davidaulloa/AmericanStories huggingface dataset:
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
rBy Thomson * McKinnon.)
I'm %

The market has become rather sensa-
tienal in its recovery, moving forward
with a rapidity that was surprising TO
the markets friends as we'll as oppon-
entS.
Naturally, the individual issues that
have been oversold have been the prin'
cfpaI berefciaries in the advance.
During the early part OF the session.
there was a moderate amount OF rroht-
taking by longs. giving the market re-
dictionary appearance, but the con
tinuation of the covering movement IN
Crucible encouraged general buying
throughout the list. The buying was no
longer Of the same character that We
have been favored with during the past
few weeks.
Heretofore commission houses repre-
senting the public have been taking
stocks out of the market, while during
the last couple of days the buying had
every earmark Of Professionalism.
Fundamentally. we see no important
change in conditions General business
should show gradual improvement
thoTgb there is nothing to Justify an
immediate return to the activity that We
have been accustomed to during the last
few years ..-,., =,
We entertain & favorable opinion OF
.he market for ultimate results, put at
The present time we feel that some re-
action is in order.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
SWINE PRICES
so CENTS HIGHER
Cattle Market Slow, Steady to
Is Cents Lower.
RANGE OF HOG PRICES.

There was firm tone to the hog
market at the opening Of the local live
stock exchange today, with prices gen
orally 25c higher. The receipts for the
day was fairly heavy at close to 1SoOo
fresh nOgs and approximately LOON left
over from the Tuesday market, but this
was Offset by fairly light receipts at
Chicago and higher prices there.
Both the shippers with eastern orders
and local packers were active In the
market. A conservative estimate was
that about 5000 OF the 10000 hogs on
the market would be shipped, while
about that number would be taken by
local concerns. Kingan & Co. took close
to 1000 hogs.
Good light hogs generally sold at So. 70
61O. with no reports Of any higher sales
during the early hours .oo-a
Heavy hogs generally brought S9ZoQ
so, and mediums and mixed, 50 I5@lO.
Pigs sold at $3.50 and down and
roughs at $7.50q". 700
The bulk of sales ran $9.23glO.
Trade on the cattle market was fairly
active with close to 1900 cattle on the
market but most of the packers were
bidding Csc lower on some cattle OF All
grades, Generally, the market was slow,
steady to 25c lower. ,.
There was a steady tone to the calf
market. with prices steady and receipts
close to 800 calves. There were Few
odd sales at $3.50, with the bulk OF the
choice calves at S14G10 and the good
S13d14. Mediums generally brought $40
d12. .b,,.
Heavy and light calves were ABOUT
steady.
With close to 100 sheep and lambs on
the market prices were generally steady
with the close of the Tuesday market.
sheep generally brought Sl@3 and lambs
$5q9.
The high top of $40 on lambs paid
on the Tuesday market was due to a
fairly large number OF Western lambs.
There were no good sheep and lambs
on the market today.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
STOCK MARKET
TONE WEAK
Declines Hit Many Issues in
Initial Hour.

NEW YORK, Jan. I2.-Mixed cOndi-
lions in the stock loan market. including
the disappearance of the Premier on
CrucihIe steel and the large supply Of
Mexican Petroleum we're reflected in a
renewal Of aggressive bear operations In
the stock market at the opening today,
when room traders offered stocks at con-
ccssions and outside selling Of the same
character helped along declines IN the
first fifteen minutes of trading.
There was no Indication OF supply OF
long stocks however. at the lower Levers
esta blished. the demand continuing Goou
and the reaction was chiefly ImpOrtlnt IN
permitting continued accumulation OF
stocks by interests that have been ldenil-
fed with the upward movement since the
last week of the old year.
Crucible Steel started with a gain OF
one point to 107 and then dropped 70
1924, and Mexican Petroleum fell ~
points to 1862.
Republic Steel made an opening gain
of IL point to 70l3. which was lost IN
the next few minutes. o,,,
Baldwin sold down \ OF point TO u y,
and Bethlehem Steel lost IA points 10
59%.
Railroad stocks were without nearby
demand and also were lower.
Steel common yielded Z of a point 10
Speculative interest WAS diverted to
the railroad group during the forenoon.
those issues being I'm brisk demand at
advancing prices. 90.
and Southern Pacific was steady, both
moving up 1 point TO zoos.
Crucible Steel was under pressure. rall-
ing to 1914. -,
Baldwin, after advancing 10 VS.
dropped 10 914.
The oils were fairly well held after
early declines
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
Va " " % Nfo
IRFRTN BONDS
On Commission ROIU
ToEAY's PRICE

Apples Missouri jonatnans. per Dbl
50; fancy Illinois JOnAthans. per Dbl.
s.; extra fancy Grimes Golden. per bDi.
tGG9; extra fancy Wine S9ps. per bbi.
81; bell Flowers, per nOL, $3.50; Bald
wins. per bill, $500: SDys per b5l., So
Rome Beauty, per bbI. IS: Kinnard Red
per Dbl, Sc; King 5, per Dbl. So: Vol
Rivers. per bbl., 50, None such. per bbl.
81; Maiden Blush, per Dbl, $50; Green
ings. per Dbl. $3.50; choice Jonathans, per
Dbl. 81.
Beans-Mi Michigan Navy, In bags. per III.
4AQ5c; Colorado Pintos, In bags, pei
h., GG7c; Black Eyes, in bags. pei
ID, sGSc Red kidneys. In bags. per ID
ID, 94l0c: California Pink Chill. in bags
per ID, Tl4IISc; Yellow Eyes, per 10.
lie, dried peas, green, per ID, &c; split
yellow peas. In Glib. bags. per ID. loo
split green peas, per H. iOc; Mario"
Beets-Fancy home grown. per Blu
F B1nqnos- Extra fancy hlgh-cra
fruit 50@G0c per bunch; per To-. Sc.
bage-Fancy Northe-u, per To-. &C
CarrotS-kancy hone grown, per bu.
Ceiery-Fancy New York (2-3 crate
40 doz., $500; per crate. So fancy New
York trimmed, per bunch. 81
Cocoanuts Fancy, per doz., $1.l5; per
bag OF 100, S7.21
Cranberries-FRncy c. c. Howes. pe'
bbl., S17 so; per bu, 50.
Grapefruit--Extra fancy Florida (Blus
Goose brandt. 46s. per box, 1913; 54s,
GAS, I0s and sos. per box. SO; fancy
Florldas, Dos, Per boz. S423: 46s
$4I5Q5; 54s, 64s and 7Os. So; sos s..
Lettuce-Faucy hOtnouse 'eaf. per H..
25c; IN barrel lots, per 10. &c. fancy
California icebergs, per crate, SIS.
rauges-CaIiIor nia, all grades, S3.500
G.25.
Ontops-Fancv Indiana veIlnv or rcd
pei lo0-lb. bags $40; fancy Indiana
white. per lG0-lD bag, 81; per bu, $l.25
fancy Spanish, per crate, S2.25.
Parsey-Fdncy large Bikes. per doz,
$1.0O.
Potatoes Fancy Michigan and Wiscon-
sin round whites, per 1J0-lb. bag, $2.S5
3 or lob. bag lots, par bag, $2.75; fancy
Idaho Gems, per bag, $3.50
Standardization, large lunches, per
doz 81: Long Red, per doz., 40c.
Sweet Potatoes Fancy Eastern Jerseys
per hamper, S..
Spinach--Eancy. per large crate, 50.
Turnips-Fancy washed, per bu., $1.2J
CLIO.
Kale-Fancy, per barrel, 1928.
CauiihoweI-Faucy California per
crate, $2T5.
Oyster fIant-Fancy, per dOz.. DOC.
Leek-Fancy, per dOZ., 3Jc.
Saee-Fancy. per doz., 45c.
Rutabagas-Fancy Canadian, per 90
lbs. 81; Der 100 lbs, $1.75.
peppers-FAncy, per small basket, 75c.
Kumquats-Fancy Florida, per OF, 25c.
Tangerlnes-Extra fancy 1853 1855
boxes, $685. 1865, box. s..
Lemons-Extra fancy CALIFORNIA;, 300E
per box. $3.50.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
(By Thomson & McKinnon.)


Wheat-The British commission showed
as a liberal buyer of wheat over night
and there were also reports or oUO,OuU
bushels of rye taken for export. The
removal Of hedges by the purchases OF
probably two million bushels of March
wheat showed the probable size OF the
export trade. An advance OF cents
per bushel followed with a reactionary
close. The winter wheat country was
reported as offering wheat literally on
the advance while advices from the North
west were Of small offerings. Argentine
prices were higher because Of no gov
eminent decision about the sur-tax.
Business In Argentine wheat is almost ar
standstill until this decision Is out
wheat whatever the decision may be-
The statistical situation is still very
strong and we expect March wheat to
be purchase yet on any fairly good
recessions. The early report OF export
business in rye was an error
Corn-Receipts were again large and
weather very favorable for the movement
The selling disposition was had In char
acter, by the strength in wheat. There
was a little export business but of un-
important quantity. Adequate supplies
for any demand are assured. The mar
ket will not stand up under any weak
ness in wheat.
Oats-Oats were very quiet with hard
ly any change. One Illinois elevator con-
Germ makes statement that there are lib
eral quantities of oats in country houses
which will be moving shortly. We ex-
pect ultimately lower prices for the May.
Provisions - This market developed
strength on very light offerings and in
the face OF further weakness In hogs.
There seems no special reason for max
ing any purchases Of products just now.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
Births

Raymond and Beulah Trent, Deaconess
Hospital. boy.
Wlnifred and Mamie Yaryan, 1927 L,
Washington, girl.
Robert and Marguerite Young. Meth
odist Hospital, boy.
Fred and Helen Hobbs, Methodist Hos
Willard and Gladys Cannon, Metho-
George and elizabeth Finigcld. Meth
Odist Hospital, girl.
Clyde and Mabel Chattin, Methodist
Hospital, boy.
Walter and Margaret Sauter, 815 La
Grande, girl.
Robert and Rachel Bailey, 400 Trow-
John and Bertha Goldstein, 531 E.
Thirtieth. girl.
Paul and Hilda Burkholder. 215 E.
Eleventh, girl.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
NEW YORK Liberty BONDS.
Jan. IL
In the Cotton Market

NEW YORK. Jan. 12.-The cotton mar
ket was without much feature at the
opening To-Day.
First prices we're unchanged to s points
higher.
Liverpool. Wall street and commission
houses were the best buyers and the
South was among the leading sellers.
Cables were poor, some Of the private
messages mentioning unsatisfactory mes
sages from Manchester,
About ten notices were issued this
morning.
After the start there was an increase
Of selling pressure which forced prices
of about 1871 points under the previous
close.
New York Gotten opening: January,
16 soc; March, 1860; May, 1890; July.
SI0c; October, 1920; December, 15.ojc,
bid.
LIVERPOOL, Jan. 12.-Spot cotton was
quiet, with prices easier and sales around
1000 bales.
Good middling, 12.20d full middllngs,
11.1sd; middlings. 1920; low middlings,
s82d; good ordinary, 702d; ordinary,
6.27d. Futures were easier.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
PORTUGAL HIT
BY EMIGRATION

WASHINGTON, Jan. II. Portugal
lost thousands of skilled artisans to the
United States, both during and after ths
war, lured here by the high wages paid
skilled labor" said. Col. Thomas n.
Birch, United States minister to Portu
gal, during a visit to the White House
recently. Colonel Birch, who is making
his first visit to this country in FIVE years,
stated that the Portuguese were still
emigrating here in large numbers, al
though their own country is enjoying the
greatest period Of prosperity in its his
tory.
when left Lisbon" said Colonel
Birch, 1T could safely be said that there
was not q man in Portugal unemployed
through lack of employment. The most
efficient class Of skilled workers in Por-
tugal Is the carpenter, and those other
wise employed in the building trades,
aud this was the class that emigrated in
the largest numbers. The emigration
drted when word was received; IN PoC-
tugal from relatives in the United States
that carpenters here were receiving IS a
day. That was the same amount that
carpenters here were receiving in Port
ugal at the time, but S. III American
dollars means $50 in Portuguese cur
rency, and the rush for the golden
shores Of America began. There is no
finer artisan or worker than the Portu
guese of this class"
Colonel Birch took the waters" at
celebrated resort n northern Portugal
before coming to the United States. Dur
ing his stay at the resort he became ac-
Guainted with a member of the orchestra
of the hotel, a talented pianist, who told
the minister that he intended going to
America. While Iunching with Joseph p.
Tumulty, secretary to the President, and
Raymond T. Baker, director of the mint,
during his stay here Colonel Birch was
surprised to find his musician friend a
member of the orchestra at the Hotel
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
Deaths

Annie V. Brown. So. $40 Blake, arterlo
Daniel Parsley, So, 1896 w. Twenty
Eighth, broncho pneumonia.
Mary England, 81, 1440 Prospect,
chronic myocarditis.
Mary Elizabeth Whitecotton, SO. st.
Vincent Hospital. ctrrhosis of liver.
Dorothy Nolan, 49, Norway Sanatorium,
septic endocarditis.
Moses Allen, 49, city hospital, chronic
myocarditis.
Infant Cochran. days, city hospital,
broncho pneumonia.
Gladys Marie Alderman. !. 9S4 w,
Wyoming, broncho pneumonia.
John Clark Mills, l, Methodist Hos
pital, broncho pneumonia.
Frank White, IS. 400 Fletcher frac-
tured ckull, accidental.
Imogene Haugh, Go. GA N, Noble, ar
terio sclerosis.
Willis NJ. Lyons, 2S Hawthorne Yards,
fractured skull. accidental.
willard Joseph Deardorffs 3, 1714 Olive,
second degree burns, accidental.
Joseph Hinton, 5, city hospital general
peritonitis
bercular pneumonia.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
Hunters Kill Bear
With Pocket Knife

BANGOR, Maine. Jan. 12.--with a
small pocket knife and club apiece,
George Scoyill and Lewis Hunt Of Luboc,
who are In the lumber woods at bIarion,
killed a bear. The two men had gone
out to the camp NAL box, about two
miles distant, after dark. On their re-
turn they came face to face with the bear,
which showed a disposition to fight 1t
was pitch dark. but the men succeeded
in finding clubs by the roadside and,
with the aid of their pocket knives they
attacked the animal ON two sides at
once Their clothes were torn and they
were bleeding at the finish.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
Massachusetts, Girl
Detained in Turkey

BOSTON, Jan. PA Massachusetts,
girl is among the twenty workers of the
Near East Relief being detained in the
Black Sea port of Samsoun, Asia Minor
by Turkish Nationalists. according to
cables received at national headquarters
Of the relief organization. She is Miss
Marion Peabody of No. II Arlington road
Wellesley Hills.
Word received recently announced that
five workers, including Col. J. P. Coombs
were being held by the Turks IN SamsOun
At that time Miss Peabody was stationed
IN Sivas, Central Asia Minor.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
Fox TrOt and Shimmey
Harmful to Students

WESTON, Mass, Jan. 1.-THE fox
trot and shimmy are threatening the
health Of the students Of the public
schools in Weston, declared DIR. f. Van
Nuys, school physician, in a statement.
THAT dancing takes the place of tennis
and baseball In the winter months is
ruinous to the health of these children"
added the doctor.
"Instead of being strong and we'll as
they are in September, by the time March
comes the effects OF lack Of sleep and
OF too much dancing are very apparent
In their work and looks"
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
GRIFFITH SEES
REBORN MOVIE
AND SIS SEATS
Believes One Candle Power
Star Will Be Dimmed in
Better Films.
BIG VENTURES PAYING
BIG VENTURES PAYING
Everybody Trying
Hand orr Movie Baby

DIAMARONECK, n. Y, Jan. 12.-
The movie business may still be re-
garded as an infant industry and,
like any other popular baby, every
body is trying to have something to
do with bringing 1t up, David Wark
Griffith said today.
"Of the one hundred six million
people in the United States, 1t is safe
to say that practically all are inter-
ested in the films in some way, either
watching them, censoring them, or
trying to write or act them. And
some times it seems that the three
latter classifcations outnumber the
first"
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
INDIANAPOLIS PRODUCE.
Eggs-Fresh, loss of, DC.

Eggs-breeh, loss on Oic.
PoGltry-Fowls, 21G26c; springers. 25c !;
cocks, lie; stays, lie; old tom turkeys,
35c; young tom turkeys, II lbs and up,
4oc capons, Z lbs aud up. S5c; young
hen turkeys, lbs and up, 40c; Gull, thin
turkeys not wanted: ducks. 4 lbs and
up, 25c ducks under lbs, zoe; geese,
10 lbs and up. zoe; squads, IL lbs to doz,
81; guineas, 2-lb size. per doz, S.
Rabbits-Drawn, per dozen, 500
Butter-Buyers are paying 51M52c for
creamery butter delivered at Indianape-
lis.
Butterfat-Buyers are paying 4604Sc
Ior cream delivered at indianapolis.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
Marriage Licenses

Carl Bailey Frankfort, Ind .......... q
Josephine Thompson. Hendricks CO.. q
Vernon Tudor, Clayton, Ind.........., &C
Myrtle Ross, 400 n. Delaware St.. SO
John Hinton, 224s Yandes st......... II
Hortense Webb, 1904 Cushing St.. II
John Page, 03S S. Capitol av.......... 3G
Edna Bosserman, 4S Eastern av....... %
Albert Black, 1908 Samoa st....... %
Alfonso Mitchell, 511 Leon st......... Is
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12

Precipitation has occurred since Tues
day morning from Texas and Now Mexico
In q belt nOrtheastward across the Ohio
Valley, and rain has fallen In the North
Pacific States. In other parts of the
country the weather, as q rule, has been
fair. Temperatures are lower over most
of tho Mississippi and Ohio Valleys and
lakes region. due to the advance of the
field of high pressure from the North
west; but the disturbance noted yester-
day in Alberta is developing, and has
caused a considerable rise in temperature
from the upper Missouri Valley north
ward and westward
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
CHICAGO PRODTCE.

CHICAGO, Jan. -Butter-Creamery
extras, 491hc; creamery. first 47c; firsts.
naries. 5IMe2c: frsts, &c Cheese-Twins
2314c; young Americas, 2eAc. Live poul-
try-Fowls, 29630c; ducks, 31c geese
PC; spring chickens, 2Gc; turkeys, 42c:
ROSTERS, zoe Potatoes Receipts. 80
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
CLEVELAND PROnunE

CLEVELAND, Jan. 12.-Butter, In tub
lots. 5eAQ57c; prints. 57hQ5Sc; extra
5o@5iic; packing. 1Sai4c;; fancy fair, 90 q
@333c. Eggs-Fresh gatherer Northern
extra, f1rsts, csc; Ohio lrsts new cases),
67c; frsts (old cases., &C., Western nrsts
NEW cases., 65@66c; refrigerator extras,
Live heavy fowls, 32G33c; light stock,
25c: ROSTERS. 21c; spring ducks, 3S04Oc I;
turkeys, 45@50c; geese. 35@3Tc.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
NEW YORK CALL MONEY.

NEW YORK. Jan. u.-Money-Call
money ruled per cent; high, per cent /;
low. 6 per cent. Time rates, steady, all
IA per cent. Time mercantlle paper
ste1dv Sterling exchange was steady,
Nth business in bankers bills at S3.44%
foA demand.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
wuoLEsALE BEEF PRICES.

The following are today's wholesale
market prices, for beef cuts. as sold
by the indianapolis markets quoted by
Swift & Co..:
Ribs-No ., 35c; No. 8, DC
Loins-No. 2. Csc; No 3, zoe.
Rounds-NoA2 2, 24c; No 8, zoe.
* Chucks-No.p2. 14c; No. 3, 12c.
Plates-No. 2. 1Sc; No. B. lie.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12

TOLEDO, Jen. 12-Close Wheat
Cash, S2.O5; March, s2O2 May, 81. Corn
No 2 yellow, 78c. Oats--No. ?, 591ag
size. Rye-No. 2, $1.e3. Barley-No. 2
soc. Clover seed-Cash tl9l9, Sl2,S
cash Q02O, January and February, Sl3;
March, S1305; April S11.65. Timothy
Cash ll9is. S835; u919). S345; January,
S35l15; February and March, $500.
Alsike-Cash new, Sl0,25; (oldl, $3.50
March $3.50
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
Money and Exchange

INDIANAPOLIS bank clearings today were
S3.5T9. 600. against s3.614OOo week ago.
NEW YORK, Jan. 12.-F0reign ex-
change quotations continued firm at the
opening today.
Sterling. S375N; lire, -o353; fT&ncs'
.G616; marks. O145; Canadian dollars,
sIT5: Danish kronen, 1907.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
SHARP UPTURNS
IN GRAIN PRICES
Opening Weak, Due to Lack OF
Buying Power.

CHICAGO, Jan. 12-After a weak
opening grain quotations turned sharply
upward in trading on the Chicago Board
OF Trade today
The weak opening was due TO lack
of buying power Trade was small
Later, however, considerable buying
came from commission houses strengthen
Ing the market
Provisions we're irreGularly higher
March wheat opened off &c at $1.7S
but regained PIC before the close. May
wheat opened unchanged at SLIGO, gain
ing lie later
May corn opened at 745c, unchanged,
advancing &c subsequently. July wheat
opened Mt 75Ac, unchanged, gaining &c
before the close.
May oats opened at 1850, up Ac, los
Ing &c later. July opened unchanged
at 47Ikc. and held that figure.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-12
Gas Rate Question
Summary of the Problem

given information various
,ects of the gas situation Indianapolis
nmarze these in order bring them clearly before the
by of its byroduct coke business has
been able to meet the enormous advance in costs up to the
for every $1.OO received from gas.
present depression of general
business have changed this situation absolutely The pres
greatly the earnings for
outlook its coke and byproduct business
gives the Company prospect for earnings in 1921.
Even decline in IT, ~nduct coking industry.
investors demanding larger from an
change. At the present time the Com
nanv cannot obtain the new capital required in competition
with which appealing investors
expansion land the maintenance of the service
indianapolis requires the Company obtain $4,000
capital the next three Of which 2O000o0
should be secured Immediately.
AS as reasonably adequate earnings assured
Company proposes sell both stock bonds and to
with all diligence increase its facilities for produc
capital put business the supply
gas the community Will be endangered.
In capital stock, present
outstanding stock and the proposed new issue must be as
cept when was confidently believed that they would prove
good investment to the purchasers and it will not change
the Company would be rreparaby injured and the
City would be in than
present.
In order to sell must be
maintained Bondbuyers demand good margin of earnings
requirements Furthermore, blocks
the Companys bonds held by Institutions which would
be required by law to dump them the market (and thus
the sale of bonds) If dividends the stock
should be discontinued.
Bondbuyers corporation they
shall show earnings least twice the interest
charges outstanding
They also demand that reasonable sinking shall
be by annual out of earnings that the
Of the of the bonds the total issue shall
possih ity of reundng the remainder
present business conditions the
they forecast by the Company,
ings will sufficient these conditions
largely increased Therefore
higher gas only will 1t be impossible
existing equipment will efficient
is being more and more overtaxed.
the Company application the
Public Service Commission for temporary IN the
from 60 cents (now the lowest the world
to 80 This requested
gency relief only and is the the Company
bring the down again rapidly far shall be
with good service the community 1t believed
that denial Of the right increase
higher inevitable in the future and will
keep higher in effect indefinitely believed
that delay in increasing the will greatly lengthen
period during which the increased will be
in earnings from other business
stockholders This 1860 capital which
existing stockholders have provided and be
The rate stockholders exceed 1870 will
lowered the extent investors be
the ability Of the Company its promises Beyond
dividend all profits the betterment
of the service of the city
that the increase the in Indianapolis
viii be much advantageous the
the existing stockholders the Company;
consideration the elements in the problem
been presenting should public
the the Company early by Public
Citizens Gas Company