davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-06

Canadian Company Five Months
Total Tops All Of 1884
E . pcr0i

TORONTO July 6-Flrst hvs
months sales Of Ford Of Canada
were IN excess Of the total for The
fun u months Of 1884. according
to F NJ Sale assistant general
sales manager
The sales for The first SIX months,
when final figures are available. will
exceed the total as well rs all 1884
export and import business together,
according 10 officials
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-06
BANK DEPOSITS GAIN
st. Paul and Ninnea polls Units Re
port Rise From 1884.

ST. PAUL July Banks IN ST
Paul and Minneapolis with nation
al charters showed increased dc E.
posts on june 20 IS compared With
q year sgo. it was disclosed today IN
response 70 the national bank call.
National banks here reported de-
posts as ri June 20 al S157.556 92l
IN increase OF s24 622.443 over the
same date year ago. Minneapolis
national bank rerorted tota de-
pests at s34l 6sal5z. an increase Of
Sal ,264,220 a year ago.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-06
Produce Markets

This prices quoted below are raid for
stock gathered in the country while de-
hvereo in Indianapolis the price vii Be 2
cent higher Heavy breed hens. y, Leg
7c. Leghorn breed cocks &C. colored
broilers 2 lbs and VI f3c; Leghorn broil-
ers. IL lbs and up. Zoe Bareback broilers,
i0cs ducks full feathered and fat &C.
geese full festhered ana fat Sc. No.
strictly fresh eggs loss Of 19c. Zach full
case must weight S. lbs gross. ? deduction
Of nc pound under IS lbs Uill be made
Butter-No 22d73c butterfst. 20c
Quoted rv rhe Ws6Iev Co
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-06
FURNITURE MART OPENS
Yearly Summer Display Gets
Under WAY IN Chicago Monday.

CHICAGO. July S - This Citvs
yearly summer furniture and allied
products market viii get under way
Monday. Hundreds of out of town
merchant, are evD9oted 10 visit the
display during the week
Mayor Edward j Kelly and
George ". Young. president Of the
Chicago Association Of Commerce
will participate IN the ribbon cut
ting ceremonies.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-06
Raise New Capitsl.

To enlarge these limitations. how
ever. the Morgan house could set
10 work 10 build mp capital and
urplus. The larger this item be-
came The larger would be the
amount Of participation allowed
the firm IN a single issue. 1t IS
conceivable that new money might
be brought into the bank for Just
this purpose
AS now understood by the street
The commercial and private banks
would. under the law, be able to
work ont 2 financing program for
a corporation. underWrite 2 bond
issue and arrange with dealers to
SCH The issue 10 The public. The
major difference from past practice
is The prohibition against retail
sales
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-06
FOREIGN BONDS RISE
81 Tunes Spcciqi

on tWfN q Httfah
NEW YORK. July 6.-The index
Of so representative foreign bonds
during June was placed at 1857. an
increase Of 060 per cent compared
with May. the Foreign Bond Asso-
ciates. Inc. announced here today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-06
On Commission ROW

Quotations. below are average whole sale
prices being offered to buyers bY local
commission dealers
nome grown. 24-ot case. SO Gooseberries.
54-qt cases 81 Faspberriss. red 24-1t
case g Elackbsrries. capt case $50
Cherries California. 15-lb lug s275.
home grown sour. 24-qt case 81 25
Cantaloupes. California jumbo 36s crate
s. 25, Jumbo ABS $3.50 California stand
ards ass $3.50. Honey Devs. California
4oc Appies. choice Transparents. SIPS.
Lemons. sur 1st. $50 1925. $3.50 Craze
fruit. Florida seedless 64s 7os sos 50
apples. ass So Lines Mexican. per car
ton zoe Persian. seedless. q hundred So
Vegets bles-Cabbsge home grown bu-
Sc Onions California yellow, 5o-lb baE.
Potatoes. Green Mountains l00-lb bag.
81 TO- new Cobblers. 100 lbs 81 so,
northern Round Whites l00-lb bag 90c.
Ohios. i00-lb bag 81 50. Idaho Russ sets.
Rag g sweet pota toes-new Alabama q
bushsl st65 Beans green strinE.ess.
hampers. st75 wax. 81 Celery washed
doz sl25 medium soc. jumbo 75c Cali
Cuccmhers hothouse. doz.. 90c. l-doz
box. zoe Egg plant. 81 250l.50 doz. Hals.
bushel 40c Corn Southern. 5-doz crate,
SITS Lettuce. dollhouse l5-lb basket,
Manages, 81 50 hamper small basket.
csc Mint a doz 75c PARSLEY doz 35c.
Peas. home grown. bushel si25. Spinach.
home grown. bushel 65c Radishes 2-ooz
basket 65e Turnips. new doz 25c
home grown. dcz 5oc. new bulk. oushsl
81 Ehubsrb. outdoor. de- 5oc. Aush-
Toons ,n l5, so4s5e :, tomatoes home
Al quotations subject to change up or
down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-06
EXCHANGE DATE SET

81 Times special
NEW YORK. July 6.-Ameucan
and other foreign holders Of internal
bonds of ths Province Of Buenos
Aires have been given until July 1
to exchange their holdings for new
unifying issues, It was learned here
today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-06
BY IOHN H FLYNN
Coo'nehf 1855 MA serve. no

NEW YORK. JULY 6Govemmen spending b 1855
much less than the first half Of 1884 This probably
The President congressional appropriation
4010Qo00 for great reie and public works
nccy Of Tbs been Readent
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-06

Cit Erasn elevators are paving = cents
ter NO soft rec wheat Other zraoes On
their merits Cash corn No : yellow
Is cents xsnd cats 20 cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-06
BANKS AWAIT
FINAL VOTE ON
LIBERAL BILL
Units With Large Capital
Favored by Amendments
on Underwriting.

RV irDrs Nprci0f
NEW YORK. July 6-The bank
ing houses Of Wall Street held their
breath today awaiting final passag &c
Of the Banking bill Of 1885 and with
it liberation Of their capital for the
green fields Of underwriting. Bank
ers we're agreed that the bill. if
passed in its present form. would
cause 2 vital change in the present
financing structure Of the street
Kuhn Loeb 6 Co. which rehn-
pushed its deposit business in ac-
cOrdanCe with the Banking bill Of
1888, is expected to take immediate
steps 10 recover its lost accounts J.
2. Morgan & Co. which dropped its
investment bank activity rather
than ITS deposit business. Is 10
position to assume almost overnight
ITS previous place In the capital
market
Other banks. such as Brown
Brothers. Hartman & Co. . ax-
peCted 10 maintain. as separate i'm
stituuOns. their divorced security
afihatees Brown Hartman & CO.
for instance. which has been funC-
uOnnc A. underwater and dealer.
IS expected 10 continue as = dealer
Brown Brothers. Hartman e. 60
under the pending act could return
10 underwriting but not to the SELL
ing Of securities
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-06

Il V1DENCE that the Chicago
T. u9ck1nE industry is feellus the
fuU effects Of last wears drought
and the crop reduction program Of
the AAA mn effect the last two years
seemed apparent I'm the Chicago
Union Stockv7rds report of June
receipts The st0CkvardS there
last month received only 6996 car
loads or livestock. the smallest total
for any month nm records dating
hack S5 wears The lowest June
total known until Tins year was
11O4a carloads received ln 1882
An encouraging piece IF in
formation for local business inter
-Sf. was issued tins week by The
Indianapolis Convention and Pub
ucitv Bureau The city has nnter-
aimed delegations to 166 Conven-
ions. exclusive Of events such as
Inc S00-mlle race and basketball
tournaments. IN the first SIX months
Of the year I'm these Conven-
uCns. 26 266 persons registered and
MANY others were guests an assem-
1hss without registering. Twenty Of
the conventions we're national with
an attendance Of TITS persons from
an parts Of the country. and 2t.425
persons attended the is state
meetings held here The GUS
tomsrv midsummer call for the
condition Of national banks ss Of
June - was made M Washington
last TUESDAY by Controller OF the
Currency =. r r. O'Connor 8 call
for the condition nj an state banks
IN Indiana also as of June 29. was
issued by Richard 4 Mckinley d.
rector Of the state Department Of
Financial Institutions
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-06

iFlI from last wear 0plldtlOl5
ana still unSpont at least billion
dollars perhaps more He has there
fore. very nearly six billion dollars
which he can spend before the END
Of June, 1886. If he sees ft
AS this is twice as much almost as
he has spent on emergency purposes
IN either Of his two wears thus far
it will be seen that he is powerfully
armed 10 give % business via the
government spending route whatever
shot rs necessary to keep it moving
The government has been making
some effort TO change over from 2
relief program to 2 works program
This has delayed an extensive out
lag under the now plan But We may
assume that it VIII be m iull work
ing order by fan IL it Is It viii be
sure 10 fatten business somewhat
THE question of initiation is TO
I be reCkoued with. / DO not he
lleve We viii have greenbaCk iu6a-
ton or printing press money But
We will have credit indation-mda
ti0n Towering from government Dor
rowing Indeed. that has already
begun. n can be checked only 5y
checking government borrowing
now and resOrtiug TO a program of
taxation Sentiment for AVIATION 10
meet government OUTLAWS. whatever
they are. has been growing IN both
houses Of Congress.
I viii venture a little prediction
I( the President himself does not
act with decision. one Of these lays
there viii be a real bl0w-Of b the
HOuse-a real revolt IN 5hat APP
rarently COmplaCent body of yes
men-and 1t will be ON the question
of government borrowing. If this
comes the inhati0narv movement
viii be checked But If it does not
come nothing else can stop initiation
But it viii not be mad. wild in-
daUOn like the German. Or. for
That matter perhaps, even The
French article But ID viii be suf-
fciont to increase prices materially
beyond what they are TODAY Every
man who has funds under his care
O rtO invest must seriously ask hiG1-
self and settle what he viii do in
the event this imitation proceeds
eurther
Beyond all Of course. affecting
the current scene. will be the cleo
tons. The presidential election
viii not be held until November.
1866 months away. But the.
conventions viii be in full blast
year from now
Then YOU will hear the usual
crOaker who will begin 30 Lament
this quadrennlal disturbance to
business Just as things promise to
be better one Of the falsest of
old dcti0ns is that elections always
hurt business. History refutes The
notion. Business has actually i'm
proved during campaign years
oftener than it has declined Even
recent history is against the fiction
I'm 1884 from September right
through the congressional elections
business had the s0undest increase
It has had since the New Deal
And strangely enough. in the bitter
contest Of 1882. when things were So
had 7ll through August. September.
October and November business
activity was ON the rise
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-06
THE wagner Iabor IclaUonl

FTHE Wagner labor Citations bill
j was signed by The President
Yesterday. Fundamentally. the new
act attempts. by national law to
guarantee labor the right to organ
ize rs it pleaSes and to bargain col
lectivo'v. IT. clarifies and expands
the guarantees formerly contained
mn NRA codes under Section IA Of
the Recovery Act Warming
against expecting too much from
the law. Mr.. Roosevelt pointed out
that the new Labor Relations Board
viii enforce the law. and viii not
act as a mediator or oOnCIliat0r
That work Will remain in the Labor
Department. he emphasized
The nations monetary stocks
reached an 3u-tiWc high of Sl5
1889. 773 At the end Of june as
the result of heavy gold and silver
imports. according 10 Treasury
Department report A month car
her total money stocks were Sla.-
el1.740337. the report said
AT The end of June a total Of
s.. 567 Q88. 4q8 mn money was i'm ar
hands Of the public. compared with
$3.50 $50 .286 ON Nav 81 Included
nm the total monetary CtoCSS rs Of
June 30 WAS gold valued at S9ll5,-
SSO.sUq and Federal Reserve notes
amounting 10 S3,f9? $685.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-06
Commercial Banks Aided

Commercial banks. such as Guar
anfy Trust Co Chase National. Ma
tional City and First National. VIII
be IN = position to bolster their
earnings UNNECESSARILY. The restriC-
tiOns on The mount OF underwent
ing permitted each bank are not
considered onerous in these cases
one effect of The bin may be to
shift the emphasis from i r Nor
gan e. Co. as = dominating factor
,n underwriting. such as If was rrior
% 1888 n less prominent place
ln The field This result would stem
from the limitation that no bank en-
gage I'M any underwriting venture to
am extent greater than 10 per cent
of IFS capital and surplus
Chase National Bank accordingly
would be restricted to = S20.000.000
underwriting participation i'm . large
issue while the largest participation
allowed 10 the Morgan firm would
be S5500O00 or all the banks I'M
this city Guaranty Trust would be
allowed the largest participation
since it could assume S260OOC00 Of
an issue National Cltv's paruclpa-
ton would be restricted to about
SIS. $50 900
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-06
Car Cost Cut Aimed

Motor manufacturers. intent on
making 1886 a more profitable wear,
are bending every effort to reduce
costs on new models Minimum de-
sign changes Wu bring some save
ines. and greater output viii help
lower amt costs Elimination Of
hours restrictions on labor VIII be
another factor But the prize plum
win be savings ON materials
July motor output win hardly
exceed 100000 cars. against an csti-
mated $40 600 for June August VIII
be the low month Of 1888 all MAJOR
producers planning partial shut
downs before operations are begun
on new models June retail sales are
expected 10 add up to fairly good
total following the sharp Gr'0D IN
MAY resulting from the Chevrolet
strike. Pontiac sold more cars this
year to date than ID The whole Of
1884
Volume of third quarter business
may not be outstanding, bat d. will
he considerably better than last
year. uncasiness over the Washing
ton situation notwithstanding.
Residential construction is still
headed upward Fall buying In cop
per. textiles. shoes. etc. can't be put
of forever
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-06
Trends
State Employment,
PayrOlls Slump
During June.
BIZ FREDERICK WATSON
Times Financial Writer

rs open revolt. the House Of Rep
= resentstives last MonIsy reject
ed President Roos, -elt's demand
for a death sentence on al eun-
Necessary utility holding COM
psnies The action was re-
corded by the nov famous teller
vote. which doesn't record very
much. and next day the House
sga.n rebelled by passing the modi-
fed Wheeler Rayburn bill calling
.. regulation instead o. elimina-
ton. Repercussions Of the
teller count we're reflected in
charges and charges OF
power company and Administration
lobbying activities which resulted
IN an unanimous vote of the lower
branch to conduct an investigation
OF the matter. Wall Streets
first reaction TO the demise Of the
death clause was a swell OF buying
orders In utility stocks The dem
onstratsiOn did not last long how
ever. and gave way 10 dizziness and
modification Of gains A tenn
pOrary restraining order prohibit
ing viii r. Smith internal reve-
nue. collector, from collecting pro-
Ccssinc taxes from seven meat
packers and milleTs IN Indiana was
issued by Federal Judge Walter G
LIndley Of Illinois. sitting M In
dlanapOlis IN the absence IF Judge
Robert C. Bsltzell Constitution
atty Of the Agricultural Adjust
ment Administration and the pro-
Cesslng tax IN particular was at
tackled in each Of the suits
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-06

A GRANT Of s4f1946 $50 for l143
- Indiana works-rolef projects
which viii give emp orment 10
2.709 persons within HE next 10
days was approved by Presi1ent
Roosevelt InGiaua was one Of
three states 10 share nm The $40
Don 00n works relief fund ailot-
ment iust approved Harry =
Hopkins works-progress director
announced The state and local
subdivisions VIII provide S714i.-
$50 n augment The Federal fund
The program VIII he launched
early next week Wayne Gov. state
and regional works progress dI-
rector. said A tentative agree
ment between the city Park Board
and The indianapolis Power and
Light 60 was made whereby The
board viii be supplied with cleo
trtc power at am annual cost of
s33 400 Heretofore the cost has
been $4,000 annually a new five
YEAR contract Is 10 he drawn mp
within few days. providing for
both meter and for park and boule-
ward lighting service a l0-year
contract has Just expired Gus
toms revenue amounting On So
300 $50 for tho fiscal year ending
June 20 place Indiana at the head
of an United States districts m
,,~ft,t ~ 'it,rrra-r Wrrav FIop1if7-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-07-06
GovERNMENr BONDS


Home Owners Loan Corn
2a4s 1880 ....--.-.... 100 70 100 ~
IS 1852 -....-.--.. 1923 1924
The Coolidge examiner., 1935-01-11

death Of ten people out OF each
100 600 Of our population, the
next country, Greece, is a poor
second, with five. In England,
but one out OF each 100000
dies because Of criminal under
takings.
Tha greatest fight on crime
ever attempted in this nation Is
now being carried on by the
Federal government. and that
Is one Of the new Federal activ-
ities, perhaps the only one,
which meets with unqualified
support Of all the people. So
far, the government has been
extremely successful. Its agents
have eliminated a number OF
underworld kings, have fright
encd others into hiding. Where,
IN many eases, local police are
corrupted. Federal men are
moved continually about from
place TO place 30 insure that
they will make no undesirable
connections, viii not be known
TO the criminal element where
local police are often inefficient,
Federal men are college trained
and are instructed in chemistry
aud ballistics, all the sui jects
that make successful crime
fighters Where a small force
OF local officials could sometime
be int.midated, that is iinpossi-
bic with Federal men because
their number Is not limited,
and the criminal who doss
bump off a Federal agent, can
look forward to two more i'm
medlately taking his place. The
whole power Of the Federal
government, with its unlimited
resources IN money. men and
equipment, is tnrned loose to
effect his capture and exec Ition.
1t is pleasant to be able to
report that all the signs point
to major crime being "on the
run" in this country
The Coolidge examiner., 1935-01-11
TO BE SUCCESSFUL
AND A HAPPY MAN

ITO be n successful and o
happy man said DIR. Foo Hee
Seng before the Malaccas Ro-
tary Club, you should remem-
Der that life consists OF days,
not years. Days are all We are
sure OF. Too many drift along
and forget the approach Of that
final event called Death. Time
Is everlasting, but you and |
have only a wee bit Of it.
There is nothing in the world
so precious as Time and so
scarce Ii is more important
than money and is above gold
and power. II is the one price
less possession that everyone
owns and yet nearly everyone
wastes, throws it about. and
never gives a thought until il is
all gone We have no days TO
waste. We need every one Of
them in order TO build a rich,
colorful life.
I'VE should not defer happi-
ness, as misers do. We should
first make a home the best we
can afford, then bring the full
ness OF life into that home.
Appreciate what you already
have and then you are fit to
have more. Never postpone a
job because il is hard. Don't
depend too much on hope. Re
that an ounce of hap
piness is worth a ton of hope"
The Coolidge examiner., 1935-01-11
NEW WEALTH FROM SOIL

New wealth which comes from the
soli is Of special interest 10 those 90
whom falls the responsibility OF
maintaining our credit structure.
Unless agriculture Is successful
farm borrowers cannot ultimately
succeed. neither can the banks thes
serve. Foreclosure sales are not
sound basis for good farming o.
good banking. Bankers. therefore
are as much interested In the per
manent success OF the agricultural
Industry as are the farmers. wheth
er the deposits come directly from
farm patrons. or Indirectly through
the ordinary channels Of business
ID. II. Otis. Director OF Agriculture,
American Bankers Association.
The Coolidge examiner., 1935-01-11
NATIONAL SAVINGS
MARK INCREASES

NEW YORk.-The annual say
lngs compilation Of the American
Bankers Association for the year
ending June 80. 1884. shows that for
the nrsi time since 1880 total sav.
ings in all American banks recorded
an annual increase.
A statement by W. Espey AIbis.
Deputy Manager OF the association
In charge OF its Savings Division.
In the organizations monthly maya.
kline Banking. says that savings
deposited in banks as OF June 30.
1884. gained 5.5 per cent as com.
pared with a year earlier.
The aggregate is an Increase
over last year OF s742.I32 900. the
nrst since the year which closed
June 30. 1880" he says. This is a
notable achievement. for the decline
since 1880 had been preeipitate and
all-embracing. In that year savings
had reached the ail-time high OF SIS,
iis.sSl 200. year ago the amount
was s2i.l25.53i.Oo0. a loss in three
years OF s7.353.os7 200. This year the
figure stands at s2l .s67 $50. 600.
"Depositors. too. have gained In
number. going from 3s.262.442 Oh
June 30. 1888. 10 3g.562.l74 on June
80 this year. gain OF 29s. .732. Four
years ago there we're 52.729.432 de
posiiors. or one depositor for each
% persons in the country. Now
there is one account for eech a2
persons"
The Coolidge examiner., 1935-01-11
MANY BANKS LONG LIVED
In the United States
les Banks over 100 years old.
z.472 Banks over 50 years old
l0.59l Banks over Is years old.

There are in the United States les
banks that have been in continuous
existence for more than one hundred
years. There are 2.t72 banks over
atty years Old. while s4T Of ali the
banks In this country. or 1881. arc
twenty-five years old or older.
In other words. practically two
thirds OF the banks In this country
have come through several success
hive periods OF depression and pauic.
including 1907. 1914. 1890 and 1929
ss.
The oldest bank IN the country is
IN Boston. having been chartered
February II. 1854.
In the stg OF banks that are twcn
ty-ave years old or older Is lodged
a major portion OF the banking re
sources OF the nation. In comment
ing recently upon the stability Of
great majority of the banks IN the
United States. Or. Harold s,ouler.
Educational Director OF the Ameri
can Bankers Association. said;
The fact that We have so many
banks that have been In existence G
long period of years IL an eloquent
tribute TO the genius OF American
managerial ability. for no other
country has experienced such wild
gambling eras and resultant period
OF business slagnation as thosc
through which our country Ia
passed al frequent intervals during
the past century"
The Coolidge examiner., 1935-01-11

the severe drought year Of 1894
farmers Increased their corn plant.
mss by over ten million acres. The
yield per acre followed the usual
trend and returned 10 two bushels
above average. As iadlcated In tha
above graph, a record crop resulted,
{ n December /. 1884. the price os
corn was IS cents per bushel as
r""n'rcd with approximately IS
roEi7 i~' 5ushel tho preceding year.
b. 1857. hog production had been
greatly stimulated aud prices were
los er.
The 1898 corn. hog production ad.
iusiinent prortf'7 offered by the
Agricultural tl .nent Admins.
iratioH pro..sas farmers with an
opportunity tyr avoiding a similar
reaction 70 the rent drought sit.
uation