Indianapolis Times, Indianapolis, Marion County, 25 March 1937 — Page 12

. | . Farm Cash Income Climbs Abreast of The Times on Finance 4 % Farmers hod the highest cash marketing income for last month of any February since 1930, the DepartSumi ; ment of Agriculture reported today. Total for the month

Capitalism Evils Hit | PAGE 12 THURSDAY, MARCH 25, 1937 | was £50%,000.000. In Encyclical

rumors | BUSINESS DRVE [New York Stocks |SMALSUPPLY Now York Bonds | FRESHCAPITAL

By JOHN T. FLYNN | BOOSTS PRICES NEW EXP EW YORK, March 25 -- The BOOSTS PRIVATE { (By Thomson & MeRinnony 3 a Prev | (Reprinted From Late Times Yesterday) Federal Farm Mortgage Corp. { ANSION

Pope has issued a solemn Close DAILY BOND INDEX A%s 1064

Gp FEE ER

Month ago .... 94.3 99.7 1049 99.6 | Today's Bond Leaders— lose. & mn | Year ago 92, as . 96. Ches. Corp 5s’

ee BTM PRCT pe PE

Avintion—

3 vs | Natl T Ww 10 10 7 : erave error and this is a good time [215,000 Re-employed in| Wormer ros 4 tM sees ct TH Tae teil Gains Range From 10 to 15 nirwieh noone aod dees ager NcenTesws. li pb Reports Show 18.2 Cents

52.3 102 | tCopyright, 1937, by Stanqard Statistics) | Southern RR 4s °

5 TT & Youngstown 3'a§ 'S 50 © 148 of Invested Dollar far

Co. | U. 8. GOVERNMENT BONDS |

to point that out, because in this Sears Roebuck

country the | February; Figure Near ayn Cor i 31, | Woolworth 0 53% 53 3 “| Cents; Choice Grades

d commun | Qurtiss yrignht ! Tinie n ois .t wor - urtiss Wright A 20% 20% 3 Firestone 2 2 il | : a 1929 Level. Douglas A 3% 6x §2%% | Goodrich ....... a ) 3 Bring $10. 40. yu | Soren HT A ’ ) he | [41s 1947-52 115.2 | Alleg Corp 5s itl — Sperry Corp .... 207 » ¥ 20%, ({U S Rubber 68% ] —— i 947- 4 3) | Al g, Co p, 5 J weapon with | United Air Lines 21'% . : U 8 Rubber pfd 106%: 3 Mise . 108; am Fim | ow : 30 . 8) i which to fight | By Dwited Tress | Unita Aireft New 31% 30% | Steels— With smaller supplies around the | 371s -56 . So | Am Tel & ‘nel 50s Pas” Inge | By SANDOR S. KLEIN A TO Ch SP it : "7" |Am Roll Mills... 41% nn A ¢ circuit, prices advanced today at |3%s 19 5 106.2" | At] Coast Line 4s "52... 101% 100d Vnitr Press Stait Gorecoiowoent every attempt of reviving business and settle Building— Beth Steel ooh 99 y 96 4 A ; d buss 3 " 06.6 Al, Coast Line avs "64 . : hy | (Copvright. 1937. bv United Poss) oT sure ing S ettie- 9 : 987 57 vers | : a ; ; 5 ards. | 3's 1943-4: . . ch Top & S Fe 4lhs ‘ 3 3 to correct the | ) hy | Am Radiator Ni Re XN 3 | Crue Steel . .... 76% ie TB 5 the Indianapolis Union Stockyards ox ER OD Rs oo bus 48 100 8% | WASHINGTON. March = a grave abuses in | ment of major strikes served to re- | Holland ~ Furnace 48% , | Ludlum Steel .. 38% 2 : 7 | Weights above 160 pounds were 15! 3%s 1 : ; 12 | Balt & Ohio 5s 2000 .. C893, 94 | Jus ; I our own system. | employ 215,000 workers in private | Lone Star 713% A 0: 05 . : ¥ : 38s 9 . ve Y . Balt & Ohio 6s '95 ..... ... Of 0 {alysis of Securities and Exchange

~ : Johns Manville 1441, 31 ees ; : i® cents higher and underweights !3:s 1949-52 .... "103. 3 § SAL & Ohio 11s 60 hee issi registrati Try to end child |industry and boost payrolls $12.- | L Libby Owens Gls 70 9 | Otis Sted | 33 a n [ 3: 55 . 103.3 | Buff Roch & Pitt alps '57 Commission registration statements revealed today that 18.2 cents of

labor or corpo- | Otis Elev STN : 17 "| Rep Ir & Steel 457 A A s, gained 10 cents. | 3 oy 10212 1038. | Chi Mitek, Tei p 00 el oi : | every dollar invested by the publie 190 | Textiles— {centers were 31,000 compared with |27%s 1956 : 19] Gol Gan on Hav. 2 | { 4

: | , a U § Gypsum 119 . : | 23a 7 18 | Chi Mibw © &¢ B & : rate graft or [500000 a week during February, | | Warren eam += hd Mis 4 | U S See ta J12%8 , 137 "s | Local receipts were 6000 with 727 | 23,5 1948-5 . 18 Chi Milw & St P 5s 2000 in new security issues during 1936 J \ . b 1949-50 J 91 Col Gas 5s April '52 Ovi "eS ork 273% | en FH, : 3 561 H | 49,000 last week. Home Owners Loan qore. Col Gas 5s '61 . : pene Provide fresh Wording bap

; ¢ 4 lb : : ; : 3, : 00.8 4 101 3 Wall Str eet Labor Department statistics Save? Chemicals— | Youngstn 8 & T 93'2 93 : 3% holdovers. Receipts in 11 packing |3;* 4 004 | Seve Un Tom 3 Vii Mr. Flynn raids or utility | todav, Com Solvents 3 34 ? : a, ; oy ! Can Pac Perp 4s ..........° B13 . . ’ : i" BR Bl BN I Oy ren ae ee i Boh Can Fi, Fo 8 tal and funds for plant expansion 90 | !

ctorti 3: 'y . : : | Du Pon! extortions; The combined impetus brought | Freeport Tex NN i 100.6 : {higher and sold mostly at $9 to | eves 53 301.24 | Big Four Dns ry g a : Tobaccos— | . > 3 1952 crus aa sree nen TORS 2S 77... een 9 and equipment. Lam Ton oa” 8B s, | $9.65. Weights of 160 to 180 pounds Ee enema © BIL FONE BS

In Justice to the Pope i w 1989—ihe highest level since De- Jon Carbide | 101 04° % ints | DR B 101% y Ja ers brought $10.35; 200 to 210 | | oor Went Jun a ae 23 5: dollar was utilized for that purpose. he or Tea he DY | cember, 1929, first month of the | wvprugs— : : | Reynolds Tob 'B’ 51% 51% 51% | pounds, $10.40; 210 to 225 pounds, | | Som Gas 47 Ts 18... *| Net proceeds to registrants from yredatory we ; or) my ; . " ny | s cone 1057 : ; 8] oh not misuse his words for their | depression. The index for weekly | Lehn & Fink .. : g Utimjes $10.35; 225 to 235 pounds, $10.30 and | | Borsa corn 8s public sale of securities registered

ry y N —high- | Sterling Prod .. 66° 4 2 h Am & For Pwr . 11% 3a : a ho] "es S 43 "4; 1 : own advantage. it might be well to ls he to 95.7—high- | Jie Drug (mew) | 13 ; 3 | Am Power & Mifare Y 2 v { weights of 235 to 250 pounds were a 5. 65° with the SEC in 1936 totaled $3.997 recall the words of Pius XI in his on . y : | Vick Chem : : : S By &y VES TS i | $10.25. Pe Se 773. Pans 514 | 067.000 compared with $2,230.930.000

. o Equipments— i : Erie 55 '67 . 2 | famous encyclical in 1931. To dhe ol. oh ese : | EOL Gay & Eiec f : [ 6 : Cattle Trade Active Gri Northern “G" is i yl 3 lin the previous year. Of this sum, WAU . ; » - 1 el - “ : : o « rt « . x Am Loco

0 1 * | Consol ‘Gas Northrn “H" 45 ‘46 ¢ 091 | 70.2 per cent or $2.806,955.000 was HE words of this famous docu- ployed in industry than at the same im L 3 ) S { s : m teel Fdv

. 1 4 h b y a : | Elec Pwr & Lit Weights of 250 to 260 pounds S— Grt Northrn 4'us '77 time in 1936 and mass purchasine | ment are very little known to p 5 | Bald Loco

| Interboro R T : 3% b ht $10.20: 260 to 275 d | Gen & MEuhal WW 514s "40 |. oF 2 ei Sumacied for repayment of indebt- » aX ; rought $10.20; 2 o 275 pounders c anhat Rf 5s '57 00. : , | edness and retirement are habe even |POWEr was $62,300000 greater each | Gen Am Tnk Car 73 Lou G & ¥ 1 : 3 ion Below Normal Carryover); Cent 4; re ent of preferred non-Catholics and perhaps ever ‘week as a result of higher wages. | Gen Elec :

| Nat Pwr & Lit. 1% nv were $10.15; 275 to 285 pounds, | | stock, compared with 80.8 per cent i . 2 Jess known to Catholics. And so Poor & Co

Nat Pwr & Lit r 10% i . . { Il Cent 5s ’63 a £4 ; : . 9 ; Gains were registered in 77 out | Pullman Inc’ NO th Er ree BO i 2 Y> | $10.10; 285 to 300 pounds, $10.05: Likely to Aid Present | Intrboro Rapid Trans 55 '66 .. 93 8%: | OF $1,802,409,000 in 1935. while the Pope makes known again | ¢ go industries surveyed by the de- | est Air Br 31%2 5 51 5 Peoples Gas .... 52 33, 3 5374 | 300 to 325 pounds, $10; 325 to 350 ot

Pac G & E Interntl Hy Ele 6s : ‘ esti : { Internt] Ti & Ser ar '39 y 2 Picture General Trend his Warnings agamst COMMUNISM, | 0 iments experts Westingh Elec .. 142% Pub Serv N J.... 45% (I 5% | pounds, $9.95, and weights of 350 to Level for Year. Intern(l Tel & Tel 5 ’ . 73% 7 . it, is opportune to repeat his warn- S. Financial— So Cal Rdison ++ 2H 4 3 v1 400 pounds Were $9.90 Interny Ti a S52 9 , | Allocated for working capital, $ NOY ¥ NA : Adams Exp S ME : J 2 § re 39.90. — tin alley 4s Sas : . : : ; ing against the accumulated evils Operations Resume Allegheny Corp . ; 3 Se ay ehster 8? 26% - | In the lighter divisions, 155 to 160 McKess & Rob 5's 50 .. | 3 a, | plant expansion and equipment was i : : " # ar . 2 | -~ - of capitalism. : “Resumption of operations follow. Conant Corp 63 3 : 5 | on Gas Imp Y a | pounds were $10; 150 to 155 pound-

» said: i nse number |. g Va S ; 90%2 | Ut Pwr & Lt (A) | 3 33 3% . ®Q 7A - BEI . : 4 : : He Saiq: “The Tv NOPE ing shut-downs due to strikes,” said | Shs Corp he LE 9's Western Union : 2 : 9s, | ers sold for $9.75; 140 to 150 pounds, t Nickel Plate 4%s "73 ..... .. gt 9] against $151,877,000 in 1935. These of propertyless wage earners on Yeatior Lubin, COMMISSIo tL | Fon, Inyst Trt ! ¢ ( C et $9.25: 120 to 130 pounds, $9; 110 to | wheat prices probably will continue | | Niekel Plate 51sec '74 | : : 2 | figures Go not si the full We . S r- 8 r ) 1 sioner of La- } 5% e . ‘ent 5s 2013 . 8, gures do not show the fi tent, the one Nand #nd ve supe: r Household — 120 pounds, $8.75, and weights of at high levels during the next 12/N v Gent 41.cta13 (ond) Be Bt extent

abundant riches of the fortunate |bor Statistics, “were primarily ac- Ph J ta : a ni Ch 1Cago Stocks 100 to 110 pounds were $8.50. months pecause of below normal | No¥ Cent Conv 65 44 ...... . 13 551, Of the money earmarked or exe : . ic @ SWOT = al . 2 2 A , ! cause | r Amer Co 5s '61 .. few on the other, is an unanswer countable for the increases of 34.6 Congoleum . 50 : 3p | ~ | The cattle market was very active : | Nor mer Co 35 "61 eee > .. | pended for this purpose by industry, able argument that the earthly r ‘cent in emplovinent in the Jight- | S08 i, Gamble : 5814 58) (By Atkins, Hamill & Gates) 1 killing class ‘ll t strong | CATTYoOVer stocks, the Department of Nor pac ge 2047 C1 91; but they do provide a picture of the goods so abundantly produced in |Per ce SI Oy n BL | Simmons Bea 3317 33 oe Di Prev, [OD 2 illing classes at strong | | Dew Otleans Term 4s 55

: : : | wan . ud ! Agriculture said today. | y 2 rh this age of industrialism are far ling equipment industry, 22.7 Per | Foods— : i |prices on a run of 800 cattle and Agriculture d Penn Rv 4s han z general trend.

| Penn Ry 4! 0 i : 1 X % Adams Manufacturing 3 5 ~ i" . ! : 11 world wheat cro : dena | from rightly distributed and equit- [cent in hardware, and 17 per cent | Amer Sugar , | Advance Alun inn 107% + 1600 calves. Top price for steers was | If another small world . P Benn 1M 3s 3 Ep 2 In 1936, 30.8 per cent of security ably shared among the various |in glass. | frmour Prod 3 28 : Bepestos Manufacturing vere (XL 37 jo with the bulk of steer and vear- or a small European crop is pro- | Portland Gen Bl 4155 1aee,, NRE | issuances were by manufacturing . - a o 7 . .s 4 " . i . . 9 ™ . 4 . . classes of men.” | “The gain of 22.1 per cent in cane | Sal Packs ate oo 395, Butler Brothers inl Bebvice. > ling sales at $9:15 to $10.50. Heifers | ayced, the Department said, world | pans a Ta ly | Oru ons) 29.7 per cent bv elec- : 1%: oF v*% i | x 4 K 4 33 < . J 34 og . o » . CIR D5 f | tric d AN. . . To this he added, “Distribution |sugar refining was due primarily to | Goca Cots © 18 31 152% | Chicago Corp = ‘brought mostly $8.40 to $9.50; top, prices will average higher during the |Rostal Tel & Cab 55 53°. 0 ric light and power, water and gas

of created goods must be brought |the settlement of the martime Cont Bak a)" x; 27% 33 23, Chicagg Yellow Cah ’...00000 0 al $1050. : Thur Juve Ye dime DE TW as 36... 100 , | compres] 15.1 per cent by Anans into conformity with the demands | strike, which made it possible for | Cuban Tod Sugar 11% . 57% | Consolidated Biscuit Vealers Up 50 Cents next year, than during the pas h Socony Vac 3155""50 3 23, cial investment companies and the of the common good and social jus- | the refineries to secure the necessary | Gen Baking 2 16% 8 iy | Gord Corp. da He t di beef cows The Department said a United | gq, pac 41.% 91 3 : balance scattered among diversified tice, for every sincere observer is |raw materials. The automobile in- |S 5 Foods oo. 428 2% 3 Cunningham Drug : Jia So ommon 10 me ium : Deel COWS | ates yield of 860,000,000 bushels of Sou Pac 4s" 4: 04% 95 | interests. conscious that the vast difference | dustry showed a gain of 2.4 per cent | Hecker Prod .. & i 13% 187; 13s, ( Electric Household ... 83 3% ranged from $5.25 to $6.25, the cui- | wheat “this year is indicated. If {Sou Rail 4 3 31% »| Iron and steel corporations, now between the few who hold excessive |between January and February Roly paugar =e. 33 ai 33° ;* | General Household ........... 7 [ter grades, $4 to $5. Top price for |farmers carry out spring planting [SoU F a Sas, 5 . | eXperiencing their greatest boom wealth and the many who live in | coupled with an increase of 12.3 per | Natl D Prod ... e 3 y ; bai Qreat Xp De ; ie sis (sausage bulls was $6.50. Vealers | intentions and if yields are aver- | Texas Pac 5s ¢ : 217 | Since depression years, floated 8.1 destitution constitutes a grave evil [cent in payrolls. Pye I Sug gl 20 % v2 | Katz Drug . Jaekhy 149 , | were 50 cents higher and the good | |age, this year’s spring crop may to- Texas Pac 5s nT 104 | per cent of the total issuances, the in modern society.” “Among the 11 industries in which | Std Brands .. 3 A al be 8 Tibhy ooo.) 37 [to choice kinds ranged from $10 to tal 260.000,000 bushels, the Depart- i 5 "47 11%; 1101, | largest amount for any industry. Oil He seemed to have been writing decreased employment was shown | Switt ose gs . s .t | Lion Ol . ees 22a ANY $1050. ment said. ne a os 3 % refining companies were second ahout. America when he said: “It is | between January and February, the ! Wrigley .. : ye Sa dledan 1 9 | Lambs were steady with yester-| Adding to this the winter wheat NY NH & Hart 6s'48 ....... 511, 59 |Wwith 6.7 per cent, and food manupatent that in our days not alone | decrease of 2.1 per cent in the rub- | Mining— nd Corp ........ 12% %s day's average or around 25 cents crop of 600,000,000 bushels as indi- | Warner Bros 6s 30 81" ve facturers and processors third with is wealth accumulated, but im- ber boot and shoe industry was | Alaska Jun .... 5; | Utah Radio Prod 01010 “3% 3%, [lower than Tuesday. Choice wooled cated possible by the Crop Report- Tw Uninn he BY ow ¢ 34 per com, mense power and cespotic economic | caused by strikes.” Amer Sen Sa 06d 981: Wont natusteies oo Be . fed Western lambs brought $21. !ing Board, the United States may | Youngstown S & T 314s '51.. 1: Net proceeds to registrants of se-

dommation Js concohitaied a te Some Lines Over 1925 ores F 3% 63% 63% | Zenith coven 8 33% | Clipped Western lambs were $9.75 have enough wheat this fall to be- | FOREIGN [curity sales in January, which was hands of a few, and that those few | Cerro de Pasco. a 3 93, 5 er — (to $10. A few native wooled lambs |come an important exporter of that | Argentina A ho ns re 999 the latest available 1937 figure,

Hose. | atten Corp 5s ° i These Purposes.

pt ise

i ie edad y Monsanto Chem condemned promptly as “Bolshe- |postdepression records. The Depart- Nati Dis (mew)

: ’ : ” . 3 S vist” or “Communist. 'ment’s employment index reached | § henley 2S!

KABA EEE»

| | Am Brake Shoe | Am Car & Fdy

PARE ENN aa

By Vinita Tress | et 3, Tel Ad) 5s ‘67 |. : an aggregate f 724,802.000 x ‘ . airy 3%s '51 van : ggreg 0 $724 80: s WASHINGTON, March 25.—World Natl Steel 45 "85 . : ! 7 as

; Australia 4'5s . . 993, ‘ me ; are frequently nou the owners, but Secretary of Labor Frances Perk- | | Gt Nor Ore Lo 23% : 3515 | N. Ye b > b | brought $11.50. Slaughter sheep | commodity, the Department said. Canadian Govt, 3 "60 10515 105 | totaled $264,972.627, of which $36.only the trustees and directors of |ins pointed out, in a discussion of | ns Coppers“. Si: 2 ) ) ew or ur | were steady to weak at mostly $6.35 Rxpert Levs CAIEFover | German Bis Bs . 9 ik | 414,000 was intended for new work - invested funds, who administer the Department's latest statistics, 1a Gop. - © % % 8 Vi | (By Atkins. Hamil & Gates) "down: top. $6.50. Receipts were 800. IXpe J German Ts 49. : gs, | ing capital, plant expansion and them at their good pleasure.” He that technological improvements | Yo gma Copper . 57; : J ; Prev. | “World carryover stocks of all | Japan 6'4s '54 4 :| equipment. In January of 1936, Said: Pheer edge... 30 53° Son uf | Atuminem Co. of Ameries... ve" Ti | Other “Livestock wheat on July 1 this year are ex- | §ome 60s 52 .. 1 only $23152,000 was alloeated for { » ¥ % and constantly changing industrial {st Joe Lead ... 301, 501, 9 | American Airline 2 1 | pected to be less than the average | Shi : - 52% | that use,

8 S er . ‘tien = ar . X | UO Smelters .. ¢ < C ¢ | American Cynamid ‘“B”........ 501 307 (Bv United Press) > ron power hecomes particu standards had served to change the | | Vanadium : : 35 | Am Gas and Electric . } ; CHICAGO. March 25 Si _ carryover prior to 1928 when stocks larly irresistible when exercised | relative employment levels in many | og ceipts. |

Misceanenee | Arkanass Natural Gas “A” % 032 | 000, including 2000 directs; marker. so. began to accumulate, a situation | Local Serur ities PEARSON REPORTS

< y se thev hold businesses durin the last seven 5 iy 5 , 5 1 { tive, 10@l5c higher (han Wednesday's | o o ¥ : bv those who, because the} g { Allis Chalmers | Carrier Corp : : | average: top, $10.60 paid for several Gay that will make production mm 1937

. ’ . ear Amer Can 09% | I ‘ | : : and control money, are able also to | years, . Am Mach & Fdv 2614 534 26 9252; Rai i 5 4, | choice 2p.210 Ih, averages; most good and |a much more important price fac- IBv Indianapolis Bond & Share Corp.) NET INCOME GAIN govern credit and determine its Among many types of enterprise | anchor Can 33% 23y, dv, ag r Bessmer . .. .. 28% fo | CROKE; backing Ws, generally jon hichss: [tor than in recent years,” the De- | Iie, following yuopations Go woi repre. . ens y y Burrougt 32 : 32% troit 1 . 13% | sows, generally 10c higher aii { sent actua ids or offerings. hut merely allotment, for that reason supply- |now hiring a larger number of men ' urreughs Add 3 Detroit Grey Iron. , + | bulk, [email protected] 3 | partment said. | indicate the ADDLONIMAtE navel level

| J Case . 0.154 § 5 ; | Eagle Picher Lead ‘ ing, so to speak, the life-blood to |than in so-called normal times | cont Can 615% ; 1 A : and Share a3, , Cattle ois, 9000: calves, 1000; ship- | | based on buying and selling inquiries or A net income of $180,618, after all

: - ers i Durin the last four years in the entire economic body, and | (1923-1925) are steel, machinery, ag 33a , : Er cahEin Ta”. on BTN * | Eorictly good. Sen chalice s 53" wna Yeats | which orld wheat production el RE ONDS charges, was reported today hy grasping, as it were, in their hands | turbines, engines, tractors, aircraft, | Curtis Pub . yl Va a | Greeneflia Tap and Die ad ; Nore mparahle grade cows and all grade i, 0 "cmaller than the consumption, | . 3 . BI Ask Prayon Co., Inc., for the year 19386. the very soul of production, so thai |automobile, aluminum, glass, textile, Ira Kodak i 1” 1e0 *| Humble Gil and. Refining Co .. 81% top weighty ‘Steers and. heifers showing | | deficiencies have heen made up Tel Tol Fi W hag Jon: 2 a an Increase Of $74.362 no one dare breathe against their | food, chemical, rayon and other | Gileit- 4 7 % a | iygrade Food .... * . most, advance: Dol 1-Ib. steers, $15.35: | tocks accumulated in previous | ING Assoc Tel 41s "65........ 104 © 108 | Over Lhe previous year, the company n ? manufacturers | Glidden SY 45 5% {ion Oj Ey Tons. shame offerings absent; ' several | from stocks accu in p Indiana Tel Co 55 "60 ...... ¢ 100 | Stated, wi Miss Perkins emphasized, h | inter girs 103 : : 2 Rivets Hadeon awe: ol 13% 13 i gh oshly jinished yearlings years. The prospective carryover in |Indols Railway Tne 5s 67... fs os | ~ T ae 1a ti er asize Wa a 3}: 35 3! J . / . \ 0 bulk medium 1 dpls W Yo 3's . f me This accumulation of power, the p 0 | N24 cash Reg 5 | Pan American Airwavs /: grades sold freely af $9. 25@ 11.50; oa | {July, however, will be too small to | De To 2 Tel 510 "63. |

, | Senger Store ante OY $6.25@ 8.50: cutter cows, $5.40 down i : 3 Noblesville H L & 61s "47 1 : impr t h b IC Standard Oil or Ohio ain 3 accordi n to $4, Available wheat supplies during od RB 2 102 permits the survival of those only mprovements ave een intro- | CREaley rs ramg to weight and condition: weighty | Ohio Tel Serv 6s 7

Sterchi Brothers ....... "e's 1 0 sausage bulls up to § e . inder thi 4 3 » Ro ar st ‘Whi | duced. ly Sunray Oil ly HY 8 | higher. ol © $6.65: vealers, 25a 50c | the remainder of is season ar ve | Richmond W W 5s '57.. 0: 6; ho a Hones NHIth Orion | ES | Graham ik Tilo RovAnS bavi 16% fer, $10, very scarce, mostly [email protected], |said to be sufficient for require- Li your Water Co, bs 10% a Ir r i Ss 0 n means those who fight most re -

Trac & 1, 5s | Nash... lessly, who pay least heed to the Local Livestock | packard

{

NEE

oN DIL ORISWATD

Sheep Recelpts, 5000. mcluding 1000 | ments. While supplies of exporting | H Water Works 5s '56.... 102 Established 1912

i 3 y oy directs; fat lamb supply practically all T™ H Water Works 6s x dictates of conscience. . . . HOGS | Studebaker

Chicago Grain Failures Totarads Nooled lambs; “very little early sg are in excess of estimated | 1yac Term Co 5s "57... .. qs 4 1115 CIRCLE TOWER “Unbridled ambition for domina- ave} Bulk ‘Recents | Wife rs 3) 3 : dey ig | (By Jame: E. Benneit & Co.) ov. | ond Cr eer Tor pea higher on SE Ss TONNE thes) oh STOCKS ——— Ho hay A tne detire a ia’ A 3h 2000 | Mfuthe Aevess—. Sr, Ra Te " 0 (By Times Special) mal levels by next July, the Depari- ha Ratirond & st a lk . GOVERNMENT BONDS gain: the whole economic life has |. D010. a v300 | Bendix | 5 5 851 51 95: Mav RN ) Al 1-300 A . | coh QUTSVIL, LE patch 25. Cattle Re. ‘ment said. | oom, Tad Pa r ig rar 23 3 : FEDERAL, AND

in a ghastly measure. Furthermore, : 085610 3% £000 | Briogs : : | Corn— 2 s plain. warmed up, | "| ind & “82: 's “> i. 9.89 4 Lh 3 . Dy” 24 ight weight | Serv C % . v ay ; the intermingling and scandalous | [email protected] \ 6000 | Budd Ne BB 2 . May 12 1% 112 44 nono ouhd 33.50, Stherwize Mou | GROSS ASSETS GAIN I en a To 6: 24a eve 1) w | BANK BONDS y cine ies es Light Lights— B “h 2 ’ July ..... 1. ] : ; . stockers W ari y d | Ind Hydro Elec Co 7s a we 80 : : — pe he | (190-160) Good and choice. .$ 3.356 10.30 | Bice Stor Bat. 1 : tL 1h eh. IH 02% (early. trade. vio: ‘Capel Receipts, 525. | OVER 31 MILLIONS | ndpls Brw & Lit Co pid 6s.. 9612 93 | REAL ESTATE have produced” erring evils and Lightweighter [email protected] | Greyhound mew. 15 hy irs ing gine 300 stock calves: vealers open- | | XIndbls Put & Lit Co pid 6s. . PREFERRED STOCKS ave pr ying evils iightweights

; ws " 3% [ May 3 463 46% 467% (ing fairly acliv " bY % ~ 3 —— n | indols Water Co pld bs . 106% v (160-180) Good and choice . [email protected] | Houdaille =... 2: : rn 43% [43% 43% | higher: few best $10.50 hop Cosi 50 N ind Pub Serv Co pfd 5's’. §2 85 AND BONDS

have gone so far as to degrade the Medium 9.20@ 10.20 Motor Wheel .... 28 A 29 : 202 Se a, 8 34 choi $ good and | Times Special N Ind Pub S C 1 6s ¢ g $ ar ¢ ore . us 2 3 A MONE, | ‘ ‘ 5s ny ce, $9.50@10: common and med { [N Ind Pub Serv Co pid 6 ajestv 4 | (180-200) Good and choice . 10.206 10.40 | S(€V Warner .... 1 : 5Y% . | erades, luigely $7. On S elm | > y : ‘ sross | N Ind Pub Serv pid Ts majesty of the state. i Medium 9.706010 20 | I imken Del Axle Rye— | hog market, 3 irly Ba oseints, B50; NEW YORK, . March 25.—Gross | Progress Laundry Co

0.3 , n J «Ip ; ci y 1200-220) Good and choice . [email protected] Oils— July ..... v BeiiS. gis lbs, So Joa1c. 25: underweig} rwolv Pub Serv Co of Ind Ts il 4 STOCKS supreme arbiter, ruling in Kingly (220-250) Good and choice . [email protected] | Atl Rig : : 38 99% 98% 0% 99%. $9.50@ most sown Cmeights | reported by the United States Steel Lud Sv Co of Ind gs...... i OCKS

Sept. . fashion far above all party conten- | Heavyweights Barnsdall 31+ : NY, 314 sSellers. lights, 0. ' Sheep Receipts 100: fat lambs | COrp. for the vear 1936, an increase | Union Title Co com y y ctior (250-290) Good and choice .10.00@ 10.25 | Consol Oil . 165 - | Scarce, steady: few head good f - ivy ig 3 Van Camp Milk Co pfd 60 Vion, Tateni ONY oh Tus wii It | Roos, Tro Ses toon. BS 5 | Cont. of Del I i LOCAL CASH MARKET 100-10. old “cron Tombe al $13 mearone'y | Of $31,730,360 in comparison with the | Vib CRE Milk O80 Tom 11 1h : INVESTMENT TRUSTS common good, has become instead | Packing Sows Houston (new) % vi : good lats, I1.50: smal consignment | previous year. XP a, Mallory Co ‘tom «+. 35% : (975-350) G alien : | Mid © 32%, 33% 32 39 itv ora . - prin 7 " ' 4 ; - ¢EX-Div a slave hound over to the service (350-433) Groag .. A a. Bh Pe “ 7 2 ; City grain elevators are pPaYing horn siaughoe owoaliDs-, $17: fe head | The company reported $103557.709 _ *®¥ 2!VdY

ER 8.9" 9.48 io $5. Receipls Wedn of humar passion and greed.’ (425-550) Good hares 900@ 9.95 | Phillips

A Spx »

“ A Pet 345 t . 545 5 , 181.35 for No. i red wheat. Other | dav: Cattle. 345: calves 139: hogs. 910. leurrent liahilities for the year, $34,-

"5.55 i - : : . shee Copyright. 1937. NEA Service. Ine.) Se pred tun ey Yo mos of av, 2 14 grades on their merits. Cash corn, | 5: Ives. none hots i Cats le, hii 561 morte than 195. 2 r gS a . ho $ 1100-146) Good and choice . 50@ 9.5 p IN g 3% (new No. 3 vellow, $1.04. Oats, 44c, pa een hmmm iisasiiinemimim an TT ii —————

* CATTLE, HOG PRICES VRE . 508 ; 3 3h 22 33: Hay—No. 1 timothy, $13.50@14; No. ar Soc Vac =... 1 i 8 |1 clover, [email protected];° No. 1 alfalfa, Sh Receipts, 800 — ol Re oe BEY 31, 5Y, | first cutting, [email protected]; second cut- | | BUY Indplis. Power & Light Co NEWTON MAY SHOW ADVANCE (550-900) Co ve i Meenas ree 3 0! 54 $s | | ting, [email protected]. aH | AND . 3 %0e aes Tidewater Assn. 195 9! 954 9%, 6%% and 6% Pfd. 1000

(900-1100) cn ice ........... [email protected] oy Oh Mi a Money and Exchange i

. [email protected] Rails— [email protected] | Atchison .. .. .. 3 - | ANPIANAPOINS STATEMENT

tained Until Summer. 1300-1500) Nr egtum : all. 32 ch & Gt W... . 3% WM 350 it | TREASURY STATEMENT WE BUY SELL oUOTE

Gi @ i Y 3A { | : ood . [email protected] Cc & St P 3 3 3 2%, (By United Press)

g g % | WASHINGTON, March 25.- Government P. R. MALLORY & COMPANY COMMON : By United Press (500-750) Chote oh [email protected] hi N W oe a DY DV: 24 ; expenses i) iy or En. Tinea) Spring's on its way. The sun shines brighter J J \ ; - rood .. [email protected] RE 297, 2 8 | year throug arc . . ik WASHINGTON, March ..—-Cat Common . 6.35@ 9. LR 22 2 | yeas ago: Special Analysis on Request The grass grows greener. The birds sing tle and hog prices will he main- (750-900) Good and choice . 21). Erie " 22% vw oo 2 5 his Year “I $5 oaaSt Year | ) merrier. And NOW Kamm's Bock is here i : oll omm medi : X D7 0 ses . ,394, , . y , , 411 | 0 i tained at present levels and may Uh, eed. 25 | St Northern pfd 2A 51% 2 | Rebeipts .. 3.625.283.3958 3.035.727.926.48 T. P. BURKE 8 COM PANY | !

show further advances this sum- Oows Il Central .. 5%: 3 35% 34'a | peeciv 0 .. 1.769.163.232.59 ready for you to toast the end of winter in

: Good . Devens 8 6 7.50 | K C Sou Sav sh. Bal . 1,731,361,918.82 2,924 291,533.52 INCORPORATED i iis ] mer, the Department of Agriculture | Common and medinm os 50 | Lehigh Valley |. 22% 22 | Bub Debt 34.555.873.233.90 314: Merchants Bank Bldg. INDIANAPOLIS R1-8535 the traditional dark brown brew. BOCK BEER said today. [LOR cutter and ‘cutter - 3 500 | M K & T a 9 5 | Gold Res 11.532.595 865.87 10,175.014.033 51 | Fort, Wave South Bend Terre Monte has made its seasonal appearance for that : nlls, good : - B.30@ 7. 3 32 2 2 Customs ... 330.928669.55 283.811,719.24 Prices of the better grades of Cutter, com. : 6.50 ly ; TE ed ins EE —————————————— ——————————————————— purpose since about the 16th Century. It has

\ . rw > lL LL re TY a vst Y 52% a peculiar smoothness and body that seems

vance somewhat further from the | ,.4 ana ehaiceccP™ Nd N ¥ New Haven 8% t”e Bs : 2 : LE to make the blood run a little faster. Oldpresent relatively high levels, the | Medium 3000 9.50 | Norfolk & West 258 > . Bi :

3 y Ne Pacific / 323 323 x RR ' ] : Department said. Cull and common .. wv 8] X AER = 3 h : Sa > j sters hold it in high regard as something

. id : of a spring tonic. Say “Kamm’s' when Slaughter supplies of cattle and | 0 coo Goh Wha ble 3 6: Dea ing Lialiid y

ey BY a 61 Ot Si calves are expected to continue | Common, medium ; ; SRR -......n y, 3 RR & : ; you ask for Bock —it's too good to miss. * relatively large until pastures be- Feeder and Stocker Cattle ion Fae tant} RE come an important factor in the 1500-300) Goud and choice x 6.75@ 8.75 | Retail Stores—

i . on, i 5.756 6. feed situation late in May or June, | (850-1050) Good" and heer. PR an Allied Stores

it was said Helter: Common. medium 5.75@ 6.75 Assd Dry Goods : . : . The Department forecast higher Good “and ehotee cov. BAS 72s | . i : . { dium 5.25@ 6.25 | » 3 hog prices this summer because of ommon 2nd me @ dmini : a 7 8 : : mi 3 J ; § Srl prospective reduced slaughter dur- | SHEEP AND LAMBS A nistration of Estates : : 4 * / CONTENTS 14 ALD OL.

ing the remainder of a marketing | pambs— Receipts, 800— Complete

year ending Sept. 30 and high feed | Choice .... . eee Wi soar. %0 | Trust Services Prices 2.500 45 : i TT ee Ewes— 4 i 1 § Q 1] be i . , (90-175) Good and choi 5.50@ ©. Std RS IRS 2 he ; : 8 ON THE INTERURBAN Other Livestock ) Good and cholce. 530@ 6.50 ilo a (Bv United Press) | ‘Sheep and lamb quotations on cupped ¢

LAFAYETTE, Ind. March 25, Hogs | basis.) wrket 13 to 25¢ higher: vigs steady: 200-225 bs. $10. Jou 10.25: 220-250 275

. R . vp | J ai! ‘ Ibs. rot 2.95: 101 . E - a when you travel. Go by inter.

30° Toe. S%156 8.50, | We Buy and Sell 4 ; urban and avoid highway haz. s m; Calves, $1 : ’ : Lam hs, 30.25 down. wives, $10 ‘won: . d / 5 ards. You'll save, too, at the

I EI, 0 0 Sa | Scottish Rite Realty Company NTA | round wip fare of 1! cents a ; $10; 375 Preferred Stock 3 Emile. Be safe and save. : KAMM & SCHELLINGER CO. Ths. $8.70: 100-120 lhs.. : : : MISHAWAKA INDIANA } Stags, FL0 welves. HI0; American National Bank 2 mem. Stock

: CITY SECURITIES CORPORATION INDIANA RAILROAD SYSTEM | Savings ng Line n M17 Circle Tower ; Distributed Exclusively by STEELE & SMITH 28 South Minois St. Linen S538 sod 1120 FL LA = Ra fey 1505

415 LEMCKE BLDG.

REAR ee I — A dr n BSE ® Don’t take any chances

CHEAPER SAY “KAMM'S” WHEN YOU CALL FOR BOCK BEER!