davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
On Commission ROuU

Quotations below subject to change are
average wholesale prices being offered to
buyers by local commission Dealers
Fruit-Cranberries. c. c. Hames Eat
nores, 25-lb. box, $3.50. Pears-Washing-
ton D'Anio, s3.25. Calf, avacados, $3.75.
Bananas-Seven hands, pound, SIC. Per-
sinsons--California, lug. SIPS. Apples
Ionathans, Sl.6o. Delicious, Sl,75: Veal
thys. s1.25; Grimes Golden, s1.25 Lemons
Sunkist. 36os. 81. Grapefruit-Texas
sis to 7os. $3.50. Arizona sunkist, $3.50.
Limes-MeXican, a carton lis, 22c Grapes
Emperor, lug, 81; fancy Emperor, Sab.
sawdust chest. S4
vegetables--Beans, green. round string
sl.75. Cabbage-New York Danish, 50-lb.
bag Use. Observation-Disclosures. crate,
$3.50. Celery Michigan, washed and
trimmed, is stock bunch, 55c;. jumbo, doz.,
s5c. Cucumbers-Southern, bu., IS doz.,
s1.ls, Kale-Nirginis, bu. 90c: Lettuce
Iceberg, California, good So; home
grown leaf, 15-lb basket, Sl.60: Endive-
California. basket. S5c. Manages
Florida, crate, $3.50; small basket, s1.4o.
Mint-Bunch zoe
Mustard-Home grown, bu soc, Onions
Indiana yellow 5o-lb. bag. s1i5: Indi-
ana yellow, lob. bag, Csc. Parsley
southern, doz soc. Peas-Telephone.
hampers. s3,25; Texas hampers, $3.50. Po-
tatoes-Round Cobblers, loo-lb. bag. $50;
Michigan Round White. 1oo-lb bag. 81 so;
Early ohios,. bu., sl.so; Idaho Russets,
ass. Sweet potatoesMIndisns Jerseys
baskets. ssa6oc. sase.,poz, 4sc. spinach
$3.50, Tomatoes-Florida, lob. basket,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
3 INDIANAPOLIS MEN
FORM NEW COMPANY
Vacuum Specialties, Inc, to License
Production of Articles.

A new company, the Vacuum Spe-
cialties, Inc, which is to act be-
tween the patentee and the ultimate
manufacturer, has been formed here
by Harry D. George, Noble B. Rich
ey and Gerald F. Branigin, all In
dianapolis residents.
The intermediate firm is to manu-
facture, distribute and license vac
uum devices under Freyn patent No.
1960902. The patent is on a vac
uum cup, but differs from the ordi-
nary cup. 1t has an attachment
which enables service station at
PENDANTS to inspect crank case oil
without draining the car.
Intentions of the company in time
are to license out 10 other COM
panies the right to manufacture
these articles under the patents.
The company, it is learned, does not
intend to manufacture these arti-
Giles, but license the right to manu-
facture to some one else.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
P0RKER PRICES
UP SHARPLY ON
AAA OUTLINING
Market Generally so Cents
Higher; Cattle, Lambs
Remain Steady.

The pork market at the Indian
apolis Union Stockyards today re-
sponded to the outlawing of the
AAA with a price increase of so
cents in practically all divisions.
The sharp advance carried prices
to the highest level since early Oc-
tober.
Both producers and consumers
will benefit by the decision, live
stock officials declared. Elimina-
ton of the 1925 hundredweight
processing tax paid to the govern
ment by packers will increase the
price paid to farmers for live hogs
and reduce the price paid by con-
Sumers for fresh meat, it was ex-
planned.
Although receipts were sharply
lower than in the preceding session,
they had only little, if any. effect
on the market. Today's supply was
estimated at 6000 Holdovers num-
bered ITO. The general bulk of 100
to 225 pounds, cashed in at 5000
to $10.35, with the latter being the
top price.
The bulk of medium heavy
weights, from 235 to $50 pounds,
sold at $3.50 to 5000, while extreme
heavies, which have suffered the ex-
tent of decreases in recent sessions.
cashed in at $3.50 to $3.50. In the
lightweight division, slaughter pigs,
weighing from 40 to 160 pounds.
brought $685. to $1010. Others from
100 to 40 pounds, sold at 9.35 to
$3.50. Packing Sows held at 1925
to $8.75.
Trading remained practically at
a standstill in the cattle market,
with the supply consisting largely of
beef steers and short fed stock
selling downward from $40. Al
though no definite market was es-
tablished, bidding on these classes
was around Is cents lower.
A liberal supply of she stock pre-
vailed with an easy undertone for
best kinds. Receipts were 2400.
Vealers were largely so cents higher,
selling at $13 down. Receipts were
600. The lamb market was un-
developed, with a few early sales of
native classes made at SLOTS down.
Slaughter sheep sold at $3.50 down
Receipts numbered 5000.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
Other livestock
lBY United Pressl


CHICAGO. Jan. Hogs Receipts. a.
cents higher than Mondays average; top
Stops; bulk, 140-250 lbs, S9.90610.l5; 26o-
300 lbs. largely. S9.75q go: best sows So.
Cattle-Receipts. 5000: calves, 1000; hard
~ enough done TO make a market; I'M
dertone steady on choice steers and
yearlinss, kinds selling at S12 upward:
early top. $685.: middle grades tending
lower; most bids being IS cents OFF: bulk
OF run of value to sell at $8d1i: fat cows
and heifers easy: cutter COWS steady at
SIS down; bulls steady TO easy: veslers
aside from choice weighty shipper kinds
a. sll@l1.so; IS cents. OF. more lower at
$40 down: stockers steady. Sheep-Re-
ceipts, e00os fat lambs slow; asking around
steady and refusing Is TO IS cents lower
bids early; larger interests bidding around
$40: 75Q oil on lambs now held at s11.s5
and above; sheep, steady; native ewes,
s4.7565si. feeding lambs scarce.
FORT WAYNE, Ind, Jan. s7,-Hogs--35
to 50 cents higher; i60-lS0 lbs, s1o25;
10000 lbs, sio,l5; 2o0-220 lbs, $1,000;
220-24o lbs. s9s5; 240-260 lbs, $40:
2e0-2S0 lbs. 1855: 280-S00 lbs. So. IS: 500
$50 lbs. $40; l4o-l6o lbs. ss.ss; 12o-l40
lbs. $685. io0-l20 lbs. $685.; roughs,
$s.75: stays S62S; calves, $l2; lambs, Sill
LAFAYETTE. Ind, Jan. Hog market
so I60c higher; 160-2l0 lbs. Slo10GlO 20:
2i0-2S5 lbs. IS. s0Gl0: 235-26o lbs. SO roo
$50: 260-325 lbs. s9.35G9.50. 100-17o lbs.
S9.50M To- roughs. $3.50 down, calves $ll so
down. lambs. $40 SO down
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
H0YNE TO TALK HERE
Chicago Comptroller of Customs to
Speak at Press Meeting.

Thomas Temple Hoyne, comptrol-
ler of customs in Chicago, is to be
the principal speaker at the winter
meeting of the Hoosier State Press
Association to be held at the Sphinx
Arms Feb. IA and Is. He is to talk
on Finance, Business Trends and
the Economic Situation for 1885,"
Mr.. Hoyne is former newspaper
financial editor and is the author of
numerous works on economics.
Other speakers to be Tom Wallace,
editor of the Louisville Times, and
H. Dorsey Newsom. chief of the
newspaper division of the Federal
Housing Administration.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
BY CLARENCE w. FACKLER
Professor OF Economics, New York
University


University.
NEW YORK, Jan. 7.-One of the
great difficulties in pointing out the
fallacies in any modern day bunko
game is that the people who are
being misled have been promised so
much for practically nothing that
trying to reason with them is about
as ineffective as honking an auto
horn to stop cyclone.
People who believe that the moon
is really made of green cheese and
that they can get liberal slice of
it free are generally as unyielding
as ledge of rock.
Economists have no answer to
our plan," DR.. Townsend is reported
to have remarked on one occasion.
They don't know" he continued,
whether it will work or not, be-
cause it is new, but they haven't
been able to convince me that it
won't work"
Supported by Millions
The trouble is that the good
physician is confused on his eco
Monies, and underestimate the
ability of the economists to diagnose
his plan. He can hardly be blamed
for these difficulties
Simply stated the Townsend pro-
poSal calls for the Encouragement
of our economic life to the extent
of distributing 200 tax collected
dollars in pensions each month to
every person over go years of
age who is not a criminal and who
does not have a private unearned
income of more than $1,000 a year.
The number of people who have
demonstrated their faith in this
scheme is amazing. Since Offices
for this old-age revolving pension
plan were first established in No
vember, 1888, the proposition has
attracted between twenty-five and
thirty million supporters Organ
ized into some $4,000 clubs they are
contributing at the rate of $2,500,00C
annually to its treasury.
Dismiss All Criticism
BY April, 1885, Sc out of the 262
congressman who voted on the So
cial Security bill were converted to
the ACCESSIBILITY of writing the plan
on the Federal books, and as the
new year opens the plan threatens
to win even greater support in
Congress and to become one of the
big issues in the presidential CAM
paign next fall
Certainly, it is remarkable how
large a following one can get today
by the mere promise of easy riches,
provided he will explain it in a
pamphlet and send it postpaid for
IS cents in stamps or coin. So soon
after being promised financial in
dependence by diversified security
purchases on margin it is sure
ly strange, almost unbelievable
in fact, that Americans are willing
to try still another half-baked plan
to get something for nothing.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
Produce Markets

The prices quoted are paid for stock
gathered in the country. while delivered
IN indianapolis the price is cent higher.
Heavy breed hens, tic: Leghorn breed
under. IA lbs, lie; springers. Ia lbs. and
up, i2c. old cocks. &c.. Turkeys-Youns
hens. 9 lbs. and M, 2oc; young toms,
Ia lbs ioc; old hens. zoe; old tors, 15c
Ducks-White. lbs, and over. lac: under
; los- i0e; geese. fun feathered and fat.
TO ~ lbs lie. over IA lbs. &C; old
guiness, isc; young guiness Ia lbs. and
Up. use; No. ! strictly fresh eggs. loss OF.
z4c puilet eggs, l6c. Each full case must
pound under S. lbs. win be made No. 1
butter Hia 2Ssisc: No. 3 S4ta Hs5isc
putterfat. SAC. Quoted nv the Wadley Co.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
FIRE INSURANCE
CONTRACT is APPROVED
S225, 900 Loan Is Allotted for Rural
Identification.

WASHINGTON, Jan. IA con-
tract to lend $225,OOo to construct
215 miles of electric distribution
lines to serve $50 farms in Logan
County, Ohio, was approved today
by Rural Identification Commits
sioner Morris l.. Cooke.
The loan will be to the Logan
County Cooperative Power and
Light Association, Inc, of Belle
fontaine, o. 1t will be a standard,
-liquidating loan with interest
at 3 per cent and repayment spread
over 20 years.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07

profits.
But there are
half a million
corporations in
America a n d
there are mil
lions OF indi-
vidual business
men besides. To
know what are
the profits of
b u S / n e SIS or
whether bust
ness had had
any profits at
all you would
have to be able
to offset the
losses of all
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
Trends
Jobless Reduction
Seen Moderate
This Year.
BY JOHN T. FLYNN

NEW YORK, Jan. 7.-As usual
4 at this time of the year there
Is a good deal of talk about the
profits of business. But unfortun-
stely the data which is made public
Is quite inadequate. One is in
formed that business increased its
profits in 1885" On closer study
you hear that $50 corporations
or perhaps 750-increased their
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07

those who operated at a deficit
against the gains of those who made
profits. There is no end of dis
cussion of what we call the profit
system. (Mr. Stuart Chase observes
that it is much better called the
profit and loss" system)
II would be possible for the
government, while spending relief
funds to make all sorts of studies,
to attempt to find out just what
are the net profits Of all business
and whether there really are any
profits to speak of for business as a
whole.
DUT certainly some corporations
lJ have done we'll this last year.
Running over numerous reports
printed in many journals, I find
these interesting general facts: In
December 220 companies paid
extra dividends. Also some 126
other companies paid back divi-
dends and Is paid stock dividends.
l notice also that out of over
1900 corporations only seven
omitted dividends this year and
only eight last year.
l have heard good deal of
grumbling among bankers to the
effect that with heavy government
financing at banks there was not
much profit in banking. But I
noticed that the banks declared
substantially larger dividends in
December than they did last year.
Another group which has been
shedding it's tears all over the place
and pointing to the ruin wrought
by the government in its business
is the utilities. Looking over a list
of Is of the leading utility holding
companies l notice that 16 of them
increased their earnings this year
over last and the increase was sub
stantial.
~ . . .
MYTH this record of increased
w earnings and with the rising
tide of purchasing power the ques-
ton before business is-what i'm
preston can business make,
through Unemployment, on the
great total of 100000 out of work
in this country?
A careful reading of all the fore
casts for the coming year by bust
ness men indicates, after all the
flamboyance is washed away, a
pretty general belief that business
this year will be better, but that
the improvement will be moderate.
What fraction, then, of the I'M
employed will be taken up by mod
crate improvement? And to what
extent will this be set aside by the
increases in chronological processes
to which business is turning
Every fact one comes across in
the search for this answer seems
to indicate that the reduction in
unemployment will be vecy mod
crate. And if this is so, what can
business or any other agency do
about these unemployed? Does this
not leave us with the conviction
that we must face a government
problem of looking out for from
100000 to 100000 unemployed
persons for long time? And fin
ally, to put a point upon it, what
is to be the relation in government
and business policy between I'M
employment and profits?
Copyright, 1886, NEA Service. Incl
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
NezC York Bonds
German siss s.
Local Securities

because quotations on local securities
are unlisted on an Exchange, The Times
can not assume responsibility for the ae-
curaey Of these fCures gathered from local
hr.l
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
MANUFACTURING
MAKES FOURTH
MONTHLY GAIN
High Rate Due to Expansion
in Automobile Output;
Survey Reveals.
Timcs Sncci0

Times Special
NEW YORK, Jan 7.-Manufsc-
turing activity increased in Novem-
Der for the fourth consecutive
month and regained the high point
of the recovery movement nomen-
tarily touched in July, 1888, in the
sharpest squirt after the bank panic,
the Alexander Hamilton Institute
reported today.
The index of factory output, based
on 1923-25 as 100 and unadjusted for
seasonal variation, was 81 in No.
vember as compared with 70 in the
same month a year ago, with the
depreSSion's low of SIS in July, 1882.
and with the pre-depreSsion high of
1913 in April and May, 1929. The
index in November represented the
recovery of SIS per cent of the
ground lost in the 1929-1932 period
of curtailment.
Increase Due to Expansion
The increase from October 10
November was due primarily 10
sharp expansion in automobile pro-
duction. although there was mod
crate gain in steel output, the survey
said. The textile, shoe and tobacco
industries showed curtailment while
activity in the food industry re-
manned unchanged. All the major
industries in November, however.
were more active than in the same
month of 1884, with the exception
of the food industry.
Greatest gain was reported by the
automobile industry with an increase
of 1903 per cent over year ago.
The output of food industry was
20.3 per cent lower than a year ago,
reflection of the 1884 drought and
the governments agricultural cur
tailment program.
Since the relatively high rate Of
manufacturing activity in November
was dependent to a large extent
upon the automobile industry, it was
of somewhat artificial nature. The
automobile industry was abnormally
active because of its newly adopted
policy of starting work on the next
years requirements at an earlier
date. This will tend to modify the
rate of activity which would other
wise occur during the first half Of
the following year.
Setback Due in March
Preliminary reports indicate that
manufacturing activity in December
continued to be bolstered up by the
automobile industry, and factory
output as whole apparently expe-
rienced little year-end recession. The
prospect is that manufacturing will
continue to hold up we'll during
January and February, although
there is little probability of any
particular expansion.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
Il. S. Finances 101Z37
By United Prcss

WASHINGTON THE of Federal government
pendue SURPRISES deficits the 20
is shown in the following figures:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
VMcAv. CASE Maprrr

FOCAL CASH MARKET
City grain elevators are paying ee cents
fcr NO 2 soft wheat Other grades on
ineir merits Cash. corn new No. yellow
~ cents and oats 10 cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
REPORT SHOWS GAINS
Brown Brothers Hartman & Co.
Statement Favorable.

Times Special
CHICAGO, Jan. THE year-end
financial statement of Brow, Broth
ers Hartman & Co. released today
showed increases in total assets, de-
posits, capital and surplus, CON-
pared with three months ago and
at the end of the preceding year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
indiana Bitun,inous Coal Production

Indiana produced 3Sf 900 tons of bituminous coal
IN the Week ended Dec. 81 the United States Bureau
Of Mines reported TO-DAY. This represented than
~ per cent Of the national tonnage Of 1855 900 tons.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
AGED MISLED
BY TOWNSEND
PLAN UTOPIA
Millions Are Contributing
$500, 900 Annually
to Campaign

This Is the first of two articles in
which the Townsend Plan for old-age
revolving pensions is discussed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
TREASURY STATEMENT

WASHINGTON. Jan. 7.-Government
expenses ami receipts for the current
iscal year 10 Jan. 4, as compared with a
year ago:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
STOCKS
BONDS

Buffalo Distr Term go al -. 20 IS
Brookly IN Postal Sta sha 60 ,ss ,35n .42
Home TelSTel FtW SO '43 .l03 los
Indpls Railways Inc SO ST =. SOFA So
Indpls Water 41aGe 40 LIDS lO7
Indpls Water $50 so q 80 los lot
Indpls Water So 60 '538' 1881 los
Interstate T 81 T 515Ts SO -. SO 90
kokomo Water Works SO ...l04 i05M
Lafayette Telephone SO 81 .102 =.
Norris & 10 Stores 5% so % l02
Muncie Water Works SO IS .102h -
NobleSville Hip GA Al :. :. 81 100
Ohio Tel Service SO Al $50. IS -
Richmond Water Works 5es'57 l04K lO6
st. Louis Post Office 5la%s '3s 1s IS e
Seymour Wtr LIST mtg $50 SO l0l l04
Terre Haute Water Wks5%s $50 1919 lo3ia
Terre Haute Wat Wks Sc. 40 1903 los
Traction Terminal Sc 81 -. So 73
Eek. div
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
Chicago Grain Futures

ny James z. Bennett 4 Coz
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07
Reprinted From Late Times Yesterday
DAILY R0Nn INDEX
u. S. GOVERNMENT BONDS
lBy Abbott. Proctor e. Paine.l
Treasurys.

Copyright, 1885 by Standard Statistics
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-07

Copyright, 1855 4 '. erirdle Indianapolis. Ind,
The Washington times., 1936-10-27
TRADE REPORT
'MUZzLED', IS
COP. CHARGE

news
A charge that the Administra-
ton has delayed publication of an
annual report on Commerce and
Navigation of the United States"
until after the election was made
today by the Republican National
Committee.
Stating that the document usu-
ally is published in August or Sep
TENDER for guidance of shippers
ana business men, the committee
declared the New Deal has DELHI
erately withheld publication so as
not to reveal the unfavorable trade
balance Of the United States. The
charge stated:
"Diligent search in the reports
Of the Department of Commerce
shows that the trade agreements
(reciprOcaD are a failure in open
ing foreign markets to American
products. This fact would be
boldly apparent in Commerce
and Navigation for 1885, but
that publication has been with
held from the public until after
election"
The Washington times., 1936-10-27
WOMAN HIKER
HUNTSCAREER

Leaving her three children be-
hind, in her quest Of a career as
a poet, Mrs. May Kleiner has
hitch-hiked from Venice, Calf, to
washington in two weeks. Mrs,
Kleiner has had poems published
in several California newspapers.
She now resides at 1885 Eighth st.
N. W., following a pleasant, I'M
eventful trip across the continent.
In addition to her poetic ambi-
tionS, Mrs. Kleiner said another
motive for coming to the District
was a desire to see President
Roosevelt.
Back in Venice, Mrs. Kleiner'S
Oldest daughter, Margery, is keep
ing house for the two younger
ones, Thelma, Is, and Benjamin,
seven.
VOTE AMERICAN
The Washington times., 1936-10-27

hontas field today to dedicate the
largest mine draining tunnel in
the world. 1t drains $4,000 acres
containing 200 million tons of
coal.
A special train carried them
from Bluefield to BoiSSevain,
where high-salaried executives
donned overalls before descending
into the depths to inspect the
18-mile tunnel.
The Washington times., 1936-10-27
Aviation Equipment
Is Loot Of RobbeT

The aviation paraphernalia of
Arnold White, Of Baltimore, took
wings" today.
Mr.. White reported to police he
placed a bag containing two para
chutes, a leather helmet, leather
jacket and a pair of white over
allS on a bench in the waiting
room of Union Station today,
turned his back for a moment and
when he looked around again he
saw a man going out Of the door
with the bag. The loss was 81 900,
he said.
The Washington times., 1936-10-27
UNDERWRITERS
PICK FACULTY

At meeting of the D. C. Life
Underwriters Association, in the
assembly room of the Acacia Mu.
tual Home office Building last
evening for the purpose Of or
ganization and registration for the
educational courses of the Life In
Surance Institute of the D. c. Life
Underwriters Association, the fol-
lowing faculty members were an.
nounced by President Laurence H.
RiggleS, of the association:
Morton H. Wilmer, dean; Win
throp G. Batchelder, registrar;
John E. O'Brien, secretary-treas-
urer; Joseph A. Mari, Harold D.
Kraft, T. Lochl O'Brien, J. Allen
Maphis, Dwight Scott and H. Law
renee Choate.
1t was announced that the first
term will be from November 2 to
February %, and will include the
following subjects: Economics of
Life InSu. ance, Principles and
Psychology of Craftsmanship, Com
mercial and Insurance Law, Wills,
Trusts and Estates, Economics and
Government Sociology, and Secur'
ity of Life Insurance.
VOTE AMERICAN
The Washington times., 1936-10-27
Coal Chiefs Dedicate
Huge Drainage Tunnel

BLUEFTELD, w. Va, Oct. q
G.N.S).-Leaders of the coal in
dustry from throughout the East
came to this capital of the Poca.
The Washington times., 1936-10-27
Train Wreck Mystery

MEMO PARK, N. j., Oct. 81
G.N.S0 Responsibility for a
mysterious train derailment near
here which cost the life of a loco
motive engineer was sought today
by officials of the Pennsylvania
Railroad. The wreck occurred
when a train Of 86 loaded freight
cars crashed into a train of
empties.
The Washington times., 1936-10-27

-V0TE AN ERICAN-