davidaulloa/AmericanStories huggingface dataset:
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1936-04-02

WANT ADS
Rate cent per word per insertion.
Minimum Is cents per insertion.
Copy for want ads must reach the
American office not later than Wedncs-
day noon to insure insertion in that
weeks issue.
FOR SALE
FOR SALEABrown leather uphol-
stored bed davenport, $40. Geo. Lin
degaard, Askov. 25w29-1t*
FOR SALE-Good four-wheel trailer
with adjustable bunks.-J h n
Walsh, Bruno. 25w2S-1t*
FOR SALE+Medium red clover seed,
15c per pound.-Anton Markus, Rt.
1, Box 5, Willow River. 25w29-1t*
FOR SALE-New tractor stump hook.
First here can take it at price that
will surprise him.-American Pub
fishing Co., Askov. 25w29-1t
FOR SALE+Good farm team Weight
about 200 pounds. Priced reason
ably.-Adolph E. Ova, Arthyde.
25w29-1ts
FOR SALE-1OOO-chi size James
way brooder stove, used very little.
Price $6.-Tracy Street. miles
east of Sturgeon Lake. 25w29-1t
FOR SALE-Four 32X4 cord tires
with tubes, for less than half price.
John A. Grabau, Willow River.
25w29-1t*
FOR SALE Brown Swiss bull calf
from a good COW. Also a pair of
geese. Wanted MinruS OATS
James Novek, FinlaysOn. 25w2S-1t*
FOR SALE CHEAP Beekeeper's sup
plies. Hives, supers, frames, bees
wax comb foundations, etc.-Mrs. K.
Day, Rt. 1, Sandstone. 25W29-1t*
FOR SALE-Two purebred Holstein
bull calves.-M. }. Nelson, 3 miles
north, 2 west, y mile north,
Askoy. 25w29-1t*
FOR SALE OR TRADE-1931 Model
A Ford coupe; motor completely
overhauled.-Seb Motor Sales,
Askov. 25w29-lt
FOR SALE-Good sound mare colt,
three years old, weight 1900 pounds.
Paul Rudolph, "a miles northwest
of Groningen. 25w29-1Cs
HORSES FOR SALE-in Miller's barn
at Finlayson; ages four years and
older. Will be there for next ten
days or more.-H. J. SabOe.
25w29-1t*
FOR SALE-Black Percheron stallion,
1900 pounds. My farm work does
not permit me to stand two stall
lions-B. w. Street, Sturgeon Lake.
25w29-1t*
Cheap for cash, or will trade for
brood SOW, hogs, etc.-Arne Roland,
5 miles southeas of Askov.
25w23-1t*
FOR SALE-Mare, ~ years old. and
two high grade Guernsey bulls, Z
days old.-August Kruger, miles
west of Bruno on County Road E.
25w29-1t*
FOR SALEIYoung Guernsey cow, to
freshen April IA. Reasonable price.
See or write Beda Berger, 1919
miles east, 21a miles south of Sand
stone on Fleming Logging road.
25w29-1t*
FOR SALE OR TRADE-Twelve head
work horses, 1900 to 1900 pounds,
broke and gentle. Will trade on
sheep, cattle, farm implements, wa
CONS and sleds.-AXel Olson, Den
ham 25w29-1t
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1936-04-02

FOR SALE Brown Swiss bull calf
from a good cow. Also a pair OF
geese. Wanted II inrus OATS
James Novek, FinlaysOn. 25w2S-1t*
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10
M'C0TTER NAMED HEAD
OF INSURANCE UNION
Mutual Group Holds Fortieth An
nual Meeting.

Gage McCotter today assumed his
duties as president of the Mutual
Insurance Companies Union of In
diana, following his election at the
fortieth annual meeting of the union
at the Claypool last weekend.
Mr.. McCotter, who is also secre-
tary of the Grain Dealers National
Mutual Fire Insurance Co., heads
the new list of officers composed of
Artemus H Myers, vice president,
and Mrs. Glenna Watkins, secretary
treasurer.
New directors are Fred Billes,
Judson; Howard Uphaus, Richmond;
w. E. Clark, Fort Wayne; Carl Rus
sci, Mount Vernon, and Curv en-
Leaning, RomE<.y. D. w. Biddle,
Remington, is the retiring president
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10
POTATO PRICES,
SHIPMENTS RISE
Frost Damage UnsettIes
Market in Early
February.

Times Special
WASHINGTON, Feb. 10.-Potato
shipments, which were stimulated
somewhat by higher prices at coun-
try shipping points, increased mod
erately during the initial part of
February, the Department of Agri-
culture announced today.
Carlot movements of onions and
basket apples also increased during
the first week. With Northern mar
kets still under the winter influence,
trading was light and slightly lower
The continued severe cold weather
increased the cost and risk of de-
liverieS in many sections.
Considerable frost damage was re-
ported at most points and the offer
ing of partly frozen stick tended to
unsettle the market for ether grades,
the report stated.
CARROTS of produce sold slowly
during the last week, but supplies
on track were reduced and the gen.
eral market trend was steady to
firm with some price gains in pota-
toes, cabbage, lettuce and apples
Prices of sacked potatoes at mid
Western and Eastern shipping
points held recent gains, owing to
light holdings and fairly good
demand.
Weather conditions at Michigan
shipping points resulted in an adj
vance of Is cents, while similar
action due to the same conditions
was reported at many Eastern pro-
ducing sections. Onion prices showed
only a slight change, but senti-
ment was weaker due to incoming
reports of larger stocks.
The cabbage markets continued
firm, owing to the Interruptions in
Southern shipments. Stimulated by
an active demand, carrot prices also
were firm Price increases were
scattered in the apple division, with
markets for Illinois and Missouri
grades displaying slightly weaker
trend.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10
STOCK MARKET
WEEK IN REVIEW
By United Press

By United Press
NEW YORK, Feb. 10.-Stocks rose
to new highs since 1881 last week,
while the average for 40 representa-
tive bonds made a record high, the
dollar regained its equilibrium after
sinking spell, and commodities
eaSed off in the average.
Business indices continued to
make a favorable showing. Gains
were noted in car loadings, electric
ity output, steel production and
bank clearings. Automobile produc-
ton declined.
During the week there was a turn
about in the gold stream that had
brought gold holdings of the United
States to record high at $10,172,-
100000. Shipments were made to
France and Holland of more than
100000 Then the dollar ad-
vanced to where gold export no
longer would be profitable. Bankers
believed the movement would not
continue because of the inherent
weakness of the franc and the
strength of the dollar.
Chrysler Hits Stride
Less was heard of imitation but
the stock market continually adj
vanced. United States government
bonds rallied as the Administration
gave the impression it would adhere
to orthodox principles in its f1nan-
cial operations.
The Chrysler Corp. report for
1885 revealed a record net profit of
$8.07 a share, and directors declared
81 dividend, record high pay
ment. The stock crossed IS for the
first time since 1929 and then ran
into profit taking.
Disappointing to the automobile
industry and traders were the de-
cision of General Motors directors
in ordering the regular dividend
when an extra had been antici-
pated, and a sharp decline in out
put. General Motors stock declined
on the week although most other
motor shares were higher.
Wire Issues Sensational
Falling off in orders from the au-
tomobile industry were more than
made up by railroads and the steel
industry registered another gain IN
output. Steel shares, however, were
little better than firm.
Communications issues we're SEN
Sational performers. American Tele-
phone 81 Telegraph and Western
Union each gained points or more
for the week. Investment buying
was heavy in the issues as reports
came of higher earnings.
There were good gains by some
other blue chips in the oil, utility
and railroad divisions. However,
toward the end of the week the
leadership of the market in point
of volume went to such low-grade
issues as Seaboard Air Line, Pack
ard, General Gas g. Electric and a
long list of coal company stocks.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10
On Commission ROw

fluctuations below subject to change are
average wholesale prices being offered to
BUYERS by local commission dealers)
FRUITS-Strawberries: Florida. pint
Howes. Eatmores, 25-lb. box. So Pears:
Washington D'Anjo Zoos boxl sS25;
washington Wash Bose OmdCSSl,l2Os Cali
Extra Fancy Emperors Sab sawdust
chesO. $3.50. Lines: Mexican carton
12sl, 2sc; Persian seedless (dozl 45c.
Dates: Fresh Arizona, $3.50. Bananas,
seven hands, pound, SC. Apples: Delicious
fancy baskets. Sl.75 Jonathans. 81 so:
Grimes Golden s1.25; Rome Beauty. sl65
Lemons; Sunk snnkist $685. S. Grapefruit
sunkist lsosl: So. Tangerines. Florida
VEGETABLES Artichokes, California
6doz9 sl;2s, Beans green. round string,
dog. cratel, $50: cut offs Cbul, 81 Brus-
bsge. New York Danish .l5o-lb. bagl
eS-doz. crateI. ss2s; Texas dsis.do "
eratei. si.75; .bushen, $3.50 cauiifloTer,
forGs Washed EDS and srf srm s cs ss
s1.os; Florida t4s. IS. IS, los crate), So IS.
Cueumbers. dollhouse tdoz.l. sl.s5; south
ern ,husheO, S. Egg Plant. Florida
lettuce. Iceberg Arizona best As. 5sl.
SilS- Endive. California tdoz.). e0c
Peppers, mangoes (craIe) S. peck bas-
kst. 81 20; tdG,l. SOC: Mint dollhouse
Mustard. Texas bushels. SIS. onions
Indiana. yellow l5o-lb. bagl 81 rs: IN
diana yellow tl0-lb bagl. CSC: western
Spanish t5o-lb,. bagl,. SITS: oyster plant.
home grown tdozl. Acc. Parsley southern
dong punches doz.l. SOC Parsnius. home
crown washed tbnshen, 81; (half-bushen.
60c. Peas. Florida thamperl, So Pota-
toes. Micntgan Round White C100-lb barl.
$50: Maine Green Mountains 1oo-ib'
bagl. $3.50; r. r.. Early Ohios 1O0-lb.
hegl. 81: R. r. cobblers. tloo-lb. bagi. So:
idaho Russets (I0o-lb. bag 50 so: Idaho
bakers t70s box. $40. Col McClures 100
p. bagl. s22s; New Texas. Triumphs $50
,bushen, 81; Tennessee Marcy Halls
enushei cratel, $50. Radishes. home
E5oTn sut, hison oaoz3 ,n sss White 4oc.
hssgas. neo.rthern ,so-lb. basl; ssc. Sage
zsc. spinach. New Texas fhushell. Sis.
Tuhnips: HON. grown washed tbushen.
sis0. Tomatoes, repacked tio-lb. box,
40: original Cuban t3o-lb. luigi. SO.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10
STEEL INDUSTRY TO
SPEND 100000, 900
Modernization Programs Outlined
by Various Mills.

Times Special
DEL MONTE, CAL, Feb. 10-The
steel industry is to spend approx
mately $200,OO0,O0O for undermining
equipment and for new finishing
capacity in 1886, Walter S. Tower,
executive secretary of American
Iron and Steel Institute, said to-
day.
1.-THE expected outlay this year
compares with $140,00O,000 in 1885"
Mr.. Tower said. These expendi-
lures will aid little or nothing to
the capacity of the industry to pro-
duce raw steel. Practically every
dollar is being spent to improve
methods of manufacture and to
make better product for the Gus
toner"
According to Mr.. Tower, employ
ment in the steel industry has
reached figure approximating the
totaal number of employees in the
years of peak activity in 1923 and
1929.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10
SWINE VALUES
RISE so TO 40
CENTS AT PENS
Sharp Increase Carries Top
Price to S11.15, Highest
Since July, 1895.

Extremely light shipments of
hogs received at various terminals
throughout the Midwestern district,
comprising II markets. resulted in
sharp upturn in porker prices to-
day at the indianapolis Union
Stockyards. Weights from 100 to
300 pounds were generally 80 to 40
cents higher than last weeks close.
Heavy butchers and underweights,
less active, were largely Is cents
higher. Transportation facilities
were hampered at practically all
points by ice-covered highways.
Most shipments were being received
by rail.
Today's strong upward movement
carried the top price for matured
stock up to $1115, a new high for
the current year. This was the
highest price paid for any classes
of hogs since early July, 1885.
Holdovers numbered AZ. The bulk
of 160 to 225 pounds sold at $11.05
to $11.15.
Cattle, Veals Higher
Medium heavy weights, scaling
225 to $50 pounds, brought SlO.85 to
$l095, while extreme heavy butcher
classes were Salable at SO 80 to 5000.
Light slaughter pigs, from 140 to
100 pounds, ranged from $10.25 to
$1,000. Others weighing, 100 to 40
pounds, sold at $9.75 to $40. Good
packing sows held at $8.75 to 1925.
The cattle market also was strong
with steers around IS cents higher.
selling mostly under $40. Two out
standing loads were valued at $3.50.
HeiferS were slow because of higher
asking prices and the bulk was
eligible under $3.50. Cows and bulls
were steady. Receipts were 1000.
With only approximately 800
calves on hand, the market was gen.
orally so cents higher. The bulk
of good and choice kinds sold at
$12 to $3.50. Lamb prices increased
Is cents with the bulk of fed west
ems Salable at SLOTS. Few native
held up to $1,000, while slaughter
sheep brought 1925 to S.. Receipts
numbered 1900.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10
Other livestock
(By United Press

LAFAYETTE. Ind. Feb 1o.-Hogs-Mar-
ket, 2O@s5c higher; 17o-2lO lbs, 10000
lbs, $40 .s5GIo.55 275S25 lbs S. sioGIo 90 =
100-17o lbs. $s.75G1O.25; roughs. se.25
down. Calves, $11.5o down. Lambs, $40
down.
FORT WAYNE. Ind. Feb. 1O.-Hogs-
Market Mar soc higher: l6o-180 lbs. -s11; 100
$50 lbs, slO65; 25O-275 lbs, Sl055 275-
300 lbs. 5000: 300-35 lbs, $40. IS; 140-i6O
lbs, $1o:35 120-14o lbs, S10.10; 100 100
lbs, S985; roughs, s8.75; stays. 81. Calves
$12 lambs. SIC so donw
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10

mortgage companies and others.
In the last two and half years
since July /, 1933-under the
Roosevelt budgets emergency ex-
penditures have amounted to
roughly $780, 100000. But if the
government had limited itself to
relief and work expenditures-to
aid the unemployed and produce
work-it would have spent only
about half that much.
A N IMMENSE amount of the
L n total was lent to various
groups. The greatest lender has
been the RFC, which has bought
stock in shaky banks, made loans
to banks, lent hundreds of mil
lions to railroads. The Commod-
ity Credit Corp. has lent money
to farmers. And there are other
lending agencies.
Some of these agencies have not
lent all the money they had.
Others have gotten repayments of
some of the funds lent. Hence
large sums or at least large credits
appear TO the account of these
agencies.
The RFC has in unexpended
fumes as of Jan. 81, $1,670,000, 900.
Various other agencies have large
sums available which they have
not yet spent-agencies which are
not lending agencies, like the
Works Progress Administration
which at the end of January had
credit of $916,0O0,OOO.
A LII that the President has
l. n done is to recognize that
these lending agencies do not need
all the funds allocated to them.
And so he is reducing their cred
its by billion dollars.
The lending practices of the
government should have come to
an end long ago. The continuance
of loans to railroads and other
private groups to carry on private
business is indefensible, partic-
ularly when the loans are made, as
many have been, to brace up crum-
bling capital structures.
The announcement, made with
flourish, may give an impression
that the President is becoming
economy-minded, that he is pre-
pairing to pull in his oars in the
field of spending, that, in matters
of finance, he is veering strongly
to the right.
But in effect it merely means
that some of these lending insti-
tutions will have billion dollars
less to lend, which is unimportant
since they have not drawn upon
these excess resources anyhow in
some time.
Copyright, 1896. by NEA Service, Inc)
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10
EMPLOYMENT GAINS

I IHtbS NpBCIuF
CLEVELAND, Feb. 10.-January
industrial employment in Cleveland,
as guaged by the Chamber of Com
merce index, showed increases over
both December and January, 1885,
it was reported today. Index figures
for last month were 949, compared
with CAT in the preceding month.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10

~ HluCll lido
been said of
gov ern m e n t
spending that
we have over
looked govern
ment lending a
little. All the
money laid out
by Uncle Sam
in the Roose-
welt r eco very
drive was not
spent outright.
A very large
a m CUNT was
lent either
to states or
municipaliti e s
or to railroads,
h o m e own
org a = m q re
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10
Produce Markets

The prices quoted are paid for stock
gathered in the country, while delivered
in indianapolis the price is a cent higher;
Heavy breed hens 1Sc; Leg bs n,d breed ss
and over, lie; geese, full feathered, all
sizes, 1oc; all guineas. l17 lbs. and LOU up i5S;
full case must weigh IS lbs. gross, a de-
duction of 10 cents pound under S. lbs
will be made No. butter, 39@40c; No. 2.
36@37c. Butterfat, 34c. Quoted by the
Wadley Co.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10
STORE SALES INCREASE
Times Special

NEW YORK, Feb. 10.-Total sales
OF department stores in the metro
politan district during January
showed an increase of between s
and 10 per cent over the ccrre-
>,conding period Of 1885, the Federal
Reserve Bank reported today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10

of the Guaranty Building.
This move was necessary after
the sharp increase in the COM
pany's business, Mr.. Leslie ex-
planned. The firm wrote its first
life insurance policy in May, 1885.
Other officers of the local firm
are: Floyd E. Williamson, vice
president; John w. Cherry, vice
president; George F. Flagg, secre-
tary; E. j. Barker. treasurer. and
Arthur H. Wyatt, investment coun-
selor and director of sales.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10

w q . dll1lOQllCC0
today by Harry
G.. Leslie, presi-
dent.
The firm, formed
less than a year
ago, has made
outstanding &C
complishments in
t h e insurance
field throughout
the state. Head
offices of the
company h a v e
been moved to
the second floor
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10

Presidents Act On
Credits Is Long
Overdue.
by JOHN T. FLYNN

NEW YORK, Feb. 10.-Wash-
L v ington and the country are
stirred by headline announcing
that the President has Cancelled
unused credits amounting to a bill
lion dollars. This is merely long
overdue act of the executive. 1t
has nothing to do with economy.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10
DIRECTS KASTAN FIRM
Regenstreif Article in Times in Err
ror; Not With South Side.

Isaac Regenstreif, who recently
acquired the Kastan Bakery, 818 S.
Meridian-st, is not now connected
with the South Side Baking Co., as
was enormously reported in The
Times. Mr.. Regenstreif will devote
himself exclusively to operation of
the old Kastan firm, now known as
the Regen Baking Co.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10
INSURANCE ASSETS UP
$158,8699,000 IN 1885
Equitable Life Assurance Society
Enjoys Record Year.

Enjoys RECORD year.
Total assets of the Equitable Life
Assurance Society of the United
States for the year ended Dec. 81,
1885, we're $1,816, 10000, an increase
of $158, 1869 900, Caleb L. York, In
dianapolis agency supervisor, re-
vealed today.
The formal statement was an
nounced at a meeting of the execu-
tive committee in New York by
Thomas I. Parkinson, president.
This is the largest increase in as
sets for any year in history of the
society, he said.
Outstanding insurance of the So
ciety on Dec. 81 totaled $6,226, 1885,
600, an increase of $50, 128,0 900 for the
year. Unassigned surplus showed
an increase of $11,650,000, bringing
it up to $54,799, 900, it was reported.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10
(BY United Press

CHICAGO Feb. 0.-Eggs--Market firm;
receipts. Sl05 cases; fresh graded f1rsts
2712c; extra firsts, 27l2c; current receipts
Market firm; receipts, 7165 tubs; extra
f1rsts (90-91h scorel, 34A@34s4c; extras
1872 score), 35Ac; f1rsts (8S-S9h score),
31a@34c; seconds (86-87h scorel, 321ac;
specials, 1884 @36Ac; standards, 35c. Poul-
try-Market steady; receipts, trucks,
turkeys, 2O@23c; capons, 25@26c; Leghorn
hens, 14@19c; old ROSTERS. 17c broilers,
231a@25c. Dressed Poultry = Turkeys,
27@30c. Cheese-Twins, l5@l512c; Dali
Sizes 15a4 a 16c; Longhorns, 1874 q Ice. Po-
tatoes--Supply very light; practically no
market firm. Idaho Russet Burbanks,
$1.90@1.95; North Dakota Bliss Triumphs,
$1.40; Colorado McClures, $1.65m1.70; Ne
rivals -64 on track SO, shipments $40
SATURDAY. AZ (SundaYl
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10
CAR, TRUCK OUTPUT OFF
Production Is Estimated at 69,876
Units for Last Week.
By United Press

By United Press
DETROIT. Feb. 10-Last weeks
production of passenger automobiles
and trucks in the United States and
Canada decreased sharply to a to-
tai of .69.876 units, compared with
85,7 100 last week, according to
Grams weekly report today.
A year ago 78,453 units were pro-
duced in the corresponding week.
Production and retail deliveries
have been greatly affected by the
unusual weather conditions, the re-
port stated.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10
STANDARD LIFE CO.
ENDS FINANCE STEP
Firm Announces Sale of All
Capital Stock.

Sale of all of the 10000 shares of
authorized capital stock of the
Standard Life Insurance Co., In
dianapolis, completing the original
financing program of the company,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10
SEAT SELLS AT $4,000

Times Spectos
NEW YORK, Feb. 10.-Sale of a
New York Stock Exchange men,
bership for $4,000 was made pub
lie today. The price was unchanP ~
from the previous transaction.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10
MASS OUTPUT
seen SOLVING
U. S. HOUSING
Modernization of Building
Industry Is Viewed
Essential.
BY DANIEL M. KIDNEY
Times STAFF Writer

WASHINGTON, Feb. 8.-Modern-
ization of the building industry to
make mass production homes pos
sible at a cost of around $4,000 is
the answer to the housing problem,
Jesse T. Hadley contends in The
Consumer, official publication of the
Consumers Division of the Labor
Department
Unless building methods are COM
pletely revolutioniZed, he warns,
the government must grant subsi-
dies to make home ownership &C
cessible to rs per cent of the people.
Mr.. Hadley represented the con-
sumner in formulating the construc-
ton code under MIRA. He is con-
sidered an authority on home con-
struction.
1885 Total at $4,000 Units
Those most in need of decent
houses can not afford to build
them" he writes. There was more
building in 1885 than any time
since 1881 and yet the total number
of new residential units built in this
boom year will not exceed, $4,000,
while to meet our immediate needs
of replacing those unfit for human
habitation we should build 100000
houses.
1.-The truth is that we are not
able to build new dwellings for
more than the upper, high income,
one-fourth of our population.
I'm the final analysis, houses can
only be built as cheaply as our con-
struction industry can build them
regardless of whether it is done by
private capital or by government;
the only difference being that in
the latter case low-coSt housing
can be supplied at the expense Of
heavy subsidies-a less satisfactory
expedient."
Management Costs Too High
1.-THE waste of materials in con-
structing dwellings is notorious
he asserts. THE average contrac-
tor will allow about 10 per cent Of
his cost to cover the item Of
waste.
The high cost and waste of ma
terial is again increased by the ex-
cessive costs of management. Each
building is erected by number of
contractors and subcontractors, each
of whom maintains the overhead ex-
pense of a separate organization.
In bidding, each contractor fig
ures the cost of materials and adds
10 per cent for waste, calculates la
Dor cost and overhead, and adds a
percentage of the total for profit.
All of the subcontracting bids, plus
the work to be done by the general
contractor with his own force, plus
his overhead, his calculations for
waste and error and a percentage of
the total for profits, results in the
pyramiding of percentages in the
price quoted the buyer"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-10
LOCAL CASH MARKET

City grain elevators are paying SO cents
for No. soft wheat. Other grades on
their merits. Cash corn new No. yellow
so cents and oats 81 cents