davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-10
Smelling Call Impends

Accompanying the recent decline
IN American Smelling & Refining
IS OF 1947 from LOT to fractionally
above 1O2 have been reports that
the company is considering the .a-
tirement of the issues, outstanding
in the amount of $36,3S7 900, on the
next interest date, April l, 1895. In
doing so the company would have
to give holders 30 days notice of its
intention. Only negligible return
is available from the bonds at the
current level, since they are callabIe
at par.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-10
LOCAL CASH MARKET

City grain elevators are paying 90 cents
for No. 2 soft red wheat. Other grades
on their merits. Cash corn No. 3 yellow
81 cents and oats so cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-10
Treasury Statement


(By United Press
WASHINGTON, Dec. 10.-Government
expenses and receipts for the current
fiscal year to Dec. Z. compared with the
corresponding period of the previous fiscal
x~aa
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-10
Retail Coal Prices
DOMESTIC RETAn PRICES

The follouins prices represent quvtatlons
nom leading Indianapolis coal dealers
A 35-eent carving CHARGE Ger ton Will %
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-10
Trends
Babson Optimistic
Over State of
Business.
: BY VINCENT S. LYONS
Times Financial Editor

IT is a question whether the pan
icky pessimist Of the over
Jealous optimist is the more unde-
sirable creature. IN all probability
the striking Of a happy medium
between the two IS TO be more de-
sired at the present time. while
business Is in a state of something
akin 70 hux.
With both favorable and unfa-
vorable signs on the economic
horizon now, the best thing that
can be done is to keenly analyze
all the barometers Of business as
they appear and to determine
whether any improvement which
is shown is sound or not. With
so many parts Of the economy
machinery out of gear with the
rest Of the motor some abnormal
performances are 70 be expected.
To get a logical picture Of the stu
alton these anomalies must be
taken into consideration.
Roger w. Babson, business ana
lyst. last week declared that the
tide Of business recovery is flow
ing so strongly that nothing, mot
even President Roosevelt" can stop
It. indications" he continued. ARE
that the present upward trend will
continue until we pass the normal
level about 1886.
"THE only thing needed for
l. prosperity is for Washington
to attend to its own business Of
running an honest and efficient
government and quit messing up
any more with business until bust
ness has adjusted itself to the
revolutionary changes already put
into effect"
Among the indications OF re-
turning prosperity, Mr.. Babson
listed clearing up of bad business
situations, reduction Of private and
corporate debts, the vast amount
of money available for expansion,
decline of inventories, increase IN
department store sales, higher
power consumption, low levels OF
failures and the decline in labor
troubles.
Mr.. Babson has used very color
full language in his appraisal OF
the current business situation. But
it is doubtful if there is any other
business leader in the country who
would subscribe to his view. NO
one can deny that there has been
a substantial recovery in many
lines of trade from the low point
of the summer. A quick perusal
of the record of electric consump-
ton, steel production and car
loadings over the last few weeks
will indicate this.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-10
Money and Exchange

INDIANAPOLIS STATEMENT
Debts .................... 4219. 000. 90
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-10

ON numerous occasions during
~ the last few years several lines
of business have made impressive
forward strides, sometimes alone
and in other instances in unison
with other branches Of trade. Sub
seouent developments, however,
proved these movements to be
false starts, insofar as general bust
ness recovery was concerned.
The upswing at the present time,
which Mr.. Babson refers to, has
several characteristics that give 1t
more weight than its predecessors.
The betterment has been shown in
quite a few lines, has been well
sustained, has been stimulated by
seasonal demands and has had a
partner in a rising stock market.
After calling attention to the i'm
petuosity of the recovery, Mr.. Bah
son declares the sole necessity for
prosperity is a "handS-of" policy
on the part of Government toward
business until the latter has adj
iusted itself to the changes already
effected. It would seem that if the
recovery was so pronounced that
not even the President can stop 1t
that all the adjustments OF busl-
ness would have been completed.
TINE indicators of returning
i prosperity cited by Mr.. Babson
are all true, but accepting them
without analysis would not be
right. For instance "the vast
amount of money available for
expansion" has been in attendance
for some time. When these funds
are utilized for that purpose, as
the Administration desires, this
item will be of greater Importance.
Undoubtedly. every one would
like to be as sure of the mainte-
nance of the present upward trend
as is Mr.. Babson. Business has
been chided by numerous people
in the Administration to discard
its fears. but it is reluctant to
make extensive commitments at
high prices for fear that lower
prices may be obtained later.
Business has been improving.
Evidence has been disclosed on
both national and local scales. Sus-
tanned recovery when it does de-
velop will be backed up by the
weight of statistics, which are
much more difficult to break down
than is talk on the subject.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-10

Latest Stock, Bond and
Commodity Quotations
The Nome nugget., 1934-06-12
BECOME ADVERTISING MINDED PLACE YOUR BUSINESS AND YOUR PRODUCTS BEFORE THE PUBLIC EYE

Have you considered recently what it is to be without news, without an advertising medium without the opportunity if you SO desired, of placing some particular business. product or publicity idea before the public? k
 If so. you should be interested to know that during the past ten years, advertising and publicity, which are considered the two broth CT eorollaries to any, business, have arrived at a stage of development where, without them little hum- an endeavor or pursuit of business could exist.
 Advertising as is commonly re-
The Nome nugget., 1934-06-12

Tie man who does not advertise may continue to operate his husi- ness profitably for years and years. but the man who does advertise finds that his volume, his char aeter. and his quality of business is ever increasing. His reputation as business man becomes esta- blished and the quality of his ad- Iyertised products always makes new customers.
 The man who advertises in ths small town newspaper helps both himself and the newspaper; the newspaper helps the town; inc town is represented through the et 'ertioines channels e it's news parer and it ultimately draws the buslress 10 the town.
 'fe man who adyertiscs draws frem the newcomers beeause his rlMe has already baan before them. His business increases aa.l irsospers and he has reaped. lirect returns on his advertis l.&.
 The man who does n y advprtise tfn,its to certain ex It thruug , t1a efforts and adveltt:,ins !. the advertiser, because he :. draws new trade to the town and eonsequent- ly greater volume of trade is built up. But with advertising properly outlined, and carried thru to skillful conclusion, the adver tiser is sooner or later going tn absorb part of the non-advertiser' < volume of business, because he has his business in front of the public at all times. and thus keeps TIT with the modern demand of the
The Nome nugget., 1934-06-12


 The continued existence of a per iod of depression proved beyond [ shadow of doubt that 1t was absolutely necessary to put your business before the public. It was necessary to convince them thra dignified, we'll written advertise ments, that their requirements or needs of a daily life should be purchased and purchased now.
 The old adage: 'fFor want of a shoe the horse was lost holds equally wely in regard to sadye?- Using. For the want. of advertisin9 business was lost Why attempt to run modernEday business on the preambles and rigid induce. mens of a .by-gone era.
 Be modern with the rest of | modern world and keep your bust ness and yourself alive. and in line with developments. Advertise anu help your business: advertise and help your town; and advertise ant support your civic institutions.
The Nome nugget., 1934-06-12
NAT ACTIVITIE

Pilot Hans Mirow of the NAT took off this morning for Teller and Tin City. Mis- Rita O'Leary was passenger to Teller. Pilot Mirow expects to return from Tin City with. A. c. Blake as a pass enger stopping at Teller and then returning with Mr Blake to Nome.
 Should weather permit Pilot Mi row is scheduled to take off late this afternoon for Candle, Deer ing and Kotzebue, with express and mail.
The Nome nugget., 1934-06-12
MEMBER OF ASSOCIATED PRESS

ferred to. is associated with the printing of some notice or some fact which is desired to be plac. ed before the public, usually il newspapers. Advertising need not only be in newspapers. Advertising is nothing more than publicity. And advertising is one of the greatest aids to the modern-day, business man.
 Without publicity where wouli many of the famous brands Of products be- Where would the men who have become famous thru pub licity be, if their deeds or merits had not been put before the pub lie?
 Advertising and publicity ars the same the world over. No mat ter how laEge or how small, the business or town, advertising will always pay.
The Daily Alaska empire., 1934-03-30

Zynda
 MT. and Mrs, J. S. Jeffrey, Se- attle. & a SHUCKLIN ON WAY SOUTH Sam Shucki.n, merchandise brok- CT, is a through passenger for Se- attle aboard the steamer Alaska He is returning from trip through the Territory on which he went to the Interior and as far west as Kodiak.
The Daily Alaska empire., 1934-03-30
''BLACK LIST" BY RAINEY IS
 GROWING LONG
Both Democrats, Republi- cans Who Opposed F.
 D. R. Be Shown Up

WASHINGTON, March 30. = Speaker Rainey's self-styled "black list of Democrats who have voted against the Administration has grown so long that only about 25 members of the House majority now lack black mark.
 Speaker Rainey said that pos sibly, within day or so, he will remind the country of Republi- cans who have also voted against
 the President.
The Daily Alaska empire., 1934-03-30

. c AT THE HOTELS . oe . Gastineau
 L. L. Trimble, Seattle; Richard Wakelin; Tom Martinson, Cordova; A. c. Black, Portland, Ore.
 Alaskan
 E. J. Peterson, Juneau; B. L. Jelich, Juneau: J. Langseth, Doug las.
The Daily Alaska empire., 1934-03-30

barometric the Arctic and falling most the Bristol with the Southeast The weather portions of the Territory fallen on the
The Washington times., 1934-12-26
CURB BULL|SH
AS TURNOVER
TAPERS OFF
BY THEODORE KOsLOw

NEW YORK, Dec. 26 0N.S0
The curb market was disposed to
favor the bull side in a dull and
generally listless session today,
although gains were limited TO
relatively unimportant proportions.
Turnover tapered off after fairly
active start, with further dribbling
taX7Selling accounting for the
scattered irregularity that devel-
oped in various sections of the
list.
Utilities were inclined to show
firmness. American Gas and Elec-
trio rose "a to 1912, Electric Bond
and Share was up 1s at 63s, Amer
lean Light and Traction gained "a
to 834, and United Gas was up 1s
at 15s.
Selected specialties improved
fractionally with American Laun-
dry Machine up 70 at 1874, Dow
Chemical up u at 8312, Ford of
Canada A up 1s to new high at
1874, Fisk Rubber up "a at II,
American Cyanamid B up 1s at
1873, and Greyhound up 1s at %.
Oils we're spotty. Humble dipped
7s on profit-taking to 40. and
Creole was up Is at 1918.
Pennroad and Atlas ruled un-
changed among the investment
trusts, as did Distillers Seagrams
and Hiram Walker in the alco-
hol list.
Newmont firmed "a to 80 in
the metals, while Hudson Bay
sagged "a to 111a. The Cities
Service issues continued in sup
ply, the common dropping 1s
to 12s, and the debentures eased
3s to 381s.
The bond market ruled firm.
General Refractories IS was a
feature with gain of 111a points
to a new high at 15O12, while
American Power and Light IS led
the utility section with an up
turn of 3s to 5O34.
The Washington times., 1934-12-26
Agriculture Planning Found
Spreading Over World
IHlRhl Low ll:l5

+, duction regulation, will be allowed
free play.
Germany-Already in "almoSt
complete control of grain mar.
keting and grain imports, Ger.
many is expected to bring about
indirectly a reduction in wheat
acreage by encouraging the plant
ing of other crops, although no
specific drive at cutting wheat Is
likely.
Canada-Is empowered to set
up marketing quotas under Ger"
tain circumstances, but is more
likely to encourage retirement OF
some wheat acreage, although not
by direct action. The country
might have no great objection to
a system of subsidy and produc'
ton control, Steere believes, but
probably would not find it eco
nomically feasible.
Australia-Preparing to pay
price bounty of about $20,000,OOO
to wheat growers. Has full au-
thority to control exports, and
might consider the possibility of
direct action toward regulating
production, although that step is
not regarded as in the cards now.
Arge tin a-Reinstituting a
minimum price law, under which
the Government takes the loss If
the price is not as high as the
bounty it pays. Low prices over
considerable period might lead
this country to act directly toward
control.
England - Here, too, subsidies
will continue on set quantities Of
production.
Russia-No great change in
technique expected here, control
already being virtually all-inclu-
sive.
The United States-Going for.
ward with the acreage restriction
and benefit program. Probably
leads the way in the number Of
crops under the Government reg.
ulation, save, of course, Russia.
The Washington times., 1934-12-26
Industrial Activity Upswing
Seen Better Than Seasonal
High Low /:

crease in the early part of De-
cember, following a decline in
preparations for new models.
I'm November, lumber output
decreased by more than the
estimated seasonal amount. At
woolen mills there was a con-
siderable increase in output
while consumption of cotton by
domestic mills showed a slight
decline.
Activity at meat-packing es-
tabliShments showed less than
the usual seasonal increase.
Production of the leading min
erals was at about the same
level as in October"
Analysing factory employment
the board found seasonal declines
smaller than usual in the auto
mobile, shoe and earning indus
tries, but larger than usual al
railroad repair shops and saw
mills. Payrolls of meat-packine
establishments, while showing a
SOA4OAAC4 dO4C NCSA444C "C1C 1S
ported larger than during any
November in recent years.
The decline in awards of con
struction contracts from the
third to fourth quarter was re
ported smaller than usual, while
farm income, despite sharp pro
duction cuts, was said to be
larger than in either 1882 OF
1888, reflecting chiefly higher
prices and, to a smaller degree
benefit payments"
Freight car loadings were re,
ported down by less than the
seasonal amount and retail sales
well maintained"
The usual holiday increase in
the demand for currency and
continued gold imports we're re
ported the chief developments at
the Reserve Banks.
The Washington times., 1934-12-26

A movement among COVER n
ments throughout the worl d
toward closer control Of agricul'
ture apparently is gaining mo-
mentum.
That is the situation as pre-.
sented by the Bureau of Agricul'
tural Economics, which keeps
cautious, objective watch for the
Agriculture Department upon in
ternational developments.
Almost everywhere, says Lloyd
Steere, a foreign observer for the
bureau back from a long tour
abroad, nations are maintaining
broad powers and in" several il.
stances arming, or preparing to
arm, themselves with further au-
thority.
U. S. Started Era
The United States, regarded as
one of the most democratic of
countries, opened the way with
it's adjustment programs toward
an essentially new policy of gov
ernment regulation of agriculture,
or intervention into it's Difficult
ties, Steere says, and other ma
tions have not been slow in
following.
Selecting wheat as great
world crop and illustrative Of
general trends, Steere gives the
following summaries of the pres,
ent status of that crop and what
in his opinion, may be expected
to develop in the movement:
FTance-Preparing to abandon
minimum prices fixed by law
under which restriction of produc.
ton was not included-this coun.
try shortly will initiate a scheme
of control over the planting of
certain types of wheat, never be-
fore attempted there. 1t hopes to
keep production in hand and to
effect what amounts to a price
guarantee satisfactory to the
French farmer. Prices, after the
institution of that system of pro-
The Washington times., 1934-12-26

Better than seasonal gains in
industrial activity were reported
yesterday by the Federal Reserve
Board.
Steel, a leading indicator, es.
pecially was singled out as hav'
ing a bigger output than Gus
tomary in the early winter
months. Coincidently the pre-.
holiday shopping demand was de-
scribed in these words:
preliminary figures for the
first half of December indicate
a more than seasonal increase
in Christmas trade"
Factory employment, however,
suffered a seasonal drop and was
reported to be no better than a
year ago, while the number EN-.
ployed on public works construc-
ton projects was said to have
declined further in November. ."
For the month of Novembe2'
and early December, the board
gave this general summary.
"The rate of industrial actiy.
ity showed little change and the
general level of commodity
prices remained unchanged. Dis
tributiOn of commodities to con-
sumers was we'll maintained"
Discussing production, the
board said the decline was some
what smaller than is usual at this
season and consequently the
boards seasonally adjusted index
advanced from 73 per cent of the
1923-1925 average in October to
"a per cent in November"
I'm the steel industry" it
said, "Output continued to in
crease during November and
the first three weeks of De.
cember, contrary to the usual
seasonal tendency. Automobile
production also showed an in.
The Washington times., 1934-12-26
STRONG
BUT TRADING
IS DULL
By SAUL LEHRER

NEW YORK, Dec. 26 GN.S0
Strength marked resumption Of
trading on the bond market today,
but trading was very dull.
Speculative rail bonds showed a
firmer tone with the exception Of
the Chicago & North Western con-
vertibles, which lost fractionally;
st. Paul IS were unchanged; the
Rock Island convertibles were up
slightly, and the Florida East
Coast IS were unchanged.
Studebaker certificates jumped
more than 2 points and the SIS
were up about a point.
United States Governments
were dull, with the Home Owners
Loan 224s slightly higher.
Investment grade rails we're
quiet, with the AtchiSon General
IS declining.
Foreigns were irregular, with
the German 512s up and the Is
down.
The Washington times., 1934-12-26
Municipal Finance
Schedule Is Light

The holiday week will see very
little activity in the municipal
market. the Daily Bond Buyer
reports. A total of only $4,929,.
ATT in new bond offerings is
scheduled by IS municipalities as
compared with the revised total
of $54,027,289 during the past
week. Weekly average for the
year to date now stands at $19,-
441,982. Last weeks large total
was accounted for principally by
the $42,900,000 New York city
financing.
The only major piece of finan-
cling listed for next week is an
offering of $2,2O3.00O various 4
per cent Improvement bonds by
the city of Cincinnati, Ohio,
scheduled for Friday.
The Washington times., 1934-12-26
Wholesale Price
Decline Checked

The decline in wholesale com.
modify prices during the first two
weeks of December was checked
in the week ended December %,
according to the index of the
National Fertilizer Association.
The index for the latest week
was 75.4, compared with 1872 in
the week preceding; 75.7 a month
ago, and 67.8 a year ago. The low
point for this year was 68.6,
reached in the week of January
6, and the high point was 1855 in
the week of September %.
The Washington times., 1934-12-26
COTTON GOODS

NEW YORK, Dec. 26 I.N.sl.-Taking
up where they had left off on Monday,
operators in the coarse yarn cloths mar
ket today renewed buying operations,
and although volume failed to reach
the heavy proportions of last week a
respectable total of business was booked
and the stiffening tone of prices con-
ttnued. The print cloth list was strong
and active. with advances being paid
for late deliveries on some styles. Or
ders which came in during the day
usually were not greater than 5000
pieces and frequently were smaller. but
there was fair quantity of them. Spot
goods were not heavily pushed on the
market ana nuyers in some cases were
little surprised to find that the sup
ply of quick shipments on many Of the
print cloth yarn styles was smaller than
they had realized.
The Washington times., 1934-12-26
Business Failures
Are Again Lower

Business failures in the United
States were again reduced in num-
Der. The records of Dun & Brad
street, Inc, show PIG for the week
ended Thursday, December 20,
1884, compared with 231 in the
preceding week.
For the comparative period a
year ago $50 defaults were re-
corded, bringing the reduction
from the 1888 total down to 12.4
per cent. For the year so far the
decline has been 40.6 per cent.
The Washington times., 1934-12-26
PITTSBURGH

PITTSBURGH, Dec. IS GNs).-(AH
poultry, butter and eggs are wholesale
prices to dealers.)
Poultry-Market unsettled. Leghorn
sprngers, 11@12c; colored hens. 13917c:
Leghorn hens. 9@12c; Barred Rock
springers, 14@1sc; White Rock spring
ers, 140 18c, mixed colored springers, 13
@15c; young turkey hens (8 pounds and
over), 1SQ20c; old turkey hens, lie;
old ducks, 12@15c; geese. 15@16c ordi-
pounds and over), 1s@ zoe; old toms,
17c; roasting chickens 6 pounds and
score, 31%c; SO score, 291ac; ss score,
281sc; standard, sOkc.
Eggs-Steady. Nearby current re-
ceipts, ESQ 27c: fresh extra firsts, $50
2sc; hennery white extras, 2S@32c.
Tomatoes-Market stronger. Florida
lug boxes, 6x6 pack and larger, $500
5.25; SKI and smaller, S1.25 02.50; Ohio,
hot house 8-pound baskets, medium. $1.4O
Q1.40.
Cabbage-Market steady New York,
Danish type, 5O-pound sacks. $50 40cc;
S0-pound sacks. 6OQS5c.
~ CHICAGO
CHICAGO, Dec. 26. (IN S.).-ButteP
Receipts 10000 tubs; steady; old cars.
I; new, IL; extras. 3Ohc; standards.
2sHc; extra firsts, 2S% q 2s1sc; firsts
FIX q 2SAc; seconds, 26926i2c; spe-
cials, 3103112c.
Eggs-Receipts 1853 cases; firm; old
cars, /; new. |; current, rs; fresh
extra firsts, less than cars, 291ac: cars
29i2c; fresh firsts, less than cars
2712c; cars, csc; dirtes, 18@20hc:
checks, 17@1912c.
Cheese-Twins, 14H @14iac; single
daisies. 14H q 15c; Longhorns, lax q
15c
Live Poultry-Turkeys. 22c; TOMS
$50 2oc; hens, s015c; springs, 12g19c;
roosters, 10c; ducks. II q 20c; geese, 10
q 16c.
Potatoes-Receipts 81 cars; on track.
17s; L. S. shipments. 416; no trading,
account Of cold weather.
The Washington times., 1934-12-26
ChicagO's Listed
Stocks Improve

twenty-five representative
stocks listed on the Chicago Stock
Exchange had a market value at
the close of business for the week
ended December % of $479, ,126, 900.
an increase of $920,625. or O.19
per cent, as compared with the
market value of $478,205,375 at
the close of the previous week, &C.
cording to Paul H. Davis & CO.
At the close of the correspond
ing week a year ago, the same Is
stocks had a market value of
$424,923,5OO, indicating an in
crease during the year of $54,-
2O2,500, or 1916 per cent.
The Washington times., 1934-12-26
81 Extra Voted
By Seeman Bros

Seeman Brothers has declared
an extra dividend of 81 and the
regular quarterly dividend of 621a
cents.
The regular disbursement and
so cents of the extra is payable
February to stock of record Janu-
ary IS and the remaining So cents
is payable May l to stock of record
April IS.