davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-03-12
Talking
IT OVER
by JOE WILLIAMS.

NEW YORK. March i2.-The
1 Y ivory market is another market
that is hard to figure. You can
never tell from one spring to an
other what price the current ivory
yield will bring. There is seldom
anything steady or uniform about
1t. New highs and new lows come
together.
Baseball, like literature and flag pole
sitting. has fixed standard by which
individual values can be judged. An or
binary inheIdsr on the high priced
Yankee team, for example, will pull down
as much II not more than a STAR player
IN corresponding position with one Of the
less prosperous OUTFITS.
n
No very deep affection exists between
the demon athlete and the club owner. For
tnat matter 1T may not be altogether true
snat tns grimy toilers IN the on fields bend
knee AZ twilight and nlurmur. God
Bless John D."
A t the moment the Giants face
L n another holdout problem, and
already interesting and hilarious
complications have set in. To be-
gin with, Bill Terry, vino was prac-
tically the whole Giant team last
season, demanded $4,000 and a
three-year contract.
That was a lot Of money-mucb more
than any first baseman had ever been paid
before. Terry had been a standout ball
player the year before. Among other things
he had led the National League In hitting
with a mark Of .4OI. The boys in the
press box wrote that he ranked right along
with Hal Chase and George sisler. Plain
". Terry was somebody. A lot Of people
even agreed he was worth what he asked.
Then quite without warning. Terry an
nounced that he had cut. his terms In
accept one year at s25. 600 This was a
definite sign Of weakening. BY his own
sqn MS Terry h nod oyerTated his value
~ inc ''1i' 0s s''OOS ana Two years
This being so It wasn't surprising when
Charles Stoneham. the Giants owner, took
The d stand that Terry would either sign for
ofered-or take the consequences.
n n
VOU see Stoneham reasoned that
Il If Terry had overestimated his
worth at $50, 900 it was quite possible
that he had made similar ex-
aggeration at 5000. Well so much
for that. 1t is Stonehams dough
and If he does not want to pay
Memphis Bill more than $4,000 that
is his business. However, his added
comment that no other team in the
league would take the young gent If
offered in trade with $4,000 salary
tag futtering from his noble soup
bone is a bit silly, not to say I'M
called for and unbecoming.
=
Since when has StOneham become the
spokesman for the seven other clubs in
the league? And what makes him think
Judge McKeever over In F1atbush. william
WrigIey In Chicago or Barney Dreyfuss In
Pittsburgh would not give plenty to land
a man who is not only 400 hitter. but
the best first baseman in baseball?
q u
Stoneham states further that he will not
hesitate second to trade Terry. In very
HornsbY to the Braves and Grimes to the
Pirates. On both occasions he failed to
win CHAMPIONSHIPS he might have won.
q q
have a notion that If he trades Terry,
who Is the only box office draw the
Giants team, he will also automatically
trade what is left of his dwindlinR pa
tronaRe cross the river 20 the Yankees.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-03-12
su United Press

By United Press
XNTINTERHAVEN, Fla, March
w 12.-Manager Wilbert Rob-
inson brought his Brooklyn Robins
here today for an exhibition game
with the Philadelphia Phillies. The
Robins boast three consecutive vic
tories over Cincinnati and Boston,
while today's game is the first of
the season for the PhilS. Manager
Shotton still is uncertain regarding
his lineup, with Lee and Roster en-
gagged in hot battle for the center
field post and Buzz Artlett threa-
tening to displace Hurst at first.
=
TAMPA, Fla, March 12.-The Cincin
natl Reds returned to their training camp
today. well satisfied with the showing made
in Wednesdays 6 to S defeat by Brooklyn
at Clearwater. Manager HOwley praised
the teams attack and the tight defense
which held Brooklyn to a single run until
John Ogden. doing his first pitching of the
year. blew un in the eighth. Carroll and
Frey pitched well and looked ready for the
opening of the season.
y
ST. PETERSBURG, Fla, March
12.-Joe Sewell, former Cleveland
star, is making a strong bid for a
regular birth at third base with the
New York Yankees. Sewen starred
in Wednesdays II to victory over
the Boston Braves and threatens to
send Lazzeri back to second base,
with Chapman losing out as a
regular.
ST. PETERSBURG, Fla, March IA
OuthelderS Berger and Schulmerich were
out OF the Braves lineup with colds as
Cardinals today Manager McKechnie was
pleased with Willie Sherders. fine pitch
ing in Wednesdays loss to the Yankees,
but the other pitchers need considerable
more seasoning.
FIT. MYERS. Fla. March I2.-RommeI
Walberg and Mahaffey. three of the pitch
ers Connie Mack is counting upon as regu-
lars, are rounding into shape fast and
soon will be ready to pitch an entire game.
The three twirlers worked in Wednesdays
practice game and held the rockies to a
single run. Jimmy Foxx led the attack
which gave the regulars a to L victory.
INVEST PALM BEACH Fla.
w March 12.-Good weather is
predicted for the balance of the St.
Louis Browns stay here and Man
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-03-12
Four Golfers
Even In Long
Title Battle
BIZ Tim s Special

By Times Special
MIAMI, Fla, March 12.-Aftel
playing forty holes to no decision
Wednesday, Mile MacFarlane and
Witty Cox set out on another
eighteen-hole battle with Gene Sar-
azen and Johnny Farrell for the tor
prize in the $1,000 international
four-ball golf tourney,
Twice during Wednesdays play
Sarazen and Farrell led by two
holes, but their rivals squared the
match. Goth evened the count on
the thirty-five and they halved the
last five holes. They also were al;
even at the eighteenth hole.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-03-12

"Stoneham may be stubborn, but
am just as stubborn as he is.
Baseball writer's, say my t<ading
price is s150,000 now. Do you think
the Giants would want to discard
a piece of material worth that much
for $4,000. I don't ard I intend to
stand by what I believe to be the
right price for a season of playing.
Terry reiterated his belief that
every ball player should have a
trade to fall back on when i'll winds
blow.
With Terry it is the oil business.
He is 80, despite his youthfulress
is considered a veteran in that trade
having been employed by the same
company for IL years.
Terry has been conditioning him
self here and said he would be ready
to play first base the minute the
giants consented to his salary de-
mands.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-03-12
Bauer Named
Londos' Foe

Hans Bauer, veteran German
heavyweight, has signed to meet Jim
Londos, Philadelphia Greek, one of
the leading claimants to the heavy
weight wrestling championship, in
the feature event of next Tuesday
nights wrestling program at Cadle
Tabernacle.
In recent bouts in the east and
midwest Londos has drawn record
crowds. A complete mat card will
support the main event. Promoter
Jimmie McLemore announced that
Frank Buchanan would handle the
main event Tickets are on sale at
EN- Roe Sporting Goods store.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-03-12

Manager Corriden ordered few
Of the pitchers TO curve the ball
during batting drill. The new style
ball was tried out and the hurlers
said they believed it would help
them. 1t still has the old rabbit"
In it, however, and sails over the
fence when the big fellows meet
it with solid swipe.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-03-12
PURDUE TEAM OUT

LAFAYETTE, Ind, March H.
Two cases of smallpox among men,
bers of the Purdue university track
squad have caused the school to
cancel its entries in the Illinois
relays at Champaign this weekend,
it has been announced by N. A.
Kellogg, director of athletics.
Carroll Odom, sprinter, and Vic
tor Finn, half miller, are Ill with
smallpox.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-03-12
BATTING SCORES K. 0.

Dutch Battling knocked out Tom
my Merritt in the second round of
the scheduled eight-round main
event at Tomlinson Wednesday
night. Other results:
Chick Galloway defeated Jackie Coogan
in six rounds; Joe Moore knocked out Paul
CORTLAND in the. fourth round; Rough
House Gregory defeated Larry Dickerson
Walter Shell defeated Ray Bredell; Holly
wood Flash and Reddy Black drew in
three rounds: Bob White and Jack Wat
son went three rounds to a draw; Charlie
Hammer won from Bud Wiley and Joe
Hill from Young Burl
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-03-12
Phoenix Boxer
Dies in Ring
By United Press

bJ UnlIed Press
PRESCOTT, Ariz, March r.
While his wife looked on, from a
ring side seat, Sam Terrin, middle
weight boxer of Phoenix, was killed
during the third round of a sched-
uled ten-round fight here Wednes-
day night with John Henry, Phoenix
Negro.
Henry was taken into technical
custody pending the verdict of a
coroner'S jury. In the third round
Henry knocked Terrin to the floor
with a left to the heart and a right
to the jaw. Terrin died few min
uteS later
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-03-12
HOOsier Five
EvenS Series
BIZ United Press

BROOKLYN, March H. The
sixth game of the American Basket
ball League championship will be
played here Sunday, it was an
nounced today. The contestants are
FIT. Wayne Ind) Hoosiers and
Brooklyn ViSitationS. Each team
has won two games of the seven
game series, and the fifth game will
be played at Ft. Wayne tonight.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-03-12
GAGE GAME POSTPONED

The scheduled cage game between
Park school and Woodford of YER
sailles, KY, at Park gym Friday
night, has been postponed, accord
ing to Coach Lou Reichel, and may
be Played March 20, if that date is
cc9pted by Woodford.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-03-12
HUGHES. cox WIN

TERRE HAUTE, Ind, March IL.
FRANKIE Hughes, Kenosha, Wis,
welterweight, shaded Billy Rose of
Cincinnati in eight rounds here
Wednesday. Tracy Cox, Indian
apolis featherweight, knocked out
Earl Baker of Cincinnati in the
second.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-03-12
SHEA SCORES X. o.

BIZ United Press
DAYTON, O., March 12.-Eddie
Shea, Chicago featherweight,
knocked cut Manuel Castro, Gin
cinnati, in the seventh round here
Wednesday.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-03-12
OFFERED GRID POST
By United Press

I Z
CARLISLE, Pa, March ~
Joseph H. Mccormick, former Yale
tackle, has been offered a position
as head football coach at Dickinson
college.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-03-12
BASKET MEET OPENS

Play for the fifth annual Boy
Scout basketball championship will
open tonight at the Indiana State
School for the Deaf. Four games.
two in the senior and two in the
junior division, are on the card as
foJIou-cs
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-03-12
Two HOOsiers
Cop Amateur
Ring Crowns
By United Press

By United Press
CHICAGO, March ia new
worlds record for attendance at
an indoor boxing show was claimed
today by Chicago Stadium after
$4,000 fans packed themselves into
the building to see eight amateurs
win the right to represent Chicago
in inter-city bouts with New York
team on March 80.
The eight Chicago Golden Gloves
champions this year will win, addi-
tional distinction when on May IL
they meet a team of amateur
champions from France. The eight
champions who will fight New
York's champions in Madison
Square Garden March 30 are.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-03-12

WEDNESDAYS EXHIBITION RESULTS
New York a.. II; Boston, .(N. g..
New York (N). IA: U. of Texas, 4.
Cleveland (Al. 10: New Orleans. 5.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-03-12

A t the moment the Giants face
L n another holdout problem, and
already interesting and hilarious
complications have set in. To be-
gin with, Bill Terry, vino was prac-
tically the whole Giant team last
season, demanded $4,000 and
three-year contract.
The Washington times., 1931-05-29
j. s. GOLD
CAUSES HURT
ABROAD
Ready for Investment When
Depression Ends and Little
Needed Now, Say Experts
By ROBERT S. THORNBURGH

By ROBERT S. THORNBURGH
Controverting the theory that
rapid accumulation of monetary
gold in the United States will
prove economically harmful to
foreign countries, it was pointed
out by some Government ex-
perts today that when gold is
really needed abroad conditions
will be such as to bring about
an increase in foreign invest
ments by this country.
Federal Reserve figures for the
week ending May 81 showed total
monetary stocks in the United
States of $4,795, 900, 900, by far
the greatest on record and an
increase of $4,000, 900 in the
week and $279, 200, 900 for the
year.
Demand Limited
The loss of gold from the
stocks of countries abroad limits
the supply for currency and cur
rency backing purposes. This
would handicap these countries
were it not for the fact there
is no demand for currency in
circulation during the general
economic depression, somewhat
similar situation to that which
exists in the United States.
When there comes an addi-
tional demand for ency
abroad-an eventuality that will
accompany the revival in busi-
ness-foreign loans by the United
States will be stimulated, it was
pointed out, a factor which would
have a tendency to cause gold
exports.
$1O,OOO,OOO From Argentina
There has been little or no
gold reaching the United States
from Europe since the New York
Reserve Bank reduced its bill and
rediScount rates to new low
levels and checked an inflow
from France some weeks ago.
For the period from May 4
to % the largest item of import
was $10.000,000 from Argentina.
There have been some other
movements to this country from
Latin America and the Far East.
The Washington times., 1931-05-29
ACTIVE MARKET
.T|[TS.COTTON

NEW YORK. May 90 G.N.S0.
The New York cotton market
was active during the forenoon
trading today with prices about
IS cents a bale higher on the
average at the MONDAY period.
Heavy buying came from the
shorts, Liverpool and the trade.
Japanese interests were good buy
ers of July and December, while
cooperative brokers bought dis
tant months. Spot houses and
the South supplies the bulk of
the contracts. Commission hous es
liquidated near months and pro-
feSSionalS sold the distant months.
At midday July sold at 8.71, up
IL; October at 9.03, up IL: De
cember at 9.25, up 13: January
at 9.38, up Is, and March at 9.58,
up 13. James Bennett and Com
pany estimated the cotton acre
age decrease at 1l.9 per cent and
condition 67.3, as compared with
68.7 last year and 69.7 in 1929.
The crop average, the report
stated, is about two weeks late
and insects are numerous in
south Texas.
The Washington times., 1931-05-29
CHICAGO LIVESTOCK

CHICAGO. May % GN.S0.
Hogs-1s,0OO; 1O@15c higher;
top, $50; bulk, 4.7S@6.2S; heavy,
5.50@6.10; m dunn, S.90@6.25:
light, 6.1O@6.30; light lights, 6.1o
@6.3O; packing sows, 4.45@5.10;
pigs, 5.75@6.2O. Holdovers, 1000.
Cattle-2,OOO; steady. Calves,
1000: steady. Beef steers, good
and choice, 6.50@7.75; common
and medium, 5.OO@6.25; year.
lings, 5.OO@6.75. Butcher cattle,
heiferS, 4.50@7.25; COWS, $500
500; bulls, 3.00@5.O0; calves,
100000; feeder steers, 1850
TOO; stocker steers, 4.75@7.00;
stocker cows and heifers, $500
$50.
sheep-1o,oOo: steady. Lambs,
8.00@8.50: common, 6.OO@7.50;
spring, 8.00@lO.5O: feeder, 5000
700; Clipped S.OO@S.5O; ewes,
1.O0@2.75.
The Washington times., 1931-05-29
CAROUTPUTCUT
THIRD IN 1880

World production of automo-
'biles in 1880 totaled 4,109,231, a
decrease OF 1882 units. or 34.6
per cent from the record output
OF 6,277.4 in 1929, according
10 the Department of Commerce
automotive division.
Output of commercial vehicles
In 1880 decreased to 737,346 from
980,741 in 1929, "a drop of 24.8
per cent. PaSSenger-car produc-
ton decreased to 1871, ,885 from
5,296,710, decline of 36.3 per
cent.
Every leading automobile manu-
featuring nation, with one excep-
ton, registered declines in produc-
tion during 1880 as compared
with 1929. Combined United
StateS-Canadian output dropped
80 per cent; Germany showed a
decrease of IL per cent; France,
10.5 per cent, and Italy, 80 per
cent. Production in England in
creased OF per cent.
Although American production
decreased 81 per cent in 1890
from 1929, factories in the United
States manufactured more than
il times as many vehicles as were
produced in England. which
ranked second as a manufacturing
country.
The Washington times., 1931-05-29

this statement to International
News Service today in an inter
view in which he discussed the
worldwide depression. OF the
business outlook he said:
Not Rosy, But Encouraging
81 see encouraging signs, but
I don't want to paint too rosy
a picture.
There are many causes for
, the worldwide depression. Some
Of the causes are trivial, others
are important, but. none of them
is serious enough to prevent a
recovery Of business to a sound
basis"
Mr.. Hurley explained that the
American Manufacturers Export
Association is comprised of 1000
of the leading exporters of Amer
lea who ship so per cent of all
of this country's manufactured
exports into the markets Of the
world. He said that the reports
of these manufacturers this week,
as regards the prospects of in
creased business, was most en-
couraging."
DR.. Klein Defends Tariff
DR.. Julius Klein, assistant sec.
retary of Commerce, told the
convention today that while cur
rent export figures are distress
ing" there is no ground for the
assumption that this situation is
likely to be permanent. He
added:
'ThiS is not the first crisis
and probably not the last in
the history of American trade"
DR.. Klein asserted that "our
professional walters" must shift
their grief to other factors than
the high wage rate as a possible
obstacle to Americas export re-
covery. He characterized as a
"bugaboo," the claims that our
exports are being destroyed be-
cause of the tariff law, which has
been under fire from several
sources during the convention.
The Washington times., 1931-05-29
I'd. c. UTILITIES
SHOW DROP IN
NET INCOME
Statements Filed BY Pepco
and W. R. and E. Co. With
Public Utility Commission

Statements on file today with
the Public Utilities Commission
show revenues of the Washington
Railway and Electric Company
and the Potomac Electric Power
Company.
Operating revenues of the Wash
ington Railway and Electric Com
pany were $472, ,906.12, compared
with $472,414.57 in April, 1880;
operating expenses were $376,-
673.37 in comparison with $751;
S19.65 a year ago, leaving total op-
Grating income of $96,032.75, COM
pared with $91 ,094.92 in the same
period last year.
Off for Four Months
For the first four months of the
present year operating revenues
were $1,842,135.59, against $780,
829 40 in the same period a year
ago. Operating expenses and
taxes required $1,515,286.20, COM
pared with $1,528,707.57, leaving
an operating income of 1885,
$40 SO, in comparison with $341,-
a21 .83 in the like period last year.
The Potomac Electric Power
Company reported operating reve-
nueS as 1881, ,413.48, compared with
$3.50, ,707 80 in April last year, an
increase of $3O,707.58. Revenue
deductions took $455,811.91,
against $420,812.66, or $34. .999 .25
heavier than a year ago.
Net operating revenues for the
month were off $4,291.67. other
usual deductions making the net
for the month lower as noted
above.
Decrease in Net
Figures for the first four
months showed operating reve-
nues of $3,644,631 .09, to be COM
pared with $3,601. 1895 in the
same period last year. Operat-
ing revenue deductions required
81, 1866, ,969.19, against 81, 1,743 ,282 rs,
an increase of $123, 1864.
These deductions left net oper-
Ating revenues totaling $1,777,-
SOL go in comparison with $685.
d50.71, or q decrease of $50, ,488.87.
The Washington times., 1931-05-29
ON CURB
is HIGHER

NEW YORK May 29 Q.N.SO. .
The Curb market failed to dis
tinguish itself in typically dull
pre.holiday trading today, for, al
though the general trend was to-
ward higher levels, the list as a
whole continued to display a
soggy tone.
The utility group showed up in
a rather favorable light, for, de-
spite the midday irregularity, net
changes in this section were gen.
orally in the direction of advance.
Oils continued to reflect the
backwash of additional discour-
aged liquidation with Vacuum, ex-
dividend, breaking a point to a
new low at 283s, and Standard OF
Indiana easing "a to a new bear
market bottom at 21%.
Continental Shares convertible
preferred was a bright spot in the
investment trust list, scoring a 2
point gain at 3012. insult Utility
Investments and Goldman Sachs
were other holding company
shares to record moderate i'm
provement. Aluminium doomed
up rather sharply among the Spe-
cialties, reaching 102 for 7-point
gain, before turning down again.
Parker Rustproof added. 13s points
at 9712, but also turned easier
later in the day.
Curb bonds showed a generally
steady tone.
The Washington times., 1931-05-29
Contract Preserves
Tin Plate Mil Pau

YOUNGSTOWN, Ohio, May 20.
No wage reductions were incor.
porated in the new wage agree.
ment of the Western Sheet and
Tin Plate Manufacturers Associa-
tion with the Amalgamated ASso-
citation of Iron and Steel and Tin
Workers. just signed following
conferences at Atlantic City.
Basic sliding scales on which
tonnage rates are based we're left
unchanged.
The matter of introducing a
six-hour day into sheet and tin
mills was left optional with the
manufacturers.
The Washington times., 1931-05-29
Nay Business Found
LOLOer Than in AnriL

The United Business Their.
enorneter records business at 25.7
per cent below normal in April,
compared with 26.5 per cent be-
low normal for both February
and March. the lowest point
reached during the depression.
The United Business Service
notes that although the low point
has been passed. the upward
movement which was in evidence
IN April was not sustained in
May. The preliminary index for
May registers business at 1858
loer cent below normal.
The Washington times., 1931-05-29
Financial New York
Will Close Tight
TOMORROW d.

NEW YORK, May % 0.N.SO.
All financial markets, banks.
business houses and security
exchanges will be closed tomor.
row in observance Of Memorial
Day.
Among the leading commod-
ity and security exchanges
which will he closed on that
day are the New York Stock
Exchange, the New York Curb
Exchange, the Chicago Board
of Trade, New York Cotton
Exchange, New York Coffee
and Sugar Exchange, New
York Produce Exchange and
the New York Metal Exchange.
The Washington times., 1931-05-29
Swift & Company
Dividend No. 1872

A quarterly dividend Of Fifty Cents q share
on the capital stock Of Swift & Company. will
be paid on July 1. 1891. to stockholders Of
record. June 10. 1881. a. shown on the books ok
the company.
u. 8. Yards, Chieaao. J. z. COREY, SoO'Y
The Washington times., 1931-05-29
Stock Change Seat
Sold for S2IO,OOO

Arrangements have been made
for the transfer of a membership
on the New York Stock Exchange
for $4,000, a decrease Of $4,000
from the last previous sale. The
1880 low was $1S6.0OO.
A seat on the National Metal
Exchange has been arranged for
transfer at $3.50. The last previ,
ously reported sale involved two
memberships, one at $975 and the
other at 5000,
The Washington times., 1931-05-29
Brush, BGrnsdaLL
Chairman, ResiQns

Matthew C. Brush, chairman
of the executive committee,
American International Corpora
ton. has resigned as a director
and chairman of the Barnsdall
Corporation.
Robert Law, a director of the
company, has become chairman.
E. w. StetSon. vice president of
the Guaranty Trust Company,
also resigned as Q director.
The Washington times., 1931-05-29
nncinZ News Stocks Bonds Commodities and Comment
New York Bond Market
United statel
Fractions represent Sends
1911 mfdRs 10I I-S2

United states High Low Last
3hs 32-47. .I1O2 l6I1O2 16l1Os is
Lib LIST AIS S2-f. 1903 III llO3 II llOS II
Liv 4th AIS 33.3S. l1O4 25l104 23l1O4 IS