Indianapolis Times, Indianapolis, Marion County, 26 October 1939 — Page 19

THURSDAY, OCT. 26, 1939

(GAINS, LOSSES ARE BALANGED IN STOCK LIST

Eearly Rally Fails Around Noon; Wheat Prices Are Lower.

By UNITED PRESS Stocks turned irregular today after an attempt to go through the year's highs in th ‘eearly trading. Opening active and firm in all leading sections except the steels, the list held for a brief interval and then turned down from the highs. By noon gains and losses balanced eachother and the industrial average was under yesterday's close. There was little change from the noon levels in the early afternoon trading and volume was light. Failure of the market to break the old highs brought in some selling although there was no nervousness displayed. Follow Through Fails Strength came into General Motors and the stock made a new high on a $1 gain. This rise failed to attract buying in other issues of - the automobile department and proved a dud so far as the general list was concerned, thereby adding to the disappointment on the market’s action.

Oil issues dipped small amounts |S

and the rails and coppers turned irregular, Utilities were strong spots and their average crept toward the

year’s high. They held gains as the Q

list turned into the fourth : hour. Mercantile stocks about held their own as did the rubbers. Amusements eased. Aviations were mixed wtih Douglas off more than $1.

Opening strength in speculative g

bonds gave way to

irregularity around noon.

U. S. Government

and foreign issues moved moder- 8

ately lower in quiet trading. Wheat Declines Rains in the Southwest sent wheéat down a half cent on the Chicago Board of Trade. At the end of ‘the first hour wheat was off 12 to % cent, corn was up Hu to off 1s cent, and oats were 1; to 1; cent lower. Oklahoma and Texas received good rains last night to relieve the winter wheat crop seeding situation, and showers were recorded in sections of Kansas. More showers are predicted for these states tonight. Corn fluctuated narrowly, December showing strength. British ‘funds and South African

with

gold shares led a moderate advance &3;

on the London Stock Exchange. Domestic bonds firmed on news of a reduction in the bank rate from 3 to 2 per cent.

Chicago Secs

low

: Gt North pf ..

Lea Merenall Field Merch & Mfg A Midl Ut 7 pr lien Noblitt-Snarks ow No'west Banco

Pines Wfront Schwitzer-Cu Stewart-War

ift & Co Utah Radio Prod Walgreen Co Woodall Ind Zenith Radio

LOCAL ISSUES

The Ollowing JJyctasions by the Indianapolis Bond sent actual os offerings. indicate the approximate market based on buying and selling quotations of{L recent transactions. Stocks Auto Sgvest Corp Belt RR & Stks ds com. Belt RR & Stk Y f.. Cent Ind So oro of Home T&T mn Wayne % Hook's Drug I nt Hydro Elec Ton Ind & Mich 7% Ind Gen Serv pf Frid

D9 Dt put bd 00 Ha Oh 0) ~JO + ae SO NTNES NT

—

n in

dpls P&L 6'27» pfd Hey Nat Life Ins Co com. N Ind Pub Serv 5'29% pf N Ind Pub Serv 77% pf

a N Ind Pus Serv 67% pid

Terre Haute Elec .. .. Van Camp Milk Co com Van Camp Milk Co. pfd Bonds - American Loan 5s 51 American Ioan 5s 46 Citizens Ind- Tel 4'2s 61 .. 1 Crabbe-Reynolds-Taylor 5s ‘42 Home T&T Ft. Wayne 5% 55. 1 Home T&T Ft Wayne 67% 43.. Ind Asso Tel 42% 65..... . nd Tel 57% 60 Indpls Railway Inc 5% 67.

KR Morris 5&10 Stores 5% Muncie Water 5% 65 Nat] Silk Hosier Mills 5s 42.. Noblesville mar 62% 47... “100 Ohio Tel Co Pub Tel 4'%2% 5 Richmond Water 5 wis 5% 2: T Haute Water Wks 5% 56. T Haute Water Wks 6% 49 ...102 Tract Term Corp *Ex-Dividend.

x DAILY PRICE INDEX NEW YORK, Oct. 26 (U. P).— Dun & Bradstreet's daily weighted price index of 30 basic commodities, compiled for the United Press (19301932 average equals 100): Yesterday ...coooeee-eeeees.. 119.02 “Week 280 ..ceeveeccesecsa..s 119.38 Month ago .......cco00ee.... 118.36 Year ago ... tesaseea-es 10485 41939 high (Oct. 18) .......... 119.66 1939 low (July 24) .......... 101.40

U.S. STATEMENT

WASHINGTON. Oct. 26 «0. P.).—Gavernment expenditures and fegeivts for the current fiscal year through Oct. 24, compared with a year ago:

This Yea t Yea ] 5 058. 408. 38. 39 $2, ois. 270, 367. 74 IU Lai Gross Det. 1 18 aaa aaa 3

N of .. 1, 359 Can Bal - L 2, 2 Ds: 163. 2

Expenses . Receipts

Gold Res fact 215,188.98 14,

Customs ... 113,208.677.39 008: 693,320.99

INDIANAPOLIS CLEARING HOUSE

Clearings $3. 2368.00 ,000 Debits

WAGON WHEAT > i | rain elevators are paving Tor inane ved. 8 80c: subject to market change: other grades on their merits. Cash corn. new No. 3 yellow, 45c. Oats, 5c.

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

8 Kalamazoo S&F tt 4

» | Mo-K Tex pf ..

2 | Murray

ee High Lov bbott Lab ... \cme Bel Furs Be Bue ams E ve ddressograph. aga 4 aska Jcun .

f i, 4

et Last Be €5 «i 562 7

ny hy a ” > 2

bbo!

Am 38 Am 3k Note pf 52% Am Ga 1 012 Am Car Rv, 39% \m Chain _& C 23% wr.. 24 © 49%

DD i eT oe a DEED RB» >> aus 33 Ei

[HH FRTTH AFF FF

Aviation Corp -.

+++

3ald Loco ct .. Bendix Avn en Ind Loan. ne eth Steel 9334 eth Steel 5 of 17% Boeing Ai 3orden Borg-Warner Sie iS "ayo

ulova Me roms , utler Bros . yers, A M C139

—C— Calumet & H .. 87 Campbell Wy .. 16% Canada Dry a. 153% Can Paci c 5% Celanese Celanese pf Celotex .

Cluett Peab . Cora Cola

at .e Zdison So. h So p Cong Nairn ... Cons Aircraft ..

C $ Curtiss Wr A..

Del &; Hud, ees Dev & R 2 Doehier D A cast 2 Dome Mines ... Bredser Air ... resser Mfg ... Du Pont 1 —E— East Air Lines. 2h Elec Auto-L .. Elec Boat .... Elec Pwr & Lt 9° ElP & L $8 pf Ex-cell-o ..... 25

Fed Mot ... Firestone T . Flintkote Freept-Sulphur.

OI hohe

Gair Robt of .

Ct HE

63 42% 44, 3% 87 55%

13% 25%;

Gen Gen Gen Gen Gen Gen Gen

Gen . Gillette S .. Gimbel Bros .. Goodrich eee 2 Goodyaer ~|Graham-Paige . Granite C Stl. Gt Nor Ore ...

DHE

Greyhound Cp..

Herc Lo Herc Pdr Pr ..

Houd- Hor B... Houston Oil Hud Bav M&S Hupp Motor ...

SUE

ji i

I Conta] vees Inland Stl _..... Interlake Ir ... 1 Int Harvester. . nt Mi Int Int P&P Int Int T&T Int

Johns-Man .... 817%

29 25% 28%

. 29 - Ba 285s

FIFE + FREE HEL

[++ ++:

Inc 17 Lone Star Cem. 487% 30% 333 D341), 17, 42%

[acAn & For. ak a .

H Thal Fd artin Gl . artin Parry . . ytag

oe > a

41g . 153, cIntyre Porc . 48% cLellan St ... 10 gad. Sorp

of’ . nly Ast pf’ . 23 iami Cop ... Mident Pet ... Midland Stl -

se KX’) - =

EE 23 2

[+4 +40 + FL

- =

Mont Ward Motor Whi

+H:

Nash-Kelv Nat Acme .... Aviation

++ Hit

1 Norwalk T 6's

Otis Elev Otis Steel

vo. 197% . 147% —P—

.19%

“._, | Yesterday

| Month Ago ....... FP’ Ser

2 Year Ago

8 Paramt Pict r

a Aero Sup 5 . 4|Am C

» . 2 | Copperwld Stl . Creole Pet ..

‘i, | Wright Harg

8 leach full case must weigh 55

N.Y. STOCKS

By UNITED PRESS

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS Sawn apie ceva-.. 155.48 41.41 —0.18

—1.90

Week Ago

Year Ago High, 1939, High, 1938,

155.92; low, 121.44. 158.41; low, 98.95. . 20 RAILROADS Yesterday .. Week ‘Ago Month Ago ... Year Ago High, 1939, High, 1933, ¢ Yesterday Week Ago Month Ago ...............

35.90; low, 24.14. 33.98; low, 19.00. 15 UTILITIES 26.26 25.85 25.09 25.19 High, 1939, High, 1938,

27.10; 1dw, 20. 25.19; low, 15.14.

Net Last Change 9Y2 10%

1 26% 40

En Low . 92 a Pic ot. 10s Penney 91 Penn “RR .. Pere Mqt pr ‘ot » | Pleiffer-Brew .

7 45Ys

FI 10 LH +

CHE

Servel Inc. .... shell Un oil .

Sum Sloss: -Sheftield § ith-Cor T cts

©o

It pt 1 = 00 OD CA) 14 CO JD NS 2 “Sa DER RHEE HE HE

Bt 0)

3S %

NID DRDO

CID BDIIODD =n SINI

+ HEH]

wit Intl

Texas Corp Tex Thatcher Thermoid pf. Th P

Transamerica .. Tri on 20th Cent Fox 153 20th Cnt Fox pf aon

+t HE

15% 25%

Und Ell Fish.. Union B&P ... Union Carb ... 91 Un Aircraft cp

CIEL T+ +

Steel Un Stores A..

ce... 38% 38% —W— 7% 23% 3% 102%; 107

Vanadium

Waldorf Sys .

35%

QW OO DANN BRN INDE J-T 3 oe

Wilson & Co .

Yellow Tr Young Sheet .. Young Stl Dr..

Zenith Rad ....

Curb S tocks

Net a Last Change it PL A... 31% Am Cyan B ... 35 Am Rep oP 1% Am Sup 1, Auas Corp is. 78 3ath 9, Sell Air LL. 26Vs Bellanca Air 9%

4Ys

“1p Vs

Brewster Aero. Can Marconi Carrier Corp

a [Celanese 1 hilds pf

Col G&E cv vt 6332 Col O & G .... Cooper Bes . 1234

. 26% Duke Power ... 72 Ea Gas & Fuel 43% Ea G&Ful pr pf 42% El Bd 934 El Bd&Sh 5 tf 1%

Lockheed Air McWms Dredge Molybdenum V2 Mont Ward A 1633 Mont LHP ..,. 33% Nat P & L

NY WaterSy 8 ot 8 8

Pac GE 6 pf Pennroad Sherwin-W ©... Taggart Cp .... Technicolor

a Un Gas Corp

Un Lt&Pwr Un Lt&Pwr B 6%

612 61%

LOCAL PRODUCE

Heavy breed hens. 12¢: Leghorn hens, 10c; Barred and White Rock springers, 21, Ibs. and over. llc: colored snringers. 2, lbs. and uv. 10c: Leghorn broilers, 2 lbs. and over. 9c: old roosters. Tc. : No+=1 strictly fresh country run eggs. 13c: bs. gross: a net deduction of 15¢ for cach full case

++ ++

Pac G&El . 31Y, 31% ac Tin 28 28

2 29c.

under 55 lbs. will be m=de. Butter—No. 1, 30% alc: No. 2. 28!'2 Butterfat—No. 1. 27c: No. 2, 26c.

NEW YORK. Oct. 26 (U. P.).— Repeal of the Walsh-Healey Act covering wages and hours was urged here yesterday by Dr. Claudius T. Murchison, president of the Cotton Textile Institute. The act, which applies minimum wages and maximum hours to the manufacture of goods purchased by the Government, imposes multiple wage scales on American industry, Murchison told the 13th. annual meeting of the institute. Stating that the Walsh-Healey Act was a forerunner of the WageHour Law, the institute's president said that it is “being administered by a board which reaches its wage determinations bya wholly different procedure and by totally different criteria. “The picture is one of contradiction and inconsistency,” he added. “It serves only to magnify the hardships of business and ‘increase at great expense the annoyances of inspections and governmental regulations.” Murchison traced the current upturn in demand for textiles back to May and June of this year, stat-

Walsh-Healey Act Repeal Urged by Textile Head

not create but merely intensified with great suddenness the forces of recovery.” The foundations of the current improvement were viewed by Murchison. as “laid in normal course” and “firmly based.” “If there exists any reasons for worry, they need have to do only with the superstructure of prices, production volume and terms of sale which yet remain to ‘be built,” he said. “The “experiences of the winter of 1936 and the early spring of 1937 are recent and still vivid in our minds.”

+0.29|

Officials of

here this week, inspect a “cutaway unit” of the new Chevrolet axle.

THE INDIANAPOLIS TIMES

Inspect Model of Chevrolet Axle

Times Photo..

the Chevrolet Commercial Car’ Department, who attended a two-day regional conference

They are (left to right) W. E.

Fish, Detroit, national manager of the Commercial Car Department; R. T. Mortlock, Indianapolis, truck sales manager, and J. W. Burke, of the Commercial Car Department. :

STEADY PRICES | PAID FOR HOGS

Practical Top Quotation at $6.80; Vealers Up; Lambs Firm. Hog prices at the - Indianapolis

Union Stockyards today held about steady, with the practical top price,

2 quoted on 180 to 200-pounders, at

$6.80, according to the Agricultural

» | Marketing Service.

A few strictly choice offerings at 214 pounds sold at $6.85. Vealers were strong to 50 cents higher with the peak at $11.50. Top price for lambs was $9.75, with bulk of ive offerings going at $9 to 50,

Top Rcpts. 6.75 962 6.80 6574 6.05 166 opackinz Sows nd Choice— 270- 300 $ 6.25- 6.40 300- 330 . 6. .35 330- 360..

6.15- 6.25

QUMOoOooWw = ieee

0 Slaugher Pigs 5 Medium a Good — .60/ 250- 500 5.50- 6.15 6.45] 90- 120.. 5.50- 6.00

6.501

O=303 00 02 =1=3b3 2228

aoARTBIRRD

160- 200. 6.00-

3a | Slaughter Cattle & Vealers (Receipts, 769)

Steers Bulls (Yearlings excluded)

..$ 6.50- 7.00 em . 6.50- 7 3

Vealers -10. Jal w Weights—

-10.00! .$10.00-11.50

nd 7.50-10.00 5.50- 7.50

to | ch os 25- 9.50/ Common ‘an 8. 00- 9.00! medium. 6.75- 8.00, CV 1 alves (Receipts, 377)

» DOLD BOO

L100- 1300. mmon-— 750 1100.

Steers, Heifers Feeder. Stocker Mixe

d— Chol Latte, Steers 30.7 750. 10.50-11.00 Noe a $ 9.00- 9.75 500- 750. 9.50-10.50] i a 9.00- 9.50

500- 800.. 8.50--9.00 ao. 2050. Choice

Med. 750- 500. 10.25-11.50: 360- 1000 . Common— 9.25-10.25| 500- 909 Cows

7.30- 9.25) Medium an 300-600. 7.50- 9.25/00 Hm, ands 50- 6.25 500- 900. 6.00- 7.50, Calves (steers) Cows

Heifers

7.50- 8.2 6.50- 17.50

Good and Choice— 500 down $ 9.75-11.00

Mediu .$ 6.24- 7.00! 500 Liven 8.50- 9.50 . 5.50- 6.25 yg Calves "(heifers)

oF 75- 5. 50 334 down $9.00-10.00 cutter) .. 3. 75- 4.75! 500 down. 8.00- 900 SHEEP AND LAMBS (Receipts, 1218)

Lambs

ood and choice 9.25- 9. % Sedium: and choice $ 7.25-

m. 2 Ewes (on shorn basis)

Good and choice

3.5 Common and medium 50

CHICAGO LIVESTOCK

Hogs—Receipts. 8000; acticn slow, few early sales about steady with Wednesday’s average, mostly on lishtweights; later trade dull, unevenly 5@l5c lower: tov, $6.95 spa ye ly: bulk good and choice, 200-300 ah $6.70 6.90; 300-330-1b. butchers, [email protected]; most well-finished 100-200 lbs., [email protected]; bulk ood . 330-450-1b. packing sows. [email protected] lig oa weights up Cattle—Receipts 5000; calves, 1000. General killing quality less desirable than Wednesday; all grades yearlings and light steers steady: Sthjcuy good and choice medium weight and heavy scaling up to 1400 lbs. steady’ medium to average good grade cfferings weak to 25 cents lower; no dependable outlets for long fed stzers scaling “over 1500 1lbs.: 1923-1b. averazes sdnasday. $8.50: ‘strictly choice 1371 $10.75; several loads medium weight i) weighty steers. $9.75@ 10.50: medium to good Kinds. 0 down to $9 and below; no strictly choice yearlings here; average choice yearlings, $11. the top; choice heifers absent, best 810.35: most heifers short feds selling. $9.50@ 10.25. with grassy kinds at little cattle higher for week: cows slow, steady today: bulls. about steady, with weighty $7.25 down: vealers, few selected. $11.5 She oa IL 00 fat lambs, fu ly 25 glasses (heady: top bh $2 a9, 25° $7.75:

mostly steady on al classes: 33d to choice native lambs to packers. [email protected] freely: limited number. $9.35; nothing done on jAnge or fed Westerns; few choice yearHues, I native slaughter exeh $3.50 mostly.

FOREIGN EXCHANGE

NEW YORK, Oct. 23 (U. P.).—Following are noon cable rates on major currencies: Cable Ne Change | 8

(pound) “ +10000%

(dollar) (franc) (lira) (

Unquoted $003 —.0001% +0002

+.0002 -+.0001

Colonial Thrifty Savings Accounts are Insured by Gove ernment Agcy. up to $5,000.

Colonizl - Savings & Loam

Association

MEMBER FEDERAL SAVINGS & LOAN INSURANCE CORPORATION 28 South Mlinois St.

This is an error. The Mask ‘and Noise

Duzchased

CORRECTION |

In yosteliny s Times the word Free was used in conjunction with Halloween Costumes.

but are simply given with each Costume

LEADER STORE

Makers are not Free,

8.25- 8.75 | 5

| common and

| calves, $11.50;

40, 16.490: @4.

LOCAL BUSINESS

Brothers - Co., Muncie, Mock, Delco-Remy Division, eral Motors, Anderson.

machine firm.

¢| Hear Psychologist

lumbia, Club.

keen sense of humor, he said.

Incorporations

Michigan Wholesalers, corporation. change of a Merrinane, 901 Leesburg Griffin Oil Co.. Inc.. ldg., . Indianavolis: Davis. same- address: par value; prospect for oil.

Inc..

d.. Ft. Wayne.

agent, William

as, ete.; C.

Butler Dairy Bar,

Inc.. Earl L. Brant, Butler.

100

Butler: agent,

ucts; ‘Earl Brant, Delbert M. Gillean.

Drum & Bugle Corps of Dewey Post. No. 29, of Rensselaer, Ind., ration, Rensselaer: no cavnital stock: tertainment purposes, Paul A ard Sandiland, Frank F. Hardman. The Ten-B-Low Co., Columbus, registration of trademark ° Class 45: foods and ingredients of foods. Aeration Processes. Inc., Columbus, O.: registration of trademark,

Charles H. Hopkins,

Trawinia, Inc., 2003 N. Meridian St., dianapolis; agent, Ralph B. Gregg, Merchants Bank .Bldg., Indiananolis:

J. Fillenwarth. Madge Harrison,

| Kohlstaedt.

OTHER LIVESTOCK

CINCINNATI, Oct. 26 (U. P.).—Hogs— Salable, 2600; joial, 3000; tairly ac ve, generally stead, $6.80; 240-280 “Ibs. $6.75; 100-140 hs. 65.2565. 50: most packing sows, $5.25015.75. 590; total, 565: calves, 230; steady on moderate supniy; ood grain on grass steers near 1000 lbs. 9.50; scattered lots medium to grades steers and yearlings, $8.25@ small lots good heifers, $9.35: common »

Sisk $12 strictly ¢ ood and alable, 400; steady on ATH suoply; lots good trucked-in lambs, [email protected]; offerings, scarce; eligible Trot [email protected]; ter ewes mainly $2@3.

FT. WAYNE, Ind., Octe 26 (U. oy

‘down: all Ibs

Roughs, $5.75; stags, ‘sd. 75; lambs, $9.

—— , Oct. 28 (U. P.) : 160-299 hs. 6. 35@8. 6: S58. 0 a3- 335 lbs. ; roughs, Rano $3 down.

TAPAYETTE: Ind Market stead 200-230 1h: Be nig!

down; oe, Sioa 10. 50:

Ten accounting exzcutives of Indiana firms will hold a reunion dinner tonight at the Marott Hotel. All are graduates of the customer administrative training program of the International Business Machines Corp. Those who will attend the dinner are: T. E. Tighe, Hecker Products Corp.; H. E. Bolander and Rex Sears,

Indiana Farm Bureau Co-Operative Association; H. E. Marsh, F. L. Sieveking and C. G. Stuart, Indiana Unemployment Compensation Department; J. H. Tarleton, Indiana Gross Income Tax Division, and E. R. Stauber, Shell Oil Co. Inc. all of Indianapolis; M. R. Emerson, Ball and R. A. Gen-

L. L. Sheppard, Indianapolis man9 ager of International Business Machines Corp., will preside at the dinner. Speakers will be home office executives and members of the educational department of the business

Behavior characteristics of successful life underwriters were described by Dr. Perry H. Rohrer, psychologist of the Behavior Clinic of the Cook County Criminal Court, Chicago, at a mesting yesterday of the Indianapolis General Agents and Managers Association at the Co-

Requisites of a successful underwriter are mental and emotional flexibility, imagination, command of an effective vocabulary, an understanding of human nature and a

Michigan ent to Paul E.

810 Fletcher rast

1000 shares of 310 Funk. Joseph J. Daniels, William G. Davis.

shares of $50 par value; retailing milk and dairy orod-

Biggs a enrnott, Rich-

0. Ten-B-Low"” —

“Instantwhip’’ —Class 45: foods and ingredients of foods. In1214 1000 shares no par value; real estate: Edward Mildred

200d attle—Salable, slow. about truck load 2 od

good beef cows, firm at $5.50/@6.50: canners and gutters, $2 -26 @5. 25; pradtical top or

choice Medivh, $6.50@ 8.50; slaugh-

50: —Oregon, crates,

TTH DISTRICT BUSINESS UP

All. Branches of Trade Gain, Federal Reserve Bank Head Reports.

Times Special CHICAGO, Oct. 26. Reflecting a marked upsurge in general business activity after the outbreak of war,

output of major Seventh District industries rose sharply through the month of September and continued high in October, George J. Schaller, president of the Federal Reserve Bank of Chicago, said today. The steel operating rate has approached capacity levels and volume of automobile production has shown a rapid seasonal expansion, he said. Concurrent with the general increase in industrial activity, practically all phases of distribution advanced more than seasonally, Mr. Schaller added.

Industrial Prices Firm

Prices for industrial products continued firm. Those for most farm commodities * turned A downward somewhat after their initial upswing in early September, but continued above the low levels of last summer, he said. Steel =aills in the district have stepped up their operating rate to 89.5 per cent of capacity by the fourth week of October, the highest actual volume output in history, Mr. Schaller pointed out. Demand for steel was general, but particularly heavy from the automotive and railroad industries. By late October automobile output was approaching peak production, though hampered somewhat by strike conditions, he said. New business at - district paper mills expanded notably in September and orders at furniture factories showed a more than seasonal increase.

in industrial activity. many district firms added to their payrolls. A nearly 10 per cent increase in volume of both employment and wage payments carried the general level of employment up to the closing months of 1937.

Building Contracts Up

There: was a substantial increase in building contracts awarded during September, due mainly to heavy awards for public utility construction, Mr. Schaller said. Both coal mining and petroleum refining in the area likewise showed gains during the month. District department store trade recorded a better than seasonal expansion of 31 per cent during September. Sales for the month totaled T per cent greater than in the 1938 period. Following a general upswing in prices for most farm products in early September, quotations for grains, livestock and meat products declined somewhat. Demand deposits of district weekly reporting member banks continued their upward trend in late September and the first half of October, Mr. Schaller said. Bank loans likewise expanded, mostly in the commercial, industrial and agricultural classifications.

FOOD PRICES

CHICAGO, Oct. 26 . P.).—Aoples, Michigan Jonathans, bu.. 80c@$l. Sweet Potatogs—Tennessee, bu., 90c@$1.10, Carrot alifornia, crates, [email protected]. Spinach—Michizan, bu.. 50@50c. California, lugs. §[email protected]. Cauliflower [email protected]. Peas—[email protected]. Onion Market (501b. ER Sweet Spanish, 75c; Idaho Whites, 70c; Minnesoty NE eliows, 50c.,

fornia, bu., $2.5

FHA

THE UNION

F. H. A. LOANS, 41%

More People Find They Can Own a Home on the

PLAN

TRUST CO.

Capital and Surplus $3,000,000.00

buy a Greyhound ROUN

Gave dollars GOING on your

‘you ren even more RET

fuxuriovs Greyhound Super-Coach. Vie Pie wip

2 IRA

EU RE

D-TRIP TICKET

: | Ryerson, Inland Steel Co. executive.

With the general September rise:

TONIGHT 3:00--azk 2 Basket, WFBM. 8:00—Good News, WIRE. 8:00—~Forum, WENR. 9:00—Music Hall, WIRE. 9:00—Workshop, WFBM. Z 10:00—Pres. Roosevelt, WFBM.

America’s Town Meeting of the Air relinquishes its time tonight in favor of the New York Herald-

Tribune’s ninth annual Forum: on Current Problems, which will run for two hours and a quarter on NBC-WENR, beginning at 8 p. m. President Roosevelt is the last speaker, and the evening's general topic will be “The, War’s Challenge to the United States.” The President speaks at 10 p. m. on WFBM and WENR. Others to be heard include Senators Henry Cabot Lodge Jr. (R. Mass.) and James F. Byrnes (D. S. C.); Gen. Robert E. Wood of the War Resources Board; Chairman Robert Hinckley of the Civil Aeronautics - Authority; Assistant War Secretary Louis Johnson; Acting Navy Secretary Charles Edison; Lieut. Oliver F. Naquin, commander of the Squalus, and Edward L.

8 2 »

Tonight's Columbia Workshop production (9 p. m., CBS-WFBM)

~ ON THE RADIO

Trenton, N. J, Iagwrights Elizas beth and Ben Vine. Called “A Letter From Above, ? it's about a man with a passion for let= ter writing who finally gets a dic tator to call off a war. He does this with the help of the figurehead king in the dictator’s country. The king arranges for “divine intercession,” there arrives “a letter from above” and the dictator, seeing the error of his ways, calls the whole thing off and goes. fishing. s ” 2

Guesting tonight are Paulette Goddard on the “Good News” hour, and ‘a varied - and - distinguished company with Bing Crosby and his Music Hall corps. Mr. Crosby's visitors include the Metropolitan Opera’s great soprano, Kirsten Flagstad; eight 4-H Club winners of college scholarships; Brian Aherne of the movies, and Bing’s sponsor, J. L. Kraft. Miss Goddard's contribution will take the form of an appearance with Walter Huston in Hallie Flanagan's one-acter, “The Curtain.” f 3 ”

Hoosier huskers will go on the air tomorrow when WLS broadcasts twice from the State Cornhusking Contest, near Liberty. Descriptions are scheduled for an hour beginning

is a fantasy on dictatorship by two

INDIANAPOLIS (CBS Net.)

Kathleen Norris Golden Store Hollywood __ Scatterzood

Billy & Betty Playhouse Maj. a F. Eliot European News

(NBC-MBS)

Girl Alon Against Storm Dick Reed Dessa Byrd

Spelling Bee ‘Topics Ensemble Sports

Pleasure Time Mystery Better Hearing Dick Reed

258 Bee 5858

anna anny esse

News Judith Arlen Vox Pop,

or se ot

Askit-Basket Stranze ,as Seems

Man's Family Those We ”» ”

Love

at 11:30 a. m. and for 15 minutes at 2:45 o'clock.

THIS EVENING

(The Indianapolis Times is not responsibie for inaccuracies in program an- . nouncements caused by station changes after press time.)

INDIANAPOLIS WIRE 1400

CINCINNATI WL

(NBC-MBS) itty Keene

cHlcA GO WL SEINE 3 (NBC Net

Home Forum J. Dorsey’s Or.

Anthony Dinning Sisters ny tation

Community Fund News Baker

and Denton U. of Cincinnati Lowell Thomas

Pleasure Time ix Town

Easv Aces r. Keene One of the Finest 45 a" Inside Sports Man’s Family These We Love

Farmers 0 Forum Joe, Penner

Major Bowes

Good News

”» 2

Forum >

Good

News

3 5358 5353

soo’ mmen' aan

Syncopators __ Singing Cop

~ Pres. Roosevelt Baukhage

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KEY NETWORK STATIONS (Subject to change): | MUTUAL—WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM, 850. NBC-BLUE—WJZ, 760; WOWO, 1160; :*WLS-WENR., 870; KWK, 1350. NBC-RED—WEAF, 660: WTAM, 1070; WWJ, 920; WMAQ, 670. CBS—WABC, 860; WIR, 750; WHAS, 820; KMOX, 1090; WBBM, 770.

BUSINESS AT A GLANCE

By UNITED PRESS Maytag Co. September quarter net profit $234,981 equal to 69 cents a share on $3 .preference vs. $236,327 or 63 cents year ago. Transcontinental & Western Air, Inc., September quarter net profit $143,474 equal to 17 cents a share and best quarter since 1936 vs. net loss $80,668 year ago; nine months net loss $212,393 vs. $751,719 year ago.

ended Aug. 31 consolidated fet pro t $4,463,992 equal to $5.96 a ‘common share vs. $2,228,361 or $2.42 Previous year. United Chemicals, Inc., and sub=sidiaries nine months ended Sept. 30 net profit $116,851 vs. $20,526 year ago; September quarter net profit $56,518 vs. $17,385 year ago. Pennsylvania R. R. Co. September

operating ‘income $9,537,642 vs. $6,~ 525,123 year ago; nine months net

Sherwin William Co. fiscal year

operating income $48,169, 897 vs. $36, 863,606 year ago. :

FOR

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