davidaulloa/AmericanStories huggingface dataset:
Red Lodge daily news combined with Carbon County news., 1934-10-24
HI SCHOOL JUNIORS
HOLD ANNUAL PART

Juniors at Carbon county high
school entertained Friday evening
in the school gymnasium at their
annual party.
The color scheme and decoration
We're effectively carried out in
keeping with the season, with
branches and colored leaves, spi-
der webs and big, black spiders,
brownies and toadstools to remind
the guests that the season of Hall
owe'en was approaching.
Mixed dances, rye waltzes,
broom and tag dances were the
main features of the evenings en-
tertainment, the Rhythm Vendors
orchestra providing the music.
On the decorating committee
were RENO Hyppa, John Zupan,
Weiko Siekula, Irma Honkala,
Dorothy Mcgowan, Virgil Solso,
Gaynell Loughney, Regina Northy
and Genevieve O'Connor. Invita-
tions were designed and carried
out by Helmi Haapala.
Red Lodge daily news combined with Carbon County news., 1934-10-24

o. P. Roberts motored to Bill
lings Monday on business.
Miss Florence HornDeck, auth
Dress and social worker, talked to
members and leaders of Catholic
study clubs Monday night at the
Washington Hall.
Dan Cocoran and John Popovich,
special agents of the internal rev.
enue departments alcohol tax
unit, were callers here Tuesday
and Wednesday of this week.
Mrs. Luhrsen returned home
Saturday from Billings where she
has been the house guest of Mrs.
Chris Duerwatcher, formerly of
this city, for the past few weeks.
Miss LaVerna Woodrow was
pleasantly surprised Friday night
when a group of young people
helped her celebrate her birthday.
Miss Lois Boggio and Mrs. James
Woodrow acted as hostesses.
Word was received here this
week from Congressman Roy E,
Ayers, Democratic candidate to
succeed himself at the polls Nov.
6, that he would address a Demo-
cratic gathering in Red Lodge on
Saturday, Nov. g..
Dominic Castellano returned
this week from Rochester, Mimi,
where he received medical treat
ment at the Mayo Brothers clinic,
He had previously attended the
World Series games at st. Louis
before entering the clinic.
Joe Holley, %, and Eva Phyth-
ian, Is, both of Billings, obtained
a marriage license Saturday at the
office of Clerk of the Court c. P
Larkin and were married later by
Justice of the Peace E. B. Prov
inse in the presence of Laura Ho-
gan and Charles Hill.
The Rev. M. A. Cookson, do
cesar missionary, will conduct ser.
vices at the Calvary Episcopa.
church here Sunday. Church
school will begin at 9:45 a. m. The
Rev. Frank Durant of Billings will
be in charge of the morning pray
err and sermon at II a. m.
J. r. Kohler was brought here
Saturday from the Clark's Fork
region and i~ncarcerated in the
county Jail on a commitment is.
sued by Justice of the Peace
Jerry Holden, charging Kohlel
with failure to provide for his
wife and children. Kohler mus
serve a sentence of 80 days, it was
stated, and pay a fine of $3.50 tt
be served at a rate of 81 a day un.
less paid.
Red Lodge daily news combined with Carbon County news., 1934-10-24
Tall Tale of Highway Robbery Falls
Flat When Local Officers Smell Rat

Among the seasons tall tales of
bold highway robberies was the
one related here Thursday evening
to local law authorities by Jack
Owens, 24-year-old Metropolitan
Life Insurance company agent,
and concerning the activities of a
daring "backseat bandit" on
Washoe hill.
1t was a prize yarn, taken at its
face value, but its denouement
turned out unhappily for Mr..
Owens, who should be writing
mystery thrillers instead of try
ing out his ideas on a practical
world filled as it is with practical
law officers such as Chief of Po-
lice j. H. McAllister and Sheriff
j. R. McFate.
But to get on with the "mys-
terry of Washoe HILL"
Here was Owens version of
what took place:
He had spent Thursday after
noon in Bearcreek and Washoe
making his collections. Evening
came as evening usually does, and
Owens prepared to hurry home
before the shades of night closed
in upon him. Too late, however,
for he paused to make one last col
lection at the Harvey Fearn home
in Washoe. That was about z p.
m. and when he emerged from the
Fearn home the night was blacker
than a negro coal HEAVIER. He
pointed his car, a light, panel
truck, towards Red Lodge and be-
gan the long climb up Washoe
hill.
The time was now about 7:3O
p. m. and he had reached a point
about two-thirds of the way up
the hill, when suddenly-remem-
Der, this is Owens story-sudden-
ly a cold object pressed against
the back of Owens neck and q
voice (mysteriously likeHhis OWN
said: Turn 'er over" The voice
was referring to $3.50 in cash in
Owens wallet. He complied, a;
the cold object against his nape
reminded him too much of death
dealing pistols. He was next or
dered to get out and when he had
done so, his a scampered of
over the hill with the "backseat
bandit" at the wheel.
Owen walked the rest of the
way into Red Lodge where he
notified Police Chief McAllistel
and Sheriff McFate. These worthy
upholders of the law came on the
run, thinking to take up the trail
of a John Dillinger or ~Pretty
Boy" Floyd. No such luck.
Arriving at the scene, the Off
GERS Immediately "smelled a rat"
How officers "smell rats" is their
own secret and one which will not
be touched here. Anyway, fifteen
minutes later, they had located
the missing car on the Dry creek
side road about a mile from the
scene.
The a was taken to a Red
Lodge garage and Friday morn
ing it was examined thoroughly
for fingerprints. What finger
prints were found belonged to
Owens.
Red Lodge daily news combined with Carbon County news., 1934-10-24
EXAM

The United States civil service
commission announces that an
open competitive examination will
be held for a storekeeper for work
in the Fort Peck engineer district.
Applications will be accepted I'M
til November Is. The position
pays from $1,440 to $1,000 a
year, with a deduction of $420 a
year for quarters and subsistence,
when furnished. Applicants are
referred to the Red Lodge post
office for further information.
Red Lodge daily news combined with Carbon County news., 1934-10-24
The plot thickened.

The plot thickened.
So much so that, when officials
of the insurance company arrived
here Friday afternoon from the
Billings headquarters and con-
ferred with officers, Owens sub
mitted a signed confession stat
ing that the "backseat bandit,
who supposedly hid in the car, and
himself were one and the same
person.
That made a "sure-fire" case
against Owens, but, when he
promised to dig up the missing
cash and the insurance company
officials said that they would not
prosecute but would attend to
Owens in their own way, officers
agreed to let the matter dror
Red Lodge daily news combined with Carbon County news., 1934-10-24
METHODIST EPISCOPAL
CHURCH

Sabbath school, 9:45. Glasses
for all ages.
Morning worship, HOO. Ser
mon by the pastor. The chorus
will sing, "Hear Our Prayer,
GODDARD.
Church night, Wednesday, from
700 to 900.
At Boyd: Sabbath school, 1000,
Young peoples service at 700,
Preaching at 500.
At Roberts: Sabbath school,
1000.
Red Lodge daily news combined with Carbon County news., 1934-10-24
McFATE DENIES HE
WILL CHANGE STAFF

Sheriff. j. R. (Jack) McFate,
Democratic candidate for the Of
flee he now holds, in a statement
issued Tuesday, declared that he
does not contemplate any changes
in his office staff either at this
time or in the future, despite re-
ports being circulated to the con-
trary.
Red Lodge daily news combined with Carbon County news., 1934-10-24
%. Classified :.
Miscellaneous

WANTED Representative to
look after our magazine subserinr
ton interests in Red Lodge and
vicinity. Our plan enables you to
secure a good part of the hun
dreds of dollars spent in this vi
cinity each fall and winter for
magazines. Oldest agency in U. S.
Guaranteed lowest rates on all
periodicals, domestic and foreign.
Instructions and equipment free.
Start a growing and permanent
business in whole or spare time.
A d d r Q IS MOORE-COTTRELL
Inc, Wayland Road, North Cohoc-
ton, N. Y. 33-2tp.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-21
Marriaue Licenses

Charles Sluoot. - OF 1852 BrcoSside
avenue. painter. ana Marie Campbell. 20,
Esrl E4EleD. So of SOS Auburn street.
w0co WORKER and E.tel Han a. CT 905
auburn street. EoussSecrer.
R0eer. Wood. g. MzyuCoC. gas COM
raut. 2uG FLORENCE kramer. 81 CT 1852
i-czni.a-s ra.noloE.s. and Helen LlCcett.
p e 1888 Ea2t MarSet street dietician.
c.s-S- ara Dorotnv Ma2Vc-.. -. 81 1902
Pstszan- stree. = cc-er-
zls}n Llyels-t. =. & 80 SolLl Ritter
g ~ Sac N0-tl Illircis street cashier
or.liis Gardner IS. o. 2e5l Burton ave-
son. IS. % Il6e North BeTiiie Avenue. CLERK.
-'-cnarc Cfazcer- 3, o. 80 East flftf-
Sanders. =. Of 518s csrTc-tol avenue.
ssfehsr5 Mcneil. = q s5s4 Gurford
rv-nue painter. srd Marie Sle5C. 20. OF
SO North New jersey street hcusekeerer.
o-nsF lloys 81, =; o. So =, sIoaes Z.
20 - SS4S Rosewood avenue. ho@se--
Lswsoa H'uvsr. a.. Ksrt.aud. Inc. power
p-a1t operator. sd Leal Amos =. Acton.
ca psslman- -. vevay. Ind. fsrmer.
ard Il - Bants. e. f. P 3. Boz 5e5.
Icsts. YcarS. e. az South Worth
stree laccre-. and Locena Forty 81.
fl2S soefh sherisid avenue housekeener.
SlsIeace Robertson e. % 2ot5 South
Sac, IS 3 ia57 s5ata st sIs sS Silits
Fraae;a perry. .. q 2oi2 East Thirty
s.rhth ss-ee.. nl.ing station attendant. and
lie.eE KnseF. = a. 29io East Jni-ty-
exam s-Leet. Eo-se-eep- f ,
E.atcs paw. and Helen MscFsdden e.
~ -sST North asE Jersey street.. centisrs
Noah SACKS -. Pert BENJAMIN Hcr-
YIN. soic.eI. ara MyTa Fimpt0n, IS. Of
$40 N3Fih De.ansss sIset maid
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-21
Births
Girls


Lawrence and Margaret Pierce, 3849 East
Thirty Second.
William and Florence Andrews, city
Baron and Ruth Jones. city hospital.
Harold and Mary Mcclure. city hospital
Ivan and Lucy Scots. city hospital.
Lawrence and Alta Wilkerson, city hos
pital.
Thomas and Martha Cole, city hospital
~ Benny and Mildred Banayote, 1915
Harry and Julia Cunningham, 2447
North Gale.
William and Mary Belden Coleman
Frank and Inez Gray. Coleman hospital.
Joseph and Clara Helms, Coleman hos
Mayer and Elizabeth Levin, Coleman
William and Evelyn sebel, Coleman hos
Ben and Irene steagan, Coleman hos
Paul and Emma Yoder, Coleman hos
pital.
Omer and Evelyn Price city hospital
hospital.
James and Florence Baker, city hospital.
Mellon and Doryal Smith, city hos
Arthur and Myrtle Schmidt. city hos
pital.
Joseph and Ruth Raymann. 857 Castle.
William and Dorothy Hilton 1910 West
pital.
Robert and Mary Boyer Colemand hos
pital.
James and Bernice Emmert. Coleman
hospital
Richard and Edith Estlck Coleman
hospital.
Roy and Nora Menus, Colemand hos
pital.
Merritt and Edith ODER. Coleman hos
pital.
Bradford and Ella snodgrass, Coleman
hospital.
.Benet and Edna Thayer, Coleman hos
pital.
Walter and Leora VonKlein. Coleman
hospital.
Robert and Gladys Wirsching. Coleman
hospital.
.Merl and Dorothy zook. Coleman hos
pital.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-21
PORKER PRICES
CONTINUE FIRM
AT CITY YARDS
Calves, Sheep Also Steady;
Little Change Noted
in Week.

Swine trading at the Indianapolis
Union Stockyards this morning for
the second consecutive day held
steady with prices in the previous
session heavy weights continuing to
range between $3.50 and $3.50 with
few best selling for S495.
During the week prices varied in
small range, some weights losing
slightly but other weights gaining a
similar amount to make the market
steady for the week.
Medium weights today were selling
from S4.55 to $3.50 with light weights
ranged between $685. and SAILS.
Light lights brought 50 to $3.40 and
packing sows $3.50 to $4.25. Re-
ceipts totaled 1000
Cattle trading was nominal, re-
ceipts numbering only IS. Prices
throughout the list were practically
unchanged from last Saturday.
Vealers continued steady with
yesterdays average, the bulk selling
at SIS down. The market was most
~ so cents lower than a week pre-
vious. Receipts totaled $50.
Trading Of sheep was steady with
the previous session. Receipts totaled
200. Good eve and wether lambs
brought SIS to Sc, throwoutS, SIS to
Sc, and slaughter sheep, $3.50 to So.
Sheep were mostly steady for the
week but lambs were Is cents lower
Trading of hogs at Chicago was
light with a few sales being made
steady with yesterdays average at
$3.50 downward. Receipts totaled
5000, including 1000 direct. Hold
overs numbered 5000. Cattle re-
ceipts were 1000 commercial and
1000 government. The market was
steady. Sheep receipts totaled 5000
and the market was steady to weak.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-21
WHEAT FUTURES
CLIMB IN HEAVY
BUYING SPLURCE
Intense Heat Continues to
RaVage Spring Crop;
Oats, Rye Gain.
BY HARTMAN W. NICHOLS
United Press staff Correspondent

CHICAGO, July 2l-Wheat fu-
lures moved away from a fraction
ally lower opening on the Chicago
Board of Trade today with north
western interests leading a spirited
buying Splurge.
Wheat finished : to Is cents
higher, corn was up l to Is cents,
and oats were = cent up.
Weekly weather forecasters Of
fered no hope of relief from the
intense drought which threatens to
rayage the spring wheat crop and
this item further Spurred the ten
dency to add to wheat holdings.
Crop reports from abroad also
were unfavorable. Proft-taking
seized the Liverpool market and
prices there finished thin fractions
under the previous close, but at
Buenos Aires values we're - to Is
cents higher.
The department of agriculture
said thirty-seven countries in the
northern hemisphere will show
crop loss of 240,OOOO00 bushels COM
pared with last years harvest eX-
elusive of Russia. Distressing re-
ports of drought came in from
Australia today.
The corn belt remained eX-
ceSsively warm today with tempera-
lures climbing well over the 100
degree mark in many sections. With
each day of drought, experts said.
the crop continues TO deteriorate
meantime, livestock terminals feared
heavy receipts of drought cattle this
week. farmers being unable to pro-
vide feed for their herds
Provisions were unsettled most of
the daY.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-21
On Commission Row
July 21-

July Al
Quotations below are average retail
commission house dealers.
Apples-Fancy Delicious s2.5O. Trans
parents. $1.5062.25
Blackberries-24-qt. crate. $3.50.
Cherries-Michigan Sour. l6-ot. crate
Oranges-Cahtornla sunkist. $5G5. so;
Valencies, S4.5005.
LemonS-Surkist. $6.5O67
OBSERVATION-DISCLOSURES seedleSS. S4,5064.75
NEUTRALITY-SUSPICIOUS. Indiana BLACK,
24-qt crate, s1.65; red s262.50
NEUTRALITY-SUSPICIOUS. lumbos, flats, $50
clio; standards. fats, S.75@1.75; Honey
dews, S3.75
Pears-Catavos, $3.50 a box.
Watermelons-25M
Bananas-A pound, Sac.
Vegetables
Sweet Corn-Home grown, doz. 20G30c
Cabbage-Home crowns. bushel 600 Use.
Celery-Michigan. fiat boxes. Sl.25; me-
dium. doz. 45c.
Onions-Texas yellow 5O-lb nag, SITS.
Potatoes-Rural New York, l00-lb bag.
S1.65; Idaho RusSetS. 100-lb. bag 81 25
new, barrel. $3.50.
Sweet potatoes-New Alabama. uusheI
$3.50.
Beans-Round stringless. bushel. $I5O
Beets-New, 25@3oc a dozen.
m CarrotS-Home grown. bushel. So: doz.,
:, OBSERVATION-DISCLOSURES basket. 5Oc@
Lettuce-outdoor, 15-lb basket. 9Oc: ice
berg best. 1915 a crate
Peas-California hamper, 50.
Radishes-Oh1o, so doz. punches, soc
Rhubarb-Home- grown. dozen. 25@ 3Oc.
Spinach-Home grown bushei, 5O@ 75c.
Tomatoes-Hothouse lob. basket. 75c;
original Tenn. 30-lb. lug. 81
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-21
CONSTRUCTION AWARDS
REACH NEW HIGH MARK
S29,S3y, 900 Contract Issued for Grand
Coulee Dam.
BIZ Times SpeciaI

NEW YORK, July 21.-The award
of Grand Coulee dam in Washing
ton, combined with the third high
est week of this year in private work
to make a total of S56,276,000 in en-
cheering awards for the week as
reported by Engineering News-Rec-
ord. This tops all records for two
previous years.
Of this total 46,347 900 is for
public and SO 929, 900 for private work.
Of the public works 34,330000 is
federal and S12,017,0GO state and
municipal, and Of the federal $685.
1886, 900 is for Grand Coulee dam.
The earthwork, irrigation, water
ways classification for the current
week totals So, 297, 900, exceeding by
wide margin the years average to
date. Highway awards are at the
low point for the year, S3155, 900. IN
dustrial buildings, at S7,730, 900, score
the second highest week Of the
year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-21
Chicago Stocks
lBy Aboott Hoppln 8 Col
Cash Grain
INDIANAPOLIS

July Il
The bids for car lots of grain at the
call of the Indianapolis Board OF Trade.
I, o. b., shipping point, basis lilac to
river. were.
Wheat-Strong; No. ! red. 9la92o; No.
? red. goa Gle. No. hard, 90d9lc
Corn-Strong: No white so Sic. No.
white 50 q coo: No. yellow ST. q So &c;
No yellow. $751; G57i7c; No ? mixed.
Sc l2N57 &C: No. 3 mixed, 55i2 056i7e.
Oats-Strong: No. white. 43N44c No.
ST. Louis. july 21.-cash Grain: wheat
In good demand = 20 1c higher on red,
and i, to 294c higher on hard; No. /
red. 90 Is 1881 &C: No . red. 81 98i7 &c early,
and csc at close: No. 3 red 90 a97i2c; No.
red. 95i = 96itc: No 5 red. 94ie095 &C.
No. red garlickv. 93i3 csc: No. red
gsrlicky 93i2G94lzc No. red garlicky,
g 2W9324c; No. ? red smutty. .96iec: No. 3
red smutty. 95i2c; No l hard. sl04: No,
l dark hard. Sl.o4',; No. ? light garlicky,
950 csc. sample light gsrhcky. IS nc. No.
! mixed 9si2c: No. ; mixed, Sl0l :. Corn
in fair demand, l TO liac higher; No, 2
yellow Csc No yellow. 64i2c, No. )
yellow 63l2c Oats-In SLOW demand I'M
changed No / mixed 7i4C.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-21
BUILDING PERMITS DROP
June Construction approximately
So Per Cent Lower.
BU Times Specid

WINCHESTER, Mass, July 21.-
Building permits in June were near
" 35 per cent less than those of
May and 16 per cent below June of
last year. according to reports of
the Winchester Institute of Finance
The report pointed out that
building costs have recently risen
from IS to SO per cent and these
high proportional costs are acting
as a strong brake on new construc-
ton. However, the permits for the
first half of the current year in
creased 10 per cent over the like
period last year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-21
CHICAGO FRUIT MARKET

CHICAGO. 'J july ii 2is0Fr fruits and veg
etables: -Apples-Illinois. transparents, bu
75ccGS1,50 Michigan, 75c6l$1 80. CucumberS
crates, $2.25G2.50; Illinois, punches, &c
Illinois, fiat Tugs, $50 4Oc. Sweet potatoes
Tennessee, bu. SITS; Alabama S1.65
Observation-Disclosures, lb cartons, 20M40c
PeacheS-z-Georgia, u bu.i 40@75c: Alberta
"a pints. $125G225; black raspberires 81
@125. Lettuce-California. crate, S2@3,
Illinois, leaf. bu; 15@25c. Beans--nli-
Cabbage Illinois. crate. SIm1.25 Celery
Michigan. crate, 35G soc. Cherries
gadn l6-quaIt sour 85e@$1 Canteo1p
crates. 500 Csc Caulihower-Illinois, fiat
box 25G 75c. Peppers-Tennessee bu., S1G,
fornia, .yenows.- S1.15@1.2o. California
whites 81 65Ml.85
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-21
GROCERY SALES CLIMB
Chain Stores Show Per Cent Gain
in First Half of Year.

WASHINGTON, July 21-Chain
store grocery sales for the first six
months of 1884 increased 7 per cent
over the same period in 1888 the
department of commerce reported
today.
The report, based on returns
from 10 per cent of the grocery
chains also showed that daily sales
for June were AZ per cent higher
than those of a year ago
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-21
Deaths


Shirley Moore, months, of 554 Vim
ton. ileocolitis
Ebenezer .DeMont Watson. 10, Of 1910
Jones. apoplexy
Wallace n Simons 81. Of 515I North
Meridian. chronic myocarditis
John Grant Sutton, g. Methodist hos
pital arteriosclerosis.
Anna Weisenstein, A. Central Indiana
hospital pulmonary tuberculosis
Charles Larson, 81. city hospital, acute
cystitis
Charles Lear "a, of $40 East Vermont.
arterio sclerosis
Catherine Dvve~ TO- OF ll45 Blaine
chronic myocarditis g.s
Horatio A. Hc..-s. So. of 1885 Prospect,
chronic myocarditis.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-21

CTcQlt. along
with COnccS-
sions m ade
by the city.
was Nv e n
large Consld-
Grafton in the
revised bid
When the
city ISSUE was
origi nally
submitted for
bids m o r e
than a week
a g o { b e
b a u K c T S
offered 10 buy
il on a 4O3
p @ T C e n {
basis. 7 h e
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-21
Corporate Financing Declines

d. 7 tNttS Np6ctdt
NEW YORK, July 21.-American
Corporations new capital and
during June amounted to
S13,68S, $50 as compared with S49,-
$4,000 in May and $14,831,31O in
June of the previous year, accord
ing to a survey by Dow, Jones &
Company.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-21
FIRMS OUTPUT RISES
American Colortype Sales During
Quarter Total S1,106,755.
By Times Specia!

CLIFTON, N. j., July 21.-Ameri-
can Colortype Company sales for the
second quarter of the current year
amounted to s1,356,456 as compared
with s1.1O6,725 for the correspond
ing quarter of last year.
Sales for the first six months Of
this year totaled S3,018.255, against
So. sos 1888 for the like period in 1888,
an increase Of 20.3 per cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-21
Money and Exchange

INDIANAPOLIS BANK CLEARINGS
Trrrr~
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-21
RFC Willing to Buy Bonds
% 7 ,,ffed DroVo

WASHINGTON, July 21.-Jesse
Jones, Reconstruction Finance Cor
poration chairman, said today he
was willing to purchase 500, 900, 900
of New York City bones to finance
public works projects III the metro
politan area.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-21
LIMITED STATES

TINTED STATES government
- bond prices are lower now than
they were when the city issue was
first offered. although the decline is
slight. The general strike on the
Pacific coast also has developed in
the meantime. Consequently the
bankers would have been justified
IN lowering their bids a trifle rather
than in raising them. Had they
lowered them Mr. Ii Guardia might
have found himself IN a difficult
position since he has found It i'm
possible to sell the bonds to the
Reconstruction Finance Corpora
ton
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-21
Wall Street
La Guardia Gets Lucky
Break on Sale of
N. Y. Bonds.
by RALPH HENDERSON, =
Linz. snerial IinAnciaI Mrlter

MAYOR La GUARDIA probably
w should count himself a lucky
man. The deal he has just made
with the bankers for the sale Of
the citys new bond issue was better
than he might have gotten had the
underwriters not been IN a mood TO
make concessions at a time when
they held the whip hand. Doubtless
the improved condition OF the city s
--f-. .f~,-~r