Indianapolis Times, Indianapolis, Marion County, 11 January 1938 — Page 14

PAGE 14

STOCKS IRREGULAR IN SLOW VOLUME ON NEW YORK MART

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From Fraction to One Point.

NEW YORK, Jan. 11 (U. P.).—Trading slowed down on ‘the stock exchange today and prices turned irregular on © profit-taking. Around noon, U. S. Steel was at 5915 off 12; Bethlehem Steel 647s off 7%: Chrysler 58 off 1; General Motors 36% o

off s. National Bond & Investment preferred sol dtoday for the first _ time in several months at a new low for more than a year, 74 off 14% points. Republican Steel preferred issues were strong, the convertible at 712 up 4'2 and the convertible A at 69: up 9%: points. Gains were noted in American Sugar du Pont, Pittsburgh Steel, Timken Roller Bearing, and Yellow

Truck.

“Today's Business At a Glance

CORPORATION NEWS

De Havilland Aircraft of Canada, Ltd. year ended Sept. 30 net income $3338 vs. net profit in previous year of $1650. Dominion Bridge Co., Ltd, year ended Oct. 31 net income $560,661, equal to $1.29 a capital share, vs. net profit of $91,612 or 18 cents a share | previous year. Endicott Johnson Corp. fiscal year ended Nov. 30 consolidated net profit $1,520,716, equal to $2.65 a common share, vs. $1.974,83¢ or $3.91 previous fiscal year; sales for year Nore highest since 1929 at $67,134,952,

5;; New York Central] 187: off 1, and Southern Pacific 211 |

a gain of 9 per cent over previous |

year.

General Electric Co, - quarter orders received $73,997,063, low since first quarter 1936, vs. $84,857,181 year ago, off 12.8 per cent; total orders for full 1937 year $379,273,619 vs. $296,748,219 year ago, up 27.8 per cent. Northern States Power Co., week ended Jan. 8 electric output totaled "25,294,118 kwh, off '1 per cent from year ago. Spencer Shoe Corp. and subsidlaries fiscal year ended Nov. 27 net income $232,931 vs. $310,287 previous year.

United Air Lines in 1937 had total revenue plane miles flown of 16,260,000 vs. 16,616,206 miles in 1936 and 14,855,108 in 1935; 200,000 revenue passengers were carried in 1937 vs. 221,072 in 1936 and 177,457 in 19835. DIVIDENDS

Associated Dry Goods Corp. $1.75 on second preferred arrears payable March 1 record Feb. 11 vs. like payment Dec. 1 and regular quarterly $1.50 on first preferred payable March 1 record Feb. 11. (Copyright, 1938, by United Press)

N. Y. Bonds

By United Press BOND PRICE INDEXES 20 20 20 Inds. Rails Utils. 82.8 0.0 94.5 81.1 69.4 943 91.6 93.7 101.2 100.9 105.7 81.6 1042 101.2 106.0 69.3 92.3 100.4 106.2 84.7 103.5 86.4 103.6 93.1 71.0 89.3 83.0 1938, Standard Statistics Co.)

NEW YORK, Jan. 11 (U. P.).—Bonds opened irregular. Ne t

60 Bonds 82.4 81.6 95.5 100.5 94.8 100.7 81.1 100.2 93.3

Yesterday Week ago ..... Month ago .... Year ago Two years ago 92 1937 high 1937 low vuuven 1936 high ..... 9.8 1936 low ....... 90.0 1935 high ..... 91.4 1935 low (Copyright,

B&O 5 bid ‘een Canada

CHICAGO PRODUCE

Eggs—Market, steady: receipts, 76873 cases; fresh graded firsts, cars, 223c; storage checks, 18'2¢; fresh checks, storage dirties, 18'c; fresh dirties, cirrent receipts, 21%z¢; refrigerator ards, 19'2¢: refrigerator firsts, 19c. Butter—Ma#:éet, easy: receipts, 706,249 ross 1bs.; extra firsts (90-9113 score), 14 @313:¢; extras (92 score), ade; firsts, 2812@30'zc¢; 27@28¢; specials, 3212 @33c; standards, 31e¢ Poultry—Market, easy: receipts, 32 trucks; ducks, 18@24c; geese, 18'2¢; spring chickens, 22@25¢; hens, 21@22c; broilers, 22¢: turkeys. 18@24c; Le horn hens, 16¢ rhe ese—Twins, 163448 153 ic; Daisies, 17@

MC. moderate; demand, Idaho Russet Burfens, [email protected]; Colorado Red McClures, [email protected]: North Dakota Bliss Triumphs, $1.12'[email protected]; North Dakota Early Dhios, $1.15; North Dakota Cobblers. $1.12! Wisconsin Sound Whites. $1.05: U. S. Commercials, 95¢; new stock—Florida bushel grate Bliss Triumphs, $185; U. 8S. No. 2,

Arrivals, : 76; 738.

stand-

seconds,

on track. 214; shipments,

FOREIGN EXCHANGE

NEW YORK. Jan, 11 (U. P.).—Noon foreign exchange easy, Net Change —.001%

able Rates England (pound) CER on Eng. 160-d hb. rate) 4998 —.00% Canada dollar) “ee 100 ut Sith a0n France (franc) -—.00003% Italy (lire) STi Belgium Germany Germanv (.r. Switzerland Holland (guilder) Sweden (krona) . Norway (krone) .. Denmark Austria (p Austria (shilling) 5 Czechoslovakia (kr) Finland (markka) Greece (drachma) . Jugoslavia (dinar). New Zealand (Ib.). Poland (zloty) .... Portugal (escudo) . Rumania (Jeu) ,... Argentina (of peso) Argnta (unof peso) Brazil (milreis) -... Chile (peso) Peru

Leesan

Japan (yen)

FOOD PRICES

AGO, Jan. 11 joes McIntosh, tatoes Jennes see, ots—Illinols, Bi Heras, hus an lugs, $1.25

| 1937 final | .¢ $4 down.

Drop |

Porker Prices Retain Level Of $9.10 Top

The early hog trade held Monday's top-heavy levels throughout the various weight groups, according to the Bureau of Agricultural Economics. Established on a steady basis for all weights of barrows and gilts, top remained at $9.10 for best

150 to 170-1b. averages, but mid-ses-sion saw weights over 250 lbs. yield 10 to 15¢c. Top was $9.10 for best 150 to 170-1b. butchers. Packing sows lost 10 to 15¢ to bulk from $6.25 to $7.00, with a very few good lightweights reaching $7.25. Despite the fact slaughter steers and heifers formed the major end of today's cattle run, all interests competed in a fairly active trade, with steer and heifer prices generally strong to 25¢ higher. The action is still best on low costing steers and heifers as the demand in dressed circles is broadest for the cheaper priced Kinds. Heifers with weight lagged slightly but also showed improvement, while cows and bulls in limited numbers cleared at steady to strong figures. Two loads of good 1119-lb. steers realized $9, several loads of good 1000 to 1100-lb. weights, $8.25 to $8.50, others largely $7.10 to $7.85, with the practical bottom $6.50. Best heifers scored $8.00, with the bulk $6.75 to $7.50. Good cows reached $6.00, cutter grades $4.00 to $5.00. The practical bull top rested at $6.50, with specialty heavies oc- | casionally $6.75. Replacement buy-

| ers took 950-1b. steers in two-way

| flesh around $7.00 to $7.10. Veaiers held steady, good to choice going from $11.50 to $12.00. Lamb trading ruled steady to strong, with the top of $8.75 going to three loads of finished western lambs and choice handyweight natives, most of the latter $8.50 down. Slaughter ewes showed no change

Top Receipts

332333

9.10 Barrows and Gllts— (140-160) Good and (160-180) Good (180-200) Good (200-220) Good (220-250) Good 1250-290) Good (290-350) Good Packing Sows— 75-350) Good

8 8 8 8 8. 9. KB 7 6. 6. 6. 8. 7

and and and

B23 2533 £23323 OO 0000 PRED

—Receipts, 1900—

Choice Choice (1100-1300) Choice (1300-1500) C (750-900) (900-1100) (1100-1300) (1300-1500) (750-1100) (1100- He { 750- 1100 Steers ool (550-750) (550-750)

tpt PI-100-T955 0m

ao “1 hI g3a3ang3

53380580033

nS OS oon

Heifers— Choice

(750-800)

(550-900) Common

All Weights— Choice ...

Low Toutes and cutter .... Bulls Yearlings excluded (all weights) — d (beef)

Goo (All w eights) Medium

Cutter and common .... Vealers —Receipts, 500—

(All weights) Choice {All weights) Good (All weights) Medium Cull and common

Pee oanS ©o-i

(250-40

IRIAGIOD SAD Sums S005

) Medium . (250-400) Common

Feeder and Stocker Catt

0-800) Choice -1050) Uv LU} -1050) (500-1050 (500-1050 Heifers— (500-750) Common

0D DED

—

e Stee

(5 (80 ( (800

[Se

Common Good ape sxe. and me SHEEP — LAMBS —Receipts, 1200—

SHOr. AY aIAIada) oN oooD-1w oo OCoOoWD % DE 90 290209 Ox 0:1.3:10000 Ny DNOOIND U0 Ovo uno

pow =i

WeS-— Good and choice .......q. 00 Common and medium

CHICAGO, Jan. 11 (U. P.).—Hogs—Receipts, 30,000, including 5000 directs; market fairly active on weights 220-1bs. cown, steady to strong; , 5 cents and more y/ butchers, u ; ower; good to choice 150 to 220 Ibs., $8.40 8.65; top, $8.70; 230 to 250 lbs., [email protected]; few good packing sows about steady at [email protected] Cattle—Receipts, 8000; calves, 1500; fed steers and yearlings, steady; good to choice offerings slow. common and medium grades, active; largely steer run; $11.25 early top on weighty steers; $8. [email protected] for most of su Uppy that sold; heifers, steady to weak: light kinds holding Steady: best early, $8; numerous loads, $Ta@7 fat cows, slow; cutters, active, steady: bulls, steady at’ $6.75; vealers, Sheep Receipts, 9000, including no irects: fat lambs opening in fairly Proad demand; early bids and sales fully steady to stronger at upward to [email protected]; £8. asked for top lambs; 134-1b. Western 3B

CINCINNATI, Jan. 11 (U. P. Receipts, 3000; none irgey 200-225

fairly active, $9, $8.75: 1 Ra. 1903 75; most

S., good packing sows, $6 35 250; fairly steers, $8: bulk plain

acre de. Receipts ob. 00; A part load heavy

$6.25%4 1. 25: . heifers, $7.85; good beef cows, $6 practical top bulls. $7; vealers, firm, Psu top, $1 575, including 270 di-

Rod ewe and wether na. 50: common to medium 8 [email protected]; heavy lambs subject to $1 discoun slaughter pwes Jpainly Sas, 1 \. —Ho, Market, 15-25 cents y her; 140-160 lbs. 8: 1 bs., $8.85: 180-200 lbs., $8.75; 200- - 60: 225-250 lbs, $8.35; 2 $8.10; 275-300 lbs., $7.85: 87 60: 120-140 Ibs., roughs, $6.50; Lam $8.

ETTE,

).—Hogs— 2s holdover:

bs., $8. 50Bn Jeo 90; hao 289 1bs., ig oo igs. 00 lbs. , down: ," own; £6. on down; ca oe $808 2 es. oI

See Final Edition of the Times for

a= Stock Quotations

Je Over her Late New

Duns S005

THE INDIANAPOLIS TIMES

NEW YORK STOCKS

By United Press,

—r

High 10% 2

Adams Exp .... Addressograph

Gds .

Atl G&W I of. Atl Refining ... - 2 Atlas Corp 5 Atlas Corp pf . 43 Auburn Auto .. 6% Aviation Corp .

Bald Loco ct wi 21

& -

Beth Steel 5 of Blaw-Knox ...

El Dede”: Lede 2 Land ote > 0 —

Bucy rus. Erie Budd Mfg van Budd Wheel “ee Bullard ....... Burlington M . Buroughs Bush Term ... Patte Cop .....

Cal Packing ... 24 Callahan Zinc . Calumet & H . Canada Dry ... Qarriery & Gen Case, J. I. Caterpillar 7 .. 3312 Celanese 17 Cerro de Pasco. 46 Certain-teed .. 8% Ches & Ohio .. 38a

r Climax Moly Co 39% Cluett Peab .. Colgate-P-P .. HH Colum Gas .... 87% Col Cambon .. 76 Com Solvents .. 87% Cons Edison ... 24!% Cons Aircraft . 183% Cons Edison pf. 95% Cons Laundries 51a cons 1

Crucible St ... Cub-Am Sue .e Curtis Pub Curtis-Wr .. Curtiss-Wr A. Del & Hud .... Dist Seag Dist Seag Doehler Dome Mines ... Douglas Air ... Dresser B Du Pont

171% 157% pf ww 68% Cast. 22i2 545s 433s 8

El Pw & Leipt Ens Pub 8S ..

Erie RE A Exchange Buf . Firestone 22 Flintkote Follansbee ..

El PW & 538 pf Bi

8% 45 13

Fajardo Su

Gabriel A ..... Ga Keo d Ind. Tr ... LY es Rlecaric

Thtre Eq «14 R RB

& x J Siiette SR ..; Gillette S Gimbel Bros Glidden Glidden “evs Gobel, Adolf ... Goebel Brew

Gotham Hos

ee De 8 or ; eo A

bp Or pn YB ORI DHE +

» RENEE LE FES

-- eT e

++ ++:

HOS LG IER

HHH

. .

[+++

INVESTING

Bl Adm Fd 2 12 Affl Fd 3: Am Hd Cp 13,

4.73 2 21.47 1st

mE Ae

Divrsid Divd Shrs

= DEIBIT Dn rt ILI DIDI 4 BIBI BINS BI 00 8 ms 0 i $0 0 C0

Dt AID DP NID DD tt DI DU

Fiscal Fun Bk Stk

BIE, 0 UID BI00 I PID m1 it DI 00 it 58 ND IID D0 I

dd pi Op ODT

» CLE

.90 3

1.35 B Ins Grp 1.35

The followin sent actual bi indicate the ADDTONIMAtE

recent transactions.

BONDS Citz hd Tel (TH) H Tel & Tel F

s 67.. Interstate Tel & Tel 514s 53.. Indpls Water Co 3'2s 66 Kokomo, Water Works 5s 38.. Morris 5 & 10c_Stores 5s 29. . Muncie Water Works 5s 65.. Noblesville HI&P Ohio Tel Serv 6s 47 Pub Tel 4!25 55 _.. Richmond W W 5s 57 Seymour Water Co 5s 49. TH Trac &.L. 55 44 .....

T H Water Works 6s 49.. Trac Term Co 5s 57

&v pid Do

id 57 13 Invst Bank Sf Banc

QrIne new 1

ITrstStInve 1 A B S8iTrst Am Bk . Sus Elec L &

welt Fd

LOCAL ISSUES

(By Indianapolis Bond & Share Corp.)

; Sdotations do not repreor offerings,

Blas 47...

CoS

Ask

Bl or 5.47

4.75 16.25

Bstn 81 Schenk. pf Hi 2.12 FY 10.

27 10.90 # 23 24.35

BIBI Ne,

13.25 13.47 1.87 2.07

89 97 13.07 14.40

but merely

market level

based on buying and selling inquiries or

Bid Asked 1 104 312 412 41

105 106! 10612

Bk fh fh fk fk fh fk hh fh fh

t RR St Yds com......... 50%

Tas» naka thee @ ry Co com....

cea

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS rsssuarssssaseess 133.58 42.41 ee: 124,61=4-4.04 Month ag0 .ecveesvcnce 40.67 Year ago ... .183.30==+-0.04 High, 1037-8, 194.40; low, 113.64. High, 1936, 184.90: Jow, 143.11. 20 RAILROADS Yesterday ....ooeevsescecsses 32.338 Week 280 ...ovssscsssssanses 29.80 Month 280 ....eeesscsseeses. 31.30 Year ag0 .....c.sesssessansss 55.37 High, 1937-8, 64. 46; low, 28.91. High, 1936, 59.89; low, 40.66. 20 UTILITIES

Yesterday

Cesssssasreanne

Yesterday .... 21.64 Week 280 «e.cossesssesssases 2091 Month 2E0 «ceeecccssssearsss 20.35 Year ago ....c.e.. 37.14 High, 1937-8, 37.54; low, 19.65. High, 1936, 36.08; low, 28.63. 70 STOCKS wees 44.28

“escent taet

Sesssasstaaree.

Yesterday

Year ago . High, 1937-8, 69.67; High, 1936, 66.38; low,

low, 38.87. 51.20.

Net High Last Change

1% 6

—- - ®

Graham-Paige . Granby . Granite C ‘Stl .

Grevhound Cp. Guant Sug ....

bt COs BIBI st QA JOD - ow

oo >

Ham Watch ... Harb-Walk 24

Hudson Motor. . Hupp Motor ...

id rd

Ill Central .... Inspiratn Cop . 3 Inter I 1

ror

>» TEN Tee

wT 300 © iin «100 LI DI UT

ON re

In a Int T & T For.

Johns-Man

Kan C Sou .... Kelsey-Hayes A Kennecott

seven

Leh V Coal ... Life Savers «..

t St Ry pr pf Masen all Fid Martin Parry .. Masonite Corp.. Mathieson pf .. Maytag of WW.. McGraw H .... cIntyre Pore. . fcKeesport .. eS n& B pt

nge “ee Midland Sty... Midland Stl pf Minn Hny B pf 0- x pf.. Monsanto pf .. Mont Ward .... Mother Lode . Motor Whi .... Munsingwr «...

Bis d

FERED DE Td TO : ,

No Pacific

Ohin Oil Otis Elev ..... Otis Steel «veee.

Packard ......e Paramt Pict ... Park Utah .... Patino Mines “

h Phillips Pet Pitts Sc & B Pitts United Press Stl Car .. Proctor &

Pure Oil

Rest Silk Rem Rand eo Mot ...... Republic Stl ... Revere oe Seah Reyn Spring .. Richfield Oil .. Ruberoid

St Jos Lead ... Schenley Dist . Schulte R ....

: 1s South Ry pf .. 20h

Sparks With 32 32

Curb Stocks

By United Press

NEW YORK, Jan. 11 (U. P.).—Curb stocks opened irregular.

Am Cyan B .evsee.. Carrier Cp .. Cities Serv .... Cons Cop Mins .. FL BES. .......«o

Nia.

U. S. STATEMENT

WASHINGTON, Jan. 11 (U. P.).—Government expenses and receipts for the current fiscal year through Jan. 8, compared with a year 220:

This Yea t Yea Expenses ..$4,031, ST 230. 38 $3 710. for 636. 4 Receipts... 3,291.3 ,594,500.73 wes ou 140, 248 3 8 or 1 449.807127.01 . 3 363 217.480,25 1,922,195,173.27 5,734,426.71 5,689,653.27 .12,755,183,074.42 220.581,942.39

Today's Purc. Total Pure. Inactive cold SI FRE $1,222 885,139.07 INDIANAPOLIS CLEARING HOUSE

Clearings ... 966,000 Debits 5% 359,000

LOCAL PRODUCE

Heavy breed hens, 4'2 lbs. and up, 18c: under 4!2 Ibs. heavy sprin ers, Leghorn Sprig ers ok = ‘ yer. eavy stags, eghorn s ags, a c; bareback brojlers, 15; Sid Toosters ggs—No. 1, strictly fres couniry e 19c. (Each full case must weigh 5 os. gross. A net deduction of 15¢ Fd LS full case under 55 Ibs. will be m Butter—No. 1, 36@36l5c: M@ 34lzc. Butterfat—No. 1, 3%; No. 2, 300 Prices quoted by the Wadley Co.

REPORT DECREASE IN STATE COAL OUTPUT

By United Press

Total production of coal in Indiana during the week ended Dec. 25 aggregated 316,000 tons, a decrease of 140,000 tons from the preceding week's output, the United States Bureau of Mines, reported today. The state production for the week ended Dec. 18 was 458,000 tons. Total production for the week ended Dec. 26, 1936, was 404,000 tons, the report showed. National bituminous output for the recent week was 6,150,000 tons, with 8

Gold Res..

3 45 Customs. . "228.277

Net Last Change 19% 14% 11% 8% 3%

Sperry-Corp Spicer Mfg .

a oa

td Su Ind td Oil NJ .. terl Prod .. tew-War .... Stokely Br ... tone & Web . I Studebaker ... Ta Sueprior Oil ... n Syming-Gould . 10 Sying-Gould xw 8%

Jelautogrbh Tenn Corp .... Texas Corp 44% Texas Gif Prd 4% Tex G Sul .... 31% Tex 22 L ™ Eo

oid 43 Tide W A Oil. 18% Timk-D Ax ... Transamerica 12 Trans & WtAir 67 Trans & wv . 9% Tri-Cont vor 418 Truscon Stl .. 10% 20th Cent-Fox. 23% Twin Coach .. 97%

OV OVE CIBI BI ES

CHEE NT ’ F- ~

HHH 5

en & CO +..o Trans & P. Union Carb ... Un Oil Cal “hue Un Pac . Un han Cp .

Vanadium Va-Caro Ch ... Va-Car 6 pf ...

Warner Bros Warren Br .... Wayne Pump

Willys Overland Willys Overld pt 6% Wilson & Co 5% Woolworth .... 40 Worthington Worthing cv pf.

123% 18%

43 22%

Yellow Tr Young S&W . Young eet Young Stl .

13 . 18% .. 43% . 22% a . 18% 16% “3% 3%

EASY TONE IN WHEAT ON CHICAGO MART

Easiness Checks Rallies in Corn.

Zenith Rad Zon

CHICAGO, Jan. 11 (U. P).— Wheat prices maintained their easy tone today on the Chicago Board of Trade and under long liquidation early losses were extended. At the start wheat was 3% cent lower, corn was 1% to 3% lower, and oats were 1% to lower. Scattered commission houses and local traders were principal sellers in today’s bear market which resulted from disappointing cables. Liverpool was lower and only an extremely light demand for U. S. wheat was reported from the United Kingdom. Wheat receipts were 13 cars. Corn was lower on light interest and although selling was not important the easiness has tended to check rallies. Corn receipts were 85 cars.

to 1 cent

12 cent

ARGENTINE GRAIN

BUENOS AIRES, Jan, 11 (U., P.).—Grain futures opened steady. Wheat—February, $1.133, off 3c; March, $1.137, off Yac. Corn—January, 89lac, unchanged; February, unquoted; May, 66'ac, up isc, Oats—, Spot, 3le, unchanged. Flax — February, $1.40%c, unchange March, $1.40%, unchanged.

WAGON WHEAT City grain elevators are paying for No. 2 red, 9lc: other grades on their merits. Gach corn, new No. 2 yellow, 48c. Oats,

FLETCHER TRUST CO. RE-ELECTS DIRECTORS

Directors of the Fletcher Trust Co. and Fletcher Joint Stock Land Bank, a subsidiary, today had been reelected by stockholders. Reports of the 1937 business of both companies were read at a meeting held in the Fletcher Trust Co. office yesterday. Evans Woollen Jr. is Fletcher Trust Co. president and William B. Schiltges is Fletcher Joint Stock Land Bank president. Directors re-elected were Henry C. Atkins, Austin Vv. Clifford, Joseph J. Daniels, William A. Durkin, Carl F. Eveleigh, Frank E. Gates, Hugh McK. Landon, Norman Metzger, Samuel D. Miller, Howard S. Morse, Almus G. Ruddell, Robert F. Scott Jr., Stowell C. Wasson, Evans Woollen and Evans Woollen Jr. The regular January meeting of directors preceded the stockholders’ meeting.

CARBIDE OFFICIAL TO TALK ON ALLOY

Dr. A. B. Kinzel, chief metallurgist of the Union Carbide and Research Laboratories, New York, is to address the Indianapolis Chapter of the American Society for Metals at the Hoosier Athletic Club at 8 p. m. Monday. A dinner is to precede the talk. Dr. Kinzel's subject is to be “Effect of Alloy Additions to Steel.”

New Business Books Available at Library

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

THE DAILY NEWSPAPER AMERICA, by Alired McClung Lee, An excellent historical and factual survey and an attempt to appraise We ds contribution the press has rendered to the progress of democratic institutions and social welfare.

THE FSYCHOLOGY OF SELECTMPLOYEES, Donald A, Laird. A rewriting " e5pa ansion of the author's earlier text, “Psychology in Selecting Men WHOLESALING: PRINCIPLES AND PRACTICE, by T. . Beekman. Wholesaling provides employment to more than a million an people and reports an annua ness in excess of forty-two billion. SALESMANSHIP APPLIED, Be Paul W. Ivey. The material embo this book constitutes a course in salesmanship for salesmen and sales executives.

LOCAL REALTOR DEAD AT HOME: RITES ARRANGED

James Oscar Richardson Was Partner in Firm Here; Wife Only Survivor.

James Oscar Richardson, partner in the Richardson & Krause real estate firm, died yesterday at his home, 5345 E. Washington St. He was 62, Mr. Richardson, who had been a realtor here for more than 30 years, was a member of the Indianapolis Real Estate Board and a former vice president of the Irvington Republican Club. He was born in Morgan County, and was a member of the Downey Avenue Christian Church. The only survivor is his wife, Mrs. Alpha Templeton Richardson. Funeral services are to be held at 1:30 p. m. tomorrow at the Moore & Kirk Irvington Mortuary. Those who are to officiate include the Rev. M. M. Yocum, pastor of the Normal City Christian Church, Muncie; Dr. Stephen J. Corey, president of the United Christian Missionary Society, and the Rev. E. 8. Conner, retired Disciples of Christ pastor. Cremation is to follow.

MRS. METTA HILL BENNETT, widow of C. A. Bennett, former salesman for the Indianapolis Belting & Supply Co., is to be buried in Crown Hill following funeral services at the home at 2 p. m. tomorrow. She was 72 and died yesterday at her home, 2235 N. Pennsylvania St. Mrs. Bennett was born in Anderson, but had lived here since 1909. She is survived by a son, Lawrence, St. Paul, Minn.; three daughters, Beatrice, Vivian and Rebecca, all of Indianapolis; two brothers, Hugh and Ernest, both of Anderson and three grandchildren.

MRS. FRANCES E. BYRN, lifelong Indianapolis resident, is to be buried in Crown Hill following fu-

neral services at 10:30 a. m. tomorrow at the Flanner & Buchanan Funeral Home. She was 93 and died yesterday at her home, 224 W. 29th St

Mrs. Byrn was the daughter of Mr. and Mrs. John Montieth. She was married to William Byrn on Sept. 5, 1876. He died in 1923. She was a member of St. Paul's Episcopal Church. She is survived by a son, John Loucks, and a grandaughter, Miss Gladys Loucks, both of Indianapolis.

MRS. ALICE M. HOYT, who died yesterday at the Woodruff Place Nursing Home, is to be buried in Crown Hill following services at 1 p. m. Thursday at the Harry W. Moore Funeral Home. She was 73. She was born in Chicago and had lived at 416 N. Oakland Ave. She was a member of the Hillside Christian Church and the War Mothers. She is survived by a daughter, Mrs. Abbie Goodyear, Indianapolis; five sons, George, Syracuse, N. Y.; Charles D., South Bend; Carl, Lombard, Ill.; Albert K. and Wilson K., both of Indianapolis.

WILLIAM H. EVANS, Indianapolis News mechanical department employee, is to buried following services at 2 p. m. tomorrow at the

Coltrin & Lapp Funeral Home at Noblesville. He died at his home near Noblesville Sunday. He was a member of the Noblesville American Legion Post and the International Typographical Union.

JAMES BUTLER EVANS, who died yesterday at his home, 1823 Ruckle St., is to be buried in Washington Park following funeral services at 3 p. m. tomorrow at the

Moore & Kirk Irvington Mortuary. He was 76. Mr. Evans, a native of Hamilton County, was an Indianapolis resident for 25 years. He is survived by a son, Richard, of Indianapolis; a daughter, Mrs, Cecil Summers of Chicago, two grandchildren and one great grandchild.

EDWIN L. MARION, who died yesterday at his home, 323 Ridgeview Drive, is to be buried at Great Meadows, N. J., following funeral services at the Moore Funeral Home at 8 p. m. tomorrow. Mr. Marion was a salesman for Bauer & Black Co. Chicago. He was born in New Jersey, but had lived in Indianapolis for the last 11 vears. He was a member of the Irvington Methodist Episcopal Church, the Elks and the Junior Order of American Mechanics. He is survived by his wife, Mrs. Eva M. Figler Marion; two sons, Cecil of Indianapolis, and Edwin L. Jr. of Little Falls, N. Y.; a brother, Joseph W., Newark, N. J, and a sister, Mrs. Caroline Graham, Brooklyn.

HUGH W. BONIFIELD, former Indianapolis resident, died yesterday at his home in Chicago. He was 53. Funeral arrangements are incomplete. He was employed by the Waverly Co. here before going to Chicago 22 years ago to work in the street lighting department. He was a member of the First Baptist Church here and the Masonic Lodge. Mr. Bonifield is survived by his wife; a brother, Frederick R., Indianapolis; two sisters, Mrs. J. J. Voelcker and Mrs. Harry Crook, both of Indianapolis.

MRS. LENA J. HOLMES is to be buried in Crown Hill following funeral srevices at 2 p. m. tomorrow at the J. C. Wilson Funeral Home. She was 71. An Indianapolis resident for 38 years, she died Sunday at her home, 1120 Shelby St. Mrs. Holmes was born in Wittenberg, Germany. She came to this country when 15. She operated a flower shop in Fountain Square for many years. She was a member of the Druids, Herman Sisters, Women’s Florist Association and the Allied Florists Association. Mrs. Holmes is survived by two daughters, Mrs. Elsie Grove, Greencastle, and Mrs. Clara Wonders,

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State Deaths

ARLINGTON—Edward Lee, 68. Survivors: Sisters, Mrs. Lillie Peckner. Mrs. Grace Ray and Mrs. Ruby Ridou DELPHI-—Mrs. Maud Lv Pearson, 46. Survivors: Husband, John; dau ughters, Mrs. s and the Misse etty, Mary Wilms Pearson; sons, rs Ralph Pi : sisters, Mrs. Is Mrs.

ardy, . Pearl West an Hattie Nethercutt: brother, Fred Temple.

ELKHART-—-Adda Hall, 76. 8urvivors: Husband, William; dau fhters Mrs. Eva Sawyer, Mrs. Vesta Kin Mrs. na Ernsberger; son, Harry; brothers, Bert #nd Zen sol, Sls 3 Vy. Oliver: sister, Mrs. O. ley. mos Bechtel, 64. Sur Ho Wife, Anna; daughters, Mrs. Dorothy Hartman, Mrs. Amanda Weaver and Mrs. Edith Leh man; son, : Js Loy ina n

Kehr, Mrs. Mrs. Dora Stansbury; iiother, Al GING—Willet

Daughter, Clement; and Lucia; brothers, James and Clarence. GOSHEN—Andrew Miller, 75. Survivors: Daughter, Gladys: brother, William: sisters, Mrs. F. Parks and Mrs. Lydia Hoffman. 66. th

tz, 78. Survivors:

Survivors: ; son,

KENDALLVILLE — Henry Johnson, Survivors: Wife, Ida; daughter, Mrs. Ru Friend, son, Warren. LAGRANGE—Mrs. Frances Bush, 85. Survivor: Stepson, Delos Bush. LEBANON—James Smith, 78. Survivors: Daughter, Mrs. Pearl Padgett; sons, Roy, Modest and Forrest: brother, nford. LOGANSPORT—Mrs., Jessie May Webster, 20. Survivors: Husband, James Webster; daughter, Shirley May; parents, Mr. Rnd. Mrs SGeoll Adair sister, Betty: three brothers, Cecil Jr., Lester and William Adair, MIDDLETOWN—Alva McCreary, 63. Survivors: Wife, Letta; daughters, Mrs. Gladys Shackle, Mrs. Iona DeBaun and Mrs. Ethel Case; son, Eugene; sisters, Mrs. Blanche Murray and Mrs. Lucy Bales. MILROY—Mrs. Emma Lawson, 81. Su vivors: Sons, Thomas and Ralph; sisters, Mrs. Laura Stevens, Mrs, Jane Plummer and Mrs. Clara Wine. MISHAWAKA—Elizabeth Hillier, 10, Survivors: Parents, Mr, and Mrs, Samuel Hillier; sister, Ann, MONTICELLO—Mrs. Willlam M. Fisher, 54. Survivors: Husband; daughter, Gertrude Chapin; sons, David and Fisher; three sisters, Mrs. Mrs, James Small and Mrs. drick; brother, A. G. Antrim NAPPANEE—Minerva Survivors: Parents, Mr. Hoogeboom; sister, Mary. OSCEOLA—Ransom Henderson, 66. Survivors: Wife. Alice; brothers, Sherman and Raymond; sisters, Mrs. Myrtle Minegar, Peter Brenneman and Mrs. ay

Hoogeboom,

50. and Mrs. Baker

PERU—Mrs. Armitia Bayless, 84. Survivors: Son, Elm Gunion; Sisters Mrs. James Mohler orl Mrs, Sarah A. Gurney; brothers, John and D. J. Wam ler. Samuel Adamson, 76. Survivors: Sons, Clarence, Emery and Arthur Adamson; daughters, Mrs. Lewis Goshern, Mrs. Ross Emerick, Mrs. Ralph Thrush and Mrs. Marvin Poague; sister, Mrs. Amanda

Brooks. . Alspach, Survivors: Sons, Allen, Carl and John Alspach; daughters, Mrs. Grace Whisler, Mrs. Hazel Lockwood, Mrs. Jessie Dewald and Mrs. al ha Dewald; sister, Mrs. Laura Lucknbill,

ROCHESTER -— Mrs. Inez Walters, 65. Survivors: Sons, Robers and Byron Walters; daughter, Martha

SOUTH BEND--Mrs. Michalina Fiwek, 83. Survivors: Sons, Casimir, Stanley and Ignatius; daughters, Mrs. Lottie Kuchowicz and Mrs. Blanche Fenimor Noah Dibb, 72. Sry Ivors: Daughters, Mrs. Cora Lucky and Elnora; son, Robert; half-brother, John Ford. ST. PAUL-—Mrs. vivors: Daughters, and Emma. SYRACUSE—Ellen Janice Jerarren. 3. Survivors: Parents, Mr. and Mrs. R. C. McFarren; brother, David; sisters, Virginia Mildred and Mrs. LaVon Day WAKARUS A_-Kleorge Rellinger. oe Survivors: Wife, Esther; daughter, Ms Elmer Risser; son, Clyde; brother, John

ASSAULT SUSPECTS ARE BOUND TO JURY

Reputed Victim’s Condition Shows Improvement.

Noy Avery, 84. Sur Mrs. Gaynell Pahika

Two North Vernon youths charged with assault and battery with intent to rob as the result of an alleged attack upon an automobile salesman today waived hearing hefore Municipal Court Judge John

McNelis and were bound over to the Grand Jury under $5000 bond each. They were Clyde Schneider, 19, and Alfred Myrick, 24. Their alleged victim, Casper Roush, 50, of 520 S. Rybolt St., remained in Methodist Hospital, where it was reported he was “improving slowly” from head injuries. Mr. Roush, according to his report to police, was demonstrating a new automobile to two youths last Wednesday at S. Arlington Ave. and Road 29 when they attacked him, beating him on ‘the head with an iron rod.

FT. WAYNE FUGITIVE SENTENCED IN EAST

SOMERSET, Pa., Jan. 11 (U. P.). —Charles W. Thomas Jr., 19, of Detroit, who allegedly escaped from a Ft. Wayne, Ind, jail 11 days ago, was sentenced to serve five to 10 years in Western Penitentiary on five charges of breaking and enterne by Judge Norman T. Boose toay.

Thomas, against whom Indiana authorities have lodged detainers, also was sentenced to ‘a concurrent term of 18 months to three years on seven charges of larceny and a year in jail, to be served at completion of these sentences, for assaulting a constable. Thomas reportedly escaped from the Allen County jail in Indiana by sawing out steel bars.

LAW BOARD RENAMED

The Supreme Court today reappointed the five members of the State Law Examiners Board for another three-year term. They are: Dean Bernard Gavit of the Indiana University Law School; Julian Sharpnack, Columbus; Alan Boyd, Indianapolis; Milo Feightner, Huntington, and L. J. Oare of South Bend.

Indianapolis; a brother, Otto Gauger, and a sister, Mrs, Julia Scheulenes, both of Baltimore, MRS. NELLIE A. KAVANAUGH, who died at her home, 945 High St., at 5 p. m. yesterday, is to be buried in Holy Cross Cemetery following funeral services to be held at St. Patrick's Church at 8:30 a. m. Thursday. She was 78. A native of North Madison, Mrs. Kavanaugh had lived in Indianapolis for 52 years. She was a member of St. Patrick's Church and the Altar Society. She was the widow of the late Edward L. Kavanaugh. Survivors are: A son, John L.; three daughters, Miss Margaret Kavanaugh, Indianapolis; Mrs. W. G. Voelker, Columbus, O,, and Mrs. J. F. Meyer, Celedo, Fla.; three sisters, Mrs. A. D. Safell and Miss Della Gavin, Indianapolis, and Mrs. J. P. Hogan, St. Petersburg, Fla., and a brother, Willlam L. Gavin, Chicago.

TUESDAY, JAN. 11, 19338

BIDS TOO HIGH, ACTION DELAYED ON FIRE STATION

Safety Board Also Defers Acceptance on Offers For Equipment.

The Safety Board today received bids for construction of a proposed new fire station on W. Michigan St, east of the crossover at White River, but deferred action because low bids were above estimates.

The proposed station on which bids were received would replace Engine House 1 which now is at 447 Indiana Ave. The Board said lowest bids were about $28,000, or $4000 more than the cost of the recently completed station at Tibbs Ave. and W. Washe ington St. On motion of Edward P. Fillion the Board referred the bids to a special committee, including Fire Chief Kennedy and George R. Popp Jr. building commissioner. Mayor Boetcher said it was his belef if the bids were “out of line,” new ones would be asked.

Purchases Deferred

The Board also deferred action on bids for the purchase of new, light, fast equipment to be used in provide

ing fire protection to nearby come munities under contracts. The Board approved a contrach with Franklin Township to furnish fire protection for one year for $300. Fire Chief Kennedy reported that during December the department responded to 330 alarms, 13 morse than during the corresponding month of 1936. Fire loss was only $30,000 as compared with $60,200 during December, 1936.

POWER FIRM CITES NOBLESVILLE LOSS

Company Defends Plea to Stop Service.

Estimating an operating loss of $11.764 during the year ending June 30, 1938, representatives of the Northern Indiana Power Co. today_ defended their petition to the Ine diana Public Service Commission

for permission to discontinue steam heating service at Noblesville. The utility now serves Nobles. ville residences and downtown buildings, including the Court House, City Hall, jail and County Hospital. Mayor Horace Brown of Nobles ville and Frank Campbell, attorney representing the Hamilton County Board of Commissioners, opposed tha petition. The utility’s loss during the 12« month period ended June 30, 1937, was $4885, L. B. Schiesz, Northern Indiana Power Co. vice president and general manager, told the Commission. With price of coal now 31 per cent higher and other costs ine creased, loss for the 12 months end« ing next June 30 is estimated at $11,764, he explained.

DAUGHTERS OF UNION TO MEET MARCH 26

Plans for a state convention March 26 at the Indiana World War Memorial were outlined yes~ terday by the State Division Coune cil of the National Society, Daughe ters of the Union, 1861-1865, Inc. Mrs. Fred Wolf, Indianapolis, was named general chairman. Other committee chairman chosen were: Mrs. Louis Krueger, luncheon; Mrs. Walter Baxter, nominations; Miss Mildred Murray, Columbus, resolu~ tions, and Mrs. George Spiegel, cree dentials. Mrs. Walter Winkler, Lebanon, state regent, presided. All eight state chapters of the organization were represented.

SHERIFF TO PROBE NEW SLAYING LEADS

Sheriff Ray today said he would conduct a personal investigation into the fatal shooting last Wednesday of Charles Lewis, 30, while he was reported siphoning gasoline from a parked truck near a Alling station at 1402 N. West St. He said two anonymous letters had been received, giving new vere sions of the shooting. Lieut. Don Tooley, homicide squad chief, said detectives placed little credence in a letter turned over to them by Dr. E. R. Wilson, coroner.

LEGION TO SPONSOR DEMOCRACY FORUM

The first of a series of American Legion “Ideals of Democracy” forums is to be held at 8 p. m. Jan. 20 at Indiana World War Memorial under the direction of Albert F. Muerer, district commander, and Leroy P. McGhehey, district chairman of educational activities. At least one meeting is to be held in ‘each state district, officials said. Ben H. Watt, Americanism depart« ment director, is in charge of the state program.

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