Indianapolis Times, Indianapolis, Marion County, 10 May 1938 — Page 15

TUESDAY, MAY 10, 1938

THE INDIANAPOLIS TIMES

FRACTIONAL: DROP FOLLOWS EARLIER IRREGULAR TREND

Technical Cause, Traders

Factors

3elieve, PD). after light-

NEW YORK, May 10 (U. Stocks turned lower today early irregularity. Volume ened, Traders said the rise had been too rapid and ascribed the decline to technical considerations since there was nothing in the news to affect prices. S. was ison

UU. Steel around 1:30 p. m, at 45's, off %; Consolidated Ed 26. off 3%: North American 21, 53 Du Pont 105%, off Anaconda 29, off tric 19, ‘Off 1%; 1315, Off x, and 13 3 ia

O14» Southern Pacific

New York Central

s+, Off

» =

Today's Business At a Glance

GENERAL BUSINESS

American Bureau of Statistics reports March world gold production (excluding Russia) 2,531,« 000 fine ounces vs. month and 2,421,000 year months 1938 production fine ounces vs. 7,088,000 year ago,

ago,

a Oo

Metal |

| | | |

{ only a mild decline and mostly

Hogs Above 160, S

[tase 5S Cents On Heavy Run

Another liberal unloading of hogs for the Indianapolis trade suffered in sympathy with losses elsewhere, ac-

| cording to the Bureau of Agricul

off |

; Westinghouse Elec- |

tural Economics. Receipts of around 9000 head sold 5 cents lower on weights above 160 pounds and light-

er weights showed no change at all |

from Monday's levels. Trading was active, with a good call from local Killers especially. Top dropped to $8.10 for good and | 160 to 180-pouund weights. Packing sows sold unchanged with-

choice

in an extreme range of $6.75 to $7.35,

| | | | |

2.362.000 nrevious | first | 7,395,000 |

| good,

Corn Industries Research Founda- |

grind for use

corn domestic

tion reports April products going into 5,141,138 bushels. Oil & Gas Journal ended May 7 domestic crude oil pro duction averaged 3.374375 barrels {aily, off 18,667 from previcus week CORPORATION NEWS subsidiaries

$434,889 $017,115

and profit VS.

corp rter n a ago, &

consoli

Amerada March qu equel to 59 « or 66 cents

el ents a share year Denet incents a 1 ‘or less

American Power Light Co cember quar fated come $2,496,546 equal to 3 common share vs. $2.430,23 than a year ago Buick aD: 18,150 month dealers 99 793

Ja, (ad

yeatl

cent General Motors retail deliveries VS 15,435 previous 93.397 vear ago: Buick April used car sales 31,639 vs month and 34918

division of April domestic units

ana

previous ago. Lilv-Tulip Cup Corp. 12 months March 31 net profit $297818 7 a share vs. $480,334 o1

eN( ied cqual 1.5 $2.53 year ago.

Liquid Car quarter profit

ponic Corp. March $116,742 equal to $126,910 or 18

net

cents a share vs

cents year ago

April sales year “go

Ward Co $40,085,578

cent

Montgomery 37.062.930 vs off 15 per J. C. Penney Co 70.935 vs. $20,232, 0.6 per cent. Rand Mines Ltd put 982.964 fine ounces 516 previous month,

_00

1 SQ {LS

ago, up

April 760 vear

April gold outvs. 1,012,-

estimates week |

| opening

| choice

San Diego Consolidated Cias and |

ended March $1,437

12 months $1,231,171 vs

Electric Co 31 net income 040 vear ago United Piece Dve Works and 1937 net $813,624 in 1936. Acronautical R586;

sub-

loss VS

ob Lie

sidiaries $18

59 308 Wright quart net 98 cents Aa cents year

Corp ’88 eq $286,353

1al or

profit share

ago

DIVIDENDS Bay Mining & 75 cents payable S1 Doe &

cents

Hudson ing Co record May Spencer

qua

June 27 10. Sons,

of Kellogg 40

June* 10,

Ine. come-

regular rterly on

mon payable Det regular &1

Timken- roit Axle Co 75 on record May 20

eht 1038 bv Un

erly

sd Press)

Mareh | to |

48 |

Smelt-

record May

preferred payable |

D AIL Y PRIC E INDEX |

NEW 10 CU. PD Dun & price index of mipiled for oq 100): Yesterday Week ago Month ago Yoar ag 1938 high (Jan 1938 low (May

FOREIG N

Man

YORK, May Bradstreet, daily 30 basic commodities, United Press (1930-32 als 107.13 106.98 108.43 146 63 117.06 106.89

Po noon

NEW VORK veh v OR ¢

Change

00's onan 'a 0001

onto 000! non2's 0001 0001 0001's 00's

Te h (ven) (n) Nominal

U. S. STATEMENT

Ww ASHING TON. M: P.).—GovSOS § for the 8, com-

ME JOfte red.

10 (U

pints receipts

1d rough May

vear

pS, '<

gtd “with a Year Expenses Receipts Gross def. Net d

205. ‘663. 780.7 3 238.464, a 2,139,167,535 30

361.37 3 £10.8

591.041 .22

77.163 876.498

toms. . 320

INDIANAPOLIS CLEARING rings

HOUSE $2 951,000 5.969.000

FOOD PRIC ES

C HICRa0, May. 10 (U. P.). Mi McIntosh, $1.156:1.25, Tennessee, bushel hampers, Carrots Nisa issiPhL and Oklahoma , Spinach I1inois, bushels, 65 Florida, Mugs, $1.5062 -C alifornia, ‘crates, $1.85%@2 California, hampers $1.50@2 15 Florida, crates, [email protected]. Onion Market (30:1b. sacks) Texas, Yellow Bermudas, S127T@135, Texas White Wax, [email protected],

Pea as Celery

weighted |

mostly $6.35 upward. One of the heaviest runs of cattle of the season consisted largely of beef steers and heifers, with good and choice grades predominating, in fact killing quality was probably the most desirable of any day this vear. Despite such a liberal supply, the undertone here is relatively and early steer sales were

made largely on a steady to 15 cents lower basis, with the loss on good and choice grades. This wipes out the advance made on Monday. At mid-session the steer trade has

slowed somewhat, and some bids are | | Curtiss Wr

Off as much as 25 cents, but indica-

tions are the outlet is broad enough |

to absorb the crop about like the trend. Heifers are selling steady, although in ine the buyer is getting the

generally stances edge Cows are scarce, steady along wtih loads - of strictly steers are being offered Killers at $9.25 to $10, but will turn around $8 to $8.75.

and are selling bulls, Several choice weighty

Some

at 89, $8.75.

still hela with most sales 88 to Vealers regained the slight loss recorded on Monday, and a few selects brought $9 50. practical top $9, Most of the lamb crop were shorn

Texas offerings which moved gener- |

ally only 87 85

hulk

steady. Best at $7.50 graded good, with other consienments to $7.25 and throwouts down to Slaughter ewes lost 25 cents to from $3 to $3.75 for shorn

HOGS

Barrows and Gilts (140-180) Good and (160-180) Good and (180-200) Good and (200-220) Good and

choice choice choice choice choice choice chotee

220-250) Good and 250-290) Good and 200 and

~T-T-13830330

3501

acking

Good Sotve

~F-T-T-7

laughter Pigs (100-140) Good and cholee Medium

Receipts Choice Choice Choice Choice Good Good Food Good

2510 (750-90m 00-1100) 1100-1300) 1300-1500) (750-900) (900-1100) (1100-1300 (11300-1500) (750-110m (1100-1300) (750-1000 Steers and (550-750)

Medinm Common Heifers Good 3 HEIFERS Good Medium Common

Cows

~IXBWHBWIOD0D

(plain)... 650%

7.75%

(750-900) (550-900) (650-900)

7.50@ 6.50 @ 6.500

All Weights—= Good “e's Medinm Common . Low cut cutter...

Bulls

all ail

ter and Yearlings Good (All weights) Cutter

Excluded

nee!)

weights) ' 6.50% 6.25@ 5.50%

Medium and common Vealers Choice Medium Good medium

eights) hts)

Receipts, 738 Choice Good 6.001 Medium 575% Common 5 25@

Feeder and Stocker Cattle

250-400

Steers (500-800) (200-1050) (500-800 (800-1050) (500-1050)

Choice Choice Good h.T5 0 Good ‘ve Sm Medium . 8.75% Common 5.00%

7.25® 7.25%

WDD ANODHNIDD

Heifers (550-750) Good and Choice . Common, medium SHEEP AND LAMBS Receipts, 1428 fshorn) "n .. “ee

75@ 5.00@

AT BIBVIBD

-3-3 aan

Lamhs Chote Good “a Medium common Ewes Good and Common

choice ... and medium

CHICAGO, May 10 (U1. P) Hogs Receipts, 15,000: 4000 directs; market, slow, teady to 10c lower. top, $8.05. 1680-230 Ibs $£7.85678.05. 240-200 [email protected]; 300-350 Ibs, $7.50% 7.75; mostly, $6.75 17. butcher kinds, §7.10% 7.35, fat

Cattle ~Rpceipts, 0500; calves, 2500:

| steers and fong vearlings in excessive sup-

| $3.75

Apples eet

ply prospects, 25¢ lower: medi um grades scarce stendy to weak nt $8.25 down; early top fed steers, $10.15: 1e held at $10.50; few loads, $3.50 9.50; very active market on light heifers: cows, very scarce, general market, firm: bulls, weak to 15¢ lower at $6.90 down: vealers, firm at $7.506'9.50, Sheep Receipts, 10.000; 4500 directs: wooled offerings, $8.1048.50; clipped lambs, $7,406 7.75: choice Colorado spring lambs. $9.40; sheep, 25-50c lower; shorn ewes. down; trade, slow; wooled lambs down from $8.50; choice clipped lambs, $7.50@ 7.60; sheep, weak to 25¢c lower: choice Texas ewes, 33.50

LAFAYETTE, May 10 TU. Pr) Market, steady: 160-200 Ibs. 220 Ibs. $7.75 7.80: 220-240 7.70: 240-275 Ibs, $7.5567.60: $7.40 7.50; pigs. $7.50 down: down, Calves, $848.50. Lambs, FT. WAYNE, May 10 (U. P Market, steady: 160-180 Ibs, $7.00: 180-200 | Ibs, $7.80: 200-220 Ibs. $7.70: 220-240 hs, $7.60: 240-260 hs, $7.50: 260-280 lbs. $7.40 280-300 lbs... £7.20: 300- 335 ‘Ths... 3% an 328350 lhs,. *7.10 Fe T60 a $7.85; Ibs $7.40. rouchs, 75; stags, Calves, $9, Lambs, $8.

common and

Hogs $7 Jas. 2001bs., 65% 275- 305 ‘Ibs.

anghs, 50.

Hogs

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

\ 4

| Com | Com Solvents | Comwlth

| Douglas | Dow

{0 eastern the bulk |

750 to 80M-pound heifers are | heifer | was

the

| Gen

| Bull Fd

| Instl Secur

Y | based

| American Loan Co

5 | Interstate

PAGE 15

By United Press

NEW YORK STOCKS

High 2% 46

Net Last Change 2% 46%,

Low 2% 46% 1

Va Ya n

Adv Rumely Va fe > . bo

3 Ya

14 15 14 L328 88!

Am An

00! Anaconda . Arnold Const Atl SC Line Atlas Corp Aubiith Auto

Bald 3% ct Balt Ohi Rarnsdan

Blaw-Knox Boeing Air Borden Bdgept Briggs BRIyn-M Bkiyn & Budd Mfg

Brass Q Tr.

Cal Packing Canada Dry Can Pacifie Case J 1 “u Caterpillar T Celanese “i Cent Foundry Cerro de Pasco ! Certain-teed " Ches Corp Ches & Ohin Chi Gt W Rv Ch & Nw Ry Chi Pneu T Chi Pn Tool Chrysler Cleve Graph Climax Moly Colgate P-P Col Broadcast Col Broadcast Colum Gas Inv Tr

8 " 4

Br Co

A B

1 Edison 2 Comwlth & So Comwlith So pf Cong Nairn Cons Edison Cons Oil Con Tetxile Container Cont Bak A Cont Bak B Cont Dia F Cont Mot Crane Co Crosley Rad Crucible St curtis Pub wr

Curtiss Ah

Co Hud & WwW ni D Cast. Air Chem Du Pont

Deere & Bel & D Lac D&: Rew ! Doehler 18% 481% 1062 106%,

16% 48% 10687, 106!

| Blee Auto 1...

Elee Elec

oBat

Pwr & Lit

Evans Prod +. Morse . Wat 8 A Mlintkote Food Mach Foster Wheel

Gen Gen

Tr 384 381% 36% 36% 261, 26

& E A 1 1

NY ESTING

(By the Inv, Bkrs. Conf

Gen

COS S

Ine

Nn 3.4.

AIDE 323

In C 1865 Bas Ind 2.9% Bos F Inc 13.0 Brd St In 21.97 23.50 Mass 2.25 13.3% Mut Inv N 3.90 N-Wide sec Tr 44 21.98 vig Inv 3.16IN Eng Pd 50'N Y |

13nd S35

Can Cent Cmwl

W-I-323%

Cumy T D B NY Deps In

DAI

Po er WIS

Tw ~1%

In € Am In incme In Trst : Am Tr 88 Std Util Sup. Crp A 3 OB

3.30 Rep

en sat SZ3ZAGRT

Pd In Inc 1 A 3 Fi 27.80 2

B Gen Cap

| Group Securities Rric 1.04

Supvsd

Niu © 2.1

Incor

93 13.58

Ins Grp i 30 Invest Bank Corp, Banc Bir 4.12 Bos 16 75 LE 25

LOCAL ISSUES

Indianapolis Bond & Share Corp.) following quotations do not repro actual bids or offerings, but merely indicate the approximate market level on buying and selling inquiries or transactions

BONDS

well “ond

1st

(By The sent

recent

Bid 95 102 103 104 104 . . a5 5s 97 4] Tel & Tel Hlos 63. . R6 Indpls Water Co 3'as 686 101 Kokomo Water Works 5s 38 .102', Morris § & 10c Stores 5s 50.. 98'y Muncie Water Works 5s 65 ..102': Noblesville HL&P 5'ae 47 ....100', Service 6s 47 . 98 4',5 65 "“ « 3B Richmond ww 5% 57 103'% Seymour + Co bs 49 100 1 s 6s 56

T H Water Works Bs 49 Trac Term Co 5s 57

STOCKS RR St Yds com RR St Yds Cent Ind Pwr 7% Home T & T PF Hook Drug Ine com Ind Mich 7° Ind Gen Sery Ind Hydro Indpls Gas com Indpls Pwr & Lt 67 Indpls P & L 6', Line Nat Life N Ind Pub Serv Co pfd 5'% N Ind Pub Serv 6” N Ind Pub Serv 77. Pub Serv of Ind 67, Pub Serv of Ind 7% Progress Laundry Co co S Ind Gas & Elec 487, Terre Haute Elec Co 67% Unton_ Title Co com Van Camp Milk Co pf Van Camp Milk Co com

(By M, P. Crist

Market St Investment XEx-Dividend,

BANK STOCKS

Bid veenaees 411 2

s 46-51 las 61 Has BS

5! Citz Ind H Tel & H Tel & w W 6s 43 Ind Asso T 4158 65 Int Tel Co 5s 60 Ind Railway Inc

Belt Belt

Co 67, Elec 7% d

ine

pla

& Co.) Corp... 21.79

Bank of America .... Bank of Manhattan .. Bankers Trust

| Central Chase Chemical Commercial Continental Vea corn Exchange | Empire ae First National ...... Guaranty vee Irving | Manufac turers National

Hanover

Title “Guarantee

LOCAL PRODUC KE

Poultry-—Heavy breed hens, 18¢: hens, 13¢; heavy broilers, 1a to 18¢c; 2 to 3 Ibs. and over, 22%; broilers, 17¢; bareback broflers, roosters, 9c, Egrs-—No.

y eghorn bs.

3 isi 15¢, old

1 strictly fresh country run egrs, 15¢ (each full case must weigh 65 Ibs., gross: a net deduction of 15 cents for each full case under 55 lbs, will be

utter—No. 73%@38c: No, 3, 235@

28lze, Butter fat. 0, 1, 22¢; No, 3, 20c.

"| offerings.

9H!

* | Two Years Ago

ast

Gievhound Opn Grevhnd 5's pf Gulf Mobile No

Hecker Prod .. Hudson Motor. Hupp Moto Hudsh Bay Min

B41 12 5% 60% 80% Int H) 6's 6% Int M e 3 3 Int 9 9 470 47% ne

Int Int 'e i's Int ' 3010 301% Int vv B% Bi Int For... 8% 8% ga THY, ai Kennecott vey BD 38% Kresge 88 . 18% 18% a — 2% 1% 257% 94

Inland Stl Inspiratn Interlake

641% Cop... 2

Ir 0%

T&T

Johns Mah Te

2% 4% 25% nN

2% 4% 25% iy

Leh V Coal pf. . Leh Val RR Lehman Ls erner St rs

PIT TRADE QUIET;

Market Tone Firm: Corn Offerings Light.

CHICAGO, May 10 U. P). the Chicago Board of Trade today. At the end of the first hour of trading wheat was up % to %, corn was off 's to 4, and oats were unchanged to off 1x, Price changes after were small, but played firmness due in part to light The upward tendency in the stock market also attracted ate

the opening

| ‘tention.

| Reports from Ok [ing the possibility® of [damage to wheat in that [a firming influence, Export demand remained rather slow with importers probably awaiting the Government crop report this afternoon. Receipts of wheat were estimated to be nine cars, Trade in corn continued light with some selling appearing on the small rallies. A few small lots of | corn were reported sold Corn receipts were estimated to be 212 ‘cars,

more rust state had

WAGON WHEAT elevators are naving for No other grades on their merits, new No 2 vellow, 49%. Oats,

City red,

ash Ge.

gratin 69¢ coin,

LIVERPOOL. WHEAT Equivalent: Based on Sterling t $497)

(U. 8

Prev Cloxe an OB 5

Close $ OAR'u % JT% 05%

High Low $ ORY, 8% ORM 97% 97% i) 951

ARGENTINE GRAIN BUENOS AIRES. May 10 (U futures opened stead: Whent May, 9%, unichanged fav, 87 ‘ae, unchanged, unchanged Mav, 30%ec Flax May $1.25 £1.26 unchanged

P.) Grain

unchanged, June

1 C June 337 Onts unchanged

le, unchanged, June

N. Y. Bonds

BOND PRICE INDEXES (By United Press) mn mn Inds, Rails R06 57.3 ns MAS 2 55K

02 MAN

"n Utils, non nnn R06 ma nes 104.8 nn ana 19% 3 101.2 106.0 92.3 106.2 103.5 Statistics

rH Bond Open Change

Yesterday Week Ago | Month Ago Yeur Ago

‘ 50 " ne NR Xi.0 Mn 5.0 R01

MUNN ns 1938 High 193% Loy 1937 High 193% Low 1936 High 1936 Low (Copyright, YORK steady,

1938, Standard Co

NEW 10 opened

Chi E Tl 5s

May (U

Tokio Ei West Pace

Curb Stocks

By United Press NEW YORK, May 10 (U. tocks opened firm,

B Mns

PrP) Curb el

Change

—_—— =

am =

Am COC Cities Serv Cons Cob Creole Pet El B & § Molvhdenum Niag P Pant hc Oil Technicolor Uh It & P A

CAR LOADINGS INCREASE

limes Npoeinl

WASHINGTON, Mav | nue freight loadings for the week ending April 30 were 3.7 per cent | above the preceding week but 302 per cent below the corresponding week last year, the Association

van y

83 —— x

3 DOL BI BE DD 7

10. <Reve-

day. Loadings totaled 543.075 cars com- | pared with 777 Fa for April, 1937, [and 906.879 in Hy

New Business Books Available at Library

The following new business books now are available at the business branch of the Indianapolis Public Library:

ru Bl. 1C nH ATIONS FOR BANKS, Ra n ‘Balesmansghip of has to to the

the institution customers and

TROIE Ce .. la-

ERY ios to its publte.” THE IN oN TONAL TION OF LAB B. The movement bor legislation, the labor a that have resulted therefrom, legislative developments that enable the United States to do more toward treating labor problems in an international wav, BUYING FOR RETAN Lh by A, Brisco an J ate, “During the he hy ‘oF are: stores have been seeking scientifically trained men and women to assume buying responsibility.’ THE SCIENCE OF VALUATION AND DE PRECIATION, hy Fdwin B. Kurtz. ‘Application of mortality jaws of physical property in estimating and accounting. OCCUPATIONS IN RETAIL STORES, by Dorothea de Schweinits. Detailed descriptions of 45 occupa tions in the field of retail selling,

IR. BPEL

“2 SAFE DEPOSIT

BOX IS LOW COST INSURANCE 9 Different Sizes

$3 to $100 A YEAR Trust Co. 130 E. Washington »

WHEAT SCORES GAIN

Trading in wheat remained light on |

the market dis- |

homa indicat- |

abroad. |

" | board

» In an

5 of 3 | American Railroads announced to- |

High nn 20%, 38 16% « 43%

Low

Libby McN & L L<O<F Glass

Link Belt

Lou G&R A Lou & Nash

Macy RK Magma 2 Man El mod gtd Marine Mid Martin Gl May, DS MeCall Corp MeCrory McIntyre Pore McKeesport Mead Corp Miami Cop Mission Corp Mont Ward Motor Prod Murray

| Nat Biscuit Nat Cash Reg [ Nat Gypsum Nat Mal & St © Nat Pwr & Lt Nat 8Bup Penn | Nat Sup 2 pf Newport Ind - Central

No Pacific

Ohio Ol Oliver Farm Bq & Oppen Coll | Otis Elev

Pace. CG & Bo.

Paraffine Cb Paramt Piet Park Utah Parmelee Peerless | Penn D Cem

| Penn MaLguette G Do 25

Pere Phelps Phila Co 8 pt Phil Morris | Phillips Pet Pitts Ce & Pitts United Pivmouth Of] Press 8tl Cat Procter & G hbie Serv uliman Pure Pure O 8 nf Purity Bak

Radio Radio-K.Or Reliable-8tores Reliance Mfg Co Rem-<Rand Reo Mot Republic Stl Revyn Tob B Ruberotd

AIC Dal ne =D IAI

ws -~

8t Joe Lead { Seah A L Servel Inc Sharon 8 H Sharp & D | Sharp & D pf Shell tn ‘Oil | Skelly Oil Jocony Vae 86 Cal Ed | 8outh Pac {South Ry | South Ry pf Sperry Corp | Spiegel Mfg | Square D | Std Brands Std C Toh Std GE | Std G&E pf Std SS : pf Std | Std ai x J | Stone & Web Sunchine Min Superht Swift Intl | Syming Gold | By Gould xw

& =

3 a

Tenn Corp Texas Corp Thomp Stay Tide W A Oil Timk-D Ax I'ransamerica

Trans West Afr

Unon Carb Un Oil Cal Un Pacific Un Aireraft Cp Lines | Un Biscuit United Corp United Cp pf Un Gas Imp I' 8 Hoffman U 8 Ind Ale {U8 Pipe & F { U 8 Rubhet US R 1 US U8 U Un Stk Yd Un Stores A Ut P&L A

{ Vanadium

Bonds |

1.8 |

Walworth Warner Bro: West Auto Sup | West Union West Air Bke . 22) Westing Fl 80M Weston El In 15 Willys Overld pf 4% Woolworth 43% Worthington 161, sr 12%

Sheet 33

Yellow | Young

‘EL

Net

Last Change

4 W

=»

ROOSEVELT KONA

STOCK HEAD To BE

ol SELECTED MONDAY

NEW YORK May

| will assume his duties

| . | chairman of the board

10 | William McChesney Martin Jr,

U. PD 31, the new the New

as of

York Stock Exchange next Monday.

On that date governor's, elected meeting yesterday,

the new

will

board of the annual select the

Exchange's first paid president un-

[der the constitut adopted

The

new 27 governors proposed by

total of 924 ballots out 1375 were cast, an unu uncontested elect Martin is a partner Louis firm of A. G. and has been a membe Johnny since July 10,

CHICAGO

Market fresh graded than cars 19¢ 19%e¢; lexx than cars current receipts, 18'4¢ | Age packed firsts, 20'zec

Eggs CASes, less 19! ¢ dir

Market, steady. | 465 gross Ibs. extra firsts 24, wah ic extras (92 22% 23 ac seconds 2660261 5¢c. standards, 25¢ score), 22%e. centralized | Poultry Market, steady 44 trucks: ducks, 136014e | 18'2r21c Leghorn hens 247 28¢c. roost

| chickens hroflers, 194 22¢c. fryers, Twins, 13%

156 10%¢ Cheese 13% fr 14c; Longhorns, 13% 6 Supplies steady

Potatoes fair: market | banks, 21.506@'1.65; | $1.25@'1.30: North Dakota $1.35 New Stock Demny , moderate; market Triumphs, [email protected] | Tejumphs, $1.85, Miss £1.80 "o J rival, 83

Michiga

on track,

for the were elected without opposition

sfeady r firsts extra

storage

score) 216r21'5¢

geese ers 13 qe:

moderate: Idaho Russet

steady

290;

fon recently the new Exchange

of a possible sual number fon. in

the St

Edwards & Sons the Ex- |

r of

1931.

PRODUCE

28.410 19'5e,

eceipts, cars, fir ties, 17¢ packed

N88 score firsts specials centralized (88 80 seore), 23¢ receipts, 1 ear, fc; hens spring 14 5¢, turkeys

Daisies,

receipts 00-01", 26¢

18¢ 13% 2641 24c,

i 14c demand Burn_ Green Mts Early Ohios 1d. slow MUP - Louisiana Alabama Bliss liss Triumphs

shipments,

TWO STUDENTS DIE

IN ILLINOIS CRASH

May 10 |

MORRISONVILLE, WU. P).~-Two

10, university were Killed here today

students when the

automobile in which they were driving crashed into the rear of a trans-| port truck being driven by Charles |

Hunter, 24, Route 48 wy of here, | The

Louis, Mo., on State |

two are Lawrence Tex, 25,

Taviorville, and Dan Fox, 24, Kent, |

[O. Both were students | University.

at St, Louis

| the Butler

| are valued at $45, are made possible by the Christian "| Foundation,

| registration will be held on June 13 | and

| scholarships

| Walker

[ ological background of the Disciples | English

| church,

| souls,

[ here!

[ weather

[or

investigation today

| boat

BUTLER TO GIVE SUMMER STUDY SCHOLARSHIPS

Aids to Religious Students Worth $45; Committees For May Day Set.

Beveral full-time scholarships for University college of religion summer session will be available for ministers and religious students this summer, Dean Frederick D. Kershner, head of the college of religion, announced today. The awards will enable students

to enroll for nine hours’ work and The scholarships

College of religion summer school

sessions will continue until July 13. In charge awarding the Dean Kershner, Prof. Ross

Dean BE.

of are Prof. Bruce L. Kershner, J, Griffeth and Prof,

Offerings of the college of religion

summer session will include classes in Semitics, New Testament, Chris |

[ tian Doctrine, English Bible, Church

Christian Ministries, and the Old Testament, and Baal, research in Readings in the Greek the Revelation of Teacher, the The-

History, Arch- | cology Jehovah Semitics, New Testament, John, the Master oY Christ, Theology and Literature, Christianity and pacificism, the Bible ax Literature, Conhistory of the Restoration Movement, the sub-apostolic great Pauline Epistles prayer and natural law, and cure of

temporary

Paculty members of the college of |

| religion for the summer session will |

W. Na- | Arthur

be Dean Kershner, Prof. T karai, Prof. Griffeth, Prof,

| Holmes and Prof, Walker.

Just Keep Your Vests on,

Men! [t's Sull Chilly

keop those vests on! put

Men High auto tops back up! Evervbody-—don't underwear!

school pupils those |

dofl that long

So warned Dr. Herman B, Morgan, City Health Board secretary, | today as he buttoned his own topcoat against the unseasonable chill “Men should not vet take off their | vests,” Dr. Morgan said, “The vest is the warmest and most protective single article a male wears | “And warm weather is not yet and college students realize that in this tricky they are exposing thems | selves to attack by respiratory ine fections when they ride unprotected In autos, “Anyone who wore long underwear during the cold weather should have it on still. When warm weath- | really comes it will be time | enough to change to summer attire

“High should

school

‘PROBE’ IS DROPPED

WASHINGTON, May 10 (U. P.). | Secret Service agents dropped an of a reported | plot to kidnap President Roosevelt and to hold him for ransom on a loaded with dynamite, Chalmers Waldorf Kennedy, 46, former roadhouse manager and the | subject of the Secret Service De- | partment's short inquiry, was held |

| | | | |

( by District of Columbia police on a

technical charge of “investigation

[ In conneciton with a bad check com- | plaint,

Treasury Department officials said

| that the Secret Service had not pre-

A |

| movies,

| sentencing Lawson after

[ about test fied

ferred any charge against him and | apparently was satisfied that the | report was just another bizarre story,

PLEADS GUILTY TO CHARGE OF FRAUD

Shannon H. Lawson, 35, proprictor of the Alabama Wholesale | Co., 1009 N. Alabama St. today re- | versed his plea of not guilty after | trial on a charge of using the mails | to defraud had started before Judge Robert C. Baltzell in Federal Court Judge Baltzel May 20 for nine of 30 witnesses representing |

grocery firms |

sot

Government 30 Midwest,

CLARA EXPECTS NEW BABY

HOLLYWOOD, May 10 (U. P.) .— | Clara Bow, once the “It” girl of the | is considering undergoing |

| a caesarian operation for the birth |

| | her

child next today.

of her second month,

physician said

YIGAL

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Indianapolis Bond and Share Corporation

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N THE RADIO

TONIGHT

6:30-<Al Jolson, WIBM, 7:00--Vox Pop, WIRE, 7:30-~Benny Goodman, WI'BM, 7:30-<Fibber McGee, WIRE, 8:00-<Hal Kemp's Orch, WFBM,

It's going to seem like old times | on the Al Pearce program for the next three weeks, when favorites of | radio's earlier days make guest ap pearances, Tonight (" p. m., OBB-WFBM) | you may hear again the falsetto | crooning of Morton Downey, who | got his start holding a silent French horn to his lips in Paul Whiteman's orchestra. Later he became one of radio's most popular vocalists, Next Tuesday will bring Connie | Boswell, who has been soloing suc cessfully since her sisters married And on May 24, the Pearce troupe | will entertain the Mills Brothers, It's all because of a first anni. versary celebration for Carl Hoff, the program's orchestra leader,

Europe seems to be going in heave fly for early Wagner operas this spring. “Die Feen” and "Das Liebe sverbot,” done in Munich recently are museume«piece novelties subject to occasional revivals, But "The Plying Dutchman,” which will be broadcast from London's Covent Garden tomorrow, is the earliest of the German master's music-dramas its own merit MBS8-WOR will carry an hour of shortwaved relay, beginning at 1 p m. Listeners will hear the familia:

[ overture and the first act,

5 u

(The Indianapolis Times Is not

| fornia prisoner

| WOWO for

RADIO TUESDAY EVENING

reshonxible for

Senator Murray (D. Mont), co author of the resolution which may bring Tom Mooney before a Senate committee and eventually to frees dom, will speak on the famous Oali« at B45 o'clock toe WOKY, WENR or

Try ' this NBC-Blue broads

night cast,

yy w %

| Among tonight's guests will be J oH, of the tempestuous Barrys [ mores, with Al Jolson, and the twos | piano team of Teddy Wilson and Joss Stacey with Benny Goodman, [Of this last let all “cats,” “alliga= tors,” and other zoological species of swing fans take particular no- | tice | Also this evening “Johnny Pre [ sents” Henry Kirchdoerfer, mine | foreman, on NBC-WIRE, 6 p. m. Imprisoned with five other workers, he kept their spirits up despite the | rising flood waters for eight cold, [ hungry days. All but one were ress cued

” »

Highlighting Morton Gould's pros gram on MBS-WGN at 6 p. m, will be his “American Symphonette No, 2." This sophisticated swing coms= position has been crashing what are known as the “sacred portals” of some of the country's symphony ots chestra halls recently. Fritz Reiner conducted part of the work with the | Detroit Symphony May 1 Incidentally, the H. Emery Davis | who wrote the “Poem” conducted by Pierre Monteux on Saturday night's NBC Svmphony program, is the wife of dance maestro Mever Davis. The {H Is for Hilda

» »

Innecurncies Ih hrogram ale

nouncements caused by station changes after press time)

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KEY NETWORK STAT ONS 1160; WENR-WLS, 660; WTAM, 1070; WWJ, 920; WMAQ, 670.

NBC-BLUE-WJZ, 760; WOWO NBC-RED-—WEAT,

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CINCINNATI WLW 00 (NBC MH)

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Live Stocks Thomas Sawyer

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Househont Maury Sothern

Singing Lady Editor's Bane

Dick Tracy Fanny Gilman's aul Douglas Lowell Thomas

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(Subject to change): 870; KWK, 1350.

OUBS—WABC, 860; WIR, 750; WHAS, 820; KMOX, 1000; WBBM, 776.

MUTUAL-=WOR,

710; WHK, 1390; WHKC, 640; CKLW,

1030; WSM, 650,

CROSSWORD PUZZLE

HORIZONTAL i Former national coat of arms Of we, 71 has recently been made part Of wa, 13 Trap. 14 Feather 16 Weird.

scart,

Answer to Previous Pamle

12 You. 15 Grain

cIBETSY >. 1 . Bon abe. nit

ACAIROSS HM

E 22 Tts last emperor a ® 23 Staying power 25 Happens, 26 Its Chancellor iin WAS murdered in 1034,

was

17 Ell £

29 Silly.

18 Argues, 21 Compass point, 22 Derbies, 24 Fixed courses of learning. 25 Having no head hairs. 27 Like. 28 Light ‘color. 30 Behold. 31 Side lane, 38 Implement, 35 Wine vessel, 36 Hypothetical unit, 37 Engravers tool. 40 Unable to hear.

42 Not (prefix). 43 Water scorpion. 45 Bushel, 46 Genus of ostriches, 48 Black slug, 52 Mineral springs. 54 To secura, 55 Faced. 57 Onager. 58 Shrub cons taining indigo. 80 Snowshoe. 61 To impel. 83 Famous river

32 Gibbon. 34 Poem. 88 To take out the head. 30 Mast, 41 One that abases. 44 Ascended, 47 Cup for heating liquids. 40 Writing fluids 50 Auditory. 51 Northeast, 53 Book part, 55 Influenza, 56 Payment demand. 50 Within. 62 Right.

| HN

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in this country. 04 Vienna was an important art wee,

VERTICAL

1 For instance. 2 Restless, 3 Seasoning. 4 Transposed. 5 Scarlet, 6 Abbey head. 7 Garden door, 8 Thing. 9 Myself. 10 Wild buffalo, 11 Metallic alloy