Indianapolis Times, Indianapolis, Marion County, 7 March 1939 — Page 19

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og TN PEP J SP

— a oa

4 * Ra

€

££

. mixed industrial Iron & Steel was up 7.

tar THEW

HIGH SINGE 1337

INFIRM MARKET|

Most Other Leading Issues - Gain Fractionally; 8

Bonds Higher, NEW YORK, March 7 (0. P)—

A. T. & T. today advanced a point

to a new high since 1937 to 161%, featuring a quiet, firm stock market. Most other leading issues gained fractionally. Investment buying in

selected preferred issues sent them up as much as 2 points. A long list

-made new highs, including Colum-

bia Broadcasting issues, wich had: gains of more than a point each

Metal shares were higher. ‘Steels ;

held gains ranging to a point. Nonferrous metals were fractionally higher. Aviation issues rallied. Small advances were noted in mail orders, rails, oils, utilities and mercantile issues.

U. S. Bonds at Record U. 8. Government bonds edged

upward to the best levels on record

on the New York Stock Exchange.

Most ‘traded issues were at new peaks, while the others came 'with-

i in striking distance of the highs on advances ranging to 6-32 point. y Foreign dollair funds rose fractions

to more than a point, with central

- European issues in best demand.

Domestic corporate liens failed to

: develop a definite trend, prices hold- b . ing narrowly around previous clos- |; cond ing levels. tchison + quiet in all sections.

Trading generally was

Curbs Irregular

Curb stocks were irregularly higher under lead of utility shares.

United Gas preferred featured the Be

advance in power and light issues;

with a gain of almost a point. |

United Light & Power preferred and

. Electric Bond |& Share $6 preferred : were up % each. Utility common . stocks: rose fractionally.

American Airplines and Grumman had fractional gains in an irregular

‘aviation section.

Aluminum Ltd. lost 12 point in a list. 'Rustless

Lake Shore Mining lost a fraction

- against the trend in mining shares. { Eagle picher lead and consolidated |S - copper mines werg higher. shares were narrowly mixed in light [9

oil |& dealings.

“TAX PAYMENT

AVERAGE HIGHER

Collection of Delinquent Levies, However, Off _ From Year Ago.

NEW YORK, March 7 (U. P).—

The average city in the United

States in 1938 collected a slightly higher percentage of its current property tax levy than in 1937, marking the fifth successive year-to-year improvement, Dun & Bradstreet, Inc. reported today. The report disclosed, however, that collections of delinquent taxes declined sharply, with the result that total collections of current and

. delinquent taxes fell below the . year’s levy, on the average, for the Int P&P

first time in four years. . Average current tax delinquency for ‘150 large cities in 1938 was 10.7 per cent, compared with 11.3 per

~ cent in 1937 and a record delin-

quency of 26.3 per cent in 1933. The average collection—current

: and delinquent—amounted to only|Loew

99.8 per cent of the year’s tax bill, compared with a collection equivalent to 102.8 per cent of the total

; levy in 1937.

“The trend of combined current

. and delinquent tax collections in 1938,” the report observed, “is an

indication of a return to close to normal municipal revenue conditions, except in a minority of cities where, special problems still prevail.”

. BUSINESS FAILURES

EACH LOW LEVEL NEW YORK, March 7 (U. P.).— Business failures in the United

- States in’ the week ended March 2

dropped to the lowest level since the’ week ended- Dec. 1, Dun &

. Bradstreet, Inc., reported today, Total insolvencies declined to 2141,

“ |Fed Screw ..ee

LONG-DISTANCE

TELEPHONE , MESSAGES

IN MILLIONS AMERICAN TEL. AND TEL. CO.

Abbott Lab ... \dam

co Am Rad & SS.. 16% Am Ship Build. 32% m Smelt ..... 46} \m Plores ses T&T 116 8 33% 31%

4 4 4

Balt '& Ohio ... 63% Barnsdall . cesne: 11s

203% 27%

‘pt 99% 45, 17% 8%

Pac choses Caterpillar al oe nt Foundry.. erro de Pasco. hes & Ohio.. hes & O pf.. ilds ... hrysler

imax Moly ‘Co Neue ab esas + 2

9959300080 SEE

Coty Crucible St coos Curtiss-Wr Cutler-Ham

Deere & Co .... Dist Sea Dixie-Vor ex’ A Dome Mines . . 32% Douglas Air ... 80% Du Pont .......149

El Paso N G ... Eng Pub 8 .....

33% 11%

Yen Baking . Gen Electric ... Jen G&BE A .. Gen Motors 2 Gen Riy & U Gen Thtre Eq . . Gillette S R ... imbel Bros ...

G G G G

n H L Greyhound Cp

Hecker Prod ... Homestake . Howe Sound ... Hudson Motor . 11 Central .... Hupp Motor «..

sees

Int Harvester .. Int P&P pf .... Int Sh shar +8 Int T&T Int T&T For...

132

Kelsey-Hayes A. id §%

Kennecott ..... esge

Leh yal RR «eee Loft ae Fortiiany reas Lou & Nash ...

Mack T ar Men . 27 M d .... 53% Mullins pf ..... 41%

28% 6

Nat Biscuit .... 26% at Bis pf ....163 Nat Cash Reg.. 23%

D— 2h 33%

C11 oF 3

Net Last’ Change

119 11%

IN aaa ad

“een

HH [HH HE

Ap GD

BE We ®

oe . «0 oe »

+++]:

J . . . . . a iliee Ee ae

Mee REE

eno LINDON SS

38 Na

2614 i’ 231, - 12%

. .

40 261% 8 a, avd

PIE HE Fe +

EE Ee

ele ME anes

8 ty 23 149 .

33% 33%

11%

2% 2%

+++: + ne me

28% 357

28%: 36

Fae HHH] [3

27 32Ys 41%

52%, FEA

—Ne—

26 163 153 23% 23%

The following apolis Bond &

indicate recent transactions.

dpls from 217 in the previous week and |? n

260 in the corresponding 1938 week. Failures with liabilities of $5000 or more totaled 121 compared with 132 in the preceding period and 157 in the like 1938 period. Canadian insolvencies declined to 23 from 38'in the previous Week and 25 a year ago.

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

Ind N ind

a Laundry Co

0 Ind G&E 4.8%

Van Camp k Co Van Camp Milk Co

Amer Loan Bs 4 Citizens Ind Tel 4

omq Water Krusner Morris $810 Store Muncie Water Noblesville Ohio Tel C Public’ Tel Ci

Seymour Water Wks T Haute Water Wks

Tract Term *Dividen

By M.

SiiRe 4 8% fo’ oe

Wes 8 HL&P A ry % Richmond Water Wis 3 5% 49. ‘103%

T Haute Water Wks 6% 49.101 Corp . 65

Market St. Investment Cor { . Crist

LOCAL ISSUES

GJuotations by the Indian- Bell Ar

Corp.

sent actual gs or offerings, but merely the approximate market based on buying and selling quotations of

level

Stocks

e Bub’ Serv 52% pid. ub Serv 6% pid.. Pub Ser 1% pra...

Pub Serv Co of Ind 6% Tid, Pub Serv Co of Ind 7 pid...

> Haute Title “Elec Co Som. T Haute i nid eho

6 sseas 35 412s 61 1102 Crabbe ey olds Taylor 58 43. 5

13 [108%

‘eee 991 . ‘187 +.100%2

» 49 ..100

5% ...100%

24.38 ‘Co.’

| LATIN AMERICA

78 | YeSTertay oecosescsscscacess 148.84 is Week Ago seecesscssescccses 147.30 . Motith ARO coccsescccsvecses 144.10 4| Year Ago ..

* | Otis Stadt |Pac G & ‘| Packard .. “| Pathe Film ae.

3 0 7; | Swit 5 Co

5 Un Pacifle ct t Cp.

N.Y. STOCKS

By United Press

DOW-JONES STOCK AVERAGES

30 INDUSTRIALS 0.65 «4-0.68 0.93 eiesssssssscsess 125.33 0.056 High, 1939, 154.85; low, 136.42. - High, 1938, 158.41; loy, 98.95. 20 RAILROADS | Yesterday ococococeccscssiees 32.53 Week "Ago ®eve0se0eesccncse 32.48 Month ARO +oceveesessccensss, 29.98

—0.45

{Year ARO ccoscoscsoscssoceses 2155

High, 1939, 84.38; low, 27.98. High, 1938, 33.98; low, 19.00. 3 15 UTHLITIES Yesterday secisscesscssocsens 25.78 0.81 +0.25

Mor th Are o 200000000008000000 24.92 ==0.60

Ys | Year ALO ..evceroesnoqerssece 10.00 ==0.11

High, 1939, 26.09; low, 22.30. High, 1988, 25.19; low, 15.14. . Net High Low st Change 15% 27

L Nat Dairy .... Nat Distillers .. 273% Nat Gypsum .. Ba Nat Lead ..... 23% 1

Nat P & Li Nat Sup N Y Central os 20s N Am Avn ..., 17%

iO Oliver F Eq .» 26% 26% HLT ll fal iE, EC... 33 EH

20%

157 2 1 2 1 2 17% 1

tHE +

+++

4, 157 115% 9% >%~ :

& & oi 1iav oe

P Pure ofr eveece

Radio ve 3 Radio-K-OF "ae dt Raycnier ...... 1 Reyr Tob B ... 381, 2 3%8 fa 87% 39Ya 14% 13% 13

Safeway

44 1534 13%a 1 Vs 27% 27% ous 4912 81s ves 125. 135 =. vss 19 19 Ta Thompson Br oe + 31% 27%

Tide W A Oil 13% 133% Timken R B 43 6% S$%

Trancameriea oe Tri-Cont 20th Cent Fox. . 23% 233% Ua

+1021, 38%

8 7%

102% ’Y 35%

31% or 12%

ob bet, SEE

Pitts oe i Tebhnic olor 3 we

26% i 51 51, S .. 30% 30% Bk ... 28%; 281% | Woolworth coon 49%; 49%, —Y | Young Sheet .. 49% 40% | Zenith Rad ...

2 20

Curb Sticks

Low Lash Change

5 117 17 ; 24%

El Childs pf

oii * pckhe us ont . Ww un ed “1643s at P & L of 8%

N Am L & P pt 60 ac G E 6 pf. 321, Fen d

He 19%

Un Gas Cp pf. 85% 857%

New Business Books Available at Library

{ | The following new. business boks now are available at’ the usiness branch of the Indianhpolis Public Library:

CUTIVE

How 49 hes a Industries? xecutive compensation fluctuate ith sales and earnings?

I UR AN FACTS AND PROBEMS, ny lfred Manes—insurance ot only a business but as a psis of coonomic life.

LASOR S RISKS AND SOCIAL RANCE, by H. A. Millis and R.- } oe rr blems of unemploynient, industrial in sickness aonindustrial col ents; and indity and industrial old age.

ASHION WORLD uta Stevenson— 12 Shehiion york

n ine reasin ae iy woe I all - t ¢, pane in wl mera man

S IN _ ORGANIZALyndall . Urwick—‘"When

e gre es. hy. =

1, [Month Ago .... Ya i 4 1939 High .....

“1988 LOW ,eco0e

8 1987 LOW coeone

8 Z|Bendix Aviat .......... 2 ig | Butler Bros

4 | Cities Service

| Zenith Radio ..

NEW TREASURY

ISSUES PLANNED

Will Be Used to Refinance Notes Which Mature On June 15.

WASHINGTON, March 7 (U. P.). —Secretary of the Treasury Morgenthau today announced that $1,203,714,000 of 215 per cent Treasury notes maturing June 15 will be refinanced through issuance of three new flotations of Treasury notes and bonds. : Holders of the maturing issue will be privileged to exchange their securities until March 15 for 1% per cent Treasury notes, series B-1943, for 2%; per cent bonds of 1950-52, or for 23% per cent Treasury bonds of 1960-65. Cash payments of approximately $7.53, $19.75 and $25.30, respectively, for each $1000 face value amount o the maturing issue will be required | wp on each of the three conversion plans to provide adjustments on premiums and -interest. Maturing notes will be taken in at par, plus accrued interest. The new

4 |securities will be issued as follows: ¥21The 1% per cenf notes at 101 and |:

accrued interest from last Dee. 15, the 212 per cent Treasury bonds at 1021; plus interest from March 15, 1939, and the 2% per cent bonds at 1023 plus accrued interest from last Dec. 15. The 11% per cent notes mature Dec, 15, 1943, and are not subject to call. The 2% per cent bonds ma-

(ture Sept. 15, 1958, but may be

called on and after Sept. 15, 1950.

|The 2% per cent bonds mature Dec.

15, 1965, and are callable on and after Dec. 15, 1960.

N, Y. Bonds

BOND PRICE INDEXES

20 20 20 60 Inds. Rails ‘Utils. Bonds 8.2 622 -101.7 83.7 868 60.5 101.4 82.9 86.3 59.1 100.5 81.9 80.8 625 930 8% 94.5 100.2 104.68 99.8 87.2 622 101.7 83.7 1939 Low occ... 85.8 569 991 80.6 1938 High «.... 87.8 50.0 99.7 83.0 74.9 479 81.8 70.7 95.0 101.2 1060 100.7 80.1 @3s 923 811 1936 High ..... 94.8 100.4 106.2 100.2 1936 Low ...... 90.0 847 103.5 93.3 (Copyright, 1939, Standard Statistics Co.)

Yesterday cesses Week Ago .....

Year Ago ...... 2 Years Ago ...

1937 High seve

U. 8. GOVERNMENT BONDS Treasury Bonds

High 3s 1945-43 ..uvnnen.lIO05 11005 1H00C 3s 1952-49 ... =s+ 110.31 jie 110.31 bur: 2%s 1980-55 .........106.1 106 106.1 Federal Farm Mortgage Bonds 8s 1949-44 ...........108.3 108.3 108.83 Home Owners Losin Bonds 3%, Sas-39, vsssscess102. Jo 102.16 1952-44 .108. 108.1

3s ececnssse

DOMESTIC ‘BowDs

Low B & O ref 6s C 5 ses i 22 Beth Stl 3'2s 52 101% Can Na Ry as 55° 118 hi W Ind Ss 9312

99%

102.16 108.1

Last 22Ys 102 118 5 BY

% i 100% 87

4s 65 YX Cent, 4's 2013 .... 59% Qtis Steel 4's 62 . 8 Bn gn /28 .

107 59, 8 99% 94 106% 99% | R

775% 10108

Foi BONDS Argent 4s 72 Feb. coeee. 775% Australia 5s 57 jooeiie10lle fusiraiia 4's 56 .. 963,

Denmark 4%s 62 .e 941% Italy 18:51 ..cveseseess 65% Japan i od 54 cesvanenes 795%

* Chicago Stocks

Last

esenese 8% Cent Ill PS pf ceserens Tad, A Ke 8

19%

Comwlth Edison”! Caan . 21% Dixie Vortex ......,... 1012 Fox P Brew ..... 3

Midland United ....... 0 Amer ‘Car Quaker guia’ li uaker Oats cesnese Rollins Hos ? 15

sseccessnss Lesenscese 92 cereneve

FOOD PRICES

AGO, March 7 Mackint osh, wr Var s—Tennessee,

A eA ts—Illinoi ITOLS—. nn s, bu. Tao. Tom s2@2. nia, cr [email protected].

Canlifiower— eas—Cal-

crates, Oo gacksi-_Tiinois yellows, 008s: 1 3 3 Minnesota, Hao

vestments

st | with trade expectations,

4 Canada (dollar

1s | Sweden

TRADING LIGHT; PRICES STEADY

Dealers ‘Hesitate to Take Position on Either Side Of Market.

CHICAGO, March 17 (w. P.)— Wheat ‘prices held near previous

closing levels in light trading on the

Chicago Board of Trade today. At the end of the first hour wheat was unchanged to off % cent, corn off % to 4 cent, and oats unchanged to 1% cent lower. | Reports from the Argentine that congestion of wheat at terminals and elevators might force the Government to suspend acceptance of deliveries attracted considerable interest as to what the probable effect would be on the export szles policy. Local traders hesitated to take a position on: either side of the market. A forecast of unsettled weather in the winter wheat belt was responsible for light selling, There was demand for July wheat at 68% cents, Liverpool wheat closed 3% cent

easier most of the session. The March contract was independently firm abroad due to small tenders. Pressure of. Manitoba wheat and slow milling demand were depressing otherwise. Winnipeg wheat was about steady. Export business in North American wheat remained slow. The weather map showed little precipitation in the Southwest, but forecast rain or snow for most of the grain belt. Corn prices were easier under scattered local and commission house selling. Buenos Aires was off 1,-to 7% tent at noon, and Liverpool reported slow demand. It was reported that a few parcels of corn were sold for export overnight. Local receipts were estimated at 39 cars.

CHICAGO GRAIN Opening prices today on the Chicago Board of Trade, as reported

£ by Thomson & McKinnon, were:

ia July Sept. We 2 0.08% $.683%@.68% $.69%@.69%

Corn— 49 @.49% 30% S1%

Oats— 29

WAGON WHEAT | City grain ele elevators are payin for. N 5c; other grates on their a new No. 2 yellow, 43c. Oats,

Gast: corn, 25¢.

LIVERPOOL WHEAT Piev. re High Low Closes Close March, old . $0; 61V, $0. Lu $0. gi $0.61 March, new 58%, 59%

ia 63 a a0 637

PREDICTS U. S. STEEL OUTPUT TO BE DOWN

Institute Reports Weekly ‘Estimate Lower.

NEW YORK, March 7 (U, P.)— The. nation’s steel mills will operate at ‘55.1 per cent of capacity this week, a dgcline of 0.7. point or 1.3 per cent from the preceding week's rate of 55.8 per cent, the American Iron & Steel Institute Tepliried- oday. The rate last week was the best since Dec. 12 last year when operations were at 57.6 per cent. The rate a month ago was 53.4 per cent and a year ago 29.9 per cerit. The slight dip was about in iine but vas Sis) pointing nevertheless. observers reported, was lie to operate this week slightly below last week's rate, while a moderate increase was in prospect for the Chicago sector, Most quarters believe that operations will record encouraging improvement the balance of this month, partly in reflection of the good railway orders booked recently.

U. S. STATEMENT

WASHINGTON, March 7 (U. P.).—Government expenses and Tessipis for te cur=rent fiscal year infough arch 4, compared with a year ag his To ast Yea Expenses .$ 6,055,529,315.59 $4, 95! 543, 306. 2 ipts. 1 50 7

3,317.43 rk Bal. = 2,665.95 Pub. Debt. 39 9.931, 04 Gold Res.. 14, 907.6 .08 Customs. . 58: 1 '268,130,691.52

- INDIANAPOLIS CLEARING HOUSE

Cleatings secesteressansenseoses.. $3,744,000 Debits ..... 120.000

FOREIGN EXCHANGE

NEW YORK, March 7 (U. P.) --Following are noon cable rates on major cur-

rencies: abl Rat e os England (pound) Oe wEng. (60-d. b. rate). 4.88 318 4 00%, ar): .. 9 23-32 --.00 1-1 «-.0000%s - 00005 1.0000 1

Net Change 00%

G ( .p Germany (trv. mk.). Switzerland franc). Holland {Fulle sein iL esse Norway (krone) cec..e Denmark (krone)

PENN OIL PRICES. uP PITTSBURGH, March 7 (U. P). —The Joseph Seep purchasing

agency of the South Penn 0il Co. today announced increases of from

APDle%=| 10 to 12 cents a barrel in the price Dade. of Pennsylvania grade crude oils.

PHOTO—LITHO and PLANOGRAPH Prints’

AT CHICAGO PIT

lower at Indianapolis ‘today as. re-

higher to 3 cent lower, after ruling Sa

Pitts-|§]

Year 880 ...csoece.cvinnvcnssses113.03

Hogs Decline 15-25 Cents; 2 Vealers ‘Hold

Prices. "hogs © weighing - 160 ® up fell 15 to 25 cents , according to the Bureau of Aetloultural Economics. Top Drice. on 200 to 210-pounders was ‘$8.10 Vealer. “prices were steady yesterday's levels, the top Fo to: $11.50. Fat lamb prices held fully steady in'an active trade. Top of $9.25 was paid freely for several loads of good and choice. heavyweight fed lambs; bulk clearing from $9 to $9.25,

(All Receipts Are Salable) Top REcpts.March: Top Repts. 28 $815 5013] 3 .... 32 5310 March 5

1... 830 28 Ta 10 3... 820

Barrows ‘and Gilts

Feb. 7940

Packing Sows 275- 350 § 7.20- 3 331 Al 350- 425. s 7.10-" 10’ 47 $ Jan ra. ais. 35 550. 6.75- 7.20 180- 200." 8.00- 8.30 275-550. 6.50- 7.20 . 8.00- 8.10 Slaughter Pigs . 7.85- 8.10/Good sid Choice— 7.55-8.00{ 100- 1 $ 100-178 290- 300. 7.25- 7.75 Medium. 6.50- 7.25

GATILE (Receipts, 0 Stee

Choice 750- 900 $11. 0-12.80 900-1100 11.50-12. -1300 11.50-12. 18 d—

| 750- 00, 9.25-11.25 900-1100. 9.50-1150 1100-1300. 9.50-11.50 1300-1500. 9. 50-11.50

750-1000. 8.75- 9. 50| 1100-1300. 8. 75- 9.75! Common Fal Sr 50~ $00 50- 8.7% Heiters

Medium... 6.50- 7.35 oa com. 5.50- 6.25 yea lors

All Wei Choice ght iL, 00-11.50 Medium: , 10.00-11.00 11 and Quy 2nd. 5.50- 8.50 (Receipts, 662) 0iC 250- 400 3 3.0. 9.00 d = 9.00. Cho Medium... 5:00 7.00 750~ "500 $10.00-11. » Common 5.0 ig 6.00 750- "900. 9.00-1 Stocker Cattle Medium— 980 Steers pe 30-30. 8.25- 9.00 Goa 530- 900. 6.75- 8.25! 900- 1300. Cows m-— vee.$ 7.00- 7.50; 500-1050. 6.50- 7.00 Common. Common, .75--6. 0 Low ¢

utte and cutter 4.25- i

0.8 8.25- 9.25 8.25- 9.25

- 50- 8.25

Go ota ola .00- 7.75

500- 700. Common and edium. 6. 00- 7.50 SHEEP AND LAMBS (Receipts, 2835) Lambs

od. an choice. a 8.75« oo ed .$ Ewes

esessecss$ 3.95- 4.50 3.50- 3.76

ao 7.50- 8.50

6,25- 7.25

Good and choice Common and mediim esessesce

CHICAGO LIVESTOCK

Loin IR Lh Bn a Cc mos ; B. $8.1 ve od and choice 170-220 1bs., @7: good 400- p , 8 :[email protected]; lighter weights up to $7. Cattle—Rece pts, 7000; galyes, 130; steer and yearling trade steady to 25¢ lower: medium to_good grade eT with weight decline; yearlings very Bic! quality medium .50; very Hetle niched y ospeciive top around market less Ctv han Monday, increased a Jens

€ $12.50; due to moderatel

mainly 3; st scarce; fully steady at [email protected]. Sheep—Receipts, 8000; late Monday fat lambs very active, strong to 10c higher nen iday: Spots UR, oe on heavi er offerings; top. $9@ 9.25; 1 00-2116 1b. a $8. G03 1: (aa 's TL LE fat lambs steady to | sonchg: bulk, $9@9. 25; best held $9.35 upward; sheep, steady; good fed western ewes, $4.75.

OTHER LIVESTOCK

CINCINNATI, March 7 (U. P.).—Hogs— kel act saicables 2200; total, A200: maz ctive, ¢ lower; to 5" 250 105... $8: 100 10 140 ‘ibs, $6,500 725: bulk good packing sows, $6@8. Cattle—Receipts saleable, 500; pu 500; calves Leceipts saleable, 300; 300; market

5. 65; plain 6.85; few heavy sausage bulls to $7.50; top Vester: $11. SteepRecents saleable 100; otal, 100; market steady on very ng 1 ots choice 82 to SE. $8.75; good Wodled fed “es from. around mainly $2

PT. NE, March 7 (0: P.) ~Hogs— ass Ji 200- 22 bs. $7.95; “220-240 So; 150-200. 7 sis: és: 260-280 1 Ph So: 280-300 5; 300-325 1bs., $7. 5: 325-350 '1bs. or 10%: 140i% :, soi $7.30; 120-140" 1bs., $7.05; 100-120 S, Roughs, $6.50; stags, $5.25; calves, $11.50; lambs, $8.75,

LAFAYETTE, March 7 (U. P.). ma thet 25 penits lower: 200-220 ibs., 9 @8: 220-280 1 $5.00@7, 80: 280-335 '1bs., $7. [email protected]; 160-300 bs.” [email protected]; .50 n; roughs, $6.75 16.30051: Ty $8.50@9.

DAILY PRICE INDEX

NEW YORK, March 7 (U. P.).— Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for United Press (1930-32 equals 100): Yesterday .ceocceccecssssscnes 106.47 Week ago seosessarisrsessnsss100 90 Month 880 ccocesrarsesssssis 104.93

down; calves,

1939 high (March -6) sesccscoce .106.47 1939 low (Feb. 9) ...cc00000..104.63

LOCAL PRODUCE

Heavy breed hens, 15¢; heavy breed role, 4%, 1bs. and over, 13c: hens uner 4% lbs.,, 1l4c; Leghorn: hens, 1lc; arred snd White Roc springers, 1% bs. and over, 15c¢; colored springers, 1'2 bs. and up, 14c; Leghorn Broilers, 1'2 lbs. nd over, 1ll¢; spring chickens, 2 lbs. and

sters, 9c. y fresh country run , (8ES ) gh ross; a net n_of 15 Lr for ach full case under 54 Ibs. will be made. Butter—-Noc. No. 2, 26@

28 6h. Butterfat—No. 1, 23¢; No. 2, 21c, (Prices Quoted by Wadley Co.)

COMMERCIAL "BANKING

Understanding always ready to consult with business executives— be.they large or small—in the interest of responsible business.

Fidelity Trust Company

123 East Market Street

Member Federal Deposit Insurance Corporation

officers are

Wands invested laste by. the TENTS day of Deferniber Sar dividen lured from the FIRST day of December.

Now is the time to put your vagabond dollars TO WORK—in insured ea ety.

Dividends Paid July 1st, 1338, at - Rate aia i HE

RE Bond and Share Corporation

fig"

i The. line’ forms to the right for ‘Goodman's hroadca ;

{Spanish Town.”

295/on the Bob Hope show tonight at 9 ‘1a heckling act with Patsy Kelly. and

Bulls Tro 84 eT -$ 7.007.350 P

pigs, | 12:30

ON THE

TONIGHT

7:30—A1 Jolson, WFBM. 7:30—Information Please, NBC, 8:30—Fibber McGee, WIRE. 8:30—Benny Goodman, WFBM.

Benny 3b ‘at 8: 30 tonight, CBS-WFBM, : the Lyric Theater. The smart ones who get to hear the “king ‘of : swing” probably will have purchased. their reserved seats ‘ere this. ‘column Teaches the streets. i 2 to: interview

. Goodman plans I aan chief jitterbug, in the person of 12-year-old Paty, Aspinall, on his program orchestra will relia” and Martha Tilton will - “Got: to Get Some Shut-Eye” and lias

8 Judy Garland, the little girl ‘with the big voice, will turn comedienne

o'clock, NBC-WIRE, when" she does

the rest of tie Hope crew,

The Indianapolis ‘Symphony Orchestra, directed by Fabien Sevitzky, will feature the “Rambling Sailor” from Daniel Gregory. Mason’s. English Suite; 2 p.-m., tomorrow, CBSWFBM. Each week the: orchestra includes one American ‘work on its

gram. Mr. Sevitzky will open his: concert with the Symphony in D Minor No. 4, by Schumann, and will close with Sir Edward Elgar’ s “Enigma” Variations,

Who doesn’t nares same sort of an interest in income taxes? An analysis of the new income tax laws plus some timely suggestions on making legal deductions with which the average citizen is unacquainted will be, made by Charles Melyoin (9:45 o'clock tonight, CBS), Mr. Melvoin’s talk ‘is on “Income Tax Economies”—an alluring title. - He is an accounting professor at DePaul Universlty,

Guests with Al Jolsén tonight, 7:30 _ o’clock, CBS-WFBM, will be » 8 =

fnouncements caused by station changes INDIANAPOLIS

WFBM 1 IR (CBS Net.) (NBC-MRBC) Ten. Ton Before Senate L o tal nes

Homo Edition Basonology

Organ | Govt. Reports Dick Tracy Ralph Blane Easy Aces Varieties Walter Sheaa Newspaper of

ni ig Wingooe Jordan gon.

New: Tony & Bill Second Husband

Big, Town . Al Jolson

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. Men's Program

Johnny Presents

RADIO

Gracie Allen and George Bums. Gracie, it seems, plans to be as rbing ss possi . ;

Another. taste Dj streamline. is set for 8 o'clock tonight on N Blue when “Cox end Box,” comic mi one-act opera by Sir Arthur Su van and F. C. Burnand, will be pr

sented during the weekly t

series. : : Charles Ha n and Fred smith will sing § the tenor roles James John Cox, journeyman hate ter, and John James Box, journey man printer. Waltér Preston sing the role of Sergeant

and Harold .Sanfo 4 wil conduct Hg a

orchestra.

night, NBC-Blue. 2 ®’ ¢ There seems to. be a question

its traditional Prof. John T. School of Journ ern, will attempt swer at 4 p. m. tol He will review 1 subject of huntor Men and -Books”

by, wartime editor of the “Southern and William.

Day will highlight ule of radio broadcas the Children’s De

apolis radio activities of Publis schools. Zella Spence w = 10:30 a. m.

io the Children’s library, is in charge

8 = 8 - THIS EVENING - ed

(The Indianapolis. Times Is nos Seagousible for , Inacouracles in program ane

press time.) CHICAGO WLS-WENR 870 _(NBC Net.) Biltmore Boys Swin, time Landt Tri Vaughn 4 Leath

Don Winslow Molcolm Claire Rollini’s Or, Sports

Easy Aces Los! Zenon

Spor S ews | Music

American Legion Information lease

CINCINNATI | WLW 7 ; NBC ey

Han \ Terry ap Pitates Paul Sul vam Don Wins Lasers 9 or. = >

Lowell ‘Thomas

-| Inside Sports : Johpnie 5 Meg's Progrant.

We, The, People Goodman's Or.

Bugis

Fibber MoGee

Crumit-Sanderson

True Stories Doc Rockwell iL ”» ”»

Crymit-Sanderson Fibber MoGes

Dr, Christ! ian

Jimmie Fidler Sportsman’s Show

Bob, Hope

Uncle Ezra Carl Baker

Ames & Andy. Honek's Or.

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News James’ Or. Casa Loms or.

S92 | Polo | nnnn|aurs|anad i =

Kayve’s Or. Strikes & & Spares Barrie o's Or Pe

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Bernie’ s JO Tucker’s or,

WEDNESDAY

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INDIANAPOLIS WFBM (CBS Net) Early Birds

{NBC-MBC)

Devctions Markets

Tunes &, Taps

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INDIANAPOLIS WIRE 1400

9, Brigode s, or. .

Rhythm _School . Smoke Dreams

Vagiety ; Show Uncle Ezra ? Te Dreams :

aul Sullivan

Milly or. Fisher's gre / Ld

Henderson's or,

Musio » ” ” Unannounced

PROGRAMS

INDIANAPOLIS WIBC 1050

be 1 ’ Tabsrnagle Unannounced tor Year? ; snd Wagon

Breakfast Jam. ”» ”

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Richard Maxwell Yems

' Roun Apron "Strings

Baty 7, Ballin Eishion Footlights iy fod

Over Coffee Cups

Kitty Kell Farrell's KI itchen «.

Stepmother

Fact Finder Scatter Big Sister Life Stories

Ay City Other Wife Plain Bill

853 5303( 880388

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David Harum

Woman in White

IP ney Editor’s Daughter StTetime

"Matinee

Meet Author ’ ulia Blake n he Goldber, inda’s — ic & Sade arm ‘News . ad of asfe.:

Kay, Bartlett

pe Upon Time

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Mary McBride Nancy James Farm Circle

a’s Love Dr. Malone Markets ”» »

Farm Program Ne Brogn dlines

Manhattan Lenten Service

Betty & Bob Dr. Susan School of Air

Valiant Bett an tay Indpls, Symphony Swing Time

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Police Court.

Men and Books Zany Family

Navy Band

& Sade Gin a a

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Home Edition

” Unannounced

CBS-—-WABC, 860; WIR, 750; WHAS,

Sin in’ Sam

ws Hea Sportsmen’s Show WIRE Reporter Voice of Exper,

rogress Parade

Sieils Daas

Progra Minute \nterviews 7

MUTUAL—WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1

Noon Rhythms School for Brides Boy Greets Girl

Back Home Frank Dudgeon Sleepy Hol ow

Ana ha Hour

Ia News oice of appy G Food Quiz

mm’s (Daughter Giojels or. Lion

Pianorama Euythmakers Congert Hour

Ea Marin

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a Hatterfields ‘Club Matinee" e ul Kitty :

Swing Concert

Charlie Cook ZaZooZoology Old Refrains

Hawaiians

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KEY NETWORK STATIONS (Subject to change):

NBC-BLUE—WIJZ, 760; WOWO, 1160; WENR-WLS, 870; || NBC-RED-—WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ

820; KMOX, 1090;. 30; WSM, ooo,

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