davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
TOP PRICE FOR
HOGS is $3.50
Values Generally Is to rs
Cents Higher in All
Divisions.

Packers and livestock dealers at
the indianapolis Union StockyardS
today paid the highest prices for
hogs for more than three years, fol-
lowing an increase Of from Is to Is
cents in all divisions.
The sharp advance, after setting
new high, sent prices for good and
choice grades within 40 cents of the
SO mark. Initial demand was ex-
tremely heavy and trading turned
active. Receipts today we're eSti-
mated at 1000, same as yesterdays
figures.
Bulk of 100 to 275 pounds, sold at
$3.50 to $3.50, while heavier kinds,
from 275 and upward, brought 1926
to $8.45. Light classes. from 100 to
$50 pounds, cashed in at S675 to
SITS. while 100 to 1870 Founders
brought $3.50 to $3.50. Packing sows
held at ST to $765. Holdovers were
174.
Practically all prices we're I'M
changed in the cattle market with
only slight activity evident. Quality
was plain. Bulk of early steers
ranged downward from $40. Others
were inactive. Receipts were 5000.
Vealers moved sharply so cents
higher, selling at $40 down. Re
ceiptS were 400.
With extremely heavy supplies on
hand, lamb values were largely 40
to so cents lower than yesterdays
average. Early sales of good grades
ranged from $3.50 to $3.50, while
heavies sold at So down. Throw
outs held at $3.50 to So. Slaughter
sheep cashed in at $3.50 down. Re
ceipts were 5000.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
Produce Markets

Delivered in Indianapolis prices: Heavy
breed hens. 13c: Leghorn hens. &c, col
ored springers, l3c; heavy stays. &C.; Leg
horn stays, &c; old ROSTERS &c; ducks;
full feathered and fat, l0c; geese, full
feathered and fat. &c; all classes Of
guineas, 15c; No l strictly fresh country
run eggs. loss of, &c. Each fun case must
weigh SIS lbs. gross, a deduction Of lOc a
pound for each pound under S. lbs. VIII
be made. Butter-No.. /. 800 zoe, butter
(By United Press
CHICAGO Feb. l4.-Eggs-Market I'M
settled: receipts 1913 cases; extra hrsts,
29 &c: fresh graded frsts.. 29l4c; current
receipts 23c; dirties. 27c. checks. 26c. But
ter-Market. weak: receipts. 48lZ tuosi
extras frsts (90-9112 scorel. 35l4c; extras
l92 scorel. 35lzc; frsts 1882 sCorel,
341zG 35c; seconds lS6-37i7 scoreI. 3az@
Sac seconds f86-87l2 scorel, 1872 154ci
specials. 36d36i2c; standards. 5o94c.
Poultry-Market. easy: receipts IL tIueks.
erS. Leghorns. lac; broilers. 22-23c: ga
pons. 6 to I lbs, 23c. old ROSTERS. 1870
i4c ducks, i7@l8c; turkeys. l8.2lcSi geese.
twins i7dl71tc daisies ia qsi ,i..,T.;
LonRhorns, l7i2d1734c. Potat oSs-Supply
li5eral demand and trading slow: mar
ket dull Wisconsin round whites. &c.
Idaho Russets 81 Asa l.4l one car me
quality. $3.50; Z. S. No. ?. Sl.Oo,, arrivals
9s: on track. sol; shipments 8o8
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
Stock Studies

The largest chain of variety
stores in the world is operated by
F. w. Woolworth Co. for its and
10-cent stores are familiar in lead
ing cities in many parts of the
world. At the end of 1884 the COM
pany operated 1857 stores in the
United States, Canada and Cuba -
20 new stores being opened during
1884.
The company's British subsidiary
operates SGT stores, while the
German subsidiary has 81 stores.
The steady expansion Of the COM
pany has been financed entirely
from surplus earnings. In relation
to sales volume expenses were
lower in 1884 than in 1888, although
actual expenses increased due to
taxes and the wage provision OF
the retail code.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
KR0GER EARNS S2.31
Dividends Of SlS6.477 Received from
Piggy wiggly Corp.

b tHitt cItIiat
CINCINNATI. O.. Feb. l4.-Net
income OF the Kroger Grocery and
Baking Co. for 1884 was S4.lss.24i-
after Federal income tax. equiva-
lent 10 1921 on the common stock
outstanding. according 10 the an
nual report made public today.
OF this income, sls6.477 repre-
sents dividends received from the
Piggy Wiggly Corp. a subsidiary.
Deducting this amount from the
anaI net income. a net profit from
operations Of s4.0ll.764 IS shown for
1884, compared with $4.546,2O3 for
1893.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
6. M. C. JANUARY SALES
INCREASE So PER CENT
Shipments Of Cars, Trucks During
Month Set Record.

b. fWrs NptfiHt
NEW YORK. Feb. 14.-OverseaS
sales OF General Motors cars ana
trucks from all sources in January
totaled l9I67 units. an increase OF
IS per cent over the corresponding
month OF 1894. and the highest
January sales ever recorded, It vas
learned today.
The figures in question cover the
products OF the corporations Ameri-
can. Canadian. English and German
factories sold outside of the United
states and Canada. American-source
sales alone in these overseas mar
kets showed sn increase Of l23 per
cent over a year ago. with heaviest
gains recorded in the South Amer
lean. Far Eastern. AuStralaSian and
south African markets.
Recovery in these areas Is extern
sive. and has more than compen-
ssted for the SluggiShneSS in evi-
dence IN several western European
countries where automotive con-
sumption generally remains at a low
level.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14

One phase Of the proposed bill is
extremely important. This is the
one which provides that the open
market and discount operations of
the Reserve System are to be lodged
in the hands of an open market
committee of five. Three of the
members of the Federal Reserve
Board, while the other two are to
to be governors of two OF the Fed
eral Reserve banks.
Politicians in Control
AS though this would not give
politicians enough control Of the
open market committee, the bill also
provides that from now on the gov
errors of the regional banks can
only hold office subject to the ap-
proval of the Federal Reserve Board.
Thus in essence this new committee
will contain three political ap-
pointees and two people approved
by these political appointees, or five
politicians.
Since the Reserve Board has all
the power it needs to control the
banking system of this country at
present, the question arises as to
why the above changes and numer-
GUS others are being offered. Sew
eral solutions suggest themselves.
Compromise Suggested
First, these changes may be a
compromise" with those people
advocating a control bank. In this
connection it would be similar to
the silver legislation and other in
fationary measures which have
been approved by the President.
However, in view of the fact that
the provision of this proposed act
are so extreme as to satisfy the
most Jealous of government-control
banks opponents, it appears as II
this suggestion must be ruled out.
Secondly, it may be an attempt
to force credit into circulation. The
provisions, calling for a revision
and an easing of the requirements
on real estate, suggests that this
may be the case. The indationary
implications of the proposed bill
are in direct contrast with the re-
strictions contained in the Banking
Act of 1888.
Need to Find Money Seen
The third possibility is that the
administration wants to be prepared
for any contingency that may arise
and to make sure that it will not
be faced with a recalcitrant Reserve
Board, if securities must be sold to
the system.
Putting the control of the banks
of this country in the hands of po-
litical appointees would spell sui
eide for the entire banking system.
1t would tend to make "hock shops
out of our banks. Although some
of the other phases Of the bill, es-
pecially those referring to Federal
deposit insurance, have some merit,
the unsoundnesS of the provisions
referred to above more than Offset
any good that may be derived from
these other sections.
Politics is politics, and banking is
banking. However, when the two
are mixed there is bound to be
trouble and excuses.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
On Commission ROlU

Quotations below are average wholesale
prices being offered to buyers by local
commission dealers.
=, Fruits.-.Grapss. California Emperors a.
r. DO s2a5 Bsnsnas Sac od s APB i
cious. s175dIs5. Lemons. Sunkist. 260s.
Arizona. Gas. 70s and sos. $3.50. Lines
iI ess per hi hundred ed 81. Pears. oregon
panic. box, $50 Pi.n5e2a6ppless, 80. Porto 9r:
Florida. box. $50. Strawberries. Florida.
pint, i2c; per Sept. crate lac. Apricots.
Yegetahles-Cahbage Northern Danish.
S0-lb. bag. Siqi red. 50-lb. box. 81 rs;
New Texas cabbage. 50-lo bag. sl.75dl s5;
Onions Idaho. sweet spanish. large. So
western white. 50-lb bag. So: Michigan
yellow. ,sl.25. Potatoes. Green Mountains.
Ioo-ib. hsS. sl5o: noTthernTo "a round ~ white .s:
idaho Russets. ioO7ib. bag. 81 90: New
Texas Triumphs. 50-lb. bag 50: New Flor
ida TriumphS. bushel. $3.50. Sweet DO
tatoes: InSians JERSEYS; 5ushe.ls slSs;
stringless. hamper, S2.75d3.75. Celery.
Florida. $3.50 8 crate; California. $3.50 q
crate; medium. dozen, CSC: jumbo. dozen.
6 csuP B6S h95 hS nSv. d05 catornS
s ss25 do sgG Ese. 6ashe 5o. tsttuce hot
house; ls-lb, basket; SIS: Arizona Ice
crate STsS he SO. Mint. Bunch Sc. PARSLEY.
Texas. bUshel, So Radishes. dozen. soc
T9m2t9es le q S 9aE59n b. siO sc 9sEs
carrots, busae:. 81 IS: .loo-lb. sack. SIS.
RhusssTo: hot ho Use ass S-lo' carton 0oc-
All quotations subject TO change I'D or
down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
KIDD WILL ADDRESS
INSURANCE GATHERING
Former Indiana Commissioner to
Speak on Friday.

John c. Kidd. executive secretary
OF the Indiana Association OF Legal
Reserve Life Insurance Companies
and former insurance commissioner
Of Indiana. is 70 be the guest speak
or of the indianapolis Chapter OF
chartered Life Underwriters az a
luncheon meeting IN the Columbia
Club. Friday.
Mr.. Kids subject IS Confidence
the Fabric Of Life Insurance" Ed
ward A. Kruger. chapter president
viii preside.
The program is in charge Of Car
Mccain. Members throughout the
state. and their guests, are expect
ed attend.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
FEDERAL FARM LOAN BONDS
BY Blvth & Coz
81 EMPLOYEES ELIGIBLE
GRAPHIC Products Workers May Get
Life Insurance.

Sixty-seven employees OF GRAPHIC
Products. Inc. manufacturers of
automobile parts here. have become
eligible to life insurance in amounts
ranging from $1,000 to $500 through
the adoption of a group life insur-
ance policy with the Prudential In
surance Co. of America, it was
learned today.
The policy involves total of
s77,500 and is of the contributory
type, the employees themselves pay
ing part of the premium and the
remainder of the expense being as
sumed by the company.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
TEXTILE TRADE GOOD
January Consumption Ahead of
Same Month Last Year.

By Times Special
NE WORK, Feb. 14-''The year
seems to have gotten off to good
start, so far IS textile mill actly-
ity is concerned" Textile World will
report in its February issue to be
published Saturday.
"On the basis of incomplete in
formation and with official statistics
not available at this writing, we
would estimate January consump-
ton of textile fibers as slightly
greater than that for the CORE
spending month last year." the re-
port continues.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
Food Shares Firmer

Optimism over food and packing
issues is directly related to steady
climb in meat and dairy prices -
which is expected to be translated
into increased profits in the first
quarter of the year. Retail food
prices based on a 1918 average as
100. rose % per cent to 1885 during
the two weeks ended Jan. Is. en-
phaSizing the upswing in living
costs.
Those bullish on Goodyear believe
that the corporations new Life
guard tube, which is of radically
different construction, may con-
tribute handsomely to earnings once
it is fully established in motordom.
According to engineers the tube
minimizes the effects of blowouts
through its double construction, an
inner chamber remaining inflated
even though the air escapes imme-
diately from the outer casing.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
U. S. CHECKS SILVER
IMPORTS FROM CHINA
Major Sources Of Supply Are Great
Britain, Mexico and Peru.
BvTimes Special

~ tmcs special
WASHINGTON. Feb. 14.-Ap-
parently confirming reports that
the United States would relax
Silver-purchasing from China,
United States silver imports from
that country in January we're only
sl6S,000 in the total imports of Sl9.-
OS5 900. according TO Department OF
Commerce statistics today.
Major sources of United States
silver imports we're the United
Kingdom, which shipped Sl3,552.-
900; Mexico with S2.62S, 900; Russia,
$4,000; Peru. $4,000. and Chile,
klz7, 900.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
NET RISES SHARPLY
Commercial Credit 1884 Operations
Best Since 1925.
By Time Special

BALTIMORE, Feb. 4.-The an
nual report of the Commercial Cred
it Co., consolidated to include its
subsidiaries, for 1884, certified by
independent auditors, shows that
operations for 1884 were generally
more satisfactory than for any year
since 1925.
Net income applicable to divi-
dends on the common stock for
1884 was 1929 ,983, or SAIL a share
on the shares outstanding at the
end of the year, compared with ST.
452.167. or s1.52 a share, for 1893.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
GRAINS HOLD STEADY
IN LIGHTER TRADING
Routine Developments Are
Ignored in Early Sales.
By United Press

CHICAGO, Feb. 14.-Grain prices
held about steady in light trad
ing session on the Chicago Board of
Trade today.
At the start wheat was p cent
lower to Is cent higher, corn was
unchanged to % cent lower, oats
were unchanged to down 4 cent
and rye was up y to p cent.
Routine developments were ig-
nored at the beginning Of the ses-
sion as traders held to the sidelines,
awaiting the Supreme Court deci-
sion on gold. Little attention was
paid to early firmness at Liverpool.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
FRUITs AND VEGETABLES

CHICAGO. FEB. 4-Apples-Michigan.
ST 60Tl75. Caulficwer-Californi crates.
Si25dl40. Cranberries = Massachusetts,.
Il barrels. 81 5oG5. Sweet potatoes =
tennessee bushel. s0cGSi: Indiana. Sl.25
also. Turinps-California, crates, 81 50
d225. .CarrotS-California. crates, 81. I5a
3. Lettuce-Western crates. S2.75G2. 80.
PsrSnips-Iiinois. buShel so q soc. Bets
Illinois, bushel 40G soc. Beans-Florids.
bushel. sz.25G2 so. Spinach-Texas.
bushel 81 asa l.SS. Nmatoes-Mexican
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
FINANCIAL DATA

WOOIWOrth was Incorporated III
1911 in New York. The stock is
listed on the New York Stock Ex-
change. At a current price of around
549s it sells to yield nearly Az per
cent and for 1615 times earnings.
IAN Rtghts Reserved winchester Institute
Of Finance. Winchester. Mass.).
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
INCOME OF INSURANCE
FIRM AT NEW PEAK
Earnings of John Hancock Mutual
Life Co. Set Record in 1884.

bN 4mcs special
BOSTON, Feb. 1.-THE John
Hancock Mutual Life Insurance Co.
passed the billion-dollar mark in
payments to policyholders and ben
eficisries during 1894 and enjoyed
the largest income of any year in its
hiStory according to the report
made by Walton L. Croker, presi-
dent. before the 72nd annual policy
holders meeting.
Substantial increases in assets. in
Surance written and in force as well
as IN surplus. were also shown. New
paid-fOr insurance written during
the year. the report shows. amount
ed 10 $751;. 659.3l3, an increase over
the previous year Of S37 ,59l 500 and
representing a gain Of II per cent in
ordinary insurance. Outstanding
insurance amounts TO Sab ,e67, I69,
gain Of So, 25S.SO7. Payments to
policyholderS and beneficiarieS
amounted 10 sol ,s77,154O3.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14

b u sin SIS man
whenever he felt
his toes we're be-
ing stepped on.
Some seem TO
think the admin
istrati0n defeat
IN the World
Court issue and
he appare ntly
solid stance Of the
United States Su-
oreme Court have
given them cOur-
sze TO come out Of
heir shells. Others
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
Hides and Skins

Eides-Green country cows and steers.
&c dat: green country bulls and CLUES,
2izc nat: green country cali hides, 4lzc
borsa hides with full heads. shanks,
names and tails. $3.50: medium size. 50.
All No. 2 grade horse nides, soc less: Clues
talloy, 4IzG5c; No. at value. Yellow
grease, 4Q4lzc; DARK grease. alz9sAeS
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
H. b. BROWN TO SPEAK

Harry Boyd Brown. merchandise
ing manager of the Philco Radio
Corp, will speak at 1915 p. m
Thursday in the Columbia Club be-
fore the Advertising Club of In
dianapolis. Incl u was announced,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
Wall st.
Loss of Fear Being
Displayed by
Business.
by RALPH HENDERSHOT-
Times special Writer

NEW YORK. Feb. I4.-Indica-
' tons are that business peo-
pie and financiers are beginning
70 strike Of the shackIes OF fear
which has held them in its grip
since President Roosevelt took Of
fee. From s-vrral quarters Of late
have come utterances rejecting
the spirit Of combat which for
merly characterized the American
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
Ne7C Banking Bill Seen
AIl07Cing Political Grip
ON Open Market ActiUito'
Economists Assert 1t Would Violate independence of Fed
eraI Reserve System and Lead to UnSound
Practices
BY JULES BACKMAN AND A. L. JACKSON
Editors. Eeonomics Statistics. Inc.

Feb. 1.-THE theme of the banking bill that
When bank
proposed legislation within the
old System Twelve banks will
of the nasti his is ased
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
(By James E. Bennett)
LOCAL Cash MARKET

City grain elevators are paying SO cents
for No. 2 soft RED wheat. Other grades
on their merits. Cash corn No. yellow
SO cents and oats As cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
Utility Preferreds Are Strong

Feature OF the power group has
been the sustained strength in some
OF the old-line preferreds, notably
the Electric Bond and Share issues
on the Curb where abrupt move
ments of substantial proportions
have taken place.
Buying is said to be based on a
careful study of the breakup valua-
ton of such stocks which indicates
a favorable comparison with current
market valuation. Direct earnings,
as applicable to senior obligations,
also came in for consideration.
The long dormant feathers are
being watched by spectators for
signs Of revived demand. Wall Street
it appears, is taking notice of i'm
proved factors in their situation.
American Hide and Leather
plants are operating at so per cent
Of capacity, and officials of United
States Leather announced last week
that the company had sold 1900
acres of standing timber and 1900
acres of strip land to the Federal
government for S760,O00. Funds re-
ceived in this way will be used to
purchase prior preferred stock for
retirement.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14

hold that they have just had a
chance to catch their breath, and
that the seriousness Of the indus
trial revolution which has been
taking place has spurred them on
to a last-ditch stand.
Irrespective Of the causes OF
their change in attitude. the fact
that they apparently have stopped
their retreat is an encouraging de-
vcl0pment. The people Of this
country seem quite cratic in their
attitudes. one day they place our
fndustrialists and bankers on ped
estals. and the next day they take
the position they should be legis-
lated out OF business. II they are
able to get both sides of business
arguments IL is reasonable to sup
pose that the legislative results Will
prove satisfactory.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
Traffic Best Since 1881

Traffic was the best for any like
term since 1881, the gains being &C
tolerated by increased activity in
the steel and automobile industries,
which helped lift the total to $685.
1874 cars, a gain of 1896 over the
previous week; 32,763 over the like
term Of 1894 and 112,105. or % per
cent, over the 1888 period. That rail
issues viii bear close watching in
the next few days for more pro-
nounced rallying indications is the
growing belief in the financial dis
trict.
Flurries of new buying in the
petroleum shares are largely at
tributed to reports that the Conally
Gill. which aims to prohibit hot oil
shipments. will meet with practical
" no opposition in the House this
week. Except for the hot oil prob
lem the petroleum industry Is re-
garded as being in good statistical
position, with stocks of leading units
ready to respond to the usual spring
influences Of increased gasoline de-
mand.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14

(By United Press
EXPENSES and receipts for the current fiscal
wear to Feb II. compared with the cor,
responding period OF the previous hscaI
year: -. w.,
Expenses .s42s79g5854 1se s S So ist Ss515
B Beoi3 2d82 s g So SS
Cash bal. 2.2O1, 711,73123 4244,749, 410.S5
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
What Does 1t Mean?

Conditioning of a group of producers to control
output sales prices and establishment Of quotas for
ndivdual members is cartel The cartel Increment is
prominent in foreign countries.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
INTEREST RISES
AS RAIL ISSUES
RECEIVE BOOST
Market Action Indicative Of
of 0verSoId Condition,
Analysts Believe.
BY ALBERT X. ETTLINGER
Times Special Writer

NEW YORK. Feb. 14-More
backbone Is being shown by the
rail shares. with some evidence
that this group has been oversold
to a point where 2 technical re-
bound OF substantial proportion
would not entail much effort - if
needed incentive were furnished.
That opinion, expressed By a
number OF market analysts today,
probably took into consideration
the outlook for legislative relief
expected to be given the industry
BY Congress in the near future.
Carrier stocks in recent sessions
have been more sensitive to new
demand. The favorable statement
OF car loadings for the week of Feb.
2 undoubtedly aided sentiment, but
owing TO the nervousness in the
general market, its effect was not
as great as might have been the
case under ordinary circumstances.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14
Retail Coal Prices

The following prices represent quota
tons from leading Indianapolis coal DEAL
ers. A 25-cent carrying charge per ton
will ha added
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-14

II ICHARD WHITNEY. presi-
Il dent OF the New York Stock
Exchange. made the best speech
OF his career as head Of that in
stitution on Thursday night at a
dinner in honor Of E. Burd Grub,
retiring president OF the New York
Curb Exchange. II was not so
much what he said as the way he
said IL. He gave the impression
Of a man who has been placed
with his back against the wall and
was really beginning to fight.
He received a great ovation from
chose in attendance. They liked
the fighting spirit he displayed,
and indicated they were only too
anxious to rally behind him. The
charge has been made in the
street on many occasions that Mr..
Whitney was not sufficiently ag-
gressive in the defense Of the brok-
erage business.
Yesterday a group OF prominent
public utility executives made
protest against the propose legis-
lation affecting holding col anies-
They asked that the legislation be
confined to regulation and not L
clude the destruction Of the CON-
panies themselves.