Indianapolis Times, Indianapolis, Marion County, 31 January 1938 — Page 11
MONDAY, JAN. 31, 1988
"STEELS SHOW WAY AS MARKET RISES; |... TRADING IS LIGHT
&
New Demand Forces Aviation Issues Upward.
NEW YORK, Jan. 31 (U. P.) .—Steel shares led the stock market higher today. Trading was light. Gains ranged to more than a point. Steels had gains of 1 to more than 2 points with U. S. Steel at 54, up 2, and Bethlehem at 56, up 2's. There was nothing in the news {o account for a change in stock market opinion. Hence, the rally was ascribed merely to technical influences after eight consecutive declines, Demand was resumed for aviation issues and they recovered a point or more. Anaconda gained more than a point in a better copper section. Advances of a point or more were made by Allied Chemical, American Tobacco, Chrysler, Consolidated Edison, du Pont, General Motors, Montgomery Ward, Pennsylvania Railroad, Southern Pacific, Texas Corp. Union Carbide, U. S. Rubber issues, Westinghouse Electric and Yellow Truck. *® =
Today’s Business At a Glance
CORPORATION NEWS
Deere & Co. fiscal year ended Oct. 31 consolidated net income $14.,936,476 equal to $4.25 a common share vs. $11,601,306 or $9.42 previous year. Durham Hosiery Mills 1937 net income $175,767 vs. $70,942 in 1936. Kirkland Lake Gold Mining Co. 1937 profit $518,281 equal to 10 cents a share vs. $161,003 profit before income taxes in 1936. Michigan Steel Tube Products Co. 1937 net profit $429,778 equal to $2.15 a share vs. $373,345 or $1.86 in 1934. Montreal Light Heat & Power consolidated 1937 net income $8,575,717 equal to $191 a share vs. $7,869,500 or $1.75 in 1936. National Steel Corp. Dec. quarter preliminary net profit $2,580,925 equal to $1.19 a share vs. $4,628,729 or $2.14 year ago; 1937 preliminary net profit $17,801,893 or $8.21 vs. $12,541,842 or $4.50 in 1936. Pittsburgh Coal Co. 1937 net loss
$1,050,799 vs. $1,648,959 in 1936; De- | Steers—
cember quarter net loss $468,987 vs. $208,258 year ago. St. Louis Southwestern R. R. Co. 1937 preliminary net loss $944,163 vs. $48,942 in 1936.
DIVIDENDS
Scott Paper Co. regular quarterly 40 cents on common payable March
15 record March 1. (Copyright, 1938, by United Press)
G. M. EMPLOYEES GET STOCK AND MONEY
Local Workers in Savings Plan to Get $9500.
Times Special DETROIT, Jan. 31. General fTotors Corp. today began distribution of $2,690,608 in common stock and cash to employees through its Employees Savings and Investment Plan. Indianapolis employees of General Motors are to receive $9543.94, Anderson employees $174,691.29 and those in Muncie $2480.43. The distribution is being made to employees who participated in the plan in the first four months of 1932
FOREIGN EXCHANGE
NEW YORK, Jan. 31 (U. P.).—Foreign exchange firm. Following are noon cable rates on major currencies: Soe; ates England (pound) ..$5.0 Eng. (60-d. bill rate) 5 00% Canada (dollar) ... 1.00 France (franc) Italy (lire! . ae Belgium (belga) Germany (mark) Ger. (travel mark) Switzerland (franc) Holland (guilder) Sweden (krona) .. Norway (krone) Denmark (krone) Australia (pound) Austria (shilling) . Czechoslovakia (koruna) . Finland (markka). Greece (drachma). Jugoslavia (dinar) New Zeal. (pound) Poland (zloty) . Portugal (escudo). Rumania (leu) . Argen, (offl, peso). <-.0005 Argen. (unof. peso) +.0035 Brazil (milreis) 05° “uive Chile (peso) . oe Peru (sol) Uruguay
Net Change 005s
HHH + HF
4.0000 -.000015 + .01% +.000034
(peso) .5200 iti Mexico (silv. peso) os Hongkong (dollar) +.0002 Shanghai (yuan) -—.0002 4.0003
BANK STOCKS
Japan (yen) Asked
Bank of America ....... vera Bank of Manhattan Bankers Trust Bank of New York Trust. Brooklyn Trust Central HanoChase Chemical Commercial Continental Corn Savhange Empir
Guaranty Irving Cee Ry Manufacturers . National City
N Public “e's Title Guarantee
DAILY PRICE INDEX
NEW YORK, Jan. 31 (U. P.).— Dun & Bradstreet's daily weighted price index of 30 basic commodities, compiled for the United Press: (1930-1932 average 100) Saturday ......svseeuaeness 114.58 Week G80 ..crevrnvervensnwny 11582 MONth AB0 +vuvuvsearsrnnnne 114,69 Year ago 142.63 1937-8, high, April 5........ 158.26 1937-8, low, Jan. 29.
“sr :
STUDENTS BAN JEWS WARSAW, Jan. 31 (U, P.).——The Students’ Union at Warsaw University today adopted an Arven clause, excluding from membership all students having one Jewish
grandparent.
Hogs Advance 25 to 40 Cents In Trade Here
Scant receipts, improved dressed values and a good demand in the live trade sent hog values up 25 to 40 cents today, according to the
Bureau of Agricultural Economics. Weights under 270 pounds scored the minimum upturn, with 160 to 180 pound averages remaining in top position at $9.25. Packing sows responded with a mostly 25 cents gain to bulk at $6.75 to $7.25 for good sows, some lightweights topping at $7.50 while occasional heavy sows went at $6.50. The action in slaughter classes of cattle improved slightly over the dull session Friday and prices generally ruled firm against that day, but compared with Thursday, when a better test was made, no material price changes were recorded. Plain and medium steers and medium to good heifers predominated, a price range of $6 to $7.25 covering sales of both classes, with few exceptions. Cows strengthened against the soft spot Friday but sold about in line with Thursday, cutter grades at $4 to $5 and most beef cows $4.75 to $5.50. Bulls were scarce, unchanged, with an outside top of $6.50. Very few replacement cattle were included in fresh unloads and stocker and feeder dealers have only a limited display on hand. Vealers held steady, good to choice Kinds moving from $11.50 to $12, latter price top. Lambs sold mostly steady, or $7.50 to $8 for good and choice Kinds. Slaughter sheep moved unchanged at $4 down.
§ 0 9.35 « 9.25 «. 9.90
LAA and Gilts (140-160) Good (160-180) Good (180-200) Good (200-220) Good (200-250) Good (250-290) Good (280-350) Good ws
choice. .$ choice. . choice. . choice... choice. . choice. . choice...
(275-550) Medium | Slaushter Pig 00-140) Good = and Chive
Ad 933d 9333333
CATTLE ~—Receipts, 1000—
i (750-200) Choice (900-1100) Choice (1100-1300) Choice (1300-1500) Choice (750-900) Good (900-1106) Good (1100-1300) Good (1300-1500) Good ... (750-1100) Medium (1100-1300) Medium (750-1100 Nedium Steers and Heifers— 1550-750) Good
8.00@ 9.00
-3 wo
(750-900) Good (550-900) Medium Common
Cows
pan 333 09d © a3 33%
ir Sy SlgTits—
Medium’ - Comm
ota-1ta Saw
Bulls
Yearlings excluded (all weights) — Goo (beef) (All weights) Medium Cutter and common
—Receipts, 500— (All weights) Choice (All weights) Good (All weights) Medium Cull and common ....... Calves —Receipts, 300— (250-400) Choice (250-400) Good (250-460) Medium . (250-400) Common . Feeder and Stocker Cattle Steers— 1500-800) Choice (800-1050) Choice 1500-300) Good .. (800) 1050) Good (500-1050) Medium (500-1050) Common
Heifers— i (500-7500) Good and choice. . Common and medium . SHEEP AND LAMBS —Receipts, 2500—
993993
SR RRRII 3
oD opus oO OooUUNno
= PI P3399
[= o
Lambs—
SGood and choice ........ Common and medium .
1900 Ah ~¥=3 ow oom S33 3333 9 P39
CHICAGO, Jan. 81 (U. P.).—Hogs—Receipts, 22,000, jucluding 6000 directs: : ket, en, 15@ 150 $8.80@
ney hs 0-2 Toss %8 To aes: 270.325 1bs. @8; packing sows, aroun 25¢ higher: bulk medium weights and Ds. $6.90@ 7.15; lichtweights, $7.25 and better. Cattle—Receipts, 15,000: calves, 1500; general market very slow: not enough steers sold to establish a market; general undertone, 25¢ or more lower: heifers and cows also tended lower; early top fat steers, $9: load or so at $7.50@8. 25; stock calves and thin stockers, steady: bulls and vealers very scarce, Say wor sausage bulls, $6.75. vealers. $12 Sheep— Receipts, 13,000, InCTuging 500 directs; fat lambs, slow: midsession sales around steady to 25c lower: some bids off more; talking downward from $7.75 on good and choice offerings; early top, $8 on choice double handyweight to smail Killers: sheep, steady to easier; 123-lb. slaughter ewes, $4. LAFAYETTE, Jan. 31 (U. P.).—Ho
market, to 40 cents higher, Ibs., $9.10;
2 § 300- 325 Ibs.. 7.75; Roughs, $7 down; Lambs, $7.50@7. 75.
Jan,
.5 down. “calves, $10.50@11.
$9; 5. Rough: $6.50" $5.25; calves, $12; CINCINNATI. Jan 31 (U. P.). —Active on light su os 30 to 50 cents higher; top. $9.50, 200-225 1lbs., $9: 100-140 Ibs., 30 8. 75; most good packing sows, $6.50@6 Cattle—Receipts, 900: calves, 300: Fairly activ, about steady: package lioht yearlings, $7.75; load 1003- Ib. steers, $7.50; part load strictly good 647-1b. heifers, $8: ‘pain to good beew cows, $5. 50@6; low cutters and cutters, [email protected]: early ton sausage bulls, $7; vealers, firm; top, $12. Sheep—Receipts, 650; 248 direct; lamb trade mostly 25 cents lower; early scales good native ewe and wether lambs, $7.75 8.25; common and medium erades, $5.50@ 7.25, most slaughter ewes, $2@3.
LOCAL PRODUCE
Poultry—Heavy breed hens, 4% Ibs. and 3 Re, under 4'2 lbs, 14c; Leghorn hens, c; heavy springers, 112 Ibs. and over, 18c; Leghorn springers, 12 Ibs., and over. 15¢: old roosters, 9c. a strictly fresh country run Each full case must weigh 55 $ deduction of 15¢ for each full case under 55 lbs. will be made.) Butter—No. 1, 36';@37c; No. 34 @ 35¢c. Butterfat—No. 1, 30c: No. 2? 8c. (Prices quoted by Wadley Co.)
stags,
See Final Edition of the Times for, Closing Stock Quotations and Other Late News
THE INDIANAPOLIS TIMES
PAGE 11
§ 4
Last Change
14
C0 et pt oo w >
00 p= 4B CO in LI OO Ot bt BI bor? oR
5 SEES
m Anaconda jronD-M “eu Armour Il . ATIStONE Ck . Atchison . Auburn Auto ..
ald Loco ct wi alt Ohio
Boeing Air Borden BO er riggs Mf 3klyn-M e's 3ucyrus-Erie dd Mfg
3yers A M ves
Callahan Zinc.. Calumet & H.. Campbell Wy .. Canada Dry ... 1 Can Pacific .... Caterpillar T 4 Celanese Ch & Nw Ry Chrysler .... City Stores . Cleve Graph Br Col a Sas A..1 Colu Col Pictures “vte Com Solvents .. Comw & ve Cong-Nairn .... Cons Aircraft .. Com Edison Cons Edison ...
oty Crosley Rad .. Crn Ck cupfxw. Crucible St .. Curtis Pub .... Curtiss-Wr
Deere &
«. 157 «173% « 18% 9 bil 4% e 3% 2 ‘ot cerees 4 . Flintkote ...... 15% Foster Wheel .. 153 Freept-Sulphur. 25%
334 4
15% 15% 25
Bronze Electric .. Food .
Low
5 won Motors
Gimbel Bros ... Goodrich Goodyear . . Graham-Paige . Gt North pf .. Greyhound Cp..
th
1934 91% i. Harb-Walk .... 20% Homestake .... 63% Howe Sound ... 42 Hudson Motor . 7% Hupp Motor ... 13%
sll
Il Central .... 9 9 Ill Cent ot “ve }§ 16 1856
185g Ingersoll Rand. 7 9 Inspiratn Cop 12 11% Inter Iron .. 10% 10% Int Harvester . 50% 59% Int M Marine . 3% 34 N. “e's A 473, 30%
20, 634 42 T3% 13g
In ickel P&P ve Int P&P pf . 30's Int T&T Int T & T For.
Johns-Man
Kayser Jul ... 1 Kel-Hayes B.. Kennecott .
Lambert. ...... 1 Leh P Cem ... Leh Val RR.. Lehman “23 L-O-F Glass... Loew's 45 Lone Star ‘Cem. Marshall Fld... Martin Gl .... 17 McGraw El... Mesta Mach... Miami Cop ... Mident Pet ... Midland Stl... Mission Corp.. No-K Tex ... Mont Ward ... Mother Lode... Motor Whi .... MUITAY ++euves
Nat Dairy
N Pacific «vues
Ohio Oil ....... Otis Steel .....
Pacific Ltg .... Packard . . Paramt Pict Park Utah .... Patino Mines .. Phelps Dodg ... Phil Morris Priming ePt Pitts Stl vee Press aH Car... Pullm
Pure on "aha Purity Bak ...
ver 13 Republic Stl. “ee Reyn Met ‘oe Reyn Tob B ...
St Jos Lead .. 3 St L-S Fran pf a Savage Ar 15 Schetiley Dist pf Seab 'd Air L Sears Roebuck. Shell Un Oil Simmons
LOCAL ISSUES
(By Indianapolis Bond & Share Corp.) The following quotations do not represent actual bids or offerings. but merely indicate the approximate market level based on buying and selling inquiries or recent transactions.
BONDS Bid Asked
Citz Ind Tel (TH) ais 61 ...101 H ...1031%
Sg 5634 157%
1574 19 1912
Ind Railway Ine 67 . Interstate Tel & Tel Shas 3 . Indpls Water Co 34 . Kokomo Water Works 3 go Morris 5 & 10c Stores 5s 50 ... 98 Muncie Water Works 5s 85 ... Noblesville HI & P &
Ss T H Water Works 5s &8§ T H Water Works 6s 49 Trac Term 5s 57
STOCKS
Ind Hydro Elec 7% Indpls Gas com Indpls P & Lt 6% Indpls Pwr & Lt “pid 6% . Indpls Water Co pfd 57% " xLincnln Natl Life Ins Co com 24 F R ory com . . N Ind Pub Serv Co pid 5%%. ' N Ind Pub Serv pf 6% . 23 Pub Se
Union Title Co com Van Camp Milk Co nfd Van Camp Mik Co com (By M. P. Crist & Co.) xMarket St. Investment Corp . 21.59 xEx-Dividen
FOOD PRICES
CHICAGO, Jan. P.).—Apples— Michigan McIntosh.” S015 Sweet. Potatoes—Tennessee, ‘bu. hampers, 85@90c. ro limols, ‘bu., 30@50c. Spinach— bu Tomatoes—Mexican “52. [email protected]. Cauliflower crates, $1.25 40. Peas—California hampers, $2.90% % Celery—Michigan Square crates, $40c $1. Onions (50-1b. sacks) —Tilinois YelDs. [email protected] (street sales). wig
Tugs, @1.
NEW YORK STOCKS
By United Press
Net Low Change
Relx on ith Oo
Stone & Web .. 8%
WHEAT UP ONE GENT IN CHICAGO TRADING
May Futures Selling Forces Corn to Lower Level.
CHICAGO, Jan. 31 (U. P)-— Wheat futures climbed one cent above the previous close today on good buying by local traders on the Chicago Board of Trade. At the end of the first hour wheat was % to 1 cent higher, corn was to 3 cent lower and oats were 1% cent higher. Lack of moisture relief in the dry area of the domestic winter wheat belt was the bullish factor which pushed prices higher in Chicago, against the sharply lower foreign trend. Traders appeared satisfied to concentrate for a while on the domestic picture to the exclusion of foreign news items. Wheat receipts were 29 cars. Corn trade was slow and on a lower level. Pressure of May futures selling by a local operator | forced prices lower. Corn receipts were 223 cars.
WAGON WHEAT
3 SF fram elevators are paying for Mo, red, 87c; other grades on their merits. FI corn. new No. 2 yellow, 30c. Oats
LIVERPOOL WHEAT
(Today’s U. 5 equivalents besed on ster ling at $5.007%%
High Low
Prev. Close Close “evan 31. 13 $1.123: $1.127; $1.13 « 112% 1.11% 1.11% 1.12% 1.11% 1.11 1.11 1.117%
ARGENTINE GRAIN
BUENOS AIRES, Jan. 31 (U. P.) ITV futures opened sarregularly lower. Whea February, $1.09
changed. _ Flax—February, $1.35, changed; March, $1.36, unchanged. ——r——————— YS 20
N. Y. Bonds
By United Press BOND PRICE INDEXES
20 20 20 Inds. Rails. Util. 80.0 62.0 92.0 62.6 93.6 1.2 94.0 99.9 105.3 101.2 106.0 100.7 v 69.3 923 81.1 (Copyright, 1938, Standard Statistics Co.)
680 Bonds. 8.0 "9.1 81.8 100.0
Saturday ...... Week ago Month ago ... Year ago 1937 high
. 80.3 « 918 95.0
NEW YORK, Jan. 31
steady.
(U. P.).—Bonds
RE. Xb we-veuve- 0334
s -— Anaconda Con 4': Chi M StP&P 5s 75. Int T&T 4's 39 vor B88 Japan 5'3s . essen 36% Mo Kan Tex 5s ‘adj. vensnnass 1812 NH & Hart 4'28 «veveee. 21 Ohio Edison 4s 65....... “ee Util P&L 4s § West Md 4s
Curb Stocks
By United Press NEW YORK, Jan. 31 (U. P.).—Curb stocks opened Irregular, Am Cyan, ru Carri Gities “service Sole re “er
Net Last Change la Tg y
High Low Studebaker .... 5% Sunshine Min . 12% Syming-Gould . 7% —— Texas Corp . 38% T & PC & “e 8% - 23, 13% 42 . 10% wail %
Sls — 12% — 2
38 4+ 3% 8% 8% + la 9 9 t
PEA 1312 42 Transamerica .. 103% Union Carb ... Un Oil Cal .... Un Aircraft Cp
Un Air Lines . Jilted Corp
Vadsco Sales . Va-Caro Ch ....
2% 67% 5% 3 24 917% ~ 213, 10% 4; 39
Wabash pf A. Walworth ... Warner Bros .. Warren Br .... West Bnich ver Wesiihg El ve Wheel Steel . White Mot . Wilson & Co.... 41% Woolworth .... 383% wn Won. 1234 36% - 13%
12%; 35%
Yellow Tr ...... Young Sheet, ..
Zenith Rad ....
CHICAGO PRODUCE
ooh “graded firm; receipts, 9132 cases; fres raded firsts, cars, 19c; less than cars, 5c, extra firsts, cars, 19'%c: less than Sa 19¢: 16¢c; dirties, 17c; current receipts, Butter—Market, . receipts, 598, 142 gross 1bs.: extra firsts (90-91: score), 32@32'5c: extras (92 score), 33c: firsts, 30% @31'2¢c; seconds, 28@30c¢c; standards, 32c: specials. 33':>@34c. Poultry—Market, steady: receipts, 10 trucks: ducks, 18@22c; geese, 19c¢c: hens, 22@24c; spring chickens, 23@23'%c¢c: broilers, 20c; y 21@23c; Leghorn hens, 19¢; turkeys, 13@24c. 16%, 4
heese— Twins, @16'2c; longhorns, Potatoes—Supplies, ‘very little trading on account of cold weather; market, steady Idaho Russet Burbanks, [email protected]%c: Colorado Red McClures, [email protected]; Wisconsin Round Whites, $1. bushel 90: U.
13%
Salven,
Street Sales, less than carlots, crates, Florida Bliss Triumphs, $1. S. No. 2, $1.80.
Shipments: Sunday, 45: Saturday, 831; arrivals, 125; on track, 346.
U. S. STATEMENT
WASHINGTON, Jan. 31 (U. P.).—Government expenses and receipts for the current fiscal year through Jan. 28, compared with a vear ao: This Yea $4, 8 901, 1. pi 3, 97.6
Expenses $2, 3180 350, ne. 52
, 37.440. "460. 772.71 34 '505. 809,843.65 Gold Res. 12,755.339,632.30 11,345,260,577.54 Customs 237.779,313.83 233, 63; 335. 93
Today's Pur. 1 Pu Inac. Gold ......$5324.16 $1, 353. 009, 302. 47
INDIANAPOLIS CLEARING HOUSE Olearings 1 352 i Debit . 000
Month's ‘clearings . 75.345.000 Month's debits . 196,504,000
New Business Books Available at Library
The following new business books now are available at the business branch of the Indianapolis Public Library.
.. WHEN LABOR ORGANIZES, by Robert R. R. Brooks. ‘'‘A picture and an interpretation of the great labor upheaval of our own day PROFITS FROM COURTESY: HANDBOOK OF BUSINESS ETIQUETTE., by Mary Alden Hopkins. ‘A social etiquette grows more conJused, business etiquette grows more
gid.’ "BUSINESS STATISTICS, by G. R. Davies and Dale Yoder. ‘Students must know how statistical techniques are used before they can recognize Je, limitations and ‘dangers of mis-
YS rH SOVIETS, by Albert Rhys. “In contrast to the sad failures and defects of the Revolution, stands a long list of its accomplishments, in all spheres of human endeavor.” MODERN MANAGEMENT, hy J. E. Walters. A Purdue University professor surveys scientific management methods after personal visits to 42 industries and business concerns and from information from 233 companies.
GT Exchanges Vary Little
STOCKS ON
NEW YORK
x
~
N.Y. TIMES INDEX - 50 NEW YORK STOCK wo o
» o
THE PARKER CORR GENERAL DISTRIBUTORS
Times Special
LONDON anD NEW YORK EXCHANGES
S$¥O0.LS NOAGNOT 0Z - XIAN! LSITYNNY
INCORPORATED INVESTORS
BOSTON, Mass, Jan. 31.—The ups and downs of stock prices on the New York and London Stock Exchanges have run very close=-
ly together over past years.
New York stocks, however, have gen-
erally had the wider swings. At the end of 1937 London stocks were up 140 per cent from their 1932 lows while New York stocks were up
only 122 per cent.
During 1937 the two stock curves took almost identical forms until the last quarter of the year when New York stocks dropped much
faster than those on the London Exchange.
Some have claimed that
this greater drop is due. to a relatively more severe business recession in this country. However, an artifically high level of business activity is being maintained in many foreign countries by vast arma-
ment expenditures.
capable of self-support.
A taxpayer who supports in his
ficient for their maintenance.
support, does not apply.
of a family.
YOUR INCOME T AX
NO. 9
Who Is the Head of a Family
A taxpayer, though single, who supports and maintains in one household one or more individuals who are closely connected with him by blood relationship, relationship by marriage, or by adoption, and whose right to exercise family control and provide for these dependent individuals is based upon some moral or legal obligation, is the head of a family and entitled to the same exemption allowed @ married person—$2500. Also he may claim a $400 credit for each dependent, if such dependent person is under 18 years of age or is by reason of advanced age or poor health (mental or physical) inFor example, a widower who supports in one household an aged mother and a daughter 17 years old is entitled to an exemption’ of $2500 as the head of a family plus a credit of $400 for each dependent, a total of $3300. The $400 credit, however, does mot apply to the wife or husband of a taxpayer, though one may be totally dependent upon the other. Several factors are involved in determining whether a person who files a return as the head of a family is to be thus classified. The element of either legal or financial dependency must exist.
he exercises family control is classified as the head of a family, even though the children may have an income of their own sufIf he does not support them, by reason of their own income, but does exercise family control, he cannot be classified as the head of a family. If an individual supported is an adult and there rests upon the taxpayer a moral or legal obligation to provide a home and care for such individual, the exemption as the head of a family is allowed, provided the individual is financially dependent. individual is not financially dependent, the exemption, even though the taxpayer maintains the common home and furnishes the chief
For income tax purposes there can be only one head of a family and the exemption cannot be divided. Not infrequently claims for the $2500 exemption are received from two or more members
It should be remembered that a single person, whether or not the head of a family, is required to file a return if his or her income for 1937 was $1000 or more, regardless of whether the return is nontaxable by reason of the $2500 exemption.
home minor children over whom
If the
GEORGE FOLAND, POLITICIAN, DIES INEAST CHICAGO
Former Customs Collector Was Campaign Manager For Robinson.
George M. Foland, former U. S. customs’ collector for the Indianapolis district and active in Republican poiitics, died yesterday at the St. Catherine's Hospital at East Chicago, according to word received here. He was 69. Funeral arrangements were to be completed today. Mr. Foland, who had lived most of his life at Crown Point, where he operated a tavern, died of pneumonia. Mr. Foland was former Senator Arthur R. Robinson's campaign manager and later was appointed to the customs post here. He resigned in 1933 after reappointment. He was a director of the Northern States Life Insurance Co. of Hammond until it merged with another firm. He also organized and was secretary and general manager of the Lake County Ice & Cold Storage Co. of East Chicago. He was a member of the Scottish Rite Shrine and Knights Templar.
MRS. RHODA B. URICH, 19 W. 24th St., who died Saturday at the home of her parents, Mr. and Mrs. J. F. Petro, of Franklin, was to be buried at Greenlawn, Franklin, following funeral services at 2 Pp. m. today at the Vandiver Funeral Home there. Mrs. Urich, who was 59, was the wife of C. C. Urich and had lived in Indianapolis 20 years. She had been ill several months. Survivors, besides the husband and parents, are sons, Roy L., Ralph and Kearsley Urich all of Indianapolis.
WILLIAM E. HUNTER, 1314 N. Gale St., is to be buried here following funeral services at 2 ». m. tomorrow at the Pilgrim Holiness Church. He died at his home Saturday. He was 83. Survivors are the wife, Mrs. Delia A. Hunter; sons, Dallas, Philadelphia, Pa. and Basil, Indianapolis; a stepson, John Morrison, Lawton, Okla., and six grandchildren.
MRS. EMILY M. FUDGE, Indianapolis resident 19 years, died Saturday at the home of a daughter, Mrs. Clifford H. Tyler, 2435 N. Talbot St. Funeral arrangements were to be completed today. Mrs. Fudge, who was 82, was born at Xenia, O. She had lived most of her life at Dunkirk. Survivors, besides the daughter are sons, J. W., Indianapolis, Roy M., Los Angeles, and Chester M. Roanoke, Va., and a sister, Mrs. Frank Hammond, Shelbyville.
JOHN V. REID, Pennsylvania Railroad freighthouse clerk for 45 years, who died Saturday at his home, 705 S. Missouri St., will be buried at Holy Cross following funeral service at 9 a. m. tomorrow at St. John’s Catholic Church, He was 68. A lifelong Indianapolis resident, Mr. Reid died after an illness of one day. He had retired in 1933. He was a member of St. John's Church, the Holy Name Society and Altar Society of the church and the Ancient. Order of Hibernians. Mr. Reid was a bachelor and the only survivor is a brother, William, with whom he made his home.
MRS. ADDIE SHANE, Indianapolis resident 25 years, who died Saturday at the home of a daughter, Mrs. Robert P. Bennett, 1625 Nowland Ave., was to be buried today at Floral Park following funeral services at Flanner & Buchanan Mortuary. She was born in Ripley County. Besides Mrs. Bennett, survivors are daughters, Mrs. Mollie Dickey and Mrs. Dora McFadden, both of Indianapolis, and Mrs. Edna Cassidy, North Vernon, and a son, Noble, of Indianapolis.
MRS. IDA MARY COOK, Indianapolis resident until last July when she moved to the home of a sister, Mrs. Jess Trout, Whiteland, is to be buried at Crown Hill following services at 2 p. m. tomorrow at the Little & Sons Funeral Home. Mrs. Cook, who was 73, died yesterday at her sister's home. She was the widow of Henry G. Cook and was a charter member of the Indiana Firemen’s Association auxiliary. MRS. MARY JANE FITCHEY, lifelong Indianapolis resident, died yesterday at the home of a daughter, Mrs. Valle Yearian, 2330 Central Ave. Funeral arrangements were to be completed today. She was "7. The widow of Charles E. Fitchey, who died here in 1936, Mrs. Fitchey was a member of the Second Church of Christ, Scientist. She was born March 9, 1860. Survivors, besides the daughter, are a son, C. Fred Fitchey, Indianapolis, a sister, Mrs. Sadie King, Wauseon, O.; nine grandchildren, and two great-grandchildren. WALTER W. FORD, former Indianapolis News employee, was buried at Converse today following funeral services at Ragsdale & Frice Funeral Home. He died Friday night at Methodist Hospital. He was born at Wabash and began newspaper work at Marion after graduation from Purdue University. Later he came to Indianapolis where he was employed on the old Indiana Daily Times and at the News. He was a member of Sigma Chi Fraternity. He is survived by his wife, Louise Flinn Ford and a brother, J. E. Ford, of Wabash.
MISS HARRIETT M. ESSIG, who died Saturday at her home, 735 CarJvle Place, is to be buried at Atlanta following funeral services there Wednesday afternoon. Miss Essig, who was 23, was the daughter of Mr. and Mrs. Shirl M. Essig. Mr. Essig is a Technical High School faculty member. Miss Essig came to Indianapolis with her parents several years ago and was a graduate of Tech. Survivors, beside the parents, include a sister, Evelyn,
THOMAS F. STOUT, former Indianapolis resident who died at a private hospital here yesterday, is to be buried at Memorial Park following services at 3 p. m. tomorrow at the Harry W. Moore Funeral Home. He was 76. Mr. Stout was a native of Hall, Ind. and a carpenter by trade. He is survived by a son, Charles E., of Indianapolis; a sister, Mrs. Cordia McCrary, Indianapolis, and two brothers, the Rev. J. L. Stout of Morgantown and John Stout of Boswell. MRS. ELLA CUSTIN SMITH, who died Saturday at Petersburg, is to
Preparing for That First Test
ow
Stephen 8. Fassett is surrounded by books though only 7 months
old because he's a young man of
no uncertain scholarship. As the
first grandson born to a member of the 1912 class of Cornell University, he has been awarded a four-year scholarship by his grandfather's
classmates. 1936 Cornell graduate.
Stephen's father is J. S. Fassett III, of Needham, Mass,
$1.25 Feeds Chinese Refugee For Month, Red Cross Reveals
Food, shelter and medical care for one month can be given a Chinese
refugee for $1.25, the Indianapolis been informed today.
Chapter, American Red Cross had
This estimate was prepared by
American Consul General Clarence E. Gauss. He described conditions around Shanghai in the following message: “Hostilities have forced millions of Chinese civilians to flee from their homes, leaving behind most of their possessions. Autumn crops are largely ungathered and spring crops unsown. Trade and industry are practically at a standstill. “In Shanghai alone upward of 250,000 distressed Chinese civilian refugees are appealing for relief. As winter progresses, the distress increases. Epidemic of disease threatens.”
Hospital Scene Described
A similar word-picture of the devastation of modern war was received here by Dr. Alexander Paul, United Christian Missionary Society
Oriental department head, from one of a small band of missionaries ree maining in Wuhu, China. Writing of a bombing there in November she said in part: “Soon they began coming into the hospital. Wounded were laying all over the admitting room floor and the nurses and doctors were getting to them just as fast as they could. “Many were rushed immediately to the operating rooms. All three rooms were working until midnight with doctors stitching, setting bones, amputating. “It all looks so hopeless and dark, I just wonder what we will be able to do, if anything.” The Indianapolis Red Cross is coe operating with the national organe ization in receiving and transmite ting voluntary contributions to China.
STATE DEATHS
ROMA-—-Georbe Benton Catlin, 73. Sure i Son, Roy.
BENNETTS SWIRCH—Mrs. Ruth Coomler, 49, Survivors: Husband, O. C.; brothers, Pearl, Albert, Camden, Walter and Victor Riley: sisters, Mrs. Cora Johnson and Mrs. Belle Swain. BLOOMFIELD-—George Baker, 89. vivors: Three brothers, four sons; daughters. BLUE RIDGE--William Mullen, 38. Survivors: Mother, Elizabeth; brothers, Jacob, Harry and George; sisters, Mrs. Stella Neeb, Mrs. Mary Creed and Mrs. Delphia Sconn. BLUFFTON-—Joseph Pennington, 80. Survivors: Sons, Estle, Elbert and Elmer; daughters, Mrs. A. B. Martin, Mrs. Edson Neff and Mrs. Earl Miller; brothers, Harvey and George, sisters, Mrs. Bertha McNamamen and Mrs. Sadie Fisher. CARTHAGE—William A. Braden, 75. Survivors: Wife, daughter and sisters, Miss Sallie Carr and Mrs. Hollie Fry. HART--Jacob Longacre, 76. Survive ors: Wife, Bertha, acre; brother, Charles. Mrs. Clara Fish. 80. Survivors: ters, Mrs. Anna Rugh and Estella; Sn Charles Dixon; sister, Mrs.
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GOSHEN-Mrs. Eliza Wehrly, 85, vivor: Sister, Mrs. Viola Lingofeilt. JEFFERSONVILLE—Edward Stein, 21, Survivors: Mother, Mayme; brothers, Thomas and Harry; sisters, Mrs, Mary Wooton, Misses Rosella and Betty.
JONESBORO-—Michel Fisher, 67.
sons, Mrs. Frances arles Pardee Wright. , 74, Survivors: Daughter, Mrs, Steila Barkley; brother, Louis. KOKOMO-—Robert C., Wheeler, 64. Survivors: ife, Julia; sons, James and Charles; daughters, Mrs. Lucille Helton,
Sur-
Jones;
be buried there following funeral services at 10:30 a. m. tomorrow. She was 83. Mrs. Smith, a native of Petersburg, was visiting relatives there when she died. She had lived here several years with her son, Warren F. Smith, of 116 W. Hampton Drive. Other survivors are a son, Hubbard M., Seattle, Wash., and two grandchildren.
DR. WILLIAM J. WRIGHT, former Indianapolis resident, died today at Houston, Tex., where he had lived the last six years according to word received here. Before living here about 10 years ago, he had been pastor of the Christian Church at Franklin, He is survived by two daughters, Mrs. Ralph W. Lieber of Indianapolis and Mrs. Carroll Wilson of Danville, Ill, and two sons, Stanley and Donald, both of New York.
MRS. JAMES B. NICHOLSON, 5103 Park Ave., who died yesterday, is to be buried at Clinton following funeral services at 1 p. m. tomorrow at Kregelo & Bailey Funeral Home. She was 58. Mrs. Nicholson had lived in Indianapolis since 1922. She was a charter member of Fifty-First Street M. E. Church. A native of Scotland, she came to this country when she was 8. Survivors are a daughter, Mrs. Helen Nicholson Owen, Indianapolis, and a brother, Jack Beveridge, Gary.
MRS. ESTELLE ROLLINGS WOODS, who died yesterday at Methodist Hospital, is to be buried in Crown Hill following services at 2 p. m. tomorrow at Flanner & Buchanan Mortuary. The Rev. William Burrows, St. Paul's Episcopal Church pastor, is to officiate. Mrs. Woods was a graduate of Manual Training High School and a member of St. Paul's Church. She had lived in Indianapolis all her life. Surviving are the husband, James; a son, James W., and two sisters, Mrs. Frank Schmedel and Mrs. Alfred Buschmann, all of Indianapolis.
MRS. SARAH RAMSEY, Indianapolis resident 57 years, died yesterday at the home of a daughter, Mrs. Alfred Worth Sr., 1017 Newman St. She is to be buried in Lafayette following services at 10 a. m. Wednesday at J. C. Wilson Funeral Home. She was 92. She was the widow of Robert Ramsey, Civil War veteran. A native of Knox County, Mrs. Ramsey had been a member of Fountain Square Christian Church 50 years. Survivors are two sons, Edward and John; a daughter, Mrs. Harry Elzea, Long Beach, Cal.; six grandchildren and five great-grandchil-dren.
sister, “Elizabeth Long- |
Mrs. Eula May Norris, Mrs. Ella Hall, Mrs, Bessie White and Mrs. Anna Thieke: Sige ter, Mrs. Anna Ealen; brother, George; half-brothers, George and Winfield Scott} half-sister, Mrs. Alice Butler Robert C. Wheeler, 64. Wife, Julia; sons, James and Charles; daughters, Eula May Nor
Mrs. Lucile Helton, Mrs. ris, Mrs. Ella Hall, Mrs. Bessie White and Mrs. Anna Thieke; Sister, Mrs. Anna Ealen; brother. Geo ge. half- Brothers George and Winfield Scott; half- -sister, Mrs. Alice Butler. L. Cramen, 64, Survivors: sons, Roy and Carl, daughthe] Zimmerman; stepson, Woodrow Duncan; Jlepdaughier, Miss une Duncan; sisters, Mrs ecca Fry, Mrs, Anna Baker and Mrs. Amy Pearce. LAFAYETTE—Mrs. Sarah Lemon, 79, Survivors: Daughters, Laura and Mrs, Pear! Finlayson Joseph Kune. in Brothe ers, Frank and Hen
un I ”
LA PORTE—Ben O. Way, 55. Survivorss Wife, Mabel; son, Charles R.: stepdaughe« ter, Mrs. Norman Block; brother, Perry W, LEBANON—Ferdinand Bartlett, 84, vivors: Son, Adrian; daughter, Bianche Smith; brother, Jo) n, sisters, Mrs. Rebecca Porterfield, Mrs. Sarah Howe ard and Mrs. Virginia Isenhour,
LINDEN-—Mrs. Emma B. Newkirk. Survivors: Husband, Charles W.: Theodore Bittbenner; sons, Glenn and Charles H.; sister, Miss Grace Bittbenner, Mrs. Herbert Whetzel and Mrs. Charles Murdock.
LINTON-—Matthew Bennie, ors: Wife, Minnie; daughter, Mrs. Charles Foote; sons, Andrew, James and Edward; brothers, John and James: sisters, Will Humphreys, Mrs. Harve Chaney, Ollie Smith and Mrs. John Johnson. NEW ALBANY—-Emma Koetter. Survive ors: Brother, Edward; sister, May NEWCASTLE—Mrs. Lonnie Ct . Ale exander, 36. Survivors: Husband, C. B, Alexander; sister, Mrs. L. M, Johnson, PERU~Mrs. Mary Schmoll, 69. Survive ors: Daughter, Mrs. William Volpert and rs. John Donlan; son, Charles; brother, Charles Clark. PORTER—Mrs. Sarah Costlet, 88. § vivors: Daughters, Mrs. Flora Brown, Mrs. Dolly Weaver and Mrs. Ray Zane; sons, Frank and Harry.
PRATHER-Arthur Young, ors: Wife, Hattie; sisters, and Lula. SOUTH BEND-—-Mrs. Minnie Eldora Overe Krouse, 35. Survivors: Husband, : sons, Parker, Allen and Otis; sise Mrs. Andrew Coldwater and Mrs, Kantz; brothers, Floyd, Edward Cecil, Roscoe. Roy, Culver and Clifford Overmvyver: sister, Mrs. Manda Wagoner; half- ~brothers, William and George myer
Overm Mrs. Minnie Eldora Overmyer Krouse, 35. Survivors: Husband, Otis P.; sons, Parker Allen and Otis; sisters, Mrs. Ane drew Coldwater and Mrs. Kantz; brothers, Floyd, Edwerd, Cecil, Roscoe, Rov. Culver and Clifford Overmyer: halfe sister, Mrs. Manda Wagoner; half-brothe ers, William and George Overmyer. Mrs. Bebecca illiard Geyer, 68. Sure vivors: Husband, Henry C.; daughter, Mrs, Gladys Truman: Brother Isaac W. Wile liard; sister, Mrs. Mary E. Christopher. THORNTOWN-—Samuel Ward Rinkaia, 86. Survivors: Daughters, Mrs. Youkey and Mrs. Earl cLain: sons, a gar and Will: sister, Miss Alice Kinkaid. WALKERTON-Albert Shultz, 54. Sure vivors: Wife, Bertha; brothers, Otto, Wil liam. Fred and August: sisters. Mrs. Lewis Barthel and Mrs. John Fretizen WARREN George Wilson, 62. Survivors: Wife, Mrs. Inez Black Wilson; sister, Mrs. Emma Jonn»s
FUNERAL TOMORROW FOR MAYOR OF ANGOLA
ANGOLA, Jan. 31 (U. PD. Funeral services will be held tomore
row for William F. Shearer, 66, An« gola Mayor since 1928, who died yesterday. After his graduation from Trie State College here in 1897, Mr, Shearer became a Disciples of Christ Church pastor at Milton. For several years he served as an evangelist in Illinois and Indiana.
Survivors:
Survivors:
60.
67. Survive
82. Survive Misses Lilly
VETERAN FIREMAN DIES ANDERSON, Ind. Jan. 31 (U. P.), —Charles G. Alford, 72, chief of the Anderson Fire Department for 35 years and a member of the Depart« ment for 40 years, died at St. John's Hospital yesterday, after a long illness.
January BARGAIN DAYS
Now On at
W. T. Grant Co.
25 E. Washington St.
> NEON SIGNS ©
Indianapolis Electric Sign Ceo. 228 N. ALA. L1-567%¢