Indianapolis Times, Indianapolis, Marion County, 10 February 1938 — Page 15

THURSDAY, FEB. 10,

- EXCHANGE STAGES Y FOLLOWING UNSTEADY OPENING

: $213,178 in 1936.

Transactions Light as List Gains to 2 Points.

x 4

“WEW YORK, Feb. 10 (U. P.).—Stocks rallied after an irrpgular opening today and around noon the list showed gains ranging to 2 points. Volume was light. Steel shares recovered early declines, VU. S. Steel reached 55, up 1 net and up 13% from the opening low. Bethlehem rose 2% points from its low of 54% and was 2 points net higher. Chrysler rose more than a point net and General Motors gained a point. Advances of 1 to 2 points were made by leading railroad issues. Santa Fe reached 37%, up 2%. Dow Chemical equaled its high for the year at 98, up 5. Nonferrous metal issues; farm stocks and aviations gained a point or more. n = =

Today's Business At a Glance

GENERAL BUSINESS

Dun & Bradstreet reports week ended Feb. 9 bank clearings $4,322,816,000, smallest in more than four years, vs. $5,085,156,000 previous week and $5,620,866,000 year ago.

Engineering News-Record reports construction awards this week $54,831,000 vs. $70,808,000 last week and $33,010,000 year ago.

CORPORATION NEWS

Arcturus Radio Tube Co and subsidiary 1937 met loss $135,475 vs.

Bell Telephone Co.of Canada 1837 net income $6,112,939, equal to $7.72 2 share, vs, $5,455,600 or $6.94 in 1936.

Chicasha Cotton Oil Co. and wholly-owned subsidiary, Guymon Investment Co. six months ended Dec. 31 net income $200,000, equal to 8 cents a share, vs. $73,049 or 28 rents in final half 1936.

Continental Steel Corp. 1937 Consolidated net profit $814,553, equal to $3.20 a common share, vs. $736,228 or $2.78 in 1936.

Kroger Grocery & Baking Co. four weeks ended Jan. 29 sales $17,961,840 vs. $18,798,326 year ago, off 44 per cent.

Liquid Carbonic Corp. December quarter consolidated net loss $14,538 vs. net income $64,083, equal to 18 cents a share year ago. Montgomery Ward & Co. January sales, $21,840,243 vs. $22,578,088 year ago, off 33 per cent; 12 months, $432,539,796 vs. $376,944,890 previous 12 months, up 14.7 per cent.

Munsingwear Inc. 1937 net profit, $193,101, equal to $1.28 a share vs. $494,033 or $3.29 in 1936.

Pacific Finance Corp. of Califor nia 1837 consolidated net income, $1,580,650, equal to $2.81 a common share vs. $1,830,414 or $3.58 in 1936.

Prentice-Hall, Inc. and associated companies 1937 net income, $417,175, equal to $443 a common share vs. $404,591 or $4.21 in 1936.

San Diego Consolidated Gas & Electric Co. 1937 net income, $1,331,867 vs. $1,372,990 in 1936.

Simpson's Ltd. fiscal year ended Jan. 6, net profit, $807,648 vs. $697,759 previous year.

Western Union Telegraph Co. Inc, 1937 preliminary net income, $3,325,769, equal to $3.18 a share vs. $7,189,120 or $6.89 in 1936.

DIVIDENDS

Equity Corp., regular quarterly 75 cents on preferred payable March 1, record Feb. 15.

Motor Wheel Corp; 20 cents on common payable March 10, record Feb. 19. In 1937 company paid four quarterlies of 40 cents each.

Curb Stocks

Sy United Press

NEW YORK, Feb. 10 (U. P.).—Curd stocks opened irregular.

LA la 1s lg 12

%

By United Press BOND PRICE INDEXES 20 20 0 Inds. Rails Utils. 80.1 64.7 ny 98 63.2 LR 82.8 70.0 Ms 95.0 1008 1056.3 92.5 874 143 $30 0.0 95.4 "9.6 61.1 91.5 . 950 101.2 1060 80.1 69.3 92.8 1836 high 106.2 1936 low ...... 90.0 84.7 103.5 93.3 (Copyright, 1938, Standard Statistics Index)

80 Bonds Yesterday 88 Week ago Month age ... Year ago Two years ago 1938 1938 1987 high 1937 low

YORK, Feb. 10 (U. P.).—Bonds

Ww opened irregularly lower, & O 000 ..... vee

CHICAGO PRODUCE

BEggs—Market, Receipts—8683 cases. Fresh graded firsts, cars, 16%c; Jess than cars, 16%c. Extra firsts, cars, 16%c; less than cars, 16%c. Checks, l4c; dirties, ko; ee oe os r—Market, s . , - LER ibs, Extra firsts (90-8115 secure),

steady.

283% c; extras (92 score), 29%c; firsts, 273, @28Yc; seconds, 26@27; specials, 293 @3 ; standards, centralized ( core), 28l%c; centralized (88 score), 28c

885 28%2

19C; . ens, 33@33'ac; 20@322c; leghorn hens,

1.40; Colorado MecClures, RB 45; th Dakota Bliss priuiphs, 1.121; Wisconsin Round Whites, $1.05; ichigan Russett Rurals, $1.05

New Stock—Sup jes, moderate; marketwerk, emand, Rohe. Track sales, less than Ls 1 ‘crates, Flo: Bliss

5 on » 5

Hog Prices Hit $9.25 Top On Local Market

Hog prices worked back to early Wednesday levels in a fairly active

trade which spelled recovery from Chrys

late losses yesterday of 10 cents, according to the Bureau of Agricultural Economics. Top was restored to $9.25 for best 160 to 180-pound butchers.

Packing sows cleared strong to |Corn around 10 cents higher, bulk of the | curtis

good cows going from around $6.75 to $7.25, smooth lightweights. Premiums remained scarce as values here held a relatively favorable position. Slightly increased supplies of fat cattle cleared fairly readily in the dependable manner which has featured the trade to date this week. Steer prices ruled steady to strong against previous advances Monday and Wednesday. Heifers were the best sellers, gain-

ing as much as 25 cents, with the | Gen Refract general heifer market strong to 25 |G

cents higher. All grades of cows held firm, with bulls unchanged. A sizable string of good to choice 1161pound steers were bought to arrive at $8.50. Best cattle market averages ave eraged 1270 pounds at $8.25, a few

lots of good yearlings up to $8, with | foud Her,

the bulk steers, $7.75 to $8.25. Most heifers ranged from $650 to $7.25, one pen $750. Bulk beef cows

cashed at $4.75 to $5.75, cutter grades |.

making $4 to $4.75. A short load of choice 620-pound yearlings sold, on feeder account, at $8.25. Choice vealers held at $12 to $1250 in a strong specialty trade, with others slow and weak, bulk good and choice, $10.50 to $12. Lamb prices were on a steady to 15-cent higher level, with fed westerns scoring the advance to top at $7.65. Good and choice natives made $7.25 to $7.50, while fed yearlings at $625 to $650 were unchanged. Slaughter ewes were steady at $3.50

3000 | Noblesville H I & P Ohio Tel Serv 6s

. 8.1 P, nvr sve vee 9.25 Barrows and Gilts— 140-160) Good 60-180) Good 80-200) Good 00-220) Good 220+-25( 250-29( 1290-35 Packi 27 (35¢ (425-450 od (275-550) Medium Slaughter Pigs (100-140) Good and choice.. Meditish +... vo CATTLE ~—Receipts, 1085

choice. .§ choice . choice . . choice. . choice. . choice. . choice. .

=

3-350)

: OPII IBEW DOED 8 ADE DEIR De 783 oS %33% 8833338 IIa BPOOOED

v2 Boman gage

DO £999 SACLRRS

ow» oS OO00O0 OO

ae

Steers— (750-900) (900-1100) (1100-1300) (1300-1500) (750-900) Good (900-1100) Good (1100-1300) (1300-1500) Good (750-1100) Medium (1100-1300) Medium (750-1100) Commo! Steers a (550-750) Good

3 o

BD RPT TT JOP 7 8 Lot

9 Satan a BITRE NDOD 0H

J Fuyzunsgany

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(750-900) Good (550-900) Medium (550-900) Common

Sony 833 989 APS © OZPSECPHIRE9

Guy git3y nanan

m Low cutter and cutte Bulls Yearlings excluded (all weights)— Good (beef) .. 6.0! Sti weights) Medium utter and common Vealers Receipts, 500 (All weights) Choice (All weights) Good (All weights) Medium Cull ana medium

F323 soon 83%

Receipts, 500 (250-400) Choice Good

soo 8838 OY -300

Feeder and Stocker Cattle Steers— (500-800) Choice (800-1050) Choi (500-800) Good (800-1050) (500-1050) (500-1050) Heifers— (500-700) Good and choice. . Common and medium SHEEP AND LAMBS

—Receipts, 3396

DBRT 83 88¥kzy 33%2

83 833343 99 S399 Heed OT BIIII3

oo

Lambs—

Ewes— Good and cohite ....... vues Common and medium

CHICAGO, Feb. 10 (

7.10 : Cattle—Receipts, 6500: calves, 1200. Fed steers and yearlings, weak to 25 cents lower; very slow: largely steer run: shippers and order buvers took a few loads early at [email protected]; paving up to $10.50 for strictly choice eighty ullocks: heifers steady to weak, light kinds, steady: best light heifers, } ws steady, bulls, 10 to 15 cents up: sausage Kinds, $6.75, vealers, 50 cents up, at

Sheep—Receipts, 11,000, including no directs. Fat lambs fairly active; strong to 10 cents more higher: Sood to choice offerings to packers, $7.2! . choice, $7.65; best h scarce; undertone stronger; to Ru 59-Ib. feeding lambs about steady _ 25,

Feb. 1

Very scarce,

. WAYNE, cents pigneni Ibs., $9.05; - 1 $8.65: 240-260 lbs., 280-300 Ibs., $7.90: 350 1bs., $7.40: Ibs., $8.65: 100-1 bs. 40. Roughs, $a Stags, $5.50. Calves, $11.50; lambs, FAYETTE, Feb. 10 (U. P.).—Markets all steady except calves, $11.

U. S. STATEMENT

WASHINGTON, Feb. 10 (U. P.).—Government expenses and receipts for the current fiscal year through b. 8, compared with a year ago:

2% in) 2 ~

nses

=~

33838! . «J 382523330 Tea 43223

283g 22

See Final Edition of the Times for Closing Stock Quotations

with a top of $7.50 on | Dee

THE INDIANAPOLIS TIMES

PAGE 15

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LOCAL ISSUES

(By Indianapolis Bond & Share Corp.) The following quotations do not represent actual bids or offerings, indicate the approximate market level based on buying and selling inquiries or recent transactions. .

BONDS Bi American Loan Co 5s 46-51 ..

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SAFES FEE

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Pub Tel ¢'os 55 “wa Ww

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(By M. P. Crist & Co.)

xMarket St. Investment Corp. 22.10 23.75 xEx-Dividend.

LOCAL PRODUCE

Heavy breed hens, 4% Ibs. and up, 15c; under 4'% Ibs, l4c; Leghorn hens, 3c; heavy Soringers. 12 Ibs. and over, 18¢: Lokhorn springers, 1% Ibs. and over, 15c. old roosters, 9c. No. 1 strictly fresh country run eges. 13c: each full case must weigh 55 Ibs. @ross. A net deduction of 15 cents for each full case under 55 Ibs, will be Butter—No. 1, 31%: 33: No. 2, Butterfat-—Ro. 1, 27¢c; No. 2, 25c. hese prices quoted bv the Wadley Co.)

BANK STOCKS

Bid.

30¢; (T

Asked. Bank of America . 451% Bank of Manhattan a Bankers Trus Bank of New Brooklyn Tru Central Hanover

Empire First Ni Guaranty Irvine Vara Yea we Manufacturers National City New York Trust ....

St but merely | Std O C

NEW YORK STOCKS

By United Press

DOW-JONES STOCK AVERAGES $v INDUSTRIALS 0.52 4.5% -1.62

High, 1938, 134.35; low, 118.49, Righ, 198%, 194.40; low, 113.64, 20 RAILROADS

High, 1938, 32.33: low, 27.08. High, 1987, 64.64; low, 28.91,

Month Ago ... Year Ago High, 1938, High, 198%,

21.86: low, 18.25. 87.54; low, 19.65. - wi High Low Me Ih 18 18 15% 15% w—— . 8134 47% 15% 168%

Net Last Change nnecott 3M + Ra 3 +

iy Kroger G&B ..

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Lorillard Ludlum Stl ....

22

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Hi: + 11+

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PRZEZ

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Nash Kelv .... Nat Acme ..... Nat Aviation .. Nat Biscuit ...

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Oliver Farm

pas Finance .. eG & El ... acka

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(14;

I+: 14440440:

LI JOB OD Tr

Tex G Su Tex Pac LT .. Trans & W Air

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C441

a eva U S Rubber ... U S§ Steel 53%

INVESTING CO.’S

(Invest. Bkrs. Conf., Inc.)

p—SASHA LD © RAO NAD ONE OD

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— WHIP II

—

—

cal Belge c ON BOIW- +.

Inco Invs 16.08 Instl. Securities Ltd. Bk Grp 138 28

Dr Dt CW AID CII VO P ‘ vv .

pd 13.65

Bona ssmeirs nats SRA EL BOBO

DAILY PRICE INDEX

NEW YORK, Feb. 10 (U. P.).— Dun & Bradstreet's daily weighted price index of 30 basic commodities, compiled for the United Press (19301932 average 100): Yesterday Week ago Month ago Year ago . 1938 high (Jan. 10) ...cevvnvsn 1938 Jow (Feb. 8) ...vvrvvrnnen

Tere REN RTRE EERE ERE RE

veeraaves 116.23 . 144.39

Terese.

113.87

bs 1937 low (Dec. 20)....

158.26 114.83

1937 high (April 5) .....

EE

upon examination of the return.

as between classes of business

rently as well as those arising in amount of the existing reserve. to be more or less than estimated reasonable addition necessary in

A taxpayer the volume of

year.

YOUR INCOME TAX No. 18—Deduction for Bad Debts

Bad debts constitute a considerable item in the returns of many taxpayers and may be treated in one of two ways—either by deduce tion from gross income in respect to debts ascertained to be worthe less either in whole or in part, or by a deduction of a reasonable addition to a reserve for bad debts. Taxpayers were given an option for 1921 to select either of the two methods. the return for 1921 must be used in returns for subsequent years unless permission is granted by the Commissioner of Internal Revenue to change to the other method. Application to change must be made at least 30 days prior to the close of the taxable year for which the change is to be effective. However, a taxpayer filing a first return in 1937 may select either of the two methods, subject to the approval of the Commissioner

method is limited to taxpayers having a large number of accounts where credit is extended over a considerable period of time. It is not granted for the purpose of handling one specific debt. What constitutes a “reasonable acdition” to a reserve for bad debts must be determined in the light of the facts, and and with conditions of business prosperity. It will depend primarily upon the total amount of debts outstanding as of the close of the taxable year, those arising cur-

In case subsequent realizations upon outstanding debts prove

existing reserve, the amount of the excess or inadequacy in the existing reserve should be reflected in the determination of the

using the reserve method should show in his return charge sales (or other business transactions) for the year, and the percentage of the reserve to such amount, the total amount of notes and accounts receivable at the beginning and end of the taxable year, and the total amount of the debts ascertained to be worthless and charged against the reserve during the taxable

The method used in

Permission to adopt the reserve

will vary

prior taxable years, and the total

at the time of the creation of the

the taxable year.

How about your office? Is it in keeping with

The Horse and Buggy Was Doing a Good Job Back When We Started in Business But—Who Would Want to Drive a Horse and Buggy Now?

"Floor to Ceiling Service"

today's business demands? Our Planning Department can create

and Other Late News

the modern office your

£ VRNL eh ude, = = LS

. W +0.94 3

Pr 117.06 | Hon

a. High Low MY 1% wa 3% 3% 9 95 2% 22% 2% 2% 41%

Net Last Change Vanadium i PF van esting Bi |. st

Wheel Steel villys Overind

ooiwort

41% —— 5%

Yellow Tr 13 35%

13% Young Sheet ...

35%

GRAIN FALLS BELOW WEDNESDAY LEVEL

Corn Reacts Favorably From Early Slump.

CHICAGO, Feb. 10 (U. P)=— Wheat worked down to levels almost one cent below the previous close today on the Chicago Board of Trade but an upturn followed improvement in the stock market. At the end of the first hour wheat was % to 5% cent lower, corn was 1% to 4 cent higher, and oats were i cent lower, A rally at Winnipeg gave added strength to the bullish movement imparted by the strength in stocks. Buying was moderate and mostly of & reinstatement nature after the early liquidation. Kansas City prices were relatively weak, however, and this held down the advance on the mid-session upturn. Wheat receipts were 16 cars. Corn prices were fractionally above the previous close on a good reaction from the early break. Export business appeared to be ime proving and traders bought in moderate volume. Corn receipts were 60 cars.

WAGON WHEAT

City Bruin elevators are paying for No. 2 red, 89c: other grades on their merits. 2h corn, new No. 2 yellow, 50c. Oat:

LIVERPOOL WHEAT

equivalents based on

Prev, Close close $1.15% 81.16% 1.14% 1.14% 1.13% 1.14%

UNION TO FIGHT ANY WAGE CUT BY STEEL

Use of ‘Escape’ Clause to Be Opposed .

(Today's U. 8. sterling at $5.00%.)

(Editorial, Page 14)

NEW YORK, Feb. 10 (U, P).=The Steel Workers Organizing Committee, a C. I. O. agency, will fight any attempt by the United States Steel Corp. to use the “escape” cldtise of the extended contract to reduce wages, it was indicated today. The “escape” clause provides ne-

may start on 10 days’ notice by either party; and if no agreement is reached within 20 days, the contract will be terminated. Three hours before “Big Steel” renewed “indefinitely” its agreement with the S. W. O. C. yesterday, several independent companies reduced prices as much as $¢ a ton. These reductions were met immediately by the CarnegieIllinois Steel Corp, U. S. Steel's largest subsidiary. Benjamin PF. Fairless, U. S. Steel president, declared recently that prices could not be reduced without corresponding wage cuts. Under the “escape” clause, the corporation left open the possibility of wage reductions should price conditions be considered to require them. Although the S. W. O. C. was unsuccessful in its attempt to obtain a guarantee of no wage cuts, both Mr. Murray and Mr. Lewis hailed the indefinite extension as a vic tory for labor and a protection of the wages of 240,000 workers affected by it.

FOREIGN EXCHANGE

NEW YORK, Feb. 10 (U. P.).—Foreign exchange irregular.

diet: tym Cable Rates Net Change Ene 80-0 br Sa

.. 85.01% . . TD. 5.00% soars Canada (dollar) .. 1.00 1 - 00 1-64 “ee = .0000 V4

rmany (ma Switzerland

(krone) . Japan (ven) .......

Auto Output

AUTOMOBILE PRODUCTION IN THE UNITED STATES

(U.S. DEPT. OF COMMERCE)

»

MILLION CARS Na

[

“031 1932 1933 1934 1935 1938 WI?

THE PARKER CORR GENERAL DIS INCORPORATED INVESTORS

Times Special BOSTON, Mass, Feb. 10.—The banner year for automobile production was 1929. The number of automobiles turned out in our factories last year was only 10% per cent under this record and the second largest production in the history of the industry. A record, however, was made in 1937 in the number of trucks produced which exceeded 1936 by 21% per cent and was up nearly 3% per cent from 1929. The stagnation of the used car market is clearing somewhat prinicaplly through low prices and more intensive advertising.

gotiations for contract alterations

2 GROUPS JOIN T0 FIGHT BOOST

Retailers and C. of C. Heads Oppose Higher Levies on Closely Held Firms.

Opposition to the proposed extra 20 per cent Federal tax on undistributed earnings of “closely held” corporations today had been voiced by Chamber of Commerce officials and an Associated Retailers of Indiana executive. They included C. D. Alexander, Chamber of Commerce president, William H. Book, executive vice president, and Lewis F. Shuttleworth, retailers’ association secretary. The proposed increase has been recommended by a subcommittee of House Ways and Means Committee and action is scheduled within two weeks. Under terms of the proposal a

which during the last half of the taxable year, more than 50 per cent of the value of outstanding stock is owned by or for one individual.

Ownership Defined

The definition applies also when more than 53 per cent of the stock is owned by two or fewer individuals; more than 56 per cent is owned by three or fewer persons, 59 per cent by four or fewer; 63 per cent by five or fewer; 65 per

or fewer; 75 per cent by 10 or fewer. When corporation stock is owned by members of a family or partners it would be considered held by one person under the proposed tax. Proposal Called Unfair The retailers’ association said in a bulletin to members that “most of Indiana's successful stores are owned by members of the same family.” Mr. Alexander said: “Apparently those who urge the new tax are aiming at the so-called personal holding corporations, which, they allege, have been set up for tax avoidance. Unfortunately, in aiming at them, the tax actually would strike many operating companies which, under no fair consideration, should be singled out for such treatment.”

BRIDE, 18, CONVICTED IN HUSBAND'S DEATH

FRANKFORT, Feb. 10 (U. P.).— Fernie Louise Timmons, 18-year-old expectant mother, today awaited sentence for the fatal shooting of her husband of a month, Clarence | Timmons, 28. A Clinton County Circuit Court jury of 12 farmers and businessmen found the girl guilty of voluntary manslaughter last night after more than seven hours of deliberation. The verdict carries a sentence of 2 to 21 years. Timmons was fatally wounded

during an afternoon drinking party, Jan, 21.

DOUBLE FOR LINCOLN LEAVES RAIL JOB

ALTOONA, Pa., Feb. 10 (U. P.).=— Alton I, Shirk, of Bellwood, whose striking resemblance to Abraham Lincoln brought him nation-wide recognition, has retired as a shopman at the Pennsylvania Railroad yards here.

Shirk, whom fellow workmen called “Abe,” has impersonated Line coln in numerous parades and public demonstrations during past years. His resemblance to the martyred President was so complete that he required no makeup of any kind when called upon to take part in celebrations Dono the memory of Lincoln. His only “props” were a frock coat, plug hat and cane,

NAZIS CANCEL PARTY FOR FOREIGN ENVOYS

BERLIN, Feb, 10 (U. ¥).—Members of the Diplomatic Corps have received notices canceling their invitations to the annual reception by the Foreign Minister scheduled for today and Saturday.

The invitations were issued last week under the signature of Baron Konstantin von Neurath as Foreign Minister, Since then he has been supplanted by Joachim von Ribbentrop and named chief of Fuehrer Adolf Hitler's new Privy Council on Foreign Affairs, so the cancellations were signed by Baron von Neurath as Reich’s minister.

—————————— CHICAGO, Feb. 10 (U. P,) Apples Michigan, McIntosh, $131.25, Sweet Potatoes—Tennessee ushel 90c. Carrots—Iilinofs, Spinach—Texas, bushel, 70@9%0c, exican lugs, $2.75%3. Ca California, hampers, [email protected].

: ; : ho, Valencias, 40. Minnesota, Yellows, $1.30, Colorado, hites, $1.70.

BUSINESS EDUCATION Fred W. Case n

Central Business College

Architects and Builders Building, Pennsylvania & Vermont Sts. Tndbls.

* * Ww

American National Bank Bankers Trust Company Fidelity Trust Company Fletcher Trust Company Indiana National Bank

THE MEMBER BANKS OF THE

Indianapolis Clearing House Association WILL NOT BE OPEN

LINCOLN'S BIRTHDAY, FEBRUARY 12TH A LEGAL HOLIDAY

* * *

INPROFIT TAXES

closely held corporation is one in |i

cent by six or fewer; 68 per cent | by seven or fewer; Tl per cent by |§ eight or fewer; 74 per cent by nine |;

‘SPACING OF BIRTHS

Wed

nator

BOCA RATON, Fla., Feb. 1q (U, P.). — Senator Smathers of New Jersey and his bride, the former Mary Jim Foley, Winter Haven, Fla,. were honeymooning here today. Married yesterday in Washinge ton, the couple flew to Florida ime mediately afterward, and expected to spend a week or ten days bee fore returning to Washington.

a N7

OWNER WARNED ON SOOT IS OUT OF CITY

Notifies Safety Board He Will Confer Scon.

The apartment house owner who was ordered to appear before the Safety Board for violating the smoke ordinance today had informed Theodore J. Dammeyer, Board president, that he was out of the city and would confer with the Board upon his return. The Safety Board ordered him to appear after Building Commissioner George R. Popp Jr. reported that repeated orders by smoke inspectors for him to reduce soot pouring from his chimneys, brought “nothing but insults and surly answers.”

‘KING ANTHONY’ NOW CLAIMS IRISH THRONE

LONDON, Feb. 10 (U. P.) —-Anthony Hall, former police inspector and “Tudor” claimant to the Brite ish throne, today claimed the crown of Eire, Mr. Hall, who referred to himself as “King Anthony I” in his last proclamation, said that he was confident he would establish his claim by 1940,

IS GOAL OF GROUP

NEW YORK, Feb. 10 (U. P.) = A Citizens’ Committee for Planned Parenthood, with a membership of 123 clergymen, businessmen, bankers, educators and social workers, began a campaign today to help the American Birth Control League “provide scientific birth control informption to America's 27,000,000 married couples.” The committee announced that it would make available medical

information to permit families to space births.

CAPONE REPORTED RESTING PLACIDLY

Prisoner Gets Usual Care, Alcatraz Warden Says.

SAN FRANCISCO, Feb. 10 (U.P), —Alcatraz Island's warden, James A. Johnston, announced today that Scarface Al Capone was lying

placidly on a prison hospital cot, that his mental breakdown had been without violence and that he was getting no special treatment. It was the warden’s first official statement about his most notorious prisoner, and he was piqued by all the reports and inquiries that have been made of the former Chicago gang leader since it was learned two days ago that he had lost his mind while serving the last year of his ll-year sentence on Federal income tax charges. “I don’t propose to issue hourly bulletins on Capone's temperature and pulse,” Warden Johnston said. “Capone has no special nurse. He is being given the usual care and there is no intention at this time to remove him to any other institu tion. We have just as good a hose pital here as the U. 8S. Medical Cen ter at Springfield, Mo.” A San Francisco newspaper had reported earlier that Capone was placed in a strait-jacket and bound to a cot after a violent outbreak,

CIVIL WAR VETERAN MARKS 92D BIRTHDAY

LOGANSPORT, Feb, 10 (U. P.) = Thomas Sands, who as a 19-year-old Illinois farm boy tramped more than 6900 miles through 57 major ene gagements of the Civil War, celee brated his 92d birthday anniversary here yesterday and recalled that on two occasions he saw Abraham Line coln, both times as the President reviewed war troops. Mr. Sands came to Cass County in 1901. He retired from active farming 16 years ago.

PURCHASER TO ACT ON ORDERS OVER $10

All State purchases of $10 or more must be cleared through the State purchasing agent, Governor Towne send had ordered today. The announcement was made fol lowing a conference yesterday with Laurence F, Sullivan, State Auditor, and Edward P. Brennan, State Budget Director. Department heads may make pure chases of articles costing less than $10 without receiving bids.

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