Indianapolis Times, Indianapolis, Marion County, 1 June 1940 — Page 9

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SATURDAY, JUNE 1

MANUF L

War Cuts off Many Buyers Of Local Products In Europe.

By, ROGER BUDROW The big Indianapolis manufac-

turing companies are hunting new|

customers — and theyre looking south of the . Grande, west of

the Golden Gate and on the far

side of the Sahara Desert. -They are sending some of their

top-flight executives into Centralf’

and South , America seeking customers to réplace those taken under Nazi’ domination in warring Europe.

Even though it is an inland city,|

Indianapolis has a foreign trade which is not mere pin-money. Ten millicn dollars worth of products iuade in| factories here found buyers in foreign lands last year, according to the local office of the U., S. Bureau of Foreign and Domestic Commerce. y

City Is Port of Entry

But imports from abroad, passing through the U. S. Customs here, have dwindled from $10,000,000 in 1935 to an estimated $1,500,000 this year, based on the amount imported the first three months this year. The, U. S. Customs flag waving above une southeast corner of the Federal Building here signifies that Indianapolis is a port of entry through which foreign products may be admitted to the U. S. Shipments arrive here under seal, and if they pass inspection, are admitted—thus preventing congestion in

,seaboard ports of entry.

One by one, as the blitzkrieg struck Eurapean nations, the products of those countries ceased to arrive in the big customs warehouse. First was Austria — they used to

"send violins, violin strings and fine,

laces. Czechoslovakia shipped in glassware, gloves, shoes and chinaware. Even the toys, dolls and Christmas tree ornaments Germany usually sent during the fall stopped except for small parcels coming via Italy. ” Holland no longer ships the great

‘wooden tubs of cheese and boxes of

flower bulbs. The invasion of Norway came at the start of the Norwegian shipping season and the steel drums of cod-liver oil failed to show up. The knitwear and whisky Scotlgnd formerly sent here is gradually becoming less.

Import Total Drops

Imports from France and England —fine clothing, perfuines, wines and liquors—also are slowing down. The big boxes of silk goods, mufflers and ties ‘that Liberty & Co. of England formerly. shipped to Indianapolis stores arrive less frequently. Whereas the value- of imports

/ through the Customs here the first

three months last year totaled $428,000, the value the first quarter this year has fallen to $333,000, according to Ralph E. Compton, assistant collector. But on the other side of the Jedger—the exporting of products from Indianapolis — prospects are brighter, according to Francis Wells, head of the Bureau of Foreign and Domestic Commercé here, who serves as a clearing house on foreign trade information for local business firms. Last fall Mr. Wells gave a local company the names and addresses of nearly 12,000 foreign concerns. Circulars were sent these companies and the Indianapolis firm reported it has received. inquiries for nearly $500,000 worth of hardware, machinery, steel wire and other locally manufactured products.

Seek Goods in City

Many companies report that each mail brings them letters from South America, Africa, Asia—“from companies we never heard of before, wanting to know what we can supply them now that they can’t buy from Europe any longer. The chief exports from Irdianap-

"olis and Indiana include electric

motors and appliances, refrigerators, radio equipment, industrial and agricultural machinery and implements, tools, trucks, automobiles, parts and accessories, food products, |} chemicals, toilet prepartions, drugs and pharmaceuticals, paints and varnishes.” C. J. Haring, chairman of the Indianapolis Chamber of Commerce foreign trade division and export manager for J. D.' Adams Manufacturing Co., said 80 Indianapolis

" concerns are now doing business in Last winter Mr.

foreign markets. Haring went to South America and Mexico for his firm which makes road-building and ' road-repairing machinery. .. Mr. Haring said he found much approval of reciprocal trade agreements, a growing cordiality to U. S. businesses and a dislike of German trading methods, - particularly the “gski-marks” system of bartering.

Need to Learn Methods

“But there is a great need’ for erican companies to learn the South American's way ot doing tr things,” Mr. Haring declared. “We need to print our catalogues and price lists in their languages, try to accommodate them when they want something out of the ordinary instead of telling them we don; make that type of product and letting it go at that. We should send representatives down there and get acquainted if we want to get and hold their business.” South Americans prepared for wat shortages by stocking a six to eightmonth supply of drugs and pharmaceuticals—among | other things—

‘Ralph Showalter, export manager

for Eli Lilly & Co., found on his recent trip below the equator. Mr. Showalter reported the prices of some crude drugs imported from Europe, such as ergot from Russia and Spain, have risen due to the scarcity. | The company pecently completed its English subsidiary, Mr. Showalter said. Walter Saeman, export manager

‘for P. R. Mallory & Co., said the

special drive for business’ in South America and Asia is “quite a success” for ‘his company, which manufactures much radio equipment here. Exports to India and the Far

. East have Shereaed about 50 per Hogs eady - to 5¢ hi

cent, he said. : Paper Order Placed

At the Beveridge Paper Co..John Roberts of the sales department said his firm had received inquiries con-

- cerning ‘its products “from - every

corner -of the world.” He reported a big order for calendar paper was received Yecently from British South scarcity ofl 3°

1040 _

ht Co. here has’ found its orld—such as this South African

Many Indianapolis axuerls 1 are

by barge from Evansville or Cairo, boat, or to New York by rail and

paper pulp yet, although Scandiravian supplies have been cut off,” Mr. Roberts said, “but one may develop.” The Diamond Chain Co., LinkBelt Co. and E. C. Atkins & Co. also reported receiving numerous inquiries from abroad regarding their products. Bernard Carlin, who is foreign representative for local manufacturers who do not maintain an export department, said his organization | is experiencing an increase in ihquiries and consequent business from foreign markets.

tries when products are needed in a hurry.

TURERS HERE SEEK TIN-AMERICAN CUSTOMERS

Road-building machinery manufactured by J. D. Adams Manu-

way into remote portions of the countryside where a native mother

pet her child watch the Indianapolis-made grader at its work.

Sowh by air express to other coun-' any others are shipped Ill, to New| Orleans and thence by onto ocean |steamers.

The proflem of getting paid for these exports is one of the most serious that must be solved if the business is to be increased, most businessmen here agree. “For example,” wr Saeman said, “Brazil used to sell large quantities of coffee to ‘Europe and used the money to buy from us.” But their coffee a is getting smaller and smaller.” [Many export managers agreed that either the U. S. must buy more) from its foreign customers or it must lend them money in order for them to buy here.

HOGS SELL AT STEADY PRICES

220 to 230-Pounders; 3000 Received. -

Prices for hogs at Indianapolis today remained unchanged from yesterday's price levels, according to the Agricultural Marketing Service.

to 230-pounders. | | The Marketing Service estimated |75. salable cattle were received, 125 calves and 3000 hogs. I

Ki Top Repts. May Top ui 32 i...$ 5.40, 2 ... 5.9

. 5.65 28 ... 5.30 ki La 3 June 1.

5.63 Barrows and Gilts ol Packin Sows 40 $ 4.00- 4 270° 33 608 200 0. . i 50-

4. 40-

May 25 ...8 5.80

¢ es WO NO HOW QA GIO

en © oo

- 500. 3.75- 4. Slaughter Pigs 0- 120.. 3.25- 4.15 5 40|

Slaughter Cattle

hoice— Bulls 750- 900 $10.00-11. 25] Yearling excluded) 900-1100. 10.00-11.25 Good .$ 6.50- 7.00 1100-1300. 13: 00-11. 25) ausage. 6.00- 8 50 1300-1500. 10.25-11.25)Medium.._ 5.50- 6.00 Good— |Cutter-and 750- 900. 9.25-10. 90; common _ 5.50- 6.25 900-1100. 9.25-10.00] Vealers 1100-1300. 9.25-10.00/Good and 1300- 1500. 9.25-10.25| ghoce or

Mediu Common a. 759-11 0. 3 25- 3 Py 8.50- 9.2 $i cull

1100-1300. I e.. 750-1100. 7.50- 830) % Steers, Heifers ! Choi Chet 503. 50. 10.00-10.75! “500 300. 9.50-10.50 800-1050. 9.50-10.50 500- 7750. 9.25-10.00'Good— 500 Heifers

| - 800. 8.50- 9.50 | 800-1050. 8.25- 9.50 Choice— IMedium— a 900. 9.75-10.75| S90 108. 8.00- 8.75 0od— 750- 900. 9.25- 9.75) "500- 2900. 7.00- 8.25 Medium — Calves (steers) Fie 900. 8.50- 9.25! Good and choice— Common— | 500 down 10.50-12.00 500-900. 17.50- 8.50! Medium | 500 down 9.00-10.50 . Cows | Calves (heifers) Good .... 6.75- 7.75/Good— Medium. . &25: 6.75 500 down 9.50-11.50 Cutter and | 0, down) 8.00- 9.50

common 5.25- 6.25|Med Canner.. 4.25- 5.25] 550" own 7.50- 9.00

SHEEP AND LAMES (Receipts, 0) (Lambs (spring) |

Good and choice /$11.00-12.00 Medium and good © 9.50-10.75 8.00- 9.25

10.00-10.50

Feeder, Stocker Cattle, Calves (Receipts, 123) Steers

Ewes (wooled)

Good and choice i] Common and medium ..:. Ll

CHICAGO LIVESTOCK

2.75- 3.25 2.00- .350

guotsile top, $5.60. For the w ek—Closing steady on utchers scaling 240] lbs. down; 10@15 cents lower on heavy butchers and sows; closing top, $5.65; bu good to choice 180-270-l1b. buchers, $2 @5.60; 270350 1bs., [email protected]; sows, $4@4. Cattlée—Receipts, 200; E04 TH sonis, For the week—Fed steers and yearlings steady; all rades imder pressure late; heifers close Cg strong; cows strong to 25 cents igher; yulls’ fairly steady; vealers 50 cents to $1 lower: largely ‘steer and heifer run; bulk steer run strictly good to choice light and medium weights; feeders steady; e: top Fitetly prim $10.65, light kinds, $10.25; practical top on choice vealers on post-holiday 10.50. Outside, $11. Sheep—! PrRaceilis 500. For [the week— Supply relatively ‘light; old crop lambs showing curtailments; ‘woolskinls practicals ly out of picture; spring afnbs, 0@25 cents higher; fat sheep Strong, bes tive spring lambs in small lots, $12.25; throwouts,

to make a market; Sh nominal;

better kinds .bulk, $11.50@12; [email protected]: best fed clipped lambs, bulk, [email protected]; fed Wel $4.25° bulk fat. natives, $2.73@

S., $4.25; sori lambs,

stag . $10. 50: clipped lambs. $9.25, CINCINNATI, June 1 (VU. P. ) .—Ho, om Receipts, 600; no (Joldevers; opened 10 cents lower; 2 3.30 ine.

0) 1bs.. $ 2504: SOWS,

8. 30@5. 5; 140-160 5 ibs bs. A 500 ¥ es—Salable,

PRA

Top Remains at $5.65 for,

The top orice held at $5. 6 for 220]

W heat Prices

§l : CHICAGO, Jun 1 (U. P.).—The wheat market on the Board of Trade = wa but displayed firmness in spots under the influence of good gains at Wihnipeg. Other grains were

under relatively light trade. Wheat [closed 3% to % higher, uy 82@817%e¢. 14 to 3% cent higher, July 61%; oats unchanged to up % cent, July 33%, and rye % to 1 cent higher, July 45. Soy beans continued flat at the minimum, changed, July 89%.

| RANGE

Low Close

81% .81

Wheat | High 82% $

82% 83% 617 a 58%

331, 31%

45%

& Yealers (Receipts, 75) L

$5. al; 0 $4. ‘30: nominal:

Hogs—Receipts, 300; not enotigh offered |

e fed ry $12/40; heifers, | trade, | ©

na-|N

P.).—| Debits bs Dapith

- Cigars: : Debits

5 cattle ni

CASH Wheat—No gales, Co —No. 1

643, @66%acs No. 3 ve low. assy Ba minal. No. 2 white. ya No. 3 white. 36@ 361,¢. ve—No sales. Soybeans—No sales. Barlev—Feed, 40@50c, nominal: malting, 5 gpse, aomined, Cash provisions Lard loose, $4.35, asked; leaf, bellies. $7. %. bid.

yellow, 1,

LOCAL GRAIN

CASH

Wheat--Firm; receipts, 1 carload; red, 80Ya@81%c; No. 2 _red, 79} aoc: No, 1 ard, 7812.@79%¢; No. 2

hel easy receipts, 25 eatloads; NO. 2 59 @80Yac; No. 3 yellow, 58@ 59¥ac: y!

. 57@58%¢; white corn g@dc over yellow: Boi corn pag under yvéllow eady: receipts, 2 carloads;

Oats—Ste 2 white, aT: No. 3 white, Hikadte

WAGON WHEAT

ngseoeis grain elevators are paying for No.|1 wheat, 78c: subject to rke change: | i grades on their mers, esl N yellow shened, She shelled. 88o No.3 white ats.

Corn and Wheat Region. Official Weather

June 1, 1940

tations Hieh Low tation Weather «v.88 52 .03 Cloud:

Lafa aye te . Cam! ridge yy. Colum) Some Paoll pr

Wayn No Indiangpotis oho Terre Haute ... Evansville ...,. Mashington . sbrin

U. S. STATEMENT

WASHINGTON. June 1 (U. ).—Govthimelis expenses and te Yor the fiscal year through May 29, comwith a ear ago:

PtCldy Cloudy

current pared |

Expenses . $8.5 Recel its 1 . 5,126 A 4

£6.275.36 HE "332,687.18

ast: CLEARING HOUSE. Today Po eeisrrannisaisranaeses. $4,854,000 ER terneeees 9,919,000 —This Week ee ated $16,310,000 dan rein 37,763,000

. FOOD: PRICES

AGO. June 1 (U. P.).—Sweet potatose] TA bushel, $1.70. Celery— 0 ate [email protected].

rnja. . .10. b. s): Old -stoc! v B wir caifory relay ornia white

a Inika Smt

Close Higher Col & Aik

mildly irregular today|S

mostly steady to somewhat firmer Co

c cent g Corn was

-|Corn Ex Bok... 42

%2c. |

Precipi- State of Sligden

R Cloudy | H Cloudy | F2

; Hupp Motor ...

Se i: Johns-Man

F INAL

EW YORK

STOCKS

High Low Close Oe —o \br - & Straus.. 31 dams E:

oh 17%

wae x FEE

ESS

EL EET ERLE PH To

141:

BOA a RU ODN rod SR EER

SRE —_— =

8 ~ feb pod fed od 5 BO ENO + 096 SEFFEFS

Safe Razor. Seating ... T% Ship Fuld. 3s Smelt 35%

ed 2 &

8 Ya 11

| Snuff ... Stl Fdies. Stores . +180 Ye

Woolen 7 Woolen’ BL. . 30% m 5

Sarhsasll ayu Beld Hens Bendix Avn .. an

Bigelow San ... Boeing Air .... Borden Borg-Warner .. Brewing Cp An Bdgept ‘Brass... 9 Briggs Mig ee BK} 3 -M i oh - 29

ulov Lo. 20 urlington M... Burroughs 3utler Bros 3yers A M

Cal Packing ... Callahan “mc. Calumet . Campbell Wy . 12 Canada Dry ... Can Pacific ... Cannon Mills . Carpenter Stl.. 2 Caterpillar T... Celanese Celanese pr pf.1 Celotex 5

ertain-td 6 pr s & Ohi

99000900909

Col Broadcast Colum Gas .... Col Pictures ...

or, 6-3

ON =I HDI = ee

Ediso. Edison ot 30 ons- il ‘ Coal vee .

Container Cont K

levels and closed un-|gont Cc

Cont Steel .... 23 Copwel Steel Copwel Stl pf.. 51 Corn Prod Oty... iheenas Coty Inter ..... Crane Co ..... Cream Wht ... Crown Zeller

DIIRIRE

seo so os DY

Di Douglas Airc Du Pont fos Du Pont pf’

East Air Lines. 28% East . 3%

E : he Evans Prod ... Ex-cell-o

EEE

1 | Fair, The 2 hard, 1M%.@ |Fed Lt &

Fid Phen Flintkote Florence Stove: Foster Whee aoe

Gabriel A .... Gamewell Co .. m Tr .

Motors 40%, Motors pf. 1197, Out Adv 3% P. Ink of 100 Ry Siz... Ji

. 15 co. 12Y, R .. 43 3 5

1+]:

West Sug... Greyhound op: Grevh 5% Grumman alr E

I++ 11:

Hall Print

Homestake Houd-Her B ... Houston Oil ... Hud & Man _.. Hud BM & S.. Hudson Motor..

eI ET

[11 Central .... Jl Cent LL .. 3

Ggersoll Rand. St ....

aps

g SRA 2 SrSRreas nnn =

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St DLAI os 4 BD) DUBIN N00 D=IN ODI OH J,

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CHEPCrCh CPC C

PR HEHE LE HE

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ntst DS. Sand cCCof.

- 8

59 "128" 126 0% 49%

s = | ES

Kennecott seve 27% a7 Reystone 8 ces 11% 1 . berly Bk.

1 33

% 4 1 -

lu s Ssteel 50

2 | Lockheed...

¥% Crown Zel 34

a Laclede Gb .....

. Lorillard

"| NYC StL of & W

2|NY Ship al N Y Ship pf.134 9-32 No A 16

4 Sacony- Vacuum. Am Gold

8v UNITED PRESS

. 80 INDUSTRIALS TOARY +-.e.seesnensrsvensss 115.67

Yesterday .....ceocesceseess 116.22 Week ABO: «i.coseaseocassss 114.78 Month AGO «e.eovrscsecssses 14155 Year AZO .....scee.cerensn. 13%12 High 1940, 152.80; Low, 113.94. High 1939, 155.92; low, 121.44, .

BALLROADS ® 2 23.05: —0.10

23.15 —0.07 22.76 +0.31 30.89 $4.11 27.94

—.55 +0.81

+0.38

Today Yesterday Week Ago Month AZO ...cocscecccccens Year Ago High 1940, 32.67; Low, 22.14;

High 1939, 3 90; Low, 24.14. 5 UTILITIE S Today ......e:.

Yesterday Week AZO ...coec0000c0000se Month AZO .....co0ev00n0cns Year Ago ...... ieceinessiesiy High 1940, 26.45; Low, 18. High 1939, 27.10; Low, 20.71.

15 MOST ACTIVE STOCKS Sales : Net (In 100’s) High Low Clos® Change Std Oil NJ 81 207 30 o Int Paper.. 66 12% 12% + ‘% Comw Ed.. 55 263% 26% — DB Anaconda.. 51 21% 213% 46% 463% Beth Steel 2 0 0% ( 201% 2914 . 39% 40% 19% 19% 12% 138 4% 41% 814 814 83% 8%

escscosseesessece

I, *

AdAAAA AA ALAAAL = pt

Gen Motors Bklyn M T

SFR ERE

L1L+111

Radio Corp 33 Curtiss W.. 30 Com Solv.. 29 Un Aire’ .. 29 43 413% 42% N Y Central 28 1014 10% 10%

Stock sales approximated 270,000 shares, the smallest total for any

® (short session since March 2 and

compared with 550,000 shares a week ago. Curb stock sales were 44,000

. shares.

Net Yen Low Close Change 20%, 20% + -% Kres 399 23% 23% — Ya Boer ‘G&B .. 253 25% 25% fg 4, 4, 3 12% 17% 1% 18%, Leo] F ass Sas 327% Ligg & My 92 Ligg & My B.. 92 Lima Loco ... 17% Link Belt ..... 28% Lion ol Ref... 9 9

12 29% 22 18%,

292 1972

18%, 217% 9

Mack Tr

Macy RH Meo Sq G. Manati Sug . Man Ry md gtd M R md gtd cts

? |Marshall Fld ..

Martin (Glenn) Martin Parry . Masonite. "Corp. Mathieson May D S McCrory McGraw El .. McKes & Rob . McK & Rob pf. Mead Corp . .. Mengel 1st pf . Mesta Mach .. Miami Cop .... Mident Pet. ....

Midland Stl 1 Malang $4 pf. 06% Minn Hny .... 88% Va

Mission oh 1 2

Mo-K Tex ot . Mo Pac pf .. Monsanto 89% Monsanto pf A.1133% Mont Ward ... 36%

Myers’ & Br ...

eile Bey Yeses

: S03 viaieisw 18 Aviation .. Biscuit 18 Cash Reg..

airy 13s Dry pf A 108% Distillers |.. 18% Gypsum_ . 5% & Lt

2 RE

Sie Penn. . Tea v

DH HE

ewberr ry vaisls ewvort In y Air Brk.«. Y Central.. YC&StL, of... 18

| + nN

48 Je —1.18 19% Ya 134 FE 134 9- -32 15% | 157 Ye

17Y | — 85 | 8

| 2 2} 2 | —

mer Ne Amer 5% ‘pf 48 Am hae 5,

2 w —C

Norwalk T

Ohio Oil 6 6 | Oliver Farm Eq 122 12% Omnibus 9% 9 Otis Ele ey Otis Ste 7% owens i) Glass sth

Pac Am Fish ..

Parke Davis ... Park Utah ' Patino Mines ©.

Baio ......sss tadio-K-Or = ayonier ve Br pf. wes Readi

eyn Tob B.... Richfield Oil ... Rutland pf ...

IF: R PS

Cae.

Sears Roebuck. Servel Inc Sharon sh . Sh & D .

kelly Oil Sloss-Sheffield Smith C T ¢ Snider

Ce wN

piegel Inc piegel Inc oF. td Brands ... d G & E pf. O Cal ..... Qil Ind_... Std Oil N J .. Starrett L S .. Stew-War ...... jokely Br .... Web ..

one & Studebaker .... Sun Oil

Lim lH THE THIRTY . * . . 8

Syming ha ww

Talcot J Tenn Corp .... Texas Corp =...

eevee

Thompson Pr . Thomp Star WwW A oil. Timk D A . Timken R B .

[ransamerica .e [rans West Air [rans & Wms.. [ri Cont [ruax Tra . 20th Cent FOX. . Es Bt

| OW-s0%ES STOCK AVERAGES|

{Ulen & 40.98 u

—0.10| U:

n —0.06| 3

‘Worthing

# 1$108,000,000.

2 1248:

‘Net High Lcw. Olose Change —-—t

J. 5-16 (5-16 5-16 . 4 24 24; —

- Steel a 46% 46 Lo) pt. 1103 110% 110% Stores A... 1% i%

30 Ya 19%, 16

30% 19% 16"

Jznadiu Van oy Victor ale Va-Car 6 Vulcan Det

31% . 18% . 18

Walker (H).... Walworth ae Narner Bros . vaykeshs Mot, W Pa El 6

aA Was Ann se 8

ni PP & 0 Nest Auto Sup.

Westing EI ... heel Steel . ite Mot .... Wilco: Willys. Overland Nilson & Co Voodward fron Voolwor th TL ihngtor .

thing pr pt 30%

Ye Yellow Tr ieee 12 1% 11% ellow T pf ...100 0! 10 oung Sheet.. 307% 30% 30%

ibd Zenith Rad .... 9 9 9

STOCKS CLOSE LOWER AT N. Y,

CEL

. =

2Y, 4 3 20% 30% 30% 16 30% 30%

ODN ONO L

wer NaS

=I NO

% Most Declines Are Small;

Trade Remains Quiet; ~ Bonds Mixed.

NEW YORK, June 1 (U. P.). — Stocks made an irregular decline ‘in quiet trading today. Bonds were

2 mixed. Grains steadied while cot-

ton futures eased. Lack of voluge in stocks was attributed to absence of many persons from the financial district in continuation of the Memorial Day holi‘day and to caution pending clar

respect to the war.

than a point in Bethlehem despi outlook for a rise in steel operations

. next week. Motors held at the pre{vious . close. “lecals were mixed. Railroad shares ‘teased slightly while utilities were

Aircrafts and chemi-

steady. Higher prices for paper aided paper shares. International issues had fractional advances. Coppers were sustained by anticipated war orders for copper metal. Shipping shares held their gfound or gained slightly in most instances. Oils were

"8 | about ‘steady.

e Federal Feserve report realed a drop of fifty-three million dollars in brokerage loans, bringing the loss for the past two weeks to The present total of $350,000,000 for brokerage loans (representing funds borrowed to carry stocks on margin) is the lowest since the period of the bank holiday in

holdings of stock in recent war

, | SCATES and indicating that ‘stocks at

present are largely owned entirely by their holders.

Curb Stocks

Low Close 1%,

26% 1

rk N Ga Fe Ashland Oil .. Asso G&E A Aviation & Tr Bab & Wilc

Bellanca Air ... Bliss EW ...... Breeze Corp .. Brewster Aso. ‘

LHL EEE

Carrier Corp... Cent St Elec ... Cities Serv ...

pb 4

oi Giener

El | Bash 6 pt. sds Glen Alden 9 2 Gulf Oil .. : 20v, Humble Oil ... 50% 50 . 6% 6%

8 9% 20% 3 1%

8Ya 4% a7

12% 143 27 9% 107 3% 0

DIEHL HEIR DE EEL)

: PE Rushes r & St 1 t: Regis Paper 2% Lock . 13:18

1/, ; 2 LY

n Un Wall ‘Paper 1% Veneguelan_Pet. 5%

Ch icago Stocks

High low Close 54

estesnens

Abbott Lab ... Advance Alum Allied q Lab Inc Barlow & Sig A. Bendrix Aviat .. Bruce E >

Cent TIP 8 pt Chicago Fe Shatt ae 0

A ad OA BI Oy oF § i

Stan Oil Ind . ... Sunstrd Mech: T... [homusen JR Jeo U 8 Stee) Nn CO sreivereses

Walgr Zenith Radio

sere esses

LOCAL PRODUCE

Heavy breed hens, 5 lbs. and over, 12¢; Leghorn hens. 9c; old roosters, 7c; Barre White Rock broilers, 2 lbs. and over, 3 edlored broilers. stri etly fresh country run eggs, each f case must weigh 55 Ibs. gross; a net ey of 15 cents for each full’ fase under 55 ips. will be made. Te 0 Yac; No. 2, 28@ Wace, Butterfot— No. 1, 25¢; No. 2, 24c. ountry pickun rices out = ‘by

i Broadcasting Symphony will give

cation of the Itallan position with)”

Declines generally were spall: 4:00 Albert Warner Steels had losses ranging to MOrGhetas A

1933, reflecting liquidation of weak

th vd th wet | thd | tk pd WW VN kk Sos

TOMORROW 10:00—Radio City, NBC. 12:30—Music Quiz, CBS. 1:00—CB§ Symphony, WFBM. _ 6:00—Charlie McCarthy, WIRE. 7:00—Jessica Dragonette, WFBM. 9:30—Jack Benny, WIRE. ¢

"GOOD MUSIC" By Janfes Thrasher

The American composers’ usual complaint is that after a first hear-

ing of their works, the compesitions are usually forgotten by conductors. But Dean Robert L. Sanders of Indiana University’s Music School isn’t one of the complainers.

His Little ‘Symphony in G, cowinner in the New York Philharmonic’ - Symphony Orchestra's composition contest two years ago, has had two performances by that orchestra, two by the Indianapolis and one by the Minneapolis Symphony Orchestras. Tomorrow Howard Barlow and the Columbia

—

the work another hearing. Dean Sanders’ symphony will lead off the broadcast concert at 1 p. m on CBS-WFBM. Other scheduled compositions are “Syllogism,” by the English composer-critic, Cecil Gray; Schoenberg’s “Verklaerte = Nacht” and Brahms’ Variations on a Theme by Haydn. = 2 2

A work pheviously unheard in the United States will feature Alfred Wallenstein’s Mozart opera-cycle broadcast on MBS-WOR at 7:30 o'clock this evening. The work is “Thamos, King of Egypt,” and is, strictly speaking, a drama with music rather than a conventional opera. The play was written by von Gebler in 1779, and Mozart later added choruses and incidental music of sufficient lenigth to allow the work’s inclusion in the opera classi+ fication. ‘There is only one featured ‘part, the title role, which will be sung by Crane Calder. bass. A chorus and orchestra constitute the rest of the cast. The work will be sung in Germa This is the fourth in Mr. Walenstein’s Mozart series: #8 8 -

The sixth annual radio series of Grant Park summer concerts in

ON THE RADIO

scheduled on WMAQ at| 7:30 p. m. today. The opening program or its|

| performers has not been announced.

The coming week’s schedule is follows: Tomorrow, 8i30 p. m., WMAQ; Tuesday, 7:30 p. m., WENR Thursday, 8:30 p. m., W NR; Pri day, 8:30 p. m., WENR and NBC Blue, { 2» B®] CBS’ Sunday quiz program, " You Think You Know Music,” is year old tomorrow. And as befi the occasion, a few statistics havi been compiled. | The ‘196 contestants have give master-of-ceremonies ed Cott the right answer on 67.7 per cent of ~ the questions: A further breakdo

seven to fou em six

outnumbered the men and have outscored five. The youngest Soper was

| cians, 72. 3, ‘Women a have

year-old Alan Bendiner; the oldest, Moritz Rosenthal, 8, the dist guished ’ pianist. . { § There never has jpesa a score.

For tomodO's ’s anni) ersary bro

composer, and Fort San Carlo Opera impresario, was scheduled for last week

+ couldn*t make it.

# 8 =

Telemann’s “Don Quixote;” a mave= ment from Raff’s “Spring” Syme phony, and the Mazurka f1 vorak’s— “Vanda.” . . . Seleétions from/ Jerome Kern's “Show Boat” and “Roberta” * will feature |the broadcast by Jessica Dragonette, so=prano; James Newill, baritone, a chorus and Leith Stevens’ orches= tra on CBS-WFBM at 7 p.”m.| toe morrow.

#2. 9 8 :

Jan Peerce, tenor, Henrietta S¢hue n, pianist, and the Music Hall String ‘Quartet will provide | the music on the Radio City Music Hall broadcast on NBC- Blue at 10 a. m,

Chicago will begin with a broadcast,

INDIANAPOLIS WFBM 1230 (CBS Net.)

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Carillon Music Bobby Byrne

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Van Alexander

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Treasure Trails

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Airport Interview Radio City Parsons

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Basehall Lee Dixon

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Mitchell ,Avres

Clyde Lucas Music. You ‘Want

Peter Grant appy Felton Barney Rapp

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KEY NETWORK STATIONS (Subject to change): CBS—WABC, 860; WJI, 750; WHAS, 820; KMOX, 1090; WBBM, 7 NBC- BLUE—W)JZ, 760; WOWO, 1160; WLS-WENR 870; be. MUTUAL—WOR, 710; WHE, 1390; WHKC, 640; CKIW, 1030; WS NBC- RED--WEAF, 660; WIAM, "; WWJ 920 WMAQ, 6 610,

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