Indianapolis Times, Indianapolis, Marion County, 29 December 1939 — Page 16

FRIDAY, DEC. 29, 1939

URGES BRAKES

j John T. ON INDUSTRIAL

S iL Flynn

NEW YORK, Dec. 29.—Japan we are told, is wrestling with the eternal problem of debt. Her national debt is now probably somewhere around 21 billion yen. The ven has a value in exchange now around 23 cents. But actually its The Federal Trade Commission topar value is 49.85 cents. {day recommended more stringent

rr, Bon Ot le [eunteel of industrial combinations y RE NING land reported progress in its drive

not regulate the value of the yen in Japan. to protect consumers from deceptive To understand the load of this trade practices. debt we have to understand that|{ The Commission, in its annual reJapan's population is about half port to Congress, said the Clayton ours. We have a debt of 41 bil-| Anti-Trust Act should be amended lion dollars. Japan, with a debt to prohibit the acquisition by one corporation of the physical assets

of 21 billion yen, would seem there- | fore to have a debt load about the of two or more competing corporations, where substantial lessening of

same as our own. But actually that load is far greater. competitior between the corporations may result.

” ”n ® FIRST OF ALL, the purchasing| Acquisition of stock under similar circumstances already is prohibited

power of a yen in Japan is far greater than the purchasing power by the Clayton Act, but the Comof a dollar in America. In the mission felt that its objective had next place Japan is incomparably been defeated by corporations which poorer than the United States. ysed the other method of obtaining control.

The pressure load of a debt is deKeystone of its attack against un-

termined by the size of the debt and the financial ability of the fair methods of competition, deceptive selling practices and monopo-

group which it presses. These people live upon a ration |jistic restraints, the Commission pointed out, is the 1938 Wheeler-

upon which the American would | starve, They are in no condition to | Lea Act which emphasizes the pro[tection of the consumer as a prime |

suffer any further curtailment of their standard of living t0 Pay function of the agency. That law taxes. permits the Commission to proceed | A debt of 21 billion yen would be {against firms charged with unfair equivalent in pressure in Japan to or deceptive trade practices. a 150 billion dollars in this country.| eonsumers also have benefitted If we are disturbed about our 41- from * billion-dollar debt, what must be {ne pa the situation in Japan?

w EJ EJ THIS IS WHAT war has done for

Reports Progress in Consumer Aid.

rt of industry generally,

the public and to business of elim{inating unfair practices and harmthat country. These immense out-|ful restraints from trade and comlays have been necessitated by her merce and of dealing fairly and ambitious attempt to dominate the | honestly with the buying public,” Orient and the enormous military |the report said.

efforts which this has required. If the war in China lasts another year, this debt load will be increased] DISPUTE GROWS OVER about 27 per cent. If the strain on | her gold continues, what will be her | position in the international mar-| COMPETITIVE BIDDING embarked. We have committed ourselves to the policy of keeping our| WASHINGTON, Dec. 29 (U. P). economic system afloat by Govern- —Controversy over competitive bid- | ment debts. It takes no brains, no ding by underwriters for securities | statesmanship, no courage to do|jssues spread today, with the prostrend. And it takes more when gispyte. there is always at hand another| wyormer Senator Robert J. Bulk-

kets? It is upon this road we have now this. It takes a great deal of COUI-|pect that the Interstate Commerce | age for a statesman to oppose this/Gommission may be drawn into the |

statesman or politician who points jey of Ohio, representing two Mid- | out to the people how generous he west underwriters, said the ICC may | is by borrowing more and spending (be asked to rule whether railroads | Go

more. But in the end this system should be forced to submit all promust crack.

come due. ding.

The SEC had indicated that it Geo may ultimately adopt a rule requirunder- | for |

ing competitive bidding bv {writers for securities offered sale by corporations. The indication was given b vthe SEC in ap- | proving part of a financing program for the Consumers Power Co. of | Michigan. The Consumers Power financing s, had also been potested by Mr. Bulkwor ley, representing Otis & Co., Cleve- | 353, land, on grounds of lack of competi322 tive bidding. Mr. Bulkley said a “43 similar protest to the ICC was being consdered by Otis & Co., and Hal- | sey, Stuart & Co., Chicago, whom | he represents, because of failure of {the Louisville & Nashville Railroad |

Chicago Stocks

Close 67 3 307% 25 35% 32 8% 33s 18

Low Abbott Lab 67 Asbestos Mfg Bendix Aviat Borg-Warner Chgo Corp cv pf Comwlth Edison Heileman Brew Ill Brick : Jarvis W B Manh-Dear .. McCord Rad A Noblitt-Sparks Peoples GL&C . So Bend Lath . Swift & Co Wisc BkShrs

LOCAL ISSUES

The following quotations by the Indianapolis Bond & Share Corp. do not re

sent actua. price offerings. but meter in. | to submit a $60.000,000 bond issue to

dicate the approximate market level based | on buying and selling Hiovations of reget transactions B ig Agents Finance Co com elt RR & Stk Yds com. *Belt RR & Stk Yds pfd Cent Ind Pow 7° fd Hook Drugs *Home T&T Ft Mich Ejac

competitive bidding. Wendell L.. Willkie, president of Commonwealth & Southern Corp., . {parent company of Consumers Pow- | R ler, expressed hope that refusal to 531, authorize the $10,000,000 bonds “wiil |not require us to lessen our exten- | 'sive projected construction program in Michigan.

Curb Stocks

Net low Last Change 33 1 7

5a:

T% vfd 781% Gas : 21 pig... ... *Indpls P&L Sl pid’ oe *Indpls Wate: pfa " Lincoln Nat Life Inc com .. N Ind Pub Serv 5'27% pid .. N Pub Serv of Ind 6% pfd.. N Pub Serv of Ind 77% pfd ... Progress Laundry Sue Pub Serv Co of Ind 67, pfd. .. 4 Pub Serv Co of Ind 7% pid... 8S Ind Gas & Elec 4.87% pid 3 Terre Haute Electric pfd..... §¢ Union Title Co com s Van Camp Milk pfd .. Van Camp Milk com......... Bonds

American Loan 35s American Loan 5 Citizens Ind Tel Crabbs-Reynolds-Taylor Co 5s Home T&T Ft Wayne 5127 55 Home T&T Ft Wayne +368 9. . Ind Asso Tel Co 4!':2 65 1 nd Tel Co 5% 80° a Indpls Railway 20s 50, ‘er... ndpls Water 32% . PEatite Fela Tel 51 % ‘53° .101 Kokomo Water Works 5% 58.. Xuhner Packing Co 4'2% 49..100 Morris 5&10c Stores 5% S50.. Muncie Water Works 5% 65.. ! Nat Silk Hosiery 5s 42 Noblesville HL&P 6127, 47.. Public Tel Co 4'2% 55 _ Richmond Wat Wks 5% 57... Terre Haute Wat Wks 57% 56.. Terre Haute Wat Wks 6% 49. 102 Trac Term Corp 5% 57 *Ex-dividend.

Aero Sup

w 6

' >»

¥1-16

— DE Dad

Asso G&E A .. Bath Ir Wks.. 1 Bell Air 1 Berkey Gay Fur Brewster Aero . Can Marconi Carrier Corp Celanese 1 Cent & Childs pf Cities Serv

Col So wis.

SDH vie PET @eT ata io ono a

| Co m & {Courtauld

1g | Va

i Kk 7/4 | | Humble Qu - on Imp O -. | Lehigh Gan | Nat Contr

8 4 2 8 | Niag H Pwr | Pennroad | Sherwin-w 93 Sherwin W pf’ 115 | Std Oil _Ohio.. 323% Tampa Elec 341, Un Gas Corp 15g

| Un

L Wright

5 Ya

} Ya

Hare :

NEVER RELEASED FOR SLE V7 A 7 4

@ The public would be very favorably impressed with the seemingly endless aging and storage cellars in the Hude. Room after room contains rows of giant wood and glass-lined tanks---EACH holding thousands of

pohl Breweries.

gallons of beer. And you can be

ful of Hudepoh! Beer that you drink 1s smooth---mellow--.

appetizing. HUDEPOML BEER

FOR SALE UNTIL IT IS THOROUGHLY AGED.

DELIGATELY-BLENDED FLAVOR FROM NATURAL AGING OF FINE MALT, GRAIN AND WOPS

ohl B

CINCINNATI, OHIO

MARION COUNTY BEVERAGE DIST., INC.

529 W. Court St.

COMBINATIONS

Federal Trade Commission

WASHINGTON, Dec. 29 (U. P.) =]

the growing understanding on mn and 53 of consumer groups, of the value to 2

Then the bills will posed securities to competitive bid- |

5 low

THE INDIANAPOLIS TIMES

Business Activity Dips Again

PAGE 15

STOCKS MIXED

i. 9 { | PREPARED BY ADMINISTRATIVE AND RESEARCH CORPORATION - NEW YORK, 1926 =100 mal A i i

AFTER EARLIER

Reinvestment Aids Some High-Grade Issues; Wheat Higher.

By UNITED PRESS

» MAR APR MAY JUNE JULY AUG

JAN. FEB

NOV

Stocks turned irregular in the

High Alaska au ‘u'r 4 Allegh C orp . Allegh Lud Stl 2110 Allied Mills .... 13% Allied Stores ... 8% Allis-Chal ver WW Am Air Lines .. 46 am Br Shoe . 44%

Can «113 Car & Fdy 31'%

HEAVIER HOGS DROP 5 GENTS

Top Price Falls to $6.10; Vealers Steady at Stockyards.

Net Low 65s 7 21 13% R3

. .s 1

Am Am Am

Am 3

FHF FE

A 1 Hogs weighing more than 160 Am “ry pounds were 5 cents lower at the Am eco Union Stockyards here today, ac- | am cording to the Agricultural Mar-|am keting Service. An A 15-cent decline was made on a | am small quota of weights under 160 | Am Stove Co .. pounds. Top price dipped from Am T & |$6.15 to $6.10 on the 160 to 180-|4mM {pound class. Vealers gained 50 Am cents as compared to yesterday's $1 fadvance to bring the top to $13.50. Atchison ...... Packing sows sold near steady Ai cane. prices. Native lambs also held even. Atlas Corp

t 44

Roll Sid

| Top Rete {Balt & Ohio . 4 Balt & O pf... Barnsdall . 51 | Beech Cr RR .. Bendix Avn Beth Steel

Dee. Top Rents, Dec. 9 <6

Barrows and Gilts |

Good and Choice ~ 120- 140 $ 5.25- 5 140- 160. .60-

Packing Sows

Blaw-Knox and Choice— | Boeing Air 300 § 4.65- 4.85 Bond Stores 4.60- 4.75 Borden

4.50- 4.65 Borg-Warner 4.60

1 1 1

Gooa 50! 300-

6.00 330- 360.

<99=

| y 4.00- 4.50 Slaughter Pigs 4.90 2:05 Medium and Good— |Cal Packing ... i 90- 120 4.75- 5.35 Calumet & H 5.25- 5.75! ec So ‘ue Anon His... & Neer (Receipts, 591) bmp : | Caterpillar TI." . Celanese . ... | Cerro de Pasco. 37

pH "300. Slaughter Cattle

72 Steers Bulls 34% Ghote Feaiines' exciudea, 0! SAo= 1. - 900 S510. 0 BR 231 Sausage— | Lida Ts00

5 Good on | 1300-1500. 102-11. 5 Medium . . | Good—

Catte: and m 750- g- Jo

; 1100- 1300. 1300- 1500.

ediu | 750- 1100 | 1100-1300 Common — 750-1100. 6.75- 7.7

Steers, Heifers

Good and choice o be olga a e- P-P .. 9.00-12.50 Col Fu & Ir .. 6.00- 9.00 Column Gage ... Col. Pict vtec... | Com Credit Com Inv Tr {Com Solvents.. | Comm Edison.. -10.00 Comm & So... - 900 Cons Edison | Cont an . Wo 50. 9.25 Cont Oil Del.. 00- 875, Coty . “< | Srane Co 5 rosley 3 7-00- 8.25 Clucible “St 40'7 6.00- 7 Ss

Feeder, Stocker Cattle, Calves (Receipts, 560) Steers Chater 800. 9.00-10 2s. 200- 1050. Good —

9.25-10.25 500- 800.. \ 800-1050. Medium — | 500-1000. 8.75-10.00/ Common — |

- 900. 9.00-10.00 Cow 7.50-

Medium and | 9.00, good $ 550- 6.25 | 500- "900 6.00Cows

Mix

ced — 00 500- 750. 5 od —

A..

| Calves (steers) 6.75/Good and Choice— 1.920 down $9.25-11.00 Medium — 7.00 500 down 800-9 6.50 Calves (heifers) ../Good — 5.75 500 down $8.75- 9

Medium— | 4.75] 500 down. 7.50- 8.75

Deere & Co D Lac & W Dev & R A 9= | Dist Seag “| Douglas Air |Du Pont 75 Du Pont

. 233s “oe 53s . Nh 18%; Jey B82 ... 180%; ..122

Good ....$ 6.50Medium . 5.55Cutter and common 4.75-

4.00-

2 East Air Lines. 31% SHEEP AND LAMBS (Receipts, 5

Lambs

332%) |Good and choice | Medium and good Common

CHICAGO LI LIVESTOCK | Falr TS

| Hogs—Receipts, 12.000; opened steady to Feu Phen 10c lower; later trade fairly active, mostiy | Follansbee steady to 5 cents off: bulk good and choice [160-220 1bs., = Za 80; ghoice lightwelghts | to $6; 220 1bs., $5.40w 5 40-270 bs. Baer 1s. 25@ 5.50; 270 lbs. up, $5@ 30: good 400-550 Ib. packing sows, $4.25 a4 Gattle—Receipts. 1500; calves—400: moderately active cleanup trade; prices gen- | Srally steady; bulls again selling stronger: bulk steers and yearlings, g0al0; sprinkling yearlings, $10.65@ 11.15; { loads, $11.35@ 11.50; good 1387- 1476 © Tb | steers, $9.75: best heifers, $9. most short { feds, [email protected]; best cows, $5.75@ 6.85; strong weight cutters, $5.50; canners, $4.25 | Glidden 24.75; weighty sausage bulls, [email protected]; Goebel Brew selected vealers, $11.75; bulk, $1011.50 {Goodrich stocker and feeder trade very slow; load | |Graham-Paig lightweight feeders, $9. | Gt North xe Sheep—Receipts, 9000; active on |Gt W Sug pf. classes; fat lambs and vearlings steady to|Green H L strong; sheep firm: good to choice wooled | Grevhound Cp. lambs, [email protected] freely: early top, $9.45 on | | one deck; best held higher: good to near choice: slaughter vearlings, $7.75@ 8.25; Tow | Hack Wat pf A native ewes, [email protected]; Western ewes as| [Hang 5. pi.. vet unsold, quotably his higher. arb-Walk

Hat OTHER LIVESTOCK

CINCINNATI, Dec. 29 (U, P.).—Hogs— Salable, 2400: total. 2775; holdover, 50. | Slow, generally steady, but some buyers 111 Central {not fololwing and bidding. 10 to 15 cents|y)] Cent L L ... er, ctical °p 25. 200-225 lbs. | Tnspiratn Cop . $6.05. 18o- 40 lbs.. [email protected] Inter R T Cattle—Salable, 500; calves, 200. Slightly 4 less active, but prices generally steady jwith week's advance; some cows stronger, WE £10:

9.35 Elec . 8.00. 8.50 Elec Pwr & Lt 6.00- 7.75 EIPw&L $6 pf. 263% EIPw&L $7 pf 31!2 | FlIPaso Nat Cras 417s 400 Eng Pub S .. nm Pl Erie 1 pf 3

Ewes (on shorn basis)

Sood and choice

. 4 mon and medium

Cable Cable cigar Electric Foods Motors . Mies > pf 131s Rv

Thire. Eq . 1215 T&R vo SAY, S R.. Bros

Gen Gen Gen Gen Gen Gen | Gen | Gen t| Gen Gen Gillette Gimbel

po G3 OG ha

all |

— LILIES ee a

“IBN DONO oe

— Now “1D 0 NaN

Com

Mo He on ‘oii ° Hudson Motor { Hupp . Motor....

a . Naa — Ct LI bt OD ht pt BOD J 00 CIC =D de OW No ka Oa

| Interchem pf | Interlake Ir { Int Int P&P “e's jjnt P&P pf. Jule

Int T&T “ve Int T&T For...

ES T= ET Lad BD T= OIL LOD PY Noe F

of =

, practical top. 8 sausage “bulls, $7.50 Sheep—Salable, 100; total, 100. Nom- | inally steady on meager Suppl ood | quot e 0a 2s

| trucked-in active 48 50: slaughter | Ih Kelsey-Haves A. 3% . 4

{common 2nd medium, | tt FT. WAYNE, Ind. Dec. 20 (U. Renneee

ewes, $3 down P.).— | Kroger G . | Hogs—5@ 10 cents lower: 160-180 lbs.. $5.95 | wereoes 180-200 lbs., $5.85: 200-220 lbs. $5.70: 220 240 Toss : 1bs., $5.25: 250. 280 Lee Rub lbs. = : 300-325 Ibs. | Lehman 223 $4. 70. 35. 5 . $4.60, 350: '400 1bs., $4. 50; | Ligg & My B 10814 | 140-160 1bs., 120-140 lbs., $5.40; 100- | b . 120 lbs., $5. 15. Boughs, $4.25; stags, $3. 25; | Loe calves, $12.50; lambs, $9.

Market steady Ind.,, Dec. = (U. arket steady to 5 cents lower; 160 300 a 2002250 Tbs. $5 304 5.75. Lockheed Aircrft 32% . [email protected]. Pigs, $5.50 do — $4.50; calves, $12; lambs, $8.25@ |

Johns-Man

54!

PD.) Loria rd pf 41,

Martin Parry .. Masonite Corp.. 37 May D § 53 McCrory McKeesport .... Mesta Mach Ming Mol pt Mo-K Tex Mont Ward Mullins pf

Nash-Kelv Nat Acme Nat Biscuit .... Nat Cash Reg..

2 3 | Va

lg 3

Change

8 1

ls 34

«|

4 4

| DOW-JONES STOCK AVERAGES

2 | Month

Vy 7; cine Ltg is .

The upward business trend which followed the Thanksgiving dip was reversed during the week ended Dec. 16 when the Administrative & Research Corp. business activity index dropped from 106 to 104.1.

STOCKS

(By Uniten Press

early afternoon trading today at New York after extending yesterday's gains in the morning dealings. Reinvestment demand aided some of the high grade issues like Du Pont, which gained nearly $2 and American Can, up more than $1. Small gains were retained by the

30 INDUSTRIALS Yesterday

Month ago Year ago .. High, 1939, 155.92; low, High, 1938, 158.41; low, 98.95. 20 RAILROADS Yesterday Week ago ago | Year ago High, 1939, 35.90; Jjow, 24.14. High, 1938, 33.98; low, 19.00. 15 UTILITIES

Ys | Yesterday

Week BRO ...... ven vve ie'sivivle | Month ago

Ya | Year ago “a

High, High,

1939, 27.10;

1938, 25.19; low, 15.14.

steels, mercantile shares and electrical equipments. Rails eased to the previous close, and the utilities +0.96| turned narrowly irregular. +0.49| Trading quieted when the mar+0.85 ket eased. Earlier in the session, +0.7¢ dealings were large, especially at the opening when blocks of 1000 to 10,000 shares appeared. +051] Wheat climbed fractions to a cent +0.24| higher on the Chicago Board of +0.135| Trade on buying inspired by another +0. 44 slash in estimates of the Argentine crop. All grains were firm, At the end of the first hour wheat was up 1% cent to 13 cents, the latter for May wheat which sold at ©1$1.04 a bushel. Corn was unchanged . to 3% cent higher, oats up % to 3% cent, and rye unchanged to up % cent. Soy beans were 12 cent higher.

Last 23% 11

Low 23% 11 197% 2% J 8

Nat Nat

Dis stillers vs

Nat Nat N

Am |No Am vn v'e's | i

Ohio Oil 6Y% 173%

11 61%

6 - 173% vo 31 . 61% Pn . 48%

3s 1913

{OF ens Il GI

483% 3% 19% T5% 2 5% 227% 5% I 41 10% 141; 1453 112

Packard vo {Panu Am Air .. | Paramnt Pict . Park Utah ve puting ames .

Republic Stl : (Reyn Tob B ... | Ruberoid | Safeway Safeway ¢

19%

5 pf ..103 Fran...

103 11335 3

Sears Roebuck Shell Un Oil ... Skelly Oil

? Socony-Vacuum |So Cal Ed

Texas 8

A1W Pa El 7 of..

‘| West Air Bke | al Westing El

® Worthington .

: | Yellow Tr

s | [for No. 2 red w

{El valers Hutual

44 FIRE — CASUALTY AUTOMOBILE INLAND MARINE

INSURANCE at substantial savings

Ha. 3000

certain that every glass.

IS NEVER RELEASED

eer

THOROUGHLY AGED

Phone Riley 5395

FORFEITED AD

‘| Warner

South Pac South Ry Sperry-Corp Spicer Mfg Spicer pf . Spiegel Inc of. . Std Brands G &

G & ET pt ©. Cal. .... Oil nd |Std Oil N 3 {Stone & Web’ oe Studebaker Superhtr oe | Superior Oil Syming-Gould Syming-Gld xw

Corp

ri-Con 20th Cent-Fox

Union B&P .... Union Carb | Un Aircraft Cp. Un Air Lines

DN DI00 400 STD rt rt Be Bn UN BB ND

Vadsco pf Vanadium |Va- Ser 6 pf

16% 34

S. 29Y, 17% 7 — 205%

| Walgreen . . 33%

| Walker (H) . Bros .. {Wes Oil & S 245 8 112% | West Union 26 27% .. 11634 28%

| Woolworth . . 183%

18% 46 Y

. 18% 481% 27 iyi

G1!

a 461% 27

1 Young Sheet .. | Young Stl Dr ..

WAGON WHEAT Indianapolis rain elevators are

| Zonite 5 2%

| change: Sher grades on their {Cash corn: No. 2 vellow,

2 white, shelled. 56c;: No. 2 white na

Net Change

eat, 97c, subject to market shelled. 5lc;

Curb stocks at New York maintained an irregular trend in quiet forenoon dealings. The listed bond market moved substantially higher in quiet trading.

LOCAL PRODUCE

Heavy breed hens, 5 lbs. and over, } under 5 lbs., 9c; Leghorn hens, 7c; Barred and White Rock roasters, 4 Ibs. and over, 12c; under 4 lbs., 9c; colored roasters, 4 lbs. and up. 10c; under 4 lbs., 9c; heavy breed stags. 7c; Leghorn stags, 6c; Leghorn broilers, 2 lbs. and over, 15c; 7 ibs.

and over, 13c. No. 1' strictly fresh country i% 5 “Jt 15c; each full case must weigh gross (a net deduction of 15 Br for each full case under 55 1bs. wi be made). Butter—No , 301; lc; 2, 29%2@ 30c. Butterfat—No. yg 27c No, "2. '26¢. (Prices Quoted by Wadley Co.)

U. S. STATEMENT

WASHINGTON, Dec. 29 (U. P.).—Government expenses and receipts Yor current fiscal year through Dec. 27, pared with a vear ago: Last Year

his Year .$4,703,624,631.28 $4,446, iy 302.98 2,905,318,900.17

2,727,688,441 20 1.975.936.190.08 1,560,880,402.21 1,535,988,902.21 3.110,008.325.41 2,480,069,374.09 39.416,546,243.51 14,470,960,946.15 161,417,927.59

HOUSE $4,162,000 sy 9, 078,000

vig

Ya is 3, 1s 1s % Ys

+14]

Cli HELE

++++| +

Expenses Receipts .. Gross def.. Net def. ... Cash bal. Work. bal. 1, “Pub. debt 41,833,240, 473.08 Gold res.. 17,620,373,190.22 Customs 174.754.014.53

CLEARING

+++]:

INDIANAPOLIS

Clearings | Debits

DAILY PRICE INDEX NEW YORK, Dec. 29 (U. P).— {Dun & Bradstreet's daily weighted 1, price index of 30 basic commodities, y, |compiled for United Press (1930-32 3, | average equals 100): | Yesterday ... ee 122.52 Bi WEEK ABD u.eveeisrinnneienes 122.59 | Month Ag0 ....... «eee 118.96 | Year Ago 105.48 411939 High (Dec. 18). 1939 Low (July 24)

FOOD PRICES

CHICAGO. Dec. 29 (U. P.).—Anples Michigan, Mackintosh, bu.. [email protected]. Sweet , | Pctatoes—Tennessee, bu., $1.40@ 1.45, Carrots—California, crates. $2@250. Tomatoes—Texas Juzs. $1.25@2. Celeyv—Michisan, crates, 50c@$1. Spinach—Texas. bu, : 75¢@85¢. Peas—Californi>. hu.. $2.25@ 2.50, 3, {Onion Market (50-1b. Sacks Lh 10; Iowa Yellows, 67!

Iowa Whites, corpora

: ot]

sess sae “ee

terse

* sess scene

sesso

4] 8 Ja 8 78

1 1

agent in Indiana FP. 8. Martin & Co : new pent. Frampton Rockhill Box 325 Brazil,

a "Eg: W. Sproul Construction Co.. i 1g) nf resident agent: new agent, ¥. C. CrumYa packer, 300-304 Hammond Bldg, Ham- | mond, Ind. Amendement to articles of incorporation Laundrv., Inc, stock to shares Indianapolis. Ind. nome Maridian I yevolin new name

i |o Tiffany ten capital 3 (having no nar value: V2 Chane of cornrarate | Motor Sales Co.. 8 Meridian Loan Co.. In | Admission of National Linen Service Cornoration to dn business in Indiana. a] 8 | Delaware cornoration: general lanndry % | husiness: recident avent Jacoh § White, ry [Merchants Bank Bldz. Indianapolis, Ind Va! Articles of reorcanizatinn under the 1929 Corporation Act of Iowa Wind Mil | & Pumn Oo.. Kendallvilla, Indiana: canital | stock, 2000 shares havine a par valve of 8/250 a c<hare; re-~ident agent, A. Kendallville, Ind. Central State Develanine a Inc 159 chares having a par value Bt an 8 hate. | Wa tarlinn, © pacida Finkhousen, "Waterloo, "Ind, netroleum busin~ss: W paying | Joseph G. Sue'~er. 2n4 P=ank B. Ritchev Dissolutinn Stute Woodtainer Co., Inc. merits. | Indiananolis, Ind. Dis-~11tion Warren Elevator Co.. Warren, Ind. Coca Cola Bottling Works of Evans-

eral

ts. 34c.

See Final Edition of the Times for

Closing Stock Quotati

and Other Late News

[ville. Tnd.. increasine the ecanital stock [th 5600 shares having a par value of $25 a c<hare. Big Creek Flurospar Co., Tne, villa, Ind : recident a~ant Tam. enbark. Rox 148, Martinsville, Tod: | stock. 300 shares withot par valve: [develon mineral lands: Eurane C. Shire- | {man. James M. Tood, John B. Mosier, and Ranh B. Kinton. Change of name of M»anument Bottling | Cn. Inc., to Pepsi Cola Bottling Co., Inc.. lof ‘Tndiananolis. Richmond Recrections. Tne, 10 WN. an | agent, Ed-

eapital

| | ons | St., Richmond Ind.: TEI a ward H. Harris Jr.! same i capital stock: civic ET Edward » Harris ar Kenneth Murphy and Horace

SUPPLIES

DENNISON

1 oY VEIT CE SUPPLIES UIPMENT

YEAR-END SYSTEM CHANGES

Social Security Forms Binders

Loose-Leaf Forms

Files Filing Equipment

Expert Advice on all office Problems

q CONVENIENT SLE

44 E. Wash. St. Si shee College i ——

GAINS ATN. Y.

the | com- |

124.19 |

H. Minor, | |

L FrrkBon on. |

| Mary neVan.

to |

ve |

TONIGHT

6:30—Professor Quiz, WFBM. 7:00—Kate Smith, WFBM. 8:00—Johnny Presents, WFBM. 8:30—George Jessel, WIRE. 9:00—~Guy Lombardo, WIRE.

Elliott Roosevelt's Transcontinental Broadcasting System is due to begin operations at 10 a. m. Monday with an’ imposing list of 93 stations, more than its three rival networks possessed after some years of existence. Mr. Roosevelt is the network's president. TBS has contracted for 16 hours of wire service daily from A. T. & T., and has 10,000 miles of wire and 12 relay points to carry the hookup's service. Closest stations to Indianapolis will be WJJD and WIND, Chicago, and WCPO in Cincinnati. ” EJ ”

The Indianapolis Symphony Orchestra, which missed its regular broadcasts the past fortnight because of the holiday recess, will

under Fabien Sevitzky's direction at ©:30 a. m. tomorrow, CBSWFBM. Mr. Sevitzky's program for tomorrow morning will include the Fifth Symphony of Beethoven, George Lessner’'s “Sunrise,” “The Sorcerer's Apprentice,” by Dukas, and the last movement of Kallinikov's Symphony No. 1, = s ” The Metropolitan Opera’s matinee broadcast tomorrow will offer fans 8 ® =

INDIANAPOLIS NAPOI, WEFBM 1230 (CRBS NOE )

Kathleen Norris Golden Store Hollvwood __Scatterzood

NBC-MBS

Gi Alone Midstream Dick Reed Dessa Bvrd

853

" Ed

laasa

play a special hour-long broadcast |s

INDIANAPOL. 18 NIRE Fd

| film,

ON THE RADIO

a hearing of Ponchielli's “La Gioconda,” with Zinka Milanov in the title role. Others in the cast are Giovanni Martinelli, Bruna Castagna and Carlo Morelli. Ettore Panizza will conduct. NBC-WLW carries the broadcast, beginning at 1 p. m.

” »

Kate Smith, who recently visited Hollywood, will entertain some West Coast friends in New York during her CBS-WFBM broadcast at 7 o'clock tonight. They are Don Ameche, Al Jolson and Nancy Kelly, who will preview their new Foster-biography “Swanee River.” Mr. Ameche and Mr. Jolson are starred in the film, which opens today at the Ine diana.

”

On the heels of Wednesday's Finnish benefit concert in Carnegie Hall, comes now another from Los Angeles at 11 o'clock tonight, via NBC-Red stations. Werner Jansi he Los Angeles Philharmonic Orchestra in an alle Sibelius program. Rose Pauly, dra= matic soprano of the Metropolitan Opera, will be soloist. ” ” ” CBS-WFBM will broadcast {ts choice of the year’s 12 greatest news stories in a dramatization at 9:30 p. m. tomorrow. The NBC selection of the 10 big stories in 13 crowded months is due for an aire ing at 1 p. m. Sunday on Blue network stations. ”

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THIS EVENING

(The Indianapolis I'imes ts not responsible for inaccuracies in program announcement caused by station chang~s after press time.)

S CHICAGO WLS-WENR 380 (NRC Net.)

Home Forum Serenade Anthony Dinning Sisters

"CINCINNATY JW 00 (NBC-MBS)

Kitty Keene Midstream Jack Armstrone Father Flanagan edly

"Billy 4 & Betty Hedda Hopper H. V Kaltenhorn __European News

Lady Luck Park's Or. At Hoosier Sports

Pleasure Time Mystery Cugat's Or, Dick Reed

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Brief Case Stories Bud Barton om Mis

Fred Kirby Baker & Denton Henry Busse Lowell Thomas

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Kate Smith

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Discussion Club Col, Stooonacle

Unannounced Carson ,Kopinson Carson ,Kobinson

Johnnie , Presents First Nighter

Waltz Time Georee Jessel

Fiaptation Plantation Party

Concert George Jesse)

Ted Weems

Grand Central Man With Band

Lombardo's

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Unannounced Melndies ”» ”

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Grant Busse

Peter Henry Snider's Or. Schnickelfritz Band

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Kassel’s Or Orrin Tucker

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SATURDAY PROGRAMS

INDIANAPOLIS WIRE 1100

INDIANAPOLIS WIBC 1050

CINCINNATE LW 700 (NBC-MBS)

Early Birds Dawn Patrol

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Devotional

Mornin’ Ranch Gang " "

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Tex Owens

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Breakfast Jam

City Toda

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"Richard Maxwell Old Vienna Varieties

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Coffee Give Hits of Da Fashion Foatiights Devotional

Helpers ,Club Air Synagogue News

Hymns No School Charioteers Music Fed.

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Dessa Byrd

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Stock Exchange

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Keflections Dr. Swing Charm House Ferde Grofe

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Farm Circle ¥ . Hour

Karnival Map on, Farm

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Farm Hour Boy Greets Girl " "

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KEY NETWORK STATIONS (Subject to change):

| MUTUAL=—WOUR, NBC-BLUE—-WJZ, | NBC-RED -WEAF,

10;

660; WTAM,

| UBS—WABC, 860; WJR, 750; WHAS, 820; KMOX,

WHK, 1390; WHKUC, 640; 760; WOWO, 1160; WLS-WENR, 870; 1070; WWJ, 920; WMAQ, 670.

CKLW, 1030; WSM, R50. KWK. 1350.

1090; WBBM. 770.

FOREIGN EXCHANGE

NEW YORK, Dec. 29 (U. P.).—Follow-| (Ing are noon cable rates on major cur|rencies: able Net Rates a A oa 83%

(franc) (guilder) (krona) Norway (krone) | Denmark (krone) Japan (yen)

quoted |

| | | |

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