Indianapolis Times, Indianapolis, Marion County, 28 November 1939 — Page 13

98, 1939

STOCKS RECEDE

“YORK, Nov. 28.—It has pointed out here a number times that the most important to bé’ done to produce recovery is to clean up the three big areas of private investment—buildings, railroads. and the utilities. Nothing has been done about any of these save the utilities. The Securities ay Exchange Commission has been charged by Congress with the duty of simpli-

the capital structure of util-|

ity holding companies by compelling reorganizations in order to limit holding-company control to properly integrated geographical areas. That work has dragged along, partly due to the lethargy in the Commission but chiefly due to the resistance and hostility of the industry to the act. Now, apparently, a number of companies are disposed to comply. But the job of reorganization is a long and difficult one and it is a little late now to decide on compliance and hope for swift action. : » » » THE SEC HAS just reported the fact that there are at least 20 holding ‘companies with consolidated assets aggregating $6,500.000,000 which must be reorganized. It is obvious there can be no financing by such companies for expansion while these reorganizations are pending. Whoever stands in the way of ‘this reorganization now is making his contribution to the holding up of -recovery. The SEC points out also that 56% of all the preferred stock outstanding against holding companfes is in default and that 27% of the preferred stock of operating companies is in arrears. Now it must be perfectly obvious that an owning corporation which has defaulted on its preferred stock is in no position to go to the public in a disturbed world and ask for new money to make new extensions and to add to a debt which it is already incapable of meeting. 2 2 = = THE GOVERNMENT cannot be blamed for these defaults: In a great many cases—indeed a majority of cases—the operating companies owned by these holding companies are in good cohdition. But it is diffleult if not impossible to do anything for them as long as the system of which they are a part is in so much trouble. People do- not forget too easily the kind

Traders Continue Cautious,

SLIGHTLY FROM EARLIER HIGHS

Railroad Reports Good; Wheat Advances.

~ By UNITED PRESS on advanced fractions to more

then receded slightly from the

recession. Steels gave up about half of gains that ranged to $1.75. Chrysler held a gain of $1.20 and other motors were firm. Aviations halved gains that ranged to more than $1 in Sperry and United Aircraft. Farm issues, rails, mercantile shares and rubbers held small gains.

Curb Irregular Traders continued cautious al-

the high rate of business operations. | 4, reports featured today’s industrial news. It was estimated that Class 1 roads would set. a new nine-year-ing income for tober. Automoeral companies declared: increased or extra dividends. New York curb stocks were irregular in quiet early dealings. United States Government issues scored moderate © improvement in quiet dealings in an otherwise nar-

at New York. British Buying

International shares advanced sharply on the London Stock Exchange to feature an otherwise idle|g market. Among American issues gains in U. 8S. equivalents ranged to a .point in U S. Steel. - Substantial fractional gains were noted in Chrysler and New York Central. Heavy purchases of Canadian wheat by the British Government and continued bullish crop news from - the Southwest stimulated a fractional advance in wheat prices on the Chicago Bord of Trade. At the end of the first hour wheat was up to % cent, corn up % to % cent, and oats % to 3% cent higher.

Curb Stocks

Net Low Last Change ”% 4 < /2

than $1 today at New York and||

highs. Trading turned: dull on the

Abbot} Lab . Stores 0's Allied Stores pf 66 Am Bank Note. 11 Am Bk Note pf. 47'%2 Am Ca an 110%

though thére was a slight improve- |A™m Cry

ment in sentiment as a result of|A am Mach x dst

i= Rad & S Am

h in net operat- A bile sales held at a high rate. Sev-|2 Jas

early |B rowly irregular listed bond market B

B WEEKLY INDEX OF BUSINESS TREND . PREPARED BY ADMINISTRATIVE JD SsseARc CORPORATION - NEW. YORK

PANY

ye ods

vs Ba _g - > &

Lil lod) LL.l LLL Llall

gaa dagalavi gd

LiL bl Lill

JAN. FEB. MAR. APR. MAY JUNE

JULY AUG. SEP. OCT. NOV. DEC.

NYS

me fee

Net High, last Change 662 Ya 56a + Ya 0% + Y 66

- = 3,

3 Ya Sa 57%

Roll Mill .. A Smelt »52Va . i 7 of 143% m & T -69%

hh EE bE

Bai . Ti 88s Bklyn 1

Bua d ie fs. Butte Cop az Byers pf

. 1% pf 66% pf 107% Yh 4 ee. 24 reg sy 15%"

(By United Press)

Yl: Ya)

% Week ago ...

TOCKS

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS

Month ‘ago Year ago

High, 1939, 15. ; low, 121.44, High, 1938, 158.41; "low, 98,95.

Month ago . Year ago

. High, 1939, 85.90; low, 24.14. : High,

1938, 33.98; low, 19.00.

15 UTILITIES

ess

Yesterday

Month ago .. Year ago

High, 1939, 27.10; low, 20.71. , High, 1938, 25.19; low, 15.14.

—Po

kar d 3% dan Am jAirways 18% Paramt Pict 8Ys Pathe Film .

nn AR Dodg . ohillips Pet oY 0% 40% Public Serv .... 40% 40's . 40% —— 5% 17

b+: £141:

5% 33%. 2 10% 23 15% 397% 8%

10% a

7% 8% Sw

49% $% 111% 30 40

Rem-Ran vo Republic Stl. Rovere OP

Tob B Riontielq oil ;

E44

Safew

Sav Arm Schenley Dist .. : 19% Schulte R Scott Pap pf . C114 Sears Roebuck. 81 Sharon 8S H ... 14% Shell Un Oil ...

0CO)

20 13% Ya

HH] +

Jout 1 F Sout,

sia ran sens Ca) ..... Std Ind ... Std ol NJ Stew-War

Studebaker Lire Sunshine Min ..

i 4 reEEE

exas Corp

TSW PRCES

. J that time there were {sold at $5.75.

“11100-1300.

Choice— 8

AT STOCKYARDS

114,000 Hogs Received Here; |

Top Set at $5.65; Vealers Steady.

Marketing able hogs were received.

top price quoted to $5.68, which is the same paid on a practical top here five years ago y y. but a few that

The weights lighter than 160 pounds sold steady to 15 cents lower today. Vealers, good and choice,

05] Were steady with a top at $10.50.

iy 2 3 Ime

se Repts, $80 14,000 2 ... pt 9379] 28 . 5.65 11,995

Barrows and Gilts | Packing Sows Sows : a od snd G62 500. 54 10 3 ‘5.00

30.. 4.85Bn 475- 4.95 0- 4.80

oo: 400 4e3- 478 450. 500. 4.60- 4.70 agi 50-500. 4.40- 4.80 90- 120,. 4.90- 5.25

iNew. "0 5

Free:

Spr ent nen

Slaughter Cattle & Vealers (Receipts, 2059) Beers (Y Arline ns. ded) e sie. 50-11.25( Good ...$ 6.50- 7.00 10:00:11.0] ¢ 6:25- 7.00 9.75-10.50} a8: a 5.00- 6.00

Choice— 700- 900 1100

1300-1500 Good— %50- 900. 9.75-900-1100. 9.50 1100-1300: 9.25 1300-1500 .00

10.50 -10.50 -10.25 -10.00

Calves (Receipts, 6419) Feeder, Stocker Cattle, Steers

ehoices 500- 9.00- 3 75 800- 38 3 8.75- 9 0] domi 800. . 800-1050. . 3 o- 8.75

00-1060. 7.00- 8.25 5-0 7.00

S 500- 750. 10.50-11.00 500- 750. 9.50-10.50 Heifers

- 9.00

Com

750- 900.’ 10.25-11.50) SOI "0h— q Cow

000d — 750- 900. 9.00-10.25 7.50- 9.25

75. 7.50 Good and C

500 down $ 9 aT 00 edium— M 5% oy (haitors)’ ) Cutter and aves Ble

od— common 4.50- 5.50 3% down § 8.75- 9.75 Canner (low ium 3.50- 4.50

Med cutter) . 500 down. 7.50- 8.75 SHEEP AND LAMBS (Receipts, 5460)

a L Good and choice

Medium and good Common

Ewes (on shorn Bugis)

Good and choice Common and medium .. . 2. 25: 3.25

CHICAGO ) LIVESTOCK

Hogs — Receipts, 21,000; fairly active, light and medium weight butchers, 10 20 cents lower, heavies off more;

: 5 . Hog prices dropped another 10| ‘Jl |cents at the Union Stockyards here| | today on weights above 160 pounds, |. _{l.|the Agricultural Service ‘|| {reported. An estimated 14,000 sal- ;

The 10-cent decline brought the|

|. U. Speaker

Nathanael H. Engle . . . works for national clearing house for business research activities.

Commerce Department Aid To Discuss Plans With Wells, Weimer.

Times Special BLOOMINGTON, Ind. Nov. 28.— Nathanael H. Engle, Washington, assistant director of the Bureau of Foreign and Domestic Commerce, will confer with Indiana University officials next Monday and Tuesday on Department of :Commerce plans for establishing a clearing house for business research activities. Conferences ‘ are _scheduled with President Herman B Wells and

School of Business.: On Tuesday Mr. Engle will speak: before the annual convention of the secretaries of the Indiana State Trade Associations. Mr. Engle is discussing the Department of Commerce plans: this week with University of Michigan

-80|and University of Illinois officials.

He plans conferences at Ohio State University after he leaves the Indiana University campus. Through the clearing house, the Department of Commerce hopes to avoid duplication of effort in business research activities throughout the nation. Faculty members are

25/being asked what individual re-

search projects they care to undertake individually.

DAILY PRICE INDEX

NEW YORK, Nov. 28 (U. P.).— Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for United Press: (1930-32 average equals 100) Yesterday ......c.veeees.00v 117.62 Week ABO ...eescesssssceess 118.14 Month AgO0 «...cecoeccessees 118.36

| 7:00—Big Town, WFBM.

. |NBC-WLS) by James Thurber.

|New. Yorker

any given subject.

Dean Arthur M. Weimer of the].

*, ~~ TONIGHT -7:30—Walter O'Keefe, WFBM. 7:30—Information Please, WLS. 8:30—Fibber McGee, WIRE.

The doughty board of Information, Please! experts will be joined on tonight’s broadcast’ (7:30 p. m,,

Mr. Thurber, as any reader of the magazine already knows, is founder of a school of pen-and-ink art which may be conservatively described as. screwball. In the literary field, he devotes himPself* from time to time to the production of amusing essays on almost

To further enlighten readers on his dual career, here are some biographical notes, written by no less an authority : than Mr. Thurber himself: “James Thurber was born in Columbus, O., where so many awful things happened to him, on Dec. 8, 1894. He was unable to keep anything on his stomach until he was 7, but he grew to be 6 feet 1% inches tall. . . . He has not worked as a cowpuncher, ranch-hand, stevedore, short-order cook, lumberjack or preliminary prize fighter. Quick to arouse, he is very hard to quiet and people often just go away. “He was recently blackballed when brought up for membership in the

"ON THE

.|He wears excellent clothes

defeated at singles in crochinole . . . He can hold a grand slam hand in bridge and be set six but he has never been taken at fan-tan. . "very badly and can never find his hat, . « » He is Sagittarius with the moon in Aries and gets along fine with persons born between the 20th and 24th of August.” x sn : "Raymond. Scott's Concert in Rhythm moves into a Tuesday ot at 9 o'clock tonight, CBS= M. 1t was formerly heard Sate urdays. . . . Postmaster General James A. Farley, Democratic Com mittee chairman, and John D. M. Hamilton, Republican Committee chairman, will take part in a special broadcast at 9:45, CBS-WABC.

{Their subject will be “Shall Stue

dent America Concern Itself With Politics?” . . . Edgar Rice Burroughs, Tarzan author, will appear on We, the People at 8 p. m. CBSWFBM. » » ” The college “fight” songs’ occupy. the place of honor on Johnny Pre sents at 7 p. m.,, NBC-WIRE. With Johnny Green at the piano the ‘orchestra will play “South of the Border” and Beverly and the Swing Fourteen will do “Boy Scout in Switzerland.” Helen Ward will revive “When My Dream Boat Comes Home” on the Dixie Song Shop at 8:30, CBS-WFBM. . . . The Montreal Symphony Orchestra, directed by Sir Ernest MacMillan,

Fairfield County, Connecticut, Skeet Shooting Club. He has never been

INDIANAPOLIS WFBM 1230 (CBS Net.)

Kathleen Norris Golden he

Scattergood & Wetty

Billy Safety Pro; oF. H. Kaltenborn TO News

1400 (NBC-MBS)

Girl Alone Midstream Dick Reed Dessa Byrd Spellin Santa Baus U. ports Hoosier: Sports

will play, Sibelius’ “Finlandia” at 9:30 p. m.,, Mutual.

THIS EVENING

(The Indianapolis Times is not responsible for inaccuracies in program announces ments caused by station changes after. press time.)

INDIANAPOLIS WIRE

CINCINNATI

(NBC-MBS)

ty Keene strea k Armstrong tation

CHICAGO WLS-WENR (NBC Net.)

Home Forum Serenade Anthony Dinning Sisters

El Chico Children’s Story Junior Theater Tom Mix

Kit Mid Jac Invi

and Denton Once. Upon Time Lowell Thomas

Nie: Fidler : Second Husband

Big, Town Wajfer O'Keefe We, the People Crosby's " Or,

Pleasure Time Metagey Cameos Dick Reed Johnny Presents ” ” Heidt’s Or. ” ” Crummitt, Sand. ” ”» - Fibber McGee

Easy Aces Lost Persons

ews Sports Review Aldrich Family

Pleasure Time avis’ Or. Melody firove

~ Inside Sports

Johnny Presents ” ”

Information PisaseHeildt's Or, . ”» ” ”»

Concert Kassel’s Or. Mr, Weeks

Crummit, Sands Fibber McGee

8538803 | sun sine sans] 88x38 5858

SoS | cree Rew sPedere? ARR Gone oo x

td eh fed bt

Hoosier Jalent

Judith Arlen Singing Cop

Amos and Andy News : Whiteman’s Or, ” ” Paul Fillivan

Reynold’s_ Or. Nichols’ , Or.

INDIANAPOLIS WFBM 1230 (CBS Net.) Silent

‘Bob Hope Doghouse News Bardo’s Or. Lucas’ ‘Or. Kecordings ” »”

. T. Dorsey’s Or.

WEDNESDAY PROGRAMS INDIANAPOLIS WIRE 1400

(NBC-MBS) Dawn Patrol

Shield’s Review Brent House

10 ,0°Clock Final

Kassel’'s Or, ”» ” Little's Or, ”» ”

INDIANAPOLIS WIBG 1050

Devotional Ranch Gan

Bob, Hope Doghouse

Peter Grant Schnickelfritz B. Cummins’ Or. Snider's Or.

: Gopdon’s or,

Mogn River

CINCINNATI (NBC-MBS)

ees 45% Mornin’ ; Checkerboard me to Shine

Gospel inger hal A Scotty

of losses they were subjected to, in 4 the frenzied financing of utility holding companies in the late Twenties. What is needed is energy—energy somewhere to force these reorganizations. Here it'is 1939—nine and 10 years after the collapse— and literally nothing important |g done about dealing with the tangle

Zeller ps Wr : Ham oo 31% 0 aD

6Ya

. 6% 7% 11% L171

177% «131% 121% 117 117

arkets Dawn Patrol ”» ” ”»

good and choice 170- 240 Ibs. $5:[email protected] ;| Year Ago seesenses 105.80 Ibs.. [ 1939 High (Oct. 18) «c.veee. 119.66

io She was, mik 1939 Low (July 24) ........ 101.40

sows, $4.50 few lighter ‘U.S. STATEMENT

Pn around $5; Tost a lbs., $4.25 WASHINGTON, Nov. 28 (U. P.).—Gov-

ernment expenses and receipts for the current fiscal year through Nov. 25, compared with a year ago:

hatcher pf

329% Ya

Early Birds oa»

Breakfast Jam » ”» Ld

”» ”» ”

Coffee Cups Master oh ers Juila ights lt nes Sire

” News

Freddie Miller Good Morning Troubadors Miss Julia

Kitty Kelly prt Hilltop

”» News

City Today Air (Kitchen

Fash. Editor's Daughter Devotional Man I Married Reflections r

n E

Berkey Ga Pur Buff NEP y pf.. Can Marconi Le

I+: ++]: :

Tv — Du Pont pf . 20th Cent-Fox . 13%

Duques L of. oe

ia 50; bulk, "59 5 @9. a yearlings. § $7, oo near choice, Sais” Hoh er ewes, $3.15@4. today’s trade fat lambs slow; practically no early sales; undertone, 15 to 25 cents and m Tore lower; talking around [email protected] on: 240 an a 2

on 2h.ok 5 4% 25% Un Air Lines - 1B% 66 166 Un Biscuit .. United

a 8 | Bast Air Lines. EL Kodak

- >

Man 1 ar Other Wife { Plain Bill Happiness

Woman in White Blues Chas

as yet. . Something has been done in pro-

a machine for reorganiza- Fir &

viding iza tions up to a point in the Utility Holding worthless unless vigor and push are introduced into the job of enforecing the act. Better still would be a

movement among businessmen of [Loc

influence to force utility holding

hi companies in this defaulting class|N

to do their share toward recovery

Am by supplying some .energy cn their |p]

side for reorganizations.

WAGON WHEAT

Indianapolis ¢ grain elevators are nayin 82c. subject to marke ades on their merits. Cash

h other Sane; yellow, 45c. Oats, 35c.

: corn, new No.

See Final Edition of the Times for Closing Stock Quotations and Other Late News §

realiberada

on. the new

r ae EC CAPITAN |

AMERICA'S ONLY ALL.CHAR.CAR TRANSCONTINENTAL STREAMLINER

© Just 39% bowrs is all it takes this gay little all-coach stream. liner to whisk from Chicago to Los Angeles. It doesn't take a potful of money 10 travel on it, either! Ei Capitan saves and dolla Le 1 or nied * to an I Caer Tu this winter.

oe You'll orwught) Bey he . of ElCapitan’s new stainless steel chair cars... individual reclining seats (they're . all reserved) . .. broad windows You'll like, too, the delicious ‘Pred Harvey mieals served in

Company Act—but that is|Gle

| me

win W 1 Ohio pf.106 hnicolor 12%, Un Lt & Pwr B 1%

Armour & CO +...o...e

Chgo Corp . ... Chgo Corp cv pt. . Chgo Yel Cab . Somwith Edison

Gt Lakes Dredge .. Heileman Brew Ill Brick Libby McN&L Lindsay Light ...... ves Marshall Field ........ Mid West Sop.

Mid Un pf ia kine wed | Nobiitt-Sparks ciate eves

iPenn RI Quaker Oats .....

| Signode St Str ....

Sivyers Steel *...c0..... 14 Spiegel

| Stewart-War .. re | Swift & Co

Utah Radio Prod Utilit .

cv pt Wisc BkShrs

13 %

1% 4%

LOCAL ISSUES

abolis Xo

SEIDEL EER

Chicago Stocks

High Low Last 6% 6% 6%

ollowing BE Juctations | by the Indiando not Jeprene

Bona pa offerings. but merel

dicate. Fhe Sad Selling market level on buying | an Sransacti

Auto Invest Co Belt

jer. > Ly &L ooh pfd | fae, Nat Life Ins Co com. N Ind Pub ?

So Ind G&EA 4% p jenjen Title Co. co Terre: Haute Elec om 98 Van Camp Milk Co’ Van Camp Milk Co p Bonk Am Hoan Loa Alerica n 5s 51 Citizen Ind Tel 4 Crab!

4s 61 be-Reynolds-Taylor 5s 42. . T Wayne 5% 55..

ased selling quotations of recent

Ask 54 “62% 7"

- LOCAL PRODUCE

breed hens, 5 De na over, lic; Tc; Barred

3% ibs

1bs., 9c; 1eghorn White Rock sp. over, Tie: golored shel a up, 1 re TS, ‘over, 9c: old Tooste

No. 1 strictly fresh

19c; each full case must

2 ihe

Te. Te : BE

i% | Fair Morse ...

72 "1 |Gu

3% No Pacific . ...

. ne lbs. and

and [during the World War “is a matter : of conjecture” but according to the|3f,

6s! 11%

Eng Eat, Bldg 3% 23 pf +...00 1% 1% go «34% 3% . 18%

Ferro Enamel . 18%

Gabriel A .

M&No of ..

Hollander & Son 6 take 59

Homest Howe Sound 3

Toland ¢¢ Coal. 259;

# Bn

Johns-Man ....

Begnecots go Kresge S

ne har Cem.. jor llard uG& 2 A...

¥ sas Tees

. : NS

on ard . Mvers & Br.

Nash Kelv

SENSE

EE a

Owens Ill Glass 66%

Cites U.

NEW YORK, Nov. 28 (U. P.).— The United States has a “rare opportunity” to build up its Latin-

basis but first must accept the “inescapable fact” that such expan-

2 sion must involve increased imports

as well as exports, the Guaranty “| Trust Co. declared today in its monthly review, the Guaranty Survey. A trade policy recognizing this fact would be “far more beneficial in the end than a haphazard and opportunistic movement such as took place during the World War, with. a. subsequent loss of the progress made during the war years)” the authority asserted.

fronts the United States and Latin America today ‘is that of building for the future,” the bank's ‘review declared. ; Steps recently taken by private and governmental agencies in this

American trade reflect the belief here that war abroad has heightened . the opportunities below the Rio Grande, the review pointed out. Whether such increase would be comparable to that which took place

WE MAKE FIRST

i wv

United United n

Q EEE

= gous a HE: FUEL 4]

dadaqaaa

8]. ..... S Steel pf 11512 11

nadium

342 IC& .

. . .

falwor th . 6Ys Pa El 6 “pt. 10974 10214 Vest, Union .. 26% 26% 12% 127% . 39% 39% re : 19%

ge =

sid€s8ds << = Po

n Jootworth

Yellow Tr 19%

Incorporations

The Butler-Weiland Corp., Anderson: amendment of articlés of incorporation, Reliance Distilling Co., Kentucky corporation; admitted to in to c¢ngage in distillery business. oshen Ground Rod Mfg. Co., Inc., 2% N. Main St., Goshen: agent. Chester Inebnit, same address: 100 shares of $10|M par value: mataciuring and sellin metal ground rods and general electrica construction; Chester A. ea Christian

g orp., Lake TheMichigan City: agent, William same address; 1000 shares collection agency: Walter E. Parent, Marie J. Parent, Willlam N.

Kenefic Clay City Gun Club, -Inc., 116 Washington St., Clay City: no capital stock; E. Weber, Guy Move Sena hite. Nappanee Post No. 154, "nc., American Legion, Department of Indiana, Nappanee, Harold Gray, Samuel Sharp, Howar Prickett and others. Leder! Labora! tories, Inc., Delaware corporation; certificate of retirement of preferred stock. Armco Railroad Sales Co., Ohio cornoration; merged into The Drainage Engineering Co., Ohio corporation, after to be known as mco Railroad Sales Co., Inc.; amended certificate of adission and change of agent to Jacob S. hite, Merchants Bank ! Indiana State. Conference on Soci ork, e., Illinois Bldg.. Tndianenolis; no PL stock; Murray A. Auerbach, y Man Bloom, Leo M. Rappaport and

ater Bldg. N. 'Kenefick, no par value;

American trade on a permanent|

| Fra “The real opportunity that, COn-|pejgi

country to foster increased Latin-|

other:

S. Opportuni ty In Latin-American Trade

bank any movement to take advantage of the possibilities “will involve serious difficulties.” Among these - difficulties are a lack of gold reserves in all the South ‘American republics, except Argentina—which is reported to have a supply . of $400,000,000 in gold or foreign exchange—which immediately brings up the question of how ‘payment could be made to: United States interests,

FOREIGN EXCHAN GE

NEW YORK, Nov. 28 (U. P.).—Following are noon cable “*cibie major currencies:

England - (pound). ; a Ne ne Canada: (AOHaT) »«.s... 865

Germany (mark) .. Switzerland (franc).... Holland Spuiider) i [Sweden (krona) ...... Norway (krone) ...... .2273

Denmark (krone) . Noy. a8 les— $16120. "Breet rots—Calif crates, . $2.90. 3 81 Toma Texas lugs," 2g. pinach— olorado

Japan (yen) ....sec..CAGO, Michigan: Mackintosh, "ne TH ee, bu,, bide 1, .40. Sar: : ; eas Californi — Michi, 3.10. Celery jon s-innesota’ Sah ie Ee Sse.” ’

i an ’ Yellows,

ON IMPROVED REAL ESTATE : See Us About Our Reasonable Terms

F. NH. A. MORTGAGE LOANS AVAILABLE

The UNION TRUST COMPANY

A. lly Ce on tomparatively Jight_ Sa»

‘18.75: Sanghler ewes mainly $ W. Vv.

sourl, f : sacks

choice lambs; t held $9. 35@9 ve; talkin ng a around steady Anive slaughter ses oll ibe. el

ca ds Fell Snished light $10.35@11; choice ’ around 10; mostly, dows; canner and cutters steady at 4@5; beef Sows, weak; bulls, strong to shade higher, at $7 down; vealers, steady a $l down,’ stock cattle scarce and fully stea

OTHER LIVESTOCK

CINCINNA 28 (U. PE ogs— Salable, F300. ve 330. ira tive, generally Steady. Top, of Tor 2 0-233 1bs., $5.95: 00-140 1bs., $4.26@5: ost sows, $4.50 down; few smooth lig tweights

to around $4. od sa tame., 500. Calves—350. Most Medium to good stee: ele wh light mixed yearlings, $8 150 25. Oe Ta to medium steers, yearlings and heifers, [email protected]; common to: good beef cows, [email protected]; top A sage bulls, $7; canners and cutters, vealers steady. Practical. top, Hi 50; good and choice, $ i

alable, 2. Broad demand for mod erate ge Herally Steady: attered lots ur trucked in lam ahs choice offerings eligible to be Pa

ommon and medium largely $7@ own ov. 28 (U. Hogs: 10 to 15 cents lower; 160-180 1bs., $ -200 lbs., $5.45; 200-220 1bs., 5.35: 220-240 1bs., $5.25: 240-260 lbs., $5.15; S00.280 Ibs., $5.05: 280-300 lbs., $4.95; 300325 5 4.75; 350-

1bs., $4.65; I 1bs., $5.15; 100- 120 1bs 3.35: ‘stags, = $3.25; calves,

P).—

Roughs,

20 lambs,

# p{Sveoma os

lbs. Clearings

as Boas Last Yea . hi 3.068, 972. 32 2 Se ,490, 336. 19

Expenses | 3 131.2 ,206,614.12 7,668,143.49

8,883.56 14,258.709.490.7

ld Res. 17,319.1 aa 134,536,222.

144, n 6.099.60

INDIANAPOLIS CLEARING HO

$3,360 6,923, "000

. x [fh td gt | pd th fd | tt ft fond

Stepmother

L Ross Brenda Curtis Bis Sister Life Story Kate Smith Girl Marries Farm Circle

Harum

Against Storm Chains Light

- Singin’ 3am Dr. Malo e Headl ines. Linda's Love

Farm Bureau ’

New Ki Kee! Kitty Keen Directory Yoho ‘of of Exper.

ODO TOAD | ok ct med esse Lory xeo®® sdedetez a0

fates” "Weather

Frigndly_Houss Pub. Schools Castletime Rhythms, School for Boy and G Home Folks Ranch Boys Bill Jones i

Tides Farm

Linda's Love *

Guiding Light Yeoman Speaks

Hien Randolp itor's aughtep Voice of Exper.

New Business Books Available at Library

The .following new business books are available at the business branch of the Indianapolis Public Library:

WAGE POLICY IN RELATION TO INDUSTRIAL FLUCTUATIONS, by A. e “Pool. The on employment of the tmexiniiy of the present wages system

EN R

‘Engineering is su and essential force in the world that its appeal as a career to many young men is not strange.” HASTE A MANUAL FOR LETTER WRITERS, by Mary C. Foley and Ruth G. Gentle. “Letters, a and Puriness, are streamlined to fit the modern age. DO YOU WANT TO BECOME A PYOTOR? by Morris Fishbein. oung man. wishing to enter of medicine must have not only definite educational preparation but a thorough understanding of the social aspect of medicine. MEN WANTED, by O. G. H. “The chain stores are constantly Jooking | for men, but they are satis-

SINEERING OPPORTUNITIES, by uch a dynamic

Rasch,

fied with nothing but the pest.”

® The manufacturer, business man or property owner who delays—through friendship, habit or misinforma- . tion—in finding out the facts - about Mutual Insurance is giving his competitors a comfortable handicap. Perhaps you can afford to do that. Perhaps you have such a lead on the field that considerations of .sconomy or increased protection against fire hazards (and loss of customers and tenants)

Home Office

140 North h Meridian St.

> HOW MUCH HANDICAP

CAN YOU GIVE YOUR COMPETITORS?

GRAIN DEALERS NATIONAL MUTUAL FIRE INSURANCE CO.

* GRAIN DEALERS MUTUAL AGENCY, ING.

can have no effect upon you. But few individuals or companies are in suchan impregnable position’ If you need the competitive advantages that you can le-

gitimately acquire, we suggest

sms petween Illinois St. and Circle™==—

Ir Licrow Agent ——

AMERICAN NATIONAL BANK

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KEY NETWORK STATIONS (Subject. to change): CBS—WABC, 860; WIR, 750; WHAS, §20; KMOX; 1090; WBBM, 770. . MUTUAL—-WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM, 850, NBC-BLUE-WIJZ, 760; WOWO, 1160; WLS-WENR, 870; KWK, 1350. NBC-RED—WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670.

Even If It's Three o'Clock in the Morning HAAG’S ALL-NIGHT DRUG STORE IS OPEN

22nd and Meridian

WINTER ‘COATS

MILLER-WOHL 0.

45 E. Wash. St.

+ 15.00

WAT RERMVIRS CH EPAI ; LS ]

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. Save on po Supplies, Radios, Sporting Goods ‘and Hardware at

"Western Auto” 363 N. lll.—301 E. Wash.

TO + PLAY LEAN 60" DAYS ‘Guaranteed course of Jessons given away with every new piano. Easy terms.

ELINED EPAIRED EFITTED

{ILEON

“TAILORING CO. 235 MASS. AVE

And ’ Women’s Clothes

“WILKING MUSIC ww.

120 EAST OHIO ST.

FOR BUSINESSES AND INDIVIDUALS

TRUST DEPARTMENT

At Indianapolis

that you consider the advantagesof Mutual Insurance. The resident agency listed below offers you the service and facilities of “Grain Dealers Mutual ”— one of the country’s leading mutual insurance companies.

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INDIANA MUSIC co. Je Ohio St. LL 4088

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