davidaulloa/AmericanStories huggingface dataset:
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1935-06-27

VI q Va az OuAANAAA6
which proclaimed
itself to be the
quarters Of a hard
ware store. In
curing glanc e s
were directed at
the guide, but that
W or t by plunged
into a glowing de-
scription of Airing
ton cemetery. Fran
els Scott Key and
the house he lived
in were left behind.
History hos hoon
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1935-06-27
Other
Difficulties

conceal their antagonism for Secretary
Ickes while the $5,0O0,OO0,0OO bin was
before them. Indeed, some Of them laid
down an irrevocable position demand
ing that Mr.. Ickes, public works ad-
mInlstrator under the old order, should
have nothing to do with the new fund,
wbereupon the President soothed their
hurts by saying that he himself would
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1935-06-27

Jackie Kaul, a New York boy, five
years old, thought kidnapped, is found
IN the East river, drowned, by acct
dent, undoubtedly.
After dreadful anxiety, to know the
truth brings relief to the parents. The
sad death of this child shows how
faith and a belief in the hereafter
console human beings. Faith that
their child is happy in another world,
and has been happy and safe ever
since they first missed him, makes
their grief bearable.
.. King Features Syndicate. Inc.
WNU gervica.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1935-06-27
MOUNTAIN IN OCEAN

A mountain peak 1000 feet high
has been found rising from the bot
tom Of the sea, go miles off San Nich-
olas island, of the coast Of Long
Beach, Calf, according to Capt. o.
w. Swanson, commander Of the
coast and geodetic survey ship Pio-
neer.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1935-06-27
Soviet "I.uxurv Tra;n,s

Soviet Luxury Train"
Radio, telephones, a library and
special car for "culture and rest" are
some Of the features of a luxury
train" running between Moscow and
Tiflis, Russia.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1935-06-27

When Sentiment Fades
At a certain period in ones life
souvenirs become junk.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1935-06-27
BRISBANE
THIS WEEK
Wealth Is Wages
Most Constant Market
Wages and Prosperity
Long Wants Chunks

The American Cotton Manufacture
ers, association, at Charlotte, N. c.,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17
PROFIT-TAKINC
PARES EARLIER
RISE OF STOCKS
Silver Issues, However,
Move Up as Metal Equals
Treasury Price.
BvFuitsdPress

BIZ Tuifsd Press
NEW YORK. May 17-SIver
shares strengthened today as the
world silver price reached the
treasury level other sections of the
stock market list were slightly ir-
regular because of proht-taking
Volume decreased from yesterdays
level.
Communications issues made good
gains. American Telephone made a
new high for the year at III. up Is
while Western Union reached 299a j.,
up II.
In the silver division, United
States Smelling was at 1864. up
ia. American Smelling Az. up Is
and Cerro De Pasco go, up l. Cop
pers eased after early strength, al
though Anaconda held around its
high for the year Oils we're strong
and fairly active.
Rails were about steady as were
motor shares Steels we're strong
with United states Steel at IS. up
+ and Bethlehem %. up p Con-
solidated Gas gained p to 1914 and
other utilities we're steady to firm.
Grains also ran into selling with
wheat. corn and rye down cent or
more a bushel. Cotton gained a few
points. other commodities were ir-
regular In a narrow range. The
pound sterling jumped more than ?
cents against the dollar to S492i4
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17
CAPITAL BEGINS
FINESSINC GAME
ON CURRENC|ES
Attempts Being Made to
Force Some Power Into
Calling Conference.
BY HOBART c. NIONTEE
United Press STAFF Correspondent

WASHINGTON, May 1.-THE
game of f1neSsing some
one into issuing a formal call for az
conference to discuss
currency and exchange sterilization
was launched today Two of the
administrations principal New Deal
ers sat ii the game.
Most of the major powers are now
that some international
cooperation and agreement to
bring about exchange Sterilization
is an economic necessity. The diplo-
matte question is who is to take the
lead and formally suggest that Sucn
a parley be called.
The general feeling here is that
London would be the logical meeting
place for such a conference. The
British government, however, still
retains some painful memories of
the 1888 conference on monetary
and economic matters, which flzzled.
President Roosevelt felt the United
States was not yet ready to stabilize
4IS Cull 6I1Cy. L u6 QO14dA 4dGC4 DID
to SO cents.
This government now feels that
the time has come to stabilize. Two
of President Roosevelt's principal
aids, Secretary of the Treasury Henry
Morgantheau and Secretary of State
Cordell Hull, have put out feelers
toward obtaining international CO.
operation.
Neither Mr.. Morgantheau nor
Mr.. Hull mentioned, specifically,
the desirability of calling an inter-
national conference to discuss eX-
change sterilization. Such direct
mention would have put this gov
eminent in the undesired position
of taking the initiative.
Neither, however, left any doubt
in the minds of foreign diplomats
and other observers here that the
United States would be pleased If
Great Britain or one of the other
powers takes the cue offered them
and formally suggests the advisaoll-
itv of an exchange conference.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17
SWINE VALUES
RISE SHARPLY
Prices Generally Is to rs
Cents Higher; Top
Reaches $3.50.

An extremely strong undertone
featured trading in hogs at the local
stockyardS today and prices were
sharply IS to 25 cents higher than
yesterdays best average. The top
price for good and choice kinds held
at $3.50 a hundred weight, the high
est price paid since March IL.
The advance, effective in prac-
tically all classes, was noticed mostly
in the lightweight division where
prices were generally 25 cents above
the previous close. Trading was
slow at the opening, but soon moved
at faster pace as demand
strengthened.
Receipts today were estimated at
$500, a decrease of only 500 from
yesterdays figures. The bulk, 1870
to 275 pounds, cashed in at S9.45
to $3.50, a new high for more than
a month. Heavy classes, weighing
275 pounds and upward, sold at 1925
to $940. LightWeights, from 100 to
100 pounds, brought S8.75 to 1925,
while light lights, scaling 100 to 100
pounds, held at $750@8.50. Hold
overs we're 1876.
Initial dealings were less active in
the cattle market with slaughter
steers scarce and unchanged. Few
she stock. however, were active and
strong. Good and choice grades of
cattle were absent. Receipts num-
bered 900. Vealers continued strong
at $3.50 down. Receipts were 300.
With practically no choice graocs
on hand, the lamb market was dull
and quotably steady at yesterdays
average. Few classes of native spring
grades were salable at SO down,
while slaughter sheep sold at 81.
Receipts were 200.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17
On Commission ROIU

Quotations below are ayeraEe wholesale
prices heine offered 10 BUYERS bv local
commission DEALERS
Fruits-BansuaS 4Nsc 10 APPLES.
Winesaps. SAYS Rome Beautvs- s. IS.
Ben DAVIS 81 50. BaldUins. 81 s.. Lemons.
SuuktSt 36os 81 IS. GRAPEFRUIT Califor-
mia seedless s. Is. Florida. seedleSs. SIS IS
LINES. Mexican. uer carton rs. zee
case S2s0as So Tennessee Blackemores.
SECT case. SO IS Grapes. south America.
So-l6. box. s. 29a 50 Emperors. So Can
taloupes. Honey DewS. South America.
s. IS. Mexican JumbcS. s. a crate. stand
ards 81 a crate
large crate. s. IS Onions. new Texas
s0-ih. bag s. 60 new Texas white S0-lb.
l00-lb bag. IS. selected cobhlers. teo-lb
bag 81 SIS northern round white i0o-le-
haE 81. ChioS t00-lh bag. s. Is Idaho
TOOLS. baS s. Is Sweet Potatoes Indiana
JERSEYS husheI 81. medium or seed $40.
Nancy Han sushel. 81 s. Beans round
striurless hampers. $50. wax 81 souI.75.
dor soc Jumbo. dor. ssc. hearts. ooz.
g1c Cucugnbers. hot house 6oz soc. >
dor box 81 50 End5ve California. dozen. 81
Egg plant 81 Is u 50 der kale. buShel. soc
Lettuce hot house ls-le. basket so. Cali
fornla Iceberg head lettuce Sass. Manages
s. 50 q crate. small basket sos. Mint. coz-
T5c. Parsley. coE 3Sc Peas California.
hamper. s. spinaeh. Texas. bushel 81 IS,
Sc. TGrni1s 6ushei 81 IS Parsnius. half
bushel. si2s ParsnipS Sushel 81 IS
Beets. crate uew Texas. 81 e.. Carrots
California crate 50 rs, doz- soc Rha-
ton 81 80 REGULAR Io-i6 carton. sis.
All quotations subject to chance u OF
down
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17
France Is Willing

By United Press
PARIS, May 16.-France is pre-
pared to accept an invitation to ne
gotiate currency sterilization eth
er by participation in an interna-
tional conference or by talks be-
tween the various governments, the
United Press was informed today.
This decision was attributed to
declarations of United States Treas
ury Secretary, Henry Morganthau
Jr., that when the world is ready
to seek foreign exchange stabiliza-
ton, washington will not be an OBJ
stacle."
Governors of the Bank of France,
whose views reflect government sem
timent, hailed the speech as mark
ing one of the most important
changes in President Roosevelt's
policy.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17
Other livestock

LOUISVILLE. May I7.-Cattle-Receipts.
ITS. slaughter cattle in light supply run
includes load southerns in feeder flesh; de-
mand fairly broad; market generally
Steady: bulk common to medium steers
and heifers, s725m3z5; common dairy
breds down 10 s675 and less for thin
grassy heifers, better finished steers and
heifers quotable to 5000 and above. bulk
beef COWS. s5.50N7. good beef bred cows
to $3.50 and higher for smooth heifer
types; most low cutters and cutters. 50 50
as better Hereford stock calves salable.
s7as: palmer grade light soutnerns, most
IL s3.50G5: few feeders. s525: sausage
bulls. SIS so down. CalYes-Receipts, $50.
including ITS stock calves: market fully
steady: bulk good 10 choice vealers. $500
g. so. most medium and lower grades. IS so
down Receipts. TOO; market. l0c
higher; top and bulk better l50-251 lbs.
SO IS: 255 lbs. up. So 30; l6O-I75 lbs. s575
i40-I55 lbs. s825. l20-i35 lbs. $3.50: SOW 5
weighing 400 lbs down. $3.50; heavier sows
discounted SOC Sheep-Receipts 1000;
run mostly spring lambs with double Of
Tennessee rail lambs included; market not
established. most early bids Csc lower,
but sellers holding for steady prices and
asking s9.25 for Lulk better trucked in
springers: old crop sheep and lambs IN
changed: medium t. good clipped lambs.
mostly IS 50G6.50: c5mmon clipped throw
outs. 81; most fat clipped, ewes. s2.50Gs.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17
WHEAT PRICE OFF
IN EARLY DEALINGS
Weather and Crop News
Appear as influences.

BIZ United Press
CHICAGO, May 17.-Weather and
crop news reappeared as dominant
market influences today on the
Board of Trade and wheat prices
eased.
At the start wheat was Il to 2s
cent lower; corn was Is cent lower
to % cent higher; oats was up Is
to y cent, and rye was unchanged
to Il cent higher.
Reports of scattered showers in
the Southwest and continued ia
vorable weather in the spring wheat
territory brought in some selling.
The Liverpool market failed to re-
spond to the sharp upturn here yes
terday, but managed to hold about
steady.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17
NEBRASKA CITIES MAY
OWN UTILITY PLANTS
Legislature Opens Door for Expan-
sion of Public Ownership.
BIZ United Press

bU CNttGN iItSS
LINCOLN, Neb. May 1.-THE
Nebraska Legislature, now hurrying
toward adjournment, opened the
door for expansion of public owner
ship Of power utilities as one of it's
final acts.
me Howard GoWan enabling
act, permitting cities and villages to
finance power plants or transmits
sion systems by pledging future
earnings, is believed certain to re-
suit in general acquisition of utility
holdings by municipalities through
out the state
The bill was forced through the
Legislature under sponsorship of the
Nebraska League of Municipalities.
in the face of bitter opposition from
a strong power lobby.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17

CHICAGO Nav Apples MichiEan
SPIES. bushei boxes 81 eotf IS Illinois
paws STATS carrots-W western crates.
Coz $1,000 $50 Turuips- Nisstssl ppt
huxhei escr 81 Sweet putatoe ST Tennessee
rushel 81 Leffnre-WeSfern crates coE
So SCI Leaf lettuce Illinois. lob car
tens. eS1Tsc Beans-Florina. buxhei sc
CaehAge-MAsslsSlp crates 81 snki 50
Onion setS-Llluols and Michigan. SACKS 4
huEhel. si1l SO FeaS-Califernsa bushel
hampers. 81 2seff. co Tomatoes Florida
Jugs 09w3 Spiuach-IAnots buShel IS
81 13c. AspzrnE aS-Ilinuls sectional crates
tao c7xens. $50 soc RhuhArb-uhnois 90
-. carfc1S. 4oN Soc Onion market So
le; seckSl-Iexas ysllcwE and whites. 81. IS
$3.50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17
RURAL RETAIL SALES
FOR APRIL INCREASE
Demand for General Merchandise
Up 81 Per Cent in Month.
By Times Special

BIZ Times Special
WASHINGTON. May 17.-Sales of
general merchandise in small towns
and rural areas during April of the
current year were approximately 81
per cent higher than for the same
month of 1884, according to a re-
port released today by the Depart
ment of Commerce.
April figures were largely 81 per
cent above those in the same month
of 1888 Daily average sales in
April increased about per cent
from March, the report showed.
The seasonally adjusted index for
April was 101 per cent of the 1929
81 monthly average, compared with
9712 per cent in March and 9012 per
cent in February. Total sales for
the first four months of 1885 were
2115 per cent higher than for the
same period of 1894, it was stated.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17
EGG STORAGE LOWER
May 1 Supply or $4,000 Cases
From anne Date Last Year.

hW tHts NHNEiHE
CHICAGO. May 17.-Domestic
holdings Of cold storage shell eggs
at the start Of the current month
were 100000 cases. a decline Of
1873. 900 cases from a year ago. &C
cording TO the Bureau of Agricul-
tural Economics.
The showing proved better than
the consensus among traders on the
Chicago Mercantile Exchange. EX-
pectationS were that the supply
would be 100000 10 100000 cases
under a year ago.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17
Wall St.
Steel Institute IS
Confusing on
Income Study.
BY RALPH HENDER SHOT
Times Special Writer

NEW YORK. May IA re
L lease" sent out by the Amer
lean Iron and Steel Institute today
states that "a compilation Of the
earnings records Of companies com
prislng a large part Of the steel
industry shows that the weighted
average Of earnings On capital.1a-
ton has been only 25 per cent
after ali charges bit before clVl-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17

bends" during
the last 10 years.
It makes the
point that this Is
375 per cent less
than would have
been received on
"A ike sum Of
money deposited
in an ordinary
savings bank
This looks as II
it might be- a
buildup" for the
savings bank but
that undoubtedly
is not the case
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17
E. H. H. SIMMONS NAMED
Former Stock Exchange President
Picked for Vice President.

BIZ 7 lme8 Special
NEW YORK, May 17.-E. H. H.
Simmons, former president of the
New York Stock Exchange, has been
appointed vice president of the insti-
tuition to serve a one-year term.
Mr.. Simmons, who was named by
the governing committee, succeeds
Allen L. Lindley who served under
Richard Whitney.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17

I. probably represents an effort to
show that big business needs sym
pathy rather than censure. II sucn
is the case the argument is rather
poorly stated In fact, IT contains
important elements which might
have the effect Of creating con-
fusion
As the utility companies have
been contending for so many years.
the capitalization OF a concern
bears little or no relation TO earn
inps. Many companies have been
capitalized in box-caT figures which
actually weren't worth a plugged
nickel. The average security holder
Of today would kiss ais mother-ln-
law if his stocks suddenly sold at
half the par value printed on the
certificates.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17
Produce Market

Delivered in indianapolis prices: Heavy
breed hens Ice: Leghorn hens. lac;
broiIers 2 lbs. and up zoe: Leghorn broil-
ers 2 lbs and up full feathered. 18c Leg
horn oFosTs lbs and Up nun c6ess and
stays SC. Ducks. fun feaths. ed and fat:
&c: geese. fun feathered and fat. &C.. All
classes Of guineas. l5c: No. ! strictly fresh
If ioc a pound under s. lbs; will be MADE
Butter-No l. 29G soc; butterfat. FAC
quoted by the waoley Co
by United Press
.aIcACO Nav 7.-FgEs-Market firm;
re- -ipts 1898 extra frsts. p iac; tresn
graded irsts, 24i4c. current receipts 25 tte;
Arm: receiDts 1886: extra irsts tso-9lia
scoreA. 25iaG 2594c: extras ls2 score.
26I.c;, frsts $780, scorel. 2+i2@ 25c:
27isc: Standards, 2siac: market steady:
2ic broilers. phi = Gle: fryers, 2lis@23i2c
old rooSters. l3i1a 4iec ducks. ia lIisci
ems 24T25c. Leghorns. l7i2c Cheese =
Longhorns. las Il l5c Pofatoes-old stock
supply liberal: demand and trading mod
round whites 60G $50 Idaho russets. 81 Is
II 37i,. New stock. Supply Aceral oe-
mand and trading moderate: market
81 2sai 40: Mississippi Bliss Triumphs.
81 rs. Alabama Bliss Triumphs. 81 6oW
IS. United States No ?, 81 i5Mi IS Ar
rivals. 100; on track. 3i3; shipments. TAO
CLEVELAND, Nav i7-Butter-M Market.
firm extras. soc: standards. 30i7c. Eggs
receipts. 23isc Poultry-Market firm:
heavy fowls. ale. medium fowls, 2lH32c:
ducks. Young. 2ol ale. ducks old. lsc
Ohio best mostly SOC: Florida hastings.
Nc. /. s2.75IS @ barrel.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17
HUGHES NEW PRESIDENT

NEW YORK. May Thames r
Hughes. president OF the New Jer-
sey State Board of Public Accounts,
has been elected president of the
New York State Society Of Certi-
fed Public Accountants.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17
Other livestock

tBy United Pressl
LAFAYETTE May l7.-Butcher hogs. 5
to 10 cents higher: lights and pigs. 25
cents higher. 100000 lbs SO IS: 300-325
lbs. So IS. 10000 lbs. $500 160-lso lbs
ssI5: i5O-i6O lbs. 50. l40-150 lbs. s875;
i30-l40 lbs So so; i0o-l3o lbs. s725 a 8 IS:
roughs. $3.50 down. Calf market steady,
top. $3.50 Clipped lambs, So. Spring
lambs. s8n9.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17
Selling of High Grade
Bonds Seen Resulting
IF Bonus Hurdles Veto
Ephemera usory Gains Via Fiat Currency Held in Pros
pect by Economists: Cost OF Living Will
Rise 1t Is Held
BY A. L. JACKSON
Vice President. Economics statistics. inc.

YORK opposition The Patman
bonus bill predicated upon bond
plentiful supply funds essential element in the
admnraons plans point
by the extremely careful although somewhat
Treas1rv,s spendng
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17
CALLS FOR ISSUES
New York Agency to Take Over
Assets of 81 Companies Next Week.

By Times Special
NEW YORK. May 17-Further
action to consolidate its control Of
the S781 100000 of certified mort
gage issues Of the guaranty and
title companies in rehabilitation was
taken this week by the New York
State Mortgage Commission.
The commission directed the Su-
perintendent of Insurance to sur
render on next Tuesday the mort
cages and properties behind the GER
tificates of 81 companies totaling
SIT, $40, $50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17
(By James E. Bennettl
LOCAL CASH MARKET

City grain elevators are paying 90 cents
tor No 2 soft REQ wheat Other grades
on their merits Cash corn No. 2 yellow,
e1iz cents. and oats 80 cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17


Make no mistake about the fact
that the Administration dominates
the money market. 1t has the
power and is using it. At present,
conditions are extremely favorable
to the governments plans. Natural
" the government views with ap-
prehenSion and opposes such OBJ
viously inflationary development as
the Patman bill, which may disturb
the money markets.
Bill Would Upset Finance
Assuming that the bill becomes a
law over the Presidents possible
veto, how will it affect the money
markets and business activity?
An unsettled condition in the
money market would be the imme-
date result. Such a large increase
in the supply of money would be
construed as inf1ationary, and pre-
cipitate the selling of high-grade
bonds. This issuance of fiat money
would also tend to develop much
concern about the credit position of
the government.
The longer term effects would bD
just tho opposite. In the first place,
it is unlikely that the government s
credit would be materially weakened
by payment of the bonus. In addi-
ton, the money would return to the
banks and increase the excess re-
serves of the member banks. Thus
the supply of uninvested funds
pressing the money market would
increase.
Credit Demand Slack
On the other hand, the outlook
for the demand for credit is not
encouraging. There are too many
uncertainties and restrictions op-
Grating to expect any important in
crease in the business demand. New
financing is small and largely linn
tied to the refunding of outstand-
ing issues.
Speculation is too closely watched
and regulated to expect any i'm
portant demand to originate from
that source. Such a condition, in
which the supply of funds would in
crease while demands remains re-
latively constant, could only lead
to lower interest rates and lower
yield on high grade bonds.
Assistance Temporary
Business is now declining and the
prevailing EMBELLISHMENTS, princi-
pally those in the automobile and
allied industries, indicate that this
downward trend will continue for
about two months. The injection of
So ,O0O,O00,00O of purchasing power
into business would temporarily
stimulate activity and sheck the
current downward trend.
Speculative buying based on in
f1ation psychology would give an
added impetus to prices and activ-
ity. Over a longer period of time
the cost of living will rise and in
turn curtail the demand for goods.
Business would then react and fall
back to where it was before this
artificial stimulus was given.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-17

TINE amount of money actually
Il invested in a property or an
amount fixed by unbiased and COM
petent appraisal Is the only souad
base upon which earnings can be
computed. It is rather common
knowledge that few concerns are
formed which do not have watered
capital. and usually by the time the
water is replaced with actual
property some of the plants they
had at the beginning already have
become obsolete.
A reasonable amount Of watered
capital Is justified in many in
stances because of the unusual
risks involved in the early promo
ton of an enterprise But there IS
no good reason why such a stock
should net be called by its proper
name. and there is no occasion for
crocodile tears if they fail to yield
a return.
The release" is further confus-
ing because II does not indicate
what portion of the steel industry
is represented or what companies
are used in the tabulation. If Re-
public and Youngstown Sheet and
Tube were used the return would
be much lower than if they were
eliminated and National Steel were
included in their stead. Because of
the indefinitenesS. therefore. the
figures are relatively meaningless
to the careful student of finance,
and they might be even misleading
to the careless reader.