Indianapolis Times, Indianapolis, Marion County, 30 September 1940 — Page 19

MONDAY, SEPT. 30, 1940

BUSINESS

Indiana’s 14 Breweries Turn Out 1,600,000 Barrels of Beer a Year

—_———— By ROGER BUDROW

ONLY 10 OTHER STATES MAKE MORE BEER than Indiana's 14 breweries turn out in a year, according to the

Indiana Brewers Association.

In a pamphlet extolling the virtues of the industry, the association points out that 14 million dollars in excise taxes and license fees is paid on beer manufactured or drunk There are 155 beer wholesalers now, 2363 beer-

in Indiana.

only permits and 1861 three-way permits in Indiana.

The industry's annual payroll is Nearly three million dollars ($2,893,000) for the 20,000 employed in making, distributing jor dispensing the beverage. Indiana’s breweries spend more | than 6% million a year for grain and supplies. To make| the 1,600,Sa; 000 barrels of Roger Budrow beer leach year, tse 58 willion pounds of malt, 15 million pounds of corn and corn

the breweries

products, 5% milli

on pounds of

sugar and syrups, 450,000 pounds of rice and 900,000 pounds of hops and hop extract. The 14 breweries in the state are listed as the Indianapolis and Ajax in Indianapolis, Berghoff., Centlivre, Hoff-brau in Ft. Wayne, Sterling and Cook in. Evansville, Drewrys and South Bend at South Bend, Schmidt at Logansport] Kamm & Schellinger at Mishawaka, Kiley at Marion, Lafayette at L ayette and Ferre Haute at Terre Haute. In its cry against local option, the association says that state-wide prohibition put 30 breweries out of ‘business in Indiana in 1918. 2: 8 8 | BUSINESS WEEK says British finance authorities are [working on a scheme which will place at their disposal a considerable hoard of _ foreign-owned | gold which sought refuge in London before the war. * The plan would be to ship the gold to Canada, use until the end of the r, and then return i $40 its ownS. | 8 2 ” RESUMPTION OF | PRODUCTION in automobile and affiliated industries is given most [of the credit for reducing the number of jobless insurance checks in Indiana during August. The {State Unemployment Compensation | Division| says about 25,800 were drawing the checks during the change over to new models in July while the number was about 16,700 at the end of August. : 5 a =a STEEL MILLS in northern Indiana are expected to be busy for months to come, io iii what turn the war takes. ey are busy with British orders now but any cancellation would be offset by heavy U. S. Government. orders to be placed soon and expected to hit 200 million dollars in| the next 10 months. ® 2 ODDS AND ENDS: Rillsbury Flour Mills of Minneapolis will receive a $454,064 refund from [the Governmient—they didn't owe as much taxes as the Government first thought. . . . The drought has practically ruined the wheat crop in western and southern |Australia and the agriculture ministers are pleading for financial relief for farmers. «.« A. U.S firm ‘Granfor, Keen & Co., paid $700,000 for a 10-year lease in Argentina's richest tungsten area. Tungsten, used in shell projectiles and armor plate, is white, heavy as gold and has the highest melting point of any metal—6098 degrees Fahrenheit. .|. . 35,562 Indiana farmers have applied for insurance on their 1941 wheat crop, 7000 more than last year. «.. IS 8 cold-blooded view but U. S. News says the bombing of London will mean a vast amount of rebuilding with U. S. structural J getting a good share of the business. . Purdue believes hog raising will be more profitable next year than this year for most Indiana farmers even though feed prices are higher. ... The New York Curb Exchange wants the SEC to extend its unlisted trading privileges to the Indianapélis Power |& Light Co.’s 314 % first mortgage bonds that mature in 1970. . . . The Governnmientowned grazing lands out West brought in $800,000 last year, onehalf of which went to the States the land is in. :

| Corn and Wheat Region Official Weather

Today PrecipiStations Low tation Notre Dame ..

PORKER PRICES RISE 15 CENTS

Heavier Hogs Gain Most; Trade Has Slow Start; Top Is $6.45.

Hogs sold as much as 15 cents higher at Indianapolis today than they did, Saturday, the Agricultural Marketifig Service reported. Some prices did not change but weights between 160 and 230 pounds were up 10 cents. The 15-cent ‘upturn. was made on butchers above 230 pounds. ‘The upturn was largely an adjustment of last Saturday’s low levels which had dropped 20 cents. Demand was just moderate today as shown by the fact that it took an hour for buyers and sellers to agree on what prices would be paid. The top rose to $6.45 for 230 to 240-pound hogs. The cattle market today was described as a “peddling affair” with sellers trying hard for prices paid Saturday or a little better. The earliest sales on both cows and butcher cattle were the best, the Marketing Service said. But with urgent orders taken care of, buyers climbed the fence and prices weakened. Vealers fell $1 to a $11

lower than last week.

Top Re hd Re t. v$ 6.307 $13. y 6.20 L101 cs 6.30 9537

STR S25! Gilts 5. 05- 5. 801 300- 330. 350..

ns Top * Rents.

..$ 6.55 §$10.339 we .3 : f+ 8. 45 9713 ng Sons HAs. - 6.25 6.10- 6.20 5.75- 5.8(

5.55- 5.8( 5.40- 5.6!

4.90- 5.6¢ Sinnghter Pigs 90- 120.. 4.40- 4.75

6. 6. 15- 6.25

5.25- 6.10! Cattle & Vealers (Receints, 1206)

u 1. 5 12.50! (Yearlings excluded) 3. foi0 d ....$ 6.50- 7.0

6.50- 1. 0 5.75- 6.75

5.25- 5.75 lers

160- 200. Savchter

00 900- 1100. 1100-1300." 1300-1500. Good— 750- 900. 900-1100. 1100-1300, 1300-1500. Medium —

750-1100. 1100-1300. 17. 50- 9.

50.100 6.00 7.501 ers 0- § $ Steers, Heifers 0 (Receipts, 516) Cho Choi

/Choice— i 1"5.00- 800. 9.95-10.00 S00 750. 1075-1175 | 300-1050. 5.25-10.00 500- 750.

9.75-11, 00/G. Heifers kB 8.25- 9.25 Choice— coo. 8 900. 10.75-11.75 900- 1100, 9.75:10.751

Mediu 500- 1900. 7.50- 9.75/ 5.50-

Common— 500- 900 Co 5 755.75-

Good Medium. . 4.503.50- 4

bk ht fd ft

3 Sov fi pt fut

-1 -1 -1 -1 -1 -1 -1

ft pd

9.00-11.00 nd 7.00- 9.50 5.50

? POPP eS

3 3. 1.5 1, A } - 0.7

DN ODI 3-1

Cull Feeder.

Medium — 500-1000. %7.25- 8.25 Common— 500- 900. 6.25- 7.25 Calves (steers) Good and choice— 500 down 9.50-11.25

6.500 © 500- 900 8.25- 9.50 al 500 down 8.50-10.00 6.501 “Calves (heifers)

Good— : 75! "500 down = 8.50-10.25 .50! Medium 500 on 7.50- 8.75 SHEEP AND LAMBS (Receipts. 1743) Good and choice Medium and good Common

Cutter and common Canner

" Ewes (wooled)

Good and choice

2.50- 3.00 Common and medium

1.75- 2.50

CHICAGO LIVESTOCK

Hogs—Receipts, 13,000; steady to 10 cents lower than Friday's average; bulk good 2h choice 200-300 1bs.. $6.30@6 ving Jon, 200-220 lbs. mostly [email protected]; 00.550 9 [email protected]; sows around stea 20 smooth lightwelghis Rol to $6.25: 300-350 lbs., $6@ ) eae lbs., $5.50@6: 450-500 Ibs.

Cattle—Receipts, 13,000: calves—1200; most steers and vearlings steady but very slow: killing quality mostly medium to good: early top. $1 ; load or so held above $13.50: Eastern order buyers and packers buying on shipper account going very slow, suggesting narrow orders in response to Jewish holidays late this week: best yearlings, $12.50, mostly [email protected] market: heifers steady, quality mostly medium, good offerings. $11.25: bulls full steady: cutters, weighty sausage bulls to 25; Western grass beef cows, [email protected]; about 3000 Western _grassers in run; stockers and feeders selling strong, vealers steady, $11.50; down* well bred Montana Jigar : . $10.75: steer calves Zp 2 comparable Colorado bred light Sa) to country up to $11.10. Sheep—Receipts. 3000; lambs slow, scattered early sales around steady; few good to choice” Western lambs, [email protected]; some held higher, small lots good light yearlings steady 8: feeding apes firm; round 2 decks nine, -$8.75@ 5@ -

OTHER LIVESTOCK

CINCINNATI, Sep: 30 JO. ok “Jog Re Solan 3000; tocta 395 6.50; 250-350 lbs 5. 1006, 20: 00-140 Toe smooth light weights to around $5.75. Cattle—1400; calves—300; active; around stot good 15507 ig steers, $11; 675 Ib. weights around $9. 50; canners to common heifers, [email protected]; * medium to good ‘beef cows, $6.50@7: dairy bred cutter cows. [email protected]; sausage bulls, $4. seas. 75; good and choice vealers, [email protected] Sheep—800: active: steady: od lambs, $9@9. 503; common and medium, $6@83.

Pr. AYNE. Ind.. Sept. 30 (U. Ho ey to 5 cents lower: hs, 5: 25: 200-220 1bs.. : 60-180 1bs.. $

P.).— 220-240

stags. $3.75: calves. $i1. 50; "iambs, $8.7

BUSINESS AT A GLANCE

McKesson & Robbins, Inc, Aug. sales $11,722,093 vs. $11,675,048 year ago, up 4.1 per cent; 8 months sales $97,469,699 vs. $93,673,592 year ago,

oli Indianapoits '

ooooooooOooCOng

up 4 per cent,

Terre Haute -— -

FOR op: INFORMATION CALL TRACTION TERMINAL,

INDIAN

You can go) oftener and do more, with the MONEY YOU SAVE on Indiana Railroad 10-Ridé

COMMUTATION TICKETS

Students! Businessmen!

‘Shoppers! You'll save real »

money with these handy n tickets. They're i for bearer and party for 6e ays from date plirchased. Next time go by Indiana [Railtoad interurban safely and A fd

or bus. Get the at one-third the cost of driving!

LOOK AT THESE PICAL SAVINGS Round Trip Cost by Aute LRR. You Save

$1.68 $1.10 $2.80

indpls To Franklin Anderson Muncie

Riley 4501

1 -

wenn SYSTEM

top. Lambs were 25 to 50 cents Budd Mfg

6.00- 7.23 G

agen $5: R

Center of Standard Oil and [Shell activities on Sumatra is at en above. biggest incentive to the Japanese in their efforts to conquer the Dutch East Indies economically,

THE INDIANAPOLIS TIMES Japanese Covet East Indies’ Oil

PAGE 1

BL pee lng ESA RI SRR BE TEN

Rah RBS. IE ERY

RY 31

1 is probably the

. Net High Low Last Change Adams Exp Air Ey Al Cp of $30 ww 1134 1 Cp pf xw... 102 Allegh Lud stl. 2212 Allied Chem ...163 Allog Stores ... Am Airlines Am Car&Fdy .. Am i Am Am Am Am Am

Met Roll * iti ¥ Safe Razor. 3 . 40

Am Am ACI] Arch Dan M.. Armstrong CK .. 38

Atchison Aviation Corp..

Bald Loco ct... Balt & Ohio ... Barber Asphalt.

Budd Wheel

Callahan Zinc.. Can Pacific .. Celanese 5 Certain-teed . Cert-td 6 pr pf. Ches & Ohio.. Chrysler Colgate-P-P Col Fuel & Iron Col Broadcast B Colum_ Gas _ ... Com Inv Tr... Comwlth Edison Cons Edison Cont Can Corn Prod Crane Co oye Zeller .. Cuneo Press . Curtis Pub .... Curtiss-Wr .

Diam T Mot. Douglas Aire. Dow Chem . Duques L nf .. Dow Chem rt wi

2 Freept-Sulphur 32%

Gabriel A Gen Electric ..

278 35's 4915 re 149 . 40%, 7 ’

2 92 14

Gimbel Bros Goodrich

Gt Gt North of..

Homestake

Interlake Ir ... Int Harvester

5 YUGOSLAVIA TO TRY. SPENDING-LENDING

BELGRADE, Sept. 30 (U. P.).— The Yugoslav Government has announced a new _spending-lending program designed to stimulate business and cut down the nation’s un-

employment, involving flotation of an internal investment loan for

000,000). The program will cover a wide range of “public works” including press control and land reclamation. The flotation will be semi-obliga-

.| tory, with owners of revenue-pro-

ducing buildings expected to subscribe to the extent of three months’ rent colections, [while limited companies (comparable to incorporated firms in the United States) will be called on to participate in proportion to their size. All civil service employees except those in-the lowest income group also will be expected to subscribe a share of their salaries to the loan,

Incorporations

La-Porte-Bachmann Wpolen Mills, Inc.; LaPorte, change of agent to Fred Sykes, 410 Fox St., LaPor Ben Hur construction Co.. Indianapolis,

. Staley, 1635 Central Ave., Ey Fashion Thimble Shoe Co.. Inc.. Missouri corporation, change of agerit to Fred Hunt, 653 Wabash Ave. Terre Haute. Blecker's Inc.. Ilinols SOI poration i} hange of agent to Ru Roebuck & Co I Shop.

on anes, Blecker Beauty Shops. Inc.,

Illinois cor-

S.. Porason. change of agent to Bertha Ran- «| kin 95: Michigan Ave., = R. Stretf.

d Leader Beauty Shop. South Bend. . Ines Sterett, gsrmefion Corp..

Gran 225 8S.

nl to R. Union Buildin of agent to Bonser, 330 vw. Anderson. Wagon Wheel. Cafe, Inc. ghiange of agent 29 Harry G. hird St... Colum Td Products, Inc., change of agent to F. M. Hughes, Castle. The Ohio and Indiana Stone, Corp.. Sianapbils, change of agent Jaco White, 1 Merchants Bank © hobo principal office address. Merchants Bank Bldg.. Indianapolis, Automobile Tounng Assn., Inc. corporation. admitted to o erate diana, to furnish touring information. etc. Investments, E. .. Indianapolis: « H, same address: 600 ar of $50 par value (preferred) and 400 shares without par value common); "of cor and operate business and properly of corporations, associations, 17% mms, Russell| D. Herring. Wiis Hock By oe. 1007 W. 45th Ave.. Gary: agent, Wallace E. Kosiba, same address: 250 shares of $100 par vaiue: manufacture and sell building terials: Barney Golkowski, Carlin Felter, Wallace E. Ko-

siba Clark County Rural Electric Membership Corp.. Sellersburg, amendment of articles of incorporation. x Rig & Lumber Co., Oklahoma corporation. amendment of articles of in-

corporation The Eli Lilly Credit Indian-

15th St..

Columbus, Hill,

Union,

to 100.000 shares of $5 par ajts, Parznite Wire and Cable Co.. boro. change of agent to rine McDaniel, Joneskoro. The Columbia Paper Co.. Inc., change of address to 11 lumbia St, . Wayne, and change of agent to Roger I. Fisher. same address. Indiana Harbor Hungarian |American Democratic Club, 1Inc., 3418 Block Ave, East Chicago: no capital stock; civic and political; Dennis .Beke, Steve Bukovics, Louis Sandor, Lester Turoci. McCoy Memorial Baptist: Church, Inc, 134 St. Clair St., Elkhart; Arthur I Breib, William M. Burrous, Wayne H. Gardrer, Charles M. Kessler, Ernest C.

Wells Lamont Smith Corp., Chicago, nt. registration of trade mark, ‘Handy Andy,” class 38: clothing. Friday Canning Co orp. oie Richmond, Wis. ; registration of mark, ‘Fri- ,” class 45: foods rag ® ingredients of

Bend,

Va 12 ls

il nt v&

4 Jewel Tea oc...

, [Motor Prod

about seven billion dinars ($161,- u

Cannelton, change of on, change

318

‘New| Castle, New

lllinois In-

Washington N. Sim

apolis, amendment increasing capital stock Vi Jones-

ww’ Co-

NEW YORK STOCKS

By UNITED PRESS

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS . 132.32 40.56 csevesennsenessd 135.10 —2.65 Holiday

Saturday Week Ago Month Ago Year Ago 151.41 -—1.13 High, 1940, 152.80; low, 111.84. High, 1939, 155.92; low, 121.44, 20 RAILROADS 28.40 40.13 29.02 0.57 Holiday 34.85 0.76

Saturday Week Ago Month Ago ........ Year Ago High, 1940, 32.67; ow, 22.14, High, 1939, 35.90; low, 24.14, 15 UTILITIES

sees

21.65 —0.10 22.16 0.21 Holiday 25.05 —0.08 26.45; low, 18.03, 27.10; low, 20.71.

Saturday Week ARO .....icov000000000 Month Ago ..... Year Ago High, 1940, High, 1939,

sesssercncse

Net Last Change 14v, + 59% +

High Low 14% 14% «.. 59% 59 — 47% i 30%: 30% al 421, 421; 287s 287% Ve 231 . 141g 321% . 30 . 351% 8 . 0% 28% il By Monel Ist pf. . 29 Hn 4

Minn cmd Mont Ward “eis

Int P&P pt’ Ya

4% | 4%

Kennecott 30Va

seca

L-O-FP re A irctt

421 28%

23%

14%

Lt DHE DT La eps a ptr ®N @ oe ®

Hh BN ®

Zz iF

oa ®-

ND san o

Ow . Ph pt an “a ——— —-— Boh OBE oh SDA RD Bn

—

=] wis EN DY

no “IB WOT TE

— —— 3

G &

Paramt- Pict Parke Davis Faline Mines ..

Penn RR Phillips Pet Pitts Ss & B .. Pitts & WV ... Port Ric-Am A. Press Stl Car Procter & G .. Pub Serv e...... 3

2 DB 3 gy WO 3]

DDN DH BRA

13 13 13-16 13-16

Radio es Real Silk pf he Reo Mot vtec .. Republic Stl ... Reyn Met Reyn Spring .

Shell Un Oil .. Enider Pkg ... South y South Ry df .. Spicer Mfg: Spiegel Inc Std Brands :... Std Oil NJ ... Studebaker .... Swift & Co

Texas Corp Thermoid Timk-D Ax ....

Union Carb Un Pacific . United Corp . . United Cp pf.. United Drug ... Un Gas Imp..

SHARES RISE IN DULL TRADE

NEW YORK, Sept. 30 (U. P.).— Strength in aviation shares and a few special issues featured an otherwise steady, dull stock market today. Steel shares were slightly irregular, motors slightly easier, and rails, utilities and mercantiles steady. Uncertainties over the war continued to make for caution although selling pressure was absent. Domestic business rose further. Steel operations, near peak, rose 1-10th point to 92.6 per cent of capacity. Car loadings pointed higher. Various sources reported higher SEIploy. ment figures.

‘Grove Promoted

Charles G. Grove of Indianapolis has been promoted by the Pennsylvania Railroad to be chief engineer of the maintenance of way division, Western region, with headquarters at Chicago. He will be succeeded here by Walter R. Parvin of the Philadelphia office.

TRUSSES

wr? 35v7(4 ‘ABDOMINAL HOSIERY BELTS

AMERICAN TRUSS Co.

“Gereral Mills, Inc., TL olis, Minn. registration of trade mark, Big class : foods and ingredieats

i zn Lz

245 MASS. AVE. (WR FAY

High

Vanadium 32 Van Raalte pf..115

Yash Gas i WwW P 10034

Willys ovrld “pf 4 Woodward Iron 2634 Worthington

Yale & T.. Yellow Tr Young Sheet .

- 20% © 33

Wheat futures w

15 to 12 cent

cents. Corn

was 82% up 8 cent higher, changed to up 3 were unchanged.

prices advanced

touched 83 cents, June 13.

I a des corn, No. 2 yellow {white shelled, 67c;

LOCAL

apolis Bond & Shar

sent actual

indicate the appro

{based on buying a of recent transactions. Stocks Agshis Finance Corp com. Belt Stk Yds com. Belt RR & Stk Yds pfd 38. Ind Pow 1%

RR &

Central Hook Drug Inc com Home T&T Ft Wayn Ind Asso Tel Co $ Ind & Mch Ind Gen Serv Ind Hydro Elec Pe Indpls Gas com Indpls P&L com *Indpls P&L 67% *Indpls P&L 62% Indpls Water 57 Lincoln Nat N Ind Pub Serv 5'27 N Ind Pub Serv N Ind Pub Serv 7% Progress Laundry co Pub Serv Co of Ind Pub Serv Co of Ind So Ind G&E 4.8% Union Title Co com Van Camp Milk pf

*Ex-dividend. Bo

American Loan 5s Citizens Ind Tel 4%

Home T&T Ft Wayn

Indpls P&L 3%s 70. Indpls Railway Inc Indpls Water Co 3 Interstate T&T 5's Kokomo Water Work Kuhner Packing Co Morris 5&10 Stores

N N

Ind Pub S Ind Tel 4Ys

Pub Tel Co 4's Z Richmond Water Wk Trac Term Corp

WASHINGTON.

with a y ago:

Receipts .

1,461,015, Gross Def.. 759,80

Pub. Debt. ..44.066.606. 121,212,200. Customs

Clearings

Clearings ........... Debits

Heavy breed hens, 11c; Leghorn hens, hens, 8c; Barred and : ‘other colored h 2 Leghorn

Grade A medium zs:

2, No 1. HE

Wadley Co.).

CHICAGO. Sept. 3 Michigan Elbertas.

Celery—Michigan. toes—California. Illinois, bushel, rado. crates, Mexico, crates, $3.50. crates, $2./[email protected]. nessee, bushel. 90c@ (50-1b. ks):

ish, 521%

PITTSBURGH,

WAGON

Indiangpolis grain elevators are paying for eat, 177c;

No.

price offerings,

e 1% pf 50 6 pfd g

Terre Haute Elec 67% p

Van Camp Milk com.

Ind Assoc Tel Co 32s

5s 57

e FIL veo Expenses £.$2,220, 823,

69,610.

9c;

: springers, springers, 9c: old roosters, 6c. Indiana Grade A large eggs. 24c; Indiana

(Country pickup prices

'Apples—Michigan Mackintosh, bushel. crates lugs. [email protected]. Spinach— 30@ 40c. $1@1.

C! Minnesota vellows, Illinois yellows. 40@ 60c: Towa Sweet SpanColorado Sweet Spanish, $1: Idaho Sweet Spanish,

WESTINGHOUSE ELECTS

Net Low Last Change

—y—

32 115

241,

. 197%

202 15 3312

es FUTURES CONTINUE STRONG

CHICAGO, Sept. 30

UU. P)— ere strong on the

Board of Trade today as prices continued the upsurge of last week. Other grains were steady. At the end of the first hour, wheat

higher. December was unchanged to

14 cent, oats were unchanged to and rye was un-

cent. Soy beans

Commission house buying sent wheat upward at the opening but a more mixed trade developed after

12 to 3% cent. At

the extreme high December wheat

highest price since

WHEAT

subject to market on their merits. Cash shelled, 59c; 2 2 white oats, %1e.

ISSUES

The following quotations by the Indian-

e Corp. do not reprepus merely Ximate ket level

nd ling Abe Bid V2

52. 54 8, 1

Ask

9 56

79 15% 53

Y2 .107

Elec Ten 67 pfd

fd... oid: Life Ins com.

101%

pfd.. ? 1104

pfd.. pfd.... 113% di. -14 pfd 42 7% pid.. 88 pfd ....100 id. ... g

d........ 62 ceneve 10

nds

American Loan 5s 51 46

Yas Crabbs-Reynolds-Tay Home T&T Ft Wayne 5'2s..1

61 1 lor 5s 42

e 6s 43.. 70). 2x

55 67. 2s 66. 53 s 5558.. 4'2s 59..100 5s 50

..100 Muncie Water Works 5s 65.. Nat Silk Hosiery 5s 42 97 erv 33s 69....

5 Pub Serv Co of nd 4s 69..

..100 s bs 57.. 73Y2

U. S. STATEMENT

Sept, 30 ernment expenses and receipts for the current fiscal year through Sept. 27, compared

(U. P.).—Gov~

Last Fear, 624. 00 2, 342, 30. 738. Soa -39 1583 1.833, 926. 522.53 924,975,572.53 3054.95 666,025.85 5.992.08

366.38 984.64

856.5 826.19 934 357 385.91

INDIANAPOLIS CLEARING HOUSE

2,919,000 ,898,

September Total

civenses...$ 80,681,000 196,282,000

LOCAL PRODUCE

12¢; bareback hens, bareback Leghorn White Rock springers, eavy breed springers. 11c; bareba

s. 20c: Small Grade A @30%2c: No. 28@ c:

2, . No. 2, 24c. quoted by the

FOOD PRICES

(J. P.).—Peaches— bushel, $1.15@1. A Toma-

40@65¢.

Cauliower—ColoCarrots—New Lettuce—California. Sweet potatoes—Ten$1.35. Onion market Cc:

$1.05.

Sept. 30 (U. PJ).

TRADE THREATS BY JAPS WORRY SOUTH PACIFIC

Economic Presstire Feared More Than Real War In Dutch Islands.

By PETER EDSON Times Special Writer BATAVIA, Netherlands East Indies, Sept. 30.—The fear that haunts the whole south Pacific, worse than the fear of war, is the spectre of economic pressure and trade penetration from Japan. * The shadow of this menace now falls across the Dutch East Indies, where ‘ the Japanese, practically driven out of East Indian trade since the depression, are now forcing trade missions on the Dutch and ‘in their nice Oriental way, making their demands. First of the delegations to put in an appearance at Batavia was a trade mission. Close on its heels came a committee to survey the oil situation, and in the offing is a delegation “to inspect army and nayy supplies.” Although the Netherlands Indies produce only about 7 per cent of the world’s oil, other world powers are interested in any Japanese activities, so the arrival of the Japanese may also bring to this new capital listeners from the United States and England. What the army and navy mission may seek to accomplish is something in the nature of a mystery. Since the only war supplies the Indies have to sell are raw materials —it may reasonably be asked what|. inspection these commodities need, but that, of course, is the way the Japanese operate when there is a card up the kimono sleeve.

Demands Begin

Japanese pressure on the Indies has, in fact, been put on ever since the war broke out in Europe. There have been demands to abolish the import restrictions. There have been

demands that the Dutch accept a|

trade delegation which would have as its leader a man of ambassadorial rank. Mitsui interests have had private delegations on hand. To suggestions that the Japanese wanted to buy from the Indies, the Dutch have been enthusiastically receptive, but always there have been jokers in the deck—the Japs would buy only if the Government of the Indies would guarantee delivery, and this was taken to mean

that the Japs would be in a position to demand delivery to the extent of |} shutting off delivery to all other

customers. To suggestions for further missions of high rank, the Dutch have politely replied they would be willing to talk only if a definte agenda could be agreed on before the sessions opened.

Japs Want Market

The truth of the matter is the Japs want to sell, yen for yen, just as much as they buy. Java, with its millions of highly concentrated population, offers a market of people with a standard of living about equal to that of the Japs, and therefore good consumers of cheap goods. The Japs now have certain concessions in the Indies, and there are about 25.000 Japanese in the archipelago, fishing, planting cot-

2| ton, taking off lumber. The Dutch,

who have watched these operations, say they cannot possibly be profitable, and that their sole purpose is to provide Japan with bases for further inward expansion. As to whether the Japs might successfully force an occupation of the islands, there is considerable doubt. Formosa is the closest jumping off place. The Japanese Navy, which has played a minor part in

3| the China war, might be anxious for

a show of its own. It has developed aircraft carriers to a high degree, including one carrier for seaplanes. But the coastal waters of the Indies are shallow waters which would hamper fleet offensive operations.

Dutch in Dilemma

Regardless of who wins the European war, it is felt that Japanese expansion in the Indies. even in French Indo - China, would be frowned on by the winner, England or Germany. i And finally, if everything else 8 fails, it is believed the Dutch have a defense plan which includes the wreckage of every valuable asset in the country. Such a plan is known

8! to have been formulated in 1936,

when it was reported that the Japanese fleet was in the Celebes, and the Dutch clamped down a censorship so tight that no news at all leaked out till the report was proved false. If a plan of that kind were carried out today, it would leave to Japan or any e¢ther would-be jconqueror an empty shell. Which proves again that it is the economic penetration of the Japanese which is feared more than actual military occupation.

DAILY PRICE INDEX

NEW YORK, Sept. 30 (U. P.).— Dun & Bradstreet’s daily weighted price index of 30 basic commodities. compiled for United Press (1930-32 average equals 100): Saturday .......iv000000...5 118.28 Week 880 ......rcsse00s..... 116.09 Month 880 ..........es... Holiday Year ago Zenvanansesss 118.60 1940 high (Jan. 2) .......... 123.24 1940 low (Aug. 19) .......... 112.42

cesses

FOLLANSBEE CHANGES

PITTSBURGH, Sept. 30 (U. P.).— Follansbee Steel Corp. officials an-

: TONIGHT 7:00—Radio Theater, WFBM.

7:00—Telephone Hour, WIRE, 7:30—Wendell Willkie, WLS.

7:30—Richard Crooks, WIRE.

Wendell Wwillkie’s speech to the Federation of Republican Women’s Clubs of America will be broadcast from Detroit at 7:30 tonight by WLS and NBC-Blue network. ” 2 ” Franklin D. Roosevelt Jr. with a personal message from his father, Postmaster General Frank C. Walker, Pat O’Brien, Kate Smith, Bob Hope, Rudy Vallee and other celebrities are to broadcast from South Bend this week—“National Knute Rockne Week.” Of course the climax will be the premiere of “Knute Rockne—All American” motion picture Friday. Kate Smith will have six CBS broadcasts—her daily comment program with Ted Collins and the Friday night hour show when she | will. present a dramatization from the Rockne picture. Parkes Johnson and Wally Butterworth will bring their. Vox Pop interview show to South Bend for a Thursday night broadcast from the Oliver Hotel lobby. Mutual will pick up the Notre Dame banquet later in the evening. Mrs. Knute Rockne will be an

ON THE RADIO

Saturday, when Notre Dame plays the College of Pacific, Mutual will broadcast the game with Kate Smith doing a bit of sports announcing, on an opposite network from her regular CBS. 8 82 = A special program in observance of Rosh Hoshanah, Jewish New Year, has been arranged by Columbia for 4:15 p. m. tomorrow... The. holiday begins at sundown Wednes~- '- day, ushering in the Jewish’ year 5701, ’

x 8 =n

Claudette Colbert and- Fred MacMurray are co-starred on the Radio Theater tonight at 8 in “His Girl Friday,” the adaptation( with a switch of character), of the stage . hit, “The Front Page.” . . . Richard Crooks, Metropolitan Opera tenor, ° will return to the Voice of Firestone concert series at 7:30 tonight, WIRE, 2 2. ” en

The opening of the Westminster. . Choir College’s 15th season will be celebrated in a special anniversary

‘concert at 10:30 tonight, NBC. The :

world-famous Westminster Choir, . conducted by Dr. John Finley Wil-. liamson, and four choirs directed by Westminster alumni, will parti=: cipate in the broadcast. Two com-" positions by Westminster graduates

honored guest on this show. = EJ ”

THIS EVENING

are included on the program. ? #2 8 8

(The Indianapolis Times is not responsible for inaccuracies in program ane nouncement caused by station changes after press time.)

CHICAGO

INDIANAPOLIS WFBM 1230 (CBS Net.) .

WIRE ' (NBC-MBS)

INDIANAPOLIS 1400

‘CINCINNATI WLW 700 (NBC-MBS)

WLS-WENR 870 (NBC Net.)

Girl Alone Beautiful Life ° Home Edition O’Neills ~ Dessa Byrd Your Treat ports Easy Aces.

Pleasure Time a C.ampions Inside Sports

Telephone ‘Hour, Telephone Hour Firestone Firestone

20 Waltz Time Hedda Hopper Svncopators :45 News

Amos & Andy Lanny Ross Democrats Republicans

on Howard & Shelton

News - Rex Maupin

Beautiful Life - Lone Journey Jack ‘Armstrong - : News

Norman Ross Norman Ross Thunder over Par. Treasure Melodies

Li'l Abner Ireene Wicker Bud Barton Tom ix

Better | Business - Radio Magic

‘Travel Time

Lowell Thomas Pleasure Time

Burns & Allen

Telephone Hour . Telephone Hour Firestone Firestone

I Love a Mystery I Love a Mvstery Wendell Willkie Wendell Willkie

Radio Theater Radio Theater Radio Theater’ Radio Theater

Dr. I. Q. Dr. 1. Q Showboat Showboat

Political Talk Bob Strong Concert Miniature Concert Miniature

Dr. I. Q. Dr. I. Q.. Renfro Valley Renfro Valley _

Guy Lombardo Guy Lombardo Blondie Blondie

Contented

Burns & Allen

Story-Dramas Tonv Pastor Reading Adventure Reading Adventure

Contented Hour Contented Hour Political Talk Jack Fulton

Wi 0 News ’ :15 Ringk

Dick Reed Republicans Baseball Woody Herman

esters 45 Ray Herbeck

11:00 ) Elevenairs 5 Elevenairs :30 Elevenairs

a8 Elevenairs Dich Shelton

INDIANAPOLIS WFBM 1230

(CBS Net.) (NBC-MBS)

Music You Want

10 O'Clock Final 10 O'Clock Final 10 O'Clock Final ° 10 O'Clock Final

Globe Trotter Johnny Long Millender’s Or. - Millender's Or.

Peter Grant W. H. Hessler Dance Mus Dance Musi

Clyde McCoy

Moon River

TUESDAY PROGRAMS

INDIANAPOLIS WIRE 1400

CINCINNATI 700

INDIANAPOLIS 1050 WL (NBC-MBS)

WIBC

6:30 Early Birds 6:45 Early Birds 7:00 Early 7:15 Earlv y Early News

Airplane Trip Airplane Trip Mrs. Farrell Mrs. Farrell

Kathleen Norris Myrt Marg Hillton House Stepmother z

Mary Lee Taylor Martha Webster Big Sister Aunt Jenny

:00 Kate Smith Girl Marries 0 Helen Trent 5 Gal Sunday

:15 10 Ir Freddie Miller Mx Circle 1

Dawn Patrol Market Report

European News Dawn Patrol Rasonologv

ews Breakfast Club Breakfast Club

Kathleen Norris Ellen Randolph Guiding Light

Man I Married

Road of Life David Harum

ora [herd | ined reD | ia SUS | DNS [no NnS

Singin’ Sam Glen Darwin Linda

Market S. Farm Hands Reporter Dick Reed

Palmer House U. S. Reports Francis- Craig Betty & Bob

3) rm. Circle

Dr. Malone Joyce Jordan Pletcher Wiley My Son & 1

3 0 :00 Society Girl is Fhiisiian Science 4 :0 :3 4

Mary Marlin | Maw Perkins Pepper Young

_2:45 Friend i > 1 Deed Vic & Sade

0 Men & Books - Kitty Keene 0 Airplane Trip 5 » Airplane Trip

00 1 Hits & Bits :15 Hits & Bits :30 Exploring Music :45 Exploring Music

3 4 4 3 4 1 :15

Stella Dallas Lorenzo Jones

Girl Alone Beautiful Life] Home Edi tibry O’Nei

EXPECT BIGGER GAS TAX BILL THIS YEAR ™

NEW YORK, Sept. 30 (U. Ph American motorists are being billed this year with the greatest amount of gasoline taxes in history, the American Petroleum Indusities Committee said today. The nation's total gasoline lox bill for 1940 will approximate $1,162,000,000, the biggest revenues from that source on record and about $130,000,000 more than was collected in 1939, the committee estimated. The chief factor in the increase in the 1940 tax bill, the committee said, is the advance in the Federal gasoline tax to 11% cents per gallon.

NO SHORTAGE OF STEEL FORESEEN

CLEVELAND, Sept. 30 (U. P)).— Heavy defense orders continue. to feature steel markets, but the | expanding requirements of the railroads and the automotive industry are important factors in sustaining total demand and production, the magazine Steel said today. The trade journal said that producers do not share the fears of some buyers that armament steel needs will lead to a shortage of material, or at least to serious delivery delays, but maintain that capacity is sufficient to meet orderly buying. However, it said, consumers in some cases are anticipating their feeds further ahead. Railroads according to the magazine, placed more freight cars last week than in any entire month so far this year and several large rail orders are in early prospect. The

rapid expansion in automobile pro-

duction, it said, has had a stimulating effect on steel consumption.

FOREIGN EXCHANGE

NEW YORK Sept. 30 (U. P.).—Following are noon cable rates oe jaajor currencies: pe Bates Net She. (pound) .... 8 Sots oTlar) 36 s

England Canada “ Italy (lir Finland Re arkkal Switzerland (franc) ... Sweden (krona) Japan (ven) ....

Homemakers Hour Homemakers Hour

Houseboat Hannah

Against, the Storm

s Lov Editor’ A s Daughter Ss. Weather

Backstage Wife

Widder Brow, n

Unannounced Unannounced

Tue to Shine

LA County Boone’ County

Miss Julia

Devotional Organlogue

Breakfast Jam - Breakfast Jam Breakfast Jam - Breakfast Jam

News Bright Spot Band Wagon Devotional

Community Hall Community Fund Charm House Organ Moods

Friendly House Friendly House Public Schools Parade of Bands

Dna Rhvthms

Linda's Love

Houseboat Hannah Kathleen Norris: Ellen Randolph Unannounced

Man I Married Against Storm Road of Life aq Arthur “Chandler Jr,

‘Guilding ; Light O'Neills Farm Hour Farm Hour

Farm Hour Dreamers’ Songs Editor’s Daughter | Little White House

Tizht of World: [ Grimm’s Daughter | Valiant Lady T

Church Hymns Mary Marlin

Boy Greets Girl

Melody Farm Melody Farm Sunshine Melodies Sunshine Melodies

Matinee Musicale Matinee Musicale Preview Preview

| Novatim Honoiune Serenade Concert Hour Concert Hour

Buv Indianapolis Buv Indianapolis ‘Request Time Request Time -

Jamboree Jamboree -| Jamboree Jamboree

Jic & Sade

Backstage Wife Stella Dallas Painte ame Elizabeth “Bemis

Beautiful Life Lone Journey fact Armstrong ew

KEY Toe STATIONS (Subject to Change): MUTUAL—WOR, 710; WHK, 1390; WHKC, ‘640; CKLW, 1030; WSM, 850, NBC-BLUE—WJZ, 760; WOWO, 1160 WLS- WENR, 870; KWK, 1350. NBC-RED—WEAF, 660; WTAM,|1070; WWJ, 920; WMAQ,. 670. CBS—WABC, 860; WJR, 750; Te 820; KMOX, 1090; WBBM, mn.

'3 PLANTS STARTED

BY WESTINGHOUSE

BALTIMORE, Sept. 30 (1. P)— The Westinghouse Electric & Manu facturing Co. today reported com= pletion of the first of ‘three buildings which will double the com=pany’s production facilities for spe= cial Army and Navy radio equip-. ment. The new building will provide: 34,000 square-feet of additional space and will provide employment for about 300 persons, according te George H. Parkman, construction. engineer for the company. Two. additional two-story brick. and steel buildings are scheduled for completion here before Nov. 15, adding another 35,000 feet of manufacturing laboratory and‘office space. Upon completion of the building program, the company’s radio division will have 135,000 square feet: of manufacturing space and 33,000 = feet of office Space,

Lsineiin i) G Change in

—A. H. Cunningham has been elected assistant treasurer of the Westinghouse Electric & Manufacturing Co., it was announced here

nounced today that because of national defense requirements the excess capacity of the firm’s Toronto, O., plant will be adapted for

Mexico (peso)

treasurer.

today by L. W.

Lyons, company

the production of carbon steel and

alioy steel forgings.

inadequate.

YOUR

If your Will has not been made consult your attorney and have it drawn today. If it was drafted years ago it may be entirely Bring it up to date and name this experienced Trust Company as your Executor and Trustee.

THE UNION TRUST COMPANY

Capital & Surplus $3,000,000.00 Member Federal Deposit Insurance Corporation

WILL

ON THE MARCH! Tune In Every Night

GLENN W. FUNK WFBM WIRE 6:50 P.M 8:25 Tuesday 9:45 5:55 Wednesday 9:45 8:25

Marion County Republican Central Committee

247 N. Penn. St. MA-2531

Monday

(Paid Political Adv.) 5

-% Bell Symph

NBC RED

* James Melton, Tenor % Francia White, Soprano % Donald Voorhees and the

onic Orchestra

and Chorus Monday Aeghts |

WIRE anp

NETWORK. ..

INDIANA BELL TELEPHONE COMPANY