Indianapolis Times, Indianapolis, Marion County, 8 October 1940 — Page 9

ISDAY, OCT. 8, 1940 THE INDIANAPOLIS TIMES |

BUSINE Q Q a s Lack Sopurity GREAT LIES | |

PAGE 9 THE RADIO

broadcasts over WENR at 8 toBill Slater wil be emcee.

TONIGHT 5:15—Robert M. Hutchins, WFBM, Dight:

7:30—Information, Please, WLS. { Fred RM Fiblur Meer, WIRE, ons Ba: es tne Sa on | Diis—-Dratt Program, WFBM. Broadway 11 years ago with .a staff fe. Willkie, WILE: of one. Now there are 80 persons

| Wendell Willkie's speech tonight on his payroll. 3 be carried : es at hs Fred has five commercial broad-

Soo Locks Carry Greater » m casts a week and runs a music pubProblems facing college students

20th Century Fund Warns 1918 Housing ‘Shortage Is Again Facing the Nation

By ROGER BUDROW

a THE DANGERS ARISING FROM HOUSING SHORTAGES which hampered this country in 1917-1918 are confronting our defense program today, according to the ; ‘Twentieth Century Fund. ; What are these dangers? “During the last war sharp rental increases created serious problems of labor turnover : and gave a strong imoetus to wage demands,” the organization said. “This factor was present in the first shipyard strike of the current crisis and it will undoubtedly appear ‘again. High rent, no less than neglect and disrepair, may

effectively remove houses from the market.”

So the Fund suggests that older structures be repaired and modern- | PORKER PRI 0 E S ARE UNGHANGED

ized, vacant rooms be registered and local Top Here Remains at $6.45; Total of 9836 Hogs Received. =

tr an s portation systems be extended to outlying communities Prices paid for hogs at Indianir Reduc apolis stockyards today were Un- ; Allegh Cor x changed from those paid yesterday, Am Bink Note.

and improved. But the F. W. Dodge Corp. declares that “genthe Agricultural Marketing Service ram gan reported. 13 The top quotation remained $6.45, | im paid for good and choice 230 to 240-2

eral business unpound hogs. Vealers also were un- 4 m Type F

zertainties” must be removed bechanged from yesterday's close with | 4 Water a top at $11.50. Anaconda

fore the con- : Atlas Corp pf... The Marketing Service reported)

REE —————

» o »

lishing house. There are 26 in ae 7 Waring band—the chorus is addiTonnage Than Suez 1 tional. They get as many as 30 Or Panama |under the draft act are to be dis-|gifferent specialty combinations out filo | cussed by several leading educators of all th By WILLIAN A. BAKER JR. jand draft officials at 9:15 tonight, * Explaini 8 why his band doesn’t Times Special Writer |WFBM. . . . President Robert M. make phonograph records now, : Hutchins will mark | the official | Fred says “Our professional life is SAULT STE. MARIE, Mich. Oct. opening of the University of Chi- longer without records. We haven't 8.—The Soo locks are a vital link cago’s 50th anniversary celebration fécorded since 1932 2d oS in America's shipping life-line on in a special broadcast at 5:15 to- Bik wll a Zo 22 be used the Great Lakes. .° | night, Wray. ht i Louis Bromfield, | Co ously on radio and coin ‘author of “Nig n Bombay,” an t They i oe Hore del Jan Struther, English writer, willl jach ney JR Sofpention with our onnage than the Suez Canal, 2l- pe on Information, Please at 7:30] : i most twice the tonnage of the tonight, WLS. | The entire Waring troupe aban I | : |dons work from Friday night to Panama Canal. = no" . Monday morning and spends many They are on the border of | ja Uncle Jim's Question Bee will|a week-end at Fred's summer home

belligerent country — Canada — ahd | open a series of Weekly half- hour in ‘Shawnee-on-Delaware, lie on the flank of the industrigl- dE . 8 = THIS EVENING

ized peninsula of Ontario, the most | likely objective of any bomber that (The Indianapolis Times 1s not responsible for inaccuracies in program an- | nouncement caused by station changes after press time.)

may reach Canada. Disruption of shipping thtough INDIANAPOLIS WFBM 1230 (CBS Net.)

the Soo locks would seriously handicap defense industries in the ~R T United States’ vital triangle—the| Hite and Bits - | Beautiail ® ite area bounded by New York, De- Seafood Shines Home, Biron troit, Chicago, and Kansas City. | oe 2 5 a

Des Robt, M Mutchins | ‘Sports Svncopators | New News

Amos and Andv Lannv Ross Second Husband Second Husband

Missing Heirs Missing Heirs First Nighter | First Nighter

) We. the People We. the People Professor Quiz 5 Professor Quiz

The S Soo locks . . . They carry more L tonnage than either the Suez or Panama canals,

NEW YORK S1 'OCKS

By UNITED PRESS

| DOW-JONES STOCK AVERAGES 30 INDUSTRIALS {wea oi Ind 39 swift & Co vn

CHICAGO WLS-WENR, 870 (NBC Net.)

Norman Ross Norman Ross Paul Martin Over Paradise

Set Sail Ireene Wicker Bud Barton Tom Mix

Easy Aces Lost Persons

ews The Westerners

Ben Bernie | Ben Bernie Information, Please Information, Please

Question Bee Question Bee

oncert Pontical Talk

Story- ry-Dramas Vaughn Munroe Concert Music Concert Music

10 O'Clock Final

INDIANAPOLIS WIRE "1400 (NBC-MBS):

Girl Alone

CRCINNATI W_ 700 (NBC-MBS)

Beautiful Life Lone Journey Jack Armstrong News

Shooting Thrills Baker and Denton Don Winslow Lowell Thomas

Fred Waring Football Forecast William Stoess H.V, Kaltenborn

Johnny Presents Johnnv Presents Horace Heidt Horace Heidt

Battle of Sexes Battle of Sexes Fibber McGee Fibber McGee Bob Hope Boh Hope Doghouse Doghouse

Peter Gra Gardner A nediv Manny Prager Manny Prager

Clyde Clyde Moon Moon

S| owe

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st Change %

High Low —A—

High 247% 20% a 343% 41a

Low 243, 8

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Quinton. 25 | Pleasure Time

Roger Budrow Elaborate and costly defenses are

being erected at the Panama Carnal, yet no specific provision for defense | | against air assault was included ni recent improvements at the Sanlt] Ste. Marie . municipal .airport Neither have there been defense | Imeasures at Fort Brady, U. |S.| z regular army post which provides | 5 the protective guard for the! * | American canal. Some of Fort Brady's guns nave | § incidentally been converted into | i® lanti-aircraft. weapons by motor's ized equipment permitting them | to be swung at an angle of | 70 \ rdegrees, | New material “includes weagon ‘and ammunition carriers for [16 heavy machine guns, two > ls | West Air Bke . caliber anti-tank machine guns!

1 | Yesterday 1s | Week ago Month age "ng Year ago . : 14 | High, 1940, 152.80; low, 111.84. Thomp Star .. 1's . High, 1939, 155.92: low, 121.44, Anoma, star pt 300s

20 RAILROADS | Timk-D, a2 air S20

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x i Vy can Texas Corp

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Inside g arts

| Johnny Presents | Johnnv Presents Horace Heidt Horace Heidt

| Battle of Sexes | Battle of Sexes Fibber McGee

Fiber McGee :00 Glenn Miller

| Bob Hope 5 Draft Program i Bob 0 Ideas in Rhythm | Wendel "Willkie 5 Melody Moments | Wendell Willkie

00 New :15 Al Kavelin :30 Sports Roundup 5 Teddy Powell

14 :00 Elevenairs 39 Elevenairs 4

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10 O'Clock Final

Music You Want Globe Trotter Music You Want -|Jan Savitt Music You Want | Unannounced Art Kassel Unannounced

7 WEDNESDAY PROGRAMS INDIANAPOLIS INDIANAPOLIS WIRE 1400 cas" Net 0 an

Birds | Dawn Pa Birds | Market Reports

Birds European News Birds awn Patrol Biras Basonolcgv { News

THE KOPPERS CO., a big Eastern coal and coke company, showed a movie at the Coal and Stoker « Institute last night at Hotel Severin. It was meant for coal dealers and heating| superintendents but the] film, in |a more popularized version, would teach ordinary home owners, |B Ste them atl places like the Indianapolis| —— f a) San. Home Show. Jon b Ree Oct, To) Refs | Bohn Al & Br. Last night's movie, which con- . : 12,427 | Dh a | : tlensed (into a few minttes what, a 9836 | Bork- Warner. 1 187s Fat Hn goes on [in a furnace during a whole i Bho so! Belvas RE Sis Nat : hour, demonstrated that a home- 6.15- 6.35| Bullard ev | 3134 31% Nat or | Wonrrano 4 and two 81 mm. trénch mortars. owner can, by using a low draft in- : h stead of|a high draft, use 10 per cent

struction indus‘several [lessons about firing a furnace. In fact, the company is think- 2169 . salable cattle were shipped Bald Loco ct. Ww 5 pt Bits 3 : t 34! 3 1 6.10; 6.25 Bush ‘Teym {Not 3 peeves oP > c Ta Chief dependence for defense! ery lagainst air attack rests on Selfless stoker coal, get heat more » guickly, [cause less smoke and have

expect a genuine revival. ing aboyt making some colored mov- here today, 600 calves, 9836 hogs, onan Ava 79° 91, pf 12334 123%, 24 24 27% 241, 241, z 197, ( | Nat Dept St lB, ; aio {White M . ‘ridge Field at Mt. Clemens, Mich, fewer ashes.

18.03. 20.51. “TTA Last

26.45;

low, low, 0 Elevenairs te He 5 Elevenairs Change Va West Auto Sup.

Low v — 263% 263 263 wh 1% Aviation| ... 21%, 3 : —-_ 3 Biscuit |... 3 Cash Ra

INDIANAPOLIS CINCINNATI WIBC 1050 WLW _ 1700

(NBC-MBS)

Early Early

Earlv

Devotional Organlogue

Breafast Jam Breafast Jam Breafast Jam Breafast Jam

News Bright Snot May Robson Devotional

Community Hall Music Magic Charm House Organ Moods

Friendlv House Friendlv House Public Schools Top Tunes

| Noondav Rhythms Bill Jone | Off a Record. Bov Greets Girl

Melody Farm Melody Farm Sunshine Melodies Sunshine Melodies

Matinee Musicale Harlin BrqQthers Preview Preview

Democrats Marv Galbraith Concert Hour Concert Hour

Buv Indianapolis Buy Indianapolis Request Time Request Time

Jambores Jamboree

5.80. 6.00 5.75 pi gan Paciho

Nn aker board

Time to Shine Ne

iam

2 2 =» Ind na ies for just that purpose and show and 3123 sheep. 1 1s | Willys ovrind.. :2 ‘an hour and a half from the locks |

4 Willys Ovrindp! 43% by fast plane.

12 Woodward Iron. ¢ 2 La 14 Woolworth 3 i . k 18 jt | Worthington LL 201% 2 s| Wright Aero ...103 103 Hudson Bay, from which an atf=Ye tack might be made in summer y,| from an airplane carrier, is two ours away by air. wo] It is true there are several air-. Ege {planes at Sault Ste. Marie—but ‘they are used for combatting -for- | est fires’ and are not fighting

: STOCKS TURN LOWER =. L AS VOLUME PICKS UP." 2 2 |

si e the St. PR | NEW YORK, Oct. 8 (U. PJ). ees A are four on the yf Stocks turned lower in afternoon! American side. The river is half 7 trading today.. Volume picked up 2, mile wide. A considerable part | slightly. bs

of the tonnage through these locks| tern steel mills. Steel shares were easier after Th jton ore for eas : rise. U. S. Steel sold at 53, off 2

| Tonnage this year "is expecied 8 o | net and off nearly a point from the| 95% 8 new ne is expected to] 13 day’s high. American Smelting fell al ociaplich an air base with facili- | vs! point to 41. Fractional losses were ties for winter training at a point |- inoted in leading motors, oils, mer1 5 Conary 1, cantile issues and rails. Utilities held

‘nearer the locks than Selfridge | Savage Arms .. % [42% 7 %iohout steady. Douglas Afrcrafs was Dicid. Because of less variable) Schulte pf } la firm.

; temperature, the upper peninsula | - Sears Roshugle: ! 8 3 1 In : 4 General Motors was sustained by

'is regarded as more suitable than | |its sales report for September, which

lower Michigan, even aside from | 435 Seattergood Jamboree | set a new high since 1929. There was! the consideration of proximity. .' nothing in domestic business news

Gai 7 neronaationl de | KEY NETWORK STATIONS (Subject to Change): 14 ‘to affect the. market adversely.

velopment at the Soo contend that | |MUTUAL—WOR, 710; WHK 1390; WHKC, 640; CKLW, 1030; WSM, 850. : NBC-BLUE—WJZ, 60: WOV 's Traders were more cautious because because of its defense value, the 7 OWO, 1160 WLS-WENR, 870; KWK, 1350. 2 of increasing Far Eastern tension. 15

Sault Ste. Marie should receive | NEC-RFD-.WEAF, 660; WTAM. 1070; WWJ. 920; WMAQ, 670, : “| BUSINESS AT A GLANCE | WH GORN SELL J S00 360 lbs., $5.85@ 6.10; 360- 450 Be: $5.50@ |

{Federal funds now, although He BS—WABC, 860; WJR, 750; WHAS, 820; KMOX, 1090; WBBM, 770. {Interlak ; prep SLIGHTLY HIGHER Dattte— Receipts, 8500; calves — 1000: nt BAP 121 National Coal Association reports

eral participation is ord . So ; } PLANS BIG Arron supply Il finished Int Ear 131 p we nishe teers d n oe | liberal but demand broad A yeapings he

| fields, and Sault Ste. Marie is ine from mt TQ 3 30° 30% n [week ended Sept. 28 bituminous coal generally steady on all strictly good and’ los ROCHESTER, N. Y., Oct. 8 (U,

5 Celanese pr pf 11 507 3.15 Ches & Ohio. 3% Slaughter Pigs {Chi Pneu Tr.) 3 112 ’ 90- 120.. 4.50- Bond {Cleve Graph Br 3 34° all & Vealers (Receipts, 2169) | Climax Moly Co 28° 1 . - Bu Me Colum Gas . 8% Hos Elev ] 5 3 + tor Teel 75! Yearlinge: excluded) jSomulin aston 30°! . al TY Good oy q 45 [Go oil : 6 8 1

ews Boone County Boone County

Miss Julia Goldbergs Kittv Keene Linda's Love Houseboat Hannah Kathleen Norris Ellen Rando'nh Unannounced

: Man 1 Married

Slaughter Cattle

” 2 2 * YOU'VE READ ABOUT Britishers ‘gelling the stock they owned in American companies in order to get U. S. dollars to buy war supplies.

J Breakfast Club 34's

Breakfast Club | Breakfast Club

| Houseboat Hannah

hd . 344 i ane Fe 15 15

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WD | wD WD | BOD | Bw SOND | MRIS | NDS

Bes Club

75 Mrs. Farrell Kathleen Norris Mvrt and Marge Si epmaines Song Shop

Short Storv Martha Webster Big Sister Aunt Jennv

"Kate Smith Girl Marries Helen Trent Gal Sunday

| Freddie Miller N

Farm Circle Farm Circle

1:00 Dr. Malone: :15 Joyce Jordan 30 Fletcher Wiley 145 Mv Son and

0 Mary McBride

{

1300-1500. 12. Zenith Rad .... | Good— M But the| Commerce Department re- 350. 900 . 1 : a {Coty Inter ! : 0-1100. 10.00; 4.75- 5.50 | GOLY Tat 1 . vealed today that refugee money 1,300: 1300. . | Crane Comet Ba from non-belligerent countries 1300-1500

Medium-- Crown Zeller .. 15'; (Switzerland, for instance) more

“8! Pac Am Fish... 1 } : reuer Pac Coast 2 pf 7 cee Pac G ! 9 Ys} Pan Am Airway 5 6 sda v -,. | Park Utah . 17 ! Ya pathe Film | | Patino” Mines **;,! Penn RR ‘2 Pere Mat of | Pere Mat pr

{ Guiding Light

{Man 1 Married | Against Storm | Road of Life { David Harum

be . 10.00:11.50 Grown Zeller pf 87 750-1100 . Happiness

Guiding Light O'Neills

| Singir 3am | Southerriaires | Homemaker's Hour { Homemaker’ s Hour

Ma Markets, "Weather

| News | Farm Hour

Farm Hour Julia Blake Editor's Daughter Your Treat

Light of the World Grimm’s_Daugbter Valiant Ladv Betty Crocker

Mary Marlin Maw Perkins Pepper Young Vic and Sade

Backstage Wife Stella Dallas Painted Dreams Elizabeth Bemis

Beautiful Life ne Journev Jack Armstrong

19%: Em 3374 36

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Dick Re:>d

Your Treat Linda’s Love Editor's Daughter Betty ard Bob

Mary Marlin Maw Perkins Pepper ‘Young Viv and Sade

| Backstage Wife Stella Dallas Lorenzo (Jones Widder Brown

| Girl Alone i Beautifu| Life | Home Edition 'Neills

Sp ED pT » N°

| Rayonier 4 Rem Rand Re v

'Flintkote :45 School of Air

:00 Portia Blake 15 Kittv Keene 150 Hilltop House :45 Airplane Trip

Am Tr .. Cable pf .. Cigar pf .. Eiectric Foods Motors ... Pr Ink ... Pub Sv Rv Sig

Stl 7.50 Gillette S GR I! | Joonyear Gotham Hos .., -+ 2.75 350 Gt Nor Ore ... ces 2.00- 2.75 Grevhound Cp.

CHICAGO LIVESTOCK,

| +1 Hogs—Receipts, 16,000: market opened | Hecker slow; later trade moderately active; 5@ | Herc Mot 15¢ lower; mostly 5a@10c off; top, $6. 50 | Hershey . | sparingly: bulk good and choice 210-270 Homesfake “a Ibs., [email protected]; most 270-330 lbs. qiioted Houd-Her A “es '$6. 40; heavier weights S0WS

Rom Antel |...

1 os 155 1

700d — 500 down 50 Medium— 500 down SHEEP AND LAMBS (Receipts, Good and choice Median and good Commo

4.503.50-

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Ewes (wooled) Good and choice Common and medium

—

THLELELLL

Soconv-Vacuum |So Cal Ed South Pac {South Rv ve South Ry pf... | Shire Corp

4 i ro

‘Common and Crucible pf than offset the money England took, 1100-1300 meiam 100]: 00 Cub back home. Europe's financial stake 750-1100. 6.25- 7.75] “5 Gurtis Pub ce in U. S. at the end of last year a Steers, Heifers eel ais og Wr | Beiter Brew Lo ul ; ; nearly seven billion dollars, 700 mil- ¢halce Cho ! Phillips Pet |... 36 | | 36 3 Sh lion i e than at the outbreak of | Good 730; }1.00-12.90 | 5.00 600, LH): Deere & Lo. [Plymouth Oil. 1674 | ih ? the Wo 1d War. 500- 750. 9.75-11.00 Ga0d-2 2. aton Miz .... | Press St} Cop. # in .8 io Heifers 1300-1050 3 Elec Auto-L. 5 ° 2 {Eroner & Gd. t 9. i ODDS AND ENDS: For each old 50-500. 1100-11750” 7.25. 82s Eee Bur aL wl ob 5 3 Pure. Oil ) freight car that is scrapped, rail-| 900-1100. 10.00- 11.00, Sool — a5. 7.25 | Ex-ceil-o 8 4 : | roads must, now buy a. new one be- | 2 Mi 1.75-10. 00! God nd {ateers) 47 cause they've junked about 100.000 IN HCO i 300 down ~ 9.00-11.00 * the last few years and are down to| "" 50- 7. 75 Medium — on] tis. 1,500,000 A silk embargo would Good 3.25-10.00 }b 3 Japan a She sells 108 mil- orrternd (heifers) | Gen lions of products to U. S. a year, two common, 7.25- 8.25 Gen thirds in silk, to buy cotton, copper, * 7.504 1.78 jen petroleum, machinery. . . . Deposits Z)2hy jan _ have gone up two billion dollars in the 10 biggest New York City banks since the war started, almost half of which lies idle. . .. Major bread bak-/ ing firms (which bought four to six months’ supply of flour at recent | low prices) are expected to do pretty

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—

Aliens Active

Potential political enemies in t -egion ‘are not inactive. Within 25 — of the Soo, Communists teceived training until recently in a public school. Pupils of a certain | public school about 250 miles away Isang Communist songs until their teacher was discharged a short ‘while ago. In a number of Michigan cities, eeds. rifle clubs composed of German | “The new addition will increase Bundists are known to exist as optical equipment manufacturing!@ affiliates of reputable sportsmen’s facilities 50 per cent, officials of the EI ele organizations. Under present 1aws|company said. Ali neither state nor federal authori-| The company is undertaking to : ties may do more than keep Com- manufacture the equipment at the munists and Bundists under sur- | request of the Government although

guaranteeing certain quality prin Poor's says prospects for meat, ps ckers are good despite highwhat with large cattle and

CHICAGO, Oct. 8 (U. P) —Wheat |, futures rallied from fractionally lower opening levels on the Board lof Trade today to show small net gains. Other grains were narrowly (irregular. At the end of an hour w heat was Lup 1% to 3 cent, Oct. 82%. Cornj was unchanged to up 's oat, oats and rye unchanged to 11 cent lower, and soy beans off 14 to up 4 ¢ent.

{terminus of a service troit. 8 output about 10,150,000 net tons vs. ad Drie ofiitage Mihi Soares Johns-Mans 275,000 previous week and 10,210,-! P.)—Eastman Kodak Co. announced today that construction wil! start

aes Ri fe i nis medium to good [000 year ir F Bari op, 3.75; some held Kenneeot merican or 0 ; it{ 3 HA ate eign Payer Co, this month on a large addition to its Hawk-Eye Works here: for the

higher; loads $13.7 PTE 30r ane Liberal Inc.,, and stibsidiaries June quarter manufacture of optical equipment

, . Japan can’t but England supply’ $12413.50; best - jong yearlings net profit [$1,299,199 equal to $1.60 i» order to meet national defense

J scrap steel from U. S. be-, cause of the embargo, but with the old beams, columns, stoves, bathtubs, pipe and even streefcar rails doesn’t London, like the old Western

steady but common and mediu r Leh Val weak: cows, $104aw15¢ lower: rv ade ing at $5 down; bulls, strong to 10c higher: Doar: “aicage bulls to $7: vealers' soc Liev Mell 3 selects to $12 a 188 Vv... 4d ¢ H PI and firm. $12; feeder cattle active |Ligg & MVB. . , yy oad eep—Receipts, 4000; | Loe 2 2 : y France after the World lambs opened active, TA8y 2 Soe tut Lott, ‘war, have plenty of old steel and DUR 20d 19 hoe Jative and Westerns, | one Star y Sg : decks iron? Consolidated Aircraft price; yearlings fully as out "$075 | Marshal ld Corp. ehgineers out in San Diego, | «38. | Martin (Glenn). Cal., got an idea from the gun tur- May Bt gi pt’ ta

rets in |the tails of large bombers. Soon met

$13.25; heifer vearings to $12: heifers Lee Rub * on $7 preferred and $1.37 on $6 pre- > ferred vs. | $1,065,055 or $1.31 and #1 $1.12, respectively, vear ago. 4 Columbia Broadcasting System _2/ September | time sales $3,108,448, up Ys 21.3 per cent from year ago: nine | months sales $29,512,875, up 22.1 per 2) cent from year ago: American Power & Light Co. Aug. quatter net income $2,518,621 equal

i market for ERTS Ie : Furniture Store sefls.

CHICAGO GRAIN

Opening prices today on the Chicago Board of Trade, as reported by Thomson & Meginnon, were:

‘Cem.

OTHER LIVESTOCK

Mueller Br

They are planning to use the space | for. a transparent plastic-enclosed observation platform in airliners.

BRAZIL BANK JOINS EDERAL RESERVE

» 8.—The Brazil 0. of Brazil, Ind., is a new in the Federal Reserve

CINCINNATI, Oct. (U —_ Saiabie, 4000; total, 8400; ye How ge vil top, $6.50: 250-300 lbs., $6.35: 100- 104 1bs., $4. [email protected]¢ good packing Sows, $5/@5. 50. | Cattle -—- 500; ca fen 300; ste ady; few Se and he eifers, @9.50: best around | 700-1b. heifers, $9. 75% gp. canner steers | and heifers below $5; dairy bred cutter | 25.

| cows, [email protected] Sheep—800: active, steady: good la $919.50; common and medium, sag. Ani 9 od x: 4 0. lbs. $6.25; 200-2 230° i $6. 5: 180-200 lbs.. $5.95: 160-180 1bs., $5; os: 240-260 lbs., $6. 15; 260-280 lbs., $6. 10; 300- -325 lbs., $5: 325- 350 3a0-

300 lbs., $6.05; $5.95: 350-400 Ibs : 150-160 os $5.35; | 130-140 Ibs., 85; 120- |

| 140-150 1bs., $5.10: {130 lbs., $4.60: 100-120 1bs., $4. an roughs

System. | $5; stags, $3.75. Calves, $12. T. Harry D. Falls is president of the _ LAFAYETTE, Oct. 8 (U. P, ga #, 1

160-200 Ibs. $5.5 ohn M. Rawley, first vice $6.10116.40; 280-335 Tbs Ss: 00-200, presider t; Don P. Carpenter, execu- $5.35 down Joughs. $6 down. Calves, tive vide presidert, secretary and | ambs, $849. trust officer; William Siegelin, ascistant [secretary; Myron L. Ringo, LOCAL ISSUES cashier] Warn E. Decker, assistant| The following quotations by the Indiancashier| and Lessie Vickers, assist-| 2polis Bord & 8 are C. of offerings CT indicate the approximate market eid

based on buving and. sellin uotations of recent transactions. 2.39 at 5,

ELECTED DIRECTOR Stocks McKEESPORT, Pa., Oct. 8 (U. PY. Finance Corp com..... Walter J. Curley of Pittsburgh, | Belt RR & Sik Sas ord 5s | 22 president of Pennsylvaia- -Conley | {Friral, Ind Fow iv prd HE 1 Tank Car Co, has been elected a fom TT A wirne izecto} o the McKeesport Tin! nda wn Mel Lo $8p Plate .

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thd Gen Serv 67.pfd Ind Hydro Elec 7% Indpls Gas com

*Indpls P&L, 67 pfd *Indpls P&L 6!%°, Indpls Water 5% pfd | Lincoln Nat Life Inc com N Ind Pub Serv 51,7, pe N Ind Pub Serv 6 pd N- Ind Pub Serv 77, pfd . Progress Laundry com . Pub Serv Co of Ind 67, pfd Pub Serv Co of Ind 77; nid : So Ind G& 4.87, pid Terre Haute lec 6°, pid.. Union Title Co com Van Camp Milk pfd Van Camp Milk com *Ex-dividend.

Assure your

| American Loan 5s 2 American Loan 5s Citizens Ind Tel ves Si’ . Crabbs-Reynolds-Taylor 5s 42°. Home T&T Ft Wayne 512s ... Home T&T Ft Wayne 6s 43. Ind Assoc Tel Co 312s 0 Indpls P&L 314s 70. Indpls Railway 5s 67 Indpls Water Co 3'2s 66 Interstate T&T 5'2s 53 Kokomo Water Works 5s 58.. Kuhner Packing Co 4's 59...100 Morris’ 5&10 Stores 5s 50....100 Muncie Water Works 58 65... Nat Silk Hosiery 5s 42 97 N Ind Pub Serv Sous 69 N Ind Tel 4': Pub Serv Co ot Ind 4s 69 Pub Tel Co 4'.s 55. Richmond Water Wks 5¢ 57. Trac Term Corp 5s 57.

FOREIGN EXCHANGE NEW YORK, Oct. 8 (U. P.).—Following are noon cable rates on major currencies: Canis) Rates Net Chg;

iE Le

17 EXTENDS ENE RITA

DIMEKEEPING is the fasclnating new way to start savg. It’s fun to watch this J IMEKEEPER expand—-and our savings account grow! t's chrome plated, substantially built, and holds $5 in

ours today! dimes, Get v England (pound) Canada (dollar) Italv (lira) Finland (markka' ... | Switzerland (franc)

Murray

IN Ch & St L... It

. ARGENTINA, BRAZIL ~ TRADE PACT HAILED

RIO DE JANEIRO, Oct. 8 (U.P). —Statesmen today hailed - a new trade agreement between Argentina and Brazil as the most important]

. 16°,

$9.50 in the history of South America, |

land said it would bring similar agreements throughout the hemisphere. Its object is to develop

Corp. do not repre-| Argentina and Brazil as inter-de- |

pendent economies. The agreement provides a grad‘ual decrease in tariffs and absolute | free trade for new industries—any ‘industry manufacturing products ‘not previously produced if either {country will not be subjected to

{tariffs for at least 10 years.

It recommends also that: When there is a persistent deficit over periods of less than six months,

(the country with an excess of ex- . {ports should take measures to in2! crease imports; that facilities be set ai} 5 x : {up for sales on the Argentine mar‘ket of Brazilian textiles and other

industrial productsy that Argentina

loan Brazil not more than 50,000.000 able Dec. 2 record Nov. 15 vs. like

pesos (about $12,500,000) te buy Argentine surpluses not competing with Brazilian products. Brazil will loan Argentina the same amount with which to buy Brazilian surpluses.

Indiana's Mi

‘1.lto 3 cents a

common share vs.

1$2.248,898 or $1.40 on $6 preferred

—_ and $1.15 ¢n $5 preferred year ago.

S. S. Kresge Co. Sept, sales $11.621,434 vs. $12,991,258 year ago. off 4.7 per cent; 131,294 vs. $101,099, 857 year ago, up 3 per cent. | John R. Thompson Co. and subsidiaries 36 weeks ended Sept. 6 net loss $97,835 vs. $273,744 year ago; 36! weeks sales $7,660,253 vs. $7,516, 056 year ago Western Auto| Supply Co. (Missouri), Sept. sales $3,929,000, off 1.3 per cent from year ago;. 9 months sales $36,912,000, off 16.9 per cent.

|DIVIDENDS

Amalgamated Sugar Co. regular quarterly 12!2 cents on preferred payable Nov. 1, record Oct. 17. Consolidated Cigar Corp. regular quarterlies $1.62; on 6'2 per cent | prior preferred, payable Nov. 1, rec-

preferred, payable Dec. Nov. 15. Loew’s Inc. regular $1.62'2 on $6.50 cumulative preferred payable Nov. 15, record Oct. 29. Maytag Co. regular quarterlies, 75 cents on $3 preference and $1.50 on $6 preferred, payable Nov. 1, record Oct. 15. Oliver United Filters, In¢., regular quarterly 50 cents on Class “A” payable Nov. 1, record Oct. 18.: Charles E. Hires Co. 30 cents pay-|

1, record

payment Sept. 3, June 1 and March 1. The company paid an extra 30 | cents on Sept. 27 last. Melville Shoe Corp. regular quar|terly 50 cents on common payable I Nov. 1 record Oct. 18,

lls Speed Up

86!

9 months sales $104,- |

ord Oct. 15, and 81.75 on 7 per cent ee;

quarterly

Dec. $.8215 58! s@. 58

DAILY PRICE INDEX

NEW YORK, Oct. 8 (U. P.).—Dun and Bradstreet's daily weighted price: index of 30 basic commodities, com- | {piled for United Press (1930-32 average equals 100) : Yesterday Week Ago iMonth A880 ......:. Year Ago deve ens ain ve 1940 high (Jan. 2).... 1940 low (Aug. 19)..

LOCAL PRODUCE

Heavy breed hens, 12c¢; bareback hens, 11c; Leghorn hens, 8c; Barred and White | Rock sprnigers, 13c; other colored heavy breed springers, 12c¢c; Leghorn llc; bareback Springers, yc, old roosters,

. 119 04 118.39 | 115.06 | 117.82 123.34} . 112.421

seess en ees

ses’

Indiana Grade A large eggs, 24c; Indiana Grade A medium eges, 20c; small Grade A eggs, 13c; No. 2, 16c. Butter—No. 1, ‘shia fac; No. 2, 30':2@3lc. Butterfat—No. 1, 28c; No. 2, 27c, (Country pickup prices quoted by the Wadley Co.)

N FOOD PRICES CHICAGO, Oct. 8 (U. P.i.—Michigan peaches, Elbertas, bu., 65c@$1.50. Apples— go Sales, Celery— Michigan craies, 35@éebc. atoes — California lugs, $1.35 1.65. ormaLoes ihor bu., 25@6Uc, Cauliflower —Colorado crates, 95c@$1.05, Carrotts— New Mexico crates, $4. Lettuce—California crates, $2.50@ 3.75. ‘Sweet potatoes, Tennessee bu., 95c@$1.25, Onions— (50 lb, sacks), Minnesota Yellows, 52'2@62'zc. Yellows, 50@55c. "Idaho Whites, Idaho Sweet Spanish, $1.

U. S. STATEMENT

WASHINGTON, Oct. 8 (U. P.).—Government expenses and re ceipts for the current fiscal year through Oct. 5, compared Si a year ago. This Year Expenses ..$2,468,605,958.95 Receipts - .. 1,582,946,114.16 Cross Def., 885.659,844.79 Net Def .. 869,043.394.79 Cash Bal. 2,350,526,843.87 Work Bal.. 1,614,934,228.90 Pub Debt. .44.062 141,408.75 Gold Res...21,300,796,495.33

16,966.336.560.86 Customs .. 76,703.608.85

94,810,532.70 INDIANAPOLIS CLEARING HOUSE

learings srt eesueeprrsnrasese -. $2,802,000 bits

. | veilance.

springers, !

Illinois | $1.10. |

Last $2,561, 245, 672. 98

40.859.857.608.79 |

3,149,000 .

since 1918, Officials of the company ’declare

TURBINE ORDERS AT: NEW HIGH FOR G. E.

SCHENECTADY, N. Y, Oct, 8

| the extent to which employment will be increased by manufacturing operations at the new building.

the company has produced no mili- : tary equipment except aerial lenses |§

| that it still was too early to predict |§

VIR eA

OEE TE IRE Ss

NSPECT..... (eo): R AVIA

~—They're Money ig

| (U. P.) —National defense demands!

lifted General Electric Co.'s turbine) 'orders to a record high of 90 million lin the first nine months of this year, [C. S. Goggeshall, manager of the | turbine division, announced today. | The previous high was 56 nibon| dollars in 1917. Mr. Coggeshall predicted that the! ‘company will book more than 100! | million dollars in turbine orders this vear, and said that about half of | the present bookings are for the {U. S. Navy.

FLORIDA BUILDING AT PEAK IN AUGUST

NEW, YORK, Oct. 8 (U. P.)— Construction activity in Florida rose! to a post-depression peak in August, | with contract awards for the month | exceeding the full-year totals for |

NEWS

AN UP-TO-THE-MINUTE REVIEW BY

MARTIN JOHNSON 7:45 A. M. DAILY

Sponsored Mon., Wed., Fri, by Groves Bromo Quinine

WFBM

The Hoosier Station—1230 On Your Dial

1932 and. 1933, Dodge Reports said |

today. Total contract awards in the state during August amounted to $32,729,000, the authority reported. That compared with $18,407,000 in July, and $14,560,000 in January, 1937.

WAGON WHEAT Inqenspols grain elevators are paying

for No. wheat, 77c¢{ subject to market | change; thet grades on their merits. Kash lcorn, No. 2 yellow shelled, 59c; | white shelled. 67c; No. 2 white gals, “are.

GUARANTEED

AT OUR USUAL

SAXOPHONE ¢

Instruction |

INDIANA MUSIC CO.

115 E. Ohio St.

Per Lesson

Even If It’s Three o’Clock in the Morning

HAAG’S ALL-NIGHT DRUG

22nd

STORE IS OPEN

and Meridian

LL. 4088 Laundry- Maid

WASHERS 32430

Up to $30 Allowance on Your Old ;

esse cvecsns

ko 1d If 4) ITE

ILL.

A V J

032 1933 | 194 1935

1936

937 1938 939 ®

Pig iron production in Indiana's steel factories is soaring as the

mills turn out materials for Great

SII) for BY ii ‘irona)

ana Japan (v saris Mexico (p ho)’

2348 12075

assncese

Britain and the U. S. national de-

fense program, In spite of their high production rate, orders are, piling

up faster than eyer.

Oldest Loan ~ Brokers in. " the State

LOANS

The CHICAGO

Washer on a New A. B. C.

IR & i Ng, 225 E- Wash.

43S. on n Everything! !

Diamonds, Watohes, | |

OUTFITTERS TO

MEN,

WOMEN and CHILDREN

(vingstons

THE MODERN CREDIT STORE

129 W. Wash.

Indiana Theater Is Opposiie Us.

Autos, Cameras, Clothing, Shotguns, Ete.

MA. 4010 TRY A WANT AD IN THE TIMES. JEWELRY THEY WILL BRING RESULTS. |

co, Inc.

ELI

EPAIRED

EFI

"LEON

NED Men’s

Ww And omen’s TTED Clothes TAILORING CO. 235 Mass. Ave.

}

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