davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
BANK CLEARINGS SHOW
INCREASE FOR WEEK
Total Reported at S5,647,S94,000 a
Gain of rs Per Cent.

Bu United Press
NEW YORK, Feb. 22.-Bank
Hearings in the United States dur
ing the week ended Feb 10, amount
ed to $5,647, 1894 900, compared with
s5,255 $4,000 in the corresponding
1895 period, an increase of rs per
cent, Dun g. Bradstreet, Inc, an
nounced today. In the preceding
week, the increase amounted to only
81 per cent.
Clearings at New York City
showed an increase of So per cent
huring the week, while centers out
side reported total of 81 1892 81 900,
a gain of 1877 per cent over the to-
tai for the same week of 1885. All
cities, with the exceptions of Rich
mond and Omaha, reported gains.
The percentage of increase in in
dividual cases was lower, however,
than in recent weeks, it was report
ed. The largest advance appeared
at Seattle where gain of 1872 per
cent was recorded. Chicago was
second with an increase of 23.1 per
cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
EMPLOYMENT IN
INDIANA DROPS
DURING MONTH
January PayroIIs Decrease
Ga Per Cent, State
Survey Shows.

Both employment and pay rolls
of 2137 manufacturing and non
manufacturing firms in Indiana
showed decrease during January,
according to a survey released today
by the Indiana State Employment
Service.
Employment decreased approx
mately % per cent during the pc
Rod, while pay rolls were off ga per
cent. Man hours worked also showed
decrease of 10 per cent.
Of the % major groups included
in the survey only five showed en-
ployment gains, while 18 revealed
losses. Four of the five groups
showing increase were among the
heavy manufacturing industrials, the
report stated. The losses, however.
were in line with seasonal expecta-
tons for January.
Increase Is Shown
From January, 1885, to January,
1886, employment in the manufac-
turing industries increased approx
mately 81 per cent, while pay rolls
showed a gain of 176 per cent. The
most pronounced gain occurred in
the durable goods group where en-
ployment increased ITO per cent and
pay rolls advanced 25.9 per cent.
Average hours worked dropped 6.3
per cent during January to 375, but
were As per cent above the cor
responding 1885 month, the survey
showed. Average weekly earnings
decreased 81 per cent during the
month to $21.98. This figure, how
ever, was 81 per cent higher than
the average a year ago.
Employment Trend OFF
The iron and steel group increased
employment by a per cent during
the month, but reduced pay rolls
and man hours worked 73 per cent
and sc per cent, respectively. Sim
liar trendS were recorded by railroad
repair shops throughout the state.
Automobile and automobile parts
manufacturers in the state reported
an increase of IA per cent in en-
ployment. This gain, in one of In
diana's major industries, is sigrifi-
cant in view of the early introduce
ton of new models of automobiles
during the latter part of 1885.
The largest loss in employment
occurred in the tobacco manufacture
ing group where a decrease of 26.7
per cent was recorded. Pay rolls in
the same division showed a drop of
$50 per cent, it was reported. No
cause was given concerning this
drastic reduction. The retail trade
group reported drop of TIA per
cent in employment during the last
month, the survey showed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22

w. L. Lyons & Co., members of
the New York Stock Exchange,
announces the opening of their
Indianapolis Office, here Monday.
The offices, 512-514 Circle Tow
er Bldg, are to be managed by
Russell w. McDermott (above),
who recently resigned as manager
of Abbott, Proctor and Paine.
One of the oldest financial in
situations in the South, w. L.
Lyons & Co. was established in
1878 in Louisville, KY. Three gen.
erations of the family have been
actively connected with the firm.
Mr.. McDermott said his COM
pany would engage in general
stock business.
The company, Mr.. McDermott
stated, holds memberships IN 9TH
er leading stock and commodity
exchanges in the country
Mr.. McDermott received his
training with Halsey- Stuart end
was manager of Fenner- Beane
when the latter merged with Alb
bott, Proctor & Paine about a year
ago.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
DIESEL CONCERN TO
BUILD new PLANT
Cummins Engine Co. Out
lines Expansion Program.

Times Special
COLUMBUS, Ind, Feb. 22-In-
dustrial prospects for 1886 were
frightened here today by announce
ment that the Cummins Engine Co.,
Diesel engine manufacturers. will
soon construct a new building to
house experimental laboratory units.
Purchase of a three-acre tract,
situated near the factorys main
plant, was disclosed by G. L. Cum
minis, company president. Construc-
ton work on the new building, he
announced, is to begin as soon as
weather permits.
The new experimental building, a
steel frame structure IS feet long by
30 feet wide, is to house research
laboratories, several Offices and a
well equipped machine shop.
Transfer of all experimental work
to separate building, Mr.. Cummins
stated, was deemed advisable be-
cause present factory space is taxed
to capacity by production activities.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
JANUARY TAX
RECEIPTS CAIN
Increase Fails to i. Offset
Dip in Revenues After
AAA 0ut|aWing.

By United Press
WASHINGTON, Feb. 22.-An in
crease in other tax receipts failed
to offset the 0iminution in revenues
resulting from stoppage of AAA
processing taxes in January, the In
ternal Revenue Bureau reported to-
day.
Processing and other agricultural
taxes fell from $52,007,134 in JAN,
1885, to $2,780,295. Total receipts Of
the department amounted to $780,
765,038 last month, as compared to
$194, 1865, $50 in the same month
year ago.
The AAA was in effect for the
first six days of January before
being ruled out by the Supreme
Court.
An increase of $38, 100000 in total
income and miscellaneous revenue
collections over January, 1885, Was
largely stimulated by huge receipts
on tobacco and liquor.
Income taxes rose to $38, 060, 989
last month from 22,32O,791 in the
same period last year.
Coal producers were made liable
for the first time in the tax pro-
visions of the Guffey Coal Stabiliza-
ton Act. They paid $249,553.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
SHELL UNION OIL CORP.
SEEKS BOND LISTING
Registration Statement Filed With
Securities Commission.
Times Special

Times Special
CHICAGO, Feb. 22-The Shell
Union Oil Corp. has filed a registra-
ton statement with the Securities
and Exchange Commission covering
an issue of s6o,oO0,ooo 31a per cent
15-year debenture bonds to be Of
fered by a group of underwriters
headed by Dillon, Read & Co. and
Hayden, Stone & Co., it was an
nounced today by j. c. Van Eek,
chairman of the executive COM
mittee.
The proceeds of the issue are to
be used for retiring approximately
$4,000, 900 of the company's out
standing 20-year 5 per cent sinking
fund gold debentures, and about
S24,00O,00 of the outstanding 25-
year 5 per cent sinking fund gold
debentures of the Shell Pipe Line
Corp, and for other corporate pur-
poses.
The new debentures are to have
the benefit of a sinking fund of
ST, 5000 for the first year and in
creasing thereafter.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
PROVIDES NEW SERVICE
Atkins, Hamill g. Gates to Install
Chicago Stock Ticker.

Installation of a Chicago Stock
Exchange ticker was announced to-
day by Atkins, Hamill g. Gates, In
dianapolis brokerage firm, with Of
fices as 204 Electric building. The
new service is to be available to Gus
toners Monday morning.
Recent activity and increased in
terest in securities listed on the
Chicago Stock Exchange has made
it necessary Cor Installation of the
new service, officials of the firm
declared. Members OF the firm con-
sist Of w. c. .itki....ss, James T. Ham
i'll and EdwarE e. Gates Sr.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
Produce Markets
Reprinted From Late Times Yests

theprintea FROM Late Times Yesterday
The prices quoted are paid for stock
gathered in the country. while delivered
IN Indianapolis the price is a cent higher
Heavy breed hens. l8c; Leghorn breed
hens. l3c; Leghorn springers. i2c: old sIsgs.
l3c; old cocks. &c. Ducks, white. lbs
sizes. .loc: all guineas. Ia lbs. and up. l5c:
No.. 1 strictly fresh eggs. loss on. 25c.
Each fun case must weigh SIS lbs. gross,
Deduction OF 10 cents a pound uudA. SIS
lbs; will be made. No. butter. e1i5M
4lszc. No. 2. 37izl36izc. Butteyfakf s5c
Quo;ed by the Wadley Coz
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
BANK BALANCES RISE
Reserve System Has Increase of
S4S,0OO.00O During Week.
By United Press

ONFttU Ftos
WASHINGTON, Feb. 22.-Federal
Reserve Bank balances Increased
$4,000 600 during the week ended
Feb. 10, to approximately 5000, 000,-
900 in excess of legal requirements,
it was announced today.
An outward flow of gold was halt
ed and the monetary gold stock of
the reserve system rose $1,000, 900 to
$40. 160. 900 900, the statement of con-
ditions Of member banks showed
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
JAMES TALCOTT, INC.
HAS LARGER INCOME
Net Earnings Increase Al Per Cent
in 1885, Report Shows.


in 1885, Report Shows.
Times Special
CHICAGO, Feb. 22-James Tai
colt, Inc, has reported for 1885 a
record volume of business totaling
S68,162,010, and the highest net
earnings in its history, amounting to
s481 ,952, after all expenses, taxes
and reserves. j. Friedrich Talcott,
president, announced today.
The 1885 volume represents an in
crease of approximately % per cent
over the $52,633, $40 receivables pur-
chased in the previous year, while
net earnings increased Al per cent
over the 1884 net of 1888, $50.
The factoring branches of the
company, who entered into new
fields, were responsible fer II per
cent of the years business in 1885,
and are expected to show a much
larger percentage during the current
year, it was reported.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22

NEW LIFE INSURANCE WRITTEN

Total life insurance written last
December, while ahead of Novem-
Der, did not increase equal to the
seasonal amount, and was 6 per
cent under that written year ago.
The drop was in the amount of
industrial insurance written which
declined 81 per cent, while ordi-
nary insurance was only slightly
less. In Defender the average Or
binary policy was written for $1,000,
or $50 more than that of a year ago.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
STUDEBAKER SALES UP
Retail Deliveries Show Increase of
35.7 Per Cent.

1tmeS special
SOUTH BEND, Feb. 22.-Retail
deliveries of passenger and CONNER
cial cars of the Studebaker Corp.
during the first ten days of Febru-
airy amounted to 1865, an increase
of 357 per cent over the same period
a year ago, George D. Keller, vice
president in charge of sales, an
nounced today.
Up to Feb. 10 this year the COM
pany's retail deliveries aggregated
1868 units, the largest for any cor
responding period since 1929, it was
reported.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
TOTAL ASSETS REPORTED

Times Special
CHICAGO, Feb. 22.-The Colonial
Life Insurance Co. of America today
reported total assets of S18,346, 1886
as of Dec. 81, 1885, an increase of
$304,655 over 1884. The reserve funds
for policyholders rose to S16,O8O,8 1886.
New insurance paid for during 1885
was S28,919,618.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
FILES BONDS WITH SEC
Terre Haute Firm Asks for Listing
Of AZ Per Cent Issues.
Times Special

IWN6S SpeClnE
CHICAGO, Feb. 22.-The Citizens
Independent Telephone Co., Terre
Haute, Ind, has filed a registration
statement with the Securities and
exchange Commission covering ST.
100000 first mortgage AZ per cent
series A 25-year bonds, it was an
nounced today.
The company is one of the units
of the Telephone Bond and Share
group with practically all of its
stock owned by the Telephone Bond
and Share Co. Lawrence Stern &
Co., Inc, is underwriting the entire
issue.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
NET INCOME DECREASES

INES Special
NEW YORK, Feb. 22.-Net income
of the Public Service Corp. for the
II months ended Jan. 81, 1886, de-
clined to $23,5O5,8 76, equal to $2.48
a common share, compared with
$25, 108,445 or $2.75 a common share
in the previous year, it was reported
today. January gross totaled &c.,
788,545 and net $2,247,0 4O.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
FULL RATE RESTORED
Crane Co. Declares Quarterly
Dividend of S1.75.

Times Special
CHICAGO, Feb. 22.-Stockholders
of Crane Co. are to receive the full
annual dividend of 81 share on the
company's per cent cumulative
preferred stock, it was learned today.
This was assured when directors
of the company noted quarterly
dividend of SITS a share on the pre-
ferred stock payable March Is to
holders of record March 2. In the
preceding II months four quarterly
dividends of 81 each were declared.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
Candidates NOzU Lining
Up for No. 2 Job of Z. S.
John R. McCarI Ineligible for disappointment to Office of
Controller General
BY FRED w. PERKINS
Times Special Writer

WASHINGTON, lining up many
the job" of the
the United
The 15year of McCar tight
Federal strings since 1921 ends Under the Budget
be
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
INVESTMENT FIRMS
EXPENSE RATIO OFF
a. Companies Show Decrease of 80
Per Cent in 1925.
Tunes Special


NEW YORK, Feb. GA further
decline in the ratio of expenses and
taxes of q representative invest
ment companies to their aggregate
net assets was reported in 1885, ac-
cording to a study prepared by Dis
tributors Group, incorporated, which
shows a drop from 087 per cent in
1884 to 0.80 per cent in 1885.
The recent peak in the expense
ratio was recorded in 1888 when it
amounted to 100 per cent. While
the ratio declined in 1888. actual
total dollar expenses and taxes in
creased by approximately 1872 per
cent, from $3,646, ZOO to $4,273, 400.
The decline in the ratio in the
face of the increase in the actual
expenses is accounted for by the
fact thai aggregate net assets in
1885 averaged higher than in 1884.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22

lace OF a grave
social problem,
h oW C "a n we
hope that the
IRE sp onsible
idealist will not
step in?
M UGH W a S
heard of that
gre a t epoch
making piece Of
! e g i S ! a ion
pom S ored by
t he President
for social Sc
curity. But in
practice it is
W o r k in g out
pretty much as
its critics fore
cast, to say
nothing of the
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
CAR, TRUCK OUTPUT OFF
Production Decreases to 62,SO3 Units
During Week.

Dy UUEt6U PT6SS
DETROIT, Feb. REPRODUCTION
OF passenger cars and trucks in the
United States and Canada showed a
sharp decline this week to approx
mately 62,803 units, compared with
74,72O recorded a week ago, accord
ing to Grams Reports, Inc.
This week or next is expected to
be the low point for the spring sea-
son, the statisticians reported.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22

growing realization that it will be
thrown out as unconstitutional
when it reaches the Supreme
Court.
What I found here in st. Louis
is a commentary on the whole
plan.
A BOUT $4,000 people will file
4 n applications for old-age pen
sions in Missouri. The Legislature
appropriated 100000 for this pur-
pose for Is months. This is $166,666
a month. Figure it out. This is
about $2.75 month for each per-
son, or, with that figure matched
by the Federal government, it
would be $3.50.
OF course, the Legislature said it
believed not more than 5000 to
10000 persons would receive the
pensions. But even 10000 persons
could get only SIC month at
that rate. Yet the Legislature
talked about $50 a month maximum
for single persons and $45 for mar
ried couples.
The assistance board is strug-
Cling with the problem and grant,
ing pensions as fast as investiga-
lions are made. The pensions
range from ST to SIP month and
for couple $l8 month.
How could a more powerful argu-
ment for the Townsend Plan or
any other extreme scheme be made
than by parading some of these
old persons with their pitiful pit
tance of ST a month-"social Sc
curity"-before Congress?
TN spite of all the big talk which
n accompanied the Presidents
signing of the Social Security
Act there is no social security yet
bnd will be none until an adequate
law is adopted.
Only Is states are to share in the
first Federal payments now being
made. And so it will be seen that
bad as this case is, it is actually
far ahead of most states. 1t has
one advantage. Actually granting
81 to $12 a month to aged people
is so dramatic an inadequacy that
the people of Missouri may be
brought to see it.
For while this wretched sum is
being paid, it will not go to more
than 10000 people, while another
10000 will get nothing. And this is
based on paying pensions only to
people 70 and over. Another large
group of those from IS to 10 are
left out because not even provided
for in the law.
This is an American idea of $50
tial security"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
DIVIDEND is DECLARED

Zines Special
a NEW YORK, Feb. 22.-Directors
U American Telephone and Tele-
graph Co. have DECLARED a regular
1uarterly dividend of $2.25 a share
pa capital stock, payable April Is,
yaa6, to stockholders of record
&arch II.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
NET ASSETS INCREASE
Times Special

CHICAGO, Feb. 22.-Assets of the
Agricultural Insurance Co. increased
1,778, 1853 during 1885 to total of
SIS, 1865 the annual statement of
the company showed today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
Trends
st. Louis Launching
Social Security
Program.
BIZ JOHN r. FLYNN .

CT. LOUIS, Feb. 22.-I found st.
~ Louis in the throes of launching
Missoufi's version of what the
President and others are pleased
to call social security" 1t makes
an excellent explanation of the rise
of such social phenomena as the
Townsend Plan. When the respon-
sible leaders of society abdicate or
tumble their responsibility in the
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
LOCAL CASH MARKET

City grain elevators are paying 90 cents
for No soft wheat. other grades on
their merits. Cash corn new No. yellow
so cents and oats 81 cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
Local Livestock

(Reprinted From Late Times Yesterday
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-02-22
SHEEP AND LAMBS
Receipts 5000

(sO-t75) Good and choice. 1000 500
Common and medium .... 3.00M 400
Yearling wethers. good choice 5000 $50
Medium ................. 1000 900
Evening star., 1936-08-24
If you suffer with
ArtIlritiS

Now you can relieve stif. painful joints by
.neutralizing acidity with Mountain Valley
Mineral Water direct from famous Hot
Springs Arkansas. Recommended by ply
sicians for over 80 years. Phone for
booklet
=
! ! Mountain Valley Mineral Water
MET 1O62 1tO5 X ST NV
Evening star., 1936-08-24
Roosevelt
Continued From First Page.)

Central Conference of American
Rabbis, one of a half dozen who ad-
dressed the President, expressed grati-
fication over the administrations
"good neighbor," reciprocal trade and
neutrality policies, but added:
I'VE are profoundly disturbed over
the vast appropriations for armaments
during your administration. We know
that your intentions are pacific and
that these armaments are not In
tended for purposes of aggression, but
all history proves that such an arma-
ment race as we are now engaged IN
and leading can have but one out
come-war.'
He urged the President to take the
lead in an international disarmament
race and thereby to extend the good
neighbor policy to the entire world"
Mr.. Roosevelt, his callers said, ex-
pressed the belief that 95 per cent of
the people of every nation are opposed
to war, but that unfortunately, on this
subject, as on many others, many gov
ernments are behind instead Of abrest
of the wishes of the people of their
countries.
The President was quoted further as
sbelieving that the popular demand for
peace In this hemisphere Is stronger
than ever and that proof of this is
demonstrated in the Buenos Aires Con-
ference of American Republics, to be
held next December.
I The greatest good for the future of
mankind, he was represented as tell
ing the delegation, can be accom-
.plished by spreading the popular be-
lief of the Western hemisphere to
other parts of the world.
Evening star., 1936-08-24

guilty Of having organized Q united
center for individual terroristic acts
on instructions from Trotxky.
The others were convicted Of Join.
ing the venture and plotting the death
Of Sergei Kiroff, chief assistant to
Stain. who was sssassinated at Lenin-
grad ate in 1884, or Of bringing in in.
structions from Trotzky or attempting
to carry them out by killing Stain and
others.
Zinovief and Kameneff had been In
jail since January, 1885, when they
pleaded guilty to completely in KiroiI's
murder.
The sentences Of execution can be
carried out any time within 70 hours
after conviction. The only appeal is
to the presidium Of the Central Exec
utive Committee Of the Communist
party.
Hours before the verdict was an
nounced by the presiding Judge, v. v.
Evening star., 1936-08-24

company clerks, some of them sur
viving backed into tent where
a major was taking bath and tried
to get in the tub with him Nice
girl, Alice -.
One Of my German newspaper
friends, suffering from Scotch alti-
tude fever >. Visiting another news
paper man next room in the cardboard
barracks in Asmara I'm in my
cot, placidly reading, a bunch Of
candles, like a well-furnished wake,
around my head for light The
German finally takes violent dis
like to the pictures on the wall next
door whips out his automatic
First shot severely wounds Hannah
Williams Dempsey. comes right
through the wall, smashes two bottles
holding up two of my candles
Next one eliminates Greta Garbo, also
the flame from two more candles. like
an Annie Oakley trick shooting at
Coney Island Next one carries
away the head of Myrna 10y and
would have taken mine, too. If I
pun lilC COG WILL lIlc
rest of me when the first candles
went out =. Nice fellow, that Ger
man.
My friend, Capt. Francesca Daurio,
pilot, also known as the Bald Eagle
of Ethiopia" under protest :. let me
sit down in the glass -inclosed bomb
ing pit under the plane with the
bombing officer while he went hunting
Ethiopians When he found them
he went down to Is feet so We wouldn't
miss them =. They didn't miss us,
either. shooting most Of the windows
out of our nice glass cage -. Nice
man, Daurio We few from As
mara to- Adds Ababa with baggage
and 10 other passengers after interest
ing preliminaries . He said the
plane was loaded to twice its capacity,
then proved it . taking of we ran
the length of the field, doing 100, just
about to leave the ground when the
landing gear collapsed . We went
over and over like a 20-ton acrobat
smashed 100000 liras' worth of
airplane, and wound up in q native
village half a mile away . But he