Indianapolis Times, Indianapolis, Marion County, 22 June 1940 — Page 9

Current and Future Defense

Gains in Almost All Types of Activity;

9

Times Special

Further Expansion Expected.

BLOOMINGTON, Ind., June 22.—Business in Fidiana

. is approaching the peak it

attained in February, 1937,

“chiefly because of current and-future U. S. defense needs, the Indiana University Bureau of Business Research re-

ported today.

Contrasted with business upturn during the last three

months of 1939 which “was in’ anticipation of foreign business which never arrived,” the present upturn “is

based more closely upon the known potential demand for durable goods which must be made to meet rearmament,” the Bureau «said. - . It predicted that “this is a demand which will expand rather slowly at first but which will gain momentum at an increasingly rapid rate as we get further into our preparedness program.”

Bank Debits Increase

Almost all types of business in Indianapolis and Indiana contributed to a three-point rise in the Bureau's. index during May. The index gained six points during "April. It had lost 15 points between December last year and March.

The Bureau said -May new car sales were considerably smaller than April sales but with this exception were the largest for more than a year. Bank debits were largest for more than a year. Pig iron production made a large gain over April although remaining below the rate of the last quarter of 1939. Department store sales gained about 4 per cent over April, the Bureau reported, and were just ahead of last year. Electricity pro- . duction rebounded from the low of April but did not attain the rate existing at the beginning of January. Hog prices returned to the January level, cattle®prices were the best this year and the index of farm prices was the highest since July,

- 1938. Retail Sales Gain

In Indianapolis the Bureau found “Retail sales made a gain of approximately 11 per cent over April volume and rose 6 per cent ahove the level of last May. Newspaper

advertising lineage increased 9 per |Choi

cent and was 13 per cent greater than a year ago. “Although bank debits declined fractionally, they were 14 per cent above a year earlier. A gain of 2 per cent in postal receipts lifted total receipts 3 per cent over the May, 1939, figure. “Permits issued for contemplated construction were valued at $1,10,658. Of this amount $491,250 was for residential construction. The permits provided for 94 onestory single houses, six two-story singles, 12 one-story doubles and one two-story double. . “Receipts of livestock at the local stockyards declined about 4 per cent. There was no change from receipts in May, 1939. Employment and payrolls reflected the increasing industrial expansion. Railroad repair shops experienced the greatest -.gain from April 15 to May 15 with 32 per cent more men working and an increase in average weekly payrolls of 42 per cent.”

LOCAL ISSUES

The following gu uotations by the Indianapolis Bond & Share Corp. do not represent actual price offerings, but merely indicate the approximate market level based on buying and selling quotations of recent transactions. - Stocks Bid Ask Agents Finance Fok som eae *Belt RR & Stk Yds “Belt RR & Stk Yds of 3 Cent Ind I ers pid c Ft Wayne 7% pid. + ¥ Ind Asso i] Co $6 pf nd & Mic

6% “Ind Hydro Elec % Indpls Gas co! P&L

Eas *Indp *Indp, ;Inco. N Ind N Ind N Ind P Progress Laundry om he 13 Pub Serv Co of to 6% pid . Pub. Serv Co of Ind 7% ld: S30 Ind Gal & Elec 4. 8% 2d Ferre Haute Elec 6% pid . Unien Title Co com Van Camp Milk pfd Van Camp Milk com ......

American Loan 5s 51 ........ 99 American Loan 5s 46 Citizens Ind Tel 4's 61

a Crabbs-Revnolds-Taylor 5s 42 .

Home T&T Fi Wayne 5%s ... Home T&T Ft. Wayne 6s 43. Ind Assoc Te 5 3s 10 43 ndpls P&L 3%s 68 Ine pls Eta tne 55 67. pls Water Co 3s 66 .....

. Interstate T&TS

Kokomo Water Works 5s 53.. Xuhner Packing Morris Muncie Water Works 5 Nat Silk Tlosiery 5s 42

Pub Serv of Pub Tel Co 4'2s 55 Richmond Water Wks 5s 57... Trac-Term_ Corp 5s 57 *Ex- dividend.

PRICES ON HOGS SLIP 10 CENTS

Top Declines to $5.25 for 20 to 230-Pounders At Stockyards.

A 10-cent reduction in prices was required today to sell hogs at Indianapolis, the Agricultural Market-| ing Service reported. The loss applied to weights over 160 pounds, the predominant supply. Underweights below 160 pounds and packing sows sold at yesterday's price levels. : Compared with the closing prices

last week, hogs above 160 pounds still are 5 cents higher with lighter weights and packing sows up 15 cents.

weights from 220 to 230 pounds continuing to head the list. Bulk

selling from $5.10 to $5.20.

June Top 17 ...8 525 5.10

18°." 5 19 ... 5.20

Repts. [June 10,130] 20 ... 12.31% 21 ... 8405 22 .

9800 9611 3000 Barrows and Gi is ! Packin Sows .65 4.50160 0 .50180 4.40200. 220. 240. 270. 300. 330. 3 360. Medium — 160- 200

Saurhter

“Bix 3. Fie, 75 Cattle & Vealers (Receipts, 75) Bulls 750~ 0 $ 9.50-10.75|(Yearlings excluded) 900-1100. 9.60-10.75/Good . ....$ 5 1100- 1200. 9 75-11.00| 1300-1500. 9.75-10.75 8.75- 9.50

Good -- 750- 900. 1100-1300: 9.00- 9.60| 11-00-1300. 9.15-10.00 1300-1500. © 9.00- 9.75 Medium — C 750-1100. 8.00- 9.00 1100-1300. -8.00- 9.15 | 7.00- 8.00|

Common— Sisers, Heifers

Sausage. . 5.00- 6.50 Medium... 5.50- 6.00 Cutter and common 5.50- 6.25

. 9.00- 9.50

Feeder, Stocker - Cattle, Calves (Receipts, 5) Steers

Today's top dropped to $5.25 with |

sales of better grade 160 to 230-4 pound hogs were made from $5.05 Am to $5.25 with 230 to 260-pounders A

Rents. n A

y 4 00] Anc’r £ / A

9.25-10.25 9.25-10 00

8.00- 9.25 8.00- 9.25

750-1100. Choic 9.35-10.00

500- 750. 8.50- 9. 28;

Good— 500- 750. Heifers Choice—

750- 900. od— 750- 500; Mediu

500- "900 Com

Goond500- 800. | 800-1050. Mediom —

9.50-11.00 Comment 7.75-

500- 900. 17.008.75- 9. a Caives (Steers) 7.75-

|Gnnd 2nd choi 8.75] aS down 10.00-11. 50/8 500- | 900 6.75Cows Good . 700.-

Medium .. 6.25Cutter and common. 5.00- 6.25/Med Canner 4.00- 5:00 200" wn 7.50- 9.00] SHEEP AND LAMBS (Receipts, none) | Lambs (spring) Good and choice .

Medium and good Common

8.00

! 1 7.50/G Hol ves (heifers) 7.00] 500 down 9.25-11.50

va 0-10.50 i

Ewes (wooled)

Good and choice 2.75- 3.25

2.00- 2.50

CHICAGO LIVESTOCK

Hogs—Receipts. 200; not enough fresh hogs offered to test market; Jominult steady. For the week Hogs, closed to 25 cents hi her: closing Lop i 35, half fat shoats and pigs sold [email protected]; at close od and choice 180-270-1b. LE $5.15 @5.30; 270-330 1bs., [email protected]; light sows to $4.70, with extreme weignts going

a Cattle ard Calves—Receipts. none. For the week—Fed steers and yearlings 25 to 50 cents higher; trade closed active at advance; fed and Budis” heifers and cows, 25 cents higher: bulls strong; vealers 50 cents lower; common an gam steers and: comparable or in uoply:;. practical top steers, $11.35, but a Poe to prime. $12.10; id yearlings. $11: heifer yearlings, $10.2 5: stocker and feeder steers. 25 cents lower; most fed heifers, [email protected]: canner and cutter cows, $4.75 @86; closing 3% heavy sausage bulls, $725; vealers to $9.50 Sheep—Receipts, 300, For the week—Native and Western : Bulk” lambs mostly ulk Lady wei ht Ida-

old crop lambs, h others. Texas type yearly ers Pg ewes little changed: best West SIs, $4.25 early; most fat ve: $2. 500: |

OTHER LIVESTOCK

WAYNE, Ind., June 22 Hip ar 220-240 1bs.. NS 53> 15: 240-260 bss $s 0; $4.95. 160-180 Ibs..

00 Roughs. 32. 5;

calves, Jambs, $10

ou i Ba

8: 50: LAFAYETTE, Ind., June 22 Market 33. 9 15 cents lower: 160-200 Ibs. £4.50@4. 00-260 D5 Kg 25.20; 20. 5 1bs.. $4. Na 50: 2g dow $4.25 down; calves, $8. 5089: Tabs, "$0@10

(U. P)

4

+13 -15 +9 ¥18 +15 +19 +8 +11 +9 +19 +22 +10 +13 +17 - +28 +36 +10 -—3 +10

Anderson ..ico0c00ee Bedford es conse Serve Connersville . - Crawfordsville East Chicago ........ Elkhart ........ oc.. Evansville Ft. Wayne eecsescsede > Gary #ecrsvccences eee Goshen Hammond Huntington polis Jeffersonville Kokomo Lafayette @0cr00sa0s ee 1a Porte .........o0. Marion .......cece0:s Michigan City ...... Mishawaka Muncie .. ...cec00-0 New Albany ........ . New Castle ......... ‘Richmond ssesesisnrs +28 _ Shelbyville _.......... LR Soth Bend sess . +10 Jen Terre Haute eerste + 4 Jere Haute ......-

ees seen

cesses

7 tessssssese

secevcseecssnre eeo0vcoacee escesssse e0s00r ep ®essses

sespsvecse

. May Business Index

Percentage Changes Over a Year Ago

Manufacturing Emplymt. Payrolls Debits

Retail P.O. Trade Receipts +13 -16

Bank

+26 Zi ¥id Yas +22

I

+ 9 +14 +28 +38 +17 +24 +14 =-11 +20 +58

+ 4 +14 + 8 +25 +18 +14 +21 + 8 +17

Ye

¥13 +10 +5 ch Y14 +25

Yid

411 + 2 +15

¥31

eee

- 7

4-47 +36 4-21

FE

17. 3 500" own 8.75-10. 25/8 B

25D; aSo¥n 8.75- 9.25 13

«| Cub-Am Sug .. 15; | Cudahy

NEARS 1937 PEAK fi

Needs Credited With Causing |

-

A group of. Radio Corporation of America officials from Camen, N. J., visited ‘the local plant terday and then ‘went , to

Bloomington to see the new radio’ . receiving set division there. They were to return here today for a golf [tournament and luncheon at the Indianapolis Country Club

before leaving -for Camden this

afternoon. ‘The men in the front row are, left to right, F. R. Deakins, sales vice president; Robert

Shannon,

executive vice presi-

dent; H. L. Sommerer, manager

of manufacturing; V. C.

Wood-

. cox, sales vice president; J. M. ; Smith, vice president in charge of the Indianapolis division, host to “the Camden men, and T. F. Joyce,

: Wall

STOCK TRADING

DWINDLES AGAIN

‘Street Marks Time ‘Until Hitler’s Terms Are Learned.

NEW YORK, June 22 (U. P)— Trading on the stock market dwindled further today and prices moved in narrow range as Wall Street awaited the Hitler armistice terms. War issues marked time. The financial district believes the Hitler terms may give a clue to the war's duration. Non-war stocks were equally dormant. Bonds were mixed and dull.

| Grains, cotton, rubber, hides and

.Times Photo.

xecutives from Camden, N. J, tour Indianapolis and Bloomington branches of Radio Corp. of America.

vice president in charge of advertising, In the back row, left to right, are N. A. Mears, vice president in charge of purchasing; F. H. Corregan, vice president and secretary; E. W. Ritter, research and engineering manager, and Frank .B. Walker, vice president in charge of record sales.

| | §

ef

Net High Low Close Change dams Exp .... “8!, 5Va 5%, laska Jun .... 4 in 47,

legh Corp ... Sa 5 3 ¢ pf $30 w ww 3/4 : 8%z

61 61 legh Lud Si. gots 222 lied Chem ...1 Be Mills .-. 11%

61 22% 15272 2

21s

PE») pEzzE ’

fd

1 i

Ship Build; 2812 Smelt . 37 sh Fdies.. 20%

+Hbd ELE EE

weil A . 21 Anchor Hock al 14% rHGl5p Armour | Ill a Armstrong Ck. 28%; Arnold Const .. 73s Asso Inv pf ... 83 Atchison ' . 1674 Atchison pf .... 50% At] C Line .... 12 . 45%;

Atlas Corp . Aviation DEE 5Ya

.! Atlas Corp. p

+H FH

Bald Loco et... 1534 Balt & Ohio ... 3%» Bangor |& Ar... Beatrice Or ... 241} Bendix Avn 28% Ben Ind Loan pf 49%, Beth Steel 67: Black & Decker 17Y2 . 141, So 22% .103

| +

+

+r +i) yD :

fren

Burlington M | Butler Bros ...

1

Cal Packing Calumet, & H..

aclric . Carpenter St1 29 Caterpillar T

fa eve El Ilm pf 1131; limax Moly Oo. 2 21, uett Tea y 104%

Colgate-P-P .. go Bonaee 4 A i"

I & th Edisn 2994 g-Nairn ..., 15% Cong Cigar . 11% Cons Cig pr pf. 19% Cons Coprmns. 57% Cons Edison 2714 Cons Edison pf.103' Cons 1 63

Oi Con RR Cub Bt 1% . k B

Cont Ba Cont Cons Corn Corn Pr Corn Coty Coty r Crane Co cv of 78° Cream Wheat .. 24 Crown Zeller ., 14% Crucible St 03 4%, 11

Curtiss- Wr A. : 2598

Davison Chem.. 44

bidet]

Du Potn pt’

Duques L pf....118%%

East Air Lines. 30% East R Mill ..

8 - Sp FUN REN

ON Rl

Eng Pape b 8S Eng P 8S 5.50 of i; Equit Bldg a3 Evans-Prod .. Ex-cell-o

2

+++ H+ HEHE + +

141, 33 Food Mach .... 21 21 Freept Sulphur. 81% 30% Cable A .. 13a pf..106 ric... doy 444s Mot _pf.. 123% Pub Sv .

Ry Si i bo 14 Sen Shee or n Th Eq ....

Gen

HH

Ge i Gen T&R ... Gillette 8S R .. Gimbel Bros ..

dd... 12 obel, Adolf .. bel Brew ..

thi]

AQAA QQ 1 Se ®

Nor Ore ... 14 t North of. ireyhound Cp.. 113%

Hb HE

B8v UNITED PRESS

FINAL NEW YORK

STOCKS

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS

Today Yesterday Week Ago

erste senss esses

122.83

Month Ago .......... esssees 114.95

Year Ago

High (1940), 142.80; Low, 111.84,

High (1939),

Today Yesterday

20 RAILROADS

sssesesse essssree

Month Ago .:

Year Ago

155.92; Low, 121.44,

"5.56 25.53 21.97

29 .16 27.96

High (1940), 32.6%; Low, 22.14. . High (1939), 35.90; Low, 24.14.

Yesterday Week Ago Month Ago Year Ago

High (1940), High (1939),

“15 UTILITIES

ecsesessacens seve . ves seen

cessss es CERRY

26.45; Low, 27.10: Low,

21.50 2113 20.18 18.52 24.05

20.71.

+0.22 + 0.26 --1.09 --0.81 —0.06

15 MOST ACTIVE STOCKS

Sales

(in 100s) High Low

United Co .. Com & So ... Std Gas 7 pf..

Am Wat W

Eng Pub Sv... Colum Gas ..

Inter - Nickel..

Loft

Bkiyn M-Tr...

Std Gas pf

Am For Pwr. Am Woolen ..

Anaconda

Elec Pwr Lt..

2, 2 1% 1's 173 16% 9 83s 9 83s 8 5% 5314 52% 2215 21% 25 2434 205s 20's 4% 4 1% 13 934 94 21 20% 54 5

131 9 50 49 39 31 36. 36 -

ks.

d..

Net

Close Change

214 1% 135 9 87% 6 53

213

25 203s A% 14% 9% 21 S34

+ la

3% 15 % 38 58

15

4 8 1/3 31

+ 5%

Stock sales approximated 200,000 |:

3 shares, the least since two weeks

ago when volume was the smallest since July 8, 1939, and compared with 560,000 last Saturday. stock sales were 46,000 against 64,000 last Saturday.

Curb u

HoudHouseh

Hupp Motor

Ill Central ...

Ind Rayon

Ingersoil Rand 92’ Inspiratn Cop.. 9

Interchem Interlake I

Int Business M 1380 Int Harvesiet °8 Int Hyd EI

EM Mar Nickel

nt P & Int P & P Int T &

Jewel Tea ....

Klmazoo Kaufman: Kennecott Kinney 5 Kresge £ Kroger G

Tot Lorillard

ok

=

ead Cp p ident Pet idland St inn Hny

RERE==

urphy

: Nash. Kelv Acme .... Biscuit .... t Cath Reg.

Dairy nf A Dany yore £1 t

A, & Lt

Pwr at Stee ; Su

cwinu

s - Elev Otis Steel

Pac West Packar

ifs

rocter

D 0 E18

Pure oil , Purity Bak .

vere R

2 | Safew A Baroy L 3

Bb Jos

er.B ...

of.: T...

t cKes & Rob pt

urphy pf ..

Penn. jing... ewport Ind Bd Central.

Yeabit of . :

Pan Am Airwys Paramt Pict . .

Reyn Tob B Richfield oll...

High , Low 10%a 1012 59 59

1 1% lo 102

A oe r

45 25% 578 21% 13 48 3% was 42 ial one 10; 104 9if “pi; .. 28Y4 277 . 33 23 21%

281%

er A.

ine.

. a8 . 28% A 19 19 18% 1814 . 33% 332 6 9512 18

. 30 . 2672 231;

23% 3% 29

run Parry .

44

20% I

a 30,

36% Toate nt B. ALT

1415

Ya

7 Ta

82 —Ps 28Ya 28! oil .. 3, 3% 13% 5

n RR bere, Mgqt pr pf. Pleifer Brew ..

fifes her” if vs Pe ‘scan ce s & W se 3) Elymouth on” a Poor Press Stl Car..

ge... APN

b Serv Pub Serv 8 pf 152

f..115 P 21

4 pt. 190%

8%

Net Close Change

Xin + +1186

Ya

i HEE [Hie

Sl Co]

+++]

iit

» aR

- or - >a

FEE HAE EE] EE "ee :

| Sunshine Min il

Gilion Carb a; fl

2 | Walgreen

Zonite

Net Low Close Change po o—1 72%

Seab’d Oil Sears Roebuck.. 72 Shell Un Oil .. Silver King Simmons Socony-Vacuum.

@ eho

A dh ht ed GD 0 03 oo

3a aa Bow ane a

00 NCA

tn “N00 0

DARE RE EERE HE

Superhtr ove 3 | Sunerjor Qi cu Swift & Co .... S wire ay 18 Syming-Gld ‘ww

Fd+:

Tenn core .

hompson Pr .. 3 omp Star : romp Star pf. [! jmken RB .. «81%

cE]

+i ++

20th Cent-Fx pf 16%

Und Ell Fish.. 273%

Union B & P Un P on

Un on

acific .. n Pac nf .... Anion: ra 39

+10

Gypsum oi 9 S Pipe & F.. § Buber Rub 1 p

Fritts: 441)

Un Stores pf.. 411,

So Vanadium . 314 32 VEL &P 6 pf.. 114'2 114% 202 20% 7 1 8

Tene 201, Walker (H) .. Walworth . ... Ward Bak B... Warner Bros .. Warren Br nf .. Wes Oil & S

of +.

|

Pid:

BONE DOO

52 3% 2%

12% 31%

th.’ 32 Worth cv pr pf 42%

Yellow Tr 1 Trg Young Sheet .. 32%

++ FEE]

Chicago Stocks

2%, 1514 18%

wift & C ; Onited ATE Lines Walereen Co Wrigley

FOOD PRICES

CHICAGO. June 22 (U. P.).—Sweet Potatoes, Tennessee, bu., [email protected]. Celery California, crates. no sales. mea toesCalifornia, -Tllinois aliiornia 1.50. Carrots -—— California, $4. at 75. Lettuce — California, 0@4. Onion Market (50-1b. ar [email protected]; Cali-

crates, Z sacks) —Texas Yellows. fornia Yellows, $1.80@1.

BUSINESS AT A GLANCE

By UNITED PRESS Federal Reserve Board reports week ended Feb. 15 country-wide department store sales 6 per cent above year ago. American Box Board Co. 24 weeks

|lended May 17 net profit $82,576,

equal to 37 cents a common share vs. $47,207 or 8 cents year ago.

Austin. Nichols Co.,, Inc. Year

isl ended April 30 net loss $93,726 vs. x | $200,737 Drevious year. D

, [reflected the better tone in

ig Shiites or od Boliember .e

4 LY otitis 2

No. 2 7 White shelled, Veac: No.

5% IM

wool tops gained small amounts. The pound sterling soared 11 cents. Business news revealed a higher steel operating rate for several leading districts, higher car loadings forecast for the third quarter, and a new high for operations for the paper industry. Steel, automobile, utility and copper shares were steady. Oils were mixed, with Seaboard off a point and Jersey up slightly. Utilities were in fair demand. Steels picked up and finished with small gains. Chrysler ' featured a comeback in motors, rising a point from its early ow.

WHEAT, CORN CLOSE HIGHER AT CHICAGO

CHICAGO, June 22 (U. P). — Wheat futures took a. strcnzer ‘turn on the Chicago Board of Trade in quiet dealings today. Other grains -7heat to varying degrees. Wheat closed 13 to 13; cen's higher; July 79%c. Corn was up 5% to 3 cent, July 627sc; Oats, 3s-1% cent higher, July 32%sc, and rye up 3% to 7% cent, July 42'2c. Soy beans were strong, 1 to 2 cen’'s higher, July 80c. : After a steady opening, the wheat market firmed under buying led by houses with Eastern connections and partially stimulated by the better opening tone at. Minneapolis. Mucit of the early buying appeared based on prospective relief purchases by the Federal Surplus Commodities Corp. over the week-end. RANGE High Low 19% 18%

80%, | 18% 81 19%

Prev.

Close close

December Corn— July .63 .60%% 58%

621% .603% December 58% 33 2934 307%

32% 3 30 Va December Va

July September |: December

Soy Beans— October .... December ..

July September .. October ..., December January ....

.Corn—No. 4 mixed, 1.yellow, 56@58Yzc; 2 yellow. 65%

Wheat-—No sales. mainly white, 7lc; No. sample grade, 63@66¢c; No. @67%c;: No. 3 yellow, noes een, Oats— wh 3% e—No sales. Soy Bean : eilow, i Barley—TFeed, 40@48¢cn; 54@60cn Cash Provisi prg-Lard ¥ iy Tn: loose, M$sn; leaf, $5n;

bellies a ker "bh Bid.

LOCAL GRAIN

CASH Wheat | Sitons) receipts, } Sarloady No 1 red, 80@8lc; No. 2 red. 79@80c 1 hard, 18@19¢. ' No. 2 York, 71@78¢. 2S i Soeeipts, 9 carloads: A yellow, 60@62c: No. 3 vellow, 59@6ic: No! 4 yellow. 58.(360¢

; white corn, 7 to 8 cents over yellow; mixed, Ya to 21, cents un

Oats—Strong: receipts, 5 carloads; No. 2 white, 31'2@33%c: No. 2 white, 30%2@ Yee

n Nominal.

WAGON WHEAT Indianapolis grain elevators are paying No. 1 wheat, 75c; subject to market change: other grades on their merits. ash yellow, shetie d. 60c: 2 white oats, %nc.

ON THE

TOMORROW 10:00—Radio City, NBC. 12:30—Music Quiz, CBS. 1:00—~CBS Symphony, WFBM. 6:00—Charlie McCarthy, WIRE. . 7:00—Jessica Dragonette, WFBM. | 9:30—Aldrich Family, WIRE.

"GOOD MUSIC" By James Thrasher Maurice Baron, the Radio City Music Hall's summertime conductor, has pulled a diversified selection off the library shelves for tomorrow’s regular broadcast at 10 a. m. on NBC-Blue. ] Henrietta Schumann and Jan Peerce will be the soloists; Miss Schumann. playing the Concerto for| piano, trumpet and strings by the contemporary Russian Shostakovich, and Mr. Peerce singing lyrics of Brahms, Menotti Salta and Landon Ronald. Mr. Salta is one of the Music Hall's staff arrangers, and shouldn’t be confused with Gian-Carlo Menotti, the young Philadelphia composer. Neither should the “Adoration,” which the orchestra is going to play, be confused with the familiar work of that title by Felix Borowski. This one is by C. A. J. Parmentier, New York organist. The string orchestra also is to play a Concerto Grosse by Vivaldi, the Dvorak Nocturne and Percy Grainger’s “Mock Morris.”

” » ”

Frank Black, one of our busiest year-round conductors, again will wield the baton on two occasions this week-end. ‘At 7:30 o'clock tonight, NBC-Red, he will present Harvey Shapiro, cellist of the Primrose String Quartet, as soloist in

and the Adagic from Haydn’s Concerto in D. ; On the Blue network at 6 p tomorrow, Mr. Black will a — NBC Symphony Orchestra’s suminet personnel in “famous movements from famous symphonies.” This should be a dish for all who are devoted to the more hummable excerpts from the symphonic repertory. . Included on the program are the Largo from Dvorak's “New World” Symphony, the Allegro con brio from Beethoven's: Fifth, the Alegretto of the Franck D Minor; the "

the Saint-Saens A Minor Concert.

RADIO

Pinale from Tschaikowsky’s Fourth, the Alegretto from Mozart's G Minor, the Andante of the Haydn “Surprise” and the Andante Cantabile from Tschaikowsky's Fifth. . » Mendelssohn's “Scotch” Syme phony, which is usually neglected in favor of the “Italian,” will have e on Howard Barlow’s prowith the Columbia 'Broadcapting Symphony on CBS-WFBM aty1 p. m. tomorrow. The work was pired by a visit which Mena ‘made to Scotland in 1829, Mr. Barlow also will conduct Henry F. Gilbert's “Comedy Over ture on Negro Themes” and twotone poems, Sibelius’ familiar “En Saga” and Liszt's little-known “Orpheus.” Incidentally, the same con= ductor and orchestra recently recorded the “Orpheus” for Colume bia.

” = » It's a pity that Alfred Wallen= stein’s Mozart opera cycle on Saturday nights, via Mutual, is so gener= ally inaccessible in these parts. For it is being ‘hailed by those more fortunate to hear it as one of the significant contributions to the sea« son’s music, radio, concert or whate ever. Mr. Wallenstein is not ory an extremely able conductor, but also a program builder who scorns the musical equivalent of the blue-plate special. While other conductors have been carrying on the worthy work of giving hearings to American works, Mr. Wallenstein has been making’ a no less valuable contribu= tion by rescuing worthy but forgotten works from oblivion. ‘Tonight. for instance (7:30 o'clock, MBS-WOR) he will conduct the first American performance of Mozart’s 21st and last opera, “Titus.” It was composed when Mozart was 35, four months before his death, on the occasion of the Emperor Leopold’s coronation. “This is one of the very great Mozart operas,” says Mr. Wallenstein. “representative of Mozart in the full power of his genius. It is difficult to understand why it has never been produced before in this country.” The cast will include Vivian Della Chiesa, Genevieve Rowe, Hardesty Johnson and John Gurney. 8 »

” » ; THIS EVENING

(The Indianapolis Times is not resnonsible for inaccuracies In program ane nouncement caused hy station changes after oress time.)

INDIANAPOLIS (CBS Net.)

Albert Warner Track Meet Yella Pessl . World Today

' (NBC-MBS) Baseball

Dick Reed Helen Briscoe

i Be

Dic ck. Reed Inside Sports or Nineties. Public Welfare aws

Human Adventure ‘Garilion Musie Bobby Byrne

ST

Srncopstors New.

Hit Parade Saturday Serenade ”,

Republican Conv, Waltz Time Singing Cop

Skv_ Blazers [1] ”»

algal ANN N 80 a0 on oo | ou apes

Caravan Night Melodies

Listen, Indiana Dick Reed . Raseball Ben Cutler Raymond Scott

Benny Goodman

News Alvine Rey Baseball Leighton Noble

Red Cross

fw

Blue Barren ”n ”

eRe m= mem | BHA ANeS | Red R= 538535853 | 5353 | 5803 5373 | H3R3 | 5853

SPER 29VY 1 PRNN

pb

5353

Red, Cross ”

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INDIANAPOLIS E1400

Pecnles Platform Republican Conv. Four Belles

Ren. Hamilten Fish Gordon Jenkins Three Favorites

CHICAGO . WENR 870 (NBC Net.)

Cecil Golly

Camera Coverage Ricardo Rhythms

Israel Message « ” ”»

CINCINNATI WLW_700 (NBC-MBS)

El Chico,

News : Truly American

& Denton Senate Bd. V. Kaltenborn

. es County

News Varieties Home Talent Barn Dance Renfro Valley » ” ”»

Barn Dance ” ”

Jamboree Front Porch

Caravan ”» ”» Renfro Valley ”» ”

Sodbusters Boone County Paul Jones An Kassel

Meo Shuts dnrdens

Foley Dance ” i"

Castle Farm. Or, George Wald Monn River

Woody Herman Jan, Savitt

SUNDAY PROGRAMS

7

INDIANAPOLIS WFBM_1230 |

(CBS Net.) (NBC-MBS)

INDIANAPOLIS WIRE 1400

CINCINNATI (NBC-MBS)

aNDIANAPOLIS WIBC 1050

Wings Qyer JordanSundav Drivers

Gospel Hour Children’s Hour

Church of Air March of Games News. Rhvthm Yella Pessl C. JM B. Class

i-Minut Luther L ur

e Men Singers rogram

Salt Lake Cholr ” ”»

News Oyangu Crystal

Stardust Melodies ”

Open House

Chrreh

Christian Science Brookside Church Eastside ,Church

ren Melodies

Services ”»

Hallelujah 4 Memory Lane Tabernacle

Church JForum Robert Stewart ne Trio

Hit Revue ” Wis Thrasher Sisters Moods in Musle Sidney Walton Richard Liebert U. S. Reports

Words. and Music Radio City Jim Parsons > » ‘Highways » Cadle Tabernacle Silver Strings

Aloha Land arm House Chureh of God

Propaganda News Round Table

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Salute Organ Musie News

Noonday Rhvthms Parad

Castletime

Corn and Wheat Region Official Weather

—June 22, 1940— X Precipi- State of Stations _ Low tasion weather Notre Dame . 56 Rain Angola eis 55 Wheatfield Marlon

“nub fee COCOONROOI

° Soon

Ft. Wayne . Indianapolis . Terre Haute .... Evansville Washington

Heavy breed hen, 11c; bareback hens, Sc; bareback Leghorn Rock spring- , 15¢; other colored heavy breed springers. 2%" lbs. and over, 14c; Leghorn springers, 1'2 lbs, and over, 13c: bareback springers, llc; old roosters,

0. 1 strictly fresh country-run eggs, : (each full case must weigh 55 Ibs. gross; a net deduction of 15c for each full Ease under 55 lbs. will be made utter—No. 1, 29@29%:c: No, 2 Me butterfat, No. 1, 23c; No. (Country pickup prices aed ps. the Wadley Co.)

U.S. S. STATEMENT

WASHINGTON, June:22 (U. P,).—Government expenses and receipts for the current fiscal year through-June 20,.compared with a Your a ago.

La. Expenses... $9,373, ois, 943. 05 $2. 975,998, 988. 63 Receipts. . 2.11 5.566,850,830.46 Gross Def, 3,617, ‘282; 339. 94 3,409,348,158.17 Net Def.., 3.505,697.049.94 3,354,

Cash Bal.. 2.020.810, York. oa 1,293,341,2 42 919,995, Gord Pont 19,784, oh 53: Customs... 338, INDIANAPOLIS CLEARING HOUSE Today

Gleatings Senshiara eaves varie De bit

8.85 14. 19. .88 16,054,357,613. 00.84 310,525,300.27

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11:30 Farm Cixcle | 11:45 12:00 Dr. Malone ° I 12:00 pr) Malone Markets, W Weather

Pick of JJown Yurapenn News

Columbia Symph.

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H. V. Kaltenborn

News Review . Zarootolone Model House

Easy Chair

News H. V. Kaltenborn

Invitation

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Rhythm Revue » ”»

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Paul Laval

Choose Up Sides ’ ” Three Cheers Republican Con

Sweet Rhythm

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Sunday Nespers

Novatime Buckeye Lake

Industry Speaks World Is Yours Desert Streams Align Both

Stecimakers

v. Kentucky Visit

Fun in Print Gene Autry

Catholie Hour Rit Cavalcade Zingo

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Welcome Motorists

_Rordside, Church Beat the, ‘Band

Allen Prescott News Band Wagon

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World News Novelty Musieats Ellery Quee

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FETA

Aldrich Family Prof. Quis

CHICAGO WILS-WENR. 80 (NBC Net.)

2

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Musical ‘Album Man’s Family ”» ”» 4 » »”

Charley McCarthy

Revival Hour ”» ” ”» "»

: Charley McCarthy

» Man's Family

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Summer Hour Merrv-Go-Roun ”» ” ” »

American Album

d Walter Winchell Parker Family Irene Ric Bill Stern

Walter Winchell ker Family

Bill Stern

Sophisticates

Republican Conv. ark Novachord

Buddy C

Take. It, Leave It Hour of Charm

Honr of Charm Biz, Town

Good Will Hour ” ”»

Swing Go Reoublican Con

Benny Goodman

BVO BNVRN | 2tys AAAD

Aldricn JFamily-

nny Messner

v. Carl ”»

Unannounced

Ravazza Land of Ours

Art Kassél

Henry Busse ”» ”

Baseball Bob Millar

Varietie

New Governor Townsend

Peter Grant Deke Moffitt

Barney Rapp Sanrio

Clyde Lucas --Muyle You Want

‘Del Courtney Eddie Bush

Musio 5 Wa

Tommy Reynolds

Tom Devine Monn River ” ”»

nt Lou, Holden Jan, Savitt

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MONDAY PROGRAMS _

INDIANAPOLIS WFB, 2 (CBS Net.) bi Early Birds

E 1400

Dawn Pat

INDIANAPOLIS WIR (NBC-MBS)

rol Market Reports

INDIANAPOLIS

CINNATL WIBC 1050 Wi

(NBC-MBS)

Devotional Millie. Dollie Morning E vohonvBasss County 1

BT Fhres Hilltop House Stepmother Short Story Life Begins

Dawn Patrol Basonolo News ” Man 1 Married Midst

Ellen andoiph Kathleen

David Harum Road of Life Axaiust Storm Guiding Light

DLV NANW | 301.5: 853(5353 [58535

Biz Sister +4 Jenny's Stories

Norris

Breakfast Jam Aime to Shine

” Lone Journey yf Portia Blake

Ravoiness Pion Randoinh Kathleen Norris

Linda's 10 128 Rod rn Guiding Light

FR Spot oe Ro _— Devotional

Memory Lane Music Maric : Rictiard Liebert Food Program

10:00 Kate Smith Linda's Love 10:15 Girl Marries 10:30. Song Shop

10:45 Kitty Keene

11:00 Hits & Bits 11:15

Kitchen of Air

Singin’ 8S.

Vv. Farm Hour

Editor's Daughter

Woman of Courage Rill Jo H. Kaltenborn Parade of Bands Bov Greets Girl

Friendly House ”» ”»

Haven of Rest Castletim

Noandav em nes

Woman in White O'Neills .Goldbergs _Editor’s Daughter

Clem & Massie Farm Hou

12415 ews 13: 30 Fletcher Wiley 12:45 My Son and 1

1:00 Soclety Sin 3:15 Hollvy 11:30 1:45 Setaists

2:00 Lecture TY 2:15 Serena 2: ie Swing Unlimited

Reporter Dick Reed Mary Marlin Ma “perkina’ oper Young Vie & Sade

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Tour Treat O° Neils

Goldens Norris Golden Store

Glen Gar! Home Edition Young Men

Backstage Wife Larenze Jones {

Dinning Sisters

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arlin Bros. Canitol Sity Piane Moods

Rackstace Wife Xavier ¢ Hoar Concer

Stella Dallas Painte PA Kitty eene

Bean f Miss Julia Ontometrists

1050 Clb Memor| Request Time

Around Town ”» ”»

phy hails

KEY NETWORK STATIONS (Subject to change): | CBS—WABC. 860; WJ, 750; WHAS, 820; KMOX, 1090; WBBM, 778. NBC-BLUE=WJZ, 160; WOWO. 1160; WLS-WENR $19; K TUAL—WOR, 710; WHE, 1390

WK, 1350. WHEC, 840. CKIW. w