Indianapolis Times, Volume 42, Number 10, Indianapolis, Marion County, 22 May 1930 — Page 16

PAGE 16

STEADY CABLES ADD STRENGTH TO GRAIN MART Futures Advance Sharply on Last Minute Crop News; Corn, Oats Up. By United Press CHICAGO, May 22.—Wheat advanced rapidly in the late trading after gaining slowly during the day and was sharply higher as the Board of Trade closed. Crop reports from the southwest weer less favorable and included reports of serious damage from the Hessian fly in parts of Nebraska. The general tone was very strong. Corn was sharply higher with wheat and oats, and paralleled the advances in the major grains. At the close wheat was 2*4 to 2", cents higher; corn was 1% to 2% cents higher, and oats was % to I*4 cents higher. Provisions were steady. Liverpool continued firm and closed % to % cent higher. Buenos Aires was about steady at midday. Some export business was worked, but the amount was not known. Cash prices were % cent higher. Receipts were 26 cars. The strength in wheat caused short covering in corn and prices advanced fractionally, holding their gain at midsession. Receipts were somewhat larger today and country consignments increased, but this had no effect. Cash prices were Vt cent higher. Receipts were 146 cars. Oats rose fractionally by midmorning on buying of May by cash houses and the strength in the other grains. Trading was rather quiet. Cash prices were 14 to % cent higher. Receipts were 93 cars. Chicago Grain Table —May 22 WHEAT— . Prev. Open. High. Low. Close. Close. May . I.O>V 1.06% 1.03% 1.06% 1.03% July.. 1.04 5 a 1 07! j 1.04 V, 1.07', 1.04 = , Sept.. 1.07 V, 1.10 1.06 V, 1.09 V, 1.06’/, Dec.. 1.11% 1.14 5 . 1.1 IV, 114 I.IIV, CORN— May .. .79 .80', .78*4 .80V, .78’/, July. .79% 1.81 s * 79 Vi .81% .79'/2 Sept.. .80’, 82 s , .80% 82% .80*', Dec... .74% .76% .74% .76% .74’, OATSMay.. .42 .43 .42 .43 .41*/4 July.. .39’, .40% .39’, .40% -40 Sept.. .38’, .40 38’, .40 .38% Dec... .41% .42 Vi .41% .42% .41% RYE— July.. .62 .63’, .61% .63% .61% Sept.. .ee .67% .65*, .67% .65% Dec... .70 .71% .69% .71% .69% LARD— . May. 10.12 10.12 10.12 July. 10 20 10.22 10.17 10.17 Sept .10.40 10.42 10.40 10.40 10.40 BELLIES — May 13.70 13.70 July 13.35 13.37 Sept. 13.37 13.37 13.45 Bu Times Soeeinl CHICAGO. Mav 22 —Carlots—Wheat, 21; corn, 78; oats, 88; barley, 3. Bn Times Rpeeinl CHICAGO. Mav 22.—Primary—Receipts; Wheat. 403.000 against 619,000; com. 382,000. against 315.000; oats. 328.000. against 276.000. Shipments: Wheat. 931 000. against 1.252.000: corn. 621.000. against 631.000; oats. 457,000. against 539,000.

R. H. Gibson & Cos. iitmbers BMW TORK, Ckieaio and Cmcmmtt Stack Exckantu 320 Circle Tower Indianapolis Td. Lincoln 2341 61 Broadway NEW YORK 307 Dixie Terminal Bklg. Cincinnati

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS New York Stock Exchange Chlcaso Stock Exchange New York Cotton Exchange Chicago Board of Trade New York Curb Aenociation Rooms 200-214 Circle Tower Telephone Lincoln 5501 >

NEW OFFERING $214,000 Indianapolis Water Company 5% Cumulative Preferred Stock, Series "A” PRICE—IOO and accrued dividend to yield b% PAR VALUE-SIOO Dividends payable January, April , July and October Ist. Exempt under present laws from Indiana Personal Property Taxes and Federal Norma! Income Tax. CAPITALIZATION {Upon completion of present financing) Authorized - Outstanding Funded Debt §12,442,000 Preferred Stock.... §10,000,000 1,054,900 Common Stock 500,000 shares 500,000 shares (no par value) Earnings have increased steadily, and for the year ended March 31,1930, net income available for preferred stock dividends amounted to <949,515, or nearly 18 times the $52,745 annual dividend to be required upon completion of the present financing. Complete information is available upon retfuesi FLETCHER AMERICAN COMPANY INDIANAPOLIS .... -. *./v\' ... -

Business — and — Finance

The business of Pirst Industrial Bankers, Inc., has not been affected by the general recession and unemployment of the last six months. Wallace Groves, president, declares in connection with the company report for the llrst four months of 1930. Out of total outstanding accounts cf 18.557 as of April 30. only 214 were overdue. Loans for the first four months totaled *1.103.817 against an average outstanding loan balance of *1.950.000. Indicating states Groves, a more than usual llaulditv. More than 40 per cent of the 1930 business Is new. according to the report. Net sales of Pilot Radio A Tube Corporation (consolidated company) for April, totaled $155,486. as compared with *100,899 for the predecessor company. Pilot Electric Manufacturing Company, for April. 1929. representing an increase of approximately 54 per cent. Sales for the first soar months of 1930 were $657.375 for the former company, compared with $493,547 for the same period in 1929 for the latter company, an increase of approximately 33 per cent. The Schiff Company has declared a regular Quarterly dividend of *1.75 on the preferred stock, also a regular auarterly dividend of 50 cents on the common stock, both payable June 15. to stock of record. Mav 31. Scranton-Spring Brook Water Service Company, a subsidiary of Federal Water Service Corporation, reports gross revenues of $5,495,253 for the year ended March 31. 1930. as compared with $5,128,887 for the preceding twelve months. Operating expenses, maintenance and taxes, other than Federal in- , came tax. totaled $1,773,272. as against $1,675,858. Gross income amounted to 53.721.981. which compares with $3,453.029 for the year ended March 31. 1929. Edison Brothers Stores. Inc have dec'ared the regular Quarterly dividend of *1.75 a share on the preferred stock, payable June 15. to stock of record. May 31. Greenwich Water and Gas System, Inc., a subsidiary of Community Water Service Company, reports gross revenue of *1,623.594 for the twelve months ended March 31. 1930. After operating expenses, maintenance and taxes, excluding federal income tax and prior charges of subsidiary companies, there remained a balance of $680,566, At a meeting of the board of directors of General Water Works and Electric Corporation, held Wednesday, the dividend option given to holders of Class A common stock of the corporation was revised and cash dividend. when and as declared and paid in an amount not exceeding the preferential dividend of $2 per share per annum mav from time to time to and including Julv 1. : 931 and thereafter unless otherwise determined bv the board cf directors, be applied to the purchase of additional scares of Class A common stock at the pride of S2O per share, instead of $24 per share theretofore prevailing.

Local Wagon Wheat

City train elevators are paying 97c for No. 2 red wheat and 91c for No. 2 hard wheat. Bn United Press CHICAGO, May 22—Cash grain close: Wheat—Red. No. 3, $1.09%; sample grade yellow, hard, 81c. Corn—Mixed No. 2. 79%c®80%c; No. 3. 78%c; No. 5,78 c; yellow, No. 1. 80%®81c; No. 2. 80’/2@Blc; No. 3. 79@80%c; No. 4, 78®,79%c; No. 6, 75c; white. No. 1,82 c: No. 2. 81%@82c; No. 4, 79%c; No. 6. 76c; samplet grade. 72c. Oats—White, No. 2. 42® 43c; No. 3, 41®41%c; No. 4. 38®40%c. Timothy—s 7 @8.50; clover, slo® 17.50; barley, 54c. Bn T r nited Press TOLEDO, 0.. May 22.—Grain close: Wheat—No. 2. red. $1.12%® 1 13’/ 2 C. CornNo. 3 yellow. 84%@85%c. Oats—No. 2. white. 48®50c. Rye—No. 2. 80c. Barley —No. 2. 62c. Clover—Domestic, cash, new, $11.75: prime choice. sl2;October. sl2 50; December, $12.80. Alsyke. cash, sll Butter—Fancy creamery. 38® 39c. Eggs— Country run, 18@20c. Hay—Timothy, $1.25 cwt. Other Livestock B" United Press FT. WAYNE. Ind.. May 22.—Calves—Receipts, 25: hogs, 300; sheep. 25; hog market. 10c ud; 90-110 lbs.. $9.10; 110-130 lbs., $9.35; 130-150 lbs.. $9.60; 150-160 lbs., $9.85: 160-180 lbs.. $10: 180-200 lbs.. $10.20; 220-225 lbs.. J’0.10; 225-250 lbs., $10; 250300 lbs., $9.80; 300-350 lbs.. $9.60; roughs, 53.50; stags, $6; calves. $11.50; lambs. SB.

PURE LINSEED OIL $1.17 Per Gallon Marion Paint Cos. 366 S. Meridian St. RI ley 9163

STOCK SHARES TURN FORWARD AFTERSELLING Investment Buying Starts Advance; Trading at Dull Pace.

Average Stock Prices

Average of thirty industrials for Wednesday was 265.52. off 1.58. Average of twenty rails was 144.80. up .04. Average of twentv utilities was 98.81. off .42. Average of forty bonds was 95.17, o: .01. By United Press NEW YORK, May 22.—The stock market slowly turned forward around noon today after further selling had forced prices down earlier. United States Steel in early trading dropped more than two points to 166%, but around that level the issue met resistance, rallied somewhat and inspired a better tone. Investment buying came into the market and started the small advance. Trading continued dull. Prices Down Prices were forced down sharply earlier. J. I. Case went to 291, a new low for the year and a drop of 18*4 points from the previous close. Around noon it was back to 300, off 9*4 net. At that time Steel was back to 168V2, off %; General Electric 79%, up %; Westinghouse Electric 170, unchanged; Radio 48*4, unchanged; General Motors 49%, up %; Ludlum Steel 35%, up %; Vanadium 112*/2, up %; Grigsby Grunow 23*4, up I*4; United Aircraft 72*4, up 2*4; American Tobacco B 263%, up 2%, and International Salt 148 *4, up I*4, and anew high for the year. Oils Higher Utilities narrowed down early losses. Some utilities showed gains. Public Sfl*vice was up a point net and American Telephone gained fractionally to 242*4. Oils were fractions to more than a point higher with Texas Corporation leading. ’ Rails steadied and generally moved up fractionally. Call money renewed at 3 per cent and held at that figure.

On Commission Row

FRUITS Apples—Basket: Baldwin, [email protected]; Stayman. S2@3; Winesaps. $3.25: Northern Spy. $2.25; Ben Davis. $2.25. Boxes: Delicious. [email protected]; Stayman. [email protected]: Winesaps. [email protected]. Barrels: Baldwin. $6(3 6.50: Ben Davis. $5.50: Winesaps. *7<3 8.5 C. Grapefruit—Florida, s6@7 a crate. Grapes—California Emperor, kegs. $5.50. Lemons—Fancy California. [email protected]: Imported. Messina. $5@>5.50. _ Limes—Florida. $2.50®3 a 100; Dominican. $3.50. Oranges—Florida, [email protected]: California, naval. ss@9 a crate: Valencia. $6.25@8 a Pineapples—Cuban. $4.25 a crate. Strawberries—Alabama. 24-quart crate. [email protected]. Pears —Avocado. California. $7 a dozen: D'Anjou. $4.75@5 a box. VEGETABLES Artichokes—California. $1.25 a dozen. Asparagus—California and Georgia. 45c a bunch: $3.50@4 a case. Beans—Texas stringless. $3.25 a hamper. Beets—Louisiana, new. $2.50 a crate; Indiana. $2 a bushgl. Cabbage—Texas, new. 6’/2®!7c a pound. Carrots—California. $3 a crate: Texas $2.75: Indiana. $1 a bushel. Cauliflower—Western. 51.75(712.25 a crate Celery—Florida. $4.75%5 a crate. Cucumbers —Hothouse. $1.65 a dozen. Eggplant—Southern. $1.25@2 a dozen Kale—Eastern. $1.25 a bushel. Lettuce—California Iceberg. $4.50@5 a crate: hothouse. $1 50 a fifteen-pound basket Onions—Colorado Spanish. $1.75 a crate; Indiana vellow. $1 25 a sixty-pound bag: white. $2 a bag; green, home-grown 45c dozen; new Texas vellow Bermuda $2 40 a Parsley—Southern. 50c a dozen bunches Parsnips—lndiana. $1.35 a bushel. Peas —California. $3 a hamper. Peppers—Florida. $6 a crate. Radishes—Hothouse, buttons. 60e dozen bunches: Southern long red. 25c; Arkansas. three dozen bunches. $1 50. Rhubarb—Home-grown 35c a dozen. Spinach—Texas. $125 a bushel. Tomatoes—Florida. ss@6 a crate: Mexican. 10-pound box $2. Turnips—lndiana $3: new $4. Potatoes—Michigan round whites, $5 5.25 a 150-pound bag: Colorado Russets. $4.50 a 100-pound bag: Red River Early Ohios. [email protected] a 120-pound bag: new Florida Cobbler. $3 a 50-pound hamper. Sweet Potatoes Tennessee. $2.25: Louisiana Golden Glow $2.75.

I Robert K. Tomlinson I INVESTMENTS 824-25 Continental Bank Bldg. 3 Indianapolis Lin. 9618 j

THE INDIANAPOLIS TIMES

Dow-Jones Summary

Union Carbide and Carbon Corporation declared a regular quarterly dividend of 60 cents, payable July 1. record June 2. Crown Williamette Paper Company declared regular ouarterly dividends of *1.50 on second preferred and *1.75 on first preferred, payable July 1. record June 13. International Salt stockholders to vote June 17 on proposal to split stock 3 for 1 and offer of rights to purchase additional stock at $36 a share In ratio of one share for each three of the new shares. Dividends of *2 declared on old stock on which *1.50 previously had been paid auarterly. Bank of England statement for week ended Mav 22 shows circulation 354.694,000 pounds against 356,454,000 pounds Mav 15. Ratio 54.8 per cent against 56.0 per cent and bullion 158.443,000 pounds against 163,347.000 pounds. Western Maryland April surplus after charges $153,785 against *137,623 in April, 1929. Four months surplus $711,691 against $737,602. American Machine and Foundry stockholders to vote June 16 on proposal to increase authorized capital stock to 1,500,000 shares from 300,000 and to split present outstanding shares five-of-one. To retire all outstanding 7 per cent preferred stock at 115. International Cigar Machinery stockholders to vote June 16 on proposal in increase capital stock to 600,000 shares from 300,000' and to Issue two new shares for each share now outstanding. LONDON —New York cables opened 4.86 5-32, against 4.86 3-32, Paris checks 123.96. Amsterdam 12.088, Italy 92115, Berlin 20.367. General Public Service Corporation declared regular semi-annual dividend of 3 per cent in common on common pay June 30, record June 2, and regular quarterly dividends of $1.50 on $6 preferred and $1.37% on $5.50 preferred both payable Aug. 1. record July 10. Cities Service including subsidiaries April surplus after preferred dividends $3,986,962 available for reserve and common dividends against $2,110,513 In April 1929. Twelve, months $36,971,739, against $23 - 695,630. Declared regular monthly dividends of 2%c and 1% per cent in common on common, 50c on preferred and preference BB stock and 5c on preference B stock, all pay July 1, record June 14. Commercial Investment Trust Corporation declared regular quarterly dividends of 40 cents in cash and 1% per cent in common on common. $1.75 on 7 per cent first preferred stock, $1.62% on 6% per cent first preferred stock and 1-52 of one share of common or $1.50 on convertible preference stock. Dividends payable July 1, record June 5. Great Western Sugar reduced price of refined sugar 20 points to 4.50 c basis. This is the second 20-point reduction in two days. Leading eastern refiners follow first cut and now quote 4.70 c a pound. Federal Reserve bank of San Francisco received $3,240,000 in gold from Japan. April steel sheet production totaled 308,988 net tons, against 259,658 in March, according to National Association of Flat Rolled Steel Manufacturers. Technicolor Inc, elects to directorate John McHugh, chairman of executive committee of Chase National bank. Hocking Valiev Railway in four months ended April 30 earned $6.79 a share, against $11.30 in like 1929 period. Missouri-Kansas-Texas Railroad declared initial dividend of $1 on common. F. W. Woolworth Cos. elects C. W. Dye and L. J. Harrington directors. United Corporation for period from Jan. 1 to Mav 12, 1930, shows net profit of $3,734,729 af.er expenses interest and reserve for taxes Columbia Gas & Electric directors indicate they will deposit 25 per cent of their personal holdings of Columbia in exchange for United Corporation stock. Senate hv vote of 46 to 27 passes Couzens joint rail resolution providing for suspension of rail consolidations until March 4. 1931. except under conditions laid clown bv resolution.

Produce Markets

Eggs (country rum—Loss off delivered in Indianapolis. 17c: henery quality. No. 1 20c: No. 2. 15c. Poultrv (Duylng prices)—Hens, weighing 4% lbs. or over. 20c: under 4% lbs.. 20c; Leghorn hens, 17c; springers. 4 lbs., or over 21c: under 4'/2 lbs.. 21c; broilers. 1930 25c: old cocks. 12@15c: ducks, full feathered, fat. whites. 12c: geese. 10c. These prices are for No. 1 top quality quoted bv Kingan & Cos. Butter (wholesalei —No. 1. 4J@43c: No 2 40 @ ] 41c. Butterfat—34c. Cheese iwhoiesaie selling price per pound)—American loal. 31c; pimento loaf. 32c; Wisconsin firsts. 27c. Longhorns 34c New York limberger. S6c. Bu United Press CHICAGO. May 22. Eggs Market steady; receipts. 20.695 cases; extra firsts. 22'/2c'; firsts, 21%®.22e; ordinaries. 19®; 19%c; seconds; 17%c. Butter—Market week: receipts. 9.987 tubs; extras, 32%c; extra firsts. 31@31%c: firsts, 29®30c; seconds. 26%@27%c; standards. 32%c. Poultry—Market weak: receipts. 1 car; fowls. 21c; springers. 25c; Leghorns. 20c; ducks. 22c: geese. 12c; turkeys, 20c; roosters. 13c; broilers, 30® 38c. Cheese —Twins. 17%®; 17%c; young Americas. 19c. Potatoes On track, 227; arrivals, 80: shipments, 1.058; market, old stock, steady; Wisconsin sacked round whites, $2.85@3; Idaho sacked russets. $3.70®3.8a: new stock, slightly weaker; Texas, Louisiana and Alabama sacked bliss triumphs, [email protected]. Bu United Press CINCINNATI. May 22.—Butter-fSteady; creamery in tub lots, according to score, 31® 34c; common score discounted. 2®3c; packing stock. No. 1. 25c; No. 2. 16c; No. 3, 12c: butterfat. 32®35c. Eggs—Lower; cases included: Fresh gathered. 2OV2C; firsts. 19%c; seconds. 17c; nearby ungraded. 19c. Live poultry—Thin and coarse stock sells only at heavy discount; fowls. 5 lbs. and over, 22c; 4 lbs. and over, 24c; 3 lbs. and over, 24c; Leghorns. 3 lbs. and over. 20c; roosters. 12c: broilers, colored, over 2 lbs., 37c; 1% lbs. and over. 36c; I’-* lbs. and over. 30c; Leghorn and Orpington broilers, 1% lbs. and over. 32c; I’4 lbs. and over. 26c: broilers, partly feathered. 24®26c: black springers. 24c. Bu United Press CLEVELAND. May 22.—Butter —Extras, 36%c; extra firsts. 36%c. Eggs—Extras, 21 %c: firsts. 20%® 21c. Poultrv—24® 25c; medium. 24® 25c; Leghorn, 20®'21c; heavy springers, 35@40c: Leghorn springers. 28© 32c; ducks. 15® 22c; old cocks, 12@;14cgeese. 10®.15c. Potatoes—New York. $4.25 per 150-lb. sack; Maine Green Mountains, $4.40 per 150-lb. sack. Bn United Press NEW YORK. May 22.—Flour—Dull and weak; spring patents. [email protected]. Pork— Dull; mess. $32. Lard—Easier; middle west spot, $10.60® 10.70. Tallow—Quiet; special to extra. 5%®6c. Potatoes —Steady; Long Island. $3,500/4.50; southern, s2® 8.25; Maine. S4O/5.15. Sweet potatoes—Dull; southern crate. $2.50® 2.75; Jersey, baskets, 50cO/$3. Dressed poultrv—Steady to firm; turkeys, 25@43c; chickens. 17@36c; capons. 30@45c; fowls, 140/. 29c: ducks. Long Islind. 19®.20c. Live poultry—Steady to firm: geese. 12® 14c; ducks, 14@23c; fowls, 24@30c: turkeys. 15@25c: roosters. 1603 17c: broilers. 22@44c. Cheese —Easy; state whole milk, fancy to specials. 24@26c; young America. 20®25c.

Investment Trusts

Bid Ask Am Founders (new) 24% 25% Basic Industry Shares B’/* 9% Corporate Trust Shares 9% 9% Diversified Trust Shares (Ai... 26% Diversified Trust Shares (B)„ 21% 22% Diversified Trust Shares ICI.. 9% 9% First Investment Coiporation.. .. 11% Fixed Trust Shares (Ai 22% Fixed Trust Shares 'Bl 19% Investments Trust of N Y 12 12% Leaders of Industry 11% 12% No Am Trust Shares 9% 10 % Power & Light Sec Trust .... 65 67 Revbarn & Cos .13 14% Standard Oil Trust Shares. ...* 10 12 S W Straus Inv Units 52 58 Selected Amer Shares B*4 8% Trustee Std Oil Sh B 10% 11% U S Elec & Pow Shares A.. 42% 44% U S Elec & Power Shares /R> 13 13%

New York Bank Stocks

—May 21Bid. Ask. Chase National 168% 169% Equitable 133% 134% Guaranty 769 772 America 134 135 City National 197% 199 Bank of United States 64% 65% Central Hanover 390 393 Chemical 75% 76% Continental 35% 37 Empire 90 91% Manhattan & Cos 135 136 New York Trust 2*5 298 Chatham Phoenix National 138% 140% Corn Exchange 223% 225 First National 5.875 5.950 Manufactures 134% 135% Commercial 523 533 ’rying ■. . 60% 61

JF WILD INfISTMINI CO I P j “Leaders of Industry” j Shares A Fixed Trust 129 E. Market Lincoln 6884

SWINE MARKET SHOWS BETTER TONEAT PENS Cattle and Calves Holding Steady; Sheep Trade Unchanged. May. Bulk. Top. Receipts. 15. $10.35 $10.35 7.000 16. 10.00® 10.20 10.25 6.500 17. 10.40 10.50 2.000 19. 10.40® 10.55 / 10.55 5.000 20. 10.20® 10.30 f 10.30 9.000 21. 10 10® 10.20 10.25 6.000 22. 10:30 10.35 5.000 Strength crept into the Indianapolis hog market this morning, prices at the city stockyards ranging steady to 10 cents higher, mostly 10 cents up. The bulk, 160 to 250 pounds, sold for $10.30, with a few small loads making the market at the top figure of $10.35. Receipts were estimated at 5,000, holdovers were 248. In the cattle market heifers displayed a weaker tone, beef steers and cows holding steady. Receipts were 1,000 head. Vealers were steady at sl2 down. Calf receipts were 400. Sheep trade was unchanged with spring lambs selling at $12.50 down. Receipts were 400. Chicago hog receipts were 27,000, including 5,000 direct. Holdovers were 6,000. The market held fully steady with Wednesday’s average. A few loads of choice 170 to 210 pound weights sold for $lO.lO to $10.15; 270 to 290 pounders were bid at $9.80 to $9.90; 230 pound weights sold for $lO. Cattle receipts were 6,000, sheep 11,000. —Hogs— Receipts. 5,000; market, higher. Heavies. 300 lbs. up .$ 9.50® 10.90 250-300 lbs. 10.00® 10.25 Med. wts., 225-250 lbs 10.25rrf10.35 200-225 lbs 10.25® 10.35 Light wts.. 160-200 lbs 10.25®, 10.35 13C to 160 lbs 10.00® 10.25 90-130 lbs 9.00® 9.75 Packing sows 8.25® 9.25 -CattleReceipts, 1.000; market, steady. Beef steers. 1.100-1.500 lbs. good and choice [email protected] Common and medium 8.25®11.00 Beef steers. 1.100 lbs. down, good and choice 10.75(813.00 Common and medium B.oo® 10.75 Heifers. 850 lbs. down, good and choice 10.50® 12.00 Common and medium 6.00 rrf 10.50 Cows, good and choice 7.75® 9.50 Common and medium. 6.00®1 7.75 Lower cutter and cutters 4.25® 6.00 Stocker and feeder steers, good _ . __ and choice [email protected] Common and medium 5.50® 8.50 —Vealers— Receipts. 900; market, steady. Medium and choice ~...$ 9.00® 12.00 Cull and common 5.50® 9.00 • —Sheep— Receipts. 400: market, steady. (Shorn Basis). Lambs, good and choice $ 8.50® 9.00 Common and medium 7.00®! 8.50 Spring lambs 10.00®j12.50 Ewes, medium to choice 3.50® 5.00 Cull and Common 1.50® 3.50 Other Livestock Bn United Press . , CHICAGO. May 22.—Hogs—Receipts, 27,000; including 5,000 direct; active to shippers and small packers; strong to 10c higher than Wednesday’s average; top, $10.20 paid for a few loads, 170-210-lb. weights; butchers, medium to choice. 250350 lbs.. $9.65® 10.05: 200-250 lbs., $9.75®> 10.20; 160-200 lbs.. $9.75®10.20; packing sows. [email protected]; pigs, medium to choice, 90-130 lbs.. s9® 10. Cattle—Receipts. 6.000. Calves—Receipts, 3.000; all classes moderately active, firm to higher; she stock very scarce: fat steers showing most upturn: largely 15®25c higher, but light yearlings slow; best heavy steers. $14.50; slaughter classes, steers, good and choice. 1300-1500 lbs.. $12.50®:14.50; 1100-1300 lbs.. $11.75® 14.25; 950-1100 lbs., $11.50® 14: common and medium. 850 lbs. up. $7.50® 12.50; fed yearlings, good and choice, 750-950 lbs.. $11.25® 13.25; heifers, good and choice. 350 lbs down. slo® 12; common and meduim, s7@lo; cows, good and choice. [email protected]; common and medium. $6®7.75: low cutter and cutters. $4.50®6.25; bulls, good and choice, beef. $7.75®9; cutter to medium, s7®B: vealers, milk fed good and choice. $10.50®13; medium. [email protected]; cull and common. [email protected]; Stockers and feeder steers, good and choice, all weights, $9 75® 10.75; common and medium, $7.50® 9.75. ' Sheep—Receipts, 11.000; shorn lambs, steady to strong: best held 25c higher: springers, strong to 25c higher: buik shorn lambs. $9.50® 9.85: best held around. $10.25; California springers, $11.50: natives, $10.50® 11.50; fat ewes. ss®s.ao: slaughter classes, spring lambs, good and choice. $10.75® 11.65; medium. $9-50® 10 75. cull and common, $8.50® 9.50. lambs, goo_d and choice. 92 lbs. down. $9.25®10.20, medium. [email protected]: cull and common. $7.50® 8.25; medium to choice. 92-100 lbs. down sß® 10; ewes, medium to choice. 150lbs down, [email protected]; culls and common, $2 ®4.25. EAST ! BUFFALO. N. Y., May 22.—Hogs— Sfii foe : 10 50 200-250 lbs. $10.65® 10.75: 160-200 lbs $lO 75f 130-160 lbs.. $10.65® 10.75: 90130 lbs. [email protected]: packing sows. $9.10 @9.50. Cattle—Receipts. 325; mostly all cows; market was steady to strong steers. 1 000 to 1.200 lbs.. sll® 12.25: 950-1.100 lbs sll® 12.25; 800 lbs. up medium. $9.75® 11- 900 lbs. up, common. $8®9.75; year- i lings steers fed, $10.75® 12; heifers good, $lO 25® 11.50: heifers common and medium. [email protected]; cows good. $9: common and medium. s6® 8: low gutters and cutters. s3® 6. Calves— Receipts 300. trade slow; market, steady: Rood to choice. $12.50® 13: medium. $9.50® 12: culls. s7.* 9 50. Sheep—Receipts, 200; no top shown todav; market, steady: lambs good to choice $9.75® 10: medium. $8.75© 9-50. culls. $7.75(71.8.75; ewes. $4.25©,5.50. S EAST , ST /> LOUIS. 111.. May 22.—Hogs— Receipts 13.500; market, steady to 10c higher; bulk 160-260 lbs.. slo® 10.15; top. $10.20: bulk sows. $9®.9.15. Cattle—Receipts. 1.200: market, generally steady with vealers. 25c higher at sl2: all classe, in light supply. Sheep—Receipts 1.000, market, few spring lambs to shippers steady to strong at $11.25.® 11.50. indications fully steady on remainder. B PITTSBURGH* May 22.—Hogs—Receipts. 1.500; market, steady to 5 cents lower; 150-210 lbs. mostly. $10.65: 220-250 lbs.. $lO [email protected]: 260-300 lbs., $10®.10.25; 100140 lbs.. $10.25© 10.50; sows sß.s® 8.70. Cattle—Receipts, 25: market, unchanged: better grade cows. ss® 6.25. Calves—Receipts. 150; market, strong- bulk and choice top vealers. sl2. Sheep—Receipts. 750: market. 25 to 50 cents higher; clipped lambs. S9@lo; shorn aged wethers, quoted up to $6. Bn Times Rnerial __ _ LOUISVILLE, Ky., May 22.—Hogs—Receipts. 900; market. 10c higher; 300 lbs. up. $8.55: 225-300 lbs.. $9.60: 165-225 lbs.. 810.20: 130-165 lbs.. $9.40; 130 lbs. down, $7.40: roughs, $6.85; stags, $6-25. Cattle — Receipts. 200; market, steady; prime heavy steers. [email protected]; heavy shipping steers, [email protected]; medium and plain steers, $8.50® 9.50; fat heifers. $7.50®11; good to choice cows. $6.50©.8.25; medium to good cows, $5.50® 6.50; cutters, $5®5.50; canners. $3.50® 4.50; bulls, s6<@B; feeders. sß®j 10.75; Stockers, $7.50® 11; calf receipts, 300; market, steady; tops, $10; good to choice $8@10: medium to good. $6.50® 8; outs. $6 down. Sheep—Receipts, 1,500; market, tops 50c higher; others steady, ewe and wether lambs. sl2; buck lambs, $11; seconds and fed lambs. [email protected]; clipped sheep, s4@s. . Wednesday's shipments —Cattle, none; calves, 200; hogs, none; sheep. 474. Btl United Press „ _ CINCINNATI. 0., Mav 22.—Hogs—Receipts. 3.535, including 1.737 direct; held over. 130; slow, about steady, with Wednesday’s average, undertone weak: top, $10.50; for a few loads around 200-Id. butchers, 170-230 lbs., $10.30 to mostly $10.40; weightier butchers scarce; few around 250-260 lbs.. $10.23: most light lights. $10: pigs. *8.75© 9.50; SOW3. *8.75. Cattle—Receipts. 350; calves, 250; steady; most sa'es medium to good; slaughter steers and heifers, *9.50® 11; cows, *7®-8; few up to 58.50: cutter grades. *5©6.50; medium bulls. [email protected]: vealers. 50c higher; bulk good to choice. *ll® 12; under grades, sß® 10.50. Sheep—Receipts. 300, better grade spring lambs, 50c higher; under grades up more: sheep, steady: good and choice spring lambs. $11@12; medium, *9(5.10: buck ewes, *4@s. Bn United Press TOLEDO. 0., May 22—Hogs—Receipts. 500; market, steady: heavies. *9.50®.9.75; mediums. slo.lo® 10.15; yorkers, *9.50®. 9.75: pigs. *9® 9.75. Cattle—Receipts, light; market, steady; calves, receipts, light; market, steady Sheep—Receipts, light; market, steady. Bn United Press CLEVELAND. Mav 22.—Hogs—Receipts. 1.700: holdover none, steady to 10c lower; choice, 150-210 lbs.. *10.50: comparable. ! 220-259 lbs.. *10.40; 250-300 lbs.. *10.30; I nigs. *10.25: rough sows. *8.75; stags, i $6.75. Cattle—Receipts, 300: steers, steady to easier: cows and bulls, strong: common to medium light steers. *9@ll: low and cutter and cutter cows. *4.50 ©6. Calves—Receipts. 600: steady to 50c lower; (top kind and weighty offerings, showing • decline: better grade veaiers. *12.50® 13: common and medium. *10@:11.50: few culls as low as *9. Bheep—Receipts. I l.OOO: lambs, steady to easier, merely good kind. [email protected]: good springers, upward to 813.50: bell quoted higher; sheep, steady, iuMi—■nil ii——iiia~ii ■ i iin mu iwnnwii—an—imiihi————

New York Stocks

—May 23 Prev. Railroads— High. Low. 11:30. close. Atchison ?? 7 Balt Sc Ohio I}| Chesa & Ohio 218 a Chesa Corn ?’ S Chi Grt West 14% 14% Chi N West 83% C R I & P •••, Del L Sc W 126% 126 126 s * 127 Del Sc Hudson... 173 172% 172% 173 Erie 47V. 47% Great Northern 91% Gulf Mob Sc Oil J9J* Illinois Central }39% Lou Sc Nash • • 133 M K Sc T 57 54V. oS 56% Mo Pacific 82% Mo Pacific pfd }31% N Y Central ..175% 175 175 176 NY NH <st 1 > Nor Pacific 3% Norfolk Sr. West *39 O Sc W „ ••• i? Pennsylvania .. 78% 77% .78 *g Reading I*®% Seaboard Air L ••• J® So Pacific !**’' }*** Southern ”?% st pjui pid:..:: 34 33% 3* St L Sc S iJSjP Union Pacific •• 2 ??i a Wabash ••• 50*2 Whfarvland.. 32% 31% 32% 32% Equipment*— v Am Car Sc Fdy.. .. ... J® ♦ 57% Am Locomotive. 63V. 62 62 2 63 a Am Steel Fd ■‘l% 41% Gen Am Tank •-, General Elec.... 78% 78 78 . 79% Gen Rv Signal.. 94% 93 94% 93 * Man El Sup 17% 16 16 17% N Y Air Brake **., Press Stl Car ..... ••• , -cc., J!,* Pullman 77 76% 76% 76 a Westingh Ar 8.. .. ••• ••• .2? 1 Westlngh E1ec...170 168 169% 170 Firestone ***? 3 j) Fisk .?% Goodrich JI% u e 8 v ß s ubber a nd:::: :: ::: % *!% Auburn 153% 153 153 152^ Chrvler 34% 33% 34 34 * Gardner 4 % % s Graham Paige.. .. •• • ■■■.. ,J, 3 General Motors 49% 48% 49.* 49^. Mammon .. ••• *® B, / Packard '::”::’ i7% ie% ie% n% Pierce-Arrow Rco u/ Studebaker .... .. ••• ••• 38 ? Yellow Truck... 27% 26% 27 V. 27/a Motor Access — , Am Bosch •• • ?? •* Bendix Aviation .. ... ••• Borg Warner .. .. ••• ••• 2?,. Briggs 22 21% 22 21'2 Eaton 27% 27 27 -6 / El storage B 69% 69 Haves Body 3j}-* 12 Motor Wheel *® y §8 Spßrks-W 25% 25 25 25 * Stewart-Warner .. ... Timken R 011.... 70% 70 70 A 71/# Mining— ~,, Am Metals .... .. ••• -cc v iki* Am Smelt 71 ™'/ 7 °’ Anaconda Cop.. 57’/. 57% 57% 58% Cal & Hecla ... 19% 19 19 19 '* na] Ar Arlz 52% 50% 51V* ... , Cerro de Pasco 52% 52V* 52‘i 52% Freeport Texas. 47% 46% 46% 47 Granby Corp ... 30 29% 29% 30 Great Nor Ore.. ... ••• 21,a Howe Sound ... 30% 30 30 30% Int Nickel 32% 31% 32 30,a Inspiration 19% 18% 19% 18% Kennecott Cop.. 45% 45’,* 45% 46^ Magma Cop 35 33 33 37 ~ Miami Copper.. ... ... *1 s* A Nev Cons 20 19% 19% 20 Texas Gul Sul... 59% 58% 59 59V. U S Smelt 28% 29 Atl Refining 41% 41% Barnsdall •• ■ 26% 26 Houston $4 92 94 94 Ind Oil ........ 24% 24% 24% 25% Indian Refining. 17% 17% 17% M?d conu '27% '26% '27% 26% Pan Amer B ... 61% 60% 60% 61% Phillips 38 37% 3i% 38% Pr Oil & Gas .. 46 45% 45% 46% Pure Oil 23% 23 * Richfield 32% SheUUn ? '2i% '2i% £ i!Sr Pt •"••••. -Hv. '26% '26% 6% IK SI W ?!-: Wl I 8% Standard of N Y 35’4 35% 35% ... Texas Cos 57*4 56% 57*4 ... Union OH 45% 45 Am'RolT Mills.. 71% 71% 71% 72V4 Bethlehem 99 Vi 94% 94% 95% coTo rs Fue“.::::: !o !& 8* “ £idium tee 1.::::: 35 'si* | % Newton*. 5i% '50% '50% 51% STste® 5 .:::i68% ie% m* i8 Vanadium 111% 109 111% 111 ? Youngst S & W .. ... 38 /4 38 a Tobaccos — Am Tob (B) ....261 259 259 261 General Cigar 51% 50V4 Lig & Myers 8.106% 106% IOS’A l® 7 ’* Lorlllard .*.... 25% 21% 24’/. 25% Reynolds Tob 52 Tob Pr A 11 United 6/ *

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings, Thursday, May 22 were, $3,522,000; debits, $6,181,000. NEW YORK STATEMENT Bu United Press NEW YORK, May 22.—Bank clearings, $1,107,000,000; clearing house balance, $165,000,000; federal reserve bank credit balance, $155,000,000. TREASURY STATEMENT Bu United Press WASHINGTON. May 22.—The treasury net balance on May 2 was $114,444,894.25; customs receipts tor the month to that date totaled $32,808,896.16; government expenditures on May 20 were $8.274,137.33. In the Air Weather conditions in the air at 9 a. m.: Southwest wind, 11 miles an hour; barometric pressure, 30.07 at sea level; temperature, 73; ceiling unlimited; visibility, 10 miles; field good. Arrivals and Departures Curtiss-Mars Hill Airport—Russell Long, Indiana national guard, Indianapolis to Louisville, guard plane; T. A. T. passengers, westbound, included Harry Ellis and E. F. Van Hoesen of Indianapolis, and Neal McCay cf Philadelphia; eastbound passengers included W. B. Gero of Bloomfield, N. J.; Embry-Riddle passengers to Chicago were L. Fraser and W. Jarmon, both of Chicago; passengers to C ncinnati included C. G Schlosser, 4519 Guilford avenue, and Morris Floyd, 964 North Meridian street. Hoosier Airport—L. I. Aretz, pilot, and Mr. and Mrs. Harry Kelly, passengers, Newcastle to Indianapolis and return. Curtiss-Robin. Capitol Airport—H. E. Croft, Troy, 0., to Clarksville, Miss., Waco; Bob Dqlan, Seymour to St. Louis, Travel Air, M. S. Blish, passenger. Conquer Plane Noise /?l WASHINGTON, May 22.—Noise, which is one of the most disagreeable features of flying, nearly has been conquered in cabin airplanes. If manufacturers will insulate their planes as the bureau of standards has found they should be insulated, aerial passengers cf the future can fly in an airplane cabin that is twice as quiet as a Pullman car. The bureau has completed a series of tests on insulating cabin walls. Another series, dealing with the reduction of noise at the source—engines and propellers—has not been finished. Shriners Take Hops Several delegates to the Ladies' Oriental Shrine convention, meeting here this week, were taken on flights over the city in Curtiss- ; Wright planes from Mars Hill airI port Wednesday. Pilots were Charles E. Cox Jr., H. Weir Cook and Earl W. Sweeney. Glider Is Towed An exhibition glider used in the Curtiss-Wright air circus here Sun- ! day was towed to Columbus WednesI day behind a Fledgling plane piloted iby Leroy McGrady. Lyman Voelpel piloted the glide^

(B? Thomson A McKinnon > ”

Utilities— Abitibl 31% Adams Exp 30% 30 33% 30 Am For Pwr.... 79% 77% 78% 79 s * Am Pwr & L1...100 97% 98% 100% AT* T 242% 241% 242% 242% Col Gas Sc El. . 83% 82’* 83% 83% Com Sc Sou. ... 17% 17’4 17% 17% El Pwr & Li... 83V. 82% 83V. 83% Gen Gas A 14 13% 14 14 Inti TAT 62V. 61% 61% 61% Natl Pwr & LI.. 45 44V* 45 44% No Amer Cos 115% 115% Pac Gas A El 67% Pubm Ser N J... 110% 109% 100 110% So Cal Edison... 64% 64 64 113% Std G A El 113 United Corn *3% 42’. 43% *3% Ut Pwr A LA... 39% 38% 39 39% West Union 185 181’* 185 184 Shipping— Am Inti Corn 42% 42% No Gm Llovd 51% United Fruit 90% 91 % Food.— Am SU2 62 Armour A- 6% 6% Cal Pkg . 68% Can Drv 63% 62% 62% 64% Childs Cos 63% 63 63 64 Coca Cola ... ... 182% Cont Baking A.. 30% 30 30% 29% Corn Prod 101% Cudahv Pkg ... 44 V'. Gen Foods .... 58 57% 57Vj 58 Grand Union 17% Hershev 104% 103% 103% 104 Jewel Tea 58% 58 Kroger ... 32’% 32% Nat Biscuit .... 89% 88% 89% 90 Pillsburv *31% Safswav St 93% 92 92 95% Std Brands 2% 21% 21’/. 22% Ward Bkg 10% 10V4 10% 10% Drugs— Cotv Inc 27 27 Lambert Cos 98% 97% 98% 99 Industrials— Am Radiator .. 32% 32 32 32% Certainteed 9% Gen Asphalt .. 56 55% 56 56 Otis Elev ...'. 40V* Indus Chems— Allied Chem ....303% 298 298 302 Com Solv 30 29% 30 30 Union Carb 81% 80% 80% 82 U S Ind Alco 90% Retail Stores— Assoc Dry Gds.. 42% 42 42% 42% Gimbel Bros ... 16’/. 18% Kresge S S 31 30% Mav D Store 52 52% Mont Ward 42% 41*. 42% 42% Penny J C 67% 67 67’/. 67% Sears Roe 83 82% Woolworth 62 61% 61’'. 61% Amusements — Bruns Balke 20 V. Col Graph 27% 26% 26% 27% Crosley Radio 16 Eastman Kod ..235% 232% 234% 237 Fox Film A 49 48 V. 48% 49’/. Grlsgby Gru ... 23% 21% 23 22% Loews Inc 87 85 86 Vi 86 V* Param Fam .... 65% 64% 65% 66% Radio Corp 47% 46% 47’/. 48V* R-K-O 41% 40 V. 40% 41 Schubert 24 23% 23% 24% Warner Bros ... 61’% 60% 61% 61% Miscellaneous— City Ice A Fu 41 Congoleum 15% 15 - 15 15V'. Am Can 141 139% 1141 141’,. Cont Can 63Vi 62% * 627'a 63% Curtiss Wr 10% 10% 10% 10% Gillette SR 86% Real Silk 50 51% U S Leather A 20 20%

The City . in Brief

Mayor Reginald H. Sullivan will speak at the meeting of the Indianapolis Federation of Community Civic Clubs at 8 Friday night at the Chamber of Commerce. Thirteen past presidents were guests of honor at an Indianapolis Real Estate Board luncheon today at the Lincoln, at which T. E. Grinslade, president, spoke. Mme. Sturkow-Ryder, composer and pianist, will be one of the feature attractions on the Kiwanis Club 1930 program, the club voted on Wednesday.*' “What Is Happening to Prohibition.” is the subject of an address by Dr. James A. Cram, executive secretary of the board of temperance of the Disciples of Christ church, tonight in the Central Christian church. The meeting will begin at 7.45. Improper tra : ning in the home was blamed for the increase of young offenders by Michael E. Foley, Indiana state prison trustee, addressing the Bible Investigation Class of the Y. M. C. A. Wednesday nigh*. Eugene D. Foley Jr., 4427 Broadway, and Carleton G. Weiss of Indianapolis, University of Pennsylvania students, have been elected members of the Phi Kappa Beta Junior Society, student honor society, according to announcement at annual Hey day exercises recently. First prize, a fourteen-volume edition of the New Larned history, has been awarded Paul Seehausen, 744 North Delaware street, Shortridge high school history instructor, for his investigation of use of this type of textbook in high school classes. W. R. Garten, president and general manager of the Sutton-Garten Company, will discuss “The Place of Welding in Modern Industry” at Central Y. M. C. A. at 6:30 p. m. Friday at a dinner for the twentythree men to be graduated by the “Y” trade school class in welding. Removal of the A. G. Becker & Cos., industrial financiers, district office to quarters on the sixth floor of the new Circle Tower building was announced today by Charles W. Ritter, resident manager. Paul Fisher, 36, of 209 North Sheffield avenue, who attempted to end his life with gas at his home late Wednesday, was recovering at city hospital today. Police gave first aid when the man was found unconscious in the kitcher of his home. In a note he declared he feared he was becopiing insane. Building Permits O. L. Hamilton, fire loss. 317 East Fortyseventh. SBOO. O. Huches. garage. 2349 Northwestern. $215. Francis Carr, repairs. 1410 Barth, $550. Charles McGill, dwelling. 4363 Central. $7,500. Walter Curtis, repairs. 1217 St. Peter. $250. W. Jordan, repairs. 702 North Gladstone. 5200. Emma Lauer. garage. 2146 Shelby. $250 H. A. Welland, garage. 2154 Shelby. *250. Andv Ritzo. repairs. 902 Arnolds. *2OO. T. E. Grlnslad". dwelling and garage. 5936 Winthrop. *3.200. Harrv Calwll. dwelHnr and garage. 5038 Nm-th Pennsylvania. *16.000. Phoentx Lumber Company, dwelling and e e-age. 5930 Crittenden. $4,200. James Stewart, repairs. 1017 North Miley. SSOO. George Hicks, repairs. 1530 North Senate. American Can Company, ’oading platform. 1936 Smith East. sl6 000. Mrs. J. ’tterbach. reroof. 2050 North [email protected] House, repairs. 1053 North Traub. $1,950. Woman’s feond Forfeited B•’ United Press VALPARAISO. Ind.. May 22. The SSOO bond of Mrs. Freida Schussler, convicted forty-nine times in liquor charges in twentyfive years, was forfeited when she failed to appear in court here today for trial on a dry law charge. Mrs. Schussler recently completed a thirty-day jail sentence and paid a SSOO fine for dry law violation. Directs Saving Own Life Rit PrrttM FAIRMOUNT, Ind., May 22.—80 y Scout training probably saved the life of Max Clifford. 13, when he directed others in forming a tourniquet to stop the flow of blood from an arm badly lacerated, when a bottle the youth was carrying as he rode his bicycle, broke as he fell.

.MAY 22, 1930

TAXPAYERS WIN SUITS OPPOSING 2 NEW SCHOOLS Severe Blow Is Struck at Holding Company Plan by Supreme Court. The holding company plan of constructing school buildings was given a severe blow by the Indiana supreme court today when it decided against the plan and in favor of objecting taxpayers in two suits appealed from lower courts. The case of Jess F. Bryant and other taxpayers of Oakland City, against the school town of Oakland City, the school trustees and the Oakland City School Realty Compay, which was decided in favor of the trustees by the Gibson circuit court, was reversed and an opinion written by Judge Clarence Martin in favor-of the objecting citizens. Trustees made an agreement with the realty company for the construction of a $50,000 school house which the company was to lease to the city for a period of thirty years. Taxpayers objected and sought to enjoin the trustees from levying taxes to meet obligations incurred. The court held the contract void because it provided for taxes in excess of the constitutional 2 per cent. A similar case, that of Samuel Hlvel and other taxpayers against the school city of Nappanee, was decided in favor of the taxpayers when the court denied a petition for a rehearing. It had reversed a lower court decision in favor of the trustees on Dec. 5 in an opinion also written by Judge Martin. BARE INDIAN MOUNDS Geologists’ Finds in Alabama Plains Include 800 Graves. Bn Reienee Service TUSCALOOSA, Ala., May 22. Digging into the cluster of fifty-four mounds which rise above the flat plain of the Warrior river, Dr. Walter Jones, state geologist of Alabama, has encountered 800 prehistoric graves. The skeletons are accompanied by household and personal articles such as were used by mound building Indians, who farmed the fertile valleys of the Mississippi before the arrival of white pioneers. Stone pipes weighing several pounds are among the most curious possessions found by Dr. Jones. Bowls shaped in effigy of humans, and of fishes, frogs and ducks are other objects of exceptional interest. Shells and beads lie near the wrists and ankles of the skeletons, and jars for food and water still remain near the skulls.

In the Stock Market

(Bv Thomson & McKinnon) NEW YORK, May 22.—Exactly a year ago industry as a whole was operating at p?ak capacity for all time and naturally makes comparisons with business of today appear a lot worsa than it really is. Beginning next month comparisons should be decidedly less unfavorable, Considering the preponderance of bearish propaganda and the bear pressure exerted against the market at times,recently, surprisingly little public liquidation has resulted. Professional operations have been following the line of least resistance and continue to contribute largely to the volume of the trade. Lack of incentive and no apparent basis for an early revival of bullish activities has restricted public participation and resulted in an indifferent attitude. Just what may develop to remove this apathy is indefinite. Further contraction in the brokers’ loan accounts, which seems likely at least will give added emphasis to the stock market’s strong technical position. Marriage Licenses Loring M. Cannon. 24, of Muncie. liraman. and Nettle Lott, 18, of R. R* 12, Box 32. James C. Williams 22. of 936 North Hamilton, painter, and Sarah L. Lindley, 20. of 1249 Barth, clerk. Glenn B. Barge, 25. of Spencer, salesman, and Elizabeth ,A Remsen, 25, cf 2551 North Delaware, clerk. George P. Boncher. 36. of 2014 West Morris clerk, and Helen M. Koerner, 29, of 32 West Kelly, clerk. Joseph A. Schlegel. 49. of 430 North Meridian, baker, and Ethel R. Lewis, 46, of Roosevelt hotel, clerk. Births Girl. Bernard and Roberta, 3538 North Illinois, Harry and Lucy Glass, Methodist hos- ° Raymond and Martha Higgs. Methodist hospital. .... „ George and Zerida Hanser, 1101 Centennial. „ . Leslfs and Emma Hudson, 815*2 Adelaide. Boys Orell and Mamie Fry. 1633 Arrow. Walter and Ethel Stlfer. Methodist hos--3 Harold and Jessie White. Methodist hosOsa and Justine Harshman. Method! jt hospital. .. . . Raymond and Martha Higgs, Method/st h °Arthur and Irene Wiley. 1739 Fletcher. James and Bessie Powell, 2063 Yandes. Twins Frank and Veola Kollman. Methodist hospital girl and boy. Deaths Charles Stone, 63. 3424 Central, arteriosclerosis. _ Billie Gilmour. 6. 1820 East Tenth, encephalitis. , , ~ Susan A. Rauch. 74. Central Indiana hospital, arterlo-sclerosls I James Howard Day. 2. Long hospital, broncho pneumonia. George R. S.ruasburg. 32. city hospital, acute nephritis. Elizabeth Wilson. 89 2310 Broadway, cerebral hemorrhage Hellen Learv. f-6. 1305 East New Yor,:, chronic myocarditis. Jemina Draper WiUhort. 88. 711 Eaot Twenty-fifth, chronic myocarditis. Helen Colev. 17. MHethodist hospital, acute ncvhrltls. ... _ , Hattie Lorette Dugan. 35. 818 Eart Main, pulmonary tuberculosis. Emma Bertha Thornbirrv. 66. 520 South Holt, carcinoma. Mathildo Wallet 70. 815 Lexington, chronic myocarditis. NEW YORK COFFEE RANGE —May 21— High. Low. Close. March 7.45 7.35 7 o 5 May 8 43 8 28 5 35 July 8 22 8.20 8.23 September 7.96 7.76 7.98 December 7.70 7.51 7.70 Auction Saturday, May 24, 2 P. M. 1807 N. Illinois St. Five piece living room suite, vlctrola, lamps, rugs, some antiques, beds complete dining suite, rockers, piano, book case, gas stove, lots of dishes, linen*, bedding, etc. Arnold Auction Cos. Neal, Auctioneer . ANDY KREITLEIN, OWNER.