davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-10-28

President, General Builders Supply Corp.
Chairman, New York State Athletic Commission
Chairman, New York State Democratic Committee
81 am certain that without the use of modern,
scientific methods the SkyscraperS for which
our country is SO justly proud, would never
haze been possible. am equally convinced
that your modern use of the Ultra Violet Ray
in the Toastilg of yOtsr LUCKY STRIKE
TobaccOs ranks with the many other great
contributions to the health and comfort of
millions and that it is responsible for the sky
Scraping sales of your famous brand"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-10-28
OFF WITH CORNS
IN 3 MINUTES
Painless, Easy, No Irritation

Shur-Off, the marvellous new
corn remedy, will remove tough, old
corns ana callouses in only 3 min
utes-without soaking, without
waiting, 1t stops pain instantly.
And it positively will not harm or
irritate healthy skin.
Simple as A B G to use. Just
apply Shur-Of to the corn; keep it
wet for two minutes. Then start
peeling the corn or callous right off
root and all. Anyone can do it
easily.
Hooks Dependable Drug Stores
and all good druggists sell and
recommend Shur-Off. Get a So
cent bottle, use it tonight, and en-
joy the ease and comfort of corn
free Observation-Disclosures.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-10-28
Injured Man ASKS $500

UW ITUTFN NUFEiUL
ANDERSON, Ind, oct. &c. H.
Thurston is defendant in a suit filed
in Madison circuit court here by
Abbey Fine, Cleveland, o., the re-
suit Of an automobile accident at
Cleveland. Fine says he was struck
by trailer attached to a truck
driven by Thurston and sustained
serious injuries. He asks $500 dam
ages
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-10-28

of Charlottesville, is one Of four
American army officers assigned to
attend a cavalry school at Grud-
ziadz, Poland, where he will remain
four years taking a special course.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-10-28
Radio Contest at Lebanon

Bg Times Special
LEBANON, Ind, Oct. 23.-The
Boone county contest in the state
wide radio addition contest being
conducted by Leroy Osborne will be
held at the Colonial theater here
Thursday night
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-10-28
THE INDIANAPOLIS TIMES
HOOsier Sent to Poland

and care may be exercised in the
making of laws"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-10-28

CRAWFORDSvILLE, Ind, Oct.
28.-Captain Kent Lambert, native
The Washington times., 1930-10-23
IEADING PRODUCE MARKETS

to large size, mostly around 81; few
higher, medium $1.50@1.75; small S1.25
01.35.
Quinces-supplies light. New York
bushel baskets, No. Is. 1926 9l.6O.
VEGETABLES
Beans-Supplies moderate. Virginia,
Norfolk and Hampton Section, bushel
hampers, Bountifuls. best $500 1.65
ern Shore Virginia, bushel hampers,
Bountifuls, $1.2501.75. New Jersey
bushel hampers, Bountifuls bese $l4O %
1.50; few higher. poorer, $1@1.25
tions per bunch, 29 &c.
Brussels SprOuts--Supplies light. Long
Island, per quart, 10000; few higher
Cabbage-Four New York arrived: 81
cars on track including broken, Sup
plies moderate; demand moderate; mode s
ton, Danish type, se2@2s. Bulk per
ton, Domestic Round type. $16@1S;
mostly around SIS. New Jersey bushel
baskets. Savoy, 60@ 76c; few higher.
zCarrots-No car-lot arrivals; . cars
on track including broken. Western sup.
plies moderate; demand slow; market
dull. California, western lettuce crates,
punched. best So; few higher poorer
rs o 90c; nearby per bunch, 2W4c.
CaulifIower-Supplies moderate. Colo
rado, pony crates, $1.60@1.75. Long
Island, best $1.75@2: poorer, $3.50
$50. New York, flat crates. 75c@s1i
ceiery-No car-lot arrivals; 20 car.
on track including broken. Supplies
moderate: demand slow. market dull
New York "a crates, rough, best $1.25
q 1.4O; very few higher, poorer, 90c q
$115.
cucumbers-supplies light. Florida
bushel hampers. fancy. $2.75@3; choice
$225@25O.
Eggplants-Supplies moderate Florida
pepper crates, fancy. medium size, $2.75
as; large, .S2.25 @2.50.
reconsigned: 13 cars on track including
broken. New Jersey truck receipts
fairly liberal Western supplies moder.
ate: demand slow: market dull. Cali
fornia; nj crates; Iceberg - dozen, best
supplies fairly liberal; demand slow;
market weak. New Jersey, 2-dozen
Gratis. Big Boston, 75c@&1; few best
higher. many unsold.
Lima Beans-Supplies moderate. East
ern Shore Virginia, bu. hampers S2.75
a. few higher: fair quality $2@2.25.
New Jersey, bu. hampers, $2.5O@2.75.
Long Island. bags, approximately q
lbs, $2.6O9S, Nearby, = -bu. hampers,
Mushrooms-supplies moderate Penn
sylvania, 4-qt baskets. extra fancy. 81
@I.10.
Onions-One Indiana arrived: 90 car.
on track, including broken. Supplies
fairly liberal: demand slow: market dull.
YellOws, 59-lb. sacks u. s. Is. Indiana
and Ohio. 70c. few 75c; Michigan, mostly
75c; New York, 65@7Oc. Yellows, 1OO-Ib,
sacks. U: $; Is Massachusetts,: wasty.
81; New York, $1.2S, very few higher.
Peas-Supplies moderate. Western. bu
PsSpeTO-sGDpiSsS asasaa& SGsw JsF.
The Washington times., 1930-10-23
RECOVERY DUE
IN STOCKS

Analogy with the stock market
recession of 1920-21 indicates
that recovery of stock prices
should not be later than the
early Summer of 1881, say the
Alexander Hamilton Institutes
current Investment Bulletin. In
the postwar period business re-
adjustment Jagged behind the be-
ginning Of deflation in stock
prices and commenced to show
recovery some months before the
stock market definitely turned
upward. Since the comparison
with the postwar market is IA
vorable both with regard to
credit conditions and corporate
inventories there is at least col
orable reason to expect that the
duration Of depression win be
less rather than greater than
that Of ten years ago.
In point Of time the recession
in the market has lasted longer
than the decline after the 1903
1909 market and has equalled the
recession which started late In
1915 and ended in December Of
the following year. It is with
in two months Of equalling The
decline Of l923.1S24. Il has run
eight months less than the bear
market of 1920-1921 and :1ine
months less than the 1906 1907
market. It's duration has been
nearly a year less than that uf
the 1912-1914 market, a period
complicated by the outbreak Of
the European war.
In many external character.
istics the present market has
been materially different from
that of 1920-1921. The primary
difference has been the condition
Of the money market; q second
difference has been the material
ly better condition Of foreign
countries financially and a third
distinction has been the absence
Of over-abundant inventories on q
large scale. In its trend, how.
ever, there has been a certain
similarity. The postwar market
reached it's high point in. the fall
Of 1919. Prices recovered some
what during the winter Of 1920.
Then the downward trend was
resumed, with a climax in the
fall Of the year, after which
prices remained dormant at
around 1920 lows for the first
half of 1921.
The present market resembles
the postwar decline more than
any Of the minor bear markets,
says the institute. In addition
to the differences noted above,
which make a favorable com
parisoh with the former period,
the time element enters with re-
gard to the business trend. Last
year stock prices crumbled almost
concurrently with the appearance
of indications of a decline in
business. In 1919-1920 business
continued active at a high level
for more than six months after
the peak Of prices in the stock
market had been reached,
The Washington times., 1930-10-23
ST OCK ADVANCE
IS SLOW
By W. S. COUSINS

NEW YORK, Oct. % Q.N s..
The best grade industrial stocks
and utilities moved into a slightly
higher level of prices today in
one of the dullest first-hours in
two weeks. With selling pressure
lifted from the industrial blue
chips, prices recovered but there
was not sufficient buying demand
to cause any spectacular advances
in any section Of the list.
American Can sold above 115
for q gain Of 8 points, U. S. Steel
at lat was up 2 points for the
period and 4 points above yester-
days low price. Consolidated Gas
was up about 2 points and Cen
eral Electric /.
A. 3.point break in Allegheny
Corporation, the Van Sweringen
railroad holding company. unset
tied the rails and brought in an
other flood of liquidation in other
sections of the list. The rally
which appeared in the making in
the first hour flattened out as sell
ing orders drifted in. Dupont was
under pressure on its compare
lively poor .third-uuarter earnings
statement and dropped nearly 2
points to 90Ka.
Trading on the big board was in
unusually small volume, encourag-
ing the hope that the sea of
liquidation which has been delug-
ing the market may finally have
dried up. Cotton's new rise of
nearly a dollar a bale was che fea-
ture of the commodity markets.
Wheat lost about a cent a bushel.
Call money was in supply at 2
per cent.
The Washington times., 1930-10-23
BUILDERS BUSY
DURING 1929

Despite business depression the
total Of work done by contractors
of the District of Columbia for
1929 exceeded 100000, 900 it was
revealed today by the preliminary
report of the Bureau Of Census
of the Department of Commerce.
OF the work done by the 227
firms in the District, $45, ACT 900
was done direct for owners by
general contractors and operative
builders.
Construction work amounting to
actual value of $57,00O.000 was
carried on in the District alone
last year, including Federal gov
ernment projects amounting to
SIS. .000, 900, Of which a little more
than $6,000,000 was done by local
firms. The larger figures repre-
sent work done by the District
firms and is not limited to work
done in the city proper.
Subcontract work let by gen.
eral building contractors amount
ed to $16,287. 900, and the reports
show that these suhcontractors in
turn Subcontracted much Of this
work.
The total value of subcontract
work performed by local subcon-
tractors was SIS, 5,l75,000, distribu-
ted among the various trade
groups as follows: Plumbing, 21.4
per cent; masonry and stone
work, TIA per cent; concrete
work, 16.5 per cent; electrical and
elevator construction, 1873 per
cent; marble and tiling. lis per
cent: painting, decorating and
plaStering, So per cent.
The Washington times., 1930-10-23
Pure Oil Co. Passes
Common Dividend

Pure Oil Co. directors have
omitted the dividend Of STA cents
a share on the common stock
due at this time. The regular pre-
ferred dividends were declared,
however.
The company issued the follow
ing statement:
I'm view Of the general state
Of industry and the above con-
sideratiOns, it was felt that it
was prudent to conserve the
resources of the company until
it was in a position to take ad-
vantage Of the add production
and pipe line facilities and until
conditions in the industry inn
prove"
The Washington times., 1930-10-23
CHICAGO GRAIN FUTURES

CHICAGO, Oct. % UN.S0-
Grains closed higher yesterday led
by corn. Wheat was up u to
115c: corn, 13s to 2H4c, and oats,
y to Nsc. Rye finished 1s to
1Ac higher.
Wheat acted nervous during the
forenoon. The market started Va
to l2c lower with selling on weak.
ness in stocks and reaction in
Liverpool. On the decline sup
port was slightly better and prices
rallied back to around the previ-
Gus finish. Firmness in corn fig
ured in the rally.
Liverpool was "a to Id lower
owing to pressure of Russian
wheat and offers Of old crop plate
wheat with little demand. Light
scattered rains were reported over
the Southwest.
The Washington times., 1930-10-23

sey bu; hampers, 75c@S1. Nearby.
y blu: hampers, best. 4O05Oc; poorer,
Potatoes-Two Maine, 1 New York ar
rived; 80 cars on track. including
broken. Receipts equivalent to i car
Eastern Shore Maryland by boat: West
ern Maryland and Pennsylvania truck
receipts moderate. Supplies moderate;
demand moderate: market about steady.
Maine, 100-lb. sacks, Mountains, U. S.
Is, $2@2.1O, mostly around 50. New
York, few sales, 100-Ib. sacks. Round
$2.75. Western Maryland and pennsyl-
vania, 100-lb. sacks, Round Whites, u,
3; S,s Is; n.76@1.SO; showing blight. $3.50
Spinach-supplies moderate. New Jer-
sey;, bu. baskets. best, $4,000. few
higher; poorer, 65075c.
sweet Potatoes-N0 car-lot arrivals; 1
broken car on track. Receipts equivalent
to car Eastern shore Virginia by boat :
North Carolina and Eastern Shore Mary
land boat receipts light: Eastern Shore
MARYLAND and Virginia truck receipts
ilgn6i sgnni,an nearby truck receipts moderate.
market about steady. Eastern Shore
Virginia, bbls.. Yellows, u. s. Is, $2.75,
I'VE high as So: ungraded. S2@2.5O.
YelIows, U; s. Is, $1:1O@1.15. few S1.25:
ungraded. S5c Q$1. Nearby. n -bu ham
pers, Yellows, 5O@65c. North Carolina,
bu. baskets Porto Ricans, U. S. is.
1AO5tly SOCs
Tomatoes - Supplies moderate. Cali.
fornia, lugs, $1.S0@175. Nearby. y -bu.
hampers. best, S0@s5c. few higher ;
poorer. sS@5oc. Gamers stock, per bu.'
Turnips-suppleis light. New Jersey,
bu. hampers aOc4S1, few higher.
Nearby, h-bu. hampers, SOC 65c.
EGGS
On the Baltimore butter and egg ex-
change there were no offerings Street
sales market steady. Small lois. nearby
current receipts. candGed, SO 3Sc: hem
merry whites. large size. 40 046c pullets,
as To size. 30m3Sc
Receipts-Butter $50 tubs; eggs. 1859
cases.
LIVE POULTRY
Chickens-YOung colored. as to size
goo 24c; young Leghorns. as to size, l9
q ale; old and heavy. 22@23c; old and
medium, 10000; old Leghorns and other
light stock, 13@15c: old roosters, 14615c
Ducks--Young White Pekins, i lbs, and
over, ITO 1Sc; young Muscovy lbs. and
over. $50 20c; young Puddle, 4 lbs. and
over, 16@1Sc; old, all kinds. 14@I6c,
Guineas-Young. lbs. and over. Csc
each: smaller. 35@5Oc. 'O
Turkeys - Young, s lbs. and over,
25 a 30c
The Washington times., 1930-10-23
Mart Rallies Technical;
Caution Is AdUised

lation (or any stocks held thai
are weak and doubtful should bt
protected by stop loss orders.
In general, the bull points
now are as follows:
supply pressure has been
reduced. Liquidation is orderly.
The technical position seems
stronger.
"A large majority of stocks
advanced on Monday. The re-
cOvery was broad.
st seems to be difficult to
borrow stocks for short selling,
which tends to cause covering.
MANY stocks now show
yields sufficiently above the
cost of carrying them or above
bond yields, to be attractive to
investors.
The Bearish Points
The BEAR POINTS" are Al
follows:
demand for stocks is
small.
2-VoIume Of trading falls
off on rallies.
3-Dividends are uncertain in
so many cases that the yield
argument Is not very effective.
4-The bond market continues
rather weak, indicating q hest.
tant investment demand.
5-Bank loans ON securities
have been reduced but . little.
and continue to indicate too
much nOn-Iiquid bank credit.
ut is doubtful If sharp reduc.
ton in brokers loans" in q
bear market are q favorable
speculative indication, as they
show decreased interest ON the
long side or short covering, or
bOth.)
It seems wise to retain an ex
tremely cautious attitude TOWARD
the stock market. Rallies will b.
merely technical affairs which vii
not last very long. The market
may be getting near bottom, bu
there is as yet nothing to start il
toward the top.
The Washington times., 1930-10-23
LOCAL PRODUCE

Rutter-ope-pound prints 4SQ44c;
EgEs-Hennery. 4Oc; current receipts
30@32c. ,,nr ann
Poultry. allve-Turkeys; young; SUW wv
large. Ssn St ssc; small. 1s@22c: LeEhGrns,
1900 fowls, large. 22 Q2Sc; Leg &e
horn fowls. lac: ROSTERS, e d4g lSe:
ducks, 15c; keats. large, oOW 1svc'
ssS % Zoe: s old, s3935e; spring chickens
large, s5@3Oe; medium. 26@ SGc: small
a5S8Gc: Leghorns, 25c; fowls, Ia lsrge, e
% s@SOc; medium ana small: small: SS@ &c:
LeEhoHR fowls, 24026c; DUCKS. Z"W@oS
-oosters, 10000. saoo
Meats-Fresh killed: Beef. 1SpZSe;
cal, 1S@2Sc; lamb. 20 @23c: pork l9inS' Sin.
2Sc; fresh hams, 24c; iresh snouluesiI .heni-
der.. 1Sc; bacon. 27c. Lard. in bulk
I@c: in packages 151ac; 90
Iiuestock-CalVes, $12: lambs 80.
The Washington times., 1930-10-23

The current depression viii
probably go down in history as q
very unusual period of readjust-
ment- primarily because Of the ex-
istence Of q determined effort to
avoid the working out Of economic
laws, declares Gage p. Wright,
New York business and investment
counselor.
In the current issue Of the Busi-
ness Economic Digest, he says that
it Is ENCOURAGING to note that the
recent drastic decline In stock
prices has not been reflected in
business conditions. Their Con-
solidated Index of business activ.
ity shows that the course of bust
ness continues to hold near the
levels prevailing during the last
two months. Mr.. Wright states,
in part:
"A more confident tone is now
diScernible In the reports Of the
various analysis. The unprece-
dented trend Of events through
out the year has probably tended
to make authorities somewhat
more cautious in their predic-
tFOns, II must be admitted that
very Unusual circumstances have
attended practically every phase
Of the current period Of read
justment. Consequently, the
current depression win probably
ern Inyuyvn sVn kaSmknvVy q n n VymvNy Vurn
usual period Of readjustment-
primarily because Of the exist
ence Of o determined effort to
avoid the working out Of econ
Onnic laws.
aside from the drought, pO-
liticaI revolutions, and many
other unpredictable factors, the
outstanding features Of the cur
rent readjustment period have
The Washington times., 1930-10-23
Economist Sees Brighter
Outlook for Trade

been the sincere efforts ON the
part Of leading industriaIists
actually to increase expendi-
lures during the early stages,
rather than inaugurate . motley
Of retrenchment; also, the deter
mined effort to maintain wage
scales I'm the sincere belief that
considerable adversity might be
avoided by the maintenance Of
high wages, thereby continuing
the high standard Of living
previously established.
There can be no question but
that such experiments are most
cOmmendable, but, however
sound from the theoretical point
Of view, the practical effects
seem open to question. II may
SOundly be argued that, although
wage scales have been main
tanned to an unusual extent, on
the whole, Iay-offs and parttime
work have resulted In q definite
wage reduction. II is Stil too
early satisfactorily to determine
whether or not the aggressive
policies inaugurated by certain
corporations in the early stage
Of this readjustnnent win prove
to have been more prOfitabIe
than IL such . course had been
pursued after the normal read
justment had taken place. Very
likely, when we are able to view
the current year In retrOSpect,
we shall find that, for the most
part, the unusually determined
efforts to avoid depression win
prove only to have prolonged
the normal working Of economic
law. And we may expect Q
more vigorous effort earlier I'm
the next cycle toward the exer.
ciSing Of prevention"
The Washington times., 1930-10-23
By LEWIS HANEY

Director Nel0 York University
Bureau of Business Research
and Former Economist OF
Federal Trade Commission
The stock market showed a
little rally on Monday. Stocks
opened with a gain, and added
to it during the day. There was
some evidence of demand Cor Sc
lected stocks.
It seemed to me, however, that
there was more evidence that sell
ing pressure had been temporarily
reduced than that buying had
picked up. The decline in trad
ing volume on the rise in prices
certainly suggested such a con-
dition.
Gradual Recovery
It is not a particularly favor
able indication to have the mar
ket open at q considerably higher
level than it closed the day be-
fore, or to have it run up harply.
The best and most significant sort
Of a recovery is one that comes
gradually and is small id amount.
Sharp and jerky jumps are apt
to indicate temporary technical
rallies rather than fundamental
improvement in investment de-
mand.
Therefore my advice to be very
slow to buy on such rally still
holds, and I would be inclined
to place stop loss orders rather
close to the market.
In general, it is foolish to use
stop loss orders while the broad
trend Of the market is downward.
In a bear market one should buy
or hold only stocks that are sound
and cheap enough to warrant
holding regardless of market fluc-
tuationS.
When one buys for real invest
ment, one does, not worry about
declines. But on rallies in a bear
market, any purchase for Specu-
The Washington times., 1930-10-23
BALTIMORE PRODUCE
FRUIT


Apples-Four washington arrived rived u J,
Peconsigned; IA cars on track iacludlng 9
broken. western Maryland, Pennsyt-
vanfs and Virginia truck receipts
moderate. Supplies fairly liberal; de; dss;
S.sst. %.Rs slow westarn maFfa; Maryiand pann:yi:
ur. crimes, staymans, $3.50 OLE
Jonathans. s1.40@1:65. U. s; Is. "a
mostly around Sf25. Various Early
TaIl Varieties unclassitied, "a inches
up, 7Sc0$1. New. York Utillty "a
inches up, Hubbardstons. Twenty ",
Kings. S1.1O@1.15. Utility "a e Incnes
uu Hubbardstons. 9Oc. Boxes: wash
inEton. Jonathans. fancy, medium TO
= large size S1.7O91.75; Grimes Comnl-
nation Fancy and Extra Fancy meolum
TO large size, mostly 81
cranberries-supplies light. Massa-
chusetts. 4 4-barrel boxes, best $3.50
sac: poorer. $2.75@3.
Damsons-Supplies moderate. New
York, bushel baskets, $l.9OQ2; h-bushel
0aaFsiS Grspes%EIeven 2GSSSi California arrived
Western reconsigned; So cars on
track including broken. Eastern. cars
on track including broken. Supplies
strong. New York, 12-quart baskets,
Concords y. s. Is, 6O@65c: 2-quart
baskets, ConcOrds. U. s. Is, 15@l7c..
Grapefruit-Supplies moderate. Florida
boxes, U S. Is. as TO size $2.T54S.25:
few higher.
Honey Dews-Sunples moderate. CalI-
fornia, standard crates. all sizes. hest
sf.EO@1.75: few $962.25 poorer, 81 a
2.GA. Colorado $l.25615O.
Oranges--Florida supplies moderate,
Boxes u. 5. Is. as to size. $4.5O@5.75:
few higher.
Pears-One Washington arrived; 1 re-
consigned; 81 Gags on track including
broken Eastern supplies moderate: de-
mand limited: market dull. New York,
bushOl baskets Bartletts, U. S. IL, Z
inches minimum. mostly around, S1.TS;
few higher; secksls, No. L. medium
The Washington times., 1930-10-23
Big Banking Merger .
Made in Cincinnati

CINCINNATI, Oct. 23.-The
Provident Savings Bank & Trust
Co., has acquired the Bank of
Commerce Trust Co., effecting O.
merged bank with resources Of
approximately $43, ,O00,00
Under the agreement stock
holders of the Bank of Commerce
will have right to buy one share
of Provident stock at $50 a share
to be purchased from liquidation
funds pro-rated to commerce
stock. Commerce stockholders
will be limited in their purchase
from these funds of Provident
stock to not more than three
shares Of Provident stock at $40
par value for each 500 par value
Commerce stock.
The Washington times., 1930-10-23
PRODUCE SHIPMENTS

Car-lot shipments reported for the en-
tire United States for Tuesday.
ApplaS-Idahn. 1873: Maryland. es. Nov,
York. 119: Oregon. 60: Pennsylvania. 40.
Washington, SOS: others. 36G. Total
1.243.
cabbaEe-ColOrado. IA; New York. l01
Virginia. 4; Wisconsin, 20; others, 5.
Total 144.
.Grapes-California. 1910; New York,
20; Pennsylvania, l. Total, I.2sI
0nions-Indiana. 40; Iowa, IS: Michi-
gan. 2S; New York. 3s: Ohio. I: others,
80. Totla, 172.