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

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TUESDAY, SEPT. 5, 1939

U. S. TRADERS SCRAMBLE FOR

WAR STOCKS’ £77

Foreign Markets U. S. Trend; London Again Opens Exchange.

By UNITED PRESS

Americans scrambled to buy “war | A “ | Aint iation Corp ..

babies” in the stock markets when trading was resumed after the holi-| day today.

Foreign markets followed the war |]

trend to some extent, notably at Amsterdam. The dollar soared. | Trading was resumed in the Lon- | don stock market. The Bank of | England fixed the gold price at aj record high.

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Geloter

G8 Buyers at New York ran wild to Shes & & “Onis accumulate war stocks which soared | Chrysler

5 to 15 points in such volume that!S tickers were session Trading to noon in stocks totaled 3,040,000 shares, an amount larger than any full session this year. |

was the most business for a similar ©

period since Oct. 19, 1937. Dow-Jones Average Up

The Dow-Jones industrial average jumped 9.20 points, widest gain since Oct. 6, 1931. The average at 14729 was the highest since farch 16. Trading in commodities practically ceased. Holders would not! sell and prices held static at the;

for a session. Some brokers predicted a total turnover of seven million shares for the day. Arrangements were being made to work into the night to post the books. Steel shares were features. Bethlehem, as the market turned into the fourth hour, was at 843%, up

Fairbanks ed Mot Firestone T Follansbee

Colum Gas

Col Gas pf B .. 79 late most of the Com Colvents ..

m Edison ... Comwith & So .

Cons Aircraft .. 2 C

C Del... Sons Steel “wen Cuba RR pf ... Cutler-Ham

Davison Chem . | Deere & C Dunhill

East R _Mill.... Eaton Mfg

1 Pv&L $7 pf’

{El Paso Ni upper limit of fluctuation permitted | Fne g Pub Bs Tas

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Bak pf ... Bronze ...

1672; U. S Steel 66, up 12%, and|Gen Pub Sv

Republic 26, up 63%. Nothing more than war profit psychology accounted for the rise and some market analysts were cau- |

tioning that the market had now | Hack at pf

passed business and was getting to!¥oud-Her 3 | Heuston Ton “ah | Howe Sound ...

a danger level on the basis of hard! facts.

Wheat Soars Limit

Grain prices soared the limit in!Int Nickel

all North American markets today

under the impact of frenzied Wary | Jones & Lg 7 ot

time demand.

Wheat was up 5 cents, com

cents, oats 3 cents, rye 5 cents, and ten V Coal ot. soy beans 4 cents on the Chicago] FY Board of Trade, and similar gains! Long Bell ‘A

were registered at Winnipeg, Min-| neapelis and Kansas City. Directors of the local exchange at! a special meeting limited September |

the deferred months. There was furious activity in all;

| x

traders fought to fill buying orders, !

but after prices hed quickly climbed | Mongants the permissible limits, trading came! yo

to a virtual standstill. All Chicago wheat futures rose! above 81 cents a bushel, the highest levels this year. corn at 57's cents, than the Federal loan figure.

points or $5.60 cents a pound. Limit gains were made in New York by sugar. Prices were withdrawn on spot copper, lead and zinc. | Scrap copper spurted % cent a| pong. Cotton gained almost $3 a e.

Foreign Exchange Drops

Foreign exchange rates in New decline in shipments ot all types of | York were quoted nominally and! hosiery was recorded for July by the!

down sharply. The pound was at $4.05, off 15 cents. Bond trading was the most active in years on the New York market. German issues broke about 50 per | cent and other foreign loans tumbled 1 to 7 points. U. S. Govern- | ments eased in tremendous activity. | Domestic corporate issues showed al firmer tendency. The London Stock Exchange reopened unexpectedly with restruc-| tions on price swings and

attended and some dealings were Benn; German bonds | Borg- Warne r en

done by telephone. broke sharply. Police stopped trad-| ing in the London Street Market. price at which it will buy gold at]

shillings.

Hl Central . ..

4 Keystone Stl {

Mack Tr ‘er iMacvVR H ..... Magma futures to the same fluctuation as Mathieson | Mengal 1st of . | Merch & Miami Cop grain pits at the opening as excited | Midland Stl

Murray

| Nat reaching Nat May Nat N was aiso higher, Nat on

[Nat

September rubber, on which there x is no fluctuation limit, spurted 560 NY Soon = pt.

SEASONAL DECLINE

1 Prices | Armour & Co .. quoted for cash. A sizable crowd | pra iecn Corp

Chgo Cerp Cities Sarvice | Comwith Edison The Bank of England fixed the Dodge Mig Cp gt kiakes Dliee i er Ary a record of 168 shillings, a rise of 8 Libby MeN & L.. { Marshail Field .. Mic West Corp

Greyhound Co . {Guant Sug pf..

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DOW-JONES STOCK AVERAGES 30 INDUSTRIALS . 42.84 +2.73 <+0.34 -1.01

Saturday

Month Ago Year Ago High, 1939, 154.85; Low. 121.44. High, 1938, 158 41; Low, 98.95. 20 RAILROADS 26.18 36.78 28.76 27.48 34.33; Low, 24.14. 33.98: Low, 19.00.

15 UTILITIES

Saturday Week Ago Month Ago

High, 1939, High, 1938,

Saturday {Week AgO ....... Satkeannanes | Month Azo | Year Ago High, 19239, High, 1938,

2%.10; Low, 20.71. 25.19: Low, 15.14.

N ¥ Dock pf ...

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Pac Am Fish ... Paciilic Mills ... Packard “es Pan Am bir ... Paahandle .... Paramnt Piet . Park Utah ‘e {Pathe Fim .... { Patino Mines .. Penn . | Pet Corp Am “ | Pheips Dongs . | pitt s Sc & “ jeress Stl Car . 1 vl.

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NOTED IN HOSIERY,

Times Special

INDIANA PAYROLLS, ~ EMPLOYMENT GAIN

NEW YORK, Aug. 5.—A season ”

, National Association ot

| Manufactur ers.

1938, the report said.

A total of 9,482686 dozen pairs ne

A more than seasonal gain in em-

Hosiery | ployment and payrolls from mid-|

Shipments,

how‘ever, were 11.1 per cent above Ju.y, today for Indiana industries by J |

were shipped during the month, the

| association reported.

Chicago

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{ Minn Brew

Corn and Wheat Region Official Weather

i apoils Bond & Share

ISwiit Intl . (Utah Radio Prod | Zenith Radio .

LOCAL ISSUES

The followirg Juotations » Corp. do

ocks

3 Indianapolis employment in the

{July to mid-August was reported |

{| Bradley Haight, acting director of Indiana State Employment | Service. ! Employment gained 39 per dent | over the previous period while pay- ! rolls rose 69 per cent, Mr. Haight | said.

period rose 2.8 per cent from July} ‘and 20.7 per cent from the same period of 1938, while payrolls for | {the same periods recorded gains of 18.2 per cent and 26.3 per cent, he | said.

A pronounced upward surge was recorded for nianufacturing indus-

tries with reports from 876 plants» 127035 wage !

lin the’ state with earners in August showed advances of 5 per cent in employment and! 8.6 per cent in payrolls. Normal sea- |

the Indian-:sonal advance is 0.5 per cent, he

not repre-!

| | : |

moderately iveariings and heifers uneven,

Large Crop

THE INDIANAPOLIS TIMES

As 12 Million Prepare for Harvest

Yield Forecast in U. S.

Owgg 5 ns Seine Mags, ror oo ney

SEEDING

SEPTEMBER i939

9 SUPPLY AsovES AVERAGE MORE LIVESTOCK ON FARMS No NOGS cat SHEEP, tr

WINTER WHEAT CH

MONTH PRICES TO

7.9 BILLION DOLLARS SLIGHTLY UNDER 1938

OW DAVRY

WEAVY

FEED Jo

£0 CROP Bon PRICED {NCOME DOWN

ORIS ey ORN, LARD .

APPLES LARC TRIS NEAR

cotton PRICES SI ABOVE LAST YEAR EXPORTS TO INCREASE

THIS

BUREAU OF AGRICULTURAL ECONOMICS

Times Speclal

million farm family workers and hired hands will take to the fields » {this month to harvest fall crops, the s|U. S. Agricultural Marketing Service ? lestimated today. Yields of individual crops are good, except in drought areas of {the Northeast, Nebraska, Kansas and parts of the Southwest. Sup{plies of many crops and livestock

* products are 1n abundance—plenty

lof food for man, fiber for factories, feed for livestock. Prices are relatively low. Prices to farmers for many products, lower this year than last, are ‘not quite offset by larger Govern-

{ | 1 {

% ment conservation and price parity |

payments. Total cash farm income

{has been estimated by the Bureau |

: lof Agricultural Economics at 7,900,- « {000,000 for 1939, against $8,020,000,000 RE year. { Farmers soon will be seeding winter wheat. The Bureau looks tor {about the same total acreage—win(ter and spring wheat—for 1940 harvest as in 1939. Domestic wheat {prices are expected to remain above export parity as long as the Government export subsidy and loan |programs are continued.

i | | 1 { {

WASHINGTON, Sept. 5.—~Twelve|

January-July exports and imports increased shipments of lambs ‘and of a number of farm products were sheep from the 13 Western sheep

larger this year than last—the larg- states this fall. They say a larger

, proportion of lambs will be in er exports including pork, lard and feeder condition. Lambs from flocks

apples—the imports, hides and skins, |symmered on the high ranges will flaxseed and wool. Tobacco growers pe shipped earlier than usual this will have smaller income this year.|season. Supplies of feed grains for farm| pryjts have been selling lower on {livestock are above average this [seasonally increased marketings. year, but less per animal unit since | | But fruits — and vegetables -- are there are relatively more livestock | among commodities expected to on farms. Prices of corn and barley | yield farmers larger income this are below prices a year ago, oats|year. A number of major fruits— and grain sorghums are higher. A apples, apricots, cherries, peaches, high record crop of soybeans has |fresh plums and prunes — are in been indicatea on an acreage 18 per larger supply this season. A comcent larger this year than last. |mercial crop of 103,000,000 bushels Prices of better grade slaughter of apples has been indicated—about {steers have declined on increased 25 per cent more than the relatively marketings. The usual summer and small 1838 crop. The potato crop is learly fall increase in marketings of smaller. grass steers and cows is under way.| Prospects are for continued heavy A 16 per cent increase in cattle on| {production of milk this fall. Prices feed in the Corn Belt this summer are low and pastures have been in over last has been reported. poor condition, but feed grains and Marketings of hogs are increasing feeds are plentiful and relatively seasonally but the increase may be| low priced. Consumption of butter— no larger through December than in|large quantities being distributed by the like period of 1938. Consumer | Government relief agencies — was demand for meats is expected to|the largest this summer on record. improve. Increase in hog porduction Production of chicks and turkey | this year raises the total to pre- | poults by commercial hatcheries is drought proportions. |the largest on record. Plenty of turGovernment economists look for keys are promised for Thanksgiving.

To Price + ise | to $8 in Active ‘War Market’ With Other Centers Up.

Hog prices at Indianapolis today | irosc 75 cents over Saturday as; | traders bid eagerly for offerings. The bullish market was attributed | {to the European war with Shipping | and packing demand active.

‘4

13; | top price soared to $8 on 220 to a Insurance Deadline

| pounders, according to the Agricul-| [tural Marketing Service. Vealers were strong and active; lat a top price of $11. Fat lambs; | sold strong with an extreme top! | price of $9.50. All other livestock centers were ‘reported strong.

CHICAGO LIVESTOCK!

8000; to 75

Hogs—Receipts, active, even: opened 350 Friday: closed mostly

pulk scod and cnoice

@i.7% $8: few v0; alk P300- 00 -lb. sows, $5.73@ Cattle—Receipts. 12000: calves, 1000; lacie trade on all killing classes: fed steers, yearlings including heifers, mostiy 3) cents higher; common to steers largely 25 cents up; this also true of slaughter cows: bulls veaiers, strong: stocker to 50 cants higher; 7 top steers, | numercus loads. $10.25¢210.75; best lings, $10.00; Western grass steers, 1470-1b. | weights, $9.30; best heifers, $10.40; averag- | ing 983 1bs.; most fed heifers. [email protected] Western cows and heifers up to $850: others down to $5 £0: canner cows, $4.25@ 5; cutters upward to $5.73 and above; {practical top sausage bulls. $7.35; vealers.

11.50 downward Sheep—R-=ceipts. 6000: spring lambs active, 40 to 65 cents higher: good to chojte natives and Western cfferings, [email protected]

top natives, $10: chee unevenly higher 75.

native slaughter ewes, 3@ CINCINNATI Sept. 5 4500. Very active ‘higher: sows, $1 hig ; 75 | “ 1 bs 6.25 bulk packing SOWS, 26.25 active after slow start, steers, up. bulls strong 5. a] pos beef cows 1a i 0. cios

very uncents higher than] i3¢c to $1 higher; 170-270 1bs., $17.33 27 0-300 lbs 35-15 8 6.73.

and feader, $11;

1U., Po —Hogs—

[

Salable,

strong to fully mostly 23 cents cents higher: $5.50@9 load ood. practical common and good. 50 cents higher up. late top. § Sheep-—Sal able 1000: total, 1830. salabie supply light. about steady; sales good and choice trucked-in spring (lambs, $94 strictly choice closely

2.73@3. Salable, 33 total up genera iy. $1. 13 | $7.80; 100-140 lbs 285@ Cattie—Salable, 1800; total, 2450. Calves | but average! Small lot choice 830- bh earas: 23; bulk |

OTHER LIVESTOCK weights fy 100 lbs. her. top. 250-2 $7.8¢ 0 lbs. $ 60 total, 620." Mid-session | 23 cents higher, 10851 strictly choice hetters alers opened |

Early early

medium |

25740 cents uv: | 25 |

year- |

LOCAL BUSINESS

Ed R. Grisell, Indianapolis unit|of 35 farmers in the county were manager for the John Hancock|insured, he said.

Mutual Life Insurance Co., will be! : . City Listed as Good

a speaker at the sixth Agency Leaders’ Convention in Washington, | {to be held tomorrow through! Sales Center Friday. Mr. and Mrs. Grisell will] leave for Washington tomorrow. | 1ndianapolis is listed as one of Others from Indianapolis who! the best places for concentrating| have qualified for convention at- [Sales activities, collections and other tendance are Mr. and Mrs. Walter | | promotion operations of business by | B. Lichtenstein, Mr. and Mrs. J. R.|the curlent issue of Forbes Maga- jj:

| Jones, Mr. and Mrs. B. A. Burkart zine, business journal. land Jake Wellman. The median gain for Indianapolis

{over a year ago was reported to be Farmers Warned of Crop |

1175 per cent.

INCORPORATIONS

Three Oaks Packin Cor 1317 31st St.. Farmers in Marion County today south Bend: agen RV 8. Pillar, same

| address; 1000 A of 5 ar value: genwere warned that the deadline for | a canning and pa RACKING Dosinese: LYE,

‘application and payment of pre- Lone H O. F. Warner,

“ ’ Muncie Saddle tha. Inec., 701 Neely Ave., ‘miums for all-risk” wheat Crop» Muncie: agent, William F. ‘Craig, same adinsurance is Sept. 30.

dress; 100 shares no par value: William Albert L. Steinmeier, chairman of | ld

| The “Stew art Howe Alum! Service of In- {| Two the county 1939 crops, he said, and will receiv

A total! | 3

change of adLafapese, and Frentz Jr., same

|indemnities on 354 bushels.

WASHINGTON, Sept. 5 (U. P.).— | Secretary of Agriculture Wallace to{day announcea the formation of an agricultural advisory council to assist in meeting agricultural problems created by the war in Europe. The council, established at the behest of President Roosevelt, will hold its first meeting Sept. 19 at the De-| {partment of Agriculture. It will be! {composed of representative farm |leaders and businessmen in the {food and fiber fields. only partly restore textile company >| Secretary Wallace said there are; earnings generally, and returns for |y |abundant food and fiber supplies in| the group as a whole will be below |! 'this country and that “by working average until there is an apprectogether, farmers, businessmen and |iably greater spread between costs | Government can make these sup-| and selling prices,” it stated.

| plies available at prices fair to con- SE —————SE— DAILY PRICE INDEX

| Manley, A. Burton, William F. | the County Agricultural Conserva- | tal stock: religious; Roy A. Patterson, R. E. Donaldson, R. Paul Miller. before the crop is seeded. Sontiryeti “All growers have been notified The Siaerican Appraisal Co., Wisconsin suffered loss of their | 25% 150 YY LeRov © 3 U.S, FARM COUNGIL | TEXTILE acTwiry from 15 to 20 per cent over 1938, Standard Statistics Co., Inc., report-

| Craig.” Herman H. Hinchman. The Brethren Home Mission Council, {tion Asscciation, said that under | the 1940 program applications must |E Davis-Hyvdaker Co.. Ohio corporaadmitted to Indiana to engage in of their insurable yields and their |SSEpozatt on: amendment of articles of in{premium rates,” he said. eofdoration, ¢ address, as resident ag ate & Oakley Bldg. Born. Hammond; NEW YORK, Sept. 5 (U. P).— | Tetxile activity for the current year ed today. Most of the year’s improved show-

Inc., 123 N. Jefferson St., Berne; no capibe received and the premium paid |, Ibe iconstruction of buildings, bridges, waterinsured wheat growers in| diana. Inc, Bloomingtn; ution. 1s expected to register a gain of {ing will result trom the increased

final six months “moderately under a year earlier,” the authority stated. “Such a gain, however, would

|sumers and producers alike.” The nation. he said, is much bet-

activity in the first half, with the |$

PAGE 11

ON THE RADIO

TONIGHT 6:30 NBC-WLS. The usual tie of : Messrs. Levant, Kieran an ams 6190 The Human Adventure, will be there. . . . How to build & 6:30—Information Please, WLS house for $690 is the subject of the ? . National Farm and Home Hour pro= 7:30—Alec Templeton, WIRE. gram at 10:30 a. m. tomorrow, NBC= 7:30—Bob Crosby, WFBM. WMAQ. Speakers include Mr. and ; Mrs. William Thurman of Elmore County, Ala., who built the house. . « « “The Four Coffins of Daniel Boone” is the play to be presented at 7:30 o'clock tonight, NBC-Red. The story is about the later life of the Indien Rents 2nd ponser. he built himself a coffin whic e kep war Donnelly Bare gshiljeman under his bed. At intervals he would many years. He is a kind of will o’|!fV it for size. When he got too fat the wisp. He turns up for major|t0 get into it, he built another, went | sporting events, airplane rides and On another hunting expedition. He ‘ocean trips. He never pays. was 81 at the time. . . We, The People, Gabriel Heatter’s program = ” ”

from life, offers Pietro Di Donato, Pope Pius XII will make another

Italian-American bricklayer who plea for peace at 5 a. m. tomorrow.

| wrote “Christ in Concrete.” Other All three networks will carry the guests will be Capt. William C, talk.

One-eyed Connelly, an almost legendary figure whose existence has been questioned at times, will appear on the Inside Story broadcast at 8:30, NBC-WENR.

Tate, who was postmaster at Kitty Hawk, N. C., when the Wright brothers made their historic aire Raymond Gram Swing, news-|plane flight, and William Holden, paperman and radio commentator, young star of Clifford Odets’ “Goldwill be the guest on Info Please at en Boy.”

# a " THIS EVENING

(The Indianapolis Times is not responsible tor inaccuracies In program ane nouncements caused by station changes after press time.)

INDIANAPOLIS INDIANAPOLIS HICAGO wWrBM 1230 RE 1400 WLS-WENR 870 (UBs Net.) NEC Net.) (NBC Net.) Jordan Cons, El Chico Tea Topics ”" " 4d Serenade H. V. Kaltenborn Sports Christian Science Easy Aces Bohemians Lost Persoas

Historv speaks Rhythm Fables News -Unannounced

“Human Adventure News

8 2 #

8 8 =

CINUINNATL WLW 300 (NBC-MBS)

Ink Spots Airimers |

Organ Ma Perkins Dick Reed LASON0IORY

Speiling Bee Tris Coffin Gov't. Report Dick Eeed

Johnny Presents

Benno Rubinoft

Lowell Thomas

Baker & Denton Quick Silver Ensemble inside sports

ee ST aco

;

sms gi

& '

Johnny Presents

Sports intormation Please Eugene Conley

T&zC

We The People Crosby’s Or.

Crumit, Sanderson Artie Shaw Crumit, Sanderson " . " i" o ”»

Aleg Templeton True Stories Aleg Templevon

H. JKemp's Or. H. V. Kaltenborn Armchair

Amos & Andy Field’s Or. Good wil

Mr, D. A. Doghouse

If I Had Chance Mr, D. A. Inside Story

RXR |e tui | oc DS

- cos vc

Dog, House

News Claridge’'s Or, Levant’s Or.

Pleasure Time Tribe vs, Birds

Waring’s Or. zhi Is the Fair

Sports

Peter Grant Gov't Reports Ted Lloyd Farber’s Or.

Moffitt’s Or. Moon River

new —_— “we

”» ”» ” ”» ”» Dick Reed Reichman s Or. Recordings ”» » Powell's Cr,

WEDNESDAY PROGRAMS INDIANAPOLIS INDIANAPOLIS WIRE 1400 WIBC 1050 (NBC Net.)

Devotions Markets

Tunes & Tips ” » Morning News

Man 1 Married Uiher Wile Plain Bill Woman in White

David Harum Lorenzo Jones Widder Brown Road of Life

At the Fair Dessa Byrd Editor's Daughter Linda's Love

Recordings

News Music tn Night Koller Derby ___Unannounced

Prima’ s Or. Felton’s Or.

S| ev py - S|@e

or at

» Herth’s Trio

Tucker's Or. Waller's or,

I - |zz8 = &

11: 11:00 11:15 11: 5 11:3

CIT IINaTI WLW (N BL-MBS)

Mornin! Organ

Time to Shine

INDIANAPOLIS WFBM 1230 (UB> Net.)

Early Birds Prayer & Praise

Sleepy Hollow Breakfast Jam

4 Musie

see ot

umes g

on CX

ews Today's Gospel Singer " Caravan Man I Married usic ul Allison Fashion Footlights pid Blake Devotional) Tex Owens

Linda's Love Vie & Sade Miss Julia hoad of Life fditors Daughter The O’'Neills News Farm Hour

Kitly Kelly fayrt & Marge Hilltop House Stepmother

9:00 Hollywood Jila dcactergovd 9:30 Big Sister 9:45 Life Stories

10:00 Jovce Jordan Jo: A Girl Marries oy karren’s hitchen 10:4 45 » :

11:00 Hs 15 ti:sv 45

LEE

Coffee Cups Mu

rE .- @s

Reflections Hits of Today Charm House Dr. Swing

Friendly House

Melody Time Lastletime Noon Rhythms " " " : Voice of Farm Schoo! for Brides Unannounced Boy Greets Girl Livesiock

Home Folks Betty & Bob Musio Grimm's Daughtep bin Jones Valiant Lady Revelers Betty Crocker

Mary Marlin Ma Perkins Pepper Youn Guiding Light

Club Matinee

Beautiful Life Midstream

Kitty Keene Day Is Ours Concert Woman an Speaks

4rt in News aughn aeLeath Cloutier's Or. Lower thomas

Singin’ sam Dr. Malone Farm Hour Markets, Weather

Betty & Bob Grimm's Daughter Valiant Lady Betty Crocker

WIRE Reporter Roudlines 3 epper guns Guidi ing Light

Backstage Wife Stella Dallas Vio & Sade Midstream

Echoes Farm Circle

Farm Bureau Melodies Bohemians >» __ Light's Or.

) Navy Band

—— -— —

Musicale

Band Box Shut-in Friends

Pianorama Tropic Moods Concert Hour

tre Gl Tew

Serenade - ”

Farmer’s Guide Dance Time State Fair Brevstias Lr, du

Catlyle Stevens Miss Jutia

) Jordan Cons. Tea Topics

Judith Arlen 10{02! KEY NETWORK STATIONS (Subject to change):

NBC-BLUE—WJZ, 760; WOWO, 1160; WLS-WENR, 870; KWK, 1350. CBS—WABC, 860; WJR, 750; WHAS, 820; KMOX, 1090; wBEM, 770. MUTUAL—WOR, 710; WHK, 1390: WHKC, 640; CKLW, 1030; WSM, 850. NBC-RED—WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670.

Curb Stocks

Net Last Change 130 337% 14%, 3% 22

NPS

Castletime Song Man Ula Retrains Hawaiians

Kitty Keene WIRE Audition Festival

NSU,

owes ems!

Organ Bargain Counter Ma Perkins ’" ” Dick Reed pasonology

oon! cw! Wve } PT ER

Bee

Matinee “

Low 134 30% 14%, 2% 21% 8 T% 16 1 83%

High 131 . 34% 14% 3%

Alum Co Am .. Am Cyan B Am Lt & Tr ... Ark N Gas A .. Bell Air Bellanca Air ... Brewster Aero . 8 Bunk Hill & S. 16% Can Marconi 1 Carrier Corp 95%

Cities Serv ... Colon Dev a; Col O & G . Com & So wts .

“eo

+++ ++ +++

3% Parlor Car « Dining Car

Lounge Car « De Luxe Coach

y Air Conditioned of Course Hecla Min Humble Oil .... me. Oo Can

Leave Indianapolis . 10:20 a.m. (CT) Arrive Chicago . . . 2:10 p.m. (CT)

[HHH HEE +

OTHER FINE TRAINS

WHITE CITY SPECIAL At 1:25 p.m. (CT) THE SYCAMORE At 4:35 p. m. (CT) ROYAL PALM At 1:55 7. m. (CT)

Pitts Pl Gl .... Sunray Oil .... Technicolor .... Un Gas Corp . Un Lt & Pwr A Un Lt & Pwr B 11a Wright-Harg 6s

2 27% 1%

said. corted Road “bulk common and medium | State of | IDdicate the approximate market level | The greatest single factor in the, 1$6.50@ 8.50; sheep about steady, bulk, $2@3. | {ter prepared to do this now than in Weath, [| P2ieY. Of ONY I elu Seliiag guetations of 1 JAYNE. Ind. 11914 and “it also will be much easier Creath: | recent transactions. jeurrent employment expansion, FT. WAYNE Ind. Seot. § (U. P) —| Clear Stocks Ask aside from the general Sao Tort 5 So Sig £3: to make the adjustments necessary Cloudy Auto Invest Corp 3, . 280- 260 {to preserve peace.’ g 2

Gear |EeU ERE SNe com. trend, he said. was the seasonal in~ 180 1s, S128 Sow los, S13 koe 4 WEEK'S STEEL RATE [Weel aso | n a T0 DIP 7 PER CENT

crease in the canning industr {ibs.. § 3 Clear [Cent Ind Pow >: Piao, To, TES: 8c. 40. |'Year ago NEW YORK, Sept. 5 (U. P).—

Clear | Payroll gains of more than 10] th. i 25 56-63; Clear per cent from July to August were lambs $873 Coo $11; 1939 high (May 26) 1939 low / (July 29) . Reflecting the Labor Day holiday, steel operations in the nation this

Clear € lambs, $8.75 week will drop 4.4 points or 7 per

Clear {reported for machinery, [Sansporias / | BUSINESS AT A GLAN GLANCE [4 cent to 58.6 per cent of capacity, the {H I H | IH

A : 1 8 Ss 1 I ti t TT} ;

Clear shops, non- ferrous metals and ju 1 Atlantic Coast Fisheries Co. July AA 4 .

Clear { products, turing groups. | quarter net loss $50,000 vs. $66,841 FIRE — CASUALTY

S00 Clear year ago. DIVIDEND Baltimore & Ohio R. R. Co. week | | Times Speciat FE 773 previous week and 26,962 year AUTOMOBILE INLAND MARINE

ended Sept. 2 carloadings 31,845 vs. | HAGERSTOWN, Ind. Sept. 5. = 18 | The regular quarterly cash dividend | INSURANCE at substantial savings

{of 50 cents per share on 162,500 Ha. 3000

NEW YORK, Sept. 5 (U, P).— Dun & Bradstreet’'s daily weighted price index of 30 basic commodities, ‘compiled for United Press (i931-32 average equals 100): Friday

(sleeping car ready s 3:00 p. m.) For tickets and reservatiop one ale) 2442

Sept. 35, 1939 | sent actual price offerings, but merely | Precipi-

High. Low. tation. 83 56 00

PHOTO—LITHO and

Stations PLANOGRAPH Prints

Bid

Rochester Marion Lafavette Cambridge City Columbus .. Vincennes

aoli ters uibhbl Ft. Wayne Indianapolis ...... Terre Haute ..... Evansville

...106.14 .103.12 ceive. 102.11 reeves. 103.73 ..108.02

Indianapolis Blue Print & Lithograph Co.

140-160 Ibs. 100- 120 Pog . $4. calves,

i fesse sress ne

—— DOD Trt Nr ND

— w

| om Du DOMINIO we

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OL DIO rt OO | 1 uF >

pr OPI ow

TRADE FOR A SHINY LATE MODEL USED CAR-THAT'LL GET ‘EM EVERY TIME!

COLI BI Gre 1D n =

Incpls P& 627 pfd *Lincoin Nat Life Ins Co com IN Ind Pub Serv 5'27% pfd \ r IN In g Bub Sey 67% org... n un ery 7% pi “aus FOREIGN EXCHANGE § | Does Laundry. 2 com ... NEW YORK, Sept. § | Bub, Sery So of Ing 17 Bia. he ept. 8 (U. P.) —Following | Pub Szrv Co of Ind 77% ® cabl t - 80 Ind G&FE 4.37> pfd are noon erates on major cur- LONG OOK 18% BI IS DECLARED Cable Rate Net A ol {Van Camp Milk Co pfd . $4.07 Bonds

England (pound) ... Canada (dollar) France Italy Belgium Switzerland Holland (guilder) Sweden (krona) Norway (krone) ....... D-nmark (krone) Japan (ven) Germ»ny (mark), ‘unquote d. Germany (travel mark), unquoted. n—Nominal.

U. S. STATEMENT

WASHITTGTON, Sept. 5 (U. P.).—Govrnment expenses and receipts for the current fiscal year through Sept. 1, compared with a vear ago: You as

, American Loan 3s 51 American Ioan 5s 39 Citizens Ind Tel 4'2s 61 Crabbe Revnold: Tavior 5s 42 Home T&T Ft Woe 43 85

S icoatis Adding Machine Co. first half consolidated net profit {$1,359,637 equal to 27 cents a share

rane)

shares of common stock outstand-| {ing was declared today by the, vn board of directors of the Perfect | '> $2.057:507 or 41 cents your ago. |Circle Co. The dividend is payable| Nashville, Chattanooga & St. |Oct. 1, 1939 to stock on record Louis Ry. Co. July net operating (Sept. 15, 1939. income $143,467 vs. $140962 year

ago; seven months $1,030,082 vs. LOCAL PRODUCE [9:8 Year ago. | - National Power & Light Co. 12 Ratiea and SE ak For i Re rd og Onli ergs Sy 31 consolidated 2¢ 8 1 Sd In" 11EC Leghorn. Reo. 3 15: And | common Share ve. S043 02. o

over. 1c; old roosters, Tc a common share vs. $8543,320 or

Indols Railway Indols Nate 3p Inter Tel & Tel 5% Kokomo Water 8% § . Kuhner Packing Co 414% Morris 5&10 Stores 57% Natl Silk Hosiery Mills 5.12 .. 97 Noblesville HL&P 6'2% 47 Ohio Tel Co Pub Tel 427% 55 “ Richmond Water Wks 5% 94. Seymour Water Wks 57% 49.. T Haute Water Wks 67% . T Haute Water Wks €% 4. Tract Term Corp..... hay

HOME LOANS

to BUILD—BUY REFINANCE REMODEL REPAIR

Consult our officers about your home financing needs.

Fidelity

Trust Company 123 E. Market Street

Member Federal Deposit Insurance Corporation

O00 333232 CIO «3

“13 00 NEIL UT DCD

Th Expenses . “$1, 663. 142 21 "41

Customs...

INDFIANAPOLIS CLEARING HOUSE Gleatings . Debi

WAGON WHEAT oi Sanagelis gralh elevators are vaving!

C, subject to market change; any rages on eir erits. Cash corn, new

thei . 3 yellow, 45c. Oats, 25c.

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

Indianapolis Bond and Share Corporation

Interesting descriptions of the city’s best used car values are brough 129 EAST MARKET STREET 2 P are brought

to you daily in The Times Want Ads,

*Ex-Dividend. p SED ©. 1 strictly fresh country run eges, | $1.25 previous 12 months: July quar1c: ea CHANGES PROPO ois n dull case must weigh or cant: | ter net income $712,749 or 5 cents IN EGG STANDARDS Wl case under. $5 ibs, will be m a common share vs. $1,539,846 or 20 LN pale (No, 2 2 24@ | cents year ago. : (Pri t : Times Special Tices Quoted by Wadley Co). Timken. Detroit Axle Co. first half To ” consolidated net profit $1,037,389 | WASHINGTON, Sept. 5. : F 00D P RICES equal to 99 cents a common share 000, Changes in the official quality vs. $381317 y standards and tentative wholesale |weancaco, Sent, a. o P).o-App Jos __ 317 or 31 cents year ago. and retail grades for shell eggs are Tennessee, bu. 800/31 Careote Cantor: SECURE being proposed by the Agricultural nia, cretes $3.15G3. 30. Spinach Colorado. Marketing Service. for banker inane Tomatoes Michigan. Among changes suggested, the ado, erates <1. 134 ai 2. Ser Michigan. PRIVATE number of wholesale grades would bu. $1.735185.. Onieh marker’ caoon NEC ESS ARY {be reduced from 22 to 11, and sacks) SOreton meet ai 83c: Idaho weight specifications in the retail 35@ssc: Iowa a. 95 Ygtiows rs —— be raised slightly for | LIT pl ue. | CONVENIENT large, medium and small eggs. | 4 7 1! i LEARN rom PLAY a Lite Box BECOMES HEAD OF FIRM {Guaranteed course of SJ { BUFFALO, N. Y., Sept. 5 (U. P).|§ with every non pinav SEE —Spencer H. Logan of New York to- | Fasy terms. viano, "i, National day was named president of the; Ban * Sterling Engine Co., manufacturers J WILKING YTS] Co. k MARKET STREETS of marine equipment. % 120 ERST OHIO ST.