Indianapolis Times, Volume 46, Number 195, Indianapolis, Marion County, 25 December 1934 — Page 20

PAGE 20

Abreast of The Times on Finance

Trends Year-End Bonuses This Year Best in Spme Time. RY VINCENT S. LYONS

Time* Financial Editor During the last few weeks, and particularly in the Last 10 days or *o. there has been a revival of a happy custom in corporation circles—the declaration of extra dividends to stockholders or the distribution of special compensation to employes. Christmas Day thus has been made a festive occasion for the persons participating in such benefits. Several years aco, or before signs of the current depression appeared on the economic horizon, holiday J bonuses were quite the vogue. Money expended in the form of ; pecial re muneration to stockholders and workers ran up into substantial figures. Stock brokerage firms were particularly liberal in thus respect, their workers being the envy of employes in other branches of industry. Since 1929 extra and increased j dividends to owners of stock and bonuses to workers have been absent. at the year-end. The ravages of the depression forced all business enterprises to institute economies. Although no general survey has been undertaken, it would seem that the aggregate of money spent in this manner this year has been the heaviest in four or five years. ana THIS trend, more than anything else, is a barometer of what is happening in the business channels of the country. It is safe to assume that the special compensation voted this year was paid because executives feel that the current volume of business being handled by them warrants such disbursements. It would not be correct to say that all of the funds distributed in year-end bonuses came out of earnings during the year. Many of the corporations decided upon such gratuities because of substantial surpluses. In view of the fact that there has been a certain amount of fear in business circles that the Government might place a tax on corporation surpluses, some of the disbursements might have been made because of the anxiety. On the other hand, it is questionable whether corporations which were apprehensive of such action would give the money to stockholders or workers rather than use it to letire bond issues or otherwise imp: ove their positions. The giving O' t of special compensation to avoid taxation while their own finances could very well stand some readjustment would seem to constitute a leaning over backward attitude. a a a WHILE some of the larger corporations have been among those which voted special year-end dividends to their stockholders, a further analysis will reveal that of the companies which distributed special compensation to their workers a great many of them have been more or less smaller enterprises. The big corporations are virtually prohibited from making such adjustments by virtue of the huge number of persons they carry on their pay rolls. Disregarding the pros and cons in the matter, the disbursements are a robust commentary on the times. Wherever the bonuses fall they will have the effect of stimulating confidence. which can do no harm. Many of the disbursements, especially the dividend declarations, actually will not be received before the end of the holdiays. However. as announcement of the payments are looked up as equivalent to the receipt of the sums, it is quite safe to say that a good part of these extra funds has already found itself into the business stream of the nation. TRANSIT REVENUES OFF Slight Decline Reported During Week Ended Dec. 15. By Timm Special NEW YORK. Dec. 25 —Transit revenues for the week ended Dec. 15. as reported by a representative group of companies recorded continued gams over last year as shown by the Transit Journal Indicator, which stands at 101 63. as compared with the corresponding week in 1933. This is a slight reduction from the figure for the week ending Dec. 8. for which the Indicator stood at 103.59. M W DIRECTOR NAMED Bu Timm Special SAN FRANCISCO. Dec. 25.—Roland C Foerster has been elected a director of Food Machinery Corp.. in place of George Leib, it was announced today.

| —1934 —! —1934 5 MONTHLY; DAILY FROM OCT. Ist1 st , 1 ~ " 46 j DAILY AVERAGE 44 300 COMMON STOCKS LjL- . 40 ; “———— Wetscl Market Bureau, 1 1 || ! 3d 34 7 34, — 7 r 231. •, I 4 I I I aT* I > 1 t f * Zo ••.*a||V| $ s lit till ‘ . % Ii ii t t t i l i < ff * l * 24 . ~ i $ $ $ | tilt iii ii $ i T 1 ——— | • riii tt t r lit ti t t | ci r, i TTTT“Titi ii ii i T“”i ' 9n >$ i i * $ $t t i $ tt ? i j Zv i* • " i $" • i i~ ii ii ii i — ii i 8 > i tt i t $ ii t i i i $ i i f i ‘ attOfVZ 4 II IS 25 I 6 15 222 ft 6 13 20 OCT - NOV - DEC - '■JAN. UEB MAR.

CABINET POST IS ADVOCATED FOR RAILROADS Secretary Would Supervise All Competing Agencies, Broker Says. The following. fourth of a series of ix articles on "A X>w Deal for the Railroad*,'' mi written for The Indianapolis Time* by Theodore Prince, weU-known railroad authority. BY THEODORE PRINCE NEW YORK, Dec. 25 —The proposed plan sets up a Secretary of Transportation as a member of the Cabinet, whose sole function is to supervise the operations not only of the "corporation” but also of all forms of completing transportation. All problems profoundly affecting the prosperity of the railroads are included. Unless we have elasticity instead of rigidity we will make no progress. For example, local taxation today eats heavily and unfairly into the revenues of the railroads. The secretary will be charged with the duty of studying this question with the purpose of seeking and obtaining some relief, if possible, for this complicated problem. Rivalry to Be Aired. Also, the secretary will take up the question of unfair competition of trucks, busses, airways and inland waterways. Such forms of transportation, it is known, are paid for in part by the Government, states and municipalities, and even indirectly by the railroads to the latter's detriment. Mergers, also, shall become part of his scrutiny and consideration. He shall take the initiative in such matters and devise suitable legislation to lay before Congress in order effectively to carry out such programs The secretary shall be the administrative head, so to sp>eak, the general supervisor. He shall work in close co-operation with the “corporation” and be fully informed as to the general plans and operation. He shall, by representation or otherwise, ex-officio be a member of the central board of directors. Broad Powers Urged The powers of the Secretary of Transportation should probe deeper than merely supervising the “corporation’’ or laying out plans for a co-ordinated and balanced transportation system. For example, it might not be amiss to devise anew method of selecting head executives of railroads which might give opportunity for “new blood” to grapple with these problems of tremendous complexity. The criticism that the executives have been at fault may have little or no merit, but advanced methods of transportation and of equipment might be a greater step forward in increasing the traffic of the railroads. Also, the Secretary of Transportation might give his attention to the method by which the officers of a railroad are elected. The present system of voting by proxies give the owners of a railroad little choice in the selection of their officers. The stimulation of interest on the part of the stockholders in selecting their representatives and more information as to those to be voted for by stockholders in pivotal posts, their policies and accomplishments might again be a step that would help the solution of our present railroad problems. AUTO OUTPUT HIGHER Canada's 11 Months’ Total Far Ahead of Last Year. Bj/ Times Special WINDSOR, Ontario, Dec. 25. Canadian automobile production during the first 11 months of 1934 was approximately 72 per cent above the same period last year, figures released by the Canadian Chamber of Commerce today revealed. Until the end of November this year 114.188 automobiles were turned out. PEANUT CROP GOOD Is Now Alabama’s Third Best Product, Figures Reveal. Bv Time * Special MONTGOMERY. Ala., Dec. 25. The peanut has become Alabama’s third largest crop in cash value and will have added approximately $8 000,000 to the farmers’ pocketbooks before the end of the current selling season. The 1934 crop was estimated to be worth $7,974,000. or S6O a ton for the estimated yield of 265.800.000 pounds. ORDERS GAIN SEEN Bp Times special PHILADELPHIA. Dec. 25.—Carload shipments of automobile bodies aid parts of the Edward G. Budd Manufacturing Cos. this year will exceed those of last year by approximately 38 per cent, the com- | pany announced today.

Wall Street ~ BY RALPH lIENDERSHOI-

NEW YORK. Dec. 25.—The Government has assumed management of an American railroad —the Denver <k Salt Lake. In Washington it is said that the step does not involve the “taking over” of the property, but in Wall Street the development is viewed in its broadest sense. It is looked upon as an entering wedge to Government

ownership of all railroads. At the offices of the Reconstruction Finance Corp. the move was described as being similar to the Chicago bank case in which -the Government named the chairman of the board of directors. It was explained that the property would be turned back when the loan was repaid.

But Wall Street wonders bow and when the debt can be discharged. The carriers have been having a hard time meeting their interest payments in recent months, several having gone into the hands of receivers, and their costs have oeen on the increase due to higher wages and pension requirements. a a a THE Government has made a great many loans since President Roosevelt took office. Undoubtedly some of these loans will prove unsatisfactory from an investment point of view. By taking over a railroad property the Government would seem to have set a precedent for action where its other loans are concerned. If this supposition is correct the Government may find itself possessed of considerable real estate, many factories and all sorts of other equities in the course of the next four years. And, while the ownership may not be worth special attention, the principle involved is important. Evidently the Government intends to operate the Moffa’;. And no doubt it will attempt to do so at a profit. This will mean competition with privately owned roads, and the fact that it will not be obliged to pay taxes may be construed as unfair competition. Perhaps frieight may be routed over this road because of the power to do so which rests with the Government. ana THE Government, it must be granted, is in a rather tough spot by reason of its loans. It made the advances in the interests of the country and because of the emergency. It probably will be criticised no matter whether it adopts a strict or lenient policy toward the debtors. If it takes over the property securing the loans, in cases of default, it can not keep out of the realm which has been claimed for private business, but if it refuses to take them over it runs the risk of having debtors refuse to make repayments' even when they are able to do so.

Stock Studies

Canada Dry Ginger Ale is a holding company. The original company was formed in 1890 as a Canadian concern. About 11 years ago it started sales in the United States and through extensive advertising its growth has been rapid. Besides being a leading manufacturer of ginger ale the company, since the repeal of prohibition, has been active in the marketing of wines and liquors. The company holds 50 per cent of the outstanding stock of the Hupfel Brewing Company. Canada Dry maintains a well equipped research department. Plants are strategically located. FINANCIAL DATA (As of Sept. 30) Capital stock ($5 par) shares.... 512,631 Profit and loss surplus $4,544,151 Invests. (Hupfel Brewing C 0.).... 1.000,001 Cash and securities 1.204,417 Inventories 1,243,950 Total currpnt assets 3,976,056 Current liabilities 814,796 During the fiscal year ended Sept. 30, cash and securities decreased about $1,300,000; inventories, however, were up nearly $700,000, while net working capital dropped about $250,000. Its investment in Hupfel Brewing Cos. increased $500,000. while profit and loss surplus gained $400,000. On Sept 30, the current ratio was nearly 5 to 1, while the book value of the common stock was $14.15, or 75 cents more than at the beginning of the year. In past years Canada Dry has had good earning ability, but during the depression years it dropped materially. In the 1934 fiscal year 86 cents was earned. Due to drop in earnings dividends have had to be decreased, but have never been omitted. The annual rate of $1 was paid in 1933 and 1934. Canada Dry was incorporated in 1925 in Delaware. The capital stock is listed on the New York Stock Exchange. At a current price "Os around 15 i 3 it sells to yield 64 per cent and at 18 times earnings. ■ All right reserved. Winchester Institute of Finance Winchester, Mass.)

HIGHER PRICES FOR ARTICLES OF FOOD SEEN Quotations on Meats Will Rise Sharply, Editor Says in Study. By Timet Special NEW YORK, Dec. 25.—When that economic fiction called the “consumer” reaches this date a year from now, he is going to look back over 1935 as a year of increasingly high prices for the things he eats, Dr. L. V. Burton, editor of Food Industries, declared today in a forecast of 1935. “The picture of the future,” he said, “is not a pleasing prospect for the unenviable possessor of a slim pocketbook, unless its owner is one of those who will gracefully accept the inevitable and be content with eating substitutes for meat to a large extent. For the fact is that there is impending a shortage of livestock, the like of which has not been seen for about 30 years. “Prices which we are paying today for meat can be expected to go up considerably within the next three or four months, although, paradoxically, the United States Department of Agriculture will do its best to hold them down. Cheaper Cuts Likely “People will turn to the cheaper cuts of meat, to fish and poultry and cheese but long before the year 1935 is over, many a housewife will have mastered the art of whacking up a corking good meal without much meat. “Canned vegetables are in socalled normal supply today, but when the drought of mid-summer, 1934, plus the December Florida freeze has gotten in its damage will a “normal” supply be adequate? It seems reasonable to expect that the demand for canned vegetables will push the prices somewhat higher than they now are. Just how high they will go will be determined by the supply of raw vegetables, coming in from the South during the winter. Breadstuff Surveyed “As far as breadstuffs are at present concerned, there is not much basis for anticipating higher prices unless, of course, there should be another drought in 1935—a calamity that is just as possible as it was in 1934. It is still too early to evaluate the real effect of the prolonged dry spell last summer. By some observers it is considered to be an impossibility in the future to raise satisfactory crops in the drought area for a long period of years, if ever again. “When next March rolls around we may know more about it, although it seems unlikely that the worst will be fully known even then. It sometimes occurs that a little rain at the right time can produce a good crop, even though the soil itself may be in reality losing moisture. “It seems probable that the retail food bill of the United States will increase about 15 per cent over the 1934 figure.” MADDEN SENDS LINE TO FURNITURE SHOW New Merchandise to Be Exhibited at Chicago Display. Samples of the new 1935 line of the John J. Madden Manufacturing Cos. have been shipped to Chicago for introduction to the industry at the national furniture show at the American Furniture Mart, opening Jan. 7, John J. Madden announced today. “The new merchandise, on which our designers and production men have been working for several months, is ready,’ Mr. Madden declared. “In our opinion, it is the finest line we’ve ever offered, and we feel confident that the buyers for the stores, when they see our display at Chicago, will agree.” Several executives of the company will attend the market at the Furniture Mart, which is the largest show of home furnishings anywhere in the world, and supervise the showing of the line made in Indianapolis. DROUGHT LOANS MADE By Times Special CHICAGO, Dec. 25.—Drought relief loans totalling $50,000 were extended to 2815 farmers in 53 Illinois counties during the two-month period ended Dec. 15, Wilfred S. Reynolds, executive secretary of the Illinois Emergency Relief Commission, reported yesterday. RAIL POOL TO PAY By Times Special WASHINGTON, Dec. 25.—The Railroad Credit Corp. has announced it would make a liquidating distribution on Dec. 31 of $735,993, or 1 per cent to the participating carriers. Os this amount, $354,932 will be in cash and $381,061 in credits. VITAL STATISTICS Marriage Licenses Vern Boxell, 24, of 2133 Broadway, newspaper man. and Lucille Vivian Keller. 23, of 4237 Guilford-av. Whilden Amos. 25. Southport. Ind.. teacher, and Elizabeth Watts. 19. R. R. 1. Box 358, record cleric. William 3ank, 33, . egro. 814 1 ! Fay-ette-st. butcher, and Irene Westfield. 30. Negro. 948 N. Sheffleld-av. househeeper. Claude Church. 29. of 1834 Jones-st railroader. and Dora Willoughby. 23. of 2801 W. Morris-st. housekeeper. Thomas Cade. 24, of 826 Arbor-st. clerk, and Dorothy Trackwell. 23. of 548 Warrenav. packer. I Henry Bond. 26. of 1804 Park-av, stenographer. and Bessie Swisher. 22, of #6O E. 17-et. bookkeeper. Norris Harold. 53. of 1454 Fairfield-av. •physician, and Cora Schoen. 47. of 5901 Lowell-av, merchant. Gordon Peterson. 21. Greencastle. Ind. student, and Helen Smith. 27. Clavpool Hotel, teacher Raphael Wolfe. 21. Van Bur-.-n, Ind.. teacher, and Maurine Stump. 21, of 325 W. 44th-st. checker. Glenn Howard. 29. of 24’.!2 W. racksonst. laborer, and DeVota R ibinson. 22. of 39 S Warmar.-av. housekeeper. Walter Morgan. 31. of? 01 N. New Jersev-st. drv aleaner. and Patricia Robertson. 27. Columbus, Ind. nurse. Ralph Faulkner, 21. of 1938 Wilcox-st. printer, and Carrie Perce 19. of 2024 W. Michigan-st. laborer. Charles Leavitt. 21. of 3K40 N. Kevstoneav. trucker, and Emma P> tty. 18. Bridgeport. Ind . lunch room mi nager. Norris Young. 19. Negro 1124 W. 25thst. coal dealer, and Helen Noe. 20. Negro. 2423 Barnes-av, housekeeper. William Aveyard, 22. Richmond. Ind . paint maker, and Leah Mareck. 22. of 1642 Park-av. housekeeper. Herbert Eaglen. 30 of 306 N. East-st. garageman. and Lucille Maddox. 18. of 306 N. East-st, housekeeper. Alex McCallum. 34. Eastgate Hotel. ?anager. and Mary Mather, 24, of 2439 ark-av. stenographer. Karl Simpson. 28. Three Rivers, Mich., box maker, and Bernice Meek. 28, of 2728 K. Dearborn-av, school teacher.

ilendershot

THE INDIANAPOLIS TIMES .

VITAL STATISTICS Marriage Licenses Ford Woodall. 34. of 852 N. Jefferson-av laborer, and Allie Melvin, 36. of 2009 Shelbv-st, typist. Thomas Aubrey. 58. of 406 Hanson-av, laborer, and Josie Lay. 52. of 406 Hansonst. housekeeper. Oscar Anderson. 46 Louisville. K'".. salesman, and Edna Lever. 36. of 442 7 N. Pennsylvania St. housekeeper. Clifford Baker. 27 of 338 V Noble-st. trucker and Vere. Lehr. 22, of 334 N. Noble-st. clerk. • George Haisiup. 22. of 6102 E 9th-st, laborer and Eleanor Lutz. 22. of 1346 La--Balle-st. clerk. William Roberts. 26, Negro. 1024 Roachst porter, and Juanita King. 22. Negro. 2828 Highland-pl. maid Chester Wills, 47. of 441 N Kevstone-av. carpenter, and Emma Kruttel. 33. of 850 Coilege-av, operator. John Hummel. 50. Flora. Ind.. station agent, and Lelah Jackson. 41, of 446 N. Sherman-dr. clerk Thomas Smith. 46 of 2301 LeOrande-av, pattern maker, and Mildred Hoagland, 28, of 318 Sanders-st, governess Robert West. 16. R R 5 Box 229. electrical worker, and Elizabeth Hueston, 18. of 2110 Troy-av, clerk Glen Worrell, 36. Bloomington. Ind.. truck dispatcher, ani Edna Hunter. 29. of 307 E. 9th-st, nurse. Russell Wade. 21. of 2940 W. Jacksonst. mechanic, and Leona Hayward, 18. of 1019 Rowena-st, housekeeper. Ira Burdine, 34. of 3523 W 12th-st. laborer, and Helen Galyean. 18, of 566 King-av, housekeeper. Isadore Kwlting. 32. of 3145 Central-av, r sician, and Julia Goldberger, 27. of 530 54-st. housekeeper. . Carl Posey, 21. of 2211 B lOth-st. knitter, and Wilma Gregory. 19, of 2044 Adams-st, veneer worker. Donald Stong, 21. Wayne township, mechanic, and Louise Green. 18, of 1316 W. Ray-st, housekeeper Robert Compton, 22. Hamilton. O . shipping clerk, and Gertrude Feltner. 22, Claypool Hotel, housekeeper. Paul Fioster. 22. Neg r o. 1401 Cornell-av. porter, and Eleanor Cuthrell, 23, Negro, 1401 Cornell-av, housekeeper. Booker Bracey. 30. Negro, 123 Douglassst, butcher, and Lucinda Beverly. 29. 123 Douglas-st, housekeeper. Otto Crenshaw. 41. Negro, 1441 Parkerav, laborer, and Lue Breeding. 41. 3019 Minnesota-st. housekeeper. William Phillips. 27, of 1101 Lawrenceay. tavern operator, and Grace Baker, 21, of 234 E. 9th-st, Apt. 15, housekeeper. Delbert Shultz, 31. St. Louis. Mo . mechanic. and Rosa Evans, 25, of 505 N. Whittier-pl, housekeeper. Births Boys. Edna and Norman Brenton, St. Francis Hospital. Ella and Charles Miller. St. Francis Hospital. Helen and Jess Aldridge. St. Francis Hospital. Catherine and Harry Malone, St. Francis Hospital. Margaret and John Kidwell, St. Francis Hospital. i Myrtle and William Patterson. Ist. Francis Hospital. Girls Mary and Clarence Moblev. St. Francis Hospital. Mercedes and Anthony Gurrlnl. St. Francis Hospital. Winners for Dec. 21, 1934 ‘•SANTA’S QUESTION BOX FIRST PRIZE Mrs. Frieda G. Patton. 71 S. 9th Ave., Beech Grove SECOND PRIZE Mrs. Ernest Trabrandt, 1618 E. Vermont St. THIRD PRIZE Mrs. H. A. Keller. 608 N. Bancroft St. NEXT FIVE WINNERS C. K. Lowe. 2231 E. Wash. St. Mrs. B. M. Smith, 741 Congress Ave. Ella Lounsbury, 4619 Carrollton Ave. Elizabeth Stanfield. 833 W. 28th St. Geraldine Power, 1330 Marlowe Ave. NEXT TWENTY WINNERS Mrs. Hernia Gibson, 558 N. Keystone Are. Miss Bernita Upshaw, 1432 N. Colorado Ave. Mrs. Evelyn Gibson, 633 E. Dr., Woodruff PI. Harry Tom Dearing, 1330 Marlowe Ave. Miss Gladys Callahan. 1179 Centennial St. Miss Liliian Cheeks. 1662 Sheldon St. Ramona Everhart. 27 N. Gladstone Ave. Allie Lefty Cleary, 1338 S. Harding St. Miss Inez Juengel, 2212 Bethel Ave. Mrs. Maysel Cupp, 307 S. Audubon Rd. Mrs. Harold C. Lewis, 143 W. 43rd St. Mrs. Evelyn Walker, 2211 E. 10th St. Stella Fligel, 1104 Lawrence Ave. Mrs. Lester Frost. 1904 S. Eastern Ave. Mrs. A. H. Thompson, 2912 E. 16th St. Mrs. Elmer Bomgardner, 322 N. Addison St. Miss L. Klinge, 4950 Graceland Ave. Mrs. Zetta Woody, 137 S. Traub Aye. Ruth Griffin. 1154 King Ave. Albert Kremiller, 1441 E. 12th St. ANNOUNCEMENTS 1 Death Notices CARTER, MISS MARGARET—BeIoved sister of Nell Carter, of 2746 Stat.ion-st, and aunt of Nina Carter of Chicago. John P. Dean and Mrs. Lawrence Welch of Indianapolis. passed away Sunday, Dec. 23, at the residence of her niece, 4545 Cen-tral-av. Funeral Wednesday. Dec. 26, from the FINN BROS. FUNERAL HOME, 1639 N. Meridian-st, at 8:15 a. m., and at St. Francis De Sales Church, 9 a. m. Burial Holy Cross Cemetery. Friends invited. •

The Cash Coal Mart Buy Your Coal From An Established Dealer TODAY’S COAL FACTS Buying your coal from an established coal Sjßfßyj dealer Is your best assurance of receiving • what you pay for. Established dealers guar--JMfe. ITa antee QUALITY-WEIGHT-SERVICE. To protilWifetect vour coal dollars buy from an ESTABlished dealer.

Ideal for _ _ BS"!!'. ?0.20 HOOSIER Furnace RED PEPPER BT* s°- 46 COAL Indiana No. 5 Amber Jacket No. 6. .$5.55 Indiana 6x3 egg. Amber Jacket. 6-in lump $5 84 Tip Top $6.78 West Va. 6x3 Furnace Chunks. Tip Top, large 6-in. lump .... $7.03 Pioneer Island Creek $7.18 Big Block Coal. Elkhorn Eastern Ky. big lump ■ $7.18 Citizens Coke, egg or nut ss.au All fuels above clean forked. FREDRICK COAL CO. DR-1792 j EST - T WA-5666 801 BEECHER L_i®£? LIO2O E. 40TH

Pioneer Island Creelc 57.18 lump, clean forked Y Tip-Top West Virginia $6.78 Furnace Chunks. 6x3 ’ Citizens Coke, $8.90 egg and nut Indianapolis Ice & Fuel Cos. DR-2400 4 Yards. DR-2401 Majestic $"7 JT West Virginia J U J Block Kem Treated .‘5.46 Casady Fuel & Supply Cos. CH-1427. 906 N. Sherman Dr. SPECIAL—OFF CAB. INDIANA <t 1 1 LUMPY MINE RUN OO.ii Prompt Delivery on % and V* Tons. - _ Sunlight §5.25 INDIANA. 3x3 WE DELIVER TON UP Perry Coal Cos. Rl-1567 ZOOS WANT iM MCWM atu I>. al

ANNOUNCEMENTS 1 Death Notices CROOK. CHARLES Age 69 years, husband of Anna Crook, father of Mrs Ray Murphy, passed away at the residence. 445 N Tibbs-av. Sunday. Dec 23. 520 p m Funeral Wednesday. Dec 26. 2 p m.. at th- SHIRLEY BROS WEST SIDE FTNER. 1 L ROME. 2002 W Mich-igan-st Fr:enls invited. Burial Crown H:1I. Friends may cail at the funeral home after 7 j<- ra. Monday. GARRIOTT. L T X I> A GEORGEANEEntered into rest Monday. 4 a. m.. darling daughter of Marshall and Theresa Garriott, sister of Charles N. Garriott. Funeral Wednesday at residence 5101 Hovey-st 10:30 a m Friends invited. Burial Memorial Park. HARRY W. MOORE FUNERAL PARLORS IN CHARGE GRIFFITH. MARGARET—BeIoved mother of Mrs. Man* Rodgers, and Charles Griffith. departed this life Monday, age 74 vears. Funeral Wednesday at the Moore & kirk funeral home 2030 Station-st. 10 a. m and at Union Chapel. New Town Ind.. 2 p. m. Burial New Town Friends invited. HAMLIN. ANNA BELLE of 3315 E 9th-st entered into rest Sunday. 9 50 p. m. age 58 vears. beloved wife of Fredrick \5 . Hamlin, mother of Mrs. Mary Pohlson Robert and William Hamlin, F^-neral Wednesday. HARRY W MOORE FUNERAL PARLORS. 2050 E Michigan. 2 p m. Friends invited. Burial Washington Park. HEITKAN. JOHN—Beloved husband of Mary Heitkan. passed away at the residence, 535 Hudson-st. Monday. Dec. 24 Funeral Wednesday. Dec. 26. from the FINN BROS FUNERAL HOME. 1639 N. Meridian-st. at 8:30 a. m. SS Peter and Paul Cathedral. 9 a. m. Friends incited. __ KELLER. MARY FRANCIS—Age 32. beloved wife of David Keller, mother of Ruth. Eiien and Ralph Keller, passed awav Sunday p. m. Friends may call after 7 p. m. Mondav at the home, 38-st and Kitlev-av Funeral Wednesday 2 p. m.. at the home. DORSEY FUNERAL SERVICE, LEE TlMOTHY—Beloved husband of the late Winifred Lee. father of. Mary and Margarite. passed away Monday at Detroit, Mich. Funeral notice later. For further information call THE GEO. W. USHER FUNERAL HOME. MILLER. AUGUSTA CAROLINE—Widow of John H. Miller, mother of Elsie. Carl and Alfred Miller, sister of Mary Miller, passed awav Sunday evening at the residence. 5125 Winthrop. Funeral Wednesday a f 2 p. m. at the McNBELY MORTUARY. Friends invited. Burial Crown Hill. Friends may call at the mortuary any time. MOHLER. WILLIAM R.-Of 2928 N Tem-ple-av, beloved husband of Ida Mohler and father of Mrs. Bertha Armstrong of Huntington. Ind., departed this life Sunday, age 66 vears. Funeral Wednesday Dec 26. at the MOORE KIRK FUNERAL HOME, 2530 Station-st, 1 p m Burial Anderson Cemetery. Friends invited. A 3 Funeral Directors, Florists FINN BPwOS. ~ Funeral Home 1639 N. Meridian St. TA-1835 FLANNER & BUCHANAN 25 W. Fall Creek Drive TA-4400 GRIN STEINER’IS 522 E. Market RI-5374 HISEY & TITUS 957 N. Delaware LI-3828 GEO. W. USHER FUNERAL HOMES 2614 W. WASH. ST. jgE-0148 1719 N. CAPITOL AVE, TA-1719 J. C. WILSON 1230 Prospect St. DR-0321, DR-0322 4 Lost and Found LOST—Diamond in broken gentleman's mounting. neSr Kahn Bldg. Reward. MRS. ABLE. DR-5511. LOST—3OxS tire ana wheel. MR. LARSON. Indianapolis 5 Personals Free Finger Waving Look your best for the holidays. Your hair neatly and artistically dressed. Marcel. hair cut or shampoo. Permanent waves at nominal service charge. INTERNATIONAL BEAUTY & BARBER SCHOOL. 342 E. Wash. HATS rCleaned and Blocked t _ THE 5-MINUTE SHOP /JC 31 So. 111. St. RI-0816 FALSE teeth repaired. 75c up. New Plate. $7.50. DR. CARTER, 626 K.P. bld.Rl-1250 FREE NOTOX HAIR DYE Wednesday only. Small service charge only. . Appointment. Li-0432. WHEN all else fails to bring you HEALTH call RI-1461 for free booklet on Nature's Mineral. Rheumatism, neuritis, goiter, kidnev, bladder and stomach disease eliminated. N. M. F. Cos., 127 E. Ohio st. BUSIN E S SSE R Vm-_ Building Material# Buy Where Cash Counts Ix 6 Drop Siding No. 3. $2.60 per 100 Ix 6 Flooring No. 3. $3 per 100 Ix 6 Boards No. *, $3 per 100. CASH AND CARRY DISCOUNTS. 2112 Northwestern ave. _ TA-2800 General Contracting REMODELING, repairing, financing N. H. A. contracts, furnishing labor and materials. LOGAN LONG COMPANY’S ROOFING and FOY’S PAINTS. Free information, estimates. INDIANA PAINT ROOFING AND SUPPLY CO. RI-6090. Mattress Repairing MATTRESSEB renovated: made into innersprinßs: expert workmanship: reaonable RI-2250. _

Ind. 6x3 forked 14 Ton Up J. & I. COAL CO. CH-6048

Deep Vein Indiana mine run. INDLANA MINE RUN $5.11 Economy Fuel Supply DR-1220. DR-1221. • Economize With Economy”

JqryVV GIVES W.VA. RCSOITS . KIWO OF INDIANA I’s— Try *2 ton or more. cJ and I Coal Cos. CHtrru 6048 Coal —Coke—Kindling GENUINE a / ia GLENDORA SAIU Large lump forked ~ ” Union Ice & Coal Cos. DR-4621 Established 1903 ANtHOR SPECIAI ~ “_ £ 1 Ton Ind No. 5 $0.25 W Va Ld $7.03 Me? 24-HOUR SERVICE ANCHOR COAL & SUPPLY CO. 336 W Maryland ; Kl-4HI Champe-Garland Coal Cos. -1422 W. 30th St. TA-6871

BUSINESS SERVICE Moving, Transfer, Storage HAERM TRANSFER—CH-2366 Covered trucks: 2 men. white: *1 room tn ettv. STORAGE- Local, long-distance hauling, return loads wanted, part-load service Otto J Sues*. RI-3528 6561. CH-0699-W CARLETON Transfer. Experienced movers _covered van- Reas rates HA-2252 Office Service BOOKKEEPING Year-end closing Reports. analysis, income tax. etc Re a sonable. RI-3551 Rent A Car RENT A NEW DeSoto Air-Flow Drlre-it-vourself 39 Kentucky RI-743S INSTRUCTIONS 10 Schools. Colleges, Tutoring STUDENTS GRADUATED from the International Beautv & Barber School are in demand because of their efficient quiliflrations— iow fee 342 E Wash. FREE HAWAIIAN ~ GUITAR—To each new student. HILO HAWAIIAN STUDIO HELP WANTED 13 Help Wanted —Male Largest firm in its business wishes to employ several men over 25 years of age with executive nhiiitv for educational sales work. Excellent opportunity for rapid advancement to positions paving incomes ranging from $2500 to a year. Apply 421 Castle Hall bldg., 230 E- Ohio. Wednesday, 9:30 a. m. RENTALS 17 Furnished Rooms ILLINOIS, N., 1636—Attractively furnished room: next bath; strictly modern. HA--3074-R. LARGE warm room: 1 or 2: hot water; ’ private home; E. Washington car. garage, IR-0143. CLINTON HOTEL—Sleeping rooms, also housekeeping; steam heat. 29 Virginiaave. Dow ntow n. 17-a Hotels, Resorts, Inns WASHINGTON. W.. 359—Heated housekeeping and sleeping rooms; 50c daily; weekly. $1.50 up. HOTEL —124 E. New York-st. modern, outside rooms: $2 up: Va sq. from Postoffice. HARBOUR HOTEL 17 , e N as rms., running hot, cold water: low rates. SCHWENZER HOTEL—4SB E. Washington st.: clean outside rooms. $2.50 up wklv.: running water: showers, tubs. HOTEL ANTLERS Offers all comforts. Ultra modern note service As low as $2 a day; $lO week. 750 N. Meridian. LI-2351 SEMINOLE HOTEL od N h^ shower, running water every room. Single. s3.so,_double. $4.50._ 18 Housekeeping Rooms EUCLID. N.. 109—Private apartment: overtuffed: in-a-door, steam, phone. _garage. E. Washington. Reasonable. ILLINOIS. N„ 2339 —1. 2-room apartments; everything furnished. $3.50. $5. HA--4928-M. NEW JERSEY. N.7 2046—1-room apartment. also sleeping room; good heat: private entrance. TA-5610. NEW JERSEY. N.. 2042—Light front room, kitchenette: sink: nicely furnished. Sleeping room for 2. Private entrance. Adults. SOUTHEASTERN. 1523—Large room and kitchenette; everything furnished; utilities paid: private entrance. LOVELY Woodruff. 608 Middle-dr; room, kitchenette: third floor; all furnished: $4.50. CH-4108. WOODRUFF PL.. 544 Md. dr.—2 rooms, kitchenette; overstuffed; utilities: near bath; adults: reasonable. _CH-3173. 9TH. E., warm rooms, private bath; - built-in features; private entrance: phone. 21 Unfurnished Apartments BROADWAY, 909—Sitting room with in-a-door. bedroom, kitchen, bath and hall: _all_jprivate; utiiitiesj_s2s. 1433 N. Pennsylvania ...$37.50 to $50.00 3720 N. Pennsylvania 47.50 ST. CLAIR. E.. 314—Cozv 2-room modern apt.; all utilities paid; only S2O. LI-7361. C._ C. GROVE, 44 Virginia ave. WOODRUFF pi.. 1846 Cross dr.—Lovely 4 rooms: clean: good heat; reasonable; furnished or unfurnished. LOVELY 2-bedroom apt., north Fall creek; Frig., gar.; S4O. LI-3164. TA-0335. 6N?flteu߀flU Choice apartments gladly shown. HE-1328. Indianapolis Rental Agency Furn. and unfurn. apts. Free service and transportation. LI-5452. ‘ DUNDEE 781 E. McCarthy Heat, gas, water, janitor service, frigidaire furnished. $22.50 up. 2?. Uufurnished Houses $lO. WATER PAlD—Dorman. 965; Tech; clean; redecorated; 4 rooms; semi-mod-ern. RI-1862. $10.50, WATER PAID: Alton. N., 544 (4500 W. off Mich, l; 5 rooms; clean. IR-7915. SI2.SO—DEARBORN. N, 2422—5-Room double: garage; water paid. RI-3413, WA-3661. _ sl4. WATER PAlD—KeystoneT N.. 42; 5 clean rooms; redecorated; garage. IR--7915. DE QUINCY. N . 118—6-room double; mod-_dern;_A-l; garage;_water paid; S2O. ELM. 702—4-rm. semi-mod. and gar.; water pd. Start Jan. Ist; $12.50. RI--6412. J. S. CRUSE. INC. 1625 ENGLISH AVE. $11.25; 6-RM. semi-mod. dbl.; gar.; water pd. A. J. HEUBER & CO.. 144 N. Delawa re. LEXINGTON, 715—6 rms.. mod except furnace; water pd. Start Jan. Ist.; sl6. _ LIBERTY. N , 321—Cottage: bath, hot and cold, water free; sls. NEW JERSEY. N., 2818—6-room modern double bungalow. TA-6169 days; HA--1339 evenings. RAMSDELL, 2517—Near Garfield Park; 7room modern: cheap. DR-0509. WALNUT, E. 335—5 roms: semi-modern; sls mo.; 'water paid. Inquire 751 E. McCarty st, REAL ESTATE FOR SALE 27 Houses For Sale • Beautiful Modernized Cottage Among the Trees on Top of Hill Hardwood floors, plenty built-in features in kitchen, automatic water heater, lovelv bath, garage, shrubbery. See 1626 E. 18th st. Terms cash or R. R Building & Loan stock. Call MR. NEUKOM. Gregory & Appel, Inc. LI-7491. 247 N. Perm. 28 Sale Suburban Property BE SURE—Of your title. Demand ap abstract prepared by UNION TI7.LF GO.. 155 E. Market St. Union Title R'.ug. 29 Lots, Farms and Acreage SBOO CASH buys 87 acres, 35 tillable; good house. BEfiT BRADSHAW, Rockville, Ind.. Route 1. MERCHANDISE 34 Swaps _____ swap' Things You Have for Things You Want TO ADVERTISER Each ad appearing in this column ts listedin The Times Swap Bureau directory for sixty days free of charge. Your “Swap" ad will receive a special rate of seven days for the price ot five and four davs for the cost of three. TO TRADERS If you pan not find the leads that you desire In the ads in this column, call the Swap Counter. RI-5551, and we will attempt to arrange a trade for you from Swaps previously published. There Is no cha_rge for this service. MY EQUITY in ’3O Auburn sport coupe, S4O cash, or what? Balance due. S6O. MR. DAVIDSON. LI-2205. GIRLS' BICYCLE—2B-INCH; LIKE NEW; BARGAIN. 803 E 63RD ST WA-1133. BICYCLES—SI2 up; tires, repairs. HOFFMAN 251_Mas* LI-5256. 205 E. Wash 35 Household Goods ELECTRIC WASHERS w REPAIRED An v Make or Age ILian 9 Work C/u tlly Guaranteed C2QS % S^jJaWGAV

.DEC. 25, 1934

MERCHANDISE 3o Household Goods ®A Thor Washer from sl9 95 up --or a rebuilt Hoover swep?r sl2 95 up. on easy terms will make her happy. 3? N Del THOR ELECTRIC SHOP. LI-5384 _ PER W EEK WILL RENT A NEW \ 1 MAYTAG WASHER MINIMUM V I RENTAL. 5 WEEKS. 7TH FLOOR. I L. S. AYRES & 00. FORCED to lose mv electric refrigerator! will give to responsible party for unpaid balance, address K-311 Indleneoolis Times USED Norge refrigerators <3t for balance due. FULWIDER. CH-1449. USED & new refrigerators, reasor.ab: priced. POLAR ICE <fc FUEL CO 20* n and Nor'hwes'ern ave 9x12 FELT base rugs: $4 65 up. CUT-RATE LINOLEUM HOUSE. 811 N Alabama =• 36 Radios. Musical Instrument? a Beautiful 5 I U K Grand • / V/ Piano WILKIN(I MUSIC COMPANY 120 E Ohio St. Apollo Grand to Loan Small delivery charge. WILKINc; MUSIC COMPANY NEW RADIO $1 wk. Radio Tubes. 5 for sl. Guaranteed expert Radio repairing. n A /)//) SALES aed SIHVICI i\ M. U I Qf "£2lO INDIANA AVE V PLAYER PIANO for sale cheep, lst-cl condition. 1939 Hillside a\e. SAVE money on practically anv make new or used radio. Terms We trade. Free service 19 W 22nd st. TA-9212 ALTO SAXOPHONES $25 UP Bargains in ail kinds of instrument Easiest payment plan in town. LORENZ MUSIC STORE. 20 Pembroke Arcade. Philco low bov 522 Vi ECONOMY RADIO SHOP 245 E. Wash. Radio Clearance. Lo: No. 1 $5 ea. R A- R STORES. 225 E WASH PLAY PIANO ACCORION- 523 95 up lessons included by Geo L. Stork School of Music: 51 opens Xmas lav awav plan. PEARSON CO . INC 128 X Penn SILVER-PLATED Boston musical trumpets, $65 value SPECIAL, $35 PEARSON CO . INC.. 128 N. Penn MUSICAL instruments repaired by experts of more than sixty years’ experience; low price for oualitv work. PEARSON CO.. INC. 128 N Penn. LI-5313. Radio Clearance, Lot No 3 $lO ea. R. A- R STORES. 225 E WASH Radio Clearance. Lot No. 2 $7.50 ea. R. & R. STORES. 225 E. WASH 37 Miscellaneous For Sale NEW AND USED Ranges, steam tables, urns, tables, chairs, stools, etc. Liberal allowance for vour old equipment. Terms mav be arranged if desired. CITIZENS GAS CO. 45 South Penn. RI-5421 CARLOADS AND CARLOADS t fine new suites and odd pieces to trad® or your old furniture; generous allownee. Baker Bros . 219 E. Washington st. ROACHES—KiII ’em and kill ’em quick. "Roaches’ Last Meal" will do the trick. Sold on money-back guarantee. ALBERT C. MAAS. 31 Virginia ave. RI-3315. _ 10-INCH LATHE, all attachments: baseburner. cheap. (Automatics.' CentrifugH pump; two >2-inch B. & D. electric drills; two V-inch H. D. electric drills. 812 S. aye LAUNDRY STOVES, first quat- F j C lty. Use our layaway. Sto' a y J pipe. 14c a joint. CHINA STORE. 361 W. Wash. STORE fixtures; bakery equipment; special equipment : buy_and sell. 419 E. Ohio. 10-TUBE radio with short wave attachments, ironing toards, gas ranges, wood burning heating stove, baby high chair, baby crib, babv bath tub. floor lamps, table lamps, Congoleum rugs and wool rugs. BIG FOUR UNCLAIMED FREIGHT STATION Corner Caput 1 and South sts USED AIR COMPRESSORS—CompIete automatic; large size; very reasonale. MEIER ELECTRIC AND MACHINE CO. 3826 E. WASHINGTON TR-mij 37-o Building .Materials WEATHER-STRIP * Wood and felt as low as 2c lin. ft. Zinc and felt as low as 3taC lin. ft. Bronze strip (100 ft. rolls) low as 2'/a® lin. ft. Door bottoms, 3 ft. lengths. 65c each. Call us for storm, sash estimates. 37-d Beer Equipment BEER equipment, bars, booths, coil boxea, desks, chairs. Terms. _ 327 W Wash. 39 Wanted to Buy OLD GOLD, silver, platinum all kinds jewelry bought from properly identified persons. Free appraisals. 213 Mass. ave. MILTON GOLD REF. CO. CASH PAID 'MMEDIATELY for o;a gold! Jewelry, watches, rings, dental bridges. STANDARD GOLD SMELTNG CO. 423 LEMCKE BLDG., 4TH FLOOR Entrance 106 E. Market Street HIGHEST prices paid for old gold watches, dental bridges. Jewelry, etc. SACK3 BROS 308 Indiana ave. Phone RI-5994 SECOND-HAND mimeograph or other make;- adding machine; typewriter; cash. TA-1950, WE pay 2c per lb. light bras;. 5c per lb. copper wire. MILLER, 130 S. Cauf. RIATTENTION—JUNK PEDDLERS ~ We pay $1 per hundred for rags. THE MILLER CO.. INC 130 S. Cal RI-5150 Furniture Buyers ‘‘iWASMWANTS GOOD FURNITUKe. MR. PIERCE PROMPT ! ..HVTCE RT_ridfiQ For anv furniture U,d,u jrvi otto v ru g S stoves or clothing you tiave for sale. Calls answered promptly. T T 0071 We pay more. EXCHANGE L>T Vs.l J. FURN CO.. 304 E. Wash WE BUY. WE SELL. WE TRADE. Pttll T T 9QQC For best prices and LjL -oOi quick service for any amount of furniture, rugs and stoves. __ BUY whole houses or odd piece* of furn., _pianos. etc MR. WERELEY HTJ-0214. WILL pay extra good prices for any kind household goods. DR-8446. LIVESTOCK 42 Dogs, Birds, Pets CANARIES. German Chopper singers- reasonable. 118 S. Eighth-st. Beech Grove, Ind. 2 YOUNG hounds fer sale or trade. CH--5238-M. _2190_ Station-st. 43 Horses, Cattle, Poultry TURKEYS, geese, ducks, hens, fry*, fish. rabbits. MURPHY'S. 636 Indiana. RJAUTOMOTIVE 45 Autos for Sale Qg SPECIAL O# 33 Rockne Sedan $290 33 Chevrolet Sedan 390 28 Packard Sedan 175 MCHENRY CHEVROLET CO. 1302 E. Washington LI-4378 CHEVROLET —1931 standard coupe. $l5O. 820 N. Meridian CHEVROLET— 31 spor. coupe: very clean: only S6O down. HARRY A. SHARP 00.. 443 Virginia are. DESOTO—I93I 4-door sedan; runs good; $125. 820 N Meridian. DODGE—'33 brougham .. $525 CENTRAL BUICK CO . 832 N. MERIDIAN FORD — 25 roadster: only $25 dewn. HARRY_A. SHARP CO.. **3 Virginia ave. FORD—'3O roadster, new paint, etc.. SSO down. HARRY A. SHARP CO.. 443 Virginia ave. FORD— 33 tudor. good. $75 down. HARRY A. SHARP CO 443 Virginia ave. FORD—T mode! coupe, runs and atarts good. sls C2O N. Meridian FORD—'32 tudor; A-l condition; $65 down. HARRY A SHARP CO . 443 Virginia aye. FORD—‘34: wrecked; as is. $250. 30TH CENTRAL SALES. FORD—'3I spt. coupe; fine; $236. 30TH & CENTRAL SALES. Hudson ’29 Sedan Losey Motors, Inc. 1133 N Meridian NASH—'27 sedan. A-No. 1: SBS. 30TH <fc CENTRAL SALES. OLDS— 33 sedan. $545 CENTRAL BUICK CO . 832 N Meridian st. LI-1995. . OLDS —'30 toach; $75 down. HARRY A. SHARP CO . 443 Virginia ave. •2irSa i ginia ave.