davidaulloa/AmericanStories huggingface dataset:
Evening star., 1936-08-11
RADIO SALES SET
NEW HIGH MARKS
Peaks of 1885 Are Passed
in First Six Months of
Present Year.
srecisl Dispatch to The Star.


NEW YORK, August 11.-Starting
the second half Of the fourth year OF
uninterrupted expansion, all branches
Of the radio industry have been geared
to reach new high marks, according to
o survey by Dun & Bradstreet, Inc.
During the first six months Of 1886
the peaks Of 1885 were passed, pro-
duction running ahead by Is to 25
per cent and distribution by Is to 80
per cent. Much Of the bonus money
went into radios, and wider indus
trial employment contributed to the
gain, while the increasing construc-
ton Of new homes, with the conse.
quent need Of modern reception, Is
counted among the indicators for more
extended improvement.
Automobile radios were outstand-
ing in the sales volume for the period
exceeding the 1885 figures by 80 to 15C
per cent. AS only about II per cent
or 100000 Of the passenger auto
mobiles registered at the close OF
1885 were equipped with radios, the
number at the end Of 1886 Is ex.
pected to total 100000, according tc
an estimate by Radio Today. Battery
sets for unwired homes in farm dis
tricts have been selling faster than
production, although there are around
ITO types on the market, some de-
irving power from windmills and some
from gas motors.
Nearly every radio owner tuned in
on the programs which last year
brought $50, ,492 ,635 net revenue to the
625 broadcast stations in the United
States. More money is being spent by
sponsors for entertainment this year
as national advertising broadcast for
the first half Of 1886 rose 7.6 per cent
from the 1885 peak. and was larger
by 25.4 per cent than in 1884, and
80.5 per cent than in 1888.
During the first six month Of 1886
radios were turned out at the fastest
rate in the industrys history. Sue
cessive monthly increases brought the
peak for the period in June, when
many factories operated plants at
capacity, with some divisions on double
shift, in order to deliver 1887 models
to distributors early in July. Output
averaged IS to 25 per cent more than
for the first half Of 1885, with produc-
ton of parts and equipment larger by
IS to so per cent. Automobile radio
speakers for the six months equalled
the entire 1885 production.
Present high production rates give
indication Of being maintained
through the Fall months, as many
factories are from four to six weeks
behind their shipping dates. Based
on the 5,375,000 radio sets manufac-
tured in 1885, according to the COM
pilation of Radio Retailing, trade esti-
mates have placed 1886 output at
about 100000"
Evening star., 1936-08-11
Brazil Considers
Central Bank In
Reform Program
~ lne Associated Press

6y tHe AbboclhteQ FIeb1s
RIO DE JANEIRO, August 11.-Or-
ganization Of q central bank was in
cluded in q program OF banking re-
form under consideration today by
Brazil's financial authorities.
Also under discussion were new IA
cilities to supply long-term credit for
agriculture and industry.
Some advisers of the ministry Of
finance were said to be for ultimate
restriction Of the activities Of foreign
commercial banks and for q limit ON
deposits they may hold. A possibility
of eventual naturalization OF foreign
banks was talked Of in financial cir
cleS.
There are IA In Brazil Some exec
utives of the foreign banks were skep-
tical and suggested attempts to carry
out such plans might drive foreign
banking interests out Of the country
Evening star., 1936-08-11
RUBBER FUTURES.

NEW YORK. August IL R.-crude
rubber futures opened easy. to s lower
September, 16.15b: December. 1927.
March. 1888. Bid.
Evening star., 1936-08-11
MONEY MARKET.

NEW YORK. August IL R.-Cal
money steady. l per cent all day. Prime
commercial paper. q per cent. Time
cent offered. Bankers acceptances un-
changed Rediscount rate. N. Y. Reserve
Evening star., 1936-08-11
RESERVE BOARD ISSUES
CONDITION STATEMENT

The Federal Reserve Boards con-
dition statement Of weekly reporting
member banks in 101 leading cities
gave the following summary Of the
principal assets and liabilities on Au-
gust S, together with changes for the
week and for the same week last year,
iE millions OF dollars:
Balances with domes-
Aug. =.
Aug. S. July 90. 1885
Loans and invest
ments-total------22 .345-33 +2,546
Evening star., 1936-08-11
Y the Associated Press.

By the Associated Press.
NEW YORK, August 11.-Interna-
tional Telephone SIS, 1866, bounded
upward more than 2 points. while
other corporation loans moved irregu-
larly lower in the bond market today
A number of rails stretched setbacki
from minor to major fractions as
trading progressed in the final hou:
Nickel Pate 412s, Allegheny stamped
SIS of 1850, St. Paul IS of 1875 and
Illinois Central 4a4s lost major frac-
tions. Studebaker IS dropped more
than r as the industrial list sold of
moderately. AlliS-Chalmers As and
Penn Dixie IS advanced point or so
United States Governments soft
ened, with losses ranging to 4-32.
Italian issues continued to shine in
the foreign list, with gains up to 21a
points. Cuban 5l2s also were well
supported.
Evening star., 1936-08-11
MONTREAL SILVER

MONTREAL. August IL OP.-Silver fu-
lures opened steady and UNCHANGED. Sep
tember. 44.5lb; December, 44.7lb: March.
A. .75b. Bid.
Evening star., 1936-08-11
Extra of 50 Cents
Voted on Common
By Johns Manville
BY tSe Associated Press.

NEW YORK, August 11.-An extra
dividend of so cents on the common
stock Of Johns Manville Co., building
material manufacturers, was an
nounced today.
The regular quarterly dividend Of
so cents also was ordered. Both are
payable September "a to stock OF rec
ord September 10.
At the same time the board declared
the usual quarterly dividend of $i75
on the per cent preferred stock, pay
able October l, to stock Of record Sep
tember II.
Evening star., 1936-08-11
ADVANCES UP SHARPLY
AT HOME LOAN BANKS
ay the Associated Press.

Ey the ASsoclAteu FftSs-
A new high level for outstanding
advances to member institutions Of
sl22, 2,066,72 was reported by the IL
district Federal Home Loan Banks.
The banks said the figures were as
Of August and represented the high
total since founding Of the system in
October. 1892,
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12
Thursday, March IL, 1886.

account and petition for adjustment
ana allowance thereof and for dis
tribution to the persons thereunto
entitled.
1T is ORDERED. That the hear
ing thereof be had on Friday. April
3rd, 1886, at 8 o'clock. A. M. before
this Court in the probate court room
st. Cloud, Minnesota. and that no.
tice hereof be given by publication
of this order in the Sank Centre
Herald. a legal newspaper, and by
mailed notice as provided by Lawn
Dated March 9th, 1886.
COURT SEAL)
Paul Ahles
Probate Judge
L. L. Kells, Esq.
Attorney for Petitioner
Sank Centre, Minnesota
Published March 12-19-26. 1886
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

Sister Ubalda, Of the local Bene-
'dictine Sisters, and Sister Conrada,
Of Long Prairie, left Monday where
they spent several days attending
a music conference in Minneapolis.
Mr.. and Mrs. Kay (Genevieve
Rose) and Mr.. and Mrs. Francis
Zech, all of Minneapolis, returned
to their home in the Mill City on
Sunday evening after visiting
throughout the day at the home Of
Mr.. and Mrs. J. A. Rose.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

Our Birthday-But the presents
are yours. Sale starts Thursday,
March 18th. Truckloads, carloads,
trainlOads of values. BrOOms, 29c-
15-piece Dish Sets, CSC, with $500
purchase. Manila Rope, 80 IT. ""
49c-s Burner Oil Stove, $12.95.-
Gamble Stores.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

Mrs. Betty Ann Kinser, 109-year-
old resident Of Heltonville, Ind,
died recently without ever having
seen a train or heard a radio.
The United States has approx
imately 100000 sets of twins.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12
Want Ads

All want ads cash, unless
yea have . ledger account
with this office. Rates lie per
word. No ad accepted for less
than 2Sc. All ads must be I'm
before Wednesday noon or
held over until the folloyving
week.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12
Citation for Hearing on Petition for
Determination of Descent
of Land

Citation for Hearing on Petition for
Determination of Descent
STATE OF MINNESOTA
County Of Stearns
IN PROBATE COURT
In the Matter Of the Estate Of
Earl Osborn Decedent.
THE STATE OF MINNESOTA TO
all persons interested in the deter
estate Of said decedent: The. petition.
of Margaret Pangburn having been
filed in this Court, representing
that said decedent died more than
five years prior to the filing there
of, leaving certain real estate in
said petition described. and that no
will Of decedent has been proved
nor administration of his estate
granted in this State, and praying
be determined by this Court.
Are hereby cited and required to-
show cause, II any you have, before
this Court. at the Probate Court
Room in the Court House in the
City Of ST. Cloud, in the County of
Stearns, State of Minnesota, on the
3rd day of April, 1886. at 8 o'clock
A. M. why said petition should not
Witness. The Judge of said Court.
of March, 1885.
Paul Ahles
Probate Judge
(sEALl
L. l.. Kells. Esq
Attorney for Petitioner.
Sank Centre, Minnesota
Published March 12-19-26, 1886
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

Take your pick of 200 F. HI. A.
Approved Homes from LAMP
ERT'S Plan Books"
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

It's . Sensation! With each Col
umbia Tire, S0x3h, at only $3.50,
you also get gal. of OIL, Tube Re-
pair Kit, Chemically Treated Dust
Cloth and an 8-piece Handy Sock
ct Wrench Set all for $3.89-4.4O
Tire at $4.39, same FREE goods.
Gamble Stores.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12
Stomach Pains So Bad
/ Could Hardly Work"

Says c. S. Gross: After taking
DR.. Emil's Ada Tablets the pains
are gone and eat anything" Try
Ada treatment on our money back
guarantee.-Hanson G. Emerson,
Druggists.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

FELT BASE RUGS $4.95. 9x12
Size See the now Sandora Patterns
ON Display at Barron's.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

Outstanding values In Candles
Birthday Sale-S1.25 Chrom Tray,
$1,000 Screw Driver Set 19c-
$10.95, 20 VI. Silver Set, 26 pieces,
$2.59-$1.75 Baseball Outfit, 100
Secure these with the purchase of
other merchandise.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

Get your high test kerosene for
incubatOrs at Kranz Service Sta
ton, Sank Centre.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

Order for Hearing on Final Account
and Petition for Distribution
STATE OF MINNESOTA,
County of Stearns
IN PROBATE COURT
In Re Estate of Francis A. Pang-
burn Decedent.
The representative of the above
named estate having filed his final
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

A cafeteria style dinner will be
served by Circle One at the Con-
gregational Church Thursday,
March 10th. Serving will start at
p. m, and continue until all are
served. Everybody welcome.-2wc.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

Old Fashioned Tire Sale-45To &
500 from Standard First Line List
on Certified 1st Line Tires and
good quality Tube. These items are
FREE with 30x31a-29x4.4O-1 Gal.
Oil, Tube Repair Kit, Treated Dust
Cloth and 8-piece Socket Wrench
Set at $3.50 & $3.50. Gamble Stores.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12
ANNOUNCEMENTS

DANCE; At The Log Cabin, Round
Prairie. with Don Strickland and
his orchestra, Saturday, March
14th. Special st. Patrick's Day
dance, Tuesday, March 18th, with
Don Magnuson and his orchestra.
Plenty of st. Patrick's Hats and
Shamrocks for all. Adm. 40 & %.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

New Home Financing under F..
HI. A. should interest you" SEE
LANIPERT LUMBER COMPANY.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

FOR SALE My 81 acre farm home,
good buildings, III miles from
Sank Centre. A. /. Rogers, Rt. A..
Sank Centre.-1wp
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

8 Day Birthday Radio Sale! J.
tube A. G. Console, $29!95-5-tube
Mantel, $14.95-Farm Mantel, COM
piete with tubes, less batteries.
$1495-'B" Batteries, toulouse
Lamps, 7c-Flashlight Batteries,
Sc-Dairy Pals, for 79c-1 of.
Varnish FREE with q gal. of Egg
Shell Paint. Gamble Stores.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

"A Recreation Room In the base
ment or attic can be financed"
SEE LAMPERT LUMBER COM
PANY.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

FOR SALE-Velvet Barley, mailing
grade soc per bushel. Minrus
and Gopher oats soc per bushel.
Grain threshed before heavy rains.
Good quality and clean. Also
Sweet Glover alfalfa and Sudan
grass for sale reasonable. Nels
Barner, Phone 5F110, Sank Cen
tre-41-4 2pd
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

FOR SALE Several young turkey
hens and toms-mixture of Mar
ragansets and Bourbon Reds. Mrs.
Louis Huber. Rt. 2. Sank Centre.
-1wpd
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

Dependable Used Cars
1895 Dodge sedan, like new
1884 Plymouth sedan
1885 Chevrolet master sedan
1894 Chevrolet master coach
1888 DeSoto sedan
1881 Ford A coach
1880 Chrysler sport coupe
1928 Chevrolet sedan
We are closing out our new g
used radios at less than cost.
Otto Bros.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

BARRON'S for Genuine SAN
DORA and GOLD SEAL RUGS.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

Buy your Garage on the month
ly payment plan" SEE LAMPERT
LUMBER COMPANY.
"66" Oil Special-One gallon ST.
o. Special In s gallon lots Gle per
gallon tax included. Let us fill your
can. Kranz Service Station, Sank
Centre.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

FOR SALE OR TRADE. For prop
erty in or near Sank Centre-16O
acres in southern Sask. Canada.
Will sell cheap or tade for any
thing l can use. CIT 5th st. So.
-1W
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

FOR SALE-1 guernsey bull calf,
Archie Veeder, Tel. 4F11O-40-2w
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

FOR SALE-10 head Of good work
horses including 2 well matched
teams. G. b. Conlin, Sank Centre,
Mimi, r. +. d. 4.-1wpd
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

FOR SALE-Good oats and velvet
barley, extra good for seed. Also
one 340-Egg Belle City incubator
Herman Iwinski, r. 4, Sank Cen
tre.-1wpd
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

FOR SALE-Corn fodder, 100 shocks
Walter Payne. Tel. 8-F-120-1wc
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12
FOR SALE

FOR SALE-Queen Incubator, 240
egg size, good as new. Address
MRS. +. +. Mossman, Grey Eagle,
or phone Sank Centre 26F2I2.1
4O-41 pd
FOR SALE-Hay. Oats. and Barley.
For Information write -yhitney
Lang Co., st. Cloud. Minn.-40-41-
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1936-03-12

FOR SALE-13 tons of hay, includ.
ing tons Of alfalfa; 500 blu. Co
chick lamp brooder, Sharpless
cream separator, on farm nine
miles northwest Of city. See or
write Elias Markuson. RR4, Box
%, Sank Centre.-(pd0
The Washington times., 1936-11-09
Woshinoton Produce Markets

plies light; demand light: market
steady. North Carolina, bushel baskets
Porto Ricans, 65975G: ,voa. &,
unbroken car on track. Supplies of good
stock light; demand light; market
slightly stronger for good stock. Cali
fornia. lug boxes, ripes and and T.! turning ing
higher, $3.50; poorer. $3.50.
Mixed Vegetables-Two California ar
rived; / broken and unbroken cars on
track.
Lima Beans-supplies very light: de-
mand light: market steady. Virginia,
bushel hampers. fair quality, 50.
Sap Beans-NO carlOt arrivals;
broken and 1 unbroken cars on track
Supplies moderate; demand light; mar
ket about steady. Florida, bushel ham
pers, green, flat type, $1.25@ $50; fair
condition. 75c$1; Round stringlesS' Few
'AsTn sGuash-suppifes sf light: demand light;
white, wrapped, $1.25@1.5O; Yellow
$3.50; %-busheI hampers Yellow Crook
necks $1.75@2; italian type, $1.75 q.
CHARACTERISTICS very light; demand
Eggplant - Supplies light; demand
light market steady. Florida. Ia
bushel crates, $2@2.95; few $3.50.
Peppers-supplieS light; demand bnshei Ilshei
oPstss %sfsst rrssS' stsady e. Florida l''0O'n''
Okra-supplies light; demand light;
market steady. Florida, bushel nam
pers, $1.75@2.
Oranges-No carlot arrivals; no cars
on track. Florida. boxes, No. l. $2.7SQ
325; No. 2, $2.25@2.75.
Grapefruit-One Texas arrived;
broken and unbroken cars on tarck.
Florida. boxes. No. l, S2@2.25; No. O.
$1.75@2.
Lemons-California,, boxes, $45O@7,
as to grade and size.
Chestnutk-Italian. S@9c per pound.
Grapes-Three Califronia arrived; no
cars unloaded: no cars diverted; bro
ken and 3 unbroken cars on track. Cali
fornia, lugs, Emperors, $2Q2.25i Ma
lagas, $1.25 @1.50.
Pears-One Washington arrived 1 un-
broken car on track. Washington,
boxes, Boscs. $2.2592.5O; D'Anjous'
Mushrooms - Maryland. S-pound bas-
Avocados - Florida, boxes, $1@1.75,
ventilated crates, $4.60@G50.
POmegranates-Califo boxes, $1.25 20
$50
Brussels Sprouts - California, drums
Mixed Fruit-one oregon arrived;
unbroken car on track.
Broccoli Two California arrived;
broken and unbroken cars on track.
FlOrida-160 lugs aVocados; 80 lugs
lines; % bushel baskets okra; AZ bushel
baskets squash.
Michigan-1O crates celery.
CalifOrnia-24 12-pound boxes figs.
Pennsylvania - 144 3-pound baskets
mushrooms.
South Carolina - % -bushel baskets
green peas.
virginia. barrels watercress
Unknown Origin-12 crates mixed vege-
tables.
The Washington times., 1936-11-09
EGG AND POULTRY MARKETS
prices Paid Shippers-F. ID. B.
WashingtOn)
By the United States Bureau Of


p Agricultural Economics
!, Egsg-Market steady to firm. U. g..
Government graded extras, mediums,
cent higher. Current receipts, ESQ
,32c; HENRY White $50 Govern
iment graded and date. white eggs fnet
ton), U. s. Extras large, 43c; U. s.
Extras. medium 32hc; U. 8. Standards
:, Live PouItry-Market quiet. Receipts
light on Monday, prices nominal Fowl
Broilers and Fryers, 1S@17c: Delaware
. Crosses, 1s@17c; mixed colors IA @ 15c:
under 2 lbs, rs q zoe each. Old Guineas
rs q soc each. Spring Turkeys. Hens. 10
lbs. and up 1s@2Oc; Toms, is lbs. and
&c sP' under quotations. Old Hens and
Toms, 16s.
FRUITS AND VEGETABLES
Sales in Large Lots by Original Receivers
Sales to A. NJ.
Cabbage-Two South Carolina arrived !;
2 broken and 2 unbroken cars on track.
Supplies moderate; demand moderate
market steady: New York. 50-pound
ginia, IA -bushel hampers domestic flat
type. 65c.
CarrOts-No carIot arrivals; broken
car on track. Supplies light; demand
light: market steady. California. West
ern lettuce crates, dozen. $3@3.25.
CauliflOwer - No carlot arrivals; no
cars on track. Supplies light; demand
light; market slightly stronger. New
York, Long Island. crates. 81.
Celery - Three New York arrived; 2
broken and ! unbroken cars on track.
Supplies light; demand light; market
steady. Ne WORK, % crates. individ-
ually, washed, $1.5O@2, few higher.
Lettuce - Two California arrived; 6
broken and Q unbroken cars on track.
Supplies moderate; demand light: mar
ket steady. California, fair to ordinary
condition, Western crates. Iceberg type.
5 Dozen best, $2.5O@275, poorer, 81.
OniOns-Two Colorado, l Michigan ar
rived; broken and unbroken cars
on track. Supplies moderate; demand
light; market steady. 50-pound sacks,
. u. S. No 1: Michigan and New York,
yellows, 65@75c; Pennsylvania, yellows,
SOC; Utah and Washington, Valencia s,
U. S. No. /. 3 inches and larger, $1.1O
Oils.
= Peas-No carlot arrivals: broken
and l unbroken cars on track. Supplies
. light: demand light; market steady.
, california, bushel hampers Telephones,
Potatoes-Three Maine, Pennsyl-
vania arrived. 2 broken and . unbroken
cars on track Supplies moderate; de-
mand light; market steady. 10O-lb. sacks.
e u. s. No. /: Maine, Cobblers, $215@
=2.25; New York, Round Whites. $2.10;
Pennsylvania, CobbIers. $1.se@2;, Idaho
Russet Burbanks, sass. few higher,
arrived; :. unbroken car on track. Sup
The Washington times., 1936-11-09

declined and the railway stocks have been weak
considered that commodity prices also turned up
finds difficult escape the conclusion that by what
may be called initiation is the main factor
Government spending is the way to initiation
There many the market and
important political uncertainties that no
My guesss about the matter fall into three ideas
N The election guarantee that the easy money policy
will continue as means facilitating borrowing
and spending This strongly indicates currency depreciation
and eventually inflated prices for commodities and the in
flaton stocks"
shakeout readustment respects similar to those
of April and August this year. Socaled "prottaking is
evidence attended rregularlty and d
vergent movement
The volume trading risen proportions that sug
gest the possibility of climax ahead.
the averages has several days not been
proporonate to what might be expected such large
volume of trading.
( It does not appear however, that the climax of the
has been reached yet and would be that
reaction unlikely in the next few days 1t may not
for couple of weeks |
The most active stocks still up and accompanied
bv the majority traded in The numbers of
highs made from day to day large The averages still lie IN
upward patch.
And back of this is the buoyancy of sentiment created by
large dividend disbursements which will continue for some
time.
The conclusions from these points would to be as
follows:
One should not be stampeded making any large
mitments con the buges Instead it seems wiser TO accu
mulate some reserves by taking profits.
The general idea of caution until good eacon
made in the initiation stocks signs of selling climax
appeared. =, 1890 A., ~
The chief danger that if buys heavily near the top
of move or con the buges" apt to become strained
From purely speculative standpoint and daytodsy % radng
would guess that possibilities of profits are s to be IN
7nuor stocks "amusemens and motors we'll as IN
where large dividend disbursements can be anc
ated would wse however, to take quick profits ana 10
: avoid getting hung up .,
From the point Of view Of the next month or two the metals
ncudng n merchandising and hghgrade utility preferred
stocks having accumulated back dividends look best to me-
But do remember that the New Dealers nave
control In the past this has radical reforms and inter
ference with The tendency toward sharing the
wealth. How far you think they will let go IN making
money of their infation7
And don't forget these yearend dividends special
and may be sort of quidang dividend Markups
their account likely to be followed by equally Snarp
reactions.
The Washington times., 1936-11-09

Some anticipation of the election result ap-
peared in the Monday dip, with utilities react
ing sharply. But on Wednesday there came
a vigorous rise in industrials which swept the
averages upward, despite continued weakness
in utilities and the backwardness of the rails.
The action of the market gave a good clue
to probable developments Two classes of
stocks rose most buoyantly after Election Day.
These were Q) the metals and the oils, and
(2) the amusements, mail orders and farm
equipments. The first groups are Imitation
stocks" The second groups are Government
spending" stocks On the other hand, utilities