davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-09
GRAIN VALUES FALL
ON WEATHER NEWS
UnfavorabIe Reports Bring
Liquidation at Pits.
By United Press

By United Press
CHICAGO, April 9. - Scattered
liquidation of grain futures on the
Board Of Trade was. encouraged to-
day by uncertain weather condi-
tons in the Southwest.
At the start wheat was off 4 to
s. cent, corn was off Il to g cent,
oats were Il cent lower to 4 cent
higher and rye remained I'M
changed.
There also was evidence of some
influence from Liverpool where the
market opened higher, but fell back
as the trading progressed. Bartlett
Frazier Sc Co.'S Liverpool Office
cabled that the demand was not
sufficient to sustain the advance.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-09
NET EARNINGS DIP

NEW YORK, April 9.-Net earn
ings of the American Water Works
and Electric Co. for the year end
ed Feb. 2e. 1885, were equivalent,
after payment Of preferred divi-
dendS, to 90 cents a share on COM
mon stock. compared with $135 a
share for the same period Of 1888,
it was announced to by.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-09
SHORT INTEREST GAINS
TimesspeciaI

NEW YORK. April e.-Short in
terest in listed stocks on the New
York Exchange during March
showed an increase OF 1875 shares.
it was learned today. Total short
interest on March % was 760.6T8
shares. against 74i.5l3 shares on
Feb. q.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-09
HORN TRANSFERRED

The Canadian Pacific Railway
and Steamship Lines announced to-
day that Robert Horn Of the local
Office has been transferred to Gin
cinnati as chief clerk. He has been
succeeded by Z. w. Mounts.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-09
Wall St.
Impartial Probe of
Banking Viewed
Desirable.
BY RALPH MISUNDERSTOOD
Times Special Writer

NEW YORK. April 9.-An I'M
~ partial investigation Of the
banking situation. as has been sug-
eested by the New York State
Chamber Of Commerce. would seem
TO be highly desirable at this time.
The purpose Of the search would
be to revamp the business along
stable and modern lines. 1t would
10 advisable. too, If the bankers
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-09


themselves Gre
ated a perman-
ent organization
TO make studies
Of business needs
and methods Of
improving t h e
technique Of the
profession.
II should be
quite obvious TO
those who have
given any serious
thought TO the
m after { h a I
b king has
J,r~o.4 cartOflclV
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-09


behind business in discovering new
methods of handling its affairs and
in perfecting old ones. They have
felt the need for laboratories where
earnest efforts could be made TO
develop new ideas for better serV-
ice.
The investigation by the Senate
Banking Committee served useful
purpose in that it resulted IN Ger
tain needed reforms. But this was
offset TO a very large extent by the
distrust of banking generally that
il created. It threw the light OF
publicity on a few bankers who
had put over questionable deals
and left the impression that these
few were but a sample Of bankers
generally.
nut it was not sufficiently con-
ID structive to serve the long
term needs of the nation, which
are for a system which can func-
ton efficiently under any and all
circumstances. Banks played an
important part in the speculative
excuses which helped to bring on
the subsequent depression, but we
have no assurance that the same
thing will not be repeated in Vlr-
tually the same way. No really
fundamental weakness has been
eliminated.
It would be extremely difficult to
prove that bankers are more
crooked than are other men. But
the very nature of their business
tends to make them backward.
They abhore new methods of doing
business because it brings confusion
and leads to new problems and I'M
certainties. But general business
thrives on the development of new
products and of new ways OF pro-
duction. Our rapid industrial
growth consequently has left the
banking business far in the rear.
ONCE bankers have discouraged
- initiative, we got such improve
ments and betterments in the bust
ness as We have had almost entire
w through the reform efforts OF
politicians. And the reform legis-
lation all 100 frequently has been
enacted hurriedly and without
careful study. Most of it has had
as its purpose the prevention OF
practices which could be continued
in another way. We have prided
ourselves on having repaid our
banking fences on many occasions
only to find in the next emergency
that they will not hold.
The ultimate result of the atti-
tude of bankers generally is quite
likely to be either government
ownership and operation or super
vision by a commission. Neither
is desirable from an efficiency point
of view. 1t is not certain that
they would bring about greater
degree of honesty in banking, and
either would be likely To make the
business less virile.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-09
Sets of Figures
About Cost of LiUing;;
All Cite Present Pinch
Half Dozen Different Departments of Government Collect
and Prepare Data: Same Number of Private
Organizations in Field

BY RUTH FINNEY
Times Special Writer

WASHINGTON April 9Tryng to find the relationship
between living like a
exactly Half different depart
collect figures the living
half private organizations No OF
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-09
Burroughs ADDING MACHINE wa

bUA OUt5A4o zAUOl4L15 4FActOAI441O WeIo
incorporated in 1905 in Michigan.
The capital stock is listed on the
New York and Detroit Stock Ex-
changes. At a current price of
around 14A it sells to yield nearly
Az per cent and for % times 1884
earnings.
(All Rights Reserved. winchester Institute
of Finance. Winchester. Mass.).
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-09

WASHINGTON, April 9.-Government
expenses and receipts for the current
fiscal year to April s. compared with the
corresponding period of the previous fiscal
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-09
Many Blind Spots

The bureaus figures include no
report on railroad workers, nothing
on the construction industry, or on
recreation, amusement and various
other service trades. Some of the
reports include in its analyses lump
executives and salaried employees
with workers, further distorting the
final picture.
Bear in mind all these cautions
and qualifications as you read the
following figures, and bear in mind
also that Bureau of Labor Statistics
figures are used to greater or less
extent by most of the Nther govern
ment departments 1no ONE of the
private flgure-collecting agencies.
Now for the cost of living.
In the current issue of Monthly
Labor Review, Witt Bowden of the
bureau quotes a cost-o f-living ano
per capita wage table in which 1882
figures are used as basic 100. II
indicates that the cost of living last
November was 1912, while pei
capita weekly earnings stood at 107.e
in manufacturing industries and
1914 in manufacturing and Is non
manufacturing industries combined
Mr.. Bowden emphasizes, however
that "for many individuals anC
groups of workers, earnings declined
in terms of the cost of living"
Prices have gone up since Novem'
Der, but this table has not beer
brought up to date. The bureau esti-
mates that food prices have in
creased 81 per cent since November
however, and if other prices re-
manned steady this would mean g
rise of 19 per cent in the cost of liv-
ing since November. But these fig.
ures are calculated from a 1913 base
and therefore are not comparable
with the Bowden statistics. The
bureaus figures show that in No.
vember the cost of living was 1889
figuring from 1913 as 100.
The National Industrial Confer
ence Board reports the situation this
way. The cost of living, according
to its figures, was So higher in jan
uary than a year ago, 10.7 per cent
higher thai in January, 1888, and
1873 per cent lower than in January
1929.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-09
LOCAL CASE MARKET

City grain elevators are paying IS cents
for No soft red wheat. Other GRADES
on their merits. Cash corn 90. . yellow.
% cents. and oats ~ esrsSs
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-09
Money and Exchange
INDIANAPOLIS STATEMENT
TREASURY STATEMENT

Clearings Observation-Disclosures 50. 1928. 900
Debts OBSERVATION-DISCLOSURES. 4.737, 000l
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-09
". Y. Bonds

U. S. GOVERNMENT BONDS
by Abbott. Proctor & Painel
Libertys
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-09
What Does 1t Mean?

Bank Rdte-This is the rate at ichch foreign central
banking institutions stand ready to discount or pur-
chase certain classes of bills
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-09

LSuISS dIe dllAe.
The governments Bureau of
Labor Statistics, which does the
most thorough job. adds to the con-
fusion by using different bases for
calculating wholesale and retail
prices. Its cost-of- living index is
based on studies made in 1918. It's
family budget data are now being
revised, but the bureau itself warns
against placing too much reliance
on any cost-of-living index in de-
termining what wages should be.
1t balances its cost-of living fig
ures against per capita weekly
earnings of workers, but here again
it calls attention to the inadequacy
of its figures. Most of the important
manufacturing industries report to
the bureau, as do most of the more
important manufacturing in
dustries, but of this last group the
bureau warns that conditions are
often so variable and diverse as to
make impracticable the collecting
of completely adequate informa-
tion."
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-09
Stock Studies

The Burroughs Adding Machine
Co. has been leading manufac-
turer for nearly half a century of
Office labor saving devices. Today
it is our largest producer of add
ing machines, bookkeeping and
billing machines.
The company's principal plants
are located near Detroit, while a
subsidiary manufactures in England.
The firm maintains about 500 serv-
ice departments in 100 cities of this
country, as we'll as in many foreign
cities. Most of the company's prod
ucts are well protected by patents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-09

TOmOrOw-llriees and POIities.
The Daily Alaska empire., 1935-04-02

a million dollars.l Two hundred and fifty thousand of this amount are in improvements on the com pa1ly's air lines. Another hundred and fifty thousand dollars is in vested in flying equipment while more than fifty thousand dollars has been spent in shop equipment.
 Experienced Personnel
 All pilots flying with Pacific Alaska Airways are thoroughly ex- perienced with a minimum of 5000 hours of flying time and at least five years experience in flying in Alaska. They are familiar with all sections of the Territory and have flown in varied weather con- ditions, on pontoon, wheels and skis, MT Peck said today.
 Almost record in aviation op- erations, during these many miles of flying not member of the per- sonnel Of the company or a pas senger has been injured in the performance of mail schedules and
The Daily Alaska empire., 1935-04-02
verE. vorEs VOTE,

Polls close tonight at T o'clock. Don't forget to vote. '
The Daily Alaska empire., 1935-04-02
FRICTION RETURNS

Special election returns at the Capital Beer Parlors tonight. adv.
The Daily Alaska empire., 1935-04-02

H. not pound of mail has been lost, he said. ss' ss-
 In addition to six pilots, the company has an operations man ager, division engineer, three field managers, two co-pilots. seven radio operators, ten mechanics and four traffic men, making total of thirty-four on the staff of Pa cific Alaska Airways, subsidiary of Pan American Airways.
 From Novemper l until May 3l, a number of mail routes are op- erated by the company under Star Route contracts, two round trips a week between Fairbanks and Nome; one round trip a week between Fairbanks and Bethel; one round trip a week between McGrath and Fiat and one round trip a week between Fairbanks and Livengood. These mail schedules have now been operated for three years at 99 per cent performance in com .pleting schedules, Mir Peck said During this time no personnel or passengers have been injured in the performance of mail schedules and not a pound of mail has been lost. he. said. ,.s.5 o,,s,ssg,.l
The Daily Alaska empire., 1935-04-02

operations of this air service. The
 establishment of this airport and
 the arrival and departure of these great, air carriers day in and day out will concIusiveIy prove to the Government that no more favored site, protected by barriers of high mountain ranges, upon the ocean shore and yet distant from it, ac- cessible to all the conveniences of a modern city, exists on the shores of the Pacific for the establish meHt of such defenses as may be necessary to deter any attack that might be calculated to disturb the peace and quiet either of our country or of its sister nation, Canada. Il will call to the Gov efhment's attention the feasibility and sadvisAbility of establishing in this Immediate vicinity an aero plane base. adequate to defend not only Alaska, but also the Pacific ANOl tiiWCSt 0IdLcS.
 "Ce4nmercially our entire Nation will benefft by the sure growth
 Ad deyglopmAnt that this air serv- ice win bring. to Alaska. Through the use of this route Washington and New York win be brought into closer contact with the other capitals and markets of the world, and from points throughout Europe and Asia we shan see people, goods, and mail passing overhead bound for Washington and New York to conduct commercial and other ac- tiv.ties that are necessary for the worlds prosperity. 1
 own. Tefiito. y, and Nation will all benefit by the vision of Lyman s. Peck, and by the courageous venture of his. companies, Pacific Alaska Airways and Pan-American Ailways. in the establishment of this vast far flung air Service. Con- fldent that their great endeavor will justify his vision, I extend to them the. sfncerest thanks and warmest Congratulations of the Ju- reau Chamber of Commerce"
The Daily Alaska empire., 1935-04-02

Continued tom Page cne)
The Daily Alaska empire., 1935-04-02
, AMERICANS MAY BE FREED
 SPY CHARGES
French Prosecutor Makes Special Recommen-@
 dation at Trial

PARIS, April 2-Public Prosecu tor Hamel has asked exemption ol MT. and Mrs. Robert Gordon Switz, two Americans, from sentences as spies to recompense having disclos- ed the workings of spy ring, with which they are alleged to have been connected.
 The two Americans were expect ed to be convicted of espionage on the basis of their confessions but Hamel's plea is expected to result in their immediate liberation after the trial with a verdict of "abso- lution."
The Daily Alaska empire., 1935-04-02

Empire Classified Ads Pay.
The Daily Alaska empire., 1935-04-02
 { Alaska in
 Short Time
Splendid Record of Accom- plishments Shown
 During Operation

Continued from Page one)
The Daily Alaska empire., 1935-04-02
BOWLES, PLUMBING
 EXECUTIVE, TRAVELS

Jess c. Bowles, head of the Bowles Plumbing Supply Company of Seattle, is a through passenger from the Puget Sound city to Sew ard on the Alaska. He plans to stop here on his southbound return trip.
The Daily Alaska empire., 1935-04-02
MAURICE MORENO IS
 BOUND FOR INTERIOR

Maurice Moreinu, oIdtiner of the interior, who has travelled all over the United States since January l, is aboard the steamer Alaska, re- turning to Mt Mckinley Park where he is engaged in general merchandise business.
The Daily Alaska empire., 1935-04-02
DIR. MURRAY LEAVES

Dr Vance B. Murray, medical director with the Bureau of In- dian Affairs, left Juneau perma- nantly yesterday when he departed as passenger on the s0uthbound Yukon for Seattle. From there he is to proceed to Washington, D. C., where he win take up new duties with his organization.
The Daily Alaska empire., 1935-04-02
CAPT. M'KECHNIE TRAVELS

Capt Larrie H. McKeehnie left for Seattle on the Yukon. The for mer Juneau Ferry and Navigation Company pilot will bring up a barge for the Alaska, Juneau Gold Mining Company. as,
The Daily Alaska empire., 1935-04-02
GEORGE ON YUKON

Leaving yesterday for a short business trip, T. l., George, Ju- neau merchant. is travelling to Se- attle on the Yukon.
The Daily Alaska empire., 1935-04-02

MY LOW LiqUoR PRICES are stiil m erect at THE TOTEM GROCERY. -adv.
The Daily Alaska empire., 1935-04-02
ELECTION RETURNS

Special election returns at the Capital Beer Parlors tonight. adv.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-07
NAILS PROTEST
COURT RULING
New York Judges Remarks
About German Flag
Brings Complaint.

By United Press
WASHINGTON, Sept. 7.-Gray-
haired, bustling DR.. Hans Luther
hurried to the State Department
today with the verbal protest of the
German government regarding the
words of a New York magistrate
likening the Nazi flag to a pirate
banner.
The remarks on the German en-
blem were delivered from the bench
by Magistrate Louis Brodsky yester-
day in setting free five persons
charged with bringing anti-Nazi
feeling to the fighting point by bat
Ting police, tearing the flag from
the deck of the giant liner Bremen
in New York harbor and throwing
it into the water.
Germany at that time protested to
the United States, but not with the
speed that the ambassador displayed
in visiting Cordell Hull, Secretary
of State, this afternoon. He waited
Is minutes in the diplomatic ante
room before being greeted cordially
by the Secretary.
Then, acting on instructions from
the German government, Herr Lu-
Their lodged formal protest with
the department over the language
used by Judge Brodsky in COM
pairing the Nazi banner with a pi-
rate flag. Herr Luther declined to
say what response his protest
brought from Mr.. Hull.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-07
Pope Pleads for Peace
Copyright. 1885. by United Press

tCopyrlght. 1885. by United Press)
VATICAN CITY, Sept. Pope
Plus XXI in an earnest plea for
peace today in speech to 5000 Ro-
man Catholic war veterans from
Is countries assembled in st. PauTs
basilica.
In his plea the Pope drew a care
full analogy between wars of de-
Tense and wars of conquest, and he
said also that either sort of war
could be approved if it was in de-
Tense of Christian rights and treas
ureS.
But he was believed to be refer
ring directly to Fascist Italy when,
speaking soberly in French from his
elevated dais in the basilica, he
said:
I'VE desire that the aspirations,
needs and exigencies of our dear
peoples should be satisfied, but with
justice and peace"
Asks Worldwide Effort
The pontiff's speech was a plea
for a united, worldwide effort for
peace.
The entire world desires peace"
he said. I'VE are praying for
peace
Here the Pope made his reference
to Italy, and he continued:
Sins make people miserable.
Peace is preliminary condition to
all prosperity and we'll being"
Pope Plus praised the splendor Of
the faith Of the men whom he ad-
dressed. and recalled their sacrifices
in the World War There were men
in the basilica from both the World
War sides.
Former Enemies Together
After making at that point his
analogy on war. the Pope appealed
to the veterans direct:
Fight now for the honor of God
. children, fight the glorious
daily battle of Christian life D..
fight as good soldiers of Christ"
The men to whom the Pope spoke
are assembled, with their chaplainS,
on pilgrimage, principally religious
in character, which is also an effort
to bring former enemies together
and make them forget the past
through the universally of spirit Of
tile church,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-07
DELAY WAR UNTIL NEW
PEACE OFFER IS DRAWN.
LEAGUES PLEA TO ITALY
5-PoWer Commission BegS
MuSSoini to Quiet
Down.
DRAFT NEW PROPOSAL
Fear Overt Act May Touch
OFF Battle Flame at
ANY Moment.
Copyright. 1885. by United Press,


GENEVA, Sept. 7. - A
League Council subcommittee
today sent letters to Italy
and Ethiopia asking them to
refrain from hostile action
while peace efforts were being
made.
The appeal was sent by the new
committee of five nations which
represents the last League of Ma
tions hope of averting war.
Salvador de Madariaga, Spanish
chairman of the committee, ex-
planned:
I'VE are going to ask Italy and
Ethiopia not to make so much noise
that we can not hear ourselves. The
letter, signed by me, will ask both
governments to do nothing to COM
plicate our task"
But actually the appeal is direct
to Benito MuSsolini, defying the
League and the world to stop him
in his ambition to conquer Ethiopia.
1t is on MuSsolini alone that the
success of the plea hinges. The
Ethiopian rains, according to latest
predictions, may not end until early
October, but League leaders fear
each day to hear of some overt act
that would make war certain.
The committee is working on a
plan to make a new offer to Italy
of economic and commercial con-
ceSSionS in Ethiopia, perhaps linked
up with an international occupation
force in which ItalyS army would
be predominant.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-07
BUYING
LIFTS STOCKS
Orders Pour in From All
Parts of Country;
Ticker Lays.
BY ELMER G. WALLER
United Press Financial Editor

NEW YORK, Sept. 7.-Stocks to-
day advanced fractions to more
than point in one of the heaviest
Saturday sessions of the year.
President Roosevelt's statement
that business was to experience a
breathing spell" from government
experimentation, was the incentive
for new buying. Orders came from
all over the country and at the
opening today specialists grouped
them into blocks of 1000 to 10000
shares, the largest in Radio Corp.
Railroad shares were heavily
traded, and so were motors. Blocks
of 5000 to 1000 shares came out in
New York Central and General Mo-
tors. Utilities had heavy turnover
with Columbia Gas featuring with
a block of $500 shares. Volume in
creased until tickers Jagged several
minutes in the first half-hour, de-
spite close abbreviation of quota
tons.
Sales volume of approximately
1 100000 proved the most active Sat-
urday session since Feb. 10, 1884,
and compared with 100000 shares
last Saturday. Curb sales were 221,-
900 shares compared with 10000
last Saturday. The Dow, Jones in
dustrial average rose Ill to new
high since 1881 at 1896 The rail-
road average was up %, at $685.,
and the utility average up .35, at
26.70.
After the first bust of activity and
strength the market ran into profit
Turn to Page 14)
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-07
City Officials See Auditorium as
Path to Commercial Recovery

money spent for worthwhile prof.
ects that will re-employ able
bodied men no won relief rolls,
Marion County Commissioners
have submitted a proposal for a
S2,500,000 municipal auditorium to
the Public Works Administration
AS yet. the plans for municipal
auditorium are little more than
ideas. The county took over the
proposal when it was learned that
the city had reached its limit of
bonded Indebtedness.
To many public officials, the
project is directly in line with the
spirit of the large government
work program.
Many local men, carpenters, IRON
Turn to Page Three
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-07
DROPPING TOO LOW,
HE PUTS BLANKET ON
AERIAL PEEP SHOW

By United Press
NEW YORK, Sept. &c. R.
Smith, president of American Air
lines, has discovered why planes
on the Cincinnati-I indianapolis
Chicago route dip down over
Roselawn, Ind. AS a result an
order has been issued against the
practice.
Mr.. Smith, it developed this af-
ternoon, was a passenger on
plane recently and noted the sud-
den descent as we'll as the eager
scrutiny applied to the earth by
other passengers. One man even
had field glasses.
Mr.. Smith later summoned Pilot
Joe Westover to explanation.
"Nudist camp" Pilot WeStover
said.