davidaulloa/AmericanStories huggingface dataset:
Evening star., 1934-03-17

Prof. Fordney is professor of criminolosy
at q famous university. His advice is
when confronted with particularly battling
cases. This problem. which has ONLY
ONE POSSIBLE SOLUTION. has been
taken from his case-book covering hun
dreds Of criminal investigations.
Evening star., 1934-03-17
French Services.

la Tentation" will be the subject
of the sermon by Rev. Andre Frank
Liotard at the French service at the
New York Avenue Presbyterian Church
tomorrow at 4 pm.
Evening star., 1934-03-17
DR.. BERRY AT ST. .LUKE'S
New Jersey Rector to Preach To-
morrow Morning,

The guest preacher at st. Luke's
Church tomorrow at IL am. will be
Rev. Louis H. Berry, rector Of st.
Phillips Church, Newark, N. j. A
graduate Of Howard University Col
lege of Liberal Arts, 1918, he did his
theological work at General Seminary
and received his masters degree from
Columbia. Holy communion will be
celebrated at am. Following eve
ming prayer Wednesday night, con-
Rev. Louis H. Beery, rector of st.
Quoted by Rev. L. A. King, the Wom-
ans Auxiliary will meet.
The choir, under the direction of
Louis N. Brown, organist and choir
master, will render on Good Friday,
at pm. Du Bois' Seven Last
wofds."
Evening star., 1934-03-17
SOCIETY WOMAN DIES
Mrs. Bradley Martin of New York
Succumbs in California.

Succumbs in California.
PASADENA, Calf, March II (R.-
Mrs. Bradley Martin, New York So
ciety woman, died in the Pasadena
Hospital yesterday. She was operated
on for appendicitis several days ago
With her husband and their son
Townsend Martin, she arrived here q
week ago for a Winter vacation.
Evening star., 1934-03-17
Metropolitan Wesley A. M. E. z.

Rev. w R. Lowell of California will
be the guest speaker at IL am.
Preaching at 8 pm. by the pastor,
Rev. J. w. Mccoy.
Evening star., 1934-03-17

CENE AND GLENN are bringing
~ back their Jake and Lena to the
networks. They have a night spot
on N. B. c. at Gas, Mondays and
Fridays. inclusive The contract, iust
signed. calls for the start April 2.
Evening star., 1934-03-17
CAPITALS RADIO PROCRAMs
WMAL 63Ok WJSV 1,460k VOL l,3lOk

Eastern Standard Time.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17

Federal Light and Traction Company in
the twelve months ended June 80 had
net income of $3.50, 044
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
Produce Markets

Delivered IN Indianapolis prices; Heavy
hens lie Leghorn hens &C. 4g5f nro oT0
112 to 2 lbs. and over lie bareback brolleIs
10c; old roosters. sc. ducks and geese, &c;
young gulneas, zoe; old gulneas. &c: NO; !
15c Each full case must weight IS lbs.
gross; a deduction Of 10 cents a pound
Tor each pound under S. lbs. will be MADE o5s
quoted bv Wadlev COMPANY
by United Prssl
CHICAGO Aug ooi m EGGS sxtra Mf5 rSfs
2Oi4c fresh s+aded frsts, 199sc; current
receipts. 16d 18c: dirties. No l, 16c; NO:
l2c checks iSc BGtte5 d4Sts taoee9i{
score1, 25i4m24l2c; extras t92 score,
26l4c; frsts $780, score 24G "a &c; &c;
M SPr@ strong receipts car 81 trucks
rivers, 14@I6iac; broilers. l4@ l5c; Leg
horns lac geese ia &c. tyr taTkeys l4' bIs oip
chicks ion l2c; barebacks, ,l3c; cocks &c:
Leqhorn cocks &C. colored springs. lbc'
White Rocks, ~ 49, &c; Plymoutrn ,, RocKS,
10 IN 14c: Longhorns. l4i4@l4'2c; Daisies.
ia Potatoesmsupplyys Light p tracing
ton grade. s135: Wisconsin -Cobblers,
s1.45: Wisconsin TriumPhs SID CON; com
sofa unclassifed SIPS; arrivals 40, on
track 3a. shipments 35s.
sts GIEv Ae e2tTas so &C. standards, 3oIss
Fggs-Market steady; extra white, Y
Poultry-Market. Arm on fowls. weak on
springers: colored fowls. AZ lbs and up
&c: cid ROSTERS. 10c; ducks. white; lbs
and up, i3c Potatoes-Long Island, $40
so a l00-lb. bag. -...s...
NEW YORK. Aug. l7:-Potatoes- Steaoy'
Long Island soc n Sll0 bag; New Jersey,
9OcGsl bag: southern. 25@9Oc bag. SVeeeet
Potatoes-Quiet. southern. barrel Sl.2OH
S.. southern basket. 40cn 81 FlouI-
Steady: springs: patents, s7IO9 80 oaL
rel Pork-F.rm: mess, SlS.f3 oaIIs 81
Lard-Firm; middle vest spo,1 sou 3 t o,5o
= 100 lbs Dressed Poultry-Steaoyi luI-
KEYS ia 32c: chickens, ga 20c; pIollets,
Isaac: capons 250 35c; fowls, ~ 5Oc.
ducks. IOd i3c: Long Island ducks, I13zm
I5c Live Poultry-Steady: geese, om e
f1ITkevs. 100 15c; ROSTERS. l0c: ducks. 9 a
i4c: fowls l4d 13c; chickens. 45n z2C,
capons. l5d zoe: broilers. l4d 23c. CneeSe
Firm: state whole milk fancy 70 speclals,
1qd 20ct Young America, l5m 10 &C. Butter
Receipts. 1910 packages; maTket easier sol
creamerv hii her than extras. - n y :,
extra t92 scorel 25d25l4c: hrst 1921
score, 27G2r3sc srst 83-89 score. ~
TI.25I9c: seconds. % a 24c- Eggs-Re-
CENTS 6e48 cases: market, firm special
P Eons 24S S &c standards. 22a 2sc; hrsts
pic. seconds. I9G1eia3; mediums: l8a
lsiac. dirties. l5M l8izc; cnecks' 4oH &c.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
GRAIN FUTURES
BREAK ON WEAK
FOREIGN TRADE
Wheat Prices Decline Cent:
Washington News Is
Watched.
BY HARTMAN W. NICHOLS
United Pres SAT Corresnnndenl

CHICAGO. Aug. 17.-Grains on
the Chicago Board of Trade broke
sharply and drifted lower in the
early trading today. influenced prIn-
cipally by lower foreign markets and
uncertainty over Washington news.
At The opening wheat was of
to l cent; corn was of y to l.,
cents; oats was off 3. to = cent.
and rye was of y to IL cents
Provisions were strong
Liverpool opened considerably
lower than due. considering the
strength in domestic markets yes
terday. Traders in the wheat pits
have been upset by rumors that
Washington planned further re-
strictionS on trading
Traders believed the Chicago
market sound and in a position to
reflect any considerable support BY
good rise in prices The crop is
known to be shorter than the mar
ket indicates.
Corn was influenced by good rains
but they came too late to alter ma
terially the prospect of a short crop.
Oats were firm and met good sup
port. Rye likewise met support al
though selling forced some decline.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
SWINE MARKET
UP SHARPLY ON
HEAVY DEMAND
Prices Average 40 Cents
Higher; Cattle, VeaIS
Unchanged.

Porker prices at the highest levels
for more than three years and de-
termined to pass the 81 mark con-
tinued their sharp advance at the
Union Stockyards this morning.
Major increase of the week was
registered today when prices aver
aged 40 cents higher than the pre-
vious close. Receipts continued light
as during the last two weeks and
were estimated at 5000.
Livestock markets of the nation
this week have reported swine values
at new highs since September, 1881,
and attributed the upturn to hight
supplies and a heavy demand which
has resulted from severe drought
conditions throughout the country.
Bulk $50 to 200 pounds sold at
$3.50 to $40, with heavier grades,
weighing 200 to 300 pounds, cashing
in at $3.50 to s6.75. Few choice
kinds were reported selling at $3.50.
Lightweights ranging from 100 to
100 pounds brought $40 to $500,
while smaller classes, scaling 100 to
100 pounds, were Salable at s4l5 to
S5.15. Packing sows sold at IS to Sc.
Holdovers we're 237.
Usual Friday cleanup trade pre-
vailed in the cattle market, with
practically all grades remaining I'M
changed. Receipts we're $500, in
Guiding 3.100 government cattle.
Vealers held stationary, selling at ST
down. Receipts numbered 700.
Early sales in the lamb market
were strong to slightly higher than
yesterdays close. Bulk Of eve and
weather grades sold at ST, while
bucks held at Sc down. Throwouts
ranged from $3.50 to $3.50. Receipts
were 1000.
With receipts estimated at 5000,
lowest figure for the week, porker
prices at Chicago were sharply %
cents higher than yesterday. Choice
of ITO to 270 Founders, sold at Sc
to $3.50. Today's receipts included
1000 directs and 1000 holdovers.
Cattle receipts 4,500, including 5000
government; calves, 5000, including
1000 government veals; market,
steady. Sheep receipts, 5000;
market, unchanged.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
METAL SHARES
HEAD ADVANCE
IN STOCK LIST
Price Changes Narrow in
Dull Trading; Bonds,
Dollar Uneven.
BY ELMER c. WALLER
United Press Financial Editor

NEW YORK. Aug. l7-Stocks
continued dull today. Prices we're
irregularly higher. with most
changes fractions. Cotton flu
lures declined, while bonds and the
dollar we're mixed.
Gold and silver mining issues
were strong and so were fertilizer
shares. In the latter group. Ameri-
can Agricultural Chemical made a
new high for the year at 37ia. up
from the previous close. United
States Smelling held at 1857, up
e. and American Smelling 80, up
-. Mcintyre Porcupine made
small gain in the Colds.
fractions we're mixed in mar
row range; motors were steady. as
were farm equipments; mail orders
hrmed; utilities were mixed; rails
showed small gains
Chrysler. which opened unchanged
at 80 '-. made a small gain. United
States Steel held at its opening Of
34is. up p. Du POnt was at 90is,
up s. General Electric 1917, up T..
American Telephone Ill.,. off 3.
Atchison 49,, up 2, and New
York Central 21@s. up T.
Dun & Bradstreet found more IA
vOrable turn Of merchandising de-
velOpments which has led many
executives to the opinion that
estimates of fall trade will need to
be revised in an upward direction"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17

Most New York exchange houses
now require customers Specula-
tive account of at least $500 and
margin requirements of 25 to 40 per
cent. but the reserve boards ruling
is expected to jump this figure con-
siderably.
At the same time, it was learned
that the securities and exchange
commission is beginning to draft a
permanent regulation program,
which will have teeth in it, to
curb trading abuses.
Chairman Joseph P. Kennedy is
sued preliminary regulations Mon
day. but permanent rules are eX-
pected to be much more severe, al
though commission members insist
that they will not harm legitimate
business.
Most troublesome of the new
problems, is the question Of trading
in over he-Counter' issues, which
are not subjected to stock exchange
requirements.
Every effort. commission members
said, will be made to prevent boot
Logging of bad securities and vic
timizing of the public.
Confusion resulted from an
nouncement of the first regulations
in which the commission sought the
aid of stock exchanges in policing
the securities market by suspending
issues which do not conform TO set
standards.
This, Mr.. Kennedy explained, does
not mean that the commission will
take no further action in the mat
ter. He said new regulations, be-
ing drafted, will care for prescott
ton and further action against
f1oaters of bad securities.
At the same time, it was re-
vealed, the commission intends to
establish regional offices to ad-
minister details of the regulation
program.
The securities division of the fed
eral trade commission with duties
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
COTTON EXPORTS VALUE
SHOWS SHARP DECLINE
July Total Nearly 100 Per Cent I'm
der Similar 1888 Month.
BIZ Tinted RcsS
.r-.- rrrnr="r

BIZ NfffN ENfNN
WASHINGTON, Aug. 17.-Value
Of raw cotton exports during July
decreased almost 100 per cent under
exports for July. 1888, the commerce
department reports.
Raw cotton exports in July
amounted 10 100000 bales. valued
at sI9.S42 900 compared with 692.-
900 bales valued at $50. $4,000 dur
ing July 1888. Exports in June this
wear amounted 10 459 900 bales val
ued at S2S. 4S7 900.
For the year August. 1888, through
July. 1884. the quantity of exports
dropped los per cent under the pre-
vious year, but value increased %
per cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
TWO INSURANCE MEN
RECEIVE PROMOTIONS
Pearce HI. Young, Local Manager, to
Head st. Louis Agency.

Promotions of Pearce H. Young
and Oren D. Pritchard of the local
branch of the Union Central Life
Insurance Company Of Cincinnati,
were announced today.
Mr.. Young, manager Of the In
dianapolis agency since May, 1888.
has been named manager of the
St. Louis branch, while Mr.. Pritch-
ard. his assistant here, has been
appointed manager of new agency
established in TT. Wayne.
E. Robert Shannon, associate gen.
eraI agent of the Penn Mutual
agency at New Orleans, will sue
coed Mr.. Young as manager Of the
Indianapolis Office.
Appointments of Mr.. Young and
Mr.. Shannon became effective Aug
Is. while that of Mr.. Pritchard Will
become effective on Sept. l.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
Deaths

Mary Bush. 76 of 756 Center, chronic
Laura F. Cook, "a, of IS North Denny.
carcinoma
Wilhelmina Katherine Prange. IS OF
1911 Broadway, arteriOsclerosis.
Virginia Carol Tooley, IL mos, CITY
hospital. acute enteritls.
John c. Trimble 81, OF 1910 South Ala
bama arterioSclerosiS.
Ella Mary. 81 Methodist hospital. pull
mOnary embolSm
Mary Ann OConnor. So. st vincents
hospital acute dilatation of heart.
Otis B. Pulliam. 81. city hospital
Robert +. Burt, %, Of 1920 North state.
carcinoma.
Lisle F. .Wishart. So. city hospital. pull
monary tuberculosis.
Frank Stewart Al. of 1915 Healing.
Mabel Carter seaton. so. of 3Ol5 North
Capitol. appendicitis
George Bcasley SO, of 1346 West Ray.
acute myocarditls.
Nora Douglas 50, of 624 Cofey acute
cardiac dilatation.
Martha Owens. S. OF 408 West Four
tenth dysentery.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
Marriage Licenses

Fred Herther. 81. OF 1892 Spruce street
Advertising and Bertha whitaker IS. OF
l4l0 Spaan avenue window clerk
LLOYD Montgomery. 30. r R. 7. Box 272.
farmer, and Katherine Mounts. s. r. r.
!, Box 272, housekeeper
Wlbert Hartmann. "a Of 2l0 North
Dinton street. store manager. and Valera
Bodenberg IS, OF 302 South Harlow street.
hOuSekeeper
Arthur Moore. 81 OF ITO West North
street. salesman and Ruth Ash. g. Of
1902 East Washington street. houSekeeper.
Preston Smith. 81. of 1917 North Te-
cumseh street. landscaper. and Hazel
hOuSekeeper.
Monroe Wand, %. Of SIS Drover street.
packer, and Mary Human. 16, sis Bucn
Raymond King. %. Evansville. printer.
and Phyllis Jones, 20 Of PITS North Hard
ing street. housekeePer.
ieweler. and Dora Surface 81, r. r. s..
Box 500 surgical filter
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
ILLINOIS CONSTRUCTION
EXPENDITURES ADVANCE
July Total 1873 Per Cent Above
Preceding Month.
BIZ Times Special

ny WtS SUtctdt
CHICAGO, Aug. 17.-An increase
of 43S per cent in the total esti-
mated expenditures for new con-
struction during July as compared
with the preceding month is shown
in building reports from sixty-hve
Illinois cities.
During the month total of 985
permits were issued, calling for
total of $2,4O7,954, more than double
the total Of $1,154,318 of the CORE
spending 1888 month.
Records of the Illinois department
of labor covering the last thirteen
years show the increase in total
estimated expenditures for the
month are contrary to the seasonal
trend. According to the records,
an average decline of more than
5 per cent is shown from June to
July.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
AVIATION CORPORATION
ANNOUNCES HUGE LOSS
Suffers SI.I44.634 Reversal During
First Half of Year.

n n f"tfr - u. ftNt
NEW YORK. Aug. 17.-Net loss
Of sl.l44.634 during the first six
months Of the current year is re-
ported by Aviation Corporation and
Its subsidiaries. as compared with d
net profit Of 1921 O57 IN the CORE
spending period last year.
All phases Of the cOmpany'S reve-
nues showed declines. but mail
revenues which totsled only S7l9.70
as compared with s2.666.5l5 last year
was the largest factor in the COM
pany'S reversal.
Passenger revenues during the pc
Rod totaled s74S.336 against $685.
O22. a total of $1,000 revenue pas
Sengers being carried 3.970.9l6 miles.
while 4s.5O6 passengers were carried
5.S3S.S67 miles IN the similar 1888
Period. Total transportation reve-
nues amounted 10 S1.53OI37 against
s.. 523. 26l in the first six months Of
1898.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17

General Electric Company has begun
work or two turbine generators for Ford
Company which will cost approximately
So 600 0O0
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
Cash Grain
INDIANAPOLIS

Aug. Is
The bids for car lots OF grain al the
call Of the indianapolis Board Of Trade,
T. o. b. shipping point. basis 17'a cents
10 river. we're
wheat Steady: No red. 81 92c: No. >
red goa 91c. No ? hard. 9l692c.
Corn-Steady. No. ? white III n p &C.:
No 3 white 70f2 n 1iec, No yellow 50;
I7olsc: No ; yellow So 69isc; No. 2
mixed IS "a So &C, No. mixed, STA
Oats Strong; No. 2 white, 45d46c; No.
Hay r. o. b country points taking
% &c or less rates to Cincinnati or Louis
villel Steady; No. l timothy. sl4dl4.50.
Inspections
Wheat-No red, l car, No red. 2
Corn~No. 2 white, cars; No 3 white
cars: No white. 3 cars: No. 2Nyellow
% cars: No yellow. % cars; No vel
low, 10 cars No. yellow. l car. Total
rs cars.
Oats-No. 2 white. car; No. white S
cars sample white. l car. Total, cars.
Rye-No /, l car. Total, car.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
CHICAGO PRIMARY RECEIPTS
Aug. l.
(Rv unifed Pressl

CHICAGO; Aug. .16..-Cash Grain: Wheat
Mo, red 1872 o. No n2, hard Mo $1q lTsd
mixed. 77i4c; No. ? yellow. 77lag 78c: Nc.
yellow. TIA n &C: No. yellow, 77N III &C;
No. yellow 75l4c: No yellow, 76c: sam
pie grade 76c Osts-No white. SIS &C;
No. white. SEC No 3 white 49@ soc; No
No sales quotable 65c@S1.1O Timothy
S165OM1750. Glover seed-s12m 16. so
Cash Provisions: Lard-S8.42; loose S787;
leaf. So Bellies-Sl2
TOLEDO, Aug. i6-Grain Close grain
in ELEVATORS, transit billing: Wheat-No.
2 red S100i2m1.01i2. Corn-No. yell
low, 791 ? n 80i2c. Oats-No. 2 white SEA
SIC Rye-No O.. 86I2m87i2c. TRACK
prices, 24l2c rateI; Wheat-No. l red, 81
fl97i &c: No. 2 red, 96m96i2c Corn-No.
yellow. 75i2M 76i2c. No. yellow, 74l2M
Is &c; No yellow. 1874 74l7 &C. oats
No. / white. 5ON SIC No. white 49M5lc
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
Births
tiirIs

Glenn and Blanche Fisher. 1921 East
Michigan.
Orvllle and Florence Lawry, 1857 South
Pershing.
James and Kathryn Campbell. 908
BudSal
Daniel and Gorge Shelton, 92s Paca
Leo and Mary Vachet 1882 Carrolton.
Boys
Friedrich and Anna Mootz, 2029 Winter.
William and Juanita Sarver, 1928 Co.
lumbia
Wiley and Anna senteney. 72s West
Twenty seventh
Edward and Eugenia Harrel, 2519 Bouie-
ward place.
Elmer and Maude Lockard. 2724 Wood.
John ana Maxine Dugan. COS South
Randolph
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17

soon to be taken over by the stock
market commission, already has Of
fees in New York. Chicago. San
Francisco and several other cities.
These Offices probably will be eX-
banded by the securities and eX-
change commission and other bu
reaus established.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
FIRM REPORTS PROFIT
Colgate PalmOlive- Earns 1915
a Preferred share.

JERSEY CITY. n. J.. Aug IL
Colgate PalmOlive-Peet Company in
the first half Of the current year
had earnings approximately 1915 a
share on the preferred stock, Bay
ard Colgate. company president re-
ports.
Following the report by Mr.. Col
gate. directors Of the company de-
clared the regular quarterly dlvl-
dend Of $50 a share on the pre-
ferred stock. payable Oct. !, TO
holders OF record Sept. 10.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
-Vegetab les-
CHICAGO FRUIT MARKET

Michigan HsnSsa bushels, 5ocasI25. tomatoes
Illinois bushels, 40@75c Sweet potatoes
Georgia bushels 81 5OG250. Lettuce
California bushels, S3@35O. Beans-Illi-
nois green bushels. .s2G2;25. Gabbage-
Michigan, is quarts red sour, 81 75g2.
Cantaloupe-M Michigan crates, 65c@sl 90
Corn-Illinois sacks, dozen yellow. 259
Csc. Carrots-California crates, S202. 80.
Peppers-Illinois bushels S1G1.50. Egg
plant-Illnois bushels. sl@l.l5. Pears
Michigan bushels, s1M LIS. CaulifoWerI-
sacks: California yellows, s1100 l 10;
whites S150M7; Washington Valenclas.
Sll5n125; Indiana whites, Sl.35.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
Estimate Lumber Consumption

p 4 iMfe : Ftftut
CHICAGO. Aug. 1.-THE Ma
tional Lumber Manufacturers As
figuring on the basis Of
figures in the first six
months of this year estimated total
consumption for the year will
amount to $500, 100000 feet against
I4.6OO. 600 900 last year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
Wheat Exports Increase
ByTimcsSpcciaI

CHICAGO. Aug. 17.-American
and Canadian ports exported 4.0Sl,-
$50 bushels of wheat during the
week ended Aug. IL as compared
with shipments of 3161 .SO7 bushels
in the preceding week and 2.S66,S32
bushels in the similar 1888 week.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
Sugar Shipments Rise

81 If1fs Spool
NEW YORK, Aug. 17.-Reflned
sugar exports from the United
States in June totaled 47S6 long
tons as compared with 1872 tons in
the corresponding 1888 month &C
cording to Lamborn d Co., sugar
brokers.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17

Gold Shipment Provides
Proof That u. S. Is on
Bullion Standard.
by RALPH HENDERSHOT-
Times special financial Writer

THAT the United States Is really
IL on a gold bullion standard was
proven recently when the Guaranty
Trust Company received permission
to-ship about $1,000 900 Of the vel
low metal out Of the country. Il
was the first time gold had been
exported from these shores on
straight commercial transaction
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
Fisher Plans Expansion

By ! lmCS NpCciGI
DETROIT, Aug. ia total Of
So, 100000 for additional plant space.
arrangement of production facili-
ties and new equipment is being
spent by the Fisher body division
of General Motors Corporation.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17

French francs rose sharply IN the
foreign exchange market. due. u VS.
said 70 short. covering BY specula-
tors. who apparently figured We
would not loosen up on our hoard
except under unusual circumstances.
r was not even necessary for the
bank 10 get permission from the
United States treasury 70 make the
shipment. All 10 did was to Ill out
an application and file II with the
New York Federal Reserve bank.
The federal reserve gave its approval
almost Immediately. acquiring the
metal from the government 70 I'LL
the order.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
Finance Experts Confer
on Margins to Be Used
Under New Regulations
Requirements for Customers Speculative Accounts Are
Expected to Be Raised Sharply by
Reserve Board Ruling.

WASHINGTON administration finance experts conferred
will required under the regulations effective
l.
the securities and exchange com
charged jointly with regulation
that cent margin rule
eventually
dispatches margin requirements at the outset
probably the securities exchange act
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17

THE shipment was made possible
Il BY the decline in the dollar IN
the foreign exchange market 10 a
point where the operation was
profitable. The slump in the dol
lar. IN turn, was due TO President
RooSevelt's order Matchmaking silver
IN this country, which was accepted
By the foreign exchange speculatOrs
as an indication that we were 70
have currency initiation.
Criticism of the shipment may BE-
expected IN some quarters on the
basis that the government should
not permit foreigners to dip into
our gold pile as long as 1t Is IN
willing 10 allow its own citizens TO
do likewise. Others undoubtedly Will
come TO the governments defense
with the argument that It Is the
only. wav we can settle international
trade balances.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
Announce s5s,472 Profit

BIZ Times special
CHICAGO, Aug. 17.-Net profit OF
s58.472. after all charges, is re-
ported by the Utility and Industrial
Corporation. an investment trust
for the first six months this year.