Indianapolis Times, Indianapolis, Marion County, 29 April 1938 — Page 25
"STOCK LIST FIRMS ~ AFTER POINT DROP,
IN EARLY
Wage Cut Proposal Fails to Aid Carriers.
NEW YORK, April 29 (U. P).—|
Stocks slipped off fractions to more than a point today and then held narrowly around the lower levels.’
_ Announcement that railway management had voted to request a 15 per cent cut in rail wages failed to aid materially the carrier group. Leaders in the steel, copper, merchandising and motor groups and losses ranging to more than a point. U. S. Steel held narrowly, around 2%, off 1, and Bethlehem around 45%, off 1%. Chrysler steadied at a loss of slightly more than a point. International Nickel and American Smelting were down about a point. Utilities steadied on small losses and oils were irregular. Westinghouse Electric was down around 2 points. #
Today's Business At a Glance
GENERAL BUSINESS
Dun & Bradstreet reports refail trade this week 1 to 3 per cent over last week and 4 to 12 per cent below year ago; wholesale trade 8 to 20 per cent below year ago. Federal Reserve reports gold stock this week $12,860,000,000, record high, up $19,000,000; excess reserves $2,580,000,000, ‘highest since Aug. 1936, up $90,000,000; brokers . loans up $20,000,000; circulation off $6,000;000, ratio 82.6 per cent vs. 82.6 last week and 79.7 year ago.
CORPORATION NEWS
American Metal Co. Ltd. and subsidiaries March quarter consolidated net profit $529,891 equal to 35 cents a common share, vs. $866,572 or 62 cents year ago.
American Seating Co. March quar-| ;
ter net loss $30,051 vs. net profit $100,896, equal to 46 cents a common share year ago. Bell Telephone Co. of Pennsylvania March quarter net income
$2,611,120, equal to $2.07 a common |2 share, vs. $2,914,699 or $235 year 3
ago. Bethlehem Steel Corp. March quarter net profit, $994,908, equal to 93 cents a share on 7 per cent preferred and 13 cents a share on 5 per cent preferred vs. $8,203,833 or $2.01 a common share year ago. California Packing Corp. fiscal year ended Feb. 28, consolidated net profit, $2,901,703, equal to $2.87 a common share vs. $4,747,268 or $4.92 year ago. City Stores Co. fiscal year ended Jan. 31 consolidated net profit $578,268, equal to 48 cents a common share vs. $616,776 or. 51 cents year ago. Container Corp. of America March quarter net loss $53,198 vs. net profit $626,970 year ago. National Steel Corp. March quarfpr consolidated net profit, $1,083,636, equal to 50 cents a share vs. $5,605,819 or $2.63 year ago. : Skelly Oil Co. March quarter consolidated net profit, $664,770, equal to 56 cents a common share vs. $1,534,413 or $1.43 year ago. Stone & Webster, Inc., and subsidiaries (excluding Engineers Public Service Co. and subsidiaries and Sierra Pacific Power Co., March quarter net income, $72,328, equal to 3 cents share vs. $200,979 or 9 cents yea¥ ago. Union Bag & Paper Corp. March quatter net profit, $354,250, equal to 34 cents a share vs. $326,907 or 31 cents year ago. United Aircraft Corp. March quarter consolidated net profit, $1,072,298, equal to 42 cents a share vs. $698,852 or 27 cents year ago.
DIVIDENDS
Aluminum, Ltd., regular quarterly $150 on preferred, payable June 1, record May 14. Bethlehem Steel Corp. regular quartierlies $1.75 on 7 per cent preferred and 25 cents on 5 per cent preferred, payable July ‘1, record June 3. Electrolux Corp. 40 cents, payable June 15, record May 16. Lehigh Cbal & Navigation Co. directors took no action on common. Petroleum Corp. of America 40 cents, payable May 28, record May 12, vs. 37 cents Dec. 24. Pharis Tire & Rubber fo. 15 cents, payable May 20, record May 5, vs. like payment Nov. 20. Union Bag & Paper Corp. directors took no action due at this time. #(Copyright, 1938, by United Press)
N. Y. Bonds
BOND PRICE INDEXES . By United Press > = . 20 20 2 60 Inds. Rails vu: Bonds Yesterday ..... 19.7 BLL’ a” a2 Week ago ..... 79:5 541 “ota 5.0 Month ago ... 76.9. 50.3: #81 - LS; Year ago ..... 9.7 94.8 £1019. 95.9 Two years ago 90.2 89.3" “104.2. 045 1938 high ..... 83.0 70.0 964 825 1938 low ... 49.8 87.3 20% 1937 ‘high .. “10L2 |. 106.0° ¥: 2100.7 1987 low ..i... L804 63 928.0 811 1936 high .... 100.4 106.2 100.2 1936 low 84.7 1035 83.3 (Copyzight, 1938, Standard Statistics Co.)
NEW YORZX, April 29 (U, P)—3onds opened steady. Net
Anaconda 4Y%s Duquesne Lt 3%s ..
35 | firsts,’
Simmons 4s ’5 Util P & L 5%s
Curb Stocks
NEW YORK, aps Fd (U. P.).—Curb stocks opened irregula “Am Sup —_ 1 -
Ys
Ya in 972.
Ye
FOOD PRICES
CAGO., April 29 (U. P.).—Apples— gan McIntosh, [email protected]. Sweet oa. ‘ennessee, bu. hampers, [email protected]. is, bu., 25@35c¢c. Tomatoes— [email protected] Cauliflower — 5@ 1.45. Peas—Cali-
aT i. m@2 Onions Xellow Bermudas, [email protected].
7
DEANS TS
e Open Change . Be ge (81,
Late Hog Lots
Forced Below
All weights of hogs advanced 2b cents under an urgent call on
shipping account, according to the| BSnfiX Av
Bureau of Agricultural Economics.
Apw P . . -Atchiso Opening Prices| zs
NE W YORK STOCKS
By United Press
High 8's Addrsssostint : 19% Jun ... 9% Allied © Chem 138 Allied Steres pf 43! Allis a
Atlas Tack ....
3ald Jose St oe alt & Hh Jarber Sinait: 15% sdall 13%
This upturn put local values at top- Bl Sr KAOR
heavy levels, however, and after most of the hogs sold at the early|g advance some remaining consignments were forced to move 10 to 15
cents under early with most loss on| €
mediumweight and heavy hogs.
Boeing Air .... Briggs Mfg .... udd Mig o a —Cl Callahan Zinc... 1% ? Dry ... 13% Can Pacific ... Caterpillar T .. 3
The top early was pushed up to| Celanes
$8.60 for good and choice 200-210-pound butchers, premiums being | & largely absent at the high level of prices here. Packing sows were 10 to 15 cents higher,
lightweight butcher early.
types higher
selling “from| $7.25 to $7.75 mostly, with a few good | g
Comwlth & Bo. Cong-Nairn .. Cons Afroraft..
The smallest Friday cattle run in Son
several weeks offered no test of the
various classes, but the undertone|S
was firm and all pens were cleared on first rounds. Nothing good or choice was available in any section,
‘1 a few lots of medium to good steers
and heifers cashing at $8.10 and down. Vealers held steady after some sellers had retarded the market by trying for higher money. The top remained at $9.50, with fat kinds mostly $9 to $9.50. Dealers peddled out small lots of stockers and feeders, including a shipment of good steer calves at $8.50 and some red stockers at $7.25 to $7.50. Less than 1000 lambs for the local trade sold generally steady. Good to choice 94-1b. shorn lambs made $8, with other lighterweights at $7.50. Good wooled lambs also made $8, nothing choice available. Odd lots of spring lambs sold from $10 to $11 mostly.
£099300001000909 99 020 Wi 13 LI NNT I BARES aNISE
Pod) and gilts
80) 9% 00) Good 20) Good 250) Good
S202
toon
(290-350) Good choice. ,
Sow (275-375) "Good 430) 5-550) Siediur: Slaughter Pi (100-140) ood and - choice. . Medium
oN ooo
Hada assess © 2538 3338833 89 ©9393 SVEN SIM N93 cecomEcmce
322
383 , OM SH
(750-900) (900-1100) (1100-1300) (1 ue. 1500) (7150-900) G: (900-1100) (1100-1300) 1300-1500) G: 1780- 1100) (1100-1300) Medium (750-1000) Steers and (880-750) Good
-3 S8500358000
» SaacownoeDo -] OOO IP JIN
Sh SNES 8 23H 2
(750-900) (550-900) (650-900) Common
ALL Weights Cows Good
ata ® 233
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nono 0333 oma 8338
.
Bulls Yearlings Excluded (all wel = Good (beef) Shis) (All Wears) medium Cutter and common ...,.... at Vealers All weights) Ch (All yelinis) Re ; (All weights) good Cull and medium
oan ad -3 oun 99 @-32 on 38
=P
2323 9938 ae
8288
—Receipts, 536— (250-400) Choice Good
Medium .., Common Feeder and Stocker Cattle SB:
0-800) (200-1050) (500: B 0) Gi (800-1050) (500-1050)
nenon-9 I iy NUO 9099
Medium ......:-.. Common +...
Seco
aoamaa Samahb
Heifers— (550-750) Good and choice. . Common, medium. SHEEP AND LAMBS . —Receipts, 775— Lambs { {shorn
“esscsspecane
a 3
8 09 092999
|] 09:300:3000 «33 Japs : =1-1
on oWmoUMUd oo LOO
cur ICAGO. A a Seipts. 11. .000. PLL
0 1 , [email protected]: 310:
. {) Cattle—Receipts, 1000: calves. 500: hardly engugh steers ti k : ton. $7. 6.50: Lulls $55.50. $6.50 down: choice WeiRhtY Vealers,
heep—Receipts. 14.000. 5000 direct Fhursday fat lambs, dy. ow 5 Jie
a Keb 10: lo 15 Sens
loki
ooh Re
$7. Le Calves.
BE 50a9: amb, ut
‘CHICAGO PRODUCE |;
Eggs—Market,’ ‘steady: receipts, .26,919 cases; fresh aded firsts cate 1c: less than cars, 1 : rsts, cars, 19%c; less than gars, 194z6; cks, receipts, 18%¢ dirties, 16%ec; storage packed firsts, 20%c; storage packed extras, Jac
Butter—Market, steady; receipts, 1,068.ounds; y Sia firsts (90-9112 25%c; extras’ $ score), 26c; 22 0) Hh seconds S, a1%zc; Ss cials, 26% @26%c; a centralfzed” (89 score), 23%c; centralized (88 score) C. Poult try_Market, steady: 14 trucks; ‘ducks, 13@l4c; geese, hens, hi Spring
chickens 24@a6%hc: i fryoe. F300 24%; broilers, 20@33c; turkeys,
heese—Twins, 1341s Daisies, 13% @14c; Longhorns, 133, @14 Potatoes—Supplies liberal; " demand, light; market, weak; Idaho Russet Burbanks, $1. 35; Colorado Red McClures,
New Stock—Supnlies, moderate: demand, fair; market, weaker; Alabama Bliss Triumphs, $1.80; Louisiana Bliss Triumphs, [email protected], Arrivals, 62; on track, 200; shipments,
recto
See Final Edition of the Times for
= and Other Late News
000 Hudson Motor
2 aS
~agate 233
Cutler-Ham
Deere & CO o.. 18% Dist Seag Douglas air Du Pont fie
Eaton Mfg % Hee Aol vey 1
El £52 lh Lt. 8Y% 8 ec Pwr Eng Pub S : 4 . Eng PS 5.50 pf 46 46 Erie 2% 2% — sees 23 9
2% 16%
Fair Morse 23 Fed Lt & T ... : 9 Foster Wheel .. Freept-Sulphur. 25 a Guin Gen Electric .. 317% 31% GC F tees 26% 26% e oe 2 29%
14% 14%; 25
1 a orth p « 14%, Greytnd. Cp «.. 9% 9s aH «oo 202 20% .. 28% 28% + 33 33
Harb-Walk .. Holland Furn’ Howe Sound 3 3 Hudson Bay M 25% 25%
4838 m 2 Sonus wae
jaa [Ravor Cop «11 Interchem .... Int Harvester .. Int Hary of. ae In ocke
11 17%
Intst D
Net Last onange 19% 2
143 % .
DOW-JONES STOCK AVERAGES ‘30 INDUSTRIALS 111 98 cavesssssscseses 118.52 C000 NB ANNONA) 103.02 Year ago 174.2% High, 1938, 134.35; low, 98.93 High, 1937, 194.40: low. 113.64. 20 RAILROADS
—3.27 +3.12 +407 +8.75
Yesterday Week ago .. Month ago ..
. Yesterday «c.coccovccese. ev. S100
Week ago ... Month 880 ...ccccoeccone Year ago . High, 1938, 32.33: low, 19.00. High, 1937, 64.46; low, 28.91. 20 UTILITIES
Yesterday
High, 1938, 21.86: low. 15.14, High, 1937. 37.54: low, 10.65. . 70 STOCKS Yesterday Wer"; ago . Mon '& ARO. soos ‘Year ago: High. 19388, 41.42: low, 31.10. High, 1037. 69.67: low. 38.87.
EL
High Low Johns Man .... 63% 63% i — 31%
Net Last Change 63% — 31%
Kennecott
« 27% 27% 5
L O F Gilass . 0 25 104%, 12
27% 25
18% —M—
19% 134
2Z2T TI ZZ ZI STS X=] “0 0 0
urray
Nash Kelv 13 v -_ Nat Aviation oe 9 Ve cesar
Newport Ind .. N Y Central ... a No Pacific ....
. [FOREIGN FIRMNESS AIDS GRAIN PRICES |
Qoening Losses Erased Buying Trend.
CHICAGO, April 29 (U. P).— Early losses have been replaced by
% | small gains in wheat on the Chi-
cago Board of Trade today. At the end of the first hour of trading wheat was up % to 3 cent. Corn was 3% to % cent higher and oats were unchanged to up % cent. Continued firmness in .the Liverpool market, plus a more encouraging tone in Winnipeg, turned Chicago traders to the buying side after the early break. All early losses were erased, May wheat climbing from a new season’s low at 80%
1 | cents. Early easiness was based on
Ad Fds 2d Bo x - Bt Afl Fd 3.48 By o
Bo 15 Figeal” “Fund
Be S% 2.9 Fix Tr A 1.
Fnd Tr A 3.30 Fd In Ic 1 1
Gn Cap Gn Iv Tr 8. . Group Securities S . Agric 96 1.05
1 1 5! 32 10 6.
Lt 1.00 1. 31. 1.
Banc Bl 2.87
The followin, sent actual bids or o indicate
recent transactions. BONDS
Co 5s 46- 51 #3 1,
38°. rs 50. .
Ind £5 he Elec 1 - | Ba Sh %P
Rune “Nat Ind P N Ind Pub
16c; curre nt | V
(By M. P. Crist & xEx-Dividen
brolers,
hens, 13c; hea ; 3 lbs. and over,
0c; , 17¢; roosters, 9c
Butter—No. Li 25%c. Butterfat—No.
Bank of Américe ‘ie Bankers
Sentral Hanover . Chas
Chassis] esos Continental .
Closing Stock Quotations a
5 Invest Bank Corns: } wel Ha
Market St. Jn yestment, Corp. .
8c; 22¢! No
Cp 1 c"
4 388 31
- 3 wo, 100
HO, | OOo R NIN I HD , =300 st DID NIN 0060 OD 1s nT nT aT=T00 DE DD UNI es BIN EID st
Bid 95 S102
+103 ...108
104
5s 97 Te! sks ,
INVESTING CO.’S
Ask
12 10 85
sea
—e a PID -
ROL
BOO nThY ~Tud sonia § B33 adage » .
oS ..
I
LOCAL ISSUES
(By Indianapolis Bond & Share Corp.)
quotations do not repreerings, but merely the approximate market based on buying and selling inquiries or
Be 14.37 .36 8.87 12 20.99
12
SRS ATES Eee Gr “cee 3 Yale
.60 .85 11.31 1.54
.81
11. ‘63 1283
level
102 ve os i
10 v Go 6% an oe
- | Indpls P ne ii 0: | Indols Pwr & I pid 6%
Pub te co pid 5% %. 3 Serv 6% 22: 50
Co.)
115-2
bareback broilers,
No.
Bank of Manhattan ........
ust “ve Bank of New York Trust | Brooklyn rust
81 96 25
11%
LOCAL PRODUCE
Poultry—Heavy breed hens, 1803, Lehr
20. 8 22.15
ibs., 18¢:; 22¢; Leghorn
15¢;
old
Eggs—No. 1 strictly fresh country-run eggs, 15c; (each yull case must Weigh 55 Ibs. gross; a net deduction of 15 cents for each full case under 35 lbs. will be made).
, 25 2, 20c. a
BANK STOCKS
winter wheat belt and continued liquidation of May contracts in anticipation of initial notices of intent to deliver, due tomorrow. Wheat receipts were 53 cars. Export houses turned to the buying side in midsession and corn prices moved upward for small
gains.
ary grain. , Corn receipts were 403
cars.
WAGON WHEAT
Sad. Boel” ofr Eidad Soho lie ‘ects: : r Ss Cash” corn, new No. 2 vellow, 40¢. Oats,
ARGENTINE GRAIN
BUENOS AIRES, A nl od) (U. Pe Grain futures opened Whi May, 98%c, ois er June, 99%c,
15sec. © ‘Corn—May, 67%ec. up %e; June, €5%c, u c PoaS May 3 doc unchanged Flax 26%, unchanged; June $1.27%5,
NATION'S JOBLESS REDUCED 142,000
Estimate Places Total 1 0,408,000. :
NEW YORK, April 29 (U. P).— A total of 142,000 American workers found employment during February, reducing the nation’s jobless to 10,408,000, the National Industrial Conference Board estimated today. The conference board’s unemployment estimate included 2,802,000 workers attached to the PWA and the CCC. : : The decline in unemployment between February and March “was due primarily to an increase in employment in agriculture, construction and trade, which more than compensated for the declines in , employment in manufacturing, mining, transportation, utilities and in the service industries,” the authority said.. Number of persons employ=d at the beginning of March was estimated by the conference board at 43,032,000. The nation’s labor force
—May Ne wien
at
survey said.
FOREIGN EXCHANGE
i steady. TPollowin are noon cable rates on foreign currencies: Cable $ Rates Change ) cess
U. S. STATEMENT
WASHINGTON April 29 (U. P.).—Gov ernment expenses and receipts for the current al Year through os 27, compared with A year ago.
ix 3 Expenses , 306,67" Receipt ts tesa 80s Nee on Lia. 125,443. oan Fidelis Cash Bal. 2,712,436.434. 2 1 es. 6,690.74 Work. Bal. 2,138.001.921.62 636,835,633.18 Pub, Debt 3T fide ,390. a 34,879,987,255.38
1 11,781,200,01' & oN rs. ow 252 174, ane. 6’ "303, 200s ;
INDIANAPOLIS CLEARING - HOUSE "
st Yea: 85 $6, i "555 033. 31 4 958. 813, 813. 4
Sesssssesisvssureesenes : 500000006000000000000000000
< Tide +4 TWA
overnight reports of rain in the
Firmness of wheat was a| {strengthening factor in the second--
of 53,440,000 represents an increase | {of 5,152,000 persons since 1929, the |’
YORK. April 29 (U. P.).—Foreign |
Otis 8 Bev 2 80. G "dh El... La Parmnt Pict oe tah ve 0Q Sabino Min
= a i Ey
cesses »
BE HRY Spee =
EEL +
Tr i a 20
Head] ng 1 orp 22% nd
| Spring... | Richnele’ oil.
henlex Dist Scand Air L
shell To a Hi lege! Ine
fon Bee i
Ln
%.
182) Va
i
2Y2 6% wT
Texas Cor Texas Gul Thor
36% Pio] 3% tar . 2Ya . 13% Ta 35 97%. 3%
imk Tran x p nCyRT ..
P .. Union Bar a
Union C Aircraft Cp 251 Los Air iLnes... C33
Vanadium ..... 15 Van Raalte ... Va-Caro Ch VasCar: 6 pf.
ralworth ayne Pump .. Vest Pac rest Union ....
6Ya 23
1 20Ya 69% 17% 12
Woolworth .... 41% 41%
27 11% 29%
Yale & = Yellow T Young Sheet .
Wins Acquires] As Prosecution Against Selt
Dr. I. D. Carter, Indianapoils physician, did a little research work in the legal field today with himself as the “guinea pig,” and made out all right. He was arrested last night for making an illegal left turn at 16th and Illinois Sts. When he appeared at the Prosecutor's office today he was told that the arresting officer had not signed the affidavit. “Then Tl sign it,” the doctor said, “I don’t want this case delayed. I'm too busy.” So he signed it. As defendant and prosecuting
1% 1 29% 29a
Court on the charge. Judge Pro Tem. William Fahey said that in view of the doctor’s attitude, he would withhold judgment. Court attaches said that amounted to acquittal. :
RECESSION LAID TO
"WAGNER LABOR LAW Chicagoan ‘Declares It Has Resulted in Unrest. Blame for the business recession was laid to the Wagner Labor Re-
lations law today by Dr. A. P. Haake, Chicago, who told the In-
| diana Hardwood Lumbermeén’s As-
sociation the climb toward recovery could be started in 24 hours, Dr. Haake, secretary of the Furniture Manufacturers’ Association, spoke at the lumbermen’s annual convention at the Hotel Severin. Purpose of the Wagner act was Jo bring co-operation between capital and labor, Dr. Haake ‘said, but it has failed due to the unrest it created among labor. The nation’s basic conditions are sound, he said. The lumbermen today visited the Henryville State Forest. Officers elected yesterday were Claude Wertz, Evansville, president; C. E. Neel, "Union city. first vice president, and H. Spear, Bedford, second vice Bie C. Fred Klee, Indianapolis, was re-elected secre-tary-treasurer.
SESSIONS RESUMED ~ AT M.E. CONFERENCE
RICHMOND, April 20 (U.P.)— The 95th Northern Indiana Conference of the Methodist Church resumed its sessions today following the election of Dr. Otto King of
Huntington as president of the Laymen’s Association. Other officers chosen were Prof. O. J. Neighbors of Wabash, vice
3% | president; E. S. Gerig of Ft. Wayne,
, and C. H. Kramer of Richmond, treasurer. Assignment of pastors will be made public Monday.
KNICKELBEIN GIVEN LIFE IMPRISONMENT
LA PORTE, April 20 (U. P)~—~ Russell Knickelbein, 26-year-old La Porte bandit, once called by Stale Police the “most dangerous criminal at large in Indiana,” today was sen-
tenced to life imprisonment under the habitual criminal act by Circuit
. Judge Wirt Worden.
Knickelbein was convicted on a robbery charge. It was his third felony, making him eligible for the habitual criminal count. 4
TOMORROW 3:15 P. M. TUNE IN WFBM vo Hell: Brahms’s Horn Trio ‘Mae Engle. Rgry (lichels and
Jordan Conservatory Broadcast y
witness -he -appeared- in Municipal |
SLOAN DENIES DROPPING 12,000 INFLINT PLANTS
Welfare Director Says Al Must Be Moved to Other Cities.
FLINT, Mich., April 29 (. P)— The support of every civic organization in this center of the worldwide General Motors ‘production system was sought today behind a
families to other communities. Welfare Administrator Lewis J. Ludington said the mass “deporta+ tion?” was. made essential by the prospect that all General Motors plants would close for the summer by July 1, throwing an estimated 12,300 additional family heads on relief rolls.
Mr. Ludington said he had been advised by General Motors personnel officials that all men with less than two years of seniority would be permanently out of work.
Sloan Denies Plan
In Detroit this was denied by Alfred P. Sloan Jr., General Motors Corp. chairman.
“No such statement has been made by officials of the corporation,” Mr. Sloan said, “and no such plan is contemplated.” “It might be pointed out in this connection,” Mr. Sloan added, “that General Motors has just completed a large addition to Fisher Body Plant 1 at Flint. “Employment is slack in Flint at this time because of the general
| business: situation and the lack of
customers for automobiles. “We hope and expect to resume normal operations Fapidly. as business condisions warran
Motors ofiicials had suggested or approved Mr. Ludington’s plan to move unemployables.
Persuasion to Be Used
Mr. Ludington said the moving campaign would be one largely of persuasion. Nonresidents, représenting only a small minority of the 12,000 families, will be forced to re turn to their former communities if
with the argument that, once Genesee County’s relief load has
‘by July 1, it will be impossible to care for them here.
Choose Localities
He said their transportation would be paid by the Welfare Department to any locality they choose. Whenever possible, he added, they will be sent to cities where they have relatives able to support them. In other cases, negotiations will be conducted with: local relief officials to
OR. SMITH GETS ‘SPEEDWAY POST
Succeids Dr. H. R. Allen as - Medical Staff Chief for Race Program.
Pr. E. Rogers Smith today had of the Speedway to succeed Dr. H.
years of service was announced by T. E. Myers, Indianapolis Motor Speedway vice president and general manager. Dr. Smith had been assistant to Dr. Allen, who organized the Speedway Hospital when the first race was held in 1909, during the last 12 years. Dr. Smith has practiced here for 16 years. He announced this staff of assistants Active staff for examination and race day duty—Dr. Frederick Taylor, Dr. Louis Belden, Dr. Floyd Romberger, Dr. Paul Merrill, Dr. Earl Mericle, Dr. Richard Travis, Dr.
:| Caryle Bohner, Dr. Hamilton Row
and Dr. Kenneth Thornberg. Consultation—Dr. George Gar-
Hahn, Dr. Robert Master, Dr. Robert Dearmin and Dr. Kenneth Kohlstedt.
TEXAN SAVED FROM CHAIR THIRD TIME
HUNTSVILLE, Tex., April 20 (U “P.).—John Vaughn, three times scheduled to die in the electric chair and three times saved by lastminute intervention, clung to the
at a clock today while the state executed his Death Row companion. Vaughn had been scheduled to die
preacher. Governor Allred granted Vaughn a 24-hour reprieve 10 min-
validity of a restraining order. The | order specified that Vaughn's execution should not proceed. Vaughn and Banks originally were scheduled to die a week ago. Their lives were saved then when a motor generator failed twice. Governor Allred granted them a
| week’s reprieve.
. NAVY “BOMBS” FRISCO LOS ANGELES, April 29 (U. PJ). —San Francisco was bombed successfully during the fleet's war games last week, an official Navy communique said today.
TIME CHANGE NOTICE
‘HOME LIFE HOUR
Every Saturday Evening
8:45 - WFBM 1230 Keys
"A SAFE DEPOSIT
IS LOW COST BOX INSURANCE 9 Different Sizes
$3 to $100 A YEAR
Security Trust Co. 130 E. Washington
CBS's biggest stars. . plan to move 12,000 “unemployable” |
(? M). Governor Earle will speak
‘will conduct the Los Angeles Phil-
in Flint ag
Mr. Sloan denied that General :
they do not leave voluntarily, he: : said. Others will be persuaded to go ]
been doubled; as he expects it to be | 1
obtain permission for their trans-|
been appointed medical staff chief| Zi
R. Allen whose retirement after 29| 5:
ceau, Dr. Frank Ramsey, Dr. E. V.|
| 17 Wrath.
bars of his prison cell and gazed’| ¢
today with Johnny Banks, a Negro | 38 ‘3 Mp utes before his scheduled execution’| 3% so legal authorities could determine |
‘ON THE
; TONIGHT 6:00~Lucille Manners, WIRE. 6:30—~Paul Whiteman, 7:00—~Hollywood Hotel, WFBM. 10:30~Bob Crosby’s Orch, WIRE. 11:30~~Isham Jones’ ones’ Oreh., WIRE.
Dedication of the : the new, ultramodern ultraexpensive KNX studios, Columbia Square, Hollywood, will monopolize thie CBS network tomorrow. The programs will continue intermittently from 8 a. m. until midnight, featuring a congratulatory message from the President, talks by Pennsylvania's Governor Earle, Secretary of Commerce Roper and CBS President William 8, Paley, and the voices of
Harry Simeon’s tomposition, “Dawn Over Columbia Square” will the festivities at 8 a. m.
at 10:30 a. m.; eight “name” dance bands will be on at noon, and the famous” movie ; names - of Mayer, Warner, Zukor, Zanuek,. Ruggles, Fairbanks and Darrieux are included in the list of speakers, 2:45 p.m. (WFBM). Otto Klemperer
hatmonic at 4 p. m.; the “Swing Club” will originate at KNX (6 p. m., WFBM) and Secretary Roper is ‘booked for 8:45 p. m. The big show at 10:15 p. m. (WFBM) will have :-Mr. Paley,- Eddie Cantor, Jeanette MacDonald, Cecil DeMille, Deanna Durbin, Edward G. Robinson and dozens of others. And if you don’t think that radio has “gone Hollywood,” this should convince you. 2
8-8
RADIO
* The famous Abbey Players will
do a radio version of “The Play= boy of the Western World,” which they are to Monday night,- at 3:15 p- m. to‘morrow, NBC-Red. # 2 2 ; Rut Here briefly, are other 24-hour highlights: : Music—Fritz Mahler guest cone ducts ‘the Bamberger Symphony with Joaquin Nin-Culmell as soloist; de Falla’s Piano Concerto and music by Mozart and Respighi (MBSWOR, 8 p. m.)... The Jordan Conservatory program (WFBM, 3115 p. m. tomorrow) offe Brahms’ Horn Trio, played by Sine Engle, pianist; Louis Zerbe, violinist; Harry Michels, horn. . . More Brahms (the E Flat Rhapsody and the Gluck Gavotte transcription) by Abram Chasins, pianist 10 a. m. tomorrow, NBC-Red). : Variety—Paul Whiteman’s pro=gram tonight originates in the New York World’s Fair Business Administration 'Building—first: commercial program from the . exposition site. . . Grover Whalen also “plugs” the Fair on the CBS-WFBM “Song Shop” (8 p. m.). On the same program, a posthumous Gershwin song, recently discovered. . . “Holly= wood Hotel” offers Loretta Young, David Niven, Richard Greene, in bits from their current Lyric movie, “Four. Men and a Prayer.” Sports—All three networks will be on the air with the Penn Relays tomorrow: NBC-Blue, I.p. m., CBS,
11:30 and 3:15 p. m.,, MBS, 2:45 p.- m.,
THIS EVENING
(The Indianapolis Times is not responsible for inaccuracies in program ane nouncements caused by station changes after press time.)
INDIANAPOLIS WFBM 1230 (CBS Net.)
INDIANAPOLIS WIRE 1 (NBC-MBS)
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4:00 . Hall’s Or. * _ Baseball ‘Butler Forum 9 28 Boake Carter 1 Tea 98 Tea Tunes “Not Right”
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James Melton
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SATURDAY PROGRAMS
INDIANAPOLIS FEM 123 (CBS Net. y
WIRE _1400
INDIANAPOLIS (NBC-MBS)
- CHICAGO
CINCINNATI WLW 720 WGN 00 (MBS Net.)
(NBC-MBS)
Devotions : Unannounced
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Early Birds
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Synagogue Mail Box June Baker Cup, Finals Pillvaiinies 4 A nannounced Army Band
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My Health * Unannounced Farm-Home
Margery Graham Mail Bex . ‘Quin Ryan Musical
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KEY NETWORK STATIONS (Subject to change): NBC-BLUE-WJZ, 760; WOWO, 1160; WENR-WLS, 870; KWK, 1350. NBC-RED—WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670. : CBS—WABC, 860; WIR, 750; WHAS, 820; KMOX, 1090; WBBM, 776. MUTUAL—WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM, 650.
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