davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
PAPER DEMAND
HELD KEYED TO
GENERAL TRADE
Satisfactory Prices Seen
Maintained for Most
Products.

By Times Special
NEW YORK, Feb. 4.-Demand for
paper and paper products will re-
main commensurate with general
business activity, the Standard Sta
tiStics Co.. Inc, declared today IN
the first of the month outlook for
various important divisions of in
dustry.
While there has been some re-
duction in prices in a few paper
lines, the review continued, the gen.
eral level has remained quite sta
bic, and satisfactory prices proba-
bly, will be maintained for ma
jority of products. Although news
print prices have dropped back to
the $40 level, advances are probable
before the year is out.
Prospects for other lines of buSi-
ness follow:
Agricultural Machinery-Cont1nu-
ing the sharp uptrend experienced
in 1894, agricultural machinery sales,
aided by increased farm income,
may be expected to show additional
impressive gains during the early
spring months.
enthusiastically all leading
car producers have materially in
creased assemblies of 1885 offerings
in the recent past. January output
is estimated to have gained upward
of 100000 over the $4,000 cars and
trucks built year ago. while sched-
uleS thus far announced indicate
that February, besides recording adj
ditional expansion over the previous
month, should exceed February,
1884, by fully one-third Possible la
Dor tieups however, tend to obscure
the outlook.
Building - Construction activity
will show little improvement in the
immediate future, but a spring up
turn of at least sesonal proportions
is expected. New home building
under the housing program and
public works awards financed by
the new Federal appropriation are
likely to hold contract totals at
favorable levels during the sum-
mer.
COal-Cold weather continues to
stimulate demand for both bitumi-
nous and anthracite. The former
has also been aided by increased
industrial activity, and shipments
in the early future should make
favorable comparison with those Of
year ago.
Food Products-The strong sta
tistical position of most food pro-
ducts foreshadows price mainten-
ance or further advances in coming
months. AS sales of leading manu-
facturers are expected to show
modest additional gains, profits
should expand moderately.
Retail Trade-Only modest gains
in retail dollar sales are indicated
during the next several months. Re
tail organizations deriXing all or a
large share of revenues from east
arn territories may record small de-
clineS from a year earlier.
TextiIes-In view of the substtn-
tial backlog of untitled orders, tex
tile mill activity should record
year-tC-year gains Of from 10 per
cent to IS per cent during the next
few months.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
On Commission ROlU

Quotations below are average wholesale
prices being offered to buyers by local
commission dealers.
Fruits-Grspes. California Emperors, D.
10. box. 81 Bananas, 4S4c a 10. Apples.
Indiana Jonathans. sl.65: Golden Deli
S425. Grapefruit. Texas seedless. s3.25;
Arizona. CAS-. 70s and sos. 50 so. Lines.
Mexican. per carton 12s, Csc; Byram. seed
less. per hundred So. Pears, oregon
D anjo, box, $3.50. Pinespples. 30s. s4.25Q
$50. Avocados. Florida. box $3.50. Straw
berries. Florida. pint. zoe; per 26-pt. crate.
lSc. Aprlcots. 50 a crate;
50-lb. bag 75c: red. 5O-lb box. s0c New
Texas cabbage. 50-lb. bag. S1.65. Onions.
Idaho. sweet, Spanish. large. 50-lb. bag,
sls5. Michigan yellow. med l0-lb. bag
SIC: western white. 50-lb bag, sl.85; Mich
lgan yellow; sl.25. Potatoes. Green Noun;
white. lo0-lb. bag. s1.l0; Ohios. 100-lb.
bag. 81. Idaho Russets. 100-lb. bag. So.
New Texas Triumphs. 50-lb. bag. So: New
Florida Triumphs, bushel. s250. Sweet
Tennessee Nancy Halls. bushel. slS5.
medium. dozen. 75c jumbo, dozen. sl.25;
hearts. bunch, sl.6o. Cucumbers, dozen.
sis5: dozen box. $3.50 Endive. per
crate 81 50. Esq plant. 50 Is dozen. Kale,
5ushel. 55e,- Lettuce. hot house. l5-lo.
basket 81 IS Arizona Iceberg head let
Peas. hampers s3.75. Spinach, Texas,
bushel So. Radishes. dozen soc. Toma
toes lob. carton. $50; Florida original,
50 IS. Turnips. 5ushel, 75c. Psrsnips,
rots bushel, Sl25. l0o-lh. sack. SITS.
All quotations subject to change up or
down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
SWINE MARKET
RESUMES RISE
Prices Generally IS Cents
Higher; Receipts Are
Scarce,

With an extremely light run of
supplies on hand during early trad
ing at the Indianapolis Union Stock
yards today, porker prices were gen.
orally Is cents higher than Satur-
days best average. Initial trading
continued at an active pace.
Following today'S moderate in
crease prices for good and choice
hogs were reported at $3.50, the
highest for the month. Receipts
were estimated at only 1000, while
1000 were reported on hand Satur-
day. This was believed mostly re-
sponsible for the upward move
ment in prices.
The bulk, $50 to 275 pounds, was
selling from So to 1925, while heavier
kinds ranging from 275 pounds up
brought $3.50 to $50. Lighter
classes, scaling 100 to 100 pounds,
sold at $6.75 to SITS. Others from
1VU 10 LOU POUNDS, caSneQ IN at $3.50
to $3.50. Good packing sows held
at $6.75 to $3.50. Holdovers num-
bered 106.
With early supplies consisting
mostly of common and medium
grades, slaughter steers were active
and steady to strong in the cattle
market. Bulk OF steers ranged
mostly from SO down. Receipts were
300. Vealers showed slight strength.
with the majority selling at $3.50
down. Closing top held at $40. Re-
ceipts totaled 400.
Lamb values remained fully sta
tionary at Saturdays best prices.
Few native grades sold at 1925 to 50.
Western lambs were inactive. while
bidding was slightly lower on fat
ewes. Receipts were 200.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
CUSTOMS COLLECTIONS
IN STATE INCREASE
Duty on Foreign Merchandise In
Month Totals S327,757.

United States customs collections
on foreign merchandise distributed
in Indiana in January were ap-
proXimately so times more than for
the corresponding month in 1884,
it was learned today.
A total of $327,7 was collected
in duty last month as compared to
$6132 for January, 1884. Duty on
general merchandise, excluding I'M
porter liquors, totaled $15,842 last
month, compared with $4940 year
ago.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
MODERATE SELLING
PUTS GRAINS DOWN
Traders Continue Nervous
Over Gold Ruling.
United Press

By United Press
CHICAGO, Feb. 4.-Wheat trad
ers still we're nervous over the de-
cision on gold and a moderate wave
of selling pushed grain prices lower
on the Board of Trade today.
At the start wheat was off e to
q cent, corn was & to q cent
lower, oats was z cent lower to z
cent higher. and rye was off % to
y cent.
Traders here paid little attention
to relative strength in Liverpool.
Broomhall said the English market
opened firmer, although prices
fluctuated narrowly throughout the
morning.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
TAXES ON CARDS RISE
Collections in 1884 Increase to
S4,535,331, Report Shows.
Rn U1lited Preel

By UHlttu FTbS8
WASHINGTON, Feb. 4.-Internal
Revenue Bureau figures indicated
today America may be transferring
their gambling activities from Sc
curities to cards.
Tax collections on stock transfers
decreased from s40,248,972 in 1888
to S20,768,427 in 1884, while taxes
on playing cards increased from
S4,072,270 in 1888 to $4,535,331 in
1884. Taxes on security, commodity
and bond dealings likewise de-
creased.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
FRUITS AND VEGETABLES
(By United Press


CHICAGO. Feb. 4.-Apples-Michigsn
Jonathans bushels 81 50G175: Mcintosh.
81 50Gi75 ies-Massachusetts Il
barrels s475G5 Caulifower-Cslifornia
crates.-sl 25G l so. Cabbag e-Wisconsin
100 lbs sldl25. Sweet potatoes-Ten-
neSsee bushels sIG110: Illinois. slGll5:
Indiana slS5Gl50 Carrots-California
crates. s2sOGS. Turnips-Georgia crates.
81 IS n : IS. Illinois bushels. IS soc. Let
tuce-Western crates S225G275. Par
snips-Illinois bushels. s0G65c. Bets
Texas Z crates 81: Illinois bushels, 40G
soc. Besns-Florida bushels. s3.75G IS
green. Spinsch-TeXss bushels. 81 4oG2.
Tomatoes-MeXicsn Tugs. sSG350.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
COFFEE USE DROPS
WITH LIQUOR RETURN
Daily Consumption Estimated at
2.S6 Cups in 1884.

By Times Special
NEW YORK, Feb. 4.-The first
full year of legal hard liquor vas
accompanied by a decrease in coffee
drinking, a survey by the New York
coffee and Sugar Exchange revealed
today.
The report showed that during
1884 coffee drinkers of the United
States consumed I6.3 cups less cof-
fee each on the average than Ill the
previous year. Daily consumption
was estimated at 2S6 cups a person
in 1884. compared with 291 cups in
1888.
United States consumption as
measured by deliveries Of green COT
fees to the roasting trade amounted
to I1774,O33 bags 10 1884. against
1I.e57,S64 bags. a decrease Of 1.54
per cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
MARKET VALUE OF 100
COMMON STOCKS DIPS
Decrease of So Per Cent Shown in
January.

Decrease of So Per Cent Shown in
January.
By Times Special
NEW YORK, Feb. 4.-The market
value of 100 representative common
stocks listed on the New York Stock
Exchange declined $673,979,000, or
So per cent, in January, according
to a study by Frazier Jelke & Co.,
Stock Exchange members.
The value of the list at the end
of the month amounted to $12,541,-
100000, compared with $13,235, 1884,
900 on Dec. 81, 1884. The decline
contrasted with an advance of II
per cent in the same month of the
previous year.
Twelve of the IS divisions showed
declines during the month, with
only electrical equipments being
higher than at the end of the year.
This group increased 3.5 per cent.
Motor shares showed the largest
percentage drop.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
FRIGIDAIRE RETooLs PLANT
Rv Tim es Special

b Inns Specl1I
CHICAGO, Feb. An prepara-
ton for greatly increased business
during 1885 the Frigidaire Corp, a
subsidiary of General Motors, has
spent s1,600,000 in retooling the
Dayton 90 plant, L. F. Skutt. Chi
cago regional manage, has an
nounced
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
BONDS WILL BE SOLD
Constitutes Next Step in Road Issue
Refunding Plan.

DIES MONIES. IA. Feb Forth
coming refunding bond sales in
March in 66 counties in Iowa will
constitute the next step in the pri-
mary road bond refunding program
in this state, II was learned today.
The Iowa State Highway Commits
sion announced that approximately
SCI 100000 Of primary road bonds
would be refunded next month Au-
thority for the procedure was grant
ed in 1894 by the state Legislature.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04

Chesapeake & Ohio was in
corporated in 1878 in Virginia. The
common stock is listed on the New
York Stock Exchange. At current
price of around 4315 it sells to yield
nearly 61a per cent, and for IL times
earnings.
IAN rights reserved. Winchester Institute
of Finance Winchester. Mass.)
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
COMMODITY PRICES UP
Wholesale Values Show Increase of
2.13 Per Cent in Month.
By Times Special

o = 7 IUtbo . ptCTUE
NEW YORK, Feb. 4.-Registering
the sharpest increase since Septem-
Der, 1888, wholesale commodity
prices from Jan. / to Feb. l ad-
vanced to S176,770, an increase of
2.13 per cent, according to Dun &
Bradstreet's index number.
This was the twenty second con-
secutive month that the index has
maintained at a level above a year
ago, marking the highest point
touched since May l, 1880, when it
stood at S177,736.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
Wall St.
Time Rather Than
Character Cause
Brokers' Slips
by RALPH HENDERSHOT-
Times Special Writer

NEW YORK. Feb. "A governor
Of the New York Stock Exchange
made the statement recently that
his first earnings as a broker we're
for executing wash" sale orders.
And he saw nothing wrong at the
time in handling this sort Of busi-
ness. he said. He agrees today,
however. that wash" sales should
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
FRUIT QUOTA INCREASED
Paris Government Raises American
Imports to $4,000 QuintaIs.
By United Press

PARIS, Feb 4.-The government
today increased the American fruit
quota for the first three months of
1885 from $1,000 quintals to $4,000
quintals. Importers are demanding
a further quota of $4,000 quintals.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04

% DdELtQ.
The converse
ton had TO do
with the change IN
the psychology Of
brokers. II was
pointed out that
many Of the prac-
tees now frOwned
upon by almost
every one had
been accepted as
perfectly fitting
and proper only a
few years ago.
and the thought
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
U. S. RUBBER EXPORTS RISE

By Times Special
WASHINGTON, Feb. 4.-United
States rubber exports in 1884 valued
at sci, 761 ,806, an increase Of % per
cent over 1888, Commerce Depart
ments statistics showed today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
NezU York Stocks

Mohawk Carpet. IS IS IS 1874
Proc g. Gamble. 459z ASK ASA 45?4
servel Inc ga 81 sA ga
Textiles
5sIsnsss. F GoPp 5 ~ s ssA ~ sf3 ~:
Indus Rayon -. 1874 31's 1874 1874
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
NeW York Curb
(By Abbott. Proctor & Paine)
Other Livestock
(By United Press

sSacA Ss{aaas FHH Fiafs sstlS
90 SSf b hss ssaso sn TORI ds ve 1880 aGS Ss
$500 sos: 12o-16o U lbs, $7d7 $50; loo-I3O
i1bs:,. s5@7.15; packing sows, s7.4o%7i
nf ghWesRs OS 16 So9S an 6 cn good
and choice. s7.S5G8:05; medium weights.
2oo-250 lbs, gooSd a nd choice, s799@8l5;
choice, sSo55815; packing sows, 275s55O
s sboss gs lCsltq ss good sHd
commercial, 500 government; most classes
slow; sellers resisting ,unevenly lower BIDS;
others S Sn and most f wesE to Se@ CSC
lower; bulls strong; veaiers steady; quality
EARN TOP WegS saaSSge
bulls, $4.75; choice yealers $3.50; few, 50;
sGo bs geo s snd ana oboc sa9 r. sfr 3d.
100 1900 lbs, good and choice, $lO@15.65;
bS common amn GnG ana medS
s5q1o.5O; heifers. 55O-75O lbs. good and
choice, $s.5O@ll; common an! and medium.
mon and medium. s. So 5 So; low cutter
and cutter cows, $2.5O@3.5o; bulls year.
ter ter, common and medium. $4G4,75: veal
ers, good and choice, S7g9; medium, $50
= Gull ana common, $4@S 3s st9c c and
and choice s6G6.25; common and medium.
S4.75@6. Sheep-Receipts, $4,000; slaugh-
early BIDS $8.75 downward; medium TO to
good loads around $8Q8.5O; few choice
hep s sG ss Rfss hsa m 10 on Reed6s
lambs; slaughter sheep and lambs: Lambs,
GO 6 avn g09d and sh9ss
9o-l50 lbs. good and choice s3.65@5; all
weights, common and medium, s3q415;
feeding labs, 5o-75 lbs. good and choice,
LAFAYETTE, Feb. 4-Hogsaao3Market IS
S8O@s5 2 SS5SS RS s@@$$GSS I9S3SS
5o ibs IS o6 oi i6 SUq
doWn; ro Sss s7s5 do @aVs iam0S SS'O
oo Fl Zoe WAYNE; Feb, o4mo:HHogs-15c highher;
S oo 6S Os s S so 22SS Ss OS 1911 o 2SS
e.
ToEghs ssS7.55; stass. SAYS. caivSes;s-ss.7755
Lambs-S8.50.
CBy Times speciaD
LOUISVILLE. Feb. A. Cattle-Receipts.
1900; supply slaughter cattle moderate;
fairly broad for. better steers and heifers;
palmer Grades SLOW. fully steady with last
steers and heifers. s5@7; most better An
ished kinds, s7.50q850; bulk cows S4a5;
s3Sd c k4d S s2S n9 h9ys 0w 9s eu etTS
sales sausage bulls. $3.50 down. some held
$50 good to 81 or better Calves-Re-
ceipts 900. including about 275 stock
calves; market steady with Saturday or
good to choice vealers. s75Od8 so: medium
grades, s5.50a7; palmer sorts, IS down.
than Saturday or Csc above last Friday;
top and bulk better. 18o-250 lbs. So. Is;
q? lbs. Up $40; lSo-l75 lbs $50: 49, 70
Sheep = Receipts $50; market generally
steady: bulk medium, to good lambs, $3.50
mon throwouts. Sc. and fat ewes. $3.50
down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
BUSINESS RATE
UP FULL POINT
IN LAST WEEK
Index Rises From Sd to IS. |
With Auto Industry
Leading Squirt.

By Times Special
NEW YORK, Feb. 4.-The weekly
index of business activity climbed
from 81 to 651 last week, the Bust
ness Week declared today. In the
corresponding period last year the
figure was at 65.7.
What the construction industry
did to break the jam of the 1921
depression, the motor industry
seems destined to accomplish for the
current business deadlock, the mag
azine pointed out and added that
their zeal in getting started at the
earliest moment on their program
to sell more than 100000 cars in
1885 has surprised the closest market
observers.
mo one expected" the review
continued, that more than 5000
cars would come off the line in De-
cember; some thought that 100000
might not be reached. But the
records now available indicate that
almost twice that many we're pro-
duced-185,919 to be exact, more
than a 100 per cent gain over both
November, 1884 and December, 1888.
Lifts Output Index
such an unseasonal rise in mo-
tor production which stimulated an
unseasonal expansion in steel pro-
duction accounts for the eXtraordi-
nary 11-point bulge in the adjusted
production index of the Federal
Reserve Board, from "a per cent in
November to SIS per cent of the 1928
1925 base period in December. 1t
now appears that the first quarter
of 1885 will have no difficulty in sur
passing the average level of year
ago, a thing that seemed extremely
dubious in the last half of 1884.
THE unprecedented expansion of
manufacturing production in De-
cember in motors and steel was re-
inforced by similar unseasonal in
creases in the tire, tobacco and tex
tile industries. Consequently it
comes as no surprise that employ
ment in the nations factories gained
nearly 2 per cent, pay rolls 6 per
cent, and the number of unemployed
in manufacturing dropped over 200,-
900 from the month previous.
What should be emphasized is
that the largest gains in recent
months have been in the durable
goods groups rather than in the
nondurable. FoundrieS and machine
shops, machine tool makers, hard
ware manufacturers, plumbers sup
ply fabricators, agricultural imple-
ment makers, in addition to steel
and motor plants, added to their
forces in December, and are con-
tinuing in January.
Resident Building Up
january residential construction
is already above the entire month
Of December and year ago, though
eight days contracts must still be
added to the record. The so per
cent gain in daily average over the
preceding month and over a year
ago exaggerates the gain because
the volume is still small, but the
trend is one to be watched by lum-
Der, hardware, plumbing and house
furnishing manufacturers
Probably cold weather and snow
discouraged public works projects
which trail 6 per cent behind De-
cember and 81 per cent behind a
year ago. Cement manufacturers
are not discouraged by the poor
start, but expect to see a 20 per
cent increase in their 1885 output.
Manufacturers who account for IS
per cent of the industry claim they
did $74,00O00O of business in 1884,
$64,000,0OO in 1885"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
(By James E. Bennett)
LOCAL CASH MARKET

CITY grain elevators are paying SO cents
for No. ? soft red wheat. Other grades
on their merits. Cash corn No. yellow
50 cents and oats 4S cents
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
NEW BUSINESS BOOKS
AVAILABLE AT LIBRARY

The following new books are
now available at the business
branch Of the Indianapolis
Public Library:
STUDIES IN WORLD ECONOMICS
(by G. ID. H. Cole)-Economic con-
ceptions and the theories built upon
revision in the light of the develop
ing forces in the world of today.
OUR NEW FEDERAL TAXES (bv
John G. Herndon Jr.)-The present
Federal tax law on incomes, gifts,
estates. capital stock values. and
excess. profits, illustrated and ex-
planned.
AMERICA FIGHTS THE DEPRES-
SION ed. by Henry G. Alsberg)-A
Photographic record of the work of
the Civil Works Administration.
INTERNATIONAL COMBINES IN
MODERN INDUSTRY (by Ralph
Plummer)-In the last few years, it
is pointed out, great industrial. COM
mercial, and financial organizations
have begun to operate on an IN
preeedently colossal scale.
UNIFORM SYSTEM OF AC-
COUNTS FOR HOTELS "a compen-
dunn 10y Hotel Association of New
York Cityl-A manual adapted to all
hotels, large and small. including
European plan. American plan,
apartment and resort types.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
Retail Coal Prices
DOMESTIC RETAIL PRICES

The following prices represent quota
tons from leading Indianapolis coal deal
ers. 25-cent carving charge Der ton
viii be added.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
What Does 1t Mean?

Sell at the market-When order is given to sell
stock at the market that the broker u get rid
Of the shares at any price Other selling orders set
'or definite price
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04

was advanced that the times rather
than deliberate attempts TO in
dulge in questionable practices ac-
counted for the major part Of the
wrongdoings on the part of brokers
in the boom days.
It is easily understandable, Of
course, that the movement toward
reform has changed the thinking
of a great many people. including
the brokers. But 1t IS rather diff
fcuit to understand how a full
fledged broker could have regarded
wash" sales as being ethical if the
purpose of those sales was to es-
tahlish higher prices on the ticker
than legitimate buying and selling
orders dictated.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04

brokers may not give stock
ID market tips" these days. They
are permitted to furnish informa-
ton and give opinions where these
are requested by clients, however.
It is highly entertaining, there
fore. to watch the effects of some
of them to get around these regu-
lations. They are accustomed to
making rather general remarks
about some situation and then ask
ing those interested to write for
further details. But business is
slow. and they can not be blamed
too much for trying to get COM
missions where they can. More
over. the statistical organization
Of the brokerage houses today are
far superior to those of few years
ago. and the facts they supply
probably should not be associated
with the tips" of the boom days.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04
Stock Studies

The Chesapeake & Ohio Railway
Co. is one of the oldest railroads in
the country, having been in oper-
alton for nearly a century. Since
1890 the road has built up con-
tinuous system through the acquisi-
ton of other roads from Underwater
at Hampton Roads, Virginia to the
Ohio Valley, Chicago and the
Great Lakes.
Chesapeake & Ohio is now one
of the key roads in the Van Swer-
ingen system. About 48 per cent of
the roads comomn stock is owned
by the Chesapeake Corp. AS the
road passes through some of our
largest soft coal fields coal freight
tonnage accounts for over "a per
cent of its revenue.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-04

by United pressl
WASHINGTON. Feb 4-SfoVernment eX-
penses and receipts for the current fiscal
wear OF Feb. /. compared with the cor
responding period of thu previous fiscal