Indianapolis Times, Indianapolis, Marion County, 21 October 1936 — Page 22

AD tral states cent, # = ; da | = - an ats ker than. he , a year 4 ago, TY 3 ! }: os ET aed ee : the Bureau of Agricullu yconomics report 0n Explains the| pAGE 22 | | = i. TT; = el = | day. Two regions recorded small decreases.

Double Budget

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BY JOHN T. FL

: | (or ooLLAR| | | | | a OTFARV 'H AARMRRR ant || Available at Libra mons onze | J) RESOURCES | ot —+—+11+++r111 opiitiRS SIE EADY; 3 | omemzze | COMPANY UNION | sr, re hi Fh Ls ES “Ri A} v K YEARS AVERAGE ¢ : 1 r : business of the Indian'e was any double budget. Citi- Jo oy :

— ten 0 : g : : 5 vi ANCE: AN ANALYSIS OF THE gm on budge: is. |Increasing Credit Demands| «= gk Cetera op of $10 Paid for 190 to

NATIONAL STANDARD 2 & inatier of ach, there 1s 0

: ARD POLICY, by leat Sg W. Sa ‘Prior to the adop- | . International Harvester Says || ton st the’ sendardisation PI double budget Causes Transfer of v t= : : - ws bref : 290-Pound Porkers; Ne made the “hy \ 4; =e of cai Lambs Firm.’

Organization Not || Iorslty “or Sensusgs inns” poles Balance. subject of criti-

Y ; 2 “haxiNg THE MOST OF YOUR Hindered cism is a dou-

w ee Mest "Tnine ind Re Tribals” shotia - go or Sept. a § hat Timer have ble form of in- | Increasing demands for credit Teo mvestons Times Special Is 0 aScOpt the Hee ay Le aTe come and ex- |from savings and loan associations WASHINGTON, Oct. 21—That (LETTER W pense state- |which are members of the Federal tional ment which the | Home Loan Bank. of Indianapolis govern m e n t | have made it necessary for the bank

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MARKET RESEARCH SOURCES: GUIDE TO INFORMATION ON DOfore the National Labor Relations MESTIO MARKETIN Samp. by Board here. oo ens av roles, and ition). The board is to rule on charges || ~ co.oPERATIVE DEMOCRACY, by of Fort Wayne Local 57, United || james Peter Warbasse—"A third ediAutomobile Workers of 'Ameica, tion of this popular discussion’ of the .

’ this union is handica in So-Operative movement to discover a - the receipts of the govern- | current building and buying activity, shat Bion. is han pred In way by which the individual ma

up to that day and the ex- [an additional $577,400, Mr. Greene : FE : > and dominated by centralised ditures up to that day. In lay- |said. This is the remainder of ‘the New Y 0 rR Sto chs : galuing in We plant thivueh. use of power out the expenditures, the gov- | Treasury subscription alloted to the ‘ : z . = . on Se Smpary Wagner Labor Acs.”

t breaks them down into |local bank when the Federal Home ; ; 3 ; : a : ; ; omaon. & MeKinno = : : i Plea that the charges be dropped groups. One it calls the gen- [Loan Bank System was created in Oy Th Me oa} wy a on oh — 2 att the charges be droppel CR mM IN SUR AN CE

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Expenditures; Je. other ls | 1953, be explained. Prev. Retail Stores— (Reprinted From Late Times Yesterday) | Ernest S. Ballard, Chicago attorney

relief and recovery expen- Membership in the Federal Home High: Low A close Allied St .. 14% 14% 14% : DAILY BOND INDEX : ; nv. He contended that The general expenditures |Loan Bank System is increasing| Oils— , re ed ey Gisods 31" 20% a1 20% : ga 20 6 for ih dp CoD on unionization ‘are those which are presumably |steadily, bank officials report. Nine | Ame: rads heads 3 101 101% Best & Co 82% a a 2198.75 to $9.75, with choice light Today... . nds : is ma. Bopds chtside ihe. works council, workers ‘the ordinary running of the |savings and loan associations in In- Rig Pr it 3h 3% 31% Gimbel Bros .... 19% steers quoted at $10. - The day's . . 106.1 3] Pe ioraer need have a Year of Serve ent. The relief and re- |diana and Michigan have been ad: | Go coil LEM, LESS Ges HE Ba BE 3) sicer top was $1075 and odd pen sd RT IT Sed ice before taking part in plant refare those made necessary |mitted to membership since the first v) a Macy R H.... k 55 | heifers sold upward Mix £0. ‘ 3 83.4 4| erendums and the company has : dy the crisis we have been passing |of July, bringing the total number fo 3 38 28% # ry Be 1 18 15% yearling top was $10. Beef cows J33¢ High .. eee BB 00.4 106.2 8 ve zed unions: of - blag iths Committee to Confer With h. in this district to 181. Advances Pat "co 4: geranall Fled.. 18, 18% | were $4.35 to $4.75 and cutter grades | ‘(Gopyrigne, 1936, by Standard Statistics) 4 ResosTI: workers. : HE object of whis practibe is to outstanding a al 3 "is 5 hE ofl... Mon. Ward wed 5% 9 igre on with the bulk of U. S. GOVERNMENT BONDS He denied company domination of ; ndustry Leaders to as aga : at the close edie LL 04% ; El the works council, credit union and > - mitigate, as far as possible, |of business at the same date a year Seabosrd Off ... 34% kh 3% 3% Saieway 8 §t 3 : 3 Je Dotter grades selling for $10 10| (my Abbott, Proctor & Paine) athletic association at the plant. Map Program. 2 ‘he effect of the deficit. By keep- 0. kell ats Rosbuck.. ev. i0g the books in this man y d ope ag *d : : pl 8 Fe i U% 3 34 Wostworeh “ivan on |” Lambs were generally steady with | eoustey Close. .1° The Suomey aise fled 5 Petition i Une ; § “The activity of savings and loan ai ’2l00 40 3 3 Aviation— the bulk of the bet des quoted asurys .. |asking dismissal and a brief ques-|By United Press ! pees that there is @ more or less | associations in supplying credit for | 8 Q of nd 39% 30% : 8% e DU or etter grades qu reressreasenass 118.6 |tioning constitutionality of the| WASHINGTON, — Saal balance between the general |home moderization, construction and | 7 Piaie 48 is 8 We Re 2 NY joo ted gh $2.50 SALON bien Jurisdiction. y of no. a Tse sie and rd the an or repail’ and refinanciig, ls. growing Un Oil of Cal 3% 23% %s T3 78Ya to $3.25 fosiy . representatives of the warehouse ine B » O¢- |every day,” Mr. Greene declared.) Ne TY 2 3 lide * ea dustry, and farm organization leade dng isolated from the others, one | Employment and general financial | seme sre so. 20% HOGS : CCUT LILLIES | ers will be held early in November sees at a glance that the deficit is | conditions make it possible for more Am oll i She Sha 33 a Oot gro Blk yop. Receipts, Local S : to 1ay. plans for a Crop feereros due to these relief and recovery families to make regular monthly goth =: i d 74 74% es % "3% ; it 22 103 + SN (By Indianapolis Band and Share Corp.) program, the* Agriculture Departe outlays. iati 1 1 233 0381038 10.35 | The following quotations do p ment d to Th tice leads to a fn. | P3701 ets 4nd "Toembey asloelations | p= 3 3 3670 | Am cohol: 20% Dl 19 1010 10.10 . sent actual bids or offerings, but merely announced today. e practice leads comp are making adequaté provision to |g reel ‘Ne aN : oa 123 3 : nals 0.00 indicate the nt and selling inquiries or The conferences will be held with ~ gence about the deficit as long as it care for an increased loan demand Haul Steel rey i i 7 158% 1 fens Lights 1% Daseat ne President Roosevelt's special Coman be laid to relief and recovery |i the coming months,” he said. on-Siéei | 347 34 Math. AIKsiL (140-160) Good and choice. .$ BONDS mittee on Crop Insurance which * expenditures. This is evidenced by USP B43 58 8st | Monsanto Chem Pils 94 3%; Mediu Bid Asked | has been asked to report in De the fact that the President, in dis- S Steel 78% wy 78 Natl 1 Dis (pew) .. nh. RB ne 29% Lightweights_— Goo Citz Ind Tel (TH) 4%s "81....103 104%

2 : - 43. 108 5 |cember on the possibility of se cussing government finances, has Other Livestock Youngsin 8 & T 86% 88 Tex Guit Suiph 38% Tel FLW 6563 0. i 106. |up a nation-wide program fo insure

©. Indple Railway Inc 5s '67 70%a 12; Interstate Tel & Tel 5%s '53.. 99 10145 | farmers against privation during

Kokomo Water Works 6s '58..104 105 [lean Crop years. Morris 45 10 Sores Ss 0.5. 1005 1m On Nov. 5, the committee will confer “with representatives of in- . "108 surance companies, on Nov. 8, with DOMESTIC . J er Co 8 49... 1 103 | the warehousemen and on Nov. 7,

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; 4 ium Union Carbide ..100 9955 100 % amore than once said he would be (By United Press) Motors— hin, Carbide 38 co ‘aa% a (180-200) Good

: ium |ble to balance the ordinary budget. CHICAGO. Oct. 31 —Hogs—Receipts, 21.- | Auburn ....,. 38 4 Drugs— Medium Weights

A a ts advantages | sail lo@ise atts BREE ge Le otgrs oa 3 4 1 eh ons. 0). | Gide Sond ind Gel age is to infor the pubic. 1a wei | E5% FRESE: Wah HAST * EE J EE ft st ‘What the extraordinary situation of | Cattle—Receipts, 12.000: calves, 1500: | Beck he 1 1 18% | 0 ite Brod. 976 9 (373-380) Goad .... unsere ghe country, the crisis, is costing. | Dest grade Joariing, steers and heifers fully Reo 5 a 8 Financial— (425-450) ‘Good aires

debaker 1 : Adams Exp ..... 14] s (275-550) Medium ...... i... There is therefore a good reason | higher: top heifers, $10.40; medium and | Yellow Truck.. 19 liegheny 7 Corp. . 4% 4 % | slaughter

fo 3 \ 4 for making available to the public |%20d &rades especially weighty kind of | Meter Accoss— . : Lo {Shean SP: oF Ta (160540) Good» and. chotcs...

Home Owners Loan 8, Lary. Pin easane nase 101.28 949 Sv eees 101.35. 1982 ve 103.14

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Today's Bond Leaders— L 58 rss wall with heads of farm organizafjons.

: : 9 +10 105 Alleg std 5s moll po close | Trdc “Terminal, Co 8s 47. COMMISSIO Chi W ois ‘59 lll tuaas 48 Indpls Water Co als 88. ee N GRANTS . te : ABC Brewing co com 4N 48 703 viii iiinaniass - 91 Belt Rath ads & St Yd . Stude A 88 viriiiiriinanene Belt Railrosd & Stk Yds pfd, 3 i NEW STOCK PETITION ot .| Home Tel & Tr Wayne... 82, | The Public Service Commission of Anes Gorp 5 w am a ot . De ec i a Indiana today granted a petition to Am “Prgn Pow 7% 71% | Ind Hydro leo Co 7s'.1!, 2 He ve ond 0s 30a Heels sInapls Pwr BL Lt bia Bikar. 8 4 97 lof preferred stock, with dividends fd 5 3 108 (not to exceed 5 per cent a year, to

Aas 0 9 va sell for not less than $100 a share Mills 41s "45 ..... N Ind Pub Serv oid Ts : 8 and accrued dividends.

Batt < Ohio 5s 2000 01 2 Progress Laundry «15 ocee & Oh g Bub ‘Serv Co of Thd ptd bs b Proceeds are to be used to reimPub Serv Co of Ind pfd 7 69 urse its treasury for amounts paid

| Southern Ind Sa & El ptd 8s. 104% ties out in the purchase of and reSerre. Hauls Hlec Co 6 19072 133% | demption of, its 6, 6.6 and 7 per cent

*Ex-Dividend. stock.

steers e 8 statement of these costs as dis- slow: medium and | ow grades. loo15c Bendix #2 ower, stockers an eders ste S “ae ‘tinguished from the routine opera- | 2iic steady vealers fairly steady. mostly | Borg ‘Warner... tions of the government, $10 down Briggs p—Receipts, 11,000, including 3700

ss x =» Shee de! Pat lambs slow, undertone weak to

JN ihe other hand. the system | Le elas." tp. neiys fabio, 0.00 lends itself easily to clever |to small killers: others. mostly El

management. The public official | 3818 og mes ats eves 25003 75: ©an so easily fix up the whole busi- here. $8.50 ene 0 M

ublic finance t FORT WAYNE. Oct. 21. —Hogs—Market, Roll ness of p c by this 5c lower: 250 lbs., $9.80; 2 bs. | Timken eDt Axle u . Medium ...ooveeis means. 70; ., $9.50; 180 1bs.. $9.55; | = Mining— : cove 3% 3 (1300-1500) ce _ For instance, the War and Navy | 273-300 ibs. 49.35: 160-180 lbs. $9.45; 300 | vo ns Household—. . Good Rn ments are part of the or- | ips. $855: 130-140 Ibs., $8.35; 120- 130 Ibs., | Amer Metals .... Col Pal Peet.... ak government operations. | $8.10; 100-120 lbs, $7.85; roughs, $8.25; | Amer Smelt .... 90

jtever is spent on these branches | “25% $6.75; calves, $10; iambe, $8.50. Cara Rect. , eithe aintain RR ¥ Cerro de Pasco 3% 58 28% 50-9! ' . eda hes So Ha tain Building Permits Dome Mines. . 33 53% 334 Simmons Bed .. foul om edit: 4.75@ ther n 5 “ «82% 61% 5t SI o. : a ts Sat hg 4Oris . or shige: etc, e Dart of the orn LA Crossman, 2443 N. Meridian- Int ickel on 6 2% ol Rayon ... 38s 7 38 Common and medium, ... Unlisted Stocks REPORT CORN GRIND OUTPUT ordine; y us 258 © h 2 = eIN=~ | or. J. A. Garrettson, 4840 N. Capitol- | McIntyre Mine.. 40 . 30% - 40 © 3 ilk 12 12 7 [Bow i -and cutter .. 3 : om 0s (By Blyth & Co.) Times Special uch expenses have always av. “Bo onely Sip. New: Jorsey-st, Bark | tah - 3 3 3 ; Cutter, com. and mid lk 5Q 5. Shea +38 96% NEW YORK STOCKS NEW. YORK, Oct. 21.—A corn this Se. on St. Joe Lead... 3 . Y : : 97% © Bid. Ask. |grind of 6596031 bushels during % system of double bookkeeping or 6 or kek, 5430 N. Illinois-st, stocker, | U's Smeiters .. 3 85 85 85 Cliicog 0 Stocks : sa1050 oh Four 3 then 4 ; 108% 103 Bankers Hameed Ls 10% 34 September for products of domestic

= $ “36°18 so easy to put some of the Ulysses Jordon, 3402 Carroliton-av, stok- Vanadium use, was reported today by Corn

: : um as . and Navy in the gen- |er, : Amusements— : ( Cull and media “asus esas 5.00@ 8. io . costs of Army vy g Fy Stemberger. 103 AFowat, Soot or Radio.. (By Atkins, Hamill & Gates) Prov C pa 17% Chemical eal; hicego a 5% Industries Research Foundation.

eral expense column and some Of |,,°:C rev. : oor We : Fox Theater 3 3 3 3 Noon. 3 - 80% 90 uaranty them in the recovery column. This W. Linton Atkinson. 6240 N. Pennsyl- 57 56% Adams MSRRIACITIOE + ssa) os (250-500) Good snd "choles. .$ 8.0 D ae si guaranty ........... ail 9

: -st, dwelling, $4000. : [88% 89% | Manufacturers ........ LH precisely what is being done, not | ¥ogiacst. dwelling, 3109 Hiatt-st. root, $50 xivy : 3 Ad Alum, = va Feeder and Stocker Cattle 8 53% 0 | Mandasturers oi % rgain ee n rips

. . y . only with reference to the Army _ Indiana olis ser Sas th-st and 5 414] la : (500-800) Good: and choice. 4 6. Grt Northern 'iG™ ds 48"... i % t ut “Bo Navy but other departments as ton-Ivd, 16pAins. $900.0 N. Shermans Warner ros... Bastian. Blessing ...... ceeenas 3 and medium. .00 6 ....1084 11. dr, basement. $100 Tobaceos— i MRR + 1 a Good ana i. Re I We sve is 08 | Next Saturday

w Bu 3 = ay shington Auto Sales, 400 N. Capitol- “Ar 9 ; . : = Insurance ; ~ On the whole, the system is not a , Slevator R ePairs. ST 8; Am Tobacco A 901s 98% 09% 99 Central Iinots Publ ‘Service. . ki i Heifers— choles. gases Hud 2 Ref 5 = ig AL New York... Cl EVEL AND ..........$5.00

y sound one. It would be bet- i 1] Kersting, 3706 N. Tacoma-st, fur- Gen Cigars ge oat 3 31a | Commonwealth Edison ... ee 103 Bi) Comon and medium ....... 4.50@ 5. bo 4 20:08 yay : GLEN to get back to the ud ELHOdS G'G. Siricker, 3167 Eastern-av, garage, | Loman" 33K 2% 23% 33% | Gonme O6. irieiiiiisiesies 43 ood sis. 0, Hep 2 Fran in Fire 20% 3 Leave 10:00 p. m. ' Return on any - Baokkeeptn 8 Li Maen o ex- | Wiliam E. Sweeney, 440 N. Denny-st, I ors Sh 8 Sonsoidated. Biscill 111111: i ase ts ” c 6s '44 . ..... 60 837% | Great A istirante train until 2:35 a. m, Monday. Coach te ana yses 0 emerge y reside, #4 50. t * nomical veld y 1614 SHEEP AND LAMBS > el . ; id Fire .........noves. «s 85 87 service. Sam Rubenstelp, 630; 8. Harding-st, ay Hoel srrarsrs I 5 : Internt] Tel & Lien mm tford rose storage, | $1000. Atchison . 83. Ge: 1 Househ re vavens aX ~ =—Receipts, 1000— Le v 48 3003 ........' 7 me Insurance sens scas 3. Evaus, Sop Epgun-ev, Sass: Dac On Caan 4 gat; | Great Takes Dredge »....o0.., 335, | Onoice : Stas " Hipover Liberty Ri i MDS ett, 4520 N. Winthrop-av, & a 24 . Jarvis Co - steresrecruaseniare 2A RS Good : : 875 | M A BF xavnues 314 Born, fin Ln 2 DETROIT eter vue x 35.00 stakes : 8. 3 6 ivensavseanese 18% : . 4s’ -.108% 186% | fhoen Jo x ’ John J. Blackwell & Sons, 926 N. Capi- as , Comy . 5. ; y : estchester Fire ... . toa. sioker. $313 ed Gentral lke : 2 2 2 2 }incolp ; . 1iyseress 12 : # 1 1108 ge Wear. rat abate ne E TOLEDO *reeseegsssces 4.25 h — : cee 2 1 sibrasassenni Bent 50 |N Y Cent t 5s 2013 a 1 . 3 : (By Lyons & Co.) 7s. ou Siok 3 Marsha Held: :. Com. and medium. 1. : Se 9% -- SANDUSKY .......... 500 Shares 514 '51 100 . Mo Williams, 1429 Fairfield av, stoker, 4 4 4 aw Electri : 30 Trianes nsas Gas 4s '51 - 1008 | Dr. Frank T. Drood,' 1507 Broadway, duds... 81 30% | Midwest Corp preferred 1... + eGo 5881. 203% 103. | Youngstown 8 Foes 31.-138% Leave 10:00 p. m. Returning reach rank N. Linder, 1427p E. Washington- | Erie ptd Sle 3s 3s 22 North aT BY Samii 1% 1 ii Trusts Nor Pac 6s 2047 .__..- 13% 1 Argentine A 6s 57 .....101% 102 | Indianapolis not later than Monday oa Ns XN. Capitol-av, stoker, % 4 | 8 12 (By Thomas D. Sheerin & Co.) New Orleans Term 4s 55 . hy 7% 98 Australia 43 4%: "38 ...oonennes 103% 03 morning following. . Coach service. id . Standard Dre . Bid, sy R “Sarin sullivan. 1343 E. Washington-st, | M y T 8 Swits a aren Kaons 3 32 ‘Administered The 2nd. .... 10. % ; 2 v1 : De 5 80: vrees. vin 2% pay a Tei to the Henry Ford oxe stoker, es : ’3: Sum bot bas "Shares. i'r : = : Vy . .-.13 hibit at historic G: field V - , | Mo Pa 3 3 3 3% Ersirbaec. 33 : sines Sha 1.24 3 . 4 c Green illa, Chas. C. Baker, 5641 Julian-av, stoker, N Sent 4 8 2 hn Frod 3 B To a Pac G & E 100%. 100%; | German 5%s 65 .icunieiee.. 25% 31° [in Dearborn, near Detroit. 5

$265. al :18% |B : <1+.38. . 5s 42. Sin 74; | German 7s *49 ........000000 30% J. B. Callaway, 2330 College-av, stoker, 8 a d, Lid . ciieeesas 308 22. Bara Pun E Gen | D3 00.0 give 26% Laly 7s. 5 z Publix

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-—Receipts, 1300— » (550-900) Choice ararssves ian

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Am Radiator aes 2% ‘28 23% COMMON. «.iveoves en Asphalt .. = Hes newman Holland Furn os 0 40 0" 20 C0110) Chaise Eee nnan. Int Cem 59% 49% 59 iersnerase Johns Manvilie 123%

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Tractor ten 3 3 ¢ oii-O-atie IK, bia. Railways Emma L. Clark, 601 W. 32d-st, stoker, RR 44Y, ZERIUR +o avinshgnessreres $

1 ee had 101% 73 : ; Ah : pent Tr 304s SL... 104% 230. Re # : 5 m 92 5 “38 ; : Nest Ir Ms a |} Il C, Wendling, 5940 Bellefontaine- ise A st Shaves (Orig) ov. 300 ii. | Rem Rand WW 4% So 10% 108% 52 irre 1% 7 Big FOUR ROUTE Pkg 3%s '55 1021 2 | gt. Stoker, 3278. 5 . toker, | SOUR R dg % 24 New York Curb : Dives Tr Sha AL 8 '51..1.. 99 of Tis oi City Shs LL. asians 1: o JU B *50 103 103% sgendell Barrett, 3369 Broa way, stoker, 3 y (By Atkins, Hamill & Gates) | Diversified Tr Shar aur add | 50° ny. Va as, 3 coneiaen 108 : : n Dr. Jos. Baptist, 408° N. Alabama-st, er + : te : 7 . Bividens, Shares, Inc stoker, ‘$304.75. Fo oot: “ Close ; . | General Investor vania-st, filing station. “a0 find Benes 12 3% 53 American Cynamid B11 38% 38 | Investors Fund Amer 6 Palm Garden, 145 N.| Illinois-st, sign, Am noice 4. Am- Eisctri G oosarsns ih. 4 Market Siset Invest Corp... ig oe Cafe, 415 E. 30th-st, sign, $90. Loco. i” ‘330 3 E S Arkansas yr Natural Gas kik .e : “Massachusetts Investors rine BO: A Sagolosky, 603-05 S. [Capitol-av, elec- | Gen . 83% 632 62: Atlas Corp 15 tual estment Fund .... 17. trical, $135. a d x Michigan Gen Elec ...... 48% 48 48 i Bow 29 ; LaSalle an c - . ; a tT $500 and $100. RE IE 2 1 Se an Tadust Aléohol “A”, Lag ‘86. ’ Y 149 150% ths Carrier, orp cesnvue resu wan 5 : Ky Rog ht 18% M : 5 "| Blectric Bond and Shares... 22 le Lite wis ‘61. 98% 991 Produce arkets Rey We ic Bon ios 106 : Am & For Pwr.. 1% TA WW [7% |EBK i Bere A eocne. (hel Drives abs 1 cent | 4, T&T 130% 18 ANA 1 Gulf e was : . Bigher, Each full case of eggs must weigh Gas & Eee. 20 367% | Humble Oif and Refining Co .. 68 loss off, 25¢ n Gas & EI Bice 2 a 6 1 : AT es No. 1 SHetly yeah pe a : foe under Bh 10 Lzghorn breed hens,

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