davidaulloa/AmericanStories huggingface dataset:
Evening star., 1936-10-22
L.C. SMITH TYPEWRITER
VOLUME SETS RECORD

BY the Associated Press.
SYRACUSE, N. Y, October 22.-
Hurlburt w. Smith, president of l..
c. Smith g. Corona Typewriters, Inc.
said that there is no question that
the company is manufacturing more
typewriters now than at any other
time in its history"
Smith said the concern was "thou-
sands of orders behind for Fall ship
ments" and that approximately 5000
persons are employed in the plants
here and at Groton. The latter fac
tory is working in three shifts, he
said.
Evening star., 1936-10-22
:$URB LIST TAKES
UNEVEN COURSE
Some IndustriaIs Advance
as General Run of Leaders
Ease.
1by the Associated Press.

U6y InE ASSUCIhItu FItss'
NEW YORK, October 22.-Advanc-
ing tendencies featured a number OF
industrials today as the general run
of Curb market leaders sold to lower
levels.
Utilities retreated after establishing
early fractional gains. Oils were Of
fered down fractions to around point
. and mining issues had spotty support.
Apex Electric. Babcock & Wilcox,
Colts Patent Fire Arms, Duval Texas
and Pittsburgh Plate Glass improved
TO 2a4. Quaker Oats dropped on
mall transa ctions.
Evening star., 1936-10-22
METAL MARKET.

auiet: eleetroiytic Ss SPOT and future. e.sS:
export, 1915 20. Tin barely steady; spot
snd nearby. a 00 nnH future 43 ao 6a "a Lsad a.i
ST.. Louis 4.45- so. Zinc dull: East St.
Louis spot and future. ass. Iron. alumi:
num. antimony. quicksilver, platinum and
Evening star., 1936-10-22
MONTREAL SILVER.

MONTREAL. October .. 0P,.-Silver
futures opened steady. UNCHANGED. De-
cemoer. 44.26b; March. 44.22b; May
44.20b. Bid.
Evening star., 1936-10-22
new YORK BANK STOCKS
NEW YORK, October % Op.-security
Dealers Association:
Quotations as of 2 O'Clock. }
RUBBER FUTURES.

NEW YORK. October % 0p.-crude
rubber futures opened DUH. unchansed "a
? lower. Deeember, I6.4Ob; March.
16.47b; May. 1881 BID.
Evening star., 1936-10-22

Wabash Railway Co.-Deficit, .
months ended August 81, was $l,772,-
~, against deficit Of $780,,
Evening star., 1936-10-22

Illinois Central Railroad-Deficit,
eight months ended August 81. was
s2,692,759. against deficit of IS ,2ol ,358.
Evening star., 1936-10-22
NEW YORK CURB MARKET
BY private wire direct to The Star.

Stocks and Saies-
Dividend Rate Add 90. High. Low. Close.
Acme W vtc ca zoos 4S 4S "a
Evening star., 1936-10-22

Y
tPlus extras.
s5Oc paid May Is. 1886; soc paid Au-
gust 15. 1896.
a-4cs extra.
e-2eo extra.
h-T5c extra.
s.-25c paid June 80. 1885.
Evening star., 1936-10-22
FEDERAL LAND BANKS

NEW YORK. october % R.-Federal
nd
Evening star., 1936-10-22
INVESTING COMPANIES

NEW YORK October 90 Pr.-Ne7
York Security Dealers Association:
Evening star., 1936-10-22

1y,ssns 9, rssss ! p dol, Sc!|srs {. Ds:se o. la.,
nuaj rsts-not Including extTas, 3ieeu-
mulated dividends - eaid this yeas
b rsesivershls q Ssins rsofssniScG
Evening star., 1936-10-22

ww-With warrants. xw-Without war;
rants. New. wi-When issued. st
tstpl-Stamped.
sNegotiability impaired by maturity.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-06
RETAIL SALES
INCREASE seen
Reports on December Trade
Indicate Rise Above
1884 Month.
BIZ United Press

By Cntted Press
WASHINGTON, Jan. 6.-Reports
on December retail trade indicate a
volume of sales considerably above
that of the final month of 1884, the
Commerce Department advised to-
Gay.
In New York City, department
store sales for the month ran 2.8
per cent above a year ago. The
average gain for the country is ex-
pected to exceed these results by
good margin.
Steel ingot production, which av-
eraged close to SIS per cent during
the first three weeks of the month,
dropped below so per cent of capac-
ity during the holiday period In
December, 1884, the rate of produc-
ton was SO per cent.
The number of automobiles as
sembled in the week ended Dec. 70
was reduced by holiday shutdowns,
but the months production is ex-
pected to equal the November fig
ure.
Electric power output has ex-
ceeded the usual seasonal increase
There was a less than seasonal de-
cline in freight car loadings during
the first three weeks of the month.
Construction contracts awarded
during the first half of the month
exceeded the total for December,
1884.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-06
NeU York Curb
(By Abbott, Proctor g. Paine)
FREE PICKUP SERVICE
TO BE USED JAN. 20
Chicago and North Western Co. to
Inaugurate New Delivery.

Chicago and North Western Co. to
Inaugurate New Delivery.
Free pickup delivery of less than
carload freight at agency stations
on the Chicago and North Western
Railway, a wide reaching and i'm
portant freight service development,
is to go into effect at almost 1000
points on Jan. 20, v. A. Hampton,
general agent, announced Today.
This service means that any one
shipping or receiving merchandise
within the Western Trunk line and
Illinois freight territory can turn
the whole job over to the railway
store door to store door and receive
the complete pick up and delivery
service for the cost of what has
been railroad station to railroad
station service.
Local trucking and transfer con-
Germs will handle the work for the
Chicago and North Western Rail-
way under contract agreement
with the road. It is felt by officials
OF the road that local business men
Will be aided by the expected pick
up in this type of business under
such an arrangement. In case the
shipper or receiver elects to per-
form his own delivery or pickup
ne is to be allowed hundred
pounds by the railway.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-06
On Commission ROlU

Quotations below subject to change are
average wholesale prices being offered TO
BUYERS by local commission dealers:
Fruit-Cranberries, g. c. Hames, Eat
moreS. 25-lb. box. $3.50, Pears-Washing-
ton DAnjo. s3.25. Calf. avacados, s3,75.
Bananas--Seven hands, pound, sac. Per-
simons-California, lug. SIPS Apples,
thys, si25: Grimes Golden, ST IS Lemons
Sunkist, 360s, s7.25. Grapefruit-Texas,
6ls TO 70s, $S25. Arizona Sunkist. s2.50.
Limes-Mexican, a carton i2s. iSc. Grapes
Emperor, lug. 50; fancy Emperor. Sab,
vegetabies-Beans. green. round string
less bu., 50 So BeetS-TeXaS. 3-doZ. crate,
sis5 Cabbage-New York Danish. 50-lb
bag soc. CarrotS-California. 6 doz. crate.
s375. a doZ., roc NEUTRALITY-SUSPICIOUS..
crate. 50. Celery-Michigan. washed and
trimmed is stock bunch, 55c: jumbo, doz.,
S5c. Cucumbers-Southern, bu. SIS, doz.,
ST.; Kale-Home- bu., 60c: Lettuce
.r6S6 csltSrnis good ST. home
Florida. crate. $3.50; small basket. si.4o.
Mint Bunch zoe.
indiana yellow. 5o-lb bag. sli5; Indi-
ana yellow, l0-lb bag. Csc. Parsley -
Southern, doz.. SOC. Peas-Telephone
hampers. $3.50: Texas hampers. S2.75. Po-
tatoes-Round Cobblers. io0-lb. bag. 81 60;
Michigan Round White. lo0-lb. bag. sl.6o:
Eariy Qhios, hu., sl.7S: Idaho Russets,
sasS Sweet PC,SstocsIndiens Jerseys Sc,
baskets. 45a60c. Sage-Doz. 45c Spinach
New Texas. bu.. s..s5. Saussh-Bu..
$3.50. Tomatoes-Florida. lob. carton.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-06
FORECASTS GAIN IN
BUILDING ACTIVITIES
Business of Philip Carey Co.
Shows Improvement.

j. G. Rector, Indianapolis branch
manager for the Philip Carey co.,
manufacturers of roofings, heat in
stallations and other products used
in the construction industry, has
forecast increased building activities
for the new year.
Mr.. Rector based his forecast on
many favorable reports of man.
ayers from all sections of the coun-
try at the sales convention held re-
Gently in Cincinnati.
George D. Grabbs, chairman of
the board, and one of the country's
most prominent industrialists, re-
ported that the company made sat
lsfactory gains in 1885 and also an
ticipated a continued improvement
for 1886. Reports showed marked
improvement in general business for
1885.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-06
PORKER VALUES
DROP Is CENTS
Supply Estimated at 5000;
Cattle, Lambs Steady;
VeaIs Higher.

An oversupply of hogs on hand
today at the indianapolis Union
Stockyards resulted in a general
price decrease of Is cents, sending
the top figure down to $685.. Re-
ceipts were estimated at 5000, COM
pared with only 1900 Saturday.
Initial demand, however, was
fairly active, but showed signs of
weakness under liberal offerings as
the session progressed. Approx
mately 1876 hogs were held over
from the previous market. The bulk
of 100 to 225 pounds cashed in at
$3.50 to $685..
Bulk of medium heavyweights,
scaling from 225 to 26O pounds, sold
at $9.40 to $3.50, while extreme
heavies, from 26O to $50 pounds,
brought SO to $3.50. In the lighter
classes, slaughter pigs from 40 to
100 pounds, sold at $685. to $3.50
and 100 to 40 pounds, brought
$685. to 1910 Packing sows held
at SITS to 1925.
With today's supply consisting
largely of low-grade slaughter steers
and cows, the cattle market was
steady to weak. The bulk of steers
ranged downward from $40. Heif-
ers and bulls were unchanged. Most
classes of she stock sold at SIS to
$3.50. Receipts numbered 1000.
Vealers were largely so cents
higher, with the bulk selling from
$11.50 to $12. Receipts were 500
The lamb market turned irregular.
with fed western grades steady and
yearlings around IS cents higher.
Bulk of the latter classes sold at
$40 down. Native lambs were weak
to Is cents lower, selling mostly at
SLOTS down. Slaughter sheep held
at $3.50. RtLciuuS were $500
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-06
BANK CLEARINGS RISE
8.8 PER CENT IN WEEK
22 Leading Cities Report Total
of S4,991, Sol 900.
Times Special

NEW YORK, Jan. 6. - Bank
clearings in % leading cities in the
United States during the week
ended Dec. 81, amounted to 81
991 sol 900 for the four-day period,
compared with $4,59O,O5O,OOO in the
preceding week, Dun & Bradstreet,
Inc, announced today.
This was an increase of 8.8 per
cent despite the New Years holi-
day. The total for the same week
year ago amounted to $4,709,-
221000. Clearings in New York
City during the last week showed
an increase of 40 per cent, COM
pared with year ago.
Total clearings during the last
week were above the amount re-
ported for the preceding week by
$401, ISL ,000 For the two preceding
weeks of 1884, the gain amounted
to $717 ,555,000. All cities, except
ing Chicago, reported gains with
the largest appearing at Cleveland,
New Orleans, Detroit, Omaha and
Dallas.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-06
BusigrabhS

The business cycle is still on the
job. We will always have periods
of prosperity and depression as long
as human nature continues as it is.
The arrow on the chart shows our
present position in a typical bust
ness cycle. The following describes
the periods closest to us:
G-Bond prices higher; interest
rates low; business failures low;
some increase in employment.
H-Confidence returning; stock
prices increase; employment more
general; wages still low.
Increasing commodity prices;
business profits increase; wages
higher; strikes increase; real estate
more active
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-06
KEENER TRADE
COMPETITION IS
'36 PREDICTION
But No Rehabilitation of
Army of Unemployed,
Magazine Says.

Times Special
NEW YORK, Jan. 6.-"What's
ahead for 1882" is the question
asked by Business Week in it's issue
today.
I'm the field of business" it says
in answer to its own query, "keener
competition, but continued improve
ment in steel, motor, machine tool,
textile, lumber, construction and
chemical industries; larger agricul-
tural production and income, what
ever the outcome of the AAA in the
hands of the Supreme Court.
Profit Prospects Favorable
More unemployment is expect
ed" the magazine continues, par
ticularly in the building industry,
but no rehabilitation of the vast
army of unemployed; further gains
in national income, especially
through wage and dividend chan
nels; no substantial change in gen.
eral price level.
Prices of agricultural products
may taper in the last half of 1886,
but manufacturers will attempt to
push their products toward higher
levels. Profit prospects remain IA
vorable in view CT better consump-
ton demand, stable prices and de-
spite the inevitable increase in taxes
flowing from social security expert
ments.
Business Week expects its index
of general business activity to av-
erage rs per cent normal or bet
ter in 1886, a Is per cent gain over
the average 1885 level of &c per
cent of normal. Recovery in dura-
BILE goods fields should be increas-
ingly apparent. A beginning was
noticeable in late 1885 in such fields
as steel, machine tools, farm i'm
plements, heavy construction, rail-
road traffic.
More Army, Navy Orders
Much of the Federal govern
ment's construction program fnan-
ced from relief funds will be in
operation during 1886 to swell the
total. Due to the precarious posi-
ton of world peace, Congress may
lend an ear to pleas of the Army and
Navy Departments for bigger and
better equipment. Some orders
along these lines already have been
booked.
Both industry and the public are
set to go places in 1886. The new
liner, Queen Mary, should give adj
ditional impetus to foreign travel.
At home the aviation industry also
is laying plans to span the Atlantic,
and through the purchase of larger
and speedier planes for cross con-
tlnental service, is preparing for an
even more air. minded public in 1886
than in 1885,"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-06
FARM MACHINE SALES
rs PER CENT HIGHER
Tractor and Equipment Producers
Expect Upturn in 1886.
Times Special

Times Special
NEW YORK, Jan. 6.-Sales of
agricultural machinery manufactur-
ers during 1885 are currently esti-
mated to have exceeded 1884 by
about rs per cent, according to the
Standard Statistics Co., which also
states that leading tractor and farm
equipment producers are now max
ing plans to take care of additional
sales in 1886 of around Is per cent.
Recent reports indicate that these
expectations are reasonable. Trac-
tors are still selling we'll despite the
fact that the current period is sea-
sonably slow. Thus, although deal
ers are still buying in fair volume,
stocks in the hands of selling out
lets are low. Meanwhile, manu-
facturers are maintaining a high
rate of production to build up sup
plies.
In the final analysis, however,
sales of farm machinery vary di-
rectly with aggregate farm income.
With 1885 cash farm income esti-
mated to exceed by at least S.5 per
cent the 1884 total, good spring busi-
ness in tractors and implements, as
well as satisfactory collections on
existing accounts, is indicated.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-06
CAR, TRUCK OUTPUT
DROPS DURING WEEK
Total Production Is Estimated at
65,3S8 Units.

ItmeS SpoclGt
DETROIT, Jan. 6.-Production of
cars and trucks in the United States
and Canada during the last week
amounted to 65,388, compared with
83,498 in the preceding week, &C
cording to Wards Automotive Re-
ports released today.
Important developments in the
industry during the week consisted
of the announcement Of the new
1896 line of Dodge commercial cars
and trucks embodying fore point"
load distribution and hydraulic
brakes. The Chevrolet Motor Co.
announced a million dollar Coop
erative plan to help dealers move
stocks of used cars.
An announcement was made by
the Ford Motor Co. Of a new $25,-
a-month plan for the financing of
retail purchases Of Ford cars. Cen
eral Motors assembled an aggregate
of 29,950 units during the week, COM
pared with $3.50 in the preceding
period. The drop in Ford output
was attributed to the curtailed &C
tivitieS at the Rogue plant.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-06
COSTS
ON DECREASE,
REPORT SHOWS
Annual Treasury Report
Reveals Peak Public
Debt, However.

By United Press
WASHINGTON, Jan. 6.-The Fed
eral governments vast emergency
recovery and relief expenditures
have shown substantial slump
from the 1888 peak, the Treasury's
annual report and subsequent figures
showed today.
The annual report, covering the
1885 fiscal year ended June 80, 1885,
however, showed peace-time record
expenditures of $7,375, 300, 000 a gain
of $270, 100000 over expenditures of
$7,1o5,0o0,0oo in the preceding fiscal
year.
Total recovery and relief ex-
penditures, segregated in the gov
ernment's accounts, showed a de-
cline to $4,249, 100000 in the 1885
fiscal year from 81, 283, 200, 900 in the
previous fiscal year, decrease of
$34 ,000,0 900.
Heavy Loan Repayments to RFC
Since June 80, 1885, recovery and
relief expenditures have continued
to run behind the costs of the cor
responding period of the previous
year. Between July /, 1885, and
Jan. 2, 1886, total government ex-
penditures were $500, 120,415, of
which 1854, 126,70O went for relief
and recovery, compared with total
expenditures of $3,588,349,010, of
which $1,848,710,548 were relief and
recovery costs, in the corresponding
period of the previous fiscal year.
Henry Morgenthau Jr., Secretary
of the Treasury, omitted from his
report financial figures subsequent
to the end of the fiscal year on
June 80, 1885, as these were to be
revealed in the Federal budget also
made public today.
The decline in relief and recovery
costs coincident with higher "ordi-
nary" costs of running the govern
ment, resulted largely from heavy
repayment of loans to the Recon-
struction Finance Corp, thereby
reducing the drain of loans to the
Federal Treasury. Relief costs,
however, jumped sharply, increas-
ing to $2,341, 700, 900 in the 1885 fiscal
year from 1874, 400, 900 in the pre-
ceding year.
Public Debt at New High
Against expenditures in the 1885
fiscal year of $7,375, 100000, the
Treasury was able to collect total
revenues of $4,000, 500, 900, which left
a deficit of $3,575, 100000. This was
largely made up by new borrowings
which carried the gross public debt
to $28,700, 1892, 625 on June 80, 1885.
1t subsequently rose to new high
of 0,560, 1892, 652 on Jan. 2, 1886, as
a result of further heavy borrowing
and spending.
In the previous 1884 fiscal year
the government collected revenues
of $3,115, 100000, against expendi-
lures in that year of $7,105 900, 900,
leaving deficit of 1898, 400 900.
Sharp gains in revenue were
shown in the 1885 fiscal year. Income
tax collections rose to $1,O99, 100, 900,
a gain of 1922, 200, 900 over the pre-
ceding year; miscellaneous internal
revenue to $1,674, 100000 a gain of
$3.50, 100000; customs to $343, 400. 900,
a gain of $3O,OO0,000 and miscel-
laneous receipts to $179, 100000, a
gain of $17,900000.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-06
INDIANA MOTOR CORP.
PROPERTY FOR SALE
Greater Marion Association May
May Acquire Industrial Site.

Times Special
MARION, Ind, Jan. 6. - The
Greater Marion Association has
been given the opportunity to pur-
chase property of the Indiana Mo-
tors Corp. as prospective indus
trial site which the association has
been seeking for some time, it was
learned today.
The association has been negotiat-
ing for the property since several
attempts to bring new industries
here failed because the community
had no industrial property avail
able. The large factory and office
building of the Indiana Motors
Corp. formerly occupied by the
White Motor Co., has been vacant
since the latter firm moved to
Cleveland, o.
Deed for the property has been
placed with the two Marion banks,
which are to serve as co-trustees
for 80 days during which time the
association plans to conduct a
campaign to raise funds to acquire
the property which, it is believed,
can be purchased for an estimated
cost of $28,500.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-06
Other Livestock
(By United Pressl

CHICAGO, Jan. 6.-Hogs-Receipts. U.s.
900. including 5000 directs: slow: mostly
Csc lower than Fridays average: top.
$50; 225-300 lbs. s969.45: few. $3.50: few
sows. Soaps. Cattle-Receipts. is. 1000:
calves. 1000: hardly enough done to make
market. largely steer and heifer run: in
between grades oredomina ting: most steers
here OF value. to sell at s8d1i: several
loads held well above sl3 however: thin
stockers steady at STA down: cows scarce.
but steady to weak: heifers in liberal
supply mostly Csc or more lower: bulls
active and strong at 1913 down on sauss-
age offerings: vealers. sll down to SO so:
mostly ssGlo.50 Sheep-Receipts. IL 600:
fat lambs opening slow; generally asking
around steady and refusing lower bids:
sheep little changed: feeding lambs scarce;
bids and scattered sales on good 70 choice
native and fed western lambs si075Mll:
best held around s1l.25: native ewes. s475
n5.25: westerns held around $3.50.
LAFAYETTE. Ind. Jan. 6-Hog market
10-20c lower; 170-2i0 lbs, S9.60G970: 2i0-
235 lbs. s9.35G9.45. 235-i6o lbs. seioa
$40; $50 325 lbs. ss.s098.90; lo0-i7o
lbs. $9d9.40: roughs. SO down. Calves
Sll down. Lambs-$lo.50 down..
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-06
Produce Markets

The prices quoted are paid for stock
gathered in the. country. while delivered
IN indianapolis the price is a cent higher
hens, &c.,. springers over Az lbs. lsc;
under IA lbs. lie: springers ia lbs. and
up. lac. old cocks. &c. Turkeys-Young
q 70 IS lbs. zoe; under Il lbs. and over
is lbs. loo: old hens. zoe: old toms i5c
pucks-White, lbs and over. lac: under
70 "a lbs. lie; over IL lbs. &c: old
guineas. i5e; young guineas. IL lbs. and
24c: pullet eggs. i6c. Each full case must
weigh IS lbs. gross. a deduction OF i0c a
pound under IS lbs. will be made. No.
t pn..sr; s7.sIsslsc: No z. s4a43siac
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-06
CAR SALES INCREASE
Studebaker Reports Best December
in Eleven Years.

SOUTH BEND, Ind, Jan. g.
Sales of the Studebaker Corp. dur
ing December amounted to more
than 7700 cars. the best record in
II years, according to a report re-
leased today by Paul G. Hoffman,
president.
Shipments of passenger cars and
trucks during the last month ex-
ceeded any December since 1894,
when 1869 cars were shipped. it was
reported. The company has car
ried over approximately 5000 De-
cember orders for immediate ship
ment, Mr. Hoffman said.