Indianapolis Times, Indianapolis, Marion County, 9 October 1939 — Page 11

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~ STOCKS RALLY ON VIEW PEACE T0 BE REJECTED 2

Net Gains Range to $1.25; Wheat Drops a Cent in Chicago Trading.

By UNITED PRESS Belief that the Allies will reject |, Adolf Hitler's peace bid brought a smart rally into the stock market today. Trading expandéd on the recovery. .Cheering business news, including & new high since May 24, 1937, in steel operations at 88.6 per cent, aided the upturn. Bethlehem spurted / about $2 from its early low to $1.25 net gain at $89.25, while U. S. Steel replaced an early loss of around $1 with an equal gain. "Chrysler ran up almost $2 and other motor and allied shares had

fractional gains. Aircraft, copper, merchandising, utility and rail shares were firm.

Expect Peace Rejection

Buying followed a statement by|g Prime Minister Chamberlain in the Commons that the war purposes of the Allies had been more than once stated. That was interpreted in market quarters as an indication Sa the Allies will reject any German peace bid based upon the conquest of Poland and Czechoslovakia. Stocks moved slightly higher in quiet dealings on the Chicago Stock Exchange. Weakness in sugar futures featured a quiet irregular movement in. major Around mid-session prices on world futures were off as much as 15 points. Domestic contracts sagged some 9 to 12 points. .

Wheat Prices Decline

Wheat broke around a cent on the Chicago Board of Trade on reports of rains in the droughtstricken southwestern winter wheat belt. At the end of the first hour wheat was off % toa cent, corn was %-% cent higher, and oats were unchanged to % cent lower. Early selling of wheat uncovered stop-loss orders, but scattered buying and docal short coverings developed at the bottom of the dip. A . Government crop forecast slightly below general expectations brought a moderate advance into cotton futures. .U. S. Government issues advanced briskly but other sections of the bond market held within a narrowly

irregular range. The Federal list(H Baye

moved as much as 18-2 point higher in moderate trading. The London Stock Exchange de-

veloped a firm undertone in quiet Inter R T

trading.

American shares were firm, prices int failing to follow the decline in the|Int P&P

New York market on Saturday.

Chicago S tocks

Last 173% 10% 1 92 Vs 1 Va

% | the corresponding 1938 week and % for the four weeks ended Sept. 30 1

Crh Stocks

High

S.181 . 32% - 13% eljancs My . 1% ] gl Gay rw gs Blue 1% DE Eero.

Net Low Last Change 4 4 , 130% 130% 5s 32% 15% 1% 9-16 1% TY 3%

ar Sup B \m Fo & x 5

411

EH LL EL Dir

in approxi based on ERs and selling quotations of recent transact.

Auto Inves B elt RR Belt RR & Stk Cent Ind Pow Home. ER Ww ne Hydro 2 “1% fd: . 189 & ten Eiec 7% otd

7% fd Lincoln N Lite 18s Co com.. oN Ind Pub Serv 52% pid .... SN In b Serv 6% pid

b Serv 1% bid

Union Title Co ¢

re Hau vs Van ‘Camp Milk Co com hii Camp Milk Co pfd.......

Bonds

Kokomo Kater Ry ] r Packin 12% o.. fortis 5&10 ng Go 4 5% 56.. Natl st Silk ONY Mills 58 42.. L irene &i HL&P an 47

rm TEx-Dividend.

See Final Edition of the Times ei Alor | Closing Stock Quotations

DEERE EERE EERE EERE EE ERE a 4 »

commodity markets. |2

%|Linen Prices Up

2 | raised prices for its “red label” brand

®|since outbreak of the European war, ? | bringing the cumulative rise to 16.6

4 Bond Values Down

i market valuation of all bonds listed “lon the New York Stock Exchange

“leach listed issue suffered a decline

41310 gross tons, compared with 3,763,

£1 RAIN DUE IN CAPITAL

00 0 ‘| Dr. Charles G. Abbot of the Smith{sonian Instiuttion, who made a

|| institution, that the six-day, {| hour period is approximately the

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\m Car & ; Fay. Chain&0C

Aviation Corp ©

Cent Foundry . Cent Viol Sug.. Cerro de Pasco. 41 Chrysle Colgate . Col & So 2 BY. Colum Gas ... Com Solvents .. Comwlth & So. Cons Cop Mns. Cons Edison ves

+H Eee

. 23% ee 1 o 23% iets

Du Du Pont pf. isu 5% —E— East Alr Lines. 18% t R Mill ... 7 ee 37% . 11%

2% Fajardo Sug ... 3 Fed Wat 5 A Flintkote

18% 7

37% 11% 2%

t+ +

Galir Rob, 34-. Gen .

Gen Gen Gen Gen Gen Food Ge! G en

HE] HD

QAQQ & 0 8s

SELLE]

QO0N0QQ0000 o ®

Pat Corp. pf..

1% fi

. 28% - 15%

Hupp Motor . :

Ill Cent pf

. 28 7 Inspiratn Cop

Int T&T eeceee 5

39% 15% alge

2 5% 48 43} 15 He Loft, Inc 17% 17 Lone Star Cem. 43% 43% —M—

393%

Kennecott > 15%

Keystone Stl ..

Leh V Coal.. Leh y Coal ot.. O-F LL

i Week 820 coco.

4 | Na in Nat Oistillers’ ae

5 some Joe Sliver, Fs Farm Eq A%

S ro erior oil - ve

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"N.Y. STOCKS _

Be yates Press

DOW-JONES ‘STOCK AVERAGES 80 INDUSTRIALS Saturday ..ccocceoeeee —101 -1.13 +4.21 | -=0.20

151.41 Month 20 «ccovcecesressse 155.12 Year ag0 ...ccccveeese vers. 149.55 h, 1939, 155.92; low, 121.44, High, 1938, 158.41; low, 98.95. © 20 RAILS

cosanae ves

Saturday .. Week ago .. Month ago . Year ago High, 1939. 35.90; low, 24.14. Higk, 1938, 33.98; low, 19.00. 15 VHMES Saturday ..... . i's Week ago ... Montk ago .. Year ago High, 1989, 27.10% Tow, 20.71. High, 1938, 25.19; low, 15.14.

Low

si 137; © 32Y 53% —N— 155 18 23% 3% . 20

: B55

is 333% 97 8%

Nat Gypsum .. Nat Pwr & Net, ‘Tea

No No Am

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21 Ol

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14 Owens Ili Glass tau 62%

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Press Stl Car . 14% Procter & G . 6 Public Serv .... Pullman ...... Purity Bak ....

Radio Ry Rec. 40 C.. Rem- 113; Republic Stl... Repub Stl pf A 7 Revere Cop .. Reyn Spring ... 8

PLLI+L

Wy 7 Tah 2; Sie 1

oY +8 «oo 14Y, vor 9 vee 14% . 18 13% RY . 2M

FHL +: +

£ £ § § S

® PI LHL

wift & Ci ; wift hl J

Texas Cor,

Timk D Ax ... 20th Cent Fox. 14%

Union B&P .. United Corp .. United Corp. of. 36 United ‘ United Pratt .

Vanadium . Tg 35 Va Car 6 pf.. 812 28% —_—We 4% 4% Pa El A..100 100 b Union ... 31Y, 31% 115% 32

Vesting El ....115% heel Steet . 11%

32 Thite 11% 3% 139% ee Wie

rillys Overld of 3% eies 39% 13%

er Bros ..

Yellow Tr Y,

33 33 y Macy Fhe 3% 3% i

WASHINGTON, Oct. 9 (U. P.).— Department store sales in the week ended Sept. 30 rose 14 per cent above

gained 6 per cent over the year ago period, the Federal Reserve Board announced today. Sales in the week ended Sept. 23 were 3 per cent ahead of the corresponding 1938 period.

NEW YORK, Oct. 9 (U. P)— Pepperell Manufacturing Co. today

of sheets and pillow cases by 3.7 per cent. It was the fourth increase

per cent. NEW YORK, Oct. 9 (U. P.).—The

fell more than $866,000,000 in Septemper, while the average price of

of $2.09, according to an exchange compilation issued ‘today.

Steel Output Gains NEW YORK, Oct. 9 (U. B).— Steel ingot production in September reached a new two-year high and topped the 1938 month by 60 per cent, the American Iron & Steel In-

stitute reported today. September production was 4,231,-

418 tons in August and 2,647,507 in the year-ago mouth. In September, 1937, production totaled . 4,289,507 gross tons. September was the

ONGE IN SIX DAYS

WASHINGTON, Oct. 9 (U.P.)—

scientific study of Washington precipitation covering a 15-year period, found that it rained here regularly every six days and 18 hours. Successions of rainy week-ends have proved an anathema to the capitals’ sportsmen and have been so persistent of late that Dr. Abbot decided to make the study. His study disclosed, he told Ye

same as the ofie-quarter of the

its axis.

CHICAGO LIVESTOCK Hogs—Receipts, 12,000; market slow; few early bids steady to 10 cents lower than’ Friday's average; bulk good and choice 200-240

period of the sun’s rotation upon}

pounds, [email protected]. 2 Ca 15,000; -

ttle—Receipts, calves,

and Other Late News.

+ 31% —

2 1

Young Sheet .

Voolworth 5012 Young Stl Dr... 31%

TRADE NOTES OF THE DAY

fourth consecutive month this year to register a gain over the preceding month.

Oil Company Expands PONCA CITY, Okla. Oct. 9 (U. P.).—Dan Moran, president of Continental Oil Co., announcde today that his company will spend $1,500,000 on a building program to improve quality and increase the gas-

oline manufacturing capacity of ts refinery here. Construction will get under way about Nov. 1 and should be completed by next June, he said.

BUSINESS AT A GLANCE

By UNITED PRESS

1b Bond Stores, Inc. September sales

$2,666,826 vs. $1,782,607 year ago, up 49.6 per cent; 9 months sales $15,084,793 vs. $12,677,054 year ago, up 19 per

30 net asset value $31.48 vs. $27.92 June 30 and $30.30 year ago.

Interstate Department Stores, Inc. September sales $2,074,033 vs. $1,940,496 year ago, up 69 per cent; 8 months | sales $14,668,521 vs. $14,031,951 National Investors Corp. September 30 net assets value $5.81 a share vs. $5.31 June 30 and $5.70 year ago. Outlet Co. 6 months ended July 31 net profit $201,269 equal to $1.82|p, a common share vs. $107,279 or 86 cents year ago. Railway & Light Securities Co. September 30 net asset value $19.64 a common share vs. $16.58 June 30 and $15.45 year ago. United Merchants & Manufacturers, Inc.

| Germany’s oil supplies are

cent. eo Capital Corp. September |:

ear ago, up 4% per cent. gr

11 months ended June!

NATION SUPPLY | LOW, ENGINEERS

1 Shortage May ‘Be Disastrous:

If Blockade Is Enforced, | Conference Hears.

GALVESTON, Oct. 9 (U. P.).— sufficient for only a few months of “active warfare” and that shortage may prove disastrous for the Reich if the Allied powers enforce their blockade, according to ‘a -comprehensive survey conducted by Cities Service Engineers V. R. Garflas and J. W. Ristori. Reporting the findings of : their study to a meeting of the American

lurgical Engineers here last night, the Cities Service experts declared that the Reich can expect little aid from her Allies. . If Russja ceases to be “friendly” to Germany,- they asserted, the results to the latter would be “catastrophic”: since the . Soviet is now in a position to prevent the ‘Reich from * gaining access the. Rumanian oil fields. ‘The engineers. contended that even with peak production in 1940 Germany. ~ will require 65,000,000 barrels of petroleum .and synthetic ‘oil products from abroad. They emphasized that in 1938-39 ' the Reich obtained 80 per cent of its oil imports from North and ‘South

»| America, two sources that will be

closed by the British and French naval blockade.

“HOGS 10 TO 15

CENTS HIGHER

: Top Price Rises to $7.35;

Vealers Are Lower; Sheep Up 25 Cents.

The hog market opened a hew week at the Indianapolis Union Stockyards today with a 10 to 15cent rise in all weights. The top price; quoted on 220 to

3; | 240-pounders, advanced to $7.35, ac-

cording to the Agricultural Marketing Service. Fifty cents was trimmed from vealer prices and the top price de-

s (clined to $10.50. The fat lamb mar-

ket was steady to 25 cents higher with the extreme top price at $9.50.

"|CHICAGO LIVESTOCK

Hogs—Reseipts, SOWS

12,000; light hogs and enerally steady to i cents lower iday’s average; top 15 cents of medium weights and butche op, $7.25; Siietly 2 notce 200.215 ifs. ely [email protected]; 270-330 1bs., 7.2! trictly good and choice 180-200 jk $6. 9% L3vE $6.35

on. 10; ‘most 270-330 1b. peek 6.60; 3 $5.7 1000: : talrly tives §| lig

1bs., (bulk htly sor i range lambs, Ss groung best 33. 65 and Sat ble months shorn fed lambs, $9.15; Texas wethers, $7.50@8; bulk fat ewes, $3.75 downward; few good feeding lambs, $8. 75, best not so Cattle— Receipts, 15, 000; calves, 1500; very little done on fed steers with weight; yearlings steady; ehoico light’ earings in very meager supplies; Strict ly choice heifer} yearlings up to $11; weight an weighty steers steady | med 5 cents lower; 1edium to good kinds showing most de ine; strictly choice long yearling steers d $11; most early “sales fed steers, $9.25 @10.25; western grass run mainly stock calves and yearlings selling steady to 25 cents ‘lower; good to choice yearling stockers, $8@10; Somparable stock calves, [email protected]; selects, $11 and better: stockers and feeders bringing, [email protected]; cows comparatively scarce, fullv steady; cutters up to $5 and better; bulls strong Io 15. cents higher, weighty sausage offer{gs ur up re $7.25; veal scarce and firm,

OTHER Te

CINCINNATI, Oct. 9 (U RP salable, 3000: $7.35; 300-250 lbs., $6. @86. 40; Be ood Si Cattle—Recein s, salable, Calves—Receipts, = salable, 500; a loads near 875 ibs. good mixed yearlings, $10.25; load 713-lb. heifers, bulk common and medium light yearlings and heifers, $61. 5; load good corn-on-grass weighty steers, '$9.50; bulk Sausage ulls, [email protected]; ractical top, $6.7 vealers, steady: top. $11.50; good Bd choice, $10.50 @11. Be Sheep—Receipts, salable, 90: total, good trucked-in lambs, [email protected] one ot 90} Ihe 80-1b. ewes and wethers, 3 , 50; slaughter £2, mainly $2 23. NE, —Hogs,

oF Oct. 9 (U. P.). 15¢ higher; 530-240 Ibs. IL 15; 200-220 Ibs. + 05; 180-200 1bs., $7; -180 Ibs., $6.95;

go 5 500) 000; total, oss.

$6. 50; hs, 8. 5; stags, 4.73: calves, $11; Tatabe,

LATAY. ind, Oct. 9 (U. P.).— Market, 10c higher, '160-200 1bs., $6. 90@ 7; 200-280" 1bs., [email protected]; 280-325 1bs., $6.80@ $6.90; pigs, $6.50 down; Toughs, Je. 25 down; calves, $9.50@10; lambs, $9 down

U. S. STATEMENT

WASHINGTON. g Ot. 9 (U. P.).—Gov ernment expense! ‘and receipts for the current ‘fiscal ar through Oct. 4 compared -with a year ago:

Last $2, 338 Sor, LOT 81 1,591,585.579. 32 08,801,407 99 16 792.358.747.99 oad 85. 2, 907. dod, 304; 73

Bal. 1,409.8 0.73 2,3 572. b, Debt. .40,859; 857. 80s. 79 38.438, 463; 735.65 Gold - Res. .16, 9ge.33e. 560.86 13,813647.114.59 0,532.70 86,300,939.15

INDIANAPOLIS CLEARING HOUSE

Cleatings $2,886,000 6,849,000

FOREIGN EXCHANGE

NEW YORE, Oct. 9 (U. P.).—Pollowing are noon cable rates on major currencies:

Customs ..

England {: Canada ' (

ind)

30 consolidated net profit $1,466,196 5s iy Gin

equal to $244 a share vs, net loss $951,724 in 12 months ended July

31, 1938. Company has’ changed 2)

fiscal year to end June 30. Wilson-Jones Co. Fiscal year ended Aug. 31 net profit $95,659 equal to 35 cents a share vs. $32,552 or 11 cents previous year.

GENERAL MOTORS SHOW" OPENS OCT. 14

NEW YORK, Oct. 9 (U. P)— General Motors Corp. announced

today that the first public showing| of its 1940 model cars will open at}

the Hotel Waldorf-Astoria here at noon, on Saturday. ‘In addition to 39 new automobile models, ‘the corporation will: present exhibts by Fisher Body, Frigidaire, Delco Appliance, Ternstedt, Diesel Engine and other General Motors divisions. he?

WAGON WHEAT

oragiananolis 1s Fron elevator ate ro 0. + 6c, sub BL otier grades on ADjoet merits: corn, new No. 3 yellow, 45¢c., Oats

OUTFITTERS TO + WOMEN and CHILDREN

Tinastor

~ THE MODERN CREDIT STORE

FOOD PRICES

MEAG oratine. ba.. gape Pies oes—Tenness ee, bu. 2000 1.

Institute of Mining and Metal-|

300; at 58.6 per ce:

g increases in a $125,000,000 equipment-buying

| business leaders that “as railroads go so goes the nation’s industries.” ~The railroads, facing airplane and truck competition, long have been the problem child of big business. The buying program ended a downhold ‘which the roads have followed, except for advances in the stream{ining field, during 10 years of depressions and: recessions, During the past six weeks orders for new freight cars, locomotives and rail to meet the railroads’ in-}-creased business have aided the steel, coal, coke and ore mining industries and inland water shipping.

Orders Total 000,000

Roads placed orders totaling 80 million dollars with equipment manufacturers and company shops during September. In the first week in October Santa Fe announced a 21 million dollar improvement program. and : other companies announced smaller orders, totaling

Basis for increased revenues was shown in reports of car loadings and passenger fraffic. Car loadings in September had jumped 18.5 per cent over the same month in 1938, after a steady monthly gain. Net operating income for Class ‘1 railroads for the first eight months of this year was $114,310,810 over the same period last year. The Association of American Railroads estimated that .60,000 new freight cars would ‘be on the tracks or under order by Jan. 1. Orders were placed. for 24,231 box, hopper, gondola and flat cars last month— more. than double the number purchased during the previous eight months. New Engines to Roll

Scores of additional streamline locomtives for transcontinental passenger service and sturdy freight locomotives will be rolling within the: next six months. Fifty-two were -ordered in September. Last week the Rock Island Road secured court authorization for purchase of 20 Diesel-powered switchers, and the Chicago and Northwestern, the Union . Pacific and the Southern Pacific roads joined forces to purchase two $1,500,000 13-car streamliners. J Financing was being done with a portion of the new revenues and sale of 10-year equipment trust notes. Rail orders, the survey showed, were four times as heavy as in 1938, with 188,854 tons of new rail booked in September. Rail fastenings and steel orders from locomotive and car shops also helped to fill the steel mills’ order books. The Santa Fe’s $21,000,000 program was the largest so far announced. It included 2800 new freight cars, 2500 rebuilt cars, ‘and |§ purchase of 91 ,000 tons of steel rails and fastenings. The Pennsylvania has a $17,000,000 program, New York

to ‘several million dollars.

Central $8,000,000. The Milwaukee

3! road is building approximately 2000

freight cars in its own shops - at Milwaukee.

WEEK'S STEEL RTE

TO RISE 1.3 PER GENT

NEW YORK, Oct. 9 (U. P).—

i | Steel mills of the United States will

operate at 88.6 per cent of capacity this week, a new peak since May 24, 1937, and 1.1 points or‘1.3 per cent over last week, the American Iron & Steel Institute reported today. This week’s gain, the fifth in sucp: | cession, prought the rate up 30 % | points or 51.1 per cent since the Sept. 4 week Rhen operations were nt. The advance from

that 'mark has been one of the sharpest in history.

NEW INVESTMENTS SCHEDULED DROP:

NEW YORK, Oct. 9 (U. P)— New state and municipal financing

| scheduled for this week amounts to

only $5,408,178, compared with $15,136,449 last week, the Daily Bond Buyer said today. The weekly average of new offerings for the year to date is now $24,395,131. Although ‘public offerings rose to the best level last week since late in August, investment bankers hol little hope of any real immedia: break in the present stalemate in

02 the new capital market.

There has not yet been sufficient recovery from the unsettlement

abroad for underwriters to: risk testing the market with any large offerings, investment mies assert.

NAIL PRICES RAISED : PITTSBURGH, Oct. 9 (U. P).— The price of wire nails was, advanced $3 a ton today by most of the makers, the new price being $2.55 per keg f keg for standard nails.

OXYGEN THERAPY This equipment can be rented at HAAG'S ALL-NIGHT “DRUG STORE 22nd and Meridian

—Ci lifornia Sates neton —Mich!

Ci gn Jia crates, $1. oR

50. ' — Michigan, are c al 40@"0c. BD Conan, ng [email protected]. ion et (50-1b.. sacks)—Idaho Sweet i an Bet Sanh The: in exoia en + ine 2 S0c; ‘Tllinols Yelows, 45@ sota Fellows,

_ INTEREST RATE cuT Times Special WASHINGTON, Oct. 9.—Secretary of Agriculture Wallace announced today that effective Nov. 1 the interest rate to farmers on all Commodit, Corp. loans will be reduced from 4 per cen to 3 per sent per annum. {

_ CLARINET “Instruction indiana Music Co.

115 E. Ohio St. LI-4088

Per - Lesson

sx Exacting . . « «+ ‘WATCH REPAIRING At LOWEST PRICES "STANLEY JEWELRY CO.

z | 1s W. Wash.. Lincoln Hotel Bldg

\ he on Et verything!

Boos ts S teel

SHOW IN SURVEY... SS CHICAGO, Oct. 9 (U. P.).—The railroad program that has boosted the steel| {and associated industries into the front ranks of the Tecovery parade, |g a United Press survey showed today. PE Reports from the country’s major roads affirmed the belief of some | res

Central $10,000,000 and the Illinois |g.

caused by the outbreak of war]:

revenues, has launched

MARKET OPENS | ON WEDNESDAY

A. &P. Store Is Completely Modern; Free Parking "Area Provided.

A new super-market will be opened Wednesday by the Great Atlantic & Pacific Tea Co. at 3315 N. Illinois St., it was Sungunced today. The store. be completely ‘modern throughout, with a frontage of over 70 feet and approximately 10,000 square feet of floor space, according to John A. Lingren Jr., vice president. A free parking lot for customers will be on the north side of the store. The store will be a “help-yourself” type of market with carts for customers. - It will be open until j—== 9:30. o’clock each evening.

“Purchase of merchandise in car-|

loads and large lots directly from producers will eliminate the necessity of handling several times and will make for an economy of operation which will be passed on to customers,” Mr. Lindgren said. He said low prices will be in effect throughout ‘the week, rather than featured in special sales at the new market.

LOCAL BUSINESS

The fall convention of the Indiana}

Independent Petroleum Association will be held Wednesday at the Hotel Severin, it was announced today. Following a luncheon on the Severin Roof, a quiz session will be held with Russell 8S. Williams as “interlocutor.” Marketers, refiners and publishers will answer questions from delegates on all phases of the petroleum industry. Discussion of each question has been limited to five minutes. In the afternoon a closed business session’ will be held and new ‘officers will be elected.

The session is to close with al banquet at 6:30 p. m., followed by a|.%:

program of entertainment,

INCORPORATIONS

The Penker ~ Construtcion Co., Ohio ration, admitted to Indiana to engage uilding construction. Indiana Produc V Bank Bldg., Inddiana agent, ‘William A. Boyce 6 Odd Fellow dianapolis; troleum business; orge W. Royce, ce Jr. Jack Lord Hats. Inc., “Ne ew York corporation, change’ x agent to to Darney Laurie, 832 Calhoun Citizens Housing Co., New Castle, preliminary dissolution. Grays Harbor Chair Co., Inc.,” Illincis corporation, amendmeri changing name to Lee Furpivise- Mia

Pr okomio Neureation: Inc,, Kokomo, dis-

Lu 3602 Kenwood St. Indian

L.-A-W Corp apolis; agent. Nelle Barth, same address; shares no par value; real estate; Doris Giles pla Mary Louise Jessup, Saide Heienre!

FREIGHT DAMAGE DIPS 21.5 PER CENT IN ’39

Times Special WASHINGTON, Oct. 9.—Claims paid by railroads of the United States and Canada as a result of loss and damage to freight shipments were 21.5 per cent less in the first half of 1939 than they were in the same period of 1938 and 22.2 per cent below the same period of 1937, the Freight Claim Division of the

Association of American Railroads |

| announced today. The amount paid as a. result of such claims in the first six months of 1939 totaled $9,185,333, a reduction of $2,512,944 compared with the first half of 1938 and $2,611,062 compared with the first half of 1937. i]

DAILY PRICE INDEX NEW YORK, Oct. 9 (U. P.).—Dun. & Bradstreet’s daily weighted price | index of 30 basic commodities, compiled for United Press (1930-32 average equals 100): Saturday ...c.ccoe0ooevscscene S. 11813 Week ago 0000000000000 000s 0 118.60 Month 880 c..ceceeevasscssss 118.50 BY ABO .ccccisocstscsssass . 103.35 39 high (Sept. 30). ...0c0c00 © 119.34

7:00—Andre Kostelanets, WFBM. ! ‘WIRE.

en-i

ak, po

series started today. It will dramaSze novels ‘of Kathleen Norris. Each {sc

{American

c., 312 Merchants I

ident will ‘be. ntrodh napoli lis by © ‘Charles P The

diagagoiis Ti tte Thairmn, The ln: S. Army Band will furnish music. ; Lop

A new 4 p.m. daily, CBS-WFBM

ae i

] will be submitted to her. . . . The new fall term of Columbia's School of the Air will be heard daily at 2:35 p. m, CBS-

CBS has distributed a NB

com hensive k to be followed by stucents sand ers alike while listening to the program. The series <1 Py be divided: into: daily subjects, each pertaining to a certain phase of education. Tomorrow the beginnings of American folk songs will be dramatized. . . . Kate Smith returned Friday to her new night spot and this week she begins

am ira rt

and Fridays at J0:05 a”

Bot pp

aw Sad

Juicn. Dragonette _ visita Alec. | Templeton,» blind pianist, at 8 o'clock tonight, -NBC-WIRE.

pe Ee up with Mr. Templeton’s - Santee.

- {The pianist will give his imp

-{of what would happen if Johann ‘| Sebastian Bach were to find himoq | self in a “jam” session

Kgl “ee Tommy ;| Riggs - and Betty. Lou institute a

-|policy tonight, 7, NBC-WIRE, of

presenting unknowns on their variety program. The first will be Betty Nord, a singer from’ St. Louis. Her number will be “The Lamp Is Low.” . . . Margaret Speaks, Alfred Wallenstein conducting the orchestra, will s e soprano atria “Suicidio,” from ‘Ponchielli’s “La Gioconda” at 7:30, NBC-WIRE . . . Josef Pasternack’s orchestra pays musical tribute to Norway at 9, C-WIRE. 2 8 8»

David Niven will co-star ‘with Irene Dunne on the Radio Theater at 8, CBS-WFBM. They will present Cecil B. DeMille’s dramatization of “The Sisters.” . . . Tony Martin will sing several songs from Jerome Kern's “Music in the Air” with Andre Kostelanetz’ Orchestra

her ‘noonday chats, 11 a. m., CBS- : 2 8 2 meq Th Inlantpe y

LIN REN Net)

athleen Norris far en ;

Gncte onatha

Bron {enbora

BES ape

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INDIANAPOLI WIRE 1400 (NBC-MBS) Girl Alone SNeills

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Chile's Or

pieacas Time

Ex aupin

Tommy Riggs

$58] Bess ness dems)

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Dr. L Q,

Radio Theater : Aleg, Templeton

WNP | stuteter | ARDD | FAT

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Sensations,

[Amos snd Andy

| News Paul_Suilivan {Fu Manchu

J Alexander’s Or, [H James’ Or.

Pageant " Winton tie Jack

Sebi Soce| 09

Recordings ” ”

Davis’ Or.

TUESDAY P

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INDIANAPOLIS WFBM 1230 (NBC Net.) : | Early Birds

(NBC-MBS) Dawn Patrol Markets ; ”

» -

Dawn Patrol i! ”» ” ”

. News

Fred Miller Rhythm Ranch

Miss Julia

Kitty Kell Myrt and Marge

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KEY NETWORK STATIONS (Subject to change): =3 MUTUAL—WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM, 850.

NBC-BLUE—WJZ, 760; WOWO, 1160; WLS-WENR 870;

WK, 1350.

NBC-RED—WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ 670.

CBS—WABC, 860; WJR, 750; WHAS, 820; KMOX, 1090;

CASH FARWINCOME AT $4,102,000,000

WASHINGTON, Oct. 9 (U. P.)— Cash income from the sale of farm

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products in .the first eight months this year totaled $4,102,000 ,000, compared with - $4,306,000,000 in the same period last year, the Agriculture Department reported today. ‘August cash income was $601,000,000 compared with $613,000,000 in August, 1938. Income for the mont was larger than a year ago in the South Central States, but lower in all others. Government benefit payments totaling $42,000,000 in August as against $15,000,000 in the same month last year brought total cash income -for the month to $643,000,-

1939 low (July 24)........... 101.40

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| @ Your Mutual Insurance Agent and me ‘Grain Dealers Mutual’ join with the fire-fighting : forces: ... officials. ... civic bodies... the members of this community | in the observance of FIRE PREVENTION WEEK. Fire destroys |

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