davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-23

NORTHERN STATES POWER
~ COnIPANY'S application for
registration Of Sl00O0O0O refund
ing mortgage 3 per cent bonds. due
in 1864. incidentally. was interest
ing In two other respects. In the
first place u represented the first
issue Of l0ng-term mortgage bonds
to be registered since the adoption
OF the securities act last year. and
i'm the second instance 10 IS
further indication of improvement
IN the long somnOlent investment
security market.
The northwestern utility is the
third large domestic corporation 10
announce plans to acquire new cap
ital within the last week The other
two were the Standard Oil Com
pany of New Jersey and the Con-
solidated Gas. Electric Light and
Power Company Of Baltimore. The
oil company deal. in connection
with the calling of 500 100000 Of
debentures next February. involves
S37 00O Of new funds.
And it might be mentioned that
the betterment in the new capital
market has not been limited 70 the
domestic scene 4 cable dispatch
from abroad states that the Fin
niSh cabinet has agreed 70 the flo
tatiOn by Brown. Hartman &
Company. leading New York bank
ers. OF a Sl0OOO.O0O loan at 4 per
cent. The loan viii be issued seri-
ally over dve-year periods and the
proceeds viii be applied toward the
refundIng of the nations foreign
debt. About ten days ago a South
American republic completed ar
rangements for a loan from a New
York banking syndicate.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-23
Retail Coal Prices
l. DOMESTIC RETAIL PRICES

The following prices represent quotations
from leading Indianapolis coal dealers.
A 25-cent carrying charge Ger ton will be
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-23
LOCAL CASH MARKET

City grain elevators are paying 81 cents
for No. 3 soft red wheat. other grades
on their merits. Cash corn No. yellow
10 cents and oats 40 cents
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-23

ton to enable those who get them
to vote intelligently.
Control of a great many corpora
ticns is perpetuated year after year
through the use entirely of the
proxy racket. Those who exercise
such control furnish inadequate re-
ports on their policies and actions,
for the most part, and not infre-
quently they assume the attitude
that the properties belong to them
instead of to stockholders.
TINE Securities Act requires full
4 and complete data be available
when securities are offered for sale.
The Securities Exchange Act makes
it necessary for corporations wish
ing to have their securities listed to
furnish detailed information of their
financial condition. The same idea
should be carried out where the use
of proxies is concerned.
When new directors are to be
elected, for instance, stockholders
should be appraised of the qualifi-
cations of those proposed for the
johs. And in the case of re-elec-
tiCns they should be acquainted with
the records of those who make up
the new states. 1t is not enough
that those in control print the
names of candidates on a piece of
paper and request that stockholders
sign their names on the dotted
lines.
Moreover, brokers should not be
permitted to vote the stocks they
hold for clients. Merely because the
owner has borrowed money on his
shares should not disfranchise him.
1t is not at all unusual for the
banker for corporation to canvass
his broker friends for the votes they
control through their margin ac-
counts, and if the votes are not
forthcoming it is possible on occa-
sion to bring pressure through the
calling of loans.
TT may we'll be argued. Of course.
Il that most stockholders are care
less with their voting privileges. But
one of the reasons why such is the
case is that these privileges are
meaningless in most instances, and
the stockholders know it and merely
refrain from kidding themselves. If
they were dissatisfied with the man
agement of any given concern they
would have little or no chance of
bringing about change. The cost
of making a fight would be OUT Of
all proportion to the value of the
shares held, whereas those in con-
trol could use the corporations
money with which to oppose him.
The New Deal for investors will
not be complete until the proxy
racket has been eradicated.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-23
INDIANA TRADE
AIDED BY RISE
IN AUTO SALES
Used and New Car Volume
in Contra Seasonal
October Gain.

Automobile sales made a subStan-
tiaI contra seasonal advance and
we're largely responsible for the
small gain made by the Indiana
general business index during Oc-
tober, according to the bureau OF
business research, school of business
administration, Indiana university
Both new and used car sales were
well above normal and prices were
reduced in order to attract buyers,
it was said. Some lines of ready
to-wear moved slowly because OF
unfavorable weather conditions, but
total department store sales made
seasonal gains in most sections OF
the state. The dollar value Of re-
tail trade was slightly above year
ago.
Industrial employment" the re-
view said, continued to decline and
compared unfavorably with the like
period a year ago. There was little
change in the percentage Of en-
ployes working on full time sched-
ules. Employment in plants manu-
featuring textile products was slight
ly above month ago and year
ago.
Insurance Sales Up
Life insurance sales made more
than the usual seasonal improve
ment. Potatoes, cabbage. onions
and meats led the decline in retail
food prices during October.
Some divisions of the steel in
dustry were a little more active put
total output was far under normal.
Manufacturers Of automobiles or
dered only small quantities of steel.
Manufacturers of farm products use
more steel than in September. Re
tail demand for domestic coal was
light. but Indiana coal mines OF
Grated on schedules above a month
ago and a year ago.
LESS than the usual improve
ment was reported in the production
of electricity. The limestone indus
try remained very quiet. Automo-
bile production had a small contra
seasonal gain. Most auto parts and
accessory plants operated Oh re-
stricted schedules. Furniture fac
tories were a little more active dur
ing October.
Building Activity Low
Building activity remained at an
extremely low level. Minor repair
jobs continued to constitute the ma
jor building activity in some Sec
tions. Bank debts made less than
the usual seasonal gain, but con-
tinued to compare favorably with
the like period a year ago.
THE general level of farm prices
declined during the month ended
Oct. Is, but there was little change
in prices farmers paid for commod-
tiles bought. Relatively good prices
we're received for oats, barley and
corn. Cattle receipts made sub
stantial contra seasonal decline but
remained we'll above normal. Hog
receipts made a good gain.
1.-THE heat and drought of last
summer caused more barren corn
stalks than was realized before
husking began. The late potato
crop was particularly good in the
north one-third of the state. Soy
beans turned out better than was
expected"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-23
Money and Exchange

INDIANAPOLIS STATEMENT
arinEs Neutrality-suspicious.. 81 .8O6. 900 90
,its OBSERVATION-DISCLOSURES 1922. 900 90
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-23
Trends
Conflict of Views in
SEC Seen as
Logical.
BY VINCENT ;. LYONS
Times Financial Editor

DTFFPFSCFS Of opinion have
IL de~elrned In The ranks Of the
securities and exchange commits
sion ~ connection Win the Ies.s-
tration statement tor new i'..-s
az ooHas % me -s.l ,l.'lll
Power company % Al4iiileao-a. -. .--1
breach undoubtedly VIII oe iaHe"
up oT opponents ~ f-l.Ial 4es -.i-
ton and used 70 cisp-Iase TIE
comm.ss- Oh
The sp-lt- = = may De lt--t- 10y 10y
arose over I-e 4++e.-I- 20 N--
proper disclosures q .l.t 49,
ilnanc-a+ -a NAG - -.
FeIc---.i--4 ~ - 80
e VINO ea-A .-.e - ~ -
senate sioux .-a 80
inquire ans. f.'->'. 49,, 70 . -
ch4eI c0AAee4 ot .44@ -'-''
commission ~ rs -.--4-s ~ w,
were ~ TIE OPINION li-a- p- Ope1
disclosures mac not Deen H4aue-
Ine three remaining c--i-il.-a7 III
ers nela Opposite '-tN1' a-.-' - -
seqIen'-F. ".tl me ma lo---f az
preFaL-nE ne reeis.Ii '.oA s-a
ment was cec-1Ieo e.-el-''e-
WHY murh ado should be made
w 80 .re fsr- char the FIVE com
r,...i~-e-- fa5lad to share the same
cn-r-o- = rs-4 m fathom. Prob
sbrv rlrer.e fni- is the first time
fbef = adherence has developed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-23
Chicago Stocks
by Abbott. Proctor & Paine
NeU York Curb

by Thompson & McKinnonl
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-23
FINANCIAL DATA

(As Of Sept. 30l
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-23

NEW YORK. Nov. 23.-Soviet
Russia is sending ShiploadS of gold
bearing ore to Tacoma, Wash. TO
build up a reserve of hard money
for the purchase of American goods.
it was learned today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-23

Latest Stock, Bond and
Commodity Quotations
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1934-10-05
LABOR Halter
Wants Members of Unions
Personally Liable

Nashville, Tenn.-John E. Edger-
ton, president Of the Southern States
Industrial Council, widely known
among organized labor as a 'labor
hater," is reported as urging upon
members of congress the passage Of
a law to make labor unions legally
responsible for their acts" and men,
bers personally responsible for indi-
vidual conduct. In short, he would
seek to prevent workers from organ
izing.
Calling the American Federation Of
Labor a "lawless organization, and
one that has little respect for the
rights Of Others" Edgerton added that
If the next congress has as much
courage as sense, it will stop this bust
ness Of coddling that aristocracy Of
labor by enacting such legislation "a
will reduce it to the level of the COM
mon citizenry Of this country"
Further, the council president said.
Let there be equal laws honestly en-
forced and employers and EMPLOYEES
can, and will, solve their own prob-
lems."
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1934-10-05
LACK OF SAFETY
Measures Blamed for Welsh
Mine Disaster

Wrexham, Wales.-Wanton sacrifice
Of workers lives to the greed of mine
owners who fail to provide thoroughly
modern safety measures and safety
devices, is claimed in the death-deal-
ing explosions and fire in the Gres-
ford colliery, near here.
Several explosions were reported,
followed by fire, in the accident, which
occurred September %. Accumulated
tarbon-monoxide gas in dangerous
quantities halted rescue work, al
though several squads labored heroic
ally to reach the men known to have
been in the mine. Only 16 bodies were
brought to the surface.
There were 261 lamps missing from
the lamp room, and officials now ac-
cept this number as the death toll Of
the disaster.
In an effort to check the further raw
age of the fire, the mine was ordered
sealed by officials, without recovery
OF the remaining bodies, an official
statement stating that further rescue
efforts would be foolhardy.
Pitiful scenes occurred about the en-
trance of the huge mine, where wives
and families of the lost miners plead
ed Historically for some word con-
cerning their men.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1934-10-05

George Washington was a landed
gentleman
But that was incidental to his prop
critics of mind and character.
Carnegie accumulated millions of
dollars
Then founded Libraries to give 9th
ers chance which he missed.
Morgans and Melons show some
gifts
AS accumulators of other peoples
genius.
Getting wealth
Is mainly getting something for
nothing
And keeping out Of JAIL
Getting enough to hire good law
yers
Is large part Of the trick.
There has been cases where it was
also necessary
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1934-10-05

Solomon's fame rests upon his rep
utation for wisdom
Solomon also was wealthy.
In the mere matter of wives-for
his day
Solomon was not so much of an ex-
ception.
But did you ever hear that Croesus
wrote book
Or had any great reputation for
brains
Except in the matter of accumulat-
ing wealth?
Socrates was poor man.
Homer's heirs leave no record of
fighting over his estate.
Caesars friends did not kill him
to get his money.
Wealthy European Hebrew bankers
left few monuments
Their family genius waned after
ons generation.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1934-10-05

But mere billionaires are getting SO
common
None of them will found Croesus
tradition.
The Astors and Girards served a
useful function.
Gathering of wealth was at one
time useful social occupation.
But wealth is a social product
And your ordinary rich man talks
Of how "he made money
When he is really nothing but a
swollen gland.
Rarely does your wealthy person
understand
The social implications-and COM
pulsions-
Of this outcome Of the common la
Dor of the nation.
He is an individualist-
He got lot Of something for moth
ing
And brags about it!
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1934-10-05
Lettuce Workers Leader
Is Jailed in California

Salinas, Calif.-Following disturb
ances in the strike of lettuce workers
in this territory, the Filipino strike
leader, was thrown into jail, charged
with melting riot.
Rufo Canate, president of the Fill
pino Labor Union, is said to have been
leading the strike of his union, this
procedure being distasteful to So
called vigilantes, who burned Fill
pino labor camp without being taken
into the tolls of the law.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1934-10-05
IA Workers "Murdered"
During Textile Strike

Washington.-During the great tex
tile strike, fourteen people were killed
and large number were wounded,
according to reports to strike head
quarters here.
Many hold that these deaths, or the
most of them, were simply legal
murder" on the part of the police,
militia, and armed mill guards, who
were instructed to protect mill prop
erty," but apparently had no such in
structions concerning the lives of
workers.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1934-10-05
Strikes Start
And End Peaceful

Fairmont, N. C.-Here the strike of
the textile workers started peacefully
and ended peacefully, due to the fact
that the mill management refused to
swear in special deputies or ask for
troops.
It is significant i'll this state that
trouble or violence in the strike
started only when armed deputies
were brought in, and followed by
bringing in troops. Mill centers in
this section that refused to have
armed guards or seek the presence OF
troops did not experience trouble
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1934-10-05
WHAT YOU BUY WITH YOUR MONEY
ROSTER OF ORGANIZATIONS

Hall No 1889 Hamilton
BaksU No and sr
nbeu Unnn No 12
list ad B
No Oxford
ChaeusG menadH No
City Fir 20 p
Capene eranJd NJ 32d
Macmb IAN A
Metal HserNo Alternate G. BRANDED Pleasantly
Ice CD river = So
dder' Uio No Every Monday 7 C No - Nh No t
l. No Auxiliary s days Temple
1AB
Musician No 3D. tundam Temple Vessel No
Dec Paper Hg thu Byrd Reservoir
Pattern Makers 2aAh T C VIM Femgen Rdgdawn
1% SSnd
10 8 nj Hoses. sycamoe
PytaAe
T. c. low It.
14 NJ c FREQ Hook Cincinnati
to Moore Hud Ave
No.
s M C ur EmoAve
Welsh khcmeM MooeH
T Jse, Campbell
S.
2o Martins schor7o % Gray
M RosoaR No
LABoR
2n nand4 4A Thursday
T Han Mrs B Mcintosh. 81
Amag gad AGaGo h
rh Columbia Ave
T. C. Labor TempeH
7o T. c. -.~.-.N Ford Eage eBrbrso
Pine
47 Ev Eo J. rbdn Harrison
c. R No
T A. 6CasenH
Stage Employees No oHo P }. Box
N ~EeryFnd Hall
Monday Hall.
T.
Aunn1 l
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1934-10-05
LaborQueriies

Questions and Answers on La
Dor: What It Has Done; Where
II Stands on Problems OF the
Day; It's Aim and Program;
Who's Who in the Ranks OF
the Organized Toilers, etc, etc.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1934-10-05

To hire some makers of laws
Not to mention the judges who in
terpreted the laws.
In the face Of some recent occur
rences-
1t is too much to say that we are out
of that era.
All of which is apropos-
Of the wisdom displayed by the su-
permen--
Who have been in possession of the
source Of wealth
In the richest nation of the world
During the last fifteen years.
Some Of them have some fine collec.
tions of Chinest pottery
Others have succumbed to the wiles
of picture peddlers-
Certain Of them have ruined lot
Of good scenery
Trying to build palace to fit their
egotism.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1934-10-05

How many local unions are
there in the national and interna-
tional unions affiliated with the
American Federation of Labor?
A.-32, ,684. There are 100 national
and international unions.
Q.-What does labor hold is the
basic principle of relief for the unem-
ployed?
A.-The A. F. of L. executive coun-
Gil says in it's report to the San Fran
cisco conventions: work is the key
note of any relief program. A well
planned program of public works and
national conservation is the most di-
rect way to start up the depressed
heavy or durable goods industries"
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1934-10-05
Truths POndered While
Riding at
Anchor
Then gently scan
your brother man.
BY Mr.. MOdestus-.

by Mr.. MOdestus-
Every rule has one or two excep-
tions-
II it has more than that-it is not
. rule.
Solomon was the exception
Perhaps you can find another
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1934-10-05
se Patronize Hamilton Industries es
|PainI


When your head
aches; when Neu- ~
ralgia tortures you:
when Muscular Pains make you
niserable-take q DR.. Miles
Anti Pain Pill
Mr.. Smith Is one of millions
who have found this easy way to
prompt relief. He says
Il keep DR.. Miles Anti Pain
Pills in my pocket and ,Dhen |
get dull heauy feeling in my
head, take a DR.. Miles Anti
Pain Pillandthe pain passes of. !.
Or. MILES
-ANEe-RlSN plalS-
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1934-10-05

Clarice-Don't you think George
dresses nattily?
Flourine-Natalie who?-U. s. S.
Melville Job Order.
Evening star., 1934-03-04
BY JOHN, COOLEY.
Associated Press Financial Writer.

BY JOHN, COOLEY.
Associated Press Financial Writer.
NEW YORK. March 3.-Financial
markets apparently did not have the
courage of their convictions today and
most of them failed to follow through
ON yesterdays revival.
Stocks started out as though they
would duplicate their late flourish of
the preceding session, but the bullish
spasm was brief. After the first few
minutes traders started taking profits
and prices mulled about in a narrow
and irregular range to the close.
Proponents of the advance were still
bouyed by bright trade and industrial
news At the same time. confidence
in the forward movement of equities
was tinged with high degree of
caution based in part on pending de-
velopmentS at Washington.
Pessimism regarding the bill for the
Federal regulation of security ex-
changes did not seem to be SO wide
spread-the belief was expressed in
various quarters that the measure
either would be substantially amend
ed or even fail to pass this session.
But there was a disposition to attach
considerable Importance to next
weeks N. r. A. convention in the
Capital
In line with the meeting of the re-
covery forces, much interest was ex-
pressed in the address which Presi-
dent Roosevelt is to make to the dele
gates. In some quarters it was ex-
pected that the administrative pro-
gram would be further clarified. and
that industry might be told what it
can count on in the way of a greater
reduction in working hours.
Brokerage circles reported that some
clients, while waiting for completion
Of the revised N. r. A. program had
decided to tighten commitments
The turnover in stocks amounted to
only 798,820 shares, the smallest Sat-
urday aggregate since January l3 last
Most of the leaders backed and filled
diffidently. While the close was steady
the average for 90 selected issues was
unchanged at 87.9.
International dollar rates furnished
no stimulus, being virtually un-
changed.
The metal stocks had a brief up
ward furry on word that the House
coinage subcommittee would report a
bill for the purchase of large amount
of foreign silver in exchange for
American agricultural products. The
squirt was only momentary when 1t
Evening star., 1934-03-04
AGREEMENTS SIGNED.

United Air Lines, now operating in
20 States, and Greyhound Bus Lines,
have signed interline agreements
providing for the exchange of traffic.
This will enable passengers to make
reservations at bus line ticket Offices
for connections with United Air Lines
planes.
Evening star., 1934-03-04
was realized that this bill probably

was realized that this bill probably
might encounter many difhculties In
Congress.
The bright 1888 earnings statement
of Sears Roebuck drew a following to
this issue. and the shares closed with
gain of nearly point. Union Pa
ciflc and New York Central eased
American Telephone and Consolidated
Gas were off slightly. United States
Smelling gained a point and Ameri-
can Smelling was trifle higher
United States Steel eased The rub
bers were fairly firm. but the aircrafts
did virtually nothing. General Mo-
tors was bit higher and Chrysler as
much lower.
Evening star., 1934-03-04
SALES INCREASE Barred
BY SAFEWAY STORES

BY the ASsocia ted Press.
NEW YORK, March 3.-Sales of
Safeway Stores during four weeks
ending February "a totaled SIT. .508.-
28e compared with $l5.375 .858 in the
same period year ago, an increase
OF more than Is per cent. Stores
in operation numbered 1895 compared
with 1854 last year.
Evening star., 1934-03-04

lO6 STA &C p 4 L LIST (s)...
1914 IL Kans City South. ..
26 Is. kans City South pf.
Ga. g., kaufman D y h2Oc.
18h 1874 kayser & Co th25cD
25 20 keith-Albee-Orp IF
~ 2h Kelly Spring Tire.
20 IL Kelly Sp Tire 81 pf
10 I kelsHy-Hayes "a. .
~ pa kelsey-Hayes OBJ. A..
20a, liza kelvinator 12Ac...
80 65k Kendall Co pf co..
20 1854 Kennecott Copper.
l8 IL Kimberly-C Clark. 80.
s J Kinney &C RI Co.
22~ l3a, KresgS IS 81 (S0c).
1917, l0l kresss tS 81 Of ~
7h pr kresge Dept Stfs. .
40 ls KresEe Dep Strs pf.
SIS 80 kress g HI (flD...
321i 23M kroger CAB t1lh).
Evening star., 1934-03-04
STOCKS IRREGULAR
At WEEKS CLOSE.
Profit Taking Started After
Brief RalIy-ChangeS
Small.

WHAT STOCKS DID.
Evening star., 1934-03-04

15;s 12nl Ono OH.
3sa Oliver Farm Equip.
27H IL oliver F EQ pr pf A .
Ga 5h Omnibus Corp.
95 80 Omnibus pf A 80.
14h ia Oppenheim Collins.
1894 14aA Otis Elevator t6OcD
l0l 92 Otis Elev pf go.
y A. Utis Steel ........
25 2 Otis Steel pr pf.
- 1874 Owens-Ill Class
Evening star., 1934-03-04
WASHINGTON STOCK EXCHANGE
YEAR 1884

w. Wahnson
SALES OCCURRING WASHINGTON
INCLUDING
Evening star., 1934-03-04

CONTINUED on Page -
Evening star., 1934-02-15
RAPID IMPROVEMENT
is SEEN IN BUSINESS
Presidents Financial Adviser
Halls Credit and Monetary
Policies

BY the Associated Press.
ITHACA, N. Y, February l5.-Dr.
George F. Warren, financial adviser TO
President Roosevelt, yesterday hailed
the Presidents credit and monetary
policies ~ having achieved o very
rapid" improvement In general busi-
ness since the suspension of the gold
standard.
The analysis setting forth DIR. War
ren's findings was prepared for the
New York State College Of Agriculture
at Cornell University and was signed
by him and his colleague, Prof. Frank
A. Pearson. They are agricultural
economists in that college.
Declaring that suspension Of the
gold standard and other policies have
reduced the force Of the depression, u
the analysis adds: Full recovery viii
not occur until q suf1cient volume Of
employment occurs so that the vacant
houses viii be occupied at rental rates