Indianapolis Times, Volume 43, Number 311, Indianapolis, Marion County, 7 May 1932 — Page 10
PAGE 10
HOOVER SPEECH ADDS STRENGTH TO SECURITIES Steel Wage Cut Sets Off Short Covering; List Holds Gains.
Average Stock Prices
Average of thirty Industrials for Thurs- ?*’ 2- oIT •"* Aver*g* of 'wentv rolls 22,. Arr*i of twenty utilities Si 2? 52 - Average of forte bonds • 3 59. off .02 BV ELMER C. WAI.ZER I sllri flnanrisl Editor NEW YORK. May 6—The stock market today gave the best performance on the upside for nearly three months, .soaring 1 to 5 points, with dealings picking up so that tickers were running behind the trading for a time. According to preliminary calculation. the Dow. Jones <fc Cos. industrial average stood at 59.01, up 4.91 points; railroad average at 21.39, up 137, and the utility average, 25.11, up 1.43. Sales totaled 1.600,000 shares, compared with 1,000,000 shares Thursday. Aggregate market value of ten leading stocks was $5,058,598,187, against $4,717,669,207 Thursday, an increase of $340,928,980. The list was firm all day, aided by the forceful demand of President Hoover in his message to congress that the budget be balanced. Wage Cut Announced Late in the day, the United States Steel Corporation announced a second reduction in salaries and wages of its workmen, this one 15 per cent, to be effective May 16. A reduction of 10 per cent was made by the corporation last September. Shorts covered on the Steel wage cuts and Steel common soared more than 3 points to above 31. American Telephone was swept above par for a rise of more than 2 points. Union Pacific in the rails jumped more than 4 points, while American Can and Auburn each made gains of nearly 5 points. Pan-American Petroleum B rose nearly 9 points. Strength in Pan-American B followed publication of details of the deal selling the foreign outlets of the company to Standard of New Jersey. The transaction involved about $146,000,000, of which $50,000,COO would be paid in cash to Standard of Indiana, which owns 96 per cent, of Pan-American, and the remainder in Standard of New Jersey stock. Gains Arc Retained This transaction, together with firmer prices for gasoline and reports of progress in negotiations for a merger between Standards of New Jersey and California helped the oil group generally. That section of the market was the best in the afternoon until the Steel wage cut set off short covering throughout the list. Gains throughout the list were retained in the majority, although volume of turnover was reduced just before the close. Bonds were more active and prices firmed up along with the advances in the share market. United States government issues rallied after an early reaction. Graias joined the advance and wheat closed up 1 to 1% cents a bushel. Cotton advanced several points. U. S. Bond Bought The federal reserve weekly report showed the system was continuing its easy money policy. It bought government securities to the amount of $96,000,000 in the past, week, keeping its buying rate at an average of about $100,000,000 weekly. The report also showed a rise of $50,000,000 in money in circulation, this attributed to uncertainty over the Goldsborough bill. Bankers' acceptances were advanced % to 1 per cent, apparently to prevent withdrawal of foreign Investments here, and this had a favorable reaction in the street. Gold withdrawals were continuing, however, with $13,200,000 to be shipped to Holland today.
Bank Clearings
INDIANAPOLIS STATEMENT —May 6 Clearings Debits 6,503,000.00 TREASFRY STATEMENT —May I Net balance for Mav 4.... $697,906,454.33 Expenditures 27.347.005.67 Customs rects. mo. to date.. 1.858.631,03
Foreign Exchange
(Bv James T. Ha mill * Cos.) -Mav 6 Open Close. Sterling. England 3 67-t 3 67
Investment Trust Shares
<Bv James T. Hamlll & Cos i TRICES ARE TO 12 NOON. C. S. T. -Mav 6 Bid Ask. Am Pounders Corp com S 'a Amer and Oen Sec (A> 1 3 Collateral Trustee Shares tAi 2*, 3 Diversified Trustee Shares (A) 5N ... Fixed Trust OH Shares l'a ... Fixed Trust Shares iA) s‘, ... Fundamental Trust Shares iAi 2N 2 1 , Fundamental Trust Shares (Bt 2*. 3' Leaders of Industry iA) 2 l * 3* Mass Inv Trust Shares 12 IS 1 * Nation Wide Securities 2' 2 J . Selected Income Shares 2'. 2's Shaamut Brink Inv Trust 1 2 Std Amer Trust Shares 2' 2*, Super Corp of Am Tr Shares.. 190 225 Trustee Std Oil iAi 2 T 34* Trustee Std Oil iB) 2*. 3 U S Elec Light and Power iA 13, 13*
New York Bank Stocks
(Bv Thomson & McKinnon) —May 6 Bid Ask. Bankers 47* 49 ; Brooklyn Trust 165 180 Central Hanover 112 116 Chase National 29H 31H Chemical 29* 31H City National 34 J 36 1 , Corn Exchange 49 52 Commercial 116 124 Continental 13V 15V Empire 21 23 FiFrst National 1.075 1.175 Guaranty 228 233 Irving 16 Manhatten Ai Company ... 20V 23V Manufacturers 24 26 New York Trust 69V Public 19V 21V New York Liberty Bonds —Mav 6 J,tbertv 3Vs -47 100 12 Liberty Ist 4Vs ’47 101.17 Liberty th 4Vs '3B 102 11 Treasury Vs ‘52 105.60 Treasury 4s '54 102 15 Treasury 3* '55 . 93.16 Treasury SVs 56 100 10 Treasury IS* '43 March) 9*14 Treasury 3Vs u n(IMM MM
New York Stocks
By United Prett NEW YORK, May 6—Sale* on the New York Stock Exchange to- { day totaled 1,800.000 shares. Curb stock sale* totaled 190.000 share*. ~M>r 6Prev. Railroad*— High Low Clot* close. Atchison 37% 34% 36% 354. At; Coast Line 15 14V. Balt R Ohio ... 74. 7<* 7% 8% ! Chesa Ac Ohio.. 17V. 18>4 16% 18 . Cheaa Corp BV, *% 9>. 8% Can Pac 11% 10% 11% 10’. i Chi On We.t 2 IV. I Chi N Weal 4% 4% 4% 4 ! c, r i * p sw a l * aw 3% Del L Ac W 13% la liw 12% I Del Ac Hudson.. 58 53', 58 SI ■ Erie 4 4 Erie lit pld 4% 4Va Great Northern 114. 10 11% 10 I Minot* Central. 114 104 114 10% Lou Ac Nash 12 10% 114 11 M. K Ac T 2% Mo Pacific 2% 2% 2S 24 Mo Pacific pfd.. 6% 5% 8 54 I N Y Central 154 134 15S 114 i Nickel Plate .. 24 ... NY NH Ac H 134 124 134 12V4 i Nor Pacific 104 10 104 94 ! Norfolk Ac West.. 85 *9 85 79 O Ac W 8% 54 8 Pennsylvania .. 114 104 11 10 V Reading 17V, 164 174 17 So Pacific 13 114 124 114 Southern Rv .... 54 54 54 5% St Paul pfd 14 14 I’. 14 St L A- 8 P 14 14 Union Paclc ... 54 4 50 534 494 Wabash ... 14 W Maryland ... 3 24 3 34 Equipment,— Am Car Ac Fdv. 54 54 54 5\ Am Locomotive. 54 54 54 5 Am Steel Pd .. ... 44 4*, Am Air Brake 8 .. ... 74 Oen Am Tank.. 174 164 17 154 General Elec ... 14’, 1.74 14% ij' Oen Py Signal. 13V, 11 134 ... Lima Loco ... 10 10 Poor Ac Cos . . 24 2 P illman . . . 154 134 154 14 Westingh Ar B . 114 104 114 ... Westingh Elec.. 24 4 23 24 4 22 4 Rubber,— Firestone 12 114 12 Goodrich 3 4 3 4 3 4 3 4 Goodyear 114 9 4 114 #4 Kelly Sprgfld ... 14 1 Lee Rubber 2 4 24 2'/, ... U S Rubber ... ... 3% Motor,— Auburn 39 324 324 324 Chrysler 9 8 4 84 84 General Motors. 114 104 104 10% Graham Paige... 14 14 I s , 14 Hudson 4 4 4 4 44 4 Hupp 24 2 24 24 Mack 14 13% 14 124 Marmon 4 ... Nash 10 4 94 104 9 Vi Packard 24 24 24 2V4 Peerless 2 2 Reo 14 1% Studebaker 5 44 5 44 White Motors 74 74 Yellow Truck 2 2 Motors Acee—
Bendix Aviation 7% 64 7% 6% Borg Warner.... 6 54 54 54 Briggs 64 6 64 54 Budd Wheel 14 ... Eaton 44 44 4% 4% El Auto Lite 134 12 134 114 El Storage iß>.. 194 194 194 19V, Haves Body ... \ ... Houda 2 14 14 2 Motor Wheel 14 Murray 80dv.... 4 4 4S 4 4 44 Sparks W ... 14 ... Stewart Warner. 24 24 24 ... Timken Roll 154 144 15 144 Mining— Am Metals 3 24 Am Smelt 94 9 94 84 Anaconda Cop.. 54 4 4 54 44 Alaska Jun 114 104 114 11V4 Cal At Hecla ... 2 4 34 24 34 Cerro de Pasco .. ... 84 64 Dome Mines ... 94 *4 9V, 9'4 Freeport Texas. 15 s , 144 154 144 Granby Corp 4 Great Nor Ore.. 7 64 7 84 Howe Sound ... 64 6 64 Int Nickel 54 s', 54 54 Inspiration 2 34 Kennecott Cop. 7 4 64 7 4 64 Nev Cons 34 34 34 ... Noranda 134 124 13 144 Texas Oul Sul.. 18 s , 174 18V, 174 U S Smelt 13 12 s , 13 124 Oil*— Amenda 144 14% Am Republic .. 1 Atl Refining ... IP, 9-4 II 94 Barnsdall 44 4 4 s , 44 Houston 24 24 24 24 Indian Refining .. ... ... 14 Mex Sbd B s , 7 s , 84 7 s , Mid Conti 44 44 4A, ... Ohio Oil 74 6 74 6% Pan Amer B ... 314 31 314 ... Phillips 4 24 4 4 Prairie Pipe ... 64 6 64 ... Pure OU 44 3 s , 4% 3% Royal Dutch ... 174 15% 164 16 s , Shell Un 34 3 34 3 Simms Pt ... ... 3% Cons Oil 5 4% 5 44 Skelly 34 3% Standard of Cal 13 * IS 19% 184 Standard of N J 25S 23 4 25 % 234 Soc Vac 8% 8 84 8 Texas Cos 114 104 114 10% Union OU 104 94 10% 94 Steels— Am Roll Mills.. 64 54 6% 5% Bethlehem 144 124 14% 124 Byers A M 9 s , 8% 9% 74 Colo Fuel 4% Cruc Steel 10 9% 10 9 Inland 14 McKeesport Tin 39 4 34 4 38 35 Newton 3% Repub I & S 3% 3% U S Steel 314 274 304 274 Vanadium 84 74 84 7 Youngst SAc T. 8 4 8 84 ... Tobaccos— Am Sumatra 24 ... Am Tob Anew.. 67% 64 67 63% Am Tob B new.. 69’, 66 69 % 65% Con Cigars 12 Lig Ac Myers B . 494 46’, 49 4 45% Lorlllard 14', 13 s , 14 V, 13 s , Reynolds Tob... 32% 31% 32% 31% Utilities— Ablttbl 1 4 Adams Exp 2% 2 2 s , 2% Am For Pwr ... 3% 3% Am Pwr Ac LI .. 9 8 4 B s , 8 ATAc T 1014 974 10P, 96 s , Col Oas A- E 1... 8% 7 s , 8% 8 Com Ac Sou 24 2% 24 2 s , Cons Oas 51% 494 514 48 s , El Pwr Ac Li 74 6 s , 7% 6 s , Oen Gas A 1% 1 Inti T Ar T ss,5 s , 5 54 s', Lou Gas A' F.l 17 s , 17 17 s , 16 *. Nat! Pwr A: Li.. 124 12 12 s , 12 No Amer Cos 25 s , 234 25 4 23 4 Par Oas A- E 1... 26’, 25 4 26 s , 26 4 Pub Ser N.l 454 4.7% 45 5 , 424 So Cal Edison .. 24’, 334 244 23 s , Std C, A- El 17 s , 16 16 s , 15 s , United Corp .... 6 s , 64 64 64 Un Gas Imn IT, 16 s , 174 164 Ut Pwr ALA.. 3 2 s , 3 2 s , West Union .... 24 21 4 25 22'. Shipping— Am. Inti Corp .. 44 4% 4 s , 4', Intf Mer M pfd I s , 14 United Fruit ... 17 16 17 16% Food,— Am Sug 17', ... Armour A 1 4 1 1 Beechnut Pkg .. . ... 38% 37 Cal Pkg ss,5 s , 5% 54 5% Can Dry 8 7V, 8 7% Childs Cos 2*, Coca Cola 954 90% 944 90
THEY-TELL MI'JU
ALL these conflicting reports and claims are enough to make you feel as if you were caught in a revolving door. A half-hour ago headquarters of the John Fredrick campaign for the Democratic nomination for Governor reported that their candidate made large gains in delegate strength in Tuesday's primary. Now, along comes Judge Posey Kimc of the appellate court with a chart showing that 1,169 delegates pledged to nominate Paul V. McNutt were elected in the same event. If that be true, then it's all over but the shouting, so dust off the old bandwagon, coachman, and all the ••boys” will climb aboard. Seven hundred eighty votes will do the nominating in June, and on the basis of Judge Kime's claim. McNutt can spot Fredrick 389 of his own pledges and still win. The McNutt managers assert that their total is based on reports which do not include 100 pledged delegates elected in Marion county. * m * Here is how some of the big counties stacked up in their claims: Lake county gives McNutt 60 of the 67 delegates selected; Vanderburgh gives all 53; Allen, 49 of the 59: Knox, the entire 26; Wayne, entire 20; Madison, entire 45, and so on. Vigo county, with a favorite son candidate in Mayor Wood Posey, gave McNutt 26 of the 45 in the delegation. The only severe setback seems to have occurred in St. Joseph county, where the courthouse group, headed by Chester Montgomery and Rudy Ackerman, leaders in opposition to McNutt and State Chairman R. Earl Peters, bested the city hall gang, headed by Mayor Riley ‘‘Dapper" Hinkle, and the law school dean only gos 10 of the delegation of 67. The McNutt leaders, of course,
(Bv Thomson Ac McKinnon t
. Cont Baking A >4 Corn Prod 364 334 35 33% Crm Wheat 18% I Cudahy Pkg 37 36 Oen Foods 314 394 314 30 Grand Union ... 5% 44 5% 5 iHershey 55 54 Jewel Tea 23 31 23 ■ Kroger 14 13 s , 13 s , 12% I Nat Biscuit 35% 33% 34 s , 33 Natl Dairy 33 s , 324 23% 32 Purity Bak 7% 64 74 64 i PlHabury 16 4 Safeway 8t 47', 44% 47 4 45 s , , Std Brands .... 114 104 114 104 Drags—- | Coty Ine Drug Ine 394 37 4 39 4 36 4 ! Lambert Cos ....35 s , 33 s , 35% 33% * Lehn Ac Fink .. 154 15 154 15 Industrial,— !Am Radiator ... 44 44 44 4% j Bush Term 84 84 ; Oen Asphalt .... 84 8 B', 74 Lehigh Port 4% Otla Elev 134 134 13 s , 134 Indn, them,— Air Red 41% 38% 40', 38 s , Allied Chem 57 52 56% 51% Com Soly .1....• 64, 6', 6% 6% Dupont 30 4 28 % 30% 28% UaTon Carb 19% 174 19', 174 U 8 Ind Alco ... 194 17 s , 19 17% Retail Store*— Assoc Dry Gds.. 34 3% 3% 34 Kresge S 8 104 10 104 10% May D Stores.... 14 13 134 13 Mont Ward .... 74 6 s , 74 64 Penny J C 22 s , 214 22 s , 214 Sears Roe 18% 1* 18 154 Woolworth 34 4 32 4 34 s , 324 Amusement,— Crosley Radio.... 24 24 24 ... Eastman Kod .. 504 46% 49 45 5 , Fox Film tAi 33 Grigsbv Grunow ... 4 Loews Inc 24 22% 2.7 5 , 21 s , Param Fam .... 3 4 2% 3 4 2 s , Radio Corp .... 4% 34 44 34 R-K-O 34 24 3 Warner Bros 14 14 14 14 MiscellaneousAirway App 14 1 I City fee Ac Fu.. 194 18 s , 194 18 s , : Congoleum 84 8 84 8 Proc Ac Oam 31 30 314 29% I Allis Chal 6 s , 6% 64 64 Amer Can 42 374 41% 37 |J I Case 234. 20 s , 23 4 20 4 Cont Can 26 5 , 24 s , 364 24', | Curtiss Wr 1 4 1 4 'Gillette S K 15 13', 14 s , 134 , Gold Dust 13 114 13 114
Chicago Stocks ““Bv James T. HamlU Ar Co.)*“
TOTAL SALES 150.000 SHARES —May 6 High. Low. Last. Assoc Telephone Util 1% Bendtx Aviation 7 6V, 7 Borg-Warner 6 54 6 Brown Fence Ac Wire A 5% Butler Bros 14 Cent Pub Serv Class A 4 Cent Ac So West ' 1% Cities Bervlce 34 3% 3% Commonwealth Edison.. 73 70 s , 72 5 , Cont Chicago 4 Cont Chicago pfd 13 114 12 Cord Coro 3 2 s , 2 s , Corn Securities 4 Orlgsbv-Orunow 1 4 1 Hart-Carter 3 s , 3% 3% Houdallle-Hershev A... ss,5 s , ... ... Houdatlle-Hershev 8... 3 I s , I s , Insull Util Invest 4 Instill Util Inv pfd 2d sr .. ... 4 Libbv-McNeil 14 14 IV, Mid West Utilities % 4 4 Missouri Kansas Pipe L 4 Natl Elec Pwr A 14 Nat! Secur Inv ctfs 30 Noblitt Sparks Ind Inc 13 s , 1.1 134 Perfect Circle 184 18 18 Pines Winterfront 12 Public Service N P 59', 57 59 Quaker Oats ... 78 Raytheon VTC % Ross Gear 19 Standard Dredging Cos % Swift Ac Cos 10% 9 s , 10', Swift Internacional ... 15% 13 144 U S Radio Ar Tel 6 Utility At Ind pfd 6% Vortex Cup Cos 7*4 Walgreen 9 s , 9% 94 Yates Machine *4 V, V, Zenith Radio 4
New York Curb Market
(Bv Thomson Ac McKinnoni —May 6 . Close. Close. Alum Cos of Am. 28 Int Pet io% Am Cvanamld.. 2 s ; Mead Johnson.. 42 Am Gas Si El.. 27% Midwest Util ... % Am Lt Ac Trac.. 16%1Mt Prod 2% Am Sup Pwr... 2 iNat Aviation.... 3% Ass Gas Ac Elec. 2%iNewmont Min.. 8 Braz Pwr Sc Lt B%iNia Hud Pwr... 4% Can Marc .... % Pitt Glass 15 Cent Sts Elec.. %!Penroad 1% Cities Service. .. 4 St Regis Paper.. 2% Cons Gas of Bit 53 ‘Salt Creek .... 3% Comm Edison.. 73 tSel Indus % Cord 2 s , So Penn Oil ... 12% Deer & Cos 6 'Std of Ind .... 17% El Bd Ac Sh 13% Std of Ohio 25 Ford of Can... 7% Stutz 11 Ford of Eng .. 3%!Un Gas A 1% Goldman Sachs I%'Un Lt Ac Pwr... 3% Gt A Sc P 12% Un Verde 2% Gulf OU 31 Ut Pwr % Humble Oil ... 39 ‘Un Pndrs 1% Imp O Uof Can 8 1
Net Changes
NEW YORK. May 6—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. os. Allied Chemical 58'i 5 American Can 41', 4 J - ... American Telephone 101 1 4' 2 ... Atchison ex dividend33 l , 2> ... Auburn 37'. 4’ ... Bethlehem Steel 14 *„ 1 7 , ... Case 23i, ... Chrysler -' J, ... Consolidated Gas 51 s , 2 7 , ... Du Pont 30' 2 2, ... General Electric 14 7 IS ... General Motors 11 Vi 1V ... International Nickel 5S V, ... Kennecott 7'/, > 2 ... Loews Inc 23", 2> ... New York Central 15S IS ... North American 25', 2S ... Pennsylvania 11 \ ... Sears Roebuck 18 2Vs ... Standard Gas 18 s * 1 Standard Oil New Jersey... 35‘ 2 IS ... Texas Corn 11H IS ... Union Carbide 19'/, IS ... Union Pacific 53S 4 ... V S Steel 80S 3S ... Westlnghouse Elec 24 3 , 2S ...
chalk off Howard county, the home of Fredrick, and Fayette county, residence of Jim Carpenter, chief of the auto license bureau, and also a head man of the opposition. • n * A1 Clark, of Cayuga, another of the "antis,” apparently won only 4 of the 9 votes in Parke county and from all indications, even if the McNutt forces are stretching the bow a bit, he evidently has the nomination safely tucked in the pocket of his weskit. The "antis" thought they had the former legion commander on the hip when he did not send an enswer to the questionnaire of the Municipal Rights League, which is fighting the utility gouge in the state. But three or four days later. McNutt crashed through with a statement which was published all by itself and got him a wad of favorable publicity. Now a little bird, the same one mentioned so frequently, whispers that McNutt sent his answer to H. Karl Volland, mayor of Columbus and acting president of the league, and not to Jap Jones, its publicity man and employe of the secretary of state, and thus fooled Jap, who was going to lump it with the rest of the answers. NEW YORK COFFEE RANGE —May 6 High. Low. Clos*. March 6 39 6.38 6 38 Msv 6.50 6 42 6 50 Julv 5 55 6 50 6.55 September 6.47 6 38 6.47 December 6.39 6.34 6.37 Volunteer women at the head of ward organizations of the Marion County Association for Tax Reduction. will be guests at the first of a series of "Modem Boston Tea Parties,” in the meeting room of the association 709 Continental Bank building, bMonday afternoon at 2:30, "
THE INDIANAPOLIS TIMES
PORKERS SHOW STEADY TREND AT CITY YARDS Cattle, Calves Unchanged at Previous Levels; Sheep Undeveloped. Hogs were steady this morning at j the city yards, prices In line with Thursday* average on all classes, i The bulk, 100 to 350 pounds, sold ' for $3.35 to $3.75; early top holdj ing at $3.75. Receipts were estimated at 4,500; holdovers were 245. Cattle were steady and strong. Receipts were 400. Vealers held unI changed at $6 down. Calf receipts were 700. Sheep were undeveloped with indications steady. Receipts vfrere 1.400. Hogs at Chicago displayed an uneven trend at the opening with asking around 5 to 10 cents or more higher than Thursday's average. Few early bids ad sales held fully steady. The bulk, 180 to 200 pounds, were bid $3.75; best kinds held above $3.85, while choice of 250 pounds sold at $3.50. Receipts were estimated at 19,000, including 10,000 direct; holdovers 6.000. Cattle receipts 1.000; calves 500; market steady. Sheep receipts 10,000; market strong. HOGS April. Bulk. Early Too. Receipts. 39. 83 359 3.75 *3.75 4.000 30 3.35$ 3.75 3.75 2.000 May 2. 3.5042 3 90 3 90 4.000 3. 3.5062 3 90 3 90 4.000 4. 3 509 3 99 3 90 4.000 5. 3.35 ft 3.15 3.75 6,000 6. 3.35$ 3.75 3.75 4.500 Receipts, 4,500: market, steady. (140-180i Good and choice.. .8 3.75 —Light Lights—-(l6o-180) Good and choice... 3.75 —Light Weights—-(lßo-2001 Good and choice... 3.75 <2OO-220! Medium and good.. 3.65$ 3.70 —Medium Weights—-(22o-250) Good and choice... 3.55# 3.65 (250-290) Medium and g00d... 3.45*5 3.50 —Heavy Weights—-(29o-350) Good and choice... 3.35® 3.45 —Packing Sows—-(3so-500) Medium and g00d... 2.50$ 3.00 1100-130) Slaughter pigs 3.75 CATTLE Receipt,, 100; market, steady. Good and choice 8 5.75® 7.50 Common and medium 3.50$ 5.75 11.100-1,800) Good and choice 5.7542 7.50 Common and medium 4.50$ 5.75 —Heifer*— Good and choice 5.25® 6 50 Common and medium 3.50$ 5.25 —Cow*—— Good and choice 3 2542 4 50 Medium 2.75# 3.25 Cull and common 1.50$ 2.75 —Bulla (yearlings excluded' Good and choice beefs 3 00® 3.75 Cutter, common and medium 2.00# 3.00 CALVES AND VEALERS Receipts, 700: market, steady. —Vealers— Good and choice * 5 5042 6.00 Medium 4 00# 5.50 Cull and common 2.50$ 4 00 —Calves— Good and choice 3 50 ® 5 no Common and medium 2 50$ 3.50 —Stocker and Feeder Steer*— Good and choice 4 50® 6.00 Common and medium 3.50# 4.30 (600-1.500) Good and choice 4.50® 6 00 Common and medium 3.50# 4.50 SHEEP AND LAMBS (Shorn Basis' Receipts. 1.400; market, steadT. Good and choice * 6.00® 6.50 Spring lambs 5 00# 8.00 Common and medium 4.004 r 6.00 Ewes, medium and choice... 2.25$ 3.(J0 Cull and common I.oo# 2.35
Other Livestock
By United Prett CHICAGO. May Hogs—Receipts. 19.000; including 10.000 direct; active, strong to 10c higher than Thursday's average: 170-210 lbs.. 83.70W3.80; top. $3.85; 220-250 lbs.. $3.5503.75; 260-350 lbs.. $3.304,3.55; 140-160 lbs.. $3.60W3.80: pigs. $3.2503.65; packing sows. 82.85W3.15; light lights. 140160 lbs., good and choice. $3.604,3.80: light weights. 160-200 lbs., god oand choice. $3.65 03.85: medium weights. 200-250 lbs., good and choice. 83.50W3.85: heavy weights. 250350 lbs. good and choice. 83.30W3.65: packing sows. 275-500 lbs., medium and good, 275-320; slaughter pigs, 100-130 lbs., good and choice. $3.2503.65. Cattle—Receipts. I. calves. 500: aualltv plain, hardly enough here of any class to make a market: prices about in line with Thursday. Slaughter cattle and vealers—Steers. 600-900 lbs., good and choice. 86W7.50; 900-1100 lbs. good and choice. 86.25W7.50: 1100-1300 lbs., good and choice. $6.254,7.75; 1300-1500 lbs., good and choice. 86.25ki.715: 600-1300 lbs., common and medium. $4.50 W 6.25: heifers. .'SO-850 lbs., good and choice. 85.25416.25: common and medium. 53.75kD5.25: cows, good and choice. 53.50‘5 1 4.75: common and medium, low cutter and cutters $1.25kt2.50: bulls, vearlings excluded. good and choice, beef. 83W4.25: cutter to medium. 82.50W3.10: vealers. milk fed good and choice. 85.75w6.50: medium. 54.50W5.25: cull and common. 83W4.50. Stocker and feeder cattle—Steers. 500-1050 lbs., good and choice. $596: common and medium. 53.75 ft V Sheep- Receipts. 10.000: slow, mostlv steady; plain Quality considered: good clipper lambs. $6: asking above $7 for choice woolskins: few native springers. 57.50W8: bucks out at $6.50w 7. Slaughter sheeo and lambs—Soring lambs, good and choice, 87.50 W 8.25: medium. $6.75 7.50: common. $645/6.75: lambs. 90 lbs. down, good and i.hoice. $64/6.75; medium. $5 254/6: 91-100 lbs. medium to choice. $5 W 6 65: all weights common. S3.SOW 5: ewes. 90-150 lbs., medium to choice. sl4/2.25: all weights, cull and common. [email protected]. By Timet Special LOUISVILLE. May 6—Cattle—Receipts. 200; market, steady: bulk common and medium slaughter steers, and heifers. $4.5095.25; best to $6 or better: beef cows $3.50 down; low cutters and cutters, mostly 81.25W2.50: bulls largely $3.25 down; bulk light stockers, $4.5005.25. Calves — Receipts, 275: market, steady; good and choice vealers $494.50: medium and throwouts $3 down. Hogs—Receipts, 600; market, steady; 170-220 lbs.. $3 40; 225255 lbs.. $3.10: 260-295 lbs.. $2.75; 300 lbs. up. $2.25; 140-165 lbs., $2.80; 135 lbs. down. $2.40; sows. 81.25W2; stags. sl. Sheep—Receipts, 1.000: general quality very desirable, market, fully steady; bulk better spring lambs. $8 to mostly $8.50: most light lambs around 65 lbs. down, 564/ 6.50: throwouts $5.50: old crop lambs, $5 down to $3 for throwouts: most fat ewes $2 down Thursday's shipments—--40 cattle; 255 calves; 377 hogs, and 1.275 sheep. By United Prut CINCINNATI. 0., May 6—Hogs—Receipts 2,600. including 187 direct: held over 300; general market not established: a few sales unevenly steady to 10c higher: some 160-215 lb. averages, 10c higher at $3.90: others held firmly at this price with bids steady at $3.80: some 240-260 lbs.. $3 5093.60: 120-150 lbe . $3 65; sows. $2 50 62.75. Cattle—Receipts. 500. calves. 400: generally steady with some strength In spots in cows, supply light: odd lots common and medium steers and heifers. $4.25 65.25: a few better finished. 85.75W6; beef cows. $3.5064: low cutters and cutters $1.7593: mostly $2 up: bulls $3.50 down: vealers mostly steady: spots 5c higher on choice kinds Including one straight deck on shipping account at $6: better grades generally $565.50 SheepReceipts. 600; market, slow: about steady: better grade spring lambs mostly $8 50: choice quotable up to $8.75; common and medium $67 50. old crop clippers quotable $6 downward; aged ewes weak at $1 32 mostly. By United Pmi FT. WAYNE. Ind.. May 6.—Hogs—Market steadv: pigs. $3.2563 35; light ltghts. $3 35*73.50; ltghts. 83.50 W 3.60: mediums. $3 35W 3 50; heavies. $2003.35: roughs. $2.75; stags, $1.75: calves. $5.50; lambs. $5.50. By United Preu LAFAYETTE. Ind.. May 6—Hogs—Market. steadv: 160-200 lbs . $3.50 : 200-210 lbs.. $3 45: 210-225 lbs . $3.40: 225-235 lbs.. $3 35: 235-250 lbs.. $3.30: 250-275 lbs. $3 25: 275300 lbs.. $3 20: 300-325 lbs.. $3.10: 130-160 lbs.. $3.35: 100-130 lbs.. $3.25; roughs. $2 60 down: top calves. $5; top lambs. $6. By United Prett CLEVELAND. May 6.—Hogs—Receipts. 11. holdover none; market, mostly steady: pigs and some bid oil others lower: 140-230 lbs.. $3.90 down: 240-300 lbs. 83.60 ft 3.70; pigs. $3 5093.75. Cattle —Receipts. 200; steady to 25c lower; clearance incomplete; most sales light weight steers. $5.50 for common to medium mixtures. part load good 1035 lb. weight, $6.75: cows and bulls satody. Calves—Receipts. 150; steady, but slow: better grades $5.5066: others downward to $4 and under. Sheep—Receipts. 400: market, steady: most lambs $6.50; grade choice: medium throwouts. $5; others downward to $1.50; spring lambs scarce. By United Press PITTSBURGH. May 6 Hogs— Receipts. 1,500: market steady to strong: 140-215 lbs.. $3 85 8410 : 220-260 lbs. $3 604/3 *5. pigs. $3 Mj 3.75; packing sows. $2 2562.75. Cattle —Receipts. 315; market, unchanged: medium to good steers quoted at $5,254, 6.75: heifers. $4.506 5.75; medium to good cows. $3.1564.25: lower grades, $1.50*7 3; sausage bulls. 82 85W3. calves—Receipts. 100: market, alow, steady: good to choice vealers. $586. Sheep—Receipts. 500; market. choice shorn lambs steady at 66 •608,
Times Radio Dial Twisters
STATIONS OF THE NATIONAL BROADCASTING COMPANY
WEAF Network WJZ Network RDKA wm RTHS I*4o WCFI 7 WM 40 7 WJZ * WSAI 1336 CWGW 680 KVOO 116 HCKY • WGT 7*B WLS *7 WSB KOA B*B E.TW i etc WDAF f|# WHA9 tt# WLW *BB WSM M KHBC 83# WB4I I4M WENS 7 WHO 1668 ROC I#** WTAM "*7O RATP 1 tee WRAP •* WFAA VP WJR 7M WOW 'M WTK Ua
STATIONS OF THE COLUMBIA BROADCASTING SYSTEM (V ABC Am WBBM 770 WRHC MO WOWO 1100 WCCO 93* Roll *2OO WPG 1106 WON 7*B WIAU 64# WFIW *4B CRAC 7*B CFRB 388 WBT 10*0 WJJD U 8 KFU D 1046 WFBM 1330 WLAC 1478 K.WOX HM
—A P. SLOBS—Laboratory experiment series. WBBM 1770'—Dance hour. NBC—Bv Culbertson, bridge lesson to WEAF NBC— Danger Fighters to WJZ. —6:15 P. M CBS—Abe Lvman and orchestra. NBC—Civic concerts service to WEAF. —6:30 P. M CBS- Life stories of Movie Stars NBC—Nat l, advisory council to WEAF WJR (750 1 —u. of Michigan program NBC—Selvins orchestra to WJZ WLS 1870* —Old time party. —7 P. M KYW (1020)—Master's orchestra CBS- Vaughn De Leath and Berren's orchestra WBBM (7701—Mallory s orchestra. NBC -K-7 drama to WEAF WGN ) 7201—James Whltcomb Rilev. NBC—Koestner ensemble to WJZ WLS (870 i— Musical program. WMAQ (670'—News of the air WJR (750)—Pettis' orchestra. —7:15 P. M.— CBS—Piano team. * —7:30 P. M.— KTHS (1040*—Grosso's orchestra. KYW ilo2o9i—Agnews orchestra. CBS—lsham Jones orchestra. WBBM (770—Coon-Sanders' orchestra. NBC Wirges orchestra: artists to WEAF. WGN 17201—Alley ton Glee Club. NBC—The First Nlghter to WJZ. —4 P. M.— NBC Catholic hour to WENR. WGN (720) —Wayne King’s orchestra. NBC- "Every Mother's Son” to WJZ. —4:15 P. M.~ WMAQ 1670)—U. of Chicago Round Table. —4:30 P. M.— WBBM (770) —Howard Neumiller. NBC —O ur American schools to WEAF. CBS—Brigode's orchestra. WGN )720)—Weems orchestra. NBC—Variety program to WJZ. —1:45 P. M WMAQ (670)—Garden talk. —5 P. M.— KYW (1020)—Panico's orchestra. CBS—The World s Business. NBC—Broadcast from Germany to WEAF. WGN 1720 Symphony. NBC—"Golden Blossoms” to WJZ. —5:10 P. M.— KYW (1020)—Sports Reporter. —5:15 P. M.— NBC—Godfrey Ludlow, violinist to \\*JZ. —5:30 P. M.— NBC—Orchestral Gems to WEAF. NBC—Three Bakers to WJZ WMAQ (670i —Sports. —5:45 P. M.— WBBM (770)—Sports. WMAQ (670)—University of Chicago chats. —6 P. M.— CBS—Pianist, concert orchestra. KYW (1020)—Panico's orchestra. WBBM (770)—Dance hour. NBC—McCravy Brothers to WJZ WGN (720)—Concert. —6:30 P. M.— CBS —Highway Traveler.
WFBM (1200) Indianapolis Indianaoolls Power and Light Company SATURDAY P. M. 5:30—D0-Re-Me (CBSi. s:4s—Bohemians. 6:oo—Laboratory experiment (CBS). 6:ls—Abe Lvman's band (CBS*. 6:3o—Poems bv Big Rich. 6:4s—Bohemians. 7:oo—Arnold Peek Columbians. 7:ls—Gray and Braggiotti cCP.Si. 7:3o—lsham Jones orchestra 'CBS'. B:oo—Music that satisfies 'CBS'. B:ls—Public Affairs Institute iCBSi. B:4s—Street Singer )CBS<. 9:00--Don Redman orchestra <CBSI. 9:3o—Downev and Wons (CBSi. 9:4s—Biltmore orchestra tCBSi. 10:00—Guv Lombardo and Roval Canadians -CBS'. 10:30—The columnist. 10:45—St. Moritz orchestra (CBS'. 11:00—Atoo the Indiana roof 11:45—Arnold Peek orchestra. 12:15—Louie Lowe orchestra. 12:30—8ign off. SUNDAY A M B:oo—Church of the Air 'CBS' B:3o—Grenadier Guards Band 'CBS'. 9:oo—Jake's entertainers. 9:3o—Christian Men Builders. 10:30 to Noon—Silent. 12:00 Noon—Sons of Eli (CBS*. P M 12:30—Coca Cola hour (records). I:3o—Symphonic hour 'CBS'. 2:oo—Cathedral hour (CBS'. 2:3O—C. M. B. Mother's day program. 3:oo—Pastorale (CBS). 3:3o—Chicago Knights (CBB>. 3:4s—Outdoor talk tCBSt. 4:oo—Wheeler City Mission 4:3o—Roses and Drums tCBSi. s:oo—Second Presbyterian church. 6:oo—Ernest Hutcheson and orchestra • CBS'. 6:3o—Highway Traveler (CBS). 6:4s—Mason and Dixon. 7:oo—Ever-Readv Gaieties (CBS'. 7:3o—Louie Lowe I. A. C. orchestra. 7:4s—Arnold Peek Columbians. B:oo—Hopper Radio Show <CBS>. 8:30 —Zlcgfeld Follies of the Air (CBSi. 9:oo—Gauchos iCBSi. 9:ls—Bohemians. 9:4s—Atop the Indiana Roof. 10:00—Coon-Sanders orchestra iCBS'. 10:15—Late news. 10:30 —California Melodies iCBSi. 11:00—Atop the Indiana Roof. 11:30—Sign off. WKBF (1400) Indianapolis (Indianapolis Broadcasting. Ine.) SATURDAY PM 4:3o—Late sport news. 4:4s—News flashes. s:ls—Harry Bason. s:4s—Contest. 6:oo—Cecil and Sally. 6:2s—David Lawrence dispatches
Bright Spots of Business
By United Pres* DETROIT. Mav 6.—Deliveries by De Soto dealers during the week ended April 30 totaled 1.885 cars. ■ gsin of 6 per cent over the preceding week, which was anew record. LITTLE ROCK. Ark.—Missouri Pacific lints reopened the southern division shops at north LITTLE ROCK, returning 790 men to work after a shutdown since March. AUSTIN. Tex.—More than the usual seasonal increase of building and general business activities took place in this district during March, accordir-g to the federal reserve bank of Dallas report. NEW YORK—Wheat and flour exports from the United States and Canada for the week ended Mav 3 totalen 7.490.447 bushels, against 6.936.089 bushels in the preceding wek. Bradstreet's ■ tported.
In the Cotton Markets
CHICAGO —May 6 High. Low Close. January .............. 6.37 623 6.37 March 6 53 6 39 6 53 Mav 5 83 July 5 94 5.77 5 94 October 6 18 6 00 6 16 December 6.29 6.14 6.29 NEW YORK Januarv 6.32 6.14 6 30 March 6 48 6 32 6 46 Mav 5.74 5 58 5.71 July 5 85 5 70 5 84 October 6.10 5 81 6 07 December 6 23 6 07 6.21 NEW ORLEANS January 6.27 6.12 6.27 March ... 6.44 6 31 6.43 July 5 85 5.66 5.84 October 6.07 5.89 6.06 December 6.21 6.03 6.20
SATURDAY —7:80 P. J*.— t WSM .650)—C-aig s orchestra. songs. —8 P. M KYW Uo2o>—Maupin's orD chestra. CBS—Shtlkret's orchestra and Ruth Etting WGN )720(—Roberts* orchestra. NBC-Dance orchestra to ■ WEAF WJR .750)—Rhvthm Club. NBC -Male auartet to WJZ. WSM (650'—Barr, dance. —:IS P. M 1 CBS—Public Affairs Institute. l N’BC Snooo Ac Peep to , WMAQ (670)—Pages from Life. —* 30 P. M WBBM )770i—Russo's and Soecht's orchestras. WGN 1720)—Lawrence SalI erno and orrhestra NBC Pianist and organist . to WJZ WMAQ , 670 < Stamp talk: dance masters. —g;IS P. M.— CBS-Street Singer. , NBC McCravv Bros. to i WJZ. —9 P M.— IKDKA * 980. Snorts; news. • KYW 11020'—Sports: news. CBS-Redman's orchestra. ■ NBC—Russ Columbo and ori chestra to WEAF, 'WGN < 20' —Musical Mosaics: Dream ship. NBC-Slumbcr music to WJZ. . NBC Amos 'n' Andv to WMAQ. WDAF. WSM. WLS WSB. KTHS. —9:15 P. M ■ XDKA (9801—Messages to explorers. NBC—Jesse Crawford to WEAF. • WTMJ (620.-Sports. > —9:30 P. ALKY W< 1020. —Padded Fists ( CBS—Morton Downev to ' WFBM. ' SUNDAY —::tn p. m.— > WMAQ <67o)—Sunday Eve-' | nlng Club. —6:45 P. M.— ■ CBS—Angelo Patri. —7 P. M CBS--Belle Baker and Denny s orchestra WBBM (770 > —Speed Demons. . NBC—Our Government to WEAF. 1 —7:15 P. M.— NBC—Music Album. Frank Munn. tenor to WEAF NBC—Stag Party to WJZ. ' —7:3# P. M.— CBS—Sosnik's band and male quartet. —7:45 P. M NBC—Black's orchestra: revelers ouartet to WEAF. NBC—Making the Movies to WJZ. , WSM i6so>—Service*. P. M.— CBS—Variety show. ' WON (720t—Studio. NBC "What Would You Do?” to WEAF. —8:15 P. ALKY W 110201—Terrace Gar- . den orchestra WENR 18701 —Edison sym- _ nhonv. .NBC—Orchestra award pro-, gram to WEAF. ' N^VJZ° ld SlnK ' nK Master to —8:30 P. M.— CBS—Ztegfeld radio show to WFBM. WBBM (770)—Coon-Sanders' fl orchestra. —8:45 P. M.— • N ®Cl--CJihson ensemble to WMAQ (670) Dramatization. "WSM (650) Little symphony. >| —9 P. M KDKA (980) Sports; | weather; studio. CBS—The Gauchos. (720)—Studio: Dream i Ship.
i 5 B. Hiner. 5-ivtsi nner _. dßnce 7.oo—Edmund Breese. Vi£~i* T J. y and Charlie. p * tM ' •iofcatof""' B “ i!-mZn2 b . S ' l £ Ki L trlck ' s orchestra A M ° B > rd at the 12:30—Showboat orchestra. WLW (700) Cincinnati P M SATURDAY j ** nnounced. V3o=§o U h Ne r S h hX S ° rChMtr * —2 ld man sunshine. 5 ?2~ p t anut Pietro. 6 iwjß^ hvU,m C,ub with Bob Nolan - nAZ? ros i ev Thea,,r of the Air. 4-0 O— To be announced. * 22 —Xpe first nighters ;NBCi. £ The Croslev Follies. " ’o—To be announced. 9:oo—Trial of Vivienne Ware. 9:jo—Sax Sextette. —Headlines of vesterdav. !2 25 —Octavio's Rancheros. 10:30—Doodlesockors. AM SINDAF * 22 —children s hour 'NBC'. B:oo—Church forum. Rabbi James G. Heller. B:3o—Fiddlers Three (NBC). —A song for today *NBCi. 9 00-Morning muslcale (NBO*. Art ouartet (NBCt. 15 —Orsran and Threesome. 10:30—Rancheros. 11:00—Symphony orchestra directed bv Erno Rapee (NBC). P. M. 12:00 Noon—Leslie Howard (NBCi. “ M. 12:30—Ye®st Foamers (NBC*. }'S2 —Conservatory of music recital. I:3o—Garden party (NBC). 2:oo—Theater of the air. 2:3o—Trio and orchestra. 3:oo—Plantation davs. 3:3o—Guardsmen (NBC). 4:oo—Croslev chair. 4:3o—Roamios. s:oo—Curtain Calls. s:3o—Three Bakers (NBC*. 6:oo—Boris Godounoff (NBC'. 7:oo—Gus Arnheim. 7:ls—Stag partv iNBCi. 7:45 Making the Movies. Rav Knight WBv • 8 15—The Old Singing Master iNBC*. B:4s—Casper Reardon, harpist. 9:oo—Gus Arnheim. 9:3o—Moon river. 10:00—Wm Stoess and his flying Dutchmen. 11:00—Nctherland Plaza. 11:30—8ign off.
Fishing the
The storv of the discovery of the* cure or treatment of Derniclous anemia bv Dr George Minott will be dramatized in "Out of the Darkness" during the Danger Fighters program Saturday, at 8 p. m. over WHAS and NBC network. Bartlett's “A Dream” and “Tam Thumb’s Dream” are to be played in rhythmic style by Ben Selvin's orchestra In (he Dance With Countess D'Ortav program over WLW and NBC network Saturday, at 6:30 T. M.
HIGH SPOTS OF SATURDAY NIGHT'S FROGRAM. 4:4S—NBC and CBS Kentucky Derby. 6:00 —Columbia Laboratory Experiment series. NBC 'WEAF'—EIy Culbertson, bridge lessons. 6:15 —Columbia—Abe Lyman and his orchestra. 6 30—Columbia Life Stories of movie stars. 7 00— NBC 'WEAFi—' K-7” Secret Service spy story. 7 30— NBC iWJZ*—First Nighter— Southern Belle.” 8 00—Columbia—Music thst Satisfies Ruth Ettmg: Bhilkret s orchestra. NBC iWEAF>—Dance orchestra. 8 15 —Columbia Public Affairs Institute. 10:05 —NBC >WEAF<—Buddy Rogers and orchestra.
"Machine's and Monoffcnv" is the tooic to be studied bv Morris 8. Vltelea. professor of psychology. University of Pnn-
—8:38 r. M • NBC— Johnny Hamp • orchestra to WEAF. WJR .750.—The Mummers . NBC—Plano Moods to WJZ. WLS 8701- Barn dance ! WMAQ )870)—Dance masters —6:45 P. !*.— ' WON (720 —Wavne K:ng s orchestra. 1 NBC—Ted Cook and orchestra to WJZ —l# P. M KYW (1020' —Master's orchestra. CBS—Lombardo and Roval Canadians. , NBC —Buddv Rogers orches- ’ tra to WEAF. WJR 17501 —Radio Reporter; String Pickers. NBC—Funk's orchestra to WJZ WMAQ (670'—Dance program '2 hours). WTAM (1070 i— Snorts; dance orchestra. WTMJ 16301 —Dance orchestra. —18:15 P. M.— WGN *72oi—Ted Weera's orchestra. ► —10:30 P. M.— CBS—Stern's orchestra NBC - Jordon's orchestra to WEAF NBC—Agnew's orchestra to WJZ. —18:45 P. M.— WGN 17201 —Roberts and Kav's orchestra*, i —II P. M.— ,KY W 1020)—Panico's orchestra KSTP ) 14601 —Dance program. WBBM (770)—Around the , town. WENR (870)—Hines’ orches- , tra. —11:30 P. M.— WENR (870) —Master's ori chestra. —11:45 P. M.— i WDAF (610) Night hawk frolic. —9 P. M.— WJR 17501 Happy halfhour. —9:15 P. M NBC Dream Singer to WEAF. WMAQ (670)—Auld Sandy. WSB (740 —Local features WTMJ (6201—Sports; Polish hour. —9:30 P. M.— KYW* (1020)—Sports: news; Master's orchestra. CBS—Melodies. NBC—At Seth Parkers to WEAF WGN (720) —Kay's orchestra. NBC—Lee Sims, pianist to WJZ. —9:45 P. M WGN (7201 —Wayne King's orches ra. NBC—Cellist to WJZ. —lO P. M CBS—Duchin's orchestra. NBC—Black's orchestra to _ WEAF. NBC—Wm. Stoess orchestra to WJZ WTMJ (6201—Dance program. —10:15 P. M.— KYW (1020)—Canton orchestra. WGN (730)—Ted Weem s orchestra. —10:30 P. AL—NBC—Larrv Funk's orchestra to WEAF. ££sl~*' a l i * ornla melodies. WTMJ (1070) Orchestra program. —10:45 P. M.— KYW (1020)—Master’s orchestra. WBBM 1770) —Bernie's orchestra. WGN (720)—Kay's and Kassel s orchestra. —1! P. M.— WENR (870i—Hines' orchestra. WBBM (770)—Around the rown. —11:15 P. M.— KWW >lo2ol—Canton ortra* tr *’ Master s orches-
Air
svlvanla. In the Psvchoiogv and Industry series of the National Adrtaorv Council on Radio In Education program over WTAM and NBC network Saturday at 6 30 o. m. The tone of a frozen music bo*, the song of eggs, bacon and coffee, and the blasts made bv crumpling feather* and rose octal* will be demonstrated when the experiments with llould sir and other materials are broadcast during the next nrocram of the Laboratory Experiment series over WFBM and the Columbia chain. Saturday, from 6 to 6:1 p. m. Jsrqne* Fray an! Mari# HraggietU. nimble-fingered plan* team *k, hay* seored in eoneert both In this coanlrv and abroad, will combine opera gem, and enrrent dance melodies in their recital to be bromdca*t ever WFBM and the Colombia network Saturday, from 7:15 to 7:30 p. m. Ruth Etting will stng “Shine On Harvest Moon." the 20-vear-old song she revived for a nation, when she appears with Nat Bhllkre's orchestra on the_ot'?* r ßm Saturday at 8 p m.. over WFBM and the Columbia network.
Day Programs
WFBM (1200) Indianapolis Indianapolis Power and Light Company MONDAY A M 7:3o—Pep Club 9.oo—Women's hour. 9 45—Child health program in 00— Lester Huff organ pregram 10 15—Transcription 10 20—Silent. 12:00—Farm program P M. 1 00 Society Reporter. 115—Salon orchestra 'CBS' 1:30 Sam Prager 'CBS'. 1:45 Four Eton Boys (CBS 2 o©~ Capttvators (CBS' 2 .10 Two Thirty Tunes. 3 00 to 5 30 -Silent. WLW (700) Cincinnati MONDAY A M 5 30—Top o’ the morning. 6:oo—Morning exercises. 6:ls—Talem Bureau 6.3o—The Round Table. 7:30--Beautiful thought* 'NBC'. 7 45—Earlv Burdette*, exercises. B:oo—Child Care and Training. Dr. Ada Hart Arlitt. 8 15—Pat Harrington B:3o—Musical varieties. 9:oo—Livestock reports. 9:ls—Threesome. 9 30—Talk bv Beatrice Fairfax (NBC'. 9:4s—Talent Bureau program. 10:00— Mail bag. 10:15—Pat Barnes (NBC). 10:30—Talent Bureau. 10:45—Morin Sisters. 11:00—Noondav musicale. 11:15—Mel Snyder's dance orchestra. 11:45—Market reports. 11:50—Livestock report* , „ 12:00 Noon—National Farm and Home period (NBC'. P M. , . , 12:30—Gus Arnheim's dance orchestra. 1:00—U. S Marine band (NBC'. 2:00 —Old Bill , . 215—Organ matinee. Herschel Luecke. 2:4s—Talrnt Bureau. 3:oo—Marcella Uhl. 3:45 The chafer.
Dow-Jones Summary
Hs'hfwav Bakeries declared a dividend of 37' 2 cents on cumulative $3 class A stock, against 75 cents Quarterly previously. Federal Screw Works in March quarter reported net loss amounting lo $1**1.469 after all charges. Vadsco Sales Corporation and subsidi- : aries in Quarter ended March 31. 1932. reported net profit of $83,114 after lv*preciaiion. federal taxes, etc., against $45,i 063 in first Quarter of 1931. Aluminum Industries Ins. declared a quarterly dividend of 12* j cents, against 25 cents in previous Quarter: dividend payable June 15. of record Mav 31. United Aircraft and Transport Corporation In March ouarter earned 12'cent* a common share, against 30 cents in March 1931 ouarter. Montgomery Ward sales In April amounted to $16,168,449 in April, 1981, a decrease of 21.3 per cent; four months amounted to $.5t.213.952 against $70,024,785, a decrease of 22.6 per cent. I | Parker Rust Proof declared the regular 1 quarterly dividend of 75 cents on common ' stock, payable May 20. of record May 10. American Radiator declared the regu-. .lar quarterly dividend of $1.75 on pre-. ferred stock, payable June 1. of record Mar 16. Zinc stocks In United States at end of April totaled 132 025 short tons against 129.451 at end of March and 143.212 at end of April, 1931. Curtiss Wri*ht Corporation in Marrh quarter earned rent* on Class A stock, I against net loss of $1,086,124 In March. 1981, quarter. Standard Power and Light Corporation ! in 1931 earned $2.68 a share on combined common shares, against $3.99 in 1930. i Grand Union Company in quarter ended i April 2. 1932 earned 32 cents a common share, agafnst 46 cents in like 1931 quarer. Curtiss Aeroplane ir. Motor Cos. ill March quarter showed net profit of $96,700 after all charges, against net loss of $46,515 In March 1931 quarter. Wright Aeronautical Corporation In March quarter earned 56 cent* a share, against net loss of $356,859 In March 1931 quarter. Bank of France statement as of April 29. shows gold at 77,862.000.000 francs, against 77.480.000.000 on April 22. circulation 82 - 774 000 000 against 81.145.000.000; ratio 70.33, against 70.21 per cent. Other Livestock By United Prett EAST BUFFALO, May 6.—Hofcs—On sale. 2 900 weights above 160 lbs. active, mostly to packers: steady with Thursday's uneven decline: good to choice 16°-200 lbs . $4.10; 225-235 lbs . $4; 240-260 lbs.. $$ 7te 3 90' pigs quoted $3.754,3.90. Cattle—Receipts. 75; cows predominating, slow, barely steady , cutter grades. $1,504/2 50; calves, receipts. 750; vealers rather slow, generally steaav; good to choice. $6; common and medium. s3*/4.50. Sheep—Receipts. 900; lambs, unchanged; quality and sorts considered; good to near choice clippers. $6 254t6 50; medium kinds. $5.75; choice woolskins. $7 35; odd lots good native springers, $8.50. By United Prett EAST ST. LOUIS. May 6—Hogs—Receipts. 5.000; market, active. 10il5c higher: top. practical. $3.70: few lots. S3TS: bulk 156-230 lbs.. $3 6003.70: 230250 lbs.. $3.5047 360 250-280 lb* . $3,404, 3.50; 100-140 lbs , $34x3.25; sows. 53.504* 2.65 Cattle—Receipts. 400: calves, receipts. 300; market, not enough steers on sale to make a market; vealers. 25c lower at $5.50: bulls strong; other classes steady In clean-up trade; mixed vearlings and neifers, $4 754/5 50; cows. $2 <543 50: low cutters, $1.2547 1.75; top sausage bulls. $3 Sheep—Receipts. 1.000: market, spring lambs opened strong to 25c higher, other classes scarce; bette. - spring lambs. s,ft j 7.75: most to city butchers; throwouts down to $4.50. By United Prett TOLEDO Mav 8— Hogs— Receipts, light: market, steadv: top $3 50® 3.85: mixed. $3.50®3.65: bulk. $3.5003.65: pigs. $3 25: lights. $3 2547 3.40: roughs. s24* 2.25. Cattle —Receipts, light: market, steady. Calve* —Receipts, light: market, steady. Bheep and lambs—Receipts, light: market, steady.
Cash Grain
—Mav 6 The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b,. shipping point, basis 41'ic New York Rate, -ere: Wheat—Strong: No. 1 red 46V947Ve: No 2 red. 45Vfi46Vie: No. 2 hard. 45V 414 e. Corn—Strong: No. 2 white. 2425 e: No. J white. 23 24c: No. 2 vellow 23 V. ©344c: No 3 vellow. 23ti®22Vic: No 2 mixed. 22',523',c: No. 3 mixed. 31* Oats—-Strong: No. 3 white. llfiJOc: No. 3 white. 18© 19c Hav—Steadv: <P o. b. country point* taking 236 c or .ess rates to Cincinnati or Louisville i No 1 timothv. *787.50; No. 2 timothv. $6*t6.50. —lnspections Wheat—No. 2 red. 2 ears: No. 3 red. 2 ears. Total. 4 cars. _ . Corn—No 2 white 1 car: No. 3 whit*. 1 car: No. 2 vellow. 8 ear* No. 3 vellow. 7 ears: No. 4 vellow. 1 car: No. 2 mixed. 3 cars. Total. 22 cars. Oats—No 2 white 5 car*; No. 1 white. 11 ear*. Total. 16 car*. RAW SUGAR PRICES —Mav 6 High. Low. Cioae. January *3 .79 .73 March 78 76 .79 Mav S3 .52 .53 Julv 61 J# .60 September 67 .66 .66 December 76 .73 .73
MAY 7, 1930
SOVIET BUYIN6 SENDS WHEAT PRICES HIGHER Corn, Oats Firm Up With Major Grain at Close of Day. BY HAROLD E. R AINVILI.E t Piled Pre„ Stall Corrr,pendent CHICAGO. May 6.—Led by May, wheat moved up briskly near the I close on the Board of Trade today , on short coverlnfr. The market was erratic and unsettled most of th day. Reports that Russia was in the market after more wheat and , the firmness in storks caused shorts ; to cover while the shoot in* of President Doumer of France was causing some uneasiness. Trade was fairly active on the way up. Corn firmed with wheat and oats also gained strength, both finishing with net gams. Close I* Higher At the close wheat was 1 to 1% cents higher, corn was % to 1 cent higher, and oats, S to \ cent higher. Rve was % to 2% cents higher. Provisions were dull but firmer. Liverpool strengthened on a better demand and flnushed 1% to 1% cents higher. Vancouver reported an active export trade with the j Orient. The better action in stocks ■ early had no effect. Cash prices were 'i to IS cents higher. Receipts were 17 cars. Corn Tone Firm Corn displayed a somewhat firmer tone than wheat early and held gains of % to \ cent at midsession. Sales to go east were 24.000 bushels against bookings of only 4.000 bushels. Cash prices were % to 2 cents higher. Receipts were 98 cars. Oats were firm, but showed no disposition to move from the previous close, standing unchanged to ’* cent lower at midmoming. Trading was quite dull notwithstanding a good cash demand. Cash prices were unchanged to cent higher. Receipts were 40 cars. Chicago Grain Range M*v 6 WHEAT— p r *v. mm Opsn. High. Low. Close close. May .53 35'. .53 .55', 33% July .old' 55 5 . .57% ,55'i .37', 58% Julv ins*' .55 s , .57% .55% .57 55% Sfpt iold' 5* .9% .58 .59 s , .58% Sept infwi .57 s , ,59 s . .57% .59% .58% Dcr 61% 62 s , .61% ,62 s , .61% CORN Mav 28 s , 30 28 s , 30 .29 Julv 32% .33% .3!% .33 .32 . Sept 34 s . .35% 34% .35% .34% Dec 34% .35% .33% .35 .34% OATS- - May 32 s , .23% .22% .23% 22 5 , Julv 22% .23% .22% .23 22 s * Sent 22% .2.3% .22% .23 .32 s , Dec 24% .34’* .24% .24% .24% RYE— Mv 36% .38% 36% .38% .35 s , Julv 38 s , .40% .38% .40% .38% Sept 41% .42% .41 .42% .40% Dec 43% .44% .43% .44% .44 LARD— May 4.17 417 417 417 4.15 Julv 4.27 4.30 427 430 425 Sept 440 4.42 440 442 437 Oct 440 4.35 BELLIES— May 4.10 410 July 420 420 Sept 437 440 By Timet Special CHICAGO. Mnv 6 -Carlots: Wheat. 26; corn. 140. oats. 52; rve 13. and barley. 4. By Timet Special CHICAGO, May 6 Primary receipts; Wheat. 470.000 against 834 000; corn. 522 - 000. against 397.000. oat* 250.000. against 162.000 Shipments: Wheat. 552.000. against 768,000; corn. 182.000 against 617,000; oats 591.000. against 369.000 By Vailed Vrcnt CHICAGO, May 6 -Cash grain close Wheat—No. 2 red 55 s ,c. No 3 red. s'ti 55%c: No 2 yellow hard, 56%c: No. 3 mixed smutty. 53%c Corn -No 2 mixed. 31%i32c; No. 2 yellow, 31%/32c; No 3 yellow. 31 %®tl %f ’ No. 2 white.33l,1 1 , ft 32e• No. 3 white. 31 %c Oat* No 2 white. 2.3%ft)24%c; No 3 white. 22';23%c: No. 4 white. 22’jc Bariev 41 55e. Timothy—*2.7s®3 Clover -58® 13 By United Prctt TOLEDO. May 6 Close: Grain in elevator*, transit billing Wheat—No 2 re. 57*t58c. Corn- No 2 vellow. 34 1 ?ft •35%c. Oats—No 2 white. 26%i27%r Rye—No. 2. 44%'<>45%c. Track prices. 28%e rale. Wheat —No 2 red. 52r52%c; No. 1 red 1c premium. No. 3 red % to 3c discount: No. 4 red 2%Me discount. Com No. 2 yellow. 30 r 'i3o' c; No .7 vellow 29c 29%c. Oats No. 2 white, 23' '.i25- No 3 white. 22%'24c. Clover Prime. 89 Alsike—Cash. *8.75. Better—Fancy creamery prints. 234124 c. Eggs- Extra*, 12® 12%e. Hay—Timothy per cwt., 80c.
Produce Markets
Delivered in Indianapolis prices: Hens, heavy breeds. 12c: Leghorn hens, lie: Broilers, colored springers. 2 pounds up. 17c: Leghorn and black. 1 pounds up 14c bareback and partly feathered 10c. Clocks and stags. 6c: Leghorn cocks. 4c. Ducks, large white full feathered and fat. 7c; small. sc. Geese full feathered And fat 5c Young and old guineas. 15c. Eggs - No. 1 current receipts. 10c. Butter. 26 to 27c: undergrades. 24 to 25c Buttertat 22c These prices for healthy stock free from feed bv the Wadlev Company. By United Prett OMCAGO May .-Eggs-Market. steadv receipts, 22.475 cases: extra firsts. 13'.(, .?. rsts - 12 ' j 47 13?4c; current receipts. ll'.®l2',c; seconds. 104* lie Butter—Market. unsettled; receipts. 11.153 tuba ex‘DSS. n'-.c; extra firsts. 16 3 ®l7c; firsts, 16ft 16',c: seconds. 144,15 c; standards. 17c Poultry—Market about steady: receipt* 1 r = ducks. Ilvil4c. geese Bc, turkeys. 15®20c. rooster*. 8c; broilers. 18ft 22c: Leghorn broilers 174; 18c; stags. 11c. Cheese Twins. 9 3 , h 10',c; young America*. 10‘ ,4/ <e. Potatoes- On track. 170. arrival*. 60. shipments. 650; market steady; Wisconi. ,I . round ab Hes. 804/90c: Idaho russe'x, $1,354/ 1.40: Texas triumph*. $4 250 4 50; Minnesota and North Dakota cobblers. 85c By Ini ted Prett NEW YORK. May 6—Potatoes Market, wuthern. $4 25*78 75 barrel Idaho, $2,154,2 40 sack. Bermuda. $6 50 (9 barI? 1 ;. M „ a ll e - *> 2* barrel: Canada. $1,354*2.50 barrel. Sweet potatoes- Market dull; Jersey baskets. 35c*/$1.50: southern baskets. 50*{85c. Flour—Market, quiet; spr ng patent*. $4 154/4 35 Pork-Market, dull: meu. $18.75. Lard Market, quiet: west spot |4 50'„ 460 per 100 lb* Lara—Market, easy; special to extra. 2\ti 2Hc. Dressed poultry—Market, dull; tur--134/ 30c; chickens. 15037 c; broiler*. 204,21 c. capons. 184/3Sc; fowls. 94/20c; Lon* Island ducks. l<Jc Live poultry Market quiet; geese. 7®l2c; ducks. Bft 13c; l®'*l6c: turkeys. 15ft2Sc; roosters. ch!c| tens. pullet*. 26/27e; broilers. 154j27c; capons. 24ft 35c. Cheese—Market. ?n^* dv .* wh o!e milk, fancy to special. lO'.a® 19c; young Americas. By United Prett .^ EVEL^ ND . Mav ••—Butter—Market. stMdv extra*. 21 'ic: standard*. 21c. Egg* ** tra first*. 13c; current Poultry—Market, steadv: /vJVT 15016 c: medium fowls. 16b oV** h ? rn w fowl, • heavy broilers. broilers. 17ft 19c: ducks. 12ft 14c: old cocks. 10c: geese, Bc. Potatoes—Ohio. New York Pennsylvania 600 Maln * Green Mt. $1 2501.35 per 100-lb. sack: Idaho Russet * 175 - medium to large. $1.6001.65 per 100-lb. sack. By United Prett CINCINNATI. May 6.—Butter—Packing No 2 - 11{ : No 3.9 c: Hols*- Egg/ Steady: cases included: Extra firsts. 12c; seconds 9'/c; nearby ungraded. Il'ic. Live, poultry Thin and coarse stock sell* only at heavy discount; lowls. 5 lbs. and over. 13c- 4 lbs. and over. 13'aC; 3 lbs. and over. 13‘ic; Leghorns. 3 lbs and over. 12'ac; roosters. 7c: colored broilers I IF and over. 18c; l'a tbs. and over. 21c: 2 lbs and over. 32'c: partly feathered. lSc: Leghorn broiler*. 1 lb. tnd over. 18c: l'i lbs *nd over 20c: 2 lbs and over. 31'as: buck springer* 12c: ducks, under 3 lbs sell *t liberal concessions: ducks, white. 4 !b* over. 13c; under 4 lbs . 10c: colored. 4 lba. and over. 13c: under 4 lbs . 10c: turkevs. No. 1 hen*. 8 lbs and over. 15c; yocof tom*. No 1. 10 lbs and over, 15c.
Local Wagon Wheat
Citv train elevator* are paving 43c for No 2 red wheat, anda 43e foe Ne. 2 hard wheat,
