Indianapolis Times, Indianapolis, Marion County, 15 December 1937 — Page 18

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ON STOCK WAR

Output Drop Ending ‘After 14 Weeks, ~ Report.

NEW! YORK, Dec. 15. (U.

P.) .—Indications that the de-{

cline ‘in’ steel “operations in progress. for 14 straight weeks was levelling off

brought demands into steel.

shares on the stock market today and they led’ a general advance. Volume continued

: small.

Steel common touched 57%, 11%: Bethlehem, 57%, up 1%; a tional, 65%, up 1%; Youngstown Sheet & Tube, 38%, up 1%; Republic 18%, up %; and Island, 69%, up 2%, and Crucible, 32, up 1%, - Other issues to gain a point or more included American Telephone, American Smelting, Anaconda, Boe-

ing, Cerro de Pasco, Chrysler, du Pont, Eastman Kodak, International Nickel, Loew’s, Phillips Petroleum, Texas Corp., Union Car-

bide and Westinghouse Electric. 2 # 2 :

Today's Business At a Glance

CORPORATION NEWS

Mengel Co. reports November bookings, $560,750 vs. $1,534,342 year

ago; billings, $698,710 vs. $974,334; 11 | ;

months bookings, $9,567,109 vs. $9,843,027 year ago; billings, $10,915,288 vs. $8,882,140; unfilled orders Nov. 30 totaled $1, 270,098 vs. $2,221,867 year ago. Missouri-Kansas-Texas Railroad Co., week ended Dec. 11, carloadings, 4348 vs. 4814 plevious week and 4755 year ago. Northern States Power Co., week ended Dec. 11, electric output, 26,533,360 kwh., off 04 per cent from

year ago. l DIVIDENDS

Adams-Millis - Corp.,- special 50 cents on common, payable Dec. 24 record Dec. 17. Aetna’ Insurance Co. regular quarterly 40 cents, payable Jan. 1 record Dec. 15, American Brake Shoe & Foundry Co.; $1.40 on common, payable Dec. 24 record Dec. 20 vs. interim of 75 cents Sept. 30, Bank of New York &\ Trust Co. regular quarterly $3.50, payable Jan. 3 record Dec. 24.

Burco, Inc., tegular quarterly 75 | Good

cents on preferred; payable Jan. 3

A record Dec. 20;

: The following sent Fri bids _or Dering; i dicate tile appr

ne ES "fh

ard

- Trac

Wri By

iii LAT An" Whar

- fHigerator i

&Indpls Pwr

Empire Safe Deposit Co. regular quarter $1.50, payable Dec 30 record. Dec. 23.

LOCAL ISSUES

(By Indiagapojis Bond & Share Corp.)

quotations do no% reprebut: merely narigt level sed on buying and inquiries 0 recent ‘transactions.

| BONDS fo ; Bid TH) 4%s 8. --100 Vy WwW 5

w o 2

Citz Ind Tel T

A 1 1 1 1 1

ed ek ped o . a

223"

Nobles Ohio Tel Sov x 2

Bichon,

ymour ten oo 5 49 Tz H Trac & seens-102 T H Water Works 55 56 sieee.100 TH Water Works 6s Term Co.

tk pd ek fk fk fd pet

WWW

} STOCHS Erman Cent -Ind Pwr

d-Hyaro Hee Serv & p 3 Soar,

ne i In

3 t pid 6% xIndpls Por 5 hn pfd 6% % . xIndpls Water Co pfd 5%... Lincoln Nt Lite: Ins com PR Mae N Ind Pub Serv Co pfd 5%%. Pub Serv pfd 6% &8u | Pub Serv pid To<sssen 7 Se 0 fn

11% (By M. P. Crist & Co.)

Market St. Investment Corp... 22.90 24.61 xEx-dividend. : ;

FOREIGN EXCHANGE |i.

NEW YORK, Dec. 15 (U. P.).—Noon. foreign exchange steady.

Cable ost ange m0 yi -4. 5% © 4.00" 151s A aes oot “+00 1-18 ‘(dollar)’ .i.1) {ifans) oe Bo 16 t 2 1-3 (=) 8 1 ion — : ui = Aa 0001 Eat .e +.0018 +.0000% +.0000% +.0002% esse

ssae seoe

i) .1892 -

03517 . S003 tt 4

. eve sese see

+0012,

CHICAGO PRODUCE

Eggs—Market, steady: eipts, Slo graded: a EE SR 2: |

Sse: tres ‘fresh checks. DL storage d 38c:

irties, 1 20%c; ref Sator r stan i [rigerats 4 rae, Bu pier ys receipis Subs: i Bests, Sills co 53634 ras sore) . 8; Cc; seconds; 3 specials, 392@40c

= 40c; standls, 31 era, iad receipts, 2 cars. @20c: A

he!

5c. SIA@18c; ‘Datsies, tc; Longhorns, oasis upplies, mo Ww, mar] rket, steady; Id Russet Bur- © $1 S101, 40; Colo Red Meces, $1. North Dakota Cobblers. Wie oasin und Whtse, $1.10; U. 8S.

rive, 45; on track, 241;

aceount $ n

2 to trifle $11.50.

CINCINNATI, Dec. , "|. Receipts, 3550, odin 5] id

300: 225 a

6341,

¢: | Receipt:

Pub. 19@ Go Shes demand, | Custom;

ley Roads Cut Hog Receipts; |

‘verse weather “soiuditions Taised | hog prices 10 cents here today, according to the Bureau of ‘Agricultural Economics. ; Icy roads. cut the supply in half at the. .opening : and sales: were made at a schedule 20 ce nts above yesterday’s. Finally 1500 more hogs arrived and half oe initial gain was pyre. . Early top ‘moved’ to’ $8.70 ‘on best 140 to 180-pound barrows and gilts, but eased later to $8:60. Most packing sows ranged from $6.65 to $7, few sales of young lightweights sold for $1. 25. All slaughter classes of cattle’ ‘were strong to 25 cents. higher on light receipts. Cows regained their week’s losses as a limited run appeared.

cents higher. Few sales reached $1 higher. Good to choice offerings bulked from $12 to $12.50! a few selects reached $13.

quoted as nominally steady. Best native kinds and part fed Westerns sold for $9.25. Other medium fleshed natives cashed from $7.50 to $8.50. Slaughter ewes sold at $3.50 down.

HOGS

o -3 @

5. 8.40@ 8. Light Lights—

40-160) Good choice. .{

c Cc Cc

230-350) Good Heayywe ights— : ( 250.290) Good - (290-350) Good Packin

“choice. . choice. .

m Slaughter P. (100-140) Good and choice. . Medium

—Receipts, 700— (550-900) Good

$2000 1 £0 M100 14 632100 © 14 LUI NID DIU UO TOOONNOOUNS

C (900-1100) Gi

M iu (1100-1300) oice Goo

Ens Sa, 2989990999

M (1300-1500) Good

(550-1750)

(150-850) Goo

Good i and choice . Common, fneduim

dium..." Low cutfer and- Rutter

Good (beef) Cutter, common and medium. . _Vealers —Receipts, 400— oud and choice .. dium

(250-500) Sood and. choice.., a mmon, medium. 5.00

Foc wd Stocker Cattle

(500-800) Good and cho Common, medi (800-1050) Good and cho Common, mediu

7.50

Heifers— Good and choice Common and medium Cows—

nt Che 100300 ab wo 002g

oul OO OOO

Good Common” ‘and ‘medium . : SHEEP .AND' ite

Lambs—

sessbasvcnvee pA cow .

0-175," Go a choice. . « Com on, medium.

(U. P.).—Hogs—Re8000. dire 10s mar-

CHlcacg, Dec.

this up; t ‘paid for weights" ‘around 160 185 1 ood and choice 150-200 1bs., at or Bor bus acing sone. ns 1 llssipd kinds $7.15. ng. 5 4 9 Cattle—Rece

much done on stee; Jank and file a steady; few loads el “finished Satiings and weighty Sleets fui. 88 on order-buyer such nal 1: stockers ders, oa use of icy

Steady in! strong; Sows: séarce, stro 25¢ er; bulls and vealers. hole,

Sh eep—Recei) ts, 5000. includin - rects; fat lam S_opening- slow; re iss. around steady: “good to “choice native and bela 303580 a0" rE Toor Bert $4 down on ative ewes. ep. steady;

Se —

ke fairly : : et blading, icking - sows or ‘bulk. $6.50

Cattle—Receipts, 350% _cilyes, 250; Ri ; eifers’ about’ steady: se-

i beef cow s,. ons

medium to good cutters and. Tubs Sage culls bulls t i; So Ph rect; market stéa dy lambs eligible, “80:38. dium $2@3.

; low 40; few sau-

fuding 500 difood ewe ad wether grades, $6.50@8. £0; slaughter ewes,

LAFAYETTE, a MEER Rab Ho B BF [email protected] o 1 0: 215-32 its ibs. ATho@r ts

Calves, ‘$1101; 30; lamba NE50G0. 8 down

Dec. U.P.) je restock: LL igner. 0 $8.30: se 5) 15: io 35- 20 1bs.. $7.95; 250foe. Shas? jz. “Sens Re 75. $11.50. ss. $8.75 ?

| DAILY PRICE INDEX 2

NEW YORK, Dec. 15 (U. P).—|x

Hogs Mariel: .55: 160-18

«120 1b;

compiled for the United Press (19301932 average 100): fr Ye day seid dessssensinne 117.00

1937 high (April 1B) sees

1937 low (Nov. 30) ssvasccced 11680 Boe ,

U. S. STATEMENT

WASHIN current fi 1 Je n sca sar through: Dec. 13, comspared ‘with a

eg 33. Ta8 185. 788.011. 33 1508.14 al. 3.84347 477, TE L470 "081. gi & po 37, 043, Has 6.72 33 ss 0k i0T alt the 81 35;803 00 89 98 796,171.00

Incative gold

INDIANAPOLIS CLEA CLEARING HOUSE.

shipments, | 1

Clearings :

eens Uesaee 060000000

: “Yidams ams Esp 1s f : Bb Am Loc AM : eit E # Am smelt 7

+ Prices C Go Up &

-Vealer prices were strong to 50|

{ Hardly enotigh lambs appeared to € make a market and. trading was

: Two

" 1935 1935

10.50 | §

advange most- |: 5; | Adm Pi Aff]

: us eipts, 1000; calves, 1200; not Am Ge

cleanup waa = a Deifers C

higher; bulls, $6.75 down; Véalers, :

s— | Fide lit

common and mes}

$8. 4 ,235-275 it

+ | Bank or Manhatjan aves

Ch o $7. 8: 300- 350} Crem Calves,

Dunn & Bradstreet’s daily weighted New 3

~ | price index of 30 basic commodities, | Public

ago sessssessssssssesss 117.25

GTON, Dec. 15. 1 {@. B.).~Govs

his Yea h 3,383 804,151. ) ; 3 3 151. 58 $3. ir ith

a igh wot Furel :

NEW YORK STOCKS

By United Press

7 pf 124 A 331, Am Stix des. ehh of sid

4: +0 +++ 1:

1 3 TVs 72% 27

BEE o EE

Line. . Atl Refining... 19% 19% ‘Aviation Corp. 3% 3%

Be Bald Loch Sb H id oe

ros... yy 10s 10% Barnsdall

sot he 47 eth Stee Pp 8 8 ] ae? 18 18 Boeing Air ond Sto Tey: ora Wart ‘ner. . TgBosion &, Me. . 17V riggs oe Bklvn- % Gas ; - yn | . Bucyrus-lirie .. Bu Ga M Dudd Wkeel . Burlington M. Burro . 18 Byron R fackson. 17%

—C— 8% aterpiliss TT. : 50% elanese erro Qe Pasco 33a hes Carp 301, hes” Ohio hi R Son 7 *ot a hickasha C .

i FD

AE HERR

sees we

He s

8 17%

Can Pac fic

. oe

CU CO de

Col & res ‘vic 13% Com Solyents a Commony Cons Edison’ oes

nt Can Cont. Dia PF...

OIL OUTPUT IUMPS SHARPLY FROM LOW

NEW YORK, Dec. 15 (U. P).—

0001 crude oil production in the week

ended Dec. 11 rebounded strongly

0 { 200 | from the 10-month low of the pre00 | ceding ‘week, while stocks of finished

and unfinished gasoline continued to. advance, the American Petroleum

3 Institue reported today.

Crude output was estimated at 341445) barrels daily, against 3,387,000 in the previous week and 3,119,500 in the 1936 week. Increases of 14,650 barrels daily

{in Texas, 10,000 in Kansas: and 9800

in - California were - the principal production changes for the. week.

‘NY. Bonds

By United Press

BOND PRICE INDEXES : 20 20 20 Inds. Rails Utils: 81.6 72.8 944 4.2 94.5 73.6 95.6 100.1 105.7 82.8 103.1 101.2. 106.0 . 69.3 92.3 8 100.4 106.2 © 84.77 1035 © 86.4 103.6 93.1 83. 71.0. 893 83.0 (Copyright. 1037, Standard Statistics Co.)

NEW | YORK, Dec. 15 (U. P.),—Bonds opened steady.

60 Bonds : 83.0 | 83.5 ‘© 84.3 + 100.2 92.4 100.7 f1.1 © 100.2 93.8

Yesterdiy Yves Week ago Month ago... Year ago years ago 91.3

. 83.6

1937 1937" 1936 1 1936 lov

| Close Ch e iD ee

oe 2ax,3, 110% “iia . 85% % 8 oF a 4 ey

Argentine 4128 ... B&O Sc 5s .. Canada 55 ......

Phila. & Reading 6s . Third Ave 4s ’60 Eide Water 3%s

Curb Stocks

By United Press NEW 6K YORK, Dec. stocks Opened steady. Net Close a. American Cyanide B 23% . American Super Power Arkansas Natural Gas Ciities Service sevens Electric Bond & ‘Share’ even Lockheed Air Niagara Hudso Northern States Power A .

cede sscaasen see

‘Gas

FEE

IN VESTING €O0.’S -

Bid Ask 11. 96 12.72 4.14 5]

Bid Instl’ :Securitle: Lig Bk Grp 1.0 17, 80 19.

® Cobain pot

8g”

Gs,

=o anos

Amerex Am B;

RN he

v Fd 4 Key. of ‘B2 33, Key-cf B3 1 Rey ef K1 15.

pt pk bt DN) fd pet

pars Keuskasegsssgts BonSankt Esxkizastn

- 0 —- =] -- © © 1

Dp Bk NY 1. ‘Dep Irs A'26

Div Ries yi 19 1 nd, I

ck ata

SRS BIT2RIR +4 Bent anmema;

4 3 as 16.40 4 441 5.13 Gen. Cap a. 23 30.35 Gen Inv 4.91 Group Securities BI 1.20 1.3

en ~ ol te

. 3

SEEghhEesy 's@ 1: gl ede

92 1.01] vig 88 96" 2.87 13.37

He Fe 16. i 17. #

BAN K STOCKS

Bid 21%;

5 L&P Well Fd

Asked xB: ker eee 4415 ok ne New” York Trust IE

Brook us wanover Spe

Contiriental . ..... gn iE nange ve

Title iSustariiee XEx di vidend.

. FOOD PRICES

CACO. Dec, 15 $1. 23015. bushel

tsseesvencse oe

P.). i ANY

Swee eet Jo-:

hampers, Le

squarg sacks) —Illinois, : yellow, [email protected]; Colorado Valen 91,05; Utah Valencias, $1.12.

She Final Edition - of the Times for Closing Stock Quotation

Ye | Month 820 .,cccciconeresien: 127,54

‘Week 880 ..e.occccecececass 22.52

Foote Sanur. Ys

unc $1.26%. up Yc; March, $1.26%, up Yc,

: M 15 (U. BP) ~Curb Ra y

,_{ battle over the minimum-wage bill.

T.:|a minority party.. For 12 years they 447" often, supported: by insurgent Re-' 4 publicans, offered reform after rs1 form, but their bills went 2% | appropriate committees and there 1 i they died. Almost weekly Demo“1 cratic orators denounced the Repub- | lican majority leaders because they ‘I refused to permit bills to be reported “lout for action. When, in 1930, the : | Democrats for the first time since

“Imajority in Congress and made

+ bushel, 40@60c. Spinach ||

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS

oer} se esssecvessseins +129.80 ’ Year ago .. siieensse ves. 18158 High, 1987, "194. 40; low, 113.64. High, 1936, 184.90; Tow, 143.11,

. 8180 . 82.64

Yesterday Week ago 3 Month ago ..... . 82.98 - Year ago 54.96 High, 1937, 64.46; low, 29.15. High, 1938; 59.89; low, 40.66. bes 20 UTILITIES : Yesteriiay evessessisevonsssns SLID Month a0 c.cccccasocssceses 22.61 Year BED vereceenses oa asnsise 35.28 High, 1937, 37.54: low, 19.65. High, 1936, 36.08; low, 28.63. y 70 STOCKS ..

Yesterday Jie ir esvanr eave 41.08

“Righ, 1937, 69.67; low, 38.87. ‘High, 1936, 66.38; low, 51.20.

High Cont In seve : 31% Cont oil Dei". Corn Prod 8v Crown Cork... 33% Crucible St... 31% Curtis Pub Curt

rt Curtis-Wr A .. BH

Deere Le. ave : 34% 24 D Lac W.. 1%

Domin ,8trs . =

Du P 3° 11312 Du Pont deb. 131% 131% Eas t Kodak +.160 Elec Auto-L ... 1 %

5160 18% Elec Pwr & Lt.

13% 44 252 18%, 2"

Equit Bld . 4

Bureka Veo aes 4 <8

a, fs 31% 16 22° 2

27%

Galr Robt .... 4

WINNIPEG GAIN AIDS

Corn Also: Adv: Advances as | Newport

St. Louis Raises Bid.

CHICAGO, Dec. 15 (U. P.).—Chicago wheat reflected the day’s sharp upswing in Winnipeg where prices for December futures climbed almost 5 cents a bushel. At the end of the first hour on the Chicago Board of Trade wheat was % to 3% cent higher, corn was 5% to 13 cents higher, and oats were % cent. higher Winnipeg December wheat has gained around 9 cents a bushel since Monday on strong independent bullishness and this strength gradually has been reflected in Chicago. Liverpool traders today. were reported staying on the sidelines in anticipation of the Argentine crop report. Wheat receipts in Chicago were 6 cars. “ ‘Corn prices firmed under leadership of December on strength in

and other markets are bidding over all futures here. There

were 83 cars.

WAGON WHEAT City £1ain elevators are paying for No. 2 red, other grades .on their merits. Sash or new NG 2 vellow, 4lc. Oats

ARGENTINE GRAIN BUENOS AIRES, Dec. 15.(U. P.).—Grain’ futures opened irregularly higher. Wheat— December, $1.06%., off Yc: February, $1.03%, off ac. up Vacs ‘Februa. C,

Corn—December. , 73%c, up %ec. Oats— anged. = Flax—February,

LIVERPOOL WHEAT

Ys 372 1. Tait I 1a ] 1.14% 1.13%

SEC TO SUP FOREIGN COMPANIES

WASHINGTON, Dec. 15 (U. PJ). —The Securities and Exchange Commission today had adopted new rules to bring foreign holding companies more closely. under its supervision. Under the amendments, the Commission will. require -all . foreign holding companies to register with

the commission. if they: seek to acquire: any utility assets located in the United: States ox more than 5 per -cent of the 'securities of any holding company or subsidiary

5 |'Hipp M

‘Johns-Man ; 4

h Ke hnecott

WHEAT AT T AT CHIGAGO i

Buenos Aires. Reports that St. Louis | Servel Inc Chicago for corn helped strengthen| so cat

was little {- selling of importance. Corn receipts | Socry-co

74Yz¢, - oo Tr

which operates utility assets in this country. .

Deénocets Fall Into Own Pit In Dispute Over

By:JOHN T. FLYNN Times Special Writer _ WASHINGTON, Dee. 15.—Politicians who contrive" ingen set agems to crush their enemies might do well to remember ‘that the Sogs frequently take a hand in the sequel. EP When the President sought to change the course of Judicial’ pinion by packing the Supreme Court, a good many critics of his: Der ‘| was a bad plan because it was forging a weapon which at stile’ | his enemies. might use against him

bags y

Sen

A X= pert om

Tan T.. ‘Gt North pf.. 'Greyhoun Grant pf

BERR.

Hecker Prod . Homestake . Houd-Her B .... 9%. Howe

2% oe 47 47 Matos 3 1% 1% wef

A wd . . nil

: ds ® srs >

- ech

Ty 7

stone Stk Kresge D8 ... i

EF EEE

a. ® = =

HH in al

V M M V V Ma a McCall Corp ov

McGraw H .... Keesport ....

‘ *» REE LE LE]

Corp 16 ont, Ward cove - 3 Lode

Nash-Kelv .... Nat Biscuit . Nat Bis pf Nat Cash’ Reg.

Nat Distillers. .

RT + ip

1 21%

1] HE Ese ee

Mat Su 1 Nat Si Sith

ry. oF .. tee 213%

pony

12 3 10%; .

Shi ol Ba 20% ver Farm Otis Elev 2 Otis Steel ceees 10%

it:

Tes

tHE Feet

+o +i bd ee 8 memes

LHH+D [+++ EEE

. . . .

Radio R

R R Re

yn Richfield - 58Y 13%

Sears Roebuck. oo 16% 5

. .

uns Symi Sym-

ee : «8% 6%. 6% Yai. 3 ; - 30% Jia a

ould iv. 1%. 1

fenn COID ... fexas Corp . fide W A Aoi:

1] Timken B... Trandamerica ow 10%

b 26%

Und Ell Fish... 52 B&P ... 9%

1 1 1 1 | 2 sae 1 1

IHF Feb + +00 HF + | EERE

g . ol se Imp .. 10 U 'or Sec... U 5 1

1 4 tee 1 U 107% 101 ——Va16% 3% ne Were. ee 4%

HE 8 Fr;

anadi Vanadium 3%

Va-Caro Ch ...

41% 8

T% 14%24 24, “24% 105 - 57

ot bi

Jabash pf A . orth

W Walw Warner Bros TY Waukesha Mot. 14% West - Union... West Air_Bke : 3 Wheel sa [PF ‘pt 57 Whi 10% Wi live ter of 19% Ison & . 5% t Tx :

1001WOILil

JOT WE :

Zenith Rad ... 18 18% fo 3

Wage Hour Bill

i ,

Now a striking illustration of the truth of that comes to light in the

For 12 years the: Democrats were:

to the

Woodrow Wilson's .day, captured a

John Garner Speaker of the House, Mr. Garner's first great reform was

ane. Other bate News

wished to kill bills in. committes. iL so the same Democrat, 1 - battled for their , now abolished it;

out of committee.

circumvent their erjemies. scotch what they called movements on the floor, For the rule worked beautif

Democratic, it is no: longer 8 com: | pliant House and the: committees are, no longer obedient .instriime: the President. So at

% | party,

This, of course, fii pe

IVANNUYS PLANS | _'' DRIVE SOON FOR| RENOMINATION|

Sencon to Return to State Early Next Year to ~ Open Campaign. |

By DANIEL M. KIDNEY * Times Staft Writer

tor -VanNuys : (D. Ind.) announced

. | today that he.would return: to. In-

diana early in January to start his. 1938 campaign activity, . -- -

return here for a conference with

-High Commissioner Paul V. McNutt when he “returns from the Philip- |

pines. Great- hope is being placed by. the ~VanNuys’. forces in the possibility that former Governor McNutt may give the.senior Senator the green light for renomination. : -This is based on the idea. that such action would foster .Commissioner McNutt’s. presidential aspirations .for 1940 among the, Southern conservatives of the Senate, where

.| Senator VanNuys has many friends.

Against this hope would be the possibility that Governor Townsend might ' refuse to accept Mr. Mc-

i; | Nutt’s orders in the matter.

".. McNutt Is Expected .

Mr. Menus is expected -here next month ut the time that Indiana |

‘| University: trustees are to meet in % | New York City.

He may then be made president of the University, return to his: Philippine post- or be-

‘| come the Democratic senatorial can-' % | didate and unseat Senator . Van various predic- |

Nuys, according to tions. » Whatever his plans, Mr. McNutt’s return. is expected by some to settle

the question of whether he or Gov--ernor Townsend controls the party

organization in the state. Back of the political facade also looms a fight of economic powers, it is said. The politico-economic leaders behind the two men are not united and may clash in their various interests, according to réports. Frank McHale stands in this relation _ to Mr. McNutt, and Alex Pursley to Governor Townsend. 2 Mr. McHale has become a leading

‘Indianapolis attorney since moving

to the State Capitol from Logansport: after Mr. McNutt was elected

| Governor, and Mr. Pursley long has

16.0.P. POLICY BODY 1S ENLARGED 70.200

-1. Hamilton Denies Bickering

Over Membership.

| sT: LOUIS, Dec. 15 (U. Py—|

‘The Republican National Executive

Ys Committee reached the halfway |’ ¥s { mark today ‘in selection of ‘a. pro-

gram committee to draft new Dart!

s | policies after increasing: to 200 the’

proposed membership in the’ group. “Candidates ‘for the chairmanship of ‘the policy committee, according to John D. M. Hamilton, chairman

“lof the executive committee, have 1'not been under consideration. =’1'said the ‘chairmanship’ would not

He be filled until all the committee had

7 been. selected. . .

The increase in membership will facilitate selection and insure representation’ of all factions in the Mr. Hamilton said. The number of members originally planned was 100. Mr. Hamilton denied that. followers of former President Herbert Hoover and former Governor M. Landon in the Executive Committee

‘had created dissension by bickering | ig.| over selection of members. :

SOUTH BEND LAWYER

IS BURNED TO DEATH

SOUTH BEND, Dec. 15 (U. P.)— Authorities today were investigate ing' the death of John Talbot, 68,

| once - wealthy . lawyer “who served | time in a Federal penitentiary after:

being convicted on white slavery charges.

Talbot, -a cripple, SWE found

| burned to death yesterday in his} "office in the Platt Building where he

lived. He was sitting upright at his

"| desk on’which lay a bottle of milk, ‘| some food: and a small bottle of

whisky. Ross Jordan, who has offices adjoining Talbot's, told police he smelled smoke and ran into Tal‘Pot’s office. He said the smoke was s6 thick. he couldn’t get inside un-

Talbot was dead when he reached { him, he said.

’ -} BEGINS 42D TERM |

AS LODGE OFFICER

ve Tas. secretary sof the Ed FP. & A.M. He Of the organization, ° : cial honors: also were conupon: Mr. Moore in JEornl. a half centufy of ac vity in ihe, Tn He is Indiana National vice president. her officers elécted were Ww. A. binas, worshipful master; V. 5 Leay, senior warden; De ey ets, Fomor. Marden. = sna ari

FH ora Smith. Was.exegotoa No of’ 12 nen’

1 arguments are Sxpected Wo

; take three-or four hours. ol. s brothers’ and |

FO QUICK LH LE ALL {SE

§ n BENZOL

WASHINGTON, Dec. 15.—Sena-|

After a few days conferring. with | "his leaders in- the state, he- will

| that he mistreated a prisoner in the

‘had directed that he be rearrested

‘courtroom.

- | returned Summers. to Lafayette.

‘house plants.

| persons wishing to. live as long as

til he held a wet towel to his face. | “spinster” and one. of .its wealthi-

| when a year old. Her father was | Ebenezer

‘re-elected last night at a meet- |.

TRAGEDY. STRIKES 3D "TIME INFIVE YEARS!|

‘family for the third time in five years when Forrest: Fulten Jr, 13,). {lod after a basketball game in gyn | being completed today. ol

‘| truck, Besides: the brother and sister. survive,

who ever Die. of ne =~ ‘crash: through the “For Men Only” sign in Soviet Russia's highest com mand—Mme. Viacheslav Molotov, - wife of the Soviet Premier. She was appointed vice commissar for: the food industries and therebybecomes among the first women

ever to attain cabinet rank in the’

20-year history of the U. S. 8. R. -

CITY DETECTIVE IS SUBPENAED

Summoned to Explain, Charge He Mistreated | Prisoner in Courthouse. :

- Howard Sanders, city detective, has keen supenaed by Judge Frank P. Baker to appear .in Criminal Courl, tomorrow to explain charges

Courthouse yesterday. He denied today that he struck Joe Summers, 26, a prisoner he took into custody. The . detective .explained that Summers slipped on a wet floor and that he mistook. the move as an attempt to escape. The incident occurred after Judge Baker had dismissed charges of petit larceny against Summers and

on a larceny warrant from Lafa-

yette, : Chief Asks Probe

.Mrs. Alberta. Goins, Courthouse elevator operator, said she saw Detective Sanders stri¥e the defendant on the side of the head outside the

She added she heard someone say, | “Let’s pitch him - over the bannister.” | - Police! Chief ‘Morrissey asked an invéstigation when informed of the alleged beating. Meanwhile, . Tippecanoe . County authorities came to Indianapolis and

the Indiana automobile title act.

James Reed Swain;

RAPS ENTRY OF GOVERNMENT IN FINANCE FELD

Wistar Sis State Senator Talks Before Loan Association. Government, competition in buste

ness had been criticized today by G. Erle Ingram, Wisconsin State

| Senator.

--He spoke before the closing, ses

-| sions of : the ‘Hoosier : Association of ‘Finance Companies af the: Hotel | Lincoln * yesterday.

‘The association elected Bennett B. Bobbitt, Kokomo, président; Fred L. Mahaffey, Indianapolis, vice president, and Fred V.. Chew, Chicago, secretary-treasurer. Senator Ingram. said constructive. regulation of business .“should ‘be. welcome but Government entry into business for. competitive pure poses should in practically all ine Stances be vigorously resisted.

Industry Restricted

“It comes with decided ill grace to. the small installment finance man to have the Government enter the field of consumer credit for competitive purposes. “Entry of the Government into the consumer credit field not only restricts private industry but at -the same time throws thousands of people out of employment,” he said. The address of Mr. Chew on “The | Fight Against Dealer Coercion,’ » was not made public.

f Asks Title Changes

' CGleorge Omacht, South Bend attorney, pointed out “weaknesses” in

“Under the present law, the finance company, which really retains title to a car or holds a mortgage on it until all payments are made, must transfer title to. the purchaser so that the latter can get his state automobile license,” the speaker said. “This nominal transfer could be avoided if the license registration form stated that possession of the car was conditional.” Benjamin Friedman, Bureau of Motor Vehicles chief title clerk, said revisions are needed. in the: Indiana Automobile Title Act. “Some features: of. the title act are good and there are athers that would stand revision. I have often thought it would be a good thing to have two certificates of ownership, one of legal title and the i o a registered title.” :

FACES DEATH SENTENCE

EVANSVILLE, Dec. 15 (U. P).~ 18, today awaited ‘a death sentence for the murder of Christian ‘H. Bredene

| kamp, 70, during an attempted holde

up: on Nov. 23. A Vanderburgh cire cuit court found him guilty Yestete

da,

Celebrates 98th Birthday,

“But: Tey Streets Bother Her

Happy because today was her 98th birthday, Mrs. Laura Van Allen, 2340 Central Ave. at the same time was “a lite bit Gisappoinied because

the streets were so slippery.”

She was afraid many of her &

friends would be unable to come to help her celebrate and to eat a “big birthday cake.” . Mrs. Lela Kimberly, -a- daughter and only living relative, said her mother’s chief worry today was that “the cake wouldn't be’ eaten.” Mrs. | Van Allen lives with the daughter. A resident of Indianapolis for 29 years, Mrs. Van Allen was born in Falmouth, Ky., -and.lived -in Illinois before moving here. Her husband, a Civil War veteran, died several years

ago, Reads and Grows Plants

Although she is quite active for her age, she finds stair climbing a difficult task.- She spends much of her time reading and growing

Mrs. Van Allen is the last survivor of a family of eight children and she has no particular advise to give

she has. Her ambition now is to celebrate her 100th birthday.and “not to have such a slippery. day” on that date.

i SPINSTER,” 79, DIES

. CHICAGO, Dec. 15 (U. P)~— Miss Kate S. Buckingham, wealthy art, patron and last member of an eminent Chicago family, died at her home last night from a heart ailment, She was 79. Known - as “Chicago's. grandest

est . women, .Miss _ Buckingham shunned social _ life and confined her interests to her philanthropies and proteges. She was born in Zanesville, O., in 1858 "and ‘was ‘brought to Chicago

Buckingham, Chic pioneer and builder of its first banking houses, elevated system and ‘several ‘businesses. “My father built, it,” she said. “I'l beautify it.” ..

" HAGERSTOWN, Dec. 15 (U. P). —Tragedy struck the Forrest Fuiton

“Tolass. ' Funeral arrangements were ‘Five years ago. another son: was {scalded fatally, Two years ago a daughter. wes killed. when hit by a parents, a

BAILS PLEA FOR GOAL RATE GUT DEBATED

Commission Considers Appeal to End Fixed Charges.

WASHINGTON, Deg. 15 (U. P)—

‘| Railroads looked to ‘the National

Bituminous Coal Commission today as well as the Interstate Commerce Commission for ‘help in - making their revenues, meet their expenses. + The Coal Commission announced that it would consider the carriers’ arguments put before the Commis sion late yesterday for revocation of an order fixing minimum prices for coal in various market areas. The carriers estimate -that the inimun prices fixed by the coal mmission would add’ $19, 480, 000 a ‘year to their fuel bill. Hearings ended before the I. C. C. yesterday on the carriers’ petition for a 15 per cent advance of freight rates, and increase of Eastérn terri tory passenger fares one-half cent per mile, to add $517,000,000° pet’ year to their revenues. : The I. C. C. will hold field hear= ings throughout the United States,

‘and reconvene in Washington Jan.

17 to take final evidence and re. ceive oral arguments.

J. S. KNOWLSON TO TALK

eet J. 's, Knowlson, Stewart-Warner Corp. board chairman, is to speak at the 48th annual dinner-meeting of the Indianapolis: Chamber of Commerce Monday in the Claypool Hotel. Members are to honor Mr. Knowle son ‘and J. E. Otis Jr, presidént of the corporation which recently ac quired Marmon Motor Car. Co.. 0. plant

| No. 2 for production. A

INDIANA LAW SCHOOL

(of Tudianapolis) Established :189

DAY AND EVENING Oy i¥ions White r Call Jhosistras a 303-324 State I RI-

ife Complyin with rules: . Bh Su eme ior ee

Christmas Gifts... . For the Office For the Office Man

Cellarettes, Stokadars I.E. S. Desk Lamps, White Knight Desk: L ;