Indianapolis Times, Indianapolis, Marion County, 3 January 1938 — Page 14

’

| Steel Shares in Load:

Air Issues Strong; Rails Steady.

NEW YORK, Jan. 3 (U. P.).—The stock market opened the year lower, lagged along during the morning and toward noon displayed rallying tendencies under lead of

steel shares. Wall Street anticipated a risey would be shown in the nation’s steel operating rate in the American Iron & Steel Institute report later today. United. States. Steel touched 53% " and then rose to 55%, up 1%. Bethlehem rose from 57% to 60, up 1%. Chrysler strengthened after touching 46%, off 1. General Motors came back after selling at 29%, off 1,. Airplane issues were strong and relatively active under lead of Douglas, which rose 1% to 40%: Rails were steady. Sears Roebuck led its section with a 3 point rise. Johns Manville rose 11; points to 78. Util-

ities registered small gains. ver » : » =

Today's Business At a Glance

GENERAL BUSINESS

American Bureau of Metal Statistics reports first 11 months, world lead output 1,724,259 short tons; November output, 172,180 tons vs. 164;146 in October; U. S. November lead output, 42,892 short tons vs. 45,'112 in October first 11 months, world zinc output, 1,688,236 tons; November output, 157, 887 vs. 162, 066 in October; first 11 months U. S. output, 538, 140 short tons; Nov. Output, 49, « 388 vs. 52, 645 in October.

CORPORATION NEWS

First National Bank of Chicago, 1937 net profit, $4,807,505 vs. $5,099,318 in 1936. Glidden Co., fiscal year ended October 31, consolidated net profit $2,542,793 equal to $2.62 a common share vs. $3,085,469 or $3.29 previous year; six months, $859,539 or 79 “cents vs, $2,217,712 or $249 year ago. Br ternational Railways of Central America, November balance for fixed

| Heavier Hogs

Gain as Light ‘Weights Drop

The local hog market today was a two-way affair, weights scaling upward to 250 pounds, declining 5 to 15 cents, compared with Friday's bulk sales, while heavier weights gained 5 to 20 cents, some 5-cent premiums on strictly chqjce, uniform

hogs lending further upturn, according to the Bureau of Agricul tural Economics. Top was $8.50 on best 150 to 180pound butchers. Packing sows responded with a 10-to-15-cent advance, bulking from $6.15 to $6.65 with a practical top of $6.75 on good lightweights. : A cattle supply of around 1000 head, including a liberal percentage | & of she stock, drew fair action after a slow start. Steer and heifer prices were about steady with the close last week. Quality of these classes was

of medium bullocks scaling around 1025 to 1100 pounds moved at $7.25

|to $7.90, a load of plain 974-pound

averages at $6.65, other common lightweights downward to $6 Only odd head of heifers reached $7.50, but there were a few loads of around 750-pound averages at $7.25, with the remainder mostly kinds from $5.50 to $7. Low cutter and cutter cows opened steady but sold off a shade or so later, early sales from $4 to $5.25, with some late sales of low cutters under $4. Better grades were slow, largely

ings to $6.25. Bulls were unchanged

| at $5.50 to $6.50 on sausage offerings

while vealers lost 50 cents to bulk at $1150 to $12 for good to choice offerings. Lambs ruled 25 to 35 cents higher, western fed offerings showing the maximum upturn and topped at $8.85 for best finished offerings. Best handyweight natives brought $8.75. Quality considered, a load of yearlings averaging 88 pounds were 25 cents up at $7.50.

charges, $224,807 vs. $156,644 year | Dec

ago; 11 months, $2,312,115 vs. $1,880,874 year ago. International Shoe Co., fiscal year ended Nov. 30, consolidated net pro-

fit, $6,266,992 equal to $1.87 a com-|Li

mon share vs. $8,416,927 or $2.51 previous year. Nevada-California Electric Corp.

. and subsidiaries, November net in-

come, $21,301 vs. $10,090 year ago; 12

~months, $807,603 vs. $840,454 previous Packin

12 months.

New York City Omnibus Corp. in«cluding Madison Avenue Coach Co.

and Eighth Avenue Coach Corp., November net income, $181, 955 vs. $213,547 year ago. Oklahoma Gas & Electric Co. 12 months ended Nov. 30, net income $2,797,601 vs. $2,248,986 previous 12 months. Southwestern Bell Telephone Co., first 11 months, net income, $16,494,633 equal to $8.72 a common share vs. $16,545,353 or $8.75 year ago: Teck-Hughes Gold Mines Ltd. re‘ports November quarter estimated ‘net profit at $444,688 equal to 9 cents a share vs. $603, 472 or 12 cents

year ago. DIVIDENDS

J. D. Adams Manufacturing Co. ‘regular quarterly 15 cents on common payable Feb. 1 record Jan. 15.

N.Y. Bonds

By United Press BOND PRICE INDEXES 20 20 20 60 Inds. Rails Utils. Bonds Friday ........ 80.3 1.2 94.1 “Ls 93.9 73.0 2943 105.6 103.7 106.0 92.3 106.2 103.5 103.6 89.3 (Copyright, 1938, es Statistics ce.)

YORK, Jan. .3 (UU. P.).—Bonds ady. Ni

Curb Stocks

B8v United Press

YORK, Jan, 3 (U. P.).—Curb By OP Todi ! gr

+ | ers.

' CHICAGO PRODUCE .

“Eggs—Market, gasy, Tecelnts, 5199 cases firsts, cars, ~33c; aded iis rs 22¢; less h Checks. 10: sorepe dirsies, 186: es, ; h dirties, 19¢; current receipts, 22%ec; igerator extras, Se. refrigerator firsts,

ra ret, unsettled! receipts, 10,- 2azly

9153 score)

i l3b wd

Twins, 17@17 a y a mio oderate; market,

gdeman Tdaho 7 FEEL , [email protected]; a Bliss

$401.50; Nor : And Whites. $1 F a ' Russet a res

sunday.

YNE, (U. o Ete 10@20c Yuen: “u0cie0 }

than Soar.

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

(2 ht Her gat Good choice. . (290-315) (Sood

choice. .

(350-425) Goo (425-550) Good s BS) ed M u (100 a Good ane choice. .

(550-900)

353

Cc (900-1100)

C (1100-1300) + Choice

4 C00 14 03 300 4 0 2200 ¢ I-Ie bods SUS ama

M (1300-1500)

£350-750) Ch

Good Uh. mediu Low cutter rh eutier

Good (beef) ; Cutter, common and media

Vealers —Receipts, 400—

hoice .c.evvveee ie. [email protected] I alee X! 5.0001050

um Cull and common 6.00@ 9.

250-2 Go od and choice... [email protected] 50-290) Eo mmon, medium. 5.00@ 7.00 eon and Stocker Cattle Steers (500-800) Sood and cho! mmon, medi (300-1050) Good and cho

mmon, medi Heifers— Good and choice Common and medium cows.

on on

8% 3k ¥88:

ce.. m.

09 99 ONY min he sla £5 83 838%

Common and medium SHEEP AND LAMBS —Receipts, 3500—

® OD » Sune © =a, <Q oon

on S (00-178) “Good and choice.. Common, medium. 2. 50@ 3.50

SSHIC. CAGO, Jan (U. ).—Hogs—Reeins, 27.000, Iaeitding 4000" directs; marKet. 15@25¢ lower; top, $8.40; bulk good and choice 150-200, ‘Ibs., [email protected]; 21 $240 Ne 2350, 1b b § hi 2 30 1067.30, 5 ps - s., butchers, ackin; sows, [email protected]. » g Cattle—Receipts, 15,000; calves, 1500; not gnough fiche on, fed steers to make a market; upDlY. liberal; undertone, 25¢ lower; Th "heifers, steady; [email protected] on numerous loads; arket, 5 supply small; stock-

strong; vealers, stead $11.50 do pods. . eep—Receipts, 10,000; no directs: fat lambs, active; Pew sales, Base higher; others hed higher; good to choice fed lambs $8.75; others held $8.85@9 nd “abv Oe) “snes, wii to 15¢ higher; WA P.) ) He $8.40; 80 lbs. S330. 180-200 lbs oso: 200225 lbs. 5-250 1bs., $7. 70: 250-275 1bs., $7.45; 15.300 The. $7.20: 00-35 1bs. , $6.90° 120-140 RE: $8.10; 00-120 Ibs.” 37 .85; ob. saa) Stags, 85. “calves, $11.50. 2400, Ja ined a gu ‘1110 ai ta; inclu ng rec TH 10@3sc b bigher; top. $8.60: 25; ol , [email protected]; Cattle—Receints, 1500; - ers predominatine: 0; caly on Heit: Part oa ur Bead S 0 750 .,. [email protected]: g | oe, yg hasan common to good

Receipts, holdover. 140 200-225 Ibs,

3 BS @17.50: Sausiter” ewes, ( Jnainly m_ grades $6.50 | Bemvier Seite : Tio-ino ati. 1 5.305 Ne 0 a: $000 U. S. STATEMENT

Fg don current

aso; 100-150 Ibs. down. Calves, $1i

lots of medium weights and weighty | &

«Container

mostly plain to medium, best steers |p Lac on offer scaling around 1050 pounds | Dist Sear being held above $8.50. ‘A few loads Dow

Bast BR Mill ... 5

$5.25 to $5.75, with best beef offer- | St Nor

18 Shell Un

25@6; sausage bulls | Sheep—Recei Dts, 0. including none ai n lambs, $8@

50: | relatively high,” le said. tr rapidity with which we have a pped to this level is in itself a

NEW. YORK ST}

ills %

6 ank Note. 11Y, 11 Can 10%

FELL TH: +1) yd

Atlas Tack. 41

et wl 7%

_ High,

Friday ; ver

“tues a nds da Mentha BED irvasacecarisesi:126.21 | =, Year ie SBIR GI 177.72 ) Sigh 1 1937-8; “194.40; ‘low, 113.64. High, 1956, 184.90; low, 14311, 2

1987-8, 387.54; Tow, 19.65. * High, 1936, 36.08; low, 28.68. a STOCKS ..» 40.30 Week 250 swsnesessessesanety 41.21

tess

Ys | Month 880 ..iccebossssassee. 42.71

Colgat

8% Col a . 15% Colum Gai 8Ys

as Col Pictures ‘te nai; n t.. 17

Con Textile . is

PIE DE FL

Curtiss Wr A.

Deere & Co . . 21% “3 &W ... $e : 38%

111% Ee §i161. 3 ts Vs

i++ 4

Pont |.......111%

East Kodak =. 181 Elec Boat es 8% Eng Pub 8. ... 4% — 27 19

Fair Morse .... Firestone! T n..

Gen Baking ... 7% Gen Electric . Gen Foods .. .. 3 Gen G & E A. Gen Motors oF.

52 Holland Fura ‘w Homestake ... Hupp Motor ...

hl Ls Thy vi nspiratn Int’ Mining p-. Int Nickel"

SHEE +

Int T&T For..

Kennecott 35% Kresge SS 15%, Kroger G&B .. 14% —p— Leh V Coal. . Ys [-O-F Glass ... 34 Lone Star Cem. 32 Long Bell A 3% —M-= 18

151, 14%;

7% 34 32 3% M 18 M . 26% 26% 23%; 233, M eve B 6 Martin Gl 20, May D S M M M

343, ex ...; 51h ee. 30% de... 3g

5 9% 14 . 203, . 16% 1% 19%, No Amer pt ... 50 =O 12 9% —pPis Packard 4 Park Utah '.... Penn RR 21% m .. 11% . 4% 6 A 38% aol 45% en 82 29%

Rn 6 . 16% —S—n aa Bay 8 8 Sharp & D ... 4 . 4 hare | & Bu 4 “ts idl all

16% 16% +6% 6% 6%.

NEW BREWERY HERE BEGINS OPERATIONS

Annual Payroll Estimated at | $150,000 to $200,000.

A new: Indianapolis Brewery, the Ajax Brewing Corp. today began operations in a modern plant at 1254S. West St. The new beer is to be available sometime in April, according to John L. Reuss, president and general manager. Operation of the plant,

which has a capacity of 150,000 barrels a year, will provide an annual payroll of $150,000 to $200,000, Mr. Ra estimated. b Guehring brewmaster for almost 40 years, is in charge of proShion: J

SELLE LE: Lh

Ohio oi Omnibus

32 29% Radio 6 Rithue Stl . 16%

Seabd [0 Sears Roebuck

Silver-King °.

‘Year ago

low, 38.87%.

High, 1937-8, 69.67; low, 51.20.

High, 1936, 66.38;

d+ LTH

Union B & P . Jnion Carb ... Un Pac pf 1 Jn ay Cp ‘26 On Lines . 73% aise com obi United ® - 36% 10%

SHIEH oe

United

Prui Un Gas russ 10%

WHEAT PRICES SHOW FRACTIONAL GAINS

Trade Volume Is Moderate; Corn Is Unchanged.

CHICAGO, Jan. 3 (U.P. —Trading volume was only moderate today

i |as wheat prices gained fractionally

on the Chicago Board of Trade. At the end of the first hour wheat

|was 1% cent higher, corn was un-

changed, and oats were unchanged to 3% cent lower. Traders appeared reluctant to make any commitments during the early part of the session, preferring to wait until the Presidential message to Congress is read. Anticipation of Congress reconvening had slowed trading in all pits this morning. Wheat Taceipis were 44 cars. Corn prices lost their early advance in a small sell-off, Shipping interests were chief buyers but scattered selling by commission houses and locals more than offset the bullish trend. Export business

i; | was reported wholly lacking late in

the session. Corn receipts were 217 cars.

LIVERPOOL WHEAT

OW-JONES STOCK AVERAGES | a : High torr Lait anene a ;

- ‘Wabas

West Bone: es PE | West Alt “Bke i Wilson A .

1 Yellow

- :

2 $y

ward Bok A.

-- Show

1300

Vale oo

Young sh pe ah

- ude ty

WARNS BOYCOTT “| OF NIPPON GOODS

MAY HARM U. S,

Writer Points to Nuribet of Miliworkers Whose Jobs Depend on Silk.

By RUTH FINNEY Times Special Writer

‘WASHINGTON, Jan. 3—The growing movement for boycott of Japanese goods has led officials and businessmen to consult records of

% | the Commerce Department to learn

what the boycott would do to the eco c life of this country if it became really effective. In the first 10 months of 1937 ‘| Japan sent goods worth $175,168,000 into the United States, an in

3, |Of $35,215,000 over the first 10

months of ’36.

At the ‘same time the United States sold to Japan goods worth $253,710,000, an increase of $89,895,000. Japan was our third-best customer.

If a boycott brought retaliation by Japan, the first to suffer in America would be the shippers of raw cotton and of iron, steel and tin scrap. Those were our biggest exports to Japan in ’37, valued at Ja ,080,000 and $38,572,000 respecvely.

Shippers of crude oil, . gasoline, fuel oil and lubricating oil would

feel the loss of business and so |P#

would copper and wood-pulp producers. Many other industries would be affected in lesser degree.

U. S. Buys Nippon Silk

From Japan the United States has been buying raw silk—this year some 55,700,000 pounds valued at $84,741,000 — which accounts for about half of the import trade. Other imports include bleached cotton cloth, silk fabrics, china and porcelain, crabmeat, tea, earthenware and stone, coney and rabbit, mink, crude and refined camphor, pyrethrum flowers, menthol and perilla oil. Pyrethrum bowers, used in making insect powder, are about the only thing on the list that couldn’t be obtained somewhere else with the hii 4 important exception of raw Almost all of this country’s silk comes from Japan and could not be

Prev. v. | obtained elsewhere, and silk plays

BE 1 31.08% 1 5 5: Yi gL 09% o covues se rhed0% 1.10 i%

ARGENTINE GRAIN . P.).—Gr

1 08% 1.095% 1.10%

ain

9%c, unchan bruary, unchanged; March, $l. 30%, unchanged.

.- | FOREIGN EXCHANGE

NEW YORK, Jan. 3 (U. P.).—Noon foreign exchange higher e Rates Net Change

En and {pound) 551 Sos 5 B70

Fr Ha 15-16 0000 9 9-16 [taly (lire 526% + ;

ark) switzerl'd (franc) Holland (guilder) . Swed a)

st Austria 0S csiova 4

(koruna) ’ Finland | (markka) .0220 Greece (drachma) .0092%% Jugoslavia (dinar) .0235 New Zealand (lb.) 4.03% Poland (zloty) . .1898 Portugal (escudo) .0455 0075

Ruma 3338

nia (leu) Argentina (official: peso Argentina {unos

peso) Brazil (milreis)... Chile (peso) ai) wn

Mexico 37 Ten)

Hongkn dollar) Sha. Agha Honan) India (rupee Japan (yen)

LOCAL PRODUCE

Heavy breed hens, 4% 1bs. and up, 17c; under Sv 1bs., 14c; Leghorn hens, llc; heavy Springer S, 1% ibs. and over, 18¢; Legho! =p gers, 1% Ibs. and over, 14c; Daeback Drones, 15¢; old roosters, 9c. mm, 21c (Each full case must weight 55 lbs Stoss. A net deduction of 15 cents each full case under 55 "ibs. will be ma e)

.2780 .3132 2062% 3782

utter—No. 34%hc. Butterfat—No. No. 2, 30c. (Prices quoted by Ind? Wadley Co.)

See Page Il for JOHN T. FLYNN'S Chart of the Business Year

Encouraging Note in Slump Is

| 3

| #

Its Abruptness, Banker Says

NEW YORE, Jan. 3 (U.P.).—An encouraging feature of the current

bus

ss recession has been its abruptness, Winthrop

W. Aldrich, chair-

man of the Chase National Bank of New York, said today in an an analysis

ess conditions. Mr. Aldrich, who also is president of the New York State Chdmber of Commerce, declared that December business figures suggest that the decline has ceased and that i business curve is flattening out a level which did not look unmising when we reached it in 1935. but which is .none ‘the less much too low.” Retail distribution continues “The ex-

ful sign, In many lines the line has certainly gone too far, but in any case there has not been -|time for the veakening of the

-| financial structure or for the ex-

haustion of the savings of the peo-

ple which a slkw and prolonged | I

decline of the same dimensions would have volved! Reviewing recen indications Pnune toward Songeestional

problems can lead to an 5 early reversal of the business tide.” ‘The sharpness of the recent slump, Mr. Aldrich declared, indicates that the previous period of recovery was based in part at least on artificial circumstances. characterized heayy Government expenditures financed through the banks as “neither normal nor desirabel” and wamed that “economic stability is never attainetl by substituting Government expenzitures and bank credit for economic austen. » Mr. Aldrich cited the revelation last August. of the thinness of the equity markets as another consing, factor in the present ump.

Bas Ind 36%c: No. 2, 34@ | Bos Fd In

Inst! Securities, - Bk Grp 1.10

“In the United States more per- of

a vital part in Japan’s domestic economy. But an effective. boycott on silk wolld have important repercussions in this country as well as across the sea, figures on the industry indicate. Ninety per cent of the full- » | fashioned hosiery sold to women each year is made of silk, plus about 45 per cent of the women’s seamless stockings. Last year $2,000,000 dozen pairs of silk stockings were made as compared with 17,500,000 dozen pairs of cotton and rayon stockings. Three hundred business firms made these stockings, employing 83,000 workers at their machines.

Students of the industry say that after some delay the machines might be switched to manufacture of rayon stockings, but they report that a sheer rayon has not yet been developed successfully, and that the old-fashioned rayon product would be competing with seamless hose sold for 25 and 35 cents.

Rayon Volume Heavy

Until recently about 20 per cent of the raw-silk imports have been used in the manufacture of dress goods, but rayon has been giving stiff competition here. Last year four yards of rayon fabric’ were used for every yard of silk in dress goods, underwear and linings. Some 658 firms, employing 55,590 workers, have been engaged in the manufacture of the goods from raw silk.

INVESTING CO.8

Ask Bid Ad Pds 2° in Se 12.06| Invest Bank Corps: Aftil Fd ne Bl . 3.37 4.63 Am H Cp 16.62 18.37 3% ix of Am Bus .66 .73|In 9.85 A Gen Eq 3.

Ask

vs 15.91 17. 11{ Well Fd Ltd.:] « “lg

= Grp 118 1.27

DAILY PRICE INDEX

NEW YORK, Jan. 8 (U. P.).—Dun

oH 2] 40 13.48 03

He | & Bradstreet’s daily weighted price

index of 30 basic commodities, com- | piled by the United Press: (1830-32) average 100): : Friday ses0ce00800000000000 00 115.02

Week ago 0000000000 000000000 116.71 Month Ago 000 0000000000000 117.36 Year ago sesarvessrasssesies 14248 1037-38 high, April 5, 1037.. 158.26 1937-38 low, Dec. 30, 1937,. .

SILVER STOCK DROPS LONDON, Jan. 3 (U. P.).—Stock

“18 when the compa, 9.40 | a working agreement for a 35-cents-

. 114.83

Students from 150 universities, attending the third annual Students’ Union convention at Vassar College, Poughkeepsie, N. Y., gathered round a bonfire

anese goods.

Times-Acme. Photo.

of silk stockings and silk neckties, built on the Vase sar campus as part of tke campaign to boycott Jape

ASKS LINDBERGH T0 TELL PLANS

Ludlow Invites Flier Before Group Discussing Ocean Air Mail,

Times Special : WASHINGTON, Jan. 3.-—Rep. Louis Ludlow, Appropriations Subcommittee chairman, today had invited Col. Charles A. Lindbergh to appear before his committee to testify regarding plans: for developing transoceanic air mail. Mr. Ludlow’s committee is preparing a bill making appropriations for the Postoffice and Treasury Dertments His letter to Col. Lindbergh follows: “I note from a newspaper article that you are deeply engrossed in plans to promote the American flag on the ocean airways. “The appropriations subcommittee, of which I am chairman, which has jurisdiction over appropriations for tarnsoceanic air mail, is now giving serious consideration to legislation for the next fiscal year, and it is very much interested, you may be sure, in the same problems that are engaging your attention. “If you find it possible to appear before our subcommittee in Washington and give us the benefit of your views, we shall be very glad to hear from you.”

TAX RETURNS BEGIN IN INDIANA TODAY

Officials Predict 425,000 by Jan. 31.

Hoosier citizens and corporations whose income during 1937 exceeded $1000, today began filing gross income tax returns at more vhan 400 branch offices. Clarence A. Jackson, Gross Income Tax Division director, predict-. ed more than 425,000 returns will have been filed by the Jan. 31 deadline. Thousands will be filed in division headquarters, 141 S. Meridian St., he said. Collections in 1937 were $2,435, 000, a 24 per cent increase over 1936. All persons are required to file a return if their annual income is more that $1000. All income received in 1937 must be reported in

quarterly returns filed, Mr. Jackson said. = Deductions are allowed if quarterly payments ‘already have been made. Part of the revenues will be used to pay the State’s share of more than 20,000 teachers salaries. Under a 1937 law the State is to pay $700 of each teacner’s annual salary. Previously the State paid $500.

PICKETS STOP CAR OF BAG FIRM HEAD

SHELBYVILLE, Jan. 8 (U.P).— Police - today sought to prevent a repetition of minor clashes between police and pickets at the Kennedy

.77 | Carliner and Bag Co. plant result-

ing from a strike of employees of the factory over a wage agreement. Pickets stopped the car of Edward. Kennedy, president of the company, as his chauffeur was driving it to the factory, but the car

‘17 | and driver were rescued by police.

Tacks were Seatisred over some roads to the pl The strike {called Saturday

7 declinieci to sign an-hour minimum wage, a closed

"70 |shop_with the International Pulp "s¢ | and Paper Workers Union, and sen-

lority rights.

3 SUCCESSFUL YEAR

REPORTED BY BANK

‘Shareholders in the Shelby Street Federal Savings & Loan Co. received dividends totaling $23,446.49 in 1937,

today. Mr. Faust said the association had a successful ear, receiving $100,000 from new stockholders Suing the year anc lending $329,200 id first. Birigages Pan that period

DEFICIT REPORTED IN

'POSTOFFICE REVENUE

WASHINGTON, Jan. 3 (U. Py General James A. Far-

| Postiuaster Glensial Juste: A. psd said today Con»

gress, that postal revenues during the fiscal year ending June 30, 1957, ware

the annual return, regardiess of |

William H. Faust, director, reported

‘higher than|

SURGEON GENERAL TO TALK ON SYPHILIS

Dr. Thomas Parran Jr. Surgeon General of the United States Public Health Service, is to address a joint meeting of the Indianapolis Medical Society and. the Indianapolis Council of Social Agencies in the Indian-

mMOrrow. His subject is to be “Syphilis and Its Control.” The meeting is open to the public. Dr. Parran is to address the Indianapolis Council of Women at L. S. Ayres’ at noon tomorrow. He is to speak 01 “Today’s Public Health Problems.”

BEECH GROVE MAN HURT IN PLUNGE

William Skiff, 35, of 117 S. Third Ave., Beech Grove, who fell more than 75 fest down an elevator shaft yesterday, was reported improving at Methodist Hospital today. Mr. Skiff was working with Donald Overholser, 18, of New Augusta, in an elevator penthouse at the Midwest Elevator Co., 1151 W. 23d St., when the hand operated elevator jammed. Mr. Skiff said he threw his weight on a locked cable to release it and as it snapped he was plunged down the shaft. He was able to break his fall to some extent by clutching the cable, he said. Hospital attaches said he had fractures of both heels and a spinal

injury.

200 QUAKES SHAKE MEXICO IN 10 DAYS

MEXICO CITY, Jan. 3 (U. P.) — Mexico has: suffered more than 200 earth tremors in 10 days, including one yesterday more severe than that at San Francisco in 1906, Dr. Francisco Patino Ordaz, director of the National Seismological Service, said today. The earth shocks started Dec. 23 and were brought above the 200 total with nine earthquake shocks yesterday. Yesterday’s first shock found movies crowded. Lights went out at most theaters and people ran into the streets. At the bull ring 24,000 persons, including Americans of the Midwest-

watched Matador Liborio Ruiz de Veiga go on with his bull fight while the earth shook.

FCC TO HEAR CURTIS. RADIO PLEA FEB. 3

WASHINGTON, Jan. 3.—Oral argument on the petition of Curtis Radiocasting Corp., for permission Mo construct a new radio station at Indianapolis has been set by the Federal Communications Commission for Feb. 3. The permit sought, is for broadcasting at specified hours with 100 or 250 watts of power on the 1500 kilocycle wave band. Request for modification of the license of WEKBYV, Knox Radio Corp: station at Richmond, Ind, will be argued on the same date. It seeks unlimited time to broadcast with its present 100 watt power at 1500 kilocycles.

ALABAMA TO ELECT -BLACK’S SUCCESSOR

BIRMINGHAM, Ala, Jan. 3 (U.P.)—Alabama voters elect one of three men tomorrow fo the unexpired Senate term of U. S. Supreme Court Justice Hugo L. Black. ‘Principal candidates are Rep. Lister Hill, an ardent New Dealer, and former Senator J. Thomas Heflin, who annonuced that he would . support; President Roosevelt “when I believe he is right.” Although the victor must seek reelection in the regular May pri-| maries inasmuch as Mr. Justice Black’s term expires in Janus, 1939, tomorrow’s primary was regarded with great interest throughout the state.

INTERNAL REVENUE INCREASE REPORTED

An increase of $36,497,424.35 reported today in collections of the Internal Revenue Office for the 1p Indiana district for the period from July through December, 1937, over the same period last year, Will H. Smith, U. 8. Internal Revenue Col-

Total collections were $73,172, 129.34 as compared to $37,602,704.99.

TWO RAIL MEN RETIRE tired from service today.

“Engineer Ben H. Schuck, 1902 Woodlawn Ave. made his last run

apolis Athletic Club at 6:30 p. m. to-1

‘face with h

ern: Hotel Greeters’ Association,

Two railrondmen had been re- |,

BURGLAR FLEE AFTER BATTLE

Watchman Hits Intruder; Two Typewriters Are Found. -

Two burglars who were surprised by a watchman on the seventh floor of the Test Building on the Circle last night were being sought by police today. : Edward Hall, 2168 Pierson St., the watchman, told police he discovered

the .men as he was making his rounds and seized one man while the other fled. He said his captive drew a ree volver and ran. The watchman told police he had struck one 2 the burglars in the is nasHlghi before he escaped.

Police found two typewriters taken from one of the offices near a wirdow. t Albert Young, 14, of 1028 N. Kealing Ave. a delivery boy, was slugged and robbed by two men last night, he told ce. The youth said he had been sent to a house in the 1000 block of N, Kealing Ave. to make a delivery, When he reached the house two men knocked him down and robbed him of $10, he said. Club Is Robbed Burglars broke into a club at 947 Massachusetts Ave., last night and stole $250 worth of liquor. A mer=chant policeman who discovered the theft said the thieves had cntered through a rear window. An armed robber held up a drug store at 1041. Fletcher Ave. Saturday night and escaped with $125, Several persons who were in the store at the time of the holdup toid police the robber escaped in a car. Burglars entered a drug store at 1402 E. Washington St. early today and carried off $25 in cash, between $18 and $20 of it in pennies, Joseph Frey, 4502 Washington Blvd., owner, told police. He said they also took some cartons of cigarets. Tivo bandits armed with a pistol and shotgun held up a tavern at 1442 N. Senate Ave. Saturday night, lined up the customers and robbed the cash register of $200. While the man carrying the loot | mace his getaway, the other held the customers and the tavern proprie tor, Frank Von Off, 40, of 1223 N. Mount St., at bay with a shote gun. :

SEARCH FOR ‘OWNER’ OF PHILADELPHIA ENDS

V’ASHINGTON, Jan. 3 (U. P.) ~~ The: Postoffice Department ended a 35-;7ear search for “Jacob Baker” today but didn’t find him. And it’s just ‘as well, Postmaster General Farley said in his annual report to Congress. “Jacob Baker” is a fellow who was surposed to have owned Philadelphia about 100 years ago—at least a large portion of Philadelphia. But the P. O. D. didn’t believe it. Since the turn of the century nunerous persons have been cone vincing numerous other persons of the validity of - that Philadelphia claim and have duped Mr. and Mrs. American Public out of about $1,500,000 on: the pretense of ree ga‘ning title to the land.

RIPORT ARREST NEAR IN $27,000 GEM LOSS

‘MIAMI, Fla. Jar. 3 (U. P= - Pclice announced today that they expect an arrest raomentarily in their search for the man who picked up a purse containing $27.00) in jewels when Mrs. Clara Ause tin, Greenwich, Coan., was killed in an auto-train accident here.

ard daughter of Mrs, Austin, said the gems inciuded two diamond and sapphire bracelets, a diamond and sapphire ring and a diamond brooch.

was| WHITE SLAVERY ON

GAIN, REPORT SHOWS WASHINGTON, : Jan. 3 (U. Bh Talo Ack/ Increased more than.

per cent during tae year June 30, At