Indianapolis Times, Volume 41, Number 54, Indianapolis, Marion County, 13 July 1929 — Page 13

JULY 13, 1929

U. S, STEEL UP TO NEW PEAK IN STOCK BOOM Passes 203 in Record Rush of Trading; G. M. C. in New Low.

Average Stock Prices

Average of twenty industrials Friday was 343 04 off -24. Average of twenty rail* was 160.74. of! 06 Average of forty bonds ST*/ 03 48. up 2 23. BY ELMER C. WALZER. United Fres* Financial Editor NEW YORK. July 12— United States Steel crossed 203 today to record territory, featuring a buoyant. active stock market, while General Motors marie anew low on the movement below 70. Trading was done at a tremendous pace for a time with tickers more than twenty ’juput.es behind. Along with steel, which aa.anced on expectation of earnings of more than sll a share in the first half, Bethlehem Steel made anew high since th n war and Youngstown Sheet and Tube rose to a new’ 1929 peak. The latter company’s issue was taken on expectation of a melon which materialized today in the form of a 20 per cent stock dividend. Gains in many issues were spectacular. Commercial Solvents soared 18 points to anew peak; AllisChalmers advanced 10; Detroit Edison 10, and Pere Marquette 6. Oils and motors were irregular, the latter unsettled by the behavior of General Motors. Chrysler made anew- low' on the movement. In the petroleum group Pan-American issues rose on offers from Standard of Indiana to exchange stock on a basis of 11-3 Standard shares for one of Pan-American. Atlantic Refining broke more than a point. Profit-taking grew in volume as the afternoon progressed, but heavy buying was still coming in from various quarters, not a little of it from the Pacific coast. American Can made a new’ high, as did Continental, the latter issue narrowing the gap between these two powerful companies’ stocks.

Banks and Exchange

INDIANAPOLIS STATEMENT Tndtanapoiis bank clearings Friday. July 12. 14,709.000; debits. $8,311,000. CHICAGO STATEMENT Bu United Preen CHICAGO. July 12. Bank clearings, $116,300,000; balances. $8,300,000. NEW YORK STATEMENT Bu United Pri ss NEW YORK. July 12.- Bank clearings. Si. 479,000,000; clearing house balance. $171,000,000; federal reserve bank credit balance, $162,000,000. TREASETT STATEMENT Bu United Prt 19 WASHINGTON. July 12—Treasury net balance. July 10. $255,919,095.24: customs receipts to that date. 514.744.599.15. FOREIGN EXCHANGE Bii United Press NEW YORK. July 12.— Foreign exchange closed irregular. Sterling. $4.84%. oft 003-32 c; francs, 3.91 3-1-6 C. off 00%c; lire. 5.22'5c. up .00 l-18r, belgas. 13.29, up •00%c; marks. 23.81 c, up .00’ jC

In the Stock Market

ißv Thomson & McKinnon) New York. July 12.—Under the leadership of steel and the utilities and helped, of course, by the decrease In the loan statement, today's market, particularly that part of It which Is represented by recognized Investment issues, forged ahead in rather a substantial manner, recording new high prices for a number of securities. About the only change in money conditions was a reduction in bankers acceptances bringing this rate In line with the rediscount rate There were The usual number of flattering corporate teports and the action of such stocks as United States Steel and Bethlehem Steel lende much color to persistent rumors of extra dividends in the near future. Weakness in the motor group, due perhaps to some special liquidation as well as the backwardness of the oils, failed to disturb •he balance of the list, thus emphasizing gain the power of genera) underlying conditions and the insistence of the investment needs Even in these two groups which have been laggards throughout the entire advance there was some evidence later In the day that liquidation had run its course and a better demand was in c’ospeet A thorough combing of the whole situation still falls to disclose anything to cause concern regarding the market's future and barring the possibility of occasional technical reactions we continue in our bullish ideas.

In the Cotton Market

(By Thomson a- McKinnon > NEW YORK. Julv II —The cotton market was not particularly active this morning but prices, as a rule -were higher than vesterdav's clos' and most of the buying 'ookcd to be for trade account. Central and western Europe probably took the larger part of the contracts offered, toes! traders were not so aggressive in the selling as yesterday The cotton map was favorable for crop growth Some authorities are saving that parts of Texas need rain. The market is Just sensitive enough to the daily change in trading sentiment to make it a good vehicle for those who enter the market is buyers on react'ons depending cn trade aceummulat:or. to check anything significant in the uv of a decllnf We do not remember a season in which a crop scare has not appeared and this is the time of the rear they usually come The short side of the market carries too much risk for this season. NEW ORLEANS High. Low. Close. Julv 18 00 .... October 18 26 18 10 18 21 December 18 44 18 30 18 38 NEW YORK High. Low Close January 18 80 18 48 18.55 March ‘ 18 78 18.67 13.78 \; IV 18 88 18 75 IS 87 Julv IT 98 17.90 17 98 October inew* ...... 18.38 18 33 18.33 Oft (Oldi 16 34 18 28 48 34 December 18 64 38 48 18 59 CHICAGO High. Lew. Close January 18 84 March 1? ;2 Mav .... 18 .8 July 18.12 October 18 36 18 12 18 33 December 18 55 18 44 18 51

Cash Grain

The bids for car lots of grain at the call of the Indianapolis Board of Trade, fob shipping point, basil 4l'jc New York rste. were Wheat—Strong NO. 2 red. 81 1541.1*. No 2 hard. 51.1Hi1.13. Corn —Firm: No 2 white. 94 385'*c No. 3 white 93 do4c No. 2 vellow. 91'; i9i ! ic No i mixed. SS'igSS'ac; No. 3 mixed. Osts—Strong No. 2 white. 4' , ":fl44'c No. 3 white. 43*’g4S , *c. Hav S'eadv No. 1 timothy. Sls 50<516: No. S t;mothv. Sls<? 15 SO No. 1 light clover mixed. 814.505513. —lnspections Wheat—No. 2 red. 1 car: No 4 red. 1 car - No 4 mixed. 1 car. Total. 3 cars. Corn —No. 1 white. 2 cart: No. 2 white. 8 ear* - No 8 white. 2 car|: No. 1 yellow. 3 cars - No 8 vellow 20 cars No. 3 vellow. S cars. No 4 vellow. 1 car. No. 6 yellow. 1 car No. 1 mixed. 3 cars: No. 3 mixed. I car No 4 mixed. 1 car. Total, 45 cars. Oata—No 2 white. 2 cars: No. 3 white. II ears; No. white. 3 cars; Sample white. 5 cars; No. 2 mixed, 1 car. Total, 22 care.

Business —and— Finance

Bu Times Special CHICAGO, July 12.—Brisk buying in the first three days of the American Furniture Mart, which opened Monday, was reported today by Indianapolis manufacturers and exhibitors. Among them are Ralph D. Morris, sales manager, and H. T. Griffith, president, of the Udell works; H. J. Smith, president, and E. P. Bolle, superintendent of the American Specialty Company; George T. O'Connor, president, E. V. Shireman, Indiana representative, and R. M. O’Connor, counsel, of the Thomas Madden Sons & Cos.; L. B. Mosiman, general manager, and L. C. Hartman, sales manager of the Kramer Manufacturing Company, and James J. Madden of the Madden Manufacturing Company. Bu Times Special NEW YORK. July 12.—1n fifty-eight of fifty-nine leading cities of the country, newspaper advertising published during May. 1929. showed an increase over the total for May, 1928. according to figures Just compiled and released by sales management magazine. The national gain for the month over the same period of last year was 9 4 per cent Indicating a marked increase in business activity throughout the nation. Baltimore was the only city to report a loss in lineage pub- * S The" five leading papers in advertising volume for the month were The Detroit News. 3.110.968 lines; The New York Times. 2,985,950: The Chicago Tribune, 2,950.662; The Washington Star. 2.420.416, and The St. Louis Post-Dispatch. 2,165,674. new" ' YORlt/* July 12.—Motor manufacturing acivity during the first six months of 1929 has kept far ahead of that recorded during the corresponding period of last veer, indicating increased buying pov/er on the part of the public, according to the index compiled by Sales Management magazine. ...... Using the average level of production for the four years. 1924 to 1928. as a basis of 100 per cent, the index show's that motor activity during the week ended June 22 stood at 141 per cent, while the correspending week of last jear recorded only 122 per cent.

B.u Times .Special NEW YORK. July 12.—The surest way to reach the average American’s pocketbook is to offer him something to make him feel better or look better. . . This. It would seem. Is the moral to be gained from a study of figures on the advertisements carried in American magazines during the last six months, which are published in the current Sales Management They show drugs, cosmetics and other toilet goods leading the list of commodities, being advertised to the extent of $17,422,214. Foods and food beverages were second with $13,601,198. Automotive advertisements were third with $13,452,578. and household furniture and furnishings were fourth with $9,988,562. The total amount expended for magazine a <iyertlstnK frorii January through June was $102,8(5,151, as compared with $93,842,272 for the same period of 1928. Bu United Press CHICAGO, July 12.— Director* of the federal reserve bank at Chicago made no announcement regarding the institution’s rediscount rate of 5 per cent after their meeting here today. Thirty-five ner cent gain in domestic and foreign business is announced by the Monroe Calculating Machine Company, Inc.. of Orange, N. J.. for the first six months of this year. This gain was made over the corresponding period of last year. The report also shows that the volume of sales for May was the largest In the history of the company. Due to use of calculating machines in practically every tvpe of business, this report reflects a healthy business condition throughout the United States. Bu United Press YOUNGSTOWN, July 12.—Youngstown Sheet and Tube Company directors today declared a stock dividend of 29 per rent on the common stock payable Oct. 1. Bu United Press NEW YORK, July 12. —General Theaters Equipment. Inc., has been formed as a holding company to consolidate a group oi leading motion picture equipment manunfcturies. it was announced here. Banking firms of Chase Securities Corporation, Pynchon & Cos.. Halsey, Stuart & Cos. and W. S. Hammons & Cos. are handling financial details. Principal firms included are International Projector Corporation. National Theater Supply Company. Grandeur. Inc.; Strong Electric Company. J. E. McAuiey Manufacturing Company, Hall & Conno.ly. Inc.; the Asncraft Lamp Company and Theater Equipment Acceptupce Corporation. , . . . . A new’ camera and projector whicn is said to reproduce pictures so as to give the illusion of a third dimension and utilizing the entire stage of a theater will be marketed by the combine. It was said.

Big fees, collectable under the old Incorporation law. still are coming into Secretary of State Otto G. Fifleld. Today he received a check for *4.332.67 ae fees due the state bv the Youngs-.wn Sheet and Tube Company. Youngstown, 0.. which filed a stock increase before the 1929 statute became effective. Under the new law. 1 cent a share is collected, regardless of denomination. Under the old statute, the state collected $lO for each SI,OOO worth of stock. The new law was designed to attract corporations to the state, making it as easy to incorporate as in Delaware. First cf the corporations to be attracted to Indiana under the easy provisions of the new law filed papers today with Secretary of State Otto G. Fifleld. it was announced by Charles Dare, head of the Incorporation division. The new company Is the KentuckyIndiana Transit Corporation, organized by Toledo. 0.. businessmen. It paid the state a $51.50 Incorporation fee for its 5.000 shares of capital stock, which would have been assessed 10 cents a share In Ohio, according to the Toledo men. To qualify under the 1929 Indiana statute. headquarters of the company must be estibllshed in the state. The new company gave 1511 Merchants bank building. Indianapolis, as headquarters and Jacob S. White, resident agent. Incorporators arc: T. J. Lynch, E. G. Davies and V. M. Mazan. all of Toledo. The company proposes to operate bus lines in Ohio, Indiana and Kentucky. :

Produce Markets

Butter (wholesale!—No. 1. 47®48c; No „ 44@46c. Butterfat—Lb.. 46®47c. Cheese (wholesale selling price per pound'—American loaf, 38c; pimento loaf. 40c- Wisconsin fiat. 29c: prime cream. 37c; Daisy. 25c; Longhorn. 25c: New York limberger. 30c Eggs—Buying prices: Fresh delivered at Indianapolis, loss off No. 1. 28c: No. 2. 23c Poultry (buying prices! —Fowls. 23c: Leghorns hens. 18c; broilers full feathered, 28c; broilers bare back. 23c; Leghorns. 23c; old roosters, large 15c: small 10@13c: ducks. 12614 c: spring guineas. 30c: turkeys. No. 1 voung toms, 12 lbs. and up. 35"-? 38c: No. 1 voung hens. 25c a lb.: No. 1 told toms 22625 c: No. 2 old hens. 25* 30c a lb. Bn United Press NEW YORK. July 12—Flour, quiet: spring patents. 56 8567.15. Pork, firm: mess. s3l. Lard, firm; middle west spot, *12.45612.95. Tallow, steady: special to extra 7%uj7%c. Potatoes, steady: Long Island, $2.5064 85; southern. $1.2564 25; Maine. $2.256 2.50; sweet potatoes, firm: Jersey. 60c652.90. Dressed poultry, firm; turkeys. 25644 c; Capons. 3A640C, fow'ls. 24635 c. ducks. 18 128 c; ducks. Long Island. 24c Live poultry, steady; geese. 15c; ducks, 20c. fowls. 34c: turkeys. 250/ 35c; roosters. 21c; chickens. 30-,i4oc: brolieis. 37c Cheese, firm: state whole milk, fancy to special. 27%<29%e: Young Americas. 22 ?28c Coffee—Rio. No. 7on spot. 10%c; Santos. No. 4. 23 '? 23 1 3 c: raw sugar, steady; spot. 96 test delivered duty paid. $3 6o: refined, firm: granulated. $5 25. Butter, firm; receipts. 16.148: creamery, extras. 42c; special market. 42%@43c. Eggs, firm: receipts. 18.794 nearbv white fancy. 426 45c state whites, lit 4Sc: fresh firsts. 82'1638c. Pacific coasts. 3$ ,7 44c: white westerns. 32636 c. nearby browns. 326*20. Bti United Press CHICAOO. July 12— Eggs—Market, steady; receipts. 14,816 cases: extra firsts. 31%c. firsts. 30'afi 31c; ordinaries. 27%@ 29c; seconds. 24@26%e. Butter — Market, eas?; receipts. IsiOll tubs: extras, 40%c: extra firsts. 39%4i40r; firsts. 38%@J9c: seconds. 37 38c standards, 40‘fC. Poultry —Market, fowls wesker; springs, steady; receipt* 2 cars: fowls. 18%@2sc: springers. 28%® 84c. Leghorns. 25c; ducks, spring. 23c: aeese, 15c: turkeys 206 30e; roosters. 20c broilers. 29;-32c Cheese — Twins. 21c: Young Americas. 22c. Potatoes On track. 141: arrivals. 48; In transit, 851 market, strong, Virginia barrels. Irish Cobblers. *5.60(56: sacked. $3 40; southern sacked. Bdss Triumph s Best, *l4o® 280. poorer. $2 90 up; Kentucky sacked, Irish Cobblers. $3 25.

RAINS DAMAGE CANADIAN CROP; WHEAHLIMBS Kansas Yield Also Lessened; Heavy Movements Hurt Corn; Oats Up. Bu United Press CHICAGO. July 12.—A report by the Canadian wheat pool, which confirmed the private expert's claims of heavy damage over the three prairie provinces during the past ten days, was a help in bringing about further sharp advances in the futures’ market today. Kansas advice* predicted that state would save only 100,000,000 bushels of its crop, because of the recent rains. Corn was weakened by the prospect of heavier movements. July oats led the deferred months to higher levels. At the close wheat was 1% to 1% cents higher, corn was off % to % oit and oats were ' to 1 cent higher. Provisions were up with a new top on hogs. Weather in the southwest had turned more favorable for harvesting over night, but high temperatures still prevailed over most of the spring wheat country, so that prices opened fractionally higher here. Liverpool and Chicago made further advances during the morning, and the English market was reported affected by the port strike in Argentine, as well as by the bullish Canadian news. Cash prices were 1 >-cent to 1 cent higher. Receipts were eighty cars. Chicago traders are predicting a larger movement of old corn to market now that the new crop is getting along, and. with pressure from this element, futures lost their early gains and dropped a shade lower during the early trade. The market, however, was quiet most of the time. Cash prices were unchanged. Receipts were 131 cars. July oats were strong part of the time, but the later months ruled slightly heavy due to a lack of interest in the grain. Crop news was rather mixed. Cash prices were unchanged to 10 cents higher. Receipts were fifty-three cars.

Chicago Grain Table —July 12WHEAT - Prev. Open. High. Low. Close, close. July.. 1.22% 1.24% 1.22% 1.23% 1.22 Sept.. 1.27% 1.29% 1.26% 1.28% 1.26% Dec.. 1.32% 1.35 1.32% 1.34% 1.32% CORN— July.. .94% .95 .94 .94% .94% Sept.. .97% .98% .97', .97% .97% Dec.. .93'* .94% .93 .93% .93% OATSJuly.. .44% .46% .44% .45% .44% Sept.. .46 Vi .47% .46 .46% .46% Dec... .49% .50 .49% .49‘/2 .49% RYE— July.. .95% nominal 95% .94% Sept.. .98% 1.00% .98% 1.00 .98% Dec... 103% 1.05% 1 03(2 1.04% 1.03% LARD — July. 12.17 12.25 12.17 12.25 12.05 Sept. 12.35 12.47 12.35 12.47 12.30 Dec. 12.67 nominal 12.67 12.60 RIBS - July, no sales 13.25 13.25 Sept. 13.65 nominal 13.65 13 8o BELLIES— July. 14.55 14.60 14.00 14.60 14.52 Sept. 15.00 15.00 14.95 14.95 14.90 Bj/ Times Special CHICAGO, July 12—Carlots: Wheat, 86; corn, 124; oats. 46. and rye. 0. Bu United Press CHICAGO, July 12.—Cash grain close: Wheat —No. 1 hard, $1.27%c: No. 2, $1.20% @1 26%c; No. 3. $1.21; No. 2 mixed. $1.25 r01.26%c: sample grade mixed, $1.05® 1 07%c No. 2 mixed, 96@97%c; No. 3, 95 <8 96(20: No. 6. 92’(7 94C; No. 1 yellow, 97% © 98c; No. 2. 97%© 98c; No. 3, &6%(f97V,c; No 4 96c; No. 6. 91(5.94%c; No. 1 white, 98%ft89c; No. 2. 98 %® 99c; sample grade, 89® 91c. Oats—No. 3 white._ 45@46%c; No. 4 43%@45%r. Barley—63® 68c. Timothy —54.25<(i5. Clover—sls.so@24. liu United Press TOLEDO, July 12.—Cash grain close: Wheat—No. 2, [email protected]. Corn—No. 2, $1.01%© 1.02%. Rye—No. 2, $1.05. Oats— No. 2, [email protected]. Barley—No. 2. 67c. Clover Domestic, old. sl6: new, sl6; Imported, old, $12.75; new, $13.25. Timothy—Old, $2.70: new, $2.70. Butter—43@47c. Eggs —3o@32c. Hay—sl.so cwt. B.u T imes Special "Chicago. July 12—Primary receipts— Wheat. 2,528,000 against 2,294,000: corn, 535,000 against 719,000: oats. 416,000 against. 195,000. Shipments Wheat. 1,161,000 against 1.207,060; corn, 514,000 against 775,000; oats, 259,000 against 140,000.

Indianapolis Stocks

—July 12Bid. Aflc. American Central L Ins C0....800 ... Belt B R & Yds Cos com 64 68 44 Belt R R & Yds Cos pfd 56 ... Central Ind Power Cos pfd... 93‘z 98 Circle Theater ....108 Cities Serv Cos com 31’< ... Cities Serv Cos pfd 964a ... Citizens Gas Cos com 32 Citizens Gas Cos pfd 96 Commonwealth L Cos pfd..... 100 ... Equitable Sec Cos com 45 Hook Drug Cos com 42 ... Horuff Shoe Corp com 164a ... Ind Hotel Cos Clavpool c0m....125 Ind Hotel Cos pfd 100 Ind Serv Corp pfd 84 indpls Gas co com 58'i 61V* Indpls <Sc Northwtn Tr Cos pfd. 5 Indpls P & L pfd 101 103 Indpls Pu Wcl L Assn com... 51 Indpls St R R Cos pfd 25 29 Indpls Wa Cos pfd 99 Inter Pub Ser pr li pfd 102 105 Inter Pub Ser pr 11 pfd 105 105 Merchants Pub Util Cos pfd.. 101 Metro Loan Cos 100 Northern Ind Pub S G pfd 7s. .105 Northern Ind Pub S C pfd 6s 96 101 Prog Laundry Cos com 47'i 51 E Reuh <ss Sons Fert Cos pfd... 50 Real Silk Hosiery Cos pfd 98 Standard Oil of Inc 56 ... T H Indpls & Tr Cos pfd.... 5 T H Trac & L Cos pfd Union Trac Cos com 44 Union Trac Cc Ist pfd .. 1 Union Trac Cos 2nd pfd . 44 Union Title Cos com 50 V Camp Prod Cos Ist pfd.... 97 100 V Camp Prod Cos pfd 92 —Bonds— Bid. Ask Belt R & S Y Cos 4s 85 Broad Ripple Trac Cos 5s 65 Cent Ind Gas Cos 's 98 ... Central Ind Power Cos 6s 98 Chi S B & N Ini Rv Ist 5s Citizens Gas Cos 5s 98 Citizens Street Railroad 5s ..70 Gary St Ry Ist 5s 80 85 Home T & I of Ft. Wayne 6s. 101 4i ... Indiana Hotel Cos 5? 100 tnd Northern Trac Cos 5s 4 s'. Ind Railwav & Light Cos 5s ... 97 Indiana Service Corp 5s Indpls Power and Light Cos.. 97 99 Indiana Union Trac Cos 5s ... 4 Indpls Col A Trac 5s 98 100 Indianapolis Gas Cos 5s 98 Indpls A Martinsville T Cos 5s 15 Indpls No Trac Cos 5s 9 Indpls & N W Trac Cos ss. .. 15 Indpls Street Ry 4s 53 56 Indpls Trac & Terminal Cos ss. 9344 95 Indpls U Rv 5s J 1965 A B 101 .Indpls Water Cos s'is 1933...100 Indpls Water Cos 5‘,2S 1954..100 ! Indpls W'ater Cos lien & ref ss. 93'4 Indpls Water Cos 4! is 92 9544 Indpls Water Works Sec Cos.. 85 Inudpls Water Cos 4‘is 93 9544 Interstate Public Service Cos 5s 95 Interstate Pub Serv Cos B 6 : 45.103 No Ind Pub Service Cos 5s 97 No Ind Teiegh Cos 6s 1931.... 98 354 4 T H <fc E Trac Cos 5s 50 T H Trac and Light Cos 55.... 91 Union Trac of Ind Cos 6s 10 NEW YORK COFFEE RANGE —July 12— High. Low. Close. January .. 15.79 March 13.75 13.72 13 72 Msv 13 41 13 41 13.41 July 15.15 15.15 15.15 September 14 50 14 40 14 40 December 14 10 13.95 13 95 RAW SUGAR PRICES —July 12High. Low Close. January 2.26 2.22 J 25 1 March 2 30 2.27 2 29 May 5.37 2.33 2.35 September 2.13 2.09 2.11 December 2.25 2.22 2.23

THE INDIANAPOLIS TIMES

New York Stocks 1 '“'By Thomson & McKinnon,

—July 12 Railroads— Prev. High. Low. Close. close. Atchison 246 s , 243 245 243 Atl Coast Line 1994 Balt ic Ohio 127% 127 127 127% Candian Pac 242 % 241% 241% 240% Chesa & Ohio ..2534 252 2534 2504 Chesa Corp 844 82Vi 844 8114 Chi & N West. 93 3 924 93 92% Chi Grt W'est .. IS 1 , 154 15% 18% CRI4P 136% 185 136 1344 Del & Hudson ..211 1 a 2104 210%, 212% Del & Lacka 140 1374 1374 1374 Erie 794 784 784 784 Erie Ist pfd ... 65 64 64*4 65 Grt Nor pfd 1184 117 117 1154 Central 142 4 143 Lehigh Valley .. 98 4 964 97 4 924 Kan City South 984 Lou & Nash 147 M K <k T 534 56 3 4 58 564 Mo Pac pfd 1424 1404 1404 1424 N Y Central 221 218 4 219 4 2184 N Y C & St L ..155 1534 155 155 NY NH & H 1104 109 110 1094 Nor Pacific 1124 111% 1124 110 Norfolk & West. 248 2474 248 248 O& W 25 244 244 25 4 Pennsylvania ... 904 894 90% 90 P & W Va 143 1454 Reading 1164 116 1164 1164 Southern Ry .150% 1504 1504 1504 Southern Pac ...139 4 138 4 138% 1374 St Paul 354 35 4 35 4 35 4 St Paul pfd .... 55% 54% 54% 544 St L& S W 95% 94 4 94 4 954 St L & S F 127 126 127 1274 Texas & Pac . 161 Union Pacific ...251 246 251 145% Wabash 70 West Pac 35 Rubbers— A)ax 54 54 54 5% Fisk 94 9 9 84 Goodrich 824 81 81 81 Goodyear 1244 1224 123 1244 Kelly-Spgfld 154 154 15% 154 Lee 154 144 14% 15 United States .. 52 514 52 514 Equipments— ... Am Car & Fdy ..101% 99 100% 100 Am Locomotive 1274 1244 1244 126 Am Steel Fd ... 654 644 654 64 4 Am Brake S ... 574 574 574 574 General Elec .. 3514 3464 3474 344% Gen Ry Signal..llß% 1174 1174 1184 Gen Tank 954 94 4 94 % 94 N Y Air Brake .. 45 444 44Ts Pressed St! Car.. 19 184 18% 184 Pullman 874 864 864 864 Westingh Air 8.. 51 4 504* 50 4 50 4 Westlngh E7ec ..199% 196 4 197% 1954 SteeU — Bethlehem 1194 1171s 119 115% Colorado Fuel... . 654 634 644 634 Crucible 1054 1034 1054 1034 Gulf States Stl. 68% 67 4 68 67 Inland Steel 95 4 94 4 954 92 Otis 48 474 48 46 4 Rep Iron & 5t1..112 1084 HI 109 Warren Fdy .... 194 ... 194 20 U S Steel 2034 1994 203 1974 Alloy 48 Va 47 4 47 4 47% Youngstown Stl 158 4 156 158 153 Vanadium Corp.. 92 4 90 % 92 4 89 Motors— Am Bosch Mag.. 57 4 56 4 564 35% Briggs 364 35 4 35 4 34% Chrysler Corp... 74Vi 71 71 73 Eaton Axle 654 .• 63 4 63 4 Graham Paige .. 30 4 29 4 29 4 29% Gabriel Snbbrs.. 23% ... 234 24 General Motors.. 71% 694 714 714 Hudson 894 864 87 4 874 Hupp 45 4 44 % 45 444 Auburn 370 ... 367 365 Mack Trucks .. 99% ... 98 984 Marmon 82 4 80 % 80% 814 Reo 22 4 21% 21 4 22 4 Motor Wheel 44% 44 4 44 4 44 4 Nash 86 4 85 % 864 884 Packard 135 1304 132 134% Murray B 92 91 Vi 92 92 Pierce Arrow 35 344 35 34% Studebaker Cor. 76% 75 4 75 % 764 Stew Warner.... 74 4 73 73 4 73 Elec S Battery.. 89% 87% 87% 87Vi Timken Bear ....106 1034 105 1044 Wtllys-Overland. 26% 26% 26% 264 Yellow Truck.. 40 4 384 394 39% White Motor 43 42 4 43 42 Vi Mining— Am Smlt & Rfg 109 4 108% 108 4 109% Anaconda Cop ..118% 1164 116% 1184 Calumet & Ariz. 42% 41% 424 42 Andes 524 ... 524 53 Nev Cons 464 ... 45Vi 45% Granby 84 ... BIV4 84% Inspiration Cop 45 ... 434 45 Int Nickel 51 ... 50>4 494 Kcnnecott Cop.. 89% 87% 87 4 88% Magma Cop ...... 684 ... 68 684 Miami Copper ... 44 42 4 42 4 43% Texas Gulf Sul 71% 704 71% 70% U S Smelt 56% 55 4 56 Vi 55 4 Oils—

Atlantic Rfg ... 72 68Vi 69 70% Barnsdale 40% 40% 40 Vi 40 Vi Freeport-Texas.. 457* 45% 4574 45% Houston Oil 79% 76% 79a, 78 , Indp Oil & Gas. 3472 ... 34'/* 3474 Cont Oil 34% 34 34 34'/* Mld-Cont Petrol. 3374 ... 337* 33% Lago Oil & Tr.. 35% 3274 35 33 Pan-Am Pet 8.. 61 % 59 59% 567a Phillips Petrol .. 37 ... 36% 36% Pro & Rfgrs ... 18 ... 17 18 Union of Cal ... 4774 47% 47'4 18 Pure Oil 27 26% 28% 2674 Prairie Pipe .... 617a 60% 60% 60% Shell 27 2674 27 26% Richfield 4174 40% 41% 40% Sinclair Oil .... 36% 35% 36 35% Skelly Oil 41% 40% 40% 40% Std Oil Cal 73% 727* 72% 72% Std Oil N J 57% 56% 577a 57% Std Oil N Y .... 39 38% 39 38% Texas Corp 62% 61% 62% 62'/* Transcontl 127 2 ... 12‘/a 12% White Eagle .... 34% ... 34 34' Industrials— Adv Rumely .... 38 37% 38 40Vi Allis Chalmers. .276 266 276 265 Allied Chemical. 343% 340% 340% 338% Armour A 12% ... 12% 127* Amer Can 169 166% 168 165 Am Roll Mill ... 134% 1347a 133% 1317* Borg Warner ...119% 116% 1197* 1167* Am Safety Raz.. 674 64% 65V s 64% Am Ice 47% 47% 47% 47Vi Am Wool 1674 ... 1674 16% A M Byers ....1437a 140 142 74 139 Coca Cola 147 ... 145 14674 Conti Can 82 79% 82 78% Certainteed .... 27 ... 26% 26% Congoleum 24% 23 24 23 Davison Chem .. 54 527* 53 52% Dupont 192 184 188% 1897a Famous Players. 6674 64% 66 6474 f° x , A 92% 88% 9174 88% gUdden 60% 58% 59% 59% Goid Dust 717* 70 7074 69% Int Harvester ..11574 114 115 113% Lambert ....153% 15074 151 % 151% Loews 59% ... 57% 5674 Kostler 38% 35% 367* 35 Montgom Ward. 126% 123 126 1217s Natl C R 130% 126% 127 128% Keith Radio 39% 38 74 3 874 39 Owens Bottle ... 78% . . 78% 79 Radio Corp 81% 78% 79% 7774 Real Silk 81% 79% 81% 80 Rem Rand 4474 ... 437a 3274 Sears Roebuck ,1737a 1727* 17374 my. Union Carbide .1277a 125 124% 123% Warner 8r05... 62% 61 61% 60% Univ Pipe 127, ... 1274 1271 USCs Ir Pipe.. 32% 32 32% 32% U S Indus Alco.. 191% 188 74 188% 189 V, United Air Craft 133% 128% 129 129% Woolworth Cos .. 91% 90 91 % 89% Utilities— Am Tel & Te 1—247% 242% 2467* 241 Am E Power ...121% 119% 1197* 119 Am Wat Wks 139 134 135 148 74 Brklyn-Manh T. 61 % 6174 61% 62% Col G & E 91% 89% 907* 88% Consol Gas ....144 139% 143% 136% Elec Pow & Lt.. 30% 79 74 7974 78% Pub Serv N J,..116% 1127a 116 m% Nor Am Cos ....154 148 153 145% So Cal Edison.. 66% 65% 65% 6574 United Gas ... 54% 52% 5474 5174 United Corp ... 68% 66% 67% 71 Std Gas & E1...134% 1277a 134% 12772 Utilities Power. 46 44% 45% 45 4 West Union Tel. .22174 21274 221% 210 Shipping— Am Inti Corp.. 74% 72% 73 73 Am Ship & Com 3% ... 3% Atl Gulf & W I 607* ... 60% 'ei'/4 Inti Mer M pfd 48 46% 48% 45% United Fruit ...119 118 7% 118’2 118% Foods— Am Sug Rfg... 86 1 4 85 74 8 6 86% Am Beet Sugar. 15% ... 1514 Kroger 90% 89 74 89 % 88 Beechnut Pkg gji/. California Pkg.. 78% ... 77% 771, Corn Products.. 97% 93% 971, 102% Cuba Cane. Su p 1174 ... 11 11% Cuban Am Sug 15% ... 15 15% Fleischmann Cos. 91% 907* 91 90 Kraft Cheese... 51 ... 50 50% Natl Biscuit ...214 210% 211 213% Postum Cos 78% 77'/* 7774 7y, Ward Baking 8.. 13% 12 13% 12% Tobaccos— Am Sumatra... 37 ... 37 3714 Am Tob B 184% 180% 189 179 Con Cigars 76 ... 76 General Cigar.. 70% ... 7074 '76% Lig & Meyers.. 91% 88% 9174 887* Lorillard 25 24% 25 24% R J Reynolds... 57% 55 74 57 % 56% Tob Products B 15 147-2 14% 15 United Cigar St 16% 15% 16% ig% Schulte Ret Strs 25% 23% 25% 24 Grand Union ... 26 25% 26 24% Grand Union pfd 46 45% 44% Building Permits s2 ? p West - sarage. 301 North Holmes. J W. Atherton, reroof. 5060 Pleasant Run boulevard. $325. P. Simons, building. 1424 Nordvke. $5 200 M. E. Howie, garage. 2135 Boulevard Place. S3OO. E. Irwin, garage. -650 Alton, S2OO. E Hale, repair porch. 522 West Fortieth $390. S C. Hoerger. dwelling and garage, 1420 Gross. *2.500. Lowe Price Construction Company, dwelling and garage. "764 Central. *4." , .00 C. Chastlne. dulling and garage. 115$ North Tibbs. $3,700. HOSPITAL BID DATE SET Board Will Receive Offers on Power Plant Aug. 1. Bids on the new power plant unit for city hospital will be received Aug 1. lt was announced today by Dr Herman G. Morgan, city health board secretary. The power plant addition is part of the proposed $2,000,000 improvement for city hospital, and will be financed by $530,000 in bonds issued recently.

HOGS 30 CENTS HIGHER IN CITY YARDSJIPENING Cattle Slow, Sheep and Lambs Steady; Chicago Prices Up. July Bulk. Top. Receipts 6. *[email protected] 12.00 5,500 7. 11 85212.00 12.00 8,000 8. 11.90212.10 12.15 9,000 9. 11.65212.00 12.00 9.000 10. 11.65012.00 12.00 8.000 11. 11.65® 12.10 12.10 6.000 12. 11.65®12.40 12.40 7,500 Hogs opened around 30 cents higher in local stock yards today. The bulk of 160-280 pounds brought $11.95 to $12.40. Receipts were 7,500 and holdovers from Thursday’s market numbered 716. The cattle market was slow with no particular top price. Vealers held steady at $16.50 down. Sheep and lambs were going steady with fat ewes still at $4.50 to $6.50. Better grade lambs sold at sl3 to $14.50. The Chicago hog market opened asking 19 to 25 cents higher and bidding 10 to 15 cents higher than Thursday’s best averages. The bid on choice 170-210 pounders was $12.25 to $12.30, and $12.20 was paid for 230-pound averages. Receipts were 19,000, including 6,900 directs; and holdovers totaled 6,000. Cattle —Receipts were 2,000, and sheep receipts were 9,000. Hog prices today were as follows: 250-350 pounds. $11.55 to $12.05; 200-250 pounds, $12.05 to $12.30; 160200 pounds, $12.40; 130-160 pounds, sl2 to $12.25; 90-130 pounds, $11.25 to $11.75, and packing sows, $9.75 to 51C.75. Cattle receipts were 500. Calf receipts, 600. Beef steers, sl2 to sls; beef cows, $8 to $11; low cutter and cutter cows, $6 to $7.50; veals, sls to $16.50; heavy calves, $7.50 to $12.50, and bulk stock and feeder steers, $9 to $12.50. Sheep receipts were 1,200; top fat lambs, $14.50; bulk fat lambs, $13.50 to $14.50; bulk cull lambs, $9.50 to sl2, and bulk fat ewes, $4.50 to $6.50.

—Hogs— Receipts. 7,500; market, largely 30c up. 250-350 lbs *[email protected] 200-250 lbs 160-200 lbs J 2.40 130-160 lbs 90-130 lbs. ri-28f 11-75 Packing sows 9.75®i0.75 —Cattle— ' Receipts, 500; market, tend off. Best veals sl innfii2'no Bpcf cows • 8.00(i-11.00 Low cutter and cutter cows .. ®'525 122 Bulk stock and feeder steers.. [email protected] —Calves— Receipts, 600. Best veals $1 i20T230 Heavy calves i.50(3:12. 00 —Sheep— Receipts. 1,200; market, steady. Top fat lambs *l4-50 Bulk fat lambs I* [email protected] Bulk cull lambs 9, 22^' 1 2'22 Bulk fat ewes 4.50® 6.50 Other Livestock Bu United Press CHICAGO, July 12.—Hogs—Receipts. 19,000, including 6,596 directs; market slow, mostly 10® 15c higher on hogs scaling over 100 lbs.; Top. $12.40. paid for occasional loads of 100-200-lb. weights: butcher, good to choice, 250-300 lbs.. $11.25@12; 200-250 lbs., [email protected]; 160-200 lbs.. $11.75® 12.40; 130-160 lbs., [email protected]; packing sows, $9.90® 10.90; pigs, medium to choice, 90-130 lbs.' ,$10.75(8; 12. Cattle—Receipts. 2,500; calves, 1,000; market very dull, weak to lower trade on all killing classes; lower frade, light yearlings ana all she-stock, o©7sc under Monday, with demand exceedingly narrow; choice kinds absent: best. $14.50- slaughter classes, steers, good to choice, !,300-1.500 !bs„ [email protected]; 1,100-1,300 lbs.. $13.75@16; 950-1,100 lb., $13.25© 10.25; common to medium, 850 lbs. up. $9.75® 13.25: fed yearlings, good to choice, 750-960 lbs., $13@16; heifers, good to choice, 850 lbs. down, [email protected]; common to medium, s9@l3; cows, good and choice, $8.75® 12; common and medium, $7.50®8.75; low cutter and cutter. [email protected]; bulls, good to choice beef, $10.25 @11.75; cutter to medium, $8®10.35; vealers, milk fed, good and choice, $14.50® 17: mediums. $12.50© 14.50; cull and common, *80(12.50; Stocker and feeder steers, good and choice, all weights, $12.25® 13.50; common and medium, [email protected]. Sheep —Receipts, 9,000; market active and strong to 25c higher; natives, $14.50® 14.75, a few [email protected]; rangers, sls; yearlings, $12.75, and fat ewes, $5.50®6.50; top. $17.50; feeding lambs quotable steady; lambs, good and choice. 92 lbs. down, [email protected]; medium. [email protected]; cull and common, $10(8.12.75; ewes, medium to choice, 150 lbs. down. [email protected]; cull and common. [email protected]; feeder lambs, good and choice, [email protected].

Bu United Press LOUISVILLE, July 12.—Hogs—Receipts, 500; market. 15c higher; mediums and lights. 130-300 lbs., [email protected]; extreme heavies. 800 lbs. up, $11.60; pigs, 130 lbs. down. $8®9.25; stags and throwouts, $9.15 (59.75. Cattle—Receipts, 150: market, steady: prime heavy steers. $12(®14; heavy shipping steers. $11®12; medium and plain steers, $9.50® 11; fat heifers, *8.50@13; good to choice cows, [email protected]; medium to good cows. *6.50(74 8: cutters. $6(3 6.50; canners, *[email protected]; bulls, $7.50®9.50; feeders. $9.50@12; stockers, $8.50®i1.50; calf receipts, 300; market, steady: fancy calves. sl4; good to choice, $12.50(313.50; medium to good. $11.50®, 12.50: outs. $10.50 down. Sheep—Receipts. 1,800 market, steady; ewes and wethers, $13.75; seconds. $8(39; buck lambs, $12.75; sheep, $4.50® 5.50. Thursday’s shipments—Cattle, 175; calves, 95; hogs, 150; sheep, 1,807. Bn United Press PITTSBURGH, July 12.—Hogs—Receipts, 1.200; market, steady to 25c up; 250-350 lbs.. sl2 25® 12.85: 200-250 lbs.. $12.50® IS; 160-200 lbs., $ 12.05® 13: 130-160 lbs.. $12.50 ® 13; 90-130 lbs.. $12.25® 12.75; packing sows. $9.75® 10.25. Cattle—Receipts, none. Calves—Receipts. 75: market. 50c up; beef steers, [email protected]; light yearling steers and heifers, sl2<@ls: beef cows, sß® 11; low cutter and cutter cows. $6®7.75; vealers.ftsls@lß; heavy calves, sl2® 17. Sheep —Receipts. 225; market, steady; top fat lambs. $15.50; bulk fat lambs. $14®15.50; bulk cull lambs. [email protected]; bulk fat ewes, S6®7; bulk feeding iambs, s9® 12. Bu United Press EAST BUFFALO. July 12.—Hogs—Receipts. 1.200; holdovers, 5t)0; market, active to all interests. 10@T5c up; 250-350 lbs., $11.50® 12.35; 200-250 lbs. $12.15® 12.90; 160200 lbs., $12.40® 12.50: 130-160 lbs.. $12.50 @12.90: 90-130 lbs,. $12.50® 12.90: packing sows. $10.40® 10.75. Cattle—Receipts. 300; market, steady. Calves—Receipts, 900; market, steady to 50c up: beef steers, $13.50(3 15; light yearling steers and heifers. $14.50® 16; beef cows. slo® 10.50; low cutter and cutter cows. $6@:8.90; vealers. sl7® 18. Sheep—Receipts. 500; market, lambs steady; top fat lambs. *15.50® 16.25: bulk fat lambs, sll ® 13.25; bulk cull lambs, [email protected]; bulk fat yearlings, $10.50@13. Bu United Press TOLEDO. July 12.—Hogs—Receipts. 600: market, new 10c to 15c up: heavies. $11.50 @l2: mediums. $12.15® 1225: yorkers. $12.10® 12.40: good pigs. [email protected]. Cattle —Receipts. 160; market, steady. Calves— Receipts, light; market, steady. Sheep and lambs—Receipts light; market, steady. Bn United Press FT. WAYNE. Ind.. July 12 —Cattle—Receipts. IEO. Calves—Riceipts. 100; Hogs—--600. Shaep—Receipts. 200; market, steady. 15@25c higher: 90-120 lbs.. $11: 120-140 lbs.. $11.35: 140-160 lbs.. $11.75; 166-180 lbs.. sl2: 180-200 lbs.. $12.15: 200-250 lbs.. sl2: 250-300 lbs., $11,80; 260-800 lbs.. $11.50; roughs, *9.75; stags. $7.50; calves. *l6; lambs. Sl4. Bu United Press CLEVELAND, July 12.—Hogs—Receipt*. 900: holdovers. 177: market, steady. 10c up: 250-350 lbs.. *[email protected]; 200-250 lbs.. *l2 25(3 12.65: 160-200 lbs.. *12.50® 12.65; 130-160 lbs.. *l2 [email protected]: 90-130 lbs. $12.25® 12.60: packing sows. *9.25® 10.25. Cattle—Receipts. 100; market, steers. 25® 50c uo: cows, steadv. Calves—Receipts. 125: market, veals 50c up: beef steers. $10.75®, 14.50: beef cows. $8®9.25; low cutter and cutter cows, *6S7: vealers. $15.50319 Sheep—Receipts, 200: market, ouotablv steadv; top fat lambs. *14.50® 15: bulk cull lambs. 511.5613.

Local Wagon Wheat

City grain elevators are paying *lO7 for old crop No. 2 red wheat and 11.02 for old crop No. 3 hard.

Fishing the Air

Is your radio reception satisfactory? If not, write or call The Times Radio Interference Engineer, Riley 5551, and he will give you expert advice on any radio trouble. Telephone calls should be made from 4 to 5 p. m. any day except Sunday. u a a a b a Eclipsing its record of last week when six radio program premieres were presented in seven days, the National broadcasting company has announced seven new program series to start the week of July 14 to 20. a a a a a a “Here We Are” will be characteristic of the lively program of dance music that Joe Green and his orchestra are presenting in the Temple Hour, Saturday night at 7:30 o’clock, over stations of the Columbia broadcasting system. a a a a a a A colorful parade of radio troupers will pass in review before the microphone in the weekly march of the “Cavalcade" over the NBC system, Saturday night at 6 o’clock.

HIGH SPOTS OF SATURDAY NIGHT’S PROGRAM 6:OO—WEAF and NBC Network—The Cavalcade. 6:4S—WJZ and NBC Network—Goldman band. 7:OO—WJR, Detroit, and NBC Network—Detroit Symphony orchestra WEAF and NBC Network—Nathaniel Shilkret's orchestra. 8:00 —WEAF and NBC Network—B. A. Rolfe's dance music.

Music of the sea will be included on the marine program during the General Electric Hour of WGY and stations of the NBC Saturday night at 7 o’clock. The orchestra will be directed by Nathaniel Shildkret and will be assisted by a male chorus. a a a a a a A comedy song entitled "I Gotta Have Y'ou" will be Mac and Lennie’s contribution to the program that the Nickel Cinco-Paters present over stations of the Columbia broadcasting system Saturday night at 6 o’clock.

Dial Twisters All reference. Are Catr] Standard Time)

Seisin s orchestra, to WBBM WLW (700) CINCINNATI —Saturday— P. M. 4:oo—Seckatary Hawkins. 4:3o—Gold Spot Pals (NBC. s:oo—Alvin Roehr's orchestra from the Zoo Clubhouse. s:3o—Memory tunes. s:4o—Baseball scores. s:44—Weather announcement. 5:45—A week of the world's business (NBC). 6:oo—The interpreters. 6:3o—Hotel Gibson orchestra. 7:oo—Historical highlights. 7:3o—Henry Thies’ orchestra B:oo—Seth Parkers’ old-fashioned singing school. , B:3o—Mansfield and Lee. 9:oo—Enna Jettick dance. 10:00—Hawaiians 10:30—Henry Thies’ orchestra. 11:00 Midnight—Johnny Hamp's orchestra. 11:30—Sign off. —SUNDAY— A. M. B:3o—Church school conducted by editorial staff of the Methodist Book Concern. 9:30 —River stages. 9:3s—Church services. 11:00—Sign off. P. M. 13:00—Roxy Symphony concert iNBC). I:oo—Friendly hour (NBC). 2:oo—Organ recital. _ , , , 2;4s—Orchestra concert from Zoological Gardens. 3:30 —Twilight reveries (NBC). 4:Jo—Whittall Anglo Persians (NBC). 5:00 —Time announcement. s:oo—Songs at Twilight. s:2s—Baseball scores. 5; 29—Weather announcement. s:3o—Retold Tales (NBC). 6 00—Enna Jettiek. melodies (NBC). 6:15—T0 be announced. 7-15—Henry Thies" orchestra. 7:4s—At the Baldwin (NBCI 815—The Crosley Gembox Hour with concert orchestra and soloists. 9:ls—Weather forecast. 9:10 —Cino singers. 9:45 —Cello recital. 10:00—Musical novelesque. 11:00— Sign off.

—Saturday——6:3o P. M.— WBBM (770) Chicago—Dance music NBC System—Pickard Family to KDKA. —6:50 P. M.— WGN (720) Chicago—Goldkcttes orchestra. J, p M _ NBC System—Nathaniel Shildkret’s G. E. Concert to WSAI. WGY. WHAS. WGN (720) Chicago—Sketch "Old First Nights.” Columbia Network—Nlt-Wlt Burlesque hour to WFBM. WBBM. NBC System—El Tango Romantico to WMAQ A (670) Chicago—Concert orchestra. —7:30 P. M.— KYW (1020) Chieago—Talk; orchestra conWBM' (770) Chicago—Chicago orchestras. Columbia Network —Temple hour; Joe Green’s Marimba band to WMAQ. —8 P. M.— KYW (1020), Chicago—Orchestra; artists. WBBM (770), Chicago—Studio frolic. NBC System—Rolfe’s Lucky Strike dance orchestra to WSAI, WGY. WHAS. NBC System—Melodrama to KDKA. Columbia Network—National Forum to WBBM. —8:30 P. M Coluumbia Network—Lopez orchestra to WBBM. WMAQ (670), Chicago—Concert orchestra. —9 P. M.— KYW (1020), Chicago—News; dance program. WGY( 790). Schenectady—Byrd Expedition program. WGN (720), Chicago—Tomorrow’s Trib.; Hungry Five. WMAQ (670), Chicago—Amos 'n' Andy. 9:10 P. M. WMAQ (670), Chicago—Concert orchestra. 10 P. M. WGN (720), Chicago—Dream Ship; Goldkette's orchestra. 10:15 P. M. WYK (1020). Chicago—Edgewater Beach orchestra. 10:20 P. M. WMAQ (670), Chicago—Dance music four hours). 11 P. M. KYW (1020), Chicago—Straight's orchestra. . WENR (870), Chicago—Air vaudeville. WON (720i. Chicago—Knights of the Bath (two hours). —Sunday——6.3o P. M.— Columbia Network —Sonatron orchestra, WMAQ (670), Chicago—Concert orchestra; vocal. —7 P. M.— Columbia Network—Wendell Halls Majestic Music Makers to WBBM. WFBM. NBC System— "Our Government” to WSAI, WHAS. WENR (870). Chicago—Classical. —7:15 P. M.— KYW G 020), Chicago—Dance music. NBC System—Atwater Kent concert to WGY. WON. WSAI. NBC System—" Tone Pictures” to KDKA. —7:45 P. M NBC System—Baldwin concert to KDKA, WLW, KYW. NBC System—Character Sketches to WGY. WSAI. —8 P. M Columbia Network—Arabesque to WBBM WENR (870). Chicago—Edison Symphony. WMAQ (670). Chicago—Pianist; Auld Sandy. —8 :15 P. M KYW (1020), Chicago—Week-end party; news ithree hours). NBC System—Jean Goldkette's Studebaker Champions to WGY. WGN. NBC System—Light Opera to KDKA. —8:30 P. M.— Columbia Network—Russian music to WMAQ. —8:45 P. M.— NBC System—"At Seth Parkers” to WHA3, WGN (720). Chicago—Pullman Porters. —9 P. M WGN (720). Chicago—Tomorrow's Tribune. WMAQ (670' Chicago Amos a’ Andy; concert orchestra. —9:15 P. M.— WGN '720), Chicago—Tenor; WGN symphony. —9:30 P. M W’ENR (870 t Chicago—Air Vaudeville. WMAQ (6701 Chicago—The Elsie; concert orchestra. —9:45 P. M.— NBC System—Vibrant Melodies to KDKA. —lO P. M WGN (720) Chicago—Dance musie. —ll P. M WBBM (770) Chieago—Nutty Club (3 hours). City Stations WFBM (1280) (Indianapolis Power and Light Oosapan;' —Saturday— P M 4: IS—Doris Bales, crooner. 4:3o— Musical Vesper* 'CBS). 6.oo—lndiana Medical Association bulletin.

s:os—Sportsiants <CBS). s.4s—Jim and Walt 6:oo—Longine’s time by Julius C. Walk & Son; weather 6:ol—Columbia Club dinner ensemble. 6:3o—Fairy Tales. 7:oo—Nit Wit hour (CBSi. 7:3o—Red Seal hour. B.oo—National Radio Forum from Washington (CBS'. B:3o—Hotel Paramount orchestra (CBS). 9:3o—Simone Martucci's orchestra (CBSi. 10:00 to 11:00—Silent by order federal radio commission. 11:00—Longine’s time by Julius C. Walk & Son; weather: The Columnist. —Sunday— A. M 9:30 to 10:30—Christian Men Builders. P M. 12:15—Dessa Byrd. Indiana theater organ. 12:45—8en Alley, tenor (CBS). I:oo—Symphonic hour (CBS'. 1:30 —Fuller-Ryde record program. 2:oo—Cathedral hour (CBS). 3:oo—French trio and soloist (CBS), 3:3o—Studio program (CBS). 4:oo—Concert orchestra from Philadelphia (CBSi. 4:3o—Twilight melodies (CBSi. 6:oo—La Palina program (CBS). 6:3o—Sonatron program (CBSi. 7:00 —Majestic theater of the air (CBS). B:oo—The Stutz hour of music. 9:oo—Souvenir ICBSi. 9:3o—Coral Islanders (CBS). WKBF (1400) (Hoosler Athletic Club) —Saturday— P. M. s:oo—Late news bulletins and sports. 6:3o—Dinner concert. 7:oo—Studio program. B:oo—Herbie and his gang. 10:00 — Walnut Garden orchestra. —Sundav— A M. B:oo—The Watch Tower hour from New York. 9:00—Ballad hour. P. M. 7:oo—First Presbyterian church. Day Programs WFBM (1230) (Indianapolis Power and Light Company) —Monday— A. M. 7:00 to 9:oo—Pep Unlimited Club. 10:00—Dale Young at Indiana theater organ. 10:30—Aunt Sammy’s hour. 11:00—Fuller-Ryde Morning musicale. P. M. 12:00—Patterns in prints (CBS). I:oo—L'Apres Midi (CBS). 2:oo—Modulations, organ recital (CBS). 2:3.9—Show Folks (CBSi.

IVKBF 0400) (Hoosier Athletic Club) —Monday— A. M 9:oo—Home Complete program. 10:00—Standard Nut Margarine cooking chat. 10. To—Studio program. 10:30—Livestock and grain market; weather and shippers’ forecast. 10:40—Agricultural talk. 10:50—WKBF shopping service. WLW (700) CINCINNATI —Monday— A. M s:ls—Top O’ the Mornin’. 6:15—01a Man Sunshine (NBCi. 6:3o—Organ program by Johanna Grosse. 7:oo—Absorbine, Jr., exercise program. 7 30—Health talk. 7:3s—Morning devotion conducted by Dad Kershner of Y. M C. A. B:oo—Crosley Woman’s hour, with musicale (Cooking Chat, poems, household hints, and instructive talks.) 9:oo—Orpheus trio. 9:3o—Live stock reports. 9:4o—Talk. 10:00—Beauty talk. 10:15 —Studio personalities. 10:30—Weather, river, market and police reports. 10:55—Time signals. 11:00—Organ. 11:30—Orchestra at Hotel Gibson. P. M. 12:00—Town and country. 12:15—Live stock report. 12:25—Market reports. 12:30—Matinee players, I:ls—Stocks. I:2o—Sign off. 2:ls—Maids of Melody. 2:4s—The Banjokester. 3:oo—World Bookman. 3:ls—Women’s Radio Club. 3:3o—Woodwind ensemble. —Monday— A. M. 9:OO—WENR, Chicago—Sunshine hour. 9:IS—NBC System (WEAF)—Household institute. 12:00—NBC System (Central) —Farm and home hour. P M 1:45 —WMAQ, Chicago—Sox vs. Washington also WGN. 2:OO—NBC System (WJZ>—Brier's orchestra to WJZ, WJR, KWK 3:OO—WTMJ. Milwaukee—Milwaukee vs. Columbus. WCCO Mlnneapolis-St. Paul—Minneapolis vs. Louisville. 3:3O—WJR. Detroit—Fisher Theater entertainers.

Pure LINSEED OIL 93c Per Gallon Marion Paint Cos. 366 S. Meridian St. KI ley 9165

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW TORE MEMBERS New York Stock Exchange Chicago Stock Exchange New York Cotton Exchange Chicago Board of Trade New York Curb Association 300 Fletcher American Bank Bldg. Telephone Lincoln 5501

PAGE 13

FARM BOARD WILL ACT IN WHEAT CRISIS Acute Problem Presented by Trouble in Moving Huge Surplus. BY C. J. LILLEY Times Staff Correspondent WASHINGTON. July 13.—The federal farm board next Monday will be asked by President Hoover to take up the problem of marketing a grain crop of such proportions that elevators are filled to overflowing and insufficient ioreign markets for its disposal can be found. The grain situation has become so acute that pleas to the White House for extraordinary action have been made. The first step was taken some weeks ago, when railroads were asked to reduce their rates and provide the cars to move the grain to seaports. Movement of the grain has congested seaport facilities and demand now is being made for government ships to transport the surplus .to foreign markets. It was in making a plea for more shipping board vessels at gulf ports that Representative Briggs of Texas learned from President Hoover Thursday that the farm board would be asked to take up the problem at its initial meeting next week. Hoover told Briggs that the grain problem was a marketing one and that the new farm board was being created to handle emergencies of this nature. Briggs asked the President to issue an emergency order authorizing the shipping board to recondition idle ships at a cost of $1,500,000 in excess of available appropriations, to handle the demands from grain and cotton exporters at gulf and other ports. The congressmen handed the President a prepared statement setting forth that with last year’s carryover of 250,000,000 bushels of wheat and this year's crop an aggregate of 1,100,000,000 bushels will have to be disposed of. The exportable surplus will amount to more than 350,000,000 bushels, Briggs said, wtih every indication that foreign markets can not be found to take it all. Not only are interior elevators filled to overflowing, but those at the seaports as well, Briggs said. He said the grain was being stored outdoors because of shortage of facilities. The situation is being viewed with concern by the railroads, because it is feared that not only will all cars be pressed into use, but many may be filled with grain and remain idle on sidings for some time, Briggs said.

Deaths Roger M. Bolin. 74. 857 North Oakland, arteriosclerosis. Martha Ellen Sheridan, 41. 1402 Albany, tuberculosis. Ruby Talley, 24, city hospital, hypostatic pneumonia. Mary Alice Richardson. 50, Methodist hospital, chronic nephritis. Wiliam B. Slack, 2, 236 North Rural, obstruction of bowels. Elizabeth D. Hauk, 88. 2212 Broadway, carcinoma. Ernest Spight, 25, 535 Agnes, pulmonary tuberculosis. John Robert Pitts. 1 hr., 3343 North Illinois, premature birthJohn Bradshaw Dittrich. 10 days. St. Vincent's hospital. Intestinal obstruction. George McHaffie, 64, 1238 West Thirtyfirst, cerebral hemorrhage. Annie F. Haywood, 81. 311 North Bancrolt, cerebral hemorrhage. James Murdock. 36. St. Vincent's hospital, pulmonary tuberculosis. James A. McGrevey, 75, 624 Congress, chronic myocarditis. Edward H. Grice. 36. city hospital, accidental. Alwlne Quebe, 45, Coleman hospital, nephritis. Gwelda Virginia Dollens, 20. 433 North Chester, pulmonary tuberculosis.

Middle West Utilities Company of Drrufand on Common Stock The. Board of Dwxrrrs-af Middle West Dnfirrcs Company hats declared a quarterly dwidead. of One Dcdkrr god .xseaty lerve Cent* (SI-75> upon each share of the ontstandmg- Common-Capital Stock, payable August 15, 1929, to all Common Stockholders of record-on the Company's books at the close of bosdiess at 5:00 o'clock P. M., July 31, 1929. EUSTACE J. KMIGHT. Stcntsry.

DOWN ‘ D INSTALLS CROSLEY ALL-ELECTRIC RADIO Balance 1 Year Chicago Jewelry Cos. 203 E Washington St.