Indianapolis Times, Indianapolis, Marion County, 23 August 1941 — Page 11

L SATURDAY,

-< i qu

-

PAGE 11

ON THE RADIO

TONIGHT

8:00—Hit Parade, WFBM. 8:00—Barn Dance, WIRE. 9:00—NBC Symphony, WISH. 9:15—Baseball, WIBC.

TOMORROW

2:00—Columbia Symphony, WFBM. 2:30—Baseball, WIBC. 3:00—Winston Churchill, WISH, WIRE. 3:30—Behind the Mike, WISH. 6:00—Rookies, WIBC. 6:00—Reg’lar Fellers, WIRE. 7:00—Star Spangled Theater, WISH. 9:00—Hour of Charm, WIRE. 9:00—Take It Or Leave It, WFBM.

THE INDIANAPOLIS TIMES

of Living in Indianapolis Is Going Up

AUG. 23, 1941

BUSINESS

Cost of Living in Indianapolis Is About What It Was in 1931 By ROGER BUDROW THE BIG CHART IN THE ADJOINING COLUMNS shows what has happened to living costs in Tw since, the World War. The curve was going up (2t the right end) | in the n June this vear, which is the latest period for which information is available. | The Indianapolis cost-of-living chart was prepared from reports of the U. S. Bureau of Labor Statistics, which is generally accepted among economists as being the most | authoritative in the field. If you are getting relief checks] or if vou have a suburban estate this chart does not hold very true for your living expenses.

Gy “PRICES ON HOGS ARE UNCHANGED f

Indianapolis famil in industry and the lower-sala-ried workers in Early Top Is $11.90 Here; 1500 Porkers Arrive At Stockyards.

offices prices opened generally | the Indianapolis stockaccording to the AgriService

Ee

The Cost

Parks Johnson and Wally Butterworth, conductors of Vox Pop, one of the most popular quiz programs on the air, will be in Indianapolis Sept. 1 for a broadcast from the Indiana State Fair at 7 p. m. The broadcast will be fed to the Columbia network by its local affiliate, WFBM. The broadcast will be from the Youth Activities Building and tick= ets may be obtained by applying to WFBM by mail. One thousand tickets are available. Only requests coming through the mail will be accepted. The State Fair broadcasts will be one of the first in the Vox Poppers [new series and Wally and Parks, who will arrive here Aug. 31 to prepare for the broadcast, promise the usual assortment of varied and valuable awards for the contestants,

WFBM,

tb.i35 ; 1nddle of

Prime Minister Churchill's broadcast tomorrow will be carried locally over stations WFBM., WIRE and WISH from 3 p. m. to 3:30. Mr. Churchill is scheduled to give an explanation to the people of the British Empire concerning his recent meeting at sea with President Roosevelt,

2

Apparently the threatened mates rial shortage is not going to intere fere with the ability of radio lise teners to obtain needed parts and accessories for their radio sets. Ruling that maintenance of existe ing communications is essential to civilian morale, Director Leon Hen= derson of the Office of Price Admin istration has allocated enough metals to radio equipment manufacturers to assure production of tubes and. condensers needed in the repair of the nation’s 50,000,000 sets, Mr. Henderson acted when he learned manufacturers were finding it difficult to maintain adequate production.

CURB BUYS BACK 3 MEMBERSHIPS

NEW YORK, Aug. 23 (U, P).~ The New York Curb Exchange ane nounced today that it will retire three outstanding memberships under its recently adopted plan to reduce the number of curb “Seats” from 550 to 500. Governors of the exchange, the announcement said, have author= ized the purchase for retirement of the seats of David Maltman, William L. Platte and the estate of Max Birke.

n 2

il

It is the ston

2

Although on vacation in Mexico City, conductor Andre Kostelanetz will have a part on his Music That Refreshes program tomorrow, WFBM at 7 o'clock. By means of a two-way hookup between WABC in New York and XEQ {in Mexico City, the maestro will produce a 2000mile downbeat { which ought to be just about the longest on record. Mr. Kostelanetz will start the program with a piano performance of ‘La. Golodrina,” one of Mexico's favorite tunes. Following this he will tap twice on the piano and the orchestra in New York will begin its first number, After that Alexander Cores, concertmaster and assistant conductor for nine years, will carry on and Mr. Kostelanetz can resume his vacationing. E-3 o 2

® o

numbers left are € numbers, dollars and cents. It is figured this way. Take vour liv-| ing costs from 1933 to 1939—| food, rent See. L nity Pe vou get an all that 1 m midthe index. 10486

average it

Hog steady vards Iture Marketing The early top was $1190 for 200 150 cattle were 1500 hogs and 23 sheep. an a a ; : 3 Sa : i

today.

Mr. Kostelanetz

good An

| received. oo 3 3 3 ES wn x AR NR 3 NR X =

o choice to 210-pounders : estimated , elee-1{ tid "eve on. House 25 calves. rnishi were oS and miscelneous expenses were 1023 ! "Living COS here, vou can see. are nowhere near what ther were in the boom ti followed the Armistice of 1918. But they are| going up. Those whose Income Keeps | pace with increase are able to ' same standard of editorial ir week pointed

ng

This chart, compiled from U. S. Bureau of Labor Statistics reports, shows the trend of living costs in Indianapolis since the World War, For

FINAL ANE W YORK STOCKS N.Y. STOCK MARKET —|IS DULL; PRICES RISE

By UNITED PRESS DOW-JONES STOCK AVERAGES oy - | | Clase Change | IS EVEN i NEW YORK, Aug. 23 (U. P).— TH ING

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in the news uff. according suppliers 10) The Babylonpipe in 4000 used earthen \ one blocks to the EIR, underground stone evervone seen ures the famous Rorion agueducts. They began to use lead pipe Rome in the first century A. D. Louis XIV at

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Chotce— 730- $00 pounds 800- 1100 pounds 11% 300 pound 1300 -1500 pounds Good— T90- 900 pounds 900-1100 pounds 1100-1300 pounds 1300-1500 pounds Medium — 730-1100 pounds 1100-1300 pounds 7350- 3195 pounds Comm v30- 1100 |

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ithorized cast iron pipe in Paris in 1865. Then London built a board aqueduct with 400 miles of wooden mains at the beginning of the 17th century. These had to be replaced every 20 years Now and someone in this country digs . near the early set conduits made of hollow

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Good— 500- 5

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Cholce— 750- 900 Cood— 30- hn i Mediu S00- 0 pounds

omm S00- $00 pounds

tlements, logs.

pounds

OURAS .ieeevecinann

=

= =

THE #0-HOUR week is a thing of the past in many Indianapeolis business firms, according to the Indiana Employment Securitv Division. Not the 40-hour

law, but actually working only 48 hours. In July workers in durable goods factories here worked an average of 43.1 hours a week, received an average 3727 pay check. Non-durable goods workers had a 38.7-hour week and received S26.77 on an average. Retail trade employees worked 41.9 hours for 820.21 a week, while wholesale trade employees worked 43 hours for $29.26.

=

ODDS AND ENDS

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Asphalt. . 3

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° 0p Ben Ind Loan 8.30 Beth Steel 7.75 Boeing Ai | Bon Ami

am . and common Veslers | Borden : [email protected] | Bdgt Brass [email protected] | Briggs Mig ... 7.00@ 8.50 Bruns-Baike "Feeder and Stocker Cattle Budd he + (Receipts, 23) Burlington Steers Bush rm Cholce— Butler Bros S00- 800 pounds ....... WR 12 { Butte Cop & Z 800-1050 DOUNGS veveeeeeseea. [email protected] Byers pi 0 So - 800 pounds [email protected]! 800-1050 pounds [email protected] | Callahan Medium— S00-1000 pounds Ch 500- 900 pounds Calves (steers) Good and cholce— pounds down Medium— S00 pounds down \ Calves (heifers) Good and cholce— BONES BOWE uuvuuusucree [email protected] chic E Il

A 500 pounds down £.50210.50 | Ch Gt W Ry 5 pf

{Chi Pneu T 1¢ SHEEP. LAMBS (Receipts, 25)

{ Chi en Tl ev Bf 3H o {Ch R IP Lambs (spring) 13. choice 1

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= Historic 272Hudson Bay Co. will main fur-seiling headters from London to New York . . With 25.000 troops already in Puerto Rico more on the way, the island 1 plow 25,000 acres of pasture to beans, potatoes and tables Puerte Rico food Soe the U.S. Y This drought has 4 00 n one ‘venefit, Purdue says’ Sood rean a big crop of alfalfa . China wants the RFC to help build a railroad running parallel along the famous Burma Road. . . Agriculture Secretary Claude Wickard was one of the Cabinet officers at th opening session of Vice President Wallace's new Economic War Board. When he was asked what its policies would be, he | Per cent sows in crop, but this class fol- : . 3 owed butchers: heavy packin: said: “I was second from the end at ss. [email protected] with Tight Bujehery oRer hen they took ews pictures, | gS 0 3 $3; most 270-300-ib. butchers, Wen HY ook NEWS picwures, | SiSss@IL SS good to choice 180-240 Ibs, 0 J t at the close at $11.35@

LOCAL ISSUES ding light EY

: Ronis steers mostly « nately fed steer run with Nomina! auor furnished bv local weighty kinds in near- pecora eps unit of National Association of Securities heifers sealing over $00 ibs. wea cows ry Pe teady to 23 cents lower; bulls strong to Stocks 23 © h oh and vealers fully 30 cents Asents Finance Co ind GoM. 3p: Jone vearl ng 3 teers and 1288-1b. Agents Finance Co Inc pfd.. | 1650 oe way rane ¢ { 1480 lbs. at $12. 35. and 15 lbs. Beit R Stk Yds com... most longfed heavy steers kd act [email protected]., with comparable and light steers, $11.75 12.50; | ers. $12.40. Sheep-—Receipts, 1300. ofr Spring lambs end vearlings.

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CHICAGO LIVESTOCK

Hogs—Recel pts, 300: nothin fered marxet nominally top, $12 For the week ight . 8 NOLS reached $12 with all representative weights I, gaming 25 to 33 cents: better than 35

Kk Eq 38 00! | Climax Moly ‘Co Wo s eo | Coca-Cola Colgate- P- Pp .“ 1 Col & Aik N Col Fuel & Ir Col Broadcast A Colum Gas .... . > as ol Pictures . Steady; quotable Col Pictures ot.

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Comwith & So. Comw & So pf. Comwlith Edison 23 Cong-Nairn ‘3 Cons an 3 Cons Ciga Cons Cobperimns ls Cons Edison ... 173% Cons Edison pf. 93% Cons Lisunqries. Ae { Cons Oi 8s ed Cons | ont Bak

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we 4 Sons = ‘Det’ “.t S12; { Corn Prod 50 ively at} Coty Inter .. yearlings | Grane Co best heif-| Crown Cork | Crucible St the ek wl | Cuba RR pf i] ¥

s higher: fat sheep, 23 cents higher; | | Se: Am Sug ot | choice native in late. 312.40; oulk| curtiss-Wr good and chap [email protected]: medium Cutler-Ham good, [email protected]; throwouts, ! best vearlings for th st for crop native ewes,

OTHER TOOK

b FORT WAYNE Aug. 238 {U. P) —Hogs— | Steady; 200-220 Ibs, $11.75; 180-200 Ibs. SI1.65; 160-180 Ibs, $11.55; 220-240 Ibs. [S11.45; 240-260 Ibs, $11.20; 260-280 Ibs. $10.90: 280-300 Ibs. $10.65: 300-350 ii { $10.50: 350-400 ibs. so 150-160 Ibs. 140-150 Ibs, $10.75; 130-140 Ibs | 100. 130 Ibs, $10.25; roughs, 25 stags | { Is ROMY, $13. Lambs, $11.25. Yeatlings|

Ch ieago Stocks |

High Low Last Hr.! ‘81% Aitorfer Br ev 1%, 18, 3 { 108 Armour & Co .... Am TXT Rts Jd 12.32" 112- LY 1100 33! Bendix Awn . 3% 373% Borg-Warner 1812 i Cent . i Chgo 110 | Comwith Edison 84% | Consum vf 108% | *Curtis W | Four Whi 108 Gt Lakes Dredge’ “hann 103 18 Cent RR . cia | na SH Prod ....... 110 | LaSalle Exten 118 107% 103

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* Yesterday 123.81 Week Age Month Age Ago High. 1941, High, 1940,

0s 0.64 +011]

JAR 0

133 39; Low, 152.80; Low, 111.84,

20 RAILROADS »

1s | Yesterday Week Age Month Age {Year Age High, 1941, 3 High, 1910, 32

Yesterday Week Age Month Ago

Year Age | High, 1941,

| High, 1940,

20.63; 26.45:

16 MOST ACTIVE STOCKS Sales Net (in 100s) High Low Close Change Is) Rich Oil ....139 11's 10': 11 Ys Pepsi Cola ... Wl Wh WW + IPs 1g 9g Ns 161,

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8 ® 8

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1s Seco Vae Nat Bise i. Sunshine M Jones & Legh Int Paper Il Cent Std Oil NJ... ., | US Steel “2 Std Brands ,, { Comw & Se .. | Com Edison . | Mont Ward

We 18's 9g 3 3634

33%

| 8 1 8

3-18 Ws 33g Cont Mot .... |

14

¥

shares against 120,000 last Saturday. Curb stock sales were 32,000 shares |against 29,000 a week carlier.

4 4 i.| Stock sales approximated 150,000) 8

. 5 Net Close Change Goodrich Goodyear Graham-Paige . | Gt Nor Ore Gt North pf

fr Era ITT

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WH]

Grum Air «s Gulf Mo & Oh. {Gu M & Oh pf.

Hanna 35 pf.... | Harb-Walk .. { Holly Sug | Homestake . | Househd F .. 2 — Houston Oil 4 3 's Hud Bav M&S 183 9s g a , | Hupp Mot .... 7% ‘ean

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| No Amn Avn. No Pacific | Nortaw Tel 39 Norwich Pharm

Ohio Oil .. g 0 g Ae Oliver Farm Faq & g 0 2 + | Omnibu 5 5! 1g <x | Otis Steel ‘ve T . . | wero | Par Am Fish .. - Pac Coast ! ( - {Pac G & El .. 23 5 : i 3H Cons 3 - 1g Packard 1%

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| Pit ittston Fly mouth nd Crk | Poor. B

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Rovonier pf Rand { Reo Mot vte | Republic Sti | Revere Cop .. i re A

field Oil

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| Sout h Ry

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| Spiegel Square | Std Brands Std G

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{ Stokely Br . Stone & Webb | Studebaker | Sun Oil ) { Sunshine Min Superhtr . Swift & Swift Sm RQ Smng-Gld

Ter an Corp | Texas Corp Tex G 1

lg bt 30 IY te SINT 0 PY

Ax (imken R B | Trinsamerica Tri-Con Fos" . Twin Oy R T..

Union Carb ... U | United Corp

United Cp pf United Drug

| Un Gas Imp ...

U 8S u U U u

Ind Alc S Realty S Rubber . S Rub 1 pr. S Steel ..... S Tob . Un Stores A Sales | Vanadium Va IC&C pf .

| Wabash . . | Wabash of A Waldorf Sys .. Walworth | W ard Bak B . | Ward Bak pf .. ner Bros

{ Westing EI | White Rock overind Willys Overld pf We ilson & Co Woolworth { Worthington { Worthing pf B 12 Worthine cvprpf 7 pf 7 |

Young Sheet .. 373g

| Young Sti Dr 1

H Am Cvan BR ‘ Am Gas & E .. 2 Am Maracaibo . N Gas A Barium Stl Beech Airc Belanca Aire Bliss EW |. «3 Brewster Aero. . Brown Co pf Carrier Corp Cities Serv 4 Cities Sey | Col FRI w | Gol oXG | Cons GE Balt 2 | Qons Steel Contl R&Stl Fd Copper Rnge { Creole Pet ...

‘4. | Darby Pet i} | Decca Rec Inc.

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Equity Cp Gulf Oil Hecla Min Humble Oil .... {Insur No Am .. Lehigh C&N .. Merritt C&S .. | Mont Ward A . {Mt City Copp.. {Nat Contr {Nat Rub M Niag H Pwr ... No St Pwr A. {Pan Oil Venz . | Pennroad ot Phoenix Puget | Puget So 6 pf { Republic Avn .. St. Regis Paner | Selected Ind . Std Oil Ky | Std Steel | Sterchi Bros {Un Gas Corp Un Gas Cp pf } Un Shoe {US Foil B

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Curb Stocks

30 INDUSTRIALS it tds a ge 33.9 ‘oal 3 371, 37 15

“'sgjaction of directors in placing - 's| issue on a $4 annual basis, against 183 previously. . | Gas was explained by action of di[rectors in placing the issue on a 34

1 ok

ud

| 15 + {including Colgate,

4 8 8 a

8

1s

«the Chicago Board of Trade today, 2 prices advancing to new +. pea ks after showing losses of a cent |

>’

3

up 1%.

{on announcement . |Reserve of more stringent * tions on instalment credit.

| |

8

The stock market continued dull today with prices up slightly, Richfield Oil, most active traded, made a new higls at A few others made new 15, up 4; Columbia Pictures preferred, 27, up 1's; Continental - Diamond Fibre, 9%, up %, and Peoples Gas, 493i,

issue 11, up tops,

Household Finance reacted a point by the Federal regulaThe rise in Peoples Gas was explained by the

The rise in Peoples

annual basis, against $3 previously.

SOY BEANS AGAIN

LEAD AT CHICAGO

CHICAGO, Aug. 23 (U. P).—Soy {beans again assumed leadership on

ft ok kk [ph fk fk

seasonal

a bushel in the forepart of the ses-| sion. The close was *2 to 1 cent a bushel higher with October at $1.50 % | @ 13. Wheat finished off 1% to

1, cent a bushel lower with September

‘+ cent lower, September 77 cents: oats | 10: 1

8 ls

1a Deel,

Net

Close Change

397

-7

bt wr yo BN mR

t DPD ret 20 aT 0 wd NT aT pt 1. ret JV TBD

wr

“+

3

| Dec... {Jan..

| [email protected];

| Pub Debt = | Gold Res.

| Expenses ..$2,

, | Debits

Clearings

jat $1.117%@1.12. Corn was '& to {off 3s to 2 cent, September 44a and | rye was 's to 3: cent lower, Septem-!

| ber 65° ssh. 13 |

Prev. Close 1215

Wheat— RANGE Open High Low r $1.1235 $1.11%

1.16'g 1.19

1.15%% 1.18%s

1.153% 1.18%

113s S86 S6Ye 1534

12

1.49 1.49 1.5012 1.533%

1.491% 1.49; 1.51

May.. 1.54 Lard—

Sept. .10.20 Oct...10.35

1.5058 1.503% 1.52%

1.552

“Oct. +0ct..

10.27 10.45

10.65 10.70 10.75 10.80

aAsked: bBid;

LOCAL GRAIN

CASH

Wheat—BEasy; receipts, 3 cars: No. ol red, 99c@$1; No. 98@99¢c; No. 2 hard, 97@98c. Corn—Steady: receipts, 38 vellow, 69 @"70c: No. 3 vellow, white corn 7@8c over yellow; 1t@2'5¢ under. Oats—Easy: receipts, 6 cars: No, 2 white, 38'2@39':c; No. 2 red, 38@39c. Sov Beans—Strong. receipts, none: Indiana No. 2 Jeo, > 484 1.49; Illinois No. 2 A OW sl. 8@1

U. 8S. STATEMENT

WASHINGTON, Aug. 23 (U. P.).—Government expenses and receipts for the current fiscal vear through Aug. 21, compared with a vear ago: This Year 22 997,272.05 712,661,696.51 . 2,010,335,575.54 + 1,977,092,975.54 2,599,541,231.35 . 1,847,419,221.59 50,268,787,467.92 .22,710,706,902.09 61,014,115.76

10.15 10.35

10.60 10.70

f0ld.

10.15b 10.35a

10.60a 10.72

*New:

No. 1 red, 1 hard,

cars: No. 2 67. @683sc: mixed corn

Last Year $1,314,596,402.17 690,972,554.68 623,623,847.49 609,625,147.49 2,573,820,057.01 1,841,365,749.34

Receipts

Customs 40, 992,039.63

INDIANAPOLIS CLEARING HOUSE

Clearings vvo 11,998,000

cares 24,092,000

* | Debits

: 5 Whites,

FOREIGN EXCHANGE

1

8 8 | 6 = 8

“15! 93,s 1051-48

| Michi

| crates, [email protected].

|

FOOD PRICES

CHICAGO. Aug. 23 (U. P.).—Apples— New Michigan, bu., 75c@$l. Tomatoes— an, 12-qt. baskets, 40@ 75c. Spinach -Michigan, bu., 50@90c. Cauliflower— Colorado, crates. [email protected]. Carrots Cal., crates, $33.50. Lettuce—California, New Crop Sweet Pota—Tennessee, bu., D1.

[email protected]. Onions sacks) Tilinois Fos, 65c@sl; $1.40@1

NEW YORK, Aug. 23 (U. P.).—Following are closing cable Thies on major currencies: Cable Rates Net Che. | England (pound) $4.03! ‘ | Canada (dollar) Cuba (peso) Mexico (peso)

ilu. S. Government Bonds

GOVERNMENT BONDS Treasury Bon

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WIBC 1070 (Mutual)

Baseball Baseball Baseball

WFBM 1260 (CBS)

Dance Time Dance Time Pan-America Pan-America Baseball

Charlene’s Songs | Music Interlude State Prison H Heidt 0 Svnconators Dick Harold Gilbert Forbes Bert Wilson

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Hour of Charm Hour of Charm Businessmen Businessmen

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ortia We Abbotts Singing Strings

Club Matinee Club Matinee Club Matinee Club Matines

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KEY NETWORK STATICNS (Subject to Change): MUTUAL—WOR, 710; WHK, 1420; WSM, 650. NBC-BLUE—-WJZ, 770; WOWO, 1190; WLS-WENR, 890; KXOK, 1380. NBC-RED—WEAF. 660: WTAM, 1100; WWJ, 950; WMAQ, 670. CBS—-WABC, 880; WJR, 760; WHAS, 840; KMOX, 1120; WBBM, 780. J