davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
Other livestock

FIT. WAYNE. NOV; 7LzHogs-7stessddy to
lbs, SIS. SIS: 200-225 lbs. IS; 40: 10000 lbs,
SIS as; l6o-1s0 lbs. IS; 3o0-35o lbs. IS. IS;
i5o-1eo lbs. $3.50; l40-l5O lbs. s4.z5; 130-
$40 lbs. s3.75: l20-130 lbs. s3.25: 100-120
lbs. s2,75: roughs. $3.50; stays. s2.75:
calves. 81: lambs. Se.25.
By Times Special
LOUISVILLE. Nov. 7.-Cattle-Receipts.
400; supply slaughter classes. light quail
ity generally plain; market mostly steady:
bulk common to medium steers and heif-
ers. s3.754475: common down to 50 p:
TO IS and above; bulk beef. cows. So soc
8: practical top. So IS: most sausage bulls
S225d2T5: Hereford stock calves salable
mostly S4G5. and common to medium
grade stockers and feeders. S275M37 rs.
calves. 200; mraket fully steady to strong
on better grades, others UNCHANGED; most
better veaiers. IS 5od6: strictly choice
s6 so: medium and lower grades. SIS down
Hogs-Receipts, 500 market SC lower on all
sss 5oo eo ibs S. go isoiss lbs ss4o
sos lbs. up. $685.; 16o-l75 lbs. 81 30; 100
l55 lbs. $3.50; l2o-l3S lbs. $3.50: desirable
sows. s4.45. Sheep-Receipts, $50: gener-
aIly steady on all slaughter classes: bulk
better lambs. IS; choice quotable. rs and
above; bucks discounted 81: light throw
outs. So so: fat ewes Sl-50q2; most stock
ewes saslable IS 50 a head down; choice
Ouo.sb!s SIS, s. Or better, u.r... ....6v.
4 AgSY bs ss7s SGs So sOdsas lbs
220-3S0 lbs. ss65H5T0: 7no-77o lbs, ssls
Gs.55Ss 10000 lbs. IS 7sd5.sS: le0-lso
lbs. s5G5 10; pigs. 50 down: rcughs. s.
down: calves steady. So down. lambs.
steady. So down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
SWINE VALUES
CAIN 10 CENTS
Cattle, VealS Stationary;
Lambs Steady to
Lower.

With the exception of extremely
lightweights remaining unchanged,
porker prices in early trading at the
indianapolis Union Stockyards to-
day were generally 10 cents lower
than yesterdays session.
The initial drop was attributed
mostly to a slight decrease in de-
mand for all classes. Receipts
numbering approximately $500, con-
tinued around a normal figure for
a weekday session. The bulk, 100
to 200 pounds, was selling at $500
to $3.50, while 200 to $50 Founders,
ranged from $3.50 to $3.50.
In the lightweight division, pork
ers weighing 100 to $50 pounds,
cashed in at 81 to $4.75. Smaller
grades, scaling 100 to 100 pounds,
were salable at $2.75 to $3.75. Pack
ing sows brought $3.50 to 1925
Holdovers were reported at 234.
Early trading developed slow in
the cattle market, especially in
steers, with a slightly lower ten
dency prevailing in the majority of
classes. Several loads of steers
we're valued to sell from $3.50 to
$3.50. She stock remained station
airy. Receipts were 1,400. Veal
prices we're unchanged, selling at
81 down. Receipts numbered 500.
An uneven trading range was dis
played in the lamb market. Good to
choice grades continued steady
while others and heavyweights
showed small decrease. Bulk OF
good and choice kinds sold at $6.75
down. Receipts we're 1000.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
INDEX OF EMPLOYMENT
DECLINES AT DETROIT
Figure OFF From SAL to 500 in Last
Two Weeks of October.
! Times Special


DETROIT, Nov. THE employ
ment index of the industrial de-
partment of the Detroit board of
commerce receded to 500 as of Oct.
30, compared with SAL two weeks
earlier and 37.3 a year ago, which
was the low point following the
bank holiday.
1t is expected that the trend will
now be upward with automobile
companies preparing to get under
way on their 1885 schedules. How
ever, a temporary letdown is ex-
pected around the Christmas holi-
days.
The power consumption index at
the end of October was 100, con-
trasted with 126 on Sept. 30 and 109
on Oct. 80, last year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
Other Livestock
fBv United Pressl


CHICAGO, NOV. 7:-Hogs-Recelpts. 3d.
IS IS cents lower than Tuesday; $2o-52o lbs,
S S75 i SRf lights git sGSodSi5: goo s ssGs
eg pf s6 ssq hP s'kiR SS 69 an eSSo s sad
Choice. S4.259 SIS: light weights. 10000
lbs, s5q5.70; medium weights, 200-250 lbs.
good and choice. s5:5oq 5;s5i heavy weights
p SSisGy iG so8s guy 555O ibs medium and
choice. s4.50Q SIS; slaughter pigs. l00-l30
lbs. good and choice. s3q4. e; Cattle
ment! calves, 2.50O commercial. 200 gov
eminent; strictly choice steers and yearl-
ings about STEADY; inbetWeen grades weak
TO IS cents lower; common kinds steady
run; not much she stock here; beef COWS.
early, ss.65; light steers. $40: fed helf-
Slaughter cattle and Yealers, steers, $50 800
lbs, good and choice. S646 80; eoo-l 100
lbs. good and choice. s625I9: !, 1901 800
0Od e6 snd a6 S5O sb6cs sSssq a. 59S
SIS: heifers. 55o-750 lbs. good and choice.
s5.25GS: common ano medium, 81 - q 20
dunn. So 40G3 5ol low cutter and cutter.
good GOOD beet s3.2594:. cutter common and
sI5e.sso Ssl7i: medium. s4.5oa $50; Gun and
Common. S350G4: stockers and feeder cat
tie, stockers. 55o-l .050 lbs. good and
choice, s4a5.25; common o ana medium.
fairly active; bids and early sales fully
steady; asking higher; early bulk, sos
downward; best held around s6.75; slaugh-
ter h sSgs s ehoae LAMBS Pss 90 mos snd
T TceSiua and choice. 81 IS so: ali weights
Common and medium. 81 .50d l.e0: FEEDING
lambs. 5o-75 lbs. good and choice. $500
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
TNDIANAPOLIs STATEMENT
On Commission ROW

Quotations below are average wholesale
prices being offered 20 buyers BY local
commission dealers
FRUITS-Cranberries. Cape Cod. early
blacks. 25-lb. box So IS. Grapes. California
Emperors. 2T-lb. box. s2l5. Persimmons.
Indiana, IL ats. 90c. Avacados box. $50.
ounces. hushel. 50 Bananas pound. SC.
Apnles. maiden blush. 81 so; northern Spys.
Sf5S. Indiana ionathans. Sl.s5; grimes
golden. Si50Gi.75. Melons California
honey deWs 81 IS. Lemons. Sunkist, 36oS.
$50 red ball. 5s0s sS.75- Grapefruit.
7cs-s0s. So Lines per carton. Us. 25c;
seedless per hundred. 93o-
YEGETABLES-Cabbag Northern Dan
ish 50-ih bag. SOC red. pound. &c.
Onions. Idaho. sweet Spanish. large 50-lb.
boilers. lob. bag. S5c; western white, 30
bag. si.fo. Michigan. yellow. Sl.25; white.
10. bag. Sis. Potatoes. New Jersey Cob
blers. iO0-lb bag Si.45; northern round
white. fO0-ib bag 81: Ohios. i00-lb. bag,
81 SIS. Idaho FusSets. ioo-lb. bag, 81. Sweet
POTATOES. Indiana Jerseys, buSheL. $50
indiana Nancy Halls. bushel 81. Beans.
round stringlesS oushel. Sis; beets
dozen. 2Sc. Carrots. homegrown dozen
Michigan. medium. dozen. 45e. jumbo
doren.e Sc hearts. bunch, e0c- Cucumoers
hothouse dozen. IS: Endive, dozen. 40c
Frr plant. dozen. 7Sc. kale. HOMEGROWN
hushel soc. Lettuce. outdoor ls-lo oss-
ket. soc Mangos- hushel. 81 Mint
dorer soc PARSLEY. dozen. SSc- Peas
Hamper ss7S Spinach. homegrown
hroaeieaf bushei 60c- RaciSheS. Dozen
ssc. tomatoes. outdoor. lib basket, sc
bushei. 50 TurnipS home grown. dozen
use: pumpkins. dozen. si-2S.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
Produce Markets

Delivered in Indianapolis prices: Heavy
hens lie. LeEhorn hens. &C. coloreo
Sprincers. i2c. Cd ROSTERS. SC. ducks. C:
rreSe SC. young EuireaS. -ocs ola sulneaS.
Is Turkeys-No. ! young hens. lbs.
80 over f6c. Young toms. Il lcs. and
ever re. Young toms. ii-lf lbs. iSc. No.
, crooked breasts and thin turkeys. lles
90 toms. al weights. sc. No strictly
fresh country run eSSs. loss on. &c
q ceeuction OF iec pound Tor each pound
n-re- S. lbs. will be made Butter-No-
] s6Gsic. Butterfat-2Sc- Quoted BY the
WRcley Company.
by United Pressl
CHICAGO. Nov. s.--Esgs-Narket EASY
r,eesrfs SIS cases ifor two daysf. extra
ass .sc fresh graded nrsts. &c; current
,s-efrsg a5isa 2slsc- 6irties. No. ]. 2oe
10 Z isc. cheeks. No !. Isle. No : lse
PI.tter-NsrkeL unsettled. receipts. is -
tubs for two daysl: extras p score, 2Ss:
feo-efts scorei. 2IG1sc: seconds tse-st =
score. 1sc. specials 3 = 2 sc. standards.
ssc Poaitry-steady; receipts. 81; trucks.
4 rRr due GeeSe-iic. TURKEYS Young
frrrs isc. old toms, i3c: hens. lSc, old
focsfrrs iOc; ducks. heavy. ia lsc,
<rrtrrF heavy coicrec. iSc, hens. , lbs
% isc. medium. i3c. Guinea hens. dozen.
SOL. Leghorn springs. lie, Leghorn
lens. i0isc. cheese-TE ls9 IS e.
paisiss 49, nc; Lonrhorns, itla.i iss.
Pcfafoes-suppiy liberal northern Stock
derand and trading SlcV: market dull;
other stock demand and trading moderate.
market steady. Wisconsin round whites.
17is&ssc. commercial Ggaee; cents;
Idaho rusxetE 81 6oG 18Th. Colorado Nc
cures. sfs3fiso Arrivals. -. On track.
"a. aaipneni1. go.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
Slump Costs
L1fFederul
Expenditures
Total Spending Under New
Deal Is Approaching
II Billions.
BY RICHARD L. GRIDLEY
United Press staff Correspondent


WASHINGTON, Nov. Federal
expenditures under the New Deal
neared $1,000, OOO0 900 today as re-
covery costs were shown to have
already run the government lin the
red" to the extent of $500, 000,0 900.
Thus, in the first twenty months
of the New Deal, the administration
has piled up the largest deficit in
peace time history. 1t is prepared
to spend at least S6,000,O00, 900
more in its effort to lick the depres-
sion.
Treasury figures showed today
that S10045,968 of federal money
had been spent between the Roose-
welt Inauguration on March A. 1888
and Nov. l, 1884, or more than
double it's income Of $5,133, 297 $50 in
the same period.
Bulk for Recovery
Included in the vast expenditures
however, were S5,616, 225, 100 for re-
covery or relief costs. Had it not
been for these expenses, the budget
would have been in balance, as or
binary cost of government in this
period was only $5,116, 820,848, or APP
proximately equal to income.
On a daily basis, the government
under President Roosevelt spent fol
all purposes $17,8O0,OO0 every TWEEN
| ty-four hours and received in in
come only $8,500000. A total of So
100000 was borrowed every twenty
four hours to make up the def
cheney. AS recovery costs average
about SO 100000 daily, had it moi
been for this item the federal bud
get would have been balanced.
The Reconstruction Finance Cor
poration was the largest user of re-
covery money under Mr.. Roosevelt
having taken for direct loans anc
expenditures nearly S2,000,000,000 O.
the $5.616,225.120 recovery costs
civil works took S814,0O0000; emer.
gency relief, $1,250,000, 900; emer'
gency conservation, $33O,000,000 anC
public highways. 1857 100000.
Six Billions Available
Despite the already huge recover!
and relief expenditures of S5,616,'
225, 100, treasury officials counted TO-
day $6,176,972 ,9O5 as still available
for future expenditures of this char
acter.
The latter sum represented uneX
pended appropriations under thu
emergency and recovery agencies Sc
up by congress. If billions of dollar
additional is voted for public work
by the next congress, this sum woulC
be increased by the amount Of thu
new appropriations.
! Several billions of dollars of tn
$5,616, 225, 120 recovery" costs t.
date under President Roosevelt wert
estimated by treasury officials toda,
to be ultimately recoverable by tn
federal treasury when borrowers re
pay government agencies and whel
the government withdraws, if
does, hundreds of millions of dollar
invested in various banks. Nor
than half of the recovery" expendi
lures were estimated to have gon
into realizable assets.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
GRAIN VALUES RISE
IN CHICAGO TRADING
UpSWing Occurs in Sym
pathy With Trend Abroad.

By United Press
CHICAGO, Nov. 7.-Grain prices
on the Board Of Trade pushed frac-
tionally higher today in sympathy
with rise in foreign markets yes
terday;
Wheat started q to q cent high
err. corn was up 4 to z cent, oats
were Il to Il cent improved, rye was
unchanged to up Il cent, and barley
was up Il cent.
While domestic markets were
closed yesterday during the election
holiday, Liverpool and Winnipeg
registered advances.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
OHIO HOME LOANS UP
1922 Grants, Involving s14,767,41
Discussed in Month.
By Times Special

By Times Special
COLUMBUS, Nov. IA total Of
5,022 loans, having a total value Of
S14,767,416 were disburSed to Ohio
home owners during October, &C
cording to Henry G. Drummer, state
manager.
Last week 1889 loans were dis
bursed. with e total value of S6,927,-
365, of which $3.50 300 was covered
by Home Owners Loan Corpora
ton bonds.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
WILL SEEK FEED FUND
Nebraska Relief Administrator to
Ask S25O,OOO Revolving Fund.
By Times Special

~ I FHIt5 SDtCtuE
LINCOLN, Nov. IA s250,000 re-
volving fund to purchase feed for
cash sale to Nebraska farmers who
are unable to locate feed for their
livestock will be sought by Rowland
Haynes, federal relief administrator
for Nebraska. it was disclosed today.
The relief administration already
is furnishing feed to farmers with
not more than ten animals who are
on relief.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
COURTS UNFOLDING MIRA,
FEDERAL SURVEY SHOWS
Administration Supported in 80 Per
Cent of Cases.

Dy tWtS SptCtut
WASHINGTON. Nov. IA survey
made public today by the recovery
administrations legal division dis
closed that the courts throughout
the country are unfolding the Ma
tional Recovery Administration in
more than 90 per cent of the cases
in which it is concerned.
In slightly more than seven
months, it was stated, 129 court &C
tions have been recorded, of which
all but ten upheld the government s
contention.
The report OF the division said
that in the period of Sept. Is to
Nov. l there were only six decisions
adverse to the governments con-
tentions out Of seventy-three cases
on which federal courts acted.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
COLLECTIONS IMPROVING
Store Sales Also Reveal Expansion
During october.
BIZ Times SpeciaL

NEW YORK, NOV. 7-Sales and
collections in 103 major markets
throughout the country show a slow
but steadily improving trend, &C
cording to a survey made by the
National Association Of Credit Men
For the third successive month
the number of cities reporting good
collections and sales showed an in
crease
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
MAP HOUSING CAMPAIGN

The American Gas Association,
representing 500 gas utility COM
panies and 400 makers of gas appli-
ances, is formulating plans for i'm
mediate creation of region and state
agencies to cooperate with the bet
ter housing program Of the federal
housing administrator.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
PHONES IN USE GAIN
Bell System Reports Rise of $1,000
During October.

BIZ 7 IHe8 Npfcf1T
NEW YORK, Nov. Tan increase
of $4,000 telephones in service
throughout the Bell system was
shown during october. according to
the American Telephone and Tele-
graph Company.
In the comparative month last
year the increase amounted to only
Il, 400 telephones.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07

good assets to some
strong bank in the
community a n d
thus obtain the
utmost in the way
of proceeds from
the sale Of such
assets.
He figures, and
rightfully so, that
when a bank or
any other financial
concern is forced
into bankruptcy
and it's assets are
thrown on the
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07

market for sale the prices realized
are usually much below their &C
tual worth. In the case OF the
banks, almost all of which are in
sured by the F. D. 1. c., the losses
sustained through bankruptcies
would constitute quite drain on the
resources of the corporation, ana
consequently on other banks which
contribute to the insurance fund.
Another advantage of such plan
is that it would tend to prevent
bank runs. The merger, which
would be engineered by the F. D. L.
c.. could be handled without general
public knowledge. Deposit accounts
would be taken over by another
bank, and funds would be provided
through the sale of slow assets for
those depositors who did not wish
to do business with the merged in
stitution. Still another feature is
that communities would not be left
without banking facilities as they
were in many instances during the
recent bank troubles.
TINE large banks in the New York
area should welcome Mr.. Crow
ley's plan. They have fought the
deposit insurance idea all along on
the grounds that it required the
strong institutions to support the
weak ones and placed premium
on bad banking They pictured a
general collapse of the banking
system if the country were to run
into any such situation as existed
early in 1888.
The efforts which have been
made and which will be made to
strengthen all banks should go a
long way toward eliminating this
fear. Moreover, Mr. Crowley has
come out strongly for $4,000 maxi
mum Of insurance on deposits,
which also will greatly reduce the
liability of the banks and cause
them to rest more ca lily. In view
of his experience in banking and
his high position, Mr.. Crowley's
suggestions should bear considerable
weight with the administration.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
B-MT NOW WEIGHING
REVISED APPLICATION
Action Seen Ending Controversy
Over 100000 Issue.
By Times Special

By Times Special
WASHINGTON, Nov. Z. - The
controversy which resulted over the
listing of the Brooklyn Manhattan
Transit Corporations s10,000.000
bond issue is believed to be nearing
a solution, it was said here today.
According to reports, directors of
the corporation are weighing the
possibility of ending the episode by
filing new application AS the sit
uation stands now there is a posi-
bility that the matter may become
test case.
Company officials had attributed
the failure to file registration ap-
plication to The expense and the
length of time required.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
WARD SALES SET PEAK
Mail Order. Units October Volume
Highest of Year.
BIZ Times Spccial

D IWtt cptttuF
CHICAGO, Nov. 7.-October sales
of Montgomery Ward & Company
aggregated s29,703,5l1, the best
month thus far this year and an
increase of 30.4 per cent over the
corresponding period Of 1888, &C
cording TO figures issued today.
Only two october totals in his
tory topped last months aggregate.
These were in 1880 and 1929. and
represented two of the best months
in the company's history.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
Wall Street
service between Chicago and the
RALPH HENDERSHOT-
Times Special Writer

NEW YORK, Nov. LEO T.
IN Crowley, chairman of the Fed
eral Deposit Insurance Company,
and one of the foremost banking
leaders in the country, has a rather
unique idea of how to ward off bank
failures in the future. Mr.. Crowley
would make it possible for the F. D.
I. G. to purchase the poor assets of
banks which find themselves in
trouble, with the idea of selling the
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
DICKEY PLAN APPROVED

KANSAS CITY, Nov. THE re-
organization plan for the w. S.
Dickey Clay Manufacturing Com
pany. which has been in receiver
ship since January, has been APP
proved IN federal court here.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
COMMODITY PRICES UP

WASHINGTON, Nov. 7.-Whole-
sale commodity prices advanced
from TAB to 746 during the week
ended Nov. 3. according to the Ma
tionaI Fertilizer Association.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
FKrIrs AND VEGETABLES
fRr limited Press

CHICAGO Nov. -Apples-McItosh.
1900 S1--fuch SrTSn1. Jonathans.
e. 49, 81 sweet po-atoeS-TenneSsee
S--r-fe 7sTeSr Letruce-California
----e e 49, SO PenperS-IllinciS.
S-.-seis snfT e0c Celery Michigan.
.-,.-. rates 40ff-Sc OREGON cauiifoWer
~--s~.e sf 1srfr sS Cram erries-Massa-
-I.-s-..s / barrel SsfnGS25. Wisconsin.
81 ssGsSs SpinaCn-Alisscurl. bushels. =
= sor Carots-Illinois. bushels. SOC.
p,,-~res lie Celery-CahbaEe. Michigan,
go Gates 1SWSSc BeetS-Tlinois and
Indiana. punches. isGic. OnionS-IlinoiS.
cregu punches. SO SC. -.-,-
xsiinurS 81 Michigan whites. 81 -2S1 5.
western yeIioWs. SfGioS-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
THE head of the Federal Deposit

i Insurance Corporation is not
worried over the large amount of
government securities held by the
banks at the present time. He ar
CUES that the total seems large only
because of the small amount of
commercial loans. He calls atten-
ton to the fact also that these Sc
curities are the safest investments
banks can make, and holds they
could be easily liquidated if the &C.
casion ever arose. He maintains,
tou, that the banking system is suf-
fering from excess hquidity rather
than from lack of liquidity.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
Chicago Grain Futures
LOCAL CASH MARKET

City grain elevators are. paying 81 cents
tor No. soft red wheat. other graz
on their merits. Cash corn No 3 yellow
So cents and oats 43 cents
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
WEALTH STUDY
HELD CONFUSED
BY DEMAGOCUES
Control Problems Made to
Conflict With. Ownership,
Income Spread.

This Is the hfth OF a series OF weekly
articles to be published in The Indian
apolis Times written by members Of the
economies department of New York
universisys school Of commerce, &C
counts and finance
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
Chicago Stocks
Retail Coal Prices
- DOMESTIC RETAIL PRICES

The following prices represent quotations
from leading Indianapolis coal dealers
A 25-cent carrying charge per ton will be
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
Alien Markets Sought

S~The chief effort of the admin
istration's farm program now is 20
capture foreign markets. This was
indicated by Secretary Of Commerce
Roper last week when he declared
that the permanent solution of our
farm problem rests to a considerable
extent upon the revival of proper
export demands for our agricultural
Products
in the reorganization Of the
NRA the relaxation of price and
production control is to apply prac-
tically TO all except natural re-
source industries. such as coal, oil,
iron and steel. Among those codes
which are in for an overhauling is
that Of the lumber industry with its
elaborate system for controlling the
volume Of production and price
levels.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
Treasury Statement
CBv United Press

WASHINGTON. Nov 7.-Government
expenses and receipts for the current
fiscal wear to Nov. s. compared with the
corresponding period OF the previous fiscal
wear
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07
Business Disappointed

"Initially." the review continued,
sit was believed that recovery would
come If prices were raised by curb
ing the production Of the farmer
and the business man. NRA and
AAA were the spearheads Of this
effort. However. except for its sharp
improvement during the middle Of
1888. the trend Of business has been
disappointing. On relief and gov
eminent work projects are prac-
tically as many persons as there
we're a year ago. The figures this
winter actually may be higher than
last year.
These facts have been recognized
BY the administration and they are
responsible for the gradual scrap
ping Of practices designed to carry
out the economy Of scarcity. While,
in the case Of the AAA, there is no
intention of abandoning some
system Of farm control, the blowing
under Of 100000 acres of cotton
land and the killing of 100000 hogs
las was done last year-are things
OF the past.
s"AAA officials are telling farmers
that their position has been i'm
proved about all it can until general
business improves more.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-07

D elopm ents in
Trade and Industry