Indianapolis Times, Indianapolis, Marion County, 2 September 1938 — Page 27

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' i RAILS TAKE RISE | : 1923,1036=0 | 3 Sh 4 CHE : yt AS ISSUES FIRM; [—T— FRACTIONALLY; | Gain Quarter; || NKE)- . 5 ' 25 Vv ¥ R Hes i . 2s Py : : Most hogs weighing more than ii : : : : 3 . Eye | 160 pounds advanced 25 cents here ; ; Chrysler Advances 2 Points | |__ : so, Fine Grain Values Lifted by | today as receipts of avout 7000 | European War Scare Effects ol 1934 1935 1936 1937 1938 13 y . c m A ol Under Renewed Demand; | "° '%' "2 3% ull, culverts Bureau of Businens meviaren | Scattered Buying; Crop | 9PPec OF EEE Be Seportes, | ‘Are Secondary, Federal Utilities Steady. - Estimates Made. Lighter hogs were steady. Reserve Bank Reports. N. Y. S . [ 0 ( K S — At the ovening a Quarter advance | : . : : on weights above unds sen NEW YORK, Sept. 2 (U. P)— he CHICAGO, Sept. 2 (U. P.).—|the top on 220 to Z30-Dounders to | NEW YORK, Sept. 2 @. P)— Jeocks Drow today after an irregu- SW Tomes oon RAGES Wheat prices developed a firm tone | $9.15, but 15 cents was lost in later |The steady increase in America’s i . . on buying by scattered interests oi in hava favorable trade balance - since the Czechoslovak issues jumped as High Low Last Change 30 INDUSTRIALS after early losses on the Chica 50 | Most - of the hogs above 160 t much as 4% points on the bcd |apiea chem ...176 176 176 + 1 | Yesterday ..... .....ccoe.. 138.36 —0.91 : es 80 | pounds, however, cleared at the [Spring of last year has; played an market, where other issues made an | Allied a 104 104s 10% LL... Week Ago ....iiieniiierne 142.94 —1.13 | Board of Trade today. early 25-cent advance. Good SOWs | even. more important part. than Euirregular advance. Aman. (01° 91° §0 19 | Month Age ................. 14447 +2.34| At the end of the fist hour of | moved from $6.50 to $7.50, With a | ones war scares in boosting this Railroad shares rallied under lead | Am Chain &C.180% 18% 1% ov |YearAge .................. 11217 +138 t,0ding wheat was up % to % cent, | $7:79. top on lightweight. . of Union Pacific, which gained a |AM Metal .... 3% 34a 342 ..... | High, 1098, 145.67; low. 98.95. [Excluding receipts of stockers, the [COUDtry’s gold stocks to the highest point. Santa Fe, Southern Pacific |Am Smelt ..... 47% 47% 47% — Yu| High, 1937, 194.40; low, 113.64. corn was off % to % cent, and oats supply of cattle offered no test of | level in history, according to . the and » N. Y. Central made fractional An Et 14332 14342 143 =i x Totes 20 RAILROADS ats ace] OEE Vnaned to. % cent higher. | values. However, the demand for ‘monthly review issued today by the Ol -_ BY ea Meranda 26.6: Le : ; jeains. d'was ferewed 7or OBIVUler. Am Tob ga 8% ia 83% + W|Week Age .................. 29.31 —0.50 oer Hogi ,isrican markets ows: of sll gages ¥ Doticeably Federal Reserve Bank of New York. ‘which reached 73%, up 2. Rubber [Anaconda .... . 33% 33% 33% + % | Month Ago ................. mas 111s) 280 Ta El A OD and ices weakened after closing weak The bank reported that gold imshares and automobile equipments As Bry ¢ Gds i pi 3 Bis 8 a A mi a Toe B31, 20s fhe rise i § was evident on | I or late yesterday. ports and releases from earmark : IB ..... 54 Je — 1 s s 00 3 s 00. : y eas Bins up 1% at 58% i —B— * ‘| High, 1937, 64.46: low, 28.91, Private crop experts placed the a Vealers jens dried unchanged aster during August totaled ‘about 100 Bonar was Up 11 2. | Batt & Olio % Th ho+ oh 15 UTILITIES spring wheat crop at 253 million E millions and pointed out that the % to 57%. Ana-|gBalt & O pt 8a 8% 8a — ig| Yesterday ..... ........ .... 19.25 —0.68| pushels which was in line with trad boosted a handful of selects to $11. conda rose nearly a point. Utilities | Barnsdail nn, Ho 1, = 75 Week A 2012 —0.13 ade | The practical top rested at $10.50, | total increase in gold stocks of the and oils were steady. ondiz hm 8% 03 Hn + Biyen Fe 20.80 +0.32 SU Emient wheat bulk good and choice $10 to $10.10, | country, including newly. mined supBonds Irregularly Up oing Air ©... We 2h Wh + Yo Year Ago .................. Pade aml, OR ed 0 Ie Eo Yard dealers sold good stock heif- | Plies, was the largest for any month Meanwhile, domestic corporation |Briges & Sirai 38% 38% 38% + % | High, 1938, 20.55; low. 15.14. Pl ait vol ar reaopnnd | er calves at $8.50, while country [Since September, 1937. bonds worked irregularly higher in |Bucyrus-Erie .. 11° 11 11’ — %| High, 1987, 37.54; low, 19.65. bushels with sales so far reaching |p,vers took a load of good steer | Discussing the factors behind the quiet trading. dd Wheel... 4% 4% 4 Li ; Net 1425000 bushels. Dm Jug calves out of first hands at $9. present mass gold movement witich Rails and utilities paced the ad- aw....., 32 a High Low Last Change =| Steady prices for fat lambs again [has carried America’s holdings —C— McK coo 19% 19% 19% ..... | ported. : : 3 rune tentune, sang around » pot |S Ag ie pte ype + x MEMES nn 0 8% Zu) scatiered tguidation kept com | oF Ghcce: offerings, Bulk or the on record. the bank stated that this each in the first hour. Manila Rail- | Ch &wNw Ry i % % . Mont Ward .... 46% 46 46% + ¥ | Dbrices independently easy. The aver- | good and choice kinds ranged from | expansion resulted almost entirely way Southern Lines 4s of 1959 were | Childs ...... ol. 8% 1 i Zy we =e oo. age Dlvaie Srp estimate of 2,458.- | $8 to $8.50. from the heavy inflow of foreign 2 3, de 1; 4 “eas bp Bo Points 8p 50. Cains In he Chrysler, Bel 01% 0% © 1 Nat ment ats 20% un 1% despite Jag re SS Tarkeivise iu ~~ ow capital to this country. y group mostly were {ractional | Climax Moly Co 35 5 39... [Nat Cash Reg .26 26 26 ..... ; ; BE na san og7a | Until the spring of 1937 merchanbut the list met good support and | Col Pictures vie 14% 14% 14% + Js |Nat Dairy ..... 13% 13% 13% + Ys | bushels from one month ago. Com Credit ... 49 49 49 — 1,| Nat Gypsum ... 14 3 1 f9 217. 8.65 2500 | dise imports and exports had been | maintained a strong undertone. Com Inv Tr ... 53 53 53 + Yi |Nat Pwr&Lt ... 6% 6% 6% - is| Export interest in U. S. corn was | 29. 8.85 1953 roughly in balance, the review said Industrials were quiet and nar- |Com Solvents . 16 . 10 10 ‘ + % |N Y Central ... 17% 17% 17% — % | reported to be improved. A ::: 380 846s | si 8 y > ports rowly irregular Comwith & Bo le nw one = ff |NoAmenai il Wl Wi yy] Receipts of corn in Chicagd today [Sept TMU Since that time, however, imports : Com -Airefs 3’® 13 13° -— in No Am Avn ... 9% 9% a + ‘a 1. : Re ERE RRS .8.95 8880 of this type have been curtailed U. S. Government funds met scat- 1 /2 —P were estimated at 220 cars, of wheat tered 1lin t th tset d om Ed rts WI 15-64 15- 84 15-64 —1-64 » BL srcsernevave ese enases 15 ; 6602 drastically while seasonal shipments dipped 1-32 to 4-32 point. CIE: Edison pt 381s bis 961 ¥ | Bac GaEl oC. am 2 i 2 ears Be 0 Geil "and choice..$ 7.50@ 8.85 | Of cotton, grain and other commodi- _ Crechoslovakia Government 8s of | Eons Go Ba GR gh Top dct Sw % 7.2 CHIC AGO GRAIN (130-300) Good and chores: B13G 308 fies 12st awstmin swelled ihe €xpor: 1952 were an. active feature in a | Cons Oil 5 pt 16 1083-18 108 3:18 +1-16 Panhandle ..... ae 1a 14 + % (200-220) Good an dchoice.. 8.83@ 9.13 volume to the highest level in sevfirm foreign section, advancing 4% | gont BabA pif Gif 3100 SRE J ) cmosco, set 3,0, Ponte | EER) G0 0 Gis EH BAR eral year points-to 85 in early dealings. ont Bak B si Ni vous Pathe Film 9%, 9% 935 i... Dt., regulary ayer wa (290-350) Good and choice.. 8.00@ 8.50 Bh rts E ceed Tin ris Curb Stocks Waver Cont Tas .o.ir 33% 392 37 Tu Dadime Mines oy NT on Dec. 8411084 %c, “unchanied "to ult Pe i550, Med! 7.208 790] Lo . by At the same time curb stocks |SonS Off Del .- 29% 29% 3 =~ Penn RE... a. BL BL CLC fay. wy. he 86%c, off Yee C10 dnchanged: (215-550) Medium .......... ihe 7.90 “By last October” the bank demaintained early irregularity in |Crown Cork .... 34" 34 + Ya | phoieeT odg SE ap JB — a ea “lec: May, S1%@51%c, vp (Sad: 38) Sood an 8.200 735 | clared, “the excess of exports over mid-session trading. Losses for the |Srucible St ....33 33 5 . 22+, | Plymouth Oil .. 22% 22% 23% .... || ite: ‘Menchanged. Oats—Sept, slaughter Pigs— most. part were fractional but scat- ae. 5 3% pa % Pe Ya” a sw ry 801ke, off fae: Dec. Son esto (100-140) Good. a and choice. . 198 17 imports rose to a Fale in excess of tered issues were off as much as 1 [Cartiss Wr A .. 21% 2% 2% — % pian”... i Lo il le Ta ae 19@ 430.1100 millions a month. point, : =D Pure OU L..l! 0% iow 10 in WAGON WHEAT Tu “About the same time” it conAmong industrials scattered gains Diam Ma BIEN.» Task aes 189 I. pe ’ 2 grain e elevators are paying for No. ; Bako pe tinued, “there was a reversal in the were fractional but Aluminum, Co. | Dome Mines... nl Ba BL +n Rae en sn wl Ey, Sash Corn: hear INSTades, Oh heft merits, J80.900)- 00d, »1reaciacenss [email protected] movement of foreign capital to this of America was up 4% points on a we] Reliable Stores.. 10 10 10 — 1p|20% : (900-1100) GOOd ..:vevoenress [email protected] xa sale. pine " Eaton Mig ..... 20% 20% 20% — % Rem Rand... i. un -u | (1100-1300) GOR +rvnerreraris 3.00 0. 30 | country, apparently reflecting in Utilities were easy, losses ranging | Eg Fab 8 Ba Bie 2/1 Wi + | Republic sti 19% 19% 19% =u LIVERPOOL WHEAT 50-900) GOO ............. [email protected] | part actual withdrawals of foreign to 1 point in Braulian Traction Eweiever (i Hi (Bi =p Eee ll Hi MET.) (0S Bove sed on stenne | (EHS E89 1D SMAI balances induced by rumors of an Light & Power. Electric Bond & : s = “Richfield Oil .. 1% 13% 1% ...° ! Prey. | 11300-1500) Good ....... seeeee [email protected] | impending further devaluation of Share was unchanged after early | pes Mot ..... : 5 _ .— eet, $ “BY 8 $ Tih 5% § Cig 1100-1300) Modivm [iii on 7300 99 |the dollar, and in part the use of easiness. United Gas and United Flinikot ei: i 13% 13% T 2 St Jos Lead ... 403 40%; 40% + Y% March eearors oe 0 % ay 750-1i00) Medium (plain)... 6.25@ 7.50 | foreign balances to pay for the exLight & Power “A” remained un- ? | ibd Ol i fn dr Bix Me . sis di © Better = 4 cess of merchandise shipments from changed. a. Servel Inc ..... BB nT a 2502 2.75 | this country over imports. The Lake Shore Mining lost % and |Gen Baking... 10° 10 10° Z'y (Shell UnOil... 1s 13% Isis —''% (56-300! Common 111111! $78@ 14 | gold inflow halted and for a short Humble Oil showed a like loss in | Gen Cable 3% U% Un — ha Sim Sawai .. 19 Bb, + % ot time at the end of 1937 there was a ost otiier issies Were un- Sea Dein ap ap oo [BCAE... HE in Bn > % $252 100 small outflow of ‘gold doom; Hie ; - {Sen a ceiiee Fr, 469; 469, wt 3, BY rest ve ls 8 eee.” FROM EUR A C ee / 8 country.’ 0 3 a0 : changed. Ge: §oton 199, 19% 19% — v |SPeriy-Core ..- 2334 3a 2A +1 : DA uter and chitier ss ANGE ( This favorable “balance: continusd ——e— Gillette S R 8% 8% 8% — Yi d G&E pf 74 ani, ae lly : Bull og : Goodrigsh ..... 22% 22% 22% .... |Std O Cal ..... 20% 20% 29% .... |! 3 at around 100 millions a month for Gooayeat coi 33st dw yee OL M|SWONN J... 82% BW Bh +N | Fl Reighie Good (beets .. 650@ 7.25 |the greater part of this year and Curb Stocks Sreyhotad Ove 137 16% 18% — % | Stew. eo. 100 101 10% Ll Czechoslovak Outlook In-| (All welghts) Medium ii ia 00 | principal foreign currencies weakNet ® ne | SIGs aT wi 11 s D i f° d Vealers ihe ris Sealust the dollar with the x h Low Last Change | Herc Pdr ...... 1 1 81 — y |Syming-Gould . 7% 7 T% creases Dollar Deman (All weights) Choice ....... [email protected] | S hat gold shipmen el. Alum Co Am Riv 110 110 + 4)a veer 641 or . a ights) Good ........ 3 i An"ovin re. ais CR i Homestake Sa 8% 64% + % Thompson Sr iy Nown wu + % : a | weights) Hood Seve. 3306 8.0 United States were resumed. Am Liste prim mf md = im ocens oun uy un +n) RS WASH dh 4 BEF %| LONDON, Sept. 2 (U..P)—Re- aa 0G 200 er ...... 78 78 "8 +... | iNT N.CRe€l ..... 74 % 78 i 2 Braz TL&P 11° nu. 1° Zi [It P&Pillsh 8% 8h — % =r , | newed uneasiness over the latest de- ~=Recelms, 567 PROPOSED SETUP FOR Gilat” Uv a gt gn (MTT 0 TH OTR ve (GRE id $0 Ha 3 3 velopments in the Cuechostovak| Co geet. $808 36 ti GEST vy py gy (eerie ww BASSE BW J) auton itensited the cate sak oo iE) OUR MART STUDIED om & So wits. 1-16 1-16 1-16 .... —— ter ER 2 3 Te i , Fooder and Stocker Cattle : o Con Cop Mns... 5% 5% 5% + %|Kenecott ...... ” a United Drug ... 5% 5% 5% .... | flight from Europe today. : a Duke Power .. 58% 58% 58% — 1b |menecott. wm ihe IN Bk oT 3% Cas mp -n 30% 10% 10% + %| Demand for American dollars | {e5ee750) Good and choice. 7.00@ 8.00 : Glen ser $ a oe hI + i; ol— ...... _|USPibe&F... 40% 40% 40% +1 | swelled again, with sterling the focal (800-1030) | hoice ........ 500% 9.00 Humble'ofl .... €37s 63% 65% — % lee Rub ......lu HU HL + %ige Seva. Wh MZ Joint of pressure, and buying of (800-1050) Go LL eit 54 833 | Action on Reor ganization by ’ { i LEE Leh Val RR . 5 5 5° a: ae : g0. eavy. = } Medium ... ...... LS 7.50 : ins E Line .... 23% 23% ase : Lo P Glass 50% 30% 80% ZY | vanadium ..... Bn BB The pound was hammered down | ‘0 °0 Goud". aa Sheen. 00a 190 Board. Awaited. Tengh can Cis Con Cisb TL Blows 54s an wn Zu We progressively to $4.84%, the lowest | BUS) Giga and chotce 1 Lockheed Air .. 13% 13%. 13% fro, [Aotming weno Be a mE WERT ss as gat T 4% level since May, 1935, 11-16 cent be- Common. medium. 6.006 7.00 : Molybdenum Rn NR Mn Te |dontard of le 1a 1a Weston El In... 14 14 14 — | low yesterday's close and 1% cents Sheep and Lambs NEW YORK, Sept. 2 (U, P)— Pac GE 6 plo. 39% 20% 30% = %!aeck T a hae y | Willys Overid:: 2% 2% 2% I 1 below its old-doilar parity.’ —Receipts, 1581— The final plan of reorganization for 50.3 Gnd Eo SE REC en Macy RH 1.00 483 46% 16% = 7 | Woolworth y Fron. 14} 4s a4 + '% a ema again OR oe up- | SR eee roe, oh s50@ 31s | DE New <n he today Sta Qu Quis». AN 2 a oa vy Marshall Fld 11% 31% 11% see Worthington on 20% 20% 0% + 3% = g ings ‘ 8.00@ 8350 was before e of governors, Ske ohn Bh ph JiMaunal....3lh dn dh —Y— ? | rose to $5,812,456, while the price of 15a 8.90 | who will § onde win the next Un Gas Imp .. 3%a "3% "3%... |Mclniyre Poic.. 47% 47% 41% — Ju Young Sheei |. 363 38% 3% _ 1p | Par metal moved up 33 pence to a © | week or 10 Ph Lispwrd: a 2 ik oe new high for more than three years 1% $901 As submitted. the. “proposed réorUn Shoe ...... 1" mw in : : : at 143 shillings 4 pence. ST — x *"* | ganization contains the following PITTSBURGH DISTRICT |'CC APPROVES LOAN | aie otter auings ea | ccs smi 5, =) wegen | iat oi: N. VY. B d : to $200,390,000, the total absorbed by | ker: weights 310 Ibs. ip and bay ows| 1. A tment of a full-time, onds |, FOR N. Y. CENTRAL | continental go hoarders ine the | shin 1 te ats; $1372 £560 435 | nonmember executive vice president BOND PRICE INDEX BiSINESS IMPROVES re movement, got under way July 26. | 280 ibs. [email protected]; 390-320 Ibs. $6.300 | bY the board of governors, which Yesterday 7... 351 513 915 see WASHINGTON, Sept. 2 (U.P) — | horings In His unomicial market also £75; $22d medium weights and heavier, | 40 x his rate of pay. . » o! h ’ . . . of ve en ! » E A - BE 259 : 33s 565 83 RRR _ |The Interstate Commerce Commis- | estimated at about half those in fed seers. ‘ind veariings ull’ steady’ with | tees nea n t L ii : Year Ago ..... ore sso m2 ess5|Steel Mill Activity Main | sion today authorized the N. Y. Cen- he oficial market. In the same | gent: best, $i: tow Toads, ioe 5 “wit | labors: along functional lines, ‘the. 2 Years Ago... 916 965 1057 97.9 tral Railroad to borrow $5,000,000 | Period $77,300,000 in gold has been | mediu mto good k t $9 down to $8: | channel of ‘their responsibility to the | 1938 High ..... 865 70.0 985 82.8 Factor, Says Bureau. from the National City Bank of New | éngaged here for shipment to New | jPinkling commor otterings, fo hoes: | executive committee of the Ex1938 Low ea 74.9 47.9 81.3 "0.3 ’ York ‘under an arrangement by York. $10; ; small killers buying Srassy and short change: running through three gen1987 High ..... 95.0 101.2 1060 100.7 ——— which the Reconstruction Finance| The $2,500,000,000 British equali- | jth: teers snd comparanle fonde inion | eral committees, with the exception 81 Tow aries 51 J Jes a PITTSBURG, Sept. 2 (U. P.).— | Corp. will guarantee payment of the zation fund reportedly gave no sup- down; cows slow, ry little change in | Of the committee on administration. 1986 Low Sido 90.0 517 1055 93.3 | Business in the Pittsburgh district loan. port to sterling in the exchange lt euler, Main y $1 1, down, am; 3. An increase in the importance (Copyright. 1938. Standard Statistics Co. | gained ~nine-tenth of one point SEDC SEnEEment i= he Bre: opis Hetket, 5 o pelief Celpts, "13,000; 2000. directs; “coring Tams of the duties of (he staff of per. ade oug overn- at the TH 5 manent paid employees of - U. 8. GOVERNMENT BONDS .| during the week that. Sieg fg 2. ment channels and will result in pond iy be allowed to. seek Aes some ‘ids as’ mich as 3 25¢ 5 lower: good 1s change. Pa pioyses of Hg |x n the University of Pittsburgh's Bu- |a saving in interest charges of about Oe corn Spring ambs. 38@830 to| The plan as now s . 30s 1045-43 ......... 108° i 10878 18 108° is reau of Business Research reported {2 per cent. The money is to be used ost natives. 396 36" no cay acts on fers in detail ¥ Smitten at. Sie oe oid fi jing today lining ana improving ne mags| LOCAL ISSUES | fila sili haehly iiald fries, tiready, made publ, and tn aanas 10127 100137 | quo ooeace alth ough moderate, proving the road’s "he Totow: best held $3.50 upward. if approved by the board, the necesFederal Farm Mortgage Bonds ? owned and leased lines. sent actun mgs Giotations do uot repre. . sary changes will be made in the fo ol0472 10320 10529 105.20 brought to about 10 points the total indicate the approximate ~ market merely amendments to the constitution and : Hoste Orsore Jes a gain in the past three months. The TR ADIN G WITH CHIN A based On SUyinE and selling inquiries of CLAIMS U S TAXES submitted to the membership for al © 3%s 1940-39 ......... 10221 102.21 102.21 [general index of business activity ’ Stocks . 1 V1 vote. : FOREIGN BONDS Low Last | Moved upward to 67.2 per sen of JAPAN OFF SHARPLY Bh BE & & gt do com... 4B Ask ARE SHIFTING | FASCISTS FORM OWN Argent 45s u II 89% 39% 9% |the 1923-25 average, upon which : bi i s pid ...... 501s ... g Australia 5s 55 ........ 105 105 105 ; Cent 1nd “ower we Pid... 18" a1 : 3 Belgium 7s 55 111 111 ‘111 11k | bureau calculations are based. WASHINGTON, Sept. 2 (U.P.).— | Bool Dias 15 wayne 1% bid 83 , A : co Canada, 35 a 9 wien sai sai 3 i Acceleration of steel mill -activity | The Commerce Department today ng & Mich Elec ec 19, bf % BE 1 1d B. i i isrg : MPANY IN IN CANADA Dn ari tatis gall O80 383 38% | Gas the chief factor in last week's | disclosed a further sharp drop inna Hyd dro-Blectric iia 1%, | Board Cites Increased Levy| MONTREAL, sept. 2 (U.P). —The German 5%s 65 ....... : 1 United States trade with Chin: Indpls Gas Cow . .... .. 0. n 5% 23% 23% 23% ; a and Mn Ao Canadian Fascist party is f Poland Ts 47 . ........ 3" 52° §* (advance, the Bureau said. The rate]; 0) Indp pis P&L Co 6% pid..." 93 98 On Dividends, Interest orming a ~ DOMESTIC BONDS of ingot production arose three| my G.is tq China in the first seven indpis Roa Dd... soa 931 ’ Col. Publishing Sompany to oe blish its | B & Ore es cos... oi fov last points to 335 per cent of capacity.) ning this year totaled $23,952,000, | Liooin Hie 110° CI fai: Trt Hr Fy c wepaper®. e FrenchB & O 4lbs 60 cv ..... 15 14% 143 | Shipments in iron and steel showed | =, N Ind Pub Serv Co 5% pid. 81 83° | NEW YORK, Sept. 2 (U. P. om National, forBeth Stl 3%s 66... 98% 983 98% | even greater improvement, while the |® decrease of $12,956,000 from the |x Ing Pub Sve Co 7%" o. : Shy 58 » )— |. merly known as Fasicte Canadian, Can Na Ry 5s Jul 60 ..1160a 11812 118% | {5ta) number of blast furnaces in Same I reid. Touts to Japan | NI aes Pub Sve Sle 6% pit pid © [lai 1% The Sees NS rele Income | ahd the English-language Cana8 8 8 3 Ches O con 5s 39 |... 1029 102% 1023 : i as compared | pub Sve Co of Ind 6% 3 3%, | Tax Laws regar rest pay- | dian Nationalist. Chie Ante a 6 1 | The sndex of rail and river trafic | With $192178.000in the first seven |Eub Ste Co 6 1d 12 LE Edy ee a tT Clev Un Ter Sts 12 .. 837s 85° 834 | advanced moderately, too, despite a months of 1937. Imports of mer-|xT Haute Elec pfa ©. °°: xsin 9% 11 about a redistribution of | pany and change the name of the Com In Tr 3%s 51 105% 105% 105% : 1 chandise from Japan in the first {Union Title Co com .......... 24 27° | the national income, the National | Prench-1 Cons Edis 3%s 56 . ...103'; 108% 103% [drop in river traffic alone and in Van Camp Milk Co pid ench-language organ was reached Goodrich 68 45 ....... 98%, 96% 96% | coal shipments. seven months totaled $67,127,000, & | van Camp Milk Co com... 10% 111 | Industrial Conference Board said [at a Fascist party convention held Ny con Ts dona ae S952 8221 Trade was somewhat more active. | 4rop of $60,339,000 from the same Bonds today. at Kingston at which the party's NY Ce n $ie’s 3%as 97 .. Be 8 8" | Motor car sales advanced appreci-|Period last year. Imports from Amer Loan Ss 4s. am “Because the proportion of divi- | name also was changed from NaPenn BR: fe: 193 103 103. | ably and department store sales re- | China totaled $25,435,000 as com- | Citizens Ino Hel 45s 61... . 102 199 |dends and interest payments subject | tional Social Christian Party to the Tide Wa Oil 3! 28 53 53 10d 104% 104% | flected substantial gains. pared with $72,805,000. in the like Home T&T Pt W 800 03 103 105 |to Federal Income TaX is consid- | National Unity Party of Canada,” period of 1937. ° jad Assoc Tel Oo 4% 68 .1..1T08% 101% ane shs%lve tax | Adrian Arcad, Pascist leader, sald. : : eve ra € n e case of salC ong oS backs panLY D BRICK. INDEX PROTESTS TAX ASSESSMENT Saabs wat 31 Te 188 aries, wages, commissions, fees, ete. NEW » Sept. - P). —| WASHINGTON, Sept. 3 (U.P.).— | Kokomo Wate So 68: ; 86% | the tax operates to redistribute na- | [. CORN AND WHE Igst | Dun & Bradstreet’s daily weighted | Standard Oil Co. (California), ‘San Kun er, a king Co Ti Bo 5 101" | tional income in favor of groups de- c OFFI AT REGION 1% | price index of 30 basic commodities, | Francisco, protested to the Board of | Muncie Water Wis 505 a5 |. 1037 1° |pendent upon receipts from the lat- | CIAL WEATHER 23'* | compiled for the United Press (1930- | Tax Appeals today the Government's DoblesY It La 6% 47... 100 # jodi; | ter sources,” a survey by the Board v.U. 8. Weather Bureau 387s 11932 average equals 100): {assessment of income: tax deficien-|Public Tel Co Aa 55 ner og [seid Precipi- State of 43, | Yesterday ................ -+.104.55 | cies totaling $6,854,287 for the years Sichmen a In 59 857 103% 105 | The survey disclosed that over T1 Savon a High Low. tation’ Weather 118v, | Week ago .................. 103.94 1923 through 1926. The company at|T Haute Water Wks 500 49 100% 103 | per cent of dividends were subject | angola ........ nh 5 Sou 113; [Month 8g0 ...........ees... 10484 |the same time filed claim for the Trad erm Carn 55, § $205. 407 ri|to Federal fakes in 1636, Whereas be Ie NB oo cu a3'* | Year age ............ cieeees 137.20 (refund of $7,334479, the, entire| re 62 65 only 20.3 of salaries, wages fees and | pcaceer coo 18 2 9 Couey 15_ | High for 1938 (Jan. 10) ..... 117.06 | amount of taxes previously paid for | Market st. Srist & Co) commissions were counted as taxa- | Lafavetie .. .... 3M wu Slondy 80% | Low for 1938 (June 2) ...... 102.93 | those years. arket 2. Tovestment Corp . 33.72 28.80 | ple in the same year. Likewise more | Soporidge City . 81 0.8 Cloudy a rete sa ir *. | than 45 per cent of interest pay-|Vineennes ... 8 65 o Clea 1 ; r FOREIGN EXCHANGE LOCAL PRODUCE ments were taxable as contrasted | aihiis— i # & § 8 : ; Heavy breed hens, Leghorn hens, | with 24.4 per cent of business profits | Indianapolis .... 78 60 0 Cloudy LR Phy Sept. rans: = For reign ; | 3c: Beavy breed rdlers.’ 2 lbs. and i aves : enterprises. Terre Haute ..... 82 60 0 Clear Gable rates on ma TE LTent oat ot Chin. n WHERE CLOTHING IS PRODUCED | Be and up Tie 13¢; $5, Jolored sp og “Since the i 5 of dividend and R —— 84 i Ls : Clear England (pound) . s485% o0vs * : : and ‘over, i0¢; barabase. broilers, ¢ ‘old | interest appear y in the up- : Bill rate) 4.8495 —o0i4 rogsters, 9 per income brackets which are subGatiads (irene)... oman TH Le 15h qhpiiiely tres WE = ject to the high surtax rates, the Lraly y ira) iis + [082814 oer : J Falak st aia old for e burden of taxation falls most heavSTmasy- mark) i Te] Poe NEW YORK CITY | RESHOF U. 5. A oo oeionhod oud x yi | Miiihi po a Switzerland (franc). .32801% 100007 3 Ee ge Bape survey . 3s mE ECB | [essen Any! | Ra [fore tas oa 13 eae vetoes ER, | aa =i n U8 STATEMENT Denmark ne cL. of total income GTON, Sept, 2 < {and dingly to increase the | “GETS FISHERY NEWS OFFICE wos ernment. Senge ling 2 gupiojess’a and small Iisinessuien's i WASHINGTON, Sept. 2 (U. P) — MEN'S | pared with a Vear dc : Ta The Bureau of Fisheries announced ‘ 4 | Expense 1,445, cg today the establishment of a a Chibeoes Receipts 44 oral 43 3 Fishery Market News office in Chi- ross Der. sedi 20383 50.82 3 €ago to. disseminate’ daily informa- Cash Bal . 2 Ag So: 81 2, 301 04 A tion ‘on ‘current market develop- al hae 1 0818 | ens tor the fish ‘eid ote Chicago | G300s | ; Sod Rs 8..13,1 ier 122 oie! third, ne an ape { dE m— ai Es

A be pho boi

2 Ed

;| regular commercial ig aud i of special features will origina

trol board and a news room where

DE i

——

TONIGHT

5:30—Science Adventures, WFBM. 6:00—Lucille Manners, WIRE. 6:00—First Nighter, WFBM. 10:30—Blue Barron’s Or., WIRE.

Along with an estimated 400,000 | others, Indianapolis broadcasters are going to the State Fair. As in past| years, WFBM and WIRE will set up shop on the Fairgrounds, where

WIRE has pitched 2 inate east of the - Indiana. University building which houses a model studio, con-

visitors. may watch the wire news come in on tickers, Begining tomorrow, about ..12 ‘WIRE: programs will originate at the temporary headquarters. Included are: the Morris Hicks: and. Harry Bason pro-’ grams, the “Audition Book” and all daytime newscasts. There will he loud speakers to carry network as well as local programs. to vassecsby. A day later, WFBM will be operating in its permanent Fairground studio beside the Administration Building. Three agricultural commercials are to originaic there, in addition to a special series of Jordan Conservatory broadcasts. ‘The music school’s weekly feature will be speeded up to a two-a-day production schedule after the opening broadcast Sur.day. Thereafter, 15-minute programs will be heard at 11:15 a. m. and 4:15 p. m. for the Fair's duration. Faculty members appearing will include Joseph Lautner, tenor (Tuesday morning), and - Virgil

se =» #

ON THE RA

Phemister, basso (Friday morning). during performances.

THIS EVENING

(The Indianapolis Times is not responsible for inaccuracies in orogram an. nouncements caused by station. changes after oress time.)

The “Pirst Night ” program, long an NBC feature, moves today to & CBS spot (6 p. m., WFBM). Bar= bara Luddy and'Les Tremayne will be starred and the broadcasts will

originate in Chicago—though the program’s radio locale is “a little theater off Times Square.”

"Katherine. ie the English ple anist, is to join the Kraeuter. String : Quartet for o CBS-WFBM chame ber music concert .at 10 a. m. to= morrow. The - program includes Arensky’s Variations in Minor for quartet, and Frank Bridge's Plane Quintet in D Minor. | is : » 8 8 On CBS at 5 p. m., you may hear Howard: Barlow conducting the “Exploring Music” program in place ot the vacationing Bernard Herrmann. Mr. Barlow will introduce a / Concerto” Grosso by the “young Italian-American composer, Amadeo de Filippi. Mozart’s “Idomeneo” Overture and a suite from Gluck’s “Paris and Helen” round ot the program ]

t.

2 ® = One of the closing Grant Park concerts from ‘Chicago is to be

heard through CBS-WFBM at 8 p. m. Roy Shields will an NBC orchestra with Edward Davies, baritone, as soloist. If you have noticed less “local interference” from Grant Park recently, it’s because these concerts’ sponsors arranged with the Illinois Central Railroad to reroute freight trains ».

s 8

INDIANAPOLIS IN DiANAPOLIS CINCINNATI} Ricady . 1230 E1400 asia (CBS Net.) “ (NBC-MBS) (NBC-MBS) Net.) 4:00 Light’ . 1 5 . . put Sa 1% Tea, Tufte News o fadnner punted Serenade. : ou 4:45 » | fa ager Low ell a8 Orphan Annie 4 5:00 Heatherton - Audition Book . Don Winslow 8:18 foliace” Shaw. Musio. “Hobby . Turn rer & Marson rson Hamilton's ¢ or. 3 ou ap len [3 Not § So Long : Bernolony P. Sullivan : pi First ‘Nighter Congert My Name? a 6:30 Mel old on i lo Ohio Lo! EB Nope zt FORM Lew Bapew 3:0 Showeass ad Waltz Time Martin's Or. ~ Grant Fark - : ”» * ” “ 5 “am A Death Valley Death Valley Jurzens Of or. ; 100 : ounced Heidel Jeane wan veel Ge 2 my 8:45 Lad t Me Antoinette he Don't. Believe It . 9:00 ports Amos-Andy Amos-Andy Madriguera’s Or. 47 14 Busse's Or. Jeadiines - Bouquet Jurgens’ Or. 3 er De 9:45 Rogers’ Or. AOA Ch Cummins’ Of. 3 ” ” P. Sulli K ’s Or. 19:35 a. or. ” n Los, Amys ieee 2 10:30 H s Or. Barron’s Or. Barron’s Or. Crosbv’s Or. 10:45 » oo “wo ”n ”» - ” ”» » + ” i : 's Or. . Revi : Jurgens’ Or : 4 n’s fix - Y's . . 1s opal > Haue’s Or. ni. ls ©

INDIANAPOLIS

~ SATURDAY PROGRAMS

NBC-RED—WEAF, 660;

INDIANAPOLIS CINCINNATI a Me 1 LW 1900 . (CBS Net.) (NBC-MBS) (NBC-MBS) Net.) sn Early Birds .Devations ooh fush Or Cross Mugle By 3 ". . "on Good Morning i fi: i Bee CTE 7:45 "_» News » nn - IB ow parm Dat ae : LO 8:45 ONO, Let TE oh Synagozue y :00 SE er WLW Mail B t Thin Fu pay a YT 9:30. Musical Comedy Dessa Byrd Army Band State Street 9:45 : ” io » ce Blue ws , T 18:13 Conpert a Yagami Bern) ih aes = Minka or 130 : ews _ n 10:45 Light's or. Bason Baker Farm-Home So Bor ar 11:00 © : x Unannounced nw Mel HE pom REESE GL firttom 11:45 Farm Bureau " 1 Afternoon Edition 12:00 Medllations County Chorus Krenz’ Or. Summer, Revue 13:30 Davis Cup non aL aay, aa 12:45 2 ‘Unannounced Farber's OF. ” Le Too Ao WIRE Réeporter Rakov's Or. Livingston's Or. Hn : lw Herder : a » Dacsthy Fuse 1:45 29 n Baseball i care, Sh ener 2:00 Horse Race ; Tm Club Matinee CE 8 gems 5 Eo 3:09 Congert Or. || reed Or. Trig Time . » 30 Amgries | Danes . Sabin’s'Qr, Sabin’s Or. ; » w! g Bar Bee ou BE £45 Riley Ss Sadler ah we : , Barron's Or.

: KEY NETWORK STATIONS (Subject to change): NBC-BLUE—WJZ, 760; WOWO, 1160; WENR-WLS, 870; KWK, 1350. WTAM, 1070; WWJ, 920; WMA CBS—-WABQC, 860; WJR, 750; WHAS, 820; KMOX, 1090; WBBM, 776. MUTUAL—WOR, um; WHE, 1390; WHKGC, 640; CKLW, 1030; WSM, 830.

WMAQ, 670.

¢

CROSSWORD PUZZLE

11 To harden.

HORIZONTAL Answer to Previous Puzzle 1, 7 Pictured 14 Particles, globe-encire 15 Opposite of . cling flyer. higher. 12 Genus of 23 He made the : .." sheep. te flight in 13 Pathway be- istory. b. ‘tween rows i Circle: part. of seats. Wine vessel. 16 Part in a ® Hola “rama, LILY 30 Portico, 17. Tarpaulin, 31 Without. 18 Breast. S - 3 ih fish. 19 Orient. 5 .. 20-Sheltered 44 Rustriction. ~~ 62 He was a suc- 5 Sonlane Place. - 45 Russian cessful —— 37 Persia, 21 Simmers. ~~ mountains. picture 39Born. 22 Before. 46 Soothes, producer, 40Tyve standare 24 North 48 To make VERTICAL are, America. jagged. 1 Opposite of 47 ‘Bootle wing 26 Devoured. 50 Sun god. col 49 No good. 27 Paid publicity. 51 Genus ot _2Egg-shaped. 52 Since. 29 Onager. moles. 3 Metal string. 53 Rumanian 32 Thing. $5 Truce. 4 Quaking. . coin. 34 Battering (variant). 5 Pats gently. 54 Skillet, machine. §9 Machine part. 6 Valuable 86 Insect. = 36 Neck band. 60 Recipient. ° property. 57 Portugues . . 38 Position in 61 He made a 7 Skirt edges. coin. golf. ¢ = the world 8 Cupidity. 58 Lion. Ah 41 Maple seed. flight in less 9 Venerable, 60 Doctor of 43 Sound. than 4 days. 10 Otherwise. medicine. "