Indianapolis Times, Indianapolis, Marion County, 14 October 1937 — Page 27

'PAGTE 28

STOCK PRICES DIP IN LIGHT TRADING; .

COTTON DECLINES

Rail and Steel Issues Feature Market Drop.

'PORKER PRICES GAIN 15 OF NEW YORK, Oct. 14 (U. IN LOCAL YARDS

P.). Stock prices softenad in light trading today, major declines contering in steel and railroad shares. U. S. Steel dropped to 6734, | for 114 decline and Bethle- | hem lost 1% to 58 Among the rails Atchison at 45'c had 3 loss | after selling below 45 while Now York Central was 4 lower at "ay Union Pacific was 1 ower at 95¢ Southern Pacific Jost 8s to 24% futures dropped 7 to 12

Vealers Advance Half Dollar As Choice Kinds Cash At $12.50.

| Cline today cents, according Agricultural Economics was taken by all weights of bare | Tows and guilts, sending the top to $11.25 on choice 210 to 225-pound butchers, Packing sows were fully 25 events higher, bulk clearing from $950 to $10.25. Steers and vearlings again mus= tered good support from both ship- | pers and local Killers as Yeteipts | continued light and dressed beef | prices worked higher. Th a gen-| {erally steady trade,

to the Bureau of

and Cotton points Lotw's came back more than a but other amusement shares pad) Some utilities firmed slightly under lead of Consolidated Fdison. General Motors and Chrys dipped fractionally in light trading while metal shares were irrega- | lar.

Today’ Ss Business

point,

were

S

ler

| shippers at $18, the day's top, while

into the same channels at $17.25,

At a Glance | Other than these, however, little

Du RA, os woek | VAS available above $11, local Killends Oct. 13 bank clearings $4 | OTS taking a part load of medium Wook and 4.636.786 000 VOAT ARO. ) eon 1000~pound steers at the | Bdison Flectric Institute reports | DLC While agi sales ranged week ended Oct. 9 electric output GOWNWArd to 87. Heifers had de- © 980 065000 Kwh vs. 2.275.724.000 | pendable inquiry, mostly no local previous week and 2,169,442000 year | Killer account, at prices steady with ago the week's advance. Most offer Engineering nows-record Yeports | ings were Kinds selling between 37 construction awards this week at | and $9. Cows were rather scarce $34.150.000 vs. $26789000 year ago, | but rather than any Improvement up 28 per cent. | being shown, some interests were CORPORATION NEWS [quoting their purchases at little | Hewitt Rubber Corp. September change from the close last quarter indicated net income $60,951, | Low cutter and cutter oQUAl to 36 cents a tommon share; at $3.75 to $5.90 mostly, some n months, $260968 or $1.55 a ly” individuals down to $3.50. Teeeipts, woarcily of

share Light 1 Co. | voalers and an active shipping demand forced vealar prices up 50

(Del Aug. Slconselidated net income $1.- Conts today. Good to choice brought brought 31250 to $13, with mediums

667.081 wagual to $185 a share on combined Class “A” and Blass “B” mostly $10.50 to $11.50 common vs. $1635053 or $1381 a combined Share ir preceding 12 | months, Marine Midland Cord. September tue: combined net earnings after Texas and including oconstitaent ban ks, trust companies and other af flliated of $%1013689, equal to 17 cents a share vs. $1.050788 84, 18 cents preceding quarter and $1,629. 803 or 18 cents year ago, nine months, $286E57 or 49 cents =a $2,996,088 or 54 cents year

shelme nmisville Gas & Electric aware) twelve months ended

had urgent buying orders for lambs Prices were strong to 25 cents highar. ‘Good to choice awe and wether lambs cashed at $10.75 to $11.50 with mediums generally $875 $9.75. Slaughter were again steady al $4 down, S noGs Bulk 210 55@ 10 90 1080@m 11.15% [email protected]% 1085411125 1120211

50 10 To@ i | 10 85@ 11

4500 : 4500 SNATe VS f!80 Glenn Quarries: cents a share vs 1ts preceding quarter and $339.469 40 in March quarter; nine $1 018839 or $1.17 a share

193% { ad Press

WHEAT PRICES OPEN FRACTIONS HIGHER

Liverpool Futures Firm as Millers Buy.

CHICAGO, Cct. 14 (U. PP). prices followed Liverpool opened fractionally higher 20 Board of Trade. wheat was to corn was to

oats were {<

Martin Co. September | ¢ Profit, $492,532, egal to $186,838 or 21

by n 3% Tol 01 m

(160-180) (180-200

Good and Medium Gobd and Tediam Godd and Gi vod and

cents

antl OtvnaS

chofee.

x} by te | 200-220) { 1220-250 | Heayvweig Rig== 250-290) Goda +390. 350) ood

W Sow ss

choice. choice

choice choice.

and and

- ) Gedd “ hi 5.580) pea tm Si pi RY Pigs 140) Good and Chole. “ Tedium “ CATTLE Receipts, 700 Steers

Choice Good . Magium C omm on

(550-900)

900-1100)

t

Noa {tO-

al and the Chica the start higher

and AW

8.75% 8.50 3 0047 18.00

Le | (1100-1300) » ~ 2 0016.50

& 8g . { Madinm Chaice Good

cent 8 50718 D3 0@ 16.50

4

(1300-1500) Neifers (350-750) Choice Good common . N Good and choice common, medium Cows

AVY poo) firmed Dy millers whit beneficial rains in Today's steady

on renewed buy | ich offset reports the Argen= | opening Was | a desire of traders es effects of another dizzy aS yesterday, when | and then climbed with lightning rapidity Early buving was cautious and mostly from commission house int Corn prices reg 1y light market. There was a disposi- | cull tion to wait until later in the sion before making definite

oil wi HS

(750-800) tine traced to cape the session such prices broke

nt 10 Ww Good common, meds m Low cutter and cutter

Bulls

3.79@

5a

M0@

beef)

com

Gond cutter

. ‘ . 8 mon and medium... $ 6 Vealers Receipts, 600

and ohoifce

esis 12 004 Va ov 10.80% medium 490 Calves (250 500) Good and chojee..' 8 ‘ommon, magdivm. 8 Feeder and Stocker Catlle Steers

ay mwoer | 2 Good al lower in a Ae 12.00 and SeScom- 504012.50 mitmed 506 9.50

(500-800) 800A 10.00 8.00% 800 800@10.¢5 600 8.00 |

Sood an Common (800-1050) Good and Common,

choice medium choice medium

WINNIPEG WHEAT RAT

| Heifers Gond and choice ey Lommon and medium ‘ay @

§00® 150@ 5.00

S06 5.00

CW HEAT

Close

ny ERPOOL

d Common and Jnedium SHEEP AND LAM sd ts 250

WAGON WHEAT rain elevators are paving for No Slv. other grades on thelr merits corn, new No, 2 yellow 8§5¢, ts

Medium common 1 8hoarn Ewes (90-175) * Good and choice... 3 Comiton, medium . 1.

CHICAGH, Ott, 14 U, P) «Hoes , 43.000, including 2500 directs “steady to 10 cents lower; active { $11.10; bulk good and choice, 180-230 hs, $10.85@ 11.05; 150-180 Ibs, $1040@11: mos! Flax November carly sales, 240-300 ibs. 1038611: bulk February, $1.31%, Rees, packing sows, [email protected], Cattle | Receipts, 5000; calves, 1000, Market stead { Yo strong, active, choice to prime [ lings, $18.506719. wmrassy and short fe | steers, $14 down to $8.50; better marke: | gn oulter grade crows, stockers firm | bulls, 10 to 15 cents higher at. ers firm at $12 Ss including 2500 directs. steady, natives, 810.50@ sheen steady to easier, LAFAYETTE, Ina, $ | Hox Market, 10 to 20 cents hi gd hulk, , $10.906211; 295-250 lbs,, $10.90 325 IDS. $10.804110.50; 170- Sn Ibs. 310.000 10 3%. 150-170 ibs. $10,504210.75; 30 150 be. $106210.25; 100- 1% ibs, $9 25 19.75, _Roughs, $9.75 Lown, Calves, $12 down. Lambs ny 50 @ FA. WAYN Oe Hop - Matket, bs,, ibs, Ibs. ihe

Ibs $9.75; stags,

00Q 3.50 YQ 30

Ree Mars

1OD,

« Da

14 (U Wheat February, $1.0 November, 38 581ac, unohanged

P) Grain

BUENOS AIRES, "Dot, | futur Nave Sb:

opened mm uno Ranged; d C of n , Dec embel 8c, up eRATRed;

eel Ret

fg

wh ne | 811

ue

U. S. STATEMENT

w ACHING TON Oct. 14 (U, PP). Gov. ment expenses and reecipts for the cur. through Oct. 12, compared |

fiscal vear A year BER a $11 A § . $3.50424 50. tu

PP.)

Pup ] 98.3 Gold 10.985. $41,500 08 | oday's Pur Total Pure, Inac. Gold... 0 HON 057 0 $1,242,391,509.29 |

INDIAN APOLIS ( cL FARING. HOU SE Clearings 8 Debits

150-180 Ibs : ! y NH 3 130-140 Ibs, $10; 120-130 Ibs.

FOREIGN EXCHANGE 100-120 Ibs, $90.50. Roughs, a

ORK. Oct. J4 (U, P.) Foreign | $8; calves, $12.50; lambs, _So2

NEW wy - aa Cite Rates Net omnes | (CHICAGO PRODUCE

England (pound) 8 9 Eng. 180d DT? $ 3 Eggs Market, steady: fresh * | firsts, Qe; extra firsts, 21lse; current { ceipts, Sotse. cheoks 15¢; dirties, 17o. utter—-Market, unsettied: reccipts, R818 tubs extra firsts (90-91'% score), 2A/w 30! specials, 35%a6r38%e, standards, centralized Se soore), 3%; centralne seore), 31! ~Market,

0000! +0000 V4 ‘a

[ et ized Tirm to easy; receipts dueks, 1661 19¢; Reese, 120; spring chickens, { roosters, !4#15c; broilers, M4 260; | Wrkers 18NSe Leghorn hens, 15c. ) sos | Cheese—Twins, 18m 1%; daisies, is Swap} lage 19sec longhorns, 196190. yors, 804790c; |, Potatoes—Supplies, moderate; demand, Spine | fairly good; market, firm; Idaho Russel Burbanks, $1,406: 1 45; Colorado Red MeClures, $1351.40; North Dakota Rliss Triumphs, $1.15; North oth Cobblers,

804: 95c; Early Ohios, a Minnesota a Anis, » on ‘track, 275; Shipments,

Denmark (krone) Japan (ven)

FOOD “PRIC ‘ES

CHICAGO Oct. 14 Michigan, Melntosh, tatoes--Tennessee, bu Carrots--TIllinois bunches, ach--Illinois, bus. 3 California, lugs California, erates, fornia, hampers, gan, Rat erates CHICAGO, Oct Ib. EE Min valencias, ,

2010

99 we C

19% 80 t

20. \ “Tomatoes Cauliflower $1.95: Peas Calis Celery -Mich-

U. PP). Onions (50+ esota, vellows, 85c; ldaho ashington, whites, 95c.

5c; Wisconsin Ring Whites,

-

A i 41 eS

Operating in contrast with Trech | pork prices which were on the de- | hog prices advanced 15 |

two loads of | | choice 1081-pound bullocks went to |

[a load of 926-pound voarlings went |

week. | cows bulked |

Shippers, as well as local packers, |

to

Receipts | y 4003 |

d | Fea

0 | Gen

50@ 12.39 |

5.00 |

13.00 |

“10.50 |

700@ 8.00 |

8.00 |

graded | Te- |

18% 160; |

THE INDIANAPOLIS TIMES

hE

‘Net High a = Last Chehge |

+

Allts-Chal Amal Leéath Am Br shoe . Am Chain & | Am Chicle Am Com Alc Am Enc Til .. Am & F Pwr Am&F Pwr $7 AMEE Pwr Am Am Am | Am | Am | Am {| Am | Am Am Am Am ¢ Am Woolen Am Zink Anaconda Anchor Cap Andes Cop Armour TH Armour 1 pr df Arnold Const . 8 | Asta Dry Gds.. | Atchison . 4 tl C ine. Atl Refining Atlas Corp Auburn Auto Aviation Corp

WEAN CONT ny QD SRTINIITIOH

B

i .

q Toe, ae wi

The gain |

Budd Wheei ... { Bulova W . Burroughs | Butler Bros Butler Bros » Butte Co Byers A

Cal Packing ... Callahan Zine... Calumet & HW Campbell Wy Canada Drv

Celanese Celotex " | Cent Foundry Cerro de Pasco | Shes Corp Ches & Ohio { Ohi Gt West Ch M BtP & | ChMStPRP pi Ch & Nw Ry Chi Pnew T 1 MRT & PB Bi hi R I& Pe

Ro 39! P

} | | C | Shires | Oh vsler Cleve Graph Br [ Climax Moly Co 35% Coca-Cola 12 | Colgate-P-P Col Fuel & Colum Gas

D Fir »

>

a 1 GY AY

Sam

WATS AD

fe 38 wr yf

choite

“w yA TERE “

CLIN TR 0 OO MBI rrr,

ne » Qo tv pit

yy yy

eller ‘h Sag »

ST SE

“or Kes Ee Ry

oo

C THINS Ww t

yr

Davega Sirs «.. Deere & Co 1D 1ag & W Dist, Spaz Dome ines Dounglas Air

AF swe Ky BOY DEIR yar ~ on »

»

i

Ped Mot Pew Fed Wat 8 A | Ped Dep St

~ a

»

tyr Iny WD EY AN TY BI USE ¥ > » » uw pti yhy WO DET NPN RISE Ee padyrony CHD UPI 0 le 4325 CF Fo » ow

Ayn

©

reept=Sul

Gar Woad hd. . Se n Baking Gen Cable Gren Cigar “ Electric

N og oa or oy PES ed » 2

A as AY a Kp ws NI >

Pd ht BIS NEI &

Pr aw

Ge Rr - ow

a ry SYED pw 8 ZY NETSB

- Ww a eo @& ow a

Cg

VED le ra GF Kit ro CA kl oy SD

| Ge n 3 | Gen Refract Gan TRR | Gillette 8 R.. Gimbel Bros... Adolf Brew

3.3

or pr pots sw Ke

| Gabe] { Lroehe

Pe a

IRS

Ris | bm pi wr Pi

d Grand Grant Git

By \ eyhound Cp 2 3 2 |} yrevhnd 8's pf £ 9

ry »

Holland Fun Hollandr & Son | Houd-Her RB {| Houston on “ Hudson Moter ‘s Hupp Motoy

pe at Frit IIIT vn IIS ie 35 »

PTS

Wall Stree ot Hoping tor La Armament Program, Flynn Says

By JOHN

Y |

. Yesterday

8!

| Leh { heh

LLL 2 LLL LAA LNLAL LLL LAT,

| Paeifi¢

| Pac Rard

| Phillips

| Quaker

Is afeway [8F

| Racony

By Unites Prev,

DOW-JONES STOCK AVERAGES

80 INDUSTRIALS "| Yesterday | Week =go 4 | Month ago Year ago High 1937, High 1936,

“104. 10; Tow, 138.20, 1R4.90 ; Tow, T4891. 20 RAILROADS

| Week ago Month ago Year ago Hivh 1987 High 19386,

84.96; Tow, 85.9%, 50.89; Tow. 10.68, 20 UTHAITYES

Yesterday | Week ago | Month ago Year ago High 1987, Wich 1988,

w 54: Yow, 21.59. 86.08; Tow, 2868, 70 STOCKS

| Yesterday [ Week ago

us | s | MORTh AFD vivian a

Year ago Hitch 193% Hizh 1936,

#0 wr 66.3%;

Tow, 46.98, Tow, 51.20,

| | Hich Tow

. 10% . 28 2

| {| IH Central | Ind Rayon | Inland Stl

| Thspivatn Cop ter RUD +...

10 18!

maveg Sty

5 ay

\ Val &

RR . a Fink raer Stirs . Li By Mek lL L-O-F Glass

| Ligg & My

Lima 1.0¢o k Belt

Long Bell

at RH

Meri Groty reGraw H

| Me Kees

‘ B B 3

Poo

1

Dp

4 2 >

Norwalk T

Ohta Oil Oliver Farm Omnibus

bag Co ‘

| Pae aq

Pq

Am Fi GX Wl Ite

Mills

nh

Pacific

am! Pi pa Pic 2 pi

Park Utan

Patino Mines

Peerless D Cem Mend R R Pere Marguette Pet Corp Am Preiffer-Brew Phalps Dodg Phila Read Pe!

Pieree © nt tts Be

o

| Proetn

Pub Ser 5 Pub Sel

| Pullman

Pure QO Purity

s St

Radio Yadio

-K Or

Renita 8 | Revere Cop .. Revi Spring Richfield ©

pad | ] Fran oi Say Rs Ar | Schenlay Dist

Tos

nl. R heButX . Serve] Ing

Sharp & D .. 3

| Rhattuek { Shell Un O | Simman: | Simms Pei

Rielly Smith

Oil A © Vae Solvay In nf

Oop SC

T. FLYNN

Times Speoial Writer

NEW YORK, Oct. 14. Wall Street has been

the possibility of a new, grandiose a:

is what it deduced from the Presiden armament program means busy steel mills, busy

chemical indutries, busy shipyards It is a little strange in view of | the fact that what has been hap- | pening in China represents almost | a complete collapse of the favorite

~ | argument of the “arms for defense”

{ militarists in this country, [ Most Americans agree in normal times that this country should never

| Wealth,

| numbers of men in a highly pacific |

excitedly talking about mament program in America. That t's address. To Wall Street a great munition plants, busy

S

and so on, It means, in short, business.

=

large force which has only to march | across the border to be In CHina. {China has no navy. She has nol She has no resources for! She has only numbers. but.

war,

NEW YORK STOCKS

Neat Last Ohanie | Waldorf Svs

| Un Oil Cal | Tr Ait

» | United

|e m Gold ... =59 | Fe 050 | +190 | §

i

E 3

#5

i ith uth

FER ra

BION ee 1)

ed ADS AIRS ~

~TEINCIDE OB BENE Br

yo oa

iE dprdenddomd or dacd

[HE] [44 4

i

9

| Stew-War | Btohe & Web . | Btudebaker Bunrhine Superior pwift & Swift Intl Syming-Gould

o

ASD

po EATS Jr PTI MESO DO.

[4++468

— OT INIT Ja N oe Sara F#1

aa

in Qil

Co...

#41:

Texas Corp

| Va-Car |

Viek Chem

6 of...

Walker (H) vi. Tide W A Oil "la af fmk-D Ax | Transamerica ns & Wat ont Cont

Air

Tr pt Union B & P Union Carb Un Afroraft Op 2 Lines Uh Biscuit United Cot

Cp pf

{ United Drug

(XU Bu

“u | NY Ys | Wa alWorth

|

[Yovterday

| 193% Yow

i

[ Un Un

. | am

| }

|

% Gen

| | | |

{ Interstate Tel

| |

+ | launch any expeditions against other | | state and without an air force and |

| countries, But a large number of | | people who believe that feel strongly that we should be heavily armed | against the threat of attack on us | by other countries, I have asked a number of men who hold this view ‘where they thought such an attack might come from, Certainly Germany could never send an army here and neither could Italy or "Russia. England might conceivably attempt it, but no sane man thinks England would ever do such a thing. The same thing is true of Frahve. Besides we

very little military equipment.

Japan over-rated her power as much as we did, Mr, Nathaniel Peffer, who has heen over a year in the East and is a foremost authority on its life and affairs, says that in Tokyo at a dinner with Japanese military officials they told him when the war started it ‘would be over Some time in October, Now they think they may be able to end it in a year, He thinks it will take at loast a year or two and he reports, | x with entire soundness, that that

have no quarrel with England or| | France and it is not possible to think | | of one that would lead these nations to try an invasion of America. The idea is fantastic, The only answer I have ever heen |able to get from armament apolo- | pists is that it would be possible and | |is even thinkable that Japan might | |one day send a force to our shores, In view of what has happened in | | China certainly that can no longer Ibe entertained by even the most, | timor ous citizen, China is just across the bay from Japan. Indeed at China's northern boundary Japan holds Manchuria ;

year's effort will probably exhaust Japan economically. What becomes of this nation will not across a vastest ocean,

the fear that send a vast army, bay, but across not to poor, feeble China, but to the richest and most powerful nation economically and materially in the world? Yet the episode has not discour- |. aged the armament defenders, They now begin to think we must have more armaments, not to defend our coasts and towns, but to unite with other nations to police the world, And Wall Street-—or at least a por= tion of it-~thinks something like this ‘ais imminent,

the |

| i

|

Re 1 {7

| Cong d A 3

Tn El Coal United Fruit Un Gas U8 Fre Sl

Ward Bak B.... Warren Br Warren °F & P.. Bet, 4a “v West Pac pro... West Union West Afr Bke.. Wasting Bl Wheel Stes] I Tee

12% 43

3

Zonite

N. Y. Bonds

By United Dyess BOND PRICE INDEXES 20 Util 5.7 0% 4 "Mn 108.1 100.3% 1m"%a 8.3 106.2 1038.5 1038 0.3

a0 Bondx R69 ®R.5 ns 09% £0 3 100% 84.9 | 00.2 03.3 3a R30

x CO)

206 dos UR]

0 Rails Re %23 [fs Ss 100.2

Week ago Month age Year age 2 Years age 3 193% hich 101.2 RH m0 | 8.4 AR

1938 high 1938 low 1985 high 1985 low

(Copyright, 19

NEW YORK Pr Pond: hen One 105% 8

Chane Re 1

4x pey

Avusiial Can Pac Chi M nt G Int Te Mo Pac 4 Postal T Sop

A 5 No &

4 Vn 4), 83% baa 14

44

1, Bs ror 6: 81

Gur b Stocks

Pa

Wat ‘nel

Oct 14 VU

NEW YORK

stoeks ophenad firm

| Cora corp | El B & Bh Niag H P Pantepec Ou Aad 4 16alor

Lar A

INVES STING 00.8 Bid JARkineni, Seetuifies 14d ua. |

322 ? Ask | 1800 18.95 Bx GF 128 1.9 79 RB Ms Rank 1.22 1 Sol 480 B.D " RNa Corps. Bang EY 6.80

8 50 3.50, 1st 15.09 ne 10 4 0 2 21 12

0

{

X 47 81 : $s 4 a) 3 a

AMerex

1% 9 | | il 40 |

»n = I

ses i ATG

Br PGI DG «Fd

pl 3 DW «Tw

Comw_Iny

Cont Shts | ® Ix Shs 2.

® ad DCG © TUS wos PP rs

VOY I Grr CT EI CY iff

BS CORIO «

| plant

[ upon

Fy 3 80

Gen Cap 3 Hh 3 my

| Grown securities Agri 1.4 Alto 3lde Chem Food

Rg

TY Ruron Cp 1'f nd ne Inve Us L&P J

Well ™

CR TIS.

{Ry Indianapolis Bond & Share Corp.) The following quotations do not repre. gent actual bids or offerings but merely indicate the approximate market level based on buving and welling inguiries or Yecent transactions, BONDS

Citz Tad Tel (TH) 4'ix 8) i Tel & Tol Ft W 5'ss 85 H Tel & Tel Ft W 8s a3 Ind Assg Tel 41:5 85 Indiana Tel Co 5: 60 Ind Rallwavs Ine 8s 6% | & Tel lbs MM Indpls Water Co 3'cs 68 Kokomo Water Works oo ‘88 Morris 8&10 Stores 8z 80 Miunhele Water Works Bs 85 Noblesville H L & P 6s 47 i Ohio Tel Rerv 6s 47 Pub Tel 6lus 85 Nd Richinong W W 8s 37 . Water A 5s 49 ce & LS I'H Va ter Wor ks a 9 .. Trao Term Co 8s 8%

17.81 10.15

3

vi 3 14 Yo 13

Ria 001, 0345

Ark

1

-

- -

DDRII

RN a = - -

&

A pt tt pt i pil fps th

BIT PDOID DY TDN Tle TVD WIS

R St Yds com .. elt RR St Yds Cent Ind Power Home T&T Ft W Ts Took Drug Ino: com nd Mich EB

“ail «+108 aro ire © com “ Bhd a 8 Cx Oo Sopa 1 Ei

ln Nod Lite Ps Co tom.

TE WE Lh it

Ah Serv of ub Serv of Sta rogress Laundr Co com hs ‘ ub Serv of Ind pid Ts

elt

ya -

shy Sor v

ou

03 Be oe I ett wT TY TY Bi

© BUS LINES GIVEN

New York Town Is First

fafety | tional

i busses

| Award

BOY FOUND IN STORE

{ ON

| a shoe

VCS td ll FY DY et By EO

Smith Alsop PV pia |mith Alsop P&V com Terre Haute Elec Co 8s Union Title Co com La Van Camp Milk Co nfd . 48 Van Camp Milk Co com 1 By M, P. Crist & Oo.) xMarket Si Anvesting Corp 25.01 XEx- Bividen

ww

ww

AS

lS Ray s F

Colonial

Savings & Loan Association

No Precedence When They Laug

h

:

Ip)

. | Issued to outstate

>

& —

It was one of Phillipine President Manuel L. Quezon's stories, and not the MeNutt edict on precedence in official toasts, which ceaused both Quezon (eft) and Paul V. MeNutt, U, 8S. High Commissioner to the islands, to break forth in the hearty laugh shown in this picture. The visit was President Quezon's offic ial call on Commissioner McNutt,

ANNOUNCE ITINERARY |

| | | 14 (U.P) =

SAFETY AWARDS sssoscron o | The State Depsttment today ans | houneed the itinerary of Secretary in and Mrs, Cordell Hull's journey to week. leave Washington for | 19, and arrive Oct. 20, will be guests of Gov= | Lady Tweeds=

Canada next . |

Large Cities Division; | They will

World Record Set. | “ave Of { The Hulk | enor General and The Bing= , won the first national award presented by the Na= Association of Motor Bus Opcrators, it was announced today as the Association mel in annual con vention,

The

CHICAGO, Oct. 14 (U. P). Triple I'raction Corp, hamton,

muir cities On Oct

N.Y

will take arriving

21, the Hulls the night train to Toronto, there the next morning. Hull will | deliver a speech at Toronto Uni= versity. They will leave Toronto at 6 p. m., Oct. 22, arriving in Wash= ington at 8'4 0a. m.,, Ort, 23

FEAR PLOT AGAINST HOLLYWOOD STARS

award was given for operating the most miles per accident of all city bus Hines in cities 100,000 population or more Other awards nitheastern Lexington, RK) award tereit bus lines rating busses with an average of miles per accident Pennsylvania Gréevhound, Cleves | O.=TFirst for companies opers | ating in the North and East with an average of 114.892 miles per aceiaent.

Ol

Lines, | for in over 50 | 155,168

Grevhound First \ ope

Guns Are Found,

1414 ahd

U.P.)

HOLLYWOOD, Oct. 14

and a girl, caught

World Record Made Mexie 0 Transportation Co, N. M-=Firs{ for intercity lines operating from 11 to B80 with an average of 38753489 | miles per accident, a world Yecord. phone Interstate Power Co. Dubuque, 1. | First for eity bus lines operating 11 or more busses in cities with pop= | ulation of 100.000 or les: Averaged 117.164 miles per accident. Foster Bus Line, Lansing, Mich for companies operating | busses that did not have a single | accident. Mileage total was 109.786. Elliott Transportation Co. Fergus Palls, Minn-—Award for no accis | dents in 7086 miles, Danford Bus Lines, Rags==For no accidents miles,

Two voung men ortment of guns a nhotehook listing the addresses tele of movie for in=-

New and

Roswe

bus

with an as

daggers and confidential numbers

held

and 50

notables, were today

vestigation The | Marion M | Josephine Helen in an automobile was stolen

Tn their hotel rooms, police found

Arthur D. Savage, 23; Knshloek 20, Mandel, 17,

that police

iro

were raid

movie stars, including Clark Gable, Joan and nett, Grace Moore, Bing Croshy, Wallace Beery, Charles Chaplin, John Barrymore, Claudette Colbert, | Ann Harding and Myrna Loy Police had not learned where { they got the confidential [tion or what thev intended doing with it. They hooked the two msn on suspicion of robbery. The girl wag held in Juvenile Hall, In the collection of weapons were {a pistol, a rifle, a l4=ineh brass knuckles, a dagger fazhioned from an ice piek, and another pistol that was hidden inside a trick book | =a copy of Washington Irving's “Adventures which had

many

Jarden Oity, | in 36450

RI TR

BENDIX 00. HEARS UNION PROPOSALS

SOUTH BEND, | Bendix Products Co. officials | representatives of Bendix Local 9 United Automobile Workers of America, mel today to considet union demands for a new bargains ing agreement and general wage in creases, Recently union employees at the voted the union's executive |

AP tte hority t all st ike | Committe auorite emi w strike | INDIANA WIRE FREED IN HUSBAND

meet the demands, Outeome of the | present conference, which is xs | AUBURN, Oct Margaret Parks,

Oct. 14 (U. P)

amd

been hollowed out,

[ peoted to continne for several davs, will determine use

14 61,

1]. P.).

of the strike vote, | Waterlao,

union Jeaders said. | w { | Dekalb County jury of a man [ laughter charge in connection With | the slaying of her husband, Bert, last Aug 4, Mrs. Parks, who testified that husband drank excessively, was ae | cus wd of shooting him during an argument over his reported friends store at 1430 Northwestern | ghip with a young relative, She also Ave. The youth pretended he had | told the jurors her gone to sleep on a counter, accords Ito provide for her and kept ing to police, arms about the house,

——

IS MELD AS BURGLAR

A 16- year-old Boy was held today |

a burglary charge after polioc safd they found him last night in|

fires

a “Fletcher Avenue’ VARIABLE INTEREST

HOME LOAN

Lower interest rates are possible, depending upon type and location of your property,

you ‘will ‘enje clote persona

(

Date »f Investment

10 E. MARKET ST, MEMBER FEDERAL WOMR LOAN

| |

| |

= | ®¥ONn pointed

FOR SECRETARY HULL es

‘Private Phone Numbers and vuyine

and |

[ the small arsenal and the notes on |

Constance Bens. |

knife, |

of Captain Bonneville,” |

her |

husband failed | from the cage

“Uf we will buy our

OWN HOME

my answer is ‘YES "”

SHE knows that NOW is the time %o insure the owning of their own home, Later other things may interfere with its purchase, Fletcher Avenue offers VARIABLE interest rates: the privilege of paying your loan in FULL at ANY TIME without penalty or further interest charges .-, , ‘Wnd the courteous, prompt services and contact ‘assured by having your loan headquarters HERE AT HOME,

Alo you save the expense of FEES tor mortgage, in. surance and service charges,

Money Invested In Fletelher Avent Shares Participates In Dividends Declared From

Fletcher Ave. Sav. & Loan Assn.

the Heart of the Business District

THURSDAY, OCT, 14,1937

LICENSE RULING ‘MAY BE IGNORED || INLAKE COUNTY

Clerk's Aids Say They Will | Continue to Sell Mar- | riage Permits.

|

1,

CROWN POINT, Tnd =Despite an ‘opinion | Thdiana Attorney ance of Marriage state couples violates Indiana law, | the Dake County Clerk's office today | indicated it would continue to carry l'on its Mariage business | Prosecutor Fred A. Bean. backed [ By unofficial opinion from Atterfey [General Omer Stokes Jackson | Yeady to bring civil and | action against George W. Bweigars, | sake County Clerk, if licenses couples, it

Oct

from

14 « tha

General that jssus

licenses to auts

<

criminag

ars was reported “We will continue | riage licenses Indiana

fo fsime in Crown Point statutes as we for the past 40 vears,” l Olerk's office waid.

Cites Previows Opinions

mar unde have done the Count

Deputy Clerk Walter | previous

Mvbeek said Indi uphel

frém other generals

opinion: ana | ' {legality

attomey had

of the issuance of out-stat: licenses, In a letter to Mr. Bean. Mr. Jack out that an 1852 law requires issuance of a license in tha {county im which the woman lives. That law provides, also, that clerks ng its provisions are subject 0 any fine directed by a jury. | Under the Lake County marriages trade, thousands of dollars poar into the elerk’s office sach wonth. An | average of 1900 marriage licenses | have been jsued each month | ast July, wag disclosed

BUYING POWER SEEN BUSINESS BULWARK

With Credit Abundant, Agency Sees No Slump,

since it

im nl BOSTON, Oct mixed

Shee 3 n

A continuation

[of trends business news: | we as reported by the United Business | Service in its current weekly yeport Production of new models has been automobile manufaes still

A drop to 86 per cent of

stepped up by

turers, but caution governs

feapacily in xteel operations, reflects a general lack of confidence holding | hae k orders for producers’ goods | cording to the report. New financing in Veptember was cent below August and at a new since 1934 Boll retail | however, have lover a veal Materially while

Ace capital 25 per low

and wholesale (rade, imnereased and gains ago are being widened, higher farm incomes, factory pavrolls have risen 24 per cent in the past vear Thus, the veport states, while sharp des elines in the stock market will have effect on sales of high=priced mers chandise, holiday trade probably will hot be prevented from being the hest since 1920 | With consumer buving power at [the highest level in eight years and with credit plentiful and cheap, the {service concludes that there appears tittle possibility that the present stage of hesitation will develap into a major business decline in the ims | mediate future

are

informas= |

TAR BLAST FATAL TO RENSSELAER WOMAN

RENSSELAER P) { Mrs. Cletus Kohley | home near here burns suffered when a hueket of tarp she and her husband were heating to repair a barn roof exploded Their 12-room residence was des stroved by the blaze, The husband | exoaped with slight burns about the | face and hands

Oct, 14 U 40. died at her

last night from

|

S DEATH iNER'S DEATH DUE

Mix as | ree today after being acquitted by a |

TO FALL FROM CAGE

4 Q&) Pes death of Eds

EVANSVILLE, Ocf nvestigation of the [ward Corn, a miner, showed he was [killed in a fall from a mine eage while on hig way to the surface to [Yeeeive treatment for an injury, Coroner Jacob Reisinger said today, Coroner Reisinger revealed that Corn apparently fainted and fell He previously had | been caught between two ears in the mine and injured his leg

Billy oT