Indianapolis Times, Indianapolis, Marion County, 22 November 1937 — Page 11

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NEW YORK STOCKS i re : = IT SESSION OF

MONDAY, NOV. 22, 1087

+ U.S. STEEL LEADS ~*~ STOCK LIST DOW T0 TWO-YEAR LOW

Many Leading Issues Break to New Lows.

NUXILIARY ENDS

“Adjournment Preceded hy " Roll Call of 1938 Membership.

Revorts of national committee leaders were heard today as the | American T.egion Auxiliary conference in the War Memorial Building

neared conclusion this afternoon. The national telegraphic roll call of 1938 membership was to precede |‘ adjournment, ‘with ‘a ‘round-table discussion for secretaries to follow, Discussing Americanization activities of the Auxiliary were Mrs. Ernest G. Rarey, Cleveland, nationalization chairman of the Americaniza- | tion committee; Mrs. Charles F. |‘ Murphy, Northville, ‘Michigan department president, and Mrs. A. A, Pantelis, Chicago, Illinois depart ment chairman.

Outlines Welfare Program

The Auxiliary’s child welfare program for 1938 was outlined by Mrs. | Ruth Mathebat, Alameda, Cal, na- | tional child ‘welfare committee chairman; Miss Emma ©. Puschner, | CHICAGO, Nov, 92 (U. PHA Indianapolis, child ‘welfare ‘division | | national director of the ILegion; weak stock market tone had a bear- wrrs, 'M. K. Elbertson, Milwaukee, | 4 |'ish ‘effect on grain in the pits of the Wisconsin department president, . "Chicago Board of Trade today. and Mrs. W. Harvey Stegiman, Duh- | Wt ‘the ‘end ‘of ‘the first hour wheat | Kirk, New York ‘department presi- | ras 13% to 13% cents lower. Corn | ie wes. : | Speaking on ‘publications ‘was was 1% to 1cent lower, and oats were | ‘wires, William H. Biester, Philadel-

e Last Change 10% 20%; 28 SM 53%

High Low +. 010% 1034 .. - 220% 20% .~28 28 Ce and 534 228% 26% 92% 513 41, 41; 13% 13%

‘Net [ Last Change 634 12%

‘Net High Low Last Change | nt T&T oo Intst DS

=.

Alaska Jun ... + 1 | Allied Stores .. Am B® Johns-Man 3 |

4 > Kennecott viv P&L 5 pf A 37 Kroger ‘G&B .. Rad & SS 123;

Roll Mill .. 22 Si 443;

Vadsco Sales.. k Va-Caro Ch....

Va-Car 6 pf....

I++

Leh Val RR... Lehman Loft Inc Lorillard Ludlum Stl ....

% | | Vy | 8, | 1 a 11;

+

Walker (H)

Porker Prices Drop 25 Cents To $7.90 Top

Competition from the poultry market caused hog prices to drop | 25 cents on all ‘weights, according [to the Bureau of Agricultural Economics. The loss was cushioned by many premium sales mounting to 5 cents over the schedule. Top was $7.80 on choice 140 to 160-pound weights. Packing sows eased 10 to 25 cents, with heaviest packers | taking the minimum decline. Bulk p ints. vg) as sold sparingly Many leaders made new lows, In-| ‘geal pre-holiday ‘dullness ‘ran cluding American Smelting at 42, {hrough the entire fat cattle trade off 3; Case 85, off 3; du Pont 105%, [Hesbite Te which ‘would ‘ordiirs. : . inarily be absorbed readily. Few Wit S50) shi Midtvite 8s, URE NS; transactions at $9.25 down on steers Sears Roebuck 53, off 3%, ANd 1,apag weak against recent declines. Union ‘Carbide 6212, off 3. | Killing quality held nothing attracChrysler broke 43; points to 53%.

tive except one load ‘which held General Motors lost nearly 2 points.

laround $11. Many bids on cows were , | 25 cents lower but scarcity in this Bethlehem dropped more than points.

“| division kept values from any maNonferrous meta

Anaconda Armour Il .... Armstrong Ck . Asso Dry Gds . Atl C Line

Kil

Man Marine Mid

‘Marshall Field. Ey

7 a

8 8 % 14

FIE1 1114:

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Bald Loco ot wi Balt & Ohio .. Barber Co

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| Woolworth

NEW YORK, Nov. 22 (U. ‘ P).—T. S. Steel ‘common stock broke to a new low for the year at 50 off 314 today, leading the stock market into new low ground for more than 2 years. As the session went into afternoon trading the list was down 1 to © |

Vy Ya

[Yellow Tr Young Sheet .

"|

Murray ‘Nash-Kelv Nat Acme . ‘Nat Biscuit Bond .

Can Pacific Case, J I Celanese Cent Foundry Cerro de Pasco Certain-teed Ches & Ohio Ch & Nw Ry . Chi Pneu T Chi R1& P Chi R T&P 7 Chrysler Colgate-P-P Col Fuel & Iron | Com Credit .. Com “Inv Tr ... Com Solvents Commonw & So Com & So pf Cons Aircraft Cons Fdison .. Cons Oil . = Cons Coal vtec. . Container -..... 1 Cont Can Corn Prod Coty

CELIFIIINI

Weakness in Stock Market Causes Grain Futures To Decline.

v1

. 5 | No Amer % “ 'No Am Avn ...

a | s | Ohfo_ Oil : [Otis Elev —"8% | _® | pacific Ltg Packard i; Panhandle . Paramt Pict ... Para Pic 2 pf. Park Utah .... Parke Davis .. Parker Rst Pri. Pathe Film . Penn D Cem .. Penn RR ...... 2 Phelps Dodg .. Phillips Pet

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Mrs, Maleolin Douglas (left), new American Legion Auxiliary Tv tional president, discusses policy matters with Mrs, Oscar W. Hahh,

terial loss. ‘Common and medium Is ‘weakened ‘with | heifers predominated from $5 to International Nickel off 2. lost more than 2.

Loew's | $7.50. Bull prices dropped 25 cents Gold ‘mining issues alone resisted

the decline. Dome Mines held a gain ‘of more than a point. Utilities ‘declined after early steadiness. ” n n

Todays Business At a Glance

GENERAL BUSINESS

Bureau of Internal Revenue, October, small cigaret ‘production 13.892 142 613, record high vs. 13,203,851027 vear ago; large cigar output

: v off 33.549.153 to 517,6555.260; small | i3

cigar output 17,897,560 vs. 17,140,080 year ago. CORPORATION NEWS

Allied Kid Co. ‘October sales $603.025 vs. $841,330 year ago, 10 months $8,843,283 vs. $7,846,313 year ago. Brown Sugar Co. Inc, and subsidiary, fiscal year ended Oct. 31 net profits $793,251, equal to $3.20 a

common share Vs. $602,746 or $2.44 |

previous year. Commonwealth Edison Co. and subsidiary, ‘October net income $1, 605787 ws. $929,912 year ago; 10 months $12,280,997 vs. $7,980,634 year

ago. Connecticut River Po nine months net income vs. $1,019,055 year ago, $1,568,760 Vs. $1,329430 months. : Northern Indiana Public Service Co.. October net income $177,594 vs $180.764 year ago. : South Porto Rico Sugar Co, fiscal vear ended Sept. 30 consolidated net profit $2,537,527 equal to $2.86 a common share vs. $2,635,180 or $3 previous year. Walgreen CO. fiscal year ended Sept. 30 consolidated net profit $2,755,822 or $187 a common share vs. $2.784,9503 or (Copyright, 1837, bv United Press)

N. Y. Bonds

By United Press BOND PRICE INDEXES 20 20 20 Indus. Rails Util 704 M48 736 95.6 nRs5 9.3 98.8 106.0 101.2 106.0 70.4 923

wer Co., first $1,138,903 12 months previous 12

80 Bonds 82.5 84.5 ’5.& 99.7 100.7%

Saturday Week ago Month ago... Year ago 1937 High

Nov. 22 (U. P.).—Bonds Net Change 7

W% 1,

NEW YORK, opened steady.

Allies Chal oe T & T S%s "61

“-

Penn ; So Cal ‘Gas 4'2s .. Walker, Hiram 44s

Curb Stocks

By United Press NEW YORK, Nov. 22 (U. P.).—Curd 5 1 firm, e stock. opened firm OR ie Am Super Pow x Assoc G & E Bunker H & 8S ....v Cities Serv

Technicolor «uss Un GES 1 revrevns Un Lt & P A

FOREIGN EXCHANGE

NEW YORK, Nov. 22 (U, P.).—¥Foreign exchange easy. Cable Net

Rates Change 5.00% -. 00's

eee 4.905% - 00% «+-1.00 3-16 <.00 1-64 0340's -— 0000 vee 002612 000042 elga) «vv 1701% «0001 « 4044

+ «2935

England (pound) .. England (60-day bill rate) QOanada (dollar) France (franc) ss... Italy (lire) Belgium (b Germany (mark) Germany (travel TRNATRY nouns Switzerland (franc). Holland (guilder) Spain (peseta) Sweden (krona) Norway (Krone) .... Denmark (krone) Australia (pound) ..4.0 Austria shilling) «. .1896 Czechoslovakia (koruna) - aan 0302 Finland (markka) .. .0222 Greece (drachma) . .0092 Jugoslavia (dinar) . .0235 New Zeala veees 4.03%

(pound) . Poland (zloty) 1898 0455% 0074 3338

+-.0025 2315% —. 0001 % 5550 «0001 UU 258 a

Portugal (escudo) .. Rumania (len) Argentina (offl. Peso) Argentina (unofil. PESO) + ..cisvaees ow Brazil (milreis) «... | Chile (peso) Peru (sol) v Uruguay (peso) ..... 5500 Mexico (silver peso) . Pongkong (dollar) .. . Shanghai (yuan) India (ruppee) Japan (yen)

U. S. STATEMENT

WASHINGTON, Nov, 22 (U. P.) —Government expenses and receipts tor the current fiscal year through Nov. 19, come pared with a Year ago: his Year Ex .. $2,948, 343,922 61 . 2,224,977,583.52 723.366.339.09 538,892 769. 59,741 673. 2,924,

nses ipts

Customs .. Inac. GoM INDIANAPOLIS CLEARING HOUSE

Clearings aaa 541,000 De its eth EER LIRR RRR RARER ton

$3.04 previous yeal. |

82.3 |

lon all grades. Vealer prices were steady with | good to choice kinds cashing from [$11.50 to $12. | Lambs recovered slightly from the close last week under light receipts land some pick-up in local demand. In a strong to 25-cent higher trade, | fat lambs bulked from $8.75 to $9, a load of choice 98-pound fed | Northwesterns included at the latter price. Half fat and unfinishad offerings ranged from $5 to $8. Siaughter ewes responded with a 25-cent rise, choice handyweights topping at $3.50.

| (Reprinted From Late Times Saturday)

HOGS To! $9.Ts

9.00 8.90 8.90 8.55 . 106 8.30 20. T.85@ 8. 8.05 Light Lights— (140-160) Good and Medium . Lightweights— (160-180) oa and

M (180-200) Medium

(200-220) Good 1220-250) Good Heavyvweights— (250-290) ‘Good d choice.. 1290-350) Good and choice.. Packing Sows— (275-350) ‘Good (350-425) Good (425-550) Good (275-550) Medium Slaughter Pigs— (100-140) Good and cho Medium

CATTLE —Receipts, 250 (550-800) Choice Good .. Medium .. Common (300-1100) G

Receipts 1800

EE 55505 % 05 DB

choice... ‘choice . .

choice . . choice .

a O93 S99 Sa-9-9069% RNID SONOON <

XRD WAL FHT SG AnoS Sion

ice...

CO { (1100-1300) G

M (1300-1500) Good

(550-750) G [email protected] 5.00@ 8.75

'5.25@ 8.75

Common Good and choice ommon, medium.

(750-800)

| Commbnh, medium . Low cutter and cutter

Crane Co .... Crane ‘Co cv pf Crown Cork.... 303 Crown Zeller ..

uba Co Nu Cub-Am Sug ..

Curtis-Wr

Curtiss-Wr A...

Deere & D Lac Dixie-Vortex Dome Mines Douglas Air Du Pont

y Co & W

. 213

. 1 « 11a

~

3s 3s 48%

dm

Eitingon Sch... Flic, Auto-L Fl Pwr & I

3% "

3% < 0 13%

Fair Morse ... Fed Screw Fed Wat S A... First N Strs... Flintkote

Cable . Cable A... Electric. . 3¢ Gen F¥oods .... Gen Motors... Gen BER. Gillette SR... Gobel, Adolf... Goodrich Goodvear Granby Gt Nor ‘Ore ....

Gen Gen Gen

Hecker Prod ... Holly Sug .. Homestake Houd-Her B . Houston Oil ... Howe Sound Hudson Motor Hupp otor....

Indian Rel . Tngersoll Rand Inspiration Cob Inter Tron . Harvester... Int 'M Marine &T Foregn 1 ickel .... 39° Int P&P ...... P&P Df...

Int 4315

5 LUMBER ACTIVITY

CONTINUES LOWER

WASHINGTON, Nov. 22 (U. P). ~The downward trend ih lumber activity continued unabated in the week ended Nov. 13, production falling to 53 per cent and shipments to 44 per cent of the 1929 ‘weekly averages, the National Lumber

Good (beef) oN oe i Cutter, common and medium.

WVealers —Receipts, 50= ! Good and choice

Medium ..... Cull and medium ..........w

‘Calves

(250-500) Good and choice... [email protected] | Common, medium. 550@ 8.00

Feeder and Stocker Cattle Steers

[email protected] 6.00@ 9.50

(500-800) Good and choice. 'ommon, medium. (800-1050) Sond

7.25@ 8.75 5.50@ 7.25 | 7.25@ 9.25 | 5.50@ 7.25

7.00@ 9.75 525@ 7.00

4.75@ 5.50 4.20@ 4.5

and choice. ommon, medium. Heifers— Good and choice Common and medium...... | Cows— Good Common and medium

SHEEP AND LAMBS -Receipts. 50-=

Lambs Choice Good Medium Common Shorn Ewes ) Good Co

(90-175 : mmon, medium.

CHICAGO, Nov. 22 (U, P.) —Hogs—Receipts, 26,000, including 9000 directs; mar. ket olosing active, 10 to 15 cents lower than Friday's average; top, $8; 160-500 Ibs. $785@ 17.95; few 140-150 lbs, $7.65@ 7.95; few butchers over 300 Ibs, $7.50@ 7.75; packing sows, $7.15& 7.50. Catile—Receipts, 15,000; calves, 2500; fed steers and vearlings, unevenly steady to 25 cents higher; most steers, $8.25@12; early top, $13, but $16 bid on strictly good to choice offerings; stockers and feeders, steady; beef cows, slow, steady; cutter grades, strong; bulls, 15 to 25 cenh high?r; vealers, steady; bulls, $6.50; vealers, $11. Sheep — Receipts, 6000, including 100 directs: fat lambs, slow, mostly steady; good to choice offerings, mostly around $8.75; early top, $9 to small killers; shel P: weak: native slaughter ewes, [email protected]; yearlings and feeding lambs, csarce.

LAFAYETTE, Nov, 22 (U. P.).—~Hogs= Market, 25 to 30 cents lower; bulk 140-170 Ibs., $7.65@ 7.75; 170-200 Ibs, $7.50@ 7.60. 200-250 Ibs., $7.306 7.40; 250-325 Ibs., $7.10 @%.30;, 100-140 ibs. $7 25@ 7.5; roughs, $6.75 down. Calves, $11, Lambs, $8.

FT. WAYNE, Nov. 22 (U. P.).—Hogs= Prices 20 to 30 cents lower; 140-160 Ibs. $7.60; 160-180 Ibs., $7.50; 180-200 Ibs., $7.40; 200-225 1bs., $7.30; 225-250 Ibs., $7.20; 250-75-360 1bs., $7; 300-350 Ibs. . 37.25; 100-120 lbs. $7; $5. Calves, $11.50.

roughs, Lambs,

stags,

CHICAGO PRODUCE

Eggs — Market, steady; reecipts, 3279 cases; fresh graded firsts, carlots, 25%c, less than carlots, 25%¢, extra firsts, carlots, 27%%¢c; less than carlots, 27'zc,; storage checks, 15¢; current receipts, 23c; storage @irties, 17c; fresh checks, 17¢; refrigerator extras, 19%c; refrigerator 18%¢; refrigerator standards, 19¢. Butter -- Market, firm: receipts, 8694 tubs; extras (92 score), 37%c; extra firsts (90-911, score), 35V.@36%c; firsts, 2% @ 33%¢c; seconds, DSL; specials, J84@ 38340; standards, 35%c; centralized score), id centralized (88 score), 32%e. Poultry arket, easy; receipts, 3 cars, 51 trucks; geese, 16¢: ducks, 16% @190; Spring chickens, 206 32%c; hens, 16%@ 20c; roosters, 14@lbSc; broilers, l4@ide; turkeys, 17@23%ec: horn hens, 15¢. heese—Twins, 19@19%¢; daisies, 19%4@ 19%c¢; longhorns, 19% @19'%0, Potatoes—Supplies, moderate; demand, fair; market, Cay Idah

firsts,

C , A153 ) x rly O y $1.10 1.20; North Dakota Bliss Triumphs, $1.20: Wisconsin Round Whites, $1.15; U. S. Commercials, $1.05, M'chigan MounRtath VU. FO TA rrivals, 138; on, track, : i 503, Saturday; 57. Sunday. pas i

See Final Edition of the Times for Closing Stock Quotations and Other Late News

Manufacturers Association report ed today. The 543 mills reporting for the week, 4 per cent less than the 564

181.195.000 feet of hardwoods and softwoods combined, a decline of 15 per cent from the preceding week's figure of 212,500,000 feet. Shipments totaled 145452000 feet and new orders 142,602,000 feet, compared “with 185,106,000 feet and 157,045,000 feet, respectively, a week earlier, recessions of 21 per cent and 15 per cent. The week's output was 25 per cent in excess of shipments and 27 per cent greater than the new business booked. Softwood mills reporting for both

vo | 1936 and 1937 reported production | this year as 7 per cent below the | corresponding week last year, while

shipments were 18 per cent lower and new business 24 per cent lower.

Plymouth Oil .. Postal Tel pf .. Press Stl Car .. Public Serv Pullman Pure Oil Purity Pa

dd

Radio Radio pf N ... Radio-K-Or Rayhestos Rem-Rand Reo Mot Republic Stl ... 1 Republic Stl pf

v5 | Sehentey Dist .

| Seabd Afr ~ |‘ Seab'd Oil .... Sears Roebuck. Sharp & D.... Shattuck Simmons _..... Simonds S & S Smith-C-T cts. Snider Pkg .

FEEFFREFEFFER NAF I AAG aedman

FVITEr£r£01 0s:

TIES

Fa

PPPIED):

Sunshine Min .. 14 Swift & Co +.

Tenn Corp ...«» Texas Corp. ....

Tex Pac LT ...

Transamerica Tri-Cont Traux Tra .... 20th Cent-Fox . Twin Coach ...

Und Ell Pish .. 53 Union Carb ... 65% Un Oil Cal 19% Un Tank 2 Ve Un 181% Un Air Lines .. 7 Un Carbon .... United Corp .. United Drug ..

SCRAP STEEL PRICES DECLINE 75 CENTS

CHICAGO, Nov. 2 U. P= | Dealers in steel scrap cut the mar|ket 75 cents per gross ton over the

49% 3% Th

[email protected] | a week earlier, had production of Week-end, it ‘was reported ‘today.

|The new Tahge oh humber one heavy melting scrap is now $11.75($12.75. | Wirtual nonexistence of a market | ‘was said to have promised the newest drop in the market, although la sale at $12 per ton was believed to have been made. No confirma= | tion of this sale could be secured, | however. While nearly all observers are at odds in their opinions of the mar- | ket, it was almost unanimous that mo improvement in the market |could be expected before the turn |of the year. Brokers are still entirely out of | the market and yard dealers report they are receiving but little sorap from the regular sources of supply.

Story of the Faithless Trustee,

Can It Possibl

By JOAN

y Be Uncle Sam?

T. FLYNN

Times Special Writer NEW YORK, Nov. 22.-—This is the story of the Faithless Trustee.

Once upon a time there was a

could never save enough money to one day he said to the poor man: “I think it is high time you made some provision to care for your=self when you are too old to work. I therefore suggest to you that you come to me every month and give me 2 cents out of every dollar you earn. “Keep this up until you are 65 years old and then I will start paying vou a sum of money each month which at least partly will care for you.” This seemed to please the poor man. But there was one point on which he was not clear. “What,” he asked, “will you do do with the 2 cents I give you out of each dollar? Who will that belong to and how will you protect in» “Well,” said the Great Good Man, “that money will belong to you. Tt will all be put into my hands. We will call it a ‘reserve’ and it will be available for you when it is needed.” This satisfied the poor man and

? lhe proceeded to pay his money ers | each month faithfully. He kept it

up for 30 years. By that time the money with the interest agreed on, amounted to quite a few hundred dollars. Then the time came for the Great Good Man to pay some of this reserve to the poor man. But when the poor man called for his money the Great Man said he did not have it. “But what has become of it?” the poor man asked. His rich friend told him sorrowfully that he had spent it all; that he had borrowed it himself and used it to pay his own bills and that now it was all gone.

The poor man told the tale to the

poor worker whose hard lot excited

the sympathy of a Great and Good Man, He saw that the poor man

take care of him

8B

in his old age. So

world and the world promptly branded the Great and Good Man as the Faithless Trustee. Now millions of poor men this year have handed their Great and

Good Friend, Uncle Sam, some 385 million dollars. It is supposed to be in a “reserve” against the day when the poor man may heed it for their old age. Uncle Sam has loaned the money. He has loaned it to himself and he has spent it already. It didn’t last long. If the poor men keep this up, in 40 years they will have handed to Uncle Sam the gigantic sum of 40 billion dollars. And Uncle Sam will have spent it all=every last eent of it. He will still call it a “reserve.” But it will be a reserve only in a Pickwickian sense. The money will be Lowy at kind of a trustee does that make Uncle Sam? Of course Uncle Sam may think he will never be broke and that he can always dig it up if he has to. But can he? Could he dig up two or three billion now in addition to all the other things he must dig up! And how would he dig it up? And out of whom? Forty years from now, when he owes the old age fund 40 billion which he has spent, the poor men will go to him for it. He will tell them not to worry. He hasn't got the money, but he can raise it. All he has to do is tax. “But whom will you tax?” the poor man will ask. But we need not record the answer as it is to funny.

% to 3% cent lower. phia, chairman of the national pubThe ‘Tharket opened lower on |licity committee; community service

profit-taking in Liverpool and broke | program, Mrs. Lawrence Smith,

“| Racine, Wis, national community further on weakness in the NEW |garyice committee chairman; junior York stock ‘market.

Some of the activities, Mrs. Willis ©. Reed, Viniselling ‘was by houses with Eastern | ta, Okla., junior activities committee connections. Lack of news of strict- nationalgchairman, and membership, ly grain interest has turned trad-| Wirs. Bugene Shepley, Seattle, haers to the stock market tape for in-| tional ‘membership chairman, and dications of ‘what to expect of the | ws, WM. Myrton Skelly, Des Moines,

market. Receipts were 113 ears. Qorn dipped in sympathy with

resting orders. Trading

were 274 cars.

WAGON WHEAT City grain elevators ‘are paying for No. 2 red, 85¢; other grades on their merits. Sash torn, new No. 2 yellow, ¢le. Oats, 27e.

ARGENTINE GRAIN

BUENOS AIRES, Nov. 22 (U, P.).=Graln a a opened irregularly higher, Wheat —~December, $1.08%, up loc: February, $1.03, up * Corn—December, 65%¢, up The: February, 653%, un %c, Oats—Spot, 29150, unchanged. Flax—November, $1.33% unchanged, February, $1.24%, unchanged.

LIVERPOOL WHEAT

2C.

Prev h Low Close close 7 $1.19% $1.19% $1.18! X 1.15% 1.15% 1.15% 1.16% 1.14% 1.15 1.14%

DAILY PRICE INDEX

Dee,

price index of 30 basic commodities, compiled for the United Press (1930-

> | 1982 average 100):

Saturday Week ago . Month BELO uu Year ago 19387 high (April 5) .. 1087 low (Nov. 19)

seer

LOCAL ISSUE

(By Indianapolis Bond & Share Cord) The following quotations do not represent actual bids or offering, but merely indicate the approximate market level ased oh buving and selling inquiries or recent transactions.

BONDS

(TH) 4'%s 861.. [ DYas. BY. .

Azkad 103 105 10614 1051 100 B55 a0

103 104%

Ind Asso Tel 5%s 65 ..... 2 Indiana Tel Co 5s 60 Ind Railway Inc 5s 67. ... ’ Thterstate Tel & Tel 5's 54. 87 Indpls Water Co 3'%d 66 Kokomo Water Works 5:5 58 Moreh B5&-10c Stores 55 50 }

Trac & I. Bs 44... “ T H Water Works 5s 56......10 H Water Works 6s 49 T H Water Works 6s 49 Trac Term Co 55 57 BTOCKS Belt RR Bt Yds com... Belt RR St Yds pfd Cent Ind Pwr 7% pfd . Home T&T Ft W 7% pfd..... 5 Hook Ye nd & ich E Ind Gen Serv Co. ... 10 Ind Hvdro Elec 77 pfd «.vv 0 2 as Co com 20

ub Serv pfd 677 va Thd Pub Serv Co pfd 7%... uh Serv of Ind pfd 67 1 ub Serv of Ind 17% Y Progress Laundry Co com 67 Smith Alsop P&V pid Smith Alsop P&V com ES Terre Haute Blec Co 67% ...... 04 Union Tit! 5 com van Oamp Milk Co pfd Van Camp ilk Co com... (By M. P. Crist & Co.) Market ®t. Thvesting Corp 2293

KIWANIS OFFICIALS TO CONTINUE SCHOOL

A ie

flory com + | hy Serv Co pfd 52% 4

A general conference of presi dents, secretaries and other officials of the Kiwanis, will be held in the Columbia Club early in December, club officers have announced. The conference will be a continu ation of the “training school” held

last night in the Columbia Club. Bridge Abrams, Greencastle, The diana Kiwanis governor, led a dis. cussion of olub business, Charles

ant governor and William PF. Loper, Eighth District lieutenant governor,

also spoke,

New Business Books Available at Library

The following new business books how are available at the business branch of the Indianapolis Public Library:

WOR SS AND THE B NG NE / Re . ren and Frank A the changing values of money, the

tron, ost, important, business factor is i TY. THE SRE Fol Us AND PROF. ITs, by er Morell, Are many of the products that are advertised on the radio mold through exaggerated claims? I ¥ ADVERTISING, WR AD SRR BINING, by Carroll Larrabee, '‘Stop-and-go”

lightx for the merchandising execu» tive,”

SOCIAL SECURITY. by Maxine S, Jewart, Issues ih mocial security {slation which will occupy the

uhlic in the ne ve vears : patiubigi h EXECU - by Alvin Lov , New dition. Includes new ohe

pevchology and salesmans Po | ahd the

re ars ext to

hortance of personality, court phat and edules explaini mechanics apartment m

.

wheat but encountered buying on | activity | was rather moderate, Corn receipts |

, [of the TFidac Auxiliary,

Schwartz, Seventh District leuten=

| Towa department secretary. | The conference was attended by department presidents and secretarjes from throughout the nation. The ‘executives opened the session at 0 a. Wm. under the gavel of Mrs.

president. Delegates from Alaska, Hawaii and the Panama Canal Zone attended the. executive sessions. Representatives of the men's organization, including National Commander Daniel J. Doherty and National Adjutant Frank BE. Samuel, brought greetings. Fidac Head Speaks

Wis. 8. Alfred Blackburn, Ver|sailles, Ky., American vice president reported | yesterday on the Fidac meeting held [in Paris last month. She outlined the Auxiliary’s work in promoting international good will and wunder-

| WEW YORK, Nov. 22 (U. P)= standing. Dun & Bradstreet's daily weighted

The Legion Auxiliary's plans for lsupport of an adequate hational | defense to safeguard peace of the | United States were explained by

11799 mrs. Bden P. Keen, Homedale, Pa. | 119.18 | .. 125.10 | sented by , 183.02 | Washington, Legion national legis 158.26 lative director, VR 117.80 | Miller, Anthony, Kas, chairman of

The legislative Program was po=John Thomas Taylor, and Mrs. Myron

| the Auxiliary's hational legislative committee,

MINISTER TO SPEAK AT HEALTH MEETING

| Speaking on “The Medical Pro- | fassion and Social Work,” the Rev. | Alphonse M. Schitalla, St, Louis, is to address the second of a series of | health meetings conducted by the Thdianapolis Council of Social Agencies in Central Y, W. C. A. toMorrow, : The Rev. Mr, Schitalla fs to be introduced by Dr. W. D, Gateh, Tn diana University medical school dean. The speaker is St. Louis Unt= versity medical school dean, former president of the North Central Association of Schools and Colleges and has served as instructor in sev= eral colleges.

_ ATTACKER IS SOUGHT

IN WOMAN'S DEATH

Investigation into the death yesterday of Mrs, Hattie Dickson, 68,

Booher,

Mrs, Dickson died following ah

: | fllness of more than three months. 21, | Dr. Booher said Mrs. Sylvia Scercy,

a voomer at the N. Delaware St. ad dress, told him Mrs, Dickson had died from injuries received when she was beaten by a man sometime ago. Dr. Booher said City detectives to day were wmeeking the woman's al leged attacker.

DENIES THAT PARENTS CREATE CHARACTER

"Parents cannot build character; each boy and girl must build it for himself,” Dr. W. P, Dearing, Oakland City Oollege president, told a Y. M. C. A. Big Meeting audience yesterday in English Theater, EN said the “do-as=you-please” attitude was responsible for a large part of crime. “The Hoosier Schoolmaster,” a dramatic impersonation, will be pre= sented by Noah Beiharz next Suns day.

STRICKEN FATALLY

Mrs. Lola Bartley, 710 N. Illinois St, died yesterday of heart disease, She was 65. She was walking with Harry Burns, 68, of 408% BE. Washington St, when she complained of feeling ill. She was carried to a nearby hotel where she died shortly afterward. Dr. Norman Booher, deputy coroner, investigated,

"FOUND UNCONSCIOUS ON SIDEWALK ICE

A man identified by an drivers’ license as W. H, Bowling 37, Bloomington, remained in a serious condition in City Hospital

Maleolin Douglas, Seattle, hational

of 807 N. Delaware St, was opened | today by Deputy Coroner Norman |

auto |;

here,

Wayite, Neb, retiring president, at a meeting in the Legion headquarters Mrs. Hahn has been hamed finance committee chairman,

City’s Churches

| their classes at 8:30 a. m. Monday.

Set Programs

For Thanksgiving Observance

Fndianapolis churches and other civic organizations are to observe Thankseiving with special services and social programs this week, Schools are to close at 3 p. m. Wednesday and pupils will return to

{ Among the holiday religious services will be the annual Thanksgiving

| program of the Emmanuel Baptist, [Preshyterian Church in the latter's building, 828 ®lm St, at 10 a. m, Thanksgiving Day. The Rt. Rev, Joseph M. Francis is to preach at an interparochial service of ull Indianapolis Episcopal Ohiirches ih the Christ Episcopal Church on Thanksgiving Day. The holiday will be observed by the Margaret McParland School Parent-Teacher Association by a chile and oyster supper, fair and Thanksgiving food market tomorrow. Plan Community Services

The Rev. J. Ambrose Dunkel is 10 speak on “Practical Thanksgiving” at services in Tabernacle Presbyterian Church at 10:30 a. m, Thiirsday, while Thanksgiving community services are to be held at 10 a. m. in the North Side Church of God. The Rev, Robert D. McCarthy, ThirtyPirst Street Baptist Church, is to speak. Dr. David Jacobson, Hebrew Temple, is to speak on “Think, Thank and Do,” at union services of Hebrew Temple, Central Universalst and All=Souls Unitarian Church at 10:30 a. m. Thursday in | All Souls Church, | The Broadway M. E. Church choir 18 to present a Thanksgiving musical program at 10:45 a. mm. and at 7:30 p. Wm, Thursday, With Mrs. John English at the organ and Miss Helen Schuler at the piano. A Thanksgiving wervice will be held by members of the Traders Point Hunt at the Salem Church in Traders Point preceding the morning hunt.

Dance Scheduled The Columbia Club i to have its annual Thanksgiving dinner at noon and a dinner-dance from "pm to » p. m, The Junior Columbians will hold their holiday formal dance Friday evening, The Indianapolis Athletic Club will hold their dinner-dance from 6.30 p. Mm. until 8:30 p. Mm. Many of the older members are

Thanksgiving dinner. The Hoosier Athletic Club is planning a formal dance and floor show in the evening. Dinners also are being planned at the country clubs for the holiday. Highland Golf and Country Club members will hold their programs at noon. An informal skeet shooting meet will follow. The Woodstock Club and Meridian Hills Country Club also wil have Thanksgiving dinners at noon. The Hillorest Country Club 18 hold its Thanksgiving dinner-dance the following Saturday. Broadmoor Country Club has invited its mem= | bers to a dinner=dance Wednesday evening with Mrs, Victor M, Goldperg, chairman,

Holiday tor Students

Classes at Butler University will be dismissed at Wednesday hoon with the Thanksgiving vacation last= ing until Monday. Several members of the faculty are planning to spend the holidays attending conventions and visiting relative outside the eity. Pour sororities there will hold holiday celebrations preceding Thanksgiving. They are Kappa Kappa Gamma, Pi Beta Phi, Delta Delta Delta and Alpha Chi Omega. Thanksgiving will be observed at Fort Benjamin Harrison with tur key dinners being served at noon in all the organization mess halls, Brig. Gen, William K. Naylor, post commander, has announced that only minimum duties will be Te= quired of the soldiers that day. The Young Mens and Young Women's Hebrew Associations and Jewish community centers will also join in the observance with discuss sion concerning the biblical origin of Thanksgiving Day. ES a Sa,

CONVERSE PUBLISHER DIES OONVERSE, Nov. 22 (U, P) =Fu= neral services will be held tomor= row for Charles B, Ryder, 65, Oon= verse Journal publisher, who died yesterday, He was active in Republican polities in Miami County,

expected to attend the Athenaesum’s |

Fdwin Ray Methodist and Seventh

w

LOCAL HUNTER'S LEG AMPUTATED

‘Wounded Seriously When Son’s Gun Explodes Accidentahy.

Charles Sharp, 52, R. R. 1, Box 738, was in City Hospital today, the victim of the first serious hunting accident this year in this vicinity. | Physiofans amputated his left leg | yesterday, Mr. Sharp and his son, Jerry, 28, and Hubert VanAdsdal, 151 Harlan | Bt, were walking side by side Sats | urday, hunting quail, The gun held by the younger Sharp exploded acs cidentally, and the pellets broke the elder Shatp's leg. He was taken to Cily Hospital ia an ambulance from Arlington and was Teported by physicians to be suffering serious loss of blood. He was given a blood transfusion after the amputation, Francis Redd, 22, Orange County, was in Robert Long Hospital today with a wound in the right ath and lower lip inflicted accidentally in a hunting mishap, Wis condition as described as not serious, He was chasing a fox and stopped for a moment to reach for his knife in his pocket. ¥e dropped his gun, which exploded when it struck the ground.

AVIATOR-PRIEST DUE FOR ADDRESS HERE

The Rev. Pr. Paul Schulte, flying priest, will lecture on the Aictie regions tomorrow hight in the Knights of Columbus Hall, 1305 N, Delaware St. The lecture is spons gored by the Rt. Rev. Msgr, Mauiice O'Connor of Bt. Joan of Are Church, Father Schulte, who flew in the World War, will illustrate his lees ture with a film of the Far North, He ix to speak in Evansville Wednesday under the auspices of the Rt. Rev, Msgr. Frederick Ketter,

'6 OF HEBREW CLUB

TO ATTEND MEETING

8ix Indianapolis men today were named delegates to the National Tederation of Temple Brotherhoods’ third regional convention to be nald Nov, 28-28 in Milwaukee, They will represent the Men's Club of the Ins dianapolizs Hebrew Congregation, The delegates are: Douglas D. Brown, 437 ©. 38th Bt; Bdward Cohn, 3340 N. Meridian 8t.; Meyer Bfroymson, 3720 N. Pennslivania St: Milton J, Pineberg, 4810 Wash» fagton Vivd.: Louis Jasger, 2033 Washington Blvd, and Jack Kahn, 108 ¥. Washington St

PUPILS AT ATTUCKS TO GIVE 3 DRAMAS

Three one-act plays, “Poor Mads dalena,” “The Trysting Place,” and “Where the Cross Is Made” will be presented at 8 p. Wm. tomorrow by the Orispus Attucks High School in the school auditorium, Ooaches for the plays are J. B Ha , Misses Elizabeth Martin, Emily Garrett, Grace Young, Juas pita Thompson and Blanche Emans uel,

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