Indianapolis Times, Indianapolis, Marion County, 23 March 1939 — Page 31

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STOCKS LEVEL OFF UNDER PEAK

OF DAY'S | PRICES

4 Majority of les Issues Sow

~ Gains; Interest Lags ln Market.

NEW:YORK, March 23 (U. P.) —| AR

The stock market held steady in

the early afternoon ‘dealings today | 2m at levels, under the highs made

earlier in the session.

A majority of issues showed gains, points. Advances of a point or more were: noted in Chrysler,

Douglas, U. S. Steel, United Air-|

craft, Union Pacific, Standard Oil of New Jersey, U. S. Rubber and Woolworth. General Electric, Du Pont and ~ International Harvester had small losses. The other leaders were down fractions to more than a point from their highs. Interest in the market lagged and trading was very light after the initial burst of buying, most of which was ascribed to short covering.

Rails Lead Bonds Up

Rails led a moderately active ad-|¢ vance in domestic bonds. Carrier liens moved up fractions to around 2 points at the opening

and backed down slightly from their

highs when early buying subsided. Shortly before midday gains ranged to around a point with such issues as Alleghany Corp., Illinois Central, Great Northern, Northern Pacific

and New York Central in best de- gol

mand. Curb Stocks Higher, Quiet

Gains of fractions to more than a point were recorded for curb stocks in quiet dealings. Sueh industrials as American Cyanamid “B.” Aluminum Co. of America, Fisk Rubber and Technicolor showed advances of around ac point or more. aviations higher on a gain of around a point. Aluminum Ltd, a high

priced industrial, rose 4 points to Co

117.

HOGS, VEALERS

REMAIN STEADY =:

$7.80 Top Price Prevails t

‘For Swine Weighing 200-210 Pounds.

The “steady trend displayed the g.

last few days prevailed in livestock at Indianapolis today, according to the Bureau of Agricultural Economics. The top hog price held to $7.80 on 200 to 210-pounders, and vealers sold at a practical top of $11. Fat lambs ruled steady to 50 cents higher.

March Top Repts.|March Top 18 ...$ 1495 HEE 24 1 7.65

1. 48s So00 B 85 8178

Repts.

18 20... Packing Sows

15- 350 6.60- 6.75 HH : 6.50- 6.85

Barrows and Gilts | Good and

425. 501603 8.85 1.18 42 ia: 456 80 -7 - 17.80 Mae 550 6.00- 6.50 - 20. TR Slaughter Pigs 250

Choice— 6.60- * 7.35 290. $ §10- 683

7.05- 7.50|{100~ 140 6.75- 7.15/Medium. CATTLE eselpte: 654) i By ulls C900 $11.00-12. soln Weights— on git I ae. 1s 1100-1300. ‘11.5 | Medium." 6.50- 7.50 9.50-1 50! We aa 11 50lan Weights— 9.75-11.50/ Choice -.$11.0 Medium. .

| Lum, 9. 00- 10. 00 8.75- 9.75! Cull an 3.95 9. common _ 5.00- 9.00

Calves a 50- 8. 50), (Receipts, 432) oice-— = Heifers Bo 400 » 00-2 9.00 |

Choice— 8 ood .00 750- 900 $10.25-11.00 Medium . 5.00- 7 00 Good — mmon ~~ 5.00- 6.00 Mo 900 9. 00-10.25 ediuMw= 8.50- 9.25!

Feeder and Stocker Cattle 550- 900. \ Steers mo R500 1.00 8.30 Cows | ium— ! | 300-1050 7.00- 17,75

£50. 900 Good ....$ 7.00- 7.75! Common Medium . 6.50- 7.00 Heifers

fommen 5.75- 6.5 50/cjead and Choice— | 700 $ 7.50- 8.25

Lew ¢ 500 & Ser 4.25- 5.75! Common and medium 6. 00- 7.50

SHEEP AND LAMBS (Receipts, 1326) ES Lambs

ood — 500- 800 § 8.25- 9.25 500-1300 8.25- 9.25

le 7.50- 8.25

Good” and ‘choice Go and medium Common

$ 9.00- 9.25 7.75~ 8.75 6.50- 7.25

Good and choice

; $ 3.75- 4.50 Common and medium

3.50- 3.75

CHICAGO LIVESTOCK

Hogs—Receipts, 9000: poarket. uneven, mostly steady to 10c hig $7.80; 00d od thoice, 160-230 Fe. FR [email protected]° 1bs.. 7.46@ 17. 2i -1b.

40-270 80butchers. [email protected]; good 400-500-1b packing is enler weights to $6.75 calves,

sows, [email protected];

less desirable: largely $9@11 3 grade, with onlv a few loads here at $11.50 and betstockers and feeders aL to weak, scarce: heifers weak, but cows strong. dcarte. fairly Atv bulls slow, ga at

ter:

50: ny class Tuiing 3 or week; steers LL to 25 cents lower compared Se aseipis. io in oo: Ite. Wiediiacd ceipts ate Wednesday ga, Tombs strong ents higher: top, wk ander 10 het $9.35@9. 50’ 100Sigh: eight Ss. [email protected]: todav's rather act ve, indications fully igher. Rumerois: offerin he 8.75; and above; sheen steady.

OTHER LIVESTOCK

s—Saleaple Recel 2600; ‘Total, S05 Marke 7.05 S00: AY T

15@25¢ 1d $9.65¢ best held Be $9. 90:

100-140 lbs. [email protected]

; pla

6.3 5@7; b 16. 3 ar tow top

100: total, 100.

stead ®on reseipts. supply; few me-

Se ns eli Se to. 35.80; grades - clipped ® offerings, $8.50 slaughter ewes §. WAYNE, March a8 (U. 5 cents i hers 2 220 4 $7. 785:

ba oe i Fh 4050 00-120 1bs. calves,

$9; choic

a0 i

SEE FINAL EDITION OF THE TIMES FOR OTHER LATE NEWS 3 close stock

Bethlehem Stee was up two A

corporation |Case

Beech Aircraft led &

9 | Hecker Prod

6.25- 8.60 |X

trade

top, £7.90;

comparable down;

P.) $7.65; 220- 0-340 240-260 1bs.,

‘NY.S

—p—

High r Redne esos 54%

leg i J 1 2 i

Nef Last Change : ss i +1

tse xv

ges

Mile chal Ia Bank Note n

HE]

Sa 85

ve Lo a

See,

Te im T & T 215 70 im Water WW. 11}

DERE ER HE

Calumet Ne a oe Campbell Dy . Canada Dry vie Can Pacific ....- 4

Ys 13%. 16% 43%

—00 ta rr

Gent Foundry .e Certain-teed ertain-td 8 pt.

8. Soe

NEENEES a - Q

390908000 3 - oe Fa

a —— a~

m. & 8 pf . 37 Gons Area : 3 Cons 31% Cons Edison of. 106%; Cons Laund . 114 Cons Oil .,... Container Con k

=~ DERE EERE REE HEE

Te papas

Crucible St Curtis Pub Curtiss-Wr Curtiss-Wr Cutler-Ham Deere & - Del Dev &

Co.... 21

14812

Eitingon Seh .. Elec Auto-L 33%, 117%

33a: 103; 13s

33 03% 103; 1% 13%

— 35% . 21% Gir «91% Ya

Equit Bldg ..

Fair Morse Flintkote Foster Wheel

oi 35 Ys

35% 24% 2 21%,

21%

Gannett I - en A

07a 51V 8 127% 22Ya

n Gen B 38%

{ Cn . Sea

das 2

QQAQQQAAQOQ ad 0

wR t West Sug ,.. L

reen H Greyhound Cp . 19%

105,

13% 31

—

« 14%

- o> ®~

‘ 105% Houd-Her B ..° 13% Hud Bay M&S . 31

Ill Central .. 14Y,

13%

Ftd FE FERRE

Sa Silver pf .. 95 t T&T .... T&T For. .

Jewel Tea 76 Johns-Man .... 88% Kan C Sou Kennecott Kresge SS - Kroger G & B. 3H

7%,

21),

rr vee toh v

Yesterday ..cocceeeees

Magma Magma Sug

% Packard

8 Paramt

Y, pullman Pure Oil

, | Reo . Reo ot Stl .

s | Reyn . % Richfield oir i

i, St Jos

Sloss She f .. 2 Bn p

f % | §

: Shiegel Inc pi . d Brands |.

. A Worthington

TOCKS -

By United Press

DOW-JONES STOCK AVERAGES

80 INDUSTRIALS Yesterday ..-cc.ceeiacesssss 139.51 Week AgO ...coposvess0cesss 147.54 ‘Month AZO .icccossscesccss. 14293 Year Ao ...ccvveiveneencess 114.68 High, 1939, 154.85; Low, 136.42. High, 1938, 158.41; Low, 98.95. 20 RAILS

m3. -0.12 0.29

28.96 3.42 29.83

Lessee =|. 08 Week Af0 .ocececcccscccnas Month Age sescesescrianecne Year Ago ...c0e0... seven nie see High, 1939, 34.33; Low, 27.93. High, 1938, 33.98; Low, 19.00, 13 UTILITIES Yesterday ..cococivancccnses Week ARO scceccecccsasccces Month AZO ccecicscescss.ccs 24.76 Wear Ago ...ocioviiinonanss. 131 . High, 1939, 26.52; Lew, 22.30.

23.26 25.21

78 | High, 1938, 25.19; Low. .5.14.

: ol High Low Last oh

Li & B .1 102 102 FA ll i 20% 39% , 44 46

sevens pl, oft, Tus . 22 a2} ou & Nash ... 49% 49

a EERSR

_e oe

ictniyre Pore . \icKeesport ... 13s ident Pet. 14%, idland 1° of Lo inn-Mo} ne . © ov

Olins i B. 5% Ne

M Mo M

+4: HEHE LL Eis Eee

Nash-Kelv ... Nat B Nat Cas! Dai

. . . s

A 5 Ya Nat

Nat Distillers’. os 3, Nat Gypsum .. 18 Nat Lead

37% 117 3 i: 1 %

317% 47

Ami No Am Am’ seen J

Ohio Oil .eeees Otis Elev Otis Steel .

a 3 oe 10s

sos Prunes

Pac G & El.... 317% Pacific Ltg .... ig

Pan~ a AltWaye 1314 Pic 0

8 a

oad

Patino Mines. . 101%

a he

Se hh SS

hil ‘Png pf.. Phillips pet Ll!

PHRF EE tHE

. ser

Public ‘Serv ©».

setae

Revere Sop as

Safeway

Pb Ebb E HEISE

s Lea Scheniey Dist. Schulte R . Sears Roebuie . Servel Ine iv Sloss-She

piegel Inc | :

Syming-Gould .

i Texas 8 uf Fro d o exas Gu ro Tex G Sul . 2

o: 18 vee 94% 94%

bo...

vite Mo Willys Overind. Nison & Co .

Yello w Tr

.e TVa Young Sheet .

. 1 43 A

1634 43%

o od

RR | Libby Mon &L 5%

Electricity. production in the week ended March 18 declined to a 10-week low but held a gain of 10.8 per cent over the corresponding 1938 week, the report of the Edison Electric Institute revealed today.

» » » The International Tin Committee suf export quotas on the metal for the second quarter of this year from 45 to 40 per cent of the basic level. The commitiee’s action, designed to correct the current oversupply situation and bolster the sagging tin price structure, was regarded in trade circles here as about in line with expectations. 24» . The steel industry ‘expects to operate at “not less than 60 per cent” in the second quarter of this year, compared with a porbable average of around 54 per cent for the current quarter, according to the Iron Age summary. The magazine observed that

“INCOME HIGHER FOR

NATURAL GAS FIRM

NEW YORK, March March 23 (U. PY. —The El Paso Natural Gas Co. to-

083.689 for 1938, after charges and taxes compared with $1,888,004 in 1937. The 1038 net income was

”» equal to $3.29 per share on 600,853 . [shares of common stock outstand- . |ing, compared with $3 per share on

593,743 shares in 1937. Gross - operating . revenues

$4,684,083 in the preceding year. operations and allied industries

by an increase of -13 per cent in gas sales to public utilities,” Paul

ahs Kayser, president, said (in his let$11;

ter to stockholders.

ASKS CO-OPERATION

P.).—In a reversal of his pleas for

Corp. and the West's leading fin-

ernment to co-operate with business, Four years ' ago, Giamini, the leading if not the only major

. Zenith Rad: Zonite

TODA oh BUSINESS BRIEFS

day reported a net income of $2,- t

in- : creased to $4,923,000 in 1938 from |i?

“Curtailment of copper mining |&!

FROM GOVERNMENT chi ’ SAN FRANGISCO, March 23 (U.|Ind 18

co-operation four years ago, A. P.|} Giannini, ‘head of Transamerica |&

Ir M ancial figure, today asked the Gov- Nob

tr Ebel PA]

« 172 1T1Y 3 3

steel production and demand have tapered off recently, partly because of the European situation, but emphasized that most stcel men look for an improvement in the next three months.

’ » =» The

tute estimated that all refiners had

ished and unfinished gasoline in storage at the close of the week ended March 18, compared with

a year ago. Daily average crude oil production was estimated at 3,384,1560 barrels against an average of 3,353,000 in the preceding week a 3,433,550 in the corresponding 193: week, . ££ x =

The Department of Agricultdre announced today approval in pringiple of a plan under which the Federal Surplus Commodities Corp. will purchase all wheat held under the 1938 wheat loan program to which the Commodity Credit Corp. takes title at the maturity of the loans.

LOCAL ISSUES

The following uotations by the apolis Bond sent i of ghare Sorat hy

Auto I tock uto Invest Corp *Belt RR & 8 “Belt BR & red + ig Cent Ind Pow Home

during 1938 was more than offset|Bro: Pub

esses 95 4's 61 ....102 ylor od a'9 % 85 .... 103

& Te okomio deo on 5%

2050 Wate Wks 69 6 an a,

8 el Co 4 2) ’ ich th 4

+0.26

—ih.13| +0.22] +0.24f

.’%| Maren (old) $ | March ijew) 4 | May (old)

’ ; | Yesterday o.... 86.8 **3 Week Ago -,.... / | Month Ago .. 4 | Year AgO .... 1, (1939 High ... 21938 High .....

511937 High +...0 95.0 4% 193% Low ...... 80.1

* | Ger | 4 ¢ | B&

a Warner Bro 6s 39

American Petroleum Insti-|E

a total of 87,201,000 barrels of fin-|S} A&E

86,350,000 a week ago and 92,303,000;

100° | +

WHEAT LOWER: TENSION EASES IN CHICAGO PIT

Liverpool, Winnipeg Ease; Corn Prices Also Decline.

CHICAGO, March 23 (U. P)— Weakness at Liverpool and Winnipeg and less concern over European political developments turned traders to the selling side and gave wheat prices an easy undertone on the Chicago Board of Trade today. At the end of the first hour wheat was off 3% to 2 cent, corn off 3% to 1, cent, and oats unchanged. Active selling: at the opening pushed local wheat prices off about 1; cent before the market steadied and trading quieted down. Support was ‘credited to lifting of hedges against sales of wheat to the Government. Prices held about steady at the decline. Weather reports from the winter wheat belt indicated continued fair and warm weather, and crop reports were generally favorable, except from Oklahoma. Liverpool wheat closed % to 3 cent lower on expectation of more liberal deliveries of wheat on March contracts and a slow cash wheat de-

+ | mand. Winnipeg lost a cent on early

selling and was % to 7% cent lower at the end of the first hour. Corn prices followed the trend in

7 | wheat.

CHICAGO GRAIN Opening prices today on the Chicago Board of Trade, as reported by Thomson & McKinnon, were: May July Sept. hala 17 67% [email protected]% $.61%[email protected]%

[email protected]% M1%@.47% 50% ats— 20% - BY toy

WAGON WHEAT City am elevators are paving for No. 1 red, 63c; other grades on their merits, Gash a new No. 2 yellow, 42c, Oats,

Cc. LIV EEEONOL WHEAT

Low s Sore Close. iA $ 2 HB ’ 58 tn 59Vs 61%

N. Y. Bonds

BOND PRICE INDEXES 20 20 20

a B0Va Ble 61%

60 Bonds 82.1 83.6 82.1 4.8 97.1 84.6 80.6 83.0 70.5 3100.7 81.1

Utils. 100.4 101.5 100.9 90.3 102.6 101.9 99.1 99.7 81.3 106.0 92.3

Rails 59.0 61.8 58.8 54.6 96.4 64.0 56.9 500 47.9 101.2 © 69.3 1936 High ..... 94.8 1004 106.2 100.2 1936 Low 90.0 84.7 103.5 93.3 (Copyright, 1939, Standard Statistics Co.)

U. S. GOVERNMENT BONDS Treasury Bonds

Inds,

87.6 86.5 79.4 92.4 88.0 85.6 87.3 74.9

2 Years Ago ...

1939 Low

1938 Low

Home Owners he Bon 1952-44 107.29 107. XT)

FOREIGN BONDS High L

French 7's 41 (German Ts 4 rman 528 65 Ital Pu Util 7s 52 Italy Ts 51 Poland 8s 50 DOMESTIC BONDS 1

m oT 3s Oo Joi. oy x 08: B&O 4's 60 Beth 8tl 30as 52; Can Na RY. ns

loc Vac 3} a 50

100%z 100%:

Curb Stocks

Net Low Last Change 107 107 +1

High Alum Co Am ..

s RL Air: . Blue Ridge Braz . Brewster A .... Can Marconi .. Carrier Corp ... Claude Neon Li 15- 16 Col G&E cv pf. 68 Col O&! 31

DHE

Ae i

Midwest Oil ... Molybdenum ... Niag H Pwr . Niag H P 1 BL. atv . 81

Tid

® 0 0 pubs

* ee

Ui Lt & PB

Chicago Stocks

High

Berghoff Brew ...cso.. Borg-Warner Brown Wo... eves Chgo Yel Cab ... Comwlth Edison Deere & Co ... Elec Household ....

Gen Motors ... Goldblatt Bios Tl Cent RE i

u eee 37 Marshall Brel eirsseee 1212 Mid West Corp Midl Ut 7 pr 1 Nat Batter West

1% 1%

LOCAL PRODUCE

bre hens, 1 peoigrs, 4) 4% fos. ae overs. ed

and over, 10: “colo ringers, 1%; ; and rp 4c: Leghorn he x 1% Ibs. oi olde: (Spring ch chickens, 2 Ne ann over, No. 1 strictly resn pou t 13c: each full ust ml es SSE! ross: a net deduction me 15 cena for each SHEEN Paton, . p. l Butterfat—No. 1, 7 Se 3c Boas 4

Prices quoted by Sadiey Co.) re a re

U. S. STATEMEN T

WASHINGTON, March 23 Government expenses and rece current fiscal year nrough compared with 3 ear uy

Yea: Expenses ..$6, 366. S01, Eg .. 4,303 410, a

f. 2 263 Hath 810, 24; EL

Bal. 2.788,973.454.98 ‘Debt. 39, 950. 2 994.73 374 2. 644.29 12. :119,420,261.42

Gold Res. 15,0 {Customs .. 900 80.997 966.397.73 ‘282, 1214, 148.24 INDIANAPOLIS CLEA OLE Clearings ARING = 563.000 Debits 7.320,

Passenger Cars

Ys for the arch

$3.08 08.30 4,

1,314,875,015.59 450,360,652.56

tas lacrylate, is | solid material. 2 the so-called -organic glass made

"WEEKLY INDEX oF BUSIN PREPARED oY ADUINISTAATIVE a a CORPORATION . NEW YORK:

TILA TEs sad +s Ese

%ee* 1%.

seed reed ea tee lara d til

111 peter er tort lt OL

“JAN. FEB, MAR. APR, MAY JUNE

JULY AUG.’ SEP. OCT. NOV. DEC.

Times Special

1938, considerably more hogs will be

PULLMAN PLANS NEW FINANGING

President Crawford Cites Dip in Production in 1938 Report.

NEW YORK, March 23 (U, P.).— Stockholders of Pullman, Inc, were notified today that a special meeting will be held on April 19 to consider a proposed plan of recapitalization, which already has been

% approved by the board of directors.

The meeting will be held in Wilmington, Del, immediately before the regular "annual stockholders’ meeting. Notice of the special and regular, sessions accompanied the corporation's annual report which showed a consolidated net income of $2,295, 829 or 59 cents a share for 1938, compared with $12,275,950 or- $3.17 a share in the prveious year, In his comment on 1938 operations, President David A. Crawford called attention to the sharp decrease in business of the company’s manufacturing subsidiaries. Revenues from the manufacturing business amounted to $239,933, ‘eontrasted with $9,059,115 in 1937, while in the sleeping car division earnings were $2, pi 267 against $5,650,927 the

preceding year. iam

TAXES, RECESSION

“iT EASTERN UTILITY

NEW YORK, March 23 (U, P).—

s| Earnings of the Columbia Gas & % | Electric Corp. and its subsidiaries in

1938 were adversely affected by the nationwide curtailment of industrial activity as well as by the larger proportion of revenues which the system was required to set aside for taxes, according to the annual ‘pamphlet report issued to shareholders toda The a pointed out that total gross revenues dropped to $92,968,358 in 1938 from $98,810,347 the previous year, more than offsetting the decrease in operating expenses from $74,769,297 to $71,814,601. : In addition it pointed out that total taxes took a greater percentage of gross revenues than in 1937, although the dollar amount was 5 per cent smaller. Unemployment insurance taxes for the year were 50 per cent larger than the previous

Consplidated net earnings, as previously reported, amounted to $10,230,747 or 31 cents a common share, against $13,573,490 or 57 cents a share in 1937.

+ CHEMISTS UTILIZE

WHEY LACTIC AGID

Times Special WASHINGTON, March 23, — Scientists of the U. S. Bureau of Dairy Industry have perfected * a process for making a transparent rubber-like substance from lactic acid of whey that has many promising uses in various industrial operations, it was announced today. Known to chemists as polymethythe water-white semiis! closely related to

synthetically and used for highway reflectors. It. is softer and more flexible than organic glass, however, but is very tough and elastic,

* DAILY PRICE INDEX

NEW YORK, March 23 (U. P)—~

4 pun & Bradstreet’s daily weighted price index of 30 basic commodities, | -

compiled for United Press. (1930-32

average equals 100): : Yesterday - 104.94

essnsssssseninenee

. Week ago sessehareatrnsusees 104.64 bs: | Month AZO ...veisersereanes 105.94

YEAr BLO .crer-sre-sossosses 111.00 1939 High (March 6) ....... '106.47 1939 Low (Feb. 9) 104.63

| colonial Thrift Savings Ace | counts are Insured by Government Agcy. up to $5,000.

Solonial. - Bavings & Loan

VINGS & LOAN BATION ES # South. mois 8.

AUTO TROUBLE CALL DON HERR liane 24 484 © hos Hour

1 = na’ s =n anes Mot Stat

KENTUCKY AVE. AND MARYLAND

e npiete

Complete Line =~

. Office Suppiles

For Week Ending March 13

More Grain-Fed Cattle Expected for Marketi ng

WASHINGTON, March 23.—Cattle producers are expected to market considerably more grain-fed cattle this spring and summer than last, but numbers of heifers and sows marketed will be smaller, the , | Bureau of Agricultural Economics said today. slaughter of cattle will be smaller than in the spring and summer of

Though the total

available, the bureau said. According to the bureau, the increase in marketings of grain-fed cattle will represent a sharp seasonal increase. These better grades of slaughter cattle will ake up more than the usual proportion of the total spring and summer slaughter supply. The smaller slaughter supply of

lcows and heifers will be a factor

tending to support cattle prices, as will the higher level of consumer demand than existed through most of 1938. The bureau pointed out, however, that: larger marketings of both fed cattle and hogs will be less favorable factors in the price situation.

PLANE OUTPUT IS SPEEDED UP

Glenn L. Martin

‘Matches Efforts of Foreign Producers.’

BALTIMORE, March 23 (U. P.).— The Glenn L, Martin Co, is turning out planes on a “war-time emergency” basis. to demonstraie that American .manufacturers “match the efforts of foreign. producers,” President Glenn L. Martin revealed today. Commenting. on the present highspeed prodiction, Mr. Martin said: “This peace-time demonstration of emergency production is being watched with great interest by the responsible officials of the United States - and foreign governments. Proceeding 24 hours per day in three shifts, this program closely approximates the ‘eondition which would face American industry during a war-time emergency. It is believed that a successful conclusion to this project will set at rest many of the current doubts regarding the ability of American aircraft manufacturers to match the: sfforis of foreign producers.” ~~

STAGE COACH GOING TO FAIR CONCORD, N. H., March 23 (U. P.).—A century and a quarter old four-horse stage coach built here by Abbot Downing will be exhibited at tthe New York World's Fair. It has been freshly painted and the panel designs are new, but the wheels and springs are the same,

O’Keefe, also farmers.

Co. i

can |’

TONIGHT

7:00—Kate Smith, WFBM. . 7:00—~Rudy Vallee, WIRE . 8:00—~Good News, WIRE. 9:00—Andre Kostelanets, § WFBM.

Grace Moore; "Metropolitan pets star and einema actress, will guest star tonight at 9 o'clock, CBSWFBM, on Tune-Up Time. She will sing “Puniculi, Funicula,” “I Follow My Secret Heart,” from Noel Coward’s “Conversation on" and “Depuis le jour” from. the|© French opera, “Louise.” Miss Moore who boasts of a 350-acre. farm, will exchange farmyard banter with Andre Kostelanetz and Walter

» » Rudy Vallee’s guest at 7 o'clock tonight, NBC-WIRE, will be James Hilton, author of “Lost Horizon,” and “Goodbye, Mr. Chips.”

® 8 =

"In a presentation of preview scenes from his new picture, “Sergeant Madden,” Wallace Beery will come to the Good News program at 8 o'clock tonight, NBO-WIRE, with Laraine Day and Alan Curtis. Meredith Wilson will conduct the orchestra in the original version of “Deep Purple,” which, you might be interested to know, was written six years ago by Peter De Rose. : SLE The Army and Navy Legion of Valor gold medal for “her outstanding Americanism” will be presented to Kate Smith at 7 o'clock ® 8 =

INDIANAPOLIS WFBM 1230 IRE M0

(CRS Net.) (NBC-MBS)

Before the House 1. U, Prosram Tea, Tunes Unannouneced Home Edition " " Varieties Christian, Science Toeliing Nick Trary

ma Safety Talk

Easv Ace yoeat Varieties

To Bill ony 4 lvira Rios

Joo Fenner

aSan|oaPa]lanan

-f ETE BO S| ele:

Kate Smith

”» ”»

Rudy Valles

Major Bowes

Good News

Musis Hall ” ”

» ,» ) Tune-Up, Time » ”

Social Security

News Amos & Andy Russe’s Or. News Baum'’s or. : Outside ”

Good hoon

Newspaper of Alr

"ON THE RADIO

tonight, CBS-WFBM, on her own program. It is the first time the medal has been awarded to a private citizen, #

The Legion of Valor, founded in 1891, is limited in membership to holders of service medals. RAlph be| Robart, D. 8. C., past commander: of the Legion of Valor, will make

| the presentation.

Betty Garde will star in an origie nal playlet as guest star on the program. Miss Garde was a member of radio’s first stock company. She is playing Emma Wallace in “The Primrose Path,” now on Broadway,

® x =

Florence George, Ralph Bellamy and Jed Prouty, film personalities,

{will pay their respects tonight at

the Bing Crosby program (9 o'clock, NBC-WIRE). Mr. Prouty is best known as “papa” in the Jones Fame ily series. : Bing’s songs will include: “Sly Old Gentleman,” “Honolulu,” “Genevieve, Sweet Genevieve” and “Little Sir Echo.” The Music Maids, now regulars at the Hall, will harmonize with Mr. C. in two of his vocals,

» » =

A special concert, will be presentgl by the symphony orchestra of rake University at 10:30 o'clock tonight, NBC-Red. Under the direction of Frank Noyes, the student orchestra will play the second and fourth movements of Tschaikowsky's Fifth Symphony in E Minor. The broadcast will originate on the campus of the University of De Moines, Iowa.

# * »

THIS EVENING

(The Indianapolis Times is not responsible for inaccuracies in program u nouncements a. by station changes after press Hine proge .",

Pike APOLIS

SHICAGY WELS-WE

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KEY NETWORK STATIONS (Subject to change): NBC-BLUE~—WJ%, 760; WOWO, 1160; WENR-WLS, 870; KWK, 1350. NBC-RED—WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670. CBS—-WABC, 860; WJR, 150; WHAS,

$20; KMOX, 1090; WBBM, 770,

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

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