Indianapolis Times, Indianapolis, Marion County, 28 March 1939 — Page 17

STOCKS RALLY FROM LOWS OF 170 3 POINTS

List Takes On Firmer Tone}

After Early Weakness; Bonds Irregular.

NEW YORK, March 28 (U. PJ). —The stock market developed a firmer tone in afternoon traqing today after a decline of 1 to 3 points. Some leading issues rallied a point or more from the lows. Most remained under the previous - close, however, and volume continued light. U. S. Steel, which touched 54% off 17%, came back to around 55. Bethlehem rallied a point from its low. Chrysler rose more than a point after sinking to 713%. Santa Fe equaled its low at 31%, off 11%, before: meeting support. Utilities recovered partially from a - decline of fractions to a point. Coppers, aviation sand electrical equipments were above their lows.

U. S. Bonds Irregular

U. S. Government obligations turned irregular in quiet dealings on the New York Stock Exchange today after an early advance to record high levels. Issues which had established new peaks on gains ranging to 12-32 point in early trade generally held those gains but other issues which had not been traded early sold down as much as 5-32 point from previous closings. Curb Stocks Down: Curb stocks lost fractions to more than a point today under leadership of utilities and industrials. Electric Bond & Share $6 preferred and American Gas & Electric had losses of around a point in the utility list. Other losses were fractional. Losses in the aviation list ranged to more than a point in Grumman. Lockheed had a major fractional loss.

HOGS CONTINUE STEEP DESCENT

Another New Low for ’39

Established at $7.40; Vealers Lower.

Hog prices at Indianapolis today continued their steep descent, the

top price dipping: to another new oa

low for the year of $7.40 on 200 ton 210-pounders, according to the|k Bureau of Agricultural Economics. Weights under 270 pounds were steady to mostly 10 cents lower, while heavier weights were mostly five to 10 cents higher. Vealer prices also declined, showing a loss of $1 from yesterday's levels, the top falling off to $11.50. Most of the fat lamb supply comprised shorn offerings scaling 90 to 95 pounds and sold 15 to 25 cents lower in a narrow range of $8.75 to $9.

March Top : Rcpts. [Maren Top a . 3 ix ..$3 7.60

. 80 5.50 23... 3.80 7.40 24... 70

Repts. 1000 9234 7655 b 1

Barrows and Gilts | Packing Sows | 275- 350 $ 6.50- 6.75 830-1 6.30- s 5 40. 6.00- 6

aug 5 95- 7.2 100 140. $ 6.50- 7.25 6.65- 7.00] Medium. 6.00- 6.75

CATTLE (Receipts, i

ulls All Wei gate G'd b’f..$ 7.00- 7.65 Medium . 2. ut. som.

Choice—~ | *750- 900 $i 00-12.50 900-1100. 11.25-13.00 3100-1300. i 50-13.00

00d ~— 750 500. 9.50-11.5 ers 900-1106. 9.75-11. 0A Weights 1100-1300 9.75-11.50] ote. .$11.50

Brazil 615s 27-57 ...... Canada 3s 67 Denmark 6s 42 .......0 gi

jg Auto Output a and Gasoline Sales

1923-36==0

50

o

$0

1931 1933 1934

URGES RESERVE

1932

_ Of Exchange to Aid In Wartime.

. AKRON, March 28 (U. P.).—P. W. Litchfield, president of Goodyear

accumulation of vast rubber reserves to assure a supply here in event of war through an exchange of American “loan” cotton with Great Rritain and Holland. ; He said the present stocks of rub-

ber in the United States and in transit amounted to around five months’ consumption and warned that a war would tie up. shipping, immediately affecting not only the tire industry but also the automobile, pewer and light industries, and many other enterprises.

N. Y. Bonds

BOND PRICE INDEXES

20 20 20 Inds. Rails Utils. Yesterday ..... 86.9 59.8 101.0 Week ago ..... 87.0 60.0 100.8 Month ago .... 86.8 60.5 101.4 hi 51.8 89.1 92.8 971.2 102.9 88.0 64.0 101.9 85.6 56.9 99.1 87.3 70.0 99.7 74.9 79 813 95.0 101.2 106.0 80.1 69.3 922.3 1936 High ..... 94.8 100.4 106.2 100.2 1936 Low 8 84.7 1035 93.3 (Copyright, 1939, Standard Statistics Co.)

82.6 82.9 | 92.9 97.6 84.6 80.6

Two 1939 1939 1938 1938 1937 1937

years ago. High ..... LOW eecee High ..... LOW ,..e.. High ..... Low ...e.e

90.7 100.7

U. S. GOVERNMENT BONDS Treasury Bonds

High

Low =ereee]10-00 0

3s 1946-44 ...

3s

248 3s 2788 2%4s 2%s 2%s Federal Farm Morigage Bonds 1964-44 109 DOMESTIC BONDS ‘High Am TT 3V45 66 .....0: 108% O 4s 48 7

3Yas

Young S&T 4s 48cv .. FOREIGN BONDS High

Argent 4s 72 Feb ...... 31s Australia Belgium 6's 49 ..

5s 55 108 4 BL 00%

veces

Brazil 8s 41

seseeese

German is 4

NEW YORK,, March 28 (U. P.).— Dun & Bradstreet's daily weighted price list of 30 basic commodities 5] compiled for United Press: Yesterday .......c....c0004..44.104.76 Week 880 ....covecnvvnnseess. 104.89 Month 880 «ccvevversessnaess.105.90 Year 880 .............000....11030]T, 1939 High (March 6) ........106.47 1939 Low (Feb. 9) .104.73

Chicago Stocks

edium— 10.50-11.50 750-1100. 8.50- 9.75] Cull an 1100-1300 8.75- 8.75 common... 9.50-10.50

Common Plain ves _ 750- 900. 7.50- 8.50! , (RectiS 890) Ent Heifers I $ 2.00 750- 900 $10.25-11. 00] Meaiuih S00:

Good— 750- 900. 9.00-10.25 gleqaer and 8.50- 9.953000... 2°

500- 800..$° 8.257.00- 8.50 \J00-1300. 8.25- 9.25 600-1050. . 7.00- 7. o> Common. 6.50- 7.0 e 5.75- 6. 8 Good 3h Cho Jom

530-900,

dL. Medium .. Fommon . Low cutter 500 & ri 4.25- 5.75 Luly and | medium.. 6.00- 7.50

SHEEP AND LAMBS (Receipts, 921) Lambs Good and choice ........¢e00. 9.75 Good and medium 9.00 Common 7.75

ses ean sess sain sessnee

Good and choice

ive 4 3 50-3 Common and oe ditii bessessn

5.00 4.00

CHICAGO LIVESTOCK|

Hogs—Receipts, 13,000; market, uneven, 10 to 25 Semit lower than Monday's aver5 to 20 cents off; top, $7.50; choice 170-230 1bs., $7.35@ 7.50; i 7% $7. 20@7. 40; 270-325-1b. butchgood 400-500-1b. light butcher kinds to

7000; calves, 2000; . choice and prime Bh bl Sh ou interests buying ra, at to. $13; kind

acking

6.7 ows,” $6. bd 40;

0158

7.50- 825 Relios :00- 7.75 Leath

..$ 1.50- 8.25 |p

High Acme Steel ......... rmour & Co .

sessnsns d West Corp .eeconses Midland ited sessass Minn Brew ..4...cee00 No Amer Can .. Norwest Bancp Penn El Switch A reese Quaker Oats ..... Rollins Hos tand Dredge pt unstrd Mch T Nalgreen Co Wisc Bk S8hrs

OTHER LIVESTOCK

CINCINNATI, March 28 (U, P.) Hops Salable receipts, 2600; total, ket steady to 5c lower; to! Ibs., $7.35; 100-140 1 [email protected]; bulk good packing SOWS, 0 3066. Cattle—Salable receipts, 500; total, 500. Calves—Salable receipts, 400; total, 400. Market fairly active. 2 fonerally 4 fully steady: part load good 1 $9.75: loa d 1000. Ib. a S, .50; $10.25; good

around 625-1 fed heifers, beef cows to a: bulls, scarce, bulk offered, [email protected].

L ) Marshall Field

C1518 ..154

2 10 oe 8% « 18%, 4%

vessse

43%,

Sheep—Salable receipts, 350; total, 350.

= | Supply practically entirely one sizable con-

Fo Ah lower; prospects steady to weak; stockers and feeders slow, steady, mainly | [email protected]; with meaty feeders up to $10.25; other classes slow, stesdy Io. Je eak: cutter cows, ¥ .75; thes: [email protected]: weighty sausage bulls : steady at $7.25 dog! veale cents higher at $9.50@11,

i TF i : r paid more freely Drice

8h eep—Receinis 10,000; late Monday fat | 9a

lambs, ; 25 cents

: probm $9.75; best Pheld 0 and above: indications steady on

LOCAL PRODUCE

Heavy breed hens, 15c¢; heavy breed broilers, 415 1bs. an dover, 13c; hens under #1 lbs, 14c: Leghorn hens, 11c: Barred and White Rogk springers, 1% lbs. and over. 15¢; colored springers, 12 1bs. and up. 14c: Leghorn broilers. 1% Ibs. and over, 11¢; spring chickens, 2 lbs. and over, 13c; old Toosters. AT fresh t C res. country run eggs, 13c; each full pase must wi Tbs. gross; a net ction each full case under 54. 1bs. Butter—No. 1, 27% @28c; . Butterfat—No. 1, 21c; No. 9c, (Prices quoted by Wadley Co.).

»

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

Ss. England (pound ) A (doll

signment of recently-shorn Western lambs: around 100 head choice 76-1b. clipped fed Western I $9; 290d and choice wooled lambs quoted from $9.50 to possibly, $10; some inquiry for spring lambs at $15 and down; slaughter ewes mainly $3 down.

FT. WAYNE, March 28 = P.)).—Hogs

cents pox 200-220 1

S.. .25; 0$6.35; 100-120

Toi stags, $4.75;

, o hs. . 75; NL $11; on aa $9.5

LAFAYETTE, March 28 market steady to 10c lower: Tbe iy @17.30; 240-280 1bs., $6.9 80. 355 Ios se i0te. .80; hs. £5 dow S10. Pigs. 7 roughs own. Calves, 30.30; lambs, $9@9. = Ye

FOREIGN EXCHANGE

NEW YORK, March 28 (U. P.).—Following are noon cable rates. on major curren-

cies Cable Rates Net Change

)' ..$4.68 5-16 —.00 1-16 ° (60-d. bill, ral rate) 467 s-10 —00 1- ae

—.00 1“0264 —0000 1-16

(U. PB $7.1

France (franc)) (lira) Belgium (belga) yermany inark )) yermany (tr. witzerland trac) Sweden (krona Holland feiaer) ¥ Norway (krone) .... Denmark (krone) Spain (franco pes)

FOOD PRICES

CHICAGO, March 28 (U. rn les— Michigan Mackintosh, bu. $1.50. weet Potatoes—Tennessee, bu. hampers, S15 05. Carrots—Illiriols, bu. 40@"0c. frends . Tomatoes—Florier ugs, $5.40 aujiflower—California, a $1. Sais d. Peas—California, h i Celery—Florida, cra

es

2081 11121

Spin-

QUOTATIONS

TS Ehetd ty

193%

RUBBER SUPPLY]

Goodyear Head Offers Plan 2

Tire & Rubber Co., today urged | 4 4

82.6] Cas

83.0

811}5

5 3 Cutler Ham ... 19

%8 | mast Ar Fines . 2 | Eitingon

. Fair Morse «.. Fed Lt & T .

DAILY PRICE INDEX [Sdn ©

Lehm Libby. Mei

1936 1937 1938 1939

lo Net Fish Low Last Change Reduce 5 — Alle “6p pt $30. 0% 1 1Gpp $30 xw 8% 30 w. 8% . 20Ys

rada Am “Bk Note pt. 547, sch 52

Am oe Am 41% 42

ab CGT 0 ON

at CO DD S

—- oa re

: 2g% Arm m’ AS Dry Gds 2 Fah sii hison . 2 Va

9 A

ific «os... 4% gan Pac * 83 4

Va él Corn td 6 of. 354 Ches & Ohio ai City I&F pf ... 85} ! | 31%

Clark Ea ... Colzate Fr. +15 Se cee i Bo sit

21% Ya

Com & S pf .. 55%2 Gons yh . 22% Cons Cig pf .. 8 Cons Edison ... 31% A .. 17

oty Crane Co T% Cork cupfxw 3514 Sons Zeller .. 115% Crucible pf .... 80% Curtis Wr ...es 57% ali Brac & Hud, edd 10% D Cc « “ aes

EN Dixie Vortex Al 32% 33% D glas Air ... 65% vp Lis Pont ......149% 148% Li jses L pf ...116 116 ; ? 3

#3 Ya . 322 11

19%

5% . 26%

Eaton n Soh!

Elec Auto L

s|El P & L $7 pf. 32 A Eng Pub S ...

34% ver el 23Y

841% 13 2 23% + 26% 26% Ge Ing. 4% - esl 13% , 17

Flintkote Food Mach ...

Wood- 47 Cable Electric Foods &E

ba

Motors . Refract Stl C pf... Time 6 Gen “leno Gillette S R .. Gimbel Bros Goodrich ...... Goodrich pf 48

Greyhound Cp. 10% 163 130 . 63 % 63% le

Ill Central .... uv a (Sentral L % 45% rR T 6's

| 51 Ys

Hecker Prod ... 12%

Hi 2 Homestake . 14%, 6 57% 5%

48% 50

Joie Narvestor., Int Hi 1 A... 5% Int Nickel 48% Int R C Am pi. 50

TIC aA ae

Kalamazoo S&F 16

Ligg & My B. Lima Loco ..

Loe Loft, Inc Lone Star Cem. 50% Loose-W Bis ... 20% Lorillard 22

athieson | cKeesport ead COrp «ss. iami Cop +... 9 ident Pet .... 14%,

“he 183%

M M M M M M

Nash-Kelv cess ¥8 | Nat uit.

Bisc Nat Nat Dair; at I

N No Pacific Qe 8% . 18%

"8% 18%

s— | Ohio Ofl ....... =| Omnibus Otis Elev

TODAY'S

Business failures in the United States in the week ended March 23 rose to the highest level since the week ended Jan. 26, Dun & Bradstreet, Inc., reported today. Insolvencies totaled 301 against 259 the preceding week and 274 the 1938 week.

ses ae

® 8 2

Retail display advertising in the week ended March 15 rose over the corresponding 1938 period for the third successive week, Advertising Age reported today. The publication stated that newspapers in 80 leading cities carried 20,141,260 lines of retail display the latest week, compared with 19,730,851 the 1938 week, an increase of 2.1 per cent. 8 8 = The nation’s steel mills are scheduled to operate at 56.1 per cent of capacity this week, the highest level since the Dec. 12 period and 0.7 point or 1.3 per cent over last week's rate, the American Iron & Steel Institute reported today. f 8 =n ; The price of export copper yesterday rose to 10.30 to 10.35 cents a pound, C. I. F. European base

market Sn. sack - $1: Mich own]

"N.Y. STOCKS

Bv United Press

2 | Paramt_ Pict

3 | Pere.

Al Un Air Lines ..

8| Young Sheet ...

4| Zenith Rad

1931 1932 1933 1934

Indiana

DOW-JONES STOCK AVERAGES

30 INDUSTRIALS Yesterday ... -0.41 +2.13 +0.68

-5.33

Month ag0 .ceccececenss Year ago High 1939 154. 853 ow ‘136. 42, High, 1938, 158.41; low, 98.95. 20 RAILROADS

Yesterday .... Week ago Month R80 .cccovivvsansnses Year ago ..... ssesansassinee High 1939 34.33; low 27.93. High 1938 33.98; low 19.00.

15 UTILITIES

Yesterday soecececescscccece Week ARO .ccegessesncccccse 24.17 Month ag0 s.cccssveesosnses 25.85 YeAr ARO sesecsssnccsoness . 115.33 High 1939 26.52; low 22.30. High 1938 25.19; low 15.14.

29.74 30.01 32.48 19.23

sessssssssscee

23.88

Net High Low Last Change 1034 105s 10% — Ya 612 61s 61s — 1%

—D 117% 3%

Otis Steel ..... Owens Ill Gl...

Pacific Mills .. Packard

Falke Jie .

Pen “Ma nr of ba Phelps Dogg. - « 36% Phil Morris . + 93% Pierce O pf. . Pitts & Ww VA.. 1 Press Stl Car.. oY. Public Serv yer. 34% Pub Se pf...155

Pub Sor % ol 135 Pullman ...... 30%

Republic Stl . Revere 2 Sop:

Riohaielq on =: Ruberoid

Safeway . St Jos Lead ...

Studebaker ... Superior Oil

os

Texas Corp .. Tex Pac L T .. e 130 .. 1415 421, 3%

21% i, «18 78 y 98% ® 967% 37 10% 2% 35 12 413, 41% . 99 99, 54% 54 —— 214 1 857

Trans West Air

20th Cent Fox.. 21%

Union Carb .

United Corp United Cp pf.. 35

12. 413, 41%, 99, 54's

Yabash pf A.. aldorf Svs .. EL Bros .. 5% Varner Br Df. 504 Jalkesha, M Mo} iL Ya

Vest Onion, Au rest Air Bke.. 24

2 612 5% 502 18

6 ih

23 20% 4 991% 9% 20%

=] fs<€g3ss3 2

10% foodward fron 20%

Yellow Tr 16% Young S&W ... \ 1a

16% 14Y> 42%

we 112

Curb Stocks

High 4Y, 108% 4 «21 3% 23%

Net Last Change 4Y, 1s Ye 211, 33% “ aie

Low

Aero Sup B ... Alum Co Am Am Airlines .

-— 1% 3

i 1+ WR

. -

Bellanca je: “ Bra 27 T L&P

Brewster Aero. . . Brit Am Oil ... Buff NEP of... 22 Bunker Hill%S. Can Marconi .. Carrier Corp .. Childs of Cities Serv .... Cities Serv pf . 52 Claude Neon Lts Col G&E c! Col O&G

oF poy BREE ps

11111): lad . 1 si =

SEE LLLELE EEL:

Pennroad .... Pitts P1 G1 ....1 Premier Gold Sherwin W i... Taggart Cp i... ToRnRCOloy Un Gas Corp... Un Lt&Pwr A..

BUSINESS BRIEFS

Wright Harg ve

ports, the highest range since Jan. 10, and compared with 10.30 cents Saturday, 2 ” os Total outstanding credit of Federal Reserve member banks in 101 leading cities fell 80 million dollars in the week ended March 22 to $21,742,000,000, according to the weekly condition statement issued by the system today.

#8 =n 8

Financing for the "Farnsworth Television & Radio Corp. was begun yesterday when 600,000 shares of common stock, priced at $6 per share, was offered to the public. Part of the cash proceeds, according to company officials, is to be used for the purchase of business properties of Capehart, Inc., .at Ft. “Wayne and General Utilities Co. at Marion. Television receiving sets manufactured by the firm are expected to be on the market by this fall,

1935

7 | basis employed by the respective Yp|companies in the valuation of their 8 lassets rather than an indication of

# Publisher Charges Bonus

is| Walter D. Fuller, president of the

| Council, charged today. | from $100 to $200 a person, in addi-

4|for Government to pursue at a time

1936 1937 1938 1939

University Bureau of Business Research.

ASKS ASSETS BE REVALUATED

Insurance Official Hits at Present System of Rating.

CHICAGO, March 28 (U. P).— Ernest J. Howe, chief financial adviser, insurance section, Securities & Exchange Commission, yesterday urged a revision of standards of life insurance company investment valuation. Mr. Howe, addressing the American Life Convention here, declared present methods presented “a picture of overvaluation in insurance company assets which certainly should be rectified.” “Reported gain or loss figures are in large part a reflection on the

total gains or losses realized through Ajactual sales,” he said. Mr. Howe questioned the present 2 | praciice of carrying all classes of bonds at amortized values.

HITS EFFECT OF

Offered to Reduce Employment.

PHILADELPHIA, March 28 (U. P.).—Social security, workmen's compensation and other new taxes “in effect are a Governmental offer of a substantial bonus to employers | to discontinue marginal employees,”

Curtis Publishing Co. and member of the Social Security Advisory

“Concerns can obtain a bonus of

tion to the wages saved annually, by cutting people off the payrolls. This seems a strange taxing philosophy

of great national unemployment,” he said.

PERMISSION GIVEN TO EXAMINE BOOKS

"WASHINGTON, March 28 (U, P.). —Securities & Exchange Cominission counsel announced today that Ttransamerica Corp., Pacific Coast investment firm, has agreed to give

the SEC full access to its books and records and those of its subsidiaries. The agreement, however, does not include access to books and records of the Bank of America. ‘ Bank of America has appsaled to

Appeals an adverse ruling in its ination of its records.

U. S. STATEMENT

WASHINGTON, March 28 Government expenses and receipt current fiscal year through arch 25, compared with a year ago: This Year Last Year

Epenses 38, 665,160,366.49 %. 442,798,784.33 Receipts .. 4,37 ,002,340.86 4,759, gle. 329. 6 Gross Det. 2.204, 58,025.63 683,762,257. Def. 59, 431, 7 » y + 574.07 37.4 274.18 ,103, 32.61 12,784,982,351.08 234.697.141.50 286,191,374.07

U P).— ts for the

Customs ..

INDIANAPOLIS CLEARING HOUSE

Slearings «....oeces .$2.572,000 ebits sss esestnc hasnt 3 one 008

casas

New Business Books Available at Library

The . following new business books now are available at the business branch of the IndianBolis Public Library.

URRENT ECONOMIC DELUSIONS AND THEIR PROBABLE EFFECTS E. C. Harwood—‘Criticism of Ny ot who muddy the waters of economic controversy with erroneous statistics and fallaclous reasoning.”

MERCHANDISING TESTING AS A GUIDE TO CONSUMER Mabel Taylor Grasse there some rational basis which consumers can intel lgentiy’ Ytorcongs the satisfact tion which merchandise will give

ITH OF MONOPOLY, by W. J. Kammitzer—The petroleum industry under a competitive: system of economy and a democratic form of government.

TECHNICAL JOURNALISM, by F. WwW. Beckman—Especially for journals | ists with agricultural, economic or engineering training. r

PRESS ON! AND OTHER GOLDEN MESSAGES FOR SALESMEN, by T. Russ Hill.

ECTORIES FOR THE BUSI. . RE Ih by Special Libra-

SOCIAL LEVIES ™

the District of Columbia Court of |:Belt fight to prevent SEC public exam-|E

“RISE SLIGHTLY IN CHICAGO PIT

Corn, Oats Also Go Up in Sympathy With Gain at Winnipeg.

CHICAGO, March 28 (U. P.).— Wheat prices firmed in sympathy with Winnipeg, after a slightly easier opening on the Chicago Board of Trade today. ] At the end of the first hour wheat was up % cent, and corn and oats were unchanged to % cent higher, While moderate precipitation was reported in the winter wheat belt, it was believed that the lower temperatures might cause some crop damage. Snow and rain were received in Kansas, Nebraska, Oklahoma and Texas. Liverpool closed. % to % cent higher on late covering. higher &

Winnipeg was 3% cent the end of the first hour, and Kansas City was up % to 3 cent. Corn prices held about steady, with some support credited to export interests. May corn was sold on resting orders at 48 cents.

CHICAGO GRAIN

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

Thomson & McKinnon, were: . May July Sept

oe VW A067% @.67% 50.61% @.61% 50.68% Corn an D%@.49% 50%@.50% 26%

Oats— "297: @.20% Rye— 41%

Seecacense ttseeetoes

WAGON WHEAT rain elevators are paving fae. other grades on their 2 vellow, 42c.

for No. merits. Nats,

City 1 red, Cash corn, new No.

LIVERPOOL WHEAT

ev. : High Low Close Close March (old).$ 60% § 50% § 60% § 30% March (new). .57% .37% = 57% .51% May" (old)... 60% at 80 new)... . 78 . 58% uly 60% 6172 .61

31 ne 50% 61%2

U. S. TRADE ESCAPES EUROPEAN TURMOIL

NEW YORK, March 28 (U. P.).— Tangible repercussions of European developments on conditions in the

United States thus far have been confined mainly to financial markets, the Guaranty Survey, publica-

New York, said today. “The general level of domestic trade appears to have been well maintained and even to have risen in some important lines since the beginning of this month,” the periodical declared. “Some industries are at or near the seasonal spring peak of operations; and certain branches of retail trade have felt the usual stimulus of the approach of Easter, although this influence has been offset to a considerable extent by un-

the country. “With allowance for these factors, the general tendency in domestic

ity, rather than expansion.” .

LOCAL ISSUES

The followin the Indianapolis Bond & 0 not represent actual as or offerings, but merely indicate the approximate market level based on buying and selling quotations of recent transactions.

‘ Stocks

Auto Jnyess Corp Va R R & Stock Yds com. . 51 ock p 52

sees

g gJiotations b Corp.

Ask 54

Bid

mp i Van Camp Milk Co com. eseny wee Bonds

Amer Loan 5s 38: Citizens Ind Tel 44s 1 Crabbe bol tatios 5s 42. 92 Home T 5 vee 103 Home T&T Ft W o% 43..... Jo4 n Asso Tel 6% 51 nd Tel Co 5%

Muncie Wat Nobiessille HY&P i

Tel Co . Bubiic F Tel Co 4%% 5 Richmond Water Wks 555i 49..103% eymour Water Wks 5% 49...100 [ Haute Water Wks 5% ..100% [ Haute hig Wks 8% 49.. %

n

end. Market St. Investment Sor. (By . Crist Hy

tion of the Guaranty Trust Co. of

favorable weather in many parts of|

business appears to be one of stabil=|

Enjoy new Hearing with the new

ORTHO-TECHNIC NEARING AID. Powerful, efficient, economical operation. Easily, inconspicuously worn.

AUDIPHONE CO. OF iND., INC.

1104 Fletcher Trust Bldg. LI-5098

rie Association.

. Intered ‘SAFETY

As ADEQUATE Income

When you consider the

purchase of a home, WITH. OUT ONE CENT OF COST, you can learn from us if it can be

financed.

: When loan is made, the expense of closing

is very

ioderate. With such savings possible,

remember to make Railroadmen's your FIRST

stop for a Home Loan.

7s

Limited to Marion County

7:30—Information Please, WENR. 8:30—Fibber McGee, WIRE. 8:30—Benny Goodman, WFBM. The final concert in the weekly broadcast series by Fabien Sevitzky and the Indianapolis Symphony Orchestra, set for 2 p. m. tomorrow, CBS-WFBM, has been canceled. Instead, Premier Edouard Daladier of France will talk. The French Premier is expected to reveal his Government’s answer to Premieér Mussolini’s demands upon. the French colonial empire. Following his talk in French, H. V. Kaltenborn will make comments in English. 2% = Dick’ Powell's “Tuesday Night Party” will turn into a family affair at 7:30 tonight, CBS-WFBM, when Dick has his wife, Joan Blondell, for his guest star. Martha Raye will be on hand for'a surprise number. » 2 ” Gloria Sileo, 11, who came to this country from Spain two years ago and has spent her years in America as clearing house for mail from friends abroad to relatives in the U. 8. will tell of her “postmaster” duties on the “We the People” program at 8 tonight, CBS-WFBM. She will be interviewed by M. C. Gabriel Heatter.

” 2 » Akron, O., will be the scene for Benny Goodman’s program at 8:30 tonight, CBS-WFBM, where Johnny

Mercer, master of ceremonies, will introduce special lyrics for Akron jitterbugs. tJ 2.»

“Inside Stories” billed for 7 tonight, NBC-Blue, are those of a New York model who has been

times, the first woman judge south of the Mason-Dixon Line, and one of the three living survivors of the supposedly cursed expedition which opened King Tutankahmen’s tomb. Tom Terris, motion picture di« rector, world traveler, will reveal the “lowdown” on the “Egyptian curse” which is said to have snuffed out the lives of 12 of the 15 persons who took part in opening Tutankahmen'’s tomb. Sheila Kerry is the muchkissed model and Judge Camille Kelley, Memphis, will tell how sha “dispenses justice from the heart.” ® t 4 8 Lupe Velez will be guest star at 9 tonight, NBC-WIRE, on Bob Hope's show. . . . “Two-Ton Tony” Galento will take time out from his “training” for the championship bout with Joe Louis to banter around a bit with George Jessel on the “For Men Only” program at 7:30 tonight, NBC-WIRE. . . . George Gowen, drummer with Guy Lombardo’s ore chestra, thinks he is frustrated because he never gets the chance to “give out on the hidebeater” on account of Lombardo’s style of sweet and light music. So at 9 tonight, NBC-Blue, he will get his chance-to “cut a rug” via drums on the “If I Mad the Chance” program. . + » One-half of the Kaufman and Hart playwriting team, Moss Hart, will make his Information Please debut at 7:30 tonight, NBC-Blue. Another guest, not a newéomer, will be Rex Stout. ® 8 8 Don Marquis’ “Sons of the Puri tans,” a much talked-of novel, will be reviewed by Prof. John T. Frederick, Northwestern University’s Medill School of Journalism, at 3 p. m. tomorrow, CBS, on the Of Men and Books program. He also will review William March’s collection of short stories, “Some Like Them

kissed publicly more than a million » 8 2

INDIANAPOLIS (CBS Net.)

To, ren

Christ. Science

1400

sin3 8358/5823

- on

Before Senate |. 5 Program

dition

Ralph Blane

News x Baum's Or. Vattetten® Second Husband Rig, Town

Dick Powell

WIRE (NBC-MBC)

Oscar Shumsky Newspaper ot Alr

Johnny Presents Men's Program

Short,” and E. B. White's humorous sketches, “Quo Vadimus?”: 8 8 =

THIS EVENING

(The Indianapolls Times ts $ BOUND i inl 4 by station Stns lg for, inscouracies B veal Nae

INDIANAPOLIS

CHICA Ouro WLS-WEN (NBC Nets

Biltmore Boys -Swingtime Landt Trio Vaugh de Leath

CRpAn (NBO-MBS) Ha 3 . hana nay mood AE Armutone be Winslow. Riven" Basen Lowell Sm, Amos : Don's ee n

g! pers Li

Information Fiease Men" s Prortam

Don Winslow Molcolm Claire Rolinrs or. Tr

Easy Aces Lost Persons Sports News

We, The, People Goodman's Or.

858 535355588858 | 6853

- ow

Bob Hope Uncle Ezra Carl Baker Amos & Andy

Shaw’ Ss Or.

Dr, Christian

Jimmie Fidler American Views

News Foy’s Or. Roller Derby Calloway’s Or.

8. Kaye's Or. Strikes & Spares Bosie’s or.

S| Oo

Savitt’s Or.

oh nd ne hed nd | SSS or os oe

INDIANAPOLIS. WFBM 1230 CRs Net)

Early Birds

E 1400 Devotions Markets : Tunes &, Taps

ajadaled | OD heen fos

_ Crumit-Sanderson Fibber McGee

Henderson's Or.

(NBC-MBO)

Trup Stories Doc Rockwell ”» ”»

Crumit-Sanderson Fibber MoGeo Lyon & Maviows

Smoke Dream Inside Story

Variety Show

Uncle Ezrs ’ Smoke Dreams

¢ or. Brigode’s, or.

New Peter Grant Mill Schnicklefrits Or. Lucps’ Or. Mausio ” » ”» Ma Holst’s Or.

Nichols’ or. n nie iver

WEDNESDAY PROGRAMS

INDIANAPOLIS WIR

INDIANAPOLIS CINCINNATY

(NBO MBS)

Checkerboard Don and Helen

Ti to Shine Peter Grant Cargvan,,

DevotionsRolling Along

Breakfast Jam Checkerboard i

Richard Maxwell

Roun Apron r Shrines

News Dessa Ba Baby Bulletin King’s Men

Kitty

entral Cit: Facrell's Sra vite

Other Wife Plain ‘ 8il) Woman in Whi

David Harum

*Kltohen Stepmother

Fact Finder pi ieoed Big Sister Life Stories

Mary McBride Nancy James cle

rm Cir » - ”

ghee sees anys > 8| 8853 | 8858 | 6353 |6853( 58

Widd Editor's

Singin’ Sam Linda’s Love Dr. Malone Farm Hour ”» ld

E=EE|SEEE CO 3) mb S353 | 88%

Farm Program

ews Earl Gordon Manhattan Lenten Service

Dr. Susan School of Ale

Jd Riviorn

| C

yt 8358

Betty & Bob Grimm's Daug Valiant Lad Betty ont

a

Premier Daladier » H. V. Kaltenborn Dancing Time Men and Books

Navy Sana Glee Club

Backsta, Stella Dallas Vie Sade Girl Alone

Fens ii . BrOWS for

WIRE Reporter Voice of Exper.

Premier ,,Daladier Progress Parade » ”

Wife

Quer hee Luvs; Mw Mitten Bo Fathion Footie ats a a J House Devotional inger

Reflections Charm House Shut in Friends Home Folks Kay Bartlett » ” Public Schools Castletime Noon Rhvthms

School for Brides Boy Greets Girl

Back Home Frank Dudgeon Sleepy Hollow

noe Upon Time eet Author Julia Blake The Goldbergs

Linda's Love Vie & Sade Farm News Road of Life

itor's D Fhe oinais htet

News Farm Hour

te

gi yo » ' Valiant Betty Crachae Mary Marlin Perkins

hter

Pianorama 8 Guiding on Nag Hatterflelds

R. B Phth Bn lub Matinee Beautiful Life Kitty Keene

- Abravaya and Box Rhythmakers

”» ”» Tes, Tunes

1. U. Program Interviews Home Edition Varieties

S858 S535 5553

»

Hannah nannounced fick Armstrong

Indians Laws ZaZooZoolugy Old Refrains Hawaiians

KEY NETWORK STATIONS (Subject to change): NBC-BLUE-WJZ, 160; WOWO, 1160; WENR-WLS, 870; KWK, 1350: NBC-RED—WEAF, 660; WTAM, 1070; WWJ. 920; WMAQ, 670. CBS-—WABC; 860; WIR, 750; WHAS, ) MUTUAL-—WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM, 850.

820; KMOX, 1090; WBBM, 770.

MUTUAL |

.o Business executives, insurance “ buyers and property owners are quick to grasp the logic and the economies of Mutual Insurance, for insurance costs are a considerable item in the conduct of a business. or the maintenance of a property. Maitual Insurance reduces costs by

Home Office

reduces costs by reducing losses

«es. share in the substantial savings it offers to business

NSURANCE

reducing losses—ithas demonstrated its ability to do so over an expecis ence of years. 3 Yourresidentagent will welcome the opportunity to explain how “Grain Dealers Mutual” has ssved and returned to its policybolders more than $17,000,000.

GRAIN DEALERS NATIONAL MUTUAL FIRE INSURANCE CO.

Indianapolis, Ind.

GRAN DEALERS MUTUAL AGENCY, be.

lecturer and professional =