Indianapolis Times, Indianapolis, Marion County, 15 March 1938 — Page 11

TUSDAY, MARCH

Wi STOCKS

For=ign Gold - Influx 3 Indication Aids Exchange.

NEV’ ‘YORK, March 15 (U. P).— The sidck ‘market advanced today for the third consecutive session with’ volume light. At noon the list was holding gains ranging to two points. - Strength in the dollar and advances in American stocks abrQad together with indications that for_eign gold soon would be coming intp How: ork. in quantity helpéd the t Meta! ‘jssues were in demand on better markets for copper abroad. Federa! Mining & Smelting, on- a single deal -jumped 10 points to a new 1638 high at 75. Others of the group ose ‘fractions to nearly 2 ints. Steels made fractional advances.

“ Ralls were steady to firm as were utilities. ‘Du Pont, with a 314 point gain a’ 119%, featured the chemicals. O 5 rose small amounts, Airplanes, elecfrical equipments and motors were firm. Loew's rose more than a point. Building stocks rose a point ¢ more. American Tobacco was up 2 points at 87%.

. Business tt a Glance

G;/INERAL BUSINESS

F. W." Dodge Corp. reports Feb. aggrega ~ of building and engineering con racts awarded $119,038,000 vs. $188..90,000 year ago. Oil & Gas Journal reports week ended arch 12 domestic crude oil output ,380,2108 bbls. daily, up 27,074 from previous week. Rubbé- Manufacturers Association reports February rubber consumption 23,868 long tons vs. 29,429 previous month and 51,887 year ago; imports $3,930 long tons vs. 42,135 previous aonth and 43,289 year ago.

CCRPORATION NEWS

Allis-Chalmers Mfg. Co. 1937 consolidatec net income $7,841,167, equal to 442 a share vs. $4,014, 112 or $2.27 11 1936. Americ:n Coal Co. of Allegany County 1937 net loss $116,590 vs. $189,929 1: 1936. Americon - Hawaiian Steamship Co. and wholly owned subsidiary January net profit $45,206 vs. net loss $133 20 year ago. Carolin Power & Light Co. 1937 net inco 8 $2,564,681 vs. $2,115,366 in 1936. Cleveland Graphite Bronze Co., 1937 net profit, $1,503,825, equal to ' 467 a share vs. $1,238,658 or $3.85 in 1936. Colonics! Beacon Oil Co. and subsidiaries (controlled by Standard Qil Co. o: New Jersey), 1937 net loss, $626,685 's. $2,912,702 in 1936.

Columbian Carbon Co., 1937 consolidated- net profit, $4,466,249, equal to $8.31 ¢ share vs. $4,021,137 or $7.48 in 1936. Federa. Mining & Smelting Co, 1937 net orofit, $1,598,447 «vs. $737, 871 .in 1936. Ganett Co., Inc., 1937 consolidated net profi®. $1, 123,085, equal to $15.38 a share on 6 per cent convertible preferrec and $8.64 on Class A common Vs. : £1,026, 150 or $14.45 and $7.52 respectively, in 1936. Internztional Nickel Co. of Canada and wholly-owned subsidiaries, 1937 net profit, $50,229,624, equal to $3.31 a common share vs. $36,865,526 or-$2.39 in 1936. Louisiana Power & Light Co., 1937 preliminzry net income, $1,171,935 vs. $1,058.365 in 1936. Nationz! Cash Register Co., 1937 . consolida‘ed net profit, $3,920,667, equal to $2.40 a share vs. $2,865,341 or $1.76 in 1936. Nevada -California Electric Corp. 1937 consolidated net profit, $816,403 vs. $831,896 in 1936. _ New Orleans Public Service Inc. 1937 preli:ninary net income $1,042,387 vs. $525,354 in 1936. Pennsylvania Glass Sand = Corp. 1937 consolidated net profit $734,423 - equal fo 51.72 a common share vs. - $504,799 o $1 in 1936. Phillips Petroleum Co. 1937 consolidated et profit $24,113,874 equal

to $5.42 c share vs. $17,875,489 or|

$4.02 in 1°36. United Z=Engineering & Co. 1937 not profit—$4,043,644 to $4.86 a common share vs. $2, at - 072 or $3.25 in 1936. Wagner Baking Corp. '1937 net income $305,894 vs. $393,035 in 1936. Western Electrical Instrument Corp. and subsidiary 1937 net profit $422,8% ve, $256,301 in 1936.

Dividends

American Manufacturing Co. regular quarterly $1.25 on preferred |a able March 31 record March 15. PD Berghoft Brewing Corp. directors

jandry

took no =ction on quarterly due wes. a5

- March 15. Cleveland Graphite Bronze Co. interim 25 cents on common payable’ March 31 record March 24 vs. 50 cents year ago. . Marshall Field & Co. regular quarterly <1.75 on prior preferred and $1.50 on 6 per cent preferred both payal . March 15.

nme

CHIC/GO PRODUCE

=, - steady; receipts 18 Mant rade d 8 {Bests cars, RP Tisc; Naps C; sts, cars, i7%c; Be WEEE ike oe “19%; JRL

urbanks. a

15, 1938

LUME LIGHT AS ADVANCE THIRD DAY IN ROW ==.

le March 31 record | Ms

ted {odd lots 1000-1b.

Porker Prices

Lose 25 Cents|i&s

On All Weights

All weights of hogs were included in a 25-cent lower market here today, according to the Bureau of Agricultural Economics. Values were weakened by further losses at most other key terminals and the -determination of killers and shippers

here vo adjust the relatively high | Shes Cc

levels prevailing yesterday.

Even at the decline there was talk | &

on killer account of more downward adjustment being necessary to bring live and dressed costs closer together. Best 210-220-pound hogs. topped the day's trade at $9.65. Packing sows lost 25 cents in sympathy with the decline on butchers, bulking at $8 to $8.50. A fairly liberal run of slaughter steers and heifers found outlet at mostly: steady rates, although the

‘trade was somewhat spotted and

occasional sales fell on the weak side. A good representation of outside buyers bought "slaughter she stock, especially cutter grade cows, on the strong side, recovering any loss in this department yesterday. Several loads of steers ranging from 1031 to 1268 pounds brought $9 to $9.25, two loads 1268 pounds at the top of $9.25 on Eastern account. Most steers graded good or choice

and very little had to sell below $8| com

except plain lightweights. Most heifers cashed from $7.50 to $825, a short load choice 688-pound, $9. Beef cows bulked $5.25 to $6, good young cows and heifer types, $6.25 to $6.50 and above. Cutter grades were mpst numerous from $4.25 to $5.25. Top weighty bulls went at $7. Quality considered, there was little change in lamb prices wes Ie with the close last week. Good to merely choice native and Western lambs sold at $9 to $9.25, medium fleshed Westerns from $8 to $8.50, with around a double of plain clipped offerings at $7.25. Lower grade native lambs sold down to $7. Slaughter ewes were scarce, bulking at $3.50 to $4.50, choice handyweights quotable to $5.

Barrows and Gilts— 140-160) Good choice. . 60-180 od Shale. choice. . (200-220) od hoice.~ (220-250) Good Bore. 9. (250-290) Good choice. . (290-350) Good choice. . Packing Sows—

Son Good (329-435 (275- 550) Sodtum Slaughter Pigs— (100-140) $04 3 and choice. .

vooooo SSRR3HS

$Y Dus = DOG 9 S009 EEN $000 9060 S883

Son a8

—Receipts, 2031— ( 000) 3

@ obhhoomoomN 2 33Lys838as fe ps N00 0 NNRCLEINOO® coca coco uw

8 ares

(550-750) 750-900) Good 550-900) (550-900)

Al (

DI 2 $HaI23000000 2340 $0 00 00

CEO O HEECOROEEES

8288 STB

boo ooo vow ooo

oo) o €gee Yoana oo oo

el) GA Wortts) Medium ter and common Vealers =—Receipts, 500 (All weights) Choice 1 (All weights) Choice (All weights) Cull and medium

888

At ht ft

SSSS £062 ta put 3838

ou ese] ea 633— (250-400) Choice P

oxi md oo

Feeder and Stocker Cattle Steers—

{ ) (800-1050) -800) Good

rdos3adody Sac anaen

como 3 02 OSECED OC ©9089 88

oo @329.3:3 «JC DO BI T=

“atn oe Oa MaIma000

Good and choice. . Common, medium SHEEP AND LAMBS —Receipts, 1615—

Good and choice ....... Common and med

: $9. 99 20; Sho 280 FELL 8.20; butcher kinds, $8.35. or 3 Cattle—Receipts, 8500; calves, 2000; fed steers and yearlings steady; market less active than yesterday but all interests in Hace; weighty steers scarce; te Shipper Zroounts. : eommoR® and, medium s ge n ood action; at steers, $603 25; best ion yeariings. $10.25; strictly Sholes avies heifers JSheady : LL ang bulls SE to weak; vealers steady on. choice

9000; no directs; late s 15 to 25 cents off;

“Recep

Es a 8 a: iodo steady. . | Market 3 ply lower: 200-420 fis S50: 180-200 1bs.,” $9.4 45; 160-180 1 $9°35: 40 Ios 59. ° 2%. 200 pe = BF 260- “0 ibe. 2: a 58.10: 40-160 Ibs., $8.80; 120-140 1bs., a 635: T600i20 1bs., $8.05. Roughe $7.75; stags, $6.25; calves, $11. 50;

lambs, LAFAYETTE, March 15 (U. Ro0-290 Sea 20 to 30 cents lower; 200-220 Ibs. 220-240 1bs., [email protected]; 240ors. 3 F048 I Sa 160-; Joa 0; pigs a: RBS Soin’ 2 e si6@ 10.50: lambs,

0) NATL March 15 (U. Receipis, 3500; none direct; hoidover. 30:

ents lower 275 1 os0.80- 1 100-140 Jb. 8@8. 78: Bulk 450; a. 350; lim mos!

ack sows, $7.2 aR ipts, 0. 1 uly steady; 0 steers, $8.50; odd lots syeifers, $8.50 ra packin sows, [email protected]; low cutters and cutters hase .15; practical top sausage bulls, p_Recelpts, 100 100; ign direct, nomi5 [+ Ce na snd’ wether. ‘wooied, lan lam be’ Juosed from 156

9.7 a: cole ust velght. " Siatighter ewes ble up to $4.50 or-above. ~~

AFO0D PRICES

farch 18 (U. P. les— A. SL15@le 40; Sete

: Bushels. Ba 0c Spin:

probable top —Ho

.50; 275 lbs., 3 15

Sago Thiel pia. crates 3 BL ess call

Two years ago. 91.8

D0 8838

| American Loan Co 5s 46-51 Citz In

on oS

aomatoes. Mex |

THE INDIANAPO

"PAGE 1

: 7 A

High Low

% 1% 184% - 18% : ti2t 13 467

46% : 34% 34%

3Y; 3 13% 32%

Net / Last Change A\llegh Corp ... \llegh Steel .. Allied Mills \llis-Chal in Br Sh

c Til — Hide &L. 31; Am Mach & Fdy 13 Ya Metal Ya

DEBE RE

33 33 3% 3% —B— 8% 8% 14%. a © 38% 56% 5 ba 9% 1% Pl 28% 17

[++] ++1:

17%

Can Pacine cone BYa 6% Celan 8 i Cerro A Pasco. 3 ¢ Ei

tHE +

Af 517%

C y mE omw. Comwlth & S pf 3 Cons Aircraft . 18% Cons Edison Ya Cons Edison ‘of 913% Film 13%

Son vi V Pi. 90 rane Co C Crown Cork . 33

INVESTING CO.’S

(Inv. Bnkrs. Conf. Inc.)

Bid Ask Tavest Bank Corps: Adm Fds 11.33 12.05| 1 Bos Cp 1 .00 15. Affil F 3.83 4.22{Inv .3 Am H

19.25 21. Am Bus

HEE HLF HEHE

3.22 3.56

Bull Fd 12.50 Cent Trst 2), 2s 3; § sec

nv n a Y Stocks 3 we 0 7.8 ane | Bt 8eks . Pp El Eat Ins

Inv Contl Shs cpl xr hs 2

nN Te 30 oe He 53 2zZ . ow = = -

.«..| Mach Ex Se R Bab

it i OD IB DI ID DON OY

= NIN BI RII RIO DL NOWRNORLI DI = DI

ns Stck 3.01 A

Fix Tr

B PF Bd 17.2 Sovgn Fa ‘In Ic 15. 18 18; 33 Spen Trsk 13. 95 Tr A 4.36 5.00/Std Util 44 »B 3.95 Stte Bt In 74. bo Gen San 28. 8.40 30 Ry Cp A ..

”

A Securities gric 1.06 16) 5 Super AA 20 BB I i 25/Superyised, 8 St 1. 1:98 Tr 1 1.12) 94 A 6 I 7X i Ind Tob 90 i OSkLsEA 1; Inc Invs 18.01 17.21 8 Instl Securities, Led: HE + In Grup 1.19 1.32|Weli Fae Ex. Div. {Ex. Div,

N.Y. Bonds

By United Press

BOND PRICE JNDEXES ’ 20 20 t 20 Inds. - Utils. Yesterday ..c.. 91.6 Week ago 92.6 Month ago .... 92.0

Year ago 103.7 104.8

95.4 91.4 1106.0 92.3 106.2 103.5

igi 0 80 Of Aas aes Ara woes

yin: 2 [1-1

a. 32

60 Bonds 6.4 8.3 79.6 98.5 96.2 82.5 §6.7 100.7 sL1 100.2 93.3

Rails 57.8 61.6 66.0 98.2 92.1 70.0 57.8 101.2 69.3 100.4 ‘84.7

1938 1938 1937 1937 1936 1936

NE WYORK, March 15 (U. P.).—Bonds opened steady. Net Open Change Erie 5s 67 3s + Y is *%

ceesvevsnsens eecess

he 2 v

fi Stocks

NEW YORK, March ‘15 (U. P.).—Curb stocks opened firm. Net Open Change thy + 1% a

& S i ke on Min . ol dg Min . Pantepec Oil Techn color

LOCAL ISSUES

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

Asked 98

Trac Term Co 5s 57

9, % pid ...... 41 ainis. Gas *In Is Pwr & out 2 - i

*Ind jndp Water co’ Lincoln Natl La N In Mb Serv © Co fd 5%%rv 0 v 2 N Ind Pub Serv bh N Ind Pub Serv 4 . Pub Serv of Ind 6% Pub Serv of Ind 7% *Progress Laundry Co com. Terre Haute Shec So 6% . Union Title Co com. Van. Camp Milk con Van Camp Milk Co me By M. P. Crist & Co.)

Market St. Inyestment Co 22.00 *Ex-Dividen: shi no

U. S. STATEMEN®:

ASHINGTON, March 15 (U. P.).—Govand - receipts for. the

th rough Mar rch 12, This Yea - $5,203,383, 540

5. oF % a5, Receipts .. 4,058,478,024.26 Tafie re Def. 1,144.905,516.73 3 090; ran . 1,001,241,766.73 2,022,628.978 Cobh Det 3.071,505,895.05 1.682415, Work. Bal. 1,318,968,611.51 "085. Pub. Debt 31,311, 4T1.011.00 34,753,487,389. Res. 12,775,306,606.57 11,490,133,884 Customs '274,893. jie. 81 Today's Gold Cert: Fd.

Expenses

.DOW-JONES STOCK AVERAGES

4 | Hershey pf ....

- | Lorillar

5 | Nat Distillers

' WHEAT PIT Lo

% | fractionally on small profit-taking.

buying in sympathy with wheat.

See Final Edition of the Times for

ix || Closing Stock Quo ations ||

NEW YORK STOCKS

.Bv United Press,

30 INDU! Yesterday Week 280 ...-ccoesves0ese Month ag0 ....cees00000v000: .124.93 ~1.04 Year ago ..c..oces areas s ving 189.95 40.54 High, 1938, 134.35; Tow, 118.49. High, 1937, 104.40; low, 113.64. _ 20 RAILROADS 4 Yesterday eran Wed ; Week ago .... Month ago Year ago High, 1938, 32.33; low. 25.66. High, 193%, 64.46; low, 28.91. 20 UTILITIES Yesterday evs eerastisassesees Week ago . Month ago cersesevsanseessans Year ARO <csecibesarnis Aevates 32.84 0.01 ‘High, 1938, 21.86; low, 18.25. ! High, 1937, 37.54; low, 19.65.

19.00 —0.11

sesessegsstoessane

Yesterday ... Week ago Xz. Month ago . Year ago High, 1938, 44.42; Tow, 88.51. High, 193%, 69.67; low, 38.87.

High Low Crucible A, Tove Curt Pub pf ... Curt {iss-Wr . 4 Curtiss-Wr A’. 16%

-— %

Deere & Co .. Do!

Dougl Du Po

”

++ +4

« 17% 9k . 3% . i =r

: 18 Yo 5 adhe

9 387% 343 115 21%

Elec Aute-L Elec Pwr & Eng Pu Erie 1 pf

1 4%

Fed Min & S:. Flintkote

H+ — @

75 16%

+: +1

11: +:

ip. 10% tl 207 20 a Bi Houston Oil ... 7% 12 Hudson Motor « 7% T% 12%

A, . 12% . 10% 10% 63 62% 48% 487% Va 7 —i

“a Lf 37% 37 3 17% 17% 2 5. : 25 14% 14w 24 24 45% 45% 3 16% 16% —_M— 1% 1% D18¥ 18% Lag a 3c. 2 {15 15 i . 15% 15%

ee Nowe cxae: 8%18 + 21% q

Harb-Walk ....

piratn Qop erlake .

DFE + oH HG - - . 5

H+:

W's Lone Star Cem.

w. a

. A [a

+1401 +4

Fas

Nash-Kelv Tat Acme Nat‘ Cash Reg

. 12%

«’] . 21% Nat Gypsum .. .

+++] SEE

HOLD HIGH LEVELS

Corn Values Show Firmness On Moderate Buying.

\ .CHICAGO, March 15 (U. P.).— Wheat trading was slow today on the Chcago Board of -Trade bt prices held at higher levels. At the end of the first hour wheat was 5% to 1 cent higher, corn was 3% to 3% cent hgher and oats were unchanged to 1 cent lower. Prices of all futures climbed around 1 cent a bushel on indications of renewed “dusters” in the winter wheat belt. However, trade. grew lax and May futures slid back

Exporters were. credited with some buying but seaboard houses reported a quiet foreign demand. Receipts were 11 cars. Corn prices firmed on moderate

Volume was light but the undertone was strong. Receipts were 70 cars.

WAGON WHEA City grain elevators are vayin for No. 2 red, 79c; other grades on r merits. Cash corn. new No. 2 yellow, abc. Oats, 26c

LIVERPOOL WHEAT

(Today’s U. S. Equ jvalente Hated on: Sterling at $4.96

High Low $1.05% $1.04 RY ors $1 fate 1.05% 1.03% 1.05% 0434 1.03% 101% 1.03% 105%

FOREIGN EXCHANGE

NEW YORK, March 15 (U. P.).—Foreign exchange lower gable Rates

Z.01% —.0000% —.0000%% 0001 boi la

—.0007 0005

-— 0010

of America eases eens es of Manhattan © .

ssesses

. 18.68 40.09 | BR 18.90 ~—0.10 | Pitt:

‘Net Last Change |

i Ss & 8 Tri-Con t

Nat Lead Nat Steel . Nat Sup Penn. 20 "N Y Central .. ‘No Amer .No-Am Avn ... No Am Ed of | Oliver Parm Eq 29 ’ Po

Pac G & El ... 257%

enn , vow Pfeiffer-Brew - Phelps Dodg

ps Pet ... Pitts nited

Pin bee al

ston ves Press Stl Car . Procter & &G... Pullman Pure Oil

eo Mo Republic 54 vag Reyn Teb B ... 38% hfield oil’ ae uberoid 17%

FER

SCN SUC UOC RT

PEL HE I

Texas Corp . Tex G Sul Tex Pac L T.! - Transamerica . West- Air

+H +1} =

SHEER A

. apa

FI HHH EHD

Walworth ..... 7% Ward Bak 5. 2%

r Bros Test “Auto Sup. 18 Jest Union . 23 Jest Air Bke.. 28

Vesting El 91% Tits s "Overland 2 oodward Iron 15 oolworth ves orthington .. lk

RCC

‘91Y, 1 a 173% 13%

HEEL

Yellow Tr «ec... Por ETT

Measles Cases

+ %

during the last three weeks in Indianapolis has raised the total reported cases to more than 500, Dr.

secretary, said today. The epidemic has spread throughout the central west and probably has not yet reached its peak, Dr. Morgan said. Nearly a quarter million children had contracted measles in the first nine weeks of 1938, he added. Although health experts assert that measles is more annoying than dangerous to adults it may cause serious complications in childhood, Dr. Morgan said. The disease “in childhood has a tendency to cause arrested cases of tuberculosis to become active and may lead to pneumonia or other serious complications. Measles may be prevented by the use of immunized blood serum, Dr. Morgan said. The immunity is only temporary, lasting from four to six weeks, he warned. The serum can best be administered after the disease has developed. Dr. Morgan said that at the first sign of the disease

and the family physician called. According to statistics gathered by the Public Health Service, concen-

dle Atlantic and North Central States is probably due to a more widespread use of vaccine in Eastern States.

TAX DEADLINE NEARS FOR 6 MILLION IN U.S.

“Into Night on Report.

(Photo, Page 16)

WASHINGTON, March 15 (U. P.). —Nearly 6,000,000 Americans—irom ,$1000-a-year clerks to multimillionaires—struggled with income tax problems today in a last-minute rush to meet the midnight deadline for filing Federal returns for 1937. Income taxes paid today represent payment in full or first installments on last year’s earnings. Ranging from 4 per cent to 79 per cent, it was estimated that they would produce approximately $730,000,000 this ‘month. | Even at the White House there was evidence of the tast-minute rush. President Roosevelt worked on his report late last night but expected to have it ready several hours before the deadline. Administration officials watched the returns for an indication of what effect the business recession had on incomes of taxpayers. Within

: | will have to determine whether ad-

LOCAL PRODUCE Heavy. 2regd hens. 4 dos. and up. 15¢;-

strictly | fresh country. run, | dediiction n ori b “ie |

on al gee age: No Fo. i Be (Prices quoted by ee, = {a sare vevosiT | sox |

4 ditional funds must be borrowed in|.

the public money markets.

INDIANAPOLIS PRELATE IS ILL IN VINCENNES|'

The Very Rev. James Gregoire, dean of the Vincennes Deanery of the Indianapolis diocese and pas-

sess

mers

Gaining in City, | Morgan Warns|

A marked increase in measles |

Herman G. Morgan, Health Board |

the patient should be put in bed

tration of the epidemic in the Mid--

Even F. D. R. Works Far|

the next few days, Treasury officials |

VINCENNES, March 15 (U. P).—

Guest Speaker

William M. Morris, State Life Insurance Co. of Indiana actuary, will be- guest speaker at the luncheon meeting of the local chapter of Chartered Life Underwriters at the Columbia Club Wednesday. “Some Common Fallacies About the Life Insurance Business” will be Mr, Morris’ subject. Ross M. Halgren will preside at the meeting.

MINISTERS URGE YOUTH GUIDANGE

‘Dictatorial Powers’ In President.

- Closer parental guidance of Indianapolis youth was called for today in an open letter issued by the Indianapolis Ministerial Association. As a solution to “the crime wave of youth” the Association asked parents to have children at home be-

| fore midnight and to refuse to give

them the family car. “Parents should consider the examples they set in the lateness of their own social hours,” the ministerial body declared. It warned of “commergialized vice and commercialized temptations to debauch and debase on every hand.” Meanwhile letters opposing President Roosevelt's governmental reorganization bill as giving the President dictatorial powers were to be mailed today to Indiana’s Senators and Representatives by the Indianapolis Methodist Ministers’ Association, The letters, authorized at a meeting of the association yesterday at Roberts Park M. E. Church, ‘were prepared by a committee including the Rev. M. O. Robbins, Edgewood M. E. Church pastor, chairman; the Rev. E. E. Aldrich, Roberts Park M. E. Church, and the Rev. Guy Carpenter,” Central Avenue M. E Church. At yesterday’s meeting, the reorganization bill was both praised and condemned by speakers. The Rev. Mr. Robbins, in summing up the association’s view, declared the group approves elimination of overlapping functions of governmental units, but strenuously Opposes dictatorship powers. powers.

20G’S PRINCESSES _ GO ON BUYING SPREE

BOSTON, March 15 (U. P) ~The three Princesses of Albania continuett a New England holiday today by attending a fashion show. * The royal sisters have spent much of their time selecting clothes, some for sport, others for the ceremonies attending their brother's marriage

Ruhije and. Mazxhide

| Myzejen, x have selected bridesmaid’s dresses of : ‘white from sketches sent here from - Yesterday they ‘went on a}

shopping: spree and purchased 42

abe pairs gS does. Spors. clothes and

Montrose and Belle Air citizens continued their opposition to the abandonment of the Keystone Ave, 52nd St. bus line today. Last night at a meeting in the Forty-ninth Street Christian Church the Belle ‘Rosé Civic Association was formed. Paul Webster was elected president, and C. Titus Everett, vice president, and Mrs. Allen Martin, secretary-treasurer. The. Association appointed a committee which was in- . vited to. meet with Indianapolis. Railways, Inc. offi-

3 Methodist Pastors Oppose

in April to Countess Geraldine Apponyi.

line.

Everett.

®t y wie ¥

Leaders i in Fi ight to Retain Bus Line

cials. Mr. Everett, who is a member of the committee, said today it will meet with company officials only if they cause to be expunged from the Works Board record, the Board's permission to abandon the A public hearing on the matter is scheduled for Friday. Leaders of the approximately 350 pers sons who met last night are (left to right) Charles O. Studevent, Mrs. Earl Mikels, Mrs, Martin and Mr.

Winning in Gamble for Life

Times-Acme Photo.

This is. the first picbie made of Sylva Davis, 20-year-old Kansas City girl, since she risked her life in a spinal operation in hopes it would free her of a paralytic condition she has suffered since birth. Nurse Florence Davis is shown adjusting her pillow as she lies in a

hespiraior.

MILK BOARDTO ACT

ON PRICE CUT PLEA

Distributors Ask- Reduction

Of 12 Cents.

The Indiana Milk Control d was expected to discuss today the proposal to reduce the price paid producers for milk of 4 per cent but-terfat-content in the Marion County marketing area. : Distributors now pay producers $2.54 per hundredweight for milk of this grade. Fhey have asked a reduction to $2.42.

At a hearing last week, C. Win-

field Hunt of the Indianapolis Milk

Council, a distributors’ organizs tion, asked’ that the producers’ price be reduced so Indianapolis dairies would not be forced to raise their resale price to consumers.

Present Price 12 Cents

The present retail price is 12 cents a quart. Mr. Hunt said this might have to be raised 1 cent if the Board refused action on the petition. a Although all three parties, producers, distributors and consumers, were given five days to file briefs outlining their position, the Board today had received no further statements from them. Wymond J. Beckett, attorney, attacked the proposal to reduce the price paid producers and said in

part “The operating costs of producing

milk have been greatly increased

during the last few years. The dairy

farmer is required by sanitation |§

and health laws to construct far

more expensive plants, in the way of barns, milk houses, cooling Sys= tems and delivery charges. “All these depreciate and must be constantly repaired and replaced. Labor is higher, and more and bet ter machinery is required to cultivate the land and produce food for the herd. It is the producer that needs the help, and he will get it in defiance of their bluff, under our fair, just and equitable Indiana milk control law.”

REPORTS STORE ROBBED William Joseph, manager of the Naaman Brothers Grocery, 702 Lexington Ave., reported to police today that burglars entered the store some time ‘last night and took $40 hidden under-a counter.

@ Quality Office Furnishings help build . good business Quality office furnishings that create favorable impressions are being shown exclusively in our show rooms. Stow Davis Desks Gunlocke . Chairs Diebold Safes Metal Office Files Greist White Knight

; Lamps PHONE LI. 8515 oor to Ceiling Service”

SRI

112 1

TO THE HOLDER

‘TION COL RAL id

UST Et PORATION

Notte ce 18 a, fen that

RHI He thou ph gia

‘Notice of Redemption

OF OUTSTANDING NATIO built See hp NATIONAL sr ATIONAL BANK AND

OF Aion Ahn Gy gursuant to. the Rroyisions 3 of the trust

toons. interest al ie ta

2 "DATED

aes “St “thelr brine on.