Indianapolis Times, Indianapolis, Marion County, 29 December 1936 — Page 14

Trends

War Decision Rests With Congress, Flynn Says. BY JOHN T. FLYNN

+ [8

Lid

NTEW YORK, Dec. 20. —In any N cutrality legisiation — and the President is going for have to choose een being actually neutral or, rr the pretense of neutrality, ping one side or the other. make this clearer, we must are that we will be neuwar which breaks out between any two Or more nations or bh) we must leave the matter to the discretion of the President. Asalready pointed out, if matter is left open, to be settled by the President at his discretion after the war starts, must choose to lity or not to he does then act on other to or

roartiv enuiy

appa

ress {t—we

any

the

n the President orce trade neutrail No matter what be interpreted as of the one or the the w according party is helped our neutrality

viech eT Suen

o ” ” to really adopt a neulity policy we will have to before a war starts that se to be neutral no matter nvolved in the war. Then the act

having been settled suspicious, can not

yoting begins,

trality, time not stioned. one objection, and only riousness, has been we may find, is under way or beyatter, that our ng to operate inof the parties the American people reatest sympathy. Supase should arise, supSouth American uld be attacked by a or Asiatic country, not be helpless to aid merely selling goods to

1S that

one

try sh in we

vurope yuald oem hem? Ihe answers seem to me simple ugh. Of course we would not revented from doing this or hing else we wished to do in umstances 3ut the action be up to Congress. n » n tRESS would reserve to itight, as the represenof the American people, to whether or not we are going course trade which ot us Into war, this power 101 lodged with the President any President, however wise or good. No nation ever goes into a war at one splash the way a man ft into a pool. The entry is bv a long series of inciordinarily, no one is We drift through rable small circumto a situation where war

ble

~ ON(

elf the 1

ol timatel not see why

ld be

mp aoa which,

to cont

immevita ld the American people permselves to drift into a war uncontrolled trade with ring nations? Should they pereven the President to lead us a war by a countless number mall steps? The Constitution not permit the President to lare war. Only Congress can do Then why should we permit to ease us into war? should be with Conbill will

( vy i

The choice gress. A real neutrality roduce neutrality in the case of ry foreign war as a matter of irse, Then the people, speaking igh Congress, can change their henever they wish, t 36, NEA Service Ine)

F r uits and V egetabies

subject to cl! prices be ing mission dea egon Bosc, Ave wados

ns bel low ange, are

ext ra cted ib . 1 Grime 2 inches up. $2.10 na Delicious, 2'c inches up ina Golden Deliclous 1 Staymans, 2% 1 Jonathans, 2 inches up. Y. Wealthy inches up, Rome Beauties :» inches up, ! Bananas, 2 inches up Jp, $2 Lemons,

24 inches Limes, Mexican,

Nesaps. 360s, 20¢. APPS,

£5 25 Persian seedless cult ornia 32-1b - C... C. .Farly Tangerines,

Emperors,

' | Corp ‘AA’

Florida stringless, Thomegrow fi. . bu. case, $3. bunch drum, $2.95 bag, $1. Carrots. Joann lower 115-138, nammot h. Cel ery cab SrICUmMBSES, Chives,

50-1b 680¢ \ A 5 il 450

IRINA, 1 i Zona, 45-58, $3: Id. basket, rics crates, $4. y *. Mushrooms, homegrown. 1 Indiana yellow, n Sie $1.15. Parsley. Parsnips, homewn od Western Tel, Potatoes, Maine Green bag, $290: Idaho Rusiran Rurals, $2.35; Colorado a 4 or eae. Tenness

Rhubard, Sage, dos. uash,

b $1. bu 8 Toma-

ited Press) 29. cApnies—Michigan, Sweet Potatoes s. $1.85411.95. 3 50@ 75¢. Spinach-—-Texas, $1. Tomatoes—Mexican, lugs, Cauliflower—California, crates, Peas-—Caliternia, {Siery - Michigan, $1 Onions (50-1b. sac Indiana

( Turnips, se, 8. 10 basket,

(By Un

CHICAGO Dee. i sh, $181.78

RS) L 20 and *0 i 80¢

Produce Markets

18 Shices quoted are paid for stock oil the country. while for deliv. putian anally the prices are 1 cent Fach 1 full case of eggs must weigh

Strictly fresh, loss off, 2% breed hans

v 5 1 ad 208 r. 13: s ibs, fakh hens. Heavy: es Bl ced he 414 4% lbs, lle Leghorn br Ducks full-feathered and and up. 9¢ geese, full-feath-fat, To Turkevs, voung toms, iy ind ae 18 Jos. lle: youne ) Ibs. and over c © 4 hen As, 8c. No. Sc SIL toms, WW. ut ll RR Ng. . 1. : No 2 Jira @ssise Butterfat— No 1 she

er r——

FILES Guides snd Rolders 1 W. C. I

* ®

Abreast of The Times on Finance

{ reported, | freight traffic more than 10 per cent, {and construction contracts awarded,

car- | 84-113s, box, |

| Corpo Trust Shares (orig)

. | Incarporpted Investors

Indiana | Radishes, |

hampers, uare |

PAGE 14

TOTAL NATIONAL INCOME PLACED

NEAR G0 BILLION ==

Represents eres of One- & Third Over 1932, Roper Says in Report.

By IMnited Press

WASHINGTON, Dec. 29.-~Nation-

| Aviation Corp | Boeing A

TUESDAY, DECEMBER 29, 1936

New York Stocks

(By Thomson & McKinnon) 11:00

BR . Dae

20th Century Pox 3 Warner Bros .. on 6%

Aviation 34

ircraft.. 65% 19% nn

Curtiss ht . Curtiss Wri (A)

Douglas Air

Corp. . 21% ited Air Lincs 10% Utd Aircraft new 28% Trans Contl & W 18%

al income may reach $60,000,000,000 | BeiNing—

1936, Secretary of Commerce ' Am Radiator

. B% 36

Daniel C. Roper reported today to! Holland _Purnace on

President Roosevelt, Roper said in his annual report that the figure will be reached if the current rate of increase is maintained. It would represent a $20,000,000,000 increase over a 1932 low. The increase, Secretary Roper said, reflected the nation’s strengthened economic position attained during the year. It was marked by a great acceleration of activity in «urable geods construction and other pivotal industries.

According to the scasonally ad- |

justed indexes of the Federal Re- | serve Board, the commerce secretary pointed out, the volume of industrial production in June, 1936, was the highest, with the exception of December, 1935, since April, 1930.

Construction I'mproved

Manufacturing volume, Mr. Roper increased 20 per cent;

"5 per cent. Wholesale prices, he

stressed, fluctuated within a two- | point range during

the 12-month period. The average for the year

was 2.6 per cent above the 1934-35

cverage, and more than 25 per cent above the low year of the depression. The report credited part of the

| increased demand for manufactured

products to the improvement in construction. Residential building, it sald, made noteworthy gains, due to a more generally favorable market. |

Construction by private utilities,

| although larger than in the pre-

ceding fiscal year, was relatively small, the report said.

Farm Prices Gain

Agriculture shared in the recovery, Secretary Roper said. Conditions were favorably influenced by a more normal harvest during the fiscal year, higher prices, easier | imancial conditions, expanding con- { sumer income, larger demand for cotton and absence of excessive stocks. The index of farm prices | was 12 per cent higher than in the 1934-35 period. The report showed a net gain in | employment of 1,500,000 and cited department of labor estimates placing the total number at work in May 1936, excepting agricultural | workers, at 31,000,000, compared | p | with 26,300,000 for May 1933, 36,000,000 for May, 1929, “These figures suggest,” Mr. Roper wrote, “that the number without private employment is still very large since there must be | added to the shrinkage in employment since 1929 the number of employables who have entered the labor market and also the number idle at that time. Not all the individuals omitted from the employment figures above were without work, however, since the Department of Labor reports that 3,125,000 were employed on emergency projects financed by Federal funds.”. There was a continuation of the increase in foreign trade, which, the report said, in the last three years has brought this phase of economic | activity to a level far above that in the low year 1932-33. Factors credited were further improvement of economic conditions in & number of foreign countries, moderation of tariffs and other trade barriers in a number of Latin-American countries; unsettled conditions abroad and threats of war, causing some countries to expand their purchases of certain raw materials and industrial equipment, and extension of reciprocal trade agreements.

Investment Trusts (Ry Thomas D. Sheerin & Co.) Bid. «s+ 19.00 «10.71 138 4.73

Asked. Administered Fund 2d na | Affiliated Fund Inc (new) | American Business Shares Broad Street Investing . . 3 Bullock Fund Ltd "haa au | Century Shares Trust “ or ‘Accum’ mod) or ‘Acc’ (unmod) .

Diversified Trustee Shares 'R' olversty Trus Shares ‘C rsift Trus Shares ‘D' Bividend Shares Inc . | Fundamental | General Investors Trust

»n >» +

[ Cor ‘AA’

4 —-

» »

a »3 ADEN BES Beard PWD MNT furs APO D

| farket 8t Investment Corp. . Marviand Fund Massachusetts Investors

Mutual yesiuent, Fund .... Nation-Wide Vot North American Ty "Shs 1} | North American Tr 8h | North American Tr Shs (orig) | Quarterly Income Shs (new) | ¥Sel Amer Shares Inc mew). Sel Amer Shares (orig) . | xSelected Cumulative Shares. XSelected Tncome Shares | X8tate St Investment Corn Sunervised Shares Inc (Del) Trustee Am Bk RB . Trustee Stand Oilshares ‘A’ Trustee Stand Oilshares ‘B’ XEx- dividend.

Produce Markets a United Press) Told a cares. Sah i od een Fae die "a , Rie | ra st.

33ree; extra _(92-so HS 343,¢c; firsts, 3NL@33c; a

a ws LA

ly ‘ 21 oOoa “SANS ®

st * Baio »

fe B3B00 nS 28202 4332137822332:

re aa 23

CHICAGO, Ready. Teeviptyy

HR he

Patiry. ~Market, firm: s, 16

R ok Git, duc! que s,.. a hor gp a1 i | hotn hep S, nel a { Chee a Tine Ni he Daisies, Lorain, 1 La) ato. Supp X \ mar steady rado Red McO! oti : Round 3 hte i . reials,

17% G@18¢c; t wi $2 85¢:8.10. u, 8 (shrTivals, eR - on Ha 200; shipments,

i Ot Us bhlkP-oe

| higher rentals and a smaller per- | | Hecker | centage of vacancies.

| P | 8

Lone Star Johns Manville 148 J Owens Gls ak U 8 Gypsum .. 122% Warren Bros ... 10% Chemicals—

Air Reduction... Allied Chem m 1c

Tele

Schenley $ Tex Gulf Sulph.. Union Carbide U 8 Indus Alco 37 Am Home Prod. Prugs—

Pristel Myers. mbert

ohn ® Pink... Parke avis “e's Naltree . a Sterling "prod Un Drug. (new).

Equipments— Am Car & Fdy. ©

12%

581% 51

Sen Elec .. Gen RR Sig. Pullman Inc West Air Br.. Westingh Elec. .

¥ Ste

Adams Bxp Alle; heny Corp. Am Int Corp . Chesa 5 . Com Inv Trust. Lehman Corp Transamerica

Foods—

Am Sugar Armour ‘ Borden Prod

Crm of Wehat . Cuban Am Sugar Gen Baking .... 1% | Gen Foods W Sugar

Rolly Sugar Natl Biscuit Nad D Prod Pup ity Bak .. 1 Porto Rico sug \ Std Brands 1 Swift & Co . Swift Intl Un Biscuit vee oo United Fruit .. Wrigley “wave TR Household

Col Pal Peet Congoleum Kelvinator . Mohawk Carpet. Proc & Gam is § Servel Inc ‘hs Simmons Bed Mining—

Alaska Jun ..... Am Metals .... Am Smelt ...... § Anacnoda Cal & Hecla .... Cerro De Pasco.

Kennecott Cop.. 6 Shtere Mine. . Park Utah Ehelvs Dodge NE Joe «oo BOY, Us Smelters. |. 85 Vanadium 27 Miscellaneous— Allis Chalmers .. Tou Am Can . ‘

hor Cap Bupronens Add. So Cas

nto Sr on Co

- 32352: 5 w BANK ASN AN

Tract rk .

oe Se oa FEF

- oa

Natl cath’ ‘Re . Rem Ra €.

an nd . Worthingtn' Pmp 34 Motors

Auburn Chrysler . Gen Motors

Hudson

Siudebaker White Mtrs ... Yellow Truck

Motor Access

Bendix . Bohn Alum .... Borg Warner .. Briggs ns Budd Mfg | Budd Wheel 9° Eaton Mig . 44 Elec Auto Lite . 39% Elec Stor Bat . 43'4 Greyhound New 15% Houdaille .. .... 243; Motor Wheel .. a Stew Warner 17 Timken Det Xe 241, Timken Roll . 74 Oil Alerada Atl +s arin Consol Ofl

Cont of Del ...

7 | Houston

oe on i Cal Rails Atchison

a 5

ae FESTEF

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BESBBLUISRII FIR FRE

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BERR ANEE

=F iris

ATKINS, HAMIL & 10

Now Yon Stock

Pre Close.

BARS re 22 Bread — rt DBARI DN Fre I DN D a) a — os ats

w _- Fae

- »

v, | Nat]

Mia | Natl

US | US Steel

Tea

| Penney J O..

Bhacuar St . buck. . | Woolworth “as

SWINE MARKET

CLOSES UNEVEN AT STOCKYARDS

‘Weights Above 325 Pounds

gIBREBUR =a aw FIFE

WO DWWLOD «Ti

Otis Stee

TE FEES

Warren Pipe-Fd Youngstown STextiles— Adains Millis +... er Woolen ... Be Cor

“I <I

BES »

— © =

ard . Bailly Morris “eh Reyn Tob "B'... 5%" Utilities—

Am & P Pwr... 7 Am Pow & Lit.. 11'% ATLRT anes 2 NO 7B Am Wat Wks .. 254 Col Gas & Elec. . 180 3 Ss

Std Gas Stone ® ebster United © Un Gas fen, 14 Ut & Lt SAY

Western Union.

Chicago Stocks

(By Atkins, Hamill & Gates) Prev. close Adams Manufacturing 16 Bastian Blessing

rgho . Central Illinois Publ Service. . Chicago Rivet and Machine... Cities Service Commonwealth Edison p

C } gham Dru . Electrical Household . General Household .. Great Lakes Dredge Katz Tug ‘er Libby McNeil and Libby ‘es Linco Frinung ‘i'n HIS

Loudon Packing ynch Glass arshall Rien id-West C orp pt achman Spr dl Billed Noblitt Svar Perfect hele . Swift International Sundstrand Utah Products Walgreen .. Woodall Zenith

New York Curb

(By Atkins, Hamill & Gates) Prev, close.

«2%

American Airlines . American Cynamid Amer Gas and a ectrie Aner Superpow Arkansas Natural Gas (A) Atlas Cor Bower Roller ‘Bearing Cooper Bessemer Carrier Corp Cities Service Creole Pet Corp . Electric Bont Rnd ‘Share .... Fisk Rubb Ford Motors, Canada (A) Gulf Oil, Humble Oil and Refining Co .. Hyler Preferred Imperial Oil International Vitamin Lion Oil ve Niagara Hudson Power . Mueller Brass Penroad Corp Pierce Goveino Rustless § Lon ona Steel Segal So oh St Regis Paper Sunray Oil

pt Bas

NOB DBI LI CO in UO aT BD DD at pt rr i <

It pt = 2 a maa

“2 a

an Grain Futures

(By James E. Bennett & Co.) High. Low,

July 1914 September .. Lien

uly ptember oy Beans—

July, 1.54; 1d; tsellers,

LOCAL CASH MARKET

City grain elevators are paying $1.30 for No. 1 req wheat. Other grades on their merits. Cash corn new No. 3 yellow, 96c. Oats, 43c. Hay—No. 1 timothy, [email protected]; No. 1 clover, $15@15,50; No. 1 Alfalfa, first cutting, $16@ 16. 50; second cutting, $17.50@$18.50.

Other Livestock

(By anitad Press) 29 —Hoi

gs—Market, 10

1 8.50 ughs, $9.50 dowh. Catv WLR SH, $8.75 down.

y,—Hogs—Market, NER Ang bee” fi 45; 200-225 Re

ia bE we. 2

0. gh 13 1. 1 stage. $7.75. Ee, os. mes ecial) os, Soecilattie — Buti.

, mat all classes steady with M uw limited nan rs Savance; 8 ep are Na

HY of w lots figh seers td Fi ineit i iixee ange, and oan d or choice dRSions

cows uncha d; Eo lower grades from a4. Fos AY nN pl 2

anges on yi.

lowes to HS hie most sow

, | Selpts, 1 3%; ot lots, ois Fut ah

SEs N

Ca attie, 67: A

he 200-250 1

Sa: ay—

”

Advance, While Other Classes Drop.

After opening steady to 10 cents! lower, the hog market today at the | Indianapolis Union Stockyards | closed active and unevenly 10 cents lower to 10 cents higher. Weights | above 325 pounds showed the most | advance, Receipts were 7000, At the close 160 to 180 pounders | brought $10.55; 180 to 200-pound iets sold for $10.60; the 200 to | 225-pound class was $10.65; 225 to 235 pounds, $10.70, and 235 to 250 pounders brought $10.60. Packing sows were steady at $8.85 to $0.60, top $9.65. Weights | of 250 to 260 sold for $10.40 to $10.45; 260 to 275 pounds, $10.25 to | $10.30; 275 to 285 pounds, $10.10 to | $10.15; 285 to 300 pounds, $9.90 to $10; 300 to 325 pounds, $980 to! $9.90; 325 to 350 pounds, $9.80 and the 350 to 400 pounders were $9.50 to $9.70. Cattle Market Steady

In the lighter divisions the 150

| to 160-pound weights sold for $10;

140 to 150 pounds, $9.75; 130 to 140 pounds, $9.50; 120 to 130 pounds, $9.25; 110 to 120 pounds, $9 and the 100 to 110 pounders brought $8.75. All classes were fully steady in the cattle market with no strictly choice steers offered. Top price for steers was $11.85 with a few loads at $1025. Most of the steer sales ranged from $8 to $10.25. Most heifer sales ranged from $6.50 to $8. Beef cows were $4.50 to $550, the cutter grades, $3.50 to $4.25. Weighty sausage bulls sold at $6 down. Receipts totaled 2000.

Lambs Firm to Strong

Vealers were steady on receipts of 500 calves and the bulk of the better grades ranged from $12 to $12.50. Fed lambs were mostly steady to strong and in spots 25 cents higher on natives. Yearling and slaughter sheep were steady. Top and bulk price on choice grade fed western lambs was $9.50. Top for natives was $9.50. The bulk of the Texas yearlings went for $8.25. Bulk of the good and choice ewes were $3 to $3.50, top $4.

HOGS

Bulk. $10. 304110. 60 9.60 10.40 10. [email protected] 10.556210.85 10.55@ 10.85

$ ht 133.18 [email protected] g (140- TEN Good and

Medium Lightweights — (160-180) Goad And

(180-200) Good and dium Medium, velg Rtg (200-2 od and (300- 2330: Good and Hearywalgms

(250-290) Good and (200-350) Good and

10 Receipts. 4000

$10.6 0.4! 0.5: 0.88 38 10.7

Shoice $ [email protected] . [email protected]

10.00@ 10.60 .» [email protected] . 10.356:10.65 10.006110.55

10.506710.65 10.456 10.70

9.90 10.60 9.507 10.00

choice. .

choice. . choice. .

choice. choice. .

ood ' (275-550) Medium’ si hter Pigs -140) dood n and thoice .

CATTL E ~Receipts, 2000— (550-900)

(900-1100) Good

C (1100-1300) Good

Rp SORIA N AD AA ROD

(1300-1500) Good

(500-750) Gi

00 ‘ Common, medium Good and choice . Common, medium.

Cows

(750-900)

ood Common and medium Low cutter and cutter Bulls, good Cutter, com. Vealers -Receipts, 500 Good and choice .. ' Medium Cull PL medium

(250-500) Good and choice Common, medium Feeder and Stocker Cattle (500-800) Good, and choice .§ 6.25@ 17 on, medium. 5.00@ f

Com (800-1050) Good and choice . 6.25@ mmon, medium. 5.00@

5.50 6.5 4.50@ 5.0

$ 6.500 450 6

Heifers— Good and choice Common and medium ..

SHEEP AND LAMBS --Receipts, 2500

bt 7 178) Good and choice. Common, medium alirep and Tams quotations on clippe

Other Livestock

o.'B United Press) CHICA Dec, -Hogs-—Receipts, 000, a Soo’ Chas: market, even, mostly 10@ lower than Monday's average; Pah and choice, 180-260 ibs. $10. 25% 10.48 nr top, $10.50 arinely; light lights and Sh ull; few 14

@ 19.10, better grade $9.65 9 Cattle — Receipts, calves, 5000: steer market, legs active; general undertone, yeaki but early trade on chioce and Hime steers and yearlings Steady; top, % 1 with some held higher: several loads, $12.50@ 13; mostly vearlings; in-between grade steers and yearlings together with common kinds unevenly steady to 25¢ lower; liberal supply short-feds in crop with befter grades weighty kinds precept longo rospects 25¢ lower on all except arlings and _li sendy: scarce; cows fully sea to wea balls,

28 -

ty Cc . Sten y hetfers vealers, strong to ie weighty sausage bulls selling freely as meager suppl. es permit up to $6.25; selected vealers to $12; practical top, $11.50. Shee w— pts, including 100 direct: lambs practically at standstill; indications ead to choice native and fd

veste offerin ag. 3 Ti080 TN anEte a : weight

hod oe $0. 65; Tem : native ewus, $3.50%

held

age stea 4.50.

TYPEWRITTEN LETTERS | AUTOMATICALLY TYPED | ADDRESSING & MAILING | MULTIGRAPHING i

STENCILS CUT MIMEOGRAPHING RULED FORMS UP TO 18° X 20°

CE TWO NOTARIES

303-307 Merchants Bank Bldg. LI-6122

Bonds of the United

Its Territories and Insular Possessions Federal and Joint Stock Liand Bank Bonds Indiana Municipal and Corporate Securities Real Estate Bonds and Preferred Stocks

States Government,

$065 to

| Sou 0 Sou Nat Gas [UD BEeuiinss

Rail Net

month last year.

New York Bonds

From Late Times Yesterday)

(1928 VE equals 100)

20 Indus. Rails vi. 4 99

80 Bonds

NOK n 1038 low 93.3

a 1936, by Standard Statistics)

S. GOVERNMENT BONDS (By PF. % Moseley & Oo.) reasurys

Uv.

Close. 12112 A182 11410 107.20 (110.12 Ceaaaeess 108.24 +. 100.22 108.17 109.20

1047-52 1044-54 1046-56 1040-43 .... 1943-47 v0 1041-43 .... 0. 1943-45 1941-43 1041-48 ...... 1946-40 ....... 1949-52 1951-686 .... n 1046-48 1045-47 ..

a LE 3%s | 3%s 3I%s 3%s 3's | aus »8 3%

SRR R RRR

BREE

EEE TERI TRE EE LEER ERE AeaERER Sars ER RARER SRE ER RRR

ais

Fo iss

| Q%s | 2%

Loo! 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. sk 108

BONDS Assoc Tel 4'%s Ind Ass Ves 104% 19h ne 108

{

Bid 66 ......106% 4s 61 ..103% Wiss, '58....103 H 43 .... 104% Indpis Railway ~ % $7 vv 1 Indpls Water Co 3'%s ‘66 ....104% Interstate Tel & Tel 5'%s ' Kokomo Water Works 5s Morris 5 & 10 Stores 5s Muncie Water Works bs Noblesville H L & P 6'%s Ohio Tel Serv 6s ‘47 Richmond 8 Seymour Water $e bs 49 T H Trac & L bs '44 T H Water Works Hs "a T H Water Works 6s '49.., 1 Trac Term Co bs '57

STOCKS

ABC Brewing Co (new).... *Belt Railroad & St Yds com.. 59 “Belt Railroad & St on pid . Cent Ind Pwr pfd 7 7 *Home Tel & Tel Ft Wayne . Na Hook Drugs Inc 1 *Ind & Mich Ie Co pd 7. ahs *Ind Gen Serv *Ind Hydro Blee Qo” LN Indpls Gas Co com *Indpls Pwr & Lt Co ie *Indpls Pwr & Lt Co, y os N3pls Water oh nd Pub Serv pfd as vive nd Pub Serv pid 6 N Ind Pub Serv pfd 7s Progress Laundry Co sy 37 Pub Serv Co of ind pfd 6s ... Pub Serv Co of Ind 7s Sou Ind G & E pfa 43s Terre Haute Elec Co 6s *Unton Title Co com *E-Dividend.

1 a

New Bond Issues

(By W. L. Lyons & Oo.)

Bid, Avied Stores 4% '51 Ark La Gas

Armour

ET 3 B & Va Me Calif Oro Pwr 48 '66 ast Sent Maine Pwr 4s '60 Cent Maine Jwr Blas 18Cent Ill Lt 23 OY is Cinti G & E ils. 6... Cleve Tractor 5s ' . Comm Credit 3's Be . ConsG&EL & P vas. . Cudahy Pkg 3% ‘35. . Cudahy Pkg 4s '50 Houston Lt & Pow 3%as '66.. Indpls Water 314s '66 Iowa Sou Util 308 > Cyan ve 28

— wy De BDORD

Minn Gas & Lite 4s '50 Mont Power 3Vas 66. ... Narra Elec 3',s '68 Ney England as, » } Y Chego Stl 4

B ; & Elec 3Va '66 Pac Lighting Ala '45 Pa¢ Tel 3! 86 ‘

Ss "s sea Railway & Lite Sec. 41.8 '55... Sou Cal G & E 4s '85 Kraft 4s 46 Un he n 3 . Wise G & 318 88. ...<:x Wise Bus’ a 4s Bie Teva ee

? | Chem { Sontinentai ‘Illinois ...

un- |

-160 1 9.50 |

fat |

sheep |

U nlisted | Stocks

(By Blyth & Oo.)

Pate

Gua

ns | frving

Ee uctaiis’ National City National Shawmut

| First National Boston

FIRE INSURANCE

| Aetna Fire Insurance

American Ins of Newark Baltimore American City of New York ... Franklin Fire 3 | Great” American: tn Grea merican Insurance National PF Hartford .. Home Insurance Hanover Fire ational Liberty Nor Rive

It You're Planning

to replace an existing mortgage on your home, we invite you to submit your requirements fo us now. We have ample funds for all necessary mortgage refinancing. Apply today for full details of our favorable terms. Consult our Loan Officers.

Federal Farm Mortgage Sap

No JOT

———— POMES Today's Bond Leaders

Oh! Mil & St Paul 5s '78 Seaboard Alr Line 6s '48 Intl Tel & Tel 4s "52. Intl Tel & Tel 8s "58 ntl Tel & Tel 4's "30 Alleg Corp 6s "#4 ............¢. 1000, Alleg Corp 5s '40 Am For Pow 5s 2030

Amer & Tel 5'cs "43 ..... & (Del) 58

Atch

PR vi ‘pity ea | ey

vena 104%

Sa - FSR

_— ODI Dt wt DOD er TY Ot BS CO Tht Cet

a Vas 11 Unjon Oil 3's 51 vac 3%s 50

a Ne

Argentina A Australia 4'; Brazil 8s ai

City ay 61°

Toki ama 6s

Yoko

CAL

Increases

Preliminary reports from 101 Class 1 railroads showed a net railway operating income of $65,906,299 _ for November, compared with $4

8,979,493 in the same ! i

RAIL EQUIPMENT ORDERS PLACED AT 7-YEAR HIGH

‘Backlog Reaches 19,844 New Freight Cars and 116 Locomotives.

Times Special WASHINGTON, Dee. 29, — More | new freight cars and steam locomos tives were on order for the Class I railroads Dec. 1 than at any corse responding date since 1020, J, J, Pelley, Association of American Railroads president, announced today. New freight cars of all classes on order were reported to have totaled 19,844, compared with 4490 on Dec. 1 last vear and 1711 on Dec, 1, 1034. The 1029 total was 30,569, At the same time there were on order 111 new steam locomotives, | five new electric and Diesel locomos

5 | tives, according to the announces

ment, The year before there had been 14 steam locomotives and three electric ones on order, the report said,

Cars Installed Gain

The Dec. 1, 1034, total was reported to have been 23 of the steam type and 95 in the electric category. There were said to have been 200 steam engines on order Dec, 1, 1320,

The 39,556 new freight cars placed in service in the first 11 months of 1936 was said by Mr, Pelley to exe ceed installations in any corre= sponding perfod since 1930 and showed an increase of 32,802 over the 1935 period. New steam locomotives placed in | service, according to Mr. Pelley, totaled more than in any corres sponding 11 months period since 1931, It was reported that 77 new steam engines and 32 new electric and Diesel locomotives went into service on Class I railroads in the period, compared with 31 new steam locomotives and 102 new electric and Diesel engines in the 1935 period.

w——-—

Money and Exchange INDIANAPOLIS STATEMENT

Clearings + 3,281, Debits «7,848,

TREASURY STATEMENT (By United Press)

WASHINGTON, Dec, 20, —- Government expenses and receipts for the current fiscal year ending Dec, 24, as opi with a year a 4]

Expenses Receipts... 2, 1.881 Ar, 229. 2 Deficit a 1,823 193 048.57 2 298. 897, 2 ,272,631.16 30,542,448,343. “ 177,448.40 10,114,501,759.37 1110,568.19 186,203,750.88

Major Al Williams Just returned from a tour

of Europe, where he made an exhaustive study of military aviation, Major Al Williams, fae

mous speed pilot, has

the inside story of

WAR WINGS OVER EUROPE

/ In an exclusive series of he will reveal plang for war in the air; do conquests now being planned Silpe sow. under construction; will show is even now choosing up for the War of the Skies, Tie series will

MONDAY IN

lis