Indianapolis Times, Indianapolis, Marion County, 14 August 1939 — Page 11

k MORE THAN 8 POINT AT N.Y.

. Trading _ Only Moderately Active; Most. Sections Share in Rise.

NEW YORK, Aug. 14 (U. P)— Stocks rose fractions to more than a point today in a recovery from the sharp losses suffered last week. The. list opened irregular, hesi-

‘tated through the forenoon trade Bacon

“and then started movi up in t afternoon session. an Wi ne only moderately active, however, with sales for the first three hours appfeimating 380,000 shares aga a si ar total in the same period Friday. =

Chrysler jumped to around the | BS

82 level, up 1%, after selling as low as 80%, and General Motors rose a major fraction. U. S. Rubber ran up a point from early easiness and Electric Auto-Lite rose almost a

point in a strong automobile-allied | nos

group. - ‘Bethlehem Steel pushed up 13% points to 61%, and U. S. Steel and Youhgstown Sheet were. up major fractiens. American Can rose 2 points and Allied Chemical and more. Electric 3 points and |§

SWINE AGAIN DROP

TO FIVE-YEAR LOWS =

* Hogs lost a 10-cent gain made here Saturday and today returned to the depths of the year, according

to the Agricultural Economics Bu- fo

reau.

The top price, quoted on 210 to|C

220-pounders, declined to the fiveyear low of $6 set Friday. Vealers were steady. with a top ‘price of $10.50 and sheep held to a $9 4op price in a firm market. ‘Ei ted salable receipts were: Hogs, 7000; -cattle, 1500; calves, 500, and sheep, 1000. yr. 5 oB Reps. Aus jaue: 508 i 8B .. 1 : aes os 6407) 14 ....

Barrows and Gilts | Packing Sows and |Good and ce.

4.40- 4.70 4.25- 150 4.00- 4.35

ibs cn CR On ACH Grips the

4.40- 4.65

Cattle and Vealers (Receipts, 1495.

Bulls. 8 Yearlings excluded) ee

9.50-10.25| Medium. 9.25- 9.75] Cutter and somman DB 4.75- 5.50 50{ All Weights Good t choice 9.00-10.50 |.

Com: medium. z 00- 9.00 ull .. 5.50- 7.00

"Calves {Receipts s 592) Feed oF. Stocker Cattle Steers Choice— 500- 800 800-1050. 00d:

babatnin RSS

2 oo g 338

750-1100 > : $ 8.75- 9.50 Heifers 8.75- 9.25

8.00- 9.00 8.00- 8.75

7.25- 8.25 6.50- 7.50 Ss

9.75 M 9.25 8.50 1.5002

5.25- 6.00

Good & choi Good ... $ 6.25- 6.75| 500 Seg $ 5.25. 25- 9.25 Medium . 5.50- 6.25! Mediu iy Cutter and 500 dow 8.00- 9.25 common 4.50- 5.50 Calves (hSiters) 3 25- 4.50! 500 down $ 8.75-10.00 (lo Medium— cutter) . 3. 75- 4.75| 500 down 7.50- 8.75 . SHEEP "AND LAMBS (Receipts, 1745) Spring Lambs Goecd and choice $8.50- 9.00 Medium and good ...... sheen 6.75- 8.2 Oo! 5.00

- Ewes (on shorn basis)

Good. and choice Common and medium

CHICAGO LIVESTOUK

Hogs—Receipts, 10,000; mostly weak to 10c lower: ia.15 good d and choice, ipa 240

as; bulk od 0 ibs. down, few $4.65; 360-500 1bs., $3.70

Hy el ts, 11,000; calves, 1500; eers and yearlings including heifer earings fairly active, steady to strong; stances 10@15c higher; medium weig and heavy steers less active, but generally Sready: Saply op: $10.25; several loads Hght dium weights, $9@9. Sankling. $8. 5 down; light heifers, $9@G ‘9.65. cows acutely scarce; strong to unevenly higher; bulls firm at $6.85 down; vealers steady, mostly $10. 0. down; stockers and feeders scarce, stead Sheep—! p 006; “spring lambs scne ally su sitad " natives, $8.75@9 freely; three iB

; also fo bs sorted with od ny 200 he ear: a5 vet no action on yearlings; qQorto steady; sheep little ; changed: naive Slaughter ewes, [email protected]

Corn and Wheat Region Official Weather -

—Aug. 14, 1939 ug, ecipi- State of

_ Stations

Fone 2" 00 Clear

J ee ‘LOCAL PRODUCE breed Rens 12c; Leghorn hens, i , 2V; srred snd Wh 12¢; He springers. bs ¥ chickens, iis Trésh country-run case be Rd 0 No. i 24%, @

: 284 Soe 2, 8c ois uel 50 Wadley Co)

L. E v INS ON | Annual Straw Hat, SALE ¢

aspen ema | © Just “Charge It”

Quality Clothes for the Family th on Easy Credit Terms.

JuLiAn GOLDMAN £Rio:

STORE "118122 N. Pennsylvania

0. J. EGENOLF MACHINIST ir 18; W. South, LI-6212

Repis, 1200 [East R Mill ... s 8 3200 Bitin Sch ... Ye

h Low on weather | $ oe 62 T Clear

men fe

: Net | High Last Change due loons 53% 53% + %

| | | i

+ oe

8 70 33% 5%

Am & Fdy. Am gs, Sug pf EIR

m e 3a > i pt sia

tht]

. a - SNE FEEEER 8 FEES

DH LHR HEE i

. oo. oe .

a £

39 pf. au 27 Atlas 2 pf 13% Aviation Corp 4% mB 4% 66

4 4 4 4 4 4 4 4 4 4 4 4 £ 4 4 4 4 4 4 4 4 4 4 4 & Am 4 4 £ 4 Ar 4 4 4 4 4

DHE] hl

. .

Balt & Ohio.. Ban r

Saas ere

an. . teel .... Blaw-Knox ... Bon i A

SHH HL

Burroughs .... 1 Butler Bros . Byers, A M Byers pf

+++ Tse

Callahan Zines . Calume, & H

w THERE

| 1S

Colum Gas «... 2 Com Credit .... 46 Com Inv Tr .. 5 Com & Overs Le Comw dison Olll'W

Dhl EH ith 13

Crown Zeller .. Crucible St oo Cub Am Sug... Curtis Pub Curtiss Wr Cutler Ham ... et

Deere & Co .... 18% Dist Se 17% Dea nes 1. 671 eri ue as Be ess Du Pont ...,..160%4 159%

41 1

18% 17%

Auto-L . 9% Pw&L 36 of 31%2 End Jonns oF. “107, g Pub 8 .... 13%

ire. t Firs lintkot 1912 "ood Mch cu ..107% 17% Toster Wheel «17% 17%

en Cable .....

47Y 107% 22 oe dyea av 3% raham-Pail e. OY % 3% . Gt North pf... 25 25 % Greyhound Cp.. 18% 18% 18% Ys Homestake .... 64% 6474 46%, Ys Houd-Her B |... 12% 1315 13% Y Burp Motor |... % Ys 7s oe HE ae 5%

QAQQQQOQ0 33

Int mama. 5% — %

UPTURN FORECAST AFTER LABOR DAY

Times Special NEW YORK, Aug. 14.—Better business after Labor Day, with the last half of this year witnessing the best business record during 1939, is the forecast made today by Henry H. Heimann, executive manager, National Association of Credit Men, in his Monthly Review of Business. “Whether or not the moderate, encouraging business upturn, which developed |in the middle of July, holds through the summer weeks,” he points out, “it can be regarded

5 as a probs ble forerunner of better

business after Labor Day. “The improvement in business should continue through the holiday season. Trade then should equal or better [that experienced a year ago. On [the whole, 1939 should prove better than 1938, both as to business |volume and earnings. Whether it will equal the reasonably satisfactory year of 1937 is somewhat ines Bry but the possibility does exist and the record of the next few weeks will be quite important as to this | [possibility RE realized,” he said. |

OTHER LIVESTOCK

CINCINNAT: Aue (U. . Receipts sal bre, 300 Pak 3500, or y . ButcHers from 200-225-1b. 10c lower. arket steady. Top. $6; 225- : 100-140 1bs., [email protected]; sows,

Cattl le_Peceipts salable 1500; total, 1500. Calves—Sali\b. 500; total, 500. Rather slow. ary-fed heifers and light Jeatlings heavier fed steers and most ‘medium grass steers and oy we kK, canners to medium cows firm, bulls eak to 25c lower, choice light yearlings, [email protected]; bulk steers medium

sdium $

3 and . canners ang Tare. [email protected]: practical top sausage bulls, $6, bulk, $5@6. vealers steady, top.| $10, good and choice, $9.50@10, culls to medium, $6.50@

6.50 eep—Receipts salable, 1700, total. 1900. Fairly active, generally steadv with Friday, guslay 2nd condition considered. Most good d choice trucked-in nearby spring Hi Ta 88. @9.25, few lots strictly choice ewes and wethers to city butchers early 3 50, common and medium grades, $6@ ulls. $5.50 down to around $4 for infori light eights, buck lambs discounted 50c or e per hundred weight under similar oo 5 ang Ry slaughter iy mainly g Tost hegvies groung 2 u

FAY on 14 « 330 Market, 5 10c ToneF: 160 Cg 1bs.. $5. 50@ 0: 200-2 1bs.. $5.70@5. 90: 240-280 1bs., $5. [email protected];| 280-325 Ibs.. [email protected]: pigs. $5 down; roughs. 31. 28 down. Caives $9@ |C

d 50: lamb Ss 33 50 d 3 FT. W. nt E; Ind. Aug. 14 (0. ake s — 8 10 Sig S ower: 3 60; 920.240

02 > jo0-Is si ‘280 1bs. Lai: = 306338 Ne $4.70; 00-

bs.. $5.05: 120140 1b 37 io0 120 in: $4.85. Roughs.

$4; stags, $3. ‘ calves, $10; lambs, $8.25. Se——————r

DAILY PRICE INDEX

NEW YORK, Aug. 14 (U. P). — Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled| for United Press (1930-32 | E average equals 100):

e000 0000000000000 00s 102.42 Month ® cecescessesssssss 102.76 Year a i vsseeeenvsnseens 102.81 1939 High ‘(May 26)..v00....108.02 1039 Low Wuly M) ieee. 10140 - a

See Final Edition ' of the Times

| for Closing Stock Quotations

nd Other Late News

Week age

1, | Sper

s | Sunshine Min’ ..

_ | Expenses .

Friday ann 102.31

-N. Y. STOCI

By Onited Press

DOW-JONES vroon AVERAGES 30 INDUSTRIALS Saturday oc..ooeccofeecia... 138.42 Week AZO ...oceccovsnscesss 140.76 Month 880 ..ccocivssscceses 142.58 4.50 Year ago ........ AR +0.97 High 1939 154.83; ‘low 121.44. High. 1938 158.41; low 98.95. 20 RAILROADS Saturday teens Week ago Month ago Year ago High 1939 34.33; low 24, 18. . High 1938 $3.98; low 19.00. 15 UTILITIES Saturday .......cc00000 Week 280 .c.oc.covs0avences Month 880 ....cco.o0000i000 Year ago High 1939 27.10; Yow 20.71. High 1938 25.19; low 15.14.

+113 —1.35

28.35 28.80 29.14

*sessggenvse @cegtsgeenesccncs

ecseasgesovsssnes

; Hiab Low IB ‘Nickel .. Ta P&P an

er ensnee 35 15 Loft, Inc ‘18 jae Loose-W Bis ... 19 19 Lou G&E A..:. 20% 20% wel Marshall Fld .. 14% 14% Martin G1 ..... Mocal Corp py ET: i VfeGraw Ei 23

ac . ont Wa rd hins Mig’ EB.

urray

h-Kely

P+: f+ se a

++ a

DN ma!

ea - “ . ow Pi SF

FRR RRS tA Ee

OW CILILIDIW

NED ars | Dat nN

dire arn Pitts Stl 5 pf.. droct & G pf..117 Pure Oil .

2 Socony-Vacuum. i So Cal Ed . 28% 13% . 25%

. 43% 67% 6: 0%

10 i a

South BR of . Spike! ne L: Brands il NJ . Studebaker

aaa at iit Prod

Tiasken. R B .. EAS .e

T! on Sih bn Celt Fox. . Un Air Lines ..

10 43

Vanadium - .... un Victor Chem .. 242 Vulcan Det ... 76

alker - (H) ralwo rth ar Jes! Jes Vesti es yoolworth ...

eee 43% xf

Yellow Tr ..... 15% Young S&W ... 12

JULY EMPLOYMENT DIPS AT SOUTH BEND

Times Special SOUTH BEND, Ind, Aug. 14.— July industrial employment and payrolls in the South Bend-Misha-waka area declined from June, but were still far above the 1938 month, according to the Association of Commercé of South Bend. July employment was 92.6 per

cent of normal as compared to 93 per cent in June and 63.4 per cent in July, 1938. The July payroll index stood at 106.5 per cent as compared to 114.8 ‘per cent in June and 58.2 in the year ago month.

SYNDICATE SOUGHT TO AID DUTCH BANK

AMSTERDAM, Aug. 14 (U. P.)—

15% 12.

delssohn & Co. applied officially to the Amsterdam court today for permission to suspend payments.

a syndicate to take over the bank’s

<— | French Government, with whom the bank had heavy dealings.

Chicago Stocks

Ww Athey Tr Whi.. Len Ce ent Ill PS p

U. S. STATEMENT

WASHINGTON, Aug. 14 (U. P.).—Government expenses and receipts for the current fiscal year dhrough Aug. pared with a year a Year

Receipts Gross Def. on: 983, 1890. 3 Net Def . 613,829.4 Cash Bal 2.457. 241, ior. 1 2, 293. 390. Work. Bal. 1.768,872,495.91 1,638,326, Rub. Debt 4 773.830.694.60 37,352,169. Gold Res. .16 8.350 3.18 63.21 348 13.034, Customs . 491.28 33,120,880.88

INDIANAPOLIS CLEARING HOUSE

Clearings .......... 3 Debits . 6,971,000

NEW YORK, Aug. 14 (U. P.).—Following are noon cable rates on major curs

rencies: " Cable Rats Net change

e ve Germany. mark Germany, sravel mark witzerland, nc Holland, Gilder Sweden, Norway, krone ... Denmark, krone .

LOANS SET NEW HIGH Times Special s . CHICAGO, Aug. 14.— Savings, building and loan associations In June topped all previous months of the decade with loans of $94,154,000 to home-owners, the United States|p Building and Loan League reported|r® today. This banner month brought the total for the first half of the year up to §

FERRE RY)

per cent over 1938's like six

The private banking firm of Men-,,.,

Attempts were being made to form |Com responsibilities with the aid of the |El Bd&sSh

w 3 1 Wiworth Rwy pt’

11, com- |:

I his ast In $1. Le 229 821. 01 $1. or 714,138.72 36.28 635. j5 a: 34 I

FOREIGN EXCHANGE Amer

,955,000, a gain of 16 months, | aller:

The house pictured above has been selected by Better Homes & Gardens Magazine as its Bildcost Gardened-Home Plan No. 909. A Cape Code style house, it features an unusual stairway, which is placed at the rear of the living room, making it possible to have three bedrooms on the second story. A double bedroom is placed over the ‘living room, a smaller one over the dining room and another over the garage. The house is designed for a 50-foot lot and she magazine Claim its Sonsiruction cost is small.

“WHEAT RULES

ABOUT STEADY

Market Interest Is Small;

+ Lard Futures Slip to 5-Year Lows.

CHICAGO, Aug. 14 (U. P)~—

*| Wheat ruled about steady in light

mixed trading on the Chicago Board of Trade today. Market interest was small, and prices moved in a narrow range. At the close wheat was up 1% to 3% cent. September, 65%. Corn was off 4 to 5% cent. September, 43%, and oats were % cent lower. Sep-

wary tember, 28%.

Initial wheat prices were frac-|; tionally lower in sympathy with|] Liverpool, but scattered short covering and commission house buying |B steadied the market in the first hour. The Canadian market showed an

easier undertone. North American export business was limited to sales of about 100,000 bushels of Manito-|C bas. Corn prices held steady most of the session, but selling regarded as hedging accounted for fractional losses in late trading. Purchases to arrive totaled over 100,000 bushels. Export business was flat. Lard futures tumbled as much as 20 points at the opening, with all deliveries at new five-year lows. Weakness in hogs and cottonseed oil stimulated the liquidation. Some recovery was made near the close.

WAGON WHEAT

oi) anapoiis fain Slevators are payin ‘red, 58¢c; 0 ner grades on their a: Cosh .corn, new No. 2 yellow, 45¢c. Oats, 29¢c.

Curb Stocks

Net High Low bast Change 6 6 +

23% +%% 1%

1 -1 3% — Ya

“83° T1-3

Rep oe Brewsier foro . Buff NEP BE. . Can Marconi. Cent CStEl 6 pf.. Cities Serv pt. So w

DOOD NE § Besa FEONE REE REE

>»

Nia U Strs Md

a 00 © MD NAN WWD MN DIP DOIN nen

DANII OI

LOCAL ISSUES

follow} uotations by the Indianapolls Bo & share Corp. do not represent ry price Fofterings, but merely indicate the approximate market level based on buying and selling quotations of recent tas ions. - Stocks

.iaibie anaes see

Auto BEves Fh Gomi’

& Stk

Is 6% pf *Lincoln Nat Life Ins Co gon: ind up gery 3p ia:

5 oo ee - 11% d 6% he i Ind 7% S18 Van Camp. Milk £8 El an Os .e Van Camp Milk Co pfd...... 6

Bonds American Loan 5s 51.... Loan Citizens hi d T s 61 grabbe B <yaolds- Taylor Home Tor Few 6% 43

C Morris 5 péal0 Stores 5% ; Natl Silk Hosiery Mills 5s 42. Noblesville HL&P 6%% 47.. Ohio Co

(By M. P. Crist & Co.) Market St Investment Corp.. 21.10 21. , a3)

FOOD PRICES ~

CHIC in Wea Aug. 14 (U, P.). Michiga ealtiies bu., 50@75 toes—T "/u.,” $1.15 Be ots Catitornia. ater '$1.85@3. ichigan Toma toes—Mic ay “Baskets, 0 ase, Cauliflower 1.15

rado, 198..C $guare © crates, 356@ 'olorado,

oe ’

in July.

rope tl]

. Onion Market (50-1b. sacks) — it ellows, Be 1}

LOCAL B USINESS

A new electrical appliances store has been opened at 225 E. Washington St. by R. and R.; Inc. : The store, which is headed by James Messler, who has been in the

retail appliances field in the city for sou

14 years, will handle a complete line of refrigerators, racios, ranges and washers as well as small electrical |3 appliances. = . Miss Alma McMillan is secretary

‘of the organization and Miss Flossie On the|§ H

Sunkelis credit manager. sales staff is Albert Reep, Walter A.

Wickersham, Norval DeMott and R.

Mrs. Pearl Bakemeler.

STATE INCORPORATIONS

P.T pooorge & Co., Inc, Indianapolis: 2 ent, Thomas G. Sinclair, Indianapolis; k, 100 Flares of $10 Dut value; deales in meat and food products; illiam Sincjarr, Howard C. Greer, Harold H, Per-

BS Rristiana Hydraulics, Inc., 1010 N. Main ot. Elkhart; agent, Herbert E. Bucklen 114 W. Beardsley Ave. Elkhart; Stock. 2060 shares common: to utilize water pow na Christiana Creek. Elkhart Counts. "Ind. ther streams or rivers; Herbe Bucklen. Herbert E. Bucklen, Robert L

ion of Pittsburgh Oil & Gas Co. Delaware corporation, to transact business or antral iirolean production; agent,

511 Merchants Bank Bide toting apolis olis. nited Service Station of Operators of Indiana, Inc., 284 N. Miley St., Indianapolis; agent, Guy N. Cu hoe same address; no capital stock; economical welfare of its Te Be Guy i Sia ings, ‘Lee Cumming s, T. Wayne L. O.. S Chevrolet com 331-333 8. Lafayette Bt. South Bend; 0. Gates, same address; general Be comobile

value and 500 shares class 5 no

x. |C. M. Self Becomes Official

E. |cinnati, today became executive as:|sistant of the Chicago, Indianapolis

{L. FP. DeRamus, chief executive of-

business: Stack, op] shares no par value; . O. B. Gates, Rose I. Gates. " AGmivtion of ¥. c McBride, Inc., Delaware corporation, carry on neral JSifoleum business; agent. Jacob 8. ite, 54 Merchants See Bldg. ;Indianapolis. . Lu igan St., Sie Tg ne Oo. E. I Deri L Ct 0., Ineo 3141 Colege Ave. emis s; agen a Sains address; sale pol s, and chemicals k, 500 shares class of ar va bat oiliam E. Call, Z. B. Boker, Maude E. Brazil Block Fuels, Inc., 400 Block. Terre Haute; agent, mbill, 613 Morohants ank B mir stock, 40 shares OE yi value and preferred stock of 325 ar value; James Sines’ Robert

$25

m, Bry P. Koenig; general A) busine ‘Registration of the word “Challenger” as trademark in Indiana by the National Garment Co., South Bend, Widey Slass 38. Westinghouse X-Ray . a Delapare corporation; change % resident agent J. Morgan, 137 Pennsylvania St., Indianapol is.

Of Monon Railroad

C. M. Self, terminal trainmaster of Southern Railway System at Cin-

and Louisville Railway, according to

ficer of the Monon Railroad. Mr. Self will maintain his headquarters at Chicago. A law school graduate, he has had wide experience in the railroad business and comes from a familly of

reilroadmen.

Today's Trade Notes

NEW YORK, Aug. 14 (U. P)—

Steel mills of the nation will operate this week at 62.1 per cent of capaci-|c ty, up 2 points or 3.3 per cent over last week and the highest rate since last Nov. 14, the American Iron & Steel Institute reported today. ° Last week’s rate was 60.1 per cent, while the figure a month ago was 56.4 per cent and a year ago 40.4 per cent. The previous high for this year had been set in the week beginning July 24 with operations at 60.6 per cent. In the Nov. 14 week last year operations hit a 1938 high for more than a year of 62.6 per cent. With exception of the latter, therefore, the current week's rate will be the best for any week since Oct. 11, 1937, when operations were scheduled at 63.6 per cent of capacity. The gain for this week was somewhat better than had been expected.

| Westinghouse se Employees

Get Bonus

PITTSBURGH, Aug. 14 (U, P.) — A wage bonus of 8 per cent will be paid 43,000 émployees of the ‘Westinghouse Electric & Manufacauring Co. this month under the Westinghouse wage and salary plan, it was announced today. The payment is established each month in proportion to net earnings of the preceding three months. Net earnings for the last three months - were $3,546,186, of which $1,198,740 was earned in May; $1,573, 605 in June and $773,841,8841 Last month, the bonus amounted to 10 ) per cent.

Steel Structural Mill - Rebuilt, Modernized

WEIRTON , W. Va. Aug. 14 (U. P.)—The Weirton Steel Co.’s structural mill has been rebuilt and modernized at a cost of approximately five million dollars and now is ready for capacity production, President Thomas E. Millsop announced today

Gas Appliance Sales

Bound in 1938

' NEW YORK, Aug. 14 (U. P)— Gas appliance sales during the: first six months of 1938 showed gains of as much as 100 per cent in certain divisions as compared with the corresponding 1938 period, the Associa-

tion of Gas Appliance and Equip30 reported to-

ment Manutacturers

day / Widest gain was shown in the gas fired furnace division (house

INDIANA TRUST co.

Allied With ‘The Merchants National Bank

heating equipment), where sales registered an increase of 101 per cent. Gas range sales for the half year were 38.4 per cent over a year ago. Sales of gas refrigerators were up 30.0 per cent.

Orders for Machine Tools Reach 2-Year High

"NEW YORK, Aug. 14 (U. P)— The index of .new machine tool orders, compiled by the National Machine Tool Builders Association, reached a new two-year high in July at 2309, a rise ‘of 19.3 points for the month, it was reported to-

The July index was the best since. April, 1937, when the gauge stood at 2825 and compared with 211.6 in June of this year and 89.6 in July, 1938.

Asserts All Elements for

Recovery Present

SPRINGFIELD, Mass, Aug. 14 (J. P.)—Col. Charles E. Speaks, president -of the Fisk Rubber Co., declared today that all fundamental elements for recovery are present and that a national ‘“come-back” depends only upen the re-establish-ment of courage and a sensible revision of national economic policies to stimulate investment. The depevelopment of new products and new processes in the past 10 years has opened new horizons to business enterprises, he asserted.

LOANS TO BROKERS, DEALERS SHOW DIP

WASHINGTON, Aug. Aug. 14 (U. P. )— —Loans to brokers and dealers in the week ended Aug. 8.totaled $484,000,000 down $17,000,000 from .previous week and a decrease of $15,~ 000,000 from the like week a year ago. Other loans for purpose of purchasing - or -| amounted to changed.

G. M. C.-CORNELL INDEX UP . NEW YORK, Aug. 14 (U. P).— The General Motors-Cornell world price index of 40 basic commodities

carrying - $186,000,000, : un-

changed to Monday night, has been moved up a half hour to 7 o'clock, NBC-WENR. Jerry Colonna, originally scheduled to perform, won't be on the program. He's on his way to the coast to take part in Charlie Chaplin’s new movie, “The Dic-

tator.” an’s Radio Show burlesque the other night for the same reason.

Eddie Gardner headline the show. Mr. Gardner you will remember as Archie in This is New York.

Congress at 6, CBS-WABC. . .. The broadcast from the Sforzesco Castle

NBC-Blue. . . . Webb Miller, famed foreign correspondent, will take the spotlight on the Order of Adventurers at 6, NBC-WCFL. The broad-

Lowell Thomas. Sir Hubert Wilk-

gram. Tschaikowsky, Rachmaninoff, Moussorgsky and Mana-Zucca. Rein-

THIS EVENING --

(The Indianapolis Times is not responsible for inaccur: ot nouncements poner by station changes after ress times) actos in program an

INDIANAPOLIS w 00

coos | meee | eras

Sibert ow :

shares 6 per cent cumula Dae i

securities

6:30—Margaret Speaks, WIRE. 7:00—Hollywood, WFBM. 7:00—Magic Key, WENR. . 7:30—Guy Lombardo, WFBM. 8:30—Blondie, WFBM.

The Magic Key program, recently

He missed William Saroy-

Col. Lemuel Q. Stoopnagle and

2 2 =» Rep. Joseph W. Martin (R. Mass.), leader of the minority in the House, will review activities of the 76th

first act of Verdi's “Othello” will be

in Milan, Italy, at 2 p. m. tomorrow,

cast will come from the home of

ins will take us to the Arctic and Admiral Richard E. Byrd will relate adventures in the Antarctic. . . . The Contented Hour, 8, NBCWIRE, presents an All-Russian proThe compositions are by

hold Schmidt, “Nichavo. ” yn The first of six night games scheduled by the ago White Sox will be aired at 7:30,

WIND, with Pat Flanagan and John bo?

Harrington at the mike. The Sox

play the St. Louis Browns ion a

. . « Some of the techniques used in

organizing and running a baseball a

scouting system will be broadcast at 5:30 p. m., WBBM. The material is taken from Chicago Cubs files,

which may or may not be a good...

thing. s =» »

"Author! Author! is host hd P

to Heywood Broun, Indianapolis Times Columnist; John Chapman,

New York newspaper columnist;

Carl Carmer, author of “Stars Fell on Alabama,” d Bayard Veiller, author of “The 13th Chair.” will hear the ending to a novel and

then provide a logical plot. . . . Joe ~ Emerson’s Hymns of All Churches, at 12:45 p. m. tomorrow, NBC--

WIRE, features, among others, the spiritual, “Steal Away.” .. . Breeding values of dairy cattle lyzed at 10:30 a. m. tomorrow, NBC-

WMAQ, by Dr. J. F. Kendrick. Dr. -

Kendrick is in charge 3 dairy herd

improvement investigations for the

Bureau of Dany Indus TY.

| Fred Werte is Eells presenting one of the most novel programs on the air, with his ball scores in song by the “Vochestra.” After the broadcasts he usually gives the studio audience an core show longer than the original. The other night the encore show was broken

up by the announcement that Doug

2 = 8

INDIANAPOLIS WF. 1230 (CBS 'Net.)

Troubadors Tea, Topics

Judith Arlen

IRE 14 (NBC Net.) Basonology .Ma Perkins

Dick Varieties

sonn

Corrigan, the wrong-way boy, was

sitting. in the balcony.’ Lf 8 88

CINCINNATI

CRICASO 870 WLW _700

S-WENR-{NBC Net.) (NBC-MBS)

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KEY NETWORK STATIONS (Subject to change): | MUTUAL—WOR, 710; WHK, 1390; WHKC, 640; CKLW, 103; WSM, 850. NBC-BLUE--WJZ, 760; WOWO, 1160; WLS-WENR, 870; K NBC-RED—WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670. ; CBS—WABC, 860; WIR, 750; WHAS, 820; KMOX. 1090; WBBM, 790.

1350.

FLOTATION TOTAL LOWER THIS WEEK

NEW YORK, Aug. 14 (U. P)— New municipal financing scheduled

by 108 communities for this week amounts to only $8,471,130, com-

a weekly average for the year to date of $27, 556,130, the Daily Bond Buyer reported today Included in the y nting week's financing are only two issues aggregating more than one million dollars each. The first is the $1,242,000 flotation of city of Norfolk, W. Va, to be released tomorrow and the other is $2,700,000 of Nassau County, New York, bonds, which will be sold Thursday. The Public Service Commission of New York State has authorized the New York Power & Light Corp. a Niagara Hudson Power Corp. sub- | F sidiary, to issue $66,582,000 in first mortgage 3% and 3% per cent bonds for refunding presently outstanding obligations.

NEWSPAPER ADS GAIN

CHICAGO, Aug. 14 (U. P.).—Retail newspaper advertising during the week ended Aug. 5 rose 4.5 per cent above the level of the corresponding week last year, Advertising Age reported touay. —--_ al

RIGHT FROM YOUR DOOR

Use our e-sending “home” gervice esigned especially for for usy housewives. Anythin want to send will be or at your residence without extra charge in all cities and principal

for the week ended Aug. 5 was 60.2,

revised figure of 60.1. The United States index in gold increased os point to 61.1.

Gite, fons,

#2 E5 The CHICAGO Store

146 EAST WASHINGTON ST. |

compared with the previous week's

~ towns. Just phone us. RAILWAY | EXPRESS

1839—4 Crs wads Servie—1839)

on on Everything!

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

pared with $39,034,824 last week and | fi

For WATCH REP AIRING

Between Illinois St. and Circle

- OUTFITTERS TO | MEN. WOMEN and CHILDREN

Svings

THE MODERN CREDIT STORE £1129 W. Wash. Rss. Tie" 57

% Exacting . . . WATCH REPAIRING At LOWEST PRICES

STANLEY JEWELRY CO.

113 W. Wash., Lincoln Hotel Bldg.

tae =n HOSIERY . . .

KINNEY'S

138 E. WASHINGTON ST.

Saxophone Instruction INDIANA MUSIC co.

115 E. Ohio St. LL. 4088 .°

SHERWIN WILLIAMS Has a Paint for Eve Purpose. It Lasts Longer.

VONNEGUT'S

| "AUTO AND DIA OND LOA S .

WOLF SUSSMAN, Inc.

239 W. WASHINGTON &T ST.

§ Eo. vi Opposite stehouse.. L1.2749.