Indianapolis Times, Indianapolis, Marion County, 2 November 1937 — Page 14
at
TUESDAY, NOV. 2, 1937
BLACK BLIZZARD SWEEPS ON TEXAS TOWN
The nation’s great Southwestern plains once were a fertile area of waving grain and But that was before 1931 when six years of drought started plaguing the section and merciless black blizzards such as the one in the above picture, started raging, Notice how high and black are the clouds of
grassland.
sweeping out crops and burying pastures, fine, black dust.
‘U.S. Owned by 60 Rich Families,” Writer States Blames Them for Crash
Rockefellers Put at Head of List by Ferdinand Lundberg ; New Deal Held Unsuccessful in Checking ‘Clans of Wealth.’
NEW YORK, Nov. 2 (U. P.).—Sixty families who “own and dominate the United States are listed and the ramifications of their activities in the various fields of human endeavor discussed at length in a book published today by Ferdinand Lundberg, former Wall Street financial writer, At the outset Mr. Lundberg i in “America’s Sixty Families,” published by Vanguard Press: “The United States is owned andl | dominated today by a hierarchy of 60 of the richest families, buttressed by no more than 90 families of lesser wealth. Under their acquisitive fingers and in their possession the 60 families hold the richest nation ever fashioned in the workshop of history.” Mr. Lundberg lists the 60 families, the number of tax returns in each, the primary source of wealth, aggregate 1924 tax, approximate net aggregate income taxed, net aggregate fortune taxed, gross adjusted fortune and maximum estimated fortune.
Porker Prices Drop 10 Cents To $9.70 Top
Hue prices suv 10 cents locally
lin the market circle, according to| the Bureau of Agricultural Economics, Rockefellers Head List choice 160-t0o-180-pound weights The Rockefellers head the list | Extreme top was $9.80 on forty head with a maximum estimated fortune | of 172-pound weights. of $2,500,000,000, followed by the | Packing sows weakened, especially “Moran inner group,” Fords, Hark- |on the higher priced kinds. The nesses, Mellons, Vanderbilts, Whit- | practical limit was $9 as bulk sows
neys, Standard Oil Group, Du Ponts | with weight sold from $8.25 to $8.75. There was general improvement
and McCormicks, on down to No. | in most classes of Killing cattle. A
60, S. S. Kresge. : Of the depression the writer says: | relative large share of the run of “ . 1 e bool steers ruled strong and in instances The THHIONS Sjecu ative were 25 cents higher than last week. that collapsed in 1929 was engi- | All she stock were 25 cents higher. neered, from the first to last by
: | Prices in the bull division wer - the wealthy families, and for their un
| changed. personal account. At every stage | of the game it was the richest, the | most respectable, the most publi- | cizied, and the most influential persons who were the prime movers | in unloading inflated securities upon a deluded public. None of the truly rich came to grief.” Leading up to the climactic final chapter on the New Deal, Mr. Lund- | berg writes that: “Nothing would be more gratifying than to be able to say at this
the result of the relatively low po- | sition held vesterday following ad- | vances at nearby centers. Good to | choice offerings cleared at $11 to
| $10.
| count sent native lamb prices up 50 | | cents today. Good to choice offer- | | ings made $10.50 to $11, a load of | 89-pound fed Westerns going at £10.75. in s ies was juncture that the swashbuckling |joaq > fe. a Administration of Frankiin D. scaling 113 pounds at $9.25. Medium Roosevelt, with all its war cries | fleshed native lambs bulked at, $9 to against ‘the money changers in the | | $10 with common throwouts mostly temple,’ the ‘economic royalists,’ |g7 to $8. Slaughter ewes were unand the ‘gold-plated anarchists,’ | changed at $2 to $3.50. had succeeded in placing a check- | rein and halter on the restless, pow- | erful, self-centered clans of great | Oct. wealth. But such a conclusion would | 35. not, unfortunately, be justified by | 2s. the facts.” 30;
Philanthropy ‘Labyrinth’ Tow Mr. Lundberg
HOGS Receipts
9 45 Ligh Lights — (140-160) Good and Medium Light weights — (160-180) Good and Medium (180-200) Good and Medium . (220-250) Good (250-2903 Good Heavvweights—
Of philanthropy writes: “The field of contemporary philanthropy, or noncommercial investment, is a labyrinth of mirrors, flashing lights, fitful shadows, and persuasive ballyhoo. One can be sure of little in this maze, for every- 1250-290) Good thing superficially perceptible is an | p,m Soret illusion multiplied to infinity. The | (275-300) Good N (350-425) Good “a rich grow richer and more power- (495-550) Good o ful by the practice of philanthropy Se Medium —as it is loosely defined. (100-140) Good and choice. . : “In no other sphere (than educa- edium : tion) of pseudo-philanthropic ac- | CATTLE tivity is it more apparent that the —Receipts, 1400— rich, in escaping taxation by the [email protected] expedient of creating tax-immune endowments, are merely transferring the monev from one of their many capacious pockets to another.” And, listing many specific instances of diversion among the wealthy, he says: “Judged by the way they squander money on vapid personal amusement and bizarre decoration, the rich are a psycopathic class, waltzing obliviously toward a hidden precipice and, apparently, dragging the nation along.”
INVESTING CO.’S
Bid Ask 12 at 13 43 Invest. 9 5.29, Banc Bl B84 1st Bos 13. 77 Schoellkp 1.25 84 Inv Fd C_ 10.5
choice... “choice. .
choice... choice. .
choice . choice. .
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(550-900)
(900-1100)
a =
23225333558
(1100-1800) Choic Good
Yk ok pk pk fk pk pk ek Yt IDO ms ON
(1300-1500) Good
(550-750) [email protected] Common . 5.25@ 9.75 Good and choice. . . » 50m Common, medium . 5.50@ 10.00
(750-800)
50 .00 75
Common, medium el Low cutter and cutter
Good (beef) . Cutter, common and medium. Vealers — Receipts, Good and choice Medium Cu!l and medium Calves Sood and choice... [email protected] mmon, medium 500@ 7.50 ore and Stocker Cattle Steers (500-800) Soo | and choice on. medium
(800-1050) Good and choice . Common, medium.
Ask Adm 3d Afl Fd Am Bus Am Gen Am Ins Std Oil Bas Ind Bos Fd Brit Type Broad St Bull Fd Can Inv Cent Tr comnw Inv Cp Tr Shrs ” AA
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| Heifers — Good and choice Common and medium
Oa oaosa
=. Go a3 93 33 won 3a
— AND LAMBS —Receipts, 1800—
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1 9,
Ins Fix Tr * B Found Fund Inv Fd Tr A 'B Gen Can
Gen Inv Group Secu Agri
hor (90- 175) Good and choice. . Common. medium.
Nov. 2 P.) .—Hogs—Reeluding Cisco directs, marpacking sows, 10
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0 Sel Am Inc ond 16.73 | 84 Sel Inc 423 . | 48 ge y Trask 45 Sh Util 05 Sup Cp A 46 "RB
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CHICAGO, ceipts, 15,000,
ket, 5 to 10 ig higher, to 15 cents up. top, 5, bulk good and choice 150-180 os $9. $56 60; 190-235 Ibs. $9.45 9.60; 240-300 Ibs., $9.15 9.60 a ing sows, [email protected]; lightweight, $8. 652.75. Cattle-—Receipts, 6500; calves, 1500; s!eer and vearling market slow with higher ask- | ing prices: best fed steess, $18.75. some | | higher; bulk, $9.50@15; all she-stock, to 15 cents higher; bulls shering edvance | and vealers strong: cutter cows, $4.75 down: sausage bulls, $6 65; vealers, $11. Sheep- -Receipts, 7000; no directs; fat lambs, active; bids and sales strong to 3100 Sones ST: nighen Sy choice | natives, @ sheep, steady, native 1400 15.40 ewes, 35 @4. ¥
73 80 15.38 16.19 | 56 60
© DWF EIR DONODO IDB WITRIBR RDI pons
= on
obILIY owes
31'Sup new £ Be Tr St Inv C D - id 51 Tr Rx Oil A 6.5] 8 Tha 18.73 55 LAP A1] 188
17 Securities Ltd.: 1.36,
pk
I ntl. 2 133 ; T Bs well ‘Pa
or ART SS SOE
Vealers gained 50 cents largely as |
| $11.50, with medium mostly $9 to |
Broad demand on local killer ac- |
| Oklahoma,
when this picture was taken.
was left as a protection against winds.
U. S. Crop Loan Announcement MARITIME BODY | ‘Scientific’ Corn Is to Get Sends Corn Futures Up Sharply
BANKS REPORT LOANS DECLINE IN PAST WEEK
Government Bond Holdings Increase 37 Million Dollars.
WASHINGTON, Nov. 2 (U. P).— Federal Reserve member banks In 101 leading cities today reported a decline of $57,000,000 in commercial, industrial and agricultural loans and an increase of $37.000.000 in U. S. bond holdings in the week ended Oct. 2%. Loans to brokers and dealers in securities fell $163,000.000 while deposits credited to domestic banks were off $142,000,000. Deposits credited to foreign banks eased $25.000.000 and Government deposits dipped $37,000,000. At New York City commercial, industrial and agricultural loans declined $38.000.000, loans to brokers
[loans to banks declined "$11,000, 000. Holdingse of United States Government direct obligations increased
Bulk top dipped to $9.70 on | $50,000,000.
OIL OUTPUT DROPS SLIGHTLY IN WEEK
Texas Production Increases 3000 Barrels Per Day.
TULSA, duction
Nov. 2 (U. P.).—0il proin the United States
| dropped from 3.622.798 to 3.616,992
barrels daily during the week of Oct. 30, a decrease of 5806 barrels, the Oil & Gas Journal said today. Texas increased in excess of 3000 barrels to 1.473,792 barrels daily. Oklahoma was down nearly the
| same amount to 586,725. Kansas was
nearly stationary at 186.600. Louisiana showed a small decrease with an average of 244,015 barrels daily. Arkansas was up from 46,955 to 48.641 barrels.
Daily average production in all fields compared with the preivous week : Oct. 30 Qklah eave, Louisiana California Kansas Arkansas . . pase Fields
Cesarean.
84.2
616,092 3.622.798 5806 barrels.
FOOD PRICES
CHICAGO. Nov. 2 (U. P.).—Apples— Michigan, McIntosh, [email protected]. Sweet potahampers, 75@85¢.
toes—Tennessee, bushel bunches, 1'2@2'%¢c. Spin-
Carrots—Illinois, ach-—TIllinois, bushel, 35@75¢c. Tomatoes— California, lugs, [email protected], Cauliflower— Oregon, crates, $125@140. Peas—California, hampers, [email protected]. Celerv—Michigan, square crates, 40@%75¢c., Onions 430Ih. sacks): Minnesota, vellows, $1.02! Towa, vellows, $1. Washington. Valencias, [email protected]. Idaho, Valencias (100-1b, sacks), £1.607 1.65.
Rocky Mountain Area. 70
Total U. 8. .. "te 3.6 Daily average decrease
WASHINGTON, Nov. Washington only a
cession and the stock market crash have hit the Administration a broadside blow. And the first result has been to accentuate the division of counsel among the various commissions and groups which administer the New Deal. The whole disturbance centers around the bewilderment respecting the widely advertised and obviously flat capital markets. For six months it. has been apparent that capital was not moving into business. And as the summer departed there was a general realization by business and by Washington that there was trouble in the wind. Business—or rather the highly organized and vocal part of it which centers in Wall Street—has been making use of the crisis to drive through its pet projects. And it has been making notable advances. Those pet projects are (1) reduction of stock margins; (2) relaxation of the curbs on the trading of corporation executives; (3) repeal of the capital-gains tax; (4) repeal of the corporation undistributed-sur-plus tax; (5) a halt on the extension of TVA projects, and (6) a milder policy with reference to the Utility Holding Company Act. Balancing the budget might be included in this; but as a matter of
{
[
fact business, particularly Wall Street, is getting jittery about balancing the budget, realizing that this, without. a corresponding rise in private credit, will mean deflation
10 land & possible general collapse.
There is a powerful group of advisers close to the President who favor granting most if not all of these requests. Of course, there are the earnest
| T R Water Works 5¢ 56
| Cent Ind Pwr
New Deal Is Perplexed Since Stock Market Crash, Flynn Says
By JOHN T. FLYNN Times Special Writer 2.—The cocksureness of the New Deal here in year ago as it was riding to the great victory at the polls in November seem to have filtered out of the Capitol. perplexity and, in places, of gloom, has succeeded it. The fact is that the business re- «
CHICAGO, Nov. 2 (U. P.).
corn loan today pushed corn futures sharply
Board of Trade. At the end of the first was “s to 14 cents lower, were unchanged to s cent higher, Corn opened x to 3s cent lower. but on news that the Government would officially announce a halfdollar corn loan within a few days the crop began a good recovery in all futures. Buying was brisk and all interests were engaged in the trade. Heavy receipts, 294 cars, failed to dampen the bullish enthusiasm over the crop loan news. Wheat displayed persistent weakness even in the face of the bull movement in corn. There was small rallying power in the leading cereal, but not enough to erase early losses. Wheat receipts were five cars.
LIVERPOOL WHEAT
High ow ..$1.2914 $1 Ws vw 123% 1.22% . 1.22% 1.21%
Prev Close Close $1 28 Ya $1.30 1.22!
2 1.24% 1.21% 1.23%
WAGON WHEAT City grain elevators are paying for No. 2 red, 89c; other grades on their merits. Cash corn, new No. 2 47c. Oats,
Te. LLOCAL ISSUES
(By Indianapolis Bond & Share Corp.)
The following quotations do not represent actual bids or offerings but merely indicate the approximate market level based on buying and selling inquiries or recent transactions.
BONDS
Citz Tnd Tel (TH) 4'>s 6.... H Tel & Tel Ft W 5'28 55..... H Tel & Tel Pt W 6s 43...... Ind Asso Tel 4's 65....v.000. : Indiana Tel Co 5s 60 98 Ind Railway Inc 5s 6 Interstate Tel & go Indpls Water Co 3': 1 Kokomo Water Works 5s 58. Morris 5&10 Stores 5s 50 2.108 Muncie Water Works 5s 65... Noblesville H D & P 6'2s 47... Ohio rs Sery “i , i SENCRN . Pub T 28 iris w w Bs 57. Seymour Water Co 5s 49 TR Trac & L 5s 44
yellow,
T H Water Works 6s 49 Trac Term Co 5s 57 ewe STOCKS
Belt RR St Yds com
Belt RR St
Home T&T Ft Home T&T Ft Hook Drug Inc com Ind & M Ind Gen Ind Hydro Elec com 7 Indpls Gas Co com Indpls Pwr & Lt pfd "5s Judipls Pwr & Lt § Indpls Water Co pfd 5s. Lincoln Natl Life Ins Co com. Mallory com . . 11 N Ind Pub Serv Co pfd 5148. . N Ind Pub Serv Co pfd T7s.... 7 Pub Serv of Ind pfd 6s....... Pub Serv of Ind pfd Ts .. . Progress Laundry Co com os Smith Alsop P&V pfd . Smith Alsop P&V COM. ~~ Terre Haute Elec Co 6s. Union Title Co com Van Camp Milk Co ‘pid. Van Camp Milk Co com (By M. P. Crist
Market St Tnvesting Corp.....
INDIANA LIVESTOCK
FT. WAYNE, Nov. 2 (U. P.).—Hogs— Market, 5 cents lower 160-180 1bs., $9.55; 180-200 Tbs., 225 Ibs. $9.35; 225-250 lbs. $9.25; 1bs., $9.15: 275-300 lbs.. $9.05; 300-350 Ibs. $8.95: 150-160 Ibs.. $9.45; 140-150 lbs., $9.20; . $9.05; 120-13 lbs., $8.90: 100- . roughs, $7.75; stags, $6.50; calves, $11. 50; lambs, $9.50.
LAFAYETTE. Nov. 2 (0, P.).—HogsMarket, 10 cents lower; bulk 170-200 Ibs, $9.50@ 9.60: 200-250 Ibs. $9.30/@ 9.40; 250325 1bs., [email protected]; 150-170 1bs., $9.25 9.50. 130-150 Ibs., $8.75@9; 100-130 Ibs, $8@8. 50; roughs. $8. 25 down. Calves, $10.50 @11. Lambs, $10 down.
An air of
New Dealers who stoutly resist any concessions, but they seem to be very much on the outside of the President's counsels, Already the big concession on margins has been made. This was | done with great secrecy so as to! prevent any of the liberal groups | near the President from even hearing about it until it was too late. Now reports are that the capitalgains tax and the corporation surplus tax are to be greatly modified. At the same time the most powerful pressure is beiag brought to bear to permit insiders to trade in their own stocks. The conservatives see that the President is in a frightened | mood and is in a state of mind for concessions, and they are pressing the advantage. Among conservative elements a large and influential section believe that the business turn has completely changed the whole situation and put into their hands a golden opportunity to get the President's ear and his good will. From al! this it is now perfectly clear that the struggle to the death within the Administration between the staunch New Dealers and the pragmatic politicians and businessmen has definitely begun.
Aluminum
POSTURE CHAIRS
Employce Comfort is good business!
W. C. BRASS
and Associates 134 S. Mer.
THE INDIANAPOLIS TIMES SAND DUNE REARS ITS “WHALEBACK”
hour corn was and oats ———
RI-9727,
PAGE 13
This huge “whaleback” sand dune near Dalhart, Tex., was one of the cruel tricks the drought and black blizzards played on the Southwest between 1931 and the fall of 1936 Farmers ‘leveled off the dune and planted grain sorghums and corn last spring. When the crop was harvested, a stubble eight to 10 inches high
Announcement of a 50-cent Government
higher on the Chicago |
s to 1% cents higher, wheat |
INDUSTRY PROFITS JUMP 14 PER CENT
GOOD CORN AND
=
back to breadbasket.
despite the dry and dusty clim
MAY PAINT DARK
SHIPPING SCENE :
‘Report, Due This Week, Likely to Be Sensational In Its Findings.
| Times Special
Recovery Gains Reach High Record in First Nine Months.
P).—|
NEW YORK, Nov. (U. Profits of American ro rose to | the highest level for the recovery | movement in the first nine months |
| paint
this year, but a relatively mediocre | third quarter showing pared the | percentage gain over 1936 to the |
smallest year-to-year figure in four | years. A United Press tabulation dis-
closed that the first 193 corporations
—including small and giant organ- | izations — had combined third quarter profits of $386,039,079, com- | pared with $336,503,405 for the cor- | responding 1936 period, a gain of | 14.7 per cent. The first 219 corporations reporting for the nine months had aggregate profit of $1,342973711, against |: $1,158,752,500 in the 1936 period, an | increase of 15.9 per cent. Although the profits represented new period peaks for years, the per- | centage increases in both instances | were the smallest compared with pre- |
vious corresponding periods since the recovery movement got undei= way. The decelerated pace has been at- | tributed by economists to: 1. Increased raw material and labor costs. 2. Excessive inventories built up early in the vear when prices were around the recovery peaks. 3. Sharply increased taxes, arising from the Social Security Act. 4. Consumer resistance to price | increases in some lines. 5. The diminishing rate of Fed- | eral expenditures for both durable and consumers goods. 6. Declining stock market bring- | ing some caution.
U. S. STATEMENT
WASHINGTON, Nov, 2 (U. P.) ernment expenses and receipts current year through Oct, 30, with a year ago: This Year Last Year $2. 545,853,806 75 $2.345 584,329 09 | 1.983,450,590.21 1,408,088,114 56 | 562 408,216.54 937,496,214.53 | 2.675.800,232.96 1.763 620 480.42 | 875.067,230.29 1,290,978, 924.48 336.956.368.228 85 33,832,528,147.60 12,802,924 033.95 11,044 666,138.79 152,126,059 61 153, 240.002.56 | Today's Pur, al Pur. gold... $1.327.914.56 $1,270 304.791 100 {
|i -Gov=- | for the | SE
Expenses. Receipts... Deficit .. Cash bal. Work. bal. Pub. debt Gold res. Customs...
Inac.
INDIANAPOLIS CLEARING HOUSE Clearings ...... ee AR ee Ny $3.603.000 Debits . “ev . 9,605,000 |
CHICAGO PRODUCE
Eggs—Market, firm; 3689 cases; | fre¥h graded firsts, 23'cc: extra firsts, 26'2c: current receipts, 22c; checks, 17c; dirties, 19c. | Butter--Market, steady; receipts, 9196 | tubs. extras (92 score), 35c, extra firsts (90-911, score), 33'x@34'qc; firsts, 31'o@ 32c; seconds, 28@30'2c; specials, 35'>@ 26c. standards, 34'5c: centralized (89 score), 32c¢, centralized (88 score), 31'zc. | Poultryv—Market, steadv: receipts, 1 | . 36 trucks; ducks, 16':@19'zc; geese, | hens, 17%5@21':c: spring chickens, 2C; roosters, 14% 15c¢:; broilers a . turkeys, 16@22c: Leghorn hens, 14! | heese——Twins, 19@19'4¢c: Daisies, 191, 4 19'2¢c; Longhorn, 19% @19'zc.
receipts
|
Going Tough, Says G. O.P.ot| Gary 4th Ward
The Fourth Ward Republican Club of Gary today had stacked arms and surrendered. H. M. Fletcher, its president, asked Secretary of State August Mueller, to allow the organization to change its name to “The Democratic Organization Club of Gary, Lake County.”
| week, may
| will
| ASSess
| (Government money
| benefit ?
| out
| and ask Congress | should be d be done.
{ major
WASHINGTON, Nov, Maritime Commission's the shipping industry, due this prove one of the most sensational public documents ever! | prepared. It will present the first complete picture of the industry and will| it so dark, according to present indications, that Congress, which thought it had dealt adequately with the proble it passed the Maritime Act of 1936 find itself confronted need for new legislation. The Commission had scarcely taken office when it discovered that
report on
ro data were available on which to
the part played by a merchant It set machinery in motion to collect all the facts. Now after six months | The facts are ready. The report will the money the Government has poured into its merchant marine since the World War, with the losses suffered by shipping lines, and with
the present financial condition of
deal, first, with
Arguments to Be Discussed Tt will discuss the arguments in behalf of a national merchant marine and make an estimate of probable cost to taxpayers. It wiil {attempt to state what effect a mer=- | chant fleet may [and what part it might play in the | national defense if war came, One important section will with maritime labor, one of tue most turbulent sectors on the labor front in the last four years. It will
| shipping companies.
| discuss just what powers and cuties | the
Government should exercise over labor in an industry into which is being poured. | Another section will survey the probable effect of airplane competition on shipping. Here are some of the questions for |
| which no answers have been availa- | ble, in spite of the 20 years in which
the Government has been pouring money inte shipping: How much private capital ween invested in the business? inuch has been lost and how earned? What Is Reasonable Cost? What is a reasonable cost for adequate merchant marine? How [ much should it cost to operate it? Do United States shippers obtain more reasonable rates because of the existence of a national merchant | marine, and how much do they | Is the fleet of real value and inland manu- |
has How
21 | Nazi-controlled police City. | The Congress appealed for im- | mediate restoration of the “legal | situation.’ The appeal was signed by Rabbi | Stephen S. Wise, executive commit-
to farmers tee president.
facturers? Is the fleet being operated hy com= | petent men? How do they compare | { with operators of foreign lines? How | do foreign subsidies compare with those paid here? Can technical costs of building | and operating a fleet be reduced to! meet corapetition from abroad with= lowering wages paid American | workmen? Could faster ships be built? Where does the United States | have the best chance of making | money through establishment of] trade routes? The Commission is expected to | summarize the answers, estimate the | cost of alternative courses of action, to decide what |
N. Y. MARKETS CLOSE
Security and commodity markets
in New York State will be closed
for municipal elections but] markets in other sections of generally will remain |
today
| the country | open. Markets in Chicago, Kansas City | and New Orleans will operate as | { usual. Stock markets in Cleveland, Bos- | ton and Pittsburgh will be closed, | but livestock and produce markets | will remain open. The St. Louis Stock Exchange will close after the morning session, but | oer markets will opRIe as seal. |
MORE THA
Personal Service
TIT
RS SAVINGS dl
N MONEY!
Get more than money when you obtain a mortgage loan. Your case is different from any other,
Get the counsel of men who have had years of home financing experi ence , . . men who are trained to place themselves on ‘‘vour side of the table” and to offer you their suggestions on the many problems confronting you when you build er buy a home.
Let our experienced staft help are range a financing plan that fits your particular meeds-—one that will get you out of debt in the shortest pose sible time, There Is no charge for consultations, Stop in this week,
Limited to Marion County
2, = The |
m when
with a |
fleet in the national economy. |
the | have on neutrality |
| deal |
much |
ate.
growing rows of corn as testimony that soil and water conservation practices are triumphing. dentally, the girls advised the photographer that they had kept their complexions smooth and clear
Here's double evidence that the Southwest is w inning its fight to turn its plains from the dust bowl In this picture, taken in a cornfield near Dalhart, seven pretty girls point te
Inci«
Some of Marion County's most
‘See Test’ From Local Farmers
progressive farmers gathered on a
farm south of Acton today to settle some long-standing disputes about
corn.
Today's meeting is the result
of the mmtroduction
several vears ago
| of hybrid corn. Up to two years ago farmers raised one of several well-
known varieties. Some they still claim is better
JUDGES T0 SEE TEST
Demonstration to Be Made
In Prosecutor’s Office. | ranged a meeting with Municipal and Criminal Court judges and Prosecutor Herbert M. Spencer for Thursday noon to see a demonstra= tion of the drunk-o-meter. | The demonstration is to be given iin the Prosecutor's office by Dr, N. Harger, Indiana University, ventor of the device.
Chief Morrissey said opinions the judges and the Prosecutor
n=
of on in prosecution of drunken drivers would be sought. The chief, who said he had been convinced of its value, has a fund
in the Police Department budget to |
purchase the ey ice.
MISSIONARY TO TALK T0 CHURCH WOMEN
Mrs. Henry W. Greist, Alaskan missionary, is to speak tomorrow at a meeting of the Women's Asso-
terian Church, 47th St. and Central i Ave., in the church parlors. The meeting is to begin at 10:30 (a. m. Mrs. Greist's talk is to follow |a period of hand-sewing and a | nhieu,
JEWS PROTEST NAZI
ACTIONS AT DANZIG
GENEVA, Switzerland, Nov. 2 (U, P.) ~The World Jewish Congress appealed to the League of Na- | | tions today against alleged anti-| | Jewish “outrages” in the Free City | | of Danzig. Since Oct. 19, the appeal said, the anti-Jewish sentiment has taken on “an aspect of a veritable pogrom.” It alleged that the “outrages” were organized in detail by the Nazi Government, the Nazi Party and the
$110,000 PLEDGED TO HANOVER DORMITORY
HANOVER, Nov, 2 Alumni and students of College have pledged $110,000 of the $250,000 usought for the Donner
(U, P=
| Challenge Fund to construct a new | girls’ dormitory, President Albert G
Parker Jr, revealed today. William Donner, Pittsburgh financier and philanthropist who is a Hanover graduate, has offered to contribute a dollar toward the building for each dollar raised by the college up to $250,000. Dr. Parker said he expected the $250,000 goal to be reached by De- | cember.,
LOCAL PRODUCE
(The prices quoted ered in the country, in Indianapolis the higher 55 pounds gross) Eres -No. 1 strictly fresh,
Phenvy breed hens 4', Ibs. and over, under 4'; Ibs., 16¢c: Leghorn hens, heavy springers, 1'> 1bs. and over, Leghorn springers, 1': Ibs. and over, bareback broilers, 14c: old roosters, 4 lbs. and over. 12c: ducks, 8c; geese, 9 to 14 lbs. Tc Butter-—-No. 1. 38':@ 39: No. 2 | 3%¢. butterfat, No 1, 34c; No. 2, 32¢
are for stock gathwhile for deliveries prices are 1 cent
loss off
| do
l4c; 18¢; ie:
voung ducks old |
Each full case of eggs must weigh
.
OF DRUNK-0-METER
| Police Chief Morrissey today oral
R. |
the practicability of using the device |
in the Free |
| assertedly
than others. introduction of the hve to obtain a seed with characteristics of cere strains, gave the new to think
But the brid variety, outstanding {tain corn variety farmers something about. According to County Agricultural | Agent Horace Abbott, some farme ers were hesitant to investigate the new “scientific” corn. They said | they doubted whether the selec | tive corn was as good as as the | established varieties. In order to prove to corn growers that the hybrid varieties could be adapted advantageously to special corn uses, county officials planted 16 different varieties, including hy= brids, side by side on the Hutche | inson farm. Today the i themselves, Mr,
farmers will see for Abbott said. Hybrid seed corn is the result of | inbreeding of other varieties to ob[tain a predominating desired characteristic, Mr. Abbott said. These characteristics include resistance to | disease, development of large ex= tended root systems for stock stur- | diness, regulation of the height of ear, and the increase in yield. Few county farmers have plant= ed the hybrid corn on their farms. { Today's test is designed to explain | the new corn and its advantages to the remainder of the county's corn growers, Mr, Abbott said.
NEWCASTLE ARMORY LACKS FURNISHINGS
NEWCASTLE, Nov. 2 (U. P.). | The City of Newcastle today had a (new $110.000 National Guard Arm- { ory, but no method of equipping it | with desks. chairs, curtains, lockers, bleachers and the like. The Council recently sold $5000 | in bonds to finance the purchase of | these incidentals. Then the Coun=[cilmen decided they should determine if the bond sale was strictly | legal An Indianapolis law firm told them it wasn't The armory is almost completed and the Community Council, which was active in inducing the City [Council to issue the bonds, indi- | cated it would find some other way lof furnishing the new Structure.
ciation of Meridian Heights Preshy- |
FTC ORDER NAMES FIRM IN VINCENNES
WASHINGTON, Nov. 2 (U. P.). | The Federal Trade Commission today charged price discrimination and unfair competitive meth-
| . ods among a group of the nation’s
(sued against | Manufacturers
Hanover |
| several
major window glass manufacturcrs and distributors. A cease and desist order the Window Glass Association, New York, and the National Glass Dis= tributors Association, and their members, officers and directors. The order charged violations of the Federal Trade Commission Act and the Robinson-Patman Antiprice Liscrimination Act. Among the members of the Man-
was 1S=
| ufacturers Association named in the
order was Blackford Window Glass Co, Vincennes, Ind.
FILES $266,319
SAN FRANCISCO, Nov. 2 (U. P) —Ashby Oliver Stewart, head of banks in California, Utah and Iowa, today faced a $266,319 damage suit filed by Paul P. Robe inson, president of Robinson & Co, Chicago dealers in stock and land bank securities, who alleged that Stewart sold him stock while know= ing it to be worthless.
SUIT
22¢ |
22¢; |
uw |
Rush Jobs Make Us Smile Hendren Printing Company, Inc. 47 CENTURY BLDG. RI-8533
OLD BTATE HOUSE BOSTON
129 east
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Organized 1924
