davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15
Produce Markets

Delivered in Indianapolis prices: Heavy
breed hens. 13c; leghorn hens. &c; col
ored springers. 13c; heavy stays. &c; Leg
horn stays, &c; old ROSTERS &c; ducks,
fun feathered and fat, ice; geese. fun
guineas 15c; No l strictly fresh country
run eggs. loss of. &c. Each fun case must
weigh IS lbs. gross. deduction. Of loc "a
he made Butter-No ! SEA 40c: butter
fat. 36c. Quoted by the Wadley Co.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15
STORE SALES LOWER
Decrease of Four Per Cent Shown
in Dollar Volume in Month.

By Times Special
WASHINGTON, Feb. 15.-Sales of
variety stores during January were
four per cent lower in dollar volume
than for January, 1884, but 10 per
cent higher than for 1888, according
to the Bureau of Foreign and DOM
este Commerce.
Daily average sales for January
decreased about SO per cent from
December, 1884, or about the esti-
mated seasonal amount. The sea-
sonal adjusted index was 90l2 per
cent of the 1929-31 monthly average
compared with 90 in December.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15
Jackson's Stand

Mr.. Jackson in his requested res
ignation. after quoting Mr.. Davis
peremptory note asking it, said:
L deeply regret being forced by
Mr.. Davis to leave the consumers
counsel Office because the work
which has been attempted by DR..
Howe and his staff seems to me TO
be one of the few efforts of the AAA
10 protect the consuming public"
Mr.. Jackson said that although
Mr.. Davis never told him the reason
for demanding the resignation, ne
had, through JackSOns superiOrS in
the consumer counsel, advanced
charges against me which are with
out foundation"
There still is discussion of the
possibility that Rexford G. Tugwell
will resign as Under Secretary of
Agriculture, despite President Roose-
velt's action in putting him on the
new AAA operating council" two
days after the busters were an
nounced.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15
DIVIDEND is INCREASED

By Times Special
CHICAGO, Feb. 15.-Directors OF
the Eastman Kodak Co. today an
nounced increases in the quarterly
dividend rates. The annual rate
was set at SIS with SIPS quarterly
declaration.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15
Hides and Skins

Hicss-oreen country cows ana steers
4e rat. green country bulls and Clues.
Use rat. green country oaf hides. SIC
ncrse hides Wlth full heads shankS
names and tails. s. 50. medium sire. 81
ard ponies falf price No. ] rendered
fsllcv. 4i4Gsc. No. : az value. yellow
greaEs, tSsszc. DARK grease. SizG3Ac.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15
WHEELER AIMS
PROBE OF NET
OF MIDDLEMAN
Relationship Between AAA
and Processing Groups
Is Sought.

BIZ Scrfpps-Hoicard Newspaper Alliance
WASHINGTON, Feb. l5.-Investi-
CATION Of the relationship between
the Agricultural Adjustment Admin
istration and the millers, packers
and other middlemen was promised
by congressional progressives today
as a result Of the AAA purge Of left
wingers.
Senator Burton K. Wheeler 3D.
MOntJ took the lead. He announced
that his pending resolution for a
Federal Trade Commission inquiry
into foodstuffs marketing may be
extended 10 cover the AAA internal
controversies. If not. a special in
yestigator will be proposed, he said.
Apparently the fundamental
question was whether, while doing
something for the farmers, a great
deal too much was not being done
for the middlemen. the professors
and distributors, with a reckless. dis
regard Of the effect on the con-
sumers." the Senator said.
use Farmers"
For years i has been the prac-
ice of the large professors and dis
tributors to use farmers as a front
for getting what they want"
Senator Wheeler is chairman of
the Interstate Commerce Commit
tee, before which his resolution is
pending.
He poin,ed out that antitrust
exemptions were being granted by
the AAA to business to get it to help
farm prices.
The situation may also come be-
fore Congress in the amendments to
the AAA act expected to be sub
mitted this week. Some of the con-
troversies between Administrator
Chester Davis, director of the
"purge,s and Jerome Frank, oustod
AAA counsel, and Frederick Howe,
denoted consumers counsel, will be
involved in these amendments.
The influence of packers, millers
and other professors in the AAA has
long been debated. Mr.. Frank and
his three busted assistants as we'll
as DR.. Howe and Gardner Jackson,
ousted aide to DR.. Howe. all were
active in resisting code and market
ing agreement proposals which they
feared would unduly favor such in
tereStS.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15
UTILITY FIRMS
HEARING WILL
START TUESDAY
To Begin Despite Protests
From Investors, Says
Rayburn.

BIZ United Press
WASHINGTON, Feb. 15.-Hear-
ings of the utility holding company
bill will start on schedule Tuesday
despite protests from investors
organizations according to Rep.
Sam Rayburn Cd, Tex0, chairman
of the Houee Interstate Commerce
Committee.
Mr.. Rayburn. author of the bill
which provides for the elimination
OF holding companies within five
years. reaffirmed his decision to be-
gin the hearings next week after he
received a communication urging
postponement from the American
Federation Of Utility Investors.
I'VE are going to hear the pro-
ponentS of The bill first" Rep. Ray
burn said IF the opposition can
not learn the contents then they
never will know anything about it.
Raising "Old Cry"
"The interests opposed to this
legislation are raising the old cry
of protect the widows and orphans.
The same cry was raised last year
when we began consideration of the
stock market control bill"
The investors organization tele-
gram was signed by its president.
DR.. Hugh s. Magill, Chicago.
"On behalf of the millions Of in
veStors who hold securities affected
by this bill, we strongly urge that
hearings be postponed until we
have had time to become acquainted
with the provisions, of this measure
which so vitality affects for better
or worse the savings and invest
ments of untold millions OF thrifty
American citizens"
Charge Stocks 'Watered"
"Bewildeting arrays" of millions
of dollars OF "watered" stocks were
largely responsible for receiverships
and other financial difficulties in
many private utility systems, the
Federal Trade Commission charged
today.
In another report to the Senate
on its six-year utility inquiry the
commission criticized severely all
legged practices among power COM
panies in issuing multitudinous
stocks on insuficiently secured
properties. This, it said, directly af-
fected the rate paying public and
investors.
practices of this sort" the COM
mission said, "have constituted one
of the greatest dangers developed
during the entire investigation.
Numerous cases, the report con-
tinued, w-re discovered showing
''the ease With which utility finan-
cierS have juggled values to agree
with security issues, and vice-versa."
Unable to Meet Loans.
The commission said some utility
holding companies collapsed during
the depression because of disregard
for prudent financing" since they
obtained short term bank loans,
which they we're unable to meet at
maturity.
1t cited Tri- Utilities Corp, Jersey
City, which was organized in 1929
by G.. L. Ohrstrom e. Co., as an ex-
ample The commission said this
corporations bank borrowing S
totaled S6,650,0O0 secured by invest
ments with book value of $22, 000,-
900.
During the depression, the value
shrank to 100000 and when the
investments finally were sold, the
company still owed the banks 81
100000, the commission asserted.
Preferred creditors, the report
added, received only 81 mills on
the dollar.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15
Wall st.
Attorney Generals
View Needed on
Securities Act.
by RALPH HENDERSON,
Tines Special Writer

NEW YORK. Feb. 15.-In his
~ recent speech in Chicago,
Joseph p. Kennedy. chairman Of
the Securities and Exchange Com
mission. told business men they
have nothing TO fear from the pro-
visions Of the Securities Act in the
sale OF Etocks and bonds, provided
Of course. they are prompted BY
t-~vr-s intent inns
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15


Mr.. x n r e dy
should kno y
whereof he speaks
he is credited With
being one OF the
most intelligent
men in the wash
ington admins
tration. He IS a
practical business
man rather than
an attorney. how
ever. and ne may
be basing his
judgment on the
spirit rather than
on the wording Of
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15
Money and Exchange
TREASURY STATEMENT

by United Press
wAsHIGTON Feb. 15.-Government ex-
nenseS and receipts for the current fiscal
YEAR to Feb. ID. compared with the cor
responding period OF the previous nSCaI
year:
This Year Last Year.
EXPENSES .s427s. 719. 459. Sc $3,91e, 1872, 8S9 o.
Receipts 2l78.294 528. 90 1907, 1870, 022 69
Deficit -. 2,l01 424, 5000 PLY 952 S SI6 s
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15
other livestock
CBy Times Specially

LOUISVILLE, Feb. 15.-Cattle-Receipts
$50: saIable supply slaughter classes very
light; market generally steady; bulk com
mon to medium steers and heifers salable,
s5d75 so: very little included of value to
kinds ouotable to around SO; beef cows.
uuotable s4M5; good kinds and smooth
heifer types eligible higher; low cutters
and cutters sI756350: sausage bulls,
IFS down: bulk desirable beef type stock
calves, SCAT: common and inferior south
ems, 81 down Calves-Receipts 200; mar
ket. steady bulk better vealers. s7mS;
medium and lower grades. $3.50 down.
Hoes@Receipts, 600 market. 15c higher
top and bulk better 1so25o lbs. $3.50;
highest since November. 1880; 225 lbs. up.
s7.35; 12o-135 lbs, s6 40; sows. $685.. Sheep
Receipts. so; market. steady; bulk. me
dunn to good lambs. S7dS; choice quotable
higher common light throWouts, Sc, and
fat ewes, mostly $3.50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15

the act. Certainly Congress had
no intention OF penalizing honest
security flotations.
But lawyers have a habit Of
sticking rather close 10 the letter
OF the law and they can Go all
sorts OF strange things with words.
Their training makes them experts
in techniCalities. II is for that rea-
son that business people shy away
from anything which might lead
them into a net. They know there
are plenty of people always avail
able who are on the watch for op-
portunities 10 profit by the slips
OF others. and they know there are
lawyers on hand 10 help them IN
their efforts.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15
by James E. BennetD
LOCAL CASH MARKE1

City grain elevators are paving SO cents
tor No , soft RED wheat Other grades
on their merits Cash corn No yellow
So cents and oats IS cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15
Retail Coal Prices

me following prices represent quota
tfonS from leading Indianapolis coal deal
erS ascent carving charge Der tor
vii &c added.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15
What Does 1t Mean?

Capital Structme-The total volome Of all types Of
securities outstanding together 1cth shorterm indeb
edneSs constitutes the capital structure Of corporation
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15
Ne70 York Bond Quotations
tReDrinteo from Yesterday
DAILY BOND INDEX
u. S. GOVERNMENT BONDS

Copyright, 1885. by the Standard Sta
tistics Co.. Inc.)
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15

(By Feuner g. Beanel
Liberty Pre-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15
MR.. KENNEDY undoubtedly has
WI the best interests Of business

MR.. KENNEDY undoubtedly has
W. the best interests Of business
at heart and ne may be supposed
also to have a special liking for
the securities business. for 1t was
in that business that he became,
so IL is said. wealthy man. His
friendly attitude. therefore, plus
his desire TO reopen the rivers of
finance 20 business, may be caus-
ing him TO underestimate the abil-
ity Of shySter lawyers.
II would be a splendid thing If
Mr.. Kennedy's reassurances could
be accepted as letter perfect. and,
for all your correspondent knows,
they may be accepted as such.
But business men can be pardOned
for still being a little skeptical, for
they have employed lawyers them
selves and they have gotten sur
priSing results at times.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15

IT is pertinent TO note in that
i connection. though. that several
of the best lawyers IN Wall Street
are in complete accord with Mr..
Kennedy. Evidently. also. ne has
consulted with the government
best legal talent. But other attor-
news are still advising their clients
10 go slow. which indicates a diff
ference Of opinion. And 1t IS diff
ference Of opinions which make
horse racing and law suits possible.
A statement by some higher
governmental official. such as the
attorney general. supporting Mr..
Kennedy in his contentious would
60 a long way toward dispelling the
fear of business men and banker
underwriters IN the flOtatlOn of Sc
ourities. And If he feels as conf
dent Of the safety Of such acts as
does the SEC head. there would
seem 10 be no good reason why his
views should not be made known.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15
CBy Abbott. Proctor g. Paine)
NeW York Curb

tBv Abbott. Proctor g. Painel
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-15
Home Owners Loan Corp.

JOI '....' 4V4.o 10
Federal Farm Mortgage Corp.
, 1935-08-01

political conference between Eng
land, France, Italy and Ethiopia.
Objects to Equality
Italy apparently objected to sit
ting with Ethiopia on a basis Of
equality, raising the point that the
east African Empire was not a par
ty to the 1906 treaty among England,
France and Italy, guaranteeing
maintenance Of the sovereignty and
territorial integrity CT Ethiopia.
This treaty "a chosen as the basis
for proposed negotiations among
England. France and Italy for con-
tinued peace between Ethiopia and
Italy.
An impression prevailed that Bar
ON Pcmpeo Oloisi, head of the Ital-
ian delegation to the League of Ma
tons council session in the crisis.
found the formula too stiff and that
II Duce himself probably would de-
mand a relaxation of its provisions.
The projected course Of action
looking to solution Of the East Afri-
can impaSse repeatedly called for re-
vival Of the Italc-Ethiopian COM
mission with appointment of a fifth,
neutral member.
During the arbitration period. italy
and Ethiopia would pledge them
selves not to resort to war. sigma
, 1935-08-01
Centennial Exhibit
Plans Are Explained
Especial TO The HeraId)

HARLINGEN. Aug. How the
Valley exhibit at the Texas Centen-
NAL will be conducted was told to
the Kiwanis club this week by <.
Hertz, Harrington director of the
Valley-wide corporation which has
been formed to make plans for the
exhibit.
He explained that It is proposed to
build a miniature Valley and to show
motion pictures of this section.
The possibilities for profitable
publicity were described. Mr.. Hertz
said that the Centennial is already
receiving widespread notice and that
the Valley exhibit would be seen by
hundreds of thousands Of persons,
possibly by several million.
He said that $500 is being raised at
this time for preliminary plans.
The KiwanianS also heard a must
cal program provided by Miss Mil
dred Ormesher who sang several
songs to piano accompaniment by
Miss Virginia Perry.
, 1935-08-01

tories to the 1905 treaty between
England, France and italy. guaran-
teeing independence and territorial
integrity for Ethiopia, would seek q
general solution of the controversy.
Ethiopia's representative, Prof.
CASTOR Jeze, who told the council
arbitration had failed and that the
general situation between Italy and
Ethiopia is steadily growing worse"
pledged Emperor Halle Selassie's gov
eminent later to particiate IN any
negotiations promising TO bear fruiI.
Italy maintained its stand that the
Cancellation procedure should be
confined to frontier incidents, and
that questions Of territorial sover-
eighty should be excluded. It was
conflict over this question that
brought the breakup CT the conciliar
ton Commission at Scheveningen, the
Netherlands.
, 1935-08-01
new ATTEMPT
IS MADE TO
DOTHE DUCE
France And Britain
Produce Proposal
To Settle Trouble
I'm Africa

Copyright, 1895, by the APP
GENEVA, Aug. Certain League
OF Nations' circles predicted Thurs
day following q long distance tele-
phone conference between Premier
Laval or France and Premier MUSE
lini OF italy, that N formula for the
settlement of the Italo-Ethiopian
dispute would be agreed upon with
In "a hours.
The impression rev that II Duce
had proved somewhat conciiiatory
Arr his talk with Laval.
This optimism was expressed de-
spit the fact that only a few hours
earlier the Italian delegation to the
special session or the League council.
summoned 60 attempt a solution OF
the crisis. had declared an Anglo
French formula entirely u~naccept-
able"
Distinct Pessimism'
The formula had been prepared
overnight by Anthony Eden OF Great
Britain and Premier Laval of France.
The text OF the formula was COM
municated at once TO Premier Mus
solini In Italy. A spokesman for the
italian delegation told the Associat-
ed Press: The atmosphere among
Italians is one OF distinct pessimism."
Premier Laval Immediately called
Premier MuSsclini by long distance
telephone urging him to abandon
his opposition TO the plan.
The two premiers held a long con-
versation. 10 was understood the
French leader called the attention
OF Italy's chief to the gravity Of the
situation from the standpoint Of the
League or Nations, Europe. and the
world.
While his French colleague talked
on the telephone. Eden. the BRITISH
trouble shooter" relaxed comfort
ably tn q rocking chair on the porch
Ncf hts hotel. He sat there. placidly,
n the sun, awaiting the official Ital-
Van answer.
Italy objected particularly to the
outstanding provision OF the for
mula, providing virtually for a broad
, 1935-08-01

MERCEDES. Aug. /. - Twenty~
eight Jamboree credentials. t1as
first group of credentials fnr VALLEY
scouts who win attend tina Jana
bcree at Washington. arrived we'd
nesday. according 20 Scout Exn6-
utive John Leslie.
A special letter from James
West, chief Scout executive. cnn~
tanning passports good for the en-
tire Jamboree period also was re-
ccived. Each Boy Scout win Do
mailed two Insignias 20 be sewsd %
the right pocket OF hts Ehirt. The
insignia Is Of compass design, with
the Capitol embroidered IN tho
center, and the words, National
Jamboree. Rio Grande Valley Boy
Scouts OF America. around the
edge Of tiG circular design.
, 1935-08-01
TAX DODGERS
TRAP IS SET
SIS, 125 Set Aside For
Check-Up On Incomes
Over Nation

WASHINGTON, Aug. /. Up
President Roosevelt Thursday allot-
ted ~$5,112,125 Of work relief funds
to the treasury department for a
three-fold drive to tighten up on
tax collection.
Included would be an intensive
check-up on income tax returns Of
the little fellow" and a drive
against ~evasions" Of liquor taxes.
White collar joblesS will be en-
ployed In the work. Officials said
they hoped the studies would bring
increased tax revenues.
The largest allotment was S2.448.-
200 for a survey Of delinquent taxes
and nuisance" tax collections in
20 large cities The Bureau Of In
ternal Revenue also received $l,577,-
694 to check small income tax re-
turns; and 81, 066, 94l for a nation
wide study Of retail liquor tax evas-
ions.
Commenting on the income tax
check-up, treasury officials said
that in recent years revenue agents
have been able to examine only $780,
900 Of the 100000 returns sent them
for study. Those examined have
been returns of larger taxpayers
Now the small taxpayer will be
checked. About 1000 people viii be
employed on the new job.
Insisting that the liquor tar
check-up would more than pay fol
itself in extra collections, officials
said sample surveys in 10 large cite:
had shown extensive evasions,'
while certain stores were being usec
as outlets for bootleg liquor" The in
quiry viii be made In 80 cities OF
more than 100000, population
Work viii be necessary in dry states
because Of beer. malt, and medicina.
liquor sales, officials added.
, 1935-08-01
COUNTRY BANKS
ARE PROTECTED
G-Men Get Authority To
Track Down Robbers Of
Funds ON Deposit

WASHINGTON, Aug. 1.=P-
The arm Of the justice department
agent is expected to reach out soon
to protect the small town bank,
long victimized by Americas 5000
Known bank robbers.
The &C men" who coliared nearly
lac robbers Of National banks last
year, are called upon to shield an
other $1,000 100000 under a pro-
vision tucked away In the new
barking bill, now in conference be-
tween senate and house.
The bill extends to all banks in
sured by the Federal Deposit IN
surance corporation the &C man"
protection given last year to Ma
tioEal banks and Federal Reserve
member banks.
Country bankers" have feared,
since the federal agents were put
On the job last year, that the bank
robber. frightened away from big
game" would redouble his attack
on the small town bank.
Under the new law, the agents
would be given orders to track down
robbers who steal any Of the SAL
ooe 10000 deposits in 1920 banks,
National and State.
Since the entry Of the agents in
10 the bank sector of the war on
crime, there has been a sharp and
steady drop in the number Of bank
robberies, justice department fig
ures say.
The violent ending Of the careers
Of DilIinger, Pretty Boy" Floyd, the
Barker brothers and other hood
lumS was one step In this campaign
Bank robberies have decreased
more than so percent. The Ameri-
can Bankers association records
disclose that there were is robberies
q month in 1888. When the federal
agents took up the trail of the
bank robber in 1894. the monthly
average dropped To III.
, 1935-08-01
Troop Sends Sixteen
Scouts to Camp Perry

HARLINGEN, Aug. Troop 0,
Boy Scouts Of America, alone have
is representatives at the encamp-
ment now under way at Camp Perry,
according to Myrlin o. johnson,
Scoutmaster.
Troop 8 boys at camp include Billy
Adams. Martin Vernon, Atchison,
Dan Clark. Tony Poulos, Earle
Wright. Jack Cochran, Robert Pol
son, John Dow Moore, Jack Roberts,
, 1935-08-01
San Benito Mayors
Brother Succumbs

SAN BENTTO, Aug. lie. A. Bar
more OF Cameron, brother OF Mayor
4. L. Barmore Of San Benito. died
III a Temple hospital this week &C
cording to word received here. The
mayor was not able to attend the
funeral because Of an eye infection.
, 1935-08-01
Mosquito Control
Problems Aired
Especial to The Herald)

SAN BENITO. Aug. &c. p.
Google Of the United States Public
Health Service, was in the Valley
this week discussing mosquito con-
troll problems. according to DR.. w. z
Spfvey, head of the Cameron Coun-
ty Health Unit.
Dr. Google makes his h~eadquar-
tiers In Houston and devoteS his time
to anti-malarial work. He makes
frequent visits to this section where
considerable control work Is being
done.
, 1935-08-01
JOB v MOVES

ESPECIAL 20 The HeraIdl
HARLINGEN. Aug L. The Ma
tional Unemployment Service. To-
Gated for some time IN the Made
son hotel arcade. Is now located a.
1O25 W. Harrison Ave. with the
Cameron County Relief board. Jack
Gary Is in charge Of the ". T. O.
office
, 1935-08-01
Mrs. Mary Evans Dies

Especial TO IN Heraidl
SAN BENTTO. Aug. Mrs Mary
Evans. former resident Of San Benz
Ito ana teacher IN the Los Fresnos
schools. died recently In Lancaster,
Wis. according 70 word received W.
friends.
, 1935-08-01
FROM TRIP

I5NttIHI 70 Int hcTdIuJ
SAN BENITO, Aug. I'M. II.
Cause. Franklin Life representative,
has returned from a trip to the home
office at Springfield. Ill. awarded
him for attaining a certain volume
Of policies.
, 1935-08-01

Gail Buckles. Newton Liddell. Les
lie Swartwout. Norton Decker. Leon
Corso. william Hester and J. r.
Lewis. The camp which opened Mon
day. win continue until August Z.