davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
OUTPUT
CONTINUES 70 RISE
Production Boosted by 5000 Cars
During Last Week.

I1meS Spectdt
DETROIT, Mich. March 16.-The
third consecutive week of increased
automobile production was an
nounced today by Wards Automo-
tive Reports for the week ended
March H. The weeks production
totaled 1926 units. gain of 5000
cars over the previous total Of 1921
assemblies. This represented the
highest production since week end
ing Jan. 18.
Assemblies for the first two weeks
of the month in excess of 10000
appear to substantiate the earlier
prediction that March output would
be more than 100000 cars and would
represent a gain of more than IS
per cent over the February figure
of 294.528.
Stating that the present optim-
istic sentiment regarding spring
sales is justified and will continue
to be, the report said, that during
the past week dealers orders have
been coming into plants with in
creasing rapidity. causing the manu-
facturers to increase their produc-
ton schedules.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
5 BUSINESS LEASES
COMPLETED IN WEEK
Lindner Brothers Rent Salesroom in
Ma-Co Building.

Leases of two business buildings
and three storerooms in indianapolis
during the last week is a reflection
of improved business conditions in
this city, according to w. A. Bren-
nan, Inc, Indianapolis realtors, who
handled negotiations for both own
ers and renters.
Lindner Brothers, Inc, manufac-
turers of ice cream specialties,
leased the corner salesroom in the
Ma-Co Building at College-av and
38th-st. An adjoining room in the
same building was rented for a
number of years by Henry J. Saun-
oers, who plans to install an ad-
vanced type of garment cleaning es-
Enlistment.
Others included the leasing of the
one-story Automotive Building at
1882 n. Illinois-st to the Indiana
Wheel and Rim Co.; a spacious
storeroom at Virginia-av and Pros
pect-st by the Kroger Grocery ano
Baking Co., and the building at
104446 Virginia-av to M. Sablosky
& Son. who are to open a modern
dry goods and department store this
spring.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
1885 INCOME HIGHER
Wilson Jones Co. Earns S1.95 a
Share in First 6 Months.

I tWfS SpecfNt
CHICAGO, March 16.-Wilson-
Jones Co. has reported net income
after all taxes for the first six
months of it's fiscal year ended Feb.
%, 1886, at $226,451, equal to $1.95
a share, compared with $226,O89 or
S165 a share, for the corresponding
six months of the previous fiscal
year
However, $36,777, representing re-
covery of cash in closed banks pre-
viously written off, was included
in the net income for the corre-
spending six months of the previous
fiscal year, SO that the present
earnings are comparable with $780,
312, equal to s1.39 a share, accord
ing to Benjamin Kulp, president
The company is one of the nations
leading loose leaf and blank book
manufacturers.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
(By United Press,

CHICAGO, March Eggs-Market
steady receipts IL 238 cases Fresh graded
frsts, lsc: extra frsts, lslac; current re-
eeipts: . l.a.c dirties. i6iac;. checks, Ice
Butter.Markst, firm; receipts. s13s tubs:
extra hrsts t90-9li7 scorel. 3iG3lNc ex-
tras l9z scorel. 3iiac; frsts $780, score. .
SOC eiac: specials, 32632iac standards.
3lizc. Poultry-Market steady: receipts
IS trucks car due; ducks. goa 24c: geese.
&c: spring chickens. 24G25c: hens. ina
ale: turkeys. 2062Sc: capons, asa CSC:
Leghorn hens. 14@2oc: ROSTERS. isisG
i7lsc:. broilers, 23G25c Dressed poultry
Turkeys. young toms, 25627i2c; hei,
turkeys, 27c: capons 27Gs0c Geese
Twins. l5h4MI5iac: Daisies, i5hGI534c:
Longhorns, i5s4Gl6c. Potatoes-Supulv
moderate; demand fairly good: markst.
Arm. Idaho Russet Burbanks. ST 80 "a 90
u. S. No. 2. sl50a1.65. Wisconsin Round
White. si.i5Il25 North Dakota Early
ohios. sIz5dl.s0: Bliss Triumphs. $40.
Minnesota Cobblers, sI3smi. 10: Early
ohios. si.2oGi.25. South Dakota Early
Ohio, sI.2o. Colorado McCluYes. 81 sos
100. Nebraska Bliss Triumphs, 81 500
I.65. Arrivals 23T. on track 2as. shipments
1857 Saturday. lS3.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
REALTY CONVENTION
COMMITTEES NAMED
Great Lakes Region Group to Meet
Here in May.

Great Lakes Region Group to Meet
Here in May.
Committee to direct the second
annual convention of the Great
Lakes region of the National Asso-
citation of Real Estate Boards to be
held May % and % at the Lincoln
have been announced by Dan w.
LeGore, formre president of the In
dianapolis Real Estate Board and
general chairman of the convention.
Committees and their chairmen
are as follows: Reception, william
Low Rice; entertainment, Leo H.
finance, Wayne M.
prizes, Fred L. Palmer;
attendance, Thomas E. Grinslade,
and publicity, Joseph j. Argus.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
SHEEP AND LAMBS
Receipts, 1900
Other Livestock
lRv limited Pressl

CHICAGO, March 1s.-Hogs-1s. 600. in
Guiding 5000 directs: fairly active. steady
to 10 cents higher than Fridays average;
Sl0.50G 1890: 250-300 lbs, sl0I0n1O so:
300-350 lbs. s9.85M1015: load 400 lbs.
1855; sows mostly steady at s9M9 So Cat
yearlings 25 cents lower: very slow: middle
and lower grades predominating: general
killing quality being much palmer meaty
killer decline. but thin stockers about
steady; all other killing classes uneyenlv
steady to Is cents lower: bulls steady:
steers, early, $1,000; bulk of quality and
condition to sell at S750M925; best heif-
ers. $685.; choice Vealers up to 50. Sheep
1000; bids and scattered early sales lambs
scaling around IS lbs. down. steady at
Sl0;25 downward; bulk of supply held
higher; heavy lambs neglected BIZ all buzz
ing interests in morning rounds sheen
scarce; quotable steady: fed Texas wethers.
81 ewes off at So: few heavy ewes s5.75.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
NEW PLAN Is ADOPTED
Cooperative Group Insurance Is
Available to Lyman Workers.

Adoption of a plan of cooperative
group life insurance, placed through
the John Hancock Mutual Life In
slrance co., Boston, Mass, has
been announced by Benjamin Ly-
man, president of Lyman Brothers,
Inc.
1t is available to all employees.
and the firm will contribute a cub
stantial portion of the cost. The
insurance was arranged by Walter
B. Lichenstein of the indianapolis
Agency. Lyman Brothers are
manufacturers and dealers of mir
rors, frames, mouldings, portraits
and pictures.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
Busigruphs

Although there has been some
slackening in the rate of automo-
bile manufacture, January produc-
ton exceeded by Is per cent jan
uary, 1885. With the exception of
1929 this was the largest January
output on record. The average fac
tory price of the cars produced in
1885 was SOS. with 80 per cent
closed cars. The gasoline consumed
by motor vehicles last year had
retail value OF three and quarter
billion dollars, while the motor We
hicle user paid taxes Of sl.2SS, 0o0, 900.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
AUTOMOBILE EXPORTS
INCREASE DURING 1895
Thirteen Per Cent More Steamship
Space Purchased Last Year.
Times Snccinl

Times Saecidl
NEW YORK, March 16.-Mem-
bers of the Automobile Manufacture
erS' Association purchased 62,2O6,5
cubic feet of steamship space for
the transportation of their products
to overseas markets during 1885, AL
fred H Swayne, chairman of the as
sociation's traffic committee, an
nounced today
This represented an increase of 10
per cent over the volume of space
used by members of the organiza-
ton in 1884 and it was more than
two-and-a-half times the steam
ship space purchaser for exports in
1888.
Aside from indicating the prog
ress made by members of the auto
mobile industry in the recovery of
their overseas market, Mr.. Swayne
observed that these figures also af-
forded evidence of the extent 10
which steamship companies, as an
associated industry. have shared in
the increased purchases of Ameri-
can vehicles overseas.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
INDIANA MEN NAMED
Ohio Life Insurance Co. Appoints
ID. o. Vickery Special Agent.

The Ohio State Life Insurance
Co.. Columbus, O., today announced
the appointment of two Indiana
representatives. Delbert o. Vickery
of Paolli was named special repre-
sentative.
He is to be associated with the
indianapolis agency of which L. S.
Shafer is manager. Roy Maxwell
was appointed general agent of
the company at Fort Wayne.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
P0RKERS REACH
S11.20, HIGHEST
DURING MONTH
Weights From 100 to ESQ
Pounds Up 10 Cents;
Others Steady.

With a general advance of 10
cents in weights ranging from l60
to $50 pounds the top price of hogs
was carried to the highest mark
since Feb. Is at the Indianapolis
Union Stockyaros today. The new
level for the current month is
$1120.
Other classes, including packing
sows, heavy slaughter grades and
underweights, remained steady. The
moderate advance in prices was
believed influenced by an extremely
light supply of receipts available.
The total number was estimated at
5000, an increase of only 1000 over
Saturdays halliday session. Hold
overs numbered 165.
The general bulk of 100 to 225
pounds cashed in at SOLO 20 5000.
while medium kinds. scaling $50 to
300 pouncS, sold at $1,000 to 5000.
Extreme heavies, from 300 10 400
pounds, brought 1910 to SOTO. Un-
derweights, from 1870 to 100 pounds.
were selling at S101O to $1,000.
Packing sows held at 50 to $3.50,
Initial trading was less active in
the cattle market, especially on
slaughter grades, which showed in
dications of weakness. Bulk of
steers eligible held under $3.50. Beef
COWS ranged from SIS to S6.25. Re-
ceipts were 800. Vealers continued
to display steady trading range.
The bulk of good and choice kinds
sold at $3.50 to $3.50. Receipts num-
bered 400.
Lambs also were stationary with
quality an important factor. Few
choice of fed western grades sold at
$10.25 down. Bulk was eligible
around $40. Native classes were
scarce. Slaughter sheep sold at
1925 to $525. Receipts were 1900.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
SALES OF IMPLEMENT
FIRM BEST SINCE 1929
International Harvester Reports
Gain of 81 Per Cent in 1885,

L tHtoo SptCtut
CHICAGO, March 16.-The In
ternational Harvester Co., worlds
largest manufacturer of farm imple-
ments, has reported 1885 sales 81
per cent greater than in the preced-
ing year, and the first earning for
the common stock since 1880, &C.
cording to the annual statement re-
leased today.
The company's 1885 sales amount
ed to $217,563, AIT, the best total
since 1929. This, however, was
about IS per cent less than the total
in 1929. Net income during the year
amounted to $19,618,238, equal to
$327 a share on common stock,
against $3,948,636, or a deficit of AZ
cents a common share after pre-
ferred dividends, in 1884.
Capital expenditures in 1885 to-
tailed 1862 900, doubling the outlay
of the preceding year. Reserve
charges against earnings and de-
probation account charges for 1885
totaled $24,35o,ooo, against $2o,082,-
600 in 1884
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
Produce Markets

The prices quoted are paid for stock
in Indianap polls the price is a cent higher.
Heavy breed hens, tic; Leghorn breed
hens, lac; Leghorn springers. l2c: Old
lbs. and over. lie; geese, full feathered'
all sizes. loo: all guineas "a lbs. and IN
l5c; No. l strictly fresh eggs. loss of. lac:
case must weigh SIS lbr gross. a deduction
of 10 cents pound Ider SIS lbs, will be
made. No. butter. 35a 36c; No. q 32G
33c. Butterfat 2oc - eNS
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
BANK CLEARINGS RISE
Twenty-Five Leading Cities Report
Gain of ! Per Cent in Week,
Times Snccinl

Times Special
NEW YORK, March 16.-A sharp
increase in the Pacific Coast and
Midwestern cities resulted in a gain
of 7 per cent in bank clearings
during the last week over the pre-
ceding period, Dun g. Bradstreet,
Inc, reported today.
Twenty-Five leading cities in the
United States reported total of
$6,015, SOP 900, compared with $5,624,-
416000 in the corresponding 1885
week. The total was $46,877 900 I'M
der the previous week. Clearings in
New York City were up At per
cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
Other livestock
(By United Press

FORT WAYNE. Ind. March 16.-Hogs
loGl5c lower; l6o-ls0 lbs, $40 90; 10000
S Ss $685. $685. asSs2s Ss slSss 2 s
lbs, slo.35; 3o0-350 lbs, SOLO: 140-i6o
lbs. $1,000; 12o14o lbs. $40: 1oo-l2o lbs,
1913: roughs, sS.75; stays, 81. Calves,
50 so. Lambs, $3.50
LAFAYETTE, Ind. March 16.-Hops-
Market, steady to Csc higher: 1920
lbs, s10.Ss611 210-235 lbs, $40 7oa 10 so:
2s5-26o lbs. slo.4oGlo6o; 26o-325 lbs.
SO :SoIl9 rs; 140-170 lbs, s1025G 10 so;
l00-140 lbs. SO 50Gi0: roughs s925 down.
Calves, $3.50 down. Lambs, So down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
FRUITS AND VEGETABLES
fBy United press,

CHICAGO. March i6.--Apples- Michigan.
bu, Mcintosh. 15cmSi.35. Carrots-IlltTiois,
hG, 25M35c. Sweet Potatoes-Tennessee
bu. S0Ms5c. Beans-F1orida. bu., ST .5oN
z25. Cabbage-Texas crates. sI35GI / so.
s-California, bu. hampers sa75T3
Spinaeh--Texas, hus. 75c. Lettuce-West-
s sIny,S crates dog s35s@s. Celery
Mexican l Jugs ss2s@s75 o ca nn,ma.oes-
California. sl.i5Gl IS Onion marker $50
10. sacksl-Illinois yeliows 40m CSC: Michi-
Gan yelloWs. a0M65cs Indiana vellows, 40 IA
Doc Minnesota yellows. 6oGeSc.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16

est rate of profit out of their OPP
erations. 1t treats with great
est gentleness those corporations
which are content with smallest
rates of profit. This is an emf
nently just principle of taxation.
The excess profits tax Is capable
of great abuses where the tax law
is not surrounded with proper
safeguards. In the early days Of
the income tax, when the heavy
war excess profits were imposed,
amazing evasions we're practiced.
DUT in the years which have
~ interviewed the tax department
has learned much about protecting
the government. 1t is possible to
enact an excess profits tax which
will make evasions difficult and
dangerous. Why, then, does the
government abandon this?
The principle of taxing undi-
vided profits is a thoroughly sound
one. But to abandon all other
corporate taxes in favor of that
is thoroughly unsound.
At the present time the excess
profits taxes do not accrue until
the rate of return exceeds 10 per
cent. This is too high a rate.
They should begin at 8 per cent
and might be graduated sharply
up to yield substantial returns to
the government out Of the cor
porations best able to pay it and
from those which have profited
most from the lift in business due
to government spending.
THEN the act could put drastic
l. limitations on eXtravagant
OUTLAWS to evade the excess profits
tax, such as heavy bonuses, great
advertising and promotional costs,
and extravagant throwing of
money around to defeat the gov
ernment's impost. This is not
difficult to do
Less harm would be done this
way to corporations least able to
support the levy and greater re-
turn in money would be brought
to the government. AS matters
stand, it would not be surprising at
all if the tax which the President
has suggested, while working in
jury to many corporations, will &C
tually not bring in the sums hoped
for.
The surplus tax can be defeated
by the same devices which make
the excess profits tax difficult to
administer, and 1 have heard
nothing of any changes in the
law to meet this situation.
Copyright. 1896, by NEA Service. Incl
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
NINE HOUSES SOLD IN ONE DAY

The sale of nine houses on con-
tract in Indianapolis on March 7
has been reported by Robert Ali
son. president of the Allison Realty
Co. and City Rentals, Inc.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16

But he re-
fused to con-
slider the eX-
G SIS prof t S
corporate tax,
which is now
in use in an
ineffective way.
The excess
profits tax has
one great vir-
tue. 1t falls
on or or a.
tons in pro-
portion to the
rate of their
return 8. 1t
taxes m o S t
heavily t h 0 S e
corpora tions
which have ex-
acted the high
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
PRODUCE PRICES
REMAIN STEADY
Shipments Drop s Per Cent
During Initial Week
of March.
Times SnecinL

Times Special
WASHINGTON, March 16-Prod-
uce markets throughout the Mid
western district have shown a COM
paratively steady tone since the gen.
eral declines Of late February, &C
cording to the weekly report of the
Department of Agriculture today.
The trend is still rather weak to-
ward the middle of the current
month except for potatoes, which
have advanced from to Is cents
at many carlot shipping points. Gel
cry, lettuce, beans, peas and toma-
toes are steady to firm.
Cabbage, beets, apples, oranges,
grapefruit and strawberries are
steady to slightly lower. Asparagus
has been declining sharply, having
lost half of it's market value at some
points since the beginning of the
month.
Potato Movement Gains
Shipments dropped more than 8
per cent during the first week of
March, but still are approximately
IL per cent greater than for the
same week last year. The potato
movement is gaining and the cur
rent rate is about 1000 cars a week
day.
The movement of tomatoes and
Strawberries is increasing, but the
majority of leading fruits and vege-
tables show current decreases be-
cause of lower prices in the various
producing sections, the irregular
quality of many lines of produce at
this time of year, and the still I'M
satisfactory condition of roads III
some parts of the North.
The demand for apples is reported
slow at many city markets and most
sales are near the level of the early
part of the month. The main trend
however, has been lower for the last
several weeks, largely because Of
many arrivals showing scald or
poor keeping quality.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
Trends
Virtues of Excess
Profits Tax
Lauded.
by JOHN T. FLYNN =

NEW YORK March 16.-Much
- is made of what is called the
Presidents strategy in his tax
plan. The President submitted
his tax plan, then lie suggested
three alternatives, each one of
which would be more disagreeable
to a greater number of people than
his favored tax on corporation I'M
divided SURPRISES.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
u. S. BUSINESS
LITTLE CHANGED
BY WAR THREAT
European Crisis Has Small
Effect Here, Says
Magazine.

The CONSERVATION in foreign
offices caused by Hitlers sending
troops into the Rhineland has prac-
tlcally no reprecussions IN the BUSH
ness world here, Business Week re-
ports in today's issue.
Aviation stocks Spurted bit I'M
der the impetus of government or
ders, but with spring just around the
corner, business is focusing it's main
efforts on the domestic market to
recapture sales held off in the last
two months by unfavorable weather,
the magazine says.
Even the tax proposals, unwel-
come as they are, can not stem the
preparations going forward for the
largest volume of business since
1890.
Index Resumes Advance
Not the least among encouraging
factors is the upturn in the Bust
ness Week index for the early part
OF March, after long decline. Steel
activity is close to Sc per cent of
capacity, the highest since Deem
ber's peak of 56.4 per cent. In an
other few weeks it would be no sur
prise to find the steel activity move
up to so per cent, setting new high
since the fall of 1880.
Helpful, too, was last weeks de-
cision to bring steel prices out of the
dark recesses of secret rebates and
concessions and to put quotations
down in black and white for all
buyers to see.
Railroads found their net oper-
ating income in January at the
highest level for the month since
1890, and 81 per cent above a year
ago. Since final figures indicated
that the roads fell short of going
into the black last year by some
$287, $50, they are pressing hard for
continuation of the emergency
charges. The reduction in pas
senger fares makes the fight for the
present freight charges even more
important.
Coal Industry Active
"T'he first sign of thawing has
encouraged Detroit to speed up as
semblies for the big season ahead.
March opened with some $4,000 cars
coming off the lines in the first
week, and still more this week.
However, the setback of February,
when assemblies dropped sharply,
may prevent flrst-quarter produc-
ton from quite equaling that of
1885, even though March is setting
a good pace. Much depends on
sales figures in the next few weeks.
Considering the first two months
together, all records were beaten,
even including 1929.
Though most coal operators are
concerned about the prospects of
the Guffey Act, now before the Su-
preme Court, and about the slow
progress being made in current wage
discussions. the industry is not sit
ting idly by and letting its mar
kets go TO competing fuels. Last
year some 20 coal companies spent
$13,O000o0 for new equipment and
supplies"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
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
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-03-16
EMPLOYMENT INDEX OFF

Times Special
CLEVELAND, March is. - The
employment index in Cleveland de-
creased slightly during the last
month. it was announced today.
The current figure. however, is still
considerably above the like period
year ago.