Indianapolis Times, Indianapolis, Marion County, 7 September 1939 — Page 15

\ |

~~ STOCKS STRONG; GRAIN TRADING | te ar ast ollie

55 — S53 | Yesterday

~ TURNS FRENZIED |<"

“THURSDAY, SEPT. 7, 1980

I Sst. Ln. By United Press

- W3% 9% 9 Lud StI 2334 23% 233% Allied: Chem 184 184 184 — 8la 8% — ! le 3's Bn 2 - 2 Am Car & Ta 2 26 23 m Chain & e a 20%

. A New York Share Market ih ie 3 . {am co Rallies After Opening; & Moral

[Adams Exp | Allegh

Allied Stores 8%

3 1 1, 3 1

Am Aur Lines

FEL]

Am Rad & SS ©

- . Am Roll Mill Tickers Behind. | Am

Ship Build Smelt vy Am Sti Fdies . | Am Water Ww... By UNITED PRESS Iam : Better order developed in world ig VR markets today after several days of Armstrong Ck Aurries over the war's effect on in- At w dustry and finance. Easing of market restrictions on Price changes unleashed the heaviest trading in years in North | Bald Lego t.. American grain pits today as wheat Barber Asphalt fluctuated wildly over an 8-cent Pana range. |e, Hem ..,. American grain exchanges late! or Re Jast night doubled the limits on Blaw-Knox daily price changes which meant rey 1 that wheat could rise or fall 10 Borg-Warner . cents above or below the previous Bihan’ © aie closing levels with limits on other Budd Mie o grains raised accordingly. Margin Bu ie oon & 2 requirements were doubled to cor"“"pond with the changes in lim- cal its. { Call

Tu 1! 1

1 8

1 GI COLD ort UD ICD OOD dw vr yy FI+1:

Fk.

Land IL I

[Atl G&W I pf. 1 Aviat Corp .....

1614

6a 13%

[~ pu oF op -~ - Pp pt pt

aw ChE

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OND ” -

Prices Advance

The result was to thaw out the “frozen” wheat futures market in No uncertain fashion. While sell- [Cerro de Pasco Ing at the opening in Chicago was Shes srg ‘ heavy enough to carry prices be- Ch M StP Er low yesterday's close. the trend was EN reversed as export houses. mills, Chrvsier . and cash grain interests rushed to

| Caterpiliar T .. 36 | Celanese pf Celotex ..

Celotex

City Inv

{Atlas Corp .... 9 + %i ) ; a -

, 1 Week Avo s | Month Age | Year Age +! High, 1939, High, 1938, bly s | Yesterday 4 | Week Avo

% Month Avo

s | Year Ago | High, 1939,

2) High, 1958,

8 2 Yesterday ® Week Ago

1 | Menth Ago +} Year Ago

*! Hich, 1939

N. Y. STOCKS

EE ————

row-touss sroox avensass SAYS , S, BONDS

-.. 138.04

158.85; low, 121.44. 138.41; low. 98.95.

29.18 26.10 28.00 2.36

34.38: low, 24.14. $3.98; low. 19.00. 15 UTILITIES

27.10: low. 20.31. 25.19; low, 15.14.

TREASURY HEAD

—0.08

=: BEHAVING WELL

+o Federal Reserve Board Is ~03 Virtually Sole Buyer In Market.

-0.32

THE INDIANAPOLIS TIMES

LOCAL BUSINESS

The great forward move of the|ahead of the total for the same last two days in security and grain | week of last year. markets of the nation has been re-| This was in sharp contrast with flected in local trading, Indianapolis, the total for the nation, which Dun brokerage houses reported today. & Bradstreet Inc. reported declined One firm with New York and Chi-|from the previous week and was well cago connections reported that its/above the last year week. local business has boomed “1000 per| Last week's bank clearings here cent” and that on Tuesday when the totaled $14,623,000 as compared with New York Stock Exchange turnover $15,071,000 this week and $15,029,000 reached nearly six million shares its for the year-ago week. staf was forced to work until 7| In the nation, check transactions o'clock at night. for the week just ended were $4.406,-

Unch. y —0 50 WASHINGTON, Sept. 7 (U. P).|

—0.15, —Secretary of the Treasury Henry, =0.27 Morgenthau Jr. said today he felt!

(the Government bond market, |

High, 1938,

Bnd

% |Nat Dairy ‘ 18 | Nat Distillers 's {Nat Gypsum

Nat [ead

1 !3 INat Lead pf LL INat Pur & Lt "e Nat Steel {Nat Sup Penn . 14 | Newport N Y Central .

N Y D

's | Qhio Oil

High Low

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bi. 6 vy} Cent Viol Sug . 1 11 + la Otis Elev 2 Otis Steel 8

... {Pac GC & ®t . 15 | Pacific Ltg . Pac T

{ Pae Tin “ | Packard

| Paramt Pict

uy IC 18% 18% 1% sei Park Utah

* > 3 1 Chicago wheat was as much as Com, hd MM 0 1p! Tr 1 1 A 1

rp 8.3 “2 Oy bw CAD Py ot Cf EN Ee eee

wow rN ~~ - ww

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Fast R Mill . 1 734 73% 1 Elec Roat 13 3, 3 1s Eee Pwr & It 8° Flec St Bat 3 ] ‘Eng Pub S 1 | 's Evans Prod , 3%

Fair, The pt 3 . Fair Morse 3m 3 3714 24 Fajardo Sue 3%? EL, 263, % Firestone T 1 Flintkote Tis 17! 14 Francisco Sug . 8: 2 a

Gannett of \ Gen Cable .. 1 “ Gen Rlect . 4 30s 3 1s Gen { ! Gen yen % Gn 2 Gen 5 8 ® s

1 1 1 1 1 1 3

3 Gandvear Granby Gt Nor Ore ot Narth nf ) Ty 2 2% . Gt West Sue 35 331 x Ts ra » Srevhound Cp 3 . firmed after gto gd °° - 13 NM = Hollv 8ne ‘. Homestake . 3 3 | Hupp Master \ ! 4 1

FEE T++F) 4

Johns-Man

Kennseott RY > Te A % Kresge 83 Ye Kreeer G& B 1a

1a he) lp 1a i vv.

cfrrrifie

Waema *ranati Swe \arine Ang Nrarshall) Pg Martin Gl Marty Parry ‘Tathieson \YeCrory \raRKresport Tami Cen ARE! ‘Tian Hnv 3 of 100 ‘YA.R Tex of 83s Ya Pa of \rapcanta -f B {| . > - rant Ward NEW YORK, Sept. 7 ‘U. P).— Morr & Exx Senator Pat Harrison will be one of | Mullins Mie B the leading speakers at the closing | session of the American Bankers Association annual convention in Seattle, Wash, on Sept. 28. Philip A. | Benson, presiden., announced today. |

. Officers elected to lead the asso-

ow oe

FEET

oe 3

trade, but the late Buying surge omy pyents and to the best general | Cons<Cig ber wheat sold at 881 jCont Oil Del Saarply higher. U. 8S. Government Crown Soner stock market in the early afternoon | Session. The first came in the first Du Pont market was quiet and steady. possible the boom of the 1920s 184. Chrysler reached 83°«. up 2%; Roebuck 773, up 2. Rubber advanced. London tin Paris Market Calm Effects of war economy were re- Inspiratn Cop NY the Bank of France Tv Nd he » -e wool descriptions around pre-war : ounce. sterling at $402 to $403. and T $2 a bale veh V T.aew's 27 to up 5 points Reflecting a more orderly stock 1

4 cents a bushel lower in the early Com Iny p hed Comw Saison used quotations up past yester- Comwlth & So day's close v Cong-Nairn levels since March, 1938. Septem. Cons Bd cents, with (Con RRCuba pt December at 88, and May at 89%; Cont Can ee | Cont hy oR y Coty nter orporate bond prices swung Crown Cork issues displayed gains of as much as 10-32 point. A burst of buying came into the trading today and lifted prices fractions to more than 3 points 1 - ™ Dome Mines It was the second spurt of the Douglas Air hour when prices were carried up sharply from a steady to firm opening. Between these rallies the Heavy buying in low-priced issues indicated re-entry on a large scale of the small traders who made There also was a good demand for high grade industrials. Du Pont, for example. gained 3% points. to Bethlehem Steel 821s. up 1%; U. 8, Steel 66, up 1%: Westinghouse Electric 113%, up 3, and SearsLondon reopened its stock exchange and rubber exchange. Dealings were light in the share market firmed Amsterdam stocks early irregularity. Paris stocks were mixed. but calm, and war liquidation was reported completed Had ty 0 ; { etea. ™iand Stl oily On oa " yy & ntarts lk v 1 fected in record high mote cireula- or I erste hy tion for the Bank of England and I} Hvd Bi A v 1 The British wool control fixed mt be Ye maximum prices on a long list of ns 1% TT level 8 " els The Bank of England kept its gold price at 168 shillings per made no change in the ¢ per cent dis~ount rate. New York cot'on raced up $1 to rewbe tes | cal Tehmean Hogs at Chicago declined 25 cents TOF Gass per hundredweight. Tama Uoco New York copper futures were off ran Ive Lone Star Com World sugar futures at New York “ont Bell. A advanced the limit of 25 points for the fourth consecutive session. market, Toronto lifted the ban on Short selling.

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| Puliman Pure Oil

1 Radio

l2 Ravbestos

, Ravonier Rem-Rand Revublic Sil Revare Con [Ravn Tob B | Richfield oil

Safeway 5 bof St Jos Lead

Schulte R Sead'd Air L

Rsars Roebuck .

Servel Ime Shar &

D... Shell I'm Oil

Siver-King Simmons Seeanv-Vae

0 Por R Sug .

South Pac South Rv South

Sanare-D Std Brands Std Nn Cal Std Ol ™d Std OY NJ w-

Sunzhin [ert | Suveriar Ny Tuparior SH Iwifs & Co F3rift mtd

| Tenn Coro Texas Corp T& PC&X O { Thompson Pr Thamn Star

“15 Pan Am Airways

Pri East of

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104 17%

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Timken R B Transamerica . Tri-oCnt [9th Cent.Fox

{20th Cent-® pf

Men & Co ion B & P Union Carb On On eal {Tn Paeifis

1% ™ Atrera' Cp 37%

ITT Avr Lines T™Mited Chrv ited © not TMited D ue

4 im Nvewand pf €2 ®

Tn Bl iCal Mmi*~d Frait ™M G*c I'm

1U 8S Gvusum .. ™

8 1 Ale i 8 Realty S Rubber S Rub S Smelt IT |] Stes) U S Steel of Univ Piet 1

| Vadsen ales Vanadium Valcan Det

Warner Bros IW 23 B®

hme KE] | White Wet . Witsoan xe

1 0 Woolworth

i ¥ellaw Tr Young Sheet

of. 51

BD wn Ee LL a LX

9% $a 3.

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3% A513 195 frp :

8" 11%

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- Is —-

“a 3 se Cs sie 887% 897%,

Todays Trade Notes

i» wr

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wer | Which has registered declines since!

Last Change) the beginning of war in Europe, |

,| 1s behaving extremely well." | “ Sectary Morgenthau declined to!

2 i jaisay whether the Treasury has been | a |active in supporting

ro. -

the market| ss but wel linformed sources said the, » | Treasury had not made any!

— "wy |purchases during the recent drop.! « | Reliable persons here said the, 1; | Federal Reserve Board has been | 32 | virtually the sole buyer of Gov- » (Ernment bonds. | 1+] Secretary Morgenthau said the ss | Stabilization fund has not been in| | the market. | ... | Administration officials said Fed_'“|eral reserve activities had been for | “% the sole purpose “of steadving the! {transition from one level to! 1s lanother.” | { Morgenthau also announced that | 's| Federal intermediate credit banks! [under jurisdiction of the Farm| % [Credit Admnistration will offer tor! ‘sy {sale in the next day or two $30.-! {000.000 in short term debentures | ‘i |The term and rate will be an-| 1finounced later.

Of the proceeds, 12 1820,650000 will be used to redeem |

i \

12 | debentures maturing Sept. 15. { '.| They made 1t clear that the board! 3,,/ was not seeking to peg the market, | 114 | but to keep it orderly. 1;] “The feeling is that the market | ;sihas behaved pretty well under the! .‘|impact of developments abroad,” one; +++ |official in close touch with the mar- | {ket situation saia. | | He said that in both Government! +,, and financial circles the opinion was! 1,/that Government bonds were now | > getting down to a “good investment .. (basis.” There has been a feeling in {Government circles here that bond | 1_ivrices have been at levels so high 15 that they were “freezing out” in-! % vestors

+ E+E E+

FEE LE

1 1

CHEE EEE ERE

c¥i+F

espn | PRICE RISE HELD | «MENACE TO CITY

| ++:

sa! Rising commodity prices con*s stitute the major threat to munici‘iyipal finances next year, ** Reginald H. Sullivan told the In-| "1, !dianapolis Real ‘sa the Hotel Washington today. .. 1 “The City of Indianapolis spends 1 (from &2500000 to $3,000.00) . syiyear for supplies, materials and 's equipment, “the Mayor said. “It © [ean be readily seen that even a 1, slight increase in prices can throw js our expenses upward to the ex- _ ‘tent of thousands of dollars.” aed He expressed the hope that there .. "fwould be no drastic increases in | Jtiprices if the United States does 1, (ot become involved in the *s | European war. } "In the matter of salaries,”| ""y, | Mavor Suilivan said, “the threatened rise in commodity prices

Fob rebtid.

'sjare no fancy salaries being paid! “lin the City Administration .and| 4% most of them already are too low. | Reductions made quring the early! ‘as days of the depression have not 'been restored, except in a small way." *{ Defending the 1940 budget, the “lp [Mayor said that cuts were made + (to retain the 1939 tax rate of $1.39 's He cited that City Council made —'8 additional cuts of only $10.000 so i that “you can see . . . that we have reached rock bottom unless we let & 124 | some of our various services go to pieces or unless we make salary { reductions.’ 1 i

| wo | 3% | “ ~ ¥ TAT { al U.S. STATEMENT | si . WASHINGTON. Sent 7 (U 4 lp iernment exvenses and receipts for the jeurrent fiscal vear through Sept. 5, compared with a vear ago ! This Year

$1.540.733 547.49 811 083.016 88 708.670.310.52 | 532,910.52 217.349.632.94 | 1,620.310.819.86 | 37.628 266,920.80 13,173.662.711.31

| Customs 33,482.048.53

ciation during the ensuing vear will! be formally inaugurated at the ses-|

NEW YORK, Sept. 7 (U. P).— it ts reopened will be conducted

sion, whi*h will mark the close of American Telephone & Telegraph under strict regulations

the four-day coavention.

3 MEMBERSHIPS SOLD ON NEW YORK BOARD

NEW YORK, Sept. 7 (U. PD). — Three memberships on the New York Stock Exchange changed hands vesterday at prices ranging from $1000 to $5000 over the last previous sale. he sdles were arranged at prices of $61.000, $63.000 and $65.000. respectively. The last previous sale was made on Auz. 26 at $60.000.

telephones in service by its prin-

month of August, 1933. as comgust, last vear The August improvement brough* the gain for the first 8 months this

year to 434379 stations compared

1938 period.

Capital Goods Reach 5-Month High

RITES | NEW YORK. Sept. ¥ (U. P) — { Capital goods activity in the week CUT PRICE ered Sept. 2 reached the best level since mid-April on the sharpest {advance recorded in months, Iron Age reported today. The authority's index for the latest week jumped to 70.6 per cent {of the 1325-17 average from 657 per cent in the “weceding week and ‘compared with 584 per cent in the corresponding 1938 period.

London Exchange

Close Advanced

LONDON, Sept. 7 (U. P) —London’s Stock Exchange hereafter will ring its closing gong at exactly the minute the New York Stock Exchange commences trading, an exchange committee announcement indicated today.

LEANING Any Watch

Ln TY RTI SEEMLEE cannes BOC 'STALS CRYSLALIE ..ovsusives 19¢

Repay Work Guaranteed Jor ' Yea

£5.85 8 WAINOIS ST Between Wash, & Marviand Sts,

OUTFITTERS TO MEN. WOMEN and CHILDREN ,

THE MODERN CREDI1 STORE | indiana Theater 129 Ww. Wash, is ‘Dovosite Us in—————__—— LLL LLL SLL a

AUTO AND DIAMOND

LOANS

20 Months te rav

WOLF SUSSMAN, INC.

259 W WASH ST rate hous Opoosite ADiisned 38 Years

the exchange officially today said the closing time will be fixed at 3 p. m. London time (10 a. m. New York Time). Busmess on the exchange when

reopen

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

y ha

Co. reported today a gain of 52.400 arawn up and ready

tion,

pared with a gain of $5300 in Au- British Expenses

Show Sharp Jump

LONDON, Sept. 7 (U. P.). Great with an increase of 162.400 in the Sritain marked the end of another | "pre-war period” last week with 1J¢ a shaip rise in expenditures and a Jump of almost £25000000 in the No. 1

‘hational deficit, according to offi- A'S. tI cial figures issued by

today. The the the

‘earlier,

The following apolis Bond & Sh price offerings. approximate market | based on buving transact

, sent actual (1naicate the

| recent {Aute Invest elt R

Ce Home T&T Ft

Hooks Drug. no co

Ind Hvan nd & Eo

Yen Se; epi PE Bh Pls 1 | ‘Lincoln Nat ©

N Ind Pub Serv $':7% pd nd Pub Serv 67, pfd

N Iv N Ind Pub Ser

ittee working on plans brogress Launary Co com The comm g p Pub S=rv Co of Ind 67 vid... ery Co of Ind 7% ofd... So Ind GRE 48. pfa ‘an Van Camp Milk Co com ...... Van Camp Milk Co ofd.....

nds American Loan 3s Si American Loan Ss 46 ..... Citizens Ind Tel &'as 61... | Crabbe Revnolds-Tavior Ss & ome T&T Rh Wayne 35%; T A %

Pub Serv

| Home T& Ind Asso

Indpls Railway Ine 57 63 | Ind 2% 68. .... Tel 5% $3..

Kokomo Wat

*r 3%; § Nunner Packing Co 4 orris 5&10 Stores 3 58 Natl Silk Hosiery Mills Jhle yiile HL&P 6'27%

No hio Tel Co

0 Bub Tel on $8 Toate

! Richmond mour Wn | aute

Exchequer national deficit at the end of | week amounted to £174489611. the compared with £149 658.240

Water ht Water

LOCAL ISSUES

ons.

wWavne 5%...

oid TER *% ofd ife Ins Co com

v V7. pid

Wer 8

s 8% 94 3 es 6% 4 . 10

for applicathe committee said. cipal telephone subsidiaries inelud- Will melude minimum prices and ed in the Bell System during the cash payment in many instances.

the Exchequer each reported

Juctations by the Indian Fade, p - RR) are Corp. do not re Sheks) Maho but and selling quotations of | Bid ““ ie

ud wy

-~ we — w

G3 B-ABBREZ3ANT

10 8 8% DE, os 5 . 100 101%

eh: 194

33 333323

Cassitanasess V8

INDIANAPOLIS CLEARING HOUSE Cea litEs ..........v uo. ‘ivi SB Debits

OTHER LIVESTOCK x LA eT I=: Ina Be t. hte P.). —Mar-! These 350.380 los. $8404 8 60. 280. 38 1bs.. $3.20% 8.30: piss. $8 down: roughs, $7 down: £10.50 down.

already

y {Good and choice . 90; | Common and medium

10. 5 3 $ {280-300 lbs. $7.75: 300-325 Ibs. 60: 3 339 Ibs. 87.50: 110-180 Ibs. $5.30 « $7.05. 100-120 lbs, $6.80:

stags. $1.73 calves, $12: lambs

Heavy breed hens,

13¢: Leghorn hens ¢ Barred

and White Rock 2'2 bs. and over, 13: colored springers 2': Ibs. ard up, 12: Leghorn 2 Ibs. and over. llc: old roosters strictly fresh country eggs, each fill case must weight 35 Ibs deduction of 15 cents for e full case under 35 Ibs. will be made ¢ utter, No. 1, 28@28'sc: N 3 26%cc; buttsrfat, No. 1. 202: (Priced Quoted by

that

i 8 {a

PP.) —Apples— 404 60¢c. Sweet 6 $1054 1.10. $3.50 3.75. Cauvliflower—Col- | ¢

CHICAGO. Sept. 7 (VU a week Michigan wealthies bu | Potatoes— Tennessee. bu i rots—Califorma, erates { sch-—Mhehean, bu. T5¢. iorado. crates. 8) 10@ 1.1% | RAN. auare crates, 3547 50¢ bu. $185@2 Onion market Q sweet spanish, 8569%ec.!s 104 75¢. Minnesota vellows, S0c: 1 Towa vellows, ¢5¢ iv

Peas—Colo-

re- i merely whites, eve) - 3 e WAGON WHEAT | Indianapolis grain elevators 3 for No. 1 d. 8c. subdtect 51 chance: other grades on 521 Cash corn. new Ne

Ask | are pavine 1

‘sult of a rise in business caused by |Ad

|offers. and one local grain broker- |

‘Vealers and Sheep Rise t0 Cues serv

jat Indianapolis today and the mar- jSCia Min ‘ket turned lower in line with de- | 30 Ox Lau st 3 clines at other centers, according to Rinaston SRC. Mayor the Agricultural Marketing Service. Lockheed Air

Estate Board ai clined 75 cents while others lost 50| No Am LEP

cents. a 220 to 230-pounders.

a $13 top price. Y 50 to 75 cents to reach a top price Wrikht of $11.25.

i Sept.

aood an Shoice— | 120-

4 brings up the same problem. There, 22

Jediuw 160- 2

Claughter Cattle & Vealers (Receipts 1413)

1100-1300 «10 5 1300-1500 5-10.25A11 Weights— Medium —

Common--

P.)'—Gov-

Medium — 500- 200

ood .. Medium Cutter and | SoThnOn . 83.369 opp Canner : = Rex Cutter (iow 1.353.000 “cutter: . .

$8.20+7 8.490: Choice Good and choice Medium and choice { Common

EY { v > x . 1 Tg LOCAL PRODUCE [25 yeineiey os saihers M0 1b dew: FOREIGN EXCHANGE _- more decline SPringers, | sparingly: few 270-360-1b. cows,

brouers. | jarcely fed steer run: market not as brisk | (as Wednesday but mostiv steady: instances | pngland (pound) weak to 25¢ lower following recent record advance;

No. 2 26@ selling at $10.75 upward: top 0. 2. {for light veariing steers as well as light | Germany

FOOD P RICKS | grassers at

Isearce and firm: most fat cows,

Car- ers mostly Spin. {in larv—Michi- | feeders 50-1b {spring lambs and vearlings 35% 50¢c higher: |

{ewes $3@4 mostly’ few gond 67-1b. feeding | { lambs, i strong to 25¢ higher

to market | better: sheep, firm: native slaughter ewes, ' their merits. ' $3@4. 2 vellow 43¢. Oats 3%¢.! ——

Other brokerage houses reported 340,000, compared with $4,158,805,000 a similar upswing in business. One in the similar week of last year. said trading by local investors had| The short week's turnover, howreached daily proportions equal to ever, was $429,957,000 smaller than

10 normal days. that of the preceding full period, Most of the orders, brokers said, hat : Behr a. pe

were buy orders. Only a small perINCORPORATIONS

centage of the investors entered sell orders. One brokerage house reported a Steel City Bowling, Inc. Delaware corlarge demand for investment trust poration, Ldmitted to Indiana to erect bowling alleys. Sixth-Indiana Realt 527 E. 6th agent, William B.

stocks. aid there was *|St.. Blocmington; others said ¥ demand for : Walnut St., Bioomington; 583 shares preferred of $100 par

all types of stock in addition to the |A%ams (432 S so-called “war babies” which may |valie and 100 shares common no par 'alue; general real estate business: Ernest Wayne E Paulsen, William B. ams

be expected to gain directly as a re-|{§ Uf, & Ben Wolf Truck Line. Inec., 2505 Charles-

town Road, New Albany; agent, Ben Wolf, Difficulty was reported by grain tame address; stock. 100 shares’ no pa i “ : iv . operati 3 brokers in p'acing orders at Chicago | narriers. Ben Wolf Bertha P. Wolf, Jane

’ ices ti i |E. Wolf where prices continued to jump the Motor Coach Corp. Elkhart:

Corp.. 4

the European war.

: : | “Eikhart 5-cent market limit daily. |amendment decreasing number of direc

Demand in the Chicago grain pit tos to three

| Blue Ribbon Pie Co. Inc. 202 E Washhas been far greater than the sale ington st. South Bend: agent John Gar:

penter, Sane adores 101 go Mig as {par value: manufacturing pastries age house reported enough buy or-|fooq products; Lois “Forman, Daniel L. ders to have forced prices another Donovan, Emma V. Carl

son. ” : : i {| . Pic-A-Rib Co.. Inc., 1015 Odd Fellow 5 cents higher in an unlimited mar- Bldg, Indianapolis: agent. Fred Bar-

|rett, same address: 1000 shares no par | value: operate barbecue restaurant; Fre B George Mornday, Prank P.

+ Cireus Corp, 301 Circle Tower, Indianapolis: agent. F. E. Schortemeier, {same address: 1000 shares common of $100 par value: operate circuses and all kinds of amusements; FF. E Schortemeier, Robert K_ Eby, Joseph G_ Wood he American Appraisal Co., Wisconamendment of articles of incorpora-

{ Peabody Coal Co., Chicago, Ill.: [tration of trade-mark, “Great

Class 1: Coal. Terre Haute Amusement, Inc., Terre aut chan of agent to Russell R.

\ e | Rhodes. Rhodes-Ditzler Bldg, Peru,

City’s Check Transactions Up ior Week a tly

Bank clearings in Indianapolis Inifincoln Ave, Gos

en. * week -| National Warehouse Corp. the Labor Day week ended yester | be A Oe i day rose sharply and were barely. Morris St.. Indianapolis.

N Curb Stocks

i i Last Change {Aero Sup B .... . - jAm Cyan B .. {Am Super tA1k N Gas A

{Atlas Corp wts . Bath Ir Wks . {Bellanca Air Bunker Hill&S .

ket. With their staffs cut down to proportions needed to care for the nor-| mal amount of trading, brokerage houses experienced some difficuity in handling the increased turnover ! There wes no prediction as to how | long the current increase in trading | sin: would last. | tion.

regisHeart,”

Indianapolis; Krannert, 1700

www rw

® on s 4};

pr COLD «JC0 0000 LI “wu -~

olon Dev Ltd {Col O%G ‘

Top Prices of $13 And $11.25.

Creole Pet . Ea GasXFuel. . El Bd&Sh ‘ {Ford Can 'A { Fruehauf Trail. . Hog receipts returned to normal §'§F Slien

Hecla Min

< ay < © NR AW sO a0 ae bere Wr ped BIBI DI ie BD Or DD DORI UVey G ad -_ OE - Ne" NFS some m CAFE]

igh C&N .

Molybdenum

Weights above 160 pounds de-N J Zine

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w Dr PI rt LIBIDO pt DOD

ay f= OA

y i y 7 | Pennroad The top price was $3.73 On | Bennro 8; | Taggart Cp \ 5 Technicolor .. Vealers rose 50 cents to establish ICRUCAly ©. Spring lambs rose tn Lt&Fwr B .“ art

— ENED NEN

| | | Chi tock - wm won| Chicago Stocks ..8 S00 4351 | 0.5 2492 | ! Last | 880 163 | High Ast {Armour & CO ...vvviin 8, | lAthey Tr Whi ........ 4% | Aviat Corp haba : 40 | Bendix 25 Bliss & L %

Top Repts. Sept. 1 ..... 8690 ori8 5 | 2 7.25 1500 8 | 1 Holiday. 7

i = | 3

Sows hoice 8.15« 8.007.85-

Packin Jood and | 270- 8 300- 330 . 330- 360 . jood

Barrows and Gilts

~ dom —- ” a ww - 8300

Chea Corp {Cities Serv | Comwlth Edison Elec Househd Elgin Nat Wat { Feur Yl Drv Slaughter Pigs | Gen Motors i; 0 Medium and Good— |Goodvear T&R 30 230- 300 795. 7.7511 Cent RR 0 90- 120.. 6.50- 6.75 Libby MeN&L sar = Y |Marshall Field {Mid West Corp !No'west Bancp Potter Co sees amare Jehwitzer-Cu .. Keift & Co .. Swift Intl $ 7.00- 8.00 Wahl Co i

7.00-

140 8 7.78 140- 160 23 160- 1230 200 200 220 240 270 300 330 3 360 8.00

8 25-

1d w ® ~ ro OF «TI UY wf Ube oF > =F OO «IPI | IV hn oa 4h

400- 450 . 450- 500 .

ro - — % > —-

WOMB BOXED -

SN ~ 00 3 00 0 Dr «1D US00 «IRI Gy

C3 CN C3 WWD

— —

a 0- 200

ar anes ” >» a

wr ®

LIPID OD OWUWD (IID WD 4 “

» =

Bulls |: Yearlings excluded) 50 Jeef-— 50 Good 30 Sausage— 25 Good Ja Medium 6.50- 7.23 50 Cutter and | 50. common 5.50- 6.50 0 Vealers |

” - ow

wd —lILI0 O00

Corn and Wheat Region Official Weather

Good to choice common & | medium. 9 00-12.00 | . 7.00- 9.00 Calves i {Receipts, 376) |

v.30- 830 100-1300

7.50-1100 Sept. 7. 1930—

High Low tation weather |

coc mmr

Bob Edce

PAGE 15 -

ON THE RADIO

TONIGHT 6:00—~Rudy Vallee, WIRE, 7:00—~Good News, WIRE, 8:00—Music Hall, WIRE. 8:00—Columbia Workshop, WFBM.

Good News of 1940 returns to the air tonight and presents two new members in the cast—Walter Huston and Roland Young. Mr. Huston will be master of ceremonies. Although perhaps best known for his portrayals of Abraham Lincoln and Dodsworth, more experienced theatergoers will remember him as the carnival man in “The Barker” and the baseball rookie in Ring Lardner’s “Elmer the Great.” Mr. Young makes his debut as a regular radio performer tonight. His first motion picture role was opposite John Barrymore in “Sherlock Holmes” almost 18 years ago.

As one of the highlights of the program Meredith Willson, musical director, will play “Barcarolle” from the “Tales of Hoffman.” He will announce the name of the first American composer to be commissioned to write a typical American barcarolle. Connie Boswell will sing the second movement of “Deep Purple,” entitled “Lilacs in the Rain.” Baby Snooks, Daddy and Billie Burke will be there, too. » » ”

When Norman Corwin wrote the poem, “They Fly Through the Air With the Greatest of Ease,” there was no threat of immediate war. He repeats a performance on Co- ” EJ »

lumbia Workshop at 8, CBSWFBM. The poem is about the great war bombers. . . . Edward Everett Horton and Rudy Vallee will be called upon to “take it” on the latter's program tonight. Known as fashion plates, they'll play repartee with Elizabeth Hawes, author of “Fashion Is Spinach.” Miss Hawes has very strong ideas about men’s clothing. . . . Sigrid Gurie comes to the Music Hall with Barry Fitzgerald of the Abbey

Players and Florence George of the .

Chicago Civic Opera at 8, NBCWIRE. . . . Lenore Ulric will be on the “It's Up to You” program with Dale Baxter at 6:30, NBC-WLS.

o » =

Jessica Dragonette, who gave an introductory concert last week, will return for a series of programs at 6, NBC-WENR. ... A world crisis is prophesied by the stones of the Great Pyramid, according to John Hix, scripter of Strange As It, Seems, 6:30, CBS-WF3M.. .. Mutual broadcasts the first part of “Faust” from the Atlantic City Steel Pier Opera Company tonight. . . . Mu= tual also brings John Steele, their London correspondent ta a new 8:15 broadcast. He starts tonight and will be heard on alternate Thurs days. ” ” n

Plans are approaching completion for the wiring of television and radio broadcasts all over the country into hotels and large apartment houses. The programs will come over local telephone wires Which will be leased by the pros gram producers from local tele. phone companies. ” o

THIS EVENING

(The Indianapolis Times is not responsible nouncements Saused by station changes after press time.)

INUVIANAPULLS WIRE 1400 (NBC Net)

INDIANAPULY 'FBM 1230 (URS Net.)

for tnaccuracies In program CANLINNATS

Ww 100 (NBU-MBS)

ane WLS -WENR 870 (NBC Net.)

Jordan Cons. Tea Topics

Judith Arlen

Christian Science Bohemians History Speaks ws

Organ Ma Perkins Dick Reed Basonology

Spelling Bee Neighborhood Charioteers Dick Reed

bf pu ti | | mE=s

=| S| H3S3D

FA» CA Sw

Melodies Americas Serenade Sports

Easy Aces Lost Persons Rhythm Fables European News

Invitation Americas Little Jack Lvowall 1nomas

Baker & Denton News Fisher's Or.

Ask-Tt-Basket Strange As It Seems " "

Rudy Vallee "» »

wae

Major Bowes Good News

" “» ' ” ”» » ”» » ”»

Music Hall

" ” " »

rerases! sean mr -'

wow

Workshop

American Views Adventures

inside Sports News Rudy Vallee Sports Lid " Up to You ts

Symphony Lost Plays

”» ” "” "” ” "» “ ”

Betty Winkler Bob Burns Unannounced " "

” .

Amos & Andy Parker Family Joe E. Brown

Pleasure Time Tribe vs, Hens

td UT SUS

ys — ve

News Pleasure Time Osborne’s Or, This Is the kar Levant's Or. Moore's Gr. ” Sports

nM News ry Music In Night 4 " Koller Derbv Dick Reed 5 Unannounced Eldridge’s Or. ~ James’ or. Recordings

Felton's Or. id : ! Hallett’s Or.

FRIDAY PROGRAMS

INDIANAPOLIS WFBM 1230 (UBS Net.)

INDIANAPOLIS WIRE 1400 (NBG Net)

Teter Grant otes o Herth’s Trio Ted Li, 9 Barnett's Or. Hall's Or. Busse's Or. Moffitt's Or.

Waller's ar.

Recordings

Words and Musils CINCINNAT])

WLW 300 (NBU-MBS)

INDIANAPOLIS WIBC 1050

Devotions

Early Birds y » Markets

Prayer & Praise

—— — Kirbv & White Sleepy Hollow Organ

- Tunes & Tips

”» ”» ”» »

" News

Kitty Kelley Man * Myrt & Marge Hilitop House Stepmother

Married

Breakfast Jam Time to Shine News

Today’s Musio Gospe) u " Caravan Man I Married Poems shivn Footlights Juliz Blake 1 wens

Singer

Coffee Cups Musie

David Harum Lorenzo Jones Wiauer Brown Road of Life

00 Hollvwood ¥ Scattergood Big Sister Life Stories

Reflections Linda's Love Hits of Today Vio & Sade Charm House Miss Julia Dr./ Swing Road of Life

At the Fair Dessa Byrd Editor's Linda's Love Singin' Sam Dr. Malone Farm

10:00 Jovee Jordan 10:15 Girl Marries 10.30 Farreit s Kitchen 1:45 wen Echoes 5 » "

Farm Circle

Daughter Safety Program

Hour Sc Markets, Weather Boy

Friendly House Kditor's Daughter ’ Te The O'Neills News Castle Time Farm Hour Rhythm " " ”" Ld ”» ”» hoo! tor Brides

; Unannounced Greets Girl

Livestock

Betty & Bob Grimm's Valient Lady Betty Crocker Marine Band WIRE Reporter y " Headlines Theater Pepper Young 5 " ’ Guiding Light 00 Farmers’ Guide Backstage Wife (15 Gold Coast Stella Dallas :30 Herbert Donaldson Vie & Sade 13 River Boys Midstream

00 Ruth Carhert Kitty Keene (15 Dr Susan WIRE Audition Cartvle Stevens Festival 3 Miss Julia " "

Ensemble T ea Topics

Farm Rurean Melodies Bohemians News

nh BRBEL 1190510 — Pps . Pet

Basonology

KEY NETWORK STATIO

Daughter Musi

Betty & Bob Grimm's Valiant Lady Betty Crocker

Mary Marlin Ma Perkins fenper Youn Guilding Light A — ——— — Ohio State Fair Beautiful Life Midstream

Kitty Keene Day Is Ours Silver Winds Woman Speaks Bargain Counter Institate y " Vaughn de Leath John urney Lowell Ihomas

Home Folks

Bill Jones Revelers

Musicale " "

Band Box Shut-in Friends Pianorama

Tropic Moods Concert Hour

Castletime Song Man Old Retramng Hawaiians

Matinee

NS (Subject to change):

$12.00-13.00 | MUTUAL—WOR, 110; WHK, 1390. WHKC, 640; CKLW, 1030; WSM, 850. NBC-BLUE—WJZ2, 760; WOWO, 1160; WI.S-WENR, 870; KWK, 1350. | NBC-RED—WRAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 610. Re eather | UBS—WABC. 860: WIR. 750; WHAS, 820; KMOX, 1090; WEBM, 770.

Freder. Stocker | Stations Cattle, Steers | Notre Dame ~a tAngola 00 | Wheatfield 75-10.00 ' Rochester {Marion 25-10.50 | Lafavette . wd 00- 8.25 {Cambridge Cily . {Columbus ....... 89% Vincennes 50- 8.50 Paoli 5- 7.75! Ft. Wayne ° | mdianaoplis Medium & i Terre Haute good $ 5.78- 6.50 Evansville | Calves (steers) | $8 23- 9.75 Goo 6.75- 8

Cloudy Clear Clear Clear Clear Clear |

Heifers

1 759 800 $10 25-10 75 Good : ou. ¥ Lh hd ‘ * N | 500- 800 9 9.50 10.25 §00-1050 . 8. | "av ymon—-10.25-10.73 Medium -— | 500-1000 T. 500 900 6. | s

Clear Clear Clear ar

ood-— 750- 900

Ooo ooossc000oH

Cows Clear

Med:um-—- i 500 down 850- 8.75 Calves (heifers) {

7.25« 7.7% 6350- 725 $5.50« 6.50 Medinm— | J | 500 down 8.00- 8.00 | price index of 30 basic commodities, | t

SuEEr di iy sh | compiled for the United Press| . . { (1930-32 average equals 100): |

NEW YORK, Sept. 7 (U. P).—

5 3-1 19= 50-

3 Week ago {Month ago .... | Year ago .. 1939 High (Sept. 6) ..ovvnss..

3 « 10. 8 6

2 | 104.45! 116.07 | 101.40

Ewes (on shorn basis)

3.00- 3.50 ‘assesses ens 3.00 ..

Cassese

CHICAGO LIVESTOCK {1938 Low (July 24) : ‘uled for production between now | $9.50. | {and the close of the year.

Hogs—Receipts, 2000: weak to 25¢ lower | . down;

sales good ana $9.23 | , $1.75@ { a) calves, 1000; | cies:

bulk early EY

hoice 170-210 $8.75 9; NEW YORK, Sept 7 (U. P.).—Following

Receipts, 90060:

Net Change | 4.00% — 00021 |

attle —

trade being irrexular canada (dollar) all other | France (franc) lasses full steady with fed heifers and |ptalv (lira) : 4 ows very scarce: large share fed steer run | Belgium (beiga) ... i —. 0013 $11.85, paid Germany tmark) X Unquoted travel mark) ORE tfrane) ... . “+ 4 y <+-.0004 —.0010 =.0010 | Unquoted |

teers: several loads, $11.50@ 11.75: rank: Switzerland nd file, $3.50411.50. with short feds and Holland (cuilder) 39 down to $7.50. stockers, Sweden (krona) best fed heifers, $11.63; Norway tkrone) $€.50@ 7.50: cutters, 35.50% Denmark ‘krone) . weighty sausage bulls to $7.65 and veal- | Japan (ven: $12 down: replacement cattie! good to choice vearling | most stockers and |

Colonial Thrifty Savings Accounts are Insured by Government Agcy. up to $5,000.

Coloriz Savings & Loan

Association

MEMBER FEDERAL SAVINGS & LOAN INSURANCE CCRPORATION 28 South lUlinois St.

small supniv: tockers un to $9.65. $7.75@ 9.25. Sheep-—Receipts, 7000. late Wednesday | een. 254i 30¢ up: Idaho springers, $10,154 | AE bulk native, $10 25 down: top. $10.50; | earlings, [email protected] native slaughter $8. 40; todav's trade spring lambs! Westerns, $10.50% 0.75; natives bid $10.25. asking $10.65 and

Times Npeciat BALTIMORE, Md. Sept. T.-! » Baltimore and Ohio Railroad an- | {nounced today that arrangements six have been made to build 180 auto100'2 mobile cars in its shops at Cumber- | 32° land, Md. and Keyser, W. Va. | * necessitating bringing back to work {200 furloughed men. These will be! {the largest freight cars in operation | ion the B & QO.

i | 130 RAIL CARS PLANNED bs,

rr vw

1 1

wv Fon A pd ph ph pk ll a as ir 3232332232333353 2.329-323-33 wv >

22 +

All Makes Rented and Repaired Quality at a Price WOODSTOCK TYPEWRITER CO.

vid ut Yt ot pt pt

a A A A

September Special HALF SOLES T™.: 4 C Ladies’ 5 4 C Mens

KEES 10NI0 SHOE REPAIR » 39¢ 1% 8. (ILLINOIS ST.

MEN'S HATS CLEANED. RLOUKE Sale MEN'S SUITS TOPCOATS & OVERCOATS 9 Over 300 to Select From . ota $5 A eroran Al size te $8.50 ee

he CHICAGO Store

sterilized n d A ther -

253 Century Big. Liane

146 EAST WASHINGTON ST.

{the Monarch Motor Co, 1040 N.) 6 & Choice— | r ou 25 500 down $ 9.75-10.78 N DEX | Meridian St. today returned from, : DAILY PRICE 1 Flint, Mich, where he and 12 mem- | bers of the organization viewed new | 300 down § 9.00-10.23 py & Bradstreet’s daily weighted | models of the Buick motorcars soon |

{not to be released until later, Mr. 1.0 | Krafft said two new models will be 10.09 {Yesterday . ‘eo evs 15.07 {added to the line. z

taling $40,000,000 have been placed at the factory for new models and] more than 100,000 cars are sched-!

cars in Indianapolis. jare noon cable rates on major curren-| u —_— _— Cabl

CITY DEALER VIEWS

1940 LINE OF Bucks

William R. Krafft, president of [

0 be released. While details of the new cars are,

| He reported that commitments to-

He predicted record sales for the

PERSONALIZED AUTOMATI® TYPEWRITTEN LETTERS. ol

EXCLUSIVE 20TH CENTUR

LETTER umes. SERVICE

COMPLETE MAILINGS STENOGRAPHERS TS Meriaiaana, hoidine MARKET 3559

MULTIGRAPHING TWO NOTARIES

MILTON'S ]

8-DIAMOND BRIDAL PAIR

1 4 +5

3 diamond en-

45¢ DOWN—30c WEEK

MILTON Giles

a SOUTH ILLINOIS ST

LE SE SE ENE NE SE SN NE

BRICE as “Baby Snooks”

ROLAND YOUNG

PREMIERE

Laat. 20 6 JE 28 JE 2 = 28 OE OS

WALTER HUSTON

OF THE

1940 SEASON-TONIGHT/

“Daddy” Stafford * Connie Boswell Meredith Willson's Orchestra

WIRE ° MAXWELL

THURSDAY e7P. M. Presented by

HOUSE COFFEE

Now ~—More Than Ever . . . Good To The Last Drop

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Le EE BE Sh EE EE ET

IRIS FAKES ALS AIK NPE XR EIB NAT NSE PF TRAN TOI IRF NY

“App a

‘

SAESUFANEIDANLY S20