Indianapolis Times, Volume 41, Number 233, Indianapolis, Marion County, 7 February 1930 — Page 21

FEB. 7, 1930.

STOCK SHARES STRONGER AFTER EARLY SLUMP Railroads, Coppers Lead List Following Period of Selling.

Average Stock Prices

Average of 'hlr’v industrial* for Thursday was 268.58. cff 8.80. Average nl twenty rails -.>3'- 151.07. of! .13. V. prag" of ’ was 93.62. oif .39. Average of forty bond.'. vas 93.92. up .10. Bu t mt'd Pn ** NEW YORK. Feb. 7.—Railroad shares and coppers t urned the trend of the stock market upward today after another early period of profittaking. Business slumped off sharply on the Stock Exchange when the selling was m progres •> and picked up when the turn came. Rails gained from a point to 10 points, the best, advance in Canadian Pacific, which touched 212 shortly before noon. Anaconda led its group with a rise of nearly 2 points. American Can was the outstanding fea'.ure of the industrials, rising to anew high for the ysar at 136'i. up 4'* points. United States Steel moved up a point above the previous close and other industrials followed it and American Can. Continental Can rose more than 2 points; Eastman Kodak 2; Genera! Electric fractionally: Stone & Webster 4'% Gillette 3' .; Congress Cigar 2%; Fox %; Warner Brother-. 1 and Texas Gulf Sulphur 1%. The entire copper group improved on the belief that the 18-cent level for the metal would be retained. Shorts were forced to cover in Anaconda. Nevada. Inspiration. American Smelting and other ’'sues. Canadian Pacific continued to move tip sharply and other rails followed. Gains of a point were made by New York Central and Alleghany Corporation, and the whole list presented a strong front, buoying up market sentiment. Unsettlement of the early trading was caused by continuation of Thursday’s selling. All the news of the day was good news, but it had been expected and hence discounted. Bears lost one of their favorites today when Gillette turned about and forced the shorts to cover. The turn in this stock, which had been depressed about fourteen points in the last few days, came after a reassuring statement by J. E. Aldred, chairman of the Gillette board.

In the Stock Market

'Bv Thomson & McKinnon> NEW YORK, Feb. 7.—Although the lowering of the New York bank rate hardly comes as a surprise, the assumption that the recent markets have been anticipating and discounting such a development doesn’t appear logical. Skeptics who are apparently unwilling to realize the extent of the trade improvement since the first of the year probably will minimize the importance of this further ease in the world’s money rates, and its effect upon business. Already the steel industry shows a 50 per cent improvement over the month of December, with every indication that production will be further increased during the month of February. Similar glowing reports come from the copper industry, with one of the leading factors in the trade on record that the present price of copper will not be shaded. We can hardly find fault with the annual report of General Motors, bearing in mind that the stock is now selling substantially below ten times last year’s earnings. Another favorable factor, paradoxical as it may sound, is the increase in brokers loans. In this we have indications that the investing public is regaining its confidence and is gradually increasing its holdings of securities. Considering the rumors that were current Thursday, the market’s behavior was exceptionally good and we are inclined to look for a renewal of the advance today.

Investment Trusts

—Feb. 6 Bid Asked. American Founders, new 26'; 27'j Basic Industry Shares 8 ■ 9'i Corporate Trust Shares 9 9V Fixed Trust Shares A IST ... Fixed Trust Snares B 11 T ll’s Investment Trust of N Y.... ll' 11" leaders of Industry 11V 12 N. American Trust Shares .. 9 1 . 9 7 s Petroleum Tradine Corn A 20 25 Kevbarr. Cos 10 20 S W Strauss Inv Cn Dnits. 52 58 Trustee Std Oil Share 11 ll a V S Elec Lt A Pwr Sh. A 40 _43

nttlry Jewelry Store” Offers 40NO SPECIALS Nationally Advertised Jewelry <s2ieo too. Diamond*. Jewelry and all nationally known y r f \nc. w;i*ches —Hamilton. I Igin. Illinois*. Itrnraand Buluoi. Also 1547 Roger* Hros. stiver- ___ piste. Sold at standard advertised rash Jj* W Xj El 4CI price on convenient credit term* as low a* ___ Ivrftl fl per week. 113 West Washington Street HOTEL BLDG.

New York Stocks ~~ 'Bv Thomson Ac McKinnon I ————

Railroad*— Prey. High. Low. 12:00 c.ose. Atchison .. 237 237 2373a 237 All Coast Line.. .. ... ... 16P Bail Ac Ohio. . .117*. 117 117 U',% Canadian P. c . 205 . 202 * 205'.a 202 Chrsa A- Ohio 224 224% Cnsa Corp. . . 72% 72’,. 72% 72% Ch: Ac N West 86% Chi Grt West... . ... 15 15% C K llt P US'* lil'i Del Ac Hudson.. 175% i.s' 175’./ 174% ••*1 Ac Lacka....l4C 145 1454 143 trie 624 60'. S2U C’ or.- ls> pfd 644 6* M 634 ort Nor 984 88 98 4 98% XI! Central 128 4 129 4 Lehigh Valley.. .. ... Kan City Bouth ... 79'j Lou ft Nash 133 Mo Par . . 364 89 M K ft T 544 544 54 4 534 Mo Par pfd ... ••• ISo'-a N Y Cen’val 184' > 183 % 184% 1834 N' Y N K Sc H. . 14 2 1414 1144 1144 Nor Pacific *8 Norfolk A: West 247 243 24. 245 o fc w ... ... I*; 2 Pennsy.vania 80'. 80 4 80'-. 62% Reat In* ’4'.% 138 i '39-; KB/a Seabd Air L ... 28 27 28 23 Southern Tv ]33 134 Sou'hern PBC ■, 1-3 122 St Paul 25 25 4 25 4 25 4 St, Paul c'd... 454 44.. 454 44% St t ft B P V>st Maryland.. 27% 2i4 274 2. Wabash West Pac Rubbers— „ 'r* "3% 34 Goodrich il-f Goodyear '4* ‘l,* Kelly-Spgfld 4 J • United" Stales*.. 254 HV* 25 4- 24-, Equipments— „„ 0 t Am Car Ac Fdy.. 80 i9 - > 9 A Am Locomotive.. . . Am Steel Fd. .. 49 4 49 4 49 4 48 Am Air Brake Sh O-n m ife 774 *754 4 gtf O-n Am S Tank. TOT’.* 105 4 1074 107 * N Y A)r Brake ,33;. Pressed Stl Car i,. r. u rme: . . 844 844 344 34 / Wes'iugh Air B 45 4 454 45 5 .15, Westingh Elec ..160 162'2 160 164 * i§* ’f- $• Gulf States Stl 03 Inland Steel ••• ••• 351,^ H’P Tron Ac Stl.. .. L 4 .* 41 \' Lndlum 4 l’ *)* iouns. i oti• • -• c n go 1 * Var icllum Corp. 63% 63 a 63 63 2 ■•n Bosch Mag 484 454 48 43 < Brine.'. 164 164 164 16 a arockway Mot . • •• 4I Chrysler Corp .. 40 4 40 40.2 Eaton Axle • ■ini' 1 fiiVo 1 0 3 1 Graham Paige.. 104 10,4 4 s >° 3 * Bore Warner ... 40 4 40% 40/4 a Gabriel Snubbrs. .. ••• ‘ . 4 General Motors. 44 4 43 4 44 44 Elec Stor Bat.. •• •••. ... Hudson 594 08V2 59 4 584 Haves Bod Corp ° 8 '* Hupp ••• M.'.ck rn Trucir*s .. 82 814 82 81 ?S ™ % Gardner Motor Wheel jj,, Packard* .* 164 164 184 84 Peerless 12 1 12U 12 2 **,? Pierce Arrow .. .. •• • •••., Studs baker Cor. 46 4 48 * ? 4 §- Stew Warner .. 41f. 414 414 42 Timken Bear ... 754 74_. ’ < 2 Willvs Overland. 10 3 . 104 10 2 |0 a Yellow Coach .. 184 184 18 4 18-4 White Motor ia 2 03 Am Smelt At Rfg 76 754 704 16 a Am Metals 50 49'a 49 4 50 4 Am Zinc 16 154 16 IS Anaconda Cop.. 79 !/ 2 7< b .9 2 <8 * Calumet & Aria . ... ? Calumet. & Hecla 31V2 -1 31 2 21 /a Cerro de Pasco 52,, Andes - it-, Granby Corp 56 K “2 V 2 nispnaflon' Cop. 304 294 294 30 Howe Sound ... 414 404 40 s . 414 Int Nickel 294 294 294 394 Kennecott Cop.. 61 60 4 60 a 60 B Magma Cop 50 so Miami Copper .. .. 33 Nev Cons 31 aO4 30/4 30 4 Texas Cul Sul.. 64V* 6 2 7 a 64.4 St Joe 33 * U S Smelt . , ... . 344 34 ,♦ Atlantic Rfg ... SP’a 38 3 n 38,a 38 2 Barnsdall 'Ai .. .... ••• “J,, Freeport Texas . 41 ',8 41V4 /8 lio 8 Houston Oil .... 66 GC4 66 ■. 6, Indp Oil & Gas .. ... 21,a Confl Oil 224 22 22 4 22 Mid-Cont Petrol 26 26 26 25,u: Lcyo Oil At Tr.. 224 22 22Vs ... Pan-Am Pete B. 54 54 54 ... Phillips Petrol.. 33 4 33 4 33 4 33 4 Prairie Oil .. 51 2 Union of Cal ... 60 4 60 4 60/* 43,a Pure Oil 234 23 , 234 234 Roval Dutch ... 524 524 524 52>/2 Richfield 25’i 254 254 25 Shell 234 224 224 23 Simms Petrol 2o e Sinclair Oil .. 24 3 i 24 4 24Va 244 Skellv Oil ... ..... 314 Sid Oil Cal 604 bP4 604 604 Std Oil N J 634 624 624 634 Std Oil N Y .... 324 324 324 324 Tidewater 11 • U’ H’j 12 Texas Corp .... 53 4 53 4 53 4 554 Texas C Ac O ... ■ ■ §4 Transcontl .... 8 5 l 84 8 5 * 8 * White Facie ... 27'a 274 27*i 27% Indnstrials— Adv Rumlev .... 60 4 594 60 184 Allis Chalmers.. 60% 594 60 604 Allied Chemical. 273 276 278 2784 A M Byers ... . 834 32 834 624 Armour A 64 64 64 64 Amer Can 1354 1324 1354 132 AUeghancy Corp 304 29 3 4 304 30 Am Safety Ra?.. .. ••• , ••• 62 Am lee 364, 35 4 35 4 364 Am Wool 124 12% 12Vi 124 Assd Dry Goods. . ... ... 344 Bon Alum ... . 544 544 54% 53** Coco Cola . . ... ... 145 Conti Can 574 574 57% 58 Certainteed 15 15 15 15 Congoleiim .... 174 174 174 174 Curtiss W 74 7V* 74 7% Davidson Chem 344- 34 4 34 4 34 4 Du Pont 3294 327 128 1284 Famous Players. 64 631* 634 04% Qen Asphalt ... 55 4 55 % 554 55 Fox A 38% 364 37 % 37 Vi Gold Dust ..... 45 4 454 454 454 Glldden 354 35% 354 354 Int Harvester ... 834 884 88% 88% Kelvinator 103 103 103 103 Vi Link Belt 41 41 41 Loews 624 624 624 634 Mav Store ..s. . .. ... ... 58 Kolster 24 24 24 2% Montgom Ward. 46% 45 45% 454 Nat! C R 80% 79% 80% 804 Radio Keith ... 30 29 4 30 294 Owens Bottle .... ... ... 60 Radio Corp 38 4 37 % 38% .374 Real Silk 55 54 4 55 55 4 Rem Rand .... 35% 344 34% 35 Sears-Roebuck. 96 4 94 4 95 964 Union Carbide .. 89% 89 4 89 % 90 Warner Bros. .. 57% 57 57 4 57 Un Air Craft 46% 454 46% 464 Univ Pipe ... ... 4’ USCs Ir Pipe . 274 26% 27% 274 XT S Indus Alco 120% 1194 120 1184 Worthington Pu 85 85 84 85 Woolworth Cos.. 664 664 664 67 Utilities— Am Te! & Te1..229Vi 228 228% 229% Am Pr ft It 92 90% 92 914 Fine Pub Serv.. 494 484 494 474 Am For Power.. 964 84 964 95% Am Wat Wks.. P 9 4 98 99 98% Gen Pub Serv.. 40 4 -0 4040 4 Col G Ac E 894 884 894 88 Consol Gas 112% 11! 112% 113 Elec Pow A- Lt.. 60% 60% 60% 60%, Tnt T & T 65 4- 64 % 68 4 68 4 Nor Am Cos 1034 102 1024 102%

Pac Light , 84 84 84 84 Pub Serv N J.... 904 89% 89% 90 So Ca! Editor"... 614 614 614 614 Std Gas Ac El.. 120 1184 1194 1184 United Corp ... 33 4 27 4 384 37% Utilities Power. 35 35 35 35 United OAc Imp 38 4 38 38V 384 West Union Te 1.215 212 215 2124 Shipping— Am Inti Corp.. 424 414 42V* ... Am Ship Ac Com .. ..4 ... 24 Ati Gulf A: W 1 75% Inti Mer M pfd 26% United Fruit 101 Foods— Am Sug Rfg 65% Cudahv 46 46 46 45 4 California Pkg. . 69>4 62 69 694 Canada Dry 71 704 704 704 Corn Products.. 97 4 97 97 4 974 Cor,' Bak A 46 -6 46 464 Earden 664 65% 664 66% Cuban Am Sugar 6 4 Grard Union 16% Grand Union pfd .. ... ... 394 Jewel Tea ... ... 52 Kraf Cheese .. 40% 454 46% 45 Krogir 45*i 45 45 454 loose Wiies .... 61 60 4 61 62 Natl Biscuit 208 Natl Dairy .... 48 4 48 4 48 s 48% Purity Bak 82 4 814 82 4 81% Loft 44 44 44 44 Stand Brand... 28% 27 4 23 4 27% Tobaccos— Am Sumtra . .. 25% 25V* 25 4 25 Am Tob B 224 4 222’* 2244 224 4 Con Cigars 54V'2 General Cigar ... 55 Lie Ac MycM ...1064 1054 105% 106% Lorillard 22% 22 22% 224 R J Reynolds 54 4 53 % 544 5 4 Tob Prod B ..... 44 United Cigar St 6'a 64 6-s 6 Schulte Ret Strs 94 94 94 9% 7.000 CARS IS DAILY OUTPUT GF FORD FIRM Optimism Is Radiated by Auto World: Others Hike Production. ftu Viiil. 'l Pres* DETROIT, Feb. 7.—Spring production was the main topic of interest during a quiet week in the automotive world. Ford announced its January production of all models of cars totaled 98,529, of which half was produced in the last ten days of the month. A February schedule of 7,000 cars a day was decided upon, the announcement said. Graham Paige production for the month was 2,976 cars, of which 1,120 were built during the final week of the month. The company is far behind in its orders, and schedules will be increased this month. Olds to Increase Oldsmobile announced a substantial increase in the retail sales for the first ten days of January compared with the same period last year. D. S. Eddins, vice-president and general manager, predicted an excellent business year with an estimated market in 1930 for 3,000,000 or more automobiles. Automotive Topics was conservative in its estimate of the present sales situation. "‘The market is pretty solidly frozen in literally and figuratively,” the magazine said. ‘‘The shows for the most part are stimulating popular interest more than producing actual and immediate orders. Prices Are Stable Automotive industries declared that while prices have remained stable since the New’ York auto show, increases were probable during the next few months. The employment situation appeared to be improving somewhat, Ford announced 35,600 employes who have been working only part time, will be placed on full-time schedules of five days a week during February. The new schedule increases the number of full-time employes from 68,000 to 93,000.

On Commission Row

FRUITS Apples— Delicious, box extra fancy, *3.75; cholct, $24/2.25; Jonathans, $2.75; Grimes Golden. $2.50; New York Duchess. $2.25fil 2.50; Gravenstein. $3: Wolf River. $2.50: Stavmen box, $3@3,25. Cranberries- $4 a 25-lb. box: *8.85 a 50-lb. box. Grapefruit—Florida, [email protected]. Grapes—California, seedless. $3.60 a crate: Emperor $2.50412.75 a crate Lemons—California, a crate. $6.50. limes—Jamacia, $2.50@3. Oranges—California Valencia. 14.5035.50. Strawberries—soc a quart. Tangerines—s3.so a crate. VEGETABLES Beans—Florida. $37/ 4.75 a hamper. Beets—Texas. 53.50 a crate. Cabbages—s3.so a barrel. Celery—Michigan. 90c; Idaho. 11.2 E a dozen bunches. Cauliflower—Colorado, crate. *2.50. Cucumbers—Florida, $6 a crate. Eggplane—s2.so a dozen. *6 a hamper. Kalt—Spring, a bushel. 80c. Lettuce —California Iceberg. *6 a crate; home-grown leaf a bushel. $1.65. Mustard—A bushel. $1 Onions—-Indianpa yellow, $1.75 a 100-lb. baa; white. 50-lb. bag, $1.75. Parslev—Southern, doz bunches. *l. Peas—California, $5.50 a hamper. Peppers—Florida. *7 a crate. Potatoes —Wisconsin and Minnesota white. $4.25fC4.50 a 160-lb. bag: Red River Ohios. 120 lbs.. $3.90: Idaho Russets. *4. Radishes—Button, hothouse, dozen. $1.25: southern, long white. 75c dozen. ,

THE INDIANAPOLIS TIMES

PORKERS SHOW 0000 GAINS AT LOCAL MARKET Cattle Range From Steady to Higher; Sheep Trend Off. j Jan. Bulk. Top. Receipts. 31. 310.40 5 10.70 310.70 7.000 Feb. 1 1. 10.304110.50 10.50 3.500 3 10.5047.10.85 10.85 4,000 4. 5. 10.654, 10.35 10.80 5.000 6. 10.60 <& 10.85 11.00 4.000 7. 10.85 V; 11.10 11.15 5.000 Hog prices strengthened today at the Union Stockyards, prices rangI ing generally 25 cents higher. The bulk, 150 to 225 pounds, sold at $10.85 to sll.lO. Top price paid was $11.15. Receipts were 5,000, holdovers 472. Cattle receipts were 550. Steer market nominal, she stock holding steady. Calf receipts were 650 vealers 50 cents higher at $15.50 down. Sheep receipts were 600. Lambs were around 25 cents low r er than Thursday's average. Top price paid was $12.25. Chicago hog receipts were 28.000, including 13,000 directs. Holdovers were 3,000. Today’s market opened 25 cents higher, generally asking sll on choice 180 to 210-pound weights. Numerous bids and a few sales recorded at $10.90 : 220 to 230-pound weights sold at $10.75 to SIO.BO. Cattle receipts were 1,000, sheep 11.000. —Hogs— Receipts. 5,000: market, higher. Heavies, 300 lbs. up $10,504x11.00 200-300 !bs 11.004/11.10 Med. wts.. 225-250 lbs 11.10® 11.15 200-225 lbs 11.106:11.15 Light wts.. 160-200 lbs 11.10 Light Its.. 130-160 lbs 10.40f®10.90 Lifiht wts.. 160-200 ibs 9.404710.15 Packing sows B.2sCct 9.25 —Cattle— Receipts. 550: market, steady. Beef steers. 1.100-1,500 lbs. good and choice $11.754/15.00 Common and medium [email protected] Beef steers. 1.100 lbs. down, . good and choice 12.004/15.00 Common and medium 9.50&12.00 Heifers. 350 lbs. down, good and choice [email protected] Common and medium 7.00® 11.00 Cows 8.00@6 0.50 Common and medium 6.so C<ii 8.00 Lower cutter and cutters .... 4.50® 6.50 Stocker and feeder steers. good and choice 9.004i>11.00 Common and medium 7.00® 9.00 —Veals— Receipts. 650: market, higher. Medium and choice $11,504/15.50 Cull and common [email protected] , —Sheep— Receipts, 600; market, lower. Lambs, good and choice $11.504712.25 Common and medium 9.004/11.50 Ewes, medium to choice 4.50® 6.50 Cull and common 2.00® 4.50 Other Livestock Hi/ United Press CHICAGO. Feb. 7.—Hogs—Receipts, 28.000; including 13,000 direct; mostly 15® 30c higher; hogs scaling under 230-lbs. getting most advance; top. $11: new high for season; bulk, 160-250-lb. weights. $10.60® li; 260-320-lb. weights, $10,104/10.60; butchers, medium to choice. 250-350 lbs.. slo® 10.75; 200-250 lbs.. $10,404/11; 160200 lbs., $10.5® 11; 130-160 lbs., [email protected]; packing sows, $8,504/9.50; pigs, medium to choice. 90-130 lbs.. $3®10.50. Cattle—Receipts, 1,00; calves, 1.000; unevenly higher market on practically all killing classes due largely to a starvation run; rather sharp advance on beef heifers and light yearlings; best fed steers. $14.10; slaughter classes, steers, good and choice, 13001500 lbn., $12,754/15.50; 1100-1300 lbs., sl3 4i16; 980-1100 lbs.. $13®16: common and medium. 850 lbs. up. 53.504t12.75; fed yearlings. good and choice, 750-950 lbs., $12.75 ft 16 - heifers, good and choice. 350 lbs. ciow'n, [email protected]; common and medium. [email protected]; cows, good and choice, $7.75 (~ 10; common and medium, $6®7.75; iow cutter and cutter. $54/6; bulls, good and choice, beef, $8,754/9.50: cutter to medium. s7® 8.75; vealers milk fed good and choice. $11@15; medium. $lO®H; cull uud common. s7@lo; Stockers and feeders, god and choice, all weights, $104*11.25; common and medium, SB4/10.25. bheep— Receipts. 12,000; market slow, steady to weak; early bulk light lambs, top. $12.50; heavies bid. $10.50 down; few ewes, auotable steady; feeding larnbs, nominal: lambs, good and choice. 92 lbs. down. [email protected]; medium, $10,504:11.25; culi and common, $9.504')10.50; ewes, medium to choice. 150 lbs. down. $0.25®6.75; cull and common, $2,504/5.50; feeder lambs, good and choice. $10,754/11.65. Bit Times Special LOUISVILLE. Ky., Feb. 7.—Hogs—Receipts, 1.600: market, 40c higher; 250 lbs up $10.40; 165 to 250 lbs.. $11;130 to 165 lbs.. $10.40: 130 lbs. down, $9.25; roughs, $8.40; Stags. $7.80. Cattle-Receipts. 200; market, steady; prime heavy steers. sll 4$ 12.50; heavy shipping steers, slo® 11; medium and plain steers, $8.50@10; fat heifers. SB4/12: good to choice cows, $6 50 4/8.50; medium to good cows, $0.504i,6.50; cutters, $54/5.50; canners, $3,504/5; bulls. $64/9; feeders. SB4/ 10.50; Stockers, $6,504/ 10.75. Calves—Receipts. 200; market, steady; top. sl3; good to choice, $11.5048 13; medium to goon. [email protected]; outs, $8.50 down. Sheep—Receipts. 50; market lambs, $1 lower; sheep steady; ewes and wethers, $11,504/12; buck lambs. $10.50® 11; seconds, s6®B: sheep, ss@6: Thursday’s shipments. Cattle, 60; calves, 105; hogs, none; sheep. 166. Bm United Press FT. WAYNE, Ind., Feb. 7.—Cattle—Receipts, 125; calves. 75; hogs, 500; sheep, 50; hog market. 10®25c higher; 120 lbs. down, $9.75: 120-140 lbs.. $10; 140-160 lbs., $10.65; 160-200 lbs., $10.90; 209-225 lbs., $10.80; 225-250 lbs., $10.65; 250-300 lbs.. $10.55; 300-350 lbs.. $10.25: roughs, SB-25; stags, $6; calves. sls: lambs. sll. Bv United Press , „ EAST BUFFALO. Feb. 7.—Hogs—Receipts, 1,900; holdovers, 400; active omstly tr shippers, generallv 25c higher, some weighty winds up 40c; pigs slow; 150230 lbs. $11.40 to mostly $11.50; 240 to 270 lbs.. sll® 11.40; 130 ibs. down. $10.75 fill; packing sow's. $8,754/9.40. Cattle— Receipts, 125; cow’s, slow, steady: cutter grades, s4® 6.25. Calves—Receipts. 500; vealers unchanged. $16.50 down. Sheep— Receipts. 4.000: weighty lambs under pressure, strictly handy weights steady; good to choice 90 lbs. down, $12,504/13: 90-100 lbs.. $124/ 12.75: medium to strong weights, sll 25® 12; fat ewes. s6@7. Ru United Pn ss CINCINNATI, Feb. 7.—Hogs—Receipts 1,400; held over, 80; active. 25® 40c higher; bulk good choice 160-230 lbs.. $11.25; some 250-270 lbs.. $114811.10: 280-300 lbs.. $10.75 down: bulk 120-160 lbs., $10.75® 11; sow’s steady, mostly $8,504/9: light pigs under 110 lbs., $10.50 down. Cattle - Receipts, 225; calves. 200; uneven; better grade handy weights scarce: steady under grades steady to lower on catch bid basis: beef cow's steady; low grade cows weak to 25c lower; bulls barelv steady; plain butcher cattle. $8; beef cows, $6,754/8.50: low cutters and cutters, *4.754/6; bulls. 574/8.75; odd head up to 59.25; vealers 50c lower; top. sls; tinder grades. slo® 13. Sheen— Receipts. 275: steadr; bulk truck lambs, sl3 down; deck choice. 78 pounds, sl3 25: throwouts and buck/. $94/10.50; good light ewes. $5.50; choice grades higher. Bn United Pr/ss CLEVELAND. Feb. 7.—Hogs—Receipts. 900; holdovers. 79: 25c higher: pigs, 150260 lbs.. $10.35® 10.40; heavy butchers around $10,754*11; 140 lbs. dvon. $10.55 and under: rough cows. $8.50; stags, $6.75. Cattle—Receipts, 150; common to medium steers, practically at standstill, odd head. $10,254/11: reflecting downturn, cows 25®. 50c off since Monday; minimum losses on $4,504/6.25 cutter grades. Calves—Receipts. 200: vealers, 50c'/i $1 lower; bulk under $16.50- top. sl7; common and medium. $11,504/15; culls downward to $9.50 or under. Sheep—Receipts. 1.500: lambs strictly 25c lower: good to hcoice. $12,504/ 12.75; medium throwouts, $10.504/11.50; good fat ewes, $74/7.50; steady.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings Friday. Feb. 1 7. *3.619.000: debits. *6.202.000. CHICAGO STATEMENT Bn T nited Press CHICAGO. Feb. 7.—Bank clearings. *93,600.000: balances. *6.600.000. NEW YORK STATEMENT B" United Press NEW YORK. Feb. 7. —Bank clearings. *1.146 000.000; clearing house bßiance. *159,000.060: Federal Reserve bank credit I balance. $155,000,000. TREASURY STATEMENT fl’* $Hi and YVASHTNGTON Feb. 7.—Treasury r.et balance for Feb. 5. was *83.091.033.42. Customs receipts for the month to that date were $5.6?0.696.51 Expenditure* for that day were $9,322,153.26.

Business — and — Finance

Bickford's Inc. operating a chain of lunchrooms in greater New York and its subsidiary. Haves-Bickford Lunch System Inc. operating lunchrooms In Boston and their constituent companies, report net earnings after taxes of $509,571 for 1929 against $412,204 in 1228, an increase of $97,367. or 23.62 per cent. These earnings are equivalent to $1.51 on the common stock after allowing for a full years dividend requirement on the preference stock. This compares with $1.12 earned on the common in 1928. Salas for 1929 total $5,312,409 against $4,603,876 for 1923. an increase of $/08,532. or 15.4 per cent. The annual meeting of the stockholder* of the Marine Midland Corporation was held in Wilmington, Dela. Tim corporation, organised last September, has acquired control of 17 banks in New York state with total resources exceeding $520,000,000. Ernest Stauffen Jr., is chairman of the board and George F. Rand of Buffalo, president. Commonwealth Casualty Company statement as of Dec. 31, 1929, shows total assets of $5,382,449 as compared with $1,755,449. Assets as at the close of 1929 represent a gain of more than 400 per cent since the end of 1924. Sales by Studebaker Corporation In January snowed a 72 pc; cent increase over December, 1929, according td a statement by officials Thursday. Total domestic and foreign shipments were within 3 per cent of January last year. Shipments to domestic dealers exceeded January of 1929 and retail deliveries in New Y’ork City following the auto show, were greater than for any Januarv in history, it was stated. Several other large cities have also reported record breaking January deliveries. Reliance Internationa! Corporation makes public its first report covering operations since organization to Dec. 31, 1929. The initial funds of the corporation were not received until Sept. 25, 1929. and the total funds paid into the corporation, less organization expenses, from Sept. 25 to Oct. 16, inclusive, amounted to 517,966,033. Bickford’s Inc., for January, 1930, reports gross sales of $480,020 against $427,770 in January, 1929. an Increase of $52,250, or 12.21 per cent. F. Ac W. Grand-Silver Stores, Inc., report sales for January totaling $1,752,565 compared with $1,460,836 reported for January 1928. an increase of $291,729 or 19.9 per cent. DETROIT, Feb. 7.—lnvestment companies in the United States now have an estimated invested capita! of $4,000,000,000 and are steadily advancing in holdings, despite the severe reaction of the stock market last October, according to “Investment Trusts and Investment Companies," a booklet prepared and copyrighted by Clinton R. Tobey, of Baker-Siinonds & Company, It was learned Thursday. WAYNE, Mich.. Feb. 7.—At the annual meeting of stockholders of the Stinson Aircraft Corporation, the directorate was reduced from 15 to 5 members. The board as now constituted, has the following membership: E. L. Cord, chairman, Edward A. Stinson. W. A. Mara, Raymond S. Pruitt, and L. B. Manning. AUBURN. Ind., Feb. 7.—Ai the annual meeting of stockholders of the Auburn Automobile Company only routine business was transacted. All retiring directors and officers were reelected. CHICAGO, Feb. 7.—Mlssourl-Kansas Pipe Line Company has just acquired lease on thousands of acres of proven natural gas lands in the Panhandle of Texas. Frank P. Parish, president, stated late Thursday. All of the acreage, according to the company’s geologists, contains enormous reserve:;. The smallest of the wells on the properties has an open flow test of 30,000,000 cubic feet of gas per day.

Produce Markets

Eggs (country rum—Loss off dciiver&d in Indianapolis, 30c: henery Quality, No. 1 35c; No. 2. 27c: No. 3.20 c. Poultry (buying prices)— Hens weighing i'/i lbs. or over, 25c; under 4'4 lbs., 21c: Leghorn hens. 18c: springers. 5 lbs. or over, 22c: under 5 lbs.. 20c; spring Leghorns, 15c: stags. 15c: cocks, 12@14g; capons. B'/a lbs. or over, 29c; capons. 7Vc lbs. or over 27c: capons and slips. 5 lbs. and over 25c: capons. 5 lbs. and under. 23c: ducks. lull feathered, fat. whites. 15c. These prices are for No. 1 top aualitv. quoted by Kingan Cos. Butter (wholesale:—No. 1. 40@41c; No. 2. 39 (o'4oc. Butter—37c. Cheese (wholesale selling price pet pound)—American loaf. 31c: pimento loef. 33c: Wisconsin firsts. 27c; Longhorns. 2Jc: New York limberger, 36c. It if United Press NEW YORK. Feb. 7.—Flour-Dull, but firm: spring patents, $6.25(0 6.50. PorkSteady: mess, $28.50. Lard—Finn; middle west spot, [email protected]. Tallow—Quiet; special to extra. 7 1 /s®'7 3 /b. Potatoes—Quiet and easy; southern. s4(*Tl2 barrel; state, $3.55(0)4.75 bbl.; Maine. $24,5.35 bbl.; Bermuda, s7fiT3 bbl: Long Island, $1.504i6 bbl. Sweet potatoes—Steady; Southern baskets, [email protected]; Jersey, basket, 60c <; *2.65. Dressed poultry—lrregular: turkc ,274, 41c; chickens. 184i;40c: capons. 23045 c: fowls. 184,34 c: ducks. 144721 c: ducks. Long Island. 2447 25c. Live poultry—Steady to firm: geese, 13(®23c: ducks, 144,26 c; fowls. 18@34c: turkeys. 254,35 c; roosters, 184, 19c: chickens. 214128 c; capons. 234,35 c: broilers. 254,34 c. Cheese —Firm: state whole milk, fancy to specials. 24@26c: young America, 2 i*,4 @2414 c. fly United Press CHICAGO. Feb. 7.—Eggs—Market, easy: receipts. 1.115 cases: extra firsts, 38'/2c; firsts,! 3714 c: ordinaries. 34@36c; seconds, 31c. Butter—Market, steady: receipts. 9.339 tubs: extras. 36c: extra firsts. 34' 2 z® 35c: firsts, 33 @ 34c: seconds. 314,32 c: standards. 36c. Poultry—Market, steady: receipts, no cars in: 2 due; fowls, 23c; springers. 25c: Leghorns. 20c: ducks. 160! 17c: geese. 14c; turkevs. 25c; roosters. 18c: broilers. 28c. Cheese—Twins. 1914@19%c: voung Americas. 21c. Potatoes—On track. 276- arrivals. 110: shipments. 868; market steady to weak: Wisconsin sacked Round Whites. $2.454,2.60: Minnesota and North Dakota sacked Round Whites. [email protected]; Idaho sacked Russets. 53.15473.35. Du United Press CINCINNATI. Feb. 7.—Butter—Steady; creamery in tub loss, according to score, 364737 c: eomor. score discounted 24,3 c; packing stock No. 1. 22c: No. 2,18 c; No. 3, 13c- butterfat. 3547 37c. Eggs—Lower; cases included; fresh gathered. 43c; firsts, 40c; seconds, 39c; nearby ungraded. io'■ Live—Poultry, thin and coarse stock sells onlv at heavv discount; fowls. 5 lbs. and over 23c; 4 lbs. and over, 23c; 3 lbs. and over. 23c; Leghorns. 3 lbs. and over. 23c: roosters. 17c; stags, 21c; capons. B.ibs. and over. 33c: under 8 lbs.. 32c; slips. 21c: fryers, colored, over 3 lbs.. 32c: 2 lbs. and over, 32c; broilers, 114 lbs. and over. 32c; Leghorn broilers, I*4 lbs. and over. 25c; roasting chickens. 4 lbs. and over. 29c; Leghorns and Orplnton fryers, 2 lbs. and over. 25c; black springers, 20c. P,!i United Press CLEVELAND. Feb. 7.—Butter—Extras. 40c; extra firsts. 38147!39c; seconds. 31® 32c. Eggs—Extras. 42’, ic: firsts. 40>4c. Poultry—Fowls. 30c; medium. 23c; Leghorns, 24c: heavy springers. 274,28 c; Leghorn springfers. 20c: ducks. 22v, 26c: old cocks. 18c geese. 18@20c. Potatoes —Ohio. $4.250 4.50 per 150-lb. sack; New York, $4 400 4.50 per 150-!b. sack; Maine Green Mountain. *4.50 per 150-lb. sack; Idaho russet, *3.854,4 15 per 100-lb. sack. MOTHER FILES SUIT IN INSURANCE CASE Policy Held by Alleged Bandit Basis of Complaint. Suit to collect SI,OOO insurance on Robert Longstaff, alleged bandit who was shot fatally by an Indianapolis policeman near Cumberland in July, 1928. was filed today in circuit court by the mother. Mrs. Marybell Longstaff, whose address was given as the 1000 block on North Edison street. The Independent Order of Foresters, Indianapolis, of which Robert Longstaff was said to be a member, is named defendant. According to the complaint, the insurance policy speefies that payment was to be made to the insured providing death did not occur in the commK-’on of an nr’ wfrl act. Regardless of this, the ,?vi con —rh. agreed at ore /*ui3 to make the payment, but since have declined.

GRAIN MARKET SELLS OFF ON WEAK GABLES 1 Decline in Foreiqn Trade Responsible for Sag in Futures. Bu United Press CHICAGO. Feb. 7. Extremely weak cables indicating fluctuating foreign markets caused wheat to open unevenly lower on the Board of Trade today. Liverpool declined owing to a poor demand and a decline in the Argentine exchange, which caused most of the 2 c break at Buenos Aires. That market was lower but recovered somewhat just before noon. The action of the advisory committee Thursday steadied the local market. Corn and oats were uneven with wheat. At the opening wheat was unchanged to lc lower, corn was unchanged to Vic lower, and oats was unchanged to %c off. Provisions opened strong to higher. Liverpool opened higher this morning but failed to follow the full advance here and sagged shortly after the opening to h> to % cent lower. Action near the close last night seemed to indicate an advance knowledge of the action of the wheat advisory committee in recommending to the farm board that a stabilization corporation be formed. The open interest in corn has increased about 10.C00.000 bushels over what it was at the low point. Farmers continue to hold their corn, desiring to know just how the action of the farm board will affect them before they sell. Reported damage to new oats in the southern territory has helped that market resist pressure when the other grains weakened. Commission houses still buy rather freely from time to time. Chicago Grain Table —Feb. 7 WHEAT— Prev. t High. Low. 12:00. close. Mar 1.17% 1.15. y 1.16% 1.16 Mav 1.22% 1.13% 1.21% 1.20% July 1.23% 1.21 1.22% 1.21% CORN— Mar .89% .87% .88% .88 May 93 .91% .92% .91% July 94% .93 .94 .93% OATS— Mar 45 .44% .44% .44'i May 46% .45% .46% .46 July 45% .45 .45% .45% RYE— Mar 83Vi .82% .83% .83% May 85% .83% .85% .84% July 86% .85 Vi .86% .86 LARD— May ... 11.25 11.15 11.25 11.07 July 11.42 11.37 11.42 11.30 Bn Times Special CHICAGO. Feb. 7.—Carlots: Wheat. 13: corn. 211; oats. 25: rye. 1. and barley. 12. CAMPUS AT BUTLER IS CONFERENCE SITE Butler Students Are Asssiting in Arranging Meeting.

Miss Betty Lower (left) and Miss Elma Rose Sailors (right), Butler university students, are assisting Wales E. Smith, Martinsville, in plans for the Christian World Education conference, to be held on the Butler campus, Feb. 18. The Butler Y. M. C. A. and Y. W. C. A. are sponsoring the conference. Among speakers will be William C. Dennis, Earlham college president; Dr. J. B. Mathews, secretary of the Fellowship of Reconciliation; James Myers, secretary of the federal council of Churches of Christ in America, and Mark Starr, organizer for the National Council of Labor Colleges, in Great Britain. In the Air Weather conditions in the air at 9:30 a. m.: Northwest wind, 14 miles an hour; barometric pressure, 30.07 at sea level; temperature, 33; ceiling, 1,200 feet; visibility, 3 miles; field soft. Arrivals and Departures Curtiss-Mars Hill Airport—C. Grass, Curtiss-Wright Flying Service of Missouri. Indianapolis to St. Louis, Curtiss Fledgling plane; D. Poole, Indianapolis to Columbus, 0., Challenger Robin plane; EmbryRiddle passengers included H. S. Ritter of Evanston, 111.; George H. Curtis, Watertown, Mass.; F. Ludlow, St. Josep, Mich.; T. R. White, Los Angeles. Hoosier Airport—Paul Cdx, Indianapolis to Terre Haute, Barling NB-3 plane. Becomes Student Arthur T. Lyke, chauffeur for Mayor Reginald H. Suhivan. enrolled in the Curtiss-Wright aviation school, following his first flight a few days ago when he went to Dayton, 0., with Mayor Sullivan and an airport inspection party. Building Permits C,® MOO 6 " 1815 ’ firC IOSS ’ 1531 North „ Pl *f 2 Realty Company, dwelling. 5634 North Delaware. *6.000. Pike Realty Company, dwelling. 5501 North Illinois. $6,000. Pike Realty Company, dwelling. 5505 North Illinois. *6.000. Indianapolis Concrete Pipe Company, repairing. 2050 South Harding, *6.500. Robert A. Herr, fire loss. 31 West Thirtythird. 86.000. C. W. Shelburn. dwellina. 2240 Er.aUsh. *2,500. W. F Fry. addition and repairina. 800 North Euclid. *7OO. William Low Rice, dwellir.e. 5321 Boulevard place. *6.000.

Local Wagon Wheat

City grain elevators are paving SI.OB for No. 2 red wheat and $1.03 for No. 2 hard wheat NEW YORK COFFEE RANGE . —Feb. 6 High. Low. Clo c e March 8.65 8.41 3.41 Mav 8.20 7.91 7.61 July 7.97 7.65 7.65 September 7.73 7.53 7.53 December 7.55 7.37 • .37

Honeymooners

i

It would be easy for a young m?n with an inheritance of several million dollars to get bored with army life—even in his majesty's herse guards. That was why Captain Francis Francis, wealthy young Englishman, resigned his commission, and not as reported, because regiment customs forbads him to marry an actress. This was the explanation he gave when, as pictured here, he arrived in New York the other day with his bride, Sunny Jarmann, American musical comedy star.

Indianapolis Stocks

—Feb. 5 Bid. Ask. Amer Central Life Ins C0..1.000 Beit P. R & S Yds Cos com. .. 61 64*7 Belt K R * S Yds Cos pvet .. 55 SOL Bobbs-Tte. nil Cos .29 33* s Centra. T ndiana Fow Cos pref.. 90 95 Circle Th?a or Cos common.. ,101V* Citizens Gas Cos common ..30 41 Citizens Gas Cos pref 94’4 99(a Commonwealth L Cos p( 3'.. M Commonwealth L Cos pf 779.. 97 Hook Drug Cos common 44’i ... Ind Hotel Cos Clavpool com. .125 Indiana Hotel Cos pref 100 Indiana Service Corn pref .... 80 Indianapolis Gas Cos common. 58(4 611 V Indpls Power & I.t Cos pfd....103’4 105 Indpis Pub Well Lorn As com 50 Indpls St Ry Cos pfri 29 31 Indianapolis Water Cos pid. ... 97 Interstate Pub S Cos nr I, pfd 99'7 102 Interstate Pub SCjpr L pfd. 10014 ... Metro Loan Cos 95 ... Northern Ind Pub ’ co pfd.. 94 99 Northern Ind Pub 7. S Cos pid 103 106 Progress Laundry Cos common 45 M ... E Raub & Sons Fer. Cos pfd.. 50 Real Silk Hosiery M. Inc. pfd 90 Shareholders Investors Cos ... 24 ... Standard Os! Cos of Ind 52% ... Terre Haute Trac & L Cos pfd 73 Union Title Cos common 40 ... Van Caiot) Prod Cos Ist Pfd... 98 ... Van Camp Prod Cos 2nd pfd 98 ♦Ex-Dividend. —BONDS—- | Belt R R AvStock Cos 4s 88 | Central Indiana Gas Cos 55.. 97tu ... Central Ind Power Cos 6s . -96 Citizens Gas Cos 5s 101*4 ... Citizens Street, Railroad 55.. 45 50 Gary St Rv Ist 5s 70 Home T As T of Ft Wayne 65.102 Ind Northern Trac Cos 5s 3 5 Ind Ry & Light Cos 5s 95 Indiana Service Corpn 5s .... 85 Indpls Power and Light Cos 5s 9617 98 Indiana Union Trac Cos 5s ... 5 Indpls Col <fc So Trac B.s 96 100 Indianapolis Gas Cos 5s '.98 100 Indpls & Mart Rapid T Cos 5s 20 Indpls No Trac Cos 5s 9 13 Va Indpls & North Trac Cos 5s 20 Indpls Street Ry 4s . 42Vi 45 Induls Trac Ar Ter Cos 5s 93 li Indpls Union Rv 5s 109*4 ... Indpls Water Cos 514s 100*4 104 Indpls Water Cos 5s 92 Indpls Water Cos lien & vet.. 92 ... Indpls Water 4'4s ...- 9114 93 Indpls Water W Sec Cos ss. 84 Interstate Pub Serv Cos 4*,45. 81*.4 ... Interstate Public Service Cos 5s 96 Interstate Pub Serv Cos B 6'45.101 No Ind Pub Serv Cos 5s 97% ... No Ind Telegraph Cos 6s 96',4 T H. Ind & East Trac Cos ss, 60 T H Trac As Light Cos 55.... 86 95 Union Trac of Ind Cos 6s 14',4 INSTITUTION PAROLE BOARD IN SESSION Petitions for Clemency Filed by 140 ' Reformatory Inmates. fly 'l imes Special PENDLETON, Ind.. Feb. 7.—The state reformatory parole board met shortly before noon today at the reformatory to consider 140 petitions from prisoners seeking clemency. Governor Harry G. Leslie Thursday said he was shocked to learn that 244 of the 1,900 prisoners in the reformatory were condemned to more than ten years imprisonment. The Governor favors segregation of first offenders. Whether the reformatory board j will follow steps of the state prison board in banning publicity on paroles granted had not been discussed early this afternoon, A. F. Miles, reformatory superintendent, said. “We never have taken that attitude,” he declared, referring to the policy of refusing newspapers names of paroled prisoners. “Whenever any one asked for news it was given out. I do not know whether the board will take any action on the state prison board’s rule.” Births Girls Owen and Bxise Overton. 1813 Columbia. ; Emmett and Ketle White, 224 Cora. Edgar and Zonie Fitch. 825 Chase. William and Mary Ray, 1062 North Traub. Nicholas and Radia Fields. 810 Bates. Charles and Blanche Doll, 526 South Warman. John and Mabel Lawlin, 2823 North Denny. Charles and Gladys Fatout, Christian hospital. L G. and Sadie Pullins, 439 West Twenty-ninth. William and Pauline Shaw. 1523 Sheldon. Herman and Mary Schmitt, 455 North Warman. Boys Tom and Lula Montgomery. Edward and Edith Crabtree, 1259 West Twenty-fifth. William and Grace Bell, 2903 North Chester. Thomas end Lavonne Miles, 902 Arbor. Thomas and Lazatha Franklin, 1938 North Cornell. Arthur and Mabel Blunk, 316 Sothu Warman. Roy and Emma Pope. 318 West Twelfth. Archie and Hazel Atkinson, 2332 Prospect. Layman and Iva Norris, 811 North Grant. Deaths Timothy E. Callahan. 78, of 3710 East Washington, chronic myocarditis. Eldon B. Garrott. 73. of 1427 North Delaware. apoplexy. Clara X. McGowen. 24. city hospital, lobar pneumonia. Anna Belle Taylor, 69, of 3824 Graceland, carcinoma. Perry William Sluder. 2, of 608 South La Clede. lobar pneumonia. Peter Moeslien. 72, city hospital, chronic myocarditis. Seymour W. Montgomery. 61. of 2315 Wheeler, angina pectoris. Charles Andrew Hahn. 83. Long hospital. chronic myocarditis. Edward J. Phipps. 62. of 1480 Lexington. cerebra! hemorrhage. Daisy Heflin Tyre. 51. Methodist hospital. abscess of iiver. Will Sargent. 67. ol 3146 Marfindale. cerebral hemorrhage.

PAGE 21

FEDERAL BANK REDUCES RATES ON CASH LOANS Action Follows General Slump Since Stock Market Break. Bv United Press NEW YORK, Feb. 7.—Biudnesf throughout the world was almost completly freed today of the liandlrap of high money rates undewhich it labored during the perio of frenzied speculation in stacks. Climaxing a series of reduction by leading central banks in Europ' Federal Reserve bank of New Yori today put into effect a rediscoun charge of 4 per cent, the lowest rate since May. 1928. and a full 2 pei rent below the rate put in force here from Aug. 14 to Oct. 31 last year during the federal reserve drive to halt speculation. The New York rediscount rate had been 4% per cent since Nov. 14. Lowering of the New York rate was announced by the federal reserve board in Washington shortly after the close of the stock markeet Thursday. Earlier in the day the Bank of England reduced its rate from 5 to 4'.- per cent, and the Bank of Ireland at. Dublin cuts its charge from 6 to 5*4 per cent. Central banks in France, Germany and Poland also have recently lowered their rates, the Paris charge now being only 3 per cent.. Money rates have declined steadily since the break in the stock market. bearing out predictions that world-wide deflation would follow the cooling off of speculative ardor and the consequent relea.se of great volumes of credit.

The City in Brief

SATURDAY EVENTS RMa Thrla Pi luncheon. Board nt Trade, Sigma Alpha Epsilon luncheon. Chamber of Commerce. Indiana Society of Architects, meeting Architects and Builders building. More than one hundred Frigidaire dealers and salesmen will leave today on a special train to attend the annual regional sales convention in Chicago. Seventeenth annual banquet of ; the Employes’ Co-Operative Society of L. Strauss Be Cos., in the Athenaeum Thursday night, was attended by more than one hundred and fifty persons. Arthur Dunham, organ : st of the Methodist temple of Chicago, will play at Broadway M. E. church at 8:15 tonight under auspices of the Indianapolis Matinee Musicale. Mayor Reginald H. Sullivan will be an honor guest at a dinner of | the Indianapolis Association of Waj bash Men Tuesday night. Feb. 18. j probably at the University Club. The mayor was graduated from Wabash in 1897. C. B. Edwards, chemical engineer for the Republic Creosoting Company, will speak on “The Carburication of Steel” before the weekly Soientech Club luncheon at the Chamber of Commerce Monday. More than two hundred new students are expected to enroll Monday for the second semester of Indiana university extension classes, according to Miss Mary B. Orvis, Indianapolis center secretary. Marriage Licenses Louis Beard, 35, of 1 North New Jersey, baker, and Nora B. Hendley. 29. of 1M East Morris. Lester M. Bolander, 37, of Madison. Wis.. student, and Nellie E. Dawson. 23. of 1226 North Temole. student. Harry Young. 31. of 507 Bright, cook, and Fannie Jackson. 42. of 507 Bright, clerk. Everett 8. Pelt. 30. of 1221 West Washington. mechanic, and Pearl J. Riel. 33. of 1305 West Washington, waitress. Claude A. Kelley. 32. of 721 Greer, clerk, and Maudie B. B. Russe, 32. of 721 Oreer. Marshall Hicks. 26. of Camhy. farmer, and Naomi 8. Park. 24. of West Newton. Other Livestock United Press TOLEDO. Feb. 7.—Hogs—Receipts. 3fio: market. 15-25 c higher: heavies. $lO4/10.35; mediums. $10.60t/10.75: Yorkers. SlOfti 10.50; pigs $lO7/10.25. Cattle -Receipts, light; market, steady. Calves—Receipts, light; market, steady. Sheep and lamb*—Receipts, light; market, steady. Bv United Press PITTSBURGH, Feb. 7.—Hoes—Receipts. 2.000; martlet, active: fully 25c higher; sows, strong at $8,504/9: 150-220 lbs., butchers. *11.504/ 11.50: 240-300 lbs.. *114; 11.45; 100-130 lb.s.. $10,754/11. Cattle—Receipts. none. Calves—Receipts. 150; ir.crket. steady; top vealers. $16.50. Sheep —Receplts. 50; market, steady to weak: sorted 87 lb. iambs, sl3: other sales. *ll4/. 12.75; average weights. 75 to 90 lbs.

JamesT. Hamill & Company BROKERS Indianapolis MEMBERS Chicago Stock Exchange, Chicago Board of Trade Indianapolis Board of Trade Associated New York Curb 203 Continental Bank Bldg. Tel. Riley MBS—Riley MM

We offer American Loan Cos. 7% Preferred and Common Stock First opportunity the public has had to .hare In entire profits of the company. Non-Taxable Son-Speeolatln An unusual Investment yielding attractive quarterly income. Units . . 1 Share Preferred. 1 Share Common tllS Clrenlar on request Umphrey & Hartz 317 Bankers Trust Bid*. M ncoln R 439