Indianapolis Times, Indianapolis, Marion County, 20 December 1939 — Page 19

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THE INDIANAPOLIS TIMES New Apartment on North Side

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PAGE 19 ;

ON THE RADIO

TONIGHT special 55-minute program 8 week 7:30—Paul Whiteman, WFBM. from Saturday morning.

| CORN CROP AT 8:00—Fred Allen, WIRE. th Ch ih » wiite t :00 , n e ristmas spir o8: Star Tneater, WFBM, night's Star Theater offering on | 9:90—Kay Kyser, WIRE. ; : ' |

CBS-WFBM at 8. The play is | Lewis Beach's 15-year-old comedy, Comedian Fred Allen will pre- | “The Goose Hangs High,” and the (sent Henry William Jeffers, in- stars are Walter Hampden and ventor of the rotolactor, on his Laura Hope Crews. broadcast tonight. Mr. Jefters’ in- on = vention is a sort of merry-go-roynd| Gracie will present several rea(milking machine which was ex-'sons why Christmas should come

Shown in Month; Wheat hibited at last summer’s New York 'in july during tonight's Burns and |World's Fair. (NBC-WIRE at 8) Allen broadcast. . . . Gloria Holden

Rise Also Predicted. : | o'clock.) of the flickers joins the “Dr. WASHINGTON, Dec. 20 (U. P.).— Christian” cast on CBS-WFBM at The Agriculture Department in the! There will be no broadcast 10-19 tonight. . . . And Jackie Coogan fin ‘ . ;_ night by the Indianapolis Sym-|is now being heard on the *“So2 report for 1939, today esti phony Orchestra, due to the holi-|ciety Girl” script show over the mated corn production at 2,619,137, day recess in its schedule. How-|same network, Monday through 000 bushels, compared with 2,542, ever, Mr. Sevitzky will conduct aiFriday at 2:15 p. m.

WEDNESDAY, DEC. 20, 1939

HEAVIER HOGS GAIN 35 CENTS AT Seas

Top Price Rises to $6.15 as | | Demand Increases; Vealers Steady.

ny Bo

J) John T. Flynn

es QE

NEW YORK, Dec. 20.—Reference has been made here to two contradictory policigs in our Justice Department. They are policies which have to do with the enforcement of | the anti-trust laws. Heavy demand for an ordinary Congress has laid down a policy Tun of 8500 hogs boosted prices at | FiSpecuing Reape. gi Dp {the Union Stockyards here today, | trade. That policy a to be. founa/ roo ACU! Marketing Bevel

in the anti-trust law. the Clayton | : Act, th Weights above #60 pounds were 35 _ e Federal Trade Commission | © higher. Lighter weights were |

Act. and , satu, Ome. other mOdITYINg| ..qy to 15 cents higher. The top That policy is definitely and clear- | Price quoted advanced to $6.15 paid ly against monopoly and restraints 1of the 160 to 180-pound division. put upon trade by private combina- | ’ea.ers were steady with a top at

pt | even th | $11.50. : amount to hy. ney 2% ay Continued small marketings of

[sheep and lambs held prices steady.

28-Million Bushel Gain

” # 2

8 ” # » o

THIS EVENING

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

INDIAN, APOL 1s INDIANAPOLIS WIRE 1100 Wihu ny

(NBC-MBS) Kathleen Norris Girl Alone Golden Store Midstream Hollywood Dick Reed __ Scattergood

Dessa Byrd Billy 4 & : Betty Lady Luck Hedda Hopper Santa Claus fl. V Kaltenborn Bible Questions Santa Claus Hoosler Sports News

Lum and Abner Burns & Allen

Construction of the 36-unit Marblehead Apartments at 3310 N. Meridian St. is expected to be completed March 15. The $185,000 structure, visualized above in an architect's rendering, will have a 106-foot frontage on Meridian St. and a 50-foot frontage on 33d St. Twelve of the units will be efficiency apartments, six will be two-bedroom apartments and 18 will have one bedroom each. W. A. Brennan, Inc., realtors, represented the Marblehead Realty Co., Inc, owners of the new project, and Haueisen Realty Co. which sold the property. E. C. Doeppers is consulting engineer and L. E. Byfield, associate. The Bodner Construction Co. is in charge ot construction. The building will have a 36-ton concrete roof.

N.Y. STOCKS . |WHEAT DROPS; STOCKS QUIET

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS Two-Cent Decline Leads All Grains Lower: A. T. & TT. Gains.

SBlcAGo CINCINNATY -WENR 18

LV (NBC > Ne t.) (NBC- MBS)

Children’s | Program Kitty Keene Midstream Jack Armstrong Serenade

Fred Kirby Baker and Nenton Food For Gifts Tom Mix Lowell Thomas

Fasv Aces Pleasure Time Lost Persons News News Arnold's Or. Sports Inside Sports

” ”

Dinning Sisters Barron's Or.

Stories Three Cheers

Ton Repts. Dee. 1103518 .... 8 11,95%:19 .... 1500.20 .....

Rents.

Pleasure Time Myvsterv Barron's Or, Dick Reed

Playhouse

L Skelton

Net Last Change 34 Yesterday

Paul

[Pearce

Johnny Presents Quick Silver

Hollywood Red, Skelton

-—0.29 +2.01 —0.64 —0.88

Ww hiteman

slalale? BBO

Concert Herbeck’s Or. Horse, Buggy

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"star Theater

Fred Allen ”»

High (1939), 155.92; Low, High (1938), 158.41: Low,

20 RAILROADS

” "

Days

stunts

98.95.

—.-.D ol

"pr.

C oncert Hail

Christian Rep. Sam Dickstein Kay Kvser Shield’s Revue

Photography

cowD

"Amos and Andy ews Benny Goodman

. Peter Grant Unannounced Busse's Or,

10 ,0'Clock Final.

“ »

Bulls - Yearlings News $ Basketball Lucas’ Or. n

25 Sausage— on Goo “ bs Medium . ¥" Cutter and

Common

Paul Sullivan Hoagzlands Or. Vincent Lopez

Schnickelfritz Randolph’s Or. Moon River

Recordings Kassel's or, B.

Littler's Or. ” "0

Herman's Or. THURSDAY PROGRAMS INDIANAPOLIS INDIANAPOLIS WIRE 1400 (NBC-MBS) WIBC '050 Dawn Patrol Devotional Ranch Gang

Markets Dawn Patrol Breakfast Jam ”» ”» ”» ”»

iNsianaroLis WFBM 1230 (CBS Net.)

Early Birds

9.25 Cull . Feeder, Stocker Cattle, Calves Receipes, 3%) Stee

CINCINNATI WLW 700 (NBC-MBS) Mornin’,

25. 19: Low,

— WEI ~ CRN

“1 Te

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02 3

Net Last Change | Ts 54 5%

High Low

7 8

Sime to Shine

Gono) o izery Pioneer

Caravan ” ’

Beautiful Life

% Mo Pac pf | Mont Ward Murray

. Ta . 241 5% —N 22 6's .. 163g

2921

”» » News Citv Todav Air Kitchen Editor's Daughter Man I Married Other Wife

Plain Bill Woman in

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JIOOICI + BI IT fe

Freddie Miller Bradstreet Choir

Miss Julia

"Kitty Kelly Myrt and Marge Hilltop __ Stepmother

Coffee Caos Hits of Da Fashion Footlights Devotional

— —

22 6% .... 163s 1s | 22 od | 15

a AD DD END END AED DE

on © tpt CD td a Gd AX RE AND aN ®

NChé& StL .. Nash-Kelv “es Acme Biscuit 22's Cash Reg 15 Dairy 1 Dairy pf B 11 Enamel ... 131 Gypsum « i ad 197 Lead pf B . Sup o- . Tea

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# TT == D ele Ei NDT DW

Man J wiaried Othe Plain Be . Happiness

Linda's Love Road o gle

Reflections Dr. Swing Charm House Shopping Guide

House

—

pT DAI NDI DTIC § BI = UV fs iecccs! ! ' LLLTD XXPE | sisters? Ed

Whit»

David Harum Road of Life Against Storm Guiding Ligat

Singin’ Sam Dr. Malone Headlines Linda's Love

Mary Taylor Brenda Curtis Big Sister Life Stories

"Kate Smith Girl Marries Farm Circle

Friendly

Public Schools Ten Castle Time Guiding LiTne

Noondav Rhvthms Woman Speaks Blues Chasers O'Neills Rhythmakers Farm Boy and Girl '" » ”» - Fllen Randolph Editor's Daughter Little White House

Betty and Bob Grimm's Daughter Valiant Ladv Church Hymns

Mary Marlin Ma Perkins Pepper Young Vic & Sade Backstare Wife Stella Dallas

Against Storm Miss Julia

Kitty Keene

nN xo Seas ANNE @o pt =| 3333] oz g

cutter). 7.50- 8.75 Calumet & H.. Campbell Wy Can Pacific... Caverpiliar T Celanese .e $ 8.50- 2% Ches & Oneal _

3 002

-3 = i & :

SHEEP AND LAMBS (Receipts, 629) Lambs

Good and choice Medium and Rood .s Common

Home Folks Good Earth Bill Jones Tommy Sutton

Band Box Shut-Ins Number ,, Please

Farm Hour Markets. Weather Reporter

_Mt. Holyoke

Betty & Bob Grimm's Daughter Valiant Ladv Church Hvmns

Marv Marlin Ma Perkins Pepper Young Vic & Sade

Backstage Wife Stella Dallas Lorenzo Jones Widder Brown

Girl Alone Midstream Midstream Dick Reed Jack Armstrong Dessa Byrd Invitation KEY NETWORK STATIONS (Subject to change): UBS—WARBC, 860; WJR, 750; WHAS, 820; KMOX, 1090; WBBM, 770. MUTUAL=WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM, 850. NBU-BLUE—-WJZ, 760; WOWO, 1160; WLS-WENR, 870: KWK. 1350. NBC-RED—WEAF. 660; WTAM, 1070; WWJ, 920; WMAQ, 670.

~ Farm Bureau News Kitty Keene __Shoppers Guide

CET (ol G | nt wt

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3 Wis

| Dr Susan Melodies My Son & 1

~ Jovee Jordan Society Girl Uncle Jonathan _ Richard Maxwell

~ Tech Show Children’s Carol Vocations __ Smilin’ Ed

~ Kathleen Norris Golden Store Hollvwoond Scattergood

——

Pianorama Community Corner Number Please

Concert Honolulu Old Refrains Band Stand

Jamboree Silent

Rates Change 95

ID mp D em D seid =

' Andnndn BWW IIS PD

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1238,000 bushels last year. » The Crop Board estimated the corn yield an acre this year at 29.5 | bushels, compared with 27.8 bushels - last year and a 1928-37 average of 23 bushels an acre. The corn production estimate was tu» 28,000,000 bushels higher than a IT IS THE DU of the Justice Dee month ago and 310,000,000 bushels Departmce, b ey Oe | Tn higher than the 1928-37 average of pa enforce ese laws. 13 2,309,674,000 bushels. That is a duty, however, which the| The most important revision in department has never performed. Barrows and Gilts (Gone and Chose: estimates was a 2 per cent increase Q uk : i ; ! Both Cleveland and Harrison prac- Cholee : 535 300-08 1-3 Bi he outings ~ When x od wo . 5. Y rom tically ignored it. . Since then there - 160 oh. 4.85- 5.00 Abbott Lab .... 739,445,000 bushels to 754,971, 0p! have been sporadic attempts at en-! 180- 200 s.10- 475-4331 Aqams Exp bushels. forcement, but never any real, 3%: 240 533- & .. 4.60- 4.75 | Ak ede -ee 53% The crop board's estimate of corn| hones t-to-goodness enforcement. 25. 300 350 Meo 4.40- 4.75 | Allied. Chem production in Indiana compared | ToL pet S women bo Di BY nt Jllicq Camm . with last year, was 213,416,000 com-| been bec 300- 3 5.20 Medium and (3ood— | Allied Stores .. : bees pared with 173,389,000. Department has been manned by | Medium - 90- 120.. 5.25- 5.50 Allis-Chal 39° 3 ul corporation lawyers more in sym-| 150- 200 5.50 | Aetata es Yesterday pathy with the violators of the laws oo ® Vealers (Receipts. 990) [2m Bk Note pf 28 Yi Week age Cu rb Stocks than with the laws. excluded) | m Br Shoe ... | Month Ago A —., Am Enc Til 23% In ® This flouting of the law reached 350. : 6.50- 135 | Am. Haw §S ... 38) ¥ i Year Ago By UNITED PRESS 21 | . aust " Net its highest development in the gres- jo e311 6.50- 1238/2 Cs pf A 430 yl Sikh. (1550), SO INi= LAW, Wheat slid off another 2 cents in High Low Last Change| ent Administration when enforce- 1300-1500. 9. . 6.25- 7.00 Am Rad & SS 9% + WN nervous and erratic trading on theiam gid" .p “6: ; 3% T a | Roll Mill .. 16'4 ‘en 15 UTILITIES i pep... 4 +. 3 ment almost came to a standstill] Good— on 5.25 6.25 AT Seating ... 10 1 1 Yesterd —0.04| Chicago Board of Trade today. All|/Am Super .. .. —1-16| under Mr. Cummings. Now, how- | o30- 300. 2.18-10.5015000 aalers Am Ship Build 377 er — "156 soa6l 1 : ark N Sa A, eves 1 ever, under Attorney General! 1100- 1300 8.75-10.25 Choice pl am > Bla | Month Ago 25.58 —0.08] jzrains Ware lower, aE a) Murphy, Thurman Arnold has in- | 1300-1500 8.75-10.00, Common ai 7.50-19.50 Am | Year Age 21.34 —0.12| At the end of the first hour Bas © augurated a vigorous campaign of (130-1100. 7.73- 9.33 5.00- 7.50 | AT High (1939), 20.31. wheat was off 1% to 3'4 cents, with|Bell Al ST cman skningt luton of the | Common oe » im Wa wa High (1938). BU. the May future at $1.04 a .bushel.] (Brill Cp Ass - 'S In the building in-| 750-1 25- 7.50! Anaconda dustry. For this he has been de-| Steers, Heifers IChoice— | Armstrong Ck Corn was off % 10 % cent, oats and, | Cent he CULE , nounced by labor which, through the BN 350. D.OG-1005 bonne 300-1000 ATeRison ee. > |rve unchanged to off ii cent, and/ Cont St “Blew. A. F. of L., has been a busy collabo- | Goo S Good — > “oc | Alchison pf ... 3 52 bees % 'soybeans 3!'2 to 4!2 cents lower. Cities Serv . . | - - 9. ine .... a sesh rator with sub-contractors and ma- To. s2s-10 doo 1000: 330-323 All Refine 1 1 ve *| A. T. & T. capital stock ced | Coton Dev Da. terial deal £ Heifers IMedium— | | to within a fraction of its high for |g : : ealers in nullifying these! 500-1000. 7.00- 8.25 | Com & So wis 1-18 laws. But Mr. Anold is on the right| 750- 900. 10.00-11.00 Common— * °°° Balt & Ohio... %a) the year to feature a quiet advance! Com Bert © 3) track. And if he will persist in Good Sto %-16 500- TO 6.00- 7.00 Bardsdall on the New York stock market. | Creole Pet’... these prosecutions vigorously he will | aN Lond Medium and alt Ben Ind | The stock reached $170.25, up Pus, Fover --: 8 { 7.25- 9.00: ROO - 5 | Bet tee y J - do more to restore the building in- | Common — Calves (steers) | Bla Knox “ry |$1.12!2, on investment buying. West |S AGP" dustry than all of Mr. Roosevelt's! 500- $00 6.00- 7.25 Good and Choi oice— : ‘2 ern Union hose $1 to $26.75. Gas & | Hecla Min deficits put together. Cows eS own 35.25.1100 (Bors Warner |electric utilities were slightly high- | Humble Si Good 8 £50 1.00 500 down 8.00. 9.25 Bklvn- M “aR ler. U. S. Steel and Chrysler rose | jm, No Am .- ow» ium - - Bi (heifers) | Budd Mt BG ot 3 | nearly $1. Copper shares were firm. | Lehieh C&N BUT THE anti-trust laws were! 4.30- 5.30 300 down $8.75- 9.75 Rubbers were quiet at small gains | Molv Ward not adopted to apply merely to the] 3.75- 4.5 and mercantil Mont LHP . Be 450 eum antile issues were firm.|Mont LHP Puiiding indusies: By apply to |New York Central and Pennsyl- |X" y zim industry nd industry quite | vania were firm | via a \ : el on. H generally ignores them. Unlike his! ox Security prices on the London | No. om L&P . course in the building industry, Mr. 's| Stock Exchange were irregular, RES 3p ot mn Arnold, as respects other industries, 4 , i S S oes espite satisfactory overseas trade Sherwin-w seems to be trying to find a way to Ewes ton ‘shorn basis) | Ghrysier 5 5 3 oh ee Pre-holiday liquidation was Sunray, oil .... substitute for the anti-trust laws a Good and choice caine 3.25- 4.00| Ciuett Peab ... 3 35 : 's | 2 Nic {Ohio Oil = noted. Un Gas Corp system of industrial regulation by Comite and medium .. 2% 2 Got Carbon ee: 5 : [OUs ew Ye Ta Gae Cb pI 5 . the Justice Department, the other Com ; TY 5 ; : % | arnold on | Com Inv “vi | v cabinet departments and the courts CHICAGO LIVESTOCK |Com solvents 13: Pac G & El .. %»| DAILY PRICE INDEX | Comwith Edison 31% {Pac Tin Cons. ‘a : F REI E through the medium of depart-| Niogs-Receipts, 16,000 ened 10@20c | SOMWith & So. a -+,. | Packard 1 NEW YORK. Dec. 20 (U. P.)— 0 GN XCHANGE sent decrees, Toons and €on- | nigher closed ‘active, generally 15025 up. | Gon Atcran Jas) fy Eat ess 101 i Dun & Bradstreet's daily weighted |, NEW YORK. Dee. 20 (U.P. _Foliow- ! S n Tac- | Cons Edison ... 297s ® Para Pic 2 pf BS 's ng are noon cable rates on major curIf the people of the United States | deal top. $5. 85: Iew choice Tight weights | Cons Film of i. **y, Park Utah .... 21a price index of 30 basic commodities, | rencies: Cable Net want to substitute regulation in|$5.606G585 280-270 Ibs. [email protected]: MOS | Gontainer .. 163 iPaiEe Dav 1, ‘compiled for United Press (1930-32 England (pound) .... industry for the anti-trust laws, the 310-330-10. usher, SEIS8, alk Se HOON SB. Ju \"*1, | Penney 1, average equals 100): Canada (dollar)... sgency of the Government to decide | EE ie ines S00: calves, L000: gen So at Dia FP. ee PAY . oI eR _'* Yesterday weeny 123.83 |Ltalv lira) that is Congress and not the Justice | ora] market very active, mostly 25¢ higher: Sone Sot Del a 3 ? 5 = 3% phen Dots i 31 Je Week ago teereeneens 121.99) nr ae) Department. And if Congress de-! bulk medium weight and weighty, steers, 43, x... | Phillips Pet rye 3% $2 IMODED BO +vuvvvnuiureneess 11818] Switzerland (franc) cides on a system of regulation, it| ects in market: shippers and order buvers | Pitts Coal oe Year ago 104.82 | Sweden (rons) will also decide what is the best! taking bet fer grade vearlings s and good to] Curtis Pub | Press Du 23 14 1939 high (Dec. 18) .......... 124. 19 Norway (krone) instrumentality to carry out Such| classes sharply higher than “week ame | Curtiss Wr | Public Serv .. 11939 low (July 24) 101.40 | Denmark krone) ; p g g | Japan (ven) .. .. regulation. | some weighty steers $1 over last week's BR uly Sof. It is not the function of the lon time: top. $1140 paid for lich Lon Boenler D Gast. + | Pure O11 Justice Department thus furtively to| 1131-1b. offerings. $11.10: Air 2) d 1545 Ibs. $10; numerous Jogds medium introduce into our system a left-|2n 32 \ ’ For any of these Beautiful Watches at ROST’S.

e Oil “4 CE 1480 1bs., $10.75, Douglas Purity Bak we.ght and weighty steers, $10@1

4 0.75; sev- Dressel Mig x=. 153 “e hand device for institutin eral loads medium weight, “se DE If there se be 2 ls rough but fat weightv bullocks, [email protected]; A Kor... | Revere eu pf .. < | Ran Nob B.... 1 od | Safeway 5 of.. St Jos Lead .. Schenley Dist . ulte R

[email protected]: | pu Pont these are short feds: short fed heifers, trial regulation it must be done by $3.50 down to $8. strictly choice 995-lb.

t \ 1 a body of administrators familiar|gs 2s: seucire Bois 87 50 arco ™S cop. to

with economic laws and not con- | 810. 3 down. very few. $11: stock cattle Scarce an Siow gressional laws. The last place to| sheep. Receipts, 4000: late Tuesday all lcdge industrial regulation is in the Siasses steady: fat lambs, [email protected]. top,

East Air Lines. . 3

10212 . 401, 111% 3

WALTHAM PREMI

WACHUSETT 10K goo.

Fed Dep St..... Firestone T

33 | First N Strs....

No Carrying Charge

.. 47 . 827% 15

Baking ... 0 Cable pt... 51 Cigar us 1634 Electric .. 40% 54

. 18 - 58 . 293; 57 812 7 21% 195% seve 233% ~e. 1712 . 26% % 16%

Styled for Beauty

Built for Accuracy

“a | Soeast. Grevh L ®| 1 E

| Studeba he es | Superior Oil .. Suth Pap

L Greyhound Cp..

Open Evenings

Hecker Prod ... Hud Bay M&S . Hud & Man

. Texas Corp .... Hupp Motor.... X

HS 00 + C3 00 Jd ~~ ee

20 (U. P.).- ve 18 | Union B&P .... 38 {Union Carb | Un

Tank gn Aircraft Op

. Ns i 10% 38% wli-

- we

Johns-Man United Fruit Un

Gas Imp... Gypsum Realty Rubber Rub 1 ot. Steel Stk

10% 38%

Kelsev-Hayes

courts. This is the policy which $585 good vearlings $6.65a7. slaughter 35 cents higher: sows steady ix $6.15: $4.75@ 5.50; common to good fat beef cows mainly gift of a week's salary for a week's choice vealers ahout steady; Mining company has had since 1919. (Ibs. $5.35: 260-280 ibs, 20 : € will | = hig 160-200 include children of the family being 5 75@§. 220-250 lbs. Kennecott

[email protected]. today's trade fat lambs | seems to contradict Mr. Arnold’s ex- | active, steady to strong: good to choice | cellent program in the field of] 260-225 Ibs., $6.05: 100-140 Ibs. | "ea sows, £3. 50% 4. 2 Goodrich total, 325. Calves— : catch-as-catch-can trade on Goodyear 974 $5.25@6: and cutters. $3.25@3: 24 2 h $10@ 11 most good 3% y > | and choice, a 1 vacation in January or February. Sheep—Salable 200: generally steady; The distribution is part of a $105,355. Int Nickel bs. $5. 55: 340- 260 $5.30; 280-300 1bs.. P&P pf [$5.05: 300-325 Ibs. § It was also announced that the 350-400 Ibs. $4.65; her; 1bs.. by. $575.30. Pigs, $5.75 down. Fought " i us A 5 igs, T own. oughs, outfitted with clothing by em- s¢ 75. Caives, $1 ployees of the Indianapolis store.

wooled lambs, $8.50@ 8.85 freelv: best still i held around $9: good vearlings, $7.50: | building. Cattle—Salable, 250; |p Cattle 310: G few sales medium to good yearlings strong to higher; | few good trucked-in native lambs, $0@ 9.05; 3 {Tide 000 made in the company's stores | shoice absent; common and medium, $6@ [Ind Rayon . Be 7s | Transamerica throughout the country and is in| = —— FT. WAYNE, Ind. : 345-350 Ibs. $4.85 Shoe 140-160 Ibs. $5.75: 120- Int store's annual Christmas party will| 13%) S30: $10.50@11. Lambs, $8.50 down. Chicago Stocks Chicago Corp

sheep about Sigaay: few native slaughter | ewes, $3.75G¢ CINCINNATI. Dec. 20 (U. P.).—Hogs GIFT TO EMPLOYEES Salable, 2400; total, 2925; open slow, 1 | light supply; F. E. Thornburgh, local manager iy ad steady, most early les m r sales eof the Richman Bros. Clothing Co.,| ium’ to good vearlings, $8.50% 9.25; comtoday announced the store's regular mon to medium, [email protected]; steers scarce; employees will be given a Christmas CAnTerS Inter RT...... | Trans & W Air. : arvester. . 20th Cent-F pf. addition to another $105.00 dis-| FT. Dec. ia tribution made in July. Mr. Thorn-|jgy js. | burgh said the policy was one the!220 Ibs. 75. 220-240 100-120 Ibs. $5.25. Roughs.|Intertvon $3.25. Calves, $11. Lambs. y be held Friday night at Hotel Wash- | $8.50. ington. At that time gifts will be| REY AFAYETTE, Ind. Dec Mu, P)--exchanged and special guests Will Hogs—Market 25¢ Chicago Corp ev Cities Service Comwilth Edison

405, ..110%3 Laclede G . 68% Laclede G p Libby McN & L. L-O-F Glass .. Lion Oil Ref

8 1415 63% 492 12% 15\a 32% 23% 193%

8 141g 63% . 49%

LOCAL ISSUES

uotatidns by the Indianapolis Bond & Share Corp. do not repre- ILS Ns d | sent actual price offerings. but merely in- Lae OLE Ay {dicate the approximate market :evel based tet {on buring and selling quotations of recent | a | transactions. Stocks Bi Ask | (Manat Sue .

Auto Invest Cor ) com. | Belt RR & Stk | Belt RR & Stk zas pfd Cent Ind Pow 77% pfd | Hook Drugs, Inc.. |Home T&T Ft Wayne 7% Ye *Ind & Mich Elec 7% pfd .... 7s | Ind Gen Serv pfd 109 1; {Ind Hydro Elec 7% 2 | Indpls Gas com . | *Indpls Pow& Light 67% 3g | *Indpls Pow & Light 6% 3: | *Indpls Water pid Lincoln Nat Life Inc com . *N Ind Pub Serv 5% pfd .. Pub Serv Co of Ind 6°, pfd. . Pub Serv Co of Ind 7% pfd.. Progress Laundry .e Pub Serv Co of Ind 6% pfd . Pub Serv Co of Ind 7% S Ind Gas & Elec 487%

. Vanadium Va-Caro Ch ....

The following

Pei oy

3 Wabash

f B.. Walker & Walwort

Warner “en

“w

37% 453 3% 14 3814 5 29% 14% 3934 116% 491% 39 9'% 4's

| $ IM y 551% ith St Ry pr

. Man Ry cts 69 [Martin Gl 14 |(Mengel . “es 3% Mesta Mach ... . Mident Pet Midland Stl 393% Midland Stl pt 116% Minn Hny €9'% Minn-Mol pf .. . 39 Mission Corp .. 9% Mo-K Tex pf .. 4%

Subsidized Industry Plan Hits Snag in Mississippi

Three years ago Mississippi embarked on a state-wide pros gram of attracting new industries through subsidies—free rents, free factory sites, tax exemption. What are the results of this venture into subsidized industry? This is the first article of a series reviewing the situaI~ tion as of today.

By VIRGIL FULLING Times Special Writer MERIDIAN, Miss, Dec. 20. — It was at noon when I stopped at a corner restaurant just within the corporate limits of this city of 40,000 in east central Mississippi, close to Alabama. Long rows of wooden tables were

ot > 4

Lid to - =

Willys Querland Wilson & Co Woolworth

pid 6 % pfd Yale & T ven 10

Young Sheet

11 1 6 1 2

LOCAL PRODUCE

Heavy reed hens, 5 lbs, and over, lle: under 5 Ibs, 9c; Leghorn hens, 7c; Barred, and White Rock roas:ers, 4 1bs. and over. 11c: under 4 lbs. 9c: colored roasters, 4 . and up, 10c under 4 lbs. 7c. Leghorn stags. 8: ‘Ibs. and over, 15¢; 17

No. strictly fresh country run eggs, 15¢c: each full case must weigh 55 lbs. ross: a net deduction oo 15 cents for each ull case under 5 s. will made. Butter—No. 1. 30'2 dle: No. 2. 29%@ 80c; butterfat—No. F No. 2, 26c. (Prices Quoted or Wadley Co.)

FOOD PRICES

ICAGO. Dec. 20 (U. P.).— les— Ne Mackintosh bu., RATT weet Potatoes Tennessee bu., [email protected]. Carrots, [email protected]. Peas—California bu. $2 2 40. Celery—Michigan crates, 60c@$l. Tomatoes—Texas lugs. [email protected]. Spinach —Missouri Bu., 50@60cs Onion Market (50. Ib. sacks): Towa Yellows, 60@65c: fdaho Whites, 90c; Idaho Spanish. 75c.

BENNINGTON Union Title Co com Van Camp Milk pfd $34.75 Van Camp Milk com .

Bonds

American Loan 5s '51 American Loan 5s 46 ve Citizens Ind Tel 4'as '61 . Crabbs-Reynolds-Taylor Co 5s 197 Home T&T Ft Wayne 5% Home T&T\ Ft Wayne 6% : Ind Asso Tel Co 42% 6 Ind Tel Co 5% ‘hen Indpls Railway Inc 80, "67 ... Indpls Water Co 3% az» 103 53.1!

broilers, Ibs. and

over, 13

Chamber of Commerce sponsored a plan to obtain the shirt factory for. the city. People, particularly those on nearby farms, were destitute and desperate. | The Chamber of Commerce pro- | posed to raise money by public sub- | scription, erect a factory and offer | it rent and tax-free to a manufac- | turer. Citizens raised $100,000. There was jubilation in Meridian when the contract was signed. It provided that in return for paying out $1,000,000 in wages, all ad-va-| lorem taxes on the plant would be

3% Interstate Tel&Tel 5'2 Kokomo Water Works. 5% Kuhner packing Co 42% Morris 5&10c Stores 57% Muncie Water Works 5% Nat Silk Hosiery 5s 42 . Noblesville HL&P 6'27% Public Tel Co 42% 3% . .... ‘| Richmond Wat Wks 57% '57 .. Terre Haute Wat Wks £75 56 Terre Haute Wat ke So 49. 102

WAGON WHEAT Trac Term Corp 5%

olis grain elevators are payin fo Ingiananol sd $1.01. subject to marke change; other {grades on their merits. Cash corn, new No. 2, 52¢: No. 2 white oats, 36c.

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

*Ex-dividend.

U. S. STATEMENT

WASHINGTON, Dec. 20 (U. ernment expenses and receipts current fiscal year through Dec. pared with a vear ago This Year Last Year . $4,467,824 726.04 $4,198.476,771.99 2,592 919,290 2. 118. 6.839. 089. 28

P.). —Govfor the 18, com-

Expenses Receipts Gross Def. Net Def. . Cash Bal. Work Bal. y Pub. Debt. 41,891 640.296 68 39. 403, 763,307.26 Gold Res.. 17,569, 53.999.80 14,430,335,749.33 Customs . 169.676 414.21 154,430,247.02

INDIANAPOLIS CLEARING HOUSE

lined by long rows of benches and seats—all vacant. Across the street, surrounded by a high iron fence, was a two-story modern factory building. Built of brick with glassed-in sides, it covered a city block. When the factory, one of Mississippi's early experiments in subsidized industry, locked its doors, it dealt a body blow to the state's sec-

(ond largest city. Business, geared to

the factory's average payroll of

$200,000 a year, dropped suddenly.

Clearings $2,955,000 Deb

Safest RRR 9,327,000

It was in 1934, in the depth of the depression, that the Meridian LY

{¥

waived for five years, rent would be! free, and after the $1,000,000 had been dispensed in wages, title to the factory building would be conveyed to the shirt company. | Less than five years later the company had paid out its $1,000,000 in wages and acquired title. Shortly thereafter, last May, it closed. Taxes | on the building would have Started | next Jan. 1. Even the building which the citi- | zens of Meridian had paid for was no longer theirs. The company offered to sell it for $100,000, The offer is still open.

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