Indianapolis Times, Indianapolis, Marion County, 5 August 1939 — Page 11

STOCKS HIGHER AS CONGRESS NEARS CLOSE

Trading Dull; All British Markets Closed for Holiday Monday.

NEW YORK, Aug. 5 (U. P)—A

‘firm tone developed in markets to- |

day, as the 76th Congress neared adjournment. Trading was dull in line with usual Saturday procedure. British markets will close Monday for the bank holiday and the Winnipeg grain exchange will suspend for a civic holiday. Stocks opened irregularly lower and then .improved. Steel shares were firm on outlook for improvement in operations next week. Steel issues had gains ranging to a point in Bethlehem 7 preferred which equaled its high at 115. U. S. Steel touched 497% and then rose to 50%, up 1%. Bethlehem - common at its top of 60% was up %. Motor and equipment shares made small gains. Rubber shares were steady. Several special issues made wide gains. Weston Electrical Instrument gained more than 2. General Mills, which lost 4 points in each of the last two sessions, rallied more than a point. Allis Chalmers gained a point and American Telephone nearly a point.

SWINE PRICES

HOLD STEADY

One Load of 490-Pounders a a

Clears 25 Cents Above Yesterday.

c Hogs sold generally steady. at In-

dianapolis today in usual dull Saturday trading, according to the Agricultural Marketing Service. One load of 490-pound hogs sold at $4.75, 25 cents above yesterday’s

prices, to mark the only change in|g

the price list. The peak - price,

quoted on 210 to 220-pounders, re-|&

mained at $6.60.

July Ton 31 ....8 6.65 Ang. Top 1....$.6.65

Rents. Aug. 6531; Se Reots.| 3 i 50231

Top Repts. $6 2 313 | 6. 3 5771: 5988 1000

Packing Sows d and S0jte Good 2a $ 5353.50 5.25- 5.40 5.10- 5.35

4.70- 5.25 4.35- 4.85 4.15- 4.50

Slaughter Pigs

S| Med and Good— 0- 500 . 4.00- £5 a 2 230- 120. 5.00- 5.5

Barrow and Gilts | od and

Medi : 160- 200. 5.50-

Slaughter Cattle & Vealers (Receipts, 75) [ENE

Steers | Bulls Choice— 1 (Yearlings excluded)

Soa A -10.25/ Good .. $ 6.50- 7.25

: -10.50 1100-1300. -10. “i sage— 6.25- 7.00 1390-1500. -10.001 Medium 5.75- 6.75 Good—

|Cutter and 750- 900. common 900-1100. 1100-1300 1300-1500.

Medium—

750- 900. 7.50- 8 1100-1300. 7.50- 8.50{Cull Common— | 750-1100. 6.25- 7.50] Ip, Heifers \ Cattle Steers

Choice Choice— iS 500- 800. $ 8.75- 9.50 750- 900 $ 9.25- 9.75 800-1050. 8.75- 9.25 Good— oe : 750- 900. .8.75- 9.25! 800-1030. Medium— Medium-—

500-1000 . 5 500- 900." 7.50- 8.75 (Common — ommon— 930

1 500- 9 500- 900. 6.00- 7.50! Mediu Nn Cows 5.25- 6.00 Good ....$ 6.50- ives {Sieets)

Medium. 5.75- Good & choi 500 d 25- 9.25 Cutter and Dwi s .

Medium common 4.75- 5.75 50) down 8.00- 9.25 Canner.. 3.25-

4.50 Calves (heifers) 2 1300 down $ 8.75-10.00 Cutter (low cutter) 3.75-

IMediu; 4.751 500 on 7.50- 8.75 SHEEP AND LAMBS (Receipts, 25) Spring

Lambs Good and choice Medium and good Common

Ewes (on shorn basis)

Good and choice Common and medium

CHICAGO LIVESTOCK

Hogs—Receipts, 200; not enough good hogs to make a market; S]derione steady to weak; for the week all we ights ‘down 10 to 40 cants; late top, - $6.65; Slosing Srerage Friday. $5.27, lowest since Oct.

Cattle—Receipts, 100; calves, 100; for the week medium weight and heavy steers, weak to 25 cents lower;-all fed yearlings strong, instances 10 to 15 cents higher; common and medium grassy and shorife steers and heifers. 25 cents lower, in- . stances 50 cents down; largely fed steer run; stock cattle steady to 25 cents lower, fed heifers steady, but grassy heifers, ¥. cows and bulls 25@50 cents lower; vealers strong; extreme top prime 1378- 1b. steers, $10.80; practical top, 0.25, for .tricily choice yearlings: mixed yearlings, "$10. 10; heifers, $3.55; grassy and shorifed steers, $6.50@ 8.25; cutter cows closed at $4.85 down; canners, $4.25 down; sausage bulls, $6.75 down to .$5.25. Sheep—None* late Friday .market erally SteRdy. 3 iep native §Pringers, bulk, $8. Nas choice 91-1b. 3°

$8.10; good 88- 3. SRsrings. $7.2 ter ewes, $2.50@3. OTHER LIVESTOCK LAFAYETTE, Ind., Auz. 5 (U. P.).—Hog marxet, steady: 160-200 lbs.. $6@@ 6.30; 200: 2 et > wn 240-280 1bs., $5. 80@

bs., [email protected]. Pigs, $5.75 3 30 down. Calves, $9@

own. 3 5 (U.P) Hest So ower; 300 220

6.50- 8.50 5.00- 6.50 alves

(Receipts, 25)

8.0n8.00-

6.50Ss

8:75 8.25 7.50

7. ”° 6.50!

6. 75 3:90

.1.75- 2.75

en$8.90; arlings, slaugh-

3 '120- 140 1bs., Ha $4;

a ble oe total, 0 Sheep—

Salable, 50; total

INCORPORATIONS

Apex Awning Supply, Inc., 5-7-9 N. Ke tone Tdiana apolis; agent James x EO osily same ad 100 shares of 100 par value: Sl and selling a JR supplies and canvas products; James Montgomery, Harold F. Kealing,

Edwin M. Bn a

s 1 §

Tatarhationg. Research Corp. estic ‘Bldg., Indianapolis; agent, John O pahr, same address; 10,000 shares no os value; dealing in Big s and patentable roducts; Georze Stevenson, Alden E. Kennedy, Henderson

aker, 7illia John eo Spahr, Alf bl > ers Pernet Eneinesring Corp., 3 . Pennsylvania Si Indianapolis; agent, Walter Hammel. ~ 4147 oii ave. di apolis; 1000 shares no par valu

facturing and dealing in ‘engineering ¢ equip- | P

ment and ventilatin Ra Ei W.lter ner. . Farmers Hatchery and Supply Co., Ine., Martinsville: agent, Shirley A. Krier, 400 N Jeffersh St., Martsvies 200 shares e; pou ry and egg Shirley A. Kriner, Ed S. Kriner, Al

Ewing-Von Allmen Dairy Co.. Dela + corporation; articles, of amendment. rick-Reid Sup ply Corp.. Pennsylv| gorporation: admitted to Indiana to m facture and sell D umbers’, machinists’ contractors’ supplies. Fanny Farmer i Shops. York corporation; admitted t Thala ana to | manufacture candies and confections.

Sub ment;

eph - Hammel,

Maurice

ware

ania Anu-

9.00

In $8.25- 9.00

business: | P G.

ard. ew 2

Abbott aap case fg Allied -:3g lied Sifts

64%, 179%

: Se eee le He

AER

DIC - es ROR SS Rs 00

oy ay > > =

4 £ £ £ £ 2 4 £ 4 A £ £

as Corp Aviation Corp .

Bald Loco ct . Balt & Ohio . Barber Asphalt: Barasdall

Borg-Warner ... iy gE ve riggs Bklyné&: 2

op & Zz. 3yers pf ..

GEllshan Zinc . Calum Af HE Dry... c

Cont Steel Corn Prod .

Cc Crucible St |Cuba RR pf Curtiss Wr .... Curtiss Wr A ..

Deere & Co ..

Be ortomes DI Oh

Dre DIEC) DI O00

ood — OID) ACY J

COC) Reto]

Fair Morse Fed Lt&T Firestone T .. 0a Firestone pf A 10

Flintkote Foster Wheel ..°19% 19% eG

4 Sa 23;

Gar Gen Gen Gen Gen G&E A Gen Gen

Wood Ind..

Op RRR an

Houd Her BHouston Oil ... Hudson Motor . Hupp Motor ...

Ill Central .... Jang Stl ....

Kalamazoo S&F 18 Kennecott . 3a Kinney 5 p 23 Keystone Fo D12y, 2%

—L= . 29 . 19% . 16

12% 2%

Kroger OB Laclede G pt Lambert ; Lehn & Fink Libby McN & L O-F G

et jd CARI Ma bd 1 COD OO in hed bt bd

SVs 50s —M— 31%

ou & Nash....

Macy = H.. Magm Mn R mod gtd Marine Mid Mkt St R or pf Marshall Fid .. Martin ‘ Martin Parry.. Mathieson May D

McCall gy] McIntyre Porc. cKeesport cLellan pf.... esta Mach ,. 30 ident Pet : idland Stl. 2

Boo

- HARI Dn TINY | Coes NOI NND

I+: 4+: |

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[++++++]

JIE EL

CHIE HEL

LD bbb db] +4

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Fast ERNE SEE Snes

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—-

++ ++ +

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FINAL N. Y. STO

8v United Press

High Low Close Change

ah @

> ®

-. er

Hm Tel & Tel.

is | Onion

Biseuis . x 33% 25% Hs

17% Dry pf B 110% Distillers ’ ‘ 7 22

9 . 4 8% 15%

gn C Omnibus 32 ock 2}

Ohio Oil

Otis Steel .

Pac Coast Pac Coast 3 pf. Pac Coast 2 pf. Pac & oe Pacific i .. Packard 78 Pan Am Altways 132 Pan Am Pet * Panhandle ramnt Pict Pathe Film . .. Patino Mines .. LI1CV nn PDles 387 Mat pr ‘pf 28% ,

Pe Pe P

eins Dodge .. Phil Mor Wi ps Pet 1 i se s

sx % a 0

wry 34% St. 478 a ! 9

: +

“eon

- Fee

4 Gen Motors .... ~ U 8S Rubber.... s. §} nnecott Cop.. be Lol Gas & El

. Eng Pub Serv..

%'8S South Pac **y, IS0u %

x ES Lunnnnnnn en, ana as

8 t Syming Goud

T& FC hy erm

> ® gadadaaaa

4%:5 55 a Richmond Water Wks 5% 49

DOW-JONES STOCK AVERAGES

30: INDUSTRIALS ..0 14211

se 038 -—2.51 -0.11 +0.02 +1.20

seneess 144.00 133.24

Week AZO ....ccce Month ALO ....cocevcsocsnces Year Ago High, 1989, 154.85; low, 121.44. High, 1938, 158.41; low, 98.95. 20 RAILROADS Today ....... Greesasetesseas . Yesterday ...ccccccevccvoccne Week AZO .ccocaccessssssres ¢ 20.48

High, 1939, 34. 38; low, 24.14. . High, 1938, 33.98; low, 19.00. 15 UTILITIES Today ... Yesterday Week AZO ccccovvssvsscccore Month AZO ...cocovetveecss Year AZO ......c. ein is High, 1939, 27.10; low, 20.71. High, 1938, 25.19; low, 15.14,

15 MOST ACTIVE STOCKS ¢ Net High Close Change 1912 12 50% 3a 48% % 43% I 373% 7s 3% 1% 8076 3738 678 1% “21% 17 52 13 26%

Low 19's 197% 4718 4314 36% a 8014 37 6% 13% 21% 1634 511g 127% 26%

LU S Steel

37% TH Chrysler Gen Elec

|Comnwith Seo .. C lanese

}ontgomery W. 5244 13% Anaconda Cop . 267%

Bite distin

Stock sales approximated 240,000 shares against 250,000 in the short session last week. Curb stock sales were 42,000 shares against 46,000 last | Saturday.

Net High Low Close Change

Ya ‘Ya

(oa

+1:

Pkg . |8 gocony-vac

T Brands ... 6 td Brands pf .105 r& RB... 27

4 ’

11 1 HE +l

HELE

nu = no

51% Pn Texas tSorp oss 35 Tex ves 29 7% 10%

Tide Ww . oil, Timken R B. Transamerica . 5% Joans & W Air 10% 8 | Tri-Cont % 20th Ceni-Fox. 20%

B &P..

tie ol

1 leer]:

k Yd Un Fos pf A

Vanadium . 23% Van [Raalte 36% Van Raalte pf’ 115%, Va Caro C Ya Virginian Ry p11257;

23% 35 115% 2% 125%

Ya 20, 53 47% 2

[++

BION DINNWOOO

AO at DHF LEE EE

15% 411g 84

Yellow Tr .. Young"S & W.. Young Sheet . Young Stl Dr..

. 16% 18% 2c 137" 31% © 40% 21 20% — 1014: 191 2

Zenith Rad Zonite 22

“LOCAL ISSUES

The Jollowing

19%, 2%

uotations by the indianapolis Bond & are Corp. do not represent actua: Ea offerin but merely indicate the approximate market level based on ouying aid selling quotations

4 lof recent transaction ‘Stoo k

Ask 9 54%, 70

69 72 13 ;

Auto Invest Co: Belt RR & Stock Yds com... Belt 'RR & Stock Yds pfd.. Cent Ind Pow 7% pfd Home T&T ru Woann 1% .-.. 6 Hooks Drug n m

. 19 2 .108%2 .100%; 102% a1 si 105 106 ..108 111 5 re 8 31 Ind Pub Serv 6% ped nd Pub Serv 1% pfd . rogress Laundry Co com

pf Van Camp Milk ” Go cor Van Camp Milk Co co

Bonds American Loan 8s 51...... eve Amer Loan 5s 1 Citizens Ind Tel 4's 6 Crabbe Reynolds. Taylor 5s o Home T&T Ft W 5% 55 .

r 5% 0 a, Kuhner Packing Co 4 . Morris 5&10 Stores 5% 56 Natl Sil Hosiery Mus 5 4. Noblesville HL&P % 47.. hio Bi 3.

Seymour Water Wks 5% 9 T Water ‘Vks 6

ct /" *Ex-Dividend. ; (By M. P. Crist & Co.) | Market St. Investment Corp... 21.56 2m

DAILY PRICE INDEX

NEW YORK, Aug. 5 (U. P.).-—Dun

s|& Bradstreet’s daily weighted price

index of 30 basic commodities, comple for United Press (1930-32 average equals 100): : % Friday sas wunie san anseais eran 100:44

Week ABO ......vcavvavee.rn» 103.16

Ya Month Ag0 «...i..oeveuive., 103.87

issescens 103.30

z 12 1930 High (May 26)... ....... 108.02 ‘4, 1939 Low (July.29)

verso 10140

Wheat— September ... 4 | December ...

s | September ...

2 | December ": May. .....

8 | September ... October ..... 5

| Nashville,

'ERASES GAINS IN WHEAT PIT

[Lack of Demand, English

Holiday Restrict Trade At Chicago.

CHICAGO, Aug. § (U. P)—

24| Scattered selling in late trading

erased gains in wheat on the Chi-

| cago Board of Trade today, and the

market closed with an easier undertone. At the close wheat was unchanged to off % cent, September 64, corn was up % to 1% cent, September 42%, and oats were % to 3% cent: lower, September 27. : A: holiday at Liverpool and lack of foreign demand for wheat tended to restrict trading interest. Liverpool and Winnipeg wheat markets ‘will both be closed Monday. Hot and dry weather in the Canadian spring wheat belt stimulated

a | early buying both here and at Win-

nipeg, with prices up about % cent. Pre-holiday evening up operations caused a reaction in the Canadian market which was promptly ireflected in the local wheat pit. Traders were inclined to go slow pending the final outcome of the ‘deficiency appropriation for the commodity credit corporation. Hot weather in the corn belt gave prices a firm undertone. Reports from the heart of the belt spoke of the need of rain in the near future.

CHICAGO GRAIN RANGE 42%

Pre Vv. close

64% 85% Corn— 42% 42% December 42% 42 May 45 447 September .. December May . Rye— September .. December ... May Soybeans-— October

2 & a0

Lard—

December

110 : 2 YAsked, b Bid. n Nominal.

CASH

Wheat—No. 2 yellow Jn, 65¢c; No. mixed, 64%c; No. tough, 6dlsc Corn—No. 1 yellow, 250 Nor 1 white, 8812c. Corn—No, 1 yellow, 45c; 1 white, 56%zc. Oa o. 2 a ed, 26%¢; 29%c; sample white

mixed, 27@27%c¢ No. nre "7, @ 38%: Ry Barley—

3 white, sales. nominal; malting, 50@ ybeans—No sales. Cash, visions: Lard, $5.62, hom nak; loose, $5.17, asked; leaf, $5.27, nominal; belies, $5. 31, 1h a nal. Timothyseed—New crop, $3.7

LOCAL GRAIN

Steady: Noosints 56 oS 2loags; No. 1 red, 62@63c; No. 2 red, 6.@oac; iru. 1 Nh saa esc: No. 9 hard, wwla@ 81%c. Corn—S teady, receipts, ls, carloads; No, 2 yellow Tuas Yac: No. low, 36% @37%¢c; No. 4 yellow, 35% wun, iy ve “yellow: 2 2¢ under yello ceipts, 6 carloads; No. 2 white, ev @2te: No. 3 white, 25@26c.

ro-

Wheat —

WAGON WHEAT Indianapolis grain elevators are paying for No. ; other grades on their merits. 2 vellow, s5c. Oats, 29¢c

Cash corn, new No.

WINNIPEG WHEAT Close

Prev. Close $. Sin Ya 53%

57% 577%

Chicago Stocks

Hi h Low Clase Ys 8% 3%

erghofl ruce ie aes utler Bros .

sler ah fron ve Dodge M g.cp Elec “sougen

Lincoln Pr ‘pf

15 | Marshall Fiel IM McCord a

Mid Wi

Che 3% [Nat Battery - or.

Noblitt-Sparks . Potter Co .... Spiegel Stan. Dredging glenling Brew Swift & Co

Radio 19, 19 Comwlth Ed 315s 1958 .123 123

FOOD PRICES

CHICAGO; Aug. 5 (U. P.).—Ap Plas Illinois wealthies bushel ese. weet Potatoes—Louisiana bushel, $2.15. Carrots Goalifornia crates, $1. [email protected]. Spinach— Michigan bushel, 50@75¢c. Tomatoes— Minnis, 20-1b. flats, 49@T75¢c. Cauliflower— Washington crates. $1» Celery—Michi= gan square crates @50c. Celery— Mirhigan savare c LT 30@ 50c. Peas— Colorado bushel, [email protected]. Onion market (50-1b. sacks)—California ies, $1.20 @1.25; Illinois yellows, 50@@60

LOCAL PRODUCE

Heavy breed hens. 12c Leghorn hears, Barred and White Rock springers, 2} 1h Ths. and: over, !2c: colored springers., 2's 1hs. and un. llc: Leghorn broilers, 2 lbs. and over, 10c: ry chickens, 2 lbs. and over, 13c: cld roosters, No. 1 strictly fresh country Tun _ eges, 11c; each full case must weigh 55 Ids. aross; a net deduction of 15 cents for each full case under 55 'bs. will be made. Butte @27%c} No. 2, 25@ 25%¢. Butterfat—No. 1. No. 2, 18e. (Prices quoted by Wadley Co.).

he TWO LARGE UTILITY

FLOTATIONS OFFERED

NEW YORK, Aug. 5 (U.P).— Public and private power competed for the investment market -spotlight today in what many banking quarters regarded as the longawaited resumption of large-scale utility financing. The financial community's interest was divided between a $10,606,846 common stock Hering placed

of on the market by W:

Gas Light Co., and a 615-million-dollar bond flotation issued by the Sly © of Tenn., to finance i cently acquired municipal. Re re facilities. :

FILES BOND ISSUE WASHINGTON, Aug. 5 (U. P.).— The Northern Indiana Public Service Co. late yesterday filed with the Securities & Exchange Commission a registration statement covering 45 million dollars. of new 3% per cent Series A bonds due in 1969. ;

To Keep Valuables Safe ‘Rent a Safe Depesit Box at

* THE % INDIANA ‘NATIONAL BANK |

of Indianapolis

el: |Electric Utilities’

Up More Than Billion

WASHINGTON, Aug. 5 (U. P.).—Increased recovery and relief outlays boosted Treasury expenditures for the 1939 fiscal year more than a billion dollars above the 1938 figure,

000 in 1937. Treasury revenues

the Federal Reserve Board reported today. ‘Expenditures in the ’39 fiscal year totaled $8,500, 000,000 as compared with seven billion dollars for 1938 and $7,600,000,-

during the period were 10 per

cent less than .in the preceding fiscal year, the report added.

Bil.

30 28

1929 1930 7931 1932 1933

1934. 1935 1936 1937 1938 1939

1938. They declined, however,

Alexander Hamilton Institute,

Quarterly petites. for relief, the report showed, jumped from 20 million dollars in the October-December period. of 1937 to 620 million dollars in the corresponding period of

to 510 million dollars in the

June quarter of 1939, although miscellaneous expenditures

time. .

final three months.

for recovery increased 0, million dollars in the same span of

At the same time, disbursements for Agricultural Adjustment programs rose from 120 million dollars in the first quarter of the 1939 fiscal year to 280 million dollars in the

Today's Trade Notes

NEW YORK, Aug. 5 (U. P.) —The “way is mow cleared” for consum-

% | mation of the Postal Telegraph and

Cable Corp. plan for reorganization,

| it was announced today by the two

committees headed by Robert Lehman of Lehman Bros. and Cecil P. Stewart of Frank B. Hall & Co, Inc. The committees stated that recent action. of the Public Service Commission of New York in approving the transfer of certain secur-

3 ities and properties had removed

the final obstruction to the plan.

3| It already had been approved by the

Federal Court for the Southern District of New York and by the Federal Communications Commission in Washington. “No stay of consummation has been granted in connection with the appeal of the Commercial Cable Staffs Association, a labor organization of the cable company,” the joint announcement said.

Income Rises 7 Per Cent

NEW YORK, Aug. 5 (U. P).— The Edison Electric Institute today reported that May revenues of the electric ‘light and power industry approximated $183,111,500, a gain of 7 per cent over the $171,074,100 recorded in May, 1938. Of the total, revenue from ultimate customers was $180,782,500, up 69 per cent, while other electric

revenue was $2,329,000, up 17.2 per ‘cent.

Shell 0il Co. ‘Streamlines’ Wood River, lll, Plant

ST. LOUIS, Aug. 5 (U. PJ). Shell Oil Co. Inc. announced to-

expansion and modernization program at its Wood River, Ill, refinery. When completed, the changes will increase the refinery’s

75,000 barrels daily. Mare than 300 additional workers will be required for the enlarged refinery. About 1000 construction men will be engaged in the building program.

Bids to Be Let on St. Louis Rail Project

NEW YORK, Aug. 5 ( U. P). — The Terminal Railroad Association of St. Louis will accept bids on Aug. 14 for a 35-year seven mil-" lion dollar refunding and improvement bond issue, it was ilearned today. The bonds will be dated July 1, 1939; Series’ B, maturing July 1, 1974, with a coupon rate of not more than 312 per cent. The Association stated that alternative

bids may be submitted for any rate 50 long as seven million dollars is =| realized from the sale.

FARNSWORTH LINE T0 BE PREVIEWED

Eight representatives of the Gibson Co. of Indianapolis tomorrow will leave for Ft. Wayne, Ind. to attend the first annual national sales conference of the Farnsworth Television and Radio Corp.

firm, recently named Farnsworth distributor for a major portion of the state, will preview the new line of radios and radio-phono-graphs which are to be placed on

month, it was announced. conference are: J. M. Bloch, president; E. M. Gass, general sales manager; Charles E. Bolton, manager of specialties division; Fred

Bright, Lou Hills, L. T. Glidden

Corn and Wheat Region Official Weather

—Aug. 5, 1939— . 2 Pre cipi- State of

High Low tation weather Clear Clear

Stations Notre Dame ngola Wheatfield Jochester. Latay 87 iefeie City. Colu 84 Vincennes Paoli : Ft. Wayn ATRL . Terre Haute Evansville

U. S. STATEMENT

WASHINGTON, Aug. 5 ( ).—Government expenses and Gi or P the current fiscal year through ug. 3, compared with a year a 0!

Expenses $910. 530. 931. 81 Roteibtd 388,090,519.76 t Gross ash

Work Bel Pub, Debt

ar 92, 051, ssa 123’ ‘930, 29 A 468.9 .29 522, 52.05 2.488.814. 270. 2 : 40, :68, 869,486. 12 9! 1275, 037 032.5

6,258,900,586.73 13,0 024.638.231. & 5 Sus 35 28,481,192.13 © 25, 613, 940.73

INDIANAPOLIS CLEARIN G HOUSE

Clearings Debits iE

$18, 503,000

Sealings, - A 18,303.00

Debits ......ecccc... Eiriessnnans

A SAFE DEPOSIT

IS LOW COST BOX INSURANCE 9 Different Sizes

$3 to $100 a Year

Security Trust Co. 130 E. Washington

TL,

TYPEWRITER

El B The representatives of the local x

C the market the !atter part of the Na J Those who will attend the sales|N

Atkinson, service manager, and Earl |§

and D. G. Danosdol, wholesale rep- |; 1, | resentatives.

Curb Stocks

High Low Am Super % ATkNGas cu pt. Asso E ’ Bell

i 18

21 ati} 1%, 13

Can Marconi .. Carrier Corp ... Cities Serv .. Cities Serv ot. laude J Neon Lis | Cleve El Ilum... 41 Col 0&G

cor wid St She OpPerw. EAGLE pr. pf.. Bd & Sh .

IMPORTS. OF SILVER

WASHINGTON, Aug. 5 (U. P).— Gold imports during the week ending July 28 were $41,340,323, less; than’ half the amount during the preceding week, the Commerce Department reported today. Silver imports during the week ended July 29 also fell—to $1,192,850 from $1,421,337 during the week ended July 21, the Department said. Silver exports rose sharply, from

$46.138 during the week ended July 21 to $407,580 during the week end-

oi eat ‘ed July 28.

"Griin

Dealers LL Hutnal

FIRE — CASUALTY AUTOMOBILE INLAND MARINE

INSURANCE at substantial savings

Ha. 3000 |

‘|but grew up in Kansas City. There {he studied the violin and, among

{gram he

day that it has started work on an| eight million dollar “streamlining,” |

crude oil capacity from 59,000 to|-

Neb Close e Change

Ya 13:30 Going South

AND GOLD DECLINE

: TOMORROW 10:00—Radio City, NBC. 1:00—CBS Symphony, WFBM.. 1:00—Chautauqua Symphony, NBC. 5:30—Erno Rapce, WFBM. 6:00—Charlie McCarthy, WIRE. 7:00—James Melton, WFBM.: ‘8:00—National Symphony, NBC. "eOOD MUSIC" By James Thrasher Kansas City’s other prodigy of the Marion Talley era has had a decidedly less meteoric rise than did the once-chubby coloratura, but he’s made it all the same. He is Izler Solomon, 29-year-old conductor, who tomorrow leads the NBC Orchestra in the first of two Sunday concerts. His debut performance is scheduled at 6 p. m.

tomorrow on NBC-Blue. Mr. Solomon was born in St. Paul,

the townsfolk, his musical talent |SC attracted about as much attention |P as Miss Talley’s, His progress was more obscure, however, and we don’t hear much more-about him until he turned up in 1936, as the conductor of the Illinois Symphony Orchestrs, Chicago’s WPA orchestra. He revised the orchestra’s personnel and concentrated his conductorial efforts upon contemporary works, especially those of American composers. The results were notable; someone called the WPA organization “Chicago’s spiciest highbrow musical institution.” * So now he gets his big chance with the summer survivors of Mr. Toscanini’s ensemble. For his prohas chosen a Bach chorale-prelude, “When We Are in Sore Distress,” orchestrated by Gordon. Campbell of Chicago; the “Capriol” . Suite by the Britisher, Peter Warlock, and Brahms’ Fourth Symphony. 2 ” Howard Barlow’s program tomorrow with the CBS Orchestra includes the “Froissart” Overture

brought him his first important notice, if not his first fame. The work was performed the Worcester Festival in 1890, but the heavy orchestration clashed

with the small hall, with a result ‘that the English composer had to

wait a few years before achieving his full stature in the public eye. ‘After this opening number, Mr, Barlow will turn to the “Haffner” Symphony in D Major, which Moz= art dashed off for the Haffner fam= ily .in the summer of 1782 and promptly forgot. And, as a con= cluding number, CBS-WFBM lis ‘| teners will hear Sibelius’ “Tapiola.” A Schumann collaboration of Robert, the composer, and Henrietta, the pianist, will feature tomor= row’s Radio City broadcast. Miss Schumann will appear with the Radio City String Quartet, but not, as one might suppose, in the Schu= mann Piano Quintet. Instead they wi play Godard’s arrangement of ann’s “Kinderscenen” for the and string combination. gh items in a promising program are the string players’ per formance of the Grieg G Minor Quartet and Frank Bridge's arrangements of “Cherry Ripe” and “Sally in Our Alley”; Miss Schumann’s collaboration in Men= delssohn’s D Minor Trio, and four songs by John Herrick, baritone of the popular Revelers ‘quartet. 2 = 2 .

The third broadcast in the Chaue tauqua Symphony series brings Mischa Mischakoff, NBC Symphony Orchestra concertmaster, to the microphone as soloist in the Lalo “Symphonie Espagnol.” Albert Stoessel will conduct, and the program (all-French) lists Berlioz’ “Roman Carnival” Overture; Debussy’s “Fetes,” and the second Daphnis and Chloe” Suite of Ravel, 2 2 s Charles O'Connell, who, like Mr, allel; conducts the Philadelphia Orchestra on occasion, will direct the \National Symphony Orchestra in tomorrow’s broadcast from- a barge on the Potomac River. The

(Opus 19) of Sir Edward Elgar, a a 8 2

INDIANAPOLIS WFBM 1230 tCBS Net.)

WIRF 1400

(NBC Net.)

program is not announced. 8 ” 8

THIS EVENING

(The Indianapolis Times is not responsible for inaccuracies in program ane nouncements caused by station changes after press Hime). INDIANAPOLIS

CHIC WIS WENR 870 (NBC Net.)

CINCINNATI T00 (NBC-MBS)

"4:00 Instrumentalist 4: 13 Organlogue hert W-rna= ti 5 Thomas Grandin

Dick Reed Norsemen

Tribe vs. Hens

El Chico Children’s Story

Kindergarter

Gere Erwin ” ”

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fe C of C, Dick Reed

Baker & Denton

srael’s .” Truly American

Message Bar.N Ranch :

Fortunes

~ Musie . Maestro Prof. Quis -

Dick Tracy Avalon Time » ”»

News Snorts Barn

Renfro Valley ”

Dance Avalon Time ” ”» g ”»

Vox Pop : Obelers’

Hit Parade

"” ”»

Plays Serenade

Barn Dance ” ”»

” ” LB ” ”» ”» ” ”» ”

Reflections

_Arm Chair Courtnev’s Qr.

Basie’s Or.

Canavan,

Rine’s or.

Hallett's pg Fields’ Or. Nok'e’s Or, » ”

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Mooslizh: Musie

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Zoo Opera

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1:00 King’s Or.

11: H:45 19:09 9.15 10.0 12:45

Van's Or,

Owens’ Or. Corneert - » ” ; ”

Silent

Nows Silent

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INDIANAPOLIS WFBM 123 (CBS Net.)

WPA Program Today's Problem

Miniatures

(NRC Net.) Silent

Wings Oyer Jordan Russ Melodies

SUNDAY PR

INANAPOLIS WIRE 14

Bible Hihlights

Werthle Trin J. Garber’s Or. Berrigan’s or.

Strong’s Or. Monn River ” ”

Silent ”

Ravnv’s Or. Ndies of Grace

OGRAMS INDIANAPOLIS CINCINNATI . WIBG 1050 WLW 700 : (NBC-MBS) Gospel - Children’s Hour

Hallenlah 4

‘Tahernacle ” .

Diversion Chyrch Forum

To: 2:0 News & ,Rhvthm : WW OC M 5 9:45 wim

Feld Sisters

1. U. Proeram Southernaires

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Melodies ” ”»

m:m 10:15 16:20 4

Melody Hour 10:43 » ”

Logan's , Musicale

Sone Service Melodies

Savenade Music Rhythm ”» ”»

Melodies “» ”

News Story Book Mu-ic Hall ” ” - »

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1n:n0 1118 " ' 11:70 Walpar~ Rpg

News: 11:45 _ Geo. Elliot Concert

Symphon Charm House Snaap'rta’ Time American Way

Cadle Choir Syrnhoneite ” »

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Aunt Fannie Round Table 1:00 Symphony

1:30 » 1:45 1

Pick of Town Roth Presents

Rhvihm Revue

Rh ythm Heaven Highways. Hollvwood Castletime

Baview

Stanley Corcert Hour

Aunt Fanny Round Table ”» ” True Story Ro; Aside Church

2:00 Musical JFun Vespers i

ik Maurice Hindus

* "” ~ Countrv_Journal

3 80 Catholic Conf. 3 45 Choral Prog.

Fr. Coughlin ” »

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Spelling Bee -

Planorama Haste Jess assavay :

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Moore’s Or. World Is Yours Hall of Fun Spelling Bee

& :00 Gay, Nineties 4: 0 Hollywood

Catholic Hour Musio

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5: 5: 5: 5: 6: 6:1 6:7

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Charlie McCarthy Organ

Merry-go-round ” ”»

Aldrich Family Peter Grant Meldoy Magie Charlie McCarthy

CHICAGO WLS-WENR 1780 (NBC Net.)

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Walter Winchell Irene Rich

Playhouse

Filter, Ninchel Irene

Softball Game

"8:00 Go to Fair 8:15

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Sissel’s or.

Levant's Jr.

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11:30 30 Martin's Or.

12:00 12:15

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Alexanders or.

Pater Grant Hall's Or. Castle Farm

Recordings ” » " ” Olsen’s Or. Duchin’s Or.

Berri an’s or.

Duchin’s , Or. Moon River ” ”» Silent ”

Rapp’s or. Nation Dances ”» ”»

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INDIANAPOLIS WFBM 1280 (CBS Net.) Early Birds ‘A ” »

(NBC Net.)

Devotions Markets

Tangs & Tivs

” News

Uther Plain 8ill

Roundup Scattergood Big Sister Life Stories

Girl [Interne Girl Marries Farrell's Kitchen

Lorenzo Jones Widder Brown Road of Life

Uncle Jimmy ~ Dessa ‘Byr Editor’s Linda’s Love

Singin’ Sam Dr.. Malone Farm Hour arkets

Bettv Grimm Valian Church Hymns

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12: 5 _ Light's or. 1:00 "Poetic Strings

:1 1% Consoles Fido

‘Headlines A oung on ng Light Backstage Wife Stella Dallas Vie & Midstream

Ritty Keene

"2.00 LeBrun’s Or. 2:15 Melodv Weavers 2:30 2:45 Ruth Carhart 3: 1g Pop Soneers

3:0 Cariyle Stevens 8 45 Miss Jul

“4:00 dyn 4: 15 Tea, topics

65 Judith Arlen

Previews nterviews

Dreamin - Ma’ Perkins ick Reed arieties

AL—WOR, 710; WHK, 1390:

WEAF, 660; WTAM, 1

Man I Jarrieq

Woman in White David Harum

d Daughter

5 ba BO eter t Lady

WIRE Reporter

MONDAY PROGRAMS

INDIANAPOLIS WIRE 1400

CINCINNATI WLW 1300 (NBC net.) Tex Owens Organ

INDIANAPOLIS . WIBC 1050 :

Prayer & Praise Revelers

Breakfast Jam Musie ”»

Time to Shine New

Gospel Singer Eh LL

a Rlakg Choir Loft

Linas Love Vie & Sade

Miss Road of Lite Editors Daughter

News Farm

Ne ass Cups Ma A.J Pash” % cotlights + Devot ons

Reflections This Is It Charm Hovse Today’s Hits Friendlv House

Gov't. Reports Castletime

Noon Rbythms

Brides Caryl Girl Lives

3% i Dobenter ! Ss Valiant Lad Church Hymns

Mary . Marlin Ma Perkins |

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Matinee = ° Carl Jefferies Band Box Shut-in Friends

Homer Doriot Workshop Concert

Lastistime Old Reteains Musio Hawaiians ‘Woman Specks

tr a, i n,, Counter Invitation Barkan, Vaughn deleath Matinee |

KEY NETWORK STATIONS (Subject to change):

‘VHKC, 640; ( , 1030; WSM, 850, -BLUE -WJZ, 760; WOWO. 1160; KG, 90; CHL 870: KWK, 1350. -RED— WMAQ, 670. :

WWJ, 920; 820; KM