Indianapolis Times, Indianapolis, Marion County, 13 December 1939 — Page 19

WEDNESDAY,

i John T. y Flynn

NEW YORK, Dec. 13. ~The Congress of American Industry, meeting in New York, sounded a favorite note with businessmen. It was this —free enterprise is essential to the recovery of svetem.

the present economic

Therefore. free enterprise must be restored and protected. But what do businessmen mean by free enterprise? The capitalist System. bevond all doubt, must be a free system. That is, while men must be restrained from committing abuses against each other, there are certain functions which must be kept free or the system will die The most important of these free functions is the flow of investment The next most important is the subject of price. The next is the subject of production. The next is the subject of credit Strangle these and you strangle the whole system. To stifle a man you do not have to seize and compress his entire bodv. Leave him free to kick, to swing his arms, to wriggle as much as he pleases, but put your fingers around his throat and keep pressing and he will collapse. 5

NOW FROM WHAT quarter have come the greatest attacks upon freedom of enterprise? The popular theory with businessmen is that 1t is from the Government But this is not so. The greatest constraints upon free enterprise have been put upon it by organized business groups themselves, If 1 am a dealer plumbing materials supplies and can not sell to an) save those authorized bv some private combination of businessmen I am not free. If I am a plumbing or masonry or plaster or tile contractor and cannot make bids © jobs without submitting them to some central authority, IT am not free. 1 dare not use materials from anv manufacturer dealer save those listed bv my association. Of course in theorv 1 mav refuse to abide bv these rules but my associates will quicklv kick me out of business, This is not free enterprise. Men dare not invest in such trades without sanction of their colleagues. Men dare not expand production. Prices become stiff Competition becomes a mere hame. All freedom in such enterprise is vanished. And this attack dustry originate carried out, not hv but by businessmen

y =

lumber on electrical

in or

in-

upon free with and the Government,

» * »

WHEN THE Government steps in and seeks to end the restriction under the that is called Government interierence. But it is not It is an attempt by Government to! put an end to interference. It is an! attempt by Goveinment to protect | free enterprise from the assaults of business

For 70

law

ul ul

vears the battle has gone or $5 protect free enterprise. with the Government on one cide and business on the other. Up fo a short time business leaders were speaking with contempt of the oldfashioned Government that still sought to maintain antiquated antitrust laws designed to keep business from clamping down on freedom of enterprise It business wants to strike a blow for free enterprise it can do =0 all bv 1teelf and without car¥ving on anv drives against the Government

LIST UNDERWRITERS FOR UTILITY ISSUE

Halsev, Stua & Co. Inc. Chi- & cago, heads the list of underwriters for the Public Service <€o. of Indiana refunding pressam, according to the amendment to registration statement filed in Washington with the Securities & Exchange Coimmission The utility plans to refund its enbonded debt bv issuing $38.onh nnh of first morteage honds due on Sept. 1. 1969. and S$10.000.000 of <erial debentures due from 1940 to 1049. The principal nwnderwritten and rial debentures underwritten are Stuar Co m 12.8300 per rent dehentu Freres Cn <1 T50.AMN honds gent debentures: 6) Forgan G Becker & Ch. In Co ne Harris 1 19% Han bonds. 2.961 pach: A All honds, 2.632 1 €o.. Inc. Biv on & snd E

ago

tre

Af bonds percentage nf

each maturity

amount a far

+ Ther

47 res zara

4 80% ner

Halse x SRL hand A Are ner cent debenture Co.. Inc.. >1.000000 debentures: Blair &

~N Ing Eastman

Dilcorn $900,000 tures each Laden’ Yerg rothers, Otis & nd Stone & £700.000 »Honds each; Shields 79 de-

H Thalman & Paine Jehster 1.842 per nt & Co. $800.000 bentures ner & Co brook & Co ham Parsons

Esta-

Peabody & Moseler Schroder Am->ricen th

. Inc

& Co Arthur 0. Swiss

Rockefeller . (UN Securitic onsin ‘Ch $500 000 debentures the Tilnois Sil

A ne 1.316 ver Whindle & , Newton Minton C White, Weld Stubbs. ne debentures Hornhlower Tucker

corp bonds Co. o

w vole: Dickey Cn LINN NnN0

Chr Mullane: A Dickinsan Srhwahacher Tne. Thrall Cn 2200 00D Demnser. Marrs Aeheantares

Corireiney icnlance Co BH Waller & Hehenty each Charles x 83

ures and

Cn $100 AAD

Tre hands

PAN y PRICE IN DEX NEW YORK. Dec. 1R (U. P.).—Dun & Bradstreet’'s daily weighted price index of 30 basic commodities compiled for United Press (1930-32 average equals 100) Yesterday Week ago Month ago Year ago 1939 Nigh 1939 Low

« Dec. (Julv

12)

24)

EEE

101.40

DEC. 13, 1939

WHEAT HITS $1: COTTON GAINS; STOCKS HIGHER

. Reports of Drought Spur Buying at Chicago: Bonds Ease.

Br UNITED PRESS Heavy buying on official of widespread dought the grain belt to new highs at the opening nn the Chicago Board of Trade todav December wheat sold at $1 a bushel. the first time any wheat future had reached that figure since October. 1937. Wheat was up 1'< to 21 at the start. corn was up x to cent. oats up to 'y cent. rve to 1 cent higher. and sov beans '! to cent higher Stocks pushed forward fractions to almost $2 at New York with steel. motor and aviation shares leading the rise. Trading was moderately active after a quiet opening. | A. T. & T. reached a How high for the vear at $170.50, up 25 cents. Brooklvn Manhattan Transit and Columbia Broadcasting issues also reached new peaks for the vear. Cotton futures established new seasonal peaks in early trading on gains ranging to $2.05 a bale. but receded sharply from the highs on profit-taking. Late prices were up as much as $1.15 a bale. Domestic corporate liens firmed, but United States and foreign Government issues eased in quiet forenoon trading on the listed bond market, Curb higher

reports in lifted wheat

cents 9 a

stocks turned irregularly in moderate dealings

A&P TO DISTRIBUTE $35,000 BONUS HERE |

A Christmas bonus 6f more 235.000 will he paid emplovees of the ‘Great Atlartic & Pacific Tea Co. in the Indianapolis unit, J. A. Lindgren Jr. vice president in charge of the unit, announced todav The that of

than

is more than doubl: Mr. Lindgren said £1.500 000 Christthroughout the in the nation. said those eligible earning less than & $5200 annually and who have been with the company more than six months. The Christmas bonus is in addition te the recentlv-announced $25.000 free insurance grant extended to A. & P. emplovees in the HERspoNs \ unit

honus last vear It is part of the mas distribution company’s stores Mr. Lindgren are emplovees

Cur b Stocks

Low

Net Last Change 13% 1

MNS

CS “i »w ow

ASAI NID

Bellanca Brewster Cent & Childs Cities r Cities Sem Col oe Com

Con

An w

"¥

Ser:

Coppnerwld Courtauld

“9

Lo ds

DDD NND eB

“3 IDA ND at BD -

Jones MceWms Nat Nat Cy

P&L 1 N Zine Niag H Pw; No Am L&P No Am L&P 71 No Ind PS 6 71 Pennroad dagEalt

— ann

I Berahol Br en Borg- Wallner Chicagn Corp Chrysler Comwith Edi Elee Hotusehe © Fair Man 1k Morse Gen Motor < Ka Droge Manh- Dear Ni We Nohlitt Pines

ANd 0D pr wd en

Corn Spark Weront Stan Dredginz Wiehnaldt Stare

Incorporations

Home Development Corporation, 2, Jeffersonville: agent. Wiiter E Red Men's Bldg Tefforsonville common nf S100 ; Wilbur TL. Loftus A, Peak Warcarwit, South Re same address real estate C. Harring Co-operative Auto Sonth Bend. dissolution Dorchester Realty Corporation. 629 Circle Tower, Indianapolis; agent, William E Shumaker m e addres 1000 shares » S1 par real estate; Herman A Shumaker Pred I. Shumaker, William E Shumaker

RR Prentice, 250 shares al estate Porence

Ine B11 J MM. 8 Bldg agent. Woodson C. Car lisle, 3% shares of £10 par value; Woecdson 8 Carlisle, John John M

f re

Villa

Corporation

WAGON WHEAT

rain 91ec.

Indianapolis tor No. 1 red change: other corn new No

elevators are naving subject to market grades on their merits. Cash vellow, 45¢ ats 33¢

2 Guant '

> Insviratn Con

THE INDIANAPOLIS TIMES

PAGE 19

Business at Pre-Thanksgiving Level

JAN. FEB. MAR APR.

Returning to the highs weekly husiness index stood at 102.5

Net Chupie

—

Adam: Mil Alr Reauc Alaska Jun Allegh Corp Allica Stores Riis Chal Am Snoe Am Phatnee Am Com Alc Am Hide&L Am Home PrN m Mach & Fdy Am Rad & SS Am Roll Mill Am Smelt Am Stl Fdies Am Sugar Am Sugar pf T&T Tobacco ob B Water W

wpa © Dre:rea 2

[SF Lio.

ol. tp

KNOY pum aren

——n

ht Ll OND in OF

Am Am An Am Anaconda 30 Armour Il pr pf 4 Asso Dry Gds Atchison Atchison nf Atlas Corp Atlas Pdr

Aviation Corp

Bald Loco ct Bangor & Ar Barker Bros Barr ri } Ind Loan

DISH Dro a1ti «1 el am EE ES LIOININI md pet SAID 0d I wi

Boeing Air

BITS I 0S

Rote: “Warne: 5

Brin Budd BKiyn Badd

% Gas Yh eg nf T oh eel ngt on M

LULL

Callahan Calumet Campbell Canada

Celanese Cher Corp Ches & Ohio Ch M St P&P Ch M St P&P nf Chi & NR pf Chi Pneu T Clirvsler Cleve Granh Climax Moly Colcate-P-P Col & So 1 pf Col Broadcasi A Col Broadcast B Colum Gas Com Inv Tr Comwlith Edison Comwlth & So Cons Aircraft Cons Edison Cont Can Cont Mot Cont Oil Corn Prod Coty Coty Inter Crane Co

Crown Z

SK AN AnD

a Pl UF dend of

»arnm

BIDS ra LIS AN Tm] =]

LIU nItd » os nv » oa

NII SW SA IRILI EI DW rt rh rt BNI Bal | md Bt

Del

El Pr) 3 Drs Sad a ot a beg

Curtiss-Wy

- aa

L303

Douglas Du Pont

Du Pont

i 0D ~) wld = 03 IONIAN NBII

3 n

351% 33

35% 33 wy 55 113% 39" 4655

Florence Stove Freept-Sulphur

53 11% 39% 465: s

Am Tr Cable Electric Foods G>n G&E ) Gen Motors : 1 Motors pf 123 Refract

Gen Gen Gen Gen

Goodrich Goadvear Graham-Paige Greyhound Cp Sug

Hazel At Herc Pdr Houd-Her B Houston Oil Hupp Motor

al =

Ind Ravon Inland Sti

- a

ADDN ND es a IID

Intercon Fuh Interlake In Int Acrie Int Harvest Nickel P&F of T&T T&T For

- 3 oe ot pt Cad 1 a) - 3 ta ew

Net 3 en

Kalamazoo S&F Kan Sou Kan C Sou pf Kaufmann DS Kennecott Kresge SS

Lee Rub Leh V Coal Lehman Lige & Mv Link Belt Loft Inc Lone Star Cem Loose-W B 5 nf 108%, Lorillard 23 Lou & Nash 57 Lockheed Aireft 313, Madison Sq G 11% Maracaibo EX 1% Marine Mia 5 Mark St _Ry Y aa

ONO DO III

— pt LIN BID ht LID 0D

| ta a TES

—

”

Sales of Indiana Farm | Products Higher in Month

WASHINGTON. Dec. 13.—Octoher receipts from the sale of farm products in Indiana this vear were $4 605.000 greater than in October. 1938, the Agriculture Department reported today The difference. however, is largely accounted for bv the increased Government pavments for the month. In October. 1938, these payments amounied to but $297.000. while in October. 1939. they were $3,379,000. Total receipts, including ‘Government payments, for the 10-month period January through October. 1939, were $211,133,000 as compared to $2138.728.000 for the same period last vear the report shows.

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

Oldest (hzn FErokers th the

Government payments amounted [0 Stata,

LOANS

The CHICAGO Store

146 EAST WASHINGTON ST.

to £15536,000 far th: 16 months this vear and $6,645,000 in 1938 Receipts from the sale of crops and livestock products during this period were $192 597.000 in 1938 and £212.083.000 in 1933. October receipts from crops and livestock were $£21.558.000 this veer and $20.035.000 last vear. Livestock and livestock products amounted t6 $159512,000 in the 10 months of 1939 and crops $38.085,000. In 1938 the livestock total was $164. - 528,000 for the period and crops $47 555,000. Ociober livestock receipts were $18,148.000 in 1939 and $16,252,000 in 1938: crops $3,410,000 in 1939 and $3.783,000 in 1938, according to the report.

on Kverything!

Diamonds, Watches, Autos, Cameras, Clothing, Shotguns, Ete.

maintained before Thanksgiving.

(By United Press)

* Panhandle

‘Tex G

| fond | | tq 7 Me | PREPARED BY ADMINISTRATIVE AND RESEARCH CORPORATION . NEW YORK, 1926 =100

MAY JUNE JULY AUG. SEP. ocr

the Administrative The corresponding 193

2 ~e

3 for the week ended Dec.

TOCKS

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS 116.93 148.3% 119.53 15188 133.92; 120.3%, 158.11, law, 98.95, 20 RATLROADS

Yesterday Week Ago Month Age Year Agno High, 1539, High. 1938.

low,

3.3 3.1 33. 30.89

Yesterday Week Ago Month Age Year Ago High, 1939. 35.90: low, 24.14, High, 1938, 33.9%: low, 19.00. 15 UTILITIES

diana during nearly $200,000

Yesterday Week Ago | Month Age Year Age High, 1939, High, 193%, 25.19;

12 Division 0.08 paid totaled $61 0.53) Tester

trict manager. s

Net t Change November 1 Ne

}

Martin Gi Masonite Corp Mathieson McCrory McGraw Mideni Minn

> a =

est levels in the ever, view of some of “Shutdowns i other

Bl ad - —-O AN DOB 3

Hill ' Pet

Hny

a » a » Aran

wr oaw

LE ALS

Mueller Murray

a a Mr. may be that lin employment y. into industrial who had exhau

Aviation 1 Cash Reg Dairy Distillers Gypsum Pwr& Lt Steel Sun Penn Sun 2 pf New port Ind NY Central NYC&StL pf NYC Quibus NYNH of Nor{ ie West No Amer No Amer 5% No Am Avn Nn Pacific Norwalk T

et DD et et es 3

FEE ed

«1

3 a TIDBITS ee 3 Ne 0D

=» »

working in cov 3, the past. )

5 persons would benefit

LJ AY pt et a 3% Yd pk ek

. n

IN ID NT rt Dt WI AIDS LID EI t

Ohin Oil Omnibus Otis Eley

| The Kamber

operators of a store at 11 &

St. 's ing at 36 E Wa . |ing to Klein & The building ready for occu

NWI

I PEA Ws

Pan Am Airways

Paramt Pict Parke Davis Pathe Film Patino Mines Penney Penn Gl Sands Penn RR Pfeiffer Brew Phelps Dodg Phillips Pet Sti

—

1 ® a

: 03 et 2 BD BII sD an - A

clothing and ha

» Yaw

ing department = company i Ih Gary, Ft. and Kokomo. J. FP. Van Na manager and fi & Kuhn repre Co. and Snowden in neg

Press Car

R Republic Stl Repub Stl nf Revere Con Revn Tob

Th elope A

Safewav Schulte R Scott Pap Seab'd Air Sears Roe Servel Inc Sharn & Shell Un Silver-Kinz Snider Pkg Soc-Vac So Am Gold

The apolis cent

[allowing Ronrd &

L Te 1

a( dicate on buying and transactions

et —"

BD IE III

. . + he D Oil

>on

3 Auta Invest Corn * Belt RR & Stk Yds Belt RR & Stk Cent Ind Pow 7° Home T&T Ft Ind *Ind & Mich “Ind Gen Serv Indpls Gas Co *Indpls Water Indpls P&L 6° Indpls P&L 62% Lincoln Nat Life I N Ind Pub Serv 5! N Ind Pub Serv ss N Ind Pub Serv Progress Laundry Pub Serv Co of Pub Serv Co of In So Ind G&E 47

ONIN ND lt

6”

St pt 9 et ps BI “ND in BD = 102

Un Stores A

Vadscn Sales Vanadium

Ys Te au Van Raalte Terre Haute Elec

alker /H) Wate orth Ward Bak Warner Bros Wavne Pump West Pa A W Pa Fl 6 bf Auto Sup West Union West Air Bke Westing E! Wheel Stecl Wilea xO & G Waolwnrth Wright Aera

a 8 American Loan 5s American Loan 5s Citizen Ind Tel 4! ' Crabbe-Revnolds-T Home ¥ 3s Ft Wa Hom, T&T Ft Way Ind Asso Tel 4 md Tel 57» 60 ndnls Railw A) Inter T&T, ndpls Wa Kaokoman EE x Kuhner Packing

EER Pr EP rT

Kassing

industries ticeable increases in a few localities. even though other lines of employment were gaining.” Kassing said. the all-over

ance henefits or

Re-employment

Wayne,

au Share

approximate 1 ling auotations Stocks Vs Wavne 7

Hvdro Elec 77

nfa pia

Co com

Ind Union Title Co com

Van Camp Milk Co com Van Camp Milk Co nfd

INDEX | ol

DEC.

3% figure was 89.6.

JOB INSURANCE = PAY INCREASES

in View

over October.

today. 2.762.094,

aid *

that

last two vears

& Research Corp.'s

KassSing Says Gain ‘Seems Paradoxical’ of Employment.

Job insurance claims paid in InNovember increased | the 19 State Unemployment Compensation announced Claims Indianapolis disThe increase in benefit pavments seems paradoxical since reporis from emplovers in midindicated ment and pavrolls were at the Howit is probably consistent in the

employ -

the known factors.

automaobile caused rather in benefit

“Furthermore,

have brought jobs sted their who had not ered employment of to

not act

pavments.”

KAMBER CO. LEASES 4-STORY BUILDING

Co. of New

shington St., Kuhn. realtors.

is to be altered and 1940. a, The first floor will be used for men's Upper floors will be used for a tailoring shop, receiv The also operates retail stores South Bend

pany Jan. 1,

LS. and storage.

ttan is eld supervisor. sented

otiations.

LOCAL ISSUES

ht do

otation: not merel

leve

hut

Rid 2 com 51 pfd fei

RT 14 TX

nfd

nfd pi

pid fd

pfd ns Co com “oe pid

nfd pfd

pfd

6 77% pid

1d pfd

—

yt , Fret DRG DOS UV 0D += D5 POLE UV a

Bonds 51 45 s B1 Rylor v ne " 63

A? 58

Morris 5&10 Stores Se

Muncie W Nat! Silk

2 Noblesville

2s A

Yale T Yellow Tr Zenith Rad Sperry Cord Sbieg el Ine Spiegel me

Rich out T Heute W Tract T worl

UL.

EE ernment expens rent fiscal vear with a vear ago

pi ST Std Oil Studebaker Swift = Co Swift Intl

Expenses Receipts Def.

Texas Corp Sul Thompson J R Thomp Pr Tide W A Oil Timk D Ax Tr & West Air 20th Cen Fox

Ba ABA R aw

pt DI rt LID LI Bes a DOOIN

Ulen & Co Und Ell. Fish Union B&P Union Car h

INDIANAPOLIS Clearings Debits

o~ 9 %

pt Jr »

» a

ses and receipts for rough

"160.859

AT EME NT

Dec (U Gov the eu

Dec. 11

Last Year 949,

80 8 17 63 2.63 97 8 11

CLEARING HOUSE

and noclaims

it increases back some workers job insurbeen in such reduce

York. Illinois have leased the four-story buildaccord-

Indianapolis Klein the Kamber the estate of George G.

the inha sed of recent Ask

compa ved

371,760.51 9 376.173. 384.21 D3,

750,000 8.553.000

| b

SWINE PRICES “| 10 CENTS HIGHER | AT STOCKYARDS

ON THE RADIO

TONIGHT

7:30—Paul Whiteman, WFBM. 8:00—Fred Allen, WIRE. 8:00—Star Theater, WFBM, 9:00—Kay Kyser, WIRE. 9:30—Indianapolis Symphony, WFBM.

For the second time within the

All Weights Share Advance; week, Paul V. McNutt will take to

Top Rises to $5.60; Vealers Steady.

eral | he speaks on NBC-Blue at 8 o'clock

the networks in his capacity as FedSecurity Administrator when

tonight. His talk will originate in Wash-

Hog prices in all weights gained ington and will be a presentation of

10 cents at the Union Stockyards the National according to the Agri- McNutt will speak on | the Administration advance brought the! Security top price quoted to $5.60 on the 160] to 180-pound division. Vealers were!

here today, cultural Marketing Service. The 10-cent

steady with a top remaining at $11.

The top lamb price declined 25 Sv

cents.

Tan

$ 550 5.50 5.60

Ton Rents, Dee, Rents, 11,6855 11 1120512 3.500 13

R935 5.451

An O58 5)

Packing Sows Good 2nd Choice — 270- 300 $ 4.65- 4.85 50 300- 330. - 60 330- 360 . 4.80-

Rarrows and Gilts Good and Choice 120- 140.% 160 180 200 220 240 270 300 330 < 360 Medium - 16 200

4.50 30 Medium Ro

opp ib pbb gd

Wow

DOD ANT H oS

BoA AASNNN Soe ARs TR TrrT

Staughter Pigs 4.60- 4 ‘80 Meee Good-

5.10- 5.35 Sr Cattle & Vealers (Receipts, Steers | Bulls Choice— (Yearlings e¥cluded) 750- 500 $10.30-11.25 Good $65 anp-1100 10.50-11.25/3ausage— 1100-1300 10.00-10.75 Good 1300-1500 9.75-10.50 Medium Good Cutter and 750- 900 50 Common 900-1100 1100-1300 1300-1500 Medium 750-1100 1100-1300 Common — 750-1100 Steers, Mived 500 Good 500-

1027)

6.506.25-

2.25 7.00

5.25- 6.25 50 enler 2 Good and choice Common and Jheanm

im 19, 00 5.00Nteker Calves 193)

5- 9.25000 30- 75 | Feeder, Cattle, Receipts, Steers ‘Choice SN0- 800, 800-1050 5'Good 500- 800. 800-1050, Medium 50 noo

§.25- 7.50.

Heifers

750 9.00-10.25 750

Heifers

9.25-10.2 Choice 750- 900 Good 750- 900 Medium 50 ann Common — 500- ann

10.00-11.00

8.50-10

no Common —

500- 9200

- "25.

9.00 Medium and

good s Calves (steers) Gond and Choice 500 down § Medium300 down _ 8.00- 9.2 C ly es (heifers) Goon 500 an 3 3.75- 9.75 Medium 300 down 7

ANN. 7.20 Cows L K.505.50

Good Medium Cutter and common Canner ‘low cutter)

LI: 11.00

4.50-

.50- 8.75

SHEEP AND LAMBS Lambs

(Receipfs,

Good and Medium Common

choice and ‘good

Ewes shorn hasis) Good and choice Common and medium

(on

2.25-

3.25

CHICAGO LIVESTOCK

Hogs—Receipts, 18,000: generally strong to 10 cents higher: bulk wood and choice 160-240 1bs., $525% 5.50: top. $5.50: most 240-270 Ibs., $5.1065.35: 270-330 lbs. $4.90 @ 5.15: few 120-150 Ibs.. $565.40; most 330500 Ihs. sows, $4.25@ 4.65: small lots on butcher order up fo $4.75 and extreme weights around $4. Sheep—Receipts 7000; late Tuesday fat lambs weak fo 15 cents lower, mostly 104 15 cents off; . $9.10: bulk 83.759: natives, ¥ : yearlings, $7.30617.15; sheep steady: native ewes, $3.7564.25; today's trade fat lambs very slow; steadv | to weak: initial bids 15 cents lower: ing 88.75% 8.85 on good to choice best held [email protected] and betfer: few vearlings $7.75. double 88-1h. shorn carrying around 90-day pelts. $8.50: about steady. native ewes eligible,

4.25 Cattle—Receints, 11.000: calves 1000: airly active and fully steady on strictly good and choice yearlings and light steers: highly finished medium weights up to 250 Ibs. steady, bui all other weighty cattle weak to 5 cents lower common and medium grades light Kindy sharing decline: largely steer run: with 1100-1300-Ih. offerings predominating: sizeable sunpiy scaling over 1300 Ibs. early top. $11.25 on earlings: several loads, £10.254611.10. no heavies sold: medium ‘weights grading choice, 310.25: heifers steady to 23 cents lower: medium grades off most. cows vealers steady tn easier at 210 down: AE and steady: bulls slow, steady: actical top weightv sausage bulls, $7.25: fed heifers above $0.50, steady. but lower on 387@9 Kinds: most such offerings 550 cents lower for week: stock cattle slow

OTHER LIVES STOCK

WAYNE, Ind., Dec. 13 (U —-10 cents higher:

$3.75 1

13. Us

Ind.. P %i60- 200 Ibs.

.. 10 cents higher: 200-2 1bs $5615.35; 250-325 $4 604.90; RS, $5.25 down. Roughs, down. “Calves s10@ 10.50

LOCAL PRODUCE

Heavy breed hens, 5 lbs. and over, lle, under _35 lbs., 9c; Leghorn hens, Tc; Barred and White Rock roasters. 4 'bs, and over, llc: under 4 lbs... 9c: colored roasters, 4 Ibs. and up, 10c; under 4 ibs. 9c heavy breed stags, Tc: Leghorn stags, 6c. Leghorn broilers, 2 lhs. and over, 15¢; 7 a and over, 13c No. 1 strictly 15¢: each full ross (a net each full case under Rutter—No. 1. 30'>@31c: No 20e Rutterfat-—-No. 1. 27¢c: No (Prices Quoted hy Wadlev

x TINY FOOD PRICES CHICAGO, Dec. 13 (UU. 1B), Michigan Mackintosh, bu, 31.25 8 Potatoes Tennessee. bu. 21. 1561. 40 rots—Californian, crates. 32.253. Californian, hu 22.407 2.85. Celery — crates 30%: 75¢ Tomatoes272.60. Spinach Missouri, on Onion market 130-1h, sacks) vellows @BT7'5c. Colorado Spanish, Colorado P hiter Michigan vellows :C

FOREIGN EXCHANGE

NEW YORK. Dec. 13 (U. P.) Bre opening cable rates on_ major cie Cable Rates Ehgiand $3. iy s Canada France Pano, 050 05

| Italy 5 | Belgium .1648 - D004 Germanv (mark) Se qu ed Switzerland (franc) 22 Holland (guilder) Sweden (krona) Norwav (krone) Denmark (krone) Japan (ven)

country run weigh 55

fresh case must deduction of 15 cents 55 lhs., will he made}. 9 ant, g

2 8c. Co )

85¢c.

—Following curren-

(pound) (dollar) (franc) (lira) . (helga)

. 8 00's 0000 1%

Net Chg. — 00! |

4.75 sky-Korsakov's 4.70 Scherzo (dedicated to Mr. Sevitzky) 4.50 py

5.00- 5. 25 will

1000-11. 00 leave for

50 tomorrow

| | |

talk- | lambs: |

Radio Forum. Mr. “The Role of in the Social Law.” n

» »

By way of music tonight, CBSWFBM offers the Indianapolis mphony Owvchestra in its regular 9:30 broadcast, while a portion of Verdi's “Otello” is to be heard from

12.90% the Chicago Civie House via NBC-

WMAQ at 10:30 p. m. Fabien Sevitzky has chosen a program for the local orch tra's broadcast which includes the Introduction and Procession from Rim“16 Cog d'Or,” a

Frances McCollin, and the “Caucasian Sketches” by Ippolitov-

4.00- 4.35 Tvanov.

The 40-minute operatic excerpt have Giovanni Martinelli in the title part. Lawrence Tibbett. a much admired Tago, has withdrawn from the cast, and Carlo Morelli

25 will sing the role.

Ld » n

Kay Kyser will pack up after his NBC-WIRE broadcast tonight to Atlanta, where he is to the dance which follows night's premiere showing of “Gone With the Wind." Kay who was a recent honor guest at n n

play for

|the premiere of his first picture, | “That's Right, You're Wrong,” at | Rocky Mount, N. C., also will be on | tomorrow night's reception commit= |tee for visiting stars and notables. = n n | Allan Jones, starred in the forthe coming film, “The Great Victor Here bert,” will sing some of the best loved Herbert melodies on this eves ning's Paul Whiteman broadcast 7:30 p. m., CBS-WFBM), Incidentally, Maestro Whiteman is planning an extended vacation jaunt in Florida shortly. In 20 years as the “King of Jazz,” ths portly band leader reputedly has had but two weeks’ vacation! n

” »

Abe Steinberg, the poetic New York subway guard. will be Fred Allen's NBC-WTRE broadcast guest at 8 o'clock. Mr, Steinberg the

man who announces the stations in rhyme and finds time. even during rush hour, ta entertain his custome ers with philosophic bits of verse. »

” »

Joan Bennett and John Beal join forces to present Barry Conners’ favorite comedy, “The Patsy,” on tha Star Theater hour at 8 p. m., via CBS-WFBM.

”

Erin O'Brien Moore, who is heard as Elizabeth Perry in the serial “John’s Other Wife,” is being dis= cussed by Manhattan drama critics as likely to tare the Mary Todd role in the current Broadway hit, ““Abe Lincoln in Illinois.” ”

o »n

And the CBS-WFBM Happiness’ program (3:30 p. m, tomorrow) will offer a musical set= ting of the Preamble of the Cone stitution by Walter Mourant, young Chicago composer. n

”

“Pursuit of

THIS EVENING

(The Indianapolis Times is not responsible for inaccuracies in program announces

ments caused by station changes after

IANAPOLTS Wr BM 1230 (CBS Net.) Kathleen Norris Golden Store Hollywood Scattergood Billy & Bet(y Hedda Honper H. V Kaltenborn Santa Clans

WIRE 1100 (NBC-MRBS

Girl Alone Midstream Dick Reed Dessa Byrd

Lady “Lnek nta Clans ooster

Pleasure Time Mvustere Barron's Or, Dick Reed

Play house

News fum and Ahner Burns & Allen

TAL Pe a ree

Pay! Whiteman Red Skelton

Star ar Theater

Freq Allen

Dr. « Christian : y Kvser

Indpls

a iy

Svmnhony h hg

9:1)

Binte Questions Shorts

= Shields

press time, INDIAN APO. 1s

CINCINNATY WLIY 300 (NBC-MBS)

CHICAGO WILS-WENR 7 (NBC Net.) ¥ brit Nerenade

)

Kitty Keene Midstream Anthony Jack Armstrong Dinning Sisters Serena e Or. Fred Kirby Baker and Nenton Food For Gifts Lowell ‘Thomas

ren

Rarron's Stor jus Orca

Tow "Mix

Aver Persons

Tiaastire Time News Arnold's Invide

Ensy ¥hst News Shorts

Or, Shorts

J ohnhy Presents | 8 Hol! vw wood

Quick Silver Red Skelton

Lou Breeze Fred Allen " 15 Chnecert Ir i Herheck's

Or, ‘ Revie Kay, Kvser Photog ranhy

News Baskethall Lucas’ Or.

10:00 10:15 10:30 10:45

"Amos and Andy News Benny Goodman

10 0'Clock Final

Peter Grant 'nannounced Cummins’ Or.

”

"Paul Sullivan Hoaglands Or, Vincent Loner

3: id Recordings 30

Phil _ Hurris

Schnickelfrity B, Randolph's Or, Monn Kiver

Kaysel’s or. Littler's Or.

THURSDAY INDIAN APO VEBM 30 VOB Ne)

"Early Birds

Da yawn Patrol Markets Da wh Patrol , "

V News

INDIANAPOLIS WIRE 1400 (NBC-MBS)

Breakfast

PROGRAMS INDIANAPOLIS WIBG

AR {i (NBC-MBS) Mornin’ Opportunity

“080

Devotional Ranch Gang

Time to Shine ews Gosoel Singers Pioneers

Jam

" ”

"n "

Freddie Miller Good Morning Ensemble Miss Juba

City To, Air Kitehe

8: R: RB: R: Editor's

Daughter Pevotional

Coffee Cups Hits of Day Fashion ¥ oot hts Reauntifu) News

Caravan

Life

nan 15

Kitty Kelly Myrt and Marge Hilltop Stepmother

Man

0:43 won 10:15 mn:3n 10:45

Woman in

David Harum Road of 'ife Against Guiding

Mary “Taylor Brenda Curtis Big Nister life Stories Kate Smith Girl Marvies Farm Circle

Singin Sam Dr. Malone Headlines Linda's Love

11:00 1:15 1): 1:4 Farm Burean Farm Hou News Markets. Kitty Keene Reporter SHEL. Guide Light's Or, Rettv & Boh Grimm's Valiant Ladv Church Hymn

Ma ry Mar lin Ma Perkins Pepper Young Vic & Sade

Wea

1 uk

Dr. Susan uartet vy Son & Jovee Jordan Society Girl School of Air

— dn

WHALE WISN

Backstage Wi Stella Dallas Lorenzo Jones

Tech Show Varieties Vocations Smilin’ Ed Kathleen Norris Golden Store Hollvwood

Girl Alone Midstream A Dick Reed Scattergood Dessa Byrd

KEY NETWORK STATI UBS=WABC, 360; WIR, 750; WHA MUTUAL=WOR, 710; WHK, 1190; NBC-BLUE=WJZ, 760, NBC-RED—=WEAF,

Ma rried

Whit » tr Shopning

Storm Lignt

Ba nd Daughter Shut-Tns

Widder Brown

WOWO, 1160; WLS-WENR, 370 560; wr AM, 10%0; ww ' 920, WMAQ,

Refleotinny Dr. Swine Other Charm House Plain Bill Guide Hapniness

Man arried Wife

i ——— f.ove Life f'im Light

“Speaks

1 Yinda . Road nf Tena 4& Guiding

~ Friendly Honse Puhlic Schonls Castle lime Rhythms Woman O'Neil Farm

Nonndav Blues Chasers Rhyvthmakers Boy and Girl

Home Vv olka ther Good Earth Bill tones Rete,

“Box

¥llen Randoloh Editor's Daughter Little White House

Retty and Bob Grimm's Danghter Valiant RAN Church Hym

Pianorama Mary Marlin Community Corner Ma Perkins Number Please Pepper Youhg vy a Vic & Sade

Backstare Wife Stella Dallas Against Storm Miss Julia

Kitty v Keene Midstream Jack Armstrong a= Invitation ONS (Subject to change): NS, 8320; KMOX, 1090; WBBM, 770. WHKC, 640; CKLW, 1030: WsM, 850. : KWK, 1350. 6870.

Number , Please

fe Concert

Honoluly Old Refrains Ba nd Stand Ja mbores

Silent

5 INESS