Indianapolis Times, Indianapolis, Marion County, 29 March 1938 — Page 14
i to a new low. Oils. ~viations, motors,
.. 000 lire in 1936.
=. $144 in 1936.
SLIG
~ FOR
COVERS RP DIP,
Variety of of Causes Blamec for Brea’.
NEW YORK, Mar-h 29 (U. P).— Stocks broke 1 to mo = than points after an irregularly lower opening today, steadied a: 3 ‘came back slightly from the lo7s. Volume in- _ creased on the decline. It dwindled when prices steadiec. : Market experts ascribed the break to a variety of ca%ses, including selling by traders ciiappointed aver passage of the Reo: ‘zanization Bill, weakness in Londc:a. silver uncertainty and impai >a counts. The Dow-Jones —zilroad average and the average fol -70 stocks made new lows since 1932. Second-grade rail bonds made record lows. Industrial and utility stozk averages were at new lows since 1035, Steel and mining issues were hard hit. U. S. Steel made a new low at 401%, off 3%. Howe Sound was at 25, off 33%. American Telephone broke
~~ rails and chemicals weakened. Utili- . ties held better tI'»n other sections. # ' #
Today's Business At a Glance
GENER 3USINESS
Dun & Bradstiet reports week ended March 24 business failures - 256 vs. 299 in pre ¥ ous week and 189 ~ year ago. "Federal Reser: he Bank of New York reports firs: three weeks of March total dep: irtment store sales in New York Fgceral Reserve District 13 per cept below year ago; sales in New Y¥Ya:: City 19 per cent lower than year ago. Oil & Gas Jounal estimates week ended March 26 Fide oil output in U. 8S. averaged” 3,405,619 barrels daily, off 23,953 fzom previous week.
CORPORATION NEWS
.- Amerjcan Airlines, Inc., 1937 con- _ _solidated net loss, $93,627 vs. net in- | come $4589 in 1936. Associated D:y Goods Corp. (in- . cluding all vholly-owned * sidiaries and © so Lord & Taylor,
majority of whose stock-is owned) |garrows nd Gi Gilt: en an
~ fiscal year ende: Jan. 29, net profit, $1,215,535, equa: to 2 cents a common share vs. $1,701 433 or 84 cents year ago. Banca Com °rciale Italiana 1937 net profit 34,9¢7,000 lire vs. 18,300,-
-~ ° Bendix Avia ion Corp. 1937 con- -. solidated net profit $2,255,133, equal to $1.07 a shire vs. $3,025,490, or
-* Canadian P:-ific Ry. Co. Febru- - ary net operati 1g income $324155 vs. $990,738 year : -o. Carrier Cor... 1937 consolidated net income $25,794 equal to 64 cents a share vs. $50 624 or $1.30 in 1936. Connecticut iver Power Co. 1937 net profit $1.4 13,825, equal to $2.29 a common sb ‘re vs. $1,448912, or $2.28 in 1936. : Federal Wa! r Service Corp. 1937 .consolidated 1 st income $1,107,008, * equal to 3 ce is a share on Class - “A” ys, $1,033,156, or 6 cents. in 1936. . Louisiana ' é' Arkansas Ry. Co. February surplus after interest $17,958 vs. $15: 120 year ago. Mountain Cty Copper Co. 1037 net income 8 1059, 299 equal to 45 cents a share = 5. $728,999 or 31 cents in 1936. 5 Northern Ficific Ry. Co. week ended March 26 carloadings 8305 vs. 7768 pre ious week and 9490
Power Co, week electric output $24,hours, up 2.6 per
: year ago. S
eaboard subsidiaries 1 130 equal 19: 485,676 or 3 : Valspar ie monthe or GQ Feb. 28 net profit $168447 v(* 1226, 193 year ago. . IVIDENDS Gardner. ener Co. regular quarterly 25 ¢ {4 fis s Bn common payable April 20, eC; April 8. Investor: #ind-C-Inc. quarterly 10 cents uz rahle April 15, record
March 31. (Copyri Lhe 1838, by United Press)
x 3 Bonds
Rr INDEXES ’ Inited Press (0 20 jhdus. Rails 51.8 55.7 64.9 97.1 91.8 70.0 51.8 .
. of Delaware and por net profit $2,447,[197 a share vs. $2,Aq
20 60 ull ‘Bonds 89.1 2.9 90.9 B3 93.3 79.8 103.0 97.7 04.9 96.2 4 825 89.1 2.9 106.0 100.7 23 #11 106.2 100.2 0. 108.5 93.3 3 JSiandary Statistics Co.)
azéh 2 29 (U. P)~—Bonds lower.
J ‘a dissent
sessed sans
—— IE § i sy - gmd 4 nt
8
da 8 5
sesesesensee
te Cen en Sveeess 2 IRE -' Phelps
a 8 a oh
“ see .etenves
LL hs cay
Sassari
2 TBE
C urb Stocks
“iy United Press NEW YORE. March 99 (U. stocks opeagc Alum Co Su an
an lsseesesssssena * se080secssnne a lanysas 3 Hsesnanaes ass 2 .. 36%, iewsecarsesscne 6 Shesassssssane Assesses ssate coven vececsnspsuse
LOCAL PRODUCE ~ wi Fria De Ba, 15¢c; ' Leg-
EIEhiB)
Tk to 2% Ie. 186: of 15¢c
margin ac-|.
sub-|2
P.).—Ourb acti
wy Tir |
All Weights Hold Steady
relation with nearby. competitive points when values held steady on all weights in the face of losses elsewhere, according to the Bureau -of Agricultural Economics. Demand
a creditable clearance of estimated 6000 hogs was expected.
pound butchers. At steady to weak prices, there were more heavy sows
good medium and heavyweight offerings ranging from $7 to $7.50, with the practical top $7.75 on lightweights.
opportunity to adjust live and dressed values and approximately 40 loads of steers grading mostly good slowly and weak to lower. Al midsession the bulk remained in first hands, carrying bids around 25
week.
The cream of the crop consisted of two loads of strictly choice weighty steers sold on packer shipping account at $9.50 and $9.75 for the eastern seaboard. Most steers Shpeated to be cashing from $7.75 to $8.50. The she stock market held steady, stimulated by a broad outside demapd. Good to choice 680-1b. heifers made $8.35 and $8.50. Vealers held steady, with the best handy-weights again at $10. Fat lambs advanced’ 25 to - cents in early trading, top on west-
erm wooled lambs resting at $8.65 c dig
near the noon hour when afo 1500 wooled and clipped lambs were still in first hands and held above $8.65 on some wooled offerings. .
March 13. ciesnns 19. | 21, 22
«3 3.40 9.40 9.40 9.30 9.25
4 2 .1 .0
Er : 25. 6. 28. 29. deicnceiivissiracidees 9.00 (140-160) ..$ (188-208) Good Good
2320) G 20-250) Good (250-290) Good (290-350) Good
Packing Sows— (275-350) Good 350-425 oe (425-450), Good cescseseses (275-550) \Medium sscssnines
Slaughter Pigs— (100-104)
oo wD
Sm o000s 0000 DWBA NDLr DONO NO
mmm ded eer Toon
Lo ayaR ay) tom ono aa Sono
9 ©0999 89999999 2=12100
od and choice. v edium :
ow nw oy So
| \—Receipts, 1156— (750-900) C.
Sadanas
| 99999939999
ooo Wm
(750-1100) (1100-1300) Medium 135-1100) Steers an 850-750) Good
oD © IPRNREBOPDD
3 SAR 0I-IN000 OU MOD -1aa 3 28 8 MNOO=IaJadadaends
on
(750-900) (550-900) 1550-900)
a 333
099
S1300
Common Cows
OS =30 .
All yoights~ Goo
Low cutter and cutter ron Bulls
11 S Welehis) Medium . tter and common Vealers —Receipts, 500—
(All weights) Choice All wi ights) Medium All wei ts) Cull an
—Receipts, 661— (250-400) £lolte
Manm ...) Common
St ou
00-8 (20¢ 0: 800 (800(50
Heifers— (550-750)
-1050) 2 Common
2 Bmx
Good and choice . | Common medium
SHEEP AND LAMBS
—Receipts. 3216— Lambs— i
Pood and choice ‘Common and medium ......
CHICAGO, March 29 Ho s—Receipts. 14,000, Jee ects; na eH gan
ibs. top. 38 35@8. 180
U. P ) Livestock: Including 5000 diven 10 to 25 Sente lowbs.. $8.75
9: 250-350 ibs., [email protected]: fs Rx ki =H! 8. sows. [email protected]. Sac cng
file—Receipis, 7000; calves, 2500; tse done on Siete: dg reely steer
Junst prospec oxy Pp. $9.90; De held Bigher."} iaasiy 809 she-stock
on sale; fed h nd to strong; 1s rons
fo lo¢ Scares, steady higher; vealers, dull. uneven: veal-
lo. i $6.40.
steady on i A
PT. fo March 29 {U. P.).—H ke 5 Jower: -220 ibs. 160-180 1bs.. $8.65: 220-240-260 1bs. $8,657 80-280 I i i: 100-120 lbs.,’ 3 stags. $6.25; calves, $10;
.85;
|
(0. P.).—
15 240.475 Ton | @8 | rou Calves,
.80: 220-240 1bs.. $8. ase: .80; $8. peas 80: 275-325 ! og. 18 160-200 1bs 268.5008, 10; pigs, $8. 38:
#130 dow ‘lambs. $7.50@8.
CINNATI, March 29 (U. P.j.—Hogs— pts, 2760; none “airect; no no ro
to 25 cen So $8.90; 1 Bro 25@8; bulk
- v
fairl cholce
h 8.38; beef cows. s nd clsess. $4.25 1s, $6.75:
. direct:
y: prac eipts, none
Ca. 200:
! steady? good ewe and ether wool Jambs.
$8.50 common $6. 008: Suni? ewes 2 mainly "1 wo 5.50.
~ See Final Edition of the Times for Closing Stock: Quotations |
At Midsession|}
Am Local hog prices improved their| Am Zinc . ERE
on outside account was good po Bald Loco
around the $7 figure, bulk of the|Z
cents under previous levels this g
30|$
LAFAYETTE, Mareh 29 ? Marked, steadv to 10 cents Tower; 005330
bulk | £YiTe | Manutactureis””
NEW YORK STOCKS
By United Press
dams ks “ee
Ales’ Sto
Col Colum
Armour Armstrong Asso Dry ( Asso Inv Atchison p Austin Nic Aviation Co
29929920992 Q Sasa eo
WwW &
Top held at $9 for best 210-220-| Ben rd’)
The most liberal steer run in|Brivn weeks offered buyers a long awaited B
nM .. Burroughs Bush Term ...
Butler Bre
"
ark Eq 12 imax Moly Co 333% Coca-Cola 109%;
Broadcast A 1412 Gas
Net ~ Last Change
SES
En,
3 oo
% Deere & Go oes pe
1 -— 1
Pe 1 rn; 1%
C
[nd
Tra
Belt Cen
N1 N
ce 140-170 | Fi
Home T&T FtW 7%
xInd Mich %- Ind Gen Serv Co 6% pfd.. xInd Hydro
Indpls Gas XInapls Pwr & Lt £d. 6% .... Jody. P&L
Hook Drug Inc cum.
Van Camp Van Camp Milk Co com
Bid. Asked. Adm Bd 2d OE 10. 32 1ay
Eqt Steel q Ha
Ba Bankers
¢ ok tra hase
~10CAL ISSUES
HONDS
(By Indianapolis Bond & Share Corp.) The following quotations do not represent actual bids or offerings. but merely indicate/ the approximate market based on buying and selling inquiries or recent transactions.
Bid American Loan C Co: 1 46-51 ...
s b1
H Tel & T
Assp Tol pi 88 1 6
¢ Term Co 5s 57
; R St Yds pfd
pid.
opist 7% pid
R a Ind Pwr 1% Ra sven
J es 68 ou Muncie | Water "Works" 5s 65.. Noblesville HL&P 5'2s 47 ;Ohio Tel Servi Se 6s in. | Pub Tel 45s Richmond W W 5s 57.. Seymour Water Co 5s 49. . Tr L 5s 4
STOCKS Belt RR St Yds com.
.
nd Pub Serv Co id §%%.. lg
nd Pub Ser nd
m Milk. Co pf
(By M. P. Crist
80 11% & Co.)
Market Be Jnvssyment corp. . 20.07 21 id xEx-Di vid
INVESTING CO.’S
{By the Inv. Bkrs. Conf. ae. )
25 19.00 Inv 7 y &
8 i pa BR BRS
© ea LIE: + 2 On Sea. “oes
@ a
sur
Pr sitet
58 “ ol
. khgks CN
91: Trs
98 168
117
Tnyest Bank 18%
22
‘ D AA TB Cc
Ee “ Oil B
Rau ul ve Ins Grp 1.06 gn
d. Asked.
4.00 42 2. 33
- E50 ud gs 380%
~- wa
fa WD Eo =Ta3 ~I 6a -ThI i
Ob ODM CID aI SEN anaes
wm -» ° an Fos o 0 put ® 4 BNTINQONUI-T ORHVDIG Lor]
~~ [OS or PND OD-JV-I10°* ©
tag - DOD) VD ANID Soemawe
a n 44 og =
Ln od =a?3 Es 110 Gnomes
eo. vo. ..»
2903 i500 -3-300 1383 Ben -Imen-ae ZieRRxIosahe ea 8 08 mae: ol 33a
>
8asuRas=I22a293R52R -3 a i)
i
Sia nd
1. ¥ 1. 1. 5. 4. 1. 1.
| BANK STOCKS
Hanover -
1 Fi
N New ¥
WASHINGTON,
tional City ork Tru ot
us J: k of New York Trust .. Trust raw
ab AE .:331 340: 3 x
140 12
2 i ult | § 212 1 301 21 ae
¥ |
U.S. STATEMENT
March
to 21a 1bs., dur tee shod Tbs. will
and Other Late News
BA 0) 5
i 8.
8s and ad for: pe ar cur- sob
expense ‘rent fis e a ned ni y ar th h
bE Boitt
| Yesterday .....c.cevrune..... 33.50 +087 - Week Ago tecsssngsenessnesss 36.74 =1.06 2
3 sine +0.132
"| Gair Robt ceeoe
Ill Central nd Ra
level |-
+ W000 NICH
asl 48
Yesterday Tra +002 Week ago vereesssnnssensnes 117.11 -3.18 | Month ago soseesseseresasss. .130.47 +0.83 Year ago heresesenss 186.97 42.68 High, 1938, 134.35: low, 106.68. High, 1937, 194.40; low, 113.64, 20 RAILR( Yesterday ... cessdsengeaanees 20.46 Week ARO css. 00 $esscsacs 22.62 Month 280 ...cccseccees « 30.02 Year ago . cevrsrasssnsie 62,30 High, 1938, 32.33; low 19.68. High, 1987, 64.46; ow, 28.91. UTILITIES
4-0.12 +1.36 | Radi
¥
Week ago sestsecensesesccsee 17.56 «0.30 Month ago sresssescsanteran. 19.91 ~+0.00 Year ago eessnncsesan naan tes ‘3%:.08 +020 High, 1938, 21.86; low, 16.00. High, 1987, 37.54; low, 19.65, 70 STOCKS
Month ARO cosvosoessesnecce. 42.41 +0.24: Year ag0 ...c..ievineiinoai.. 61.25 +1.04 High, 1938, 44.42; low. 33.22. High, 1937, 69.67; low, 38.87.
Net High Low gas odie
Cub-Am Curtiswe 8 anes 30 3 : Curtiss-Wr 5 oe 44
18 19%
ht
—
Deere rd
8 31 ines ... 10 a Sar Air ... 33% ont i: 11102% in 8 a
132 12
it
toad Bets
Fe
bd - ~- DOIDNICLIDICIA DDI DID d+ bis
JERSIESRRR ant
+ HL
Eureka Vac ... Evans Prod ....
Pair Morse sees Pe dM
. . ® .
.¥ rat, x irs ass
reser. 104 . 12} * 331
¥
rollanshee rae foster Wheel . 1 "reept-Sulphur .
. ° - °
ied oo
LiL
Gabriel A
cose
1+]
Gen Am Tr «c.. Gen Baking ...
Cable Blectrio”: aes s
. . . .
FSR SOU 1 Sg
LLL
tH : H
+H
os
Gitfette 3 RE... imbel Bros ... Brew: ..« 1 ch odricn oi
raham-Paife . Rls. Co it 0 2
ire ey Lbs. kK
ul Mobiles Z =H
Hecker “Flod” oe if ere
Her s Holland Furs: . Holl ang = %
Goeb
a
ase Sess
4 h
crotoreg Mf 0 TIE TT: oe
SEE
10 ia 8 0
5 ggecegaage N-
Babes PS
FE
Hupp Mot Hudson MayMin
y Inland Stl nspiratn te” dl
CEO
an vee # erlake Ir ces b Haryetter
A RCT ae
+111
. . .
alates Fs RSES 111d SEESE as Es
. eo Heel ss . oo .
gasaaananossas
Kan C Sou ... Kelsey Hayes A. Kennecott Kinney Kresge S§ .
=
15% 15%
‘1 aif 3% 20Y2 17 6Ys 512 IVa 33Va 38% 34% 83 H sn 1s 5a i : 140s 14% eee E n © 168% 25%
Leh V Coal . Leh V Coal pf. Leh Val RR .
Va 2% 3a . 20% «Wa jor 5%
Diet
Inc one Star Cem. Long Bell, A .
+++ +1
° .
acy R anati Sug, cts an El mod gia aracaibo =x. arine Mii arshall Fid artin Gl .
SSS SS
3 13%
cCrory cKesson Robb cKesson Rb pf 287% ead .COTp o... 1 ami, Cop ine on. ent. Pe . . 18% 52
.
dland Stl ..
4% 4% 1 1%
Ti 10% Lan
ueller Br . 12Y% ating Mig B.. 4 [unsingwr, .... ur phy ‘Cc
Tex pf .. ° Pacific eins
2 BRE 2 55588 Ey oo >
Nash Kelv Nat Biscuit . ... Nat Cash Re - 7 Nat ? + 18% . 47 . 15%; -
IT 4 Otis 1% Wa 25% Gly 34 i a 16% ar 2 . ay . 37 Penn RR ..... 15 5% Pfeiffer-Brew . 4% Eggs—Market, steady: Feceipts (6,111 Bares aded firsts, cars. 17 fess lig cars. ide: Toss than cars. 1%: 14%¢; checks. 14c; current receipts, . frsts. 18%e: / storage packs Butier —Mar mae filed:
TOS! Ro {Et 27T@27 Cc: Ay (92 firsts, 25 0 fae ds, ar
Pac Paci gr Pacifle a 5] vs
SE os slow: m
FEE siow:” : + Fie
Texte $1.35; 1 horde, Bin
demand rbanks hites,
erate: :
Hanno on
4 MeC res. Yi!
, x
4 FOOD PRICES
DOW-JONES STOCK AVERAGES ;
tots) ;
| Reliable & Rem Rand
Yesterday ........coveieieeee 16.11 “1ese| Reo
1 St Jos
| South Pace .... 1 South R
BE EESES 258 3 5 QQuR SS
| Union Carb .... 65
2
/| Argen
for Bun
TL L
Hee
a ow
Bennett “a # Pitts United ... = Plym or Boor ogn oa
ess Stl Car. . Proms Stl 1 pf.. 8t1 2 pf.
lic Sav
8% FF
1H
go | '. oe. .
nen rhe Paes a
1 ro Boy Sve
Fe 1+_ 11
Radio Bhs
ante oli
FS FO is La
+
nye *
iN
. Le . ‘.
oo
Gallons
Reyn.
o
seen
Safeway .. Lead a 4 .e
St LS In
>
1
. . .
i aS.25 Ube FEE STREET
1THI+I+]
yd
ao me
t+
I a ae
Socony-Vacut 8o Cal um
seve
NORSS as
. .
eb a3
SERRE
es s+
8 a 29a CERRTESsE BE wes se MERE x BEES SX SF
oe SERRE
0 PINAR [1
Ls Ee
eh 00 400.3300
Franlsameries . ot oe Cent: Pos. 9 TwinCYRT .. 2%
7 st Bea 3 BoD % -3
SBE S RENESRRSS
pe
Union B & P .. 8
a
oll Cal .... 18 Tan
9 WHORL TRED
Fl
-. 0)
FR SES ASK NF
=
yadsen Sales .. | nadium_..... 2 vargdiu Ch as
aR
& x
Webs ho f Fg ash p he Wither Bri iii TOS «.. Web- Eisen 9
43 1 CD +2 J CR DD 4 +
= 8
ears 33%
=F 00 00 410 001d Pu ADS 10 on
SRE SESE SRE
[TY ies 1111
=a 0 DJF a - wn . °.
FRSE
olwort . Worthington oe a Ton
13%
1
Des 30
Young Young Stl
GRAIN RISE HALTED BY STEEL DECLINE
Heavy Receipts | i
Yellow PP coves 10% . oe | om
Pressure, Felt in Corn Trade.
CHICAGO, March 29 (U. P).—A
Steel on the New York stock market . had a depressing effect on ‘wheat on the Chicago Board of Trade today and early gains were lost. At the end of the first hour wheat was unchanged to 1% cent higher, corn was % to % cent lower, and oats were unchanged to }s higher. . New crop futures led the decline on news of the break in stocks bit
“| May wheat offered some resistance,
although even in the nearby month most of thé day’s gains disappeared in the liquidating movement. The domestic stock market development overshadowed firmness in Liverpool and eéven took the
peared probable the snow and fros would hit a large part of the wins ter belt, near-freezing tempers? | tures being forecast even for north west Oklahoma and West Texas. Receipts were 16 cars. Corn selling developed for the ace count of cash and shipping interesis and the pressure on wheat spread to the secondary grain. Receipts, 238 cars, were heavy and tis too kept prices down.
WAGON WHEA1
Cit sain Sevata s are paying for No. 2 red, 80c; r giades on thet He rits. Cash corn i No! 3 vellow 45c.-Oa ts. 36¢
FOREIGN EXCHANGE
NEW YO March » , P.).=-Fo exchange iy r ) ~foreian 1.97 , i is
‘Chan; England (pound) .. +. % hee 16 Eng. Soa -d. ill; rate) In 80 353 -16 Cana
iii FS
io 33381 2568 oh 1885 n 34 i 3%
: |
FHbbRER iL
st nd) . Austria (sndiing). . Cape Ss sloy ov skin Finjan land’ {markki) = ST ding: ew Zea. ‘ Poland (210 alg
01
a
+.0ii4 _H0001% 4.0012 Fideld
ud). v ul) Toft] 50) .
Brazil RL peso) Peru (sol) ......... r ay (peso) ... Mexico (silver peso) Hongkong (dollar). Shanghai (yuan) India (rupee) .
vugal
fe
2. Li
9 ered.
4
+-| TORNADO KILLS THREE Ei Sion
iis FERRIDAY, La, March. 20 w. P)—A father and two sons were | killed, nine were known injured and unestimated la damage was wrought today by a freak
Turtle Lake ‘community near ‘here.
BABY SUBSIDY ANNOUNCED | ‘MUNICH, Germany, March 20 “1 (U. P.).—Subsidies for all ‘German
place of weather developments in| the Southwest Winter Belt. It 2
| attitu
| families ‘having more than two chil- 4
In Federal Court.
Attorneys ‘today filed a bret in ‘Federal Court outlining the scope of
Public Service Commission, | In the brief, Ralph E. public counselor, declared that
&
try the case anew means that neither the District Court nor the parties are bound by the forme evidence introduced with r. the situation in 1033, except so far as that evidence goes to establish a hii and confiscation at a later pe The U. S. Supresic Court on appeal of the Indiana attorney general Juled that Judge Baltzell had fajled to take into consideration changing price trends and ordered the case retried in District Court. hl
In 1935, Judge Baltzell, | after hearing before Albert Ward, | spec’al master in chancery, set a valuation figure and ordered new rates on the ‘basis of 6 per cent earnings. Litigation in the seven-year-old | case was postponed March 9 by D trict Judge Robert C. Baltzell pending fulfillment of $1,500,000 construction program by the company.
The case was opened in 1932 when
%| the water company appealed to Fed-
{ eral District Court here following a Public Service Commission order setting a new valuation and lower rates. The utility charged Hie rates were confiscatory.
INTEREST DUE ON UTILITY FUND
Escrow Payments by Citizens Gas & Coke Ruled - Open to Assessment.
The Citizens Gas & Coke | Utility's escrow payments to the Indiana National Bank are public funds upon which the bank“ should pay the State an inferest assessment of onehalf of 1 per cent, Atty. Gen. Omer Stokes Jackson ruled today. ‘These payments now total approximately $700,000, it is estimated. Bank officials previously ' claimed they were not public funds, accord=
| ing to the legal definition of that | term, and that no assessment should
be paid. The ruling was made atl the request of the Indiana Board for De-
positories. ‘. When fhe dianapolis Civil City tok over the Citizens Gas Co., it at-
tempted to retire the bonds of the
|| Indianapolis Gas Co., which owned || most of the distribution system.
Indianapolis Gas Co. | security holders refused to give up their holdings, and the City refused to honor the contract which the old Citizens (Gas Co. had with the Indianapolis Gas Co. for rental of mains. Pending final settlement of litiga< tion, the City agreed to set aside in escrow the payments that would have been made if the contract had been honored. This money is to revert to the Indianapolis Gas Co. security holders if the courts. decide eventually in their favor. | :
KANSAS CITY VOTERS TREK TO POLLS TODAY
Pendergast Dominance Is Disputed by Coalition,
KANSAS CITY, Mo. March 29 (U. P.). — Voters determine tod whether the Democratic organization dominated by Thomas J. Pendergast and known as the Middlé West's “Little Tammany Hall,” is to be continued in oie another four years. The machine has ti oiled Kansas City for 12 years. y it faced a coalitionist opposition which has waged a vigorous campaign. The Mayoralty, eight Co nic seats and two municipal judg ips were at Sas. : ¢ coalitionists, comprised of Democrats, Republicans ‘and independents, n paign material in the cnrrent gaaiaiss ma. cution of vote frauds the 1936 general election; in which all Pen-
dergast candidates were ected.
Predict Clean Sweep The Democratic org tion was not perturbed. Efficient precinct captains had surveyed the political of each of the 215,629 votérs. on the new permanent list, and their tabulation showed that the machine would make a
| clean Twos. even defeat
anti
“tyrister” which dipped down on the | the Uni
7+Year-0ld Litigation | on: : Rates and Valuation Now | }
evidence admissible in the | | new | | hearing of the ‘Indianapolis Water Co. rate case against the (Tufte ; “the. U. S. Supreme Court mandate tof
aY | House,
sion to be unsatisfactory and ‘not
Ss. | had been sabotage.
d | sentation of a plan for 1938 by April
NOTRE DAME; ‘Ind., March 2. : —Dr. Irvin Abell of . Louisville, American Medical Association president-elect, is to receive the Laetare Medal, the Rev. John F. O'Hara, University of Notre Dame president, announced today. The award has been made by the university annually since 1883 to outstanding :Catholic laymen in the United States.
WASHINGTON HIGH HONOR ROLL HAS 93
Honors . for First Period of “Second Semester Are Announced.
pr
High , School honor pupils today were named on the high ‘honor roll for the first period of this semester. They are: Cecil Whaley, Betty Jane Smith, Robert Brockman, Mabel Mohr, Mary Lascu, Warren Angrick, Dorothy McCalment, Suzanne Van Talge, Grace Buchanan, Dorothy Asher, Lyndell, Dickerson, Robert Drees, Jean Inman, Eileen Newby, .Doris Smitha, Herbeit Reese William Beasley, Betty Dunn, Doris Ernst, Marshall Hudson, Louis. Kunstek, Betty Litchfield, George Mellinger, Mary Louise Mines, Doris Scoggan, Lois Shelby, Louise Cunningham, Joan Kellgm, Herschell Brittenback, Wrex Wratten, Kenneth Goslin, Robert Jones, Raymond McClure, Carl McCombs, Dorothy ‘Mueller, Clara Naumsek, Shirley Newton. Joan Smith, Charlotte Burkert, Barbara Yount, Don Cauble, Martha Davidson, Trois Jean Dial, Ruth Downey, Irene Goodlet, Norma Jackson, Anne McWethy, Warren Rairden, Harold Taylor, Gladys ‘Ward, Laverne Warner, Phyllis Webb, Janis Lee Hawhee, Dorothy League, Daisy Silverman, Dorrell Roach, Martha Davidson, Betty Fiedler, Thelma Bloomenstock. Virginia Burres, William Krogh, Eleanor Lornston, Lois MecCreery, Maude Mingus, Regina Nichols, Charlotte Padgett, James eofanis, Jack Trager, Albert Walker, Lewis Walker, Louis Stanich, Mary Alice Waltz, Virginia Wright, Joe Alexander, Marjorie Burton, Leona Colbert. ; Jean Edwards, Edgebert French, June Gray, Martha Harris, Clarence McIntire, Mary Mouron, Marie Pierce, Millicent Plowman, Norma Poffenberger, Betty Schuck, Jean | Spear, Helen Stansberry, Joanne
Wade, Helen Austin, Joe Kassler,
Russell, John White, Mary Helen Burke and Oliver Zieher.
KIN WILL ACCOMPANY HOUSE BODY TO TEXAS
(Editorial, Page 12) :
NEW YORK, March" 29 (U. P). —The body of Col. Edward M. America’s international statesman and confidential adviser to President Wilson during the World War, leaves by train at L 05
p. m. today en route to Houston, Tex., for burial.
Mrs. House and a son-in-law and daughter, Mr. and Mrs. Gordon Auchincloss, will leave with the body aboard a Pennsylvania train. In accordance with Col. House's wishes, there will be only a burial service at the family plot in Houston.
SOVIET ORDERS PURGE | IN POLAR SEA BUREAU
MOSCOW, March 29 (U. py The Government ordered a purge today of “doubtful elements” in the Northern Sea Route Administration, headed by Prof. Otto Schmidt, Russia’s greatest polar exploration expert. : The People’s Commissars Council, declaring the work of the commis-
accidental,” intimated. that there
“The Council called for a detailed report on the work of 1937 and pre-
15, buy which time the “doubtful elements” must be cleared out.
A SAFE DEPOSIT
: LOW COST BOX “insurance
a 9 Different Sizes $3 to $100 A YEAR
Security Trust Co. 130 E. Washington
vestme
Ninety-nine of 249 Washington
Tennery, Marietta Tucker, Virginia | Ruby Kearns, Lorraine Walls, Helen |
nera
Ea
beloved h and Th pass d awa. may; call 4 AN
Edi
ba! Raymond oh Mrs, Robe
Jen s Sunde
H RRMANN EVERTS—]
Frederic y Jane
K
N. E. Hon.
Wednesday.
FRANCE —
BUCHANA
- Bn™
HEBEL Alice, Mame and A Waters, later.
New
fe o
ter of passed Tal
day, 11
Thursday, 2
MES. Pa
Cart vited. call at the time after HERRMANN
and
527
Sot St, Crown Hill,
Loy,
Colo.; Ruth
9
Crown Hill.
RIC ay.
oP. address any
i Roth of H
CH-6020
SHEELY—A mother bP
is,
: Cemetery. WRIGHT—Lula
. Buria
ORK—
residence; 1
eran Church. CONN! LLY—George E
husband of El
a p NERAL HOME,
Bobby, Wiltiom. ard, sister of Robert Ballinger. departed this lite Sunday. age 46 3 eo
ar March Se Nancy Eqizaheh, 76 years old,
£— William | FP. beloved 1 Gert rude “Merianos rs Mes.
ois - St. “ Thussday.
~ Norm Ue
at Dayton. vy Mm. -
Funeral services Juierment Crown
ent Mia
invi term : Thur day, March. 31,
Caroline, belov Doll, gran loved foster zm » oy March
GADD SER
Nees,
m. Wednesda. Ja the. HAP 3
EL, She! elby
services 9 a. _" “Thursday.
rment New Crow
tl
20th and of To . Bang of 1 la. 1a oni of John Sungay FL
f Edith t Shutt, Wo che and Naomi, son of s fs: Ber” of
wi.
p = ners esday,
Wedne To. geld "at %: 3» att the Fift : Burial Someg field. Luts ..
Ww. St.,
Lay. A riends rien NNER & BUCHAN
esday. urial oly Gross.
Son papers -Dieass copy. 1
navi ON—Trace Ao husband ba | Margare
f 1326 Tuxedo 8t. B., father of odrow, Fred-
brother of
is; 3 Portland
foe nd of Anna Edigicln,
add
ma
Wednesday i until’ Pest
2 SER
Mandan Sad Alice Eckocomn, a Pri passed awa,
66, heloved huse father of Mrs, ames Morrison Alf and
>
Ronsld Lee, mired son of Fred PF. and Bessie Everts. brother Lovell Ki Bf James
deparied Shia 0 Kink esday, March 30, AUN E:
at ‘MO RAL HOME,
I ae. %3%a E 215% She
ends ma lam
Burial ent Cemetery,
Friends invited.
father ot ada! day mor AN a ORTURRY"
1227 College, died Bra Hevel 41 For esday. KIRBY, ¥
HEMPSTEAD Harry Newton, eanor Brush He and father of Gordon Brush and John Brush Hempstead, 2 Jue residence, York
husband of Sadie, passed aRay On=
ARY, Wednesd nvited, Burial we
Pricads may call at the mortuary,
day a. m., fn MANN
aol, , of rs, Clara Funeral notice
beloved ,t¥ raved wp
passed away March 26 Mayfair House, Park ty. Services at ile
BUCHANAN MORTUAR
. Mc Tuesc at the rosh e1ice,
612 ‘Fr
P. m.
please copy.)
KOTTKAMP—Fred W. age husband of Christina Kottkamp, father ul Gaus, 8. ‘Léo Jap Ronny, Carl, Alfred and Emil
passed
ng. er Thur; Pak s Evingsiical
PLA & Wednesday, 1 p. m. Burial Crown i.
REN DRICRS Pridence an yu il P. Harriman, Ralph T. and Willi Rolland SichaHcks of Indisna olis, om
McCoy, beloved mother of Mrs,’
Coy, Greens , Ind.,
s invited. Burial
iend. South Park meters, Greensburg, In
d., (Greensburg papers,
a 89, beloved n Meyer, ay g Monday eve-
TR a ror FGhuten, Mc-
ew Jersey Sts.
home, P. Seki
LEWIS Jane E. » Passed away at her home,
Fusérai 7 Thursday. March WILSON NER.
HOME, Friends invited. Burial
Burial .Concordia.
1353 U! Be Tuesday,
Monday, March:
i. 2 p. m.
28. J. 1230
LOY—Minnie, age 84, widow of David M, Srandmot er o. Schwertmat away Monday Svening.
1505 8.
Loy, Denver “punera)’ ednes HERRMANN FUEast St. Burial
Friends invited. .
rvices
Irom, residence. 2801 Tow ed by a a service at Freetown, In urial at Freetown. Vited: Friends may call at the above
time.
ROWE—Ida Williams,
aaa this life Mondays
MOORE & KIRK NORTH E FU AL 2 OME, College. and Fairfield Aves. 10 . Burial Crown Hill Cemetery, Friends invited. STRITT—John, brother of Elizabeth and tt and Mrs.
and Mrs. A hoals, Ind., died Monday, call at the ‘home. 2308 N. Bis er 8 oi ple sda)
Friends invited.
' James,
NEVINS—Olive, of 2053 Ralston Ave., bee oved wife of Margaret Monigomery. Mrs. Hazel Handloyd Nevins, grandmother of mes,
mother of T'S.
Danny and Rich-
uneral
KETTS—Fred E., age 53. beloved huse band of Delilah J. Ricketts, passed away
Thursday.
9 W. Morris st. fof;
Friends in‘SHIRLEY SERVICE,
entered into Jest
tice later. For further niormation call HARRY W. MOORE FUNERAL PARLOR.
434 E. 49th, beloved Foxworthy, ted Funeral SID
Agnes Stoskoff, ine Hawkins
. Pete Cross
age 69, wife of O.
Wright. 707 E. 49th St.
Mo
es of Mrs. C
| Glendale Cemetery,
assed ayay i arch 28
nds Y Hhura:
Ludlow and Guy ay afte afternoon ab 7 est mi ay.
ns ab the Hall Sind. )
e at
Christian Couteh, Friends invited, Bur. pg, Fleasant Cemetery. RLEY
FA
Funeral Di rectors
5
2226 Shelb;
3129 N. Illinois
WALTER 1. BLASENGYM "FUNERAL HOME
DR-2570. HA-4514 :
1934 W. MICH.
ST.
CONKLE FUNERAL HOME
BE-1
Flanner & Bichanan MORTUARY
25 W. Fall Creek Blvd.
TA-4400
BERT S. GADD
2430 Prospect, St.
DR-5307
GRINSTEINERS 522 E. . Market Se PERSONAL
RI-5374 SERVICE
6G. H. HERRMANN
1505 S. EAST ST.
DR-4471 |
(R-1180
~ HISEY & TITUS THE FUNERAL HOME 951 N. DELAWARE ST. _ AIR CONDITIONED
MOORE & KIRK
TA-8056-8
Hien BROS, 0 946 N. Dinols St.
J. C. WILSON
i DR-0321 1230 Prospect St. : Florists & Monumints |
oven
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SL CCRC a edi atid
un
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