Indianapolis Times, Volume 41, Number 273, Indianapolis, Marion County, 26 March 1930 — Page 13

MARCH 26,1930.

STOCKS SLUMP AFTER BULLISH EARLY TRADING United States Steel Opens Strong; Sells Off at Noon.

Average Stock Prices

Average of thirty Industrials for Tuesday was 280 50, up 139 Average of twenty rails was 155.47, off .14. Average of twenty utilities was 99.81. off 1.24. Average of forty bonds was 95.80, off .10. By United Press NEW YORK, March 26—Marked irregularity developed on the Stock Exchange In the first half of the session today. After opening firm to strong under the lead of United States Steel, the list sold off when the premier industrial broke through its opening. General Electric forged to the front as a leader In the industrial group. The stock came out in long strings at steadily rising prices. After a string of small blocks, electric sold 6.000 shares at 79. A little block of 5.000 turned over at 79% and then came 35,000 shares at 80 where it was up 2 points. The latter transaction involved bunched orders and was worth $2,800,000. Oils Strong While accumulation of General Electric was in progress, distribution was noted in other sections of the market, the process making for a technical correction without the ordinary proceed lire of turning the entire market downward. The oils had strong generalship in Standard Oil of New Jersey, which made a new' 1930 top at 74 1 2 , up 7%, and the utilities, In Electric Power and Light, at 85, up 6, and anew top for the year. New' highs for the year also were made by such Issues as Commercial Solvents at 364. up 2 points; United Light and Power A at 40%, up 14, and Bullard at 68. up 3. Bullard has risen steadily from around 48 two weeks ago w'hen the company announced anew method for treating steel sheets through elimination of the former methods of pickling. Call Money Easy Vanadium rallied sharply from its dip Tuesday Around noon the stock was at 119%, up 54. Other gainers at this time included Westinghouse Electric 187. up 4%; American Can 148'.•, up 4: John Manville 133, up 24: Eastman Kodak 2404, up ’ •%. and United Aircraft 844. up 4. Western Union soared 7-4, to 134%. Canadian Pacific spurted more than five points to 214 to feature the railroad group where issues held firm despite poor showing in January. Call money renewed at 34 per cent and was in supply at that figure.

The City in Brief

THURSDAY EVENTS Advertising Club of Indianapolis, luncheon, Colombia Club. Indianapolis Engineering Society lunrheon. Board of Trade. American Business Club luncheon, Columbia Club. Real Estate Board luncheon. Chamber of Commerce. Sigma No luncheon. Eincoln. Cararan Club luncheon. Murat Temple. Sigma Chi luncheon. Board of Trade. Indianapolis Eumbermen's Club luncheon. Columbia Club. Madam Pearl Violctle Metzelthin of New York, member of the Women’s Radio Institute, will speak before the Advertising Club's Thursday noon luncheon at the Columbia Club on “Newest Trends in Radio Advertising—From the Women’s j Viewpoint.'' W r ives of members are invited to attend. Meeting of the Thirteenth Ward Democratic Club, which was to have been held Thursday night in Druid’s hall, 1234 South Meridian street, will be held Friday night instead, it was announced today. The Rev. Frederick R. Daries, pastor, will preach on “Barabbas or Christ,’’ at Lenten services at 7:45 tonight at the Zion Evangelical church. The Walker motion picture theater. 607 Indiana avenue, has been leased by the American Theater Corporation, anew company, for twenty years, Samuel J. Mantel, one of the directors, said today. The theater heretofore has been operated bv the Mme. C. J. Walker Manufacturing Company, In place of the regular weekly luncheon of the Exchange Club, members, families and guests will attend a dinner at the Lincoln Friday night at which Colonel Phillip Martindale, United States national park ranger and noted lecturer, will speak. Dean Stanley Coulter of Purdue university will be the speaker at the Caravan Club luncheon Thursday at Murat temple. Graduates and former students of the university have been invited to attend. Nelson C. Durand, vice-president of Thomas A. Edison, Inc., of Orange. N. J., and for twenty-five years closely associated with the inventor, was in Indianapolis Tuesday conferring with O. K. VanAusdall, Indianapolis representative of the Ediphone, and salesmen of the company. George A. Richardson of the Bethlehem Steel Company will give an illustrated lecture on the manufacture of structural steel shapes in Keiths theater. Monday night, March 31, 8:15. Admittance will ce by invitation. Lee Burns, architect, will speak on -Life in Old Vincennes' 1 at a meeting of the History Club at Butler tiniverslty Thursday evening at 7:30 :n Arthur Jordan hall. Building Permits Mr. Harnett, parage. 623 N. Temple. MOO. P ■ Sollare. addition. 1014 South Bella vieu. MOP. R. C. Vanhorn, garage. <l*s CarroUton. OH. Catherine Bockaeg. garage. Sll North Hamilton. *3OO Joseph SchmoiL reroof, 1218 North KUK. Ws® ■

In the Stock Market

IBy Thomson it McKinnon) NEW YORK, March 26.—Although the Washington correspondent of one of our leading financial papers conveys the impression that the reserve officials are perhaps somewhat concerned over the prospects of a resumption of large scale security speculation as a result of the continued policy of easy money conditions, leading local bankers apparently are not at all alarmed. The desirability of a buoyant securities market as an aid in bringing about an early revival of general business is widely conceded. With the welfare of the country as a whole at stake, we feel there are many reasons why, for the present at least, the possibility of a warning from the system either in the form of a statement or by a reversal of its present easy credit policy may be disregarded. It Ls being taken almost for granted that a further reduction in the rediscounting charge in the immediate future is not probable, even though another cut in the English rate eventuates. With such comfortable credit conditions as prevail at present, surely the need for a lower ridiscounting rate does not seem pressing and we feel that as a stimulant this action ls perhaps better postponed until the time arrives whep it would be of more actual benefit. With both the copper and oil situations showing such gratifying improvement, it should not be long until definite reports of generally better business conditions are heard, now that the major utility and railroad companies are about to embark upon the expansion and improvement plans outlined to the President last fall. We feel that the business skies are clearing and we look to the future with the utmost confidence.

UTILITY SHOWS LARGER INCOME Central Indiana Power Has 7 Per Cent Gain in Year. Operating revenue of the Central Indiana Power Company and subsidiaries for 1929 w r as $7,228,905.27, compared with $6,711,762.95 in 1928, an increase of 7.71 per cent, according to the annual report of the company received by stockholders today. Operating revenue for the year 1929 and the comparative figure for the year 1928 do not include gross revenue received from the sale of merchandise as reported previously to 1929. If the revenue from this phase of the business of the Company's subsidiaries had been included in the operating revenue for the year 1929. it would have added $402,157.03 to the amount reported. However, only the net revenue from the sale of merchandise by subsidiaries is included in the income account for the year 1929. The Central Indiana Power Company, which is in the group of public utility companies controlled by the Midland Company, through its operating subsidiaries serves 211 communities in Indiana with electric light and power, gas. water, ice, heating or interurban electric railway transportation.

Investment Trusts

Bid. Ask. Am Founders new 24 35 Basic Industry Shares 9% Corporate Trust Shares 9% 10 First Investment Corporation .. 11% Fixed Trust Shares A 31 % ... Fix Trust Shares B 19 ... Investment Trust of N Y 11% 12% Leaders of Industry 11% 12% No Am Trust Shares 9% 10% Power it Light Sec Trust 59 62 Reybarn & Cos 13 14% Standard Oil Trust Shares ..10 12 S W Straus Inv Units 52 58 Selected Amer Shares 7% 8% Trustee Standard Oil Shares.. 10% .. U S 7lec Lt it Pow Shares A.. 40% 42% U S Elec Lt L Pwr Shares B 11'. 12 Diverslged Trust Shares A 25% Diversified Trust Shares 8..... 21 21% Diversified Trust Shares C 9 9%

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings March 26, $2,811,000; debits. $5,969,000. CHICAGO STATEMENTS By United Press CHICAGO. March 26—Bank clearings. $79,600,000; balances. $5,500,000. NEW YORK STATEMENT By Unit> and Pn ss NEW YORK. March 26.—Bank clearings, $1.317.000.000; clearing house balance, 5195.000.000 federal reserve bank credit balance, $172,000,000. TREASURY STATEMENT By United Press WASHINGTON. March 26.—Treasury net balance on March 24 was $367,130.378.28: customs receipts for the month to the same date totaled $32,710,325.08: government expenditures on March 24 were $8,516,436.04.

Candidates

Filed at the Statehouse: Rav S, Sisson 'Rep.i. Decker, congress. Second congressional district. Lvnn A. Thompson (R'ip.). Monticello. prosecuting attorney. Thirty-nine judicial circuit. John W Shaffer I Rep.'. Worthington, representative. Greene county. Lawrence E. Carlson (Rep>. Huntington. prosecuting attorney, Huntington county. William t. Newbold <Dem.', Rushville, judge. Sixty-fifth Judicial circuit. Kenneth Carlton Carr iDem.l. Vincennes. representative, Knox countv. Joseph Nexon (Rep ), Linton, representative. Greene countv. William R. Laswell 'Rep.i. Evansville, representative. Vanderburgh county. Martin N Hoffman 'Dem.'. Monroeville, representative. Allen county. Donald F. Roberts ißep.i. Indianapolis, judge Marion superior court five Jurison L. Stark 'Rep.'. Indianapolis, prosecuting attorney. Nineteenth Judicial circuit. Silas Wogoman (Rep Richmond, Jointrepresentaiive. Wayne and Union. Harry L Crumpacker 'Rep.'. Michigan City, judge La Porte and Porter superior court. Frank W. Carr (Dfra.l, Charlestown, joint-senator. Ohio. Jefferson. Clark and Sit itrerland. James R. Duncan 'Rep.'. Evansville, congress First congressional district. Samuel D. Jackson (Dem.i, Ft. Wayne. Judge Thirty-eighth judicial circuit. Edgar B. Smith (Rep ). Evansville. Jointsenator. Posev, Vanderburg and Warnck. Walter J. Bixler Rep ). Peru, prosecutor attorney. Fifty-first Judicial circuit. Harrv Taylor (Rep. . South Bend, prosecuting attorney. Sixtieth judicial circuit. William H. Harter < Rep.i. Princeton, representative. Gibson county. John C. Gorman tDero.). Princeton. Joint-senator. Gibson and Pike Ernest E. Kellogg. (Rep.'. Indianapolis, representative Marion county. Hsrzie B. Pike. (Rep 1, Indianapolis. Judge Marion superior court 3. Roscoe R. Reinebold, Dem South Bend, representative St Joseph county. Robert A. Carnahan. (Rep.). Washington. representative Daviess county. George G. Humphreys. Dem !. Linton. Judge Sixty-third Judiciary circuit. Ravmond A. Brooks. ißep.'. North Manchester. prosecuting attorney Wabash county C. Prank MeCallie. 'Rep.'. 6clplo. repreaentative Bartholomew county. Asa Osborn. 'Rep.i. Covington, prosecuting attorney Sixty-first Judicial circuit. Rue’ H Cain. (Dem.i. Lebanon, prosecuting attorney Twentieth judicial circuit. Hardin S. Linke, (Dem.). Columbus, representative Bartholomew county. x. "f

ADVANCE MADE BY PORKERS IN LOCAL TRADING Steady to Higher Prices Are Featured in Cattle Market. Mar. Bulk Top. Receipts. IS. $lO 20. 10.25iU10.75 10.80 5.000 21. 10.25 ft 10.75 10.75 4,500 22 10 40'-/ 10.90 10.90 2.000 24 10 30€ 10.80 10.80 4,000 25. 10.20®. 10 JO 10.70 4.000 26. 10 45*110.95 11.00 2,500 Hogs were generally 25 cents higher today at the Union stockyards, prices for the bulk, 150 to 275 pounds, ranging from $10.45 to $10.95. Top price paid for a few small lots was sll. Receipts were 2,500; holdovers, 222. Slaughter classes were strong to higher in the cattle market. A few early sales were made at $12.50 to $13.15. Receipts stere 800. Vealers were steady at $13.50 down, receipts numbering 400. Sheep were nominal with receipts of 50. Chicago Jiog receipts were 14,000, including 3,000 directs. Holdovers were 7,000. Today’s market was about steady with $10.75 paid for 170-pound weights. Cattle receipts were 6.000, sheep 13,000. —Ho**— Receipts, 2.500;, market, lower. Heavies, 300 lbs. up $ 9.95010.25 250-300 lbs 10.35fe10.45 Med. wts., 225-250 lbs 10.60 220-225 lbs [email protected] Light wts.. 160-200 lbs 10.85#11.00 Light Its.. 130-160 lbs 10.25010.75 I/cht wts.. 160-200 lbs 9.25fe10.25 Pa king sows 8.25@ 9.25 -CattleReceipts. 800; market, steady. Beef sters. 1,100-1.500 lbs. .... good and choice $11.75*5.14.50 Common and medium ....... [email protected] Beef steers. 1,100 lbs. down. good and choice [email protected] Common and medium [email protected] Heifers. 850 lbs. down, good and choice [email protected] Common and medium 7.50fe11.50 Cc*ws. good and choice B.oo@ 9.50 Common an dmeduim 6.25® 8.09 Lower cutter and cutters 4.50® 6.25 Stocker and feeder steers. good and choice [email protected] Common and medium [email protected] —Vealcrs— Receipts. 400; market, steady. Medium and choice 5 [email protected] Cull and common 5.50® 9.50 —Sheep— Receipts. 50: market, steady. Lambs, good and choice [email protected] Common and medium B.oo@ 9.50 Ewes, medium to choice 4.25® 5.50 Cull and common 2.00@ 4.25 Other Livestock By United Press CHICAGO. March 26.—Hogs—Receipts. 14,000, including 3.000 direct; market uneven, mostly steady; spots 10c higher on weighty butchers; top. $10.60; bulk. 160-240-lb. weights $9.90*5.10.50; 250-360-ib. weights. $9.25*19.90; butchers medium to choice. 250-350 lbs.. $9.25*/10; 200-250 lbs.. $9.60*1 10.60; 1601200 lbs.. $9.75® 10.60; 130160 lbs.. $9.60*1,10.50; packing sows, sß® 9: pigs medium to choice. 90-130 lbs.. $9 @lO 25. Cattle—Receipts. 6,000. Calves— Receipts. 2, 500; usual storm market, asking sharply higher; most early sales steady to strong, instances higher on limited supply that exactly meets trade requirements; best heavy streets, $lO.lO early; slaughter classes, steers good and choice 1 300-1.500 lbs.. $12.75*/ 15: 1.100-1.300 lbs.. 512.75fe 15: 950-1,100 lbs.. $12.505<15; good and medium 850 lbs. up. $9.25*/ 12.50; fed yearlings good and choice. 750-950 lbs., $12.50*515; heifers good and choice 850 lbs. down. 51i.50fe13.75; common and medium. $8®11.50; cows, good and choice, $7.50@10: common and medium. $6.25*/ 7.50; low cutter and cutter $5fe6.50; bulls good and choice beef. sß*7 9.25; cutter to medium. $6.50@8: vealers milk, feds good and choice. *9.50@14: medium, [email protected]; cull and common, s7@B: stokers and feeders steers good and choice all weights [email protected]; common and medium. $8.25@ 10.50. Sheep—Receipts. 13.000: no early sales, talking steady: indications bulk fat lambs around. $9.5005 10; fat ewes quotable strong; feeding and shearing lambs nominal: lambs good and choice 92-lb. down. $9.50010.40; medium. 59.2559.75; cull and common. $8.50fe9.25; medium to choice. 92-100 lbs. down. $9*510.10; ewes medium to choice 150 lbs. down. $5(5 6.25; cull and common. $2.50*7 5.25: feeder lambs good and choice. $9.35*710.10. By Times Special LOUISVILLE. March 26.—Hogs —Receipts. 500; market 15c higher; 300 lbs. up. $8.90: 225-300 lbs.. $9.75; 165-225 lbs., $10.55; 130-165 lbs., $9.65; 130, lbs. down, $7.75- roughs, $7.20; stags. $6.60. CattleReceipts, 200; market, steady; prime heavy steers. sll*/12.50; heavy shipping steers. $10*511: medium and plain steers, $8.50 *7 10; fat. heifers, SBfel2: good to choice cows. 56.50*/8 50; medium to good cows. $6*76.50; cutters, ss*7 5.50: canners, $3.50 fe4.75: s6*7 8.50; feeders. $8fe10.75: Stockers. s7.sofe 11; calf receipts, 200; market, steady: tops. $11; good io choice. $9.50*/; 11; medium to good'. $7*59; outs. $6 down. Sheep—Receipts, 50; market, steady: ewes and wethers. slo@ 10.50; buck lambs, lambs. $9*7,9.50; seconds. [email protected]; sheep, $4.50fe5.50. Tuesday’s shipments—Cattle, none; calves, 105; hogs. 70, sheep, none. By United Press EAST BUFFALO, N. Y.. March 26.--Hogs Receipts. 700; holdovers, 300; weights below/ 210 lbs., active to all interests. 10@20c over Tuesday's average; heavier weights about steady, bulk 130210 lbs.. $11.25: few, 5>11.35; 210-250 lbs., $10.50*511:300 -lb. butchers. $10: packing sows. $8.75*j9.25. Cattle—Receipts, 100; vealers. unchanged, good to choice, $14.50 @ls: common and medium. s9fel2. Sheep —Receipts. 600: lambs strong to 25c higher; demand Improved; quality plain; medium and good woolskins. slo*7 10.50; choice handy weights, quote, $lO./s*jll; shorn lambs, $9.75. Bu United Press CINCINNATI. March 26.—Hogs—Receipts. 4.900: including 4.400 direct: heldover. 200; good and choice butchers, scaling. 160-225 lbs.. 15c higher at mostly $10.75: others, steady; few 230-250 lbs.. $10.25® 10.50: heavier weights. $lO down: bulk. 120-150 lbs.. $10.25: most sows. $8*58.50; few. $8.75. Cattle—Receipts. 150: calves. 350; steady; desirable around 700 lbs., yearlings. $11.50: others down to $lO or under; beef cows. $7*78.50; low cutters and cutters, $4.75® 6.50: bulls. $7*78.50; vealers. steady; top. $13.50; bulk less desirable. $8*111.50. Sheep —Receipts. 75: steadv, good and choice, shorn lambs. $9*59.75; wool skins, neglected; common and medium. s7® 8.75; choice light ewes, $6. By United Press TOLEDO March 25.—Hogs—Receipts. 400; market steady to 10c higher, heavies [email protected]; mediums. 10®10.z5; vorkers, [email protected]: pig.;. slo® 10.25. Cattle—Receipts. light; market, steady. Calves—Receipts, light; market, steady. Sheep—Receipts, light; market, slow, Bu United Press EAST ST. LOUIS. 111.. March 26 —Hogs —Receipts 1.500; market, slow; 10*7 20c higher: 160-210 lbs.. $10.50*710.55: 240-250 lbs.. $10.10*710.25: sows $8.60*/8.75. Cattle —Receipts 2.000. Calves—Receipts, 700: market, vealers, 50c higher at sl4: other classes steadv with snots stronger on steers: top yearlings. $33.50; other sales, $lO 65*7 13. Sheep—Receipts. 500: market indications steady; no early sales. Bu United Press PITTSBURGH. March 26.—Hogs—Receipts. 1.200: market. 20c higher. 150-210 lbs.. $11.25*711.30; 220-250 lbs.. $10.75-: 11.15 : 260-300 ibs. $10*710.50: 100-130 lbs.. $10.75011: sows. $8.75*i9.25. Cattle—Receipts. none. Calves—Receipts. 150: market, steadv; top vealers. $14.50. SheeD —Receipts. 600: market, steadv; bulk clipped lambs. $9 3 9.75; shorn aged wethers. [email protected]. Bu United Press CLEVELAND. March 26.-Hogs—Re-ceipts. 2.400; holdovers. 67; most desirable weights. 105?20c higher: over 300 lbs.. $9.75; pies. $10.50; rough sows. $8.75: stags. $6,75. steadv bulk 170-210 lbs.. $11: 220240 lbs. $10.50 7.10.75; 250-300 ibs.. $10.25. Cattle—Receipts. 200: strong to mostly 25c higher, bulk common. $10.40*710.35: (at cows. $6.50*7 8.50: cutter grades largely. $5 @6.25. Calves—Receipts. 550: mostly steadv. spots 50c higher: common to good kinds. *10.50 313.50: good to choice. sl4 50 @ls: few. *15.59. Sheep—Receipts. 1.000: steadv. desirable clipped lambs. *9.25'* 9.50; bulk. $9 down, lacking quality; voolslcins and sheep scarce.

Cash Hay

Indianapolis hay prices, i. o b country points with freight rate to Cincinnati or Louisville. 23’; cents or less: No. 1 timothy. $12.50; No. 2. $11.50; No. ?. $10: No. 1 light tiovtr mixed. $11.50; No. 1 clover mixed, f 11.50; No. 1 clover. $10.50.

THE INDIANAPOLIS TIMES

New York Stocks

(Bv Thomson A McKinnon)"

—March 26 Prev. Railroad*— High. Low. 13:00. close. Atchison 236% 236 % At! Coast Lane .. ... ... 1/5*4 Balt it Ohio 11954 119% 119% 119% Canadian Pac ..215 209 % 214 208% Chesa it Ohio 233% 232% Chesa Corp .... 75% 75% 75% 75 Ch; it N West 86% 86% Chi Grt West 13% 13% CRI&P 122% Del & Hudson 17g 176 Dei it Lacka ... ... I**% Erie 59% 59 59% 68% Erie Ist pfd 66% Grt Nor 101 100% Gulf Mob it Oil .. 42% 111 Central ... 129% 130 Lehigh Valley 80 Kan City South 80% Lou it Nash 135 Mo Pac 93 M K & T 61% 60% 61% 61% Mo Pac pfd ... 140 140 N Y central ..189 187% 189 187 N Y C & St L 139 NY NH & H. .124% 121% 124% 124% Nor Pacific .... 94% 93% 94% 93 1 4 Norfolk it west 260% 260 % 260% 259% O it W 15% 15% Pennsylvania .. 84% 83% 84% 83% Reading ... 126% 126% Southern Rv ....130% 130% 130% 130 Southern Pac ... ... 124 St Paul 23% 23% 23% 24 St Paul Dfd 42 41% St L& S W..., 68% 68 68% 67 4 St L it S F 115% 115% Union Pacific ... 237 237% West Maryland.. 31% 30% 30% 30% Wabash 60 V* Rubbers— A|ax 2 2V Fisk .. .3% 3% Goodrich 57% 57% 3<% o 7 Goodyear 95 94% 95 94% Kelly-Spgfld 5 Lee 10'.% United States... 30% 30% 30% 30% Equipments— Am Car St Fdv 67% Am Locomotive.. .. 82% Am Steel Fd.... 50 49% 50 49% Am Air Brake Sh 53 Man Elec Sup.. 36% 36% 36% 37 General Elec.... 78% 77% 78% /8 Gen Rv Signal.. .103% 102% 102% 105 * Gen Am Tank..lC6% 106 106% 105% N Y Air Brake.. 44% 44% 44% 44% Pressed Stl Car If ls% Pullman 82% 82% Westlngh Air B: ... 46% Westingh Elec .185 183% 184% 182% Steels— Am Rol Mills.. 92% 91% 92 91% Bethlehem 107% 1075s 107% 107% Colorado Fuel... 67% 67 67 % 67% Crucible 90% 88% 90% 88 ‘4 Gulf States Stl 74 72 Inland Steel ... 95 94% 94 94% Otis 3541 Rep Iron & Stl 75% 75 75% 74% Ludlum ....... 41 40% 41 40% Newton 57% SB's 56% 55% U S Steel. 192% 190% 190% 190 Alloy 33% 32% Warren Fdy 32% 82% Youngstwn Stl 147 147 Vanadium Corp 122 116% 121% 114 Motors— Am Bosch Mag , .• • 51 Briggs 20% 20% 20% 20% Brockway Mot.. 18% 18% 18% 18 Chrysler Corp.. 39% 38% 39% 38% Eaton Axle 34% 34% Graham Paige.. 10 9% 10 10 Borg Warner... 47% 47 47% 47% Gabriel Snubbrs , 8% General Motors 48 47% 47% 47% Hudson 56 56 Hayes Body Cor 11% 10% 11% 10% Hupp 21% 21% Auburn 247 246 246 248 Mack Trucks.'. 85 84 Vs 85 84% Marmon 27% 27 27 27 Reo 14% 14 14 14% Gardner 5% Motor Wheel 30% 30% Nash 46 * a 46% Packard 22% 22% 22% 22% Peerless % Pieree Arrow 25% Studebaker Cor. .. ... 41% 41 < Stew Warner .. .. - ■ .... *o'.4 Timken Bear .. 82% 82% 82% 82 Willys Overland. 9% 9% 9% 9% Yellow Trk 8... 23 22% 32% 23 White Motor 36% 36% Mining— Am Smelt St Rig 75% 74% 75% 74 % Am Metals 47 46% Am Zinc 14% 14 Anaconda Cop.. 76% 75% 75% 75 Oalumet it Aria. 84’a 84 84% 84 Calumet St Hecla .. ... 29 29 Cerro de Pasco.. 63% 63% 63% 63% Dome Mines 9 o'a Andes 34% 34% Granby Corp ... 57*% 57% Gt Nor Ore 24% 24 24 24% Inspiration Cop 38y 28% Howe Sound ... 39% Int Nickel 42 41% 42 41% Kennecott Cop.. 59% 58% 59% 58% Magma Cop ... ... 51 Miami Copper.. 30% 30% 30% 30% Nev Cons 29'% 29% 29 % 29 Texas Gul Sul .. .. ... 65% 65% St Joe 55% 53 54% 54 U S Smelt 35% 34% 35% 39% Oils— Atlantic Rfg ... 48% 47% 48% 49% Barnsdall (A)... 30 29% 29% 29 Freeport-Texas . 48% 43 48% 47% Houston Oil ...102 99% 102 101 Indp Oil & Gas 27% 27% 27% 27% Conti Oil 27% 27 27% 26 % Mid Conti Petrol 31% 31% 31% 31% Lago Oil & Tr 25% Pan Am Pet B ... ... ... 55 Phillips Petrol.. 39 38% 38% 38% Prairie Oil 49 49 49 49 Union of Cal 46 Prairie Pipe ... 55% 55% 55% 56 Pure Oil 24% 24% 24% 24% Royal Dutch .. 53 52% 53 25% Richfield 26% 26 26 26% Shell 24 23% 24 23% Simms Petrol... 35 34 34% 35 Cinclair Oil ... 27% 27% 27% 27% Skelly Oil 35% 35% 35% 35% Std Oil Cal 6% 66% 66% 65% Std Oil N J.... 74 73% 74 72% Std Oil N Y ... 35% 35% 35% 35% Tidewater 15% 15% 15% 15% Texas Corp .... 58 58 58 58 Texas C & 0... 13% 13% 13% 13% Transcontl .... 20% 20% 20% 20% Industrials— Adv Rumiey .. 19% 19 19% 19% Allis Chalmers. . 64% 64% 65% 64% Allied Chemical. 286 286 286 385 A M Byers 108 106% 108 105 Armour A 8% 7% 8 7% Amer Can 149% 148 148% 147% Alleghany Corp 31% 31% 31% 31% Am Ice 41% 41 41% 41% Am Wool 15% 15 15% 15 Assd Dry Goods 42% 42% 42% 42 % Bon Alum 57V* Coco Cola 173% 173% 373% 173 Conti Can 69% 69% 69% 69% Certainteed 13% Crosley 18 Congoleum 18% 18% 18% 19% Curtiss W 12% 13% 12% 12% Davidson Chem.. 42% 42% 42% 42% Dupont 138% 137% 138%. 137 Famous Players. 75% 75% 75% 75% Gen Asphalt.... 69% 68% 69% 68 Fox A 29 % 28% 28% 29% Gold Dust 41% 41 41 41% Glidden 36 36 36 36 T Int Harvester... 95 93% 94% 93 Kelvinator 23% 23% 23% 23% Lambert 105% 105% 105% 106% Loews 75 74% 75 75 Mav Stores 54 Vi 54% 54% .... Kolster 5% 5% 5% 5% Montgom Ward. 40% 39% 40 39% Natl C R 64% 64 64% 65 Radio Keith.... 354a 35 35% 35% Owens Bottle ... ... 58% Radio Corp 50% 49% 50 49% Real Silk 64% 63% 64% 64 Rem Rand .... 39 38% 38% 39 Sears Roebuck.. 88% 88 88% 87% Servel Inc 12% 12% 12% 12% Union Carbide 100'* 99% 100% 99% Warner Bros .... 7% 77% 77% 77% Un Air Craft.. 85 83% 84% 83% USCs Ir Pipe 34% 33% 34% 35% U S Indus Alco 105% 105% 105% 105% Worthington P 130% 130 130 130 Wooiworth Cos.. 63 62% 63 63 Utilities — Am Tel it Te1..243 246% 247% 247% Am Pr it Lt. ...113% 112% 113*% 111% Eng Pub Serv.. 58% 57 38% 57% Am For Power.. 87% 87% 87% 87% Am Wat Wks..lo9\ 109 109% 109% Gen Pub Serv 42% Col G & E.... 96% 95% 96% 95% Consol Gas 120% 120% 120% 120 Elec Pow & Lt.. 85 83% 84 79 Int Tft T 62% 62% 62% 62% Nor Amer Cos. ..120% 120% 120% 120% Pac. Light 100 99% 100 99 Pub Serv N J.. 102% 161% 102% 101% So Cal Edison.. 63% 62% 62% 63% Std Gas it E1..11l 110% 1110% 111% United Corp .... 40% 39 3 i< 40 39% Utilities Power.. 40% 39% 40% 39% United G it Imp 39% 38% 39 38 West Union Tel 183 180% 183 177 Shipping— Am Int! Corp.. 48 47% 48 47% Am Ship it Com 1% 1% 1% 1% At! Gulf & W I 69% 69% 69% ... Int! Mer M pfd. 27% 27% 27% 28 United Fruit ..91 91 91 90% Foods — Am Sug Rfg.... 69% 69% 69% 68% Cudahy 47% 46% 47 45 Canada Dry .... 74% 74% 74% 74V* Corn Products.. 95 94 % 95 95 Cent Bak (A).. 42% 42% 42% 42% Borden 76% 76% 76% 76 Cuban Am Sug Grand Union p ... ... 42% Kraft Cheese .. 47% 47% 47% 47 ' Kroger 39% 39% 39% 39% Loose-Wiles .... 65 % 64% 64% 66 % Natl Biscuit 89% 89% 89% 88% Nat! Dairy .... 51% 51% 51% 51 Vi Purltv Bak .... 75% 75% 75% 75% I/Oft 4% 4% 4S 4% Gen Foods .... 48 4|% 4/% 48% Stand Brands.. 23% 23% 33% 23% Tobaccos— An Sumatra *B% An Tob B 244% J 4! 344% 240% Con Cigars §7% General Cigar 60 Lig & Mvers... .110% 110% 110% 109% Lorlllard ' 26% 25% 26% 25% R J Reynolds.. 56% 55% 56% 55% Tob Prod B 4% United Cigar St 6% 6% 6% ... Schulte Ret Stri 8% NEW YORK COFFEE RANGE —March 35 High. Low. Close. January 7.67 7.67 7.67 March 7.68 7.57 7.57 May 8.60 8.50 8.50 Julv 828 8.18 8.18 September 8.00 7.94 7.94 December ............ 7.81 7.74 7.74

BEARISH NEWS LOWERS WHEAT FUTURES EARLY Large Export Offerings From France Are Factor. Bu United Press CHICAGO, March 26. Wheat opened unevenly lower on the Board of Trade today with preponderance of the news bearish, Liverpool was depressed on offers from France, that country having between 8,000,000 and 16,000.000 bushels to export, it is estimated. Buenos Aires opened sharply lower, losing more than 1 cent, but recovered strongly to stand unchanged at % cent lower just before midday. Selling was scattered with moderate buying. Corn was unevenly higher to lower with oats easy. At the opening wheat was % to 1% cents lower, corn was % cent lower to % cent higher and oats was % to Vs cent lower. Provisions were steady. Liverpool declined heavily_ during the morning, but rallied to 1% cents lower at midafternoon. This and the heavy tone at Winnipeg last night are bearish influences. The prevailing storm has curtailed interest from outside in the market, but will probably be corrected. Temperatures in the southwest generally are below freezing and some points stil lare in need of moisture. Reactions in corn are felt from time to time as wheat declines, but they meet support from bulls in that pit. Stocks at terminals and visible supplies are extremely small with receipts continuing very light. Oats is without special feature, taking its cue from corn and wheat. Chicago Grain Table —March 26WHEAT— Prev. High. Low. 12:00. close. May 1.09% 1.07% 1.08% 1.08% July 1.03 V, 1.04% 1.05% 1.05% Sept 1.03% 1.06'% 1.07% 1.07'% CORN— May 84% .84 .84'% .84% July ........ .86% .85'% .86 .85% Sept .86% 85 % -86 .85% OATS— May 43% .43% .43% .43% July 43% .43 .43% 43 'i Sept 42% 42% .42% ,42% RYE— May 62% .61V, .62 Vi .61% July 67% .66% 67Vi .66% Sept 71% .70% LARD— May 10.25 Julv 10.50 10.47 Sept 10.70 10.67 py Times ftoecial CHICAGO. March 26. Carlots; Wheat, 2; corn. 54; oats, 16; rve, 10. and barley. 3.

BUTLER IS DEFENDED Athletic Plant Built for Future, Officials Say. Discussion of the recent expulsion of Butler university from the North Central Association of college, and secondary schools featured the testimonial dinner tendered members of Coach Paul (Tony) Hinkle’s 192930 Bulldog basketball team Tuesdaynight at the Indianapolis Athletic Club. Peter C. Reilly and Arthur V. Brown, members of the school’s board of trustees, both stated that the local school is subordinating its athletic activities to academic interest and is paying as little attention to athletics as any other school. They stated, that the large athletic plant of which the association complained was built with an eye on the future. Friar Hunt. New York writer; Albert Stump, local attorney; Athletic Director George (Potsy) Clark, Coach Hinkle, Freshman Coach Robert Nipper, Frofessor Henry Gelson of the Butler faculty and Henry Goett, Inidanapolis city clerk, were other speakers on the program. More than a hundred fans and athletes attended. ‘KEEPING LIQUOR FOR FRIENDS’ ALIBI FAILS Didn’t Know She Violated Dry Law, Woman Tells Officials. Belief that “it ain’t no sin. to keep gin” was shattered today for Mrs. Pearl Willis, Negro, 1537 North Arsenal avenue, after she was bound over to the federal grand jury Tuesday afternoon on a charge of liquor law violation. She told John W. Kern, United States commissioner, two of her "gentlemen 'riends” obtained her permission to conceal in her house liquor which later was found by police and federal agents. “It wasn’t my whisky judge,” she declared. “I didn't know you couldn’t do that.” Her “friends” were John Carpenter and William Woods, Negroes, who vere given sentences of sixty and thirty days, respectively, in municipal court Tuesday for liquor law violation WAR FLIER TO SPEAK Fraternity Alumni Group to Hold Dinner at Columbia Club. John A. Bruhn Is chairman of the arrangements committee for the an-

nual dinner of the Indiana Alumni Association of Delta Kappa Epsilon Friday night at the Columbia Club. Captain H. Weir Cook, Indiana world war ace, will be the principal speaker and approximately 10 0 men from all parts of the state are expected to attend. The varsity Red Hots will provide music. The state

John A. Bruhn

dinner has been an annual event for forty years. R. B. Orr is president of the association with Russell Langsenkamp as vice-president and Bruhn as secretary.

Business and Finance

A reduction of 10 per cent on all round trip passenger fares was announced Tuesday by the T. H., I. & E. Traction Company. The reduced rate applies between all stations on the company’s lines. The banking group which carried out the first public financing for the Australian City of Svndney In this market two weeks ago in the form of an issue of $5,000,000 twenty-flve-vear 5% per cent sinking fund gold bonds announces that it has placed an additional $5,000,000. thus completing the sale of the whole $10,000,000 authorized bv tWe Municipal Council. This group ls composed of Bancamertca-Blalr Corporation. E. H. Rollins & Sons and Halsev. Stuart & Cos.. Inc. The bonds were offered at 90 and interest to yield about 6.30 per cent. Dollar sales of the Jantxen Knitting Hills for the six months ended Feb. 28, 1930. beinr the first six months of the company's fiscal year, totaled 13.191.9(H). This is an increase of $686,111 or 27.3 per cent over sales for the six months period ended Feb. 28, 1929.. The consistent Increase in the company's dollar sales has been marked. Sales for the first six months to Feb. 28. 1930, were 5.77 per cent in excess of dollar sales for the full fiscal year ended Aug. 31, 1928 : 28.1 per cent In excess of dollar sales for the full fiscal year ended Aug. 31. 1927; and 48 per cent in excess of dollar sales for the full fiscal year ended Aug. 31, 1926. Business of Duesenberg. Inc.. In 1930 should Increase by $1,000,000 over 1929, according to present indications. H. T. Ames, vice-president, reported Tuesday. Duesenberg is a subsidiary of Auburn Automobile Company. “Parts and materials commitments are being released totaling more than $1,250.000 in addition to materials already on hand.” Ames said. “Shipments to us now are keeping pace with our expanded 1930 manufacturing schedule. Gross revenue of the American Publie Utilities Company for the year ended Dec. 31. 1929, was $788,813.79 compared with $776,787.92 in 1928. according to the annual report of the company. Net income for 1929. after payment of expenses, including interest on funded debt and other charges, was *520,409.79 compared with $592,018.54 in 1928. Proof of the recent statement by O. S. Caesar that motor bus transportation companies would experience their most profitable year in 1930 is revealed in the statement of the company which he heads, the Greyhound Corporation, showing gross passenger revenue for February of $382,126 against $350,568 for February 1929, an increase of 9 per cent.. Revenue per bus mile was 29 cents in February against 26 cents in the same month last year. Stone Ac Webster Engineering Corporation, a subsidiary of Stone & Webster, Inc., announces a contract with the Southern Mineral Products Corporation tor the design and construction of a mining, milling and chemical plant In Amherst

New York Bank Stocks

NATIONAL BANKS Bid. Asked. America 136 138 Interstate 53'4 53% Chat Phenlx National 137 139 First National 5,975 6,050 Public 143% 145 Manhattan it Cos. 150% 151% TRUST COMPANIES Bankers 160 162 Centrail Hanover 392 395 Chemical Bank & Trust... 87% 88% Corn Exchange 237 238 Irving 68 68% Manufactures 145 146% New York Trust 304 306 Bank of United States 81 81% Commercial 567 577

Produce Markets

Eggs (country run) —Loss off. delivered in Indianapolis. 21c; henery quality, No. 1 24c; No. 2. 21c. Poultry (ouylng prices)—Hens, weighing 4%c lbs. or over. 23c; under 4% Ibs., 26c; Leghorn hens. 23c: springers, 4 lbs. or over. 21c; under 4’% lbs.. 21c: broilers. 1930, 32c; old cocks, 12@15c; ducha. full feathered, fat. whites. 12c; geese. 10c. These prices are for No. 1 top duality, quoted by Kinean it Cos. Butter (wholesale)—No. 1. 44®45c; No. 2, 42® 43c. Butterfat—39c. Cheese (wholesale selling price per pound)—American loaf. 31c; pimento loaf, 31c; Wisconsin firsts. 27c; Longhorns. 34c; New York llmberger. 36c. By United Press CINCINNATI. March 26—Butter, steadv: creamery In tub lots, according to score, 39*140c: common score discounted, 2@/3c; packings stock. No. 1. 27c; No. 2. 22c; No. 3.17 c; butterfat. 37fe39c. Eggs—Steady: cases included; fresh gathered. 24%c; firsts, 24c; seconds. 21c; nearby ungraded, 24c; duck eggs. 33c; goose eggs, $1.30. Live poultry—Thin and coarse stock sells only at heavy discount; fowls, 5 lbs. and over, 25%c; 4 lbs. and over. 26c; 3 lbs. and over, 26c; Leghorns, 3 lbs. and over. 24c; roosters. 16c; capons. 8 lbs. and over. 35c; under 8 lbs.. 33c: slips. 21c: 1930 broilers, over 2 lbs.. 42c; colored broilers. 1% lbs. and over. 40c; 1% lbs. and over. 37c; Leghorn and Orpington broilers. 1% .bs. and over, 33c; 1% lbs. and over. 38c; broilers, partly feathered, 30fe35c; black springers. 30c. By United Press NEW YORK. March 26.—Flour—Quiet and easy; spring patents. $5.95*/6.25. Pork—Steadj’. Mess, $30.50. Lard—Dili!. Middle West—Spot, $10.50fe10.60. Tallow —Quiet; special to extra, 6%®6%c. Potatoes—Old. dull: new, steady; Long Island, $1.50®5.25: Southern. s3felo; Maine. $1*74.50; Bermuda. s7fels. Sweet Potatoes—Steady; Southern baskets. $1 fe! 1.90; Jersey basket [email protected]. Dressed Poultry—Steady to firm: turkeys. 27fe42c; chickens. 18®.34c; fowls. 17fe32c; ducks. Long Island. 1955 20c. Live Poultry—Quiet; geese. ISfelSc; ducks. 14fe25c: fowls. 28*; 29c; turkeys. 25fe42c; roosters. 17® 30c; chickens, 26*i 37c; capons, 28*/ 45c: broilers. 30t143c. Cheese —Demand fair: state whole milk, fancy to special. 24fe25c; Young America, 22fe25c. Bu United Press CHICAGO. March 26.—Eggs—Market, steady; 16,064 cases; extra firsts, 24%*5 25c; firsts. 24*?24%c; ordinaries, 23®23%c; seconds. 22c, Butter—Market, easy; receipts, 4.587 tubs; extras. 37%e: extra firsts. 36%fe 37c; firsts. 33%*5 35%c; seconds. 31#32%c; standards. 37%c.

On Commission Row

rroits Apples—Delicious, box extra fancy, $4.25* fancy. $4: Baldwins. $2.25*12.50; Northern Spies. $2 25: Winesap. $2.25fe2.50. Grapefruit—Florida. $5fe6.50. Alemeria. $3.75: Emperors. keg. $6. Lemons—California, a crate, ss®6. Limes—Jamaica, $2.50 a hundred. Ofanges—California navals. $5.25®8. Fresh Strawberries—4oc a quart. Vegetables Beans—Florida. $6 a hamper. Beets—Texas, $3.50fe3.75. Cabbage—News. 8c pound. Celery—Florida. $3.253.75 a crate. Cauliflower—California. $2.508.2.75 a Cucumbers—Homs grown. $4.2585 a crate. Eggplant—sl.7s/5,2 a dozen. Kale—Spring 90c to $1 a bushel. Lettuce —California Iceberg. $3.50471.00 a crate: home grown leaf, a bushel $1 20® 1.35 Onions—lndiana vellow. $2 a 100-lb. bag white. *2.50 a 50-lb. bag. Parsley—Home grown. 50c dc*. Peas—California, 45-lb. crate, *636.50. Peppers—Florida, a crate. $837. Potatoes—Wisconsin. $4 a 4.25 a 150-Ib. bag: Minesota. $3.10 a 100-lb. bag; Red River Ohios. 120 lbs.. $3/5; Idaho Russets. $4 a 100-!b. bag. New Potatoes—Florida Cobblers. $3.25 a 50-lb. crate. Sweet Potatoes—Nanev Hails. $175 hamper; Opossum brand. Indiana lerseye $3.25 per bu. Rhubarb—Horn* grown hothouse 6-lb bunch. 75c. Sassafras— Indiana. 30c a cee Radishes—Horae grown button. BSc dot. Mustard—Home grown. $1.50 a busbeL Cucumbers—Howe grown. $2.25fe2.75.

Local Wagon Wheat

City grain elevators are paying SI.OO for No 2 red wheat and 94c for No. 2 hard wheat. In the Air Weather conditions in the air at 9:30 a. m.: Northwest wind, 23 miles an hour; barometric pressure, 29.54 at sea level; temperature, 24; celling and visibility, zero; field, snowcovered.

and Nelson counties, Virginia, to cost between $1,250,000 and $1,500,000, Allied Motor Industries. Ine.. with which are associated Hentiey Motor Company. Weatherproof Body Corporation. Van Siekien Corporation, Great Lakes Aircraft Corporation and American Cirrus Engine*. Ine., is about to extend Its scope to Include organisations in the Industrial field among companies over which it exercises control. CHICAGO. March 26 —Unit Corporation of America's subsidiary, the Universal Power Shovel Company, has been moved from Detroit to West Aliis. Wis., In the Milwaukee territory and now ls housed in Its new plant. W. H. Schmidt, vice-presi-dent and general manager, said.

Indianapolis Stocks

—March 26 Bid. Ask. Amer Central Life Ins C0.J.000 Belt R R it Yds Cos com 61 63% •Belt R R it S Yds Cos pref.. 55 60 Bobbs-Merrlll Cos 30 33% •Central Ind Pow Cos pref 90% 95 •Circle Theater Cos common... .105 •Citizens Gas Cos common 27 •Citizens Gas Cos pfd 96 99% •Commonwealth L Cos pf 7%.. 97 Commonwealth L Cos pf Bc„.. 99 •Hook Drug Cos common new.. 23 26 Ind Hotel Cos Ciavpool c0m...125 Indiana Hotel Cos pref 100 •Indiana Service Corp pref... 81 Indianapolis Gas Cos common. 57 61% Indpls Power & Lt Cos pfd....105% 106% ludpis Pub Wei Loan As com.. 53 Indpis St Rv Cos pfd 30 31 % Indianapolis Water Cos pfd.... 98 Interstate U S Cos pr 6% L pf 90 93 Interstate P S Cos pr 7% P pf. 103 104 •Metro Loan Cos 98% ... Northern Ind Pub 5%% Cos Dfd 99 101% Northern Ind Pub S'. Cos pfd 99 101% Northern Ind Pub 7% Cos pfd.lo7 •Progress Laundry Cos common 48 48Vi E Raub it Sons Fer Cos pfd.. 60 55 Real Silk Hosiery M Inc pfd. 97 Shareholders Investors C 0... 24% ... Standard Oil Cos of Ind 57% ... •Terre Haute Trac & L Cos pfd 70 Union Title Cos common .... 42 50 Van Camp Prod Cos Ist pfd.. .. 98 Van Camp Prod Cos 2nd pfd. .. 98 •Ex-Dividend. —BONDS— Belt R R <b Stock Cos 4s 90% ... Central Indiana Gas Cos os.. 99 Central Ind Power Cos 6s 99% ... Citizens Gas Cos 53 102 Citizens Street Railroad 55.... 51% ... Gary St Rv Ist ss. 65 ... Home T it Tof Ft. Wavne 6s. 101% ... Ind Northern Trac Cos 5s ... 3 5 Ind Rv it Light Cos 6s 96 ... Indiana Service Corpn 55.... 87 Indpls Power and Light Cos 5s 99% 101 Indiana Union Trac Cos 5s ... 5 Indpls Col & Cos Trac 6s 96 99 Indianapolis Gas Cos 5s 100 Indpis & Mart Rapid T Cos 5a 21 Indpls No Trac Cos 5s 10 13% Indpls North Western Cos 65.. 21 Indpls Street Ry 4s 45Vi 50% Indpls Trac Ter Cos 5s 93% 95% Indpls Union Ry 6s 100% ... Indpls Water Cos 5%s 102% ... Indpls Water Cos 5s 95 Indpls Water Cos lien <fc ref.. 92V- 94',i Indpls Water 4%s 93 ... Indpls Water W Sec Cos 5s 85 ... Intersate Pub Serv Cos 6%5...102 ... No Ind Pub Serv Cos 5s 101 Interstate Pub Serv Cos 4Vis.. 88% No Ind Pub Serv Cos 5s 100 ... No Ind Telegraph Cos 6s 97 T H Ind it East Trac Cos 5s 65 T H Trac it Light Cos 5s 94 Union Trac of Ind Cos 6s .... 17 32 —Sales— Belt RRit S Yds Cos com 20 shares,. 81 Births Boys Herman and Elizabeth Ankenbrock, 22 North RidgeYlcw. Henry and Leola Fox. 3327 Ralston. William and Altha Phillips, Coleman hospital. _ . _ , George and Malinda Robbins. Coleman hospital. Ralph and Katie West. Coleman hospital. Sam and Viola King, city hospital. Joe and Jewell Hawkins, city hospital. Frank and Georgle Richardson, city hoaPl ßobert and Gertrude Moreland, city hospital. . .. , Joe and Willie Summers, city hospital. George and Louise Meyer, city hospital. William and Hazel Callis, city hospital. Herman and Mabel Mayhew. city hospital. . .. , Lindsay and Belle Lawson, city hospital. William and Frances Jackson, city hosCl Oeorge and Anna Reynolds, city hosDi Dan and Eloise Wells, city hospital. Luther and Clementine Nix. city hosD1 Stanley and Hanna Lesch. city hospital. Howard and Etta Pratt. 1526 South K Roosevelt and Embry McCauley. 3947 East Sixteenth. William and Luella. Newman. 717 North Viola Glass. 2120 South Sherman drive. _ , _ ... Frank and Daisy Korosec. 351 South Gray. , Girl* Edgar and Helen Pearson. 625 East Forty-ninth. . _ , . Robert and Helen Baker. Coleman hosP *Cornelius and Edna, Becker. Coleman ho wnifft l m and Vina Phtlltppe. Coleman h °Columbus and Rita Taylor, city hospital. Rudv and Mary Stillabour, city hospital. Russell and Mabel Dowdy, city hospital. Laney and Minnie Cork. 546 West Wilkins. Fred and Edr.a Spitzfaden. 2529 Prospect. Janies and Sylvia Taylor, 1730 Parker. Deaths Euphenia Algeo. 50, 2237 North Meridian, carcinoma. .... Charlotte May Goodwin. 45. 715 North Sheffield, pulmonary tuberculosis. Barbara E. Crossley. 62, 971 West Washington. angina pectoris. Mary E. Langen. 67. 18 North State, acute myocarditis. . _ , George William Ball, 33, 335 North State, cerebral hemorrhage. .... , Ida V. Bink. 50. 1646 Asbury, mitral stenosis. . . George R. Graves. 47. Indiana Ave. and Illinois St., mitral insufficiency. Maggie Oxley. 63. 1221 South Pershing, acute cardiac dilatation. Horace F. Wilson. 74. city hospital, carcinoma. John D. Miller. 61. 1254 West Twentythird. myocarditis. Susan Elliott. 76. Central Indiana hospital, arteriosclerosis. Frances Glogas. 23. 820 South Capttol. pulmonary tuberculosis. Hattie Orpha Brown, 29, city hospital, lobar pneumonia. James Richard Staggs. 2 days, 1947 Adams, pvloric stenosis. Sarah Jacklon. 77. 226 Parkview, influenza Ivv L. Yancy. 39, 2137 Shrlver. acute nephritis. J. B. Doolittle. 65. Alabama and New York, acute myocarditis.

Will Buy: A Few Well-Seasoned Real Estate Lease Contracts Call Riley 8017

>n Piley 979l~P——M AETNA^ Bargains in Office Furniture Bring the Agency of the : METAL LINE ntire stock. $5,000.00 worth of steel files In and walnut finish. Through the sale of new have acquired some good used desks and tre offered at real bargain prices. k CABINET CO f bank, office 321-29 Weit Maryland

We Offer: Investment Trust Shares Indiana Tax Exempt Road Bonds Real Estate Preferred Stocks Breed, Elliott & Harrison 109 N. Pennsylvania St. Indianapolis

PAGE 13

HIGHER RATES PROPOSED FOR GREEN COFFEE Central Freight Association Listens to Suggestions on Commodity. By United Press CINCINNATI. O , March 26.—The joint conference contact committee of the Central Freight Association and others meeting here listened today to views of Interested parties on the proposal of the carriers east of the Rocky mountains to revise rates on green coffee in carload lots from New Orleans and Jacksonville, Fla., to Chicago to 56% cents per 100 pounds. Other proposals are: To increase rates on green coffee in carloads, from New Orleans and Jacksonville, Fla., to all other coffee roasting points in Illinois (except Cairo. 111.) and to the St. Louis, Mo., and Milwaukee, Wis., groups, 2% cents per 100 pounds. Retain Some Rates To revise rates on green coffee, in carloads, from New Orleans and Jacksonville, Fla., to Cairo, 111., to be 49 cents per hundred pounds. To continue in effect existing commodity rates on green coffee 1n carloads from New Orleans and Jacksonville. Fla., to Ohio river crossings, and other coffee-roasting points in central freight association territory, such fourth section departures as now exist to be removed by increases. Change Classification To authorize Class 7 <35 per cent of first class) rates on green coffee in carloads to. from and within southern territory by exception to southern classification and by interterritorial class rate tariffs, and to establish commodity rates on green coffee in carloads, from New Orleans and Jacksonville, Fla., to coffee roasting points in southern territory on basis of class 7, but nob higher than commodity rates provided above to more distant Ohio river crossings and official classification territory points.

PURE LINSEED OIL $1.25 Per Gallon MARION PAINT CO. 386 8. Meridian RHer 9165

Investments mETCHER AMERICAN - COMPANY * Indians’* Largest Investment Honaa

JamesT. Hamill & Company BROKERS fndlanapnllt MEMBERS Chicago Stork Exchange Chicago Board of Trade Indianapolis Board of Trad* Associated New York Curb 203 Continental Bank Bldg. Tel. Riley M 93 Riley MM

Open a Checking Account at AETNA Trust and Savings Cos. 23 N. Pennsylvania St.