Indianapolis Times, Indianapolis, Marion County, 19 December 1939 — Page 17

ay DEC. 16, 1680

DROUGHT REDUCES 40 "WHEAT “PROSPECTS

PAGE 17

John T. Flynn

NEW YORK, Dec. 19. —Mayor Tal Guardia has revived & plan of fetching the taxes from the citizens which has been discussed more than, ohice in other days. The mayor thinks that in cases Where the Mederal Government and |

state impose like taxes the col- | | prices at the Union Stockyards here

Jecting should be done by one ageney | and that agency should be the Fed- | eral Government. Yet us suppose the Federal Gov- | ment imposes an income tax of | 10 per cent and the state an in-| tome tax of 3 per cent, then Uncle | Sam would collect the entire 13 per | gent and remit to the state its 3) Per cent. Tn the present state of Federal and state business it is difficult to| see how we ‘can avoid some such plan unless we are going to reduce the country to chaos.

” 8 » OF THE most dangerous)

‘one

phenomena to appear amcng these 3p.

states of ours in some time has been, | first, the contest between states in| matters of taxes and other regula-| tory laws and the effort of states to keep out the products of competing states by means of trade barriers. If New York imposes an income tax, promptly other states bid for New York's wealthy residents and New York's business concerns by! having no income taxes. ‘Over in| Connecticut there is a good business being done in the building of ‘ex- | pensive homes for wealthy New| Yorkers who are in flight from the income taxes. New York, of course, is not the only victim. It is the same with regulatory x laws. ‘One state enacts civilized fac tory legislation and immediately | there is an exodus of employers to es which boast that they have 7 meager factory laws. The competition between states to see which | could enact the corporation law most pleasing to promoters has resylted in the degeneracy of our corpération laws to the point where they constitute one of our chief e€co-|

némic evils, | Co

> % »

THE MAYOR'S proposal would have to go a little further than is inated in the report of his address ore the Illinois Tax Commission. A uniform income tax should be impbsed for Federal and State purRives. with a fixed share of the tax! cated to the states. The Federal Gfvernment should be the sole collector. Tt should pay the State its share. This would end competition between the states on income taxes. It would enormously reduce the cost of collecting taxes. Tt would relieve the taxpayer from the bother and | cost of making two entirely separate returns. It would probably require & con- | stitutional amendment, is a question for the lawyers. But as the tax problems of the states and cities mount, the necessity for in-| troducing some sort of sanity into our tax processes becomes ever more pressing. And this is about as sensible a ‘means of bringing order. economy and equity into the sad business of providing our various governments with their public funds

LOCAL ISSUES Fhe following jotatipns by the Tndianapolis Bond & Share Corp. dd not repreSent actual price offerings, but merely indicate the approximate market evel based on buying and selling quotations of recent transactions, Stocks Bid Ask Auto Invest Corp com........ elt RR & Stk Yds com. ..... elt RR & Stk Yds pfd.. ‘ent Ind Pow no ofd Havok D com Home T&

4 8 51h 55% 52

68% 5, The., 14 Pt Wayne 7% v's 531% | “Td & Mich Elec 7% pfd .... oA ind Gen Serv ptd : eae 108 Ind Hydra Elec 7 T% pfd.. . 76 9 dpls Gas com 21 k dapls PowaLight 6% ‘pd 03% dpls Pow & Light 62% pfd 109 dpls Water pfd 102 105 | coln Nat Life Inc com 28 31 *N Ind Pub Serv 5% 2%, de 95 *N Ind Pub Serv 6% pfd.. . 99% *N Ind Pub er 7% ptd......107 Progress Laund 12 ! Serv Co of tha 6% pfd.. 45 { Serv Co of Ind 7% pfd.. 84% ind Gas & Elec 48% pid 991% erre Haute Electric ofd...... 99

> . 25 Van Camp Milk pfd.......... 62% Van Camp Milk com ..

10% Bonds Riierican Loan 5s '51 . erican Loan 5s ‘48 Sasa ND tizens Ind Tel 4's '61 . 102 Fabbs-Revnolds-Taylor Co 5s. 97

7 . »

. 98

ome T&T Ft Wayne 5%% ‘55.103 7 "43 ..104 2% '65....10

pls Railway Inc 5% °* pls Water Co 3%% terstate Tel&Tel 5% % ‘53 komo Water Works 5% uhner ping Co 4% 7% orris 5&10c Stores 5% ncie Water Works 5% at Silk Tr 5s 42 “3 ghlesville a 65% '47.. ubl 41% 5% . fehmond Wat Wks 50, BY erre Haute Wat Wks £% '56 . 'erre Haute Wat Wks 8% 49. 102 ¢ Term Corn 37% '57 «dividend.

WAGON WHEAT

or Sahapolis grain elevators are dayin i © 04, subject to marke Al change; other grades on their merits. Cash corn, new No. yellow, 45¢. Oats, 35¢.

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

{ET Dealers Mutual

e FLIES SAFI 8A; AUTOMORILE A AON ORY INSURANCE of

substantial savings

Ha. 3000

|arriv (25 cents Upward.

| Barrows and Gilts |

| 330-

though this |

| cows and bulls 10% 15¢ higher;

cal 5 steady «2 &

| whites,

| months’ (valuation of construction contracts

FIVE-CENT GAIN MADE BY HOGS AT STOCKYARDS:

" Weights ts Share Upturn; Top Quoted at $5.80: Vealers Higher.

A five-cent gain was made in hog |

| today, according to the Agricultural | Marketing Service. The nickel advance was general through all weights. Top price quoted rose to $5.80 on the 160 to 180-pound division. Vealers were 150 cents higher with a top at $11.50. Less than 500 sheep and lambs ed, forcing native lamb prices

Dee.

epts. gave. 13 14

. 33 R 3 “46... 3 60 11,085 18 560 11,95%19 .....

. Roots. 5.00 300 i Nn 7500 80 Packing Sows Good and Choice— 270- 350 $ 4.70- oe

4/60-

Good and oice—

220240- 2 Medium — 270- 250- 500 25- 4. Slaughter Pigs Medium and Goo 90- 120 5.98. 5.45

4.705.20- 5.55 Slaughter Cattle & Vealers (Receipts, 1725) |

360 tedium 160- 200

Bulls Yearlings No ded) Good $ 65

: Sausage— n Good

Ghotce— 6.50- 7 25 |

M 6.25- 7.00 Cutter and on, 5.25- 6.25 "ealers

(1100-1300 1300-1500.

Good — T750- 900.

8919 |

5 Index Shows Business Surges Ahead

| 1h | | N {

| |

| { |

JAN, MAR.

WHEAT GAINS: STOCKS EASY

4-Cent Break; Silk Booms.

By UNITED PRESS

A A rally in wheat futures that car-

ried Chicago prices to new two year | pei after a break of more than 4 cents a bushel highlighted trading

[in major staples today. Raw Silk fu- | tures were another strong spot with | a limit advance. | The early break in North Amer[ican wheat futures followed reports [of beneficial snows in many parts of the spring wheat belt, but a mid- | week Kansas forecast of continued |

PREPARED BY ADMINISTRATIVE AND RESEARCH CORPORATION . NEW YORK, 19%6=100 |

are Nog on compared with last vear's figure the field. Steel operations, freight carloddings — a

STOCKS

(By United Press

Rally at Chicago Erases L

MAY JULY AUS.

MN. Y.

oF,

High Low Ve 8% . 53% «

.. 48

Net Change

_—

% - be w" a 2

3 a A ‘ot | Asso Renin poh Atchison pf ... Atl Refining ... Atlas corp 0 Atlas Corp pt ve

ald Loco ct .. alt & Ohio (Balt & O pf ... Barker Bros ... |Barnsdall

“1 | be

a 50-11.50 | drought in the Southwest with prob- ‘Bay uk Cig

4. 50-10.50 5.00- 7.50 Stocker attle, Calves eceipts, C40) Steers ‘Choice— >: 00-

500- 800.. 750. 9.00-10.25, 800-1050. 8.75Good- Goo: 500- 750 9.25-10.25 oo. 500. 8.50Heifers Nc 8.007.00-

6.00-

1100- 1300 Common — 750-1100 Steers, Heif Mixed — 500-

fers 2» x

Chot ao “600 Good - 750- 900 Medium-— ar ony 7.25-

hy, 6.00Cows Good ....% 850-7 Medium... 5.50Cutter and common Canner (low cutter)

8.25

10.00-11.00 Common 5 900. 7.00 |

5.50- 6.25 | Calves (steers) nas Good and Tic — 500 dow -11.00

25 |

500-

8,00-

00 500 d 6.50 Calves heifers)

4.50-

Medium— 3.75- 4.50 500. own 7.50- 8.75 |

SHEEP AND LAMBS (Receipts, Lambs

Good and choice Medium and good Common

85%)

$ 5015=

8. i 5

Ewes (on shorn basis)

Good and choice . Common and medium

9. 8.

3.252.25-

CHICAGO LIVESTOCK

Hogs—Receipts, 22,000: steady ‘wit Monday's strong to 10c EO

avarage; closed |

| and choice 160

Ibs., Sows

$5.15@ 5.45 3 $4.75 up bulk 330-450 1bs., $4.4 65 Cattle—Receipts, 6000; calves, 1000; small receipts, a stimulating factor and classes firm to higher; fed steers and vearlings, 15@25c up: moderate supply strictly good to choice weighty steers 50¢ higher than last week's low time common and medium, strong to 25¢ higher; heifers sharing steer advance; canner and cutter beef cows 25@50c up; up to $11.40 bid | me vearlings yearli ng supply very several loads, [email protected]; heifers, best 1380-1b. steers, $10. 60: 1200-1b. averages, $10.85 several loads weighty |

firm: vealers,

ri smal $10.25;

|3esers, $9.50@ 10, common and medium grade | light offerings, [email protected]; weight:

’ sausage bulls selling freely at $7.15G 1.35; Baers, $10.50 down; stock cattle very dra { Sheep—-Receipts, 5000; late MonQay most classes steady with best time Friday: top fed Western lambs, $8.85: bulk natives and | fed Westerns, [email protected]. 100-106-1b, averages, [email protected]; Tiger ewes, $3.75@ 450; today's trade fat lambs about steady; good to choice native and Western lambs, [email protected]; best better; nothing done on vearlings:

opened around |

lable dust storms checked the de-|

cline.

25 eh Ind Loan pf St ES

eel . Beth Steel 5 pf 3

An ‘easier tore developed ‘on ‘the Reto San .. New York Stock Exchange market | Borg-Warner

in afternoon trading. Leading is|sues slipped off small amounts. | °| Many had held at previous closing |

[continued light.

{ ‘Steel issues held unchanged for cat a time and then eased. Railroad, | San chemical and mercantile |Garciers & Gen.

| copper,

issues were slightly lower. Firm |g

| exceptions included a few individual Sh | issues in the sugar and paper Chicka hild

groups. |” President Roosevelt was expected

| American market,

The quotas on imported sugar | Som ne Presidential | oom Br proclamation Sept. 11, shortly after | Qomulth

were suspended by

| the European war begah.

Curb Stocks

a 31 32%

| Am "Rs cp

be |Am Super A

all |

Berkey Gay Fur Braz L Brewster Aero Brill Cp A Carrier Cord Cent & Sw U.. Cent St Elec Cities Serv Cities Serv pf Cleve El Tlum | Col 'O . Com & So wits Cooper Bes Re kay Stl

EB BAER 6 pt. Glen Alden .... Gulf Gil Fumble Oil

fed held $8.85@9% and! good to!

choice native Suber ewes about steady |

at $3.75@ 4.50

OTHER LIVESTOCK

I CINNATT, ee. 19.0 Salable, 3000; holdov er, 80. Fairly after slow start, to 10 cents top, $5.90: 200- bo 1bs., $5.70; Ibs., $€4.65@5 40; packing sows, down. Cattle—Salable, 400; ceipts limited, about steady art loads light yearlings seves, [email protected]; heifers scarce, around 1170-1b. fed steers, $9.50 sausage bulls, $7; vealers #1 early bulk good and choice, a ,

$16 50 50 | Sheep—Salable, 200. Steady be ER RL 00d trucked-in native la 2 10ice ewes and hl lh pe |B higher: common and ga, gh) slaughter ewes $3 d dow

LAFAYETTE, Ind. Hog market, 5 cents hi $5 Sons 75, 200-250 Tbs. 325 Ibs. [email protected] Rou 3s, $4.50 down. Lambs, $8.50 down.

FT. WAYNE, Thd., Dec. 18 (U. ORs—10 cents Sb hob 03 180 Ibs

NEY higher: | ©

mostly $4

250. few and load cool practibout

calves,

top

19 her, 180 a0 p 30

Tos. ¥ 250ow Ries, "es, i

P.) $7 50; $5.50 $5 15:

; 100-120 Ibs. gid stags, $3.25. calves, $11; lambs. $8.5

FOOD PRICES

CHICAGO, Dec. 19 (0. Michigan Mackintosh, bu. Potatoes—Tennessee, bu., $1. [email protected], Car- | rots—California, crates, [email protected]. Peas— California, bu. [email protected]. Celery —Michigan, | erates. 40@ 90 Pomatoes—Texas. $2.15@ 3.25. Rina Ce bu., 50@ | 0c. Onion Market (50-1b, sacks)-—Idaho 90c; Spanish, 75¢; Colorads Span-

$4.25

P).—Ah [email protected]. Bioeer |

| ish, 75¢.

"$10.50@ 11. | X | Marshall Field ........

ha’ TC

Pac GE 6 pf oe

P.).—Hogs— | bennroad

{Pitts Plate [Sunray Oil .... Un Gas SY "“ {Un Lt&Pwr Woolworth Lie

Chicago Stocks

High 3%

1% 1% 1 2

| Athey Tr. Whi

Good — 5 4 5.50 200. down $8.75- 9.75 to reinstate sugar quotas in ‘the 20, Broadcast A

3 | Curtiss-Wr

Ja Firestone pf A % Plintkote

| Bdgept Brass

|priges

u Mf 225 levels in the first two hours, Volume Buda Ni

met & H.. mnbell Wy Pacific elanese ..... Ye Cent Aguirre . .. t P&P. StP&P pf . Shy CO...

% “a N > . hrysler a 54 | Climax Moly Ci Y hn “va 3% Vy

whe 1 Carbon dit ... Tr... Si ents. . Edison h & So Cons Cigar Cons Edison Cons Film Df. . COR Of oo... Cont Bak A . Cont Can Co

rn Prod . " {Crown Cork ..

Ni t Crown a " Las x Cubam

8 | Cub- Am Sete ot 3

| Curtiss- Wr A.

—1-18 Bb Lac & W... ¥s | Doug!

5 las Air ... 179

a ont

| East Air Re 285%

180. . - " 11 af 1434 0 104 203%

28% 18634 37% 1% 11%

"Yi Vs “ve Fed It & T.. td Phen ] 3% 1 [arene Stove

% | RN Qb .. Gar In

53% 1815 5 13 50% Por 3% 1 16%

{Hall Print | Haze! At Gl Here Mot .... Homestake ....

1 10% 15% 597%

ee)

Ind Rayo Inlahd Fi we fnspiragn Cop. . 1

Interlake Ir ... Int Hal voster. y Int ick el 4

Taps | Tnt 5% T &

.... ERE

1 241, | Jarvis Co

| Sho Corn ov of {Comwlith Edison | Elec Househd 3 | Pox 11% |

41 |

[Jarvis

Mid West Corp .. | Quaker One pt | Raytheon . | Utility & Ti ads | aa

LOCAL PRODUCE

Heavv breed hens, 5 Ibs. ard over, 1le; under 5 Ybs, 9¢; Laghorh hens, 7c; Barred and White Rock roasters, 4 Ibs. ahd over 11c; under 4 Ibs, . colored roasters, 4 bs. pug up, 10¢; under 4 Ibs. oe heavy breed tags. o; Leghorn stags, 6c: Leghorn Brot os. 2' Ibs. and over, 15¢; bs. and over, No. 15¢;

n 7

each full case must weigh 55 case under 55 Ibs. will be ma | ‘Butter—No. 1, { PRON: ob 2812 @30¢.

(Prices RRL by Ce.)

Private Con

struction

“0 ly; 16 |Leh Nite "NaS

1 1 strictly fresh country run egxs. 5. a . | gross: a net ShaucAion of a tor each full |

Leads Public Building

+ Private ownership has a 11

margin of $9500000 in

awarded in the Indianapolis area over contracts under public ownership, according to Dodge Reports.

T. E. Toll, Indianapolis manager of the reporting service, said valuations of private contracts exceeded those of public contracts in 10 of the first 11 months this year. Private ownership contracts for | work and materials here from | January through November totaled | $10835000 as compared with $9,623,000 last year or a 12 per cent gain, Mr. Toll said. The best month this year for private construction in the Indianapolis area was July, followed by August and March, he said. The low point was January. During the 11-month period publie construction contracts awarded

LOANS ==

By Federal, state and local _govern-

ments totaled $1,400,000 as com- |

pared with $4,765,000 last year. The highest total was in February with | September and August’ following.

Mr. Toll predicted that the Indianapolis metropolitan area will participate in the 11 per cent increase in private construction predicted by the Dodge Reports for the 37 | states east of the Rocky Mountains. | Public construction next year isexpected to increase only 1 per cent, the service predicts.

on Everything!

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

The lowest level was in November. |

13% | Johns-Man 6

31% | Kayser Jul

Kres

esge 4 Kroger

&B 28

21% 22% 407% 12% 33 18'% 48

30% MacAn N: For. 5% | Manat Sue CS B

k Ben, ...- a Ret Yn

Lockheed Airer.

«|

1, | Month ago

Ruberotd %

| Swift Tntl 3%

8 | DRlautpEranh . Tenn

ocT

chivity prepared by the Administrative & Research Corp. reached 108 | 0 | wheat

and ‘electric power output led

DOW-JONES STOCK AVERAGES | 80 INDUSTRIALS Yesterday Week agd .

0.1% —0.12

=b.25 | +0. 0% | 0.51 YRS 0.15 35.90; Tow, 24.14. 33.98; low, 19.00, 15 UTILITIES | Yesterday 24.86 Unchanged Week ago Month ago Year apd 21.86 —0.25 High, 1589, 27.10; low, 20. n.

AT 150 MILLION

Fall Dry Spell Worst in 50

"| NN High, 1538, by. 15; Tow, 15.14. | Net High Change | Mat hieson 29% May D § “i | McGraw Bo... Mead uh Mengel

Ny wa aa

or ~ ow

[2 nd TONEY Fa

ESTIMATE CROP BELOW’ MARK

Years, Experts Say; Price Booms.

WASHINGTON, Dee. 19 (U. P). The most severe fall drought in more than 50 years is reducing 1940 prospects by millions of bushels a day, Agriculture Department crop experts said today. The Government has not issued

an official estimate of 1040 winter | wheat production, but private re- | | ports indicated a crop of 150,000, 000 | [to 250,000,000 bushels below the 1989 | crop of 550,710,000 bushels. Every day of continued drought adds to! | that total. J. B. Kincer, chief of the crop | section of the Weather Bureau, said (that in the ‘critical area’—mnearly all of Nebraska, western Kansas, |'eastern Wyoming, eastern Colorado, northwestern Oklahoma and northwestern Texas—it was the worst fall drought recorded by the bureau since ‘about 1880. Rainfall in that| 5 and 29 per cent of normal since August.

| The drought has been a principal | 24.70 —b.19 factor in a rise of 24 cents a bushel | 25.614 —0.20 in wheat Prices during December.| 5:5

December hard red winter wheat | | futures on the Chicago market closed yesterday at $1.111%, highest | since September, 1087, and 24% [cents above Nov. 15.

South Plains Suffer

The average estimate

of five

% Chicago grain firms for 1084 winter

wheat was 390,000,000 bushels, based | on Dec. 1 conditions. Mr. Kincer | said virtually ne rain has fallen

in the south plains winter belt this % | month,

if Th 14

No Pacific i |

5p |

Ohio Oil

(Pac Tin Cons. Packard | Pan Am Airways | Parke Davis Parker Rst Prf. Penney , Penn RR SAS Pet Corp Am. Pfeiffer Brew

% 14

" a |

Pitts Coke Iron Pitts Stl

Procter & Pullman

Pure Oil

Radio Radio-K-Or Reading Rem-Rand Reo Mot . Reyn Tob B 1% Richfield Oil .. A” ven Yo

| Safeway v |8t. Jos Lead St L-8 Fran St L-8 Fran pf Schulte R Seab'd Air L pt | Seagrave Sears Roebuck Servel Inc Smith A © Socony-Vacuum .

1 14

Won oo

% 82% \ 1% 17 1134 2 Ve . 26 . 14% 3314 53% 2V . 18 oo 24% oo ADA oo 434 . 9 81 21% 321%

od ora

8 1%

"ug

COMB pa a OS OF CO HAD + ~TONRIRIS

| 4

1a Vy |Sterl Stew-War “ehh Swift & Co ... nl

v |

¢ | Tri-Cont . ; aig Cent-Fox % | Union Card ... {Un Oil Cal ' on Pacific .. . ¢ n_Ajreraft Cp

1% |

| |

[Tne

| Cu jit | | Tukenbill i 3

| The section where the drought [is ‘most

4 ‘wheat. Moisture was insufficient to germinate the seed over much of the area. Wheat was “dusted in” and the seed blown out of the ground in many places. | The fall drought has been much (more severe than that which precede either the 1934 or drought, Mr. Kincer said. The Eastern winter belt has not been so severely affected. Towa fall precipitation was 38 per cent of normal. In the Ohie Valley precipitation was about 50 per cent of normal.

Expect No Shortage

Agriculture Department officials said there was little danger of a

1, Serious wheat shortage next year, despite prospects of a partial wheat “" The supply of wheat at the | ®lend of the 1039 harvest was esti=| Ya mated at 993 million bushels, 1, [cluding this year's crop of 739.445-

failure. in-

000 bushels. | Domestic consumption, including Jes. is ‘estimated at 680 million » | bushels. Exports which had amount= led to 22 million bushels on Dee. 15, may not total more than 50 million | bushels this year. That would leave approximately 263 million bushels of

i old wheat on hand at harvest time

next year.

, Incugrate ns

von & Healy, Inc., Tilinois corporation: ane to Indiana to retail musical mer. chandise, J. H. Pralle & 8on, Inc. Tilinois corporation; milk and ice business, Kansas City Bridge Co. ration; Madison, Ind. The_ Hoosier State Commercial College , Tadiana Pythian BKig., agent, Touis A. Lukenbill, 1029 Union St. | Indianapolis; 1200 shares no par | operate business college: Louis A. Luken- . Robart TL. Wolfe, Charles W. Havill, Amy IL. Havill, Nprvin £1 yard KE. MeLaren, Cla BE Clara A. Lukenbill he Maytag Co., Delaware corporation;

certificates of redemption of preferred stock.

iihal dissolut ios John Rardenheier Wine & Liquor ok Lous; registration of trade mar ‘‘Bardenheier's Grape Valley Brand: “Bardenheier’ § Cream of the Vineyard Brand" -Class 48: wines. Woodruff & Co. Ine

Ceo.. Evansville:

Tilinois corpora-

tion; amendment changing name to \Wood-

% | ruff,

Vadsco Sales | Vanadium | Victor Chem a-Car 8

4 18% 37%

wM id 19% 37

20%

Yale & T 20% ( 4 Yellow T pf. 114% 114% 11434

U. S. STATEMENT

Ce Dee. 18 (U. P.) =Govmeh nt expenses and receipts for the curs | FoRY scal year FHIvaeh Dec. 16, compared

with a year a § Year Ta NSO

ORS 3 3.04 @ £5 54

18 fa 084, Be. 2

RA 8 1.755, 03%. 1% . 153,420,658.99

165,853,288.39

INDIANAPOLYS CLEARING HOUSE | SREings $ 3.002.000 | 10, 493,000 |

FOREIGN EXCHANGE

NEW YORK, Dec. 18 (U. P). —Pollowng | are noon cable raved, ae ajor currencies:

nd (pour) oki oe 14 shady dollar S38 5.16 +0 3.18 | ghee ( anc) "a "a —- 100003

Shira) . “ Tees +0002

uote a8 —% 410001

TO MAKE PLANS

Have your attorney write your Will according to your instructions and name this institution as Executor,

THE UNION TRUST COMPANY

Sahat and Surpiva $3,000,000.00

ELECTRIC OUTPUT HERE INCREASES

Electric power produced by the mdianapolis Power & Light Co. gained 539 during the first 15 days of De~ cember as compared with the same period in November.

crease to “continued activity in Ime |dianapolis industries as well as the | increases in commercial and resi {dential demand that are normal at this season. The company's records also show that the output for the first 15 days this month was 1519 per cent greater than during the same December period last year. The total power output for the year 1939 up to Dee. 15 was 14.51 greater than in the same period of 1938 but only 10.47 above the same period in 1937.

WHERE THERE'S A WILL THERE'S A WAY |

LIVE AFTER YOU

Indianapolis Bond and Share Corporation

1930

EAS)

EY STRERY

The company attributed the ine

Hayes & Co American States Insurance Co., Tndianapolis, amendment increasing authorized capital stock bv 5000 shares of Class of $10 par value,

severe normally produces |

1 | MOTE than 3800 million bushels of 11

the 1936 =

Indianapolis; |

value, |

ON THE RADIO

TONIGHT 7:00==Big Town, WFBM. 7:80==Walter O'Keefe, WEBM., 7:80==Tnformation Please, WLS, 9:00-=Bob Hope, WIRE

Three talks which you may want to hear this evening include one of

|Tocal origin by Adjt. ‘Gen. Elmer F. [Straub on WIRE at 6:30 p. m.

Adjt. ‘Gen, Straub, state chair man of the Fight Infantile Paralysis campaign, will open the drive which is to continue until after the President's Birthday Ball on Jan. 380. Secretary of War Harty H. Woodring is to speak in behalf of moral rearmament on CBS-WEFBM at 9:45 p. Mm. His subject, “National Security.” Undersecretary of State Sumner Welles will be speaker and honor guest at the Cuban Chamber of Commerce dinner in New York. You may hear him, via NBC-WENR, at 9 o'clock,

® B » Orrin Tucker can thank the 28-year-old song, “Oh, Johnny,” singer, Bonnie Baker, for a new Mutual series as well as for the packed houses which he is drawing at the Lyric this week. The old tune | has again become a best seller, has hit the Hit Parade and is credited [with making the Tuckey orchestra | |jone of the country’s most talked-of | pands—and almost over night.

The bandman’s new MBS broad- |

® ” "

and its |

casts will begin two Weeks from Thursday night and will originate at the Palmer House, Chicago.

® # # Hoosterdom will be well Tepes gented on tonights “We, the - (ple” broadcast (CBS-WFBM, 8 o'clock). Besides Meredith Nichols son, U. 8. Minister to Nicaraugua, the program includes Charles W, Howard, who runs a school for des | partment store St. Nicks down at Santa Claus, Ind. Other guests include Mary (My Heart Belongs to Daddy) Martin; Deems Taylor, the [music eritie, and Philippa Sohuyler T-year-old pianist. » ” ”

When Albert Spalding faces Clif ton Fadiman's questions on {his evening's ‘Information, Please,” it will be the first time that the Amer ican musician has come before the microphone without his $50,000 fiddle. He'll team with John Kieran, |F. P. Adams and Christopher Mow ley on NBC-WILsS, at 7:30 p. m.

2 » ®

Cheering thought for the day? Those who are s0 wealthy as to have secret telephone numbers won't (get any wealthier off the Horace Heidt “Pot O' Gold” program. If they can't find you in the phone [Book you don't win the prize. So there!

” ® ”

THIS EVENING

(The Tndi ments caused

hig 1 Times RN (UBS

Fig VBC MR

is not responsible ore thaccutracies Tn program announces station © PADEes after press tim e.)

INDIANAPOLIS io

ONUIATL

(NBC-MBB)

WAS. Ea 870 (NBO J Net.)

| 4:00 Ruben or

Girl a 13 alden 30

Midstream Dick Reed

Scattergood Dessa Byrd

Home Torum Serenade Anthony Dinning Sisters

Kitty Keene THe ack SrimsHony Tera tion

4: 4: oI WOO |. 4:45 Boh Billy 4 & getty 5:15 Safety Prog H?H Vy KaTtenborn Santa a Claus

Spelling Bes Santa Claas U. §, Reports

5:30

Hoosier Bports

News Baker and Dente Piet Upon Time

Mexico City Children’s Story Sunior Theater

Tom Mix well Thomas

B00 News o: 3 Jimmie Fidler | 6 6: 4d Second Husband

IY Time No tte elody D

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Cameos

Slave Time

Tow Me Tody rove Sports Review Inside Bports

Fasy Aces 08 Persons A

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Misging Heirs Heidt's Or.

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Johnny Presents

Aldgich Family Johnny JFrevents Thtgrmation Pieave FHeidt’s or,

We , the, People

Orosby’s " or.

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Fibber McGee

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Orummitt, Sand.

Orygmmit, Sand. Fibber McGee

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$353

Rhythm Concert

Four COlubmen Stinging Cop

Amos and Andy ews Paul Whiteman

Boy, Woy

Doghouse |

News Herbeck's Or, Outside ]

Sumner Welles Boh, Hope

Brent House Doghousp

10 ,0'Clock Final

Peter Grant Agency rie usse’s

Randolph” » or.

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Paul Sullivan Reynold's Or. Lotch’s or.

Rechrdings

Glenn Miller

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Kawvel's

Little's

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Mofritt's or. Moon River

NDA APOLIS 1230

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WEDNESDAY PROGRAMS

INDIR (NBC-MBS)

INDIANAPOLIS A a WIRC 1050

(NBC-MBS) ———_—___—_——————

Dawn Patrol

| 6:3 Early Birds 5:45 ” " Markets

Devotional anch Gang

Mornin’ Checkerboard

Pa wh rat rol

Breakfayt Jam Time to Shine Gone

yn Pion

City _ Today Air, Kitchen

~ Freadie Miller Greenwich Choir

__ Miss Julia Kitty Kelly

Other Wife Plain Bill

0:45 __ Stepmother

Bator Daughter Devotional Man | Married

Wi oman in White

Coffee Gps al of Fash.

Pa ulia Footiights Beautian Life

Man 1 Married Other Wife

Plain Bill Happiness

Reflections PA Swin arm Hownwe NTs Guide

Pavia Haram oad of iife

anny “Ross renda Curtis Big Sister Life Story

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

gainst Storm Guiding Light

a ight

Pr rigndly W House

Pub. Schools CO astletime

Bingin' Sam Dr. Matone Headlines Linda's Love

Kate Emith Girl arries Farm Circle nny Bureau

1:00 in: 15 31 +30

pr pr - ox

Rhvihms lues Chasers hythmakers Boy and Girl

man Soeaks TRA Farm

| | |

arm Hou Dp,

New

Shopper

| |

Wise

Weatwer Raneh Boys he Repo Bil 3 Directory orce p+ | Exper,

Home Folks ten ray dolnh itor’s Daughror Noree of Exper.

Jones Revelers

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Betty & Bob Vin Lady Betty Crocker

Rieter Rh y Son

mm’s Daughter Harlin

Petty and Bob Grimms Daughtep Valiant Lady Betty Crocker

Box Bros, umber Please

Band |

Jove er Society Girl Science Richard Maxwell

Wooster Hour

Legion pd Smilin’

gol hleen =

olden Store Seattergood

aty Marlin 40 erkins hope: Song Vie Sad

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Stella alias

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Girl Alone idstream ick Reed essa Byrd

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ollvwood

change of agent to John A. Nail | NBC-BLUE=WJZ, 760; WOWO, 1160; WLS 1070:

|NBC-RED=WEAF, 660; WIAM,

DAILY PRICE INDEX

| NEW YORK, Dee. 19

price index of 30 basic commodities, |

| ‘Crystal Heights Mutual Flectric Line compiled for United Press (1930-32

average equals 100): ' | Yesterday | Week Ago Month ABO un Year Ago

1630 High (Dee. 18). 1939 Low (July 24)

PARRA

3 pose Be aaaned] Taw

i 8

Backstage Wife

orenzo Jones idder Brown

U., P)= Dun & PBradstreet's daily weightea|

124.19 | Hegewisch 190 62 | Steel Car Co. here is expected to

118.14

vivsanans 105.40 (of the motor coach division. Most evans 12419 of the company's plants heretofore 101. 40 have manufactured railway cars.

Mary Marlin Ma Perkins Pepper Yonng Vie & Sade

Pianorama Cugat’s Or. Number Please

Concert 1 3 Jive Previ Ba nastand Jambores Silent

Backstage Wife Stella Pallas Saint Storm iss Julia tty Keene

i fdstream ack Armstrone tring Serenade

KEY NETWORK STATIONS (Subject to change): admitted to Tndiana to operate CRS=WABC, 860; WIR, 750; WHAS, 820; KMOX, 1090; WBBM, 70. Missouri corpo-| MUTUAL=WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM. £50,

-WENR, 870: KWK, 1350. wwi, 920; wMmaQ, 670.

EE a ee

PRESSED STEEL CO. | BUILDING BUSSES

Timer Special HAMMOND, Ind, Dee. 19-—The first motor bus manufactured by the | newly=-organized department in the plan. of the Pressed

be completed tomorrow. H. Sidney Snodgrass is manager

—-

7-TUBE AC SUPER

MONARCH CONSOLE

52973

Handsome

walnut veneer cabinet;

push button and dial tuning; gets foreign and domestic programs; has

television,

graphie connections, tuni and comes ready to play!

50c A WEEK

No Interest or Carrying Charge

microphonic and phonos ing control ust plug