Indianapolis Times, Indianapolis, Marion County, 9 January 1939 — Page 15

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4 Seat lL ? i a hE — —— : du a i x Ha Tp Tr . gi : aan a 115 J 0 : JRE y 0CKS WAVER 7 STOCKS |DEMA Porker Pric ro ‘Hold Firm; AFTER J- POINT A DOW-JONES STOCK AVERAGES GRAIN DECLINE} 95 High Low Last Change 30 INDUSTRIALS Am Can ...... 9 99 99 — Vo SBUPAAY ceeesaireccssesrcnin: 151.54 —1.38 1 Ch bl Am Colort 10% 10% 10% — Va|Week ARKO :v.ceosessessesss. Holiday ¥ ca ers Im Am Hide SL pf 30 30 30 — 1% month ARO ...ee.- cesiensses 148.65 40.34 : Am Loco ...... 28 28 28 -— i : 123.55 +2. 71 Am Metal ...... 38% 38% 38 — 1p|Year ARO .....ccccieieiinenn. 3. W971 | : {mre EL Sk Sk Sn — nn Hsbms a: All weights of hogs held to ast : Am Roll Mill .. 20% 0% Wh +H TED: 10 20 HAILROADS on Hf Buvi week’s closing levels in a generally i i Am Snuff...) . 61% 6 Z saturday ....... fans Svaas ves ‘2.93 —0.32 i steady trade today, according to the wading Issues Slip Off Am 3h ic ti iH fi = jSaturday o.oo 1208 —032 COMMISSION ouse ying |steey wade aay, scotrding so the : inh (AD Stores ..... noes sesvacecsansirnnvna i] .45 3 i = After Making Slight jam set. lust wife spe = wu PEE oo 3% 2%. Holds Drop in Prices = |Top price for is0'to 110-pound hogs i Am Water W.. 13% 13% 13% + % Hah, 1938-9, $4.33: low, 19.00, : Recovery. [ARTY ME HE MLM RUDUNSaAR To Fractions," [Eline sows wwe, runes : | — Atchison ...... 33° 39 3B =u 15 UTILITIES Steer sales were strong, with most SE 3 + | Atchi f ... 87 87 67% — 1 [Saturday ....:. vere. 2349 —0.15 1: _ _ NEW YORK, Jan. 9 (U.P). —|ai Ga Wr. ih 8 TH TD Week aro Aotiday prices ranging from $8 to $10. HeifStocks fluctuated narrowly in early|38 CG &WIpt13 18 13, + *2iMontn Ago .... 21.38 +004] CHICAGO, Jan. 9 (U. P.).—Bene- ers found ready sale at prices rangafternoon dealings today after a|Aviation wdorp l TE WM Iw Xear 2 pe SE ~0.16 | ficial rains in the Southwest winter a from $750 1 %o 39350. etic trom 3 gh; -9, 25.19; low, 15.14, : : ea Ek than 3 potnts. $01 actions to ior ald Loco ct... 15% 15%" 18% — v| Eh. 1988, 81.54; low, 10.65 wheat belt, prompted selling of wheat| day's low spot, the top . price "Leading issues recovered part of|Balt & ohio ... 7% 1% 1A — £3 : Ban the Chicago Board of Trade t0-|peing $10.50. Rheir losses by mid-session, but fii 8 13 1% 1840 > High Low Last Change |day, but commission house demand : _— 2 ate morning hour, Jost 18d slipped off again as the market en- Sen x Aw. . 26% 26 th ee 1 Hi 1 é sv |checked the decline after fractional nt lower Teri) ds’ or and ear) ACW a: Jered the fourth hour. Trading was AE Ite Wn Mr ~ 1%. 18, = 1 |losses. Lamb receipts were heavy 3 gui met support when the Bonet 13% 13% 1 2 3 i 2% ¥ 3% At the end of the first hour Wheat D op Roots, i : Bests, % “ese ianw a S. an, '0 erican Iron & Steel Institute an- | BOS; Warner -- 29% 29% 29% + lo% 19% 19% — %|was off % to % cent, corn off es. $8.08 G41 nounced a point advance in the steel | Brewing cp Am 82 6% 84 + Be HB: R= 3 to 3% cent, and oats % to % cent = am god ; Ll 8% ia operating rate this week. U. S. Steel, |Bkiyn U Gas.. 18% 18% 18% — sin 31 28 + % ower. ‘ 820 3811) 8 II 820 7250 which had touched 65%, came back |Busyrus-Erie... 13% 13% 13% — 8% 38% 34% i 5| Opening quotations in wheat were ce to above 86, against a previous close|Hurroushe .. 18% 18% 18% 4 « PL. 3° = %loff % to % cent. Good rains were dem and Gills | Packing Sows 2. Inia 16% 16% —. kla- - 300 $ 6.50- 6.75 of 67. It turned down again. Oa 9 91 — reported over the week-end in O! loice— 7.50. s 2 3 i: 330 8 8.50 83 | Heaviest losers included Case at Callahan Zino. 1% 1% 1% ... 7 2 ne F 4 hema and further Scattered shower mu ae: i 180. : 3301 435. 550. 6.10- 645 91, off 2%; Johns-Manville 100%, |Saiumet, & Ho 5 J J% = To Th — hl RRs I actlhor for all, RU- 130. Ti: 81015350. 585. 048 ff 33%; Wright Aero 110%, off 3%; |Gansda Dry 18% 18% 18% .... -T— dicated unse > Sal se 320- 350° T.30- 190) == Slaughter Pigs oungstown Sheet & Tube 50%,|83R.5°"C"": (458 378 19 = LE el grain bel: sian. ot Liverpool | 200- 350° 660: 7.081 100- 140. $ 128-115 214: United Aircraft 36%, off |Gent Foundry.. 4% 4% 4% + : aid aif aig tn] 2 reactionary trend a €rpoo. Medium 2 2%; Douglas Aircraft 69%, off 214; |Srro de Pasco 30 ~ 32 {82 — 3614 ei, — 4 |also encouraged scattered selling in CATTLE (Receipts, 1660) American Power & Light 5 Der cent|Chi Ge West By ore os 4 = a 13% 13% © :'*y, the local market. Prices in the Eng-| Steers ll Weis preferred 34%, off 2, and Chrysler [Shi Bre 7... 1832 1852 185% + is: 81" 81 = fi|lish market closed unchanged to % | CholeGe, 410.50.12. 90 Gd Feige; $ 6.75. 7.50 181%, off 17%. Childs’ ar 13 13 32 Aly Transamerica «e 2 Te Th + Jalcent lower. The July future Was| 00-1100 "11.00-12.50| Medium . 6.25- 72 rysler ...... B15. 1B Bp. Jp (Tr-Cong ...\.. : 3% 37 0 ; 1100-1300 11.50-12.75| Cut. com 5.25: 628 U. S. Steel touched 65 1 y 1% 19% 18% — 7 ow steady. Sani pstecl touched 60%, off 1 |chich huis 1! 31% 3° A = RIZCTacl HE SE 2" Winipes wheat lost % to % cent| Be goo 11ooan wake a point we dO Col Broadcast B 16% 16% 16% i. Ivin Ov 5 r £. 37 3% 3% lin early trading. 900-1100 9:25-11.50 Choice. 810.00-10.50 ii > oo 1 esses - - L vI.00=-1u, ‘were fractionally lower. Coppers and om Solvents | 10% 10% 109% = % Yio Carb : 8 Se ae ty Exporters reported little foreign 1300-1500 950-1175] Cull and oils lost fractions to more than a [SOUWIh Edison 27% 27% 21% ...- GU Afrcrare Op. 383% 31% 38% — interest in North American grain Wels qs. - 38 lve point, Cons Edison . 31) 313s 31iz 3 |United Corp ... 344 34 24 + 12/over the week-end. 1100-1300 _ 800 8.501, | (Receipts, 410) z . Sons amare: 5 8% 5» —." Un Gas imp ... N1% 3% 1% — JY) The weak tone in wheat and a|GoRr mmon Plain— 8.00] 250-400 ..$3.00- 9.00 : U. S. Bond: Higher Con ur # 3%, 31% .... |US Gypsum ...100 0. — !s,|lower Buenos Aires market combined Heifers | Go 00- 9.00 : : Cont OL Dell. 29% 29% 29% ..... |U S Rubber .. - 40% & 89% — 2% nk under- Cho! oom’ * 5.00- 7.00 : Domestic corporation loans weak-|{Crane Co -.... 35 35 — 3,|US smelt ..... 63% bg = s|to give corn prices a Ww under- | 355560 $10.00-11.00) Common 5.00- 6.00 ened in early trading while U. 8. Grr eu Saw Eu fou fio BUS Sie. 6% ? tone. Favorable rains were reported |Good— \ oo 1000 locker Oaitle ‘Government and foreign bonds |Gub.am Sug ih aig i 7 = Wer in the Argentine corn belt. Trading |yeqium— Steers moved higher. Surerwi 8 88 8 Twas an... 4 4h 4% — %|was light in the local market. | $0900 ws ssacat, To, oq Early selling in corporate issues| TD Warner Bros ... § 6% 8% — 1 Local grain receipts included 2h 550- 900 6.35- 7.75; 800-1300 ". 7:30- 8.5 fentered in, mained funds outlpgre scm me me sEEECECTHE BUH Sh Gmorwen | 1) ee 12 1 S 1S group generally were(Del & Hud.... a 13 s | Wright a — 8 M 1 $90. i 5 limited to minor fractions. Selected |Dome Mines .. 32% 32% 32% — % —¥ Songer - 5.00 ood and Choice utility and industrial bonds reg-|Du Pont br...13 120 130 F%|y., & To... P% fo By pan AUON WHEAY ENT Sitter 425- 5.50 350-760 ..$7.00- 8.00 : isteren sizeable losses on only mod- Ean 5 Solow 1x an 3h 4 Batu red, ‘6c: other grades on thelr merits. ium. 5.00- 7.00 erate selling. Eaton Mfg .... 24% 24% 24% — % ash corn, ne , s SHEEP AND LAMBS (Receipts, 3819) 'U. S. Government bonds moved up | 51°, Boat ;-. 14, 4, 4, TT. - So Lambs 133 0, 5-32 ‘point to. around op Elec oS ig, 1% ih 4 Re REDICT — LOANS GIVE WORK Sul an 8.0- 9.0] medi $ 7.00- 8.50 ghest levels in more than a year |Eng Pub S..... 9% 9% “9% + Yu jCommon.. 5.25- 6.75 3 3 CRN pe hound the opemings JEL= di MM oy UPTURN IN STEEL TO 48,500 BUILDERS | =. m= a Lin a vn wlan 8 8 7 pn REM adel Firestone . . 3 a y i— - foreign bonds. Gains ranged to|HIIthY Sls [82 Nn HE TW : CHICAGO LIVESTOCK about a point. Mt BE BE BE Lge Holds CONStrUCHOR | oot ro te Oe ee eed oy. foes, a0 markt, tay Curb Losses Extended Gen Am iv a 8% 8% — % ; t B Ai d as. building and loan associa- he on weights 32 with Sosy others ] Gen Am Tr 57% 57% 51% — % Or ders 0 be Ald. tions during the first eleven months | Uneven, mostl steady to 5 cents Joweriy Curb stocks extended early 10sses|Gen Cable 17 17 1 0 spots 10 cents off; top. $7.90; good an to more than a point in light trad-|Gen Electric ... 42 ~~ 41% 43 — Wl... cn0iq™ of 1938, the United Sates Building §hgice 160-200 hss $7.68 0 a st ‘ Gen Motors .. . 4812 482 48'2 .... and Loan League reported today. sy - Me : fires Geo Time Ins .. J03 Jou B34 + 7%| NEW YORK, Jan. 9.—~The cyclical| out of $734.062,000 lent by the bos. soi Sos. "$60.40: Weigh Siena] Active industrials were irregular |gSo, Jet ooo. “58 n Sh Tn 0d IG f weights, $6.50@ 86.60. but losses in the selected section |Goodrich ...... 231% 2315 2304 I 7i|uptrend of demand for steel is ex- associations J for 2 Lipases rom a CBtIS—Receipts, 12.000; calves, 2000; ; inum | Goodyear ..... 35% 35% 35% — pected to continue in the early|January oug ove y of Jun shots fed.S ers; Ss Fanged to 1% points In Aluminum nam peifs’. 1% 15% JR + J Pesied | eague shows that $201.306,000 Was | Lore o ict,mezket; strong to 38 cents Co. of America. Babcock & Wilcox Gt North pf . . 28 28 28 — 32/months of 1939, according to Poor’s spent for the construction of new |bullocks Jase light or welghty kinds yery and American Cyanamid B Were Gi w sug pi. 138 , 138 138 ..._|Industry and Investment Surveys. |houses and $54,598,000 to repair and higher: “best: yearlings, $13.85; heifers fractionally higher among the ac-|Green HI... nn 3 BB TT : SPetl odol existin P1840. bus mo Shoice heifers More: ll in: tives while Carrier Corp. lost almost SeShound on» 2 . ee ae Jor Sr on | remodel existing ones. ferests in trade. but shippers and order a point. : TE int 1 projects, private an overn- N AT DROPS | butcher cattle: these ® going to. small \[Utilities were fractionaally lower. |Homestake....: 81 it i ..+, | mental, resumption of tin plate pro-| vaca cy BATE che” bul parker Fi te Ho up to $7.35, iy Sn and Seversky de-|Hud Bay M&S. 35% 38 SW + | qyction on a larger scale, and the| MOI ERO Jan. 9. Less than three | teas, 11050 down, with Ciignt ta c e the s43 : ire PE . ¥ pw— ca Vi a e; mos child was i pation Lis: but Pair 11 Central ...... 18% 18% 18% — % requirements qf the automobile in-|per cent vacancy of homes is indi- fleshy feeder type offerings going to Wright & Hargraves gained % Tha Ra Rayon ais $2 38% 332 3 |dustry should ‘cause steel mills’ vol-|cated in a survey of Toledo made Iambe very So prac ion aotazket, fat point against the trend in mining interes Gop .- 18% 187: {87% 1 -y,|ume of operations to expand, the iH “y any. 3 undertone. weak fo 2 cents lower: now i i 1 -. 1 : i a - ] stocks. Oils were easier. Int Hyd El A. 5473 iy 5414 Ly survey says. Railroed buying re-|.. + put now desirable homes are Lssbs; sient cld_s3@o 15" snd upward: Gils # = = Int P&P oe 13% 13% 13% — Yimains restricted, and although there| difficult to find. In the last seven |Western ewes.’ $4.50: scattered natives and T d ’ B o Int T&T For .. 8% 8% 8% + 7% are now indications that necessitous| years only 509 new homes have been | °*" westerns, fr Oo ay Ss usiness —T purchases will be made, large vol-|puilt in the city while more than 5 CINCINNATI, Ja an 2 {© P.) —Hogs— 3 Johns-Man ....101 101 101 — 3 |ume orders from the carriers prob-|4000 old houses have been razed | eve venly sie sieady to %0 over. Tower: ton $8.95: At 0 Glance Be Ey ile deferred pending Sarl in the same p Pik in Sa 1500 i se Be%50! : Kalamazoo Stve 19 18 10 — % Bion id thejs Inosie vexing Soan- Satie Recents. , 110; calves. 400: mar. nCSu-...10 10 10 — 7%|cial problems, accord e Te- 0 medium grades, steers omenar poses (Emits df fC goa” 8 DAILY PRICE INDEX [{/5iis fish Sralt ini oi Be ool 8 CO. estiinsies Dose or “Steel production expanded rap-| NEW YORK, Jan. 0 (U. P): —| food steers low, some early bids, weak to SH Gow Das Sl SR Jegisiraiions Leh V_Co Ya Ya % .... |idly from about 50 per cent of ca-|Dun & Bradstreet’s daily weighted $9@s. 50; pad hea 1 200d heifers to $9.75: >: ) . } Libby McN & 5 " 8. s z+, | pacity in October throughout subse-|price index of 30 basic commodities cutters and cutters largely a5. 75; prac and 174,820 year ago; November new Lott. Inc ...... 10% 3% 9% Ya RS pa 5 truck and commercial .car registra- bone Sar, Cem ta o 0 — ‘"|quent weeks to a peak of 62.8 per|compiled for United Press: oe ue 11. Eps Ede ud tions 23943 vs. 19,589 previous Loritara a hl 21% Siu Wu iu Sortt = ven a thereafter) (1930-32 equals 100) | 100: market. steady on orillard vf ...150 =~ 150 150 = ....~ |gradually ng to 57.6 per cent|Saturday ......... esasesvnniy 105041 cked-in natives month 2nd 2 R18 Year B50: iintes : mM in -December, ard more precip- | Week Ago holiday. 5:50: Western Tames Aha. medium Sages 938 retail sales $35,300,000,000, vs. 1% 1 +n E sly 22 517 per sont in the week{Month Ago .................. 105.12|32\3, from $7GS; slaughter ewes mainly , a eee. . 19,” § - ABD Lee . ; A 39,900,000,000 in 1937, first year to Jr 3p 8... re RE ee had ages the aia) Year Ag0 ........., 117.06] fo oket, steady: 140-160 Ibe. $8.15 1605180 ear decline since 1933. «13 Ba Bh + X78 ise had been chiefly a|1938-39 High (Jan. 10, 1938).. 117.06 |1bs.. $805: 180-200 lbs.. $7.95; 200-220 Ibs.. Magazine Steel reports steel oper- 3 os sf I j|cyclical upturn, reflecting greater|1933-39 Low (June 2, 1038)... 10243843 220-00 Th S100 Poin De tions last week up 11% points to 12% 12% 12% + 3 |demand from many ustries, es- , $6.90: 300-325 lbs. $6.75: 325-350 lbs, 1% per cent. 7 Po Tr pecially the automotive. The sea- . ~ ho HEE Sa 16 16 16 — 1 sonal reduction - : CORPORATION NEWS 1 11 17 <u "year-end = on i output Restor tie Chicag 0 Stocks LARA YETTE. Ja: 198 Wt “soe a gots Jue God MisES Coley om Bel Sy aes ME Eh ROT em Nat Acme ..... 14% 14% 14% 0) 1% 68 es $0. pron 1. $145.20 year ago; 1638 estimated | SLs 3 HE Bi wf N, Y. Bonds i I ER ae prof Vs. Nat Cash Reg.. 25% 25% 25% + ¥% 2% 2% 193 Nat Dairy ...l 12% 13% 13% — 4 21% 21% Automatic Voting Muchine Corp. |3at GRE E #| BOND PRICE INDEXES |SIEIVG § = 52 UTILITY INCOME IS fiscal year ended Nov. 30 net profit |Nat &Lt.. 8%, 8% 8% .... 0. 2 2 -6 | t 48% 48% ’ Nat Tea oo. en 4 4 1 ='y Inds. Rails Utils. d 3 3° 73 : $526,546 equal to $1.46 a commoOn|N v Centrai .. 20% 20% 20% — 14 Saturday. ss: a als hog Beals HE ttn 2 3 3 UP FOR 38 OVER 37 ‘share vs. $364,747 or $1.01 year ago. NyCamil, £5 34/4 34% 34% w= Yt! Week Ago ..... 562 612 99% &23 Marshall Field” ceases 13% 13 % 124 Timestvectal = ey Oct. Tr mer prog (Ro Amen yor hh 8% al Zu mean are ese mia ser welNelSsleyEP.liiial al, | LOUISVILLE, Jan. 9. — Gross SET y al to 2 cents a adh vs. | No ST Pur ohi102% 102% 102%, T ve |Yoor Aso ..... 823 69.8 941 82.1|Gian Radio Prod ...... 3% 2% 2% | operating revenues of Louisville Gas eq . : 1938-39 High... 87.3 70.0 99.8 83.0| Wisc Bk Shrs........... 5 54 wel ty Electric Co. and. subsidi $125,052 or 28 cents year ago. hic. Bi > 0 1938-39 Low .. 74.9 47.9 873 70.7 T— y 8 S lary | Peoples Drug Stores, Inc. and |i fc, ill: dew 20% 20% I 1% np ‘ Ss. companies for thel2 Monthy ended SsiGiariel Dessmber sales $2475, Quis Steel ..... 16% 4% 14% Neb.” U. Ss. NN BONDS THANK ’ SAID THE Nov: 30, 1938, Sone to $10,815,83 vs. $2,426, year ago, up cece : y , as compared with $10,342,709 for r cent; 1938 sales $21,780,021 vs. toon 3%s 47-43 reg - v TROLLEY MOTORMAN the year ended Nov. 30, 1937, acPackard '....... 4 4 43 Ya|3Y - 110. ; : — 2383108 in 1037, oft 21 per cent Eckard, #4 fr gn + wR MEAT IG, E,W sorales tos report lensed snday. DIVIDENDS Paramt Pict. 13% 13% 13% + Ya 2s 1947-45 : J 3 NEW HAVEN, Con. Jan. 9 (U. opera revenue an er i ‘Pathe Film 16 10 10 .... |3%s 1949-46 . : ; 3 income, before appropriation for re- . Goldblatt Bros., Inc., 1-60 share |FPenn RR co 22% 22% 22% — Ys|3s 1955-5 7 ; ‘16| P.).—Douglas Brill was driving tir g tf common on each share of com- Eiolis be Caf ah ae T1335 1950s 10433 10423 10433 home early one morning when he SN ve and after taxes, pon * outstanding payable Feb. 1|FPhila “Read I 10” oe = ts 2%s 1963-58 ....071033 1032 1033 [saw a trolley moving slowly down- vas. 30, 1038, ii : Jear Sa cord Jan. 17 vs. like Payment|pninps Pei ..['41% il 41% — 2 FOREIGN BONDS Low Last wn without any operator or pas-iosg for the corresponding period EW Bitts Sc & B .. Sh Eu Sh ~ %laustralis So 35 .....es 10f® 100% 100% | SCDEers: cwittly into the path|cPded Nov. 30, 1938, amounted to : Flvmoutn oi I] gate mit mie Lo 'w|Ausielie Se 87 lol ae 0st] Fle drove swiftly opine | $1,181,000. The same amount was 00D ERleTh it 33% 32 ¢ + % Canada 35 ¢ oll 99y 99 ag |Of the trolley, loved his machine |gpnropriated for this purpose durx OD PRICES Pullman ....00. 36% 36% 36% ll Denmark 5ius 55 situ 0% JaisO es Jey gradually gained ing the year ended Nov. 30, 1937. 5 > fackintoeh. bu.” $L4SBI TY. ahi a 1 ee Aired viata A Ene thls iow Boho iohigan ackintos " : 51h Loli ly "A ye! Sher Careots thir © pu. ham gs) "5 Ca. japan Tai &® 50¢ct. | §u $3% 5% his front bumper—he was driving ARGENTI NA REPORTS inach—Texas, bu. 90c@$l. Pott ea iB DOMESTIC ‘BONDS : backwards—he slammed on his ¢ ’ a Nahr, Clin tan fi T JiAmTr us es ....'.08% 108% 108% brakes, stopping the runaway. BOOM’ WHEAT CROP quae crates. 8 Gotk. Onton mArRaL. (30 2 Zy, [Beth il Wis oa 1l1ig06 100 itd, Thanks” said the motorman, acks)—Towa Yellows,67%@95c. Idaho 18% ..... |CanPac 5s SIAR wie "9874 38 '5eiA|Who Was changing poles when the] BUENOS AIRES, Jan. 9 w. 2 weet, Spanish, s5@1 Jo. Minnesoia el- 4% — 1i|ChiWInd cn 4s 52 ..., 90% 98% 00% |trolley ran away from him. —Argentina will have a “boom” io 15c@s1 BO. Colorade Sweet: Sans — % In 565 Lona tn 10 : Wheat crop this year of 8,600,000 si@l. : E # | Lou tk Ry Ss Ss 69...,.. 82 82 82 BROADCASTING tors, compared with 5,000,000 tons in Sma J Mh Moo REVERSING nn BY IN og cownie Ee Bras re |Sectfieap ll dsp di 4% — 75|PennRR avs 84 ..0) 040% 93% 99u ay. ip RODUGE Seab'd Alf L... % a ~...”% | Bep Stl De lt in BORNEO IS URGED| The newspaper based its forecast e » 4% 1bs., and over, |S€ADC OF .... Young S&T 4s 6i.....105 105 105 en on data compiled by its correspondhens under 4%: lbs. 1lc; Leghorn trent hens, Be: ® Barred and White Rock spring- . Ly ents throughout the wheat belt. aS auna LOCALISSURS - Curb Stocks Aborigines of Borneo soon may leara|.. The LOR 1 over, 11c; heavy breed hens,| The following quotations do not repre- about another of eivilization’s ‘20th ” per 0 e : He; spine chickens 2 lbs., and over, 13c; sent. actual ) ame s, , ut merely wet |Century inventions, if plans of the corn crop "saved by a Seine two- © No. 1 strictly fresh country run eggs, |based on buyin ng ar and selling quotations of High Low Last Char nge | British North Borneo Planters’ As- day rain. Dm RI Lon hr ayes cena sium tm 13” 43 8" 21% | cooltion ave fuliied full case under 54 Ibs. will be made. Stocks Bid Ask|Am Cyan BM aw Pe T E The association, - composed of ELECTRICAL OUTPUT up i LER No Bon lo mv cop co SMEAR QR 0B BEB © Bema groups of British rubber ry Belt EE & St stock Ye Top Nn en Bell ak gir ge 9% = % planes Jnhabiiing Borneo. 5 a Times Special H on ower. - 30%. 3% sare go) ™ pical ‘vastness, as CHICAGO, Jan. 9.—Electric outREIGN XCHANGE Hock Divas Tne co Sali pid: 1. 33 Sarre" cor 20 10% 43 Z''%|the colonial government to appro-|put of the Northern States Power llowing are noga cable rates on ma-|Ind & Mich 7 ne qSenL GOR . A318 134 2 + # priate funds to construct a broad-|Co. system for the week ended Dec. Cable oe nd Soule A fd. . : 6 Cities. Serv ak 3, an Sn = # casting station in the town of Beau-|31, 1938 totaled 25,707,345 kilowattng, grantrsfiites Hy IE EN Bo jg (SmsBTam 3, WB, 3 eine rst broadcasting station on compared with. he corresponding oe pls 5 pid. . 108 i “es 1 station on| compa correspon 49 Creole Pet ..... 23° 2: ; : a “dotise] = fox ho iE ot fri ; 103 a a fi 1 zt = Burgieo, one of the world’s largest/ week last year. vy (Qirgy S.. n u BTvics 5%9% pid.. 4 7 : a B g : - tum (belga) +1690 N Ind Pu vice 6% pf Td... 83% 85 5, |Gt A&P .. ... . ns 72 12% $1 : ye many (mark) "4009 —0001" N Ind Pub Service. 1% pid... 88% ol Hecla Min ..... 9% 9 9% — % : TWINS RARE IN TOWN ma) 2300 ‘0025 Progress Laundry Co. com... .. 11 13" |Jones & Lau Stl 37 37 37 sane : » C Lehigh C&N ... 38! 3 EE, 4 P. Ge nl me Dim eFERSEAR Tan 8 Eel Gy os © NEBRASKA STUDIES | MASEREE yas, un 8 © F) 33s —.00041 C Haut Title: Xe 92 33%|No Am L&P ‘a 6° woe HIGHWAYS LIGHTING twins have been added to the popumark Gero) 12087 —.0003 Van Camp Milk C0. ........... 60 21,|Bac GE 6 pf.... 324 32 , 32 6 — : lation here. The fath is ElisSn Camp Milk Co-eom....... 10 Jif Lenmmad, =: 1% I% %.~— x ; worth Oakley, uh “Chit . a ee 's x Bonds : vn ren ot: 3! 31 sit | COLUMBUS, Neb., Jan. 9 (U. P.).|Goose of the Wampanoag Tribe. Amer Loan 5s 46 . i # Citizens In jrevees 98 100 | Wright Harg . 8 8%. —Directors of the Loup River pub-|The sons have been named John} SEE FINAL EDITION d Tel 4%s 6. ..0) 02 100 : : ; Sad ir 5 43. 100 . S. ! ST ATEME lic power district, with an eye ‘to- Hiawatha ‘and Wesley Coombs. oF va Se & ¥ 3 ol OF THE TIMES Rapa TTF a ig Be D5 SH NT |yard the day when highways probIndpis Railway Inc 5% 87.55." 3 ASHINGTON, Jan. 0 (U. P.)—Govern-|ably will be illuminated for night FOR ||indpis ‘Water 3%% flit vn 101 Bi FT for tho Sirrent driving, recommend that rural pier” TeikTer Wis’ 376 ‘88’ 108% 1031] > Yo8F ago: power lines be constructed parallel x Last ¥ CLOSING STOCK SRR LT § stores Bx al Expenses. 8 A fa: Hh 83.877, 645.157.38 to arterial thoroughfares. J 1 1 | ! Muncie Water Wks 5% 65... 1 i oe an 1723 Rn 008 420:0¢| “Highway illumination” ell, RVR ’ QUOTATIONS | Sa dh 5 | % 0 is 3888 oard's resolution said, will som 2 Bible Te Co & i ¥ al, : ‘98 '383.063.33 | day becom ; Eichmand, aie or lk 8 Barr : 4 883.083 ny Become. 2 maties 2 of pac pf ’ i" ey A ? 1 5 Staal , A F he 2 5 2

i,

i

NEW RECC RD AS ASSETS MOUNT|

Advances Reflect Large Volume of Mortgage Transactions.

'Total-Home Loan bank advances to member financial institutions in Indiana and Michigan reached an

as compared to the $12,477,105 for 1937, the Federal Home Loan Bank ‘here reported today. The increase in advances reflected a large volume of home mortgage loans made by the bank's member institutions, according to Fred T. Greene, president. Meanwhile, the Marion County League of Building and Loan Associations reported today that 57 per cent of 7000 home mortgages recorded in the County last year

were made by member associations. 5

The association reported that mortgage loans were made by members totaling $7,865,569, which was 43 per cent of the total value of loans made in the County amounting to $18,288,418, .Handle’ 1098 Mortgages Banks and trust companies in the County handled 1098 mortgages, representing 15.5 per cent of the mortgage volume and 20.5 per cent of the total value while insurance companies handled 617 mortgages, or 8.7 per cent of the volume and 17.4 per cent of the total value, according to the association’s report. The percentage of mortgage ‘volume handled by all other institutions was 18.3, the report said, representing a value of 19 per cent of the total. ‘Federal Home Loan Bank officials said the home mortgage loans made by its member institutions totalled $35,244,000 for 1938. : The bank’s year-end statement showed total assets were $20,432,926, compared with $17,831,840 in 1937. EE ————————-..

HIT 6-MONTH HIGH

Grants tor Short Week 77 “Per Cent Over 1937.

Times Special - NEW YORK, Jan. 9.—Engineering construction awards for the short week due to the New Year holiday amounted to $86,995,000, and are the highest since the week ending June 24, 1937, according to Engineering News-Record. Awards are 46 per cent above the preceding week and 77 per cent above the corresponding week in 1938. Public construction is at the highest level since Jan. 7, 1936, and is 59 per cent above the preceding week and 146 per cent above a year ago. Private awards are 7 and 40 per cent lower, respectively, than the preceding week and a year ago. Public building construction for the week, amounting to $32,400,000, is the highest on record, and is par-

d | tially due to 12 large projects in

nine states totalling $11,400,000, the magazine says. All classified con-

buildings report gains over the pre. ceding week. Unclassified construction and industrial buildings are

.|the only groups. to record lower

volumes when compared with a year ago.

INSURANCE FIRM REPORTS ’38 GAIN

Times Special MINNEAPOLIS, Jan. 9—An in-

{crease to $427,027,602 total insur-

ance in force; substantial gains in premium income and total income for the year 1938, and a sharp increase in December sales of new business, feature the 54th annual report of Northwestern National Life Insurance Co., of Minneapolis. Admitted assets increased $5,243,518 from the previous year’s total, to $70,141,613 as of Dec. 31, the figures show.

TO OUTLINE AIMS OF REAL ESTATE MEN

Times Special CHICAGO, Jan. 9.—Proposed central objectives for real estate nationally for the year 1939 are to be sketched by E. L. Ostendorf, Cleveland, O., president-elect of the National Association of Real Estate Boards, when he makes his inaugural address to the association at Dallas, Tex., Jan. 27. Josephine W. Catharine, Brooklyn, N. Y., as president of the Association, will formally induct his successor into office at a banquet at the conference.

SPREAD 150 YEARS OLD

PAWHUSKS, Okla. Jan. 9 (U. P.)—Mrs. Blanche King displayed, here recently a “colonial counterpane,” 150 years old. The coverlet was made on a hand loom on a Virginia farm. It is hand-embroidered with ‘two-strand thread in elaborate

floral and animal designs.

ANNOUNCE DIVIDEND Times Special NEW YORK, ‘Jan. 9.—Directors of Amerada Corp. have declared the regular quarterly dividend of 50 cents per share on the capital stock, payable Jan, 31 to stockholders of Tecord, Jan. in a

TRUST SERVICE

Qualified to Act Tn ABFducinry

posite . William Powell in “Mayer1the Radio Theater ‘Program at 8

all-time high last month, with ad- tris, vances totaling $14,303,163 for 1938,|

ENGINEERING AWARDS ;

struction groups except industrial |i2

“TONIGHT 7:00—Al Pearce, WIRE. 7:30—Richard Crooks, WIRE, 8:00—Radio Theater, WFBM. 9:00—Guy Lombardo, WFBM. 9: 30—Eddie Cantor, WFBM.'

Remember Janet Gaynor in “A Star Is Born”? That served as a vehicle for her first radio appearance. Tonight she will play op-

ling” for her second broadcast, on

o'clock. The story itself is one of history’s fascinating mysteries which ends with suicide for Baroness Marie Vetsera and Archduke Rudolph, son of Emperor Franz Joseph of Aus-

Miss Gaynor, as Marie, and ‘Mr. Powell as Rudolph, will be. the first to perform a full-length radio dramatization of the foreign screen success of 1937. Cecil B. DeMille will direct the production.

» ” ” Admirers of Anthony Eden— “Eves” they were called by the

Washington press—no doubt = will be setting their alarms early tomorrow morning. ish Foreign Secretary will speak from London at 8 a. m. over NBC-

Red. Mr. Eden is expected to deal with relationships among democracies and the measures to insure maintenance of their forms of government. ; 8.2 8 2 The story of Edward Bok’s life as a Dutch immigrant boy; his method of self-education and his success as an editor, author and humanitarian, will be dramatized by Cavalcade of America, CBS-WFBM, 7 p. m. toay.

2 2 ” And speaking of self-education, Emily Post’s new course on “The

The former Brit-|

changed to 5:45 p. NBC-Red, so don’ nig Pek

tonight’s costars. comedy playlet, a her.

C8

in Pp”

“Prayer Perfect,”

on leave, =. his

8:30 tonight J. The program,

ensemble.

Right Thing To Do” has been { 2 2

THIS EVENING

(The Indianapolis Times is not responsible for inaccuracies in vrogram ae BS nouncements caused by station changes af ime.)

ter press ti

Miss Menken will be ast in:

Other performers are. Bert Gordon, “The Mad Russian,” Sid Fields as “Mr. Guffey. 4 Oscar Levant, pianist and cots poser, will be a guest at 7:30 tonight on Margaret Speaks’ program, NBC= WIRE, playing the ‘third ‘movenient’ of George Gershwin’s

A on CBS-WFBM, company shuffles

new venture for

Accompanied by the symphony orchestra, directed by Alfred Wallenstein, Miss Speaks will sing

Leonoir’s “Speak

to Me of Love” and “Les Filles a8 Cadiz,” by Delibes. : : ” : William Merrick, | foreign corres : spondent recently ‘returned from covering the Spanish civil wrote a story, “Forgot in the Rains.” Mr. Merrick’s story was written for the Columbia Workshep, and it be dramatized tonight at 9:30 over the Columbia network. The.scene is laid at Barcelona and tells of an air raid in which a soldier, home

a.

wite killed.

8; With the eval’ oy hoopskirts, comes a rejuvenation of American choral music from colonial .times at. (NBC-Blue) by the. Westminster Choir of Princeton, N,

will feature two

50-voice choirs, assisted by a str. Feri Roth will conduc with Carl Weinrich at the organ. # &

& 1 #10

INDIANAPOLIS INDIANAPOLIS CHICAGO | emen ue . WFBM 1230 WIRE 14 WGN (CBS Net.) (NBC-MBS) . (MBS Net) 4:00, Nan Wynn D. A. R. org Hann 4:15 Bohemians News Fo aan Family Jannah 4:30 Tea Tunes Interviews 3 Graces Jack Armitrony & 45 : Varieties Melody Time . : Paul Sullivan 5:00 WPA S ker Lone Ranger Sweetheart Songs Dea Winslow - 6:15 Howie Wing i? » Ter Johnson . . 5:30 Bohemians Dick Tracy Maritime Musio Nixon Denton wl 5:45 Sophie Tucker estions Orphan Annie Lowell Thomas 6:00 News 1 ” Capt. Midnight Amos ’n’ Andy . 6:15 Lum Abner Edwin C. Hil Concert Or. Davis’ Or. . Lh 6:30 Osborne's Or. No Talent Wanted Bob Elson Unannounced - = 6:45 Newspaper ot Air Inside Sports Inside Sports : ° 7:00 Cavalcade Al Pearce Studies Al Piers > 9:15 ” ” - » ”n ”» ”» ”» 1 o % 2 Pick & m Richard Crooks Lome Banger Richard, Crooks ; 3:00 Radio Theater: Hour of Charm Green Hornet Solisiape. or. 8:30 a lw Dughin’ or. Tomorrow's . Trib. Ken-Rag . 8:45 "OE ry a Concert or. 3:0 Lombardo’s Or. Gonfentsd “Hour J. Garber’s Or. Trup wT 3 Eddie Cantor : Intgrmation Pageant, than ro 10:00 News : Amos ’n’ Andy lo. ; ani Sullivan. 10:15 §. Kaye’s Or. Headline News T. Dorsey’s Or. gm ight b 10:30 Cab Calloway Al Donahue’s Or. K. Beecher’s ‘Or. . Donah: 10:45 ” » ” ”» ”» ” ” ” 2 11:00 G. Hall's Or. Savett’s Or. K. Kayser's Or. “Moga River. 11:15 Strikes & Spares wo na» Yok 11:30 Barrie's Or. Hine’s Or. ‘J. Garber’s Or. Feview i 11:45 ne : ” nannounced . TUESDAY PROGRAMS - * oh INDIANAPOLIS INDIANAPOLIS INDIANAPOLIS CINCINNATI WFBM 1230 WIRE 1400 WIBC 1050 WLW 700 (CBS Net.) (NBC-MBC) < NBC MBO) — 6:30 Early Birds Roundup Tabernacle 6s = = Devotions rT alley - 3:00 Bo Musical Clock Breakfast Jam © Foter Erami 2:30 ” ”» » ”» . 2 : 7:45 n.» ... Lm. ta "Chaek opnced, + "8:00 Romany Trall News Cotfes Cups Paul Allison 8:15 Nor Slim Byrd Band Wagon & Be. 8:30 Unannounced Baby Bulletin Top Note ers 8:45 Apron Strings Breakfast Club Devotional , nda’s. Lave 9:00 Kitty Kell Central City Ka “Bartlett Living Guide. 9:15 Bohemians. Other Wife % » Planeer Pathways 9:30 Farrell's Kitchen Plain . Bill Matinee Smilin’ Ed 9:45 Women in White noon The $1: 10:00 Marv Taylor David Harum News : Credit Talk: - 2 10:15 Scattergood Lorenzo Jones Matinee 1H & Sade’ 10:30 Big Sister idow Brown State Police nr 10:45 Life Stories Editor’s Daughter Shilkret’s or. Road of Lite ) 11:00 Current Events Singin’ Sam Noon Rhythms - Editor's Daughter 11:15 Nancy James Linda’s Love no. The O’Neills-, _ : 11:30 Arm Circle Farm Hour "Le ews AE 11:45 Market Boy Greets Girl Farm ‘Homr 12:00 Farm Bureau : »..» Back Hom $RaM ene AE BE Mone S00 Rerte Bonin fle s e mo er r ainbow Rang 12:45 _ Ho day. Organ Frank Dudgeon Happy Gumane do "1:00 Party Line Betty & Bob Dick Leibert Betty 4 Bitunter 3 1:15 Barmaonetes rimm’s Daughter Cugat Plays Gri mms. aushtes 1: 9% School of Valiant Lady = Shut-In Fgiends Valian 1:45 urch Hymns Hall’s Or. = * * Chu. Ts . Hvmas “2: 00 "Dentist Says Sweetheart Songs Piano Moods Mary Marlin - 2:15 School Musie Progress Parade = Rhythmakers pe Perkins. . . = Bids Symphony Between, Bookends Concert Hour ou per plank fit 3:00 "an Backstage Wife Swing Corlcert "Mad Hatterfields 3:15 ” » Stella Dallas Lillie King « Midstream _- 3:30 Health Highways - Vie & Sade, Old Refrains Bean 3:45 Men and Books Girl Alone Aloha Lang’ Kitty Keene 4:00 Before the Senate I. U. Program Jamb ‘Hannah 1: Bohentians News Flas es Baga Terry Atm siyon®: 3 ‘unes asonolo, erena $3 2. Yor . Sign of Poni Sullivan

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, :

CROSSWO

RD PUZZLE

Answer to Previous Puzzle

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