ons-1ndiana yellow. 50-lb bag. s1.25
RED. Sl.l5: Idaho. Spanish. $135.
Potatoes-Northern round white. 100-lb
bag Sl9O; Red River Ohios 50 10; Maine
S2.15; Idaho Russets, s2l5 Wyoming Tri-
umphs, sob. bag. sl.15; New Texas Tri-
Sweet Potatoeszz1ndiana Jerseys. per
Asparagus-California select, crate. s3d
:, Bsees Scans stringless. $3.50: lima
-, BEeets-NeT TEXAS s-dozen crate. 81:
Carrots-California. 6-dozen crate. s275
bulk new, s140: bulk old 81 rs
NEUTRALITY-SUSPICIOUS. $3.50
Cucumbers-Hot house. per dozen. s110
Iceberg best, s3.75@4.5o a crate.
Radishes-Hot house buttons. e0c a
dozen.
Rhubarb-california 2o-lb. box. s1.75.
Spinach-New Texas. s1.1o per bushel
$3.50: Selected. ceiophane wrapped giS SIS;
original Mexican. 30-lb. lug $3.50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
Survey Reveals Increase in
Food, Clothing Prices
Over February.

By Times Special
NEW YORK, April 18.-The rising
trend of wage-earners' living costs
continued in March, but at a more
moderate pace than from January
to February. according to the
monthly survey of the National
Industrial Conference Board re-
leased today.
Living costs in March were 0.3
per cent higher than in February
and 93 per cent higher than in
March, 1888, but 2O.9 per cent lower
than in March, 1929, the report
stated.
The purchasing value of the
learners dollar was 1877 cents
in March, 1884, as compared with
1898 cents in March, 1888. Food
prices in March rose 0.13 per cent,
which is considerably less than the
increase of 80 per cent reported
in February over January. Food
prices now are 20 per cent higher
than in March. 1893, but 90 per cent
lower than in March, 1929.
Rents, which until recently had
not followed the upward tendency
of commodity prices. rose 0.5 per
cent from February to March, after
rising o. per cent from January to
February Rents in March were %
per cent below those in March,
1893.
Clothing prices as a whole were
0.3 per cent higher in March than
in February, due primarily to rise
of 0.6 per cent in mems clothing
prices. Women's clothing prices fell
OIL per cent during the period
March clothing prices were 270 per
cent higher than the same period
of 1888, but 20.4 per cent lower than
in March, 1929.
Only a Slight change was noted
in coal prices from February to
March. They now are 3.5 per cent
higher than in March, 1888, but
9.3 per cent lower than in the same
period of 1929.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18

Pennsylvania Railroad Company Feb
ruary net income totaled s474 sol after
charges against net loss of 1899. 1874
in February. 1888.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
DEPOSITS IN FEDERAL
RESERVE BANKS RISE
Gain of $177,OO0,OOO Made
in U. S. During Week.

An increase of $177,000000 last
week, of which $34,000,OO0 was &C
counted for in cities other than
New York and Chicago, was indi-
Gated in a weekly report of gross
deposits of federal reserve system
member banks throughout the
country.
Loans and investments rose
SOB, 100000, reserves increased
$57000,000, a gain of 100000 in
cash, and an upturn of $4,000, 900
in balances due from banks made
up the total. Outside the two major
cities loans and investments sagged
61,000,000, cash rose $4,000, 900, re-
serves gained $74,O0O,OOO and bal
ances due improved $4,000, 900.
A net improvement of $4,000, 900
was made in commercial loans while
security loans had a net increase
of $43000,000. New York and Chi
cago boosted their holdings of gov
eminent securities $98,000,0OO and
decreased investments in other Sc
curities $37.000,OO0 Other cities sold
$50 100000 of government securities
and bought 100000 in others.
A total of $53,O0O,O00 was with
drawn by the government from all
cities including New York and Chi
cago. New demand deposits in the
two major towns climbed $145, 900 900
and $7O,000,000 in other cities. Time
deposits dropped 100000 in New
York and Chicago, and increased
$18,000,000 at all other points.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
GRAIN EXPERTS
STUDY BREAK
Slump Regarded as Second
Morning After of
1888 Trading.

By United Press
WASHINGTON, April 18.-Ad-
ministration grain experts regard
the new sensational break in grain
prices as a second morning after"
of last summers precipitate rise and
decline.
j. w. T. Duvel, chief of the grain
futures administration, said the
present collapse could be traced
directly to the trading last summer
which brought a similar but more
severe break in prices.
The present market action has
focused attention again upon the
pending commodity exchange con-
troll bill which proponents believe
would act to eliminate such sharp
price changes.
Large Holders Unload
Duvel suggested price manipula-
tons by large speculative influences
was a partial cause of the break
along with President Roosevelts
stand against silver reconciliation
and the continued maintenance of
American prices above world export
levels.
The drop in wheat values, Duvel
said, was started by unloading in
corn by large holders of May futures
who sold rather than accept de-
livery of the grain.
TO a great extent" Duvel said.
"the def1ation is a hangover of
last summers excessive speculation
"a sort of second morning after"
The pending commodities ex-
change bill, he said, would prevent
the building up of large holdings
such as are responsible for wide
spread fluctuations in prices.
Frank A. Theis, Chief of the AAA
wheat processing and marketing
section, declared that American
quotations naturally are susceptible
to dropping to the export level"
Favor Strict Regulations
Prices now are about ID cents
above in Liverpool quotations. Theis
pointed out that most farmers grain
has now been marketed so that the
decline had little effect upon pro-
ducers.
I'VE are watching the market to
do anything we can" he said. Right
now I don't know what action we
could take"
Futures trading has been defend
ed by grain future administration
officials in hearings on the commod-
ity exchange bill. The experts, how
ever, favored the strict regulations
OF trading contained in the measure.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18

noting that most people enter a
bank with much the same feeling
they have when going into a dem
lists Office. Obviously they have not
sought seriously to back up the
reputation they would like to have
and have sought to create by in
structing their people outside of
their advertising departments on
their department during business
hours. A department store doing
business on the same basis probably
would not last very long.
The Greenpoint sought to follow
through on it's advertising by call
ing in a Notwithstanding B.
Jacobs-to conduct a special study
course for its employees. At least
once a week, after banking hours,
Mr.. Jacobs lectures to them, ex-
planning their responsibilities in ad-
dition to their regular duties.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18

Century Ribbon Company in the first
quarter of the current year earned 81
cents a share on the common stock,
against \ net loss of S62,1s9 in the first
quarter of 1888.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
SWINE MARKET
STEADY TO IS
CENTS HIGHER
Cattle Prices Stationary;
VealS, Lambs Show
Little Chance.

With exception of underweights
steady to Is cents higher, general
prices on hogs at the Union Stock
yards this morning advanced 10
cents above yesterdays average.
Initial trading was fairly active
with demand stronger. The bulk,
100 to 300 pounds, was selling at
$685.. Few better grades were sal
able at 81.
Other kinds, weighing from 100
to $50 pounds, brought 1925 to $3.75,
while light slaughter pigs, scaling
100 to 100 pounds, sold at $2.25 to So.
Receipts were estimated at 1000.
Holdovers, 213.
Practically all slaughter classes of
steers were active and fully steady
at yesterdays close. Early bulk of
better grade steers ranged from Sc
to $3.50. Other kinds held mostly
at $3.50 to Sc. Receipts numbered
1900.
Initial sales in the veal market
continued unchanged, with general
run salable at $3.50 down. Top held
at ST. Receipts we're 900.
With early supply consisting mostly
of shorn western lambs, all prices
were stationary. These classes were
selling around $3.50. Receipts we're
1900.
Bids and sales on hogs at Chicago
were strong with the previous ses-
sion. Top held at 81. Receipts we're
estimated at $4,000, including 5000
directs; holdovers, 1000. Cattle -
Receipts, 1000; calves, 1000. mar
ket slow, steady to weak. Sheep re-
ceipts were 5000; market strong.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
HOLD ANNUAL MEETING
Stewart Warner Plans to Reduce
Value of Its Stock.
By Times Special

By Times Special
RICHMOND, Va, April 18.-An-
nual meeting of the Stewart
Warner Corporation will be held
here tomorrow. The meeting orig
inally was planned to be held
Monday, but was postponed Satur-
day when it appeared there would
not be enough stock represented for
a vote.
Officials of the company stated
today that they. now have sufficient
proxies to go ahead. A plan to re-
duce the par value of the COM
pany's stock from $40 to SIS, and
to change the corporations name
to the Stewart Warner Alemite
Corporation will be the most inn
portant items to be discussed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
UNITED AIR LINES SHOW
II PER CENT INCREASE
Revenue Passengers in First Three
Months Total 26,324.

By Times Special
CHICAGO, April ia II per
cent increase in revenue passengers
carried on United Air Lines the
first quarter of this year over the
corresponding period of vast year,
was announced today by w. A.
Patterson, president. Travel
constituted a record for winter
months during the seven years the
company has been operating.
During the first three months
United carried 26,324 revenue pas
sengers on its New York Chicago
Pacific coast and other passenger
express routes, contrasted with
1877 passengers during the first
quarter of 1888. The company flew
slightly more than 100000 miles
during the quarter.
The company's gross income, how
ever, was affected by the substantial
loss in income due to the blanket
cancellation of all domestic air mail
contracts during the quarter.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
GRAIN FUTURES
MOVE UPWARD;
TRADING LIGHT
General Sentiment More
Favorable to Buyers;
Bye Strong.
BY HARTMAN w. NICHOLS
United Press star Correspondent

CHICAGO, April 1S.-The grain
markets apparently have reached a
sold-out condition and with en-
couragements from the general run
of news opened slightly f1rmer On
the Board of Trade today.
Wheat was i to a cents higher,
corn was up L to * cent, oats
firmed IS to 3 cent. and rye was l
to is cents improved.
The general sentiment in the pit
was more favorable to the buying
side. News from Washington that
the proposed grain exchange legis-
lation has poor chance Of pass
ing this session, also cheered the
trade.
Liverpool was ma or fractions
stronger than expected.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
Sees Bank RESPONSIBILITIES

CREDIT for these efforts is due
~ largely to George w. Felter,
president, who, incidentally, will
complete fifty years with the bank
this year. Mr.. Felter says he be-
lieves the public is entitled to
great deal more than merely a pass
book and per cent on its money.
1t is our policy, he advises, to do
everything within our power to be
of helpful assistance to our people.
We have attempted to show Brook
lyn people that we are deeply con-
cerned about their problems.
The Greenpoint is not an es-
pecially big bank as big banks go
in this country. But it is a big
bank, and an important one, in its
own community And 1t is one of the
SOundest institutions in the United
States, a condition of which Mr..
Felter may be Justly proud in these
trying times. Perhaps he is think
ing just a little more about the pub
lie and a little less about size than
most bankers.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
Foreign Exchange
by Abbott. Hoppin g. CO..
April IL
MARRIAGE Licenses

=, Rex Cosby Johnson. IS. of 1925 East
Lavenia Powell. 90 of 81 South Hamil-
ton avenue.
Eugene Patton %. of 1880 Columbia
of $685. Indiana avenue
John R. Downey. 90. of Danville. hatch
ery-man. and Mary E. Asher. %. of 2l68
North Meridian street. nurse
Harold O. Knight. IS. Of IT'S Exeter
avenue, laborer. and Murle X Fletcher.
Is of 1905 English avenue
. Christopher H. Reyher, 81. of Columbus
salesman. and Mary F. Page. d. of 1914
North Talbot street. clerk.
Emmert r. McNew. 81. of 100 Salem
lane: lsborer. and Elizabeth NJ. Hardy. 90.
of $50 North Belmont avenue.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
April 1s-Butter-Market
BUSINESS MEN PREDICT
NO LETUP IN RECOVERY
Results of First Three Months of
Year Are Praised.
Times Special

~ tMeS special
CHICAGO, April 18.-Leading
business men in many sections of
the country after appraising results
of the first three months of this
year predict that there will be no
letup in the cycle of business recoy-
cry soon.
Steel operation, according to the
American iron and Steel institute,
rose 90 per cent in the last week
and current operations are at SOB
per cent of capacity. In the Youngs-
town district operation rose to go
per cent of capacity, with execu-
tives expecting the figure to go to
10 within month.
The uprush last week was unex-
pected, and took production to the
highest point since last fall, just a
few points unxer the 1888 peak.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
Girls
Deaths

Jacob Levine. As. Christian hospital
pulmonary tuberculosis
Charles Steinmetz, 81. 1920 North Rural.
acute gaStritiS
Mary NJ Lyons. 90. 23l4 Parker, hypo-
static pneumonia
John Norton Feezel. is days, 1915 East
Thirteenth. whooping cough
Harry A. Boyde. as, 1884 West Morris,
William Allen, 50. s2s Leona. lobar
pneumonia.
Frank Johnson. Al. White river, drown
ing
Ermal Henderson. 40. ST. vincent's hos
pital. lobar pneumonia.
Harry Cayanaugh, a., city hospital
streptococcie septicaemia.
Sarah Edith Talley. SO. 4l4 Oakland,
chronic myocarditis.
Noah Arbuckle. 49, city hospital. internal
hemorrhage
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18

Collins Altman Company and subsidi-
aries in the fiscal year ended Feb. "a
earned Si5i a share on the common
stock after deduction OF charges and pay
ment OF preferred dividends against a net
loss OF $500. DOL in the previous fiscal year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
In the Cotton Markets
April IL
CHICAGO
NEW YORK
NEW ORLEANS
CHICAGO FRUIT MARKET
RAJ T-.ffcd Dro..

Baldwins, $3.50 bushel. Carrots-Iilinois'
so a 60c bushel. nach-TeHas, coca 81
bushel. Beans a~rn, green, s2G275:
wax, S2.50N3.25. Cucumbers = Central
western, hothouse, sl55G235 q doz.
Tomatoes-Florida, $l.65N2.75. lug box
Sweet Potatoes-Tennessee Si654l75
bushel. Observation-Disclosures, GOA 3oc lib.
cartonl. AsparaguS-California s225n
3.25 ldoZ. bunchl. Leaf lettuce-Illinois
dollhouse. soc l1o-lb. basket Onion mar
sl20 Michigan veilows. soGs5c' Oregon
yellows. 35n 90c: central western yelloWs
65g Use: Texas yellows. sl.35; Texas whites
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18

Fl. WAYNE. April i8.-Hogs-lO to 15c
sS;S5i 10000 lbs: $3.50; I6C;18O lbs, SO. q;
$50 lbs. S3.25; 130-140 lbs. So: 120-l30 lbs.
$50; 10o-120 lbs. s2.15: roughs, S2.75:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18

Atlantic Coast Line Company In the
frSt two months of the current year
earned SI.Si . share on the common
stock against I cent a share In the
FIRST two months of 1893.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
Directors Will Meet

BIZ tWfs NpfClnI
CHICAGO, April 13-Directors Of
the John R. Thompson Company
will meet here Friday to discuss
payment of the quarterly dividend
of Is cents a common share. Action
previously was scheduled for March
10, but was postponed until results
of the first quarter were known.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
Wall Street
Brooklyn Bank Teaches
Its Help Responsibilities
to Public.
by RALPH HENDERSHOI-
Times Special Financial Writer

THE Greenpoint Savings bank OF
l. Brooklyn is doing what appears
to be a real job in providing the
service to which the public is en-
titled from an institution Of that
sort. At least. it is bending every
effort toward that end. Perhaps the
most important thing it is doing IN
that direction is the instruction of
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18

Kennecott Copper Mining Company and
subsidiaries in l9S3 earned Fl cents a
share on the common stock after charges
against q net loss Of s7,lo2.l 1913 In 1881.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18

Tidswaier oil Company and subsidi-
aries IN 1888 had net income OF SIS 1872 =
702 after charges. against S2,172. lsl in
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18

Johns Evansville Company and subsidi-
aries in the quarter ended March 81 had
= net loss OF S76.oSi after all charges
against 1858, s99 in the first quarter of
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
LAFAYETTE

o sc birba1 A s5Gaas 9iH0 sdM se
10000 lbs, S3,60M3.70; 140-l6O lbs. So 25
$3.50: l25-l4O lbs, s275d3; loo-125 lbs.
S2q25 so; roughs. SO down; top calves.
$3.50; top lambs. So.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
Stickup Men Get $50

Samuel j. Shambaugh. IS, of go
East Minnesota street, was robbed
of $50 by two bandits. one of them
armed, last night. in an alley in the
rear of the 800 block East Mime
sofa street.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18

Packard Motor Car Company announces
that the new small car being built by them
will sell under 81 200
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-18
Bright Spots

tBy Abbott. Hoppin & Co..
American Locomotive Works untitled
orders at present time amount to 81 24S.
600. against 1913. 900 a year ago.
General Electric Company earnings
in the quarter ended March 81 amounted
TO II cents a share the common
stock. against cents n share in the
quarter of 1888.
Pennsylvania Railroad Company Feb
ruary net income totaled s474. sol after
charges against a net loss of 1898. 334
in February. 1888.
Baltimore & Ohio Railroad Company
February net loss amounted to S945 006
after charges against Sl,2l4.S5S in Feb
rurav last year.
Gillette Safety Razor Company and sub
March 81 ns to ' so aa after n
terest. depreciation and federal taxes.
against s9S7.77s in the first 1888 quarter.
Century Ribbon Company in the first
quarter of the current year earned 81
cents a share on the common stock,
against net loss of Se2,lS9 in the first
quarter of 1888.
Collins Altman Company and subsidi-
aries in the fiscal year ended Feb. "a
earned sl.5i a share on the common
stock after deduction OF charges and pay
ment OF preferred dividends against a net
loss OF s522.0ol in the previous fiscal year.
Philadelphia Company and subsidiaries
in twelve months nj So ended Jan: 81 had a
preferred dividends of subsidiaries against
se.l27; 25S in the previous twelve-month
period.
Packard Motor Car Company announces
that the new small car being built by them
will sell under $1,000.
western Union telegraph Company eff
fective this week is raising wages per
cent.
Johns Evansville Company and subsidi-
aries in the quarter ended March 81 had
i fsssn'' '''S'''' IN the hr'' quarter OF
pany February net loss totaled 81 $50 252
after all charges, against Sl.5s6.sss in
February OF 1888.
Lehn and Fink Products Company and
subsidiaries in the first quarter Of the cur
rent year had net profit Of Sie9. 40 after
the common stock. against IS cents a COM
mon share IN the corresponding 1888 period.
Illinois Central Railroad Company Feb
ruary net loss toteled 1858. 747 after
charges. against Ss29,l37 in the like 1898
month.
Atlantic Coast Line Company In the
FIRST two months of the current year
earned s1;5i share on the common
stock against cent share in the
first two months of 1888.
Tidswa,er oil Company and subsidi-
aries IN 1888 had net income OF SIS 1872
702 after charges. against AHA 1871 in
1883.
Kennecott Copper Mining Company and
subsidiaries in i9S3 earned 81 cents a
share on the common stock after charges
against q net loss Of s7,l02. 1913 In 1882.