davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11
STOCKS HIGHER
BUT TURNOVER
REMAINS LIGHT
Market Fails to React to
Calling of National
Bank Notes.

By United Press
NEW YORK, March 1.-THE
stock market moved higher today il
extremely dull trading.
There was no market reaction to
the Treasury action of calling in
National Bank notes. Instead, drift
ing and characterless trading con-
tinued.
Rails, battered as result of adj
verse reports last week, firmed to-
day. Union Pacific, which dropped
to new two-year low at the open
ing, came back to show only a
fractional loss, while Atchison was
q higher at 3994; Chesapeake q
Ohio Is higher at SO, and New York
Central about steady.
Consolidated Gas and American
Telephone held fractional gains to
aid utilities, while industrials were
improved under leadership of du
Pont, which advanced rs to 92A
American Locomotive issues were
weak spots, both the preferred and
common touching new lows for the
year. The former was at 35ss, off
21s, and the latter at 1925, off Il.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11
Produce Markets

Delivered H. Indianapolis prices. Heavy
cred springers 1sc. heavy STAGE. lie. Leg
horn sfaEs, &c. old ro0sters. &c. ducks
fun feathered and far &c. geese fun
teethered anS fat &C. al classes Of
run egEs. loss cf t7c- zach fun case must
WeiEh S. lbs. Gross. a deduction Of I0c
pound for each pound under $ lbs viii
Be made Butter--No-. I. 50 35c. butter
fat. 29c. Quoted bv the Wadley Co.
lBy United Pressi
CHICAGO. March EgEs-Narket
steady. receipts. II $50 cases. extra firsts.
11c, fresh graded fIrsts. 1ii-c. current re-
ceipts. zoe. critics. lSi1c. Checks. iSc.
B4tter-AarEet. STEADY receipts. s6l5
tubs. extra nFsts t9o-sl score. so o
sc &C. extras l91 scorei. Sic. hrsts lss-
SEA scorei. 19iz G soc. seconds tS6-SIis
sccrel. IS &C specials 5Iiz q see stand
ards. 7oiz Foulrrv-Nrarze- steady re-
celpts. car. Is TRUCKS. sp-inEers. zoe.
brolers. -2l1 g &c. capcns. 81 lbs. CSC.
turkeys 10 Gle geese. IL &C. slaEs
le -1c. f-yers. = -3i.c. hens. 1881 zoe.
Cheese Twins 49, is &C. daisies l6i-
Is &C. Lo1Ehorus. l6's8l7c- Potatoes
mand and trading light. market. firm on
rusSets. steady on others Wisconsin round
whites. ~ . u zc- Michigan rural russers.
y &C. idaho Elsse-s. 81 son I So CONNER
washed. ST 50 on track l3i. arrivals S96.
shipments iofs Saturday. sunday 3.
CLEVELAND. March -Butter-Msr-
Eet. stelGE. extras. $50 standards. 81 &C.
EEgs-A1rkct- steady. extra Wh.-e. 20 &C.
Carrent recelr.s. zlc FculrrV-MarEer.
steady. fowls lbs and under 1lc. ducks
yolng. y - oucSs Old; zoe Potatoes--
7oG 15e ioo-lb bag. florida. sIs0E2
a bushel-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11
On Commission ROIC

Quotations. below are average wholesale
prices being o1ered 90 BUYERS by local
commission dealers.
Fruits-Baulras. Sc 10 apples. fancy
Wllesaps. 81 S. Golden Delicious s. 10
Lemons. surk.st. -f1s sf1S. Grapefruit
Texas. see1less. 50 IS Arizona SIS eos
Plneapples Porto Rtcars crate s. Ave-
cad1s. Florida. tax. $50 Strawberries.
ss 95e a rae les 60 I ssg sFs as, IS
Waite S. black SO Honey Dews south
America. s.. IS. Necrarines. South America.
ysEstablss-Cabbase. Northern Danish
New Texas cancase. half crate. SIS.
S Ss4 s. ssss sRsPsia v isFss ss-IS
oag. s2I5. Texas green onions acc Coz.
Potatoes. Green Mountains. t1o-lb. bag
81 So. selected cooolers Sob. baE. 81 IS.
81. Nebraska triulrr Sob bar s. 81
Is. bag. 81 Nep Florida Triua1hs.
ssys sasas SIS Saasy H IfSaP sa. {s5
sIz5 Beans. round srrinEiess. hamper.
So g. Celery. washed and tFiruedI. ne
eor- soc c'lcuz-bers. hot house - Don.
81 IS. dozen 1cX s125 En6irs. CALI
fernia. dozen. eoc. crate Sass EEE plant.
hss house. ISIS sasEef- sis. Ari-oas
IceberE head lettuce. ss2s. Yuma. crate
So IS. MauEoGs s. crate. small basket
see. M.nt. dozen. S.. Parsley. dozen.
Texas. hushsi SIS Radishes. dozen ssc
Tomatoes. lob. carton. 81 IS florida
Fassai5s. sashsi. $40 Bss is-'s -bushsssii-
81 Carrots. eushel 81: loo-lb- sack.
81 IS. Rhuhsrb hot house, Sob. carton.
ssGece coz- punches. s.. Mushrooms. u
an quotations subject to change up or
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11
Other livestock
BY limited Pressl

by United Press
LAFAYETTE; March lia Market 5 l5o
higher 2g99SS g Os oss5 bs 49,
i 10000 SS' ios'' 50 5oa SO: I55-l7o lbs. SEA
Q 40: l4o-l55 lbs. s8.50d8.75; l30-l40 lbs,
sSGs25: I20-l3o lbs. s7.50G 7.75: lO0-l2O
lbs. s675G7 25; roughs, sSI5 down.
So rs down.
TT. WAYNE. March -Hogs-15G25 Csc
higher: 2oO-25o lbs. 50 IS; 25O-3O olos..
ss45: sO0-350 lbs, ssl5; 10000 lbs,
So so i60-ls0 lbs. l50-l60 lbs. sS.l5: 14O-
$50 lbs. ss25: lsO-l4o lbs. S.; l2O.1S0 lbs.
s5.7s. Calves $3.50; lambs $3.50.
by Times Special
LOUISVILLE March u.-Cattle-Re-
celpts 500: supply slaughter cattle ngnt'
quality fairly desirable; market active
or uneveniv 50d 75c above last Monday on
steers heifers and COWS: bulk COMMON 70
medium steers and heifers. 650@s, pet
ter finished kinds 10 $40 with strictly good
beef COWS. s475G SIS: good kinds ana
smooth heifer types ouotable to 1915 ana
above: low cutters and cutter COWS nos5555y
50 75a4; strong weight cutters, s425;
down: desirable beef bulls. $3.50 ana
above: stocker trade moderately active
generally steady; bulk better. Heretoro
market STEADY 10 soc lower bulk better
vealers sSGS50. strictly choice. SO: me-
dunn grades. s6.5od $50: palmer sorts. 50
down. Hogs-Receipts; 200: market STEADY
dav: top and bulk desirable lSo-250 lbs.
iso-i5s lbs, IS IS. i2o-ls5 lbs. $50; sows
weighing 400 lbs. down. $40. Sheep
dunn TO good native lambs. s7Gs; choice
eligible 70 IS so or better; common throw
outs. SIS. and fat ewes $3.50 down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11
HOG PRICES UP
10 TO Is CENTS
Best Grades Again SaIabIe
at $780,; VeaIerS
Steady.

A strong undertone again was evil
dent in the pork market at the In
dianapolis Union Stockyards today
where prices were generally 10 to Is
cents higher in the initial session
of the week. Todays advance
marked the first increase in values
since last Thursday.
Practically all classifications were
scarce during the early trading and
a fairly heavy demand prevailed in
the various grades. This, however,
was considered largely responsible
for the moderate increase. Receipts
were estimated at only 1900, COM
pared with 1000 Saturday. Hold
overs numbered 447.
The bulk, 16O to $50 pounds,
ranged from $965 to S9.75. while few
better kinds again reached the $3.50
mark. Heavyweights, scaling from
$50 pounds upward, sold at S9.40 to
$3.50. Light lights. weighing 100 to
160 pounds. brought So to SO. Others,
scaling 100 to 100 pounds, cashed in
at S6.75 to SITS. Packing sowS held
at S825 to So
With the initial supply scarce,
trading in the cattle market was
active and steady to slightly higher
than last weeks close. Bulk of
steers were valued to sell under $40,
while most heifers ranged from $3.50
to $3.50. Receipts were 700. Vealers
remained unchanged, selling at $3.50
down. Receipts were 400.
Only a slight change was dis
played in the lamb market, with
early sales of fed western grades at
$3.50 down. Heavy native classes
sold at 1925 down. No lightweight
kinds we're available. Slaughter
sheep remained at SIS down. Re-
ceipts were numbered 5000.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11
AMERICA LAST
OF II NATIONS
IN BUILDING
Activity in 1888 15.5 Per
Cent Against IT'S Per
Cent in Switzerland.
BvTfmes Special

BIZ Times Special
NEW YORK. March Il-How
building activities in the United
States have been conspicuously lag
ging far behind other countries of
the world was described today by
the First National Bank Of Boston.
On the basis Of League Of Ma
tons statistics. building activity
during 1888 exceeded that CT 1928
IN Switzerland, the United King
dom and the Netherlands, the bank
said.
In France the 1888 building &C
tivity was about "a per cent of the
1923 pace" the bank reported. The
United States showed only 155 per
cent Of the 1923 rate Of activity. No
figures for the full year of 1884 are
available. However. data covering
the first nine months of last year
indicate that the United States still
held its relatively poor status.
Summarizes Statistics
Building activity during 1888. as
compared with 1923. is herewith
summarized on the basis Of League
Of Nations statistics. which admit
tedly are not strictly comparable
from country to country:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11
GRAIN PRICES DROP
IN OPENING TRADE
May Wheat at Lowest
Level Since Feb. 7.
BIZ United Press

By Cnited Press
CHICAGO, March 11.-Trading
was light and prices worked lower
under influence of weekend news
and Liverpool prices at the open
ing of the Board of Trade today.
Wheat opened % to rs cents off
Saturdays close. Corn was down z
to p cent. Oats was off a to Il
and rye dropped % to Il.
Reports of scattered rains from
parts Of the dry areas in Kansas,
Oklahoma and Texas led to in
creased pressure. sending prices to
new low on the current downturn.
May wheat at 94sl was at the low
est level since Feb. 7. Scattered
liquidation was in evidence with
few stop loss orders uncovered.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11

The principal obstacle to revival
is the high building costs which are
nearly double those of 1913.
Can Not Afford to Build
1T is obvious that with per cap
tia income running about the same
as in the pre-war year. the people
of this country can not afford to
pay nearly twice as much for hous-
ing. Nor would a federal subsidy
Of 20 per cent of building costs, as
has been proposed, relieve the sit
uatiOn. This would merely tend to
freeze the present high cost level
and would not stimulate private
building activity.
Our principal handicaps are
those that have been artificially
created by high union building
wages and the sharp increase in
building materials under the NRA
codes.
Five years of depression have
created a huge potential demand for
new construction, repairs and mod
eTaization. It is estimated that
since the latter part of 1929 the
number of families has increased by
1 500 900. representing a gain in
population of over 100000. Vari-
Gus estimates have been made rang
ing from S14.OOO.OOO.OOO to s25,OOO.-
100000 OF the accumulated deficit
in building in the United States" "
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11
POLAR ICE EXPANDS
Acquires Control of Five Units,
Three of Which Operate Here.

The Polar Ice and Fuel Co. an
nounces the acquisition of the Arti-
fetal Ice and Cold Storage Co. at
l045 E. Amidst. The Polar company
is the Oldest ice company in Indian
apolis and the Artificial company
was the second Oldest.
Henry L. Dithmer. president of
Polar. also announced that his firm
has bought the Commercial Fuel
Co., 316 w. Ohio-st. a subsidiary of
the Artificial Ice and Cold Storage
Co.; the Fowler Ice and Ice Cream
Co. at Rushville and the Indiana
Ice and Dairy CO. at Anderson.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11
FRUITS AND VEGETABLES

IbV United PressI
CHICAGO. March II -Apples-Michigsn
Mcintosh. nushel 81 5ofi15: Jonsthans
81 eoGl-I5. TurnipS-Illinols. bushei 20
Z sse- Lettuee-Western crates. s2f2Ts.
Carrors-Calitcrrta crates 50 2SE IS.
Illinois. h-SheL SoG6Sc. Sweet potatoes
Tennessee. bushel s0c q 81: Indiana. 81 IS
lls5 Beans-Florica buShei. green
81 25G2 Splnach-Texas buSheL 81 15l
es. CatbaEe-Wisconsin 100 lbs 81 50
Is. Onion setS-Michigsn sacks q bushel,
Nc. !. SlG&lA
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11
nv James z Bennettl
INSURANCE VOLUME UP
By Times Specid.

FIT. WAYNE, Ind, March ia
40 per cent increase in regular paid
for business of The Lincoln National
Life Insurance Co. for the month Of
February, 1885, over the same month
in 1884 was announced here today
by Arthur F. Hall, president. Febru-
airy marks the fourteenth consecu-
tive month business has gained over
the corresponding month a year
on
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11

advantage ov er
this country
The develop
ment holds inter-
esting possible
ties. A demand
is likely 70 be
made on the
President very
shortly 20 eXer-
else his full pow
ers Of dollar de-
valuation He is
permitted under
existing laws 20
cut TIE gold con-
HnH-a e.. N r~n~
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11
Wall st.
Pound Depreciation
Now Is Greater
Than Dollar.
by RALPH HENDERSHoT-
Times special Writer

NEW YORK. March Il.-As had
l. y been feared by many people
IN the financial district. England
has forced the price Of the pound
down below the old pre-valuation
doIlar-pound ratio OF s4s6 70 the
pound. This means that she has
devalued her currency 70 a greater
extent than has the United States
and in doing so has secured a trade
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11

llldOI6I VI 1dCI.
In order to make as simple a pic
ture as possible let us imagine the
nation as a small factory which
would be typical of the whole indus
trial structure. In the early fall of
1929 the factory employed 1000
workers. Every Saturday night the
boss paid them III wages $25, $50.
That is, they were earning $25.25 a
week each.
Wage Total Drops
At the end of 1892, just before
the New Deal was launched, $50 of
the 1000 workers were gone-fred
because of hard times. There we're
only $40 left. They were earning
not $2525 but $17.40 a week each.
In other words, the boss paid out in
wages only 1896 instead of $25, $50.
Now, at the end of nearly two
years, things have improved. OF
those 400 men and women who were
fired 100 men have been put back to
work. That is, there are now 670
employed in that workshop instead
of just $40. They are getting $3.50
a week each instead of $1740. The
boss is paying out $12,596 week in
wages instead of 1896.
There has been a tremendous drop
from the activity of 1929. But there
has also been a considerable ad-
vance from the lethargy of 1882.
We have travelled 1872 per cent
of the road toward re-employing
people.
We have negotiated 1872 per cent
of the road in restoring wages.
We have covered 81 per cent of
the road toward recovery in pay
rolls.
Tells Where We Stand
This makes pretty plain what has
happened and where we are. We
have put back to work 100 workers,
but we still must put back $50 more
before we reach the stage of en-
ployment in 1929. We have increased
pay rolls $140 a week, but we must
add another S640 before we have
gotten back to recovery. We have
added $4,000 to the pay roll, but we
must still add another S12,654 before
We have gotten back to the employ
ment level of 1928.
In 1929, let us say, the factory
produced goods valued at 100000 a
week. BY the end of 1882, with
nearly half the workers discharged,
it produced only $4,000 worth each
week. But the produce in 1884 was
$4,000 a week.
Here, then, is a startling picture.
We have travelled 81 per cent of the
way in production, but we have
travelled only 81 per cent of the way
in pay roll recovery and only 1872
per cent of the way in restoring
wages.
Prices Moved Up
In the meantime the products are
offered for sale at a very much
higher price. In May, 1888, an or
der of merchandise would have sold
for S6940 Today that same order
of goods sells for $500. Here is
an increase of S15.40-22 per cent.
Let us apply this to our worker in
the factory, who has seen his pay
go up S140 a week. Back in 1882
he could take his weeks pay-S17.40
and buy a given quantity of mer-
chandise with it. In February, 1885,
that same bill of goods would have
cost him S2124. But he was get
ting only $3.50. This tendency of
prices to olltstrip wages, just as pro-
duction outstripped pay rolls, is one
of the serious EMBELLISHMENTS in
our situation.
Last year the volume of business
activity fell steadily from April to
the middle of September. 1t rose
steadily from that point to FehTu.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11
20 CENT DIVIDEND PAID
BIZ Times Special

o IMtS NptttuI
NEW YORK, March 11.-Direc-
tors of The Broad Street Investing
Co., Inc, have declared quarterly
dividend of 20 cents a share on the
capital stock, payable April l to
stockholders Of record March 16.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11
G. M. SALES LARGEST
IN FIVE-YEAR PERIOD
Total in First Two Months of 1898
so Per Cent Ahead of 1884.

GU Per Gent Ahead of 1884.
By Times Special
NEW YORK, March 11.-Februarv
sales OF General Motors Corp. cars
at retail maintained the comparable
position established in January, the
months sales to consumers being
the largest of any February since
1890, officials have announced.
Sales of cars and trucks to con-
sumers totaled 1927 units, against
81 los in January and 58,911 in Feb
ruary, 1884.
For the first two months of the
year, sales to consumers Of 131, 4O2
units contrasted with 92,349 sold in
the corresponding period of 1884, an
increase Of approximately so per
cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11
AUTO OUTPUT CLIMBS
Last Weeks Production Rises to
86,973 Units.
By Times Special

By Times Special
DETROIT, Mich, March 11.-Au-
tomobile and truck production in
the United States and Canada last
week amounted to 96,973 units,
compared with 1899 reported on
March 2 ard 1855 units a year
ago. according to Grams Reports
Inc.
Survey Of the large automobile
plants showed that one was closed,
II were operating on larger sched-
ules, two were below the previous
week and Is remained unchanged.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11
TEXTILE USE ON RISE
ByTimes Special

y 7 III = FEII-f
NEW YORK. March 1.-THE dol
lar value OF textile fibers consumed
in the United States aggregated
1885. 900 900 during 1884. a gain Of
20 per cent over the 1882 consump-
ton. the low year OF the depression.
according 10 the Textile Organon.
published by the Tubize Chatillon
Corp.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11

airy of this year. Then it began to
decline.
AS for profits, the NRA reports
that in 1882 some 209 large corpo-
rations had combined loss of
100000; that in 1888 they had COM
bined profits of 1902 100000; that
last year their profits were $3.50, 000,-
900.
In 1926 worker was getting, let
us say, 500 month in wages. A
stock and bondholder was getting
500 month in dividends and in
terest.
Workers Wages Studied
In 1884 the workers wages had
been cut to $50. The security hold
er's rewards had risen to $3.50. The
worker had lost 40 per cent. The
security holder had gained so per
cent. Of course, all security holders
have not been so fortunate. This is
the record of large group studied
by the NRA.
Looking at the whole picture you
will see that it is quite uneven, that
the improvement Of the business
man has been better than that of
his employee, that the rise III pur-
chasing power has not kept pace
with the expansion of production
and that, on the whole, we have a
long way to travel.
But there has been gain. And
the question is, Are we holding that
gain and can we travel the remain
der of the distance soon?
At the moment we are arrived at
sort of pause. Since 1929 the de-
preston has gone through four
phases.
BallyhOO Era Starts
The first was the period of bally-
hoo when we tried to shoe it off the
lot with three cheers.
The second, beginning in the fall
of 1881, was the debt-saving period
launched with the RFC.
The third was the Inauguration of
the New Deal. 1t continued the
cheering and the debt-saving, but
added an attempt to organize bust
ness to limit production, raise prices
and check the downward spiral of
wages.
The fourth phase came near the
end of 1888 with the doles-spend-
ing great sums for relief in various
ways.
Now we enter the fifth stage 1t
may be called the period Of inf1a-
ton. Will it be credit imitation or
currency imitation? This will be
answered soon, but it will be inf1a-
ton of some sort. Indeed, this has
already begun. We have travelled
from Is to so per cent of the road
on cheering, debt-saving, price and
production control and doleS. Can
we negotiate the remaining so to 80
per cent Of the journey on imitation?
To complete the picture we must
point to one big fact.
The big job is to get plants pro-
ducing capital chinery,
locomotives, houses, roads, buildings,
etc.-back to hire 100000 people. If
they did their needs would result in
hiring 100000 more at least in
plants producing consumers goods.
Whether we will go forward or
fall back will depend on whether or
not we can get the heavy goods in
dustries to work.
NEXT-The forces which have
helped us on our way and the
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11
BY JOHN T. FLYNN
Copyright, 1885, NEA Service, Inc.


After of the New Deal where do effort
toward recovery?
Looking the ogy landscape of the American the
a bit confused.
Unfortunately information who
politicians support
far is pretty a
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11
Wages, However, Are Tagging Far Behind Production
Financial Writer Says in Appraisal of New Deal as it
Enters Upon Its Third Year of OPERATIONS

ew dis
In
is
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11

A n alternative, assuming that
4 n We wish 10 get in the rate with
London. would be suspension Of the
gold standard again. That would
permit us to sell dollars in the for
eign exchange market and drive
down the price to below the 59O6
Pc cent level AS a matter of fact.
suspension probably would bring in
enough outside selling TO turn the
tick.
IL is unfortunate that tbs cur
rency issue had 10 be brought 10
the fore again. II can only tend
to make for trade uncertainty
throughout the world and probably
viii delay the return Of normal
business conditions. It may even
force the imitation issue.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11

The relation between long-term
financing of homes and the main
tenance cost of dwellings will be
discussed by j. w. Lewis, Chicago,
at the Better House Conference at
the Claypool Thursday. Other
speakers will include E. d. Pierre,
president of the indianapolis Con-
struction League, and R. Earl
Peters, state director of the Fed
eral Housing Administration.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11
Dark Picture Elsewhere

Other gold bloc countries show an
equally dark picture. In Belgium
increased difficulties in the way Of
export reduced orders for iron and
steel. SpinnerS of cotton yarns had
to reduce prices to keep their plants
in operation because of falling ex-
ports, and "the generally bad situa-
ton in textiles was reported as
zone of the chief contributors to I'M
employment"
In Holland the report declares:
1.-The weakness in commercial &C
tivity which characterized the clos
ing months of 1884 has continued
into the new year."
1.-THE essential difficulty appears
to be reflected in the foreign trade
figures" the report asserts, (which
show no improvement in the value
of exports. Stimulation of these is
the central aim of the governments
recovery program.
The general level of industry has
fallen to new low during January.
continuing the recession which has
been apparent during the past few
months. To some extent this is sea-
sonal, but the decline in textiles has
been far greater than seasonal and
has affected all branches"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11
What Does IL Mean?

Bond Cau-When a borrower acts to pay of an out
standing issue of bonds this is known bond CALI
Such calls be made gears prior to maturity if the
contract Nth the borrower prOUides for this.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11

LOCAL CASH MARKET
City grain elevators are paying s6 cents
for No. 2 soft red wheat. Other grades
on their merits. Cash corn No. 3 yellow.
70 cents. and oats 46 cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-11

WASHINGTON March. 1l.-Government
expenses and receipts for the current
fiscal year to March g., compared with the
corresponding period of the previous fiscal
year: