Indianapolis Times, Indianapolis, Marion County, 9 July 1938 — Page 13

TRADING SLACKENS AS STOCKS FIRM; STUDY REGULATION

Steel

impo

now

gS

SATURDAY, JULY 9, 1038

Motors. Recover From Early Recession,

IsslIes, Over-the-Counter

Securities. 8 (VU P) market

pace

r \

todan

WASHINGTON, July 8 (U The Commission effect

ulation

and work

Securities

since hegan today recovery over-the-counter

markets

for curities recently for

I'he ACY an as

the formation associations,

provides of

sociation, or other majol persone engagea the business

mn

influe selling securities markets and the

associations

and ter yf those weing that it those take an regia fol con

rs and dealers opportunity ih formulating

to give broke in

marke an to

indicateq it was aed in

oli RAL

of

N

he reorganization

hed markets, notably the

Stock Execha New Field

reation

nge

of Control

Reser of associations of showed d sp-the deal-

by

counter hrokers and

minuing are Would da SRC STOCK AVERAGES hitherto

INDUSTRIALS 120 90

( facilitate regulation important

element

bt in

Of an

disorganized

JONES

30 he securities business 0s

out SEC

ending

step mM earrving

announced its representati to obtain brokers and

{4% x4 sax | of the

TL intent

the

act

"w of Lah

136.12 thoughout the

of

couninry OR.13 mans Ah A0: dew. 1i2eh

Y RAILROADS

RX Tow

the pokcible to ie part of industry” the organization

for aims of the

fplinee

ALCL new Preliminay HisCussions at ferences bhstween ommittees anbointed by the Ine Rank Conference, Ine By the hi Bankers Association of America. Both proups pledged with the SEC

NN. Y. BONDS

Ry LU nited Press

ymplishi law \ ere held cently { vesiment and

ivestment

co-operation

BOND PRICY

INDEXES

MOST IVE BONDS

Rond 210.000

transactions Against

approvimated SERIO NOD last

Saturday napan 31. £3 384 3

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FOOD “PRICES 3

CHICAGO. July 8 (U Spples nois Fransparents, $1 1081.5 | Potatoes, Tennessee. bushel Prat

INDIANA TRUST C0. 1 30 Carrols lllinols, buneh, | Spinach, Illinois, bushel S0&F85¢

| | ‘tomas Allled With ALAN gs 3 S048 R Qauliftgwer, > as nition erat . 9 tas, Yhe Merchants National Bank | Washifgton hampers $1.856190, Celery, | H - - Michigan, highball crates, 40@ 0c.

121 se,

Rails SEC Plans for Control of

se= | enacted Maloney of

in|

intended |

As the first | the objectives |

THE INDIANAPOLIS

TIMES

FINAL NEW YORK STOCKS

By UnBed Press

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16 MORT ACTIVE STOCKS

Net

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approximated 590,000 short

session

Sales last week were 1.470.000 shares, the most active twohour turnaver since Oel. Curh sales were 24.000 against 204,000 shares last Saturday,

last

Net

Close Change 37! }

| South Ry | | Spald 1

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Pravizions LR 45 nominal $10.82 ask

1.OC AL

Wheat Market loads oa. | red 6 No 1 hard 617 Re corn

weak R24, 63 f2

fceipts No. 21 it B3¢ No Market steady receipts loads: No. 2 white 190' 241 50',¢. No, 4 2 vellow 5160 82¢ No 4 vellaw 50! ,¢: No aT, stead

N mixed a

receipt

white, 24',#25',0. No 3 |

WINNIPEG WHEAT High Low 98's § 06 % JY 78% 6%

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sample

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other new No

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WHEAT

(Today's valents 23s

U.

WASHINGTON srnment expenses current fiscal vear pared with a year

July 8 (4, P and receipts through July ARO

Expenses

Receipts . Gross Del, Net Def... Cash Bal Wark, Bal

{ Pub, Debt | Gold Res, Customs

INDIANAPOLIS CLEARING Clearings ci: d Debits Clearings .“ «1 _Debits seanens 4

Week's

based

merits Jats, je

on !

S. STATEMENT

) Gov. for the

7. com- |

HOUSE

2.875.000 BR. 115.000 7.404.000 0.767.000

CHICAGO PRODUCE

steady: , extra firsts 1p2 score)

Butter Market 482 gross Ibs 24%, 6p25¢, extras 21 28¢; seconds, 229220; 2c; standards, 25¢ score), 23'4c: centralized Eggs ~~ Market, ‘irm fresh graded firsts, ears, than cars, 200: extra firsts, less than cars, 20%:0: checks, 16,0; 19',¢; dirties, 17¢; storage.packed extras, upplies, heavy; ‘riumphs; market about Bliss T

190-91"

Potatoes moderate on Bliss Rose and Cobblers: Missouri Cobblers, 80 00c:

$1.20671.40; Kansas Cobblers, 85@05¢c; California White ' Rose,

Sf umphs, £1.38: $1.65621.70; U. 8. Commercials, $1.

fornia Bliss Triumphs,

oo.

receipts,

2ilae, specials, centralized (89 score), 24e. receipts, 3 2045¢; Cars,

1,562, « score), firsts, 35, (88

20%; current

storage-packed

21'4e, demand,

fair on White

steady; riumphs, liss

50; Cali:

Arrivals, 93; on track, om shipments, 5,

EE ———

WGY Dedicates Studios; Arnold Steps Into Ameche's Spot.

FT

|

| ago Monday.

|

| wag that

“Good Music” by James Thrasher It goes without saying that Paul Whiteman would bg selected as guest conductor with Howard Bar

&

low on {he latter's “Everybody's Mugie” program at 1 p. m. tomorrow (CBS-WFBM), For the broadcast will be a memorial to the late George Gershwin, who died a year And Mr, played a major part in Gershwin’s | rite from Tin Pan Alley to an important place in American music, Clershwin's most popular and doubtless his most lasting work was the “Rhapsody in Blue.” It was Mr, Whiteman who “commissioned” rhapsody and introduced it to publie The oceasgion, ag everyone recalls, first brash invasion ol serfous music's home grounds by dance musicians=the Whiteman orchestra's 1025 concert in Carnegie Hall. The rhapsody was the hit ol the evening. And, queerly enough, it had been scrambled together in only | three weeks' time, Mr, Whiteman and Gershwin had | been talking, rather idly, about jaza concert for a year or more, Nothing was done, however, until the band leader heard that a rival had the same idea, and had set a So Mr, Whiteman hall for three weeks hence,

Had to Have It He went to Gershwin and told that he had to have (he new The composer said it would six months, But he set to work, rushed the sketches to Ferde Grofe, who them, and

gave the performance on schedule, How much Mr, Grofe's aptly characteristic scoring had to do with the success is something that can't be decided, After (his

the

him work. lake

orchestrated

studving, and orchestrated his own | works thereafter, But none of them attained the rhapsody's sucCEeSS, Soloists on the Barlow-Whiteman program will be Jane Froman, soprano; Maxine Sullivan, swing singer of “Loch Lomond” fame; Roy Bargy and Walter Gross, pianists, a chorus and a swing band beside the Columbia Symphony. The lengthy program will include selections from Gershwin's comedy and movie hits; excerpts ftom the composer's single opera Porgy and Bess,” sung by Misses Froman and Sullivan; the “Second Rhapsody,” with Mr, Bargy at the piano; the Concerto in F, with Mv, Ciross as soloist—and of course, the “Rhapsody in Blue.” Mr,

| who is a former Whiteman orchestra | this |

| pianist, will be featured. For | occasion, the “Everybody's Music” period will be extended to 90 minules. » ” ~ The “Magic Key" also will devote its hour to Gershwin music at noon tomorrow (NBC-WIRE), again with Miss Froman as soloist, The conductor will be another close f{riend of the composer, Nathaniel Shilkret, Familiar and lesser win works will be included. ‘Mr. Shilkret revealed, in connection with the coming program, that Gershwin for some time had wanted to record an album of his works. “George was to play himself,” Mr. Shilkret was to conduct

said, "and I the orchestra.”

But pressure of work on both pre- | So tomor- | have a |

vented the collaboration, row, Gershwin's wish will partial fulfillment. For the entire broadcast will be recorded by Victor for subsequent release, Still another Gershwin program will be heard on WIRE at 7 30 p. m, tomorrow, the “American Album of Music” offers half-hour music,

NBCwhen Familiar

a of his

' Local Lives tock

nine

0 $ 030

i 10.00 and Gills Good and choice § Good and choice Good and choice Goo wi and choice a ood and choice a 200) Good choice R 350) Good choice 8 Packing Sows (275-350) Good 1350-425) Good 8a (425-550) Good T35@ ! (275-550) Medium 2@ Slaughter Pigs

(100-140) Good and choice. . edium ‘

CATTLR ~— Receipts, 125 Steers

Choice Choice Choice Choice Good Good Good Good . Medium Medium Common Heifery--Good “VE

Heifers

Good Medium Common

Cows

Ba rows (140-180 (160-180) $ 180- -300)

anne 990 9.20@ 9.95

25@ 929 58@ 0 “ i5@ 8.75

50 2.28

15@

So@ 0.25 8

@ ¢

(750-900) (900-1100) (1100-1300) | (1300-1500) 1750-900) (900-1100) (1100-1300) 11300-1500) (750.1100) (1100-1300) (750-1100) Steers and 1550-750)

nna 50m) Th T5@) 2a 50a 251 Som) nm nm 0° 25% 95

5a

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tt et = WPROVDDPIVIOID2

50 ¢ She ¢ Soa

(750-900 (550.900) 1550-900)

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All Weights

Good

Cree 7.00% Meditm oven en ' ‘ 89 5.5 4.

he Common ves 0a Low cutter and cutters ..... do Bulls Yearlings Excluded (all weights) Good (beef) (all weights) Medium Cutter and common Vealers (All weights) Choice {All weights) Good .. (All weights) Medium Cull and medium .... Calves - Receipts, 7.000

(250-400) Choice Good ween 6.000 Medium CereYere } Na

Drs, OND

£923 933

va» Sarr 33323

28

EERE

Common Feeder and Stocker Cattle Steers— (500-800) 1800-1050) 1500-800) (800-1050) (500-1050)

Chotre Chole® ..esvenven, Good .... Good Medium Common

»

SHDEIP

Sessa

OI 383

Heifers. (850-750) Gono and cholee.. Common, medium SHEEP AND LAMBS -Receipts, 25— Spring Lambs Choice .. Good .... Medium ..covvsenvinsntnnees COMMON sevsscescssreresnsss Ewes— "

Good oe choice srsianences Comm

brings him afternoon, whence he may be heard

Whiteman | | of Riley

the |

LL

hired the |

first | venture, Gershwin did some serious |

musical

Bargy, | -

known Gersh- |.

the piano |

memorial

0.50@10 00 | R010 2 | [10:15

oo | 18 |

00 |

LA

n " nN TONIGHT ji 30-<Philadelphia Orch, 7:00Prof. Quiz, WFBM,

100<Hit Parade, WFBM, B:00Grant Park Concert, WIRE.

TOMORROW

10:30-~Chamber Music, NBC, 12:00~Magic Key, WIRE, 1:00-=Gershwin Concert, WFBM., Sri0Chinelie McCarthy, WIRE. 8:30-Round Table, NBC-Red. 8:00-=Grant Park Concert, WIRE. 9:30—Hobby Lobby, WIRE.

WGN.

President Roosevelt's western tour to Oklahoma City this

in a half-hour's address via WFBMWIRE at 5:15 p. Having ceased to live the life for the past six months, Gene Arnold and Willard Farnum again will take up NBC's dramatization of the Hoosier poet's life on Blue network stations at 11:30 A. m. tomorrow, Mr. Arnold plays the elder Riley | and recites the poems. Mr, Farnum portrays the youthful verse maker, The story, based on Riley's personal papers, is called "Way Down Home.” It's by Howard MecKent Barnes, who wrote the May Robson film hit, “Mother's Millions.” and Carlton Brickert, Indiana native, is the narrator, » ” » of itself a

n »

radio's radio »

hardy plocelebra=- |

wWaGY, one neers, gets

tion studio being dedica Lenox and Owen D. Young, General Elecboard chairman, to speak from the new building via NBC-Red at music Thomas,

tric

Billy Lyric Thursday, | dianapolis CBS-WFBM “The Laugh Liner.” comedian will inaugurate the series tomorrow over 65 sta Hohengarten's orchese

at 4:30 p. tions. tra and Jack Fulton, sist,

Edward Ameche's place on the Charlie Mc= Carthy tomorrow Charlie, either star Canham dent's jaunt

Badge of tized on the CBS-WFBM Workshop”

H n

tonight

ted R.

8p

” ” who departed stepped out of Ine

House,

into a new

m. Carl

= ”

Arnold

program

Basil party on will tell about it Stephen

at ” n

THIS EVENING

(The Indianapolis Times Is not responsible tor inaccuracies

nouncements caused by station changes after press time.)

INDIANAPOLIS WFBM 1230 (CHS Net)

WIRE (NBC-MBS)

INDIANAPOLIS 100

CINCINNAT] WLW 9 (NBC-MBS)

Sv muhonettos Shirley Sadler Shaw's Or,

nm 1A an 15

Unannounced Modern Musie " »

Himher's Or

ww Saf Pres Roosevelt

et 15 Pres, an n HD fn.on N15

v Roosevelt "

News News

Swing Club

Kinderzarten

n G

Sportsman Svyncopators

Ouis Swinging " " ’

Workshon

Carnegie or

nn Prot 3iA0 AN rT Parade Pub. Welfare Barron's Or Ho y id

1) Rome Life

nn 15

Craig's Or, News Baseball " "

on 15 a0 4h

Sports Sports Pendarvis’

Review Or,

on News Ia Waring's Or 10 T. Dorsey's Or, ih

nm

" "

Reisman's Or,

ow King's Dance or,

Or.

Silent "n

15 130 Noble's Or, i" AS " ” Haug's

Silent "

aij " As "”

2:00 » 14 " " " "

Rhythm Concert

T ruly Amer ican

Paul Douglas Barron's Or.

Conservation Snorts

Paul Sullivan

Musie Design

ND. Carnegle Overseas Bands

Barn Dance .

" " " " F. R. McNinch PMlantation " ” Roades' Or Busse's Or,

rr Sullivan Kassel's Or, Dance or. " ’

Review Hall's Or Week's Ur. "w " Coffev's Or. ’ ’

Moon River

SUNDAY PROGRAMS

WIRE 1400

INQIANAP ArOl Js M (NBC-MBS)

(CBS Net. "

Civile Cholr Todav's Problems

7:30 Silent 7:46 "

R00 ~ Chureh of “Alr Bihle Study A W "

1S X30

Jordan 8:45 "

Lone Ago

INDIANAPOLIS

CINCINNATY WLW 700 (NBC-MBS)

Father Cox " "»

Russian JMusie Gettysburg

Bible Story Charles Paul C. Mh B, Class Lu

0:00 Feld Sisters 0:15 " 0:50 Hour 0:18 n

1h:00 ” “ Southernaires 1:15 ” - 1:30 Melodies Melody Honor 10: i5 " ”» "” " a ”» " » " » “" "

Furone Darwin-Lansing Pan-American Songhits Magio Kev Bohemians Summer Session

" " ”" ”»

Gershwin Mem, Lancers Hall

" " " ”

Serenade " "

Chorus Your World

Bags

Ww elcome Stranger

ews Rhythm Makers

Rhythm Nel)

Rhumba Neighbor News Ouartet

Cadle Choir

Meridian Musie Floneers

Radiv. City Avres' Or Darwin's or.

Key

” ” ”» "

Magio ”

Farm Volee Sunday Drivers Melodies

\ arieties

Your World LL ”»

because of new, broadcasting * headquarters today. Lohr,

m. by Doris Doe and Thomas L. Metropolitan Opera singe ers, and an orchestra led by Frank Black.

meanwhile, villainy or poetry from guest= Rathbone traveling with their CBS-WFBM listenat 3 Crane's Courage

7:30 p

PAGE 13

Whiteman to Conduct With Barlow On Gershwin Memorial Broadcast: Riley Drama Series to Be Resumed

» flve-

NBC president, are scheduled

There will be

n the

feature spot on

series called The weighty

tenor, will as-

steps into Don

evening. is prepared for

Erwin the Presi cross-country

tomorrow, ‘The Red he drama“Columbia today.

Pp Mm will

m. ”

in program ane

Whe AGO 720

(MBS Net.) ———— Hayes or.

Mu sle

———

Marshard’ s Or, Charioteers Rob Elson Inside Sports

Heidelbere Or. Del) Concert

ce ——

Gr ant Park

Fields' Or

Tomorrow’ s Trib, — —

Denny’ 8 or.

Plantation "” »

Frier's Or. Flelds' Or C arlsen's Or.

Cugal's Or. Crosby's Or, "” " Ennis Or. Cugat's Or, Week's Or, " 4 Dennv’'s Or, " " Hill's Or, " “

CHICAGO WGN 920 (MBS Net.)

Silent "

Concert " "» ”» » " a ———

Rumbas Northwestern

. Melodies

Organ

Chanel " "

r—————

Trib. Comics

Alice Blue Old Tunes

U'nannounced

Charlie-Jane

John Steele Afternoon

Leadoff Man Baseball .

“Erwin Canham Ensemble Lwombardo’s or.

Marion Talley

BEER

Newsreel " "»

Road Church

Newsreel " »

"n "n " "

Bill Anson

Raneers Catholic Hour

Guard Band

(00 5

Laugh Liner

i

30 5)

: Phil Cook

Passing Jarade

ow 5 Ril) 0

Pa

Neighbors "w "

Ponniar Ciassies Marshall Plavers

Summer, Concert Todav's Tale

Hobhy Lobby

News of the Afr Melody Grove

gan Alice Blue

Hollywood " " Or

——— Fields’ Or,

Carlsen's Or. " »

JMcCarth y " " " "

nM Musie C. 4 "

3 Stadium Concert

lanan!

C. McCarthy ” " » ”

Concert Or.

Hill's Or. A. S. Hening

Musle Album

| sdetaray

Merry-Go-Round

Playhouse

W. Wincheh Robert Taft

Unannounced

Denny's Or Tomorrow's I'rib.

Joan-Kermit Park Conce rt

By lines Answers » " " "

Park Concert Good wih

Good wih Sunday Date

Loner’

Carl Raker News

Hobby Lobby

or. Noble's Or.

Zoo Opera

Fields’ Or. Carlsen’'s Or.

y Hall's Or Garher's Or, Datlev's Or, " » King's Or.

10:00

10:30 Gordon's Or, 10:45 » " A. Henderson's Or.

Dance O'Hare's Or. Gendron's Or,

Jr.

Dance Or, Hang's Or,

Silent Silent ”" ”» » » ” ”

PrP Sullivan Kemn's Or Tucker's Or.

Review Avre's Or Mogre's Or

Snider's Or, " "

Moon River ” "

Kem n's Or, Boh, Croshy

Livingston's Or.

Pirro's Or H) "

Denn v's Or.

Unannounced " "

MONDAY PROGRAMS

INDIANAPOLIS WFBM 1230 WIRE 1100 Cc BS Net. ) (NBC-MBS)

INDIANAPOLIS

CINCINNATI WLW 00 (NBC-MBS)

CHICAGO WGN 2 (MBS)

Devotions News

Early “Birds

" Musical Clock " Dessa Byrd " News

Organ Revelers Merrymakers Peter Grant Gospel Singer Experience

Music Rox

Good Morning

Kitty Kelly Mrs. Wiggs Myrt & Marge Roundup

B __Stepmother Voman

1 in White

Hymns Mvyrt-Marge Hilltop House Betty & Bob

Crane-Joyce

Melodie Dr. Friendly

"Ruth Carhart Apron Strings 0:30 Hig Sister 9:45 Life Stories

David Harum lorenzo Jones Gene Pierson First Love

5:00 0:15

Goldberes Vie-Sade Short Story Life's Road

Get Thin Children Man on Street Painted Dreams

Temno Irene Beaslev Farrell Kitchen ”" '

Dessa Byrd

Foot Notes Cobwebs

Editor's Daughter O’Neills News-Weather Farm Hour

Melodies Pedro's Violin Quin Rvan Mail Box

Farm Circle Singing _Sam " hree Romeos Farm Circle Farm-Home Market . " "”

» . ”» ” Livestock Hugh Cross

Hapov Gang Melodies services " »

12:00 Melodies Retty-Bob mH News Valiant Lady Hymns

Grimms Daughter

Linda's Love Grimm's Girl Valiant Lady Kitty Keene

Baral Turner

Melody Time

Manhattan

Osteopathie Conv. Nan Wynn

WIRE Reporter Headlines Varieties

T 00 (15 1:30

Mary Marlin Ma Perkins Pepper Young Guiding Light

Romances

Leadoff Man

Swing Patterns Backstage Wife 2:18 . ” Stella Dallas 2:30 River Bows Huzhesree! 2:45 Del Casino Blaek-White

Harding's Wife Midstream Julia Blake Hatterfields

Baseball Hi "

"w

Police Court Top Hatters

ne Rin Billies 218 " " 3 Scott Choir

Mareh ot Games

n dl News Horizons

Middleman’'s Or,

Houseboat Singing School Singing Lady Man of Mars

”» ” ”» ”

a 3: 3: 4:00 4:

~ Inck Shannon " " 15 C. Milholland News Sahin’s Or.

4:30 Tea Tunes 4:45 Su - Rollini Trie

Medicine's Future Hapoy Gilmans Sport New Lowell Fromas

Bill Anson Penumbra Sophisticated Orvhan Annie

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; WJR, MUTUAL-WOR, 710; W

; WHAS, 820; KMOX, 1090; WBBM, 776. "1390; WHKC, 640; CKLW, 1030; WBM, 650.