davidaulloa/AmericanStories huggingface dataset:
Evening star., 1934-11-29

A Friday Bargain sale including
clarets, highball glasses. water
tumblers, fruit juice glasses.
Palais Royal-Fifth Floor
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
Unemployment Decreases
IA Per Cent During April
Increase in Mining Group
Overcome by Drop in
Other Industries.
By Times Special

By Times Special
NEW YORK, May 28.-The total
number of unemployed in the United
States in April of the current year
amounted to 100000, according to
an estimate of the national indus
trial conference board issued today.
This is a decline of approximately
114,00O or about IA per cent from
the March total and a decline OF
1926 or 40.1 per cent, as compared
with March, 1888, when unemploy-
ment was at the highest point.
Unemployment increased $4,000 in
the mining group, but was overcome
by decreases in other various indus
tries. Decreases reported in the lat
ter groups include: Manufacturing
and mechanical, $4,000; transporta-
ton, 1000; trade, $4,000; domestic
and personal service, 5000, and 5000
in miscellaneous occupations.
In addition, it is estimated that
$1,000 new workers became available
for employment during the month.
Unemployment has decreased since
March, 1888, in all industrial groups
for which figures are available, it
was reported.
Decreases were especially marked
in manufacturing and mechanical
industries. The number unemployed
in this group of industrials in April
of the present year was 100000, a
decline of 3,923,OOO, or Gil per cent
from the peak of unemployment in
this group in March, 1888.
Prom March, 1888, to April, 1884,
the number of unemployed workers
in other groups decreased as fol-
lows: So per cent in trade; 29.7 per
cent in domestic and personal Serv-
ice; 141s per cent in the extraction
of minerals, and Ill per cent in the
transportation division.
The above estimate includes
workers employed through the pub
lie works administration, while
emergency workers employed under
government auspices, usually part
time, in lieu of direct unemployment
relief are not included.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
REVENUES FROM BUS
OPERATIONS ADVANCE
Increase of a Cents a Mile
Shown in Quarter.
BIZ Times SpeciaL

By Times Special
NEW YORK, May 28-Revenues
from bus operation, covering all
classes of carriers for the first three
months of 1884 are four cents a
bus-mile higher on the average than
in the same quarterly period last
year, and passenger revenue bus
mile is higher than in any similar
period for the past four years, Bus
Transportation reports in it's May
issue.
The revenue range a buS-mile runs
from a low of 2269 cents for the
city and suburban group to a high
of 24.92 cents for the carriers in the
intercity group. Operating expenses,
exclusive of depreciation and prop
erty rents, take 1856 cents a bus
mile on the average for all COM
panies, leaving slightly more than
7 cents with which to meet taxes,
depreciation, rents and interest
charges when figured on a bus-mile
basis.
NET income from bus operations
tn efore," Bus Transportation
states, was sufficient after meet
ing the cost of service operated to
show a profit. This profit, though
small, looms large when compared
with the losses that were current
last year and amounts to a gain of
$144 for each bus owned. In other
words, in 1884 the profit per bus
operated was $9787 as compared to
loss of $64.40 during the previous
year, an increase in net income of
224 per cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
SWINE VALUES
UNCHANGED TO
5 CENTS LOWER
Cattle, Lambs Stationary;
VeaIerS Weak at
$6 Down.

With exception of underweights
remaining unchanged, porker prices
moved around cents lower than
Saturdays average in early trading
at the Union StockyarGs this morn
ing.
Activity was light in the majority
of classes and receipts were slightly
above normal. The bulk of 100 to
$50 pounds, sold at $3.45 to $685..
Initial top held at $780,
Weights ranging from 100 to 160
pounds were selling at $2.65 to $3.15,
while light slaughter pigs, scaling
100 to $50 pounds, brought 81 to
$2.40. Receipts were estimated at
5000. Holdovers, 297.
Largely steer and heifer run was
on hand in the cattle market, with
prices around Saturdays close.
Bidding on COWS was slightly lower.
All choice grades were scarce. Re
ceipts numbered 900. Veal prices
were weak, ranging from Sc down.
Receipts we're 900.
Lamb values held practically I'M
changed in dull trading. Bulk OF
spring lambs sold at So to $11.
Slaughter sheep ranged mostly from
$3.50 down. Receipts were 600.
Early bidding was slightly lower
on hogs at Chicago, with no sales
reported. Asking held around Fri
days average. Receipts were esti-
mated at $1,000, including $4,000 di-
reefs; holdovers, 1000. Cattle re-
ceipts numbered 10000; calves, 1000;
market, steady. Sheep receipts,
5000; market unchanged.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
SECURITIES RISE
FRACTIONS IN
DULL TRADING
Steel Shares Improve as
Youngstown Boosts
Operations.
BY ELMER C. WALLER
Times Special Financial Writer

NEW YORK, May 28.-The stock
market opened firm today with
trading dull.
Cotton was little easier at the
opening while silver moved listleSs-
ly. Bonds were about steady.
On the stock market changes
were better, led by Republic, which
jumped a point to 17A as advices
came from youngstown on stepped
up operations of the company.
United States Steel was 4 i'm
proved at AIS, while Bethlehem
Steel showed q point gain at 3435.
Rails were steady except Atchison,
which dropped q of point to 5415.
New York Central spurted q of a
point to 1874. Chesapeake & Ohio
gained Is to ass.
In the industrial list Du Pont
opened with 4 point gain at 8514
and then advanced to Sc. Metals
were fractionally higher. General
Motors was up Is at 1915 and Chrys-
Ter showed the same gain at 40.
American Telephone was up 4 at
11412 and Consolidated Gas showed
a fractional gain at 327s.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
Other Livestock
by Times Specially

LOUISVILLE, May 8.-Cattle-Receipts,
500, slaughter classes, in light supply;
market opened active, later trading slowed
down. slaughter classes generally Csc
higher than last Monday; few early sales
up more; bulk common to medium grade
steers and heifers:, $4.75Q55O; nothing
good included; bulk beef cows, $363; IS;
good. 81 and above for heifer type: low
sausage bulls. 1918 down; stockers and
feeders absent. Calves-Receipts, 600;
market mostly soc lower, considering
stricter sort; bulk $3.50 down; strictly
choice vealers S. Hogs-Receipts, 2100,
including 1873 direct; market steady with
Saturday. or steady to SC higher than last
50 O5; 12O-145 lbs, 50 20; 1oO-120 lbs. s1.7O;
soWs, S145. Sheep-Receipts, $500; mar
ket not established on spring lambs most
bids soc lower With sellers generally, ask
better trucked in eve and wether spring
lambs $40; generally asking .Sl025 with
choice longhaul and overnight lambs
higher: clipped lambs. $3.50 down; fat
ewes. ST .50Q2.50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
U. S. GOVERNMENT BONDS
by Abbott, Hoppin g. Co..

(By United Pressl
4
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
ENGINEERING AWARDS
DOWN IS PER CENT
State, Municipal Contracts Total
$11,8S6,OOO in Week.

By Times Special
NEW YORK, May 28-Engineer-
ing awards for this week at $20,027,-
600 are Is per cent below the aver
age week to date, according to En-
cheering NewS-Record. The drop
is in state and municipal work
which totals only $11,8S6,OOO for the
week while federal work at $685.
600 is 145 per cent higher than last
week and slightly over the average
week to date. Private awards at ST.
$4,000 are ahead of last week, but
so per cent below the average week
to date.
The drop in public work is in
highways and bridges. Street and
road awards for the week total only
$5,115,00O and bridges 100000. Pub
lie buildings are higher this week
S., 900 as are sewerage contracts
at $1,478.000. Earthwork drainage
and irrigation are also up to So
100000.
Sales of state and municipal
bond issues for new productive pur-
poses increased to the third high
est week of this year. $9.752.OO0.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
On Commission Row
May %
Fruits


Fruits
s1.75i fancy Winesaps, s2.i5G25O.
Cherries-California, 16-lb. lug, $3.50.
Oranges--California sunkist, s4.25@4.75;
sI Lem nom: s6.75; Red Ball s625.
rapefruit-F1orida Seedless, So; 1904.
oars; Premiers. 2;25d2.5O.
Cantaloupes-Californ Pony crate,
$2.5ojumbos, 45s, $3.50; standards. SS25;
Pears-Calavos 81 per box.
eapples-Cuba, all sizes, crate, S3.25.
Bananas-Per pound, SC.
Vegetables
Cabbage-Mississipp 50-lb. bag. SIPS.
Celery-FIorida. $3.50 crate, mammoth
bunch, 90c; medium bunch, Coo.
Onions-Indiana yellow. 50-lb. bag, Use.
bag S1.60; Red River Ohios, $3.50: Maine
Green Mountain, S190; Colorado McClures
S. Idaho RuSSetS, 100-lb bag, 81 90; New
Texas Triumphs, S2.10.
Sweet Potatoes-Tennessee Nanny Halls,
.Asparagus-Home grown. dozen. COCO
SIPS.
Beans-Round, stringless, $3.50.
Beets-New. Csc a dozen.
Carrots-California 6-doZen crate, 50 so;
Cauliiower~ California, $3.50.
Lettuce-Hot house. 15-lb. basket 9oc;
Iceberg best; s4.5OG5.75 a crate.
Peas-28-lb. hampers, S2.75
Radishes-Home grown buttons, soc a
dozen.
Rhubarb-Home grown, dozen, 3Oc.
SpinaSh-Home grown. buShel Csc.
Tomatoes-Repacked. 10-lb. carton. 81 so;
original Mexican, 30-lb. lub $3.50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28

Air REDUCTION. .
Allied Chem -.
Am Com Alcohol
Col Carbon ....
Com Solvents. e.
Du Pont ....
Freeport Tex e.
Math Alakli .
Montoson Chem .
Natl Dis new .
Ccheneley Dist .
Tex Gulf Sulph .
Union Carbide .
U S Ind Alcohol .
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
New Bond Offerings Higher
By Times Special

4 tHFto SPUUEUF
CHICAGO, May 28.-New bond
offerings for last week totaled $16,-
800 400 compared to $6,175,000 a
week ago and $10,177O0O in the
same week for 1888 Corporate
bond maturities during the month
of June will amount to $86,111, 800,
according to the reports of the
Standard Statistics Company.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
Cash Grain
(BY United Pressl

CHICAGO. May 26.-Cash grain: Wheat
csogrn-No. 2 yellow, sax G55c; No ) yellow,
S334 sac; No, white, 591aG6oc; Lake,
&c., No. 8 white, 38lac; No. 4. white. 37c.
Barley-2 cars. at 88c; quotable. 45Q 88c.
bellies, So so.
TOLEDO. May 2e-Grain close: In
elevators. transit billing. Wheat-No. 2
red, 12G95 12c. Corn-No. 2 yellow, STA
SIC; oatsnoNo. white, 4lla@42lac. Rye
No. 2, 64G65c. (Track prices 28l2c
rate). Wheat-No / red, 9fG91lac: No
2 red h. 9O@9Oihc. CcornmNo; yellow, $50
@52c. 0ats-.No. 2 white, 38@39f2c; No. 8
white 37l2Q39c. Seed close: Clover
Cash, s8-25. Alsike-Cash. So so.
ST. LOUIS, May 26.-Cash grain closed:
W VIII t. fair demand Zee higher on red
91?4c; No. 3 red, 91c; No. red garlicky.
91l2c:. No. 2 har'. 9224c nominal Corn
In fair demand unchanged to 1ac low
er; No yellow. SIC, No; 3 yellow; 5412@
mand unchanged; No. 2 white, 38l2c; No.
3 white. 38c.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
Produce Markets

: Delivered in indianapolis prices: Heavy
hens. &c; 1eghorn hens. 7c; 1894 boilers 2
lbs and over. 1ac; under, 2 lbs. .16c; Leg
back boilers, 12c springer-stags. &c; large
springer-stags, &c; old roosters. ducks and
geese: &c; young guineas. ~ to 3 lbs,
country run eggs loss off 10c. Each full
case must weigh 5 lbs. gross; a deduction
OF 10 cents q pound for each pound under
27c: No. 2, 24@25c Butterfat, zoe Quoted
by Wadley Company.
tBy United Pressl
CHICAGO, MAY %. = Eggs = Market,
steady: receipts, $40 cases; extra flrsts,
ceipts, 121a613Hc; dirties No. l, 12c; No.
2. 111ac; checks No. l. 1112c; No. 2, lie.
BHntteraeMaarketSo steady; receipts. 1891
seconds 86-87{3 score, zoe; extras. 81 81
score, 23c; specials. 23ia@24c; standards,
2294c. Poultry,-Market, firm; receipts. 70
&c; geese, &c; broilers, 1S1a@2Ol2c, Leg
horn; turkeys. 15c; Leghorns, 81a691ac:
c Sp unquoted barebacks; 16@1812c;
l3c: Longhorns. 13Ad131ac; daisies, 1874
@13c; Potatoes. old stock-Supply mod
crate: demand and trading good; market,
wisconsin Round White. s1.1o@i.25. New
Stock-Supply moderate: demand and
Triumphs. $1,000 19O Louisiana Triumphs,
s1;SO@ 100; Mississippi Triumphs. ST f5G
! so; Texas Triumphs, S1.656 a 185. Arrivals
10; on track, 272; shipments Saturday
NEW YORK May -Potatoes-steady:
southern, s1G3.50 barrel: Maine. S1M25O
s barrel BRermdai S.. Sweet potatoes
basket, 75cMS1 IS. Flour-Firm: springs
patents, S7.15GH.4 40 barrel. Pork-Steady;
mess. s2O.25 barrel. Lard-Easy; Middle
West spot. s4@41O per loo lbs. Dressed
poultry-7Dull; turkeys. 12@27c; chickens,
ga 29c; broilers, 119@29c: capons 2iG34c;
fowls, 13G18c: ducks, 106 13c; Long Is
land ducks 141ad15c. Live poultry-Duil:
geese, Ga 7c; turkeys. .1O@17c; ROSTERS, Sc:
ducks. ga l2c; fowls, 15@18c: chickens, &c;
capons. 22c; broilers. 12628c Cheese
Quiet: state whole milk fancy to specials.
18G l9c: Young America, 14G1414c.
CLEVELAND, May s.-Butter-Market
steady 6 extras. &c; standards, 2694c. Eggs
rent receipts, 13lac. Poultry market steady;
colored fowl. 6 lbs. and over, lac; col
ored fowl medium. lac: broilers colored
ordinary, ,23Q 24c: old roosters, &c; ducks,
white; lbs. and up. 14G15c. Potatoes
FLORIDA. s4,85 per bbi.; Maine, best. s145@
I'D per 100 lbs. sack; Ohio best, $3.50
1875 per 100 ID. sack
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
Montgomery Ward Sign Lease

By Times Special
CHICAGO, May Designing of a
long term lease for large five story
and basement building in Louisville
was announced today by the Mont
gomery Ward & Co. Remodeling
is to begin June 1, and the new
store is to be opened early in the
autumn. Approximately $4,000 will
be spent on remodeling.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
April Profit Reported

Natomas Company in four
months ended April 80 had a net
profit of $3O0.229 after depreciation,
depletion, federal taxes and other
charges, equivalent to 80 cents a
share on the common stock. Net
profit during April alone amounted
to $79, 481 after all charges against
$93.052 in the previous month.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
DOMESTIC PRODUCTION
OF BEET SUGAR CUT
Output Limited to 1,556,166 Tons by
AAA Under New Act.
BIZ United Press

By United Press
WASHINGTON, May %. - Do
nestle production of beet sugar was
limited to 1,556,166 tons by the
agricultural adjustment administra-
ton in accord with the new sugar
control act.
Production was split among twen-
ty-two processing firms, in ratio
with past production. The limita-
ton cuts domestic production &c
below 1928 output, but is higher
than most recent years.
Eastern beet sugar areas will be
allowed to grow 4,423,69 bags Of
refined sugar. Western areas were
allotted 24,663,5O2 bags.
Insular quotas will soon be es-
tablished. The AAA left 161, 1903 bags
unallotted to allow for adjustment
if necessary. Individual acreage al
lotments will probably not be made
due to the advance of planting.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
SEARS, ROEBUCK SALES
SHOW SHARP INCREASE
Advance of 3O.6 Per Cent Made Over
Previous Year.
By Times Special

By Times Special
CHICAGO, May 28.-Sales of
Sears, Roebuck & Co. in the fourth
period ended May 81, showed an in
crease of 3O6 per cent over the cor
responding period of last year.
Sales during the four weeks
period ending May 81 amounted to
$27, 485, 073, against $21 ,O5O,5 in the
same period of last year. This is
an increase of $6,434,571.
The May period sales brought
business so far this year to $93,974,-
sos, compared with 69,612,587 in the
same months of 1888. This shows a
gain of 4,362,00 or IS per cent.
Volume of sales in May was 17.8
per cent greater than in the same
period of 1882, but 8.6 per cent be-
low the 1881 figures.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
Other Livestock
BY United Press

than Friday; 100000 lbs. $S.50G3,55: top,
9S8 p sat Ds a6d hs s p psans 80
$265@3;. light lights 14O-16O ibs:, good
aadn0d choice, $2.75@3;35; light. weight 16O-
dunn weights. 2OO-25O lbs, good and
choice. $9.4O@3.5 S.; heavy weights, 25O-35O
lbs, go 90 a aT Choice: $S4O@355 packing
81 .40@31O; slaughter pigs, 1OO-13O lbs.
good and choice, S175@275. Cattle-Re-
ceipts, $4,000; calves, receipts. 1000; me-
to Csc lower; mostly 15@25c lower eT'" on
lower grades; all light cattle. 15625c low
er; comparatively little, done on all killers,
down; not many steers here; top 1513-lb.
with weight $8.25Gg75; slaughter cattle
choice. $5.50G75O 9O0-1, 100 lbs, good and
choice. S5.75@8.25; 1,100-1 300 lbs. good
and choice. $6.25@9;5o; 1901, 500 lbs,
common and MEDIUM, s375@675: heifers,
550-750 lbs. good and choice, $5d6,50
Sc sa "a and medium r $S@5 COWS g999d
$50; low gutter and cutter, $125.@225;
bulls, yearlings excluded, good beef, $3@
medium, S4@5; Gull and common. $364:
stocker and feeder cattle: steers, 55O-1, O5O
and medium, $2.75G4.75. Sheep,Receipts,
5000; lambs, steady to Csc lower: SPRING
ers off most. sheep, steady; extreme top
springers,, SLIPS, others, $11 down; bulk
shorn ewes, $1Q250; slaughter sheep and
lambs: spring lambs. good and choice.
lbs. down, good and choice, s815G 65
common and medium, $675@815; 9O-98
lbs, good and choice. $8.1563.65; ewes, 90
$50 lbs, good and choice, S175d250: all
weights, common and medium S1@2.
LAFAYETTE May -Hogs-Market.
steady to SC lower; 100000 lbs, SO 40;
10000 lbs. SO .20@3.3O: 14O-16o lbs, 81. IS
lbs, S1.75d1 100; roughs, S2.75 down; top
calves. SIS; top lambs. $3.50; spring lambs.
FIT WAYNE. May 8-Hogs-steady to
10 cents lower; 25O-3oO lbs $50; 2O0-25O
lbs S3.45; 10000 lbs. S3.35: 30o-35O lbs.
13O-140 lbs. $240; 12O-130 lbs. $21O; 100
100 lbs, S1.90; roughs. $3.50; stays. S.25.
Calves, $3.50. Lambs. SO.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
CHICAGO FRUIT MARKET
nv limited Pressl

CHICAGO. May 2s.-AppIes- Michigan
Southern. 8Ocds1 bushel Spinach-Tlli-
nois. 50c@s1 bushel; Beans--Southern
Cucumbers-Central western dollhouse, 85c
S1.25 "a dozenl. Tomatoes-Texas. s2@
$50 lug box Sweet Potatoes-Tennessee
S1.85@1.90 bushel Mushrooms-Illin
256 a soc lb. cartons) Asparagus-Illi-
nois. 75cGS1.50 crate. Strawberries-Illi-
nois. S1.75G2 GA qts0. Onion market
so ID. Sacks): Texas Fellows. 75cm$1:
Texas White. 75cGs1: California White.
SI05MS 81 IS
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
Wall Street
Reorganization of United
Aircraft Will Aid
Stockholders.
by RALPH HENDERSHOT-
Tir,as SpeciaI Financial Writer

n EORGANIzERS of the United
IN Aircraft and Transport Cor
poration obviously were much more
investor-conscious when they drew
up plans for a division of the COM
pany's properties than have been
reorganizers of any other important
concern in recent years. 1t may be
said, too, that the stockholders
protective committee, which was on
=
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
FREIGHT CARLOADINGS
SHOW IMPROVEMENT
Increase of 9,4O3 Cars Reported
Over Last Week.
By Times Special

By Times Special
CHICAGO, May 28.-First in
crease in three weeks was reported
in carloadings Of railroad freight
traffic. Carloadings for the week
ending May 10, totaled 9,403 above
the preceding week and 1923 high
er than the same week a year ago.
The gain last week over the pre-
ceding week amounted to 1.6 per
cent, slightly greater than the sea-
sonal average for this period.
This is only about $4,000 cars I'M
der the high peak Of the year,
reached last March.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28

Viz JOH w
the work was
being done, was
really interested
in pro tecting
S t ock holders
rather than in
trying to find a
way to sell them
down the river.
One of the i'm
portant provi-
sions which will
go into She by
laws of the
three companies
which will merge
after the reor-
ganization states
that bonus pay
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
Treasury Statement
by United Press

WASHINGTON, May 2S-Government
expenses and receipts of the current fiscal
year to May 25, compared with the cor
responding period of the previous fiscal
year:
This Year Last Year
Expenses $6,322, 677. 43411 81 641, 526, l53. 90
Receipts S2,697 1913, 759 .09 S1,771, 421 Asa. rs
Deficit s. 62487S,67502 $3.50 lO4, 7OO76
Cash Bal. 81 051, 210 10
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28

ments to officials must be voted
upon by shareholders. Another pro-
videS that salaries in excess OF
$4,000 annually must be approved
by a tWo-thirds vote of the entire
board of directors. The object OF
these two provisions is to prevent
officials and directors from draining
the resources for their own benefit.
And it is going to be difficult for
any one group to gain control OF
the companies and hold it exclu-
sively. At all elections of directors
each stakeholder will be entitled to
as many votes as shall equal the
number of his shares multiplied by
the number of directors to be
elected, and he may cast all OF
these votes for one or more direc-
tors if he so elects. This means
that a minority group could gain
representation on the board quite
easily by concentrating their votes
on one man.
1T is refreshing to witness the OBJ
l. viouS attempts at fairness to
stockholders by such large cor
poration and by the members OF
this stockholders protective COM
mittee-which, incidentally, includes
such important personages as
George Gordon Battle, the attorney;
ex-Congressman Martin G. Ansorge,
George Brokaw Compton and
others. It is to be hoped that it
represents a trend in corporate
financing rather than merely an in
cident.
1t is interesting to speculate on
what factor or factors, if any, were
responsible for the inclusion Of such
drastic provisions. Was the desire
to protect the stakeholder as sin
cere as it appears? Did the cor
poration really catch the spirit of
the new deal? Did the fuss made
over the air mail contracts have
anything to do with it? Were the
members of the protective commit
tee responsible for it? What
prompted them to serve? Later de-
velopments may or may not reveal
the answers.
TT looks very much as if the ques-
i ton of whether big business will
recognize labor unions in its deal
ingS with employees will be answered
shortly. The Amalgamated Asso-
citation of Iron, Steel and Tin Work
GERS, in Pittsburgh, has decided to
Mll stike in the steel mills on
June 16, and Tom M. Girdler, chair
man of the Republic Steel Corpora
ton, has said he would close the
company's plants rather than recog-
nize the union. While the govern
ment probably can be counted upon
to seek a peaceful settlement Of the
differences, it looks very much as if
it might be one of those things
which can not be arbitrated.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
FEDERAL FARM LOAN BONDS
(By Blyth & Co., Inc)
Home Loan

As July 1, 1851 .......... 1919 lola
Federal Farm Mortgage Corporation
3As March is, 1904 ...... 100.22 10029
Note-The two latter quotes are in
thirty-SecOndS
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-05-28
\. Y. Coffee, Sugar Futures
COFFEE
Retail Coal Prices

The following prices represent quota
lions from leading Indianapolis coal deal
ers. cash discount of Is cents per ton
is allowed.