davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-26
PROSPECT MAS0NS TO
CONFER MASTER DEGREE
Past Chief Of Korean Lodge
Speak at Meeting Tomorrow.

The Master Mason degree will be
conferred on a class of candidates
tomorrow night at Prospect Lodge,
No. III. Free and Accepted Masons,
PrOspect-st and State-av. DR.. r. B.
Avison, past master Of Han Yang
Lodge, No. 1048. Seoul, Korea, will
be the speaker.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-26
CINDERELLA CONTEST
AT SH0RTRIOGE SET
Girl With Most Nearly Perfect Feet
Sought in Event.

The annual Cinderella contest, to
judge which Shortridge High School
girl has the most nearly perfect
feet, viii be held at the school Fri
day. All girls enrolled in Shortridge
are eligible. DR.. Mabel Prettyman
VIII be Judge.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-26
Ahern

This time horse and horseman were dashed
against the rocks by the swift current. Both per-
ished But at last Naomi and her captors crossed
the stream and resumed their long march At noon
Of the second day the girl gazed toward the hor-
lion and called Atewy
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-26

Look" she cried. There is the red granite
column shown on the map. Directly east Of 1t is
the entrance to the,valley. Now keep your promise
and send me back to my people" Let be sure
it is the Valley Of Diamonds, then we shall keep
our promise" Atewy lied.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
SWINE VALUES
MOVE UPWARD
Prices Generally 20 to rs
Cents Higher; Receipts
Drop Slightly.

A strong demand prevailing in
the pork market at the Indianapolis
Union Stockyards today sent prices
for all classes around 20 to 25 cents
higher than yesterdays best aver
age. The major advance was eff
fective mostly in the lightweight
division.
This was the first major increase
in more than q week A slight de-
crease in receipts, from 1000 to $500
also was contributed to the advance.
Competition was keen in practically
all claSsif1cations and trading was
active throughout the session. The
top price for hogs scared to S94O.
The bulk of 100 to 275 pounds,
cashed in at 1910 to $9.4O. while
heavy butcher classes, weighing 275
pounds and upward, brought 1915
to $905. Medium lightweights
scaling 1870 to 100 pounds, sold at
$3.50 to 1925, while extremely light
lights. weighing 100 to 1870 pounds,
we're salable at $725 to S8-25. Good
packing sOws held at 81 to $3.50
HoldoverS numbered 81.
With trading extremely scarce i'll
slaughter steers in the cattle
market, prices remained mostly I'M
changed at the previous close. She
stock, however, were active and
strong. Bulk Of steers and heiferS
were valued to sell from $3.50 down.
Vealers were largely so cents lower.
selling at $11 down The lamb
market was not established and
prices we're quotably steady.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12

By Jnff1 Prose
NEW YORK, April PA furry
Of strength in railroad shares in the
late morning dealings tolay lifted
prices Of stocks on the Stock Ex-
change to new gains of fractions to
more than a point.
The rise in the carrier shares was
brisk for time. 1t vanished almost
as quickly as it began and prices
declined from the high before noon.
Delaware & Hudson mounted to
29ls, up points and then settled
back a point. AtchisOn touched 40$4
up IS, Atlantic Coast Line 2414, up
2is; Delaware, Lackawanna 81
Western las, up -; New York
Central Is, up q; Pennsylvania
BOZ, up p; Southern Pacific 1872,
up l, ana Union Pacific 9O94, up II.
Toward noon the group was holding
advances ranging to a point.
Utility shares made small gains.
Steels firmed as did communica-
tons, amusements, and special is
sues. Oils were steady around the
previous close. Mercantile shares
were mixed in a narrow range.
Silvers did little more than hold
yesterdays gains. International
Silver preferred was a feature in
the issues traded in 10-share lots.
1t rose to 1872, up 3 points, on its
silver inventory appreciation. Silver
mining issues made small gains
with Cerro De Pasco reaching a
new high.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
On Commission ROIU

Quotations below are average wholesals
prices being offered 20 buyers by local
commission dealers.
Fruits-Bananas SC q 10. Apples. Vine
saps Sis. Delicious. 81. BalcvlnS. 81 so.
Lemons SunkiSt 26Os S4.25. Grape
70s and SOS. $50 Lines. Mexican, per
carton. rs. Csc. Byram. seedleSs. per hun
dred. So Strawberries. Louisiana - pt.
crate. S325. ApricotS. s. crate. Grapes.
South America, red. s.; white. S2.75.
Honey DewS South America. IS, Nectarlnes.
South America. box. SIS
Vegetables-Cabbage Northern Danish
g $50 ~ ess .T ne" T Ss Texas s1s;e, haRps
Onions. Western Spanish. 50-lb. has. IS IS.
Michigan yellow. 5o-lb bag. So. Potatoes.
Green Mountains l00-lb bag. 81 so.
selected cobhlerS. l5o-lb bag 81 50; north
err, round White loo-;o 6ae. 81 ohios.
bag, $3.50, New Florida. Triumphs. buShel.
S21S Sweet potatoes. Indiana Jerseys.
hushel. 81 So medium or seed. sl-l0, Nancy
Halls. bushel. Sis. Beans. round string
ana trimmed. medium. doz. soc: Jumbo.
dog. T5c. hearts coz. soc. Cucumbers.
hot house dozen. siS5, dozen box.
25o Endlve. California. dozen 81. Egg
plant 81 SoG2 doz. Ksle bushel. soc.
Arizona Iceberg head lettuce. SIS Yuma.
crate. 81 Mangoes, S566 8 crate: small
basket eOc Mint. a dozen. 81. Parsley.
dozen. 55c- Peas. hamper 50 50. Spinach,
Texas, eashel. 81 Radlshes. dozen.
hushel si2s. Beets bushel !. Carrots.
bushsl 81: ioo-lb. sack. Sis. Rhubarb.
hot house. 5-lb. carton. 65c. dozen
punches. 81 %. Mushrooms. 70. soc.
All quotations subject 70 change up or
down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
Other livestock
lBY Times Snecian

LOUISVILLE. April 2.-Cattle-Receipts
lIo; salable supply slaughter cattle Hgh.
demand dependable: market. generally
steady: bulk common to medium. steers
and heifers. ST 25G $50: better finished
offerings quotable. s975M1050 and above
for strictly good kinds; bulk beef cows.
s. q 6.75; good kinds and smooth heifer
types ST and above, bulk low cutters and
cutters S32ST475, sausage bulls mostly
81 50H rs. desirable beef bulls to Sc so
and above for yearling types most desir-
able Hereford stock calves S750G8 so:
palmer grade southerns. mostly IS. 5Od ). so
CalveS-Recepts. $50 including so stock
calves, vealers. steady; bulk good to
choice grades. So 5OG 9. SO: medium and
lower grades, $3.50 down to around 81 for
light cullS. Hogs-Receipts 600: market.
mostly Csc higher: top and bulk better
lso-25o lbs. 50 10, 255 lbs. up So IS; 16O-
us lbs, $3.50. l40-l55 lbs. 1910; 120-135
lbs. S1-l5. SowS Weighing 400 lbs. down.
81 IS. heavier sows discounted soc Sheep
Receipts, Is; steady; bulk medium to
eligible to S.: bulk common wooded throw
outs. S. and fat wooded ewes. SO so down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
264 BANKRUPTCY
APPLICATIONS FILED
First Quarter Total Increases Over
Preceding Three Months.

NJ imfS SpcCtHt
NEW YORK. April 12-Applica-
tions for relief under Section 77-B
Of the Federal Bankruptcy Act as
amended filed in the first quarter
OF 1885 numbered 264, compared
with 255 in the preceding three
months and $40 in the third quar-
ter of 1894, Dun & Bradstreet re-
ported today.
Total business failures in the
initial quarter Of this year num-
bered 1855. compared with 2977 in
the preceding quarter and 1851 in
the third 1884 quarter. Since the
section became effective on June 7.
1884, total of 856 applications has
been filed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
ALIEN WEAKNESS
SENDS GRAINS OFF
Fractional Losses Prevail
in Early Dealings.
By United Press

By United Press
CHICAGO, April 12-Weakness
at Liverpool caused wheat prices to
decline today on the Board of
Trade. Other grains also were off
fractionally.
At the start wheat was 4 to q
cent lower, corn was off p to %
cent, oats were g to - cent lower,
and rye declined q to q cent.
The trade was also influenced by
reports from the Southwest that
the dust storms were abating. Bart
let. Frazier & Co.'S Liverpool house
cabled that the market shows a nat
ural reaction.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
GAS ISSUE ALTERED
Civ Makes Bonds More AtruCtiUe

the contemplated bonds would be
limited to not more than 20 years
What this means to the city is
chat instead of paying interest on
the bonds for a period of not more
than 20 years, as was originally
aimed, the interest will be for 40
years. The importance Of such an
extension of maturity may be had
from the following example:
If the city were to sell an $780,
900 issue of ) per cent bonds which
would mature in 20 years the total
interest paid on the obligations for
the 20 years would be 100000 If
the city were to sell the same issue
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
FOREIGN
= go
JEWEL TEA SALES UP
BIZ Times SpecinI

NEW YORK, April 12-Jewel Tea
Corp. sales in the four weeks ended
March % totaled s1,439 1863, an in
crease Of IT'S per cent over the
corresponding period last year,
making the total for the first II
weeks Of the year s4,285,278. COM
pared with s3,826,920 in 1884, an
increase Of 1913 per cent, a COM
pany report showed today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
American Rolling Mill Seeking So, 100000 Loan;
Proceeds Will Be Used for Expanding Plant

At the stockholders meeting the
company will ask approval Of an
issue not to exceed s25,0OO,OO0 of
new convertible notes to be due in
1945. and convertible into common
stock at the rate Of 10 shares for
each $1,000 note.
The plan calls for approval of
the construction of a wide cold re-
duction mill and miscellaneous
equipment and the increase Of
working capital. For these two pur-
poses, it is estimated. approximate
" 100000 viii be required.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12

proposal as the offering is distinct
from the recent propositions of the
Southern California Edison Co.,
Pacific Gas & Electric Co., Swift &
Co., Standard Gas & Electric Co.
and the Commercial Credit Corp.
All five of these companies, how
ever, sought to sell low-coupon bond
issues and with the proceeds retire
present outstanding issues which
bear high interest rate.
The American Rolling Mill fiota-
ton is different; it means TO utilize
the 100000 for expansion pur-
poses.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
FORD PROFIT INCREASES
Net Earnings in London Amount TO
4SS,66S Francs in 1884.
By Times Special

By Times Special
NEW YORK, April 12-The Ford
Motor Co. Ltd. London. for the year
of 1884 reported profit of l,42e, 262
francs. against 942.510 france in the
preceding year, it was announced
here today.
After provision for depreciation
and obSolesence. directors fees. in
terest on loans. appropriation for in
come tax and other charges, there
was a net profit of 48S,663 francs for
the year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
BY VINCENT LYONS
Times Financial Editor.

Apparently the first hitch between
banking interests and the city in re-
gard to the proposed sale of s8,000,-
900 revenue bonds for the purpose
Of taking over the Citizens Gas Co.
developed today when the board of
directors of the Department Of Pub
lie Utilities scrapped the original
resolution and drafted new one.
The most important revision in
the new resolution provides that the
bonds to be sold will mature in not
more than 40 years. The original an
nouncement stated that the life of
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
By Times Special

NEW YORK, April u. - The
American Rolling Mill Co., second
largest maker of steel and iron
sheets and light plates in the Unit
ed States. will be in the market soon
for s6,000,000 Of new capital. it was
disclosed here today.
The only obstacle in the path of
acquiring the new money is the ap-
proval Of stockholders and this
ratification is expected when hold
ers get together at their annual
meeting next month.
More than usual interest Is at
tached to the American Rolling Mil
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
G. M. FOREIGN SALES
GAIN IS PER CENT
Overseas Trade in First Quarter
Shows Substantial Increase.

By Times Special
NEW YORK, April 12.-Overseas
sales Of General Motors Corp. in the
first quarter of 1885 totaled SO ,309
units, an increase of IS per cent
over the first three months of last
year and 213 per cent ahead of the
corresponding 1888 quarter, the
company reported today.
March overseas sales of 1886
units showed gain of IA per cent
over February and AZ per cent over
March last year. Demand for the
corporations American and Cana
dian produced cars has been show
ing consistent gains in 104 countries
since the spring of 1888, it was re-
ported. substantial gains being
achieved in countries where a more
liberal attitude on foreign trade has
been taken as a consequence of the
Administration activities under the
Trade Agreements Act.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
,eder and stocker Cattle
SHEEP AND LAMBS
Receipts. 1900
sham RaEisl
BUTTER IMPORT CONTINUES
By Times Special

NEW YORK, April 12.-The rec
ord Of butter imports at New York
from April to 10, inclusive, shows
arrival of $3.50 boxes from New Zea-
land, 1900 boxes from Argentina,
$500 casks from Holland. 1850 casks
from Latvia and 1850 casks Baltic.
reports showed today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12

During the year 1894 cash and Sc
curities increased about 100000. In
ventorieS were up nearly S400. 900
while net working capital increased
Sl60.G00 Profit and loss surplus
gained nearly $500 900 On Dec. 81.
1884, the current ratio was about
s to l while the book value of the
common stock was $3.50, a gain of
Sl99 during the year.
American Safety Razor was incor-
porated in 1919 in Virginia. The
capital stock is listed on the New
York Stock Exchange. At a current
price Of around 66i2 it sells to yield
about So per cent and for lll4
times 1885, earnings.
tAl Rights Reserved Winchester Iasti-
tute Of Finance. Winchester Mass
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
DROUGHT, DUST
ROB FARMERS
OF Jas MILLION
Potential Income of That
Much Destroyed by Ma
ture. Estimate Shows.
ByJnited Press

BIZ United Press
WASHINGTON. April I2-The
Drought and dust storms have
robbed farmers of nearly sI45. 600. 600
potential income from the 1888 win
ter wheat crop, unofficial estimates
based on Department Of Agriculture
crop reports indicated today.
Last fall farmers seeded a.
306,000 acres in winter wheat. Con-
tinued drought and gales which
stripped fields bare of top soil and
smothered young shoots made fur
ther cultivation Of much Of tics area
useless. So 1905 $50 acres were
abandoned.
S144,5OO,OOO Was Possible
These 1905, $50 acres might have
produced nearly 100000 bushels
OF wheat, assuming a yield of 1872
bushels an acre. AT IS cents
buShel. 100000 bushels would
bring s144,50O.OOO.
All the wheat harvested In the
United States this year will barely
equal normal consumption require
ments, present conditions indicate.
The Agricultural Department
placed the winter wheat crop at
ABS ,499 900 bushels. Average produc-
ton, computed on the basis of an
nual yields during the five wears.
1882. is 618.186. 900 bushels. Last
years production was more than
100000 bushels less than the in
dicated 1885 crop and the 1888 har-
vest, more than 84,0OO00O bushels
less. These, however, we're record
small crops.
Effect on Prices Shown
The drought loss is centered in
western Nebraska. Kansas and Okla
homa, the Texas Panhandle and
eastern Colorado and New Mexico.
Elsewhere, if wheat comes up well.
and is spared for harvest. growers
will benefit from the higher prices
caused by the crop reduction in the
plains states.
The feed shortage which curtails
livestock production. and keeps re-
tail meat prices high, was illus
trated graphically by the depart
ments report Of only 15,6OO,O 900 tons
of corn and oats on farms April l
less than half the average supply
for that time of year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
POWER PRODUCTION
RISES So PER CENT
Total for Week Ended April Was
$4,000 X. w. H.

~ tWtS y pttfHt
NEW YORK. April 12.-Produc-
ton of electricity by the electric
light and power industry Of the
United States for the week ended
April was 1.7OO.334.OO0 kilowatt
hours. a gain of So per cent COM
pared with output of l616,945 900
k. ". in the corresponding 1884
week. according to a report by the
Edison Electric Institute.
Although output was down more
than 1900 900 K. ". h. from the
preceding week to the lowest total
this year. 1t was the best for the COR
responding week since 1880 and re-
Elected a SeaSona decline from the
last week IN March.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
Produce Markets

Delivered n Indianapolis prices: Heavy
breed hens. Ice, Leghorn hens i4c
boilers lbs and I'd. zoe; Leghorn boilers
2 lbs and I'd l7c. barehackS boilers lsc.
cocks and StagS &C Ducks full feathere6
and fat &c. geese full feathered and fat
&C Al classes OF gulneas. l5c. No. !
isc. Each fun case must weigh Sc lbs
gross : deduction OF l0c a pound under
sNsee: 6atterfst. 3sc. Quoted BY the wad-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
DIVIDEND is ANNOUNCED

NEW YORK, April 12.-Directors
of Continental Can Co., Inc, de-
clared regular quarterly dividend
of so cents share on the capital
stock, payable May Is to holders of
record April Is.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
Wall St.
Union Bag & Paper
Expansion Aim
Significant.
by RALPH aENDERSHOT-
Times Special Writer

NEW YORK. April 12-Gradu-
4 ally big business seems 70 be
reviving It's courage 70 60 forward.
The most recent evidence Of this
was the announcement by Alex
snder Calder president Of the
Union Bag and Paper Corp, that
his company plans 70 construct a
$4,000 900 paper mill n Savannah,
Ga. in the near future.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12

The importance
OF developments
such as these can
not be under
estimated at a
time like this
when the wheels
of business have
b e Q T. turning
very slowly for
FIVE years Of
more and mil
lions nave been
without jobs The
new plant VIII
employ approx
sr snnn .-ra-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
STOCKS AGAIN
MOVE HIGHER;
CARRIERS LEAD
Strength in Railroad Group
Forces Stock Values
Upward.

HV UIf00 pTfFR
NEW YORK, April 12.-The
New York price for foreign" bar
silver was fixed at 6812 cents an
ounce today, an advance of "a
cents over the previous level and
the highest since Jan. 9, 1926.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12

sons. but indirectly /. Will help
great many more. The entire
South may well be expected to
benefit. for the construction Of this
plant Is but the first concrete step
in the development Of a new in
dustry in that part Of the country.
Heretofore Union Bag bought its
paper pulp abroad. Heretofore,
also. Georgia's slash pine has been
virtually a useless product. If the
new plant is a success-and expert
ments already conducted make 1t
virtually certain that 1t will be
other paper manufacturers are like
" TO follow. 1t has been demon
strated that neWsprint also can be
produced from this pine lumber.
The railroads serving the district
will benefit from the move Land
values will rise in all probability.
Employment will be given to
woodsmen, shopkeepers. builders
and many others. The other rami-
ications are relatively easy to con-
ceive.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12

A MOTHER feature of its opera
~ lions Is that 1t Will throw all
of its royalty properties in one pot,
and the dividends received will be
drawn from number of wells
rather than from one. as is usually
the case now. This will provide
Investigation and. if the properties
are bought with care, greater
stability of return.
OF course. the success or failure
of the concern will depend in large
measure on the ability OF the man
agement of the company to buy
well. Mr.. Grattan and an asSo-
ciate. Alexander w. Mccoy, will
have charge of this end of the bust
ness. They have had considerable
experience along those lines and
IL they succeed their efforts prob
ably will result in the establish
ment of an entirely new type of
investment security.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
Stock Studies

American Safety Razor Co. is the
second largest manufacturer in this
country Of safety razors and blades.
shaving brushes and accessories.
Since 1929 the company has been
developing worldwide outlets for its
products.
The larger proportion Of is prof
its is derived from the sale of
blades. Many of the company's
products are sold under widely ad-
vertised trade names. Principal
plants are in Brooklyn. N. Y, and
Hoboken. N. j.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12

ID. c. RUSSUM and James E.
N Grattan. former officials of
the Empire Gas and Fuel Co, have
set up a new organization to deal
in oil royalties. They believe they
can place these investments on a
sounder basis. and the plans they
have formulated and under which
their new company. Managed Oil
Royalties, Will operate suggest that
they may succeed
Instead of applying all returns
from royalty property toward the
repayment of the funds invested in
these royalties. thus making them
liquidatlng investments, Managed
Oil Royalties will pay out only a
portion of such receipts in the
form of dividends and reinvest the
remainder in additional royalties,
which Will make the concern a per-
manent one and the securities it
issues likewise permanent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
What Does IT Mean?

Printing Press MOney-Tkis type Of money Dould
be represented by the issuance of greenbacts, which
1coud hare security behind them ercept the credit Of
the government
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
(Bv James z. Beanettl
LOCAL CASH MARKET

Citv grain elevators are paying SO cents
for No 2 soft red wheat. Otner grades
on their merits. Cash corn No. 3 yellow
90 cents, and oats As cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
Money and Exchange
TREASURY STATEMENT

WASHINGTON. April 12.-Government
expenses and receipts for the current fiscal
year 10 April TO- compared with the cor
responding period of the previous fiscal
wear
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12
N. Y. Bonds

U. S. GOVERNMENT BONDS
(By Abbott. Proctor & Palmer
LibertYs
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12

tAi Rights Reserved Winchester Iasti
tute Of Finance. Winchester. Mass
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-12

Quotations below are average wholesals
prices being offered 20 buyers by local