Indianapolis Times, Indianapolis, Marion County, 16 November 1937 — Page 15
TUESDAY,
NOV. 16, 1937
STOCKS GAIN FROM OPENING DECLINE IN LIGHT VOLUME
®
Some Leading Issues| Porker Prices
Advance From Opening.
16 (U. today |
Nov. rallied
NEW YORK, } P.) .—Stocks
Ease 10 Cents In Local Yards
Hog prices eased 10 cents on most
after an early decline of 1 to | weights in the local yards today, ac-
3 points, Volume continu light, Some leading stituted gains for Westinghouse Electric,
Outsiinding performer,
issues sublosses. | an
|
| cline than the heavier weights.
{ rose (few lots uniform underweights. Re-
ed cording to the Bureau of Agricul- | tural Ecnomics. Weight under 160
| pounds continued to sell uneven and in many instances showed less de-
Practical top was $8.90 on weights between 140 and 170 pounds. An ex{treme top of $9 was scored on a
to 102, up 2 net and up 4 from | | ceipts were estimated at 8500 head.
the early low. United States Steel touched 55, off 2, and made up most of the loss. Nonferrous metals came back substantially after a decline that | ranged to 2 points in Kennecott. McIntyre Porcupine had a gain of
more than a point. Chrysler enjoyed a wide rally from its low of 6414, off 2. Atchison | recovered all of a loss of nearly 2 | points. American Telephone, Inter- | national Nickel, International Tele- | phone, U. S. Rubber, Youngstown
Sheet & Tube, Crucible Steel and Phillips Petroleum were amons | issues to register gains ranging lo | Nov. a point. i |
WHEAT PRICES UP ON FOREIGN REPORT ..
Corn Futures Remain Firm In Chicago Pit.
(U. P)— turned |
CHICAGO, Nov. 16 News from the Argentine
traders bullish for a while today and | Sla
wheat prices in Chicago turned | higher | At the end of the first hour wheat | on the Chicago Board of Trade was | 1; lower to 3 cent higher, corn was | unchanged, and oats unchanged to | 1; cent higher Rains were reported in the northern section of the Argentine wheat | belt, where precipitation was not wanted and buying increased enough to lift prices one cent above the previous close before a recession began. The market, however, has maintained more or less of a steady undertone since the opening. Wheat | receipts were 10 gars, Commission hous noted in December but short covering firmed the market around the previous closing levels. A There was | talk in the pit of a demand in the |
East for actual corn. Receipts were | Good and choice..............
| Medium . | Cull and medium
275 cars. LIVERPOOL WHEAT
a
115% is
ARGENTINE GRAIN BUENOS AIRES, Nov. 16 Grain futures opened steady. cember, $1.07, unchanged: February, $1.01%, off 1zc; March, $1.02%, unchanged. Corn—December. 617s¢c. unchanged; Febre Razy, 62c, unchanged. Oats—Spot, 29%ic, 8C. Flax—November. $1.3234, up zc; February, $1.22%, up zc.
(U. P).— Wheat—De-
WAGON WHEAT pin elevators are paying for No. other grades on their merits. new No. 2 yellow. 4lc. Oats,
City 2 red, Cash corn,
LOCAL 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 inquries or recent transactions. BONDS
Citz Ind Tel (TH) 4%s 61.... H Tzl & Tel Ft W 5! H Tel & Tel Ft W
Bid Asked 103 105 10612 10512
Indpls Water Co 3's 66 . ... Kokomo Water Works 35s 58. . Morris 5&10 Stores 5s 50 .... Muncie Water Works 5s 65... Noblesville H D & P 6's n .“e Ohio Tel Sev 63 37 evucercane Pub Tel 5's 55 Richmond W W 5s 57 Seymour Water Co 5s 45 T H Trac & L 55 44 T H Water Works 5s 58 . T H Water Works 6s 49 Trac Term C2 5s 57 STOCKS
Belt RR St Yds com Belt RR St Yds pfd Cent Ind Pwr 7% pf Home T&T Ft W 7% pid Hook Drug Inc com Ind h E 1% Ind Gen Serv Co .. Ind Hydro Elec in Indpls Gas Co co Indpls Pwr & Lt pid 6% Indpls Pwr & Lt pfd 6!2 Indpls Water Co pfd 5% : Lincoln Natl Life Ins Co com. R Mallory com k Ind Pub Serv Co pid 515 N Ind Pub Serv pfd 6% vee 4 N Ind Pub Serv Co pfd 7%... Pub Serv of Ind pid 6% Pub Serv of Ind Progress Laundry Co com 6% Smith Alsop P&V pfd 48? Smith Alsop P&V com Terre Haute Eles Co 6% Union Title Co com “esace Van Camp Milk Co pfd’ sesviee 2 Van Camp Milk Co com 10 (By M. P. Crist & Co.)
Market St. Investing Corp.... 2391 25.43
FOREIGN EXCHANGE
NEW ORK, Nov. 16 (UT. P.).oNoon foreign PL higher Ca ble ‘Rates England (pound) . 0 Eng. i60-d. bill rate) 3.004 Canada (dollar) ,.. 1.0 France (franc) ... Italy (lire) Belgium (belga) Germany (mark) Ger. (travel mark) Switzerland (franc) Holland (guilder) Spain (peseta) .... Sweden (krona) ... (krone) .. Denmark (kone) Australia ound) . Austria (shi ling) Czechoslovak ia (koru Piniand 3 markka). Greece (drachma) . Jugoslavia (dinar). Portugal (escudo) Rumania (leu) ... Srpen- (offl. peso) (unof. peso fresh (of mi rel) Brazil (unof. mil.) Chile (peso) Peru {s01) Uruguay Mexico (sil. peso) Honghong ( llar). (yuan) (rupee) (yen)
i ange 4.01% 8
Norway
+.00% 4.0003 +.0000% +.0000%
X 893" $353
Shangha India Japan
FOREIGN REMITTANCES
American National Bank
AT INDIANAPOLIS
| steady {downturns in dressed values. Good
[$650 to $9. Slaughter ewes were { unchanged at $2! to $3.25.
| Heavyweights—
| (1100-1300) i {
| (750-300)
selling was | Low cutter and cutter
i |
Packing sows showed no material
bin, bulking from $7.75 to $8.25.
The steer market was extremely slow, with opening sales fully 25
THE INDIANAPOLIS TIMES
NEW YORK STOCKS
By United Press
ln
High Low
Adams Exp .... 10%2 102 Alaska Jun . 12 11
Net Last Change 10% la 12 4 1%
3 -} 2
160 13% % 10
45 157%
« - 8 Fahad
Am Smelt Am T&T ....
ow Ca
“ - =
FLEET: RD TS
Asso Dry Goods Atchison Atl C Line .. Atl i
Hn:
Aviation Corp .
Bald Loco ct si, Balt & CQhio .. Barber Co Barnsdall Beth Steel .... 3eth Steel ¥ pf 3oeing Ai ver @
i cents under the previous close. Many | bids were off 50 cents.
Vealer prices were 50 cents high-
{er as good to choice Kinds cashed from $11 to $11.50.
Light supplies held vealer prices and ignored the further
to choice native wooled lambs cashed from $9.75 to $10.25. Com- { mon to medium natives moved from
iE
Poo OOBN Boa03us
Receipts 9500
©“
Fossonsd
OF = 3 pat 00D 335934
— Hom
bt pk pst gras
: 85@ 9.05 8.50@ 8.85
885@ 9.05 8
hts— ii 5 good and Medium
Light ts S— 0) Good Sue
Mediu (180-200) ey ad Medium . (200-220) Good 1220-250) Good
choice.. “choice. . choice. . choice. .
apo» NSU
PO Mumo mm BWHo®
and
(250-290) Good 1280-350) Good Packing Sows— (275-350) Good (350-425) Good (425-550) Good . (275-550) pMedium ughter Pi (100-140) Good and choice. Medium .. CATTLE
—Receipts. 1500—
choice. . choice. .
ET @ 1 Sven OD
AAR Od
5 wo oo
(350-900)
ok pt
Common (800-1100) Choice Good
um a Choic Good es Merium (1300-1500) Choice Good
pt pt
(piaam
O10 BaNTDOW NO
DUAN DDDIIW “INI BS ghgubbakssns NODOSD
DOR DIDBRDH-I0WN ouUoowmn
ODNNNDD DNDN ADIN IIDDID
Ph ph fk ok kt
Heifers
Choice Good
(550-750)
Good and choice Common. medium.
[Soot oh. medium
Bulls
Good (beef) Cutter, common and medium.
Vealers
—Receipts, 600
| Bucy Mise .
{ Burroughs ..... { Butler Bros ....
[email protected] 8.50@ 9.50 5.50@ 8.50
(250-500) Good and choice. %[email protected] ommon, medium. 5.00@ 700 Feeder and Stocker Cattle teers (500-800) Sood and choice mmon, medium. (800-1050) Good and choice Common, medium.
raatnay
PEO
“10-30,
Heifers— Good and choice. . Common and medium Cows— Good extn Common and medium SHEEP AND LAMBS
—Receipts, 1500—
“IY Oe tIbItI-d US Ow Uma a
pon aca
—
D OO Ww wooo ou ohare S Sun
Shorn Ewes— (90-175) Good and choice. Common, medium.
(U. P.).—Hogs—Re-
N 16 CHICAGO, Nov. 13.000
ceipts, 13,000, including
most packing SOWS,
40@ 8.65: 0.2 light and medium
[email protected]; ay best wei hts to ens Bs 7000; calves, 1500; another dull trading day on fed steers and yearlings; most other killing classes slow; steers weak to 25 cents under Monday; many steers sold then $1 or more off; most steers today $10.50 down: sizeable supply [email protected]; best steers early, $12.50; she-stock weak to 25 cents off: bulls and vealers steady, stockers slow, weak; bulls, $7: top select vealers, $11. Sheep—Receipts, 7000; no directs; fat lambs slow, weak to lower at $9.75@10 on good to choice natives and fed comebacks: choice held $10.10 and above; yearlin s about steady; 102-1b. averages, $8.7 sheep strong to 25 cents up: good to choice native ewes, [email protected]. FAYETTE. Nov. 16 (U. P.).—
mar-
50@ 8.75; roughs, bf A % ; lambs, $9.50. , Nov. 16 (UL. BP) alogs— 9. 10 D cents lower: 140-160 lbs, ., $8.45; 120-200 Ibs., $8.35; : 225- 550. Ibs. $8.15: ©50-275-300 1bs., $7.05; 300-350 $8.25; 100-120 Ibs., $8. Calves, $11.
200-225 lbs., 75 lbs., $8.05; .. $7.85; 120-140 lbs., $8; roughs., $7.25; stags, Lambs, $9.50.
N. Y. Bonds
By United Press BOND PRICE INDEXES 20 20 20 Inds. Rails Utils. «eves 83.6 73.8 95.6 «+. 82.8 1.8 95.2 . 84.6 96.1 84.8 99.3 106.1 9.5 1029 101.2 106.0 1.3 923 100.4 105.2 84.7 10335 1935 36.4 103.6 93.1 1935 71.0 89.3 83.0 (Copyright, 1937. Standard Statistics Co.)
60 Bonds 843 83.3 85.1 100.0 9.1 100.3 82.3 100.2 93.3
Yesterday Week ago .. Month ago ... Year ago Two years ago. 90.8 1937 1937 1936 193€
high ..... low
" NEW YORK, Nov. 16
(U. P.).=Honas opened lower Net Open Change Alleghany 5s "49 ......cen. 65 Anaconda Cop 42s varrerees 102% Chi Ri 4125 *32 ....evevcsnsses 9 chi Ri 45 ’31 ....cvvecceesese 9 4s "34 Ct c.ecea ivi B ssesnnans IV2 srrrese ees 5812 seetnens 10% 82
FOOD PRICES
CAGO, Nov. 16 (U. P.).—Apples— an McIntosh, [email protected]. Sweet Potatoes—Tennessee, hampers, [email protected]. Carrots—Illinois, = 35@40c. Spinach— Illinois, bu., Seas), Tomatoes—California, lugs, sig23 Cauliflower — Long Island, crates, $1. as .45. Peas California, hampers, $2. [email protected]. Celery — Michigan, square crates, 25@865c. Onions (50-Ib. sacks)—Illinois Yellows, Indiana Yellows, Michigan Yellows, 75@ 90c; lage and Idaho Valencias, [email protected]'2; Minnesota Yellows, [email protected].
4s Oriental Dev Ses 6s ’'61
MiZhiga
Aluminum
POSTURE CHAIRS
Employee Comfort is good business!
'W.C.BRASS
HEEL
Bkivn & a pf.
Bulova W
Butte Cop ....
Callahan Zine Calumet & ‘he Campbell Wy .. Canada Dry ... Can Pacific Carpenter ol. Case, J I Celanese Celotex Cent Aguirre .. Cent Foundry.. Cerro de Pasco. Certain-teed ... Ches & Oiho .. Chi Gt W Ry pf Ch M StP&P Ch M SIP&P pt Chi & Nw Ry pf Childs Chrysler City I&F Cluett Peab ... Colgate P-P ... Col & Aik 32 Colum Col Pictures vie Com Credit .... 4
Cc - W
tH:
ptr Se OS ow Nene
Cons Aircraft . Cons Edison ... Cons Edison pf Cons Laundries Cons Oil |
oo La
FEEERTEREEE EEE I+1
| ve .
pt
29 Cont oil Del .. Corn Prod «. 57
Crane Co cv Crown Cork ... Crown Zeller .. Crucible St ... 3 Cudahy Curtis Pub ... Curt Pub pf ... Curtiss-Wr .... Curtiss-Wr A ..
Davega Strs ... Deere & Co ... Deisel W G ... 15 D Lac & W ... 8% Dist Seag ..... 16% Dome Mines .. 47 Douglas Air ... 333% Du Pont 1 Du Pont pf ... 111 111 lo
East R Mill ... 6 East Hodak ... Eaton Mig .. 207 Eitingon Sch .. Elec Auto-L ... Elec Boat ..... Elec Pwr & Lt $7 pf . 3%
El Pw & L Evans Prod ....
612
End Johns
Flintkote Foster Wheel .
18° 181% 18% 183% ls 5%s . 384 1214 « 25% . 40 . 11% . 37% . 21.
Gair Rout Gen Am T Cable. Cigar ... Electric G& EA
Gen
Gen T . Gillette S R.... Gimbel Bros Glidden . ‘ Gobel, Adolf | 3 Goodrich 1 Goodrich pf. Goodyzar _.... Gotham Hos .. Graham- Paige. .
® 3 2834 Gt North pf.. 27% 27%
Curd Stocks
By United Press NEW YORK, Nov. 16 (U. P.).—Curb stocks opened lower. Net Oopth Cnange .. fg w——— YS
Am Sup Pow Carrier Cp .. Cities Serv Creole Pet El B & S Lake ik Min Lion Technicolor
Ga UnLta PA
U. S. STATEMENT
WASHINGTON. Nov. 16 (U. P.).—Government expenses and receipts for the current fiscal year through Nov. 13, compared with a year So La ar
This st Y $2 331. S06. 836. 75 $2 918. 317, .532- 32
SHIEH
Expenses Receipts
Customs Pa Gold .. Te Bs 31 $1, Ir dal, 580. 20
INDIANAPOLIS CLEARING HOUSE Clearings $3,433,000 Debits 9,292,000
LOCAL PRODUCE
(The prices quoted are for stock gathered in the country, while for deliveries in Indianapolis prices are 1 cent higher Each case of eggs must weigh 55 pounds gross.) Eggs—No. 1 strictly fresh, loss o 6c. Poultry—Heavy breed hens, 4% os. and over, 19c; under 4!2 Ibs. 16c: Leghorn hens, 12¢: heavy springers, 1'2 lbs. and over, 19c; Leghorn springers, 11% lbs. and over, 15c: bareback broilers, 14c; old young ducks, 4 1bs. and over,
Inac.
roosters, 9c; 13c; old ducks, 8c; Juin runner ducks, 6c; geese, 9 to 14 12¢. Turkeys—Young TeRS, 8 lbs. and over, 21c; young toms, 14 lbs. and over, 19c; No. 2 turkeys, 13c; old hen turkeys, 19c; old Yom: te. N 38a utter—No. 2@39¢c: No. 2, 36'2@37c. Puttertat NG. 1, 34c; No. 2, 32c. "e
See Final Edition of the Times for Closing Stock Quotations and Other Late News
DOW-JONES STOCK AVERAGES 30 INDUSTRIALS Yesterday ...cocevnnnnnnanss 120.22 Week ARO ...cveencnscnscees 126.16 Month AGO «cvessssssssnsess 126.85 Year Ago 184.90 High, 1937, 194.40; low, 123.98, High, 1936, 184.90; low, 143.11, 20 RAILROADS Yesterday covcesecussnananes Week AZO cocevvensnsnssnnes Month AZO .cvvsvsncrsnsnins Year Ago High, 1937, 64.46; low, 30.09, High, 1936, 59.89; low, 40.66. 20 UTILITIES
-3.83 +2.18 +112 +2.
“assess rsassannnn
33.23 33.08 30.09 57.32
Sasser esasastananen
Yesterday Week AZO ..ivesnsnsnsnssnsn Month AZO «vvvvvsssssncnnne Year Ago High, 193%, 3%. 54; low, 19.65. High, 1936, 36.08; low, 28.63. 70 STOCKS
Sesser sasarann
22.80 21.96 19.65
-—0.63 +0.63 -0.19 +0.34
Yesterday Week ARO ..ovvvsvnsesnnnsnn Month AO ...cevesnnsnnnnne Year Ago High, 1937, 69.67; Tow, 41.52, High, 1936, 66.38; low, 51.20.
43.88 42.65 41.57
-1.30 +0.76 + 0.05 +0.58%
Net Last Change 291, 105g 187s
High Low Gt West Sug.... 29'2 29; Greyhound Cp.. 1034 103% Gu & No pf.. 187s 187%
— Harb-Walk .... 25% 25% H “wil 7 Herc 118 H 22% Hollandr & Son 121% Holly Sug .... 232 Homestake ..... 503% Houd-Her B .. 1ll2 Houston Oil . 3 Howe Sound .. Hudson Motor . Hupp Motor ..
Ill Central ..... Ind Rayon Inland Stl . Inspiratn Cop .
Johns-Man ....
Kennecott ... {eystone SH . Cimberly C {reske roger G&B.
L-O-F Glass ... Lima Loco .... Lig Carb .. . Loew's ....
Macy R H .... 30% 305s Magma ....... Man El mod gid ° Maracaibo Ex .. Martin Parry . .e Maytag . McCall Corp “eo McIntyre Pore . : McKeesport ... 2 McKess & Robb McLellan St ... Melville Sh Miami Cop Midcnt Pet K Tex
e Mullins Mfg B. Murray
Nash-Kelv ..... Aviation .. Biscuit Bond
Distillers
No Pacific .....
Ohio Oil Omnibus Otis Steel Otis Stl cv f 6 Owens Ill Glass
1212 13 il 6312
122 13 113g 60 6312
Pac Am Fih «1
Para Pic 2 pt . Park Utah Patino Mines .. Penney Penn D Penn RR Pecples Dr ... Pe les Gas ..
Pitts United
Fascism
WASHINGTON, Nov.
long time with the idea of a planned economy on the piecemeal method.
The curse of South American countries, like the curse of some American states, has been that they permitted themselves to develop as one-crop or one-commodity nations. As such they have suffered all those maladjustments so famailiar to us in states which build their economies on cotton or wheat or copper. They go up and down the business cycle more violently, and when they are down they are very down.
The effect of a situation where so large a portion of a country is engaged in the same field of production is that those so engaged form a numerous and powerful bloc and they are able to bring irresistible pressure upon the Government for the mitigation of their economic troubles. And this leads the Government inevitably into planning experiments. Brazil has for 31 years played with the idea of making her coffee plantations prosperous. More and more the Government has been forced to assume the task of planning the distribution of Brazil’'s coffee product. Scheme after scheme has been attempted and has broken down. The valorization scheme which cracked up before our
THOMPSON
NEW YORK CHICAGO TORONTO SOUTH BEND FT. WAYNE EVANSVILLE BOSTON CINCINNATI
Indianapolis Office
200-214 Circle Tower
MEMBERS
New York Stock Exchange New York Curb Exchange New York Cotton Exchange New York Coffee and Sugar Exchange New Orleans Cotton Exchange Chicago Stock Exchange Chicago Board of Trade Winnipeg Grain Exchange
And Other Leading Exchanges ,
LD 2 52 a
Plymou Poor ! Frest §
Pre Public Serv .... 3
oa
~
LEER
Revere A Reyn Spring .. Reyn Tob B... Richfield Oil
Safeway St Jos Lead ...
Servel Inc Sharon Sharp & D
Skelly
a
ft ft
Oil
south Ry c parks With Spiegel Inc ....
FEL RES:
nnn nnnnnnng
Sterl rod .e 3 Web... 1
Syming Gld XW
Tenn Corp Texas Corp Tex Gulf Prod T&PC&O Tex Pac L T. Thermoid “enh Third Av Ry ..
Transamerica . Trans West Air Tri Cont ...... 20th Cent Fox.. Twin Coach ...
Ulen &
Un Aircraf tCp Un Air Lines... Un Carr Fast.
Vadasco Sales . Vanadium 15 Van Raalte Va-Caro Ch .. Wabash pf B .. Walworth Warner Bros .. Warren F & P. Waukesha Mot. Wayne Pump .. West Auto Sup. West Pac pf ... West Union ... West Air Bke .. Westing EI Wheel Steel White Mot .. Willys Overland Willys Ovrld pf Wilson & Co . Woolworth .... Worthington ..
SHELL
Il
134
Il -
-
Yale & T Yellow Tr ..... 1 Young S & Ww. Young Sheet ..
3a
Ya la
LL
Ss 1a
« 20%
33s
Zenith Rad 20 Zonite 3%
DAILY PRICE INDEX
NEW YORK, Nov. 16 (U. P).— Dun & Bradstreet's daily weighted price index of 30 basic commodities, compiled for the United Press (19301932 average 100)): Yesterday «cc ivcsessssencics 119.18 WEEK B80 :ciocessssissinies 11985 MONtR 880 :cseceeesscciissi..12663 Year ago . ..132.69 1937 high (April 5) ..........158.26 1937 low (Nov. 8)
BANK STOCKS
Bank of Manhattan
Brooklyn Trust .... Central Hanover
ase Chemical Commercial Continental .... ik Sacnange 3 eesenans 1825
Em . First National’ eesens Sua nty
Irv Manufacturers National City N Trust .
cases arsaan
Public ...... Title Guarantee .
Brazil Due to Coffee Price Control, Flynn Declares
By JOHN T. FLYNN Times Special Writer 16.—The casual reader seems disposed to look upon what has happened in Brazil as just another adventure in South American dictatorship. It is something very much more than that. is in fact something to make us pause and take an inventory of the strange forces which are spreading over the world.
It
Brazil has been playing for ac
own depression struck Brazil's national credit a dreadful blow. But the Government has persisted in all sorts of surplus removal operations, subsidies, commodity loans. Vast sums have been borrowed by the Government to finance these operations. And all have failed. The failure of the last was apparent some months ago. It was formally junked last week. But farmers who have been used to Government coddling do not submit tamely to failure. And so Brazil now takes the inevitable stép of a more extensive and comprehensive adventure in planning which is the corporate state. This corporate state, of course, is the central economic idea in fascism. So, we now have, in Brazil, not an old-fashioned South American dictatorship but a very highly modern dictatorship built around the idea of the control of the nation’s economic life, not by a democratically elected Parliament but by a dictator and a council made up of representatives of industry, trade and labor. In other words, we now see a genuine Fascist state set up in this hemisphere. And this is the Government to which our State Department has proposed to lease half a dozen war vessels.
PAWNSHOP BILL BEFORE MAYOR FOR SIGNATURE
Law Requires Thumbprints Of Those Who Patronize Loan Stores.
Police’ Chief Morrissey prepared today to -enforce an ordinance requiring thumbprinting of all persons selling or pawning goods to city pawnbrokers. The City Council passed the
ordinance last night over protests of pawnbrokers, who said it was discriminatory. Voting against it were Mrs. Nanette Dowd, Edward Kealing and Adolph Fritz. The bill awaits signature by Mayor Boetcher, The measure closes pawnshops on Sundays and legal holidays and prescribes 7 a. m, to 7 p. m. as weekday business hours. It also sets up a procedure for owners of stolen property found in pawnshops to recover it without paying loans. Chief Morrissey, who sponsored the bill, told the Council that he also is working on plans to establish six stations for voluntary fingerprinting of all citizens. Works Progress Administration funds and personnel are to be used, he said. Undef the new ordinance, the owner of stolen property found in pawnshops will be required to file an affidavit with police that the property is his. The pawnbroker then will have 15 days to show cause why it should not be returned without cost to the owner.
Fritz Leads Fight
Mr. Fritz led the fight against the measure, attacking Chief Morris sey’s announced procedure that the thumb-prints would be used only in cases where goods had been stolen. “How do you know,” he asked, “who will be Police Chief several years from now and what use he will make of the records?” Dr. Theodore Cable, who voted for the measure, attempted to amend the recovery procedure to require a replevin action instead of an affidavit, but Chief Morrissey said a replevin action would entail court costs that might be more than the value of the stolen article.
A second dog licensing bill was proposed by Mr. Fritz. He reintroduced a measure that would require all dog owners to present a certificate that their dogs had been vaccinated against rabies before licenses could be issued.
No Final Action Taken
Already before the Council was a proposal that would call for the impounding of all dogs found on the streets without vaccination certificates. No final action was taken on either. Seventy more fire hydrant cab stands were created in an effort to stop cab cruising in the downtown section. It passed an ordinance tightening the public health regulations on fumigation of vacated buildings. Several small appropriation ordinances and transfers of funds were approved, as were ordinances zoning for business a strip of territory on the south side of 38th St. from Eastern Ave. to Emerson Ave.; creating a loading zone at 124-126 S. Meridian St. in front of the House of Crane, and making a oneway street from east to west on Court St. and Pearl St. from New Jersey St. to West St. and Louisiana St. between Noble and East Sts.
Other Action Deferred
Acton was deferred on a proposed bill which would prohibit truck traffic on Pennsylvania St. north of 38th St.; provide for the inspection and weighing of coal sold in the city; provide a $110,000 bond issue to complete the new wing on the City Hospital, and one which would Sjeate a “housing authority” for the city. Mrs. W. C. Smuck, 4802 N. Pennsylvania asked for the truck ban. Councilmen said they were awaiting a court decision on whether the City has the right to make such bans. Among the proposed ordinances introduced last night was one which would make the new truck route into the northeast section of the city a preferential street. Another would amend the traffic code to require trackless trolleys to pull to the curb when an emergency vehicle is passing if outside the downtown area, and stand still if in the downtown district.
WILKINS TO RENEW SEARCH FOR FLIERS
EDMONTON, Alta, Nov, 16 (U. P.) —Sir Hubert Wilkins, famed Polar explorer, awaited weather reports from the Far North today before resuming the search for six missing Russian trans-Polar fliers, lost in the Arctic wastes since Aug. 13. Meantime, in Fairbanks, Alaska, Soviet Commander Alexei Graciansky announced abandonment of his part in the search for Sigismund Levanevsky and his five companions. He said he believed everything possible had been done in the hunt for the airmen.
PAINTER CRITICALLY ILL
LONDON, Nov. 16 (U.P.).—Physicians entertain “gravest anxiety” regarding the condition of Philip de Laszlo, internationally famous painter, it was announced today. De Laszlo suffered a heart stroke yesterday. Lord Dawson of Penn, physician to the King, and other doctors spent the entire night at his
bedside.
NEW YORK 80 BROADWAY
STOCKS - BONDS - GRAIN «
Since 1880
CHICAGO $32 8. LASALLE ST.
COTTON - BUTTER - EGGS
James E. BEnnerT & Co.
BROKERS PRIVATE WIRES TO ALL MARKETS -ALL BRANCHES MEMBERS
ALL PRINCIPAL EXCHANG STOCK EXCHAN
w YORK
GRAIN EXCHAN
James Dalhover, last of the Al he left Federal Court at Hammond
bank robbers. SOUTH BEND,
hear evidence and fix the penalty. fix on a guilty plea without a jury
Goodland, Ind., bank.
Brady gang, is shown in center, as after pleading guilty to the murder
of State Policeman Paul Minneman during the pursuit of the gang of
Nov. 16 (U. P.).—James Dalhover, undersized Al Brady gangster, was placed in solitary confinement here today to await sentence Dec. 6, for the murder of State Policeman Paul Minneman. Dalhover pleaded guilty yesterday when arraigned at the Federal Court in Hammond. Judge Slick ordered a jury impanelled Dec. 6 to
The maximum penalty a judge can is life imprisonment.
Minneman was killed May 25 when he attempted to capture Dalhover and two other Brady gangsters after the $2500 robbery of the
To Be Feted
the Columbia Club here.
pelier Seminary, Wesleyan University and Boston University, is a 32d degree Mason, a member of Phi Delta Phi, legal fraternity; American, Middlesex and Boston Bar Associations; the Boston Chamber of Commerce; the Bostonian Society and several social organizations. Mr. Walker has a son in DePauw University who is a fraternity member, Nominating committee members are John K. Ruckelshaus Jr., George Denny and Carl Fisher. Song committee, members are Webb Donaldson, Sheldon Miner and Mark Pangborn. ' Bob Richie is to be chief songster. James Gavin, Indianapolis, national treasurer 33 years, will present a scholarship to the chapter having the highest scholastic standing.
INDIANA WOMAN GIVEN SENTENGE
Charged After Altering Testimony in Chicago Damage Suit.
CHICAGO, Nov. 16 (U. P.).— Frieda Hanief, 34, Michigan City, Ind., was sentenced to 30 days in
the Cook County Jail today for contempt of court in connection with perjured testimony during a $50,000 damage suit against the Monon Railroad. “Justice shall be meted out,” said Judge Paul V. McWilliams in sentencing her. “The law is going to take its course and it happens you are the first one who is going to be met by the consequences of what was done in that trial.” A Grand Jury, meanwhile, considered indicting Miss Hanief and six other persons, including 9-year-old Rosemary Kieffer, who won the judgment, for their part in the fraud, which was revealed after Miss Hanief changed her testimony. Miss Hanieff was a key witness in Rosemary's suit against the railroad, in which she charged it with responsibility for an accident in which she lost her right eye. “If it hadn’t been for the voluntary information this woman gave the Court, the fraud never would have been uncovered,” Mr. Smith said. “She's entitled to some consideration for that. I think she has performed her duty. She risked punishment by coming over here from Indiana to tell about the case and I think she should be punished, but leniericy should be shown.” Judge McWilliams said the damage suit trial “was saturated by
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Beta Theta P1 National Head
at Banquet Here
Clarence Newton, Boston attorney and Beta Theta Pi national president, is to be honored Nov. 24 at the fraternity’s 52d state banquet in
DeLoss Walker, New York, Liberty magazine associate editor, is to speak, and Joseph J. Daniels, Indianapolis, is to be toastmaster. Mr. Newton, educated in Mont-®
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Joseph J. Daniels
untruth,” adding the only reason he had let the case go to the jury instead of directing a verdict was that he felt it was the jury's duty to dee cide the case. “The story presented by the plaintiff was so crude only the most gullible could believe it,” the judge added. Mr. Brown said Harold Jackson, Rosemary's attorney, was released on bond but four other persons were held in jail. Rosemary and her
sister, Margaret, were sent to the Juvenile Detention Home. Those in jail were William Kieffer, the child’s father; J. J. Stahl, Jackson's investigator, Edward Szczpanek and Leonard Laymen, both of Michigan City, witnesses in the case.
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