Indianapolis Times, Indianapolis, Marion County, 24 October 1939 — Page 14

TUESDAY, OCT. 24, 1939.

GAINS EXCEED | $1 IN TRADING ~ ONN.Y. BOARD

Chicago Grains Decline; Other Commodities Also Lower.

: By UNITED PRESS A moderate increase in buying

brought gains of fractions to more than $1 in stocks today. Trading was a bit more active. Aviations, tobaccos, amusements and building issues were strong. Steels and motors did little, however.

| \ New highs were made by Bruns-|ga wick-Balke-Collender, Cluet Pea-

body, Consolidated Aircraft, Eastern Air Lines, Interchemical, Mohawk . Carpet and Dresser Manufacturing. Diamond T Truck equaled its high.

Some Gains $2 to $3

Gains of $2 to $3 were made by U. S.- Gypsum, Liggett & Myers issues and National Biscuit preferred. Bethlehem Steel ran up nearly $2 and then receded. Small gains were noted ~in mail order shares, some rails and coppers. Douglas and Loew’s rose more than 1. There was nothing in the news to sway the list, although several favor-

able corporation reports were forth- ¢

coming.

C Wheat eased a half cent on the Chicago Board of Trade as pros-|co

pects of rain in sections of the winter wheat belt caused scattered selling.

At the end of the first hour|¢

wheat was off 3 @ 5 cent, corn was unchanged to 3% cent lower, and

oats were % cent higher to % cent|g

lower. Wheat Rallies Slightly

. The wheat market rallied slightly after opening easier. The bullish tone of private crop reports partially counteracted the rain forecast. There was changing between the December future and more deferred deliveries. December and

July wheat were sold here against|gec E

purchases at Minneapolis. Corn trade was light. Expectations of support from export inter- |: ests made local shorts uneasy. Other major commodity markets. drifted iregularly lower. Tired, long liquidations was the main factor in the easiness in most of the markets. World sugar futures dropped to net losses of 5 points. Domestic options were steady. Rubber lost 15 to 40 points and silk dropped 6 to 81% points. Cotton moved around previous closing levels. Copper and coffee were firm but cocoa declined 5 to 7 points. British Government ‘funds staged another substantial advance on the Tondon Stock Exchange and "bolstered prices in other sections of the home list.

TRADE NEWS

NEW YORK, Oct. 24 (U. P).— Sales of the electric light and power industry to ultimate customers during August reached a total of 8,952,883,000 kilowatt hours. A gain of 106 per cent over 8,092,624,000 in

August, 1938, the Edison Electric Lot

Institute reported today. Revenues from ultimate customers during the same month were $189,225,400, an increase of 3.8 per cent over $182,380,300 in the 1938 period. Sales per customer rose 5.4 per cent to 882 kilowatt hours in the latest period, while revenue per kwh. declined 3.5 per cent to 4.13 cents.

Cites New Outlet

NEW YORK, Oct. 2¢ (U. P).— New foreign outlets, particularly in South America, will offset any de-

cline in European business of L. C. Smith & Corona Typewriters, Inc,

Hurlbut W. Smith, president, pre- xX

dicted today.

N Sales volume thus far in 1839 has|3 t

exceeded the corresponding 1938 period, and the normally heavy Christmas season business in ths company’s portable typewriters is expected to reach a new peak this year, he added.

Lockheed Sales Up

BURBANK, Cal, Oct. 2¢ (U. PJ). —TLiockheed Aircraft Corp. today reported net sales of $23,975,523 for the nine months ended Sept. 30, an increase of 200 per cent over the corresponding 1938 period’s total of $7.956,527, and compared with $10,274,503 for all of last year. Backlog of unfilled orders as of Sept. 30 totaled more than $30,000,000, and deliveries at present are well ahead of a-year ago, Robert E. Gross, president, said. :

RAILROAD MEETING TO BE HELD ON TRAIN

PHILADELPHIA, Oct. 24 (U. PJ). —Directors of the Lehigh Valley Railroad will hold a meeting Friday, “somewhere in Pennsylvania,” it was announced today. The Board will convene aboard a train for the purposes of an inspection trip prior to the meeting. According to the road’s by-laws, the meeting must be held within the state boundaries.

DAILY PRICE INDEX

NEW YORK, Oct. 24 (U. P.).— Dun & ;Bradstreet’s daily weighted price index of 30 basic commodities compiled for United Press (1930-32 average equals 100): Yesterday ...co.esecsseeeese. 118.76 WEEK 280 «.eerensecsssseesss 119.11 Month 880 .cecessccssscccces 118.33 Near 880 ......cccseesssccees 104.87 1939 High (Oct. 18) ...ccs.... 119.66 1939 Low (July 24) ...ce0ee.. 101.40

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

Adams EXp .... 10 Seog

bhott Lab

RuolgRREy ® FSF

9 e330.

XRF ae F

0 Loco 3 . 13 P&L 5 pt A 44% \m Rad&SS ... 107% T&T ......166 Kater Ww .. 13%

33% Lo. . 9% Goods 10 32

\rtloom .

¢ t as

OB ONLI 03 Orit =I0I

Bald Loco ct... Balt & Ohio...

rnsdall Beth Steel .... 90 Va, Beth Steel 5 pf 17% San .. 30% 21%2 27% 13% 25 22% 12% 3%

d ... Ta Certail 6 pf 31% hecker Cab .. 21 hilds 6

Col Carbon v Tr .. 53% Solvents. 13% Edison. 30% - 2

Ji m om Comm

87 ¢ 48% u! - “ee Curtiss-Wr A.. 28% Dome Mines .. 22% 22% Douglas Air... 833% 83% Bu Fo Mfg .. 13% 13%

u Pon 1 8 Du Pont pf...115% 115% —E—

dor 4

-dddgdad

Y. STOCKS

yes |POW-JONES STOCK AVERAGES Last Change| =~

30 INDUSTRIALS 158.71 —0.15 +38.72 +0.90

+0.03

Yesterday ccccecoverercrenss

Year Ago ..cceenee High, 1999, 155.92; low, 121.44, * High, 1988, 158.41; iow, 98.95. i 20 RAILROADS Yesterday cccecccecsenias

High, 1939, 85.90; ' High, 1938, 33.98; : 15 UTILITIES Yesterday ......... cave sins ee Week AZO .ccocceccannes Month AO ....coecevccnres Year Ago ..... Wesreenannnes High, 1989, 27.10; low, 20.71. High, 1938, 25.19; low, 15.14.

- Net Last Change Ys Ve

wift & CO .... Swift Intl .....

Talcott J Texas Cor

2 | Texas Gul

her Thomp Star pf. Tide W A Oil.. Timk D Ax .... 21 ansamerica .. Twin CY RT...

Union B&P ..

Valker (H) Jalworth .... Jarner Bros .. Jeb-Eisen .. Jest Pa El A. Pa El 6 pf:. Jest Auto Sup Jest Union .

. . . . «ee

- - ©. Sow

[0 = C3 1 CO LI EO ©

Ses Q

to... M pr p

"THE INDIANAPOLIS TIMES ——— INDIANA" GENERAL BUSINESS CURVE

1923 ~1936=100

[[]

1923 1924 1925 1926 1927

1928 1929

1930 1931 1932 933

1934 . Indiana University Bureau of Business Research.

193% 1936 1937 1938 1939

To $11 Peak Quotation; Sheep Steady.

The top hog price, quoted on 180 to 200-pounders, slid to $6.75 at the Indianapolis Union Stockyards to-

according to the Agricultural Marketing Service.

Weights under 260 pounds

i dropped 15 to 25 cents, offérings

ranging from 260 to 300 pounds declined 5 to 10 cents and heavier weights held steady, the governmental authority said. There were numerous 5 to 10-cent premium sales. Vealers were 50 cents lower with the top price at $11. Lambs held generally steady with the top price

5 at $10.

Top Repts.| Oct. ....$ 7.40 8246/21 .... esses 1.40 8505/23 .... 7.25 9673(24 .....

To 7.1! 7.00

Packing

Barrows and Gilts d and Good and

0 0

0 0 0 0. 5

.55- " Slaughter Pigs .60/Medium and

DAHA RD

East Air’ Eitingon

Lines 23% 23% Sch.. 13% 1% ‘Auto-L .. 38% 38% & L 53 of 4 30% & L $7 pf 35 © 35 Eng PES Ha quit g ... Ex-cell-o 243; Pid f Fe Fairbanks .. 8 Fe 0 F Wat S A....

Fed Dep St.... Flintkote

1 P El P En

1 25 25 21% 213% —G— 7

> —-

Gen | Electric. . Gen Foods .... Gen Motors ... Gen Pub Sv... Gillette 8 $5 of lidden .. ... jobel. Adolf .. oebel Brew .. oayear .e ranite C Stl.. rant WT ... t North of ..

Sg Ste

FES

- OBI LONI DL

O000Q00

IDI LIBINY

4% 13% | 26" Vs

26 TV

Sentral .... 15% ent L L... 48% cee. 271%

on Motor..

I Ill

Int eee Int Pb & Bof. 4 {A Int T & T For.. 5! Intertyne atk J . 402 40% —L— L-O-F Glass .. 53% 53% B. 99% 99% 44Y, 44Y% 17% 171% ves 61 61 —M— 32% 33% 13 15%; 5% 16% 39% 412 4 21% 46 14% 12% 12 16% 1% 20

56% 25%

Kennecott

iami Cop .... lident Pet .... Mo-K Tex Mohawk Cp ... Mont Ward ... Mueller Br ,

Nash-Kelv .....

23%

us Otis Elev ..... 17% 17%

—P Pac Am Fish... 6 Pac G & El.... 31 Pacific Ltg .... 47 Packard 4 Paramt Pict ... 8% Para Pict 2 pf.. 9% Penn 26 Phelps - Dodg .. Phila Read C I Phil Morris ...

Pure Oi . Purity Bak ....

adio eading 1 pf .. 28 tem Rand ...

6%s 23 11%

Seid HIE

IHL

4 >

—- aa

FINESSE SS 2 Q

aes

Te apolis Bond & S

Ya|l

9%; 15 Haut, i 187% zi T Haute Water Wks 6% 49 19

Vh Sew r ys Overland 2 oodward Iro. 5 Voolworth ron rit/d —Y—

Yellow Tr _... 20} Yellow 2'ot "118 Young Sheet .. 53% - Tm 17%

} Curb Stocks

Net - -- High Lo t Aero Sup B ... re v Las Cha te Alum Co Am ..13 136 136 Am Cyan B ... 347%

upe Asso GEE A .. 9% Atlas Corp wts 7% Bath Ir Wks .. 9 Bell Air Braz: T. Brewster m

. 4) Copperwld Stl... 15% Creole Pet ..- 26% Ea Gas & Fuel 4; EaG&Fuel pr pf 39% El Bd & Sh .. 9%

a SSN

desdsssssdgasdsdsd E28 SHITE HE EEE

- BD hea LO LION OD - he tpt ot { = 80 4 LILI DO

od ready Woo oa

Zenith Rad....

5 a

Ford M Ltd ... Fruehauf Trail. G El Ltd rets..

Hecla Min Hollinger Humble Oil Insur No Am. .. Kingston Pro . Loukhsed Air ~..

FESRSSEAN NERS

I+:

Technicolor Un:

++:

Wright Harg ..

LOCAL ISSUES

The following

sent actual price offerings, indicate the approximate market based on buyin recent transactions.

Stocks

Auto Invest Cor 54

Unjon Title Terre Haute Van Camp Milk Co com.. A Van Camp Milk Co pfd... Bonds

American Loan 5s 51 American Loan 5s 46 Citizens Ind Tel 42s 61 102 Crabbe-Reynolds-Taylor 5s 42 97 Home T&T Ft. Wayne 5% 55..103

funcie Water 5% 65 ........102 Natl Silk Hosier Mills 5s 42.. ’ Nob ville. HL&P 6%% 47....100

55 ater Wks 5% 94..103%2 T Haute Water Wks 5% 36...100%

Tract Term Corp ‘*Ex-Dividend.

LUMBER ACTIVITY SLOWS

+1 Good and choice

guotations by the Indian- 1bs., $6. are Corp. do not repre- y $6.75@ but merely |! level and selling quotations of

Ask

eo Mot 13

ENE

.... | “WASHINGTON, Oc:t. 24 (U. P..

—Lumber activity the week ended Oct. 14 ran well ahead of the corresponding 1938 period but eased from the high level of the preceding week, the National Lumber Manu-

RRS aaR8 8a

tO RIL 400 000) eS FERNENSS

ab’d Air L % — Ya

NEW YORK, Oct. 24 (U. P).— The United States Steel Corp. is planning extensive additions to its equipment to cope with increasing demands for: steel, it was learned | today. Carnegie-Illinois Steel Corp., its principal subsidiary, has completed a program for additional equipment at its Irvin Works. This consists of one five stand, tandem, 42inch cold reduction mill and two 42-inch temper pass mills. The latter are considered as one mill. Cost of the additional mills which will be built as supplemental equipment to the Irvin Works at Clairton, Pa. is unofficially estimated around $12,500,000. Contracts have not yet been let. The corporation announced today that it has drawn up tentative plans for a 32,000-kilowatt power plant to be built by a New York firm at the Carnegie-Illinois Carrie Blast furnaces in Rankin, Pa.

od Association reported toay.

U. S. Steel Corp. Plans Expansion of Plants

lion dollars, although estimates were s not available as to the exact cost.|X

In addition the various subsidjaries of U. S. Steel have been. rehabilitating many plants recently considered obsolete to step up production to fill mounting orders. Columbia Steel Co., West Coast subsidiary of U. S.- Steel: Corp., is planning a $1,000,000. modezrnizativn program, it was learned. Operations at the plant have been around

ports said. Con®ruction of the mills will require several months, it was learned. The - corporation ‘anticipates the electric power plant will take 10 months to build. This is the first brcad expasion undertaken by any steel .compaay since the operating ra‘e ran up in recent weeks to full capacity in many instances. It - comes after completion by U. S. Steel ‘of a 10year $642,000,000 expansion and re-

s glso will ‘involve. several mil

habilitation program.

A he

capacity for some time, trade re- ca

NAAN RNDN

.0 .1 .5 1 | .6 5 4 3

Good— 5- 6.55| 250- 500.. 5.50- 6.1 6.25- 6.40] 90- 120.. 5.50- 6.00

160- 200. 6.00- 6.50 Slaughter Cattle & Vealers (Receipts, 1964)

Steers Bulls (Yearlings excluded) Choice— Be

700~ 900 $10.50-11.00( Good ...$ 6.75- 7.25 - 0 Sausage— G 75- 7.25

ood ... 6. Medium . 6.25- 7.00 Cutter an . common . 5.25- 6.25 . ‘ealers 11 . All Weights— 1300-1500. Good to Medium— ..$10.00-11.00 1750-1100. n 1100-1300. Common—

750-1100. ive Steers, Hetters | {ESP 80880 Mixed— Ch Dattle, Steers 500- 750. 10.50-11.00 500 S00 $ 9.00- 9.75 50. 9.00- 9.50

800-11 8.50--9.00

Goo 500- 750. 9.25-10.50 Good— Heifers 200-1050: 8.25- 8.75 hoice— um-— 750-900. 10.25-11.50 A0A0S. . 50-218 000— 750- 900. 9.00-10.25 a 5:50. 7.50 : a 0. 7.50- 9.25 Medium and CR ih 500- 900. 6.35- 7.00 Goch rey este Cows 500 down $ 9.75-11.00 -..8 6.50- 7.00, 500 down. _8.50- 9.50 od 3 §30- LHS Calves (heifers) '4.75- 5.75 $9.00-10.00 ow — cutter)... . 3.75- 4.715 . 8.00- 9.00 SHEEP AND LAMBS (Receipts, 2876) Lambs . i Medium and choice 6.25 3.28

Ewes (on shorn basis)

od and choice ommon and medium

CHICAGO LIVESTOCK

-Hogs—Receipts, 14,000; generally 10@15¢ lower than Monday's average; active at d $7: bulk good and choice 20085@7; 300-350-1b. butchers 6.90; good and choice 1603 ghts, [email protected]; most 270-360-lb. packin ‘sows, [email protected]; 360-450-1b. kinds, 6@

Cattle—Receipts, 6000; -calves, 1000; all grades yearlings active, fi fost jpuvanes of hinds sealing, nde 5 bs.: heifer yearlings scaling S. 25; several load heifers, $10.25

. 110.75; mixed offerings. $11; light to JRetivm

weight steers, scaling over 1500 lbs.. ady; 1293-1b. offerings, $10.90; several loads, @10.70; ood . weights, [email protected]; e price scaling 1470 lbs.; these averaging

10@15c¢ higher, 5 slow, §

scaling 1400 lbs. feeders fairly active, most yearling stockers, $9@10; calf weight offerings up to $10.75, late Monday. when selected ‘stock calves reached $12 and better; cows, alls active and firm at $7.40 lers steady at $11 down. Receipts, 5000; early trading on yearlings weak 15¢ lower;

2 few sales good native lambs, $9,[email protected];

medium to good Texas yearlings, $7.14@8; little doing on fat ewes. .

OTHER LIVESTOCK

CINCINNATI, Oct. 24 (U. P.).—Hogs— 3000, holdover, 320; uneven, 5 cents lower; top, $6.75: 240- : s.. $5.25@6; sows @5.75

; calves, 300. Fresh ly limited. Geny. around 1025-1b. fed scattered lots good 1

@ sausage bulls, $6.75: practical top vealers, $12; bulk good and choice, 1@12. Sheep—Salable, 400. Broad demand for light supply at fully steady rates. good trucked in lambs, [email protected]:

able strictly ewes and wethers to city butche's, $10; common and medium, [email protected]; slaughter ewes, $2@3. :

PT. WAYNE, Ind. Oct. 24 (U. P.).— ents lower: 180-200 lbs., $6.60; 2 40; 160

0. % ; 120-140 1bs., $6.05: 100-120. 1bs., $5.80. Roughs, $5.50; - stags, $4.50; calves, $11.50; lambs, $9.25.

LAFAYETTE, Ind., Oct. 24 (U. P.).— Hog—Market, 25 ts lower: 160-200 lbs., [email protected]; 200-260 lbs., /[email protected]; 260jos 2 9.25026 35. Digs yi 8 ows; oughs, own; ¢C . .50. Lambs, $9.50 down. al¥es, SHE

FOREIGN EXCHANGE

NEW YORK, Oct. 24 (U. P.) —Fodowing are noon cable rates on majo currencies: | : Cable Net

A Rate Ch England (pound) ¥ $4.01% $004 Canada (dollar) .89% +.00%

—.0005 Unquoted T0001 Norway (krone) ood orway rone) .. -— Denmark (krone) .... ain Japan (yen)

U. S. STATEMENT

WASHINGTON. Oct. 2¢ (U. P.).—Government expenses and receipts for the current fiscal year through Oct. 21, compared with a year ago: i

Receipt 1,668,491,687.79 1,73 Gross

.» }-318.245.114.21 1,023,666,242.70

. ..1,230,098,832. 2,072,551,366. Pub. Debt 40,964,403,230.15 38,420,889,718.14 Gold Res. .17,010,798,787.73 14,011.630,610.7 Customs .. 110,574,954.40 t01.837.800.42

INDIANAPOLIS CLEARING HOUSE

$4,119,000 8,433,000

ITN

2 TYPEWRITER

- | burg;

s Year Las! Expenses ..$2.096.604,452.16 s2.713 3078s 08 : Def. 1:328:112,764.07 1038.960,483.70 3

day in generally weaker market,|

TOP HOG PRICE Nash Sales 100 Per Cent DROPS TO $6.75 Better, Dealers Are Told

: Vealers Decline 50 Cents

A. R. Boscow (left), assistant general sales manager; R. H. Grant, . advertising manager, and A. C. Tiedemann, regional manager, of the Nash Motorcar Co., discuss gains made in the company’s sales.

» ” »

Sales of Nash autos are running more than 100 per cent ahead of last year, A. R. Boscow, assistant sales manager, told factory officials and Nash dealers at a convention in the Antlers Hotel today. The meeting here was one of 32 conferences being held in key cities of the country this week in a campaign to meet increasing business, officials said. Mr. Boscow said the Nash Motors Division of the Nash-Kelvinator

# 8 #

field activities will be increased.

Corp. is now the fourth largest auto company in the country and that

“A new type of dealer council has

ON THE

7:00—Big Town, WFBM. 7:30—Walter O’Keefe, WFBM. 7:30—Information Please, WLS. 8:30—Fibber McGee,. WIRE.

Gilt-edged and golden-voiced is the cast assembled in San Francisco for tonight's performance of Wagner's “Die Walkuere.” Listeners who don’t mind staying up will be rewarded by a broadcast of the second act with the following singers: Kirsten Flagstad as Sieglinde; Lauritz Melchoir as Siegmund; Marjorie Lawrence in Brunnhilde’s role; Julius Huehn, the Wotan; Kathryn Meisle as Fricka, and Norman Cordon as Hunding. The broadcast is scheduled for the hour beginning at 11 p. m. on NBC-Red. You might try WMAQ, Chicago. # ” » Two lengthy broadcast sessions are scheduled for tomorrow as the New York Herald Tribune Forum goes into its second day. The first pickup, from 12:45 to 2 p. m., will bring talks by Mayors Fiorello La Guardia of New York and Jasper McLevy of Bridgeport, Conn.; Clarence A. Dykstra, University of Wisconsin president, and Lewis Douglas, {Mutual Life Insurance Co. presi-dent-elect. A second program, from 2:15 to 4:15 p. m., will carry addresses by Governors William H. Vanderbilt of

8 =

| INDIANAPOTIS' WFBM_ 1230 (CBS Net.)

Kathleen Norris Golden Store Hollvwood Scattergood

(NBC-MBS)

Girl Alone O'Neills Dick Reed Dessa Byrd

Svelling, Bea . 8. Renorts Child’s Or. Hoosier Sports

Pleasure Time Myvsterv

In| ARRAN HESS

News Jimmie Fidler Second Husband Dic ee: Jobnny ; Present

Heidt’s Or. ” ”»

Big Town Walter O'Keefe

”»

Pharmacy Week k Reed

;

‘RADIO

Rhode Island, Lloyd C. Stark of ‘1 Missouri and “Harold E. Stassen of

Minnesota; Senator Joseph O’Mahoney (D. Wyo.); Undersecretary of the Treasury John W. Hanes; State Controller Morris Tremaine of New York and President Harry Gideonese of Brooklyn College. This is the ninth of these annual newspaper-sponsored forums on current problems. Both broadcasts are on NBC-Blue. 2 8 » “Information Please”, listeners are faced with a critical 30 minutes this evening when the popular quiz show takes the air at 7:30 p. m, NBC-WENR. Besides Literary Critic Clifton Fadiman, master of ceremonies, the show will have, as guest stars, Poetry Critic Louis Untermeyer and Music Critic Deems Taylor. » ” 2»

Four addresses, keyed to timely topics, will be available on the three major networks in the coming 24 hours. CBS will present Msgr. John A. Ryan at 9:45 o’clock tonight, and NBC-Red will carry the voice of Senator W. Warren Barbour (R., N. J) at 5 p. m. today in discussions of the neutrality bill. Interior Secretary Harold L. Ickes will be heard at 12:30 p. m. tomorrow (NBC-Red) in a speech before the National

Coal Association convention in New “and Anthony Eden will be

York, rebroadcast from London at 2:15 p. m. by Mutual.

THIS EVENING

(The Indianapolis Times is . . ments caused by Station changes t Tesponsible tor inaccuracies in program announce-

INDIANAPOLIS WIRE 1400

CHICAG WLS EAR 8 CNW Say (NBC Net.) (NBC-MBS)

Unannounced Kittv Keene Lent tsey’s or. Atainst Stam Jac rmstro Dinning Sisters Invitation gid Romance,

Swingti Bayi Bare d Dent wingtime aker an ento® Child’s Or. Dinner Music Tom Mix Lowell Thomas Easy Aces

Pleasure Time Tost Persons

ews Melody firove Inside Sports

Johnny {Presents ”» ”

ews Sports $s Aldrich +Family Information Please Heidt’s Or. ” ” ” ”

We the ee People

Crosby’s . Or. Fibher McGee

Crrmmitt, Sand. ” ”

Boh Ber-~hley ” ”»

Concert Kassel’s Or.’

Crrmmit. Sand. Fibber McGee

been adopted,” he said. “Under this system, factory officials will meet periodically with dealers in the field to co-ordinate field activities more effectively.” The dealers discussed marketing the new Nash-Lafayette in a campaign to enter the low-price field competition next year.

11:30 11:45

H. Kemn's or. Jndith- Arlen Singing Cop Amos and Andy

ews Paul - Sullivan Vocations

Bo, Hons Dorhouse !, ” ”

2|e2e2|mrnn|aaatlan

-h

Biltmore Boys

oh 2 EPH EH EF PHF EPR HEF ERE A

nb >

ews Jureens’ Or. ”» »”

[ 3: =

11:00 Revnold’s Or. 11:15 ” 3» ’ Nichol’s Or. » 5 » i. T. Dorsey’s Or.

Recordings ” ”

H. V. O’Brien

Bob, Hone Fun With Famous Dorchouse ” ” ” Peter Grant Moore’s Or. Field’s Or. ‘Lookout Or. Beverly JHills

Morn River ” ”

News Bardo’s Or. Kassel’s Or. ” ” Rerordings ”» ”

Walen’s Or. Messner’s Or.

LOCAL

“B USINESS

Art Rose, president and general manager of the Rose Tire Co., 930 N. Meridian St., today announced the appointment of Harry Einstandig to ths firm’s sales force. - Mr. Einstandig, a native of Indianapolis, is a graduate of Manual High School and Indiana. University. He is a member of Phi Beta Delta Fraternity and was a member of the I. U. swimming team.

Sees: New Sound Use

Instruction of school children by sound movies in the near future was predicted yesterday by Carl Reifsteck, chief engineer of the R. C. A. Manufacturing Co. at the weekly

...| meeting of the Indiana University

Club of Indianapolis at the Columbia Club. In the near future, he forecast, all school rooms will be wired for sound and equipped with motion picture machines for visual education. The legitimate theater also will be “saved,” he said, by use of sound

11 equipment to project the actors

voices to every part of the theater. He also predictgd use of sound equipment to give orders during wartime over loudspeakers.

Win Sales Contest

Members of the women’s shoe department of the William H. Block Co. last night were entertained at a “victory dinner” at the store, awarded them for placing first in the 43d anniversary sales contest conducted recently by the store. The name of J. P. McElroy, head of the winning department, was engraved on a large loving cup, pre-

|sented each year to the winning

branch of the store. : . Charles W. Jones, general superintendent of Block’s, was master of ceremonies at the dinner. A program of entertainment followed the dinner.

1 " Incorporations

Hausske-Harlan Co., Inc. Benton. and

1 .. Peru; agent, Harry E. , same address; 1000 shares of $10 ar . value; furniture business; Jo R. all, Harry E. Williams, Lillian C. Wilams. : Zenith Realty Corp., 825 State Life Bldg., Indianapolis; agent, I. Sidney Stein, same address, shares without par ue; real estate: Earl Grimsley, Harold fiee, Dorothy Curtis. Buffalo Trails Bus Lines. Inc., Huntingburg. agent. Otis Chaudoin, AMunting. 100 shares of $10 par value; freight and passenger transportation; Sharlon J iller, Otis Chaudoin. Carrie Miller. Lyric Theater O graging Co., Inc. N. Illinois St.. Indianapolis; agent, liam_ A. Brenna. 428 inois Bldg.. dianapolis; 120 shares no par value; oper-

ating theaters and other amusement -en-|j-

terprises; Clarence W. Means, Otto. W. Buenting. Ted" Nicholas. R. ih Miller Stores, Ing. NeW Jotk ration; change o ent to Ja : hfe. 51 Merchants Bank Blag.. In4 Bailey ‘Electric Service Indianapolis; registration of trade-mark. ‘The Electrical 2 > glagy A Sleetrical apparass, machines and supplies. y to orehester Realty Co.. Indianapolis; dissolved by decree of. court. 3

LOCAL PRODUCE

breed hens, 2c; Leghorn hens, 100: * Barred and White Rock springers, 3 1bs.

3 ver, llc; colored ringers, 5 and > 10c: Leghorn brotlers, 2 1 ‘strictly fresh country-run _eggs, 1807 h fall case must weigh 353 Es; gross; a net deduction of 15¢ for each full case under 55 Ibs. wi made). Bue erat, No 1 Bic: 0 ui 140 ; butterfa: 0. 1. 3 . 8, : ne (Prices quoted by Wadley Co.)

{and over, 9c; old roosters, 7c

aluminum alloys which will insure

INVESTMENTS IN

WEDNESDAY INDIANAPOLIS WFBM 1230 (CBS Net.) Early Birds

(NBC-MBS)

Dawn Patrol Markets

INDIANAPOLIS WIRE 1400

PROGRAMS INDIANAPOLIS C ’ WIBC 1050 Tw 00 (NBC-MBS)

Prayer snd "raise Mornin’ Gib Buchanan

U. S. BANKS CUT

Commercial, Industrial and Agricultural Loans ~ Are Reduced.

WASHINGTON, Oct. 24 (U. P.).— Member banks of the Federal Reserve System in 101 leading cities reduced their investment holdings by $20,000,000 in the week ended Oct. 18 while total outstanding loans rose $15,000,000, the system’s weekly statement revealed today. Commercial, industrial' and agricultural loans decreased $2,000,000. Loans to brokers and dealers increased $19,000,000 in New York City and $18,000,000 at all reporting member banks. Holding of United States Government direct obligations increased $15,000,000 and holdings of “other securities” decreased $19,000,000. Demand deposits-adjusted increased $42,000,000 in New York City, and $116,000,000 at all member banks. Deposits credited to domestic banks were up $72,000,000, while deposits credited “to foreign banks increased $9,000,000 at New York City and $6,000,00 at all reporting banks. Borrowings of weekly reporting member banks amounted to $1,000,000 on Oct. 18.

ALLOY CONTROL AIDS BRITISH WAR NEEDS

LONDON, Oct. 24 (U. P.).—The alloy steel industry has voluntarily propounded ‘a scheme of control over orders for magnesium and

prompt fulfillment of requirements of the Government defense depart-

Abbott Lab Allied Lab Inc Allis Chalmers Bendix Aviat «c.cee00 Bliss & Laugh .ece0e... 31 Butler Bros ... Cities Service

Comwlth Edison . Consol Oil Cunninghdn Drug ... Decker & Cohn ........ Dexter Co

Gossard CO «¢ee.... Ill Cent RR

Dawn Patrol ”» ” News

City Today Air Kitchen

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News

Freddie Miller Good Morning Ensemble Miss Julia

Kitty Kelly t and Marge Hillton Stepmother

Lannv Ross Brenda Curtis Biz Sister Life Storv

Kate Smith Girl Marries Farm Circle

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Msn I Married Wife

Plain Bill

David Harum Tintenzo Jones Widder Brown Road of Life

Singin® Sam Pr. Malone Headlines Linda’s Love

Farm Hou Markets. Reporter Voice of Exper.

Betty & Boh

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Farm Bureau News Kittv_ Keene Vocations 1 o’Clock Tunes Dr. Susan Melodic Strings My Son & 1 Joyce Jordan

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® Chicago Stocks High Low Last 66% 66% 18% 18Ys ceseenees 43% 43% .. 30%2

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ments, the British Air Ministry announced today. :

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The plan, it was stated, also will utilize production capacity of the empire’s magnesium and aluminum properties to the “best possible ad-

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vantage.”

New Business Books “Available at Library

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Judisnapons grain elevators are payin for No. red, change: other grades on their merits. Cash

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Man I Married Other Wife Plain Bill Miss Julia

Iinda’s Love Happiness Tena & Tim Road of Life

Women Speaks } O’Neills School for Brides Farm Boy and Girl ’” "»

Home Falks ” ’ Earth 3 Ellen Randolph Jones Editor’s Daughter Voice of Exper.

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Tronic Moods Number Please

Music Honolulu Old Refrains Music - Jamboree ” ”

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KEY NETWORK STATIONS (Subject to change): CRS—WABC. 860; WIR, 750; WHAS, 820: KMOX, 1090; MUTUAL—WOR, 710: WHK, 1390; WHKC, 640: CKLW. 1030; WSM. 850. NBEC-BLUE—WJZ, 760; WOWO, 1160; WLS-WENR, 870: KWK, 1350. NBC-RED—WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670.

WBBM, 770.

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The - following new business books now are available at the business branch of the Indianapolis Public Library:

DO. YOU WANT TO BECOME'A BANKER? by W. F. Crook—An analysis of the functions of a bank and detailed information on the training and experience required for success in this field. AMERICAN MEDICINE MOBILIZES, by James Rorty—A study of the question of socialized medicine. N'T SAY IT! CLYCLOPEDIA OF ENGLISH USE AND ABUSE, by. John B. Opdycke—Twenty thousand terms from the point of view of spelling, pronunciation, use and meaning. OWER PROBLEMS AN POLICIES, by John Bauer—‘ The mi-. raculous industry that involves the welfare of everybody—consumers, inyestors, management, labor, public

officials. 4 YMENT RESEARCH, by L. C. Marsh—Introducing the program

o! Gill Universi has embarked. PROFIT SHARING PLANS FOR. IVES, comp. by National In-

dustrial Conference Board.

f social research upon which Mc- ||

corn, new No. 3 yellow, 45c. Oats, 5c.

SINGS FOR

FOOD PRICES

CHICAGO, Oct. 24 (U. P.). — Appl Michigan - Jonathans, bu.. 85c@ sotatoes—Tennessee, bu., [email protected]. California, crates, [email protected]. Spinach — 7 Tomatoes — Cali-

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