Indianapolis Times, Indianapolis, Marion County, 6 October 1938 — Page 25
PAGE 25
| daily rate last month was 56,015 tons | against 48,193 tons in August. There were 96 furnaces in blast on Oct. 1, a gain of seven in the month. |
\USE OF ELECTRICITY
THURSDAY, OCT. 6, 193% THE INDIANAPOLIS TIMES
-POINT RISE B Brokers’ Loans Ratio Down WHEAT FIRMS: |Porkers Lose
MOVES STOCKS CORN DECLINES | 15 Cents More; |
INTO NEW HIGHS AT CHICAGO PIT Vele™ “'"™® FUNDED DEBTS: ” stots] [the rise being chiefly accounted for t f electric energy for public use ale ed {by a 10-point gain in the Youngs-, Fgron United Sr totaled 112,General Baking Issue Up
{lishing the local hog market, prices . i | 045, 000.000 kwh in the 12-month on all weights declined 15 cents Files 50-Million-Dollar Issue town area, where operations now av- dr nl Ta 6 Points; Bonds Also Advance.
INGOT PRODUCTION RISES 2 PER CENT
Times Special NEW YORK, Oct. 6.—Following a slight decline last week, steel ingot]
eet RISES 6.9 PER CENT; | production is 2 points higher at 49]
i per cent of the country's capacity, WASHINGTON. Oct. 6—Produce
FIRESTONE CO.
VALUE OF ALL STOCKS LISTED ON N.Y. EXCHANGE coMPARED WITH BROKERS' LOANS N.Y. STOCK EXCHANGE)
3
~ 9
w “9
Buying From Winnipeg, | East Steadies Market; Oats Irregular.
from yesterday's s general top of $8.65 | With SEC: Due erage 55 per cent, and a 4-point| jer al Power Commission reported to=3 2 » ’ gain at Chicago, bringing the rate! day today to establish a week's low of | there up to 45 per cent. Production | : ’ to the Bureau of | In 1948. Total production in August, 1938, $8.50, according to in the Pittsburgh district continues| OIE IOIO0 KW: 5. compared Agricultural Economics. at 38 per cent for the third consecu- | | with 9 .278.000.000 kwh in July, 1938. Packing sows were steady to weak, | 7i
imes Special | tive week. ons 2 1 Iv from $7.40 to $8. Good grade | NEW YORK, Oct. 6—The Fire-| Pig iron production in September This is an increase o per cen argely m 3 | 750-pound heifers made
when compared with the previous $9.50. stone Tire & Rubber Co. today Loin pin RR wn we decrease of 4 De cent, Weighty sausage bulls stopped at |placed in registration with the Se- having been the highest since No- from the month of August, 19317. $6.50. | curities Vealers recovered yesterday's 50- an issue of $50,000,000 10-year 3!2
and Exchange Commission vember, 1937. The September total The generation in August was the cent loss in a gain of similar pro- ,.. cent debentures due Oct. 1, 1948. |
RORERS' LOANS
al
Pm AT — WS —
Rep abmentn,
- SUYTION NOTE ~ TIVIS SNYOT
STOCK YALE SCALE “BILLION DOLLARS
| |
Py! " = R— = | CHICAGO, Oct. 6 (U. P).—BuyTimes Special “ a fall of fisted {ing by Eastern and Winnipeg interBOSTON. Oct. 6.—The sharp rise in the ue of all stocks lis : % on the New York Stock Exchange during the latter part of June and ests steadied wheat prices on the Chicago Board of Trade today, after July was not accompanied by any material increase in brokers’ loans, lan irregular opening. according to the Parker Co. This means that much of this buying | At the end of an hour of trading
was for cash. wheat was up ! t to 1; cent, corn up
NEW YORK, Oct. Stocks rose fractions in the main list today and carried | the averages into new high ground for exactly one year. Some issues had wide gai cluding General Baking preferred at 138, up § and a new 1} Detroit Edison 105, up 6; Adams-Millis, 2272, up 41: and a new high; Case. 100, up 3° Columbia Gas preferred, 75. up 3, and Revere Copper & Brass A, 37, up 8. Building issues, motor shares and several of the rubbers and nonfer- | rous metals m new year TY &Cl
6 (U. © 3 points
ins. in-
hich
usa
i Qa
8166 8122
8.10 8.85
8.75 8 60 8.50 8.65 50
ade or longer. ive, Railroad issues wer re carried higher under the lead of New York Cen-' tral and Sout pert Railway ties strengthened. Chemic and aviation issues Sieels had gains ran 1
3 11s
ghs for wa
ie
very
ading 18
aqir S
— Net | Last Change 12 ‘s 662 Ys 10 I's
Low 12 6612 19 1's
High « 2 66 10 1's
1409 +318 —0.89! —0.59
Yesterday
. 135.16 -$ 7.50@
2
118.32; ” 2 ” 3. 194.40; low,
28 RAILROADS
2 9 Is 3 8 0°
3
o.
than : : .¢ Yesterday Bond Rise Checked ? ; Heavy profit-taking checked active advance in domestic corporation bonds after within striking yo ghs. Active buying pushe 1 to 3 points and more in the firs half hour, with a few selected issu scoring gains ranging to 8 pois, Realizing increased on the b however, and prices 1 tionally from Volume in more than
ion dolla
3 20% 28s 4874 21 ® Menth Age 1g Year Ago .... Snsaass 12 High, 193%, low, High, 1937, 61.46: low, 28.91,
13 UTILITIES
a
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had
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nce
prices risen i
” -”
— CATTLE— 820—
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The other principal attraction will new film. “Stablemates.,” and Joe E. {be a scene from “Missouri Legend,” | Brown, fresh out of the hospital, on |E. B. Ginty's story of Jesse James “Good News.” which Guthrie McClintic has produced. Patricipants will be Dean Times Special Jagger, Mildred Natwick and Jose
WASHINGTON, Oct. 6—A larger | F'eITer, in their original roles. hatch and increased market and] a oon storage supplies of poultry and eggs |
=] 19 nn a
33 QIST?
was 1680435 gross tons compared highest of any month to date in the 1 f total 1 _ : f all sbosks Listed | with 1,493,995 tons in August. The! current year. In August the ratio of total loans to the vaiue of ail § S 5 hind . on the Big Board was at the lowest point it has been since the early °° to off Is cent, and oats un- portions, sending the top back 10 gown, Harriman & Co. Inc. and (changed to *s cent lower. {the level of $11. |Otis & Co. are named as principal pares with nearly 10 per cent in the speculative heights of 1929. 3 . Large cash pAodaty together Te a negligible amount of new {the opening before better support covered part of the week's earlier represent the sole funded debt of the developed. Reports of dry conditions decline with a 25-cent gain under company and its subsidiaries. TONIGHT |school life. Arthur Clifford Gold= i resen hi id. ; E . a smith, however, is not duplicating he present thin market, the company sa had a Somtiuetive nauence. . held steady. { Firestone company from the sale of :00—Kate Smith, WFBM. Liverpoo whea Clos! strong. | ! these debentures will be used to re- ~ | Ezra Stone is repeating his stage Y | * N. S 0 C S i 4 of i foll i a ne i e $700--- (Foo News; JyiRt, ‘character of Henry Aldrich for the ) / K at the end of an hour, following the 33 & Rubber Co. of California 15-year : : . llead of the Chicago market. 5 per cent bonds which were called| 9:00—Workshop. WFBM. 'a Life” players include Betty Field (last seen here in “Boy Meets Girl”), | DOW-JONES STOCK AVERAGES ican wheat overnight was confined) :. $7.272,000 of the 20-year 5 per cent 38 INDUSTRIALS to small lois of Manitobas. 1 6 S. F. bonds of the Firestone Cotton the new Broadway season will grace | Also on the Smith hour will be trade remg&ined small. | (140-160) Good and i mainder of the proceeds will be used | during the regular NBC-WIRE | ter ‘Hampden, who'll play parts of Corn trading was very light. Some| (180-180) Ciood ang choice. to retire all bank loans and to pro-| broadcast. ‘his famous “Cyrano de Bergerac.” 1200-220) Good and 304 E as country offerings continued lib-| 320-230) Good ang choice.. 3.406 8.30 meme .| apolis favorites, Olsen and Johnson. eral. Local corn receipts today were 1290-300) Good and c = | They are to bring listeners a black-| Stars who have heen coaxed to Ei FORECAST POULTRY i | hg “Hellzapoppin.” This is the same with Bob Burns tonight are Fay WAGON WHEAT £25" Good revue, of irreverent title. that played Bainter and Donald Dickson, youth-1270-3501 Good 1 red. 6c, other grades on their merits. Slaughter Pigs— lexpanded to fit a £3.30 top price— |p. m., NBC-WIRE). An hour earlier Sash corn, new No. 2 vellow, 44c. Oats, | {but according to all reports, still as you may hear Wallace Beery and Larger Hatctant and Increased Market Supply Seen.
Yesterday Week Age : Month Age i Year Age High, 1938, Righ, 193%, ©
—Receipts Steers
2ar’s hig
w
CAPE
1 932, y thority said. This com- $ fall of 193), a little over ) per cent, the aw y Wheat dipped { to ': cent after! Good and choice fat lambs re- ;nderwriters. These debentures will ON THE RADIO curd ly causin Securities Jsuen, have Sub down She Junie OF sieeks largely 2 lin parts of the Southwest wheat belt a broad local demand. Lower grades The proceeds to be received by the .00—Rudy Vallee, WIRE. the play's material in the new series. Winnipeg wheat was about steady Sept. tire $5,555,000 of the Firestone Tire a 9:00-—Bob Burns, WIRE, [new air show, and the other “What By United Press | Export business in North Amer- for redemption Sept. 1, and to retire — Stars of two potential hits from Leah Penman and Blaine Fillmore, General interest in the local wheat! | Barrows snd Gite | Mills due March 1, 1948. The re-|the Vallee Hours guest list tonight gandmaster Henry Busse and Walchoice. selling by cash interests develoved | 1200-290) Gooq and choice. . vide added working capital. | Two guests will be your old Indian- | (250-290) Good and choice : , estimated at 538 cars. {out skit from their new revue, the microphone for an appearance 2 5-300) Medium {350- 4257 Good . City grain elevators are paying for No. | UPTURN FC FOR 1939 the Lyric last summer. It's now ful Metropolitan Opera baritone (3 (100-140) Good and choice... Medium .. cee : x {raucous as ever. {Mickey Rooney, advertising their Y. Bonds
1 “AED os te 13] O00 «VU af ie 1D BO = | be pot de
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1750-900) Choice 1950-1100) Cheice { 11100-1300) Choice (1350-1500) Choice { (900-1100) Good (900-1100) Good (1100-1300) 11300-1500) (750-1100) (1100-1300) (750-1100) 1550-750)
BOND PRICE INDEXES 20 0 Rails Util. 599 98.3 5 96.1 91 96.3 106.0 98.5 83.3 106.0 92.3 106.2 100. 0. 103.5 93.3 1938, Standard Statistics Co
VERNMENT BONDS Treasury Bonds
We Noo Oop oaW
7 ”
What remains to be told about {the commercial fishing industry |after Ernie Pyle’s columns on the subject, will be brought to you via You may have noticed that Joe CBS-WFBM on the “Americans at were cited by the Bureau of Agricul- Benes a SS nounaed 105 Work” program, at 9:30 p. m. tur y 5 There will be a pickup from the tural Economics today among the | Thursday, didn’t come off. But it pyjton Fish Market in New York. more important developments ex- will tonight—CBS-WFBM at 6:30 ‘where a trawler will be unloading jpecied in the poultry and egg situa- p. m. | some 50.000 pounds of fish, fresh out ent PoE 1939 : : 2 lof Nantucket Shoals. 6.00! Increases in consumer incomes, it! Now back to Broadway, for Kate 5.25| was stated, will at least partly off-' Smith's hour tonight also draws its | 475 set the price effect of the larger SUP- talent from the theatrical main| Reginald Stewart, | plies in prospect during the coming |stem. On her opening program last vacation, will lead = 0g | Year. week, Miss Smith sprang something | Symphony in its 23d NBC-Blue 6.50 Egg prices this fall have sive new when she inaugurated a new concert at 8 p. m. Soloist will be 25 | more than they usually do at this microphone serial. {the Canadian pianist-composer, Er- . 10.50@11. oo | time of year, and feed grain supplies; In case you didn’t hear it, the nest Seitz, in the Bortkievicz Con- . [email protected]| are plentiful and relatively low author, actors and principal char- certo. Mr. Seitz, you might like to 5.004 8.50] PT iced. The feed-egg price ratio acters are all from “What a Life.” | know, is the man who wrote “The therefore has been favorable to poul- the George Abbott comedy of high' World Is Waiting for the Sunrise.” trymen—-almost twice as favorable] lin September as a year earlier. This relationship of feed prices to! egg prices, the Bureau pointed out, | is expected to increase the number of pullets saved for layers and to re-| sult in a larger hatch next spring.
BUILDING AWARDS SHOW LARGE RISE
Increase 15.6 Per 6 Per Cent Dur- | s: ing August.
7
J
60 Bonds 81.6 R32 RO. 1 88.8 5.5 82.8 0.3 100. 81.
; lew, 19.65.
w “mw “me
Yesterday Week Ago Month Ago .... Year Age Two Years Ago 93. 1938 High 1938 Low 193% 1937 Low 1936 High
o
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Net Last Change 31 1 y on
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Low 303% S's
High 31, S
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Medium Medium Common Choice
Heifers
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Good Medium Common
(750-900) (550-900) (550-900)
8.00@
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All Weights— Good" .... Medium Common .. Low cutter and cutter Bulls | Yearlings Excluded— 0 (All weights) Good (beef) (All weights) Medium Cuiter and common Vealers (All weights) Choice (All weiglits) Good ..... (All weights) Medium... Cull and common .
3 1 2 3 }
BB RRB Rr EEN
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back from his the Toronto
extended ? York, Chics issues weakened to OW early 7 points. Abitibi 3s of 1933 rose guze high
~
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but Federal Farm Mortgage Bonds 1949-44 ..106.18 106.18 Home Owners Loan Bonds 1949-39 102.20 102.20 1944-42 104.5 104.5 FOREIGN BONDS
Calves
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—Receipts, 407 — Choice 104.5 | Goo | Medium Common ....
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8.25@ 5.00@ 3 5 3.50@
20109) THIS EVENING (The Indianapolis Times is not responsible for inaccuracies in program ane nouncements caused by station changes after press time.) INDIANAPOLIS INDIANAPOLIS CINCINNATI FBM 1230 WIRE 1400 WLW 00 (NBS-Net.) (NBC-MBS) (NBS-MBS) Let's Pretend
Tea, Tunes
ANAK LNA Ww
23s {2's | Pac Coast 1 pf wre | y j Packara 3 5 vl { Paramt Pict .. : 3 : . 3 {Para Pic 2 pf.. 'Argent 4s 72 gern | Parke Davis +] Australia 5s 55 Pen & Ford Austria Ts 57 s Penn D Cem [Bi 6las 49 {Penn RR . {Berlin C El 6s 55 | Pere Mat pf | Canada 4s 60 . | Pet Corp Am | E202 515s 45 . { Phelps Dodg 1g {Denmark 4!':s 62 Phil Morris ig French 7lzs 41 Pitts Stl »f {German Ts 49 .. Public Serv | German 5's €5 Pullman German 5'2s 65 unst Pure Oil ‘ Italy Pu Util 58 32 .... 61 Pure O 5 pf. Italy Ts 31 Purity Bak Poland 7s Poland 6s Tokyo 5':s 61
Alleg Corp 5s o Y = Am TT Medium :
B & O 4! Common ) 6.00
- wo
30 wo
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ular ari ranging to 4-32 poi tered, gains ext Jered to
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Last 81% | 1044 2812 10334 2615 | 109%: | 8734 993, 1067 > | Heifers—
(550-750)
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Feeder and Stocker Cattle
(550-750) Good and choice.. (800-1050) (500-800) Good (800-1030) Good (500-1050) Medium .. (550-750) Goo 2nd choice. .
»
7 CHICAGO WGN 720 (MBS-Net.)
Harold Turner Lawrence Salerne Melody Time Shelley’s Or.
Melodies Weber’s Or. Harold Turner Orphan Annie
Sweet & low Concert Or. Bob Elson Inside Sports
© to oot ’ wn Now Ww
6s of firm
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Hannah Jamboree Jack Armstrong Paul Sullivan
Don Winslow Orphan Annie Denton & Barber Lowell Thomas
Amos & Andy Varieties Don’t Believe It Inside Sports
Rudy v allee
I. U. Program News Unannounced Happy Jack
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4:30 4:45
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Fraser's Or. Weber Or. Dick Trzev Charioteers
q7.00@ Science Prog.
6.00@
Good and choice. . Common. medium
Sheep and Lambs —Receipts, 819—
«100 oD OD
W Bohm
Noha A Sa
3
RISD wa DWDON 100
LIND V0 bh a] ED a] Cd AT DO 205 af bi hk he 3 4B IN
191s Uo
] Crossroads News Screenscoops Joe Penner " .
Easy Aces Vocal Varieties Democrats Newspaper of Air
Rudy Vallee
”» »
|
8.50 8 25
the mq ctive trading in m than three months. Gains than Transactions in the proximated 130.000 shares, since June 30, and compared with 64.000 vesterdav. Babcock & Wilcox, at num Ltd, at 129':, and Iron & Steel, at 9. were 1838 highs on fractional gains Pittsburgh Plate Glass hed new 1938 peak on an advance of 11%: points Mining
ities were
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Paul Sullivan Sweet Adeline Brigode’s Or. Snider's Or.
Moon River
Amos & Andv Headline News Himber's Or.
News Callowavy's Lucas’ Or. » 5
Safeway . t Jos 63 Schenley Schulte R i Scott Pap {Sears Roebuck Serve! Inc > (Sharon 8S H {Shell Un Oil.. | Silver-King
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Little Jack Barrie's Or. Strikes & Snares : » S. Kaye's Or.
Hudson's Or. Martin’s, ,or.
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Review Hines’ Or.
FRIDAY PROGRAMS INDIANAPOLIS CINCINNATI WIRE 1400 WLW i008 (NBS-MBS) (NBS MBS) Roundup Checkerboard Devotions Pa & Ma Musical ,Clock
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Advance Alum | Bendix Aviat | Borg-Warner Cent & SW Ut 2 [Cities Service ,® i Comwlth Edison ! Rubber Shed ad s {Gt Lakes Dredge........ ie | Goodyear T& | | Boudaille. HB : | Kingsh Marchal | Merch & Mid West r Montg Ward & {No'west Bancp Quaker Ost S . | Swift & C : { Trane Co | Utah Radio Prod | Walgreen Lo Wieboldt Stores Zenith Radio
\ CHICAGO PRODUCE
. | Butter—Market. Sead 904.111 1.gross lbs.: extra fuss. 5-911 2). @25'sc; 2 | extras, 192). 5!ac; Rss. S31 v0 335 4c. 3 !seconds. 2214c; specials, (93) 2535¢: stand- : ards Sser cent, (88), 23'ic. cent, (89), aC +] Eggs—Market. firm; receipts, 2793 cases: 4 fresh graded firsts, cars, 25':>c: less than jcars, 24'>c; extra firsts, cars, 263ic; less 8 (than cars, 26c: checks. 19¢; current re(2jceipts. 23'zc; dirties, 20'-c. . i: Poultry—Market, firm: receipts, 47 2 trucks; ducks, 14@15c; geese, 13@15¢: ;*ihens, 15@18c; leghorn hens, 12@12!.c; 4 spring chickens, 131;f@16¢c: roosters, 12'>@ { 13'%5¢; broilers. 13@iic: turkeys, 14@21c Cheese—Twins, 13':@131.c: daisies, 13'2@ {1334c: longhorns, 13'>@1334c.
=
Today's Business At a Glance
GENERAL BUSINESS Engineering construction week ended Oct. 6 reported by Engineering News-Record. $67.954.000 _ vs. $49,229 000 week ago and $48.830,- Eee 000 year ago. Bes B= SEH; EP & CORPORATION NEWS Ene Eri Engineers Public Service Co. and & subsidiaries net income 12 months Exocellended Aug. 31, $3,709,337 or 72 cents on conxnon vs. $3.379.662 or 53 cents Fu Fo preceding 12 months. Firestone Tire & Rubber Co profit for nine months ended July 31, $4222375 or $1.10 on common. g Net profit quarter ended July 31, $1.792,638.94 56 cents on common. G General American Investors Co.. Ge n net assets Sept. 30, $10.77, on common vs. $8.21 last Dec. 31. G. C. Murphy Co. sales for tember, $3,307.848 vs. $3.334.332 last vear, a decrease of 8-10 of cent. Nine months sales, $27
3 Cu ht i 1 03 DA ABD NDI eb DUNIIDOD
»
CHICAGO WGN 2 (MBS-Net.) Silent Good Morning California
INDIANAPOLIS WFBM 1230 (NBS-Net)
Early Birds
3
3 1
3! 2:2 5! 13 8 7 | 53 30 {South Rv pf 2 ‘15 Spalding ‘ Sparks With.. Sperry-Corp Snifgel Inc
30 16%
135: 5'2 634 f
Merrymakers Peter Grant Gospel Singer Unannounced
1 Music Box it ”" ”» ” Ja 's
Go To Town Myrt & Marge Hilltop House Linda’s Love
Riley
Good Morning Carolyn Price Good Morning
New Carl Baker Highlights Amanda Snow
Mrs. Wizzs Other Wife Plain Bill : Woman in White
David Harum Lorenzo Jones Widow Brown Ensemble
Richard Maxwell Montana Slim News Apren Sirings itty Kelly yrt & Marge Farrell’s | Kitchen
5 sy 183s 16's 0 172 9 23a
$7 90:
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Party Lin Petty Crocker Get Thin Mail Box
Melodies Bachelor Don Pedro Painted Preams
Manhatten Mother Harold Turne er Quin Rya Man on Street
Crayne & Joyce ” ”»
Markets Services Harold Turner i Like Ladv_ Answers Melody Time
Romances June Baker Stokes’ Or. Harold Turner
Your English Boy Meets Girl Margery Graham re wi aemwentet
Jonis Rich Len Salve
Anniv,
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calves,
tO hn
Courageous The Goldbergs
Julia Blake ye 3 Sade
Road of Life
Editor's Daughter Thee O'Neills
Farm Hour
Ston Weh Studebaker . {Sunshine Min ..
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Unannounced Smilin’ Ed Happy Gilmans Beity & Bob Grimm’s Daughter Valient Ladv Betty Crocker
Mary Marlin Ma Perkins Popper Young Guiding Light Kitty Keene Midstream Beautiful Life Man of Mars
Headlines
Wire Reporter Voice of Experience
Betty & Bob Grimm’s Daughter Valient Lady Betty Crocker
Horse Talk V arieties
| Thompson Pr .. 1 { Thomo Star . | Tide W A Oil .. ITimk-D Ax .... 1 TINE RB... i Transamerica .. Tr & W Air ...
ew Stepmother Bohemians
Irene Beasley Minstrel Men Unannounced ” "
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Svyncopation = » "
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Und El Indpls P&L Co 6':7%
: | : {Sno B P .. 97 : a Potatoes—Supplies rather ‘heavy: demand i AO RE
- 1 J | et un BX os § : 2! 2 fair: market, steady; Idaho russets. SI 25M J$ngoln Nat Life JE oo com Un Air Likes .. 14/1500 Colorado red McClures, $1.51 30: 2% pf. . | United Corp... *s | Wisconsin cobblers, 85@90c; North Dakota xN Ind Pub Serv 67, pfd ah { Unitde Cp pf | triumphs, [email protected]: cobblers, 95¢c; Minn- | xN Ind Pub Serv Co 1% pid.. {un Gas Imp ... esota cobblers, 85c. Progress Laundry Co com ... Pub Serv Co of Ind 7, pfd
Varieties ”» ” ”» ”»
Backstage Wife Stella Dallas Beautiful Life Girl Alone
2 goa Sil © Sep-| ged Revue
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Beth Stl 3t,s 52 ..... 93', 951, 951, Ewes— | «Can Na Ry 4!os Good and choice 50@ 2.00) Can Pac 5s 54 Common and medium 1 | Chi Bur ou 3s 1 3 1 1 41>s B17 .. | Times fpecia johey Sn Ter 5313 ..-. av CHICAGO LI LIV ESTOCK | NEW YORK, Oct. 6.—After a set8412] Hogs—Receipts, 13.000: directs 3000: |} i 1043; | palQRt—Receipts, 13.000: qJirects, 3000: back in July, building contracts, §3,, |lower: top. $8.70: good an dchoice 210- 280 awarded in the field of private en-| 9'21bs., $8.45778.65: 160-190 lbs, $8.256:8.40; 96's lunderweighs and good pigs. 8750008 15" | terprise, rebounded in August and] 82'4 lgood light packing sows. $7.90% 8.25: | meu weights and heaves, $7 War 8. {reached the highest monthly volume | | 10: 15 ts a i a SS eLrITIIgS active” stiong i5: this year. The increase from July to] 10; J cents higher: top natives, $8.40: bu $8.25 down to $8. good and choice vearlings,| August amounted to 156 per cent! n: 00 $ a6 50. goheer. firm; most active ewes. | despite the fact that the usual sea- Ji: 3 Cattle Receipts, 5000: calves, 1000: Sonal trend is downward. [11:45 | Qoive steers ‘and yearlings v ery Scarce During the last 13 years, building | s 8s broa 2:4 | supply too small to fill orders. top. $1325: contracts showed an average de2 | few loads, $11 se 75 oS strictly choice! crease of 1.3 per cent from July to “4 | vearlings Vv a s 3 dium and good selling at 87.50410 30. August. Although contracts in| a {these fully Steady: cows generally steady | August were still below the level of | u est action on cutter grades. no choice | (fed heifers in Joay lots: odd lots up $1050/a year ago, the decrease amounted | , lan etter: market, firm: weighty sausage { » 74 | bulls steady: practical top. $6.60: Ii | on 4.7 per CI kel : a > : | weights, weak; vealers. steady: mostly $11 oth residential and nonresiden-| : fi own 3 : » SI WAYNE Oct. a | tial contracts rose in August to new ei 220- 240 “ma $8.50: 2200-2 20| highs for 1938. As compared with; . $8.40: -2 S.. 5 0- Th -| 160-180 Thc” 8.15: 260.280 The. $6.2 | the volume a year ago, however, res 580. 300 lbs.. $8.15: 300-325 lbs 05: 305. idential contracts made a much bet- | 350 Ibs. $7. 2o- 150: 15 Wye 120-140 ter showing than nonresidential con- | —- ! s. $7.25; stags. $5. 90: s11; | tracts. Residential contracts were | 3:15 8. 24.6 per cent larger than in August 943 last year. It was thus entirely the --° 4 LOCAL ISSUES result of a curtailment in nonresi- | 10:7 Taweriown The following qustations do not repre- dential contracts that building in 3 By Se Fe oonl bios, or SHoines, but merely August failed to reach last year's en Webri 3 rx eve 3: 3 ar ride based on buying and selling inquiries of volume. Nonresidential contracts 15 one Beasley recent transactions: were 30.8 per cent smaller than a 11:30 Farm Circle Stocks year ago. :45 Market Report Bid. 100 Bohemians Belt RR & Si Ta com ..... ft 3% |} 5 s elt & Stk Yds p : ‘30 Cent Ind Power 7% pfd ...... 19 5 STATE FIRM GETS 45 Hons Pray Fi Wayne 77% | 00 00 rugs Inc com 10 Y Ing & Meh Elec DETROIT COMPANY Ind Gen Sve Co 67% i30 Ind Hydro-Electrie In jnie Gas Carr, Lor Timez fRpecial Ss : o 6% ‘ D p DETROIT, Oct. 6.—Robert Mitchell, president of Brown Rubber Co. of Lafayette, Ind., announced today the acquisition of controlling interest in the Composite Materials Corp. of Detroit. This corporation manu-
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74; on track, 371; shipments, Hannah Unannounced
s. $28591 816 same period la a decrease of 3 6-10 per cent. Petroleum Corp. of America as-
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Petroleum Corp., ny 26. Philadelphia Co.. Aug. 31, profit $6531.891 vs.
289 preceding 12 months. DIVIDENDS
American Machine & Foundry Co.. 20 cents on common payable Nov. 1 record Oct. 15. International Cigar Machinery Co.. 50 cents on common payable Nov. 1 record, Oct. 15.
(Copvright. 1938)
$9,140,-
Curb Stocks |
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rencies:
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* VOTE 15- CENT DIVIDEND
NEW YORK, Oct. 6.—The Board (of Directors of Incorporated Inves-| tors voted that a special dividend of | 15 cents per share be declared payable Oct. 31 to shareholders of rec.jord Oct. 5, representing a partial
distribution of coli during the ie H's
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FOREIGN EXCHANGE 3:
{U. P.). —Following major od
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realized Hes Jo date
7 | Gold Res
Spanish, 75@90c.
Arrivals, 21.
U. S. STATEMENT
WASHINGTON, Oct. 8 (U. P.).—Government expenses and receipts for ihe current fiscal vear through Oct. 4, compared with a vear ago:
Pub Serv Co of Ind 67, pfd... : So Ind G&EIl 13 vid .. T Haute Elec pfd Union Title Co com . Vaa Camp Milk Co pfd Van Camp Milk Co com
Bonds
This Year Expenses Receipts y Gross Def Net Def .. Cash Bal . Work Bal Pub.
1,561,430, 480. 41 1.709,508,228. 38! 344, 580,371.7 314.353, 221. 71! 2,957.130,838.57 | 1.112,321,552.16 12.752. 902. 421, 44 120.631,353.06 |
2.944.367.653.28 2.341,217,647.09 Debt 38.427.019.569.13 -13.,801.861,783.€9
Customs £3,895,959.93
INDIANAPOLIS CLEARING HOUSE
| Ggarings .$2.999.000 hits .. oy ciresiae.....87.805.000
FOOD PRICES
CHICAGO. Oct. 8 (U. P.). Michigan Weslthies, bu., $1.25. | tatoes—Tennessee. bu. hampers, | Carrots—Iilinois, bunch, 12a 3c. ach — Illinois, bu., 304 60c Michigan, 12-qt. baskets. 55@ 396 | lower—Colorado crates, [email protected]. | —Caiifornia hampers, [email protected]. higan highball crates, 40@ 50c. Mie 3t 150-1 sacks TR 40@65c. Idaho Whites, $1.05, Wist Colorado Spanish,
— Apples — Sweet Po60@ 75¢. Spinmatoes CauliPeas Celery Onion vellows, Idaho Sweet consin Yellows, 60@ 5c.
DAILY PRICE INDEX
NEW YORK, Oct. 6 (U. P.).—Dun
Tc.
index of 30 basic commodities, compiled for United Press (1930-32 equals 100): Yesterday ....... Week Ago ...... Month Ago Year Ago 1938 High (Jan. 10) 1938 Low (June 2)
. .e
104.61 105.22 104.46 129.94 117.06 102.43
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A SAFE DEPOSIT
BOX IS LOW COST INSURANCE RENTALS $3 to $100 A Sesurt PLUS TAX
& Bradstreet’s daily weighted price f
Amer Loan 5s 46 Citizens Ind Hel 41s 61
st Yea $2,332,563,917.00 $2, 054, 088, 600. 15| Crabbe Revnolds- Taylor 53 42. Of Ft W 55...
Home T&T Ft : Home T&T Ft W 675 17... Ind Assoc Tel Co 47% 1 [Inter Tel & Tel 5':% Indpls Ry Inc 5 67 Indpls Wat Co 32 %
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66
50%
Kokomo Water Wks Kuhner gf oceing Co 4127, 50... § Morris 5 & 10 Strs 57 60 ... Muncie Water Wks 5% 63 .. Noblesy Ht L&P 6'27 47 ... Ohio Tel Svs 67 47 ...... Public Tel Co 4!2% 55 Richmond Wat Wks 3c 57 ... Sevmour Wa‘er Wks 57 jo ...100 T Haute Water Wks 57% ... T Haute Water Wks 67% 49 ... Trac Term Corp 57% 57 (By M. P. Crist & Co.) xMarket St. Investment Corp.. 24.65 26.48 xDividend
LOCAL PRODUCE
Heavy breed broilers, 2 lbs, and over, 12¢; Leghorn hens, 12c: heavy breed hens, and White Rock springers, 12¢; colored springers, . Leghorn broilers, 115 bareback broilers, 8c;
oh
Ibs. 10¢:
0. 1 strictly fresh country run eggs. each full case must weigh 55 Ibs., : a net deduction of 15 cents for each case under 55 Ibs. will be made; pullel, eggs. 15c. Butter—No. 1, 28@28':c: No. 2, 26c¢. Hutter fat— No 1, 21c 2 (Prices Quoted by Wadley Co. )
25'2@ 9¢
Paid Political Advertisement
Radio Tonight
Democratic County Committee
Station WIRE
IE SE tn Go.
6:30 P. M.—REG. SULLIVAN IN THE FORUM
5:55 P. M—WALTER A. SHEAD
factures a patented rubber-based, sound-deadening material which sprayed on the interior metal panels
of automobiles. The corporation has |
leased a plant from the Carborundum Co. in Detroit for the manufac- | ture of its product.
PUBLIC DEBT SOARS TC NEW RECORD HIGH
WASHINGTON, Oct. 6 (U P).—
tive record day—the Treasury disclosed today. On that day the debt stood at $38,427,019,569, surpassing the record established on Oct. 3 by about one million dollars. At the same time, the Treasury revealed that its monetary gold stocks soared to a new all-time peak of $13,801861,783. This represented an increase of more than one billion dollars within a year.
PROPERTY MANAGEMENT*
% Supervision of your property to assure adequate return on investment and to safeguard the principal by keeping in touch with all conditions affecting valuation, is the specific function of this department.
Fidelity
Trust Company
123 East Market Street Member Federal Deposit Ins Corporation
The public debt reached a record. {high on Oct. 4—the second consecu- |!
I. U. Program Want Te Be News
Tea Tunes Jack Armstrong ” ”
Seng Shop Paul Sullivan
Happy Jack 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, 770. MUTUAL—WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030: WSM, 850.
Colonial
Savings & Loan Association MEMBER FEDERAL SAVINGS & LOAN INSURANCE CORPORATION 28 South Illinois St.
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Monday, Wednesday, Friday
Presented by the Bakers of
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LTSBREAD
AING, COMPANY
