davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
SEEK STRICTER
SHIP LINE RULE
Would Effect Necessary
Reforms, E. F. LuCken-
bach Declares.
BIZ Enited Press


HOUSTON, Tex, March 6.-Gov-
eminent regulation of water car
riers similar to that of railroads is
advocated by Edgar F. Luckenbach,
head of the Luckenbach Steamship
Co.
Regulation is needed to "discour-
age improper competitive practices, -
he said.
In minority report prepared as
a member of the steamship affairs
committee of the Maritime ASsoci-
alton of the Port of New York,
Luckenbach said the majority of the
committeeman were affiliated with
organizations which operate lines in
connection with large industrial in
terests.
1T is very obvious that a COM
mittee, the majority of which had
affiliations as outlined" he said,
would not be favorable to any leg
islation that would restrict large in
dustrial interests, either as to their
carvings or rates they might be
able to obtain.
Il believe that there should be
certificates of public convenience
and necessity. Industrial carriers
do not want this, but I, who am
dependent exclusively on transport
tation, certainly believe it is a wise
thing, and as it has worked with
the railroads, why should it not with
equal fairness work with water
traff1c?"
It was his opinion all carriers
should be placed under a single
government body.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
On Commission ROU

Questions below are average wholesale
prices being offered 20 buyers by local
commission dealers
FruitS-Bananas. Sc u. Apples. IN
ST IS. Lemons. Sunsis-. 16os. 81 Is Grape
s sss eos ana sos. $50. LINES. MexiSaH''
rer carton rs. Csc. Byram. seeoleSS. per
crate. IS AvCcadCs. Florida. BOX. 81 So
Strawberries. Florida. pint. i6c per g.
south Awrrlcs. white. 81. hlacs 81.
soNis 5ss 81 So o'4 rss. ss-iS 81, ,s
New Texas CABBAGE. h-L crPtf - q
Onions sweet spanish. LARGE. Sub.
bsE. s27S. Texas green onions SOC COZ.
Potatoes. Green Mountains. l1o-lh. sN1g.
$50. selected coolers 5o-lh. hsg 81 3,
81. Nssrasks triumph Sob bas. say.
Ohics lco-ib has. s.. I6sho Eusssts. loc-
IT, baE 81 90 New Flc-i1i tn rripns-
r-shel. 81 sweet potatoes. Indiana Jerseys
blshe- 81 IS Scans. round stringiess
hamper. 3 1-'- wax SIS CelerE
washed and trimmed. medium do. So !;
Clclmtsrs. hot house dozen. 81 20. :
s--sr. sSc. c-ss.e. Sass ESE p m.
r,- house. is-I5 bssss- Sis. Ari-ocs
Iceberg head lettuce. &c 50 Yuma. crate
81 So ManEoss s. ScE4 a crate. snail
sassst. sc Mini. a eozs. 81 PaI.lsy
Texas tushei. 81 So s. Rsdishss dozen.
$ SIC Tomatoes lo--n. carton. S.
E.o-.ts oriEi11sl SIS Turnlps oushel. IS
81 3 Carrots. bushel. 81 IS. io0-lb sack
SITS Rhloarh hot house. s-ib- carton.
S. soc ccz. punches. 81. Mushrooms H.
AL quotations subject 70 ehanEs Up OF
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
to Sell
Beer in Tins
Under" Study
Retail Merchandising Tried
Out and Is Watched
by Industry.
By TimesS Special

NEW YORK, March 6.-The mer-
chandising of beer in tin cans, which
is being tried out for customer re-
ception in Richmond, Va, by the G..
Kreuger Brewing Co. of Newark, is
being WATCHED closely by the brewing
and can industries, it was learned
today. Thus far its advocates are
enthuSed over its reception.
The can, of y ounce capacity,
can withstand an internal pressure
of 80 pounds per square inch. 1t is
an innovation of the American Can
Co. which has developed the new
product at its Newark plant in col
Liberation with the nearby Kreuger
brewery. Special bottling machinery
also has been developed.
Saves Weight, Space
Proponents of the tin can con-
tainer for the merchandising of beer
declare its main advantage to be the
saving in weight and space over the
bottle. whether in the home and re-
tail store refrigerator or the ware
house and delivery truck. Appreci-
able savings in freight costs are thus
indicated. The nuisance" value OF
bottle returns, refunds and spoilage
would be eliminated, it is said.
A carton of two dozen cans of
beer weighs less than half that of a
case of two dozen beer bottles, and
occupies one-half the cubic space
| it is asserted. The volume content
of the twelve ounce can euals that
of the beer bottle. The retail price
is the same. Where the average
carload accommodates 800 cases OF
bottles, 1900 cases of beer in tin
cans can be handled. This would
allow a great advantage in freight
and handling to nationwide beer
! distributors.
Eliminates Deposits
An important advantage to the
retailer, distributor and brewer
claimed for canned beer is the alb
sence of the troublOus bottle depOS-
it's, refunds and breakage. Once uSec
the tin can be thrown away.
Among other advantages claimed
for the sealed can is the fact that
light is excluded from the brew
Much beer is put in dark bottles to
protect the contents from losing
pep from light. Moreover, the tin
can may be chilled quickly, thus
speeding up and simplifying the
manufacturing process. In the pas
teurization of Deer the tin can is
not sensitive to quick cooling from
high temperature. In the bot
Ting process the glass bottle must
be cooled by stages.
The American Can Co. plant at
Newark is equipped on an expert
mental basis. If the merchandising
of beer in tin cans comes up to the
expectations of its sponsors, the
American Can Co., it will equip
for nationwide distribution. SINH
larly brewers adopting the car
would need equip with new fill
ing machinery developed by the
American Can Co. The specia
filling machinery avoids any foam
ing during the filling operation and
the processing is also faster than
the bottle filling operation, it is
said.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
STOCKS SOAR
ON ROOSEVELT
DOLLAR REPORT
Statement on Money Cause
of Rise of Fractions to
3 Points.
BIZ United Press

81 JUlicu TTtHS
NEW YORK. March ga state
ment by President Roosevelt to the
effect the dollar was not yet low
enough in relation to debts set of a
rise of fractions to more than 3
points in stock, jump in wheat
and sharp decline in the dollar IN
terms of all foreign currenCieS.
Wall Street interpreted the Presi-
dents remarks to indicate he was
thinking of further devaluation, al
though that was not brought out at
his press conference.
U. S. Smelling, leading silver issue,
spurted 334 points to 1888. Nor
anda and Mcintyre Porcupine in the
gold section jumped more than 2
points each. Other silvers and Colds
followed.
Case was bid up more than ?
points in the farm shares. Steels,
oils, rails, utilities and store shares
came back. Gains of 2 points or
more we're numerous and dealings
picked up.
BY noon the rally was over.
Volume decreased and many prices
slipped back from the highs, al
though a fair amount of gain was
retained.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
Potash Deposits Found

It is also important to note that
vast potash deposits have been
found near the Eritrean border.
Eritrea is an Italian colony situated
to the northeast of Ethiopia. These
potash deposits are now being ex-
plotted by Italy.
The ruler of Ethiopia is attempt
ing to Europeanize his country. For
this reason he had a survey made
of the mineral wealth of the land.
The existence of vast deposits of
gold. iron. copper, potash and other
natural resources was disclosed.
This country also can produce in
large quantities two other agricul-
tural products that Italy greatly
needs-cofTee and, more important,
cotton.
Lastly, Ethiopia has a population
Of some 100000. While it is true
that a good many of these people
are wild and warlike there is, never
theleSS, a vast potential cheap labor
supply which could be put to work
producing raw materials. The raw
m terialS would enable Italian man.
cturers to expand their plants.
Z ploy more workers and enhance
Il Q prosperity of Italy. as well as
Il liking it possible for that country
10 become Self-Sufficient.
The acquisition of Ethiopia, or
even the securing of a mandate
over this country. woul1 go a long
way in helping MuSsolini attain his
aim of making Italy economically
independent Of other countries
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
PORKER PRICES
NEAR $40 MARK
AFTER UPTURN
Most Values Rise 10 Cents;
Best Classes Sell
at $3.50.

Following an advance Of 10 cents
in several grades of hogs at the
indianapolis Union Stockyards to-
day, prices for better classes were
within 10 cents of the $40 level, the
highest on record since october,
1890.
The moderate increase, however,
was not general and the lightweight
classes were mostly unchanged at
yesterdays best average. Including
today's upturn, porker values from
Feb. l to date show an increase of
$3.50 hundredweight. Trading con-
tinued extremely active with a
large demand prevailing in the ma
jority of classes.
With receipts extremely light and
a heavy demand from various pack
ing firms still evident near the close
of the local exchange today, several
livestock dealers we're advocating a
$40 top for tomorrow's session. Sup
plies on hand today were estimated
at only $500, while yesterdays fig
ures totaled 5000. Holdovers num-
bered 172.
The bulk price of porkers, ranging
from 100 to $50 pounds. held at 1910
to $685.. Few classes of good and
choice kinds we're responsible for
the 1920 level. Lightweights, seal
ing 100 to $50 pounds. brought 1925
to 1925, while extremely small
grades, weighing 100 to 1870 pounds,
cashed in at ST to IS. Packing sows
sold at S825 to SO.
Initial dealings we're steady to
strong in the cattle market Two
loads of slaughter steers were val
ued to sell at S12.75 down, while
other classes ranged from $3.50 to
S11. She stock also remained I'M
changed. Receipts we're 100. With
only slight interest evident in veals,
prices continued stationary at $40
down. Receipts were 700.
Activity was limited in the lamb
market and prices were mostly
steady in dull trading. Few grades
of fed Western lambs held steady at
SO down. while native classes
brought $3.50 Quality was consid-
cred in the various classes. Throw
outs ranged from $3.50 to So.
Slaughter sheep sold at S. down.
Receipts we're only 1000.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
INDIANA BELL NET
RISES DURING 1894
Company Cuts Into Surplus
to Pay Dividends.

Net income Of the Indiana Bell
Telephone Co. for 1884 totaled
81, 588, 48O, compared with s1,495, 161
in 1893, according to the annual re-
port of the company issued today by
James F. Carroll, president.
The amount of S61,519 was taken
from surplus in order to meet 1884
dividend requirements of S1,650,000.
Total operating expenses Of the
organization in 1884 aggregated
s6,934776, compared with s6,593,917
the previous year. The balance
sheet showed a surplus at the end
of the year of s1,554,472, against
S1.626,523 on Dec. 81, 1888.
A net gain of 1897 in telephones
was reported during the year. Gross
revenues from long distance toll
service increased approximately
$4,000 over the total for 1888. Total
operating revenues during the year
were s10,258,664, against 1924, 1882
in the preceding year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
GRAIN PRICES JUMP
z CENTS IN CHICAGO
Values Squirt on News of
RooseVeIt's Press Farley.
By United Press

By UHlte6 Press
CHICAGO March 6.-Grain
prices shot up nearly 2 cents a
bushel today after President Roose-
Velt told a press conference he did
not think the dollar had gone back
far enough in relation to debts. The
grain trade construed the news as
bullish and the market was more
active nan for several weeks.
Confusion reigned in the wheat
pit. Brokers rushed about wildly
waving orders to buy. Operators
whose grain holdings were short
dashed in to buy to protect their
interests.
At the end of a furious few min
utes of trading all grains were near
ly 2 cents a buShel higher. Wheat
was up IL cents to IA cents, with
the Maty delivery reaching up to
9715 cents bushel Corn was up
rs cents, and oats were up Ia
cents to cents. The market start
ed lower on bearish news from the
Southwestern winter wheat belt.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
JONES MAKES REPORT
RFC Lent S96,OOO,OOO During jan
uary Chairman Says

By Lnttfn FfeS8
WASHINGTON, March Gre
construction Finance Corp. Chair
man Jesse H. Jones has reported
to Congress that his agency during
January made loans totaling $685.,
100000 and received repayments Of
S94 100000.
Mr.. Jones pointed out that the
S96.000,000 included the last re-
naming s3O.OO0000 installment Of
the s5OO,OOO,OOO allotted to the Fed
eral Emergency Relief Administra-
ton. Included in the January loans
were S12.138,o00 TO bank and trust
companies and 100000 to mort
gage loan companies.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
Other livestock
by United Press

10 900; including 5000 directs; estimated
holdover, 1000; market slow; 10 cents
Rgne s6an oo 5000 a94Ve 6
:isag6ts6 pigs 5}ogsio' Pss6SkIigagg spws'
good and choice, ;9S7a SIS; light weight
9s5; medium weights. 2oO-250 lbs, good
and choice s9,s5as; 80; heavy weights ESQ
packing sows. 275-55o lbs. medium and
choice ssl0d9l5; slaughter pigs, lo0-l40
lbs good and choice. s7.5oa s25. Cattle
and yearlings very active; unevenly strong
to Is cents higher; inbetween and lower
grades showing most advance, general
sI410: best yeariings si3765. heller year
lings, slo5o; largely s925@l2.7S market market
lower; slaughter cattle and vealers: steers,
$4,000 lbs good and choice. sl0ql325;
900-ll00 lbs, good and choice, sl0gl4;
l4Io; 55o-l3Oo lbs, common and medium,
$3.50 1915; helfers. 550-750 lbs. good
and choice. s9.50G1l75; common and me
o oommo9 AM and Z medium. s4.756755: low
cutter and cutter. s3.25G4.75. bulls year
lings excluded, good beef, s525qa,
yearlings good and choice, s7.5oa9.75: me
dunn, s6q750; Gull and common, s4H5s
stocker and feeder cattle: steers 550-lOoO
lbs good and choice. s6.25G550; common
and medium. s525G650. sheep-Receipts.
70 600: opening slow; undertone weak 70
25 cents lower on slaughter lambs; sheep
and feeding lambs little changed. taking
around ss.50d8.75 on better grade lea
westerns now held at SO and above; few
ewes s450G525; slaughter sheep ana
lambs. lambs 90 lbs. down, good sna
choice, ssG9. common and medium. 50 y
dal5; 90-98 lbs. good and choice. sI7oa
2: ewes 9O-150 lbs, good and choice, -
G550; all weights common and medium
s3d4s5 feeding lambs. 5o-75 lbs, good
and choice s675N750.
LAFAYETTE March e.-Merket sfeady
325 lbs. So So 10000 lbs. 50 500 $50; 49,
$50 lbs. ss75a9. l50-l5o lbs, sS25gs?oo:
i20-i3O lbs. s77 5a8; l9o-l2O lbs s dg 7o 20
Ioughs, ss;75 down C al. 5oSsI -
TT WAYNE March Ne s3H9ss 53SsoS bt 70
sSS5: iso-iSo lbs So lso-l6oo. rs Us. ,ssss;
i5o lbs. SITS: loo-l2O lbs. s7.25; rongnnss.
ss.25: stays. IS. Calves. $3.50: lambs. $50
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
Produce Markets

Delivered IN Indianapolis prices: Heavy
breed hens. i4c; Leghorn hens. &C; col
o-ee sprinEers. lse; heavy stays, &C.. Leg
horn staEs. &c: old ROSTERS. &c: ducks.
s::si teathere6 and fat. l0c: geese full
fsathersd and Fat. SC; all classes OF
Euineas. isc. No. | strictly fresh country
run eEEs. loss Of: i7c- Zach full case must
weigs s. lbs gross. a deduction OF i0c q
pound for each pound under IS lbs will
&c made. Butter-No l SsIs5c. butter
Eat. soc. Quoted BY the Wadley Co.
BY United Press
CLEVELAND March -Butter-Msrket.
weak- extras 3sc. standards 3Sc. ECEs-
Market. weak. extra white. 2lc. current
receiuts. 20i-c- Pcultrv-Market firm,
Ice. capors. : lbs. III 26c. old ROSTERS.
DUCKS. CID. zoe atoes-Malne. 81 10 a
baE. New YORK Sc 8 lo40-lo bag. Florida.
g. 9oE1 a cushel
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
Other livestock


LOUISVILLE March e-Csttle Re-
cents. 500. demand fairly broad for all
slauchter classes. killing quality PLAIN.
market generally steady. bulk common 70
medium steers and heifers. S6G6. very
utfle included OF value 10 sell above So.
sur 5000 fed steers Quotahie around $40.
bulk beef cows. 81 50 a $50. good kinds
tvpes. low cutters and cutters mostly
ouotahie. SIS and above for smooth heller
s. S0a4. sausage bulls SIS down; most
desirable Hereford stock calves salsble
IS S0T7S0 Calves-ReceiptS. 22o. market
STEADY. bulk better vealers. $50 q s so :.
strictly choice SO. medium and lower
crades IS so down Hogs-Receipts. $50.
market SOC higher. TOP an6 bulk better
lS0-1S0 lbs SeSS highest since early
November 1880. weights 25S lbs Up. SO 10,
1918 lbs 50 os. i40-i55 lbs ss IS. 100
i35 lbs. s. 50. soVs weighing 400 lbs. down
80. heavier weights discounted SOC
Sheeu-Receirts so. steady. bulk medium
20 good lambs s7as. choice kinds quot
shle higher. common throvouts. So. and
iat ewes So 50 down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
WINS SAFETY CONTEST

The 1884 Annual employees safety
contest of the Pennsylvania Rail-
road was won by the Western
Region, with headquarters in Chi
cago, it was announced today. The
Indianapolis, Fl. Wayne and Grand
Rapids division, included in this
group, had a perfect safety record,
the report said.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
FINANCIAL DATA

Minneapolis Honeywell was in
corporated in its present form in
1927 in Delaware. Both the COM
mon and preferred are now listed
on the New York Stock Exchange.
At a current price Of around 7212,
the stock sells to yield better than
4 per cent on its regular dividend
rate, and for 1512 times earnings.
fAu Rights Reserved. winchester institute
Of Finance, Winchester. MassD
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
STEEL OUTPUT HIGHER

EN MS ffcfll
CHICAGO. March 6.-Steel opera
tons for the current week viii be
49, per cent OF capacity. compared
with At per cent last week, accord
ing 70 an estimate issued today by
the American Iron and Steel in
stitute. The rate a month ago was
52.s per cent
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
ELGIN WATCH NETS
$736,358 IN YEAR
1884 Was First Profitable Period
Since 1929, Report Says.
By Times Special

SAICc 1890 RcpOTG Says
By Times Special
NEW YORK, March 6.-Elgin Ma
tional Watch Co. had net income of
$736,358 after charges for 1884,
equal to $185 a share on the 397 1000
capital shares, excluding the 5000
shares in the treasury, marking the
company's first year of profitable
operation since 1929, according to
the annual report today.
The 1884 net income compares
with a net loss of $263,372 in the
year ended Dec. 81, 1888. The bal
ance sheet as of Dec. 81, 1884, shows
an increase in net working capital
to $7,771 ,086 from $5,722,C3Q at the
close of 1888.
All items of current assets were
increased with the working capital
gain, cash, government security
holdings and inventories showing
the largest advances.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
FIRM GETS OHIO PLANT
ByTimes Special

n 41Hfs Special
YOUNGSTOWN. O., March g.
Henry A. Remr. president CT Sharon
Steel Hoop Co. has announced the
acquisition of the Falcon plant Of
the Empire Steel Co.. Niles, o.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
ORE IN AFRICA
ITALIANS LURE,
AUTHORITY SAYS
Large Supply of Cheap
Labor in AbySSinia Also
Cited as Factor.

This is another Of a series Of articles
written for The Indianapolis Times BY
members Of the economies department
~ New York University's School Of JON
merce, Accounts and Finance.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
Wall st.
Holding Companies
Taking Troubles
to Public.
by RALPH HENDERSON,
lines special Writer

New YORK. March quite
- properly the public utility
holding companies have decided 70
60 direct % the public with the
troubles they are experiencing
with Congress and the Admins
tratton. Under the provisions Of
a bill which has been offered in
Congress they would be legislated
OH OF existence. There are many
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
Up CRAWFORD PROMOTED

Promotion Of John P. Crawford,
division operator Of the Grand Rap
ids division of the Pennsylvania
Railroad, to supervising agent-divi-
sion operator of the indianapolis
division, was announced here today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
Stock Studies

The Minneapolis Honeywell Reg
ulator Co. is the leading manufac-
turer of automatic heat controlling
instruments, and is the growth Of
a business originally established in
1885. Products are for use in all
kinds of heating plants for control
ing temperatures, and also for use in
controlling pressures, combustion, etc.
The company has recently brought
out a new device called the MO
dustat." for the control afn regula
ton of temperatures in individual
rooms or sections Of buildings. The
increased use Of oil and gas for
heating purposes, together with the
growth of air conditioning, has
stimulated sales. Plants are in
Minneapolis, MINI, and Wabash,
Ind, with branch Offices in "a cities
of the United States and Canada.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06

tees --ere being stepped on II IS
said that in certain instances some
even overstepped the bounds Of
propriety and such things. This
procedure seemed 70 serve their
purpose for time. but the
friends" they made now appear
10 rave deserted them.
President Roosevelt is given
credit for having pOpulari7ed the
idea Of direct public appeal Al
though he probably should share
the honors with Ex-Governor Al
fried z. Smith. no one viii ques-
ton the fact that he has been
head and shoulders above all 9TH
ers from a success standpoint.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06

reasons they be-
uere why the
bill should not
BE- enacted into
laW
In the p 4
these COmpanies.
along with most
others have gone
10 bat with the
leCIsla tors or
other public rep
res @ n G a tives
when thev de-
sired favors or
" n q n Q h g Y
thnurrf their
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
Profits of Leading Industrial Corporations
During 1888 and 1884 as COntraSted by Groups


o
okv otsand
Of a
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
by James E. Bennett


CITY grain elevators are paying Sc cents
for No. soft red wheat. Other grades
on their merits. Cash corn No. yellow
80 cents and oats IS cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
Produced Only s3O,OOO,OOO

The total value of al Italian-pro-
duced minerals in 1880 was only
100000, 900. The lack of an ade-
quate supply of copper. nitrates,
coal and potash is a serious obstacle
/ TO MussOlini in trying to make Italy
I economically independent of other
/ countries. MussOlini fOstered rapid
I increase in wheat and other agri-
cultural products, but, obviously, he
I can rot force Italians to raise coal
and other mineral resources.
/ Italy imported slightly over 700,-
I 600 tons % coal and coke from this
/ country alone during the years Of
I 1929 AMI 1880. The total imports
Of Goa, from all countries was about
/ 81 500 900 tons. Italy also imported
I $4,000 tons of iron and steel sheets
and plates, and 100000 pounds
I of copper.
Manufacturing in Italy has been
! greatly handicapped by the lack Of
raw materials. An increase in the
I supply of raw material would make
it possible for Italian manufacturers
U 10 tApdllu- 1llo NOulu W especially
I true If 1t were possible to secure
Z cheap raw materials.
On the other hand it has long
been believed that great mineral
wealth exists in Ethiopia. This be-
lief originally sprang from the myth
iCal treasures of the Queen Of Sheba
who once ruled over this land. 1t
was substantiated by the fact that
the natives have long been accus-
/ toned to smelt such iron as they
might need for their own use. In
recent years gold has been obtained
both from mines and from alluvial
| deDoSitS.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-06
What Does 1t Mean?

Registered Bond An obligation 1chich is reg
itered in the name of person is knocn registered
bond.