Indianapolis Times, Indianapolis, Marion County, 17 October 1938 — Page 15
“ON THE RADIO
TONIGHT contract, went to Hollywood, mat 7:00—Al Pearce, WLW. ried and has yet to appear in a pic 7:30—Margaret Speaks, WIRE. ture. 8:00—Radio Theater, WFBM. In addition, Mr. Cantor is going 9:00—Guy Lombardo, WFBM. to interview Mickey Rooney. |
IS NOTEWORTHY, i= AYRES ASSERTS) rm-site Suimormm” |= = 50 =
Hog Market Rises 10 Cents On All Weights
“|WHEAT PRICES BUSINESS GAIN IRREGULAR IN
LIGHT TRADING
NYsr OCKS
By United Press .
DOW-JONES STOCK AVERAGES 30 INDUSTRIAS : Greve csironveoe 151.96 cenvisieu asia it 149.55 .. 134,10
UTILITIES HOLD GAINS IN HEAVY PROFIT-TAKING
wR
, Net High Low Last Change 12%a 12% : +. 0.51 % — 0.20 + 2.9 —10.57
Saturday Week ago Month ago .......... Year ago
Anems C or Tao 1% w Allie & Chem ...196 Allied Stores 11% 4ilis-Chal 559
- ESS
— Coppers Make New Highs as :
Steel, Autos Decline; Rails Recover.
NEW YORK, Oct. 17 (U. P).— The stock market absorbed heavy profit-taking today after a boisterous opening in which blocks of utility and aviation issues ranging to 30,000 shares were traded. New highs were made by both groups. Coppers also made new tops. At i the outset, the remainder of the list was quiet and irregularly higher. Then, when tickers were running late in the rush to buy utilities, those who had big profits elsewhere unloaded. The result was a decline of fractions to more than a point among recent leaders in the steel and automobile sections. Utilities had initial gains ranging to 3 points in some preferred issues. They eased from the highs but held part of the rise. The same was true of aviations and most coppers. Around noon U. S. Steel was at 64, off 12, and Chrysler 802, off 14. Recoveries from the lows were noted in most rails. Bonds worked irregularly higher in quiet early trading. Utilities were favored in the domestic corporation list, but buying was light in contrast to the spectacular activity of power and light |S company stocks, and prices advanced only fractionally. Commonwealth Edison and Portland
General Electric bonds led the early |g
upturn. Rails and industrials steadied in a dull trade. U. 8. Government obligations moved up 1-32 to 3-32 points under moderate support. Foreign dollar bonds were quiet and steady. Utility shares advanced to further new highs for 1938 in the heaviest buying movement on the curb this year. An opening block of 35,000 shares
in Electric Bond & Share common |Eng
tumbled out in the tape at 157%,
up 21; points and a new high. It|p
held narrowly around that level subsequently. Preferred stocks of the company had gains ranging from 1 to 1% points. American Super Power sold in an initial block of 11,000 shares at 1, unchanged and then rose to 11%. Other active utility shares met
ey
. pubs oo
Pw& Lt TY Am hes 5 pf A. : 185 A Boil van . 1915
A Sale Razor. 1774 an Sm 5:
Lad andd
Am S
Am Am
0
Arnold Const
Ii : 39
I Corp. .
Loco ct.. 113 Ohio 8% Asphalt ih Cig ve a Nee 2508
5 pf 17% ) Dr pa
- FEEL EHR BERR ED DERE LEE ELE RD
Callahan, Zine . 2Y2 Calumet & H.. 10% Can Pacific .. 61a Carriers & Gen Celotex - Cerro de Pasco 59° Siriain teed 5 32 amp Pap p Shes. & & Ohio. . & Ry..
Chr 1 » ysler City I om, P-P Colum Gas .... Com Credit .. Com Solvents Comwlith Pais Comwlth & on Cons a 3 Cons Cig pr Cons Edis Dr” Cont Bak B.... ont Mot ... Cont Oil Del... QCrane Co .....
30% Ro: 38% 58% 39% Du Pont 149% 149} js Duques L pf...118 A 115 ye #
—f— Elec Boat fat . 113 Re Pwr & Lt. 14 1 Pw&L $6 bt. 41Y, a Pw&L $7 pf. 461% End gonns, 2 -108%%
TY Fo Lt & T nf 82
11%
—
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Saat
82 28% 25% 27%
Gamewell Co ... 18 Gen Am Inv ... Gen Cable .... Gen Electric ... Gen Foods Gen G&E A Gen Gen Gen T & R
18 gs
Saturday Week ago ......
Saturday Week ago ....
Year ago
teyn Tob . Richfield oil ..
Jos
Texas Cor Texas Gul Brod T & PC& O .. Thompson Pr .. Transamerica oe-1
20th Cent-Fox ve
Union : &EP Unio arb Un in ‘Cp. Un Air Lines .
Vahadium
Walker (H) Yaiworth
48Ys Wright "Acro .. 113% 8 Yee
Month 2g0 ........ Year 280 ...civcvvnraen eeees 30.55 High, 1938, 32.33; low, 19.00. High, 1937, 64.46; low, 28.91. 15 UTILITIES
Month age ........ Cenwsens seoniavs ev 10.84 High, 1938, 24.63; low, 15.14. High, 1937, 37.54; low, 19.65.
1 ——— x it. .100% 48% . 17% . 19% Ys 49 . 19% 137% 185
4% 26%
13%
47%, 67% 4
High Low —R—
Ts 2% 2Y2 19% 19Y2 441, Va
19034
47% 9 67
98 Ya
High, 1938, 152.46; low, 98.95. High 1937, 194.40; low, 113.64. 20 RAILROADS tesseessenne seseeas 30.86
. 24.63
Last
Net Change
hk 3451
[+4++:
Strong Stock Market, Lack Of Rain in Southwest Do Not Affect Trade.
CHICAGO, Oct. 17 (U. P.).—
Wheat prices were irregular in light mixed trading at the opening
today. Wheat was up 1% to off 1% cent, corn unchanged to off % cent, and oats unchanged to up 1% cent.
after early firmness based on poor Australian conditions and smaller shipments to the United Kingdom
4 |in the past week.
Local trading was mixed, with no definite trend in either direction. Continued lack of rain in the Southwest winter wheat belt
tle noticeable effect on the market. The undertone was easier in corn
levels under scattered pressure.
WAGON WHEAT
ain elevators are paying for No. + Tor fhe: other Rages on their merits. Sash corn, new No. 2 yellow, 44c, Oats,
LIVERPOOL WHEAT By United Press
8 (U. 8. Ele Based on Sterling at
Prev. Close $ .73
.68 .86%4 66%
ov $ Te 186%
86% 86%
Curb Stocks
Net High Low Last Change 3% 37 1° 1a I ak fy wi iw ’
Aero Sup Alum eo
HH
& = DLIWO 00. 3 Ne . . oe
== DDD 5
Raa
ea 22 a ON . :
—
a pa ®
on the Chicago Board of Trade $8.50.
Liverpool wheat turned irregular
and a strong stock market had lit-|
: »| Packing Sows—. sland prices approached seasonal 10W | (gus 300: Mrec
| (550-900)
All weights of hogs advanced 10 cents today in the local market in a further.upward reaction’ from last week’s severe break, the Bureau o
Agricultural Economics announced.
Top price for 190-200 pounders was $7.70. Vealers declined 50 cents to $1 with top price generally $10.50. Some choice sold. at $11. A’'car of strictly good yearling steers made $11. Most heifer sales ranged downward from
Fat lamb prices remained unchanged at A. -
LOCAL LIV LIVESTOCK
t Statistician Finds 14-Point
Climb Surpassed Once Since 1919.
CLEVELAND, Oct. 17 (U. P.).— American business has made its second greatest spurt since 1918°in the third quarter of 1938, despite little aid from the automobile industry, according to Col. Leonard P. Ayres, vice-president and statistician of the Cleveland Trust Co,
The 14-point advance in indus-
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275-300) Medium .ocecoees. { 35-500) Go
BPI3 333333 Sees NNO
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(270-350) G0Od seveeereevace Slaughter Pigs— (100-140) Sood and choice. .
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(150-800) Good ....... (550-900) Medium ... Common .,.
Cows
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All Weights—
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988
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Calves —Receipts, 450— (250-400) Choice Good
3,5 nos aod ors sh Crch mot ASSH
Feeder and Stocker “Cattle el and choice..
ow
DD
(500- -1050) (550-750)
Heifers— (550-750)
um ood and choice.. Common
SM 2310-1009 DO
oo oaune 38 383838883
00 689
Good and choice. . Common, medium.
tember, as measured by the Federal Reserve Index, was “so exceptionally
? rapid,” he said, “that it has been
definitely surpassed only one three-month period since the index
%| was initiated in 1919.”
The summer of 1933, when the NRA “inflation boom” was under way, resulted in a swifter recovery trend, he said. “This exceptional strength of the current advance is especially noteworthy,” Col. Ayres said, “ in view of the fact that it has so far re-
motive industry, and not a great deal from construction, despite the fine showing that new building is making.” The output of new automobiles to replenish depleted stocks of dealers virtually assures continued recovery in October and November, he said. “It seems probable,” he said, “that the degree and duration of business improvement in this recovery period in this country will depend primarily on the volume of the flow of new capital into business through new issues of bonds and stocks, and in some degree on the expansion of bank loans to business undertakings.” Col. Ayres said that the volume increase of new capital ‘issues for expanding enterprise . had. been good” in 1938, and the amount of refinancing of old issues had been “considerable.” The national income has turned upward, he said, with an advance of nearly 3 per cent since last May. Discussing the present dispute over a proposed 15 per cent wage cut affecting 1,000,000 railroad workers, Col. Ayres pointed to the workers’ argument that the roads could at least sustain current pay scales by reducing expenditures for dividends and interest.
ceived little support from the auto-
Apostolic. benediction on the Eucharistic Congress in session at New Orleans at 12:30 p. m. tomorrow over CBS and NBC-Red network stations, It is expected the Pope will speak from the broadcasting station in the Vatican. ” 8 8
Two thousand General Electric dealers and their guests are to attend the broadcast by Phil Spitalny and his All-Girl Orchestra in the Murat tonight. The program will be the regular NBC-WIRE broadcast heard weekly at 8 p. m. on Mondays. Nine technicians, including announcers, production manager, sound engineers and script writers, will be here from New York and Chicago for the occasion. The voice of Dorothy Thompson, the program’s news commentator, will be “piped” in from New York. » » »
Former President Hoover will be heard for an hour on NBC-Blue at 8 p. m,, speaking before the Connecticut Women’s Federation of Republican Clubs in Hartford.
2 ” ”
The NBC “Music As You Desire It” broadcast tonight will offer a recording of Rachmaninoff’s Second Piano Concerto by the Philadelphia Orchestra, under Leopold Stokowski, with the composer at the piano. For the rest of the week you may hear recordings of Beethoven’s music, with Ighace Paderewski, Artur Schnabel, Albert Spalding, and Yehudi and Hephzibah Menuhin as soloists. These programs are heard nightly except Saturday on WENR at 11 p. m, and on WTAM at 10:15 p. m. 8 " 2 . A typical family from Muncie, apparently destined to be the typical American town, will be heard in NBC-Red network broadcasts from New York at 10 p. m. today, Tuesday, Wednesday and Friday, and at 10:15 p. m. on Thursday. The Craigs (first name not given), father, mother and two children, are guests this week of Dr. William J. Reilly, president of the National Institute of Straight Thinking. They will be interviewed nightly by busi. ness and. civic leaders. » » »
Eddie Cantor’s protegee to be introduced on the comedian’s CBSWFBM broadcast tonight is none other than Betty Jaynes, the childprodigy soprano of & couple years ack Miss Jaynes made her Chicago Opera debut at 15, signed a film
hit, “Seventh Heaven,” will be enacted for radio. audiences on night's “Radio Theater” program (CBS-WFBM, 8 o'clock). Stars will be Don Ameche and Jean Arthur. o 8 8 Another NBC-Blue broadcast from the San Francisco Opera season is hooked for 10.05 p. 'm. today. Two new singers, Ebe Stagnani and Alessandro Ziliani, will sing the leading parts in “Cavalleria Rusticana,” with Gaetano Merola conducting. Also on NBC-Blue will be a con= cert by the Rochester Civic.Orchestra at 12:30 p. m. tomorrow. : The program is popular in nature, the conductor unannounced. 8" 8 8 The Jordan Conservatory of Music will begin its fall and winter series of 25-minute broadcasts on WFBM at 5:35 p. m, tomorrow. The ‘Conservatory Brass Ensemble, under Robert Harper’s direction, will present the first program in this new series. Tomorrow's broadcast will be the school's 59th WFBM airing since last November. Walter D. Hickman is in charge of all programs. nm em
Cadiz, O., Wins Filmdom Plague
HOLLYWOOD, Oct. 17 (U. P).— Hollywood, where berets and make= up paint hide many one-time smalltown boys, today-gave a plaque to Cadiz, O., as “the proudest small town in America.” Beb Burns, proud of coming from little Van Buren, Ark., awarded: the plaque. He said Cadiz was chosen because it “has had more citizens of wide renown than any other come munity under 10,000 population.” Clark Gable, who is from Cadiz, was not on the selection committee which read the 2000 letters from small towns’ Chambers of Commerce. Besides Mr. Gable, Cadiz is the home town of Gen. George A. Custer; Mary Jobe Akeley, educator; John A. Bingham, statesman; Percy . Hammond, critic; W. H, Holmes, archeologist; Lynn Harold Hough, clergyman; Bishop Matthew Simpson, clergyman; Edwin® M. Stanton, statesman; and . Gen. Thomas M. Vinsasti
heavy demand, with most of the leaders reaching new highs. on Aviation shares also were active, Lockheed, Bell and Gruman rising|§ran Y to new highs on gains ranging to etd Cp more than a point. Other sections of the list generally were firm.
8 # ®
Today's Business At a Glance
GENERAL BUSINESS Int Nickel
] 58 F. W. Dodge Corp. reports Sep-| mnt B&F Am’ i in 4 %s [1938 High ..... 83.0 70.0 98.9 * tember new cons contracts Inte in 10% 10 10 - 19% Low on oy z 27.3 in metropolitan New York $51,946,- Ins Oo or oI 1s 2 Joan hi seves Hi po i pg 000, up 150 per cent from year ago; YO96 High ore. 945 1004 100% 7003 nine months contracts up about Kel-Hayes B.. 84.7 103.5 93.3 $29,000,000 Jom Jor ago) Sod Kresge 58 bik (Copyright, 1938, Standard Statistics Co.) ber residential contracts more than > , U. S. GOVERNMENT BONDS four times greater than year ago’s Treasury Bonds total of $6,524,000.
Yellow Tr 19% Young Sheet .. 48 Young Stl Dr .. 233%
—T 22
10% 23%
8 » 8 8
“The fact is,” Col. Ayres said, “is that the railroads have in effect been following this policy for a great many years, and the time has come when it is almost impossible to follow it any longer.”
REGULATIONS ISSUED COVERING LEARNERS
Wage Hour Administrator Sets Pay Rates.
Sheep and Lambs —Receipts, 1452—
RADIO TH IS EVENING
(The Indianapolis Times is not r i . nouncements ad by station te naive, for tm A Curaries in _yrogram an CHICAGO
INDIANAPOLIS INDIANAPOLI N WFBM 1230 WIRE 1400 8 on WGN 7 (CBS Net.) (NBC-MBS) (NBC-MBC) (MBS Net.) Let's Pretend Edna O'Dell Hannah ‘O'Dell & Salvo:
s Terry Johnson Famil Tea, Tunes Pierce's ,or. Tok Armstrong Melodies 2
Paul Sullivan Swingmates Don Winslow Len Salvo Terry Maritime’s Orphan A Captain Midnight Concert Or. Unannounced \ Inside Sports Contrast Studies ” ”» - Lone Ranger
Lambs— ChoiCe cevecsressssssoscsnnne Good
HEED [HERE EE
Zenith Rad ... 22
Mead Johns vr 125%, P&L pf 1
pi... N- Y. B d Niag H Pwr ... 10% N . . on S Pac Gr 375 | pt. 21% BOND PRICE INDEXES Eepoer erel Biren pte 20 20 20 Phila Co .. Inds. Rails Utils. 86.8 59.7 98.9 868 60.8 98.5 83.6 541 95.3 84.6 761 94.6 2 Years Ago ... 93.4 1004 106.2
COMMON sceccoscscsosscscsos Ewes—
Good and choice..cc.eo00000 Common and medium
CHICAGO LIVESTOCK
Hogs—Receipts, 19,000; directs, 5500; market fairly active, "mostly steady to 10 cents lower; spots 1 if cents off on weights over 200 Ibs. top $7.6 ood and choice 210: Za80 1bs., $7. as. 55 0. 200 lbs., $7.30 50; 150-170 Ibs. $7.15@$7.35; most good 300-500 lb. Daalhe sows, $6. 75@51. 10, ew light butcher kinds, $7.25. Sheep—Receipts, 13, 000; directs, 1000; fat lambs Pow undertone weak to cents lower; native lambs, $7.75@$7, Hh sorted lots, $8. 10; best held higher; merely good westerns, $7.50@$7.75, few sheep steady; native ewes, $3@$8. 25, Cattle—Receipts, 21,000; calves, 2500; strictly grainfed steers and vearlings steady; weighty steers scarce; all other grades 25 cents lower; slow at deciine; general killing quality mainly medium to good _stockers and feeders active and steady; about 7000 western grassers here;
Homestake
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el
Hupo Motor ...
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|
+ 3k: 5333 58538853] 5833] a828 sins
60 Bonds 81.8 82.0 TN 85.1 100.0 82.8 70.% 100.7
>
I Cotrel + oo 14 4] Cent L Y . 39 Inspiratn Cop . 19Y, Interlake 1Ir.. 13% Int Agric 31s Int prasier. 65% Int Hyd El . 1%
WPA Sneaker Lone Ranger
Dick Trac Democrat Valk Pout Thomas
Unannounced Amos 5 Andy Edwin C. Hill 4 Star Democrats Tim Healy Newspaper of Air Inside Sports Al Pierce Al Pierce
Margaret Speaks Margaret Speaks
Saturday ...... Week Ago ..... Month Ago .... Fads Ago
Musle nie
Stil! NI
.
CI
W Md Rwy pf.. Wright Harg ...
Chicago Stocks Hight Low in 2
Comm. Fund Monday § Show Pick & Pat
Vd: 4 04: 4
102 119 119
senses
Radio Theater
Hour of Charm Duchin’s or.
Hour of Charm Ken-Rad
Crosby's Or. Tomorrow’s Trib, Concert Or. . Famous Facts
Pageant,
Armour & Co .
2h An
WASHINTON, Oct. 17 (U. P.).— Wage-Hour Administrator Elmer Andrews today issued regulations covering employment of ‘learners,
Lombardo’s Or. Eddie Cantor
Contented Hour
James Melton Democrats
True or False ” ”
Detective Lewis’ Or.
Lee Rub
DE Lehman 24
National Lumber Manufacturers L
Association reports week ended Oct. 8 lumber output of 504 mills 220,333,000 feet vs. 224,138;000 feet Ly 544 mills previous eek; shipments 204,825,000 feet vs. 217,683,000;
++ +++
Lou & Nash... 51
Marine Mid Marshall = Martin GI .... 293 Mathieson
Federal Farm Mortgage Bonds
1049-44
106.20 106.20
Home Owners Loan Bonds
2 20% 4%, 8
11a 5Y2 5Vs
Stan G & E . Wieboldt Stores . 9s 21%’
Zenith Radio 27
iy stock cattle and calves; heifers steady fed kinds in small supply; cows slow, steady: cutters act ve down to $4. uls 10-15 cents *higher; Teignty chipper, kinds selling up to $6.75; vealers 25 cents lower; absence kosher killing weakening market at $11 down; few $1.50: best fed stecrs early, $13.25, few loads held around $13.50.
apprentices and messengers at rates less than the 25 cents an hour required by the fair labor standards act when it becomes effective Oct. 24. He said that lower rates of pay for these persons would be per-
New 1. Dorsey's or. Cab, Calloway
Amos & Andy Headline News
Oper ra
5333] 5353
Hamilton’s Or. Barrie's Or. Strikes & Spares 48 im Jack Little 3 1 4 ” Barrie’s Or.
‘ Et | OODD | PVVD | WRNV | FIAT | ARAN | ANIA
fro od fob fad | pt fd ed, eh
Paul Sullivan otlight
Shyder’ s Or. Donahue’s Or.
Moon River ” 1]
Review Crawford’s Or.
Or. Manzanares’
Shelley 's Or. on
Barrie's, Or. Crosby's Or.
booked orders 215,388,000 feet vs. 213,280,000. Magazine Steel reports steel operations last week up 3 points to 521%
mitted only under special certificates issued by him, and that applications must be filed prior to hearings on the issue.
1949- 2 vee viees ..102.22 102.22 1952-44 106.19 106.19
DOMESTIC BONDS
i02.22
McIntyre Porc... 1 106.19
Monge Miam
TUESDAY PROGRAMS INDIANAPOLIS CINCINNATI "WIRE 1400 3 _(NBC-MBC) (NBC-MBC) _
3s CHICAGO WGN 120. (MBC)
U. S. STATEMENT
WASHINGTON, Oct. 17 (U. P.).—Gov ernment expenses and receipts for the
OTHER LIVESTOCK
CINCINNATI, Oct. 17 (U. P.).—Hogs—
INDIANAPOLIS 834 WFBM 1230 A (CBS Net.)
46% Lag
30%2 Mostly 10-15c
per cent. CORPORATION NEWS
American Writing Paper. Corp. September quarter loss $45,030 vs. $31,050 year ago; nine months loss $127,116. Bridgeport Machine months ended Sept. 30, $15,076 vs. $586,492 year ago. Broad Street Investing Co., Inc, Sept. 30 net assets $7,099,688 equal to $24.12 a share vs. $5,930,595 or $2152 Dec. 31 and $7,850,041 or $28.56 year ago. Capital Administration Co. Ltd. Sept. 30 net assets $3,856,439 equal to $11.75 a share on Class “A” vs. $3,559,828 or $9.69 Dec. 31 and $4,630,706 or $17.15 year ago.
Cream of Wheat Corp., September | Zenn
Co. nine|Na
DEL] HEE . Nd
109 9%
Nash-Kelv ..... Nat Aviation .. Nat Biscuit ..... Nat Distillers .. 26 Nat Gypsum .. 1 t Lead
Newport Ind . N Y Central . N Y Do NYNH&H or oe Norf&W pf’ ose
No Amer ..... No Am pf ..... 13%
HELE
10%
Otis Steel o.... 11
Pac Coast Pac G & Packard Params Pict .. Park Utah 3s DE Rst Prf. 20% Patino Mines .. 35
4 297% 5
Yas
Childs_C
8 Argent 4s 72 Feb..
Australia 5s 57 ... Belgium 7s 55 . Brazil 8s 41 ... Canada 5s 52 .
O 4s 48 Beth Stl 33%.s 66...
4 § 1 Allegh Corp 58 Sosy oe 0 cv.
3 | Customs
Debits
current fiscal year through Oct. 14, compared with a year oH Last Year
This xpenses .. $2. 564. 735. 3 1 2,231 ,562.87 Receipts ,655,765 1 006,292.68 ¥ross jpet.. "9 ; ,270. Net Def .. 9 379,24
.683.68 ,343.90 '132,196,304.29
oo 9341591211
INDIANAPOLIS CLEARING HOUSE Clearings $3,114,000 8,085,000
FOOD PRICES
CHICAGO, Oct. 17 (U. P.).—. Michigan, Mackintosh, bushel, Sweet, Potatoes—Tennessee, bushel ers. 65@80c. Carrots—Illinois, @3c. Spinach—Indiana, bushel, 60c. Tomatoes—Ohio, 12-quart baskets, 50c. Cauliflower—Colorado, crates, $1 fornia, hampers, [email protected]. igan, crates, 45@70c. pound sacks)—Illinois, = Yellows, 25@60c;
i 3500. Nong direct. iad ™. 27 225-250 lbs., $7.55; 100ae. 15; packing’ sows bulk,
1800. Calves, 500. Marut average about steady on steers, yearlin : and heifers. Cows and bulls firm, stockers and feedess little changed; load iy good light steers and Jeariings, $9@$9 50; moso Plain to medium lightweight steers and yearli Pes $6@$8; part load choice fed heifers, $10. 5 good beef cows to $6 .50; low cutters and cutters, $3.75@35; practical top bulls, $6.25; vealers firm; prac ical to Sheep—Recei pts, 500. one et. Generally steady: sales good trucked in lambs, mostly $8@$8.25; choire ewes and wethers absent, common and medium $5.50@8$7.50; slaughter ewes, mainly $2@$3.
YS Eo Receipts ket slow, uneven b
FORT WAYNE, Oct. 17 (U. LO oO. 1bs., $7.25; 160-180 lbs. es 25; 220-240 Ibs., $7.15; 240- 280 hs 3% 10; -280 1bs., $7.05: 328° be, $6.95; 325-350 he i $7. 10; 120-140 lbs.,
46.60. Roughs, hee 50; ‘stags, $5; calves, $10. 50; lambs, $7.7
: 5. | pis Seals 180-299 1bs., sr 35
Applications for learners’ allowances “will be considered upon the basis of the needs of the employee and employer in the industry as a whole rather than on the basis of needs of “individual employees or employers,” he said.
OIL CAPACITY INCREASED SAN FRANCISCO, Oct. 17.—California oil fields increased production capacity by 110,000: barrels a day during August, bringing the estimated production capacity on Sept. 1 to 1,834,000 barrels daily, the highest on record, the current Business Outlook of the Wells Fargo Bank, reports. Actual production, though, was held down in August to a daily average of 673,163 barrels, 2 per cent
Ezply Birds
an Fd RQ
Roundup Devotions » » : Musical Clock ”» ”» ”» ”» ” ”» ’ ”» ”
Unannounced New Car! a Bake e Breakfast. "Club Apron Strings
Kitty Kelly Marge: Kitchen
Mrs. Wiggs Other Wife Plain
SSI0| CURD DNRR | asta E3638 5853 5353
yre & Ferrell s,
Mary Taylor David Harum y Line Lorenzo Jones Big Sister Widow Brown Life Stories ‘Ensemble
Towertown Singin’ Sam \ Nancy James Linda’s_ Love Farm Tiscle Farm Hour Mar [a 1) DE "wn
ews Headlines { tepmother Fund
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out nh pnd fad | fu pth pr md
WoW
Unannounced
Such i to nt
Bi Women in White
WIRE Reporter
Silent Good Morning
California Musio Box
Revelers Renfro Valley Merrymakers Peter Grant Gospel Singer Laudt Trio
Go To Town Everyday - Words Myrt & Marge Jean Abbey Hilltop House orning Linda's Love »
Guideposts Fionees Paths milin® Ed: The Goldbergs
Short Spry Vic & Sade
Party Line Beity Crockep t Thin
Soh Box
Morning . Melodies Bachelor
Don Pedro . Painted Dreams
Manhattan Mother Judy an on] 2
fan on Breet Crane & Joyce
Markets Services
News . Road of Life Editor's Daughter The O’Neills News Farm Hour ” ”»
Farm News Invitation Happy Gilmans
fo ti 4] ars
Ned Ne
CHICAGO PRODUCE
Butter—Market steady; Toceints 644,547 gross lbs.; extra firsts (90-812 score), 25@25Yac; ‘extras, (93 score), 25'%c; firss, 23, @23%¢; seconds, 22Yc; specials (93 score), 25%c; standards, 25c; centralized (88 score), 23%ac centralized (89 score), 23%c. : Eggs—Market steady; receipts, 5933 cases, fresh graded firsts, cars, 26%c; less than cars, 25Y%c, extra firsts, cars, 29c, less than cars, 29c¢; checks, 20¢; current a oeeinty 24Yz¢; dirties, 22c. Itry—Market steady; receipts, 1 car, 27 ae ducks, 14'2@16%c; geese, 15¢: hens, 14% @17%c; leghorn hens, 12¢c; spring chickens, 13@15%2c; roosters, 12'2w 13556; broilers, 17@18c; turkeys, 147@20c. C eese—Twins, 13%@12%c; daisies, 13%2@13%c; longhorns 13'2@13% Potatoes—Supplies, liveral; ® femand, fair; misney Sleady to firm; Idaho Russets, $1.35@$1.50; Colorado McClures, $1.55@$1. To Wisconsin Cobblers, 90c; Round Whites, 90c: Green Mountain, 95¢; Michigan Rurals, 90c; North Dakota Bliss Triumphs, S81. 25@$1. 30; Minnesota and North Dakota Early Ohios, $1.02%:@$1. 05; Minnesota Bliss Triurmuphs, $1.25. rrivals, 135; on track, 366; shipments, 54% (Saturday), 46 (Sunday).
LOCAL PRODUCE
Heavy breed broilers, 2 lbs. and over, 12¢; Leghorn hens, 12c; heavy breed hens, 14c; Barred and White Rock springers, 1% Ibs. and over, 12¢; colored springers, 1lz Ibs. and up, llc; Leghorn broilers, 1'% Ibs. I, io bareback broilers, 9c; cold roosters, 8c. No. 1 strictly fresh country run eggs, 23c; each full case must weigh 55 Ibs. ross; a net deduction of 1s cents for each ull case under 55 lbs. will be made. Pullet eggs, 15c. Butter—No. 1, [email protected]%c; No..2, 25%@ 26c; butterfat—No. 1, 21c; No. 2, 19c. (Prices quoted by Wadley Co.)
2 on Shoestring Unannounced Hi Today
Betty & Bob Gr Imm: s Daughter Valiant Lad Vv Church Bs
Police Court Army Band Varieties
Betty & Bob rimm’s Daughter aliant Lady Church Hymns
Mary Marlin Ma Perkins
epper Young Guilding Light Kitty Keane
M Beautiful Life Beautifal 1
Hannah
Michi, [ath Yellows, 65@75¢c; Idaho, Whites, 95c; Idaho, Sweet Spanish. 80@90c: : Wisconsin, Yellows, 50@60c; Colorado, SpanS
Irene Beasley Harmonettes School of Alr
been credited to the combined results of discovery of new producing more than July. The recent steady increase in potential production has areas and technical progress in drilling,
EARLY PRICES PREVAIL BOSTON, Oct. 17 (U. P.).—Buyers continued to show an interest in domestic wools at prices that prevailed earlier .in the week at Boston, but they were reluctant to pay further advances that some houses had made in asking prices, the U, 8. Agriculture Department reported today.
Tonight at 8:00 over WIRE
listen to
The Hour of Charm
with
quarter net profit $227,319 equal to 38 cents a share vs. $120,511 or 20 cents year ago; nine months net profit $646,893 equal to $1.08 a share Li vs. $848,760 or $1.41 year ago. P a Selected Industries, Inc. Sept. 30 Pe oY cee. 35 net assets $22,874,884 equal to $89.52 | purity Bak ....
Eo Pr Sit ot DAILY PRICE INDEX
or $85.69 Dec. 31 and $31,539,925 or NEW YORK, Oct. 17 (U.P.).—
$118.06 a share on $5.50 prior and $11.37 a share on $1.50 convertible. Dun & Bradstreet’s daily weighted price index of 30 basic commodities,
Tri-Continental Corp. Sept. 30 net assets $34,244,562 equal to $3.61 a compiled for United Press (1930-32 equals 100):
common share vs. $33,402,126 or $3.26 Dec. 31 and $43,890,064 or $7.54 Sattrday ccsvesossssecscseses 105.19 Week 880 sssscsvssssssessses 105.35
year ago. DIVIDENDS Month 820 .cevesseessscecsss 10485
North American Aviation, Inc., 40 cents payable Dec. 1, record Nov. ran Lsrianaasisetesiese Je 1214 cents in December. g . srasavenes ; 15 ve 3nf Ei 1938 low (June 2)..ecceceees 102.43
LOCAL ISSUES FOREIGN EXCHANGE
ot repreThe following quotations do n » NEW YORK. Oct. 17 (U. P.).—Following
erings, but merel Sen Ne Sn a ket et are noon cable Tales on major carries:
based on buying and selling inquiries of recent transactions: Stocks
& Stk Yds com...... Belt RR & Stk yas prd
P.).—H 160-200 1 Tog
e=8|88ng £303
LAFAYETTE, Oct. 17 market 5 to 10 cents higher [email protected]: 200-276 lbs., [email protected]: 278325 lbs, [email protected]; pi & down; fought
TWO FURNACES REOPENED down; calves, hel lambs, §
PITTSBURGH, Oct. 17 (U. P.).— pe Carnegie-Illinois Steel Corp. today COAL PRODUCTION IN INDIANA DROPS
announced plans to resume operation of two blast furnaces, one at its Ohio works, Youngstown, O., a 4 a) Thomson Production “of bitumi bituminous coal in Addition of these furnaces to the Indians GINDE fhe Week Sling Oo active list Will bring to 13 the|san000 ie revicucS Leo oT 206, number of blast furnaces Carnegie- 000 dur e Pre correspondin week Illinois will have in operation in last I ae Sh is Pilisngh distick, Coal oaminion reported today. Total production for the nation was 17,923,000 tons for the week ended Oct. 1, as compared with 7,882,000 during the previous week and 9,808,000 for the corresponding week of 1937.
rae BR | |e bed we o
Concert. Echoes Publie Schools Four. Clubmen Marty Dale
) Health n Susie” Backstage Wife Accent on tell allas eautiful Life 3:45 Men & Books Girl Alone
4:00 Mus U.
4:00 Music for Fun 4:15 5 ” ”» 4:30 Tea Tunes 4:45 1» ¥
Yesterday Songs June Baker Musie Moods ’ Good Health Unannounced Musical Serenade Margery Graham Decker & Salvo erry Johnson Family Jack Armstrong 4 22 Unannounced Paul Sullivan Evening Serenade
KEY NETWORK STATIONS (Subject to change): - NBC-BLUE—WJZ, 760; WOWO, 1160; WENR-WLS, 870; KWK, 1350... NBC-RED—WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670. CBS—WABGC, 860; WIR, 750; WHAS, 820; KMOX, 1090; WBBM, 770. MUTUAL—WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM, 850.
W000 5853
LH HELE -
t |
$9 905358 =
Program
EXECUTIVE PROMOTED Times Special NEW YORK, Oct. 17.—Austin S. Iglehart has been appointed executive vice president of General Foods Corporation, according to Clarence Francis, president. Mr. Iglehart has served as vice president in charge of sales and merchandising since 1635. From 1928 to 1935 he was vice president in charge of manufacturing and traffic.
PRIVY COUNCILLOR DIES LONDON, Oct. 17 (U. P.).—Lord
Rate England (pound) $4. T43 : Ask Eng. (60-d bill rate) 4.73%; Bid SK | Canada (dollar) ... .098 0 83 ance (franc) 25°" 54 12 104% 65%
rermany rermany Switzerland iolland Ruder; Sweden rona) Norway * (krone): Denmark (krone)
32 2121
97 102%; 26;
a a & as Ws ui 5 0 O n ub TGA 48% pid, ie : i o pid. assess Van Camp Milk & COM.covvss
r Loan oe zen an 55, 4%s 61 10 ite Rs eh A 58 42. 19
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NR
PEAR IRNODD =~ »
Kuhner Packin Morris 5810 Strs 5 Mun Wate! Wis NoblesV * Chie 5 57 2 u Richmond Wa t k eymour [ ter Wks 5%. r Haire Wate ter Wks 6% 49. Trac Term Corp 5% 57 (By M. P. Crist & Co.)
xMarket St. Investment Corp.. 25.55 XxDividend.
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LARCENIES
AUTO THEFTS
ROBBERIES 43% HOMICIDE, ETC.
CRIME IN U. S. & POSSESSIONS (1st HALF, 1938)
y
Stanley, a member of King George's Privy Council and Dominions Minister in the Cabinet, died yesterday. He was 44. It was understood that he 2 of a rare form of tubercuosis.
REPORTS GIRL MISSING
Mabel Alice Lawson, 12, of 1137 Deloss St., has been missing since Friday morning, her father, J. W. Lawson, told police. He said she might have gone to visit her mother in, St. Louis.
TIL TYPEWRITERS
All Makes Rented and Re Quality at a Price pled
WOODSTocR R YPEWRITER , 30 S. Pennsyl St. Ldie
NEEDS A SAFE DEPOSIT BOX
ALL SIZES MODERATE RATES 5 AMERICAN NATIONAL BANK
; Southeast Corner PENNSYLVANIA & MARKET STREETS ~ en 57. .
PHIL SPITALNY And His All-Girl Singing Orchestra Now Appearing in Person at the
"LYRIC THEATRE
If the crowds prevent you from seeing this prize-winning - orchestra, listen to them and Dorothy Thompson, brilliant news commentator, over the red network of N. B. C. every Monday at 8 p. m., C. 8. T. .
Sponsored by
GENERAL @ ELECTRIC
turing “Better Light—Better Sight”
