davidaulloa/AmericanStories huggingface dataset:
Evening star., 1936-05-12
Called Turn in Sprinr.

ONLY one Washington player
Cleanup Hitter Cecil Travis-has
driven across as many runs as Kuhel.
They were tied today at 20 apiece,
which is q fair indication Of how Joe
puts his blows to use. Travis, In ad-
ditton to batting in the fourth hole,
whereas Kuhel hits seventh, has made
81 hits to 26 for the frst baseman.
This start Of Kuhel's In chasing
mates across the plate is in keeping
with promise he made at Spring
training camp at Orlando. During
the Winter, it may be recalled, Joe
was wanted by the st. Louis Browns.
Clark Grifath preferred to
give him another chance, how
ever, although ut times this
season he may have found cause
to be dissatisfied with the gen.
eral stickwork Of his first
sacker.
Anyway. while Kuhel wouldn't
promise to compile any lofty aver
age down in Orlando, he did venture
one prediction In an observation he
made.
I'm glad" he said, ''to be dropped
down In the batting order this year
instead Of having to lead OF again,
I guess I'm not cut out right, ment-'
ally, to lead OF. It affected me lot
last year.
Hitting sixth or seventh II
more to my personal Hiking.
Somehow I always manage to do
better when there're runners on
base. II nothing else, ! can
promise q pretty good runs-bat-
ted-in total this season."
II Joe continues to make habit Of
knocking in runs, and Buddy Myer
soon begins to strike his true batting
stride, you can look for better WASH
ington club. The Nationals haven't
done 50 poorly to stay in the first di-
vision on the strength Of spasmodic
pitching and hitting that chiefly has
been done by only three or four men.
New Schedule Presents Angles.
THE 1885 base ball schedule has re-
duced at least one danger to mini
mum and that II the chance you stand
Evening star., 1936-05-12
Sarron
Continued From Fourteenth pase.)

overshadowed Fred's accurate facial
stabs. The Syrian complained In the
tenth round that Miller was thumb
ing" his injured eye In the clinches
and warned the champion.
Evening star., 1936-05-12

New Schedule Presents Angles.
THE 1896 base ball schedule has re-
duced at least one danger to mini
mum and that Is the chance you stand
Evening star., 1936-05-12
Bass Springs Surprise.

~A several Of the leaders permitted
smooth-s -stroking Bob Barnett, playing
carefully purpoeeful golf, to slip In
under the wire with a total Of 145. From
the outset Beach was conceded one Of
the four places. The former Washing
. ton boy Is one Of the outstanding pros
Of this sector and could win q spot in
any four In this part Of the land. But
Bass was the surprise package Of the
day. strokhg the ball smoothly and
confidently Bass played the opening
nine in 80 and the last nine In SO
for . 68. leaving him In q spot where
only complete blow-up would put him
out. He didn't blow, although he
didn't play as well in the afternoon
/ for . ~. Beach slipped In q shot
under him with . final II, finishing
with on the thirty sixth hole, where
an over-strong tee shot found q ditch
Walper and Cof1ey, tieing at 146
Z for the final place, went only one hole
ION the play-of. Both reached the
green at the 370-yard first hole at
/ IIillendale in two shots, but Coffey,
not used to big-time competition,
ss-putted from rs feet, while Walper
got down In regulation figures to win
with Q par 1.
/: CHI Spencer Of Beaver Dam, one
of the qualifiers last year, started with
o good 70 but blew his chances wide
open in the afternoon on the short
holes. Clif1 went s over par on the
four short holes for a 76, to miss
qualifying by two shots. His worst
trouble came at the 180-yard ninth,
where he took S. The toughest
failure Of the day, however, came to
young Charlie Pettijofn, Georgetown
University freshman, q "fioater" reg
astered from the Westchester- -Biltmore
Of New York. Opening with a fine
73, which included an eagle deuce on
the par 4 fifteenth, Pettijohn
played the first II holes Of the after
noon round In over par. But
the strain told on him. He shanked
m iron shot ct the wee seventeenth
for . 4 and three-putted the eight
eenth for S, where two puts
would have put him in q tie with
Walper and Coffey.
Houghton Among Failures.
THE others had little chance. Fred
- Mcleod Of Columbia and Eddie
Stevens of Manor, had opening rounds
Of Is, but faded in the afternoon to
finish far outside. Walper Is the only
q,lalifier this year who also made the
grade for the championship at Oak
mont last year. for the prominent
failures included Al Houshton, now
Evening star., 1936-05-12
By q staff Correspondent Of The Star.

HICAGO, May 12.-The last
couple of ball games played
by the Nationals have re-
. suited IN q revelation within
Evening star., 1936-05-12
DEWITT IN NET SWEEP.

Hales and Chess. unqualified.
Evening star., 1936-05-12
BARNETT, SHOREY,
COX, WALPER in"
Last Named Is Winner in
PIay.off-Beach Leads
Section With 141.
nv w r. McCAILJIM.

6x w. II. McCALLUM.
faces turned toward Bal
tusrol. N. J., and the cham
pionship that was last won
u by O Washington man back
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
BUSINESS FAILURES
SET new 1886 Low
Only ia InsoIvencieS Cited
for Easter Week.

NEW YORK, April 25.-There
were fewer business failures in the
week embracing the Easter holidays
than in any weekly period so far
this year, according to the Dun g.
Bradstreet report today.
The total insolvencies for the
week ended last Thursday was l74,
as compared with 215 in the preced-
ing week, a decline of 1911 per cent,
and 245 in the corresponding period
of last year.
Failures with liabilities of $4,000
or more in each case numbered &c.
a drop of 1879 per cent from the
preceding week, and were 27.2 per
cent under the total defaults in the
like 1885 period.
In Canada the number of insol-
vencieS was also reduced during the
week, total being %, as compared
with q a week earlier and 80 year
ago.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
On Commission R0lU
Reprinted From Late Times Yesterday

NRepEihteu FROM Late limeS Yesterday
Quotation below subject to change are
average wholesale prices being offered to
buyers by local commission dealers.)
FRUIT-Strswberries Louisiana. 24-pt.
Iimes-Mexican, carton, zoe Bananas,
fancy baskets, s3.is: Rome Beauty. si'sS'
Red BAH 'ssOsl, ssTs. PineapplesN, a4si
box. So: Honey Dews, S. America. $3.50
srinsisss thsmpsrs ssas Sti ssets 1Ssas
q doz. era,el, si.s5: cut offs tbul. 81.
crate, $50 casgsts California is-doz.
aoyer, California tl2s crates. $3.50. Celery
CucumberHHothouse ldoz). 81 IS two doz.
box. $3.50. Egg plant-,Florida (dozl
tuce-Iceberg. Arizona best SIS, 5s). s425:
home grown leaf (iS-lb. basket. sl25
Endivs-calitornia tdozJ. Use; Peppers
dos.' SOC. Mint-Hothouse edos9' s soc
Mushrooms--Pound. soc. Mustard-Texas
half crate. $40. onions-1ndiana yellow
low soS bag Se $50 e PsS ssrmsSa hysl
llonR punches. doz:l 35c Parsnips-Home-
grown washed. bushel. 81: half-bushei. Soc.
Michigan Round Whites. io0-lb. bag ST 60:
Maine Green Mountains, loo-lb. bag. s2.50
r. r. Early Ohio. i00-ib. bag. So: Il. r.
Bag oa aS sG sss daao Sssi bets
$3.50: New Florida Triumphs 5o-ib. bag.
s2,25. Sweet potetoes--Tennessee Nancy
grown BUTTONS, dos ss@ H1snes white soS
soc. NEUTRALITY-SUSPICIOUS. bunch. soc.
Rgtsbagas-NeEthsTn so-lb; bag. 81 as. sage
Tomafoes-Repscked. i0-ib. box si.ss:
Florida. oriE. se-ei. lug. $3.50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
STATE STORES
SHOW CAIN IN
MARCH SALES
Independent Retail Houses
Report to Commerce
Department.
Times Special

Times Special
WASHINGTON, April 25.-Retail
sales of 424 independent stores in
Indiana reporting to the Depart
ment of Commerce showed an in
crease Of 10 per cent in dollar VOL
ume for March, 1885, as compared
with the same month for 1895, &C.
cording to preliminary estimates of
the Bureau of Foreign and Domestic
Commerce today.
This report, which covers the
larger independent stores with the
exception of department stores, rep
resents 81 kinds of business, IA of
which, due to an insufficient num-
Der of reports, are contained in mis-
cellaneous or in group totals.
When adjusted for the number of
working days, March, 1896, sales
showed an increase of 80 per cent
from February, 1886. There was one
more working day in March than
in February. Without adjustment
either for the number of working
days or for seasonal influences.
March sales were IS per cent higher
than for February.
All but two of the kinds of busi-
ness represented showed increases
for March of this year over March a
year ago. The greatest gains were
SO per cent shown by motor vehi-
Gle dealers and 80 per cent by lum-
Der and building material dealers.
The losses were shown by the gro
Gerry group and county general
stores, with declines of per cent
and 2 per cent, respectively.
Increases were shown in March by
all lines of trade, except grocery.
when compared with February. The
decline in groceries was almost 6
per cent. The greatest gains be-
tween these too months were shown
by motor vehicle dealers, with an
increase of 80 per cent, and hard
ware stores, with SO per cent higher
sales.
OF the firms reporting for March
272 (642 per cent? reported in
creases over March, 1895; 1874 (31.6
per cent? showed declines, and 10
40 per cent? registered change of
less than per cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
GAIN SEEN IN EXPORTS
Larger Foreign Consumption O
Fog Products Expected.
ines Special


WASHINGTON, April 25.-A
moderate increase in United States
exports of hog products is in pros
pect during the remainder of 1886
on the basis of larger domestic hog
slaughter and concessions obtained
in foreign trade agreements, notably
with Cuba, according to a report Of
the Bureau of Agricultural Eco
Monies on world hog and pork pros
pects
Three years ago the United
States supplied Great Britain with
e1 per cent of her lard imports. The
proportion since last October has
been only 80 per cent, the decrease
being attributed to reduced hog pro-
duction in the United States result
ing from the 1884 drought. This fig
ure may be raised, it is suggested,
with increase in United States pro-
duction.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
FARMERS PAY
Low INTEREST
Mortgage Rate Drops to
Smallest Level in
Seven Years.
Times Special

ItmeS SPECIAL
WASHINGTON, April Is. - A
smaller part of the farmers income
now goes to pay farm mortgage
interest than at any time since 1929,
w. I. Myers, Farm Credit Admins
tration governor, stated today.
Increased income and lower debt
charges have put the farmer in the
most favorable position with respect
to interest payment since before the
depression" Mr.. Myers said.
Lower interest rates, debt con-
citations and other factors have
lifted a $160,000,OOO interest load
from the farmers back since 1892
and reduced the total farm mort
gage interest bill to the lowest point
since 1917" he continued.
According to his statement, the
farmers mortgage interest bill,
which rose to nearly 10 per cent
of gross farm income in 1932-the
all-time high point-dropped to 5
per cent in 1885, compared to At
per cent in 1929. The interest bill,
which stood at $510,OOOO 900 in 1892,
dropped steadily to approximately
$3.50 100000 in 1885.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
FAVORABLE
FOR RADIO INDUSTRY
New Sales Record Is Expected for
Current Year.


NEW YORK, April 25.-The out
look for the radio industry for the
current year is definitely favorable
with prospects for new sales rec
ord, according to a report released
today by the Alexander Hamilton
Institute.
According to current estimates
approximately 22,400,000 or It's per
cent of homes in the United States
are equipped with radios. In 1895.
the number of radio sets purchased
for replacement amounted to 1884,
900. The replacement Demand for
the current year is expected to to-
tai 100000 sets.
Of the total number of automo-
biles registered in the United
States, only 100000 have radio
sets. During 1885, 100000 auto
radio sets were sold, compared with
100000 in the preceding year.
Sales of new automobile sets this
year are estimated at 100000.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
CONSTRUCTION AWARDS
DECLINE DURING WEEK
Total Volume Still 40 Per Cent
Above Last Year.

Times Special
NEW YORK, April 25-Although
engineering construction awards de-
clined during the last week and
dropped to the lowest volume for the
current year, they still were ap-
proXimately 40 per cent above the
total for the corresponding week a
year ago, Engineering ews-Record
reported today. The latest total
was $4,000 900.
The sharp drop was attributed to
low state and municipal awards
Private awards, although lower than
a week ago, were up to the average
week for the year to date Com
mercial buildings established a new
high volume, totaling $7,2O6,OO0.
The last week was made up of
private, $11,564,000; public, ST.
$1,000; Federal, $1,518,OOO; state
and municipal, $15,999,O0O Cores
ponding values for 1885 are, total,
S20677O00; private, 1925, 900; pub
lie, $13,292,000; Federal, $29O8,0OO;
state and municipal, $10,384 900.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
GILLETTE INCOME RISES
Safety Razor Firm Reports Net of
S1,227,S66 in Quarter.


CHICAGO, April 25.-The Gillette
Safety Razor Co. and subsidiaries
earned net profit of 1927 1866 dur
Ing the quarter ended March 81
after all charges. including deprecia-
ton and Federal taxes, compared
with S1,198,663 in the same period a
year ago.
The profit is equivalent, after pre-
1erred dividend requirements, to ~
cents share on 1,998,769 shares of
common stock, exclusive of 10000
shares held in the treasury, COM
pared with 40 cents share earned
on the common stock in the first
quarter of 1885.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25


at, let us say, 101. He sells a large
number of the bonds to investors.
He lists the bonds on the New
York Exchange.
For years bankers have used this
device. The banker puts out an is
sue Of bonds or stock. He offers
the bonds at, let lis say, 10l. He
sells large number of the bonds
TO investors. He lists the bonds
on the New York Exchange.
What is the exchange? In Wall
Street they will tell you it is the
most accurate instrument for fix
ing the true price of securities that
the world has yet invented. What
ought to be the true price of secur-
tiles according to this theory? 1t
is the price which some buyers will
offer and pay to some security
owner who owns a share and
wants to sell it.
TINE bankers are offering their
- bonds to the public at 101.
They want the public to believe
the bond is worth 101. There
fore, while they are still distribut-
ing the bonds to the public-and
this may take some months or
more-they go into the market
themselves and whenever one of
their bonds is offered for sale, they
bid it in at 101 or 1919, which
creates an even better impression.
This creates the impression in
the minds of the investing public
that these bonds can be readily
sold for 101. But this is not the
case. Because If it were, then the
bankers would not have to do their
pegging.
This practice has been the source
of endless abuses in the past. Bonds
have been pegged at prices which
were unreasonable and stocks have
been ''pegged" at prices often so
percent higher than the original
offering price.
ITO PREVENT this, the Securi-
Il ties Exchange Act, when orig
inally drawn, forbade all such prac-
tices. But, as happened in most
features of this act, this was
changed and the commission was
given power to prohibit it.
But the commission has done
nothing about it. Nor has it done
very much about any of the other
abuses, though an effort has been
made in Wall Street to create the
impression that action has been
taken on all these matters.
Now leading banking house de-
clares openly that it is pegging the
price of its recent bond ISSUE The
point is made by Wall Street apol-
ogists that this is sound. They con-
cede that it would be wrong to
boost the price of the security, but
that 1t is proper to peg the price
at or near the offering price.
Neither practice is honest. 1t Is
deliberate device to deceive the
investing public into believing that
the bonds they hold are worth 80
much" in free market when that
is not the case.
copyright. 1896, by United Feature
Syndicate Incl
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
FORFTcN
Produce Markets
From Late Times Yesterdav'

The prices quoted are paid for stock
gathered in the country. while delivered
IN indianapolis the price is a cent higher
hens. i5c; old cocks. &c: Ducks, white 5
lbs, and over. &c; geese, full feather.
all sizes. &c; all guineas Ia lbs. and up.
l7c; delivered in Indianapolis lac
Each full case must weigh SIS lbs. gross;
2 DEDUCTION of 10 cents a pound under SIS
IDS, will be made. No. butter 321z a.
331ac; No. 2. 2s1a6301ac. Butterfat, &c.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
Trends
Banks Pegging Of
Bond Prices Is
Deplored.
by JOHN T. FLYNN

NEW YORK, April 25.-n you
~ have ever heard speech by
any president of the New York
Stock Exchange you have been
struck, am sure. by the repetition
Of the assurance that the exchange
is a free market and that free
market is essential to the security
business.
Some days ego a large banking,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
LOAN TREATMENTS RISE
Times Specini

MINNEAPOLIS, April 25-A gain
of 81 per cent in policy loan repay
ments over last year reflects the in
creasing rate at which borrowers
are paying off loans on their in
surance policies, according to a re-
port made today by the Northwest
ern National Life Insurance Co.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25

house in Wall
S ire ct an
nounced that it
W a S "pegging"
the price of an
issue of bonds
1t had recently
issued. And this
leads one to ask
II a m ar k e t
where pegging
operations are
permitted is a
free market.
For ars
bankers h av e
used this de-
vice. The bank
er puts out an
issue Of bonds
or stock. He
offers the bonds
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
HUDSON SALES HIGHER
Times Special

CHICAGO, April 25.-Retail sales
OF Hudson and Terraplane cars in
the United States during the three
weeks period ended April Is totaled
sOSl, Hudson officials announced to-
DAY. The week ended April IS was
the ninth successive week to show
a marked increase over the pre-
vlous Seven-day period.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
C. OF C. HEAD RESIGNS
Times Special

I EWtS DUCCINI
FORT WAYNE, Ind, April 25.-
Resignation of Edward A. Jordan,
assistant secretary of the Fort
Wayne Chamber of Commerce, is
to become effective Monday. Mr..
Jordan has accepted a sales posi-
ton with the local Horton Manu-
featuring Co.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
STEEL ORDERS RECEIVED

MIDDLETOWN, O., April rs
Orders for more than 500 tons of
Armco steel have been received by
the American Rolling Mill Co. from
the Insulated Steel Construction Co.
and Steel Buildings, Inc. manufae-
turers Of pre-fabricated steel houses
here, it was learned today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
BRISTOL MYERS EARNS
$659,885 IN QUARTER
Net Income Equivalent to Sc Cents
Share in Three Months.

SudEc Iii AnTee MOnLnS.
Times Special
CHICAGO, April 25.-The Bristol
Myers Co. and it's subsidiaries today
reported net income of $685., 1886, or
equal to 95 cents a share on the
686,988 shares of SIS par value cap
ital stock outstanding in the hands
of the public at the end of the first
quarter ended March 81.
For the same period a year ago,
comparable earnings amounted TO
$3.50 ,949, or 70 cents a share on the
694,998 shares outstanding on March
81, 1885.
For the II months ended March
81, the report shows net income
totaling $2,341 SOB, or $3.41 a share
on the 686,988 shares outstanding at
the end of the period, compared
with s1,047,901, or $265 a share on
the shares outstanding at the end
of March, 1885.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
0NE-TENTH OF
POPULATION TO
Get U. S. FUNDS
Scale of Payment Ranges
Widely, Survey Dis
closes.
BIZ United Press

DH tHlftH fFtSS
WASHINGTON, April 25.-In-
come direct from the Federal Treas
sury in 1886 will go to a gross total
of 12,538.552 persons, or roughly one
cut of every ten of the nations 120,-
100000 citizens, United Press sur
vey showed today.
OF the total Treasury checks, more
than half have been added to the
list since the New Deal took over in
1888, although officials pointed out
that a certain amount of duplication
necessarily is included in the totals.
Estimated on the normal basis of
dependents to each recipient of a
Federal check, and with the neces-
sary exceptions, a total of IS, 900, 900.
or about one out of every three citi-
zens will be dependent in whole or
part on the national pocketbook in
1886.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
OIL PROGRAM OUTLINED
Continental Co. to Spend $4,000 900
Drilling 800 Wells in Kansas.

DrIIIIhg SUU WeIIs IN KANSAS.
Times Special
PONCA CITY, Okla, April 25.-
More than $l2,000,O0O will be spent
by Continental Oil Co. in the state
of Kansas during the next Is
months, under an extensive oil drill
ing program, it was announced to-
day following meeting of the COM
pany directors.
A major portion of this expendi-
ture will go into drilling of approx
mately 800 wells on proven struc-
lures In the Geneseo and Mound
Ridge areas, Dan Moran, president,
announced.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
Local Securities

(By Indianapolis Bond and Share Corp)
The following quotations do not repre-
sent actual bids or offerings, but merely
indicate the approximate market level
based on buying and selling inquiries or
recent transactions.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
LOCAL CASH MARKET

City grain elevators are having % cents
Tor No. soft wheat. Otl1er grades on
their merits. Cash corn new No. yellow
so cents and oats i8 cents
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
Relief Group Is Largest

The Federal pay roll in the exec
utive branch, including full-and
part-time, permanent and tenn
porary employees engaged in admin
istrative work, increased from 528.-
542 in 1926 to 1851 at the start
of this year.
Largest single group receiving
government financial support dur
ing the year is under the $780,
100000 emergency relief appropria-
ton and the proposed $500, 900, 900
requested for carrying on the pro-
gram after July l. AT present, ap-
proximately 100000 are receiving
checks from this source.
Next in size is the bloc of ap-
proximately 100000 World War
veterans eligible to receive advance
payment in full of their adjusted
service certificates about June Is.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-04-25
Overlapping Is Undetermined

Payments in 1886 range from a
few dollars to the $4,000 paid Presi-
dent Roosevelt and are in the form
of salaries, pensions, relief pay
ments, farm program benefits and
rehabilitation loans or grants.
Government experts were unable
to estimate the exact amount of
overlapping or duplication where
one person received checks from
two or more Federal agencies. 1t
was pointed out, however, that such
duplication would be small in COM
parison to the total number receiv-
ing checks, and all payment fig
ures were computed to make al
lowance for overlapping.