Indianapolis Times, Indianapolis, Marion County, 1 November 1939 — Page 15

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STOCKS MOVE “NYS

NARROWLY AT | LOWER PRIGES 2

Am Air T 39% Am Bank Note 12%

\ as 2a 3

Last che o as ange JH 958 ...n

: 2 ia 1%

Losses Range to $1; Wheat Down; Sugar Gains; London Higher.

Am News Am YL 5 Am Rad Am Roll Sail.

aan 43 2 : 20 i 5412

BY UNITED PRESS ~ Blocks moved narrowly in after-|A _ hoon trading today at levels slightly above the lows of the session. A majority of issues showed Tasses 13 ranging ‘to $1. : : Standard Oil of Néw Jerscy al ; moderately on declaration | Badin ©: of extra cash and ctock dividends Bed H oils generally displayed a firmer e than ather groups. Utilities About Steady

| Utilities held about steady. Steels! Borg pped back early and then recov- Br d slightly. an Stores was up 30 cents 3t $4575. Aviations met some sup3 fo and were little changed. Cop- , rails and motors receded. ©’ Most business reports continued “ibullish. Iron Age found steel orders piling up for the first quarter. {Sent RR NI ws Price advances were announced in| | Ches Corp : anthracite and linoleum. Interna- Shes A ot tional Agricultural SCN:

Burroughs Bute Cop&Z . Byers A M .... 15

Celanese 3... Celanese pf ..-

announced a | | Shi NW Ry pf i rysier $2,500,000 expansion plan. Interna- GEUSE’ Be. tional Shoe declared a 25-cent ex-|Cluett Peab . tra. -On the adverse side was an Col &

So Col es estimate that car loadings for last] SE

nf A week would show a more than sea- | Som Inv Tr vie sonal decline.

oe w tt ph DD bt 00 09 =I OB ON

er » a

Com Solvents ’ Sugar futures rallisd 6 points | Gov] ih Rdison from seasonal lows established yes-| lana "Bdison terday, but other major commodity | Cons Laundries futures were mixed in quiet trad-|&ans Oil -.-... -’ Sgt. Bs pak B oe +“+" Wheat Dips at Chicago Cont Ol Dei”

oly : At - Chicago, wheat developed an] Soy ies HE eggier trend. At the end of the first|Gurtiss-wr 0: hour, wheat was off 1 to 12 cent, [ra -Wr A. corn off 4 to % cent. and oats 3s cent higher to 15 cent lower, Dee ere & Co After light buying had lifted | Be & L & Hud... wheat prices = to 4 cent ai the] Hh oni start, the demand dried up and|pu Pont scattered commission house selling met little resistance. Interest in the, | East Ai Lines 24% market was extremely light. {Elee Avro, oo. 81; Small gains were scored in cop- | Elec Boat

Elec Pwr X Lt per and rubber.

ED oe

0» DOr a DI DODD

Wa BNR

0h Rea

Davison Chem. .

Cotton futures|El Paso Nat Gas 401, started steady but worked below the ="% Fub 5 117

By UNITED PRESS

.| Year ago

TOCKS

DOW-JONES STOCK AVERAGES .30 INDUSTRIALS —1.33 +1.41 +0.02 +0.82

Yesterday Week ago ......... Month ago .......iccevvee

High, 1939, 155.92; Low, 121.44, High, 1938, 158.41; Low. 98.95. 20 RAILROADS 33.91 35.13

Yesterday Week ago Month 280 ..coccevvsesses 33.88 Year age .......... Ae ne 31.668 - High, 1939, 35.90; Low, 24.14, High, 1938, 33.98; Low, 19.00. 15 UTILITIES Yesterday . Week ago ... Month age ...... Year ago High, 1939, 27.10; Low; 20.71. High, 1938. 25.10; Low, 15.14.

3 High McIntyre Porc . 46; Mesta Mach ... 36 Cop . 2% dent Pet eh 16% dland Stl ver 33% 106%

. 54%

°_ Net -Last Change

ont Ward ~ =~ >

Ta 13%

Nash Rely 23% 16%

at Aviation .. 139

Nat . 23% Nat Cash . 16% Nat Cyl Gas .. 133% Nat Dairy . 16% Nat Distillers Nat Lead Nat Jal res ind 14 Newoor nd .. a Y Central 21% Nye & St L ‘pt 0, 3 N Dock Ya

iscuit

24 22% 75

Ohio Oil ..... Otis Elev Otis Steel Owens Ill Glass

7s 3 13% 65% iPr oe 313% 47%a Ya Pan Am Airways 15% Paraffine Co ... 44% Paraffine pf ... 8% Park Ti 15% Parker Rst Prt. 19%, Penn RR ees 25% Peoples Gas ...

1% 9

13% 65%

Pac G & E

Pros Ctl Car .. Procter & G Proct & G of.. Public Serv

34 | Mortgages,

+ | decline

REAL ESTATE FACTORS GAIN IN THE STATE

«| Improvement Is Noted for Mortgage Security in Bank’s Report.

Times Special WASHINGTON, Nov. 1.—Basic and related economic factors underlying real estate mortgage security in Indiana improved during the first six months of 1839, it was reported today in a survey released by the Federal Home Loan Bank ‘Board. On the favorable side of the ledger, the bank board listed a

‘| steady - improvement in rent pay-

ing capacity, brightening of the relief situation, downward trend of foreclosures, gain in the volume of residential construction over last year, increase in FHA insured reduction of ratio of real estate holdings to total assets

i during 1938 and increases in busi-

ness sales, bank debits and indus-

, | trial activity.

Against these, unfavorable items were. a rise in home building costs and a decline in farm income, the

+ |bank board said.

Residential construction the first half of this year rose 101.7 per cent over ‘the year-ago period, the bank board reported, although the number of units undertaken in June declined 46.5 per cent from May. The report showed a 59.5 per -cent in estimated foreclosures from a year ago. Rentals of Home Owners’ Loan Corp. properties were

“| slightly lower this spring than a

year ago, and the cost of living rentals showed no change. Public relief costs showed a decline of 17.1 per, cent in the average

. |case load from the corresponding

period of last year, according to the

2 | survey.

The board noted a 3.2 per cent increase in the cost of building a standard six-room house in July, 1939, ‘as compared with July, 1938. Farm income for the six-month period was 8.2 per cent lower than a year ago, the survey reported.

LYCOMING ASSETS

LOCAL BUSINESS

New Paint Head

Robert J. Smith, 1315 N. Rural St., assistant general manager of the Indianapolis Paint & Color Co., has been named president of the National Federation of Paint & Varnish Production Clubs, it was announced today. He was elected to the office at the annual meeting of the organization held in Chicago. Mr. Smith has held | ¢ executive positions with similar Indiana and sectional organizations. |? He is a member of the Indianapolis Optimists Club, Chamber of Commerce, Real Estate Board and Scientific Club.

FSCC Buys opis

Commitments for purchase of 121 freight car loatls of the .1939 crop of Hoosier apples have been made tby the Federal Surplus Commodities Corp., it was’ announced today. The apple buying program is under the direction of Alexander Lucas, purchasing agent, who was sent by the FSCC in response to a request made by the Indiana Apple Growers’ Association. : Under the program worked out by ithe corporation and the apple growers, the equivalent of 242 carloads of apples grown in Indiana have been removed from the commercial market to stabilize prices. The benefits of the apple buying program and price stabilization are expected to extend throughout the year. About 90 per cent of the purchases

Top Hogs at $7; Market Steady

Hog prices at Indianapolis today held mostly steady, although a §5cent gain in weights of 200 tc 220pounds pushed the top price to $7, according: to the Agricultural Marketing Service. Vealers weakened, the -top price was scaled 50 cents. Improved quality was noted in the small 1 ceipts of sheep and lambs, which sold steady. Good and choice natives made $9.25 to $9.75.

Oct. Top Repts.! Oct. Top Repts.

dropping to $10.50 as the schedule

made to date, 35 carloads. have been distributed to needy families through the WPA Surplus Commodities Corp. projects. Many of the apples are to supplement the free school lunches for about’ 16,000 children in Indiana.

Excavate for Building Excavation work was begun today a new $185,000 apartment buildg at 3310-3314 N. Meridian St. ¥ The structure, an L shaped, threestory building, will house 36 separate apartments. It is to.be constructed entirely of metal, stone and brick. Only wood to be used will be in finishing work in the individual

| apartments.

The building site has a 106-foot frontage on Meridian St. and a 50foot frontage on 33d St. Sale of the property was negotiated through W. A. Brennan, Inc., realtors, who represented the Marblehead Realty Co., ‘Inc., owners of the new project, an Haueisen Realty Co., which sol the property.

Incorporations

Cothrell Realty. Corp. Indianapolis; amendment of articles of *:ncorporation.

Keswick Corp., Maryland corporation; withdrawal from Indiana.

Iroquois Pearl Button Co., New York ccrporation; withdrawal from Indiana.

Wadeford Electric Co., Illinois corporation; change of agent to L. Mecklenburg, 833 ‘Sibley St.. Hammond.

Superior Mfg. Co., Inc.. Alexandria; change of agent to Raymond McCarty, 204 S. Park Ave., Alexandria.

Transit Development Corp., Indianapolis; change of agent to Jere miah L. Cadick, 1217 Fletcher Trust Bldg., Indianapolis.

OPPOSED IN SURVEY

NEW YORK, Nov. 1 (U. P.)—The consuming public is opposed to governmental restrictions o nadvertis-

of the publisher to assume responsibility for advertisers’ claims, according to a survey completed today

_ | by the Ross Federal Research Corp.

The authority, in a 10-city investigation conducted for Sales Manage-

ment Magazine, found that the public believes that the publisher, whether radio, magazine or news-

RESTRICTIONS ON ADS

ing and does not consider it the duty |

6:30—Burns and Allen, WFBM. 7:00—Hollywood Playhouse, WIRE. 7:30—Paul Whiteman, WFBM. 8:00—Fred Allen, WIRE. 8: 00—Star Theater, ‘WFBM.

For girls who ha have been away from home only. once in their five years, the Dionne Quintuplets have exerted quite an influence. For one thing, they gave Jean Hersholt a dramatic M. D. degree and some steady employment. Having impersonated Dr Alan Roy’ Dafoe in the quints’ feature pictures, ‘Mr. Hersholt found his theatrical bedside manner considerably in demand. One result was the “Dr, Christian” radio series, which|° commences its third season tonight. Another is a projected film series of the same title, first picture of which

is soon to be released.

INDIANAPOLIS WFBM 1230 (CBS Net.)

E 14

(The Indianapolis Times is not responsible ments caused by station changes after press t

INDIANAPOLIS (NBC-MBS)

WFBM is one of 54 CBS &

which will carry the mythical cc

try doctor's adventures during coming weeks at 9 Pp. m, Wednesday. . » » 8 2 ‘On the dramatic front to: you may hear Gail Patrick and He bert Marshall in 2 radon vers of “Between ps” NBC~ WIRE'S “Hollywood Playhouse” at p m. And, an hour later,

rid Abel, Betty Field and Pauline

will take the air in Clemence “A Bill of Divorcement” for “Star Theater” listeners on CBS-WFBM.

Alfred M. Landon will discuss ‘Our Foreign Policy” at 8 o'clock toe night, on NBC-Blue. And Red’ het work | stations tomorrow will br

listeners an address by Senator Robs ’ me

ert M. La Follette at 12:45 ® a =»

THIS EVENING ti oi

io } inaccuracies in program ann noes im 1

in THCALO a TINCIN, (NBC Net.) NBM

Kathleen Norris Golden Store Hollywood Scattergood

ve on

Ti, BA heed ™ Dessa Byrd

Kitty Ara Rt Stors

k H. 8. Bigel

3 Jnannounced nthony Dinnipz Sisters

Billy & Betty Uncle Jonathan H. V, Kaltenborn ‘European News

Barron's or. Ink Spots Hoosier Sports "News Pleasure Time Lum and Abner

Burns & Allen ’” " Dick. Re Playhouse

Red Skelton ” ”

steleled oeals Siren J

Al Pearce Paul Whiteman :

Fred Kirb, Baker an Himber’s Or. | Lowell Thom ' Pleasure Tin News

Serenade Inside Sports

Hollywood Red, Skelton

Barron's Or. Swingtime

Aces Lest. Persons. New. Stuces . H. S. Parade Education Quick Silver

2 ABLES AEDBIEEC3ILERS

Star ” ”» 7 ”» Dr. Christian Concert Hall

Theater "

” Allen "

-— st

=a £3352 wt

Kyser » ”

SLSeY ! %xw x Ere

Fred Allen | ”» ”

Alf Landon ” ” 5

Concert Kassel’'s Or.

Davis vs. C'zoneri Kay . ”» / ” Yn

” ”»

Amos and Andy News Atle Shaw’

223

Z| 33

S353 5353

Paul Sullivan Goodman's Or.

Hoagland’s Or. Chester's, Or.

Recordings ” ” ”» »

Skinnay Ennis

THURSDAY*

ih ot i |

INDIANAPOLIS WFBM 1230 (CBS Net. )

Early | Birds Dawn Patrol

Markets Dawn Patrol ”» ” ”

News

Freddie Miller Good Morning Ensem Miss ™ Julia

Kiity Kelly Mat and Marge Hilltop : Stepmother

”» ”» » ”»

News

City _Todav Air, Kitchen

fo ae Bill Woman

Taylor

Champions

INDIANAPOLIS WIRE 14( (NBC-MBS)

in White Dr. Swing

Chicago opera

” se .Field’s Or. Mogre's . or,

Moon River

Recordings 8 Littler’s Or, J. Dorsey's. PROGRAMS | INDIANAPOLIS CINCINNATI WIBC 1050 (NBC-MBS)

Prayer and Praise Mornin’ nch Gang Flying X Boys

“Breakfast Jam Sine to Shine 3" Gospel Ringers ” Tex Ow Coffee Cups

Caravan Blues Chasers Rub hion Fuotlinlita se Life

or.

Fas Editor's Daughter Devotional Man I Married Wif

n 1 Married

Ot! Wife pil Bill Miss Julia

Linda s Love

Reflections Hits of Today Charm House

Friendly ” ”

...% 6.85 ¢ Pub, Schodls

David Harum Lorenzo Jones Widder Brown

Road of Life Singin’ Sam

paper, has. “discharged his-reason- Mary

able responsibility when he excludes advertising which seems to him false and misleading.” In reply to a question “how far

iness Farinas Road of life i

Castle Time Woman Speaks Noon BAvVtEm © Sea

School for Brides Farm Linda’s Love Boy and Girl oa

Fa ou ome Folks Markets. Weather Gao Earth

Ri Jones Reponof Jereiers

tv & Bob Music Cotim’ 's Daughter Harlin ob. Valiant Ladv Nu mber Please Church Hymns

Mary Marlin Ya Perkins epper Yo Guiding Cight

Backstage Wife Stella Dallas Vic and Sade Midstream

Girl Alone Against Storm Hollywood Die - Reed Jack Armstrong Seaitersonn Dessa Byrd H. 8.

" KEY NETWORK STATIONS (Subject to change): CBS—WABC, 860; WIR, 750; WHAS, 820; KMOX, 1090; WBBM, 770. 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.

BUSINESS AT A GLANCE * BACK TONIGHT * :

BY UNITED PRESS Ferro Enamel Corp.—First nine months consolidated earnings approximately $1.92 per share. National Tea Co.—Forty weeks ended Oct. 7, net loss, $673,868 vs. net loss $828,253 year ago. Standard Cap & Seal Corp.—First nine months net profit,” $503,098, equal to $1.74 a common share, vs. $489,912 or $1.69 year ago. Missouri-Kansas-Texas R. R. Co.} —Week ended Oct. 28, carloadings 45879 vs. 4851 previous week and 4550 year ago. Pennsylvania R. R. Co.—Week ended Oct. 28, carloadings, 77,353 vs. 78,024 previous week and 57,203 year ago. Southern Pacific Co.—Week ended Oct. 28, carloading 33,004 vs. 34,597 previous week and 32,441 year ago.

669! 9426 7236

6.85 6.95 7.05

previous close on Wall Street liqui-| perro Enamel... 217% 21% AL Phssoek dation and hedge selling. Cote | Et iis Strs ... [484d 48) 118% 113 2 = 60 oe 2 Be eal moderate advance | . he Bn 33% a | oe 187 18 Ye Lo on the London Stock Exchange, re- Gen . 40% flecting the favorable interpretation 1Gen Foo we 8 placed upon the Italian. cabinet] Gen ‘22 changes. Russian Premier Molotov's | Gen nm speech was about in line with ex- | Gen . 36 pectations and had little market! Gen

effect.

Curb Stocks

Net Last Change 137 32

" Brenda artis Big Sist Life Stories

Kate Smith Girl Marries Farm Circle

er Sos 0 —- wou

Ya Hs TY n Va Va

Packing Sows

Barrows and Gilts

SOUTH BEND, Ind, Nov. 1 (U.|Good P.).—Federal Judge Thomas W. $3%% ¢ 6.45- 6.60/ Goad and ole 6.50 | do you think publications (and radio | Slick yesterday approved the sale i4 160. 6.50- 6. 330. in §4 Stations) cn reasonably be ex{of substantially all assets of the : 208: (3 © 290" pected to go in guaranteeing satis- =~ | Lycoming Manufacturing Co. of 6.10- 8.231 ifaction from the products for which .. | Williamsport, Pa. to the Aviation S30- 8.30 they act as an advertising medium?” 2 | Corp. of New York. thé answers ranged from demanding ey we me oe EE rl do pL mred gar [anal bankrunicy - hearing gains 6.10- 6.75] 90-120 875- 6.45 ifying publishers with a the Lycoming company and €M-= | slaughter Cattle & Vealers Receipts; 185) [go 5 t b powered the Aviation corporation to mmon carriers” not responsible

issue 206,000 shares of common stock for the actions of their “passengers.”

"| Lycoming in payment for assets and 139 NEW HOME LO A NS TOTAL $16,441,720

to purchasers to assume the liabilities incurred by Lycoming after Times Special : WASHINGTON, Nov. 1. — New

3 bankruptcy proceedings were instituted. E.” D. Herrick, president of Lycoming, testified that the company was operating at a loss be-|1100-1300 cause Plans were not equipped to 6.75- 8.00 manufactire high speed airplane . Stocker | engines and tHat the cost of in-|, Steers. Heifers Fe. ewer | home loans for the first nine months of 1939" numbered 11,767 and amounted to $16,441,720 for the 127 insured savings and loan associations in Indiana, it was announced today by Nugent Fallon, general manager of the Federal Savings & Loan Insurance Corp.

ee Cattle, . stalling equipment to enter com-| 500- 750. £2.50-11.00 Choic These figures exceed the 7457

petition was prohibitive. N Saha loans for $11, 938,185 made during

300. 750. 9.50-10.50' $00-1150. 3 hx « ALBERT PICK CORP. the same period in 1938, he said.

Jieiers 500- 800. ® Choi RENTS OHIO HOTEL 6.00- 7.50. 5°. §,. 3.50- 625; Indiana people placed $1,239,142

| 800-1050. TS 00. 10.25-11.50 Medium— 750- 900. | The Ohio Hotel at Youngstown, 500- 900. Ga Salven (steers) O., a $2,500,000 structure, has been Cows 1Gnnd and §9.75-11.00 in new savings in these institutions in September, making a total of

500-1000. Common— acquired by the Albert Pick: Hotels 'Medinm— Corp., it was announced here today. | Medium .| 5:30 - 630 *Caives (heifers) 650 $92,180,173 invested in them as of Oct. 1, he said.

9.25-10. 25 500- 900 A . Gee The hotel was taken over on a 20 5.50! 506 do wh. 40. 0-10.00 Assets of these locally owned and

year lease for a term rental of $1,- Med 250,000 and a percentage of the gross |. cutter) 3.75- 4.75' 500 Gown. 8. 00- 9.00 receipts. Harold R. Petersen, former| SHEEP AND LAMBS (Receipts, 1200) Lambs managed thrift and home-financ-: ing institutions totaled $123, 744.810 on Oct. 1 for an increase of $11,-

manager of the Great Northern Jd and Hotel at Chicago, has been named Mediu EL TR $3283.03 789,440 since Oct. 1, 1938. LOCAL ISSUES

manager of the Ohio Hotel. The following guotations by the Indian-

Chicago Stocks apolis Bond & Share Corp. do

19 sent actual price offerings, indicate the approximate niarket Jevel based on buying and ‘selling fuotations of recent transactions. Stocks

Auto Invest Cor

———— aie usm

”» d Flop Bandoloh {5 Little White House

Betty and Bob Grimm's Daughter Valiant Ladv Church Hymns

Mary. Marlin «Ma Periins epper Youn Guiding Ligh

Backstage Wite Stella Dall Vic a 4 Sade Midstr

Kitty Po Against Storm

° Farm Bureau News Kitty Noon

858

Keene Tunes

»” Dr. Susan

Melodies My Son & I

Joyce Jordan Society Girl Selipol of Ar

oh ed pon ph | tk ct

Wed S19

Ya |

he Sr

6.75- 7.00/ 400- 450. 6.65- 8.381 - 450- 500.

6.55- §: 48- 5 65! Slaughter) Pigs

[53

* Pianorama ‘Melody Tim

Texas Corp . Number Please

a x - gt N ‘North’ pt as V4 | Thermoid

H ‘ Bound Cp. :

Tie S33 | hE

Music : Stens in Jive Old Refrains Band Stand

Jamboree Silent /

”

Varieties Sens ro ram __ Smilin

ne Norris Golden Store

| Bulls Steers | 4 Yearlings excluded)

00- Yop $10.50-11.00 Good 5.8 8.75- 7.25 0-1100 iy 50-11.00' Sausag e— 1100-1300. 10.00-11.00} Good . .6.50- 7.00 1300-1500. 9.75-10.50! Medium. | 6.25- 6.75 6.25

Low 136% 3

High 137 2

S35 eb SW

| Houd-Her {Hud Bay

: se Tri-Con Sn Co Am M&S. 20th Sent” Fox.

- “or

isi o

“15

wu owien B & P.. ac :

1633 a | x | On

‘10414 14%, 6212 40 -+e 13% . 80 rast

163 10474 14, 6215 40 13% 50

Good— . |Cutter and 750- 100. gis 10.50!

900-1100. -10.50! 1100-1300. -10.25! All Weights— | 1300-1500. - 9.75; Good to . Medium — | choice . $ 9.50-10.50 750-1100. .00- 9.251 Common, an 5 00- "00 8.00-/9.00, MCT Caines? 00- 7.00 Resr A455) |

a aida 9% 19191010 | mim a

Inspiratn Cop +. Interchem p Interlake Ir ..,

alms

Bigelow

Int Harvester .. Int Nickel

Sys in 00 a Elta

w > W005 CODD <TD DITDAI DOI <I Oo = od “Q. x

a a ed NORCROSS

Common — 750-1100.

a » we

Steers

$ 9.00- 9.75 9.00- 9.50

8.50- 9.00 8.25- 875

7.50- 8.25 Yow 5.80 7.50 7.50- 9.25 Medium and.

Ww LID us «1B BUT LINN =I we

Jn 00 CON 1

Come a3 Ha 0 ww

Lome

Un 2 Un U U U U U 11 21 U 8! U U V

| wal reen nf ww 91%;

| Loft Inc new. . nl | Lorillard

ys {

Ya | Marine Mid ... 34 | Marshall Fld .. Ya Martin Gl .... rein. W YaiMay D 8 . Std Oi 2 McGraw El ... = nd La Hill ..

Ro TRADE NEWS

U.S. STATEMENT

nro

| — 1% | Yellow Te .... | Young Sheet

DAILY PRICE INDEX

NEW YORK, Nov. 1 (U. P.).—Dun & Bradstreet’s daily weighted price index of 30 basic commodities, com- \ piled for United Press (1930-32 aver- | age equals 100) : f+ 1405.579.61852 WASHINGTON, Nov. 1 (U. P.— Yesterday .........c......... 118.36 © 1212200167613 1.962.931 494 fg The Commerce Department reported | Week BED ...evennsio nine 119.02

202 51%

JEAN HERSHOLT TecimsTN”

Presented by the makers of

'VASELINE

Reg. U. 8. Pat, Off.

PREPARATIONS

9:00 P. \. x WFBM

Ewes (on shorn basis)

Good and choice Common and medium

CHICAGO LIVESTOCK

Hogs—Receipts, 13.000: opened about a | steady: later trade 5@10 cents lower on weights 210 lbs. up; closed fairly active at decline; top, ‘$7 sparingly: bulk good and choice 200-300 1bs.. [email protected]: 3004 {330 1b.. butchers. [email protected]; most 169-200 1b, lights, @6.90; good 330-450 i ows, [email protected]; lighter weights, $6.50@ 2

Cattle—Receints, 10.000; calves, 1000; , | liberal run good to near-choice long yearlings and light steers: strictly good and choice steady. others weak: comparable grades heifers. tending lower: but choice heifers steady; better action on weighty ; choice to prime 1470 1b. Pg $10.75; several loads 3$10410.50: medium “grade 1300-1400. 1b. steers $84 8.25; stocker and feeder tirade very dull 25 cents under Monday; cows steady to weak; bulls steadv on weighty shipper a kinds: weak on others: best sausa%e offerings, $7.35: vealers steady to 25 cents 2 lower: medium to good grades showing decline at $10 down: choice vealers, $10. 50 @10.75; few selects.

OTHER LIVESTOCK

(U.

WASHINGTON, Nov. 1 (U. P.).—Government expenses and receipts for the current fiscal year through ot 30, Solipated oth

This Yea . | 53.172.680.537 50 $2, 953. $00. 666. .. 1756.1 1,818,356,513. 3) - 1.134,444,153.

2.25- 3.25

Allied Lab Inc Armour & Co Cavite Abbott Lab rts ag Barlow & Sig A Cent & SW Ot Cent & SW Ut pl pf. Cherry-Burrell Chgo Corp Cities Service Comwlth Edison Consol Oil Cunningham Drug Elec Househd Gen Candy A Goldblatt Bros Gt Lakes Dredge Jarvis W B Kingsbury Br

Ask - v WAGON WHEAT

tori Sanagelis Frain Slevators are payin ubject to marke! LL other RL or ne merits. Cash corn, new No. 3 yellow, 45¢c. Oats, 35c

1 BUSINESS DIRECTORY

| —Merchandise -~ Service—

Gold Res. Customs .. 54

INDIANAPOLIS CLEARING HOU SE Clearings Debits

Lincoln Nat Life Ins Co com., 24% Ind Pub Serv 5'%.% pfd.... 85 N Ind Pub Serv 7% pfd N Ind Pub Serv 6% pie. Progress Laundry Pub Serv Co of Ind 6% tg. Pub Dery Co of Ind 7% pid. . So Ind G&EA 4.3% pfd

1 ate

OUTFITTERS TO MEN, ha and CHILDREN

Van Camp Mi y : Van Camp Milk Co pfd :.

- i

ae Pe as 155a0-113.671.09 | today that gold imports during a Month Ago . vessvass 1841 010.554 474.43 | "109.799,317.09 | five-day period between Oct. 21-25 Year Ago eieaveise 10485 totaled $15.442672. Gold imports |1939 High (Oct. 18) -......... 119.66 {during the preceding seven-day pe-| 1939 Low (July 24) % 0.336.009 | Tid amounted to $11,078,749. | The United States imported - 14085272 of silver during the pe- l < S. S ] N riod. tee et Farm Prices Higher At 10 Million a | WASHINGTON, Nov. 1 (U. P.) — : EL ey { Farm prices lost a part of their] {early war boom gain but still were] NEW YORK, Nov. 1 (U. P.).—The|s 2 per cent higher than a year ago|United States Steel Corp. yester- | So Bend lath : jon as the Agrivuliure) Mar- | |day announced its third quarter met | Sen Meh T keting Service repogge ay. 3 : | The average of prices received py | Profit at $10,420,445, anc declared | Thom pean JR A Tas 0

EET

NATION

? Eg

Fuse vii oom i

BR 14

NESEY Kae

farmérs in mid-October was 97 per | cent of 1914 prices. Prices paid by] farmers remained unchanged at 122 per cent of pre-World War. Prices of grains and meat animals! {lost about one-third of the spectacular early September rise between | Sept. 15 and Oct. 15. Grain prices, ! however, still were 17 points higher | than a year ago.

‘Chemical Firms Merge

|* NEW YORK, Nov. 1 (U. P.).—The | American I. G. Chemical Corp. has { merged with its wholly owned sub- | sidiary, General Aniline Works, Inc., which previously had changed its name to the General Aniline & Film Corp., it was announced today.

Investments. Rise

WASHINGTON, 'Nov..1 (U. P.).— Total loans and investments of reporting member banks of the Federal Reserve System in 101 leading cities rose $94,000,000 to $22,657,000,000 | in the week ended Oct. 25, according to the system's report published today. Loans accdunted for $56,000,000 tof the increase, while investments gained the remaining $38,000,000. Loans to brokers and dealers in securities gained $45,000,000, with $37,000,000 of the' rise reported in New York City.

THE BEER witH

(80 MILLION DOLLAR FLAVOR

Soe Final Edition of the Times for

Closing Stock Quotations and Other Late News

ta 1% |B

| over the same period a year ago, ac-

{the regular quarterly dividend of $1.75 a share on the preferred va stock. The net profit contrasted with a net loss of $5,847,791 in the September quarter of 1938 and with a

net profit of $1.309,761 in the June |

quarter this year. In the first nine months, net profit was $12,390,756 or slightly more than the net loss of $12.150,368 reported for the 193° period. The third . quarter net profit amounted to 47 cents a share on the common stock, compared with 36 cents a share on the preferred stock in the second quarter. The nine months net worked out at $3.44 a

share on the 7 per cent preferred | 2

stock. The preferred dividend declared

is payable Nov. 20 to stockholders |s

of record Nov. 3. Operations during the third quarter were at an average of 54.6 per cent of capacity. CHICAGO, Nov. 1 (U. P.).—Inland Steel Co. yesterday declared a dividend of $1 per, share and reported that Cctober production and shipments were the largest in the company's history.

DAILY MILK SALES UP 5.79 PER CENT

NEW YORK, Nov. 1 (U. P).— Continuing their upward trend, daily average sales of fluid milk during September increased 5.79 per cent

cording to the Milk Industry Foundation. In September daily average sales totaled 6,599.354 quarts compared

1.& ¥ ln ev pf Zenith Radio ..

FOREIGN EXCHANGE

NEW YORK, Nov. 1 (U. P.).—Following are noon cable rates on malt Currengite;

Change +.00%

+.0000%%

( ound) .

(franc) .. (guilder)

(krone) .. Denmark (krone) Japan (yen)

LOCAL PRODUCE

Heavy breed hens, 12c: Leghorn hens, Barred and White Rock Springers, . and over. llc; colored springers.

2350 --.0005

oes, Sls BE 2 Ss Tun eggs 0 y . 1 strictly fres at 5 he.

Butter—No 20c. Butterfat—No. (Prices quoted by Wadley ‘Co. rr en

- FOOD PRICES

CHICAGO, Nov. ;1 (U. P.).—Apples—|* Michigan Jonathans. bushel, $0041, Sweet Potatoes—Tennessee. bushel, [email protected]. Carrots—California. crates. $2.25@3. Spinach —TIllinois, bushel. 30@65¢c. ‘Tomatoes—Cali- . . . Cauliflower—New eas—Californ

rnia,

b. Tdaho Ta

. and up 10c: Leghorn broilers, 2|°

CINNATI, Nov P.).—Hogs— sia; total, Fairly ‘active,

erate agy. SOB. as g 22% 1bs. 30-140 1bs., 85.50@86.

80a Ibs 300; A "450. Calves, 200. Limited salable supply uneven, steady to” around 15@25¢ ligher on steers and heifers, _ most strength common and odd light yearlings to a 50: lots ir to near Jood « Saas. common znd medium, $6.50@7. 3 vealers "Sheep Sala: 500. Gi 11 tead hee al enerally steady. Few lots good to choice trucked in lambs. $9@9. 50: (Strictly choice ewes and wethers shuible. to 89.75; common and medium.

$6.50@ LA In d., Nov. 1 (U. P.. 160-200 1bs., [email protected]: $6. 806. 80: 250-325 1bs., $6.40 50 dow roughs, $6

CIN! Salable,

pigs, 2 down; calves, $10: lambs. $9.25 FT. WA NE 1

SELL ESURANCE SEAT NEW YORK, Nov.1 (U. P.).—The New York Stock Exchange announced today that arrangements

1% @ | have been completed for sale of an -| exchange membership at $60,000, a

decline of $2000 from the last

previous sale. TYPEWRITTENLETTERS...

PERSONALIZED AUTOMATIC

hi : nn IMac; Colorado Spanish, 50c; Tilinois vel35@50c

COMPLETE MAILINGS Jeans an meters MARKET 3550

lows, Sale MEN'S SUI ,TOPCOATS & 'OVERCOATS IF

Over 500 to Select From See them. they're al Unredée med thorough. y rlizen pi nd © AT ay styles — All colors— Al sizes .

with 6,238,276 quarts in tember ;- 1938.

146 EAST W

BEMIS =v LETTER eves: SERVICE n=: TS 508 ange 5 i

‘0!

=) LN

+o. The CHICA

.. | Citizens Ind Tel 4%s

—Hogz | Ohio

American Loan 5s 51 ..... eee OT American Loan 53 4 aie

Crabbe- size nolas s-Taylor 5s 42 Home T. Wayne 50 53..103 Home TET Ft Wayne 8% 23. -104 Ind Asso Tel 4129 65.. 98 YInd Tel 5%. 60 w | Indpls Railway 59, 67. Inter T&T 5% 53. . .

Pub Tel aise, % 83 Richmond Water Wks 5¢, 94. 103% T Haute Water Wks 5% 59- Jy T Hate Water Wks 6% 49. Trent Term Corp *Ex-Dividend.

Nott { hope

[4 Pearce

AND HIS GANG

IN A BRAND-NIW SHOW PAST—FASCINATING

TONIGHT

AND EVERY WEDNESDAY

1PM WFBM

THE MODERN wingatons STORE

129 W. Wash, [030s Theater

Is Opposite Us’

rx ZX LRA

Biggest Hat Values in Town Levinson's Lightweight Crushers HARRY LEVINSON

Your Hatter

ur grass seed customers come Oh vear after vear for more.

8 CONVENIENT STORES |

ELINED Men's EPAIRED | o& *, griTTED | Women’s

LEO! TX

TAILORING CO. 35 MASS. AVE. [8] FREE CLOTHING

30 SE tN COMPA

13} W. Washington St. Directly Opposite Indiana Theater

WITHOUT aL

—

JL F3

1, i fly ide

[i]

"AUTO and DIAMOND

"LOANS

20 Months to Pav

WOLF SUSSMAN, Ine. WASH, ST. 4 d tid Years

AEN SOT ed 0) (IE | Sd

Women’s 1st Quality

RAYON di

¥ 5 oh 11-2749. 3

rb -—t

s% Exacting . . .. WATCH REPAIRING at LOWEST PRICES.

STANLEY JEWELRY CO.

113 W. Wash.. Lincoln Hotel Bldg.

Used Radio Bargains Large variety of 4 95 to 6

Conse A al habe Delaware

BLUE POINT

FRACTURE BEDS Can be rented at the new

HAAG'S ALL-NIGHT :DRUG STORE 22nd and Meridian LE

' ¥ rv ¥ i i

v6 weg SEED 1

—

& Madison]