Indianapolis Times, Indianapolis, Marion County, 4 March 1940 — Page 16

John T. Flynn

NEW YORK, March 4.—When Thurman Arnold indicted Big Bill Hutcheson , of Indianapolis, president of the Carpenters’ International Union, in Pittsburgh, that was the second time Arnold "had nailed Hutcheson. And it meant that he had struck at the most powerful figure in the American Federation of Labor, : Hutcheson was not indicted because he was an A. F. of L. leader, ‘but because he was charged in both cases with being mixed up with manufacturers in holding up prices on building materials. ~The public aught to know something about the man upon whom the Justice Department has now gone to work. Big Bill belongs to . the beak-busting type of labor tsar. * Big, burly, autocratic, he runs the Carpenters’ Union as if .it were his personal property. He has been its

international president and boss].

sir:ce 1915. And his reign helps us to understand why the A. F. of L. ‘labor boss is very much like a political ward boss in a big city. He keeps in power and flourishes by very much the same practices and methods used by the Tammany chieftain in New York or the Republican leader in Philadelphia. ’ »

2 2

, THE UNITED Brotherhood of Carpenters and Joiners of America is now probably the largest union in the A. PF. of L. Hutcheson is its president, and first vice president of the A. FP. of L. besides. The union is riled by an executive board, but Hutcheson dictates who its members are. He controls all business agents and all election machinery and can suspend any business agent or local union at will. At a convention a delegate once protested some ruling of his. While the delegate.was speaking, Hutche-

nounced, “The gentleman is hereby

that. For nine years—from 1928 to 1936—Hutcheson never permitted a single convention of the Brother-

possess as much..power in Germary or use

brotherhood.

‘IN 1924 MORRIS ROSEN ran

the Brotherhood. Rosen was called a “Red.” His “Red” platform inciuded such. extreme planks gs the 40-hour week, industrial unionism and support of the Parrfer-Labor Party of La Follette. But Hutche-

pelled Rosen from the union and

—for supporting Rosen. There is no member curled up in the extreme right wing of the Lib-

son in reaction. In fact, a distinguished member of the Liberty League once extolled him to the skies. - This’ is the man who rules the Carpenters’ Union as a personal asset and who can, with a wave of the hand, makes rules and regulations governing carpenter participation in building. "

PLANS TO BUY 10 ENGINES

CHICAGO, March 4 (U. P).— The Milwaukee Railroad announced today plans to purchase 10 high speed freight locomotives from the Baldwin. Locomotive Co., Philadelphia, under an $8,000,000 improvement budget. Part of the cost will be paid from the budget, the remainder to be covered by equipment trust certificates. to be taken by the Reconstruction Finance

J son pounded with his gavel and an-

Corp.

L. S-Ayres & Co.

hood to be held. Hitler does not Am C &

it move ruthlessly ‘than|am Hutcheson does in the carpenters’ Am-Haw

m Loc against Hutcheson for president of [4m Loco

erty League who can excel Hutche- | Ar

NEW YORK STOCKS

oy UNILRD PRESS |

suspended as a delegate.” ‘That was dee

son fixed the opposition. He ex- Am suspended the local—New York 376| Am Water W

t Nich A... Aviation Corp . .

of undries P nt 103

Bl | Deisel W G

8 | Diam Match ..

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Hand-Monogrammed

Eclipse WHITE

SHIRTS

A timely Easter suggestion! Smartly tailored shirts of fine white Sanforized Shrunk broad- " cloth, made by one'of America’s leading shirtCut full, with perfect fitting fused collar that requires no starch. AND your choice of five monogram styles in black, blue, brown, green o or wine at NO EXTRA CHARGE.

makers.

- - - ORDER BY MAIL OR TELEPHONE RILEY. 9441 = = »-

‘L. S. AYRES & co. Indianapolis, Ind.

Please send me the shirts at 1.49,

1.49

tollowing monogrammed

No.

Size |Sleeve| Monogram Style | Color | Initials

| Du Pont pf...

East Air Lines. . t Kodak

| First N s #8 | Foster Wheel 17% | Freept Sulphur

2000000000 00 ger 5) ®

fl | Hall Print

2 : 18 : Dixie Vortex’ A

184 .126

130%

Fajardo Sug .. N Strs .

|| Gair Robt :... g Samewell Co

Wood Ind. Am Tr

een pl! reyhou +3 ireyhd Ein 7%

Hupp Motor ...

#Ind Ra yon

Inspiratn Cop. Insshs cts Md . Interchem

Agric 3 Bhsiness ‘M190 Harvester. . Hyd El A

Am pf 5

BIBI ald NO Joan

SEE

1534 174

27% 45

34Ys

ve. 18% ‘102°

810 1 419, t | Interlake Ir oo. 10 © Int

5 7a

R C Ioand Cr Coal 280% {| Jewel Tea new. 46 hns Man .... 69% Ke

—A— High

Low 8% 3a 6 11% 33

- Oh

126

27% 45

17% 34%

18% 1087

46 69%

Net Last Change

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DOW-JONES STOCK AVERAGES

30 INDUSTRIALS Vessssve ruses ens 146.33 Week ARO ..vsesescsacccsess 146 44 Month ARO .....cvececeics.. 145.00 Year Ago . 148.84 High (1940). 152.80; Low, ‘144; 65. High (1939). 155.92; Low. 121.44.

20 RAILROADS

ces ans Sressngance

+0.10 0.28

0.65

30.41 30.63

Saturday Week Ago Month AO ..i..svcececceess 30.50 Year Ago .. 32.353 High (1930), 32.67; Low, 30.15. High (1939). 35.90: Low, 24.14.

15 UTILITIES

se. se ®escesgescsse

Saturday Week ARO ..yeccrseturasvics Month Ago .. 24.68 Year Ago . 25.78 High (1940), 26.45; Low, 24.11. High (1939). 2:10; Lew. 20.71.

tesccsnset tase

Net ° High Last Change

hall _Fld.. artin (Glenn) artin Parry .

ay cCall Corp ... cCrory cGraw El cKeesport’

Melville Sh . ME

M M Vi M V \ M M V M

Dll EEE

Mi ee Motor Prod . . Motor Whl . Murphy G Murray

Nath-Kelv ion . Biscuit Cash Reg. . pe ry : Dairy pf A 113 Distillers > 3% Sypsum : Toad pt A Ets

Pwr&Lt Va Steel

==0.59 | Squ

ig | Vanadium .. Victor Chem

' Sup Penn ; Tea

N ¥ Contral.,

of. ¥ "Shin pie No

102 West. 215% . 203

6 8% Nat cori BV 3 NeWDOre Ind ... 16k

5 1% 10

Ssigdsigigds

et he dA

2 | Northw Tel +.

: Equity

oT No Amer Avn. No Pacific

. 24% . 8Ys . 33%2 Ohio Qil Oliver Farm Eq. nil Otis Steel

Pac C 1

dara P 2 of ... Parke Davis ... rker

Penn R_R co Phelps Dodge .. BRI Morgis = ] Se. Phillips ePt ..

. 141%

Feo Mot ‘es Eepublie st17.; 15 Feyn Tob B.... 41

REAR Safeway 1 Savage Arms 24 fe Dist .

Ronenley R Seabd Air

mmons ... mith Cor T

cts

mnnnninmm 8 =

Net a5 } Chg 35

33 2% 37% 10% Breeze Corp

3rewster Aero.

[4 Brown Co 15%

Fl Bd&Sh . = Bd&Sh 6 pf. Fa 1 Met .. Fansiee et :

Molybdenum. . Mont Ward A..169 Niag H Pwr ... Oklah N Gas... Pennroad .

5 pf.. % Republic Avi “a 3 Segal Loc, a Std P

3 re Un Cig Strs’ .

Un Gas Corp .. Un Li&Pwr A.. Un_ Shoe

U's Foil B'...} . 6% oe

Chicago Stocks

Advance Alum

dh pal

| Fox P ‘| Fuller Mig Co Sapdner Denver oe

od fd ph pd fd 03 cf

9%, 0%

gh ISSUES

The {lowing uotations by the IndianSee actual. & share Corp. ut ze: rely: ine , bu “ cate the approximate mark t level Nai sed transactions. Stocks Agents ‘Finance C Bert RR & Stk Y 8 ooh

Sie buying and selling a of recent. Bid As

ow Cases rem”

Spiegel Inc . 9% Spiegel Inc pt 84% .

AFL HEHE

Sy;

Talcott J ...... Ea. a

a, aes RF

Union Carb ... Un Aircraft ...

Un r, Lines. . nited .

~t = 00 hs btpea od C0 p00

et - . 0. a. Ra

’

RICANS OOrsisisad 03 hii OOE

WLIO

Seat

ARE

BARR Dann o NOY SNR

tt C31 CH OD «300 On bt

qddadadaaaagd

ee Ben

«117 8 Tob of. . 45Y, Un Stk Yd 2% : Univ Pict 1 pf 84 84%

“ re BHR L E E r+:

‘Xr Lo

«33 "20%

Walworth Ward Bak pf.. Varner Bros .. Varner Br pf . / Aufo es Jest Union . 24 Jest Air Bke . Jestvace . 'h&Lk E 7 /heel Steel .... Vhite Moi 11 hite 7illys erand 7illys Over Dt: ilson & os Wilson pf AaoT,

Wrigley

~ re cS @ea

SSisSs o> CLI bs we © =F BL C3 03 Sp SDA Rm a

a ®

sn a ol Le lL:

a cod -12

— -3 = _

Yellow SounE sheet’ To Zonite 2s 2% 2% ..

FOREIGN EXCHANGE

NEW YORK. March 4 :(U. P.).—Following are noon cable rates on major curren-

cies Cable

Net Rates Change

England (pound) Canada (dollar) France hl Italy (lira) Bel um (belza) Fan hisnd ‘marilad eh rland (fra Folland Iuilder)

ron Norwav (krone) Denmark (krone) Javan (yen) Mexico (veso) (n) Nominal.

BIG MANUFACTURERS

SHOW INCOME GAINS

NEW YORK, March 4 (U. P.).— Net income of America’s - leading manufacturing corporations in 1939 rose almost 100 per cent over the preceding year, a compilation by. the National City Bank of New York| pea revealed today. The bank in its monthly survey: reported that a total of 960 leading manufacturing companies, with a net worth in excess of 15 billion dollars, had net income aggregating $1,281,479,000 for 1939 compared with

50 $646,864,000 in 1938, a gain of 98.1 {170.1300 1

per cent.

‘None of the groups into which| &

the various companies were subdivided showed a deficit for 1939 al-

though several replaced 1938 deficits|

with net profits. These included textile units, meat packing, iron and steel and automobile equipment.

PROBE TRADING IN N. Y. TRANSIT NOTES

NEW YORK, March 4 (U. P).—

is |Offcials of the New York Stock Ex-| Good

change disclosed today that an investigation is being conducted into recent, unusual trading activity in Interborough. Rapid Transit Co.’s 6 per cent notes of 1932. It was emphasized, however, that

»| the investigation was merely the

customary routine study undertaken by the Exchange whenever a security becomes exceptionally active. No details of the investigation will be made public, it was announced, unless it should uncover “suspicious” evidence which would then be

|turned over to the Securities and|{ » | Exchange Commission.

Under the proposed New York|$

¢ | unification plan holders of these

notes would receive a price of $350 per $1000 par value, but heavy bidding in the past few days lifted the issues as high as $387.50.

» BUSINESS AT A GLANCE

By UNITED PRESS " National Lumber Manufacturers Association reports week ended Feb. 24 lumber output of 508 miles 202,586,000 feet vs. 194,521,000 feet by 544 mills previous week; shipments 193,311,000 feet vs. 198,592,0000; booked orders 194,323,000 feet vs. 204,565,000, American Metal Co., Ltd., and subsidiaries (80 per cent more owned) 1939 net profit $2,994,740 equal to $2.12 a common share vs. $2,516,531 or $1.73 in 1938. General Cable Corp. 1939 net profit $733,166 "vs. net loss $893,714 in 1938. Magma Copper Co. and Magma

% | Arizona R. R. Co. 1939 consolidated i

net profit $1,385,851 equal to $3.39

a share vs. $654346 on $1.60 in gi

1938. Monsanto Chemical Co; 1939 ¢

{solidated net profit. $4,978.914 eqtial

to $401 a share vs. $2,914,843 or

k| $2.35 in 1938.

Ohio Oil Co. 1939 net profit $1, - 492,086 equal to $4.21 a preferred share vs. $4,582,964 or 25 cents on common in 1938.

| Square D Co. 1939 net profit $1, -la {038,491 vs. $403799 in 1938. fro

{Incorporations

North 8 Side Transfer Co., Ine, 2452 Park Ryan, © F451 Te itfora 5 Set, in 11s: 000 shares without ta Tar

fer 100 storage business; fansfer S. Gra

Dn T. Ryan, Irene ammer, James E. McManamon,

LIST STEADIES | UNDER LEAD OF “STEEL SHARES

Autos Also Hold Even on Reports Reflecting High Production.

NEW YORK, March 4 (u. P)— A deceleration of the decline in

| steel operations stimulated syfficient | covering in steel stock to send them

fractions ‘to more than a point higher today. This steadied the general list and a majority of stocks registered small gains. Bethlehem Steel rose 1% points to 76% while U. 8. Steel was up nearly a point at 58%. Coppers were fractions to nearly a point higher. Small gains were noted in oils, some rails and some mercantile shares. Aviations firmed slightly. Several utilities made new lows, but | pressure subsided. Seaboard Air Line Railway led in volume, selling at 25 cents ‘a share. Automobile shares held around the previous close on outlook for high rate of production for the remainder of , the quarter. Allied Chemical gained nearly a point. General Baking preferred plunged 5% points to a new low at 137.

PORKERS GAIN 25 GENTS HERE

Top Advances to $5.90 as 16500 Are Received; Vealers Steady.

A 25-cent advance was made by all weights in the hog division at

keting Service. The quarter gain brought the top paid to $5.90 for 210 to 220-pound weights. Vealers sold steady with

{a $11.50 top.

Packing sows shared 10 to 15 cents of the advance. Reduced cat-

"| tle receipts forced prices 25 cents

higher, and fat lamb prices also were 25 cents higher.

Feb, Top Rents. March Top Rents. 27 ...8 5.60 9900 "8 2.88 6112 34 8 5.60 6300 3 5.65 1500 39 ... 5.60 W621] 4 ... 5:9 6520 Barrows and Gilts Packing Sows nd Choice Good and Choice— T° fi 300-485) 31 310 - j00. j60-4 5.50- 5.85 300 360. ast "30- 4.40- 4. 4.25- 4. 4.00- 4.

“ 0 3.85- 4.20 5.05- 5.15 Slaughter Pigs

\ edium an Hp Meg 220. 4.75- 5.501 90- 120 3.25- 410

Slaughter Cattle & Vealers (Receipts, 114%)

‘I buyers active; killing 31. guallt y

Choice— 750- 900 00-1100 1300-1500

Bulls rlings excluded) Good g $ 6.50- 7.00 Sausage— Good ... Medium ..

Cutter and common Veale!

6.50- 7.00 6.00- 6.50

5.25- 6.00 ers >

6.50- 7.75 Steers, Heifers M00: 750 9.75-10.75 G90 8.50- 9.75 S Heifers Ghoicso0 9.50-10.55: 8.50- 9.50 . 7.50- 8.75 6.00- 7.50

9.00- 9.75 8.50- 9.00

8.00- 9.00 7.75-

7.00-

nd’ oice— 550 down. -9.25- 11.00 Medium— 500 down 8.00- 9 Calves hifersy

500- 900

8 25 7.00 Medium 5. 3: 6.25/Good— Cutter an

430 5.50100 a down 8.50- 9.50 - um— Conner ™ 4:00- 4.50" 300 down 7.501 8.75 SHEEP AND LAMBS (Receipts, 746)

$10.00-10.35 9.50- 9.75 1 00- 9.25

Ewes (on shorn basis)

Good and choice 4.00- 5.00 Common and medium . 2.75- 4.00

CHICAGO LIVESTOCK

Hogs—Receipts, 13,000; Hd 10 to 15 ooh higher than Friday's average; stocks 20 cen ae Ik goo active at advance; too $5. and choice 180-240 ages, $5.1

[email protected]; fost 500-350.1b. packing SOWS, 34. 25@ iehiter Weights to J 1350 e—Rece: 800; fed

il ow es Yo fully 25 te higher; instances more on good to choice weighty steers as well as yearlings; same: sales 40 cents or more up; shippers. and order comparatively plain; mostly, | may et But numerous ds ig RS S0@ 11. 35: early gage $12.25 on Weighty with thalee hi ung yearlings ell a 33: weigh! yomin 12; Colorados, 1.25; stoc ny and feeders: firm at or 75; fed heifers 25 cents higher: best, $10.60; cows §easce strong; cutters, $5. down; bulls, 15 to-25 cents higlier: weighty usage offerings up $7.35; steady at $11.50 down," ~ 12. 5 to 40 cents -hi her than last week’s Shee! ~Receipts, 3 Jamis active; close; bulk g d and cho ion ¢ corn belt Tam scaling Sacto oh of. 806; 10.50: odd lots below $10.50; fat ee. ing full advance; lings, $9; two-year-olds, 118-1b. *fed range ewes, $5.85; medim 2 kind s, $4.5.

OTHER LIVESTOCK

FORT WAYNE. Ind., March 4.—(U. P Hogs—45 to jo So gents "hi er; 2-32 ig 5.65; 180-2 $5. 60-180 _ lbs. ; 280-300 ha 85: 300-323 . $5.55; 240-260 1bs., $5.35; 325-350, 1bs., 4 85; 250-500 Ibs. $4.60 140-150 Ibs. $4.35 fbi; 120-130 1bs., $3.85; Toughs, $3 75; stags, a. 7:

ad March 4.—(U. P.)— SoMarker 2 5 sents higher; 389.200 1bs.,

5.45 Qs i350 3s rr "pig 8 TE ‘down;

* $10.50@11; S, -| Ee so G1" March 4 (U. P.).—Hogs— Salable, 2700; total sig: active, ‘unevenly ovis Rg 2 : 235-250 io Toshess 4 : SOWS ns oh Tia: smooth ‘lightweights

to around 5. Cat found, $4.25: 700; total, 1275. Calves —400. ‘Lightwelalit heifers EX ng common n Jun: only catim

to medium predominating 0 an

Good and choice Medium and good «........ oa Common

m Toe 1h common to s. $5. 6: sausage pon $6.50@17; Tato d and choice vealers steady, .50! heep—Rece pts, 1 Joo. Supply very Might; marke a quote: good and ‘choi waoled jambs liste d 58 50010: mon and medium grad es, [email protected]; slaughter ewes mainlv $3.50 and down; chofce lightweights eligible igher.

_8:00~—Radio Theater, WFBM. *'8:30—Alee Templeton, WIRE.

‘| “Gone. With the Wind”. ‘There were negotiations under way

in the cast are Errol Flynn and

ON THE

TONIGHT

: 7:00~Andre Kostelanetz, WFBM. 7:30—Richard Crooks, WIRE.

It looked for a while as if we {would all get a chance fo hear over the radio, courtesy of Radio. Theater.

to put the movie .on the air with Clark Gable and Vivien Leigh, if it won the Academy Award. . = David O: Selznick, the. producer, had avoided. any broadcasting, thinking it would cut into the theater box office, but he was supposed to be agreeable to the award broadcast. Evidently he changed his mind because “Trade Winds” with Joan Bennett and Ralph Bellamy, are on the program tonight. Others

Claire Trevor, “chase” drama. 8-88 hie A New Deal supporter and a candidate for the Republican Presidential nomination will debate the’ “First Seven Years of the New: Deal” on the National Radio Forum at 9:30 o'clock tonight, NBC-Blue. They are Senator Lewis B. Schwellenbach (D. Wash.) and Senator Robert A. Taft (R. O.), Senator Taft, of course, assuming the of-| fensive. , . . The basketball game] between Purdue and Illinois at Champaign -will be broadcast at 8:15 tonight, WIND. . . . Pat O'Malley will sing tonight with Alec! Templeton’s show, The number E an o

It’s | ‘a murder

| Oubliees,”

RADIO

will be “Friendship,” stom “Dubarry

Was a Lady.” This the first of

six broadcasts from Hollywood. . . ,

The orchestra and chorus in Andre Kostelanetz’ Tynes Time will do “O Singing Land,” from Sibelius’ “Finlandia,” at 7, C -WFBM.

# aw

A new series, Toils,” starts at 6:15, will be presented we brogsdcast in co-operation with the, American Law Institu Program will ¢onsist of dramat; on case histories, wit by jurists, sociologis gists and penclogistsi help keep youth away from crime, . + » Reid. Robinson, C. I. O, vice president and president of the International Union of Mine, Mill and Smelter Workers, will speak: on: “Jobs Made in America” at 8:30, NBC-Blue. . . . Anafol Kaminsky, 20-year-old violinist, takes the recital spotlight with Columbia Cons - certs Hall at 9:30, /-CBS-WABC, . A Debussy series,

BC-Blue; It

brief talks ; - ecriminolo=

vieve Rowe, soprano, in a program at 8:15. i

” 2

Idea is to

“youth in the kly and is |

tions based:

“Ariettes will be sung by Genes CBS

European shortwave news broade * casts: Moscow, 6, RV96—15.24 megae *

cycles, and RNE—12 meg.; London, :

6, “The Empire at War, » GSD— .

11.75 meg. and GSC—9. 58 meg.; : Rome, 6:30, 2RO—11.81, and IRF—.:

9.83 -meg.; Berlin, 7:45, DXB—9.61 meg., -and DJC—6. 02 meg.; . Paris,

10:30, TPB11—11.88 meg., and TPA4 T

—11.71 meg. ; ! s t J -

THIS EVENING * A

(The Indianapolis Times is not responsible for Co in program announce-

ments caused by : station changes. nges. afier Pp INDIANAPOLIS WFBM 1230 (CBS Net.)

1400 «(NBC-MBS)

INDIA? DIANAPOLIS WIRE

ress GO , CINCINNATI W

HICA WL o WENR 870 (NBC Net.) | (NBC-MBS)

rte CS HERS

>on ~ na

Kathleen Norris Golden Store Hollywood Scattergood

Billy & Betty Hedda Hopper H. V. Kaltenborn

Girl Alone tream

Dessa B

Li vinzston's Or, orkshop

Radio Neighbors

Anthony Frolics

Income Tax Children’s Storia Bud Barton

Kitty Keene Midstream

Jack Armstrong itation

Invi

New % her and Denton Wins!

the Union Stockyards here today, |. according to the Agricultural Mar- |",

5@s: | continent and Illinois oil producers

« | recommendation

| being raised by nettled Southwest-

vealers |:

|needed was considered evidence of

18: Illinois’ “perfect right” to produce

w | production sands would glut the

;| market at cut prices and wreck

5852

School Sports Pleasure Time . Mystery Treasure Hunt Dick Reed

. European News

oo]

News Lum and Abner Music Hall

Tune-Up Time Minstrels

Tommy, Riggs Richard , Crooks

yr on

owell i

| Kim Waring mber’s Or.

"News Inside Sports Variety, Show Richard, Crooks

Tom Mix

Better Business “Youth in Toils” One, of ,Finest

- Sherlock Holmes True or, False

Radio Theater [1] ” ”» 9 ” ”»

Dr. IL Q.

Guy, Lombarde Blondie ~ ” ”

Contented Hour Sensations.

loro wnnn' gave |aasa

Alec Templeton "Concert

Swing

Dwight

reen Strong’s Bor?

Dr. JQ. Aleg Templeton

Glenn Darwin Hollywood ” » ! Forum Sensations.

Amos and Andy News Ind, vs. Ohio

858 5358 SERS L858 £558

oh Joh posh hn cose > on

ews Larry JFotin

Peter Grant Eddie Rogers Carl Lore

10 0 "Clock Final

| i

Paul Sullivan Recordings

” »

Ozzie

td bk mt oer «3

t fat oe & >

Nelson

an a i ov

Glenn Miller Chuck

Griff Williams Herth Trio

Foster Moon River ” ” ”»

TUESDAY PROGRAMS

INDIANAPOLIS WFBM 1230 (NBC Net) Early Birds

(NBC-MBS)

Dawa, Jato! Mark

Ln . Dawn Be ”» ” LA

E52 8s

alaieln? San -ias ve a

- ov

Bassonolog, Ras: 239 y

City Today a Air, , Kitchen

Fred Miller Good Morning Tempos : Miss Julia Kitty Kelly Myrt and Marge . ton __Stepwother

Ma ary L foe Tayler Life Be

Man J Married . Other Wife Plain Bill

eon! xo! od BESS

nd Er

David Harum Road cf Life Big iste Against Storm Jenny's “Stories uiding Light

Kate Smith Sinein San Girl Marries Dr. Malon Farm Circle Wom apy Linda’s Love Farm Hour Markets. Reporter Headlines - Betty 2nd Bob Grimm’s Daugl Valiant Lady Church Hymns

HERS Hae

= Memories Kitty Keene Home Circle

1 bh jd ih jek fo ps hand Wea dP® - lee ge SO 00 A] 58S

5258

INDIANAPOLIS WIRE 1400

Editor's Daughter.

Woman in White

man a” ®Couraze

Weather

INDIANAPOLIS CINCINNA WIBC 1050: WLW % (NBC-MBS) - |

~— Devotional Tex, 1 Millia, Dollie

Musketeers Breakfast Jam

ue to Shine

News: Cara Bright Spot Clem’ % Maggie Band Waren Devotiona! Portia Blake

Memory Lane Man I Married. Music Magic | ther Wife Charm House lain Women’s News . Kitty Keene

Friendly House inda’s Love’

oad to Life Public Schools Castletime Guiding Light piness Cheenboard Time oe ills 38 aan ; Farm Hour - Boy Greets Girl :

Ramblers « join um » ” Ellen Randolph Bill. Jones ‘Editor’s Daughter Tommy Sutton Peter Grant Musicale

Betty and Bob ‘Grimm's Daughtep nt Lady

Community Hall - Church Hymns

Haven of Rest

Mary Marlin Ma Perkins Pepper Young Vic and Sade

Backstase Wife Stella Dall Lorenzo Jones dder Brown

Girl Alone Midstream Dick Reed O’Neills

Society 2pm Quartet Air School

. WD

torerons w

Waltz. Time

au : liam Sirees : __ Smil in :

Se i Golden Store Hollywood Scattergood

LWW Se Fe

' |

sen bn gn ln oe 00 oe se

Mary Marlin ja Perkins spper You Vic nd Sade E

Backstage Wife Stella Dallas Miss ‘Beautiful Lite

Kitty Keene Midstream Jack Armsrtone Once Upon a Tims

Piano Moods Want a Job? 2 Conceri Hour

3 o’Clock Clb Ralph Russell Request Time Serenaders

Waltz Time Question -Air Around Town

KEY NETWORK STATIONS (Subject to Change):

MUTUAL—WOR, 710; WHK, 1390; WHKC, 640; CKIW, 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

FIGHT FOR OIL TRADE

FORSEEN IN SUMMER

TULSA, Okla., March 4 (U. P.).— A mid-summer fight between mid-

over crude oil markets appeared

certain today after the Texas Railroad Commission angrily ignored the Federal Bureau of Mines in setting its March production allowable. The cry of “politics” already was

ern producers and state officials surveying the continued—and increasing—record production of oil from the free-flowing wells of Illinois. Texas’ move to produce more oil in spite of the Bureau of Mines’ forecast that more would not be

the strengthening resolve of midcontinent states to get their share of the crude market. Governor Leon C. Phillips of Oklahoma, long a stanch advocate of controlled production through proration, intimated this week that Illinois politics might be blamed for present antipathy of the state government toward suggestions for production control. Observers, including representatives of some large midcontinent companies, were inclined to grant

all the oil necessary to supply its market. Chief fear expressed was that uncontrolled drilling into flush

market and cause producers to begin pushing unwanted oil on the

the crude oil structure.

PEPSI-COLA INCOME GAINS 73 PER CENT

; N NEW YORK, March 4 (U. P.).—

, 820; KMOX, 1090; WBBM, 770.

REPORT RAILROADS

Contented HourSwing

Gonpel 8 white "House.

BUYING MORE CARS =

CHICAGO, March 4 (U. P).— “

Atchison, Topeka & Santa Fe Rail="

way Co. has ordered 27 more cars of 100 tons capacity from the Pressed - Steel Car’ Co. and is inquiring for

the purchase of Diesel-electric pase

senger locomotives, the Railway Age. | Chicago, Milwaukee, St. Paul &

‘according to ¥

Pacific ‘is considering the abquisi- 2

tion of 16 heavy yard and two

tric locomotives under a lease-purs_

chase plan which provides for 98 .

monthly payments. Chicago, Burlington & Quiney is - inquiring for 50 steel sheathed box - cars with perforated steel lining of 50 tons capacity. General American Transportation Corp. will build in its own shops 500 refrigerator ears ° for the company's own use. . St. Louis Refrigerator Car. Co. has-

lightweight branch line Diesel-elece

placed an order with the company’s: -

own shops for the construction of 25 all-plywood refrigerator . cars.

WHEAT SHOWS SMALL

vie

GAINS AT CHICAGO -

CHICAGO, March 4 (U P)—"~

Wheat moved forward to fractional =

gains on the Chicago Board of * Trade today after opening slightly

easier. At the end of the first hour wheat was up %-3% cent, May at $1.01,

Corn was %-2 cent higher, May at

562, and oats were up % cent,

U. S. STATEMENT -

WASHINGTON, March 4 (U. P.)

( i ernie expenses and receilis for the. rd + iT o COMe.

al year through ond with a A ear rind

is. Year Expenses - 6,173.903, Receipts 8 is Gro! £

Last 4 85.08 t Year: fiat 3864. ama

Kalamazoo sar 133% Kennecott . 36% | Kr Srese DS... 3% E | Kr . 28Y3 Kroger ‘G&B ".. 30

—l

13% 38%

26%; 29%

Miner-Dunn, Inc., Hammond; chan es ol

agent to. Harold E. "Miner, 446 Detroi | LOCAL PRODUCE d.

Van Camp Milk bd ans ammon Heav [reed hens, and over. 12¢; Van Camp Milk. eom .. St. Joseph Academy, Tipton: dissolved under i 10s. Joe; 10 hens. 10: Tc; Barred

rd t Bonds Over, by decree of court. 1p; under ge) heavy breed. stags, American Loan 55 51 ......... 28 LaFonta ine ater ‘ Co., Lafontaine; Jeb: pand orn a 5. : Feghorn od e 5% Oil & Gas Co., De aware corpora-

rn broilers, Sitizens “1d Fel 5 05 Aina] dissolution Ibs. and over. oe: i 9 lbs. and over, ..| tion: withdrawal from In The Home Oil Co. of V

4%8 61......102 Cai an Co 5s’ 97 No. 1 Silly i an eggs. 612% ..103 x igh 5 pounds Valparaiso: SD Raymon

Slpirat 12c; eac se must Je einold, kid gross; a_ net eduction nts for St., Valpar 130 <har i La of $1 tate bulk of : wih ‘be ton; 2 nha

The Pepsi-Cola Co. today reported |bus: Dest 43 1939 consolidated net income before|Gold Res ng special settlement and legal ex- : penses of $5,650,139 compared with INDIANAPOLIS | 93,206.57 1n 1938, a gain of 73 per |Clearings

Debits ....... Net income for the year was equal to $21.79 a share on the outstanding capital stock. After deductions of special settlement and legal eX. penses there was a net profit of $4,870,489 equal to $18.78 a share comes pared with $3,240,333 or $1239 a

oa i it

Customs .. 871. 23 211 HEE

+H] Fa

Lambert 16 | Leh P Cem..., a1 Leh V Coal . Leh a Coal of. :

Eo Taass Life Savers oh a

“ADDRESS Cressi a stave k 3 pire & 2 y B. 17% : : ; fockhg Seal 30's O CHG. O CHECK ‘0 MONEY ENG, oevs MEN'S FURNISHINGS—STRERT FLOOR.

15% 2 1 kd 4%

fn By

1:1 re

NAME teeesissrssstetrnatistetctttstarnstone

Te.

I+: =

See Fina Edition of the Ti Times

e "302 Lone Star’ Gem 43} Corilard A a +:356 : [ou & Nast

&1 u & ash’. 8%

0 National Ynotor Co.. St.. Peru; biles and iufeeture. ) Vehic ne “Aagih lbert P. e: les; Adelber CHICA B.: New Tor vos, Chu 41, share in 1938. . .

par value; 0 f oil rh made S45 Mave sa” einold, John’ Frank, | Bufter—No. 1 J1%ene: No. i A S. Mi PF. y : sind spy or spent x, Housed woods FOOD PRICES eter, Evelyn R sh vion 8 Pot en bu., wy 150. 8’ Fo lied Jugs, "4443s. WAGON WHEA® ; 1.50. opine elevato pa 0. Onion Mar tor No: 1 ne a Be subject to ark 0 5, change: other on ther i h

PLE: ». Water Soa

Bucher. Roy_ Frieden. 30c. = Butte Fatt. 35¢; Ne. ue; manufacture, ar A re (U. P.)— A fi, nn, gent, Ls 50. di {| Sapna be

facAn & F of ¥ R

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