Indianapolis Times, Indianapolis, Marion County, 13 May 1940 — Page 11

THE INDIANAPOLIS TIMES

PAGE 11

MONDAY, MAY 18, 1940

STOCKS BREAK | FINAL

—

High Clase Change |

AS WAR FEARS | ROCK MARKET

U.S. Bonds Tumble to New } Lows in Jittery Trade On Big Board.

YORK, May 13 (U. P).—

Jittery selling swept over markets Amal today. EY Stocks broke & points and more | Am to the lowest levels since last Sep- Am tember in the most nervous liquidat. | 3 Am

m Ing movement in 20 months. Bonds tumbled, with U. 8. Gov. i ernment bonds dropping to the! lowest levels of the year on losses! B extending to more than a point. Selling spread even to the vital | } war commodities and wheat loot] 3 Am with losses of 3 cents a bushel. | A Experts estimated that several] Am billions of dollars in stock and com | | 5 modity market values had been 3 wiped out. The stock market was hit by three AR heavy selling waves. The first came | Am shortly after a steady opening, the {mn second Just before noon and the | Am last in the final 15 minutes of deal- | \m ings. Tickets fell late on all three Am P movements and dealings swelled to n the heaviest of the year, well above A M the two million share level. * Scores of issues broke to new lows for the vear and longer and! some higher priced stocks fell as much as 13 points. Even warbabies, many of which were up in early trading, were hard-hit. Utili- A X ties suffered small lossess, but their general average was the lowest since last July. { 4 Traders ignored domestio news, | Including a 64 per cent jump in| steel operations to 70 per cent of capacity, the highest rate in three] months, | Am Attention was focused on reported | ! German successes against the Allies! and on rumors that Italy had de-| cided to join Germany. At the same time, fears spread regarding the United States’ position In the Pa-| cific in view of the Dutch East Indies Situation.

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Gross Revenues Increase $38,285 Over 1938, Report Shows.

al gross revenues of Indian-| apous Railways, Inc, were $4,266,607 in 1939, an increase of $38,285 over 1938 gross revenues of $4228 412, the company’s 1939 report showed today, Net income for 1939 was $52,412.82 as compared with $93 436.04 the previous year, according to the veport.| BEN Operating expenses last vear were £2.858031, or $48245 more than the £2 800.786 cost of operation in 1938, the report said. This left a net operating revenue of $1408566 for the vear against $1418626 for 1938. General taxes and licenses totaled €310276 in 1939 compared with;go% Warner £208 421 in 1938, leaving a balance of | Bot on & Me . earnings available for Federal taxes | Nr and dividends of $42927, against 3d £76,885 the previous vear, | Net operating revenue of the | Traction Terminal, operated by the Railways company. was $148,741, compared with $150,780 in 1938. | Bklvn u Sas . 20 There was a decrease in the num-|grins-maive ber of interurban cars entering the Buey rus-Erie terminal because of abandonment of | Buda Me this type of service by the Indian Rudd Nir, Railroad [Bud 'y While buses supplanted the rail RUA N pars, the number of passengers pass- | gur Toughs Ing through the station dropped. BT B nt ott There were 880.957 passengers DAass-| Butler y ing through the station in 1939, a| | Butler Sd 21.25 per cent decrease from 1938. gvers A Motor coach passengers numbered | Byers pf 2018852 last vear, an increase of

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8a 879 per cent over 1938. su 3 - alumet Income from the interurban rail Nr — Wy 1C Pacific the City dropped from $40,100 In| Eannon is Jou Car C& O a of interurban opera-! a ointe: tion. . & Payment on 15 trackless trolley | Sas J fet cars and 61 coaches. totaling $1,860,294, was com- | pleted March 15, 1840. The this vear payment on 80 additional | Cent trackless trolleys and 15 additional| Sh, Vio! Bale, 3 N, “a \ as Amount on these pieces of equip- l Cams? Bare nt at ment paid up to' March B PRB Ches Corp

WN 108, 18

ways for use of Railways tracks in|Canada Dry to $28500 last year, due {0|Capit Adm abandonment sti Q | Carriers Gen cars. 75 street motor Caterpillar T © ment began in 1932. By mid-August | a rR n Lt be ny 10 street cars will be completed. | Gertain: teed per 15 was Champ FAB pt 1041s £1.185.250. a te

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“MAYTIME” IS PLAYTIME , ., i

IF YOUR EYES ARE FIT!

Correctly at well as correcting and protecting your eves! modern optical studior TODAY!

Visit our

ON EASY

Registered Optometrist

With Offices at

29 on the CIRCLE

2 Doors ffrom Power & Light Ce.

WOLF SUSSMAN Jewelry, Inc.

WILL BE CLOSED UNTIL WEDNESDAY

ON ACCOUNT OF DEATH OF WOLF SUSSMAN, Pres.

Pe Ri Sar FR FR FRESE EFF LEE

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TO HAND ON

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THE UNION TRUST COMPANY

Capital apd Surplus $3,000,000.00 48 Years of Practical Experience ip the S000000 of Estates,

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ON THE RADIO

ONIGHT will go on an evening hookup, startGO VBite Melton, WIRE, ling at 8. NBC-Blue. “Women in 6:00—Andre Kostelanetz, WFBM. | Politics and Government” will tell 6:30—Richard Crooks, WIRE. lof women in and out of office who 7:00—~Radio Theater, WFBM. have helped to share the course of R t 7:30—Alec Templeton, WIRE. this country. i: ted MeMupay . plays his original role o enn $6. 25 Is Best as eceip 4 11:15—Mrs, TOMRROW TLW. Bartlett, attorney, and Loretta

Fall 7000 Short at The voices of the characters from | Youn3 is co-starred as his prevari-

. cating wife, in the Radio Theater 12 Stockyards. any Fe al Disney favorite| gq pation of “True Confession” at

d in an| 7. CBS, WFBM. , ... Alex Temple-all-Disney program offered by Andre | rotege Hog prices at Indianapolis today astelanetz and the orchestra at 6, JEON WAI resent A ore Eo. ges advanced to the highest in 10 days CRS-WFBM. Te NE lg as a 10-cent gain carried the top Clarence Nash, who does the Don- | “Ma. He's Making Eyes at Me” as price to $825. the Agricultural ald Duck in all the cartoon com- | o it were being done by Victor Marketing Service reported. |ecies, will be Donald; Florence Gill Herbert. There was an about-face in whole- oa Blay Bis git] Mieng Clara; Cut sale pork markets today, with re- wards w h e miny ricket, as coveries up to $1 reported in some he was in “Pinocchio,” and Walter | Wiig ro) San A RoTewave Eastern quarters, the Service said.|Catlett will take the role of J. iin Aone by ple Contributing also to the day's trend | Worthington Foulfellow, another meg: Einhoven, hE BA TTIoTIT in live prices was a curtailment of “Pinocchin” character. ; BE i gr ey iT .| The voices of the three little pigs 1ransmission, meg. ; 7000 hogs in the total at 12 prin-| pis S| in ers to Harry, DEB cipal public markets compared with | will be handled by the same trio ’

961 meg, and DJC—6.02 meg.; a week ago. This shortage else {who made them famous on the| oo me. 8:50, Request Corner, 2R On

(31.15 meg, 2RO4—25.40 meg. and 2RO6—19.61 meg.; ondon, 9, Garrison Theater, GSC—9.59 meg., and { Paris, 10:45, News, TPA—11.72 meg., | TPB—11.84 meg. and TPC—0.52 | meg.

T0 10-DAY HIGH

” #” »

‘mand on shipping account, more | The orchestra will present a pre- | than offset heavy unloads of hogs view of the next Disney full- length [feature when it plays’ “Waltz of Packing sows held at Saturday's Flowers” an arrangement of a levels. Steers and heifers closed | Tschaikowsky number for a new, many sales 15 to 25] | film now being produced under the| above last week's general | | working title of “Concert Feature.” trade. Canner and cutter cows shared this trend. Sausage bulls |settled at Friday's loss. Vealers were steady and sold from $11.50 down,

n "

Marvin Beers of the Farm Se- | curity Administration will speak on “Missouri Share-Croppers Find a president of the International Home" on the National Farm and Brotherhood of Teamsters, willl Home Hour at 10:30 a. m. tomorreply at 7:30, NBC-Blue, to a recent | row, NBC-BLUE Knut HamTop Repts. talk by William L. Hutcheson, also sun's book, “Look Back on Hapsu ‘2s of Indianapolis, president of the piness,” will be reviewed by Prof. 6.25 10.224 United Brotherhood of Carpenters John T. Frederick at 2 p. m. tomorand Joiners of America. row, CBS. Mr. Hamsun is the Nor40 | wegian writer who has been at- | tacked in Scandinavian countries Gallant American Women, “up till | because of the strong pro-Nazi atnow heard as an afternoon feature, titude taken by his recent bocks. ¥ oo =n | £ wu

THIS EVENING

(The Indianapolis Times is not responsible for inaccuracies in program nouncements caused by station changes after nress time,)

INDIANAPOLIS INDIANAPOLIS CHICAGO ' WFB WIRE WLS-WENR R70 WLW ons. Net. 4 (NBC- MBS) (NBC- MBS)

_ (NBC Net.) Pon Coneert Baseball Yacht Club Or. Follies Hedda Hovper "” " Home Edition Kirby & White

Intermezzo Jovee Jordan Colby Chester World Today Glen Gray Lowell Thomas Riehard Himber

Bud Barton Retter Business Baker & Denton Don Winslow

“Youth in Toils" Inside Sports

”

» » un Daniel T. Tobin of Indianapolis,

Top Reots, May $5058 G134 10 6.10 RIN] 585 10,052.13

May : |

Rarrows pr Gilts 120- 140 § 0

TY Jos M7 0 ¢ 403 355.30-

5.20 5.004.85

4.50. 5, 5! maT ter Tes Madivm and 120 4280 85

& Vester (Restarts 1730) |

o ” ”

0 5.75- 5

5 4

5 8 5 5 :

8.05 5.05. 5.855.25-

40 5.30 15 2

360 an=

| Slaughter Cattle

CINCINNATI Chelee 700

00 $1 1 1 1

nlacaanl Zie2%2

3

Dessa Ryrd H. S. Workshop Dick Reed Easy Aces

Telephone

‘Waltz Freddier Miller Syncopators News

5 — o>

£32 53

One of Finest

Tune-up Time Hour

Footlizhts

Chicago Sings Telephone Hour ‘Homes on the r "” i

True or , False

"Feeder. Stooker Cattle, Calves (Receipts, 680

Steers [One 500. iy, 9.85-11.00 265-1050.

9.40. 0.85 Good

ood - 500. 780 500- 800. | 800-1050.

Heifers | Medium-— 9.85-10.75 S0V-1000.

| Common 9.40. 9.85) 500- 500. la C ve (gteers) 8.25- 8.40 Good an nice 500 down 10.00-12.00 7.50« 8.78 Medium | 500 down 8.50-10. oo | alves (heifers)

- 1.715'Goo 00 500 down 9.00-11.00 500 down 9.00-11.00 | common £.25| Medium Canner 4 50+ 5.50! 500 dow no 7.50 9.00 SHEEP AND LAMBS (Receipts, 453) ‘Lambs (shorn)

Firestone Firestone " " " "

aan ARP

Steers, Heifers

Concert Boh Strong Daniel T. Tobin Paul Marin

American

9

Radio Theater A

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50 Alec Temvleton

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Guy, Lombardo Rlondie

El

“Contented Hour Home Confented Hour Sensations,

Swing Unannounced Sensations, Swing

7.00- ~ Amos and Andy

10 o'Clock Final Lanny ”" ” Model

Pleasure Time This Is the Fair Dance Orchestra Sports Pater Grant . H. Hessler Rhumba Band Mel Snyder

Buddy Rogers

Pleasure Time ck Reed Baseball Lou Breeze

” “

Ross Minstrels ”

2: 5823 5558

Jimmy Dorsey Bob Croshy

Carlos Molina Musio You Want

2%

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__Ray Herbeck Jack Coffev 30 George Duffy 45 " ”»

ws 7.00 6.25 - ——— — 5.50 00 Musio You Want

Clyde McCoy Sersnade

Zeke Manners

TUESDAY PROGRAMS

INDIANAPOLIS INDIANAPOLIS WIRE 1400 WIBC 1050 (NBC-MBS)

Dawn Patrol Market Revorts

Dawn Patrol

Moon River ”" ”»

‘ $ 9.50 Medium and good ‘ 2-

Common CINCINNATI

WLW 700 (NBC-MBS)

Tex, Millie, Dollie Varieties

Time to Shine News Gospel Singer Portia Blake

Man I Married Midstream Ellen Randolph Kitty Keene Linda's Love Road of Life Against Storm Guiding Light

Ha npiness 0’)

INDIANAPOLIS WFBM 1230 (NBC Net.) Early Birds

(wooled) “8

Ewes Good and choice Common and medium

CHICAGO LIVESTOCK

| _Hogs-—~Receipts, 11,000; [15 to 20 cents higher: with bulk sales mostly 25 cents oF, full advance on hogs, 250 Ibs. an du higher; $6.25 a ) bs: bu ood and choice , $6,056. 2: 70~ 350 Ibs, §o.1 good 4 50 Ib. sows, $645.35; lightweights to $5.50 and above. { Cattle— Receipts, 12,000; calves, 1000} active market all grades vearlin oh and coms= and medium rade steers, later going both on killer a BRL ie ace count: strong to 25 cents higher; very little done on medium weights ahd weighty strictly good and choice steers; few carly sales steady to strong: liberal water-illls again buying side tendihg to slow down market on weighty steers of value to sell $10 upward. early top. $11.65; several 35: few heifers strong to | . best, $10.60: several loads, | common and medium and cows firm: cows very scarce » 10 to 15 Sents higher: weighty sauflerings to $7.15: yemjers strong at Stoek cattle strong 25 cents 756190.76 on ean and light

weight meaty feeder | Sheep Receints, 2000: fed lambs, strong [to 15 cents higher: sheep weak: 5 doubles | 83« 90<1b. fed wooled lambs. $10.60 10.65: | one double handvweight clippers, $0.50; | better kinds held higher; small lot light « {weight fat clipped ewes around $4; heavies | | around $3.

00 Devofional Symphony Breakfast

00- §, 5 4. we “Jam ”» ”»

__ News ” Kitty Kelly

Basonology News

a as! LhnE To

market opened som asm ee —t later t i Man I Married News Jade Higher Midstream Bright Spot Ellen Randolinh d Wagon

Ban Woman In White Devotional

David Harum Road of Life Against Storm Guiding Light

Linda's Love Editor's JDaurhte Air ,Kiteh en

nm 15 0m __Stepmother

Mary Lee Taylor

'

Memory Lane Music Magic Richard Liebert Women's News

Frie endly ‘House

Public School erg Castletime Editor's "Daughter _ Noanday, “Rhythms Julia Blake

Mrs. Roosevelt whetkérboard Farm Hour Boy Greets Girl

on 15

1 iste __Jenny’ s Stories

Kate Smithy. Girl Marries Freddie Miller Kitty Keene Hits & Bits

Farm Circle

4%

100 (18 130 45 00 5 130 i

Singin’ Sam Woman of Courage Mavries Snitalny Farm Hour

Markets. Reporte Dick Reed

Mary Marlin M E

00 " HL) 130 15

100

Ramblers Light of World Weather Rill Jone Grimm's Daughter Sunshine Melodies Valiant Lady Chu rch Hymns

Mary Marlin Ma Perkins Pepper Young Vie & Sade Backstage Wife Stella Dallas Peter Grant Kitty Keene

ainted Dreams Beautiful Rain ian Ju Glad & “Woody

Cotton Queen Home Edition Rirby & White Unannounced . Lowell Thomas KEY NETWORK STATIONS (Subject to change): MUTUAL—WOR, 710; WHK, 1390; WHKC, 640; CKLW, 1030; WSM, 850, NBC-BLUE—-WJZ. 760; WOWO, 1160; WLS-WENR, 870; KWK, 1350. | NBC-RED- WEAF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670. . 121.58 CBS—WABC, 860; WIR, 750; WHAS, 820; KMOX, 1090; WBBM, 770.

Week Ago . 119.76 | FOOD PRICES

Month Ago srrvrerirr 1193 | CHICAGO, May 13 (U. P.).—Apples—

Yea A CREE EN 106.61 . ) High Corn and Wheat Region New York Mackintosh, bu, [email protected].

11940 High (Jan. 2)....v...... 123.34 | 1940 Low aprit Biieirinnn, . 117.46 4 Official Weather Sweet Potatoes—Tennessee, bu., $1.65@ 11.80. Celery — Florida crates, [email protected].

Tomatoes—Florida lugs, $3.50@4. Spinach

-Illinois bu., 50@60c., Cauliflower—Cali= fornia crates, [email protected]. Carrots—Cali~ fornia crates, [email protected]. Onion Market (50-1b, sacks) — Oregon Yellow Danvers, $2.25; Oregon ‘Sweet Spanish, $2.40; (new Ilstock) Texas Yellow Bermudas, 32 0a@ y 2.78; Texas Yellow Yellow Boilers, [email protected]

LOCAL PRODUCE

Heavy breed hens, 5 lbs. and over, 12c¢: Leghorn hens, 9¢; old roosters, 7c; Barred and White Rock broilers, 3 lbs. and over,

20c; colored broilers se. No strict'y froh country run eggs, | Svansville 13%3¢: each ful case must weight 55 Ss. Washington gross (a net deduction of 15 cents for | . each full case under 55 lbs. will be 1aade). | Buster--No. 1 Rene No. 2, 28) 8'ac utterfat, 0 U. S. STATEMENT

25¢: No er ry pickup prices quoted by WASHINGTON, May 13 (U.

sa | STRMment expenses and recei current fiscal year Yiroush pared with a

Dr. Malone News Fletcher Wiley My Son & |

1 hk sh | } eaiSuden rb (BS mm—— DTD TTT EXXEX Pots . ve on - - =m ie Tor leaner | eeoeie oy

Society Girl Hollywood 130 Village Green 45 + Christian Science

00 Baron Elliott 15 Books Fela Dalla 30 String Time renzo Jones Hh Console » Overtones Widder _Brown “a: on Kathleen Norris Alon 3:18 Golden Store

Benn tif I “Lite eantifu 2:30 Indiana 345 Soattergood

Qity Today O'Neills Pleasantdale Safety Program Joyee Jordan World Today

Musicale " ”

Community Hall Haven of Rest

Pia no Moods . Serenade Concert Hour

Pep Vie & Sade Backstage Wite

Capital City

Request Time

Waltz Time Question-air Around Town

Dick Stabile

DAILY PRICE INDEX |

NEW YORK, May 13 (U. P|

| compiled for United Press (1930- 32 average equals 100): Saturday

WAGON WHEAT |

Indianapolis grain elevators are paving No. 1 wheat, 099¢; subject to market Range! other grades on their merits, Cash No Slow shelled, 62¢: No, 2 hite shelled. No. 3 white oats, 37.

for May 13, 1040 ¢ Precipi- State of co Stations High Low tation Weather w Notre Dame «10 Angola Wheatfield . Rochester Marion ie

Net Low Close Change

102

High

£198

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P.).—GoOv~ | =~ ts for Al ay 10, Wii gay go |

§ Yea Last Yea $8, 20%. 370, 30. 03 $7, pt U1, fins 0

Aa <n

4

%% | Expenses

SEERNRERNEAL

| Yale & 1 cee Yellow Tr Yellow axe of.

-

—— AIRS a FE

Gold Res 18,927 690,480, wi Customs 302,086, 462. 0 »

1s INDIANAPOLIS CLEARING HOUSE 1% | Clearings

2 | Debits

$1100 41

181%

121% 2%

Young

Zenith Zonite

po vo 13% 2%

7,085,000 |

so 7 THIS 5 SPRING ?

DO YOUR HOUSE HUNTING S BY BUS —_— OR TROLLEY/ INDIANAPOLIS RAILWAY'S )

LOANS

‘The e CHICAG

Brders mn nthe EAST WASHINGTON ST.

THERES A House” JUST WHAT WE WANT WITH A “FOR RENT" SIGN ON IT/

= YES AND ITS ON THE TROLLEY LINE WHICH MEANS

6000 TRANSPORTATION’

Tonight and every Monday WIRE ond h P.M.

N.B.C. Red Network v James Melton, Tenor % Francia White, Soprano % Donald Voorhees and the

vc Bell Symphonic Orchestra and Chorus

on on Everything!

Diamonds, Watches, Autos, Cameras, Clothing, Shotguns, Ete. SR WELRY be INC,

INDIANA BELL TELEPHONE COMPANY