Indianapolis Times, Indianapolis, Marion County, 5 October 1939 — Page 13

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AU. S. Bank Clearings Drop LI ON THE R ADIO D.

N. Y ST 'OCKS

Evo

i SAY

iE) 30 ADVANCE ~ FOR CHRYSLER

PAGES STOCKS =

Wheat Prices Are Higher;

Bonds Stage Upturn; ¢ London Firm.

Heim By UNITED PRESS

A Led by Chrysler, which hit a new 3 top since 1937 on a gain of more than $2, stocks worked irregularly|im higher in quiet dealings. at New]

York today.

News from Detroit of booming retail sales and sharply rising produc-

tion sent Chrysler up $2.50 to $93.75.

.General Motors gained almost $1 and Allied Accessories'.and rubber shares set. up gains extending to

more: than $1:

teels ongthened after initial Bethlehem ran up almost $2 to above $90-and- U. 'S. Steel

easiness.

gained almost $1 to near $76 after both had displayed -small: - early losses. Amusement, mercantile, copper, oil and ‘aircraft. shares showed

mid-season "gains ranging to ‘more

than a point. "Wheat Is Higher

- Stocks moved: moderately higher ch in quiet” dealings on the - ‘Chicago <

Stock Exchange.

“Wheat was firm in’ the ‘face of |S moderate. selling on the Chicago

Board of. Trade.

c At the end of the first hour Whesi

as up %-3% cent, corn was %-’ higher, and oats were er. siness inthe stock market and rains in-scattered sections. of -the

winter wheat ‘belt induced selling Era

after the opening, but it was easily absorbed and the market rallied about a ‘cent from extreme lows.

Bond Upturn Brisk

‘Speculative railroad issues led a fairly . brisk upturn in bond prices. Practically all groups participated in thé advance which brought gains ranging to argund 2% points. U. S. Government iSsues mqaved irregularly higher -in quiet trading. Trading onthe London Stock Exchaflge slowed: ini the late dealings ‘after a brief early flurry . of activity, but the market maintained a firm undertone, . “Unconfirmed reports of German troop movements on the Swiss, Dutch and Belgian frontiers generated nervous selling against the “neutral” currencies in foreign exchange ital. . ature of . the. gommodity day was the estab dent of a 121% cent price - level «for s:giomestic copper. That marked an increase of 12 cent and reflected strength':in “the outx A = secondary ‘market for the

a»

= Altorfer Br cv of

Armour & Co Aro Equip Corp

Last .20 A

Serv . . Comwlth Edison ie Comp Ind Gas ... ol + Ho Cen Motor: shy ereine Bakes Sha . Ind Pn Jarvis Ww B Midland United ; Pedvody Coal B+ Penn RR .... 40.000.

—A—

Alaska Jun ... 6% A cov 1 : lied Mills 1 : yin to

SC Am" Car

Am F & Am&F Pwr Vs

i of 3 Am Hide & Am Hide

Di cs

= AHP AE Le ae

00 Am m ne

Artion Atl c "Ling eee

a |

12% he 16% 5 26Y2 2834 89

Fin : 3 5 A 5 8

21 ox 25%

ald Loco ct ive 19% t& O 77%

Gr 19% Barnadall | a 16% 16% 3ayuk 23% Baynk SE 1 wf 100% 1007 « 3eatrice 6a 28% 3endix Avn ... 38%; Beth Stee .. 89 Beth > Stee] ; 32% oi oein vee Bon ves 58 Borden . .. ...... BRIgES. Mfg ...

21, 25%

> 8 United Press

‘High Low Last TH % —

= 5

me Pa

| Week azo

- me BE ae

y | ¥ear ago

| ‘High, 1938, 25.19: low, 15.14. :

> ‘Martin Gl eer

DOW:JONES STOCK AVERAGES

3) INDUSTRIALS + 0.02 rs © + 0.28 —0.22

Yesterday Week azo Month ago ... Year ago. ...:-c.0-- Segre 143.10 High, 1939, 155.92; low, 121.44, High, 1938. 158.41; low, 98.95.

20 RAILROADS: . 33.88

Yesterday eetestecens Week ago ... 35.02 Month ago . 29.42 Year AZO ..cocovoonsss wee 29.88 High, 1989, 35.90; low, 24.14. High, 1938, 33.98; low, 19.00.

15 UTILITIES

seasrrtarasyaes

Yesterday

Month ago .. .... 28.08/

“High, 1939, 27.10; Tow, 20.71.

i : Fe Low Last. 35% Mathieson ... McCall Corp ... McIntyre Porc . Mesta Mach ...

dent Pet .... dland stl oe nn RO T.. .e jssion orp, 2 : 5 oR P 106

ont Ward ....

. Curb Stocks

Am Cyan 2 een BE Am L&T 2} 15% op Ark 'N Gas: A 1 {Asso G & eR: % 8

23 Carnation Ry

} t Elec % | Cent St El 7 pf. 10 Cities Serv 6%

\ss0 G&E A SHEER » Pur 2 erkey : ra .. 35%

Cent

Bodo ki Ay I

Net - Last Change ‘32% —1

: heavy first-of-the-month

*|Continue. to Rise

“87

‘1, | Nat

Nat Distillers.

Cash Reg..

Pppe sr oath 4 ee Gl’ cose . 951 s | Sherwin-W. .... 89

% cent §

trading at the British G

: Kennecott

Burroughs

8 13% + Bush Term ... 5.

Callahan Zine

a Caterpillar via Century Rib ..

Epes

1&So0 1 pf Col Broadéast A Colum Gas Col Pictures ‘+t vie

+H] +4

Cont. oil Dei. Corn Prod

e Co Crucible St .. curtiss-Wr . ¥Curtiss-Wr A’.

Deere & Co ... Del & Hud Dist Seag ..... Dome Mines ... Douglas Air ... preg Mfg ...

Du Pont “own -- 178% Du Pont pf ....117% 117% Eo East Air Lines 17% East Kodak . East Kod: pf Elec Boat .. . Elec Pwr & Lt

117%

17% 153 153 .156Y%, 156 156 15% = 15% - 18% 87s 9 33% 30% 11%

17% 153

9 33% | . 113% —F—

. 31 41,

End Johns* of. 11%

Fajatdo, Sug .

First N Strs .. Freept-Sulphur.

31 41 443, 34%

31 4, 44%, 44%, 3%% © 34Y, » ioe Cs .. 41% 40%

ot 8 . 543g mL . 39% » 183% 28% 3

.. 8% ees 32 H.I . 293, Cn Cp. . 161; Guant Sug .... 3% —H— . 155; 5434 33, 24,

Gen Electric

Gen Refract Gen Stl C Glidden Goodyear

Graham- Pajge.

Hall Print 15%

Bay M&S.

Ill Central ..s.. 15% Ingersoll Rand .120 Inspiratn Cop . ° Int Ag or pf ...

462 5%

. 14Ys 14%

40%

a 40% - Kroger G&B ... 256% , 25%. 25% ....

15% 15%

s | Nat Gypsum

SEF

Fb idl + LE Streit nf Bg

SS -

DIBIDIRISN-T BIssDIrs SNS Jeans cen

Xo Ae Ava.

| ohio Oil =. Omnibus Otis Elev

Penn BR R iY Mat DI Shils Read c 1 Enilhos Pet .

EEE LH

1 2. -Plvmouth Oil .. Press” Stl Car. . Procter & G.... Pubic Serv .... Pullman «.... Pure- Oil ......

R Reo ot ve epublie Stl Rey

yi Tob B .. ? | Richfield Oil :.

aKer {Sunshine ‘Min...

3wift Intl ... Jyming- Gauid

Tenn Sore . s Sorp 11° 48 Go Star ... 2. EN 1778 9 97% 1414 ‘231%

11%

or 3 3", 10%

.. 15Y, MH ..115% 115% — 3 + 36% 4%

teel ... teel pf Vanadium .... Va-Caro Ch...

ralker ( H) pf .

-|Sunray O

: . not develop for some time.

Fie

Un Wright Hark A

». .

[EXPANSION CERTAIN, HOPKINS ASSERTS

NEW YORK, Oct. 5 (U. P.). —A : bring s marked expansion of activity in this (3 |country, provided we maintain our s neutrality, according to Harry L. 2 | Hopkins, Secretary of Commerce, writing in the October issue of the |ywois

long European war will

American Roofer, published today. He said that “ds stocks are used up and production in the belliger- |; ent countries is dislocated, we shall be called upon more and more as a source of supply by neutrals as well as belligerents.”

premature price rises and declared that increased foreign demand may Speculative price and inventory increases now might lead to serious ("® collapse in the interval, he added.

{COMMODITY PRICE

INDEX UNCHANGED

Times Special

There was no change in the general level of wholesale commodity

+ | Fertilizer Association. This index remained unchanged in the week ended Sept. 30 after advancing in each ‘of the six preceding weeks. The current level of the

, | index, at 76.9 per cent of the 1926-

1928 average, is the highest point reached since January of last year.

GRANTS RIGHT TO SUE

Corp.,

permission to sue the corporation,

its sales agent, Vice President'S. W. Blakeslee, now a receiver for the company, and other individuals.

. LOCAL PRODUCE

- | Youngs, Jos Prairieton Ave. Secretary Hopkins warned against

WASHINGTON, D. Os Oct. 5% —

prices last week, according to the index compiled by the National

PITTSBURGH, Oct. 5 (U. P.).—|R® After hearing charges of “waste and extravagance” hurled at the Pittsburgh Terminal Judge R. M. Gibson today ‘had granted a preferred stockholder

Federal | 800@8.

we Ist Time in 11 Weeks

- NEW YORK, Oct. 5 (U. P.).—New York City bank cleating: this week were almost one-half billion dollars smaller than in the 1928 period, with the result that combined volume for 22 leading cities fell below the year-ago level for the first ime in11 weeks, Dun & Bradstreet, Inc,

reported today. The trade authority reported total check transactions for the week ended Oct. 4 at $5,736,092,000 compared with $5,922;725,000 in the 1938 ‘period, or a decrease of 3.2 per cent. The current volume, which included settlements, was $542,146,000 above that

of the Sept. 27 week, compared with %|8 rise of $1316, 061,000 ‘between the

two similar weeks of 1938.

Clearings at New. York amounted to $3,397,548,000 this week against

i $3,841,114,000 a year ago, or.a deaicline of 11.5 per cent, while turn-

over at the 21 outside cities rose 6.8 per cent from $2,081,611,000 in the 1938 week to: S280s0000 ‘in: iby

2| atest period.

Indianapolis Clearings

Clearings at ‘Indianapolis for the|

week ended yesterday continued to

advance above the year-ago level and the total for the previous week. Checking transactions - for the week were $19,801,000 as compared with $18,124,000 in the previous week and $19,009,000 in the corresponding week of 1938.

INCORPORATIONS

Dun & Bradstreet, Inc., Delaware corporation; admijted to “Indians ‘to operate

mercantile a The Marion Liong Club, Inc 09 3 Stn a no fal toe; Sourt: ein Joo! ‘Messick, “SMeriu offin, Tioyd M. r

olfe ind other

W. by ree

so ngtion 1220 Restaurant, Inc., Jun 8. 12-20-Gary; agent, The dore HaRutis, same address; 100 share 3d Rar value; operate restaurants; heod ahutis, Louise Rahutis, Louis ‘H. Apodore

Mid West Tar "Products Co Te: Haute; amendment designatin Barold Te erre Th

as agent and changing number of directors to five,

Somers Bakery, Inc., 343 ¥ atten. jad St., Ft. Wi De Somers ‘sams atuvoes: a sha es of $100 ke ar value: manufacing bakery products: ge a0 Homers Alice M. Somers, Wil-

ll en Protective Bureau, Inc., Broadway, Gary: no capital stock; to d to owners, managers, occupan of real estate; ary uff, Ray Benjamin Sak

504 give ts, ete., . Thomas,

NEW YORK, Oct. 5 (U. P.).—Dun & Bradstreet’s daily weighted price index of 30 basic commodities; compiled for the United Press (19301932 average equals 100): Yesterday .........occconne. 11841 Week 880 .i..oicensssesaess. 118.36 Month ago .....ciceeeeusse. 11562 XCar ago ......... 0 sieeve. 104.09 1929 High (Sept. 30) ........ 119.34|g5 1939 Low (July 24) .......%{.. 101.40

‘OTHER LIVESTOCK

CINCINNATI, Oct. 5 (U. P.) ior s—Receipts salable, 2¢00; total generally 15¢ higher lbs., $7.10: 100-140 Ibs., 65.5566. 500 most good packing sows, $5. 50@86. Cattle—Receipts salable. 500; total, 550. Calves—Saladle, 300; total, 300. Good and choice Ly yearlings and heifers moderately ach ve, steady to strong. Load choice b. fed heifers. $10.75: few steers, $7.50 50; Ldn mmon to medium yearlings “sea. 50; common to good beef co [email protected]: bulk sausage bulls, 33,734 530.1 75: vealers closing strong; top,

a salable, 600: total, 600, Supply light, Dut demand ‘limited’ and

and heifers,

sent; mon to medium slow at > vas 50; slaughter ewes, $2@. . 8 (v, 47 he s

: Slaughter Cattle

Hopkins Co., Dugger; dissolved 1

DAILY PRICE INDEX |g.

Common

BRINGS UPTIRN IN HOG PRICES

Vealers, Lambs Hold Firm ‘At Top Quotations of $11 and $9.25.

Light marketing brought a firm tone into livestock prices at the Union Stockyards here, the Agricultural Market Service announced today. - Hogs turned 15 cents higher and the practical top price, quoted on 220 to: 230-poursters, pushey up to $7.25. : ‘ Vealers and lambs were steady at respective - top Prices. of $11 and

: so. 25.

Top Repts. 85 134 7.10 4112 7.25 5483 Sows : hoice— 8 6.50- 8.65 6.40- 6.55 6.25- 6.50 6.15- 6.40

to +> Repts. (Oct. 'g. site 5000) $5

br] aig 6.85 10,660/ 5 ....

Barrows and Gilts Packin, ood and

400- 450. . 3 250- 500.. 5.80- 6.05 Slaughter Pi fediu na G ood

250~ 5( 250- 5( 90

FERHBSE

» Shishi: [=] Q

120.. 6.15- 6.50 ealers (Receipts, 776)

Steers Bulls (Yearlings excluded) e Ee. 000 $10. 75-11.25| . Good 10.50-11. 2 10.25-

9.75-10. 50 9.75-10.75 9.50-~10.50 9.25-10.25

00 13!

- 7.00 .50

Vea All, Weights choice.. $10.00-11.90 Common

v md 9. 201 Jedium:,

6.50- 8.00

5.00alves Receipts (449) Feeder, Stocker Satie, Steers

300 00 8 9.00-800-10.5 9.00-

8.508.25-

-1.505 50-

7.50 750-1100

Heifers 9.75 3 9.50

Cholee— 5 750- 900 10.50-11.25 Good— 750- 900° 9.25-10.50!

8.25 Medium — 500- 900 10.25-11.00] enn

7.50

Tow 5 %s 0- 6.25 Calves steers) Good and cl 500 gown $ or 11 .00

7 00! Mediu 30 6.50 ; 500 down. 8.50- 9.50 Calves (heifers)

..$:65 Medium" 5.5 Cutter and common 4.75+ 5. 50! Goode Canner 4.75- 5. 50 on down $10. 00-11.00 Cutter (low | Medium cutter) 3. 15: 4. 751 500 IT 8.00- 9.00

SHEEP AND [LAMBS (Receipts, 1290)

Good and choi ; 9.25 Medium ‘and ‘ch pce Cevraise Tree 3

Good and cholce” ...... Frees 3:00- 3.50 3 300 ..

edium

Ewes (on shorn basis) Common: ‘and %

CHICAGO LIVESTOCK

Hogs—Receipts. 9000: active, strong to 10c higher tha Wednesday’ s average; ton, ” hy yr ering) lv: bulk good and choice 200-270-300 lbs., £6.85717.15; Ton. ans: "Ib Sn al j028. 90: most 180-200 1lbs., $6.50@ 7.10; good 270-330 1b. nacking sows, $6.35@6. 60: most 330-500 1bs., [email protected]. Sheep—Receints. 4000; late Wednesday all gi 5cease lower: best native lambs. $9.50; $9.15 @9. 35; throwouts. [email protected]; a to. good fed Texas vearlings, .60: uate handvweights v 03.75; today’s trade bs around steady: bulk moderately sorted natives. $9. Bas. 35: one dougood Montanas, $9.25; hest range and native lambs held. around $9.50; fat sheep weak, very few "fat native ewes about

Onitle—Recelpls. 6000; calves, ' 1200; Wednesday’s upturn attracted larger reSeipis than expected. mostly steer runs trade very dull, few good to choice weight yearlings about steady, but all other yearlings and steers with

6.00- 6.25 |

..$ 6.75- 7.26

and a. 7.50-10.00

9.00 8.75 | 10:13

7: 00—Ask isnt WFBM. {00—Good

En “Debate, WENR. =

9:00—~Music Hall. WIRE. 9:00—Workshop, WI WFBM. This is the night t that Rudy Vallee will not be on at 7 o'clock, NBCWIRE. Instead two half-hour serials will be heard. They are “One Man's Family” and “Those We Love.” ‘These ese Drograms are scheduled in-

/ definitely.

® 8 8 ; Joe Penner returns to the airlanes at 7:30, NBC-WENR. Joe made his first radio appearance as a guest of Rudy Vallee in July, 1933. He will continue ‘using | ‘the phrase ihat made him famed, “D’ya wanna buy a duck?” The: orchestra will be led by Jacques. Renard. Meanwhile, Parks - Johnson and Wally Butterworth ‘bring their popular Vox Pop: to an evening time at 6:30, CBS-WFBM. The pair got on the air during the 1932 Presidential election. They were taking a kind of public opinion poll and branched off into less serious but equally diverting things. Example of first type of question: “If it’s an elevator when it goes up, what is it when it comes down?” Henry L. Stimson, Secretary of : 8 8 =»

State in the Hoover Adminis

By on ‘neutrality at 9,

ation, ii WFBM. . . , The Town Meeting of the Air Te Gen. Hugh 8. John= son: and Secretary ;of the Interior Harold L. Ickes together in another debate.” The meetings originally = called for a debate on “Critical Political Issues.” Because of Presi=. dent Roosevelt's s dpeestion for an: adjournment of politics during oo : special session of Congress, - the question has been changed. It will be “How Can We Defend Democracy in America Nowp» “eo

Walter Huston will ‘become Elmer the Great once more at 8, NBC=WIRE, when he .recreates Ring Lardner’s baseball hero onthe News program. . .. The Music H will. be filled with large«calibered guests tonight. Bob Burns has gone on his vacation and there is need for replacements. The - guests: are Wendy Barrie, John Payne, Frank Albertson, and Robert Coates, well known conductor. Bing will be there, of course. . . . John Hix, on Strange as it Seems, brings the’ story of a

man: who could see beyond: the hor='

izons and three athletes still active: at ages ranging from 64 to 69. . . Brig. Gen. Henry J. Reilly, U. s A.

Ret, has been named war corres.

spondent on the French Front by NBC, it was announced today. . 2 8 5

THIS EVENING

(The Indianapolis Times i t ible for in i - : nouncements caused Dries Ja Dot re a ers r, inaceurae - h rogram al

INDIANAPOLIS WFBM 1230 (C 5 Net.)

4:00 Genevieve Row 4: 1 Patterns in Swing

8 is Seattergood

5: 00 Christian Science 5:15 TEAR :30 V. Kaltenborn _8:: 45 European New: 6:00 |

News 6:15 Sen. P. 6:30

Bi Vox - Pon dit 6:45 en ET) 3 15

Girl Alone O'Neills Dick Reed Dessa Byrd Spelling B Topics oe Resume Reporter Myst. Bic k Reed Askit-Basket Map’s Family Strange as Seems

INDIANAPOLIS WIRE 1400 : (NBC-MBS)

3easure Time Porrey’s Or.

Those We Love

CHICAGO WLS-WENR 870 (NBC Net.)

. Home Forum ] Herman's Or, 1 Anthony d Dinning Sisters 1 Melodies Serenade

Organ Tom Mix

Easy Aces eene Unannou ced Brown's Or.

CINCINNATI . WLW _ 700 (NBC-MBS)

Kitty Keene

Unannounced Invitation Baker nanno well aa

Pleasure Time nannounced ;

Inside Sports. Man's Family,

ews Sporty oe, Penner Those We Love

Good News ”» ”

: Major Bowes

”» ”» ” ’

Concert . sborne’s Or. ckes, Johnson

H. L. Stimson announced

TI Music Hall Re ” ” ”

”» ”»

mos and Andv ws ews Savitt’s ,or.

Paul Sullivan ___ Goodman's or.

) Avres’ Or. Powell's Or, ” ”

Recordings

” »

. Reichman’s or. y

”» ” ”» »

Musje: Hall Congert Salon '

Peter Grant orts arber’s Or. + Moore’s Or, | -Mill’s Or. Mogn River

News bh Osbhorne’s Or. Kassels Or. Recordings

Herth's Trio Tuckers [VI

FRIDAY PROGRAMS

INDIANAPOLIS WFBM 1230 : (CBS Net.) Early Birde Dawh Patrol Dawn Patrol ” News

Citv_Todav Air Kitchen

” ”» ”

__ News ~~ Ereddic Miller Rh RB

Jihm anch Melodies __ Miss J Julia

: Eity RY a Myr Jn arge . Hillto | Stepmotheg

Scintillators Brenda Curtis Big Sister - __ Life Stories

Joyce Jordan Girl Marries _ Farm Cirele

pwen'gaoa!as zaps guna as Te S358 88

www

Man Other Wif. Plain Bill Woman

David Harum Lorenzo Jones Widder Brown Road of Life

Singin’ Sam Dr. Malone Headlines Linda’s he

Sees hn Og

| {

10:00 10:15 10:30 10:4 45

m0 115

INDIANAPOLIS WIRE 1400 (NBC-MBS)

Editor’s Daughter I Married e

mn White

CINCINNATI (NBC-MBS) Mornin board

Time to Shine - Unannounced ”

_ INDIANAPOLIS | WIBC 1050

Prayer and Praise Sleepy Hollow

Breakfast Jam ‘Today's Musto

Coffee Cup Ca arav. van Blues Chasers lia Blake Fashion Footlishts Beautitul Life - vo

oosier Ti its of T 1 harm House Dr. Swing

Friendly, House

Safety ror. Castletime

ee I_Married Diher Wife Bill Maa Julia Linda's Love Unannounced Tina & Tim ' Road of Life - Food ogra

; Kditor's Daughter Little

mmy School for, Brides Sh Speaks Boy and Girl Farm H Hou

Farm Bureau

Far Nous Maress.” Kitty Keene Revue

"Weather Vo oe. to Exper.

Home Folks wo. u, . “Unannounced Bill Jones

Revelers Vaughn de Leath. :

Boh Susan : emian E. Light's Or, Chicagoans

Thea

Valiant Lady Betty Crocker

Mary arin

Betty and Bob imm’s Daughter

Fehne ner “Nom

Matine ett d Bob Harlin ®Bros. [4 mms Daughter B ant Ladv : pol Crocker

- Mary farlin Soper Young HR why)

; ianorama ropic Moods Concert | Hour

i Ri Maxwell

— a d

toast

i or Forum:

ic an Midstream Girl

ackstage Wife | Dallas Sade

Bhythmakers

_ Backstage ret n ussell all H] ld 1 Rerfrains

tella ic and Sade

Midstream « Keene

and mon :

Pines Wiront weight 25¢ lower; Sehwitzer-Cu So Bend Lath Swift & Co J 8 Steel Walgreen Co . : Comwith 3s 988 "

Neoyy breed hens, 12c; paoinom hens, 10c; Barred and White springers, | 2 2%, lbs. and over, llc; colored springers, 112 lbs. and up, 10c; Leghorn broilers, 3 lbs. and over, 9¢; old roosters, 7c. No. 1 strictly fresh country run Ls 8B s 16c; each full case must weigh Ss. oss; a net deduction of 15¢ 5 each A case under 55 lbs. will be made. Butter—No. 1, 30% 2@31c;

Snails

Dick Reed Dessa Byrd

Music of Today Kitty ollywood Unannounced xpress ‘Jack Armstrong erenade Unannounc

~ KEY NETWORK STATIONS (Subject to change): CBS—WABC, 860; WIR, 750; WHAS, 820; KMOX, 1090; WBBM, 70. MUTUAL—-WOR, 710; WHE, 1320; WHKC, 640; CKLW, 1080; wWsM, 850. NBC-BLUE—-WJZ, 760; WOWO, 1160; WLS-WENR, 870; KWK, 1350

34Y2

24% 481%

34 18% 44 21%

heifers steady to weak; cows, steady: bulls, 19@18c lower; vealers, weak. mostly $11 down; verv few, $11.50; best light ted steers early. $10.75; several ioads held ‘at 11 and above. however, few loads sold at £[email protected]: buik fat cattle unsold; —Hog | cows, $4.50@5; canners, 4, “36.75 beef cows, [email protected]; very - little above

2 34% 2

24%, 481, 33% :18%

WN Warner or ; N Pa El of. Igithew A Woll Vest. Shion x A

S830 a0- 260 Ibs ‘230 ibs., 15 Std

260-23 $6 50; 280-300 lbs, $6. 8. 00-325 Ibs., 8. 55; 140-160 5 Ths. ., $6.45; 100-120 Ibs., $5.9 Roughs, $5.75; stags, $4. 75.. Calves, $11. 5%: Lambs, $9 LA (U. EB)

iy oni er 60. 200" 1 @e.95: Ths. | 86.9507 Jd as

o Vest Air Ble . 34% esting. El 117% heel Stl prpf 71 Vhite Mot Voodward iron 2934 voolworth ... 88%

At AAA AA

20%2 130% 120%

a sausage bulls,

See ai oe abe BANKERS | SELEGT 8. T. SHUTZ

Times Special * + PETROIT, Oct. Shitz of Kansas City was elected 1939-40 president of the Mortgage Bankers Association of “America here this morning at the business meeting of the organization's 26th annual convention, succeeding S. M. Waters ‘of finnespolls. Dean ill of Buffalo, N ice president. ~ - + Mr. Shutz is executive vice president and director of Herbert V.

ones & Co. of Kansas City. He is d . vice president of and ‘director

8 director ‘Hotel President, ‘Inc. |af Crown Drug Co., the Kansas City Chamber of Commerce and the Santa Fe Sayings and Loan Assoflauen. 8

CU. 8. STATEMENT

* WASHINGTON. Oct. 5 (U. P.),.—Government expenses and rece 2) for the current fiscal year through Sy Sompared with a year .

Las 0! 35a £80. 1304, 526.

1 953.1 2 086.

d Re is ‘395. 3 #: 3% 36 toms .. 5,062:71 83,142,

FOREIGN EXCHANGE |

YO! ot. 5 (U. P.).—Followg are FE ea rates on major curies: Cabl et

ed orway (krone) .. nmark irons) pan (yen) .

i FOOD PRICES

3 CHICAGO, Oct. § (U, P.).—App Michigan Jonathans, bu:, 85wsse, toes—Tennessee, bu., [email protected], alifornia, crates, [email protected]. ch—Michigan, bu., har Sc. fichigan, 12-at. baskets 40@50:., C ower—Colorado, crates, '[email protected]. ery Michigan, square crates, oer oot. 4 bu. ie ne 2.25.

Fe FHL i

T7¢; subject AL other eorn, new No.

kx pelieniond ae ln : PIPELINE TO BE LAID

$ NEW*ORLEANS, Oct. 5 (U. P).

‘vellow 45c. 1Oats 25c,

~The United ‘Gas Co. was reported | Kok dy today to lay an 18-inch gas on to industrial centers along the

pst bank of the Mississippi River.

5.—Byron T :

- was lected

les— Sweet SpinTomatoes—

American Loan _ fnguunspols grain elevators are paying b to market |C grades on their merits. Cash

28 331

H } Marine Mid ... 5% 5%

Vell Yode S Sheet Jos Stl Dr.

325

Today's Trade N ‘Notes

CHICAGO, Oct. 5 (U. P.).—The petroleum industry’s use of animal and vegetable, fats and. oils to improve the lubricating quality of its “oils and greases is expanding

000,000 annually, according to Dr. B. H. Lincoln, chief ghemiss of the Continental Oil, Co.:

93,800 Phones’ Installed

NEW YORK, Oct. 5 (U. P). — The American Telephone '’& Telegraph. Co. today-announced a gain of 93,800 telephones in service in its principal telephone subsidiaries intchided in the Bell System during

‘September compared with a gain of 83,500 in September, 1938.

gt Coal Prices Raised PHILADELPHIA, Oct: 5 (U. P)—

Major. ; coal producers today had

LOCAL ISSUES

The following quota ons by & Share : orp. | fot repre-

apolis Bond sent actual oi offer ° bit. aver indicate the approximate: En ket lev based on buying and sellin & quotations of

recent transac

ons, Stocks

Belt RR & Cent Ind Pow 7% pfd Ft. o com %:..

Progress Laundry Co com. .... 1 Pu" Serv Co of Ind 6% »fd .. Pub Serv Co of Ind 7% pid.... So Ind G&EA 4.83% pfd m

. | Union aue Co co!

Terre Haut . -+Van Camp. Milk ‘Co com. ‘ “| Van Camp ‘Milk Co pid cocoon

- Bonds Wnedican Loan’ oo Eieresr oli

Home T&T Ft, d Asso Tel 415% 65... Ind Tel 5% 60 ¥ ak Ine TA 67....:60 r

Morris 5&1 Muncie Water igre: 0 "10! Nati Silk Hosiery Mills 5s a 97 Ohio. Tel Co HL&P 6%2% 47 «.1

See Final Edition of the Times Closing Stock Quotations

00 Lia vera ae vrs eid ub. Tel 41%

> 55 1 ichmond “Water Wks 3%, od, "10 103% Haute Water Wks 5 T Haute Water Wks Aa ) 303 Tract Term Cor *x+dividend.

yearly and has now reached $22,- |

a the Jndian- ;

|| counts

advanced their anthracite prices at the. mines by'35 to 60 cents a ton on domestic sizes and 25 cents a ton on rice coal. x The advance brings larger domestic sizes slightly above the spring “price level effected: last April,

Daily 0il Output Dips

NEW YORK, Oct. 5° (U. P.). —

- | Daily ‘average gross crude oil. pro-

duction in the week ended Sept. 30 declined almost 23,000 barrels, while - gasoline stocks increased 148,000 barrels, the American Petroleum Institute reported today. = Crude production in the latest week amounted to 3,658,200 barrels daily, a decline of 22,850 barrels from the preceding week’s average, but in excess of the Bureau of Mines calculated daily requirements for September of 3,510,700 barrels.

~ | Cotton Traders Hopeful

Traders believe a long European war will tend to increase domestic cotton consumption, while reducing European usage. Lowered im- ‘| ports of cotton textiles and other

largely responsible for increased domestic use of cotton.

"|Corporate Change Planned

NEW YORK, Oct. § (U. P).—A plan for corporate readjustment of Loft, Inc.,, has been submitted to stockholders for consideration at a

2 | special meeting on Oct. 24, James

Ww. Carkner, president, announced today. The plan, which ‘has: as its principal objective the segregation of the Loft candy business from

Pepsi-Cola Co. stock, revealed that

0 the soft drink company’s -net in-

come for the seven months ended July 31 was $2,609,062, after deducting special expenses of $355,166.

was $3,176,219.

{ Colonial Thrifty Savings Acare Insured by Gove ernment Agcy. up to $5,000. Colonial *"iS.fiea™ -- Association 14 EEDERAL SAVINGS & LOAN

25 South wn lacie 81 ORATION. -

OUTFITTERS TO

‘and Other Late News

MEN, WOMEN and 4 CHHOREN

NEW YORK, Oct. 5 (U. P.).—

fiber products is expected to be}

its holdings of 205,437 shares of

Net income for the full year 1938 ET

pn Butterfat—No. 1 23c; 21c.

(Prices quoted by W e Co.)

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