Indianapolis Times, Indianapolis, Marion County, 7 August 1939 — Page 11

SER aR

: on ste

- STOCKS STEADY "AFTER DECLINE ‘OF TWO POINTS

Trading Turns Dull as List Holds Around Lows For the Day.

NEW YORK, Aug. 7 (U. P)— Stocks steadied near their lows in

- early afternoon trading today after

a aecline of fractions to 2 points in morning Yealings. Trading was moderately active. for a few minutes in the second hour when selling was heaviest, but turned dull later. London markets were closed for the bank holiday and markets in Winnipeg and Toronto closed for civic holidays. The Paris Bourse operated with prices steady for rentes (Government bonds) and lower in other sections. Some of the leading issues came back slightly from their lows of the session. U. S. Steel rose fractionally from a one-point’ decline and Bethlehem reduced a similar loss. Chrysler was down more than a point in the morning and then met meager support. Some of the recent favorites like

Safeway Stores and Montgomery|4

Ward were down more than a point.

(1923 -

INDEX OF INDUSTRIAL EMPLOYM

1925 = 100)

Nondurable Gogas

! !

| Source ‘U

.S. Bureou

Prepared by [Aoministeghive ond Research Corporation- -New York

of Labor Statistics |

1929

1930 1931

1932 1933

1934 1935 1936 1937 1938 1939

N. Y. STOCKS

Rails had losses ranging to a pointam Rad

or more. Coppers 'and utilities

joined the decline. points.

VEALERS WEAK IN TRADE HERE

Other Livestock Prices Steady at Levels of Saturday.

Livestock prices remained fairly stationary at Indianapolis today with only vealers displaying a weak

cultural Marketing Service. Hogs remained at

to 220-pounders remaining at $6.60. Vealers were weak to 50 cents lower with the top price at $9.50. Spring lambs were steady at.a $9 top. : ; :

CHICAGO LIVESTOCK

2 > Bhs 65: [email protected]; 270-300 @5.40; good sit SOWS, [email protected]; most 300-350-10, kinds, S0@s: 400-500 1bs., [email protected] Sheep—Receipts, 4000; spring lambs and Jsasiings of only moderate ely active, weak to wer, 10D tive spring lambs, $8.75; pull [email protected]; yd dahos, $8.25 @8.50; sorted 10 per cent and less; load good fed Texas yearlings. $7; shee steady; native s ughtel es [email protected]. Cattle—Receipts, calves, 1500; moderate supply light re and year: ling type heifers $icady; early top 1015-1b. yearling 50- fed heifers, $9.75; iy medium weight fis ood to near-choice steers here; nothing done, bidding 25 cents or more lower; plain and medium grades steady to 25 cents lower; mostly 25 cents off except light kinds; several loads strictly choice and prime weighty steers in crop, -run being largely grain-feds with bulk carrying considerable weight; fed heifers fully steady; cows scarce, weak; bulls steady at $7 down on sausage offerings; most cutter cows, [email protected]; vealers steady at $10@ 10.50; stocker and feeder supply unseasonally small,

OTHER LIVESTOCK

CINCINNATI, Aug. 7 (U ) —Hogs— Receipts salable, 2400: total, sn, hold160; uneven;

(ove $3.5 Cat ost Nal L300: total, 130 Calves—. TP salable, 400; total, 100, "market, slow and uneven. Grain-fed steers and heifers generally steady, some interest§ claiming weak to lower tendency * grass Jmerings steady to unevenly 7 on ca market; sows, steady with last week's decline; bulls weak under liberal receipts; loads and part loads choice 650-727 lbs. grain-fed heifers, $10; other good dry-fed Jpsivding light yearlings s SIS: 3 [email protected]; load good wei ghty steers, $9.25; bulk common and medium lightw eight grass steers and heifers, $6.50 3.355 strictly good beef cows scarce and & ible to $7; canners and cutters, $3. 250 : Yoalers steady with Friday top vea

IS, Sheep—Receipts, salable, 1500; total, 2350. Market, fairly active generally 25¢ lower; most good and choice trucked-in spring lambs, 5, 50@ DI Jo lots strictly oice to city ga, 9.50; common and medium, $6@8; buck abe discounted 50c or more under similar ewes and Yiihers; slaughter ewes unchanged, mainly

AFAYETTE, Ind., Aug. 7 (U. P.).—Hog market, steady; 160-200 ns: [email protected]; 200.249 Iss [email protected]; 240-280 lbs., $5.80

50 [email protected]; pigs, $5.7 down; roughs, $4.50 down; caives, $9@89. 50; lambs, $8.50 down.

FT. WAYNE, Ind, Aug. 7 (U. P.).—Hogs

bs., : $5.64; 100. $5. 40. 40 RS $3: oalves 50 50: lambs, $8

U. S. STATEMENT

WASHINGTON. Aug. 7 (U. P.).—Government expenses and AL for the current fiscal year through Aug. 4, compared with a year ago: This Year Last Year .$ 988,124,725.05 $ Sas.05%: 74.8 416,439,060.84 3 571,685.66 571,55 1 4

Expenses . Receipts .. Gross Def. Net Def. .

Customs .

INDIANAPOLIS CLEARING HOUSE

Cheatin s $2,551,000 Debit 2 5,850,000

LOCAL PRODUCE

Heavy breed hens, 12¢c; Leghorn hens, 8c; Barred and White Rock Spr ngers, 2Y2 1bs. and over, 32 colored springers, 2% lbs. and up. 1 Leghorn broilers, 2 lbs. and | o yer, Oc; 1 ie chickens, 2 Ibs. Iu over, 3c: old roosters, 13g. 1 strictly fresh country run 1 eggs. full case must weigh

bs. = ut f t, No Baga; No 8c. : erfa goe; be Prices Quoted by Wadley Co.)

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

CHAS. W. STOLTE

Plumbing and Heating Contractor

888 Mass. Ave. LI-7920 Res. CH-7920

ICE AND

Koko —————e eee | N P b i LAR Pon

Tel Co

Suir see COAL

Phone TAlbot, DRexel, BEImont 1334

Du Pont lost 2|AD pe Am Water W ..

C Saturday’s levels, the top price quoted on 210|g

> | compared

., |is $13,200 35: bonds to , | Chattanooga, Tenn., to obtain funds to purchase local properties of the

Tob B Anaconda .

3arber Asph 3est & Co

3urroughs 3yers. pf

Callahan C bell

Chry SO

Allied Mills ... Allg 2 Stores me

3ald Loco | ct 3en ‘Ind Loan.

A ” High Low 12%, 12%

ad & . Ship Build. Smelt |...

Cor Aion orp. .

alt. 20

eth Steel | ....

Mig i. “ Zinc . Celo! Certain-teed “ee Ches & .

Cluatt Wy ee 52 tendency, according to the Agri- ¢ :

Deere & Co ..

Dome Mines Du Pont

UK Bast BR Mill ...

+9 af ..106%2 13

Fed Lt & v Flintkote

Food Mach |....

light steers along with fed |Gen Elec 2 Gen Foods vase t | Ger Motors .... 3

en T&R |.

Goodrich oodyear

Hecker Prod - 13 & 8. 34%

Houd Her B Hud B M

al Oentra] r R T Nie Nickel nt P & P

oft, ns .

Mat. cIn cLe land 0 K 1 ont W otor

Nash Kelv .....

Curtis Wr A .

reyhound C

SF Glass eis

1 39% 2 31% 253% —D— . 19%, 19% “13008 32% 0% 160% ed 512 4Y2

9% 106%2 13

wn Wan «1134

3a%t

17% -20% 33%

Gen Am Inv .

Gimbel Bros ...

28% . 18% we 12 12 : 13 34% —

12 va

12Y5 4% 4%, 49% . 9%

49% 9% ——

16% 30%

16% 50% 16 3 44 ee 19% 19% Me

Mar St Ry pr pf 6% 6 hieson 23 23 re Pore. 58 58 n St 81%

. 81, . 28% 28% 1% 11 .. 51% 51% «oo 16% 16% . Ne

8% 6%

Net Last Change

L11+

a :

ThlErk LL LHL

11: +l

LEE: 08

oe oe * e .“. . .“.

Cl bE

2 Saturday .co.ceo

J Nat Avistion « t Dai

. Shi 1 . a SE il Glass.

- By United Press

DOW-JONES STOCK' AVERAGES 30 INDUSTRIALS

veuessesceds 14211 Week ABO ...ccoco000000000.. 148.26 Month Ago seeesscescss 183.79 Year AO ...cccccvce0e sess 144.33 High, 1939, 154.85; low, 121.44, High, 1938, 158.41; low, 98.95. 20 RAILROADS Saturday ......cc000 sananens Week Ago ..... Month Ago .,.. Year Ago High, 1934, 34.33; low, 24.14. High, 1938, 33.98; low, 19.00.

15 UTILITIES

+0.38 —0.74 +0.05 —1.34

Saturday cceeoee esesen cons Week AgO .,ce00.. Month AZO ..ico600000sc0es

7 Year Ago

High, 1939, 27.10; low, 20.71. High, 1938, 25.19; low, 15.14.

“i Net Last Change 9% + Ys

“y

i Ys

Hiss Low

201%

pd 7 63%

Pac Coast Pac Coast } pf.. Pac Coast 2 pf... ackar

oe = o~

THLE 4 pase”

5 =

oe @

0 m-Rand Republic Stl .. 17

Schenley Dist . ears Roebuck .

SERS a

BO bt bb pt bt] bb T= DAD

Seblteatd JERS FREESE Re PHRF "a

20th Cent-F pf. 3

Thies, BED ave U

Vanadium .s...

Warner Br i: .+ 55 Waukesha ot. West Union . Westvaco 5 of. White Rock ..

Yellow T 18%

pf.... 18Y%; Young Sheet .- 4144

NEW FLOTATIONS

TOTAL TO BE LOWER

NEW YORK, Aug. 7 (U.P)— and municipal financing for this week by 161 mu-

New state scheduled nicipalities

the Daily

ings for $27,156,811.

aggregates

$25,734,824,

with $33,140,763 last week,

Bond buyer said today.

The weekly average of new offerthe year to date is now

The principal item to be released

Tennessee bonds will| * Another fered next Cuyahoga refunding Cleveland,

first mort; Aug. 1, 1

ligations ing to $51

{ndicate the based on bu

of recent transaction

Cc! Indpls Water Indpls Gas Indpls P&L Indpls P&L *Lincoln N Ind N

Drostess La Pub Serv Co Pub Serv Co *So Ind G&E Union Title T Haute Elef

Van Camp Van Camp J

American 1 Of Amer Loa Citizens ha

TER §

Noblesville H

ichmond W Seymour Wa Haute Wa

,000 in electric revenue

be sold by the City of

Electric Power Co. These be sold tomorrow. sizeable loan to be ofweek is the $5,075,000 in River improvement and bonds of the City of

0., today.

The Northern Public Service Co.

531 of Hammond, Ind., has registered a 71 | $45,000,000

mlock of 3% per cent id bonds, Series A, due

Proceed of the sale will be applied to redemption of outstanding ob-

f the company, amount-

198,610.

oo ose ying ang

) | Auto Invest (Cor Belt 5

$B i

of Soi 6% od. of id *% pid..

0 com . Co Iilk 3 S ilk Co. pfd...

Bonds co 58 51...000000

6 ot s-Tavion nolds- % 55

We “an

pr . ater Wks 5% 34..

er Wks 5% 49..

LOCAL ISSUES

~The following iotasions by orp.

do not repregs, but mer y rely

the Indian-

market level

selling quotations

TWO STATE FARMERS SUED BY OIL FIRM

Two suits, each ' asking $25,000 damages, were filed by the SoconyVacuum Oil Co., Inc. against two Delaware County farmers in Rederal Court today. The suits charge that Charles L. Brunner and Ray Engle are alleged to have violated contracts made with the company permitting construction of a crude oil pipeline through

through their property. The violation, it is alleged, was refusal of the defendats to allow construction of the pipeline to proceed. The pipeline originates at Mitchell, Ill, and is to terminate at Lima, 0O., passing through Vigo, Clay, Putnam, Hendricks, Boone, Hamilton, Madison, Delaware and Jay Counties in Indiana.

INDIANA INCORPORATIONS

ud Indians or onditioning & Refrigera-

indianapolis; en. al A on Corp., ood Ave., Indianapolis; agent, Elittora Paschal same address; 100 shares no par alue’ construction business; Clifford Paschal, Zetta Paschall, Glen ‘Paschall. Raymond Brewer, Marion; registration of trade-marks, “Hava” and ° ‘Roxy,”’ class ; and advertising slogan, “Chew I es for Quick Relief Indigestion, class 6.

Jolly Boy's Club, Inc., 1833 Broadway, Gary; no capital stock: social and civic: Marrie Fountaine, Edgar DeVoe, Theodore Smith, Henry Snowden, William Evans. Wonder Acres, Inc., 734 Garfield, Gary; no capital stock; provide hunting, Jen ng and recreation Srounds and conserv t f wild life; Peter C. Smidt William H, Murphy, Karl IE Kunert, Henry

Tuberculosis and Health Assn., Inc., 903 14th St. Bedford; no capital stock: combat and’ prevent tuberculosis and conduct educational campaign for romotion of ublic health; Charles Blac burn Hugh urkheiser, Roy Beddoe, Phillip C. Furst, Dr. Claud Dollens, Ralph Moore.

es Island Land Co., Huntington: dis-

06 | solution.

07 St. 2 i Realt Cor 00 |change of agent Yo Ma on

niza0 par

alge. Imac, Irlc., 119 N. Michigan St., South Bend; agent, David D. Gross, same address; 100 shares no par value; ladies’ and children’s ready-to-wear and department slores: oS Peter Paul, Henry Abramson,

Mayflower Mills Wayne; reor| ton; ‘capital stock, Floo shares of

Leonard Hirsch, Inc. i Hohman § 3%. Hamm mond; agent; Hirsch,

ready-to-wear and accessory _ business ESolazd Hirsch, Amy A. Hirsch, BE. A. Mes.

wis aricks-Br nt, Ine, E. BroadLogans neport; Ssent, Ceo F. Hendricks Te address hares no par value; Ben and. shgrivie business; Peter Hend ricks, O. Bryant, Leo F. Hen-

oe o bilo Hold Cor East Ohicago; change of Holding, Corp. to 3432 Guthrie , st Chicago. Dundee Indianapolis; E. Ensley, 803 Virginia Ave., Indianapolis.

Steak ’'N Shake, Tne. change of agent to H Terie Haute House, Torre Haute de, Inc., T Haute; change of 8 t to Xi srr gn c-0 Terre Hau te House, au

Terre Haute;

Motive change ¢ of ed

er, fis Sdiceis too _—

‘history of the country on a nation-

2s Office Here

Adelman, c-off

LOCAL BUSINESS

Peters Says Amie Low

Rate Funds Available

An ample amount of funds will be available for financing the purchase of small homes under the new 4% per cent interest rate to be charged on loans insured by the Federal Housing Administration, according to R. Earl Peters, Director of the FHA for Indiana. Mr. Peters stated that a survey of the state mortgage market indicated that the private lending institutions were willing to do their part in making funds available for the financing of home purchase at the lowest rates ever recorded in the

wise basis. He pointed out that many FHA insured mortgage loans had been made locally at 4% per cent before this rate became mandatory as a result of the announcement by Stewart McDonald, Administetor of the National Housing Act. “This reduction extends to the home buying public the benefits of generally lower interest rates now prevailing in the money market,” Mr. Peters said. “With these reductions small homes can be purchased on terms as low as 10 per cent down and average monthly payments of $5.81 per $1000 to the borrower, including principal, interest and mortgage insurance premium.” .

Bendix Opens Branch

A branch sales and service office for Bendix home appliances has

Public Service Co.

dealer operations, for the firm, announced today. Carl DeBord, of San Antonio, Tex., is to be branch manager. He also will have charge of Indianapolis sales. Traveling representatives for the branch will be C. H. Rae of Madison, Wis., and Mark Golden of Richmond, Ind. A. C. Smith will be in charge of special sales and sales promotion, while T. H. Glass will head the service department and will be assisted by Jack Matthews.

Bonds Approved

A petition for issuance of 45 million dollars in first mortgage, 30year bonds and six million dollars in serial debentures by the Public Service Co. of Hammond has been approved by the Public Service Commission. The money is to be used to retire a present bonded debt of $48,916,000.

Sixth District Retires Part of U. S. Loan

" A voluntary retirement of $508, |° 500 invested by U. S. Government in savings and loan associations in the Sixth Federal Home Loan Bank District during June today was cited by Fred T. Greene, president of the Indianapolis Federal Home Loan Bank. The retirement is an indication of an accelerated flow of local savings funds into thrift institutions that are members of the Federal Home Loan Bank system, he said. Approximately one-seventh of the funds originally loaned to Sixth

been opened at 1507 N. Illinois St., N. F. Lawler, manager of direct

District home loan institutions now has been paid back, he said.

IWHEAT DRIFTS |

{trading on the Chicago Board of

IN LIGHT TRADE | AT CHICAGO PIT|

Cooler Weather, gather, Rain Aids Selling; Corn Futures Also Lower.

CHICAGO, Aug.7 (U. P.).—Wheat prices drifted lower in fairly light

Trade today. Cooler weather ‘and scattered showers in the spring wheat belt on both sides of the border encouraged the selling side in wheat, although pressure was not heavy. A holiday at both Winnipeg and Liverpool restricted trading interest, and there was nothing in the news to stimulate demand. Fair commission house ard local support developed on the decline, but rallies failed to carry through. Corn futures were depressed by rains in Iowa and Illinois. Reports on crop conditions were of a conflicting nature, but it was believed timely rains would prevent any further serious demage,

WAGON WHEAT

Indianapolis grain Slevators, are payi for No. 1 red, 58c; other grades on t merits. Cash corn, new No. 2 yellow, 45¢. ats, 29c. :

Corn and Wheat Region Official Weather

Today's Trade Notes

WASHINGTON, Aug. 7 (U. P)— Department store sales for the week ended July 29 were one per cent below the corresponding 1938 week, but remained three per cent higher for the four weeks’ period ended | July 29, the Federal Reserve Board announced today.

1% ‘|Lard, Vegetable Fats

Added to Stamp Plan

Times Special WASHINGTON, Aug. 7.—Secretary of Agriculture Wallace announced today that lard and vegetable fat products normally used for cooking purposes and made principally from cottonseed oil, would be added to the list of officially designated surplus commodities which can be secured with blue surplus stamps, under the Food Order Stamp program for distribution of surplus commodities to lowincome families. The addition of these commodities to the official surplus list will be made some time during August, at a date yet to be determined.

err

June Home Mortgages Sets Record High

Times Special WASHINGTON, Aug. T7.—June home mortgage recordings, other than farm properties, reached a

2 |record high for the year in value

and number, with $360,868,000 and

1, [128,005—a gain of $11,414,000 and

3401 respectively over May, the previous record month—officials of the Federal Home Loan Bank Board announced today. Residential construction in June, while far ahead of the comparable 1938 month, declined from May due to a seasonal trend and to about one-third fewer United States Housing Authority projects launched

% in June than in the previous month,

according to a study by the Board’s Division of Research and Statistics of building permits reported to the U. S. Department of Labor.

Steel Upturn Expected in

New Auto Demands

CLEVELAND, Aug. 7 (U. P)— The steel industry’s outlook is encouraging, although production has leveled off at 60 per cent after advancing sharply for three weeks, the magazine Steel stated today. The publication said that. demand for finished steel productions remains sustained and prospects are favorable for a more rapid upturn

ments, following the lull caused by labor difficulties.

June Hosiery Shipments Above 1938 Month

NEW YORK, Aug. 7 (U. P).— June shipments of all types of hosiery rose 6.6 per cent over the 1938 month, according to figures released today by the National Association of Hosiery Manufacturers. The association reported June shipments of 10,294,190 dozen pairs, compared with 8,660,289 dozen pairs in June, 1938. Gains in both the

| full-fashioned and seamless branches

of the industry contributed to the increase. June full - fashioned shipments amounted to 3,251,909 dozen pairs, a gain of 3.6 per cent over shipments of June last year: Shipments of seamless hose rose 8 per cent over the corresponding 1938 month to 7,042,281 dozen pairs.

3-Point Farm Program.

Held Economy Need

WASHINGTON, Aug. 7 (U. P.)— Lock

Rep. Marvin Jones (D., Tex), chairman of the House Agriculture Committee, said today that a threepoint farm program is necessary to national economy as long as we have a tariff system. He described this program as being a restitution and not a subsidy to the farmers. Rep. Jones recommended that a simplified farm program be adopted as a national policy and that it embody these three points: 1. A soil conservation - provision under which the Government would

and methods. : 2. Subsidizing the

Sale MEN'S SUI

Over 500. to Select From 3 6 Sods SE

ed Jeera? sty yles >a

shortly in automotive steel ship-|2e!

pay farmers for soil building crops | ;

retail channels to vent price collapse.

‘Steel Output to Rise 0.8 Point in Week

NEW YORK, Aug. 7 (U. P).— Steel mills of the United States will operate at 60.1 per cent of capacity this week, a gain of 0.8 point or 1.3 per cent over the preceding week, the American Iron & Steel Institute reported today. The rate is the second highest since the period which began last Nov. 28, being exceeded only by the 60.8 per cent rate established two weeks ago. Last week’s rate was 59.3 per cent, a month ago 49.7 per cent and a year ago 39.4 per cent.

BUSINESS AT A GLANCE

By UNITED PRESS GENERAL BUSINESS

S. Index in gold off 9 point to 60.5.

CORPORATION NEWS

American News Co., six months ended June 30, net profit $320,794, equal to 76 cents a share, vs. $392,489 or 93 cents a year ago.

Coca-Cola Co. June quarter net income, $8,254,421, equal to $2.07 a common share, vs. $7,226,720 or $1.81 a year ago; six months net income, $13,072,185, equal to $3.27 a common share, vs. $11,640,915 or $2.91 a year ago.

Continental Gas & Electric Corp. and subsidiaries, twelve months ended June 30, net income $3,583,902, equal to $10.55 a common share, vs. $4,161,631 or 13.24 previous 12 months.

Hobart Manufacturing Co., six months ended June 30, net profit

}| $532,528, equal to $1.87 a share on

Class A and $1.62 on Class B, vs. $322,004 or $1.16 and 91 cents respectively year ago.

N. Y. Curb Exchange and affil-

|iates (N. Y. Curb Exchange Secur-

ities Clearing Corp. and N. Y. Curb Exchange Realty Associates, Inc.), six ‘months ended June 30, net operating loss $69,252.

Chicago Stocks

Bastian-Bless ...co.se.

M Noblitt-Sparks ....c.ce. No’west ancp cose Swift & Co Zenith Radio

Curb Stocks

High Low 1 he

Last cheng

119 119 sa 34 34s — 21% 27 2742 % 2% 2% Ya

Alum Co Am. Am Cit ne

\rk Ne Sar’ Al A550

anes oy . Ya Blue Ridge . 1 1 Brewster Aero. . 4 7 Buff NEP pf... 22 3 22 Carrier Corp .. 13 13 Cities Serv pt.. 5412 54% Col o&G 3 0% : J 57

4 4 Am 4 1 Ya

4 "

ag H Pwr. TY No d PS 6 ‘pf. 1100 No Ind PS 1 pf. 19 Pac GE 6 pf... 43%

sR ELEIELHL +

ME ITIYPEWRITERS

All Makes Rented and Repaired Quality at a Price:

distribution of surplus products!

| one

through regular manufacturing and |}: low income Sambrid, groups. 3. A loan provision to pre- ! i" ig

’ Aug. 7, 1939 Precipi- State of Stations HizA Low tation Weather

Notre Dame .... 85 A : 1

69 67 66 66 64 67

Jayne cones lis

HaggERERiiE 58

DAILY PRICE INDEX

NEW YORK, Aug. 7 (U. P.).—Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for Unitecl Press (1930-32 average equals 100): Friday ....cccnsneseevecreishs 103.44 WEEK 880 wcccoeverncnesessss 103.87 MONth 2880 «..cossevsesvecsons 103.87 Year a0 .....s 00 vesvesesse 103.80

1939 High (May 26) eeeeeeo.. 108.02 1939 Low (July 24) 101.40

sees sevcse

FOREIGN EXCHANGE

NEW YORK, Aug. 7 (U. P.).—Following are noon cable rates on major cur-

rencies: Cable Rates Net Cha England nd) .$4.68 3-16 4.00 160- dtp Bl bill rate) ’ 67 7-16 4.00 1- 18 CEs a (doll 1.00 —.00 1-64

y (lira Belgium (belga) ermany (mark) o.. Germany (travel

) Switzerland (rane) . Holland {guild Tons) Jorway (krone) Denmark (krone) .

FOOD PRICES

CHICAGO, Aug. 7 (U. P.).—Apples—-Illi-nois weslthies, bushel, ces): Sweet Ho= tatoes—Louisiana, bushel, $3. California, crates, $1.75@32. Spinaehtiinois, - bushel, @50c. Tomatoes—Illinois, 20-pound flats, 25@50c. Cauliflower—Washington, crates, $1.50. square crates, 35@50c. bushels, $1.45@1. Onion pound sacks)—California whites, $1. a 1.20; Washington sweet spanish, $1.05: Iilinoise yellows, 50@55¢c; $1; Wisconsin yellows, 65c.

AIR-OCEAN TRAVEL UP

NEW YORK, Aug. 7 (U. P.)— Pan-American Airways’ Clipper ships carried more than 57,000 passengers and flew almost. 3,500,000 miles over regularly scheduled Atlantic and Pacific routes in the sec-

klahoma veilows,

ON THE

| TONIGHT

6:30 t Speaks, WIRE. 7:00—Ho) d, WFBM. 7:30—Guy Lombardo, WFBM. 8:30—Blondie, WFBM.

A famous “local boy” returns to his home town tonight when Bob Burns goes to Van Buren, Ark., for the world premiere of his newest movie, “Our Leading, Citizen.” The whole shebang will be broadcast at 8 o'clock, CBS-WFBM. The film will be shown at four theaters in and around Van Buren simultaneously and the program of welcome will be piped in so that all may hear and marvel. 2 8 = 3 Lew Lehr, author of “Monkeys is de cwaziest pebbles,” will headline The Magic ey at 6:30, NBCWENR :

Mr. Lehr is the gentleman who makes everyone else think he is “cwazier yet.” Actually he is recognized as one of New York’s brightest business men. ¢ a lot more than the Lilliputian' hat and Dutch accent he affects on the screen... . Horace Heidt, who had to give up to a troublesome appendix some weeks ago, will lead his Musical Knights once more at 7:30 NBCWIRE. This program is variously =

RADIO

refered to as a Pot of Gold and Answers to the Dancers. .!|. . An Indianapolis boy, Don Boland King,

was chosen the “Bright Idea Boy of |

the Week” by Madeline Gray, direc= tor of the program, “Bright Idea.” Seems that young Mr. King runs an

umbrella renting and carrying Serve .

ice. «a tJ » 2

The Order of Adventurers brings Capt. John D. Craig, who hunts for salvage on the ocean’s bottom; Arthur L. Burton, an American businessman just returned from China, and Dr. Roy Chapman Andrews. Dr. Andrews will tell about his entering a forbidden Buddhist

temple, the story he was scheduled

to tell last week, when he made room for Don Fendler, the boy who was lost for eight ‘days in the Maine woods . . . Ward Glenn, WIBC musicman, will present the following program on his recorded Finer Music at 2:30. p. m. daily: Tomorrow, Serge Koussevitsky and the Boston Symphony in “Peter and Wolf”; Wednesday and Thursday, Leopold Stokowski and the Philadelphia Symphony in Beethoven)s Eroica, and Friday, John Barbirolli and the New York Philharmonic Symphony in Chopin's Concerto No. 2 in FF Minor, 2 | 8 2

THIS EVENING

e Indianapolis Times is not responsible for inaccuracies in program ane

IND. APOLIS (CBS Net.)

Troubadors Tea, Topics

Judith Arlen

WPA Program Jordan "Cons.

7 News Music ”

(NBC Net.)

Dreamin Ma ak ns Reed

Ne Hietios Lone Ranger ” ” Ricardo Dick Reed Dick Tracy ”» ”

”» FBI Cases D’Artega’s Or. Hollywood Lombardo’s or.

or L Heidt’s Or. ” ”

Margaret Speaks

(Th nouncements caused by station changes after press time.) IpIANATOLS

CHICAGO WLS-WENR 870 {NBC Net.)

IN! ops (NBC-MBS)

Tennis Invitation patricia ‘Gilmore. Vaughn deLeath Swingtime |. Vincent Gomes Sports Lowell Thomas

Divorce Orphans Baker & Denton '0!

ts Paul Marti Maupin’s Science on "March Inside Sports

News Breezin’ Along Sorts ” ” agic Key ” ”» ”» ”»

Forum

. Margaret Speaks Am, Parade Heidt’s Or. ”» ”»

Leading Citizen ”. ”

Blondie Sensations ”» ”» ” ”»

Contented Hour

True or False Chi, Symphony | |

True or False Sensations

Amos & Andy Pleasure Time N. E. C. Prog. , Minstrels

Tribe vs. Birds ”» ”

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INDIANAPOLIS WFBM 1230 (CBS Net.) Early Birds

(NBC Net.) Devotions Markets =~ non Tunes & Tips ” ” ” ”

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Plain Bill Siepmother

Mary Taylor Scattergood Big Siste Life Stories

Girl Interne Girl Mar Fargell's "Kitchen

David Harum Lorenzo Jones Widder Brown Road of Life

Uncle Jimmie Dessa

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” Farm Circle ” ” Markets

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Exploring Kitty Keene Dr. Becker's Or. Caivis® ‘Stevens Previews Miss ' Adrian Rollini

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Judith Arlen

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Dick Reed : Fitzgerald’s Or.

INDIANAPOLIS WIRE 1400

Woman in White Byrd Editor's Daughter & Bob Grimm’s Daughter Music nt Lady i

WIRE Reporter

Backstaze Wife

Recordings Peter Grant

Strong's. Or.’ ” » Salute Herth’s Trio ” Shelly’s or. Marsico’s, Or.

ROGRAMS

INDIANAPOLIS WIBC 1050

Duchin’s ; Or. Moon “River

CINCINNATI (NBC-MBS)

Prayer 5 Praise Rirvy > White Reveler: Pion

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Ba & Bob Grimm's Daughter ‘Valiant Lady ¢ Church Hymns

Mary Marlin : Ma Perkins Re r oe = ing Ligh

Club Matinee ” ”»

Beautiful Life Midstream

Kitty Keene Is Ours Ravers Or. Woman Speaks

Ink Spots Air line! ners

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Matinee Ferde Grofe

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Pianorama Want a Job? Concert , Hour

Castletime Lillie King old Refrains Honolulu

Bargain Counter

Matinee ” 2” Lowell Thomas

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.

JOINS GENERAL FOODS NEW YORK, Aug. 7 (U. P.)— Clarence Francis, president of General Foods Corp., announced today | that Clarence E. Eldrdige, vice president of Young-& Rubicam, Inc., will join the company’s staff in Septem-

ond quarter of this year, the com-

ber as vice president of General Foods Sales Co., Inc.

NBC-RED—WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670. ; CBS—WABC, 860; WIR, 750; WHAS, 820; KMOX. 1090; WBBM, 770.

3% Px SAVINGS

sf AUTO OR CHARACTER

pany reported today.

HAVE YOU ROAD No. 1

Drive out beautiful Sceni

It's just a short drive to

gs CHICAGO Store.

a double pleasure since it has been re-surfaced with Kentucky Rock Asphalt . . . a smooth, safer, tire-gripping surface of natural sandstone rock asphalt that does away with the nervous driving * | tension experienced on ordinary pavements!

- » + drive out today and see the big difference in Kentucky Rock Asphalt!

GREATER SAF ETY FOR ROADS and STREETS

BEEN OUT 3 LATELY?

c Route No. 13. It's

On ing cars jhe

the Indians lis Spesqway T8C~ take those turns at better than 100 miles per hour, a oe do SS a. Ph id Rock Asphalt

Noblesville on No. 13

LTE

Rvery nook nd corner of Lake Michigans Michigan to “the. now be r surfaced road

Hooslere sand dunes of ’ Ohio river can over an all-weather

KENTUCKY ROCK ITE

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