davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
GRAIN PRICES MOVE
IN NARROW RANGE
Sentiment on Gold Ruling
Mixed at Pits.
ByUnifed Press

By ufffd Press
CHICAGO. Feb. 10. Brokers
held prices within a narrow range
on the Board of Trade today when
trading was resumed after closing
of the pits because of sharp reac-
tons due to the Supreme Court gold
decisions.
Sentiment over the effect of the
rulings was mixed along La Sale
st and traders operated with eau
ton, preventing any marked rise in
prices.
Many brokers were advising their
clients TO be suspicious of sharp ad-
vanceS until the full reaction to the
decisions could be digeSted.
Wheat. the barometer Of activity
in the grain pits. was unchanged
to a quarter-cent higher at the
opening. while corn prices moved
erratically from l cent higher to a
cent lower than yesterdays close.
Oats were unchanged to half-cent
higher. and rye was unchanged to
a quarter-cent higher.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
Produce Markets

Delivered in Indianapolis prices: Heavy
breed hens. Isc;- Leghorn hens. &C; col
ored springers. 13c: heavy stays. &C.. Leg
horn stays, 7c; old ROSTERS. &c; ducks,
full feathered and fat, 10c; geese, full
feathered and fat. &c; all classes OF Of
run eggs, loss of, 21c. Each full case must
weigh SIS lbs. gross. a deduction Of 10c
Be made, Butter-No /, 39G 4Oc: butter
fat. soc. Quoted by the Wadley Co.
(By United Press
CHICAGO. Feb 10. - Eggs--MaTgket.
steady; receipts. 1887 cases extra FIRST,
29c; fresh, graded frsts. 2sci current Ire, re-
R 5aBs eIsTa :5s 'd Es'slRS
S5c; extras l92 score. 351ac; irsts l8s-
89ia score) 34G3412c: seconds l86.871a
score Saa33lzc; Specials ss@ S6Izc;
cepts % t rue hens 17G8c springers
19G zoe; broilers. leghorn. 21c: capons, s
to Z pounds. 23c; old ROSTERS. lS@ l4c
ducks, 17Q zoe; turkeys. ls "a, 5e:; geese
l1gl4c; stays l5lac fryers: 2lI22c; f41es
liberal demand and trading. moderate;
market. dull; Wisconsin round whites
72Isc; unclaSsif1ed. 67l2c; 1caho russetS,
81 .42la Q1.5o. Arrivals So; on track. 2o0;
shipments. 543.
CLEVELAND, Feb. 19.-Butter--Market
steady extras ssl2c: stspdsrds Sai Ssc EGGS Eggs
s STEADY: fowls isq zoe Leghorn fowls 1917
tic; ducks, old, 19G21c; ducks, young, "a
G25c; turkeys. young, zoe: Potat0SeSSHI o
Maine. sllS@ las 1Oo-io MAG, 0ag; On 20
aS5c 1Oo-l5. bag; Texas. $3.50 5o-lo.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
Other Livestock
(Bv United Press


CHICAGO. Feb. 19.-Hogs Receipts. 15.-
600 including 1000 directs active mostly
IS cents higher than Monday; weights
above 2lQ es s885@ is95 ,t top Pm Sg ibs
Slaughter pigs, s6@s; packing sowsi
s8@815; light lights 140-160 lbs; good and md
choice $7.7508.50; light weight 10000
lbs, S8.25M8.90; medium weights. 20O-250
lbs good and choice. $3.50 895; heavy
weights W 1g 25O-350 lbs good an and II, choice,
alum and c PsicS 55 1882 Slaughter pS
pigs, i0O-14O lbs good and choice. $50
3. Cattle-Receipts 1000; calves 1000;
better grade fed steers and yearlings weak
lower grade steers steady; this applying
to kinds selling at SO downward; very slow
market on good and choice offerings; bulk
selling at s1O.5Oa13; top on weghty, steers
$3.50 best yearlings held around Sl3:
other killing classes mostly steady heiters
d4y steaay; c9wS %esk 3qIs ana nea6eTs
Steers $4,000 lbs, good and choice, So 70
a ESQ: 9oO-11o0 lbs good and choice;
50 5oa 1925 1loO- ,;ao .d lbs good da and and
choice, S10.50m 10 IS; 550I300 lbs. COM
mon and medium, s5m10.50; heifers 500
$50 lbs, good and choice, s9dl125; COM
mon and medium. s4.50N9; cows good.
s6.5OG $50: common and medium. $3.50
6 so; low cutter and cutter. s2.75d4, bulls
tyearlings excluded good beef. s5M7;
yearlings good and choice, S. SOFA Is:
medium, S5.50G650: Gull and common.
SO .50G 5 so; stocker and feeder cattle:
steers 55O-1O5O lbs, good and choice sea-
BIS: common and medium. 81 1896. Sheep
Receipts, 1000; strictly good and choice
lambs steady to strong: spots to 10 cents
higher; others little changed; sheep and
feeding lambs about steady: better grade
lambs to local packers, 5000 800; top
s5.75 to shippers and small killers; ewes
quotable s4.50M525; slaughter sheep and
Lambs: lambs 80 lbs. down, good and
choice. S8M8.75, common and medium,
Sc 50M81O: 9O-98 lbs. good and choice,
s7.75@8.75; ewes. 9O-15O lbs. good and
choice, SO 90G5.5O. all weights common
rs lbs. good and choice s6.25G7.25.
FIT. WAYNE. Feb. 19-Hogs-M Market 15c
higher: 2O0-25O lbs. s875: 250-3O0 lbs.
So so: 3OO-35O lbs, So. 60; 10000 lbs. SO S.;
$50 lbs. s74O 13O-140 lbs, $500; l2O-13O
lbs. $685.; 1O0-12O lbs, s615; roughs. 81;
stays S. Calves 50. lambs So so
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
CHAIN STORE SALES UP
Daily Average Business in January
Az Per Cent Higher.
I'll

WASHINGTON, Feb. 19.-Daily
average sales of chain grocery stores
during January of the current year
were largely Az per cent higher in
dollar volume than in the same
month of 1884, and about 1912 per
cent above 1888, according to re-
port today by the Bureau Of For
eign and Domestic Commerce.
Sales reported for January showed
a decrease Of approximately 5is
per cent from December of the pre-
vious year, compared with an av-
erage decrease of 61A per cent be-
tween these two months for the
last five years. the report said.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
ALABAMA ACTS
TO Get PLANTS
FOR NEWSPRINT
Financing Virtually Assured
to Provide Cheaper Prod
uct, Governor Says.
BY BARROW LYONS,
Times Special Writer

NEW 1OIh, req. 1S.-f Following
conferences with New York bank
ers, Governor Bibb Graves of Ala
bama has announced that news
print plants may be established in
the South soon. The product would
be cheaper than. but equally as
good as that provided by Canadian
mills. he said.
Il believe that financing for the
project is assured" said Governor
Graves. He did not reveal the
identity of the bankers.
The industry in Alabama would
be based on the processes recently
developed by DR.. Charles S. Herty
in the pulp and paper laboratory
of the Industrial Committee of
Savannah.
Or Herty has convinced the
scientific world that he can make
good white paper out of ordinary
slash pine, which grows very rap
idly n Alabama" Governor Graves
declared. Alabama possesses large
resources of this variety of pine.
Instead Of paying import duties
on higher priced paper coming
from Canada and giving employ
ment to thousands of Canadians,
We ight pay lower prices for our
newsprint and give employment to
Americans. Cheaper newsprint
mould 10 80 s,,aeti,,,otoTo .,,I,,o -
every newspaper published in
America.
Has Site Picked Out
Il am convinced that We can pro-
duce newsprint more cheaply in
Alabama than they can do it in
Canada. Establishment of such an
industry in our state would give
employment to thousands of per-
sons in our backwoods and bring
large revenues to our state.
The first plant probably will be
established on the Tom Bigbee
River. where it will have water car
rier facilities to all points on the
navigable Mississippi and to ocean
vessels from New Orleans"
DR.. Herty estimates that the con-
version costs of wood into news
print would amount to S19.OS per
ton in the South, as compared with
$3.50 a ton in Canada, a saving of
1894 a ton, not including the differ
ence in transportation costs.
Canadian newsprint sources are
said to regard the development in
the South with considerable alarm.
American paper interests also are
concerned, since much capital from
the United States moved in Can
ada with the depletion of the north
ern woods of this country.
Kellogg Doubtful
Royal S. Kellogg, secretary of the
News Print Service Bureau, main
tanned by newsprint manufacturers.
recently declared that DR.. Herty had
not. demonstrated that he could
produce the quality of paper he
claims in commercial quantities. 4
There is no basis of scientific
comparison between products made
on a piece of laboratory apparatus
running at 100 feet a minute and
such a commercial machine running
1000 or 1900 feet a minute" he said.
To overcome this argument DR..
Herty shipped pulp to a Canadian
mill. where it was made into Serv-
iceable newSprint and used on the
presses of southern newspapers.
Production of newsprint in the
United States and Canada in Janu-
airy was reported today at 282,625
tons, compared with 272,568 in the
same month last year. Canadian
mills turned out 201 ,959 tons, against
239 ,544 last year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
INDIANA COAL OUTPUT
HIGHER DURING WEEK

State Production Shows Increase of
$4,000 Tons.
Indiana produced $4,000 tons Of
coal during the week ended Feb. 2,
the United States Bureau of Mines
reported today.
This was a seasonal increase of
$4,000 tons over the production for
the previous week and was $4,000
tons more than produced during the
same period a year ago.
The state produced more than 4
per cent of the nations output.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
HUDSON OUTPUT GAINS
Shipments During January Largest
since 1880.
By Times Special

NEW YORK, Feb 19.-Factory
shipments of Hudson and Terra
plane cars during January aggre-
gated 9997 units, the largest output
for any corresponding month since
1880, company officials announced
today.
Compared with January, 1884,
when shipments amounted to $3.50
cars. the increase was estimated at
209 per cent. according to the re-
port.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19

reasoning rdtleE
than mere opiE-
ions lends ADDED
weight 10 their
views.
II is probable"
saws the Alum
inum Co. adver-
tisement. hat
more tee hnical
progress has been
made during the
depression than in
any other equal
period of time.
We are ready. as
never before, TO
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
FINANCIAL DATA
As of Dec. 81, 1894

Howe Sound was incorporated in
1903 in Maine. The capital stock is
listed on the New York Stock Ex-
change. At current price of
around 44&4 the stock sells TO yield
about 6S4 per cent and at 1912 times
earnings.
tAu Rights Reserved. Winchester Institute
of Finance. Winchester Mass
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
EXCURSION CONTINUED

The Big Four Railroad again will
operate the annual mid-winter ex-
cIrsion to Niagara Falls, on Feb.
% ana %. it was learned today.
Return limit has been extended this
year and patrons MAY remain at
the Fsi's until Monday morning.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
Hides and Skins

Hices-Green country cows ana steers
&c nat: green country bulls and CLUES.
fat: green country kip. &C: No. large
horse hides with full heads shanks.
names and tails. s750: medium size. 81
All No. ? grade horse nioes soc less: glues
tallow. 4is65c; No. 2 at value. Yellow
grease. 49lise: dark grease. sss6s%s.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
Stock Studies

Howe Sound is a holding COM
pany. Subsidiaries are engaged in
mining, principally Of lead zinc
and copper, while smaller quantities
of silver and gold are also produced.
The Britannia Mining and Smelt-
ing Co. Ltd, the company's largest
and also the largest cop
per producer in British Columbia, is
located at Howe Sound, British Co.
lumbia. Other mining operations
are in Washington and Mexico.
FINANCIAL DATA
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
Wall St.
Two Leading Units
of Trade Voice
Optimism.
by RALPH HENDERSaOT-
Times ~neciaI Writer

NEW YORK. Fec. l9.-Tvo large
I OBSERVATION-DISCLOSURES Iron
and Steel Corp. and the Aluminium
Co. OF America-have expressed
their opinions in advertisements
recently that the outlook for a re-
covery IN business is good. These
concerns are obliged to keep their
fingers on the pulse Of trade, and
the fact that they offer sound
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
FRUITS IND VEGETABLES

NcTn-osh bushels 81 SOGft5. JonathanS.
Ell sOTiTs Crauberries-Massachu
i barrels s4SOGS Turnips-nlinoiS.
bushels 1STsSc Lettuce-WeStern crates.
60 sST2TS ParSuipS-uinois. bushels. 50
u soc CarrOtS-Cslifornia, crates. $50
SIS PeanS-Florica. bushels. green. 81 .
90 Soiusch-TexaS bushels. 81 20 2 ! so
Observation-Disclosures. Tugs. IS S0G4 Sweet
NEUTRALITY-SUSPICIOUS. bushels. ooc 81 .0S.
peetS-Illinois. bushels. sou soc.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
HIGHEST COURT
ADVICE SOUGHT
ON LEGISLATION
Congress Should Get Legal
Opinions Before Passage,
Lawyer Says.

The following article was written for
The Indiana polls Times by Samuel Hersh-
enstein, former Assistant United States
Attorney and member of the New York
and New Jersey bars
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
Richard Whitney Replies
to Suggestion of Times
President of New York Stock Exchange Tells of
Problems in Educating the Public.

that
Exchange rsdOubl its efforts to educate the public in the
of stockm and
president of the stock Exchange
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
+. Lyons, Financial Editor,

Mr.. Vincent S Lyons Financial Editor,
indianapolis
Dear MI. Lyons:
before the clipping of column the indianapolis
Times of jan 81 very much interested in your article There
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
STOCK MARKET
SLUMPS AFTER
EARLIER Squirt
Prices Turn Lower; Trade
in First Hour Hits
$4,000 Shares.

By United Press
NEW YORK. Feb. 1a.-United
States government securities swept
to record high prices on the bond
market today in a heavy investment
demand caused by removal of the
gold clause uncertainties.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19

TREASURY STATEMENT
(By United Press
WASHINGTON, Feb. 19.-Government
expenses and receipts for the current fiscal
year to Feb. IS, compared with the COR
responding period the previous fiscal year:
This year Last year
Expenses $4,345, $50 977.46 SO. 900, 361. 1862 %
Receipts. 2193, 400 As 1920, 381. 34l. 40
Deficit. 2152,110128.01 2,175, 990. 400. 80
Cash bal. 2153. ssh 105.17 4,244 1913, 581.20
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
BY James Z. Bennett
LOCAL CASH MARKET

City grain elevators are paying 81 cents
for No soft red wheat. other grades
on their merits. Cash corn No. yellow
81 cents and oats ~ cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19

move forward together.
We believe the real impetus will
first be felt when each industry
avails itself of all the help which
all other industries now have TO
offer. We are equally sure that
this help can come only through
stripping away Of side issues and a
clear understanding of funda-
mentals."
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
Retail Coal Prices
DOMESTIC RETAIL PRICES

Ths following prices represent quota
tsons from leadinE Indianapolis coal deal
srs- A Scent carrying charge Der ton
VII be added
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19

NEXT TO the creation Of new
~ industries technical progress
in the industries already in ex-
istence probably provides the
strongest force in trade develop
ment. It is the force which makes
US replace old plants with new ones,
giving direct and indirect employ
nent TO a great many people and
vhe.ting the appetite Of us all or
the things We never have enjoyed
before.
This force. however. is usually
felt only after the wheels OF in
dustry have begun TO turn Unless
prompted by the possibilities OF
great savings, few corporate eXecu-
tives are likely to remodel their
plants. Certainly they are unlikely
to construct plants to produce new
things unless and until they are
reasonably sure of a market for
their products. And resistance to
sales is great so long as people are
holding on to the little money they
have left.
Undoubtedly, however, the Alum
mum Co. and Republic Iron and
Steel are looking in the right di-
rection. They will help to create
business by helping to solve the
problems OF those with whom they
come into business contact. Some
other corporations probably are
not so farsighted. Your CORE
spondent has one such corporation
in mind. II is a local power and
light concern.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19

ONE of the customers Of this
~ concern is a relatively small
restaurant. The owner of this res
taurant relates that he was APP
preached by a representative of this
company and told that unless he
increased his deposit by SIS, his
LIGHTS would be shut off. Without
lights he could not continue in
business. and. being unable to raise
tie required money. he rendered
check. knowing full well that 1t
would bounce" back unless in the
meantime he is able TO cover 1t
with cash.
The restaurant owner already
had made a large deposit with the
company TO insure payment OF his
bills. Moreover. his bills were paid
AZ the time the added amount was
demanded. He was doing a rea-
sOnably profitable business and
was applying his surplus cash 20
pay off debts incurred when he
went into business. If he succeeds
in covering the check in time he
will carry on. but he will be a dis
satisfied client. II ne fails. he may
be forced out of business. The
company from which he buys light
will lose his business. the people
from whom he purchased his equip
ment probably will be obliged to
take it back. and the employees he
hires will be out of work.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
N. Y. Bonds
Reprinted from yesterday
DAILY BOND INDEX

Copyright 1885 by Standard Statistics Co.,
Inc.)
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19

U. S. GOVERNMENT BONDS
(By Fenner g. BeaneI
Libertys
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-19
NeW York Curb

(By Abbott. Proctor & Paine
70 No0r, Ore
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-16
BY WiIliamS
E1HxoA

Ghenz Mountains! Jerry Jones was elated He
had accepted this unusual mission because it
might afford him the opportunity Of probing the
geological mysteries Of that strange formation.
But certainly he did not even dream Of the appal-
ing human mysteries he was to hnd
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-16

Then Colby yelled, Lets have our
racei Well let the sea man name
the place that We must reach. Then,
of well go, and may the best one
win"
The old man pointed to a shell,
and said, That distance should be
swell. Now, let me see you flap
your arms like big fish flap fin"
Away the happy TIMES swan and
Quincy cried, How good I am!
Right now. I'm leading all the rest.
Gee, this is lots Of fun"
But, when they reached the fin
ish shell, they all were even. That
is swell" exclaimed their friend, the
sea man. I can cheer for every
one"
Just then a sea horse came up
near and DOtty shouted, oh, come
here! I want TO have a shell ride.
You can pull me, if you will"
She hoped into a shell and then
the TIMES started laughing, when
she hitched some SeaWeed to the
sea horse. 1t was quite thrill.
Copyright. 1885. NEA saryice. IncJ
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-16

The TIMES swan around a while
and the old sea man. with a smile,
said. My. but you are clever tots.
When did YOU learn 10 swim?'
On. years ago" said Dotty We
are very fond of It. you see, cause
swimming is good exercise. It keeps
us all in TRIM
Wee ScOuty knows a trick that's
grand. He sWims along with just
one hand" and then she yelled
TO Scouty. prove it to him. if you
please"
"Okav." said Scouty. 1T is fun
I'll gladly show him how it's done"
and then he staged his little stunt
with quite apparent ease.
oh, 7 can do a neat stunt, too"
yelled Quincy. Why. before I'm
through. III have the sea man
clapp.ng." Then he turned a back
ward flip
That's fine" the kindly sea man
cried. How often has that trick
been tried2" "Oh," Quincy said,
About most every time I take a
dip"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-16

Orzedos looked at him keenly. He had expected
to see an elderly, bent professional type and here
was tall, handsome, athletic man in his early
thirties But in the strangers eyes was the far
away look that sgniied the scholar, inexperienced
in the ways of the world.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-16

Your New York agent merely told me to re-
port to you," DR.. Jones began pleasantly when
they were secluded in Orzedos' Office. yes" the
other nodded, land must send you farther. I
have friend who requires survey-a secret sur
vey-in the Ghenzi Mountains"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-16

Two weeks later, after a swift journey by ocean
greyhound, rushing trains, roaring airplanes and
at last a numbering coastal steamer, jeremiah
Jones Phi. D., Sc D., expert American geologist,
arrived at the dirty isolated African town where
Aristide OrZedos awaited him.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-16

of only three holes
the The club
members Hudson Bay
Co.
Imperial Valley press., 1935-08-01
(In"II<G>fS
New York Stocks

NEW YORK, Aug. l. (U,P)-Profit
taking increased on the stock ex-
change today sufficiently to send
a majority of issues into lower
ground in active trading.
Losses ranged to more than
points although a fair number of
stocks managed to record small
gains. Utilities were sold on adj
verse testimony in the lobby in
quiry that might, some believed,
sway house members to include the
death sentence in the Wheeler
Rayburn bill Rails Joined the
downturn as did steels, motors,
farm equipments and electrical
equipments.
Only a few stocks had losses
wider than a point. General Ci-
gar continued to sell off on its
earnings report. It was down more
than points at the low. Peoples
Gas, which rose 5 points yesterday,
lost more than 8 today. Case lost
points and Western Union near
ly 2 points. Others to decline a
point or more included Chrysler,
Great Northern preferred, United
Corporation preferred, and West
inghouse Electric.
During the day long list of is
sues made new high for the year,
including American Dadiator, Amer
ican Rolling Mill, Briggs, Chesa-
peake e. Ohio, Columbia Gas. Con-
solidated Gas, Elec. Boat, General
Motors, Gillette, International Tel
ephone, Libby owens Ford, Sears
oebuck, Montgomery Ward and
Studebaker.
While the higher priced motor
shares sagged late in the session
the 10 priced issues continued tc
meet demand. Nash held a point
gain and Studebaker was active
around the previous close. Brokers
reported outside buying picking III
slightly, especially in the ISSUES
selling at $5 or less a share.
Railroad issues were slow to Civ
up early gains and some of then
held part of an early advance
Chesapeake & Ohio was a feature
At one time it touched 46 3-8, up ;
point and a new high for the year
, Pennsylvania also made new top
Volume Appropriated 10000
shares compared with 10000
shares yesterday.
Dow Jones preliminary closinl
averages showed industrial 1859
off 038; railroad 35.04, off OIL
utility 23.76, off 0.99.
Imperial Valley press., 1935-08-01
L. A. Stocks

LOS ANGELES, Aug. /. U.P) -
Gains and losses were nearly equal
ly distributed today in a quiet ses-
sion of the Los Angeles stock ex-
change.
Kinner Aircraft led the indus
trials in point of sales, 1900 chang
ing hands at 46 cents, up one cent
California Packing at 81 on sale of
300 shares was down "a, new
low for the year. Claude Neon was
up a at 10h and Lockheed donW
x at 35s.
In the utilities division Pacific
Gas g. Electric common was un-
changed at 25 on sales of 500
shares. Edison common gained Is
at 1917 on 300 shares. Edison
original sold at 80, a gain of z
while Edison 51a per cent preferred
was up Il at 23A.
Soutern Pacific lost q at 10 3-8
on sale of 600 shares.
Among the oils, Standard of Cal
ifornia was up 4 at 33l5 with 100
shares changing hands. Union was
unchanged at TIES and Hancock
down 1s at Is 3-8.
Transamerica, on sale of 900
shares, was unchanged at 7. Secu-
rity-First National Bank gained
Il at 45A.