davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
BuSigrabhs

Industrial production in Decem-
Der fell off slightly from Novem-
Der, but not as much as the nor
NAL seasonal decline During the
year 1885 industrial production in
creased % per cent, with one-quar-
ter more goods manufactured in the
factories and mills of the country,
and mineral production increasing
Is per cent.
Among leading countries, Canada
made the greatest gains in indus
trial production during the past
year, Germany and the United
States almost tied for second place,
the United Kingdom came in
fourth, with France trailing.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
PORKER PRICES
DROP SHARPLY
AT CITY PENS
Market Generally 35 to 40
Cents Lower; Cattle,
Lambs Steady.

The pork market suffered a sharp
setback at the Indianapolis Union
Stockyards today where prices were
generally IS to 40 cents lower than
yesterdays best average. Slaughter
pigs and extremely light kinds were
off Is cents.
Heavy receipts received at points
throughout the Midwestern district,
comprising IL major markets. was
believed responsible for the down.
ward movement, which carried the
top price below the S11 mark. Re-
ceipts at the local exchange were
estimated at 5000, compared with
the same number on hand yester-
day.
Total receipts at the II markets
today numbered $4,000, compared
with only $4,000 a week ago, and
$4,000 year ago Demand was light
at the local market, with practically
no outside interest. Holdovers num-
bered 388.
Top Price $1,000
The bulk, of 100 to 225 pounds.
cashed in at $1,000 to $1,000, with
the latter acting as top price Med
ium heavyweights, from 260 to 32s
pounds, sold at $40 to $10.35, while
extreme heavies cashed in at $3.50
to 1918. Light weights, from 1870 to
$50 pounds, sold at $40 to $1,000.
Packing sows held at $8.75 to $3.50.
Trading developed slowly in the
cattle market, especially in steers
where bidding was slightly lower
than yesterday. The bulk was val
ued to sell under SO. Heifers were
steady to weak, selling around So.
The bulk was eligible at SIPS. Cows
and bulls remained unchanged, with
the latter selling from $3.50 to ST.
Receipts numbered 1900.
Vealers were largely so cents low
er, with the bulk of good and choice
kinds salable at $11 to $11.5O Re-
ceipts were 500. Lambs showed only
a slight change. The bulk of fed
Western grades ranged from $10.1O
to $1025. Natives held at $40 down,
while slaughter sheep brought 1925
to SIS. Receipts were 5000.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
FORD SALES REFLECT
UPTURN IN BUSINESS
Commercial Volume 44.9 Per Cent
Higher During 1885.

DEARBORN, Mich, Feb. 90
Substantial improvement in general
business is reflected in the increase
in Ford Va commercial car and
truck sales during 1885, according to
reports of official registrations on
units received at the home Offices of
Ford Motor Co.
Ford volume of trucks and COM
mercial cars for the whole year was
449 per cent greater than in 1884.
The volume for December increased
more than 116 per cent over the pre-
vious December.
Registrations Of new Ford trucks
and commercial cars in 1885 totaled
1S5.848 units as against 1886 units
in 1884. The 1885 volume represent
ed 36.4 per cent of the entire VOL
ume of the industry In 1884 Ford
accounted for 31.8 per cent of the
industry total. Ford's increase in
1885 volume over 1884 of 44.9 per cent
compared with a general improve
ment for the industry of 26.4 per
cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
On Commission ROlU

CQuotations below subject to change are
average wholesale prices being offered to
BUYERS by local commission dealersJ
FRUITS-Strawberrie Florida, pint,
1sc; 36-pint crate, tic. Cranberries, c. c.
Howes, Eatmores, 2s-lb box, s2.75. Pears;
washington D'Anlo. COOS poyoi $S25'
fornia ASaca dose C2c0.a4si ss.sC' Grapes:
chestl. $3.50, Lines: Mexican carton
Dates: Fresh Arizona $50. Bananas
seven hands pound. 4i2c. Apples: Delicious
fancy baskets, SITS; Jonathans, H.50;
Grimes Golden, 81 rs: Rome. Beauty, sl;es
Texas seediess Cs4s-Sosi. s3.75 Arizona
sunkist ,sOsl: s.. .Tanserines. Florida
d Tsaf l1ts lsss SAT- Art,cbokes California
tdozl. Sis. Beans. green. round string,
less thSmperl. s3.25. seets: Texas q
Cabbage. New York Danish lSo-lb. bag
9oc; Nev Texas 'crstel slSS Red cab,
bsss sob sss' 81 Carrots csfornla
cratei, si75 lbusheD, si.S5. .cauiitiower
California .u2s crate, SITS. Celery
Cucumbers, dollhouse tdoz.l. sl.s5; south
eEn bgshssn ss Egs Plant ut IiOF aSr
$3.50: home grown leaf ls-lb. baskets
81. Endive. California (doS), ,soc
Peppers. manages tcratel, 81, peck pas
ket. sf2s: (dozl. 45c Mint. dollhouse
ldoz;l 7Ss Mushrooms Ipoundl; soc
Mustard. Texas tbunch), 75c. Onions
indiana. yellow l5o-lb. bagl, si25; In
diana yellow. tlo-lb. bag. 2sc; Western
Spanish tS0-lb.. bagl. SIS oyster plant
home grown tdoz.l Acc. Parsley. southern
nong punches dozl. 4sc. Parsnips. home
elown washed fbushen. ST. thalf-bushel
soc. Peas. Florida .hamper). s2;7s, Pota-
toes, Michigan Round Whites f100-lb bagl
81 Maine Green Mountains ti0o-lb
bagl. sass: r. R. Early Ohios li0o-lb
bsgl 81: r. r. cobblers lI00-lb. bag. So:
Idaho Russets ti0o-lb. bag, s240: Idaho
Z bakers Cos boxl, 81 so: Col. McClures tlo0-
ID. bagl. t22o; New Texas Triumphs $50
u. basl. s2.iS. Sweet potatoes. indiana
ibuShen, 81: Tennessee Nancy Halls
Shamper}. Sis; Southern Porto Ricans
tbushel cratel. 81 so. -sadishes. home
gro,sn buttons ldoz.l 4sc; white. Acc.
bagas northern f50-lb bagl s5c Sage
ldozl 4sc. shailcts. Louisiana tdoz,
slio. Turnips. home grown washed
lbushsll, $3.50, Tomatoes repacked no.
10. boxl. si.4o: original Cuban l30-lb
luigi. 50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
(By United pressl

CHICAGO. Feb. Eggs-Market
steady; receipts. 1884 cases: fresh graded
1rsts. 33c; extra firsts. 33c current re-
ceipts. 31Ac: dirties. 29c; checks, 26c But
ter-Market, steady: receipts. 1901 tubs
extra hrsts (90-911a scorel. 3612 q 36s4c;
extras t92 seogel &c; frsts. $685.
standards. 361sc Poultry-Market. steady
receipts. 10 trucks. / car due; ducks. ala
24c; geese. 19c; spring chickens. 24G25c
q CSC; Leghorn hens, l4G1gc: old ROSTERS.
I7c;. broilers. 24@25c. Dressed poultry
Turkeys, young toms. 29c; hen turkeys. 90
1514 d15lsc: Daisies, 15zd15s4c; Long
horns. 153zG16l4c. Potatoes-Suppiy.
Idaho Russet Burbanks. s1.75@195; u g.
No. 2. 81 .55q1.65; Wisconsin round whites.
81 .40M1 As; Bliss Triumphs 81 40: u s.
Colorado McClures SI62l2mI75: Ne
braska Bliss Triumphs s155N165 Arri-
walls, l03; on track. 254; shipments 927.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
COST OF LIVING HOLDS
STEADY IN JANUARY,
Increase in Rents, Coal Offset by
Drop in Foods, Clothing.

Times Special
CHICAGO, Feb. 20. - The total
cost of living of wage earners in the
United States held steady during
January. compared with December,
the National Industrial Conference
Board announced today. Increases
in rents and coal were Offset by de-
clines in food, clothing, gas and
electricity.
January living costs were 3.9 per
cent higher than a year ago. and
1876 per cent higher than April. 1888,
but Isl per cent lower than JAM
uary, 1929. Food Walt IS showed a
drop of 3 per cent from December,
the first decline since last July.
Rents continued higher while
clothing prices dropped slightly dur
ing the month. Coal prices continued
to increase, while the cost of gas
was SO per cent under 1929. and
electricity 15.9 per cent lower.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
RAILROAD NET
INCOME SHOWS
CAIN FOR 1885
Class | Carriers Report
Rise of IA Per Cent
During Year.
Times Special

Times Special
NEW YORK, Feb. 20.-Net
operating income for 149 class
railways for 1885 was reported to-
day by the Interstate Commerce
Commission at $500,069, 148, COM
pared with $465, 6S8. 58S for 1884, an
increase of S34, 3S0,560, or IA per
cent.
For December, net operating in
come of $46,037, 1892 was reported,
compared with 1925 1894 for De-
cember. 1884, a gain of S6,811 1888, or
ia per cent.
Reports from the Pennsylvania
and Atchison system provide ad-
ditional evidence of the continued
improvement for we'll situated lines.
Atchison Net Scars
Large incorporating income re-
ceived in December enabled the
Atchison, Topeka and Santa Fe
Railway System to wind up the first
half OF its current charter fiscal
year-July l to Dec. 31-with net
income of $3.50, 900. against net in
come of $5,838,O00 in the first half
of the previous fiscal year.
Net for the half year is comfort
ably in excess of preferred dividend
requirements of S6,208,640 for the
full year. Since DEFENDERS net OBJ
Grating revenue was little in excess
of fixed charges, most of the De-
cember net income of $3,093,9 49
came from incorporating income.
Apparently a substantial part came
from Western Improvement Co.,
nOn-carrier subsidiary
Cars handled by Atchison in jan
uary were 6.3 per cent above year
ago In early February freight ran
slightly under 1885, due to severe
weather.
Upturn Aids Pennsy
Maintenance of improved business
conditions also is expected to show
up in the Pennsylvania Railroad re-
port for January. On the basis of
car loadings it is estimated that
gross revenues for the first month
approximated $33,000,000, compared
with $29.049.2 87 q year ago, an in
crease of about IS per cent.
January gross, it also is estimated,
should show substantial improve
ment over December, when it
amounted to $32,O41, 436. December,
which is normally a month of low
earnings, produced the second high
est gross of any month last year, be-
ing exceeded only by October, and
compared with $26,911,060 in De-
cember, 1884, an increase of 10 per
cent.
February is expected to continue
the good showing made in January,
as reflected in car loadings, which
still trend upward. and in the latest
week showed the largest total of any
week since that of Oct 26 last.
Loadings Gain 81 per cent
For the period from Jan. l to
Feb. 8 total loadings show an in
crease of 81 per cent over the like
1885 period, an increase of 9.8 per
cent over 1884, and a gain of 24.1
per cent over 1888.
Operating expenses for the first
two months of this year, however,
are expected to reflect consider
able increase, due to the many heavy
snow storms, as well as the pro-
longed cold spells.
Passenger traffic also is showing
an increase.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
ANNUAL REPORT MADE
Globe e. Rutgers Fire Insurance Co.
Has Successful Year.

Tunes Special
NEW YORK. Feb. 20.-The Globe
81 Rutgers Fire Insurance Co. in
their annual statement issued today
reported assets of 1880, ISL: liabil-
tiles of $8,858,894, and a surplus to
policyholders of $10.641,237 as of
Dec. 81, 1885.
The statement shows reserve of
$316,872 for dividends declared and
unpaid, which is the amount of
dividends secured on preferred
stocks of the company to March
l, 1886, and which have been de-
clared and are payable on that date.
The company was in active opera
ton only about seven months in
1885. but marked progress was made
and net written premiums for the
year amounted to S612,794.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
FRUITS AND VEGETABLES
nv TTnifad pr.eA

CHICAGO. Feb. o.-Apples-Michigan,
Mcintosh, hu.. sf.i0Gi50. Carrots-Ilii-
nois, bu., 5oG 7sc. Sweet Potatoes-Ten-
neSsee. bu.. T5s9e0c Peans-Fiorida, bu
si.73d3. Cabbase-Saeks, err cwpt., 81 so
Spinach-Texas. hu.. 50G s0c. Lettuce
western. crates. doz. s225G250 Gu
cumbers-cuban, bu, S3.75G4 Celery
Florida. crates. s2.50G3.25. Caulinower-
California. crates $i256Ii35 tomatoes
Mexican. Tugs. s26375 Onion market 10
ID sacksl--Western valenciss. sl.40: Eli
nois yellows, s0cm$i: Michigan yel,ows
S0c@si; Indiana whites si.3S: Minnesots
yeIlows. 81.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
Produce Markets

The prices quoted are paid for stock
in Indianapolis the price is cent higher
Heavy breed hens. 18c; Leghorn breed
hens. 13c; Leghorn springers. 12c: old stays
13c; old cocks. &c. Ducks. white lbs
and over, lie: geese. full feathered. ali
sizes, 10c: all guineas. "a lbs. and up. 15c;
No strictly fresh eggs. loss off, 23d29c
Each full case must weigh SIS lbs. gross. a
deduction. of 10 cents pound under s.
lbs, will be made. No. butter. 40l2 M
4112c; No. 2. 371a G38l2c. Butterfat. 35c.
Quoted by the Wadley Co.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
B. & O. LOADINGS RISE
Carrier Reports Increase of 1877 for
Week Ended Feb. Is.
Times SpecioI

BALTIOMRE, Feb. 90. The
Baltimore and Ohio Railroad today
reported carloadings at 43,987 for
the week ended Feb. Is. OF this
total approximately 1888 cars were
loaded on line, and 1854 received
from connections.
This was an increase of 1877 cars
over the same week a year ago when
the total loadings amounted to Az
c2O. comprising 27.282 loaded on
line, and i4.738 received from con-
nections. Last weeks loadings also
showed gain of Ito cars over the
previous week ended Feb. 8.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
u UNEMPLOYED TREND
CONTINUES DECREASE
12,056,0OO Persons without Jobs at
End of December.
Tim es Special

Times Special
NEW YORK, Feb. 20.-Following
a slight interruption in November,
the downward trend of unemploy-
ment was resumed during December.
The Alexander Hamilton Institute
reported today. The number of I'M
employed persons in the United
States declined from 12,414,000 in
November to 12,056,000 in Deem
Der, new low for the movement.
This compares with the previous
low of 12,265,000 in October. In
December there were 1868, 900 fewer
unemployed persons than in the
same month of 1894 and 4,806,O00
fewer than in March, 1888, when
unemployed reached the peak for the
depression.
The total number of persons
employed in December was 1888 900.
compared with 38,544,000 in Octo-
Der, the previous high for the re-
covery movement. Since March,
1888, 5,751,000 persons have been
added to the ranks of the employed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
Other livestock
(BY United Pressl

CHICAGO, Feb 2o,-Hogs-Receipts, 49,
to IS cents lower than Wednesdays aver
iSe5; gsosS5 ~ lbs. S;i -O' few
1880; good sows. ss:25@s.75. cattle-Re-
slow; better grade weighty kinds early
steady; others weak to rs cents lower.
best weighty steers early SLIPS; bulk Of
down; although several loads of well fin
ished medium weight and weighty bullocks
here Of value ie 5e sell at $40 upW np'T all
creased; heifers and bulls weak. vealers %
to so cents lower; stockers and feeders
little, more active at s5.75G7.50. Sheep
bids and indications around steady; good
to choice lambs bid s9.75G1o; best held
SO is upward; sheep steady: choice 126-lb;
natives downward to s475 and below.
FORT WAYNE, Ind. Feb. 2o;-Hogs =
Marss bs lsger ao 1890 lbs
2Ss-2sS lbs lbs $3.50 2so275 lbs lbs siOfs
275-3oo lbs. SO; soo-35o, lbs, ss.75 i4O,
so lbs sl 4os las s. 80 sags So e. csyes
s11.5o; lambs, $3.50: -
LOUISVILLE. Feb. 20.-Cattle-Receipts
$50; demand fairly broad for all classes
of slaughter cattle; market opening moder
ately active, fully steady at weeks levels:
Refers sasbe 70 da
bred and offcolored kinds quotable down
to SIS or less; better finished dry feds
ouotable to $3.50 and above for strictly
good kinds: bulk beef cows, S566; good
smooth heifer types quotable around $3.50;
low cutters and cutters mostly s3.50M475;
$3.50 according to weight and quality;
most light beef type stockers and stock
calves salable, s6q8. Calves-Receipts
most bids soc lower az s9.5061050 for
bulk. good to choice grades; asking high
er for strictly choice offerings; medium
sort mostly s7.5oG9; palmer kinds. 81
down. Hogs-Receipts. 600: market, Csc
lower; top and bulk better, 160-225 lbs,
s10.75; 230-250 lbs. SO As: 255-300 lbs.
$3.50; 3o5 lbs. up s9.45; 120-155 lbs. SO IS;
sows. ss.70; soft hogs of distillery mash
feeding subject to discount of 81 or
more. Sheep-ReceiDts. 300 run mostly
fed lambs: no early trading on these:
sellers generally asking $40 for best kinds;
most better native lambs salable, SEQ so;
palmer sorts, s6.5oGs.5o; bulk fat ewes,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
NET PROFITS DOWN

Times Special
NEW YORK, Feb. 20.-Net profit
of $7,009, 237. equivalent to $3.44 a
share, was reported today by Ma
tional Distillers Products Corp. of
New York, for 1885. The compare
BILE 1884 profit was 11,l34, 1853, equal
to $751; a share.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
Trends
Initiation M 0 n S ter
Raises It's Head
Once More.
BY JOHN =. FLYNN

NEW YORK, Feb. 20.-Once
u more the imitation monster
raises its head. 1t keeps cropping
Up about every two or three
months. 1t now rises with some
vigor because of the move being
made in the House to provide an
issue Of currency to pay the bonus.
The move is reflected in dollar
trading in international exchange
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
NET INCOME HIGHER

Times Special
NEW YORK, Feb. 20.--Net In
come of the Pacific Telephone and
Telegraph Co. of 1885 totaled s16,-
744,874. equal to s6.55 a share on
100000 common shares, against
s14,548,216 or $3.50 a share in 1884.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20

ihlC 4 AioNC
believed t h a t
imitation W a S
i n e Wit a b ! e,
there is an i'm
mense amount
of irresponsible
a larm being
sounded about
the peril. In
hation m e a n S
an artificial eX-
pdnSlOn OF puI-
chasing power.
This we have
already done by
e n o r m o u S
a m o u n is of
G o v er n m ent
borrowing, the
fun d. from
W h C h h a v e
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20

been fed into industry through gov
eminent spending.
We are about to add to this
through the payment of the SOL
diers' bonus, which we are going TO
raise by means of government bor-
rowing, paying the money to the
veterans who in turn will feed il
out to the merchants and into in
dustry. All this is artificial expan-
sion of purchasing power.
A S relief expenditures and other
= n recovery costs continue, this
artificial expansion of purchasing
power will continue and as it does
we will continue to have more
and more initiation. We have in
flation now.
But 1 can not follow those who
are using this word initiation in a
more exaggerated sense. They at
tempt to create the impression that
the Initiation we are headed for is
like the initiation which wrecked
Germany and for that matter
France.
I do not think this is in any sense
threatened. What we are heading
for is another dose of initiation like
1929. Unfortunately our people do
not seem to realize that this is bad
enough. But bad as it is, it is not
to be compared with that vast up
setting of values and finance which
occurs in an initiation like Ger
many's. Therefore, those poll
tlcians who are holding up this
DOGGY man are doing their country
no service. They are frightening it
against the wrong initiation.
THEY would do far more effec-
- tive service if they pointed to
the kind of imitation we are actual
~ getting. This is credit imitation
and it Is just as bad as currency in
flation, for while it may not go as
far, it goes far enough to produce
the kind Of depression we have
been suffering from for five years.
And it is worse in that while bust
ness men raise their voices in
warning when currency imitation is
threatened. they permit credit in
fiation to run its course without
whimper.
The imitation which is threatened
now. let me repeat, is that kind we
had under Coolidge. There is one
feature of it which is worse. 1t
will be initiation on government
credit, which is worse than inf1a-
ton on private credit because when
the collapse of private credit inf1a-
ton comes, the situation can be
corrected by private bankruptcy;
but when the collapse of govern
ment credit imitation comes there
can be no easy government bank
ruptcy. 1t is when this collapse
comes that unmanageable currency
imitation is threatened.
Copyright 1885. by NEA Service. Incl
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
DIVIDEND is DECLARED

KANSAS CITY, Mo-, Feb. 30
Directors of the American Service
Co. have declared dividend of SO
cents share on preferred stock,
payable March 81, to holders of
record March IA, it was learned to-
day. N
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
FINANCIAL AREA
SPECULATES ON
TREASURY PLAN
Manner of March Financing
Operation Puzzles
Wall Street.
Timea SnecinI

| Times Special
NEW YORK, Feb. 20.-Wall
Street has began its seasonal specu-
lation on the manner in which the
United States Treasury will arrange
its March Is financing operation
Although not relishing the idea of
attempting to forecast details of the
pending deal in the face of bulge
tary complexities, government bond
dealers, however, were sufficiently
overcome by tradition TO submit a
guess or two.
The Treasury's immediate con-
Germ on the first of the four annual
red-letter days in government
financing is redemption of $780,
100000 of discount bills which ma
ture on March Is. This amount is
Unfortunately heavy for this type of
obligation and was allowed to bulk
so large because originally it had
been the intention to pay them off
with the proceeds of March Is tax
collections.
Congress Changes Picture
Since the reconvening of Con-
gress, however, this idea has been
virtually shattered by the passage
of the bonus bill which will make
it necessary for the government to
be in liquid condition on June 30
the date when veterans may begin
to exchange their certificates for
cash.
In addition to the $450,00O 900 of
bills maturing on March Is the
Treasury also is confronted with the
expiring of $560,000, 900 of notes ex-
actly one month later. 1t Is entirely
within the realm of possibility that
the Treasury may anticipate this
maturity by arranging the new issue
to take in this debt.
The third item of consideration is
the prospect of the Treasury picking
up some additional cash, probably in
the nefghborhood of $500 100000, for
the purpose of placing it in better
position to meet any demands made
upon it by the veterans in their
bonus dealings.
Thus under this set-up the
Treasury's March Is operation could
involve $450000,00O, $1,O1O,0OO 900 or
$1,510,000,000 Government bond
specialists are virtually unanimous
in believing that refunding of the
$3.50 100000 of discount bills will
satisfy the Treasury and lean to
the view that one of the other two
amounts will be chosen.
May Split Maturities
In the event that either of the
latter two amounts are ultimately
decided upon it is expected that the
Treasury will float two issues-a
l5-year issue and a nine-year issue.
In this way the Treasury would be
offering long-term and an inter-
mediate-term Indebtedness.
Possibility of a 15-year issue may
come as surprise, but an explana-
ton is offered the fact that interior
banking institutions, because of
their comparatively large proportion
of time deposits, are in a position to
entertain thoughts of taking on a
debt of this type.
The nine-year issue, it is reasoned,
might appeal to the large Eastern
banks, which are not growing
wealthy on the meager returns al
lowed them on short dated paper.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
Local Securities

CBy Indianapolis Bond e. 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.
RONDS
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
Chicago Grain Futures
LOCAL CASH MARKET
(By Abbott. Proctor & Palmer

City grain elevators are paving % cents
for No. ? soft wheat Other grades on
their merits. Cash corn new No. yellow
30 cents and oats II cents. y
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-20
French Liquor Exports Drop

American purchases Of French mines and liquors
hare decreased than so per cent since the early
stages of repeal. the Department of Commerce an
nounced today Exports to America dropped to 5,967
2f5 IN 1885