Indianapolis Times, Indianapolis, Marion County, 20 September 1938 — Page 17

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TUESDAY, SEPT. 20, 1938

STEEL, AUTOS LEAD STOCKS UP OVER 3 POINTS

List Dips Around Noon From Best Levels Set In Morning.

I - |

Net Last ohange | 26 384 93, 9a 11 10's

He] ” » a5 4

1a 3a

Addressogrph Air Reduc Alaska 2 !Allegh © | AllegCr } pr 520 w ills

| Allied i “e Alpha P Cem . {Am Bank Note. Am Ci: Am {Am Shain & C. {Am Coal Am ors sug. . Am E Am Am Am jam Evrth 5 {Am NEW YORK, Sept. 20 (U.P) .— am Stocks rose 1 to more than 3 points am during morning dealings today. in Around noon the list dipped slight- am - from the best levels. {Am s | ; : Am Prices moved higher after a am ne, active opening under lead of Hee o ci mobile and steel shares. All| Armen m ... tions participated, including rail- | 340% L I< g rail- | aco Drv Gds. road issues, which were bought on! | Aichison t 1 n "ash hopes U. S. Government interven- | {atl Cin. tion would avert a general strike. Chrysler touched 713%, up 2% General Motors 4614, up 2%; Beth- | lehem 5815, up 2%; U. S. Steel 577s,

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N. Y. STOCKS

By United Press | DOW-JONES STOCK AVERAGE

30 INDUSTRI ALS Yesterday Week Ago | Month Ago ........ ‘as Year Ago High, 1938, High, 1933,

x 143.65; 194.40; low, 113.64,

| i 20 RAILROADS Yesterday | Week Ago Month Age | Year Age High, 1938, 32.33; low, 19.00, High, 1937, 64.46; low, 28.91,

13 UTILITIES

-—1 0. “0.

{

+0. ih 0. 0.

Yesterday Week Age Month Age Year Ago High, 1938, High, 1937,

os Trading Becomes

QUIET EUROPEAN = OUTLOOK DROPS “CHICAGO WHEAT

Mixed After Early Decline; Winnipeg Off.

ge! CHICAGO, Sept. 20 (U. P)— os Weak outside inarkets and the 42 | easier political situation in Europe | +9 depressed wheat prices on the Chicago Board of “frade today. At the end of the first hour of

i |

iE i il

Net Chan

High Low Last

973 223% 5's 734

{Miami Co 10 | Midland 23a 5's 46 12%%

2434

10 . 231% 5's

- ,;8 oes 2%

| Munsingwr Murray

1 ,

38 | i] al siae,

trading wheat was off s cent to 1's cents, corn Nes off ° 4 to 73 cent, | {and oats were is to “zs cent lower. After wheat had dropped about 1 Jycent on the opening decline, better 3; support‘ developed on the buying and trading became more

ge! 1

1s mixed. u The rather sharp losses in Winni- , beg wheat had a weakening influ-

THE INDIANAPOLIS TIMES

PACE 2

Porkers Firm Despite Lower Outside Prices

Receipts of around 8000 hogs at Indianapolis held steady today despite lower markets at nearby | points, the Bureau of Agricultural Economics announced, but the deline at other points served to bring local values closer in line. Top price for good and choice 230 to 240pound butchers held at $8.90. Packing sows bulked from $7 to $8, mostly $7.10 up, with a top of $8.25 on good lightweight sows. Estimated supplies of 2800 cattle consisted of around 50 loads of steers and yearlings and around 15 loads of heifers. Quality ran mostly {medium and good, with strictly choice weighty beeves absent. Little was done at a late morning hour on medium and lower grade steers and heifers with bids weak to lower. | A load of 770-pound mixed yearlings |

made $10 with several loads of heif-| ers held around $9 to $10. Vealers were 50 cents under Monday's close,

direct reflection of the war

{of 46 per cent of capacity, thigh for the year,

| ter.

STEEL DEMAND LEVELS DESPITE THREAT OF WAR

Operating Rate, However, Is 46 Per Cent Capacity, Magazine Says.

CLEVELAND, Sept. 20 (U. P.).— Sentiment in the steel industry has been harmed by the unsettled European situation, but as yet only small | scare | is apparent in domestic steel mar-| kets, the magazine Steel said today in its weekly review. Noting an operating rate last week | a new| Steel said “A slower rate of improvement in steel

{output is seen for the coming quar-

Developments the last 90 days/ have brought operations fairly close

PAGE 17

ON THE RADIO

TONIGHT Tomorrow's radio addresses will . : o include one by Anthony Eden, shortS790.13ig Town, WPBM: waved from England at 12:30 p. m. 6:30—Al Jolson, WFBM. lon CBS-WFBM, and another from 6:30—Information Please, NBC. {Los Angeles by Judge Camille Kelley 7:30—Fibber McGee, WIRE. {of the Mephis, Tenn. Juvenile | Court. Al Jolson ought to draw a full] Britain's former foreign Secretary house for his season’s reopening on |is expected to discuss the Central when he adhig resses the tratford-on-Avon For, as a special first- night attrac- pranch of the English Speaking tion, he has obtained the services| Union. Judge Kelley will be heard of Douglas (Reverse Irish) Corrigan. con NBC-Blue at 1:30 p. m., speakBesides the amiable young aviator ing before the American Legion and the veteran mammy singer, to- | Auxiliary at the Legion's national night’s broadcast will feature the! convention, dialect comedian, Parkyakarkus, Martha Raye and Lud Gluskin's Orchestra. A new behind-the-scenes {member of this year's radio cast! |is radio's youngest script writer, {Ben Freedman. He is the 18-year- | old son of the late Dave Freedman. author of Fanny Brice's original | “Baby Snooks” sketches and long | considered broadcasting’s ace scriptsmith.

= #

The first of three daily broadcasts from the Berkshire Music Festival, {one of the oldest of America’s summer festivals, will be heard at 2 p. m. tomorrow for an hour on CEpsWFBM. The Berkshire String Quartet will | be featured in the Beethoven E Flat | Quartet, Opus 127, and the program also will include the same comScotch and Irish songs. The South where

on the same POSEr’s : renew ac- broadcast will originate at “Big Town’ Mountain, Pittsfield, Mass.,

# ”

A half-hour earlier, network, you may quaintance with the

{in line with actual consumption, in| series, featuring Edward G. Robin-. (he 20th annual festival, under Mrs. contrast to the excess of the latter|son and Claire Trevor. | Elizabeth Sprague Coolidge's 2 hour of trading. Liverpool wheat after selling relatively high yester- during the earlier months. Subse-; The series’ second season will find SPonsorship, will be in progress. 1,. closed 5 cent to 2's cents lower, day, good and choice ewe and quent gains. consequently. will be Mr. Robinson again exposing rackets # =n « with the October delivery relatively wether springers clearing from $7.75 dictated largely by activities in va- as a newspaper's crusading manag-| Debunker Alan Kent of Mutual's steady. to $8.25, with the top $8.25. rious steel consuming industries.” |ing editor, with Miss Trevor playing | ¢ ‘Don’t You Believe It” program, will A moderate export business in gop S——— The authority found slowness in his society editor and chief assistant. attempt to disprove the following Manitoba wheat was reported | It. 8794 automobile steel shipments offset| Incidentally, the program has seen generally accepted statements at 7 worked, and a little business in U. S. | 1 aio partially by sustained demand for the flowering of a studio romance p. m. via WGN: ‘Pacific Coast wheat also was re-| 16. - 3133 miscellaneous consumers. A slight since it went off the air last spring.| That a villain always has heen 32 ported, but total export sales were ag0 gain was found in railroad require-| Miss Trevor is now the wife of Clark a “bad man”; that the idea of a ments and there was expanding ac- | Andrews, the series’ director, | song like “Hold That Tiger” is a

12 not large. | Co 2s som iendtindd iter dedtine oy ity in building demand. - jazz creation; that Annie Laurie is eres |a fictitious character; that guinea

, ing about a cent. Selling by cash Clarence Budington Kelland, writer | inning 18s were natives of Gui : ; rs rot gna gn and witty president of the famous | Mperseric originally ial 2 Early purchases of corn to arrive Dutch Treat Club, will do his first| rage; -that the word “zat,” mean|were in excess of 400.000 bushels, Job of guest-experting on tonight's ing gun, was coined by gangsters; J shes “Information Please” show—NBC- ja overwork is responsible for

7! Estimated receipts of grain in 2 3; Chicago today included 152 cars of i '5 o'clock fatigue.”

> corn and 33 cars of wheat.

CHICAGO GRAIN

CHICAGO, Sept. 20 (U. P.).—Grain opening: Wheat: Sept. 64c, off 3gc; Dec. 641zc, off 3@S3ac; May 653:@655, off !

2 = ept. 527% @5234c, off 3z@lic; @501ic, off i @'ac; May 52la@ 3g@ se. ., 26c. off 3zc; Dec. 253;c, off 612¢c off lsc. 43'%c, off loc; May 45%;ec, Oct. T9'%2c¢c asked, off lic; d, off !2¢; May 80'z2c asked,

sh-Kelv ..... Biscuit Cash Dairy . Dep St pf.. Distillers .. Gypsum ... t Lead

. Pwr & Li. Sup Penn. Nersner ene 1

up 2 International Harvester 60, up nta Fe 322 up 2; Anacon-

) da 34

Nat nN

3; lence in the local market. Winnipeg good and choice from $10.50 to $11.|

Sa - lee off 17: cents at the end of an| Spring lambs took a 50 cent cut

p 1%; Montgomery Ward | Biaw-Knox 46°, s and Westinghouse Elec- | Boei tric ; Jp 27s. These prices were sligh 10 ver around noon. Eastern Kodak touched 172, up 5 and several other high-priced issues made wide advances. Curb stocks extended early gains midsession trading today as tension over the foreign situation relaxed.! Opening gains of fractions to more ca than a point were widened to 2 to! Celanese ox much as 5 points. Trading im- Gent Asuirre proved on the u psSwing.

{Certain-teed Ine Is and utilities oo advance

u y 2 = Bore: “Warmer | Bower Bdgept ros Briggs Mig Budd Mfg Bulova W ! Burroughs ‘Bush Term Bute Cop & 7x Byers, A M .. Calla Zinc

up 101° tly

a ALY SY We Nhan awe

. 5

hah ND RAN MN

Pt a | NR aan ANRe

eons and Gilts (140-1801 Good 1160-180) Good 1130-200" Good 1200-220) Good (220-250) Good (250-280) Good (290-350) Good Packing Sows— (275-330) Medium (423-500) Good (340-425) Good (275-350) Good

Sliughter Pigs— (10-140) Good and choise. Medium .

—CATTLE—

—Receipts 1519— Steers

Choice Choice Choice Choice Good Good Good Good Medium Medium Common Choice

Heifers

Norwalk T ..... W .

—

choice choice. . choice. . choice... choice. . choice choice..

WAR RISK RATES DEPRESS GOLD

‘Sterling Rises, However, to Push U. S. Equivalent ig / Cents.

LONDON, Soph. 20 (U. P).—The Bea gold price dropped sharply today as [email protected] arbitrageurs continued to remain na 522 aloof from the gold market because 6.25@ 7.75| of dissatisfaction over Lloyds’ new 9.50(@10.25 | : : | war risk rates. s5@ 9.50] The price of gold was fixed at 144 | 8.7 75a 7.00] | shillings per fine ounce, a drop of 7 5:50@ 7.90 pence from yesterday. In fixing the Irate, the dollar quotation was ignored in line with recent procedure. Despite the practical boycott of |the arbitrageurs, a total of £815,1000 ($3,929,278) gold was available on the market. It was taken for un-| |pamed destinations. {] Sterling rose to $4.8212 from] 1H i So0at-001$4.8043 at price-fixing time yester- 1:00 {11:13 6.00@ 9.00 day, with the result that the Ameri-| > can equivalent of the gold price fell 11:45 12 cents to $34. 71 an ounce. This 8.00@ 9.00 was the lowest equivalent quotation 00 8.00 ince July 1, 1937, when the rate also 6.00 quched $34.71. The following tabulation shows othe price of gold per fine ounce, 3 pound sterling. American equivalent {of the gold price, per cent discount {from parity, grains of gold theo[1etically in the dollar and the value 0 of the dollar on the basis of the

; gold price.

hha RRA AN 2

BINS a

Ohio Oil .. Oliver Farm Eq Omnibus Otis Elev Otis Steel

- th. SER

tara) DEI

ria

- 1 a 1

ty ria

led

NCI wr

the ches | City Col Col r Col Broad B Colum Gas Col Pict vtec Col Carbon {Com Credit P.)— Com Li Tr Com Solv Joris) Com Edison Com & So nn {| Cong-Nairn {Cons Aircraft j Sons Cigar ....

0200 00000090500 00 =I OLR IN SARIOO

and

fk feck A ee =

Lanz

Czech Bonds Tumble; Reich Issues Firm

LONDON, Sept. 20 Czechoslovak 8 per cent dropped 2!2 points to 7012 otherwise steady to firm stock market session here today. ~ ho Cons Edison German authorities supported {Cons Oil bonds of the Reich. British Gov- | Container ernment issues improved with the Cent Bak 1] war loan up % at 100%. Heavy PEGE Te switching was noted in trans- | Cont Oil Del’ Atla issues where U. S. Steel|c

ni} Crane Co .... ntie : rown Cork rose 2 points. Crown Zeller .. Crucible 5S

Curb Stocks

2 ” 5

OS kh x AR ~I-1-108 7 C9 00 cou

@ we

Panhandle Paramt Pict Para Pic 2 Park Utah Pathe Film Peerless "ea Pen & Ford.... Penn Coal & e. Penn D Cem. Penn RR 19 Pere Mat pr ‘pf. 238 . Pet Corp Am... 83 | Pfeiffer-Brew Phelps Dodg ... 3 Phil Morris .. Pitts Sc&B Pitts StI ...... Pitts & WVa .. Postal Tel pf.. Press Stl Car... Procter 8: G ... § Pure Oil 9 Purity Bak

BID <1 ~T03 6D 33 NCI GD ek ok ®

OF ob pk fk 3 ft fet

THIS EVENING

(The Indianapolis Times is not responsible for inacc uracies in program - nouncements caused by station changes after press time.) Pare > INDIANAPOLIS INDIANAPOLIS INCIN WFBM 1230 WIRE 1400 ‘ WLW Nan (CBS Net.) (NBC-MBS)

(NBC-MBS) News Golf Summary Sabin Or. Sabin’ s Or. Marlowe & Lvon Nola Dav

th ft a GG) (a Dea

OY ©IDP DD =-12 a hn

(tJ.

ow Ld ov

CHICAGO GN 720 (MBS Net.)

Bill Anson Airliners,

& a we

BI a IDO BILBRHUIRID Dr nad RB

BS a DRDO DD ON DD tn

PX] a

750-900) (900-1100) (1100-1300) (1350-1500) (750-900) (800-1100) (1100-1300) (1300-1500) (750-1100) (1100-1300) (750-1100) (550-750)

“

Unannounced Tea, Tunes Paul Douglas

.owell Thomas

Don Winsom Ss norts

“3 Dn > o_o nes

Orphan Annie

’

ow ao >

Christ. Science E: NYA Program F ootlight Parade

Easy Aces Varieties News Basonolozvy Johnny ”

Martin's Or. Swing Strings

Vox, | Pop Fibber McGee

Pirro’s Or. Bob Elson Inside Sports

" Gould’s Or. "” "”

Green Hornet 43

FE EE

SET ! - -

=m SIa3

v Beans:

mes % News 38 3C aske

orl oe

Johnny

James’ ar, Brigode's Or,

Vv ox, Pon Fibber McGee

2C. iiiaayiis Big Town Provisions weak. (plain)... Al n . WAGON WHEAT | City grain elevators are paying 2 1 red, 57c; other grades on their 8 (Sion corn, new No. 2 yellow, 47c. | 21c.

"Dut

Jolson

IC | om

for No.| merits. Oats, |

Curti ISS we ve Curtiss-Wr A ve 2 Cutler-Ham

Grand Central Goodman's Or.

Don’t Believe It

Organ Heidelberg Or. ‘fomorrow's 1irib,

(750-900) (550-900) 1550-900)

ood Moarath Common

; | Radio | Radi0-K-Or | Ravonier . 73 Rem Rand of . 233 | Republic_Stl ... a | Revere Cop {Reyn Tob B .. 198 | Richtield Oil .. 23, Roan Antel ... 162

| 1,1St Jos Lead ... 42 i Schenley Dist .. 157 a Seabd Air LL ... 12 Seabd Oil .. 1834 Sears Roebuck... 703% Servel Inc . Shell Un Oil .. 13 {Silver King .... Simmons Skelly Oil . Socony Vacuum 122 Soe Am Gold ... n° South Pac South Ry ks {South Rv pf Sparks With Sperry Corp | Spiegel Inc Brands G&E yok G&E of

ms | nD | aD

{ Deere & Co Dev & R A 2 Dist Seag , Dome Mines Douglas Air . Du Pont .....

Mysteries M ere

J. Fid Song Ae lieve It Amos-Andy Varieties Salute

UIVERPOOL WHEAT Kemp's Or. . Equivalents Based on Sterling

at $4.82'sg)

Own Musio J. Fidler Jesse Crawford

Amos-Andvy News Owens’ Or.

Mysteries . Heidelberg Or. Northerners .

All Weights— (U. Good ... Medan Comm . Low er and cutter. .... Bulls Yesrings Excluded — All weights) Good (beef) (All weuents) Medium Cuter and comiinon Vealers (All weights) Choice ...... (All weights) Good (All weights) Medium Cull and common ..

Calves —Receipts, (250-400) ghee .

Medium 6.00@ Common 5.00@

Feeder and Stocker Cattle

(550-750) Good and choice.. ihe (800-1050) ice 1500-800) (800-1050) (500-1050) (750-730)

| | : Europe Crisis | rev. » ss | Close Close 0.7312 $0. 74 a Du 72 68Ys .88'a Hl

- i "a 213 | Vai si Ss ls Ja

Sports

Screenscoopns Berrigan’ 's Or.

pt bt BD RD pt DD

DWI DRI

Oct. | Dec 14 March | .

1. S. RESERVE BANKS RAISE LOANS TOTAL

17 Millions. More ¢. Wore Borrower: New York Declines.

Thompson's Or, Jurgen’s Or. Cummins’ or.

NSAI BSNS LcH3

|v | WAAR, area]

3 g

| East Elec

R Mill Auto L Pwr&Lt St Bat Pub S { Evans Prod

| Ex-cell-o

— |

News Basie’s Or. Long's Or.

or. Or.

P. Sullivan Farber's Or, Weeks’ Or.

Himber's Weeks’ ”

Olsen’s Or, » Ayres’ Or, ” ”

® en ug BAAD ANN Ere 5

. [email protected] | 10.50@ ¥1.00

LIND 4 OC ra Vu Wh Ir

Ball Scores Dance Or. Dance Or,

Review Joy's Or. Pirro’s Or. » »

Cabot’s Or. Gendron’s Or.

Long's Or. 2 ” DePaul’s or.

. »

Fair Morse Firestone T Flintkote Freept Sulpl hur.

v5] 21% Ss 14 3g | 955 | Sal %

Worm om

Lo CR

ol 25—

WEDNESDAY PROGRAMS INDIANAPOLIS CINUINNATE WIRE 1400 WLW 700 (NBC- MBS (NBC-MBS) Devot tn Clock

News

ra Apt 1 at a

CHICAGO WGN 720 (MBS Net.)

Musie Box ” ”

bd pt ft

RAL NDT a Oy

INDIANAPOLIS WFBM_ 1230 (CBS Net.)

Early Birds

~ » N =

1 WOW 1h ORHINNIOD

own

ut od hol ot BREED NA

pt GY

8 is Sg 8

ft 10 ¢ BBDNVOW ITP ORIN D DDD

Org Horanrs

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”» Merry makers

” ”» ”»

1h Sh Gah Wha PBN RAR Be

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Good M orning

”» ”»

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SDA ONWOWINB DTI ODD - ) ‘ bd “ow od

+ fu; IDO OC ' .

0 ht 20 BI OO de I DO YD

WASHINGTON, Sept. 20 (U.P). —Comntercial, industrial and agri- | cultural loans of the Federal Reserve Banks in 101 leading cities in the week ended Sept. 14 increased $17.000.000 over the precedling week, despite a decline in New | York, the system's weekly condition | statement showed today. Increases in most of the reporting districts lifted total commercial, in- | | dustrial and agricultural loans to!

1 $3.905.,000.000. " CHICAGO, Sept. 20 (U. P.).—Hogs—ReLoans to brokers and dealers in| ceipts, 14,000; directs, 5000; market slow

a >

i News

dd) and choice. Common

1 {

J OC MIPS SND 9

Kitty Kelly s. Wizgs Hvmns Other Wife Mvrt-Marge Plain Bill Hillton Hones Women in White Amanda Snow

David Harum Suidberss Lorenzo Jones Vic-Sade Dessa Byrd Short Story Linda's Love + Road of Life

Paula Durand Editor's Daughter Kidoodlers O'Neills Footnotes y Grier's Or.

Hetiers— 3 Crane-Joyce

(250-750)

PRE Ra a | ! WHx | dereter AD

2] “a

Good and chaoice.. Common, medium Sheep and Lambs —Receipts, 1737— Spring Lambs— Chcice Good Meaium hs om mon

Sevens LI Earl Lawrence

Get Thin Children on Pedro Painted Dreams

Mankattan Mother Harold Turner Quin Rvan Mail Box

Man On Street Hitmakers Services ” ”»

Steomother

Hill Billies Anron Strinze Biz Sse } _ Real Lif A

Marvy McBride Irene Beasley Mrs, Farrell

Studebaker vn Sunshine Min .. Swift & 0... Syming-Gould ..

Goodyear Granb: Gt North Gt West Grey hound

[ 44+

Today Yesterday WkAgo 144s 144s 7d 144s 7d! $ 4.8212 8 4.8043 §$ 4.81 | 34.71 34.73 34.77 | 8286 1714 6571} 13 83 13.82 13.81 1.0084 1.0078 1.0066

LOCAL ISSUES

The failowin quotations do not repre{sent actual bids or offerings. but merely | indicate ale” approximate market level} based on buying and selling inquiries eof recent transactions: Stocks

fly 18 Gold | Pound 0 USEqgiv 3 | PctDisc. 3 Grains Dollar | !

> + LLY»

alm

ELE j—

oe ‘ Ba 1 . : P. 13%a 15 » 5 $35.00 Texas Corp ... 3 . Texas Guif P .. 25 Tex G Sul Farce... 10 TeX Pac I. T .. Thermoid “ih Thomp Be “rh Tide W A Oil .. TW A Oil of .. Timk-D Ax ... Timk RB .. i Transamerica {Tr & Wes . Tri-Cont .. 20th Cent-Fox .. 243 Twin Coach

Phu . nn Haves Bdy 1.0000

Helme bf

oD ns

ews Farm-Home ”»n ” Live Stock Happy Gilmans

Betty. Bob Linda’s Love rimm’s Daughter Gras Daughter Gaimm, Ladv Valiant a Bettv Crocker Kitty Keene

WIRE Reporter Mary Marlin Headlines Ma Perkins Pepper Young Guiding Light

Harding’ s Wife idstream Julia Blake Hatterfields

Houseboat Singing School Gloom Chasers Man of Mars

Haves’ Or, v3 vs

50@ 00@

G ocd and choice Common and med:

CHICAGO LIVESTOCK.

17 ” ”

Bohemians Singin' Sam WIRE Farm Hour

rT ait dh pt fk (OI0191Y mimi B= =

Holland Purn Houd Her B Houston Oil ... Howe Sound .. | Hud Bay M&S.

4 PRN dD

Farm Sirels __ Marke

100 Noon Tunes

:15 New :30 amy Eden iy Serenade :00 13 30 45 :00 15 30 45 00 15 :30 45 100 15 :30

Ora £202 ICI BO rn

”» 3 Harold Turner Melodv. Time The Missus Melodies

Rom

Belt RR & St Yds com..... ae Beit RR & Stk Yds pfd Cent Ind Power 77, pid. late | Home T&T Ft Wayne 7% pid. Hook Drugs Inc com . xInd & Mich Elec 7% pf xInd Gen Svc Co 67, pid Ind Hydro- Bleeiric | Indpls Gas Ce | Indpls P&L co Yee fd. | Indpls EL Co 6l2¢ | Indpls P&L Co 6! Ceisie Indpls Water Co 50 “pid ou Lincoln Nat Life Ins So com.. 5 xN Ind Fub Serv Co 57% pfd.. xN Ind Pub Serv Co. 7% . xN Ind Pub Sve Co 67% xN Ind Pub Sve C xProgress Laundry Pub Sve Co of Ind Pub Sve Co of Ind _ Pub Sve Co of Ind So Ind G&EI 4.837, {XT Haute Elec pfd Union Title Co com Van Camp Milk Co pfd {Van Camp Milk Co com... Bonds Amer Loan 5s 46 ; Citizens Ind Hel 4!5s |Home T&T Ft W 5° Home T&T Ft W 67 Ind Assoc Tel Co 4° {Inter Tel & Tel Sac | Tndpls Rv | Indpls { Inter Kokomo Ww ater { Kuhner_ Packing Co pH 270 { Morris 3 5 10 Sirs 3% st s 1 | Muncie ater ks 57% Means ae dL) | Noblesv Ht L&P 617, 47 $5.50@ 8.50. | Ohio Tel Sys 6% 47 ... beef cows, { Public Tel Co 4'27 . $4425. | Richinond Wal Wks 57% 57 and | Seymour Water Wks 57% . |'T Haute Water Wks 57, 43....1 50 I Haute Water Wks 67, 49.... q | Trac Term Corp 5% 7 ... B (By P. Ori t & Co | varket st Tnvestment Corp. .

FOREIGN EXCHANGE

NEW YORK. Sept. 20 (U. P.).—Follow{ing are noon cabie rates on major currencies:

Central

N. Y. Bonds

BOND PRICE INDEXES 20 20 20 Inds. Rails Utils. 51.9 95.7 3M.3 56.4 59.0 R14. ag 0. 47. 101.9 69.5

~ Svyncopation Syncopa‘ion ¥ Dessa Byrd Lebrun Sisters ' »

Music 1 Festival

Insshs et Inter RT Intercon Rub Interlake Ir Agric le Int Harvester .. ! Int M Marine.. nt Nickel Int P&P... T TET.

1 DS

Leadoff Man

Baseball ”» ”

Union BR & P Union Carb .... Un Oil Cal Un Tank .hth 1 (Un Airef Cp ~t- Un Air Lines .. - 115 | United Corp 7s United Drug >a {United Fruit .. 60 3:/Un. Gas I pf .. IU 8 Gypsum .. 98 'U 8S Leath A .. S Fine PF...

LL 2. | Bonds 52 2

Backstage Wife Stella Dallas Beautiful Life Police Court

Who Sang

Rainbow Trio Rakov's Or.

a » News Unannounced

LF ER BB 0 Ba

” ”»

£2 -150 95 03 0 89 rt in

T ” Yesterday Week Ago Month Age Year Ago Two Years Ago. 193% High . 86. 1 . 74. . 55.0 |0.1 . 9518 1004 108.7 100.2 90.0 84.7 103.2 93.3 1838, Standard Statistics Co.)

odar

DMN D mam”

aD ean

Bill Anson Tone Pictures Melodies Orphan Annie KEY NETWORK STATIONS (Subject to change): NBC-BLUE—WIJZ, 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, 776. fins MUTUAL—WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM, 850.

a March of Game Exploring Space

Castillians

30.1 |0.9 90.8 98.8 82.8 ie 100

81. 2

«83 . 89

=e ana wn

Intst

edn WSRKWR 19190519 | mt ts = v

Light's

Kennecott .e Keystone St]

Kroger G&B ... Paul Douglas

Lowell Thomas

138 Low High 7 Low 936 High

Low

93%

Dt pa

oan. 5 2 WD NN at b= Lov Ly et A ea a tw a!

1 192 1 1

138

U. 8. GOVERNMENT BONDS Treasury Bonds

High

Warner Bros Last 100.30 105.15 . 102.30 Mack 101 12 M: 101.12 M

Low

aeliet to — LOCAL LIVESTOCK

Hogs—Receipts, £000; holdover, 137; market generally steady; 160-250 1bs., $8. 80 - 250-300 lbs.. $8.45 8.85; 300-400 lbs., : Yal-18 lbs., [email protected]; sows,

600:

Auto Sup. Pac pf. West Union

CROSSWORD PUZZLE

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Wheel Steel .... 21 White Mot 12 White Sew M pf Willys Ovrind Willys Ovrind of Wilson of 40 Woolworth ..... Worthington ... Yellow Tr ow 31 Yourig 8 & W. Young Sheet,

OMESTIC } 18 Deserting one’s party) 19 Astraddle. 21 Sloths. & 23 In the middle of. 24 Still. 25 Electrified particle. 268 Note in scal& 27 Affirmative. 28 Single nam@, 30 Hastened. 32 To doze. 34 Knock, : 36 Afternoon) meals. 37 Policemen.) 40 Puppy. 42 Cuttle bone.y 44 Song for one voice, 45 Glided. 46 Long grass.) 47 Opposed to | short. 49 Honey gatherer.) 51 Within, 53 Unit. 55 Plural. 56 To accome) plish.

Answer fo Previous Puzzle

HORIZONTAL 1, 5 Ruler of Belgium during World + War. 10 Sewing tool. 12 Parrot. 13 Platter. 14 Pronoun. 16 Corded cloth. 17 Workman. 20 And. 21 Wing. 22 Musical note. 23 Hazy. 43 3.1416. VERTICAL 25 His daughter 44 Makes rough. 2 Bay. is crown ‘ 46 To repulse. 3 Low tide. princess o 48 Trees. wc 50 Falsehood. 470 Senure: 29 Part of eye. 52 Cylinder of 5 Morindin dye. 31 Singing voice. thread. ,68 For fear that 33 Pesisining 54 Measure of 7 Pieces out. to a cloth, 8 Musical note. 35 Writing tablet. 55 Languished. 9 Structural 36 Gigantic. 57 Wayside hotel. line. 38 To soften 58 His son is 11 Apportions. leather. King —— of 13 He was killed 39 Within. Belgium. by a fall from 40 Tumor , 59 His wife is the a . 4] Dower — queen. 15 Side bone.

— TS eipts, 2600; calves. i not hing done earlv on stronger asking prices; plain and medium heifers, cows scarce and fully steady: [email protected]; cutter grades mostly vealers around steady; bulk good choice, $10.50@11. Sheep—-Receipts, 2000: spring lambs, cents lower; bulk good and choice ewe an | wether wiih [email protected]. i FT. WAYNE, Sept. 20 (U, P.) | Steady ps 5 cents lower; 220-240 Ibs. $8. 30: , $8.65: 180-200 lbs. $8. 55, an : 160-180 lbs.. $8.45; 280-300 lbs., § 5; 300- 333° seo! 1bs.. $8.25; 150-160 1bs,, $7.75; 120-140 lbs., $7.50;

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y $8.50(@8.85;, good light packing sows, balances with Federal Holdings of U. S. Government ai | Money Soils lambs weak to wer; JU; nos Springers very slow; all reporting banks. eady: slaughier ewes, [email protected]. 1500; ment rose $15,000,000 at all report- | highly finished kinds, even prime Kinds heifer and mixed yearlings steady, but Demand deposits - adjusted York | loads early 311.504:12.60;, nothing done on | reporting banks. weighty Western grassers; best yearlings, vealers very scarce, steady «1000 in all reporting banks. Govern- aL 000. ‘porting banks. Deposits credited Y 4 P1372 72% v CHICAGO PRODUCE fonds, 21@21%c; spec! lals 22.47 83,

securities increased $41,000000 in| and uneven; 1l0@25c lower; top, $9.20; New York City, and $53.000.000 at! | bulk good and choice 210-260 lbs., $8.90 | 9.15; Reserve 87.858. 25; medium weights and heavies, ft 7. [Banks increased $115.000,000. Bo 7000; directs, 1000; | at 0a 1 ‘rect obligations increased $9.000.000 ‘on es, a he | lower; natives down Westerns, Holdings of obligati y 8 3 ons fully Cattie— Receipts, 8000: calves, very ing banks. Holdings of “other ge. 1 0% approaching Jewish holidays a bear I most other classes cattle under pressure, | creased $93,000,000 in New A common and medium grades; sizeaole Time deposits increased $25. 000,- | $21. 1.75; _ mixed offerings, $11.50; n; weighty sausage bulls,! | 86.504 Ww. 75; most stock calves and vearDeposits {banks increased $25.000.000 in New| to foreign banks were up $50,000.00 in New York City, and $55,000,000 Butter—Market, steadv receipts, 1.100.954 | gross Ibs. Extra firsts (90-9123. 25@ 25 ¢; standards, 25c¢:; cent. 3c. Market,

15; 2490-300 s., $8.75@9; most 170-190] » all reporting banks, while reserve | | 1bs., ; > c Sheep—Receipts, lsc lower; Westerns, [email protected]: rade in New York City, and $2,000,000 at | $7.75; best held higher; sheep about | st guaranteed by the U. S. Govern-| | dull on fed steers and yearlings other than Sie ts ish infiuence on shipper account; light | curities” were up $11,000.000. in- {prime steers held arouna $13.35; several | City, and were up $176,000,000 at all carryover from Monday, including ‘leshy heifers, all cows, weak; bulls, [000 in New York City, and $21,000.- | {ment deposits were down $10,000,- | lings, $88.75; selects up to $9.25. {York City, and $33,000,000 at all re- |; ;at all reporting banks. jextras (82) 2515¢; firsts, 23@ ic; Eggs- easy:

-Hogs

receipts, 24'%¢ cars, i9¢c;

5907 cases; I£SS than]

fresh graded firsts, cars, cars, 24c; ext firsts, {than cars. 3C; checks, | ceipts, 23c he 2012

. $8.53; “ > less 35; 325-330 current re-|sg 25: 140-150 Ibs., { 100- 120 1bs., $7.25; roughs, $7; stags, $5.50: jcalves, $11. lambs. $7.75. “eth IETTE, Sept. 20 (U. P.).— Hog | | England (pound vo. 8 lower: 160- 200 | Eng. (60-d. bill rate).

LAFAY market steady to 10 cents 200-250 1bs.. $8.60¢18.80: | Canada (dollar) $3 down: jrrance J (franc)

i1bs., $8.25 8.50; 1250-325 1bs., [email protected]: pigs, $10@ 10.50. | Italy (lira) cow Belgium (pelea)

| roughs, $7.50 down; calves, | Ger: many (mark?

(lambs, $7@ 7.50. | Germany (tr. mrk) Switzerland (franc). | Holland (guild) Sweden (krona) Norway (krone) | Denmark (krone)

A SAFE DEPOSIT

BOX IS LOW COST INSURANCE 9 Different Sizes

$3 TO $100 A YEAR Security Trust Co.

130 E. WASHINGTON REET Ri

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BONDS

receipts, 58 trucks: 14@16c: hens, 18 | spring chickens, broilers, 12@1%c;

121,

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New Business Books Available at Library

S. Weather Bureau

Precipi- State of Stations tation Weather South Bend Angola Wheatfield Rochester

Low 7

The following new business books are now available at the business branch of the Indianapolis Public Library:

PROFITABLE PUBLIC RELATIONS, by Bronson Batchelor. ‘Into the atmosphere of tension that today besets industry, an entirely new element has been injected — what the public thinks and why.’ THE THEORY OF INVESTMENT, by John Burr Williams. “Investment analysis until now has been altogether unequal to the demands put upon it.’

Chicago ! Stocks

Producis ..

Last Yea sl. 702,325, 38. 24

on '378.374,340 24 | Tatar ette .. 50

Cambridge city . Columbus Vincennes

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Bon Debt 38.398.287 482.12 & Gold Res 13,516.351.369.12

Customs .. 68.167,129.96 ' 99.527.812.31

INDIANAPOLIS CLEARING HOUSE Clearings | Debts

0 | Indianapolis Terre Haute .... | Ev ansville

$2,696,600 | 5,945,000

DAILY PRICE INDEX | NEW YORK, Sept. 20 (U. P.) — Dun & Bradstreet's daily weighted | price index of 30 basic commodities, compiled for United Press (1930-32 | equals 100): Yesterday «.ciccicsevsivisees 10485 | Week ASO .ccovisvivescines es 10449 | Month AO c.ccereevciceieese 10428 L YOO ABO v..cvviiviviinveees 23302 | 1938 High (Jan. 10) 1938 Low (June 2)

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THE MOST POWERFUL MAN IN THE WORLD, SIR HENRY DETERDING, by Glyn Roberts. “The oil kings of the world are today the most prominent of the forces that mine for war. A

ABOR CZARS: HISTORY OF LABOR RACKETEERING., by Harold Seidman. en craft selfishness gives way to class solidity, then, and then only. will the reign of the labor czars come to an end. FRIENDSHIP IN BUSINESS, by Robert E. Ramsay. How to advance from writing better business letters to being able to put on paper superior communications.

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Is the accumulation of funds for a down payment. SPECIAL-PURPOSE saving here helps many on this first step. If you have made this step, our advisory and consultation services are available for your guidance, without charge or

obligation. 4

LOAN ASSN.

IEEE]

« 8, Repae on Incomes Branded ‘Mirage’ by National C. of C.[:&igisisah | @20c; Leghorn hens. 13c: 14@17¢; roosters, 13m 14c; . turkeys. l4@2l1c. WASHINGTON, Sept. 20 (U. P.).—The U. S. Chamber of Commerce | . Cheese—Twins, 1115 in its weekly review today charged that the National Resources Com- | e Bt iz ral; demand. fair: mittee report on American consumer incomes was a “statistical mirage. ™ (Take, h oo, bi Northern’ Cobblers and “Statistical fantasies continue to ay $140 @1.70: Cotorado mae | be the order of the day in some umphs, $1.30; North Dakota Triumphs, $1; quarters.” the review said. The pg 10 vy gos 67 ee 298: latest proof is in the press state- nents, 3 ee ment of the committee on a thick | v and costly document issued at public U. S. STATEMENT expense under the title of con- WASHINGTON, Sept. 20 (U. P.) —Gov-| sumer incomes in the United States | ernment expenses and receipts for the cur- | | their distribution in 1935-36. | pared With 3 year ager: too 11. com | Noting that the report places the | Expenses .$1. ona) Toto. 39 income of one-third of American Teceipts .. 1,2 6 2 families at less than $780, two-thirds! Net Sa, at less than $1450 and 8% per Se) 0 less than $2500, it said: “Such assertions are pretty far from figures earlier used in atempts to impress upon us how poor we are.” | The review charged that conclu-| sicns in the report were based on! random samples of less than 1 per, ‘cent of the population, “and every| one experienced in collecting such data knows what this method means, not samples from average 6's families in each classification, but samples from the worst examples. “There is not a single sample from important areas for which completed data are solemnly proclaimed; for instance, there is not one sample from all of Texas or from any other | part of the southwest. | “The result is a statistical mirage, ! the creation of which there can be no justification.”

Far {01

MEMBERSHIP al CHICAGO. Sept. 20 —Arrangements have been completed for ihe, sale of a membership in the Chi-! cago Stock Exchange at $1500, unchanged from the last previous sale.

SALE PLANNED

imes R |

Indianapolis Bond and Share Corporation 129 EAST MARKET STREET

DERAL SAVINGS AND

(ACT FEL INDIRNRPOLIS,

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No. 2 Prices at ed - ‘Wadley oo