Indianapolis Times, Indianapolis, Marion County, 1 June 1939 — Page 21

THURSDAY, JUNE 1, 193)

STOCKS DRIFT

N. Y. STOCKS

By United Press

RAIN REPORT

wa Ri rel I DOW -JONES STOCK AVERAGES RINGS LOWER High Law Last Change 20 INDUSTRIALS Adam: EXP .. Ry 8% Rly IX eerRY Laaassaaaane vee ISRAR 08K Addressogranh 9184 213% 210 + "Week ARd .un Va uay viahay TRRAS 04h Al legh corn "s 8 " ‘ QURE wdh ty Allagh Lut Stl. 18 18 <2 MORER ARB Ln 180.86 " ' ' Allied Mills 11? 11! R= Year ago wv AAA AANA 110.68 h.0% pared Sore: 3 ai . . Wich 1930 158.85; Taw 121.14, AN - Ne Di > yi ? icin Am Car & Pay. 23's 28% a V High 1938 158.41; Jaw 98.95, ——— Am Chain & C. 17 1% a 1 . ah RATLROADS . . Am & F Pwr 55, Dy B34 : ATLRO/! dainiyv oF < mE Pew. Bh Mh Br In| weer MAS AO uate Gros Estimates Are J / - Am Hide & 1 1% 45% 4% » exter ¥ Anan RRR LLL Uncertainty of Soviet-Anglo Am Hise a v0 in 4s EE TINE. ih voreermemeere pp ' ) R% 13% RB" a . . 1 » 13 13 18 1, MWRYh BRB LL. aahaaaaaasess 26.5% 02% A T e Pact 1s Factor in Dip: oY By Nw ly | Wear WEh RALLY 20.52 wih OR waited y lraders dX SS. 12% 12 2k Wich 1580 84.88: Taw 24.1% \ : na. 27% 27 277% : = Lou | ate “5 havs DA, 1 | Wigh 1538 88.9%: tow 10.00 | in Chicago P t | en, SR. -—1 | ——— : 1 3 153 153 1’ 15 UTVATYES ws Nii ! bal, 94) 5 we 1h Yesterday PRRY; hI uv ¥ aii NEW YORK, June 1 U. P) Rock Gl 21%: 2 12 aT CR PRAY Th CRICAGO, June 1 (U. P)~—A . . : 1 4 4 4 yay a " ' Ay The ock market drifted down ck. 4 ah 40 35 | MTORR BRD ...oanunanaesss 28.18% nit forscast of showers and cooler in " k 233 20! a)! Yi Year agh ! vant IRYS 0.23 ww It vor OV = slowly in the ea: afternoon deal- Corp. 3a 51a ST = TR yrigh 1580 2R.52: Taw ORY the grain belt and a favorable G ings today after a morning decline ow Fon Wigh 108% 25.15; law 15.1% prmment crop report turned wheat 5 11% 19 = 1 -— a ———— - MT -— AN {fractions ta 2 HHINLS n . BV ED 19 Net prices downward on the Chicago Nast bin 14 1% 11 Sy High Low Last Change maand of trade today, after early Most of the leaders extended 24 24 24 « MeCrory 13% 13% I | faye y heir Javses Witte Arey 5% HR: HB 5 | Menge Wy hy firmness “ their losses without a discernible 2% Wh 22h | Nrjami Cob 5 5 8 + At the close wheat was off % to nickn 8 Mme QEpAl "ws 24) 2414 2 p A a 314, ho» ol DIC Kup m volum Steels, motors 21% Dik 1% e NO NY Ne Ke aX eent, July 78, corn was unand the mail order issuas were weak i a dil = Intent Ward 501 50% 50% ~~ 7s changed to off 3 eent, July 51% At 1 1'% 11’ - y ER 5 51 81h wa 1 : Spots B% BS 8S 1 Murra R “and oats were 'i to 2 cent lower, U. 8. Steel ea 1 the fourth pi 08 os, 3, ik Wie eo ® [July 333% ON ‘ alt He a 1 "adel 41% ‘ ' Nash Kelv vat i 1 “ah \ : i » 1 { Ol 4 4%, SCLC = Ta f : ® Na! eeu 2Ew 87% 5 1'aqers nes 1 0 I Ale a 5 n Th Nar B 9" 2% ’ Trad yestitated te take the hem 5 vT 1 A. T. & T. 16% RN EN a SAL nn Woe Bon “Rw. buying side pending release of the off 1%: du Pont 145 pT 1 hd a - ,, | Natomas 1 105 .. remaining private crop estimates N > " . a y V X Central 5 y . y 4 Standard Oil of New Jersev 43 30 an a0 SARI Ia — 1° tomorrow, and there was sufficient off 1: Sears, Roebuck. 74. off 25%: 11].4 1A 11] a "Na Cent 85 pressure on the market to force r 1 Ey a . 1 Na f RY 1 . Westinghouse Elecirie 95%, off 1% 9h 9% 8% RR or 5514 . | prices lower ) » Ma a 231 53% 33% == 1B | “ i y and Johns Manville 74. off 3 : HER 1% Buving at the opening Was enUncertainty over the proposed Climax Moly Co 382 33% 38h = h Ohia O1 ave ’ couraged by vesterday's hot dry Voids NORE DNB oe Pala Solgate PP 187% 11° 187: «= 1% Otis Steel 9% b | vom it ep " n TOY Anglo-Soviet pact was a factor in comm Gas Elk 6% BY = YolOwens I ‘Giass 63's — 13 Weather in the winter and spring the market's decli experts said. Com Solvents Noh 1 We, = Bh wheat areas and a forecast of only kon ? comwith & S 3 IY 1 '% . % vi . y 4 althongh a reaction at this time Cons Aircraft 204 20% 20% - 1, Pace Am Tish 4 4% Va 90 million bushels of winter wheat had been anticinated i vie f 1a Cdns Edison 31% 3 31 w— 15 Pac G&EI : 30's = 5 for Kansas. July wheat touched its ad been anticipated m view of the Cons Oil =a ma my Packard 3 3! “a . > recent rise Container NYE NW 1, | DAramt Piet .. 9 91, -- 14 previous seasonal high on the ady y a by S ** YR YR 18 —— Arh P 2 7 0! 1 \ we Vo Renewed demand for U. 8. Gov-| cont Tak A A 1% = Pathe, Pils Ts 0% pe it = a7) vance, : : ernment obligations sent the group € Mo { B91 1, | Penn R “18% Is 18's = % The forecast of beneficial moist1 uration Sen Ln rou} ¢ LC © Ka <2 R "% 1 y a 39 9 5 - to further new all-time Nighs to pro- oN Ol Del... 2% 23% 2% + aw (LER Doak 3 3 Bw s, ure lad to profit-taking and the farth w all-tim hs to Pro- ¢ x ; hel } X 33 . . ; Ap if rls Hoek iFahive aie 3 | Crane oh 5h hw ® Phil Morris RA 89 89 wy Goevinment weekly report, which VICI he onl feature of a dull and |} : roy dn ky Pirelli A 45 45 45 0 > Tb > irregularly lower bond market Twn TD" don dy don: a. Plvmonth Oi Ml 2% 2% = 14 noted improvement In winter and PRE TI . Which extended ts C 16% 16% 16% DRG ET oy Sav: Bik gv 1. Spring wheat rfom last week's rains, hed new highs for the Te { Pullman 7% 26, 26% 1's had a depressing influence, s. 1045-33 ‘the 3s. iRitre Xk Co 200k RO 2014 ul TR Bae ” I ! Minnaepolis was strong at the : n 3788, 1] y 25 25 95% . - —— { : 370s. 1960-55. and the! Dist Seag 18% 18% 18% ol oY th &% start but lost most o the! gains, and Douglas Air 53% 6% 69 2 Radio-X-Or 9 2 2 — Yi Kansas City sased in late trading g i ~Rand 123 123% 1234 w= 1 > A Ix . de corporates were firm Air Lines . 155 151 151 1 Mot 1 1} 11a w..e Winnipeg was frsctionally lower, : Kast A Lin 15% 1 15! ‘ Ror + 81 \ —- : » . on previous closings, but Eitingon Sch 1! 1! 1! 1a Republic Stl 16 16" 16 Yi Liverpool wheat closed 3% to 1: cent mott other SToun: TArned jrree Iv, | lee Anto-l 29 29 29 — my a Nea O81 « roups ned irregularly Elec Pu X Lt 8th 81% Rik - A | Safeway 2014 0% Nhs a lower, 1 . lower unde moderate profit-taking El Pw & 1, $7pl 271s 27's 2014 3 St Jos Lead 34 24 34 — 1% Corn prices were regular in offering Utility bonds were e- | EDs Pub 8 4 9 9 == 13 Schenlev Dis 141% 141% 141% ee ot trading Tulv corn Was aerme 11 oNas wel A? Evie 1) 1 1 - : Schenley Dist Bf mM Nn " al quiet raqaing Jul con as t ly lower, Foreigns were gener- Erie 1 » Bk JS 3A ,, | Schu R ' : Hh purchased against sales of Septem- ’ Ak KEx-cell-o 18 18 18! «| Sears Rosbuck "514 43 T43%% == 15; \ 4 4 y al 10 — Sorvel Tne 155 I5% X5% ber at 1's cents difference, curb stocks declined fractions to pn 1 y S Un Oil i2 12 12 3 ey thi Mi “ Yois a i " ! Kate 21% 21% NY - NY Simmons ; 24% 2414 2414 w= 3, 3 . ’ mon an a poi lig forenoon -— [ Soconv-Vaevum. 11 1! 1 : WAGON WHEAT dealings Gen Flaefrie "R14 "Rh "5k So Cal Eda 26" 26! 281 —- 14 City grain slevatars are paving far Na . ~ ; Se dood 45% ' - 5, South Pae 13? 131 13 % 1 red, 75, ather grades an their merits Aluminum Co. of America was off 52 ARR A . By fe H " ' South Ry 15% 151; IS) '" Cash corn, new No. 2 vyallow, #6c, Oats, 2 points while Aluminum, Ltd. ! Gey Motors 44 3% 4° \ Soh, Re pf 2h 2% ih 2 | 2%¢ and Standard Steel were off a point ger Ry irs or ob ar Spiezel The BI. 12% 12% 12% ! Sh DS amd ore ear Most other JOSSe or SAY op 1 4 Std Brands Bly Aly 814 LIVERTOOL WHEAT AN m act Lo ner 10SSeS « { 1 0 ‘ “Std G R BF pf Ra RY RY 4 Prey vere fractional la i 3 Bi 1 Sta OQ Cal .... 26% 98% 26da | Righ law Close close — . lt 5 3 a Std Oil nd B53 DSN DAM { Jul vend BIS BON % BOS BD p 7% Aue yr. Std dM N J a, A, ay 14 Ortohey A! R41 a Ra Rad, ( ahi. oN Bux) Stone & Wah. 11% 11% 1 ia Ya December B5% [BS F3% A3% ( Nn . nN 5 Ta « Sunshin® Min R "Ts "Ya 1a ( 14%, 14%, 18%, Superior Oil 214 2% 2% ( 19 183 Ry wn Yn . —— Texas Corn ... W% ay «| Corn and Wheat Region 191% 5 1914 1. Timken R ANS 10 0 Sy . n =n : = Trans & Went A Ra Rix R'% » yi R2% AO R24 20th Cent-Fax.. 21 2 Nn x Official Weather 100 100 100 wen {in 1° 13% 1x * Union RR P R! R 8 “ Ry U. S. Weather Burean Union Carb "5! 75 ny r _. 1 Central 3% 1 1h y, | Un _Alreraft Op 313 3% R72 a — he LBC NRE HE Un Air Lines . 10% 10% 10% Ya we 3 post citi Wile ot NE Phe 2 rH S 5 * United Corn 2 > 2! recipbl. Stal Pr ICES Decline 10 Cents 4 Nicks! M AR AR Rie — T= Un Gas Imp 12! 12 12! ; Ktatinne High Low tation weatper i ivi £ t A ae - + n 1 U RX Preight Tl \ Tl 's Nate y RY Li n PtClday Here: Peak Dips to $6.70; ! ae Mu ahr T4.°(7 5 Reain 3% 3 3! EO Rta I no DrCley > ’ A \ » Y mt TRT "tn "a "1 U 8 Rubdb 11 1% 1] 1] "> Wheatfield 88 Al n Clean | mt &T . ny - - X US Rub 1 »f 10R!? 108 108 ys Rachester ]1 RY nh Cloudy M i =n ’ TTY 10 8 Smelt nf 64% £47, Ray Marion RO 3 LL Cloudy Vealer S Steady. Ke UU 8& Steel 383, 487 17, 1 Oh NI " T Rain {| Kenneeoat 233% 32% W¥% == 1% U8 [reel nf ; 108% 108'x 1084 | Cambridge City RY 87 10 Cloudy | Kroge: GAB 231% 25% 258 s Umv PK 1n 3 3 1 {Columbus 88 87 40 Cloudy NAY ' > Bb; ivi . —— —— Vincennes ]8 66 88 Rain A v low 9 1 VRS Se Lith Col ? . . Vick Chem 4 0 ah . aoli £9 66 19 Rain an hogs at Indianapel toda [ob AOR hie Guys nhia : . ‘IF. Wayne 84 7h T Rain Ley ly, 80.10 Iie 8 ey . a Ye | Indianapolis 87 88 02 Rain relive 11 a \ § , 3414 : Dy Aes th 53 5% : { Terre Haute . 88 68 17 Rain corama b the BL 1 of AR od . 2 3 2s hh El nlf 106 106 : 108 y 1 Evansville 86 686 62 Rain 1 Economics ht! on D1 $ Cem 48 3 18 Sted 20 20 20 . armel Ml .. 1.33 . rh ee Ady ‘ : y 5 is, ly LW Sew M 5 15% 1% Olney. Til : 1.08 off 10 cents mo dr yest ay 18% MN 18 - ' Woolworth 46" 46" 46": « 14 | Hazleton . : 18 - 10 te 15-cent decline. The peak Yee — ua it iit IN ; A lio - th tix | NI RH 3B Bh 3% — Wivanew 7 %1 51 rice was down to $6.70 on 180 to, n Hh he ah Yellow 15 15 15 § p bo Y a ia ol wd A 2 Young Sheet 365% 36% 365 a | LOC AL ISSUES -pounders. Marine Mid 4g 454 45% . z | na le were steady with ¢ A Martin Gl 3S 25 35 y te Vrs The following auotations by the Indian. ' v ers were steady With & 310 fasonite Corp.. 1% #1% #1% Vy | Zenith Rad ... Y¥% 37% YA '. lapolis Bend & Share Corp. do not ropre op price, . - i — - i - ie ctual bids or offerings hut merely od <hoarn lami EAT n “wenA indic ate the approximate market level Fed horn lamb which comprised » yased on buving and selling quotations of a ms usiness at a Glance |S" "0" - 3 1 ) Stoe Ss ¥ € 0 { py pther classes . " / " : : Classes Ante Invest Cord ....ovvn m { he Ry United Pre y Mv miter € . Belt RR & Stock Yds com 51 5 WA i ave oN \ Baal Ve Co. and Sop Bels RR & Stock pid na i . ~ ‘ GENERAL BUSINESS fie subsidiaries quarter ended April Cent Ind Pov 77, pld 3% 4 May TOB Ronis. May Top Reps. . : 30 net profit $520,187 equal to 1 Gy |Home Te! Fi Wayne Tm 44 1% '5 8 6.50 H313 30 Holiday American Petroleum Institute pe- ¥ U sol, 187 equal * v Hooks Drug Ine com 10 12 2 fh N 38.8 RS 6.8 ny . ‘i . am . re N54 9D » ™ rele ole f £4... os 42) 5 oe ean San ger S sh tht ports week ended May 27 crude oil A common share vs. $254,223 or 70 Ind Tvixe Ete €0 © 2 1081. n RO A 011 6.30 8681 output averaged 3.585.250 barrels CENtS Vear ago, | dpls Water fd In — Nf Gs : oN , ie ” 5 " ™mdpls Gas CO 1 - daily up 146.850 from previous; Viek Chemical Co. March quarter DE SRL, Sri prd 102 TON ad ‘pus Packing Sows on Week: gasoline stocks 84,152,000 bar-' consolidated net profit $787,615 qual Indi aL eat pid 103 10 a DF D eh y w ¢ s Lincoln Nat Life Ins Ca rom y a9? ; 2% A Whe Rh 5 40. 5.80 rels, off 392,000 to $1.12 a share vs. $326.650 or 46 N Ind Pub Serv 5':%% nfd .... 8% AR » Be Pe aD re toe O.0 Dun & Bradstreet reports holidav- eRY N Ind Pub Serv £7 pnfd 1] N41, : Es 2% & '%h1 Dy L cents year ago. N Ind Pub Serv 77% nid an C102 n Es 175- 550 week ended May 31 hank clearings ” [ xProzress Laundry Ca com .. 11 13 ) n 6 3 ; a SIang Shier Pixs 24 300 267.000 re $4.985 936.000 pre- RAILROAD REPORTS | Pub Serv Co of Tne R™, pid . 3 h3 n n : : “ip on | ye x ~h : ib Pub Serv f Ind 7°» pfd.. 32 5! 30. Jn. BR 0 © A00- £05 vieus week and $4.048.005.000 vear Chicago. Burlington & Quincy sn Ine GARE A ar ma ak an N 2% Mie m 2 5h. RB . ov N < y ‘ { ; ot 9 6.00 apo, Railroad Co., wack ended May 27 Union Title Co com > 3 CATTLE (Receints, 7R1 naa . > ol ul 3 " > n . Haute Flee Cn pid 27 in Rolis Edison FElectrie Institute reports, carloadings 13.153 vs, 13.324 previous van Camp Milk Ca com .- 10 ( “r IA 1 . week ended Mav 27 electric power week and 12,634 vear ago. Bonds Nn. anh 210 Nn Gd h 8 4 5 3 5 7 3 i 23} : output 2.204 858.000 kwh. nu 11 I " y anl- Amer Toaan 5s 51 8 1/0 800-1100 0 Medium E73. Ey Oe 300 . p 153 Great Northern Ry, Co, week mo Lon 5s 45 s 251. 101) N ). 1050.12.50) com. 6.00- 6.75 Per cent from year ago vs. 2.170.- anded Mav 27 carloadings 16.208 vs. Citizens Ind Tel 475s AY 12 10% 20-12 496.00 3 . 1 r PAT 1x ™ ww \ " » r Yrvnoalds-Tavior 5s 42 9% 100 Gane } Vealers 496.000, up 10.3 per cent from year 15.768 previous week and 11.241 Vear De BW L : 4 y 10% 10% I 0. BEI A I BRD DTEVIONS RC ago. Home T&T Ft W 67, 43 104 108 on Per dan a0 asnoinnn Engineering News-Record reports North Pacih : (Ind Asso Tel 57 80. a ah 0 . Mee v 8.00- 2.50 construction awards this week $39.- Po Mo a 9 Ry. Oo. week Inuit rE NC 4 x 105 107 for na » . re yi 1 Med " a ( <n. ann 387.000 vs, $71.322.000 last week and on § May 27 carloadings 9263 vs Inter Tel & Tel 5% 53 aR 10¢ Na ) { ] . “av ’ > rd . . gx §» 10% .100 8 50 Calves $45.250.000 vear ago: vear to date 9260 previous week and 7801 yea: Rokome Pro Co 415 5 Ta 102 Common hs : | $1.334.716.000 vs. $1.077.115.000 vear 280. {Morris 5&:10 Stores 5% 88.102! 5 . : n : 7 J | Silk Hosiery ) 5% 42.. 9 0 Yeeit ge caer and ago, up 24 per cent. DIVIDENDS Nad Sik Rosier Mills = 4 38 100, eners locke L 1 y { r A. oe n L oy] « . 2 ’ " . " NTE YR arke Davis & Co. 40 ts pav- Ohio Tel Co RRCSPTanee: | 100 Chotce—. |. Steers CORPORATION NEWS Avis & Oo. 10 cents pay- Ohio Tol 06 ow 97 100 50- 0 9.75-10.50 Choice— g A able June 30 record June 17 vs, like | richmon s 5% 49.103! 05 hr 8 0 S$ 995.1000 . . ichmond Water Wks § 4 1 2 108 Gi Bob. 6d. 6.75 8 a 5eanny Diamond Match Co. March quar- payment March 31 Seymour Water Wks 52, 49 ...100 103 . . so 5 adh toy 13 . 59 n ov : Haute Water Wks 67% ....100 102 MONI oo eon, 850 bal consolidated net profit $529,661 Standard Brands, Tne, YeRUIAT 1 Taute Water Whe 65 46. 109 105 Cottinn == 9.90 800-1050 8.50- 5.05 €qual to 43 cents a common share Vs. [quarterly 12's cents on common Tract Term Corp . vay OF 70 fil - HEAD EO ‘ . . we wel ariel 950- 900. %.00- 825MedIum =o ogy $902,523 or 33 cents year ago. payable July 1 record June 12. SER A P. Crist & Co) Cows y Common. 7.50- 8.25 Electric Power & Light Corp. Wheeling Steel Corp., 50 cents on aarket St Investment Corp.. 21.58 21.81 $ 675- 7.75 Heifers March quarter net income $2,402967 $5 prior preferred payable July 1 er tts em —————— Medium , 6.25- 6 Cl g 9 . No \ al ( 0 75- 6.25 50s 7.05- 895 equal to 28 cents a common share record June 13 vs. like pavment T \ \ Low cutter = 5 ve ) ) J wep VS: $2 2,191 087 or 2 cents year ago. April 1 { ( ST ATEMENT & itter 4 - 5.75 med 6 - 1.50 m— — ce ————— WAR IGTON, Nh in —GovernSHEEP AND LAMBS (Receipts, 2152) | eo I TO ine: To even - 1 “ 1 » » " 10) . N Lambs S ns D AlL Y PRIC B INDEX N. Y. Bon 1s re ni is hear through May 20, compared d cho 8 0 nm y- " . . C This Year t Year & 3 sop! NEW YORK. June 1 (U. P.).- Mey . Tatty : Lr , I } il . v DENTS Expenses 269.047.712.82 $6.754,283.53 Ewes (on shorn basis) Dun & Bradstreet’s daily weighted BOND TRICE INDEXES | Receipts 5.045.466 560.98 5 487. 13.25 oof and choice 3 25- 3.75 dDrice mMmdex of 30 basic commodi- 0 0 0 6h Net D i 1188 300.685 a 1298 510.99 299 B SRINIOF 2.00 5.25 4 Te " Net : 52.54 2 328.5 1 ) d ties, compiled for United Press: Inde. Rails. Utils, Bonds So Ra R41 388.55 2.566. 810.1 35 54 Yesterday R55 BGR IMT R12 Wark Bal 760 203.11 1.985.251.23%7 0% ( 0° Ry J ’ . ‘on hy als 1 o ‘ . Al td 0. as ] i 1. ' 23 a1 ‘ ( HI( AGO I IVE TOC K 1930-32 Averag Equals 100) Week Ach . RAR 5.9 10S |0 6 Pub, Debt nv ns im 2 hx Fi Rid na 53 » i - ak y ek 58 9. 815.057. 6%3.14 > YESLOrday wu.evuensvnanneens 107.35 Month Aga BY Nah yee was iEDE J ora Aanear aa 12-313. 0p0 810.13 ] ER 0 nl WERKE ARO \huharhbiiiiviivsy T0755 | Year ape ws 8 aE Wa ee > . Al 2 Years Age .. 9.3% 5.3 10.2 4 INDIANAPOLIS CLEARING ROUSE s ( 1) 5 o , a hd . n A y full | op $6 90 MONA ABO whsvshntsiusnhuses 105.44 M39 High R/R 0 TR na REA ClPATingS £2 968 NOD 8 SK 35016 65 Pn, ok | YEA BRO ...uuuveiuniiniinee T0243 1950 Bow R32 523 esy wan Debits reas $8.108.000 "SN -5 5 b 5 a 193% Wich «.... T.8 ¥ . ‘ r— 4 a ) 1050 High (May 96) oon. 10802 GRIN BE BE SP RIGN EXCHAN 3 < 3 Jr ai . 13, . 3 na | ee 0 i 1200 eq 1938 Low (April 13) ... 103.17 193% Wigh ..... 950 101.2 1080 T1003 “X%¥a C AN GE n a t n NB a — [193% Law . 8/01 an.R 09] 81.1 NEW YORK June 1 (TT. PO). —Pallawing oS) Ae 3M l 1 4 on ne » TY (Copyright. ne. St i 81 <t are noon cahle rates An major currencies ES SRN NN LOCAL PRODUCE | Comwishi. iam. Sianasra Statistics On) wo ~ \ fy vol - Cable Rates Change «R ) ee marke X ns op, | Heaav hreed hens, lle: Leghorn hens Net England (pound) $4 68% nn 1-18 R11 d 1 rie W o rd bul. 8c: Barred and White Rock springers al Open Change Eng. (60-d. b. 1.0. 4.67% nn 1-16 NAC 0.50 ek | ind over, 15¢: colored soringers, 2 Argentine 4s Feb %2.. 0000 07% Canada dallay 90 25.32 nn 1-64 r1 ali ! NA up. 14¢: Laghorn broilers. 2 IHS. B&O 585 95 int vtivnnnn 2! France (france) 0265 1-18 nond 1-18 8 m Y over. 13e! spring chickens, 2 Thy. and BO Rrbs Bh LL LLeLRAN 12% 14 | Ttaly (lira) N52R% B00 a n ver 3c: Ald roosters, 6c Canada 3'as vasa lS = Belgium (belga 170812 nnn Y No 1Iotly fresh country un egaS. 'Chi Nor W 12s 4d. .....n. SM Germany (mark 4013 wn 11 eo full case must weigh 55 Ibs. Penn RR bs. 00... unin 80!» | Germany (tr, m.) 2305 n240 aro deduction of 15¢ for each Tull Port. Gen El 4758. ...uuunsnnn 2% = Switzerl’'d (frane) 2256 - 0002, eas 55 Ih. will be made. So Pac 4'58 BD 43'y == 33 Holland iguilder). .5358'% no12" S arty —No. 1. 26w@26'5¢c: No. 2. 24% (So Rwy 4s aii “us 33) . Sweden (krona) 2414 non? ¢ 24150 Butterfat—No. 1, 19¢ No, 2. 1%¢ Tokvo Elee 6s } shinny WEY - 14 Norwav (krone) 2355 nnn2 hight (These prices quoted by Wadley Co.) Denmark (krone) 2003 0003 a —————————————— “ ~ ~ Re E—— — A asi te y >» | A : . oh OTHER LIVESTOCK | FOOD PRICES er eh oY nis idrivny : CHICAGO, June 1 (U. P.).—Apples - , ers | CINCINNATI, June 1 U. P Hogs-— Michigan Spyvs, bu., $1.25; Sweet Potatoes counts are Insured by Gov : ou: Sarble 2000: total. 2400; hold- -— Tennessee, bu. hampers, [email protected] J ernment Agcy. up to $5,000. ’ 3 market slow, steady to 5¢ lower: Carrots—California crates, $272.40, Spin- | 3 THER L IVESTOCK _ $6.75: 250-275 Ibs. $6.60: 100-140 Ibs. ach—Illinois, bu., 15@40c., Tomatoes -— 2 Savings & Loan 0 Te \ 15.75, most good packing sows, $4.75| Texas lugs, $1.256 2. Cauliflower —Califor- 0 onia Association ) nia, crates, $1.2561.35 Celery-—~Florida PT. WAYNE P ), ~HORS:- attle—Receinpts, salable 250: total, 650: crates, $2.25@3 50. Peas ~~ California MEMBER FEDERAL SAVINGS & LOAN M t 106202 Ib 56.5 calves, receipts, salable, 300: total, 300: hampers. $1.40%@ 1.60. Onion Market (50-1b.| INSURANCE CORPORATION 160-180 1bs 530. 2 40 2 receipts and clean-up trade abosat sacks) ‘exas Yellows, 75@95c; Texas | 28 South Iflinois St. 40 lbs.. $6.30 AN =O light steers and vearlings mostly White Wax 62':¢ (showing decay) bs.. $6.10; 280- 300-325 Ibs. plain and medium, iargely $9419.35: pack- —— rr ——— $5.00; 325-350 Ibs 60 Ibs. $6.15. age good to choice 625-1b. heifers, $9.75: | 190-140 1lbs.. $6 $6: roughs, most fat beef cows, [email protected]: low cutters R47 stag 83 ( $9.50. Lambs, and cutters, $546.25: practical top bulls. | $0 $7.25: practical top vealers, $9.50 | Sheep— Receipts, salable, 400: total, 400 supply light, generally steady: most good and choice trucked-in spring lambs SN 50 | . i a Ly 25: most common and medium, ids See Final Edition 50; slaughter ewes mainly $263. : LAFAYETTE, June 1 (U P I ~Hogs- . Market 10@15¢ Jower: 160-200 1hs.. 6.401; | of the Times 6.60; 200-250-1bs., $6.95 6.45. 250-325 The $666.20 pigs, $6 down: roughs. $5.25 for gown cajves, $09.50; spring lambs, $1 . . Funds invested here hy tha TENTH Closing Stock Quotations day of June will participate in our wmext dividend July 1st. and Other Late News Now is the time to put your vagabond dollars TO WORK-—in insured safetv,

ELINED

M y | RRR

EPAIRED RAY Women's EFITTED Clathes NOODSTOON re. 0 bd S CK E IT co. k k 0 N A ILORING AV. Bh S. Pennsvivania St, I-12 3 S. . All Makes Rented and Repaired

Dividends Paid During 1938 at Rate of 3% Per Annum

J ’ Ab da TT: nA

THE INDIANAPOLIS TIMES Ta

tion; admitted to Indian ¢ yanufacture p INAUSUnT ovens and drips” Wanufaciure nearing completion, progress of oats International Furniture Co., Tilinois ecor- js mostly fair, pastures and clovers poration change of went to Jacob S : ] White Merchants Bank Bldg Indian. are mostly in fair to good condition apoli ‘ d Np " a AQ “v Southern Independent Oil and Refining bu ram 1s needed. Tomatoes ar Co Inc, Evansville, amendment increas being set out, Soy beans are being INE Sapital Stock 0 1000 shares of WH, planted and a few are up. Some Intersiate Produce Co., Mishawaka: dis- | tobacco is being set out, A few olut.on Th Evansville Foremen's Club. Tne. R. Sugar beets have been planted. R. 5 Stringtown Rd., Evansville; no capi Strawberries and muskmelons need tal stock: social, Harvey B Davidson W ihn >. Wo A. Pease. Walter R. Campbell rain, some strawberries are ripening Hooster Home Rule Democratic Club Sl rat erme av be Tne. 334 Utility Bide. Ft. Wayne: no cami A {ow watermelons have een oe tack; political, Clarence E. Roy, James! planted, {| E. Ford hart E. Paul & & ¥ . . - Nationa Peanut Corp Pennsvivania Similar crop and weather conal corporation: ch nge of agent ta R. H. tions for the Middle West were regh. 10 Mam 3. Eeansvie, [ported by the U. S. Department of | Agriculture weather bureau at ChiCurb Stocks | | wet | STOCK PETITION RECEIVED | Rizk ow asi Themes NEW YORK, June 1 (U. PJ Arras Sun R 4 4 1 Mian ThE > Bin X Alum Co Am ..108'% 10%'5% 107) The New York Stock Exchange anAm Cvan R a3; 23 23 mmeed today t sk © eBerkev Gav Pur. 7-18 7-18 7-18 1-16 n Ww 0 day hat ! ha 1 Braz T L& 10' 10'a 10a . ceived notice [rom Aviation Corp rewstar Aars Ry R Ra “on . t iss . 8 t | Con Maron : TA I ‘on of a proposal 0 issue rights 0 [Carnation Ch 21 2 1 1, Subscribe to one share for each | Gms Corp ... 1304 13 134 « three shares of stock held of reeities Serv fla A'% 6% a ¢ laud Neon Lit 11-18 11-18 11-18 1-15 ord June 22. Th2 plan is subject Col O&G 31! 31 A x . . . Creole Pet * wiv giv | oi i, [0 effective registration under the Ea Gas&Puel 1% 1% 1% Securities Act of 1933. El Bd&-8h 8 8 Rs 7 Glen Alden 4'a 4 4 3 = RDN Gt! ARP ng, NA BOY ' Gulf Oil 334 33 33! - LT A SY Is LOVE AT Humble Oil 50'4 BO BA “a 1} Imp O Can 15% 13 15 = 14 ST SIGHT Jones & Lan Stl 27% 2%! 25 - ly Lockheed Air 21% 2% AT =~ a ? Mont LHP 31% 31% 31% = A THE REAL Niag H Pw: 67a 87a 67% Pac GE 8 pt 32% 323, 32% a Sherwin W 93 a3 03 1 Technicolor 16% 169% 16% a Un Gas Corp AY 2'n 2g " Wright Harg RB'a 8 8x a | * Chicago Stocks High Low Last The first time she saw Wie loveWAYNE. A oF . Si ly Joan Field gave her heart to ATMOUr & CO .. oun 4% 4'n i . Harry Davis. Is this the wind o Asso Investment . 38 08 38 } hey hn Bendix Aviat 33% 23% 2334 love that lasts: win 3 5 t Berghoff Brew 10% 104 104 happiness in each ter? Don’ Cent. III PS pt 725% 23 2% smal Cent Ill Sec ev pf 1 ” : : " mi: s this human dron . Chgo Corp cv pl 33! $3 Rl Chrysler . B83 68 684 WH. Comwlth 2a son . 28% 8 i 28! Deere & ‘an 20 20 20 Elee Heusen "hae v3 } 3 Gen Finance vv V4 24 21% Gl . Belleman, Brew . a . R's 8's ard S&B vias HY 35 2S Mt States Pwr pf 5514 55 58 Presented by The Prudential No west Banep 7 i nn % Insurance Company ul Aen enn El Switch A 14 14! 14, NX ce: Newark, Perfect. Cirele ......v. 28 26 28 od Home OM: Pines Wiront ..... "ae ‘& 4 Tu 3 Mon. . Rollins Hos 1’ 1% 1h | SS WM then 1 . Sears-Roebuek 4! "41, 74, NN Fri. . . Trane Co 14% 14" 14% : United Afr Lines nn! nt nt Zenith Radin 17% 19 17 , ' y . ' \ We take pleasures in announcing that as of June 1, 1939, our firm will consolidate with, and conduct business under the name of

1 $1.077.115,000 reported in the first

CC SAS

BUILDING | CONTRACTS AWARDED 37 STATES

Prepored by - Administrative and Research Corporation =

on) 14 le ,——,—,—. 5 Ce YL | 3 3 BB Qesigential An Others li Qo 12 5 bi M b 4 Ge I 4 Bf . 5 1 H 1 % >

cri

Daily Average in Million

JEMAMI JASONDJUFMAMIY Ns xD

Ne 1939 wee

1938

1937

—

BUILDING DIPS 2 Brokerage FOR THE WEEK

Lower Total of Engineering Grants Attributed to Holiday.

—

Moore, Melean & MeDermott, dianapolis and Chicago firm, today was consolidated David A. Noves & Co. of under the name of the latter Notification of the merger | sent today Lean & MeDermott,

Firms Merge

m= brokerage with Chicago firm w to clients of Moore, Mc!

NEW YORK. June 1 (UP) —FEn- Russell W, McDermott is to be in gineering construction awards this Sharge of the local office of he week showed a sharp decrease from NM, and George G. Good will be the preceding week's total, prinei- his assistant, Both are of Indian-| pally because of the Memorial Day "POIs: lis off ! twee pie holiday interruption, and fell 12 per , ne Indianapolis office ol the new cent below the corresponding 1938 firm will be maintained in the forlevel, Engineering News-Record said er office of Moore, McLean & MctOdaV Dermott at 40 N. Pennsylvania St, The publication estimated total

awards for the week ended today at £39 887.000 against $71,322,000 a week ago and $45.250,000 a year ago, The current week's totai lifted awards for the year to date to 3h 334.716.000. or 24 per cent above th

2b)

weeks of 1938, Above normal temperatures except for Tuesday wera reported today IN R T N by J. H, Armington, Weather BuNCORPORATIONS rean head. in hiz weekly summary of weather and crop conditions in Oonrad-Kammerer Gina Ca. Ine. New INAIANA, DY amendment Authorizing 136 shares Readings above 90 were reported NESTE A anal Tho a0. tai for most stations, he said. Rainfall Wom Oh Remy kney. Bowman Elder. was reported mostly light to modI OW ve: Rin Ine. 243% erate but more than an inch fell at AEA, Shedors Schmidt, same addrest Evansville and Cambridge City. Clarice D. Pai ga TRANG I a Weather wsa mostly favorable for The Knapp Supply Co. of Union City, farm work, Mr. Armington asid, but TR ox TopTianiantion, Capital stock. 1000) the soil is too dry in some sections Fortin Motor Sales, Inc. Garv: amend- Winter wheat was reported making | fhent changing name to Finch Motor Sales. | pair tp good progress, heading in he Gehnrich Corp, New York corpora- most sections Corn planting is

HIGH TEMPERATURES REPORTED IN STATE

DAVID A. NOYES & COMPANY

Ex<tablished 1508 CHICAGO

Members New York Stock Exchange New York Curb Associate Chicago Stock Exchange Chicago Board of Trade Winnipeg Grain Exchange

Mr. Russell A McDermott and Mr. George G. Good

The address of Indianapolis and Chicago offices will remain as formerly.

Moore, McLean & McDermott

40 North Pennsylvania Street, Indianapolis

Telephone LI. 6563 208 South LaSalle Street, Chicago June 1, 1938.

ccs ET 355555 w is “ aoe cin

— PAGE 24

ON THE RADIO

TONIGHT [America.” The next in the group f:00-=RKate Smith, WFBM, will be broadeast al noon tomorrow, 6:00==Rudy Vallee, WIRE, |NBC-Blue, and will tell about Lue 7:M0-—-Good News, WIRE, eretia Mott, 19th Century women's 8:00-=Andre Kostelanetz, WFBM., rights crusader,

It's hard to tell Next week watch for Elizabeth d-r-rama or the prize fight gna igi take over the radio thiz evening. Of course Maxie Baer one corner comedy may be present And if the fight becomes dramatic, then we'll have little choice Th» broadeast of hiz bout with Lou Nova will zaommence at 8 1onight, NBC-WENR. Clem McCarthy and Bill Stern will describe,

whether the

should

Andre Kosielanetz plavs on the Thursday svening spot at R o'clock, CRBS-WFBM, for the last time. Next Monday he starts a new half-houv proadeast oan the same network and same «tation at 8 p.m Matty Malneck opens {or a long pngagement at 9:15 o'clock tonight, |{OBRS-WFBM. He used to he first violin with Paul Whiteman, and many vears ago he studied violin with Mr, Whiteman's father in Denver He's

large

» »

with in

» the Group

» Theater Clifford be broad al

The last of adaptations, featuring Odets’ work chiefly, will cast on the Kate Smith How

o'clock, CBS-WFBM,

6 {6 have a vary

such a small ag=

supposed library (or

The piece will be “Golden Boy,” gregation. He has eight pieces and starring Frances Farmer, the Seattle more than 200 arrangements girl who went from Hollywood 10 Tonight Mr. Kostelanetz will play the legit, [a digest version of (he First Move " & » iment of Tschatkowsky's “Pathetie “He Runs on Sevilla” was a wild- que Symphony.” ' eved fantasy written by Ravmond n % Scudder and broadcast May 18. Now . Mr. Scudder turns to the hard and po sued (alge: br, Walks fast=but poignant—sketeh of John | = 0 w of Paul Jones and the Empross of brought music closer to thousands Re ily : o : school children and grownups alike, 11S 1" y : will visit Crosby & Co. on the Musie Mr. Jones, you will remember, led program at 8 o'clock, NBOw=

the Russian fleet to a great Turkish

WIRE. Another Walter will be Wale having sueceessfully

victory adier ter Huston, who will revive some of beaten the British, He was a simple .. 114 vaudeville routine for the soul and was robbed of eredit for his how Jimmy Durante, always

1 1:15 Vaice of Exper, 1 Chamber Or, Headlines I " "

Belieyg Varieties 44

in Indiana renper Younr Guilding Light 3

~ Rackstaze Wife Mad | Hatterfelds

2:00 : dark “Shannon Tiannrama 2:15 Matines Stella Dallas Tropic Moods Club Matines 2.30 " " Vie & Sade Concert Hour Beautiful Life 2:45 Four Clubmen Girl Alane " " cL Woman Speaks 3:00 Ruth Carhart TT Midstream Musin Midstream - 1:15 Dr, Susan Rasonology Ralph Russell Rhythmaires 2:30 Carivle Stevens Silver Wings Old Retrainy Silver Wings J Ah Behind Stars Interviews Hawaiians we Rhythm : mm Rutler Forum vp ad Beauty Relieve In Indiana Kitte Keens ¥ 5 , npr * " , A Hh " Tre Redth Edition " " Smilin’ Jacek 4:45 Light's Or. Unannounced " " Lowell Thomas KEY NETWORK "STATIONS “(Subject to » change): MUTUAL—WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM, 850, NBC-BLUE—-WJZ, 760; WOWO, 1160; WLS-WENR, 870; KWK, 1350, , NBC-RED—-WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670. CBS—WABC, 860; WIR, 750; WHAS, 820; KMOX, 1090; WBBM, 770, ’ ) ORION TAL Answer to Previous Puzzle 19 Myself. ictured is 21 This country’ the map of RBIIE QTE prime " — A onc minister 71t has a large Hd 5 EOI de = i CONIOT wwe OT 24 Maiden.’ table-land, ' 26 Ironies. 13 Auto body WN 27 Prominent 14 Monkey, r 29 Mineral J8 Nanerios HAKESPEA Soriog. ‘over, 1 Light brown) 18 To emit 33 Pertaining te) vapor. 0 [ the retina. 20 Unit of work. ROS 34 Indian. : 21 Crime, RT 36 Genus of ; 22 Antiquated d - rodents, 23 Bartered. 43 Sun. 2 Small 37 Conditional 25 Part of a 44 Loss, memorial. stipulation. o | , Grama. 49 Pays one's 3 Decree. 39 Upright sha 26 South part. 4 To drain 44 To opine. ’ Field BE aklation, § Form ol Mn 4 Deity of war) 29 Perched, 55 ro Sha. 6 Granted facts. 47 Door rugs. y 3 repos ion, 56 Condition, 7 Tiny 48 Gull. : 32 To cject. 58 To increase vegetables 49 Circle part : 35 Lights. in price. 8 Dye, 50 Three. ‘ 38 Opposed 10 591t has a milg 9 Cravats, 52 Metal fasten wholesale. . 10 To register. 54 Man's readi uw D abituate. 60 This land's 11 Nook. room. An, Cutw [mae upd <a ; ootlike (abbr.). 4 Egyptian VERTICAL part, $7 Sound or) 8 deity, 1 Exists, 18 Gaiter, inquiry, | 4 7 8 0 | 1 - 13 5 Io | | 7 | | 0 gi | ? 25 26 i 9 ’ . hd

pa. i y NA oN YAR win, That was where the Empress ,woeaple news, guest-stars the came in, Rudy Vallee show at 6 o'clock, NBC= The broadcast is at 7 tonight, wiRE. So do Fay Wray and Pani NBC-Blue, Robeson, Carey Wilson, who "- 2 writes the Hardy Family series for The Federal Theater, as has been the cinema, will present a monolog, already noted, is presenting a series “Yesterdays,” in the Good News called “Women in the Making of show at 7 o'clock, NBC-WIRE. . +s n w n ” » . THIS EVENING (The Indianapolis Times Is not responsible for inaccuracies in program ARs 0 ements caused by Nation changes after press time) » IN ND MAN APOL is NDIAN hous CHICAGO CIN INN AT WFBM 1730 WIRE 1100 WIS-WENR K70 WLW iw (CRS Net) (NBC-MBS) (NRG Net) (NBC- MBS) “100 Stanlev Mickman Rita Ris's Or Rita Rin's Or Kitly Keens 11s Tea Topics Patricia Gilmore Maleolm Claire Patricia Gilmore | 1:30 " " Home Edition serenade Sweet & Low 1:15 Nan Wynn Rono's Or Sports Lawall Thomas 5.00 T Ohvistian Science Spelling Bee Fasy Aces Raker & Denton - A158 Rohemians Neizhhoarhood Toast Persons Silhouettes . Ha0 Wistory Speaks Satety Talk Goldman Coneert Nina Dean A Ad News Aly Newspaper " " Inside Nporis 6:00 Kate Smith Rudy Valles News Rndy Valles «" 6:15 PL dd 4 dd Sporty 5, 30 " 4d " » Know Your Schools " " \ 615 "» ” ”» ” " " bd ”n 50h "Ma for Bowes Good Newy Werbeek 's Or Good News wo 18 ’ " 18 " Balognint's Or, » _ . 30 " » 4 ” Unannonneed % 15 » » "” "” "n " -» -» 2:00 Tune-up Time Musio Hall Baer vs, Nowa Musie Ran x iy " ’ ”» "”» ” ” » "» * 8:15 NYA Program " "» " id " " cs 9:00 Ames & Andy Mr. D. A, News Mr. D. A, N15 Malneek's Or, Basenall Herbeek's Op, This Is the Farr 9:30 Joe E, Brown 44 " Fisher's Or, Amgrican Parade | 9:15 " » "» " Y ’ \ 10:00 “News - wn Barnett's Or, Peter Grant M:18 S Kave's Or, " "- " " Farber's ' 10:30 Hackelt's Or, News Shaw's Or, Monnlite Gardens 10:45 " " Shaw's Or, oi n 1m Molina’ " Or Recordings Fisher Lyman's, Or, 11:15 Pliner & Fail's Or, A 11:30 King's Or, n n Basie's Or, Moon River ; JAS » " Rainhow Tris " ” ” " INDIANAPOLIS INDIANAPOLIS INDIANAPOLIS CINCINNATI WIEBRM 1230 WIRE 1106 WIBC 1050 LW 00 - (CBS Net.) INBC-MBS) (NBC-MBS) : 7:30 Early Birds Devotions Prayer & Praise Checkerboard 6:45 " ” Markets Melody Revue Pioneers Ti 00 » " Tunes & Tips Breakfast Jam “Time te Shine % 15 "n " " ”" "” Peter Grant VA0 " " Step Ahead Checkerboard Caravan Nie " ” News Breakfast Jam _Gospel | Siager £:00 Kitty Kelley "Central City Coffee Cups “Central City ‘n R15 Myrt & Marge Other Wife Musie In Air Paul Allison 8:40 Hilltop House Plain Bill Fashion Footlights Julia Blake Sh _ Ntepmother Woman in White Devotional Hannah N00 " Renndup David Haram Reflections Linda's Love ¢ 9:15 Seattergood Lorenzo Jones Charm House Vie & Sade 9:0 Big Sister Widder Brown Melody Moments Alice Blair 0:45 Lile Stories Balleting Dr, Swing Road of Life - 10:00 ~ Mary McBride “Uncle Jimny Friendly House Editor's Danghter 10:15 Nancy James Dessa Byr ¥ " The O'Nellls 10:30 Farrell's Kitchen Editor's ot nahi Safety Program News 10:45 " » Linda's Love Castle Time Farm Honr 11:00 Echoes Singin’ Sam Rhythm J \ 11:18 » Dr. Malone 9 "» Farm News 11:30 Farm Circle WIRE Farm Hour School for Brides Livestoek (n 15 ” " Markets oy Greets Girl Unannonnced 12:0 Farm Bureau Betiy & Rob Tommy Sutton Reily & Bob 12:13 News Grimm's Danghier Ramblers Grimm's Daughtef 12:30 Bahemians Valiant Lady Bill Jones Valiant Lady ‘ 12:45 When Girl Marries Betty Crocker Sleepy Hollow Betty Crocker HH Marine Band WIRE “Renorter | Musicals Mary Marlin 3 " " shut-in Friends Ma Perkins