Indianapolis Times, Indianapolis, Marion County, 11 February 1939 — Page 13

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airs ar SW me

- Prices rose fractions to more than a

Cholce— so. 900.8 9.75-11.00

pred w HB

< Denmark (krone) . +

STOCK PRICES UP FRACTIONS

15 MOST ACTIVE STOCKS . Net Close Change 13 is 4

Net mas Close Chars

197

os Low

121%

Abbott Lab «sc. \dams. RxD s-Mil

9% 197%

Coml Solvents. .

T0 OVER POINT

[NS

361s 9%

58% i] i

Glenn Martin .. po Loft »...svecvva 99%

r "Reduce r-Way aska Ys

. : =o 587s : 36% n

151% 48% 5836

141% 48% 58%.

Col Palmolive. 15% Gen Motors ... 483% U. 8. Steel .... 59%

Trading Is Dull in Typical Pre-Holiday Session; Leaders Quiet.

NEW YORK, Feb. 11 (U. F)—

. in a typical preholiday session on the stock market today. Trading was dull. Many were absent for a holiday through Lincoln’s birthday which is celebrated Monday in major markets. Lack of selling pressure required only meager demand to bring advances in most sections. The usual leaders were quiet; ' though firm. Greatest activity was in Coigate Palmolive-Peet which made a new high at 15% up % on reports the company’s earnings would make a good showing. ~ Glenn Martin, second in volume, also made a new top. It touched

An Woolen .... Anaconda

2 35 5 ee 5 3 5 50 0 8 5 0 5 50 5 50 5 D0 5 5 D0 D0 3 D0 3 3 50 1 D0 50 0 50 5 80 0 80 3 0 2 D0 D0 2 » » » » » » » »

mour cee Arnold Const .. so Dry G

Gl gh 9 Yeohlan pt. : rst N St .... 48%

4% 5% 18% 814 25 ; 6738 21% 14% 18%

U. S. Rubber .. 447% Chrysler North Am Avia.181% Col Gas 83% North American 25 ° a Beth Steel Crtiss Wright A 275k Dunhill Internat 15% Borden Co .... 187% °

0 Stock sales approximated 320,000 shares, the smallest for any two- |g q; * hour session since Dec. 3, 1938, when a similar amount was reported and compared with 490,000 shares a week ago. Curb stock sales were 69,000 shares compared with 92,000 last a Saturday.

433% 5 18% . 814 25 61% 21% 14% 185%

eve

lied Store lis Chal i \merada

Am Be Note of 57

r Shoe .. 45% No

4 {Ohio

Pac A

m Safe Razor. Ship Build. Smelt ...

Snuff Stl ‘Ftes .e

Pac

Net ‘Close Change 3% + Y%

i High Low Ex-cell-0 cccees 21% 21%

—r— ss

Park Parke

mairbanks pf .. 52

Pair Morse .... rE Patino "ed Mi 4%

restone bt A. 102 enn R

Be United<Press

NY NY Snip Am Amer B. oes . o Am Avn Pacific

vies 11% St Pwr pf .108 Norwalk T

Ofl ...eis

Pen & Penney Pan an Aira 8 14%

High

Nat Gypsum ... 13 Nat Lead ii: 28 Na cel pein $ Sup 8%8 of 53

. 14

& St Ln & Omnibus 1% en a8

1% 106 3% 3% we 9

pf .oeee . 63

m Fish

Pac Coast 1 pf. Pac Coast 2 pt. G & El

Pac T&T pt’ 4 Ba West of . 1 Packard Paramt Pict Utah ...

Davis

Parker Rst Prf. ine Pathe. Fil . 10%

m .. Mines .. 113 Ford .. 4%

20%,

36% up 5%. Douglas Aircraft rose

[a »

\ Ce Line ...s “3

oples Gas vee 3

FISIRE

intkote

sees

, 3 i

sath Eb]

more than a point and small gains |} Reln rp Aun: Corp

were noted in Bendix and Sperry. Building shares rallied under lead of Johns Manville, which rose nearly 2 points. Continuation of favorable sales reports helped merchandising stocks. Utility shares held steady. |Be Electrical equipments rose. Coppers registered small gains on hopes of |B¢ orders from utility companies.

Local Livestock

Feb, Top Bicis Fen, Top Rects. 3 ...8 850 fi 4

ese

Bald Loco ct Balt & Ohio . Bangor * Bangor & Barnsdall ..: Beld Hem

Beth St: pol s Bern Stl 5 5. . in

Blaw-Knox ... Boeing Air

2% Ge

13 5%

Francisco Sug’ . Va Ya 14s 6% 22Y, 0

Gamewell Co .. Gar Wood Ind . Gen Am Tr ... Gen Baking ...

4 =

Ee J Covad ord p:

13% 6Ys 22Y4

14: 8

A .. A 70 Gen Cable .... 15% 157% Gen 8 Gen Bendix Av” oe adn 26%s .. 68%.

pf..114

be IS papel

t h Stl 7 Sup

coe 2834 « 24% LT 4%

nA&B. n Ami A

1, 1 Gillette 8 R Vs ain: .e Gillette 8 $5 pl 11%, RB ... 24 idden .

4 8.40 5385 a]

Goodrich

ood Sows - 300 s ¥ 10- 33% . Sa: 50= 6 6.25- 6.90

6 8.30 4378

ese

Barrows and Gilts d and

| Medium. .

CATTLE (Receipts, 50) Chotes Steers by Weights 150- 900. $10.50-11. 75 a8 ar bt 900-1100. 11.00-12.50| Medium.. 6. 1100-1300. 11.00-12.75! Cut. com 5.50 6.25 0d — Vealers ee 800. 900-1100.

11.25-13. Toial Weights 9.00-11.00! Choice 11. 20-11. 3 1100-1300. 9.50-11 1360-1500. -

9.00-11. 9% Medium. . 9.00-11.25| Cull and common _ 5.00- 8. 00 Calves Be eceipts, 25)

Pl 750- 900. 3.00- 33% Go: 100 8 300. 3.00

Heifers | int” ; Common - 5.00- 8 Feeder and Stocker Cattle Steers

. 7.78 9.00 | & 7.50- 8.75

C 1c C

d= 750- 900. 8.50- 9.75 7.50- 8. 5050

6.50- 7.50

00d 500- 900 .

ao e00. 900-1300. .

8.50 Common _ 6.25« 7.35 |C Good ot C [ | oo an yom cutt s E8ogs 5 760 n- © 8.00 & tt 25- ommon an & oy or * 5 edium . 5.00- 7.00 |C

SHEEP AND LAMBS (Receipts, 500)

Budd Mf 3 Budd Mf Bulova

Butte Cop & z. Byers pf

Cal Packing .. Callahan Zinz . Calumet ve Campbell Wy .. Canada Dry ... Can Pacitle a Carriers & Case J I Caterpillar 7’ Celanese

Cerro de Pasco. Certain-teed ... 1 Certain-td 6 pf.

Checker Cab .

Clinax Moy Co. 7.00- 1.75 | Golgate-P-P ... Col & So

Col Broadcast A

0 C C

Goodyear .. 32% Goodyear pt’ v "108% 105 Graham-Paige . 1 Grand Union .. 1% 1% f.. 14% 14% 28%

24%

DHE ERE HEE 4

Ritter

a es

aps

Bush Term .

Green H Greynound Cp. 18% —

++: a

o >

Hack Wat ot A 33 Hayes Bdy va Hecker Prod

Servel Sharp & |

I: ++

Gen & . Hudson Motor. Hupp Motor .. elotex ent Aguirre .. ent Foundry .

11 Central seoes 167 1872

Inspiratn C Cop . 14 nte . ntercon Rub’ . nterlake Ir .. fA iataiaw

Champ Paper .o Week Month

25 SL a 1812 Two Har yecter vo 98% 1939 1939 1938 1938 1937 1937

1936

ity Stores ....

eab

bet

ol Broadcast B olum Gas ... om Credit .... om Inv Tr.... lvents.

h Edison & So.

Johns Man ..... 92% —l—

Zalamazoo Stv. NE

91%

m omw]

Lambs

omw Zennecott

Good and |Good and choice..$ 8.75- 9.00! medium $ 7.50- 8.50 : ICommon.. 6.00 7.25 &

Good and choice reer 4.50 Common and dium as - 3.50

1 ro \ AQ \ CHICAGO LIVESTOCK HOGS—Receipts, 500; not enough fresh hogs on sale to test conditions; market nominally steady; for the week meager farkeimps and shipping demand supported hog values: closing at week's high ong top. $8.25; best demand on “weights 560 bs. and upward, these gaining 5 to 18° ts lighter weights 180 lbs. and under sold 5 to 10 cents lower; Jai sales o choice 160-220 lbs., [email protected]; 58-200 1bs., $7.65@8; 270- 325 1bs., $17. 50@

pecaitle—Recaipis, 100; no calves; market minal; gompared Friday last week yearings and ligh except prime heavies 25 to 40 cents lower; trade very irregular and basically weak; prices top-heavily high compared with dressed beef: top. .50; top earlings, $12.75; heavy kosher heifers, $11.75; best light heifers, $10.50; cows, slow and steady:

row due to ply condition Shee Receipts, 1000; orcs riday last week: Fat lambs steady o 15c lower; sheep strong to 15c¢ higher; week’s lamb top. $9.25; bulk slaughter ofjerings, E 75@9. 15; medium and good [email protected]: top slaughter |ewes, $5.10; a $405: good leeding lambs, $8.40.

OTHER LIVESTOCK

PT. WAYE, Feb. 11 (U. P.).—Hogs—10 ts higher; 200-220 1bs. u = 20; 220to 15 cents 8 31 a as

nominal; com-

120 dl $7 7.15." Roughs, $6.75; stags, $5.50; calves, $11.50;

lambs, FAYETTE. Feb. 11 (U. P.).—Hogs— Market steady to 30c_ higher; 200 220 , od [email protected]: 220-200 1bs.. [email protected]; 260325 1bs., $7. Mal 75; 160-200 Ibs. 87.900 8.10; pigs. $6.7 wn; roughs. down:

Comw Cons

steers about steady: but all e

Davega Strs .. Bers bulls fully ‘steady; vealers, [email protected] lower; bulk steers, $8. [email protected]; feeder trade nar-|D Lac & bad weather and meager sup- Dis

Pu Pont deb Duques L of .

East Kodak East Kod pf Eaton Mfg . Elec ar . Elec Bo ay 13

1. P & L El P & Lb $1 ot El St Bat . El P Nat a. Eng Pub Equit Bldg. .... rie Bast Airlines ve

Eureka Evans Prod .

4 Comm Third

Kinney Kinney 5 of ... Rreses SS .... ire Kroger G&B .

OLIN DIN

. he SCN aes =i) Ei » ds a

Edison Tdison pf. 1 lm Laundries.

. 357s . 24% —tr

Texas

Ja Le J Le

bert .......:15 h PCem .... 2 h V Coal man

Col G Term

et ty

Bd PWD W DIN) a ID ee - 3.

3553.0

3%s Shas 2%s 3Vas 8 2%s 35 1

Sa G i an E mod gtd aracaibo Ex .. arine Mid ... grehatt ju oe artin asonite Cor. .

& Co . : u 3s

G: 3 oe Graw Hill .. Intyre Porc oe

eeport . sellan te a ead Corp . nn Hny .... 7 inn-Moline .. of .. o Pac pf ... ohawk Cp ves

CCD mt ht Cd pb oD, ~

-3 >

BRITS ESS SSS SSS SSS SSE fd 2S 0

HHH HE HE

Pb pt pd Fa Chet 0900 -

..118 118 | —p «174 174 oe 182 23Y, 31% 13 1

. .

ams ams

otor Whi .... ullins Mfg B. Murphy G C .. Murray

HHH DH DE HE HE RRR HEE HEE RHEE HELE HE HEE

HHH

S Eng PJ 8 5 pf..

op t pf Vac .. Ya Nat Cyl Gas 2 1014 26

5 down: $7 calves, $10. 50@11: lambs, [email protected]. —————————————————

Chi iogp Stocks

Aro Equip CoOrp..... . ae Barber crsvare 13Y2 Barlow & BIg A «c.o00. 3 Berghoff Brew Borg Warner ... F &

id eefo sane Nat Batter cesssene 31%; Peoples G 382 Quaker Oats .116 Reliance Mig . Na Cladic on 17% Gomwl 1th Ed seco ene 175

U. S. STATEMENT

WASHINGTON, Feb. 11 (U. P.) —Government expenses and receipts for the current fscal Jer Foun eb. 9, com-

310. hy 345. 5 $4,518,300,883.60 3,697.960,210.20

sssscess

11% 110%

Xpenses - Receipts .

554,54 4.742,656,511.07 12.755.576,897.79 Customs . 1 198, $87,267.23 '247,728,383.76

INDIANAPOLIS S CLEARING HOUSE Plearings $ 2,549,000

De Clea ings for week . Debits for week .

FOREIGN EXCHANGE

NEW YORK, Feb. 11 (U. P.).—Following are closing cable rates on ‘major cur-

rencies. cable oe et

$4.68 11- 6 00116 ai *428 1i°ls F100 1°16

+ 0000, hi 16

land ( pound) .. Enel 60-d b.

(belg Be (mark). . jermany (tra. mk.) witzerl’d (franc) ..

Norway (krone)

LOCAL PRODUCE

avy breed broilers, 4% 1bs. and over, nder 4 1bs., 13c; Leghorn Jac; hens under C2 White Rock spring:

1% ibs. and over, 13c; colo ers. 113 Ins. 800 a%Wp. 126: Leghorn ers, 1} Ml and over, 1lc; Jeary breed hens, zp DE Shickens, 5. 1308 ‘old _roos gc. 1 strictly a: country run ngs c must | wel

Hea

over. 14c; each full

i. 21c es qu does by Nadiey 0)

__¥00D PRICES

—Apples—

Tennessee o shel hamos 05. a iE y shel

h—Texas.« bushel sleek Flosids Jugs. asking $2.25

Nat Sisters 2 pS SRST

T EF AC WAR EXPENDITURES IN JAPAN

ARMY & NAVY | OTHER GOV'T EXPENDITURES

003)0000000

= 0000000000 1936-37

000000000 ’ Scions Servica~Pictorial Statistics, Inc. 2.8

No. 12

Your Federal Income Tax

‘Ordinary and Necessary Costs in Business Are eductable From Income. Return,

” s 8 Deductions For Business Expenses Deductions for business expenses form a large item in the return of many taxpayers and must have certain qualities to be allowed. Such deductioh must be

Argent

Yesterday ....

Year Ago Years Ago 94.8 High Low .. High Low ..... High Low .. High 1936 Low .....

Port Gen El 4%s 60..,

Rich Oil 4s 25

So Col Pwr 6s 47... So Pac 4%s 81 Brooklyn M Tr 4%s 66

143-49 Ju sees 946-44

2% 1960-5 5 Federal Farm Mortgage es

1949-44 107.12 107.12

ms Exp ar 46st oo. gs 47 .

eg Corp 55 49 ....o.. 4 eg Corp 5s 44

d . Util P&L . 67 Warner Bro 6s 39 ....

Australia 5s 55 .. Australia 5s . Australia 4'2s 56 . Belgium 62s 49 .. Belg 6s 55 ...

¥ oi

Std 3k aaa ade

Den

sess

S 4 Schenley Dist .. 157 Schulte R ..... 4 Scott: Pap ..... 48 Sears-Roeb .... $0 Ine +... 153

&D .... |

Feb 4+] SErRssEsy S85 2 oe

FENESE

+++++: | 0. Faas

Ei =

-_.

3% Spiegel Inc

14 hi

oss

- NS

3. «

+4: +++ +

N. Y Bonds

Rails 58.8 58.7 59.0 60.4 65.8 100.5 61.8 56.9 70.0 47.9 101.2 69.3 100.4 84.7

Inds. . 86.3 . 86.3 esse 86.3 86.3

Ago Ago ....

ees 86.7 ie go 0.7818 74.9 cess 95.0 80.1

94.8 90.0

Edis 312s 58 Ave Adj Bs 60..

110% 115% MY .10834 104% & El 5s May 52 1013 Asl 4s 53........106 ..103 51

Corp 3%s 51...

U. 8. GOVERNMENT BONDS

Treasury Bonds »1043 1

Utils.

100.5 100.5 100.4 99.6 92.1 105.1 100.6 99.1 99.7 81.3 106.0 92.3 106.2 103.5

10 MOST ACTIVE BONDS Net Change Month Ago Yr. Ago

1% +% +% +% +% +%

wg +h ‘I'ransactions in all bonds approxi- " mated $2,830,000, against $3,220,000 a week ago. 8

Home Owners Loan Bonds

h gos 1949-39 ...... ...102.17 102.17 2 |3s 1952-44

107.10 107.10

Federal Land Bank Bonds .

id 1955-45. ...... i 105

38 May 3Ys May 4s July 1 DOMESTIC BONDS

High

.102 1

EB ds 48 2.01

: bhp SOO 0

NY Cen 4's 2 N Y Cent col Ske 0 v..

3 S$ 5% ues. i rear 102 107

los a

4%8 11 .oeveese .100 57

for an expenditure in connection with the maintenance and operation of the taxpayer’s business or business

properties; it must be an ordinary expense and it must

be a necessary expense. In insisting upon the latter qualifications,

the Bureau of Internal Revenue is upheld by the Board of Tax Appeals and the courts. Ordinary and nec expenses are only

those which are usual and essential in the case of similar tax-

payers, “and do not include extraordinary and nonessential expenses.”

Typical business expenses of a mercantile establishment are amounts paid for advertising, hire of clerks and other employees, rent, light, heat, water, stationery, stamps, telephone, property , insurance, and delivery expenses, ” ® 8 » 8 » ” . The expenses of a manufacturing business include labor, supplies, repairs, light and heat, power, selling Sost; administration, and other similar charges. The farmer may deduct all necessary expenses incurred in the production, harvesting, and marketing of crops, including labor, cost of seed and fertilizer used, cost of minor repairs to farm buildings (other than his dwelling), and small tools used up in the course of a year or two, A taxpayer may conduct more than -

Pana Tokio

fornia Srates, $1.60 $2.50

‘one business and claim the business deductions, of each.

- 5 age 84-011 am 1, 5 s0000 Bras a es

EeRSesauusainueses

bot ped ddl pbpet fd

Ronds 81.9 81.8 81.9 82.1 99.5 100.2 82.7 80.6 83.0 © 90.7 100.7 81.1 100.2 93.3

110 1% 60%

95%

cess

52 93

104.31 104.31 10.7 110.7 |Zg 107.22 107.22 10 110

160.9 106.9 107. 3 107. > 105. 105.1

107.12

102.17

A 107.10 A

eld . 08

et ht et fd ed 0] kd et -3

/ TOARAY +:coccecssvscccssacanse

AAA PAA EPC < —

DOW-JONES STOCK AVERAGES |

' 80 INDUSTRIALS TodAY ccevsceccovssccssscean 144.61 +0.93 Yesterday «os ie 142.68 —0.31 Week AZO «ooo eees 154.07 41.52 Month ARO cecscccsscesoesne 148.26 4-1.74 Year ARO ..c.cecveesens.... Holiday High, 1939, 154.85; low, 136.42, High, 1938. 188.41; low, 98.95.

20 RAILROADS Yesterday cesceccccccsscscse 29.93 -=0.0%7 Week ARO ccco.cossccsecnces 30.38 +-0.40 Month ARO .cecevcccccsscense 31.95 +1.01 Year AgO ..ccc.ccs.ossq.... Holiday High, 1989, 34.33; low, 27.98, High, 1938, 33.98; low, 19.00. 15 UTILITIES Today “8000004300 0%000060000 Yesterday

24.93 40.15 24.78 0.11 Week Ago ss0escsnsecsssscae 24.60 +0.25 Month Ago ecsn000000000000se 23.49 +0.99 Year ARO .....o0s00000000q.. Holiday. cco. High, 1989, 25 52; low, 15.14. High, 1988, 25.19; low, 1514.

Net High Low Close Change Shar ‘& D pf.. 49% Sha uck ... Ys

11 Un Oil .. 3

Sloss-S pf 109% Snider Pkg «.. Ya Socony-Vac «... 127% Am_ Gold 2% Sug 17% 24% io 267% 4

hid

1+H+: |

45%

Ya Sta Brand Inc of. 61% Std Jand is

. . . °

SF FESSESESE ¥ *

sess

109%

+1: +

Studenaker a 133 9Ys . 18% 6% ll 441; 1

+1] HHH

® se .

w 0 Sym Gould .. Sym Gould XW.

Texas Corp ....

Transamerica , 20 J om BX Fox . 2

T pt Twin Coach ... 10%

++: HHH] +H

10% 96% 82 §9% 11 16 3%

Union B & Po. Union Card ves Un

Jn Pac .e pn Pa Dire 'c. n Air L

nited Dru

CS ancnaaaaaa

ORiv “Ereins si 108 Univ Pict 1 63% Wa

vad “Sales .. % um 1! 28

ya um ick Chem . 40 Vitor Chem oe 25

+411 FREE

nN =.

Walker iB ces 11% Walworth . War Bak B.. 5 Warner Bros .. /es on & S.... 25% 103%

/ Pa E ; Bi up 21 8h In. 17%

1 3 10%

esting El aston a

Theel Steel ae /hite Mot .... Jilcox O & G.. /illvs Overla. nd Villys Overld pf in Ison & Co.., 4 Joodward Iron 30% Joolwort. oe Jorthington’ .e ain right Aero 110%

—y 18% 11% 10

+++: . c-

+i4F bride

. =

g Yong Sheet ... Young Stl Dr.. 26

+ &

vi ame Zenith Rad «... - 1134 nite 3%

Curb Stocks

Net Low Close Change 21 + Ya 23% 23% + is Vs

2% A . + Y% 6% 9

High Am Airlines .. - B04 Cyan B ... 23%

Ark N Gas A. Ark N Gas cu pt a Bath Ir Wks .. 6% Bellanca Air .. 3

ie ¥ Ly

5 + Ys 11% + Ya . 70% — 1s d.... 3% elon 36s © -— . 8%

7 5

1a Tins : 31% Yin Molybdenum 3 ve — 3% Nat Containe: . 330s vee 18% . 2%

323% 18% 2 —_ Ys

Pac 6 p Technicolor Un Gas Corp.

APPROVE LISTING OF :| NEW COMMON STOCK i:

NEW YORK, Feb. 11 (U. P).—

4 |The Board of Governors of the 73 |New York Curb Exchange has-ap-|yy

proved the listing application of

?|Copperweld Steel Co. to substitute |g % 431,714 shares of common stock, par |R

value $5, in lieu of 215,857 shares of

72 [common stock, par value $10, pres-

ently listed. it was announced today. The additional listing applications of the following corporations also have been approved by the board of governors, effective upon official notice of issuance: Bell Aircraft Corp., 40,000 additional shares of common stock, par value $1.’

Holiday

NEW YORK, Feb, 11 (U.P). —Major security markets of the nation will close Monday in observance of the Lincoln's

30.18 40.25)

RANGE NARROW AT PIT CLOSING

Cold Weather in Winter Belt Is, Constructive . Influence.

CHICAGO, Feb. 11 (U. P)—

: Wheat prices fluctuated in a nar-

row range around previous closing levels on the Chicago Board of Trade today. At the close wheat was unchanged to up % cent, May 67%; corn was unchanged to up % cent, May 48%. and oats were % cent lower, May 27%. ‘There was sufficient commission house buying of wheat to hold the market steady in light preholiday trading. Cold weather in the winter wheat belt had a constructive influence. Traders paid little attention to an easier Liverpool market. Local shippers sold about 80,000 bushels of cash wheat. There was little mill buying. Trading consisted mostly of evening up operations. Corn prices moved in a narrow range in a very thin market. Trading interest was small. Buenos Aires closed barely steady. Local grain receipts included an estimated 67 cars of corn and 10 cars of wheat. : The Board of Trade will be closed Monday in SelbHo of Lincoln's birthday.

CHICAGO GRAIN "RANGE

High Close +8 2

Low $ 87s § .67 Sta A i 8 - 68%

wen 49% ni 2T%b 28h 4478

«45%b 46%

J19%b JS19%b 14

Close $ 67% 87% 67% 68% 45%

A48Ys 49% 5

ThE

March «esos May sess July Sept. Oats—

AV cecenvse

escettee

261%

Mixed av on.

minal, on $6.25 nomial $5.85 leaf, $5.87 uominal;

a bellies, $9. 25 nominal. nal.

LOCAL GRAIN

CASH Wheat—Steady, receipts, 2 carloads; No. 1 red, 66%i@67@c; red, 65% @66%:; No 1 hard, 269 610; No. 2 hard, 65% @ i Corn—Steady, receipts, 18 carloads; No. 2 yellow, 41% @42%c; No. 3 yellow, 39% @ 41c; No. 4 yellow, 3812@29%¢; white corn, 2%.@3 cents over Yellow; mixed corn, %@ 2% See under yellow —Steady, recei wai 21% @29 Vac; No. . , 3 white, 2

AGON ON WHEAT city grain cl WA are paying for No. 1 2¢, other Rades on their merits. TL corn. new No. 2 vellow, 44c. Oats, 25c.

WINNIPEG WHEAT Close.

"635% .63%

25%2@27c.

Low $ $1 $ .6

Prev. Close .62 .62% 63s

| afl 8304

i ISSUES The following quotations by the Indianapolis Bond & Share Corp. do not represent actual 5a or offerings, but merely .ndicate the approximate market level based on buying and selling Quotations of recen’ . transactions. : Bid Ask

9 5¢

37% 54

Aus Jovest € tRR & Stock Yds com. Belt RR tock

Cent Ind Power 7% bp Home T&T Fi Wayne 1% vid. Hook Drugs Inc com........ nd & Mach 7% p ae ndpls Water Co 5% pid ... 1103 nl Hydro-Electric 1% oid. ne ..100

v |N Ind

Progress Laundry Co com. Pub Service Co of Ind 7% i” pfd 53% Pub_Service Co of Ind 6% pid 23 0 Ind G&E 48% Dp 95% Haute Title Elec Co com. Van Camp Milk Co Van Camp Milk Co com....... 10

Bonds

Amer Loan 46 . 7 Citizens Ind el 415s 61.. 102 Crabbe Reynclds- Taylor Bs 42 92 WwW 5% 55.......103

el Co 5% 60 7 Indpls Railway Inc 5% 67..... 54 Indpls Water re 105 Inter Tel & Tel 5% .o 98 Kokomo Wane Wks 5% 102% . 294 ..102Y2 ..100% 98

97 ..103% 10

Teymour Water W ..100 T Haute Water Wks 5% 100% T Haute Waier V’ks 6% 49...101 Tract Term Corp 5% 63%a Market St. Investment Corp. .23.17

(By M, P. Crist & Co.)

TUNE IN TONIGHT!

birthday holiday. New York security and commodity markets will be closed. Banks in New York will close and there will be no foreign exchange dealings, Livestock markets and most produce trading will operate as usual. Trading will proceed as usual in the Southern markets, including New Orleans cotton " and the naval stores markets at Savannah and Jacksonville.

INDIANA TRUST CO.

Allied With The Merchants National Bavk

PHIL BAKER

in a riotous variety show—

“HONOLULU BOUND”

with his stooges, “Bottle” and ‘The Man in the Box’

Eddie DeLange’s Orchestra The Andrews Sisters “Johnny Pineapple”

8:00 WFBM

SPONSORED BY THE HAWALIAN PINEAPPLE CO., LTD.

pts, 8 carloads; No. 21

TONIGHT 8:00~Phi] Baker, WFBM. 9:00—NBC Symphony, WIRE, TOMORROW 12:30—World’s Fair Salute, CBSNBC. 1:00—Magic Key, WIRE, 2:00—New York Philharmonic, © WFBM. : 5:00—Silver Theater, WFBM. 6:00—Jack Benny, WIRE. 7:00—Charlie McCarthy, WIRE. 8:00—Detroit Symphony, WF 9: 00—The Circle, WIRE.

"GOOD MUSIC" By James Thrasher

Tomorrow, through the vagari of program planning, we are to have a feast of piano playing. The radio schedule’s imposing list of virtuosos include Walter Gieseking, Myra Hess, Robert Casadesus and Henrietta Schumann. Considering the artists in chronological order, Miss Schumann will head the parade with an appearance on the Radio City Music Hall hour, 11 a. m. NBC-Blue. She is to play the second and third movements of Beethoven’s Concerto No. 4 in G Major, which the Radio City publicity calls “probably the most mysteriously illusive composition in the history of great music.” a n 8

Much less familiar, in fact, is the Rachmaninoff Concerto No. which Mr. Gieseking will play with the New York Philharmonic-Sym-phony at 2 p. m., CBS-WFBM-—al-though Miss Schumann performed it last week. This will be the first time the distinguished German pianist has been heard with the New York orchestra since November, 1937, at which time he also played a Rachi Concerto—the C Minor 0. 2. : John Barbiroli will be back on the podium tomorrow after a fortnight’s vacation. His program includes, besides the concerto, Berlioz? “Roman Carnival” Overture and the “Eroica” Symphony of Beethoven. ® = ” Z Miss Hess is to participate in

concert, which will be devoted Haydn’s music.- She will be he with two members-of the Pro String Quartet in the Trio in Flat No. 11. The Pro Arte playe have scheduled also the Qus Opus 74 No. 2 and Opus 76 No The broadcast is on NBC-Blue-

5 p. m, with WIRE Sanying last halt hour. ‘o

EJ 2 2 In the course of his Afth Ameri can tour in the last five seasons, Mr. Casadesus will stop off in Detroi tomorrow night to appear on th Sunday night hour’s broadcast by

that city’s symphony orchestra. With the orchestra, he will play the “Crusader’s March” and “Cru= sader’s Return” from Weber’s “Con= certstueck” and, as solos, the Minuet from Ravel's Sonatine, Debussy’s “Jardins sous la Pluie” and the Scherzo-Valse by Chabrier.

Connoisseurs hold the renowned Arturo Toscanini in particularly high regard as a Brahms interpre= ter. And since Mr. Toscanini has chosen an all-Brahms program for tonight’s broadcast with the NBC Symphony Orchestra, it should be . something of an event. The program is to open with the Fourth Symphony. Following this will come the “Liebeslieder” Waltzes for piano duet and mixed voices, Opus 52. The pianists will be Joseph Kahn and Eric Leinsdorf, the Metropolitan Opera's new and youthful Wagner conductor. Concluding the concert will be the “Academic Fes tival” Overture, 8 8 8 A composition by Harriet Payne, violist of the Indianapolis Symphony Orchestra, is on the Roches= ter Civic Orchestra’s broadcast program at 2 p. m. Monday, NBC-Blue, The work is titled Variations on an - Original Theme, and is scored for full orchestra. It was written in 1935-36. Miss Payne is an Indianapolis - native and a former composition pupil of Eugene Goossens, the Cinecinnati Symphony Orchestra's cone

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