Indianapolis Times, Indianapolis, Marion County, 21 November 1938 — Page 19

rod and 8-6:

DAIRY PRODUCTS ARE FAVORED BY

BUSINESS GAINS

Larger Consumer Incomes Expected to Absorb ‘Milk Output. Times Special’ EET WASHINGTON, D. C., Nov. 21.— Improvement in business conditions and consumer incomes point toward some improvement in the dairy’ situation, even though production of milk and stocks of} manufactured dairy products continue af record high levels, accord-

ing to the Bureau of Agricultural Economics.

‘Total milk production on Nov. 1 was reported about 6 per cent higher than a year earlier—a new peak for that date. But consumption nas not been keeping pace with the continued record production, the Bureau said. September consumption of fluid milk and cream in Eastern markets, as indicated by market receipts, was considerably lower than a year earlier. For the past several months, consumption of manufactured dairy products, though relatively high compared with preceding years, has been low compared with current 5 | production.

Total production of the principal manufactured dairy products in September—the latest month for which: complete records are available—was 13 per cent higher than in the same month in 1937, and 3 per cent above the preceding peak for the month. As consumption has not kept pace, stocks of manufactured dairy products have been at record high levels during the late summer and fall months. Butter stocks: ‘on Nov. 1 were about 20 per cent.above the: preceding peak for that date in 1933. American cheese stocks exceeded the previous record in 1936 by 12 per cent. Despite large stocks, dairy products. prices continue: rather stable, largely because of Government purchases of butter. The Bureau pointed out that because of the price support provided by heavy Government purchases last summer, the usual marked rise in butter prices from late summer to early winter has not been noted this season, Butterfat prices show but little change from prices paid to producers during July,’ August and September. In relation to feed costs, current butterfat prices are about the same as the average for the period 1925-29, and for the post-year period as a whole. This relationship is expected to show but little change during the winter months.

FRUIT JUICE YIELD HIGH

Times Special WASHINGTON, D. C. Nov. 21.— The fruit juice industries have grown during the last nine years, from a production of little more than 1,000,000 cases in 1929 to about 24,000,000 cases during the last year, according to The Agricultural Situ-

0lation, monthly publication of the .|Bureau of Agricultural Economics. re-

“America drinks its fruit,”

0-| ported Gordon Ockey of the Federal

bureau. “During the ' fiscal year

5: 1937-38 ‘the American people prob-

ably. drank 80,000,000 gallons of canned - fruit juices, not including sizable quantities of sweet apple ci-

canned tomato. juice, and about 60,000,000 gallons of wine. made. from grapes produced in this country.”

WOOL VOLUME IS SMALL

volume of business in the Boston wool market: during the last week was small, according to a report by the U. 8. Department of Agriculture. Quotations on combing bright fleece wools were steady at 29 to 31 cents in the grease for fine delaine and half-blood staple, and 32 to 34 cents for three-eighths blood, and at 31 to 33 cents for quarter blood.

DIVIDEND ANNOUNCED Times Special

directors of Louisville Gas & Electric Co. (Delaware) has declared a quarterly dividend of 37% cents a share on the Class A common stock, payable Dec. 24 to stockholders of record Nov. 30.

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A B NM r 3 1 n- : = : “ 1 EARLY RALLY "N.Y. STOCKS WHEATLOWER |Hogs Decline : : By United Press : : T on | 0 $7.70 Top; FAILS TOBOOST Bigh Low Last Change Tide WA ON. h Low Cast kage FRACTIONALLY: Oo ? — : e 1 13 Ar Rodue ....8 ®. © - wImkDAc.ld BROT b Hi h Rd ‘BER Allegh Sori + 1% 232 ny. * rine a7 2738 29 > 3" : | am S 15 cry aN XK WM : 141188 y % 117 Truex. Tra rts. 1-16 1-16 - 1-16 . .. ; Amerada. HM HA HR = = 4 oy 4 Ee : "|Am Ag Del Ill24 24. 138 i : TL : me fe Am BRnk Note: 114 1tn 11% = On Rucrat Go ors Sk SE 1 eeee— Local Hog prices ruled lower today Am Br Shoe ... 43% 43% 43% 4 ir Lines. 12% 12% 123 ; under heavier receipts, according to |Advar inti Am Coloriype 59% 13% 11% Fu|U Bor Sec. lit 1H hie tn Selli in December Lots |the Bureau of Agricult Eco vance Led by Aviations|Am gs & "575 5% 5% — 13|U § Rubber 501 501, -... [9€HING IN i Begs . . : Am P&L 6 pf .. 40% 40% 400s + 3 U 8 Steel... 86% 86% 2 se : nomics. Weights above 150 pounds 1 N Trails Off; Bonds Uneven; [in Saf £5 dri ie i Spo Tw HE HERE I Spreads to Market as [es guoted Jo eons iow sham sat : Am iH. ; Vem ’ Ii i Am Stl Pdies... 34% 3le- 3% + Wi, oot % wo Exports Lag. and pigs steady. The top on 160Cur b List Mixed. Am THT or Mls ie Anum s 28% 328% +'% P y 170 pounders dropped to $7.70. 4m Water W B% 1 hWo3% +h W— Packing sows strengthened at $7.15 NEW YORK, Nov. 21 (U. P.).—|Am Zine ..05 g 2. 3 Woah orl oal® gi? oi% —,%| CHICAGO, Nov. 21 (U. P).—|to $7.50 and outsold heavy hogs. | Prices softened on the stock market AT nda i 3s 31% Sie. — Yh West Union ... 28 25% gS + 3% |Wheat prices sagged fractionally on| Vealers were firm with best selltoday af ttempted rally |Atehisen 1111 38% a8 #4 + BI White hock |My, 116, 118, = "althe Chicago Board of Trade today, |ing for $11. Values of all killing y after an attempted rally Atlas Corp Sn 1 n PP Tn White Sew M1... 1 1% 1% .... |with scattered selling led by liqui- cattle held steady cespite poultry earlier under lead of aviation issues. Cn ae Wheox 88 24% 3w 33 I 1i|dation of December wheat. competition in the dressed markets. Chrysler declined 1% to 80% On |g.14 roco ct ... 13% 13% 13% de Woolworth - - “Joke 20 i] Cr At the end of the first hour wheat | However, nothing strictly good or increased profit-taking and General |Balt & Ohio 7% or % + 3 Wright Aero ...116( 116 118 + 2 |Was off % td % cent, corn off % to [choice was available in either steers Motors dipped fractionally. Steels Btyuk Cie -.... 1902 Jz 22 T 1 y— : ¥% cent, and oats unchanged. to 3 |or heifers. Most fleshy heifers drew sagged to losses extending to nearly (Ben Ind Loan.. 19% 3% 1% +. JalYellow Tr .. 5% 1% -,, | cent lower. $7.25 to $8.50. Demand for stock a point in U. S. Steel. Rails re- Beth iy 135 13 — {| TOUNR Sheet . 1% i= B December wheat opened % ons calves yas good. placed early gains with small losses | Black ecker 21%: 31% i sees ower, and selling sprea e at lamb prices advanced 25 to and most utilities yielded small Boeing x Then nT Curb Stock Ss other deliveries. Fair demand for |50 cents, with best comprised of naamounts, a Ben Ami A +101 101 101 +1 May wheat was uncovered around tives. Most of the good and choice Aviations declined from the highs, |Boraen™.... 1!" 171 Te 1TH yee ThE Sanson level, ol ot fering cleared from $9.50 to $9.75. poialy pews cn ers In ne EI EE BE BE Sheen ea, ow A I RE LR J fourth hour sold at 67%, u 4,|Briggs Mfg ... 31% 313 31% — Alum + . Co s from the previous close, but off 1% |Bklyn-M 13s 13% 13Ysa + %a|Am "airlines — 1 |weather reports from the Argentine Bklyn U Gas ..'18)2 182 18% .... |Am Cyan B. + 3% had te firmin effect ; from the high. Brown _ Shoe .. 33% 33% 33% -_ 2 An 3 er . 3 a 2 Tr DOrary xz ne % pi . : ty u eel ... — r veal i - Kennecott lost a point and Mont Bush Term .... 2% 2% 2% + % Bath ir Wis... 8% Tn 84 + Bn ar pes the end of an ‘hour's Local Li vestock gomery Ward nearly a point. =x en Bellanca Air... 9% 91; 9% + 5% ; . Rubber preferred moved up 1% 10 a |callahan zine . 1% 1% 1% .... [Brewster Aero . 1i% 10% 11% + 13 ading. 3 od tor Nolth Amare 1 ' Top Repl Nov. Top Rents. - |Calumet & H 8% Sa 85 . |Carrier Corp .. 19% 193 19% — 33 oreign aemand for INO: 200, eee 8 s pew high at 108% when it was an- | gRuR0l &@ Bo; 5/2 32 348 oy IGhilas pf oa... 1% 51% 51% — Jslican wheat was reported to be flat, | 13 30 D2MGIS dN BW . [nounced directors would meet to-|Geianes: ...... 223i 2a TW Cities Serv’... 1% 19% 1% + % po |15 10 38 Ii 00019 1110 7.80 i ivi- | Celanese pf . 96 96 1+ 3 |Com & So wis. Vg vs .... |but a sale of 20,000 tons of Domestic [16 ... 8.00 6701/21 .... 7.70 #796 morrow. Traders anticipated divi- 1 v 1% -— Y%|Con Cop Mns.. 72 Ti Tl .... — H Cerro de basco i 48Ys 48% Va wheat to MeXico on Saturday was dends would be inaugurated on the |Certain-teed 1072 10% + %|Crown Drug ... 1% 1% 1% — 1 firmed | Packing Sows tock Certain-td 6 nf 032 39% 39% — 3 Duke Power ... 64}s 64a 64s — 3% cConlirmed. : Barrows and Gilts | Good— Soci, Chil. rs Bi 12" = 4|El Bd & Sh 11% 114 11% + %| Corn prices followed the decline |G0od and | 275-7300 8 7.35- 7.50 d backed and filled ir- Chrysler ....... 813% 81% 81% — 3s a Bd ls Sh 6 pf 85 65 65 ott atey Cho. fe 340- 425. - 1.4 Bon | pices BY e 8 Aled A Cn ain Ye tT Gt Ask. ... 68 6 6 +1niin wheat. Resting orders were un- 140- 160 3 T40- 7.701 p25- 550. T 5: 135 x = / 4 ake a y 8 Y i 7.60Jesulariy [arough a 1a BID Com Cmdit fou: Tia Don vw SUN 2% 8 3% 1 1lcovered on the dip and fair support| IR: 130. 180. FiiMemums Co early dealings. Com Olyenis +0078 10% 10% .. Nat Container . 7 1 7. .... |was credited to cash and shipping | 200- 220. 7.40- 7.60] = Slaughter Pigs NCAT o1™ 91 ou" Yo 'yINJ Fine ee 66! 6612 6612 .— Vis 220- 230. 7.35- 1.30 Good snd Choice— | Rails attracted moderate support Cons Aircraft... 2 Trier 31% 31% 21% + 1 |Interests. Estimated local recelpts| 3507 250. 7:25. 7.35) 1000 140 8 7.005 7. and pushed up fractionally over cons Fim ..... 2 T Pac GE 5Y%s pf fis 28 $5. rn of corn were 225 cars. 290- 300. 7.20- 7.25 Medium .. 6.75- 7.40 previous closing levels, while New Sona Sim pt 10% 1 2 10% + Yo pal OW Aly. 17 1108 1% + a ; CATTLE (Receipts, 1393) York City tractions sold off frac- container “i!!! 15% 1512 1512 Z''y|8td OI ohio. 20% 20); 20%. — il City grain el Ne veaors wor baying for No. Choice" fan wabtle tions to around a point. Other Gont Ta 353 3% 39a — "1, | Wright _Harg .. 7% Th Th + hig Cash corn, Neg lio ioe mats, fy $10.%0- 133 Gabt'y 8.25 10 domestic corporate issues, however; Gon Mot ...... 15 53 1%. + 226 new. No. 2 yellow, 400, S| 900-1100. 10.50-12.00| Medium . 6.25- 7.00 % 1 definite trend Ne res 47 47 i + 1; 1100-1300. 10.75-12.50| Cut., com. 4.75- 5.50 failed to develop a defin on Cork 397: 39%: 391% + ia 0 1350-1500. 11.00-12.50| Vealers in the forenoon trade and narrow |Curtiss-wr 7 6% 1 + Ya cag 0 toc, S LIVERPOOL WHEAT Good [All Weight gains and losses were well-distrib- |Surtis Wr A... 27% 37% 27% + By United Press lt. Bg0-1050 Choice. Aiea uted through the list. Cutier-Ham 4 1 "nn Sa i Low Last| (U.S. Equivalents Based on Sterling |1100-1300. 9.00-11.00/ Medium.. 8.00-10.00 Tr lie ved 1-32 to —D— (Aviat: Corp ech vi eren sn 6 6% At $4.68% Prev. | 130-1500. 9.25-11.00 Cull and 9.20 gasy ions m Ns hi ort. but Del & Hud .... 350: 33% 3 — NC armout geo »edensleven 5% Sh Decelnber s Heh + Low 3 To 3 tioge rl 7.50. 3.00 0 common. 00 8.00 - -rs /e 278 4 see » 6 B 8 3 -. pon tm TL gl . Roe tions | Bun uglss Air... 61% asd 32 1 |Belden Mig 13" ° 129 March, old." ‘62% ave © 833 82% | 1100-1300. 7.55 8:35 (Receipts. * 672) Government-guaranteed obliga BI EE 2 0 00 ye, ge 15 15 |March, new.. .60% .59% .60% mmon Plain were slightly easier in a quiet U. 8S. Du Pont ...... 114% 144% 144% + Yg|Butler Bros ........... 8% 8%|May, old .... .63% 63% .63% 83% 90-1500. 6.50- Ts) 250- 400 § 8.00- 90 Government bond group. Ee Sant & SW Ui . 1% 1% May, new ... 61% 60 6l%a 61% Heiters Good ...." 1.00- 9.00 Foreign obligations were quiet and |Elec Auto-L.... 32% 32% 32% + %|Comwith Edison 27 27% Good— | Common. 5.00- 6.00 about nady. 2 Elec Bos Po w Hz th He + at Co -. in 2a % a5; 0 iil gn ec 2 - Y&|RUPpP MOLOr ..ocveelesee Aviation stocks moved up to the ml Paso Nat Gas 201s 29% 2012 ey Man Dear meeus:es go “4 WORKERS 0 AN I oh. 950-1038 God CL + hichest levels of the vear while Eng Pub S ..... Va Va Va ood .. 0s ! = highest levels Of ne Yeas, i ie Eqait Bldg .... 1s 17% 1% — i Mid Ne Sa 8 6% 550- 900. 7.25- 8.50] 100-130 -1300. 7.50- 8.75 0 | = sections oO e curb lis ere [Ex-cell-o ...... 0a 19%, 19% — % Swift & Co 197% 197s 350.) 500 5.75- 7.25 500- . 7.00- 7.75 xed. wf ; rane Co .......... 2 s |Common . 6.25- 7.25 “Beech, Bellanca, Lockheed and Fid’ Phen ads 3 35 35 4 1,|Zenith Radio ...... - 20% 20% 20%, Ww AIVE RIGHTS Good $ 6.00- 7.00. Good and. Choice— ’ Flintkote ...... 6Ys 26% 26% + 3 m———es .50- 6.00 eversky were at new 1938 peaks on [Fa Men cucvpi 108%; 1087 108% = 34 & Common. 5.00- 5.90! 550- 730° "7.00- 8.00 ractional gains. Other issues in Gee : LOCAL ISSUES ; Low cutter | Common and he air group also were up frac-|Gabriel A 2% 4% 3% + % : 8. jaoutter 3:75. 500 Medlin. 550.100 jonall en Electric |. 43% 43% 4335 ©." The following qugtations do not repre- SHEEP AND LAMBS (Receipts, 250) ionally. : Sen Foods 8Y; 38%. 382 - Ya|sent actual bids or| offerings, but merely Must Observe Wage-Hour Lambs Aluminum limited was up 1% Sen gaz A a 2% oy — adiease Pi imate eS) Choice ..$ 9.50- 9.75|:fedium ..$ 7.50- 2.00 ints in the industrial section.|G¢n Motors a 49 9% — Ya 3 : Good ... 9.00- 9.50/Common.. 6.50- 7.50 i Gen Rt 3 1 Vp — lgirecent transactions. olts patent firearms Jose 5 points Gen STC : 2” 2” . : = i rocks ’ i Maximum or Violate on wes ah 0 a New igh a on a sma re Eq.. 16% Vs + BR cork. Yl a A od and choiCe .............. .00- 4. ale. Other industrials generally |Gimbel Bros ©. 13% 13% 13% —...° ExT Eee Yd The Law. Common and medium. :...0 .. 2.00- 3.00 ad small advances. Goebel Brew .. 23% . 2% 2% — 4/Cent Ind Power pid... 2 29% : Soux 2 1.1 Goodrich: . .... 231, 23% 23% .... |Home T&T Ft. Wayne ‘1% pid. 52 54. ; ere méglecien. Utiition: were ire |Sootiotma op ib Iba Dr 0 [EeseDim peel | wasHINGTON, Nov.21 w.p)—| OTHER LIVESTOCK . U - reyhoun p. y 2 2 p Cen ainean iia . egular. : i Ind Soaro blemre rbld tq: 18% 10%, |Wage-Hour Administrator Elmer F.| CINCINNATI, Nov. 21 (U. P.).—Hogs— Hecker Prod. so 10 10 0 — 3, |Indpls’ Gas COIP ..|.eeenuenss. 10 .... | Andrews warned empl tod Receipts, 4300; 292 direct; market, gener#2 = Howe Sound .. 46% 46% 46% .... |Indpls P&L 67, pfd |: [111 lll gts 8% Dloyers loday aly liaise lower. Tay jetive: PL . : — Indbls PAT Sit Dd ails I that waivers by employees of their bulk good packing sows, sors so. 5, A I 4% 4 Cattle—Rece S calve, marToday S Bu siness In Central cues 15% 1s A 15% + I N'Tnd pub serv 7 : ig 7s 81% rights under the Wage-Hour Law ket, active; steers, heifers and yearlings P 1,6 } “ 7] 3 3 stron o fu Cc er, lo: olc [ote Ir 3 14% 1% 1% + kz N In $ Fup Serv & pid’ Pid. 0 8 constituted a “clear” violation of around 1000-Ib. fed steers $11; me ' /, u rv 1% pia ...... : Ata Glance |5 53" gn gn Bi % pEtetod, ast, 8 ff the law. and that drastic penalties Jt coiound, Souteb Re ntret Fourie : . Int P&P pf.... 47 n 41 ‘ Bub. Sexy Ss of Ind z ped. 3 33 would be enforced against any em- good lest ors top “320 . Seas. so cutter 1 1 woe : » S GENERAL BUSINESS In Rhos sivees 5 Va 3% Va 3 Ve » So (Ind GEE 4 8% 1 Ym 2 33 ployer attempting to falsify records|practical top i, 1:50, Advertising Age reports week Int T&T For .. 9 9 9 = ' van Camp Milk Co pfd ....... €0 62)2/to evade overtime payment for dn nai cepts; 156 AE a ended Nov. 12 retail Situs MN ornecnis a dn hei deed wenidine 10 “|nours worked over the 44-hour Bin 5453 0; sales “good trucied-in I cose 4 v / — 4 y ul newspapers of 80 major cities 22,- Kroger G&B .. 20%2 20%2 20%2 + % |Amer Loan 5s 46... |... ....... 95 100 |maximum, and medium, $6@8; slaughter ewes, $3 1498,724 lines vs. 22,710,594 pravious —L— Citizens Ind Tel Ar s61.....,102 100 “It has come to my attention,” A AVETT ETTE, Nov. 21 (U, P.).—Hog week and 23,639,764 year ago; total Lambert ....... Je 38 39 = 5 Se Ta Er OW seas oo 42 03 10s _ | Mr. Andrews said, “that certain em- Market 10@25c lower; 160-190 Ibs., 87.50 ito date 833,620,919 lines vs. 937,935, Libhy® McNEL © 6% 6% 6% — 1 Jome T&T NY 6% 43.-::::108% 107s, |Dlovers are contemplating having a @7.70, 180-250 lbs. Sra ST. 1.0) 250 pe ER a Wet heaidpig Lnldone Re oh Die | kta Bp To ee ” S ov. \).—Ho National Lumber anufacturers Macy R H .2... 43 43 43 4 3 |Indols Water Wks 5 68 cho J021% 104% assumption nr A ar bv the Market 15¢ lower: 160-180 lbs. $7.10: iH - Association reports week ended Nov.|Martin GI .. .. 33% 33 3 TL Rokomo Waser Ws: 3.1 1000a 10% y 200 lbs. $7.40; 200-220 lbs. $7.30; 220-240 12 lumber output of 526 mills 182,- McCrory II... 1% 11% 11% + % | Godel SNe Strs 5, 80 ..... 981. 101 |employes of pay checks so stamped | ibs. $7.20; 240-260 Ibs., $7.10: 260-280 lbs McGraw El .. . 1912 [19% 19%, + 114 ks Bop 65 "11021 will thereby result in an effective $7.05; 280-300 ths. $7:" 300-335 lbs.. $7.95 278,000 - feet vs. 209,239,000 feet by|McKess&Rob .. 8% [82 8% + 4 Muncie Yiater Wks 210202 anv: y Tes & 325-350 Ibs., $7.90: 140-160 Ibs. 20- ! y ’ y y | ps 01 31 . : 3 1bs.. § ; 120 : : ; engel a €'2 81a — 1, Noblesville Ht L&E 6Y27 47...100% 103% | wajver of rights given by the statute.|140 Ibs.. $7.20: 100-120 1bs.. $7.05: h 1652 mills previous week; shipments |yigiand tpt 00s 095; 1095 .... |Ohio Tel Co 6% 47|.. ....... 88 00 . s.. roughs, 176.135.0000 feet vs, 201.223.000: | Mian Hny St'p { 109% 193 1937® iy, |Public Tel Co wc 55 "17 97 100 | “Employers who may be proceed- |$6.50; sags. $5.50. Calves, $11.50. Lambs, $9. kod feet yo [Mont Ward 1150 50 50... '|Richmond Wat Wks 8%) 57...108% 103 ling on this assumption are badly adbooked orders 190,815,000 feet vs. : Seymour Water Wks 5% 49....100 : Ne T Haute Water Wks 5%. ....100% 102 . [vised and will find themselves in PRODUCTION RATE 214,361,000. | Nat Acme $...13° 13: 13... RE Thee 8% 49..--195 ‘63 |clear violation of the law, The ; Magazine Steel reports steel pro-|Net Aviation ... 13% 13% 13% +''% “Market St, Investment Cors.. 95.87 26.9 wage and hours provisions . . . ofl (OF STEEL INGOT UP 085 per cent. oP Uh Pole Nn Bas Bie Bi i DR) PMG w elon aco) [the law cannot lawfully be. dire. 8 Nat Gypsum ... 14%, 14% 14% + 'y tyres emt —— garded merely because an employer CORPORATION NEWS Nat Lead ...... 6% 25% 26% .... Y obtains the consent of his em-| CHICAGO, Nov. 21 (U. P.).—The Net Pwr &# Li. 8% 8% 8% .... | CHICAGO PRODUCE , . . EJ. : ) Sra ; loyees.” rate of steel ingot production in Brown Shoe Co, Inc. and sub-|N°YPoed i 19p lo» lo Market, steady: receipts, I020|D ; sidia fiscal year ended Oct. 31, net|N Y C Omnibus 36% 3658 36% + 2 ross pounds: phy Oats "00-91 % score), The act provides a maximum fine| the Chicago district rose two points ry y , profit $191,470 equal to 77 cents a|N ¥ NH&H pf. 41a “4% 4% T.. 7|Zsia@dssac: extras (92 score), 26450: : firsts, (of $10,000 and a jail sentence up to| to 60 per cent of capacity last week. common share vs. $703,251 or $3.20 (No Amer... 33% 33% 33% I 1h|ascte ssskasiic: standsids sasa6e; [SIX months, or both, for record falsi-| While orders from the automobile vear ago: six mo niths ended Oct 31 No Am vn... 16% 16% ith + Y centralized 188 score), 24Yzc; hi tat fication. industry constituted the backbone ; . or re awen iy Score 20 Simultaneously, C issiol 2|of the demand, an improvement —Market, steady; ceipts, 2890 y, Commissioner Isa , an proveme net profit $271,434 equal to $1.10 a -—0— ga is . Troe raded rs. an sc; less |dere Lubin of the Bureau of Labor| was evident in buying by the farm common share vs. net|loss $79,964 in |ohio oil ...... 9% 9% 9% .... [than cars, 2 extra firsts, cars, 3lc; |g + i t indust Structural preceding six months Otis Elev ..... 27% 27% 21% + 3% |less than ti 3075c: checks, firsts 2ic, | Statistics estimated that wages of | equipmen naustry. ructura . Pu Hrosn'31 ious Boe. rel ky Ses approximately 35,000 cotton mill{steel business and miscellaneous y HJR i C. - - $254,099 year ago: 10 months net Eek cB dn de | Ee EH Akens and springs |SULE Of the Wage-Hour Law. The loca) scab sien] market eon : » ‘ Hi I 219.586 vs. $13 Penn R R ..... 21% 31% 21% + 1% firm, balance steady. (Seceipts. 4 cars: i He said that this comprised about| tinued to W@isplay a bullish under- . a + . - 3 / TUCKS; uc ) [+ eese, Cc; - % en une a , Phelps Dodg '. PB, 8B + ibe: Tesharn hens. 11vic:|one-tenth of the workers in the in-|tone. Current quotations on No. 1 fg y ago. v 4 72 TT j7|spring chickens, 1l4{@-6c; roosters, 11'.@ |dustry. . heavy melting steel are 50 cents Midwest Oil Co. [nine months| EBS Sor: 13% 17% ,J9% | BILCE SHORKES JARRE (DORRIT aie higher at $14 to $14.50 per gross Wes : 0. 2 On Ang 3 35 35 Cheese—Twins, Bhaise dalsles. 13% @ ; : ended Sept. 30 net income $757,818 pyre Oil ...... 10% 10% 10v "1 |13%c: longhorns, 13% @13vkc. ton delivered in the Chicago : " 2 {4 + Y»| “Potatoes—Arrivals| 149; on track, 344: D DO MS district : vs. $571,714 year ago. = Purity Bak ... 14'; 14% 14%2 4 % shipments. 453 (Saturday), sis Sunday). y CL. : A Monsanto Chemical Co. Septem-| gd Re a Ncoripanks, Soom 78: Colo- j 3 To ber quarter consolidated net profit|Radlo .oos.--- 8, 8, 8... Found Whites.” Sagi Nore, Bevotd SCARECROW SNAKE PETROLEUM YIELD UP $690,743 equal to 51 cents a common RY Sec TI C.. 8% 8% 8% — '|[email protected]; finesols Sd North Delos CLEVELAND. N 21 (U. P) WASHINGTON, Nov. 21 (U.P.) — pt ...28% 29, 23% — 34|Early Ohios, $1.20@] 220%, » Nov. : B)o— share vs. $1,224499 or $1.06 year |Reading . ..... 16% 16% 16% + 3 2, Total petroleum production in 1937 8 78 | Supplies rat iberal; demand, fair;|C. H. Kinnaman plans to abandon 4 ago; nine months net profit $1,853,- Re Ran es I i 1% I 3) |market, steady With firm undertone. his “scarecrow” snake because of a |V2S 1,279,160,000 barrels, which was 294 equal to £1.36 a common share ? ~~ tr : 179,473,000 barrels, or 16 per cent Se : reprimand from a bird-lover. ye ? vs. $3,999,759 or $3.55 year ago. Safew me gi an »| LOCAL PRODUCE Th above the previous record of 1936 ,999,799 or $3.00 year ago. Isafeway ....... — e reprimand came in a letter : ; Schenley Dist | 207% 30% 20% 3 ccordin, r New England Powe Association y Dip wy ! wis we Ton Heavy breed broilers, 412 Ibs. and over, from a woman who heard of Kin- 3000 ding to a report by the Bureau 12 months ended pt. 30 con- cata Roebuck % or no .-+s "f14c. hens under nz, oe 12¢, Leghorn naman’s method of keeping birds A terial decline i de oil 3 : ‘ 3 seen , : €e! : : solidated net income $4,207,897 equal [shay & b 730. ki 7% + '%|and White Rock springers. 17: ibe: ang |from his cherries and grapes. She ala Sine BD frude © to 24 cents a common share vs. South Pac .... 19) 18. 13 + lajover 1435: [Colored springers, 1/2 lbs. and said: production was recorded in Septem- ] . 0 Wy - Ya -— il e, Tr 7: ; a $6,524,543 or $2.73 year ago; nine south Ry pt. 2814 i 3812 TF 9|over. lic: spring chickens. 2 ihe. and oer | “What manner of a man must|Per, 1938, when the average was 3, Months: 1jet income - $2.629.218 - vs. Shi eg] or ane 3 Dp fig oid ii 10s" and over, 10c; white you be to train snakes to climb 288,100 barrsls daily, oF 16.00) below cre /s « i % 5 ) $4,149,909 year ago. IEE ine of. Bi 3a 3 — iY gucks, vader 5 Ibs. 8c: colored ducks, [trees and eat birds? ; he Auglst Jove] 2nd 380,000 under Pet Milk Co. September quarter (Sid Brands... wh wha The ... |3 [pF SRA Sur 9c cojgied ducks under| “Shucks,” said Winnaman, whose the September, 1937, average. : consolidated net profit $435,685 equal | Std G&E ...... Aen Fo a mh, aNd over, lie: Youn protector of his cherry trees and to 5 gens : ; Sommbn share vs. Sid gee of... 8% 25 = Ln breast firey: He;lold tom turkeys, 11c; onl mane $511,333 or $1. year ago; nine sid Oil NJ .... 52% 52% 52% + %| No. 1 strictly Sesh : ’ 0 mohths net profit $771,749 equal to gone & Web .. 14% 14% 11% .... asc: each full case must weigh 54 Ibs. ‘ahd be any ‘scarecrow’ snake next $1.74 a common share] vs. $730,339 or | Sun on. 5 5 = + 3 over; a ne; deduction of 15¢ oat full | year. I'm even fonder of birds $1.65 year ago. : Sunshine Min.. 10% 10% 10% - tales 8, Le. i Lt . e; pullet than of cherry pie or grape preI , —_ 3, utter—No. 1, @29c; No. .2, 2 i Texas & Pacific Ry Co. 10 months [Swift & Co... 20% 20 20 + 3 i od 0, 1 dle; No oh fer SgIVe. } —T— 0. a a rt mg re 1 wags e -oU a Shale on o per cent ipgypcgo ...... 9%... WASHINGTON, Nov. 21 (U. P.) preferred vs. $1,945246 equal to Tox Foe LY. sin 8% 3 ’ . « P.), ~“$247 a common share; October net WASHINGTON. ov. 21 (U. P.).—Goy-| if all the eggs laid in the United . ’ ernment expenses and receipts for the States in 1937 were placed end to, income $277,877 vs. $235967 year N. : current fiscal h : hon 967 y ; . bonds gurront ocal year ago = ho. oe com snd the line would stretch more BL Wileox on t Sas go. Tne BOND PRICE INDEXES Reoelp a: Sb 2 3 3 $3300.334, 102. is er on the ae months ended Sep net pro, Gross Def. 1283585.087.18 "6 o $229,279 equal to 46 cents a com- 20 2 20 60 Nev Der. yaeraoaeris 9 400% 199.91 | Ment. Egg production during the h $75,241 10 cents Inds. Rails Utils. Bonds |Cash Bal. . 2.529.519.738.16 2.633.679. 6. 12 |year was estimated at 37,647,000.000, mon share vs. or BONIS | caturday ..... 508 oy any mis Wrk. Bal 1.915.645,342.52 '544.729.165.75 | al] of which was : year ago; September quarter net|weex Ago .... 87.0 625 994 ssel Bl DR 30300 oa 00-98 27.010.829.267.04 | oon HE Perioried Ty 420,profit $95, 278 Pal Li Sets 8 Month Ago ... 87.1 59.8 987 sip Customs .. ‘128.113.711.823 112.038.338.37 common share vs or 1 cent Year Ago ..... 823 04 948 825 2 HE : : year ago. | 1958 Bish. ... 98 90.0 991 may cio IIDIANAPOLIS (CLEARING HOUSE BROKERS’ LOANS INCREASE DIVIDENDS 1938 Low ..... 74.9 9 87.8 50.7 Seat NBS “eo.iancederenniionnans. 50,000 WASHIN : I Lh Dee a a, 6,098,000 : GTON, Nov. 21 (U. P). Electrographic. Corp, regular quar- U. S. GOVERNMENT BONDS —Loans to brokers and dealers fn|ff ° : - terly 25 cents on common payable Treasury Bonds F OREIGN EXCHANGE $576, Pug Se oi Lo aled A SAFE DEPOSIT BOX Dee. 1 record Nov. 26. 3tss 1049-45 NEW YORK, Nov. 21 (U. P.).—Following|vious week but a decrease of 212s 1953-49 2.4 102.4 |are noon cable rates on major currencies: 125.0 ALL SIZES 2%s 1954-51 : : Z Cable Rates Net Change $125,000,000 from like week year ago. MO + NEW YORK, Nov. 21 (U. P.). 35s ed.55 . 04.4 P34 104.4 ate) .. 468% + chasin ior purpose oO par. | , a Home Owners Loan Bonds 0 |! il 033%, 00003 el Re TIE, 000, up e | Dun & Bradstreet’s daily weighed s,s 1049-39 .. 2.11 102.11 102.11 Tre aes | ule ’ 1M price index of 30 basic commodities, [3s 192-44 ..... |... 106.10 106.10 106.10 |] er ans :0000% | $3,000,000. AMERICAN NATIONAL BANK compiled for United Press (1930-32 ~~ DOMESTIC i 1 Qermany (mark) ks 4005 / 003 - - __ "Seutheast.Corner ; j _equals 100): _ |adams Exo 4s 47 ..... 101 i014 Tory, | Norway (krone) ..... .2358 = —.0004 GASOLINE SALES HEAVY PENNSYLVANIA & MARKET STREETS .||| f Saturday. .......... shesesss. 105.08 A TE ig cenend % 19 08 Denmark (krone) .... .2085 —.0004 TULSA, Nov. 21 (U. P.).—Heavler / : - —r epee : oy Ssscsssashhsciees Je fs a J50e : ian 12% F D PRICES Shan normal sales of refinery gasoon ne rssh beens ; e . . 00 e exerted a strengthening inflaan Pac 428 46 .. % 98% 933 Ri Year Aso. lh Seas 37.8 Certn-td 5's 48 ._.. £2 81% 8° CHICAG oii (0 PrArbles ence on the oil market this week, : Hig an. Ee ccens, \ u he : ee di to Tulsa's Oil and Gas c cl 55 73 .... 80% 80 1, | Michigan Uschi bushel, $1. Cf 1.75. | according aS 1098 Low une D0 GORA BI BE BEB BRS Aur Journal 2 : —_— ee nt T&T 58.55 ....: 6) °|0e © 0 ois, bunc at '. STEEL PRODUCTS INCREASE |N.F &&» en 9... 2. fn gn 22 Be apcinzeh Hiei, plushel Bass your family depend upon FUTURE INCOME? : Parmlee T- 6s 44 ...... 52 $13, 32 |Caulifiower—Michizan, crates €5c@$1.40 ' - NEW YORK, Nov. 21 (U. P.).—!|penn RR 5s 68 . . 103% 103%; 1031; | Peas—California, hampers, [email protected]. Celery A SAFE DEPOSIT not. . You'll need FUTURE INCO . October shipments of finished stes]|Pénn RR gn 4s 66.. 95% 95%; 955 | —Michigan, square crates, 25@90c. Onion ? roducts ' | by subsidiarie. f U Pern RR 4xs D81 £2Ya 92% 9214 | Market (50-1b. Racks) Wisconsin Yellows, iS LOW COST products 'by s of U. S./Rem Rd 4%s 56 ...... 102% 102'5 1027; 80c. Minnesota Yellows, 67% @15 - BOX : gencies? Will it be sufficient? ~ Steel Corp. rose to the highest level | Warner Bro 6s 39 ..... 90%; 90% 901; - INSURANCE fine Golober 1987, Dc companys TORMION igh. Law Rush Jobs Make Us Smile 5 Different Sizes monthly report has disclosed, t 72 Feb .... 80 For the 10 months ended Oct. 31, IN ky a 102i Hendre Printing. Rentals $3 to 323100 shipments aggregated 5,251,511 tons Canada 5s 52 ......... 11 C Inc : | red with, 11,749,156 tons in the |Donmark ss 42 SID; any, Ci . |

How Much FUTURE INCOME?

‘Did you ever stop to consider that future plans for yourself and

YOUR FAMILY will need future income whether you are here or much will your present life insurance provide for thesg contin

N LIFE INSURANCE GOMPANY

~

ME for retirement years. How

Downtown Agency Offices 1052-58 Congolidated | Bldg,

i A. bn 8 | 5

der,’ more than 50,000,000 gallons of]

BOSTON, Nov. 21 (U. P.)—The|

CHICAGO, Nov. 21.—The board of |.

I= TONIGHT

7:00—-Al Pearce, WIRE, * 7:30—Richard Crooks, WIRE. 8:00—Radio Theater WFBM. 9:00—Guy Lombardo, WFBM. 9:30—Eddie. Cantor, WFBM.

If you like “your history sugarcoated, you will be interested to know that after an absence of five months, Cavalcade of America will return to the airways with a new series of broadcasts beginning at 7 p. m. next Monday on CBS-WFBM. Consultant and adviser on the program is to be James Truslow Adams who was on the Col. House Commission during the World War. His book, “Founding of New England,” won the Pulitzer history prize in 1922. The commentator will be ‘Gabriel Heatter of “We, the People,” fame. Another staff member will be Thomas Hardie Chalmers, actor and editor. Co» » 2

WIRE will carry at 9:30 p. m. tonight and every Monday SLI hereafter an electrical transcription of the “Information Please” program broadcast the week before. Station officials said it is impossible for them to carry the original Tuesday night program because of NBC-Red commitments.

# 8 =

During the Czech crisis, you became familiar with the voice of I. V. Kaltenborn, so-called dean of news analysts, because you heard it at all hours of the day and night. He will visit Eddie Cantor’s program to .ight to “give the real lowdown on what is happening in|i Europe, how and why.” Believe it or not, Mr. Ripley, Mr. Kaltenborn was heard in 85 ad .lib. programs during the Czech disturbance. He recently finished a book entitled “I Broadcast the Crisis.” 8 t 4 2

ON THE RADIO

THIS EVENING

(The Indianapolis Times is not responsible fo cc les in nouncements outed by station changes ey bress time Sages IokTal Ang

Edwin McArthur, young Denve musician who has been Mme. Kirsten Flagstad’s accompanist sin she came to this country several years ago, will make his debut a conductor when Mme. Flagstad sings the role of Elsa of Brabant in the Chicago Civic Opera Company production of “Lohengrin” The first act is to he broadcast at 8 p. m. over NBC-Blue. Rene Maison will be heard in the role ¢ Lohengrin. : ; ‘” EJ » 4 i Miriam Hopkins, Claude. Rains, Richard Greene and Anne Shirle, will do a lot of emoting when they. play “Confession” tonight on th Radio Theater program. The “drammer” opens with a Jolly little murder; the rest of the story is told in a series of flashbacks. you're going to listen, you may want to fortify yourself with some of thi Al Pearce Gang's nonsense. They will provide an outlet for the thwarted with a “Do What You Want to Do” program. :

#8 8 A local announcer, who wants his name withheld describes his

before going on the air: . : (Clears throat ehdmently ‘and blows nose) “Well, here goes, Butch. There's the mike. It’s smug, and it grins. It's alive, too. Some time it’s gonna bite, or better still—Flash from the Press Radio Bureau: Man bites Mike. “Mustn’t forget the liver for supper. Hope there’s onions to go with t. - What's the guy in the control room waving about? The lug. O yeah, time to go on. O. K. Remem ber to put a cheery smile in your voice, Butch. ‘Ladies and gentle= men, we now ny you the stock market reports. . . . 8

Fdwin C. Ail

BB03

M. Wayne's Or.

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Monday Show Pick & Pat ”n ”

Al Pierce Richard Crooks Radio Theater

Or.

FET SS Tr waowne S353

Duchin’s ”» ”»

Lombardo's Or.

No Talent Wanted Bob Elson Newspaper ot Air

Hour of . Charm

Contehted Hour

INDIANAPOL CAGO CINCINNATI - WFBM : WGN 920 oo : (CBS Net.) (NBC-MBS) (MBS Net.) | (NBO MB ): 4:00 Let's Pretend Unannounced O'Dell & Salvo i ee 4:15 a ” News Johnson Family Ter 4:30 Tea Tunes ; Unannounced H. Stoke's Or. ey Armstrong 445 ov Interviews Pianist Paul Sullivan . 00 WPA Speaker Lone Ranger Cinnamon Bear Don Winslow: :15 Howie Wing a Terry & Pirates Jiphan Annie :30 Bohemians Dick Tracy Maritime’s Music Denton & 45 Sophie Tucker Police Court Orphan Annie Lowell Thomas Auto Show Anes & Andy

Captain Midnight ‘Concert Or. ion ary fy : Inside Sports Al Pierce

Richard Crooks

Inside Sports Contrast Studies

Lone Ranger

J. Garber’s Or. Hour of Charm Tomorrow's Trib. Ken-Raqd Concert Or. "ou.

H. De Paul’s Or. True or False » ”»

Ee 9222 | PP00 | NNRR atl anal onan

:00 :15 J. Renard’s Or. 30 Eddie Cantor Information Pageant Detective 45 ” ” ”» ”» ” ” Ramona’s or. 10:00 News Amos & Andy se $ Paul Sullivan 10:15 T. Dorsey’s Or. Headline News Pancho’s Or. Svotliz ht 10:30 Cab, Calloway A. Donahue’s Or. Manzanares’ Or. Locke's on 1 45 ”» el ” ”» . Lewis’ 0 11:00 J. Grier’s Or. K. Kayser’'s Or. K. Kayser's Or. Moon a 11:15 Strikes & Spares a” » nin 11:30 Krupa s Or. J. Garber’s Or. J. Garber’s Or. Review 11:45 ” 35 se R. Pearl's or. TUESDAY PROGRAMS ; INDIANAPOLIS INDIANAPOLIS INDIANAPOLIS CINCINNATI WFBM WIRE 140 ~ WIBC 1050 (CBS Net. a (NBO-MBO) (NBC-MBC) . 6:30 Early Birds Roundup Saddle Pards lamplisntess 6:45 n " Devotions Cowboys Ren Valley 7:00 ” ” Musical Clock Breakfast Jam Merrymakers als » » ” » x > Fetes 2 Sant aid i ospel Singer 7:45 ” ” 3.» » ” Chuck Wagon 8:00 Romany Trail News Go To Town 8:15 Montana Slim Dessa Byrd Yo and Chuck Myrt & Mar ; 8:30 Melodies Baby Bulletin Top Notchers Hilltop House 8:45 Apron Strings Better Health Devotional Linda’s Love 9:00 Eitty el i K Bartlet Guideposts i $ B15 Myre & Marg Other "Wire ay, Barflety Pioneer Paths + 9:30 Farrell's, "Kitchen Plain Bil Shilkret’s Or. Smilin’ 2 9:45 Women in White Wirges’ Or. The Goldbergs 10:00 Mary Taylor David “Harum Monitor Morning Sing 10:15 Party Line Lorenzo Jones Rluviim Maker's Vic & Sade 10:30 Big Sister Widow Bro utler Univ. | News ) 10:45 Life Stories . - Editor’s Daughter LA Refrains Road of Life 11:00 School Program Singin’ Sam Noon Rhythms Editor's Taser 11:15 Nancy James Linda's ‘Love ” 4d The O'Neills 11:39 Farm Circle Farm Hour ” » News 11:45 Market » Boy Greets Girl Farm Hour 12:00 © Bohemians w ue. Back Home » on : 12:15 News Jieadiing Sleepy Hollow Farm News 12:30 Stepmother WIRE Reporter ” | Invitation z 12:45 oliday Good Taste Rainbow Rangers Happy Gilmans - 1:00 Irene Beasley Betty & Bob Dick Leibert | Betty & Bob 1:15 Harmonettes Gr Tome Daughter "Balsa Moods Grimm's Daughter 1:30 School of Alr Valiant Lad mers Valiant Lady 1:45 Church Tn . Church Hymns 2:00 Bohemians Progress Parade fn i Mary Marlin, = . 2:15 Public Schools ay n Swing Kings Ma Perkins 2:30 Concert , Hall. Varieties Concert Hour Pepper Young 2:45 ”», . Guilding Light 3:00 " Leita Boosevelt Backstage Wife Aloha Land | Kitty Keene 3:13 Sing,’ Inc Stella Dallas Jack Powers Midstream 3:30 , Vie & Sade American Family Beautiful - Life 8:45 Men & Books Girl Alone Mary Paxton Hatterfields a 4:00 Bohemians [. U. Pro ram Jamboree Hannah 4:15 Santa Claus News Flashe 4 " err 4:30 Tea, Lunes Dnannovced Sign Of Jack Armstrong - 4:45 i Imogene Pierson Silent Paul Sullivan

KEY NETWORK STATIONS (f (Subject to change): NBC-BLUE—WJZ, 760; WOWO, 1160; WENR-WLS, 870; NBC-RED—-WEAF, 660; WTAM, 1070; WWJ, 920: WMAQ, 670. CBS—WABC, 860; WJR, 750; WHAS, MUTUAL—WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM, 850.

KWK, 1350. 820; KMOX. 1090; WBBM. 770.

CROSSWORD PUZZLE

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