Indianapolis Times, Indianapolis, Marion County, 9 February 1939 — Page 25

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STOCKS TURN

TCO TTR OM ve ” 7 hae RE Sn SCTE No. 10 — CORN, WHEAT | Utility Moves to Create LOWE Your Federal Income Tax PRICES DOWN | Special Capital Surplus : W R UNDER Waiayer and Dependents Need Not Live in || u OTC Same Residence for Entire Year. NE ARLY CENT Propose Reduction in | \CQ | : ; x = = ; 8 x =» : f ] ] EE | r : : Exemptions Allowed Head of a Family ; : Value of Co umbia : : ? : - ad : A head of a family is defined by income-tax regu- “a Common Stock. DROP 25 CENTS Trading Continues Dull as'|. \tions as “an individual who actually supports and Rain in Southwest, Better — a Losses Extend to maintains in dne household one or more persons who Weather Conditions Bring NEW. ORE Fe y oD = hs * : i ely connected with him by blood relationshi : TQ Stockholders © um as & vel tt : relationship by marriage, or by adoption, and whose : lof a special meeting to be held| Weights: Vealers NEW YORK, Feb. 9 (U. P) right to exercise family control and provide for these CHICAGO, Feb. 9 (U. P.). —Wheat March 7 8b hin they Lo be HEHIS,y VES » . . oJ a. 0 Qe ; % as : ~ Stee tars lec th’ stock marker| dependent ndividusl is based upon some mora, or legal obliga: | pice dropped aout 1 cent an the SLES, 1% SRR cufiian.| Hold Steady. lower in the early afternoon deal-| phrase “in one household” may be interpreted as meaning the tax- Chicago Board of Trade today, with | tjon, : ings today. Trading continued very|| payer's personal residence, an apartment, rooms in a boarding ||selling induced by beneficial pre-| The proposal, recommended by|- Hog prices at Indianapolis today dull with sales to 1 p. m. only 320,-|| house, hotel, etc. cipitation in the Southwest winter |the board of directors, calls for a|declined 25 cents on all weights, the, 000 shares. Under certain circumstances it is not necessary that the tax- |[wheat belt. reduction in the capital represent-|top price of 200-pbunders falling to Losses extended to 2 points in U.|| payer and his/ dependents live under one roof during the entire At the end of the first hour|ed by the corporation’s common $8.20, according to the Bureau of S. Steel which sold at 58%. Bethle-|| taxable year in order that the taxpayer may be allowed the exemp- || wheat was off % to 7% cent, corn |stock from $194,349,006 to $12,304,- | Agricultural Economics. hem was down 13% points at 671%.!] tion. If the common home is maintained and the parent is away off % to % cent, and oats i to % |282, without affecting the number | Vealer prices held steady’ to a Other sections of the list softened|| on business or a child is away at school or on a visit, the exemption ||cent lower. of shares. This Fesiatement vould practical top of $11.50. with the steels. is allowable. Moreover, if a parent is obliged to maintain his de-. Rain and snow were reported in |create a spec cap surplus of | tittle change was recorded in the Chrysler sagged to 75, off 13%,|| pendent children with relatives or in a boarding house, while he Kansas, Nebraska and Oklahoma, |$182,044,724. lamb trade, bulk of the supply conDouglas and Glenn Martin had de-|| lives elsewhere, the exemption still applies. If, however, without ||with a forecast of more moisture in| Along with the meeting notifica~|sisting of fed western lambs which clines of more than a point each,|| necessity, the dependent makes his home elsewhere, the benefactor || the next 24 hours. tion, shareholders received a proxy |sold from $8.90 to $9. and Santa Fe and U. S. Rubber|| is not the head of a family. . . Moderate selling uncovered only {statement containing complete in-| Fe were off a point or more. Johns- The same rule is applicable to the term “living together” in the a light demand. There was some |formation on the proposal and a Fob. Top Rects. Feb. Tos Rests. Manville lost 2 to 94. case of a husband and wife. If occasionally and temporarily the || support on resting orders, but the (statement to the effect that the $82 00 7.8830 438 Mercantile issues, firm in t husband is away on business or the wife on a visit, the common ||sacline reached aimost 1 cent before management considers this change| ¥ ::- 3.50 S850 8 drs 3.43 : Zies morning dealings, turned down wit home being maintained, the $2500 exemption still applies. The da the market steadied. to be “In the best interests of the| 6 i: 840 538 the main list. Oils, utilities an avoidable absence of husband or wife at a sanatorium does no Local cash grain dealers reported stockholders of all classes, and 80-| parrows and Gills “packing Sows. coppers yielded small amounts. preclude the exemption. But if the husband continuously makes sales of 38,000 bushels of wheat t0|cordingly strongly recommends its| Good and ; : his home at one place and the wife at another, they are not living mills, with more said to be working. approval.” Choice 200-215 718 300 $ T5- 73 Bonds Turn Firm together within the meaning of the Revenue Act. . || Export business in North Ameri-| “If the stockholders do not ap-| 160- 180." 775-830] 425. 550. 640-680 Bonds displayed firming tend- can wheat continued flat. Winni-|prove the proposal to create special| 200- 220. 8.10- 8.20| 215- 530. 6.15- 6.80 encies after early irregularity. peg was % to J cent lower. Liver-|capital surplus,” the proxy state-| 320-230. 7.40- 8.13 Goal Iser Figs Railroad issues which for the most NE W y ( ) R K ST pool weakened in late trading, after {ment said, me board of ‘directors 290- 350. 6.95- 7.75 100. 140 § 6.50 7.28 part opened at small losses regained early firmness, and closed un-|has been advised by counsel to the 51 or part of the Jecting, Volume, By United Press changed to % cent lower. corporation that, under the present so TLE (Rereints, 00). _f1owever, continue 3 ie Vi Ore DOW-JONES STOCK AVERAGES Commission house and local rules of the Securities & Exchange |cnoic ghts— were execptions, including Missour High Low Last Chenge : |selling of corn was encouraged by|Commission, further dividends on| 730- 900 $10.80-1L.78) G/d bf ..§ 7.00- 7.50 Kansas 5s of 1962 which were down —A— 30 INDUSTRIALS weakness in wheat and a lower |the preferred stock, preference stock 1100-1300 11.00-12.75| Cut. com’ 5.50- 6.25 4 Yesterd 145.43 1.33 3% i ab ig snd New yok Central Abbott Lab .... 5 58 8 vy Yesterday Trrraieses ttt 4as4 1191|Buenos Aires market. Failure of |and common stock can be paid only | Ge8d-S., 1) 55 1a7siay Weights alers 4s 0 off % a Adams Exp ... A EY Nee enn * \ lication to and an or597 507 + 3% 147.33 —1.32|the cold wave to‘be as severe asjupon an app 900- 1100; 9.00-11.00/ Choice ..10.00-11.50 Special issues in the industrial Allegh. I Lud ‘8 a 32% 22% + % Homie 200 nme resees ns to expected also led to some liquida- [der of the Securities &. Exchange 2100-1300. 3.00.11, 23 Medium. 8.50-10.00 Shvidon had alvences Senging to] Aen 3, 4 4 — | High, 1939, 15485; low, 136.42, tion. Prices reached the lowest|Commission.” Medium 0.00 SOS 00- 800 more than -a poin ee’ 'SSUES|Am car & Fdy 20% 203% 20% .... '| High, 1938, 158.41; low, 98.95. levels on the current downward| Late Tuesday, the utility .filed |, {50-1900: 835. 9.25 Receipts, 388 were prominent among the gainers.|4m Com’ Al. tA 9% 9ai 21a 20 RAILROADS movement. with the Securities & Exchange|Common |cnoiee= ps, 39) Utilities held steady to firm. Am Enc Til... 4% A hr Yesterday ...cc...eseeeeeeee 30.38 +042] Tocal grain receipts includued an|Commission an application for ap-| 750- 900- 7.06- 8.25 250-400 .% 8.00- 2% United States Government issues| TW Home Pr.. 4h 6 4 - % [Week Ago ........ccceeeenes 3020 +083) estimated 75 cars of corn and seven (proval of a plan of corporate sim-| = Heifers Medium: 5.00- 7.00 were dull. One of them had a loss Am ice jveeeee na 32 2 +" y {Month Ago .....coeeecncerce 31.08 —031)000c of wheat, plification, which, according to|“75-"%00. $ 9.75-11.00 Common. 390. 5.00 of 1-32d point while the others that Am sD iT aad, 24%, 24% — Yo iYear AO ......cccceccevnns 20.11 --0.98 — : company officials, would bring the|Good— Stocker Cattle Sppeated had advances ranging to|Am les 24% 24% ie 3 fn] Hush 199, 9isds tow, 91, CHICAGO GRAIN [Columbia Holding Co. system into|yi Mediu 200, EB A ica. IP -32ds. : Am Smelt .... 45 45 4 cone , 1938, 33.98; low. 19.00. conformity with the Public Utility | 550- 900. 7.50- 8.50/G00%5, | $ 7.75- 9.00 Curb Stocks Irregular Am T & T... 157% 137% 190 siege ~ 15 UTILITIES =a i031 Opening prices today on the Che Holding Company Act of 1935. CS50900, 6.50- 1502 900-1300..." 7.50- 8.75 Curb tock i larl Am Woolen . Lo 5% 5% o Yg|Yesterday ....ccccoe esseess . + cago Board of Trade, as reporte Upon consummation of this plan Madi 7.00 7.78 in the eatly trading, er To | Ansonia” + : gi 307s Bora Ww fa|Meek ARo .....oecoceicseeee BAIR 4083 hy Thomson & McKinnon, were: |ooiumbia will own 100 per cent of |Good .. 8 1.75 4p; Common. 5.28 7.25 : Tec 2 toh! a” 84 64 J... |Month Ago .......ecieieees 2278 —0.43 Ma Jul Sept : Medium .~ 6.50- 7 He were scaled on moderate profit-|Atchisen pt ... 62 3 Baie [Wear Age iiiiiiieneinn 18.85 —0.01 y y * |the outstanding voting shares of 31|¢ 5.50- 6.00Good ARG Cho inh taking. | Btlag or —B-- "High, 1939, 35.5%; low, 23.30, Pe eT: 0.68% [email protected]% 5.69 @.69% subsidiary companies, and will hold |Low putter 550- 760 $7.00 8.00 Aircraft issues were firm. Brewst-|Bald Loco ct.. 14s 14} 1h aoe High, 1938, 25.19; low. 15.14. Corn @.40% 50% 51 @.511| controlling stock interests in mine & cles. 4325- 3 a 0-700 ‘er Aero was up % to 11% to lead|Bangor a As bf 76% 76% 76% Twn Net |Oats— other subsidiaries, none of which| guppp AND LAMBS (Receipts, 1762) the advance. Lockheed eased mod-|Beld Hem "ee slants fy High Low Last Change [email protected]% .ceoeseese -eieveneeelwill own or control any other com- : banby erately from its high to 30%, up %. J ay B HA G89" usa —_ Suife Go 2» yk ! By + 2 5% Bl eevanssese. +4618 pany. Goo od an . 5 Elsi Bond, & tae is re’ Bil C3 BE BE BE T HINERE0R 0 LF) me Fads vrs onl HE 1a 08 7a € preé-| Bklyn-M we; SL18 ss 3 4 —T— : WAGON WHEAT ferred up %, while the common was Bulova W .... 0% a di Texas COP ..... Mu dy 44... | Cf City grain elevators are paying for No. N. Y. Bonds Gos and choice «8.3.30 430 Just below the previous close. Amer- 5 5% Talcot J pf .... 3972 392 3913 .... ; other grades on their merits. ommon and medium. ....... ree jean Gas & Electri 10 os _| Can Pacitle ees 5% Ja ais 3% Transamerica 6% 6% 6% + Ys Gatn corn. new No. 2 vellow, 44c. Oats, 25¢c. BOND PRI . n Gas ctric lost 12 and Ni-|Celanes 20% 20% Ya + %ITri Cont 3%% 80, “al, dy ee reut—tte———————————— D CE INDEXES " 3 agara Hudson power was easier. - Gare de Pasco. 32 Ya 33 Ya 33% + i Twin CRT bf . 3B. Be 3 a C bh St b Togs. 2S, uh 3% CHICAGO LIVESTOCK Aluminum Co. of America gained|Chrysler ...... B% 5% BB — ner ur oC S > s—Receipts, 13,000; market, moderL i . 3 1 43 82 a2 1 —l— Yesterday ..... 86.3 59.1 100.6 82.0 tory ti teady to 10 ts 1 than 2 point in the industrial section, but| i. F 1s 15, 15. + %|yuon mos ’. oh N% —h 3 Ney | Week ago ..ll863 ses 1001 817 W av. hesday's average: fon. 85. 10; % god and many active issues were fractionally|Colum Gas :.. 8% 8% 8% --... |union Carb ..., 865 8 88 TF 3 High Low Last Chugge|MONth 880 .... 86.6 60.6 90.6 823 choice 140-230 Ios i oats, lower. Com Iny Ir 2 *\Un Pacific .... 95% 95% 951%, — 3% Year ago ..... . 80. &: - packing sows > Com Solv ..... 124 13% 12% .... GR KRCIR% GT 39% 307i 394 + sg|Alum Co Am ..117T Tu18 17 +1 g 0.1 647 OLT 78.8/$740@T65! good 400 0-500 1b. . packing ; Oil shares were steady around the|Comw th & 8 f 62 6 eves |United Corp 3% 3% 3% — % ans a wis. yd 16 Sle aiie Iwo years ago. 95.0 .100.8 1053 100.4 ss gogo sei fov ane weights up ie a previous close. Mining stocks had er » 33% 33% Sin cess Psat. imp 12% 12% 12% ses Bell Air Ceenan 2 ia ® 2% + % 18% ing canons S57 is 200.6 823 slow market on steers and yearlings, es: small fractional losses. Cons Edison pf.103%2 Va 2 ..... |S Gypsum 98% 08% 98% — 1, |Blue Ridge .... 1% 13, xvas OW «eevoes 87. . 9. .0 | pecially good an o 8. a = Cons Dim ia ik 1814 + ” U 5 Rubber . 4% a4 4% oy BE « 1138 Au 13% + Ya 1938 high ..... 87.3 70.0 99.7 83.0 hot ives : ’ TCoty ...coenvee. 5 5 on 2 Sam Rd 22 100% 101 + % Carrier Corp.. L508 ne Be Ri % 1938 low ....... 74.9 47.9 813 70.7 ket; Boi pro eH 1 ednesday’ 3 ad i oe coas d - 0, 0 0 Today's Business| ss ts 8 88 SHE TEE i Ba fo =o GRRIRE Gl G8 Sp Soll nemo sen aes were CER BAT Cr Cork cupfxw — “*** |Un Stores A... 3 2 3 ii [Solon Dev rid: 3% 4 . 731936 high :.... 94. 4 106. 2 t $9.25 d mn t : Deere & 0 .... 19% 10% 19% + % —Von So — Brug. 1% 1% 1% : 1938 i p13 10s Mes 1002 enough Hone’ to make | a “market elther At a Glance Del & Hud ... 20 20 20, — {lvansdem _.... 25% 35% 3% + % El Bd & Sh .. 11% U% U% — 3 (copyright 1939, Standard Statistics Co.) [fo weak om latter class: bulls Strong. to : Douglas AIT... 10% 70% 0% — lv Va-Caro Ch’... 3% 3% 3% = fg Bg Sep T% 11 Uh + % ——— 10 cents: Hee! vealers steady at. $1150 sens — — ble Oil .... . ed , 8. own ; more we . bul contmm Bens Loe BT Ml Ta me (EEG fe fe Soe) ME CIDE LI it, 50 i Te rd . - Wi Bros ..._ 5% SIE 3 @ , [email protected]; best fed st jon: Ele Aue 5 aes FETA Hn 1 13% Es W Fa P Lr ub 118° 118 z Y nC SN : 39 38 30 iste 141 LL. vo 1008 oh Gs Ts ss a a held above Sia, Bituminous coal | production: in Elec Pwr&Lt .. 11% 11% West Union. 21% 21% 21% — %|rociheed Air .. 307% 30a 30% -f %|4Ys 1952-47 119.3 119.3 119.3 | with nothing prime offered. United States week ended Feb. 14, End Johns pf..109 109 10 13? West Air BEe.- 2 Lo 21 2 — %3|Nat P & L pf. 0% 9% 79% - 7Ys|2es 1953-49 .,......103.3 103.3 1033 p—Receipts, 120 000: late Tan: 8,200,000 tons vs. 7,709,000 like week Eng Pub § .... 19% 10% love — = Wiis on Sh ot. 3 3h. Sh eh EH Niag H Pur _.. 8% 8% 8% — Ja Zhe 196033 1082 aol, 10a, Fat lambs mostly J5@35e lover: io, $9.1 1688. ET Erie el Ph In 1% — I 1D : * ott 48%; a +""y | Pac GE 6 2 3 32% 3 % + % Federal Farm Mortgage Bonds fava Be 108. Ib, “weights, $85005 75: CORPORATION NEWS —F- , |wrigley L000 BT. TE ee Faseart Sap 20% 2h Wa yl oneu 107.9 1079 107.9 Today's_trade: Fat ¢ lambs, = indica £ Pp A102 102 102 vee Yu U Cp pf . 87 87." 7 Ye Home Owners Loan Bond ons stea y 0 wea £00 0 choice ofpi Dante Mo, Co, BRE 0 Ho Ba hn sn no (VERE tt to 5 5 SR sn A ER reep 4 4 wxeel T 5 FOREIGN BONDS Steady oh aD. : $425,108, equal to 59 cents a com- Lele x “Lo mon share vs. $676,171 or Sl 04 year|Gen Cable A... 30% 30% 30% + -%!J J LOCAL PRODUCE Argent 4s 72 April .... “hh TY 1% OTHER LIVESTOCK ago. Sen Foods fess 30% 2% 3 T Es : Heavy breed broilers 4% lbs. and over Australie 5 hes 857 whnisaes 34 ko 9 en Molo 13c; hens, under 4% lbs., 13c: Leghorn gmt a. a 2. A OU. Py. ~Hi . Bell Telephone Co. of Canada i i% 31% 71% Xl ” hens, 8c; “Barred and White Rock spring: Brazil Can 5s 5a’. 13 13 2 i rE Sor opening, sales 200° ‘Ibs. and 1938 net income $6,449,380 equal to|geodvear | 327% 33% 32% + Y . ers, 1% Ibs. and over, 13¢; colored spring-| Denmark 5148 55 ...... 9 99% 99% |u wer for 00, 8.30; Js, -250 6.112939 or $7.72|Gt North pf .. 25% 35% 35% + ers, 115 Ibs. and up, i2c; Leghorn broilers, | Fr Tias 41 UNSG «vrses.1 04° 104° 104 [88 15; 100-140 {bs Re T50 7.50; sows, 8% $8.05 a share vs. $6,112,939 or $7. orth p Ae in ne 1 1%, Ibs. and over, ilc; heavy breed hens,| German 5:5 65 ........ 19% 19% 19% | @8.25. Ts : in 1937. ee HL. i A 2 + sl * | Me; spring chickens, 3 lbs. and over, 13c; | Italy 7s 51. 101010 sh sais G6lk Rs aioe, 300; calves, 2k: Steams : ded ; , apa $65... i. Coca-Cola International Corp. |Gryehound Cp.. Tn 18% 18% + % aw : oy Joos “Sie fi tach country-run_ ges, 5 Th bs i ii ihe i Shout Sieady. bin: To medium dul ‘meat 1938 net income $7,363,846, equal 10); oon |... sé + Optimism Predicted on Late |}: cach, ol, case, must, Veieh 54 Ibs. Bein Stl Ts 66... 1039 10305 10303 | steers. 40: load light 630-1b. mixed year$35 a share on common vs. $7,420,~ [72° C8 04°00 11a 1% 11%... case under 54 Ibs. will be made). a Ry 4%s 51 ....114% 11415 114% lings, mostly heifers, $9.75; few fat beef 22 35.11 in 1937 ee Pp mt om ne U 1 1 ’38 Butter—No., 1, 28@28%c; No. 2, 25@26¢; Ger rir -td 515848 ....%. 80 79% 7912 | cows to $7: top vealers, $12. : 022 or $35.11 in : Hero Pdr ...... A on on Zn pswing In . butterfat, No. i, 33¢; No. 2, alc. |Chi W Ind cn 4s 52 91 91 81 “Sheep—Heceipts 250; sizable lots meDavenport, Hosiery Mills, Inc, net|Homesitren—: Hit lt Ht T 4 mint (Prices quoted by Wadley Co) [Dlnjesne ats 6 Littl ails Hive) dem 6, ped Sod, fof Western, lambs 6 prof Jon cnded Dec, SI, sioaeT Bin late H HL b.9 (U. P)—R Cre [HTCRT Ei Ma oA ie Sie on ote, food, ang Gl or $2.88 a share vs. $231,260 or $2.44 —r— NEW YORK, Feb. 9 (U. P)—Re- i EAN) COMMODITIES [Econ FB % tn athe 6b -. 983 98% 98% 6-75: slaughter ewes rainy $55. in 1937, Int Harv ..... +50, 53, SB .ciee tailers in the women’s wear trade Sea Air Lin Ss 45. bls 10288 10288 | FT INE, Feb. By P)- ate Gotham Silk Hosiery Co. Inc. con-| fat Riffer®.::: 52° s3* s3° io |are looking forward to a good sea-| |[NDEX AT LOW MARK Warner Bro 6s’so ./.'08% 98 98 "|48: 100340 Ios. $8; 40-360" ing solidated net profit in 1938, $237,797 jk £ 5. F 5-- 43% 13% J3% i‘ lson this year despite the unfavor- | : 80-230 ibs. v7.30; 380-300 hs. 31 0) a: mon vs. $351,159 | In no a ; 7.55; 120-140 1bs 100.120 Tbo.. $7.05. SF 12 senis oft sump va. WT&Trl 3% ou 9% ¥ able showing in 193, Dun & Brad-| NEW YORK, Feb. 9 W. P—| (Chicago Stocks He 3650: stags, $5.35; calves, 11; 0 : —K— Dun & Bradstreet’s index of lambs, $2 Great Northern Paper Co. net K ic: 37 & 37 37 {str eet, Inc, said today in a survey fon. 8 Stree ® gx of 31 EE ER}}SR}G}R}R}PRSR}PR}RPRNRPRPRTETETETITFHFTTT— nneco ves ese mm . profit year ended Dec. 31, $2,168,809 Kroger G&B. 24% 24% 24% %|of the trade. food i fo ime d1 She hi Barlow HBA oieisr EL Loy las + ANKERS MEET FOR vs. $2,177,654 in 1937. ce The optimism was predicated, the | jevel of Ja Bendix Aviat ......ec0. 26% 26% 26% Lee Rub ..... 33. 29 39... evel of Jan. 24 when it was at the Borg Warner ...i.i.... 27 1 7 Interstate Department Stores Inc.Leh P Cem: 21% 21% 21% >'%|review said, on the encouraging up-|lowest mark since August, 1934, the|Cheo Corp ...:: il! Ah AB 1% REGIONAL SESSION ~ January sales $1,441,961 vs. $1,220,448 75100 C PF lage agn “ag, +"'%| swing in business late in 1938 after company revealed today. gr Ie dn ann : mes in Jamuary: 1938, increase 18.1 per E-O-F os: Fi Lira 15is = rn att 6aily sethack. The .index stood at $2.30 and Horders Ine fa . 12% 12% 12% COLUMBUS, O., Feb. 9 (U. P.).— cent. Lig Carb ..... 1 mr nx compared with $2.43 in the corre-|gh; ays 415| The first of several regional conLiquid Carbonic Corp. net loss in| yo neo, 49% 512 wy z.- | Reflecting the unusual situation sponding 1938 week. Loudon, Peck 1% tH ferences to be held under auspices December $297,283 vs. net loss $14,- | Lorillard «ec... : 239% 22% 22% .... |Which confronted the industry last 5 Increases were Shown by oats, Marshall Mig A111 % 11% 13% of the American Bankers Associa538 in like quarter 19317. Mack Tr a 20% year is the fact that retail sales for pac, SoCs) €ges an Tasep while Mia pres, CoIp, «2 % hy Te tion, opened here today. Louisville Gas & Electric Co. net|Man Ei ed ata’? 17% 97% “798 i''y [the full year declined only 4 per ous Ww Sal. Te ar 9, lard, |} Noblitt Sparks tet 25 25 325 More than 1500 bankers from 12 income for 1938, $2,582,234 vs. §2,-|Merine Mid ... 4% 4% 4% — Js cent from the previous year, bu Suga > he ons 3] De Po! X oe Sontame Hl 5 24 - 34 |states and the District of Colum558,863 in 1937. Martin GI ..... 35% 35% 35% 1 70 |failures among retailers were more Ss Er PQ lam ees Tl awn Da 3 1% 1a%|bis were expected to attend. The Marshall Field & Co. 1938 net|Meliyre pos. S52 3g $92 -:--, |than double the 1937 total eclines, Zenith RAI os.veneres 18% 18 18 |theme of the two-day nine is 1.0 _|Mesta Mach ... 36 36 6. Preliminary figures, the review y “meeting public needs banking.” prozit 35, Bhan > 3 is share Vs. Mont Ward ... fs. 49% + % said, indicate that stocks increased |* TREND OF AUTOMOBILE PRODUCTION ; Tring Pork Store, Tc. net in-|Nat Cash Reg. 23% 23% 23% 4 %|SOme 4 per cent during the year IN THE UNITED STATES AND CANADA U. S. STATEMENT ne 100,067 Nat Sup Penn. 12% 12% 12% — X|“although the stores had bought (Total Pa WASHINGTON, Feb, 9 (U. P.).—GovSb oar on aT, Ses $ NY Con ay ra 18% 18% + i cautiously throughout the year.” 600 ota i ssenger Cars and Trucks by Months ). ernment expenses and recei is {or the N ¥ C Omnibus 38% 365% 365% +4 ¥% : y : current fiscal year through Fe , comN Amer EEE 3% 25% 5g — 13 pared with a year a 0: DIVIDENDS No'fmeroriBi BE BA C% 1OCAL ISSUES ~ Expenses . op s8 133 el spatter Ba American General Corp. regular —0-- The following quotations by the Indian. 1 A Noy Gross def . 3.025,000,974.95 807.815,781.81 quarterly 75 cents on $3 preferred,|Ohio Oil ...... 9 9 9 ...._|apolis Bond & 8 Corp. do not repre- ]7N N\ ’ et def ... 1,999,363,274.95 757,218.531.81 621% cents on $2.50 preferred and omnibus ...ee. 17 re 17 17 -_ sent Serua] bids or. oterinzs. buy merely 500 f 7 SN m— 1937 — gan bal 3329 136.511.93 3,308 Sn. a — a e appr mate ma A . . . ay . » y 50 cents on $2 preferred, all pay- Pacific Ltg ... 44% A 44, 35 based oft Buying “and selling Quotations of 0 ’ / ToL L Pub. debt 30.111 903,589.95 % Se eS kad ...... 1 ; res , 729,684,584. able May OE EO 18 25 Fara Flo 2 pt 1 1 5 1 arn Stocks Ba Ask| | 2 fy vA : 0 Customs .. '193,882,065.24 245,067,335.73 . . veee 1 e, . cents on common payable March 1 Pathe Film ... 18 18 10... Belt BB 4% Stock ¥ds com... 517 54 € 400 / / HY : / INDIANAPOLIS CLEARING HOUSE record Feb. 18 vs. like payment pre- | pere Mat pr pf on 30% 30% — %|Gent Ind Power 4% Bid... 38 ‘38 S ~ \ : CIeRHINES avaeessraressdares eens STEIN vious quarter. Fil ‘Mo ris 0. ese 8532 as? 3 Home T&T Fi a, = pfd.. 52 54 N / \ \ A a ai eee are we Fubifer s Bf. 1500s 10s hed ~ nd & Mach 1X NE COM. wuxn sures me 13 w () \ \l / FOOD PRICES tome 4 ale oes ° ¥ Eepubiig "sii". ph a8 Jb eo, iho rds Hetil” Sh phi rt | |@ 469 LY - Art wiEiGAte, You 9 0. or — JU x epu Cc ve 074 03% 207 — 1,|ANAPIS GAS CO. ..v. -veiicense . 34 chigan ACK at 1 1 L 0 «sn . 1 jo » SEE FINAL EDITION ' {| zovee, Con, S64 J0d foil — afi obis BEE Sh2idy--- 0% 10] |» 938 we —\h fA Ce LM ES : ; Richneld Pott. Ys 9a OY + Ya Dl ter fo 7 cr soe 0 “oa © or \A Spinach—Texas, bt bu., 60@75c. a + OF THE TIMES —S— Ind. Bub. Serv 6320s pia... 11° 0° | | £ [— \ \ fl 4 ie oa So fover = Safeway ...... 39 Ya 39% 30% .... Ind Pub Service 6% 85 88 . Vad alifornia, crates, $1. ro an Safeway 7 pf...1007 109%: 109% + %|N I 1 1 0.200 fornia, hampers, [email protected]. Celery FOR Schulte R 3 a . ng Pub Service 3% bid 3014 33% : ¥ V 4 igan, square crates, 50c@$1. Onion Market Sears “Re “Roebiick. 71% 7 71% BE % Bib Service Go of tnd 1% bid 84 81 " i] N 5 / Soin, Snes ol Ao a5) TV . ; 47 n ellows, . OTHER LATE NEWS South a Pac g hi a 1A ave 0 Ind GEE 48% ‘Bic $% Jd 3 a o * Estimated N\ vy \ lows, T5c@81: Wisconsin Yellows, 5@30c. : Sperry-Corp .. 45 45 45 —: Ys Van Camp Milk rh 2 som . 60 62 = AND S + Shams 14, 14 34 + %|Van Camp Milk Co com..:lill10 1%| |= 100 Nf AUTO TROUBLE td G & E p 9a gta .... Bonds ' CALL DON CLOSING STOCK 8td G & E7pf. 23% 237, 2314" .... of wie Std O Cal....., Ys . 28% 28% + vy, |Amer Loan 5s 46 . 100 Prepared by Std Oil Ind 2 27 C97 .... "| Citizens Ind Tel 4ibs ER 105 Phone 24 Hour QUOTATIONS : Std Oil. NJ fn so sow 1 Crabbe Re Rima Hangh Bs ins 100 Administrative. ond Research Corporation, NY uliler 243 fi, to Stokely Br % 5 5% > i Home T&T. FW 8 %» 43.......104 ° 108 0 ] . Automotive oe Stone & Web.. 15% 15% 15% — 7%; : fe 0% ,05- +1110 108% 1011s Jan. ob. Mor Apr. ie Jun. g rr or. ory Dec. KENTUCKY AVE. AND MARYLAND Eokonic Hater ks ATs 10314 1% PLACE ORDERS FOR RAILS fe) Mo 5 lo ae J ‘a | Moe, Se Sigs oF ho. th dom : Noblesville HL&P 61% 47.. + 100% 108% ¢ ‘NEW YORK, Feb. 9 (U. P.). — NZ Public Tel Co 4 % i: 193 100 | orders for 31,110 tons of rail, cost- , : \ Reymour ‘Water Wis 5% 40...100" jos |iNg approximately $1,500,000, have Tr aute wae Vi 8% “ep 100 been placed by the Missouri Pacific / Tract Term D 5%...... ore 83% Railroad Co. with the Inland Steel : vs : arket St. investment. Corp . 2 23.38 23.59| Co., Tennessee Coal, Iron & Rail- : / - BVM. PF. CHL & Col road Co, and Colorado Fuel & Iron| Funds invested here by the TENTH / ‘1 Co, it was learned today. -- | + day of February earn dividends figDAILY, PRICE INDEX |= 22. | urea from the FIRST day of Feb- FEB. | . NEW (YORK, Feb. 9 (U. P.).— Tuaty. Dun & Dradstrets daly weghted (OO on ms to em men, price index of 30 basic commodities, | BE J all safety. . : compiled for United Press (1930-32 4 Dividends Paid During 1 1938, at Rate = TID OI ese y Yesterday ‘....useevvesner.q».105.13 wa Week Ago. srisgrivbecipencss JOSIE i Y P E Ww R | T 2 = S Month Ago crsssesssesnsees 105.62 i 3 a 3 Year Ago .. sv sige nsanssuannse 113.93 |} : “ ne. 21] 1939" High (J n. 106.101} WOODS ab.

TONIGHT 7:00—Kate Smith, WFBM. 7:00—~Rudy Vallee, ‘WIRE. 8:00—Good News, WIRE. 9: 00—Bing Crosby, WIRE. 1 9:00—Andre Kostelanetz, WFBM.

“The Barber of Seville” is the opera chosen by the Metropolitan for production Saturday afternoon, and will be previewed by the - |“Operalog” at 5 p.m. today, NBCRed. Mrs. Herbert Witherspoon, director of the guild, will be commentator, assisted by Leonard War-| ren, young American baritone. 2 8 » One of Metropolitan's sopranos, Gladys Swarthout, will take time out to appear as guest at 9 tonight on “Tune-Up Time,” CBS-WFBM. Her selections ‘will be “Gypsy Song” from “Carmen,” “You're Everywhere” and ‘Can This Be. Love?” M. C. Walter O'Keefe and his cohorts will provide comedy touches. with Andre Kostelanetz' orchestra playing a new arrangement of “Estrellita” and “Dinah.” :

# 8 =

Attempts will be made at 8:30 tonight, NBC-Blue, to answer the question “How Can We Put the Unemployed Back to Work?’ And there are many who would like to know the answer to that one. Possible solutions to help ‘the problem of national unemployment will be discussed on America’s Town Meeting of the Air by Leon Henderson, executive director of the Temporary National Economic Committee; Ralph E. Flanders, a machine company executive, and John T. Flynn, writer on business. ~

2 2 2 Another “poser”. that’s been attempted many times is how are we to avert war? Clarence Streit, whose plan for a federal union of »

THE

THIS EVENING

"RADIO

the world’s democracies is to be presented in book form, will N= marize his ideas'under “Which Wa World Order?” 9:45 p. m., CBS. s 8 8 :

Guests of Mr. Crosby and

Burns at 8 tonight, NBS-WIRE, will

be Elizabeth Patterson and Jeffre Lynn, movies, and Katherine Meisl Metropolitan Opera contralto. In cidentally, Bing’s mother in “Sing You Sin ners.”

Mr. C’s contributions will he “Th Can’t Be Love,” “Youre a Sweet Little Headache,” “Kid Named Joe,

“Umbrella Man” and "Together We

Two.” » 2 8 = : Kate Smith’s guests tonight at 7 CBS-WFBM, will be Sylvia Sidne and Franchot Tone, who will costar

in excerpts from their show, “The.

Gentle People.” ® J 2 3 “Good News” stars at 8 tonight, NBC-WIRE, will be Eleanor Powell and Harry Warren, who will feature a spot of “Honolulu” Mr. Warren will be honored with a medley of his own tunes; including ‘Jeepers Creepers,” “You Must Have Been a Beautiful Baby” and “Girl Friend of the Whirling Dervish.” “Snooks” Brice'and her put-upon papa, Hanley Stafford, plus Frank Morgan, Robert Young and Warren Hull, will be on hand with new versions of their specjalties. ” 8 ” Walter Huston will do a one-act drama at 7 tonight on Rudy Vallee’s program, NBC-WIRE. Mr. Huston will take time out from his Broadway musical comedy hit, “Knicker= bocker Holiday.” With him will be Mary Martin, "Leave It To Me” ‘sen= sation. ® =

(The Indianapolis Times Is not responsible for fnacecuracles In program ame nouncements caused by station changes after press time.) INDIANAPOLIS INBIANAPQIAS CHICAGO - CINCINNAT] WFBM 1230 WIRE 1400 WGN ‘ B.) W_%00 (CBS Net.) _ (NBC-MBS) (MBS-Net.) -MBS) Before the House I. U. Program Pianist Pr: Tea T Tunes Ensemble Johnson Family Jamboree - Home Edition . Concert Or. Jack Armstrong . Symphony Monaco’s Or. Paul Sullivan Christian Science Safety Talk Musical Don Winslow Howie Wing Interview Dorothy Foster Patricia Gilmore ‘Bohemians Nick Traev With Music Nixon Denton Interview Piano Parade Urphan Annfe Lowell Thomas N Easv Ace Capt. Midnight Am FHA Talk Vaeal Varieties Capt. Herne aristies andy Joe Pepner Walter Shead Concert Or. Done oe ve 18 . ” Newspaper of Ale Inside Sports Inside Riliere .

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Headline. News 3 Callovray’s Or. Carlsen's or. 10: ”» ” a

Kate Smith Rudy Vallee Reldelhers or. Rudy Valleo » 5 nn» Lightning Jim » » ”» ” ” » ” Major Bowes Good News Don't 2Delieve It Good News » ” Rd ”» Ie ’e Trib. » » Sd - ” Concert Revue - ”» Tune-Up, Time Mugio ‘Hall nm Mugio Hall ” » » ”» Hockey ”» » Socia! Security » ” ” ”» - - News Amos & Andy » Paul Sullivan J. Dorsey's Or. ” »

Sweet Adeline Travers’ Or.

Carlsen’s Or. ” rs . Carlien’s Or, -

Kayelin’s Or.

11:00 8. Kave’s Or. 1 3 rN bl ora 5 ’s or : e's . ° 11:50 wen Nichols" 0

Casa Loma Or. Moon River .. . C” ”»

"J. Garber’s Or. Review - “ Reichman’s Or.

FRIDAY PROGRAMS

IND NArold INDIANAPOLIS INDIANAPOLIS CINCINNA {DIAN 3 WIRE 1400 (WIBC 1050) WLW 300 © (CBS Net) (NBS-MBS) (NBS MBE) +3 Devotion Tabernacle Checker 8:10 Early Birds _ Markets nr Valley Folk ) wo» Time Has Come Breakfast Jam Time to Shi 78 n » » » - - Peter Grant an Co. .» » ” ”» » bt Wazen 8:00. R. ‘Maxwell News Coffee Cup Paul Allison - 8:15 Montina Slim Dessa Byrd Presenting yrt & Marge 8:30 oundup Babv Rulletin Want a Job? Piliton House 8:45 Apron dtrings Piano Parade Devotional Silhouettes 9:00 Kitiv Kellv Central Cit Kay Bartlett 1 Like Mu 23 Farrell’s Kitchen Other Wife y A » ' Jusle 9:3 8 1 Plain Bill Matinee Julia Blake 9:45 Stepmother Woman in White 3" . The Goldberss 10:00 Fact Kinder © . David Harum News Linda’s Love 10:15 Seattetatog. Lorenzo Jones Matinee Vic & Sade 10:30 Bis Widow Brown Safety Program ows 10:45 — Life Hiories Editor's Daughter F. Grofe's Or. Road eof Life’ 11:00 Mary McBride Singin’: Sam Noon Rhythms ¥ditery Daughter 11:15 Nancy James Lind2’s Love " * O’Neills 11:30 Farm Circle Dr. Malone Charlie Cook 2 ; 11:45 a 2+ Voice of Farm Boy Greets Girl Farm Hour 12:00 Farm Bureau Farm Hour Back Home § mw 12:15 News Headlines Frank Dudgeon Farm News 12:30 Boaemians WIRE Reporter Sleeny Hollow Smilin’ 12:45 Manhattan Voice of Experience ” Hapopv Gilmans 1:00 Party Line Betty & Bob Food Ouis Betty & Bob 1:15 Irene Beasley Grimm's Daughter Cugat Plays Grimm’s Daughter 1:30 Air, School Valient : Lady hut-1ns Valiant Lady 1:45 a Betty Crocker Bandbox Betty Crocker 2:00 Marine Band " Hollywood Girl Piano Moods Mary Marlin 2:15 ” Progress Parade Rhythmakers Ma Perkins 2:30 Chamber Or, Concert Hour Pepper Young 2:43 » ” ‘Police Gourt Guiding Light 3:00 © Eton Boys ackst i Swing Concert Mad Hatterfields = 3:15 Matinee Ba ella AM To Vir ) hia Tavior Midstream 8:30 id o» ic & Sade Old Refrains Betutitul Lite 3:45 Minstrel Men Gir) Alone Hawaiians itty hot 4:00 Butler Forum High School News Legislatuss I 4:15 Tea Tunes Interviews o0Zology Shan neh or. 4:30 " 5 Home Edition Studio Party Jack Armstrong 4:45 » » Piano Parade ” Paul Sullivan

KEY NETWORK STATI

CBS—WABC, 860; WIR, 750; WHAS, MUTUAL—WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM, 850.

ONS (Subject to change):

NEBC-BLUE—WJZ, 760; WOWO, 1160; WENR-WLS, 870; KWK, 1350. NBC-RED—WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670.

820; KMOX, 1090; WBBM, 770.

CROSSWORD PUZZLE

#ORIZONTAL Answer to Previous Puzzle 12 Planes of w= i day are built 1 Pioneer flyer or the same and airplane E as builder. 1 Plane : 13 Weird. was at w—— 14 Corvine bird. or ot - n lien, I TE) Ey, 18 Person “| 26 Jolt. Op 27 Rage. 19 Titanic ] 29 Born. -iron-ore. <I 30 Yarn spindle. 21 Most obscure. 31 To perform. 23 Lava. 45 Greek letter. VERTICAL 5 Hewvenly” | ; 24 Schoolmasters. 47 Balanee zor ) Fahy Some Bey i 28 Shed. Sea eagle. pop 7% 30To eject 32 Apathetic, - 61 Loiters. 3 Saui skin. 40 Vestment. 33 To lixiviate. 52 Child. quiry el “41 Falsifier. 34 Thick soup, 33 Isinglass. 4Thin. °° 4270 do : ° 55 He and his 5Smooth. 43 Hall. 35 Midday sleep. __ were 6 Sooner than. 44 One time 36 Type measure. co-inventor: 7 Gale. : 46 Since. 37 Electrical unit of the air- 8 Pertaining to 48 Twice. | 389 Land right plane (pl.). a rete. © 50 To free. 42 Units of 56 He first ex» 9 Metric weight. 51 Pound. energy. perimented {0 Johnnycake. 54 Measure of 44 All right. with =——s. 11 Children. . area. 5 20 § “ o rT i pc alc “ef

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