Indianapolis Times, Indianapolis, Marion County, 2 March 1940 — Page 9

SATURDAY, ‘MARCH 2 1940

IPORKER PRICES UNCHANGED IN LIGHT TRADING:

Top Holds at $5.65, Paid on 210 to 220-Pounders; Receipts Slim.

TOMORROW TOration Please” among rad 11 100-—Radio City, NBC. : fev really literate guessing: ‘games. 2300=N. Y. P t #8 = 8 - WFBM. Two works by Schumann 6: 00—Jack Benny, WIRE. Smetana,’ and one each by Stra and Debussy, make up the progr which: Bruno Walter has selected for his next-to-last appearance wi the NBC Symphony Orchestra ( o'clock tonight, NBC-Blue). Schuthann will be represented by his Overture to Byron's “Menfred,” and the Symphony No. 4 in D Minor. From Smetana’s works, Mr, Walter has selected the tone poem,

EY, YORK § lUmumEs sae

iol. By UNITED PuESS : Dow. soNES STOCK AVERAGES) ; Es ‘80 INDUSTRIALS ¢ / | Today shipesnsenseaiaetbanes 146.88

Week AZO .i.ovecssroransess 146.92

0 — T YEAR'S NEW Tame teint! ode Fon) Shar LOWS Al N.Y.

RE Sea ERE ae EEE tes 20 RAILROADS - de % din ene = fstels Firm, Motors Gain Yesterday Louise ili 80 | : dn Quiet, Irregular ‘Stock Trading.

NEW YORK, March ‘2 (U. Pye

+0.10 0.81 '—0.63 | Sears

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"GOOD MUSIC" By James Thrasher Those listeners who have ‘grown fond of Columbia’s- musical quiz, “So You Think You Know Music,”

he be =the =

Snil 2 esas fae Gold ... °

lasssanseviastsvasionse

- NEW YORK, March 2.-The I. C. C. seems to be getting hot about| the railroad problem—at least about ‘one railroad.

It is actually putting one railroad

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“High, 1040, 82.67: fow, $0.15. High, 1, 85.90; low, 24.14.

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through the wringer, or attempting to do so. And what it proposes for the old Chicago, Milwaukee & St. Paul is, generally speaking, what I “have been crying for for most of the railroads for the last seven years. Here is a road which has roughly 224 million dollars of common and . preferred stock. And it has outstanding 478 million dollars of . bonds. Bookkeepers and assessors can Juggle figures all they want but they cannot make that road worth

that much money. It hasn’t earned

any profits on that capitalization and it never will. But it has some value left. : Therefore there are two courses to take respecting it: let it run along with.that capitalization, lending it more money from the "Government, and watch the road slowly eat up all the value that is left. Or we can face the facts squarely and cut the capital down

to. a point which resembles the|j300 150 property and potential earning value | Good—

pf “the road.

: 8 nn = IF I BUY A BOND for $1000 and “4t never pays any interest and finally gets to be worth $300 on the market and there is no prospect of ever earning any interest, is it not better to have it reduced to a $300 bond

and take some stock for the balance | Good

of my investment, hoping to get something that way, than to see even the $300 value wasted? It is better for the investors, for the road, its customers and the country. _ Now the common stock and the preferred stock of this road are absolutely worthless. The sensible thing to do therefore is to recognize that, just as we do when a house with a $500 mortgage cannot earn enough money to pay the interest. The equity is then valueless. The C. M. & St. P. is in bankruptcy. The I. C. C. has declared that its $119,000.000 of preferred stock and its $105,000,000 of common are utterly valueless and should be abolished. * It then takes its $478,000,000 of bonds and some of ‘its accrued claims and proposes to give to the various holders, depending on their several priorities, new bonds and stocks :

2 N 2 WHEN THEY GET THROUGH! the new capital will be $548,000,000]to instead of $744,000,000. All the old stock will be wiped out and some of the bonds will be reduced to stocks. If this is approved by the courts the railroad will have a yearly interest charge of $4,269,000 instead of $24,000,000. I do not know

whether the I. C. C. has gone far|bs

enough. I think it should have gone farther, but at least it has gone in the right direction.

A plan like this may restore this|comm

railroad—if the right kind of managers are put in—to a healthy business enterprise which can earn profi‘s, buy locomotives, cars, rails, materials, make improvements, spend money, pay taxes and contribute to the recovery of the country. If the whole railroad problem were approached this way it would not be long before they would be spending a billion a year on reconstruction and rehabilitation. This should have been begun seven years ago. If takes time. We would have ‘been well on our way to real re-

covery now. As it is, we delay. We|350-28

still delay. The longer we delay -the Songer we hold up recovery.

WHEAT WEAKER IN NERVOUS TRADING |

CHICAGO, March 2 (U. P.).— Wheat was weaker in nervous and erratic trading on the Chicago

Board of Trade today. Other grains Bliss

were irregular. Wheat closed unchanged to % cent higher with May at $1.00%@

One, we can|

Union ockyards here today, according ing Servic The top Jprice was $5.65, paid in the 210 220-pound division. An estimated 75 salable cattle were re-

ceived, 25 calves and 1500 sheep.

To s 500 des 500 ia ch’ Hop Re a 3: $56 1500 Packing Sows 5 3.83

Feb. Top Recpis. Reh, 26" ...$ 5.60 1 L500] 27 ... 5.60 5.60

Barrows and Gilts

4.30- 4.50 4.10- 4.40 3.90- 1.20

3.75- 4.00 Slaughter Pigs | Med

and d— 5.25| 500% 120 3.00- 2.90 Slaughter Cattle & Vealers (Receipts, 75)

Bulls (Yearlings ezciugee) pr, a . vy gs .. 6.50- 7.00 . HE od 6.00- 6.50 !Cutter an common _ 5.25- 6.00 Vealers

Botnay Sonor

oa 50-11.50

on «30 doen US _ enol

Common—

500- 900 6.00-

750-1000. 6.50- 7.50 Sati 95 ceipts, rsers. Heifers Chote Stecrs $903150 9.75-10.75/ C00 0900. 9.00- 9.75 500- 750 8.25- 9.75 1050 ~ 8.50- 9.00 x 00d— 500-800. *8.00- 9.00 Choios 211"? 300-1080. 7.75- 8.75 A edium— f30: 500 923 10.15, Bot -1000. 7.00- 8.00 - ommon—= 78 5%. 325.8% 500- 900. 6.00- 7.00 8.50 Calves jSisers) Good and Choi 7.25 Noa down 9.25- 25-11.00 Cows 500 ‘down 8.00- 9.25 Good ....$ 6.25- 7.00 Calves ate? Medium. . % 6.25| Good— Cutter and 500 down. 8.50- 9. 50 5.50) Medium: pen - 4.501 500 down 7.50- 8.75 SHEEP AND LAMBS (Receipts, 0) Lambs Good and choice .......... +=¢-$10.00- 10 I Medium d d Common - Ewes (on shorn basis) Good and choice 00- 5.0! Common and medium ......... 3 75- 200 a 1 1 CHICAGO LIVESTOCK Hogs—Receipts, 300; only few small lots on sale; very little done, undertone steady. For the week—Closing levels considered ss. Fao on weights under 220 'bs.; butchers lbs. upward; steady” io. 10 cents es packing sows, 1 iceable lack of finish in offerings: - Week’s top, $6.50; late bulk, ood to choice, 180-240 1bs.. 2 05.55; 40-270-1b. DUT $ 5. weights downward

good 140-170 lbs., $450 5.

Cattle—Receipts, 400. Calves — None and yearlings strong to 25 cents higher;

medium to average-good grades, especially

Tr: weak: heifers Steady to 25 cents ighers advance on good and choice offerings Sows regained ly loss, ulls,

yearlings, 0; good to choice 1612 1 $10.5

, Cpjsiate heifers, light-

1500 25;

6.75; cut- " wn; canners, weighty sausage bulls ‘early. own; good to choice 711.50; selects to $12; choice yearling stockers, $10.25; feeder steers, [email protected]. ; compared Fridav last week—Fat lambs closing active, 10 to 20 cents higher; spots up 25 cents; late top for fed range lambs, $10.25; highest since Sentembel bulk fed lambs late. [email protected]; very er $10. except weights uoward to 11a 10s. at 3. 75; native lambs very scarce; not enou offered to test market; best A $8.75 @9: fat ewes, relativel Searse: Best for week—$5.65: bulk, [email protected]: small lots natives, $4.75 down; feeding lambs scarce.

OTHER LIVESTOCK

FT. YNE. Ind, March 2 (U. P.).— Ho S, 2 ay 30 cents ower; 200-220 1bs., - bs., $5.10; 160-180 1b

[email protected]; Cattle—100." Calves—175. Sheep

Chi icago Stocks 2.000 gery ot. Tp 108 &

ceeessase a

944 4

Cent Cod | Stor. Cent Il Chica i Con Comwlith Consé6l Bi ON SO;

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changed 0 in the light week-end trade at the|Am Com the Agricultural Market-

Bowetghi Hghtwelg t c

400acking sows, [email protected]; few ‘lightweights Cc

Compared Friasy last week—Choice Slo; e Tr

h iis] yearlings, [email protected]; choice 939 and | C

leat cows | Childs

bulk stocker and S

yearlings C

- oal vte 2 Cons Coal pf vt 18 Container ... Con

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Loco pf 56 Machi:Fdy. 14

Metal . 3% cee. 35% W, veli@ L 6 pf 53 dé&s|

St HE OTES «coos foie” a ar of... Ty T .. Thre Fovacce « eee 86 Tob - 98

pe Zeive Am Ww 3 Am wat’ W 1 o 50a Am ~ Woolen aconda i 352 Anchor Hock G 20 Anchor H GI » 11% irmour Ill ... Armstrong Ck. a \rnold Oonst ... 10 \sso Dry Gds.. 1% sso Inv : tchison hison pf C. Line... Refining . as Corp .

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2 «11% . 22% 83

Colgate-P-P ... Colgate pf ....10 Colum :

Cong-Nairn Cons Afrcratt | Cons Cigar Cons Cig Cons Cig pr pf Cons Co

BORIC UNE 00 Oras 400 301d bt C0 2

CL) Doors >.

.. 157 A 13 11 488

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Today teseetascnivainnenae ‘Yesterday eesssessscnvssnase Week Ago csvcesevsenssscase Month AZO ...cccooccovassse Year ARO ......0 vivivrivars High, 1940. 26.45: low, 24.17. High, 1939, 27.10; 0: low, 20.3%

15 MOST ACTIVE STOCKS «(in 100s) High Low. Close Change El Por & Lt. 80 8 4% United Gas .. 78 18% 12% Loft ......... i5 30% 20% Loft ......... 75 8086 29% Col Gas .... 49 58% 5% ° Can Pacific.. 41 35% §3% Ins Sh cts md 40 “Gly 6% Studebaker .. 88 115% 111g Aus Nichols.. 38 4% 4 Com & So0...38 1% 1 Radio ....... 86 5% 5% ceeee'88 12 N% Cong Cigar... 38 13% 12% Armour & 08 5 5% 3% Tex Corp.... 30 44% 44% United Corp. 30 2 216

Stock sales approximated 270,000 shares compared with 380,000 in the | U short session a week. ago. Curb| on stock sales were 100,000: against|{

24.11

441%

| 98,000 last week. “

Net Close Change 083%

30% 1

5 | |

, ‘High Hat. ‘Co pf..... 98 Berd ollander & sn 1%

y ver 13% Home stake Houd-Her B . Oil ... Howe Sound ... 48 Hupp Motor ...

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Jarvis CO ee... 15% 15% IE Kalamazoo S&F 13 Kan C Sou pf . 17 Kelsey-Hayes A. Kennecott ..... Keystone Stl ... Kinney 5 pt.... Kresge D S ....

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Kroger G&B ...

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G&E Tou & Nash .. 36

—M— Tr veceee + 25% RH

29% Ea

Fld .. 14% (Glenn) 40% Parry .. 12% Corp. 35

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¢" pt B 11 Distillers . 28%, Enamel ... 12};

LLL:

b ee Sup Penn. 8%

Customs. . 4

Spiegel Ine pt. ot uare cee 837 8t A Als. ptf. is NE Std GEE vale sg : ot Sid © S&F ; 5a 8 ga > n ot

Starrett L 5 vee 30 Std O +4 Sterl Froa 82 1 oA

tew= war ich ‘Stone & Web.. a, fa oe a4

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38 Sul .... 34 ss a0 3 oh He

Br ft merica Ww Air ft & Wins it

Bentp ‘ot 239) RT... 2Ys sl 4°

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Steel ties e rf .e nd Stores 3% Only Bit. ¥ pi ot. wth

Vanadium ..... oy

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. . . .

x A x ; Nard Bak pf..

arner Bros .. aukesha Mot.

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Sintarsenoninco oats im BRAS RAAT

ite Sew ‘ 7illyc Ovind . 5% villys Ovind of 3% ilson & co: 55% yilson of . 65%; oolworth 4

Wrigley

Ad AAAAAAAAAAAA ASSASSINS SiSs S

Yellow Tr ‘ Ios Young S & Ww. 10 Young Sheet . | 4014 Young Stl Dr. 23%

U. S. STATEMENT

WASHINGTON. March 2 (U. P.).— Government expenses and receipts for the current fiscal ‘year though Feb. >. compared with a vear ago

This Yea 185 148. ain. 103. 41 $5. roy 655. ols. 83 3,502,609,214.61 3,652,786.320.28 3 646, 597 a 30 2.232267. 298: 54 2/625.699.278.80 2.206.530,646.54 2, 349.768. 330.13 3,343,424,933. 96 0.443.39 2.693.421.335.1

Expenses

. 18.37%.

239. 05%: 1060.03 ~~ '210,209.061.17

SLEARING HOUSE AY . y $4,415,000

INDIANAPOLIS ~—For Gleatings —For the Week— 48,156,000

WAGON WHEAT

Indianapolis grain Elevators are payin for No. eat, 94c; subject to marke change; otigr grades on Th) merits. Tash corn vellow, . shelled, 5lc; white, shelled. 87¢: No. 2 white oats. %36c.

p 2 72

1and industrial averages.

ce. |low.

; Blagston Bro he ake Sh M

8.121,000| 5 b | Gismninee a ee $19,892,000 | =¢ Debits

utter. 2}30%c.

Utilities drifted down to new lows

4 for | the year in a quiet and. other-

wise irregular stock market today. Steel shares were firm and most motors registered minor gains. A slight gain was noted in the railroad Mercantile issues, aviations and a [Tew special issues

gains. Utilities continued under the

, tdomination of uncertainties "sur-

rounding integration of large holding companies being instituted by the Securities and Exchange Commission.

New lows for the year and longer were made by American Power & Light, American Water Works, Columbia Gas, Electric Power &| Light and United Gas Improvement issues. North American equaled its Louisville Gas & Electric A lost more than a point. i Foreign loans and U. S. Gevernment issues registered small gains on the bond market while the domestic corporation list was. nar-

2 | rowly mixed.

Curb Stocks

Fish Low Close cnaige

\ero Sup B.. is 1g

0 Am..

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\m Super ... Ark N Gas A: \uto V M \Viation & TH:

ab. & Wile. ald Loco wa. .

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0 TA LL. Pantepes oO y. ohillips Pack. . Phoenix Sec ..

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6% L 113% vo 1184 ..102 Puget So 5 pt . 5Ys St Regis T Paper 2% Segal 1% Sheen std P&L Sunray yes Technicolor ... Un Cigar Strs.. Un Gas Corp .. 1 Un Lt & Pwr A 5-18 Un Le > Pwr pf 34% Un S 3 us Pon = . 62 S Lin spt. 4% Un wal Paper 2% West Virg Coal. 2%

LOCAL PRODUCE

Heavy breed hens, 5 lbs, and over, 12c; under 5 1bs., 10c; Leghorn hens, 7c; B and White Rock roaster, 4 lbs. and over, 1c; under 4 lbs. 9c: heavy stags, 7 orn stags. 6c; Leghorn broilers, 2 lbs. over, 9¢; capons, 9 1bs. and over, 18c;

8 lbs. and over fun esgs.

No. 1 strictly fresh count: 12¢; each full case Just we gross (a net deduction of each full case under 55 ibs. will Be 1nade). 32%%c¢; No. 30 Butterfat—No. 1, 26¢c; No, 2, " 25¢. (Prices Quoted by’ | Wediey 'Co.)

LIVING TRUST Why? When? How?

EE FRESE

Barred

ts for

Cf pt ed th kh WV

will be glad to hear that it will be available on. WFBM when it moves to a new time spot tomorrow night. Furthermore, if you are particularly keen on the program, you'll be able to hear it twice.» Not only will the quiz show be available on the local station at 7:30 p. m., but it also will be broadcast for New York and eastern stations two hours later. Because of the program’s nature, they will have to have two sets of “experts” on hand. Although definite information is lacking, it may be assumed that the same set of questions will be used twice, and that contestants on the later broadcast will be kept away from their sets to prevent “cribbing. There will be two invited contestants and two audience volunteers for each program. Guests on tomorrow's later broadcast will be Rudolph Ganz, conductor of the New York Philharmonic-Symphony’ Ss young people’s concerts: and noted pianist, and Dana Suesse, the young woman composer whose specialty is Jazz with somewhat serious overtones. Visitors for the CBS-WFBM show at 7:30 have not been announced. It-would seem that “So You Think You Know Music” at last has come s|upon palmier days. For a time it was off the air this summer, deserting “its “before-Philharmonic” spot because of a dearth of quiz material. But we may assume that things are looking up, since the program has been moved to a more advantageous time and made available to more stations, d its

“Vitava” and the Overture to “The Bartered ' Bride.” Midway in the program listeners will hear Strauss’ “Don Juan” and Debussy’s “After noon of a Faun.” Following Mr; Walter’s .conclud= ing guest appearance next Satur= day night, Arturo Toscanini will re= turn to conduct the remaining eight concerts in the NBC orchestra's season. 2 2 # You may hear Schumann’s Fourth Symphony again tomorrow as played

Shesits. Elsewhere in the concert I. with two members of his orchestra, Zolton Kurthy, principal violist, will be represented as a composer in his “Puszta: a Symphonic Rhapsody,” which opens the program. And ' Joseph Schuster, the solo cellist, will be heard in -Boccherini’s B Flat Concerto for Cello, which concludes the broadcast list. Kd ra 8 Jose Iturbi, that man of many ine terests, will return to the instru ment which brought him his orige

soloist with the Detroit Symphony Orchestra on tomorrow night's “Sunday Evening Hour” He is scheduled to play the last move~ |ment of the Mendelssohn G Minor Concerto and pieces by Liszt and Albeniz, Eugene Ormandy will cons duct. 2 8 = Mutual will broadcast a Finnish

benefit concert at 2:45 p. m. tomor= row. Participants will include Laue

cause for rejoicing, too. For the musical quiz deserves a Place beside

8 8 =»

(The Indianapolis Ti nouncements pr by station RR

NAPUL, POL INDIANAPOLL (CBS Net.)

ami

Henry King » » ” ”

Home Edition

2a0 Gann ates 5852 63588353

Stairway World Peace Glen Gi pm Baonctial

New Public Welfare Rhythm Rh Sk v, Baz Lapny

ay Dick Reed

Arch Obeler Wm, E Green

adaa!

Gang Busters I U;-Purdue

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» Death Valley

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Box! stam to KSo

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Singing Cop fayne King .

Caravan ” ”

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Ansa son Weeks ‘News Basketball Tony & Bill __Bob_ Chester Ing

"Dick Stabile ”» »

: Glenn M Herbie Kay Ozzie Nelson

EE SOS

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Pe .e = He

Herbeck's Ray, Noble

Or. Nick Stuart

Phil Harris ”» ”»

— on 4

INDIANAPOLIS WFBM 1230 (CBS Net.) Silent

adel

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Tone Pictures

SS oe

Eurosean News Wings Cher Jordan

Sains S158

Melodi¢ Strings Band Music UC. M. 8; Class

’ String Quartet L 0.

OOP [x XXX

Star, Dust Melodies Crystal Hour

Ma), Bowes x 4 > Salt, Lake Choir

oe : or

Poetry

FET

News College Comedy |

Democracy News. Rhvthm

Pick of Town

noma 5353

IRE | (NBC-MBS) Human Adventure Scholarship “Hour

Livingston’ s Or,

Frankie Master G Lombardo .

Moonlight Musie

”» ” 1, vs. Purdue ;

Christian = Science Tom Terries East Side Church

Program News ! Melodic Moods Church Services News Lutheran Hour

Your Neighbors Concert

ritz Melchior, Karin Branzell, Her bert Janssen ‘and Emanuel List. FJ 8

THIS EVENING

resyonsible for timer in vrogram ane me.)

after orass

Li CHILAGO CINCINNA WENR: 870 Soo

(NBO Net.) (NBC- MBS) Science Program Met, Opera Tommy Josef. Truly Apsriean Reggie childs Renfrew, Israel Message

New, Baker & Denton Jambo, reg Unannounced N Westerners valley Fox Home Talent | Barn Dance |

Jamboree Wm, E. Green ”» 1 w w || Bam Dance ”» i ” » ”» 3 » ”» Caravan

Saturday : Renfro Yalley

Peter Giant Barney Ra Larry clinton

Varieties ”» ”» ”» ”»

Barn Danes ; ”» ‘” ”» ; ” Ebner’s Or.

Woody Herman

Carl Lorch - Hersh Trio Moon River ” ”» Barney Rapp

Grift Williams ” »

SUNDAY PROGRAMS INDIANAPOLIS WIRE 1400 (NBC-MAS)

CINCINNAT) Ww 700 (NBC-M88) Church Forum

INDIANAPOLIS WIRC 10

Gospel Hour | Moleinial ui ped Children’s Hour

‘Yabernacle i » ”» i ” ow.

Hit, Revue 1 String Quartet

Invitat Cugat’s Or. | W. E. Yon

Ranch Boys | ”w a i airport | Interview Musicale,

SR hmanors | U. 8. R Music Spotlight Uncle ar

Aloha Land | Cadle Choir

Charen 3 Goa Mugie Hal

Music of, Masters Hollywood Today

Rhythms Easiletine Smgke Dreams Rosdmde, Chureh

: Bony “parade Honse Party | 1

Philharmonie Lip 3 2 ” ” ”» ” 2

Napibes 5858

Divorce %

VWI re

» '» ”» »

Happiness

Nat} Vespers Cork’s Or.

PE sn

Hobby Lobby

Barren 's Or, Ben, Bernie

og Chats Si Crossroads

Rhythm ,, Revue

"Organ M usie Ma. Madrizal Ringers Eu Bob Becker

Unsolved, Mysteries Aldrich | Family

With Flowers Man On Ice! Stage Sghools Fr. “Coughlin » ” 1 ”» ”» i My, America |

Ste¢lmakers ° Nag, Shilkret,

Caypleads

by John Barbirolli and the New = York -Phkilharmonic-Symphony Ors ae

inal fame when he appears as piano |

SEE Sa

1.00% a bushel. Corn was % to 3% sol Oil cent lower, May 56@56%; oats were | Bay. Paper_.. unchanged, May 40% asked, and |Zuller rye was % to 5% cent higher, May 65% bid.- Soy beans were 1% to 11% cents higher, May $1.12%. Michet Beneficial rain and snow in the Southwest had a weakening effect|M on wheat at the opening but the “first setback was erased by prospects | Me bocta por oo of fair weather in Kansas over the |No 4mer Gor ........ ~ week-end. Some early buying was | Perfect Circle credited to milling interests. Later prices dropped to new lows 3 under the disturbing influence of leading weakness at Kansas City, only to be turned back a second time by local short covering and indications that mill buying was expanding on the break. After advancing to highs for the day shortly before the close, trade ran into free offerings which again resulted in a quick decline.

RANGE ARE slew 08% 97% 98% 91 38% .56 S17

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gub ‘5% pt 2, “Sherlock, Holmes

Beat the, Band

Dev & Dist Seag ...... Dixie-Vortex ... 1 Dixie-Vortex A. 38 Dome Mines.... 20% Douglas Airc ... 83 Dresser 1734 Dunhill %e Du Pont . ..184%; Du Pont pt. ee. 125%

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C40 00 CITC on CIF b= oF C9 DNA

Silver Theater Catholic, Hour ] Allen Prescott guicaco News -

Why: One way of bequeathing your judg: 1 m HAL ae ment in financial and family affairs is | eet INBC Mn) om . ar This Week Jack Benny Strong's Or. through a Living Trust. Easily arranged, it Sorgen Gulla Bandwaren Mr D. A. begins operating during yotir lifetime, which : 00 Ellery Queen ~~ Chas. McCarthy Reyival Hour enables you to gauge its future value. Unlike [Yh Melalgus.. Magy Wamly one | your Will, its terms are not publicly disclosed, - | 3:00" Sunday Hour Maphattan Waller Winghen and moreover, it usually is a means of effect. “= = Abgm big ak ing economies in taxes and in estate admin- Srila Wein i istration expense. Adaptability is one of its ax? Li chief virtues —it may be built to your individual specifications,

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LOCAL ISSUES

The Jollowiny quotations by the Indian-|matr Morse ... 9 apo:is Bond & Share Corp. do not repre- |g ardo_ Sug 2 sent actual price offerings, but eraly a in- Big ag ot HA sic, ne Spprosimets Birket ev Sesed | Bic Puen it sellin ons of recen transactions, to fy is restore DLA. [14% s

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Les, Brown Ace; Brizode ;

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MONDAY PROGRAMS | RIA : ERI TR * (NBC- Wise Dawn (Fatrol Devotional | Markets Mdsketeers

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When: Since a Living Trust may serve in place of a Will, for property trusteed, it is often established early in life. Thus, you can judge in advance the worthiness of the Bank. as Trustee, to manage affairs for your beneficiaries. And during your lifetime, you, as “Trustor, may participate in the management and retain all or part of the income.

How: By telephoning or calling upon the Tryst Department at American National you may obtain full information regarding the usefulness of a Living Trust. Then, we advise - that you and your attorney discuss the details with. an Officer of the Bank,

iii

Recordings | Woody Herman

Barney Rapp Carl Lorch

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FOOD PRICES

00, dare 3 2 (U. Higa feapplet-

a essee, bu., 81. Ir 0. Cel er; —Michigan, ss, no sales. Tomatoes exican, lugs, no sales. Spinach—T Roxas, a 0c. Cauli Californi es 1.50 Carrots — California, crates, 2.50. Onion Market (50-Ib. sacks) Colorado Sweet Spanish, 82%c.

WINNIEE WHEAT,

c; No. rade. 57c¢. 2 white, : dae! sam sample oe ns--No

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gafew seines Sateway. 7 Pt a 7 Schenisy 1 Dist. pt 4 3 'Schulte R Ya

be repeamanere 633

White 8 a oe nominal:

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LOCAL GRAIN

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104 101% [

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uyQULL Eat REAL Ea IN YOUR Be ASSOCIATION WITH THE UNION TRUST" Ge pu

Customers appreciate the spirit of friendliness which character- BB Te trong ETE . izes all relationships with this 46-year-old institution. | PENNSYLVANIA AND MAREET STREETS fl :

THE UNION TRUST COMPANY | ETT | re cero

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