Indianapolis Times, Indianapolis, Marion County, 25 March 1938 — Page 24

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IN NOON

MARKET STEADIER

SESSION;

OSSES IRREGULAR -:

Mininz Stocks 'n Spite of Denial.

Sold |

NEW YORK, March 25 (U. P).— Stocks m~ved irregularly lower today and around noon appeared

slightly s’-adier. Traders sold (Stocks of mining ‘companies with/ Mexican interests despite the assertion of President Cardenas’ of Mexico that he did not contempl= te confiscation. New lows were macd- by Howe Sound at 34, off 2, American Smelting, 36, off 1%, and U.S. Smelting, 55%, off %." Steels vere meagerly supported . after U. ©. Steel touched 47%, off .- 1%, and Sethlehem, 50%, off 1%. Chrysler ame back from its low of 451%, which was off 1%. Railroac shares osad to losses ranging to more than a point in Chesapeak- & Ohio, which touched 25%, off 1% , and then regained half : the declin=. Westinghouse Electric - rallied aft » making a new low at - 751, off 1%. Utilities and Aviations weer stead: to firm. Chemicals eased small amounts. Oils were steady. 2 # 2

lusiness At a Glance

+ CE "ERAL BUSINESS

Dun & 3radstreet reports retail trade this week 3 to 8 per cent over last week © "nd-10 to 20 per cent below a yea: ago; wholesale trade 12 to 25 per cent below a year ago. =. Federal Reserve reports gold stock this week 512,781,000,000, up $3,000,000; excess reserves $1,560,000, 000, up $100,000, 000; brokers loans off $28,000,000; circulation off $3,000,000; “ratio 80.5 per cent vs. 80.4 last week and 80.4 year ago. National Rayon Weavers Associa“tion, Inc., reports February index of total deliveries of rayon-woven fabrics to consuming trade 113 vs. 82. = previous month and 175 year ago. i United States Beet Sugar Association reports February beet sugar deliveries in U. S. 1421887 bags vs. . 1,176,096 year ago, up 20.9 per cent.

COLE PORATION NEWS Agfa Ansco Corp. 1937 net: profit ¢723,025 ecual to $1.51 a. share Vs. $157,486 or 33 cents in 1936. American’ Zinc, Lead & Smelting Co. 1937 net profit $184,930 equal to $2.78 a preferred share vs. $52,336 or 75 cents in 1936. Butler Eros. first two months 1938 net loss $487,000 vs. net profit of about $115,000 year ago. Carman & Co., Inc. and subsidiaries 1937 net profit, $125,005 vs. $135,970 in Minneso! ended Jan. 31 net income $1, 486,134 vs. $1,252,201 year, ago. Neprasia Power Co. year -ended Jan. net “income $1,869,179 vs. $1,824, PG year ago. Omnibus Corp. 1937 income $1,654,808 equal to $1.74 a common share vs. $510,002 or $7.17 a preferred shate in 1936. Pacific Power & Light Co, Ivear ended Jan. 31, net income $784,584 vs. $761,582 year ago. Plymouth Oil Co., two months ended Feb. 28, net income $437,682 equal to 43 éents a share vs. $388,539 or 37 cents year ago. Postal Telegraph & Cable. Corp, 1937 cons solidated net loss: $2,200,597 vs. $686,671 in 1936. "Public Service Co. of Indiana, 1937 net income, $871,933 equal to $3.25 on $6 preferred vs. $567.978 or $6.19 “ on $7 prior preferred and $5.31 on $6 prior preferred in 1936. Twentieth Century-Fox Film Corp., 52 weeks ended c. 25 net profit $8,617,114 equal to $4.11 a common share Vs.. 1,722,955 or $3.55 i Year ago. 1. 8. Industrial’ Alcohol Co., 19317 net loss £456,257 vs. $77, 581 in 1936.

' RAILROAD REPORTS Great Northern Ry. Co. Feb. net loss $1, 893,564 vs. net. loss $1,717,228. year ago. . iF Gulf Coast:Lines Feb. net operat"ing income: $357, 607 vs. $652,026 year

ago SMlinots Central R. R. Co. Feb, net operating income $887,118 vs. $440,- : 425 year ago. International-Great : Northern R. ‘R. Co. Feb. net operating deficit $22,- . 826 vs. $15,047 year ago. a Maine Central R. R. Co. 2 months ended Feb. 28 net loss $124,872 vs. net income $55,647 or 18 cents year . ago; Feb. net log $97,543 vs. $28,501 ‘year ago. .* | Missouri Pacific R. R. Co; net op-

"1 erating income $100,788 vs. $917,244 | Eves—

: ‘year ago. 3 N. Y. Central R. R. Co. Feb. net . «operating deficit $1,588,789 vs. net sperating income $3,035,759 year ago. Pennsylvania R., R. Co. Feb. net - © verating income $1, 597,564 vs. $5,» 35,883 year ago. i | Pittsburgh & Lake Erie R. R. Co. ' ‘eb. ne’ bperating deficit $49,272 vs. : gt operating income $357,586 year

“Rutl nd Railroad Feb. net opering deficit $82,478 vs. net operatkg pe income $3,990 year ago. ’ DIVIDENDS

orator & Straus, Inc, 37%:

- ents on common payable April 25 |

izcord. April 15. Company paid: 25 ents Jan. 27, 1937, and 4 of 75 2nts each March 25, June 25, Sept. 0 and Dec. 24, 1937. ! American Meter Co. 30 cents pay“able April 15 record March 30. Com‘pany paid 4 of 75 cents each last :year plus special $1 Dec. 21. Belding-Heminway Co., 12% cents on corimon payjble April 30 record April © vs. 25 cents a year ago. Bloomingdale Bros, Inc, 18% cents on common payable’ April 25 record April 15 vs. 37% cents year

tonal Oil Products Co. interim: certs on common payable April |; rec og April 5 vs. n cents: March

> he 1938. by United Press)

FOOD PRICES

Michi : ei -1llin @3sc.

jugs, 9° c@$1.60, Caulifiower gi]

os ob ar .40

Brinwen>

Florida ers. $1.25. : a slery

Hiinols yell Re ie 75¢ | Ho ad gE :

936. -a Power & Light. Co. year |.

CAGO, March 2 {Ved P.)o-A 1 | Mcintosh, Ms weet: Boois. bu. e@s$l.

Porker Prices Continue Low;

Hog prices reacted downward again under unloads expected to total around 6000 head, according to the Bureau of Agricultur ral Economics. All| weights were 15 cents lower.

left local value in a relatively low position. Top was down to $9.25 for best 210-220-pound © butchers, Packing sows lost fully 25 cents to sell from

lightweights reaching $8.25. No price changes occurred on any class of cattle in a limited trade. The best steers of the week arrived and brought $9.50, scaling 1225pound and longfed. A short load of well bred .10001b. yearlings scored $8.50, with a scattering of steers from $7.25@

have made a strong effort to push live prices to lower ground this week

in receipts. However, the undertone in the fat cattle market is plainly less dependable, with major killers only light buyers. Vealers held steady today, with a top of $10.50. A moderate run of lambs, expected tp total around 1500 head, sold 10@25 cents lower, with wooled offerings showing most decline. No strictly choice offerings were ‘available, best stopping at $8.25 with most | E2 of the crop comprising merely good and lower grade offerings selling|Fe from $8 downward to $6. Shorn lambs, however, included several loads of good to choice around 80-85 lbs. averages at $7.40 and $7.50, with around a double of

$7. Slaughter ewes: were quotable | Ge steady at $3@4 mostly.

HOGS

.++$0.90 9.65 9.75 9.75 9.40 9.40 9.40 9.30 9.25 9.40

March 14 80000000c00000s00000 80tcssscssecesgrvencine esecsscvecsccssepecsocs sss cers vecssndasecenne

es B0ssiseesaceentes

Barrows and Gilts— (140-160) Good and

esses

choice. .$ choice. . choice... choice. . choice. . choice. .

(290-350) Good choice...

Packing Sows— (275-350) Good (350-425

and

eec00 00 eter Sasson c4eesgscccese

Slaughter Pigs— ; (1005140) Sool. 8 and’ ‘choide . :

CATTLE —Receipts, 468— (750-900) Choice (800-1100) Choice (1100-1300) Choice {1300.1340) Choice. . (750-900) Good ... - (900-1100) Good .. -€1100-1300) Good ., (1300-1500) Good .. (750-1100) Medium (1100-1300) Medium (725-1100) Common

Steers and Heifers— (550-750) ‘Good

JIN I INODO

~300.-3080000 00 OO BW asa ER

(plain)..

Heifers 750-900) Good

(550-900) Common Cows

oowm

098 952 008 © 69058008

ssescecee

LL Ly elrhts

QMO

Yeartin Bulls earlings e Ra ngs excluded {all Weights)

(All weights) Medium . Cutter and common

Vealers —Receipts, 500— (All weights) Choice ..

(All ‘wei ite Medi fal oe 18 Hd edium

Cull i i ess un .e si Calves —Receipts, . 513—= (250-400) Choice ” ‘Good

Medium on, Common .sveviise

Feeder and Stocker Catue

A li au

a MIDS 8333 SeSo

Oma ooowm 2338

o-30 885% -

) Choice } 8 Choice } )

tose 0

sees

cou

“asescgacnins

8 9. 1. “esensan.s 6. 6. 6. 6.

Common

LENE THRE

ay-3 ay

Heifers— - (550-750) Good and chdice.. » Common, medittm.

SHEEP AND LAMBS

=: =Receipts, 180— Lambs— Choice vecessseenve Good ..scsesenin. Medium : Common:

“oy BIW 000 won assays

50 50 5 00 75 00

®ecess ae ess cessor un, #vesevssssscsnssenen

Good and choice ...csceeass 4.50 Common and medium ...... 2.50@ 3.50 CHICAGO, March 25 (U. P.).—Hogs—Receipts, 11,000, including 6000 directs; market, slow, uneven; mostly 5 to 15 cents off; weighty butchers at full decline; top, bulk good and choice 180-240 Ibs.. $9. 15@9. 45; 250-326 1lbs., $8. gogo 10; good 350-550 1b. "packing sows, [email protected]. Cattle—Receipts, 1500; 1903s. 500; fed steers and yearlings, slow, weak; bulk of supply plain and medium grade, $7.25@8; jew Joadis, [email protected]; choice light steers. $9. heife ers, “active, steady; weighty heifers, $8; bulk plain and medium, $6.75 @17.75; cows, weak, few fat, [email protected]; utters, [email protected]; "bulls, weak; sausage ls $6.25; vealers, $9.50 with few selects,

directs: late frisday fat lam cents off; bulk Saas .25; top, 38. 25: joday: § trade active, f t lambs strong to-15 cen up; bulk ool aing, $8:[email protected]; -top, Sedo: eep, strong to 25 cents her; ewes, $9.

CINCINNATI, March 25. (U. Receipts, 3100. None RL Spots sales, 10 to 25 cents lower; fon. i: 250275 lbs., $9; 100-140 lbs.. $7. [email protected]; bulk god tacking sows, [email protected]. Cattle—Receipts, 400; calves, 300. Act only. fair, generally steady. Odd lots, plata Bods steers and Yin & Bo 0 to 1 8.50; package itary $8.65; a beef’ cows, Hy "Bw eligible around $6: low cutters and cutters, $4.25 @5.25; by lis, 3h Sealers strong to 50 cents

higher: top. light su “Fappiy.. ite) one direct: on e n n Ben, dy ak. Go a >

od and choice ewe and wether “natives

uoted from $e5000: few common and medium Fo 6.50@8; —Hog

slaughter ewes, mainly §$ P.)0 25 lower; 200-220 og

March 25 (U. [email protected]; 2 Sa gs, Efe ves, $9. SGT

LAFAYETTE, Market, 15 t

Lambs, isha

See Final Edition of the Times ; : for.

Closing Stock Ouofations

By United Press

Adams EXD .s.. r Reduc ... 4 T-Way El +.

Ph ft ut OO C3 eb

Receipts 6000] nig : A

The decline was in B sympathy with losses elsewhere, but

$7.25 to $8, only a relatively few|S2

$8.25. A short load of fair to good. light heifers turned at $7.75. Killers |coty

but were defeated by.a sharp dropi€

medium to good ligterweights at|

25 | Hupp Motor....

Bk Basic Ind Bos Fd.

heep — Receipts, 7000, including ‘1000 | NR 25 to 35 |

pana v

‘and Other. Late News . | Lor

BI CJ = 14 DIDS 1

Atlas Corp . Atlas Pdr

Bald Loes ct... Balt Ohio. . Ea 5 Ohi pt.

] 3urroughs eee 1

Cal Backine veo 18 Callahan Zi 3

- 8 ©

HELE .

Bonin 3a 00 SEER

- Shae SeeEs Bee -

SRPENS SFR

Chrysler 45% Climax "Maly Co 37% - 37% Coca-Cola _- 1105s Column Gas... 6% Com Solvents. “ 7% Comm Comm & So of. 319, Cons Oil , 18%

cee LO ne A.. 16%, 16% Cutler-Ham .., 17 17 ——L peste & Co... 209 20% D Lac 5% . 5%

see |

Blass = Mot. . 6: Dome Mines 1.83% 52V, pouglas Air... 8l2 38%

'10 ‘108 pu Pont of Av 113%

Elec Boa 7% . Floss Music Ind 31 Elec Pwr & Lt. 8% El Pw&L $8 pf 2814 oy PRS $7 pf 20% b 8 .... 3% Evans : "Brod ces oe Free Mot s8008 23%

Fed 2%, Flintkote eeeees 14%

14%

Cable io a, eCiric «. Poods 26

Motors 31 Motors pE.11}

Gen ® a 0 BL 11 Gillett re GB Gillette $5 ‘pt 54 Gimbel Ya

7 49 33% 26

da.

Houston Oil .. Howe Sound Hudson Motor, .

I Conran! eee

Foniray "co op + Inssrs cts Intercon Bubs. . Interlake kr Int Ag pr Int. Harvester.

tT &. ; Int T & T For.|

John-Man

Kalamazoo Sto Kan C.Sou.... Ronnecots Sales Kresge 8S 8. vo. 16% 5 9% 3% 3% . 1% . 28Y, oo 235 15%,

ambert

sieved

DIDO

Lorillard

(1-3 ” REE FR BREE

iB =%

i; | 1936

] Nat Biscuit 3% y

Soe

30 INDUSTRIALS : | Yesterday ...ccieveenecelds 114.84 +0.26 | Week BRO cocescanessscnesss. 118.41 —3,62 Month BLO .cccssioscsscccss 131.58 40.73 CAF AZO ....scccsnen sees vide HO ay High, 1938, 184. 35; low, 114.38. : High, 19387, 194.40: low, 113.64. se 20 RAILROAD Yesterday ...ccesrecivacesesh 21.90 Jez |3 Week BZ0 ..ccceosvessacseses 2371 0.83 MontR 880 ..ccoesesesscssess 30.50 40.45 3 - Holiday

20. v I ; Yesterday nes eerrad Week ago Cesseeene sss Month ago ..cesreses 2 Year ago

sesememansnn ayes.

: High, 1987, sists law, 1548 : i i) ow Net High ” Low “tast Change §% : “5 fit 1. gu

cene

arshall ¥id ..

. : sd 35% ’ ve co Bl ‘3%: 113% v + 31%.

: 1 1% “31%

0-K Tex Mont Ward .. i i Qther Lode ... ar Mueller Br .... 13 13Y - Ne : ny)

1% = Nash-Kelv ..see Nat Cash Reg. iH Pes i Nat Dist llers ° . . 19% Nat Sup Penn . 17% . 13% 12% 20% 1676 1

13Y, + 20 Ye i 20 16%" 8!

8% 11% 11 26%2 25 17% 11%

Otis Stee 8 owens 8 Glass ¢ 41%

packard oe = Paramt Pict 2 pf.. "

Phelps Phillips Ses ‘ O pf.

.e Hn

Press Stl 2 Procter & Public Serv «.. Pullm

man cece

Radio csseccone Radio-K-Or Raybestos m-Rand .... Republi¢ Stl ... Reyn Tob B ... Richfield Oil ..

t Jok Lead ... Schenley Dist . ite R

£ ears Roehuck: vel Inc “e198 Shell Us oii * a Skelly Oil 23

BoE Nacuum Sout

Ya %

Is:

Ya Ya

“5%

iS. «. ff... 8 .. 16 an . 443% 54%, © houses vase 4V2 3 gunerior on: 3: Swit & Co .... 18%

42 9 : 16%

2 vin 162 4

N. Y. Bonds ‘By United Press : BOND PRICE INDEXES

20 20 20 Inds. Rails Utils. 79a 54.2 79.4 54.6 81.5 65.9

60 Bonds Yesterday cece. 74.6 Week ago ..... Month ago Year ago Holiday Two years ago 91.9 29.5 1988 high ...... 830. 70.0 | 1988 Jow eie.o. 0k 54.2 1987 BigB eeos - 95.0 -101.2 1937 ‘low. bese ry 801 89.3 high <.,... 948 100.4 1936 low ....... 84% 103.5 (Copyright, 1938, Standard Statistics co.)

NEW YORK, March 25 (U. P YBa opened steady. 0 en =F

5s 2000

sede 80.2 96.5 82.5 74.6 | 2 100.7 81.1 100.2

B&O te . Chi 1% o oes Elec Auto Lite: 4s 51 .. : 98 Erie § eescesss 112

ieveessscenss 50Va

+ 7

ea 38%

Till PE 1. 34s Ra ‘8 :

ene cos

(By 10s ny Bhs. ont. a 10.32 10. 5 Inv. v. Fun 17:25 2.96. 06 4. 25

3 a

al 297 Kh

ny.

BI bd ed D\) fed Ne 8) SD Ha Cb SU WR OOWOID= OO BIO rr Sw (= c BSE : wd Bes

Gen Inv Group PSecutites

Agr ny “Shs .59 Mosc h 9 Min 1.07 RR

: 54 Steel | 8 x

sil Invest Bank © Fa

ist Bos 10. Qorps: 50

ey a

Boda

So o

fs i Sw

Inco

ORs mi DD I

Bobatnt OD

fob pd Ewihbe,

Se cob 3BR3BS oo

[or

2 id Nn it ; 303 EhmOBo

CHD STi > tod

°F Srwg

ton

‘Stndobotn

10.

COO DIC ib

3-3 00 60 DOC uh bet m3 08-3. a

Ro Bhts © 00-30, LIMITA

1 1 8 3. 0 E 11. ‘38 12. 7

‘LOCAL ISSUES

(By Indianapolis Bind: & Share Corp.)

The followin sent WHA ids oo

offering indicate the. nis

ORME

based on buying and seliing inquiries or

recent transactions. BONDS American Loan Co 5s 46-

nd Asso rel 4%28 65 . .. d Tel Co hd Rafilwa, fiterstate B Indpls Water Co 32s

Morris 5

Ty +o one s.ss0no0e

quotations fo not repre-

-.101% Boome Water Works 5s '38..1021%

102} ees+300 e 68 ol ran

ceevenes 103% |

Tres Term Co 5s 57

STOCKS Belt RR St Yds com ......... ne cnt Tad S Tio Hed en n wr Dp. ome EXT Ba, V0 5d ne cum xInd ‘Mich Cc 2

4 7 Co's 1% i : he

com | xTadpis Pwi: ds I Hd Pls 1B LL 6 N Ind P 2b

«s 25%

Serv of Ind T | xProgrens Taungry Co ‘com oe 13 6% . 93

an Camp Milk Co. of .. . 83

Terre Haute Set So

Van Camp Milk Co com .,.... 10°

(By M. P. Crist & Co.)

n Market St. Investment Corp. am, 2, 49 B

XEx- Divide 3

eay, breed he , horn. ia, mre i

20c;: oe old giothorn s—No, eggs, 14%c.

1 1bs. each ito ase, under 5

ww Will be

EB" E

ay . Sane.

a a

8.39 |

13.30 | 41

i Tees 31 5.99

Ch 5 Lag: Conti roilers, - han Ibs 1 Tetricily fresh ‘count Tun Each full case must weigh £ A L Det deduetion, 2 15 gents National Cit

Curb Stocks

By United Press

March. 25 TU, _P).—gurb PL NEW. 1058 ed Trreguias. ; Hy E

Alum ‘Co Am... Wessels

ihe si

or . ‘Tethnicolor Er

Eggs Market, Jest; receipts, cases: fresh graded: firsts, ‘cars, 17%c; less’ than cars, 17c; extra firsts, cars, 18c; less than cars, 17%¢;-dirties, 14%c; current re= ceipts, 1 16¢;. checks; 14Yic; storage- acked ois, 18%¢; storage-patked etxras, 19c. : Butter—Market, Weak; receipts, 77 0,841 TOSS ounds; ‘e extra, Firsts (90Yc; extras (92 score), 28c; firsts, Ja, Seconds, 22@24c; specials, 28%2@ 5] oar “standards, -28c; centralized, jis score), 2s %e; Centra sd, (88 score), 2 ol Poul

‘88 ire 14c; Shen

"66: | chi 23@ “turkey evs. '15@25¢; fryers, 23 @38 6; rollers; 23@24c; roosters, 1 ee ins, Bs, Jal @l4s5e; daisies, 14%

. | @15¢; longhor: v Potatoes—8 Supplies, ho demand,. « [8low: i good; ‘market, weak to stronger; . { Idaho ‘Burbanks. $1 A3@13 55; Wash- | ington Bs usset Burbanks, 1.35; Ni orth Da-if. kota Bliss Triumphs, $1.32 North Dakota | 1 Cobblers, $1.15; North Dakota: Early Ohios 4 [email protected]; Wisconsin Round Whites, $1 3 1.10; Wisconsin Cob ders, $1.15(1.20; Michigan Greet Mountains, $1.20; Mich’ | gan Russet Rurals, $1.15. New Stock—Supplies, moderate: demand,’ Sow; market, weak; track sales, carlots, |’ rida Bliss Triumphs, bushel crates, 3 hal. 60; track sales, less than cars} lots, Florida Bliss Triumphs, bushel crates, $1.57 @1.65. Arrivals, 57; on track, 229; shipments,

FOREIGN EXCHANGE

YORK, March 28 (U. P.).—Fore eign: TO irregularly lower. Following ares noon cable rates on: major ourfencies: :

Cable Rates England (pound) -.$4.9 Eng. (60-d. bill rate) 4351 Canada (dollar) 9 9 France (franck Italy (lire)

Change | —.00% po 00%

elgium (belga) ... Sermany (mark) ..

n (kron e)’ Austr alia: (pound) -. Austria (schilling) . Czschoslovak

-} Finland (markka). eece Jugoslavia. ew Zeal. Poland (zloty)

96% .1885n

| =.0001

PERG Espen)

i + DOW-J ONES STOCK AVERAGES

2 | this encouraged

1 - BUENOS Grain Nr

4.9 |

“| Pub. J Cu stoms

GPA. ain Te “CHICAGO PRODUCE ts

18%@ 22 aE orn hens, 20¢; Dring during the 1937-38 season was. the

fro

$id High Low ‘Syming-Gould.. 6 TT

Bla. «3% 36%

8% 8% . 10% 10% Timk-D Ax L Bu Be Trans&West ‘Air : 20th Cent-Fox . 18% 18% Ue

. 88 . Bh

22% ‘6 2%2

Tenn. COrp...... Texas Corp . Tex Pac L T .

61a

Union Carb ..

‘Wabash pf A ~« 1% | Walworth 3% Jost, Ar Ble.

g El .. Iheel “steel . oriningion

. 20 : 30% z+ 78 .. 18% ox 15% —¥ 12% 131%

12%

Y Tow Tr 2 31%;

Young Sheet .. ee

|GRAIN PRICES FIRM | AS PRESSURE LIGHT

Fair Demand Advances Corn Fractionally.

today and wheat prices were firm

was ¥% to % cent higher, corn was 1% to % cent. higher and oats were’ unchanged to % cent higher. . Selling credited to a local operator:

i, |was practically the -only pressure

noted in the wheat pit during early

little above the market, but meeting good buying. Although seaboard interests indicated very little doing in the way of export business ‘the Northwest reported 100,000 bushels of dark northern wheat worked out of Duluth to eastern Canadian mills for opening of laké navigation ard export interests. From New York came a report of | 75,000 bushels of hard winters | worked out of Missouri River points for western Canadian mills. Wheat receipts in Chicago were 21 cars. Corn prices followed fully the advance in wheat. Export houses and locals were fair buyers’ through the early: part of the session and ex-

300,000 bushels. Corn reeeipts were" 264 cars.

ARGENTINE GRAIN Sh IRES, March ’ 25" (UL: 1%).

98%c, up 1%c; May, 98%, orn—May, ~63%c, June, ote, unchan :

nge April, 33 Ske, unchanged. 2p unchanged; ; ‘May,

Wheat—

: April, WP, 1c

unchanged;

oaxr-aprl, $1.26%, ‘$1.27%, unchanged.”

WAGON: WHEAT

city ! : grain ‘slevators are pay. ing for r No. re I other grades” on o5 r saerts: Cash corn. new Wo. 2 yellow 45c. Oats. 26c

DAILY PRICE INDEX NEW YORK, March 25 (U, P.).— Dun & Bradstreet’s: daily weighted price index of 30 basic commodities, complied for United. ‘Press: . - (1930- 1932 4 equals 100)

Week agd canadien : Month 880 '....csesewscsssse 113.65 Year ago—holiday. = 1938" high (Jan. 1 ). sees Seve 117 06 1938 low (March 22) ....... 11083

U.S. STATEMENT

WASHINGTON, March ' 25 Governmen current ‘fiscal year: Jarongh rch compared with a yeat id

hi Expenses . $5, 33 872.03; 929.85 $6, He iab, 694.47 Receipts .. 47 24.8 Gross 10.184.120. 46 Ne

Def. . 3.9 B 3.130, 979, 503 Fork. Bal. 1,381,891,998, eb 37,503,291, 0383. 12, 281, 1.38.8 04;

Z 40. 48 _| Today's Gold Sn

'163,

for? i HOUSE 4)

2,386,000 ; ey 236,000

OLIVEOIL: BUSINESS IS BEST SINCE 1930

ROME, March 25 U. P.) ~The .European ‘production of olive : oil

INDIANAPOLIS CLEARING Clearings ides ns sa nnins ee Debits fi

largest since the record year “of | 1930, according to an official; stgtement {sstied by the Interna atipual Institute ‘of Agriculture; The total oil ‘production of = ’s: major “olive growing: coun tries, namely Italy, A ‘goslavia and Greece, is; as: ‘high ‘as 1,065,000 tons ; Proguction ‘hak beets exceptional | An. all countries. * In Greece; ‘and |” »Cyprus it: is ‘a “record; while, : in } Italy ‘and’ Portugal ‘it. approaches | | the previous maxtmum reachedsin.

1930. ; major imporiing countries 3 | a are the ‘United: States,” |

gentins, France. and England.

TOLERANCE MOVE ‘MAY BE REMANDED

—Municipal park board officials have made their annual move for tolerance. ‘They annoiinced ‘meh would be allowed to. wear only trunks at swimming pools. Recalling that they made the same rule at the beginning of the swimming seasons of the last several .years and ‘then remanded them © under pressure of :complaints, the, park officials admitted: they might capitulate ‘again. this season.

|coeDS FIRST NAME _ WINS HER ARMY BID

BERKELEY, Cal, ‘March 25° ®. P.,).—~The first name of Miss Less-

the’

Asa ley Newell, University of Califg ; pretty coed, which Slaestion of sex in doubt, has made |!

leaves

fies iis tectpient of almost every thing tined for men, from inviga- | tions to fraternity rush dinners to

: CHICAGO, March 25 (@. Py. ; Market pressure was extremely light

at the advance on the . Chicago | | Board of Trade. -. £3 At the end of she first hour wheat |

tarding. Offerings, however, were a |,

port takings were estimated around |

xX. P. : expenses and recel 5 for the

888,809.39 3 62s, 283.395. tu

DALLAS, Tex, March 25 (U.P). |"

éountless Catalogs on the advan- |

This building js the home Machine Busters, Inc, at 127-129 E. Washington St.—(Story, Page One.)

A Real Premier

/ This, MAY. not look like “prime “ministerial” + raiment to you, but; it’s just the thing in ‘the British province of Madras in. India. Pictured in the queer clothing ‘and footgear is C. Rajagopala~

province, , population of which is approximately one-third that of the United States: Minister | Raja-ett.. was taking his budget

1: to the legislafive assembly when

Photographed.”

FOSTER SONGS SEEN AS BASIS OF CLASSIC

; the" “University of Cincinnati and a student of the life of Stephen Col-

[lins: ‘Foster, believes that in the

‘| songs of the pre<Civil War com-

poser another man will findtinspira-

"| tion for a great American sympnony.

Dr. Walters has long been a stu‘dent of Foster's work. Nothing’ that Anton Dvorak maile great use of Negro ‘themes in the United. States in writing his New World ‘symphony, Dr; Walters said: “I hope some: American composer | will be stirred to follow the lead of | Dvorak to compose a symphony based on the beautiful melodic material in Foster’s songs. Such a ‘composition would possess all emo=‘tional appeal for millions of hearers.” He said the musical literature of

use of old material, mentioning | Luther’s ‘hymn, “A Mighty Fortress,” ‘Iwhich: he "said probably. had ‘its origin in old Gregorian music; Bach’s handling of ancient chorals in his oratorios, and Brahm'’s use

works, |

“REAL PROTECTION. A SAFE DEPOSIT

BOX rin ed |

. Levine; ‘12.

Face Extortion Charges

Edward John Penn, “qeft) | 18-year-old high Pp Api holes Werner Fred Luck, 23-year-old ‘German-born chauffeur, are shown as they were arraigned in New Rochelle, N. Y., on charges of attempte

chariar, prime minister of the

. ing to extort money from Murray Levine, father of kidnaped ‘Peter They were accused of attempting to send a note to Mr, Levine demanding the $30,000 ransom he had offered to pay, for He return of his son, missing since Feb. 24.

“and TOPCOATS

styles, nt : ers rt and rege 2 arbacks. Nove $5.00 to $8.50 ‘elty patterns & Rr dd . deep | tones—all hu sizes.

Europe has. been enriched by the |

of German student songs in nig |

| Coats.s ul" s ! | * Now as Low as ;

ors, all ted fabrics. M ot bo

yito- Boose from." *_ , ny styles, many 3 Many | many ma- . terials

a5 BROS. 25

" ‘ a pe, iSeetini, po