Indianapolis Times, Indianapolis, Marion County, 11 June 1940 — Page 15

TUESDAY, JUNE 11, 1940

- ‘BURIED GOLD STILL IN USE,

U. 8. EXPLAINS

Federal Reserve Board Says Metal Is Being ‘Safeguarded.’

WASHINGTON, June 11 (U. P). =The Federal Reserve Board, replying indirectly to suggestions that ‘the Government use its huge gold supply—now $19,303,000,000—to finance the national defense program,

said today that the gold is being],

fully utilized even though it is

> THE INDIANAPOLIS TIMES

Boord of Trade Elects New Officers

Steels, Chemicals Gain $5:'

‘| points were registered in steels and

N.Y; RALLY LED BY WAR STOCKS

Peace-Time Issues Also Advance.

NEW YORK, June 11 (U. P).— War issues led a broad rally on the

stock market today following yesterday’s plunge to new .two-year lows on Italy’s entrance into the war. . Gains ranging to more than five

chemicals. Broad gains also were noted in aircrafts and all issues of companies that might get war orders. These included automobile issues, railroad équipments, farm im-

CL A ge ma aT AMES ns

Contest Leader

_|soloists.

‘lis’ expected to be nanted the next

-ON THE

TONIGHT . 6:00—Aldrich Family, WLS. 6:30—Information Please, WLS. 7:00—We the People, WFBM.

7:30—Professor Quiz, 7:30—Fibber McGee, WIRE,

One-half hour of songs will be heard each Tuesday over NBC-Red at 7:30 p. m. beginning July 2°to replace Fibber McGee and Molly when they leave on their vacation. The program will be christened Meredith Willson’s Musical Revue and will include Kay St. Gefmain, Ray Hendricks and Cliff Nazarro as

8 8 =

Niles Trammel, National. Broadcasting Co. executive vice president,

president of the organization at the board of directors meeting July 12. He will succeed Lenox Lohr, who

7:00—Cavalcade of America, WLS. |

_ PAGE 15

RADIO

America at 7 o'clock tonight, NBCWENR. Cavalcade’s musical dramatization will recreate episodes with songs from the first decades of the 20th century—an era in which Mr. Herbert dominated the musical comedy world.

‘Ruth Gordon, Ey and screen star, will play a return engagement on Information, Please, 6:30 tonight, NBC-WLS, when she takes the place of Jimmy Durante who cancelled his appearance. The regulars, Franklin P, Adams, John Kieran and the pianistic Oscar Levant, will also be on the receiving lend of Clition| Fadiman’s simp

ers.” 8

Edward G. Bovkisen returns to his role of Steve Wilson, the crusading editor in his broadcast over Columbia at 6 tonight. He will Star in “We Americans,” a’patriotic

script adapted from the Ben Ames Williams’ story, “The Field of Honor.” Ona Munson resumes her The music of Victor Herbert will{role of Lorelei Kilbourne, the star be featured by the Cavalcade of!reporter. ze 8.0 8 os 0s ® THIS EVENING

"(The Indianapolis Times is not responsible for Jinaccuracies in program announce ments, caused by station changes after press tim

Best Driving Records in Inter-Fleet-Contest. INDIANAPOLIS _ INDIANAPOLIS : WFBM 1230 . WIRE 1400 (CBS NET.)

Awards for the 1939-1940 Inter-|—— (NBC-MBES) Fleet Safety Contest, in which la Pleasantaale Jolimny McGee truck drivers of 67 Indianapoiis an Joyce Jordan " Home Eaition Marion County business: concerns World Today oncert Music operating more than one truck par Waltz Time Dessa Byrd ticipated, will he made at 8 Dp. Syncopators Thursday in the War Memorial _— NEWS ditorium. Biz Town At this meeting individuals and companies -having the best safety records will be presented with certificates. The coniesd ran from Nov. 1 to April 30. The competition was inaugurated in 1938 by the Indianapolis Police Department, in an effort to reduce the number of accidents involving trucks. The past year’s contest is sponsored by the Indianapolis Lions Club ‘at the request of the police.

“buried in the ground.” Because of the suggestions, some of which have come from Congress and the growing public interest in the gold problem, the Board published an explanation of ownership of the monetary gold stock.

‘Serves Its Function’

“It’s being ‘buried in the ground, ” the Board said, referring to the . Treasury's subterranean gold vaults at Fort Knox, Ky., “does not mean , that it is unused, but that it is being safeguarded as valuable proper- A ty of the United States while it con- 82, By 2, tinues to perform its function as re- teel ... 40 serves behind the circulating curony and bank deposits of the pubec.” The Board’s explanation follows: - “The process by which the Treasury acquires gold and puts it into use involves a number of technical steps, partly the result of custom, partly the result of law and regula- - tion. Reduced to simple terms they are as follows:

Process Outlined

“1, The Treasury receives the gold usually at a U. S. Assay office or

mint—and issues a check in payment for it.

“2. The check is deposited by the seller of the gold at his bank, which gives him credit in his deposit account. “3. The bank deposits the check in the Federal Reserve Bank and receives credit in its reserve account.

“4, The Federal Reserve bank charges the check to the balance

which the Treasury maintains with 5 it. Am Roll Mill .

x Am R M cv pf. “5. The Treasury replenishes this A Ba balance by crediting gold certificates Ship Bud: to the Federal Reserve Bank in ex-|4m 1 change for deposit credit. . 23%

‘At the conclusion of these five A steps the matter stands as follows: 2 Bat? The Treasury has possession of the Type F ... 3% gold; bank deposits and bank re-|, serves have both been increased by the amount of the gold; and the|Am Woolen pi. aq, Treasury’s checking balance at the|Anaconda '.¥... 22 Federal Reserve banks, reduced by|ARY. Dano Ll the purchase of the gold, has been|Armour Ill ....

Iouied by credits based upon the eso Dr Gh

WHEAT THREE CENTS |} £4 HIGHER AT CHICAGO

his Line. . 10% SEW pt 107 Refine. 0% CHICAGO, June 11 (U. P.).—Liberal buying interest brought good|g advances in wheat prices on thg|g

. £1 1 1 ny as Cor 2 , LEP & Qhio Off _ . { Oliver F Eq as Bde pt. . 112% bus Chicago Board of Trade today. Volume was moderate.

\ustin BN Nich... \viation Corp.. Wheat closed 24 to 3% cents higher, July 83@83%. Corn was up 1% to % cent, July 633%. ®ats unchanged to ; cent higher, July 33% asked, and rye advised quickly in late dealings for gains of 13% to 2 cents, July 46¢c bid. Soy beans remained at the pegged limits, July 89%c asked.

plement shares, shipping issues, heavy machinery stocks and the machine tool shares. Peace time issued participated in the recovery, although on a smaller scale. . Steels featured in activity.’ Aircrafts also were relatively active. Oils were more active then recently with Standard Oil (New Jersey) featuring in strength and volume. The latter at its high of 36 was up three. Mercantile stocks were better with gains ranging to two points. Loew’s rose more than a point in amusements.

F. E. Thornburgh . . . a leader in resigned.

Times Photo. the safety contest. #8 =»

Neh officers of the Indianapolis Board of Trade were elected yesterday in the second successive year the “official ticket” had no opposing independent slate. Officers for the ensuing year are (left to right) Albert O. Deluse, Lew Hill Grain Co., re-elected treasurer; Edwin K. Shepperd, Cleveland Grain Co. manager here, presiden t, and Fermor S. Cannon, Railroadmen’s Federal Savings & Loan Association president, vice president. illiam H. Howard (right) is executive secretary of the Board of Trade. One hundred sixty-eight ballots, representing more than 5000 shares of stock, were cast.

FINAL NEW YORK S1 OCKS

Bv UNITED PRESS

IDOW-JONES STOCK AVERAGES

Net Close Change 30 INDUSTRIALS in Yesterday .....ccc0.00000.../111.84 =3.52 Week 880 .......cecc0eee... 115.79 41.06 Month ag0 ..ccccvoveeneee.. 128.27 —9.36 Year ago .......... ream ... 138.20 —0.93 High, 1940, 152.80; low. 111.84. High, 1939, (155.92; low, 121.44. 20 RAILROADS

Lions Club to Reco

CHICAGO WLS-WENR 870 (NBS Net)

Johnny McGee Malcolm Claire Glenn Garr Bud Barton

Easy Aces Lost Persons One of ,Finest

CINCINNATI (NBC-MBS) Cotton Queen

Kirby & White Lowell Thomas

Unannounced & Benton

Don nslow H. V. Kaltenborn

Johnny Presents Horace Heidt

sinh | 838 5858

Net Low Close Change 16% 16% + Ys 3% ..e-

High [a m g cts 16} arine Mid $e 19% kt St R pr of 372 32 arshall Fld . 9% 9

artin (Glenn) 3238 31 21 artin Parry 8 93g 154 asonite Corp 220% 22%, % athieson . 22 1 ay D S8..

Hog prices at Indianapolis were generally steady today, according to the Agricultural Marketing Service.

The early top price was $5.20. Vealers were steady with a $9.50 top. The Marketing Service reported 2459 salable cattle were re1 | ceived, 808 -calves, 11,039 hogs and| The Inter-Fleet trophy, won last 1% 561 sheeps year by Indianapolis Railways, Will va : . be presented the company with the onsanto pf B 11 7 June SIR Ecpts.| June Top Repts.| outstanding safety record for the ont Ward. . : Yo 330 0 a) > ces 3 3 ih contest period. 7 ... 525 1012511 .... 520 11,039| In charge of the contest i George Ihnat, chairman, F. A ullins M B'.. 3 IR 0-0 wp 370- 340.. $3 - 4.60| Thornburgh, treasurer, and Frank MUTTRY ......s s 18 - 400 5.05) 300- 330.. 423- 430| Daniel, program chairman, all rep- ‘ 33 . $f 35 ood 0. as resenting the Lions Club; Jerry C. 22 © B15. 5.25| 400- 450.. 3.90 4.15|Scher, acting secretary; Fay Lang2 - 8.00. 393 450-500... 4.00| don, D. J. Hendrickson, J. J. Steur50- 500, wald and Stanley Daugherty, all members of the steering committee, and Judge Dewey E. Myers, chairman of the advisory committee Bulls Contest judges are Tom Ledwith (Yearlings excluded) |of the Indiana Bell Telephone Co, Good ...$ 8.50- 1.00! representing the Citizens Safety .00/ League; Irwin A. Ward of the State Life Building, representing the Indianapolis Chamber of Commerce, and Russell E. Campbell of City Hall, representing the Mayor's. office.

aovas

0 Toh Reed Inside Sports Johnny F Presents Horace Heidt

o or

Shields’ Musio Horace Heidt !

=D GaoNS

Missing Heirs k .

a »

NO FES

legh | Corp r leg C eC

We, the, People Prof. Quis

Battle of Sexes Fibber McGee

Cavalcade Battle of Sexes 22.79 Grant Park Conc't Fibber McGee 23.35 ” ” ”» ”» 26.33

27.81

Yesterday Week ago Month ag0 «....ecoc00v0000e Year ag0 ...c.... High, 1940, 32.67; low, 22.14. High, 1939, 35.90; low, 24.14. 15 UTILITIES

Sees ecsssesscssene

Naps LOB

WIC NOD

I a¥edeaded LF

&558

| |

FAH

Bob Hop Unannounced ” 2 Vaughn Monroe Doghouse Concert Singing Cop o ”. Carl Ravazza Amos and Andy. Pleasure Time 10 o’Clock Final Lannv_ Ross Dick Reed " ” Fun at the Second Husband Baseball ” ” Dance Or. ” » ”» ”» #” » Sports

Peter Grant Schniekelritz Gardner | Benedict

~ Glenn Miller Public Affairs Serenade

Bob, Hope Dog, House

oh ps a3

seevresenn

. .

SHH HE -

Pleasure Time Fair

DA AN 823/68

18.03 18.66

Yesterday Week ARO «coccoceconnsonnce Month ag0 .....cceoeccsseee 20.80 Year a8g0 .......... 23.93 ' High, 1940, 26.45; low, 18.08. High, 1939, 27.10; low, 20.71.

vas} Kirlittes’ +54 Bank Note. Bosch

SC. Br Shoe... 3 Br Shoe pf.13 m n m Can Car

COD | RRR

ens ls

Clyde Lucas ” ”»

Outside Looking In Musio You Want Leonard Keller

Musio You Want Ray Kinney Jan, Savitt

News Johnny Messner Baseba Ray Herbeck Eddie Bush Teddy Powell ” n

[od

Ph nd fh nh os -» ot

Deke Moffitt Moon River

- INO Dad

Net Low Close Change 28% + 2Y% 7 +

4 5Y2 4% 27Y, 10%, 2Ys

1% 25%

50 17%

High 28% 4

Gus Arnheim

WEDNESDAY PROGRAMS : INDIANAPOLIS ~~ INDIANAPOLIS CINCINNATI WIRE _1400 WIBG 1050 (NBC-MBS) (NBC-MBS) WL

Dawn Patrdl Market Reports

Dawn Patrol ” ”

5 h-] tf ud antariane ae > 58

00s tt RAR RE SR Te

222222322

C Am Colortype ol Com A

| [a 3g | Orucible Stl

+ we =

. 3 er 2d . IC 1

FOND) be apse mt et 1 BD ©0314 00 ~*

ueller: Br . Packin

INDIANAPOLIS 1230 (NBC Net.) Early Birls

Cub- an Bug bf 275% Cudah 10% Curtis pub ‘eu 2% Curt Pub pf.... 33 Curtiss-Wr * .... 8%

I+: on

By hs hb be he Bb hb be hh a hh he be be he be be be he he bb be be by >» 3 2B »

-3 OLN DOD WD

ist Devotional Tex, Millie, Dollie Symphony Boone County

Breakfast Jam me to Shine ” ” Ni

Ne ” ” Lone Journey ” ” Portia Blake

Hapoiness Midstream Ellen Randolph Kathleen Nogris ill) lLinda’s Love

rah NI wb

wo Le ® a FS a

News

Bn Kelly Man de Married MAR & Mas aetre Ra oo Iph en Randolp! My ’ Kathleen Norris

Short Story David Harum Life Sexins Road of Life Big Siste Against Storm Jenny’s “Stories Guilding L Light Kate Smith Linda’ V's Love Girl Marries Editor's Daughter Song Shop Air, Kitchen Kitty Keene

Hits & Bits Farm Circle .

A 8 pf... 50 @ |Cutler-Ham .... 17%

+1 +++:

S gph >

5853 | 5E53 | 58S | 5S

Basonology News

500.. 3.50- 4.1 Slaughter Pigs 3.00- 3.75

30 s 25033 0. 4.60- 4. 7 90- 120.. 4.00- 5.00 Vealers (Receipts, 2459)

Davega Strs....

“ar bd . © #4 bt C1 ht fk ft

News 2" Bright Spot. Mav Robson Devotional

Memory Lane Music Magic Richard iebeny Home Folks

Friendly, House Haven of Rest

Castletime Sam Noonday Rhythms Clem & Maggie Woman of Courage Bill nes Farm Hour H. V. Kaltenborn Listen, Mothers id 9” Farm Hour Boy Greets Girl od »

Markets. weather Ranch Boys Light of World Farm Hour Novatime Grimm’s Padsier Sunshine Melodies Valiant La x Betty Claoker

Marv Marlin Ma Perkins

- nN

Q 2]

ee NRA

Guiding Light ee Wjuan in White

eos Ste : X Daughter

Dist Sea pf ww 61 Dixie-Vortex A. 30% Doehler D Cast 13%

pC a

- CO ON ACO Od hk C1 ed htt a pti I OF lI OD

VIO | imi | SSDS | £0©D | WRWW | otatazez [AR |

os oso

Bote

aD 2

- C0 Jibs 4 BD) NCI DD

1% i?

Ya %

®n ©O0e SOO BD 301d DOSE Gr. OIOYT OOO

- 9, -9, - 9. 5 Singin’ Dresser Mfg .. oma % Duplan Sie vie 9. Du Pont Du Pont pt. Duques L pf’ v 115% —E— East Air Tines. 28 2612

East R Mill ... 37% 37% East Kodak . . 120% Ei

). * 8.50- 9.25 pr 1100. 7.50- 8.50 Steers, Heifers | Choic

eR BD SD: -. o>

Sate

+H HE

2222

DOb=spa C3 BOtit bil

Dr. Malone News Fletcher Wile Reporter My Son Dick Reed

Society FL Mary Marlin Hollywood Ma Perkins Jack Leonard Pepper Young Capitol City Pepper Young Wheeler Mission - Vie & Sade ” id Vic & Sade Lecture Hall Packsiage Wife Piano Moods Backstage Wife Melody Matinee Stella Dallas Want a Job? Stella Dallas Lorenzo Jones Concert Hour Painted Dreams } _ Organ Music Widder Brown »” yo Kitty Keene ) Kathleen Norris

Girl Alone - Capitol City n 1 Married Golden Store Beautiful Life " i sautitul Life My Children Your Treat Request Time iss J Scattergood O’Neills » ” Elisabeth Bemis Pop Coneert

Camb; B Cont Hugo Monaco Follies " 7.75 Cou Ios Jortny Home Edition no» Kirby & Whi . §45/.300 down 230150 Vincennes 88 0 World Today Milk Council “ » irk, & Vii common. 5.00- 6.25 Medium— F . x 7.50- 9.00

Canner ... 4.25- 5.00] 500 down KEY NETWORK STATIONS (Subject to Change):

SHEEP AND LAMBS (Receipts, 561) MUTUAL—WOR, 710; WHE, 1390; WHKC, 640; CKLW, 1030; WSM, 850. Lambs (spring) NBC-BLUE—WJZ, 760; WOWO, 1160; WLS-WENR, 870; KWK, 1350. Good and choice NBC-RED—WEAF. 660; WTAM, 1070; WWJ, 920; WMAQ, 670. Meutuny 814 good CBS—WABC, 860; WJR, 750; WHAS, 820; KMOX, 1090; WBBM, 770.

DAILY PRICE INDEX

‘NEW YORK, June 11 (U. P).— Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for United Press (1930-32 average equals 100):

Today Yesterday ececocccesccccscess Week 820 cecesecsccsssoscces Month ago se0 0800000000000 Year ago ........ 106.35

d fairly: Bclive: bulls [1940 high (Jan. 2) ...c...:... 123.34 [| 3 | . P H 0 \ E oi Ly Nears ots, °3 8. 0 do 1940 low June 5) ......i..0 11476 : ofiias od gh i aly 8 others sorted, $11.15: California fed 4 spring: FOOD PRICES ; 0.85@11; ys, SO 0) YZ A

ers, CHICAGO, June 11 (U. P.).—Sweet wit. YOUR NAME se in in?

gost, fed Slipped lambs, $ pSHICAGO, June 11 a LIL Eman COMPANY.

Corn and Wheat Region Official Weather

nt nh tt th | Sd fh fd fd [ft Pt pnd fd

(Receipts, 808) Steers 500 750. 8.75-10.25, Cholce—’

dang! 500- 800. 500- 750. 9.00- 9.75| 80051050. : Heifers

- CO ey

9.50-10.50 9.50-10.50 1:18 June 11 1980 um-— 2 ecipi- ‘State of

M 500-1000. 8.00- 8.75| gtations High Low Pen Weather

9.50-10.25 do ommon— - - Notre Dame ... 85 Cloudy 500- 900. 7.00- 8.25 re Da Cloudy

9.00- 9.50 as Calves (steers) ic Rio seins own 9.00-10. , 7.50- 8.25! pean Y Marion ? "500 down 9.50-11.50 | Lafa Calves (heifers) [Cam 0: —

Musicale arlin Bros.

ve as [os se ae

B58 | S803 aR53| AES BABES

TRV PI BDA ®

Good— | 500- 800. 300 -1050.

WEE ot R222227 it tt CO bt pa

; i | ++++4+++

IE dm ni HA i ec Auto-L ... 29% ’ . rwich Ph ... Choic iil 134 113 2 ich Ph... 1 750 00. . vos Good— ee OY 750- 900.

Medium — ++ 1200 500- +00

ommon— 500- £00.

un ® ee

a o o>

09. RRS

£ A 4 £ 4 £ £ 4 £ 4 4 A 4 A

End Johns pf .103% 3% Eng Pub S pt ei =D > 1d % 26|9 15% Ya|Erie LT ? Ys |OW Eureka Vac ... 3 3 - Evans Prod ... 5% 5% Ex-cell-0 ...... 31% 30

Around Town ” ” ST ‘G1 ties

HEH HE

ald Loco of. 42%;

4 Pac Am Fish 5g Pac Coast 2% 41 10

5% 5 2% Terre Haute ... Evansville ...... 8

Washington ....

CHICAGO LIVESTOCK

Hogs—Receipts, 16,000; gepetarly steady; closing fairly active; top, $5.30; bulk good gna & oice 180-270 lbs. $ 029 270-300 bs, 1300s. 10; most 300-360-1b. Syerages, ji5 0490 ood 400-500-lb. packing sows, [email protected]; lig ts, $4.35@4. Cattle—Receipts, 8000; calves, 2000; very slow trade on steers and she stock: bid1% | ding weak to 25c lower; few early sales 8% Sisers i eat) to weak oo Darely ‘enough . done e a market; per demand Ss |narrow and local buyers EY ing weak to 25c lower; largely steer run with bulk of EA quality and condition to sell [email protected]; Ya go top strictly choice 1157-1b. "offerings, 1 .25; next highest price, $10.85, but bulk crop ‘unsold; sizable share run without ‘9 fed heifers weak to 15¢ lower; best, $5.65; few loads, [email protected]; bidding 10@156 cutter and common

Pair, The ..... 2 2% Fairbanks pf .. Fair Morse .... 32V; Pacific Mills .. 9 Pac Tin Cons.. 3% Packard 33 aPn Am Airwys 1 3 Paraffine Co .. 26} Paramt Pict J.. 45% Parke Davis . 3310 Food Parker Rst Prf. 17 Foster Wheel 1 7 11 Park Utah oo 13 Francisco Sug. 3 Patino Mines . 6% , | Freept-Sulphur ey . 73% . s 2 2 43% 415 eee oh 1, 1, 15% 34) 3g 27 27% Pere Marquette 6% 6 Pere Mqt pf .. 15% 41, Pere Mat a pt. 2 ¢ IV

Pet Cor Phelps "Dodge 4Y, 30 1Y

Phila Co 6 p 9%

22 37

Ewes Ln

?| Good and choice ............. 8 Common and medium ........

2.75- 3.25 2.00- 2.50

Net Close

+14 | +++: HHH

Florence Stove:

High Low Close

+»

4|Gair Robt ..... Gamewell Co .. Gar Wood Ind.. ? Gen Tr ... Baking eos

- DY aps OB bd pd bt pa STDOUT =D) DID

R | RANGE rewing Cp Am Prev. | Bdgept Brass. . ude High Low Close close(Bri® RSM oc $ Bs EL S83 8.80% y 8

Bklyn M T pf..'5 elite ~. o 3 December .... .83Y, Bin Bklyn & Q Tr.. :

Bklyn U Gas .. 14 Corn— runs Baie eee 173% 1 Bucyrus Erie .. : £0. 83. |Budd Meg 00 ai i % pf. : 5 : 25 2 :

116.81 115.93 115.11 119.44

PSE

Cable Cigar pf . 104 Electric ... 30,

Foods io 38% ils pt ..122 Moto! r 31a

ce =

a Orbs ered Ha or 5

Phillips Pet Pierce 2 pf > Pit oal 4 4 “a. 3% Som pf .. Yo , 1 Coke&Irn Ya Ys “iieee X38 Sc & B..

sssceessncse ceetges

July Septeniber see December

Oats—

% % Y Stl : 1] Stl 5 ‘of .. . 15 »e i4 & W Va. 8% 8% . iA Fe oll ; ids on oca :8| Und Ell Fish.. 21% Poor 6 8| Union B&P ... : io 10 % Press Bu Car . 9h 9 Union Carb . 60 ® Procter & G .. 5 Union E Mo pf. 10817 106% Ya Cal..... 12% 12% % 73 ) | Ye

59%

DR EER

Brn SOT «op a .

= We

July . September as December .... Ea

4 4 1 5 1 7

pg ge o2

utte Cop&Z.. 3yers Pf ....e0e 4 V2 Ce Cal Packing ... 16% Callahan Zine. . 1% Calumet & 55 Campbell Wy .. . 1214 Canada Dry ... 13% Canada go esos. 35 Pacifi 27s . 29%

Jul September cas December ....

Soy Beans—

. .

.50; trade all classes around steady; 3 doubles 83-l1b. Idaho Spingers Colery——Florida crates, $3.50 toes—Florida lugs, $1.75

$11.50; small lots natives, [email protected] with 2. Zs. best, Held higher: 1 double 75-1b, clippers, | Oc, lugs, $1:[email protected]. Spinach—Illinois bu. 0@35¢. Cauliflower — California

crates, qs [email protected]. Carrots — California crates, $4@4. 3 Lettuce—California crates,

mn E R LI VE STOCK |B Yenow Bermudas i a > 90: Salk

June White Wax. $1.60@1

. WAYNE, Ind. 5@2 5c lower; 220-240 19s. $5. 10; —— _

works best at night

AI DI

- es Ye FNS

25; few sSiemn fat ewes; $4.25; natives, $3.75 down. hE.

Pub Serv ...... 32% + |Pub Ser 8 pf. 147 Un ont Pub Ser 5 pf. 101 ’on - 19% pure Oil (E) Pure O 5 pf... 75

. T0%s 0 43%,

. 40% . 14% 131 45 %

December ;... larg

WR oJ eT OD

« -

RSS RSE ER

Can Cotpertor Sti: A 2 5 Caterpillar T .. 46 Celanese ....... 25 Celotex

Jul «5. September | see BD. October ..... 5:72 December .... 5.85 Janua. veone 5:90

13% 262

4 | Quaker St Oil. 11% 11%

FH | FH EE HERE E HHEREE

[+++ HEHE

+350: bs., $4.40; 150-160 1bs., 84, 5; 140-150 1bs., Er 90; 130-140 lbs., $3.65; 120-130 lbs., $3.40; b0-120 1h 1bs., $3.15: roughs, $4: stags, $2. a Calves, $9.5 Lambs. $10.50. INCINNATI, June 11 (U. P.).—Hogs— Receipts, 3000; hol vers, 75; active, generally steady: top, 00-350, Js. ., $4.90 5; most sew : ceipts, 300. a steers and SE ood COWS

8 we FSIS

yellow, c Tessie en;

CASH Nala: . Corn—

21: aybestos seta 08 7 Ie, pf.. 1 Ys | Reading ie 17% s|Rem Rand ..... a RS Sars .. ve vie Hack Wat ..... 303% 30% 30% Dublic Stl... all Pun veees 12% 123% 123% ] evere Cop eee 22% 20% 22% eyn Met . 6 6 evn Sprin

ob Richfield oil ..

+11 +H a

Pobped Jub 0 Bude

-. FEE FRESE RX

OU =D tHE lee BY

A+: HHH HH

a 8

. .

a. HHH] HHH FE

ree G Roy Cp... PGrumman Air E 19% —H-

Foe SEE >

[+ Ht HE on ft

L A Ga [YS a an

esse

I=L he Lod 8s

ers, 8 wel Sho ce vealers, §! Ln ig » 1130 Stes ali. good to low choice spring I

medjum, 3 ood, $9@10 Hinged ewes, $2@ i. e

FOREIGN EXCHANGE

|. NEW YORK, June 11 (U, Pe) Rollo. ing are noon cable rates on currenc amis Rates. Net Shs. En gland 8

JOJO OUI = JID Hib

o SR C9 —

0 ND hd pt et [] SEES

$0 a

WAGON WHEAT Indiahaoplis rain elevators are pa No. 1 Wheat, 0c; subject are 223s change: Pther grades on their merits. Cash vellow me ed, 60c: No. 2 White shelied, 88: No. 2 white oats, 29c.

WINNIPEG en

—-

Safeway 37 Sateway 5 o.. . St Jos Lead

: -- BI aTad iid dO NIDILWIOIIOUT abd

- - CIRIaTaT hdd ISA ONINICIONIOUT +t

Un Stor Univ i By stl. 13° Univ Leaf T ... 53 Univ Pict 1 of.

Dos a

ESRF eas Sa N- =

CPR

= WW MY BD We - a ae RRS 3 —— Rd _— ,

SOE

. La)

Vanadium ..... Va-Caro Ch.... Va-Car 6 pf....

e Sound ... 31 & Man ... & Man rE Bay M&S. . udson. Motor. .- upp Motor ..

Prev. Close

. 2.5 a ++ nN FE

xy alat mens B 2s ptf $ chs $ .733% tober ...... .18Ya .11Va = 11% 98

December ene 18% 9% MY

U. S. STATEMENT

WASHINGTON, $e 11. (U. —Government expense. and Soot “for the .current fiscal Year through June 8, com‘pared with a gar. ago:

t Yea xpenses ..$8, 786, %602.: 315. 40 8. 543, oir, 419. 10 : 73,162,571 iE | .171,554,023.29

Sea Seag Sears ®Roebuck : Servel Inc ..

bpd dd fd [X} on boy 2 ®

Wabash E a. Walker ( Walker (H) pt. . Walworth ..... Warner Bros .. Wash Gas Lt.. Waukesha Mot. 15 Wayne Pump .e Wes Oil & S.. West Pa El A. W Pa El 6 3 up.

FFF EER

+: +1: +++

aa PS RS

11 Central 6% 6Ya [11 Cent pf 12% 12, nd Rayon 33 1712 ngersol Rand.. 87% ] niahd . 9 EP aratn Cop. . nsshs cts Md. nter [nterchem

Switzerland ey Sweden (krona) Japan (yen) Mexico Yeo)

LIB =J=F

CERRY

ceesses

HEHE AE EE HE

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pn awn pore =

West Anto West West Westing El .... Wes on. El stvaco 5 "of na Wheel Steel ... 217% White Mot -.... 8% White Sew M.. Wilco: x O&G. . Willys Overland 3 z 1

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RITE’S GUARANTEED

. WATCH "REPAIRING

DONE AT OUR USUAL

LOW PRICES

COMPARE and SAVE!

2 6.15{Conn Ry & L pf 9.48 [Cons Aircraft.. 9705 Cons Cigar 812 4, 6.

FIRE — the public enemy — destroyed over 300 million dollars worth of propeity in the twelve months of 1938.

Union ... 3 Air Bke.

Work. Bal. 1,243,397,451.65 Pub. Debt.. 142.796.796.927.27 40, HN 9 Gold Res...19,336,559,322.29 15, 991.53 Customs ... 328.369, '868.87 300,727,

Ep ‘|Cons Laundries. INDIANAPOLIS CLEARING HOUSE Clearings . ..$3,428,000 DEBE ais Ceara 6,457,000

LOCAL PRODUCE

Heavy breed hens, 5 lbs. and over, lic; Leghorn hens. 8c; old roosters, 6c; No. 1 Barred and: White Ro Rock broilers, -2 1bs. and over, 18c; No. No. 1 colored broilers, 17¢; No. 2 colored broilers, 13c; No. on n broilers, 2 lbs. and over, 8c: o. 12c.

Le Leghorn projiers, an ees. tric resh country r , 1295; A fall case must weigh h 38 Tos. Coty Sion rull case under 53 Ine. LE ull case unde fash utter—No. 1, 28%2@2%c; Ne 2, Mle ato C;

Fire Prevention is a definite public benefit and the leading ‘part played by mutaalfire insurance in the prevention of fire loss is recognized everywhere. Mxtual Insurance reduces exits by reducing losses—it has dem onstrated consistently its ability to do so over an experience of years. Yourresident agent listed below will welcome the opportunity to explain how “Grain Dealers Mutual” bas saved and returned to its policyholders more than $17,000,000.

RT aR

554, 1605, 383 3 194 44 | Cons Goppermns 8 St 8, 76 | Cons Edison. .. 18| Cons Edison pf. 19017 ats .

1 31 45 3 97

2 L230 2S ot oe Ahh oe) EREIREERERES

+ Dd eno CRS

@ Day or night, fire is a costly _ business, and in the end everyone contributes to make up the value of what has. been destroyed. Property owners absorb the cost of fires first in their insurance premiums. Then there are lost rents and profits which result from business it ine terruption.

Willys Overld pf 5% Wilson & Co .. 4%

Nar

Wilson pf oodward Iron. 23% 'oolwor Vl “ven 31 Worthington ... 16% TIRICY eso vvveess

on wal

tp - N

—Y— Tr ..... 12% 11 Tr pt. 10 101

SEW. 71 Young Sheet .. . 31% 28% Young Stl Dr .. 14%2 13%

HHH FEE

7 yellow

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. . “ .

Oil . 49 49 il pf 122 122

0D eps a

ne Crane & cv pf. Crosley Corp .. Crown Cork ... Crown Zeller .. Crown Zeller pf wi

Butterfat—No.

t RC ap ot. 7 D'S Pat or coal. 25%, . 45 4 Jones & Lg 7 pf 55 52% 1, Kennecott .. #91 204 (Country pickup prices quoted by Wadley

ns T&T i aor For... 2% ntst D 8 pf . © naid Intertype Jarvis Co ..... Sh Johns-Man ef Sunshine ‘Min 5% 1% Kayser Jul .... 1% 1% ° oro, (SUBEThER oi.eor 1 14 Kinney 2 1 Kresge SS . 20 Be Kress Bn 2 LL | grees, G&B J. 27% EH I

+++: SESE

| 5 a EH

C Far

. . .

LLCS 7 Preporly jo TERMITE DAMAGE Py The PERMANIZE System [%\AW{ | [i 5 aE i

Syming Gld ww 5% Syming Gld xw 43 43%

GRAIN DEALERS NATIONAL MUTUAL FIRE INSURANCE CO.

17 17. 100% 100% 2 17%. 3%Y2 53

COMMERCIAL LOANS to Small and Large Business Organizations

IR FAH IRASA REL ARTA RNY

i IT

Home Office: Indianapolis,

GRAIN DEALERS MUTUAL AGENGY, ING. 1140 N MERIDIAN STREET . HA-3000

ARNOTT EXTERMINATING co.

Call Ll. 7459

iavapolis

Pennegirane and Market Streets.

MEMBER FEE SERAL DEPOSIT "TNSUR AN RAC XX WAYS