davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-10-23
Trade Trends

BY the Associated Press.
Cocoa-New York warehouse stocks
on October q totaled 100000 bags, an
increase of abou', 10000 over the previ
Gus week and a new high record in the
history of the New York cocoa
exchange.
Furniture.-For the third successive
month. says a bulletin issued by Seid-
man & Seidman, accounts, the furni-
ture industry has made steady and
effective progress. September was the
best month in 1882 to date, both in new
orders and shipments. Orders booked
were 26 per cent greater than in August
which showed a % per cent increase
over July. Shipments were "a per cent
larger than in August.
Hides.-Business was quiet and fea-
tureless in the spot market during the
past week The small sales at re-
duced level in the preceding week by
one OF the large producers was not fol-
lowed up by substantial movements of
accumulated stocks of other large
producers, the New York hide exchange
reported.
Hosiery.-It is reported that leading
manufacturers of full-fashioned hosiery
III lIle HullauelpIud QlstliCC arc oPeIdI-
ing at, full capacity. partly in re-
sponse to anticipated holiday orders
Rubber rubber remains around
31a cents a pound in the outside trade
with some manufacturing interest
shown in the January, February, March
arrivals.
Steel.-S,ightly more activity is re-
ported in the metropolitan district
market in reinforcing bars. Dealers
report larger volume of orders last
week together with increased inquiries.
Evening star., 1932-10-23
VOLUNTARY GROCERY
CHAINS ON INCREASE
New Form of Merchandising De-
clared Effective in Making Reduc-
tions in Distributing Costs.
pecial Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, October 22.-The vol
.untary grocery chain. which today in
cludes nearly one-third of all the in
dependent retail grocers in the United
States. is profoundly affecting every
phase of food distribution and prom
ises to make possible a real reduction
in distributing costs, v. H. Pelz, di-
rector of the research staff of the
American Institute of Food Distribu-
tion. Inc, told a meeting of the Amer
ican Marketing Society here today
In two years the voluntary grocery
chain-independent retailers organized
to carry on joint merchandising actiyi
ties and to combine wholesale and re-
tail functions under one control-haS
increased nearly 40 per cent in retail
membership, which now approximates
8750O.
Mr.. Pelz. whose -proft-making
institute has made an intensive study
of the growth and effects of the vol
untary grocery chain, termed the type
Of chain the newest form of mass dis
tribution." He predicted that the
time is coming when every manufac-
turer Or producer of food product
will have to carry on direct negotia-
tions with the heads of a relatively
small number of organized groups OF
retailers, which between them the reg
ular chains and voluntary chains) con-
troll two-thirds to three-fourths of the
total available market"
The one important difference between
the two types is that in the regular
chain the trend has been toward genu-
inc integration Of distribution functions
and operations. but in the voluntary
chain the regdjustment is not so much
in that direction as in closer. co-ordinc
ton Of wholesalers, retailers and man
ufacturers.
.' (Copyright. 1927
Evening star., 1932-10-23
Sterling and Cotton.

NEW YORK, October % (SpeciaD -
India has lifted the boycott on Brit
ish cotton goods. This step was taken
in conjunction with an Indian prefer
ential tariff on British goods which
assures a great market for Lancashire
Mills Along with these two items
both of which Wall Street seems to
have failed to read-comes the break
in the pound sterling, which might
easily, be part of plan to place
British industries, especially textiles, IN
a position to compete aggressively IN
world export markets.
Assured of an Indian market. Brit
ish textile manufacturers now find the
Chinese boycott against japanese
goods relaxing. SO lower sterling enables
the British to compete on a better
basis against Japan, whose deprecated
yen gave. it an advantage in Far East
ern markets. Moreover, a deprecated
sterling works in the nature of a wage
reduction without however, bringing
about labor disturbances or reducing
wage purchasing power appreciably. OF
course, all of these developments fcre-
shadow an increased consumption in
cotton, which eventually will affect our
Southland.
Evening star., 1932-10-23
BANK DEPOSITS GAIN
IN FARMING SECTION
Keneas State Bal =, Com
ranies Show sm,ll O.. ard
Trend in Recent Weeks.
Spec = D.-p-tch 70 The Star.

I-hZcAj CITY. Mo, October 22.-An
u contribution to the t-c-j CT
,1l-:-- 1l.-,.H-1-ci : z-aTj in the farm ccal.ry
.E--S fu"r--,;cd this weel;. by q ccmp-ri-
cl CO the cc1G:t:ons Of State banks and
tlust companies of Kansas with those
che year ago.
What has happened in Kansas is ap-
,2-o.lmately the situation of all the farm
States, varying only as their major
pc1Grcts are different, for the price
ls.el has had about the same low plane
n sil. IN the year Kansas banks have
lo-t c2j,300.000 deposits, loans have de-
creased S2I.600000 and bonds and war
rants decreased s2,900 OJo
What has happened Is t.lct the instf-
tu&onS have been aE'1 . ! - loans
moderately. reduced th@..- :-l-s7GuatS
and borrowings and ma " -..TSat in
crease in their reservc! coadiIc.?. One
encouraging feature is thai since last
June deposits increased $l69, ,000-not
much. TO be sure, but compared with
decrease of s9o0OO00 in the same pc
riod a. year age it is an upward ten
dency.
fCopyright, 1922
Evening star., 1932-10-23
LEADERS OF LUMBER
TRADE PLAN PARLEY
Course of Industry for Year Of
1888 Will Be Discussed
at Conference.
BY the Associated pre-

BY the Associated pee
CHICAGO. C aher 22.-Leaders in
the retail lun1b-- i7d,ls.Ty, looking for
ward to picl--l1 in building ccnstruc-
ton in 1883, viii meet next week to
chart their economic course for the COM
ing year.
Ways and means Of stimulating
construction. Plus analyses of other
major problems confronting the indus
try, promise to be keynote subjects at
the convention of the National Retail
Lumber Dealers Association. October
1928, in Louisville, KY.
Prepare now for 1893" will be the
lumbermen's slogan as they debate the
most practical methods of achieving
sound economic recovery.
Convinced that it will take a smaller
increase in volume to bring operations
back to profitable basis than was nee
esSary year ago, dealers hope to for
mulate policies that will spell the differ
ence between profit and loss.
In a symposium of lumber manufac-
turers and retailers from all parts of
the country, recent business trends will
be analyzed with a view to forecasting
prospects for 1888.
Evening star., 1932-10-23
.FACTORS1tIRADE
-S|TUA70N:WEiGHED
Statistics Company Gives Fa.
v0rable and UnfavorabIe.
Business Conditions.
Special Dispatch TO The Star.

Special Dispatch TO The Star
NEW YORK, October 22.-In its
monthly summary of the business pros
poets as viewed from Washington, the
Standard Statistics Co. of New York
lists the following favorable and unfa-
vorable factors in the situation:
Favorable
"A credit base on VI i. credit expan-
sion and banking suppas-t OF business re-
covery can be built has been established.
Experience with the Reconstruction
Finance Corporation justifies confidence
that it will give whatever aid is needed
to ward off new stringencies of banks,
insurance companies and other financial
institutions which have long pull eco
ncmic strength
The Home Loan Bank system is ex-
pected to do for home mortgages what
Federal Reserve banks have done for
commercial paper.
Reports from the regional banking
and industrial committees show them to
be actually putting sound borrowers and
willing lenders in touch with each other.
THE Government is receiving hun
dreds of confidential reports from busi-
iiCsSo lICddo "IJILl GfIQ6IlCS IIldL
business is on the mend-that actual
volume is tending upward little and
that sentiment is pointing to a recru-
descence of normal psychology.
Official cuStodians of, trade statistics
are now speaking more confidently of
reports from several major industries
which are showing a normal seasonal
pickup for the first Autumn in three
years. :
Statistics of stocks on hand indicate
a condition which should lead directly
to increased production as soon as in
creased consumer demand is felt.
Bank failures are not expected to be-
come serious factor in the next few
months. The situation is well in hand.
UnfayorabIe.
THE necessity for dealing with mil
lions of unemployed in distressed cir
cunlstanees will tax the countrys ca
pacity for social organization.
Uncertainties in Europe still cast a
cloud over the prospects for worldwide
recovery. Germany especially is cause
for concern.
Extremely depressed conditions In
agricultural regions threaten to precipi-
tate new and difficult problems.
Acute financial problems of the rail-
roads are especially troublesome and no
early solution is in sight
Another Treasury deficit of consid-
cradle proportions is forecast for the
current fiscal year
Veterans bonus legislation and other
Grains on the Treasury will be pressed
in th@ coming segsion OF Congress Gen
orally, they will be STAYED OF, however"
Evening star., 1932-10-23
Market Resistance.

NEW YORK, October % (SpeciaD -
In the first half Of this week the mar
ket has shown a. degree of resistance
that has been making converts to the
bull side. The average price of repre-
sentative shares has advanced slightly
over 2 points. This has been accom-
plished chiefly on covering by profess
sionals, who, temporarily at least. ap-
pear to be convinced that the market
trend is upward in spite of less con-
fident feeling about the business outlook
and the steady decline in commodities.
There has been a period of nearly six
weeks since stocks touched their high
average. This comedies with the normal
period Of time usually taken for it to
adjust itself after having experienced a
sharp decline.
Evening star., 1932-10-23
Canadian Wheat Exports.

OTTAWA, October % P.-For the
first II weeks of the current crop year
exports of Canadian wheat totaled 3d.
$50 900 bushels, compared with 29,453,-
299 bushels for the same period OF last
year, the Dominion Bureau OF Statis-
tics said today.
For the week ended October IA the
total was 6,946,766. This was q decline
from the previous week Of nearly one
million bushels.
Evening star., 1932-10-23
Plate Glass. Trade Better.

NEW YORK, October % P.-
Developments in the plate glass busi-
ness are being watched with more than
the usual amount of interest, the Amer
ican Glass Review reports. During the
past week acquisitions from the auto
mobile trade were received. The price
situation is comparatively stable and
the market Is on the way to a generally
satisfactory quarter, It Is stated.
Evening star., 1932-10-23
WILLARD HEADS GROUP
TO SPREAD EMPLOYMENT
Special Dispatch to The Star.

Special DISpatch The star.
BALTIMORE, october 22-Daniel
Willard, president of the Baltimore &
Ohio Railroad, has accepted the chair
manship of the Maryland Railroad and
Public Utilities Committee in the
Spread the Work" campaign, by which
industrial leaders throughout the Ma
tion hope to create jobs for thousands
of unemployed
The Maryland group, headed by
Charles NJ. Cohn. vice president of the
Consolidated Gas Co.. is divided into
more than dozen subcommittee. each
of which will direct the campaign in
various sections of the State and
among various classifications of busi-
ness. A meeting of all committees
PROBABLY will be held within the next
few days to outline the general Mary
land campaign. 49,
Evening star., 1932-10-23
CHICAGO. YELLOW CAB co.
CUTS DIVIDEND IN HALF
e.;.,1;,n,+,h to Tho stor

Special Dispatch to The Star.
CHICAGO, October 22.--At the reg
ular meeting of the board of directors of
the Chicago Yellow Cab Co.. a dividend
of 25 cents per share was declared pay
able December l., to stockholders of rec
ord at the close of business November
20, This compares with dividend Of
so cents per share declared for the pre-
vious quarter.
Evening star., 1932-10-23
Cotton Goods Prices Recover.

NEW YORK, October % (P.-In the
past week cotton goods prices recovered
some of the ground lost in the previous
week on weakness in r:w cotton. Tex
tile circles report some nervousness
among cloth buyers as result of politi-
cal uncertainties, but underlying senti-
mert remains hopeful because Of the
stiA favorable position Of manufacturers
on excess stocks, .... .,
Evening star., 1932-10-23
WALL STREET AWAITING
DECISIONS ON DIVIDENDS
By the Associated Press.

BY the Associated Press.
NEW YORK. October 22.-The new
week will bring the boards of num-
Der of important corporations together
for action on quarterly dividends. Un-
questionably the disposition to await
the outcome of these gatherings, par
ticularly that of the steel corporation.
accounts for the curtailment of specu-
lative operation in the share market.
Other important meetings ahead in
clude Consolidated Gas of New York.
American Tobacco, Delaware &; Hud-
son, United Gas Improvement, Coca
Cola and Norfolk G. Western.
Evening star., 1932-10-23
FEDERAL RESERVE RATIO.

BY the Associated Press.
The ratio of total reserves of the
II Federal Reserve banks to deposit
and note liabilities combined showed a
slight rise during the week ended
October l9 as the change was measured
by the Federal Reserve Board In the
table that follows the ratio is given
for comparable periods, as reported by
the board:
The ratio is given for comparable
periods, as reported by the board:
Week ended october 10. GIT per cent
Previous week .61.3 per cent,
Same week last year. 500 per cent.
Evening star., 1932-10-23
OPPOSES ALLIANCES.

The national convention of insurance
companies has taken a vigorous stand
against interlocking directorates or
holding companies for life insurance
companies and also against alliances Of
these companies with banks or invest
ment companies through stock owner
ship.
Evening star., 1932-10-23
LOAN NEARLY PAID.

The bank loan Of S2,50O,OOO, incurred
by the Chesapeake & Ohio Railway last
Spring has been reduced to S750,000
and will be eliminated in the middle Of
November. when the S750,o60 falls due,
New York reports state.
Evening star., 1932-10-23
JOINS INVESTMENT STAFF,

Slauson & White. investment dealers
announced yesterday that Joseph S.
Rutley has become associated with the
firm. He was with the Remington
Rand Co. for six years, is a native of
Washington and has won many cups as
tennis player.
Evening star., 1932-10-23
What Things Cost

Compiled by Standard Statistics Coz
NEW YORK, october % P).-Of
the 25 important commodities in the
following table are higher in price
than last week, IL are lower and 10 re-
main unchanged Three are at their
highs for 1882 and none is at its low:
Evening star., 1932-10-23

(Copyright. 1922
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-15
THE INDIANAPOLIS TINES

he had received only twelve of forty
exhibits placed in evidence.
I was promised the exhibits be-
fore the afternoon was over, but
when finally l received them the
discussion on the particular exhibits
had been completed" Rothermel
said.
Increase in water rates will re-
suit in costs to consumers reaching
a prohibitive level, Rothermel de-
clared, and it will be necessary for
citizens to take steps to obtain
water from other sources.
In its evidence the water COM
pany lists accounts receivable of
S135 900. which indicates unpaid
bills at the present emergency rate, y
Rothermel said. IF an increase is
granted it will be impossible for
many persons to continue the use
of water from the company"
The citizens of Indianapolis will
look to the city to provide them with
water" he pointed out. Consider
able saving already has been made
by sinking wells in Garfield and
Riverside parks for city use, and it
may be Necessary to make use of
these supplies to provide citizens
with water"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-15
Knock Out
That COLD.
Get Rid of 1t Before 1t
Becomes Dangerous!

A cold n an internal infection,
a Germ E lack. Check it promptly
or it Will spread within the Sys-
tenn. The best thing you can take
is Groves Laxative Bromo Quinine.
II stops a cold quickly because
II does the four things necessary.
1. opens the bowels. kills the cold
germs and fever in the system, re-
lie rs the headache and tones the
en- re system. Thas's the treat
mcnt yc..' ~ ut. Get C~o7'es' Laxa-
tive e. 20 GUN tcday at
an dr g. cf nothing
els. s-,-'v. p@r'sc rcllcphane-
wrapped box. Advertisement.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-15
START HOLIDAYS EARLY
Indiana Central Vocation Advanced
Week Due to Influenza Epidemic.

Because of prevalence of influ-
enza on the campus, the Indiana
Central college faculty today de-
cided to start the holiday vacation
season Friday instead Of Dec. %, it
was announced by President 1. j.
Good.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-15
MEXICO RESIGNS
FROM LEAGUE
Economic Depression GiveF
as Reason for Move;
Joined in 1881.
BIZ UHitcd Press

By JIitcd Press
GENEVA, Dec. 15.-Omcial noti-
f1cation of Mexico's withdrawal
from the League of Nations was re-
ceived today by the league secre-
tariat.
The Mexican government said
withdrawal was due to the economic
depression. MeXico's league dues
are 100000 annually The Motif
cation gave the required two years
notice.
Mexico joined the league in Sep
TENDER, 1881, with the stipulation
that membership did not imply rec
ignition of the Monroe doctrine.
Mexico was not invited to join the
league when it was founded in 1919.
when the Mexican government was
not recognized by the United States
and Great Britain.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-15

The state also called Mrs. India
Province, bookkeeper in the bank,
who was kidnapped as shield for
the bandits escape.
Judge John H. Morris overrulled a
defense motion to dismiss the case
on grounds the conspiracy. if any,
was conceived wholly in Delaware
county and not in Henry.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-15
Gone, but Not Forgotten

Automobiles reported to police as stoler
belong TO.
Buick coupe. M-72. from Kokomo, Ind
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-15
TRY WOMAN AS
BANK RODBER
Mrs. Gentry Recalled to
Witness Stand in Effort
to Win Freedom.

BIZ United Press
NEWCASTLE, Ind. Dec. 15.-De-
Tense attorneys recalled Mrs. Irene
Gentry, Muncie, to the witness
stand today in their efforts to OBJ
tain her acquittal on charge of con-
spiracy to rob the Summit bank a
year ago.
The state rested late Wednesday
after summoning Mrs. Gentry's son,
Cecil Ollie, II, as witness.
He testified against his mother.
and told Of visits to her home by
Robert Stewart, Arthur Nelson and
John Silver, all three of whom have
been convicted on charges of rob-
bing the Summit bank.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-15
.FLAYS TACTICS
/. OF WATER co.
IN RATE CASE
RothermeI Attacks Firm for
Not Providing Copies
of Exhibits,

Failure of the Indianapolis Water
Company to provide representatives
of civic clubs with exhibits used in
the hearing on rate increases before
the public service commission, was
attacked Wednesday night by Wal
ter c. Rothermel, attorney for the
central committee of South Side
Civic Clubs.
At the meeting of the committee
in the Garfield community house,
Rothermel, who is representing the
clubs at the hearing, declared that
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-15
DEC. Is, 1882


Research Bureau Is Founded
Formation Of a government re-
search bureau for the purpose Of
assisting public officials in carrying
out an economic legislative program
has been announced by John Z.
Friedrich, Kokomo, president of the
Indiana State Chamber of Com
merce.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-15
BACK HOME AGAIN

S olen automobiles recovered by police
belong to:
Chevrolet coupe found at Raymond street
and Waite River.
She don r. Sayles, 1903 East Sixteenth
street. apartment a. Pontiac coupe, found
at oxford avenue and Twenty-hfth street.
Bert Mickey. $50 Birch avenue, Essex
coach, found rear OF 4l7la Minerva
street automobile stripped of tires and
rims
Ford roadster motor No 324352. wrecked
against light pole, Patterson avenue and
Michigan street
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-15
RI" way UNIONS
Offer COUNTER
PLAN TO LINES
Labor Chiefs Reject Roads
Compromise Proposal
on Pay Costs.
BY RAY BLACK
United Press STAN Correspondent

CHICAGO. Dec. 15.-Railway Ia
Dor unions submitted a counter
proposal to the railroads today for
a one-year extension Of the tenn
porary 10 per cent wage reduction.
The unions reply rejected the rail-
roads request for a six months ex-
tension whcih could be continued
indefinitely under certain conditions.
With this concession, the unions
declared bluntly that ''it is time to
stop talking nonsense about reliev-
ing the dire distress of an industry
by increasing the dire distress of
human beings"
Whitney Is Spokesman
The unions characterized the rail-
roads as part of the industrial and
b financial leadership which guided us
into the depression and has been
unable 20 get us out"
Alexander F. Whitney, white
haired chairman Of 1.-THE Railway
0obpl IIASbdtlFtS AoSOCldJlOn, bOlQ
the seven railroad representatives as
the days session opened here, that
labor was willing to grant the ex-
tension under the following condi-
tons:
That no change, or proposal for
change, in the basic scale be allowed
during the period of the extension,
except during the last month.
Opposed to Plan
That notice of an extension until
March 81, 1894, be allowable during
the last month.
That any such further extension
be conditional on an intention to
negotiate for new basic scale UNI
der the terms of the railway labor
act.
I'VE wish 1t clearly understood"
said Whitney, that we are utterly
opposed to any continuation of the
present reduction. But by the ex-
tension of this deduction, perhaps,
it may be possible to prevent worse
results"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-15
RivetIess Shin to BE Launched

CHARLESTON, S. c., Dec. 49,
The first rivetless, all-welded, self
proelled ship ever built, the Caro-
lima, launched here in January
1880, has proved a success "in every
detail, according to information ir
Shipping circles here.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-15
FOUR HURT IN cRACKUP
Two indianapolis Men Among In
jured in Upstate Accident.

Two Indianapolis men were among
our persons injured today whan
10 automobiles collided on the
I ncoln highway six miles east of
" arsaW.
E. H. Latshaw, 1648 Park avenue,
and H. G. Engle, $50 East Fifty
fourth street, incurred cuts on their
heads.
This most seriously hurt was Sam
-ol Thomas of Warsaw, whose
treast bone was fractured. His
daughter, Mary Belle, was cut and
bruised.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-15

Soft, fuzzy bears that kiddies
just love to hug. Of course
they squeak, are fully jointed;
10 inches tall; $3.50 value.
The midland journal. (Rising Sun, Md.) 1885-1947, 1932-05-20
NOTICE TO CREDITORS

This is to give notice that
the subscriber of Cecil County,
has obtained from the Or
phans' Court of said County,
Letters of Administration on
the Personal Estate of
CHARLES A. SMITH
late of said county deceased.
All persons having claims
against the said deceased are
hereby warned to exhibit the
same, with the vouchers there
of duly authenticated, on or be-
fore the goth day of Nov. 1882,
they may otherwise, by law, be
excluded from ali benefits of
said estate. All indebted to
said estate are requested to
make immediate payment to
the subscriber.
Given under my hand this
18th day of May, 1882.
Mary F. Smith, Executrix.
True Copy: Test
r. J. McCAULEY,
Register.