Indianapolis Times, Indianapolis, Marion County, 5 April 1939 — Page 21

WEDNESDAY, APRIL 5, 1989

N.Y. STOCKS RAIN REPORTS Factory Employment, Payrolls * ° PE DOW-JONES STOCK AVERAGES BRING DECLINE AS GAINS IN LIST High Low Last change 30 INDUSTRIALS 120 rw « $8 8a YA sone. | YOSUOMAF ooiitiioinanasiio 10000 —243 ARS ~ ol 1 BE LL TE 100 W 4 iS ow ot 5T\% Bu st — 114 | Month ARS ..iiinisseniiines 1A 28S FACTORY EMPLOYMENT — ” be & m Bs JR BR P= li vear Are a a ae —2.0% TASTED) A Aa 08 3 . . High, 1989, 1 s w, 80, . FON : BB Te] Mn ee eA: Lew. SROS: 80 YANN el J ® “ 20 RAILROA } h & BEWT AL Yesterdar viiiiiiiinniiniees BRILL ASE) i . i ~ Improvement ent Reflects News EH Cy | Week Age Euateniisinnnanne i “su Liverpool Higher; Winnipeg 60 * \racTORY PAYROLLS » a (Month AFD (.. iii « X13. 0 | (UNADJUSTED) Of ‘Something Bullish A= T" Lvear Ae 1ooeo TL Loses Ground in m y : m * 1980, 84.8%; " \ From Washington. am % 8 | Reh 193, ARO, Low. 1900. | Early Trade. Am + 15 UTILITIES | 20 .,—— 5 : Tan esterday iin. eens 2098 ATH NEW YORK, April 5 (U.P) — Am Sel, ws Tah 3a Ba x Ww Hons ne cRatftc Liesl ig wr Hy CHICAGO, April 5 (U. P).—Gen- | an : p o A . ant BO (.ovsvransenneins ho 023 w Stocks pushed forward to gains am TE" of . 8a Ble Ma Zo adivear Ape ooo eiemsvipe NIMS yy |GTOUS rains in the winter Wheat belt, “ Tyoo510n0 “1931 1932 1933 1034 1935 1096 1937 1938 1930 ranging to more than a point today AR TFa ak A iC So WE High, 1989, WAS: Low, S10. led to moderate selling of wheat on em —— afuel a a uleity, Improve. Am Sawer Woo 0 0% att TOR] sen yess 950%: new, ASL 'the Chicago Board of Trade today, F ] h : od rumors that “some- | {PRC 3 he th. dh cr lt | f L thing bullish” marketwise was Arnel ond 10% a 1034 = High Low Last Rokee | and prices eased, after a steady Re und 0 ommonwea forthcoming from Washington and |S Ricon ooo. n® avs ae-1 Mipott Ing Soe 1 : , — ' opening. that Germany and Poland would Ad C Line “eee 3 1312 Ne x Hd ng Bell" A. ho 2% 3 *>** | At the end of the first hour wheat come to an agreement over Danzig | Attica Born. 5'a 5's 5% — lai a si — 11 was off % to ii cent, corn was off ortgage on S 1 n tea and the Polish Corridor. d Be % ; AR > an 35 331 Bs — a 1% to 4% cent, and oats were unDouglas Airerait was a leader, | % v; 1, | Marine Mid 4% 2 2 | to 5% cent lower : . . {Bald Loco 11 111% 11a — Is! hall Fd 1054 105 1056 —- 5» | changed 0 C . jumping more than 2 noints to near | 3% 5! 5% ... aisha to 39 3 | 83 OS. Steel swing ub to a point {BIDE APRAll. 1h ie Tha ona lMartim ogi. Qh J CE * 3 | Heavy rains were reported In| u1GAGO, April 5 (U. P.).—Commonwealth Edison Co. in the near) gain and Chrysler pesiored an early joarusaell .....- 134 “133. Glia — 4 aetro costo HW IAS TG — *+ Kansas and Oklahoma, and more future may refund $114,500,000 of its mortgage bonds, James Simpson, loss with an re of a point. Beth Steel 500 59% S0la al Rey ei Re Bg {unsettled conditions were forecast,|, . .. (hairman, told stockholders at the annual meeting yesterday. American Cen. American Smelt- |Boraeh .. 10% 38% Ia sg|Mesta Mach ... Wi Ne We 1 Frees SOW Sng Main AEOMpERIe bY He reported earnings per share of 56 cents for the first two months ing, Case "General Motors, General | Borg Warner .. 23 23 “a a, = Xs. gon - freezing temperatures expect 8S of this year against 51 cents in 1938. elvis i Frarvectey |BOFCr RB .... 24 RR sand nto .. 88 88 88 far south as Kansas. The Govern- rogram of refundi nd financing now is subElectric, International Harvester, |Briges iv % 20%, — alaansan , vi ah The company’s program o nding a g Montgomery Ward, and U. S. Rub- BRIHM Tra... 83a «8% © 8% — uf ois Mix B hun 2 32 'ment weekly report noted improve- stantially complete, except for te Fe Montgomery ard, an J. S, “iBkivh & @ TF. 1 1% 1: £5 1s | Autne ¥ x on sn af I 1% | ment in wheat condition. , S ber were among issues which sub- |Bkiyn Sas IN 18% — a » ~ | Liverpool wheat lost most of early possibility of rerunding iis 3 mil J ; § t Bucyrus Erie .. 8 8 § —= % oT A Poo + cent bonds, m Shite Tans ol & hint anQGR Budd MIE C0 4g 8% — io Nah Rely ... @h 8 8% — gains on late selling, which was an- HO a Bnd $20.500000 of : . ves a She NEEDS Lo ML Rb Lh gd |other unsettling factor in the local 39%, cent bonds, due April 1, Bonds Move Narrowly Callahan Zine “w % .% yw Nat Gyptum .. 1h Ite 1% — ' market. Preholiday covering in the 1965, per Bie day | 3 —t a WI i 2 ve .... | . | Narrowly irregular price move- QAR =o Wy i WN, 2 iuiR A eme on wT : Engish Barker pushen PE ant Commenting on the earnings, Mr. RESERVES GA ments marked dull early trading on} Shine t su - x 13a IT 15 x 3 nib 4. HN |h ih oh we 4 unchinged to % Simpson said that had the rate re-| the listed bond market. nt FLOR #5 8% — iN, & Weer 130s 13a 173% - ¢ P erat. ductions of $2,208,000 annually, just | tt {Cham ® £-. aa 102° 103 3 a) tgs , ra : Dormetie SOIpOERLE tens 8 racted |Chamg BD ohio: 3 un a x (No Amer oi 300 Mh 0 = ni Winnipeg lost ground in sympathy becoming effective, been in force air buying intere in forenoon ChMS PR * Bob 3% % 3h ov INO PaciHG «..oc 8% 8% 8% — Yalu ith Chicago. during the first two months of the Loans to Brokers, Dea ers dealings and registered gains ex- Chi & Nw R-pi. 3 3 Ba Sttaed | with \ ; year, the per share earnings would : : Chyler. +... 85% 85a 63% —. 4! angen Corn prices eased in sympathy : ending i Stound 2 Poin, Raflroad | Gime HS vt JI Bh Ohio Ol ve Te TR TR we Li wheat after early steadiness |have been substantially the same Decline; U. S. Treasury ssues were in best demand. Selected . a v — —rus h w vy ste S§ ae : Col BB... } 10% 13 — Ye 23 ; as in 1938. . utility and industrial bonds regis- |Coim Gas - “ds Si aS. = liBac GREL.... WW AWW Wn — nL based a buying by locals and # = = Holdings Off. t . 4% 3 TR = acitie can § 2° — Ry S S. tered major fractional gains. Com Cav I on Jon XT Backard mia: 3 GN In processor NEW YORK, April 5 (U. PD), — U. 8S. Government loans steadied Comwith & 8 . 1%" 1% 1% ... Pan Am Airways 12%; 123% 123, .... Flectriec Co. disbursed on opening losses ranging to 3-32 Somw & S F.. RR a ce ee by hy CHICAGO GRAIN Te an ity and serv-| WASHINGTON, April 5 (U. P.. : Com Ed rts -§ ssive 28 Se 18% + OY oN ’ CroRk 2 y ek Curb Stecks Gain Conus Bison. EN ; : 3h 30:1 ihe ~ | Opening prices today on the Chi-|ice payments from its pension fund The weekly condition Fane {Co ContAiger ioer 10 fe Re 82 1, lcago Board of Trade, as reported by | during 1938, the company reported of reporting member ban s of the Curb stocks turned irregularly Cont Can... 34a pt 43 EM Hue — 14 Thomson & McKinnon, were: today. Federal Reserve System in 101 leadhigher in Hit morning trading re ont Qe: 9334 2 5 oy pE a8 Re 8 + 2 4 _ July Sept. pp fe Tar Ba, ing cities today showed an increase eariier easiness, Jorn 591, 59), -— Si Pullman ..... } 4 — 3% | Wheat— . o the ind, § go 3 — ° i 5 & — 1 [email protected]% 8.68% nin of 136 million dollars in reserve Niles Bement Pond recovered al- | grane Qo .. 2834 2354 _ de Pure Oil .c.ic 5s 5s 5% 1s $6731 @.67% S6TU@ amount available for payments to most all of an initial loss of 1' Crucible St Ln 28 ER 2 = Wl eadis = on Cornerns 49 50 $52.277,636, as of last Dec. 31. balances with Federal Reserve banks points to 48 off 2 while Aluminium, Qub-Am Sugar. : 3 3 3 ste. IRadio OF «ie JW | Mis 1% on loate— As of Dec. 31 the company had |for the period ended March 29. ¢ b- | Curtiss-Wr colt: AM: oY, = RY SIE lo. 8m 68) 6% — % 201% 27 26% 8% 1+ oe 4 Other principal changes were deLtd, American Cyanamid B, Ba A. 2 2 | Republic StL.o.. 16% 18° 16% — 1 1280 employes retired for service and RS cock & Wilcox, Fisk Rubber and! —_—D— | Revn_ Tob 38 38 33 + 4 Ryeii 118 drawing disability pay. creases of 30 million dollar in loans Rustless Iron & Steel scored mod- Deere & Goeve 13% 17% NW. '3 Richfield OI .. TH Th Th... . ph To nmsaseenen FF # to brokers and dealers in es fracti ins i Rn an A Ss= 1d 148 million dollars in holdings erate fractional gains in the indus- Dou ad alr 60's 60% 60% — a WAGON WHEAT ! ar ; : , | Dunhill ........ 12 12 12. .... (Safeway 7 pt 110 110 110 .... ; ’ NEW YORK, April 5 (U. P)— of U. S. Treasury bills. ) st. ; . 7 > City grain elevators are paying for No. - ) 4 7 Aircraft had a major Dr Tom tt ee. T Sohhe Rn > Ne "e.My Cath Ri Aer Tale iow. Pade, ess: [Net asset value per common share) Commercial, industrial and agri- : 3 its mB A Se ul 1 ¥ oe y . . : fractional advance among aviations East Air Lines C185 18% SW = Wi | Sons Ar Lo D86ls 65%: hg TY of the Phoenix Securities Corp. on cultural loans rose nine million dol but other shares in the section were East Kodak 149% 149'c2 M49, 34 She ear Pen .... 32 $24 NX + Lu a Feb. 28 showed an increase of] lars at all reporting banks, Loans easier. Denn SL i. In Th phe an ol .. Bp 334 118 4 Th IVERPOOL WHEAT prev. | 271 Per cent over a year ago, largely [to brokers and dealers were off 33 ee ay East Kod rts wi 2% 2% 2% — la Socony Vae ... 11% 1112 113% : High Low Close Close refiecting sharp gains in the value million dollars in New York City, Big Pub 8... 1% I fs -- A{Soay Ama" PHI ni 7.31 —2-33 May. oid ...$0. 811s 30.00% 30.80% $0.80% |of its stock holdings. of Loft, Inc.|and 30 million dollars at all banks. Burcks Vag ooo tw dw + % South Pac ...0 13K 18% 18h 0 May. new .. FH oe 33 0a :331" land the Celotex Corp., the company | Holdings of Treasury bills de- - Pn BONN Re iu Hn Bi: — Ylbetoner ll 88 2% 82% (62W reported today. clined 148 million dollars and holdPott Nees Arabia bu abu golesel Ine a" uk Wa .... The company had net asset value [ings of Treasury notes were down Flintkote 20% 20% = A ISka Brcaes 7 v, \ Be. 11.587.288 1 to $149.89 per $3 two million dollars. Freent-Sulphurs (HT HC OF ISR BANE it opis gh uw, Corn and Wheat Reaqi OF 3117305 un) in hn pe t-| U. S. Government bond holdings TREY Sie SY PU De Ba 3 x ul 0 egion ue Aeterred oot gf increased eight million dollars at Gen Ciear of 13a 1301: 130% = | il. + 1304 a 38a 4 hd Run standing. er eductin | Gen. Kecirie a Ih: je oo ff PS oamgpyen.. Ila HA HH — a Official Weather share, the liquidating value on the 811 reporting banks and holdings of | San aa Lh ih; 103s — 3%.§ uperior Ml ... 2% 2% 2 FW outstanding preferred, the net asset obligations guaranteed by the U. S. |Gen Mills of 13% 124 134 = + 1 (Swift & Co... 1 18° 18... |'e——By U.S. Weather Bureau 4 Diehl ; 1 wae Government decreased 10 million | Light Receipts Bring About Goi Agia SO Sal | Sie oS T= Precipi- State of | yale jor he comution Shou hp dollars. Holdings of “other securi- | Jen Tac “Re 3 — "- » Cipi~ | 0 p (Gen SHC ot 1 BB 180 oo... (dgjeots Jopt... JIM Jd JIM ......] station High Low tation Weather 30-36 a share compared with $249 yo were up seven million dollars. Rise: Vealers Steady to IST Fife ine Ih — 1s [Dds WA oul 13th ae on Notre Dame 48 32 0 Cloudy ® Share on i 28, Jose. . Gillette § 85 of 3 R 0 i | Trantamaricn : Su tu Tei : | treid 300: 3 3 8 faoudy | During this period when the comOff 50 Cents Goodrich... 8 a 2 8 it MTR®WAIF..... Te Ng fis 1 | Rochester Ceeres 3 3 0 0 Trae net Be le per —_— . Goodvear 2814 - 28; =X Yue —a {Marion ....aieen ou share appreciate per cen { k Eoohonnd oo 1 1 MT on Upton cary Tia TM me {Rete ity ¥ 8 Sioudy | DOW- Jones composite stock average . Hog prices at Indianapolis todas SE Ga AF Cool Min ML mERENS nd Bf } Goudy advanced only 19 per cent, the re- READY 0c nr NJ gained 25 cents under the influence Herc, Tdr -....- 88. NM 8 gird Co : Ji Ji 3 = REE $3 0 Cloudy port pointed out. Nv. | 5 : : S . : ; n —_— ’ of light receipts, according to the Homeoake, SLU SER PLL oo, un Drewood ‘bf g3 a3 a3 I ta Indianapolis... B40 Sond | ee cael Bureau of Agricultural Economics. dug Bay M&S. 28%.‘ 28% 2h - a IQAUECFL cc fhe fhe fh: oT VeEvensvine 8 48 0 Clouty| NEW YORK, April 5 (U. P)—| 0 0 cnonim Practical top price of 200 to 210-| : LE rR RIG SDs! Ol Bly BHF): Nathaniel Singer, president of the il 5.—Plant exunders rose to $7.40. fre ft U 8 _Grpsum . 81 81 $f ft-Lite Lens Oo. announced today CLEVELAND, April 5. ant ex po I'S ros 1 | Qentral .... 12% 13% 13% .... (USIndale...15% 13 15% — % . Soft-Lite Lens Co. announce y a d Iprojeient program Vealers were steady to 50 cents i Cent TL L823 2% aK ZUN|US Rubber 03% gin amd LL. ( hicago Stocks that March sales of Soft-Lite Lens! Dansion and improvement programs lower, the peak price holding to nmi, "wr... 's® 's* 's* = i CREASE Bw Bw Bn * |advanced 30 per cent over a year are planned by 69 per cent of me$10.50. |interlake IC ... 2i¢ D4 JB... —V— Net [to a record for that month. dium-size metalworking firms, repNot enough sheep arrived to make 10 Nieker ..) 3812 381 $812 — |i |Venadium i... 19% 19% 19% = % High Low Last Chanke| 'yojyme has just passed the five : i | ’ tations now: | Ban 2+ 185: 4a: YBsE wi —W Alum Co Am... 99% 99% 99'; — resenting every geographical sec-|_ a market, leaving quotations nom IR a Rey We {Am Airlines ... 20 20 0 i2 | million mark, Mr. Singer said, co- duck inally steady. tht TOT For... m2 ne 7 2a | Walgreen vo 17% 17M 17F — Y% Am Cyan Bo... 20% 20% 20% 3s i £ th tion and a wide variety of produc S|] i 3 \ Int TRE For... Tha. T% Ta + is Walworth oi 8S} 5% BY. .. |Ark N Gas A 2% 2s 2 ‘incident with the launching o e according to the results of a nation- | | Rn a arne ros 5 47 <- W 2 ~ March Top Repts.April Top Repls. Johns-Man .... T2% R CC Wa 4 ve | Wes Ol £8. 18 da 1 Te ark oss cu pf 12 1 He ‘product upon jis Sst yess, wide survey just completed by the | 29 ...8 30 col 8 33 13508 Johns-M pf....126 12 126 + 12 Westing El .... 90% 89% ela Br Super dt Pi i ‘v magazine Steel. NL Te eis ; aH aw {West BI1 pt 138° 138 © 138° — 2 iRelianca Air... 8% 8% 1 INDIANA SERVICE The magazine points out, how- | se3f Ren CSous x 5h Sp. th — WwWin RCo .. 3% 3%. Ju...) (Brewsier Aulo . 3% 1. Hl ever, in its current issue, that many | ; Rennecoit ......313s 313s 313 .... |WooIwoRth .... 48%; dvs 8% — liiGaprier Corpo. 13° RB is | OFFICERS RENAMED of these companies are “holding Barrows and Gilts | Packing Sows Kresge D S.... 43% ola: dlp — 4% rigley eee TT oT Li — “4!Celanese 1 pf.. 8% 83 [ back” any action toward expansion Good and ) 275- 350 § 6.60- 6.55 Kresge SS _.... 22% 244 2234 + | irae Freee Cities Serv 8% 8% Va | y pi Choic | 350- 450. 6.33- 5.55 Kroger G&B .. 2's 22% M's —: 3% Yellow Tr..... 1% 13% 14% .... [Cities Serv pf. . 51% 51'2 Yi and improvement pending a more 140- 160 $ 6.65- 7.30. 425- 450. 6.15- 6.30 y= [Young 8 & W. 12 12 12 + |Col GE cv pt. 65 65 Ra FT. WAYNE, April 5 (U. P.).—All le Administrati ttitud 160- 180. 7.13- 7.35'Medium— Young Sheet .. 35% 35 35% Col O&G 27 27 | favorable minisiration attitude, 180- 200. 7.30- 7.43 425- 550 6.00- 6.60 (Lee Rub ....... w DB. B. tt 5 tee **** ]Gredle Deb «..- 19% 19° , | directors and officers of the Indiana improvement in business outlook, | Re: 30. TI: 148 Good ane Chetoe ES [ti oe W we - nl Zenith Red .... 17% 17 19% 4+ % IQR DRO --- it 3 1s Service Corp. were re-elected here egsier financing, or more settled 30 IX TA 1H Codd apa She 7.00 oy Arve = |B Fay Be a today at the annual meeting of the |) EES » Ls 7.30 100 140 $ 200. 088 Ford Can & 18 a 18 2 A y abor conditions. 90- 85- 7.260 Medium.. 00- 6. len en . company. | ’ SL.ASE ii 18 78 { cms wee 30 | TODAY'S BUSINESS BRIEFS [#85 th $B £1, [Be ooknotaers renames th tr is bi Wels Imp G Can [18° 1" % lowing directors: w. Marshall Dale, [CHARGES OF FRAUD Caco $11.00-12.35 Gd bis 390-750! There were 201 merchant ships; A decline in commodity prices Jones&Lau Sti. 20 19% 1s Bernard P. Shearon, James M. Bar- LEVELED AT UTILITY 900-1100. 11.23-13.000 Medium.. 6.30- 1.2% i 46.7 ta i last week took the wholesale price Lehigh C&N .. 2% 2% Us rett Jr. Benjamin F. Geyer and 1100-1300. 11.50-13.00 cur. com 3.75- 6.50 Aggregating 546.705 gross tons under Lockheed Air .. 28 247, iy : Gobh-— “TU Yealers 3 construction of under contract to be index compiled by the National |[McWms Dredge. 10V: Jota 15 [Joseph P. Doody, all of Ft. Wess: SE A 430-200. SRNL Ge it: ns wudlt Feb: 1. (he. Department Fertilizer Association out of the | Mont. Sead A..161 1 and Laurence K. Oallahan and, WASHINGTON, April 5 (U. P.) — 900-1 3-11.30 Chote Va oet u on part "| narrow range in which it had N J Zinc ...... 50 50 Stuart J. Barrett, both of Chicago. The S iti h . 1300-1300 9.75-11.50 Medium. 8.00 of Commerce reported today. been fluctuating since early in Nog Pv 5 81 The board in its session after the e Securities & Exchange CommisRTT Lo Saiand ae. eool The Feb. 1 total represents a january. This index in the week (Std Of Neb... 8 8 .|stockholders meeting, re-elected sion today charged the Union Elec-1100-1300 _ 8.35. 813 Rea uy [SID Increase over the T8 vessels snged April 1 dropped to 72.4 per a 13 fiw 18 +, |the present officers of the company: tris Co, of Missouri with making CRmeR FIINC gos Choices being constructed Jan. 1, A gain] cent of the 1926-1928 average, a (Un Gas Corp a 1. 8, Mr. Dale, president; Mr. Shearon, | anpet political contributions and filLgl 7 Ty 2s0-400 8 8.00 2.00 attributed largely to the maritime new Jaw point for the year. A |U0 DISET A 1% 1% 1% =v vice president, secretary treasurer; yo «rojse and misleading” docuBeiters Medium 5.00. 7.00 commission's construetion program... year age this index was 753.5 and |Wright Harg .. 8 8 8... |Brwin A. Luhman, controller; james, h | Comino 5% 8 00 2 0» » two years Ago 88.7. Sr ——— 8. Clark and J. on i Si The Commission ordered investibre v8.10. rl ; di ant secratarvies, an Kennet! ; ji T5090 £ 9.95.1035 Sock | The dollar volume of : retail # = H. E. POFF TO MANAGE Kimmel, assistant. treasurer. on Pry fl NesNngs 0 750- 800. © .00-10.00 “hole fi i f new passenger auto- | Food consumption “is running : ' : Meagium— | ’350- 800 ¢ 2.30-10.00 | financing o ssenge a or EF whether the company has violated 550- 900 8.25- 5.25 800-1050 9.50-10.00 | mobiles during February was 21.1 appreciably better than the un- INSURANCE OFFICE DAILY PRICE INDEX the Socurities po en Mo and. the Ron. Too. nas 3M- sw 87s 33). per cent above February, 1938, satisfactory movement a year ago" April 5 (U. P).— Public Utility Holding Company | { -13 353- 9.30 ’ - Tr . a a—1 | Ii 8.73 | And 1.1 per cent'abiead of Janu- and reports from the trade are, Harley E. Poff has been ap NEW YORK, A dally weighted Acts: Cows 800-1050 8.00- 8.75 mildly optimistic. over the outlook ,ginted office manager of the Dun & Bradstreet's daily 8 : Sommon, 150- 8.35 | aty, the Department of Commerce |; 4).is quarter, the American In- I” By ffi f th pi Na. | Price index of 30 basic commodities, : Good ....$ 7.00- 8.00 eifers reported today. ome office o e Jefferson Na- d for United Press (1930-32 fediur §.30- 7.00/Good and Choice— | stitute of Food Distribution, Ine. | compiled for Uni Sommon *_ 5.75. 6.50 £00- 00 - i 59- 8. id & 8 # said today. { tional Life Insurance Co. E. Kirk |equals 100); REICH INDEBTEDNESS of 1 & cutter. 425 575 medium 607- 755, The American Smelting & Refin-| Despite improvement in the vbl- | McKinney, president of the com- | Yesterday ....cocecieaseccess 103.50 RISES IN JANUARY SHEEP AND LAMBS (Receipts, 130) ing Co. today fixed its price for ume movement of foods to con-| pany, announced today. Week 880 coiveeinnrnnattoees es ket at's Mr, Poff, who has been general |Month 880 ......ccievieeeess 106.94 ar LAs copper in the domestic market a 10856] BERLIN, April 5 (U. P.)—The in Good and choice ...... 950 10% cents & pound, a reduction of dollar value has held about un- agent of the Alliance Life Insur-|Year ago ....... Bol ¢ 109.58 , Ap . P.) —The inSie mem nun 8% 1. cent, the first change in the changed because of an approximate [ance Co. of Peoria at Springfield, 1939 High (March 6)......e. e g | debtedness of the Reich increased Ewes C Tl, formerly was controller of [1939 Low ow (April 4) ciiiiiaens 10395

domestic quotation since last Oct. 14.|5 per cent reduction in prices.

Good and choice Common and medi

CHICAGO Liv ESTOCK |

' OTHER LIVESTOCK

N. Y. Bonds

THE INDIANAPOLIS TIMES

HRP T RI SE RR MT

PAGE xe

the Abraham Lincoln Life Insurance Co.

U. S. STATEMENT

WASHINGTON, 220 5 (U. P).—Gov-

ernment expenses and receipts for the current fsonl Year through April 3, coma pared with a year, nh rid Jester Expenses 6.91.81 4 5,598,250,008. Receipts i Jis.1 aad 45.86 4.840.133 19192 Neo Det. 3 0,994.9 Neen Bal Work. Bal Pub. gest 40, Gold Res. Customs

INDIANAPOLIS CLEARING HOUSE {isarines STERNER iiiddis .....$2.888.000

FOREIGN EXCHANGE

NEW YORK. April 5 (U. P.).—Following are noon cable rates on major CRYr (es:

et 4 Ties ie Ie 1-16 England (pound) .. $4. - —_ - Bog. { day i) 4 -18 —.00 1-16 Canada ollar) .. France (franc) .... 0264, Js 16 —.00 1-18 Italy (lira) ....... . Chea Te Belgium (belga) ‘ 2008" CLLR Germany (mark) .. .4011 —.0001 Ger. (travel mark). .2085 —.0020 Switzerland (franc) .2242!% —.0000 Holland (guilder).. .5309! + S8weflen (krona) ... 413%, --.00 Norway (krone) 2352'% -_—

Denmark (krone Spain (Franco | Peseta)

FOOD PRICES

2090 AUT

i —Texas 60 @ Tom fe Le $2. ind: Ca Siitigwer™ Gai ed 65413. i Florida, mar et , (0h, O=

CINCINNATLL. 2 il 5 (U. P.) Hogs—Receipts, 6000: market opened | | Receipts, salabl 00: total, 3400: "ho: BOND PRICE INDEXES LOCAL ISSUES steady to strong with Tuesday's average: over, 90; market active, pEenerally 25¢ 3 The following Juotations by the Indlanlater trade active; generally 104 20c high- higher; W: “$7.45; 250-300 $7.25; 100- 20 °0 20 20 lapolis Bond & S Corp. do not repreer: top, $i.35: bulk good and choice 160-140 Ibs, o es 50; most. "gdod packing | Inds.’ Rails. Utils. Bonds sent actual bids her ® offer ngs, but merely 3} I Fes 20. oe. ans. Bik oT $5.5 bie. 280: t tal, | Yesterday «ees. RLR 3356 098 80.1 indicate the app roximate market level 500-1b. packing sows, $6.15476.40; smooth Cline _Rassits, sale Re, 300: . ig 300%! {Week ago .... RSS 6 1001 fon | based, op Dusing AP SEINE QUOtETonS oN IN bch Rg Es. calves. 1500: Kkill- cleanup rage 2 gre uppiy. Sess and Month age .... 81.2 f2.1L 100 os. Stocks Bid Ask ers resisting higher asking prices and gen- heifers u iy Stes ay la Song, 8 sears | Year age o.oo. + 82 501 ROL RIB auto Invest COED uit igus iiss a 9 eral market very uneven: most classes RIGA @ IEAM Hein"ie good beet cows, [Two years age. 92.2 058 1028 98.9 ‘Belt R R & Stock Yds com. . Bl 54 strong io higher. however, but IY 88.88%: low cutters and cutters, $4354 1939 High ..... #0 G16 M9 shel Bolt RR & Stock pfa 2 it on _ steera; mos steers an vearlings, 2 =a. ent In ow T% 3% [email protected]; shippers buving rather free: | 319% 10R TsarRe bulls, $7.75; top Vealers. 1939 Low ..... 848 558 89.1 R01 |Home T&T Ft W Be Iv at 811.50 upward: top, $13: little well- sparing [193% High .... 87.2 0.0 00.7 88.0 [Hook Drugs Ine com.. 12% finished enough to sell above $12: 1519-1b.| Sheep—Receipts. salable, 250: total, 1938 Low Te 419 #12 te. Ind Gen Serv 8% pf “es Western fed very fat but. rough steers, | market mostly steady but outlet TR _ Sakis x ig h : ond & Mich 7% pid .. ii $12.65. well-finished vearlings very scarce: (and indifferent for spring lambs: odd lots 1937 Righ ..... 55.0 101.2 1060 100.7 Indpls Water 5% vias I er and ised vearlings, 3108 ghoice clivbed. fed Neiteln lambs. "A a | 10RY Low ..... 80.1 60.3 { R11 Ingple yudro, 2 15¢ er: cows sharing advance; bulis parable grades, woole s ndpls Gas Co is barely Steady: vealers unchanged: best fed [around $10 mon and medium, $7.50@ | (Copyright, 1839, Standard Statistics Co.) napis P&L 6% 601 heifers, $10.65: cutter cows $6 down: prac-19.25: scatter spring lambs, $14.25) ndpls: P&L 6% % 0 104 tical top weizhty sausage bulls, $7.25; gen- {down tn $9. & Thin ER antes. U. 8. GOVERNMENT BONDS Bora Nat Life ne Co com. 28 30 eral Soc ts smallest_since, gus. 351 it { Treaury Ronds x Ind Eup Serv qu ges . 2 83 eceints late Tuesday fa : : n erv 6% pfd .... 84 tambs Tally 13@25c J hugher; top. $090 to! FT. WAYNE. April S WT: P.) —Hog High Low Last |«N thd Pub Serv 7% ......... 88'% HR all interesti; bulk. $9.65%9.85: 100-114 Ibs. | 10@15¢ Jighet, s $7157 220-40 [314s 1045- a eersee.+:110.20 110.20 110.20 [Progress Laundry Co com ... 11'z 13% [email protected]: clipped Jambe, $8138.75: sheep. |Ibsy. 81 16s. $6.08: 180-200 lb. 1304s 1956-48. ........ 114.30 114.30 114.30 | Pub Serv Co of Ind 6% pfd.. 7% 30's steady: today's trade rather active. strong !$7.05; 300-2 0 re $5.90; 260-280 ibs., 36.80; 21-3 1053-49 3 : 104.31 104.31 |Pud Serv Co o Ind T% pra. 40 3 to _15¢ higher: good to choice lambs, $9.75 280-300 Ibs $6.70; 300-325 Ibs. 36.60, 525-1275 s 1960-33 .... 107. 107.2 |So Ind G&E 48° pfd ....... 94 an 9.80, best held $1041.10 and above; in- 350 Is, S€ 3b: 0160 jor $603. 10-140) 274s 1965-60 104.27 104.27 Union Title co, com. ey i 2 ications steady on sheep. Ibs ro 5 aute Elec Co isis 9 SL IE ee stags, $4. 15. Calves, $10. Lambs, $9.25. DOMESTIC BONDS Lo% Last Van Camp Milk k Co fas eh vides 63 LOCAL PRODUCE a Alleg Corp, Ss 49... PI Van Camp Mug oe Som di ae i Howry bred hen, 146, hoary arsed | SARNESTIE, AHS (0 plot me; SRL VEE pe on ie protiers. “" Ibs; and over, i3¢; : Hens under KG}. 295-375 ts fre Har 0, thie ‘Ibs. {Chi WInd cn 48.52 ... 89 88%, 89 Ames Jon os 18 aw fae 33 100 C3 ghorn hens, c arre S. A : i% and White Dock, springers, 1': lbs. and $5. s0asse: I roughs. 5 UE En Wa Bloc. Ato Lots 54 ‘aa 108 J033 108, Grabbe Reyne molds, ¢ Taylol, 5s ol? 00 over, 15¢; colored springers, 1': Ibs. ho i re / i x Ub; ‘4c: Leghorn Broflere. 11," Ibs ang 00: lambs, $8.5040 oodrch 8st 43 «oo A 23% |Home T&T FV 6% 108 over. JX : Shhing chickens, 2 Ibs. and overy —_— N Y Cent Yn 2013 .... 5% 51's 53 ht RA Fo is 85 : 1a Sis oo. 80% B0ly 80W o No. 1 strictly fresh country run eggs. Ny Cen cn 18 42 ...... 801% 2 ndpit Railways Tne 5% 67... 57 60 13¢c; each full case must weigh 54 . uro NOC. K) Ry Ces on, 45 9 nil SR (83 ToL ndpls Water 312% 68 ....... 105 107 EP HR yr Sl Rin 81 Wet I IR IE th a er S "a ¥ A ih’ utter—No. 1. 27% Ya dte: No. 2 sua High 30% “Ys FOREIGN BONDS R rusher, £10 Shires go 3's 50. 98 101 26¢; " butterfat—No. 1. 2c 2 19c. Armour & C0 divvaveas 37 4% 4% LOW st | Morris 5&1 Lo 99% 1024 (Prices quoted by Wadley Co.) g 23% 23% 2% t aise n Qa Righ 85% 85% Muncie Water Wes 8 % «102 S34 Aviat & Tran session. O is 5h 3 Casaesen ogi 9 iy 981, Noblesville JYeP 62% 4T ...100% 103'% Bastian Bless sooassneas 12% Jat Ih iio 102 02 Ghio" Tel, Co Cy Ahup 65 3 in . < \ 3 ublic Tel Co 4'2% 655 ...... Bendix Aviat ..iveesens 19% a 1s Ts “ 1] os oan Richmond Water Wks 50 49..103% 1% SEE FINAL EDITION Bliss & Laugh .....ee.. 16 > ha 109% as, Seymour Water ws 8% 49...100 103 Warner w..eeeess BW BR § “9 ‘8 IT "Haute Water 87% aise 1004, fi Borg we 98 98 9 1a . 88 85% 8 T Haute Water Wee 6% 49...102 105 OF THE TIMES gheo Cor “st wi’ ge 106 = 108 Tract Term Lorn Citi feiecies . 68 69 Comwlth Edison -.. 89% 59% | ara tiet | FOR Elgin Nat Wat 50 59 = |Market St Maske ST t °F Gol" 48 20.68 n otorS. ont Me ED . i& OTH 14] Lakes Dredge sana DECLARE DEBT MORATORIUM PERSONALIZED AUTOMATIC ER LATE NEWS oudaille srRIILIS TYPEWRITTEN LETTERS... Marchal py BURGOS, April § (U. P).—The ru ura. AND Mid West Corp wu ge Government sued a gor. tod jay L R USSRAPH/KS us oblitt ATRS. oie £ X ora on ; TO 14X30 ON BOND No’ wes! cp aos ant ; am “until ther hice ; v COMPLETE MAILINGS CLOSING STOCK Press 8t1 Cat .,......o 8h nt ; nt RUULTISRAPHING an, Dredgin ash " {in Madrid and other ies re- STENOSRAPHERS QUOTATIONS 4 dicate: 2%. We bt I Fal war , > od ae E) : : Fy 4 i y 2s PEP hs |]

CHICAGO, April 5 (U.P). P les— Michigan, Mackintosh, bu., dh 4041.50. | Sweet Potatoes — Tennessee, hatnnets. [email protected] Carrots—Tllinols, be. it 3h

Howard Newspapers will talk at 7:15 o'clock tonight,

a supplement to his series of articles

TONIGHT 7:15—Roy Howard, NBC. 7:30—Tommy Dorsey, WIRE. 7:30—Paul Whiteman, WFBM, 8:00—Fred Allen, WIRE. 8:00—Star Theater, WFBM.

Roy W. Howard of the Scripps-

NBC-Blue, {rom Paris, on “International Affairs” as

carried by The Times. This will he Mr. Howard's first formal broadcast, He has made an extensive survey of the critical European situation, visiting Rome, Berlin, Warsaw, Moscow, Paris and London and has interviewed Premiers Chamberlain of England and Daladier of France, and I‘oreign Ministers Litvinov of Russia and Ribbentrop of Germany. ” n ”

Annabella, the Paris beauty rumored to be engaged to Tyrone Power, will play the lead role in the Star Theater production, “Happiness,” at 8 o'clock tonight, CBSWFBM. The original love drama was written by Konrad Bercovici for tonight's program. yw»

George Jessel will take the witness stand for Fred Allen in the case of Allen and the People vs. Jack (Maxwell Stroud) Benny at 8 o'clock tonight, NBC-WIRE. Mr. J. is expected to throw a bombshell in the defense circles when he reveals evidence from vaudeville days that will prove conclusively, (Mr. Allen thinks) that the Jaek Benny of Sunday night fame is really an impostor named Maxwell Stroud. It seems that the imitalion of the voice of Jack Benny that Mr.

ON THE RADIO

three weeks is that of Arthur Fl. mer, a radio actor. He has been acting a lot with his own voice for three years, aching for ® chance to get his Benny voice into a microphone. The closest he came was on the Cantor program. For two weeks he was scheduled to imitate Benny but both times the program ran too long and Elmer's part was cut out after dress rehearsal. “I do a good Fred Allen impersonation, too,” Elmer concedes. “Next time Benny brings his program to town, maybe I can do Allen on the Benny show.” » » ow Hobbyists who collect obnoxious noises in order to get rid of them, play tunes on doorbells, keep general stores stocked with merchandise of the 1850's, and lift bulls will be among Dave Elman’s guests at 7:30 o'clock tonight, NBC=~ WIRE, on the Hobby Lobby. Ted Rogers, organizer of the Nationa! Association for Prevention of Radio Interference, makes =a hobby of recording noises nade by electrical gadgets that interfere with radio reception. George Stone, North Stonington, Conn. keeps sn old fashioned general store with fixtures and merchandise like those cf a similar establishment in his grandfather's time, H. E. Mann will come from Memphis, Tenn., to illustrate his pastime of lifting full-grown bulls to his shoulders. ” » Robert Benchley will take his comedy program to NBC-Blue beginning Tuesday, May 23. Artie Shaw and his orchestra, Downe beat’s favorite swing band, will con-

Allen has been using for the past

* RADIO THI

tinue on the series.

S EVENING

(The gienwpany Times 1s _not responsible for inaccuracies im programs ame after press time.) I

by $371,680,000 in January to a total indebtedness of $11,244,000,000, the publication Wirthschaft and Statistick, issued by the Government, dis closed today. The figures excluded $24,280,000 in loan redemption indebtedness. The increase, similar to the Decémber increase, was caused primarily by increase in long term and middle term domestic indebtedness.

AVE CIAL Myrt & Marge

Hilltop House

THRILLING SHOWS!

MYRT and MARGE 8:15-=8.30 A. M.

{ The gripping human arama of two girls’ struggle for fame, Land fortune.

[® HILLTOP HOUSE 8:30-8:45 A. M.

A fascinating radio romance starring lovely Bess Johnson.

NOW ON

perspire INDIANAPOLIS CHICAGO CINN WFBM 1320 WIRE 1400 WLS-WENR 780 Ce age (CBS Net.) (NBS-MBS) (NBC Net.) ER 4:00 Navy Band I. U. Program Biltmore Roys +3 Ten, Tunes Jlterviews, Sherif, Bob Sheri Bob +9 ” ome K on Swing Time Jack Armast 4:45 "ww." Varieties Charles Sears News matrong 5:00 Wheeler Mission Lone Ranger Don Winslow Don Winslow 6:15 Howie Wine Maicolm Claire Summer Opera 5:30 Safety re ram Pick Traey Piane i Nixen Denton Fd 5:45 Sophie Tucker Lyries Sports LS ‘Lhomas 6:00 News Fase Aces Easy Aces 6:15 Lum & Abner Health Prog. Lost Persons Hicver's: ‘or, S 6:30 Ask-it Basket Gordon's Or, Sports Front Page P* ' 6:45 " " Air Newspaper News Inside Sports 3:0 Gane Busters Man's Family : Crime Reporter = Man's Family . ?, ’ or 3 in Whiteman’s Or. Dorsey's Or, Hobby Lobby Dorsey's or. 8:00 Star Theater Fred Allen _ Town Meeting Fred Allen 8:15 » ” » ”» ”» ”» J, » ”"» 3 i 8:30 "” nN ”» "n # ”» ”» + » » » 8:45 » we. w we,» TE o 9:00 99 Men & A Girl Kay Kyser Defense Dinner Kay, Kyser 9:15 ” ” » " » ”» » » 9:30 Edgar Guest "nn Commentators wr om uw 9:45 0) 0 ” ”» » » ”» » 10:00 Amos & Andy Mr. D. A, News Peter Grant 10:15 ews Baseball Mille’ Or Schnickiefrits Or. 10:30 Roller Derby Headlines Henderson's Or. 8 alu ite 10:45 Calloway’ s _Or. Heidt's Or, is D » 11:00 H. Kemp ’. 3 Recordings Recordings Lucas’ Or. 4 11:15 Strikes y Spar prot) 5 re § 3 30 Fields’ Or, Lights Dut Henderson's Or. Moon River THURSDAY PROGRAMS INDIANAPOLIS INDIANAPOLIS INDIANAPOLIS CINNATY WFBM 1320 WIRE 1400 (WIBO 1050) W700 (CBS-Net) (NBS-MBS) (NBS-MBS) 6:30 Early Birds Devations Devotions D 6:48 ow. ow Markets Sleepy Hollow Pow Rly. 7:00 "yn Tunes & tips Breakfast. Jam Time to Shi Too Eo ig peter Grant io » = » w 7:45 Club ho A ? 8:00 Qrzanlo News Soften Cups Paul Allison 8:15 Myre & % Marze Dessa Byrd Top O’Morn Go te Town 8:30 Hilltop House Baby Bulletin Fashion Footlights Breakfast Club 8:45 Apron ne Symphony Devotions Gospel Singer 9:00 Kitty Central City Reflections Famous Farmers 9:15 Farrell's. M¥itchen Other Wife Charm House Human Side 9:30 Plain Bil Shut-in Friends Smilin’ Fd. 9:45 _ Stepmother Woman in White Rhythmakers Central City 10:00 Mary Tavlor David flarum Kay Bartlett Linda’ ove 10:15 Scattergood Vorenze ‘ones ” 4 Vie & Sade 10:20 Bie Sister Widow Brown Ranch Boys Peter Grant 10:45 Life Stories Editor’s Daughter F. Grofe’s Or. Road of Life 11:00 Towertown Singin’ Sam Primary Rhythmics Editor's Daughter 11:15 Nancv James Linda’e Love Noon Rhvthms The O'Neills 11:30 Farm Circle Dr. Malone School for Brides News 11:45 ” ” Farm Hour Boy Greets Girl Farm Hour 12:00 Farm Bureau Markets Back Home wa 12:16 News Headlines Home Folks Farm News 12:30 Voice of Farm WIRE Renorter Kings of Strings Words & Musfe 12:45 Holiday A Step Ahead Sleepy Hollow Happy Gilmans 1:00 Lenten Service Betty & Bob Matinee Betty & Bob 1:15 Dr. Susan Grimm's Daughter ii Grimm's Daughter 1:30 Romany Trio Valiant Ladv SE Valiant Lady 1:45 Safety Award Church Hymns wn Hymns 2:00 Clubmen Grand Slam Charles Thomas Mare Marlin 2:15 Army Day Progress Parade Swing Club Ma Perkins 2:30 Recital : ” he, Last, Supper Pepper Youn 2:45 " 4 Beiween Bookends Guiding Ligh 3:00 Men & Books Backstage Wife Unannounced Mad Hatterfields 3:15 Bohemians Stella allas ‘Paw Krauss jamiyres 3:30 on Vie & Sade Tropic Mood Beautifa) Life 3:45 Choir Girl Alone Master Singers Kitty Keene 4:00 Before the House 1. U. Praeram Indiana Laws Hannab 4:15 Tea Tunes Boy Scouts Zaroozologv Sheriff Boh : 4:30 ” 3 Home kdition Old Refrains Jack Armstrong 4:45 aw Varieties Honolulu News

KEY NETWORK STATI NBC-BLUE—WJZ, 760; WOWO, 11

MUTUAL-WOR, 710; WHK, 1390;

ONS (Subject to change): 60; WENR-WLS, 870; KWK, 1350.

NBC-RED—WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670. CBS—=WABC, 860; WJR, 750; WHAS, 820; KMOX, 1090; WBBM, 770.

WHKC, 640; CKLW, 1030; WSM, 858,

CROSSWORD PUZZLE

~ HORIZONTAL

Answer to Previous Puzzle 12 Senior, 1 Deified name" SE 15 Strong of an Indian SELENE fishline. philosopher. . ree 18 Dwelling. 6 He was a TIO WO! 20 To- - glitter. religious w Ol HIER AT] N 22 Release fromy : Cy 1 - , [ot (NX existence re or UE BSITSCIRITP (Buddhism), MALLINEEEIASIE RBEMIALLIA] 23 Scythe : 14 To rove. ARBRE IGIOBERI | [| BPE! BIN handle. 16 Broad chisel. NUNEGIGELPASHEES] 25 Ostentationy 17 Musical note. __|PIMIMRIE PIOISIE SEEM! Sle 27 Mountain. 7 19 To prick EP ICIEINERANTILEIRS] 29 Pertaining paintully. INEROMRIE LIT CENAN OB i. 21 Glided. DRAGOON CENTURY) 33 Nath 22 Lock parts. 45 Easy gaits. VERTICAL term. 24 Soap 47 Melodies. 1 To subsist. 36 Restores, substitute, 49 Those that 2 To undo laces 39 Mariner. 26 Kind of saw. 3 Doctor. 41 Stitched, cheese, 51 Dormouse. 4 Possesses, 44 Fish. 28 Portrait 53 Girdle 5 Pier. 46 Woolen images. receptacle. 6 Singing fabrie. 30 Antecedent, 54 English coin. voices. 48 Crimes, 32 To repurchase 57 He was the 7 Position in 50 Street. 34 Salts. ee OF time. $2 Road (ablifly 35 Diner. Buddhism. 8 Kind of 54 Indian. 37 Geographical $9 The name of lettuce. ‘$5 Knock. drawing this sage. 9 Drove in» 58 Wine vessen 38 Like. 61 Branches of hole. $7 Note in scale 40 Valleys. ‘learning. 10 To nullify. $8 Babylonian 42 Palm lily. 62 Petitioned, 11 Fortified deity. 43 Wood spirit. 63 Jewel. work. 60 Dye.