davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1935-10-30

second, end Finalist, one of the
favoriteS at 6 to /, was third.
These three horses brought
81 100000 in prize money to
American ticket holders. Ameri-
cans also collected hundreds Of
thousands in additional prizes
Continued on Page ,, Col. y
The Washington times., 1935-10-30
Army Quarters Shocked
On News of Plane Crash

International News Service
Army quarters were shocked to-
day to hear of the crash of the
new Boeing test bomber near
Dayton, Ohio, while undergoing
preliminary trials.
Word was received at the War
(COntinued on Page 2, Col. y
The Indianapolis times., 1935-11-27
On Commission ROlD

Quotations below subject to change are
average wholesale prices being 1ffered to
BUYERS bv local commission dealers;
Fruit-Cranberres, early blacks. 25-lb.
box. 81. Pears-WaShington DAnjo. So
ntaloupe-California Honev Dews, So;
Cssebss s225; Persans s225 Bananas
- -, hands a pound. 5lsc. PersimmoInss1,In- :,
Jonathans $3.50 Summer Rambos, 81;
Delicious. sleoGl75, wealthys. 81; Grimes
Golden. sl15Gl25 Lemons-Sunkist, 26os.
S. 50 Grapefruit-Texas, Gas to 7os So 80.
Florida seedless. So Limes-Mexican a
carton l2s, 2oc; Persian seedless hundred,
veeetables-Beans green. round string
less ou S275 Beets-Home grown. doz.,
Csc cabbage-Northern Danish, 5o-lb. bag,
half bu.. soc aulifiower-Michigan
crate. $50. Long Island, large crate 81 so
Celery Michigan, washed and trimmed,
extra large, 55c: Jumbo. doz., SOC Gu
umoers-Southern hu. $3.50. doz.. S5c.
kale-Home grown. bu., SOC Lettuce-Ice-
berg, California. best, sS25 home grown
leaf. l5-lb basket. 81 Endive-Ohio has
ket s5c. Mangoes-California crate, s4.7S;
small basket SIPS. Mint-Bunch. I5c.
Indians yellow. 5o-lb bag 81: Indiana
so-lb. bag. $50. Parslev-Home grown
doz 3sc. Peas-Telephone. hammers. 81
potatoeS-Round Coboers loO-lb bag
81 s.: Michigan Round White 100-lb. beg
$50 Eerlv Ohios bu., 81 IS: Idaho
Kussets' 50 40. Sweet potatoes-1ndiana,
sson doz. baskets, 45c saee-Doz. 45c
Bu.; $50 Tomatoes-C California, re-
packed. lob. carton 81 IS
The Indianapolis times., 1935-11-27
SWINE VALUES
MOVE UPWARD
Prices Generally 5 Cents
Higher: VeaIs, Lambs
Hold Steady.

Pre-holiday trading in hogs to-
day at the indianapolis Union
Stockyards was strong to generally
5 cents higher than yesterdays best
prices. Although receipts were esti-
mated at only 5000, an extremely
weak demand prevailed in practical
ly all classes.
Several classes Of packing soWs,
however, were an exception to the
general trend and remained un-
changed. The sharp decrease in re-
ceipts was attributed to the Thanks
giving Day holiday tomorrow, when
all major livestock markets will re-
main closed. Approximately 687
hogs of todays light supply were
held over for Fridays market.
The general bulk of 16O to 800
pounds, sold from 1910 to $3.50 a
hundredwaight, Extremely heavy
butcher classes, ranging from 300
pounds and upward, cashed in at
$9.40 to $780, Light slaughter pigs
weighing 100 to 100 pounds, brought
S9.15 to S965. Packing sows sold at
$8 to SO.
With the supply also limited in
the cattle market, bidding was firm
to slightly higher than yesterday
Bulk of steers ranged from 1925 to
s11,60. Most heifers brought $5.25
to $3.50, with few around So. Indi-
viduals ranged upward to $3.50. Bulls
sold at $4.25 to SIS. Receipts num-
bered 6O0
Vealers remained stationary, with
the bulk of good and choice grades
selling from S10.50 to $11. Receipts
we're 500. Lambs were steady to
strong. Bulk of good and choice
eve and wether grades sold at
S1025 to S11. Slaughter sheep
cashd in at So to s5. Receipts were
1000.
The Indianapolis times., 1935-11-27
JOBS, WAGES
CAIN IN LOCAL
RESERVE AREA
Increases Largest Since
Seasonal Expansion
in February.

Times Special
CHICAGO, Nov. 27.-Employ-
ment increased almost 5 per cent
and wage payments more than 7
per cent in the Seventh Federal Re-
serve District between Sept. IS and
Oct. IS, according to a survey of
business conditions released today
by the Federal Reserve Bank of
Chicago.
These gains were the largest since
the heavy seasonal expansion of
last February, when employment
advanced as sharply as in the
current month and pay rolls by an
even larger percentage.
AS in the earlier expansion, the
present improvement affected the
majority of the reporting industries,
all of the principal groups with the
exception of food products and con-
struction work contributing to the
gain IN employment and all but
these and the textile and leather
groups to the rise in pay rolls.
Auto Industry Is Leader
The automobile industry was
almost entirely responsible for the
substantial increases of II per cent
in employment and % per cent in
pay rolls recorded for the vehicles
group as whole.
Rubber products followed the
trend in vehicles with increases of
8 and II per cent, respectively
Metal industries reported advances
for the third consecutive month,
the October gains being approx
mately as heavy as those recorded
for September.
Stone-clay-and-glass and the
chemical industries also showed a
steady rise in the number of work.
ers employed and their wage pay
ments since last July and wood
products have recorded increases III
these items since last May.
Foods Group Shows Losses
The main exception to the rising
trend in manufacturing activity
was furnished by the food prod
ucts group in which the losses were
brought about mainly by the cessa-
ton of activity in the canning, pre-
serving and certain other highly
seasonal industries.
Among the non-manufacturing
groups, construction, employment
and pay rolls experienced a moder-
ate recession following the steady
expansion that has been shown by
this group since last January. The
coal industry again recorded heavy
gains in both men and wage pay
ments, while merchandising and
public utilities advance more mod
erately.
Manufacturing and non-manu-
featuring industries combined at
tanned an employment level in Oc-
tober that was the highest since last
May and a pay roll volume that
exceeded any month since April
The Indianapolis times., 1935-11-27
Produce Markets

The prices quoted below are paid for
Tered in Irdianapois M s the Mice Ti he
cent higher Heavy breed hens. Ice: Leg
horn breed hens. l2c; springers, over Ala
lbs, 17c; under 4la lbs. l6c; old cocks. &c;
Turkeys-Young hens. lbs. and up loc:
toms. 13 to 1a lbs. l9c: over ls lbs. lac:
old toms. lac. Ducks-White: AZ los. and
up. l0c: geese. 10 lbs. full feathered and
fat. &c: old guineas. 15c; yourg guineas.
Ia lbs. and up. Csc. No. l strictly fresh
eggs, loss of, Csc; pullet eggs, l5c. Each
full case must weigh 55 lbs. gross a de-
duction of loc pound under 55 lbs will
be made; No. l butter. 3612 37lzc; No. 2.
34l2 q IS &c: butterfat. 3lc. Quoted by the
Wedley Co.
The Indianapolis times., 1935-11-27
BUSINESS FAILURES
AGAIN SHOW DECLINE
Dun & Bradstreet Report Total of
1876 for Week.

4 tHNc - HptttUt
NEW YORK, Nov. 27.-Business
failures in the United States during
the week ended Nov. 81 amounted
to 1876, compared with 210 in the
preceding week, marking the fourth
consecutive weekly decline, accord
ing to report released today by
Dun & Bradstreet, Inc.
Fewer defaults we're reported in
the East, West and Pacific sections,
while an increase of three failures
was registered in the South, bring
ing the total up to 80.
Insolvencies with liabilities of
$4,000 and over. in each instance,
numbered 1l3 for the latest week,
against 119 in the previous week.
The total of defaults in the Domin-
ion of Canada amounted to %, COM
pared with 26 in the previous week,
and 46 in the corresponding week
year ago.
The Indianapolis times., 1935-11-27
I BY United Press

CHICAGO, Nov Eggs-.Market un.
settled. receipts, 1880 cases; fresh graded
frsts, 29c; extra frsts. soc; current re-
ceipts, 276 28c; dirties, 2o02lc: checks, 10
G2oc. Butter.-Market. easy; receipts. 1908
tubs; extra hrsts 9o-o11a scorel 3124 n
89l7 score. 3oH n 3o74c: seconds f5s-s7I Z
score. .2el2c specials; 1874 q 33o4c; stand
ards. 32c. Poultry-Market, steady: re-
ceipts 2 cars, rs trucks: ducks. 1872 n i8c.
geese. 15016c spring chickens. l9d zoe
hens. 16dlal2c; turkeys. 22027c: Jeghorn
hers. lac: old roosters lac Cheese
Twins. l7@17izc; Daisies 17la lsc Long
horns, lsd1s4c. Potatoes-Supply heavy.
on Idaho russets demand light: on other
stock demand slow market slightly weaker
Idaho russet Burbanks 81 70Gi55: com
mercials. s1.55; U. S: No. 2. sl25d 1.4o;
Wisconsin round whites. sl.o7izN ITO:
Mountains. sl.35. Minnesota and North
Dakota Red River Ohios, si.35: Colorado
McClures, 81 so n 60 Nebraska Bliss Tri-
jumps. $40 Arrivals SO; on track 435
shipments. $40.
The Indianapolis times., 1935-11-27
ASK DEFINITE PROGRAM
Building Materials Organizations
Send Letter to Roosevelt.

iHttS NpeCl0t
WASHINGTON, Nov. 27.-The
fact that some 40 major government
agencies are concerned directly or
indirectly in housing, that some ap-
pear to be competing with each
other and some with private indus
try is the subject of letter that
has just been sent TO President
Roosevelt by IS representative Or
ganizations of the building mate
rials industry.
Those organizations, in making
their request, state in part: Until
we know the extent to which the
government itself proposes to go in
the housing business, private activi-
ties will be bound to proceed hesi-
family and with utmost caution.
Thus, without intent or desire, it
puts a brake upon industrial re-
covery.
The Indianapolis times., 1935-11-27
CROPS SHOW INCREASE
Livestock Production Increases
Predicted for Next Year.
Times Special

Times Special
NEW YORK, Nov. 27.-Compared
with last years yields only potatoes,
pears and buckwheat of % principal
crops show decrease in output
according to the Alexander Hamil-
ton Institute.
The combined output of the three
feed crops, corn, oats and hay, will
amount to ITO million tons as
against i04 million in 1884. an in
crease of 63.5 per cent. The rails
ing of more livestock next year and
the eventual easing of meat prices
thus continues to be guaranteed.
This will help materially to stimu-
late an extension of the general
business recovery movement, it is
pointed out.
The Indianapolis times., 1935-11-27
DRUG SALES INCREASE
Average Dollar Business of Chain
Stores Up 312 Per Cent.

. WASHINGTON, Nov. 27.-Aver-
age daily dollar sales of chain drug
stores were 312 per cent higher last
month than in October, 1884, the
Commerce Department reported to-
day.
The department also reported that
October sales were As per cent
greater than September sales. The
report showed that tobacco sales ac-
counted for 25 per cent of total net
sales and fountain products for 81
per cent
The Indianapolis times., 1935-11-27
BuSigrabhS

Steel production in the month of
October was the largest in volume
of any month since May of last year,
and more than double that in Oc-
tober year ago Production actl-
ally passed above the October av-
erage of the last 10 years. During
the first 10 months of this year
nearly % per cent more steel was
produced in our mills than in the
corresponding 1894 uonths.
The Indianapolis times., 1935-11-27
New Business Books
Available at Library

The following new business
books are now available at the
business branch of the Ipdl-
annapolis Public Library:
GOVERNMENT IN BUSINESS, by
Stuart Chase He believes that
further expansion of government
ownership and control is inevitable.
He is heartily in favor Of it and he
outlines the technique by which 1t
ought to proceed"
THE RISE AND FALL OF THE
GOLD STANDARD, by Sir Charles
Webb-"This book gives IN
simple nontechnical language the
history and theory OF the currently
systems comprised under the term
The Gold Standard and the nature
Of their success and failure"
HOW TO PACKAGE FOR PROFIT.
by c. B. Larrabee-"S Such points in
making up attractive packages as
shape, size, color, lettering and ma
terials.''
INSURANCE FUNDS AND THEIR
INVESTMENT by r. w. Paish and
G. L. Schwartz-"One of the most
important sections Of the organiza-
ton of modern community is that
part Of the financial mechanism
hich facilitates and controls the
flow Of new savings from those who
make them TO those who use them"
WANTED: SKILLED LABOR, by
National Industrial Conference Board.
The Indianapolis times., 1935-11-27
new DRIVE TO
SHIFT RELIEF
is COMMENDED
Government Measure Held
Vital to Recovery in
Business Survey.

Times Special
NEW YORK, Nov. 27.-Commen-
dation Of the Administration re-
Gently announced campaign to has
ten the removal of unemployed
workers from public to private pay
rolls is voiced in the monthly busi-
ness and financial survey of the
Guaranty Trust Co. of New York,
published this week.
TT is the most constructive ap-
proach to the problem of recovery
that the government has yet taken"
the Survey comments The Presi-
dent pointed out that employment
and wage payments have declined
more sharply than industrial ac-
tlvity in the last five years and in
dicated that he was seeking a means
OF raising employment and pay rolls
to the level of production.
Among the features of the cam
paign were to be a series of con-
ferences with industrial leaders and
an organized drive by the United
States Re- e-Employment Service to
place relief workers in private jobs.
Two Aspects of Recovery Problem
"The unemployment of labor is
one of the two principal aspects of
the recovery problem. The other is
the unemployment of capital, as
manifested in abnormally low levels
of new security issues and in bank
reserves far in excess of legal re-
quirements.
Relief from these two forms of
unemployment must come together,
and the means of achieving it must
be sought in the same directions.
The situation clearly illustrates the
fact that unemployed workers and
excess funds in the hands of bank
ers and investors are not two con-
ditions but merely two manifesto
tons Of a single underlying condi-
ton.
1T is becoming increasingly clear
that, however necessary government
aid may have been in affording tenn
porary relief, the government has
not succeeded in producing a sound,
normal and sustained recovery.
Capital Market Revival Needed
In tse present situation, the first
SNaY1 ic -
tai market. If such a revival can
be achieved, Unemployment of labor
will follow as a matter of course.
But the revival will not take place
as long as business men and in
vestors are threatened with arbi-
trary laws, punitive taxation, gov
ernmental competition, uncontrolla-
ole imitation, and even outright
financial destruction through harsh
legislative penalties against estab-
lshed business practices.
Experimentation has proceeded
far enough to demonstrate that gov
ernmental interference with private
business, profligate spending and
redistribution Of income constitute
neither substitute for, nor an in
ducement to, real business recovery.
Idle capital and idle workers can
be re-employed on sound and per-
manent basis only by private en-
terprise and the latter can flourish
onl. when it is assured of a rea-
sonable opportunity to earn a profit
in the long run. Capital must be
permitted to earn a living wage
if industry is to be able to pay liv-
ing wages to workers. The effort
to force recovery must be supplanted
by an effort to permit recovery"
The Indianapolis times., 1935-11-27
BUYING POWER GAINS
Times Special

MINNEAPOLIS, Nov. 27-Con-
tinued rise in wages, and a definite
break during the third quarter of
1885 in the long uptrend of food
prices, combined to produce net
increase in the actual buying power
of the average American family, ac-
cording to the Family Buying Power
Index issued today by the North
western National Life Insurance Co.
The Indianapolis times., 1935-11-27
FRUITS AND VEGETABLES

CHICAGO Nov 7-Apnles-Mlchiesn
oushel, Mcintosh Sl25Gi5o Carrots
Illinois bushe 3oc Sweet potatoes-Ten-
nessee hushe, s5de e0c Beans-Florida
ousheL, s2N rs. Cabbaee-60- -7o-lb. crates
75d90c Pess-California bnshel hsmn-
ers: s325G3s5. Tomatoes-Florida lues.
75sd4. Spinsch-Illinois hushel. s5c a 81
Lsttuce--Western crates S doz s37SG
SIS. CucumberS-Florida bushel PISA
3Ao: Celery-Michigan crates. 5oG eoc
Cauinower-N York crates. 81 i75H225
Onton market f5o-l5 sscksl-western
Nslencias, slo5; Illinois veilows. T5cN 81
western whites 81: Michigan ve,oys q0r
Indiana yeloHs, 7scGss; unclassifed SO
The Indianapolis times., 1935-11-27
ROAD SHOWS GAIN

7 TWFS ! NptCIuT
ST. PAUL, MINI, Nov 27-The
Northern Pacific Railroad has re-
ported net operating income for Oc-
tober o fS1.961032, an increase Of
S1.O2,6e3 over income in the same
1884 month. For the first 10 months
of this year net operating income
was S5.234.4S6, or S10SS.372 less than
in the first 10 months Of last year.
The Indianapolis times., 1935-11-27
SHEEP AND LAMBS
Other livestock
lBy United Pressl

FORT WAYNE, Nov. 27.-Eogs-10c
higher; l60-lso lbs, s975; 10000 .bs.,
2402so lbs, So AS 2s0-300 lbs. 50 40 800
$50 lbs. s9.25; 14o-l6o lbs. $3.50; l2o-
l4o lbs, s9.25; l00-l20 lbs, SO;
Toughs. So: .stags. s6.25. Calves-s11.5 so.
Lambs-sl0.75
BY Times SpeciaD
LOUISVILLE. Nov 27.-Cattle Re
ceipts. $50; salable supply slaughter cat
tie light; market generally steady; bulk
common to medium steers and heifers.
s5.25a Is; common dairybreds down to
around s4.75; better finished steers and
heifers. absent; early quotable up 10
around $40; bulk beef cows, 81: s525:
GOOD heifer types to around s5.75; low
cutters and cutters. s3256375: sausage
bulls mainly $3.50 down; stockers and
feeders unchancsd. Calves-Receipts, $50:
market steady 10 SOC higher: advance on
better Grades. most good to choice veal
ers Sc 50 10 so; medium and lower grades
ss down. Hogs-Receipts 500: market. l5c
hleher: l60-220 lbs 50 TO 225-250 lbs
g $; 255-300 lbs. $40; 3o5 lbs up. So
100 l55 ,hs., $3.50; sows. s725. Sheep-Re-
CENTS 100 supply very light: market gen.
orally steady: most medium TO good ma
tie lsnhs ss@e. 50; choice ouotahle to
around SO: palmer grade nstiva lambs.
INCLUDING bucks mostly s650Gs.50: light
culls dovr TO $3.50 or less; bulk fat
ewes, $3.50 down
The Indianapolis times., 1935-11-27

heavy as Europe's. But 1t would
be a very great mistake to put too
much emphasis as an investment
factor on this movement Of Eu-
ropean funds here.
First of all, Europe, to far
greater extent than ourselves, is
threatened by war. There is scarce
ly a country which has not felt the
imminent menace of war in the
last year. What is more, many of
them face internal troubles of all
sorts. Upheavals may come at any
moment.
TN the last 10 years what might
l. be called wise money-the funds
of large investors in Europe with
facilities for watching events and
their play upon inVestment-has
been moving frequently across from
tiers. 1t came to us from 1927 to
the summer of 1929 in great guam
titles. Not the good investments
here, but the high rates in the
call money market brought hun
dreds of millions to Wall Street.
l recall then the flow Of funds
here was cited as a sign of sound
investment. Yet investment was
never so unsound, since most of
those who invested lost their shirts.
In the submmer of 1929 it began
to flow back because the wise Euro
pean money manager saw the sign
of squalls which our own f1nan-
ciers ignored. But in the years
since money has flowed first from
England to France, then from
France to America, then from
America to England and then back
again and so on endlessly
1t is coming this way now for
two reasons. First, the gold bloc
countries are losing money to us
and to others Gold has flowed to
us on an enormous scale Sec
ondly, Europe is a powder maga-
zine and a lot of money which is
satisfied with low interest rates ana
asks for safety yield is pouring into
this country.
% q
INQUIRY seems to indicate that
Il it is going not into stocks but
into bonds and only the best grade
of bonds-the kind that were good
all through the depression.
I call attention to this because
constantly this phenomenon has
been used by those with stocks to
sell. And the number is increas-
ing Everywhere we learn" of the
coming bull market, how to make
money on stocks, 10 grade A stocks
for the rise. how long will the bull
market last and so on.
There are many good sound in
vestments for the man who can
not afford to speculate. There are
no good speculations for the man
who does not make a business Of
speculation People may be urged
to remember the warnings of 1924
and 1925 But I fear they will not.
Copyright. 1885 NEA Service, Inc,
The Indianapolis times., 1935-11-27
Trends
Foreign Investment
Finds It's Way
to L. S.
by JOHN T. FLYNN

NEW YORK, Nov. 27.-A very
y large amount Of European
investment IS finding its way to
our shores. So often this increase
of European investment in the
United States is taken as an i'm
portant barometer reading. The
European investor is the canniest
at his trade in the world. If he is
sending his money here it is be-
The Indianapolis times., 1935-11-27

cause ne believes
that this is the
safest place in
the world for it.
II Is entirely
possible t h a t
this is true. Aft
er all, We have
what almost no
European coun-
try has-bound-
less resources, an
immense gol d
reserve and, our
tax burden is
s till on the
whole, not as
The Indianapolis times., 1935-11-27
Local Securities

because quotations on local securities
are unlisted on an Exchange. The Times
can not assume responsibility for the ac-
curacy of these figures gathered from local
hrok
The Indianapolis times., 1935-11-27
SEC SETS NEW
REQUIREMENTS
FOR UTILITIES
Holding Firms Must File
Further Information
Before Board.
BIZ Unifcd Press

BIZ United Press
WASHINGTON, Nov. 27.-Au
major financial deals of public utn-
ity holding companies will be sub
jected TO strict Federal control un-
der new rules for the industry laid
down today by the Securities and
Exchange Commission.
Despite an apparent general court
fight against the law, which becomes
effective Dec. l. the SEC went ahead
with its plans to govern the industry.
The latest government step is the
PRONUNCIATION of three new forms to
be filed out by utility holding COM
panies giving further pertinent in
formation relating to their affairs:
Detailed Information Sought
l. Companies are to file informa-
tion TO enable the commission 10
determine whether or not the
securities they plan to issue are
/ adapted to the Company's financial
structure. its earning power and
/ C41ASACllG OptI dlIOIl VI lIle business.
2. Companies are required TO sub
nit information describing secur-
tiles they plan to acquire and facts
showing the effect of the acquisition
on their capital structure.
3. Information must be supplied
on prospective new assets to be
acquired.
Industry Continues Opposition
These rules were in addition to
those promulgated over the week
end detailing the type of investments
that utility holding companies may
make
Meanwhile. the industry continued
to show its opposition to the pending
control. All leading companies either
have ignored SEC demands that
they register their companies or are
seeking injunctions against enforce
ment of the act when it becomes
effective.
Only two companies, a small New
York state concern, and the Mon
tana-Dakota Utilities Co of Mime
apolis have signifed their intention
to date to register. The latter re-
served its constitutional right" in
registering
The Indianapolis times., 1935-11-27
Chicago Grain Futures
tBy James E. Bennett g. Coz
LOCAL CASH MARKET

CITY grain elevators s:e paying SO cents
for No. soft Taest. Other grades on
their merits. Cash corn new No. 4 yellow
Z. cents and oats 20 cents.
The Indianapolis times., 1935-11-27
RONnS
Unlisted Stocks

ley Blyth & CO..
NEW YORK BANK STOCKS
The Indianapolis times., 1935-11-27
NeU York Curb
by ABBOTT, Proctor g. Painel
Dividends Declared

Dividend rates are given in dollars and
cents unless stated otherwise.
The Nome daily nugget., 1935-08-05
The Washington Newsletter
(Continued From Page Two)

Continued From Page Two)
 comments the enactment of this pro- posed legislation and the Bureau of the Budget advises that it should be considered as in accord with the fin ancial program of the President.
 While the Norbeck bill limits pen sions to Indians over 70 years of age, the bill introduced by the Dele
The Nome daily nugget., 1935-08-05

instances so that work can be start ed and expenditures incurred as soon as the city has officially accepted the agreement, without having to wait until it has been returned to the PWA as has been the case here tofore.