davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01
FOOD PRICES INCREASE
IL PER CENT IN WEEK
Index shows First Advance in Five
Consecutive Weeks

AM AN". |N."
NEW YORK. April Food
prices advanced IL per cent during
the week ended March 20. according
TO a report made today by Dun &
Bradsrreet. Inc. This was the first
increase reported IN food values
since the week ended Feb. 10.
The weekly food index was placed
at sos. compared with S262 in the
previous week. an increase OF 3
cents This compares with a decline
Of 81 per cent for the period from
Feb. II. when the recent peak was
reached. TO March 10. Food values
at present are approximately 256
per cent higher than at the same
time in 1894.
Among commodities included in
the index TO show advances during
the latest week are: Flour. wheat.
corn. rye. oats. barley. hams. lard.
butter. eggs. and steers. The de-
clines included bellies. cheese. cOf-
fee. cocoa. potatoes. and lambs. IN
1898 the food index stood at Sl.57.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01

On Commission ROW

Quotations below are average wholesale
commission dealers.
Fruits-Bananas. sc a lb; Apples. Wine
$3.50. Lemons, SunKiSt zoos, $4.25. Grape
carton. us. Csc; Byram. seedless. per n
ured, So. Strawberries. Florida. pint. zoe;
per 36-pt. crate, lYc. Aprlcots. 50 crate.
So. Honey pews. South America: S2.75;
MISUNDERSTANDING. Northern Danish
50-lb. bag. 81; new req Texas, hamper
So. 80; new Texas. half crates. $40.
Onions. Western Spanish, 5O-lb. Dag,
SO 90; Michigan yelloWs. oU-Ib; bag. SOU.
Potatoes, Green Mountains, 1O0-lD. bag.
northern, round white. 100-lb. bag, 81;
Ohios. 100-lb. bag. 81: Idaho RuSsetS.
l00-lp. bag, So; new Florida Trlumphs.
bushel. 2 LAO. Sweet potatoes. Indiana Jer-
SeyS, puSnel. 81 80; .medlum or seed. Sl.1O;
Nancy Halls. DuShel. Sl;15. Beans. round
washed and trimmed, meoIum, doz. DOC;
JUMBO, doz.. 75C; hearts, 0OZ.. y0c. Cucum-
pers. hot house, dozen. Sl.4U; 2 oozen box,
81. 80. Enoive. California, .oozen. S., crate.
S4.25. Egg plant, Sl.50Q2 dOz. hale, bushel.
&c. Lettuce, not house, l5-lp. basket. s. 80;
small basket, soc. MINT, a dozen, 81. Pars-
lev. dozen. 35c. Peas. hamper. $500; Spin
acn. texas. bushel. S.: R~aaisneS, dozen
busheI. $1:25; Beets, 6pshelr 81. GarrotSS'
es, ST 20. Mushrooms, h.. soc.
All quotations subject to change up or
down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01
THE BANKING BATTLE
Fight for Central Institution NO7U On

munities that control over their
credit will be lodged far away, the
fear Of political control by a power
full agency. In its early days the
United States had private central
banks On two occasions. Andrew
Jackson, in destroying the second
the monster" as he called it-said
it was discriminating against the
farmers and artisans and was ia
voring the moneyed classes.
Today the situation has changed.
Big bankers are fighting the Cough
lin and Eccles proposals on the
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01
Other livestock
lBy Times Special)

by Times Speclal
LOUISVILLE, April l.-Cattle-Recelpts
1000; demand broad IRON all sources;
market, active and steady to strong; spots
higher than close last week; quality only
faIr; bulk, COMMON 10 medium, steers and
heifers. So. 500 3. rs: few common down to
So; most better finished steers and heifers.
S9@ 10; strictly good steers q~uotable high
er; bulk beef cows, S4.50no; good kinds
and smooth heiter types to $3.50 or better;
bulk low cutters and cutters. S2.19M4,
strong weight cutters to S4.25; bidding
mostly s5.5U on sausage bulls; desirable
beef bulls to Sc ana above for ,yeariing
types; StockerS steady, better Hereford
stock calves. mostly S6.50U7.50; choice
steer calves q%uotable to So .25. Calves--Re-
ceipjs, $50, including 200 stock calves;
market steady with last Friday and Sat-
urday; bulk good to choice offerings. $3.50
as, stric0ly choice, $3.50, medium and
lower grades. Sc 50 down. Hogs-ReceIpGs,
800; market. sc lower than last Friday and
Saturday, top and bulk desirable 180 250
10. weights, $500; 255 lbs. up, S3.45; 100
IT'S lbs. SO. 40, 140-i55 lbs, $3.50; 120-135
lbs. $685.; sows weighing 400 lbs. down.
S7.15; heavier sows discounted soc. Sheep
Receipts, rs; market, steady; bulk me-
dium TO good lambs, S7M6; choice quot
able to So so; common light throWouts,
Sc and fat ewes, S3.50 down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01
AUTOMOBILE OUTPUT
EXCEEDS 1880 PEAK
Production Totals IOS.2S6 Units in
Week Ended March %.

DETROIT. April Production Of
automobiles and trucks last week
toraled IO32S6 units ana passed the
peak established July u. 1880. when
10000 units were manufactured,
according TO Grams Reports. Inc
The production two weeks ago was
iOG.O65 and was the first time since
1880 that the output broke the
100000 mark. Gains were registered
last week by Packard. Ford. Olds-
mobile. Terraplane-HudSon. White
Indiana Track. Nash. HupmObile.
General Motors Truck ana Chevro-
let
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01
TRADE OUTLOOK
VIEWED POORER
IN End QUARTER
Sentiment Seems Unduly
P~eSSimiStiC, Business
Week Declares.

BIZ Ifmes Special
NEW YORK. April business
sentiment seems unduly pessimistic
regarding second quarter prospects,
Business Week declared today. Any
slowing Of pace is a signal for dis
content. a bid TO lay caution on
thicker. rather than a challenge TO
so after sales. II continued.
Actually" the review said, mo-
tor companies plan TO make the
second-quarter output about equal
70 that Of the hrst-quarter. though.
as usual. production Will taper Of
from the April peak TO June. The
big motor selling season is at hand.
Construction and related fields, such
as lumber and cement. should begin
to revive. first March reports in
dictate that a start has already been
made. The lateneSs Of Easter in
sures merchandisers of a long spring
season, a minimum of markd0Wns.
Pay rolls in manufacturing in
dustries. one Of the most vital in
dicators of business recovery.
reached in February the highest
level Of the current revival, a 70
per cent gain over the March, 1888,
low. Both employment and pay rolls
made larger increases over January
that have been reported for Is
years, 1884 excepted.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01
Wall st.
Bank Fails to Find
Any Good in None
tary Policy.
by RALPH MISUNDERSTOOD
Times ~usciai Writer

NEW YORK April Not only
~ has depreciation q the dollar
failed 20 bring about higher COM
modify prices in the domestic mar
kets. but % has hurt business and
opened the way 20 initiation. IN the
opinion OF the Guaranty Trust Co.
The situation which has been Gre
makes 70 advisable that meas
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01
SCATTERED RAINS
PUT WHEAT DOWN
Corn and Rye Are Higher,
but Oats ReCedeS.
By United Press

By United Press
CHICAGO, April 1.-The South
west reported scattered p%recipita-
ton over the weekend, and wheat
futures eased. Corn and rye were
higher while oats followed wheat
down.
At the opening wheat was 1s to 4
cent lower, corr ranged from =
cent lower to 3s cent higher, oats
were off i to % cent, and rye was
up to p cent.
The local market was steadied
somewhat by frmness at Liverpool.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01

ground that they would establish a
political banking system, a system
that will be employed for partisan
purposes by the party in power.
Largest support for the central bank
idea comes from farmers and labor,
who argue that only by giving the
government control can power be
wrested from the big financial in
terests which have for long domi-
mated banking.
Next-The Federal Reserve Sys-
tenn.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01
INDIANAPOLIS MAN PROMOTED


BOSTON. April l. Ernest A.
BurtZlOf. district manager IN the
Atlanta Office OF the American Nu-
tual Liability Insurance Co. since
last October. following his transfer
from Indianapolis. has been pro-
m ID 70 resident vice president.
Charles z Hodges. president. Z
rounced TODAY.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01
WILLYS A TO OPEN
81 Times Special

DETROIT, April 1.-Opening Of
the Willys-O Overland plant which
was scheduled for March 25 prob
ably will be April /, according TO
Grams Reports. Inc. The delay was
due to shortage of parts. it was said.
April production is estimated at
$4,000 units. 5
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01
NEW PRESIDENT NAMED

CHICAGO. April Is A. Hell
Iings. former vice president and gen.
eral manager OF the Stewart Die
Casting Corp. a wholly owned sub
sidiary Of Stewart-Warner Corp.
has been elected president. 1t was
announced here today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01
General Index of

Business Weeks more general
index of business activity which
takes account of the much-de-
pressed state of construction will
fall 3 per cent short of the first
quarter Of 1884. despite the gainH
made in steel, coal, electric power
and check transactions. The ir-
regular trends of f1rSt-quarter trade
volume are apparent from these
preliminary estimates of changes
from the same period of 1894:
Manufacturing, +12 per cent; auto
mobile, IA per cent; steel, +20
per cent; electric power, +6 per
cent; construction. -37 per cent;
cement. 20 per cent; bituminous
coal. 6 per cent; a loadings, i
per cent.
The cotton textile induStry's
growing dilemma of high costs, con-
sumner resistance to high prices,
foreign competition. and increasing
stocks is now to be met by a r.
week Curtailment of operations in
those branches Of the industry
whose supply and demand factors
are most out of line. This tenn
pOrary expedient was utilized last
summer TO bolster the price struc-
ture. It contributed to the labor
discomfort that eliminated in the
September strike. It is not likely
that a 30-hour week with 80 hours
pay Will be any more acceptable
now"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01

Editors Note: This is the first of four
articles on the impending Congressional
battle over basic changes in the ma
tons banking system.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01

ure be taken TO
control the iufa-
ti0uaw base and
keep GOV ernment
xpend lures
wtnlurcasCna
limlf the bank
contend
n its regular
monthly re "
Cf business the
bank seemingly
tries 20 soften
the blow 10 would
strike 40 the gov
eminent none
.taU policy. but it
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01
Money and Exchange
INDIANAPOLIS STATEMENT
STATEMENT

by United Press
WASHINGTON, April 1.-Government
expenses and receipts for the current fiscal
year to March 90, compared With the
corresponding period of the previous fiscal
wear:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01
Slow Reaching Point
Other livestock
BY United Pressl

CBv United Press
10 go 46ciadin ApF 5000 dire aGss mSeIgiPsT;
active. fully steady with Friday: 200-250
lbs. s9G9.1O; top go: 25O-375 lbs. So IS
good packing sows, So. 25a 8'35: light lights.
light weight 10000 lbs. good and choice.
good and choice. s8e0a9IO: heavy weights
250-55O lbs. good and choice. S8.85N9.05.
packing sows. 275-55O lbs. medium and
lbs. good and choice. s7.25G85O. Cattle
Receipts. 1000. calves, receipts, 1000:
better grade steers and yearlings, fully
steady; others slow; mostly steady; some
weakness on inbetween grade light kinds:
all heifers steady 10 strong; cows about
steady bulls. steady; %vealers. steady TO
selected v@ealers' So; o sdIaaughter cat.!e and
choice. $40 25a Il: 11j0-13OO lbs, good and
and choice. sd. 75Gl420: 550-1300 lbs,
common and medium. S6G SLOTS; heifers
550-T50 lbs. good and choice, s9.50dl1.75;
good. S575d925: common and medium.
81 25G6.75; low cutter and cutter. S3d4.50;
bulls lyearlings excluded good beef.
S. 50G7; cutter. common and medium. S4d
SIS: ~vealers, good and choice. s7d9: me-
cium. s6GT, Gull and common, S4G6:
stocker and feeder cattle: steers. 500-l050
lbs. good and choice. S6.50G6.75: common
and medium. S525G6.75. Sheep-Receipts.
l9. 600. fairly active. around steady with
FRIDAY average on most AlAlng classes
lamb quality not particularly attractive
at s7.75GS: 1925 bid and paid for choice
offerings: best held above 1855; native
lambs: lambs 90 lbs. dow good and
choice. s750as35: common and medium.
Sc. 50GT65. 90-9s lbs. good and choice.
sT35T635: ewes. 90-i50 lbs. good and
choice. s4G550. all weights. common and
medium. S5N450: feeding lambs, 50-75
lbs. good and choice. s6.25G7.
TT. WAYNE. April 1-Hczs-Steady:
10000 lbs. SO: 10000 lbs. IS 90; 250-30O
lbs. IS SIS: 16O-Is0 lbs. $3.50. 300-350 lbs,
So S.. i50-i6o lbs. IS. 50: l40-i50 lbs. ss.25;
lbs 81: rourhs. s7e75: stays. $3.50. Calves,
SO so. lambs. SITS.
LAFAYETTE. April I-Hogs-Market. 5
9 loc lower: pigs steady: 20o-2SS lbs Sc 90
10 lbs. ss.7s: I4o-i6O lbs, .sS25gg5o;
80: iO0-i2O lbs. ss.50a7: rougns. So
down: calves. 50 down: lambs. $50 down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01

CIV EFlLu fIeTatoEs are paTIrE s. Gems
fer Nc. 2 soft red wheat Other grades
On their merits. Cash corn No. J yeloE.
- eeatE. and oats 20 ee1ta
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01
Some Gains Cited

Especially noteworthy were those
in mems clothing. automobiles, steel.
building materials, railroad shops.
Decreases were largely seasonal, ap-
peared in beet sugar. Strengthening
and neat-packing industries. Gen
eral unemployment declined "a per
cent. but is still large enough to
disturb relief distributors.
Due largely to reduced activity
in textiles, meat packing, and to-
baccO. manufacturing production,
as measured by the Federal Reserve
Board. increased less than custom
ary for February. The adjusted in
dex Of industrial production which
includes mineral output as we'll.
dropped from the January peak of
81 per cent of the 1923-1925 aver
age to 80 per cent.
Following an expansion of manu-
featuring in January. which was
much greater than customary. the
slight decline in the adjusted figure
was TO be expected. March output
probably stayed close to these levels.
making a satisfactory showing for
the first quarter.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01
Stock Studies

Commercial Solvents Corp. is a
leading producer of various chemi-
cal solvents by the fermentation of
grains. At its organization the
company bought the governments
plants and research laboratories at
Terre Haute.
In order to meet competition from
synthetic solvents the company has
also perfected processes enabling it
to compete with certain of these
synthetic products. Thus the COM
pany has available synthetic pro-
cesses for producing some of its SOL
vents if the cost of grains proves too
high. The company also has a pro-
cess for producing butyl alcohol
from cheap molasses.
FINANCIAL DATA
As of Dec. 81, 1884
Common Stock mo par).. 2,636,04 shares
SURPRISES 944d Egg
Cash o,llo,ooa
Total Current Assets ........... 14.937,0l8
Current Liabilities ............. 1,l35,O39
Last December Commercial Sol
vents sold its sc per cent interest
in Krebs Pigment and Color Corp.
to the du Pont interests thereby n
creasing cash by more than S7,100,-
900. During the year there was prac-
tically no change in inventories, but
net working capital increased near
ly S7,400,000 while SURPRISES gained
$500, 900. The company is planning
to use some Of this additional cash
in plant improvement and extension.
On Dec. 81 the current ratio was
about Is to l while the per share
equity Of the common stock was
s6.10, an increase Of S2.04 for the
year.
The low point in earnings was in
1882 when so cents was earned. The
common earned stock 88 cents in
1888, and SO cents in 1884. The
present annual dividend rate is so
cents, which has been maintained
since 1882.
Commercial Solvents was incor-
porated in 1919 in Maryland. The
stock is listed on the New York
Stock Exchange. So far this year
the common has ranged from a high
Of 237s TO a low of 1871. AT a cur
rent price of around 10 it sells to
yield nearly 81 per cent and for
II times 1884 earnings.
can Rights Reserved. winchester institute
OF Finance. Winchester. Mass.)
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01

THE smaller concerns were not
IL the only ones which were in a
bad way when devaluatIOn was or
dered Institutions which go TO
form the very framework Of the
COuntrv's financial structure were
threatened. The statement has
been made in responsible quarters
that the debts Of the country were
greater than its assets. and there
IS reason 10 believe that such was
the case.
But it is all too true that in at
tempting to correct a bad situation
the 3 venment created another one
favor or IN CactiOn.
of grave possibilities. We have
been a long time trying TO get over
q speculative spree. and it would
seem wise to take precautions
against going on another one. BY
increasing the credit base through
devaluatiOn we have provided the
machinery for credit expansion
and speculation on a much larger
plane than We had IN the years
lust preceding 1929. New brakes
should be attached 10 Our financial
and business machinery at this
time. even though the time when
We NAV need 10 apply them seems
quite distant.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01
SHEEP AND LAMBS
nr--.-- -

Lambs 50 70 i2c lbs. good and
choice -. $500 $50
so-i20 lbs. Eood and choice. $500 $50
sheep.
ll10-iSol Good and choice. 4.o0G 5.25
AL weights. common and me-
0A0- ava ga
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01
What Does 1t Mean?

Paper Cure cieS--Those monetary units which
are not backed by gold are classified as paper currenctes.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01

is obvious that 10 feels quite strong
Is on the subject. It's discussion
fails 20 present a single point IN
favor o. the action.
II would seem that II 10 had tried
real hard 10 could have presented
the situation IN a somewhat more
favorable light. II might have
called attention. for instance. 10
the boost devaIuafIon gave the au-
t0mobile industry. Likewise IL
might have pointed out that when
the move was initiated prices were
declining rapidly and that the in
Creasing smaller market for equi-
ties and produce was creating a
situation that might well have
forced us into national bankruptcy.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01

IT is true. Of course. that deval-
i uation has not brought the re-
suits its sponsors had predicted.
And it probably has been definitely
harmful IN some res sects. That IL
has tended 10 create uncertainty IS
quite certain. But business cOndi-
tions today are decidedly better
than they were when the dollar
value was reduced. and they may
b. better than they would have
been had not the step been taken.
Merely because the crisis appar-
emily has passed Is no good reason
" ny the danger facing the country
around the time when President
Roosevelt took Office should be ig-
nOred 40 this time. II might have
been better TO have let the defia-
ton take as natural course, but
your correspondent doubts 1t very
much.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-01

(All Rights Reserved. Winchester institute
Of Finance. Winchester. Mass.)
, 1935-11-08
BY MARY Z. DAGUE
NEA Service Staff Writer

NEh oGINlCC CbdII NEIteF
Thank goodness we houSekeepers
get a little breathing space right In
here between moving and house
cleaning days and those almost
equally strenuous preparations for
Thanksgiving and Christmas. Let's
get out our winter menus and recipes
now. along with the extra blankets
and sweaters.
It'll be fun to eat them again -
all the good suet buildings, rich pas
/ tries and cakes, hot rolls, oysters
and what not.
This fig pudding has been served
for the last twenty-five winters in
our family. first by my mother and
then by me. The recipe. dated Dec
ember 3. 1910, in my scrapbOok Is
Cousin Maudes. A grand way to use
up leftover baking powder biscuits,
this pudding.
Fig Pudding
One-half pound or figs, 90 cup
Suet, ! cup sugar. 2 eggs. pa cups
biscuit crumbs (either soda or bak-
ing POWDER, l teaspoon salt. u cup
milk, ! teaspoon baking powder.
Put figs and Suet through food
chopper. Add sugar and eggs well
beaten. Add crumbs and salt. Dis
solve baking powder in milk and stir
into mixture. Turn into a well
creased mold and steam three hours.
Serve with whipped
In winter instead of baking Just
one pan OF rolls, / like to do a whole
batch Of bread. with hot rolls for
luncheon or dinner and pecan rolls
for breakfast.
Whole Wheat Bread and Variations
One quart scalded milk. 4 cup
brown sugar. 2 tablespoons salt, 3
tablespoons shortening, 2 cakes COM
pressed yeast. 8 cups whole wheat
flour. 8 cups bread flour.
Pour scalded milk over sugar, salt
and shortening. Cool TO luke warm.
add crumbled yeast cakes and stir
until dissolved. Add flour and work
II In thoroughly. Knead on a flour
ed board until smooth. Form into a
ball and put in a well CREASED mixing
bowl Cover and let rise In a warm
place until double in bulk.
Divide dough into four pieces.
Make two loaves. Put into well
creased pans and let rise In a warm
place until double in bulk. Bake In
a moderate oven $3.50 degrees F) for
fifty minutes.
Use n OF the pieces 10 make
clover leaf rolls. Pinch off little
pieces Of dough and make into
smooth balls. Put three In each well
creased muffin pan, let rise until
double In bulk and bake thirty min
utes in a moderate oven.
ButterScotch Pecan Rolls
Roll the last piece OF dough into
a sheet Il inch thick. Spread with
2 tablespoons melted butter and
sprinkle evenly with A cup brown
sugar mixed with y teaspoon CHINA
mon. Roll as for q jelly roll and
cut in slices inch thick. Put 3
tablespoons melted butter in a bak-
ing pan and sprinkle with y cup
brown sugar. Put about 40 pecan
halves, rounded side down on the
butter and sugar coating. Place rolls
cut side down on top Of nuts. Let
rise until double in bulk and bake 80
minutes in q moderate oven.
, 1935-11-08
OF LIVER

One pound beef liver, two table
spoons bacon fat. six small onions,
one cup diced carrots. one cup diced
potatoes. one-fourth cup diced cell
cry, n cup tomato puree. one-half
teaspoon salt. dash pepper. one bay
leaf. water. II needed. Cut liver into
two inch cubes, roll In flour. sprinkle
with salt and pepper and brown in
fat. Remove from fat. add vege-
tables and brown slightly. Combine
vegetables, liver and tomato puree
and seasoning in a CREASED baking
dish Cover and bake In a moderate
oven. $50 degrees Fahrenheit. from
one and one-half TO two hours re-
moving cover during the last half
hour Of cooking. Water may need
to be added during the baking to
prevent burning. but care must be
taken not TO add too much. When
serving. the liquor in the pan may
be thickened II desired.