davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
GIeaningS

A summary Of corporation news
prepared by the Standard Statistics
Co., Inc, New York, follows:
American Airlines, Inc, revenue
passengers carried in December
totaled 8157 against 1858. In the
twelve months ended Dec. 81, total
was 103,745 against ll4,50l.
Auburn Automobile Co prices on
the new 1885 Of supercharged eight
cylinder cars range from S1445 for
the brougham to S2245 for the
speedster.
Armour g. Co. (nlinois) common
share earnings for the year ended
Oct. Z, we're 81 cents against 36
cents in year ended Oct. %. 1888.
American Founders Corp. net
asset value on Nov. 80. 1884, equalled
So cents a common share against %
cents on Nov. 80, 1888.
Chicago Corp. net assets Of this
company on Dec. 81, 1884, equalled
S48O1 a share on 660,966 shares of
So preference stock. against s46.73 a
share on $500, 466 shares on June 80,
1884.
Chrysler Corp.-It was said more
than three thousand of 1885 Airfow
and Airstream De Soto cars have
been shipped to dealers to date and
that plant is nearing capacity out
put; retail deliveries are running
we'll ahead of like 1888 period.
Cutler Hammer, Inc, net ship
ments, quarter ended Dec. 81, we're
$1,300,250, against $1,046, $50 in like
1888 period In the twelve months
net shipments were $5,116098
against $3,655,367
Consolidated Retail Stores, Inc,
December sales we're up 10 per
cent; twelve months Up II per cent.
Erie Railroad deficit for the
eleven months ended Nov. 80, was
1928, 284, against net income, $685.
OLA.
General Motors Corp. sales by
company abroad last year totaled
220,560 units. an increase of 81.3
per cent.
Gillette Safety Razor Co. has Of
fered to purchase up to 81 900, 900
face amount of its ten-year 5 per
cent convertible debentures, due
Oct. 1. 1910, at 1882 and interest.
Debentures are to be presented to
Old Colony Trust Co., Boston, on
or before Jan. %.
Grand Union Co. gross sales, in
Guiding subsidiaries, f1fty-two weeks
ended Dec. 90. were up 1.3 per cent;
store sales in same period we're of
2 per cent.
Great Northern Railway deficit
for the eleven months ended Nov.
80, was $2,458,701 against deficit
$5,365,210.
iron Fireman Manufacturing Co.
net after taxes in 1884 was around
$4,000 against $330,O00 in 1888
Julian & Kokenge Co. common
share earnings for year ended Oct.
81, we're Sill, against 81 cents.
Lindsay Light Co., 1884 prelim-
mary common share earnings were
IS cents, against 81 cents.
Magnin Cd & Co., declared four
quarterly dividends of $3.50 on 6
per cent preferred stock, payable
during 1885.
Mohawk Hudson Power Co.
Declared a dividend of 81 share
on preferred stock; on Nov. /, 1884
quarterly dividend of $1.75 a
share was paid on this issue.
Montreal Light, Heat and Power
Consolidated - December electric
output was 2.8 per cent above like
1888 month; in twelve months of
1884 electric output was "a per cent
above 1888.
Paramount Motors Corp-Defcit
for the year ended Sept. 80, was
1900, against net income S5,013.
Prudential Investors, Inc.-Net
asset value on Dec. 81, 1884, equalled
$6.75 common share, against 1898
on Dec. 81, 1888.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
Bonus Fears NIinimized

The strength in Government, Incl
dental.y has minimized fears in the
financial district that advocates of
further payment to Worlds War
veterans o ntheir adjusted service
certificates will make much Roadway
in the present Congress. The con-
sensus is that compromise might
be reached which would provide for
additional loans on the basis of the
existing cash redemption value of
the outstanding certificates.
Such a development. it was indi-
Gated, would involve the payment of
only a few hundred millions to the
veterans at the most. This amount
could be obtained through addition
al financing without hardship to the
Federal debt structure. Discussions
preliminary to a compromise, it is
felt, might result ma temporary
recession in Government bond
prices, but realization that a rela-
lively small disbursement would not
affect the Treasury's credit is ex-
pected to bring about a recovery.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
TEXTILE ACTIVITY GAINS
Increase in 1884 Is Especially No
ticable in Rayon.

An upward movement of textile
activity, which was especially pro-
nounced in the rayon market, fea-
tured the close Of difficult year in
this industry, according to the
Textile Organon, published by the
Tubize Chatillon Corp.
A startling increase in December
shipments Of rayon, lifting the in
deX of deliveries for that month 70
ATT, compared with 374 in November
and 1884 monthly average of 348,
is reported by the Organon.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
CAR LOADINGS Squirt
1858 UNITS IN WEEK
Jan. 5 Weeks Total Is 2,74O Of
From 1884 Period.

By United Press
WASHINGTON, Jan. 12.-Freight
loadings for the week ended Jan.
totaled 496,073 cars. an increase OF
1888 above the preceding week, but
a decrease Of 2,740 under the cor
responding week in 1884, the Asso-
citation of American Railroads re-
ported today.
Miscellaneous freight totaled 49,
$50 cars. an increase of 1886 above
the preceding week and 11,149 above
the same week last year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
PROGRESS REGISTERED
BY UTILITY INDUSTRY
1884 Sales Up IS Per Cent, Reeve
nues Gain Sc Per Cent.

By Times Special
NEW YORK. Jan. 12.-Dehnlte
evidence Of progress toward recov-
cry during 1884 Is found by Electri-
cal World in an analysis of Statis-
tics of the electric light and power
industry III its annual statistical and
review issue. Consumer gains. how
ever. weer greater than those Of the
power industry. for the rate Of in
crease in energy sold surpassed the
increase in revenue.
Sales in 1884 rose rs per cent
over 1888 10 a total Of 70,730 900 600
kiolwatt hours. while the CORE
spending revenue rose So per cent
to 1888 100000
The increase OF about s60.000O00
was approximately absorbed in
higher operating expenses aside
from a further increase of S25 000.-
600 in taxes. bringing the latter
item to q total Of $4,000 900. the
organ points out.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
CONSTRUCTION GAIN
Increase During Week Shown in All
Major Subdivisions.
3 - NnrclaI

By Times Special
NEW YORK. Jan. 2-Engineer-
ing construction for the week, re-
ported today by Engineering News
Record at $1,000. was higher in
all major subdivisions. Private work
totaled 81 $4,000 and public ST.
397. 900. Of which S7.41s.O0 is Federal
and Sle.979 900 state and munich
pal.
AS to classes Of work. streets and
roads are exceptionally high.
SlO.563 900. earthWork and water
ways. s6.200000; public buildings,
s4.626. 900: bridges. SASS 900:
waterworks. $4,000: sewerage.
sl547 900: private unclaSSlfied work
totaled s3,O45.000 while commercial
buildings awards were low at
$3.50 900 and industrial buildings at
$3.50
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
FLOUR OUTPUT LOWER
By Tim g Special

d I IWIEs 4 VFITTt
NEW YORK, Jan. 12.-F7our pro-
duction in December Of companies
representing 80 per cent of the mills
in principal flour centers amounted
to 4,946 1913 barrels, against SOL 974
barrels in December, 1888, General
Mills, Inc, estimated today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
USUAL DIVIDEND VOTED

By Times Special
NEW YORK, Jan. 12.-Directors Of
the Continental Can Co., Inc, have
declared the regular quarterly divi-
dend Of so cents share on the
common stock. payable Feb. Is to
holders of record Jan. IS.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
RECEIVES NEW ORDERS

bH IWfs NpfCl1I
YORK, Pa. Jan. 12.-The York
Ice Machinery Corp. has received
orders to air condition q cars for
the Reading Co.. and 10 cars for the
Central Railroad of New Jersey, it
was announced today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
FOOD INDEX AT PEAK

By Iimes Npecial
NEW YORK, Jan. 12-Dun &
Bradstreet's food index rose Z cents
IN the week ended Tuesday to reach
S2.65. the highest figure since Nov.
ID. 1880.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
READY MARKET
FOUND INSURED
FOR U.S.ISSUES
Financing Program fol
Work Relief Seen Done
on Good Basis.
BY w. IAN MACK
Times Special Writer

NEW YORK, Jan. $50 favora-
bly, was President Roosevelt's bud
get message received in bond circles
that. in consequence Of the brisk
upward movement in Government
bond prices that followed submits
sion Of the budget figures, conf
dence was expressed generally that
the Treasury would experience no
difficulty in undertaking huge fnan-
cial operations to provide for the
emergency requirements Of the vari-
Gus governmental agencies.
That orthodoxy was being pur-
sued by the Administration in con-
nection with Its budget program was
conceded in many quarters. In
this respect 1t was pointed out that
the proposed ALLEGATION of $4,000
100000 to work relief, insted of di-
rect cash disbursements to the I'M
employed, was a constructive devel-
opment. in that a substantial pro-
portion of the projects to be under
taken to provide jobs would be Of
the self-liqudating type.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
Cash Balance Formidable

Some time vii elapse before the
Treasury will have to resort to bor-
rowing to meet emergency require
ments, some observers predicting
that large-scale financing may be
deferred until near the close of the
1934-35 fiscal year on June 80. In
substantiation of this belief, they
pointed to the formidable cash bal
ance Of the Treasury, which ap-
proximates S2,5OO,00O,000. This
amount, together with anticipated
revenue, should suffice. it is felt, for
current needs.
Give mas stable a market as now
exists, the Government, experts ex-
planned, should be able, unless in
flationary pressure becomes more
potent, to finance its emergency
needs on both a short and long
term basis at attractive rates. Dis
counts on bills now are near their
low level of last summer. Certifi-
cate issues of intermediate matur-
ity are finding a ready market at
low coupon rates, and long-term OBJ
legations are priced to yield an av-
erage of only % per cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
Resources Face Depletion

The fact that Standard Oil SUBJ
salaries, Humble Oil and Carter
Oil, have been expanding very
heavily their purchases of oil prop
erty in the Midwest and Texas
fields, is also taken as an indica-
ton that available supplies prob
ably would soon be disastrously de-
pleted under unrestrained produc-
ton.
The result under such circum-
stances would be exhaustion of the
Nations oil resources. Faced with
this possibility, oil producers believe
that Congress will act quickly to
remedy the law which has brought
prosperity to owners, and made it
possible to place tens of thousands
of additional workers in remunera-
tive employment.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
Ordinary Surplus Cited

Moreover, authorizes explained
that, although the public debt will
rise TO the record total of S34239,-
600,0 900 at the close of the next ifs
cal year as the result of the emer-
gency budget, the prospect of an or
binary budget surplus of more than
100000 before sinking fund re-
qulrements inspired much of the
recent buying that came into the
market for Government securities.
Contributing additionally to the
favorable potentialities indicted for
the huge financing program, it was
pointed out, is the fact that the
Treasury, through the refunding
operations under taken in 1884, has
reduced the number of large ma
TURTLES to a constable extent, be-
ing confronted only with moder-
ately sized bill maturities during
most of the current year. AS a re-
suit of refundings, the ratio of
short-term obligations to the ag-
gregate public debt has been pared
substantially.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
CONGRESS SEEN
ACTING QUICKLY
To PROTECT OIL
Leaders Believe Defect in
NRA Will Be Cured to
Prevent Chaos.
BY BARROW LYONS
Times Special Writer

NEW YORK, Jan. 12.-Unless
Congress acts Immediately to remedy
the constitutional defects of the
faulty drawn Section &C of the Ma
tional Industrial Recovery Act,
known as the Connolly amendment,
the oil industry faces chaos in the
near future.
This was the opinion expressed
today by leaders in the industry,
who have studied the decision of
the Supreme Court in the Amazon
Petroleum Corp. case handed down
this week.
The decision holds Section &C un-
constitutional on the grounds that
by giving the President wide latitude
in deciding when the clause is to
be applied and made effective, it
virtually delegates legislative au-
thority to him.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12

n EP. GREENWOOD Cd. Ind
N reintroduced a measure to
create a Wabash Valley Author
ity" patterned after the Tennessee
Valley Authority. The project calls
for an appropriation of s60000,000.
The NRA's Consumers Ad-
visory Board gave eight reasons for
the abolition of price fixing and
the consumers division of the
Emergency Council projected an
other six reasons. Approx
mately S140OOO.OOO par value of
public utility bonds will mature
this year. according to Standard
Statistics Co, Inc. q. Farmers OF
the nation need an expansion IN
export trade and not control Of
crops. Benjamin NJ. Anderson Jr.,
economist for the Chase National
Bank of New York, declared in a
speech at Session. Jan. l sup
plies of grain on farms were the
smallest on record. according to
the Department of Agriculture re-
port.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
Ne7O York Bond Quotations
DAILY BOND INDEX
u. s. GOVERNMENT BONDS

(By United Press
NEW YORK, Jan. 11.-Closing United
States Government bonds lin thirty-sec-
onds).
Liberty
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
Definition Desired

If Congress were to define more
clearly the conditions under which
the clause is to be applied, and
make it mandatory under these con-
ditions, it would then be constitu-
tional, those who have studied the
decision believe.
The attitude of oil men may be
described as one of grave concern
rather than alarm. They believe
that tn situation is so serious that
Congress probably will take quick
action.
But should Congress fail to act,
it is assumed that the control of
interstate shipments of oil exercised
by Federal Tender Board and Oil
Administrator Ickes will have to be
abandoned. Under the regulation of
the Oil Administration and the
Tender Board the price of crude
oil has risen from 10 cents barrel
to ST a barrel, and all branches of
the oil industry have prospered
enormously.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
Homo OWners' Loan Corp.-

IS May l, 1921 ........ 100.10 100. 1e
is Ky 2aE. l. 1871 i535 ls 81 l s55 i5
Federal Farm Mortgage Corporation
514s March Is, 1964-44 1o2
IS March l. 1924. ..... 100.10 100.16
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
Profits Seen Vanishing

Another hope was that the pros
pect of unrestrained competition,
which would quickly take the profits
out of the pockets of the hot oil'
men, would tend to bring about its
own remedy of the situation and
that more reasonable attitude on
the part of oil "bootleggers" would
develop.
The difficulty here, it was felt,
lies in reaching agreements that
would satisfy all elements. The in
ternecine warfare that would result
in the meantime would be ruinous,
it is feared.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12

News and Views in
the Business World
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-12
Consequences Feared

Should the industry revert to the
cut throat competition which eX-
listed before the control machinery
went into effect, no one is willing
to predict what may happen-but
most serious consequences are now
feared.
The chief counsel of one of the
large companies pointed out today
that if the various large oil pro-
ducing states we're to restrict oil
production voluntarily they them
selves could take the situation in
hand satisfactorily.
The plan proposed by Gov.
Mariana of Oklahoma is one of the
mes sures which might effect such
control. But the experience of the
industry does not suggest to those
best informed that such voluntary
control through agreements be-
tween states could be easily arrived
at-or enforced.
The Washington times., 1935-04-11
u S SPEEDS NEUTRALITY PLANS AS WAR FEAR CROWS
Byng, WarHero,
Pays Visit to
Washington

Field Marshal Lord Byng
stopped in Washington yesterday
and relived the World War in q
quiet drawing-room Of the Cana.
dian legation. He is on his way
to his home in England from
southern California, where he has
been trying to regain his health.
Lord Byng said there will be
no new World War and that the
European crisis" was not crisis
but a lot Of loud talk. He ex-
nlain0d'
II don't believe there will be
another war. 1 think good will
between nations will prevent it.
However, If war does come It
will be because people talk too
much. When people-particu-
larry pOliticiahs-harp inces-
sanity on war they help create
it,"
Lord Byng was the hero at
Vimy Ridge In 1917 and at Cam
hrai in 1918. At Vimy Ridge,
with 100000 men of the Fourth
Canadian Army, he broke the
Hindenburg line and gave the
allies the most disputed territory
along the Western front. He
engineered the British attack at
Cambria through the "Kriemheld
Stellung" trenches and checked
the last great German advance.
The Washington times., 1935-04-11
PINK SLIP LAW
GETS FINAL D. K.
International News Service


Final action on repeal of the
pink slip provision of the revenue
act, which opened income tax
returns to public inspection, was
taken by the House today as it
approved a conference report adj
justing differences between the
House and Senate bills. The
report was sent to the Senate
for similar action.
A new publicity feature was
written into the bill by con-
fereeS, as q substitute for a
Senate amendment. which gave
State officials the right to inspect
income tax returns.
The substitute would permit
inspection only on request Of a
governor and then only by a
designated authority for the sole
purpose Of administering State
tax laws. Heavy penalties would
forbid publication of any in
formation taken from a return,
except in legal actions.
The Washington times., 1935-04-11
PHILIPPINE ISLANDS

MANILA, P. L, April II 0.N.S).
The death toll from the unseas-
onal typhoon which swept four
Philippine Island provinces Satur-
day today was officially placed
at 1879, as communication was re
stored to the stricken area.
On the beach at Guinayangan
Tayabas, on the Gulf of Tagay,
II bodies were washed ashore
today.
These bodies bore grim evidence
of the fate of more than 100 fish.
erman caught by the storm when
it hoWled down on Samar, Mas.
bate, Sersogon and AlAay pro
vinces.
All hope for the fishermen, who
have been missing since the storm
struck, has been abandoned a.
more and more wreckage from
the little vessels used by the men
was washed ashore in widely Sepa.
rated areas.
The Washington times., 1935-04-11
SENATE BATTLE
THREATENS ON
FARM RELIEF
President to Be Umpire in
FIGHT Over Extension
OF AAA Authority
international News Service

A battle over new farm relief
legislation, with President Roose-
welt cast for the role Of umpire,
threatened the Senate today as
Secretary of Agriculture Henry A.
Wallace sought new powers for
the AAA.
A Wallace bill, authorizing the
AAA to license professors as we'll
as producers, will furnish the
battle-ground. 1t was favorably re-
ported by the Senate Agriculture
Committee, along with the Norris
bill, giving the IVA new powers,
and the Bankhead bill, creating a
billion dollar Farmers Home Cor
poration to help poor farmers.
The President was sought as a
mediator of differences over farm
legislation by Senators Smith Cd
of South Carolina, chairman of
the Agriculture nm tee;
Dy111CS W. vi kOOACAA NaAOAAAldS
George Cd Of Georgia and Bank
head CD of Alabama. Smith and
George will oppose further extern
sion of Wallace's AAA powers,
while Byrnes and Bankhead were
reported to be siding with the
Cabinet officers plans.
Before the farm battle gets 60
ing, the Senate must dispose Of
another Administration bill. pro-
viding $1,75O,0OO,0 900 new funds
for the Hole to grant loans on
thousands of applications already
made but Enacted upon due to
lack of funds. It would not be
used for loans requested after the
bill is enacted.
Smith and George were ex-
pected to fight the new AAA bill.
Smith charged the bill contained
hidden provisions" which would
give Wallace unconstitutional
power over farmers. George has
opposed collection of the AAA
processing tax and would fight
its extension to professors.
The Washington times., 1935-04-11
WiuRogers
Says:

BEVERLEY HILLS, Calf,
April 11.-That was certainly
nice of Hitler to appear at that
wedding yesterday and not be
the groom.
No wonder the New York stock
market can't ever go up to
amount to anything, the minute
it. starts everybody starts selling
to take little profit. Suppose
eevry cOwman sold his cattle
the minute they started up.
Just been chatting out here
aE the studio just now with an
awful fine man, Fielding YOst,
Of Michigan. i think some OF
our great coaches like him, and
stage and Warner, have been q
great influence thousands Of
their boys through life.
Copyright, 1885. by Mcknight
Syndicate, Inc.)
The Washington times., 1935-04-11

tire time she wrote bonds in
Rockville.
Her salary at the Farmers
Banking and Trust Company OF
Rockville, was "about $135 q
month";" according to best esti-
mates.
Considered highly efficient by
her employers, Mrs. Lyddane, dur
ing her IL years in the bank,
had been secretary to the presi.
dent of the bank, pay teller at
times, bookkeeper and general
bank clerk. She took over the
bonding business about a year
ago when a former bank official
who had been handling that part
of the business became i'll.
The Washington times., 1935-04-11
TREASURY CONDITION

Treasury balance as Of April 9,
So, 1854, 022,028.95; internal reve-
nue., $2,97O,341.76; customs re-
ceipts, $1O,753,7O4.23.
The Washington times., 1935-04-11
World News
FRANCE

PARIS, April IL Q.N.S0 Paris
police today announced they had
cracked open German spy ring
operating in France.
Edward Bernhuber, arrested on
espionage charges, told Examining
Magistrate Benon today he was
an Austrian Army officer working
as a spy for Germany, according
to the police announcement.
Bernhuber, whose arrest aroused
the Paris press today, delivered to
Benon a complete list of docu'
ments which he had forwarded to
Berlin, revealing affairs which
French officials hitherto had kept
deep secrets, police said.
The Washington times., 1935-04-11

THOMAS has relieved than quartermon persons Of
of badness by correcting their abnormal scalp
conditions Thomas treatment quickly and effectively over
IA local scalp disorders which responsible for
800 of all of hairless Danduf disappears hair
fall stops and almost before realize it, new hair starts to
grow on the thin and bald spots.
Let Thomas relieve of scalp worries Do not waste
any Of your me your your hair experiment
ing with general cureals" Come to Thomas Office TODAY
and skilled Thomas expert determine the exact cause Of
your loss Of hair and then direct the year reliable Thomas
method to your scalp ills Thomas hair
and regow your hair No charge is made for consultation or
for complete scalp examination.