Indianapolis Times, Indianapolis, Marion County, 15 July 1938 — Page 21

.

RE i gy

og,

FRIDAY,

STEEL ISSUES LEAD IRREGULAR UPTURN

JULY 15, 1938

C

AFTER PAY RUMORS

Two-Point Gains Pared to Fractions in Dull Market.

NEW YORK. July 15 (U. P) Stocks react moderately fron mne Of Prices were irregularly hig! I'rading was q Gains ran > to almost 2 points 1 teel | were m down to fi U. 8. Steel and Bethlehem | howed gain )f 8 il each A fe ng Chry rr halve \ lding around 65 ) n Coopers, aviations, oil equipments gen eral rains Run f raing steel] wage broueg ving in feel Dow Chemical was up 2 points wi Union I and Coca C We up a poi each Aviation 3 " or na 1x hi 3 HH H hes noved p i 3 ood Aa on vile © ) { 1 National Cash R « hed a new 193 h 2 rs Roebuck on f aD Rails Lead Bonds Up Ad ile rails led a moderate e in omestic corporation U. 8S. Government loans wed (3 1 ) at the outet we swhat ar and lin 1 ost to small R pport el 1 I ] Ww nd heee al \ Nie} to almo 2 ) na 1M Ot ol ACLIVE - New City 1 ms en otnery quiet Ana g p. Indu AN d mally higher VA IA U Q Go nent lien w y 3 ve | Ter 1e listo od Y ) > 4 > 3 “AT \ 15 ( y 1 m RQ \ Nf eo \ 1 1 As Tan h Curb Shares Decline Hon . 3 NN \ s At qd 1, x y vel A D ¢ i 0 fra io ) ) he main T \M Ww 0« i Newmont w a 1'5-po A t 1 Re 5 rs M 0 ) I P I Lea x 4b I Ame an Sun Pi NY y A ( & Elec t 8 Unite Ga s I )S 4 { @ 3 ) An 1 © B y 23 Jones & 1 y 20 d

A \ A ( RB A A A \ Rr Ww ¢ Rr A ( ( 5 a ' ( { A NM 1 3 5 R 3 N Ps Q N ¢ N. Y. Bond » » ON( S BOND PRICE INDEXES 2% 0 20 wo Inds. Rails Utils. Bonds Yeclerdary fi8 SR 9.1 0.2 Week age |31R 58.8 9% 8 9% Month age 9.2 19.1 93.3 13.8 Year age au 23.1 101d a3 Twe vears age. 910 212 106.1 att 193% High fis 08 9.2 [2.5 193% low 19 17.9 £1.3 0.3 192% High ... 955.0 1n.2 106.0 100.3 1937 Low 0.1 69.3 ”23 LI | 1938 High 018 to. 106.2 1938 Low ann [3.3 103.35 Al cht, 1038 Stal rd Sta <Q U. 8. GOVERNMENT BONDS Treasury Bonds 24 02.25 ni 106.4 La A ht KX 2 MM 87 67 RLO 4 22 22 Rr } 4 14 11 ¢ Pac 4 48 8 8 { NW 2 cv ( 3 i85 V4 : xD

Be B 3 BI ¢ Cs nou C { ) De kx 4 6 00 F T 04 Me 3 . 1 3 Chicago Stocks Cr Rig A & 2 8 5 R A € 3 £ Butler B 5 cv of 22% A t e Flex Shaft 70 8% Y B = ¥ Fox P Rrew Houdaille-H B \ Ili Brick Marsha Field 1 NM \ ( rn b Ze adie 2% REPUBLIC REOPENS PLANT MASSILLON, O. July 15 (U.P). A civie celebration today marked resumption of operations in the open hearth division of Republic Steel Corp. closed since last November,

ITALY T0 MEET

~ TEXTILE NEEDS

Company Building Huge Plant to Produce Cellulose For Country's Use.

Py become

ROME (U Italy's tenac {io selfsufficient in the production of celiuneeded for making paper, texsoon will be

July 15

fous efforts

lose, tiles and gunpowder, completely successful Premier Benito Mussolini's pledge to the nation in a public speech in March, 1936, that shall have national Hul in a not distant thus will be fullfilled. effort in this direcnext Oct. 28 1al and farof the selfwill have its

‘we

ce Se

hiopest tion will be launched ratiot cation 1ciple

when the reaching iency inception I'his effort is being Viseosa Co., the large

most appli pri

made by Shia rayon

lanital” manufacturing concern I'he company is building a huge plant at Torre di 2Zuino, in the province of Udine, for the producnm of cellulose from common cane arundo donax). The plant will rise over an area of 250,000 square vards, and 1500 workers are engaged in constructing it.

Project of Vast Size

her with its agwal is hailed by [talian press as “the most modern and powerful productive unit in

the world.’

plant, toget

accessories,

I'he whole project

comprises, besides the pias Ex en rye cane plan-

tations and a twork of canals for the rr ion of the latter and the ansportation of the cane and other materials to the plant Many recination works have been necessary y prepare the ground for the plantions, which will cover an area 2500 acres. Approximately oneour of this area alreadv has been nted with 25.000.000 voung shoots, drawn from all the cane groves ol Italy Jobs Provided for 3000 Wher twork is finh a length of 440 mile 1500 workers ngaged i Itural side of e de 1 a total of ) borers are emploved in car1g out the preliminary phase of n These laborers have been ran m the provinces worst hit

by unempiovmen Lot Al, ISSUES {By In nanoits Bond & Share Corp.) The fo qu not repre. : but’ merely market level

selling inquiries or

Asked 100 105 103 106 ‘ 108 . 100 wa ‘ 49 e 1 83 36 89 A p © s 68 ...104'% 106% Water Works »s 38 102% 104% A ‘ 98 101 IR 10 1021s .... 100% 103% 98 100 97's 100 103% 105 «+100 103 «+100 102% 101 : 54 57 STOCKS R RR St Yds com .. wae 89 S1'% | IR i . 30's 31 2414 i, 13 1068's 101 104 30 53%: 10 an 93, a6 '4 99 103 : 22 24): 60'% 63's 68 71 iv 80 13 4 19 n 35 38 86 R9 23% 98's 24 27 60 82's an C Ik Co com. 10%, 11%: XEx-Dividend {By M. P. Crist & Co.) Market St. Investment Corp..24 19 26.11 yy a BANK S STOCKS Net Bid Ask CREnge 47 49 17 183% 45 1 391, - 1 16 £60 : 5 230 23 | 103% 119 — 14 Ma S 38': 40%: N 26", 27% New York 02's B's — 1; Pr t 28 28 C ce 3! 6'2 . 2 N T F ORE IG N EXC H ANGE NEW YORK 3 YP) = Foreign e 2 Following are noon cab ale ON major currencies Cable Rat ( 1 1931, 0.095, 02764 0526 ‘a 1693 1020': rk) .2290 , 2288 } 00! 350% 001’: 25434 3001 2470 — 00013 SD — Joo1 vr U. S. STATEMENT SHING TON, July, 15 (U Py Gov. expenses \ receipts for the wough. July 13, com-

YO lt tt 5 tt on C5 5 05 OO = por

INDIANAPOLIS CLEARING HOUSE Cle nes . ..%£3.105.000 ts ‘ : 7.536.000

GLASS FIRM'S SALES UP » ce KX { IN'OLEDO, O, July 15. —Reporting a reduction in net loss to $30.352 in the quarter ending June 30 as compared with $371,527 in the first quarJohn D. Biggers. Libbeyv-Owens-Ford Glass Co. president, today said that sales of the company for the past three months have been pro- |

{er

gressively better. He ded that the company's | plate glass plant at Rossford, O.,

{ would be reopened July 18.

and!

7 |item to 687 millions, 00

This figure was exceeded on the August, 1936, date when the excess of

| reserves over requirements touched |

$3.167,000,000 and by the all-time

high of $3,304,000,000 established Dec. 11, 1935. Actual reserve balances were re-

| ported at $8.273.000,000, up 199 millions from the preceding week, Principal factor in the expansion of member bank reserves was a ‘ecrease of 142 millions in Treasury deposits with Federal Reserve Banks

i

which brought that item to 628 mil- |

lions, | Money in circulation fell 70 lions to $6.444.000,000 and monetary | gold stocks were up 12 millions at

mil- |

| $12,079,000.000. These changes wore |

offset in part by increases of 12 millions in Treasury cash and nine millions in nonmember deposits and other Federal Reserve accounts, lifting the former item to £2 .315.000,000 and the latter to 633 millions, | Reserve bank credit fell seven millions to $2.596.000.000, also helping to restrict the rise in reserve balances. No change was reported in the banks’ holdings of U. 8S. Government | securities, but nine millions ‘were | shifted within the portfolio from | Treasury bills to notes. | Reporting banks in New York City reduced their holdings of U. 8 Government direct obligations hy seven millions to a total of $2.837.000,000 and added three millions to their investments in Government- | guaranteed obligations, lifting that

\ 1 3 | FOOD PRICES i CHICAGO, July 15 (U. P) —Apples { Illinois, transparents, bu, $1. Sweet Potatoes, Tennessee, bu hampers, $1@ 1.25 Carrots—Illinois bunch, 2% 2c. Spinach Jlinots bu., 85@75¢. Tomatoes—Illinois, {20-1b. fats. 356 60c Cauliffower- Washin gion crates, $1 6061.7 as—Washinghampers, £1.00 Celery—Michigan, righball « crates 25% 35¢

AW AITS M ASTER'S REPORT

NEW YORK, July 15 (U. P).— Federal Judge William Bondy today was informed that the report of Special Master George W. Alger with respect to whether the plan of reorganization for Radio-Keith-Or- | pheum Corp. is fair and equitable probably will be filed in Federal Court Mongay, July 18. The plan has been proposed by Atlas Corp.

ago and $35997.000 a year ago, or losses of 53.2 per cent and 8.7 per cent, respeeLvelY:

DISCGVER ALLEGED BOGUS BOND RING

CHICAGO, July 1» (U. PP). State's Attorney's police today disclosed existence of what they be-

lieve is a nation-wide ring to flood the country York Central Railroad bonds. They said three men in. whose possession $33,000 of the bogus bonds were found were in custody least two others were sought. In custody were E. M. Watson, 32, Chicago: Bud Harris, 39, Kansas City. and William Potees, 38, also of | Kansas City,

Material Dips

Pimes Special BOSTON, Mass, July 15.—One of the biggest price drops occurring during the past ve r was in raw materials. The _,epartment of Labor's index oi raw materials prices is down 15 per cent from a

year ago compared with a 105 per cent drop in all wholesale commodity prices. Raw ma-

materials prices were the lowest in June for any June since 1034, Lower prices have helped to move stocks of raw materials on hand which are now 22 per cent less than at their higly of last December,

THE DIAN fpoLIs TIMES

with counterfeit New |

and at |

ENGLISH BOY, 5, ENDS

| JOURNEY AT DETROIT

| DETROIT, July 15 (U.P.).—Five- | | year-old Ronnie Davies romped in | the home of his father today after |

completion of his journey from | | Southampton, England, alone. | The boy, sound asleep, was car-

the arms

FOOD PRICES HIKE

NEW YORK, July 15 (U. P).—A | greater than seasonal increase in food prices boosted living costs of | wage earners .2 per cent during | May, the National Industrial Con- | ference Board reported today.

| ried from an airliner to Rents, . clothing prices. and the |.of his anxious father who had not | cost of sundries declined, however, | seen his son since ne was four | with the result that the June living | months old : ., | costs were 2.5 per cent lower than The father, Albert Davies, said |, year ago, 12.8 per cent below June, | the boy's mother died in childbirth | 1929, but 20.9 per cent higher than and Ronnie was placed in the care | in the spring of 1933. | of his aunt at Cymmr, South Wales. The purchasing value of the dol- | lar in June was 115.3 cents comREFUSES T0 AWARD | preg with 115.6 cents in May, 112.5

| © WASHINGTON, July 15 (U | —=The Postoffice Department

P). today |

tral Committee will meet Monday |to discuss a successor to Charles |J. Ryan, Judge of Allen Superior Court. it was announced today by [Joseph Suelzer, county chairman, Judge Ryvan died recently. His | term would have expired Dec. 31, | 1938. He was the Democratic nom|inee for re- -election.

TEE

ERR

took | uninterrupted since Nov. with | Dun & Bradstreet, Inc.,

|

TREND OF refused to ward an airmail contract | | | for a proposed Wichita, Kas.I PRI i RAW MATERIAL! PR CES Pueblo. Colo. w 100 i | matter to the new Civil Aeronautics | declines which, 2 \ Authority : The department yesterday 3 “1 | similar action In connection < the Houston - Brownsville, Tex., u 50 | | route. ° YJUNE EACH YEAR ise ts a ————— k 2s : SUCCESSOR FOR DEAD | w oc ok hated Ly | JUDGE TO BE NAMED | = 30 03s | ————— THE PARKER CORR GENERAL DISTRIBUTORS! FT. WAYNE, July 15 (Vu. P).— INCORPORATED INVESTORS The Allen County Democratic Cen-

9 | leading cities were placed at $4,996, | 659,000 against $5.816,126,000 in the |

nts in June, 1937, and 100 cents in

AIR MAIL CONTRACTS 1925

BANK CLEARINGS OFF

NEW YORK, Bank clearings in

July 15 (U., P).— the week ended |

route and referred the { July 13 extended the long series of with the exception | | of the June 8 week,

has continued 17, 10317, reported today. Total

check transactions at

19% week, or a decline of 14.1 per

UNFILLED ORDERS DOWN JERSEY CITY, N. J., July 15 (U. P.) —Unfilled orders of American Car & Foundry Co. amounted to only about four million on July 1, contrasted with approximately $27, 300,000 on the same date a year ago, President Charles J. Hardy informed stockholders at their annual meeting today.

A SAFE DEPOSIT

IS LOW COSY BOX INSURANCE

9 Different Sizes $3 to $100 A YEAR

Security Trust Co.

MAY LIVING COSTS

PAGE 21)

Y. STOCKS Licht Recei N. Y S Light Receipts By United Press { B 0 tC Porker TONIGHT | night, for the second broadcast of | 0 | ’ the summer program, you may == POW-JONES STOCK AVERAGES | 005 6:00—Lucille Manners, WIRE. hear a discussion from the Chaurenee | nv ' 8:00—Town Meeting, NBC a: discus High Low Last Change | 0 INvesTaAe rr : own Me ' vt. NBC tauqua Institution, Chautauqua Air Way El 12 RH, Ai x | Yesterday feieis 135.81 =1.08 | 1 0 I) to $9.80 7:00—~Grant Park Nr BM . Lake, N. Y. on the question, “Is laska un : Rew pr 35.6 wf . A 4 od " . Aer Corn Ha i dn jo | Week Ate ren gtottncets al on) 8:00—Goldman Band, Democracy Possible in a Machine Al C orp p pf 1234 123% 12% — 1; | Mont BO .oivanianin - es — 3 . oh} Age?” Allied Stores 10% 10% 10% x, | Year Age .. os 179.58 0.18 | A radio broadcast was Credited Be giTially Dr: Avihar EE. Bestop Aus chal CC Mia Ba 2a + oe | Mich 1938 IAL dow, ORO, am Hog values reacted upward here | today with reuniting a mother anc | SAY, De Ares. Bester i Bank F 3 24; fs & 8 03%, 104.40: low, 113.64. Rd rched half the na- | the nstltutions president, was to Am C & F 24 Bila fla + NM |. Hem 193} | today under curtailed receipts fol- | son’ who had searchec ee ra crore B Am Chain & C. 17} 114 13: Ly 20 RAILROADS ; Market Hed tion's states for each other since | preside over the discussion. ut Am Crys Sue 13% Ma Ma = loa ses —an Outside arxkets, e ging. lowing Wednesday and Thursday's |, oo were separated 23 years ago. | this week the temptation to throw | 4 3 3 ai pay [Vek Are Lin % Sh a Reduce Prices After | 40 to 50-cent price breaks, the Bu- The search approached its climax | his hat on bie Hii table evidently J fl 54, 3 + BR i), 3% : ee S glv S | Am Suga BR's te fle — Lag vm! | reau of Agricultural Economocs re- | last Sunday when Mrs. Blanche L. | ielusghey, 5 Bo nay Tven ub bis Am Tob wB e iE Year { SR En : er | passive r avor a - Al) WN I IAL a] igh, 1998, 22.38 low, 19.00, Fluctuation. ported. West.of. KLoRomO, 14d, tured her | pass Anchor H Gl .. 1312 13 1934 — 13] High, 193%, 61.46: low, 28.01, | Today's gain was 15 cents on all | radio to the National Broadcasting | A tne." 101% 30% ‘Mts + ta ) 15 UTILITIES . DEaY'S pan Was > ON 9%) Co.'s question-air program over a | Other speakers are to be Dr, | Atlas Corp $4 3 8st x ie Yesterday ‘ N03 0] CHICAGO. July 15 (U. P) | Weights, Packing sows sold mostly | chicago station. | Everett Dean Martin and Reigh \ ry ite 's B i : " y Rep i . or 5 'S p p p [Aun ae [Week Ags o.oo woe BLOB —05Y | Wheat prices fluctuated erratically | 10 cents up in a steady to 15-cent In the midst of the program, she | Borsodi. __Dr. Martin, author 0 di Hoga at | Month Ago 18.4% —0.16 | on the Chicago Board of Trade to-| higher trade heard an announcer introduce a |such books as “Liberty” and “Civilizald Loco ct { 9's 8 ae > y . : | . ' . i . . - > solv "” il at Bald ose ie 3% 3 Lia | Year Age 28.18 * | day before weakness in outside mar-| The advance, however, still left | Participant in the program as | ing Ourselves,” will contend that Barnsdall 9% 13% 19% — la] High, 1938, 2; lew, 1X04, | kets and hedging pressure forced bile : ry . “Aubrey Chloe Gibbs.” She imme- | political democracy can adapt itself | Beha oo gar gion 8ysa La | MEER 1933, 335M: lew, 19.63. 2 | prices lower local values low compared With | giately queried the Chicago station | to the changes wrought by tech= Boeing Aix 48 Rt HA 3 ie] : Net At the end of the first hour of | Nearby points. Top was $9.80 on 200 for additional information and | nology and industrial organization, 1 A pos 1 4 . | X ih » . ee y 33. 3% 3a = Ml : High Lew last Change trading wheat was off 1s to %. corn | to 210-pound averages. learned that Gibbs was her son. Mr. Borsodi will champion the 107% 1074 100s — | Mont Ward BU. BU OW cece | 3 rare | ; The mutual search had been com- | back-to-nature viewpoint. Director 253% 23% 2% .. Ns . was up %% to off '«, and oats were| packing sows sold from $7 to $8. Elis ; ; Str 4 s ti 3 g's N's oi: | Nashately 100 10% 10% unchanged to 's higher | st ted. § $6.50 to | Plicated by remarriage of Mrs. West | of the School of Living, he is the 3 Bae Bs YBa I 3: Nat Dalry 158 18% 13 ' | “Winnipeg fell off sharply after a |g on. Co c quoted from % 10| and assumption of foster parents’ |author of “Flight From the City | a Nat Lead nT N,. Ba it i i i is | ¥1:20. name by the son. Mr. Gibbs re-|and “This Ugly Civilization.” He | =e Nat Pwr & Lt. T'a ila 1s — la | firm opening while Minneapolis| The slow weak to lower market ‘ he : : : | bell Wy 6 18! 16! | Nat Sup Penn.. 1914 181: 1914 r fir Ver : 5 : .. | sumed use of his own name when |is a noted advocate of greater Campbell Wy 16.2 3 18:2 * INat Sup 2 bf... 28% 28% 28% 1, | ruled independently firm. Liverpool | which has characterized the week's | ° , 4 a wa Can Pacific Bia 36 G3 i I NY 171 1 sh ray " . yi 8 ; "| he was married less than two years | family self-sufficiency and less deCelanese 19%, 193% 193, WR 3 ERA. 38s 30sf 30s, . :r|closed lower, and Kansas City | previous trade on slaughter grass . yendence on machine-made goods 3 13 3 3 { int . rR . 2 * : 1 18- ad S. Ch & Nx 13 ot Io 15 1 ~ 1, | No Amer 10 10% 10% 4 1, | showed fractional losses after the |she-stock continued in an uneven np th q n: held: their: Ye Pe Bestor's position in the dis aL 31 & RSE : = | | Ay N ’ ) : other and son he lr ree > S | { Se Crilds 8% 8% Be = :. = = 0 first hour. | trade. Yesterday's run consisted of y : = tiv . \ 3 : 5 Haaiad . y ‘dav ¢ p | cussion has not been announced. { Chrysle 66 65% 8, 1 Ohio Oil LOI 1 1g | Despite the weakness af Winnipeg | cows and plain and medium grass union yesterday in the station from | cuss t ; City 1 & F 11 11%2 2 ,, | Oliver Farm Eq 27 27 27 5 | : 4 aa certmd h ‘ : : ; + | which the broadcast was held. Next The broadcast may be heard on Colgate P P 11 1 11 — 4% | Omnibus 1532 15% 15% 1, | and hedging pressure which brought | heifers, with fed-heifers and all Sund (l {1 make oint ap | wENE: and other NBC-Blue sta - : $ 4 V1 int wn A = 01. 0! 99! 1, 1 ¢ : a dv a A y } ake - all -—_ - gol Bidet A M4 Wh Wa ‘ | Otis El of 120 120%2 129 * lin selling, the market held fairly | grades of steers entirely absent, | Sunday, they we Hake 8 0) _ Hore ato rit Com Credit ... 42's 42's 42's Yel as Cant I. of. So 80 Hl: 4 ; |steady as the uncertainty of the new | Plain and medium grass and Pera on ae progr : ; BE Gomwith Edison 23a 21 27th | Bac Coast 2 pf. 8 Ex 3 | loan price developments tended to| warmed up heifers are currently | Prought ies Dge ep Tomorrow's. music will include a Comvwith & So. 112 112 lia acific Mills Tis 17a 110m keep some traders on the sidelines. | selling 25 cents to 50 cents under Ap o sons Edison joys fda IB.a 1s | parame, Hie Hi ht a % ! } p indi els of late last eek. Thes While most news and comment | Quintet by Armande de Polignac, Cons Oil 101: 10a 10%: » | Park Utah 27a 27a 27a | The weather map indicated gen-|levels o ate last Week. ese , a ey want | Comtesse de Chabannes. to be 16a 16's 16'a 3a | Pathe Film iy 1a la I avait hy Wore od bulked $6 to $8. Bulls ruled weak | Proadcasts emphasize the current > . 01 21 31 1; | Peerless Ta Tg "ig erally clear weather for the North- | bulked at : 0 $8. Bulls ru e | scene, America’s Town Meeting of played by the Brenner Piano “134 ila 1'a Penn RR 20%: 20's 20,4 's | west and scattered showers in the | to 25 cents lower, most sales $7 and |* : : : ’ Ing tet on: the NBC Music Guild 35s 3: Toes w | DM Mor ht |i HH Hn Southwest under | the Air has won itself an enviable | Quin on J » | gi 133 132 13a a | Bere Mat Br nf: 8) 311, 31 r 1 ac ; : ; y-view disc | broadcast (Red network at 10 a. m.). Gia Bla Oa 1# | Bhelps Dodge 32 3 3. * Export business in U. 8, wheat was | Yeserday's advance in vealers was | SPO by R long YN Siseussion. of T . : ber of the 54 RY 53, 's | Phillips Pet 423: 42%; 423, a . : ased 50-cent lower deal. bulk contemporary trends and problems I'he composer, a member o 1e 87 67 67 2 Pittston Sa 34 138 1s | quiet. Receipts of wheat in Chicago | erased in 0 Ol " { The program's summer successor, | old French aristocracy 1lso has Proctor & G 81% Bla Bla : y Were es y \ BY fg better grades § o $9, choice, | = os ¥ Deb, Jy ? = Public Ser 30%: 30% 30%, 1; | today were estimated at 462 cars er & ” the University Town Meeting series, | written two violin sonatas and a Deere & Co Aa 2's 2a Pub Ser 8 pf. .138'. 138', 138! Trading in corn was light with | $9.50 ; ! E ot Drs S vor 13s 134 Hh = 11 {Pure Oil 1. ie! di e fair 1o0al upport and renewed ex Good and choice spring lambs | 1S Carrying on this practice. To- string quartet. ixie oriex ‘a A A - A § § <Q ( ¥ n ~ . = | suglas Ait 505s 507: 507 & Ya “afte : 25 co ioher ‘De Douglas A 0s 50% Sk X= Rado : ™ : Fe i, | port business constructive factors sold 25 cents higher at the expe se | 8 0 8 & #8 Du Pont pf 15 Ns HE Reo Mot te [Et 2 Export sales of U. S. corn over- of Joe grade Offerings wich gg=. THIS EVENING . Republic Stl 1f 'R 1¢ 1 v 3 A ed 25 to 5 ents, establishin a! a? 7 | Richfield oil Lid ™ ™ night were placed at 300.000 bushels " mn lity i rice ne (The Indianapolis Times is not responsible for inaccuracies in program anBast Kodak i 119 136 Jno clan Receipts in Chicago were estimated 5 np » ih AS ~ Tange] Ruuncements- caused: by station changes after press lime.) ast odak pf \ | . ( ( A 3 8 R 'S ‘as Elec Boat 9% 9'% 9'i St. Jos Lead 14 HX 4H 'v | at 208 cars a SE rs é g INDIANAPOLIS INDIANAPOLIS CINCINNATI CHICAGO Elec Pwr&ht 13% 11% 11% 15 | Seabd Air L i) ‘a “a . from $9.25 to $9.75, with plain and WEFBM 1230 WIRE 1400 WLUy 700 WGN 720 El PRL $7 pf... 40'a 40'a 404 s | Boab Oil ik Sn i BR he, WAGON WHEAT medium to good from $6 to $8.50, (CBS Net.) (NBC-MBS) (NBC-MBS) (MBS Net) vans Prod ns 113 11% — la | Sears Roebuck at At: x "8 SO! 4 , - ——— ii ¥ : Serve] Ine I1at2 13l2 13 City grain elevators are paying for No gi 4:00 Lights’ Or. Tune Twisters Tune Twisters Bill Anson ™ 1 Sharon S I... 13s Iota 13% = Ya |3 red, 39¢: other grades on their merits. | JY oD sin | Aa Karl Gordon New ' Happy Gilmans Melodies = «= Fed Wat 8 13 13 3 Shell Un i % + a s : q e Oats * Coser eacsanraeasiannnins S : i 4:30 Tea Tunes Boy Scouts aul Douglas ythm Rambles Fae 3 A grt oii go, | ShElL UL 2 nt {**1, | Cash corn. new No.2 yellow. 49¢. Oals, 23¢ BL reves 10.00 1000 | 343 Sunt y, Scout Raul Buus Sia Sam rst N Str 30! 30 a0! Skelly Oil x 34 ph - 13 ha ou sean . eeu 7089 | — — Fur irs . 8 | Socony-Vace i 14% 14%, 14%, x 1p LIVERPOOL, WHEAT 3: Cees . .e 10.15 S014 | 5:00 Rav Heatherton Audition Book Don Winslow Popeve i So Por R Sug 22 22 22 a | (U. 8 PFauivalents based on erling at | 13 coiiiiiininin 9.90 5720 5:15 Hollace Shaw Lncie Lzra Sports Turner-Marson Gair Robt 5 5 South Pae . 18'2 16% 16! % $4.02%, He siveceivevens 9.65 4361 | 5:30 Popeye New Let's Celebrate Boh Elson Gair Robt pf 17% 17 17'% a | South Ry ‘+ JE 117% 117s ‘4 Prey 13: seiciin Crises aeeeny 9.80 4327 | 5:45 News Night Voices P. Sullivan Dukes | Gen Baking 10 10 10 “ ‘a | Sperry-Corp 24%: 24°s 24a a High Lov Close close | Barrows and Gilts meme —— ‘ Gen Cable 1's 11% 11); Spiegel Inc ide 11% 114 ® | July ++.8 051s § 943; § 04%, § 05), (140-160) Good and choice..$ 9.15@ 9.70 | 6:00 Melodies Concert My, ‘Name? My Name? Gen Electrie 40% 40 40% s | Square-D 24 24 24 1 October 84, 837s 84'p 85's | (160;180) Good and choice 9.65% 9.75 6:13 YWCA Program ” Gen Foods 34 34 34 Std Brands J gn By ,, | December. 82! 8 8214 831, (180-200) Good and choice.. 970 9.80 | 6:30 St. Louis Blues >» Fxnlore Ohio Long Ranrer } 1 ! SH bg 4 ol 2 31 3: ‘ey | (200-220) Good and choice 9.606 9.80 6:45 Boake Carter » Cheyenne 121 121 121 a na 3 31% 31% a | 1220-250) Good and choice 0.25 9.70 | = —_— - - > at 2 12 | Std Oil N J 541 54! 54! B 1 1950-290" G hoie 36% 0 40 5 3 , y i Rev Grier's Or. ht Shh op “| Stone & Web 10a 10 10° 's | C HIC AGO PRODU CE | (390-330) Codd and cheice.. 8 35% Rat | 309 Snowemss Waltz Time eyye Li 3p 34 My 1, | Studebaker 6's 6a a | | Pa Sows 330 ” " Death Valley Death Valley Carlsen's Or. i 2 Vi a 4 2 Sunshine Min 12 12 12 s | gputter Market steady Recei pS 1.441 -d I BONS. awl ; {0.35 34 » a A a Ra Lis Tomoriow's. Trib, 30%: Bask Be +t | Suth Pap 201, 20% 29% 930 Bross jhe Extra firsts alls score)’ "i350.495) Good q 8.00 | —er - ee Same ed \ “ IR4S IRIE Yh \ Tea 20% ahaa. aia Er 1425-550) Good 1 780 | R:00 Goldman Band First Nighter First Nighter Heidelberg OF. Grey ho Cp 15% 15's 15% a . : i " 227 i 24¢: seconds Ra (275-550) Medium q 7.951 8:18 hy A n ' ”" hb Crosby's OF. Greyhound pt 1 1 1 Lenn Corp at at at tI aie, ghandards. | red 189 4] Slaughter Pigs 8:30 Barry Wood Jimmy Fidler Pres. Roosevelt Curtain Time He | Texas Corp Hla 4 45': 2 | scot © Wii ralized | score), 4c, (100-140) Good and choice.. 8.65 940 | 8:15 James Melton Rhy thm ’ a oy 4 | Texas Gulf Prod 4% $y 1% 1g Eggs—Marke easy Receipts, 14 821 Medium 8.40% 9.15 Lo —— —— - Hecker Prod 75% 5k BL Tex G Sul 833% 33% 33% « 1, | cases Fresh graded firsts, cars, 20% ’ wd $ a nthe A And Amos-Andv " ” : 11% 11's 1306 ‘ ex Pac IL T 105s 102 10%; less than cars, 20c Extra firs Ch CATTLE J: Sporty Or Headlines y Merrill's Or, Field's Or. 33 : + Hy 1 a8 2 Lransamerica 1.4 1 i! A a ale ess than ears 2e dai heck: 1a} 8 Receipts, 443 [ 3g TO Dr. Roundun Court House Carlsen’s OF. 39 59 59 + 'a | 20th Cent-Fox 9514 2514 251, } Sa ANA packed firsts, 211 4 storage Steers [| 9:45 : a Breese 5 or. m———— ee ee ee— 13 13 13 ‘ packed extras, 21! | | €150-800) Choice .....vvuuss 1000S Tr ee , , ¢ ‘ q 8 874 9 1a | a it ; pouitLy PCR " about eady Re (900-1100) Choice .....ccc.. 10 254 ol 75 phi News or Hawkins’ Or, P. Sullivan Kyser 3 Or. 29! 29! 29! 1 JY arp 85s 8! 8a — B g, 37 trucks ks 1 taf 13¢ geese { § } Choice T5412 I . \ . A 4 . . te oe mao MITRE BNO op 5] anes, Duel HL, ee | dS See i 07001200 | 10 James Fares Bagowsor. Kagio Clb Griers gr gt, Bi, 9 1 "3% TIN TIN = | spring chickens, ¢ i171 0 1750-900) Good Cerirerees [email protected] | 10:45 a - —— — - ! \ ! Ty Cp 28° 28! 28" fryers 6',6119¢ “13! 14c urs | (900-1100) Good .....ens sree 9.354010.5 . —— S——— ——- Ble 8% By + Wind nut 5: ne: 56 a | keys 124 16¢. ; RELL Saeed . 031078 11:00 O'Hares’ or. Bailey's Or, Review Fields’ .Or BL United Corp 3 3 3 i | Cheese Twins, 13'.@133,e: daisies, 14'% | (1300-1500) Good rr Ce 050610 75 | 11:15 H. Henderson's Or. Dance Or. Ahrisz s Or, Livinzston's: 0 Il Central 0% 10% 107% United Cb pf . 3114 31le 3h — 1 | @leiee: longhorns. 14!46 141, 1750-1100) Medium .......... T73@ 9.25 | 1:30 LL Haug's Or SpRele IF: BL Inspiratn Cop . 143% 1454 11%, Un Gas Imp 10%, 10%, 10°y — 1g | Potatoes Supplies, libera demand. | (1100-1300) Medium B00 050 | 11:45 Gendron’'s Or. f s . SUE Interlake Ir 11% 113s 113 Us Distrib 1 1 1 Shae! Jarket JR Sommerer © ibe Caob- (750-1100) Common (plain) 1.00 8.00 hi Hea BA Cn te Ts Sw US Paes PoJn du $n Li | Kanes Cobblers hc D8 Commerc | Sees and Heifers SATURDAY PROGRAMS 1 vd El B 1 y Ips Fe ht 50¢: alifornie Jt : OE ; 831 t # I Nickel 49% 40'% 49% tn J S Rubber i 381s 18 4 38 3 1S Doe ghbothia Whi ®t Bo! i 3 ea | (780-9001 Goad leifery R500 07 INDIANAPOLIS INDIANAPOLIS CING INN ATI ( CHICAGO Int P&P 10'a 10': 10%) . & p deed tila FRA 22 | Pras BiisE "Priumnhe 1.08 oh aN EEL LR Pa vey Ry Eis WEBM 123 WIRE _1400 Vv i2 iN I n ye nN a ja : y 5 Steel nf 108" 106! 108" Fie" phd big Raum ; 205 hioments sg Heapim 6 00 8 00 (CBS Net.) (NBC-MBS) (NBC-MBS) (MBS Net.) Intst D 8 4 14 a Vc iN . 0, on 3 eo H | : { ‘ —————— — — - —— eet) E Un Stores A 2% .78 eo 604. — | Cows 1 rds Devotions Hugh Cross Musio Box RRR a RE ER RR | ' 6:50 Early Bi 8 i . a | All Welghts— ol 814 " " Interlude Revelers Jones & I. 7 nf 65 85 85 } A : a A > Good tes senasianiasess 100 780 | oo ———— - Re Vadseco Sales k LI § —- 1s I. 0C AL I RODU £ E Med m re . . 8 hs 3.00 | ” ” Musical Clock Organ ; Good Morning B §&! 6 5 bab Sly ‘ Heavy breed hens. l1de: Lesh rn hens er and cutters .... 4 006 5 50 | » " Des Byrd RE bieant "» " 39%: 30, 307, Wa ash pf A 3a A a - 1 11e. heavy breed hroilers 2 and AY is } : % | ” ”» essa " og ”» ”» ”» 18 1834 1874 | Ward Bak A 1704 17% 174 '4113c: Barred and White Rook pr Bulls : v 16° 18% a 187% arner Bros i'a 7 Tila ! > Ibs. and over. l4c; colored springers ‘earlings Excluded (al ights > 9 y I | 1 Warren Br 4% 1% 1% . lbs. and to 13¢: Leghorn broiler 1', 1bs Ye (beet) yee a i h { 8:00 orean " Ear rectienrty eas Craesloyes _ West Md 4 1 4 and over, llc; bareback broilers, 09¢; old tAll weights) Medium xn . Y | Birthd Melodv Parade [ Lima Toco 31: He HY + | Westing B aR! osters. 9 HILET ae CCI 8:30 Cowboys Music our Birthday Me ara Loew S 51! 31a 3's \ Vestn, Bi 3» 28 8 4 - i, ro striet vy fresh eountry run eggs Luly snd 1 TR i 1 8.15 ” Synagogue Birthday Lone Star Cen 31 3114 51'4 1 Pht E 13 14 ne ae full A&E Wust Bh 53 Tse } calers —— _. - | 1/00se Wis 19 132 13s 2 White Sew M He Ales Mla | gross ER her ac eLIOR Of IF cents Toe | (AN weights) Choice ........ 900@ 09.30 | 9:00 Serenade, Hichlichts WLW Mah Baz Get Thin | Lo ra : : 1X 4 Filly , \ . 24 x 1 53% ade | SF Good . ove 8.000 9.0 0: Hymns une Lou & Nash 43 43 42 Noirs a pt a as? 3: | Bren N ° under i 20¢ ¥ No Be San “ All wetait 5) Medium Ze rins 7 001 oq Musical Comedy Our Barn Dr. Friendly Manon Street | Mf Woodward Iron 1% " 17a 17s * R26%q¢. ghuttertat No Twi le Yo 2. 19¢ Cull. ndmediuny ........... 5.000 7.00 | 9: ' Women's Clubs Arm y Band _ 04s 2945 91s ‘onlwnrth - -1 - rices a i hy a ov Oo) . { Mash e Mi a “Sn " . 23 Worm ha 1015 on His " Ré res 58 | Jo:00 Conners Jal Deyn. Byrd o Het ai Melodies in : « 3% Y gto ) 1p Me 4 ceipts. 558 10°15 " " " are ‘ma I Marshall 1% 1% 1% b ) " " hi Quit: Ryan : 921 9% 4 951 1 Yo 5 ¢ 700m 10:30 Footnbles Ne u a iN ol 105: 135: Iss 14 Yellow Tr 17 16% 17 85, COMMITTEE STUDIES 0-400) Choice: ..:-:...re. 7.000 3.00 10:18 P.G.A. Summary Gypsy Trail Farm-Home Mail Box - A 10% 192 193 1, | Young Sheet 3: 3m MY Mediu 5756 6 25 EY EE - ———— Mit ‘ ) Tq 19%, 19%, ‘ 2 1 Tedium 5.75@ 6.2 : - . " ~ Melo Minn-Mol nf ita ds 1's . . | COURSE ON SAFETY Common 5.25@ 6.7 11:00 Risethwes ives Gordon’ s, or. " » Melodies OF. Mission Corp 17% 17% 11g Zenith Rad 22, 11% 22 4 a | & Feeder and Stocker Cattle | 11:30 Farm Circle Farm Hour Afternoon Edition Services . a I a ales — — - — 1 ——— Steers | * . ” " Kenny’ s Or. , | 4300-800) Choco ......iies 825@ 9.00 M:43 Farm Bureau — > ——— | Times Special ¥800-1050) Chajce ........ ves 8.000 . i p p s Or. Revue et @ 500-300) GOA ,. ocr... oe P7506 8.25 | 12:00 Meditations Play Festival Krenz s ( 1 " n 4 1 5 ews J TERRE HAUTE, July 15 Mem- | bo Go Ferrey ene 30a 3.33 | 12:30 Prosperity Afternoon Off Farm Voice ' » 2 M | 1500-108 1 1 terrae 1560 7.50 | po. " ” ” " : 's ad i DROP 33 PER CENT bers of the State Sa fety Caurse of 2 Common svrevesen: 8 001 7.00 | 12:45 i. Farber § Or. ea lol an 2 Heifers Ege : IRE pr aseb: | RISE 160 MILLIONS ce Study Committee came here today | ©6550-3750) Good and choice.. 17.007 8.00 }:%0 Merrymakers FIRE Reporter jean Ellington Base ball | 2 { Common. medium 6.0060 7.00 iY : ’ Ar ” NEW YORK, July 15 (U. P).— | to observe work being done in the SHEEP AND LAMBS I Mu ah a a Ricgedo,, ren = E— Engineering construction awards in | COUrse in teacher training for safety Receipts, 1173— | Zon Builer Hamiican Matinee Club Matinee ” ’ 2 i instruc yiv / i ; Spring - Lambs— | > In " " tot’ ibd " " ’ ”" Bank System's Level Third the week ended July 14 were esti- | instruction, given at Indiana State | Spine, Tambs— errrtinns vor 0506 07s] 313 ae rent “wi on oe ho ted today by E ing N Teachers College 300 Err rr 8.501 9.30 P. G. A Me WE ie yo» mated today by Engineering News- | . \ [+ NA CCRRIE" = « <8euv is x wwe ene cees 7.006 8.50 | / ——— - : { Committee members are Arthur| cam 00% 7.00 | . : 3 ai ¢ 4 | MON ceiviivie sesnssnenes 6.00@ 7.00 | " " Top Hatters Trio Time Bill Anson Highest on Record. Record at $52.420,000. a decrease of | Campbell, Anderson School SUper- | BWSS= _. oe 1.15G 2.75] wr £0 JP ne Barrigls OF 0 secre @% : ~ " Good and cholce . visas .a of 2.76 i ' 2 $ N " yston’'s r. 33 per cent from the $78.322.000 re- intendent and State Board of Edu Common and medi vevsvs ANGE 178 | Anrerica, Dances Sabin’s Or. Sabin's Or Livingsto) WASHINGTON, July 15 (U. P) — ‘te renk ‘ . cation member; Frank Stafford, as- , Th dit b f thi Fed | R ported a week’ ago and of 12 pel sistant State director of physical CHICAGO. July 15 (U. P.).-—-Hogs—Re- 3:9 SEmbhionetics Martin's Or. Trulv American Serenade 18 creal ase o 1e rFeqeral Re- p ; 50.43% i ai ceipts, 6000. directs, 2500; fairly active on | 4:15 Shirley Sadler News e g cent from the $59,437.00 total in the education; Ben Miller and Dr. Wil- Nelghis 220 lbs down; early sales and | 1:30 Mountain Choirs Barron's Or, Paul Douglas Summer Swing serve Banking System was expanded | 1937 period. lard Patty of Indiana University: | bids, 10@ 5c higher: top, $10. Cattle—Re- | #45 be A ’ Barron's Or - —_ 3 Private awards were placed at . irish a ~ wo | ceipts, 1000: calves, 500; steady. Sheep— | : in the week ended July 13 to the $19 568.000 ts ! q Dr. Earl A. Johnson, Ball State Receipts. 7000: directs, 4500; steady KEY NETWORK STATIONS (Subject to change): third highest level on record, the |... 0 0000. an Increase of 59 per | reachers College; Branch McCrack- |. FT. WAYNE. July 15 (U. Pi. Hogs— : a ong | CONE Over last week's total of $8,100.« | on new basketball coach at Indiana | $0.75. 180-300 ‘ibe. $890. 160-10 los. | NE RE Soy. WOWO, 1160; WENE-WLS, 570; KWR. 1350, el A i ba » ’ ’ as ¢ *0¢ ana! 7! hs, 7 - 5. . weekly condition statement showed 000, but 53 per cent below the core | University; Dr. P. R. Noffsinger | $0.60: 220-240 lbs. $045: 240-260 Ibs. | NBC-RED—WEAF, 660: WTAM, 1070; WWJ, 920; WMAQ, 670. = i ” vt , ' 2 26 8 2 7 y . today. responding 1937 week when award- | is ’ aS, 360-280 Ibs 8.05. 280. 300 Ibs. 28.70: | CBS—WABC, 860; WJR, 750; WHAS, 820; KMOX, 1090; WBBM, 776. | American Automobile Association | 300-325 lbs. $855: 325-350 Ibs. $8.4! y JOR, 710: WHE, 1390: WHKC. 640: CKLW, 1030: WSM, 650, | Crossing the three-billion-dollar | Ig of the contract for Shasta Dam | squcation consultant assigned for I i ai pal 0, 103, at? i | URL AL-WUR.. 710; WHE, 1350; TA | : 3 ob “ . > . 3 < ON ls «12 Ibs. $8.7 R0ughs, 87. § 2 gs 2 ) mark for the first time since Aug. | (he Canforhia Central Valley | the summer to Purdue University; | cries sos: tambe S8: “lipned fam. 55. - 12. 1036. excess reserves of the re< projegt | JTS SPE OL Construe~ | jj, Lingo, Purdue Safety Institute, | Marker 10" th-20 conts ‘Rigtor: 160-200 oe | try: «HOG LAL} ; tion to a total of $23,440,000. |and Dr. Olis G. Jamison and Miss | $3.4079.60; 200-240 lbs. "$9.35 9.80: 240- CROSSWORD PUZZLE yorting member banks soared 160] Public lettings amounted to $32.- | tana Rtate Teak. | 210, IDS. [email protected]: 270-325 ibs. $8.50%8.85; | I ! hy k Ruby East of Indiana State Teach- | pias. $0.25 down: roughs, $7.50 down. millions to a total of $3.150.000,000. | 852,000 against 70 millions a week | | ers College | Calves—Market, $869: amis $89.25.

HORIZONTAL Answer fo Pre

to extremely cold.

vious Puzzle

| 1 Continent

13 Male children. 14 Corded cloth, 15 3.1416.

pictured here, | 20 It is one of the best ——=r 5 A northern 1 province on Tange in the this continent. aa : { ribes. Huis 23 Raven’s cali) . 9 12 Plural 24 Cra v al, pronoun. 25 Prompt.

26 Wayside hoteD 28 Silkworm. 29 Sound of

16 To make lace. disgust. 17 Mohammedan 30 Fish. judge. 43 Theme, VERTICAL 35 Abdicates. y 18 Electrical unit 46 Male. 1 Measure of 36 Fastened with 19 In line, 47 Stitched. area. a pin. 21 Street. 50 Was 2 Rail (bird) 38 Scope. | 22 Affected witn victorious. 3 Frosted. 40 Skillet. jaundice: 51 Auricle of the 4 Sought to 42 The earth. | 27 Profit. ear. attain. 44 Glided 31 Girl. 53 Thing. 5 Grand. through water)

32 To dwell. | 33 Reverence. | 34 Conjunction.

54 It is the continent on the globe.

45 Rowan tree. 48 To sob. 49 Actual being,

6 Cow-headed goddess. 7 Fortunes.

| 36 Pastry. 56 Its highest 8 To bellow. 51 Postscript. 37 Ever. point is Mt. 9 In. 52 Avenue. 8 Road. . 10 Like. 54 Musical note, | 39 Roof poiny 89 Yellow resin. 17 Its — varies 55 Noun ending.) | covering. 60 Turf. “from 57. And. | 41 Right. 61 Tall candle. extremely hot 58 Transposed | mes 1 J J) | | Cp 5 | 4 [4 \7 17 0 dl i : 2 6 F 8 (2 150 F 32 > 4 29 6 | | 57

130.E.