Indianapolis Times, Indianapolis, Marion County, 24 November 1937 — Page 11

WEDNESDAY, NOV.

24, 1937

STOCKS FLUCTUATE IN NARROW RANGE;

~ BONDS

As Curb Market Mixes.

NEW YORK, Nov. 24 (U. | P). —Stocks fluctuated in a narrow range in light trading | during morning dealings today and were showing signs of easing in the early afternoon. Bond issues were irregular as U.S. | Government liens were lower. Curb

stocks were mixed in dull trading. Cotton futures firmed.

At noon the Dow-Jones veranes |

were: Industrial, 11532, off 046; railroad, 29.41, up 0.06; utility, 21.43, off 0.10. Sales to noon totaled only 390.000 shares, against 720,000 yesterday. U. S. Steel common stock touched | 493, and then came back to 51%. In the early afternoon it was at| 505. off ® point. Other steels were mixed in a fractional area. Chrysler declined to 54, rallied to | 553, and then sagged to 54:2, off a point. General Motors lost a small | gain. Motor equipments eased small | amounts. Nonferrous metal issues were down fractionally except International Nickel. which had a small advance, and the silvers, where gains ranged to a point in U. S. Smelting. Railroad held better

issues than

RREGULAR

Federal Liens Drop |

Porker Prices Gain 25 Cents To $8.15 Top

Scant supplies locally and around the market circle caused hog prices to advance 25 cents today, according to the Bureau of Agricultural Ecobrome. Buyers absorbed all ar|rivals, and in the desire for more, |select lots drew 5 to 10-cent pre|miums. Top was $8.15 on good to choice 140 to 170-pound weights. Packing sows gained 15 cents, tc bulk $7.15 to $7.65. Hardly enough steers appeared to test values. Nothing in sizable lots |exceeded $7.50. Common and medium heifers and low-priced sows predominated. Heifers sold from $6 to |$7. while common and medium heef cows bulked from $5 to $6. Cutter (grades moved from $3.50 to $5. Bulls [were scarce and cashed at $6.50 laown. Vealer prices were steady at $11.50 down. A comparative handful of lambs | were actively sought after at 25 to 50 | cents higher prices as dressed values |again worked upward. A top of $9.50 [went to some strictly choice offerings, with bulk of the fat lambs from $9 to $9.25. Kinds in common to medium flesh made $6.50 to $8.50, [with a few thin throwouts downward to $5. Slaughter ewes were very |scarce and steady at $3.50 down

other sections and the utilities were |

supported after an early decline. Oils were steady gained more than amusements.

a point in the

= »

Today's Business t

At a Glance

GENERAL BUSINE

Edison Electric Institute reports week ended Nov. 20 electric output 2.224.213.000 kwh vs. 2,176,557.000 previous week and 2,169,715,000 vear ago. Bureau of Internal Revenue reports October whiskey production 7.877.273 gailons vs. 20,298.951 year ago; stocks end October in bonded warehouses 449930,230 gallons vs. 352,619.05 year ago. Bureau of Internal Revenue reports October ethyl alcohol Jroduction 18,786,249 gallons vs. 22,086,895 vear ago. stocks in bonded warehouses end October 16,875,785 gallons vs. 18,842,502 year ago. Engineering News-Record reports construction awards this holiday week $72,481,000, third highest of year vs. $50.142,000 year ago.

CORPORATION NEWS

Wabash Ry. Co. week ended Nov. 20, carloadings 5843 vs. 5939 previous week and 6502 year ago. Illinois Central R. R. October net operating income $2,554,099 vs, $2,214.02 year ago; 10 months, $13,- | 879.241 vs. $12.053.787 year ago. Jewell Tea Co., four weeks ended | Nov. 6, sales $1,849,746 vs. $1,608,626 | year ago, up 15 per cent; 44 weeks, $19,438,161 vs. $16.883.307 year ago, up 15.1 per cent. Oklahoma Natural months ended Oct. net income $1,534,883 vs. previous 12 months. Standard Gas & Electric Co. and subsidiaries, excluding Deep Rock Oil Corp. and Beaver Valley Traction Co. and their subsidiaries, 12 months ended Sept. 30, net income $4.490.410 vs. $4.251,265 previous 12 months.

Gas Co. 12

DIVIDENDS

American Power & Light Co, $1.12'%2 on $6 preferred and 93% cents on $5 preferred, payable Dec. 20, record Dec. 1. Company paid previously this year $1.50 each on $6 preferred on April 1, July 1, ond Oct. 1 and $1.25 each on $5 preferred on April 1, July 1, and Oct. 1 Carpenter Steel Co. interim 25 cents payable Dec. 20, record Dec. 10 vs. like payment Sept. 20. Central Aguirre Associates, 50 cents payable Dec. 20. record Dec. 4; also distribution of 38 cents a share on Dec. 20, record Dec. 4, from net income of Luce Co. by trustee holding the shares of Luce & Co. for benefit Aquirre Associates shareholders. Chicago Pneumatic Tool Co., regular quarterlies 62'z cents on $2.50 prior preferred and 75 cents on $3 cumulative preferred payable Jan. 1 or such earlier date as the treasurer may direct to stock of record Dec. 13. City & Suburban Homes Co. 15 cents payable Dec. 4, record Dec. 1 vs. like payment June 4. Columbia Oil & Gasoline Corp, 40 cents on common payable Dec. 18 record Dec. 3 vs. initial 20 cents Dec. 21, 1936. Eagle Picher Lead Co. 10 cents on common payable Dec. 20, record Dec. 8 vs. 10 cents Oct. 1. Crowell Publishing Co. regular quarterly 75 cents on common, payable Dec. 24, record Dec. 14.

Midvale Co., $2.50 payable Dec. 18, |

record Dec. 9 vs. $1.50 on Oct. 1, $1.25 July 1 and 75 cents April 3.

U. S. STATEMENT

WASHINGTON, Nov. 24 (U. P.)—Government expenses and receipts for the current fiscal year through Nov, 22, compared with a year a o Last Year

This $2 S05! 591, 798. 4 $2. 794 415,318.71 2,247,218,440.19 598,375,420.07

r 1196 1,461,832,183.29 987,809,122.79 6.602.833.91 ,218,294.75

Expenses Receipts 9.898. 64

‘Work. bal. Pub. Debt 3% 082.428, i; Be Gold Res. .12,779,024 426. Customs 176, 20s. ae, 08 1m, 215, 1%. 58

s Pur. Tot Inactive Gold..

Tod 1 Pu $3, ro 48 $1,247, 2, 172. 4

INDIANAPOLIS CLEARING HOUSE Clearings $2,744,000 Debits 8,486,000

Chemical . Commercial Continental Corn Exchange ..

Empire First National Guarant Irvin

Maniitaciurers Ey

to firm. Loew's |

31, consolidated | $836,656 |

HOGS

Bulk $8.75@ 8.90 8.35 8.55 8.10@ 8.30 7.85@ 8.05 7.60@ oe T0@ %.90 7 95@ 8.15 Light Lights— 1140-160) Good Lightweights— 1160-180) Good (180-200) Good 1200-220) Good 1220-250) Good Heavvweights— (250-290) Good (200-350) Good Packin ng Sows-—— (275-350) Good (350-425) Good 1425-550) Good (275-550) Medium | Slaughter Pigs— (100-140) Good and ve TOG Medium 7.35@

CATTLE -Receipts, 400— (550-900) Choice Good Medium Common Choice Good Medium Soniron

Top $8.90 8.55 8.30 8.05 7.95 7.90 8.15

Receipts 7500

and choice. .$ 7 choice. . choice... choice. . choice. .

00@ 95a 90@ 5

and and

and

65% 7.55@

choice. . choice. .

T.40@

[email protected] [email protected] 6.50@ 8.25 . 550@ 7.00 + [email protected] [email protected] 7.00% 9.50 6.00@ 7.25 13.50@ 15.75 [email protected] 7.00@ 7.50 13.75@ 15.75 9.50@ 13.75

(900-1100)

(plain) (1100-1300)

M (1300-1500)

Heifers Choice Good Common Good and choice . Common, medium

(550-750)

(750-800)

Good Common, medium Low cutter and cutter

Bulls

tbeel) .... common and medium. Vealers —Receipts, 400— Good gr choice

Mediu Cull pr) common

| Goecd Cutter,

(250-500) Good and choice ‘ Common, medium Feeder and Stocker Cattle Steers (500-800) Good and choice . Common, medium (800-1050) Good and choice Common, medium

“10-10

BI IB) DC

5.50@ | Heifers— Good and choice .. Common and medium

IY So aon SSD

mon aa

Common and medium SHEEP AND LAMBS —Receipts, 600—

(90-175) Good and choice. 3.25@

Common, medium. 2.00@

CHICAGO, Nov. 24 (U. P.).—Hogs—Receipts 15,000, including 6000 directs: market, 0a up: closed with part of gains lost: 150-300 lbs., [email protected]: ton. $8.15: J en 320-360 1bs., $7.70@ 7.85: ood packing [email protected]; lightweights,

TCaitie—Receipts, 10,000; calves, 1500: fed steers and yearlings, steady: some sales on 1200-1b. weights up as much as 25¢c: common and medium grades, steady io weak: early top, $14.75, paid for dium weight short fed kinds: trade weak on heifers: cows. slow, steady, Scarce: bulls, scarce, steady '$6.50; vealers, 25 @50c lower: top, $10. Sheep—Receipts, 5000, including 300 directs; fat lambs, active, strong to 15c up: native and fed comebacks, [email protected]; top. $9.35; sheep, steady; ewes, [email protected]; feedPb ) .~-Ho ol Tbe.

SOWS,

ing lambs, scarce.

FT. WAYNE, Nov 5c Jigar: 140-160 Tos,, 180-200 Ibs.

M, f0.

stags, $5.50, Calves—$11. Lambs—

N. Y. Bonds

By United Press BOND PRICE INDEXES

20 20 20 Inds. Rails Utils. 80.8 69.4 94.1 83.5 2 95.4 84.1 76.9 924.0 94.2 98.5 106.0 91.2 81.2 103.0 95.0 101.2 106.0 80.8 69.4 92.3 94.8 100.4 106.2 90.0 84.7 103.5 94 86.4 103.6 93.1 83.6 "10 89.3 83.0 Standard Statistics Co.)

BPH ALIPAY SI

a5 TT He oh WAR 5.

60 Bonds 81.4 83.9 85.0 99.6 91.8 100.7 81.4 100.2 93.3

Yesterday Week ago Month ago .... Year ago ...... Two years ago. 1937 1937 1936 1936 1935 1935 (Copyright, 1937,

NEW YORK, Nov. opened irregular.

am a Ns

24 (U. P.).—~Bonds Net

Wilson 4s

Curb Stocks

By United Press

NEW YORK, Nov. 2¢ (U. P.). stocks opened lower.

Am Sup Pow Carrier Corp Cities Serv ... Creole Pet .... B&S .... Lake Sh Min Nag HP ... Technicolor .

n Gas ca Un Lt & P A

FOOD PRICES

CHICAGO, Nov. 24 (U, Michigan Menvosh, . toes—Tennessee, by hampers, 90c rots—Illinois bushels, 25@ 30c. Illinois, bus! $1.65 Tom fornia, lugs, $5@3 15, Island, crates, $1.35@ 1.40. nia, h . $2 315.

me- |

THE INDIANAPOLIS TIMES

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PAGE 11

NEW YORK STOCKS

By United Press

Net Last Change 8a 3s

Adams Exp .... Adv _Rumley ... Air-Way El ....

Ds pt oh) Da > PA A AE ALBDON

~ 3 £3 = 70 C1 CF et fn CYC mT et Ot

Rad & S S11 Roll Mill .. Smelt ‘ Stl Fdies .. St =

roe £110

Wes BIBI BN) =~

| Am Zinc Anaconda Amour Ill Armstrong Ck . Atchison Atlas Corp .... Atlas Corp »f

Edd BER

oS 1

#14111:

REARRA LOOBII00 TOW BNI = HD TT £ - A ¢ " od CHITIN

Com Credit . Com Solvents Commonw & Cons Edison ... Cons Oil ..... Con Textile | Container | Cont Bak | Cont Cont Cont Corn Coty “ee Crown Cork ... Crown Zeller. . Crucible St Curtiss-Wr Curtiss-Wr

©” '

(111+

ov BO Bt es FI}:

Bes

Deere & Co ... Del & Hud ... D Lac & W.... Diam Match Dome Mines ... Douglas Air ... Du Pont 100

ESHi+1

East East Elec Bo Elec Elec El Paso Nat G. Eng Pub S

Ii Fif

Fed Dep St.... Fid Phen . Flintkote ..... 1 Foster Wheel ..

Fhy+

Gen G

G Gillette S R

EXCHANGES WILL CLOSE TOMORROW

Banks. security and“ commodity exchanges and livestock and produce markets throughout the United States will be closed Thursday, Nov. 25 in observance of Thanksgiving Day. All foreign markets will be open as usual.

DAILY PRICE INDEX

NEW YORK, Nov. 24 (U, P.).— Dun & Bradstreet's daily weighted price index of 30 basic commodities, compiled for the United Press (19301932 average 100): Yesterday ...... WEEK BPD... vrvvrrrrerions Month ago ........ Year ago . . 1937 High (April 5 ....eeve. 1937 Low (NOV. 23) ...iveve

100% 01a

116.81 119.35 123.23 132.89 158.26 116.81

FOREIGN EXCHANGE

NEW YORK, Nov. 24 (U. P.).—Noon foreign exchange easy. Net

Cable Rates Change DD 00 3-16 —.00 5-16 490 7-16 —.00 5-16

.1.00%s - .0340 —.0000 Va -.0000"%

-30002

Teter sae es

tar rencen

England ! ound), Epglang 0-day rate) oy

Canada (dollar) France (franc) Italy (lire) Belgium (belga) Germany (mark) ... Germany (travel mark) . Switzerland Holland Spain Sweden Norway (krone) Denmark (krone) Australia (pound) ia (shilling) Czechoslovakia (koruna) . 3 Finland (markka) .. . Greece (drachma) .. . Jugoslavia (dinar) New Zcaland (pound) . Poland (zloty) Portugal (escudo) Rumania (leu) 0076 Argentina (ofl. peso) 30 Japan (ven) 2916

4041

2515 2315:

6 Unquoted 2579 2514 oe va dSd .. 4.00% .1895

‘(franc) (guilder) (peseta) (krona)

, | Inland Stl

DOW-JONES STOCK AVERAGES

30 INDUSTRIALS +1.89 -0. 44 -f.52 -0.33

Yesterday Week ago Month ago .... Year ago High, 193%, 194.40; low, 114.19. High, 1936, 184.90; low, 143.11. 20 RAILROADS Yesterday Week ago Month ago ... Year ago Righ, 193%, High, 1936.

64.46; low, 20.35. 59.89; low, 40.66, 20 UTILITIES Yesterday Week ago Month ago Year ago .. High, 193%, 37.54; low, 19.65. High, 1936, 36.08; low, 28.63, 70 STOCKS Yesterday Week ago Month ago Year ago High, 193%, 69.6%: High, 1936, 66.38:

39.12. 51.20.

low, low,

| |

Net Change Vs Ve

Gimbel Bros ... i “-

Goodrich Goodyear. ..... Graham-Paig Granby ‘ Glidden rts Grant W T Gt North pf Gt Nor Ore

Lo +

| Hecker Prod | Herc Pdr Homestake | Houston Oil . Hudson Motor Hupp Motor ...

| II Central Ihspiratn Cop . Inter Rub ou Inter Iron -~ Harvester Hyd El A

Kennecott Kresge SS

Leh P Cem.. Leh yal RR... Lehm ve Ligg Fa My B. , Loew's : Loew's pf Ludlum Stl

Macy RH . Maracaibo Ex.. ay . ve Maytag pf ww MecCail Corp .. McK & Robb... Mead Corp .... Melville Sh ... Miami Cop .... Mident Pet Minn-Moline Mo-K Tex .. Mo Pac »f.. Monsanto Mont

Ward ...

Nash-Kelv .... Aviation.. Biscuit . Cash Reg. .

Dairy “a Distillers

No Pacific

Ohio 11 Oliver Farm Eg 2 Otis Stee Outbd Native.

Oil

Packard

LOCAL ISSUES

(By Indianapolis Bond & Share Corp.) The following quotations do not represent actual bids or offering. but merely indicate the approximate market level based on buying and selling inquiries or recent transactions.

BONDS

| Citz Ind Tel (TH) 4's 61... H Tel & Tel Ft W 5las 55.. H Tel & Tel Ft W 6s 43 Ind Asso Tel 5'2s 65 ..... Indiana Tel Co 5s 60 Ind Railway tne Interstate Tel &

Bid Asked 103 105 10612 1052 100 55 90 103 1042 102

102 100 100 105 104 10712 3

Munci Noblesville H L & Ohio Tel Serv 6s a, Pub Tel 4'2s 55 . Richmond W W 5s Seymour Water Co Bs T H Trac & L 5s 4 T H Water Works 5s ‘56 T H Water Works 6s 49 T H Water Works 6s 49 Trac Term Co 5s 57 STOCKS

Belt RR St Yds com Belt RR St Yds pfd Cent Ind PY 7° pr Home T&T Ft Ww » pid.

Ind & i Ind Gen Serv Co ‘ Ind Hydro Elec 77% Indpls Gas Co com Indpls Pwr & Lt pfd 6% Indpls Pwr & Lt pfd 62% Indpls Water Co pfd 5% Lincoln Natl Life Ins Co com. P R Mallory com . N Ind Pub Serv Co pfd 52%. N Ind Pub Serv pfd 67, 6 N Ind Pub Serv Co, pd ow Pub Serv of Ind nf . Pub Serv of Ind we - Progress Laundry Co com. Smith Alsop P&V pfd Smith Alsop P&V com Terre Haute Elec Co 6%...... § Union Title Co com Van Camp Milk Co pfd ...... § Van Camp Milk Co com...... 1 M. P. Crist & Co.) Investing Corp ... 21.53

(Bv Harket St.

of action is better than inaction. At that time it was clear for all the world to see that Mr. Hoover had not the slightest idea what ought to be done. It was not that he had never had an idea on that point. In 1929 when the crash came he was quite certain what ought to be done. But by 1932 he had tried everything he knew and it didn’t work. Mr. Roosevelt, however, had never tried anything. He was just coming into power. He declared that he had an open mind, that he was prepared to try almost everything at least for a little while and if it didn’t work to discard it. And so he delighted the nation by taking what was joyfully called “action.” But now it looks as if Mr. Roosevelt's “action” has not got us much further than Mr. Hoover's “action.” There has been what is called recovery, which we did not have under Hoover. But that has cost us nearly 20 billion dollars. And we still owe it. Mr. Roosevelt shrinks from spending much more. And yet it is perfectly plain that if he does not we will have a collapse. In other words, Mr. Roosevelt is now pretty much where Mr. Hoover was in 1932—he has tried everything and it hasn't worked. And now he just doesn’t know which way to turn. In 1929 we had one party which didn’t know what to do. Now we have two parties that do not know what to do. For at this very moment the Republican Party hasn't got a program any more than Roosevelt has. It wants the capital gains tax

Flynn Predicts Republican Party Will Come Into Power in "40

By. JOHN T. FLYNN Times Special Writer NEW YORK, Nov. 24 —In 1932 a popular "belief accepted by the peo- | ple was that a statesman must “do something”—that almost any kind

A. ©

modified and the corporation undistributed profits tax repealed. Whether these are wise measures or not, it is a fact that neither one of them, nor another dozen like them, will have any important effect upon the recovery program. This being so, which way will the people turn? Will they turn to the American Labor Party? This party vet has revealed no very definite plan for pulling the nation out of its economic hole. It has a collection of good labor amelioration measures. It has also some pretty bad ones. It is difficult to believe that it has as vet any sufficient hold on the nation's imagination to win a national election. Is not this an excellent situation for a host of promisers? Evangelical leaders who will promise the people abundance in some new form, as Mr. Hoover and Mr. Roosevelt did? Just as an exercise in political forecasting, which is always foolish three years before an election, nevertheless always diverting—here goes. There will be a split in the Democratic Party. The conservatives will probably corner it. There will be an immense drift away from it into two or three progressive and radical parties. The wildness of the campaign will weld all the conservatives of both parties together and frighten a lot of other timid souls and the Republicans will come back into power. If it doesn't come true, maybe readers will have for-

gotten this rash prophecy in three years.

WASTE-

PAPER

AN PAPER STOCK COMPA ‘320-330 'W.

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21 OU s | Un

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8 Young

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Net Last Change

11% 2%

Paramt Pict —-— Park Utah . . Patino Mines. Vs

re Purity Bak Re

Radio _. Radio-K-Or Real Silk Reo Mot ...... Republic Stl ... 1g | Reyn Tob B ... ® 8 ‘vee

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Safeway ....... 2 St Jos Lead ... 2 Schenley Dist

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SEP G & E

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| |

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Tenn Corp .... Texas Corp ....

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| Timken RB... i Transamerica Tri-Cont Truax Tra | 20th Cent-Fox

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| Un | Un | Un Un

Air Lines. .

Biscuit Va |

| | . 23% . 45% 54

50°

: « 499, 3 3 ..104 1032 B12 seen 8 Tob.......120 120 | — . 15% 15 « 32 22% + 1 — Wem | 37% 19%

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Vanadium

Va-Car 6 pf

| Wabash pf A Walgreen

Walworth Warner Bros

. 3" Rr ‘ 1974 5 8 7 la Ts . 24 : 26Va var 38Y2 | West Air _Bke 24% | Westing EI 89 Willys Overland 27: Willys-Ov pf 6% Wilson & Co.. A f°

. 93% 21% . 351%; wl 1

| venow Tr Young S&W.. Sheet

WHEAT FUTURES FIRM IN CHICAGO

Bullish Influence Offset by Action of the Stock Market.

CHICAGO, Nov. 24 (U. P).— Wheat futures showed a steady tone after the opening today on the Chicago Board of Trade. At the end of the first hour wheat | was 14 to 3 cent higher, corn was | 1; cent lower, and oats were ls cent | higher. Relative strength at Winnipeg at- | tracted some buying but the action | off the stock market offset the | bullish influence of the Canadian | market trend. Pre-Thanksgiving | liquidation was responsible for much | of the selling. Receipts were 48 | cars. Corn activity remained light and consisted chiefly of switches between December and May. Receipts | were 208 cars.

WAGON WHEAT

City grain elevators are paying for No. 2 red, 82c; other grades on their merits. | gash corn, new No. 2 vellow, 4lc. Oats, C.

sree | ARGENTINE GRAIN { BUENOS AIRES, Nov. 24 (U. P.).—Grain Jutures porened irregular. Wheat—December, February, $1.01%, up lic. $&o Or Erber S54. unchanged; February, 65'sc, unchan Oats—Spot, 30c, unchanged. Flax— an $1 22%, off ‘ac; March, $1.23, off ‘4c. |

CHICAGO PRODUCE

Eggs—Market, weaker: receipts, 4062 cases, fresh graded firsts, cars, 25c: less than carlots, 25c; extra firsts, cars, 26c; Jess than carlots, 26¢c; storage checks, 15c; current receipts, 23c; fresh dirties, 19¢c; storage dirties, 16¢c. fresh checks, 17c¢; re- | frigerator extras, 18'4c; Tel rige ator firsts, | 17':c; refrigerator standards, . Butter—Market, firm; receipts 4355 tubs; extra firsts (90-912 score), 36@37'2c; extras (92 score), 39'zc; firsts, 32'2@33%c; seconds, 29@31%'zc; specials, 39@ 3915¢: standards, 36c: centralized (B9 score), | 33'ac; centralized (88 score), 32'zc Poultry—Market easy. regents. trucks; geese, 15c: ducks, 1 chickens, 18'2@22'2c; hens, roosters, 14@15c; broilers, 14@15c; 17@23%2c; Leghorn hens, 2c. Cheese—Twins, 19@19%c: Daisies, 19'4@ 19'%2¢c; Longhorns, 1934@19'c Potatoes —Supplies, liberal; demand, slow; arket, weak; Idaho Russet Burbanks, $1 [email protected]; U. S. No. 2, $1.20, Colorado Red McClures, [email protected]: North Dakota Bliss Triumphs, $1.25; North Dakota Cobblers. $1.10@ 1.15; North Dakota and Minnesota Early Ohios. $1 10, Arrivals, 89; on track, 326: shipments, 541

LOCAL PRODUCE

The prices quoted are for quick gathered in the country, while for deliveries prices are 1 cent Each case of eges must weight 55 p Eggs—No. 1 strictly fresh, : Chickens—Heavy breed hens, 5 ‘pounds and over, 18c; under 4!2 pounds, 15c; Leghorn, hens, 1lc: heavy springers, 1% pounds and over. 18c; Leghorn springers, 112 pounds and over, l4c; bareback broil- | ers. l4c; old roosters, 9c. Ducks—White. 42 pounds and over, full feathered and fat, llc; colored ducks, 4'2 ounds and over, 9c: under 4'z pounds. ull feathered and fat, 8c: Indiana runner ducks. 5c. Geese, 9 pounds and over, full feathered and fat, 9c. Butter—No. 1, 38'2@39c:; No. 2. 36'2.@ 37c. Buttertat—No. 1, Bde; No 2, 32c.

turkeys, |

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

| gated district?” T. Ernest Maholm, + | defense

{ replied.

h | nan in his opening statement yes- + | terday said he would demand the »» (death penalty for the defendant.

I that if authorities had not permit-

OFFICER SAYS HE WAS TOLD OF ADAMS SLAYING

Two Other Policemen and

Interne Testify in Murder Trial.

As she lay .dying on the sidewalk lin the 100 block of Park Ave. April | (13, Mrs. Lucille Adams told Patrolman Frank Delatore that her hus- | band shot her, the officer testified | | today in the murder trial of Ralph Adams, 33, in Criminal Court. “Ralph, my husband, made good | his threat. He shot me,” Officer | Delatore quoted Mrs. Adams as saying, She died of bullet wounds a few hours later. Officer Delatore, state witness. said he had known Mrs. Adams, alias Mary Anderson, several years, Interne Is Witness Police Lieut. Leo M. Troutman | testified he had arrested Mrs. | Adams from 50 to 75 times on charges of prostitution, vagrancy and disorderly conduct. Roy Daniels, police officer, as first state witness, yesterday, completed his testimony today. Another witness was a City Hospital interne. “Don’t you know that's a sergre-

attorney, asked Officer Delatore during testimony. “It's supposed to be,” the witness

A jury of 10 men and two women was selected late vesterday. Deputy Prosecutor Edward Bren-

Mr. Maholm said yesterday he had subpenaed Police Chief Morrissey, | Safety Board members, and keepers | of a dozen alleged houses of ill fame to testify in an effort to show “open operation of vice in the city with the full knowledge of authorities.” He said he will attempt to show

ted vice the slaying would not have been committed. “I will show that notorious dives of iniquity and the grossest immorality flourish and operate in full knowledge of the entire Police Department, Sheriff's office and the prosecutors, in absolute defiance of the law and without interruption,” he said.

FEAR PLANE CRACKED UP

WARSAW, Poland, Nov. 24 (U. P.).—Anxiety was expressed today over the fate of a Polish passenger plane en route from Palestine to Warsaw, which has not been report-

ed after it left Salonika yesterday.

Cagy pensns Aki Politics

Times Photo,

Red foxes in “jail”—=political “pull” failed.

Hoosier Red Foxes Have Dogs

On Run, Than

ks to ‘Game Law

By JOE COLLIER

Among other sly things the Indi

jana red fox has done is to provide

itself with an effective and militant bloc in the Legislature that until the 1937 session functioned successfully in its behalf.

As a result,

the red fox population has

increased under State

protection until it has reached what sportsmen believe its densest in

years, So, game wardens

in to the Conservation Department | reports from sportsmen that say rabbits are scarce this year because the red fox has helped himself to them.

Most game hunters will bet you crease in red fox population, got out

that the red fox will be so numerous by the fox hunting meets next fall in southern Indiana that the foxes maybe will chase the hounds. The gray fox, which does as much damage as the red fox, but is not so jaunty about it, has not enjoyed the protection of the Legislature to the extent the red fox has, chiefly because it is not as good a politician. It seems that the gray fox, when chased by dogs, gives up too easy and climbs a tree. run all day, hunters claim, before the dogs, and make monkeys out of them. That's what fox hunters like.

Gray Fox Friendless

Thus all the fox hunters associa-

tions of the state insisted that their |

senators and representatives pass laws to protect their playmates, but | have done nothing for the gray fox. That was several years ago when the spare-the-fox fox hunters claimed that they were virtually down to their last red fox. The political influence of the red fox seems to have extended even to the county office holders because, although many counties have standing offers of bounties for hunters who bring in the beasts more dead than alive, few have any cash ap-

Ticks Seconds Away

a i

| Fidelity

300 years old . ..

It’s 300 Years Old But This Clock Still Tells Right Time,

Ten billion, 497 million, 448 thousand seconds ago—more or less— some artist and mechanic put together a metal clock shaped in the form (For every day late you are reading this, add 86,400 seconds.) It was set on an Italian marble base, and ticked pretty pertly and

of a lyre.

Times Photo. and still running »

accurately. Well, it still is ticking today, all

bright and shiny and on time. It is in the little watch and clock shop

of R. E. Kelso, 1537 N. Illinois St. and he says the owner, who lives in Madison, has authenticated the age at 300 years. “Whoever made it,” Mr. Kelso said, “was a good mechanic, but he didn’t know much about clocks. There are seyeral pieces tc it that are not necessary.” Mr. Kelso said this was by far

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the most interesting clock he ever

had seen. The most Interesting watch he ever saw, he said, was one with works thinner than a silver dollar which struck the hour and quarter hours. He said it bore a French firm's

fram nearly? half the counties have just turned

The red fox will |

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propriations to pay them. Thus the game hunter remains as boutiless as if he had been merely taking a little noncombative walk with nature, The 1937 Legislature, having at hand reports of the alarming in-

of hand and in spite of the lobby took off ‘he closed season until Jan, 15, 1939. It is expected that this year some of the sly beasts will be destroyed to the excited applause of the game hunters. The red fox has litters of from 4 to 12 in April. It usually makes its den in a hollow tree or in the abandoned den of a groundhog, Chicken Their Meat from there, papa and mama fox forage for food and bring it back to the little ones, who are about four inches long when born. They have been known to destroy pigs, and quite regularly feed on poultry as well as wild life. Their slyness hardly can be overs estimated. They are gun shy and | almost never can be killed that way. | They are very cagey about traps, | and only experts can have any luck that way. The most effective way to hunt them is with trained fox hounds who can run them out in the open where they would be targets. But just about all of the capable fox hounds in the state are owned [bv fox hunters who would be out | raged if they actually caught a fox, and whose minority shudders at the harming of a single hair cf a fox’ tail would echo in every county seat and rattle the very windows of the State House.

CRUDE OIL OUTPUT INCREASES IN WEEK

NEW YORK, Nov. 24 (U. P) ~~ | Daily average crude oil production | for the week ended Nov. 20 was estimated today by the American | Petroleum Institute at 3,573,850 bar« | rels, compared with 3.541450 in the | preceding week and 3,060,950 in the corresponding 1936 week. An jncrease of 33400 barrels in | daily average production for Oklae- | homa, and minor increase in Texas, | Louisiana and Wyoming fields more | than offset a sharp drop in Kansas, Gasoline stocks resumed an up- | ward trend, following a moderate decline in the preceding week. Total | finished and unfinished gasoline | was estimated at 67,661,000 barrels, | against 67,035.000 a week ago and ( 58,420,000 a year ago.

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name “but I think the Swiss helped them out with it.”

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