davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
On Commission ROlU

Quotations below. subject to change. are
average wholesale prices being offered to
buyers BY local commission dealers.
Michigan FR Eser1ss 6S ,ss $50 Ps Peafs
Michigan BartletS. bu-. $40. Michigan
SeckleS. bu., $3.50. Cantaloupes. Honey
Dews Colorado. S., SIS. sl-25. Pllums Blue
ana s''' Round 25&soc Apples. new indi-
ana Jonathsns. bu.. Si25G i.sS; Grimes
ing. bu. Sl25: Maiden Blush. sls5: Veal
fruit. Isle OF Pine. SS75 Lines. a car
ton. rs, 2oc Persian seedleSS, per 100,
s.. California fruit; Plums. blue. red.
81 So Grapes. SsedlesS. Si.40.
sss ba'. 81! KentaeS S wOnd e ' 75c.
Ss-ts-Home Srown. doE.. CSC. Cabbage.
home grown. 5O-lb. bsg. T5c. Carrots,
home grown and Ohio, soc; new bulk,
half hu., ese. Caul;fiower: Colorado. us
ana trimmed. Jumbo. doc. SOC; medium.
dos.. 4sc; hearts. nat. $3.50. Corn. home
grown. dog iSG zoe, Cucumhers. home
SOC Lettuce. Iceberg. California, best, $S.95.
home own leaf. ls-lb. basket e5c En-.
dive Ohio. ssket coo. Manages. home
Erowt, bu... s.: small basket. Csc. Mint.
Onions. home grown. yellow, sO-lb. bag. 81:
hcUe grown white 5oc-lb bag. 81;
Iowa yellow SO-lb. bag. sl.l5; Utah Span
isl, so-l6 ssss. sISo Parsley. homs
e. s225 Pote,oes-Nev Jersey Cobblers.
loo-lh. bag $50: Michigan Round White.
l00-lb. b@e $3.50; Early OhioS, bu- 81 40.
Sweet po,Gtoes-North Carolina, Jerseys.
aes basket zoe RSIeaT5. outdoor saoz..
Zealand. 6a.. Sc. .sc,sss.. simmer ;r' White ts
5sc. Tur"'s-. nee pus.. $50; bunch. doz,.
81 -onA toe, li7me grown io-lt. S-sket.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
swine VALUES
AGAIN DECLINE
Prices Generally IS to rs
Cents Lower; VeaIS
Unchanged.

Porker prices, still depressed by
lack of buying in the fresh meat
market, turned lower at the Indian
apolis Union Stockyards today. They
were generally Is cents lower in
most divisions, and largely Is cents
off in the underwight classes.
Extremely light receipts, which
have prevailed in the last three ses-
sions, again failed as a price slim
ulant when demand showed no i'm
provement. The supply today was
estimated at $500, slight increase
over yesterdays figures. HoldoverS
numbered 312.
Surrounding livestock markets also
reported weakness due to the weak
demand. Several traders believe
that consumers are attempt
ing to force hog prices down in
line with other meats and the re-
Election is evident in the demand
for fresh pork at butcher shops.
Trading today was slow throughout
the session.
The bulk of 100 to $50 pounds
cashed in at $1160 to $11.70. Top
price held at $1175. Heavy butcher
classes, scaling $50 to $50 pounds,
brought SLIPS to $11.55. Light
pigs, ranging from 100 to
100 pounds, sold at $1,000 to SLIPS,
while others, scaling 100 to 100
pounds, cashed in at $685. to $1035.
sows held at $975 to $1,000.
With the cattle supply consist
ing largely of stocker and feeder
grades an uneven trading range de-
veloped. These classes were mac
tive and mostly unchanged Few
classes of slaughter steers were
strong to slightly higher than yes
terday. Five loads of finished steers
1410 pounds sold at $12.75.
HeiferS were scarce and I'M
changed, with few small lots to
sell under 1925. Beef COWS brought
$3.50 to Sc, while bulls sold at $5.75
down. Receipts were 900. Vealers
again were stationary. Bulk of good
and choice grades sold at $3.50 to
So Receipts numbered 900
The lamb market showed i'm
provement with trading active and
strong to slightly higher. Bulk Of
better grade eve and wether classes
sold at SO to $975. Choice brought
$40. Bucks were discounted from
so cents to ST. Slaughter sheep
sold at $3.50 to $3.50. Receipts were
200O
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
Other livestock
BY Times SpeciaD

LOUISVILLE, Sept. 7--Csttle-Receipts,
450; supply slaughter cattle moderate to
light; demand somewhat improved for
most slaughter classes; market more &C
tive; steers and heifers fully steady; beef
cows strong to Csc higher; low cutters and
cutters, l0Gl5c up; sausage bulls mostly
Csc higher early bulk commou to medium
grass steers and heifers, s4.5oq6.s0; bet
ter grassers quotable to SO and good fed
light yearlings held upwards of SO; bulk
beef cows s4a5.25; practical tor. $3.50;
only thin shelly low cutters below the
inside price; sausage bulls mostly s4.25I
5.25; odd head higher stocker and feeder
trade generally steady. Calves-Receipts.
$50. market steady; bulk good to choice
grades, ss.5od $50; medium and lower
grades, $3.50 down. Hogs-Receipts, 500;
market steady; top and bulk desirable 100
up, 5000; leO-l75 lbs. 5000; l4o-l55
lbs sl0.05: l2o-l35 lbs. So 10; sows. sel5
Sheep-Receipts, 1850 including 1850 stock
ewes; slaughter classes mostly steady; bulk
better lambs, sSn850; choice quotable to
So: palmer grades, including bucks $500
$50; light culls down to 81 or less; bulk
fat ewes. SO down: better stock ewes
mostly s7.50d9 head.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
Business Is Picking Up;
JeW'S-Harp Sales Soar
ByUnited Press

By United Press
WASHINGTON, Sept. 26.-
The world demand for Jews
harps has increased to such an
extent that Birmingham Eng
lanO manufacturers are un-
able to keep up with their or
derS, according to information
received in the Commerce De-
partment'S Specialties division.
Birmingham. it is pointed
out, is the only city in the
world where this particular
musical instrument is manu-
featured. The delay IS due to
a lack of skilled tongue settlers,
who have to be trained for sew
eral years before they are pro-
ficient.
The settlers are responsible
for the adjustment of the
metal strip that vibrateS to
produce the sound, and if this
strip is the mereSt fraction of
an inch out of adjustment, the
tone of the harp is ruined" it
was stated.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
NezO York Stocks

By United Press
NEW YORK, Sept. 26-Stock
market trading turned extremely
dull today after prices had turned
lower.
Rails and leading industrials led
the decline but regained somewhat
from the lows made in the first
hour. AtchiSon was the rail leader
and lost a point to 48, but returned
to 1875. Northern Pacific, New York
Central and Great Northern pre-
ferred had fractional losses.
Chrysler led the industrials lower
and at one time had more than a
point decline but came back to 703s
for IS loss. U. S. Steel was about
a point lower and Westinghouse had
the same loss.
Utilities generally showed frac-
tional declines.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26

-.,,.-,.--- ny Ul'teu PreSsI
CHICAGO. sep S6.-ADpnes-AIchizan
b-s.ie!. Nea.thltS 6Oal5c Carots-Ilu-
Au.4. bu2he!, 25u 35c. Sweet Potatoes
Tennessee, c.shel. S0N Csc. Beans-Iliinois
fosteOc Pea-Callfornis hushel hsmo-
en-. S2.I5sI265. Observation-Disclosures p
O. baskets. 2oG3sc. Spinach Illinois.
5ushei, -Stt sos Lettuce-WeStern. crates
opa s2g2 so. Psaches-M.chigan
pu4nel. Ioc 81 Is. Cue imberS-Michigan
olis mel. 75esl 81. Cantaloupes- Michigan.
crates sofI Use. Celery Michigan. crates.
So so Pears-Aichigan. bUShel Bart
let's si.5ofi.7S Onion markel Sob
81 ksi hi77ssota Yclicws soc. Idaho and
Utah Valencia 81; Idaho Whites. ssc.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
SEC EXTENDS
VIGILANCE ON
BOGUS STOCK
Suppression of Practice to
Be Aided by Regulation
of Unlisted Firms.
BY THOMAS l.. STOKES
Times Special Writer

WASHINGTON. Sept. 26-The
Securities and Exchange Commits
/ sion has noted a revival Of activity
by fake stock statesmen, who presum-
ably are seeking to capitalize the
itch for quick and easy profits which
is characteristic Of a general pick
up in business.
Accordingly, the commission here
and through its numerous branch
offices is redoubling its vigilance.
Beyond that it has formulated pro-
posed amendments to the law which
would strengthen its hand in deal
ing with the racketeerS.
The commission hopes to suppress
as much of this fraudulent business
as possible by its regulation of the
overtime counter markets, which
cover all stock activity not con-
rected with recognized ana
registered stock exchanges.
Jan. / Is Deadline
Jan. l has been fixed as the dead
line by which all over -the-counter
traders must be registered. All those
who can not meet the specifications,
or whose activity the SEC regards
as harmful, will be denied regiStra-
ton. Their business will thus be
declared illegal.
Some 200 hearings are going on or
scheduled throughout the country at
which over the-counter traders
whose business methods have been
questioned are being examined.
These are traders who have been
indicted or convicted or against
whom complaints have been made.
Thus far about 5000 overtime
counter traders have been reg
istered. 1t is expected the number
will reach 1000.
One SEC expert eGy...'ated today
that about 5000 stock traders or
agencies will be outlawed when the
regulations go into effect Jan. |.
Some of them. of course, will try to
carry on an under-cover business
and that is why Congress, and then
the commission, provided for an
elaborate police system.
Gold Mines Popular
The fake stock salesman, it has
been discovered, operates in and out
Of season. In recent months his me-
dunn has largely been fake gold
mine stock, because the price of
gold has been enhanced by the Ad-
miniStration'S devaluation policy.
Fraudulent stock sales reached
their all-time high during the stock
market boom in 1929 when the
"slicker" could sell a good many
people most anything-and did. 1t
was estimated for instance, that
worth ess stocks were sold for
$5C0000,000 in New York state alone.
Over-the-counter markets run the
gamut from long -established houses
which 90 large and reTpe> 4, eI
underwriting business to the indi-
vidual trader who peddleS what he
can where he can.
The new firm of Morgan Stanley
& Co., Inc, does an overtime
CON1ter br- neSS and mus s. i
with the SEC. This is the invest
ment offshoot of j. P Morgan q
Co.. in which young Henry S. Nor
gan is a partner.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
HUDSON GIVES PLANS
By Times Special

y tUFto UtLIUI
CHICAGO, Sept. 26.-The Hudson
Motor Car Co. will start production
of 1886 models the first week in
October, Roy D. Chaplin, president,
announced today. This is the ear
lest date the company has started
production of new cars in recent
years.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
(By United Press)

CHICAGO, Sept Eggs-Market, easy:
receipts 6l76 cases. fresh graded firsts,
26Ac; current receipts. 23@25Ac: dirties.
l9M23c; checks, 1921 &c. Butter-Mar-
ket, steady; receipts, 4 ,631 tubs; extra
1872 score, 25Hc; hrsts (8s-89is score /.
2312@24c; seconds t86-87is score), 221aGD
23c; specials, 2594M 26hc; standards. Csc,
trucks. l car due: ducks, 14d16c; duck
ltngs, 19c; geese lac; spring chickens l6G1
Leghorn hens, 11m1412c old ROSTERS, l5c:
broiers, zoe. Cheese-Twins. 15hG 15lac;
Daisies. 1534m16c Longhorns. 1534dl6c.
Potatoes-Supply liberal. demand slow;
best .Russets slightly stronger; other stock
steady; Idaho Russets. 81 40d1.75; u. s.,
No. 2, csc. Idaho Triumphs, SIPS; Wis
consin Cobblers, 32J2c: Minnesota Cobblers.
7712c; North Dakota Coolers. 82i2 n 85c:
Triumphs 85c: Red River Ohios. 85c: Mich
igan Green MOul tainS. CSC. Arrivals, 90;
on track, 1888; Shipments 492.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
Prospects Are Good
Produce Markets

The prices quoted below are paid for
e4sd gfhf5edd IN hs f9gn pTe While W be ee
cent higher Heavy breed hens. l6c;
Leghorn breed hens, 12c heavy breed
cocks, 7c; Leghorn breed cocks. SC; COL
ored broilers, 2 lbs. and up. 15c; Leg
horn brothers, ~ lbs and up. 12c; bare
back broilers, 1Oc ducks. full feathered
and fat, 4c; geese. full feathered and fat,
SC; guineas 15c each No l strictly fresh
eggs loss of 24c Each full case must
weigh SIS lbs. gross, a deduction of 10c a
pound under SIS lbs, will be made. Butter
No. /. 299Soc; butterfat. 22c. Quoted
by the Wadley Co,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
Unlisted Stock
fBy Blyth & Co., Inc.l
NEW YORK BANK STOCKS
SIBLEY TO MAKE SPEECH

DIES MONIES, Sept. 26.-Harper
Sibley, president of the Chamber of
Commerce of the United States,
will speak before the Des Moines
Chamber of Commerce tomorrow.
Mr.. Sihley also is president Of the
New York Joint Stock Land Bank.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
Recent MOUes by L. S. Steel VezCed
as Start of Stiff Fight for Business
Leader in Field Has Lost
Ground to Rivals in
Depression.

The United States Steel Corp. today
is in the midst of an ambitious CONSOLE
dation program. Observers in the in
dustry look upon the program as the
initial steps in the corporations desire
TO increase its business. This is the
first of series of three articles giving
quick picture of the industry and lead
ing up TO what the future may hold.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
MORE BONDS ARE CALLED
Fletcher Joint Stock Land Bank to
Retire Another 100000 Block.

Fletcher Joint Stock Land Bank
directors today called an additional
$500, 900 of 5 per cent bonds on 1852
for payment on Nov. l. AS a result
Of this call the amount of the issue
called has been brought up to ST.
600 900.
Holders of the called issue are
given the privilege of eXchang-
ing their securities at par for per
cent bonds due May l, 1910, and OPP
tional for call year earlier, or 3H
per cent bonds maturing May l.,
1912, but subject to call on May !,
1910.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
MITCHELL QUITS POST
BY United Pres,

.
NEW YORK, Sept. 26.-Charles
E. Mitchell. former chairman of the
National City Bank, today designed
as a director Of the Anaconda Min
ing Co. The resignation is effec-
tive Aug. 26.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
Personnel Is Affected

Another weakness which the new
mobilization will correct in the cor
poration is personal---very. men too
old for the jobs, duplication in sales
and production. In fact, that is the
first step in house cleaning. So Mr..
FairleSs was taken from Republic
and put in charge of the corpora
tons two biggest subsidiaries.
Overlapping was not entirely an
accident. 1t seems to have grown
out of the competition demanded
by Andrew Carnegie even among
bosses in the same mill. The theory
was that if such subsidiary was i~ht-
ing hard for business the corpora
ton would eventually get the pay
of.
But during the depression, the
plan simply added a burden to an
already creaking machine. Take
the example of the two merged
subsidiaries. Each maintains
sales office in Is cities, but in only
five of these cities are the offices
in the same building.
TomorrOw-The plan of attack by
the corporation.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
Other livestock
IN United Pressl


CHICAGO, Sept. 26.-Hogs-Recelpts,
$500. including 2o00 directs: very slow:
weak 20 2Sc lower than Wednesdays aver
sge: lighter weights declining most: top,
Sll So bulk good and choice. l70-230 lbs.
Sll.6Oa Ills; weishty butchers scarce:
oraggy; packing. Sows Sd l0c lower; bulk
better kinds, 500 lo,25; Cattle-Receipts,
$500. caves. 10000; fed steers and YEAR
lingS rather draggy but general market
srounc steady: al she itock fairly actiy d:
heiferS steady to stronf and cows stroi
10 l0Nz5c higher: bulls and vealers stroI~
10 unevenly higher; stockers and feeders
SLOW; about steady, top steers. Si2 IS. with
choice heavies held around SIS: top load
choice around SI5-lb. heiferS, Sill IS: cutter
eTsoe COWS. $S.50a+.35; fat cows. s4.50f
-. bulls. SS.55 down; practical top
yesisrs.. $40: few, $3.50 shep-Rsceipts.
1000: fat lambs slow: bids and sales weak
10 25c lower: damp heeces considered: good
70 choice natives. s9.25de.50: few best held
h:gher; aged shep also easier; native ewes,
Fl. WAYNE. Sept -Hogs-Msrkst 20
lbs, Sll.4o: 275-30o lbs. 1870: 2O0-225
lbs. Sli.4S: 10000 lbs sli35: i60-is0
lbs. sil IS: 3c0-35o lbs, sli 10: I5o-I60 lbs.
i2o-lso lbs. $40; llo-i7o lbs. ss.fs: 100
ITO les- so; roughs. $3.50; stays. s7.T5.
Calves. $3.50. Lambs. 50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
Trends
Only l Of 379 FDIC
Banks in Indiana
Quit Agency.
BY VINCENT LYONS
Times financial EditoT

A RECENT ruling Of the Fed
IA eral Deposit Insurance Corp.
declared that any state bank
throughout the country which was
a member OF the FDIC, but not
member Of t. Federal Reserve Sys-
TEN -Oulo irllnquish its affliation
with the FORMER by notification be-
fore midnight Sept. "a. The re-
suit, as announced Wednesday,
was that "a Of the members, repre-
senting S207, 10000 of deposits, with
drew from membership.
In Indiana there are 379 banking
institutions affiliated with the FDIC.
Seven Of this total are members of
the Federal Reserve System. OF the
balance Of 372 only a single bank
the Sanborn Banking Co. at San
born with deposits of 5000 ,00o-de-
Cided to forego insurance Of de-
posits under the ruling.
The seven Indiana banks which
are members of the Federal Re-
serve System as we'll as other
institutions similarly situated
throughout the country are COM
PEELED TO join the FDIC. Conse-
quently, they can give up their de-
post surety only in the event that
they resign from the Federal Re
serve System first. AS far as can
be ascertained there is no likei-
hood of any of these units in this
state taking such action at the
present time.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
CONSUMER NET
FOR INDIANA TO
SHOW INCREASE
Gain of SO Per Cent Seen
for Next Six Months Over
1894 Period.

Consumer incomes in Indiana for
the next six months are expected to
show increases Of 80 per cent over
the corresponding period a year ago
and IS per cent over the average for
the same period in the three pre-
ceding years, according to an eSti-A
mate today by the Brookmire Corp.
Of New York City.
Indiana'S showing in both re-
SpectS, according to an analysis OF
the study. is relatively better than
the report for the country as a
whole. The entire nation is eX-
pected to show consumer income in
the next six months q per cent
ahead of the same 1884 period and
43 per cent ahead of the average
for the three preceding years.
Regions Gain Largest
Consumer incomes for the central
manufacturing region, which COM
priSeS Indiana, Illinois, Michigan,
Ohio and Wisconsin. are estimated
to show a gain of 80 per cent in the
next six months over that period a
year earlier. This is the largest
gain indicated by any of the eight
economic regions of the country.
The expansion in consumer in
come, the Brookmire Corp. explains.
is contributed both by farm and
manufacturing incomes.
Manufacturing pay rolls in the
states of the central manufacturing
area during July ranged from 10 to
10 per cent higher than a year ago.
averaging II per cent higher for the
district. July farm income from
livestock continued well above last
year, but lateneSS of crops caused 3
reduction in such income.
Prospects Are Good
Sales of department stores in Au-
gust did not make gains commen-
Surate with the income status of the
people, but this was largely due to
adverse weather. Prospects, the
survey held, are very good.
Insofar as miscellaneous individ-
ual business indicators for Indiana
are concerned, favorable picture
is presented. Bank debts are IT
per cent ahead of year ago; life
insurance 4 per cent higher and cleo
tricity production per cent greater.
Pay rolls are figured 10 per cent
above a year ago and farm income
80 per cent higher.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26

WASHINGTON. Sept 25.-Government
expenses and receipts for the current
fiscal year to Sept. "a as compared with
last year:
This Year Last Year
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
Chicago Grain Futures
LOCAL CASE MARKEr
BY James Z. Bennettl

City grain elevators are paying IS cents
for No. soft red wheat, Otner grades on
their merits Cash corn No. 2 yellow
5s cents and eats 10 eentG
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
A Star Performer

American Rolling Mills convertible 8As of 1915
stand ont for envidbe performance mdrket-lCise.
These bonds 1oere able quickly to inject themselves into
blue ribbon society and hare attracted major attention
IN the Mgh-premium group
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
N. Y. Bonds

(By Abbott Proctor &c Paine).
(Reprinted From Late Times Yesterday
DAILY BOND INDEX
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26

U. S. GOVERNMENT BONDS
Libertys
Prev.
Close. close.
4 las 1888 ........ 1O0.16 100.l3
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26
I EO T. CROWLEY,


present time.
I EO T. CROWLEY, chairman
l. of the FDIC, expressed gratifi-
cation at the small number of
banks which are leaving the de-
post surety fund. He pointed out
that 7750 state banks, not men,
berS of the Federal Reserve System,
joined the FDIC voluntarily. and
that the "a withdrawing repre-
sented less than one-hah of l per
cent of these banks.
The elation of Mr.. Crowley is
well warranted by an analysis Of
the makeup of the retiring banks.
Quite a few of the institutions
quitting the field are savings
banks, which, generally speaking,
are paragOns of safety; their in
terest rates on deposits are ordered
quarterly to fit earnings and their
operations are not affected by the
same elements as are commercial
banks. After the banking holiday
uncovered abuses In the banking
banks joined the FDIC as a meas
ure Of expediency rather than as
a permanent thing.
The decision of the 81 banks TO
drop out of the insurance fund viii
60 into effect Oct. II and their
assessments under the arrange
ment will be refunded. Depositors
in the retiring banks must be no
titled that on and after Oct. II
their funds no longer are to be
protected by government inSur-
ance.
1T will be interesting to see what
IL effect the enforcement will have
upon the "a banks taking such &C
ton. The first, and widespread.
ASSUMPTION is that the banks will
lose some of their deposits to the
insured institutions. Whether This
will be the actual result is question:
able, however, as there are other
elements entering into considera-
ton which tend to place a different
light on the subject.
For instance some of the larger
banks in New York City which are
memb-rs Of the Federal Reserve
System are reported to be seriously
weighing the probability of giving
up their Federal Reserve member
snip simply as an avenue of escape
from the FDIC. Units of this type
have two masters to Serve-the de-
positor and the stakeholder and
they are now studying the situation
in an effort to determine how the
dual Job can be managed.
These larger banks realize that
the depositor is entitled to safety
and also that the stakeholder
should be allowed a return on the
money he has invested. Insurance
for the large banks is costly be-
cause of the large volume of de-
posts. Protection is not impor-
tant to them because many of their
individual deposit accounts are in
excess of $4,000. the maximum
o,,,O,,,,t v,-I,icl, the FDIC irSIIraS
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26

NINtW 1900
Copyright, 1885, by STANDARD statisticsl
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26

(By Thomson g. McKinnonl
=
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-26

Tomorrow-The plan of attack by
the corporation.