Indianapolis Times, Indianapolis, Marion County, 31 January 1939 — Page 15

The Stock Market absorbed heavy

vance of 7-32 to 18-32 point in U.

GAINSIN STOCKS RANGE TO MORE THAN 2 POINTS

List Absorbs Heavy ProfitTaking; Steel Issues : Are Best.

NEW YORK, Jan. 31 (U. P).—

profit-taking today and around noon registered gains ranging to more - than 2 points. The list opened strong and active on favorable interpretation of the Hitler speech. Initial gains ranging to more than 3 points attracted realizing and prices wavered for a time. They came back. Steel issues were best performers with U. 8. Steel at 59% up 2% and Bethlehem 68% up 1%. Utilities and rails showed small gains. Chrysler gained more than a point. Coppers were fractions te a point higher. Building issues, tobaccos, chemicals and can stocks were strong. Gains of 2 points or more were made by Allied Chemical, American Tobacco B, Case, du Pont, Eastman, _ International silver, Lone Star + Cement, U. S. Gypsum and Welling: . house Electric.

Bonds Hold Strength

Bonds generally maintained early strength in fairly active dealings. Feature of .the list was an ad-

S. Government obligations which lifted several issues to new 1938-39 - highs. ‘Domestic corporation bonds most“ly held around early levels which

were fractions to more than 2 points|,

net higher. Mobile & Ohio 4s

8 8 =

individuals.

15, and Dec. 15.

2 8 =

Forms for Making Returns

Form for filing returns of income for 1938 have been sent to persons who filed returns last year. Failure to receive a form, however, does not relieve a taxpayer of his obligation to file his return and pay the tax on time—on or before March 15 if the return is made on the calendar-year basis, as is the case with most

Your F Er Income Tax

Failure to Receive Form Does Not Relieve Taxpayer of Obligations to Government.

Forms may be obtained upon request, written or personal, from the offices of collectors of internal revenue and deputy collectors. A person whose net income for 1938 was derived chiefly from salary or wages and was not in excess of $5000 should make his return on Form 1040A. A person whose het income: was in excess of $5000, or, regardless of amount, was derived from a business, profession, rents, or sale of property, is required to use Form 1040. use the proper forms presents difficulties to both the taxpayer and the Bureau of Internal Revenue. Therefore, it is emphasized that a taxpayer who is liable for a return and is engaged in a business or profession from which he derived a net income of less than $5000 is required to use Form 1040. The return must be filed with the collector of internal revenue for the district in which the taxpayer has his legal residence or principal place ot business on or before midnight of March 15, 1939. The tax may be paid in full at the time of filing the return or in four equal installments, due on or before March 15, June 35, Sept.

Failure to

Abbott Lab .... 9%

weer 3% AllerCp pf $30w 113 Allegh Lud Stl. 23% Alliek Stores .. 10

Am Am B Am Am Am Enc Am Am Inter

; e High Low Last Change — 13 | Yesterday

BERR

oo 3. 4 ~3. SON

NEW YORK STOCKS

United Press

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS

Week Ago ... Month ARO c.coccocscoccssee Year Ago .. High, 1938-39, 158. 41; low, High, 1937,

20 RAILROADS Yesterday oe Week ARO ..cccocosccscsosss Month ARO ..ccccvecseeccscs Year AO ....ce0cnoes oe High, 1938-39; 84.33; low,

®nesessceccss os

teovse

64.46; low,

141.56 141.35 153.64

98.95.

194.40; low, 113.64.

29.37 29.25 33.78 28.36 19.00. 28.91.

+ 2.97 +0.03 —1.12 +2.10

+ 0.88 +0.12 =—().20 +0.40

CORN ALSO OFF

Dip in Outside Markets, Rain Prospects Are Deterring Factors.

CHICAGO, Jan, 31 (U. P)— Lower outside markets and prospects of moisture in the Southwest winter wheat belt combined to depress wheat prices on the Chicago Board of Trade today. : . At the end of the first hour wheat was off % to % cent, corn was off 3% to 1 cent, and oats were % cent! lower. Fair commission house support developed on the initial decline in wheat. May wheat got fair support at 69 cents, but there was little to stimulate the buying side. Liverpool wheat closed 3 cent to 1% cents lower. Selling abroad was based on easier European political conditions and very slow milling inquiry in the United Kingdom. : Foreign demand for North American wheat was extremely quiet. Winnipeg wheat sagged % to % cents under steady pressure in the first hour. The weather forecast was for rain and snow in the grain belt, with Kansas and Oklahoma expected to get some benefit. Corn prices worked lower, reflecting selling in wheat and a lower Buenos Aires market. Local grain receipts included an estimated 43 cars of corn and 14 cars of wheat.

CHICAGO GRAIN

cago Board of Trade, as reported

by Thomson & McKinnon, were: ised July Sept.

WHEAT LOWER; | AT CHICAGO Me

Opening prices today on the Chi- Cc

LOCAL PRODUCE

Heavy breed 4%

13c; hens under

rie; 14c; spring chickens, 3 over, old roos No. 1 Strictly fresh country run eggs, 12¢c; each full case must 15" cent 54 lbs.

HOG Co SET HIGH OF $8.50

160 to 300-Pounders Advance 10 Cents for Third ‘New Peak for Year.

Hog prices today advanced to a new high for the year of $8.50 on 160 to 170-pounders, the third new high within a week, according to the Bureau of Agricultural Economics. Hogs ranging from 160 to 300 pounds rose 10 cents, while all other weights held steady. Vealers were steady with a top price of $12. ‘Lamb prices declined around 25 cents. Bulk comprised fed Western lambs scaling up to 105 pounds. These sold at a top of $9.25,

s 28

26.... 8 27... 8.25

Barrows and Gilts "Packing Sows od and M5 "300 $ 17.00- 7.25 340- 425 6.75- 7.10 50 6.50- 6.85

- 6.90

Rects.|J Roots. ari] ih ..8 : £38 0 3 Nees ? 1407 Saas 3l.... 8 50 5449

Jan. 84...

290- 350. 7.25- 7.75 . Medium .. 17.00- 7.75 CATTLE (Receipts, 1720) Nols * Steers Al wel - 750- 900. 900-1100. $0 0 1: 5 1100-1300. 11.75-12.75

Vealer 750- 900. All Weights—

URGES CLOSER

TIE-IN OF RELIEF | GROUPS IN U. 8.

Bring Unavoidable Aid Into Balanced Budget, Trust Firm Asks.

NEW YORK, Jan. 31 (U. P)—|w The administration of relief must be divorced from other objectives and that part of the load “which is unavoidable and permanent must be brought within a balanced Federal budget” the Guaranty Trust Co. declared foday in its monthly pub-|. lication, the Guaranty Survey.

A sound solution to the problem presented by the spectacle of 21,300,000—or nearly one-sixth—of our people on relief would be aided by “closer co-ordination between the relief and re-employment agencies of the various Governmental units,” the bank added. The bank urged as one step in easing the relief burden that the task of distributing relief be further parceled out to state and local governments, and added that| “either by these or other means, 000 | the nation must be relieved of the superfluous part of the load and be placed in a position to carry the remainder as long as may be necessary without incurring the risk of permanent darnage to the quality of the population and the soundness of its economic system. “No civilized country today will voluntarily allow any of its citizens to remain in want as a result of conditions beyond their control. But the very necessity of relief makes it essential that its administration be placed on a. permanently practical basis,” the bank said.

1: 30—Al — iL 7:30—Informatjon Please, NBC. 8:30—Fibber McGee, WIRE. 8:30—Benny Goodman, WFBM.

Networks and local stations will jon. in ‘tomorrow’s observance of the American Social Hygiene Associ Satins 25th anniversary meeting in Washington. MBS stations will carry a 15-min-ute broadcast from the Mayflower Eotel, beginning at 12:30 p..m.,, and. tlie NBC-Blue broadcast is scheduled to start at 12:45 p. m. Speakers ill include Mrs. Roosevelt, and a b ‘oadcast feature will be the awarding of the William F. Snow social hygiene medal to Dr. Thomas W. Baran, United States surgeon génera, on tomorrow's local Broadcast Pp. m, WFBM), Dr. A. PF. Weyerbacher, of the Indiana University medical school faculty, will speak on- the History of the antisyphilis movement, 2 = 8

Ferdinand Schaefer, the Indianap-/ 0.is . Symphony: Orchestra’s founder, will be ‘guest conductor on tomorrow’s CBS-WFBM broadcast at 2 p. m. Included in the program are Mr. Schaefer's Introduction and Scherzo for String Orchestra, and h's transcription of the Foster song, “Jenny Comes Over the Green.” Also scheduled are the Mozart Symphony in E Flat (K 543); the “Carmen” Suite No. 1, by Bizet, and Z ehrer’s “Viennese Girls” Waltz. t 8 =n Two subjects close to. the Hoosier hiart—basketball and the city manager plan—are up for discussion on tcnight’s schedules. At 8 p. m. (CBS-WFBM) Dr. James Naismith, inventor of Indiana’s favorite winter sport, will be ir terviewed by Gabriel Heatter. A half-hour later, two Chicagoans will debate the city manager plan’s practicability in their city, The broadcast, on. WENR, is the first in a new Tuesday night series called “Chicago

ON THE

RADIO

Gane Autry, favorite hero Hollywood’s mustang melodramas, will be Al Jolson’s guest tonight on CBS-WFBM, 7:30 p. m. And th “Information Please” guest experts, at the same hour on NBC-WENR, will be Elizabeth Hawes, the style authority, and Gilbert Seldes, au

thor, playwright, columnist and critic. Incidentally, Miss Hawes’ recent book, “Fashion Is Spinach,” will ‘be followed in May by a sequel called “Are You Comfortable in That?” The new volume will tee off on men's attire, » 2 ” Edgar Bergen and Charlie Mee Carthy received another blow this

week. It was bad enough when

they discovered, through the “Men

From Mars” broadcast, that Orson Welles was stealing a lot of their public. of Radio Daily’s second annual poll of radio editors and critics to show that Jack Benny's Sunday night show had stepped ahead of the

Bergen-McCarthy hour to take first

place in the program division. Mr. Benny also beat out. the voice-throwing team in the division cryptically headed “personalities.” However, Edgar and Charlie fine ished second in both 9ivisions, Bing Crosby and Fred Al finished third and fourth’ in h the program and personality. lists. An encouraging surprise was the showing of “Information Please” in its first year. It wound up in fifth place among the programs, stepping ahead of such standbys ‘as the Radio Theater, Rudy Vallee's hour and “Good News.” In .the serious music field, the NBC Symphony. finished in front

But now comes the results

of the New York Philharmonice

Symphony. Swing or no swing, Guy Lombardo retained the top spot among the dance bands; Ted Husing beat out’ his sportcasting colleagues, and H. V. Kaltenbotn coasted in ahead of the news cofi=

Town Meetings.”

mentators.

Srne

- High, 1937, 11.50-12.75 . 9.00-10.75 0.00-11.00 9.25-11.25

8.00- 9.00

15 UTILITIES } Wt @.69' $.69 @.69% $.697:@.70

Corn— 23.28 40.29 22.89 . 40.19 out @511 5 52% 22.85 =—=0.17 281% 275% 26%

00-1100. 00-1300. -1500.

3. um—

Chutes .$11.50-12.00 Medium. 10.50-11.50 Cull and common _ 6.00- 9.00

THIS EVENING Ses

were an exception in the rail group, replacing an early 3; point: gain a with a 3; point loss. Postal 5s fol-

Yesterday 3 a

Week ARO ccieevosseboccsses

80s 0c0u0s00p000000

DAILY PRICE INDEX

-. LN

’

i |

i I»

]

b :

S ° departments and much of it rep-

. their initial highs on scattered profit|4

. TRADING SOARS ON LONDON EXCHANGE

fs C . P.) —Trad-

lowed a similar pattern in the4

utility section. Foreign funds swung sharply ‘higher in all sections.

urb Stocks Firm

Woolen of..

Am on ome oe Armour Ill .... Artloom Atchison

Curb stocks backed away from|al 5

taking but firmed just below the peaks. Barty gains ranged to more than a point in the active list. Lockheed Aircraft and Bellanca Aircraft were up a point each, the former on a scale down from the opening high. Other aviations were steady on opening gains Tanging to almost a point. American Gas & Electric lost Nn of an early 1 point gain and Electric Bond & Share eased slightly among utility issues. Bighitle Bond & Share $6 preferred steadied on an initial gain of 13% points. ~ Lake Shore Mining was up 1%, unchanged from the opening, and other mining shares were fractionally higher. !

LONDON, Jan. 31 ( ing on the London Stock Exchange today was the heaviest since the post-Munich market late Sep-

tember, reflecting relief over the S

Hitler speech.

1% —B— Bald Loco ct .. 143: 141, Balt & O ..... 6% Bendix Avn .... 2

Aviation Corp’ .

Borg-Warner | Bdgept Mfg Briggs Mig ER Bucyrus Erie .. 11 Budd Mfg ..... 17 Budd Wheel ve 4% Butler Bros .... 1% 3yron Jackson‘. 15%

Cal Packing ~.. Calumet H . Canada Dry ... Can Pacific .... Carriers & G . . Caterpillar TIT. Sh Oelanes:

Cerro ~ Pasco. a, Certain- teed x 1

Certain-td 6 Ch MStP & P.. Chi Pneu T ... 16% Chi RI&P . ChRI&P 6p I 1a vale * . 50% 12 ComwlIth Edison 273% Cons’ Aircraft .. 22% Cons Edison ...

Prices soared early in the day,|Cot

ran into profit taking and turned down, and rallied again to close strong but under the best levels of the day. : Early in the session the “Yankee” section of the market gave a boisterous demonstration of strength. Some of the issues were

2 points or more above the New| pg

York parties. Buying spread to all

resented bear covering.

Curb Stocks

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

Deere & Co .... DLac& W .. . Dist Seag Doehler b Cast. Douglas Air .. ont

19% 6% 13% 17% i s . 70% 70% 146% 146%

—E— 301;

6% ° 18%

E] Pw&L $6 ot. 34 El Pw&L $7 pf. 8% Eng Pub 8S Eonern Airlines 1450 Evans Prod .... 10% Ex-cell-0 ...... 22

High Low «117

{ Net Last Change Alum Co Am 2% Am Airlines ... 2 Vg 3

20% 24°"

ir Bellanca Air Bunker Hill&S.

2% On 8 « Wright Harg .. 84a

OTHPR LIVESTOCK

, Jak 31 (U. P,).—Hog mar-60-190 1bs., [email protected];

a FH a ea

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

2 | Hecker Pred ve

Alm Central

RR T. Flintkote . 21% —G . 54Y2

27%

Greyhound Cp. 11 14 Ya 1%

ee Tn

17% 27

10% 4 TV

Houd-Her . Houston on ves Hupp Motor .. 17% Ind Rayo 27 TRSpiTi “cop: 15 Interchem 25 12% 563, 3%

Kan C Sou pf. 173% Kennecott 31% Kinney «3 8 Kresge SS 21Y, Kroger G & B. 23%

Leh Val RR.. 4; Lehman

gre 25% 3d

Pore . Bi cee 15% of PLA ve. 14% nt “130 veo 49% cir 15%0 © 16

1% -

CARRY-OVER OF

1930-31 is 1 6.1 MIL

1935-36 iis 50

u.s.

wala EREEEREEE EER S134

COTTON

FOREIGN

: 1 w= §ERRREEEER

DERE HE HERRERA HE EERE ERE HE

+ 3} th Hh al 3 Ki oH nba oh re ei + -+ a oe + + a “+ be ot + + + + + + + A ot +} + AE - +} + 3 + +; 4 ce + oe 4 + + + i oe pou ot + ole + - + + +f 3 + + + 3 AR ii na a8 Ps + + + + + + + + + + 4 4 + ”’* HE + Line + +

eae

TERETE)

|Pac Am Fish...

s | Reyn

£ % Swift

Twin Coach ,.. 10% 2

% [Union B&P ...

el ©

1 1 8

Tr . A Young Sheet ..

4 Zenith Rad ... 18% Zon. 3%

Year Ago ..... High, 1938,39, High, 1937,

sesee

25.19: low, 31.54; low,

19.53 15.14. 19.65.

+0.32 | Bye—

High ' Low

Mullins Pf seeee Ye

Murray ...

Nash-Kelv «coe. 3h

Dairy vo Nat Doliers’ os Nat Gypsum ... Nat Lead ...... 2 Nat Pwr&Lt ... Nat Sup Pen .. Neisner Newport Ind .

2|N Y Central ..

NYC & St L.... 19% NYC & St L pf. 313 N Y & Har ....113 No Pacific .... 12%

—C

Ohio Oil 9s 8% Otis Steel 127% 12% —P bla 5% Pac G&El 92 20% Packard Yq Paramt Pict ... Parke Davis ... Penney Pan Tn Airways 14% Penn RR 1 Phelps Dodg . Phil Morris .... <9

4 | Phillips Pet ...

Pitts Coal

Po Stl Car = Public Serv .

Radio Rayonier

8 | Rem-Rand

& (Sarat. .. 65

Kd stl Revere Cop ... Reyn Met .... Tob Reyn

yn Tob B... 4 Richfield Oil ...

Ren

Safeway St Jos Lead...

Std £

Sunshine Min .. Superior Oil ... & Co ... 3ym-Gould xw.

s | Texas Corp

Tex Quit JFrod: Tex G

313 ei >

24%, 13 3 14% 8% qT

22%, 10%s

&w ih 8% 20th Cent’ Fox. 22% meme

«10 « i Car - 31.

Un Aircraft’ Cp Sou Un ar Lin es . 10% Un ‘v.. 55%

cave PD evesse 34Y4 —_V—

Vanadium .... 26%

p Jest Union .... Jest Air pri. . esting El .... heel Steel .... oodward Iron. oolworth

AA AAAAAAAAL Ss <

Yellow T. 18 11% 47 46%

18Y4, "38%

Athey Tr Whi ....

No'west Banc seaiea Press Stl C p oe

Co Walgreen Co ...... Wisc. BK ShrS eevcosse Woodall Ind ....eeoeee Zenith Radio ..

® 8

Net Last Change

18% 3

Chicago Stocks

High

Low 3a

281

Ded agr Lo

bg a Rane a

1 IDA TIDY

WASTE PAPER

AMERICAN PAPER STOCK N

+1 +

par

- — . ae

FREE

——

by si Ee

2 >

a ed

SETREER SNES 8

ps Br SEES

pes

a a. ~

Fane

HF HE HE FTE EH HE HH EEE HERR HR

cane. os HEE

he =

a = a RNR

ne 3 a

+H oH FERRE foe aR 3

Last

TON LARIAT Tia

2a March, old .

«| May, new ... uly

.46b @.46%a aAsked; bBid.

47 48l5a

WAGON WHEAT

, Sity grain elevators are paying for No. red, 64c; other grades on their merits. Cah corn, new No. 2 yellow, 46c. Oats, 25c.

Prev. Close -$ 58% $ Bo $ 65% $ 67% 821s 61% .61 63% May, old. .... 8570 67% 11s 62% 63% 6412 637% 647%

HIVERPOOL WHEAT ' High Low Close

March new.

83%

N. Y. Bonds

BOND PRICE INDEXES

20 20 60 Rails Utils. Bonds

3% (Copyright, 1939. Standard. Statistics Co.)

uU. 8. GOVERNMENT BONDS Treasury Bonds Hi 2

sesess.107.6 ese0s..110.2 .1

Low Jo19

1963-58 S10 Federal Farm Bonds 1949-44 107.14 107.14. . Home Owners Loan Bonds

1949-39 .........102.11 102.11 1952-44 ......... 107.10 107. 10

DOMESTIC BONDS

Hich Am rf 3hies 5s x cvsens 16

107.14

102.11 107.10 Last 76 107% 12 102 105% 52 66% 00 55% 55 98%, 81

% © 91Y, 9%

Rep Stl 4125 61 -. Wabash 5s D 80..

Last 86% es 14% : do. seaeee108

Bon 8a : th

U. S. STATEMENT

WASHINGTON, Jan. 31 (U. P.).—GovSrnment a apenses and Joceints for the ear - pared with a ho gh Jan 2, com

'186,437,994.08

INDIANAPOLIS CLEARING MOUSE Clearings ...... casive Slearl gs ..$ 2,490,000 Clearings for month +

Debits for mont ssa seee 212, 336, 000

FOREIGN EXCHANGE

NEW YORK, Jan. 31 (U. P.).— are noon cable rates on Pr ollowing

cies: Cable R t England pound) 89 1 13:1 gles Change Eng. (60-d. bill 4.67 116 —0 3-16 Canada rane)’ seve 41; France (franc) ,..... Italy (lira . Belgium elga) . Seinen i air. ar Switzerland | (guilder) Sweden (k

Norway {srona) FE Denmark (krone) ith

New Business Books Available at Library

The following new business books now are available at the Business branch of the Indianapolis Public Library. Bh HOES 8 GR ognEes AND SOME

Millis will

PUBLIC HOUSING MA s A COURSE OF ERGRRACEIENT, ew York University and New Housing 2thority, “Public housin e commercis! bui dings. © Speration o PROFITABLE SPECIALTY OPERATION, nso soree En o How 3% On rE the BL retail i hen, Yi a last through their first season? al

Cai UNITE D w field of DOW BACKGROUND! The BLL is the OR SRoy os

% ure in every winds Ww, - na) ays play a SUDPOFLIAR. pa a he

WOODSTOCK

~ SD

2% (70s. sto: 1

)-1100. 00 Calves (Receipts, 425) Choice— . 250-400 .$ 8.00- 9.00 Good .., 17.00- 9.00 Medium. 5.00- 7.00 Common 5.00- 6.00 Feeder and

Stocker Cattle Steers

Good— 500-900 . .$ 7.75- 9.00 900-1300.. 7.50- 8.75

Medium — 7.00- 7.75

holce hE 900.8 9.75-11.00 750- 800. 8.50- 9.75 Medium— 550- 900. 7.50- 8.50 Common— 550- 900 6.50~ 7.50 Cows Good .... Medium. . Common .

Low cutter & cutter.

500-1050. .

eifer: 425 5.23 Good ant hte

550- 760 .$ +, 00- 8.00 Common and . medium.. 5.00- 7.00 SHEEP AND LAMBS (Receipts, 1555) lambs

% 9.00- 9.25] medium. $ 7.50- 8.75 on.. 6.00- 7.25

Good a oRoICE

Mii

Good and chuice ......es..

: ..$ 3.50- 4.50 Common and medium

2.00- 3.50

CHICAGO LIVESTOCK

ogs—Receipts, 10,000; market, uneven, steady to 15¢ ooo, mostly 10c off; top, $8.1 £9 00d {ho Dice 1% 300 Ibs. $8@ 8. 5: ’ 230-270 hs sat 3.5% 280-340-1b. butchers, 9 %50-550.10.

packing SOWS, %6 5 Cattle—Receipts 0Q To. calves, 500; few Tay strictly choice and prime steers steady on shipper and order buyer account; all others weak to 25¢ lower and Sow at decline: steers predominating in run; freshe receipts increased by Monday’s cattle pot shown because of storm; early p $13.65 paid for about 1300-1b. Jlesrs: head, $14; several loads, J12@1: bid in as of value

ng measurably lo lower on 0 medium grades relatively Soros at $9.25 downward, and feeder dealers £5 lending Suport at $9 down to $7.75: heifers steady: st, $11.40; cows, weak to shade lower; bulls. weak a $6.85 down; vealers, strong 0 .

at_$1 pts, 9000; late Monday fat 1 stly ady, top, $9.35; bulk; [email protected], including weights around 97102 1bs.; choice Jearlings scarce; ewes, .85. Today's rade slow; undertone weak fo 25c lower; bids and sales lambs, 3 a9 1 .10; best held 19. 35 and above; sheep,

OTHER LIVESTOCK

CINCINNATI, Jan. 31 (U. P.).—Hogs— Receipts, 2100; market fairly active, unevenl sieady to 10c is er; top, $8.40; 100-140 lbs. [email protected]; most Bs “pa ackingk sows, $6@6 6.50. Cattle—Receipts, 400; calves, 300; fresh salable supply very light, demand good, generally steady to strong; scattering medium too good steers and Yeariin s [email protected]; package medium heifers. E 7 lain to §00 eef cows osdy .75; jprac ical top bulls, $7.2

FT. WAY Jan. 31 (U. re Steady; (30-160 1bs., $8.40; 160: 180 bs., $8.30; - 180- lbs., $8.20; 1 $8.10; J20-240 1bs., $7.00; 140 140-260 hy o i} 325 1 7.30; 325-350 1bs., $7.15; 1202390 | 5 -120 1bs., $7.55.

yl bs., 1.60; 1bs., $7. 45; Roug ,50; stags, $5.25; calves, $12; lambs. 25 > gs. 8

mmon and

NEW YORK, Jan. 31 (U. P)— Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for United Press (1930-32 equals 100): Yesterday csvescistinaisiacalUzEs Week ago casesscessessssssssslld. 69 Month ago Gecsnssassscsenssss 10D N18 Year 880 ssessessccessecssesell459

LOCAL ISSUES

The following Juotasions. by the Indianapolis Bond & Share Corp. do not repre-

indicate the approximate market level

based on buying and selling quotations of recent transactions. Bid Ask

9 53% ‘83% 54

Auto Invest. Cor Belt. E R & Stock Beit 4 R R & Stock pre. t 1nd Poe: 7% pid . T&T Ft Wayne >7% ‘pid. Hook Drugs Fy com Ind & Mach Le. Pa Ind G 06 . 38% senses “100% Indpls Water Co 5% Dp. was Kincoin Nat Life Tns Co com. 24% Pub Serv 5%% pfd.... 75% N nd Pub Service 6% pfd.... 82% N Ind Pub Service 7% pfd.... 3 Propess Laundry Co com Pub Service Co of Ind 7% pid 4 6% Pub Service Co of Jnd 6Ys pid 26% *So Ind G&E 4 95 T Haute Van Camp Milk Co Van, camp, Mie. G Co. som.

Amer Loan 58 46 ......ee000s Citizens Ind ‘Tel 4,5 81. . .102 Sable eynolds-Taylor 58 42 92 55 103 ..104 ..105% 5% -60 Teves OT Indpls Railway Inc 5% 67 .... 52 Indpls Water 3%% 66 .105 Inter Tel & Tel 5% 63 8 - 100 Kokomo Water Wks 5% 58 ..102%. Krusner Packing Co 4%s 8 50 . «98 Morris 5&10 Stores 59, 50 991, Muncie Water Wks 5% 6 -102%2 ... Noblesville HL&P 6%2% 47 ae" 97 Richmond Water Wks 5% 57 ..103% Seymour Water Wks 5% ” +.100 I' Haute Water Wks 5% ..100% T Haute Water Wks 6% 49 ...101 Tract Term Corp 5% 6 *Dividend. Market St Ir Investment Corp..

FOOD PRICES les—

CHICAGO, Jan. 31 wv. Phe 25 Michigan, Mackintosh, [email protected]. Sweet Potat: uses ‘bu. hampers, 80@95¢c. Carrots — Ta: bu.. 35@60c. Caulifiower

vosess 10

. 22.82 24.52

Spinach—Texas, bu., 75¢. —California Raton. $1. an a 50. Peas—California hampers, $3@3.

1930 1931 1932 1933

LUMBER ACTIVITY CLIMBS SHARPLY

WASHINGTON, Jan. 31 (U, P.).

ed Jan. 21 rose sharply above the corresponding 1938 week, the National Lumber Manufacturers Association reported today. New orders were 12 per cent, production 33 per cent and shipments 20 per cent above the 1938 week.

| Production and shipments were 3

and 4 per cent greater, respectively, and pew orders 3 per cent less than in the preceding 1939 week, however. During the week ended Jan. 21, 532 mills produced 183,602,000 feet of hard and softwoods combined, compared with 178,460,000 feet by 537 mills in the preceding wee®, Shipments were 208,136,000 feet compared with 1936, 221,000 feet, and new orders 209, 925,000 feet compared with 216,792,000 feet in the preceding week.

HOME LOANS to BUILD—BUY REFINANCE

REMODEL REPAIR

Consult our officers ‘about your home financing needs.

Fidelity Tost Qompany

YYPEWRITERS

1934

Indiana University Bureau of Business Research

—Lumber activity in the week end-

State Electrical Output

1923-—1936=:0

1935 1936 1937 1938

Report of the condition of the

SOUTH PARK SAVING AND LOAN ASSOCIATION

of Indianapolis, Marion County, Indiana, at the close of business on December 31, 1938.

RESOURCES

First mortgage loans ..$54,700.00 Real estate sold on contract GhNensecsssnsses 2,700.00 Real estate owned (exclusive of office bldg.) 16,048.68 Insurance and taxes ad- ; vanced cssesssscesass 143.26 Cash on hand and in banks [EERE NER EER ERNE J 200.26 Furniture and fixtures.. 150.00 Deferred charges cco... 196.556

Total cesveesenses $74,228.75 LIABILITIES

Repurchasable or free shares: Installment shares. $34,884.47 ' Mortgage pledged shares 8.641. 03 Borrowed MONEY ¢..... 2,000.00 Contingent fund ...... 7,500.00 Undivided profits sess... 6,203.25

Total eessssnanees $74,228.75

State of Indiana, County of Marion, ss: We, the undersigned officers and directors of the South Park Saving and Loan Association, of Indianapolis, Indiana, do solemn= ly swear that thie above statement is true. JOHN W. EMHARDT, President CHRISTIAN J. EMHARDT; Sec. WILLIAM J. DUDLEY, Director GEORGE F. DUDLEY, Director HENRY MUELLER, Director

1938-39 High (Jan. 10, 1938) ..117.06|. 1938- 39 Low (June 2) cosseses 102.43]

sent actual bids or offerings, but merely] - ;

INDIANAPOLIS WFBM 1230 {CBS Net.)

ues, ore Senate 1. U. Program ea Tun izhs Opera

> -’ Jasper’ s Or.

WIRE 1 (NBC

400 -MRC)

(The Indianapolis Times is ‘not responsible for inaccuracies in program a Houncements caused by station chances after press time.) .

INDIANAPOLIS

u CINCINNATI - ‘ WLW 700 ; (NBO-MBS) .. Hannah ! Terry ‘ : Jack Armstrong” Paul Sullivan

CHICAGO. WGN . " (MBS Net.)

‘Decker & Organ Johnson Family

Musical Louise Wilcher

Christ. Science. Monaco’s Or. Howie Wing Govt. Reports Jordan Cons, + Dick ‘Lracy ho Sd Piano Parade

Monaco’s Or. Don Winslow erry’. : Concert Or.

Orphan Annie Lowell Thomas '

Easy Aces Varieties

News Tony & Bill Walter Shead

Second Husband Big Town : Al Jolson : Men's Program We; The People Goodman's: Oe. Fibber McGee Dr. Christian

Jimmie Fidler Our ork

. Bob Hope

Uncle Ezra Carl Baker

Newspaper ot Ale Johnny Presents

Crumit-Sanderson

fuat,s Anty Don't Believd I$ Inside Sports Johpnie iis Meg's. Program - Crumit-Sanderson “Fibber .McGee

Capt. - Midnieht Capt. Hern Concert or. Inside Sports

Old Heidelberg ob Elson Lightning Jim .

Don’t Believe It Clifton Utley Tomorrow's Trib, Jurgen’s Or.

True Detective Don Pedro’s Or. Northerners

Variety Show

* Uncle Ezrs | . Jimmy Kemper ..

ig & Andy ews Kenney's. or.

News C. aui’h or. Casa Loma Or.

Paul Sullivan. _Sissle’s Or.

Concer; Or. Unannounced

urgen's or. Carlsen’s or.

Pd sd . EE S222 | cnealmrenl dual scas| aos cans

S852 53535352 | 8858 | 5858 5en2 858 | 5253

8S. Kaye's Or. ’ Strikes & Spares Barri e’s Or.

Shaw’s Or. Martin's Or,

Moon River » OT»

Review Travers’ Or."

Noryo’s or. Don Pedro’s or.

INDIANAPOLIS WFBM 1230 (CBS Net)

Early Birds Devotions

Markets

WEDNESDAY PROGRAMS INDIANAPOLIS . WIRE 1400 (NBC-MBC)

CINNATE ono Too (NBC-MBS) -

- Valley Polk “

* INDIANAPOLIS _ WIBC 1050

Tabernacle ” ”»

» »

Time Has Come ”» ”

Breakfast Jam Vn ”» LI ”» ”

.Time to Shine. : ‘Peter Grant Chuck Wagon

Richard Maxwell Montana Stim

undu Apron Strings: Kitty Kell Farrell's Stepmothér

Fact Finder Scattergood Big - Sister Life ‘Stories

News Dessa B: Baby Bulletin Piano Parade

Central City Other Wife Plain Ril

tchen

Se|ovvwven! Bune tig 85358585853 | 5308 | 58

David Harum Lorenzo Jones Widder Brown Editor’s

Woman in White

Daughter

Over Coffee Cups Presenti Top Notchers Devotions

Kay, Bartlett . Maines

Paul Allison

Bar

. ones . on Time eet thor Julia Blake % The Goldbergs : Linda's Lo Love on

Farm. News, 3 Road ot Life, *

House Singer

News - Matinee Books Grofe’s Or,

Singin’ Sam Linda’s Love Dr. Malone Farm Voice

Nancy James . Farm Circle " News

Noon Rhythms

Charlie Cook Boy Greets Gif

ech, Bg

ews Farm Hour

Farm Hour

12;00 Farm Program ws Headlines

12:15 12; 3 Bon Gordon 1 Manhattan

WIRE Reporter Voice of #xper.

” ”» Farm Radio Voice of Farm Happy Gilmans

Back Home Frank Dudgeon Biejny Hol ow

1:00 Party Line Bob 1:15 Foetie Sty) s

1:30 School of A 1:45 9”

Betty &

Valiant Betty Crocker.

Grimm's Daughter Lady

. Food 3k . Suzat Play Shut-In Friends Bandbox .

Betty & Bob Ba s Daughter Valiant Lady Betty Crocker

2:00. Indpls. Symphony Hollywood Girl 2:15 2s: Fsmvaony 2:30 ”» ”» 2:45 n.

Police Court

Progress Parade y "

Pianorams - Ebytumakers Concert Hour

an Marlin “3 Serains

Gute rent

3:00 Hygiene Prog. 8:5 Zany Family

8:30 3:45

Stella Dallas Vie & Sade Girl Alone

rogram

Navy Band ” ” Tea Tunes ” -”

I. U. P Minute Home Edition Piano Parade

4:00 4:15 4:30 4:45

CES—WABGC, 860; WJR, 750; WHAS,

Backstage Wife

2 interviews

Hatierfiells

Mit trea Beautiful Lite: Kitty. Beano

i Arinstrong Paul Sullivan ~~

Swing Concert Marv Paxton Old Refrains Hawaiians

Legislature Za j00Zoology. Serenade - Silent

: KEY NETWORK STATIONS (Subject to change): NEC-BLUE—WJZ, 760; WOWO, 1160; WENR-WLS, 870; KWK, 1350, NBC-RED—WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670.

820; KMOX, 1600; WBBM, 770.

MUTUAL—WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM, 850.

pays...

@ Business men and prope erty owners know that fire means the loss ‘of customers and tenants. Profits and rents ‘stop when fire destroys a sevpasiy and many a busi. ness has never recovered from the seiback given it. It is the first concern of mutual ~ insurance to. prevent fire for : . reduced losses mean reduced costs. That it has been suc. cessful over an experience of years in reducing costs is a matter of record.

GRAIN DEALE

Home Office: in

FIRE PREVENTION

- Any owner of a business or

. increased profits that has been . taken by. progressive busis

residential property who ds interested in reducingoverbead : expense should krow the facts about Mutual Insurance. The resident agency listed below 3 can demonstrate the financial strength and the security Back of a “Gram Dealers Mus ual” policy. The high type of service that is rendered to policyholders will satisfy the . ‘most exacting. Through Mu. tual Insurance find the way to ~

‘ness men everywhere.

RS NATIONAL

MUTUAL FIRE INSURANCE CO.

FI Pres TB