davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-07
FOOD MACHINERY CORP.
EARNINGS UP SHARPLY
Net profit for Fiscal Year Ended
Sept. 80 Totals S1,025,037.


NEW YORK, Dec. Met profit
of the Food Machinery Corp. for the
fiscal year ended Sept. 80 amounted
to $1,025.o37 after providing for
Federal income taxes, but before de-
duction of preferred dividends, the
company report revealed today.
This is after writing off all de-
velopment expenses and setting up
the usual reserve for depreciation,
inventory obsolescense and adjust
ment of bad debt reserves.
The net profit is equivalent, aft
er payment of preferred dividends,
TO SSH share on the average num-
Der of shares of common stock out
standing during the year ended
Sept. 80. Net profit in the preced-
ing period ended Sept. 80, 1884,
totaled S435,412.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-07
BANK CLEARINGS RISE
% Leading Cities in u. S. Report
Total of S5,441,745,0O0.
TimeS SnPcinl

L t"tS cptCtut
NEW YORK, Dec. Bank
clearings reported by % leading
cities in the United States during
the week ended Dec. amounted to
s5.441.745 900. compared with S4,511,-
624000 a year ago, an increase of
206 per cent. Dun & Bradstreet,
Inc. announced today.
Sharp increases were noted at
several of the outside centers espe-
cially at Boston, Philadelphia, Bal
timore. Cleveland, Chicago, Detroit
and Cincinnati. Clearing in New
York City during the week showed
an increase of 1873 per cent, while
centers outside of New York gained
1913 per cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-07
RAIL ISSUES OFFERED
Virginian Railway Co. Places 100, 900
Shares on Market.
Times Special

CHICAGO, Dec. THE Virginian
Railway Co. is offering an issue of
100000 shares of its per cent
cumulative preferred stock of s100
par value, it was learned today. The
issue is being offered at SIP
through syndicate headed by
Brown. Hartman a. Co.
Termination of a 1919 stock list
trust agreement, under which all
preferred and 30 per cent of COM
mon stock deposited resulted in the
Offering which is the first made to
the public of this carriers preferred
shares. The transaction does not
represent new financing.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-07
Busigruphs

Stocks of manufactured goods on
hand in September of this year
were nearly 3 per cent less than a
year ago. This favorable condi-
ton existed in spite of the fact
that our factories are producing
more goods. This means that most
goods being manufactured are going
directly into consumption. The
largest drop during the last year
was in paper and newsprint, with
stocks 81 per cent less. The decrease
in stocks of manufactured foods
products was 49, per cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-07
CRUDE OUTPUT RISES

L tMeS Specfht
NEW YORK. Dec. daily av-
erage crude oil production during
the last week continued to run far
ahead of the comparable time a
year ago, it was reported today.
California and Louisiana displayed
the largest increase.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-07
WARNS AGAINST
HASTY PAY0FF
OF BANK DEBTS
Jesse Jones Says Capital
Deposits Ratio Barely in
Safety Limit.
Bu United Press

WASHINGTON, Dec. Jesse H.
Jones, chairman of the Reconstruc-
ton Finance Corp, today warned all
state and national banks that tee
ratio of capital to deposits is barely
within safety limits and cautioned
against precipitate liquidation of
their debts to the government.
The warning was contained in a
statement by Mr.. Jones which was
interpreted as an indirect reply to a
speech by Leo T. Crowley, head Of
the Federal Deposit Insurance Corp,
to the American Bankers ASSocia-
ton in New Orleans. Mr.. Crowley
urged banks TO repay their obliga-
tions to RFC as soon as prac-
ticable"
AS conditions improve, Mr.. Jones
said, money will again seek invest
ment in bank stocks and many
banks will want to place some CT
their government-owned capital
with private investors.
Shouiu DE ANo hurry
"The RFC will cooperate with
banks to that end" the statement
said, but there is, and should be,
no hurry"
While it is recognized that re-
covery has substantially improved
values, the RFC does not want to
do anything that would encourage
further liquidation in the slower and
more frozen assets of banks, or pre-
vent lenient treatment of borrowers
who are relying upon this character
of assets for payment of their
debts"
Then, Mr.. Jones marned:
THE ratio of bank capital to de-
posits is none too high for Safety.
Excess reserves and unemp oyed
funds should not be confused with
excess capital. and do not neces-
sarily mean a properly capitalized
bank"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-07
Produce Markets

The prices quoted below are paid for
stock gathered in the country, while de-
livered in Indianapolis the price will be a
cent higher Heavy breed hens Ice: Leg
horn breed hens, lac: springers. over Ala
lbs, lie; under 4i2 lbs Ice. old cocks &C.
Leghorn springers, Ia lbs and up. lac
Turkeys-Young. hens lbs and up. ice:
toms, IL 20 Is lbs. l9c; over Is lbs. lsc
old toms. lac. Ducks-White AZ lbs. and
UP. ioc: geese. 10 lbs. fun feathered and
fst. Sc: old guineas. l5c: yourg guiness.
"a lbs. and up. 25c No. ! strictly fresh
eggs. loss on Csc; pullet eggs. iSc. Each
Iull case must weigh SIS lbs. gross, a de-
duction OF l0c a pound under SIS lbs will
oe MADE; No. butter. 36l3 G37lsc; No. 2.
yys3 so,sc: butterfat sic. Quoted by the
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-07
RETAIL TRADE NEAR PEAK

MtS SpSCtNt
CHICAGO, Dec. with indica-
tons of the best Christmas buying
season since 1880, retail business
here last week was almost at its
peak for the current year, according
to report today by the Chicago
Association of Commerce.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-07
DIVIDEND is DECLARED

I EWBS SU6clnI
HAGERSTOWN. Ind, Dec. T.
Directors of the Perfect Circle Co.
have declared a regular quarterly
dividend of so cents on 162.5OO
shares of stock outstanding, payable
Jan. l, 1886, to holders of record
Dec. II, it was announced today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-07
Local Securities

Reprinted From Late Times Yesterday,
because quotations on local securities
are unlisted on an Exchange, The Times
can not assume responsibility for the &C
curacy OF these figures gathered from local
hrnkerx
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-07
LOCAL Cash mARKrr

City grain elevators are paying 81 cents
fos No. soft wheat. Other grades on
their merits. Cash corn new No. & yellow
IS cents and oats 10 cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-07
SHEEP AND LAMBS

Lambs. 80 lbs. down, good and
choice >............... s10.509lI so
Medium ...:................. s75g1o.S0
Ewes
lsO-l25, Good and choice. 1850 s25
AL weights common and me-
dunn .,..-...-... $3.50 Ats
ti20-l50l Good and choice :. 325I 125
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-07
Local Livestock

(Reprinted From Late Times Yesterday
Imperial Valley press., 1935-04-20
Building And Loan
Adopts NeuU Policy

AT a meeting of the board of di-
rectors of the Imperial Valley
Building and Loan association held
last night it was voted to institute
a new loan policy. Loans for
building, undermining, and refin-
ancing will be made without fees
of any kind; no office fee, no
agents commission, and no ap-
praisal charge. Interest will be re-
duced monthly at current rates.
This, according to j. S. Jones,
secretary, will make available to
home owners and prospective home
owners. funds at minimum cost,
and in an absolute minimum of
time.
"This new policy is right in line
with the efforts of the local hous-
ing committee to stimulate build
ing and improvement of homes
here" Jones said. "Since the in
surance of the accounts of our in
yestors with the federal savings
and loan insurance corporation is
now in effect, the association will
have ample funds to take care of
local demands without delay"
Imperial Valley press., 1935-04-20
WIDOW
GIVEN AWARD

LOS ANGELES, April 80. U.P)-
Geraldine Mae Lee, 24-year-old
widow of Don Lee, automobile mag
nate, was awarded $500 monthly al
lowance today in her fight for
widows share of the $1,500,000 Lee
estate.
Superior Judge Walton j. Wood
ordered that the allowance be con-
tinued until a final partition of the
estate Is made. His ruling was con-
strued as valuation of the Lees ,
Mexican marriage which had been
challenged by Lees son and sole
beneficiary under his will, Thomas
S. Lee.
Commenting on the marriage,
solemnized at Tijuana just three
months before Lee died last fall,
Judge Wood said:
"Surely the marriage relation Is
not one that should be lightly set
aside by technical or unreason-
able Interpretation of the law"
The court also brushed aside
young Lee IS claim that q prenuptial
agreement in which his step-mother
waived all claims to the estate
should be sustained. Judge Wood
condemned the agreement as
"against public policy and one
that he held "illegal and void.o
Imperial Valley press., 1935-04-20
Jasper Women
Hosts To Border
Rotary Members

Jasper home, department mem
bers were hoStesses last night to the
farm center members and those of
the Calexico Rotary club and their
wives, entertaining them at de-
ncious dinner served in the Jasper
school,
The school buildings and the
tables were prettily decorated with
flowers for the occasion and the
women served a tempting menu.
Ralph Gray. farm center chair
man. presided and Mrs. Ira Carr,
home department chairman, ex-
tended greetings to the guests.
Miss Isabel Scaroni, accompanied
by Mrs. Vernon Rood, gave two ex-
cellent readings with the musical
background after which Mrs. G..
Kirk sang two charming songs,
Carroll Campbell playing the piano
accompaniment.
DR.. Y. w. Chan, Chinese consul
at Mexicali, was next presented
and gave a splendid talk on agri-
culture in China, describing agri-
cultural conditions there and the
methods used.
George l.. Winwright, assistant
farm advisor, discussed the dairy
improvement program, and c. O.
Hoober, farm bureau advisor, the
activities of that organization and
its program.
Leo, Watts introduced the Rotar-
ians and Rotary Annes during the
dinner hour.
Imperial Valley press., 1935-04-20
L. A. Stocks

LOS ANGELES, April 20. U.P)--
The market was higher on active
volume on the Los Angeles stock
exchange today.
Standard Oil of California led
the bullish movement, advancing
into new high ground for the year
with a gain of y to SO on 400
shares.
Chrysler Motors spurted 2ss to
1885 on 200 sales. Kinner Motors
upped 21a cents to SIS cents on 100
shares.
In the rails group. Southern Pa
cific with 500 shares sold at 1875,
up *.
A heavy buying movement in
Transamerica prompted a Il point
rise to 515. Sales in this issue were
listed at 2400. Security-First Ma
tional bank kept apace, selling at
341A, up u. Los Angeles Invest
ment advanced 10 cents to 80 cents.
Other oils: Lincoln Petroleum
600 shares, IA, up l cent; Hancock
Oil, 100, 18, up "; Consolidated
Oil, 100, 1883 unchanged.
Imperial Valley press., 1935-04-20
FIT TS PEEVED
WITH DEPUTY

LOS ANGELES. april 20. uf)-
Peeved because his star inVesti-
gator" had not confided In him,
District Attorney Buron Fits to-
day displaced Blayney Matthews
as chief detective in the reopened
investigation of the DR.. Leonard
Siever murder mystery.
Fits said he was dissatisfied
with his chief Investigators con-
duct in not reporting to him until
after he returned from Aqua CAL
iente where he discovered a revol-
yer he believes is the one used by
the romantic dentists assassin.
Taking direct charge of the in
vestigation, Fits ordered Matthews
to accompany Capt. E. c. Cross
man, ballistics expert, to Aqua CAL
iente to make a test of the wea-
pom. The gun was said to have been
found in the possession of MeXi-
can policeman.
Fits ordered a search instituted
for Marcia MCGOWAN, a dancer,
and Rutilo Galvan, whose identity
was not disclosed. He refused to
discuss their part in the investi-
CATION beyond saying they might
have certain information valuable
to the inquiry.
Imperial Valley press., 1935-04-20

POUND oH butter substitutes fa4ds
of foreign oils
Assembly committees postponed
action on bills designed 70 strength.
en- the criminal syndicalism Law
tabled bill to increase the horse
racing board membership from
three to five; recommended passage
of bill TO exempt foodstuffs from
the sales tax; voted to give San
Francisco control of the harbor;
delayed action on a measure to tax
stock and bond transfers: tabled a
bill which would have required
placing two men in each motion
picture projection booth.
Senate committees killed four 30
hour week bills; approved a 60-hour
week for domestics and nurses;
sent out without recommendation a
resolution calling for investigation
of tideland oil drilling; postponed
action on q measure to reorganize
liquor taxes and license rates; tab
led a bill to increase motor vehicle
licenses from SO to $5, and bill
to create an efficiency bureau in
the department of finance; approx
ed a measure restricting advertis-
ing of dentists.
Imperial Valley press., 1935-04-20
\ q (II'I<efls
New York Stocks

NEW YORK, April 20. U.R)-In-
dustrial and utility stock averages
were carried to new highs for the
year today as the stock market
continued its upward course begun
with broad gains on Thursday.
Dealings the first hour were at the
rate of 100000 shares for O full
day, the most active first hour of
the year.
American Telephone & Telegraph
made q new high for the year at
1l0k up 32s points. Other leaders
to make new tops included Allied
Chemical, Consolidated Gas prefer
red, Public Service of New Jersey
preferred issues, Union Carbide and
Woolworth. Gains in these stocks
ranged to more than 3 points.
A sharp pickup in steel shares
reflected indications of another lip-
turn in steel operations. The Pitts
burgh area reported a rise of 2
points in its rate.
Chrysler led the automobile Sec
tion with 2 point gain.
Sales were the largest for any
Saturday since May IL, 1884, total
ing $4,000 shares. This is on a
basis of 100000 shares for a full
five-hour session. Last Saturday
sales were 100000 shares. Curb
sales were $4,000 shares compared
with $4,000 shares last Saturday.
Dow-Jones preliminary closing
averages showed industrial 109.76,
up 1.79; railroad 30.56, up 0.55;
utility 1903, up OBS.
Imperial Valley press., 1935-04-20
Flax Market
SeUen Children
Meet Death AS
Home Is Burned

ST. EMILE, Quebec, April co.
U.H-Seven children, ranging from
three to 13 years in age, were burn
ed to death today as they clung to-
gether in the flaming ruins of their
new home.
The children, four boys and three
girls, were left alone in the house
by their father, Francois v. Rem
aud, when he went 10 miles to Que
bee City to work. They had moved
into the house last night.
Andre was the oldest of the
children and he took charge in the
absence of his father.
Antoine and GieSle, the youngest,
were hungry and crying for their
breakfast.
Andre set to work. He stuffed
paper and kindling into the stove.
Apparently, the fire was slow in
started. Neighbors later said they
believed Andre poured kerosene on
The fire to make it burn. -,
In any event, there was an ex-
plosion and within few minutes
the frame house was in flames.
Apparently the children were too
frightened to, run from the house
or the older ones attempted to fight
the flames until 1t was too late.
All were trapped inside.
Neighbors found the. bodies close
together, some with arms around
each other - 80 80.
The childrens' neither has been
in hospital for several weeks. She
was not told of the tragedy.
Imperial Valley press., 1935-04-20
L. A. Banks
Fresno Expects
Tong Warfare

FRESNO, Calf, April 20. U.P) -
Threat of a tong war in Fresnos
Chinatown was held off today when
Superior Judge H. z. Austin de-
layed sentence of Bob Lee on two
narcotic charges until April %.
Lee, leader of the Suey On tong
in Fresno and allegedly one of the
valleys largest dope distributors,
was convicted largely on the testi-
money of Ng Loon, Bing Kong
tong member. Police feared SEN
fencing of Lee would set off tong
disturbances through indemnity de-
mands on the part of the Suey Ons
A special guard continued to pa
troll Chinatown.
Imperial Valley press., 1935-04-20

Local Home EufEiafiEed - Lee
Wolfe, 569 Orange. reported to po-
lice that between and 9:15 clock
last night his home was burglar
lied. A small radio cameo ring,
a mans Elgin watch and $495 in
cash were taken from the house.
Ritz for Flowers. 1873
Bag, Clothing Stolen-The Braw-
ley police notified the sheriff IS
office that Gladstone bag con-
tanning clothing belonging to Carl
Westgard was stolen from an auto
mobile in Yuma yesterday.
Real Good Steaks-Sherwood s.
Fifth and Main. 29to
v Building Permits Issued To A.
Ruiz for a dwelling at Hope and
Orange streets, 500; and to M. Av-
alos for a dwelling in the same To-
cality $50.
DIR. A. b. Hanson, dentist. New
Professional Bldg. Phone 80. 9to
Injured In Accident-The sher-
iff's office was notified that at
2:20 O'Clock yesterday afternoon
cars driven by Les Rogers and Luis
Rios collided at the intersection of
the Dahlia and McCabe roads a
mile west of Eighth street. Rios
was taken to the county hospital
with injuries to his right arm and
leg.
Hotel California Coffee Shop -
Charcoal broiled steak dinners from
5 to 8. 26to
Perishable Shipments-Shipme
of perishables yesterday, according
to B. A. Harrigan, agricultural COM
missioner, consisted of "a cars of
carrots, one car grapefruit.
Ice Cold, Full Alcoholic strength
beer, 10c per bottle; case $2.15.
DTausFlL peeE, lull dicoiplic
strength, " gallon, 60c; it is sur
prisingly better Ell Centro Fish
Market, 799 Main. Alto
Court Judgment Given In a
judgment signed by Judge McPher-
rim this morning I. r. Mccullough
was awarded damages OF $1409.87
from W. A. Potter and sons.
Ritz for Flowers. 1873
Storage, Moving, Packing, Ship
ping. Our men are experienced in
packing and moving pianos and
household goods, around the COR
ner or to Los Angeles and San
Diego. Estimates gladly furnished.
Pioneer Truck and Transfer Co.
Phone /. tu,th, ,sat-to
Imperial Valley press., 1935-04-20
MOB STORMS
CITY HALL At
Los ANGELES

LOS ANGELES, April 20. WD -
One man was in Jail today follow
ing rowdy demonstration of 200o
persons who stormed the city hall
yesterday protesting the beating of
two goods during a recent student
"anti-war" strike.
Eugene w. Kent, who told police
he was an American" was arrest
ed on charges of disturbing the
peace when he drew a gun during
a theatre meeting that preceded the
demonstration.
Kent drew the gun during a
speech by Robert Noble, leader of
the marchers. A woman held the
weapon until police arrived and
took Kent into custody.
Noble urged the crowd to march
to Mayor Frank L. Shaw's office
and demand an audience. He read
a letter in which he protested "the
beating of students with clubs and
black jacks" and told the crowd to
follow him.
The audience toared approval
when Noble leaped from the plat
form and started for the door, fol-
lowed by the noisy marchers who
carried banners demanding free
speech" and liberty"
Many of the marchers were iden-
titled as fellow students of Flora
Turchinsky and another Los An
geles junior college coed who were
blackjacked and knocked uncon-
scious by members of a police Red
squad" which attempted to stop the
student strike on April IL.
Police stood by but they made
no effort to stop the marchers who
surged up the stairs at city hall
to Mayor Shaw's office. Shaw left
10 minutes before they arrived.
Imperial Valley press., 1935-04-20
Three Killed In
Airplane Crash

NEW YORK, April 20. U.D - A
biplane from the Jamaica seaport
crashed and burst into flames in
a Long Island marsh today, killing
three persons. Police at the scene
said the victims were burned to
death.
The dead: Charles Howell, pilot,
of Richmond Hill, Long ISLAND;
Lawrence LaGasSe of Rockaway
Beach, and Charles Chappie of
Rockaway Beach.
The plane crashed at Bay ave-
nue. and Rockaway boulevard,
Queens, about half mile from the
sea airport. 1t burst into flames
as it struck the ground.
The fruit growers association at
Placerville is installing a new cold
storage plant.
Imperial Valley press., 1935-04-20
Former Actress
Fined In Court

LOS ANGELES, April 20. W.R-
Helen Lee Worthing, former FollieS
beauty and screen actress. today
pleaded guilty to an intoxication
charge and was fined SIS in Sunrise
court.
She was arrested last night in
Venice by officers who found her
sitting on curbstone, singing to
herself.
Miss Workings stage and film
career was concluded when she
married DR.. Eugene Nelson, Los
Angeles Negro. The marriage has
been annulled since.
Imperial Valley press., 1935-04-20
.0UNTYRRIEFs

Marriage Licenses Granted--ROb-
ert Poindexter, "a, and Katharine
Wilson, %, both OF CaleXico, and
Earl Poole, 26, and Jeanne Temple
18, both of Ell Centro, were grant
ed marriage licenses at the court
house this morning.
DIR. Charlotte Braginton, physi-
clan, room 1853, Professional Build
ing. sat-to
Divorce Decree Filed - An in
terlocutory decree of divorce grant
ed to v. TaVares from Viola Ia
wares on grounds of extreme cruel
ty was filed at the county clerk S
office this morning.
Special Council Meeting The
city council met in special session
this morning for the purpose of
renewing the bond of c. G.. Nous
Seau as city clerk. This bond was
renewed and accepted by the board.
Calexic0 Establishment Robbed
The sheriff's office was notified
that the cleaning establishment of
G. G. Rambo on Third street in
Calexico was entered by burglars
last night. Ten suits of mems
clothes and number OF other ar
ticles of wearing apparel was stolen.
Imperial Valley press., 1935-04-20
PoWer And Ice Group
Enjoys Desert Picnic

A desert party was held last
night by the employees of the
Southern Sierras Power company
and the Imperial Ice and Develop
ment company. This picnic, which
was held in the sand hills south of
Holtville, was attended by over 200
employees of the associated COM
panies.
A very pleasant evening was
brought to close with the serving
of ice cream, cake, and coffee.
The party was planned and Or
ganized by q committee composed
of H. o. Mitchell, w. H. Rhodes,
and G.. H. LampkinS.
Imperial Valley press., 1935-04-20
COUNCIL To MEET

Members of the coordinating
council are reminded of the meet
ing Monday evening at 7:30 O'Clock
in the Wilson school.
Matters OF public playground
and others of a similar nature are
to be discussed and all members are
urged to be present.
Imperial Valley press., 1935-04-20

Nom Fiction
"Sutter Of California" Julian
Dana.
Health and Its Maintenance, ="
Bertha S. Dyment, M. D.
"King of the GorillaS,' Attilio
Gatti.
'Your Money and Your Life In
Surance,o Ray Giles.
"The Children IS Hour Lillian
Hellman.
"Leathercraft," Pedro LemoS.
Angling Success" Mortimer
Norton.
"The Nature of Capitalist Girls
iS, John Strachey.
Making Our Minds Behave, f"
William s. Walsh, M. D.
Imperial Valley press., 1935-04-20
BIRD NET ILLEGAL

When N. Skeidos was informed
by county officials that the use of
bird net was against the game
laws of this state, Skeidos turned
the net over to the officials to be
destroyed.
He had received the net through
the mails from friend in Greece
this morning.