Indianapolis Times, Indianapolis, Marion County, 17 August 1938 — Page 17

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1 AR : - —A= et : DOW-JONES STOCK AVERAGES = san tow’ Lesh Anes =i 1 : High Low Last Change| 30 INDUSTRIALS. _ N Y Air Brk . 93; a cl. Air Reduc ..... 60 80% + 1 | Yesterday ........... <inevan a“ +148 NF Central . - 8% 18 18% + Ya Alleg Cp pfstow 9% 9% 93 — 1s| week Ago ........ cesenesss 15240 —081 |NY-NH & H apa? pad oi ears ain " Als Biores ced 10 10 + No Amer ...... 20 Re - Allis-Chal ..... 3s 48 48% -— Month AO ...ccccoccsccccss 141.84 1.88 No Am Avn i “20 007° 10 1 3 Smo BB TTA ee, P(N fae TB BE IY : : v meh High, y ; low, . or I Srv hi 10% 10 10% “ave High, 1987, 194.40; low, 113.64, on FF 10% 10% — Prices on hogs weighing from 160 ; Am Hide £5 a - 2 ; HW gore 20 RAILROADS Ja Silver Farm 5 1 an 1° + to 250 pounds moved steady to 15 Gains Range to More Than [Am ves Li: 8% 5% s% io. Yesterday .................. $7.98 +020 |Otis Elev .. ... 3% 3B I 1 |cents lower hers today while heavier 3 | Am Bad & 88 ii 15 i i | Week AZO ......ccocancnee.s 30.56 —0.24 | OE BUEEL cone ’ ; weights gained 3 to » Boon the | = i Sti Fdies . 27% 31% 27 iZ | Month AED 1vreevrens dnsnnes 3989 “oar : 26% 26% .... |Bureau of Agricultur conomics + 7.2 Points as Turnover sm Et vais’. £2 adi pe a 28 mais a dt of wig pores, ier oe 5 =i gh, 1938, 32.53; low, 19.00, Packard Pict. : 5 Yesterday's ce oO on Becomes Heavier. A Toe Sins San Sk t 7 High, 1987, 64.46; low, 28.91. params Pick i+ br nr op t.1 lann en ye Lo in an apix : Am Pe Be Ni Ne ln stord 15 UTILITIES ; Parker ‘Bat Prt i ie he 4'‘y | pearance today, huf such offerings - NEW YORK, Aug. 17 (U. P.)— nu Corp . 9% *% He : TA Touts Sor rein na 1. Dat - 1 Li 3 I 4 moved in a range of. $9 to $0.05. ReStocks advanced fractions to more | —B= 7 | Month Ago mimimieiesirerens 2285 40.9 |Benn BR III 20% 2000 20 “+ 1 |occurence of the top price failed to : 1 : Bald Togo ct .. 9% gh 8 3% | Year Ago I 3836 —oy|Bhelps Dodg'lil 384 35 304 + % reflect the uneven statis of the gentoday. The advance was the best of Ea lB Be £m, 1a, , 31.54; low, 19.65, tts Sg &'B 4 1% TH... | Weights scaling below 160 pounds three made consecutively this week. [Beth Steel ,. ,- 58% = 3804 86% + % | “Nev Dress Sil car . gi. 8% 85 ..... |sold mostly steady to 25 cents higher. - Higher-priced issues featured in |Beth Steel § Jt 15% 182 15% Cal. High Low Last Change | pupe or. 13 1 1 115 1 i;| ‘Packing sows sold strong to 10 ; gains, and the motors again de-|BlaW-Knox »... 285 3% 28s FM . © es | BuifiyOBax ii 12% 13% 13% T %|cents higher, most of the advance veloped the most activity. Advanc- | Borden ..... eee 17° 17 17 4 Yu|Johns Man .... 52% 02% 93% +1 | Re on on fedium weight and heavy sows. ing tendencies were noted in all ny w3% HN AN tT Jl —K— Badio .. ees 3 i Ta + J¢|Bulk good sows of all weights sold sections with the smallest in the olls| BiirggRe Ts: ig It Wt Tw Fenelon MR OME RY 0% Ree wo BE HE HE © 51575 tp on Nenieeignts around 30 and utilities. Budd Wiei'is: ¢% Mm Wh ou —t ree yonier pf. . 8 3s AB 50 top on lightweights aroun Chrysler and General Motors each Cy 1 Lambert ....... 13% 13% 3% + Reo. Mot i +13 25 2 iw ‘pounds and under, gained more than a point in the Calumet & i I TH Th + BIDE r Sy Ur: He Ur + 2 Revere Gop bol 82 13 14% = ¥| Supported by light receipts locally automobile section. U. S. Steel |Gan Pacific ... 81 614 812 — 1% |LOEW'S .......n: a 9% 8% I 7 |Reyn Tob B ..W% 42% 42% ... |and encouraging advices from other reached 59% up 1%. Harvester and Caterpillar Tr “ : 50 “ B04 04 — 4 Lorillard ceeeer 10% - 19% 19% .... ‘Richneid oil es 8 ; key markets, the tone of the fat 3 7 > : case were a poifit or more higher. Sent Founiiey : rid 3 i May BH... Fig BY 68% + % 19 — 1, |cattle trade improved here. All Union Pacific rose 2 points to fea- | Cent RR N + 117 + % | Maracaibo Ex . 1% 1% 13% ..” 2% .... {classes ruled generally steady to ture the rails. American Tobacco |Gertain teed. 9% I ''% (Marine Mid «x B13 30 ven 15 1 1 |strong. Both steers and heifers conissues gained more than a point Shes & Ohio 2 8. + Yi|Mead Corp ...o a dic HRI # ae — % tinued to sell. unevenly. A package each in their group. Copper shares | ChicGtW Ry pf 4's + 1s |Minn Moline .. 6% 6% 6% + % 1614 I 12 |lot of prime 1167-pound steers scored _ rose fractionally. SMEs .. = ees OL sae gr TT 0 h * ¥ %|a new recent top of $1250, with Best gains were made by West-|Chi Pneu T ... 14% -eos | Monsanto pf ...113 MI. MR oe 19% I '‘s, | heifers from the same lot averaging ; . Childs ..ves.uvs A Ties . ce. 46% 4 + % 7 | 911 ds at $11. inghouse Electric at 102 up 2; du |ghrysier oo ioe: EA ¥°iy, | Motor’ Prod ... 19% 19% 19% — 3% 18% Tn pounds a Pont ,130% up 2%; International Clete Peib 2% = "44 | Mullins Mg B.. S% 8B [0B ue he La Be Sites in carlots Scaled 1s Business Machines 163 up 2; Johns- | Gotam ‘Gas... 63 a Rh 312 + 7% |pounds at $12.10; most of the steer Manville 93% up. 3; Philip Morris| Col Gas of A LL 84! Loy Ma Ey oo ih un 106 x 4 13% I 7 /|display comprising good 1000 to 123% up 2%, and. Market Street|Zom Sredit ... 48% Bd i Nat §viation 2% 3% 2% + a oR I 4 1100-pound weights which bulked at Railway Prior preferred at 14%. Up Cons Bdison i. 26% + 32 |Nat Daify ..... 13% 1% 1% + 4 2 ton $10 to $1050. Plain and medium 3% points. National Biscuit and |Gontainer ..... 15% Sino Nst Consumo Lite B% hh + 4 54% + 9 |grades of grass steers made $7 to Corn Products made new highs in | Gont Bak A ... 23% + 4 |Nat Pwr & Li. 6% 8h (8% ... 9% I 12/9850. Most heifers of the grain-fed the food section. Crane Co ...... 3% + | Nat Bieloennl Jav. 1812 lew © 0 8 + %|type made $850 fo $0.35, others Crane Vo cv pf.1 3 “=. Vs 13s * hn $5.50 to $8. Domestic Bonds Rise Grown Zeller .. 12% + 5 6% F %| Several lots of god weighty fat * Meanwhile, domestic corporation | Surtiss-Wr .... 5% > 0 J cows reached $6.50 and $6.75. Feedbonds turned upward after a ’ : : ¥ Texas Corp .... 48 45% 46 + %|ing heifers went out at $7.60 and hesitant sta i y Tex Guif Prod. 4% 4% 4% = % 900-pound medium feeding steers start, while U. 8. Govern- seeees 28 as 25 + Y%i Code Tex G Sul ..... 35% 35% 35% i... ment loans moved into new .high Det"%, Hud 1100 32 BR #5 : 4 T&PC&O 11% 11% 11% — %|$8.30. ground for the year. Dist Beng .ooee 19% 18% 33% ¥'w Timk-D Ad... 14° 16° it I if] Vealers ruled weak with good and Gains in the carrier group ranged |3ome Mines... 34 : 3 3h + i : Transamerica Se 0% 10% iw. —- % Shiels $10 t¢” $10.50, with the top ] cress —-— J » i-C venmens (SERRE ald oe Doin hi 8 Bn Diaues wi iE 1u Bu > 5 THUR TES «ever oe Se. Sh % bp choice grades of fat Erie General 4s had top gain, while = : : ; Union Carb .... 81 81 81 +1 (lambs held steady, with others weak N. Y. Central refunding 5s moved Eee Byrd id! 1) 2% 3 1 =.» [National ~ Survey Reveals TR Alrcraty Cp. N% 0% w+ H to lower in an uneven trade. up more than a point. sae ots slr ge . United Corp ... 2 2% 28s .... . S. ao, obligations rose Ex-cell'd erie Sn 37 (fn 5 Optimistic Attitude of United Drug re B% 5% 5% = % Aug. ; 0 - - i F wa wn Fo | . nited Fruit .. 2 62” + fH. 8. 3966 quit, oe PUY RE WES py pen gin a Retailers. ARR RR fr International Telephone 4%s of Fe Wir 101% win X % u : EE, F. 4 1s fo 40% Th 1. are rane anys 8.10 3as6 1939 featured the. utility - group, |: wl NEW YORK, Aug. 17 (U. P)—|0U f.. 87 7 81 4 lg| IT. rit ; 5624 ; ; Gen Cable ..... 12 2 2 3 » AUG. 11 (U, B)=—lg g gieel ...-.. 1 1 rising fractionally to a new 1938)|&% Sitfie ily ily ilu I 3 |Retail merchants throughout the|® S Sie. SLA BB + Th Bees int Gite 7.25@ 8.70 high in active trade. Other utilities (Gen G & E A. % A % — ¥% | country, “almost without exception,” | van Raslte io OT | 3% 01% ees 160-180) Good a 8.00@ 8.80 Gen Mills ss 68 12 “ generally were fractionally higher. Gen Motors 46% 46% 40%. a3 anticipate a substantial pickup in Va-Caro Ch ... 4% 4% 48 coos {180-2000 od $5 3.0 Industrials advanced fractions to@en Er ink ... 9% 9% 9% + % |pusiness during the remainder of. —W— (220-250) Good © 8.830 9.08 more than a point. Gen Thtre Eq’ C14 14 14 FT 1 |the year replies to a national sur- Ward Bak A .. 15% , 18 18% + % | (250-280) Good 8.50@ 8.95 i Gen T &R .... 18% 18% 18% + % vey showed today. Se. 3 bh Mm a 38) yond 150g 3.0 Industrials Lead Curbs Up Gimbel Bros ... 13% 13% 13% .... | west Pa EL A.. 83% 83% 83% — vy | Packin : : Glidden pt ..... 46 48 on wl The poll, conducted by the Na- |west Union .... 27% 27% 21% .... (13-3 $50) "Medium seblnius.s 7.10@ 17.65 At the same time industrial issues | Goo, yp ooo: 33:0 21% 32 © & [tional Retail Dry Goods Association, | West Air Bee’. 24% 24% adi + % | (3857300) @00d -oroevieen £326 6:20 led an extension of early fractional Greyhound Cp - 18% 16% 16% + Y revealed that 98 per cent of the Wheel 8 Steel “ 2, ‘3310 ‘2g (375-350) GOO: =.1rnsnesonnrs 6.00@ 7.10 gains in curb stocks to more than a | Grevhd 5%s p on Lk 1% — %| nation’s department and specialty | White Mot fi 13% 13% + 3 SHE Boa L ohos Se 1% point. Trading was fairly active. |. on "44 44 1 wu, |store heads look for better sales oolvorth 111. con fon 9% IF # x choice. 8150 1.25 Gains in the industrial group [Hud Bay M&S. 20% 20% 20% + 7% |during the fall and a majority ex- {0 —Y- TILE ranged to 1% points in Niles-Be- | Hudson Motor . 8% 8% 8% + % | pect Christmas sales to exceed last Yellow Tr ..... 19% 19% 19% 54 —~Receipts, 937— ment-Pond at 38%. Raymond Con-f =... == = + | Year's volume. Tune 3S. Lh Bu But ou Steers crete advanced 1% to 18% and |M.Gogal iB 1k Hi + %| «Generally, merchants indicated | (500-1100) © ARE Aluminium Limited gained 1 point Inspiration rE 30 Un Bn - 3 optimism in sizing up the outlook 11100-1300) 7% [email protected] to 123. Advances in such issues as nt Hary 1100 S% sla Bgl + ily for fall trade,” the survey said, | Fi 1790-500) S s+ 1050011.50 Aluminum Co. of America, American | ib Nika 101 437s ads 43% I | Many of them reported signs of | (800-1100) G . 87501025 Cyanamid “B.” Carrier Corp., and T&T ...... 8% 8% 8% + % |quickening activity in their home- 100-1300 Son 3.00018.35 | Technicolor ranged to as much as % town industries and stores despite Ali Medium cepvaess ve 1:50 8.75 point. the usual summer lull," | (750-1100) Medium ipiaini... 635@ 17.50 Among utilities, Electric Bond. é& INVESTING CO.’s - Chief. incentive to better retail Me is Share Drsleried advanised L point ; B12 Asked Bia sikh Seley the majorly ele, i was the ; 5 oF 30h Googe Soke 158 9.78 while the common an n as i overnment “pump-priming’” pro- S——— (550-900) Co fi fae 5.75@ 7.00 moved up fractionally. Aviation | Af Fa - 375 ‘335 Key CPE1 13 13.8 5 149¢ | gram. Increased consumer ' and SEI A a shares were active and firm. Lock- |AmBus new 3.34 3.69) ” CFK2 10.62 11.80 | business confidence, bumper crops, Federal Bank Turns to! au weients— MGen Bq 56 64] + CFSs 1413 13.69 i : Good .........0....0h 0. .. 6.25@ 7.00 heed, Bellanca and Brewster Aero |Bnk Ntl In 1.80 .....|"” CFS& 4.80 5.38 | present low inventories, increases in T d P ibiliti : Medium Bind 6 obi Lodi 5.500 6.25 gained small fractions. Bas Ind 33 ipeuMd Fd 248 601 employment and production, the rage rossipiites in Common, [111111 lL 5.009 5:50 Oil shares were inactive and min- | Brd ‘St In 24.27 25.96|Mut .nvFd 11.34 12.40 | bullish stock market sentiment, South. A 3 Suter a Be BIS canes os , ing stocks easy. gun Fd, 14.25 15.25/Nat Wd sec 3.20. 3.39 | present low prices, and . improved outn. America. ; | veart tings Brolud 8 = Inv 3.45 3.75|Ntl Inv 51 5.37 | employer-employee- relationships (All weights Coca beets .. 8.50@ 7.25 Contl Shrs 6.75 7.25\N Eng Fd' 12.74 13.70 (All weights) Medium ...... 5.75@ 6.75 Crp Tr Sh 2.28 2.23N.’ ¥ Inc: were other factors pointed out as |... o Cutter and common... ...: &£75@ 5.78 - hart . a Le : pecial . Bon S now BE 10 IB Lh oS Do |SPurs 10 Increased sales this all, MIAMI, Fla., Aug. 17.—A program | (an weights) Chote [email protected] in 68 .....| A ] : » Fla., . Ll—. weights) Choice ....... ; J "BOND PRICE INDEXES cum e438.) Bld Sup 10 4d Bank Credit Is Aid to help American manufacturers sell | (Al Al weights) 3 Som $30gu (Copyright, 1038, Standard. Statistics Co.) OVC 360 ion Is ™ 3 1 2 Merchants so mentioned Jo more goods in the face of com- cul SEO osnn. 5.00@ 8.00 : R . . ac -83 | greater liberalization of bank cre Seti i r-| Yesterday o.:. pe Bails: oko Poo | Bin Hon 1dr hd Hatels 3% 837! gains in freight traffic, advances in | PC ion from Great Britain, Ge ~Recelpts, $1 Week AZO ..... 86.0 60,7 ° 98.3 aa Equity tr 21. 1 30.75! RR Eqt 68 17.56 | steel producti ildin ; in | many, France, Italy and Japan in (250-400) Choice vedi oy 8.00@ 9.00 Month Ago ... 8£8 591 9%1 80.3 | Fide 1884 20.15 tecl 43 so4 |Steel production, bu g gains the South American market was ood . dai 7.00@ 8.00 Year Ago ....-. 2.1 91.5 10LY 95.1 Fiscal” AmTr *53 2.17 ..... [many sections of the country and u Medium robes ts 6.00@ 7.00 Two Years Ago 91.1 94.3 106.0 97.1 Stk" na “iss "1955 2.62 ..... | the pickup in the 00ds rket outlined today by Warren Lee Pier- Common ......... 5.00@ 6.00 1938 High ..... 865 70.0 985 82.8 Fixed TrA +.» 108¢ 2.57 ..... | lhe pickup raw g ma son, president of the Federal- - Feeder and Stocker Cattle 1938 Low ...... He LB EL ima AEs 128 . sty wigo8 227 .....1as alds to improved business in the =p Export-Import: Bank his | Steers— 1937 Low... 300 1698 928 sil |Fnd Invi 18.88 +5 gr Tne 10.85 11:64 |Tetail field. hi po es enn Bd seeece. 8.00@ 9.25 1936 High ..... 948 100.4 1062 1002 | * Tr A 8 .50 Tr 9.66 10.16 | Individual estimates as to the 4 . (800-1050) Choice . 8.00@ 9.00 1936 Low 90.0 84.7 1035 93.3 i3 elAm In 9.23 10.06 He said that Maimi’s location as a | (500-800) Good 1. 8.25 cecess 90. . Gen Can 30. 11 35°70 Sel The 409 ..... | probable course of retail sales in gateway point between the Latin Boo-toso G cod 00 8.25 U. 8. GOVERNMENT BONDS Gentny Tr 418 18 Shen Prk 15.13 1603 | their communities during the fall | 70 Coo Bou Toe the United | (550 80) Good and ‘choice’: 7.00@ 8:00 Treasury Bonds : + [Group Securities: - |StdAm Tr 3.05 3.55 | showed wide variation. More mer- i” Common .... «... 6.000 17.00 igh Low lLast| Z8t% 1.09 119|Std Util 45 49 | chants h “anticipate ¢ | States “will prove very valuable, and | Heifers— 314s 1946-44 1ouER 108736. 10038 | Auto 96 105i stinv . 75.00 76.50 | CPants, however, “anticipated that |. "5 4’ for ion of trade (650-750) Good and choics.. 17.00@ 8.00 3038 1955.49 [.liIillld02ln Toxin 1021 | Aviation 11s 1265p Crp A 313 ..... | sales would either break even or in- | t3% HOP expansion g Common, medium’ 6.008 7.00 3s 1955-51 .. 26 | Bae 19 Lit. 331 .-.-- | crease this fall as compared with [With South America should make Sheep and Lambs 27%s 1960-55 » Chem 1.36 BIB «wu. Miami rtant port of call f 2%s 1963-58 +. enone Inv Shrs 78 asl» » 5.75 . September, October and November | Yami an important port of call ior —Receipts, 1391— Home Owners’ Loan Bonds ny 1% Lis 48 3:13 :-+:+ | of 1937, than looked for decreases,” | ShiPs plying between the North and Skee Lambs— 2.0 2%s 1084-47 ......... 104.4 ~ 104.4 1044 | Petro 1.09% 1.19/Sprvsd 9.77 10.62 | the survey reported. ‘| South.” piece : : Eqt 76 .84|Trst StInveC 2.49 y p “Th le Miami al a In] aOR arr seseesindinionnes s 8.25 BORN High > Low Last | Huron Cp ta ae on Pa Fore | Aumont (he few yefchallis Malle the Latin a ay Jay is i “el Be 613 ron wa 4 ee : “a 3 Il eccceccovosncs esse . . frocnt 42 7 gee oon gl, Bf, ne Tod wis aes 2 OLB 3m 1 | Pe tore were man, | indicated by customs figures which | FT oy oy 0a 2.00 sss & 1. 5 hv! = . o! Australia 5s 55 .......105%2 105% 108% | Ban BI 038 on 75 USEIL&PA 13. 12 13.60 tioned t f tl in show ' that gross cargo tonnage Good an and odin ves. 1.00@ 1.75 Brazil Cen R 7s 5% ... 12% . 13% . 12% | mv oned most frequently as hindering : A . Inv Fd C :10. 1.29 ’ L&PB 1.13 3 1 d th h this rt h in ; Cana AY hare 933 1037 103% | Key CFBI 25:63 28.04) » + Lap 8 “93 |an upturn: The disturbing effects | Clared throug port nas in-| pApAYETTE. Aug. 17 (U. P.) Hog Ciba digs 71 SII BT> Sy Bes | CFBZ 3LTL 2380Well Fd 1297 1433 | of coming elections, high taxes, low | Creased six times in the last five (Market, steal 10° h gy sos. 00; 280° Renmark as 2 ie 29% “20% N prices for farm products, and the | Years,” he said. 0 48.2575 60: Si0-335 Ibs., $8100 Tokyo Sis Bon 85 36° 16 | I OREIG EXCHANGE Stile of Washington toward “big | Seeks Latin American Trade | Caives ifs, S750 i ie | hd down. DOMESTIC BONDS usiness.” FT. WA Aug. 17 (U. P.).—Ho s— igh Low Last| NEW YORK, Aug. 17 (U. P.).—Foreign "The bank, which for several years | Market, steady; ia Ibs., $8.85: Am TT 3s 61 ....... 104% 104 104 exchange steady. Following are noon cable New England Hopeful has concentrated its efforts on [fac Ibs. $8.75. 1 Bop bs Sc. $8, Lassie B& as 60 CV «oe. 16 15% 15% rates on major Surtenciess . Net : stimulating trade with E $8.45: 280-300 lbs.. $8.15: 200-325 lbs.. $7.90: Beh 812% a3. 60:13 190% 150% |. lo Rates Change | ON the whole, New England mer- | S10 atl g e i UrOpean 325-350 Ths. $7.70: 140.160 Ibe. $760: 130: Certn-td 51s 48 ...... 3% 13% 13% Englang {bounty SA “eee chants appeared most hopeful of the nations, is ow urning its attent; ion 140 Jos.. 87.10; 100-120 lbs. CALE: roughs, rp Ws ih 73 2372 | France (franc) .... .0273 sales showing this fall, with an|Y creasing vigor to ‘Latin Own. Supp lambs, 36 down ls Ce py le 1. 1 Lialy ira) ovis 0526%4 oes average expectation of a 2 per cent American trade possibilities, Mr. Prec fol B50 0% ‘8% Sau Germany (mark) (1 4011 ~~ —f00i |increase for the next three ‘months. Pierson Sad. One Of iis econ) LOCAL PRODUCE Kresge 25 ows 2 8 9" | Swiizeriand (rant) 3393 1:%000% [In the Middle Atlantic States, Mid- s,s AS 000.000 i of TRL en fy Tens You ‘Ark Ry 5s 89. 3 Holland (guilder) .. 5465 +0002 = [dle West and South, retailers gener- 2 WU iiety iT Ibs. and over, 13¢; Barred and White Rock N ¥ Gen 20130 eeuiis 54% 2d Shu Sweden (krona) ... 18 +.0000%2 | oq dicated th the Haitian Government, the pro- |springers, 11; lbs. and over, 13c; ace Norway (krone) 454 -+.0000% y indica ey expected sales i Y Cen cn 4s 98 65 64% i ceeds of which will be used to pur- soringers, 1%. lbs. and up, 11c; Leghorn Penn R R 4%s D0... 83 83 8 Denmark (krone) . 2130 +.0000%z | to progress gradually, with figures broilers, 1% lbs. and over, 10c; bareback Benn RR is DSL od 91% ets a averaging losses for the three | Chase American-made bull Sup | brofiers. S57 old roosters, Bo. Rem A Rous 58 0111 0d i018 id DAILY PRICE INDEX |months of from 1 to 3 per cent Pigs ln the Haitian public works us. Fach, furl ho mi 5 Toe an Oil N° a a Te Wi of & £4 i i042 | NEW YORK, Aug. 17 (U. P..—| “FFors Wi 108T. ¢ the | Despite the comparative nearness | cose under 8 lbs. wil be mage. | shal price index of 30 basic commodities, | Plies feported definite signs- of (0° 2° DSC States Io fhe, Soul 8% pRuear Ro, fi ee He compiled by United Press (1930-32 | creased business activity in their |} "roo" vores lied onl ————_—_—————— Curb Stock. $ oe 100} communities, particularly in east- | 2%: | e yours as supp wy dey 102.09 | &R manufacturing districts, Mid- about one-third of the aggregate 3 Am AITHRES ....eeeevees 14% 14% 14% | Month BID oon aan 105.95 | Mining sections and Southern tex- ) partm - OFFICIAL HER aria. rises 231 sesssvesdeneseres h of Commerce statistics. Am 8ep'cp. cesses eesssse it it ih Year Ago cscs esscen e0sececee 139.45 tg area, Wation of improved re- In 1936, the latest year for which a 0. 8 Weather Be AE NCE A By, 3s 3 1938 High (Jan. 10) ......... 117.08 tailing, the merchants sounded a |flgures are available, America sup- —Aug. 17, 135 wl State of Asso G&ZE A 15-16 15-16 -15-16 | 1938 Low (June 2) 102.43 Atals Corp, Wts...s 5 : 1% 1Ys 1% , . r——— - warning against any rapid boosts in plied 31 per cent of the imports of FR Bend . 2 B a tain ast Bath Ir Wks .. 6 1 prices which would nullify benefi- | these 20 nations, Germany 155; re 65 08 Cloudy Bm $2 $»| , FOOD PRICES cial effects to business of increasing | Great Britain, 134; France, 33; Fi “ : 8 §1 11 Cloudy Brewster Acro 5% 5% ; urchasin : Japan, 2.9, and Italy 24. M EE: 87 64 03 Cloudy Carrier Corp 23% 23% LCHIoAGe. Aus bushel, , 3 sie: “Best p With Bie nerally a ue fa: “City IS Bu Cent St Elec Ya Ya %a | potatoes—Tennessee, . bushel hampers, ge! y pursu- Cam bride City 88 13... Cloudy Cities Serv ...... Dah Ce a @8$1. Carrots—Illinois, bunch, % 1c. ing a cautious buying program; in LOCAL ISSUES Co ..... 88 78 0 Cloudy Cities Serv pf . cons 39%2 39% | Spinach—Michigan, bushel, 90c@$1.1 Las th i essen 86 15. T Cloudy Colon Dev Ltd. ..eeseses 2% 2% 3% | matdes—Michigan, '12-gt. baskeps, aasse. no case was there evidence that re- | aqme following quotations do mot repre. Paoli ......... 8 75 .01 Raining 1 O&G . Ya | Caulifiower—Colorado, Srates, [email protected]. | tailers were b ah inst | sent actual bids or offerings, but m rely Ft. Wayne ..... 84 68 Cloudy 0 | Peas—Colorado, ham [email protected]¢ uying head against indicate the approximate market "evel Terre Haute .. 86 70 Cloud Celery—Michigan, ignball ‘crates, “25@4o0c. | any posible price increases. | based ‘on buying and selling inquiries of | Evansville .... 8 6. Cloudy nsact —————————————————— Stocks Bid | Ask PREDICTS APPLE CROP DIP E T asi Belt RR & Stk Yds com ..... a4 52 BOSTON, Aug. 17 (U.P.).—A New xport Balance Takes Upturn |B BEBE nf 5. | 20STON due 11 OF) = Now : Home TeldTe] Ft.Wayne 1%ptd 52 3 000 bushels: was forecast today by : Ind & Mich Elec 1% pfd’ flee ..., | the New England Crop Reporting TREND OF OUR FOREIGN TRADE IS UPWARD ind HS dro Hico 3% Die vviee -101% 10¢ |Service on the basis of Aug. 1 Cry w | BERET, ote Fon ve S56hm v ™. ad v v v v . 0 secs ess an e est. Indpl Sod 1. AVERAGE OF FIRST SIX onus EACH YEAR : Indpls Water "Go 8% 8 i a 109% 2 |New England potato (mostly Maine) 4001—1 } ; ; : 400 Ell | Le a ary on eco Oma. 85 8s 2 | prospects declined about 6 per cent 3 ~~ NC (U. S. DEPT. OF COMMERCE) £ N Ind Pub Sve Co eid id: Sane: 10% 11 during July as compared with June. | a « 1 ‘i a 7 - 1 i ——————————— 1 18° Nr x 3002}| |Erosress Laundry +32 1°| JEWELRY DEMAND BETTER 8 Neeonrs A] Log |[BESERAN 8, B | New vone du i ©. Po 45 SN | A TE] or EE a i, I all 2. IMPORTS” ~~» 2 op” ; bo Milk tases yegr were a per ¢ 2 100 l —= ; : 100 3 is Camp Milk & com oi... 10% 112 | velow the 8 first six months of 1937, | Chi St, ks a : bo Salis i aes 108 er Te I a hale = cago oC. OI" 3 3 Wiz B33 Wk 035 93% 037 9 We F 5% 55 ©...108 108 | view pb ou o Bradstreet, Inc. DeHirh Low THE PARKER CORR GENERAL DISTRIBUTORS INCORPORATED INVESTORS d Assoc x] Co 4 65 +. 108% 107 mand Yell oft less than for most Atiasco Mignon. hm RR GUL URES manufactured products last fall. %u 2 Times Special : : 4 Wat Co Hor [68 en 108% 106% — oh BOSTON, Mass., 0g ba Eotigary to the trend of general business,’ ; ges, 3% ho 5 04 13% exports actually inesesses in the first half of this year compared iE J Co, Tl 1 the same mon In fact, exports were the largest for any first | 6 Ye

Maramell Field. id West Co: Mid un Bt ol Fo0dnc0ens

Stan Dredging: eseacsen. 2 Trane Co .i...coasvees: Zenith

oo senses inl “

ISSUES REGISTER]

~NEW YORK STOCKS

CLP

By United. Press

| first half year: export balance £ largest, import: group. - sn =

‘2 | half year since 1930. Finished manufacturers accounted for ‘about 24% | 50. per cent of the total. Maintained export business has: ‘siderable part in giving many a factory worker a job,

ed 8 con- § 3s reported.

Meanwhile imports fell off ol of Meaviy, turning this year into the biggest

x Ta, a idk

+. seseee

tat. ‘Crude materials const ou Fi

n Porkers ’

[ixed As. 59, 05. Peak

TT Wl

“AS CORN EASES

Firm Tone; Oats Are Unsteady in Pit. )

CHICAGO, Wheat pirces maintained a strong tone on the Chicago Board of Trade today aided by firmness in outside markets. - At the end of the first hour: of trading ‘wheat was up % to 7% cent, corn was off 3% to % cent, and oats were unc d to 2 cent higher. The early fractional advance in wheat encountered scattered offerings, but renewed buying encouraged by. ‘the rise at Winipeg kept the tone Arm. - Early strength in the stock market. and the higher tendencies of other domestic markets were constructive factors on the buying side. Liverpool closed only % to % cent

gains in North American markets, but advances ranging up to 1 cent were registered at Minneapolis ‘and Winnipeg today. Export business was reported to be small in U. S. grains today. Receipts of wheat in Chicago were estimated at 42 cars, of -corn 107 cars. Corn prices remained easier on selling by cash and elevator 4interests. Purchases to arrive overnight and today totaled, led 100; 000 bushels.

Se | plonship fight between Lou Ambers Renewed Buying Effects fron

i Se

Aug, 17 @. P)—}|"

TONIGHT be played by Paul Whiteman's ore chestra (CBS-WFEM, 6:30 p. m.).

1 7:00 48 Te Hani, WIRE WIRE honors. with her will bs 8:00 Lishtwolsnt Fight, WENR, Bobby Hackett, yun peter, who wil} 8:00—Symphonic Strings prese ‘his ban Th = 25 8 51 on M ab 5 4

Representatives from five New York newspapers will compete in

The lightweight boxing cham

Henry » postponed Max Eastman’s “Word Game” over from last ‘week, will be broadcast | ~ns.\WHAS - tonight at 8 p. broadcast | GSS WHAS at 8 p. m. The com

petitors include Leland Stowe of the Herald-Tribune, Florence Wessells of the Journal-American, Ed Zeltner - of the Mirror, Miss Cliff Truman of the Daily News and a newspaperman yet to be chosen. | * 8 =» 3

A banquet for the 1937 Na

(870 kilocycles). Clem McCarthy will describe the action with Bill Stern providing between-round color. bl 2 ss = : Tommy Dorsey, who has been ill for nine days, returns to NBC-

higher, failing to reflect yesterday's.

WIRE tonight at 6:30.

“Actor's ‘Blood, » Ben Hecht’s satire of the show business, will be ‘dramatized by the WPA Federal “Greatest

Theater during their

Professional Football Cha pie W Washington Redskins, escribed over MBS at 8 p. m. 8 2 - : Tomorrow President Franklin

Story” se er MBS tonight at| Roosevelt is to be heard at 9 a. 8 o'clock. : : < over the combined NBC, CBS and : 8 ® = MBS facilities speaking from €ane Barry - Wood, baritone, will be| ada where he will receive an hone

the guest of the “Blue Velvet Music” Aes ‘over CBS-WHAS at 7:30 Mark Warnow is to conduct Pn orchestra in his original “swing Pugues” and “Little Symphonies,” and a special arrangement of Ray-

mond Scott's “Powerhouse.”

& 8 8

After eight weeks’ absence “Gang Busters” return at a new hour So.

night over CBS-WFBM at 6 p.

tario,

Mackenzie King

orary degree at Queens University, He will also be heard at 12:45 p. over the same networks when he dedicates the Thousand Islands Ine ternational Bridge at Ivy Lea, OnOther dignitaries who are to speak include Lord Tweedsmuir, Governor-General of Canada; Lady Tweedsmuir, Prime Minister W. L.

of the Dominion,

and Governor Herbert H. Lehman

with a dramatization of the life of New York. of Lawrence Rea, bandit and killer. 8 8 = #8 Bill Stern will give summaries of

“Cafe Society.” by Belle Fehna. series of compositions ois by women to

stock, is the third in

tomorrow’s play

THIS EVENING

(The Indianapolis Times 1s not responsible for tnaceuracles in program ale Wouncemeats caused by station changes after press time.)

in the Interzone

Davis Cup Tennis Matches at 4:45 p. m. over NBC-WIRE. 8. 8

LOCAL L GR AIN NAPOLIS INDIANAPOLIS CINCINNATI RICA rk, Strong receipts, four PE Lo (NBO-MBS) (NBC-MBS) (MBS Net.) oaas; 0, 3 h 4. - Battie, No. { hard, seasons: No. 4| 499 Yo News Flash ER See Forncaws OF C. . . ert .| 4:30 Tea Tu Wirges' aul Dougla oom Market, piles Jeceipts. 36° car Sh Ye, duns Nola Day well Thoma Oss unle vA _ No.3" yell Gacrinvas: No.3 i aig 5:00 gasner Jigsion asy Aces Don Winslow Dinner Muslo 46%c; “No. 4 - yellow, 42% @45%c; to, 5:15: | nannounced Sports onoert Tr mixed. 44% @46c: No. 3 mixed, 43%@dsc; | $f} ROBEY... Basonology Paul Salven Tho Dubs . Oats—M ket, t; ceipts, 17 car- ’ loads: Tl 4 Sirons;, secelpts, No.3 oh Gang Busters Man's Family Man's Family Heidelberg Or. a 4C. 3 > : 6: Collins’ Or. T. Dorsey's Or. T. Dorsey’s Or. Lone Ranger WAGON WHEAT 6:45 News Wiame ” 3 ve et HB Son ely Merits 3:00 Meet Champ Game Hunt Game Hunt Crogby’s_Or. : ash corn 0. 2 vellow, 48c.. Oats, 7:30 Pi - Men" Men's. Progr i's Or. LIVERPDO aT 45 Question [arks Me's Prosram Bs poe a Trib. L WHE : - - (U. 8. equivalents .based on Sale 38 - World Game Kyger’s Or. Kyser's Or. . Svmpoh. Strings at $4.87%) 8:30 Can, Be Pone » " » » , Melodies : ow Close a 2 Octobar os « hd ne s Lo $.7 aan 2 ‘ Gi > » » December 733; 3:00 Sorts v . Amos-Andy Amos-Andy March ...... He na 2% Tal 9:1 sie’s Or. ews Steeplechase Dorseys or. aa —————————— mec | 9:30 Whiteman’s or. Baseball Fie oji's Q U.S. STATEMENT ce oes EI por | » ” ’ '. (NASEINSTON, Aur, 11 (0, 2 cer. | IAD KZ on ree | OEE RE. current foal x OW = 15 com- | 10:48 Gray or. : Jesters Or. 02 es’ or, ussell’s Or. ar BIS Yen ast; oe . Bones oul iR ee wf | 11 Molwe.0n Dap or pra 8S .. y ’ . y y . 3 o P 'e : Lg 9 Gross Def, 482.135.143.60 316.7133 723.43 | 11:38 ‘Gendrons Or Haug’s Or. Bernie's, Or. Eagle O Net 481,997,743. 316,692,673.42 Cash Bal. 2,232.442090.78 2,822,326 037.58 Buk Sil dente Lnigin THURSDAY PROGRAMS Gold Res. 13,044.913,568.75 13,518.024,485.10 | Customs .. 37,154,111,04 60,792,698.97 INDIANAPOLIS INDIANA 18 WEw ee ase BIS APOTIS CLEARING House ~ (CBS Net.) (NBC-MBS) . (NBC-MB MBS Cees Lier ss seset tina : ti M A BIE 5 tre 6.337.000 { 8:30 Eatly Birds Devotions DIEan uste Box : : “ » wo» M k Good Morning LAWRENCE CHURCH IR Tee » oa Peter Grant. I Ee WILL SPONSOR FAIR JE. =F =i = Siti, Seo Bh Ira oye | Bose owas : 3 3 : i The Lawrence Methodist Church | §:j0 Melodies Plait shi L Wilte Pain Hems Vanetim . will hold its annual fish-fry and = = Goldber ot Thin lawn fair Friday and Saturday| 9:39 apron 8 a xs FE Summer Sine hildren 9: ade ee the Lawrence High School 2a Be Sister nda's Road of Life Painted 3 Dicoms Mrs. Walter Barbour, general ar- | 10:00 Tempos Kampus Kids Editor’s Daughter Manhattan Mother : n Pedro ringements. chairman, i544 be as- | 10:3 Mite Farrell” Geotte Griffin] | Ne ether Guin Ryan sisted by Mrs. Edward’ ‘Greene, co- | 10:45." v. Cadets Farm-Home . Musio Box’ Shafi n; Me Andy Garrison, 11:00 - Women's Councll Singing Sam an Melodies, rs. Homer Cox, Charles Garrison | 1: emians 3 2 2 % 3 1 F Hi ur Livestocks Services and Robert Newton. Music will be | 11:15. Fore Buresa sim he _ Reveries Fn. provided both evenings and games | Love Harold Turner will be played. There wil be arch- | 158 ‘News IE Grlmm's Dunenter As You Like Ti ery and pony rides’ i he chikizen. 8:30 Pres Roos evelt Hymn Kitty Keno. Pres. - Roosevelt LARA 1 1:00 RR WIRE Revorter | Mary Marlin "i » ELECTRICITY TPUT | 1 © YE wigs WEY eadlines Ma Perkins od : 15. om » “Ha oye Gate en Leadoft Man HIGHEST-SINCE JAN, 8 3:8 Remember? Backstize Wite Harding's Wife Baseball | 2:30 Wilson Angel . Marimbz Time Jans reser "2 NEW YORK, Aug. 17 (U. P)—| 348 Men-Books Polite Court atlertola’s — Electricity production in the week | 7. a Hatt » » ended Aug. 13 Tose to the highest| 318 0 os oo Nature Study Sineing School x 1 ug g 3:30 Let’s Pretend Master Singers Singing Lady ”» » level since Jan. 8 on the fifth con-| 3:15. - : Piano Duo Pistol Matches . » secutive weekly advance, the report | . 7 of the Edison Electric Institute in Rene Flas Kowa ov Hepor Shmans Bihar. . el showed today. 338 Tea, Tunes ~ Rint m Soh 0 | DanaPTioat, Oranan Annis

Production "in the latest week

hours compared with 2;115,847,000 in the preceding week, and 2,300,547, 000 in the corresponding 1937 week.

the corresponding period a year ago, while in the preceding week the decline was 6.4 per cent.

RETAIL TRADE DIPS 4 TO 12 PER CENT

NEW YORK, Aug. 17 (U. P)— Extreme .heat.and uncertainty over crop yalues slowed the tempo of retail trade this’ week and widened the lag from the 1937 period, Dun

weekly trade review today. - With volume dropping below the ‘previous’ week, the ‘decline’ from

| the corresponding period last year

was extended to 4 to 12 per cent,

CORNS CITED IN SUICIDE LONDON, Aug. 17 (U. P.).—A be[ief that a bargee whose body was recovered. from a. canal near Warwick was driven to suicide by bad corns on his feet was expressed by |

the local coroner at the inquest. “If

g he had fo do a lot of walking, he

might very well have thought the game was not worth the candle, » the coroner said.

: SEAT SELLS FOR $80,000 NEW YORK, Aug. 17 (U. P)— Arrangements were made today for the sale of a Stock Exchange membership at $80,000, a decline of $5000 from the last previous sale made on July 13. The latter was the highest of the year. Tae low was made on

; June 15 at $51,000.

amounted to. 2,133,641,000 ‘kilowatt:

Total for the latest week repres— | sented a decline of 7.3 per cent from

& DBradstreét, Inc., reported In ts 2

+ KEY NETWORK STATIONS (Subject to change): NBC-BLUE—WJZ, 760; WOWO, 1160; WENR-WLS, 870; KWK, 1350. NBC-RED—WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670. CBS—WABC, 860; WIR, 750; WHAS, 820; KMOX, 1090; WBBM, 1776. MUTUAL—-WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM, 850,

CROSSWORD PUZZLE

HORIZONTAL Answer to Previous Puzzle

18 To concur. °

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