Indianapolis Times, Indianapolis, Marion County, 22 April 1940 — Page 11

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MONDAY, APRIL 22, 1940

1.4, REPORT

ROP IN MARCH ~ ATTRIBUTED TO WAR, WEATHER

Cals Month's ~ Nine-Point Dip ‘More Statistical ; Than Real.’

Times Special BLOOMINGTON, Ind., April 22.— Business in Indiana dropped more

NEW YORK STOCKS

By UNITED PRESS =

[A aa Ee pt a

Amal Leath pi. Amersda vets Del ...

m 2 rlines . Am Bank Note. Am Bosch ..... Am

Br Shoe .. 41 Am Br Shoe pf 31%

rapidly in March than at any time {Am Can

this year, because of the unseasonable outlook abroad, the Indiana Uni-

versity bureau of business research|j an

reported today. The business trend for the state

was contrary to “what seems to]. have happened nationally,” the cur-|2

rent Indiana Business Review ‘stated. “The drop for the current

weather and the uncertain|Am

month was the largest since Novem-|{Am Rad & |

ber, 1937, yet the present decline was

statistically more apparent than A

real.”

“Actually many businesses in In- A

diana fared better in March than in February, but did not expand so much as is normal for March. Consequently after seasonal corrections

were made, most industries showed a

losses rather than gains,” the Review comments. The bureau’s preliminary index for March showed a drop of nearly

nine points, breaking through the|a level of a year ago. The index a

dropped two points in January, four points in February.

{> Bank Debits’ Expand

In Indianapolis, hg 5 Review reported expansion in ‘bank debits, newspaper advertising lineage, postal

receipts, building permits and sales|!

of independent retail merchants and a drop in livestock receipts. Summarizing the trend in the state’s business, the Review said: “With the exception of bank debits and department store sales, all. parts of the bureau’s index failed to rise. The rise in depart‘ment store sales may have been due in part to the influence of East, which only infrequently comes in March. The incréase in bank debits was influenced in part by the rise| B in retail trade. Newspaper adver- |B tising, with the exception of March, 1937, was the largest for any March

Mil Sup Build 307

Sm sil Fdies. 38% Ti oboe ... 88% Tob B .... 90% Water 0 3 11%

Voolen Noolen pf . 52

Am Zinc pr pI 451 Anaconda .... 31% Armr, Del pL 109% rmolir Il . % Armr Ill pr : i Armstrong Ck.. 4 Asso «Dry Gds

oe Teen

Atlas Corp pf.. 4 Auburn Auto 6

Aviation Corp.. 7%

Bald : Loco st-. « 163 514 6% f 40%, . 15%; 11

th Ste Beth Steal a Bf 124 Bigelow 25% Blaw Knox sess Boeing Air .... 3ond Stores .. Borden .. 5 org Warner . 3ower R B rowing Ly Am agent Brass .. gs Mfg .... 2

Kk since 1931, although seasonally it|guc¥ wr

was fractionally lower than in February. For the first quarter as a whole, newspaper advertising has been much ahead of the first quarter of last year. “New car sales were the largest since May, 1939, but did not expand so much as usual for March, which in Indiana is normally the best month of the year. tracts awarded, as measured in floor space, were about twice as large as in February, but much below March of last year. “In the first quarter of 1939, building in Indiana was the largest since the depression. The decline which has taken place nationally in the heavy goods industries was reflected in the production of pig iron in the Indiana-Illinois district. The production of pig iron in this district was the smallest since September, and declined at the time when production usually expands.”

Postal Receipts Gain

The Review report on Indianapolis business said:

“An expansion of 10 per cent oc-|g

curred in bank debits and total debits were 5 per cent above March, 1939. Newspaper advertising line-

age also improved seasonally. be-|gon

ing 19 per cent above February and 6 per cent ahead of last year. Postal receipts advanced 13 per cent and were 1 per cent over a year ago. “Building permits issued were valued at $776,703. This compared with $361,051 in the previous month and $2,429,438 last year. Livestock receipts contracted 5 per cent from the February level, but they were 10

per cent higher than a year ago. e

Marketings for the first quarter .were 28 per cent above the first three months of 1939. Sales of independent retail merchants were up 29 per cent in March and were 8 per cent above a year ago.”

WHEAT REVERSES

Building con- g

Caterpiiar T .. 1s

Byers pf ... Breon PS ackson

Cal Packing. . Callahan Zine. .

112 53; 5% . 2% Sone f. 18 ed pr p Celotex 107% Cent Aguirre.. 25% Cent Foundry Ya

: Ba eve Graph Br az uett Peab ... 165

& A 33 Fuel & Iron 19% Broadcast A 24% Broadcast B 241, lum Gas 6% Col th os pi. Si Com Credit .... 455

x So pf. 6574 Comwlth Edison 33% Cong-Nairn . ng Cigar ...*! 2% Cons Aircraft . . 30% Cons Cigar ....

Crown Cork ... Crown Zeller .. Crn Zeller pt - oY 3 Crucible St

‘Crucible x Cub-Am Sug . Cudahy Curtis oub Curtiss-Wr Curtiss-Wr

* DOWNWARD TREND:

CHICAGO, April 22 (U. P). Outside buying quickly reversed

the early easy trend of wheat fu-|po

tures on. the Chicago Board of Trade today and prices moved up as much as a cent. At the close of the first hour wheat was 3: to 1 cent higher, May $1.12 a bushel. Corn was up % to 3% cent, oats unchanged to %

A. D Cast. me Mines ... Douglas Aire .. 9 Dresser Mfg ... 28 Du Po! .. 187%

nt g Duques L pf. . [115

Doe

Bast A Jimnes, Eaton Edison Ne el tinzon Sch .. Elec Aufol von 40

$0) 16%

cent higher, and rye 15 to 2 cents higher. Soy beans were up 2 to 2% cents. r

Elec | mee

Elec Boa co YY & Ma Ind. 1% Pwr & Lt 5% El Pw&L $6 pf’ 28%2 El Pw&L $7 pf 33

407; 131% 115

109%

——

. 5-16.

DOW-JONES, STOCK AVERAGES 30 INDUSTRIALS ; {Saturday ........ weees 147.67 Week AZO ....c.covvesensess 149.72 Month Ag0 ....cc.eevvseess 146.25 Year ‘Ago qrsreesenns 129.34 High, 1940, 152.80; low; 144.65. High, 1939, 155.92; 121. sia in S

ses

Wish

13 B*

Net. .Last Change | Low ; +o87| Nak Cash Bor. 13* + 0.08 | : -0.48 -l.21

7 Ya we + 1% Ya

FL Seaa a

20.00 30.98. 30.04 25.49

Saturday ren enesang ree Week AZO ccc.ocosrscrninnen Month Ago ..ocoovesersinens Year Ago . aivhaanere High, 1940, ‘32.67; low, 29.478. High, 1989, 35.90; low, 24.14. ¥ 15 UTILITIES

BD we } & PSE

= -

24.63

Saturday 25.13

Week Ago .. Month Ago 24.09 Year Ago 2.24 <High, 1940; 26.45; low, 24.02. - fe :

High, 1939, 27.10; low, 20.71. ghio gh. Sis st ens a Glass 82

Am Pish..

se0egsesssessonse

sesescsscescscnne

SETHE BREE

754 High EE . 32% 1%

—r— 9, 3315

Elec St Bat.... Elk H Coal.. El Paso Nat Gas 36 Equit Bldg

y » FH HEE R LH LE

Ses ~~ 8

& Vac 33% Exchange Ex-cell-o . .

Ea UC

ir Morse ...

the. Film we J Patino Mines’ oe Penney Penn Cos '& C.

* 5

19%, 36% 2%

ie Ss

jhe stove . ® onan

oo Wheel .. Francisco Sug . Freept-Sulphur.

SA)

27 19% 36%, Gp 43,

i 6%

AVE EL EL RE er | FESS ae

11% 51%

44 30%

Gair Robt

TY 63% 1% 5

- @

hillips Jns ... hillips ‘Pet .. Oo pf

+11 : tag ina MEER REE Q)

14: ES . pa =

57 17% 21%

23% 8

‘ 1%

ny +H Hl +++

15% 5 6%

Pure Oi Purity Bak ... eA liv

-- J

anby rand Un’ Xets. Bi rant W T ... 343 t North pf. ary § West sug |. 28 81% WwW Sug’ .138 revhound "ep! 15% uant Sug .... 3

DEEL LE]

Revn Tob ve Richield oil . Ruberoid

QARQQQQQ0 er LE) tt]

. .

3 % lf

Hack Wat pf. A 35 35 Hat Corp © £

Haye Hecker | Prod Herc Homestake eval Houd Her 15% 15% Househd rT or. 110% USA Housto 5% ash . 44 a“ 4, | Hud Bay M&S. 20 1934 a ‘Hudson “Motor. 5% 5% + %2| Hupp Motor . Ys % + 3

% 7 3z(In

ay Sarews f Edo Pa

L' SoW . ley Dist” -¥ u . O=

NEES ow

HERE HE]

oe Jn 11% 21% 25%

[11 Central [11 Ognitral of.. [nd R: iF

ng [n [n'

11 21% 25

BD ab) 20

a ie South Bee y South Rv Sparks With Sperry Corp ... Spicer pf

LI! erchem nterlake Ir.. nt Agric [nt Harvester .. 57% nt Harv pf 164 2 nt Hyd . nt M Marine. . 1415 k 317% 120% . 20%

11 2 56% 164% on 8 3

[nt N 3 133% Ba

Nicke Int Nickel bt. nt P&P nt er “wn ver Ve y 101% 1033: 8

nt Sa aT

Johns Man .

Kan C So Kaufmann DS Keith Kelsey At A 16%; Kelsey Hayes B 9% Kennecott .... Reyssons Stl ... 14 Kimberly Clk. . Kresge D 8 ...

Kress . Seve B Kroger G&B .

Syming-Gld ‘ww Syming Gld xw.

34% Pexas - Corp

15% 157%

30% 1

™,

Jed 13 ped 3 3

Lambert u ] hateher. n pf. .

ACT moid “ew hermoid pt’ Thompson ® Thompson Pr .. [ide A Oil. 1} [ .. 26Y2 ¥ .. 48 ‘ransamerica 5% [rans & W Air 203% 'ri-Cont ...... 2% [ruax Tra oe 20th Cent-F 20th Cent-F pf.

man. L- i 3 Libby McN &. L a & M 'B.. 108Y = Lo yr Ca Lia © 163 Lotiheed Aircrf 14 35%, 3%

ded red gd

3% 21%

Und Ell Fish..

. 40 Union B&P .... 18% 82

16Ya 962 27 50% 22

anati su, an Ry gt an Ry md

cts 32

arine Mid ves i arshall .Fid 19%, artin (Glenn) 4 9472 artin Parry .. 2 ees asonit e Gorp 3 15% 3% 107% 29 243% 6872 23 27% 1

8 ’ 17%

9 341;

eGraw Hill .. cIntyre ore. cK

FER AES SSE 8

ead Corp ye ' n Stk . a 11] Stores ve 1% niv L T ot: .156 :

t Pet ... een 38% 3 diand sh of yan ® alte... . 35% 35%

33 hy Corp’ > Va-Caro 6 of. . . 27% 27% 0-K Tex 5 oo 5 i ; — We

0 Pac 3 . ; font A Waldorf Sys ... 1% My Mor & BEss.... Walker (H) ... 31% 31% tor Prod’ .. Varner Bros .. 3% 3s otor Whi .... aukesha Mot 20% 20 ueller Br .... avne 22% 22% 103% 103% 23% 4g

3 1121, 37 31%, 117,

gE aanqdads

o pa

Vanadium .. 373%

DELETE

- ERE

RS N°

Nash- Rely Cave "| Nat Acm | Nat Aviation. . Nat Biscuit _. Nat Bond & In

+; Hy

Fone

4, 18%

Employment

Anderson ......:.c.iv0vv + 2 Bedford Bloomington $sssesscsces —_2 Columbus Connersville ......c.e000 — 1 Crawfordsville ....ccoeee o.. East Chicago ..ccoe0evvee Fig Elkhait :...... cesceeves +18 ~ Evansville teessseseusneseatll Ft. Wayne ..cc.coeeeseses +10 Gary “*e vr 50 000000 0000000008 oo Goshen ......cee0c00000e 116 Hammond ....ccecav000e0 +15 Huntington Trees eset +44 © IndianapoliS .....e..cce.s +16 Jeffersonville ....coc00ese +10 KOKOMO .....coore0eeevee + 5, Lafayette seta eeeestobone +16 1a Porte esses ssssssssese TT 8 Marion cereernsense +14 Michigan City ....ce000e +42 ~ Mishawaka +20 Muncie ses seeseiisscnone -_1 New Albany .....cc.eeeee +10 New ASHE le bunts minster Vass Ses ersss ents +33 Shelbyville ........c.vo000.. South Bend .....cco00ey. +20 Tell City. Cen eteninasvesee 0. . Terre ‘Haute seb ts assesses -— 4 ‘Yincenhes [EERIE NEEL EEN I NN ‘Whiting ssesscersseessnee LEER}

css 0000080000000 oo

Manufacturing

March Business Index for State

Percentage changes over a year ago

Pay Rolls

+11 -

Bank Debits

rs ed 8 One.

sb bd dhe pf a 00mm

131%

ite Rock is ‘Overland it ys Overld pt Wilson & Co

Woo Wort! Worthing Wort thing or ot * Electric , Postoffice Energy yellow 72 Sr 18% Receipts Sales Yount Bn ‘Bheet ... 43% +12 ie oT :—30 Zenitn Rad ... «ds +2 Zon

Retail Adver-

Trade tising . + 6 +1 seve el +5 +17 — 9

18% 134 : 181 42%

18%,

+12 : t ; : Altorfer Br iad ‘pf...

+ 6 +11

High : 10% 1%

| ba shel, wa danse 6

_Fo0D "PRICES :

[4 (oO Pp. J Apples Michi 0 Monto . Potatoes— gan 1 hE $1. $250) 0 50,

; Celery Florida Sate, $193 Tomatoes

Cauliflower—California Carro Te rornia

Net Last Change

- PAG! 1

$6.35 TOP FOR PORKERS HERE SETS NEW HIGH

|All Weights Share 25-Cent

Advance as 7574 Hogs Are Received.

, Hogs sold at the highest prices this year at Indianapolis today as the recent price upswing continued with a 25-cent gain in all weights, the ‘Agricultural Marketing Service

. | reported.

4|what retarded by higher

18% ... 816 - ‘3

- 1 Ya - 3

Le mee a

DEIR FEEL

:| Croft Brew .

Chicas Stocks

# CHICAGO LIVESTOCK

31300 3 Soi sas:

LAFA 3 | Hog m Ya $5 Ts@e. 05

cramer:

The- practical top on the 7574 head which arrived at the Union Stockyards here was $6.35, and a few choice lots hit an extreme limit of

2186.45. These scaled in the 210 to

220-pound group. Packing sows gained 15 cents.

| Active steer and heifer trade un-

covered a generally full ‘steady to strong trade. Lambs were steady. Vealers also sold steady with a $11.50 top. 7

‘Top Rebnts.|April ..$ 8.90 8648/19 .. 7262|20

5.90 5.95 6100122

April 16 . i y Bl 18:5,

Top Rents. 8090 1500 "574 Barrows and Gilts | Packing Sows 140.8 5,00- 5.75/Good and Choice— - 160. 5.50- 6.25 - 300 5.40- 5.60

5.30- 5.55 5.25- 5.50

5.10- 5.40 5.00- 5.25 4.85- pg

| Medium 00d— 160- 300. 90- 120. 4. 50° 5.20 Staughter Cattle & Vealers Wecelnts, 1706)

Ci Bulls 300. 10.75-12.00| (Yearlings extluqad) 0.75-12.00|Good 5 .$ 6.25- 7.2

. 10.7 0 . 10.75-12.00(|Sausage.. = 6. Toe 7.10 ...10.50-11.75|Medium.. 5.25- 6.25

Cutter an common. 5.50- 6.25 ealers

2-1. 9.25-10.75 8.25- 9.65 00 © 8.25- 9.50 Sd 7.50- 8.50

es dha Steers, Heifers . (Recelols, 661) 9.75-10.75 Cholce—

i Ri 500- 800. 500- 750. 9.40-10.00] H00;1050. Heifers Choice— 750- 900. 9.75-10.50 00! ih 900. 9.40-10,00 - 500. 9.25- 94.0 7.25- 8.25

No 358

00- 9.75 RH 9.50

'8.25- 9.25 8.00- 9.00

7.50- 8.50

00 0- 7.50 Calves ( steers) Good and Choice— a down 9.50-11, 50

dium: 500 ow wn 8.25 9.50 Calves (heifers)

ood— 300 down 8.75-10.00 .. 6.25- 6.75 Medium— .. 5.26- 6.25/ 500 down 7.50- 9.00 SHEEP AND LAMBS (Receipts, 1362) . Lambs (Shorn) Good and choice Mecium and good Comm

Commoh— 500- 900.

7.50 8.75

Good and ¢ Common a dee di

Hogs—Receipts, 12, pos; market josuze; 15 to, 25 cents higher; ood to choice [email protected]; top, £56. 25; 300-360 Ibs. 140-180 1bs., [email protected]; good 00-600-1b. packing sows, (A 35; lights’

Cattle—Receipts, 12.000; calves, 1000; fed steers and yearlings fairly active; uneven but generally steady to strong with last week’s advance: early trading someasking prices; bulk [email protected]; several loads, [email protected]; choice around 1175 1Ibs., $12. £0 _ heifers, active; Strong to 25 ants hig numerous loads, $9.50@10 Sa * 889-1h. Colorados, $10.75; ¢ pus, ; strong weight cutter cows above; ‘best weighty sausage bulls to on. 15: vealers steady early, but later bids lower; select heavies, $12. Sheep—Receipts. 9000; steadv; early sales choice wooled Westerns, 210, 50; kinds downward to 3 t handvweicht clipped lambs with six ar wool, $9.50,

OTHER LIVESTOCK

CINCINNATI, April 22 (U. P.).—H Salable, 2000; iota. 1, 4150. Active on ent generally = 25@35¢ i :.| top, .50: ag5 bs., $6.40: 1bs., $4.75@5. fully 28 Sets higher; mostly on 75: stags, "$3 50 wn. Cattle—Salable, 800: aD 950. Calves— 250. Very active, all killing classes strong, Rc on steers, heifers and bulls 15 to cents higher, 9.75: medium, $8.3 .50; Re heifers. [email protected]; medium and good' cows, [email protected]; canners and cutters, $4.50@ Sa sausage bulls, [email protected]; vealers, [email protected]; common and medium, $7@10. Wau, 100, steady on light Sap) active; around 60 head cho rn Western lambs, $9.75; clipped native higher, vractically no wooled old crip lambs on offer; g to ‘choice spring lambs, $14@15; common and medium sspringers, $13 OL Fhiory slaughter ewes, $3 down.

YETTE, Ind. pril 22 arket 25 cents hier; 160% 500 og 200-250 Ibs. eves: 250S58 $5.50 down; i) 35.95 down. ods $11.50. Wool lam a "$10; clipped lambs, $9.25.

FT. WAYNE, Ind. nie 22 Ys P.).— 5—20@25 cents higher: 200-22 0-200

8. 05: i 85 5 5.75; 5 8:

8: 130-1 T0600 120 lbs. $3. an ¢ epiia $11; wool a mDs,

Curb Stocks

High Aero

J Sup 63% Alum Co sm 189% Am Gyan 8 9s Am Super .... Sip Auto V 6 \vi 4%, Jah aes 30 ath Ir WS .. 18

. 29% 63% + 13% 6

Cities Serv Eon oy Ltd..

SS op wT en Eagle Picher L. Bd&Sh ..

SE ae meen 2

| pen Gs GQ... rion 5m shvi

SLED HE EERE

. ..

PIE

13-16 13-16 0% 3st

Utah Idaho Bug 1% be A

U. S. STATEMENT

oF April 22 (U, nent expen Ded Coie

Yor ov a thous April 19,

Sli

Te. 5

STOCKS HIGHER

25: Union| Carbide sent that issue up

Net Low Last Change N 5)

3g American ican joan 5s 51 .. 3 Citizens. "na Cra

mee

{Dun &

NEA

Jesse I Livermore . . . “day of the old speculator has gone.”

Livermore Anticipates New Type of ‘Semi-Investor’ In -Future.

NEW YORK, April 22 (U. P.).— In these days of uncertain markets, Wall Street and the country generally wonder if the “good old days” of speculation are gone. Jesse | L. Livermore, whose name has been connected with big’ specu- | lative ventures for years, doesn’t think 9 is quite the case. In his book, ‘How to Trade in Stocks,” Livermore states the day of the old speculazor has gone. : “His [place will be taken in the future by the semi-investor, who, while riot able to make such large sums in the market quickly, will be able t¢ make more money over a given period and be able to keep it,” he! says. “I hold the firm belief that the future [successful semi-investor will only operate the psychological time

minor pr major movement than the purely speculative-minded operator ever x». »

IN LIGHT TRADE

Leading Shares Hold Firm; Many Special Issues - Meet Demand.

NEW YORK, April 22 (U. P.).— Trading lightened on the stock | marke}; today while the general list moved higher.

Nunjerous special issues were in demand and leading issues also were firm.

A ¢Barp rise in earnings of

nearly, a point and attracted buyers to the other chemical shares. Allied | chemical and Du Pont were up more than a point. Her¢ules Motors rose more than 2 points to feature improved automeobilé¢ equipment issues. Automobile issues were steady. Aircraft stocks] were fractions to a point higher. The airline group was about stead with American Airlines slightly lower gespiie a sharp rise in net income. Steels held near the previous close in the face of another drop in the steel operating rate, which now i3 60 per cent of capacity. U. S. Steel preferred rose 2 points to a new high on investor buying. Inon Harvester gained more than ja point. Paper issues dipped from early highs on profit-taking. = ‘and utility issues were rm. .

The tollowine i by the Indianapolis |B rp. do n sent AL Des offerings, but merely indicate the approximate market level based n buy ing an selling quotations of Yegelts tocks 8 d Ask

Agent > Finance Corp com. & Stk Yds com. -. ee s :

vase Ho Ind 7% pid id Gas & Elec Fi 1 ine Elec CO! . Van Camp Milk ofd ... van camp Milk com ... Bonds

ROOD RON

Tel x sR 1dsT&T Ft W

et et dk pt th ft ek pk i

S {sl 50 . ncie, Wate rks % 5... ig Hosiery 5s 42

Sao i

- DO

.. 1033. 109%

.-Dividend.

FOREIGN EXCHANGE

YORK. April 22 (U. P.).—Following ire noon cable rates on major cur-

rencies: Cable Rates Net Change Engle nd (pound) ... $3. a3 —.00% uda Jfollazs) . .8 n

ILY PRICE INDEX YORK, April 22 (U. P).— radstreet’s daily weighted prick index of 30 basic commodities,

7:00—Andre Kostelanetz, WFBM.

Churchill, Britain's First Lord of the Admiralty, will be broadcast by two networks at different times. will not be broadcast locally.

row on ‘CBS-WBBM, and Mutual

‘| carries it from 1 p. m. until 1:25 p. m. The second. airing will be a re-

“The Coast of England” and he is expected to comment on the Nor-| wegian theater of war. : f Ea »

ana’s State song, will be honored in a nation-wide broadcast at 10:30,

and will eventually realize a much in larger | percentage out of every|

| business for the first qua.ter _f

+ 1 236,756.

ON THE

TONIGHT

.7:30—Margaret Speaks, WIRE. 8:00—Radio Theater. WFBM. 8:30—Alec Templeton, WIRE.

The speech tomorrow of Winston

It may be heard at 7 a. m. tomor-

transmission. Mr. Churchill’s subject will be

the Banks of the Wabash,” Indi-

Mutual-WIRE. Miss Midry South, Indianapolis resident, to whom the song was dedicated, ‘will appear on the program, as ‘will Governor M. Clifford Townsend. The program will include other song hits written by the late brother of Theodore Dreiser, » » ”

“Abe Lincoln in Illinois,” with Raymond Massey’s unforgettable anit will be the Radio Theater presentation at 8 o'clock ” 8 »

Paul Dresser, composer of “On *

THIS EVENING

(The Indianapolis Times is not responsible for inaccuracies in program announces ments caused by station chanves after press time.)

RADIO

tonight, CBS-WFBM. omer to take part are Fay Bainter Todd and Otto Kruger as Be Ninian Edwards. . . . Andre Kostelanetz and the orchestra participate ‘inthe debuts of three new tunes tonight. ‘as they troduce hits from the World's r show, “American Jubilee” ‘The numbers are “My Bicycle Girl,” “H Ever Be Alone” and * Fish Fry.” | | ; i £52 vo. 4 Agricultural Secretary Henry A. Wallace; will discuss the relation of the Fair Labor Standards Act to agriculture on he National radio Forum at 9:30, NBC Col. Philip B. Fleming,

drama presented at 6:30, as part of the Youth in broadcasts.

” ” » Euro shortwave: broadcasts:

TPAL—11. 71 meg., and Ré e, 12:35, News and Music, 2RO3—31.15 meg., 2R0O4—25.4 meg., and 2RO06—19.61 meg. | 2 » |

INDIANAPOLIS - WFBM 1230 (CBS Net.) 119 Kathleen Norris

4:39 Hollywood 445 __Scattergood 5:00 Chicagoans 5:15 Hedda ..opper 5:30 H. V. Kaltenborn 5:45 World Today 6:00

News : Wirtes Presents 6:30 Musi ° Hall 6:45

7:00 Tune-Up Time Minstrels

IRE 1400 (NRC-MB8S)

Baseball |

Dick Heed O’Neills

Workshop Sports

Plaagure Time Midstream Girl Alone Dick Reca

Concert Music Fircslons

INDIANAPOLIS Ww!

1940 Champions

GING INNATI hy W. 700 -MBS)

Fi sens EE ac tron Fred Kirdy

w Lowell | Thomas

Feed Warns Jimmy James Inside [Sports Concert ” ”»

wm SREACO 870 (NBC Net.) Radio Neighbors

Anthony Frolics

Yacht Club 0 Malcolm Claire Bud Barton

Tom Mix

Better Business ‘Youth in Toils’ One of Finest

Chicage Sings Organ Concert

True or, False Firestone

Dr. L Q. ” Alec Templeton

Radio Theater ” ”

» ” “» »

Guy Lombardo Blondie

Contented Hour ” ”

Sensations, Sw ”» »”

Concert 1 Bob Strong 2 Rochester Or.

Dr. L ” Ales ”»

empleton

Eastman Symphony Con ro Hour ing

National Forum Sensations. Swing ” ” ” vd)

Dick Reed Baseball “Paul Dresser”

‘ Amos and Andy News

Baseball 5 Roller Derby

11: ow Paul Sulliv i 11:15 louis ar Bevord nes 11: > Dance or. 3h col v” ‘ Ozzie Nelson

oo oo

B88 E52 ass a8R:

INDIANAPOLIS WFBM 1230 (NBC Net.) 6:30 Early 6:45 ”

(NBC-MBS)

Dawn Patrol

Birds > Markets

10 o'Clock Final Peter

Jimmy Dorsey

Carlos Molina Moon River

TUESDAY PROGRAMS

INDIANAPOLIS WIRE _ 1400

CINCINNATI .(NBC-MBS)

Tex. Millie. Dollie Kirby & White

INDIANAPOLIS WIBC 1050

Devotional | Rise & Shine

I} :00 ” ”» jue News

Fred Mille Fe at Tempos Good Morning Song Shep

Ruy Ray rt an arge Hiitop™¢ Mors

Hon ther

Mary lee Tavlor Life Regina Biz Sist Jenny" s “Stories

Dawn Patrol Basonology News

City Today Air Kitchen ” ” Editor’s

"Man | Married Beautiful Life Ellen Randolph . Woman in W

David Harum Road cf Life Against Storm Guiding Light

Daughter

Breakfast Jam

Time to Shine News Gos: Sinaer Little | White House

Caravan Clem Maggie News oe Blake Married Beaut ful Life

Ellen Randolph Kitty Keene

rer Love Road Life

New Bright Sook Band WL Devotiona Story Book Mmneie Macie Richard Liebert Women’s News

Friendly House

Public i ehduia Castlet

ainst Storm uiding Light

Kate Smith Girl Marries Farm Circle

Singin’ Sam Dr. Malone Woman of Cou ET Love

Varieties News ; Kittv Keend Syncopators Melodies Jovce Jordan Gri Pl Ld

Christian Serence Valiant L My Son and I - Church 2

Hou. Markets "Weat eporter

Re Dick Reed

Lisht of World ghte!

i Happiness Bm ara Time O'Neills rage a The Goldbergs wn a Girl Farm| Hour

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MUTUAL—WOR, 710; WHK, 1390:

Times Special ; LAFAYETTE, Ind., April 22.— Indiana’s 4940 harvested wheat crop will be 24,848,000 bushels or 16 bushels per seeded acre, according to estimates based on the April 1 crop report prepared by Purdue University. Wheat was thought to have suffered no decline in prospects between Dec. 1, 1939, and April 1 because of the protection of snow during the extremely cold weather.

INDIANAPOLIS "LIFE DOUBLES ’39 GAIN

The Indianapolis Life Insurance Co. reported today its new paid

this year was 16.8 per cent greater than last year: Edward B. Raub, president, said the quarterly gain this year was more than double the gain for the same period last year and increased the total insurance in force to $112,Indiana showed the largest percentage of increase in new business. \ The company nas paid more than $22,500,000 to policyholders ‘and beneficiaries during its 35 years in business, Mr. Raub .said. Twothirds of this has gone to living policyholde Assets of the company now exceed 24 million dollars, he said. \ ..

Cole Building Leased By. United: Motors

Klein & Kuhn, 706 Guaranty Bldg., have completed negotiations for a long-term lease, effective May 1, between the United Motors Service, Inc, and Cole Motor Car Co., 730 E. Washington St.

St. Approximately 40,000 square

ashington St. snd E. ‘Market St. are covered by the lease Extensive Jimprove-

KEY NETWORK STATIONS (Subject to Chang :

: United Motors Service, Inc. is - Hea ‘now located at 1104 N. Meridian

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WHKC, 640; CKIW, 1 WSM.850.

NBC-BLUE—WJZ, 760: WOWO. 1160; WLS-WENR, 870; R K., 1350, NBC-RED—WEAF. 660; WTAM. 1070; CBS—WABC. 860: WJR, 750; WHAS. 820; KMOX. 1090; W =. 770.

Place State's Wheat Cro p At 24,848,000 Bushels in

WWJ, 920; WMAQ. 670.

'40 The less than syetes amount of moisture in the soil during the alternate erfezing and thrawing in the spring did little damage, the report said. “Wheat = started sl iy Yetatse of ie subnor temperature,” the report es “Very little growth was noticeable in the northernmost counties| of the state by April 1. Dry weather was causing some concern where temperatures had reached the growing point. Precipitation | in March was about. two-thirds of normal in the southern part.” The - ‘condition of rye was 78 per cent of normal, six [points below the 1929-38 average, with - the “usual” change’ since December. Pasture condition was 73 per cent or normal, 11 points below last year and four points below the 10-" year average. Stocks of corn on total 41 per cent of| last year’s crop or 83,995,000 bushels, which is 10,656,000 bushels more than last year and 31,257,000 bushels more than the 10-year average, the report said. “The indicated disappearance since the first of the year was greater than last year by approximately the same - percentage as livestock holdings have increased.” Wheat stocks, estimated at 2,761,000 bushels as compared with 3,750,000 bushels last| year and 4,030,000 for the 10-year average, dis appeared “at about the usual rate.” “Oats were at a low level with J1 per cent of last year’s crop on the farms. The farm labor situation showed little change with the supply reported at 11 per cent larger than the d this, wages were reported one to

three per cent hights/ 3 LOCAL PRODUCE

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