Indianapolis Times, Indianapolis, Marion County, 17 July 1940 — Page 13

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WEDNESDAY, JULY 17 1080 eee : _ THE INDIANAPOLIS TIMES ° — RR PAGE 13

MARKET TAKES CUE Index Drops During Holiday Week ~~ STOCKS, BONDS =~ ON THE RADIO

TONIGHT Armstrong over NBC-WENR at 8

Sp _— : | IRREGULAR 6:00--Question Bee, WFBM. tonight. . Tikit dg a | : bo id} || T:00—Abott & Costello, WIRE. | " Nise: a - | w. 4 etropolitan Airport, a new dra2 : 11 Bid : go = Fn ap | Yi=Star Theater. WFBM. matic series featuring leading dra. iia : id . bi FE ; RE i %:30=Stadium Concert, WFBM. matic artists in original productions

hs soa : : ; 8:00-~Kay Kyser, WIRE. will make its bow over the NBC- —— —il : Pa : Ed : : Fd ; i | Blue network a week from tonight

~y - hs Gt 44 . Smallens ‘wi 30 o'clock 00 d . . ed i | : v did Alexander Smallens will conduct at 6 wk Toe. Sait R So Su Regarded as Part of ‘Draft’ Move; ¥ || 711 A ot | habit) ~ Profit-Taking Develops as he New York Philharmonic Sym- oT TT Sieh epor i : : Po Fig Sil 3 : phony Orchestra in its third pro- the stories will not necessarily be p isharmony Among Democrats, Nazi : : : PA Eg | Extension of Rally (gram of this years Lewisohn atoll os There will "be no

Peace Overtures Aid Prices. bdo bo 31 Fry apd td ob bdo | Fails at N. Y. [Stadium Concert sores. over OPS. permanent cast. Mewapoifisn ai

bod 1 WEFBM at 7:30 tonight. Mr. Smallens port will replace the current show, NEW YORK, July 17 (U. P.).——Wall Street today re - ahd | | NEW YORK. July 17 (U. P)~ has chosen Brahms Symphony “What Would You Have Done?” 4 y 1) . Tg —— , . - > : : rN | J) -

: : ow Ry . No. 83 in F for the program which - n ‘ar y rs > Stocks and bonds were irregular to- , Berio ; 4 ” garded the Roosevelt statement that he has no desire or : : A To ae also will be short~waved through Die Noroince. will old purpose to continue in the office of the President as part of The effect of the Independence Day holiday, with shutdowns for the remainder of the week in some nh imoadities declined and business 1 a ‘Oaxe of the Perfect Crime

. . . industries, was evidenced in the Administrative & Research Corp.'s weekly index of business activity for ; OV > Ww . i the strategv , m » l OW > ig hu news continued favorable. an orginal story written for radio ategy of a third term “draft” nomination, | the week ended July 6. The Index fell to 83.4 from the Previous week's 97.1 and compared with 68.4 in For a brief period in the morning, That new announcer vou HAVE py Pinis Parr, NBC-WIRE. at 7:30

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As such there was no change i mn the view on the conven- the 1939 week. the market extended vesterday's been hearing over WIBC this week ianjght. The mystery concerns the

f1on. since the Street has an- ———— gains. When follow-through buy- is John Miller, a Columbus, O. Na- dicappearance of a millionaire from

Y 7 Nr 7 ing failed to develop, profit-taking tive who came here from station apn aspen field ticipated a Roosevelt nomina- PRICES ON HOGS | / 5 J F > X | 0 KS developed And recuced prices all WGRV in Chartestown, W. Va. He a

ag ar avie «PI's were ves- is a bachelor, attended Ohin State em right along. around. Heaviest losers re . Mack Harrell, baritone with the

By UNITED PRESS terdav’ avorites, the steels University, and has na Southern erday's 1 oh n . Metropolitan Opera, will be special

S » of 3 o : Sone of the market Experts Nei 'PPOW-JONES STOCK AVERAGES) Net Rails, motors, coppers. mercantile accent despite his Charlestown Stay guest, on Henry Webhar's “Pageant of have seen a connection he- LIP E | Low Close Change th YNPUSTRINLS ” i High Low lose Change 1SSUCS and public utilities were " » » Melody’ nt R15 tonight. WON His

y ; Penn RR 20% 19% ¢ i slightly easier. Oils re- . : tween the convention and the Acme Steel .... 44; 44! 441, 4 8, Yesterday : . 12392 J 1.40 Pere Mat pr bf. 19% haw, = NE a NR in Bam Tauh and Bill Stern will solo will be the Toreador Song from 8 esp I broadcast a blow-by-blow deserip=- | “Carmen” and will join Attilio Bag

nd Adams Exp .... | Bic Bl [NRE AER oaaeessons YIM snip fet SL 6% ceded rise in t ‘kK ster > - : s Mil : —_ 1 au Wn ) 21W 26 3 Y pas entories ¢ crude oi : ' | he market yesterday. HT raph» 13%: Ti 3a Jen Es wooviiei WIG SWRSETIR To er Hi SOTO Rone URES We or tion of the non-title 12=round bout giore in a duet from the second act . % R ay : 5% 0 W Yewr ARs uo ........ovee... VERE <2 | Phila Oo 6 pf 2» | pr8duction, lop + n this connection the com Top Is Lowered to $6. 15; Bh Rede er BY 3 % i i eee: we ree Phila Rend ey 6 Railroads failed to respond to between Lew Jenkins and Henry of “Othello y 5 : ven . : uh ' a 5 . ’ i i i ment of the Dow-Jones com- Weights Under 160 Rllerh Cord oot 12 21, el High 1939, 155.92; Low, 121.44, Philips Pet : 3: ' estimates of a substantial rise ia " 2 "2% . . : RK i p { . § 9 £ Va . Avy - , . mentator is typical. lle said: | Alieen Op bE Ww 208 = 20 RAILROADS Bitts onl a : car loadings. News Hom ae steel THIS EVENING “ : . ; ! ¥ > Yesterday FY . 28.3% 0.23 Pitts Coke T 7 1 justi'v was seen as ni y tavor- i t nxible i ura in program ans The happenings in Chicago | Pounds Steady | Reh ER 3 . : a Week “ on ily = Bs Seam we | oe Ti DiI ‘of some nouRcemEnt oredr ion rE arr arts fey ries Th BY y ; 4 i . hb ’ . SAAD Aish 25.9 20 pitts St i . y 3 £ CE ¢ Siti this complete harmony does + : % tii piiied om 0G 1 » Month Ago . vs 95.38 0.10 Pitts Stl br pf. 3 Ji 32 ' actual orders for the defense pro- AN: Tons NR Tae WaT 70 nw 1 not exist within the Democratic| Hog prices at Indianapolis slipped ajiied Stores ... 6% 8 5 «| Year Ago . 4% —p3y Ditts & W Va 3 ram (CBS Net.) (NBC-MBS) (NBO Net.) (NBC-MBS) Party although the Street hardly 5 cents today, the Agricultural Allis Chat ..... 3%. 30, 22 Wigh 1940, 32.637: Lew, Bo Te | Bi = " u

‘ ol Ag Del Poor B 8 : War uncertainties increased after has any doubts as to the nominee : : High 1939. 85.90: . ['Port Ric Am A ' ¢ } aint : : : oe _- (Marketing Service reported. Am Airlines igs Toad, Mm: Low, 2.11, sl FoF Toes restorday 3 y The war still plays the major 8 p . a brief respite vesterday and some

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Waltz Time Land of Dreams Rocky Gordon Follies Hedda Hopper Malcolm Claire . i Jovee Jordan Home Fdition Yreene Wicker Kirby & White _ World Today tv. 8. _Reports Bud Barton Lowell Thomas _—

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mo Question, Bee — Playhouwe . Our America Plavhouss 15 ”» ” " ” " ”» ” » mn Comedy Fchoes Plantation Quiz Show Plantation ‘4% ”n ” » ” ” » I» M0 Star Theater © Abhatt & Onxtella Nows Hour of Smiles 5 n id » Harace Heidt an Mr. Meek Pisxtriet Attorney Encore Musie District Attorney 5 " ” " " " h "

0H = Glenn Miller Kay Kyser Jenkiny ve, Armig Kay Kyser 15 Public Affairs 4 4 » An War News Lh Democratic Conv 0h Amos and Andy . ‘clock Girarge Wamilatn 15 fanny Ross 3" ie id a Fanl Jones

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role in determining market policy, iol 5 6 a 41 Am 5 Shoe ... 31! : :'| Yesterduy SIME 0.12 4 SN 8 pf accordin to the experts. They weights above 1 ounds and low- Am Can 4 : 3 - , wl LY 2 pe . p Car & Pdy — REG un IIIS ’ 0.39 | Pub Serv 5 pf would start Friday . oi in&C : 2 | yy Steel shares, steady to firm mn ports of German peace overtures to p ’ io "eld Am Chein&C ... 18 Year Ago .. 25.92 S " ‘iL ks is to 230-pounders. Lighter weights am Colortype .. i s . Pure Oil > er $v J arte Bein . Great Britain. This would seem P ; g 8 Am Crys Sug ¢ 9 9 | High 1910, 2. 05: Low, 18.08. Pure ©0 5 pf early trading fell back easily. Beth to he a reversal of the recent feel- Were unchanged in price. am & F P $7 pt h +p High 1939, 25.10; Tow, 20.31, lehem touched 78. fell to T6', off . 8 : Nh ee 2 : 4 14 shares compared w 000 . Radio K Or nw oy Nh : : x 8 business recession and a market Am Inter ...... ! 3 ; a ay “ p ith 440, yester Raybestos 331. and 51':, the latter off 1% break Rr Tul v Rent Am Loco y 3 . 2° . a, day. Curb stock turnover rose to Rayner S Republic common was down frac- : . 5 cepts. July ‘op epts. Am Loco pf ; : Va eadineg | 3 000 Shares from 59 00 yesterday. i tionally but the preferred gained a . ss in , : 2 1 | point on 10-share lot trading the situation, & ee to which | Barrows and Gils aT Ski Nu wa BIR PAT, $ bf 3 3 a High Tow Close Change Republic Sil 120- 140 $ 5.00- 5.60! 270- 300 $ 5.60- 5.75, Am Rad & Sf 57 f 5 7 Electric 32 Repub Sti pf

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Am Bank Note. 7 wait hd hie | Press Stl Car | SC The decline was confined to Am Bosch ..... 5 t 5 UTTLITTES Procter&G market men believed predictions that the blitzkrieg against Britain 3 An . attribute the rise yesterday to re- ered the top price to $6.75 for 220 Am Car & F pf. A . Month Ago 21.02 0.9% th $ F1&G pf ttiiman ve . ‘ : y , Am Haw SS - A . Ninn . Hehtlv from ing in the financial district that Vealers sold at vesterday's levels am Hide&l : ge Radio . na ; 3 1%, and rallied only siightly a sudden end of the war would bring with a $10 top Am Home Pr... 33%. 54 1 Steck sales approximated 380.000 Radio pf N the low. U.S. Steel ranged between ‘axes Profits " ...% 68 Bh 9 15 ....8 6.65 10,059 Am Mach & Pdy 1: 2% iS a Real Silk pf Taxes Cut { h ;, TUR00 16 . GRO 3661 Am News Sy BE Sm— Reis 1 pf 15 Youngstown Sheet & Tube at iis low of 33 was off % point.

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Britain would agree would leave 145° 160. 550- 6.55 300- 330. 5.80- 5.70 Am R & SS pf 145 Be MiB Toa eters Ss 3 31% 4 Revere Oop

: : J h 43 “ih the Rritis AY t f elim- 160- 180 5.75- 6.80/ 330- 360. 5.50- 565 Am Roll Mill - ; 113% ’ , — 3; [Revere 33, pf , “hi " " Paul Arnold h ritish Navy intact and 30. 8.35 6.70/Good Am Ro NM cut 5 : re Foods» 134 1] [Revere Ah Dr. Christian : . RR

inate a blitzkrieg against Britain. It] . 290 5. 8.75! 100 5.25- 5.60 Am Safe Razor ahs Mle 88 " : 'Revn Spring .. " ’ 3 45 - adie a ay a 2 » Is , imini 220- 240 . 450. 5.00- 530 Am Seating 7 5 + s “x 5 . | Revn Tob 38° 2 3 . : N ” Clyde Tareas Peter Gran aise would eliimninte Soe ul the : 270 h & 500 4.80- 5.05 Am Ship Build. 28 4 . ? uw? Motors pf 125 ' ifs 5 - ? Richfield Oil . . AA wy Rue Hulton " " » Gardner Benedict problems which a German victory 300 10- 6.40 io Medium - Am elt 38 : : Len ont Adv.. 4 4 : : ‘20 Baseball Henry King Muxio Yon Want Buckeve Take 0 2 “ ' a Wav NS , by } 2 "

6 would bring to this country, it is )0- 330 Bc: 6.20 0 4.50- 5.35 Am Pub Sv A Naren Nob id

16 5- 6.00 Slaughter Pigs Am Xv Sig , 21 ‘ : 330- 360 5- 6 % Rv Sig Safewny 5 pf 2 2 2% . NET MILLION ™ Hievehn’s OF Music You Want Tony Pastor I afeway 5 y ) " " ’ " 5 St Jos Lead ( 8°, 207%, ba mo X ‘ " " Gl Miller Monn River . ’ Xavier Cuogat wen Ml , " St L-S Pran ow } 45 " if Hal Howard :

felt Medium Am Rtv & U Savage Arms - THURSDAY PROGRAMS

y 50- * " - 150 5- 5.10 ’ . Another reason for vesterday s | 160- 200 5%5- 6.50 90-15 4 10 Am Refract Schenley Dist INDIANAPOLIS INDIANAPOLIS wh) ANAPOTIS CINOINNAT n yi

firmness. the experts said, was a Sacer Cattle & Water (Ressiwes, 1151) Am 3 Sol bs ut strong technical position of the GIE€G0 «14 60-11.25 (Yearlings excluded) | am Seabd Air L Seabd Air L pf Continental Steel Corp. Has Tops Ney NBC MBX) TE Toi RC) $141,338 Profit in

11 le markei They warned, however, 900-1100 10.75-11.50 Sood $61 7.15 [Am 3 Sears Roebuck Final Quarter.

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. : : : 0-1300 75-11.50 Sausage . . s 7.25 | Am Woolen pf {hat nothing sufficiently convincing 100-1300 75-11.75 Medium yO 00 Am Zinc Sears Re on ¢ i ae 'G y Cutter an Anaconda $ je C has occurred w expect on G80. 900 10.00-10.60 > common _ 4.00- 5.00 ghche Jn Shain 8 B pf tion of the rise or to Increase gpa.1100. 10.00-10.75 Vealers Andes Co} Shattuck Shell Un pf Silver King

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volume for any length of time. HI BEILROMT yom AAT HE y : ' 4 y Si c. 1300-1: : nn ‘ : Armour Ill prof The new tax law already is mak Medium - Common and on | Armatoons. Ox

Mg inroads into profit ‘balances, 20-1100 315-1000, medium 30 8.80 | A Const according to reports coming 0 | sommon— Feeder, Stocker Asso Tn light for the second quarter. Big | 750-1100. 7.50- 8.95 Cattle Calves Archison. Bl corporations are setting up larger Steers, Heifers Steers xd Some 17% reserves for these taxes and as a ee {000-1075 SH a 00-1000 Atlas Corn result their net incomes do Not Good 900- 075 pa TR,

5 7 1001 : Spicer Mfg : 50)- 0 make favorable comparisons with 500- 750. 8.50-10.00 Good 800 00- 9.00 Grumman | Spicer pf

the first quarter. The problem of Heifers Joo. 00- 9.00 Bald Loco cf 3, Gu Mobile & No , Spiezel Ine & o N le um ® . a 2 taxes is seen as one of the biggest Ceo 10.00-10.75 tedium 50- 8.2% Hack Wat Square D heifore the narKet. Good- Common — ! aii W far . y 750- 900. ©.60-10.00 500- 900 6.50- 7.50 Bangor & Ar nf Difficulties Painted Out Medium - Calves (steers) Barber Asphalt : : ‘ 900 R60- 9 80 Good and choice Barnsdal In an article in The Exchange. Oe - 500 down 9.75-11.50 Bavuk Cig 1 + XNAvle - >} 0’ 500- 900 7.00- 8.60 Medium Reatrice Ci New York Stock Exchange's month am Ch B.50- 5.95 | Bed Mem lv magazine, entitled “A Puzzle for Cows Calves (heifers) Bond nd Io i w ¢ A Good 6.50- 7.50! Good en In oan the Tax Layers, the excess profits Medium 57% 75 500 down 9.00-11.00 Beth Steel levy difficulties are discussed. Be- Cutter and 500 down 8.25- 9.00 Biaek, & Decker i ’i ’ VAT ui common 4.50- § 5 Medium aw-Knox OR of divergent PAINings Cara 395. 45 500 nh 50 ‘900 Blumencha! ot records of many companies, any d ; . : oeing Air d $ : SHEEP AND LAMBS (Receipts, 113 specific excess profits tax based on Nambs Spring net returns over recent VERTS woot ‘wrid Choice ...... 8 900- 5.95 | Boren rnier would bring many inequities, the Medium and, good ..... 5 3.25 Brewing Cp Am ; common ‘eu “. . Briggs Mfg } ticle states. rll 1 tat 1 : Ewes (wooled) Bklyn-M T ; A tax schedule which takes 8S Good and choice : - 5- 3.50 Bklvn & @ Tr

the ‘standard profit’ the earnings Common and medium 5 in even the best of the prearma- Bucyrus-Er} e

ta hedz y Bucvrus-E 7 pf 1 ment years, though still permitting CHICAGO LIVESTOCK Ruud Nr corporations to retain a substantial Budd MIR . br 3 : on Hogs--Receipts, 12,000; market, slow = balance for distribution to stock generally steady to 10c lower; practical Bullard Ww holders would place a ‘ceiling’ on top. $6.70: short load, $6.75; bulk good and HATING NM } i ; i ; choice 180-270 Ibs., $6.25@ 6 65: mostly $6.50 x : the nation's well being at the exact gigs: 370.300 Ibs’. §59076.35: some heav- BUTTOURRS = economic level familiar to &ll In ier weights, $5.50% 5.75. most good packing Bush My T " Q 1 A 4 R 5 * S mi Yecent years. Sovs 360 lbs. down, [email protected];, few to Butler Bros we U3h B! + Bros pf . Cattle—Receipts, 8500; calves, 1000; good RBvers A M and choice medium weight and weighty

steers again under severe pressure; supplies . liberal: market on kinds scaling 1200 lbs. Cal Packing .. upward weak to 25¢. mostly 15@25¢c down; Callahan Zine arly 1300-1b $11.50; Calumet & H ..

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nn Pawn Patrol Breakfast Jam Time to Shine 15 " ” i" 19 News 30 Raxanolog : nnn Jolrrey 5 News News y Portia Alake Limes Npecinl » - lan - - > » 1 - po Mn Kitty Kelly Man | Married News Man | Married KOKOMO, nd. July 1% I'he 15 Mvort & Marge Aidstream Pright Spat Midsynam a > | Steel Cor . av | Mn Hilltop Heuse Fllen Randolph Rand Wagon eh Randn ( ontinental a op here toda 45 Stepmather Kathleen Norris Devotionals Kathleen Norrie reported it made a net profit of . $1.028.6387 in its fiscal vear endad

June 30 q 1h Aunt lennv Guiding Light Home Folks Gilding Light

After providing an additional re- - - . , Waman in White Ss 2% N00 | . ink Mh Wage Smith Tinda's Love Friendly Honse J serve of $57.000 [on contingencies, 8 Girl Marres FaAftor's Dauehrer 0 Nesth fourth quarter net profits were MM Rana Khan Famemakers Hout Commrnity Hall Cait Hg $141,338, equivalent, after preferred 10:45 _ Kitty Keene Bowe Ba lite Caieting oy Hvidend 54 © . 00 Mrs, Vareell Singin’ Sam NannAay Rhythms div idends, to 54 cents a share on Ri » N Woman of Courage Bill Tones ten the 200.561 shares of common stock 40 Farm Circle Women in News Pand Parade Farm Hone

v AS J ts GIN outstanding, D. A. Williams, presi= 11:45 _ — Farm Hour - Dy Gein .

y \ Light af Ward dent, toid stockholders ; 2 A Malone PA aver Ranch Nov Grimm's Danghier This compares with net profits of | 12: Fletcher Wiley Peanarter Sunshine Melodie Yatiant hn 3 $211.455 or 89 cents a share for the 1:45 My Son & Dick Reed ore ymn

‘ a : 4 . : cae _—— Vo yreceding quarter and $253,128 om " Society Girl Mary Marlin Musicale Mary Mar : 4 ] rt] pe 3 ani : having Blues Ma Perkins , Ma Perkins $1.06 a share for the second quartei : News Proner Yonhe Capito) City Pepper Yonng of last vear. Mr. Williams said. 45 18th Century Tunes Vie & Sade " " . Vie & Nade Por the half year ended . 30 00 Adven. in Science Packstaes Wif Piann Maonds Rarkstaee Wile For th half at ed June 30, Aven $n Dackuave, W Pian M Baskutare W 1940, net profit was $352,794 or $1.43 Porte Evans Lnrenzy Hanes Ror SUE a share compared with $532,307 or * Conxole Melodies Widder Brown " v Kitty Keene

Kathleen Norris Girl Alowe Cantal City Praneahant Wannah Golden Store Beautiful Life id h Peantiful Lite Jae Kearns City Today Reavest Time Mise Julia Scattergood O'Neilly dg " Flizaheth Bemis

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$2.24 a share for the same period of 1939 Net sales in the final quarter were $4,181,481 as compared with $3.864 - f i 706 for the preceding quarter of 1940 1h oe Bg 1 TR Home FAItinh " " Kirhe & White and $3.678.005 for the same quarter 4:43 World Today Cah Calloway " " : Lowell Thomas of 1930, he said. Sales for the first ~ KEY NETWORK STATIONS (Subject to Change): half of this year totaled $8.046.188 MUTUAL—WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM. 850. as compared with $8,071,662 for the NBC-BLUE=<WJIZ, 760; WOWO, 1160; WILS-WENR, 870: KWK, 1350, first half of 1939. NBC-RED-WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670. “While volume increased mocder- CBS—WARC, $60; w JR, 150; WHAS, £20: KMOX, 1090; WBBM, 770, Jewel Tea ately during the xecontd GUATICT, | i.

Johns-M 5¢ : A : Jones & Lg 7 pl - ’ ; , earnings were affected by a reneral

om “Und Pll Pish : ‘ $% . price weakness of certain finished ) ” . Union BR & P . a ily baa | Uu. 17 S. 3 CC Kan € Sou pf Union Carb ' steel products and increased prices Ry Haves a : gn oil Cal 25 5 . of raw materials,” Mr, Williams said Ret 11 un cific RY , The regular quarterly dividend of tone Sti r a Sy ' 5 J Kimberly Clk un ASrcran : 34 .» $1.75 a share on the preferred stock Kinnev 5 { m Air ines 7 3 tr J an “ " : ' Rivage S5° Un Carbon and a dividend of 25 cents a share

. 5 LR 6 revious Ay t ee 1g 928 Kress United Corp wh on the common stock were declared | 33175.629.000 vs. $6,204,614 previous for any month since Aug, 1928, Kroger G&R | United Cp nf

y a! 3 week and $5,176,613,000 year ago. June factory sales 11,528 units, best United Drug and paid July 1 3 . Un Dyewood ph . Engineering News-Record reports June last 12 years

United Fruit : ; 4! . IMPORTS OF GOLD week ended July 11 construction New York Central R. R. Co. Five

Un Gas Imp pf 3 : awards $08.039,000, high for the year, months ended Mav 31 net loss $1 Un Mer & ‘Mfg | ) vs. $31,509.000 previous holiday-week 381,079 vs, $8,787,191 year ago FREAD HRC CONTINUE INCREASE x sii reams flan ve 1 U S Hoffman 1 1) Mh In 'ASHINGTON, July 17 (U. P)..~ date $1510.254,000 off 8 per cent J yhotmn pt 25, gol: » Imports of gold during the week from year ago WESTINGHOUSE CO. v Pine & P.O 25 ‘ended July 10 totaled $154,212, 780, Rubber

YS Bier ah, dh I A SETTING increase over UNE Gp: fu months ended May 31 met PLANS EXPANSION J MY LER BRL JR LON ITO imported last week, income $47,808,555 vs. $40,752,480 i {Un Stores A 1% : ost of the imports came from year ago. MANSFIELD, O., July 17 (U, P), Univ AA oh " " 2 re ted Ripon ; which sent Blaw-Knox Co. six months ended The Westinghouse FEleetrie & | ) 9765938. Canada sent $24457.- , 1.0 30 orders received $9,022,535 vs, Manufacturing Co. plans immediate

685 Portugal, $2,699,609, x D wany Vadsco Salex . . - Gold held under earmark for for- ¥6,408 152 Yeu hg Sp BY er Sw. construction of a $560,000 warehouse van Raaite 3 rign®* acconnts at Federal Reserve Erie R. R. Co. ve J oe here, bringing to $1,500,000 the coxf, Viek Chem : 5 banks increased $58.359.405 during May 31 net loss $1,664,476 vs. $2,351, ABLE Wea Victor Chem ' 2 : i nl "oy 4 204 vear ago of a recently begun expansion pros Va-Caro Oh a ih the week to 81722,480.453, Missouri Pacific R. R. Co. five gram, Frank R. Kohnstamm, sales

Va-Car 6 nf i 17 7 i; ' Va 1 ‘CAC : Vs b ADENDS UME months ended May 31 net loss $5. manager of the merchandising diviVirginian Ry pf ! ’ : DIVIDENDS RESUMED 056,031 vs. $7,155.231 vear ago sion, announced today CHICAGO, July 1% (U. P) Nashville, Chattanooga & St. Other major items of the buildWalgreen 2 1815 Directors of Libby, MeNeH] ® Libby Louis Ry. Co. five months ended Ing program are the erection of a Walgreen nf wa 93° . have resumed dividend payments on May 31 net income $115.717 equal to $500,000 metal stamping building te ie 3 “ i . Walker o pf Je Chin Yoon With h Het aon 45 cents a share ve, $262.624 or $1.02 and the addition of two stories on Walworth of 50 cents a share. e dividen iain lan one of the main plant buildings Ward Bak pf is the first since October, 1937, and “7 no. “ i —————— P 1s pavable Aug. 15 to stockholders

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Eastern dressed beef market weak and Can Pacific buyers bearing down on strictly good and Case J 1 .. choice long vearlings and light steers in- | Caterpillar

tended for Eastern shipments: general Celanese or " vearling market fully steady; all grades $flanes CHICAGO, July 17 (UU. — light steers, meanwhile, getting gependable Celorex Pl Wheat, futures ruled easy in ie: action: best yearlings. ‘$11.25; heifer vear- | GON -ARUITEE y 2 he Ci Board of lings. $10.75; numerous loads, $10.25 10. 50- ent oe nr dealings on the Chicago al cows very dragey, especially cutters and Serie, . > Trade todav Other grains were common beef Kinds: weighty sausage bulls Certain-id § D1 if ‘ Tay TO (firm, up to $7.40: vealers 25¢ higher at ertainmostly steady to easier. $10.254 10.75: few selects, $11: stock cattle! Wheat closed “sx to 1 cent lower, Now demand broadest for heavy, fleshy hio a eeders nly 737: cents. Corn was off % to Chic GIWRy pf Jul; . 3 ROY TRY S R ee Sheep -— Receipts, 2000; late Tuesday | Childs up 's cent, July 62. @62% cents. spring lambs around 25c lower; best sorted | Chrysler : Lehman Oats off '¢ to up ': cent, Julv 311g natives and Westerns, $9.40; bulk lightly | Cleve El lim pf 119% : —t Lerner Sirs . ‘ y a. Sorted or straight, $949.25; throwout | Climax Moly Co 28 27% . L-O-F ‘Glass cents, and rye 1 to 1's cents loWer, westerns to teeder dealers, [email protected]: Cluett Peab 34% 3 34 2 | Lib MeN & Julv 423; cents. Sov Beans were gouble Texas Nghtweights in feeder flesh, |Col Fuel & Iron 38, - Lige & My x ' y $8.50; today’s trade all classes fairly active, | dcast A 1 9) : off 3% to up 2 cent, July 83 cents. fully steady: bulk 200d to Choich Atlee Fa TR 2 5 2 f 57 o hy Fen” ® An early fractional sell-off in Springers, $9 Ba SA few ue Jors, els [gal gas pr A... To “i 2 Hon Oo Ref bn y . “ Ty rowouts mostly $7 down ouble West-| Col Gas pf .... 7 : x dq Car wheat was based : primarily ON ern springers arriving late still unsold: 2|Col Carbon .... { D Lock Air moderate rainfall in the spring Soles ad TERRE yearlings without sorts. | Com Credit .... 3 28° 287 " ¥ ind? RE . 3 50: © ots fat native ewes, [email protected]: | Com Inv Tr 3: 3: . oft, Inc wheat belt but in later operations hyjk ' with weight, [email protected]; light shelly | Gom Inv Tr pf 102 * Lone Star Cem light, hedge sales and an easier ac- kinds downward from $1.50, Com Solvents .. 9% 9! 9! Long Bell, A | | Comwlith & So . 1% . 's Lo rillard pf tion in the stock market added to lGomwith So bf. 61%

Co " } ressu R - rder RK r y lt 'dison 31 30° 3 — Va the pressure Some stop loss orders OTHER LI ESTOCK |Gomwirh © on 31 — Mack Tr caught on the downturn carried Cons Aircraft .. 21% i Vy MR mod gtd. prices off a cent and more in the! CINCINNATI, July 17 (U. P.).—-Hogs -| Cons Cig pr pf 84's ' ‘1. | Marshall : : Salable, 2600; total, 2850: holdovers, 250: Cons Coppermns 5% Sh 5'a 1a last hour of trade. | 160 Ibs. up, 5c lower; lighter and sows Cons Edison 28% 281s } yr —— steady, top, $6.85. 160-180 lbs., $6.70; 100- Cons Edison pf 107 7 Cees Masonite Cp RANGE 140 lbs., $4.50@ 5.25; packing sows, $4.50@5. Cons Film pf . 65% J '» | Mathieson rh Cattle —Salable, 300; total, 550; calves, Cons Laundries } 3 - 250: slow ana uneven, good 720-1b. heifers, Cons Oil 1 Wheat High v | $10.35. some others down to $9.50. grass Cons ER Cuba. y 3 a May pf Wisiy wal, $ 3% 3" =43, Steers and heifers, $7.50@ 8.50. common div Cons Coal vte.. 3 3 ' McCrory Benembey ws 5 ‘=51, | fed heifers, $8: medium to good cows. $6.50 Container 33 3! - McGraw : December 765% : ; 1, | @7: cutter and common cows around $5.25 Cont Bak A ... 8! ! ¢ cies [McGraw Hill & Ss @6h, good and choice vealers, $9749.50, Cont Bak B ‘ 5 y . {McIntyre Pore Carne ton. $10 Cont Bak pf .. : McKeesport To Sheep 2000: /, steady to weak: ! Cont Can 9" Eenrember ? 58 HRS: 387% spring lambs, $8.° 9. choice ewes and | Cont Dia F Pecember .... 43% 53% 337 5474 wethers to $9.25 or above, medium, $5.50 Cont Mot Nate a8 Cont Oil Del 1 Jul: int FT. WAYNE, Ind. July 17 (U.P oe 7 ; x Sent v ‘ a1 ng AYNE, Ind.. July 17 (U ), ~ | Copwe feel : at est Sectembe B14 Hogs Steady to 156 lower: 220-240 Ibs. Copweld Stl pf. 3 54... |Nexta Much " Free 2 . sh $6.70; 200-220 lbhs.. $6.60; 180-200 lbs. $6.50; Corn Ex Bnk : 51! : Midland Si! * Rve- 150 180 lbs., $6.40; 240-260 lbs., $6.40; 260- Corn Prod Ju BY la MN) 2 4+ Mijdland Stl pf 115 Ju lx : ; ov, ay 43%, bs., $6.25; 280-300 lbs. $6.05: 300-325 Cotv veerne of : ; faa Minn Hny Espiember 55% ! " 345, Tos 35 . 325-350 Ibs., $5.85: 350-400 Ibs. Crane Co : 2 «vs Minn Hnv B pf 108

Warner Bros of record July 31. December 5 Tv. $5.75. 150-160 lbs, $5.65: 140-150 Ibs., $5.40° | Crane 2 cv nif. § f ! +o» | Mission Corp 130-140 1bs., $5.15: 120-130 Ibs 100- | Crown Cor Mo-K Te West Union

Warren Br Warren Br nf ; : 4 Y) { ) hy \ ) : : N ESS DIREC ORY 5 FOREIGN EXCHANGE BUSI I ( . § © vn ’ v 1" ty Pa Tia . 30- . 20-1: $ £4.90: k 3 ; xX", : | " : : NEW YORK, July 17 (UO. PM) Yallowinag Say Beant— [120 Ibs. $4.65. roughs, $4.75, stags, $3.50. Crown Cork pf. 36 36 - Monsanto or : ; — Westing Wi ~" a 83's : IIIS Puhie Tey On way ow M S e y . 2'% 8: 2'2 Calves, $9.75. Lambs, $8.50. Crown Zeller 14% - 5 | Monsanto 183 ie Weotes Bl : : 1 rencies —— erchondise ond ervic

Waukesha Mot West Pa Fl A 3 - In | ‘he October «A ' 14% ree rown Zeller pf 90 { f 2 40! 40 3 Cable aves Net Change December .... . | LAFAYETTE, Ind. Julv 17 (U. P).— | Orgcible St... 30 ( 1h — r & Ess 24%, ev [ear iaen, 5 oe my 07 England (pound) $3.78 06% Lard— Hog market steady to 10 cents, lower. 160- (Cub Am Sug... 3 . y ah 10%: : : u, | Ganada (dol ted 200 lbs. $6.10/6.40: 200-260 lbs., $6.25@ Cudahy 10° : j France (frame Onairo i

July 5.7 ; 6.65: 260-325 Ihs $5 85078 15: piks. $5.50 Curtis Pub .... 2 2 a | Mueller Br PAR ‘ Unquoted ~~ FRACTURE BEDS SLINED Men's

September : : re down: roughs, $5.25 down. Calv 9: Curtis Pub 5 Mullins pf Qctober 9.4 2. : 2,3 amb alves, 9; our 18 14 lee Mansingwear Finland ‘markka) 0205 " December 8 IRs Ed wr ho. yy S27 Murray Switzerland (franc 2273 000014 Can Be Rented at the New EPAIRED And January Sater Hamp : Holland (euilder) Unauoted

Wren ll LOCAL ISSUES | Tn” ——

Acme avison Chem ia ti Indianapolis ‘gT8In elevators are pavilg| The following quotations by the Indian- Bevis & Ch .... 8 . BAR for No. 1 wheat, 66c; subject to market anplis Bond & Shane Corp. do not repre- oa y / Biscn ¥ change; other grades on their merits. Cash cent actual price offerings. but merely in- y » Bond & Inv corn, No. 2 vellow shelled, 58c: No. 2 white | djcate the approximate market level based | : : shelled, 66c: No. 2 ‘White oats, 27c on buying and selling quotations of receat —— transactions. [Dis ol ’ 55 n Distillers

N Stocks Bid Ask Dome Mines . : : 3 Auto Fibres D All Y PRIC E IN DEX prone hs afice Corn, com eit AE 9 Douglas Aire ... 6 - : GUL an pl . 3 le ily Bon RR SR ome Dow Chem ....13 : Nat Gypsum NEW YORK. July 17 VU. PD Cent Ind Pow 7 pfd ’0 . | Dresser Mfg ... 22 y v ta 22 ! i . y adstreet's we Hook Drug Inc com 13 5 [Dunia * ad Dun & Bradstreet’s daily ighted Home T&T Ft Wayne 77% 50 53 Duplan pf price index of 30 basic commodities, Ind Asso Tel Co $6 pf 10814 Du on! ¢ oi 13 . . e OSS 930-32 Ind & Mich Elec 7% pl «++ 200 . POA PE Neue ey ed Pr (1930-32 Ind Gen Serv 8» pf .......108'; Fe Rg. pl i ge Hie, 0 Wp een a0 a Today ah terry . 114.56 Indp P&L OOM. «ova. 22 4 |East Kodak ...1187x 119%, Yesterday elev bn ih 11% Y Thais PIG ais HIB Eaton Mig, 300 3D, Veil wana O08 “bL .u, dd% dea Mont A ea rom, Water £7, BEL CBE BL t ARO u's .'e 1 $ if v ou, 2 ; { Month g { Lincoln 2 lee Por & ot

y . N Ind Pub Serv §':7 pfd 99 i J Vear Ago coessrenenannnss 103.2000 GR8 BUD Serv 67 pra 103 El P & L 88 pf !

1940 High (Jan. 2) .......... 123.34 N Ind Pub Serv 7% pfd ..... 108 BPs » pf » , y 1% Progress Laundry com 1? ! 0a 1940 Low (July 15) .......... 114.08 5 88 Co of Ina 6% pd |. 45 9 |Fl Paso Nat Gas 1 Puh Serv Co of Ind 77, pfd 94 a7 Eng Pub S 9!

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” a hy ere, 2'5 1hs. and over, 15¢; other colored Yng Sheet .. g ‘ v heavy breed springers, 2'; lbe, and over ® ; | 14c. Leghorn springers, 1'5 Ibs, and over, 13¢ bareback springers 11¢; old roost. # - Zenith Rad .. ers. 6¢ { CLOTHING LITER

No 1 strietlyv fresh ecountrv-run eggs 4 4 1% full weigh 55 Ibs THE MODERN CREDIT STORE 131 W. Washington St,

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“ « each case must U. S. STAT EME NT gross; a net deduction of 15¢ for each full 2s W Wash indalana heater case under 55 Ibs, will be made) . Ys Onosmite Uy WASHINGTON. July 17 (U.P). Govern. Butter--No. 1. 205m i0c: No, 2. 27am |= A + ment expenser and receipts for the cur- 28¢. butterfat, No. 1. 25¢; No. 2, 24c¢ rent fiscal year, through July 15, com- (Country pickup prices quated by the § Make Woodworking Yoor Hebby. Use

red th vear Wadi n) " eles Thx ver BS $ABT. 460 10 60 = DELTA TX 5 16" 509.8! § L460 973 6! a " Receipts 175.368 447 01 146.079. 474 40 FOOD PRICES MOTOR DRIVEN TOOLS WwW A ST kk

Gross Def, 289.650.062.8¢ 335.300,499.20 Net Def. ... 280.001.162.84 335.981.240.20 CHICAGO. July 17 (U. P.),—8weet pota- Exclusively at

n . 711,458.041.10 2.720.280.256.28 lors Tennessee $2.10@ 2.15. Celery G be ir A ¥ R al. 082.836.146.089 2047.037.550 88 ,, Michigan 4 354 60c. Tomatoes - | VONNEGUT £ » 3 43.052 366.475 61 40.612.115.666 77 Texas. lugs. | 35. Spinach—Tllinois, 120 BE. Washington St.

*So Ind G&E 4.87, pid 100 21, Equit Bldg Gold Res.. 20.230.658 416 f1 16,170.454.757.13 bushel 8 oo Power — Washington, ——————————— AMERICAN PAPER

Terre Haute Elec 6% pfd . 96 | Erie Carrots — California,

» 3 - | No fi. 1 — . ceeen 1 + i Wl ) % 2 Customs .. 14.487.483.37 12.355.048.25 Crates & A .s 1 Ur Title C 3 | Evans Prod .. 2 ; 2 va ’ 2 crates 507 4.50, Lett ~Californ Corn and Wheat Region Var Cann Milk pfd . cee OE an Te . 302 | Norwien Pharm 1415 4 3 Is ‘ Lp crates $1 De BE piluce 9 Soa oy STOCK COMPANY

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; ! 3 eee Asparagus Van Camp Milk com, 8 = "| INDIANAPOLIS CLEARING WOUSE crates. T5¢@ $1.50. Onion market (50- Th. * Exacling >. R1-6341 320 W. Mich.

Sr com $3.87 sacks): Towa vellows. [email protected]%; CaliOfficial Weather American Loan 5s 51. ....... 2 | Fair Morse ... 3 38% 38% Ohio 6% ’ Yo AL : SuilsussEbauLs sown on fornia ith, $1.40771.45, Texas White AT LOWEST PRICES -

American Loan 55 46 voieini 50 , 3 ! Yd Pa 13% Wax $1.25@1

Citizens Ind Tel 4s 01. 108 | Fed wu uf {i te IB 4 i STANLEY JEWELRY CO. | BEA RETR N | Ti ¥ KO

July 17, 1940— Home T&T Ft Wayne 5'5s 5 |Pirestone T 8 } Owens Th Glass 501, : - \ y y : brecipi- Stare of Home TET Ft Wayne 63 43 10 HS : on on Everything! WATCH REPAIRING Stations Low tation weather In ssoc lel Co 2S : | Florence Stove , { y 3 : Ny 9 Nos Dame 75 52 0 Clear Indpls Railway Inc 5s 3 3 |Food Mach . —- Bac oa ih ¢ Sak h— Diamonds. Watches. ds. Watch 113 W. Wash, Lincoln Hotel Widg, argest Selection Angola el Clear |INGDIY Wate Fi 00 ...- 1B Foster Wheel 3° : 3 Pa. GOR ELT. Bie WR ‘ lamonds, Waiches, in the State Wheatfield . . pr ners eT 312 § Freept-Sulphur . : ’ CA £ & . ¢ i CHES ; Kokomo Water Works 5s 58 ac T&T +. 118 .s Levinson hearer ih ! or Kuhner Packing Co ge 49 | {a ; Bae Jn.oons . i 37 s., ! Autos, Cameras, Com) Hats fav ; x lear Morris 5&10 Stores 5s 3 Gabriel A ..... 2 92 ANA We i BM 53 1 tambridue City 2 4 + Muncie Water Works 5s 65... Gair Robt . ? Ts 127 Packard NE] : 37 ny Clothing, Shotguns, Ete. GENUINE . 5 len

Columbus ; 5 Nat Silk Hosiery 5s 42........ 9 00 | Gamewell cil 50 ; , Pan Am_Airway Se are JEWELRY PANAMAS 29-31 East OHIO St. Brokers on } he bd} ACO A $3.50 & $5 ———— - - the State. C C » INC, HARRY

Boing fb Gem Nhe Te QRS SR a | Gen 146 EAST WASHINGTON ST. TRY A WANT AD IN THE TIMES, L oo LEVINSON _L, THEY WILL BRING RESULTS.

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t. WAYHE --...- § 0 Pub Serv Co of Tnd 4s 69. .... § | Gen Eatin bons “ve 3 + | Pub Tel Co 4'2x 55 .. 99 | Gen . Terre Hsure . NS 3 Richiond Water Wks 5s 57 . Gen visi a8 4 Patino Mines . Evsnsville ¢ > | Trae Term Corp 8 8%.....00v0v Tl 7 Gen . A 16 16 .... [Pen & Ford Washington uo... 7 Clear *Ex-dividerid, Gen Cigar of. Ya vou IPEDNEY wiiuiiee

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