Indianapolis Times, Indianapolis, Marion County, 3 June 1938 — Page 25

FRIDAY, JUNE 8, 1938

DWINDLES

Gains, Losses Evenly Distributed; Airplane Issues Slightly Up.

NEW YORK, June 3 (U. P.).— Transactions on the Stock Exchange dwindled sharply today and prices moved narrowly. Gains and losses were about evenly distributed. Small gains were noted in Santa Fe, most airplane issues, Montgomery Ward, Texas Corp. and Consolidated Oil. Steels and nonferrous metal shares drifted lower. Rubbers were steady and farm implements dull. » = =

Today's Business At a Glance

GENERAL BUSINESS

Dun & Bradstreet reports retail trade this week up 3 to 8 per cent from last week but 10 to 18 per cent under year ago; wholesale 10 to 25 per cent below year ago. Federal Reserve reports gold stock this week up $13,000,000 to record high at $12,918,000,000; excess reserves $2,640,000,000, up $10,000,000; circulation up $76,000,000; ratio 82.4 per cent vs. 82.5 last week and 79.6 year ago. Brokers loans at New York banks up $25,000,000. Rubber Manufacturers Association estimates first quarter aggregate net sales value of rubber products shipped by manufacturers $103,804,000 vs. $168,902,000 year ago, off 312 per cent. CORPORATION NEWS Bell System reports principal telephone subsidiaries May station gains 25,200 vs. 95,700 year ago; first five months station gain 153,200 vs. 497.200 year ago. Bell Telephone Co. of Pennsylvania May telephone service gain 794 vs. 8436 year ago; first five months net station gain 8304 vs. 44 203 year ago. California Oregon Power Co., 12 months ended April 30, net income $919,640 vs. $1,115,165 year ago. Chesapeake & Potomac Telephone Co. May station gain 1392 vs. 1492 year ago; first five months station gain 5959 vs. 9083 year ago. El Paso Electric Co. 12 months ended April 30, net income $436,022 vs. $328,810 year ago. Engineers Public Service Co. 12 months ended April 30 consolidated net income $3.754416 equal to 75 cents a common share vs. $3,135,516 |: or 42 cents year ago. Gulf States Utilities Co. 12 months ended April 30 net income $1,333,519 vs. $888,585 year ago. W. F. Hall Printing Co. fiscal year ended March 31 consolidated net profit $593,372, equal to $149 =a common share vs. $701,523 or $1.79 year ago. Postal Telegraph Co. (land line system) April net loss $364,070 ‘vs. $218,79C year ago; first four months net loss $1,365,855 vs. $823,687 year ago. Puget Sound Power & Light Co. 12 months ended April 30 net income $1,588,809 vs. $1,763,569 year Ago. Radiomarine Corp. April net income $19,099 vs. $20529 year ago; first four months net income $85,323 vs. $71,250 year ago. Virginia Electric & Power Co. 12 months ended April 30 net income $3,327,319 vs. $3,276,906 year ago. DIVIDENDS Noblitt-Sparks Industries, Inc. 25 cents on common ‘payable June 30 record June 20 vs, like payment March 31. Pacific Telephone & ~ Telegraph Co. $1.50 on common payable June 30 record June 20 vs. like payment March 31. Pratt & Lambert, Inc., 25 cents payable July 1 record June 15 vs. like payment April 1. Twentieth Century-Fox Film Corp., 50 cents on common payable June 30 record June 17 vs. like payment March 31. (Copyright, 1938, by United Press)

N. Y. Bonds

BOND PRICE INDEXES By United Press 20 Rails 52.2 51.9 53.5 94.2 92.0 70.0 498 101.2 69.3

20 Utils. 93.8 93.0 92.0 101.1 105.4 95.5 87.3 106.0 9°23

80 Bonds 5.1 4.8 75.0 95.6 96.0 82.5 0.7 100.7 81.1

Yesterday Week ‘Ago Month Ago .... Year Ro ..... 91} Two Years Ago 90.6 1938 1938 1937 1937 1936 100.4 106.2 100.2 1936 84.7 108.5 93.3 (Copyright, 1938, Standard Statistics Co.)

NEW TORK. June 3 (U. P.).~Bonds opened stead

Beth Steel A CETTE r 4s .

o Pac as vous New Eng TT un Vevey Peru 6s 60 ‘ St LS Fran és Tenn El 6s ... Westchester Lt Youngstown 4s

Curb Stocks

By United Press NEW YORK, June 3 (U. PJ). Ourb stocks a easier,

Ly chen e mOCyan B .. . i Fewster Aero Oon in 1 Bon ‘ Ya ord Mot Ltd . . ave. no Min . . ’ Va pe RH . vo y Ya antepec oil . Ga

2 Ya as wee Wright H ...

Sede RR eet Rene

“a

CHICAGO PRODUCE

Eggs -—— Market, steady; receipts, 22.630 cases; fresh graded firsts, cars, 10¢; less than ears. 187zc; extra firsts, cars, 19%%4e; less than cars, 19%c; checks, 16c; erent receipts, 18%c; dirtfes, 6c; torageged firsts, 20c, orAgesprOKed extras,

Butter—Market, unsettled: Ins; extras firsts (90- ori; extras (92 soore), be: seconds, 20@21%%c; , M@2M Vac; 213%e¢;

receipts

score), 25%c; specials, centralized (88 score), (89 score), 32'%ec. Poultry - Market,

centralized steady; Teceipts, 45 loc, geese, llc; Te: spring

chickens, 91@23c; roosters 13@14c; broil17@20c; fryers,

19@30c; turkeys, 15 @19%c.

Cheese—Twins, 13] je daisies, 13% @ 14c; longhorns, 3%aH Potatoes—Supplic moderate: demand, light; ‘market, rm; Tdaho Russet Burbanks, $19562.10; Washington Russet Burbanks, $1.506:1.65, New stock: Supplies, moderate; demand, fair; market i Louisiana Bliss Triumphs, $2@2,10; Texas Bliss Triumphs, $2: Mississippi Bliss Trimens $1. 90@2. 10; Alabama _ Bliss sh 85@ 2.25; California White Rose, rrivals, 7

; ‘en track, 231; ‘ship- ||

Local Porkers Drop 10 Cents;

with & Supplies expected to reach 12,000 Bo

here today ran far ahead of salable receipts of any other market

Bureau of Agricultural Economics. A new record for this year to date

Tri- ||

locally also is expected to be set. The liberal offering, however, permitted killers to reduce prices on all weights 10 cents, despite an apparently healthy outlet due to short supplies elsewhere. The run included numerous high quality consighments and many strictly choice, uniform lots in various ‘weight groups were marked 5 cents above the schedule. Packing sows sold steady to 10 ‘cents lower, mostly steady to weak from $7.50-$8 for good mediumweight and heavy sows, with smooth lightweight buicher types quoted up to $8.25. Limited receipts of 400 cattle offered no thorough test of values in the various divisions, but the undertone apparently was healthy and, except for some weakness in bulls, no price changes were made. Good 993-pound yearling steers made $9 and common lightweight grassy and poorly colored steers $7.50. Most heifers ranged from $7.50 to $8.59, odd head to $9.25. Nothing choice in load lots was offered. The practical limit on bulls is now around $7. Vealers went unchanged, with some late strength, the practical top being $9. There was very little trade in stockers and feeders due to the limited offering. Lamb supplies continued scarce, less than 300 showing up today. Most of these were new crop offerings which cleared steady. The top was $9.50 for choice kinds, with most of the crop medium and good kinds from $8 to $9. Only a few of the old crop were on hand, some mixed lambs and yearlings reaching $7 top. Shorn slaughter ewes are quotable $3 downward.

Good Packing Sows—

(350-425) (425-450) Good (375-550) Medium i hter Pig: 100-140) Good a and choice. .

a DION BD -T0a Go owui og wn

T.65@ T40w

—-Receipts,

Stee (750-900) Choice (900-11 Choice {1100- -1300) Choice (1 1 3 Choice (75 ood (900-1100) Good . (1100-1300) Goou Good ... Medium Medium Common Heifers— Good

437—

NSD 8:83 gx

iyo on cso [1

~Tn IP

= aan DD

amammmePoron -J wn a~ ~

00) (1100- 1300) (750-1100) Steers and (550-750)

00@ 7.25@

8.25@

SuunoooOoYa

“iplain) |.

oo SuaLNND

(750-900) (550-900) (650-900) Common Cows

All Weightsee ood ve.

Com (ALL Teh) Medium Cutter and common ...... . Bulls veaing: SE Clufled tall weights) Good (beef) a Se

(All Weights) "Meditm |... Cutter and common ..... . Vealers (All weights) Choice (All weights) MSaium {All weights) Good Cull and medium

—Receipts, (250-400) Choice Good

ana Joo 9 GLC oO

Feeder and Stocker ‘Onttle

holte hoice Good

Steers— 00 00~ 1 Doct 20-1080) Medium ommon Heifers:

(550-750) Good and Choice. Common, medium. SHEEP AND LAMBS —Receipts, 259— ummbs Suom) Sos

20)

( { (8 5

Sa BaBI00 g-3 SUDCDD oR oS UOD

Seer snets btn nen

Good and chotee ....v.vee. 2.000 3.00 Common and medium ...... 4.00@ 4.75

CHICAGO, June 3 (U, P.).-—~Hogs—Re-ceipts, 11,000, 5500 directs; uneven, mostly 10@15¢ lower; after Spesiing steady to 10c higher; top, $8.90; good and choice 160-230 ‘1bs., [email protected]; 240+ 350 ibs. $8.35 @8.70; good Pasi gov, $7. 80@7 7.90; lightre weights, [email protected] Cattle—Receipts, 500; calves, 500; steers and Jeurimas, steady; choice inde absent and good offerings scarce; odd lots steers up to $10; bulk of supplies selling at 89 down; best heifers, $9; cows, 10@15¢c lower; spots, more; vance gone; cutter grade cows largely $4.50 @5.50;, not many good beef cows available, but low-grade beef cows also sluggish: weighty bulls sieady at $6.90 down; light kinds very aragEYs vealers, unchanged, mostly $9 ‘down; few selects at $9.50. Sheep—Receipts, sets: fat lambs ana springers sharply higher; many sales 25@50c u 12 decks merely ood ki California spring lambs, 9.85 ; old crop clipped offerings, $7.15 75; sheep, firm; native cwes mostly around $2.7563.25. FT. WAYNE, June 3 Market, 10@15¢c WoL Soo. Too bs. Tops, "0; 180-200 Ibs., $8.60; 2 80; 220

$8. 08 10; 300% 325 Ibs., j 0-160 Ihs., $8.40; 15; 100, 120 Ths, $7.90; roughs, $7.25; Stags. Re Sarees, $9. Lambs,

$8.50; clipped lamne LA Y 8.55; aby mad it

; Ly 50 down; roughs, ah he sss. 5. Gombs, 0

868.80. ceipts, 3350, ig El a 15¢c lowe ie dike 888s: y 1 Sh SES 10; Duik Er ing

00-140 400; calves, 450; gener. dy, small lot steers and load od to cheice around 80; beef cows, $677: , top Sausage Hoo ; vealers, strong

to _50c higher: Shee: Ree eibts. 1700. including 700 direot; spring lamb trade 1 strong to 25¢_or more higher. mnst good to choice spring lambs, £9.506 10: 25: bok 1ambs dis counted 50c4’S1 undar comnarable grades ns and wethers, shorn slaughter ewes, wo

See Final Edition of the Times for

Closing Stock Quotations

pnd Other Late News

Supply Heavy|&

in the country, according to the Corn

ism for the radio industry was ex-

i. WINTER WHEAT CROP

THE INDIANAPOLIS TIMES

PAGE 25°

NEW YORK STOCKS

By United Pres.

re Net High Low Last Change i» 1%

RA %

Adams Ex

— Ys 1% Lag

Am Smelt Auburn Auto ...

Bald Loco Barber "Aephali Bayuk -

Ben Ind Youn Best & Co Beth Steel Boei Air Borg Warner ..

Bn 6 oH ™M..

Callahan Zinc . Can Pacific ...

. 15% 21% ve A3Va . 42%, 94

3 Dixie. Vorte 134 Doug! 42% Du Pont 94 —f— Bast Kodak ...147% 147% Elec Pwr & Lt. 9% 9% Eng Pub S 5 5 a_i 35% 27% 16% wi 283%, 28% 28

14% Lb 16 vi

Fed Dep St ... Fid Phen Firestone T ...

Gen Foods Sen MNators Vi Goebel Graham-Paige .

Hecker Prod .. Hupp Motor ...

RADIO EXECUTIVE SEES 600D FUTURE

Increase in Advertising Program Planned.

Times Special FRENCH LICK, June 3.—Optim-

pressed here today by Henry C. Bonfig, commercial vice president of the R. C. A. Manufacturing Co. Speaking at the opening of a convention of radio wholesalers and salesmen, Mr. Bonfig said his company anticipated a business volume

for 1938-39 which will equal that of last year, the company’s best since 1932. Other speakers were Robert Shannon, R. C. A. vice president and general manager; Paul C. Richardson, phonograph and radio division manager, and Thomas F. Joyce, ad-

vertising and sales promotion Wepy} ager. The latter announced that the company plans an advertising cam- | paign calling for an increase of 20 | per cent in expenditures.

INVESTING CO.’S

(By the anv Bkrs. Conf., Inc.) Bid. Asked, Bid. Asked. d Pd 2d 3. 55 19, 16/In est Bank Corps: Atl Pd 3.4 75 anc Bir 3. 0 Bh 350

& Bos 15. knit 2.12

~~ =e

Bri SRe 92 Bra St In 20.50 3. % Cent Trst 19.75 21.3: Contl Shs 5.50 6 0, Crp Tr Shs 1.32 ... AA 1.88

Pt pip

Dps 3 Etn Hwd 15. 28 Ie. 411)

“INA NONI 00 JD

T* —

WX ORPJTINONBIN OPA aD WwW

DROP WEI LI UY rt wT ADI DMOD PN WWNIWP DD DDODOD RID

1.88 orm. F R 26! 00 2. oo Ins a3:

an Ohrid O20 IN © PU a

For Bnd 6.44 6.99 Fd In Inc 13.40 14.48 B 3.69 na | Gen Cap 26.01 27.97. Group Ser ies

uto Bldg Merch pen Mining 1 ‘00 1. 10's d Ut Hl RR Eat 3 Sup Cro BD

61 Incrp Inv 14.73 15 84 Trs S ire Instl Securities Ltd: Ql Bk Grp _.94

4 1. B gL Ins Grp 115 1.27 OSEL&D A 11.75 12.25 B I 1.56 Well Fnd 1170 12.91

LOCAL ISSUES

(By Indianapolis Bond & Share Corp.)

The Joya quotations do not represent actual or aig but merely indicate the approximate“ market level based on bfiying and an maquirfes or recent transactions

BONDS

American Loan Co 5's 46-51 Citz Ind Tel Foe 28 BL +103 H Tel & Tel .103 H Tel & Tel FI ... 104 nd Asso Tol 104 nt Tel Co 5s 95 nd Ra way. 3

a: 3103 102% Loe 98 50.. 98% «102% +.100% 9

— ANB DNAIR~TNDIDW WONRVINEODNN-IDD

a I ADO a ted irs DAPRPOWIANRD~NO~I0ID

Bld 95

98 7 185% Seymour Water Co bs 49 .... T aE er Wik 5 % ater Works Co 8s 57 Ves

4% Term STOCKS elt RR St Yds com

7% rv Co 8% Sr Ind Hydro Elec 7% Indpls Gas com

N Ind Pub Serv He. i 5%2%. N Ind Pub IM Bo?

rogress Laundry ‘Co’ ‘com... 1 nd Gas & Elec 4.87, pfd.. erre Haute Elec Co 8% nion the Ou com an c pt Van omy Milk Co com (By M, P. Crist & Co.)

Market 8t., Investment Corp . 20.00 2149

LOCAL PRODUCE

Heavy breed hens, 15¢; 12¢; heavy breed broilers, over, 17¢; Leghorn broilers, over. 15¢; bareback broilers, roosters, c. . 1 strictly fresh country run eggs, ; (each full ease must weigh 55 .os., gross, a net deduction of 15 eents for each full case under 55 Ibs, will be made). Butter--No. 1, 11a ae, No. 2, 24h 25¢; butterfat-—No. 22¢; No v {Prices quoted lay Tondiey bo.)

Hagholn, mens,

oA To. and 12¢; oud

REPORTED HEADING

CHICAGO, June 3 (U. P.) ~The weekly weather and crop report released by the Government states that progress and condition of winter wheat were fair to very good throughout the Ohio Valley where the crop is heading in practically all parts. Additional moisture during the week further promoted rankness with heavy straw and some local lodging. The reaction of drier weather was more favorable in Missouri where fair to very good progress was noted ‘with ‘some ‘wheat blooming. BExcessive moisture and floods were damaging in southeastern Kansas, and heavy leaf rust is reported over the eastern two-thirds. Injury from previous freezing weather now ap-

goats, Seliois tu soifte. Wests, |

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS +4-0.0% 0.30 +3. +-2.32 134.35; Tow, 194.40; Yow, 113.86, 20 RAILROADS

High, 1937,

38, 52.38; Tow, 19.00, 1, 64.96; Tow, 28.91,

, 21.86; Tow, 15.14, , 87.54; Tow, 19.65.

High, 1938, High, 1937,

44.43; Tow, 31.70, 69.67; Tow, 38.8%.

High Low LastChange in Ve =i, + Ya Wn

Il Central .... Int Bus M

. 2% . 15% VE asl 21 21 + 2 «22% 22% % | . 41 41 a

58 8 " 4%

6 7134 29%

92v; 15%

Martin Gl NY Cniyre Porc Minn Hny ..... Minn-Moline . Mo-K Tex vl a Monsanto Ven dil Mont Ward . 29% iN —

vali 31 Ye , Lea 18% 1s ; Toad pf By 158) 138s , Pwr & Lt. Yo Steel 490 14%;

11%,

455 . k: Nat Riscuit a

Yo EE A

Sup Penn . Central ve No Amer ..... No Am Avn ... No Pacific .....

- ® ae

Ohio Ol1

cesses

Packard Penn RR ou hee, Pfeiffer-Brew .. LP) 61, 2 4 vad Sn 2 | .

vn Tob B. .. Richfield Oil ..

Safeway .. ... Schenley Dist . Sears Roebuck Simms Pet Eon Saw _& Stl. Cal Bd

Pr ~ a

| 4 |

£8) PARI OVE WH=-I1Q-JOONNNPwW ~

1 PoP SAAR ANN

WHEAT PRICES EASE IN CHICAGO TRADING

a —— |

Cash Selling Weakens Corn | After Firm Start.

CHICAGO, June 3 (U. P)—|

Wheat prices eased after a i) opening on the Chicago Board of Trade today due to the reaction at | Winnipeg. At the end of the first hour of trading wheat was unchanged to off 4, corn was off to 12, and oats were % to lower. The weak tendency at Winnipeg | induced scattered selling at Chicago | soon after the start, although trad- | IL ing in general was rather small. | Some selling in December wheat | through a house with Southwestern | connections was noted.

Export Demand Dull

Exporters reported the sale of small lots of domestic wheat overnight, but the general demand was | dull, and prices received little support from this source. Preliminary estimated receipts o* wheat in Chicago were estimated at 14 cars. Corn prices weakened after a firm start due to selling by cash? interests with some local pressure. The decline in wheat had some influence as well as the absence of any important export demand. Receipts of corn in Chicago today were estimated at 165 ears.

WAGON WHEAT City grain elevators are naying for No 2 red, 5%. other grades on their merits,

Cash corn. new No. 2 vellow. 49¢. Oats, Cc

ARGENTINE GRAIN BUENOS AIRES. June 3 (U, futures opened steady. Wheat—-June, 79%ec, up Ss. Cornne, 62¢, unchanged;

Yu July

Grain

up %:ec; Me,

July, 59%ec,

Ponte: ~June, 27%s, unchanged Flax--June, $1.12%3, unchanged;

$1.12%, unchanged.

LIVERPOOL, WHFAT (U. S. Equivalents Based on Sterling At :

Prev. | Close

July,

s BC

a 80%,

81 Va 8294

FOREIGN EXCHANGE

NEW YORK. June 3 (U. P) exchange slightly Amer

England (pound) Sih Eng. (60- a oi rate) anada (dollar) .

~Fnreign Net

Change 00 116 |

Italy (lira) Belgium (belga) Germany (mark) Ger, (travel mark) Switzerland (franc) Holland (guilder) .. Sweden (krona) orway (krone) ... 5 nmark (krone) .. 2208 Australia (pound) . 3.95% Czechoslovakia (koruna) ve nland (markka) reece (drachma) . . Jugoslavia (dinar. ew Zeal, (pound). oland (zloty) “a Portugal (RaoUd0) Rumania (leu) . (offl. peso)

regen. (unof. peso) razil fmilreis

3000" 090001;

| .00%a

-. 000014

hile (peso) ru

Mexico (peso) . Songkone (dollar) . hanghai (vuan) . India (rupee) Japan (ven) n Nominal: o offered.

{per cent completed on June 1.

| Michigan McIntosh,

High Low cov AT . 48

Last Change Net 27%

hy FF | 7

pt pes BI I Doon th pn 09 C3 WUD nu

7 adr 2;

NN -3n oF

pn > $538 | Safayy

EE 3 ©

‘Warner Bros . West Air Brake Westing El Woolworth

HOLD EXAMINATION FOR STATE POLICE

250 Applicants Register for 40 Vacancies.

10% 10%

Preliminary examinations to fill 40 vacancies in the State Police Department were to be given in Bloomington this afternoon to 250 ! applicants. Capt. Walter Eckert said 250 men were chosen to take this test out of 1204 who filed for the jobs. The first weeding out of candidates was done following investigation and general physical checkups of the men by the department. The 80 candidates making the best scores in the first tests are to take a five weeks’ training course at Bloomington starting June 15. The highest 40 then are to be given appointments and fhe rest are to be held on the eligible list to fill unexpected vacancies, ‘Capt. Eckert said. All new state policemen are placed on a probation basis for the first year,

SALVATION ARMY'S . NEW CENTER OPENED

hurch and Civic Leaders Speak at Dedication.

Organization of activities for ‘he youth and children of the commu- | nity was begun today by officials of | the Salvation Army’s new Charac[ter Building Center, at Belmont Ave. and Howard. The building was dedicated last night following a program that included addresses by church and I civic leaders, More than 250 persons filled the auditorium last night while a public address system carried the music and addresses of the speakers to the overflow audience outside. Col. Bertram Rodda, Salvation Army state commander, was chairman at the dedication ceremonies. The basement of the building is equipped with recreation equipment. There is an enclosed playground for | the younger children and an auditorium for community meetings. The staff includes Capt. and Mrs. D. Marshall, Lieut. Nora Walker and a “kindergarten teacher.

INDUSTRY CENSUS NEAR COMPLETION

The 1937 census of Indiana manufacturers is being completed and the statistics will be available soon,

{John J. Lennon, area supervisor for

Indiana, has announced. He said that the census was 90 He added that statistics are being classified by industries for cities of 25,000 or more population. Statistics, Mr. Lennon said, will include inventories tabulated by finished products of each industry. Area headquarters for the census are maintained at the offices of the Indianapolis Chamber of Commerce.

FLIERS CROSS ATLANTIC DAKAR, Senegal, June 3 (U. P). —Four Polish fliers made plans to continue their leisurely flight from Los Angeles to Warsaw today after crossing the Atlantic from Natal, Brazil, in 11 hours and 27 minutes.

v - BANK STOCKS Bank of America Bank of Manhattan Bankers Trust | Bank of N Y Trust | Brooklyn Trust Central Hanover Chase Chemical Commercial Continental Corn Exchange Empire Prat National Guaranty xd Irving | Manufacturers | National City IN Y Trust | Public Title Guarantee

FOOD > PRICES

CHICAGO, June 3 (U, P.). ples $1.75@2, wa PotapL fnach—1lilags,

toes—Tennesee, bu, hampers, rots—Tllinols, bu. T5c@s1. nois, bu.. 104 30¢c. Tomatoes 00c@r $1.25. Cauliflower—~California, crates. $1.4071.50. Peas California, hampers, $2 2.50. Celerv-—Florida, crates, $2.25¢3.75. Onions Texas Yellow Bermudas, $1.25 1.30: Texas White Wax, [email protected]; Cali fornia White Wax, $1 2.

exas,

Rents Down

TR REND OF HOUSE RENTS ATIONAL INDUSTRIAL CONFERENCE BOARY

APRIL EACH YEAR

U. S. STATEMENT WASHINGTON, June 3 (U, P.).-(Yovern-ment expenses and receipts for the current | fiseal vear - June 1, eompared with | a VeAr ago:

Last Yen 5.787. 445, 10 $6,838,179, £98. 08 | 432,054.50 - 440 828,988.32 | 20. 509.76

Expenses Reoeinty Gro

Bn en WOLD Be

6.487. ‘80 12,025.100.885 02406 446 824 856.

Pride ir flee dy | aan R ERE

INDIANAPOLIS CLEARING HOUSE Clearings $3,372,000 | Denits ........ hoi

EMPLOYERS § SEEK KX CHARACTER | MINNEAPOLIS, June 3 (U. P) = Scholarship and personality still are prime qualifications when a college graduate seeks ‘a job but employers now seek character twice as much as they did a year a, King

Merritt, head of In tors’ Syn“dicate had

Times Special BOSTON, June 3-—The'trénd of house rents has been slightly downward during the past few months, In spite of this April rents, taking the country as a whole, were nearly 215 per cent higher than a Jost WHO. Also, rents were the highest for April since 1930, 39 ‘per cent above the low point in Ja ‘only gn ‘cent 9. Hein

Unable to attend her last day of senior classes at Shortridge High School, Miss Alice Murphy, 17, of 2848 N. Delaware St., was at home today recovering from injuries received when the horse she was riding stumbled in a hole in the bridle path and rolled over on her, Miss Murphy, daughter of Edward A. Murphy, "Indianapolis Street Railways purchasing agent, was riding with a group of five Shortridge High School students in the bridle path in E. Riverside Drive yesterday. As the horse neared the stables, it broke into a run and fell when it stumbled. Several passersby lifted the horse off Miss Murphy, whose right knee and shoulder were badly wrenched. She was treated at St. Vincent's Hospital.

LUTZ DROPS 12 VOTES IN TALLY

Sullivan and Ray Also Lose Ballots in Election Recounting.

Charley Lutz, successful Democcratic candidate for nomination as Sheriff, lost 12 votes In a recount of 14 precincts, and had 20 less than Al Feeney in the same precinets, In the recount, Mr, Feeney dropped four voteg from his former total of 584 for the eight precincts-—-seven in Ward 1 and seven in Ward 2. In the recount of ballots cast in the Democratic race for Mayor, [Reginald H. Sullivan had 11 less | votes than given by the canvassing | board for 18 precincts—Ward 1 and the first 11 precincts of Ward 2. Sheriff Ray, who asked the recount, lost three votes in the same number of precincts. The recount totals were: Mr, Sullivan, 1917 as compared to the former total of 1928, Mr. Ray's recount total was 1562 compared with 1565. Mr, Sutlivan's lead was 356 votes. Both lost five votes each in Precinet ‘6, Ward 2, where votes earifer on legal were termed muti1 by the recount board. Ih the Sheriff's race, Mr. Feeney's total for the recount of 14 precinets was 580, compared with 584 earlier. Mr. Lutz received a total of 560 in the recount, compared with 572.

Traylor Wins Nomination After Third Recount

WASHINGTON, Ind, June 3 (U, PJ).

nominaticn for Barr

a one-vote margin, 251 to 250. Following the May 3 primary, the Election Board announced that the fwo men had received 255 votes apiece. Election Commissioners decided to select the candidate by flipping a coin and Craney won. Traylor objected, however, the ballots were time, Another 264, In the third recount, Judge ¥. ¥, Gilkinson was asked to pass on 86 questionable ballots and his ruling gave Traylor a onhe-vote margin.

Sheriff's Campaign Cost Said $17,383

Sheriff Ray's

and counted a second tie resulied, 254 to

campaigh for the

proximately 18,000 votes nal H. Sullivan, cost

County Clerk Glenn B. Ralston revealed today. The Sheriff underwrote expenses of Machine Bustérs, Ine, Paul Rochford, his attorney, said, and ho

(Democratic race for Sheriff, spent | $638.90. Listed among the contributors to | Mr. Ray's campaign were Judge | Joseph R. Williams, $1000; Chalmer | Schlosser, defeated candidate for Superior Court 3, $300; Miss Anna Ray, $6000; Mr, Ray, $9901.56; the Three Pig Cafe, $10; Reeves Regal | Store, $10; Kathryn Prendergast, $75; Arthur Lyday, $150; Andrew | Jacobs, $150; William Dandmeir | $150. Many other

after their names. Mr. said these were persons who had | made pledges but had not paid | them, The Hohlt for Trustee Club re- |

of $1200. Of this sum, $1000 was received from the Perry Township Percent Club, $150 from Mr. Hohlt and $50 from Stanley Fligel. The report was filed by Roy M. Fligel, treasurer. John Broden, Democratic eandidate for assessor, reported expenditures of $175. Republicans filing included John I. Engelke, for Supe- | rior Ootirt 4, $470.50, and Charles Roush, “Sheriff, $75.

BOX i Is Low cos

to $100 »'$100 A YEAR Trust Go.

TONIGHT

6:00-<Lucille Manners, WIRE, 6:30—<Paul Whiteman, WFBM.

7100-<Hollywood Hotel, WFBM, 9:15-—Seécretary Hull, NBC,

Secretary of State Hull, who has been devoting his recent broadeast activities to foreign addresses, will be on the air again tonight. Bul this time his voice, instead of being directed toward Latin America,

‘will speak to the entire world, ac-

cording to NBC, ‘International Law and the Present State of the World” is his announced subject, and it is stated to be one ef his most important addresses since assuming office. NBCBlue will bring America the 45-min-ute speech from an American Bar Association dinner at 9:15 p. m. The three NBC shortwave stations also will earry it, and tomorrow morning a recording of Mr. Hull's remarks will be broadcast again. The speech is another step in radio's rapid development this year as a powerful instrument in inter national relations. » ” LJ Two special sports broadeasts will be made tomorrow, At 2:15 p. m. (OBS-WFBM), Bryan Field will bring you an exclusive description of the 72d running of the famous Belmont Stakes at Belmont Park. N. Y. And sometime Between 3:10 and 3:30 p. m. on NBC-Blue, a summary of results in the Walker Cup Matches will come to you from St. Andrews, Scotland, with Henry Longhurst of BBC as commentator, " Ty Tn

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~ ON THE RADIO

You may find out something of | the plot of Walter Wanger's new { film, “Blockade,” on tonight's “Hole | lywood Hotel” program, This is the picture, you will reeall, that has brought a storm of European coms plaints about Mr, Wanger's head because of its Spanish setting. The print is now in Europe for exhibition and diplomatic reaction. The producer himself will appear on tonight's broadcast, along with Henry Fonda and Leo Carrillo of the original cast, and Joan Bennett, substituting for the vacationing leading lady, Madeleine Carroll, " Swing music and the men who swing it have “arrived” to the exe tent of having a novel written about them. It's called “Young Man With a Horn,” and Dorothy Baker, wife of a Harvard professor, is the aus thor, Tonight you may hear a dramae tization on NBC-Blue at 8 p. m, with “Jam and jive” experts to dou ble for the actors in musical see quences,

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Robert Russell Bennett's “Charles ton Rhapsody” will be included by Bernard Herrmann on his CBS« WFBM “Exploring Music” program at 3 p. m. tomorrow, Also sched« |uled is music by Morales and | Mendelssohn Vivien Harvey, | pianist, will play the Liszt Hungare | fan Fantasy with the Cincinnati Conservatory Orchestra at 9 a. m, | tomorrow, CBS-WFBM, ao » "

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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; WIR, 750; WHAS, 820; KMOX, 109; WBBM, 776. MUTUAL-—WOR, 710; WHK, 1390; WHKC, 610; CKLW, 1030; WSM, 650,

WMAQ, 670.

Democratic mayoralty nomination, | in which he was defeated by ap- | Regi$17,383.55, | his eampaign statement on file with {

statement was filed by that organi- | zation. Al Feeney, defeated in the |

contributors were | listed, with the notation “unpaid” | Rochford |

ported expenditures and collections |

CROSSWORD PUZZLE

HORIZONTAL 1 The present English queen 9 She was crowned in | ‘Westminster

13 Constellation. 14 She has won the == of her people. 15 To perish. 16 Railroad. | 17 Next after ninth. 10 Paid publicity 20 Scarlet. %1 Measure of area, | 22 Stop! 23 Corded eloths | ‘24 To card wool. | 95 White of an

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37 Golf devices, 38 Pitchers. 40 Inclination, 41 To lurk. 42 Masculine pronoun, 43 Small herring 45 Arrival, 46 Ever. 47 Thing. 48 End of the

Answer to Previous Puzele

festival in Japan. 12 Becomes enthusiastie, 15 She has two we, 16 To typify. 18 She is known ae A we, 20 Portuguese coins, 23 Uncommon, 24 Rows of series 26 Weaver's frame, 27 Bird. 20 Let it stand, 30 Obtained from tallow, 33 Bone. 34 Scriveners, 37 To harass, 39 Tiny. 40 To concoct, 41 Song for ond voice, 42 To hearken. 44 Golf teacher, 45 Demure, 48 Greek letter, 48 Plural. 50 Sound of pleasure,

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