Indianapolis Times, Indianapolis, Marion County, 13 December 1940 — Page 39

o

“Month ago

Public Loses Money in Stocks Because It Lacks Information, Wright Believes

°!

By ROGER BUDROW

; SOME OF THE PEOPLE WHO BUY STOCKS Know so| Hittle about it that it’s no wonder they lose their money. It is far easier to get them to put money in a stock on some "hot tip” from a chance acquaintance than it is to persdade

“them to invest in a business venture or buy a home. These ‘are the conclusions reached by Todd Wright,

“financial editor of the New York Daily News, in his new

book, “How and When to Buy and Sell Securities,” published

“by the Bobbs-Merrill Co. here.

+ The SEC has saved investors from “Stock swindlers and from their own

takes in a good many instances » Wright believes, but millio dollars are

Mr.

“the

=an investment program. “what he calls the

dividend records.

= -For the person who would like to %now more about the stock market

~hut doesn’t want to wade through 4a ~complicated, technical book about it, Mr. Wright's effort fills the bill

# ® =

THERE HAS BEEN considerable “eilng of stocks this week to estabTish losses or profits for the income “tax aecount. Somebody has been dumping overboard huge blocks of “New Haven stock at 1-16th a share. “Some of the experts calculate that it ‘costs the holder of this stock more -than he gets to sell it in the open =market, ! ; » ” #

ELMO ROPER, the Fortune Maga-

” ine survey director, told the Invest-

“ment Bankers Association, meeting “in Florida yesterday, that he guessed “that the public's opinion of their profession was “not very flattering.” He said this was because the pubHe didn’t know just how investment “bankers fit into the business pic“ture and because of “the actions of “a small and unscrupulous minority ~ Mithin your ranks.”

x 8" = 2

- ODDS AND ENDS: Retail gasoSine prices throughout the nation on Pec. 1 averaged 12.09 cents a gal‘Jon, the lowest in almost seven “years, according to American Instiute of Petroleum. . . . A $1,500,000 Shipbuilding - company, Louisiana Shipyards, Inc, has been organized ‘at New Orleans. « » « Rustless Iron ‘& Steel Corp. reports taxes took

*gbout 55 per cent of its income last| 3

“month. « « «» President Juan Trippe of Pan American Airways annad that engines and propeller ‘improvements will enable the airdine to inaugurate non-stop service

‘between U. S.-and Europe, except

dor the Bermuda call, next spring. =, , World - petroleum production October was the lowest since

‘during

“February, while the U. S. output|

‘reached the lowest since August of ‘Jast year, magazine World Petroleum rts. . . » Present prices for scrap

repo 5 - Hvon and steel are still quite a bit

‘féwer than a year ago, despite a ‘rise of 16 million tons in consump‘tion, Institute of Scrap Iron &

tee says.

DAILY PRICE INDEX

- NEW YORK, Dec. 13 (U. P.).—| ‘Pun & Bradstreet’s daily weighted ‘price index of 30 basic commodities, ‘compiled for United Press (1930-32 ‘gverage equals 100), Xesterday 99000 N09 0800000000 123.90/ 2

Week ago esesscesssscscesse 123.71 00°00 8008000000 122.67

880 cccecccccncscccese 121.98 1940 . (Nov, 29) ecscoone 124.32 2840 Low (Aug. 19) ......... 11242

3 +. S. 8 STATEMENT

18. (U. P.).— 5 wad Seglents for the h Dec. 11, com-

Year

Yash Fea 1,91 4538.00 2,435.7

,0 88 1

Debt: en Res. 21,857.535, '339,116,

INDIANAPOLIS’ CLEARING HOUSE ) $ 4,170,000 * 11, 705,000

{THI Dealers JITHTHI

FIRE—-CASUALTY AUTOMOBILE INLAND MARINE INSURANCE for Careful Property Owners BERL ICL

ost every year simply because the investor doesn’t know enough about what he is doing. Wright's book is an easilyunderstood primer for the investor. He discusses. the various types of securities — common stocks, pre-| stocks and bonds, tells how stock exchanges actually operSate, talks about the ticker tape and

Sits ‘symbols, outlines the method for and lists “blue ribbon”

“stocks—the ones with long, unbroken

/

INSURANGE AID REPLIES TO SEC

Johnson Says Commission Has ‘Misinterpreted’ Facts.

PITTSBURGH, Dec. 13 (U. P)). —Holgar J. Johnson, president of

yesterday accused the Securities and Exchange Commission of “flagrant misinterpretation” about investment policies and in-

surance firms. “The SEC implication that insurance companies sterilized the

them from flowing into new enterprises where the element of venture or risk is present, was a flagrant misinterpretation of the real facts,” Mr. Johnson told a luncheon meeting of the Pittsburgh Association of Life Underwriters.

“Over: three and a half hiliions invested this year will be put to work with other life insurance assets creating jobs, running factories, utilities, aiding Government, finaneing new homes and offices, giving emergency aid to families,” Mr. Johnson explained.

The SEC’s implication that the five largest life insurance companies, have interlocking directorships with 100 other insurance companies, 145 banks and other financial institutions and 534 industrial, real estate or other corporations, company operations, Mr. Johnson companies seek for their directorates are naturally leaders in their communjties—and “leaders in every community are directors of many organizations,” Mr, Johnson said.

LOCAL ISSUBS

The following quotations by the Indian |S apolis Bond & Share Corp. 20 not repre-

indicate the approximate market level based on buying an and selling quotations of recent transa 2 toeks Bid |

Agents Finance 0 Belt RR & S Po.

%, pid. % pd

Bet, 8% fd.. ndrls Water 2h pid Lincoln Nat. Li

co Van Camp Milk pfd Van Camp “Milk com. Bonds American Loan 2 51.. American Loan 46 . Citizens Ind Tel Po abes “81. LL 5s 42.. ayne 5%s ..

liters: 5

Ho: ng ne ne ndpls Wat 5 s 66 .105 Kokomo Wa % Wors 55 58...104% Ruhner Packing Co 42s 5... J0 Morris Sao RR 5s 50. Muncie Water Works 5s 6. Nat Silk Hosiery 5s 42. N Ind Pub Serv 3%s 6.

100 109% 60 oe 109 Tel Co 428 100 Ed Water Yt, pe 57.. 104

Trac Term Coro 5 76%

Because of Oi

world’s petroleum resources may

Discussing world oil

duction. In contrast, Britain has access: fo the grea$ oil fields of North and South America, the Middle East, and the Dutch East Indies. “Moreover, thoiigh the submarine

FLYNN CALLED TO ELECTION INQUIRY

WASHINGTON, Dec. 13 (U. P.) — Chairman Edward J. Flynn of the Democratic National Committee has been subpeaned to appear Monday morning before the Justice Department’s campaign expenditure investigation. ~ Special Investigator Maurice Milligan made the announcement after former C. I. O. President John L. Lewis, as chairman of Labor's NonPartisan League, had described. to a Grand Jury his activities during the campaign and accounted for the cost of his three-network radio broadcast for Wendell L. Willkie the week before the election. Republican Chairman Joseph W. Martin Jr., has been in Florida, but is to return soon and will be questioned. .

- WAGON WHEAT

Indianapolis grain elevators are for N whet, 3c: ‘sul subject to hoop rae

es thoprd. 4 white shelled Hi

$2; new, No. ats, 32c.

. 2 white o

THE CORPORATE TRUSTEE

has continuous existence. ~ {ll or absent, and its officers are

It never dies or moves away, is never

always available for consultation.

t your attorney, have your Will drawn naming tis pany your Executor and Trustee.

THE UNION TRUST COMPANY.

Capital. and Surplus ; 000,000.00

the Institute of Life Insurance,]} \m

’ m ¥ WS of facts Am P&L

terlocking directorates of life in- |}

funds they receive and prevent:

indicates a misunderstanding of é

said. The type of man insurance |S

sent actual price of offerings, but merely g

committee. The group recently has been meeting w eckly, niversary show. Members, left to right, are: T. E. G Board; J. Frank Cantwell. the show's managing dire ctor; M. B. Esterline, committee chairman; E. D. Pierre, chairman of the Architects’ Committee; Carl Weiland, and Arthur Smock, member_of the Indianand Arthur Smock, member of the Indianapolis Home

ANAPOLIS TIME Plan for 20th Annual Home Show

When the 20th annual Indianapolis Home Show opens its doors next March 28 at the Manufacturers’

‘Building at the State Fair Grounds much of the result can be atiributed to this group—the general plan

studying and developing plan? for the 20th an-

rinslade, who represents the Indianapolis Real Estate

di

Low Last 2 7

237s 1 166¢

Ys 3 is

Net Change

Am jm Color pe . m > Car Rar Am&FPwr $6 pf 1 Am Home Pr... 5 i Pg 2

-

$3 HE HR HE

as 2 cae iation. Corp..

Bald Loco ct. ... Bangor & Ar.. Bendi Best & Co Beth ] sete Boeing Afr Lid. Bon Ami ® o Berg-Warn . prewin p Am

B ra Bin & Tr. Bklyn U Gas. Burroughs ....

Cal Packing ... Canada Dry ... Can Pacific .... Caterpillar T .. Cent. Aguirre... Cerro de Pasco Chi Mail Order on Pneu T . Pn Tl cv of Chri ies - 33 Clim Moly Co.

Col Pictures Com Inv Tr/.. gomwish & So. Comw_& So i Cong-Nairn _... Cons Aircraft .

Cons Film .. ; Cons Coal vie. pr 37% 39%2 3% 19% . 19 oe 41% 1 47 97% 11% sew ve 9 Curtiss-Wr A.. . 28%

Deere Del & D lac Dist Seag Du Pont Fe East Air Lines. 31% East Kodak 13 5Y2 Eaton Mig.

El Pwr & Li 4 a LZ & 1, 5 ‘of 21%

3% —

5 Ya

1g VBC see

612 40 vs 15%

Fait banks pf... 6% First N By ve Flintko 15%

¢ 76 § 31 Ga¥lord Co 0 B43 A

[rieipety

— i TS

. . +

aunt " %

10% 38a,

Hecker Prod T% Herc Pdr .... Holly Sug ..... +10 0% Howe Sound ... 38% A,

3

+43

6%

11 Central .... i 11%

rlake Ir ...

103 107% | Inte:

eventual defeat of Germany and Italy, 9, 12.6 today by the Bank of Nova Scotia. 3 supplies and international trade in oil products, the bank pointed out that the exportable surpluses of Rumania and Russia are the only petroleum resources cpen to continental Europe, apart from a small domestic pro-

Int Harvester .. 547% 54%

Bank Says Britain Will Win il ‘Stranglehold’

- TORONTO, Dec. 13 (U. P.).—Great Britain's “stranglehold” on ‘the prove the decisive factor leading to

according to a survey presented

and the slowness of convoys hampers this vital flow, Britain's carrying capacity is apparently quite adequate, for with the acquisition of the tanker fleets of Norway and

tons of tankérs—about half of the world’s total,” the bank said. ‘The review called attention to the fact that German crude oil production in 1938, the last year in which data were available, amounted to only 4.300,000 barrels while ‘synthetic liquid fuels, made from coal, totaled 13 millions, a combined total equal to only about 30 per cent of the Reich’s peacetime consumption. All of continental Europe, excluding ' Russia, than 200 million" ‘barrels : of ‘oil in 1938, of which local production accounted. for very little more than 25 per cent, the bank review said. The addition of output of related fuels, about 17 million barrels, and of all Russia’s exports, about eight million barrels, still would léave a shortage of about: 120 million barrels, it added, pointing out that the Axis Powers must permit some oil to be

the occupied countries; “ro cut down consumption and to increase production of substitutes on: a“siale as large as this is obvigusly a task of great magnitude,” the bank observed... “Ironically enough one of their chief misfortunes in -the war—the

ducing the needs for Bunkerr oil. Moreover; Germany has apparently alinost entirely eliminated civilian

“On th cn Sn EOE

*| Yesterday

” Macy RH ...

Holland she has over five million|gu

used for industrial purposes even in:

British blockade—has operated tol lbs tire enemy in this task by re-|

use of motor fuel in occupied! |

NY. STOCKS

gy UNITED PRESS

.|DOW-JONES STOCK AVERAGES| 30 INDUSTRIALS

Yesterdae

Month AZO cicicocessccnies Year AZO -.uce..oesieisenes . High (1940), 152.80; Low,

Yesterday Week Ago Month Ago ... Year Ago ...... otionimane ss ous

sasentessenies

High (1939), 35.90; Low, 15 UTILITIES Week Ago csamsnssees Month ALO .....cecoegeascee Year Ago

132.14 130.33 1385.59 149.64 111.84.

/ High (1939), 155.92; Low, 121.44. 20 RAILROADS

29.93 31.81

High (1940), 32.67; Low, 22.14. 24.14.

19.98 20.15

+0.38 +0.83 —1.38 “Fem |

21.06 —0. 24.92 —0

High (1940), 26.45; Low, 18.03, High (1939), 27.10; Low, 20.71.

STOCK MARKET

Commonwealth & Southern ‘Sold in Huge Blocks .> On N. Y. Board.

today after early easiness. continued quiet. Bethlehem Steel jumped 1% points from its early low to a gain|> of 7% point as 89% and U. S. Steel replaced an early loss with % gain at T115.

‘Trading

High IntHydEIA 1% 1% 3% 24% 70

39% 2

Jones&Lgh pf 102% 102% —T—

Kan C Sou .... 4% Kennecott ..... 85 Kresge SS .... 25%

wp Jehmah es ~hi% Liq C: 17} Lotiheed Aircft i 00 Lorillard ...... 182 —— coe 2634

4Y,

Ak 39% 323 180s.

Manati Su

Martin Parry’ Intyre Porc . Keesport .

vil

Nash-Kelv ..... Nat Acme Nat Aviation . Ne t

adio ig at .

Rem .e Ya Republic io soe 23 Rep fA... Rern a vol

Min’ .. 3.... 31% 21 eoee 17% 17% lelautegraph [exas ride W A Oil. . [imken R B..

fri-Cont ..... 0th Cent-F ...

«3% : 3975 9 50a a

Und Ell Fish... 34} Union Carb ... 71 Un oil fale. .e 12% Un Pacific .. freratt ees

2%

FES

[=

Pig ALTE]

Net Low Last Change

— Ys Ys

we

F.% + Y% |in a 70,800 share block at % and by| Good

[+41 1 ++

i: SEE ER

H+ Ee

4 England (

ry

Chrysler rose almost a point from its low to 1% point gain and General

tion, while White hit a new 1940 top at 16%, up 1, in active turnover.

Commonwealth & Southern common was most active. It opened

‘noon around 75,000 shares had: been traded, all at the same price. Allied Chemical recouped a 1% point loss and American Hawaiian Steamship, American Shipbuilding, Eastman and General Cable preferred rose 1 ta 2 points. Universal Pictures 1st preferred and American Sugar preferred were up more than 2 points. Hercules Powder lost 1% points to a new low at 69%.

LOCAL PRODUCE

Heavy breed hens, 13e; bareback hens, ilc; Leghorn hens, bareback Leghorn hens, : Wo ‘and White Rock spring 3%, RL colored heavy breed spring Leghorn & rossier He batebs 9c; old roosters, Turk oung toms, No; 2 Sn 10c; ns a hens, No. L1 "No. ‘a, 14c; white, 5

old toms, No. 1, 10c; 3% "Ducks— $i Teathcred ‘and fat, ibs. al ns , under 5 lbs., 6c; ai 5 lbs. and over, 6c; under 5 "Ibs; e—Full feathered and Sobases:

S, duu ecg, no grade,

jutter—No. 1, 38@38%ec: No. 2, 36@ c: butte tat No. 1, 34c; No. 2, 38c. Wa an Rr ‘prices quoted ‘by the

FOOD ) PRICES

ach higar, chig ery—! toes, Florida, &S, Texas, bu., 65 @85c. rates, $1.75. ro $2. [email protected]. Lettuce, Arizona, crates, 3. Sweet potatoes, Tennessee, bu. (50-1b. sacks). indie, Minnesota, pe ows, 75¢. Colorado, sweet spanish , $1.30. sweet Spanish $1.22%

California, a

2 56 tn

x FOREIGN EXCHANGE

"NEW YORK, Dec. 13 (U. P.).—Following are noon cable rates on os Re cur= rencies: Cable Rates Net pe. und) ......$4.03%

Canada (dollar) ... Ttaly (lira) ¥ nland (markka) .. owitgerland (franc) Sweden {krona) wes Japan (yen - Mexico (peso)

Univ Pict 1nf..120% 120

—W—

120%

Waidost Sys .. algreen ...

ss

1 > ard Bak. pf . 1 arner Bros .. al1lCTL

yest Air Bke . 20% Vest El 1

At hh Ah AA

ite Rock illys "Overind. Jilson & C 4 ilson of ..... 64% ‘Woolworth esos 32% 32% yt Leene 15% . 15% 118% 116%

Yellow Yellow ™ ands: va e Young Sh

$6.30 Highest: Quoted in

{all weights | yards ‘today, acocrding’ to the Agri-

‘PUSHES HIGHER, :

NEW YORK, Dec. 13 (U. P) =|; Stocks pushed irregularly = higher t

Motors moved ahead a small frac-|choice—

1 Good and choice

Tang goo

+ 220-230-Pounders; SR Vealers Gain. '

Hog price advanced 5 cents on, t Indianapolis stock-

cultural Marketing Service. ‘The top here was $6.30 paid for good and choice 220 to 230-pounders. Vealers were strong to. 50 gents higher with a $12 top. : '

calves, 13,025 hogs and 2415 sheep.

‘Top Receipts

JE ec, . Yeo, 13 .

Barrows and Gilts | ojce— |Good t 4.90- Ts. 40! 270~ 300 ks 8. 65 5.85 .26- 6.05! 300- 330 5.65 5.80 .90- 6.10 330- 360 5.55- 5.65 o 6.20| Good— :

60- 400 5.60-. 5.70 348 58 5.30~ 5.55

.68- 5.55 Slaughter Pigs Medium and Good-— 90- 120

sess sssanertetngens

Packing Sows.

-160- 5.65- 5.95

Steers 313 25-13.75 . 13.00-14.50 , 13.00-14.75|Sausage~—

Bulls Choice— I ¥en Yearlings excluded)

...$ 6.75- 7.35 0. 13.00-14:75{Good ... 6.50- 7.15 0. 10.25-12.2 um 10.

1 -. 6. Cutter an Ske: 8.50 ro 4.75- 8 50 Veal jum— choice. . 75-1100. 0.25 1100-1300. Ri 3e-10; al Conn ommon: “150-1100. 6.50- 7. 50 gine op Steers, Heifers wip 4 git 4 500 150- 11.25-12.75 Cholce— ccipie, 387) 9.25-10. 500- 750. 9.50-11.25 390-1900. 925-10, Good— Heifers 500- 300... 8.25- 9.25 J80- 900. 11.00-12.25 yno0.. 525.335 750- 900. 9.50-11. 00lCommon:7.50- 9. 8 6.00- 7.50]

10, 50413, 00 and

6.00- 7.25

Te 500- 900.

00 dows 8.00-' 9.00 sr a (heifers) Good and Choice— down ' 8.25-10.00

Canner... 3.75- 4.50 500 down 7.00 3.25 SHEEP AND CATTLE (Receipts, #7),

Lambs

Gaod and choice Medium and good ,... Common

. 6. 25° «8 %- 5 00

Yearling Wethers Good and choice Medium

Ewes (wooled) .

Common and medium ... 2.50-

CHICAGO LIVESTOCK

Hogs — Receipts, 9000; active 10 all; around 10- cents higher; top, $6.35; bulk ood and choice 200.310-1b. averages, $6.20 6.35; mostly. 180-200-1b. JERS $6.10@° 6.25; Jacking sows steady; bulk 330-400 ; |1bs.. [email protected]; few ligh ’ butcher kinds o $5.75; Sa. 425-550-10. sows, [email protected]. (ig my 1000; calves, 300; come mon and medium grades predominated in all classes; market steady all through list; hardly as active as Thursday, partly due to absence toppy steers and heifers; few head choice and prime 1000-1b. calf Ship Hos $14; most other shor own

10.5 to $8 Sh: Balen ight kinds down to fed heifers, 7 310 28; down to

passing $9. 50; » | nominal,

Sheep—Receipts, 9000; late Thursda | gat lambs strong to 25 cents higher; bul good to choice tod Westerns and few Hatives around 100 lbs, flown, [email protected]; top, $9.50; few loads 108- ih 1b, Heavies, $0 [email protected]' today's trade ip Ww; few earl askin os to

early bids c deck good * choice 86-1b. lambs sold steady at $8 as

I shorn fed

The Marketing Service reported} 353 salable cattle were received, 382}

4.40- 5.00 Slaughter Cattle & Vealers (Receipts, 3) :

a 8.25 |

=, down. 9.00-11.00 js

above ong &

L. Clifford Goad, "39-year-old native of Petersburg, Ind. has been promoted to. assistant to the vice president in charge of General Motors Corp.'s accessory divi- . Mr, Goad was an engineer af Sa Anderson and’ Muncie Delco

'000 Remy ‘plants for 10 years after

graduating from the University of illinois in 1923. He has played an t part in the construction of seven major General Motors

WHEAT PRICES FIRM AFTER WEAK START

CHICAGO, Dec. 13 (U. Ple— After showing fractional: losses af the opening, wheat prices on the Board of Trade developed a firm

tone with the December contract leading the upturn. Volume of pif trade, however, continued small, At the end of the first hour, wheat was unchanged to up % cent, Dec. 89%. Corn was off % to % cent; oats up % to off 3%; rye unchanged and soy beans off 1% to 1% cents. »

OTHER LIYFSTO0R

INCINNATI, Dec. Be P.) ~—Hogs Fe 15" total hy 00-330 er; y Ts. Ys60 to: 150: We E [email protected];

sows Soa. “inosti @>5. ws steady, in %00 a . 425; calves;

100: 50; steers jable "heifers, 25¢ higher; common and medium heifers 800-lb. averages, | $10.25; JLo load, :

600-1b. weights, $9 5; 800 10-5

good ound averages, $10.2 sa sage Pals. $5. 5054.50 eep—200; good to choice trucked in| 82-1b. native lambs to city most good to choice offerings, [email protected]

FT. WAYNE, age

2 Dec. Five cents Sogo} 30-30 Tos, 20 200

buchers, $35] s speak ‘at the monthly dinner-meet=

ALDRIDGE ASK! )

: CHANGE INU. 8,

FISCAL poLIcY

Outlines op to Prevent 2 Over-Expansion of Credit.

BOSTON, Dec. 13 (U. P)~Wine, throp W. Aldrich, chairman of the’ board of the Chase National Bank of New York, asserted today that a change must be made in the nae

| tion’s fiscal policy if the private

citizen is to b¥ safeguarded against

i | uneconomic expansions of credit.

“I believe there is still time to \take measures which do nat have the totalitarian taint but - which may keep credit expansion within reasonable bounds,” he told a Bos= ton. Chamber of Commerce Junghs eon. Mr, Aldrich recommended: 3. That gold coinage and gold redemption be reinfroduced. 2. That future additions to the - gold stock be sterilized. :'3," That the Exchange Stabilization Fund, resulting from gold 8ollar devaluation in 1934, be used to grant credits to foreign nations or to others only to-the extent of the $200,000,000 - inthe active account. Credits extended above this amount should come from the general funds of the treasury, he said. 4. That the monetary powers now vested. in the President be withdrawn, and powers of credit control and of money market con= trol ‘be returned to the Federal Ree serve banks. 5. That the Bogrd of Governors of the Federal Reserve System

ments to the maximum now per mitted by law. (This would reduce excess reserves by more than $§l,000,000,000.) : 6. That the :Board of Gover= nors add .to the number of cities classified as reserve and central jeserve cities.

CANNONBALL BAKER “T0 SPEAK TONIGHT

‘BE. G. (Cannonball) Baker will

ig of the Air Conditioning Couns= 00- | cil ‘at the Riley Hotel tonight. . He will discuss “Economy Auto Runs.” ‘I. W. Cotton is newly elected Council chairman; Telford Davis,

5. '| vice chairman, and George . Jostin,

! 180-120 lbs., $4.55. Roughs, 235.251 stags, $4; calves, $11. 50; lambs, $9.25

Phat caioeed ava rs Opening rear rte

wheels. Rubber pal

used something more| #

GOODY YE TIRES

Double-disc : 3 with Orange trim. we His

TOASTMASTER De Luxe TOAST 'N JAM SET ® 2-slice automatic pop-up toaster. Two beautiful jam jars with contrasting colored ‘covers, Toast plate to match. Rich walnut tray. A gift for year-round enjoyment.

- Toastmaster : $169 i

qf convtute set STT95

CWI I XA TIRES

ANN EIN

S

y

N AY

TAY IB TAAY ; FOASASK SAYS) - RTA AR RL R LN Cat Hien)

Secretary-treasurer.

is fun at Goodlyearl Drivelin and seei our wide selection of attractive gifts for the whole family. K you wish, you may buy on our Easy-Pay Plan . . . i red] convenience when money runs;short st this exira-special season. Come in NOWI

ii

65 models to choose from!