Indianapolis Times, Indianapolis, Marion County, 16 April 1940 — Page 13

PAGE 13

“ON THE RADIO

h¥ Soviont WE ' Short wave broadcasts tonight: 7:30—Information Please, . 3:00«sGilenn Maller, WEBM. a Rye 58 meg.; = Sissy . an 3 9:00wBob Hope, WIRE symphonic concert, TPB11-11.88 Ignace Paderewski, famous pianist meg. and TPA4—11.71 meg.; Guateand former Prime Minister of Po-|mala, 9, concert with the First Mililand, is ' scheduled to address tary Band of Guatemala, TGWA — American listeners tonight for the|15.17 meg.; London, ‘9, “Garrison first time since he asstimed presi-| Theater,” GSC—9.59 meg. News: dency of the Council of the Polish |Paris, 10:30, TPB11—11.88 meg. and Government in Exile. His talk will | TPA4—11.71 meg. {be the Spiga: of fhe 45-minute & 8 =» broadcast to inaugurate a campaign ; for funds for American relief work The sory SF mauiel Bogie Wil be in Poland. Included on the pro- i ih : {America broadcast at 8 p. m., NBC-

gram are Artur Rubinstein, pianist; WENR. John McIntire will : 1 ‘ A a | play the the Cleveland Orchestra directed by | 1110 vole , , , Margaret Bourke-

se naauty, 24 lb Done i top 2 ta J ms NBO. R returned from a five-month study «Up. m,, = . in the Near East, will discuss

Discusses | Gold

PORKERS GAIN 20 GENTS HERE AS9000 ARRIVE

Top Advances to $5.70 for 210-220-Pounders at : Stockyards.

Hog prices advanced 20 to 25 cents at Indianapolis today on a run esti-| mated by the Agricultural Marketing Service at 9000 head.’ ‘Weights above 160 pounds made the ,20-cent gain while lighter

NEW YORK S TOCKS

By UNITED PRESS

DOW-JONES STOCK AVERAGES

: 80 INDUSTRIALS Yesterday o..ccoccccceceeses 149.92 Week 2880 .%.ccccesccccecsss 150.31 Month ago seeessceccancenns 146.43 LXCAP BRO +eoizcocucsssessss 125.38 High, 1940, 152.89; low. 144.65. High, 1939, 155.92; low, 121.44. 20 RAILROADS Yesterday sstecancasensnnyse. 30.98 Week a0 ..cocercieccnsonsss 31.42 Month 2880 ...ccocooccocesses 29.95 Year ago cesees 25.30 =D, High, 1940, 32.67; low, 29.78. High, 1939, 35.90; low, 24.14. 15 UTILITIES Yesterday ....coccoccverase. 25.13 Week ago «.... Month ago ...... eeseeee 24.07 Wear BLO ....covevecvacssss. 21.94 0.24 High, 1940, 26.45; low, 24.02. High, 1939, 27.10; low, 20.71.

RUMANIAN WAR RUMORS CAUSE SELLING WAVE

Oil’ Shares Hardest Hit as Stocks Tumble on N. Y. Amal Jean pt. 10%

Exchange. Amerada ......

NEW YORK, April ‘16 (U. P)— Am Ag 19 Unconfirmed Jumors that Rumania |Am Afr Tine: 13 had become a new war front cir-|Am Bk Note pf 49% culated on the Stock Exchange to-|Am Bos 2 day and the whole market tumbled

High Low

HE Otis St eel exevpd + 0.06 9S —0.98 | Jui +0.84 Swept 1i1 Glass -1.96

Abbott Lab Acme Steel .... En dams Ex ddressograph . D119 r Reduc ..... 49% r Way El ... % laska Jun, .

be AR

Phy bb -_ “oe oe Pa ve

Pac: Am PFish.. Pac Coast Pac Coast 1’ ot £4 France .. 14

. .

2 Ee

Pac Tin p. 3 3 ‘ Pp Dar “Airways dgnhandle ..... Paramt Pict Para Pict 1 pf. Para Pic 2 pf. Parke Davis _. Parker Rst Pri Park Utah ... Pathe Film ... Patino . Mines. . Penney Penn D C pf A Pein G1 S cts. Penn eivee

FlHH++1 1 ae

lied Stores .. s Chal Amol Leat 2%

PRBBEELBBRERS EEBEE

«on «ee os “oe

Am rene 310Ya PE. Ana

Am Br § 2 Shoe". 4144 S3 ans generated by these re-

Oil shares were hard hit in cases where the companies had large

Am Can Ame Car&rdy .e

Rumanian interests. Largest in this Am

category are Sa Oil Co. (New Jersey) and Socony-Vacuum. A block of 17,900 shares of the latter appeared at 11, off} % point, and a new low for the year. Jer-

sey made a new low at 403%, off 112

A block of 5300 shares of Standard 4 of California sold at a new low of A

22%, off %.

“International Nickel made a new|a

low at 31%, off 1. Other nonferrous metal issues weakened. Steelss turned down after early firmness and selling came into aircrafts which had made new highs. Earlier, an irregular advance was led ‘by aircrafts and other war issues. Trading picked up sharply on the decline. : : European dollar bonds declined 1 to 3 points over a broad front, creating an irregular trend in the domestic list. Italian Government bonds declined 2!7 points to a new low for the year at 52 as investors continued to press offerings on the market. Japanese issues also registered losses ranging from 1% to 2 points, while Norwegian and other Scandinavian issues declined fractionally.

LOCAL ISSUES

“The following ghtations ‘by the Indianapolis Bond Corp. do not represent actual rs offerings, but merely indicate the approximate market level based on buying an selling fl omens of recent transactions. Bid Ask

nt Ind Pow 7% pf Drugs Inc com Ho T&T Ft Wayne 7% pfd. 50% ind Asso Tel = $6 pf 108Y2 d & Mich Elec 70 pid .. 109% nd Gen Serv 6% pfd . 09 nd Hydro Elec 7% pfd ndpls Gas com ...

L 6% ped 2 pid 102 em 5 Serv 5%9% pid. -..100 N ind Pub Serv 6% pid... 104% N ind Pub Serv 74 bd 112

15 50

Ci Van Camp Milk pid .......... 64 Van Camp Milk COM "..coivess 11

Bonds ,

American Loan 5s 51 .. American Loan 5s 46 .. Citizens Ind Tel 4Y,s 61 .103 Crabbs-Revnolds-Taylor: Co Bs. 155 Home T&T Wayne 5%. Home T&T Ft Wavne 6% 43 . 10s Ind Asso Tel Co 3%2% 70 ... 10 nd T 0 iv De ne 105 ndpls Railway i 50, 67 .... Indpls Water Co 3'%2% 66.... Interstate T&T 512% 101 Kokomo Water Works 5% 58..105 uhner Packing Co 42% 49..100 orris 5&10 Stores 3% 50 ..100 uncie Water Works 5% 65..108 at Silk Hosiery 5s 42 ...... 9 ..103% N Ind

Ind Pub Serv 3%% 69.. Tel Co 4%2% 55 ....... 38 Pub v of Ind 4% 69.......102Y Pub Tel Co 42% 55 .. Richmond Wat Wks 5% 57.... 79 I'rac Term Corp 5% 57 ...... 79

U. S. STATEMENT

‘WASHINGTON, April 18 (U. P.).—Go ernment expense nd receipts for the current fiscal ear througn April 13, compared with a year a BO:

This y Last Yea $7. 524,702.655.80 $7.165.352.571 66 4.376. 830. 042. 33 '4:514.268.800.95 % 73:

N N

8 104 102

LEER J Ve

Expenses

os 57 2,651,083.7 63.57 2.615.129. 179; 1 ‘365. 98 3,183,218,461.5 a 322. 499.516. 2 ub. . 89.5 042,329.502.23 Id res...18,578,217,312. 3 bi 478,509,355.89 Customs . '280,081.388.94 251,286.422.59

Clos INDIANAPOLIS CLEARING HOUSE Bevits

YORK, Apr 18 (U. P.).—Following are noon ca rencies: .

Bngland (pound) 83.5000 anads (dolar) ooo... .86%4 i (franc). ceeeose

+.0 Unquoted

Unquoted |

(ye: sseeoe EIRI00 (Pb ooo) ecescsses

See Final Edition of the Times for

Closing Stock Quotations and Other Late News

le rates on major cur-|Co

A a

27% Chain&C 217% Chn&C pf.110 Crys Sug .. 14

Boll Mill... 159% azor 12

Shin, "Build, 31 15 '8 52

n I ia Anchor Hock G Amchor H Gl p 1 Armour i rs Armour I Armstrong Ck.. Arnold Const. . sso Dry Gd

Ney OD pt 1 ps 3 S Fe a

pr pf

23-3

. . . te BIE pa dh) ps go 4. 3. 20. SS

- ~~

fot

eatrice Cr ... endix Avn €:

ond Stores. 3ord . org-Warner .. 3rewing Cp Am

[1 SHCOW a0) mare nN 3

Aly. & Br.. Ami Are

w-Kno lise & Laughs 3 oeing 8% Nn Al

12215 28% en

Cal

Callahan Cal

Bucyrus- EB 7 pf. 110, Budd Mfg

Burlington M.. Burroughs |. 10%, 3ush T B pf ctf 10% 3ush Té 41; Jutier Bros ...

erm ...

Packing . inc.

et & H Camp

Canad

Can

cific pit Ad

Ca pf Co pvpiitar’ Cel

C Pn Tool cv pf 3%

C Pn Tool pr Chickasha C Childs

1 ge 6

Chrysler .....

Clark.

Clev Graph Br 40% Climax Moly Co 38%

Cluett Peab .. Colgate-P-P . Col & Aik

Col Col Col

C Col Col Col

Col Car! Com Credit. |

FOREIGN EXCHANGE [gm

43 17% 32% Fuel & Iron 20% Broadcast A 24% Brogdeass B 24% Gas pf A . 2 Pictures... TY% Pictures of 20% hon 96 47s v pf. -106% + 54

Cr c Iny Tr

VeIILS. « n

6 & 3.4 1Y4

Cong Cigar: Cons Aircraft.. Cons Cons prmne

Con

Cont- Dia F' cess Cont Con tM

Cont oil Del... Sty Prod

Cir ties Wr A

& Sp $14 Saison 325 Not oa 3% po its

Cigar... : iA

s_Ediso 3 Con SEdison’ pf. 107% s Fil

is sees

1Ys En Ya

CELE LILLE

FE: #1

i | Bast

?|Eng Pub S

\ |Diam Match

tx-cell-o 8

Net Low Last Changs 2% 22% 9% ) + 2 hk

Hig! Copperweld St.. 2% Copperweld pf. Davison Chem . 5s 137

. . . .

PSO Sd

Diam T Mot .. | 87 Dist Seav .... 1 Dixie-vortex A Doeh D t

3. Ee

. ow

3 48 2

EEN i:

u Du Pont i .e 1557 pe, East alr Lines. 44 Mill .. o% wast Bo eS A . -Lidyz

rast Kod pf Mig

—- . 3 his ag FS oa Sa

38 5 Sia 11-16 142 2Ya

. “oe

El W $i-pf. 22 BH Paso N Gas. 34% 1 1Y2 Cease OY4 rod ... 10vs 9% cesses S1va 30% ane;

3% ©

Bags Bldg.

be t wvans

soe

See >

EH HH LE] >

Fair The ,...., 3% 4% 27% ¥

Fed Mot Fed D_St cvpf 92a erro Enam vee 31 Fid Phen ..... 39% Coston T oo 19%. rst trs ... 43%

1mkot siove’ NX, orence Sto 3" 6 317%

F Macn 4 | Francisco Sug.’ Freept-Sulph...

Baking ... Bronze ...

Cigar .... Electric ... Foods .... 4

? | Gen Gen Thtre Eq. T BS

Gille tte Gillette $ 5 ‘pf 5 Gimbel pf

Glidden

Goodye Graham Paige. Gran

d Cp: 15 Grevhad” 512 pf Guant Sug ... Guant. Sug pt.

Hack Wat pf A Hall Print . Pa | Hat Corp ...... Hayes Mfg Hecker Prod . Mot

nspiratn Insshs cts nter R T Interchem

1 | Intercon Rub..

Even If It’s Three o’Clock in the Morning HAAG’S ALL-NIGHT DRUG ‘STORE IS OPEN 22nd and Meridian

FURNITURE

for LESS at

bh 2 R at E. Wash,

MA. 4010 ELI, Eye

ahiend course of ven with OEY oe =F - Easy terms. :

ALT TIE ds

120 ERST OHIO ST.

y °

Save on Auto Supplies, Radios, Sporting (Goods and Hardware at

"Western Auto”

363 N. lll.—301 E. Wash. 3810 College Ave.

Trumpet Instruction ! 115 E. Ohio St.

qo Ei

INDIANA MUSIC CO.

LL. 4088

LEON

ELINED EPAIRED EFITTED

TAILORING CO. 235 MASS,

And Women's

Clothes

AVE.

~ SPRING COATS _ $5 to $16.95

MILLER-WOHL CO. 45 E. Wash. st. RI-2230

" OUTFITTERS TO , WOMEN and CHILDREN

THE MODERN CREDIT STORE

129 Ww. Wash. & jpdians Theater

Men’s SUITS and Topcoats

(UN pon )

$339 FAIRBANKS

JEWELRY & LOAN CO. aus 20% F. WASHINGTON ST. soupun

Others $5.00 Tip

Featuring Junior Sizes .

New Stunning

formals $3.99 ,, $9.95

H olly wood

etlake Ir

.e 8 Borvester 553 d Ys

BENE ENSs

143 48% NY ©

Jarvis Co ..... 14% Jewel Tea o.... 48% Johns-Man .... 72% —— . 19%, 19% A 15 14%

Kan C Sou Kelsey-Hayes - Kelsey-Hayes Kendall pf

Kroger G&B... 33% '

Ri 414 09% 24 3

Lerner Strs ... 28 .-O-F Glass ... 50%

[33 Ya

clede G 6%

108 23

I Ref... 127

18 Lorillard ; 24% 24% [ou G&E A.... 19% 19, Lou & Nash ... 56% 56%

—V—

& For.. 35

35 35% 226% 30%

‘

bibl vee HEEL 2 FE :

? raf ay SES 8

. 4 Motor Whi .... 173% Mueller Br .... 24 Murray a Ni Nash-Kelv .... 6'2 Nat Acme ...,. 19% Nat Aviation . lave

be ®

++ +4+++

oe &

airy Y% Nat Dairy Pt B.110Y%2 Nat Dep St pf.. 7 Nat Distillers .. 25% Nat Enamel ... 13 oe 30%

3 ¢ Ompibis 31% ¥ NuAn Ya

ee 2B N. Rk 119% Noble Spar 5 . p22 No Amer - .. 17%

8% Norwalk T .... 4%

| Walworth

Peoples Dr .... 40 Pere | pr Bh Pet M 2 Pet Corp Am.. Phelps Dodge - . Phila Co 6 pf.. Phil Morris .. Phillips Pet ... Phoenix. H pf. §

Public 4 Pub Serv i 4g . 163s

- CEs

Purity-Bak .... 14

a eR SS =

a laybestos ayonier layonier ot

republic Stl :- teyn Met evn n Spring.

B ... fonfield Oil: Roan Antel...

"10%, ay 97 8

427 Tia 97%

Pik LHe a

atew 7 pf 10018-32014 19-32 111719 2 siensy i PL 30% 39% 80% .... 2714 ‘1312 %

cone

ttuck Ya Shell od oir .. 12

Sim, : Skelly "ou case Skely

” 4 Socony-Vacuum 11 78 50 Am Gold. 2Ys Por R Sug.. 27% 30'east Drei b 15% Cal Ed 30

§ Spe Bi

Sterl Prod .... Stew-War .... Stokely Br .. Stone & Web . Yagebajer ees

Oi. ae Mim . Superhtr Superior Oil

2 Syming-Gld ww ie

5 Syming-Gld xw 6

Talcott J pf ... Tenn corp ie

8 [Tex orp 46s Texas Gut Prod 4 G Su » 35

Tex PC & O . dex Pac L.T ...

, | Thermoid

Thermoid pf . Thi

Timk-D AX .... 2 Timken R B ... 22 Transamerica . Trans & W Air al Tri-Cont 2% Truax Tra . 5% 20th Cent-Fox . 10% 20th Cnt- Fon x ot 22%, Twin Coach ... 12%

Ulen & Union B & P . Union Carb . Un Pacific .... 96 Un Tank Un Aircraft ... Un Air Lines . i 3 Un Bis pf ". Un Carbon .... Loev,

—

RCI

HHH] +E

RO ® ®

{Hebel FL ~

OHI R83 TX

a BIHCIE COCO ppt

tor . 2. “(58 Storey T a. 61s 67% —i Vanadium ..... 387% Van Raalte ... 364% Va-Car 6 of ... “w

cee 3% Warner Bros.. 3 2

0 Willys Overin d 3 Willys Over’d pt 5Y2 Filson & Co.. 61> pi Sia Woodward Iron 2 Woolworth ... Worthington .. Yale sein Yellow Tr Young S & W. 14 Young Sheet .. 44 ' an

Zenith Rad ... 18

' WHEAT; CORN PRICES _|5} ADVANCE SHARPLY [iF

CHICAGO, April 16 (U. P)—

early tradirig on the Chicago Board of Trade today. Crop and weather

receive primary attention. At the close of the first hour wheat was up % to 7% cent, May $1.093% a bushel. Corn was 5% to %

cent higher and rye up % to % cent. Soybeans were a cent higher.

+|DAILY PRICE INDEX

| NEW YORK, April 16 (U. P.).— Dun & Bradstreet's daily weighted

compiled for United Press (1930-32 average equals 100): Yesterday .................... 11075 Week A8O0.....ecteveeveens.. 118.81 Month ABO ..........n....... 118.36 Year Ag0.................... 10301 1940 high (Jan. 2) 123.34. } 1940 low (April 2) 117.486.

‘LOCAL PRODUCE

avy breed hens, 5 _1bs. ang over, 1. a S. mite. ioed hens;

c: ’ Toasters,

1bsy ten

host bf bol Is. 2 1s. 3 3n er, 0. strictly fresh country rum eggs, 13c; each full case Just woigh B55 yi gross; .a net deduction of 15 cents for each full case under 55 Ibs, will be made. utter—No. 1, Sr@3%; No. 2, @30c. Butterfat—No. c:; No. iC, (Pr by Wadley Co.)

ices quote WAGON WHEAT

Indians lis Aram elevators are for PO wh $1; subject a Sar S,

: chang o ony rn. N

sa : ’9 fra p shelled es whi

Shelled, 60c; No. 3 whi oath, 38, ay

si April

8 |M . 3g | Cutter ard

» | Hog market 20c higher; 160- 200 1bs., : 5.40; 200-250 1bs.,

Wheat prices advanced sharply in H

reports and war news continued to N

cent higher, oats unchanged to % |Z

price index of 30 basic commodities, |

paving | white:

weights advanced 25 cents. The top price rose to $5.70 on 210 to 220pounders. Vealers sold 50 cents lower with a top at $11.50.

and heifers reflected a 25-Cent gain

2 and cows and bulls sold unevenly.

Top Repts. ap 10 «3 3 } 3 .

8187 11 . 343 $ 9133 12 ... 2.60 5780] 16 ....

Barrows and Gilts Packing Sows 120- 140 $ 4.40- 3 13 JiGood oh Choice—

4. $i - - 330.. 5:30: 3. 3 3% 60. . 470: is a

.5.65~ - - ... 4.65- 4.80 5. 29 5. 7 30 300, 4.60- 4.775

4,45- 4.60 20- 5.30) 250- 500.. 4.25- 4.75 3 Slaughter Pigs

ium and Good— 4.75- 5.50 20. 3.90- 4.65

Slaughter ‘Cattle & Vealers (Receipts, 1430) 500 10.75-12.00/ 4 00

53% Repis, 3093 8618

f Sausage ie 0.50-11.75 M

9. 31g 75

1300- -1500. Medium— 750-1100. 1100-1300. Common— 750-1100.

9. od 9.00-10.50 C

8.25- 9.50 8.00- 9.25/Cull

7.00- 8.25] .

; Steers; Heifers c 500~ 150. * 9.75-10.75 0od— Go 500- oe 0" 9.75 ers

9.00- es 8.50- 9.00

8.25- ois

hoic Mik 35 900. 7500 "900. edium 500- 900.

Common— 500- 900.

ws .-$ 6

- 7.75- 8 9.75-10.50 i 7.25- 8.25 Calves Steers) 7.75- 8.75 Good. and 6. 754 7 jum— is 500 down 8.00- 9.25 6.25- 6 .75/Go od— 500 flown 8.50- 8.50 common.. 5.00- 6. 25/0 SHEEP AND LAMBS (Receipts, no Lambs (shorn)

8.75~ 9.75| 500- 6.25- 7.25 30 down 9. 55 “11.00 75 % 25 Calves (heifers) Canner.... 4.25- 5.00 M00 to down 7.50- 8.75 Sood and choice

Ewes (wooled) Good and choice Common and medium

CHICAGO LIVESTOCK

Hogs—Receipts, 12,000; market uneven; 240, SE down mostly steady, above 240 lbs. steady to 10c higher; market more active than early, top, 5.60; good to choice 200270 1bs., [email protected]; 2 0 360 lbs., $5.10@ 40; good, 400-550-1b. packing sows, $4.50

Cattle—Receipts, 6000; calves, 2000; fed steers and yearlings steady to strong: market rather slow due to measurably higher asking prices; numerous loads steer sold however; several loads at slightly Ha prices; mostly $8.50@10 trade; str jelly choice kinds abse nt; ye early, $11.5 several loads, [email protected]; choice wo 5 offerings “held around . fed heifers, firm; choice kinds absent; best, $9 eral loads, [email protected]; dium kinds fully steady at $8 ova: cows, steady; Jelghty cutters up to $6; m beef cows, [email protected]; bulls "steady; outside on weighty sausage bulls, $7.10: ‘good to choice weighty vealels, 25@>50¢ higher; selects, $11.50; kinds scarce, abou Steady at $10 down Sith out 35a. stocker a Jooter 2 cattle active at $9. own. 0; late Monday fat active, strong to 15c st week; burt handy$10.85@11; few kinds and same la acking fin0.65; bulk 80-105-1b. shorn spring lambs negligible 1gh ewes to make a t; best light an 3 salable around $5.50; today’s trade fat lambs slow, practically nothing done early; undertone, weak; some bids around 25c lower on lambs now held at $11 and better.

OTHER LIVESTOCK

CINCINNATI, April '16 (U, P.).— 2200; holdover, 110; active; 160 lbs. mostly 5@10c ‘higher; lighter weights 250 higher; sows, steady: top, $5.80; 225-250 lbs., $5. 10 100-140 1bs., SG 75; sows mostly $4.2 athe 300: calves, 350; very aciiye and strong i] ai classes; some cows 25¢ and more 3 gommen to good S00: Sis 1b. o%% "350.2 5; Spal lots d 650@900 23 [email protected]: m and good cows rans “to $6.75; strictly ood, $7@"7.50; cahners and cutters, $4.50 6.50; bulk, $5 upward. pk s teady’ on very Jen supply; early run Tactisally Sh good and ohoi spring lambs, [email protected]; Sriony LE 55-1b. average ohsibls to $15; good and choice wooled old trop lambs listed up to around $10.75 oa x

FT. WAYNE, Ind. April 168 (U. P.).— Hogs—10 cents higher Po0-2 220 | 1bs., TY 180- 200 1bs., $5.35; 160-180 lbs.’ $5. 25; 220240 1 \, $5. 35: 340-280 1bs. . 60-280 . 280-300 5.05: 300-325 1bs., 50-400 lbs., $4.50; $37°100:190 Ths, . S., $3.75; roughs, 3;' calves. Wool lambs, $10. $b: stags. 3 lambs, 9. si:

LAFAYETTE, Ind. April 16 (U.

2.75-

an Re hiya higher than late la weight wooled Westerns, loads si8owio ish, Westerns,

Py, da [email protected]; 250-350 1bs., +h Fest os 1506 . S, 00 » 10.50; clipped lambs, $9.2 subs SING

FOOD PRICES

CHICAGO, April 16 (U. Sapples— New York Mackintosh, bu., Px 50. eet Potatoes—Tennessee, bu., [email protected]. Beet ery—Florida, crates, [email protected]. Tomatoes— Mexican, qugs, $5.25. Spi nach-—Tllinois, bu., 50@"75¢. OE ay — California, erates. [email protected]. Carrots — California, crates, [email protected]. Onion Market (50-l1b. sacks) — Oregon Yellow Danvers, cold storage stock, $1.85; Idaho Sweet Spamish, $i. ais 65;

Ch forgo 8 Wiki

yn-Oll A oi vere Lindsay Light ......... f orp cose enes!

esses

BININD COTTA ron

Co Yaids-Ain Mach

, to Small

.Cattle trade ruled active as steers

s : (Yearlings exslided) ood 6.25- 7.2

ost [more than in March, 1939.

t|and building permits. The 'indus-

* | plans within a week or so. “.|Paul H. Davis & Co., Mr. Burke 3 | the name

84 | in the state.

Dr. Marcus Nadler . . . to talk on “Our Gold Problem.” :

Dr. Marcus Nadler, professor of finance at, New York University, will speak at the annual convention of the Indiana Bankers’ Association here May 15-16. His subject will be “Our Gold Problem.”

Dr. Nadler, a student and analyst on banking and financial subjects, was research assistant of the Federal Reserve Board from 1921-24 and chief of the Beard’s Foreign Division from 1926-27. He has written several textbooks on finance and is the author of a number of magazine articles. At present he is consulting economist of the Central Hanover Bank & Trust Co. New York.

BUSINESS BAIN "HERE IS SHOWN

C. of C. Review Reveals Slight Upturn in March; Auto Sales Lead.

Indianapolis business statistics for | 6: March reflected “encouraging advances in most phases of activity,” the monthly business review of the Chamber of Commerce said today.

The Brooke, Smith & French national survey’ placed Indianapolis business 3 per cent above normal, compared with 2 per cent above in February and 4 per cent below for March, 1939. Biggest increases shown for the month were ih number of new cars

Auto sales were 118 per cent above those in February and 185 per cent above March of ‘1936. There were 40 per cent more plane passengers than in February and 50 per«cent|

Biggest decreases for the month | were. in electric power consumption

trial power consumption fell 3.3 per cent from February but remained 13.6 per cent above the March, 1939, figure. Industrial gas consumption increased 1.2 per cent|to a level 17.8 above March, 1939.

‘Building Slower

Building permits rose in total value 115 per cent from February, but. were still 68 per cent short of the all-time high of the same month last year. Permits for residential building held up best, being 180 per cent above the Februaty value and only 20 per cent below the March, 1939, record. Inbound and outbound carloadings both showed losses, from February and from March, 1939, as|4 ‘well.

cent over last year. < Employment Gains

March, 1985. Center Township re-

over February, but the cost was 7.6

cent respectively. The 165 manufacturing plants reporting to the Indiana Unemployment Compensation Division showed increases of % of 1 per cent in employment and 3.1 per cent in payrolls over February. non-manufacturing concerns re-| porting showed gains of 4.1 per cent in employment and 3.1 per cent in payrolls from Febriiary to March... Only thé iron and steel manufacturing group showed both employment and payroll losses. Unemployment compensation was paid to almost 7 per cent fewer persons.

T. P. BURKE LEAVES PAUL H. DAVIS & CO.

8 Tyree P. Burke has resigned as co-manager of the Indianapolis office of Paul H. Davis-& Co. Mr. Burke said he intends to remain in Indianapolis and will announce his

Before he was associated with is own business under

f T. P. Burke & Co., Inc., one of the largest investment firms

conducted

In 1938 this business was liquidated and Mr. Burke and. a number of his associates joined the Davis firm. He has been connected with the investment business in In-

sold and number of air passengers. |

Bank clearings increased 14.5 A co|Der cent over February and 6 per

relief rolls increased 5.5 per cent Se

per. cent less, and both declined oan t Elec from March 1939—21.9 and 25.7 per c ies Serv 0.

. Ray Milland, English screen actor, is to be the guest on Information Please, 7:30 p. m.,, NBC-WLS. He was Jack 'Mullane,' the son of a steel mill ‘supervisor, until he quit the army life in ‘Great Britain’ for the movies,

latest war developments in the Balkans on Gabriel Heatter’s “We, The People,” 8 p. m., CBS-WFBM . . . Archibald MacLeish, Librarian of Congress, will discuss “Folk Music of America” during “Columbia’s American School. of the Air,” 8:15,

® = THIS EVENING :

(The Indianapolis Times 1s not responsible for inaccuracies in program announces ments, caused by station changes after press time.)

CBS. : Pl

ND DIAN APOL1S ( toes NET

Kathleen Norris Golden Store Hollvwo Scattergood

:00 flly & Betiv 5:15 Safety Program 5:30 Linton Wells 5:45 World Today

"6:00 6:15 6:30 7:00 4:13 7:30 7:45

WIRE 1400 (NRC-MBS)

Girl Alone Midstream Dick Reed

O’Neills

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KEY NETWORK STATIONS (Subject to Change): MUTUAL—WOR, 710: WHK, 1390; WHKC, 640; CKLW, 1030; WSM, 850. NBC-BLUE—-WIJZ, 760; WOWO. 1160; WLS-WENR. 870; KWK, 1350. NBC-RED-—WEAF. 660; WTAM, 1070; WWJ, 920; WMAQ. 670. WIR, 750; WHAS, 82 820; KMOX, 1090, WBBM, 770.

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dianapolis for more than 20 years. ,

COMMERCIAL LOANS

and Large

Business Organizations

AMERICAN YATIOVAL BAYA

IM ETI ETE

Pennsylvania and Market Streets

‘Oldest Loan Brokers in the State.

The CHICAGO :

146 EAST WASHINGTON ST.

on Everything!

Diamonds, Watches, Autos, Cameras, Clothing, Shotguns, Ete. JEWELRY Go, INC. -

way to a fire that’s partly yours. As a property owner you help pay for fires through insurance premiums. If you rent property, you absorb part of the cost in the reat you pay. Xx Xx Xk Mutual Insurance works to reduce § insurance costs through the of fire. That it has been able to do so over an experience of years has meant the * saving of millions of dollars for

GRAIN DEALE MUTUAL FIRE |

«+ for insurance premiums must pay for all fire losses

. Home Office: Indianapolis, Ind.

GRAIN DEALERS MUTUAL AGENOY, ne. 1740 N. MERIDIAN STREET |

the policyholders of mutual companies. The “Grain Dealers Mutual” —one of the country’s leading mutual companies —has saved and returned to its policyholders more than $17,000,000. Your resident agent listed below will wel-. come the opportunity to explain to you how it is possible to share in these substantial sav. ings. Through him is available the service and facilities of “Grain Dealers Mutual” familiar to policyholders fhroughom the United States.

RS NATIONAL NSURANCE CO.