Indianapolis Times, Volume 41, Number 239, Indianapolis, Marion County, 14 February 1930 — Page 25

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STEEL SHARES MOVE FORWARD IN STOCK MART Buying Is Result of Gains Made Since First of the Year.

Average Stock Prices

Average of thirty Industrials for Thursday VvOS 272.27, up 1.22 Average of twenty rails was 155.24. up .01. Average of twenty utilities was Q 7.78, up .76. Average of forty bonds was 23.82. off .20. Hu United Fret* NEW YORK. Feb. 14.—Steel shares made wide gains under the leadership of United States Steel common today, featuring the stock list where preies were irregular after a Arm opening. United States Steel soared to new high ground for the year near 138, compared with 18 4 % at the close Thursday. Heavy buying also was noted in other issues of the steel group. The Cyrus S. Eaton group, including Republic and Central Alloy. advanced 2 to more than 4 points, while gains ranging to more than 3 points were made in Vanadium, Bethlehem, Ludlum, Otis and Crucible. Buying in the steel shares was further recognition of the strides made in the industry since the first of the year. Despite reduced prices oi steel, earnings of the larger companies are not expected to suffer greatly in the first quarter. Acme Steel on the Chicago Stock Exchange, however, did not far as well as the steel Issues on the big board. The stock declined to anew low for the year at 81, off 15*2 points from the previous close. Mid-month settlements struck the money market today and call money rose from the renewal rate of 4 per cent to 4Vi per cent at 12:15 p. m. This was considered only temporary, however, and had little effect on the market, which was moving irregularly before the rate changed. Traders considered the rise of $48,000,000 in brokerage loans for the week as normal and about in line with expectations. The money situation, while admittedly not a factor of current importance, appeared to favor the bear element in many issues that | were under pressure. Shorts pounded away at Gillette again, forcing the stock down two points to anew low for the year. Simmons Company was down fractionally and Wooiworth dropped more than a point. Mail order shares also went lower. Motor shares were mixed with Chrysler off more than a point and small gains in General Motors. Yellow Truck and Moon Motors. Several of the amusements also were higher, notably Warner Brothers Pictures and Loew s.

Tomorrow, Saturday YOUR CHOICE 259 Down! Ladies' or Vents' Wrist Watch Complete With Metal Band Smart new model* fitted with guaran- KxP * **g| teed movements which have been ac- PB} enrately timed and adjusted. You £9?-* must see them to anpreciate their quality and beauty. Choice. ONLY 2Sc DOWN! Don't Miss This Wonder Value! R&B A-1.—26-Pc. Set Silverplate lUMutifiil New Dfsljjn gold mountlns# .f not- treasured through the ea* deetgn Special at— years. mond von *e?eet in this jrroup. $14.75 $29.75 $39.75 113 W. Washington hotel bldg.

New York Stocks Bv Thomson & MeKlnnom

—Feb. Prev. Railroad*— Wall. Low. 12.00. close. Atchison 237 236 237 23S All Coast Un }•<> cJn.m.n°pJc 'SiPS lll'' Che*a A- Ohio 233 232% 232% 235 Chrsa Core 2 Ch. A N West ... - *• Chi Grt West . 15% H% 14^4 Do! A Hudson. . . ■ JiS, 4 Del A Larkft.%.l4B I<G * 14' . 14> 3 ‘ Lrle 82 1 a *2% 2S . Erie Ist pfd 65 3 Sj/5* Gulf Mob & Ot! 41 Ho--11l Central Lehigh A? * 57.* -57. ;$7% SfVMS .-188 188% I®® }•§, NY NH A H ...iai i20% IJO> Nor Kaciflc. 92% 2 * 9- a 92 a Norfolk <k Wert .. 352 'j^i Penn vanla ■■ 83 82% C2** |2% Southern Kv . ’-33 i32 a 133 3 Southern Pae .122% 122 122 * 1 St Paul . ■ 25’. 255* 2j * 25 a m i r a A I f :: 113 ' a West Maryland “ Wabash 22:.. West Rubbers— _ aj * 3% Goodrich o* 03a, Goodyear 84 83 83 * ''' gv B United" States.'/ 28'. 274. 27% 28 Ecinipmrnt*- -g ß ' Am Car A Fdv i f)'. 100 Am Locomotive vnav Am Steel Fd.... 31 4 let 4 Am Air Brake S ~ Man Elec Sup.. 33 32 . 33 33 Gen Elec mew) 77V. '6 • ‘, Geu Ry Signal.. .. 1655; 106 Gen Am Tank '* N V Airbrake 14 Pressed Stl Car Pullman ••••••• 'g jo i ■ id i S **.'; .8.: .•: Wj {j! JJS ,88 Be'h ’hem *?? 4 Colorado Fuel.. 5 | 4 , ; , 0 % 89% G’tif‘states' Stl.. 65% 65 65 65 pen iron <2 stl 74% w 425* Ludlum 4 ii cl u e s to s n teei.187 s i§* ig% Alloy JBVi Warren Fdy .... •• ••• •• 127'a Core! 68V. '66% MV, 665. to® **• ?i5: is*: !S% Broeftway Mot" &£ ft% s*• Chrysler Corp .. 385. 37/. 38 Graham Paige .. . 4 “,® Borg Warner ... 40’/. 40,2 40,. auu Gabriel Snubbrs . ... 3 ;* ° General Motors. 43% 43V. 43, ' 4 Elec Stor Bat... ■■ ■ ■■ ■ Hudson 68 8 a 58’/* 58/4 58.4 Hayes Bod Corp. .. ••• Hupp 22 3/ j 22 U 24,. Mack Trucks ~4 24H Gardner .. ..... 4-. 4 i 4/. , Nash" wh ? .:::•*', Packard 167. lVi S 4 . 6 . Peerless ........ ■■ if,, 45 '* Studebaker Cor. 45 44 8 4 44 . 4o Stew Warner ... 39H 38 . 39 2 38 a Timken Bear ... i9 8 8 '8 79,* o Willy. 5 Overland 10h: 10 10 10 Yellow Coach .. 21-s 20,8 21, 21/4 White Motor 8 Am*'"melt & Rig 75>/a 75 75 75'a e ::: Anaconda Cop.. Tj*b ]•? '? 4 5 Calumet & Ariz. 85a ™ Cniumet & Hecla 31Cerro de Pasco . 63 4 a 63 2 63 . 3,. Andes 34 8 a 34 4 Granby Corp ... 58 5 a S7 3 4 07,4 58 Utstdret °n e Cop! S3 1 ,4 29 V. 29% 29% ?nt w Nifkei nd .:::: w, 38% p Kennecott Cop . 59 3 a o 9 .9 59,4 Miami Copper .. .. -ii Nev Cons 30 29 4 2930 Texas Gul Sul... 63% 63% 63% 63/2 U S Smelt -' 3 ® 34 Atlantic Rfg ... 44% 44% 44% 42 Barn-sdall (A)... 21% 21 -.j 21% 21% Preeport Texas. At-

Houston Oil CSU 65% 65% 65V* lnop OH fe Gas 21’ 21% 21’. 21% Cont’l OH 21 ; ■ 21% 21'. 21% Mld-Cont Petrol 25% 25% 25% 25% Laeo Oil * Tr.. 22V. 22% 22% 22>4 Pan-Am Pet 8.. .. 54% Phillips Petrol.. 31% 30% 30% 32 Prairie Oil 49% 48% 49’. 50Vi Union of Cal 42% 42% 42% 43 Prairie Pipe E 9% 59 % 59% 59% Pure Oil 23 Royal Dutch. 52% 52% 52’* 51% Rlchdeid 23% 23% 23% 23% Shell 22 Sinclair Oil 237i 23% 23% 23% Skeliy OU 30% Sid Oil Ca 1.... 59% 5T% 59% 59% 3td Oil N J... 62% 62 62% 62% Std OH N Y 32V. 32% 32% 32% Tidewater 11% 11% 11 Va 11 Va Texas Corp 53 52% 53 53% Texas C As 0 9% Transcontl ... 8% 8% 3Va 8% White Eagle 27'/a Industrials— Adv Rumiey ... ... 17 Allis Chalmers.. 60 58% 60 59 Allied Chemical 274% 274% 274% 273% A M Byers 87 86% 87 86% Armour A 6 s’. 5% 5% Air.er Can 146 143 Vi 145% 144% Alleghaney Corp 33% 33 33 32’a Am Safety Ra?.,. 61% 61% 61% 62 Am Ice 37 37 37 36% Am Wool ... ... is l , a Assd Drv Goods 53% 33% 33 % 33% Bon Alum 51% 51% 51% 52% Coco Cola 147 147 147 144% Ccntl Can 63 62% 62% 62% Certainteed ... ... 14% Congoleum 17% 17% 17% 17% Curtiss W 10% 10% 10% 10% Davidson Chem.. 33% 33% 33’ 33% Dupont 128’. 128% 128 ! 128% Famous Players 66% 65% 66% 65% Gen Asphalt 58% 58% 58 3 * 59% Fox A 33% 31% 31% 32 Gold Dust 44% 44% 44 s . 44% Glidden 35 34% 35 34-2 Xnt Harvester... 91 Va 90% 91 90% Kelvinator 14% 14 14% 13’ Lambert 104% 1041* 104% 104% Link Belt ~ 43% Loews 67% 66% 67% bn ,a May Stores ... *6 Roister 3 V. 3% 3% 3% Montgom Ward. 42',a 41% 41 % 42% Natl V R 79 70 79 79 Radio Keith 31% 31 Va 31% %% Owens Bottle... ... 60% Kndlo C-'orp 41% 40% 41% 41 Real Silk 57 57 57 50% Rem Rand 37 36% 36% 36% Sears Roebuck.. .. ... ... 93 Union Carbide.. 54% 93% 94Vs 04 Warner Bros .. 62% 61% 62 61 2 Un Air Craft.. 49% 49 49 49% U‘s Cs It Pipe.. 29% 29*. 29 3 * 29% U 8 Indus Aiex> 124 117% 123 Worthington Pu .. ...* 85% Wooiworth Cos.. 63% 62% 63% 64% Am ‘ Tel * Tel.. 232 'i 231% 231% 231% Am Pr <b Lt.... 96% 95*. 96% 95 Eng Pub Serv.. 56% 55% 55% 56% Am For Power. 98% 97% 97% 97-a Am Wat Wks.. 106% 10.V,* 105% 105% Gen Pub Serv.. 45% 44Vi 45% 46 Col O & E.... 92% 91% 92% 91% Consol Gas 117 116 11] 115% Elec Pow & Lt.. 66Va 65% 66 65% lilt T & T 68 67% 67% .65% Nor Am Cos 108 107V* lOBV2 30c,a Pac Light 92% 91% 91% 90% Pub Serv N 94 93% 94% 93 So Cal Edison .. 64% 64V. 64j/a 64% Std Gas & E 1... 124 123 Vi 123% 122% United Corp .... 40®4 40V# 40 5 /8 40^# Utilities Power.. 37 36Va 37 36V* United G & Imp 40% 39 39% 59% West union Tel 213'i 212 212% '210% Am h ln P ti n Corp.. 43% 43% 43% 43 V* Am Ship & Coin ... l/p Atl Gulf ft W I 71% 69% 70 72% Inti Mer M pfd ••• ,27% United Fruit ...100 98 98 100 Vi Am Stig Rfff... 63 63 63 63 Vi California Pkg. .. ... .•• 22 Canada Dry .... 70V g 70% 70% il Corn Products.. 96% 95% 96% 96% Con Bak (A) .. 48% 47% 47% 4.% Borden 66V# 65 7 # 66’# 66 Cuban Am Sufcar BV> 8 8H 8 Grand Union ... 19Vz W'z 18*/a 19J 4 Grand Union pfd fOYe Jewel Tea ... ... **3 Kraft Cheese .. 46% 46% 46% 46% Kroger 42 41% 42 42% Loose Wiles .... 61 60% 61 ® 4 ’o Natl Biscuit ....207 207 207 207 Natl Dairy .... 50% 50% 50% 51 Purity Bak 85% 84% 85% 84% Loft 4% 4% 4% 4Vi Stand Brands. . 27” 27% 27% 27Vi ■Ward Baking B 6‘. 6Va 6% 6 Tobaccos — , Am Sumatra.... 25% 25% 25-i 25% Am Tob B 235% 234 235% 235 Con Cigars 53% General Cigar.. .. ... ... 58% Lig & Mvers.... 95 V* 94 95% 91% Lorillard ...... 24% 24% 24% 24% R J Reynolds.. 5a 54% 54% 55% Tob Products B • 4?i United Cigar 8t 7 7 .1 , 7 Schulte Ret Strs 10 10 10 10 *Ex-dividend $1.50.

Banks and Exchange

INDIANAPOLIS STATEMENT Ina.xnapolis bank clearings Feb. 14, $3,468,06' debits $4,055,000. CHICAGO STATEMENT By Unit and Press CHICAGO, Feb. 15.—Bank clearings $125,400,000; balances $91,100,000. NEW YORK STATEMENT By United Press NEW YORK. Feb. 14.—Bank clearings, $1,338,000,000; clearing house balance, $184,000,000; Federal Reserve bank credit balance, $169,000,000. TREASURY STATEMENT By United Press WASHINGTON. Feb. 14.—Treasury net balance Feb. 12. was $33,198,179.55. customs receipts tor the month to the same date totaled $14,511,500.01, government expenditures on Feb. 12, were $lO.735.343.20.

In the Stock Market

(Ey Thomson & McKinnon) NEW YORK, Feb. 14.—Assurance from the department of labor that shortly the country will be on a normal employment basis, coming as it does on the heels of generally improving business conditions, is but another indication of the recovery now underway in most lines. Although here and there spotty conditions remain we consider them relatively negligible by comparison to the improvement generally being shown. The moderate gain in brokers’ loans seems of little importance in view of the strength, wider interest and broadened activity in the market. If anything, the increase probably was somewhat smaller than had been anticipated. Tentative agreement by the Wabash to the commission’s consolidation plan calls attention again to the investment possibilities inherent in the shares of leading carriers, while the further developments in the public utility field suggest the continued attractiveness of the group. Everything considered, we feel that the market has far from exhausted the favorable external development, and other than for those readjustments which from time to time are nec>essary for the maintenance of a healthy technical condition, we see no reason for altering our favorable opinion of the outlook for the better class issues.

Investment Trusts

--Feb. 13Bid \sited. American Pounders, new 26% 27% Basic Industry Shares 8% 9% Corporate Trust Shares 9 9*4 Fixed Trust Shares A 20 Fixed Trust Shares B 18U Investment Trust of N T 11 % 12 Leaders of Industry 1 1% 12 N American Trust Shares.... 914 10 Petroleum Trading Corn A... 20 25 Revbsrn Cos 10 20 8 W Strauss Inv Cv Units 52 58 Trustee Std Oil Share ..... 11 11 % U S Elec Lt Sc Pvt Sh. A 29% 42% Marriage Licenses Albert Barnes, 28. of 807 Indiana, clerk, and Goldie Larterback. 30. of 1039 Coe. clerk. Edward Strong. 25, of 1335 Massachusetts, lanitor. and Pauline Zion, 21, of 517 North Spring. Theodore Rudd. 24, of 806 Highland, laborer, and Vivian E. Cray, 24. of 1436 West Twenty-second, clerk. ft Augustino A. Cornelia. 24. of Noolesville. merchant, and Anna Mascart, 21, of 630 Stevens. Clctis J. Kelsev. 25. of 242 Dorman, chauffeur, and Lillian M. Richardson. 25. of 525 North Temple. Building Permits Red. Whit- and Blu- Ice Company, repairing. 2217 Bethel. S3OO. Elizabeth Groninger, storeroom. 1137 Centra', *5.000. T. E. Grinslade. dwelling and garage. 2615 Marker *5.250. Anna M. William*, garage, 529 West Forty-second. $298.

THE INDIANAPOLIS TIMES

SLIGHT GAIN IS BAT'S FEATURE IN PORK TRADE Cattle Nominally Steady: Veals Unchanged at sls Down. Feb. Bulk. Top. Receipts. 7. $10.85 cl 11.10 $11.15 5,000 8. 10.90ff1E11.15 11.25 2.500 10. 11 00 b 11.35 11.35 3.000 11. 11.10 ft 11.45 11.45 5.000 12. 11.10" 11.45 11.45 5,000 13. 11.05® 11.40 11.40 3.500 14. 11.15Q11.54 11.50 4.500 Hogs moved up fractionally today at the Union Stockyards, gains generally ranging 10 cents higher The bulk, 160 to 300 pounds, sold at $11.15 to $11.50. Receipts were 4,500- holdovers, 462. Cattle were nominally steady, with recepits numbering 600. She stock was strong. Veals were steady at sls down. ' Calf receipts were 600. Sheep were steady with receipts of 500. Top lambs were sll. Chicago hog receipts were 32,000, including 12,00 directs. Holdovers were 7,000. The market held steady with Thursday’s average. A few bids and sales at $11.25 recorded on choice 120 to 210 pound weights; bidding sll to $11.05 on 230 to 235 pound weights and SIO.BO on 250pounders. Cattle receipts were 1,500; sheep, 10,000. —Hogs— Receipts, 4,500; mnrket. higher. Heavies, 300 lbs. up $10.63® 11.05 250-300 lbs 11.15 ft 11,25 Med. wts. 225-250 lbs 11.30 200-225 lbs 11.40 Light Wts., 160-200 lbs 11.50 Light Its , 150-160 lbs [email protected] Light wts.. 160-200 lbs [email protected] Packing sows 8.25® 9.50 —CattleReceipts, 600: market, steady. Beef steers. 1,100-1,500 lbs. good and choice [email protected] Common and medium [email protected] Beef steers. 1.100 lbs. down. good and choice [email protected] Common and medium [email protected] Heifers. 35Q lbs. down, good and choice ... 11,[email protected] Common and medium 7.500t}11.50 Cows B.oo@ 9.50 Common and medium . ..... 6.50 ft, 8.00 Lower cut'er and cutters 4.50® 6.50 Stocker and feeder steers. good and choice 9.00@!1.00 Common and meduim 7.00@ 9.00 —Veals— Receipts. 600: market, steady. Medium and choice sll.oo® 15.00 Cull and common [email protected] —SheepReceipts, 500; market, steady. Lambs, good and choice $10.50® 11.25 Common and medium 8.50® 10.50 Ewes, meduim to choice 4.sofa' 6.50 Cull and common 2.00® 4.50

Other Livestock By United Frees CHICAGO, ten. 14. —Hogs—Receipts, 32,000; including 12.000 direct; market steady to 10c lower; top, 511.35; pigs and medium quality light lights, 250.40 c lower; bulk 160-250 lb. weights, $10.85011.30; 260-350 ib. weights, $10.25010.75; butchers, medium to choice 250-550 lbs., $10.15010.£0; 200-250 lbs., $10,600 11.35; 160-200 lbs., 510.60®11.35 130-160 lbs., $0.60011.25; packing sows, $8.500.9.85; pigs, medium to choice, 00-130 lbs.. $90,10.50. Cattle —Receipts. 1.500. Calves—Receipts, 1,000; market generally steady to strong on steers and yearlings with lower graces showing most strength; shipers continue active; she stock weak; best yearlings, $14.60; slaughter classes, steers, good to choice, I, lbs.. *13.250 15.50; 1,100-1,300 lbs.. $13.25016; 950-1,100 lbs., $13.25016; common and medium 850 lbs. up, $8,250 13.25; led yearlings, good and choice. 750950 lbs., $13.2501(>; hellers, good to choice, 850 lbs. down, [email protected]; common and medium, $8012; cows good to choice, SBO 10.25; common and medium, $608.25; low cutter and cutter, $506.25; bulls good to choice beef, [email protected]: cutter to medium, $708.75; vealers milk fed, good to choice, $11(5-16.50; medium, $9.500 11; cull and common, $709.50; Stockers and feeder steers good to choice al weights, $10,500 11. common and medium. $8010.50. Sheep—Receipts, 10,000; market opened slow, bids and few sales steady; Indications bulk light lambs, $10.75011.25; best held above $11.75; fat ewes quotable steady; feeding lambs, strong; choice 6(5 lb. weighty, $10.25; iambs good to choice 92 lbs. down, $10012; medium, $9.75 @>10.50; cull and common, [email protected]; medium to choice. 92-100 lbs. down, S9O 11.35; ewes, medium to choice 150 ibs. down, $4.75@6; cul and common, $205; feeder lambs, good and choice, $9,250 10.35, ' By Tunes Kite rial LOUISVILLE. Feb. 14.—Hogs—Receipts, 700; market, steady; 250 lbs. up. $10.80; 165-250 lbs., $11.40; 130-165 lbs., $10.70; 130 lbs. down. $9.30; roughs, $8.80; stags, $8.20. Cattle—Receipts, 100; market, steady; prime heavy steers, $11012.50; heavy shipping steers, $10011; medium and plain steers, $8.50010; fat heifers, SBO 12; good to choice cows, s7@9; meduim to good cows, $5,500(7; cutters. $5.2505.50; cauners. $3.50@5; bulls, [email protected]; feeders. *8 010.75; stockers. $7.50011. Caives —Receipts. 200; market, steady; tops, $12.50; good to choice, $11012.50; medium to good. $9011; outs. $8 down. Sheep—Receipts, 50; market, steady: ewes and wethers, $10.50011; buck lambs, $9.50010; seconds, s6@B; sh<-ep. [email protected]. Thursday’s shipments—Cattle, 27; calves, 110; hogs, 165; sheep, none. B it United Press CINCINNATI. 0., Feb. 14.—Hogs—Receipts, 1,100; heldovers, 90; active, fully steady, with Thursday’s close, or steady to 10c higher than the average; bulk and choice. 170-230 lbs.. $11.75; around 250 lbs.. $11.35: 260-280 lbs., $11.25; bulk. 120-16 Q lbs., $11; pigs. 110 lbs. down. $10010.50; sows, $909.25. Cattle —Receipts, 350; calves. 225, steady; Improved feeling; good around 600 pounds yearlings, sl3; common and medium. $10011.50; beef cows. $708.50: low cutters and cutters. $4,750 6.25; bulk bulls, $7.50@9; vealers, steady; top. sls: bulk less desirable, $lOOl3. Sheep—Receipts, 150. steady; desirable lambs. sll down: choice. $11.50: throw outs and bucks. $8.50 /10: inferior down to $6; good light ewes. $5.50; common, $4 down. Bu United Press FT. WAYNE. Ind., Feb. 14.—Cattle—Receipts, 125; calves, 75; hogs, 600; sheep. 50: hoa market, steady; 120 lbs. down. $9.85: 120-140 lbs.. $10.35; 140-160 lbs., $10.85; 160-200 lbs.. *11.25: 200-225 lbs., $11.15: 225-250 lbs.. $11; 250-300 lbs.. $10.80; 300-330 lbs., *10.50; roughs, $8.50; stags. $6: calves, sls; lambs, $10.50. Bu United Press CLEVELAND. Feb. 14.—Hogs-Receiots, 1.400; holdover, 682: 150-260 lb. weights. $11.25 011.50. according to quality; mostly 10c lower: other steady; pigs, $10.75: sows. $8.50 0 8.75: stags, $6.500 6.75. Cattle—Receipts. 150; active, strong to higher trade or. small week-end run; bulk common steers. $10.50010.60: plain heifers, around. $10; fat cows. $709: cutter grades, ss@ 6 25. Calves—Receipts, 175: steady with Thursday's dull dose: better grade vealers. $16016.50: cull to medium. $100:15. Sheep—Receipts. 300; medium to good lambs. $10011.50. steady; choice offerings scarce, quotable higher; good fat ewes. s6' @7. B" United Press TOLEDO. Feb. 14.—Hogs—Receipts, 350: market. 100 15c lower: heavies. $lO 25@ 10.65; meduim. $11.25® 11.40; Yorkers, $10.500 10.75: pigs. *10.40 0 10.75. CattleReceipts, light; market, steady. Calves— Receipts light :raarket, steady. Sheep and lambs— Receipts, light: market, slow.

Local Wagon Wheat

Citv grain elevators are paying sl.ll for No. 2 red wheat and $1.07 for No. 2 hard wheat NEW YORK COFFEE —Feb. 13— High. Low. Close January 7.35 7.30 7.35 March 8 42 3.35 8.42 Mav 7.85 7.73 7.85 July 7.60 7.56 7.60 September 7.48 7.44 7.48 December 7.33 7.25 7.37 muncTe man speaker Charles E. Watkins in Address on Value of Craftsmanship, diaries E. Watkins, Muncie, who is assisting in the “Indianapolis Forward” movement, spoke on the value of craftsmanship at the Indianapolis Building Congress dinner in the Spink-Arms Thursday night. Technical night school vocational apprentices were guests at the dinner Robert Frost Daggett presided.

Produce Markets

Eggs (country run)—loss off delivered in Indianapolis. 30c: henery quality. No. 1 35c: No. 2. 27c; No. 3.20 c. Poultry i curing prices >— Hens weighing 4% lbs. or over, 24 %e; under 4% lbs.. 21c: Leghorn hens. 20c; springers. 5 lbs. OI over. 22c: under 5 lbs.. 20c: spring Leghorns, 15c; stags. 15c: cocks. 12@14c: capons, 8% !'os. or over. 29c: capons. 7Vn lbs or over 27c: capons and slips. 5 lbs. and over 25c: capons. 5 lbs. and under. 23t: ducks, full feathered, fat. whites. 15c. These prices are for No. 1 top duality, quoted by Klngan & Cos. Butter (wholesaleI—No. 1 —No. 1. 40®41e: No. 2. 39ft 40c. Butter—37c. Cheese (wholesale selling price per pound)—American loaf. 31c: pimento loaf, 33c; Wisconsin firsts. 27c; Longhorns. 24c: New York limberger. 36c. Bit United Press CINCINNATI. Feb. 14.—Butter—Steady; creamery in tub lots, according to score, 35ft 37c; common score discounted 2ft 3c; packing stock. No. 1. 22c; No. 2,18 c; No. 313 c: butterfat. 33b 35c. Eggs—Steady; cases Included; fresh gathered, 40c; firsts, 33c; seconds, 36c; nearby ungraded. 39c. Live poultry—Thin and coarse, stock sells only at heavy discount; fowls, 5 lbs. and over. 24c; 4 lbs. and over, 24c: 3 lbs. and over, 24c; Leghorns, 3 lbs. and over, 23c; roosters. 17c; stags. 21c; capons. 8 lbs. and over. 33c; under 8 lbs., 32c; slips. 21c: frvers, colored, over 3 lbs., 32c; 2 lbs. and over, 35c; broilers, lVa lbs. and over. 38c; 1% lbs. and over, 38c: Leghorn broilers. IV* lbs. and over. 30c; roasting chickens, 4 lbs. and over, 29c; black springers, 20c. Bit T it Press CLEVELAND. Feb. 14.—Butter—Extras, 40%c: extra firsts, 39Vft,39V*c. Eggs—Extras. 42c: firsts. 41c. Poultry—Fowls. 2847; 29c: medium, 27c. Leghorn, 24c; heavy springers. 27c; Leghorn springers, 20ft22c: ducks. 22ft 26c: old cocks. 18c: geese. 1845 22c. Poultrv—Fowls. 28 ft 29c; medium, 27c; Leehor:\ 2!c; heavy springers. 27c; Leghorn springers. 20ft'22v ducks. 22ft 26c: old cocks. 18c: geese. 18 Me. Potatoes—Ohio and New York. J4.25ft4.35 per 150-lb. sack; Maine Green Mt.. $4.35ft 4.50 per 150 lb. sack; Idaho Russet. $3.85i>4.15 per 100-lb. sack. Bn United Press NEW YORK, Feb. 14.—Flour—Quiet and steady; spring patents. $6.25416.70. Pork— Steady; mess, $28.50. Lard—Steady; middle west spot. $11.35ft 11.45. Tallow—Quiet: special, no extra. 7@7 l ,*c. Potatoes—Dull and easy; southern. $4ft8.50; state, $3.7545 4.60- Maine, [email protected]: Bermuda. s7@l3; Long Island. $1.50® 6.40 barrel. Sweet potatoes —Steady; southern, baskets, sl.l3(ft 150; Jersey, basket. 50c<@52.60. Dressed poultry chickens. 18ft 40c: capons, 28ft 43c; fowls, 18ft 35c; ducks, 144120 c: ducks. Long Island. 23ft 25c. Live poultry—Quiet: geese, 13ft: 23c ducks. 14ft 27c; fowls. 22ft 28c: turkevs. 204735 c: roosters. 18@19c; chickens, 21st 28c capons. 25ft 35c: broilers. 25ft 3dc. Cheese—State whole milk, fancy to special, 24ft'26c; young America. 21%@24%C. Bit United Press .. _ . CHICAGO, Feb. 14.—Eggs—Market, steady: receipts. 12.044 cases; extra firsts, 376c;' firsts. 36':-ft 37c; ordinaries, 33ft 35c: seconds. 31c. Butter- Market, easy: receipts. 9,358 tubs; extras. 36c; extra firsts, 35ft 35%c; firsts, 33ft 34%c: seconds. 31@ 32c; standards, 36%c. Poultry—Market, easier; receipts, 2 cars; fowls. 24c- springers. 27c: Leghorns. 22c: ducks. 17%ftl8c, geese 14c: turkeys. 25c; roosters. 19c. broilers. 27c; pigeons. 20c. Cheese—Twins, 19% ft 20c; young Americas, 21c. Potatoes—On track, 266: arrivals. 96; shipments. 923. market, dull; Wisconsin sacked Round Whites, s2.4oft 2.55: Minnesota ana North Dakota sacked Round Whites. $2.35 8 2.40, Idaho sacked Russets. $3ft3.25. Apples—s2.7sft:4.2s per box. western.

The City in Brief

The Fletcher Savings and Trust Company has been named administrator of the estate of Mrs. Ida F. Newman. The property amounts to about $13,000. Beneficiaries are the husband, John M. Newman, and four children, Charles F., 620 East Thirteenth street; Frank H. of Beaumont, Tex.; Mrs. Halbert J. Smith, 3963 North Pennsylvania street, and Mrs. Leslie C. De Wolf, Evanston, 111. Ignatius Dienhart, Lafayeete. and Donald Wood, Indianapolis, have been elected president and vicepresident of the Butler university council for the remainder of the school year. Indianapolis Catholic Dramatic Guild will present a drama, “Mr. Pim Passes By” at the Civic theater four days, beginning Feb. 22, it was decided at a meeting at the Severin Thursday night. Indianapolis Hebrew congregation will celebrate Lincoln’s birthday anniversary at the temple. Tenth and Delaware streets, tonight with Rabbi Morris M. Feuerlicht speaking on “The Religious Abraham Lincoln.” Children’s services will be held Saturday morning. In the Air Weather conditions in the air at 9:30 a. m.: Northwest wind, twelve miles an hour; barometric pressure, 30.25 at sea level; temperature, 27; ceiling unlimited; visibility, eight miles; field soft. Arrivals and Departures Curtiss-Mars Hill Airport—L. H. Rhiner, Kansas City to Chicago, Stinson Junior monoplane; J. R. O’Connell, Cleveland to St. Louis, J-6 Robin; C. C. Jacqua, Lowell, Mass., to St. Louis, Moth biplane; Carleton Putnam, passenger, O. P. Herbert, pilot, Columbus, 0., to Phoenix, Ariz., Challenger Robin; T. A. T. passengers included W. B. Washburn, R. D. Kirkpatrick St. Louis and A. B. Thompson of Cincinnati; Embry-Riddle passengers were H. G. Schmidt, Freeport, 111., and F. B. Hall, 5753 East New York street. Hoosier Airport—C. O. Bell, pilot, and two Goodyear Tire and Rubber Company officials, from Akron, 0., to St. Louis air show, Fokker monoplane. Capitol Airport—Ted Lundborg and Leon Dahlen. Lansing, Mich., to St. Louis. Skylark training planes; Glen Mohler and Brooks Bushong, Indianapolis to Muncie and return, Eaglerock biplane. Board to Visit Show The board of works today considered a motor trip to St. Louis to inspect Lambert field and visit the International Aviation Show within the next week. St. Louis has one of the newest modern fields in the country, it is said. The board would seek information which could be used in developing the local municipal airport. Seek Speed Record /?” Unit'd Frees NEWARK, N. J., Feb. 14. Lieutenants Will White and Clements McMullen started in a Lockheed Vega monoplane early today for Miami. Fla. They will attempt to establish anew New York to Buenos Aires speed record. Publishers on Long Flight By United Press SI7VILLE. Spain, Feb. 14.—Van Lear Black, Baltimore publisher, left for Alberia at noon today, continuing his flight from London to Tokio. The weather was excellent. Foundry Worker Killed By United Press LOGANSPORT, Ind., Feb. 14. HolUs More, 57, Negro, was killed instantly in a foundry when his skull was crushed by falling ir#n.

WHEAT OFF ON WEAK FOREIGN ORAINREPORTS Selling in Corn by Recent Buyers Attracts Some Attention. Bv United Press CHICAGO, Feb. 14. Wheat sagged heavily as the Board of Trade opened today, weak foreign cables being the most Important factor. Liverpool was weak early, strengthened and broke again while Buenos Aires fell gradually to vs cent lower just before noon. Absence of any exports this week is very depressing. Corn was off with wheat, but oats again showed resistance. At the opening wheat was % to l’s cents lower, corn was to •'Vi cent off and oats was % cent higher to Vs cent lower. Provisions were steady. Liverpool opened lower than expected. fell still lower and then recovered somewhat to stand % to cent lower shortly after noon. Traders continue their waiting attitude, supporting the market on breaks and offering freely on bulges. There were no reports of government buying Thursday, the prices being paid by mills being over that offered by the government. Selling by recent heavy buyers has drawn some attention to corn but the interest is below normal and outside buying is lacking. Sentiment is more mixed than for some time past. Nebraska is selling more freely. Oats trade is running rather light, for, while there is some demand for feed grain the uncertainty in. the other pits checks the activity in the futures. Chicago Grain Table -Feb. 14WHEAT— prev. HiKh. Low. 12:00. close. Mar 1.18% 1.17% 1.17% 1.18% May 1.22% 1.22 1.22>/ 8 1.23 July 1.33% 1.33 Va 1.33‘/ 8 1.24 CORN— Mar 87% 87% .87% .88 May 91% .91 Vb .91% .91 % July 93% .93 .93% .93% OATS— Mar 45 Va .44% . .44% .45% May 46% .46% .46% .46% July .45% .45% .45% .45% RYE— Mar 82% .82% .82% .82% May 83% .83% .83-% .83% July 84% .83% 83% .84% LARD— Mar 11.00 10.97 May 11.17 11.12 11.17 11.15 July 11.35 11.37 pit Times Rnccial CHICAGO. Feb. 14.—Carlots: Wheat, 17; corn, 428: oats, 63; rye, 2. and barley. 17. HOLD GENEVA NIGHT Sororities to Give Series of Dramatic Sketches. Sororities of Indianapolis will give the first group of Geneva dramatic sketches at the Meridian Heights Presbyterian church, Thirty-seventh street and Central avenue, Wednesday, Feb. 26, at 2:30 and 7:30 p. m. Profits obtained from the dramatic sketches will be used to send delegates to the annual Y. W. C. A. conference at Lake Geneva. Elma Rose Saliors is general chairman of the performances. Sororities to participate are Kappa Theta, Kappa Kappa Gamma, Delta Gamma, Alpha Chi Omega, Beta Tau Alpha, Alpha Delta Pi and the University Club. The winner’s cup will be awarded at the night performance.

FORD RIDES A HORSE But Henry’s Mount Is a Merry-Go-Round Steed. Bu I nited Press FT. MYERS, Fla., Feb. 14. Mouned on a shining white steep, Henry Ford took his first merry-go-round ride Thursday night. The automobile maker was a member of Mrs. Thomas A. Edison’s roundtable party, which spent the evening at the Lee county fair. In a gay mood he passed from exhibit to exhibit and then found himself among the side show attractions. Finally he yielded to Mrs. Edison’s persuasion and braved the merry-go-round. GOLF FEE IS 50 CENTS Uniform Rate Decided Upon for All Public Courses. The fee on all eighteen-hole public golf courses this season will be 50 cents, Adolph G. Emhardt, park board president, announced today. Nine-hole courses at Sarah Shank and Douglas park will continue at 25 cents with a $lO a year season ticket. Season pickets for the eight-een-hole courses are sls with a $25 fee for a ticket to all courses in the city. All eighteen-hole courses except South Grove had a 50-cent greens fee last year. TAFT IS MUCH BETTER Former Chief Justice Able to Sign Important Paper. 1 'WASHINGTON, Feb. 14.—William Howard Taft's physicians announced through the White House today there had been a decided improvement in their patient’s condition, and that Mr. Taft was able today “to sign an important paper.” Boy Accidentally Shot By Times Fneeial RICHMOND. Ind.. Feb. 14. Robert Bricker, 7. son of Mr. and Mrs. William Bricker, is in a hospital suffering from a gun shot in the leg inflicted by Russel Stevens, 9. a playmate at the home of his sister. Mrs. William Kyle. The Stevens boy picked up a repeating shotgun and when he stumbled the gun was discharged. Farm Agent Resigns By Times {special FRANKLIN. Ind., Feb. 14.-A. 8. Carter, agricultural agent of Johnson county for twenty-three years, has resigned to become Posey county agent at a salary increase of nearly SI,OOO a year.

Business —and — Finance

The annual report of the Link-Belt Company. made public by Charles Pier, chairman of the board, reveals the company experienced Its most profitable year in 1529. notwithstanding some recession in business during the last quarter of 1929 due to the stock market crash. Net income for the rear ending Dec. 31 after ail charges was $3,484,686. against $3,241,823 for the year 1928. Sales for the vear were $26,519,339. an increase of $3,281,130, or 14.11 per cen. over the 1928 total. Pamphlet report of Gillette Safety Razor Company for the year ended Dec. 31. 1929. shows net earnings, after ample reserves for taxes, depreeiaflon and all proper charges /or operation, of $13.581.683, equivalent to $6.47 a share on 2.100.000 shares outstanding during eleven months of the year. On Dec. 2, the company paid a 5 per rent stock dividend. Subsidiary companies not included earned $307,454 In 1929. Ludwig Bauman fz Cos. furniture chain store, reports sales of $553,968 for January. 1930, against $491,268 in January. 1929. For the period from July 1, 1929. to Jan. 31. 1930. sales totaled $7,686,874 against $6,810,016 reported for th*r corresponding period last year. An issue of $5,000,000 state of West Virginia 4 per cent and 4% per cent bonds is being offered today by the First National Bank. New York. Halsey. Stuart & Cos.. Bancamerica-Biair Corporation, R. V>'. Pressprich & Cos.. Geo. B. Gibbison & Cos.. Phelps. Fenu <fc Cos.. Balomon Bros. & Hutzler and Northern Trust Company of Chicago. The issues consist of $4,950,000 4% per cent bonds maturing Jan. 1. 1933, to 1952 inclusive, which are being offered at prices to yield 4.25 per cent, and $1,050,000 4 per rent bonds maturing Jan. 1. 1952 to 1955 inclusive, khich are being offered at prices to yieia 4.20 per cent. Net earnings of the Richman Brother* Company, Cleveland, manufacturers and retailers of men', clothes, in 1929. were $1,208,037 after all charges, including federal taxes, and before dividends, as against $3,571,146 In the preceding year. This is equivalent to $7.07 a share on the 594,769 shares of common stock outstanding Dec. 31, 1929. It compares with $6 a share earned on the basis of the same number of shares in 1928. Greyhound Corporation reported gross passenger revenue for the company lines between Chicago and New York of $407,517 against $325,643 for the same month last year, an Increase of $81,874 or more than 25 per cent. Greyhound Corporation operates the largest system of motor transportation lines In the country. Annual report of the Aldred Investment Trust for 1929 shows net profit, of $559,761 after provision for federal income cases compared with net profits of $145,836 for the thirteen months' period ended Dec. 31, 1928. Report of Commercial Credit Company and subsidiaries for the year ended Dec. 81, 1929, shows net operating Income of $6,254,112, after provision for bonuses, federal taxes and reserves. This is equivalent, after deducting small minority interest and all preferred dividends, to $4.48 a share on 1,003.684 average no par common shares outstanding during the year, and $4.33 a share on 1,037.952 shares outstanding at the end of the year. DETROIT, Feb. 14. —A selling group, headed by the Fidelity Trust Company of Detroit and Baker-Stmonds & Cos., oflered securities of the Yosemite Holding Corporation in line with expansion plans of that organization, Wheeler-Schebler Carburetor Company reports receipts of orders for tractor carburetors totaling $150,000 in the last thirty days. Indiana Rolling Mill Company, at Newcastle, had the largest month’s business in its history in January and reports an increase of 33 per cent in its working force. CHICAGO. Feb. 14.—Container Corporation of America reports that orders booked during January, for which actual specifications were received, totaled in excess of 22.900 tons. This represented an increase of approximately 7,000 tons over bookings and actual specifications for December and at the same time was slightly in excess of the January, 1929, tonnage. AGED MAN FAINTS AS JUDGE SAYS ‘GUILTY’ Evansville Poolroom Proprietor Convicted in Gambling Case. Bu United Press EVANSVILLE, Ind., Feb. 14. William Wooley, 63, Evansville poolroom operator, collapsed due to an attack of heart- disease as Circuit Judge Charles Bock pronounced him guilty on a charge of keeping a gaming house. The prisoner was carried from the courtroom in a serious condition. When Judge Bock said. “I find you guilty,” Wooley fell unconscious. His wife, seated near him, shrieked: “My God, you’ve killed him.” , The courtroom audience crowded to the rear windows and into the hall, was thrown into a panic, and deputy sheriffs and bailiffs struggled to keep the visitors from trampling one another. Wooley was fined SIOO and costs for keeping a gaming house in the rear of his poolroom. Police testified that he was operating a poker game. Wooley contended men in the back room were playing rhum, and that Police Chief Bell gave permission for the games.

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS New York Stock Exchange Chicago Stock Exchange New York Cotton Exchange Chicago Board of Trade New York Curb Aenocla'ion 300 Fletcher American Bank Bldg. Telephone Lincoln 5501

Ilie Best In Travel Service ■ When we speak of Travel Service we wl mean a great deal more than 'he selling of tickets. The fact that we are agents for all leading steamship lines—coupled gg*3|j with our years of experience—insures 10 y° u advice and help in planning your winter tour that will free your mind of worry and permit you to enjoy your trip. Our service includes every detail Lj incident to the planning and carry.ng out of your itinerary. / iFIr L — Whether you plan to travel immediXjS?Jf ately or not, we will gladly answer any question you may ask. RICHARD A. KURTZ, Manager Travel Bureau The Leading Travel Bureau of Indianapolis HUNION TRUST* Nffftfcfeg 120 East Market St* " HI ley 534|

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FARM BOARD TO TAKE ALL KINDS OF GRAIN LATER Market Expert Scope of Federal Group Will Be Increased. B il United Press ST. PAUL, Minn., Feb. 14 —VX J. Kuhrt, federal farm board markets expert, who will become general manager of the Northwest Grain Association Monday, said today the association will handle all kinds of grain, in addition to wo/at. The Northwest Grain Association, which will open offices in Minneapolis and Duluth, is the federal farm board regional marketing agency. Kuhrt told the Central Co-Opern-tive Livestock Association that his personal opinion was that the farm board eventually would seek- to stabilize all grain prices. He expressed the belief that wheat prices had been selected for stabilization now rather than other grains because wheat had been causing “trouble.” He explained that the Northwest Grain Association would take care of Wisconsin, Minnesota, the Dakotas and Montana as a regional grain association rather than the three previous types of co-opera-tives. These are the pools, the farmers’ elevators and the terminal marketing associations. “The new association alms to deal directly with the farmers through their local elevators,” Kuhrt said.

Indianapolis Stocks

—Feb. 14— . Bid. Afe. Amcr Central Life Ins C0..1.000 Belt R R <fc S Yds Cos c0m.... 64 64% Belt R R ft B Yds Cos pref.. 56 60% Bobbs-Merrill Cos 29 33% Central Indiana Pow Cos prei.. 90 95 Circle Theater Cos common.. .105 Citizens Gas Cos common.... 36 ... Citizens Gas Cos prof 94% 99% Commonwealth L Cos pf 8% 98% ... Commonwealth L Cos pf 7%.. 97% ... Hook Drug Cos common 47 51 Ind Hotel Cos Claypoo! c0m...125 ... Indiana Hotel Cos pref 100 Indiana Service Corp pref .... 80 Indianapolis Gas Cos common. 56% 61% Indpls Power & Lt Cos pfd...103 104'/ Indpls Pub Welf Loan As com 50 Indnls St Fly Cos pfd 28 30% Indianapolis Water Cos pfd.... 97 Interstate PSCopr 8% I, pf 87% 91 Interstate P S Cos pr 7% L pf. 100% 103 Metro Loan Cos 95 Northern Ind Pub 6% 0,0 pfd 95 99 Northern Ind Pub 7% Cos pfd 103 108 Progress Laundry Cos common 45% 49 E Katib & Sons Fer. Cos pfd.. 50 ...* Real Silk Hosiery M. Inc. pfd 90 ... Shareholders Investors Cos ... 24 ... Standard Oi! Cos of Ind ... 52% ... Terre Haute Trac At L Cos pfd 73 Union Title Cos common.... 59 Van Ccmp Prod Cos Ist pfd.. .. 98 Van Caran Prod Cos 2nd pfd. .. 98 •Ex-Dividend. —BONDS— Belt R R & Stock Cos 4s 90 Central Indiana Gas Cos 55.. 98 99% Central Ind Power Cos 6s ... PP Citizens Gas Cos 5s 101 103 Citizens Street Railroad 55.. 45% 50 Gary St Rv Ist 5s 72 Home T & T of Ft Wayne 6s. 102 Ind Northern Trac Cos 5s ... 3 t Ind Ry & Light Cos 5s 95 Indiana Service Corpn 5s .... 85 Indpls Power and Light Cos 5s 93% 98 Indiana Union Trac Cos 5s ... 5 Indpls Col &, So Trac 6.s 96 100 Indianapolis Gas Cos 5s 88 100 Indpls At Mart Rapid T Cos 5s 20 Indpls No Trac Cos 5s 9 13% Indpls North Western Cos 5s . 20 Indpls Street Rv 4s 42% 44% Indpls Trac A Ter Cos 5s ... 93'* Indpls Union Rv 5s -,.100% . . Indpls Water Cos 5%s 101 103% Indpls Water Cos 5s 92 Indpls Water Cos lien A ref. 92 Indpls Water 4%s 91% 93 Indpls Water W Sec Cos ss. 84 Interstate Pub Serv Cos 4%s 84% .. Interstate Public Service Cos 5s 06 Interstate Pub Serv Cos B 8%5.101 No Ind Pub Serv Cos 5s 97% ... No Ind Telegraph Cos 6s 96% T H. Ind A East. Trac Cos ss. 60 T H Trac A Light Cos 5s 88 it Union Trac of Ind Cos 6s 15 ... Sates— Indnls Street 4s, 1 bond 43 ...

We offer American Loan Cos. 7% Preferred and Common Stock First opportunity the public has hud to share in entire profits of the company. Non-Taxable Non-Speculative An unnsnal Investment yielding attractive quarterly income. Units . . 1 Share Preferred, 3 Share Common, SIJS Circular on Request Umphrey & Hartz 847 Bankers Trust Hlrig. Lincoln 8439