davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17
On Commission ROW

Quotations below subject to change are
average wholesale prices being offered to
buyers by local commission dealersJ
FRU1T-strawberries Louisiana "a,
tom tom zoe: Persian seedless (doz.l, 45c
Bananas. seven hands, pound, SC, Apples
BsciOus sncy sas5stsl slss cs RS@e
Ss.25. Grapefruit-Texas seedless G54s-
Sos). 81. Pineapples-(24s) crate. s52S.
VEGETABLES - Artichok s:,,, Gal itpIna
81 Beans sgreenh ee sGuna
bag SSs;e0New Texas tcratel, s25o; half crate.
$40. Carrots-California (6,do5. crate rst,si
nGTeTi eS Washed and trimmed dozJ
s5c; Florida (4s, IS, los cratel. $3.50.
ern busheD. Sc. Egg plant Florida (doz.l
sins. Kaie-(virginia bushep. 85c. Let
tuce-Iceberg, Arizona (best IS, So. s36S'
home sTOTnf leGt so 7 seskef
Manages Manages (crStel. ss.so; peck basket. soc;
doz soc. Mint - Hothouse (dozl. Use.
Mushrooms-.Pouand, soc; Mustard,I Ie;ias;;
J5o-lb. bag). Use; new Texas Bermuda yell
low, 5o-lb. bag 81 80 Parsley-Southern
(long punches. doz.). 35c. Parsnips-Home
Washed S Sameer 81 sOc
Maine Green Mountains. lOo-lb. bag. s2.4o;
n SaT i 3hS Sas 1915 s. ea dshS 81 Russets
.c9-lb. bag, s26s Idaho Bakers. 7os box.
s2s0: New Florida Triumphs, 5o-lb; bag,
$50. Sweet Potatoes-Tennessee Nancy
gown gown buttons. doz.. CSC, white. soc,
ttaaTsas"NortRern so-lb, bag, si,ss. SAGE
4ss shs sns Tsgas Bud d0' sss
Tomatoes-Repacked, 1o-lb. box. SITS.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17
New Business Books
Available at Library

The following new business
books are now available at the
business branch of the Indian
apolis Public Library:
LEGISLATIVE HISTORY OF THE
MOTOR CARRIER ACT. 1885, BY
Warren II. Wagner.
When new law like this is passed.
many provisions which require in
depreciation.
GET IT RIGHT! BY John b. opdycke.
An omnibus OF usages on what is
exact and precise in speech and
writing and what is merely passable
or downright wrong. Notable chap
tiers: Authorizations; Special Titles:
Solicitations and closings; Library
Self Service.
C. p. A. LAW QUESTIONS AND AN
SwERS, 1925-1935, Comp. by J. C.
Teevan.
Supplements an earlier volume
which included legal accounting ex-
aminations, 1917-1925.
BEHIND THE SHOW WINDOWS, BY
Jeanette Eaton.
The panorama of the essential
things bought by the consumer.
PROBLEMS OF TEACHING TYPE
WRITING, BY p. s. Lomax.
Typewriting, the most extensively
taught business subject.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17
PORKER PRICES
RISE IS CENTS
Few LightWeights and Pigs
Steady; Cattle, VealS
Stationary.

New strength developed in the
pork market today at the local
stockyardS, and as result prices
on weights upward from 100 pounds
and packing Sows were generally Is
cents higher than yesterdays best
average. Few lightWeights and pigs,
however, continued unchanged.
The moderate advance was sup
ported by a continued strong de-
mand prevailing in the medium and
heavier grades and slight de-
crease in the total number of re-
ceipts, which was estimated at $500.
The bulk of choice kinds weigh
ing from 100 to 225 pounds sold at
$11.05 to $11.15, while medium
classes, scaling 225 to $50 pounds,
cashed in at $1085 to $10.95. Heavy
butcher kinds, from 300 pounds and
upward. we're salable at $10.15 to
5000. Lightweights, from 140 to
100 pounds, sold at $1,000 to SLOTS.
Packing sows held at 1886 to $40.
With largely weekend clean
up trade prevailing in the cattle
market, prices settled down to a
steady range. Trading was scarce
in practically all divisions, but es-
pecially so in steers, which were on
a catch-as-catch-can basis. Bulk
held mostly under So. Heifers we're
steady to So to $3.50. Receipts were
500.
The veal market displayed only
slight change and the bulk of good
and choice grades held at SO to SO 80
Receipts numbered 600. Lambs we're
firm and active. The bulk of bet
ter grades weighing 90 to los
pounds, mostly clipped kinds, sold
at $9.75 down. Practically all other
classes were absent. Receipts were
800.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17
PRESIDENT NOT
LIKELY TO CURB
SILVER BUYING
Relies ON Policy to Draw
Heavy Western Vote,
Says Writer.
BY RUTH FINNEY
Times Special Writer

WASHINGTON, April 17.-Al-
though there is little chance that
President Roosevelt will abandon
his silvey-buying policy in election
year, recent conversations between
Secretary of the Treasury Morgen-
thau and a delegation of Chinese
f1nanciers may bring silver back in
to the political limelight.
China has protested, repeatedly,
that our silver buying was running
its internal economy, but if the
Chinese visitors principal mission
here is to renew that protest, they
have chosen an inopportune time.
Mr.. Roosevelt is relying heavily
on electoral votes of Western states
to keep him in the White House,
and probably nothing could ALLEVIATE
some of them more quickly than a
reversal of his silver policy.
China Stocks Drained
When the United States began
buying silver in 1884 the result was
an immediate draining of China S
stock of currency. Prices crashed,
banks failed, exports dropped ruin
ouSly. China is estimated to have
$500 100000 ounces of silver, a little
more than a sixth of the world S
total stock, but most of this money
is boarded and the government has
little.
In the first three and a half
months after adoption of our silver
buying policy, $200,000,0O0 in silver
was shipped out of China, and the
Chinese government was forced to
levy equalization charges to halt the
exports. Since then Chinese holders
of silver have been ordered to turn
it in to the government in exchange
for bank notes, issued by the three
government banks and made legal
tender.
The government is trying to sta
Billie the exchange value of the sill
yer dollar through government pur-
chase and sale of foreign exchange.
On the other hand, WeSterners are
disappointed that President Roose-
welt has not raised the price of sill
yer even higher, regardless of what
effect such a policy would have
abroad.
Price Rises Sharply
The Silver Purchasing Act re-
quires that the government buy sill
yer until the price is $1.29 an ounce
or until the Treasury possesses a
third as much silver as gold. There
is much doubt whether, with golo
stocks increasing, it can obtain suf-
fcient silver to reach the ratio re-
quirement. The Administration has
refused to boost the price to the tor
limit set in the bill, holding that il
would benefit foreign spectators
more than domestic producers.
However, the silver buying pro-
gram has raised the price of silver
approximately Is per cent. At pres
eht most Of the silver bought by the
government comes from Canada and
Mexico.
The government pays for it with
newly issued silver certificates but
prevents even the small amount of
imitation this might cause by re-
firing national bank notes in CORE
spending amounts.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17
FIRE INSURANCE
A. T, Ct. EARNINGS
TOTAL $153,525,792
Interest Charges S23,368,696 for
Period Ended March 81.
(By Blyth g. Co..
rrU vnpK RANK STnCKs

Times Special
NEW YORK, April 17.-Net earn
ings of the American Telephone
and Telegraph Co. for the IL
months period ended March 81,
1886, amounted to $153, 525, 1920
compared with $142,952,278.72 in the
corresponding 1885 period, accord
ing to the annual report mailed
stockholders by Walter S. Clifford,
president.
The net earnings, however, were
before the deduction Of interest
which totaled $23, 1863, 696.92 and
$24, 036, 046.47, respectively. Divi-
dends equal to So a share, totaling
$167 ,968, 692.75, were paid during the
year, against $167,960,475 in the
previous period.
In the first quarter this year, the
Bell System reported net gain of
20l 900 telephones, compared with
10000 in the same period a year
ago. The average number of
phones in service during the first
quarter was 3.8 per cent larger
than in the same period Of 1885.
Toll and long distance calls in
creases by Is per cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17
LOWER COUPONS
FAIL TO CURTAIL
BOND PURCHASE
Institutions Indisposed to
Put distractions in
Path OF Issues.
BY CHARLES Fl. HUFF
Times Special Writer

NEW YORK, April 17.-Results
announced for the Federal Land
Banks refunding operation are in
terpreted in most investment quar-
tiers as fairly positive indication that
it is premature to suppose that in
Stitutional investors are disposed to
throw an obstruction across the
path of the Understanding proc
esses that characterize the vast
bulk of current financing activity.
The fact that holders of approx
imately $155, 100000 of Az per cent
bonds, out of a possible $l85, 200, 900.
readily accepted 3 per cent bonds as
a substitute was considered con-
elusive on the subject.
Corresponds to Wage Cut
Arguments on the other side, Of
course, are heard to the effect that
institutions have little choice and
accepted the 3 per cent @bonds in
preference to turning in their AIS
for cash.
Nevertheless, confessed helpless
ness is taken to support, rather
than refute, the contention that
there is not yet on the financial
horizon any threat to continued sue
cess for the current trend of re-
funding at steadily shrinking inter-
est rates.
The earnings cut handed out to
the holders of the Land Bank AIS
was drastic-it corresponds to
wage cut of SO 1-3 per cent. The
reduced rate of return was accepted
for term of possibly 20 years. 1t
affected almost exclusively institu-
lions, since Land Bank bonds uSu-
ally find a resting place in institu-
tional portfolios.
Competition Is Evident
Tt is not difficult to understand
why the exchange offer of the Fed
eral Land Bank was so generally
accepted, if the factor of COMPETE
ton is taken into account. There
was vast surplus of takers watt
ing across the counter for the 3
per cent bonds, anxious to put their
money to work at the lower earn
ing scale.
The holder of the AIS were much
like working force that reads a
bulletin-board announcement of a
wage-cut and knows that a long
line of applicants is Just outside
the door waiting to take the jobs at
the smaller wage.
AS against holders of $155, 100000
of bonds acceding to the drastic
downward revision approximately
$500, 100000 of idle funds were
asking for the per cent bonds,
alone two and three-quarter times
the total needed for the entire job.
It is reported that some of the cash
subscribers received as little as
per cent of the amount for which
they subscribed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17
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. lsc; Leghorn breed
hens, l5c: old cocks. l2c. Ducks. white. 5
lbs. and over. lie; geese, full feathered.
15c; No. strickly fresh eggs loss of,
1870; delivered in Indianapolis, 17iac.
Each full case must weigh SIS lbs. gross:
a deduction of 10 cents pound under SIS
lbs. will be made. No. l butter 3Sq34c,
No. 2 30G3lc Butterfat, 27c.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17
Other Livestock
(By United Press)

CHICAGO, April 17.-Hogs-Receipts.
zoo, 1000; including $500 directs; steady with
lbs. heavier weights steady, cents lower;
top, Sill. bulk. 160-270 lbs. s10.75d1l:
270-s5o lbs. s1o:4o@1O.so; 14o.1sO lbs.
Cattle-Receipts 1000; calves, 500: no re-
liable outlet for light steers; killing quality
plain; mostly kinds to sell $7.5063.25:
about steady; best around. SITS; fat cows
slow, lending lower: low cutters and littls
changed; bulls and vealers steady: weighty
dwon: Sheep-Receipts. 5000; general mar
ket about steady; some. early weakness be-
ing quickly recovered; strictly choice
Of Colorados. sl1.40; early bulk choice
kinds, $i1@1l.25: with numerous loads
good medium weights. s1075611; few
" S5.2505.75.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17

we nave done
with the vast
sum of money
$4,000. 100000 -
which Congress
voted to the
President for
emergency and
relief purposes.
Up to March
81 he had spent
s2,237.130,610 of
1t. That is just
about so per
cent Of it. If
he keeps on at
the same rate
he will, by the
end of the 1s-
cal year June
800, have spent
S3.240 00n nGj or
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17

67h per cent of the whole amount.
OF course this is subject to much
modification. A very large amount
OF the money spent on recovery ard
relief this year did not come out
OF that $4,000, 100000 at all. 1t was
paid from grants and funds voted
by Congress in other years but only
spent this year. So there is left
not only great deal of that $4,-
300, 000 900 but a great deal of other
funds appropriated as far back as
1888.
TINE truth is that the Treasury
IL statement of March 81 shows
that there are to the credit of
various government departments
and commissions unexpended funds
aggregating five and a half bill
lion dollars.
Now what did we do with the
money we spent this year? Treas
ury reports are a bit confusing but
as far as I can make out this is
about the way we spent the emer-
gency funds:
Relief .....$1, 164 900, 1882
Loans 49,. -. 306,601,723
Public Works 362,013,556
There were some other items
which are difficult to classify.
Most important is the item of
relief. Just what the relief eX-
penditures are it is not easy to de-
termine. Men could argue about
that. I have put the WPA expen-
ditures under the head of relief.
That is their object-to pay men
moderate sums for work rather
than for nothing, but the work
has been hit or miss and vast
amount of it is merely the work
which was done before under the
heading of relief.
TN all forms of relief we have
l. spent thus far this year over
half a billion dollars less than last
year-precisely $3.50, 900, 900 less. We
have spent a good deal less on pub
lie works. This year we have paid
out 1862 100000 against s458, 100000
last year. This is falling off of
$96,O00,000.
The loan account has run about
the same-$306,0 100000 this year
against 3O3,0O0,0 900 last year.
The reduction in relief eXpendi-
lures may well be due to improve
ment in the administration of re-
lief. After all, it is huge job. No
man could carry forward such a
huge task without much confusion
and much lost motion, particularly
when he is bedeviled by politicians
and greedy communities. AS the
administration of relief goes on we
may look for it to be more intelli-
gent and less costly.
Copyright. 1896. NEA Service. Incl
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17
STEEL GROUPS
TAKE SIDES ON
CANAL PROJECT
Erie-0hio River Waterway
Subject of Bitter
Dispute.
BY NED BROOKS
Times Special Writer

WASHINGTON, April 17.-An
idea which originated more than a
century and half ago with a young
surveyor named George Washington
has arisen again to plague the en-
cheering talent of the New Deal
Presenting more vexing aspects
than the Embarrassing Passama-
quoddy power dam or the trans
Florida ship canal, the proposal to
slice canal through Pennsylvania
and Ohio from the Ohio River to
Lake Erie has at last reached the
Army Engineers Board for a ver-
dict.
In its more modern history, the
project has taken II years to get
this far. In 1919 Congress ordered
survey of various routes and the
studies have been going on ever
since.
Many Factors Battle
Hearings just completed before
the board found the United States
Steel Corp. arrayed against its
smaller competitors; land-locked in
dustrial communities battling those
with water transportation; experts
challenging each others conclu-
sions, and the railroads raising their
old cry of ruin by the waterways.
District and division Army engi-
neerS have recommended construc-
ton of barge canal which would
involve use of the Beaver, MahOning
and Grand Rivers and construction
of a 27-mile- long reservoir at the
summit level in Ohio.
The waterway would cost $163,-
100000, they estimate, or about $780,
100000 more than the Florida canal.
Of this figure, $4,000, 900 would be
assessed against local interests.
Savings $9,S64,OOO
The engineers estimated annual
net savings of $9,864,000 to shippers,
chiefly those moving coal north
ward from the Pennsylvania and
West Virginia mines and those haul
ing ore from Lake Erie to steel mills
in the Youngstown and Pittsburgh
areas.
The hearing left the Engineers
Board with the task of untangling
an amazing array of conflicting evi-
dence given by experts on both sides.
The Steel Corp, hitherto neutral,
came out against the improvement,
pitting four witnesses against repre-
SentativeS of two of its largest COM
petitors, the Republic Steel Corp.
and the youngstown Steel and
Tube Co.
100000 Tons of Freight
The engineers had left the Steel
Corp. out of their computations and
estimated that even then the water
way would haul 100000 tons of
freight year, or approximately the
amount carried through the Panama
Canal in its peak year of 1929.
Most ardent advocates of the
waterway are the land-bound steel
producers in the Youngstown dis
trict, who have warned that the
community will dry up unless they
are put on an equal footing with
competitors having access to water.
Port cities, Toledo, Sandusky and
Ashtabula, the last of which would
be five miles from the northern ter
minal of the canal, foresee major
diversions of cargo and are oppos-
ing the project. Steel producers on
the Ohio River, now holding COM
petitive advantage, and southern
Ohio coal producers, who rely on
their proximity to industrial and do
mestic markets to the North, like
wise are among the opponents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17
SETS PRODUCTION MARK
Times Special

"ctS Cp6Ctub
NEWARK, N. j., April 17.-Tung-
Sol lamps set a new production
record during the first quarter of
1896. having exceeded production
for the similar quarter in 1885 as
well as for the last quarter of that
year, according to reports of A. T.
Browner, treasurer.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17
DIVIDEND is DECLARED

Tunes Special
CHICAGO, April ia quarterly
dividend of so cents share, pay
able May 10 to stockholders of rec
ord April 81, 1886, has been declared
by the Union Bag and Paper Corp.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17
Trends
Half of A Billions
Is Already
Spent.
by JOHN t. FLYNN

NEW YORK, April 17.-That
\ troublesome thing, the fiscal
year of the United States govern
ment, Is drawing to a close. We
have finished up nine months of it.
1t is interesting now to see what
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17
FOOD INDEX HIGHER
Dun & Bradstreet Compilation
Shows Rise 4 Cents in Week.

Times Special
NEW YORK, April 17.-With a
further increase of 4 cents, the
weekly food index, compiled by Dun
& Broadstreet, Inc. advanced to
1884 during the week ended April
IA, it was announced today.
The advance reflects a gain of Z
cents, or 81 per cent, compared
with the low of $257 recorded two
weeks ago, and has narrowed the
decline of a year ago, when the in
dex stood at $271. Only declines
shown by the index for the latter
week were in mess pork and cot
tonseed oil.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17
Local Securities

(By indianapolis Bond 81 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
tran
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17
Stock Offered Employees

Approximately 1880 shares of stock is
to be offered employees of the Youngstown Sheet and
Tube Co. at s25 share, according to registration
statement fled By the company acth the Securities and
Exchange Commission.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17

WASHINGTON. April iT.-Government
EXPENSES and receipts for the current
fiscai year to April Is. as compared with
a wear ago.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17
N. Y. Bonds
(Reprinted From Late Times Yesterday
DAILY BOND INDEX

Copyright, 1886, by Standard Statisticsl
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17
U. S. GOVERNMENT BONDS
(By Abbott, Proctor & Panel
Trsssrrys
Home Owners Loan Corp.

Sz4S , tS4S 10aa.at ~ 20
oS 4SO6 1UG.ol IUZ.o
Federal Farm MOrtgage Corn
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-17
Chicago Grain Futures
tBy James z. Bennett
LOCAL CASH MARKET

City grain elevators are paying a3 cents
for No. 2 soft wheat. other grades on
their merits. Cash corn new No. 8 yellow
40 cents and oats 10 cents.
The midland journal. (Rising Sun, Md.) 1885-1947, 1936-10-30


in the
S
the sads cion al o a follows
which he elected
such from
The midland journal. (Rising Sun, Md.) 1885-1947, 1936-10-30


by Of the Of the o
stockholders
o n
III anda
The midland journal. (Rising Sun, Md.) 1885-1947, 1936-10-30

II.
by o the CT Of
to Of o o
for andMo
The midland journal. (Rising Sun, Md.) 1885-1947, 1936-10-30

circuits excepting the eighth the
shall
the said the third
sixth SHALL the time their election appointment the tie
the circuits the third sixth circuits that
sixth residing the county shall have equal Of
election
other county the circuit the highest number
in counties
hereafter be prescribed which shall be
intermediate
alter fix the time for hdng fn Of all em until Gherse
position medi
the circuits including the third and
O.
the counties renders The addtio
held in subsequent the adoption this amendment the
herein provided for the other Judges the third
shall held said eeRies subsequent t. the adoption this amendment
provided the other the
shall be resident OF said County and the two Judges shall
the associate shall resident
County the remaining associate Judges OF County
declared elected but election Of candidate candida
said county the order the votes shall
siding other not similarly disqualified shall have
lent number Of Judges qualified out
Evening star., 1936-02-24

Pere Marquette Railway-January
surplus after charges were Sl78,552
VS.. $l05,057 in January, 1885.
Evening star., 1936-02-24
HEDGING PROTECTS
BUSINESS F|RMS|
Sears Is New Recruit to
Membership of New York
Commodity Exchange.

BY the Associated Press.
NEW YORK, February 24.-Wall
Street commodity men are pleased
these days when a big business cor
poration joins one Of the leading fu-
lures markets.
When the dangers Of excessive spec
ulation are being much discussed in
Washington and elsewhere. commodity
brokers say such an event illustrates
afresh the prime purpose Of the or
ganized staple exchanges.
This purpose, they explain, is the
providing of a place for business men
to hedge" their commitments in ma
terials. BY hedging against price
fluctuations, they point out. business
concerns are able to take the gamble
out of accumulation Of materials.
A new recruit to the membership
of the New York Commodity Ex-
change a few days ago was Sears, Roe
buck & Co. This exchange provides
hedging facilities in crude rubber, raw
silk, copper. tin, lead and hides. It
has also established a futures market
in gasoline and crude oil, although
dealings in those items have been
meager.
The biggest hedging markets in the
country are provided by the Chicago
Board Of Trade and the New York
Cotton Exchange.