Indianapolis Times, Indianapolis, Marion County, 13 October 1939 — Page 25

FRIDAY, OCT. 13, 1939

STOCKS UNEVEN ON REPORTS OF NEW PEACE TRY

Grain ‘Prices Also Waver; U. S. Bonds Weaken; Cotton Slips.

By UNITED PRESS Rapid shifts in the European political scene confused Wall Street today and stock prices developed irregular tendencies after an early upsurge extending to $2. The initial upswing, led by war babies, reflected the “no peace” statement by Prime Minister Chamberlain yesterday. Shortly after the opening, however, reports from abroad indicated a possibility that one of the neutral countries might initiate a, peace conference and the stock list reacted. Domestic business news largely was favorable. Steel leaders: were down more than $1 from the early highs with Bethlehem showing a small gain and U. S. Steel a minor loss. Chrysler was down almost $1. Coppers and oils eased. Douglas Aircraft lost almost all on an early $2 gain to $78.75. Rails turned irregular and utilities were little changed. Chemical shares held part of an early rise ranging to more than a point. Wheat fluctuated nervously in a harrow range on the Chicago Board of Trade. At the end of the first hour wheat was off % to 3 cent, corn was off 14 to 3s cent, and oats were % to 3% cent lower. . Trading opened at slightly higher levels than- Wednesday's close, -but selling pressure sent the market lower. Trade became fairly evenly divided. European news continued to give |g an uncertain tone to the trading. U. S. Government and Foreign Bonds weakened on increasing tension on the European front, but domestic issues disregarded war developments and held about steady in quiet trading. Losses in tHe Federal list extended to 18-32 point. Cotton futures slipped back to around previous closing levels after early gains ranging to 7 points. Securities firmed in all directions on the London Stock Exchange in reflection of approval in financial quarters of Prime Minister Chamberlain’s reply to Hitler's peace bid.

Curb Stocks

h Low 13312

Alum Co Am --133%

CEG =o

0 a NS

NOR

an A Pruehauf Trail. Glen Alden Gulf Oil ...... Humble Oil .... 68 Imp O Can .... 13 Jones & Lau Sti iy <I ston Pro .. 2% ] gh Q C&N ... 3a Tock eed Air .. 287 Molybdenum ... 6% Nab Contr ....

03. »® wa

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Taggart Cp .. Technicolor .... 117% Wilson Jones .. 87%

Chicago Socks

igh Abbott Lab pf sadasise It

11% 18% -82 634 10%

Hh HE LL HR] +:

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1B . Allied = Inc Am Pub Serv pf Armour & Co

Hall Pring crsssessen Kellogg Sw Bd Kerlyn Oil A

[idl Ut 7 » A. t States Pwr pf ceees i Standard ....eeee. blitt Sparks e..eo....

oblitt o’west Banco. cecceceee

aytheon pf tan Dredging 1 trd Mch T

17 75% 2033 20%

DAILY PRICE INDEX NEW YORK, Oct. 13 (U. P.).— Dun & Bradstreet’'s daily weighted price index of 30 basic commodities, compiled for United Press (1930-32 average equals 100): Wednesday .......cee0000... 118.36 Week 880 ...ceeeoesvoacnonsss 118.87 Month 880 cecoeeccevreseess 117.51 Year ago ... 1939 High (Sept. 30) ....... 119.34 1939 low (July 24) .......... 101.40

U. S. STATEMENT

WASHINGTON. Oct. 13 (U. P.).—Government expenses and receipts for the current fiscal year through Oct. 11, compared with a year ago This Yea Last Expenses . .$2,730, 130. 713. 11 $2,507, a. 710. 70 teceipts .. 1, 70.157.961.68 1.635.410.07¢ sross Def. 1.159.972,75 k 43 "Def... 1, 150,522. 601.43 as. Bal . 2.027.629.623.18 Vork. Bal. 1,329,263,334.35 Pub. Debt. .40,905,503,855.52 Gold Res. .16,972,964,047.02 Customs .. + 99,798,832.17

INDIANAPOLIS CLEARING HOUSE Clearings $4,323,000 Debits 7,853,000

LOCAL PRODUCE

Heavy breed hens. 12c: Leghorn hens, 10c; Barred and White Rock pry 29, lbs. and over, llc: celored springers. 21; ibs. and up, 10c; Leghorn broilers, 2 lbs. and over, 9¢: old roosters, "7c. No. 1 Stractly fresh country rund 1 eggs. 16c; each full case’ must wéish gross (a net deduction of 15 onl s for each full case under 55 Ips. wi ill be made). He edi 0] 5c. Ri 4, Bie Tac. tterfat—No 0. 2, . hic Butte Quoted by Wadley C 0.) EMPLOYEES GET BONUS PITTSBURGH, Oct. 13 (U. P).— Westinghouse Electric & - Manufacturing Co. employes will be paid this month a 4 per cent wage bonus under the company’s plan of ad_justed compensation based on profits. The adjusted compensation last month was 6 per cent.

SW! . . 22 § ... cess 31% ; 31%s P ! 1

See Final Edition of the Times

Closing rock Quotations and Other Late News

2|D Lac & Douglas Air

1Ys | Grevhoun

2 | Interlake Ir ... 15%

cereeriasseensss 1056.32.

NYS

) soe foe High

Abbott Lab of..144 —3% a s %

esse

ska J os \legh Corp “os \1 nf $30ww \llezh Lud 4 . \llied em ... \lied Stores . Assn! ii meBan fe. ar & Fdy 38% Chain C2

TCR]

100 a DI bt bn NI D=OOD on

DI DOS

pt CF CHADD CI CA AD pb ii

woolen “bi. 381 is

- Orda

Atl Ref Aviation Horn: . ar

Ba ld Loco .ct..

Ba Barber Asphalt’ Barns pias all

Beth Steel 5 pf. 18 Black & Decker Boeing Air .... 27 Borden ve Borg Warner . Bow B . 31 Bagept “Brass . Bklyn-M T .o 1 Bruns-Balke Bucyrus-Erie Budd Mig . Bullard Bulova W Burroughs . Bush Term ... Byers, A M

bbb EERE EEE FERRE ERE HEE

t+]

Cal Packing ... Callahan Zinc . Calumet & . Can Pacic .... Case J J pf ..

Celan Cent Foundry © Century Rib ... Cent Viol Sug.. Cerro de Pasco.

I: +++]

City Stores .... Clark Eq Climax Moly Co Colgate-P-P . Col & Aik .... Colum Gas .... Com Credit -... Com Solvents .. Comwlth Edison Comwlth & So.. 1 Comwlth So pf. 68 Cong Nairn . 2 Cons Aircraft. . Cons Cop Mns. Cons Edi ss Cons Cons_ Oil 87s Con RR Cuba Ro 3 Cons Coal vtc.. Container Cont Can . Cont Can pt “ion

DE LER EEE EL

Crown Zeller .. Crucible St .

Curtiss Wr A.

242 25%

.. 8 8% . 12

242 25

8 1% 12

Deere & CO «... Del & Hud

Dresser Mfg’ Pont 181 180% Du Pont deb... 128% 128% —F— East Air Lines.. 207s Ko!

181 128Y 207s 5 TY

15%, ¢ a 1% 9 2%, 4072 12

11 23%

Flec Mote Ind. Elec Pwr & Lt.. Elk H Coal .... El Paso N Gas. Eng Pub S .... Evans Prod Ex-cell-o

2 Va

esos

Fair, .'The ..... Fajardo Sug .. Fed Wat 8 A .. First N Strs ... Flintkote ...... Food Mach .... Francisco Sug . Freept Sulphur.

Gair Robt .. Gair Robt pt.. . Gamewell Co .. Am Tr.. Baking ... Cable .... 1 Electric .. Foods

1 20% 19

co. 31 Le 321 . 129%, & . 167 Greyhnd_ 5'z pf 11% Guant Sug ... 3%

—H— Hall Print .... 163% Harb-Walk ... 31 3 Herc Pdr ..... Househd PF .... Hud Bay Hupp Motor ...

Ill Central an

JH Dr :

DEER

—

Inspiratn Cop’ . 164 Interchem . 40 Interchem of. 104 04 Intercon Rub .. 43; 3% 8

ttt

TRADE NEWS

BOSTON, Oct. 13 (U. P.).—Industrial activity continued at a good pace in New England in the past week, reflecting the heavy volume of business booked during the September buying rush, Dun & Bradstreet, Inc., said today. Buyers now, however, have reverted back to a hand-to-mouth

needs because of the uncertainty Trg outcome of the Euro“peace” proposals.

Steel Buying Rises BUFFALO, N. Y,, Oct. 13 (U. P.). —Buyying of ‘steel scrap in the Buffalo| district in the past few days has | been the heaviest since the ld War, with steel mills and metal working factories taking nearly 100,000 tons of the metal, it was| learned today.

Steel Prices Up

EW YORK, Oct. 13 (U. P).— Steel prices already have been advanced $3 to $5 a ton for first quarter delivery by several independent mills without awaiting aci by the leading producer and a general price rise announcement is expected this week-end or next, the Iron Age reported today.

LOCAL PRODUCE

Heavy breed hens. 12¢; Leghorn hens, 10c; arred and White Rock TS, 2% lbs. | and over, llc; Be springers, 2V 1bs., and 10c; Leghorn broilers, 2 1bs. and over, 9c; old rooste No. 1 strienly fresn country Te eges, : each full case must weig gross f(a net deduct] on of 5 Rs for each full case under 55 lbs. will be made). er—No. S0a30c; No. 2, G 28%,c. _ Butterfat—No. 23c; No. 2, 2c. ‘(Prices Quoted ww 'Wadiey Co.) a a eubicesapetieers

FOOD PRICES

CHICAGO, (U. —Apples— Michigan Jonathen®, bu., 65:G3900. Potatoes—Tennesse u Dee roc ifornia RES

i u., Michigan, 12-qt. baskets, Sower crates, 50c@ $1.1

2. 65. Whites, ie 2506

b? neler Michi: New Core Mark et 0@85¢;

= By United Press §

Net Last Change

/8| Year ago ..

38 Res 8 & F ..

*|Manati Sug RA

2 No Pacific

4|Penn RR

? | Safew

basis, ordering just for immediate;

TOCKS

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS

Wednesday ...cecceeoeese..151.34 Week 280 .....ocov000000.0.150.61 Month ag0 ...ccecoseeess..154.03 +0.32 tevessessaseses 15045 -1,01 High, 1939, 155.92; low, 121.44. } High, 1938, 158.44; low, 98.95. 20 RAILROADS

Wednesday coccceoccsscecss 33.95 Week a0 ...ceccescescccses 3415 Month 280 .iccevcesscssses 32.48 Year ago ...cceeseceeceeses 3L13 High, 1939, 35.90; low, 24.14. High, 1938, 33.98; low, 19.00.

15 UTILITIES

+-0.68 +0.13

Wednesday Week a0 ....co00cs00c00000 Month ago .....ee00000000.0 24.54 Year ago .....cccoceeeeees 28.50 ' High, 1939, 27.10; low, 20.71, High, 1938, 25.19; low, 15.14. 7

25.52 25.19

secesssssssssscse

Last Change store is a self-server. 3 a 651% ’ 10% 39%

Va Ya

A free parking lot for patrons is

‘HOGS 15 CENTS HIGHER TODAY

%“ Top Price Goes to $7.25; Vealers Up 50 Cents; Sheep Steady.

Intst D S..... Island Cr Coal. 2!

HEL HEH ps

Jarvis Co ...... Jewel Tea .... Johns-Man Jones & L 7 pf.

++] ks ©

ou .. Kennecott . Key Stl Kresge ss’. Kresge DS Kroger G&B ..

++: +++

478 26%

367% 294 5 Hog prices firmed 15 cents on all weights in trading today at the Indianapolis Union Stockyards, according to the Agricultural Marketing Service. * : The top price, quoted on 220 to 240-pounders advanced to $7.25. A few offerings sold at $7.30. Vealers were 50 cents higher and the top price was quoted at $12. Lambs were steady with good and choice offerings quoted mostly from $9.25 to $9.75, with choice at $10.

.. 51 . 91% i .e 36% Lou & Nash ...

$11

Mack Tr ve

Mead Corp es Mengel 1st of...

Oct. Top Repts.|Oct. - Top Repls, To... 500, 11 ....$ 7.10 1430 9 18 peu lo

7.30 8166

Packing Sows Good and Choice— ..$ 6.60- 6.75 6.50- 6.65 6.40- 6.60

Pl HH +

fission Corp .. [o-K Tex

7.10 19. 7.10 10,63%| 13 .... 0-K T mn —

10 ... Barrows, and Gilts

67a 0 . 54, . 14 16% 6% —N—

.65! 300- 330. . 3 330- 360..

| Good— 300 400.. 6. 00- 500.. 6. 6.35 2%: 500.. 6.15

Slaughter Pigs Medium ahd Good— | 250- 500.. 50- 6.25 6.25- 7.00] 90- 120.. 3 6.25

& Joes (Receipts, 309)

1 I++:

Motor Whl .... Murray

140.$ 60.

Nash-Kelv ..... 6% Nat Acme ..... 17 Nat Aviation ... 12% Nat Biscuit .... 23 Nat Cash Reg. i Nat Dairy .... Nat Distillers

Nat Lead 21% Nat Mal&Stl C. 32 Nat Sup Penn .. Newport Ind ... 1

pusssssm OO DIDI DNIDS Eagusayges

160 200. Slaughter €attle 2 Bulls | zeariings excluded) Bee ..$ 6.75- 1.25

7.00 6.50

6.00

Ch 70 9(

DAE

Norwalk T

ood to ne ...$11.00-12,00 251 Common and mediu tm 8.50-11.00 cull. ‘ce .50

6.00- 8 (Receipts, 409)

Otis Steel Outlet Owens Ill Glass Common — 750-1100. 6.50- 7.75

Steers, Heifers

alves Pac Coast ... Feeder, Stocker Pac Coast 2 pf 1

A c Cattle, Steers : | Mixed— Pac G & B1 .. 20) % +| 260-750. 10.50-11.00 206- 800.-8 9.00Deckard Airways 37 : 500- 750. 9.25-10.50 Panhandle Heif Paramt Pict Cho Wd ers 750- 900. 10.50-11.25 Good— 750- 900. 9.25-10.50

Park Utah Medium— 500- 900. 10.25-11.00 good

Parke Davis .. Penney Common— 500- 900. 6.00- 7.25

8.50- 9.00 8.257.50-

Penn D Cem ..

Pere Mat pf . Pet Corp Am Phelps Dodg .. Phila Rap Tr . Phil Jns pf ... Phillips Pet ... Pillsbury guts Coal

Cho a down wn.$ XR 11.00

i 500 down 8.50- 9.50 Calves : (heifers)

Cows Good ....$ 6.25- 7.00 Medium.. 5.50- 6.25 Cutter and 00 common. 4.50- 5.50] 500 ‘down $10.00-11.00 44 (Canner (low edi *| cutter)... 3.75- 4.50] 500 ne. 8.00- 9.00 SHEEP AND LAMBS (Receipts, 1345) Lambs ™ Good and choice .. ;

Medium and thoice, Common

. 8 50-1000 8.00- 9.25 6.25-'17.75 Ewes (on shorn basis)

Good and choice .......cecvns. Common and medium

~ =e EES

3.00- 3.50 3.00 ..

cccscsssoesn .

CHICAGO LIVESTOCK

: i active, |S ursday’s average; mostly 5@10c u } op, $7 35; bulk good and choice 200-300 1bs., $7. [email protected]; 300-330 , | Ibs. generally $7@71. oe: 180-200 1b. average, @17.25; sows very uneven, opened strong to higher, closed 15@25c lower; most 270EN) 1bs., $6.60@7; 330-450 lbs., [email protected]. Cattle—Receipts, 1000;" calves, 300; steers and she stock little more active; steers, firm; strictly choice kinds absent; best steers, $10.25; several loads, $9. 65@10 15; grassy Southwestern and short fed natives Steady Foi i as : ad a common orne exican fe rass steers, .$6.40; fleshier 900-1b. offerings” wi firm; not enough heifers to make ked; scattered sales July steady. § ieady on weighty Sousa e offerings: practical top, $7; most s light offerings Se at Se 50h: ue fully steady, 11@12; weighty stocker vearlin s and Bio feeders very slow; calves and slight yearling stockers, steady; fat cattle, good; shippers and order buyers in market for weighty fed steers.

Sheep 2000; la few all lots ir i sor rday neiive lambs, $9.90@10; fully steady: toStd Brands ... 6 8 . g to packe StdG & E $9,509.75; top, $10. on sorted lots to small killers and s ippers: decks Montana lambs and one double 4 fed woo } Somer backs, $9.60; good slaughter yearlings native slaughter ewes, [email protected] oy yo 4 »

OTHER LIVESTOCK

CINCINNATI, oct. 3 (U, P.).— — Receints, 3200; acti 260 hi ie Togs $7.25; 275-300 lbs. $7.0 034 100-140" lbs., $5. @6. 2: most goo packing SOWS, $5.5066, Cattle—Rece pts, 400; calves, 250; ); active but dull cleanup, about stead) he small lot light yearlings and eifers, 9.65; several lightweights, & [email protected]; common to good f cows, $5635; canners and cutters, [email protected]; practical top Jeusage bulls, $6.75; lois, active, strong:

Sheep—Receipts, 1600; active, 2 5 sd hoice, truc ind 3s 230 igher; erous lots aroun and Rosie $6.50@s8. 39.50; -Sommoh

FT. YNE, Ind. Oct. 1 Hog Juan hi er’, ; 200-220 lbs., $7: $30.2 lbs., $6.90; 240

I++]:

8% Pure Oil 97%

“esos

Reo Mo Republic Revere Cop

Reyn Tob B.. iA

ay 43% Safeway x of. 13? 113 Schulte Y; S a . 21% . 18% .. 15

PHi+:

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Simmons .... Socony-Vac ... 14 30 Por R Sug... . Cal Ed.. 25

. . . . ls be NEE SPS

pt... pun ay] es Spiegel Inc .. Spiegel Inc pt.

PCR ® NTN

FERRE

terl Prod tew-War ..... 3tokely Br .... Stone Web... Studebaker 3 Oi

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Tenn Corp .... Texas Corp Tex G Sul. . Thatcher pt oles Thermoid 4 Tide W A oil. . Timk-D A ... 19 Timken R 8 "on Trangamerica “ Tri-Cont ..... Truax Tra

Twin Coach ...

Und Ell Fh. B&F 140 lbs, stags, $5. Sales hia : LAFAYETTE, Oct. 13 : fogs satarkel, isa | higher: 160.200 1 a

6.95@ i Nr COT own, alv 3 Lambs, $9. 5 down, es, shells,

'ROST FIRM MARKS ITS 330 BIRTHDAY

The Rost Jewelry Co., 25 N. Iili-

nois St., is celebrating its 53d anni4 |versary.

The store was founded in 1886, ¥ and for 36 years has been located x | at its present site. The store, which was founded at Crawfordsville, has occupied a location on N. Tilinois | St. for 50 years. In observance. of the anniversary Rost’s have prepared several merchandise displays.

n Pac pf Alreratt Co. Air Lines.. Biscuit Un Carhon .... United Corp . United Cp of.. Un Dyewood ... United Fruit .. D

IRIGY YL 5

addacdcaaadg om wm 3% 23 o

CM8Y 6 eel ots 116% —y cers. 367% 36% va-Caro Ch ao 4 4 Va Car 6 pf... 30% 30% —_—W—

Sai aaasats s3zssen

331% 117%

; . 24 4 Md pf. 93% a Ul 3% 3 Va El Th. 13 32 25 on i 71% . g . 3912 : te Mot .... 12% 12% - Sew M.. 3 va 3Va 3s 16%, + . 2Ys 2% Nee Co... 5% 57 : 30% 50% + 3 30 30 + 1 ve 30% 20% + —_—Y— ,

5— | Woodward Tron. Worthington yellow Tr ..... 19% 18% : Foune gy, i 1 quan in Youns Stl Dr... 32% 32% State. ape

| Zenith Rad .... 1%, 1°

THE INDIANAPOLIS TIMES

A G P. Opens New Super Market Here

6.50 |

$17. 50; cows, |I

' | American Loan

Noblesville HL&P ) | Ohio Tel Co

provided. _

LOCAL BUSINESS

Bank clearings at Indianapolis in the six-day week ended Wednesday amounted to $18,812,000 compared with $14,274,000 in the corresponding five-day period of 1938. Clearings for the previous week of this year were $19,801,000. The contraction in checking transactions from the previous week was in line Min figures for outside cities, tabulated! by Dun & Bradstreet. Clearings for the latest period in other cities was announced at $4,548,622,000 compared with $4,455,516,000 in the corresponding short week of [1938.. Dun & Bradstreet reported |-clearings this week declined $1,187,470,000 under the preceding eek, -

Members of the Indiana ProCouncil Club Wednesday ill preview the Precipitron, an air-purifying machine, at an educational forum on new building products at the Columbia Club. The Precipitron was developed recently by Gaylord W. Penney, manager of the Electrostatic Physics Division of the Westinghouse research laboratories, and will be demonstrated here by George W. Begoon, a Westinghouse executive. As well as purifying air, the machine is said to remove pollen, common cause of hay fever. Invitations have been extended to members of the Producers’ Council Club, architects, engineers and others interested In the building industry.

PRIVATE AWARDS TOP ENGINEERING GRANTS

NEW YORK, Oct. 13 (U. P.)—

: Engineering construction awards in

the week ended yesterday totaled $70,643,000, compared with $53,928,000 in the previous week and $49,085.000 in the corresponding 1938 period, the Engineering News-Rec-ord reported today. Private awards in the latest week aggregated $38, 541,000 the highest since April 14, 1938, and comprised 541; per cent of the week’s volume. The first time since April 14, 1938, that private awards have topped public construction in the same week. In the previous week this year private awards totaled $17,183,000 and in the corresponding 1938 week such awards aggregated $14,345,000.

LOCAL ISSUES

The following quotations by the Indianapolis Bond & Share Corp. do not represent actual price offerings, but merely indicate the approximate market level based on buying and selling quotations of recent transactions t Bid

aun gi Cor Fas

& 8tk Cent Ind Pow Ton % d

9 54 Bel: AR & Stk ¥Y ie Home T&T Ft Wayne 7%..

7» pid. Lincoln Nat fide Ins Co com.. N Ind Pub Serv 52% pfd..... 84 N Ind Pub Serv 6% ‘btd. . 9 y Ind Pup Ser Jo 1% rogress Laun Pub Bb. Serv Co of nao 6% ny oe Pub Bory So of i 1% vid... So Ind G Rh: 8% pfd...... 0

Union Title com vesssvesen Terre Haute van ‘Camp Milk Co ¢ pid. Van Camp Milk cs i 58 5 A

secnson, esses essces

American Loan 5s Citizens_Ind Tel S10 61 ..10 Crabbe Reynolds-Taylor 5s 42.. 97 Home T&T Ft Wayne 5% 55..103 Home T&T Ft yayne 6% 43..104 ne Ase 2 Tei 4%2% cvuvisice 381 nd ndpls Railways Inc 5% 67 .. 60 nter T&T 5% cevseeveres. 98 [ndpls Water 3%2% 68 ... 10 omo Water 5% 58 , | Kuhner Packing Co 4%2% "60." Morris 5&10 Stores 5% 56.... Ne Hast i cy ‘wills 5s 42. i osiery . 6%2%:" #7... 100

0 Pub Tel 4% % - 98 Richmond Water Wks 5% 94. . 103% T Haute Water Wks 5% 56.. 100% T Haute Water Wks 6% 49. ...102 Tract Term COIP cvcecescscses *Ex-Dividend.

{MHI Dealers JITTITHIA

FIRE — CASUALTY AUTOMOBILE INLAND MARINE

INSURANCE at substantial savings

Ha. 3000

on Everything!

~ Diamonds, Watohes, Autos, Sameras, -

The Great Atlantic & Pacific Tea ‘Co. has opened this new super market at 3315 N. Illinois St. The It has a 70-foot frontage with more than 10,000 square feet of display space, according to John A. Lingren Jr., vice president, The store will remain open each evening until 9:30 o'clock.

PLAN EXPANSION IN RAIL ORDERS

Modernization, Repair Program to Be Boosted $7,550,000 by Carriers.

CHICAGO, Oct. 13 (U. P.).—The railroad industry, already launched on a program of modernization and repair ‘putting millions of dollars into heavy industry, completed plans today for an additional $7,550,000 worth of orders. The Illinois Central Railroad placed orders for 7000 tons of steel rail and to Diesel-electric switching and transfer locomotives to cost ap-

proximately $1,200,000. The rail orders included 2500 tons from the Tennessee Coal, Iron & Railroad Co, Birmingham, Ala.; 2500 tons from Carnegie Illinois Steel Corp., Chicago, and 2000 tons from Inland Steel Co., Chicago. The locomotive order went to the Elec-tro-Motive Corp., La Grange, Ill. The Chicago, Milwaukee, St. Paul & Pacific Railroad obtained permission from Federal Judge James H. Wilkerson to purchase 10 high-speed locomotives and 2000 freight cars at a cost of $6,350,000. Railroad counsel said 80 per cent of the purchase would be financed with a Reconstruction Finance Corp. 16an.

WASHINGTON, Oct. 13 (U. P.) — The Atchison, Topeka & Santa Fe Railway today sought authority from the Interstate Commerce Commission. to issue $8,000 in 2! per cent, Series C, equipment trust certificates. Proceeds from the sale of the proposed issue would be used.as partial

$10,143,348,

BIRMINGHAM, Ala., Oct. 13 (U. P.).—The Seaboard Air Line Rail-

700 all-steel box cars, of 50-ton capacity, costing $2,000,000. They will be built in the Pullman Standard Car Co. plant at Bessemer, Ala.

FOREIGN EXCHANGE

NEW YORK, Oct. 13 (U. P.).—Following are noon cable rates on ble Kates Net cing. e Rates Ne England { ound) ......$4.00Y The Ganads. § o ollar) . 2%% —.00% rance (franc) . 42 7 — 3 Italy (lira) .... . os 001s Belgium (belga) . . Germany (mark) . Switzerland (franc) ... Holland ‘gu uilder) ...... |Swed den rona)

payment for new ‘equipment to eost.

way today announced an order for|l

“ON THE

TONIGHT 6:30—Professor Quiz, WFBM. 7:00—Grantland Rice, WIRE. 7:00—Kate Smith, WFBM. 8:00—Johnny Presents, WFBM. + 9:00—Guy Lombardo, WIRE.

The week-end air is full of good things, chief among them Louie Armstrong, still King of Trumpeters, who is visiting Benny Goodman tomorrow night, Mrs. Franklin D. Roosevelt, Frank Murphy, William Allen White and the University of Chicago Round Table. Mr. Armstrong will play “Shadrack” with the Lyn Murray singers on the Goodman pregram that is heard at 9 p. m. tomorrow, NBC-

WIRE. an 8

Mr." White, well-known editor of the Emporia (Kas.) Gazette, speaks at 12:40 p. m. Sunday, CBS, for repeal of the present arms embargo. Atty. Gen. Frank Murphy and Senators Robert PF. Wagner (D. Utah) will speak from the National Conference on Civil Liberties at 8:30 tonight, NBC-Blue. Mr. White will introduce them. Mrs. Roosevelt talks at the annual convention of the Camp Fire Girls, Inc, in Berkeley, Cal., at 9:45, NBCRed. The University of Chicago Round t 4 ® »

INDIANAPOLIS. , ‘"WFBM 1230 - (CBS Net.) Kathleen Norris Golden Stor

Hollywood Scattergood

(NBC-MBS) Girl Alone O’Neills Dick Reed Dessa Byrd

Ense

ann 853

Forum Uncle Jonathan . V. Kaltenborn

Child’ European News

Hoosier Sports easure Time

yster Joseph ¥ Marais Dick Reed

Concert ”

ronan

New Lum & Abner Prof. Qui Kate ”

” ”»

Smith » ” ”»

BR3| 5858 88535

Waltz Time George Jessel

Johnnie ,Fresents First Nighter

» » | THIS EVENING i

(The Indianapolis Times is not responsible for inaccuracies in program announcement caused by station changes after press time.)

INDIANAPOLIS WIRE _1400

mble At Your. Service

RADIO

Table, contrary to custom, will fea ture an interview by Sherman Dryer, in charge of radio for the University, with Dr. Quincy Wright, international law professor, on the Subject: “Internatiofal Law—What Is ur » ‘» ¥ | A Bidu Sayao, who will sing here Oct 23 ‘on the Martens Concerts;. can be heard in the second act of “Manon” at 11, NBC-Red . . Constance Bennett guest-stars Kate Smith’s program at 7, CBS= WFBM. She will take part in an original playlet. . . makes a guest appearance with George Jessel at 8:30, NBC-WIRE. Benay Venuta and the Merry Maes will also entertain. . . . The First Nighter production is “Symphony With Your Spaghetti,” with Barbara Luddy and Les Tremayne. ” ” o |

The Notre Dame-Southern -Meth« odist football game will be red hy by NBC-WIRE tomorrow wit Pearson at the mike. . . . Indiana and Wisconsin will be broadcast by CBS-WFBM. . . . WIBC carries Butler-Washington. All games at 1:45 p. m. . . . Bill Ser will de scribe the Michigan-Iowa game af 12:45 p. m., NBC-Blue. e last

half hour will be broadcast by

WENR. | . |

CHICAGO WLS-WENR 780 (NBC Net.)

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