davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
ADVANCE PAINT co,
RENTS MORE SPACE
Leases 3-Story Building in
Downtown District.

The Advance Paint Co., manufac-
turers of wood and metal finishing
materials, has signed a long-etrm
lease on the three-story and base
ment building at the northeast cor
ner of Capitol-av and New York
st, Edward Barker & Sons, realtors,
announced today.
The company, which has been in
business in Indianapolis for the last
So years, is now located at 545 w.
Abbott-st, and has assets in ex-
cess of 100000. The newly &C
quired building is now being recon-
ditioned and modernized.
Officers of the company are T.
j. Kelly, president; j. j. Minta, vice
president; r. Emmett Kelly, secre-
tary- treasurer, and w. A. Queisser,
director.
Leasing of approximately 1900
square feet of space by the Enochs
Co., manufacturers of physicians
furniture, in the Hurry Peck Co.
building at 1923 Naomi-st, also was
announced by the local real estate
dealers. The firm expects to move
into its now location about March /.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
HOG PRICES DIP
10 TO IS CENTS
Cattle Weak to Slightly
Lower; VeaIs, Lambs
Stationary.

Although hog receipts were esti-
mated at only 5000 today at the local
stockyards, porker prices continued
to move lower, carrying the major
ity of classes around 10 to Is cents
under yesterdays weak average.
The light supply had no effect on
on the price situation due to a weak
demand prevailing in practically all
classes. Supplies at surrounding
livestock centers were still large
enough to hold outside interest. This
was partly responsible for the drop
in local demand. Approximately 277
hogs were held over from the previ-
GUS session.
Bulk of 100 to 225 pounds, cashed
in at 5000 to 5000. Others, scaling
225 to 260 pounds, brought $1,000 to
$10.75; 260 to 1875 pounds, sold at $40
to $10.35; 1870 to 100 pounds, held at
$40 to $1,000, and 100 to 100 pounds
were salable at 1925 to $9.75. Good
packing sows held at $8.75 to 1925.
Cattle prices were weak to
slightly lower with the light supply
consisting largely of common and
medium steers. The bulk of steers
ranged from $3.50 down. Heifers
and cows were unchanged, while
bulls were steady to weak. Bulk
of heifers sold at Sc to ST. Bulls
bought $3.50 to ST. Receipts num-
bered 600.
The veal market settled down to
steady trading range with the bulk
of good and choice kinds selling at
$11 to $11.50. Receipts were 500.
Lambs also we're steady Fed west
ern grades sold at $10.25, while ma
tives were valued at $40 down
Slaughter sheep ranged from 1925
to S.. Receipts were 5000.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
STOREROCM is RENTED
Stationers, Inc, Acquire Larger
Business Quarters.

Leasing of a storeroom at 80 N.
Pennsylvania-st, by Stationers, Inc,
dealers in stationery, greeting cards.
modern office furniture and filing
equipment, was completed yesterday
through the Spann Co., Indianapolis
realtors, representing all parties.
The company is to move into its
new location about April l, M. L.
Ober, secretary and treasurer, an
nounced. The building, which is now
being thoroughly modernized and
redecorated, is owned by the Gen.
trail City Co. Officers of the station
cry firm are H. E. Ruch, president.
and H. R. Ellis, president.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
INFLAMMATION
CREATES WORK.,
SURVEY SHOWS
Production Volume Answer
to Unemployment
Problem.
Times Special

Times Special
NEW YORK, Feb. 21.-Machin-
cry and its rapid expansion through
out American industry has not been
responsible for the major increases
in unemployment, according to a
survey released today by the Ma
tional Industrial Conference Board.
On the contrary, the survey states,
mechanization has created, rather
than destroyed employment. APP
proximately Is new manufacturing
industries, which came into exist
ence since 1879, have accounted for
18 per cent of the total increase in
employment and for 40 per cent of
the rise in the per capita employ
ment in the manufacturing indus
tries from 1879 to 1929, the survey
showed.
Living Standard Higher
BY increasing the output a person
in production of commodities the
machine has brought about major
developments in trade, transporta-
ton, and the various service in
dustrieS, it was pointed out.
An increase of 432 per cent in
national income produced and a
rise of 140 per cent in its purchas-
ing power occurred from 1899 to
1929, the period covering the rapid
growth of mechanization in Amer
lean Industry. A vastly higher
standard of living has resulted
from the extensive mechanization
of industry, the survey stated.
Wage rates, annual earnings and
their purchasing power all have
shown marked increases since the
growth in the use of machinery, it
was reported. Purchasing power of
the annual wage Garner increased
approximately 80 per cent from 1899
to 1929.
The answer to the problem of I'M
employment does not lie in placing
restrictions on the use of machinery,
but in increasing the volume of pro-
duction which would increase the
purchasing power of the people, and
lead to full unemployment, the
boards study revealed.
Labor Supply Gains
During 1882, which marked the
low point of the depression, the
volume of production in the man
ufacturing industries was only SO
per cent of the 1929 level and en-
ployment declined to 81 per cent.
In 1884, however, the survey
shows, production increased to Sc
per cent of the 1929 level. while en-
ployment rose to rs per cent, show
ing a proportionately greater in
crease than production. In June,
1885, the last month for which fig
ures were available, the volume of
production was II per cent and en-
ployment rs per cent of the 1929
average.
Since 1929 the labor supply has
increased by approximately 100000
workers owing to the increase in
population, the survey shows.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21

not given direct authority to do
under other clauses of the Con-
stitution. Therefore, it can appro-
pirate money for agriculture. 1t
can appropriate funds for farm
research, to give seeds to farmers,
to pay farm subsidies. So far so
good.
But in paying farm subsidies the
Central government can not annex
conditions to the payments which
amount to regulation of agricul-
ture.
THIS may or may not be good
II law. Six Supreme Court
justices say it is. Three say it is
not. But for the time being at
least what those six justices say
is law.
How does this apply to the new
bill about to be passed to take
the place of the AAA, which pro-
voked the decision?
What was the objective of the
AAA? 1t was to curtail production
Or as necessity dictated it, to
increase production.
1t was to regulate production, in
fact to regulate farm prices. This
1T proposed to do by getting from
farmers agreements to reduce pro-
duction in return for benefit pay
mentS in various ways.
What does the new bill do?
What is its objective? Soil con-
servation is one; also the bill says
it is regulation of agricultural pro-
duction to raise prices. 1t is not
put in those words. But the mean
ing is clear.
The bill declares one of it's OBJ
Jectives is maintenance of a con-
tinuous and stable supply of agri-
cultural commodities adequate to
meet consumer demand at prices
fair to both producers and con-
Sumers.",
A MOTHER objective is stated
N to be establishment and
maintenance of farmers purchas-
ing power All this means control
of production and prices.
What is the mechanism for &C
complishing all this? The secre-
tary of agriculture will make pay
ments to farmers. But he would
exact agreements to curtail acreage
precisely as in the AAA plan. Is
this national regulation of farm
ing? The court said it was in the
AAA law. Will it say differently
now because soil conservation is
added?
The governments power to con-
troll soil erosion rests on the same
ground as its power over agricul-
ture-the general welfare clause. If
one is unconstitutional so is the
other.
I believe the AAA decision was
wrong. But what is the purpose
of passing laws which are sure to
be held unconstitutional?
Copyright. 1886. by NEA Service, Incl
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
ELECTR0LUX DEALERS
HOLD MEETING HERE
State Representatives Guests Of
Griffith Distributing Corp.

Indiana Electrolux dealers are
meeting at the Columbia Club today
as guests of the Griffith Distribut-
ing Corp. to see the new 1886 mod
els, both gas and kerosene, in opera
ton.
Comprehensive advertising and
sales promotion plans are to be dis
cussed at the meeting by R. R.
Guenther, sales representative; Cor
don BLOOM, divisional sales manager,
and j. v. Monahan, sales promotion
specialist, all of Evansville.
The new model refrigerator, which
operates with a small flame is rap
idly gaining great popularity. and
the kerosene burning model is a
real boon to rural communities, Will
liam c. Griffith. president of the
distributing corporation, announced.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
ALLEGHENY STEEL CO.
EARNS $3.50 A SHARE
Net Income Totals S1,151,453 in
1885 After All Charges.
Times Special

Times Special
PITTSBURGH, Feb. 21.-An in
crease of 81 per cent in earnings for
1885 was reported today by AL
legheny Steel Co. For the year
ended Dec. 81, net income totaled
$1,151, 453 after all charges, Federal
and state taxes, equivalent after pre-
ferred dividends to $150 a share on
611,095 no par common shares out
standing.
This compares with net income
for 1884 of $S35,927 or SO cents
share on 610,695 common shares
then outstanding. The 1885 earn
ings were the largest in five years.
Dollar volume of sales in 1885
was $50, 130,343, or % per cent larg-
er than the 1894 volume of $17,258,-
657, and the tonnage of alloy prod
ucts during the year showed a SO per
cent increase over 1884. AS of Dec.
81, last, the company had current
assets of 1884, 062.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
FRUITS AND VEGETABLES
lRv limited pressl

CHICAGO. Feb. MISUNDERSTANDING
M ME-. S sS sRess SatFes @
nessee, bu., T569oc Beans-Florida bu..
si50as. cabbage-sacks, per cwt. $50
s2'50Gs75' Spinach-Texas. bu.. 50cG 81
Lettuce-western. crates. 8 doz. s240a
$50. cucumbers-cuban, bu.. sl.soa3.75
Celery-Florida. crates, S2.5o4 IS. Cauli-
fiower-Caiifernia, crates, si,loQi35. To-
matoes-Mexican. Tugs. S2G375. Onion
Market $50 lb.. sacks)-Western valen-
cias, $3.50 40; Illinois yellows. SOC q 81:
,<7iitss, $i.75.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
,By United Press)

CHICAGO Feb. 21.-Eggs-Market weak;
receipts, 6572 cases; fresh graded firsts,
soc; dirties, csc; checks. 26c. Butter
Market. easy; receipts. 1885 tubs; extra
f1rsts t9o-911a score], 36g361ac; extras
351ac; specials, 37l2@ $50: standards, 36c:
Poultry. Market. steady: receipts Is
trucks; ducks, 21Q24c; geese. 18c;, spring
chickens, 24@25c; hens, 213424c; turkeys,
20@23c: capons. 25@26c; Leghorn hens,
14@19c; old ROSTERS, Tic; broilers. 24@
Csc. Dressed poultry-Turkeys Young
toms. acc; hen turkeys, 36@2sc; capons,
27@3oc. Cheese = Twins. 15A@15l2c;
daisies, 15A 615s4c; longhorns. 1870
slow; market steady to weak; Idaho Bliss
Triumphs, $1.75G LBS; U. s. No. 2. s1.40@
1.57la; Bliss Triumphs. s1.45; Wisconsin
round whites, sl.4061.45: u. S. No. 2. 85c;
Michigan russell rurals. s1.42l2: North Da-
kota early Ohios sl.3561.4c: Colorado Nc
Clures. s160@1.7212; Nebraska Bliss Tri-
umphs $50. Arrivals. 107: on track, 234;
shipments, 972
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
JOINS SALES STAFF
Ralph Coble Becomes Associated
With T. p. Burke g. Co.

Ralph B. Coble, indianapolis, has
joined the sales department of T. P.
Burke & Co., local investment house,
it was announced today. Mr.. Coble
is to specialize in the sale of trust
investment and equity securities.
Following his graduation from
Butler University in 1882, Mr.. Coble
became associated with the STAN
dard Oil Co. He recently was con-
nected with the firms of Harris, Up
ham & Co. and Thomson & Nc
Kinnon.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
PLANT EXTENSION STARTS

Times Special
NEW YORK, Feb. 21.-The
Ruberoid Co., manufacturer Of
asphalt and asbestos building and
roofing products, has started con-
struction. of an extension to its
Mobile (Ala) plant, which will cost
more than 100000, Herbert Abra-
ham, president, announced today. 1t
is expected to be completed by
July l.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21

4 ~ z OOaA v
said the Fed
e r a | govern
ment has no
power u n d e r
the Constitu-
ton to regulate
agriculture. Not
having t h a t
power directly
it can not seize
it by indirec-
ton.
Under t h /.
general welfare
clause of the
G o n S t tuition
the central gov
eminent can do
things for the
general W e l.
fare which il is
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
Produce Markets

The prices quoted are paid for stock
In Indianapolis the price is a cent higher;
Heavy. breed hens. l8c; Leghorn breed
and over, lie; geese. full feathered. ali
sizes. loo; all guineas. Ia lbs; and up. 15c;
No. / strictly fresh eggs, loss off, Csc.
deduction of 10 cents pound under SIS
lbs. will be made. No: butter. 40l "a
41lzc; No. 2. 371a @381ac. Butterfat. 35c
Quoted by the Wadley Co.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
BEEF PRICES DECLINE

Times Special
CHICAGO, Feb. 21.-Declines Of
from 10 to Is per cent in the whole
sale prices of better grades of beef
compared with a year ago were dis
closed today by Frank A. Benson,
chairman of the beef committee OF
the Institute of American Meat
Packers.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
ELECTRIC OUTPUT GAINS

CHICAGO, Feb. 81. Electricity
production of the Associated Gas
and Electric System for the week
ended Feb. totaled 649,262 kilowatt
hours, an increase of 9.8 per cent
over the same week of 1885, it was
reported today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
Trends
Farm Bill Passed to
Succeed AAA
Program.
BY JOHN T. FLYNN

NEW YORK, Feb. 21.-The Sen
In ate has passed the new farm
bill, successor to the defunct AAA.
Tho House is going to pass 1t.
What will the Supreme Court do
about It?
The court held the AAA uncon-
stitutional for certain reasons
clearly stated. Let us see how
they apply to the farm erosion bill.
Feeling elated, Mr.. Goldsmith wa
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
Bnsigrabhs
ELECTRIC POWER PRODUCED
u. 5. DEPT. or THE iNrENos)


Another record goes to the credit
of 1885. Electric light and power
production passed ahead of the pre-
vious peak year of 1929. At the end
of 1885 our electric companies
served about 25,40O,000 customers,
an increase of more than half a
million during the year.
Household customers constitute
SO per cent of the total served, small
commercial users Is per cent, and
large commercial users only per
cent. Many more are realizing how
electricity lightens the work in the
home.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
NET PROFIT INCREASES
Times Specid

CHICAGO, Feb. 21.-Preliminary
reports of Briggs Manufacturing Co.
and subsidiaries for 1885 show a net
profit of S9,258,046, equivalent to
s4.77 a share, against 1921, 625, or
1884 a share, in the preceding year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
Local Securities

(By Indianapolis Bond g. Share Corp.)
The following quotations do not rep
resent actual bids or offerings, but
merely indicate the approximate market
level on buying and selling inquiries or
recent transactions.
R0NnS
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
WI. WILLKIE
COMMENTS ON
IVA DECISION
Utility Chief Says Court
Failed to Rule on
Validity of Act.

4
WASHINGTON, Feb. Claw
fuIness of the construction of the
wartime Wilson Dam and the &C
QUESTION of connecting transmission
lines were the chief issues in the
IVA case ruled upon in the current
decision of the Supreme Court,
Wendell L. Willkie, president of the
Commonwealth and Southern Corp,
commented today.
GAS Chief Justice Hughes stated,
the court did not pass on the valid
ity of the present IVA act," Mr..
Willkie said. 1T did not decide
upon the right of the IVA to build
dams, to install power houses to dis
tribute electric energy, or to acquire
property for such purpose in all of
which activities the IVA is present.
ly engaged. In other words, the
threat of the IVA to take the gov
eminent into the power business and
drive private industry out of it was
not under consideration"
Stop Further Invasion
Likewise, the court did not and
could not pass on the social or
economic wisdom of collecting hun
dreds of millions of dollars from
taxpayers in all parts of the country
and spending that money in one Sc
lected area. Nor can it pass on the
justice of thus jeopardizing the in
vestments of several hundred thou
sand electric security holders, al
though the power companies Oper-
ating in the area could sell electricity
at least Is per cent under the IVA
rates if given the same subsidiaries
from the Federal Treasury.
1.-THE social or economic wisdom of
legislation is the responsibility Of
Congress. The companies, as Fed
eral taxpayers and the security
holders must continue to ask Con-
gress and the Administration to stop
the further invasion of their proper
ty rights and the profigate spending
of the taxpayers money.
I'm an effort to minimize the iva
threat certain government officials
have pointed out an increase in the
sale of electricity by operating COM
panies operating in that area.
Security Values Low
1.-THE fact of the matter is that the
sale of electric power by these COM
panies has failed to keep pace with
the increase in sales in our North
ern areas. Even with such increase
as has occurred the securities of the
companies in the IVA area have
been selling at prices too low to at
tract additional investment.
1.-THE increasing inability of the
operating companies to finance
themselves is the more significant
in view of the effect of the COM
panion legislation of the Public
Utility Holding Company Act. If
this latter act is declared constitu-
tional the holding companies will be
unable to continue the advancement
of the necessary funds to their op-
Grating aff1liates for construction
and refunding requirements. The in
evitable result to the security holder
of the utilities in not alone the IVA
area but in other areas where SINH
lar government projects are being
constructed will be the gradual dis
indignation of the American power
industry unless Congress definitely
and specifically defines the limits of
the government operations"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
FIRE INSURANCE
Money and Exchange
STATEMENT
TREASURY STATEMENT


WASHINGTON, Feb. Achievement
expenses and receipts for the current
fiscal year to Feb. 10, compared with a
year ago:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
Chicago Grain Futures
LOCAL CASH MARKET

City grain elevators are paving SO cents
for No. soft wheat other grades on
their merits. Cash corn new No, yellow
50 cents and cats Il cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21

BIZ. ASK.
H Tel & Tel, Fl: Wayne 51sqs lo4 los
H Tel q Tel; IT; Wayne So loS 10S
Indianapolis Water Co 41a9o los lot
Indianapolis Water Co $50 ...105 lot
Indiana polls Water Co $50 .105 lot
Indianapolis Water Co 5l2To .104 1852
Indianapolis Water Co 512To .104 1852
Interstate Tel g. Tel 51a9o... 95 81
Kokomo Water Works SO ...104A 1854
Norris & 10 Stores SO 100 103
Muncie Water Works see -. .103 =.
Noblesville Heat, Light & Pow 971a 100
Ohio Telephone Service 69e... .971a -
Richmond Water Works $50. 1041a 106
Seymour Water co 59o. .....101 104
T H Traction g. Light So. 103 los
Terre Haute Water Works SO 102 104
Terre Haute Water Works SO 103 105
Traction Terminal Co 5To.... rs II
Belt Raj STOCK I'd 'q pfd So ssk %
Central Indiana Pow pfd 10. ala 241a
Home Tel g. Fit. Wayne 10 52l2 54a
Hook Drugs, Inc common. . 1914 18
Ind g. Mich Elec Co pfd TO 1882 1862
Indiana Central Service Co SO SO 1904
Ind Hydro Elec Co 7ee 1900. 81 IS
Indpis Gas Co com SO -. IS SO
Indpls Pow g. 1t Co pfd So. 8s1a 9lha
Indpls Pow & UT 1t CO pfd SEE ,Ss is ,S Sslls
North Ind Pub serv pfd. 5Haes 70 70
North Ind Pub Serv pfd SO 76 70
North Ind Publ Serv pref TO IS 50
Progress Laundry Co com. 9 10l2
Public Serv Co of Ind pfd Sc 20ia 2312
Public Serv Co of Ind pfd 79o ASA 49l2
South Ind Gas g. Elec pfd So 96 SO
Terre Haute Elec Com 6eo... So 81
Union Title Company com 2ols 70
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-21
u. S. GOVERNMENT BONDS
(By Abbott. Proctor & Paine)
Treasurys
Federal Farm Mortgage Corp.

Home OWners Loan Corp.
'34S 1949 ....................10 10000 100 18
Is 1852 ....................1 01.24 1923
The Waterbury Democrat., 1936-08-28
Turned Down


 Of the organization to break up tho local and state inajo parties. The gathering refused to accept his res. ignation and passed q vote asking Mr. Luddy to reconsider.
 Mir. Luddy and MrD. Mae 3. He's. pelt, the latter district vice.pres. ldent, have been mentioned for the presidency of the fifth district N. U. S. J, to succeed Mfr Puckey. The latter resigned AB president AB soon as he announced his candidacy for Congress. Luddy's sudden move in reSigning aB district secretary thcre- fore came a8 a bombShell to last nights gathering.
 All DenOunce Each Other
 Supporters of O'Neill spared no words in dcnouncing Puckey. The supporters of Puckey didn't spare any, either. MT. Dyer'B supporters insisted on verbally attacking both Puckey and O'Neill although tho Norfolk man has publicly stated that hc iB not seeking any N. U. 6. J. support for the congregational nomination on the democratic ticket,
 Daniel Began of AnSonia, regional deputy supervisor, presided over last nights meeting. Among the speak. er6 was John l.. Coppinger of New Haven, state supervisor of the N. U. 6. J.
 So heated did last nights meeting become and SO long were the ad. dreBSes Of thoBe making motions and motions to amend motions that there was not time to fight over who would become the new district president. Another meeting will Do held in the near future.
 Puckey FIIes Petition
 MT. Puckey late yesterday after. noon filed his formal petition with Town Clerk Dora A. Egan for c place on the voting machine this fall. The petition contained 2S names but will be followed with Q lengthier list of names.