Indianapolis Times, Indianapolis, Marion County, 24 June 1940 — Page 9

UTILITIES GAIN IN QUEET TRADE

ON N.Y. BOARD

Willkie’s Growing Strength |i Inspires Upswing of Stock Prices.

NEW YORK, June 24 (U. P)—|a Strength in utilities featured a firm, Gains

quiet stock market today. generally were small, ranging to a point in active issugs and to several | a points in a few inactives.

A Growing strength of Wendéll L.

Willkie at the Republican convention inspired some buying of utility

issues. Commoawealth & Southern, Ax

of which Mr. Willkie is president,

was one of the most active issues:

on the board. ally, ; Consolidated Edison was up a point and fractional advances were

It gained fraction-

-noted in most other utility common A

stocks. American Power & Light

6 per cent preferred rose nearly 2|:

points. American Telephone touched

158%, up 2%, and then lost a point |;

of the rise.

Steel shares were firm and rela- |: tively active despite a decline in|,

steel operations, the first in nine

weeks. Cessation of work on French |4

steel orders, according to the trade, accounted for the setback, which was expected to be temporary. Air stocks were strong. American gained 23 points at 62 and then eased slightly. United Air Lines

NE 24, 1940

Abbott Lab .... 56% . bla

45 h Sethi 8% Tul stl, 221

All Allis-Chal Amerada. . Am A Del’ aes Airlines ... Bank Ne Note.

Am Am Am Am Am = Pwr Ama Pwr $6pf Br Am&F TE T Su! 16% Am&F 2 of I 5%

Am Si Fates... Stores Sugar . TT -... 58% Tobacco .. 0 ves Tob ea oe pe is Water w . Woo. Woolen of. . Am Zinc

Sad Lota hi oe t & hio ...

was up 1% at its high of 18% and |Bal; &

Eastern Air touched 303% ° small advance. at 73% at its high. Copper shares were slightly easier. Oils scored small net gains. Farm shares were mixed. steady. Small gains were noted in some mercantile issues and amusements. Traders paid more attention to the Republican convention than to European war developments. The market made no response to publication of reported GermanFrencH armistice terms or to news

for a

that French representatives had E

signed a truce with Italy. Bonds moved higher. Grains were steady and cotton mixed. There was | little in the way of business news to affect the market.. Traders|E paid little attention to the clause in the Vinson Navy speed-up bill limiting profits on navy shipbuilding and Army and Navy aircraft contracts to 8 per cent.

Security Prices

Break at London

LONDON, June 24 (U. P.).— Security prices today suffered one of their sharpest slumps since outbreak of the war, dealers marking prices down drastically in all sections of the list. Actual business, however, was believed to be the smallest in modern “history of the Exchange. The sharp lowering of quotations checked sell-

ing and such liquidation as did de- ¢

velop was attributed to patriots who were willing to accept large losses on their holdings in or to obtain cash to subscribe to ITOW’S new 21% per cent war loan. Financial quarters said that the City—London’s business quarter— . appears determined to put the new war loan over “with a bang” possibly to top the £580,000,000 subscription to the 1917 issue of war bonds.

Pound Recovers Early Loss

NEW YORK, June 24 (U. P.)— The “free” pound sterling plunged 71% cents to $3.66 on disclosure of

the German peace terms today and |cCo

then recovered most of the decline. The early weakness in the pound sterling - coincided with a sharp drop in securities on the London Stock Exchange. Foreign exchange dealers predicted an early resumption in deal-

Douglas was up 1% 3

Rails held |E

a arker B arnsda an

. 29 . 15% Burroughs 8 Bush T B pf ctf 6% Bush Term . 1a Byron Jackson. 11%

Callahan Zinc . 1% Calumet & H.. 5% Canada Dry ... 14% Can Pacific ... Carpenter Stl 2 i & Gen 2Yg 91 A

Bullar Burlington M’

y Cent Viol Sug . EN Cerro de Pasco. 27% Cert-td 6 pr pf 20'2 Champ Paper .. 22 hes & Ohio .. - 31% hic E Ill 2 1s hi & Nw_R 5

ark Eq eve El Im pt133% imax Moly Co 28%2

2220090000

& IB as 1 507% h Fafon 30% ns Aircraft.. 21 Cons Cig pr of 80 Cons Copprmns _5% Cons _Edison. Ya Cons Edison pf.104 Cons Laundries

Prod .... 49% Prod of..170 Coty 47% Coty Joie cone % Crane Co .... Crane Co cv pf 80 Cream Wh . Crown Zeller.. 14% Crown Zellet pf 3 Crucible ™ eee 30%2 Cub-Am Cub-Am Sug of 13% dahy 1

ings in the French franc here, al-|gud2

though this would require a removal of restrictions by the U. S. Government. Dealers believed such action was necessary if only to “un-

ravel” current commitments in the|D Lac &

franc.

LOCAL ISSUES

The followilg uotations py the Indianapolis Bond & share Corp. do not represent actual price AM but merely indicate the approximate market level based

on buying and selling quotations of Tesgnt 4

transactions. Stocks

OR qance Corp com.... -

N Ind Pub Serv 6% ei J Ind Pub Serv 1% pfd Progress Laundry _c

esses ssene

Mi Yan camp REI |

Van Camp Milk com. Bonds

s 46 A s el. ri gi i a2.

WINNIPEG WHEAT Prev. High Low Close Close

a $ 713 J3% 3% 13% 13% J5% | 14% 16 J5

me Mines ... Douglas Airc .. Dre Mi Dun

-cell-o

Fair Morse _.... d Lt & T...

n. . Francisco Sug ‘ Freept-Sulph

Gair Robt Gen AmTr.

. | Gen

Gen Gen Fi Gen Gen G&E A Gen Mill Gen

Motors ot. 123% Pr Ink ... Te

Gi ov Gobel Adolf ... Goebel Brew

tt Va Gt North of © i Greyhound Cp 11Y Greyhnd 5% pf 10% Grumman Air E 156%

Hack Wat ..... 30% Hall Print 20

e006) MDH ih

woinah

8 6% 2Y2 112

1% 5%

14%, 3

— HO ON onbd

RT > on 3

— bi : 3

BD) =F bd CO bt Cy "

437% 1223, 7 11% 25 20% 1812 9

42 372

3 3 hy

15%

30% 12%

oN oobIWen

[od

BD Cad C00 D0

—-

LIN-y

TB Ort

IO BOD

HHH:

+++]

14 1)

[40 HE LHR LH : - : ;

L141:

Flr H+

- N

Net : High Low Close hones

iy win

s | Week: Ago

i Saturday ....

4 Saturday

8v UNITED PRESS

DOW-JONES - STOCK AVERAGES ‘+80 INDUSTRIALS Ls6es8s00000e0usinsel 122.88 ® eet 0000000000000 122.80 Month: Ago ..cccecceccec... 116.35 Year AO ..ccocvccccoces eeve 185.09 High, 1940, 152. 50; low, 111.84. High, 1939, 155.82; low, 121.44. 20 RAILROADS

40.22 —0.56 +1.60 -2.27

Saturday

25.56 25.04 28.32 27.27

Week AZO .ccccoscesccccccce Month Ag0 ...ccoscoscscccce. Year Ago .. High, 1940, 82.67; low, 22. 18,

®see0s0sec0scsce

A High, 1939, 85.90; low, 24.14.

# 15 UTILITIES

Week AZO co.cocccccsssecons

3% Month AZO cccvcocccsccsssse

Year Ago ..... High, 1940, 26.45; low, 18.03.

sees geese

ij, | High, 1939, 27.10; low, 20.71.

s | Harb-Walk ..

Net High Low Close Change

. 22 22 —1 Hayes Mfg . 2% 27% Hecker Prod .. 8% 8% Helme y

Herc Mo

udson Motor

Hupp Motor ... 11-16

nspiratn Cop.. RT

ean

T&T [nt T&T For..

Island Cr Coal. 26% 26 42 2

Ya | Jewel

—-

8 Poo 2 E Proms Stl Car .. ter & G .

Johns-Man 53% Jones & Lg 7 pf 61% 80% —K—

Kelsey-Hayes A. 12% Kendall pf Kennecott Kresgee Kroger G&B ..

53% 61a 11% 90 27% 22 28%

11% 27% 1% L 28% 28% ES 6812

6% 13% 102%

Laclede G .... oS W3%

|Leh Leh V

f ,-O-F Glass

Lou & Nash ...

Mack Tr Macy Sa

Magm Manati Sug ... Marine Mid ... Marshall Fld .. 11 Martin (Glenn) Martin Pony: May DS ..... Maytag .. McCrory .. McGraw. El Molntyre * Pore. McKeesport .. McKess & Rob

i Miami Cop .... 7% Mident Pet 14 Midland Stl of ue . 4

3% 1

Motor Prod Murphy Murphy ot oe

Nash Rety. veces 4% Nat Acme ..... 18% Aviation .. 10% Biscuit .... 19 Cash Reg.. 11%

Dairy ry 133 Dairy pf B. 108% Distillers .. 19% os %

—- BI ert at rd 2 +2,

bs ibs

ee 4 "es 12% L ‘pf 3 St

BI 60 DIDI = = iba S¢ =

Ohio Oil .. Omnibus ....

et 8 Owens 11 Glass 47 —P— Pac Am Fish .. 53% 2%

0 11% Beit rd 3% Pan Am Airwys 14% Panhandle ... Paraffine Co . Paramt Pict .. Para Pic 2 pf.. Parke Davis .e Utah .

Peoples Gas ... Pere Mat BE pf 28% ere r Pet Cor g 2 » 6%

ire Bites. str Pitts

& Wva

. 11% 1%

9% Proc . 591, Proct & G ot. Ast Pub Serv ..

ed as

5 115% 36 105% 2 67%

[HHH HE + a

7% 6%

53 2%

ih ight TY 7

1 17% 91

de open =

Fone

. -3

4+: ++: HEE HEL

[+1 +++

V2 | ya-Caro Ch ig Va EloP 6 of. ‘1131

Warner Bros ..

Zenith Rad .... + v

“1, price index of 30 basic

5 Saturday ......

2 pared with a

“)

Net High Low Close Change . 1% 37 v; rox ‘Guil’P Prod. 3 % I Fex 3% + 5% [ex Bc Ho.

ex Pac 'L Ts . hateher .

hird “Av Ry.. 2 hompson Be ve +38

RD Ax Pee 3 EE

s Corp..

163 CO BI NI OB 4 C0

Id DHE HEE

3-H har J 82

FIER

«IN 03 ob

SERRE EE

. [oN .

WEN SEES SE

Les

+ HEE LH +

= 238 Sone wna Foie! Nae aia si:

DH eg =o:

QHD N WO + nN a nN

Yadseo Sales .. 3% Tees 13% 324

—_—W—

2 i 1% 7

Walker (H) ... 20 Walworth ..... 3%

. Ne We HN x)

DN D a mea

ite Sew Willys Overland 2% Willys Ov of ... Wilson & Co .. Wilson pf Woolworth .... 32% Worthington ... 18%

si Ws

122 12 . 812 8}

2 “en 32 16 16% T ns

11% 11

42 120d rE At bb =

32% 18%2

-l &

‘%

1% + %

Government Bonds U.S. GOVERNMENT BONDS 1947-43 Sloe

. esesssses siese00as Lesessssnes cseve0an

Federal Farm Mosigage Bonds

Close 104.2

nen Low 1947-42 1104.2 104.2 Home Owners Loan Bonds High Low Close

1952-44 . . 107 10 107 101.20 101.20 101.20

1947-45

DAILY PRICE INDEX

NEW YORK, June 24 (U. P.).— Dun & Bradstreet’s daily weighted commodities, compiled for the United Press (19301932 average equals 100): ceseenevsveses 117.03 Week AZO ...cccoeesssssesss 115.84 Month AZ0 cceccevesssccsses 116.59 Year ABO .....cccie00s000000 105.03 21940 High (Jan. 2) ...eeeee.. 123.34 2/1940 Low (June 5) .......... 114.76

U. S. STATEMENT

WASHINGTON, June 24 (U. P.).—Government expenses and receipts for the current fiscal year through June 21, comear ago: > s Year

a Last Year Bepelises ..$9,401 G51. 67.79 $9, ,590.

005,

Sm TTY Yat

FINAL NeW TORR STOCKS

| Lo»

Seeks Revision

‘Rep. Raymond S. Springer . . . “How can the American farmer expect to break even?”

:[PORKER PRICES

RISE 15 GENTS

Buyers Compete Actively For Supply of 10,321 Hogs Here.

Hog prices rose 15 cents at Indianapolis today as practically all buying interests competed actively for the supply of 10,321 head, the Agricultural Marketing Service reported. Prices reached $5.45 in instances but most sales were downward from $540 which was the practical top paid for 200 to 230-pound averages. Bulk sales of good and choice 160 to 230-pound averages were made

% [from $5.20 to $5.40 with 230 to 260-

pound weights, $5.25 to-$5.35. Butchers from 260 to 300 pounds cashed at $5.10 to $5.20 and 300 to 400pounders $4.80 to $5. A generous offerings of underweights below 160 pounds sold mostly from $3.40 to $4.40 according to weight and condition. Packing sows were steady to 10 cents higher within a spread of $4 to $4.75. Steers and yearlings were scarce in one of the lightest Monday runs in nearly two years. Prices were fully 25 cents higher with heifers steady to 25 cents higher. Cows were. steady and sausage bulls fully steady to strong. Vealers were steady to 50 cents lower with a $9 practical top.

June 18 ...$ 9 ... 2 ...

Top 5. 10 5.20 5 20

Repts. 9611

0 10,321

Repts.| Sune 12,317]. 21 ....$ 8407

22 «een 9800| 24 ....

Top 5.35 5.25 5.45 Barrows and Gilt Packing Bows 270- 340 $ .25| 300- 330. Ff 5.30; 330- 360. 4.505.35|Good— 5.40| 360- 400. 4.355.45] 400- 450. 4.355.40| 450- 500. 4.20- 4.25 5.25|Medium— 5.10{ 250- 500 4,10- 4.25 4.95 Slaughter Pigs 90- 120. 3.85- 4.35 5.15 & Vealers (Receipts, 778)

Bulls (Yearlings e 5|Good $6

- 4. 4.75 4.65

4.60 4.50

160- 200. Slaughter Cattle

$ 9.75-10. 3 9.75-10.7 10.00-11. 0% 10.00-11.00 c 3 00- 9.75 9.25- 9.75 9.25-10.00

8.26- 9.25

1100-1200. 1300-1500. Good— 750- 900. 1100-1300. 1300-1500. Medium— 1100-1300. 8.25- 9.25 Common— Cull

750-1100. 7.00- 8.25 hoSioers Heifers

oice—-

5,787, 35.29 5,585,153, ) 3,420.8

1 7 32. ) 888,232.50 3,365,274.30 2915.4 :

3,856. 24.83

156 Customs . 339 1382.44

INDIANAPOLIS CLEARING HOUSE

Clearings ... ... $2,728 Debits ... 6,075,000

NEW YORK, June 24 (U. P.).—Following. are noon spot i: on major cure

I! Rates Net Che England din” cesses $3. 2 —.01%2

5 {do ver 4B taly (li asseeve. 4050300 Finland ar rkka) . .0205 Switzerland (franc) ° ess 42361 Sweden .2388 2346

Japan

—.0000 i +.0001

srevc sess .

5 Mexico hah)

FOOD PRICES

CHICAGO, June 24 (U _P.).—Sweet Pot , Tennessee, bu., oil; [email protected]. Celery— [email protected]. Tomatoes— @1 60. Spinach—Illinois, Cauliflower California, Carrots—California, crates, [email protected]. To crates, $3.50 @3.90. Onion Market (50-1b. sacks) Sraas Yellows, $1.90; California 42 lows, [email protected]; Texas White Wax, $2.2

Corn and Wheat Region Official Weather

==June 24, 1940 recipi- State of Station i Low ret: Weather Notre Dame .... 63 .60 Clo Angola .......s Wheatfield Yichesier

Mea. Cambri

Rain

Cloudy Cloudy Cloudy

Vincennes Ft. Wayne ..... Indianapolis ....

Cloudy Cloudy

OTHER LIVESTOCK

CINCINNATI, June 24 (U. —Hogs— Salable, 3500; total, 3675: fairly active, gnerally stead gy: has $5.50: 250-300 ibs. 5.35: $ @3.60; good packng, ows. 33% re: Saiant. ‘900; total, 1225. Calves—| } 450." i on all grades and kinds: and choice dry-: fed ‘heifers, $9.25@10: heifers Jacking wnward to_ $8.50; grassy Jishiw To A as low as 6.50; 1325-10,

Washington

$4.75@6: strong weig : gi .25: yealers. $8@9; medium escriptions, wn. Sheep sio: active and Renerally Ss steady: £004 to choice spring lambs, 11: ommon oe medium grades, $7 SauRhter ewes, $2@3: choice Tizhtweights eligible higher.

LAFAYETTE, Ind., June 24 w. Hog Maret 15¢ higher; 160-200 lbs, 5.05; 200- 260 1bs., [email protected]; 260-335 1

Fol 75 @ $4. 4505. 05: pigs, $4.25 oy

1bs.,

,000 Medium:

FOREIGN EXCHANGE co

udy | yearlings,

hens; 7c; Barred an

a0 50; |

9. 25-10. 25 9.25-10.00

8.00- 9.25 8.00- 9.25 9.50-11.00{ § 7.75- 8.50

= 500- 9 7.00- 8.00 8.75 ii Calves ¢ {Stetrs) 00d a 7.75 8.75 509 down’ 16.6511.50 6.50- 7.75 ows 7.00- 7.50

Medium: 6.25- 7.00

Cho 500- 800.. 800-1050. .

HP 750. 9. 50-10. 50 Good— 750- 900. 8.75- 9.50

Heifers - Choice— ox 900.

00d— 750- 900. 500- 900. Common—

500- 900. 500 down. 8.75-10.25

2X Calves (Heifers)

500 ‘down. 9.25-11.50 500 down. 8.75- 9.25

IMedium— 4.00- 5.00] 50( down. 7.50- 9.00 SHEEP AND LAMBS (Receipts, 537) Lambs (spring)

Good and choice Medium and good Common

7.50- 8.50

"Ewes (wooled)

Good and choice Common and medium...

CHICAGO LIVESTOCK

Hogs—Receipts, 14,000; packing sows mostly 5@10 cents higher; instanc up more; lighter weights slow; out Sicady ady; good to choice 180-270 1bs., =» 29 5.40; Tort $5.40; 270-360 1b. De [email protected]; good 300-360 lbs. sows, $4.55@ 4.10; 360-500 1b. weights largely $4.15@ 4.50; big weights $4.10 downwar Cattle—Receipts, 14,000; oalves—1200; medium to good shade higher; average good and choice offerings fully steady; all interests in markets; fed heifers mostly steady; other killing classes showing very little change; largely steer and heifer run but cow crop laf er than a week ago; very active steer yearling trade at $9.75 down to $8.25 a below; common kinds very scarce; liberal supply giles good and choice cattle all weights at Lg [email protected]; early top, $11; some ol ; best long $10. 65; Lg $10.50; heifers, $9.75; mixe earls $10: more grassy hotfors in crop selling $8.75 down; cows steady; canners and cutters mostly $5@6; only very Signy kinds under $4.50; practical top weighty Sausage bujis $7.15; vealers, [email protected]; stock cattle steady. She ep—Receipts, 4000; active trade on all nes, strong! 10 loads Idaho spring lambs sold early $10.50 sorted 10 per cent; ome $9; load shorn Western yearlings, $7.50: most good native springers early, [email protected]; outs, $9 and below; jew good handyweight native ewes, [email protected]

LOCAL PRODUCE

ypieevy breed hens, lic; bareback hens, 10c; Leghorn hens, 8c; bareback Leghorn d White Rock spring-

2.00- 2.50

ers, 2% lbs. and over, 15c; other colored heavy breed springers, 2% lbs. and over, c; Leghorn springers, 1} lbs. and over, isc: bareback springers, 11c; old roosters,

*No. 1 strictly fresh country-run S328: 11c: (each full case must weigh gross; a net deduction of 18¢ Jor on full case under es 1bs. ul ill be m Butter— 29@29%5c Fo. 2, 21@ 27%c; butterfat, No. 1, 23c¢; No. 2, 2lc. (Country pickup prices quoted by the Wadley Co.)

180 lbs. up and | July

grade steers strong to (July

1 January ....

"SPRINGER URGES RETURN TO HIGH TARIFF BARRIER

Hoosier Congressman Asks Huli Treaties Be Discarded.

Times Special

WASHINGTON, June 24. — Hes toration of the Hawley- -Smoot type of high tariff wall and abandonment of the Hull reciprocal trade agreements was offered as a remedy for American agriculture today by Rep. Raymond S. Springer (R. Ind.). Writing in the Congressional Record, Rep. Springer presented figures to show a rise in imports of. agricultural products from 1933 to 1939 and asserted: “In the past seven years the Administration, which went into power with the promise to protect the American farmer’s market, has negotiated 22 trade agreements with foreign nations and brought about the reduction of tariff duties on 163 competitive farm products. “Such action could guarantee only one thing—the glutting of American markets with inferior products produced under low standards of living in foreign countries, and the resultant depression of domestic prices. | “In that period, United States farm exports declined 9.2 per cent and competitive farm imports increased 30 per cent. “How, in the face of a continued loss, can the [American farmer expect to break even, much less be able to contribute to the prosperity of the country through purchase of the things he cannot bring out of the soil? “With continued loss of profit and an ever-mounting burden of taxation, is it any wonder that the American farmer is discouraged and no little disturbed about the promises which have been made him in the past? “The situation centers about one fact: He has been ‘sold down the river’ by the New Deal Administration, which in the past seven years has failed, to recall the splendid planks of a political platform which swept’ that | Administration into power in 1932.”

CORN CLOSES LOWER IN CHICAGO TRADE

CHICAGO, June 24 (U. P.). Wheat futures developed a some-

the Chicago Board of Trade today, moving fractionally above previous closing levels in moderate action. Corn took an independently easier turn. —Wheat closed off % to up % cent after losing a small fraction, July 19% @3%. Corn was down % to 1% cents, July 61%; oats 3% to 1 cent lower, July 317%, and rye unchanged to 14 cent higher,.July 423%, asked. Soy beans Closed off % to up % cent, July 80%, bid. An early dip in wheat carried prices off nearly a cent before light buying, some of which was credited to mills, arrested the downturn. The rally was extended during the sec-

0 od hour when buying believed to

represent short covering operations

day's lows. Early weakness was partly in sypmathy with an inde-

neapolis. Hedging continued light. Kansas City wheat followed the trend at Chicago while Minneapolis was more resistent to constructive movement. Winnipeg prices held around steady most of the session. Week-end and overnight foreign demand for North American grains was light.

RANGE

"High Low iio December 817 .80 July

December ..

93 "60% [58%

61% .60 .58 32%

430 130%

317% 29% 30%

July ve Sopvember ‘ December

427g 44%

September N .. 146%

December Soy Beans— 802

October .... December ..

5.17 September oe ober oe December’ re

6.25

LOCAL GRAIN

CASH

receipts, 2 carloads; No Bd, 13 ha No. 2 red, Ere Ry 11% @18%2c: No. 2 har 1812 Gc

g orn— iy Loire. 3, 35 caripags: yellow, 591 Sgn ly sek gsaice:

Whea Steady:

57 % a white, g ypder,

2C: 0. 8@sc over Ie mixed, %@ Oats—Easy: receipts, 2 carloads: N white. 3133c: No. 3 white. 30@3lc.

WAGON WHEAT

Indianapolis grain elevators are payin or No. 1 at, 75c, subject to marke ghenge) other grades on their merits. Cash

yellow, shelled oh shelled,

67c; No. 2 while oats. We. Incorporations

Showers Brothers Co., Inc., Bloomington; amendment increasing number of directors from five to Grant Theater Cor E. Sycamore, Xokomo; agent," S. . Neall, same address; "1000 shares No par vaiue; operate theaters and other amusement enterFisess | 5 W. Neall, oda M. Neall, Richard

Wenn ton Jotrace Apartments, Inc. Juss. 5 ral Ave., Indianapolis; agent, R. Moynahan, same address; SO no par value; own tad eperate real estate; William everin

Buschmann, Paul J. Deva

what firmer tone in late dealings on 1

carried prices 1% cents above the 1

pendently easier trend at Min- 1

TONIGHT 6:00—White, Melton, WIRE. 6:00—Andre Kostelanetz, WFBM. ~ 6:30—Margaret Speaks, WFBM. TOMORROW 11:15—MTrs. Roosevelt, WLW.

The highlight of the evening's programs will be the keynote speech by Governor Harold E. Stassen of Minnesota at the Republican Convention at 8 o’clock. The speech will be carried by both WIRE and WFBM. NBC-Red will carry a regular 10 o'clock nightly convention news roundup throughout the week and Earl Godwin will be heard at 5 p. m. today on the ssame network in a description of the convention setting. Mutual (probably WGN) will broadcast with Ruth deYoung Kohler, Chicago newspaperwoman, at 9:30 a. m. tomorrow, 10:15 and 11. Kate Smith, at 10 a. m. each morning, CBS-WFBM, will broadcast from Philadelphia in order to present on-the-spot developments. She will handle the Democratic Convention starting July, 15 the same way. : 2 8 2 The 30-day race meeting at Arlington Park opens today and WIND will broadcast from the track at about 3:30 p. m. daily. Some of the larger stake races to be aired include the 3 Arlington Classic, the Stars and Stripes, the Arlington Futurity and the Inaugural Handicap. ” ” 2 The Radio Theater, at 8 o’clock tonight, CBS-WFBM, will do “Show Boat,” with Irene Dunne and Allan

"PAGE 9

ON THE RADIO

Andre Kostelanetz and the orchestra will play the tunes tonight for which they have had the most re=quests during the last year, Among the favorites are “Do I Love You,” “All the Things You Are,” “Lilacs in ; the Rain,” “Too Romantic” and “God Bless America.” . . . Alec Templeton is now vacationing. The program will move to 8:30 p. m. Fridays, presenting “Quiz Kids.”

” 8 os Artie Shaw, who takes over the musical chores in the new Burns and Allen show starting next Monday, said recently he wanted to

forget the incident leading up to his “retirement” last year. “How I felt last year and how I feel this year are two different things,” he says. He won't say what kind of music he intends to play, except to declare he is going to play it “as close to the way 1 want to play it as possible.” His new band will be larger, about 22 pieces, and will not include, he says, phe men in his other band, which’ has now been taken over in great part by Tony Pastor.

8 » 2

The Chicago Philharmonic Orchestra’s program from Grant Park at 8 o'clock tonight, WIND, will include Tschaikowsky’s “Romeo and Juliet.” The director is Richard Czerwonky. . . . The Coolidge Quartet commences a series of Monday concerts at 5:30 p. m., NBC-Blue, from the music auditorium at the Library of Congress. 2 ” »

Prof. John T. Frederick will review “Forty Years a |Country Preacher,” by the Rev. George B.

Jones doing the vocal honors. . . . # #

(The Indianapolis Times f(s

Gilbert, at 2 p. m. tomorrow, CBS. 8 8 8 !

THIS EVENING

not responsible for inaccuracies in program an nouncements caused by station changes after press time.) urosy 4

INDIANAPOLIS WFBM 1230 (CBS Net.) Waltz Time

(NBC-MBS)

Dinning lenn Garr Home Edition Young Men

Dessa B

World Today

Robert Hutsell Freddie Miller Syncopators . Dick Reed News Easy Aces

INDIANAPOLIS WIRE 1400

Sisters

vrd Youth Tells Story

CHICAGO WLS-WENR 870 (NBC Net.)

Rocky Gordon Gordon Gifford Irene Wicker Bud Le

CINCINNATI WLW_%00 (NBC-MBS)

Follies |

Kirby & White Jan Thomas

Air You vitation Youths “fells Story ‘Baker a Denton Don Winslow

John Brown Peter Grant

Tune-up , Time

Restyled Rhythm Firestone ” ” ” ”»

Telephone Hour ” »

Unannounced ‘Homes on the Land’ True or False

Telephone Hour Firestone ”» ”

Radio Theater

Dr. L Q Grant Park ” ”

Republican Conv. » ” f

” ”»

Amos and Andy Lanny

oe Pleasure Time Model Minstrels

Dick Reed ‘Baseball

358536878

” ”» ”» »

News Leighton Noble Baseball Henry King

Larry Clinton :

ot Se tt ou

Xavier Cugat - » “ Zeke Manners

Republican Conv. » ”

Music You Want

News Jose Manzanares T. R. Ybarra Paul Martin

Republican Conv,

10 Clock Final

Dr. L Q, Unannounced

Contented Hour Sensations. Swing

” ”»

Pleasure Time Jones

”» ” Dance Music Peter Grant Ww. A. Hessler Etzi Cov: Schnickelfrits

Deke Moffitt Moon Riyer

Clyde Lucas

Musio You Want Bd

Deke Moffitt Carl Ravazza ”» ”»

TUESDAY PROGRAMS

INDIANAPOLIS WFBM 1230 (NBC Net.) Early Birds

(NBC-MBS) Dawn Patrol

o> wo 3S

> |e

News

iy Kelly Myri & Marge Hilltop House Stepmother

Marv Lee Tavlor Dav Life Segin os

Big Jenny's SF rories Guiding Light Linda’

Kate Smith Girl Maries Song Kitty Reco

Hits & Bits ‘Farm Circle

Basonology News C

d Harum Road of Life

SO | C9

SED POV CEES Mla

=D me | on C0 bt

Ir Soh pt

Air

Singin’ Sam

Women in Farm Hour

Markers, Farm Hour Reporter Dick Reed

Mary Marlin Ma Perkins Pepper Touus Vie & Sad

Dr. Malone Floto Wiley etcher My Son I

Society Gin Ho yw

Chnatian Science

Men & Books Tropic Times Dale Evans Melody Matinee

Kathleen Norris . Golden Store My Children Scattergood

Dixie Songsters Michael Loring Joyce Jordan World Today:

Stella Dallas Lorenzo Jones Widder Brown

Girl Alone Beautiful Life City Today O’Neills

Home Edition Brass Hats

WEE [5986500 | 10800510 | maint 853 5353 6S &

INDIANAPOLIS WIRE 1400

Market Report§ \ Symphony Dawn Patron / J Breakfast Jam

Man I Married ws Midstream, Iph + Wi en Randolp! Kathleen Norris Be i

Against Storm |

s Love Editor's Daughter Jit tche en

Woman of Courage in News

weather Backstage Tis

Leighton Noble ”» ”

CINCINNATI WLW 700 (NBC-MBS)

aes, Millie. Dollie Boone County Time to Shine News Lone ‘Journey Portia Blake Ha iness Midstrea

Ellen Randolph Kathleen Norris

Linda's Love

INDIANAPOLIS WIBC 1050 Devotional

Memory ale” Music M Richard 11 Bent olk Guiding Light.

Friendly, , House oman in White 1s

Community Hall Qoldhery Castletime Editor's. ‘Daughter

Noonday Syiinns Julia Blake Bill Jon Mrs. Patol ot Bands Boy Greets Girl

Ranch Boys Light of World Novatim Grimm's Daughter Sunshine, Melodies Valiant Lady Church Hymns

Mary Marlin Ma Perkins Pepper Young Vie & Sade

Backstage Wife Stella Dallas Painted Dreams Kitty Keene

Man I Married Beautiful Lite

iss Julia Elizabeth Bemis Cotton Queen

Kirby & & White Lowell Thomas

Musicale . Capitol City Piano Moods

Serenade Concert Hour

Capitol City Request Time

. Around Town ”» ”

” ”»

KEY NETWORK STATIONS (Subject to change): MUTUAL—WOR, 710; WHK, 1390; WHKGC, 640; CKLW, 1030; WSM, 850. NBC-BLUE—WJZ. 760; WOWO. 1160; WLS-WENR, 870; KWK, 1350. NBC-RED—WEATF, 660; WTAM, 1070; WWJ, 920; WMAQ, 670. CBS—WABGC, 860; WJR, 750; WHAS, 820; KMOX, 1090; WBBM, 770.

Our Fapious First Quality Number 300

HOSIERY

Genuine Bingless REE Heel and Toe

MILLER-WOHL CO.

45 E. Wash. RI-2230

Ladies’

Games DAY SANDALS____59¢

KINNEY'S

138 E. WASHINGTON ST.

Make Woodworking Your Hobby. Use

DELTA MOTOR DRIVEN TOOLS Exclusively at VONNEGUT’S

120 E. Washington St.

ELINED en EPAIRED , EFITTED | Women's

LEON Z's ave

FUR COATS Largest Selection in the State

LETT HIB

29-31 East OHIO St.

OUTFITTERS TO ; MEN, WOMEN and CHILDREN

129 W. Wash, jpoisps neater

Is Ovposite Us % Exacting . .. AT LOWEST PRICES STANLEY JEWELRY CO. ~ WATCH REPAIRING

113 W. Wash. Lincoln Hotel Bldg.

VAI Ea t LEE CLOTHING COMPANY

131 W. Washington St. Directly Opposite Indiana Theater

Tough, $4.50

down. Calves, $8@9. Lambs, $9@10

YNE, Ind., June ig, P.).— ; 220-240 Ibs. oF i. 25; 200-220 2 80-200 1bs.,

MERCANTILE MORTGAGE COMPANY

| (GEC. J. EGENOLF MACHINIST fii Li-6212

FOR MORE THAN 46 YEARS

this Trust Com any has provided -a financial service which conveniently fits -into the every day plans of the individual. Through the wise and timely use of this service, many Indianapoiis individuals ad families today enjoy better health and comfort as well as increased financial security and happiness.

“THE UNION TRUST COMPANY

Capital and Surplus $3,000,000.00

On On Everything! : Diamonds, Watches, Autos, Cameras, Clothing, Shotguns, Ete.

Oldest Loan The CHER AG JEWELRY

2 CO., INC. HINGTON | ST.

aE Es

907 ELECTRIC BUILDING

FLEE H+

1bs., os

S., 3 +X ugha, $4; stags, $2.75; calves,

.15. $. 50; lambs, $10.

. “oe . “oe

WISHES TO ANNOUNCE ITS APPOINTMENT AS

. . . .

FOR PROMPT SATISFACTORY CLEANING SERVICE Just Call BE. 4100

Wn. M. LEONARD, Inc.

2119 W. Washington St.

LEAVES PAN AMERICAN

NEW YORK, June 24 (U. P.).— Stokeley W. Morgan, associated with Pan American Airways since 1932, today joined the New York Stock Exchange firm of G. H. Walker & Co.

Fa ry

SAXOPHONE 4 Instruction

INDIANA MUSIC CO. 115 E. Ohio St. Lh 4088

Per Lesson

MORTGAGE LOAN CORRESPONDENT

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FOR INDIANAPOLIS AND ENVIRONS

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COLI DI =a

FOR THE

NEW YORK LIFE INSURANCE COMPANY

WHILE THE REST OF

THE TOWN SLEEPS HAAG'S ALL-NIGHT DRUG STORE

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