Indianapolis Times, Indianapolis, Marion County, 26 November 1937 — Page 24

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PAGE 24

STOCKS REGISTER

GAINS OF

IN LIGHT TURNOVER

<¢

Allied Chemical Up | More Than Three Points.

NEW YORK, 26 (U.

tions today in light turnover. Advances ranged to more than 3 points. Allied chemical sold at 151%, up 3.2. Chrysler reached 5515, up 2; U. S. Steel 512, up 2; Westinghouse Electric 94':, up 3; Johns Manville 72':, up 4!:; du Pont 102, up 4; Consolidated Edison 261¢, up 175; Bethlehem Steel 46: up 2; Kennecott 32%, up 131; Loew's 471, up 1%; Public Service of New Jersey 35, up 12: Sears Roebuck 52, up 14; Atchison 357, up 1%, and Standard of New Jersey 43'%, up 11%, U. S. Steel featured turnover among leading issues. Electric Power was an active feature of utilities, selling at a gain of nearly a point at 144. =

Today's Business At a Glance

GENERAL BUSINESS

American Bureau of Metal Statistics, reports October world lead | production 166,153 short tons vs. | 159.032 in September; total refined production 10 months 1,554,534 short | tons; U. S. October lead output 45,112 tons vs. 37,989 year ago. {

CORPORATION NEWS

A. P. W. Paper Co. Inc. September | quarter net loss $1,389 vs. net profit $12.238 or 8 cents a common share | year ago. Birmingham months ended Oct. $862.032 vs. $528,246 months. Carolina Power & Light Co. 12 months ended Oct. 31 net income $2632.154 vs. $1,936,893 previous 12 months. Community Power & Light Co. 12 months ended Oct. 31 net income $430,320 vs. $272,226 previous 12 months. Crown Cork & Seal wholly-owned domestic subsidiaries 9 months ended Sept. 30 net profit $1922.121 equal to $298 a common share vs. $2,016,586 or $4.54 year | ago. Eastern Utilities months ended Oct. net income $1,799,009 vs. previous 12 months. Kansas Gas & Electric Co. 12 months ended Oct. 31 net income $1.282.008 vs. $1.238314 previous 12 months. Montana Power Co. and sub-| sidiaries 12 months ended Oct, 31 net income $3,736,071 vs. $2,968,807 | previous 12 months. Nebraska Power Co. 12 months | ended Oct. 31 net income $1,829,448 vs. $1,950,079 previous 12 months, | New York & Richmond Gas Co. | 12 months ended Oct. 31 net income | $112602 vs. $158,184 previous 12) months. Roval Typewriter Co. and domestic | subsidiaries October quarter net | profit $643,245 equal to $2.15 a common share vs. $705,673 or $2.38 year | ago. | Tampa Electric Co. 12 months ended Oct. 31 net income $1.445,142 vs. $1,378,574 previous 12 months.

DIVIDENDS

Arnold Contable Corp. 12': cents on common payable Dec. 15 record Dec. 4, vs. like payment Sept. 20. Canada Malting Co., extra 50 cents on common and regular quar- | terly 371: cents payable Dec. 15 record Nov. 30. Crown Cork cents on Class record Dec. 10 Oct. 1. De Long Hook & Eye Co. regular quarterly $1.25 on common payable Jan. 2 record Dec. 20. G. Kreuger Brewing Co., quarterly 25 cents on common payable Dec. 16 | scord Dec. 9. Previously this year company paid quarterlies of 25 cents each March 16 and June 16 and quarterly 12': cents Sept. 16. Special 50 cents was paid Jan. 15. Lima Locomotive Works, $1.50 payable Dec. 15 record Dec. 4 vs. $1 Aug. 20 which marked re- | sumption. Twentieth Century-Fox Fit | Corp., $1 on common payable Dec. | 15 record Dec. 3 making total $2.50 | for year vs. $2.in 1936. Wagner Electric Co., $1.25 payable Dec. 20 record Dec. 2 vs cents each March 20, June 21, and “Sept. 20. (Copyright,

Curb Stocks

By United Press NEW YORK, Nov. 26 (U. P.).—Curb . stocks opened steady. Net Open ah

= = i

Electric Co. 12]

31 net

previous 12]

72,2

Co. and

Associates 12] 31 consolidated | $1,907,608 |

International, 25 “A” payable Jan. 3 vs. like payment

1937, by United Press)

Cities Creole Pet ‘El B & 8S

b a | axe

FOREIGN EXCHANG E

NEW YORK, Nov. 26 (U. P.).—Noon forLeign exchange easy. -

Pngiang (pound) .. 4 ng (60-d bill rte) L Canada (dollar) . S France (franc) ... taly (lire) jgium (beiga) .. rmany (mark).. Re mans (trvl mrk) witzerind (franc) (guilder) (peseta) jeden (krona).

00% +.00 $108 —0000 -16

—.0001 -.0007'% =—.0015 —.000234 —-0001 hy

~~ 0002'% -—.0003 =. 0002 Lo =007% —.0004

1000215 +.,000012

2500 2312% 5560 + Unigucieg 2578

ustralia (pound). ustria (shilling). echosivka (kor.) Finland imarka) .. ! Greece (drachma) Jugoslavia (dinar) Nw Zeald (pound) Poland (zloty) Portugal (escudo) ! Rumania (leu) . Argntina (ofl pso) Argen. (unof peso) Brazil (milreis) Chile (peso) Peru (sol) ih Uruguay (peso) .. exico (silvr peso) ongkong Yaar)

hanghai (yuan). Id (rupee) ...s (yen) LARRY

Lakht Lights—

income |

| Good hd | Cutter, common and medium.

| Medium | Cull and common

| Heifers—

! Shorn 1

| active at advance, | and -500

i ternational

Inc. |

3 POINTS

Hogs Advance 15 to 35 Cents To $8.30 Top

Light receipts caused hog prices to jump 15 to 35 cents higher in the local market today, according to |the Bureau of Agricultural Economics. Sows moved at 15 to 25 cents] higher rates. Weights above 235 pounds were 35 cents higher, while light lights and pigs were 15 cents higher. Top advanced to $8.30 on choice 140 to 180-pound weights. Select lots on all weights sold 5 to 10 cents above the price schedule. Cattle trade was in the form of a week-end cleanup market, except that sow buyers were slightly more aggressive. Steer offerings consisted of plain descriptions which sold at $750 down, Medium light heifers ranged from $6.25 to $7. Cutter

| |

| | B |

THE INDIANAPOLIS TIMES

NEW YORK STOCKS

By United Press

—

High Allegh Corp ... 1% Allied Chem ...148 Allied Kid .. Allied Stores .. 1% Aliied Stores pf 497% Am Ran ik Note. 13 2 Moh & Fdy 13% a... 262

352508 a

—- ra

m Anaconda pron r Ii ok pmstrong Asso my. Goods

. 28 32% 7% . 20 Ye

Fhe &

8 od Ws 350 HIME

wl "at 3

ei adn Bendix Avn .. Ben Ind Loan - 18 Beth Steel 45% Blaw- nox Boeing Air Borden .. “ee org- -Warner Bdgept Brass . ower .

Butte Cop

Cal Packing . 22 Callahan Zinc . Canada Dry ... 12% co Th Cannon Mills. . | 28% Celanese - 19 Cent Viol Sug . 5% Cerro de Pasco. 36

(grades cashed at $3.50 to $5 as the practical limit on sausage bulls re- | mained at $6.50. Vealer prices moved steady at $11} | to $11.50 for good to choice offerings. Lamb prices moved at 25 to 30] cents higher rates. Top moved to! &€.75 on choice native kinds. Com(mon and medium natives cashed from $7 to $8.75. Slaughter ewes {gained 50 cents as choice heavy- | | weights brought $4.

HOGS Nov. Bulk 18. 3 20. 90 23. 3.

gop Receipts | $8 7500 | 3 05 95 20 1% 30

choice. . §

8. 8. 7 : 8

(140-160) Good Light wel his— 160-180) Sood (180-200) Gi 1200-220) Good 1220-250" Good Heavyweights — 1250-280) Good (290-350) Good Packing Sows—

choice . . choice. . choice. . choice . .

choice. . choice. .

5 328

(425-550) Good 1275-550) Medium Slaughter Pigs (100-130) Good and choice. . edium

CATTLE — Receipts, 300—

10 | (550-300) C (900-1100)

C (1100-1300) G

M (1300-1500) G

(550-750) G

rt CES -3 no

99 HIF & 8D

(750-800) Good and choice .

Common. medium

w 2 or os pp o

Good Aer EASEYA Common, medium “al Low cutter and cutter

Bulls

wenn 233 wna 33%

(beef)

- a S53 RH rs Sun

Vealers —Receipts, 400— Good and choice

(250-500) Good and choice . 9.50 Common, medium 5.004 Feeder and Stocker Cattle Steers (500-800) Sood and choice . mon, medium (800-1050) Good and choice . Common, medium

SHH

Good and choice Common and medium

on vara

| Cows—

Good Common and ‘medium .. SHEEP AND LAMBS —Receipts, 2000— Lambs—

Good Medium Com

3.50@ 2.00@ 3. 8

Hogs—Redirects. closing bulk rood @8.20, few [email protected];

“calves, 500,

190-175) Good and choice . Common, medium

CHICAGO, Nov, “26 (u. P.) — eipts, 000. including Market, Yo to 15 ‘cents choice, 320-360 $7.25"

butchers, %00y packing Sows, > Cattle—Receipts, 5000; carlot show rejects compromise bulk run; trade slow, buyers complaining against light weight and lack of high finish: very little done: prospects, $1315 on bulk light show cattle with heavies, $14@17 mostly: up to $17.25 bid on heavy threwouts and some held $18:

60 Bonds R11 2.5 | 819 99.6 L] 100.5%

steers sorted off show herd sold S18. 50 late Wednesday: cows, and heifers weak to shade lower: bulls an dvealers scarce, steady: heavy sausage bulls, $6.50 down: | vealers, $10.50. up 50 cents, Sheep—Receipts. 13.000, including 100 | directs. Fat lambs in broad demand. Indicatoins 25 cents higher; asking higher: $9.257 9.50 asked on good to choice fed offerings, frequently Neld above 39.75: nothing on vecrlings: indications firm on $ . $445 on gond to choice ewes. LAP YE i Nov. 26 (U. P.)..-H Be. a oor FRET: bak Ly Xe 3% 16s. % 90@8; 275-325 hg o War 1s a0 | pigs, $7.75 8; roughs. $7.25 down. Calves | —$11. Lambs—$9.25. N. Y. Bonds { By United Press | BOND PRICE INDEXES 20 20 20 Indus. Rails Util Wednesday .... 80.1 69.3 39.8 Week ago ..... 0.5 95.1 Month age 5.8 911 | Year ago 93 1059 2 Years ago... 91. 80.9 103.0 1937 High . 101.2 106.0 1937 Low 69.3 923 81.1 1936 High . 100.4 106.2 100.2 1936 Low Y RLS 103.5 93.3 1935 High. ..... 91. 86.1 103.6 93.1 1935 Yow..... Te 89.3 83.0 (Copyright, 1937. Standard Statistics Co.) NEW YORK. Nov. 26 (U. P.).--Bonds opened steady. Net On Change 100! .

Anaconda 4'z8 . Australia 4's Canada 3s "67 vas com, Invest . 6s -11 Norway 4s 8 A

+ | Reading 4%es 85 | §

So Pac 4's "69 Util Pw & US Rubber 5s

U. S. STATEMENT

WASHINGTON, Nov. 26 (U, P.).—Government expenses and receipts => the | current fiscal vear through Nov. pared with a year ago Last Ye

This Year 3. 902: 300. $9: 55 8 aa: i

Expenses 2, | ReCeints 1. Deficit 1. | Gash Bal. 1. Work. B 3, 1.

| Customs

3 1 ne Inac. Gold

's Decl : Taghge 579. To $1.2

INDIANAPOLIS Clearings Debits

CLEARING

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

| Deere | Dist Sea

{ East Eaton

| Grant | Gt North pf .

Certain-teed 77%

Com Solvents. . | Comm & ez Comm & So p Cong-Nairn Cons Edison ... Cons Oil Container ..... Cont Bak A.... Cont Can ...... Cont Dia F .... Cont Ins

Crown Cork ... J

| Crown Zeller .. | Crucible St ... Curtiss . wr, .... | Cutler Ham

. 19%

Co ... 20% in >

G ..: 3

Dochler H Cas igs Dome Mi vs Dou jas Du

& Deisel W

31% 99% =i.

Kodak .. 148 145% Mfg .... 19 1%

Foster Wheel .. | Freept-Suiphur.

efr Gillette SR... 1 Gimbel Bros Shagen . Goodr Granite Cc Ww

13 Stl. T

Gy © NNN

Gt West Sug .. Grevhound Cp.

i Hecker, Prod ...

Her

Pdr 3 Hollandr & Son 3

Hupp Motor

| 111 Central

Ind Rayon . Inspiratn Cop . Inter Iron “ Harvest a2 El A & & Foreign y

BRP A of --

Int Int Int Int Int Int Int

Kayser Jul Kelsev-Haves

, Kelseyv-Haves | Kennecott

Zz 0 id o> Haan

Fit pres RE

hE NS OREN NR

* | Packard

\ DOW-JONES STOCK AVERAGES

30 INDUSTRIALS Wednesday 118.64 Week apo Month ago Year ago High, 1937, 194.10: low, 113.64, High, 1936, 181.90; low. 113.11, 20 RAILROADS

“+ 3.26 +2.03

High, 1937, 64.16; low. 29 High, 1936, 59.89: low, 40.686. 20 UTILITIES 21.10 20.91 Month ago 22.93 Year ago 35.65 High, 1937, 37.54; low, 19.65. High, 1936, 36.08; low. 28.63.

High, 1937, 69.67; High, 1936, 66.38;

low. 38.8%. low 351.20.

High Low 163% 165% — 20's 20'% 812 612 9% 97% S

38 . 18

Lorillard

Mack T Marine Mid ... Marshall ¥ Fld .“

Mident Pet

Mullins Mig B urray ...

Nash-Kelv Nat Biscuit | Nat Dairy .. | Nat Distillers Nat Pwr & L Nat Steel NY Air Bdk . NY Central .. NSH bl... 5 Am 2

PERO OY BD pn pn Ch Gp ER ER

“

wor

Amer of 22 8 Am Avn ... Pacific 11% = |

2434 1, 583%

| No 11% Oliver Farm Eq | Otis Steel Owens Ill Glass

| Pac G&El

24% = 58%

Paramt Pict ... Patino Mines .. Ford. .

/ Phillips Pet -...

Plym Oil

A | Postal Tel pf ..

| Proctor & G... | Public Serv .... Pullman Pure Oil

| | { | { { | | {

Reo Mot th Republic Stl. Revere Cop id Seyn n Spring eyn

Rite Dent | Richfield Oil

4 al i

.| Fair

~ INVESTING CO. >

Bid Adm Fd 10. 8 11 30 yest, Bank © ffl Fd 3.9 t_Bos

Hos £2333

1 2 2 1 1

Brit Type 4 Broad St 20.68 Bull Fd 11.7 Cent Tr 19.38 20. Comnwith 3.08 3.30 Mut Inv Cp Tr Sh 3 ..|Natnwd sec

1. 1. 8, 4, 9. 14. 4 5. 9. 9. 3. 1. 4. 0 7.

6 6 7. 6 6 6 52. 1 2 2 2 9 8 8 3 3 2

00. 14 52 93 45 In 14 8% 82 50 03 73 50 95 35 30 JO 40 Wy 39 34 58 59 50 50 57 00 7s 5 + 3 5 D 5 By 8 8 2 3

100 yw re DS 00 BOSBNDD

Dy UII 1D sk a PD EI BD wo a RD

Hw RD AON AD

Gigietomse ors

OND Trin I AND p-

Sua N I<

TO STII RD” *

BZ I SIOZ osama ai pon

DOI a Hrs BO NJ ANRCD ra THDN -3

DN py pn Tr Oy

1. 1) I Inc Invs 15.25 16. 8 Tr nd Insti. Securitine td, US LAP A

1.7 » Pd

Ins oH 1 1 19 1.30) Well LOCAL ISSUES

PIPPI DD WI BHD D

— —

Dw Hen De S335ea%s

=3 > w

pt pt pt pi BS

9. 3. 5. 8 0 5. 5 8 8. 0. 3. 1 4 1 8 s i 8. i. 6. .

.00 44 66 76 00 85 87 33 02 83 82 10 27 97 82 06 66 | 42 | 48 26 54 29

(By Indianapolis Bond & Share Corp.)

The following quotations do not sent actual. bids or offering. but indicate the approximate market

repremerely level

based on buying and Selling inquiries or

recent transactions. BONDS

Citz Ind Te (TH) 44s 61 . H Tel & 1 Ft W Sas 55 HT Tol & Tol © t W. 6543 .... Ind Asso Tel Bias (B54 Indiana Tel Co 5 60 md Railway Inc 5s 67 Interstate Tel & 1:0 ot 5 54 ndpis Water Co 3':s 66

Muncie Water Noblesville H L. & P Ohio Tel Serv 6s 47 Pub Tel we 55 Richmond W Soy

ioe - Lt pra 8120... Lite in Ye coin’ Lr s Co com Bb Te Co 0, pd 5%%%. ub Se % og

ub Serv pid 7 rv of The fd i v of In

Terre Haute Ree C Yolen, Title com %.

-—

<I gE Or Td Be 30 Be

a oe 0

ft a

Schenley Dist .. 2 Seab'd Oil ..

South Pac South Ry

A ON aE

Sunshine Min .. Suth Pap “ Swift & Co ... Syming- Gla

. WHEAT PRICES FIRM AFTER SHARP DROP

Buying on Resting Orders Steadies Market,

CHICAGO, Nov. 26 (U, P.).—Fair | buying on resting orders firmed the | Chicago wheat market slightly today after a sharp lower start. At the end of the first hour wheat was 1's cents lower, corn was 4 to! 15 cent lower, and oats were sx cent | lower to 4 cent higher. After the start of the upturn the market received fair support and appeared headed for higher ground. Some buying of December futures was thought to be short-covering as | the nearby month led the rally. Receipts were 36 cars. Corn futures broke more than cent at the start but held steady on resting orders and local short-cover-ing. Two-day carlot receipts “vere 290 cars.

| Retail trade in the

. | ment,

| cars, | ceipts, | ties,

| tubs;

| chickens,

| Kevs,

we Net High Last Change 353% - 287% | | T . 6% | Thermoid .. .. 33 3% Tide W A Oil.. 135% Timk-D Ax ... 11's Transamerica 10'2

63 19's 181%

Union Carb { Un Oil Cal { Un Aircraft

United Corp .. United Cp pf.. Un El Coal ...

Vanadium 14%

Walworth Warner Bros .. West Air Bke Westing EI Willys Overland Wilson & Co. . Woolworth .e Worthington ...

8 7% 24% 9% 3 5% 36 16%

Yellow Tr .e Young Sheet

Zenith Rad .... Zonite

RETAIL SALES GAIN SLIGHTLY

.| Winter Merchandise Moves In Foreground, Report Indicates.

: | | | | NEW YORK, Nov. 26 (U. P.).— past week was only 2 to 10 per cent better than the 1936 period and compared with a week ago was even to 2 per cent

i » | better, the weekly review by Dun

| & Bradstreet, Inc., said today. Winter merchandise moved more into the foreground, as result of {some Thanksgiving demand, and | there were a few trade gains. But

1 {

: [ening factory production result- | ©

In some cities reporting trade under the corresponding 1936 week. | In the New England district re- | tail sales dropped 1 to 2 per cent | under the 1936 period because of a | further

Tom Connally (D. Tex.)

Edward E. Burke (D. Neb.)

slump in factory employ- | In the East the volume was |

{cut to a gain of 1 to 6 per cent over |

| last year.

The gain in the Middle West was | 13 to 8 per cent over last year, in|

| the Northwest 4 to 10 per cent, in | the South 5 to 12 per cent, in the | Southwest 5 to 15 per cent, and on | the Pacific Coast 2 to 6 per cent.

“Activity spread to more divisions |

of the principal wholesale markets this week,” the review said, “even | though the pace was slow. First | touch of cold weather found many | | retailers unprepared for the sud- | den expansion of demand, and filllin requests for many types of winter merchandise were numerous. A number of cancellations made a fortnight earlier were reinstated.

More Christmas goods were bought, |

|as consumers’ preferences became | | better defined on price and quality. | | off- -price assortments for | promotions were sought, | orders were released staples. | markets was under last year's, esti- | {mated wholesale volume was up 4|

and some | for spring

| to 12 per cent from the 1936 week.”

CHICAGO PRODUCE

Eggs—Market, weak: receipts, | fresh graded firsts, cars. 24c; cars, 24¢; extra firsts, cars, 25¢: 25c; storage checks, 19¢; current re23¢; fresh dirties, 19¢: storage dir16c; fresh checks, 17¢. refrigerator | extras, 184¢; refrigerator firsts, 17'2¢; re- | frigerator standards Butter—Market, steady receipts, 9034 extra firsts (90-911; score), 36@ 371o¢: extras (92 score), 38isc: firsts, @33'2¢; seconds (29@31'2c: specials, 39'2¢; standards. 36¢c; centralized score), 33'zc; centralized (88 score), Poultry— Cg 3 trucks: geese, 1815 roosters. 14a 15¢c, 17@23' 2c; Cheese—Twins, 91%¢; Longhorns, 19':@19’ Potatoes—Supplies, light: demand. slow; market. dull; Idaho Russet Burbanks. 81.36 1.50; U. 8. No $1.17'2: Colorado Red McClures, $1.45@150: U. S. No. 2 $1.10; North Dakota Cobblers, $1.10 1.15: Nebraska Bliss Triumphs $81.30: Wiscon- | sin Round Whites, [email protected]'2; U.

Commercial, . | (Arrivals, 113: on tracks 330: 653 (Wednesday); 216 6 (Thursday

LOCAL PRODUCE

The prices quoted are for quick gathered in the country. while for deliveries prices are cent higher. Fach case of eges must weight 55 pounds gross.

less than

39a

; receipts, 16@19¢c: spring | hens, 16@19'ac; broilers, Iq ise: turLeghorn hens, 14! 19919 ¢c; Daisies, “lou

Shipment Ss,

ARGENTINE GRAIN BUENOS AIRES, Nov. 25 (U. P.).- | futures opened lower. Wheat—December | $1.00%. off 3'ac. Corn—December, 2 12¢: Rr oruaty. Blin, off Sic, - | Spot, 281: Fla x_—February. | 8 197%, off Se: March “$1.20. off 13a¢.

WAGON WHEAT City grain elevators are paving for No 2 red. dc: other grades on their merits Sah corn, new No 2 vellow. 4le. Oats, ic.

Grain | ' {pounds and over,

pe No. 1 strictly fresh, loss off, 26e. ickens—Heavy breed hens, 4'. pounds and over, 17¢; under 4'2 pounds, 14c; Leg | horn hens, 11¢; heavs springers, 1% | 18¢: Leghorn springers, 1'2 pounds and over, 14c¢c; bareback broilers, l4c; old roosters, 9c. Ducks—White, 415 pounds and over, full | feathered and fat, lle; colored ducks. 4': pounds and over, 9c: under 4': pounds full feathered and fat. 8c; Indiana runner ducks, 5¢. Geese, 9 pounds and over, full | feathered and fat, 9¢ 39@3915¢: No. 2,

Butter—No. 1, 37'2¢. Butterfat —No. 1, 33¢; No. 2.

33c.

Higher Prices

By JOHN

26.—The President has declared that there must

which are having so destructive an

NEW YORK. Nov. be an investigation of rising prices effect upon recovery.

prices will the President himself. In 1933 the President week after week declared that it was mination to get

gress took that! position also, but he was the leader of the movement. On several occasions he deli¥ered to the assembled correspondents lectures on the devastating effect of the low price level of 1933 and 1934, He went on the air and defended his policy. He put all his energy behind the NRA which had the effect of encouraging trade agree- | ments with the direct and indirect objective of boosting prices. | And, of course, as soon as the Government began pouring its bors | rowed billions into the market the prices began to move up.

Even Higher Prices Intended

Now, of course, the President might take the position that he never intended to have them go so high. But this will not hold wa-| ter, Because he not only intended them to go so high, but much high- | er and said so publicly many |

Mr. Flynn

times. His aim was to force prices | up to the 1926 level.

There ought to be such an investigation. is certain that the one who Su oe held responsible for these rising |

his deter=- | purchasing power by Federal credit |

The Government

** President Is Responsible for

s, F » Flynn Declares

T. FLYNN

Times Special Writer

But if it is made, it

Prices have not yet reached the 1926 level. If they had things would be very much worse than | they are,

| It was as clear as any future |

event can be that the moment the Government began to create new No

inflation, prices would rise.

President or Congress would have |

|to add any encouragement to this process. ship would have been to

and that as fast as it did it would tend to cancel the buying power created by the Government's spending. should have recoghized that natural forces would force prices up and that the Government, instead of assisting the process, should have been ever. |lastingly on guard to check it and | slow it up. |h The President used three stimulants to price rises. First he cre. | ated purchasing power by Saver | ment borrowing, Next he devalued | | the dollar. Next he suspended tie | antitrust laws to enable trade groups to limit competitive cheeks | on lowering prices. He 1s directly responsible for what has happened. This is one | thing of which he can truly say that “if it happened that way it | because we planned it that way.” It is a little odd, therefore, to have him demapd an investigation of the causes h prices.

3323 cases; |

less than |

(89 | 32%% |

The course of statesman- | realize | that the price level would move up |

| woman

Bennett Champ Clark (D. Mo.)

Royal S. Copeland (D. N. Y.)

FRIDAY, NOV. 26, 1937 Push for Business Aid in Congress

Joseph C. O'Mahoney (D. Wyo.)

uy >

Arthur H. Vandenberg (R. Mich.) Josiah W. Bailey (D. N. C)

William E. Borah (R. Ida.) Carter C. Glass (Dem., Va.)

Putnam to Sail South Seas,

HOLLYWOOD. Nov. | plies aboard a yacht today for a thr

January |W here last spring Amelia Earhart, his wife, was lost on a round-the- world |

| flight. The author and former publisher

Although buying in some | He said the expedition was primarily to secure a collection of small ani- | (mals and birds from the Galapagos ate Cocos Islands for the California members have recently

‘Wanted to Die in in Plane,

Amelia Said in Book

| NEW YORK, Nov. 26 (U. P.).— “When I go, I'd like best to go in | my plane. Quickly.” That was | what Amelia Earhart would say! | when her husband, George Palme: | Putham, asked her to give up her flying adventures. | In her book. “Last Flight,” pub- | | lished today, Miss Earhart told the | story of her world flight, up to the time she left Lae, New Guinea, for | Howland Island—a destination she (never reached.

An adventure from beginning ol end—in her own words—"A. E.”| | vealized the hazards in this round-|the-world attempt. Life was full | land rich and she frankly wrote that | <he hated to contemplate leaving it. But she must pioneer, even at the | [cost of her life. In a letter she wrote her husband | before a perilous flight, she said: | “Please know I am quite awere of | ‘the hazards. I want to do it be-| [cause I want to do it. Women must try to do things as men have tried. | ( When they fail, their failure a

3212 |

be but a challenge to others.” “Life Will Be Fuller”

asked her to she an-

| When her husband reconsider her project, swered: “Please don't be concerned. It just seems that I must try this flight. I've weighed it all carefully. With it behind me, life will be full- | er and richer. I can be content, Afterward it will be fun to grow old.” | Almost intuitively, it seemed, Miss Earhart sent back detailed accounts of her trip after each leg of her | flight was completed. She kept a | | diary—filling the pages of three | books—which she mailed along with | her charts and her personal let- | | ters. | “Last Flight,” (Harcourt, Brace), originally scheduled to be titled “World Flight,” is an informal account of Miss Earhart’s final ges- | | ture to air hazards. It is gay, chat- | ty and amusingly frank. Nowhere | does she show the slightest sugges- | tion of fear or the desire to turn back. In the early chapters Miss Earhart wrote of how she first became | a pilot. Then, her thrilling flight | across the Atlantic Ocean, the first | to accomplish this feat. From there, she described her hop from Honolulu to Oakland, this time conquering the Pacific Ocean. It is there that the real story of her “Last Flight” begins. In the foreword of the book, Mr. | Putnam reveals that it was always e who was the frightened one. It was he who urged and pleaded that she forego risky fying. But “A, E.” liked to live dangerously. That was the one cloud that marred their happiness—the cloud of danger. "Some day,” she once told him,

NEEDS A SAFE DEPOSIT BOX/

But Won't Search for Amal

26 (U. P.).—George Palmer Putnam stowed Sp

canceled his broadcasts.

CHILDREN STILL HOME

ee-month voyage in the South Sea

Written for Classes.

will sail aboard the Athene Dec. 15.

Two Butler University

“I'll get bumped off. There: much fun here, I don’t want but...” The ironic twist to it all was that | philosophy department head, Amelia Earhart had confided to authors of the texts. him that this was definitely to be | Prof. Griffeth’s new bo her last flight. She would settle | 1 i book, down to a placid, secure existence. |

vr) | the International Council Mr. Putnam insists, however, that her last words are not to be re-| ligious Education. It deals with

ceived as a “chronicle of regret, but | of high and happy adventure—as | she would want her book to be.”

FANS URGE RETURN OF COUGHLIN TO AIR

VATICAN CITY, Nov. 26 (U. P.). —Hundreds of telegrams and letters | mostly from women, are arriving almost daily at the Vatican, urging Pope Pius to permit the Rev.

| books to be

to go,

Life.”

to his mother and father.

HENRY I. RAYMOND

| | | | | {

AURORA, Il.

TLER PROFESSORS COMPLETE 2 TEXTS

Griffeth and Jordan Works

faculty completed used for class study. S S50 Prof. Ross J. Griffeth, College of Religion, and Prof. Elijah Jordan.

are

“It

Began Thus,” has been approved by of Re-

the

different periods of the New Testament. Other books written by Prof. Griffeth are “Building the Church of Christ” and “The Bible and Rural

“The Aesthetic Object” is the title of Dr. Jordan's new book, dedicated

REPORTED IMPROVED

Nov. 26 (U, P.).—

| Charles E. Coughlin to resume his ospital attendants said today that

radio talks. I. Raymond,

In Vatican circles, however, it was | Manufacturer,

Henry who was injured

Indianapolis

not expected that the Pope would |! automobile accident Wednesday,

|is in “fairly good” condition. Mr. Raymond was taken to

here, | examin has a skull fracture.

arms and legs.

FATHER OUT OF JAIL; |

tendent, is [provements and operations NEW ALBANY, Nov. |Scientech Club meeting | Still determined

| children out of school rather than | ing.

26 (U. P).

St.

gh the | Joseph's Hospital after his machine

crashed into a tree 10 miles west of Physicians said they would e him today to determine if Mr. Raymond also received injuries to his

BLOODGOOD TO SPEAK

| Don E. Bloodgood, City Garbage and Sewage Disposal Plant superinto describe plant imat the Monday to keep his noon in the Board of Trade Build-

force them to walk along a busy | -

highway, Harry Farnsley, 48, has been released from jail. He was fined $5 on a charge of contributing to the delinquency of

SAVINGS *

* The Savings Depart. ment is located In the main lobby, convenient of access and affording the same prompt, friendly Fidelity service as always,

New Accounts Given Established Account Attention,

Fidelity

Trust Company

123 East Market Street

Member Federal Deposit Insurance Corporation

RRR

[Juveniles for refusing to permit tend classes. He chose to serve out | the fine in jail. | GOOD TURN UNREPAID Times Special Peters, 51, received a fractured hip ! in payment for his good deed. He | | while attempting to push a neighbor's car. Savings & Loan Association

three of his nine children to atROCHESTER, Nov. 26.—Tom | received the fracture when he fell | SN —————— | 28 South Illinois St,

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