davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
PORKER PRICES
DROP 10 CENTS
Choice Weights SaIabIe at
$8.65 Down; Receipts
Number 5000.

First decline for nearly a week
was evident in the pork market in
early trading at the indianapolis
StockyardS today, resulting from a
larger run of supplies on hand as
compared with previous sessions.
Receipts were estimated at ap-
proximately 5000, the largest num-
Der on hand since the early part OF
last week. This was believed the
major factor in sending prices Of
practically all classes 10 cents lower
than last weeks close. Holdovers
numbered 1874.
Despite the slight decrease, prices
for good and choice weights held at
$685., a new high for approximately
four years. Initial trading held at
an active pace and a fairly heavy
demand prevailed in all classes.
The bulk, 100 to 275 pounds, was
selling at $3.50 to $3.50.
Extremely heavyweights, ranging
from 275 upward, cashed in at 1925
to $845, while light slaughter pigs,
weighing 100 to $50 pounds, were
salable at $6.75 to $775. Smallest
kinds available, scaling from 100 to
100 pounds, brought $3.50 to $3.50.
Good packing sows sold at ST to
$765.
With no change of Importance
registered in the cattle market, most
slaughter classes of steers held
slightly higher, but early sales re-
manned around steady. Early bulk
of steers was valued to sell at SO
down. Receipts we're 900 VealerS
also remained unchanged, selling at
SO down. Receipts were 500.
With trading interest in the lamb
market centered in native grades.
which we're largely 25 cents lower
than Saturdays close, practically
all fed western stock remained I'M
sold Bulk of handyweights sold at
$3.50 to $875, while heavies brought
$3.50 down. Throwouts cashed in
at $3.50 to SO and slaughter sheep
ranged from $3.50 down. Receipts
numbered 3000
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
Other livestock
(By United Press)

LAFAYETTE. Feb. 18-Hog market
$50; 10000 lbs. sa.s5gs.4o: 566-ssSS lbs ibs
s825 10000 lbs $4,000 90 e. I?o3l6o lbs
rs ibs 10 iisi25 Ds z0 55s
635: l00-1l5 lbs. $500 SIS; roughs. $3.50
down; calves. steady. So down; lambs $3.50
down.
TT. WAYNE. Feb. .ls-Hogs steady: 200
is u.s. Sis s $4,000 Y l6s SO 'qa2 e.
i40 lbs. s675 12O-13O lbs, $3.50; lOO-12o
lbs. Sc; roughs, 81; stays. SIS. Calves. SO:
lambs. $3.50
(By Times Specially
LOUISVILLE. Feb. lS.-Cattle---Receipts,
300: supply light; general quality better
than week ago; market. extremely active;
slaughter steers and heifers full 50d7 5c
higher: spots up more; COWS, 25d SOC high
err; very little done on sausage bulls; gen.
orally asking Csc higher or up to IS for
dunn steers and, heifers. s5.75G8; several
lots and part loads better finished offer
ings. S8.50Gl0; latter for s7.4lG 500. and
Glib. weights; bulk beef COWS, S4.25G5 so;
good kinds and smooth heifer types quot
ters mostly s2d3.75; stocker trade moder-
ately active; steady bulk beef type stock
calves, s6G7; inferior and common light
southerns. $50 down. Calve-Receipts.
$50. including $50 stock calves; market.
eTseSS v ei s768; medium and lower
grades. $3.50 down. Hogs-Receipts. 100;
market, i0c lower than last Friday and
Saturday; top and bulk desirable lso-250
lbs 50. 50; 255 lbs, up. sS05; l6o-l75 lbs.
soWs, Sc, IS. sheer-Receipts, 100: steady;
bulk medium to good lambs, s7ds; choice
ouotable around So So common throwoutS,
Sc; fat ewes. $3.50 down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
CAR LOADINCS
CONTINUE CAIN
OVER YEAR AGO
Freight Volume May Top
1881 If Improvement
Remains.
By Times Special

By Times Special
WASHINGTON, Feb. 8.-Car
loading statistics show continuance
of the improvement in general
business which began in November,
the Railway Age declared today.
The increase in loadings in the
week ended Feb. was relatively the
largest since the improvement be-
gan.
The seven month recession of
loadings that commenced in April, !"
the publication said, reduced them
from about 81 per cent of the 1925
1929 average in March to about So
per cent of that average in Octo-
Der. They increased to almost 81
per cent of it in November, to al
most so per cent Of it in December
and to more than so per cent of
it in January.
In the week ended Feb. 2 they
were 643 per cent of the 1925-1929
average, or relatively larger than
in any week of 1884 excepting one
week in March and one in April.
They were per cent larger in the
week ended Feb. 2 than in the cor
responding week of 1884, % per cent
larger than in 1888 and 40 per
cent larger than in 1923.
statistics regarding the groups
of commodities in which increases
or decreases of loadingS occurred
in the week ended Feb. 2 give sig
nif1cant indications of recent trends
in both railroad and general bust
ness. LoadingS Of both grain and
livestock were less than in 1884,
doubtless owing to effects of the
great drouth last year.
Loadings of less than carlot mer-
chandise we're less than in either
1884 or 1888, which doubtless re-
fleets the increasing inroadS Of
truck competition.
Goal loadings increased 16 per
cent over 1884 and As per cent
over 1888. Forest products loadings
increased 81 per cent over 1884 and
SO per cent over 1888. Loadings
of miscellaneous freight, which con-
sistS principally of manufactured
products, increased II per cent over
1884 and 81 per cent over 1888.
There was also an increase in ore
loadings, but shipments of it al
ways are small at this time of the
year.
1.-THE groups of commodities the
loadingS Of which increased plainly
indicate expansion of industrial
production and of construction. The
increase of forest products ship
ments undoubtedly is mainly due
to enlargement Of the demand for
lumber caused by passage of the
National Housing Act, the most
cor vructive piece of legislation yet
enacted to promote recovery.
IF the increase of car loadingS
which has been occurring for more
than three months continues rail-
road freight business will soon be
substantially larger than since
1881"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
PURCHASING POWER
OF DOLLAR DROPS
Unit Held in Common Stocks Dips
IL Per Cent in January.

Unit Held in Common Stocks Dips
Al Per Cent in January.
BIZ Times Special
NEW YORK. Feb 18.-The pur-
chasing power of the dollar held in
common stocks showed a decline OF
IL per cent during January. the
monthly survey of Administrative
and Research Corp. said today.
During the same period, the pur-
chasing power Of the dollar held in
cash declined IS per cent. The
dollar held in bonds decreased 10
per cent.
Wholesale commodities, as meas
ured by the Bureau of Labor whole
sale commodity index. stood at 791
on Feb. ?. as compared with I'll
on Dec. %. 1884 Thus the pur-
chasing power Of the dollar held in
cash fell IS per cent during the
month.
AS measured by DOw-Jones indus
trial averages. common stocks stood
at 1899 at the beginning Of the year
and 1922 on Feb. ,. When the de-
crease in the purchasing power Of
the dollar held in cash is taken into
consideration. this shows a loss Of
IL per cent in the purchasing power
Of the common stock dollar for the
month.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
Produce Markets

Delivered in Indianapolis prices: Heavy
breed hens. 13c; Leghorn hens. go; COL
ored springers. l3c: heavy stays. &c: Leg
horn stays. &c: old ROSTERS Sc; ducks,
full feathered and fat, l0c; geese full
feathered and fat. &c; all classes Of
guineas. 15c; No. l strictly fresh country
run eggs. loss off. 22c. Each fun case must
weigh SIS lbs. gross, deduction of 10c
pound for each pound under IS lbs will
be made. Butter-No. l. 39n 40c; butter
fat. 36c. Quoted by the Wadley Co.
by United Press
CHICAGO. Feb. Eggs-Market. weak
receipts, Bill cases; extra irsts. 28c: fresh
graded farsts. 29c; current receipts. 26lzc;
dirties. Csc; checks, 24lzc. Butter-Mar-
ket. weak; receipts. $3.50 tubs; ezra firsts
(90-9ll2 scorel. 3494 a Csc: extras t92
score. 35i2c; f1rsts (8808 91a scorel. $40
34l2c; seconds (66@87i2 score. 33033l2c:
specials. 36N35l2c: standards. 35c. Poul-
tfy-Market steady; receipts. 20 trucks
capons, 6 to lbs. 23c; old ROSTERS. 1870
lac; ducks, ia zoe; turkeys. 19021c; geese,
lac. stays. i5l2c Cheese-TWins, liza
1714c Daisies. 171a n 1774c: Longhorns
17l2GI794c. Potatoes-Supply liberal: de-
Idaho russets. s1.4212m145; commercial
grade. s1.27I2. Arrivals 1856 on track 800
Shipments 1858 Saturday. % Sunday.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
GRAIN VALUES MOVE
DOWN FRACTIONALLY
Scattered Liquidation Sets
In After Opening.
By United Press

BY UHtteG PTeSS
CHICAGO, Feb. 18-Uncertainty
over the gold decision forced scat
tered liquidation in ngrains on the
Chicago Board of Trade today and
prices moved lower.
At the start wheat was Il to 4
cent lower, corn was off a to z
cent, oats we're down 1s to p cent,
and rye was Il cent lower to a
cent higher.
There was little activity at the
start as traders hung back awaiting
the supreme court decision. Little
attention was paid to firmness at
Liverpool where good demand
sprang up from China and Japan.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
NeIU York Curb
INSURANCE VOLUME UP
Lumbermen'S Mutual Casualty Co.
Has Increase in 1884.
By Times Special

3D. fHT6S Dp6CEuT
CHICAGO, Feb. 18.-The Lumber
mems Mutual Casualty Co. during
1884 continued to show increases in
volume of insurance written, in as
sets and in surplus, which has been
the case since organization of the
company in 1912, it was reported
today.
Premium income during the year
increased from $4,000, 1875 to $18,-
3O7, 57546, a gain of $2,3O3, 37761, or
12.5 per cent. Assets, the market
value of which is in excess of the
statement value, increased $780,
922.83, the report stated.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
FRUITS AND VEGETABLES
by United Press

CHICAGO, Feb. I8-Apples- Michigan,
Mcintosh, bushel. s1.4O@ff5; Jonathans,
$1.65d1.S5. .CCranberries;m,s Massachusetts.
MIA, crates. s1.15@1.35. Turnips-Illinois.
bushel. $50 40c. Lettuce-Western crates.
S265@3. Parsnlps-Illinois, bushels, 500
COO. Beans-Florida. bushels. green, s26
225. Spinach-Texas. bushels, fat, sI.75@
/ 85 Tomatoes-Mexican Jugs, S3.50d4
Sweet potatoes-Tennessee bushel. 90c a
81; Indiana, s1.25G1.35. Beets-Illinois,
bushels. 4OG SOC.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
AIR TRAFFIC DROPS
Lines Carried 461.74S Passengers in
1884. off Per Cent

81 Times Special
WASHINGTON. Feb. 1S.-Do-
nestle scheduled air lines carried
46I. 74s passengers in 1884. the air
commerce bureau Of the Depart
ment OF Commerce announced in
publishing final statistics.
This compares with 493.l4l pas
sengers in 1888. indicating a de-
crease Of more than per cent.
other statistics on the operation OF
domestic scheduled air lines in 1884
compared with 1888 are: Air ex-
press poundage. l9S4-213S.1el: in
IeS3-I.5l0.215: miles flown. 1884
4O.s55. 1893: in Ie33-4S.77l $50; pas
sengers miles flown. I93A1S7.S5S.-
62e: in Is33-173. 492.lls.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
REPRESENTATIVE NAMED
By Times Special

o y IHEts sptCIuE
FIT. WAYNE, Ind, Feb. 18.-Ap-
pointment of M. L. McDermond IS
representative Of the Lincoln Ma
tional Life Insurance Co., was an
nounced here today. He will con-
duct business at the Burkhart &
Moore Office.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18

10 also has a great
many a chieve
ments TO its credit.
The same may
be said Of almost
all industries and
most Of our insti-
tutiOns. Their ex-
cellent achieve
ments have been
obscuTed by the
consistent calling
of attention TO the
mistakes they have
n a d e. The de-
preston has made
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
CAR, TRUCK OUTPUT UP

Of IHtbo NptCtuI
DETROIT, Feb. 18.-Automobile
and truck production during the
week ended Feb. 16 registered an
other new high for the current year
with a total of 82,119 units, COM
pared with 78,453 last week and
1874 "a year ago, according to
Grams Reports, Inc.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
SUGAR PAYMENT SHOWN
Farmers Have Received S1,667, AGO
Under Control Program.
By United Press

by UHIItU PTtSS
WASHINGTON, Feb. 18.-Farm-
ers participating in the beet and
cane sugar control programs have
received 81 ,667, 400 in benefit pay
ments, the Agricultural Adjustment
administration announced today.
Payments by states we're: Colo
RADIO, S203 ,078; Idaho, $4613; Kan
sas, S59,018; Nebraska, $143,O29;
South Dakota, $14,479; Utah, 1884,
706; Wyoming. $181 ,9O5, and Louis
lana (cane), $676,657.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
BONDS TO MATURE

By tmeS Spectdt
NEW YORK, Feb. Incorporate
bond maturities during March will
amount to 39,524,325, compared
with S75,O57,850 in February, the
Standard Statistic Co. announced
today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
Wall st.
Byles Defends Oil
From Attack by
Harold IckeS.
by RALPH MISUNDERSTOOD
Times Special Writer

NEW YORK. Feb. 1s.-Axtel ].
L ' Byles. president OF the
American Petroleum Institute. quite
properly replies TO what he regards
as an attack upon the good faith
OF the entire American petroleum
industry" by Secretary Ickes. Fed
eral oil administrator. He says the
industry admits 70 faults, but that
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
Stock Studies

The use of rayon has increased
very rapidly in recent years. In
dustrial Rayon Corp. developed into
one Of the four largest manufactur-
ers of rayon yarns in the United
States.
II operates under the viScose
process. Because Of the modern
plant equipment Industrial Rayon
may be considered one of the lowest
cost producers in the industry. The
company has also developed methods
of coloring rayon yarns, which
process holds much future promise.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
FINANCIAL DATA

Industrial Rayon was incorporated
in 1925 in Delaware The capital
stock is listed on the New York
Stock Exchange. At a current price
Of around 81 it sells TO yield 5i3
per cent and for nearly Il times
earnings.
(Au rights reserved. Winchester Institute
OF Finance. Winchester. MaSs.l
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
LOCAL CASH MARKET

City grain elevators are paying 90 cents
for No. soft red wheat. Other grades
on their merits. Cash corn No. 3 yellow
"a cents and oats Al cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
What Does IL Mem?

BimetaHism When government sets up ta0o
metals as legal tender and fres the ratio of rate De-
tween the t1co this is knoacn as bmetaSm Use Of gold
and siluer together aCould bring this about.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
On Commission ROJU

Quotations below are average wholesale
commission dealers.
5ps s. Golden S Ap Bsco In
sl.75@l IS. Lemons, sqnkist, 26Os, .s4.25.
64s, 7Os and 80s. $3.50. Lines, Mexican,
per carton 12s, Csc; Byram. seedless. per
hundred, SO. Pineapples. Porto Ricans,
half crates, $3.50. Avocados, Florida, box,
$3.50. Strawberries, Florida, pint, 12c,
sept. crate. $3.50. Apricots, So crate.
5o-lb. bag, s1.25; red, 5o-ib. box. $I25;
New Texas cabbage, large crate, $3.75.
onions. Idaho. sweet spanish. large. So
Id. bag, So; Michigan yellows, IS lbs, $50;
western white. 50-lb. bag. 81 Michigan
yeeIloy. sI25. PStatOes Green Mopntai,ns
10O-ib.. bag 81; ohios, 1oO-l6. bag, 81;
Idaho Russets, 100-lb. bag. 81 80: New
Florida Triumphs. bushel, S2.25. Sweet po
tatoes. Indiana Jerseys. 'bushel. S1.65;
Tennessee Nancy Halls. bushel. S135. Beans.
round stringless hamper, $3.50; fiat, $2.75.
81 a crate; medium, dozen, soc; jumbo,
dozen. 90c. Cucumbers, hot house. dozen,
81 40; dozen box, 81 so. Endive, California,
8 doz g seG R sGs BASKET BASKET 81 Egf Plant
house. 15-lb basket. s15O; Arizona Ice
berg head lettuce. $S75. Manages. Florida.
crate crate g. P Mn Dunch Sc f PaTseB
Texas, bushel. !s1.85. Radishes dozen 600 Use.
Tomatoes 1o-lb. carton, $3.50; Florida
original. 50. rs. Turnips. bushel. 75c. Pars-
nps bushhei $ls5 Be 1eGn Oushs 12s
Rhubab Sot house 5S carton sasT Sc
Mushrooms. lb.. 3O@35c.
All quotations subject to change up or
down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
INDUSTRY FINDS
PASSE PLANTS
RETARD TRADE
Requirements Will Cost
From | to d Billions,
StatiStiCianS Say.
BY BARROW LYONS
Times Special Writer

NEW YORK, Feb. 18.-Heads of
large manufacturing corporations
today are doing some of the hardest
figuring of their business careers.
With most of the indices Of indus
trial production pointing sharply
upward the problem of the obsolete
plant Is looming as one Of the
toughest to solve-and most impor-
tant-that industry has to face.
II has been variously estimated,
for instance. that it would require
from one to four billions thoroughly
to modernize the present plants Of
the steel companies. Henry Ford Is
building a mill in which, he declares,
he is going TO teach the industry
how to make cheap steel-and hall
of his outlay, Business Week de-
clares, will be for electrical power
machinery.
In refuting the assertion OF Gen
Charles G.. Dawes that its estimate
Of producing capacity is at least
Is per cent too high because Of OBJ
solescence, the American Iron and
Steel Institute asserted that two
companies we're producing at 100 per
cent capacity. while the balance
averaged below so per cent.
The inference that has been
drawn from these figures is that the
plants best equipped with modern
machinery may be getting ready to
take the lead in the race for bust
ness ahead, because of lower costs.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
S3O,OOO,OOO Spent

Mr.. Mckee estimates that more
than a billion dollars should be
spent in modernization by steel in
the next five years. The magazine
Steel estimates that about $40, 100000
already has been spent for new strip
and tube mills, and that about the
same amount is now definitely
scheduled to be spent in 1885.
The Textile World reports that
1885 will be a banner year" in mod
ernization of textile machinery.
1T must be evident to even the
most casual student of textile
affairs" writes Douglas G. Woolf,
editor, that companies with in
efficient plants are going to have
an increasingly difficult job in get
ting by. There is in the cards for
1885 a greater premium on quail
ity goods and efficient manufacture
ing
Furthermore, there is now
partial answer to the no funds
abb. Jesse Jones, chairman Of the
RFC, stated recently that his Or
ganization will consider loans for
replacing machinery and equipment
where existing capacity is not ma
terially increased. Uneconomic units
must revamp and modernize."
Business Week recently reported
that chemical industries were plan
ming to spend S1O0,000.OO0 in mod
ernization.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
GREAT MAJORITY or ACCOUNTS BANKS WITH DEPOSIT LIABILITIES
OF OVER so MILLION INSURED FDC STUDY SHOWS


by
dinttuto according
toal in in OF
C.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18

the ears Of the average man par
ticUlarly receptive 10 SANDER. and
the defense Of our economic sys-
TEN has been so weak as TO have
been lost almost entirely.
We still have many industrial
accomplishments OF which we may
justly Re proud. Despite the fact
that We are young nation. par
ticulsriy in respect TO industry and
finance. We have taken world lead
ership in many important respects.
We build better automobiles, We
construct better buildings, We have
excellent railroad systems, superior
hydroeIectric properties and wide
list Of other achievements.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
Auto Trade Reviewed


automobile industry the NRA Re-
search and Planning Division re-
ported that many labor-Saving de-
vices had been introduced in the
mOderniZation process. 1t also re-
ported that while three of the domi-
nant companies produced II per
cent of the automOtive vehicles in
1929 their lead increased to 88 per
cent by 1884.
The opinions of a few authorities
upon the enormous need for re-
placement which now faces Amer
lean industry are Illuminating.
Arthur G.. Mckee. internationally
known iron and steel plant en-
gineer, of Arthur G.. Mckee & Co.,
is quoted in a recent issue of the
magazine Steel as follows:
To-day a very considerable part
of the Institutes 100 per cent ca
pacity is not only decrepit but
obsolete, and hundreds of millions
of dollars must be spent in the next
few years if this industry is to con-
tribute its share to the rebuilding of
the industrial equipment of the
country. which means operation
over a long period as near to our
present 100 per cent rating as pos
Sible.
If the present enormous credit
possibilities of our banking system
could be released from the dam Of
investment control which is holding
them back, capital goods industries
would shortly enjoy a period of
prosperity which would absorb
promptly. and at good wages, all of
those who are unemployed and
really want to work"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
Money and Exchange
T~pIANAPoLIs STATEMENT
rREAsURy STATEMENT

WNEA>I n IN LNIENA
BY UNI Press
WASHINGTON. Eeb. is-GoVernnent
e1uenses anc receipts FOR the current rs
csf vear 70 Feb IS compared with the
eorresponoinE period Of the previous fiscal
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18

XTOUR correspondent has little
4 time for those who are OPP
posed to change when it is in the
direction Of improvement. but he
is equally out OF sympathy with
those who would bring about
change for changes sake. Change
or reform. as it is sometimes
called-might even take us back
ward. And safety. If 1t must be
achieved at the expense Of prog
ress. may not be as highly oeSlr-
able as it might seem.
The retail price of gasoline IN
1894. according to Mr.. Byles. was
half that of fifteen years ago. This
reduction. brought about through
individual initiative. was boon TO
the country. or would have been
had not taxation Offset it to a very
large extent. Taxes on gasoline
and motor lubricants amounted TO
more than S754.OOO.O00 in 1884.
Spent for other things. it would
have given useful employment to
a great many people. Perhaps, If
the reform" in business practices
were spread to include the excess
cost Of government. the lot OF the
average man might be easier.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18

VEN the New York Stock Ex-
IL change. which has been
scored so bitterly and often in re-
cent months. offers much superior
facilities for trading than any OF
the European exchanges. The
London and Paris exchanges, for
instance. do not have even a
ticket system where transactions
can be Immediately recorded and
where the public can keep in con-
slant touch with dealings.
We have not developed our in
vesting and banking sciences as
well as they have in some other
countries, but it is worth consider
ing that had we been as adept IN
those respects. we might not have
witnessed such a rapid industrial
growth. In other words. some OF
our investing and banking faults
may really have been virtues. We
at least have been aggressive.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18
INSURED BANKS INSURED ACCOUNTS

Deposits in Thou sands Of D!
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-18

a d5s Pm from oss DEPOSITS Shown on BANKS