Indianapolis Times, Indianapolis, Marion County, 6 July 1939 — Page 15

THURSDAY, JULY 6, 1989

STOCKS CLIMB FRACTIONS IN

3H ADVANCE wn

Traders Disappointed by|. A

Restoration of Dollar Power to F. D. R.

NEW YORK, July 6 (U. P)— Stocks continued their dull advance for the fifth consecutive session today. The averages registered minor, gains with the exception of the] utility which was about unchanged | ¢

from the previous close. Transactions continued restricted. Wall Street was disappointed over | the restoration of President Roosevelt's dollar devaluation powers and | the vote to resume purchases of foreign silver. However, most of the low. This company operates in silver shares moved higher. An ex-| ception, U. S. Smelting, made a new | Mexico and there was talk the sil- | ver purchases from Mexico might | be curtailed.

ALL HOGS DOWN . 20 GENTS HERE

Continued Heavy Receipts 3 Blamed for Decline; Vealers Rise. Continued heavy receipts at Indianapolis today forced hog prices |

25 cents lower, according to the Agricultural Marketing Service. The

top price on 210 to 220-pounders

slid to $7.30.

Today's sharp price break fol-|

lowed a decline of five to 8) cents in heavy hog quotations yesterday. Vealers rose 30 cents to establish a peak price of $10.50, while spring lambs held steady with a top of $10.50.

Retps, 3%

ia Moliday 33

June To Repts July 8.8 ven hs 83 % 20 3 T 10

- .

29 .. 30 ... Te Packing Sows and Cholce— $6. 10. 6.23

5. 8

Barrows and Gilts | Good and

0 8

360

400 450 ue

vv On FIND Cia rP NNN DUren

4.65- 5.85 Slaughter Pigs Me nm and Soe 00 120 6.00- 6.65 & rs Receipts IV) | (Yearlings IRI eel .

YOY «TF a aT aT uF uy «T 9 PY Cov 44 4

BOB BRARRIIIIPR ON EIT OD fw > =I Dy <@ PANNNNS SPH

0 Meadium-— 160- 220.

Slaughter Cattle Steers

Cre © «305 88330 “5

6.00ealers

t an ba

[dd Car wv SND =

2 a 32

8.006.50 8.00 Canes (Receipts, 863) 9.50-10.00 Feeder and \ Stocker © Tattle

comm 750-1100

Heifers 3

wo gs

Choi 800-108 750- S00 § 9.50-10.00 uu 0

Good on hi 750- 900 >

9.50 “peas am 500.100 Magium-- A 500- 900

0 8.50

° 0 - 9.00

- 8.50

9.00-

«1 19h or ven

amos a

«1 «1 O%

8.00- 9.00

ry or

’

= w

me — 0 \\redium co 500- 900 7.00- 8.00 Suma § 530. | Calves Steers) Good & ¢ 500 aE % T 50-10. 0) Meds wm 0 down £8.50Calves heifers)’ Good & ¢ S er 4.25- 6.00 “500 dow y % S 50- 0.73 tter (low cutter) SHEEP AND LAMBS (Receipts, 1393) Spring Lambs Good and choice Ln Yum and Po ‘ar om

10.25 9.73 8.50

$ 8.75 . 8.50. .00-

Ewes (on shorn “basis)

Good and choice Common and medium ..

CHICAGO LIVESTOCK

14,000 Seights 230 Ibs own, fairly active, 10@15¢ lower than Wednesday's average heavier butchers ani packing sows 15@23¢c off: top, $7.45: bulk good and choot 180- 3 Ibs.. 7.40; 40-300 Ibs. [email protected]. 300-360-1d. butehers, 35.854 6. 3 good 275-300-1b. ROE sows, 86.104 325-375 lbs. 35.25@ 35.50; 400-500-1b, sc $4.60 py Cattle—Receipts, 1300; 1000: active trade on most Kill ses, steers and veariings strong: ©8 10@15¢ | higher: Killing quality medium

00.00-

Hogs—Receipts,

00d by contrast with Ii beval Supply el

v good and choi ce offer ings here yesterday; bulk, $3.75@9.%5; oF $10.30 on medium weights; 850- 10d. AVETAgES, $10.25; vearimegs, {1 : 3H ifer yearlings, $0.90: all she-stock fairly dipendabdle and slight ly higher for week: cows yery scarce; most fat cows. $6. BGT {, canners ang cut Hg $4.50@ 5.75: weighty sausage bulls up $7.60: Arm. vealers 50 cents higher at| 8. S06) 10.50: mostly $104 10.50. Sheep—Receipts, 2000: late Wednesday steady. native spring lambs, $10% 10.250 top. $10.40; merely good 84-1b. Tan hos $9.35; yearlings. [email protected]; today's (rade active, steady to strong on all classes; good to chot ce spring lambs @10.25; few, $10.40 top, $10.50: two bles medium 79-1b. Texas wethers, native slaughter ewes, $2.50 3.50.

OTHER LIVE

ae NATL July 6 able receipts. 3500,

dou$4.

(U. P.).—Bogs— : total. 3625: holdover, | Mid SeSion fairly active, generally | lower; top 37 30; 295- 250 Ibs, $7.20: 100-140 Ibs. Rs 65# 6.40; most packing | rs, $444.50. Cattle—Sal lable receipts, 400, total, 400.! ts. 300. total, 30 light salable v SIN $0 50% 0.75: on and m edium | gr assers, truck lot good to] choice fed heifers $9.72 fat beef COWS eligible around $86.2%@7: cutter and common _ [email protected]; sausage Pits good grade $7.25; vealers firm, top $10.

Sheep—Salable receipts, 1600, total, 2500. Receipts moderate and demand normal, generally steady: most od and choice | trucked-in “nearby spring lambs, $106 10.50; around 125 head mostly sorted long- hauls | $10.75; slaught er ewes mainly $2@38: choice lightweights to $3.25 and es

WAYNE, Ind.. July 6 lower; 200-220 Bc? TS 18 15:

: $3.35: stags, $4; calves, ge s, $3.5 July 8,

Ind, lower; 150 1bs., 530:

Hop. m ket 25 cents -200 3 SET05 200-250 1bs., $6. BRT. Be XKALE

, $6.5566.75; 280-325 Ibs 2 ambs, $9.75 down.

P.) —

§.50 down; roughs, $5.25 ca Calves, 39.506 Hose 10; spring

Passenger Cars po === FOR RENT,

_ DRIVE IT YOURSELF, iNC. Phone: Riley 7788

v Jolonial Thrifty Savings AecSounts are Insured by Govermmment Agcy. up to $5.000.

Association

MEMBER FEDERAL SAVINGS S\LOAN South linet St

8639

8.5

RR.15@

killing |

vit =

5: medium and goo pd |

—

Net ) Hi A 0 Close Chan Abbott Lab or, oN: 60s 5. 7

3 CC

5 1

- pr

$0 SF LO er pr OEE ep

HUD OO pr CSD UI FH 00 OD TSS CO per «3

BICORS ar BION fa pt BD pr OF

£3 SS Ea RIRICORS Iw EIQV papa RI par C0

Atl ReAning “a Auburn Auto ..

Bald Loco ct. 12 Barnsdall Onin

| Borden | Bristol-My . ... | Budd, Mfg BE Shas Butl ¥O8 ++. vers A M .. Byers pt

[Calle han Zine

Celote ‘an Chev = Ohid ... 3 Chrysler aa 69 | Golgate- -P-P {Com Solvents {Comwlith Edison Comwith & So Cons Edison ... Cont Can cont Ins [Coty New |'Coty Imter Crucible St .... [Curtiss-Wr

| yeere pf wo 2633 26 1 Diam Mateh ... 33a 33% —f— Ejce Par & Lt . % Y.. Eng Pub S ..... 10'2 10% (oR . - 1% 14 Am Tr ... Foods ..... G& EA. Motors . ay » Inf pf. 08

| Gen Gen | Gen jen

Sooarieh | Goodyear “aA {Grand Union .. Gt North pf.... Greyhound Cp .

Hack Wat Here Pdr pf.. Howe Sound Hud Bay M&S

{

304 130.2 455

2 33% 31% 3

312 Ya

23% V2 1034

437s

Ind Rayon ..... 233% Inspirath Cop . Nickel vo 4378 om P&P

Kresge SS AKY®esSS .......... 26} | Kroger G & B.. 267

Loew's Loft, Ime-..

Magma .. 29 Man Ry m etd 111s Miami Cop .. Mont Ward .. [Meson "ahah

3 1 1s

Nat oa “ar Nat Dept St ...

4 Nat Gypsum .. -— Nat Iead ..

IN : , | Nort &

ar Simmons

4 1

N. Y. STOCKS

By United Press

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS 41.73 —2.18 —0.22 0.33

Yesterday Week ago Month ago .... Year ago High 1939, 154.85; low, 121.44, High 1938, 138.41; low, 98.85. 20 RAILROADS

Yesterday Week ago ......u Month age Year ago High 1939, 34.33; low, 24.14. High 1938, 33.98; low, 19.00. 13 UTILITIES

ERE EERE

Pres EsL ALLA

Yesterday Week ago Month age .. Year ago High 1939, 26.52; High 1938, 25.19;

Serer reRRt Rene

seta EN ERIE

low, 15.14,

’ Reaction Sets In After Prices

Net High Low Close Change

13% 13% 13% 112% 112% 112%

Qe i

67s 30% 3

Y Central.. WwW pf..

DERRY

“hee

87% Y

8% :

|Ohio Ol . ous Steel

Sel Pr

El... 30% v3

30% 8% 13% th 17 3314 191% Me 125% 1

Penn * Phillips Pet

+ 33% | Plymouth oil .. he

41's ‘. 1g . 5014 753

ue 101% Shell Un tf .. 104% . 21%

414 3 5014 oe 194: i

{Simonds 8 & S Soeony vachem

| Ste % | Studebaker . "(Shh Min Swift &

teen Corp +...» EA Corp ....

Cor [20th Cent Fox .

on Card

8 ton. agent,

Ww “wi Wooltrorth . 4634 | wo Ym Yellow Tr ..... 13}; Young Sheet .. 341:

46%

141% 343%

Business at a Glance

By UNITED PRESS GENERAL BUSINESS Edison Electric Institute reports

week ended July 1 electricity out-;

put 2.300.268.0600 kwh, best since ‘Dec. 24 and 14.2 per cent above year ago, greatest year-to-year gain since | April 24, 1937 vs. 2.285,083.000, up 13.2 per cent from year ago, previous week, Engineering News-Record reports construction awards this holidayweek $37,549,000 vs. $41.900,000 last [week and $78.322,000 year ago; year S

2.00-10.00 to date $1.594,773,000 vs. $1, 333 253, -1 | National Cash Register Co. June Mo. A, 294 090. customers orders for both overseas cides, seeds, ete.:

000 year ago, up 20 per cent; first | half of 1939 awards $1,557,22 [highest first half since 1930 and 2%

{ per cent above year ago.

CORPORATION NEWS

Columbia Broadcasting System, Ine, June time sales $2,850,180, 348 per cent from years ago; Six

months $16.918,818, up 8.6 per cent!

from year ago.

Engineers Public Service Co. 12

months end=d May 31 consolidated net meome $4,755,100 equal to 1.28 a

cents previous 12 monuhs. | MeCrery Steres Corp. June sales $3,420,347 vs. $3,200,343 year ago, up [6.8 per cent; six months sales $18,838,144 vs, $17,724,463 year ago, up 6.2 per cent. National Broadcasting Co. June time sales over combined Red and | Blue Networks $3,382,404, up 5.7 per cent from year ago; six months sales $22.598937, up Tia from year ago.

and domestic divisions $6,770,000, up Al per cent from year ago.

DIVIDENDS

American Stores Co. 25 cents pay-! able July 28 record July 15 vs. like’ payment Oct. 1, 1937, Homestake Mining Co. regular ‘monthly 37: cents payable July 25 record July 20.

“TRADE NOTES OF THE DAY

NEW YORK, July 6 (U. P).— | Capital goods activity in the week

ended July 1 dropped to 683 per |

{79.9 per cent in the preceding week | land compared with 459 per cent in the corresponding 1938 period, the 2 seasonally-adjusted index compiled by the Iron Age revealed today. ® on » FLINT, Mich, July 6.—Buick delivered 3748 new cars to owners | in the second 10 days of June for | a gain of approximately 43 per | cent over a similar period last | year, when 4025 sales were made, | | W. F. Hufstader, general sales | manager, announced today. | At the same time, Mr. Hufstader revealed that more 1939 model o! Buicks have now been purchases than were sold during the entire 1938 model year.

= » 8 NEW YORK, July 6 (U. P). Domestic copper sales in June rose to the best level since last October,

—

it was reported in metal trade quar-

‘ters today. | June volume amounted to 66,341 tons, compared with 77.098 tons in

|October. Pactically all June business Iwas done at 10 cents, although

cents a pound. » ®

| CHICAGO, July ¢ (U. P).— American Airlines, Inc, flew 54,0412 passenger revenue miles in June, the largest for any month in | the company’s history, and a 91 | per cent gain over June, 1938, it | was reported today.

| quotation of 10%

i 2 8 8 | NEW YORK, July 6 (U. P.).—Dun | '& Bradstreet’s weekly index of 31! food commodities in the week ended

Corn and Wheat Region Official Weather

By U. S. Weather Burea

July 6, 1939—

High Low 20 3 . 83 92 3

Precipi- State of | tation weather | Cloudy Cloudy

Stations Angola d Notre Dame Whebtfield .. Rochester ... Marion Lafavett | Cambridge “City. {Columbus ....... { Vincennes

{| Ft, Wayne { Tndianapolis Torre Haute evansville

Rain'g Cloudy Clouay | ay

. 35 04 82 6 9

94 92 9

87 9

7 4

PtCldy |

See Final Edition of the Times for Closing Stock Quotations and Other Late News

| Alum Co 2. SA

Slotay |

level since July, 1934, the company revealed today. Index for the latest week stood at $2.17 compared with 132.41 in the corresponding 1938 pe-

£5. 500 Noa uM op. g5o/cent of the 1925-27 average from ypjog.

Increases were recorded by oats,

and lambs while flour, wheat, corn,

rye, mess pork, lard, cheese, coffee +

‘and hogs registered declines.

Curb Stocks

High .108

Ne Close

Ark N G Blanes ne | Bunker Hill & S 1 Can Marconi {Cent & Sw 3 [Cent St Elec. | Childs pf | Cities A pt...

i. Ih % a 1% ty

47 . 863%

p an 3 Imp Tob 'N Br 20% Jones & L au S 21% Lockheed a “36 Nat P& L pf... 8¢ Nehi GE 393% No Ind y of 12034 rac GE 6 pf a | Pepperell Pan hn 31. d Oil Neb .... Wilson Jones ...

Chicago Stocks

2101 10% ™

STOCK |Phelps-Dodge Corp. maintained a

| Abbott Lab

00 | Midl Ut Mt States {Swift & Co

DAILY PRICE INDEX

| NEW YORK, July 6 (U. P.).—Dun & Bradstreet's daily weighted price [index of 30 basic commodities, compiled for United Press (1930-32 average equals 100): {YeSterday .......uuveunvenen. 10480 | Week BFO0 ...iuihesseiessess 105.71 Month 880 ...aviveseiivensss 106.77 {Year ago Lave enees 10517 | 1989 high (May 26) veveeens 108.02 1 1939 low (April 13) . 108.17

Tot.

{

NEW YORK, July 6 Telephones operated by the Bell System, subsidiary of the American

_| Telephone & Telegraph Co., passed + the 16 million mark for the first time v in history last month, statistics re3 ported by the A. T. & T. disclosed

today.

[LOANS

The CHICAGO Store

Oldest Loan Siokers tn the Rates

‘3, Minneapolis wheat prices gained $ more than a cent partly due to

in the local market.

WHEAT RALLY FAILS ON NEWS OF COOL WAVE

‘Had Gone Higher by Half Cent.

CHICAGO, July 8 (U. P.).—Wheat developed a reactionary tone in late trading on the Chicago Board of Trade today, strength in the first hour,

The the close wheat was off % to 4 cent. July 683%, corn was up 3; cent to off 5 cent, July 47%, and oats were 4 cent higher to 4 cent lower, July 31. Buying by mills and speculative buying encouraged by a sharp upturn at Minneapolis boosted wheat prices about 1 cent after the start.

fear of damage to spring wheat from hot dry weather, Weaknes sat Winnipeg and Liverpool also attracted some attention

LIVERPOOL WHEAT ov rev.

common and 100 s ‘common shave vs. $3.650,811 or 69

High Low close 5.33% $541, $54! 581% 5 an 61

WAGON WHEAT toi panapolis hain a elevators are paving for No 0c, other grades on their | eri) oS Sash ‘corn, new No, 2 yeliow, doc. Ss.

Close $541, 581% 61

Dec. 613%

INCORPORATIONS

Broederenkring Home Assn, Inc, Mish. waka: chan nee of RL to August Lanuve, 111 E. 10th St.,, Mishawaka. ‘

Marto Bakery, Pac, U. 3 80 and Ave., oe: agent, M. W 1007 Lexington Aven Ft. par value; to bakery and Seligatogen roducts; Oetting, G. W. Banks, uth E.

1 P ohotone Laboratories Inc., WashingRobert Long, Washington; 240 shares of $100 par value; to produce motion Picture films and engage in commercial p holographic | fnishing, Robert Long, Arthur Noble N. Reynolds. Indiana Stove and Realty Corp. 1412 W. Illinois St. Evansville; agent, George J. Zurstadt, same address; 1000 shares no par value; dealing in stoves, castings, and real estate; George J. Zu Stags. 1 G. Zurstadt, Fritz x zZurst e Matthews Mfg. Co Ihe. Indianapooe pI “ Rex Herb Corp., East Chicago; dissolu-

on. Ne Cerasvine Grain Co., Fortville; disso-

u : Richardsoa Brokers Coal Co. Inc. Lihton; dissolutio rte Woolen Mills, Inc, La Porte; ALSSONITON. Ww. Lang Construction Co., Illinois corporation, withdrawal from Indiana. United Milk Products 0., Delaware cor i — pmenament of articles of incorporation Butler Investment Corp., Butler; amendment increasing capital stock to 250 shares shares preferred of $100

eodore

par value. The Squeeze Bottling Works of Kokomo, Ind. Inc.; amendment changing name to Dekle Coal & Beverage Co., Keystone Building Corp., Re. 129 E. Market St., Indianapolis; agent, Horace O. Wright Jr., same address; 1000 shares no par value; ‘building business and insurance agency: Horace O. Wright Jr. iki H Oberreich, Harriet R. ordham Farms, RR 3 M . agent, Claude Alleger, 201 Glass | Block, Marion: 1000 shares no par value; |operate farm lands; Ralph Warner, Alnuge Alleger, Laura Alleger. W. Cotton Co.. Inc. St.. Bluffton: 250 shares no par value; sell |

per cent! Qosion. Crystal Cotton Ww Soy Seed Co. Inc,

| Beet Hydro Bee bacon, sugar, cocoa, potatoes, sheep | +

{American Loan 5s B Lt Amer Loan os 46 hs | Cluzons

- 811

NEW TELEPHONE RECORD SET | Ww. P)—|

|offica furniture and equphent, A, ail 0. er, Gai

Camden: agent, Roy 200 shares of $50 fertilizer, insectiChester Joyce, Homer W Dice, Roy M. Caldwell, Hoosier Pension Plan, Inc. 1274 W. 29th St.. Indianapolis: no capital’ stock: to secure legislation ho adme pension for un£opioyea over years of a Lane Ce ver, Frank L. G.afton, Olive 0. Piper Hydro Engineering & Chemical Co., 1aware corporation; admitted to Indiana (0 reader technical service in connection {ith qesign and operation of hydrogenation plants.

LOCAL ISSUES

The following uotations by the Indianapoiis Bond & are Corp. do not represent aetuay ue of offerings but merely indicate the approximate market leve] based on buying and selling quotations of recent transactions.

Stocks

Camden

Ask

"Auto Invest So “Belt RR & S Yds com... : {*Belt RR & Stock Yds pid... {Cent Ind Pow 7% pid {Home T&T Re Wayne T% Hooks Drug n

om bo

pls 20 nv “Inapls P&L 6°% ptd Indpls P&L 62% pfd Lincoln Nat Life Ins

*N Ind Pub Serv *Progress Laundry - Pub Serv Co of Ind 8% pid... Pub_Serv Cu of Ind 7% pid... 8 So Ind G&E 4.8% pfd Union Title Co T Haute Elec Co {Van Camp Milk

—- OONDRI« OIRO Pt ptt OO DCO DC 5 CD on IH DCH

3! COM. \ vas Bonds

”

Ind Tel 4l:s 61 bbe Reynolds- Tavior 5s 42. &T Ft W 5%

' ONO IIIT

| Kuhner Racking Morris 5&10 Stores 5% $6. ul {Natl Silk Hosiery guns 5s 42 HL&P 6.2% 47... 1

Fee

—-

b LL) 55 | Richmond Water Wks 5¢% 49. | Seymour Water Wks 5% 49... Haute Water Wks 6%. _... iT Haute Water Wks 6% 49... , | Tract germ Corp *Ex-dividend,

M. Crist | Market St Vinvestment corp. .

FOOD PRICES

CHICAGO. July 8 (U. N Rpples nois Transparents, bu, 5a 8 Sweet Potatoes—Tennessee, bu. hampers, $1. $38 Carrots—California crates, [email protected]. i bu., 50@85c. Tomatoes— A 50, Cauliflower—Wash1.65@1. t yr an square crates. 50@ ampers, $1.50@ 1.60. 1b. sacks)—-Iowa yellows, 50@70c., California vellows, 95¢@8$1.

ELWED | Mon EPAIR ErITTED | Women's

L E 0 i TAILORING CO

235 MASS. AVE. BUSINESS EDUCATION Strong Accountin Bockkee Pr (Riahie and Secretariat ar venin ssions Fred W. Case, Princip AN Hema Central Business College

Architects and Builders Buil Pennsylvania & Vermont Sts., Thats.

AUTO and DIAMOND

LOANS

20 Months to Pay

WOLF SUSSMAN, INC. 230 W. WASH. ST.

Established > Year Opposite Statehouse vipnil

55500550553

S Ww

go. 5

on on Everything?

Diamonds, Watches, Autos, Cameras, Clothing, Shotguns, Ete.

THE INDIANAPOLIS TIMES

after showing fair ||

414 S. Morgan | Re °

PAGE 15 |

DECLINE IN MONEY DEMAND SLOWING DOWN

jon § 10

siL$ 10

TOTAL BANK LOANS ° CFED RES REP. MEM. BKS .)

APITAL ISSUES CDOMESTR = CORPORATE )

193 4 193%

| BROOKMIRE JUNE 10,'839 abi

1937 1938 1939

French Econ

Revealed for First Time

PARIS, July 6 (U. P).—Paul Reynaud, Minister of Finance, today disclosed for the first time the extent of the success of the Government’s program for financial and economic improvement. In a statement to the Anglo-American Press Association, the finance minister issued heretofore unpublished figures showing the progress the nation had made in its efforts to regain a sound economic posi-

tion because of the threats of the totalitarian states. He emphasized that the French comeback’ was attributal to the “French peoples’ grim determina-

a7. | tion” to shoulder the Government's

burdens and further its efforts.

M. Reynaud listed “seven facts” to show the progress of the nation’s program. They were: 1. Repatriation of French gold in June doubled the May total. 2. Despite the heavy commitments met in June, the Treasury's position today is stronger than at any time since the start of the year. 3. After 10 years of successive deficits averaging eight billion frances (212 million dollars) ordinary budgets were strictly balanced for the first six months of this year. 4, Today 33 per cent of France's workers are employed overtime

compared with only 3 per cent last |

November.

5. Unemployment has fallen 14,000 units compared with November when the total was 39,000 above the corresponding 1937 month.

6. The nation’s production index rose from 83 last October to 97 in May, the highest in eight years. 7. French exports in May were 32 per cent higher in value and 20 per cent greater in volume than in the 1938 month. M. Reynaud said these improvements were “no miracle” and that “France's developing power is due to the freely consented sacrifices of the French people who have finally realized the necessity for national

unity in the face of the dangers]

threatening the country.” 3

U. S. STATEMENT

WASHINGTON, July 6 (U. P.).—Government expenses and receipts Jor the current fiscal year through July 1, compared with a nl ago.

ou BD «3

Ea DOBR-IDDDOD

pt pet OO O00 =f =F = vin

| Cash Bal .. | Work. Bal . Pub. Dem. Gold Res. Customs

LOCAL PRODUCE

Heavy breed hens, lle; Leghorn hens, 8c; Barred and White Rock springers, 2'a {1bs. and over 16¢; colored springers, 2'a [1bs. and uo. 15¢; Leghorn broilers, 2 Ibs. and over, 123; spring chickens, 2 bs. and over. 13¢, old roosters, . No. 1 strictly fresh country run eggs, lle; each full case must weight 55 Ibs. gross; a net deduction of 15 cents for each full case under 28 ig will be. Jpde. 2 @2 2 @

HEI 00 <1 WD Ors DTD O00 LI Oy Ty Ty OY pe SADT OO ~I0 i III DLILI TO re CO -JO LID 0D se

- 30¢ "2, 18¢ (Pri ces Quoted by Wadley Co.)

omic Gains

BANK CLEARINGS UP MODERATELY

Rise Is Recorded Despite Holiday and Saturday Closings in U S.. NEW YORK, July 6 (U. P)— Bank clearings throughout the

country for the week ended July 5 advanced moderately above the

preceding week, despite the Fourth of July holiday and Saturday bank closings in some cities, but were slightly below the corresponding 1938 week, Dun & Bradstreet, Inc. reported today. Bank clearings for the week in 22 leading cities amounted to $5,060,748,000, against $5,087,520,000 in the corresponding five-day week last year, or a decline of 0.5 per cent. The increase in clearings over the preceding week amounted to $253,941,000. Between the two like weeks of 1938, an increase of $350,816,000 was reported.

Indianapolis bank clearings for the short week ended yesterday fol- | lowed the national trend as com- | pared with last week. Clearings for the week totaled $20,289,000 as compared with $15,724,000 for last week. Clearings this | week also were above the same week of 1938 when the total was $18,320,-

INDIANAPOLIS CLEARING HOUSE

Cleanings $4,294,000 Debit 9,276,000

FOREIGN EXCHANGE

NEW YORK, July 6 (U. P.).—Following are noon cable rates on major currencies: Cabel Rates Net Change England (pound) . 4.63 3-16 +.00 1-16 Eng. (69-dav 3 rate) i 7-16 +-.00 1-16 Canada dolla France rans) +. 0000 Italy (lira) Belgium (belga) Germany (mark) ..... Germany (trav. mark) Switzerland (franc)... Holland (guilder) Sweden (krona) Norway (krone) Denmark (krone)

—.0005 4.0000

conduct.

beth” will be broadcast at 1 p. m. Her- | WIW bert Hoover will be heard from Cleveland at 8:30 o'clock tonight,

ON THE RADIO

TONIGHT

6:00—Rudy Vallee, WIRE. 700—Toranto Symphony, WIRE. 800—Columbia Workshop, WFBM. 915—Music by Malneck, WFBM.

Thirteen summer concerts by the Toronto Promenade Symphony or- | chestra have been booked by NBC, for the summer season. The first concert will be aired at 7 o'clock to-| night, WIRE. Reginald Stewart will | Guest soloist will be| Mishel Piastrn, New York Philharmonic Symphony concertmaster.

The program will include Tschaikowsky’s Concerto for Violin, with Mr. Piastro, and Mendelssohn's Fugue in E Minor and Bach's Suite No. 3. ” 8 2 England's Glyndebourne Opera starts it sixth season tomorrow and portions of Act II, Verdi's ‘“Mactomorrow, CBS-WFBM .

CBS-WFBM. . . Two new play programs start tonight and one of them, the Columbia Workshop, will ” ” ®

be heard at 8 o'clock, CBS-WFBM. The first play will be “Half-Pint Flask,” by DuBose Heyward. It's the story of a scientist studying voodooism on an island off the South Caroline coast inhabited by 200 primitive Negroes. . . Rudy Vallee will conduct a battle of dialects iat 6 o'clock tonight, NBC-WIRE, when he brings Jack Pearl and Lou Holtz to the mike. Mr. Pearl is the former Baron Munchausen who recently said he was going in for the drama. The deal evidently is off. Constance Bennett also is on the program. 8 » ® Princeton University researchers have dug up more than 100, “lost”

representative American plays after a four-year search. NBC will commence broadcasting from among them at 7 o'clock tonight. There'll be no local outlet for the first two or three weeks, but you might try The Gallant Foxe Whichone “two-horse race” that was won by Jim Dandy, a 150-to-1 shot, will be broadcast on the Inside of Sports at 5:45 p. m. today, Mutuale WLW

® =» 8

THIS EVENING

INDIANAPOLIS WFBM 1230 (CRS Net.)

00 Serenade i Tea, Tonics

3 Judith Arlen

5:00 Christian Science 5:15 Bohemians 3:30 Ristory Speaks

INDIANAPOLIS WIRE 130 (NBC Net)

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Baker & Denton James’ Or. Nina Dean inside Sports

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CHICAGO WLS-WENR 870 (NBC Net.)

Unannounced Malcoim Claire Serenade Sports

Easy Aces Lost Persons Goldman_ Concert Garden Party

News Sports Know Your Schools

Kogen's Or. Govs. Parley

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FRIDAY PROGRAMS

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KEY NETWORK STATIONS (Subject to change): MUTUAL—WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM, 850, NBC-BLUE-WJZ, 760; WOWO, 1160; WLS-WENR, 870; KWK, 1350. NBC-RED—WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670.

CBS—WABC, 860; WJR, 750;

WHAS, 820; KMOX, 1090; WBBM, 770. '

Yours With

COKE

® COMFORT ® ECONOMY

RGA :

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instr jeL0

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22 3

® CLEANLINESS

There's Still Time...

To Save on Next Winter's

For a Short Time Only

LLY

CASH PRICE

Thousands of Indianapolis families know that coke is the cleanest and most economical of the solid fuels.

Cleanest because there's no fly ash, soot

and dust to settle on your walls and furniture. |

¢ CONVENIENCE

Economical because all the heat units in Citizens Coke are in '“= form of solid carbon and you have a chance to heat your home with them. Smokeless—and that means economy,

because

a! yOu Y

smoke is just waste heat.

Fill your bin with coke today because the

current low prices will prevail only a short. time

longer.

* About 750 people are employed by Citizens Gas & Coke Utility on an annual payroll of $1,100,000.