Indianapolis Times, Indianapolis, Marion County, 5 May 1938 — Page 25

THURSDAY, MAY 5, 1938

ARKET STEADIES . AFTER DIP FROM . MORNING ADVANCE

Coca-Cola International Sells at New High.

NEW YORK, May 5 (U. P.) —The |

Stock Market had a brief period of | strength and activity in the momn- |

ing dealings today, eased from the tops and was steady in the early afternoon, with volume again lightening. The list opened irregular, wavered for a time and then moved higher.

In the second hour volume amounted to 240,000 shares and by

noon the total was 400,000 shares, |

against 180,000 in the corresponding period yesterday. The total for the whole previous session was 350, 000. Utility and aircraft shares were the star performers on the rise. Railroads registered gains while industrials were mixed. A feature of the session was the appearance of Coca-Cola International for the first time since 1934 the latter vear it sold at $314 a share on 50 shares and today 10 shares sold at an all-time high of $976 a share. United States Steel touched 447% on the rally where it was up “s In the early fourth hour it was at 445. off 14 net. Bethlehem eased from its hich and registered a small Trading in these issues was

loss. dull. Curtiss-Wright made a new the aviations and others of the | group were Se their best levels of the year. Ches apeake & Ohio | with a gain of one point at 28':z featured the ralis 82 =

Today's Business

top |

Hogs Descend 20 to 25 Cents In Dull Trade

In the slowest session of the year to date hog values declined 20 to {25 cents today according to the Bureau of Agricultural Economics. | 1t was well after midsession before | trading was established, with buyers after more decline on early rounds as outside orders were very | limited. Light lights and pigs under 160 {pounds were off the full 25 cents. [Top of $815 went to good and choice 160 to 180-pound butchers. Indications appear weak to around 15 cents lower on sows, with lightweights off most, a few | ported from $7 to $7.35. The week's decline in fat prices curtailed the marketward {movement here and elsewhere and the tone improved throughout the list today. Practically all classes sold on the firm side, with instances [stronger on heifers and beef cows. | Good and choice steers and year[lings were too scarce to test these grades, the run comprising mostly [plain and medium and a few low good types at $7.50 to $8.25. Most heifers ranged from $7.50 to $8.35, |a few loads strictly god to choice 82.65 and 38.75. Vealers ruled most[ly 50 cents lower with the practical | top $9, a few selects still command- | ing $9.50. { In a steady lamb trade, a double [deck of Shorm Northwestern lambs {scalng 91 pounds, topped at $8, | other lower weights,

THE INDIANAPOLIS TIMES

PAGE 25

NEW YORK STOCKS

By United Press

Net Last Change Allied Stores 63% pmelada Am a2 Bk Note.

Am ; 8 Am Hide & 1. Am Home Pr .. 3 Am Inter : Smelt ....... &T

Am Am ¢ 44 peg Am Water W, Anaconda .. 2 Anchor Hock GI Arnold Const .. Atchison pf ... Aviation Corp..

“+

DN $

“IP RABIN -

—- and ra wy Wa Im

Bald Loco ct .. Barnsdall Beth Steel Boeing Air . Bohn Al & Br. Brises Mf n-M ‘pi Bia U Gaz Bulova

Canada Dry ... Can Pacific Case J I 8 Ches & Ohio .. 27 Chi Sl hh $ Ch & r RY .% eh Sw 5 Coca Cola Colum Gas .... com Credit Com. Inv Tr ... Comwlth & So. Cong Nairn 2 Cons Aircraft .. Cons Edison ... Cons Edison nf. Cons Oil Consmrs Pw pf Container 11 Cont Bak A ... cont Dia F .... Crane Co Crown Cork ... 28 Curt. pul), pr ... 3 curtiss Wr . 5 Curtiss Wr A.

BI I

LIND NDOT rt a NEY

—- wa —

ww Wal O + ND NC) os ot

BD tt BD bd aa

| Bourlas alr ...s

SOWS re- |

tiem Pont

Dow Du

Elec Bo

| El cattle |

Freept- Sulphur.

Gen Electrio ... Gen Motors 952 Gen Mogors ad 1 Gimbel Bro Glidden Goodyear, ...... Graham- Paige . Greyhound Cp .

@* IN Wea

Harh-Walk .... Homestake ..... Hupp Motor .

> aby ml 30 ” ea a

Inspiratn fp ' iu Hyd El . Int Nickel SALLE nt &

mt ¥ & T iis

tl Ee

Ei -3 o

Johns-Man

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS Yesterday +1. Week ago Month ago ... Year ago High, 1938, 134.35; Yow, High, 1937, 194.10; low, 20 RATLROADS frathagiangiatiiit 21.51

1 111. 8 -3.2 -—0.86 +1.11

Yesterday Week ago Month ago ... Year ago High, 1938, High, 1937,

32.33; Jow, 19.00. 64.16; low, 28.91, 20 UTILITIES Yesterday Week ago Month ago Year ago High, 193%, High, 1937,

21.86: 37.54;

Tow, 15.14, Tow, 19.65.

Net Last Change Parami Pict . 4 Para Pic 2 bf. ‘ies Patino Mines . ni “13 1% Phelps Dodge Phillips Ter 34 Pitts Sc&B Public Serv Purity Bak

Bier a Republic Stl ... Richfield Oil

Sears Roebuck. ! Shell hg oi "ei Skelly

ta No

Py Cd tk A pty

wo Nee 21 -TI TID TW =r OD

Stone & eb Sunshine Mi n. Swift & Co .

BERN A eae

Texas Corp ... TeX G. Sul . . 2 Tide W A Oil’ | Transamerica | Tri-Cont . [ 20th Cent-Fox.. 20th-C-Fox pf..

Union Carb

Un Biscuit . United Corp ... Un Gas Imp ot

682 437%

WHEAT PRIGES DIP

Net Last Change 97 3

High a7 Pr | Je 110 110

Low

U 8 Steel pf... 97 y

Va E1&P 8 pf 110

Walgreen Walworth

Noa

® »

Wayne Pumj West Auto Westing ®1 72 Wilson & Co... Woolworth . 42

~Je pl ~y rd

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BILONISII MI -

BOLONI BEI Bn tI HO

i Ks

Sheet

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Young

NAVY PREPARES PLANS FOR NEW

TYPE DIRIGIBLE

Lighter-Than-Air Craft to Be Capable of Launching Planes From Sky. PASADENA, May 5 (U. P).— Plans for lighter-than-air airships,

capable of launching planes from the sky, are to be prepared for the

| in detail by | braska, wheat farmer and regional

U. 8S. Navy by Dr. Theodor von Karman, of the California Institute of | Technology, and his assistants. Instructions from the Navy De- | partment to prepare plans, not | only for this type dirigible but others as well, have come following a long series of conferences between Western technicians and the Navy officials in the East. So confident are naval authorities that Congress will authorize construction of lighter -than = air craft, that they felt justified in ordering the preparations of plans.

Experts Called In Dr. von Karman will have as his principal associate in the preparation of plans Dr. William F. Durand of Stanford University. During recent conferences held in the

East, a number of lines were laid down for the preparations of the |

INDIANA WHEAT CROP INSURANGE PLAN LAUNCHED

Program Is Explained Meeting of Officials At Lafayette.

LAFAYETTE, May 5 (U. P).— The Federal Crop Insurance wheat program, designed to distribute losses over a period of years, was launched in Indiana today following a meeting of County, State and Washington officials at Purdue University. The new program was explained Leroy K. Smith, Ne-

crop insurance supervisor, and E. IL. Rhodes and R. J. Posson, specialists in the Federal Crop Insurance Corp., all of Washington. Marshall Vogler, chairman of the Indiana Agricultural Conservation Committee, announced that several district crop insurance meetings will

| be held throughout the state soon to | explain the program to farmers,

To Take Effect in 1939

be sold the in-

Although policies will wheat growers this summer,

| surance will not become effective | until the crop planted for harvest in |

1939, it was said. Premiums may be

| paid either in wheat or cash equiva- | lent, The program will be administered |

by the newly formed Federal Crop Insurance Corp. authorized in the Agricultural Adjustment Act of 1938. Under the new program wheat growers may obtain insurance against loss of yield resulting from all unavoidable causes. The amount of insurance a farmer can carry is limited to 50 or 75 per cent of the 10-year average yield of his farm, varying according to the productive ability of the land.

Premiums to Vary Premium rates, based on the erop loss of the individual farm, will

TONIGHT

6:00-—-Rudy Vallee, WIRE, 6:00-~Kate Smith, WFBM, 6:00—Alfred Wallenstein, WGN, 7:00--Good News WIRE. 8:00Bing Crosby, WIRE. 8:00-<Herbert Hoover, WFBM. 8:30-—Americans at Work, WFBM, 10:15~Tucker's Orch, WFBM,

Maybe you didn't know Uncle

Well, he is, with a dozen Federally sponsored programs on the air-—not

the major networks donate time for WPA broadcasters.

called “Mr. Mergenthwirker's Lobblies,” starting on MBS-WGN at 8 o'clock tonight. The Lobblies have nothing to do with hobbies or lobby - ing. They are the invisible friends of a shy little man who feeds them beer. In payment, they tell him of events before they occur. Originally they made their appearance on “Their Greatest Stories” series, another WPA program. One | appearance wasn't enough for the public, 50 now we are to have a series. » » ”

Engineer Bob Butterfield will be interviewed from the cab of his locomotive on the second “Americans | at Work” program tonight (8:30! p. m, CBS-WFBM). It should be an easier assighment for Bob Trout who “passed out” momentarily last]

week when his Interviewing assign{ment took him into a subway compressed air chamber,

nouncements caused

VERN io

(C PM Creview

Baseball

Tune Twisters fs or No

“sponsored” in the usual sense, for |

Latest in this series is a program |

ON THE RADIO

Addressing the Grassrooters, cons servative G. O. P. wing, ex-Presi« dent Herbert Hoover is to speak on “The Dangerous Road of Dee { mocracy” at 8 o'clock tonight, CBS | WFBM. The talk will come from | Oklahoma City where delegates {from Oklahoma, and six bordering | states will be assembled. And if

| CBS advance reports are correct Mr,

| 7 i r A= Sam was in the radio business. fStuyer will draw upon his observa

tions of governments and conditions during his recent European tour,

” ” » NBC's current Music Week attrace tions include a concert of Ferde

Grofe's music by the NBC Concert Orchestra, with the composer cons ducting (6:30 p. m. today, NBC-Blue) and a broadcast from the annual National Folk Festival in Washing ton (12:45 p. m. tomorrow, Red nete work).

n »

Tonight's Guest Stars « Clark Gable in his old “Manhattan Melo= | drama” role of Blackie: and Robert Young, guest m. e¢, "Good News,” NBC-WIRE, 7 p. vy « «+ + Walter Huston, Beulah Bondi and the ree markable blind pianist, Alee Teme pleton, with Crosby and Burns, NBC-WIRE, 8 p. m. . .. Alan Mow« bray and Montagu Love on George McCall's “Screenscoops,” CRS« | WF BM, 9:15 p. m. . Warren Wil« diam, interviewed by Elza Schallert, NBC-Blue, 9:15 p. m. . . . Boris [Karloff and the Colgate University Glee Club oR Je Vallee Hour, NBCe WIRE, 6 p. 1 ”

THIS EVENING

(The Indianapolis Times is not responsible for inaccuracies In program ane by station changes after press time.)

IN AT AS RE_1400 8 Net) (NBC-MRS)

CHICAGO WGN 720 (MBS Net.)

CINCINNATL Wrw ’ (NRC-MEX®)

Dick Traey Unannouneesd Paul Douglas Lowell Thomas

ill Anson thet's Or Sophisticated Orphan Annis

Sel. Easy Aces Varieties Dick Trare

Tunes Bs ws Orphan Annie

Pon Winslow Varieties ‘nannonnesd anl Sullivan

Sweet low OC or Eiteers

RB Els slognini s Or LA

3| 5853 | 53853

Kate Smith "

Rudy Valles

”» ”

= wr

”» ”

BBRSE | AAU | dia

Rudy Valles »” » ”» »”

Sinfonietta Green Horned

Major Rowes » »

Gond News

”" "

” ”"

" ”"

Good News Arden's Or, ’ i Crosby's Or,

Tomorrow's Trib

” ”"

Herbert Hoover At Work

Mu pie Hall » »

”» ”

RBH | Hadepny

Musie Hall ”» »”

Loffiies " Weher's or,

grade lighter

plans which the two men will fol- range from approximately three= low, tenths to one-half bushel an acre | They have been instructed espe- on the low-risk wheat land in some cially to make calculations designed | parts of the corn belt, up to two to avoid structural breakdown. [and a half to three bushels an acre While Dr. von Karman was In| on the high-risk wheat land in some the East, he attended meetings of | parts of the Great Plains area. the Institute of Aeronautical Sei- Premiums are based on actuarial ences, presided over by Dr. Clark | studied by the Bureau of Agriculs Milikan, the retiring president, aiso | tural Economics. Two figures are of the California Institute of Tech-| ysed in determining the premium nology. rate. One figure is the average Later, at conferences with the county loss figure, obtained by avers Department of Commerce in Wash= | aging the crop losses on sample ington, the question of airworthi=| farms for a six-year period. The

ance Or ussell's

FOR SMALL LOSSES

Weakness Develops After Opening Steadiness. .

87 75. A few spring lambs cleared | from $9 to $10. Slaughter ewes | | were quotable unchanged at $4.0 | down the rank and file of shorn offerings.

Amos-Andy A. Franklvn Theater Digest

Entertainment Amos-Andy Sereenscoons

Sports Review Felton's Or.

Kennecott Kroger G

At a Glance

GENERAL BUSINESS

Dun & Bradstreet reports week | ld May 4 bank clearings 45 448 674000 vs. $5,379,815,000 preweek and $6,613,905,000 year

ty od or wo

& B. ews Baseball News or, Nat. Air Mail ace Drivers assel’s Or, Crosby's, Or,

$323 | 2358 | 5353 | 53:

w - “

L-O-F Olass Lit rorillard iit

= hD nos

P. Sollivan Sweel Adeline Stabile’s Or,

ws Danes Or.

— io

Ne Tw ‘s Or, Ki Or.

| 3333 soos

eke ings Crosby's Or,

Martin Gl Mathieson, ..... McIntyre ort . Mont Ward ....

Garber’ & or, Reflections

Review Welk's Or, Garber's Or,

COB IND OW

" ~

Noone's Or. Gendron 's Or.

Gagher's Or, Week's Or,

vious ago Engl week AWwal previ 100:

| 1000 | Nat Biscuit

9540 | Nat Distillers . 7187 | Xa S I 4888 | N

5333

; | CHICAGO, May 5 (U. P.).—After | steadying soon after the opening, wheat prices again showed slight weakness on the Chicago Board of Trade.

Flo Rito's Or.

s-Record reports 5 construction rds $36,322,000 vs. $35,020,000 sis week and $39.431000 v i Y April awards $193,374,000, best

het

ng New ended May

neeri m——— Silent Snider's Or,

aaah

Nocturne Stent

pa anand Bord Drs a St | [SDDS | tt -— 23532

i H Moon River Unannounced

fom DOIIRI TDs La a RE A

$a08 | No Th . . 2000 | No Am Avn ...

ear

LD BT LI DY id

== 1934

6th | oss ses FRIDAY PROGRAMS

April since 1931, vs. $253,018.000 in March and $216955,000 a year ago.

CORPORATION NEWS

Coca-Cola International first $3.16 a common or $3.16 year ago.

Darby Petroleum Corp.

share vs. $762,437

1937 net

profit $478,320 or $1.36 a share Vs.

$444 140 or $1.26 in 1936. Foundation Co. (foreign) and subsidiaries 1937 $57,941 in 1936 General Outdoor first quarter net $236,608 year ago. ; Loft, Inc. first quarter ‘consolidated net loss $195,545 vs. vear ago. " United Shipyards, Inc. wholly-owned subsidiary 1937 loss $665441 vs. $230,722 in 1936. Unit ended April 721,798 kwh, year ago. © Wisconsin Public Service Corp. 12 months ended M: arch 31 consolidated income $1.280916 vs. previous 12 months. Worthington Pump Corp (Delaware) and domestic subsidiaries first quarter profit before Federal Income taxes. comparison available. DIVIDENDS

Coca-Cola International « $388 on common pavable July record June 11 vs. $3.89 April 1. General Outdoor Advertising regular quarterly $1.50 on preferred pavable May 23 record May 16 Vick Chemical Co. extra 10 cents and regular quarter able June A record M3

(Cops _ 1938, Hy A

loss $177,880 vs.

output cent from

30 ‘electric off 8.3 per

net

Jor. 1

"my il

y 18. nited P

Cur bh Stocks

By United Press / YORK, a (U.

as)

“Hh

PP), — Curb Net Open Change

1% 8

1% 1

NEW. Y ORR Ma

(esc do) 1 Tex n

(ort peso)

Corp. | quarter net income $759,815 or |

net loss $216,672 vs. |

Advertising Co. |

$143,719 |

and net |

ed Gas Improvement Co. week | 81.-

$1,358,437 | & Machinery |

$239665 | No |

Co. |

50 ‘cents pay- |

03T 0508 0905050505 0540 050%

0) RY NANOS ODUWOULOUD Ohba Ten ph ~10

| Bar: OWS and Shes

and 8

choice choice. . choice. . choice. . choice. . choice... choice..

DID ~1-10505250509 SOO beak fr pa

BILL 30000 UY SANDS AAD OHA

YLT FT TY

NN RA = y

Good | Pa king Sow Se

-37 -4 55 5 te

2: 5 550 e 4

i ed i Denn 2389 ~Fayar=y SCI pn NODD

8a (100-1

0) bigs © and choice. Medium .. . CATTLE Receipts, 656 —

Na >on

“3-7

750 260)

Soma OOOO NOD UN ADN

Medium 00) Common (p! ain) . Steers and Heifers— (550-750) ‘Good

=106035 05 2809 DOOD

AN wo

on >

{ (750-900) | 1550-900) ediu | (650-900) ‘Common

All Welghte—

Commoy n Tow cutter and ‘cutter Bulls Yearlings Excluded (all weights) — cights) Medium “and common

tter

All weights) Choice All weights) Medium (All weights) Good Ch ll and m cditm

Receipts, 633 —

(250-400) Choice Goo

C ommon Feeder and Stocker Cattle POTS — (500-800) Choice (200-1050) Choics (500-800) Good (800-1050) Good .... (500-1050) Medium Common

Heifers— (550-750) Good and ‘Choice Common, medium SHEEP AND LAMES Receipts, 908 —

Lambs (shorn)—

common Ewes Good and ‘choice common and mediu

CH ceipls 10¢ Jower 270- 300 9 7.90 sows, $7 25: ut Cattle Receipts, "$500 abridged: trade, tances higher 0 teers

TOAGO, . May. 5

13.000. Bs 1500 calves: ‘suy active; strong Ho choice steers

niles,

| ke t, gl - Feeders weak and scarce: hardly cows and heifers to make a nl kel: rong to 15¢ higher; active with buying, weight sausage ‘offerings $6.90; ‘choice vealers, steady at nly steady at $8(@8.50 heep- Receipts, 9000. 1500 ‘directs: fat steady, 10 Toe TOW woolskins down 4 bulk, $8%65 down; 'Calirs, $9.65 clipped la nibs, $8: about steady: . West oled $8.85; ‘clipped, above $8;

hippers up 10 $949.50;

above steady,

WAYNE, Mat Set Jos Ta

oe : calves, $9:

STOCK VALUES RISE 4 BILLION IN APRIL (3

i NEW YORK, May 3 (U. P)— | Values of shares listed on the New

Stags, $5.2 25: lambs, s 25.

"| York Stock Exchange rose $4006 -

U. 8. ST ATEMENT

WARHINGTON Mav § . PA Covernment expenses and 1 rent. fiscal Year Yared wit

» oo”

Expenses, Receiots Gross def.

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TID PG TI ARICIRL Caan OF

| BOT OBA TINIE SA IDI APD, DOD UIN DEDUES FY TPE Ty = TNR NIE OPP IOF «TED DTH pr

2 I OCD TO pI

BYE

| |

INDIANAPOLYS CLEARING WOU ER Crearines ..% 4.393 000 | Debits 11.898 000

FOOD PRICES

CHRYICAGOQ, Mav % (U0. PM Ap Tes Michigan Nec ros! L171 95. Sweet ota —$1,10G 1.20 —IiNols, bu. @ Sd, Tom Tory Tugs, Cauliffower—California, crates, Peas California, hampers, Celery FIorida, crates, $1 75@2 2 Nrariet CE Sake Texas Eellow uds c xXas ite Hi

hn.

ere

3 rr Oe Ey ay

81 Sas ! $1 stig 65. |

, ont on | ax,

| 305904 in April, the monthly tabu[lation by the stock exchange revealed today. | Values of all listed shares as of | the na of April stood at $35,864.- | TOT. against $31.858461871 at | the Ae of March, the exchange re- | ported. There were 1257 stock is- | sues aggregating 1.425.976.4209 shares (valued at an average of $2515 a | share. Af the end of March there | Were 1254 jssiies, aggregating 1.427.320.146 shares with an average | vale of $2232 a share,

{

See Final Edition of the Times for Closing Stock Quotations and Other Late News

| indicate

Boy

=r=

Pse G & 1 ... 28

TEST LEVEL SET FOR FRENCH FRANC

Decision Brings Excited Trade in London.

PARIS, May 5 (U.P.).— France today tested out a new level for the franc around 2.8 cents, the Jowest in gold terms in history. Other major currencies aiso dropped in terms of the dollar. The drop in the franc extended vesterday's loss to 23 points and carried the unit down to the lowest level in history in terms of gold.

I'ONDON, May 5 (U.P).—Decision of the French Government to hold the france at a level not below 179 francs to the pound instead of definite stabilization brought excited trading into the foreign exchange market here todav. The franc opened at 175 to the pound, but quickly fell to 179 francs. Forward francs were at reduced discounts. One month forward was quoted at a discount of one frane for buyers, against 2% francs vesterday, Bnd three months at 3 francs, against 4 Yesterday.

NEW YORK, May 5 (U.P) —The French franc broke 10 points in foreign exchange trading today toe 279 cents, bringing the unit into line with the temporary rate fixed by he French Gover nment.

LOCAL ISSUES

(By Indianapolis Bond & Share Corp) The fol VRE qu Sg do not represent actual bids erings, but merely the ApBYON mate market level based on buving and selling inquiries or recent transactions. BONDS

American oan Co 514% 1 i 10z Ind Tel (TH) 445s tt W 514% 53) ts t WW 6s 43.51. S 65 .. .

pyar

OOOO STOOP OIOOSO

Or OLE SIO

58..9¢. + 4 erstate Tel & Jel 51 8 63. pis Water ha SV

Se AT, fchmon Seymonr § Water “Works 6s 56

{ Water Works 6s 49 Trae Term Co 5s 57

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(By M. P. Crist & Co.) Market St, Mmvestment Corp.. xEx-Dividend.

LOCAL PRODUCE

Poultry—Heavy breed hens, 16c: peehorn hens, 13c¢; heavy broilers, 115-212 18¢; 9.3 ibs. and over, 2%: Leghorn i Ps, ive; bareback broilers, 15¢; old roosters, 9c. Fees No. 1 strictly fresh country run egps, 15¢; (each full case must weigh 55 Ths. gross; a net deduction of 15 cents for each full case ander 55 Ibs, ill 3 made). utter- No. 1, ha ae: No, 2, 25@25)%¢. Butterrat Ro nh,

BANK 8 STOCKS

Bank of LOLLLELRN Bank anhattan Bankers Trust hy, 48) ank of New York Trust .... rookivn Trust \ ? Giatie Hanover as .

Chemical Ccommercia continental . TT orn ronicugt Leib

Satan

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SARRARBRRANY IRA

At the end of the first hour of

2085 204) |

trading wheat was off 4 to 3 cent, corn was up !: to off 4 cent, and oats were unchanged to off 4 cent. Buying credited to the Southwest as well as to exporters led to a rally

in wheat prices from early lows. Receipts of wheat were 49 cars. There was fair demand for corn.

WAGON WHEAT City Tn elevators are paying for No. 2 red, c; other grades on Thott merits. Son Corn, new No. 2 vellow, 49¢c. Oats c.

ARGENTINE GRAIN BUENOS AIRES. May 5 (U.P) futures , opened _steadv. Wheat Mav. 9715c, off 14c: June, 983c, off lic, May, €8%c, unchanged, June, §5150 \ "an. changed. Oats— May, 30 unchanged. lax—May. $1.26, TE ihaneede June, $1.2 Sh, unchanged.

Grain

TAVERPOOL WHEAT (Fg, 8. equivalents based on sterling at $4 98%). Close May $ 98%: $$ 9 July 87% 9754 Oct. : . 9% 3 9515

N. Y. Bond. $

BOND PRICE INDEXES By United Press

20 Indus.

Low

S 53 Du ”

— LONI FS UND ILO ND In

6 B«

Yesterday Week ago Month age .... Year ago Two aL ago . 1938 high 1938 3 seit 1927 high 1937 low 1936 high 1936 low . (Copyright,

5.1080 YT. AWD IORN OD HOODOO ULINN-I00 ok pt BD -JOIDW TTY HOSEN WANN

od DSDOBWO SOW

LOVED OI NESDIS

SANIT IA! " jr

Oo OED 9 ho 22

aap 908 & 1938, Standard Statistics

May

NEW YORK. 8 (uo.

opened steady. Atch ao. 3 £ B & }

Norway 4: Pac Gas _& Fl 315 Pent R R 455 So Pac 35s So Rwy

CHICAGO PRODUCE

Market, steady, Receipts, fies cases. Fresh graded firsts, $ less than cars S46: eXtra acts, | : les than cars. receipts, 18! age packed firsts, 20050; unsettled.

ate 2034 But 892, Extra firsts score), extras (92 scare), ®irsts, 22% 42 . seconds, 21@21'5¢; cials, 264 @2815c: standards, 283c: (88 score), 231.c; centranzed C, v--Market, steady. Receipts, Ducks, 13/7 14c; geese, hen feghorn hens, 18c: 24@26c; roosters, 1315 : 59 Wo4c: broilers, 19G 3%. ‘Cheese— Twins, 13%a'@ 13% @14%c; longhorms, 13% @14¢c Potatoes—Supplies, moderate: demand, light; market, steady. Idaho Russet Burbanks, $1.20 1.40: Michigan Green NS: tains, $1.25; N. Dakota Cobblers, $1 New Stock—Supplies, moderate: aeman | ight: market, steady Yonisiana Bliss Triumphs, $1. joa). 75. Alabama Bliss Tri- | Amphs, $1.60/11.6 : Mississippi Bliss Tri- | umphs, $1.47 | Arrivals, te on track, 264;

Feogs—-

storage packed

Receipts, (90-912 26¢: svecen - (89

1 Mah ket, T34 gross 241 B25, c;

OROVL )19¢. c; daisies, 1334

. CARBON MONOXIDE

PROVES S INSECTICIDE |

his insidious enemies slowly pilfers ing his 400 bushels of corn. So he cut a hole in the tin barn, | Jacked up his automobile so the | exhaust pipe would be opposite the | aperture, attaching a hose into the | building, and started the motor. The deadly carbon fumes quickly did the job.

BUSINESS EDUCATION

Btrong Accounting Bookkeeping, tenogr de and Secretarial courses. ay a ate seszions, LI ncoln 8337 Care, Principal).

Central Business

Pobiels a an a oo

Mason tried a carbon bisulphide | solution recommended by a county | agricultural agent, but wasn't satis | fied with the resulis when he found |

i that Dr.

: to a general aeronautical

| have.

ness regulations was weighed care- | fully. Still later, at the request of | the navy, Dr. von Karman went to Langley Field for further conferences with those who have had the most experience with the Navy dirigibles in the past.

To Present Plans in April

The new airship specifications

von Karman has been asked to prepare will be presented confer-

ence in April. Investigations at the Guagenheim Airship Laboratory at Akron for the Navy have developed such important results in connection with the question of airships in gusts of wind that Dr. von Karman recommended the Navy continue

with the research. Dr. von Karman has arranged with two foreign observers, Prof. I. | Prandtl of Germany, and Prof. G. 1. Tavlor of England, outstanding authorities in their field, to come to the coast and give him the benefit | of all new information they may |

Naval authorities here still are! convinced that lighter-than-air | craft offers the only solution for | Jong-time observation from behind | the lines, while the new project of carriers would give a distinet advantage in aeriel defense and offense.

YOUTHS ‘TAKE OVER® |

P.) —Bonds | Open Change | 1031 ,

mn * |

shipments, |

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and

monoxide |

! {

| servance of youth's day

EXCHANGE FOR DAY,

——————— { ”

NEW YORK, May 5 (U. P.).—=A 19-year-old junior page boy today | was “president for a day” of the | New York Stock Exchange in obs | in industry. | Daniel G. Cone, the youthful president “pro-tem.,’” like Charles R. | Gay, the regular incumbent, is a resident of Brooklyn. He entered the employ of the Exchange in | February, 1936. { At the same time, Charles H.| Kerr, 23 years old, became the | Exchange's first chairman of the |

| board.

Youth's day in industry, which is the dignified title conferred upon the former annual boys’ dav, saw junior employees filling all official positions on the Exchange.

| ques studied in

second figure is the six-year average loss for each farm. Both figures are adjusted to a 10-year basis. The average county loss figures were the ones announced today. The Marion County loss figure for insuring three-fourths of the avers age yield was set at 1.3 bushels an acre. For insuring one-half the average yield was set at .7 bushels per acre. The county average yield for 10 years was 19.2 bushels per acre.

MONKEYS IN JUNGLE GET BROKEN BONES

CAMBRIDGE, Mass, May 5 (U.

| P) ~The jungle animals are beset

with disease and injury, according to observations made by Harvard scientists on a recent field trip to

Siam, Bornes and Sumatra.

Their findings dispute the old

| theory that jungle animals live in a

state of blissful health in nature. The expedition found that almost all gibbons, orang-utans and maca= Borneo were infested with parasites. More than 10 per cent of the monkeys were found | to have suffered serious bone fracs tures.

FAIR AT LEIPZIG

IS A BIG SUCCESS

LEIPZIG, May 5 (U. P)=The 1980th session of the Leipzig Fair

| proved the largest and best attend(ed in its long history of T00 years, |it was announced.

totalled The an in-

Exhibitors and buyers 200000 from 7T4 countries. Fair included 9650 exhibits, crease of 650 over last vear, Two of the largest exhibition halls in the world were added to the 45

| already in use. More than 5000 mas

chines, including the largest types of equipment, were shown in active operation.

Colonial

Savings and Loan Association 28 South Illinois St,

Chart Shows How Savings Grow at

Compound Dividend Rate!

Carnie

OF INDIANAPOLIS

Insured SAFETY

for SURPLUS FUNDS*

Certificates earning same dividends are fxswed in units from Ine $3,000 to lump investors,

Funds Invested by 10th of Every Month Earn Dividends From 1st of That Month

Write for Folder egplaining INSURED Accounts

SAVINGS & LOAN LOAN ASSOCIATION

All Accounts INSURED up to $5,000.00

EDERAL

23 W. OHIO ST.

PERM

Net )

INDIAN APD: 18 WIRE (NRC. MRE)

CINCINNATE Ww 7

ome CARD LW 1 (NRC-MRR) “nh

(MRS. Net)

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MUTT

KEY NETWORK S STATIONS (Subject to change): NBC-BLUE-WJZ, 760; WOWO, 1160; NBC-RED=<WEAF, 660: WTAM, 1070; 750; WHAS, UAL=<WOR, 710; WHK, 1390; WHKC(,

WENR-WLS, 870: KWK, 1350, WWJ, 920; WMAQ, 670. 820; KMOX, 1000: WBBM, 776. 640; CKLW, 1030; WSM, 650,

CROSSWO

RD PUZZLE

HORIZONTAL 1, 6 Swedish picture star

Answer to Previous Puzzle

{68 Her native city. 18 Information.d

shown here,

20 Farewell,

10 To run away. 120n the lee. 14 African tree. 15 Fowl! disease.

22 Ascends. 23 Named. 26 Suffix forming nouns,

17 Tardy. 19 Castle ditch. 21 Oat grass. 23 Slow (music).

27 Meadow. 28 Obscuration of the moon, 20 Devoured,

30 Therefore.

24 In the middle

38 Moisture,

of. 25 Liberation, 31 Twitching. 32 Bone. 33 She was brought to Hollywood by her Swedish

wee (P1.)s 38 All right. 36 Fixed courses of study. 38 Beer. 30 Swamp. 41 Dhener,

49 Mine, 51 Cleansing substance.

heals.

a War flyers, 57 Lion.

ber, 50 She gained her success

in m———

60 She is known

Y 53 Stone worker. 9 Musical note. 54 Anything that 3 Braltant

5 Century plant on stage.

34 Perched. 37 Whist combination, 40 Deduction. 42 Battering machine, 43 Males. 45 To wander, 47 Evils, 48 Weaver's frame. 80 Pertaining to wings. $2 By. 54 Morsel. 56 Tone B, 58 Postscript.

as a woman Of wees,

VERTICAL

4 Emblem. : Monkey. 6 Aperture,

8 Hearsay, 9 To exist, 11 Snaky fish. 13 She is a cw creature.