Indianapolis Times, Volume 45, Number 58, Indianapolis, Marion County, 18 July 1933 — Page 11
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ROOSEVELT IS BELIEVEO NEAR ‘DOLLAR GOAL’ Stabilization Point Not Far Off, Assert Foreign Experts in U. S. BV WILLIAM PHILIP SIMMS .Srripp*-Howard Forelrn Editor WASHINGTON, July 17.—Anxious foreign observers here today were of the opinion that President Roosevelt's campaign for a cheaper dollar was nearing climax and that his goal was close at hand. The dollar, in their opinion, will not fall much below its present value, around $4.78, just 8 points from its old par of $4.80 to the pound, when both Britain and America were on gold. Likewise, in terms of commodity prices, the dollar was nearing the 1926 level, supposed goal of the administration. While everybody here is now aware that the President attaches "no magic'' to the old $4.86 dollarpound formula, few believe the British will allow the ratio to sink much below that point if they can help it. And apparently they can, since they have an exchange "stabilization fund" of nearly a billion dollars with which to play the game. Cite Many Reasons Thus the fact that 'he dollarpound ratio reached $4.78 just as the dollar approaches its 1926 value, as measured by the price index, is held to be significant. Economic advisers to fori ign governments here, therefore, believe the stabilization point is not 'ar off. In support of this contention they cite numerous additional reasons. While congress insisted the 1933 dollar was too high, they observe, it also failed to register tne slightest desire to return to the 1920 dollar, which was much too cheap. The administration made it abundantly clear that what it, w’as after was a happy medium, and the 1926 level was the one most frequently mentioned. 100 Average in 1926 The 1926 level was selected because in that year the average of the high and low prices of the 19201930 decade was reached. The commodity price index of the United States bureau of labor statistics then stood at 100 as against a 60cent dollar in 1920 and a 180-cent dollar in 1933. That President Roosevelt is seeking such a “commodity dollar,” it is pointed out, war. clearly indicated in his now historic note to the world economic conference at London in which he refused to stabilize the dollar on international exchange before stabilizing it at home in terms of price level. As the President now is regarded as being within striking distance of his main monetary objective, foreign experts believe he will soon make use of the pow’er given him by congress to lower the gold content of the dollar. Constant Dollar Possible But while he has authority to lessen it by 50 per cent, few believe he will go that far. Back in April, it is recalled, the influential committee for the nation—which comprises several hundred industrial leaders and the heads of the five national farm organizations—gave 42.8 per cent as the reduction necessary to raise the price level to the desired point. Since April prices have more than doubled in some important instances, and greatly improved all along the line. By reducing its gold content and adjusting the treasury price for gold from time to time, the committee said, the dollar can be maintained constant in purchasing power which, apparently, is what the President is seeking.
Fishing the Air
Schubert's famous serenade will be featured bv Marv Eastman when she appear. as soloist with Howard Barlow's orchestra. Tuesday, from 6 to 6:30 p. m. over WFBM and the Columbia network. An analysis of the chronic kidney diseases will be made bv Dr. Herman V Rundesen during Horlick's Adventures in Health broadcast Tuesday at <1:30 p. m.. WI.VV and NBC network. The haunting melody of Rimsky-Kor-snkoff's "Somt of India.'' the beautiful aria from the opera. ' Sadko." will be featured by Nn.o Martini, voung Metropolitan Opera tenor in his recital with Howard Barlow and the Columbia Symphony orchestra. Tuesday from 6 to 6 30 p. m . over WFBM and .he Columbia network. HIGH STOTS OF TUESDAY NIGHT'S PROGRAM. 6.OO—NBC (WJZl—Crime Club. "A Voice From Eden." 6 30- NBC (WEAFI Wayne King and his orchestra. NBC (WJZ) Adventures in Health. 7:oo—Columbia- M o and e r n Male Chorus. NBC -<WEAF) Ben Bernies 1 orchestra. NBC — i WJZI Philharmonic Symphony orchestra. 7 :30—NBC I WEAFI Fire Chief band and Ed Wynn's "Uncle." Columbia—Nino Martini and Columbia symphony. 8:00—NBC (WEAFI "Lives at Stake," sketch. NBC— (WJZI M u s i c a 1 Memories with Edgar Guest. Cotun.bia California melodies. 8 ■ Columbia—Light Opera Gems, "The Mikado." Sam and Carlisle, radio favorites. win feature a special harmony arrangement of. The National Prayer." during iheir regular broadcast at 545 p m. Tuesday, over WFBM
y<as. T une in WFBM VJr onight Jlwe-BA Melody Men Will play and sing the songs you like every Tuesday at 7; Friday at 7:30 p. m. Kotht. Wells A: Bauer Cos.
Radio Dial Twisters
—* p m.— j ;BS Mary EasMnan. soprano NBC - Sanderson Crumlt and Shilkrets orchestra to WEAF iWGN i72oi Kemp's orchestra NBC—Crime Club to WJZ. —6:30 P. M * CBS-- -Kate Smith. WBBM i77oj—Russell’s orj chestra. ! NBC Dr. Bundesen to WJZ NBC Wavne King and orchestra to WEAF. —: P. M KYW (1020j—Arnold ft Amber. CBS Novelty Rhythm* I WBBM )770i—Ted Lewis or- ] chestra I WON 1 720 1 Palmer ensem- ! ble NBC' Floyd Gibbons to WJZ.
—7 P. M CBS Modern Male Chorus. WBBM i77o>—Harris' revue. NBC- Ben Bernie and orchestra to WEAF WON 1 720 i— Sheasby's orchestra NBC Philharmonic symphony to WJZ. —7:17 P. M CBS—-Westphal's orchestra WON 1 720i—Agnew s orchestra. —7:30 P. M KYW (1020;—Fisher's orchestra. CBS—Nino Martini and Co- _ lumbia symphony. NBC—Ed. Wynn and band to WEAF'. KBBM (770)—Grier's orchestra: Harris' Revue. —1:15 P M KYW (1020)—Russell Glaves' band. CBS—World's Fair Invitation. —8:00 P. M KYW (10201—Cilote Trotter; Stein's orchestra CBS Page's orchestra. WBBM (770) Harriet) Cruise, songs.
YYFBM (1230) Indianapolis (Indianapolis Power and Light ComnwnyV TUESDAY P M. s:3o—Frank Westphal orchestra (CBS). s:4s—Sam and Carlile. 6:oo—Marv Eastman iCBS'. B:ls—Rhythm Rascals. 6 30—Kate Smith iCBSi. 6:4s—Cirole Citv program. 7:oo—Melody Men. 7:ls—Frank Westphal orchestra (CBS). 7:3o—Nino Martini iCBS). B:oo—California Melodies (CBS). 8 45—Light Opera Gems (CBS). 9:ls—Little Jack Little ICBS). 9:3o—lsham Jones orchestra iCBSi. 10:00—Freddie Martin orchestra (CBS). 10:30—Ozzie Nelson orchestra (CBS). 11 00—Bohemians. 11:15—Around the Town from Chicago (CBS i. 11 45—Bohemians. 12:00 mid.—Sign ofT. WKBF (1400) Indianapolis (Indianapolis Broadcasting. Inc.) TUESDAY P M s:oo—Dinner Melodies. s:3o—Short, Short Stories. s:4s—Masters Music Room. 6:oo—Knothole Gang. 6:ls—Dinner dances. 6:3o—Cecil and Sallv. 6 45—The Sportslight. 7:oo—Devore Sisters.. 7:ls—Don McGtbicey. 7:3o—Evening Moods. B:oo—Mirth Parade. 8 15—Bill Warren. B:3o—Trio. *
geaso®^ !ield © 1933. Ligctit & Myejis Tobacco Cos. 9MH
TUESDAY —8 P. M | NBC 'Lives at Stake’’ to WEAF WGN (720'—Rube Appleberry Bketch NBC Musical Memories— Edgar Guest to WJZ. —H:IS P M WBBM ) 770) —Gerun s orchestra —8:30 P. M WBBM (770)—The NorseI men NBC—Nat l Radio Forum to WEAF WENR (870)—Outdoor Girl : program. NBC—Miss Lilia to WJZ. —8:45 P. M CBB—Light Opera Genms. WBBM (770) Ted Lewis and orchestra. WENR < 870) —Weem's orchestra.
—9:00 P. M KDKA <9Bo)—Pettis’ orchestra. KYW (1020 >—Fisher's orchestra. NBC—Denny's orchestra to WEAF WGN (720'—Bridge Club: Dream Ship. NBC—Amos 'n' Andv to WSB. WSM. WDAF. W'MAQ WENR —9.15 P. M CBS—Charles Carlile. WENR (870)—Lum ft Abner. NBC Pickens Sisters to WJZ. WMAQ (870)—Dan ard Sylvia. NBC Floyd Gibbons to WLW. —9;30 P. M.— KYW (1020)—Canton orchestra. CBS—lsham Jones’ tra. WGN (7201—Wavne King’s; orchestra. NBC—Talkie Picture Time to WEAF. NBC Master Singers to WJZ. ’WSM (650)—W’aller Bros.
B:4s—Charles Frederick Lindsley. 9:oo—Marvel Myers 9:ls—Lum and Abner (NBC). 9:3o—Harry Bason. 9:45—T0 be announced. 10:00—Gordon Carper's orchestra. 10:30—Bob McKettricks orchestra. 11 00—Shorty Phillips orchestra. 11:15—Sign off. WLW (700) Cincinnati TUESDAY P. M. 4:00 —Tarzan of the Apes. 4 15—Three Moods In Blue. 4:3o—Musical Highlights. 4 45—Lowell Thomas (NBC). s:oo—Amos ’n' Andv (NBC). s:ls—Mooney Brothers. 5:30—80b Newhall. s:4s—Gene Buchell’s dance orchestra. 6:oo—Crime Club (NBC). 6 30—Dr. Bundesen. 6:4s—Dr. J. Holbert Bvram. 7:oo—Coney Island orchestra. 7:ls—Bands 7:3o—Firechief band (NBC). B:oo—Lives at Stake (NBC). 8 30—Musical dreams. 9:oo—Chester Park orchestra. 9:ls—Floyd Gibbons iNBC). 9:3o—Theater of the Air. 10:00—Cotton Club dance orchestra (NBC) 10:30—Coney Island orchestra. 11:00—Golden Pheasant orchestra (NBC), 11:30—Lotus Gardens orchestra (NBC). 12:00—Moon River. A M. 12:15—Walkathon orohest.r-a. 12:30—Castle Farm orchestra. I:oo—Sign off.
—9:45 P. M.— WSM .650)—Chuck ft Rav. —9:50 P. M WGN (720)—Garber'8 orchestra. —lO P. M.— KYW (1020)—Russell Glaves I band. CBS —Freddie Martin's orchestra. NBC—Dream Singer: Stern's orchestra to weaf. WENR (870)—Bernie * orchestra. NBC—Mills Play Bovs to WJZ. WTMJ (620)—Dance orchestras. —10:10 P. M.— jWGN (720)—Agnew's orchestra. —10:15 P. M.— WJR (750)—Orchestra. 10:30 P. M.— CBS—Ozzie Nelson's orchestra. NBC—Lake George orchestra to WEAF NBC—Fisher s orchestra to WSM (650)—Orchestra. —II P. M.— KYW (1020) —Canton orchestra WENR (870)—Weems’ orchestra WGN (720)—Gentrys. Cummins and Coles orchestras. —11:30 P. M.— KYW (1020)—Lopez orchesi tra WENR (870) —Roger's orchestra —11:45 P. M KYW (1020)—Stein's orchestra. —l2 Midnight—i WBBM (770)—Around the Town.
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2 DISASTROUS FIRES DAMAGE STATETOWNS Milltown, Griffin Business Buildings Destroyed by Blazes. By United Press MILLTOWN, Ind.. July 18 Three business buildings were destroyed and two others were damaged Monday night by fire that raged in the business section for nearly four hours. Firemen from English assisted in getting the blaze under control about midnight. The buildnigs destroyed contained a restaurant, the prostoffice and several business offices. Damage was estimated at approximately $25,000. By United Press MT. VERNON, Ind., July 18.— Fire swept through three business buildings tn Griffin today, destroying the postoffice. Odd Fellows building and a barber shop. The town was almost completely destroyed by a tornado eight years ago. Girl Missing Since Sunday Police today were asked by Henry O’Donnell, 1617 Holliday street, to search for his daughter, Esther O Donnell, 16., who has been missing since Sunday. She is believed to have run away from home with a girl companion.
MOTION PICTURES KAY MLS Francis —asther In the Metro-Goldwyn-Mayer Hit "STORM AT DAYBREAK” MONEL CfA£l> BARRYMORE tatnSf MIRIAM * HOPKINS “The Stranger's Return”
Niesse to Re-Christen the Terminal on Sunday New Picture Policy Will Introduce the Ambassador as First-Second Run Theater, With Two Changes Weekly. BY WALTER D. HICKMAN HAVING done about everything to a theater in his many years experience Carl Niesse on Sunday will rechristen and rename a theater for the first time in his career. Mr. Niesse. who is manager of the Central City Theater Company, which operates the Terminal. Cosy and Alamo as picture theaters, will rename the Terminal on North Illinois street near Market, the Ambassador.
Not only will the theater be given anew name but anew DaTone silver sound screen will be installed. The theater front will be re-decorated completely and anew Neon sign blazing the name of The Ambassador will be erected over the front of the theater. Not only will the theater be dressed up in new clothes, but anew feature policy with changes on Sunday and Thursday will be che rule under the new plan. The opening picture under the new name and policy will be "What Price Innocence” with Willard Mack, Minna Gombell and Jean Parker. Niesse tells me that plans are under way to make the Ambassador what is known as a first-sec#nd run theater of some leading features. a a it Indianapolis theaters today offer: "Landscape and Shadows” at the Playhouse. Nineteenth and Alabama, a Civic Theater production: "Double Harness" at the Apollo; "Heroes For Sale” at the Circle; "Storm at Daybreak” at the Palace; ‘‘College
MOTION PICTURES COMFORTABLY COOL. * .MOT COLO APOLLON WHERE BIG PICTURES PLAY HURRY! HURRY! LAST 3 DAYS ANN HARDING WmrPOWELL In their first co-starrinj; picture "DOUBLE HARNESS” Plus James Gleason Comedy NEXT FRIDAY The Comedy Hit of 1953! "WARRIOR S HUSBAND” With Elissa Landl—Marjorie Ramhean Ernest Truex David Manners Liberty Magazine Gave It 4 Stars
Humor" at the Lyric; burlesque at the Colonial and Mutual. Neighborhood theaters today offer: "Officer 13'’ : t the Mecca: "Adorable.”
MOTION PICTURES His Greatest Picture NEXT FRIDAY On Our Stage "SHUFFLE ALONG” Company of SO Finest All Colored Revue Ever Shown On the Screen “IT’S GREAT TO BE ALIVE” A Lass a Minute
at the Fountain Sauare. "A Bedtime ' Story” at the Orpheum. "Down to Earth" at the Belmont, "Uptown Near York" at j the Irving. "Infernal Machine" at the Garfield. "Pleasure Cruise " at the Tuxedo. "After the Ball” at the Tacoma, j "Nagana 1 at tie Talbot. 42nd Street” at the Btrand. Girl Missing" at the Oriental. ■ The Eagle and the Hawk" at the Ritz. 42nd Street" at the St. Clair; Adorabie" at the Uptown. "A Lady's Profession" at the Garrick. ’ Faming Guns ’ at the Rex. "Uptown New York ’ at the Daisy. "Cavalcade” at the Princess. Our Betters' at the Sanders. Elmer the Great" at the Hamilton. The Crash” at the Stratford. Adorable" at the Rivoll. and The Eagle and the Hawk at the Granada. Warehouse Being Rebuilt By United Press MADISON. Ind.. July 18.—Rebuilding of the Maddox tobacco warehouse here, which burned early this year, has been started.
i a tonights —c { 1 H NEUarHBORHOOD THEATERS
NORTH SIDE ■ ■ ■ Talbot ft 22nd ■ fill I ■ Family Nile Tala Btrell "NAGANA" j ■ i rsa 19th A College RllilVl AlLill Family Nile Ruth Chatterton "THE CRASH” MgVSBeBPSVW Noble at Mass. B| Family Vile ■■ Lila |* e "OFFICER IS” ■ 111. at 30th I*1"I [H Double Feature ‘‘U Roland Young A LADY S PROFESSION" "CABIN IN THE COTTON” 30th A Northwestern ' ’ ?Tom Mix —Ruth Hall FLAMING GUNS” t ■ March “Jack Oakic "EAGLE AND THE HAWK" 42nd and College I ' IJ 1 H 1 1 1 Ba Janet Gavnnr ■ Henry Garat ’ADORABLE” ■nrnrrrw| St. Clair at Ft. Wayne | HLI N.l 1 1 Warner Baxter Dick Powell “42ND STREET" EAST SIDE Dearborn at 19th Mb sin 4, ,1 Henry Garat “ADORABLE” Kmjwwram 4830 E. 10th. X. Frcdric March Can Grant “EAGLE AND THE HAWK” 2116 E. 10th St. Double Feature j or f. Brown “ELMER THE GREAT” Mary Brian. Richard \rlen “SONG OF THE EAGLE” 4020 E. New York Family Nile Genevieve Tebln "PLEASURE CRUISE"
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MOTION PICTURES with BING CROSBY JACK OAKIE | DICK ARI.EN. MARY CARLISLE | BURNS AND ALLEN
EAST SIDE MtnnT<l.H 5507 E. Wash. fftß , 1 11 Bargain Nile "UPTOWN NEW YORK” ■ ■ ■ 'Ym f j Family Nite Father Ralston "AFTER THE HALL” . ■ , ■ u —mb 1332 F. Wash. St. miliLLlj* Warner Baxter 2930 t . 10th St. l*]iiMlln aHi Maurice Chevalier mmmmmmmmnmm Heim Tweivctrees "BEDTIME STORY" SOUTH SIDE nHHnnfll At Fountain Square Uimiixmiij ' Garat* “ADORABLE” Added Attraction in "Technicolor” "PLEASURE ISLAND” and Shelby Constance Bennett "OUR BETTERS” Noah Berry "OUT OF SINGAPORE” 1195 S. Mer. ■ D °Bel Lyon*'* • GIRL MISSING” •'PAST OF MARY HOLMES’ ——2203 Shelby St. 3 Chester Morrl* “INFERNAL MACHINE" Schmeling-Baer Elght Pietare Ylr. at Fountain So. iMiftlOfl Fr J^c^ h “EAGLE AND THE HAWK” "INDIANAPOLIS FOLLIES” WEST SIDE mmmm w. Wash, at Bel. I;]3| [(Iklfl Family Nile ■ miiUMM Will Rogers "DOWN TO EARTH” 2540 w. Mich. Jack Oakie "UPTOWN NEW YORK" "• ,ft,h 1 Holme* No „ coward "CAVALCADE”
