Indianapolis Times, Indianapolis, Marion County, 2 August 1940 — Page 26

a ci Van St a oY ie

PAGE 21

ON THE RADIO

TONIGHT the U. S. Antartic Service BEx6:00—Service Concert, WIRE, pedition Salute, NBC-Red. The pro=7:30—Grand Central, WFBM. gram will be shortwaved to the Ad 8:00—Don Ameche, WIRE. miral's expedition at the South Pole, 8:30—Quiz Kids, WIRE. 2 x =» Eddie Oliver, former, arranger for Col. Charles Lindbergh, whose last| Ben Bernie and Fred Waring, takes radio broadcast on defense brought | 4 ride on the Bandwagon, 5:30 p. m. severe denunciations, will speak on! Sunday, NBC-WIRE. The Life “Keep America Out of War for of Elmer Blurt, Chapter IT. takes to American Reasons’ at” 2:30 p. m. the air 8:30 tonight, CBS-WFBM, Sunday over the Mutual net. Helin the Al Pearce hour. will be introduced by Merrill Megs, |

THE INDIANAPOLIS TIMES

FINAL NEW YORK STOCKS

By UNITED PRESS

|DOW-JONES STOCK AVERAGES 30 INDUSTRIALS

FRIDAY, AUG. 2, 1940

-0.01 be A teel .... 47 “ 7 + 1 Yesterday . . "01! Vadsco Sales .. ® ; Ahan vee 39 . / “= Ta | Week AR® ..vviieninnnenn R <0.12 Vanadium ..... 31% | hs | Adams. Mu wav 18 18 18 ty { . J 20.55 VERE spr “vs | Air "43% 5 X50 | Alaska Juneau - wer Ss 231 va 1 C&C pf.. © T N . { 84, ‘es

High (194%), 158. &0: low, Vulean Det High (1939), 155.92; Lew, hy 2 RAILROADS Waiworth rai Yesterday” (.... i iiiiees 8 nz Ward Bak pf.. "Week Age —0.%9 {arn Bros . '2 Menth Age 2.8 N15 Warren Br f ' Year Age —0.87 | Wash Gas

Named as Officer

Net High Low Close onvrge | Close Change

"A

“ 121.44, ie |

Activity Is Cofined to Small Group: News Is Mostly

rf — - LE

AD Ty pn I

o ” ”

Favorable.

NEW YORK, Aug. 2 (U.P) Stocks edged irregularly higher to-

day, but turnover dwindled to near

last week's 22-year low pace. Publie interest was negligible and

professional activity was confined to leading groups. and paper shares were outstanding on the up- |

selected issues in Railroad equipment

side, while copper shares, although

losses in most leaders were small,

were weak.

The day's news budget was main- | ly favorable, but traders were reluc- |

NEW INSURANCE

tant to add to commitments pending clarification of the tax-amorti-zation problems and some indiocation of whether or not Britain will be invaded. General American Transportation gained about 2 points, American Car | & Foundry common about a point and American Locomotive preferred | 3 points. International Paper common, most active issue traded, gained about 2 point to 152, while the preferred ran up 1% to 55% in heavy trade. Bethlehem Steel ran up a point from its early low to 80%, up 1% net, but U. S. Steel encountered selling whenever it moved more than 4 point over its previous close. Chrysler held most of an early gain of 1% points. but General Motors held around its previous close

LIGHT SALES FORCE WHEAT- OFF A CENT

CHICAGO, Aug. 2 (U ) —Light local and professional selling pressure carried wheat and corn futures somewhat lower on the Chicago Board of Trade today. Wheat closed 3 to 1 cent lower, September 75':@75%c¢. Corn was down 1's to 1': cents, September 60% @60':c. Oats '» to * cent lower, September 29',a, and rye off 3 cent, September 42%b

(at the Columbia Ciub today, lof the organization announced. More {than 100 state business leaders are {peor to attend.

W. A, Watts one of two vice presidents,

38 ND

ELE REET

|Am Rol” Mill . 1a Am Baie Razor. 82 [Am Se ng Ta | Am Ship’ wild 30% {Am Sm . 38

FIRM ORGANIZED:

Trust Fund Securities Will Be Offered to Public By Sales Group.

Plans for launching Indiana's newest insurance firm, the Secured Fire & Marine Insurance Co. will be completed at a dinner meeting officers

Ti

taken Bank

new firm, which has quarters in the Merchants

| Building here, will offer a general

line of fire and automobile insurance through established agencies in every county in Indiana, officials Said. Plans are being formulated by the Secured Underwriters, Inc. sales organization affiliated with the firm, to offer trust fund certificates to the public through a field force of 75 representatives, to capitalize the new company.

150 to Be Emploved

The Peoples State Bank will act as

Armour Til Armstrong CKk.. Artlogn . Asso Drv Gds.. Atchison Atchison of

Aviation Corp. .

Bald Loco ct Balt & Ohio Bangor & Barber Barmsdall Bavuk Ci Beatrice Cr Beld Hem ..... Bendix Avn Ben Ind L Ben Ind L ot. & Co

| Bliss & Laughlin Boeing Air Bohn iY & B Bon Ami A Ben Ami B Borden . Borg-Warner Brew Cp Am .. Bdgept Brass Brives Mig Klyn-M T & Q Tr Bruns-Balke Bucyrus-Erie Budd Mig . Budd Mfg pf | Burlington M Burroughs Bush Term Butler Bros pf { Butte Cop & Z Byers pf

* Kroger G&B ||. 30% 30%

LS ne end a Pea N

Pb AEG TED

pra an

o | MOr & Ess...

Righ « 1948). Re. 3 High (1939), 35.90. 15 UTILITIES

Righ (1940), 26.45; Taw, High (1939), 27.1%; low,

Net High Low Close Change

mt T&T 2% 2p 2% — {Island Cr ‘Coal. 24%, 24% 2% — 34

fin.

a Jewel Tea MS 4% MA — Na !Johns-Man .... 58 58 4 35

i Kelsev-Haves A 125; 12%» | Kelsey-Hayes B 63% 63s | Kennecott 21% NN | Keystone Stl .. 12% 12% Kresge SS ve 28% 23

Lambert

2 23% 403% 67a .h 95 B 8% 972 re 4 17612 : + 1a

A Eouifeed Aire . 300 26% Loew “ww 2) 25 3 tort, Ine’ 293, 22 - } Lone Star Cem. save 32% 327 1 Lone Bell. A Ya 2% ‘2 ! {Lorillard nf .. 15% 152 (Lou GRE A .... 10; 19%

| de

9 - NaN a

| : "n Nas Manati Sug iarine Mid t St Ry br of Paral Fld artin (Glenn) athieson vDS

w »

a id OD 1D Be ret dn ot Pr WU tt CR

» »

faytag 1 nf . c¢Call Corp ... cGraw Hill ... cKeesport cKess & Ro ead oom

3 3

os ©

PREC

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iB NEAR.

EZRA EEC » Son

ead Cp pf B. elville Sh... engel “ engel 1st pf festa Match lami Cop .... idcont Pet .. idland Stl idland Sul ol, inn Hnv $ inn Moline

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» DA Drs | BID re DIS FINI D »

CD pt CaS pt 0063 WO rst DG =F =F IND

» sy ad

NRE RA

Wraps Bort NID CL ut LJ et

WOON <TD NDOBO MIN e1S

SAREEES

w ' w ' Nagy =

\ \ I'M “ais Mont Ward .... orrell

dotor Prod Motor Whi | Mullins pf “. Munsingwear .. Murray

BD rt vt ND Cd de 00 +t 19

br DD et wt 13 Cd ln LO BIT De D1 It 1G pt pot I CF i 3 ht DID Ie DP D0

» nn

|week’'s output at {trucks compared with + week and 33,550 a year ago. Trade

Wankesha Mot

a

US Nd PPI 03 J

Woodward Tron. 26 Woolworth _.... 33% | Worthington ... 18% | Wright Aero

1% | Wrigley

“a l is | yellow Tr....... 134 1} 1a | Young S&W ... 1034 1034 1. | Young Sheet ... 33 321%

[Tou Stl Dr. 18% 18%

| FALLS OFF T0 17,300

3, 34) M4 is | Lia. arb . 14} 14% 0

n mobile production dipped this week

DETROIT, Aug. 2 (U. P.).—Auto-

to near its minimum for the vear as virtually all plants were engaged in changeover preparatory to 1941 production. Ward's estimated the 17.300 cars and 34 822 last

Reports

publications predicted that the low

. production point of 1940 would be | touched “Suing the coming week.

LOCAL ISSUES

George T. Stevens, former manager of the refrigerator division of the Crosley Corp, has been named vice president of the Eureka Vacuum Cleaner Co., Detroit, Mich., H. W. Burritt, president, announced Floday. . ~L

HOG AND VEALER

editor and publisher of the Chicago : American, . Victor Moore (Mr. Throttlebottom, ¥ & =» “Of Thee 1 Sing") is slated for a On the eve of the convention of | sopt on Lincoln Highway, 8 p. m. to= the National Assqeciation of Broad- morrow, NBC-Red. George M. casters, radio will toot its own horn! | Cohan also .a long- -time stage favfor a full hour tomorrow evening. oite, has written another patriotie From 6 to 7 p. m. more than 50 son, “This Is Our Side of the Ocean.’ headliners from the fields of gOV-| Fe'] 11 introduce it at 6 tonight, NBC= ernment, religion, education, labor, WIRE. civil liberties groups, women’s or- # 8 8 ganizations, the press and radio it-| Newcomers to the Quiz Kids, 8:30 self will pay tribute to the industry. | tonight, NBC-WIRE, will be Marvin The broadcast will originate! from | zenkere. 13, and Mary Clare Mecthe New York and San Francisco gugh, 14. . . . The full four and World's Fairs. It'll be carried by all one-half hour WLS, National Barn three major networks, as well as a papce is scheduled to be broadcast number of independent stations. The | from the Indiana State Fair, Aug. program will be heard locally over 31. . wal program which grew WIRE, WFBM and WIBC. At the oi of ‘a recent librarians’ convenclose of the program, plaques ex- |i, in the city will be heard over pressing the ideal of Freedom of NBC-WIRE at 4:30 p. m. Sunday, tenes [Radio 0) be unveiled simuligne-];, will be. The Life of Johann Gute ously at both Jun, enberg, a presentation of the Inter

HV Raltonbern. A ows analyst, | national Association of Printing will sub for Walter Winchell for four | House Crafsmen.

PRICES STEADY

Rising Trend of Last Few

Days Slows Up; Peak For Porkers $6.50.

The rising trend of the last several days at the Union Stockyards slowed up today, ana iivestock sold mostly at yesterday's levels. The top price paid for 220 to 230-pound hogs again was $6.50, ac-

The following Juotations bv the Indian-| cording to the Agricultural Market-

apolis Bond & Share

on buving and selling quotations of recent

2 transactions. Stocks i Ask

Agents Finance Corp com... . RR & Stk Yds com... ; RR & Stk Yds pf 53. Ind Pow 7% pie... Hook Drug Inc con ‘ Home T&T Ft Waynes 2% pd *Ind Asso Tel Co $6 pf .. Ind & Mich Elec 7% ere. “aur 1

3 * Ind Gen Serv 6% {*Ind Hydro Elec 1% "bia d com

Indpls Gas Indpls P&L com

| Indpls

Indpls Indpls \ .s *Lincoin Nat Life Ins com... I

Corp. do not represent actual price offerings, but merely indicate the approximate market level based |

ing Service.

Vealers sold at a peak price of $9.50.

Top Repts.! July Top Repts. ..8 8.50 12000 31 ... b. R967 6.40 “931 Aug, T Repts.

6.30 6196 YY .... G3 5430 | 2 i) RT

Barrows (

and _Gilts ) $ 85 0

oa.

Vo

5.1050! 360- 400. 4.75- ¢ 400- 450. 4.35450- 500 4.30-

"250-5 500. 4.00- 5.

‘ol

oa

weeks, beginning at 7 p. m. Sunday, » |NBC-WIRE. Billy Conn, light| Wally NORTE, WIRE announcer heavyweight boxing champ, will be who cuts an imaginary birthday {Ted Husing’s guest on Choose Up cake on the Dawn Patrol each | Sides, - CBS-WEAF, 6:30 tonight. | morning, turned up with three real . At 9:30 tonight Read Admiral ones this week. Wally had a birthRichard E. Byrd will be the guest on| day, and the listeners didnt’ forget, " = ” n " »

* THIS EVENING

(The Indianapolis Timee is rot responsible for inaccuracies in program ane nouncements caused by station changes after press time.) INDIANAPOLIS INDIANAPOLIS CHI ICA GO CINCINNATI FBM WIRE 1400 WLS-WENR 870 WLW_ 700 YeBS Net) (NBC-MBS) _ (NBC Net.) (NBC-MBS) Waltz Time Air Training

Rocky Gordon Follies Hedda Hopper Hit Parade Malcolm Claire " Joyce Jordan Dick Reed Ireene Wicker , Kirby & White orld Today Riley Guild Lowell Thomas

Bud Barton Vox Novachord Raker & Dentom n Winscow Peter Grant

Stuff Smith Gardner Benediet Death Valley

| pm

B= | | did [AD ND

- — how QO Deas Radio | Fanfare Freda Miller tf News Svncopators Di News Easy Aces

Concert

Discussion Club}

Str iotly Business | ”» ”

" Dexth Valley

! |

ANAT ! he in

Hollywood Sone Shop

Concert Music

ns S253

Johnnie Presents Grand Central

Waltz Time

What's My Name? Melody Postman " ” Soap Box Derby

Don Ameche Joe. Sandvrs Don, Ameche Quis Kids i "

Show Boat What's My Name?

_-D | my

Rep. Patman Quartet Al Pearce Rarbershop Sones " » Concert

Amos and Andy Pleasure Time o'clock final Pleasure Time Lanny Rase Dick Reed » v Panl Jones Larry Clinton Baseball " This Js The Fale " " ” " n " Gen. Disque

Peter Grant Raymond Srotd

News Abe Lyman

PARE OPE Dh 1 TDD ed ad bet BG = "ne PPT PIOND ue a Ere rsanas

Jack Chapman 10:5 Rasehall 4.25 10:4 Jan Garber

Bobby Day

” ” Rav Noble Musio You Want

N Ind Pub Serv §'>7 pfd.... N Ind Pub Serv. 67. pfd.... Medium N Ind Pub Serv 7°, pfd ... x] 100 200 | Progress Laundry com Slaughter Cattle & Vealers (Receipts, 268) ]

Pub Serv Co of Ind 67. pfd.. NE ”» ”» Pub Serv Co of Ind 77, pfd.. Choice tYearlings excluded) 8 Y Aloe Bartha ’ \ *So Ind G&E 4.87 pfd ns 750- 900 $10.25-11.25 Good ....$ 6.00- 3.00) 5 » " George Sterney Terre Haute Elec 6°, pfd... | 900-1100. 10.25-11.25 Sausage... 6.00- 6.50 5 | Union Title Co com... 1100-1300. 10.25-11.25 Medium 5.50- 6.00 | (.!|Van Camp Milk pfd 1300- 1500. 10.25-11.23 Cutter and 475- 5.50 J i co on = Id Van Camp Milk com B.00-10.25 mm NR ls INDIANAPOLI 18 i} Bonds 900-1100 9.00-10.25/Good and WEBM 1230 '1,| American Loan 3s fee 9 1100-1300. 9.00-10.25 ~ choice (CRS Net.) + American Loan 5s 48 . 1300-1500 0-10.25 Common and atle Rid Citizens Ind Tel 4':>: 61 Medium-- | medium, 7.50- 9.00 Early Birds 8 Crabbs-Revnoldg- Taylor 750-1100 9.00 Cull 6.00- 7.50 |

vne 5'as | : 1169-1300. 5- 9.00 Xa | a A 5 Common — Feeder, Stocker

® ’ : ‘ Cattle, Calves . -- 105, ) 0 ’ (Receipts, 533)

vv. Indpls Railw ay Steers

Noh: Kelv Musie You Want Buckeye Lake

Ch & S bo Acm

Vat Aut P . Biscuit

»

Slaughter Pigs 5.00- 6.25 90« 120 3.90-

at pt pt

cum

rr er ————— PE ——— — Gray Gerdon Bernie Cummins

- - — = -

Jimmy Lunceford Monn River

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93 C3 PSY at 2} 4 9 bt pt pt 0D et ret pt »oam

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SATURDAY PROGRAMS INDIANAPOLIS INDIANAPOLIS WIRE 1400 WIBC (NBC-MBS) . Dawn Patrol

J - = > 53 " ow»

DDI UI «AID ND mL) ek AVIV D PINT 0s) Wk a) a

—— . ww Det DD PPI NI DPI ID alr Fyre ym Da 1 OVS

RE C-MBS) Morning Boone County

o, Co - - om

9.00- 9.30 |

— 0 ms rt

wr

Devotional Symphonv » ” ” ”n

» > 5 » Breakfast Jam ex i

" - asonology » " r News Ras) » " Fred J oh hid "Timely Trnes Lincoln Hithway News Lincoln " “ The Rionles » ”

Joe Gallicchio Band Waron Hymns Devotional

Deep River Boys Benny Krueger

“ an

~ I

Newmount Min Newport Ind ..

vw alagatal |

"°X

1

RANG=

— 1D rt ot CO BD ot pt DVO

— Meg td MIBIre Bore

ALS DIED

»»

DD PAN ALDPIRND Aa PRD ore DO «OVI

Singing Bee Homes on Jana

Paul Arnol

Mv Health Rosa Lee Mail Bag ” »

Wheat High nw - y te ol the Memorv Lane Music Magie Richard Liebert

Hits of the Dav

Friendly House " "» " " D. A, R, Program Homemakers

Dirt Dobbler

Dorian Quartet

September

December , N Pacific Max

1 —_— PRX

(adn ino aun} yo Er

Serenade

Irving Miller Pessa Byrd Homemakers Hour Sundav School Pfaender & Miles Castletime

Noonday_ Rhvthms _ » "* ordon Shaw Waldort “Luncheon

Corne Sepembert

«3

Country ,, Journal Let's Pretend

Y eet mgmt |=

———

Don Anes Stamp Club

lan=2 NIN

weather News

Volume of wheat trade was light and after moving within a very narrow range in eariv operations, ypyciee. The Secured Underwriters, prices sagged to (ractionally lower In has Obened an #tcount. With Ga, Suckine 3 WR e n . y ans ' levels. Unsettled weather and wide- . i . Calumet & Iv scattered showers over the spring the American National Rank, which Ganags Dry wheat belt were discouraging fac- firm officials said will act as itS Cannon Mills tors Rain alo was reported In depository. Cree. southern sections of the Canadian Wks i ; sae Celanese 303% wheat belt. Independent easiness at |, Fermission to offer the certificates caianese or ‘pt 1181. i IT p : . “has been granted by the Indiana | Celotex 63 Kansas City influenced some liqui- Securities Co heh Cent Aguirre 18a dation DECUrIIes mmission ‘ Cent II Lt pf 111)» : Kansas Cit ‘ de most After the company has heen Se He ae 237a ansas City continued easy mos : - ke _ Certain-tee of the session and Minneapolis| Co Pitalized, more than 150 agency |cer.tq & br of i Sess ana Minneapolis yen and service representatives will Ches Corp wheat followed later winnipeg yo hired. officials said Ches & Ohio 38 prices remained at pegged limits, Aired, Hifi > 5 Chi Mail Order rE i y ge 1 Shir Is President hilds 3 Indpls W Co 3 hia 0 Choice— { Shiremen Is Presiden Chr Slr ’ | Bnterstate: TAT 31 2s 5 ce 10.00-10.35 "500. 500. 3.00 1.001 ] 0 5 President of the fim is EB. C Clev EI Tim of Cd | Kokomo Water Works 81 3... | 500- 730 9.00-10.00 Good- 5 5 AIMAX 2 . | “a X - 9.00 j v luett . Choice 800. 8.00- ¢ ; Shiremen, head National Civett ead... 33 12| Muncie Water Works 30 55. 3 | 750. 10.00-10.7 s JONC1050 8.00- 9.00 75s 1 ' 13 111 > " 1 1 d G — Ki Y : Zan o Nis tinsville and the r&T. ] oa Skee A S aa 500: 7.25 8.28] "ASSY "K < at "108 | {IN Ind Tel 158 § “ate BY edium-— | SIMON. | TA Syfork Fish Hatcheries and a Ghia Ol oN AE Tel 4s >) i 50: 0. 7.50 9.00 TR. 300 . 500. 125 “ MUS { x Uni , 7 5 n » 1 5 “yd ommon alves (steers December .... .38% wuistes of DePauw UNVEIS/Y. Viceigw: Daun 3 greece! Richmond Water Wks 55 37 500- 900 5.50- 7.50 Good and choice— May ves ‘a 59's 60% presidents are W. A. Watts, former ea $e 5 295, - : Ot S ey Trac Term Corp 5s 57 | ood Co vs » Hoo down 950-11.00 0 : 3 39° 3¢ | *Ex-dividend. 300 6.00- 7. edium-— . banker and president of a mid- ny vol 102 x yb : Owens Ti Glass = 10s — Medium ~~ 5.00- 6.00/ 500 down 8.00- 9.50 Clee Club AHR Wester lif oe Solv 9s 93% -— { Cutter and | Calves (heifers) Homes on Land Mav . estern life surance company, « on & So = Pac Am Fish .. G . t B d mon, oh 8.50-10.25 Farm Circle Frankie Masters - Parade of Bands Rye— and R. B. Parrott, former associate Somwith = Spf 44 ; overnmen onas Raper -. 200 Gown B30. 501M: oo. Farm Hour Boy Greets Girl Beene . 1 sales director for an Indiana life Conde Nast 3 3 0 : ¢ : B «3 30 50° a | U. S. GOVERNMENT BONDS SHEEP & LAMBS (Receipts, 665) 3 Neos Tunes Markets. w Farm Hour NAY oo : 49 insurance company. Mr. Parrott gone oA 33 3 .._ Paci ' a 101 Be) High Low Close | aa aren (spring) . i Uncle Ned's Party Bro ea - : : 9 1 5 ¥ ) 9 vy 0040 an olce Tees seen ve also will be organization director for cons iE LY = Pac TET of 3 * s 1947 ua 106 o 2:31 | Meduum and zood . 5 : Bohby B the two new organizations. Cons W . Pac Tin Cons .. 5 % 9: 3 NY me

Sov Beans—

100 Marine Band Reavest Time =r Girl & Band

”» ” won

Common "a *hvna Ewes (wooled) Good and choice

5 30 Old Vienna . 5 » »" Common and medium

Flovd W. Burns and Thomas E. Cons . 2 a Packard helgiochen Musie Comp, Garvin Cons Oil ‘ . Pan Am_Airw's " ” Ad n

Indianapolis attorneys, are Gonsum Paramt Pict

legal counselors for the firm. container Bars Pic 2 pt : . a aw v or | Parke avis Directors of the underwriting firm cont Bak {Pathe Film

b Bid besides the officers are: E. O. Bur- Gon | enney ———— gett, president of the Peoples Life ¢om Peoples. Dr

f

(SSDI | th

WPL “ADMIN

Xavier Cugat Golden Melodies

00 Bull, Session Club Matinee { Musical Patchauil$

5.55 5.75 5.80

30 Kevboard Console Kevboard Console

106.14 Symphony

Tw

w aE BEE KK

“ OPIOID o«

——————— Tommy Dorsey

a Asked c—— rt ttt Buffalo Presents » ”

1 BRL

ot “

I

News Tommy Dorser

Or - yw no»

No. 2 weevily, 31: 2 5 No 1 weeny Cr Cork epfww J 3212¢. Neo \ {Crown Zeller 'o. 2 heavy, * Directors Listed

v ren oy » 2! Frank H. Davis of Haight.

Y Y Tom 4 Home Owners Loan Bonds ( HI( AGO LIV EST OCK | ss ——— ees — ASH 1952-44 106.28 106.28 3. Hogs—Receipts, 9000; general trade | Tommy | Dorsey Capitol City, CAS , . b of . ont . . steady to 10 cents lower; spots off more 3 Hew ’ » Neo. 2 hard. 76> @7T6%c: No Insurance Co., Frankfort: D. Sher- Com 0 poopie ous ~ y lon butchers 250 lbs. and packing sows: Saratoga Race yi. Nat, Shilkret “ in rd. 76'5c: No. 3 red. TT. .@7i6¢ sam- Man Ellison, Ellison Insurance Copweld Steel Pere Mat De " FOREIGN E xO H ANGE op, $6.60; bulk good and choice 190-240 se te a—_———————— re ard, 89@75¢. mi xed Eran 2, Agency, South Bend: William Ing- Pet Corp Am " 32 uy bs., $6.25@ 6.55: 240-270 lbs. mostly joa Albert Warner El Chico, Around Town El Chien, Corn—Na. 1 vellow. 65, @68'5¢: No . Pleiffer Brew A NEW YORK. Aug. 2 (Ul. P Follow- 50 270-300 lbs. $5.70 6.10: 300-330-1b. | Joe Kearns vellow B4T4@81 Shen. No 3 yellow alls. Ingalls Insurance Agency, Bed- Phelps Dodie ling are closing cable rates on major cur. |Averages, $5505.80: most smooth sows] Yella Pessl Dick Reed » oon @ssen, VT 1 muxed, 31'ac. No ford, Verle H. Campbell, General Grane hd of Phil Morris ... | fenctes Cable Rates Not Chg LL ni [email protected]; 360-550 gd World Today ____ AIvike Rey : Insurance, Indianapolis Pnillos Ins... 8 oy rH A 00's | Cattle Recelpis 1000; elves. 300; led | KEY NETWORK STATIONS (Subject to Change): , ' A > } RRA steers an yearlings sirong to cents Pirelli tira higher: supply very small; buyers operat- CBS—WABC., 860: WIR. 750; WHAS, 820: KMOX, 1090; WBBM, 770.

i >

a - ww -

»

| Crucible st : yf xe Pitts Sc & RB A ++ | Finland (markka) ..... .030f <= Am Su . 1, [Pitts 81 pf § fe 302 3 Switzerland franc... " 0001 | ing for numbers following smal lest Jre-! NBC-BLUE—WJIZ, 760; WOWO, 1160: WLS-WENR, 870: KWK, 1350. t . -— 4 i . 8 2 : . en \ fipts is eek in 25 v 8: fe eifers . ! Davis Curtiss Wr . " v - | Plymouth ™1 Ca a3 Corte RI Ty a MUTUAL—-=WOR, 710; WHK. 1390; WHRC, 640; CKIW, 1030; WSM, 830. & Haight, consultant actuaries for Curt Wr A . : B% BH — Boor Bl Cay LR Yet) "50! [sow trade mostly steady. about 25 cenis| NBC-RED—WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670. the new company: Arthur Beckman. ! Procter & 6 : ra . - BI IS Ho c | vearling steers toppe at $ several | president, Anderson Federal Savings Bere “hu <Q Proct & G pf LOCAL PRODUCE | |loads light and mediumweight offerings & Loan Association. Anderson: 4 J 4 £10.50% 11.15; best weighty steers, $11;

Pub Serv Bit Batson’ shortfeds $9.50 down: grassers $8.75 down Lgurence F. Sullivan, former State 2 oh: Bad #3 Exc rs

Pub Sarv 5 pf A Pullman i 3 1 Heavy . bs n ; : =n . REDS smo. . : =) : + Heavy breed hens, 12c: bareback hens, (to $6; load 850-1b, Mexican grassers, $6.70; | Auditor, and Otto G. Fifeld, former Bam Fi . : - Ys lic: Leghorn hens, 9c. bareback Leghorn best fed heifers $10.60; weighty cutter | State Secretary of State 13m :

Pure Oil hens. 8c; Barred and White Rock SDring- cows .o $5; very few weighty sausage ! Others are J. I. Edson, vice ie 1, Vict hires: Douglas Aire

Radio ers, 4c: other colored heavy breed SPring- 'hylls above $6.50: best $6.75; light and Radio-K-Or * BRL le or) SESingers, a bareback medium weight $5@6; vealers steady at dent-treasurer, National Discount Presser Mie Ravonier bl. No. 1 strictly fresh country. run egas, S10 down very searce: week's Supply |Corp.,, South Bend: Earl F. Heise, |Dunhiil a! 10'5¢; each full case must weigh 55 des a} : : ; carloads: No. 2 white. 21, | Dresident, Heise Bros. Milling Co, | @20'2c; No. 3 white, 26'2@27 zc. Orleans; J. M. Hoadley. J. M. Hoad- | past — ley, Inc. Bloomington: James W.|East

ac | steady; several hundred head Texas grass Phy Sra hae 8 Ths wh he Bogie gach calves and light yearlings due here early WAGON WHEAT Wi Republic 8tl selogel. vice eside it, vette Indianapolis grain elevators are pavi 8 president, Lafavett RD et] pf 1 .

| Butte 15@30c: No 271 @ |Next week : : : aa! for reek was > - | atc. Patteriat—No 1: 2aer: ; | Sheep—Receipts. 300; late Thursdav, Continuation of the nation-wide for the week was made by neigh far No. whea!, 9c: subject to SA Loan & Trust Co. Lafavette; James Elec’ Boat. 3 13: 1: ~ Ra a change: other grades on their merits. Cash | I. Barnes of the James I. Barnes 55% —_— ing

Ly A mixed heavy Rae mixed NAY gL Rve--No sales 8a beans—No sales Barter — Feed, 33% 43¢n provivions--Lard Jeaf. $4.75n. bellies 36 25n

LOCAL GRAIN

CASH Easy: receipts i carloads:

Soaring Mercury Continues

w heat

To Restrict Retail Trade

(U. P).—) “By and large the best showing

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“Oats Weak NEW YORK, Aug. 2

tPrices quoted by I Stes Co.) |spring lambs and fed veariings 15@25% y . .i n : . . bhorhood stores or by retailers deale : {cents higher: best sorted native spring- (heat wave restricted retail trade ac ling principally in season goods.” |ers $8 50: bulk lightly sorted around $8.25; tivity this week, Dun & Bradstreet, ; double western springers straight $8.75: 3 d Middle West trade was reported reported today. 6 to 10 per cent higher than the

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22d and Meridian

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324 W. MO

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DELTA MOTOR DRIVEN TOOLS

Exclusively at

VONNEGUT'S

120 E. Washington St.

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lB 4 OUTFITTERS 10 MEN, WOMEN and CHILDREN Sen

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indiana neatey Goodri 129 Ww. Wash. ho + _Ovoowite ur Gosaricn pt i ood Goodyear pf .. | Graham-Paige .

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MILLER- WOHL CO.

45 E. Wash. RL.-2230 131 W. Washington St.

Directiy Opposite tadiana Theater

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Some to borrow money—Others to seek the services of our various departments: Trust, Bond, Real Estate, Insurance, Rental and Travel Departments.

All are welcome to this spirit of friendly service.

THE UNION TRUST COMPANY OF INDIANAPOLIS

CAPITAL AND ‘SURPLUS $3,000,000.00 MEMBER—FEDERAL DEPOSIT INSURANCE CORPORATION

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Oldest re th Laas a the State,

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%* Exacting . .. AT LOWEST PRICES

STANLEY JEWELRY CO. WATCH REPAIRING

® All Straws REDUCED LEVINSON

Your Fate? mem’ |

Harb-Walk ... | 20S cent Pox | Hat Corp “ B% : 5% + | Hecker Prod ... won bong El Fish. Es | Bere ae. a pe: iv, [Union Bab .. 13 12% + share vs. $4,601,038 or 91 cents year Customs. Ladies’ | Hershey . A $ae8, Carb . R T0V 1 2 | ago. INDI ’ R Cal... 3, 2: 128 ANAPOLIS CLEARING 30y Re Summer DAY SANDALS____5%¢ Hershey pf .. la ¥n a ifie. a . United States Rubber Co. SiX| clearings x Bb . “ein B

Turn . : Pact -.-- 2 3 © i2|/months ended June 30 net profit Debits ux 3.000

- Ss 4 i | by N Y’ | Homestake $4.234.239 equal to 94 cents a com-| "GFT SACKS BROS. PRICES RICES FIRST— | Hoa B Mas

mon share vs, $4,465,387 or $1.18 year Hupn Motor 138 E. WASHINGTON ST.

doubles fed yearlings, [email protected]; today's, Ind. “ 15@25 cents higher; fat sheep steady. volume for the week was estimat- | corresponding week of 1939. 101 few tops out at $8.70; holding other [re "w Official Weather westerne ond sah puinding other sponding 1939 period compared with | | Safeway § pf. 105% 1087: native springers Sorted ila year-to-year gain of 6 to 12 per| . h A < own: Schulte’ R . . {double 8¢-1b. dryfed yearlings, $7.25; few - a : |ScottPap 4'x pf 114 's ~Friday, Aug. 2— ey w ve bove ‘Whereas merchants were inPrecipi- State of medium and heavyweight, $242.75; can- clined to welcome the first days of | |Sears Roebuck . 76% 1 oe JAIN Gc ; . | | hee | Rocet, Bae te OTHER LIVESTOCK | Ee SN. En 5 a RR 3 mE Pa Sheaf Pen | Rochester PtCldy 4 lt v 8 uw Ted ] nN 1d ound that continued high temper4 d Shell Un Oil § | Marion - 8 PtCldy ET WAYNE. Ind. Aug, 2 «YU. P.), Hogs 4 ’ Ng : Sim Saw & Sil 2 Cambridge City. 87 ; Cle : o —— iin | Skelly Oil i pS ny : . lear | £6 Ss. 180-200 1bs HS 35. F 4 V4 |) i . Columbus ,.. 9 57 Clear | 240-26 5: i i :s : Merchandise and Service 1 Gair Rebt ‘ Bes > "a a 0-260 1lbs., $6.1 260- 3" tions and in the new apparel pres3 Gar Wood Tnd Soconv-Vae Clear $5.60: 350-400 Ibs.. $5.50: 150-160 Ih: So Por R Sug Cloudy 140.150 Ths $4.85: 130- Td ; / " Ld e 2¢ aif | pf 56'2 56': 56' 31; [South Pac Cv 33°00 Stags. $3.25. Caives, $0.25. Lambs, lof the summer season was found! / not to be beneficial in all instances| EK ¥% [| 3 American Cyanamid Co. and sul Cos 3% hn. roushs. $5 down. hand,” Dun & Brandstreet added. CINCINNATI, Aug. 2 (U FIRE SC CASUALTY : SAY “rt 4.65. cood packing SOWS. $47 4 combined Class “A” and “B"’ com-| ealves. 250. Candd jer heifers, 3 NEW YORK, Aug. 2 (U. P.).—Dun INLAND MARINE X good and choi reale ,» [1aries six months ended June 30 net |$850@9 et Yea sie ‘{piled for United Press (1930-32 av10ice T9-1b. country 8 | $1,991,659 or $2.66 year ago. ry any ded ool Jabs vonmseve es +s 11309 oy ey, — Month 80 +is.ivuryearviss. 11581 a bet profit $1,039,502 equal to $1.01 U. * d i G p - '|ago. ment expenses and receipts for the current 1040 Low (JUIY JO) Nenvrnean. 113.11 | Maytag Co. June quarter net profit RA vear through July 31, compared with ee 14. .845.807.5 preference year ago. | Gross a a "165.799 39344 936. Day after day people come here—Some to deposit money. Debt 43.770.544.600 2 profit $5804538 equal to $1.14 a Gold Res. 20 461 Shan 78

Corn and Wheat Region trade spring lambs and yearlings mostly 6 doubles 91-lb. western soringers $8.60: ed 5 to 7 per cent above the correlightly sorted $8.50: Gq [ ¥ |Schenley Dist . 10% 10%: UIT SWON atives largely ' [cent in the previous week. 1 'Y) | lightweight fat ewes $3 and above; bulk | | 1H Seab'd Air Lr... 3-18 Station Low tation Weather ners mostly $1.50 down. 4 ‘ .“ £6 00 {the heat wave as a useful stimulus = | Shattuck a | Wheatfield PiCldy | | for summer goods clearances, many | Simmons Ye | Lafayette Cloudy |. Sad AYNE. |atures dulled shoppers’ interest in \ : : : August fur and furniture promo-Sloss-Sheff pf 2 : 2 Vincennes Clear Ibs... $583: 300-325 Ibs 70: 325-350 Gaylord Cony ‘entations,” the trade authority said. y Soeast Grevh I. PiClAY [130 hs. $4.35: 100-120 1hs. $4.10. Roughs.| “At the same time, the prolonging | LAFAYETTE Ind. A Aug. 2 (U. P.).—Hog iti | BUSINESS AT A GLANCE MEL VE RA Sor because of the small quantities of 260 Ibs, . . 260-325 lbs. $5.70 desirable merchandise now oi ) ‘Calves, lambs, $78 - P \.—Ho ——_— ad Thm 3 SH ey . nis SNar n 290-278 s 25: : TY > q : iN DAILY PRICE INDEX Cattle-~Receints. 200: AUTOMOBILE ,/mon vs, $1,109,236 or 41 cents year Jie and cutter heifers. [email protected]: medium l a os ; cutter oe ago. [offerings. $4.25/5: medium and good beef | & Broadstreets daily weighted price i Curtis Publishing Co. and subsid- | {oft $3276 50; canners. $3@4. sausage index of 30 basic commodities, comsagbaa” PON INSURANCE at 24 profit $2,223,180 equal to $3.07 a | Good Sorine: amber ss 256 8.75: Hhores| erage equals 100): : M * [share on $7 cumulative preferred vs. | ewes and wethers, [email protected]: good and |Today srsnasssnsnaraness 113.30 substantial savings aly common and medium, $5.50@ | Yesterday ...... General American Transportation WEEK Q80 «vvesuvsnvrsrne oe 133.56 1 Corp. and subsidiaries June quarter | STATEMENT Year ago 102.44 sha 2: nts year | ig : re vs. $732,122 or 71 cents year | WASHINGTON. Aug. 2 (U. P.).- 1940 High (Jan. 2) s.eeeev 0 123.34 2 "1, |$342,080 equal to 5 cents a common | Fear amo This Year Last Year eh a ,, |Share vs. $172,759 or 41 cents on $3 greene 0 293 511. $301.323.083.53 THIS IS A FRIENDLY INSTITUTION D Phelps Dodge Corp. and subsid- | Ne Bal laries six months ended June 30 net | | Roark, Bal 25,225.304.4%

35

ago. Nationally Advertised

$23 LEATHER GOLF BAGS IPPER HOOD $750

Genuine leather 3pocket golf bags $10 Golf Bags "**,>* $3.50 § $ 5 Golf Bags Reduced $2.50 §

1218 |

On Everything! . Diamonds, Watches, A amer

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Ind Rayon | Tngersol Rand

| Incorporations

odocker Motors, Inc. 2608 W. MichiNY ost. sap aipnapelis; agent. Price H., WilN Drexel . Indianapolis: | | 100 (Wc no par value: dealing ry pw, “re {and used automobiles, motor boat : on David Rodocker. Price H. Williams, *aames |

beock. University Club Realty Circle Tower Bldg. Ind Thomas D. Stevenson, same address: la Shares common and 750 shares preferred par value: Real Estate business; Reward Bennett, Austin H. Brown, mn “orton, B. PFailey, John

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FUR COATS Largest Selection in the Stale

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