Indianapolis Times, Indianapolis, Marion County, 2 December 1939 — Page 10

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SATURDAY, DEC. 2, 1939

yn! John T. Flynn

NEW YORK, Dec. 2—Out in

ing mess in this country. That is the building code. The City

torney of Milwaukee wants a mora-

torium on building codes in order to,

get housing started.

1 do not know anything about the building code in Milwaukee nor about the special complaints that the Milwaukee people have about their own code. But I do know that building codes are made primarily for the benefit of the men who make and sell materials and for the benefit of labor to keep the costs of building up. At least one statement about the Milwaukee situation is arresting. Since August the Federal Housing Administration has been prepared, we are told, to make loans on houses costing as little as $2500. but due to building restrictions it is impossible to build a new home for that price. 5 » 8

WHEN WE REALIZE that at least

& third and probably half the popu-| a i that is a start-|

lation cannot afford to live in home costing more, ling statement. And of course it is true—or nearly so. The City of Chicago recently adopted a new building code. When a building code is about to be adopted or amended, a whole swarm of labor leaders and lobbyists for material makers and dealers and sub-' contractor organizations appear. Their object is to get into the code provisions which protect their special services or products. The new code was adopted. It is at least better than the old one, but it is still a pretty terrible barrier to building. If tomorrow some man discovered a means of erecting prefabricated houses at prices that would enable the lower half to live

in decent homes it would be illegal

to erect them in Chicago. | » 5

OF COURSE building codes are essential to life in a great city. Pro-| tection against fire hazards, requirements as to ventilation, light, health | stability are inescapable. But the codes go further than this. For instance, in Chicago there is a provision that an inside wall must be a certain thickness. The thickness selected is the usual thickness of a plaster wall. There is, of course nothing sacred about the thickness of a plaster wall. Such a wall must have that thickness because of the character and structure and materials used. There are types of walls—modern synthetic materials—which are at least as good and better than plaster walls. They are of course not as thick. If the builder is forced to apply them as thickly as a plaster wall they become expensive to the point of being prohibitive. That is the object of the code provision. It is to protect the plasterers’ union, the plaster and lathing dealers. It is not for the interest of the com-| munity. It is against that interest,

LOCAL BUSINESS

The Guaranty Finance Co. has taken over all assests of the Remedial Finance Corp, F. D. Norris, Guaranty president, announced today. | Stock in the Guaranty company

i 1

will be exchanged on a proportion- $ ate basis for shares in the Remedial ¢

company, Mr. Norris said. The Remedial Finance Corp, formed more than 20 years ago here, operated in the automobile finance field and was capitalized at $100.000. Rex Dawson, manager, will join the Guaranty company. The Guaranty Finance Co. was organized in 1932. E. H. Stein! Floyd Hemmer and F. S. Stratton are vice presidents and V. G. Mattox is secretary-treasurer.

Buys Insurance Agency

William M. Daseke, agency supervisor for the American Automobile Insurance Co. here for the past seven years, will take over the Crawfordsville, Ind.. insurance agency of Clifford V. Peterson Dec. 15 Mr. Daseke, who lives in Westfield, will move his family to Crawfordsville in February

Milk Prices Announced

Leon C. Coller, Milk Administrator, today announced milk prices for the delivery period, Nov. 16-30, for distributors.

The prices will be paid by distri- |

butors for milk of 4 per cent butter-

At-

{ Consol Oil

{Am Ark

Marion County |

PRICES MIXED, T. TRADING LIGHT ON N.Y. BOARD i:

Leading Issues Hold Steady: Milwaukee some people interested in| housing have put their fingers on al pretty sore spot in the whole build- |

Aluminum Co. Declares $6 Dividend.

By UNITED PRESS Leading issues held steady light trading on the New stock market today stocks were mixed. Initial trades were small, volume for the first hour amounting to|j 110,000 shares. There was little! business done in the second hour. Trading in Chrysler was at a low! ebb and the issue held around the previous close after opening loss of 50 cents. close yesterday. directors company reported net

After the of

York | A while special

recovering an?

A Reduce >

Amal

Amal A

Am Am Am Am Am Am Am

A in|am

Am{Am

Am Am

Allied Stores Allied Stores ptf. 610 Leath

. 24 Leath pf.. 151% R ve 20% . 38 Se ih :

|Am Lo |Am

Fd {Am | Am [Am

the |, income for‘

the first nine months of the vear ata

$722 a share against $1.53 in the | corresponding period of 1938. Al dividend of $1 was declared. bring- (AT

Am Am

Woolen ot

Rad & Roll Mill .. Safe Razor. Smelt . Ship Build. huh SEN

gl 48%

ing the dividends for the year to] | Anaconda

$5 a share. Chrysler now has gone into heavy|

| production after a shutdown of 55! |days because of labor trouble, {eral

Gen- | 4! Motors was barely changed. Rubbers were narrowly mixed.

Building Increases

Feature dividend action today was declaration of a $6 cash dividend by Aluminum Co. of America. In addition the company is distributing one share of Niagara Hudson Power | 2 for each thre shares of Aluminum

Co. held. This brings the cash |B

rmo

Asso atch i 1 C

Ah Refining .

Atlas

Auburn Auto ...

Aviati

Bald

ur Ill

hs | Armour Ill pr pf 47 Armsifong Ck .. 302 rno

d Const 10 Inv pf WW 92 son. ..... . 25 Line. . 23 2 4

si Ya 3

IID no a WR gw

OMI

Corp pf..

fon Corp

Loco i

ech-N Pkg.

Bet

| Bendy Avn

Steel

{equivalent for the two dividends to| Bein Steel 7 pf ‘1140 =

$825. Aluminum Co. today showed | a gain of nearly $10 on the week. Mercantile issues were steady to firm. Building shares were steady | to firm on the Federal Housing an-|

in the four weeks ended Nov. were 28 per cent above the corre-| sponding period of last year.

Bonds Irregular

Bonds today were irregular with S. Government issues easier. Fin- | land 6s broke 10!'¢ and Helsingfors 6l:s dropped 151:. "loans generally were down.

Cotton held half of early gains! calahan Zine. | Calumet & Can Pacific Cannon Mills Carriers

that ranged to 90 cents a bale. Wheat climbed fractions to a cent, with the December future sell- | ing at the best price for any future since February, cago Board of Trade. Late profittaking cut into the gains. Corn futures ruled generally |

ay gGY2 steady in light trading. Sov beans! (Che Eo -td 6 pf 31% x

reacted after early firmness.

Chicago S hocks:

Advance Alum ......... Am Pub Serv pt’ Berenoft Brew iss & Laugh .... Poss. Warner

Cent Cent ‘ Cent & SW Ut pl pf . Chgo Corp cv pf shen Chgo N W Ry . Club Alum Comwlith

ND - Pr

oY www

ot wo

» nN pM

w ©

=» “

Crane Co Cudahy pf a Dayton Rubber Dixie-Vortex A Elgin Nat Wat Fuller Mfg Co Gi llette SR. Heileman Brew Hein-W Mot P Houdaille-H B Hupp Motor Ill Brick Jarvis W Jefferson ‘es Ky Util cu pt .. Leath Co. .... Lindsav Lt pf .. Marshall Field Mid West Corp .. Mid Un p oe Muskegon M soa Al . Nat Batte f .e No W Ut 3 Rollins Schwitzer-Cu

Jal b3

LILI me BES LILI mt HPS nN -

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2 1 7 3 0 6 5 5 3

Ho. own wt hgh ® Wow

or I

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fe BD - i 03 pe

FENN EY

ps pr OF

OOD OrORN =I IalN DINOS NII DON

OCIS bt BD pe + LI DI Fi pt 1t SOND Dr OPIS 03 INTIS OU Cb WOWD

OCIS ot 13 pt bot GD 13

Jtah Radio’ Prod U S Ste Wahl Reel . Walgreen Co Zenith Radio ...

Curb Stocks

Hi 148 31'2 16

a Gb go oF pl Bawa MII UV pe 1 po AE wan

Aero Sup B... Alum Co Am. Am Cyan B.. Am Lt&Tr .... Super . Ark N Gas cu pf Bath Ir Wks Bellanca Air .. Brewster Aero. . Garnat ion Milk. Carrier Corp Cent St El 7 of. Childs pf .. 25 Cities Serv

1441, 16

% 34 Ta 3 . 19 : 3 31a 10'4

7 4 1

a “a

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> OO de hn 3 2D ND YD uF

3 ry

Wa BERD ese

D4 Se 583% 3

on or

“pA 5D men —

C r : + Courtauld . Creole Pet .. 3 | Ea Gas&Fuel 23% E2 G&Fu pr ot 41

~” ” ~

—- UD Tht Pre CICS

Saas

Lockheed Air Mead Johns Midwest oll Molvbden : Ward, A cL

TDN et DRI IIR D w . pr ~~

CVRD wT bt OFS

= on CIAO PN JDO ee DD ~ »

hoa

fat content purchased by them the IN

Prices are: $1.80; Class { $156; Class Ilc, m $1.32

last half of November. Class I, $246; Class Ib Ila, $168; Class ITh. § 8144; and Class

Agency Wins Contest

The Connecticut General Life Insurance Co. today announced the Howard E. Nyvhart Agency won a! recent contest among its agencies. Jean Black, agency assistant manager, was leading producer for Indiana and ranked second among all assistant managers. Stanley B. Watkins, agency group supervisor, led | the company in the number of group sales. Mr. Nyhart, Mr. Black and Mr. Watkins, from Indianapolis, and Joseph Stoner and Earl Carson of South Bend will attend conferences and a banquet Monday at Hartford, Conn. in recognition of their achievements.

LOCAL PRODUCE

eavy breed hens, 5 lbs under 5 Ibs, 9c; Leghorn hens, and White Rock roasters, 4 Ibs and over, 11c; under 4 lbs. 9c; colored roasters, 4 ibs. and up, 10c: under 4 Ibs. 9c: heavy breed stags, Tc. ghorn stags, fc: Leghorn broilers, 2 Ibs and over, 8c: old roosters, fc No. 1 strictly fresh country run eggs 18c: each full case must weight 55 lbs ross: a net deduction of 15 cents for each ull Nir under 55 Ibs will be made ter—No. 1, 31'2@32c; No. 2 soc Buiter fat No 1 “ae No. 2 (Prices quoted by Wadley adley Co.

FOOD PRICES

CRICAG Dee. 2 iH. PJ) Mien etn ackintosh, bushel Potatoes Tennessee bushel. $1 154 tf Ww a ia ornia, crates. $225@

and over, llc;

Jc: Barred

29':@ 26c,

—Apples— $1 15&1.25

| Morris 5&10 Stores 3

1938, on the Chi- | Cel

elanese Celotex

30rgBrew

Rudd

Bu Bullard Bath h Burlington M .. urroughs

Bush T

Scandinavian Bin oi Z.

Ca Case Cat er

Cent Cent Cerro Certa

Crisps r & Nw Chi & Nw Rav po! Pneu : | Eh Jel Cab

{| Chi

City i City

Colga

eth Steel 5 pf. BIACIOR San . | Blaw

Borden

Bd gept nouncement that house construction | BIiRes a 25 | Bklvn-M p Bruns-Ralke | Bucyrus-Erie

-Knox

> . Ne

BINNS ee BS

Warner Cp Am.... Brass

-—

T T

3 net 1.5 pt

BIBI «FBI IAI 00 bt U1 00) = T Cd 03 bt I) a pet BD bee OT

dd NgwaD

Bt pt 0D fe

T B pf ctf

~~ © sm a

& Gen ii

pt A T

WEIL Cre apd UI=y LO

Foundrv nm Lt pf 130s de Pasco. 3813 in-teed

ED. .- & °Ghio

ot OF pe O00 1D CD CD slim C0 i J 1D WD ihn OY et

WN a0 aN NNN eR a

RN Ar ra

DOO

I1&F Stores

| Cleve Graph Br J | Climax Moly Co Cluett Coca-

Peab Cola A te-pP-p

1 Col Fuel & Iron | Col Brdcast A.. 22 Colum Gas

Col Com Com Com Comw Comw

Comw Cong-

Cons Cons Cons Cons

4 Col Gas pf B.. Pictures vic

Credit . ny Tr . Solvents Ith Edison Ith & So 1th&So pf. Nairn

2 an Edison pf 1074

i Con RR Cuba pf 2

Cons

Container

Cont Cont Cont Cont Cont {cont Carn Coty

Coal vte.. 4'% Bak pf Can Can Ins Mot : o Del .. rod .... 6

Crane Co . 2 Crane Co cv pf

[Crow n Cork

{Crown Zeller

| Clirtiss: Wr Curtiss-Wr

| Day P&L SS

Deere

67% ov 4% . 43% vee 108 A .. 28% =P pt 111 . 21% 8

ce 331s

Dist Seag

Dixie-

| Dome

East

{East R MN 15 | East Kodak .““ | Ejtingon Sch ...

{ Elec Elec

Vortex A

Net Close Or Crane | Doehler D Cast

Mines

a: I 14 | Douglas Air

oo IY 177 L136 1217% Re RT Lines. . 245

11l..... 3% 16§°%

Auto L .... Boat

13 El PRL $6 pt. 2

El P&L 87 Bis Elec St ' Eng Pub Sng PSS EN pf ie

Erie

Ex-cell-o

Fair

| Firestone n A 1, | Flintkot

*| Frank Sim pf.. , | Freept- Sulph

Gabr

Morse

»-

ow Gd

DD II DC OD ON pes sh FY wea

WIG RID ahd

fel A

| Gair Robt

Ste) of Taggart Cp Technicolor Un Gac Cp pf.. Un I4t&Pwr A. U S Strs 1 pf..

A} ~ 3 LOCAL ISSUES The following quotations by the Indianapolis Bond & Share Corp. do not represent actual price offerings, but merely indicate the approximate market level based | on buying and selling quotations of recent]

transactions, Stocks Bid

) 12% 8912 1% 6

Auto Invest Corp elt RR & Stk Belt RR & Stk Yds pfd Cent Ind Pow 77% pfd Home T&T Ft Wayne 7% ...... Hooks Drug Inc com 1 Ind Hvdro Elec 77 pfd ...... Ind & Mich 7% pfd...........

Good Good

Indpls Indpls Indpis P Indpls 127 Lincoln Nat Life N Ind Pub Serv §': N Ind Pub Serv 8% pid N Ind Pub Serv 7% bpfd “es Progress Laundry Co com..... Pub Serv Co of Ind 6°, pfd ... Pub Serv Co of Ind 77% pid... So Ind GXEA 4% Rig. «i 9 Union Title Co com. Terre Haute Elec . Van Camp Milk Co com. Van Camp Milk Co pfd . Bonds American Loan 5s 5i American Loan 5s 46 Citizen Ind Tel 4!25 61.. 10 Crabbe- mol Tavior 5s 42. . Home :T Ft Wayne 5% ‘ Home T&T , Wayne 8 » ” esd Ind Asso Tel 4'27% oo 10 Ind Tel 57% 60 : ‘i Indpis Raliea) 57 67... Inter T&T 53 Indpis Water 3120 boLLee Kokomo Water 577 58 .“ Kuhner Packing Co 4!27% 60...

% 56 Muncie Water 57 8f . Natl Silk Hosiery ‘Mills 55 42 Noblesville HLXP 612% 47... hio Tel Co .. Pub Tel Co ia Pub Tel 427 Re

100

103's Wo

Good Good Grah

| Granb)

| Gran ! Gran

| Gt

Grey Grev

Goebel.

ig . Electrie .. Foods . Mills

Motors | Motors k

Adolf .. rich rich pt year vear am- Paige ¥ oi d Union

“e » d Un pf .. 164

2 Granite C Stl. Nor Ore {Gt North pf .. Gt West Sug

. 18 : 254 28's 181, 1134

hound Cp hnd 5'2 pf

ya Sug .... 2% 2

pint ‘ 134 C

n r ‘s | Holland Furn

| Hollder ol Holly

& Sug

Son

Homestake

M&S

10214 Hudson Motor .

Hupp Motor

Ill Central | Ill Cent | Inland St

oo 1213 2

192% bb .. 42 . 87!

- PIRI BD pee

ot ww] CIV DD wf CIN TY OO CAD Cad CD UY CAD shi +

Close Change

wd BD pt pt on, ah. aw

= ld 4 Gh SRB AT EG AN

—

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pt pt 0 in 1313 183 UY R308 I www

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THE INDIANAPOLIS TIMES

FINAL NEW YORK STOCKS

By UNITED PRESS

PAGE 9

15 MOST ACTIVE STOCKS Net

Sales . (In 100s) [Lott .. 104 * | urtis-Wr

18]

“13 | BMT

[++]:

du *

bk.

1 i

L441 ++ +:

¥: iE

FEL REE

. p-—

1 1%

'¢ Us Steel | Rep Stl. '4 Ohio oil 1a Chrysler. 1, Gt N pt |G Motrs ! Penn RR Std Br'ds Com Edi Gt NO | Con Mtrs 1; Cons Oil 4

1| Stock

High 19% 10% 14% 68 4 63% Re54 27% 331g 2234 33g 31g 18 4

Low 1834 10 137% 655% Wy; Rl: Re 261; 5234 21% 5s 31 17% 3% Ts

187% 10 13% 657% 2 614 Ritz 2612 6274 Wig 5% 3s 18 4 4%

"| 60,000 shares last Saturday.

“+ +

Close Change |

1% | 4 1g |

| High

1 | Month Ago

a %

sales approximated 230,000 Yesterday 7% shares compared with 290,600 shares Week Ago 1, "in the short session a week ago. Month ARO ....ccoivveiciiss Curb stock sales were 71,000 against

‘sa a) | Interlake Ir 4 Tnt Argic

& It Business M

Harvester 4{Int Harv pf 3: Int Hyd El A . Int M Marine Int '2 | nt Nickel 4 1tP&P ee |Int P&P pt T&T

Ys | Int

: i o | FI

ro.

Fl] | +++]:

Fi +]:

Sg! + 3'2 Jewel Tea

|Johns-Man

: fiat S&F 0.37'2b . KSU Kan C Sou YN Kelsey- Hayes B

12 | Kennecott " | Kresge Ss | Kress

| Kroger G & B..

a |

's Laclede G*

# | Lion Oil Ret | Lig Carb . | Loew's ne ... Lone Sur ¢ Cem

Mining ..

84 +: 3

1614 i's

6la . 38%

.. 24%

267s

sn | Loose- w Bis...

Lorillar pe pf

Mack Tr

Marshall Pid .e Martin Gl ‘a Martin Parry... Mathieson .. Mav “ ror McGra McIntyre Porc | McKeesport Mead rp Mengel Menge! 1st Miami Cop Midcnt

| Midland a L pt h

Minne Moning Mo-K Tex | Mo-K Tex of... Monsanto

Motor Whi Mullins Mfg B. Murrav

| Myers & Br ...

| Na sh-Kelv Acme

Aviation ot

Central

Y C Omnibus NH&H .

No Amer pf des No Am Avn ...

No Pacific Norwalk T

Ohio 0il Oliver Omnibus arnibus

— Cd ht bt ok wT DS bt bb Tk et pt TY OF et $e

UES NOWRI dart TTDI DD rt +t 13 Ld DV DUN =I BIND be

14 57 5014

Lh) Farm Eq 212

ov 42 Owens ITI Glass 64%

! Pac Pac Coast Pac Coast Pac C 2 pt Pac | Pac G&El ... 2 | Pacific Mills .. | Pac T&T pf { Pac West Packard

Am Fish... 1 pf. Finance ...

Oil...

Pe 4% 223 . 13'% 123 32! 15° 1482 73 33

| Pan Am Airways 18

j Paramnt Pict Para Pic 2

'4| Patino Mines a Pen & Ford

Low

84 73

16% 7%

6'a 3814

Wo ada aA aw

“

Le tar LL Laterd I detent 2 > Ladd DWI DD ret +e RII UN ND J BIND pe I OH

ee CD Lr rae Cre CS GDC ANAEAB NEN EN >

ow »

Net Close Thshfe

11% 1.. 57! 184° Ta 33

34 58 373 12! 48 4;

Son rh L —_EO OO COV TY CD bt i nt - db pn »o ee

® ran

or mi sr nly Gd nl NBN ADIN D

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Chet ft hk wT RG bb bb NG ot ok ot TY 13 et bk

dai bl ad -

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3 GG

— Vo pt £3 pt ft 83

a AA FRNa ASE DP a aa

ft I. PASAT

Wat

CEE HERE 4

® War Br

4 Warner Bros | Warner

| Wilson &

| Yellow

Young

| Zenith

| sales.

1812.50@ 15

® Wheat—

3 ‘a .89'% |

: | December

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS veaeens 146.62 146.54 Cras Rtn t ante 148 64 . 152.36

40.08 + 0.85 40.17 —0.28 —0.07

Today Yesterday ...cooovnnennannnn. Week Ago Month Ago .......cen00 Year Ago . (1939), (193%)

155.92; Low, 158.41: low, 20 RAILROADS

121.44.

High 98.95.

Yesterdav

Week Ago Year Ago .. High (1939), High (1938),

35.90: Low, 2 33.98: Low,

SWINE PRICES AT STOCKYARDS

Decline Registered in 160

To 300-Pound Weights; Top Is $5.75.

15 UTILITIES

25.08 25.42 26.01 21.83 § 5.14.

0.01

| Year Ago -—0.10 | High (1939), High (1938),

Net Shenge a |

Close | Timken RB... 47, Transamerica {3 Cont : 20th Cent- “Fox.

Ld ca r= =e

1 1 3 Ta | la Tin Air Lines ... In Bisciut United Corp

tt C0 03 00 bt pt

— ODES NOI DWCI PIT =I BIT

ToS det 2k nO 3 BND aE

rivet ®Ne

21a vice}

1 | 1721S nl N= | Waldorf Sys .. T'2 ; Walgreen ... 20's Walgreen pf ww 94 § - Walworth 6 Citi] Ward Bak A.... | Ward Bak B..

Stores A... .

. 26 35s

Vietor Chem Va-Caro Ch .... Va IC&C pf 6'2 Virginian Ry pf H1'2 Vulcan Det ...

“Sw @ 2 a

Br pf.. Warren Br ‘a cv pf.. Wayne Pump .. Wes Oil & S.. West Pa El A W Pa El $ pf.. W Pa El 7 FP W PaP p West Auto Sup 3%, West Md Va

al No»

ta |

bt pk fh Cd rt ret DD BI 03 - 3 - an aN

Westvaco Westvaco 5 pf . heel Stee White SE White White White Sew M.. Willys Overind. W Overlnd pf. ea...

C WWI DIINS CO CONC rt oe ODD CO BD UY it wT CO CO wd IY i i Bn DD Cd I) rt LD 00 bt TY CD pt oY

4] al

—-

Wilson . Woodward Iron .| Woolworth .... 3B 1 2 Worthington ‘ 181% Wright Aero . 11 110 Wo

181% 124 123 47

| th

TF i Yellow T 2 Young S w Sheet

181% 124 112% 46'2

Va | 8 Zonite Ye

CHICAGO GRAIN |

CASH Wheat — Sample red, 91'2¢. Corn—No. mixed, 61'4c, mainly white; No. 1 vellow, 55'4@553%c: No. 2 yellow, 543,@55's¢: No. | 3 vellow, 54',@55¢c; No. 1 white, €2'4c: No. (2 white, 623;63'4c. Oats—No. 2 41'4c; No. 4 white, 38'ic; sample white 37@38'sc: sample mixed, 37c. Rye— Barley—Illinois malting quoted 49 feed, 32@d43c. Sov Beans—No. 2| yellow, $1.08!2; No. 3 vellow, $1.07';; No. | 4 yellow, $1.04; sample, $1.05. Timothy | Seed —[email protected] nominal. Red Clover— | nominal. Red Top—$8.50@ 9 | nominal. Alsike—$14@ Alfalfa, $17.50 @22.50 nominal.

| rn {

RANGE

@49c;

Prev. | 6 Close $.93 89% .86%%

High Low

(December ‘ + 333 $923 $.92%

.86'2 86%

523, LY 54%

53% | 54!

| T 543,

Oats—

| December May July Rve— | December .... . Ray ..... 5 July | Soy Beans—

| December BY i...

39 37% 33%

381; 3714 33%

55%

57 56% |

| December .... | January .

31160 pounds 25 cents under the close | senting Beethoven's first

{llast week as the result of sharp | chorus as an auxiliary of the sym-|

: 900 900. 1100

| @5.25.

| a0. 50: bulk $7.75@ 9.50;

Cas | .89'4 | late Friday

| litle changed:

“hay | Pure 05 pf ..

Penney ibe § Penn D Cem ... | Penn RR 2 Pere Marquette. Pere Mat pr Bt Pet Corp Am Pfeiffer-Brew

{March

»o a - ea

Cd ht NS Ct OD Cd} Dm] 00 I = T CD NIH Ca 0) TY CD CD et CD wT in G3 0) ~ an CII Dn rr DC =I DA OTD INI CCI DO CD rt UO wT in 3 =F TO IY INI 13 C3 BS OT be r 22 pb SG Eom NEN.

LOCAL GRAIN

CASH receipts, 2 carloads; he 2 red, 87 asia 2 hard, 85'a@m

38 carloads; 2 3 yellow, 453;@ 443,@46'4c; white

w w —

hy rT No. 1 asin 2s $ W Va.. | Plymouth Oil .. Press Stil Car... Protter 8. G.... 6312 Proct & G pf...118 Public Serv “un 1. Pub Serv 8 pf. ‘ 's Pub Serv 6 pf.. Pullman . ... Pure Oil

No.

Corn—Easy: receipts, | yellow, 463, @48'4c; No. Tac: No. 4 yellow, con, T'2@8'2¢ over yellow; mixed corn, 12@2%e¢ under yellow. Oats—Steady: receipts, 1 carload: No. 2 s | White, 38'2@391%¢; No. 3 white, 37@38%%¢.

A AN ANE DT ame

Dre BI LIOS

WAGON WHEAT

Jnflanapoiis grain elevators are naying for No. 1 red, 85c, subject to market hange: other grades on their merits. Cash

Ravonier corn, new No. 3 yellow, 45¢. Oats, 35¢.

Ravyonier pt Reading Rem-Rand .. x i Bem-R pf ww.. ! 57 + 3) eo Mot T “3 ® Republic Sti : * | December

WHEAT

{lose $.75%% 8014 8112

WINNIPEG

‘8B

Prev Close $.76'% .80'2 812

Low $.75%% 801% Republic Stl pf ¢ “es 81's Revere Cop ... 4 7 7 Ya | Bere ‘is 1 | eyn Met . ve | . Reyn Tob 2 "| Incorporations Reyn B.... 39 cease | Richfield oil .. «vv. | Terus Jewelry, Inc. 614 Broadway. Gary; | Roan-Antel .. | agent, Michael Terus, same address; 50 | Ruberoid shares of $100 par value; jewelry business: Michael Terus, Max Bayles, Basil Clark. Salem & Tuerff Tire Co.. Inc, Indianapolis: change of agent to Max M. Plesser, 130 BE. Washington St., Indianapolis D. C. Lavengood, Inc., Wabash; lution. Vibro Electric Products, Inc, N. W. Cor. 5th and Main, Brookville; agent William | L. Chambers, same address; 2500 shares | no par value; dealing in metal and textile | materials, leather goods and equipment of all kinds: G Rogers. Helen V. HatId, L. G. Torkelson. The Owl's Club, Inc., of Bremen: capital stock; social: Melvin E. Ty | Robert Widmar, Lilly Tyson. Salem & Tuerff Tire Co., Ine. Indianapolis; amendment changing name to Salem Tire Co., Inc. Choiee Flavors, Inc, Atlanta, Ga istration of trade-mark. ‘Sun Spun,” | 44: non-alcoholic beverages. Davis-Birely Table Co., Shelbyville: solution by decree of court. Morrow-Gray, Inc., 116 E. 8th St., Connersville; agent, Don K. Gray, 403 W. 3d t.. Connersville; 100 shares of $100 par ng automobiles, tractors and 4 orrow, Don K. Gray,

15! Safeway

disso-

Scott Pap of. ch 8 eab Air

ab'd Oil Roebuck. & D

tol »

' if

hes le DIN GND

PAA rir id

ENN Dr

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value; sell accessories; R. Roy D. Morrow Jr. Utility Corp, 119 E. 16th St., Indianapolis; agent, Harold Shapiro, same address; 20 shares preferred of $100 par value and 100 shares common no par | value: wholesaling and retailing air conditioning and heating and ventilating uipment; Harold Shapiro, Frederica Shapiro, Joseph Calderon.

Phi Alpha, Inc. 9 S. E. 2d St, | ville: no capital stock; fraternal; Frank M. Fish, Russell L.

-_ - NN

Han FR BEAD BENDA ae he

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ry he Eas

John R.

Dan WDD IN

: 8 §

vming-Gould ..

. Inc., Cincinnati, e registratie” of *iraqemark bran a | “Mountain .aoonlite Brand American 13 | White Grape Wine,’ Class 48: wines. | "South Bend Shrine Club, Inc. 107 Lincoln Way East. South Bend: no capital . | stock: social and fraternal: W. Jack Mam13 | by, Conrad R. Adams, E. B. Murphy and 21's 34 (others.

| Tenn Corp a Texas Corp Tex Pac LL T Thatcher

PROPERTY MANAGEMENT Serving Both

LANDLORD and TENANT Rental Department

THE UNION TRUST COMPANY

No. |

Evans- |

Basham

on weights ranging from 140 to 300,

Service reported.

| Other weights were steady to 5!

‘cents lower. Top price quoted |

| dropped to $5.iC on the 160 to 180pound division. The decline put most hogs above |

|lusses early in the period.

Repts.! Nov. 14,000, 30 ... 11,995 Bee: 1540

i 8 ..os

Gilts | Packin IGocd and

Top Repts. i 85 9305 | 301

5.75

Sows Roice- $ 5.10- 5.25

eS w D1 FP w

5.455. 4.95-

4.90- 3% 4.85-

! 4.75- i ‘20 | Medium — 250- 500 4.60- 5.00] Slaughter Pigs ol Mogiem and Good— 12

iN -1-3 01h C y

330 | Medium — 330- 360. Slaughter Cattle Steers Choice— 750- 900 $ 900-1100 1100-1300. 1300-1500. Goud-o

5.50 5.00- 5.45

ills esCluded 1 50

. 6.25- 6.75 | Medium . 5.75- 6.50 | Cutter and 0; Common 5.00- 5.751 50 Vealers

Bu J | yearlings

» tt cd

N% mooo ©od

-2 a>

WD -IDI NOD OoOLMID

1100-1300. | 1300-1500,

“1D UN -d

Common and medium. 7.00- 9.50 Cull 5.00- 7.00 Feeder, Stocker Cattle, Calves (Receints, 50) Steers

9.00-10.00 8.75- 9.75

8.50- 9.25 8.00- 8.75

7.00- 8.25 as’ 00- 7.00

1100- 1300. Cammon~ 750-1100 6.00 7.75 Steers, Heifers 0.5 Choice— 10.50-11.00|C 500-800. 3 So 10.50 800-1050.

19 500- 800.. 10.25-11.00 od. 1050. .

ledium-9.00-10.25 . 1.50 9. lS 500- 900

Co Medium ang ws 730% c00d .. "8 5.50. 8.05 7.00 Calves (steers) 62 Good and Choice— 5 "500 down § 9 2511.00 Medium 5. 50! 500 down ws go. 9.25 4.50 Go gatves (heifers) I 500 gown $ 8.75- 9.75

Mediu 500 down 7.50- 8.75

SHEEP AND LAMBS (Receipts, 30) Lambs

00d— 500- 750 H

Chol 750- 900.

Sood ... s6 25Medium 5.50Cutter and

cutter). 3.50-

Good and choice edium and good | Common : Ewes (on shorn basis) Good and choice ......... | Common and medium ..

CHICAGO LIVESTOCK

ogs—Receipts, 500° very little action on | limarey salable receipts: big proportion of suppiy International Show carlots: one around steady: good and choice light | Fas very scarce: few 270-300 1hs., $5.20 For the week: Receipts largest of season! part of early 40-cent decline reained. closing 10 to 40 cents lower: light | 0gs relatively scarce: top Tuesday. $5.55: lowest since 1934; closing top, $5.80 Cattle—Receripts, 400; calves, 100: market | nominal; for the week vearlings and strictlv good and choice light steers strong 2 25 cents higher; weighty steers off to 50 cents: strictly good and choice heifers steady, balance weak lower: cows 25 cents higher; to 50 cents; vealers off cents: Show rejects. $10 5061 11.50 vearlings; best, $11.75; | lings topped at $11.25; vearlings, $8.5064710.75;

bulls up 25 International on steers commercial bulk steers choice heifers, fat cows, $5.50 sausage bulls to $7.25, vealers, $10 early, late

1500: market lambs mostly steady, imconsidered: other classes lamb top. $9.25: bulk #8.85 vearlings, $7.25@ 7.90: native cwes, 5) [email protected]; for the week lambs, 25 cents { lower; top. $9.50: closing top. $9.25: bulk | lambs, [email protected]: best vearlings, $8.25: slaughter ewes. $3.75@ 4.50,

OTHER LIVESTOCK

CINCINNATI. Dec. 2 Salable, 300: total, 650: | Limited supply S2labie | represented weights [100-225 1bs., $5.75: |1bs., [email protected], Sheep—25.

FT. WAYNE, Hogs—10 cents | 180-200 Ibs. 1240 lbs

: few to $725: ars 86.257; top. $9.50 Sheep—Receipts, fat proved quality

nominal;

9.10:

(U. P.).—Hog holdovers S00 about steady on Top, $5.85; few late others, scarce; 100-140 Cattle—150. Calves—50

Ind. Lowel 85 55; $5.35:

‘ 8: § stags, $3.25;

$10.5 $8.75.

LAFAYETTE, Ind. Dec. 2 (0. P) vi, ket, 10c lower; 160-200 lbs., $5.50@ 200-250 lbs., $5.25@ 5.50: 250-325 lbs., 520; pigs. $550 down; roughs, down. Calves, $9.50@10. Lambs, down.

U. S. STATEMENT

WASHINGTON, Dec. 2 (U. P.).—Government expenses and receipts for the current fiscal year through Nov. 30, compared with a vear ago: This Year Last Year ..$3.878.139,125.71 $3,658.928,181 99 Receipts... 2175.093.265.48 2,222,791,416.64 Gross def.. 1,703.045,86023 36.136,765.35 Net def... .692, 714, 310.23 1. ‘419. 837.615.35 Cash bal. .165,527.577.66 2,447, 348,522.00 Work. bal. 461. 707,132.02 1,827.541,503.52 Pub. debt 41.,305.056,749.64 38,603,351,.360.66 Gold res.. 17,358 283,663.97 14,311.863.::50.14 Customs. . 149,803,247.88 138,498.380.42

calves, lambs,

Expenses

| INDIANAPOLIS CLEARING HOUSE

f Sicatings Ehecivbsuseiputtisrusy $3,967,100 bits 8,18%.000

SIV. R13, 000

Clearings 48,201,000

Debits

LICENSES is

DROP 10 CENTS

x Tor Repts.

oo | O'clock, NBC-Blue)

5.00- 3.5) 5.05

under- |

to 25 cents |

ON THE

TOMORROW

11:00—Radio City, NBC. 2:00—N. Y. Philharmonic, WFBM. | 7:00—Charlie McCarthy, WIRE. | 8:00—Detroit Symphony, WFBM. | 9:30—Information Please, WIRE. 9:30—Beethoven Cycle, NBC,

"GOOD MUSIC" By James [hrasher | Tonight Arturo Toscanini and the [S80 Symphony Orchestra end their, | Beethoven cycle with a broadcast | from Carnegie Hall in New York.

Hog prices slumped 10 cents at The program includes the Fantasy sion talk from New York.

Hom he Union Stockyards here today for 6

Piano, Chorus and Orchestra, |

and the Ninth Symphony. Soloists for the Symphony will be |

+ +0.02| pounds, the Agricultural Marketing j,.mila Novotna, Kerstin Thorborg,

|Jan Peerce and Nicola Moscona, while Ania Dorfman will be the pi-| anist in the Fantasy. The Westminster Choir will be the choral] body in both works. The Fantasy is a seldom-heard| { work, composed in 1808 and repre-| use of.

| phonic unit, a practice which| | achieved an impressive fulfillment | in the Ninth Symphony. | Following tonight's broadcast (9 Mr. Toscanini | will turn over the podium to guest | conductors. First of these is Desire Defauw, the Belgian conductor, who will make his American debut via | radio next Saturday night with an all-French program. 4 #4

“Musical surrealism,” which might mean anything but probably doesn't,

is the tag hung on a new work to & Yealers (Receipts, 50) | be heard on tomorrow's Radio City chestra also will play the Sacred

Music Hall broadcast. It is the | Little Symphony by Erich Zeisl, a | Viennese lately come to this country. | The Little Symphony is inspired, | ‘the composer tells us, by the paintings of a l4-year-old mystic, Ros-

may remember reproductions of] young Fraulein Bitterlich’s works in| American magazines. If so, you will also recall that they were definitely on the macabre side. Also on the program will be Mozart's “Figaro” Overture; Zador's “Czardas” Rhapsody, and the second and third movements of the ”

INDIANAPOLIS WFBM 1230 (CBS Net.) Kaye's Or. Duchin’s Or.

Scholarship

Home Edition Santa Claus Uptowners Scoreboard

Stairway

What's Art European News

RADIO

Tschaikowsky B Flat Minor Piano Concerto, with Henrietta Schumann as soloist. ” ” ” The New York PhilharmonicSymphony Orchestra, currently winding up its tour, will be heard

from Utica, N. Y., at 2 p. m, tomorrow. On the program are Weber's “Freischuetz” Overture, the Symphony No. 5 of Tschaikowsky, and Respighi’s symphonic poem, The Fountains of Rome.” John | Barbirolli will conduct, with Deems | Taylor giving his usual intermisA week from tomorrow, the orchestra will |be back in Carnegie Hall. ” on o

A bit of jive will be injected into (the staid and familiar rounds of the “Sunday Evening Hour” tomorrow night when Wilfred Pelletier conducts the Detroit Symphony Orchestra in the Pavane from Morton |Gould’'s Swing Symphonette. Helen Jepson will be the soloist, “Ah, fors e lui,” from Verdi's “Traviata,” will be the most substantial |item on the blond Metropolitan |diva’s program. And Mr. Pelletier’s | offerings will include music by Beethoven, Laurents and Chabrier, in the non-swing category. | n ” ”

Frank Black, an inveterate novelty hunter, has another one for his NBC String Symphony broadcast at 1 p. m, tomorrow (NBC-Red). It is a |string orchestra arrangement of Beethoven's piano variations on “La ci darem la mano,” the duet in Mozart’s “Don Giovanni.” The or-

and Profane Dances of Debussy, for harp and strings, and Sibelius’ Romance in C, #8

Tomorrow's broadcast of the New | Friends of Music concert at 5 p. m,,

”

9 s 0.50-10.50 | Witha Bitterlich, also of Vienna. You | NBC- Blue, will bring listeners per=-

|formances of two Beethoven works, [the E Flat Quintet, for piano and wind instruments, and G Major | Trio, and Mozart's Quintet for piano and winds. Assisting the New Friends of Music Orchestra will be Helen Tesche ner Tas, violinist; Fritz Magg, cel=llist, and Webster Aitken, pianist. ” “

THIS EVENING

(The Indlanapells Times is not responsible for Inaccuracies In program ane nouncements caused by station changes after pnress time.)

INDIANAPOLIS RE 1400 (NBC-MBS)

CHICAGO WLS WENR 870 (NBC Net.)

Child's Or.

Hawkins’ Or, ”n "0

CINCINNATI WLW 700 (NBC-MBS)

Organ Time Truly American

Ed Thorgesen McGee's ,0r. Children’s Hour

News Baker & Denton Jamboree

Novs, Ensemble Ayre

Or. Gay, Ningties

2 ;MPuD

Dick Reed River Revue Milton Berle " "

Gang Busters

£3

atast| aoa! wooo | ames ar = ns >

Wayne King

Ho or

What's My Name Valley Folk

Israel's ,Message

News Sports

Barn Dance Yoyih v3.

Jamboree

Age Milton Berle

Hit | Parade

Arch Obeler Death Valley

| ”

Serenade

i SOUS

Singing Cop Music Accent Public Affairs

Caravan What's My Na

id — dw

Barn Dance Barn Dance ”" " " " ” ”»

Jamboree Caravan ”" ” ” ”

me Frolio Renfro Valley

News Little's Olsen's

Yan's i Or. Reynold: s Or

or. Or. ”n

lm lew

Varieties ”"n ”»

Pater Grant

Rubber Ball Chester's Or. ”n “"

5( 11: Columbia Club |

T. Dorsey's Or. ” ”n

Randolph's Or. Schnickelfritz B, Moon River

Silent

Tucker's | Or.

soe

James’ Or. ” ”n

Ee on

Or. Or,

Agnew’s ,, Ore Waller's Or, ” "n

Roberts’ |

Cummins’ ” "”

INDIANAPOLIS WFBM 1230 (CBS Net.) Silent

7:30 Tone Pictures 1:45 Wom

SUNDAY PROGRAMS INDIANAPOL WIRE _ 1400 (NBC-MBS)

IS CINCINNATI NBC MBS)

Church Forum

INDIANAPOL 18 WIBC 1050

Gospel Hour

8:00 8:15 8:30 8:45

Christian Tom Terriss East Side Chur

European News Scie Bob Edge

Jordan

nee Hour

Halleluiah 4 Tabernacle

Children's ”» ”»

” ”

9:00 Norman Cordon 9:15 Band Music 9: 30 u. mM. B. Class » ”»

Olea Felg L u. Program

News Neighbor Nell Crystal Hour Maj, Bowes ”»

, Their Services ”"n ” “”

Poetry

Singer & Songs Masica

Ne Kidoodlers Musicale,

Hit ,Revue

Serenade King of Swing

Bihle Class

You Only Agency Series

Sunday Caller Cadle Choir Mugsio Hall

Reflections

Curtain Raiser

Rhvthms Musio College

erenade College Circuit Ensemble Secretary Perkins Democracy

News, Rhythm

Philharmonic

News Lutheran Hour Family Party

Rearmament Concert

Divorce 5 Master Mind Nat'l Vespers

Kirk-0

Castletime Review Sports Organ Christina Bowden

With Flowers Man On Ice State Schools

Fr. LL

Coughlin

Hollywood ” ” Smoke Dreams Roadside, Church Agriculture News Glee Club Mysteries Aldrich Family

nnn - lim 52335333

Hohbv Lobby Ben Bernie ”» » Silver Theater Hollywood European War Scrgen Guild

Vagabonds Pick of Town Spelling Bee

Catholic, Hour

Neighbors Jack Benny

News Your

Bandwagon

Serenade, Silent

CHICAGO WLS-WENR 780 (NBC Net.) Herbeck's Or,

Mr, D. A.

Steelmakers ”n n Spelling Bee ”n ”

Sherlock Holmes Grouch Club Jack Benny Mr, D. A.

aladnbed ! ana

oD | mom S353 5353

Ellery Queen ”» ”»n

” ”»

Chas.

” ”

McCarthy

” ”

Revival Hour

McCarthy

Chas. ”»

xwnx! PINT | DIT

BY HOLIDAY STANDS

State store licenses must be ob- | tained by persons who conduct stands or stores for selling merchandise during the holiday season, Gilbert K. Hewit said today. - Mr. Hewit, state gross income tax division and store license division no| director, said licenses are needed | for the sale of candies, nuts, Christmas trees and other specialties. If the store or stand began operation after July 1, the half-year rate is applicable. If more than one store is operated, a graduated higher license fee is required.

Sensational New Radio Show dramatized by famous writers. Not a serial. New Show Each Week.

Sunday, 2 p.m. WIRE

Presented by SCHNULL & CO.

PHOENIX | FULL-FLAVOR COFFEE

St VACHUM PACKED IN 4 GAY NEW

-Opaning. Blavor-Saving, tnimn

Sunday Hour » ”

Orsen Welles

Manhatan Album ”" ”» Hour of Charm

Info, Please

Winchell Family Bill Stern Concert

City on Parade Cheerio ”

Walter Winchell Parker Family rene_Rich ob Becker

Hour of Charm LL ”

Cummins’ Or.

tt | tk m—m——| 3233] — | LD d= | ro S853

=z oD IR Txnx wi 5353 | 53: St

Tk | ht - or

News Jenny's Or. Owen's or.

wr Sullivan AImgtrngs Or. Glen Gray

Pearl's Or. Tucker's Or.

MDIANAPOLIS WFBM 12 (CBS Not Early Pieir

News

Freddie Miller Livestock Show Melodies Miss Julia

Kitty Kelly Myrt & Marge Hilltop Stepmother

Lanny Ross Brenda Curtis Big Sister __Life_S Stories

y Kate | Smith Girl Marries Farm Circle

Fam Bureau ews

Kitty Kee Shoppers Glide

r. Susan Club Federation My Son « 1 Jovee Jordan

School of

News Miller's Or. Varieties Recordings

Sander’s Or. Woods’ Or. Wintz* Or.

Agnew’s Or. Kassel's Or. Herman's Or. Martin's Or. Recordings Waller's Or.

MONDAY PROGRAMS

INDIANAPOLIS WIRE 1400 (NBC-MBS)

Dawn Patrol Markets

Dawn Patrol

News Citv_Todav Kitchen " Editor's Daughter Man I Married a

in Woman in White

Navid Harum Road of Life Against Storm Guiding Light

Sam Malone

Singin’ Dr. Headlines Linda's Love

Farm Hou Markets, Renorter Voice of Exper,

Betty & Grimm's Valiant Ladv Church Hvmns

Marv Marlin Ma Perkins Pepper Young Vic and Sade

"Weather

Bob Band antes arin Bros

INDIANAPOLIS WIBC 1050

Devotional anch Gang

Breakfast Jam

Coffee Cpe Hits Fashion Devotionals

Reflections

Dr. Swin Char Bnrtes Shaoming Guide

Friendly House

Govt. Reports Castletime

Food Program Blues Chasers School for Brides Bov & Girl

Home Folks Ranch Boys Bill Jones Revelers

Box

mber Please?

Pianorama Community Corner Concert JHour

Petey Grant Castle Farm or.

Moffitt’s Or. Moon River

James’ Or. Randolph's Or.

CINCINNATI L 00 (NBC-MBS) Mornin’ Checkerboard Time to Rhine

Gospel Singer Pioneers

Can a Bla

Flottignts Beautiful “Lite

Man 1 Married Other Wife Plain Bilt Happiness

Jinda’'s Love Road of Life Tena and Tim Guiding Light

Woman Speaks O'Neills Farm Hour

Ellen Randolph Editor's Daughter Voice of Exper.

Betty & Bob Grimm's Daughter Valiant Ladv Church Hvmns

Marv Matlin Ma Perkins Pepper Young Vie & Sade

__ Smilin’

4:45

UBS—=WABRC,

Hoosier ,, Talent Santa Claus Ed

Kathleen Norris Golden Store Hollvwood Scattergood

Backstage Wife Stella Dallas Lorenzo Jones Widder Brown

Girl Alone

Dessa Byrd

Music Master Singers Old Ref uns Bandstana

Jamboree Silent ”"n

Backstare Wife Stella Dallas Against Storm Miss Julia

Kitty Keene Midstream Jack Armstrong Silhouettes

KEY NETWORK STATIONS (Subject to change):

860;

WIR, 750: WHAS,

820: KMOX, 1090; WHRBM, 770.

NBC-BLUE -WJ2Z, 160; WOWO, 1160; WLS-WENR, 870: KWK. 1350. NBC-RED—WEAF, 660: WTAM. 1070: WWJ, 920; WMAQ, 670 MUTUAL=-WOUR, 710; WHK, 1390. WHKC, 640; CKLW, 1030; WSM, 850.

y—Michigan. NYT 354 65¢c. Spinach | T Haute Water Wks 52% souri, by 50#85¢. Onion market Richmond Water Wks 5% exe) aa pont ellows, 5c. ! T Haute Water Wks 8% “o Tract Term Corp .uveennnns.

2 | fntpiratn Ces: . 133% 13% { RT « 33 334 AI 10 39! $7% Interchem pf . 10%

| CAPITAL & SURPLUS $3,000,000.00 RSs

...100-% .+.103% : dy «Ta

3 gltorn. buchel $2 7542 90 a