Indianapolis Times, Indianapolis, Marion County, 17 October 1939 — Page 13

TUESDAY, OCT. 17, 1939

WAR STOCKS UP ON N.Y, BOARD; GRAINS HIGHER

Gains Range to More Than $3 in Share Market; London Prices Are Firm.

By UNITED PRESS Intensification of war activities

stimulated short covering on the

stock market today land sent prices]:

up $1 to more than $3 in increased turnover.

War stocks led the Apia, notably steels. Aviation shares spurted with Douglas at a new high. Coppers turned higher after an irregular opening. Anaconda registered a gain of more than a dollar, while American Smelting was up more * than $2. Chemicals were strong with Allied . up more than $3. Pressure relaxed on motors and Chrysler rose $3.12%. Railroad equipments were higher in anticipation of war orders. Other stocks joined the advance. Building shares were up $2 or more. Mercantile stocks improved under lead of the mail order section,

where Montgomery-Ward made a|S2h

new high. Rails strengthened despite outlook for a decline in car loadings. Farm equipment issues made small gains and communications were firm. Utilities had small advances. Wheat prices continued their upward movement on the Chicago Board of Trade, stimulated by heavier fighting in Europe and serious drought conditions in the Southwest. At the end of the first hour wheat was up % to 14 cents, corn was

4 to 5 cent higher, and oats_were :

to 5% cent Higher. The market opened with gains of 1, cents, but slow response at Winipeg led to freer offerings and ure of part of the gains. Some selling was against purchases in’ the dominion market. Another 24 hours passed without important precipitation in the winter wheat belt, and the drought condition grew more serious. Continued lack of rainfall will mean a considerable reduced winter wheat crop.

weather. Active cotton options ‘advanced as much as 45 cents a bale. Liquidation in October, prior to expiration at noon, featured morning dealings. Raw silk futures soared as much as 12 cents a pound to the highest levels.in nine years. ° Demand for Government issues featured a firm market on the London Stock Exchange. Trans-Atlantic issues, however, eased moderately from the previous New York close.

HOGS ADVANGE 10 T0 15 CENTS

Practical Top Price Rises to $7.40; Sheep, Vealers Hold Steady.

Hogs sold 10 to 15 cents higherjz than yesterday in trading at the Indianapglis Union Stockyards today, according to the Agricultural Marketing Service. ~The practical top price, quoted on 220 to 230-pounders, advanced to $7.40. Good demand for the large receipts re- ived at the yards brought the advance. Vealers and lambs sold at steady prices with yesterday at peak quo-

tations of $11.50 and $10, Yespsots Lo

ively.

Top Rec ts. Oct. 0 7430 14 7609; 16 .. 81 oe! if rave

” Barrows and Gilts | Good and Choice—

| 270- - 6.75| 30020- 4 3 33-1 738 330-

t. % ...3 210 3:28 3 0 330

To Cepts. 7.80 _ 5000 5.40 Packing Sows a 6.60- 6.85

6.50- 6.75 6.35- 6.60

300.. 330.. 360..

0B18 da - edium a 110- 7.25 250. U500.

0- 7.1 5.80 6.50 . 6.00- 6. 95 90- 120.. 5.90- 6.35 _ 160- 200. 635-7. 15| Slaughter Rattle & Vealers (Receipts, 1863)

Bulls eers (Yearlings excluded) Chol

oS B — - 10.50-11.00| Go 300 2% $1: 25-11.00 75 7.00 6.75 6.25 3 All Weights—

> 528. 5011.50

25] dq Common— 115 9.00) uf “i - 8.00 + 750-1100. 6.50- 7.75

Steers, Heifers

Calve (Receipts, 470) Feeder. Stocker Cattle, Steers

Mixed— Choice— 500- 300 .$ 9.00- 9.75 500- 750. 10.50-11.00( 20 0-1650 8 3.00 9:50

Good— 500- 750. 9.25-10.50/G0007, g50. 0.00 Heifers 800-1050 . 8.25- 8.75 Cholce— Medinm_~ 7.50- 8.25 750 9 900. 10.50-11.25! 500-1000. 7.50- 8. Fa. 95-10. 50! Goo: 900. _6.50- 7.50 300-50 900. 10.25-11 00 goed” "3%. 50- 6.25 ommon-— Calves (steers 500- 900. 6.00- 7.25! Choleé— (55% down $ 0.75-11.00

50- 17. 2 A - 9. §:50- 6.5 Calves Pars) 4.50- i rein - Canner (10, ox 4.50/°500 down. 8.00- 9.00 SHEEP AND LAMBS (Receipts, 1960) Lambs

ood and choice ..............$ 9.50-10.00

G c der raveee 8.00- 9.25 Medium and choice 6.25 7.75

G cn Medium - Cutter and common

Ewes (on shorn basis)

Good and choice Common and medium .

@

OTHER LIVESTOCK

« INCINNATI. Oct. 17 (U. P.).—Hogs— Be 40097; active: butchers, 180-250 15¢

ip , 400; slow, most auRhier heifers, steers and yearlings fully steady. canner and cutter cows strong to fully 25¢ higher. few lots good ight yearlings and heifers [email protected]; bulk comm to medi La lightweight cattle, $5.95 1.75: common to good beef cows, [email protected]; bulk sausage Pulls, $5.50@ 6.50; ‘yealers strong. practical early and %mid-

ts. 600: active, generally steady: sa good trucked-in lambs, $9@ 9.25: sizable Jot strictly choice ewes and wethers, $9.75; common and medium, $6.50 @s8

7.25 L

—A— a Eo co Net High Low Last’'Chenge Alaska Jun 6% PEE Allez C_pf $30 w 17

A\llegh Lud Stl.. 24% \llied Chem 0 vee 13%

Allied Mills a \llied Stores .

Amerada . 61 Note 13

£ £ A £ 13% £ An Bank i Am an £ . 37% £ 2 Am A £

9% 61

i, 834 fi 38 27 13 48 42

Am Car & Fdv Am Colortype.. 6% Am Ene. Til _.. 78 Hide & L.. 67 m Hide & & L p13 \mer_ Loco Am Mach & Fay 13% Am P &'L 6 pf 48% A P&L 5 of A 42 Am Rad & 8 5 10 Am Sm LE Am 54. Fdies. . \m Am Aim

3a 2

4 rao . . 2 SEE ER aN > a»

-. Na

=.

eo

1] To m EB

ve : Sar EGER FRE

[4 HHH $4 HEE HHH

\tlas Corp \uburn Auto ..

ct .. 19% 2

EL col

.. “ee

Oe > ks

73g 7% 69% 69% 2, 2Y, 812 4 392 42% 1% %

Callahan Zine. 2% t & H.. 8%

ry. Cerro de Pasco. 301% Ches hio .. 427 Ch M St P&P pf tia Chi RI&P Chrysler 90} Cleve El Ilm pf 10974 Cleve Graph Br 32 Climax Moly Co 45 Cluett Peab ... 31% Colum Gas .... 7% Com Solvents... 13% Comwlth Edison 30 25% 82 3035 8% i

Te oe

90 90%, 109% 109Ya 32 32

Wh 0a @ BN

Cons Aircraft Cons Cop Mns. Cons Edison ...

) FELL FU FEES] £1 Tih HEL : cer

8 5515 A 267s 22%;

[i++ +:

Cutler Temi “ese

245 245% T%2

Deere & Co ... 1 & Hud ...

Lac & W....

RT) »ONE

Dev & & A .... Dist Seag ..... Dome Mines Douglas Air Be w Chem

Du Pont 180 Du Pont deb...128Y% Du Pont pf ...116

CL nr ESS

- ~~

East R

+ HHL

Mill .. eel

151% 8% 33% 4

106 1

RB Pw&L $7 Le: 33% Paso N Gas. 4 End Johns pf. -106%% Equit Bldg .... 1%

—F—

- 332%

5%

re Galir Robt 5 .. 15% Gamewell Co .. 14 Gen Bak pf ..136 Gen Cigar pf ..113% Gen Electric ... 402 en Food . 40% Gen 3 Gen Mills | 84 Gen Mills JP! -123% Gen . 54% Gen

|: +++]

%

Fair, The pf .

33% Flintkote ......

17%

a

15% 14

136 113% 407, 40% Ya

a

[+1+1+ DRR ¥

—-- a ® NB oo

84 123% 5378 37 115% 22% 28

-—

83 = a

Goodyear Granby ,e Gt Nor Ore ... Gt North pf ... 31

RR Qh

I a

Greyhound 16% —H— oa 311 3115 . 3Ys } 52%

ashy Walk Hayes Bdy Homestake

Bn Sepia)

Inferaien Ir Int Agric ...... nt Harvester .. nt M Marine.. Int Fiche PN

12 472

174 8% —_—K— Lalamazoo S&F 18% {ennecott ve. 40% Keystone Stl ... 15 Kroger G&B ... 27%

Jarvi

17% Jones 5 Le 7 pt

78%

18%2 40

15 27%

Lambert ....... L-O-F Glass ‘ee 53. Ligg & M Ligg & My ot 18 Link Bel

u & Nash ... Gl ..... 38 Hill © Porc » pf...

Va Ya

3| Yesterday co.coeccecsnsscnes

: Nash-Keiv

s | Nat Nat Bi NB &

»| Van Rolie pt. 100m

N.Y. STOCKS

By United Press

'DOW-JONES’ STOCK AVERAGES 30 INDUSTRIALS Yesterday c.ccceccoscovcscss 150.8% Week B80 «..icssscssseescess 150.66 Month 280 cciisceccccsscnse 152.14 Year AO ....olieiiiinse. 152.10 ‘High, (1939), 155.92; low, 121.44, High, (1938), 158.41; low, 98.95. 20 RAILROADS

+0.46 +037 +4.36 +1.29

33.43 - Week 220 «.vcecesvccecssoce 83.80 Month ag0 .....oe0000e 32.19 Year ago .... 30.63 High, (1939), 35.90; low, 23.14. High (1938), 33.98; low, 19.00.

© 18 UTILITIES

25.34 25.36

Yesterday Week 280 ....coeccvcionsocse Month ag0 .c.ocescescesccser 2474 Year ago ... 24.36 High, (1939), 27.10; low, 20.71. High, (1938), 25.19; low, 15.14.

ssececsesssosian

Net Last Change 54% 6%

High Low Mont ard 543s 54% Morrel 4 5 Morrell

secssce

Nat Ac Noy

a BND ht BD bed ht 0 UN DD ot bd

BE

- a

Nat Dairy ..... Nat Distillers .. Nat Gypsum .. 1 a

waar

13 0 et et pt” =

oS

« - p FREIR Fa

= DODD > DERE REE DERE EE HE

Norwalk T of..

Ohio Oil ...... Oliver Farm Eq Owens Ill Glass

++ FR

/2 637s Pac G & El....

Packard Dan AR Al Alrways

29% 13%

ai 892 25% 38 9% | 42%, 2%

—-— + =a

Ll

— - >

n Pere Mat

pr ot 38 Pet, Cor:

9Ys

‘ee

FE] EE

Plymouth oil’ , Press Stl Car

public Serv .... Pullman Pure Oil

cesses

Ra seeeee

dio 5% Radio-K-Or

1 0 2678 162 97% J 43% 111

5% 1% 20 26% 16% 97s

Revere Cop ... Reyn Met .....

Safeway 44 Safeway 6 pt’ .. Schulte Sears bp . Servel Inc .... 1 Shell un oil ... Simmen Socony- Vacuum o Am Gold .. 0 Por R Sug.. South Pac .... Ry

- 3 FS

CO DIDS

— COI 00 LION > =J =J 00 J

BY bb CONRDIRIDI Eh 0 fet ~ = .

03

Transamerica. . Twin Coach 1

Und Ell FP

Un Eng&F vy’ .e United Fruit Un Gas Imp ... Mera:Mix oe Paprbd

. oe . - TAIL] LILES I OO

pe 0) Cd —- BRAN NHR 0

Stores A...

1)

30%

41

Yenadium FP Van Raa

36% 34, 1097s

ada 23

Add << @®

West Air Bke.. esting ses

aa S/S ~

sg49

orthington .. 20

Yellow Tr Joe Oo Sheet

Stl Dr..... 324%

Zonite 3

EERE EEE)

So Trade - Notes

NEW YORK, Oct. 17 (U. P). — The New York Federal Reserve Bank announced today that “in view of uncertain shipping conditions” it will no longer make public engagements of gold abroad for shipment {o the United States. Yesterday's statement reported an im-

port of $1,966,000 from Italy and $14,000 from Canada. ,

Approves Expenditure

WASHINGTON, Oct. 17 (U. P.).— The Interstate Commerce Commission today had authorized the Pennsylvania Railroad Co. to issue $8,665,000 of equipment trust

50 | certificates to be used for the g

purchase of additional

equipment.

Air Travel Rises

NEW YORK, Oct. 17 (U. P.).— Transcontinental & Western Air, Inc., operated 10,475,993 passenger miles on its coast to coast system in September, ‘the seventh straight

railway

*""|record month and a gain of 47.04|h

per cent over the September, 1938, total of 7,124,413 milés, V. P. Conroy, vice president in charge of trafic and sales, reported today. The September total was 2.39 per cent over the August volume of 10,231,353 miles.

Rail Revenue Up WASHINGTON, Oct. 17 (U. P.).— A ‘preliminary report issued today by the Association of American railroads showed that 87 Class 1 railroads in the United States had estimated operating revenues of $304,-

481,638 for September, 1939. An increase of 17.9 per cent above oper-

last year.

Establish Hide Pool

LONDON, Ministry of Supply today announced that all imports of cattle hides and calf skins will be made through an official pool with headquarters at Liverpool.

Hogs — Receipts, 10,000; active, strong to 10 cents Higher than Monday, § average; generally 5@10 cents up; good and choice 200-300 7.45; 300-360-1b. mostl nished 180-200-1b., 371 and choice 270-330-1b packing sows, $6.65 @17; 330-450 1lbs., $6.3 as. Sheep—_Recepits. 5000: late Monday ta fas lambs, 15@25 cents lower; other classe steady: top Jative STE, "$9.60; bulk all offerings, $9.2 ; hative Slaughter ewes, S@ais Re trade; fat lambs undertone around steady: talking, $9. 25@ 9.40; best held $9.50@9. os shee steady; ewes, [email protected] mostly: good fated Morjtana feedit

$6. Io 35; bulk

cents lower, weigh long Yearling steers, fiers above : sprinkl

absent; weighty steers, 0 0; medium light steers On at $8.75 downward; run being mostly strictly grain fed cattle: _stockers fairly steady, choice 775-1b. Tostp S, $11; largely $8.50@ strict, ly good and ik $9 Soi. slow, steady; bulls firm; heavy offerings up to $7.25; vealers active, rit

AES

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

Why Not—. A HOME OF

Pay for it like rent—with a ‘42% FEDERAL HOUSING LOAN

THE UNION TRUST COMPANY

Capital and Surplus, $3,000,000.00

YOUR .OWN?

511939 High (Sept. 30) «cvesees

ating revenues for the same month @

1 Oct. 17 (U. P.).—The |3

CHICAGO LIVESTOCK 2%

k | 18c;

Prepared te and Research Corporation -New York

ARGENTINA ~

THE LATIN AMERICAN MARKET (BASED ON 1937 TRADE FIGURES)

@ o

Purchases from:

BB United Stotes

87] Great Britain

Millions of Dollars

| VENEZUELA CHILE

a

VV. / /

= |

lL

BUILDING RATE UP 3 PER GENT

Private Grants Offset Dip In Public Contracts For September.

NEW YORX, Oct. 17 (U. P.).— Construction contract awards in 37 eastern states in September amounted to $323,227,000, an increase of 3 per cent over August, -and-T7 per cent over September, 1938, the F. W. Dodge Corp. reported today. For the first nine months of this year contract volume amounted to $2,634,802,000, highest for any corresponding period since 1930, and 23 per cent greater than in the first

nine months of last year. Increased private construction

Amore than offset a decline in con-

tracts for publicly-owned prajects

i, | during September. the corporation

said. The gain in private contracts from $153,869,000 in August to $179,011,000 for September principally reflected advances in vilume of commercial and factory building. “The. trends in evidence during the past several months, of continuing private construction at a relatively" high rate and moderately declining public work, persisted during the first month which has elapsed since the outbreak of war in Europe,” the corporation declared. “On the basis of this year’s record to date, the industry’s expectation that 1939 would be the sixth consecutive year of construction volume increase is being realized, ” the company added.

BRITAIN TO BUY HALF OF CANADIAN WHEAT

wheat program based on a policy

2lof purchasing half of the United s| Kingdom’s supplies from Canada

was nearing -completion today as officials of the dominion Govern-

plus. The outbreak of war and the risk of losing . wheat shipments to German submarines has delayed normal movement of wheat across

» the Atlantic.

DAILY PRICE INDEX

NEW YORK, Oct. 17 (U. P.).—

»|Dun & Bradstreet's daily weighted M

price index of 30 basic commodities, compiled for United Press (1930-32 average equals 100): Yesterday ceccesccecccccccece Weeg ABO cocesccsccscccccse Month Ago 000000000000 000 Year ABO scosscscscccscssses

117.82 116.16 104.25 119.34 101.40

FOREIGN EXCHANGE

NEW YORK, Oct. 17 (U. P.).—Following are noon cable rates hs no major cur-

rencies: a Net ates 8 Age

.89 7 16 —.00 1-16 -02265s . —.0000%

.0505 .1676

1939 Low, (July 24)

®ssccscoe

England § ound) ... Canada ollar) . Prance ona Ttaly (lira) .....ce0eee Belgium (belga). ...... Germany (mark) ... Switzerland (franc) Holland (guilder) Cees Sweden (krona) vee Norway (krone) -.0002 Denmark (krone) ..... “ees Japan (yen) .2363 ee

OTHER LIVESTOCK

LAFAYETTE, Ind.. Oct. 17 (U. P.) Hogs—Marl ket 10c higher: 160-200 Ibs.. $6. 35 7.05; 200-280 lbs. $1.05 @7.25; 280-325 1bs., [email protected]: pigs, $6.75 down: roughs, $s. .50 down. Calves, $10. 3G 11 Lambs, $9.50 own.

FT. WAYNE, Ind, Oct. 17 (U. P.).— horse teady: 220-240 1bs., $7.15; 200-220 S.,

- 4.0002 ves Usdquoted vie —.0002

bs. .60: bs.. $6. 35; 100-120 lbs., $6.10; Souehs, $6; stags, $5. Calves, $12. Lambs, $9.

LOCAL PRODUCE

Heavy breed hens, 12c; Leghorn hens, 10c; Barred and White Rock springers, > 1bs., and over llc; colored springers, 2Y, 1bs. and up, : Leghorn broilers, 2 1bs., and over, 9c; old roosters, 7c. No. 1 strictly fresh country run e=gs, each full case must weigh 55 lbs., ross; a net deduction on 15 =e for each ull case under 55 bs will be Butter—No. 1, 31@3 Tigo: Noo 2, 2202 29%he ® Butterta t—No. 26c; No. 2, (Prices Quoted by Wadley 0

LONDON, Oct. 17 (U. P.).—A|Buff NEP

ment continued their efforts to find | g3 a market for Canada’s huge sur- JEL

Ni 113.79

LOCAL BUSINESS

There are now 14,000,000 policyholders of. accident and health insurance in the United States, Harold R. Gordon, secretary of the Health & Accident Underwriters Conference, Chicago, yesterday told members of the Indianapolis Actident and Health Club. The meeting was held at the Indianapolis Athletic Club. If the volume of business continues to grow at its present rate, he said, 1939 will show an increase of 8 per cent over 1938, which topped the previous year by 5 per cent. A total of $2,500,000 was paid to policyholders in the United States in 1938, he said. Don G. Trone, secretary of the Indiana Travelers Assurance Co., presided at the meeting.

Lists Milk Prices

Leon C. Coller, milk administrator for the Marion County area, today listed the following prices to be paid by distributors for milk of 4 per cent butterfat content during the delivery period of Oct. 1-15, inclusive: Class I, $2. 18; Class I-b, $1. 60; Class II-a, $1.59; Class II-b, /$1.48; Class 1II-c, $1.44, and Class III, $1.22,

7

Producers to Meet

Raymond Schultz, president of the Standard Life Insurance Co., is to be principal speaker at the annual

Curb Stocks

High 133% . 33% 15%; 8 9-16

Net Low Last Change 133 133% + 1 323% 33% +1 15%2 152 + Ya 8 we 9-16 9% 23% 8%

Alum Co Am.. Am Cyan B Am Lt & Tr.. Am Rep cp .. Am Super .... Bath Ir Wks.. 9% Bell Air ve. 23% Bellanca Air... 8 Brewster | Aero

+ Ys + 1% + YB + Ya Bunker Hilles Ce Can Marconi.. Carrier Corp.. Cities Serv . . Eiiey Serv Pt. Coop Bes «3 Gooberwld: stl. Creole Pet

Hollinger Humble Oil Imp O Can .. Insur No Am .

!Sherwin-W ... Sherwin W Un Gas Corp . mm Gas #50 pf Lt A Witson a oy Wright Harg.,

Chicago Stocks

High Low Last 612 62 62 6Ya 6%

SRE EERE EE:

«TT

PE

6% 6%

Armour & Co .....eo0e Aviat Corp ..

Aviat & Tran ee.ce...

9% 92 17% 30 261% 245, 3 547% 8 14% 17s s

Chicago Corp 1% Comp Edison .... Crane Co Deer

Gen Motors . Heileman Brew . Houdaille-H B arvis . ingsbury Br . . Marshall a “serve

Montg ard . Nobittt-sparks cececies. 28 Press St] CAT ceieecee.. 15% Schwitzer-Cu 10 Swift & C US Steel ..... Wisc Bk Shrs

U. S. STATEMENT

WASHINGTON. Oct. 17° U. P.). ernment expenses and receipts for the current fiscal Year through Oct. 14, compared with a year a 0;

is Yea $2. 793,302, 564. 24 $2, 38 406 a. 33 .589,258,688.41 1, Soa 183 a ot

cessscton

cee

—Gov-

Expenses Receipts .. Gross det. Net def. or al. 1. Pub. debt 40.902. "759. .002.15 38,429.193.207.92 Gold res. 16,992.224,636.65 13,964,575.930.52 Customs. . 102,131,081.87 93,415,912.11

INDIANAPOLIS CLEARING HOUSE

Clearings $3.660.000 Debits 2 9,228,000

esses sects sssses nan

: American Loan tis 51

meeting of the Indiana Producers’ Co-operative tomorrow at the Claypool Hotel. Mr. Schultz is to speak on “Building a New World.” Approximately 300 managers and directors of co-operative elevators are expected to atend the conference, according to M. D. Guild, manager of the Co-operatives. The Producers Co-operative operates a 1,500,000-bushel terminal grain elevator at Beech Grove and each year handles mare than 8,000,000 bushels on a cash basis. Its agents throughout the state are approximately 150 farmers’ cooperative elevators and county farm bureau co-operative units.

INCORPORATIONS

Crosier Fathers. Minnesota corporation, admitted to Indiana to engage in religious and educational work. Coval Motor Transport, apolis, dissolution, DeWald Service Stores, Ft. wayne, dissoli, duBbnt de Nemours & Del wate on amendment 2 “articles of incorporation. Boggstown Grain & Supply Co., Shelbyville, amendment decreasing Sans of directors from four to three. Battery Sales & Equipment Co. Inc., 422 Conkey St.. Hammond: agent, W. L. Kennedy, same nou! 20 shares no par value; manufacturing, repairing, Sie. all types of automobiles. airplanes, c.:. W. L. Kennedy, Irving W. Richwine, Calta B.

Gi Bedford Publishing Co., 16tn st. Bedford; agent, John Box 12. Bedford; 100 shares no to publish newspapers: Jonn Willam T. Fuller, A. E. Meno. Anderson Home Life Insurance CO., Anderson, name changed by decree of ‘court to Progressive Life Insurance Co.

Inc., Indian-

Inc., 813 D. Fuller, ar value; . Fuller,

New Business Books Available at Library

The following new business books now are available at the business branch of the Indianapolis Publis Library.

WALL STREET UNDER OATH, by Ferdinand Pecora. The case against the money changers as presented before the Shims af and Currency Compiiiee of . Senate in 1933-

TRUTH IN ACCOUNTING, by Kenneth MacNeal. Do corporation re orye ive the reader interested in he details of the corporation’s business a true pieture of either its Profs or its true financial condi-

ng manufacturers of fertilizers, interested in growing larger crops.

SOCIAL INSURANCE S9- ORIN AS TION: AN ANALYSIS MAN AND BRITISH RGANIZATION, by C. A. Culp. The interrelations of public agencies operating in the social insurance and relief fields.

PERSONNEL STANDARDS OF THE U. 8S. EMPLOY MN ERVICE, comlag Employment Service, ‘standards for “affiliated State employment services.

‘|Richard Steele and Capt: Robert

LOCAL ISSUES

The following quotations by the Indianapolis Bond & Share Corp. do not represent acual price offerings, but merely indicate the approximate market level based on buying and selling quotations “of recent transactions. Bid Auto Invest Corp . Belt Ba & Stk Yds com’ or Belt RR & Stk Yds Cent Ind Pow 7% of Home T&T Ft Wayne I ... 69 Hook’s Dru ug Inc vers nt Hyare Elec 7% oa. [nd Mch Flee 1% pid rv. Pp. 2a

3 pl k/ J 29% N Ind

Union Title Co com Terre Haute . Van Camp Milk Co com ..... 9% Van Camp Milk Co pfd..... 62

Bonds

esses 9 American Loan 46 teens Citizens Ind Tel le 61. . 102 Crabbe Reynolds-Taylor 5s 42..°9" Home T&T Ft. Wayne 5% 85.010: Home T&T Ft Wayne $%. 43. Ind Asso Tel 42% 65 . nd Tel 5% 60 ndpls Railway Inc 5% 67... nter T&T 53 eves ndpls Water 3157 68..0...11 Kokomo Water 5% 58 Kuhner Packing Co 4%2% 6... Morris 5&10 Stores 5% 56 . Muncie Water 57% 65 Natl Silk Hosier ‘Mills 55 42.. Holesville HL&P 81% 47.1

0 Pub Tel 4'%2% 55 Richmond Water Wks 5% 94 ..10

T Haute Water Wks 6% 49 ... Tract Term Corp *Ex-Dividend.

Va Ya

My . Swownvodoanos

WAGON WHEAT

Indianapons grain elevators are payin ng 1 red, 79c: subject to marke grade. .on their merits. Cash yellow, 45¢c. Oats, 25c.

for lf other corn. new No.

OCTOBER 14, |

L. M. BROWN ABSTRACT CO:

ANNOUNCES THE REMOVAL OF THEIR OFFICE FROM 321-331

LEMCKE TO

1501 EAST MARKET STREET

"SECOND FLOOR

FLETCHER AVENUE SAVINGS AND LOAN ASSOCIATION BLDG.

THIS CHANGE HAS BEEN MADE TO GIVE BETTER SERVICE TO OUR CUSTOMERS

WE CORDIALLY INVITE YOU TO VISIT OUR NEW OFFICES INDIANAPOLIS

939)

§ | |

BUILDING

RUSSELL A. FURR, Pre

dent

TONIGHT , 7:00—~Big Town, WFBM. 7:30—Walter O'Keefe, WFBM.

7:30—Information Please, WLS. 8:30—Fibber McGee, WIRE.

Two new programs, one with a familiar name, the other spanking new, hit the airwaves tonight. Mort Lewis, emcee of the former If I Had the Chance, will introduce Fun With the Famous at the same time, 9:30 o'clock, NBC-WENR. The show will be the most amazing true experiences of the interviewers. First night guests include Ezra Stone, star of the Aldrich Family; Homer Croy, novelist; James Montgomery Flagg, illustrator, and Wallace Butterworth and Parks Johnson, radio interviewers. The other new program will headline Edward A. Weeks, editor of the “Atlantic Monthly.” He will discuss the human side of literature, introducing the unpublished notes and manuscripts of famous writers. The first broadcast will concern: letters written by Abraham Lincoln,

Scott, the Arctic explorer. The time is 8:30, NBC-Blue. ® ” ”

Something horrible to end. all things horrible is scheduled by Walter O’Keefe for his Tuesday Night

he introduces Bela Lugosi ang Strong Man Charles Atlas. The two will flank pretty Mary Martin. The whole group will get together on a terror drama. . . . Robert Wadlow, the world’s tallest man, and Welborn W. Sanger, who claims to be

Party at 7:30, CBS-WFBM, when|,

groom, will mates tales of woe at 8, CBS-WY"BM, on Gabriel Heatter's We, the People. . . . Bob Hope gets into the haberdashery business dur= ing his program this week at 9, NBC-WIRE. The sketch signature will be “I Want a Hat With Cher. ries.” Bob, with Skinnay Ennis, Jerty Colonna and Tom McAvity, director of the show, play the most peculiar golf foursome in Hollywood. They try to make as much racket as possible when the ather is shooting. Scores have shot to close to the hundred mark. . . . Betty Field, stage, screen and radio actress in the Aldrich Family, will come back tonight to take. a guest shot at the program at 7, NBC=WLS. . . . Fred Waring starts this week to broadcast college songs written by himself. Each program will feature a new song. ... Base=ball has played its swan song for the season but Info Please again introduces the well known intellec= tual catcher, Moe Berg, whose lan= guage facilities confound the sports writers. Mr. Berg is a scholar, lawe yer and world traveler and has played major league basball for 13 years. . . . Jimmy Durante will hit Bob Benchley’s Melody and Madness for the third successive week at 8, NBC-WENR.

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Hendrik Willem Van Loon, hise torian and lecturer, will discuss “The Fun of Being Alive” with Alma Kitchell on the latter’s Let's Talk it Over program at 12:30 p. m. toe morrow, NBC-Red. . . . “Wolfgang Mozart, a Wonder Boy,” will be Mary Van Doren's subject at 1 p. m,

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KEY NETWORK STATIONS (Subject to change): CBS—WABC, 860; WIR, 750; WHAS, 820; KMOX, 1090; MUTUAL—WOR, 710; WHK, 1390; WHKT, 640; NBC-BLUE—WJZ, 760; WOWO, 1160; NBC-RED—WEAF, 660; W1AM, 1070: WWJ, 920; WMAQ, 670.

WBBM, 770. CKLW, 1030; WSM, 859. WLS-WENR, 870; KWK, 1350.

ADVERTISING LINEAGE UP CHICAGO, Oct. 17 (U. P.).—Advertising placed by retailers in 78 major American cities during the week ended Oct. 7 rose to 21,994,451 lines, a gain of 5.2 per cent over the 20,901,078 carried the corresponding 1938 week, Advertising

4+ | Age reported tcday.

‘TRUST 0 SERVICE

American National Bank AT INDIANAPOLIS :

fire.

GRAIN DEALE MUTUAL FIRE |

Home Office: In

@ There is a certain thrill about a

costs everybody money.

Property owners must pay in the form of insurance premiums for all fires, and a portion of this cost must be passed form of rents. Everybody contributes. The first principle of Mutual Insurance is fire prevention companies do everythi to help policyholders avoid insurance costs can only be reducin, success your resident agent listed below can explain how “Grain Dealers Mutual” —one of the country’s leading mutual insurance companies—has saved more than $17,000,000, Through him the service and facilities p “Grain Dealers Mutual” are available to the property owners of this community.

reat Show

and you belp pay for it!

It makes a great show. But it

on to the public in the

2 Mutual ing possible fires redu es for losses. That they have been 1 is a matter of record and

re

returned to policyholders

RS NATIONAL NSURANCE CO.

dianapolis, Ind