davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-07
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97d0AkF b1T1EF.I
ANNIVERSARY
HAsSH
URUGUAY IN BREAK
October Z

ON Oct. z, 1917, Uruguay officially
~ broke relations with Germany
by decree of the president.
All the functionaries we're ordered
to withdraw from German territory.
The chamber of deputies voted
in favor of the rupture by "a to %.
The president of Uruguay previous
ly (June 20) had issued an order
announcing that mo American
country which, in defense of its own
right, should find itself in a state
of war with nations Of other con-
tinents will be treated as a bellig-
erent."
President Viera, in his message to
parliament, declared that the Uru-
guayan government had not re-
ceived any direct offense from Ger
many, but that it was necessary to
espouse the cause of the defenders
of justice, democracy, and small ma
tionalitieS.
Uruguay, with other neutrals, had
teen a sufferer of Germany's U-boat
warfare, and Uruguay'S information
al rights otherwise had been dis
regarded.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-07

How many persons are unem-
ployed in the world and in the
United States?
The latest estimate of unemploY-
ment throughout the world was
published by the International La
Dor Office of the League of Ma
tons in Geneva last November and
contained some statistics. admitted
Iy incomplete, for the twenty prin-
cipal industrial countries of the
world, from the latest figures then
available. The estimated total for
these twenty countries was 11,509,-
900 persons unemployed. The total
for the world is perhaps as many
as fifteen million. The total num-
Der unemployed in the United
States in January, 1881, was esti-
mated on the basis of a special
census in principal industrial cities
70 be 6.050.000 persons.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-07
Due to the Craze

.nURING the last decade, we have
~ seen values See-saw, without
reason. The gains and losses NAV
nave offset each other to large
extent, but diversion of credit has
wrought permanent and irremedia]
injury in many cases.
For two or three years pre-
ced1ng the crash of 1929, the LIQUID
cash of this country was modified
largely around the call market
when it ought to have been abroad
IN the land, strengthening every
sort of activity.
We can admit that this was due to
a speculative craze which included
most everybody and still see the
folly of it.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-07
Sterilization Is Needed

A CCoRDING to experts, the
"A business slump represents a de-
cline of about % per cent. Now
just compare that with the decline
OF some major stocks, the price of
cotton, or other values in which
speculation plays dominant part.
1t makes little odds whether stocks
were too high in 1929, or whether
they are too low right now. The
important point is that there has
been unnecessary and undesirable
f1uctuation in either case. The same
thing is true of cotton and wheat,
We talk much about the stabiIiza-
ton Of employment and wages, but
1t won't bring the blessings we ex-
pect unless it is accompanied by
greater sterilization in the COM
modify and financial markets.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-07
No Idle Warning

nEMOCRATIC CONGRESS
II MAN ADOLPH SABBATH of
Illinois utters no idle warning when
he tells President Richard Whitney
OF the New York Stock Exchange
that if the latter organization
doesn't do something to check short
selling, congress will act.
The country at large is aroused
over this matter much more thor
oughly than some folks realize, and
If the federal government is forced
to take a hand, it is likely to go
much farther.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-07
1t Has Enough

THERE is enough risk and
L speculation in legitimate bust
ness, without the introduction of
systems and methods to enhance
them.
The weather, climate, and fads
leave plenty for private enterprise
10 worry about and investors to
gamble with.
Big as United States Steel may be,
1t has enough on it's hands without
hghting speculative influences. The
cotton and wheat farmers have
more than enough.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-07
Ought to Practice

THE small investors were given
l. good advice, which those who
took it well know, but the big in
vestorS made tragic mistake, not
only for themselves, but for the
suckers who followed them.
Capital does not represent safety,
or anything approaching it, when
the returns are as large as they were
just before the crash.
Four or per cent is about all
that can be paid for invested capital
under reasonable restrictions. That
is something which our financial
leaders not only ought to preach,
but practice.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-07
HEALTH SERVICE
HEALTH
Surgery Solves Acute Gall Trouble

presence of the stone may produce
pain, vomiting and other serious
disturbances.
When the stone begins to move
out of the gallbladder and through
the ducts or tubes that carry the
bile from the gallbladder to the in
testines, it may become blocked in
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-07
Represents Real Handicap


CCOLDING does no good. AS long
- as SPECTATORS can sell short,
they will. It's one of the easiest
ways to make money at other peo-
pies expense.
Depression is the short sellers
clover patch. All he has to do is
drift with the tide and help push
things little lower.
That he stands in the way of
recovery should be obvious to any
one.
Whatever may be said for short
selling in normal times, it certainly
represents real handicap when
the big problem is to restore con-
f1dence and sustain values.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-07
The Cost of Living

The necessity Of increasing the capacity of the peo
pie to buy is well understood by those seeking way
out Of the depression But there danger that loose
talk about the fall in the cost of living will multiply
wage cuts where such cuts not essential to given
industry
II Is unpleasant fact that total industrial wages
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-07
Daily Thought

1t is better to dwell in the will
derness than with a contentious
nd angry woman.-Proverbs
2l:1S.
Most of their faults women owe
to US, whilst we are indebted to
them for most of our better uuali-
ties.-Charles Lemesle.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-07
NJ. E. Tracy

That the Short Seller Is
Standing IN the Way of
General Recovery Shoald
Be Obvious to EUery One.
NEW YORK, Oct. THE New
L York Stock Exchange has
curbed short selling twice within the
last few weeks. On each occa-
sion the market reacted quickly and
favorably. It takes real obstinacy
to regard this as a mere coincidence.
What more is needed to show
how the investing public feels to-
ward short selling?
Why should the investing public
buy stocks, with the possibility of
a bear raid dragging them down 5
or 10 pionts at any moment, regard
less Of their honest worth?
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-07

the English language common enough
little thought and attention rules menor
words frequently msused mspronounced anv
the Of good English We lose caste with our
language
Our Washington bureau has ready for
in English which, carefully
doubt will improve English you most people
make careless
Fill out the below bulletin IT MIGHT
mean the difference between getting and losing job.
-CLIP COUPON HERE
Dept. $50, Washington Bureau, Indianapolis Times
1922 New York Avenue, Washington, D. c.:
want copy the bulletin Errors in English and
nclose herewith cents loose
postage stamps to return postage and handling costs
MAINE
City State .............
reader of The indianapolis Times ccode No,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-07
BY DIR. MORRIS FIsHBEIN

Editor Journal of the American Medical
Association and of Hygeia. the
Health Magazine.
A SMALL gladstone lying in the
L N gallbladder seldom causes Sc
we're symptoms, although at times
Inflammation associated with the
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-06
State Osteopzths
10 Meet McAHen

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-06
CONVENTION
Bid Is MADE
Local Interests Seek 1892
Meeting OF State
Bankers

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-06
MAHER NAMED
SUCCESSOR TO
Fred STARCK
Takes Up Duties OF
School District
Immediately

Board @ School Trustees oF r5e
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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-06

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-06
PARKING SPACE
EAVAIABLE
New City Ordnance Workz
Successfully Fer
@10rP@rs

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-06
Radio Station Here
To Feature Ortiz

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-06
Gambling Expected
Across Rio Soon

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-06
Post Holds Review
For Visiting Officer

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-06
Junior College To
Graduate Twenty

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-06
Man Beaten

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-06
City Briefs

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-06

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-06

$50 80 - III
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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-06
xz-s Ore

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-06

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The Washington times., 1931-04-02
WASHINGTON STOCK EXCHANGE
SALES

SALES
Washington Gas 6's A, $4,000
1o17s. 4OO@1O1h, 2Oo01o112,
5000 1919.
The Carpet Corp, 25@2212.
AFTER CALL
Washington Gas SIS, $1,000
1852.
Col. Sand and Gravel, rfd., SO
9412.
Capital Traction SIS, $1,000
1924.
Washington Gas 6's B, $4OO
@1O412, 1OO@1O412. 800@1O412.
Washington Gas 6's A, $4,000
1O2.
Capital Traction Co. 1o@342s.
Washington Gas 6's A, 5000
1919, 1O0@1O112, 300@101l y,
2O0@10112, 300@1O112.
NOTICE-This exchange will
be closed tomorrow, Good Friday.
The Washington times., 1931-04-02
CHEERS
STEEL TRADE

PITTSBURGH, April 2 GNSO'
An order of 124,9OO tons of struc-
turaI steel by the Pennsylvania
Railroad, less than fortnight
after the placing of 125,00O tons
of the Radio City" project in
New York, has made construction
activity the center of interest, the
Iron Age says today in its weekly
summary of the iron and steel
trade.
Clarifying signs are seen in the
price situation. Sheets have
achieved more stability, but weak
ness persists in black sheets which
are generally available at 225c,
Pittsburgh, with as low as 2.2Oc
reported in some instances.
The Iron Age composite prices
are unchanged. Finished steel, at
2.128c a pound, is $4.72 a net ton
lower than a year ago. Pig iron,
at SSH a gross ton, is $204 be-
low the level of year ago, while
steel srap, at $11.08 gross ton, is
off $3.50 from last year.
The Washington times., 1931-04-02
CHICAGO LIVESTOCK

CHICAGO, April 2 Q.N.SO-
Hogs-Receipts, $4,000: market
10@15c higher; top, $8.15; bulk,
$6.60@8.10; heavy weight, $1,000
7.65; medium weight, $7.60@8.10:
light weight, $7.9008.15; light
lights. $7.90@8.15; packing sows.
$6.35@6.85; pigs, $7.50@8.00;
holdovers, 5000.
Cattle-Receipts, 5000; market
strong. Calves-Receipts, 5000:
market 25@50c lower. Beef
steers-Good and choice, $9.5O@
II; common and medium, 5000;
yearlings, $6@10.75. Butcher cat
tle-Heifers, 5000; cows, $4.25@
$50: bulls, $4.25@7; calves, $6.50@
9; feeder steers, $5.50@8.5O;
stocker steers, $5.50@8.5O; stocker
COWS and heifers, $4@6.50.
Sheep-ReceiptS, $4,000; mar
ket steady. Medium and choice
lambs, $9@9.75; culls and COM
mon, $7@8.50; yearlings, $70
$50; common and choice ewes,
$1.50@5.25; feeder lambs, $70
S,25.
The Washington times., 1931-04-02
RALLY APPEARS
DUE, ASSERTS
SPECTATOR
Downward Movement Seen
0verextended, and Upturn
Likely, If Only Temporary
By THE SPECTATOR

NEW YORK, April 2.-Just as
the spring advance in the market
appeared to be over-done in many
directions in February and
March, so does the current phase
of the downward movement
appear to be overwhelming
normal bounds.
Wednesdays decline marked
the seventh consecutive session
that both the industrials and
rails, as measured by the Dow.
Jones averages, have lost ground,
with the latter group now hold
ing but slightly above the ex-
treme bottoms established in mid
December of last year.
Rally Seen Likely
Offhand, one can safely say
that the market is fast approach
ing a condition where a tech
nical rally of some size should
take place. However, this seems
to ignore the change in senti-
ment that has apparently occur
red in the past week or so.
AS one observer puts it. the
disposition to exploit the unfavor-
able is particularly bad thing
for the market at this time be-
cause there is SO much that is
unfavorable to exploit. If de-
featist psychology is to gain the
ascendency once more as it has
so frequently during the past
year and a half, it is entirely
possible that the December lows
may again be tested.
Another point that is receiving
more attention of late is the rela-
ton of current prices to earnings
and dividend payments. On this
question there can be no doubt
ing that the present level Of
stock prices is higher in rela-
ton to earnings and yields than
it usually has been after such a
prolonged deflation in values.
Advise Buying Carefully
This is explained as due to the
scarcity value of many better
grade isSues. It is believed i'm
probable, however, that the bet
ter grade issues will be obtain
able at the attractive levels of
1921 and 1923 unless strong box
selling develops on a much larger
scale than present indications
point to.
Well-informed observers cite
the necessity for extreme discrim-
ination in stock purchases. 1t is
pointed out that seasonally we
are entering a period when many
lines usually experience a let
down in activity. The motion
picture companies are about to
enter their dull season, motor
accessories usually reach their
peak in April, and many other
industries such as chemical and
alcohol companies, cotton manu-
facturers, utilities, fertilizer COM
panies and rubber manufacturers
either are entering or will soon
enter a season of dull business.
On the other hand, automobiles,
building, dairy products. oil pro
ducts and others move fastest in
the warm months.
The Washington times., 1931-04-02
PGrLey to Discuss
MORTGAGE BANKING

A forward view into the financ-
ing of real estate will be the CEN
tral theme of the Mortgage Bank
ers' Association convention to be
held at Dallas, Tex, October 81
to 20. The keynote, Future
Trends in Mortgage Banking"
was decided at a meeting of the
associations board of governors
here March 81. j. B. Sleeper, Of
Topeka, Kan, president, said the
convention will bring together 50(
officials of insurance, banking
and mortgage companies.