davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
Those Gaining Shown

The 25 commodities for which an
increase is estimated are all grain.
cotton seed and products except
oil: citrus fruits. other fresh fruits
potatoes. other fresh vegetables.
poultry and dairy products. coal
and coke. ore and concentrates.
gravel. sand and stone. salt. lum-
Der and forest products. petroleum
and petroleum products. sugar,
syrup and mOlaSSeS: iron and steel.
machinery and boilers. cement
brick and clay products. lime and
plaster. agricultural implements and
vehicles. other than automobiles;
automobiles. trucks and parts; fer
tilizers OF all kinds. paper. paper
board and prepared roofing; chem
icals and explosives. and canned
goods. including canned food prod
uCts.
The four for which reduction
Is estimated are flour, meal and
other mill products: hay. straw and
alfalfa. cotton and live stock.
OF the commodities for which in
creaSeS are estimated in the third
quarter OF 1885 compared with the
same period last year, those show
ing the largest percentage OF in
crcases are agricultural implements
and vehicles other than automO-
bileS. 42.5 per cent; brick and clay
products. 245 per cent; citrus
fruits. POS per cent: other fresh
fruits. 81 per cent. iron and STEEL
1914 per cent. ore and concentrates.
1871 per cent: lumber and forest
products IA per cent, and all
grain. i0.5 per cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02

A simple question. "HoV's business"
- answered by JOnn n. Flynn. America
most distinguished writer on economic
topics. in six daily articles which he has
written exclusive for The India ma polls
Times and NEA Service. This is the ser
ond articles in a series Of vital iupOr-
lance to all Americans.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
WEATHER
DIPS WHEAT PRICE
Slight Recession Displayed
in Initial Dealings.
BIZ United Press

By UHitcd Press
CHICAGO, July "A turn for the
better in Southwest weather condi
ticns was reflected in easier wheat
prices today on the Board of Trade
At the start wheat was u to p
cent lower, corn was u to IS cent
higher, oats were off 4 cent to up Is
cent, and rye was Is to 4 cent i'm
proved.
Activity in the wheat pit was ra-
Their light early as traders awaited
publication Of the July crop reports
by private experts, which were
to be released at mid-morning. The
English market also awaited the 10
cal crop reports, according to cable
from Bartlett Frazier & Co.'S Liver
pool house.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
FRUITS AND VEGETABLES

CHICAGO JAW Apple Illinois.
cratss @ d.. 81 soH77s Tirnips-Iiii-
rcis. e1nches fntt.c sweet Poiatnes-
Tennessee hlshel eou-5c Lettuce-West-
ruce-unncis. ia-ln cartons. 11I SOC
Eeans-rIi incls. bilxkei 81 500. CahtsEe-
Ilirc lettuce crates Use reaS-Cali-
fornla. husnsI hamprrs. siai1s tomatoes
Tens iuEs. 81 zsaI IS Sniuach-Iiii-
res tlsrff fstf go tspara Sus-Tlinctv.
rois. Sch. cartons. zoe sec.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
THIRD QUARTER
CAR LOADINGS
WILL TOP 1884
Estimate for Country Put
2.9 Per Cent Higher
Than Year AGO.
EvTimes pc,iaf

NV fmrf >Hcciaf
WASHINGTON. July 2-Freight
car Ioadings in the third quarter of
1885 are expected TO be about 30
per cent above actual loadings in
the same quarter in 1884. according
70 estimates just compiled by the
3 ppers' regional boards and
made public today by the Associa-
ton Of American Railroads
On the basis Of these estimates,
freight car lOadings Of the % prin-
cipaI commodities will be 4953 .545
cars IN the third quarter Of 1885
compared with 48l2279 actual
loadings for the same commodities
IN the corresponding period last year
Nine Of the thirteen boards eSti-
mate an increase in the loadings for
the second quarter OF 1885 compared
with the same period IN 1884 while
four estimate a decrease.
Comparisons Made
The tabuIation below shows the
estimated loadings for the third
quarter Of 1885 for each district and
the percentage of increase or de-
crease over the same 1884 period.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
CHAIN STORE SALES DIP

New York Units show Drop Of 4
T. c. Compared With Year Ago.
Fr ffHres So -rlrl
NEW YORK. July May sales
Of New York chain store systems.
reporting 10 the New York Federal
Reserve Bank. we're approximately
4 per cent lower than the same
month Of the previous year. IL was
announced here tCGav.
With the exception of March.
1888. the decline was the largest
registered by the chain groups for
more than two wears. The low
volume in March was attributed 20
Athe late Easter this wear Depart
merit store sales during the initial
half o. June were O.3 per cent high
or than a year ago.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
Comparisons Made

OF the % commodities included
IN the estimate. increases are eX-
pected in 25. while decreases are
expected in only four. all OF which
are agricultural products. The COM
modities IN which reductions under
the same period last year are an
ticipated represent only 1912 per
cent OF the total estimated loadingS
for the % commodities.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
I'D. ADAMS VOTES DIVIDEND

Directors Of the J. D. Adams
Manufacturing Co. at the regular
quarterly meeting last week de-
clared a quarterly dividend of Is
cents a share on the common cap
ital stock, payable Aug. l, to holders
of record July IS.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
STOCK INDEX DECLINES

NEW YORK, July 2-The stock
index Of 10 leading management
investment companies during the
last week showed a slight decline,
according 10 Distributors Group,
Inc. The index for the week was
placed az llsI. compared With 1907
in the preceding week.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
u. S. SPENT 81
FOR EVERY ST
INCOME IN 1885
Deficit for 1886 Believed
0vereStimated by at
Least Billion.
By United Press

By United Press
WASHINGTON, July 2.-The
Federal government spent. approx
mately 81 for every 81 revenue in
come in the 1885 fiscal year ended
June 80, preliminary Treasury fig
ures revealed >oday. 1t borrowed
the difference.
Secretary Henry Morgenthau Jr
in opening the Treasury's books on
the 1886 fiscal year, started the Fed
eral government on its sixth success
sive year of unbalanced budgets, a
period equaled only twice before in
the history of the nation.
Despite renewal of the $500 10000
nuisance taxes and Administration
plans for increased taxes on cor
porations and wealthy persons,
Treasury estimates for the coming
wear offered slight hope of bal
anced budget in the next II months.
Wealth Tax UncOnSidered
President Roosevelt's estimates Of
possible income for his taX-on-
wealth program of $1,OO0,O00,O00 a
year were not included in budget
estimates. Budget figures provide for
expenditure of S4,528, 508,970 in eX-
cess of revenues during the 1886
fiscal year.
In the fiscal year just closed, a
preliminary check revealed. Federal
expenditures were $1,000 1000, 900.
Revenue was estimated at $780,
100000, leaving the government in
the red" by $500, 100000. ESti-
mated expenditures for the 1886
fiscal year, swelled by the $4,000,
100000 work relief program, were
estimated to reach $8,520,4l3, 500
Revenues were estimated at 1891,
904,693.
The additional estimated deficit,
added to the present accumulated
deficit of $14,5O0, 100000 since the
budget became unbalanced July l,
1880, would bring the depression"
deficit TO sly ,Uzo, 0U0,9IO,
Half World War Cost
The only previous longtime pc
RODS in which the Treasury operated
in the red" were in the eight-year
Civil War period from 1858 to 1865,
when a deficit of $4,000, 100000 was
piled up, and 1894 1899-six years
when the deficit amounted to
S251 100000.
The government has spent more
than half as much fighting the de-
preston as the immediate $25,-
729 100000 cost of fighting the World
War.
On the basis of fiscal operations
during the last year the 1886 deficit
is believed to be overestimated by at
least a billion dollars The gov
eminent spent only slightly more
than 100000, 900. monthly last year.
Because of these developments, as
we'll as the changed economic out
look, President Roosevelt has ordered
Acting Budget Director Daniel w.
Bell to draw a new 1886 detailed
budget picture as soon as Congress
adjourns and tax and appropriation
figures are known.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
UTAsHINGTON adwceS state

NTASHINGTON adwceS state
w that President Roosevelt Is
more interested in discuraging big
ness in corporations than IN rails
ing additional revenues IN his new
tax plan. That makes the plan
lust that much more dIStaSteful 10
Wall Street people. who feel that
they have had more than enough
OF what they term class legislation.
II Is difficult to see where bigncSS
is either a help or a hindrance 10
economic development or the gem
eral public welfare Il all depends
on the type of management IN
charge. A poorly managed bic
concern is a drag just as poorly
MANAGED small one. while one that
IS managed well can GO a long way
toward promoting general prosper
it's.
The real danger lies IN the fact
that the stockholders. vino are the
actual owners Of our big enter
priseS. have nothing TO say about
their policies. Corporate manage
men can perpCtuate itself IN power
irrespective of the results 70 shows
either from a profit standpoint or
from the standpoint OF promoting
the general good
From a competitive point Of view
the large concern has very little
edge on the smaller companies.
National Steel. for instance. has
run rings around United States
steel in the last few years IN Sc
curing new business and also IN
making profits. Several large rail-
roads either are in bankruptcy or
on the verge OF ID. while smaller
ones are dofno unite we'll
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02

the delisting Of
a stock or bond
Is a pretty er-
Gus thing
Some e r n
Germs no doubt
viii decline the
invitation even
though u has
been extended
70 july Is pre-
feuing 10 allow
their sccuTItIeS
20 be delisfed by
default rather
than supply the
commission uIth
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
Ply IOHN T. FLYNN

lCoDvright 1885 NEA Service 1ncl
NEW YORK. July 2.-What did
do these last six months IN
the production of goods? Total pro-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
Wall St.
SEC Acts Wisely in
Extending Date
of Registration.
RALPH HENDERSI
Timss spscisI Writer

NEW YORK. july I'm cx-
y tending FOR another Two
weeks The final date Tor making
applications for permanent listing
Of securities the Securities and
Exchange Commission acted very
wisely. Every effort should b.
made b. The commission 70 CO.
operate vlth the corporations. for
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
NASH REPORTS LOSS
Motor Firm Operates at Net Loss
of S556,31O in Three Months.

By 4 imcs Spccial
CHICAGO, July 2.-The Nash
Motor Car Co. during the second
quarter ended May 81 operated at
net loss of S556,310, after all ex-
penses. depreciation and taxes, it
was announced here today. In the
preceding quarter the loss amounted
to only $405 .906
Net operating loss of the company
during the first six months of the
current year tOtaled S9S2,216,
against a net loss of S1.O17,O89 in
the corresponding period last year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
LOCAL CASH MARKET

Citv grain elevators are paving n cents
for No 2 soft red wheat Other grades on
their merits. Cash corn No. yellow.
70 cents and oats 80 cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
Produce Markets

The prices quoted below are paid for
stock gathered in the country. while de-
livereo in Indianapolis the price will be a
cent higher. Heavy breed hens. IL; Leg
horn breed hens l0c: heavy breed cocks,
7c; Leghorn breed cocks. &c; coored
broilers, lbs and up, l3c; Leghorn broil-
ers, 1i2 lbs and up. Zoe. Bareback broilers.
geese. full feathered and fat, Sc: No. |
strictly fresh eggs. loss off 19c. Each fun
of l0c a pound under S. lbs. will be made.
Butter-No. l. 22m23c butterfat, zoe.
Quoted by the WadleY Co.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02

the information Dr. desires. In that
event pressure probably can be
brought on these companies By APP
pealing 70 their security holders
The New York stock Exchange
has experienced difficult IN the
past IN getting corporations with
listed shares 70 report fully Il
has rescrted on occasion 70 direct
contact with the Owners Of these
shares and has met with consider
able success. Bankers and brokers
co-operated fully with the OK
change in such Instance. making
the JOB much easier. Whether
they would cooperate as fully with
the commission remains 10 be seen.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
SHE EP AND LAMBS
Receipts. 1900

Lambs. 9O-llO lbs good and
choice ... .s775d 8.75
medium NEUTRALITY-SUSPICIOUS.. 6.250 IT'S
Ewes
90-l20 lbs. good and choice -. 2006 800
120-150l Good ana choice l.o0M 40
dunn -. -. .75a 200
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
Stocks Move Forward

But while the trend Of business
has been down, the trend of security
prices has been distinctly up. Fifty
stocks which a year ago were priced
at an average of 77.2 were recently
priced at 1852. This rise has taken
place since March. From January
to March the market sagged. But
since March it has gone up steadily.
The stock market went up simply
because the investing and specu-
lating public has become convinced
that a certain degree of imitation is
inevitable. There has been, there
fore. a steady movement of funds
into common stocks ever since the
agitation about the Patman bill
touched off the inflationary scare.
Thus, to sum up, business has
been rocking along these last 18
months within a narrow range and
around about the same level. 1t is
d llbIle DCbCCl OiAoll ~ Woos IAAOA5 a.
tending down. But it exhibits no
dynamic energy as yet.
Clearly something has happened
to make business better than 1888
or 1894. The downward spiral of
1881 to 1888 has been checked
There has been lift But it has
not been a tremendous lift and
much distance remains to be trav-
eled before we can say recovery has
been reached.
World conditions are about the
same. England has done just about
the same this half year as last.
Germany has done better, but
France has done worse. Italy is
about the same
TomOrrow-The forces at work
behind present-day business.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02

CHICAGO. July - Eggs = Market,
steady, receipts, 2O.74 cases; fresh graded
frsts 23i2c; current receipts, 221c;
Market. weak, receipts. 25,235 tubs; extra
% scorel 23c hrsts l88-8912 scorel. 2094
M21l4c: seconds l86-87i2 score). zoe: spe-
Gals 23c, standards. 23l4c. Poultry-Mar-
ket. irregular: receipts car. SIS trucks;
hens. l2m15'2c: broilerS, l5n l6l2c; fryers.
15i26l8c; old roosters, I2N 13c; ducks.
ga Ice; geese, l0c spring chickens. IAN
II &c; Leghorn chicks. l3i2m l5c. Cheese
Twins, l3ml 3l4c: Daisies, 1874 l394c:
Longhorns l3l2@l334c. Potatoes. old stock
Supply light demand and trading light:
market, about steady; wisconsin Round
ate: demand and trading light: market
firm. on good stock; Alabama Bliss Tri-
umphs. IS; Arkansas Bliss Triumphs.
s1lO: California Round Whites, sl.7o:
North Carolina Cobblers Showing decayl.
s13om15s; Virginia cobblers. 81 50.
Arrivals 43, on track 3o6 shipments 4l4.
CLEVELAND July Butter-Market
weak extras 27c, standards PIC Eggs
Market steady; extra whites. 26c: extra.
hrsts 23c: current receipts % &C. Poultry
Market steady: heavy fowl. l5c: medium
fowl. ia l8c, ducks. young. l60 lie: ducks.
old 12M13c POtatoes-North Carolina
CobblerS. 81 IS l00-lb bag Virginia s215
barrel California Long Whites SOAPS
l0O-lb. bag: Ohio Cobblers. ST. a 100
ID. bag
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
Dividend Record Better

Favorable dividend changes in June totaled f06,
against % IN Nov according to the Standard Statistics
Co. The months favorable changes consisted Of II m
creases 6 assumptions 20 ertrGs and is initials
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02

II EPORTS have been going the
N rounds of late that ~ least
two automobile companies, Ford
and Auburn. are experimenting
with new cars powered By Diesel
engines. Confirmation Of the re-
ports Is lacking. but the yarns sus-
gest the possibilities for further de-
velopment IN the automobile field
And il such things are going on
In the automobile industry D. IS
reasonable N suppOse that COM
parable activities are taking place
behind the scenes IN a great many
helds. Consequently. those VINO
contend the country is Overbult
In6ustrially probably have not con-
sidered al the factors.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02

From this we see first that pro-
duction and employment went down
about the same, but that pay rolls
sank far lower-to 81. The favor
able point in all this is that en-
ployment rose from SO to 81 and pay
rolls from 81 to II, The unfavor-
able feature of this is that while
production is within 10 points of
the 1923-25 level, employment has
18 points to go to reach it and pay
rolls have 90 points to go.
Meantime, prices have recovered
more than pay rolls, so that the
actual purchasing power of the pay
roll is even less than it seems.
The Federal Reserve Board has
compiled the profits of 279 leading
industrial enterprises. In the first
quarter of 1888 these corporations
sustained an aggregate loss of $52,-
100000. In 1884 they made $117,-
100000. In 1885 they made $154,-
100000 in the first quarter. The
railroads, however, continue to lose
money and lost much more this year
than last.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02


WASHINGTON. July 24-Governmen
expenses and receipts for the current fsca
year 1885 compared with the previous hSca
wear.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
Unlisted Stocks

BY Blvth 4 Co Inc
NEW YORK BANKS
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
Residential Building Up

The favorable element in the pic
ture, however, is that residential
cor%.ruction has improved. 1t is
very much better than last year.
But it is still quite low and is not
in any sense near revival The in
crease in home construction, how
ever, has been more than offset by
the falling off in commercial con-
Struction.
Department stores-so far as they
are an index Of retail trade-Sold
more this year than last; they did
better in the first three months of
1885 than in 1884 and not so well in
the last three months. Thus we see
that production was a little better,
railroad operation about the same,
retail trade a little better and con-
struction worse.
In the early part of the six
months period, employment showed
improvement over last year. In the
latter part it fell off little.
Table Shows Changes
Here is a little table of immense
significance. 1t gives the index
numbers of production, used by the
Federal Reserve Board, of employ
ment and pay rolls at three diff
ferent periods-March, 1888; June,
1884, and May, 1885;
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02

TOmOrrOw-The forces at work
behind present day business.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-02
". Y. Bonds
tBv Abbott Proctor g. PslneI
U. S. GOVERNMENT BONDS

CCopyright. 1885 bv Standard Statistics
The Waterbury Democrat., 1935-10-25
EDWARD F|LENE
 REVIEWS EUROPE
Whole Scene Very Dark and Discouraging Says
 Boston Merchant

Boston, Oct. 25-(UP)-The whole European scene is dark and discour. aging, according to Edward A. Filene Boston merchant and economist Filene has just returned from an ex- tensive tour of European countries which was interrupted by near fatal attack of pneumonia at Mos- COW. When Americans think of Eu- rope today, they are likely to think mainly of the Italian problem" he said at 8 welcome home" dinner last night. But the Italian prob- lem is only one system of disease with which all Europe is afflicted. l regret to say that I have come home with a feeling that the whole Eu- ropean scene is dark and discourag- ing"
 Faces Our Problem
 He said the old world faced the same problem as America-distribu- ton of the ever-increasing volume of goods which has been a result of the machine age. But the difference, Filene pointed out, is that this coun- try still is young, and 1t is less diffi- cult for us to break, away from es- tablished viewpoints. My study this year." he said. confirmed what my previous studies had forced me to believe; namely, that Europe must almost certainly undergo still an- other period of war and revolution before a workable government of Europe can be formed. Eventually there must be a United States of Europe" Countries in which the CO., operative movements from al. im- portant part of the national life, such as England. Holland, Denmark and Sweden. are least affected by the general depression, Filene found.
 Will Stay in Business
 T am not gong out of business then in my resolve to devote an i'm portant part of my time and strength to the cause of consumer cooperation ir America" Filene said. T am going into business in bigger way than ever. And l am not setting myself against the profit sys- tenn, although this situation de- mands that all profits go to the consumer, instead of into the pock- cts of Edward A. Filene.
 T am glad to get back to Amer ica, for America now means op- in a greater sense than ever before. Not. however, the op- to get ahead of others but the opportunity to get ahead with otfers."
The Waterbury Democrat., 1935-10-25
BREWERS LAUNCH
 ATTACK ON DRYS

Los Angeles. Oct. 25-(UP)-- Members of the United States Brew ers' association launched a counter attack today on drys who seek to put beer in the same class with hard liquor.
 They voted at the close of their annual convention here to meet on the four-square of truth, temper ance, law obedience and social prog ress" an attack which they claimed Is vased on reckless untruths. inc sidious innuendo and dishonest pro- paganda."
 The resolution made it clear that. in the opinion of the brewers, oc- casional indulgence in & glass of beer is not contrary to the principles of temperance.
 Colonel Jacob Ruppert of New York was elected president of the association. Other officers: Edward Landsberg, Chicago. first vice-pres- ident; Gus L. Becker, Ogden, Utah second vice-president, 0. D. Wil- Hams, New York. secretary, and R. I. Schaefer, Brooklyn. treasurer.
 Chicago entered the only bid Tor the lD36 convention.