Indianapolis Times, Indianapolis, Marion County, 22 November 1938 — Page 19

AVIATIONS GAIN, OTHER ISSUES OFF FRACTIONS

Steels, Coppers Among Shares Losing More Than A Point.

' NEW YORK, Nov. 22 (U. P.)—A - group of aviation issues held small Bains on the stock market today, while most other shares declined fractions to more than a point. . Steels, some coppers and some chemicals were down a point or ‘more. Fractional losses were noted ‘in rails, utilities and farm sharcs. Oils were mixed. United States Steel early in the fourth hour was at 65% off 1%; Bethlehem, 727%, off %; Anaconda, 34, off 1%; Union Carbide, 87, off 1%. Aviation Corp. was at 6%, up %; National Aviation, 13%, unchanged; Nor American Aviation, 16%, up

State Pig Iron Production

1923-1936 =0

1930. 1931 1932

1933

Indiana University, Bureau of Business Research.

N. Y. STOCKS

By United Press

High Low Allo. Corp -.; 1% 1% Algh “Ludlum smu 2% 297%

Amer A Car = Fay 23 35% Am Chai m Int

S S 16 Roll all | a Sealing.

“Sm Smelt 7 pf. 13 83; SUger, pf. Joi A

naconda ; Bendix, 23%, up 1, and Douglas, A

hil off %. Irregularity marked dull trading on the listed bond market. Rails edged off fractionally at the outset and steadied on these narrow losses through the early trade. Industrials met some selling and lost fractions to around a point under Jead of steels. Utilities held firm under light support. U. S. Government obligations got ‘off to a firm start, but demand was Jacking and the list turned irregular shortly after the opening. Ujigawa Electric Power Ts of 1945 and Montevideo 6s of 1959 were owtStanding in a generally easy foreign section. Curb stocks worked lower in fore‘moon dealings after an early irreguJar advance. Losses ranged to more ‘than a point. In the industrial list Colts Patent Firearms maintained an early gain of a point but Aluminum Co. of America lost all of an early 1point advance, National Steel Car was off 2!;, Quaker Oats lost a point and Technicolor was off 12, Utilities were fractionally lower. Oils and mining shares were easy. 2 £3 2

Today's Business At a Glance

GENERAL BUSINESS

Oil & Gas Journal estimates week ended Nov. 19 crude oil output averaged 3,266,593 bbls. daily, up 22,797 from previous week.

{ CORPORATION NEWS

American Stores Co. October sales $3,363,676 vs. $8,568,089 year ago, 'off 2.4 per cent; 10 months sales on 421 vs. $94,224,327 year ago, per cent. : OD nt Simon Fibre Co. September quarter net loss $15,794 vs. net profit $53,879 year ago; nine months net loss $603,920 vs. net profit $377,504 year ago. Exchange Buffet Corp. quarter ended Oct. 31 net loss $41,669 vs. $19,033 year ago; six months net loss $71,751 vs. $42,637 year ago. + Florida Power & Light Co, 12

months ended Oct. -13-net-income|g

$2.472511 vs. $1,697,467 year ago. Hercules Motors Corp. September quarter net profit $33,727 equal to 11 cents a common share vs. $260,372 or 84 cents year ago; nine months profit $69,089 equal to 22 cents a common share vs. $890,358 or $2.86 year ago. © Jewel Tea Co., inc., four weeks ‘ended Nov. 5 sales $1,851,750 vs. $1,849,746 year ago, up 1 per cent; 44 weeks sales $19,903,628 vs. 438,161 year ago, up 2.4 per cent. : Louisiana Power & Light Co., 12 months ended Oct. 13 net income $003,572 vs. $1,063,014 year ago. Louisville Gas & Electric Co. (Kentucky) 12 months ended Oct. 31 consolidated net profit $2,637,63 -yvs. $2,853,851 year ago. Norfolk & Western Ry. Co. Octo‘ber net income $3,222,209 vs. $2,988,~ 398 year ago; 10 months net income $14,298,977 vs. $26,681,356 year ago. Oklahoma Natural Gas Co. and subsidiary 12 months ended Oct. 31 net income $1,480,819 equal to $1.95

a common share vs. $1,534,883 or y

$2.05 year ago. Sherwin Williams Co. of Canada, Ltd. and wholly ‘owned subsidiaries fiscal year ended Aug. 31 net income $304,568 equal to 31 cents a common share vs. $417,721 or 87 cents year ago.

ended Oct. 31 net income $615,938 vs. $561,732 year ago.

Tampa Electric Co. 12 months N ended Oct. 31 net income $1,504,170 N

vs. $1,445,142 year ago. Texas Power & Light Co. 12 months ended Oct. 13 net income $2.030,859 vs. $2,148,197 year ago. Transcontinental & Western Air; Inc., September quarter net loss $210,988 vs. $63,689 year ago; nine months net loss $1,144,157 vs. $550,830 year ago. Walgreen Co. fiscal year ended Sept. 30 consolidated net profit $2,067,846 equal to” $1.25 a common share vs. $2,755,822 or $1.87 year ago.

! DIVIDENDS

American Beverage Corp. 8% cents on 7 per cent cumulative convertible $5 preferred payable Nov. 28 record Nov. 22 vs. like payment Oct. 1. Berghoff Brewing Co. quarterly 25 cents payable Dec. 15 record Dec. 5 vs. like pdyment Sept. 15. Christiana Securities Co. final quarterly $27.50 on common payable Dec. 15 record Nov. 29 vs. $13.50 in September and $8.25 in June and March. This payment brings dividends for the year to $57.50 vs. $119.80 in 1937. In December, 1937, $39.30 en common was paid. Hartford Steam Boiler Inspection & Insurance Co. extra 40 cents payable Dec. 1 record Nov, 2 Johns-Manville Corp. 50 cents on common payable Dec. 23 record Dec. 9 vs. quarterly 75 cents and 31 extra year ago. Roeser & Pendleton, Inc., regular quarterly 25 cents on common nayable Jan. 1 record Dec. 10,

SEE FINAL EDITION OF THE TIMES FOR CLOSING STOCK QUOTATIONS AND OTHER LATE NEWS

Sierra Pacific Power Co. 12 months

- W A 20th Cent Fox | 3 {| Truax Tra rts .

8 Va 6%

Armstronz Ck. Atl Refining... Atlas Corp .... Aviation Corp..

Bald Loco ct.. Balt & Ohio. ... Avn ...

Gas .... ny Tr .. Solvents .. Aircraft. . Edison Cons: Oil Container .... Cont Qil Del .. Corn Prod .

Crucible St ... Curtiss Wr .. Curtiss Wr A.. Cutler Ham. ...

7 MY 242

Bd & Hud . Lac & W Dis Seag Dome Mines Douglas Air Dow Chem 4. Dunhill

22% TV 21 . 3 70, 1341; vas 11%

Elec Auto L.. Elec Boat 1133 Elec Pwr&Lt .. 11% El Pw&L $7 pf 37% El Paso N Gas. 29 Eng Pub S .. Erie 1 pf Erie 2 pf Ex-cell-o

ve 32%

Flintkote ....s0 26

ins Cai Gen Am Inv ... 7% Gen Am Tr ... 52 Gen Cable A .. 32 Gen Electric .Va 4273 Gen Foods cee 37% Gen Motors ... 483s Gen Stl C of . 29 Sillette SR .. Gimbel Bros ... Goodrich pf ... Goodyear Goodyear pf raham Paige . Gt Nor Ore ... Gt W Sug ..... Greyhound Cc

Harh Walk Hecker Prod Houston Oil .. Hudson Motor . Hupp Motor

Ill Central Ill Cent pf . Inland Stl .. Inspiration c Int Nickel ...

ves. 1538 -15% 41 4Y2

$19,- Int P&P

T Intst DS ....

J 692 69% fi 421, 42% 20% 20% 0 20

Jones & L 7 pf.

Kennecott ..... Kresge S8 ..... Kroger G&B ... fi 3% 26% 1312 5414

Leh %4 Foal . Leh -e oie % Fink .. L-O-F Glass ... Lig Carb 19% Lone: Star Cem. 58 5 Lorillard ww 1491, 1492 —M— 2978 5s 33a

Mengel 7 Minn-Moline ... Mo-K Tex pf ... Morrell 6" Murphy pf .... 107

Nash-Kelv Nat Aviation

No Pacific Norwalk T

Ohio Oil Oliver Farm Eq ais Omnibus - Otis Elev . ; Otis Steel ..... 137s - —P— Pac Am Fish... 7% Pac Coast 1 pf 197% Pac Coast 2 pf 17 Packard Pan-Am Pet 62 Park Utah ..... 2% Parke Davis .. 41% Pathe Film Penn RR Pere Mqt pr pf 3 Phila Raj Tr.. Phila Read C Phillips Pet .. Pillsbury .. . Pirelli A .. Pls Sc&B

r B Post Ric Am A. Procter & G... Proct&G pf Public Sery y Pub Serv 8 pf..147 Pullman 34° Pure Oil

13 22 56 Vs

Radio . Ravbestos ie Republic sti he Reyn Tob B 44%

Schulte . Sears So ntidk |

Simmon 31% CoconylCacuum 13% So Am 1a South Ry 18%s South Ry pf.. i. 213 Sperry-Corp ... 397s Spjcer Mig Spiegel Inc pf. . 13%

NJ. Sunshine Min.. : 30% Superhtr ...... 36 , =—=T= or. 43% i Ta of

tia

Union Carb.. 87Ya 1 183

Un Oi 53 vi Un Aircraft Cp 38% Un Alr ain, 12

437% 17; 91> 273 1-16

Texas

Timk- Fi

Net Last Change

[+1 1+: +4

IEEE EE

1934 1935 1936 1937 1938

’

30 INDUSTRIALS Yesterday .................. 150.26 Week AGO .......c0000000000 154.66 Month AZO .....cco0iseuee.. 154.17 Year Ago . 115.98 High, 1938, 158.41; low, 98.95. High, 1937, 149.40; low, 113.64. 20 RAILROADS

ssesscranse evens

30.77 31.95 32.90 29.35

Yesterday Week ABO .....coc00000000000 Month ALO ....ccov0000000500 Year Ago High, 1938, 33.18; low, 19.00. High, 1937, 64.46; low, 28.91, 15 UTILITIES

esses sscssosssssnn

ssesesssssnsasrans

23.18 23.87 24.41 21.53

S Yesterday : Week AZO ....ccooveessensss Month AGO .sscoocevceccsces Year Ago High, 1938, 25.19; low, 15.14. High, 1937, 37.54; low, 19.65.

cans

DOW-JONES STOCK AVERAGES

-—0.12 -—0.95 +0.05 ~+1.59

High. Low 25% 25% —_— We 49 49 6% 7

A Vanadium 25%

Walker (H) .. Warner Bros... 6% Warren F & P 27 W Pa El 7 pf 10274 West Auto Sup 2 2 West Pac pf vy

Woodward Iron 25% Woolworth

Wright Aero’ 117% 117%

®| Yellow Fr .... 187% 18% Young 8 & W.. 203%, 20%

20%, Young Sheet .. 512 51Y; 51%

N. Y. Bonds

BOND PRICE INDEXES 20 -2 20 Inds. Rails Utils. Yesterday ..... 86.7 59.5 99.6 Week Ago ..... 87.0 61.2 99.5 Month: Ago .... 87.0 60.3 98.9 Year Ago ... 81.4 70.2 94.4 2 Years Ago.... 94.2 98.8 106.0 1938 High ..... 87.3 70.3 99.7 8/1938 Low ...... 749 479 81.3 1937 High ..... 95.0 101.2 106.0 1937 Low ...... 80.1 69.3 92.3 1936 High ..... 94.8 100.4 105.2 90. 84.7 103.5 (Copyright, 1938, Standard Statistics

U. S. GOVERNMENT BONDS Treasury Bonds High .109.23 ..109.16

Low

109.23 109.16

334s Sus 3Vas 334s 3s 2%s 3s 27s 23,48 2%s Federal Farm Mortgage Bonds

1964-44 1949-44

Home Owners Loan Bonds 102 Hl J02 Ll

‘1847-43 ...... 1945-43 .. 1046-44 . 1935-46 ..

3Vas 3s

2%s 2s

Low Alle Sorp 5s 4 Am TT 3Ys 66 B&O ref 5s A 95 .... B&O 4'2s €0cv Beth Stl_3'2s 52

81 1047 17 12%,

Ches O con 5s 39 . : Chi N W 4%s 40cv .... Cons Edis 3'2s 48 ..... Int T&T 4'%s 52 .. Lig & Myers 5s 51 .... N Y Cent 4'2s 2013 ve 56 N Y Cent 4's 20130’. I Panhandle 4s 52 ...1043

96 8 2.109% Ren Stl 4's 56 ...... Young S&T 4s 61 103% . FOREIGN BONDS Low 89%, 81% 104Ys 103%, 101

Argent 4'5s T1 sens 89 as | Argent 4s 72 Sr vale Australia 5s 55 ..... ...104! Australia 5s 3 . vee Australia 42s 56 ... Austria Ts 57

eesenen

4 Brazil as 26-57 ada []

Can Fe Cuba Bibs 45 . French 75s 41 German 7s 49 German 5's 65 .

Japan 5'25 65 652

Heavy breed broilers, 412 lbs. and 14¢; hens under 4; lbs, 12¢: hens, 9c: heavy breed hens, lic: and White Rock springers, over. J3¢: colored svoringers, 11% lbs. up, Leghorn broilers. 1%: lbs. oyer, 5: spring chickens, 2 lbs. and 13c: old Fosters: White ducks, .ducks, under 5

- a

1bs., 8c:

a ®

; Leese Ibs., 10c: turkeys, 14 lbs. and over. 15¢: turkeys, 9 oy and over, hreas No. 2 turkey 0..1 ay fresh country run 25c: each full case must weigh 54 Ibs. over: a net deduction of 5c for

ho LJ

17c;

eR ut

“No. 1, 281%,@2%: N 2. 26 he Cputterfat No, iy 21¢c: No. 2,

(Prices quoted by Wadley Co.)

WASHINGTON, Nov. 22 (U. P

current fiscal year through pared with a year ago

This Year .$3.426,632,840.21 - 2 .600,751.39

ov. 19,

Last Ye Expenses

Customs 129,243,693.91

Clearing Debi

sees.

Net Last. Change

Hs : wr

esee

rte

Bonds

81.9 82.6 82.0 82.0 99.7 83.0

0.7/4

100.7 81.1 100.2 93.3 Co.)

107.3 107.3 © 106.12 106.12 20

41sent actual

WHEAT IS FIR

AS CORN PRICES -SHOW STRENGTH

Liverpool Market Higher; Local Offerings Rise in Early Deals.

CHICAGO, Nov. 22 (U., P.)— Wheat prices ruled steady on ‘the Chicago Board of Trade today, with scattered buying - reflecting

firmness at Liverpool. At the end of the first hour wheat was unchanged to up % cent, corn was % to % cent higher, and oats up % to off % cent. Liverpool wheat closed % to % cent higher after early easiness. Weakness in sterling and lack of pressure from shippers were responsible for late buying. Winnipeg wheat was unchanged at the end of an hour’s trading. Export sales of Manitobas were reported to be about 200,000 bushels, largely afloat wheat to the Continent. In the local wheat market offerings increased on the initial upturn, but there was enough demand to sustain prices. Corn prices were firm in trading featured by lack of selling pressure. Trading consisted mostly of changing operations between the Dzcember and May futures at about 4 cents difference. Local corn receipts were estimated at 124 cars.

WAGON WHEAT

Cit rain elevators are paying for No. a ain other grades on their merits. Cash corn, new No. 2 yellow, 40c. Oats,

LIVERPOOL WHEAT

u'%) S. equivalents based on Sterling at!’ Frey.

December ...$0. x 62! ) 3 Manel id 80.65 L: $0. 2 Ve 50. a 2 50. a 13 1 8374 6312

May, save ENA 6175

Curb Stocks

High Low og 5%

.62 607% 160%

Net Aero Si Last Change Dp Alum Co 2. 3%

. 273% Bellanca Air ... serkey G Fur..13-

r. Lockheed Aid .. McWms Dredge. Mead Johns ,

Std O Technicolor ...

Un Gas Corp Un Lt&Pwa or .

LOCAL ISSUES

The followin

quotations do not reprebids or offerings. but merely indicate market level

the anpnroximate based ‘on buying and selling quotations of

a recent transactions.

LOCAL on

over,

and and over,

5 Ibs, and over, 10c¢: white colored ducks, 5 over, 9c; colored ducks. under 5 young tom voung hen crooked turkeys. ile; old tom turkeys, llc;

eges. and each

full case hder 54 lbs. will be made; pullet

26@ 19c.

U. S. STATEMENT

.).—Government expens2s and Jocgints for the

com-

$2.918,117,100. 3 977

173,503,271.98 INDIANAPOLIS CLEARING HOUSE . 6,025,000

New Business Books

apolis Public Library:

per Simpson. a nation of gamblers to a nati of investors? MONETARY POLICY AND

Second edition. the gold standard. HOW TO *MARD FIRVEYS: by Ralph ‘“There

E. Gayer. of t :

surveys.”

means of dress-up and nt the

the cold dates far into antiquity.”

eldes. Wha fahestied liberties?

COUNTING, AND AUDITING PR! CED compiled by Savings Ba Association he State of or both large ene sm savings ,

Available at Library

The following new business books now are available at the business branch of the Indian-

THE MARGIN TRADER, by KemCan we change from

ECO-. NOMIC STABILIZATION. by Arthnr A study

INSURANCE

Morrow. is ng more effective method for selling nsyrance than through

SELLING FURS SUCCESSFULLY, by Mag Bachrach, “The use of turs

body to protect it agains;

YOU CAN'T DO THAT. by George t is happening to ou

MANUAL OF UNIFORM AC-

New

0nk

all

d fed and Revalred

2 6% pf 2|Ind Hydro-Electric 7% pfd.

Stocks

Belt RE ® Stock Yds com.... Stk Yds pfd on ? nid &T Ft Wayne 1% om

Ind Gen Svc Co Le. 64 .-10

N Ind Pub Serv 7% pfd Progress Laundry Co com Pub Serv Co of Ind 7% pid. vod Pub Serv Co of Ind 6% pfd So Ind G&E 4.8% pid. ie T Haute Title Elec Teo com van Camp Milk. Co pfd. . Van Camp Milk Co Roni. ws

Amer Loan 5s Citizens Ind ‘re $i $s 61. 102 Crabbe Reynolds. Taylor 5s 42.92 Home T&T Ft W 57% 55 ......103 Home T&T Ft W 6% 43. nd Assoc Te' 49, 65 ndpls Railwav Inc 5% ‘67... nter Tel & Tel 5% 87’. 4 ndpls Water Wks 5% 66 .... 102% Kokomo Water Wks 5% 58 ....102%2 Kusner Packing Co 4'2s 50- “os 2 Morris 54:10 8Strs 5% £0. Lew Muncie Water Wks 5% . 1091 2 Noblesville Hf L&P #%i% “ui .:100%2 Ohio Tel Co 6¢ : 98

. LT Haute Water wks 6% Trac Term Corp £9 *Market St. eit Corp. . 25.87

*Dividen By M. P. Crist & Co.)

Chicago Stocks

High Last 65s

Low Aviat Corn Aviat & Tran Bendix Aviat ruce EL .... Cent Cold Stor Chgo C Chrysler Commwith Edison Gardner-Denver

Mid West Corp .- No West Ergin sesunces : 1615 ee

cesses

Utility Indu evs 3g United y 7% Jones” cerees 13%0

FOREIGN EXCHANGE

NEW YORK, Nov. 22 (U. P.).—Following are noon cable Tatey a ma jor Su

rencies Rates Change

England {pound) ....$4.668 11-16 —.02 7-16 Eng. (60- bill rafe) 4, 88 1s- 16 —.02 7-16 Canada (do lar) France (franc) .0261 Tis —.0001 3-16 Italy (lira) .......e0. .0526 elgium (be ga) as Germany - (mark) ... .4003 Ger. (travel mark)... Switzerland (franc).. Holland (guilder) Sweden (krona) ..... Norway (krone) ..... Denmark (krone)

123%

see

sess

vee

4 —.0012% —.0011%

“os

v= SATIS

| Common

: Common and medium..

.| CHICAGO LIVESTOCK

Hog Prices Gain 20 Cents; Lambs Firm

Local hog prices advanced 20 cents on all weights today, according to the Bureau of Agricultural Economics. There was a quickmoving outlet for a fairly Pre sfipply. Top on 160-170-pound averages rose to $7.90, with the bottom of the price list affecting S00-440-pound hogs at $7.40. Packing shared the upturn and continue - outsell straight heavy hogs as much as 25 cents a hundredweight. An influx of orders deflected from the Chicago market where strike conditions : prevail, boosted all classes of cattle higher here. Vealers were steady with best selling for $11. About 40 loads of steers were cleared by midsession fully 25 cents higher than yesterday and last week. Heifers and cows were active, and bulls joined the advance. Most good grade steers and yearlings sold from $9 to $10.75. Stockers and feeders were strong., A top of $9.75 was paid for both native and western lambs. Bulk cleared around $9.50. Best fed yearlings were priced at $7.75. Slaughter ewes were listed at $4 down.

To Reps. P 9500 it 3200 %.90 8935

7.90 8750

Nov. Ne. 15

16 ... 19 ...

Rp Rcpts. tov. 7.85 1000113 ? .00

a 9.90 125 35 .

3 | Packing Sows Barrows and Gills [ Sood: Good and | 2 300 $ 7.55- 7.75 Choice | 208: 425. 7.50- 7.65 140- 160 ) $ T8001. 425- 550. 7.35- 7.55 . 7.00- 17.50

2 So Slaughter ies od 40 $ 7200 7.70

7.70 100- 14 7.40« 7.50|Medium... 7.00- 7.60

CATTLE (Reecipts, 2128), 11 Wei ms A eignis-— . 10.50-11.75] G'd b’'f $ = 6.25- 7.00 . 10.75-12.50] Medium. 4.75- 5.75 . 11.00-12.75|Cut., com. 4.75- 5.50 11. 25- 12.75 Wor

1A 75-10. 751A aE 10.50-11. 0 00-11.00| Good . a 00-10.5 25-11.25] Medium. . 8.00-10. 2 5

5= 0-11.25!cull and common. 6.00- 8.00 ‘alves 1100-1300. 8.00- 5 PH (Receipts, 647) Common Plain— | Choice. 750-1100. 6. 50- 8.00, [230s of “00 $ 8. 8.00: 9.00 9.00 Heifers Medium . Good— Common . 750- 900 $ 8.25-10.25, Feeder Choice— 550- 750. 9.50-10.25] Good

Ss Fy Cattle Medium— 0.$ 7.75- 9.00 550- 900. 7.25- 8.501 590- “1300. 7.50- 8.75 Common— edium 550~ 900 5.75- 17. 25 S00 1050. '7.00- 7.75 Cows ommon.. 6.25Good .... 1. 20 Good and Choice—

7.25 Medium. . 6.25] Hei } . 5.75] 550- 750 s #1 00- 8.00 Low cutter Common & cutter. 3.75- 5.00) medium. ne. s0- 7.00 SHEEP AND LAMBS (Receipts, 4873) Lambs Choice ..$ 9.50- 9.75|Medium . $ 7.50~ 9.00 Goo 9.00- 9.50, Common. 16.50- 7.50

1300-1500. Medium—

8. 9. 9. 9. 750-1100. 17.75-

Good hoice ood and cho 300

Hogs—Recelpts, 12,000; directs, 5000; market active to large and small packers; mosuy 5 to 10 cenis under Friday's average, spots, 15 cents off; bulk good and ioe Pl7o- 200 lbs., $7.47@17. £0; Li $7.60 freely; 120-160-lb. avera 7.55; good packing sows, $7.25@17. 0: few RpeT 0% Kinds up to $7.60. Cattle — Receipts, 5000; calves, 1000; cleanup market due to labor trouble; Mon-< day’s and today’s receipts getting active outlet; steers and yearlings strong to 25 cents higher; commission men and buyers weighing cattle as fast as possible; top steers, $13.50; three loads at that price, next best $13.25; several loads, $12 112.50; best yearlings, '$12. 25; lar ely $8.75 11.50 market; substantially hig er than late last week; stockers and feeders very gull, undependable; feeders dealers strivfor clearance; several hundred % a ves and yearlings sold at $9.50@10; all she stock stronger; bulls steady at $6.50 down; best fed heifers. 3 mostly $8.50 @9.25; cutter cows, [email protected]; fat cows, $5.25@6; few, $7; vealers, $9. 50@10; few, $10.50; strike not settled. Sheep—F Receipts, 3000; directs, 2500; Monday and Tuesday fat lambs trading active; sorting light: market strong to 10 cents higher; top natives, $9.65; fed Westerns, $9.60; bu fed lambs, $9.25@ 9.50: few medium grades arouhd $8.50; fed clippers, $7.50; part load highly finished yearns: $8: fat sheep, steady: bulk fa ewes. 25@4; white faced feeding lambs, $8. as 60.

CINCINNATI, Nov. 22 (U. P.) —Hogs— Receipts, 3000; none direct; holdovers, 60; market ‘ective, unevenly 15¢ to mostly 25¢ pigs oF top, $8: 200-220 Ibs... [email protected]: 0- 130 Dos 38. [email protected]; bulk packing

Cattle—Receipts, 600; calves, 350; market steadv to strong xcept bulls, stron to 25¢ higher; truck loads good aroun 900-1100-1b. steers, $9; good heifers, $9@ 9.50: numerous lots light mixed yearlings, $8@9; plain heifers and yearlings, $7: good cows scarc? quotable [email protected]; cutter grades, $3. 5; top heavy sansage bulls $6.75; practical top vealers, $11.50. heep—Receipt: s, 300, none direct: marke: steady to strong on moderate supply; early sales good trucked-in lambs mostly $8.75@9; choice offerings absent and eligible to $9.25 and above: common and pedium, [email protected]; slaughter lewes main-

LAFAYETTE, Nov. 22 (U. P.).—Hogs— Srkes, 20c high or 160-190 ib Li oo 0@ 190-250 1lbs., [email protected]; 250-400 lbs. $7. 30@ 17.40; pigs. 87.50 down peace $17. 25 down; calves, [email protected]; lambs, $9@9. 5.

FT. WAYNE, Nov. 22 (U. P.).—Hog Market steady to 20 cents higher; 1600 180 lbs., $7. 50; 180-200 lbs.. $7. 60; 230-220 is, : - S.,

Roughs, sos stags, $5.50; calves,

$11.50; lambs,

FOOD PRICES

CHICAGO, Nov. 22 (U, Michigan Macintosh, bushel, Sweet sosaioes—Tennessse. bushel hampers, 75@95c. Carrats—Illinois, bunch, 2c. Spinach—Illinois, bushel, 25@60c. Tomatces—California, lugs, $1.25@ 2.15. ‘Cauliflower—New York, crates, 75¢@ Peas —California, hampers, [email protected]. Celery—Michigan, square crates, 35c@$1. Onion market (50-'b. sacksr—Idaho Swest Tae M 5@92'2c: Wisconsin yellows, 2°2c; Mi Minnesota yellows, T0@T75c.

P.).—Apples— $1. 3 1. 5. | hn a

Automobile Depository

Bank while your motor runs

{

POETRY

% TONIGHT %

JOHN BOLES visits : BENNY GOODMAN

WFBM—8:30 P. M. Camel Cigarettes

ry le _-—- 3

NGS AND

4.00 {1215

U.S. MOVES TO

RE-EXPORT OIL FROM MEXICO

Customs Bureau Gives Permit for Refining; Dumping Investigated.

WASHINGTON, Nov. 22 (U. P.). —The Treasury Department, it has been learned, has taken definite steps to prevent dumping of Mexican crude oil on the U. S. market.

The Customs Bureau granted a bonded warehouse permit to the Eastern State’s Petroleum Corp. of Houston, Tex., for refining and reexport of oil take from American properties exprorpiated by Mexico. Although Oustoms officials declined to discuss details of the bonding, it was understood that it would serve to prevent dumping the oil on this country’s markets. Meanwhile, the Treasury is continuing its investigation of complaints that Mexican crude is being dumped in Texas. The Customs Bureau has sent investigators to Mexico to check the situation from that end but they have not yet made a complete report, it was learned.

STEEL PLANT IS READY

PITTSBURGH, Nov. 22 (U. P.).— Less than 19 months after groundbreaking ceremonies, the new Irvin works of Carnegie-Illinois Steel Corp., major project in the modernization program of U. S. Steel Corp., will be formally opened and dedicated Dec. 15. The chief units of the new plant include an 80-inch continuous hot strip mill, an 84-inch tandem cold reducing sheet mill and a 42-inch tandem cold reducing tin mill. The mills, electrically operated, have an annual capacity of 600,000 tons.

CHICAGO PRODUCE

* Butter—Market, firm; receipts, 734,204 gross lbs. Extra "firsts, 90-91Y2 score, 25% @26%c; extras, 92' score, 27c; firsts, 24'2 @35%c: seconds, 23'zc; specials, 93 score, 271 @27%c; standards, 26%: @26%2c; centralized. 88 score, 24%c; centralized, 89 score, 25%c. Eggs—Market, 3891 cas. Fresh graded firsts, cars. 27%zc; less than cars, 27%e; extra firsts, 31c, less tha cars, 30%2c; checks, 21c: storage, 20c; current receipts, dirties, fresh, 21; storage, 20c: refrigerated extras, 23c; refrigerated standards, 22%4c¢: refrigerated firsts, Yc. ‘Poultry—Market, firm: receipts, 1 car, 63 trucks. Duckas. 13@14%c; Feeese, 14c; 5 Leghorn hens, 11%c: 14@16c; roosters, 11% @ 17@18c; turkeys, 18@25c. ‘ 12%, @13c; dasies, 13%@ 3Y2c.

Potatoes—Arrivals, 62: on track, : shioments, . Idaho Russ2t Burbanks, $1. 651. 80: Colorado Red McClures, $1.85 @2.07%; Wisconsin Round Whites. $1.15; Michigan Russet Rurals, $1.10; North Dafois Biss Triumphs. $1.50; 85-90 per cent 1, [email protected]; Early Ohios, $- oi

1.25. ‘Supplies. moderate; demand,

good; market, slightly stronger.

DAILY PRICE INDEX

NEW YORK, Nov. 22 (U. P.).— Dun & Bradstreet’s daily i a price index of 30 basic commodities, compiled for United Press (1930-32 equals 100) : Yesterday Week 280 ceo vonesostcccnens Month 280 cecsiscerenanesss Year ago ... Tea sennnse 1938 high (Jan. 10)......e0e 1938 low (June 2)..

steady: receipts,’

Cheese—Twins,

fairly

sasnssevsasdeniers 105,00 105.70 104.87 116.81

arses’

102.43

sess

LUMBER ORDERS AHEAD

WASHINGTON, Nov. 22 (U. P.).— New lumber orders booked in the

per cent above the corresponding week of last year but slightly less than in the preceding week, according to the National Lumber Manufacturers Association. Production and shipments also dipped slightly below the preceding week because of the Armistice Day holiday, the Association reported.

V1 XT A

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Guest Star

| SHIRLEY ROSS (| SKINNAY ENNIS

and His Swing Band

JERRY COLONNA

The ial Professor

6 HITS : A MISS’

117.06 | i706

holiday week ended Nov. 12, were 34| 7:

TONIGHT

7:00—Big Town, WFBM. 7:30—Al Jolson, WFBM. 7:30—Information Please, NBC. 8:30—Fibber McGee, WIRE. 9:00—Bob Hope, WIRE,

The Indianapolis Symphony Orchestra, which began its second season under Fabien Sevitzky’s direction last week-end, starts its second year of broadcasting at 2 p. m. tomorrow, inaugurating an 18-week CBS series through WFBM.

The program, subject to change, is announced as follows: The Overture to Mozart's “Marriage of Figaro,” Haydn’s Symphony No. 9, “The Mystic Trumpeter” by Converse, and the Polka and Fugue from Weinberger’s “Schwanda.”

It will be noted that only two of the first program’s numbers will be heard on the broadcast concert. Mr. Sevitzky plans to include each week music that will not be heard on the popular or subscription series, which should attract local listeners as well as national network dialers.

A program of Rimsky-Korsakov, Bernard Rogers and Beethoven is the tentative selection for the second broadcast. » ” ”

The latest cinema combination to endanger the Myrna Loy-Clark Gable team prestige is Shirley Ross and Bob Hope, who co-starred in “Thanks for the Money,” at the Circle recently. Miss Ross will return for her second guest appearance on Mr. Hope's program at 9 p. m. today on NBCWIRE. Of course both are married and not to each other.

#2 un 8

(CBS Net.) Mugsio for Fun

I. U." Program News

Basonology

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Tea, Tunes

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Christ.

Mowls Y. A. Program Jordan 6c Cons.

Ensemble Air Liners Dick Tracy

Science Wing

"ae SSNS MSwS

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Easy Aces Yarisiies X. Cugat’'s Or.

New! C. Ye acas’ Or. Second Husband

:30

Big Town Al Jolson

Si or

Alex Randolph

Newspaper of Alr Johnny Presents Men’ Ss Program

ON THE RADIO

Mischa Auer of “It Steenks” fame in the film version of “You Can't Take It With You” will appear on Al Jolson’s program at 7:30 .p. m. today on CBS-WFBM. The broadcast will be the first originating from Hollywood after Jolson’s four= week visit in New York. 8 # = : Four girl radio singers will meet their employers, Maestros Tommy Dorsey, Fred Waring, Larry Clinton

lenge match on the Frank Crumit and Julia Sanderson “Battle of the Sexes” program at 8 p. m. today on NBC-WIRE. The young women cons= testants are, respectively: Edyth Wright, Donna Dae, Bea Wain and Jeanne D'Arcy. A New York advertising agency today denied rumors that sponsors of the Sanderson-Crumit program are looking for a new Tadio show, ® os ” Gabriel Heatter of the “We; the People” program at 8 p. m. today on CBS-WFMB must lead a frenzied existence in his efforts to find interesting people. This week he has enlisted Miss Sarah Schwartz, who rarely is seen on the screen, although frequently heard. Her forte is screaming, her talents embracing straight bloodcurdling screeches to nice refined tremolos. 2 8 2 y ‘ Hendrik Willem Van Loon, human interest historian, and Russel Crouse, author, screen scenarist and musical - comedy librettist, have joined the permanent staff of “Ins formalion Please,” it was announced today. The program, heard at 7:30 p. m. on Tuesdays on NBC-Blue, is rebroadcast at 9:30 p. m. on Mondays by WIRE. 8

THIS EVENING

(The Indianapolis Times is not responsibil nouncements caused by station Shalzes fo ii, jnaceurasles In prosvam aus; IN OLIS INDIA NAPOLIS CH (NBC-MBC)

CINCINNAT (NBC-MBS) Hannah

Terry : Jack Armstrong Paul Sullivan

Don Winslow

1CAGO GN 720 (MBS Net.) Decker & Salvo Johnson Family

Melodies Pianist Cinnamon Bear Terry Concert Or. Orphan Annie

Capt. Midnight Concert Or.

Lowell Thomas

Amos & Andy Varieties Don’t Believe If Inside Sports :

Johnnie ” ”»

Sports Review Inside Sports

Green Hornet Lightning Jim ”

, Men's Program

3 Pom me

We, The, People Goodman's Or.

— El

Fibber McGee

S858 §38

Dr. Christian

Jimmie Fidler World We Live In

Rob, Hogs

Uncle Ezra J.

Love

Crumit-Sanderson

Kemper or.

Don’t Believe It Clifton Utley Tomorrow's Trib. Gabriel Heatter

True Detective Heidelberg Or. Northerners

Crumit-Sanderson. Fibber McGee ” ”»

Variety Show

Uncle Ezra Jimmy Fidler

hi Now C. Baum’ s G. Miller’s o%.

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Amos & Andy Breese’s or.

Paul Sullivan Travers’ Or. Salute

Concert or, Jurgen's J. Little’ 's Oe “

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Himber’s Or.

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Moon River ” ”

Review G. Olsen’s Or.

Barrie's Or. " ” J. Blaine’s or.

INDIANAPOLIS WFBM 1230 (CBS Net)

Early Birds Roundup

Devotions

“i SS

WEDNESDAY PROGRAMS INDIANAPOLIS WIRE 1400 (NBC-MBC)

CINCINNATI (NBC-MBS)

Checkerboard Valley Folk

INDIANAPOLIS WIBC 1050

Saddle Pards Cowboy § Songs

Musical Clock

”» ”»

” ”

Gene Ww

Time to Shine Peter Grant Gospel Singer Chuck Wagon

Breakfast Jam

Fiesta Breakfast Jam

Ams we

Richard Maxwell News Fontana Slim Dessa Byrd Roundu Baby Bulletin > Apron Strings Better Health

News Band Wagon Top Notchers

Devotions Linda's Love

Kitty Relly Mrs. Wiggs Ma Wite Farrell's, Kitchen

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Other Plain Bill

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Woman in White

Once Upon. Time Meet Author Courageous The Goldbergs

Kay Bartlett

Cugat Plays Hall’s Or.

i 00 Hillbillies David Harum Widder Brown Aunt Jenny. rl Editor's Daug Mary McBride Nancy James Farm Bureau » Market Report

10:45

Singin’ § Linda's love Farm Hour

Lorenzo Jones

Monitor News hig Makers

hter Ola 1 RY trains Noon Rhythms

Boy Greets Girl

Julia Blake Yo yd Sade

Road of Life

* Editor's Daughter The O'Neills

ews Farm Hour

12:00 Bohemians ”

12:15 New 12:30 Stepmother 12:45 Manhattan

"Irene “Beasley Poetic Strings School of Air

. Voice of Expe

Betty & Bob Grimm's Davg Valiant La Betty Crooner

wi BE He orter

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Farm Radio ce uf Farm Happy Gilmans

Betty & Bob Grimm's Daughter Valiant Lady Betty Crocker

Back Home Sleenv Bonlew Roundu Blue Ridge Girls

Dicl Kk Leibert hter Tropic Moods Dance )r.

» Varieties ” ”» "” Backstage Wif Stella Dallas Vic Sade Girl Alone

1. U. News Vic Fras

Eton Boys Dance Time

__ LeBrun | Sisters

~ Mareh Taf Games Santa Claus Tea, Tunes

NBC-RED—WEAF, 660; WTAM, 107

Indpls. Symphony Progress Parade

Program

Minute “Interviews

KEY NETWORK STATIONS (Subject to change): NBC-BLUE—WJZ, 760; WOWO, 1160; WENR-WLS, 870; KWK, 1350.

Piano Moods Swingslers cert Hour

Mary Marlin Ma Perkins Pepper Youn ng Guiding Ligh

Bitty Keene Midst Beautiful Life Haiterfields -

Hannah

Terry \ Jack Armstrong Paul Sullivan

Hawaiians Lillie King WPA

Or. Joannyv Perry Jamboree ” ” Silent

”»

0; WWJ, 920; WMAQ, 670.

CBS—WABGC, 860; WIR, 750; WHAS, 820: KMOX, 120; WBBM, 770. MUTUAL—WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM, 850.

CROSSWO

RD PUZZLE

editions of yesterday's paper.

1 An actress

HORIZONTAL Answer to Previous Puzzle

CORRECTION Through an error, today’s Crossword Puzzle was printed in some

15 She has been ,

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PRESENTED BY THE PEPSODENT CO.

® The Sensational

New ‘Radio Serial

KROGER'S CLOCK BREAD

Presents

“MARY FOSTER, THE EDITOR'S DAUGHTER”

Monday Thru Friday at

10:45 A. M.

STATION

WIRE

Be sure to listen to the other popu~ lar Kroger program, “Linda’s First Love,” each day, Monday through Friday at 11:15 a. m. , « « WIRE,

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4 perpendicular parts. 20 Ear. : 21 To decorate. 22 Predicaments. 27 Perfect’ type. 29 To close with wax. 30 Female relative. 31 To depend on. 32 She became a—in girlhood. 33 Moldy. 34 Greek letter. 35 Wild duck. 36 Retired nook.

37 Doctor. 38 Glass bottle. 39 Tiresome person. 40 Form of “my.’ 41 Related by blood. 43 An alpaca. 45 Musical note. 46 Starchy herbs 47 Apart. 48 Game on - horseback. 50 She started acting as an

51 Her most

4 15

32 Ocean; 33 Default. 35 Baking dishy . 36 Heavenly body with a tail. 88 Passport indorsement, 39 Offered. 40 Evils. 42 Emerald mountain. 44 Part of mouth 45 Dandy. 46 3.1416. 47 Prepositions 48 Pair, 49 Upon.

famous role o" — » VERTICAL 1 Mother. *. 2 Quaking, -3 Customs. 4 Home of a beast. 5 And. , 6To trifle. .71 Money changing, 8 Witticism. 9 Senior. 12 Axiom. 14 Photographic celluloid.

LOAN ASSN.

and ‘Johnny Messmer, in a chal- ° o