Indianapolis Times, Indianapolis, Marion County, 26 July 1939 — Page 13

question: How Can We Educate for ‘Democ: ?? at 5:30, CBSe WBBM. Participants include a busi= nessman and three educators, Lye |man; Bryson, as usual, will preside, Rep. J. William Ditter (R. PaJ, discuss ‘the President's spends’ ; : replac 1g-len nding program Erich Leinsdorf as director of the|Vie nd at 8:30, CBS-WFBM., New York Philharmonic-Symphony ep 5. Ditter is chairman of the Re= Orchestra at. the Stadium Concerts| 2 National -Congressi _|at:7:30 o'clock tonight, CBS-WFBM.|Committée and of the House Ap. Mt. has canceled his con- propriations Committee. . . . i oa Lg shortwave. Go| vss corn. oriwave - to, Kay ‘Kyser comes at the usual . South America. - {time tonight again, airing from the FE Golden Gate International Exposi“Erno Rapee, ae ‘director for|tion at San Francisco. The regular Radio City Music Hall, will ‘conduct time is 8 o'clock. . . . From the other the National Symphony Orchestra|side of the country comes a new during the Sunset Symphony con-| mechanical man to vie with Electro cet at 8, NBC-WENR. Ossy Re-|and Pedro. This new one, being exnardy, violin virtuoso, will be soloist. | hibited at the New York World's The program will include Strauss’|Fair, and broadcasting at 6, ‘Mutual,

130 TRENDLESS DAY MARKED ” ‘FOR STOCK LST

| Most Movements Narrow; ssLeading: Issues Down. Fractions. :

| Six- Point Prog gra : ok Outlined to Boost Railroad Earnings,

Convolidstions. and Co-ordinations Would Slash Costs 800 Million Dollars a Year, & Fortune Round Table Asserts.

TONIGHT

Te Dersey, WIRE. 3 :00—What's My Name, WIRE, WFBM. ;

sae

| NEW YORK, July 26 (U. P)— Prices moved . irregularly today for. |the third consecutive session on the | stock ‘market ‘following last. week’s spurt to new highs since Mid-March. ‘Most fluctuations were narrow. Leading issues generally sagged fractionally, while selective buying sent

.NEW YORK, July 26 (u. P.) —Consolidations andNpo-ordiziations 16 cut costs 300 million dollars a year were recommended today as part of a six-point program to jncrease railroad ‘earnings. Drafted by the third Fortune Round Table, the other five principles proposed were: 1. Railroads and other forms of internal transport should be placed)

on an equal basis in so far as regulation and alleged Government subsidies are concerned, except during a promotional stage.

Low Rates Advocated

2. The principle of low rates should be the constant aim. of transportation policy, and the carriers and Interstate Commerce Commission should remove any unjust regional preferences and work toward the gradual simplification of the general rate structure.

3. Any workers adversely affected |

by economies should be protected by a dismissal wage; if given communities ‘cannot afford to support ‘. given transportation facilities, such . facilities should be either abandoned or frankly subsidized by the + Government. 4. A temporary Government transportation committee A should be established to co-operate with the carriers in effecting economies and to lay the foundations for a national transportation policy aimed at developiig each branch of transport in accordance with its inherent advantages. ©

Asks Healthy Economy

5. Though the rehabilitation of the railroads will contribute to general recovery, the United States can have a healthy transportation sys-|ggo tem only when it has a Healthy economy. The round table included M. Ww. Clement of the Pennsylvania Railroad, Ralph Budd of the Chicago, Burlington & Quincy Railroad and Joseph B. Eastman of the Interstate Commerce Commission, as well as representatives of labor, water transportation, truckers, shippers and investors.

Choice— “Despite the increase in operat-

ing efficiency during the past few years, keen competition has produced duplication and waste, which cannot be eliminated by the efforts of any single carrier,” the round table report stated. Though the round table did not

HOGS STEADY

Rise Comes : Above 160 Pounds Here; Lambs Decline.

A 10-cent advance was made by

at Indianapolis today, while lighterweight offerings remained steady. Shipping demand. was strong. The practical top, quoted on 200 to 210-pounders, was at $7.10, according to the Agricultural Marketing Service. ‘Vealers held steady: with. yesterday’s prices at a $10 top, while spring

price of $9. fuly : Top Bpisy 2 ...$ 7.00 8063 3 - 6700)

21 ...0 6.30 22... 690 $300] 28 :11.

‘Top Repts. 3 6.90 6270 7.00 6272 7.10 7019

Be and YG | Good” By 210- 300 § 00- 330.° ¢ & 10.

Bul! i carlings 12 cluded) ..$ .7.00- 7.50

6,75- 7.35 d 6.25- 7.00 ucter an Re common 5.50- 6.25

Vealers al Weights—

1300-1500. ood to & $ 9.00-10.00

Vedium— 750-1100.

choice. .

.00/Common &

TO UP 10 GENTS

in ~ Weights

hogs weighing 160 pounds and aver

lambs declined 25 cents to a top|:

Superintendent ! grey: iron foun

. Louis Rassmussen, superintenduit of the Inter natin Harvester Co. foundry works here, pours ‘the first ladle of molten iron into a mold as Works f W. Davies looks on. , recently completed, went into operation for the first time yesterday. _only one of four cupolas-at the foundry now is in

NY STOCKS

wt : High Am Hide & L..

ich . \viation . Corp .

Balt & O

of... Barber Qsphalt. Beatrice Cream. 26% Bendix

Rh §

Net Last Change + B

21%

Seo FEES 1+

El TH

a TS

By United Press

The new

Although

1 DOW-JONES STOCK AVERAGES

; 30 INDUSTRIALS Yesterday ...ccccococeccecne 143.10 Week AZO .cccecovcscvcnascs 142.64 Month Ago cvesssecenvrnenes 132.88 Year AZO .c...ceoviee 140.24 High, 1939, 154.853; low, 121.44. High, 1938, 158.41; low, 98.95.

sees

29.69 . 29.14 26.82 vesines 28.98 High, 1939, 34.33; low, ‘24.14. High, -1938, 33.98; low, 19.00. 15 UTILITIES

Yesterday Week AZO ......odeesececsss Month AO ..ceocqeeee

sesscvoes essscace

Yesterday Week AO ...ccoccc000000000 Month AZO ccosscccseccsscss Year Ago ......cc0eeee havens 20.72 High, 1939, 26.58; low, 20.71. High, 1938, 25.19; low, 15.14.

‘CHICAGO, July 26 Wheat continued to climb on thé Chicago. Board of Trade today, with i gains grains were strong.

At the close wheat.was up 1% to |1% cents. September 63, corn was up 13% to. 1% cents, September 39%,

Boost Prices.

of more than a cent.

‘| special stocks up a point or more, some to new highs for the year. .| Favorable earnings reports highlighted the hews. Westinghouse Electric increased its dend from 50 cents to 75 cents a share. Rail- . {road reports showed gains. Steel ex- . | perts said the present operating rate

“Tales From the Vienna Woods.” . . . George Raft, long a movie menace; will change roles tonight for Knickerbocker Playhouse’ “Bulldog Drummond.” He escapes a gangster role at 7, CBS-WFBM. . . . The People’s Platform will discuss the

is called Clarence and will go anywhere, say anything. He'll talk to Dave Driscoll and Jerry Dansi on the Welcome Neighbor progra

Ie oo The 10th and last in the series of -

Idea Mart shows will be a surprise drama at 7:30, NBC-WENR.

operation, 300 tons of castings a day will soon be turned out ‘to be used in’ the firm’s truck motors, according to Mr. Davies. Truck.engine parts for the local plant formerly were cast at other International Harvester plants, Mr. Davies said. Approximately 150 employees .are now at work at the foundry on single-shift operations.

WHEAT UP CENT: CORN RECOVERS

Unfavorable Crop News, Higher Foreign Pits

U. P)—

All

for the industry was around 62 per cent, against 60.6 per cent scheduled ‘lon Monday. A few adverse items included con-tra-seasonal declines in car loadings and electricity output. Neither was seen as evidence of a trend and recoveries were anticipated. : Bond prices improved moderately in quiet forenoon trading. New York City Traction Co. liens were outstanding. Manhattan Railway 4s of 1990 and Interborough Rapid Transit 5s of 1966 were stong, but the I. R. T. 6s of 1932 broke 4! points to 30. Speculative rail and utility issues| gained fractionally. Industrials were quiet and steady to a shade higher. Curb stocks were irregular in forenoon dealings after an initial advance. Profit-taking was moderate. Great Atlantic & Pacific nonvoting advanced 2% while Phoenix Securities, Rustless Iron and Steel, Humble Oil and Brewster Aeronautical were fractionally higher.

BOND SALE HEARING ‘SCHEDULED TODAY

| A public hearing on the petition of the Public Service Co. of Indiana to issue 48 million dollars in 30-year mortgage bonds and 10-year serial notes was scheduled today by the Public Service Commission of Indiana. The new issues, which are to be sold for the purpose of refunding the entire outstanding funded debt of the company, were approved yesterday by shareholders of the

Tu THIS EVENING

(The Indianapolis Times is not res ansible for iF ngesuracies in program ane puncements caused by station changes after press time.) | : CINCINNATI

adn CHIVAGO WIRY 1400 S- W (NBC Net.) . (NBC Net) (NBC-MBS)

J. Dorsey’s Or. Ma Perkins

Dick Varieties - Lone Ranger

Reek Roverg Dick Reed 2

Man's Family 4 ”» ”» T. Dorsey’s Or.

Art In New Vaughn de Teath:Tleutier’s or. Lowell lhomas Baker & Denton

Waring’s . side” a

Man’s Family T. Dorsey's Or.

Brooks’ Ballads Tea, Topics Judith Arlin / Wheeler Mission

Michael Loring Bohemians

os oo |

3883]

Serenade Sports Aces

Fas ; Persons | Clotier Calling

' oveaoten i Rina dr

hi B Hobby Lobby |

“aioe” Pil | Baker 6:30 Rollini’s Trio 6:45 - Youth Counselor 1:00 " Playhouse

7:30 Philharmonic us . .”

x1 15 8:30 i 8 45 Amer Sa Views

What's My Name? Georg Jeasel

What's [Ay Name George Jessel

Bainum’s Band Idea Mart

K. Kysor's Or. ”» ”» ” » ;

Watiugs Or Tribe vs. Saints Dick Reed Tribe vs. Saints

Symphony

K. Kysers Or, Commentators :

Wari . TEE sok

id s %5:.

Peter Grant Schnickelfritzers Ligh ts Out

T Amne & Andy Basie’s Or. Waiteman’s or. a 3 0 Ss Tr.

N:00 New Recordings 10:15 Music in Night ma. 1o: 30 Master's Or. ey Herth’s Trio 1 Levant’s or. If

Berrigan’s or, -

” ”»

a Recordings

—

Castle Farm Mogn River

TE 11:00 Mnlina’s Or. Hi :15 deLeon’s Or. \ or : News

THURSDAY PROGRAMS

. INDIANAPOLIS - : _ WIRE .1400 INDIANAPOLIS .(NBC Net.) 0 105¢ Prayer & Praise Revelers Bo.

H. Kaye's Or. »

{CINCINNATI . WLW. 700 (NBC-MBS)

Ky. ‘Girls Opportunities

Time to Shine

> Gospel Singer Boone ‘County

INDIANABOL _ WFBM 1 (CBS Net. ) Early Birds Devotions Pha Markets: Tunes &, Tips ” News . Man I Married Sole Cuns Man 1, Married

Other Wife ry Tunes Paul son Pla Bill’ rd Footlights Originalities Woman in White’ Devotionals | Hannah

Dayid Harum ‘Reflections Lorenzo Jones This Is It § Widder Brown Charm House . Road of Life Dr. Swing

Uncle . Jimmy Friendly House . Dessa

» ”»\ ™

”». Rut ' Kelly & Marge I itop House Stepmother

- Mary Taylor oat ergood Sister i e Stories

Girl Interne Nancy Ji

Breakfast Jam Today's - Musie

I id

LB53|siEs|8ek

”» ”» ” » »

20m] neas] as SO pr

Linda’s Love : Ns, » Sale

Hoon at {Lite

> am

- Editor's. Daughter The Nellis © News ; . ‘Farm Hour ”» ” Co» ”

Golden Store Livestock

Betty & Bob. Grimm’s Daughteg Valiant Lady Bi Church Hymns .

Mary Marlin Ma er

23 Light

Unannounced Musical Moods Beautiful Life Midstream

Kitty Keene Pay Is vurs Morin Sisters . yoman Speaks

favor Government ownership of railroads, it saw a danger that the Government “will take over tle railroads by a process of default unless conditions are soon restored that will attract private capital to the industry. .. .”

mmm.

NEW- YORK, July 26 (U. P).— Tire shipments during June reached the highest level since June, 1933, the Rubber Manufacturers Associa-|-tion, Inc., announced today. - The total shipments of 5,733,216 units compared with 4,753,403 in May and 3,928,590 in June, 1938.

CORN IS RIPENING, WEATHERMAN SAYS

Corn is silking and earing in practically all parts of the state, J. H. Armington, weather bureau head, announced today in his weekly summary of weather and crop conditions. Moderate temperatures prevailed throughout last week, he said. The soil continues too dry for the best advance of crops and plowing, | 5:35 he said, but soybeans, tomatoes and pastures were showing improvement. He reported that the bulk of the winter wheat has been thrashed, but en | Erie 1 of oats are considerably below normal a ( a s | Evans Prod . ; | and in some cases will not be cut. |i dertone tully 15: 0 ear: yl : 3 : J 3

4 Follansbee ——— rT pf ..

3 BANKERS SELECTED ,, FOR SAVINGS COURSE

Three Indianapolis men today . were notiffed they have been admitted to the Savings and Loan Graduate School of the American Sayv-|g ings and Loan Institute, to be held Aug. 7 to 18 at Northwestern Universifly. They are Frank B. Stout and Cc. OTHE P. Cartwright of the ilroadmen’s Federal Savings and Loan Boot or {ER LIVESTOCK ] tion and Goehler E. Ohmart of the uly 26 ( Hogs Federal Home Loan Bank of Indian-|s ariel So Toe i 5% 2 (80 The. 86.75 apo. . First specialized summer _ school 2 on & national basis ‘ever to bé spon-; ¥ sored by savings and 1 interests, the course is expected to have important results in developing techniques for operation of thrift and home financing institutions. The |$ enrollment has been limited to 75.

LOCAL PRODUCE

Heavy breed hens, 12¢c; Leghorn hens, 8c; Barred and White Rock’ springers, 2% lbs. and. over,~#3c; colored springers, 22 lbs. and up, 12c; Leghorn broilers, 2 lbs. and over, llc; spring chickens, 2 lbs. and over, 13¢; old roosters, 6c. No. 1 strictly fresh counfry-run eggs, (each full case: must weigh 55- lbs. a net deduction of 15¢ for each full

7.50- 9.00 6.00

Byrd - 7.50 Editor's Y Daughter Melody Time

Linda’s Love Castletime Singin’ Sam Noon Rhythm

Dr, Malone Farm Hour geboal for Brides Boy Greets Girl

"Markets Betty & Bob Ramblers Grisms Ss Daughter Maus. Valiant Lady

Church Hymns WIRE Reporter ‘Headlines id ing, ight ;

Backstage Wife Stella Dallas ae & Sade oo tream

ty Keene

a, , James 1100-1300. 5 call Farrell s,, sitchen

all yom company at a general meeting here. The new issues will include 38 ‘million dollars in 30-year 3%. per cent mortgage bonds and 10 million dollars in 10-year Serial notes. Proceeds from the sale of the securities would be used to redeem bonds now outstanding, company officials

said.

Curb Stocks

Ne A A i I 21 27% +

dg SIP | oe

and oats were 1% to 1% higher, September 263.

Higher outside markets, less favorable crop news and reports of good domestic flour business encouraged buyers in the wheat pit. Prices hesitated at the start, partly due to a’ disappointing Liverpool market, but good commission house demand was uncovered in the firs hour. Milling interests were good buyers of wheat futures. Wheat at Minneapolis and Kansas City jumped as much as 2 cents. Alum Co Am. Crop damage ‘reports and light|4m A an B country marketings stimulated buying of corn futures, after early weakness. Weakness at Liverpool|asso encouraged , early selling. which |guas forced prices into new low ground |Beiane: . since 1933. ‘The Government week- Blue Ridge . ly report said that.damage had been ra suffered in the Western end of the|Citie corn belt.

; cents Calves : a (Receipts, 535) Feeder, Stocker

Cattle Steers

Otro

00- 800. 35: 9.50 n Pacific .... a0! -1050.. 3 .75- 9.25 & 26,

500- 800.. 8.00- 9.00 300-1050. . 8.00- 8.75

500 9.50- 8.25 500- 900.. 17.00- 7.75

Cows 6.00- 7.50ipreqiy

m & ‘ Co! good .. $ 5.25. 6.25 Calves (steers) Good & choice— 500 gown 8.25- 9.25 Mediu

: Net Last Change

common-— 750-1100. 6.50- 7.75 % Echoes . oe Ya

Soeon: -Vacuum. - > Farm Circle

So. Por R Sug. - 1 Ed ve

CHEE LE EH

ore so ~

udd g oe Burlington MM.

— 00 = pot » 1 nS

Heifers

+ FN

Choice

Farm Bureau 6 | 750- 900 $ 9.25- 9.75 News

Bohemians A Girl Marries Army Band Clyde Barrie

Bill ® a Sleepy Hollow

Musicale Feéras Grote

: Shyt:in Friends Pianorama

Sonor our

Jood— ! %50- 900. 8.75- 9.25

ofedium— 500- 900.

Common 500- 900.

DIDI bet Bn bh DD bt bd BY fob pd

7.50- 8.75

Lebrun Sisters Varieties, Deep River Boys Genevieve Rowe Dr. Susan er’s Or. Carlyle Stevens Moria Sisters Miss Julia At Your Service Honolutu

4:00 Serenade _Unannounced Matinee Invitat 4:15 - Tea Topics i ; hl ” Patriots "Giimore 1 4:30 ” » Sweet 8 a 4:45 Judith Arlen :

18,12 008 Lowell T | KEY NETWORK STATIONS (Subject to change): MUTUAL—WOR, 710; WHE, 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; WIR, oo; WHAS, 820; KMOZ, Jove; WBEM, nw.

Fag 2 seas # re :

un Sunshine Min . Su; tior oil .. & Co ...

Cows -

ood ....$ 6.50- 7.50 Medium

Cutter and 3.1559 a common 4.50- 5.75 50 down Sam

Calves in . 3.50- 450! 20 down $8.75-10.00 G

um— 4.25- 8.000 500. down. 7 50- 8.75 SHEEP AND CATTLE (Receipfs, 1022) Spring Lambs

Good and choice Medium and good

[+++ +1 +H | Teh itn ta LH LH HH a Rao Re oR

wif

Com Solvents Comwlth Sateen 30% ¢ a go 1%

Mu sie Steps in Jive Comwlth sins

[exas Corp - Old Refr

ex’ oa Prod: P&PC .

% | Chom pon [ide Ror Transamerica ve

FS SESE

Shree

oti eae

D Varieties i

i 1% Te . 20% le ... 81% 1 . 38% = 12% 1 2% $77 2 5

5 Sh ER 4 che 3 © 10 . 84% .. 92 18 45 : 48%

37% ..110%2

s Serv Cities Serv of ~ 54 El B

& Sh.5 pf 58ve

3% 5% El-Bd Glen Alden .... «| Gt . P

Ewes (on shorn basis) Good and choice . .:

ommon and medium ....

sees 2BYs Yun 0° .:.. 20% ' 20% Deere &C : an

CHICAGO LIVESTOCK 3 5

m T Mot. Dixie Vortex A ah , “%

—-- Saas

2.00- 3.00

' WAGON WHEAT

Indianapolis grain elevators are pa red, 55¢; other grades oD Ti u Sash corn, pew No. 2 yellow, - 45¢. H

Se EE

for : No. marits, Oats, 29¢

x fee a

32%

tHE HE HE EE ++1

O00 CY -4Cd00 n-

Te =

mg ts, 8000, butchers around 10 cents higher han Tuesday; SOWS Fa

SES

Corn and Wheat Region Official Weather

} St £ Sioel ot

tpt =

§ | mitin on Sch... Elec nse L.

ESR

Pennroad

Ward aie pf.. ‘Warner Bros -...

leis HHH HL

—July 26, 1939—

- ~ PrecipiStations High ow tation “otre Dame ees 8 1.05 J 1gola saves & heatfield v 82 ¥ fihester. 88 arion ye 89

Cp wits. 2, Wright Harg .. 8%

Chicago Stocks

High Ev pt o....ee . 8°

Y 2% 48%

wardral 3

decks feeder vearlings. $6.10@6 $9 Cattle “Recoipts 10,000; ves. 1000; very little done on good and choice medium weight and Feighty Steers: but active trade on all grades light steers and yeariings especially kinds scaling 950 1bs. Soon kinds steady but weightier. ofterings 15@25¢c lower; steers of value to sell 9 upward predominating: early top, $10. oat stock gaitle steady. scarce; cutters grades an cows’ extremely scarce, slow steady; 2 i steady i weak: practical Sop vy sausage _offeri ngs, $7.25: vealers ce and steady at [email protected]; strictly En, Sheepe Scaling L109, 1bs. Jpward y Ii suoply: strictly prime NeKa 0 arourid $10.75; but bulk of

Ef Ar

43% 43%:

- ne

Young Sheet ... : > 89 87 dereeis 92 ne . 88 .. 88 . 89 88

en A en : ten Mill en

od ®

a Zonite

3. '& 0. CARLOADINGS | "ABOVE LAST YEAR fifi:

Charleston, a . ney, Iil. Ellis

. 9if «11

en T&R ... illette 8 B +. . v1

S$ 6bel Adolf . a godyess i i. Be 2 or: Oi a ¢. : 18% lov 1 af . ’ Hack Wat ot A 36 36 Harb Walk 24% 24%

He « $34 63% Houd Her B ... 13% 13%

o0gg0a00as

on, ina. oil

LOCAL ISSUES

The jollowig gfuotations by the Indianapolis B Corp. do not represent - ee SS otferings but merely indicate the approximate market level based on .buying. and selling quotations of recent transactions.

Times Special BALTIMORE, Md., July 26.—Baltimdre & Ohio carloadings for the week ended July’ 22, totaled 46,366, comprising 29,710 cars loaded on line and 16,656 received from. connections. This was an increase of T7791 cars loaded over the corresponding week of last. year, when the total was 38,675, including 23,751 loaded on line and --14,824 received from connections. In the preceding week the total loads were 47,779, consisting of 30,786 cars’ loaded on line and 16,993 received from connections.

DAILY PRICE INDEX

‘NEW YORK, July 26 (U. P)— ‘Dun '& Bradstreet’s Y sally’ weighted | BY price index of 30 basic commodities, compiled: for United Press: (1930-32 Average: Equals 100) Yesterday u..oeeieeiaaiassso. 101.63

bras crop $8. 5@

NDEPENDENT audits by Certified Public Accountants’have come to play a large part in American business progress. They shed valuable light on operating efficiency, credits, earnings trends, . .. obsolescence, taxation and other factors vital to, profitable operation.

13%

Saar A

[11 Central .... n of T

ake Ir ‘Business u 18704 Harvest . t Hyd El A . in t Nickel . 50 -|Int P & ae 10 nt T&T For .. i

HHH HL

Bid - Ask Ya 9

EF ER RERESRRE i

Ft eunseois

8. 50. Kresge SS Kress

LAFAYETTE, Ind. July 26 - $Y; as Market. 10 cents ig 160-200 1 $6.8 80 @6.90; 200-240 1 seat, 2u0-3ib $6.30 6.60: 2 $5.60 a 1186.25 down. el fri] 45 down. %ca ves, $509. 50; lambs, $8.50

OLD-AGE PAYMENTS $43,023.15 IN JUNE

Old-age insurance benefit payments. during June amounted to $43,023.15, it was announced to-

- 8

Cent Ind Pow 7% ili wed Home T & TF Wayne % «.. Hooks Drug 81% : rd Hydro mn 1 pia. cosas N18Y2 d & Mich 7 ..108% {ngple Water hd. . 100% Indpls G 2% : ‘0

Indpls Pk BLA 7 Thdols P 2 I 67 fd 108 *Lincoln’ Nat Li e ns oo com. - 3 Ind Pub Serv N Ind Pub od < is He N Ind Pub Serv 7 Prosress Laundry FI

Cd of ind 6% “ptd.! d 7% pid .

: 38% 29%

££

20% Small, as well as large, organizations can bene’

fit by the experience and constructive suggestions of Certified” Public- Accountants familiar with today’s multitude of tax regulations. Their audits provide the sound and impartial viewpoint so ‘desirable not only to company executives and boards of directors but also to banks of account.

JOO

Leh v. Coal... oh ad al RR....

coo 24% Io Tlass’ . Li

Lo c Lorillard

BD =s

| +++: 3 Sree

U.S. STATEMENT

2 ASHINGTON, July 26. SU LL enses 07 |rent Fiscal year th through J with a year

) .—~Govio koe cur y -24, a

9 § 038. NT 415. 82 236,615,310.69 . 389,602,165. 13

T Haute Elec Co pfd Van: Camp Milk Co com ..

‘Whether organizing a new business or operatBonds

ross; case under 55 bs will be made.) Butter—No. 1 26 ge ax: "No. 2, 24%@325¢; butterfat, No. i, 20c; 2. 18¢c; (Prices quoted’ by "Wadley Co.) ee items —

“FOOD PRICES

CHICAGO, July of 26 5 Fi Apples_1itnois Wealthies, Sweet Potatoes—Louisana, bu., $398 LE roe ae hia. crates, $2. 75. Spinach—Illinois, bu. 75¢ CL Md 20-1b. flats: 35@ 80c. Caulifiower—Washington, Crates, $1.95. Celery Michigan, square grates 35@60c. Peas— s—Washin bu., 1.75. Onion Market (50 “Seokt) 10a, LB 65¢; rnia White Globes, $1. 30.

* PHOTOGRAPHIC SUPPLIES

CUT PRICES LINCOLN CAMERA CO,

J 201 W. Wash. St. . | . Cor. Capitol

H1 LEN SAYS: DON'T NEGLECT YOUR pate 4 311] (ols hi13 TODAY FOR AN ¥FXAMINATION PAY WHILE WEARING YOUR GLASSES

H.H MAYER 1.1

[AW 343 42 W. WASHINGTON ST

IE]

. 3

"WASTE | PAPER : MERICAN PAPER { CO Y

‘| Insurance Co. will be paid *‘Aug. 1

Nov. 1. |

day by Peter J. Van Geyt, Social Securify Board local office manager. :. In the state, 11,236 account numsbers were issued during June, 3234 of them from the local office; Total for the nation through June 30 was 44,727,520, he said. Mr. Van Geyt reported that 143}

in the local area which includes 11 N Since the old-age program began, paid locally, he stated. DIVIDEND ANNOUNCED Times Special § FT. WAYNE, Ind. July 26.—The third quarberly dividend of 30 cents

a share on the 250,000 shares of stock of the Lincoln National Life

to stock of record July 26. Remaining dividends for 1939 are payaiile

{ i

‘See Final Edition: of the Times. for

claims had been certified for June Net T counties, for an average of $67.99. No

more than 2900 claims have been|N"®k T

Closing Stock a 8

103% 3

one Na sh- Rely oe Nat Aviation .. gt Nat Biscuit

Nat Cash Reg.. td Tr v1 pt B.110%

Nat D: Nat. Dist 11ers . 25%, at P & L .... 8%

7 10% 3s 20%, a, Nat ‘Dai 8 oh 3% Bs 9%, 4% ly

Ohio Oil conse: Otis Elev 202 Owens mm Glass. 67

Pe Packard ..c.... 3% Panhandle .... 34 Pathe Film .. 11% Fenn Fi 1&¢C. 2 ere Mat of . PRalps Dx Bode $ illips Re eu t Be

S & ve Pi tts Stl pf .. ‘Procter & CG 6

aseens’

Pure

Pure |

oa 4

173% 110%2 ‘25% -

+H EL

+111

Sars cd SEES aR. ¥ Fd

tHE LHL

3 =

. ve “oe .

= * rs

+: 4+ EE

iy oe ‘erone,

Week ago sess 0sn esse ees Oe 103.20 ‘Month - BED «as ress sessases vs 105.46 Year 80 ...ccic.asisvsscvce 1939 High (May 26) eeedenee 108.02 1939 Low (July 24) ......... 101.40

‘NAZI OIL a uP

- WASHINGTON, July 26 (U. PJ). ~The ‘Commerce Department reported today that.petroleum 'prdduction in the New Greater Ger-

ing the first five months of 1939, an corresponding period: last year.

FOREIGN EXCHANGE

26 JU Bi Pollowcur-

STORE Su ing sre noon’ cable ‘rates

Eugiend Bf. ol rate) 4

sevens

anos. Adela) vey Italy ira) seseaane Belgium

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increase of 527,234 barrels above the|

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ELINED | EPAIRED |

Kuhner gia £0 8 4150 6 80.

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5 38 Citizens aa T 105.19 | Grabbe RB

5% 6 ilw AY i 8 5% 67 ... 64 ter 3%2% 66 ........ 105 & Tel %, 83 10

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3,654 132 619. 02 12, 997, 517, pals: 21

Customs. .. 19.4 425,524.43 . 17,0889 9.00

IND 1ANAPOLIS S CLEARING HOUSE Qlearings Cevieedieeiniiseiaeiaan. $e

PERSONALIZED AUTOMATIC - TYPEWRITTEN LETTERS oo EXCLUSIVE 20TH CENTURY MIMEOGRAPHING UP TO 14X20 ON BONED COMPLETE MAILINGS MULTIGRAPHING STENOGRAPHERS

JERYIC EE

Merghante ok Batiding WAET 3559

1 rd

AUTO RD 0. DIAMOND

LOANS.

wo SUSSMAN, Ine.

‘339 W, WASHINGTON ST.

Sale. MEN'S “RT

we DO- 2 c 0-2 60.03 ie = eo lguiaka a me ~ pafonann PEERS SESS

ing an established one, executives find it helpful | if a capable firm of accountants is dllowed a free hand, not only to devise an accounting system and make audits essential to a full picture of the enterprise, but also to check the adequacy of existing accounting methods which affectinventories, | budgetary control and cost analysis. The American National Bank has observed that such audits are important aids to profitable management and to publis and: sckholder good will.

AMERICAN NATIONAL pv

at Indianapolis” Ss Lows

HLL Boe 118 LAY :