davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-11-23
ECONOMISTS HAIL
Low MONEY RATES
See Harbinger of Better
Times, but Wall Street
Indifferent.
ny the Associated Press.

By the Associated Press.
NEW YORK. November 23-If low
money rates are the harbinger Of better
times, many economists say they are,
the shrinkage of rates in recent months
in the worlds principal capital centers
to levels unprecedented in several In
stances should bring cheer to Wall
Street.
But Wall Street has grown skeptical
OF the cheap money theory. Money
rates have been abnormally cheap for
more than a year. Money theorists,
however, say Wall Street may be as
wrong in failing to enthuse over the
current low levels as 1t was in 1928 and
1929, when It failed to heed danger
signals of high money. The bull market
raced merrily on for months after call
money touched 20 per cent early in
1929.
Carefully Restricted.
OF course, the cheap money quoted
in New York. London, Paris and AM
sterdam is only for the safest and most
hquidate forms of credit. For these
forms it Is but fraction of per cent
per annum. This does not mean that
credit is necessarily either cheap or
plentiful for the average business man.
Outstanding commercial credit in this
country, as shown in the Federal Re-
serve reports, has as matter of fact
shown almost steady recession. But
what will happen, say the cheap money
protagonists, Is that capitalists will
eventually grow dissatisfied with the
low returns, and that this dissatisfac-
ton will overcome their fears. They
will then buy corporate bonds and make
other investments, and the business man
will again find credit plentiful But
this process, it is explained, takes time.
Treasury Bills Cited.
Rejecting the extreme plentitude of
funds for the best short-term credit,
the United States Treasury has this
week obtained 100000 900 through sale
Of Treasury bills at discount equiv
alent to an annual interest rate Of
0.17 Of 1 per cent. The rates at
which Treasury bills have recently
been sold in the worlds chief financial
centers, according to the National City
Bank, "is an absolute low record, not
even approached during the long
Evening star., 1932-11-23
Power Earnings Increase.

NEW YORK. November % (P).-The
International Hydroelectric System, a
division of the International Paper q
Power Co.. for the IL months ended
September so, reports consolidated earn
ings available for dividends on the
systems class A stock Of S2,955,t11, or
S3.44 a share, compared with s2,495,-
84s, or S2.98 share, in the preceding
II months.
Evening star., 1932-11-23
Shirt Company to Expand.

CHICAGO, November % P.-Her-
pert g. Mayer, president of Reliance
Manufacturing Co.. said his firm prob
aoly would operate new factory for
plans were being considered for three
or four other plants. The Michigan
City, Ind. plant, he said, has been en-
larged three times this year.
Evening star., 1932-11-23
Company Buys Notes.

NEW YORK, November % R.-
Remington Arms Co. has bought more
than 81, 600 900 face value Ct its three
year 51a per cent notes, due March l,
since the beginning of this year, reduc-
ing the outstanding total to less than
81, ,000, 900.
Evening star., 1932-11-23
INVESTMENT TRUSTS

NEW YORK. November 23 lR.-Over-
market:
Evening star., 1932-11-23

period Of exceptionally easy monetary
conditions in the nineties Of the last
In the New York .cell money market
funds. have been uno1icially quoted
as low as one-half OF / per cent for
several weeks. Recent call-loan rates
in London and Amsterdam have been
as low as one-quarter OF, per cent
and iu. Paris close, to one-half Of
per cent.
Evening star., 1932-11-23
LOANS ON SECURITIES
II CONTINUE TO SHRINK
BY the Associated Press.

& BY the Associated Press.
~ Loans on securities by reporting mem
Der banks of the Federal Reserve Sys-
tenn showed a further shrinkage during
the week ended November l6. In the
table the total loans secured by this
class of collateral are given for COM
parable periods, as reported by the Fed
eral Reserve Beard:
Week ended November 16. "a ,249, ,000, 900
Previous week .......... 4,295, ,0oo,00
Same week last year. -. 5,889, 600, 900
Evening star., 1932-11-23
q. s. TREASURY BALANCE.

By the Associated Press
Treasury receipts for November 81
were S5,406,4 ,47785; expenditures, s13,-
078, 720.12; balance, s625, 5,528, ,836. .38,
Customs duties for 81 days OF November
were $l8,157,34219.
Evening star., 1932-11-23
Grain Market
Stock and

CHICAGO, November % (P).-Grains
turned downward in price today after
an irregular start. Overnight Develop
ments regarding European debts were
construed as bearish, together with
New York stock market heaviness.
Opening at 3s eff to Aa3sup, wheat
later dropped all around Corn started
unchanged to Il higher and subse-
quently receded.
Evening star., 1932-11-23
Washington Stock Exchange
SALES.

SAAES.
washington Gas 6s A-s500 at 99Hs:
Potomac Electric go pfd.-10 at ll012.
Washington Railway & Electric pio.--
10 at 872l, 10 at 38.
AFTER CALL.
Washington Railway g. Electric pfd.-
10 at 88.
Notice-This exchange will be closed
on Thursday, Thanksgiving day.
Evening star., 1932-11-23
STOCKS.
PUBLIC UTILITY.

Amer. Tel. & TEL tol ...... l07,. -;
Sapttel {1l y cps ITafto4 fis3 e. iiY, q So
N & W steam6oat tSl. 80 10
Pot. Esec. PoNe- " r1d4a s5ldd99,L 1ld2
Wash Rwy. q; El. com. % '293 -;
Wash Rwy & Flee. pfd. 80. sTl2 s9A
The following figures are not bids, but
the Washington Stock Exchange.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22

the windup He caught both games
and no bases were pilfered on him.
Johnny worked back of the plate
in Sundays twin bill, in the single
tilt Monday and again in both con-
tests Tuesday. In other words.
Riddle has joined Wingard and
Cooney in the horses for work"
class. Wingard and Cooney take
regular turns on the mound and at
other times the former operates at
first base and the latter in the out
field.
Catcher Tom Angley, in a batting
slump, was notified Tuesday to re-
port to the Terre Haute (Three-I
League) team, but he still was in
town Tuesday night. AL Devormer,
veteran receiver, is on the Tribe ros-
ter to serve as second-string to Rid
die. Angley batted .375 last season
and drove in SO runs. His average
was down to 1853 when he was OPP
toned to Terre Haute.
The Brewers piled up a lead of
4 to in the opener Tuesday, but in
the fourth stanza the Hoosiers
solved Hillin for two markers and
followed up with three in the fifth.
Wingard poled the ball out of the
park as first up in the fourth and
hit another drive over the right
field barrier, with two mates aboard,
in the fifth. His first clout went
over at the 355-foot mark and the
second at the 365-foot point.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22
Slaughter,
Hook Win

Henry Hook is Indianas new
bantam fistic champion and Sammy
Slaughter has avenged one of his
few losses as the result of Tues
days nitt program at Perry sta
dunn.
Hook and Jimmy Fox, defending
title holder, stole the show from
Slaughter and Ray Tramblie, Rock
ford CHI puncher, before $500
fans.
Starting fast in the early rounds,
Fox piled up an early lead, but APP
peared to tire in the middle stanzas,
and Hook came to the front to grab
a close decision. Hook was the ag-
gressor most of the way, especially
in the closing rounds.
Slaughter had an easy time win
ming from Tramblie, and with the
exception of few rallies the bout
was listless. The Terre Haute Ne
gro, who is Indiana's middleWeight
champion, rocked Tramblie in the
first round and continued the bonn
bardment until the fourth, when
Tramblie went down and was saved
by the bell.
Tramblie came back in the fifth
stanza and surprised by taking
an edge.
In the preliminaries Speedy Risco. Chi
cago bantam, defeated Eddie Roberts in
six rounds; Jimmy Shannon. Indianapolis,
featherweight,. won from Paul Waggoner,
Rubin. indianapolis, Junior weiterweight.
defeated Jimmy Goodman
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22
Dunn, Ellis, Adams and
Stevenson Are VictOrs

Miss Dunn had an IS today to
eliminate Mrs. I. C. Kahn of
Broadmoor in another thrilling tus-
sic. The champion was one up at
the turn, but Mrs. Kahn squared
the match. They battled nip-and-
tuck until the seventeenth, where
missed approach cost Mrs. Jaqua
the match.
Mrs. Stevenson played her usual
steady game, while Miss Ruth White
was wild on the first nine and lost.
2 and l. Miss White was three
down at the turn, but closed the
gap on the thirteenth and fifteenth
holes, only to lose the seventeenth
and match
Taking a up lead at the turn,
Miss Lou Adams turned back Miss
Frances Kotteman of Highland, 3
and 2. She won the tenth and
twelfth, but lost the thirteenth and
fourteenth before ending the battle
on the sixteenth with par.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22

Leslie Barnhart was batted out
OF the box in the second inning by
the Cream City athletes, and after
the third, when Heving found his
stride, there was no more scoring
for the visitors. Joe held the
enemy to five hits in 2-3 innings.
Four double plays were executed by
the home nine and two by the
Brewers.
Both teams put across two runs in
the first frame of the last conflict
and the Indians rallied again in
the second and crossed the plate
three times. Ernie Wingard blasted
a. triple in the first stanza. The
Tribes final marker was chalked
up IN the fourth when Cooney dou-
bled, Goldman sacrificed and Fitz-
gerald scored Cooney on a long fly.
Gullic cleared the left-f1eld wall
in the third, to give the Brewers
their third run, and it was a real
wallop, riding out of the field at
the 360-foot mark. The Brewers
fourth and last run was registered
in the fifth, with the help Of an
error and was unearned.
Wingard batted in four runs in
the opener and one in the night
cap. His triple in the windup
struggle was tall swat to deep left
center. He played great ball around
the initial sack.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22
Yank Net
Stars Win
ntnitcdPress

By United Press
WIMBLEDON, England. June %.
The procession of American VIC
tories in the British tennis tourna-
ment continued today.
Miss Helen Jacobs, California.
esaily won her second round singles
match from Mrs. B. c. Covell of
Great Britain. 6-1, 81.
Frank Shields never was forced
to extend himself in defeating N.
Taylor of Great Britain, 6-3, GA,
6-l, while Wilmer Allison found the
going a little tough against Ignace
TloczynSki, Polish champion, win
ming S-6, 6-3, So John Van Ryn,
although still far off his usual game.
won from j. D. P. Wheatley of
England, SIS, Ga, rs. The trio
joined Ellsworth Vines. Gregory
Mangin and Sidney Wood in the
final thirty-two
Americas hopes for victory in the
mems singles frightened with the
amazing upset in which the mighty
Henri Cochet of France, favorite for
the title, was eliminated by J. G.
Collins. crippled British player.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22

Sharkey drove his left hand to
the heavyweight championship of
the world
The 72000 fans who gathered in
the spacious new Madison Square
Garden bowl watched, many times
alphabetically, as the Cob f1icked
that arm to the face of the dark
haired young Uhlan. Sometimes it
was painful. Other times it was
just tantalizing fist which blocked
the German champion.
Left Loses Sting
In the late rounds, Sharkey's left
seemed to lose its sting, Schmeling
rushed. He jabbed a left that had
been held almost tied in the early
rounds. He flashed a hard right
which Jared Sharkey and closed
his left eye.
In fact, Schmeling came hack so
strong that at the close-as the
crowd waited tensely for the verdict
there were intermittent cheers for
Herr Make" When the decision
was announced boos, catcalls and
jeers greeted it. The jeers surprised
for Sharkey had been the Senti-
mental favorite.
The crowd was not happy that
Gunboat Smith, the referee, and
George Kelly, a Judge, overruled
Charley Mathison, who thought
Schmeling had won.
Sharkey Restless
Joe Jacobs, Schmeling's manager,
called the decision robbery" He
recalled that last week he threat
ened to keep his man from the ring
if "a certain man" was referee. To-
day he said the man he had in mind
was Gunboat Smith, the battered
old former fighter, who was the
third man in the ring. Joe, however,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22
BY DICK MILLER

Three Meridian Hills Country Club
stars and Miss Elizabeth Dunn of
Riverside, defending the title for the
sixth time, battled their way into
the semi-finals of the city wom-
ems golf championship at Broad
moor today.
Miss Dorothy Ellis, playing in
her first championship flight, sprang
the first upset of the 1882 tour
ney when she eliminated Mrs. c. A.
Jaqua of Highland, and l. She
will face Miss Dunn on Thursday
morning.
In the other bracket, Mrs. Ben
Stevenson, former champion. clashes
with Miss Lou Adams, medalist.
Miss Ellis had a par and birdie
on the first two holes of her match
with Mrs. Jaqua, but unsteady APP
preaching lost her the advantage,
and she was one down at the turn.
She birdied the tenth to tie the
match and then won out on the
sixteenth and seventeenth green's.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22
1873 Prizes-11O Golfers

Wallace o. Lee, chairman of the
Columbia Club golf committee,
faced a perpleXing problem today.
Lee has 1913 prizes to be awarded
in Thursdays club tournament at
Avalon, and today only 10 club
wielders had entered. Many more
are expected to sign up at the tee,
however.
The tourney will be an all-day
event. Leonard Sullivan, defending
champion, and DR.. Paul Hurt, 1881
runner-up, have entered. A beef
steak dinner will climax the day.
at which prizes will be distributed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22
BLACKBURNE PILOTS LEAFS
BIZ Times Special

TORONTO, Ontario, June o.
Tom DAILY resigned Tuesday as
pilot of the Toronto Internationals
and was succeeded by Russell
Lena) Blackburne. DAILY will be re-
tanned as player and will take a
regular turn catching. Blackburne
piloted the Leafs years ago and also
managed the Chicago White Sox
and Little Rock Travellers.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22
Other Fight Results

NEW YORK Garden BowD-charley
Brkie 1911 oakl8n np'9 Cal d st. ame Hans
Braddock, l79, Jersey City, defeated Vim
cent. Parrille. 2OS. Argentina 81; Lou
Bsrbs, 1874 New York. defeated Jerry
Berlanger, 1873. Canada, defeated Jack Nc
Carthy 1876, Boston (5l; Tommy Walsh.
161, New York, defeated Make Pink, III,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22
Boston Cob Left Jabs Way to
Disputed Win Over Schmeling
Still Champ
By United Press

NJ CHttea PfCa8
DERLIN, June 90. - Max
ID Schmeling's mother still
regards her son as heavy
weight champion of the world,
although he lost the title to
Jack Sharkey Tuesday night.
L listened to the fight over
the radio" Mrs. Schmeling
said today. From the de-
scription of the announcer, I
can't understand how Max's
opponent could have been
given the decision.
TO me, Max still is cham
pion. The very least he de-
served was a draw. And it
seemed to me that he had won
by a good margin"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22
Robbery Says Germans Pilot After Make Finishes
Fresh and Strong While Jack Is Tired, Marked;
1900 Pack Bowl for CoIoreSS Scrap.
BY STUART CAMERON

Sharkey today challenged heavy
weight fighters the world championship
should remained the Germans
Within fifteen after judges
the darkhared German champontheeby
United seSharkey announced he would fighting champion
Il the title it honestly said
I will be a fighting champion"
What matter him the boos the
matter him the Jacobs Shmeng
matter to him his closed left
to Boston there
will decide next plans But keep
or fighting"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22
How Tribe Is Batting
JAKE BACK IN MAJORS

By Times Special
ST. LOUIS, June 22.-The Card
mails have brought back Jake Flow
erS, 1nf1elder, who was with the
world champs last year. He was
purchased from the MINNEAPOLIS
Millers Tuesday and will be used to
help plug up the crippled Card in
networks.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22
D0LD GOLF FAVORITE
By United Press

81 united Press
OKLAHOMA CITY, June %. -
southwestern entrants dominated
play today as thirty-two golfers
started to match strokes to deter
mine the 1882 trans Mississippi
tournament champion. Match play
will end Saturday.
Fred Dold, Wichita, Kan, was
favored to win the championship.
Dold shot a record-breaking Ga
tuesday which, added to his first
round score of 70, gave him medal
list honorS with a brilliant 40.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22

the Hoosers have moved within one-half game of
second place and are only game away from
tie with the leagueleading Millers Another double
header was scheduled at Perry stadium today with
action starting at 1880 and the sixth and last tilt
OF the Milwaukee series will be played under the
hgnts Thursday night at 815 Today was boys day"
at the stadium ana laos under 16 were to be ad-
mitted free to the beachers
Two home runs by Ernie Wingard over the right
neid wall and fine relief pitching by Joe Hevng fea-
tured the initial struggle Tuesday and in the second
battle with both clubs hitting freely Johnny Cooney
1rloe Southpaw proved superior to Stiles Milwaukee
highlander when runners were on the sacks Ted
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22
Really Was Scratched

By Times Special
CHICAGO. June 22.-Race fans
were puzzled Tuesday when Paul
Bunyan, L. M. Severson's entry. was
scratched out of the fifth race at
Washington park. A fly was the
reason. The horse was bothered BY
the insect settling on him and
snapped at it so hard he opened a
two-inch liberation on his chest.
In other words the horse bit him.
self
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22
COHEN JOINS MILLERs
By Times Special

NEWARK, N. j.. June 22.-The
Newark Bears of the International
League today released Andy Cohen,
second baseman, to the Minneapolis
Millers Of the American Association.
Cohen is a veteran International
pastimer and saw big league service
with the New York Giants.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22

did not keep "his man" from the
ring, nor did he protest formally
the selection of the Gunboat.
The setting was ideal for the big
fight.
schmeling was the first in the
ring. He seemed a happy school
boy. Through the early rounds he
kept smiling. He had to wait for
Sharkey, who came into the ring
scowling and restless.
1t was all Sharkey at the outset.
He flicked that long left arm con-
stantly in the face of Schmeling. He
was on the defenSive-a strange pic
ture Of the contender waiting for
the champion to come on. His right
arm was held cooked, ready to go,
but never seemed to have anywhere
to go.
There was little excitement in
the ring, or in the crowd. Schmel-
ing seemed confused, and so it went
up to the tenth round. Then
Schmeling seemed to recall that he
had a left. He tried it a few times
and it worked. From then on, the
big bout became more of a fight.
Sharkeys left eye began to close.
The crowd became more ex-
cited. There were cheers.
In the fourteenth and fifteenth
rounds there was real liveliness.
Sharkey seemed firing. The young
German from the Black Forest
seemed untiring. He was eager.
Jack Makes Max Miss
Sharkey, the boxer, made Max
miss frequently. Once Max had a
perfect set up for short right up
percut. He seemed so amazed that
the blow he tried to deliver brought
laughter because of it's weakness.
Schmeling pecked and hammered
away at the contender's left eye, al
most closing it in the final round.
The crowd was cheering, as the
fight ended They stood. Joe
HUMPHREYS walked from judge to
judge, then to the referee. All was
silent as he held up his hand and
announced:
The winner and the new"
Sharkey Is Happy
That's all the crowd could hear.
There was tumult-cheers and ieers.
Sharkey had to fight off his adj
mirers. Johnny Buckley, his man
ager, held him to keep him from
dashing about with JOY.
The two fighters shook hands.
Jack Sharkey walked out, the new
champion, happy that after eight
years OF effort to gain the title,
after tossing away four chances at
the championship, he finally was a
champ"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22
A0ANto fSv -
Crouch ran for Young in ninth.
Hoffman batted for KILN in ninth.
INDIANAPOLIS
INDIANAPOLIS

Runs batted .n-ChrlstenSen, koehIer,
KILN, Tayener, Taitt Wngard 4. Riddle.
Fitzgerald. Home runs-Wingard 2. Three
base hit-Christensen. Two-base hits
Xubek. Fitzgerald. Heving. Sacrifice hit
to Wingard; Cor molly to Tavener t stan
ton, Sigafoos to Wingard, Sigafoos to
Goldman to Wingard (2). Tavener to Con-
so indians 10 BASES slE on on ba g5
2; of Heving, 2. Struck out-By Heving
2. Winning pitcher-Heving. Hits-Of
Barnhart, in l 1-3 innings; of Heving
5 in 2-3 innings Times-136. Umpires
Rue and Johnston.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22

m its recent confession the Gillette Safety
l Razor Company told you that, under the
stress of introducing a new razor and blade
uniformity had suffered; and told you how our
efforts to correct the trouble had resulted in the
development of far superior product.
Several readers have asked us how we can
make the bold, positive statement that today's
Gillette blades are the sharpest, smOothest-
shaving blades we have ever produced. This
IS fair question, and here is our reply: A
marvellous new testing machine, recently devel-
oped, scientifically proves that these blades have
never before been approached in keenness
We cannot discuss the nature or details of this
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-06-22
Results Yesterday
AMERICAN ASSOCIATION

tAfternoon Camel
Louisville ....... 600 100 600 S /
Dawson and Collins; Weinert, Deberry
and Erickson,
Might Camel
Kansas City ........ 0Ot 600 600 4
Louisville 49,. l40 ol0 OK 0
Using and Snyder; Jonnard and Shea
AFTERNOON Camel
Minneapolis ........ $40 600 600 Il ;
Columbus .......... O02 600 100 10 /
Benton and Griffin; Fowler, Miller Ash,
GrahowSki and Rensa.
Might Came
Minneapolis 1900. 900 020 1ol- s 3
Columbus .......... 200 DOL 002- 9 l
Petty, Ryan and Griffin; Dean, Grab
owskl, Ash and Sprinz.
First Gsmel
81. Paul ........ 800 600 $40 is
Toledo ............-. 100 100 600
Van Alta and Snyder; Moore, Van Glider
and Pytlak.
Second Camel
ST. Paul ............ oo2 ol4 5000 IL
Toledo .............. DOL 022 600
Harriss and Fenner; Bean, Van Glider,
Rabh and Pytlak.
NATIONAL LEAGUE
Cincinnati ..s.... o2o 200 20S--- le 0
Boston ............. 0l0 100 DOL o
Kolp and lombard: Brandt, Cunning
ham and Spohrer. Hargraye.