Indianapolis Times, Indianapolis, Marion County, 2 November 1939 — Page 24

AFTER DECLINE

NEARLY TRADE |i: =

Chicago Issues Are Steady; U.S. Bonds Strong; Wheat Prices Weaken. UNITED PRESS

< firmer tone was noted “afternoon stock trading

The list moved in a narrow area er a mixed opening. A recession was followed by a fg = ze covery in the late morning. came another dip and I rahe Lg * cqvery. By the end of the third

hour a sizeable ‘group -of ‘leading Bolen

issues registered small gains. ' ‘Some Losses $1 In a few instances the net changes amounted to $1 or more. Western Union. at. one time was down $3.37%, at $28.25 on : action of the Labor Board in ordering termination of the company union and refunding of dues paid since July 5, 1935, but regained $1. American Can- and Johns-Manville lost $2 or more. Allied Chemical

and Chrysler was around the pre-

- vious close. Douglas also held un- h s

changed,— Small gains were noted in A. '¥. & T. Anaconda, Atchison, Safeway Stores and Sears Roebuck.

The latfer reached new high ground |&

for the year.

C A steady trend ‘prevailed in dull

trading on the Chicago Stock Exchange.’ Borg Warner slipped off $1 to $26.12';, but other price changes generally were limited to small fractions.

U. S. Bonds Higher

Annouricement by . Secretary of | B3 fhe Treasury Morgenthau that the recent $250,000,0000 Reconstruction Finance Corp. note - offering had been oversubscribed 14 times brought . @ firm tone into Government issues * today, while other ‘sections of the bond market moved unce ly. Wheat prices ‘eased fractionally in slow trading on the. Chicago Board. At the end of the first hour wheat “was off 4 to 3% cent, corn off to 1% cent, and oats unchanged to off 1% cent. Scattered commission house sellIng was sufficient to depress the market in the absence of any con-

structive news. Private crop reports |c

estimated acreage to be seeded to

wing a -selloff early in : | Arm

ef wg Net High Low Last Change Alaska Jun 8% 6% 8% Ys

\ f ww, 16% 16% HOR Peiem 118% 178%

Ys \llied Stores .. 10% 10 \llis Chal .... 41% 4 \merada ...... 66 Am Air Lines. . 38% 38% Am Ehaas vB £nice ‘ee 120% & PP 87 of ‘2818 Haw SS . 4 Home Pr .. 52%; 0 25% Loco Mach &rdy 14Y a.

SELL:

3% 1204 2614 24 52% 25% 68 3: a

Am Am

SBR A

of:

11rd : ea

PE Er LE UC pwdeveds

«nh .

+d. 4 oR

\tlas C EP \uburn Rito

a. - +

18%

d Loto cbt .. a

+1. oY = Tem aa

Beth Stoel 7 pf 115% Beth Steel 5 nt 1h .

3riggs .e Je Be 8 ue uckrus-. «1 3udd 1 jullard urlin utler Bros Butte Cop & z Byers, A M . Byers pf .

+1 a ae

a ~

+ I+ os

Sas

Caterpillar T Celanese Cent Foundry .

Inv Comwith Edison & So.

Pia Rt HEREIN RLS SFL

Coty Cub-Am_ Sug oi Curtiss-Wr .... Curtiss-Wr A..

Deere &

11+

Douglas Air . i

ont - Bu Pont of. erg 421

—E—

East Kodak . +1930 15 163'% Ys 15%

Fed Dept St...

“28 Ferro Enamel 30% . Flin 20

“winter wheat would be more than Gen E

two million acres less than last year, and forecast a 1939 winter wheat _crop of between 375 million and 415 million bushels—one of the smallest on record—but traders paid little attention to the reports since they were in line with expectations. Revived investment support brought a moderate general advance in home securities on the London Stock Exchange.

Curb Stocks

A Kalamazoo S&F

: 's| Kroger ads: oe

Grand vo 1 Gt North of .. 29% Gt West fe . - 30% Greyhound Cp Greyh'und 5'pf A Guant Sug of. 22 —H—

Hayes Bdy Hershey of Holland Furn .. Holly Sug

ceri 8 107% 35 137%

4 107% 35 13%

ssa

Bs Central ..

177 39% 3 15% Tag 1514 3614 18%

17% 39% 272 20%

Kennecott Kinney 5

15% 99

15 36

ZV. Y. S TOCKS

By UNITED PRESS

» | Year. ago

Ail fem nd x Reo t Republ ae i Richfield Oil ..

a | Safeway

® | Union

2 United Drag ave Un El Coal

“y|va I

4s w Auto Fal West Union ....

8 | Wheel Steel .

DOW-JONES STOCK AVERAGES. INDUSTRIALS ME Yesterday occecoocecscesesccse 151.60 ass] Week ago sssseseticssssens 154,05 148] Month ago’ ssessebessscsany 150.48 . $0.28 | Year ago ... canbe Es tL as aNe C1028 E010} © High, 1939, 155.20; low, 121.44. = 20 RAILROADS

Yesterday cccsoscescccscenssns, 33.76 0.15 Week 880 «cccoseseissssionss 345 —0.3 Month 280 ..coceesssscaceion, 33.92 . 10.04] Year AF0 -ceccocssnssscasciye SRG °F 0.068] High, 1939, 75.90; low, 28.14. °° High, 1938, 33.98; low, 19,00. = 15 - UTILITIES a 25.68 —0.12 . 26.37 Fo. 25.32 40.18 72805 +0.08 High, 1939, 27.10; now, 20. Tn. HE High, 1938, 25.19; low, 15.14.

Yesterday Week ago Month ago

seesevsisanassasans sheves

“7 Net Las Change eq noo al

— 50

7/8

High Resuing |

Savage Arms .. Sears Roebuck.

1: A

- » « .

pi & SON

= ->

I++: 1 sx 3

4% 12% 48%

-. >

+; Y

Va 11% —l— «4 Va 11% $s - 13% . 7

5% . 14%, +s 8% 4. so - 1% Peer 42 g S Steel ... 4%

—Y %

[win Coach ...

Und Ell Fish... . B&P .

| E

11% 87 47 12% 37 5% 14% a 87% 8Ya Vs 1%

42 14%

Union Carb . Un Aircraft Co: Un Air Lines United Cp. 3

ee “oo. .e

PE .e >. »

+++:

Vadsco Sales ... IC&Ck

% - coves 3 —We— 2 Waukesha Mok . 22% West Pa A8

bpd 0B) WIN oo a oi. Se cA

- RESESFEERE &

Www UI DO

West Air ke. © 381s 5% 41; 3% wd © 415 mY Yellow Tr eo...0 20%2

White Rock Wilcox O&G . Willys. Overind. Wilson « Toor cise

DHL HE HH

she

20Y2

—B Zenith Rad .... 19% 19% 19%

COMMODITY INDEX DECLINES SLIGHTLY

Times Special > J WASHINGTON, Nov, = 2.—The wholesale commodity price index compiled by the National Fertilizer Association declined slightly last week, falling to 77.7 from 77.8 in the preceding week when: the high mark for the year was set. The decline was attributed to lower quotations for farm products and foods. The trend of prices for industrial commodities continued upward, with the average for .all

+ commodities included in the index,

s |except farm products and foods ris-

2ling to the highest point Teached : ‘|since October, 1937. 4

FREIGHT LOADINGS UP

WASHINGTON, Nov. 2 (U. P).— Revenue freight loadings totaled

'1834,006 cars for ‘the week ended

Oct. 28, the best for that period since 1930, although a decline of 27,102 cars. from the preceding week,

Ae Q

+ nlc

{LARGE RECEIPTS

FORCE-ALL HOGS

|Top. Price Slides tH $6. 85; Vealers Hold Steady: in Trading Here.

Marketing Service. ’

0.86.85.

price.

Top Repts.| Oct. 3k > 3 6s

a. Packing sows. and Choice—

{Good 270- 500 $ 6. 300- 330. .

ges

3 30 ow 16698 ese SL ET

S—

ra and Gills’ |

Shot : 1% 10 TT) $ 4.30- 8. 6.45

H 20- 6 6.75- 6.8 a5! Good— 6.75- 6. oi GR 400. . 6.60- 6.85! 6.50- 6.70] 450- 500. » g 3 8,35 6.50! Slaughter Pigs ¢ 20: 6. -35/ Medium and Good—

160- 200. 6.00- 8.60! 90- 120.. 360- 8.3 Slaughter Cattle & Vealers (Receipts, 378

Steers

Choice— Bee 200 00 $0 50-11 .001 ed . 335-13 00] Sausage—

| od . % 75-10.50! Medium. {Cutter and COMMON. o 3 10. 301 Vealers 9.00-10. 33 All Weights— 9.00- 9.75; Good to

3 choice 8.00- 9.25/ Common :

8.00- 9 yi medium . Common — Cull ... 4150-1100. 6.75- 8. 00] Rteers, Heifers

Calve (Recor ® 690) Feeder, Stocker Saitle, Steers

Goo 500- "750.

Heifers | 0 C500. 10.25-11. of Medium — 50- 90. 0.25-11.5 50¢ +1000.

Commmon— -9.25-10.25! ° 500- 900

Cows 7.50 9.28! Medium end

ig... 5.50- 8.2 - 500+ 900. 6.00- 7.50) Roos vis (steers) Cows

- 800-1150. 9.50-10.50! Ge od

- 800. ~1050.

| Goo d and Chol

8 g Be 7.00 9 a: ‘a 300s Calves (heifers)

ow Medium— cutter). 3.73- 4.75. 500. denn ‘

SHEEP AND LAMBS (Receipts, 2319) Lambs Good and choice

| Medium and choice

Ewes (on shorn basis)

Good and choice Common and medium

Hogs—Receipts, 12,000; ly: active, mostly steady; and heavy butchers, slow, lower: top, $7 200-300 lbs i. 6.90, RA butchers, and choice 160-200 Ibs., good 300-450-1b packing sows, lighter weights, $6.4 Sheep—Receipts, 8000" yearlings, active. mostly steady: and fed wooled comeback lambs.

little done on steers and yearlings: ket steady on comparative handful and weak on others: common. lower; fully cents down. early inh week; instances 75 cents or more; largely ‘ steer run: with good shipner kinds scarce; $10.25: long yearlings. $10. he. to orime weighty steers. held $10.75; stockers and feeders very dull, to 40° cents lower for week: COWS.

477-1b. steers.

15 CENTS LOWER|

od classes of hogs declined 15 cents: at the Union Stockyards here today under impulses of large re-| ceipts, according to the Agricultural

+The decline depressed the top price, quoted on 200 to 210-pounders;

‘Vealers held steady ‘with the top|. price at $10.50. Native lambs sold steady to strong with: a $2.75 top|

‘Top. Repts. 14%

:10- 6.25 80| 330- 360.. 6.05- 6.20

. 800-81 6. 13 5.75- 8:0

00.. 5.40- 6.10

| Bulls ( Jearlings excluded) ..$ 6.75- 7.25

6.50- 7.00 6.25- 6.75

5.25- 6.25

iS 9.50-10.50

"$.00- 7.00 590s 7.00

# Choi 500- 750. 10.50-11.00] oe 500. $ 9.00- 9.75 ~9.00--9.50

8.50- 9.00 8.25- 8.75

7.50- 8.25 © 6.50- 7.50

1,500 dow wn $9.75-11.00 8.50- 9.50

Good— 4.75- 5.501 “500 down $ 9.00-10.00 8.00- 9.00

3.25- 4.00 2.25- 3.25 are

CHICAGO LIVESTOCK

light hogs fairmedium weight 5 to 15 cents sparingly: good and choice $6.7 : oss $6.75@

Sent, 5. 50 sells:

fat lambs and

¢ $9. Cattle—Receipts, 4500: carves "060; very margood and choice offerings all weights. but dull medium and good radon light heifers, wesk to-25 cents 5 compared

to choice

load choice Around

s [ceding week and $18,497, 000 for the fully

THE INDIANAPOLIS TIMES Takes Post With Airline

‘line for

F. G. Malbeuf Has been named: district sales “manager \ can Airlines, Inc., in Indiana, it was announced here today. "Mr. Malbeuf, whose appointment was’ effective yesterday, “in sales and promotional work in the ‘the last eight years. He will maintain offices here. Mr. Malbeuf (right) is shown being’ “congratulated on his ‘appointment by D. L. Urquhart, whom he: succeeds. Mr. Urg come field assistant in an eastern region for the aitline,

‘| 8:00—Good News; WIRE.

{at 0 o’clock tonight, Philip’ Roll: 4-the: librettist. |The ‘plot deals with. Aaron Burr's| {conspiracy, Blennerhassett’s’ home on the Ohio]

has been engaged

Chicago’ sales office ‘of the- air- .

uhart will be-

LOCAL | BUSINESS

First entries for the 1939 International Livestock Exposition at Chicago from Marion County have been received this week, it was announced today. Entries were reported from O. C. Blank & Son of Indianapolis and the Hardin Bros. of Bridgeport. The “|Blank entries consist of purebred

Bros. list entries for the Hampshire

swine classes in the show. A total of 12,000 animals is expected to be entered in this. year’s show. Contests will feature 30 breeds of livestock. Cash prizes will exceed $100,000. One of the features of the exposition will be the 21st annual International Grain and Hay Show, entries for which will be sccepied up until Nov. 20.

Lists Milk Prices

Milk prices for the delivery period Oct. 16-31, inclusive, for distributors in the Marion County area were 1announced today by Leon C. Coller, county milk administrator. They

ro J Class I, $2.18; Class I-b, $1.60; Class II-a, $1.59; Class II-b, $1.47; Class II-c, $1.44, and Class III, $1.22. Prices are for milk of 4 per cent butterfat.

Clearings Above ’38 Week

Indianapolis bank clearings for the. week ended yesterday again

3 moved contrary. to the national

trend, a comparison sof figures shows. In 22 cities measured by Dun & ‘Bradstreet, Inc. clearings this week gained over the preceding week, but declined from the total for the same week of lastr¥year. In Indianapolis, clearings. for the week ended yesterday were $19,043,000 as compared with $19,489,000 -the :pre-

year-ago week.

Chester White swine and the Hardin |

(C. OF C. SCHEDULES MERCHANDISE CLINIC| 2

‘The first of a proposed series of merchandising clinics ‘to ‘be sponsored by the Indianapolis Chamber of Commerce for the benefit of sales

executives and salesmen of . retail, wholesale, manufacturing and service concerns. of the ‘city will. be held here’ Nov. 17, it: Was, announced today. Edward Zink of Eli Lilly & Co. president of the Chamber in arge of trade promotion, said the clinic will be conducted . by Carl Palmen, nationally known mer-

of Palmen & Associates. of: Cleveland, O.

“Merchandising at Its Best,” ‘Mr. Zink said. He termed it “a scientific demonstration of the fourth

.| dimension of merehand isi trait :

ing the public to sell itself.”

UNRUH TO DISCUSS _ U. S. FOREIGN TRADE

- - av - . The Neutrality Law, as revised by

by E. J. Unruh, director of the Midwest Council on International Relations, this evening at a meeting of the Foreign Trade Division of the Indianapolis Chamber of ‘Commerce in the Severin Hotel. - Mr. Unruh also will outline the probable effects of a long European conflict on the export and import trade of the United States and the present position of this country iin international trade. Charles L. Sar-

ufacturing Co.,. vice: ‘chairman of ‘the

division, will presid. : LOCAL ISSUES

The following uotetions by the: Tndianapolis Bond & Corp. donot’ represent -actual - price offerings. op merely indicate the approximate ‘market + level based on buying and selling quotations’ of recent transactions. :

[birthdays today: “Myrt and Marge,” | the networks oldest ‘serial story, and

‘| America: Since Jan. 24, 1038, (©BSWEBM, 6

2 Nitterio ‘Glanninj, ‘who , wrote. al South | radio opera, called “Beauty dnd ‘the 3 : Beast” last year, has done another|th one.

TONIGHT Tg * 7:00—Ask- It ‘Basket, WFBM.

8:30—Town Meeting, WENR. .9:00—Music Hall, WIRE. -9:00—~Workshop, WEFBM.

Two CBS shows Seletnate eighth

“Yox Pop,” the ‘Johnson-Butter-worth questio re... The real-life mopher and daugh-| ter team has presented .1500 episodes of 3,000,000 words during that time. The Vox Poppers have popped some 200,000 questions at -3808:persons in 481 broadcasts. Tonight they'll talk to Scotsman Jock Scott, ‘who has walked around . North}

p/m... - wr

It is titled: “Blennerhasseft,” and you may heat it on CBS-WFBM|

hatched : at Harman River island named for’ ‘him. How‘work; the Singers have not been. an- |

nounced. | ® » »

ard ‘Barlow will ‘conduct’ the: NEW | :

ON THE RADIO

Tow a appears. With Halen} Huston

a i

with Raed aap Nadine Con=

ner, the old “Show Boat” prima 8 sings; Meredith Willson induces another new composition, en Romberg's vs Humoresque” . . . all on tonight’ “Good News” show, 8 o'clock © NBC-WIRE. . . . Bing Crosby. a

Jean Peterson this evening on. i same network an hour later. -

program. at 3p. m. featuring eodore Roosevelt Jr. Paul White

ons: ooRIE ting them it

islorcjock. Shckeot H. Jacks

‘bate the

p.m

0 ‘nortnal ni Anno a a

“Billy Halop of the “Dead “End » t J »

INDIANAPOLIS WFBM 1230 ' (CBS Net.)

Kathi Ni Golden Store Ureia

ATA ‘Scat

ttergood

. Disa Byrd Billy & Betty Spelling Bee. ih yhouse ics

opie WV. ee ltenborn E Eurosenn News Ensemble

Gir) Alon

fichael ‘Loring - i ¥a0, oring Mystery

Askit-Basket Man's Family

ainst Storm. . ck Reed’ r

Pleasure Time - ogen’s, Or, . ° Dick Reed

chandising counselor and president | It is to be held in the, Naval Armory auditorium, W. 30th |

‘| St. and: White: River.. The subject of the clinic will be|-

:00 the U. S. Senate, will be" discussed | 2:

geant of the Diamond Chain Man<|

in de C0090 | 191971919 | bind tind | 3ST TD UD | Foe vt we et

Major Bowes

‘Geog News

Workshop

Syucupators . Singing. Cop .

‘Amos & d ray %. Aunty

ew! Paul Sullivan . Voeati

Ayes’ or Ellington/s or,

252 4853/5852

LOD [NMWRR | 3273? [AAIDD 5

Bee x

foe fh st Jed waa £253

“Recordings”

”» »

nk ef ok fh bh ju em cose on

INDIANAPOLIS "WFBM 1230 (CBS Net.)

. Early. Birds . »n on

WIRE

Dawn Patrol. Ma rkets

Strange as Seems Those We .Love

daha. Gunther agit, Ore. Sire

Griff Williams

FRIDAY PROGRAMS -

INDIANAPOLIS ~ ‘1400 ° (NBC-MBS)

Paris at 2:30 p. mi tomor fashions, P

THIS EVENING.

e Indianapoli mou A THEE i 3 RE J fragourasen

INDIANAPOLIS (NBC-MBS)

in program, ane

Regan

(NBC-MBS)

CHICAGO WLS-WENR 830 (NBC Net.)

‘Home Foru J. Dorsey's “or. Antho Dianine Sisters

Community Fund News enads ade Baker Tom Miz Lowell

Khav Joes One ofSports 5 Tere Sports Farmers, Forum Man's Family

Joe, Penner Those We Love di Musjo Hall

H. Soitsloy’s Or. % > of >

Beer Dryas d's Or... s Of. bt

Tonfs —r mg! pe F

Tturbi-Orchestra Town Meeting

News. =... Bardo’s Or. ' a Kasgels Or.

. Regordings i

. Little's Or: _ Madriguera's or,

ing 10" ; Pray,

Fre ra yr oer

News Freddie Miller G x

» ”»

Dagn Patrol » ain

‘News . Rubinoff: ~ Air, Kitchen Julis ia

Editors "Daughter

‘Bregkfast Jam ”. ”»

Col Safes.

Fashion ase oh Devotions - ¥

Sap l ”»

Kitty Kelly Myrt and Marge

Hilltop Stepmother Lanny Ross Brenda Curtis

Big .Sister Life - Stories

Kate Smith Girl Marries Farm Circle

Other Wife Plain Bill

David. Harum

Loren nes Widgdér Brown ad of Life

- Singin’ Sam

- SS>

= CE1EEEs

dlines he s ee Farm Bureau

Ne Kitty Keene Vocations ,

1 O’clock Tunes Dr. 8 Melod : My" So

gn3l5803

Markets,”

-. St

Betty and Bo mm's Daug Salim ad ‘Betty “Crocker -

es n'& 1°

Joyce Jordan Society Girl School of ”»

Ha > Perking noer * Guiding Yom

ened) S852 &

Hoosier Talent

Butler Coven 8 - Smilin’. Ed . .. .

Kathleen Norris. Holliwood = "Scatterrood : plak” Byrd

‘Vie 2nd sade ~ Midst pa a

gin_A

38803

Sh RDI

“1 ‘Married’

Woman in White

"Weather - Bevoriet of Exper.

Mary Marlin: ‘Backstage Wife = Music Stella Dallas.

catist’ Storm Reed

Hits of Today. 4 Charm House Dr. Swing Frigndly House

Safety Prox, Safety, Prox Road of He ;

Food ‘Program ; ‘Woman Speaks Rhy lls

m ELL i Farm: ‘Houe

ome Folks coms Earth ill. Lone?

Reflections

Linda’s Love appingsy

Rubinoff

etiv and Bok. x ji; x fiber vai ant Lady~ thy Croc (op re A

ay pe

ei a

“Bros: ’ ,Flease.

Plano “laren umber Please .

ter

h fot dstand A, Jamhoree :

Silent .

Hr A

ead #4 . iy

Torts 2

Hr Time - §

~& >

steady on killer account; hulls steady snd veslers weak at $10.50 down: very ov weighty sausaze bulls above $7. com a medium light steers selling at 56. $0

KEY NETWORK STATIONS (Subject to Shangels ] MUTUAL—WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM, 850. | ‘| NBC-BLUE—WJZ, 160; WOWO, 1160; WLS-WENR, 870; ‘KWK, 1350,

;|the Association of American Rail-: 32 | roads disclosed today.

Ask 9

. Stocks Bid

Clearings for the Dun & BradAuto Invest Cor

street measured cities were Shee 602,000 this week as compared to

E Bd&sn 9Ys - ‘Bd&Sh § ot. 6835 Guif +. 427%

DHE LEER LE LEE fr LE

Un Lt&Pw Wilson Jones i

Chicago Stocks

High Ball B cecesosen. 111 & CO aicvarnens

FETT

0 4s 4s 00 LI 00 st 00 b= TD NN =D Sd Co 0 ht Oy

OT RNTRNTATETAN

£ FOREIGN EXCHANGE

YORK, Nov. 2 (U. P.) .~Following

are noon cable rates on major: currencies: . Cable Net and (pound). sesesie

“~Rates _ Canada (dollar) e.ie.. Ts France {inane} uve vas. 0327 ly (lira) ...:ccovseee

. ‘Germany

(mi ~ ‘Switzerland (franc) “es 3 Helland Axullagr) . Sweden

sane

srg rede

| DAILY PRICE INDEX

. ties, com + 1(1930-1932 ‘average equals 100)"

i s x

Yesterday Seesesaniicanienes .118.13 Chess arrives ie 118.46 soecviciasnes rsa 11803 > YER 880 ...s0...00r0esse0...10449 | 1839 High (Oct. i8) . esessssss.110.66 ‘ 1939 Low (July 24) ceeener.. 101.40

Week ago. - Month" ago

an and over, iy colored springer:

up: 9c: old roosters. ‘strictly fresh country case must

be made). iter — No. Sadi he: No. 2. 209 * utterfat, ‘Ne. 27c; No. 2. 26¢c. * ces quoted » Wadley C

See Final Edition : of the Times for

SERRE

7s |Nash-Kelv ...

8({N Y Central ...

NEW YORK, Nov. 2. (U. P).— ® Pun & Bradstreet’s daily weighted . price: index of 30 basic commodicompiled for the United Press

weigh 5 55 or h full

FREREREEER

Ve Nat Biscuit . * 2314 Nat Dairy Nat Dairy pf A iid C 30% 75 Newberry «ee 41 Newport Ind . iy . 40 22% 56% 27% 6

—

8 23% 19%

NYC&StL pf . No Amer No Aer 5% “of No Am Avn Norwalk TT ese

Ohio Oil Shiver Farm Eq Otis Elev

8 23% 19%

Pac G & EI ... 30 Pacific Mills .

Pe . Phelps Dodg Phila Co 6 Phila aad C1 Pitts C pis

4012 1143, 8%

% 5% %

1 ‘es “ sateen 18% 18%

NEW YORK, Nov. 2'(U. P.).—The effects of the European war on the money market have been diminishing as a day-to-day influence and ilcreasing emphasis is new being placed on the domestic situation, the Eederal Reserve Bank of New York said today. . In: its current monthly review of market conditions, the bank ‘stated that the conflict abroad still is<an important factor in the market outlook, but noted that the first shock resulting from the outbreak of war appears.to‘have been assimilated. The bank pointed out that~Gov ernment and other high-grade bonds scored an “irregular but substantial recovery” in October and that stocks and lower-grade bonds .showed ig

5 “| nesitant tendency. idee bo Leghorn Drailers, 2 lbs.

“*There was evidence,” ‘the review

large expansion of commercial loans as would cause a rise in interest rates had been revised downward, as well as evidence of reduced sensitivity to news from Europe, and in-

TOPCOATS & OVERCOATS

Ove 500 to Select From, x th Unredecmcd. thorou rou N sterilized All colors~All eto J

said, “that expectations of .such a

COAL OUTPUT UP

- WASHINGTON, Nov. 2 (U. P3.—| The National Coal Association. esti-|’

mated today bituminous/ coal -production during the week ending Oct.

| 28 totaled approximately 10,300,000 net tons, an increase of 19.1 per|@$

cent over the same week last year and 10.2 per cent above the corresponding week of 1937.

DIRECTS BIRDS EYE SALES

a | Times Special

NEW YORK, Nov. 2—G. L, Mentley has been appointed sales manager of Frosted Foods Sales Corp. A. E. ‘Stevens, vice president, announced today. Mr. Mentley will direct all sales of Birds Eye products.

FOOD PRICES

CHICAGO. Nov. 2 (U. Py Apples Michigan, Jonathan, bu., 80¢ Potatoes—Tennessee, bu., '[email protected]. rots—California, oaies, '$2.35@3. Spinach —Illinois, bu., @15c. Tomatoes~—Calir fornia, gs, RY 50@1 20. 5 allover ~ New York, crates. $1.15@1. Pea fornia, bu., [email protected]. Ba Ma roo

Minnesota Yellows, 55@57

/ | 1b D nkS)—1daD0 Sweet Spanish, 65@170c! | 20% Vac. wn

WAGON AT ong ns lis grain elevators are: in Ro red, Bic: subject to. maid change other Ra ‘on thei r me

a4 .corn, new No. 3 yellow. 45¢. Oats, Sse.

Decline of War's Effect On Money Market Noted

vestment buying of high grade securities was resumed on a mu te scale by banks and other inv institutions.” Commenting on the action of the stock market in October, the reserve

bank called attention to :the fact|-

that industrial activity during the month was at about the highest levels of the last 10 years, while the

prices of industrial stocks remained :

nearly 30 per cent below the highs established in the first quarter of 1937. Railroad stocks, it added, were nearly 50 per cent below the 1937

aks. This hesitancy, the - review de-

claréd, “apparently reflected less ‘op-|

timistic estimates as to the influence of war demands on business in this country, regardless: of the outcome of neutrality legislation, and fear that if no material expansion of export business develops within the next few months the growing -domestic demands may not ‘be sufficient to sustain industrial activity

at the levels reached in the fourth |

quarter of this year.” = '-

Sale MEN'S on

+ 1160-200 1bs; 260 1hs

Car- la

OTHER LIVESTOCK

CINCINNATI. Nov. 2 (U. Receipts: salable 3000; holdover. 280. Gen. erallv 15 to 25 cents lower. Top, $6.85: 225-250 lbs.. $6. game 70; 100-140 1bs., 10: sows. [email protected]. Cate Satable. 500: calves, 250. steady on moderately active market, but ew hids weak mixed yearlings to $9; choice scarce: few short fed heifers. -— 5; uli ‘vearlings and heifers. $ 8.50: load plain weighty steers. $7.50: to ‘good fat beef cows. $550@ ners and cutters. [email protected]; se ou vealers. steadv to od and sholes, Sheep—Salnble. steadv, quality ie condition sontiderad. Few lots good trucked-in lambs. $a common _to medium. $6.50@ graded rail ewes and ethers. $ 10@10. slaughter ewes mainly $2@3.

PT. “WAYNE. Ind. ' Nov. Hogs. ‘ 10 cents ai: 00-200 26.60: 270 340 Ios, 50: 260-280 1bs.

"100-120 5. i 5; stags, 34. 5; calves, $11;

mbs,

LAFAYETTE: Ind; ‘Nov ‘Market. 5@10r lower: Novato Tha . 35. Ares 65: 250- 328 2 “down: roughs.

. i . di $9. 010. Lambs, 3.25

Calves,

U.S. STATEMENT WASHINGTON. ‘Nov. 2

ment expenses and. Sots (Ea py Oct. en

Customs .. 154,090.1 13

INDIANAPOLIS S_ CLEARING Rouse Gleatings en aan eb .

Saceespnne

"extra year smoothness.

P.) —Hogs—

$5.35 Mostly : scattering light strictly good and

Sy .50: cantop sausage weak. Top, $11@ 000. Fairly active. fully

i a 400 head strictly a to choice Taupe

(U. P.).—Governfor the current Ee wiki

"530; Li 2 & i 359. 2 3 258. 13 14,064 ‘294. 136. 81! ’111,160,516.96

903.000 3 "630,000

$6,034,543,000 for the 1938 period. This week’s clearings were reported $682,689,000 over the preceding week,

Incorporations.

Children’s Ghani Hospital “for urdery Assn., Inc., 417 arrison St., Ft. no capital iE: operate i ison: Bailey, Rev ol * 'Unrlaub Ti other p.. 2037 E ; Indianapolis; agent, . Lilly. same address; 1000 shares no par value; to haul and transport and deal in Fl kinds of troleum products;

1000 share no par restaurant Se; avern business; Jon we, Charlie Milhotiand, foams pst

ein. Morris Clothing, hl Frankfort: chal of agen to Robert B. Morris, 51 E. r giuncie Parts Mig. ‘Inc., ‘Muncie; oo , agent fo Hg Louis Conte, Eighth

ey wood or’ ® Massachusett cor- : swood Cord of articles of in corporation, wy lon County State Bank, Kentland; u oath Street Realty Corp.. Whiting; .dis-

lut Forest. O 0 New York co! ation; 2 |, dmicted i : Sa dikna to prospect: fo as and minera SV ndusky pIale. age & Lumber Co. Ohio corporation; withdrawal from Indian anki © Realty Gorp., 3698 N. Meridian st., De olis; age nt, Lulu U. Craig, J.J. Kiser, M. A. Urmston :

i George) ; n Van Camp Milk Co Shim sosess 03

is Bed ia; Noblesville Se Wl or oil, {Ohio

-ptd.. P. y- Co COM. vrs Pub Serv Co of Ind 6% id” Serv Co Th 1° bid. .-

veae a i Bonds American Loan 58 51.....000.. 87°

American Loan 5s 46......... 9 le ns Ind Tel 4% 3

nd Ass Serve Indpls | pied 3

‘Wat bes 6. aves vae. +101 Boke ni% 8 99 er o thoi XY Sh Re Sano at 6.. vets Mu ie Water

ssans

% He

tores a>

4) jad 4. oy. : 100%

ub Tel alo 88 Water Wks 5% Richmond Water J i

FIRE-WIND-CASUALTY wom: : FIDELITY AND SURETY BONDS

Have our Insurance Department prepare a complete survey for you.

THE UNION TRUST COMPANY

Tr Haute Ferm Gor 8% 49.. "Ex.Divi nd. ary

5,180,000 SEE ‘FUTURAMA’

NEW YORK, Nov. 2 (U. P.).— When the General Motors Corpora=

Tuesday evening at the close of: We 1939 New York World's Fair,.

eled a distance of approximately 1,700,000 miles: on the exhibit, A. J. Schamehorn, general manager; disclosed today.

tion’s “Futurama” came to:a ‘halt 1 3

total of 5,180,00; persons had trav=|.

NBC-RED—WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670. CBS—WABC, 860; WIR, 750; WHAS, 20; EKMOX, 1080; WBBM, 70:

onda +,

. LOCAL PRODUCE

(Reprinted From Yesterday's Late. Edition) Heavy breed hens, Barred “an 0 > Wn an ® ool, d S. Vi ci e ers, 20% bs. and ‘up 0c: Le orn BEG 18Fs, als ana over, 9c: old Toasters; 7c. 5.0 0, 1 strictly fresh countr. r S, 18c} each full case mu ust p A: gross; a net deduction of ae cents for each full case under 55 1b, s. will’ Xe. made. Butter—No 1, 30% @31c: No. 20c. Butterfat—No. 1, 27c; (Prices quoted by Wadley. “co.

BUSINESS