Indianapolis Times, Indianapolis, Marion County, 8 June 1938 — Page 15

IRREGULAR AFTER EARLY STEADINESS

Construction and Dil Shares Local Porkers

Weaken; Aviation Issues Firm.

NEW YORK, June 8 (U. P.)~— Stocks reacted after a steady opening and turned irregular in early afternoon dealings today. Industrial shares displayed moderate strength at the outset, but light selling of rails and utilities spread to this group later and prices moved back to around previous closings. Steels held about steady, but building construction stocks and oils weakened. Farm implement shares were a firm feature, Caterpillar Tractor holding a late gain of more than a point. Aviation securities were steady to firm under

lead of Douglas Aircraft. * ” LJ

Today's Business At a Glance

GENERAL BUSINESS

American Petroleum Institute reports week ended June 4 crude oil output averaged 3,107,950 barrels daily, up 9300 from previous week; gasoline stocks 87,767,000 barrels, off 197,000. Edison Electric Institute reports week ended June 4 electric output 1,878,851,000 kwh, lowest for any week since week ended Jan. 4, 1936, vs. 1,973,278,000 previous week and 2,131,082,000 year ago.

CORPORATION NEWS

Engineers Public Service Co. week ended June 4 electric output 46914000 kwh, off 39 per cent from year ago. Montgomery Ward & Co. May sales $36,149,958, vs. $39,140,008 year ago, Off 7.6 per cent; four months ended May 31 sales $125,773,869, vs. $136,327,259 year ago, off 7.7 per | cent. J. C. Penney Co. May sales $18,-

Hold $9 Top; Vealers Firm

All weights of hogs held steady B

on the local market today despite some bulge in supplies weaker slant at nearby centers, ac-

i cording to the Burea f 1g u of Agricu Evans

tural Economics. Top held at $9 for good and choice 160 to 180pound averages. Packing sows like-

wise held unchanged, good sows |

bulking from $7.65 to $8.35, with a limited top of $8.50 on a few lightweight butcher types.

853,048, vs. $22,821,562 year ago, off

The Indianapolis market continued active on all classes of cattle despite dull reports from competing markets and some weakness in dressed beef. Steers and yearlings ruled steady to strong and other classes around steady.

Vealers Unchanged

Approximately 20. loads of steers and 10 loads of heifers bulked at $8.50 to $10 and $8 to $9.25, respectively. Best 1052-pound yearlings and also strictly good mediumweight steers made the $10 money, ‘while a car of choice 709-pound heifers realized $9.50.

Vealers went unchanged to sell in line with yesterday’s advance, $9 and $9.50 for good and choice. Approximately 300 head of lambs comprised practically all new crop offerings. Bulk sold on local killer account at generally steady prices. A Tew strictly choice springers topped at $11, but most of the better grades were merely good kinds from $10 to $10.50, with common lightweights down to $8 mostly. Other classes were too few to warrant mention,

17.4 per cent; first five months’sales | 26.

$84,973,174, vs. $93,056,570 year ago, off 8.7 per cent. Zenith Radio Corp. and whollyowned subsidiaries fiscal year ended April 30 net income $701,476, equal to $1.42 a share, vs. $1,904,074, or $3.86 year ago. DIVIDENDS

American Cyanamid Co. guarterlv 15 cents on Class A and B common, payable July 1, record June 15, like payment April 1. Diamond T Motor Car Co. directors took no action on common due at this time. Company paid 25 cents April 1. Florsheim Shoe Co. 25 cents on class “A” and 121; cents on class “B,” payable July 1 record June

17 vs. like payments April 1. (Copyright, 1935, by United Press)

CHICAGO PRODUCE

1,364 - score), firsts,

Butter—Market, firmer; receipts, 214 gross lbs.: extra firsts (90-91%: 23@233c;: extras (92 score), 24Yc, I 211, @22%3c; seconds, 19@19'2c; specials, 242@325c; standards, 24c, centralized (88 score), 21%5c; centralized (89 score), 22'sc. Eggs—Market, steady; receipts, 20.606 cases, fresh graded firsts, cars, 19%c; than cars, 183%c: extra firsts, cars, less than cars, 19%sc; checks, 16c; k receipts, 18c; dirties, 16'2c; storage Packed firsts, 20c; storage packed extras, 20%c. Poultrv—Market, steady: receipts, 42 trucks: ducks, 1212@1l4c; geese, 11c; hens, 18@19%%¢c; Leghorn hens, 16c: spring chickens, 21@23c; roosters, 13@1l4c; broil5s. 17@20c; fryers, 19@20c; turkeys, 15@

g, Cheese—Twins, 13@13%c; Daisies, 1334@ 14c; Longhorns, 133;@14c. Potatoes—New stock: Supplies, moddemand, rather slow; market, Louisiana Bliss Triumphs, $1.85@ Commercials, [email protected]; Triumphs, $1.90@2; [email protected]; Texas North Carolina Calitornia White

erate; steady; 1.87; . . Arkansas Bliss bamsa Bliss Triumphs, Bliss Triumphs, $1.85; Cobblers, $1.85@1. Rose, [email protected]; U. S. Commercials, $2.10 @2.20. Old stock: Supplies, moderate; demand, light: market, steady; set Burbanks, [email protected]; Russet Burbanks, $1.60; Nort. Triumphs and Cobblers, [email protected] nesota Round Whites, $1.45. Te rvals, 84; on track, 292; shipments,

FOREIGN EXCHANGE

NEW YORK, June 8 exchange firm. Ca

Rates England (pound) .$4.951. Eng. (60-d. bill rate) 4.94% Canada (dollar) ... .983% France (franc) .... Italy fire) ........ Belgium (belga) ... Germany (mark) .. Ger. (travel mark) Bwitzerland (franc) Holland (guilder) Sweden (krona) ... Norway (krone) . Denmark (krone) Australia (pound) . 3.9 Czechoslovakia (koruna) Finland (markka) . Greece (drachma).. Jugoslavia (dinar) . New Zea. (pound).. Poland (zloty) —. Portugal (escudo) . Rumania (leu) - regen. (offl, peso) . rgen. (unoffi. peso) Brazil (milreis) Chile (peso) Peru (sol) Uruguay (peso) Mexico (peso) Hongkong (dollar) . Shanghai (yuan) India (rupee) 367 2890 red.

; Min-

(U. P.).~Foreign ble Net

4.0003 — 0005 [0004

Japan (ven) : +0003

(n)Nominal: (o)Offe

BANK STOCKS

Bank of America Bank of Manhattan

Broklyn Trust Central Hanover Chase . Chemical Commercial Continental Corn Exchange Empire .. First National . Guaranty rving Manufacturers

U. S. STATEMENT

WASHINGTON, June 8 (U, P.) —Government expenses and receipts for the cur. rent fiscal year through June 6, compared with a year ag is Year Last Year Expenses .$7,072,933,792.20 $6,039,154, 738.13 Receipts 5,538,401,423.57 4,523,303,960.19 Gross . 1,534,532,368.63 50 Net Def... 1,475,036,016.63 ° Bal... 2,458,188,472.11 1, ._1,875,250,962.58 37.380,433,699.28 . 12,924,624,234.99 341,506,912.21

06 Customs 64 INDIANAPOLIS CLEARING HOUSE

Clearings $2,672,000 , Debits 6,219,000

| @®ring lambs to outsiders

| lambs | choice $11: | [email protected];

150 10651 5534 5996 12807 4797 6363 BL cwrvswvien uty weirs 7819 Barrows and Gilts— (140-160) Good and (160-180) Good (180-200) Good (200-220) Good (220-250) Good (250-290) Gooa (290-350) Good Packing Sows-—

(350-425) ‘ (425-450) Good (375-550) Medium Slaughter Pigs— (100-140) Good and choice. . Medium

CATTLE

—Receipts, 1324— Steers

and and and and

choice. .

choice .. 0 5

(750-900) (900-1100) (1100-1300) . 110. (1300-1500) [email protected] 7 B8.50@ 9.50 ( 8.75 (1100-1300) (1300-1500) (750-1100) (1100-1300) (750-1100) Steers and (550-750)

Common (plain) Heifers — Good

(750-900) (550-900) (650-900)

Gooa

All Weights— Good iio Medium . Common ... iy (All weights) Medium .. Cutter and common

Yearlings Excluded (all welghts)— Good (beef) .. 4 vs

(All weights) Medium 6.25@ Cutter and common 5.50@

(All weights) Choice (All weights) Medium (All weights) Good .... 7.5 Cull and medium 5.00@ —Receipts, 646 (250-400) Chotce Good

Steers— (500-800)

g3u33

(500-1050)

Helfers— (550-750)

«1

Good and choice. . Common, medium SHEEP AND LAMBS —Receipts, 394—

aaa an on

999

Good and chotre Common and medium

£9

CHICAGO. June 8 (U. P.).—Hogs: R ceipts, 17,000; directs 5500. Active. uneven, mostly steady; top, $9: g choice 160-250 1lbs., $8.80@ 8.95; Ibs. $8.70@@8.85: 300-350 1bs., [email protected]: packing sows, $7.75@8; lightweights, $7.10

@8.25. Cattle—Receipts, 8000: 1500 calves. Fed ady; liberal part

steers and yearlings ste of steer and yearling crop choice and rime o erings: top, $10.75; prime steers eld above, $10.85; numerous loads $10 up; no strictly choice vearlings sold early: light steers and yearlings in broad de. mand; best heifers early $9.50: part Joad, $3.65: beef cows mostly [email protected]; common beef cows down to $5.75: most cutter grades [email protected]:; strong weight sau e buns firm up to $7; vealers steady at $9.50

Sheep—Receipts. 9000: 5500 directs. Pat Spring lambs and old grop clipped ner Ings uneven; steady to 25¢ lower; native mostly $10.75: good and choice clipped to outsiders mostly $10.75: few Bong a Chose elipped lambs, sheep stron 0 25 ' native slaughter ewes $333.50. ® wigan;

few choice $11:

WAYNE, June 8 (1.

FT. P.).—Hogs— Market steady; on. Oh 200 lbs. aay 8.90.

Ibs. 4

- $8.30, | $7.25; stags ; calves, $9; lambs,

sughs, clipped lambs, $5.50. OW

Curb Stocks

By United Press June 8 (U, dy

P,).—Curb ady. t

NEW YORK. stocks opened ste

FOOD PRICES

CHICAGO, June 8 (U. P.).—Apples— Michigan McIntosh, [email protected]. Sweet Pobu. hampers, 85c@51, bu., $I. inach—IlliTomatoes—Texas, lugs, Caulifiower—California, crates, Peas—Oalifornia, hampers, Celery—Florida, crates, ns—(50-1b. sacks

See Final Edition of the Times for

Closing Stock Quotations

and ‘a [Elec Boat

i ¥ a > id gga Al ow A Se * v Nos x

PAGE 15 |

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Allis-Chal coe HOY, 40Y, Ama Pbwr 87 bt 18% 18% Am Pwr & Lt Soa 5% er 28% ve Jr 30 At] Refining .. 21% 21% Atlas Corp LE 6% . 534 10% 44 2 3%

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NEW YORK STOCKS

By United Press

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS ——d +2.87 40.59 —0.86 High, 1938, 134.35; low, 98.95, High, 1937, 194.40; low, 113.64,

«0.03 +0.29 +4-0.29 i), 10

Yesterday

‘Month Aro .. Year Apo High, 1938, 32.33; low, 19.00, High, 1937, 64.46; low, 28.91, 15 UTILITIES

Month Ago Year Ago High, 1938, 21.86; low, 15.14, High, 1937, 37.54; low, 19.65. 65 STOCKS Yesterday

High, 1938, 44.43: low, 31.10, High, 1937, 69.67: low, 38.87,

Ne Net Last Change Ys Ya Va Ya Ys

High

Nash-Kely 7 National Biscuit 22% av 497%

1 217 9 73%

7 — 223, 497, 11 Va 27 No 9 73%

No Pacific .

Gen Out Adv . “'% Gillette S R ... J Gitdden _....... ) 3, A Wa Graham-Paige. / 1 “eve Homestake .... 61% 61% Vy Hud Bay M & 8 24» 242 Ve | a. | 5% 5% Sn | . 0 4 by | . 2% 2% ba | . 43% 43 y i Kan C Sou pf. 16 6 16 Keystone Stl . 8% 8% 8a Ya | w— | . 16% 161; 161% - 3% | . 25 25 325 Va | 15 15 1% via . 157% 15% 15% 8g | —M— { 21% 21% Va | 22; Ys | 9% Bl ene | 4%, a aves 147, Ye

5 31 5

Ill Central Insshs cts Md Int Agri

ric ' 2% Int M Marine.

Martin Gl Mathieson

engel Missipn Corp .. Monsanto Mont Ward .... Murray

WHEAT PRICES EASE AFTER FIRM START

Corn Holds Narrow Range On Light Selling.

CHICAGO, June 8 (U. Py |

Wheat prices eased after a steady | opening on the Chicago Board of | Trade today. At the end of the first hour of | trading ‘wheat was off % to | Corn was 1 higher to % lower, and | | oats were 14 to % lower. | General interest in wheat was light with many traders inclined to ; await the Government crop estimate to be issued Friday. The pend- | ing Government loan policy also attracted attention. | Liverpool closed strong, but other | | North American markets eased soon | | after the start.

Crop Reports Vary Crop reports were of a conflicting | nature including some reports of | very disappointing yields in Kansas | and ofher advices of improved pros- |

pects in Nebraska. The Govern- | ment Weekly Crop Report indicated | fair to good condition of wheat in | Kansas although some damage was said to be showing from late spring | frosts, rust and wet weather. [ Export demand for wheat was re- | ported to be only fair. Receipts of | wheat in Chicago today were estimated at 2 cars. |

Ta.

Corn prices held in a very narrow range with the reaction in wheat bringing in light selling. Receipts of corn in Chicago were estimated at 138 cars, and the ex- | port demand remained disappoint- | ingly small. |

WAGON WHEAT

elevators are paying for No. |

City In 2 red. 63c: other grades on their merits. Sas corn, new No 2 vellow, 49¢c. Oats.

ARGENTINE GRAIN

BUENOS AIRES, June 8 (U. P.).—Grain futures opened irregularly higher today. heat—June, 80'2c, off Vac; July, 80%c, unchanged. | Corn—June, 637c, up Ys;; July, 60%s, | unchanged. Oats—June, 28'ac, unchanged. Flax—June, $1.15%, up Vac; July, $1.15%, up Ye.

LIVERPOOL WHEAT (U. 8. Equivalents Based on Sterling at $4.94%)

Prev. High Low Close Close Ya $ 89% $ 90 87% % .82% 83%: .BlSs B3 81

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 1...

Ind Railway Inc 5s 97 Interstate Tel & Indpls Water Co 3's 66 Kokomo Water Works 5s 38... Kuhner Pack Co 45 40 . Morris 5 & 10c Stores 5s 50... Muncie Water Works 5s 65... Noblesville HL&P 51s 47. .. Ohio Tel Service 6s 47....... 98 Pub Tel 4's 65.. n

4 Water Works 6s 56 T H Water Works 65 49 ..... Trac Term Oo $s 57.......... 4

STOCKS

60 11%

(By M. P. Crist & Co.) Market St. Investment Corp.. 20.38 321.80 —————————————————————————

LOCAL PRODUCE

Chickens—Heavy breed hens, 15c; leghorn hens, 12c; oRyy breed broilers, 1: Ibs. and over, 17c; leghorn broilers, 1% Ibs. and over, 15c; bareback hroilers, 12c; eas, 90. wh s—No. strictly fresh count run, 15%e; (each full case must weigh 55 Ibs, Bross; a net deduction of 15 cents for each uli ng ag 5 gos. wil be mage: r—No. c; No. 2¢'%c; butterfat, No. 1, 22; n 3, (Prices quoted by Wadley Co.) —————————————————————

» .

CANADIAN BUSINESS UP

NEW YORK, June 8 (U. P).— First quarter business in Canada began to reflect conditions in the United ‘States, hut “the month of April apparently showed a real improvement over March,” the Quarterly Canadian Review, published by

_and Other Late News

(Po

0s 3, 1

Oliver Farm Eq 2 a

Omnibus .. .... 1 Owens Ill Glass 49

N.Y. Bonds

By United Press ‘BOND PRICE INDEXES 20 20 20 Inds. Rails Utils. 79.5 5.2 3.7 ves 193 52.3 93.8 .. R06 56.5 93.7 946 1014 9.7 105.5 70.0 5.5 419.8 87.3 101.2 106.0 69.3 2.3 100.4 1062 84.7 1035

20Va 107 49

20Y, 11

49 1

60 Bonds Hae "sa 78.9 95.8 95.8 82.5

Yesterday ..... Week ago .. Month ago .. Year ago Two years ago 90.1 1938 High 1938 Low 1937 High 1937 Low

100.7 81.1 100.2

90.0 93.3

(Copyright, 1938. Standard Statistics Co.) |

NEW YORK, June 8 opened irregular,

Amer Tel & Tel 3%s "66 N Cent _4'as S

(U. P.) Bonds Op Ch en ange vo 102 vey 5 a Vs aE Ya —13s

. 4 Par Pict 34s — Phila El 3's .... t L 8 ' Sou Pac 3%s vw Sou Rail 4s ... West Union 5s

West Young S & T 4s

Cigarets Gain

CIGARETTES SMOKED (BUREAU OF INTERNAL REVENUE) "

ly “+ Vs )

APRIL EACH YEAR

Pe o

BILLION CIGARETTES w

[+032 133 1934 1935 938 1937 W38

THE PARKER CORP. GENERAL DISTRIBUTORS INCORPORATED INVESTORS

Times Special BOSTON, June 8.-—One amateur economist has brought out the theory that we can measure the degree of prosperity or depression in the country by the number of higher grade cigars smoked. This may have some truth in it, for there has been a drop in the sales of the better grade cigars from a year ago. Coincident with this decline, however, is an increase in the amount of cigarets smoked, which in April was the largest for any April in the history of the industry.

REQUESTS SUPPORT OF PEACE PROGRA

Ludlow Urges Congressmen To Sign Petition.

| Times Special

WASHINGTON, June 8. — Rep. Louis Ludlow (D. Ind.) today sent a personal letter to all fellow Con-

gressmen urging them to sign the discharge petition of his “Peace by Conference” resolution which he has filed with the Speaker of the House. Although admitting that adjournment time is too close to permit action, even if the 218 signatures required are obtained, Mr. Ludlow

pointed out that a majority signing |

would put Congress behind Secretary Huil’s proposal for world action for disarmament. Addressing the House, Mr. Ludlow cited the Secretary of State's speech to the Tennessee Bar Association in which he disclosed that the United States is moving toward an arms limitation conference. His resolution, introduced March 30, would put Congress on record as favoring a naval holiday until Jan. 1, 1940 and the calling of an arms limitation conference of all world powers to be held here in October.

SHIP TRANSFER FINAL

WASHINGTON, June 8 (U. P.) .—

The U. 8. Maritime Commission has |

approved the application of the Baltimore Mail line to transfer its five ships from the trans-Atlantic trade to the intercoastal service, it was learned today.

NEWSPAPER SERVICE SOLD NEW YORK, June 8 (U., P.).— John H. Perry, president of the American Press Association, has puichased control of the Western Newspaper Union, it was announced today. The American Press Association represents more than 5000

weekly newspapers for nationad al-| vertisi

ng.

————— 20,000 FLEE VOLCANO MANILA, June 8 (U. P.).—Hun-

dreds of residents of Legaspi and its suburbs at the foot of the Mount | Mayon volcano took refuge in the|

hills today as volcanic eruptions grew more menacing, Streams of lava spread over the countryside. More than 20,000 already have been forced to leave their homes,

WASTE PAPER

AMERICAN PAPER STOCK COMPANY RI-6341

| Radi Reo Mot

wo.

—

Net High Last Change q 7 2

Paramt Piet . : vive 50Vy w= 8 14% 1% 9 19%, 3 18Y; Bl,

47 23%

LIA 1

3% . 1842

Plymouth Oil LE

Press Stl Car . Proctor & G... 4 Pullman

Reyn Tob B ..

Schulte R ..... % Sears Roebuck. 55 Shell Un Oil ... 12 Socony-Vacuum 12% South Ra on perry-Corp . a Std Brands nya Std Brands pf 100 100 Std C Tob ..... 1% 1%

Texas Corp ou Tide W A Oil

Tri-Cont “ 20th Cent-Fox .

Un Pac pf Un Aireft Op .. 2 Un Biseuit .... United Corp .. United Cp pf .. Un oal ... Eng & Fdy. US Ind Ale ... 1 U 8 Steel 4

I++++11 SEEEEE

Walworth

Warren Br uj

ALL-HODSIER HOME IS SHOW BOARD'S PLAN

Exhibit Association Elects Officers, Outlines 1939 Program.

Plans to establish an all-Hoosier home as part of the 1939 annual Home Show were being considered today by board members of the Indianapolis Home Show, Inc. The suggestion was made at the

annual board meeting last night at the Indianapolis Athletic Club when Carl C. Weiland, president of the Central Supply Co, was elected president. Mr. Weiland succeeds Charles E. Wagner, secretary-treasurer of the | Burnet-Binford Lumber Co., yesterday elected treasurer, W. Paul Jones, Chamber of Commerce representative, was chosen secretary of the home show. Four vice presidents named at the boara meeting are Merritt Harrison, architect; Mrs. Eugene D. Foley, Garden Clubs of Indianapolis repre-

vai da Wayne Pump we Wes Oil & 8 .. 30% West Auto Sup 13 Westing Bl .... 75 Wheel Steel White Mot .... Co a

+ : 2 4 1Va oy 4+ %

Wilson & Woolworth

‘What Price Glory? Widow Of Hero Asks

| NEW YORK, Junc 8 (U. P)=—

sentative; M. B. Esterline, Eagle | Creek Nursery Co. general manager, (and Fred L. Palmer, former presi-

"ON THE RADI

TONIGHT

6:00Cavaloade, WFBM. 6:30=Tommy Dorsey, WIRE, TOD Ruste meta, Grace Moore,

FBM. 7:00-Fred Allen, WIRE, 7:30==Boston “Pop” Orch, NBO, 8:00=<Alfred Wallenstein, WGN, Music and musicians make tonight's radio news, with Werner Janssen, former Indianapolis resident, heading the list. He will conduet a concert suite from his music for the picture, “Blockade,” at 9:30

deals with the present conflict In Spain, and its subject matter has caused a lot of international come plaints, Nevertheless, tonight's broadeast will be heard in North and South America and in Europe. Henry Fonda and Madeleine Care roll, costarred in the picture, will be the program's narrators, and Jean Sablon, Parisian crooner, will (sing. The program won't be care ried locally, but you should be able to pick it up. Ninety NBC stations are scheduled to earry it.

” ” It will be Bridegroom Andre

p. m, on NBC-Red, At present Mr. Janssen is dividing his time between his new job of

conducting the Baltimore Symphony |

Orchestra and his less recent occupation of writing movie music scores. He won the Academy Award in 1936, you'll remember, for his music for “The General Died at Dawn.” “Blockade,” as you may have read, ” » "”

Kostelanetz who raises his baton for | the weekly Grace Moore broadoast tonight (7 p. m., CBS-WFBM)., ‘Having been credited with doing much toward curing Lily Pons of

| singing off pitch, he linked his roe [mantic as well as musical interests | with the Metropolitan Opera diva last week after a lengthy courtship, . n »

THIS EVENING

(The Indianapolis nouncements caused by IN (CRS

Net.) (NBC-MBS

Times ts not responsible tor Inncouracies In Program ne station changes after press time.)

INDIAN 1) Ri ERs

ORNOINNAT (NBC-MBS)

)

4m 15 News Flashes

‘ton Bows antist Church ea, Tunes Unannounced

-— >3T

Middieman’s Or,

8 Net) iddleman’s Or, Bn Anson uhv's Musle Indie

* . Orohan Annfe

Easy Aces

Wheeler Mission arter Unele Ezra

Boake © Fopeve News

ews Orphan Anne

Caynleads Man's Family

|dent of the Indianapolis Builders’ Association. [| The plan to centralize the 1939

home show around an all-Indiana |

home was made by J. Frank Cant-

Indiana home,” he said. the architects, historical societies and others can visualize the kind of home that is typical of Indiana.” He said the home would be constructed of materials made in Indiana and that shrubbery and landsraping would contain plaints native to the state. Mr. Cantwell said he believed the

| The Government sent two letters to

* Mrs. Sadie Leslie Monssen—one to

| tell her that a destroyer was being

named for her hero husband and | the other informing her that her | home was to be foreclosed by the | Home Owners’ Loan Corporation. Mrs. Monssen is the widow of Lieut. Mons Monssen, who was awarded the Congressional medal of | honor when he saved the ‘battleship | Missouri in 1904 by locking himself in the powder magazine and beating lout a fire with his bare hands. “I guess heroes are soon forgot- | ten,” Mrs. Monssen said. “They are maming a warship costing several "million dollars after my husband | with one hand and with the other | they are taking the home away from his widow and daughter.” When Lieut. Monssen died in 1930 his pension ceased. Mrs. Monssen now receives $30 a | month and her daughter earns $24 (a week working for WPA. The HOLC has fixed payments of $60 a ‘month on the $7800 brick bungalow the Monssens bought in 1919,

MANION HITS HOOVER ON RELIEF POLICY

——— ————

Scott County Democrats End Factional Fight.

1 Times Special EAST CHICAGO, June 8.-—Ad-dressing a harmony banquet of 1000 Lake County Democratic leaders, Clarence Manion, Indiana National Emergency Council director, declared | last night that the Federal Govern- | ment under former President Hoover | failed to protect the rights of man. | The banquet, attended by nearly | all successful candidates in the re- | cent Lake County primary, was ten- | dered by Dr. J. 8. Niblack in honor lof Frank Migas who defeated him for the Democratic mayoralty nomination. “Under Hoover, the Federal Government took no official cognizance of individual misery and poverty. Today the Roosevelt Administration | remembers its obligation and feeds with useful employment millions who have lost their jobs,” he said.

SCOTTSBURG, June 8 (U, P.) = William 8. Griffith of Scottsburg today became chairman of the Scott County Democratic Committee after his election at a reorganization meeting yesterday presided over by State Chairman Omer Stokes Jackson. Mrs. Bernice Houghland was named vice chairman. The State Committee ordered the meeting after a hearii'g in Indianapolis on a faction protest charging that the election of Floyd E. James as Scott County chairman following the primary election was irregular,

THOMAS CHARGES ‘LAXITY’ BY POLICE

NEWARK N. J, June 8 (U, P)— Norman Thomas appears before the City Commissioners today to demand an investigation into the riot at Military Park here last Saturday night when he was prevented from making a speech and pelted with eggs., The veteran Socialist leader charged that “police laxity” made it possible for organized groups, some of them dressed in veterans’ uniforms, to break up the Socialist meeting. Mr. Thomas charged also that the riot was inspired by forces aligned with Mayor Frank Hague of Jersey City.

REAL ESTATE DEPARTMENT *

% Handling every type of transaction, including purchase, sale and leas. ing of residentia) or business properties. Listing your ties with this depart. ment is your assurance of every cooperation

Trust

123 East Market Street | Member Federal Deposit Insurance Corporation

Home Show next April could be | made to surpass all previous exhibits, as a “little world’s fair.”

STEPHENSON WRIT

HEARING SET JULY 1

NOBLESVILLE, June 8 (U, P.) = | will |

| Circuit Judge C. M. Gentry | hear arguments July 1 on

the

| his life sentence in the State Prison for the murder 13 years ago of

| Madge Oberholtzer of Indianapolis, |

| Stephenson, former grand dragon (of the Indiana Ku-Klux Klan, recently filed a petition for a writ of

| error coram nobis which would open |

| his case for rehearing.

| James K. Northam and Prosecutor Lawrence Cole that the dismissal

| motion should be disposed of before | summer adjournment |

| the court's ‘about, the middle of next month,

RADID SINGER MARRIED

HOLLYWOOD, Junie 8 (U. P.) |

Home

well, managing director of the show, | “I haven't found anyone yet who | can tell me what constitutes an all“I think |

An agreement has been reached | | between Deputy Attorney General |

Gogo deLys, radio singer, and Robert | Redd, radio writer and producer, | were married yesterday at the First |

Methodist Episcopal Church of Hollywood. Miss delys, whose real name is Gabrielle Boulanger, came to Hollywood Canada.

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KEY NETWORK STATIONS (Subject to change):

NBO-BLUE--WJZ, 760; WOWO, 11

60; WENR-WLS, 870; KWK, 1350.

NBC-RED—WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670.

from Edmonton, CBS—WABC, 860; WIR, 750; WHAS, 820; KMOX, 1000; WBEM, 178, MUTUAL~WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WS

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Ask any of the associafons below to show you he security and growth of savings their association, ou will be courteously received whether your savings are large or small,

SS ———.

Arsenal Bldg. & Loan Assn. Atkins Sav. & Loan Assn, Celtic Federal Sav. & Loan Assn. Colonial Sav, & Loan Assn, First Federal Sav, & Loan Assn, Fletcher Ave. Sav. & Loan Assn

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Savings and loan associations the safety and profit-making addition these associations which, when compounded

multiply investors’ funds, T

first mortgages on improved, is the security behind your

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SECURITY for YOUR

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have more than proved value of their shares. In are paying dividends semi-annually, steadily he proved security of well chosen real estate money, These associa-

tions welcome the small weekly or monthly saver. Accounts of $1 to $100 a month are equally accepta«

ble. This group advertisemen to open a savings account w ownership, independence, a

t is an invitation to yon hich may lead to home business of your own

+ ++ in years to come with the assurance of safety

plus a really good return on

your savings . . . and

remember that your money invested in these associte

tions is reinvested by them IN THIS COMMUNITY.

Keep your money working he

THE MARION COUNTY

_caguc BUILDING « LOAN ASSOCIATIONS

Indiana Sav. & Investment Co, Insurance Sav. & Loan Assn, Peoples Mutual Sav, & Loan Assn, Railroadmen’s Federal Sav. & Loon Asem,

Shelby St. Federal Union Federal Sav.

re at home.

This Advertisement by Following Members of

Sav. & Loon Assn, & Loon Asm,