Indianapolis Times, Volume 42, Number 206, Indianapolis, Marion County, 6 January 1931 — Page 14

PAGE 14

PROFIT-TAKING FORCES STOCK SHARES LOWER Goodyear Is Weak Feature in Rubbers; Trade Volume Light.

Average Stock Prices

. w 8 170.77. of! 1.41. Aver aae of n e, r . alls w * 8 100.28. off .50. Avcraec Aver> n f f U H ,It *2 *' as fil ofr 18. erase of forty bonds was 96.06. uo .07. t nit cd Press NEW YORK, Jan. 6.—Further profit-taking operations reduced prices of the majorit” of stocks on the Stock Exchange at the opening today. Leaders were down fractions to a point with United States Steel at HI off Vn. American Telephone 182'*, off 7*; Radio 13’.;, of! Texas Corporation 34%, off %; Electric Power 43';, off %, and Bethlehem Steel 52 U, oft <%. Railroad shares were firm, their strength bettig a feature of an otherwise lower market. Pennsylvania continued its rise of Monday, reaching 60 i, up ’ll, while New York Central rose % to 118%. Goodyear was the weak feature of the rubbers, dipping to 42’ after opening at 42%, off %. Motor shares continued to ease off on profit taking. Nash lost % to 29; General Motors Uto 3674, and Yellow Truck % to 1074. Packard, an exception, firmed up Vs to 9%. Packing shares were steady to firm, profiting by the modification of the packers consent decree to the extent of permitting the packers to enter wholesale distribution of unrelated products such as groceries. During the early trading movements were irregular. Steel eased to Hi %, while American Can and Westinghouse Electric firmed up. American Smelting rose fractionally, e,s traders anticipated declaration of the regular dividends at the meeting of directors today.

Bank Clearings

INDIANAPOLIS STATEMENT —Tuesday, Jan. G Clearings (. $4,077,000 Debits 8.286,000 TREASURY STATEMENT —Jan. 6 Net balance for Jan. 3 $292 129,016.36 Expenditures 12,642,953.79 Customs rect.s. month to date 1.798,837.28 CHICAGO STATEMENT , —Jan. 5 Clearings $87,300,000.00 Balances 5,700,000.00

New York Bank Stocks

(Bv Thomson & McKinnon) —Jan. 0— Bid. Ask. America 60 63 Bankers 1151a 118% Brooklyn Trust 485 500 Central Hanover .... 234 239 Chase National 04 97 Chatham Phoenix Natl.. 73 76 Chem leal 48% 6n% Oltv National 94 97 Corn Exchanqr 124 125 Commercial 265 280 Continental 19% 22% FniDlre 49 52 First National ... 3,575 4,075 Guaranty 476 481 Irvin* 36% 37% Manhattan &■. Cos 83% 86'^ Manufacturers 43% 45% Nov York Trust 154 158 Public 59 62

New York Curb Market

(Bv Thomson & McKinnon) —Jan. 6 11:30 11:30 Am Com Pwr... 12% Insull Ut 33 Am Lt & Tr 43% Int Super 217a Ark Gas 5% Lion Oil 5% Brazil PSi L. .. 21*ii Midwest Ut 19% Can Marc. 2%>'Mo Kan Pipe.. 7% Cities Serv .... IT - Nia Hud Pwr.. 1% Cord 6'. Penroad 7% Crocker Si Wh. 10% Prin Si. Whtly... 17a Dixie Gas l*o Sel Indus 2* a Durant Mot 1% Shenandoah ... 4 Fire Bond Sh.. 43 .rStd of Ind 38 Ford of Can... 22% Std of Kv 21% Ford of Eng 15% Tr Air Tr 4% Fox Theater.. 4% Un Gas (new). 8% Goldman Sachs 7 Un Lt & Pwr.. 24% Gulf Oil 71 %! Un Verde BVa Hudson 8ay.... 4% Vacuuum Oil .. 56 Ind Terr A 15%'Van Camp 3 Wallareen 18

Net Changes

By United Press NEW YORK. Jan. s.—Closing prices and net changes on principal stocks today on the New York Stock Exchange follow: Up. Off. American Can . 113 3 * ... IV* American & Foreign Power 31 * - .. % American Telcpohne 183 ... I*4 Auburn 112 3 , 2 3 * ... Bvera 43 3 , l 3 * .. Case 91 ... Consolidated Gas 80' ... l s Eric 31 3 i ... Ji Geenral Electric 45>* ... 3 < General Motors 36 1 ... 1* International Nickel 15*4 ... ’a Loew's Inc 49 3 4 ... ‘4 Montgomery Ward 18 ... *4 National Biscuit 80'* J a ... New York“ Central ...118 1 4 ... '4 Backet rd 9*. Va Pennsylvania 60 14 ... Rkdlo 13... 14 Sears. Roebuck 49 3 a ... A* Standard Oil New Jersey.. 49 3 ... 1 Transamerlea 13; ... 4* United Aircraft 24'* ... 1(* United Corporation lsl 3 * ■'* ... United States Steel .142'* ... T* Vanadium ........... 53 1 ... % Westinghouse Electric 93'a ... l-;a

Investment Trust Shares

(By R. H. Gibson * Cos.) PRICES ARE TO 12 NOON C. S. T. Bid. Ask. Amer Founder'* Corp Com... 4‘a 5 Am & Gen Sec "A” .... 13'* 15 Am Inv Trust Shares s'j 5 3 Basic Industry Shares fita 63, Corporate Trust Shares 6'a 6-’b Diversified Trustee Shares “A” 15 3 4 17'i> First American Ccrp 7 3 4 B’ 4 Fixed Trust Oil Shares 5‘ 2 6V Fixed Trust Shares “A" 14 Inv Trust N Y 55a 5 Fixed Trust Shares "A” 14 luv Trust N Y 7 8 Leaders of Ind. Series 'A'... 8 Nation-Wide Securities 6 3 < 7' 4 National Industry Shares ... 6' 4 6* 4 N Am Trust Shares 6 S 67* Sel Am Shares 5 1 * s** Shawmut Bank Inv Trust 6 9 Oniverssl Trust 57* 6% S W Strauss Inv Units 45 54 Super Corp of Am Trust Sh A 7 7*^ Fundamental Trust Sh "A”.. 6 T * 7 3 Fundamental Trust Sh "B". 7®i 7"a U 8 Elec LUrht & Pwr "A”. 29 31 Chicago Stocks Opening (Bv James T. Hamill & Cos.) —Jan. 6—Asaoc Tel Util. 23' Insull 6s 1940... 88 Bendtx Avia.... 18 * • Majestic Hsehold 6 r * Bora Warner .. 22'. Marshall Fields 29 Cent So West. 18 1 * Middiewest Com 20 Cord Corpn 6> 4 Natl Pw rA- Lt.. 23 Conti Chi Cor c S'* Nor * So Amer 8 Conti Chi Cor p 35*11 Natl Standard.. 27\ Chicago Secitr 16 3 Swift & Cos 30’* Orißsb.v Grunow 3 1 . Util A: Indu com 7 3 Elec Hsehold .. 25 Util & Indu pld 18 Insull com .33 New York Liberty Bonds —Jan. 5 SHa 101.28 Ist 45*3 103. 4tb 45*S 103.22 Treasury 4 ! s 112.18 Treasury 4s i0a.14 " Treasury 3‘*s of '47 102.25 Treasury 3 'is of ‘43 102.11 NEW YORK COFFEE RANGF. —Jan. & Hlßh. Low. Close. March 5.81 5.65 5.65 Mev 5.65 5.54 5.54 Mlv 5 47 5.40 5.40 FeDtemb-r 5 38 5.30 5.30 December 5 31 5.25 5.25 l

New York Stocks 11 ■■— 'Bv Thomson & McKinnon i —————

—Jan. 6 Prey. Railroads— Hlßh. Low. 11.30. close. ; Atchison ... 1631* 184 ! Atl Coast Line • 106 Balt * Ohio ... 75>4 74 74 7414 Che* A Ohio.. 42% 41% 41% 417* Chesn. Corp 42 Chi Ort West 6% Chi N West 3o 35% C R I & P.... 49% ... 49!a 49% Del L & W 85 Del & Hudson . . . 142 Erie 31% 31 31% 31 Great Northern . 63% 63% 63% 63-% Illinois Central.. 75% 75 75 74% Kan City So .. 40 Lou A Nash 104% M K A T .. 207. Mo Pacific 33 32% 33 32 Mo Pacific pfd 90 N Y Central ... .118% 118 118 118*4 NY NH A H ... 80% Nor Pacific 53% ... 53% 53% OA W 6 Pennsylvania ... 60% 59% 5974 59% Reading 82 So Pacific 97 98 Southern Ry. 52% 52% 52% 52% St Paul .7 674 7 7% St Paul pfd 11 lit, St L A S F 45 45 Union Pacific 187 188 Wabash 17*4 17% W Maryland .. 15% 15% 15% 15% West Pacific 110% Equipments— Am Car A Fdy 30% 31 Am Locomotive 23% 23 Am Steel Fd . 26% 26% 26% 26% Gen Am Tank ... ... 60 6074 General Elec... 45% 4474 45 45% Gen Ry Signal ... 70 N Y Air Brake ’ ... 23 Press Stl Car 4% 4 Pullman 53% 5274 Westlngh Ar B. 33 Westlngh Elec.. 93% 92% 927 b 93% Rubbers— Firestone 18 Fisk % % % % Goodrich 167i 16 16 167a Goodyear 42% 41'% 41% 43% Kelly Sprgfld 1% 1% Lee Rubber 3*4 U S Rubber .r\ 1374 12% 127a 12 Motors— Anbnrn 114% 110*4 112V4 11274 Chrysler 17 10% 17 17% Graham Paige.. 4% 4% 4",- 4% General Motors. 36% 36*4 36% 36% Hudson 24% 23% 24% 24% Hupp 9 9 Marmon ... 6% 6% Nash . 29% 28% 29 29% Packard 97a 9% 9% 9% Reo 914 91% Studebaker 22% 23% Yellow Truck ... 1074 10% 1074 10% Motor Access— Ben'dix Aviation 18% 1874 Borg Warner... 22% 21*4 22% 22% ' 17T 17= 17 % n% Budd Wheel ... 9 9 Eaton ; 15 751/ El Storage B i.! ... 54% Haves Body 3% Honda ... 51* Motor Wheel ... 15 Sparks W 11 10% io% 1074 Warner ... 18 18 Timkin Roll 46 46% Mining— Am Metals 17% Am Smelt 4314 42% ‘43% 42% Am Zinc ~ 5 Anaconda Cop .. 32*4 31% 31% 32% Cal & Hecla 8% 8% Cerro de Pasco. 24% 24% 24% 24‘Dome Mines ... ... gig Freeport Texas 3i 31 Granby Coin 16 16% Great Nor Ore 20*4 20*4 Howe Sound 24% lilt Nickel 15% 1574 1574 1 57 4 Inspiration .. 8% 8% Kennecott Cop.. 23% 23*4 23% 23% Miami Copper ... 8 Nev Cons 11 10*a 11 ’lO% Texas GUI Sul.. 48 47% 47*4 47% U S Smelt 20*4 20 20% 20 Oils— Amerada 20% 20-% Am Republic. . 9*4 9% 974 9*.. Atl Refining.... 20% 20% 20*4 20% Barnsdall 127 a 12% 12% 12% Beacon .. .. ~ ... gi, 2 Houston . . .... 8% Indian Refining. ... 4% 4% Mex Sbd 12% 12% 12% 12 Mid Conti 75*4 Pan-Amer <BI.. .. . 33 Phillips 6 Pr Oil A Gas 1674 16 16 17 Pure Oil 11% 11 Richfield 674 6% 6% 6 Royal Dutch 3914 39% 39% 39*4 Shell Ull 8 7% 8 8 Simms Pt ... ... 7% Sinclair 11*4 1114 11'4 11% Skellv 1214 12 12% 12 Standard of Cal 48 47% 43% 47% Standard of NJ 50 49% 49% 491a Standard of N Y 24*4 24% 241- 25% Texas C 0.... 34% 34*4 3474 34% Union Oil 23% 23% 23% 24 Steels— Am Roll MILLS. 34*4 34*4 34*4 33% Bethlehem 5274 51% 52*4 5274 Byers A M 4474 44 74 44% 43 Cent Alloy ... ... 23% Cruc Steel 60 5714 Inland 65 Ludlum 1x74 11% Midland 22 Newton ... 14 Repub I& S 14*4 1214 14*4 14 U S Stel -42% 141*a 141*8 142% Vanadium 54*4 53 53% 53% Youngst SAW 2374 Tobaccos— Am To (Anew) 109 110% Am To (B new).ll2*B 1091a 112% 110% Con Cigars ' 35 Lig A Myers 8.. 89% 8774 89% 87% Lorillard 12*4 11*4 12% 1214 Reynolds Tob .. 4174 40 % 41%2 42 Tobaccos— Tob Pr An 11 United Cig * 4% Utilities— Abitibi 10 9% Adams Exp 18% 1874 18'4 18% Am For Pwr 327a 30*4 31% 31% Am Pwr A Li 48% 4774 477a 4874 A T A T 183 182 183 183 Col Gas A E 1... 36 I *, 35% 36% 36%a Com A Sou 9 B*B 8% 876 El Pwr ALi ... 4374 43 43*4 4374 Gen Gas 5 4*4 4*4 5 Int TAT 2174 21*4 217a 22 Natl Pwr A Li... 34*a 33% 34% 3414 No Amer Cos .... 66*2 657a 68 66 Pac Gas A El 48 Pub Ser N J 7774 76 76 7674 So Cal Edison., .. ... ... 46% Std GA El 62 617a 62 62% United Corp 19% 18% 18% 19% Ut Pwr ALA... 23!2 22% 23% 2474 West Union 138 138% Shipping— Am Inti Corp ... 2074 20 74 20 * 4 20 74 Inti Mer M pfd 16 United Fruit ... 57 5714 Foods— Armour A 4*2 4% 4% 4 Beechnut Pkg .... 50*4 Cal Pkg 45 “ Can Dry 3314 3374 Childs Cos 27 26% 27 26% Coca Cola 149 14874 148*4 14774 Cont Baking A. 20*4 20 20% 20 Corn Prod ..... 80 7874 8074 7974

Produce Markets

Eggs (Oo’intrv Run<— Loss off delivered in Indianaoolis. 20c: henerv duality No. 1 25c: No. 28. 15c. Pouitrv (Buvins Prices!—Hens, welching 5 lbs. or over. 17c: under 5 lbs.. 15c: Leghorn hens. 11c: springers. 5 lbs., or over. 16c: or under 5 lbs.. 15c: ducks, springers. Uc: old cocks. 2®llc: ducks, full feather fat white. 11c: geese, lie. These prices are for No. 1 top auailtv auoted bv Kinean & Cos. Butter (wholesale)—No. 1. 31@32c: No. 2. 30631 c. Butterfat—27c. Cheese (wholesale selling orlce per pound'—American loaf. 31c: pimento loaf. S2cc: Wisconsin firsts. 27c: Longhorns. 34c: New York Ltmberger. 36c. By United Press NEW YORK. Jan. 6.—Potatoes—Steady to firm: Long Island. 51.756'4 per bbl.: Maine, $2.8563.75 per bbl.; Idaho. 45c6*3 per sack: Bermuda, s7(<i;lo per bbl.: Canada. 75c^4<1(3.85 per bbl. Sweet potatoes— Quiet: jersey basket, 75c653: southern basket. 50c % $2.25. Flour—Quiet and steady: spring patents. $4.5064.85 per bbl. Pork—Steady: mess. $28.50 per bbl. Lard— Dull: middlewest spot, 9.1069.20 c per lb. Tallow—Quiet: special to extra, 4V(fistic per lb. Dressed poultry—Firm: turkeys. 30'/44c: chickens. 20'b38c; capons. 25 66 44c: fowls. 14(u28c: ducks. 13(<i23c; Long Island ducks. 21 6 22c. Live poultry Steady to firm: geese. 13®25c: ducks. 1449 25c; Long Island. 33c: fowls. 18 6 25c: turkeys. 25635 c: roosters. I4iilsc: chickens, 20 129 c; capons. 226 42c: broilers, 35c. Cheese—Dull and weak: state whole milk, fancy to specials. 19@22&c; young Americas, 17620 c. By United Press CINCINNATI. Jan. 6.—Butter. lower; creamery in tub lots according to score, 256 28c; common score discounted 2Sc; packing stock No. 1. 22c; No. 2. 15c; No. 3.10 c: butter fat. 21(<<23c. Eggs—Lower; cases included: extra firsts. 28c; firsts, 23c: seconds. 20c: nearby ungraded, 26c. Live Poultry—Thin and coarse stock sell only at heavy discount: fowls 5 lbs. and over, 21c; 4 lbs. asd over. 20c: 3 lbs. and over. 16c: Leghorns, 3 lbs. and over, 14c; roosters. 13c: capons, 8 lbs.. 32c; under 8 lbs., 28c; slips, 21c; stags. 18c: colored fryers over 3 lbs., 26c; over 2 lbs.. 26c; broilers colored 1U lbs. and over. 21c; Leghorn and Orpington fryers over 2 lbs., 20c: roasting chicks 4 lbs. and over, 26c; black springers. 15c. ASKS TO PROMOTE' COPS Kinney Requests Right to Appoint Two New Police Sergeants. Petition for the creation of two additional sergeants’ posts on the police department was presented to the safety board today by Jerry Kinney, police chief. Kinney said a sergeant was needed to take over the place made vacant by the recent death of Lieutenant George Cox and another to handle traffic sign workmen. Funds will have to be transferred on council ordinance to create the positions.

Wc Estate Preferred M 1 rletcheT Buy and Stocks and Bonds American Bid*. Sell ZAISER & ZAISER I? * K M “ rk# *"

Cudahv Pkg .... 4174 41% 4174 41% Crm Wheat ... 29 Gen Poods ... . 4974 49% 49** 40% Hershey 89*4 90 Kroger 19 19% Nat Biscuit .... 81*4 80 8074 80% Plltabury 27% Safeway St 42 41% 42 42% Std Brands 17% 17% 17% 17% Ward Bkg ... 474 47, Drugs— Coty Inc 9% Bs*8 s * 8% 9*4 Lambert Cos .... 83% 82% 83% 83% Industrials— Am Radiator ... 17% 17 17*4 1714 Bush Term ..... 24 23*4 23% ... Certainteed .... 3% 3% 3% 374 Gen Asphalt 26 Lehigh Port 15 Otis Elev 56 56% Indus Chems— Allied Chem ...176 17374 1 75% 17574 Com Solv 16% 15*i 16% 1614 Union Carb 59% 58% 59% 53 U S Ind Alco .. 62*i 62*a 62% 62% Retail Stores— Assoc Drr (Ids 2314 23% Gimbel Bros 4% 5 Kresge S S ... 26% 26** May D Store... 29% 29% 29% ... Mont Ward ... 18% 17% 18% 18 Penny J C ... 29% 297* 29% 29% Schulte Ret St 41a 4% Sears Roe 49 43% 48% 49% Woolworth 57 56*4 57 57% Amusements— Bruns Balke li Col Graph ... 8% B*i B** 8% Crosley Radio 4% Eastman Kod 152% FOX Film A ... 28 27% 27% 27% Grigsby Gru ... 4 3*4 4 3% Loews Inc 49% 48% 49% 49% Param Fam ... 42% 41 % 41% 40 Radio Corp ... 13% 13% 13% 13% R-K-O 17*4 16*, 17 17% Schubert s* a 5% 5% 574 Warner Bros .. 16 15!* 15% 15% Miscellaneous--Airway App Congoleum " 74 Am Can 113% 112% imi 113% Cont Can 50 9 n i 50 Curtiss Wr .... 3 3 e 3*%* 334 Gillette SR ... 23 22 3 4 23 22 3 4 Real Silk 4 35 Un Aircraft ... 24% 23*4 24% 2474

The City in Brief

WEDNESDAY EVENTS Indiana Board of Agriculture, delegates’ meeting, statehouse. Illini Club, luncheon. Board of Tr-ide. Kiwanis Club, luncheon, Ciaypool. Mutual Insurance Association, luncheon. Columbia Club. Lions Club. luncheon, Lincoln. Purdue Alumni Association, luncheon, Severin. Taylor Groninger, attorney, will speak on “The Indianapolis Street Car Company Situation’’ at a meeting of the Kiwanis Club Wednesday noon at the Ciaypool. “The Plai’e of the Advertising Club in the Community’’ will be the subject of an address by Ralph H. Faxon, Denver, Colo., advertising man, before the Advertising Club Thursday noon at the Columbia Club. A second safe deposit department has been opened by the Fletcher American National bank at 123 East Market streafc. John M. Somerville is in charge of the department in the building acquired by the bank. L. C. Geisel, district master carpenter of the Big Four railroad, Monday was installed chairman of the Indianapolis Car Inspectors Association. He succeeds W. H. Bettcher, general car foreman for the Baltimore & Ohio railroad. Oliver W. Stewart, Chicago, was re-elected president of the Flying Squadron Foundation, Inc., national prohibition organization, Monday at the annual business meeting at national headquarters here. Apartment building heating methods will be discussed at a meeting of the Apartment Owners’ Association Wednesday noon at the SpinkArms. Decision to petition Senators Arthur R. Robinson and James E. Watson to sponsor legislation favoring America’s entry into the world court has been reached by the Indianapolis Ministerial Alliance. Directors elected to three-year terms by the Indianapolis Humane Society include Andrew J. Allen, Luther J. Shirley, Miss Adele Storck, James A. Matthews and John J. Weber. Convicted of driving while drunk and injuring two Negro girls, Herman Daugherty, Negro, 2338 Manlove avenue, was sentenced to thirty days at the Indiana state farm and fined $lO on two charges today by Judge Paul C. Wetter of municipal court. Plans for Parent-Teacher meeting at School 74 were altered today, fixing the meeting for Thursday afternoon at 2 at the school. Committee reports and a discussion of welfare work by parents will be followed at 3 by a talk on “Parents’ Civic Duty,” by the Rev. L. C. Trent. Captain Lothian Small, assistant secretary-general of the International Federation of League of Nations Societies, will speak at noon Saturday before members of the Indiana Council of International Relations at the Lockerbie. Detective Harry Mason collapsed in roll call room at police headquarters today from an attach of indigestion. He was sent home. Director Richard Lieber of ihe state conservation department is in. St. Louis, Mo.,' attending the %ational conference of state parks of which he is vice-president. In connection with revival services conducted at Edwin Ray M. E. church, Laurel street and Woodlawn avenue, the Rev. and Mrs. Thomas C. Henderson are teaching Bible classes, the former taking an adult class at 2:30 and the lat;er a children’s class at 3:30 p. m. daily except Saturday. The revivals and classes close Jan. 8. Six truck companies today submitted bids to the sanitary board for trucks to be used in hauling ashes and garbage. The bids will be compiled by Truly Nolen, sanitary superintendent, and contracts awarded in the next week.

James T. Hamill & Company Private Wire* to AU Lending Markets. Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associated New York Curb 203 Continental Bank Bldg. Tel. Riley 5493—Riley 5494

THE INDIANAPOLIS TIMES

PORK MARKET MOVES HIGHER AT CITY PEHS Cattle Prices Steady, Trade Dull; Veals Off 50 Cents. HOGS Dec. Bulk. Ear!v Top. Receipt*. 29. $8.05® 8 45 $8.45 6.000 30. 7.80% 8.35 8.35 7,000 31. 7.60® 8 30 8.30 5.000 Jen. 2. 8.35® 8.40 3.40 6,000 3. 7.654* 8.40 8.40 3.009 5. 7.40® 8.15 8.15 8 000 6. 7.50® 8.20 8.25 7.0C0 The hog market today at the local stockyards showed signs of ad- ' vancement, with prices ranging from 5 to 10 cents higher than Monday's j best time. The bulk, 100 to 300 j pounds, sold at $7.50 to $8.20. Early I top was $8.25. Receipts were 7,000. Holdovers 90. Cattle prices were mostly unchanged with general trade lower.' Receipts 1,500. Vealers were largely 50 cents lower selling at $12.50 down. Receipts were 700. Sheep and lambs mostly strong to 75 cents higher and selling at 1 $3 to $8.75. Receipts were estimated at 1,000. Chicago hog receipts, 48,000, including 13,000 directs; holdovers, 5,000; demand active, lew early sales and bids around steady with Monday’s average; few 190-pound weights sold at $8; 200-pound averages were selling at $7.60; pigs, SB. Cattle receipts, 6,500; calves, 200, and steady. Sheep receipts, 18,000. and steady. HOGS Receipts, 7,060; market, higher. (140-160) God and 1 —Light Weights—-(l6o-180) Good and choice... 8.204? 8.25 (180-200) Good and choice B.lo® 8.20 —Medium Weights—-(2oo-220) Good and. choice.... 8.00!® 8.10 (220-250) Medium and good.. 7.75® 8.00 —Heavy Weights—-(2so-290) Good and choice .. 7.50® 7.75 (290-350) Good and choice... 7.25® 7.50 —Packing Sows—-(27s-500) Medium and g00d... 6.00® 6.75 (110-130) Slaughter pigs B.oo® 8.2(J CATTLE (Slaughter Class) Receipts. 1,500; market, steady. Good and choice $11.00(3)13.50 Common and medium 6.75®11.00 (1.100-1,500) Good and choice 10.50® 13.00 Medium 7.00® 10.50 —Heifers—-(soo-850) Good and choice 8.50® 11.50 Common and medium 5.00® 8.50 Good and choice 5.50® 7.00 Common and medium 4.00© 5.50 Low cutters and cutters 2.75® 4.00 —Bulls (yearlings excluded) Good and choice beef 4.50® 6.25 Common and medium 3.00® 4.50 CALVES AND VEALERS Receipts. 700; market, lower. Good and choice $12.00®12.50 Medium 7.50®12.00 Cull and common 5.00 @ 7.50 —Calves—-(2so-300) Good and choice 6.00® 9.50 Common and medium 3.50® 6.00 STOCKERS AND FEEDER STEERS Good and choice $ 6.50® 8.50 Common and medium 4.50© 6.50 (800-1,500) Good and choice 6.50® 8.50 Common and medium 4.75® 6.50 SHEEP AND LAMBS Recepits, 1,000: market, higher. Good and choice $ B.oo® 8.75 Common and medium 6.00© 8.00 —Ewes—• Medium and choice 2.50® 3.75 Cull and common I.oo® 2.50 Other Livestock By United Press CLEVELAND, Jan. 6.—Hogs—Receipts, 1,300; holdovers, 153; around steady’ top, $8.50. on weights 210 lbs. down; 220-250-lb. weights, $8.15 downward. Cattle —Receipts. 300; mostly steady; largely a cow run; scattered common to medium steers. [email protected]; fat cows. ss@6, largely; bulk to cutter grade. $2.75@4; weighty sausage bulls, $5.75 downward. Calves—Receipts. 600; steady; bulk good to choice vealers, $13®13.50; common to medium, $10®12; culls downward to $9. Sheep—Receipts. 1.500: mostly steady: better grade lambs largely $8.75®9; common to medium throwouts. s7® 7.50. occasionally $8; heavy sorts also $8: fat ewes, s3®4. B.y Times Special LOUISVILLE. Jan. 6.—Hogs—Receipts, 700; market unevenly low r er with change in sorts; 300 lbs. up. $7.25; 225-300 lbs.. $7.60: 160-225 lbs.. $8: 130-160 lbs.. $7.60: 130 lbs. down, $7: roughs, $6; stags, $5. Cattle—Receipts. 200; market slow and steady; prime heavy steers. $8.50(a) 10.25; heavy shipping steers. $7.25®8.50; medium and plain steers, [email protected]; fat heifers. ss® 10; good to choice cows, [email protected]; medium to good cows. $3.50®4; cutters. $3®3.50; canners, [email protected]; bulls. $3.50®5: feeders, $6.50®7.50: stockers, s4®7. Calves Receipts. 200: market steady; good to choice. [email protected]; mediums, $7(08.50; common to medium. $4.50®6.50. Sheep—Receipts, 50; market steady; ewe and wether lambs. $8: buck lambs. $7; seconds. $5 down; clipped sheep. s2@3. Monday’s shipments: Cattle. 404; calves. 502; hogs, none; sheep, none. By United Press FT. WAYNE. Ind.. Jan. 6 Hogs—Market 10c higher; 100-140 lbs., $7.85; 140-160 lbs., $8.10; 160-180 lbs., $8; 180-200 lbs.. $7.90: 200-225 lbs.. $7.80: 225-250 lbs., $7.65; 250-275 lbs., $7.50: 275-300 lbs.. $7.40: 300350 lbs.. $7.25; roughs. $6; stags, $4.50; calves. sl2; lambs. SB. By United Press EAST ST. LOUIS, 111.. Jan. 6.—Hogs— Receipts. 15,000; market, steady to 10c lower; top. $8.05; bulk 150-225 lbs., $7.80 ®8; 230-265 lbs.. [email protected]; 270-290 lbs.. $7.40©7.50; 100-130 lbs., [email protected]; sows. $6 ®6.15. CatUe—Receipts. 4.000; calves, 1,500; market, buyers resisting higher prices on steers; no early sales; vealers ooc lower at $12.50: other classes steady; top mixed yearlings. $7.50@11; cow’s, s4© 5; low cutters. *2.50©3; top medium bulls, $5.25. Sheep—Receipts. 2,000; market slow; lambs opened steady to a shade lower; one load to city butchers. $8.25; common throwouts. $5©5.50; fat ewes. $3.50 dow’n.

we Commonwealth Loan Cos. Newton Offer 7 "° Pieferred Todd 415 LEMCKE BLDG. *

Middle West Utilities Company Notice of Dividend on Common Stock The Board of Directors of Middle W est Utilities Company has declared a quarterly dividend of 2 % in Common Stock (being one-fiftieth of a share) on each share of Common Stock outstanding on January 19, 1931, payable February 16, 1931, to Common stockholders of record on the Company’s books at the close of business at 3:00 o’clock P.M. on January 15,1931: Eustace J. Knight. Secretary Notice of Dividend on $6 Convertible Preferred Stock, Series A The Board of Directors of Middle West Utilities Company has declared on each share of its $6 Convertible Preferred Stock, Series A, a quarterly dividend of $1.50 in cash or (at the election of the holder, hied on or before January 15) of three-eightieths of a share of Common Stock, payable February 16, 1931, to the holders of record on the Company’s books at the close of business on January 15, 193 U EUSTACE J. KNIGHT, Secretary

Dow-Jones Summary

TULSA—DaiIy average production of crude oil in United States for week ended Jan. 3 totaled 2.089.437 barrels, a decrease of 54.637 barrels, according to OF and Gas journal. LONDON—New York cables opened at 4.85 15-32 against 4.85 19-32; Paris checks. 123.69; Amsterdam. 12.062; Italy. 92.745; Berlin. 20.402. American Tobacco Company has opened the new year by placing in newspaper* of the country the largest “Lucky Strike” advertising campaign in history of company, George W. Hill, president, stated. Ford Motor Company’s Omaha plant, which has been closed for two weeks for inventory has reopened with 800 men at work on an eight-hour schedule. General Clear Company declared regular ouarterly dividend of $1 on common, payable Feb. 2. record Jan. 16. Lee. Rubber Si Tire net loss $799,111 in yar ended Oct. 31 after expedeint and charge of $605,196 for adjustment of inventories against net profit of $485,930 in preceding year. Stocks of Slab Zinc at end of December totaled $143,576 tons, against 145.139 in November and 75.435 at end of December. 1929. according- to American Zinc Institute. Stockholders of Pathe Exchange approved sale of certain assets of company to R. K. O. for about $5,000,000. W. T. Grant Company. December sales $11,796 749. against $11,530,839 in December. 1929. for 12 months $71,050,393, against $63,448,297 in 1929. Commonwealth Edison Company declared regular quarterly dividend of $2, payable i Feb 2, record Jan. 15. Maytag Company declared regular ! quarterly dividend of $1.50 on first preferred and 75 cents on common, preferred stock payable Reb. 2, record Jan. 15. Eastern Equities Corporation formerly American Glue Company, declared liquidating dividend of $12.50, payable Jan. 9, record Jan. 7. This makes total payments to common stockholders $112.50 a share since liquidation was undertaken. During 1930. total of 1,744,291 revenue freight cars were handled by Chicago & North Western Railway, against 2,012,761 in 1929. Union Oil Company declared regular quarterly cash dividend of 50 cents, payable Feb. 10, record Jan. 15. Mid-Continent Petroleum Corporation declared regular quarterly dividend of 50 cents. HALSEY STUART GETS UTILITY BOND ISSUE Sale Proceeds Are for Extensions of Property. An issue of $3,000,000 Central Illinois Public Service Company first mortgage 5 per cent bonds, due Nov. 1, 1968, has been purchased by Halsey, Stuart & Cos. The proceeds from the sale of the bonds will be used to reimburse the company’s treasury in part for the cost of extensions and additions to its property. Public offering of the bonds will be made at the current market price. The company supplies directly with one or more classes of public utility service 465 communiites in Illinois, and wholesales electrical energy to five other public utility companies, which in turn serve fifty-four communities. The company’s properties are for the most part located in some of the best agricultural and coal producing lands of the middle west, being in the corn belt or coal mining districts of central and southern Illinois. The corporation is a part of the Middle West Utilities System. Other Livestock By United Press CINCINNATI. Jan. 6.—Hogs—Receipts. 2,500; held over. 790; uneven, mostly steady on light weight butchers; spots 15® 25c lower on best 160-200-lb. averageshogs. 220 lbs. up. strong to 10c higher: better grade 130-225 lbs., $8.15. to mostly $8.25; some choice 160-190-lb. averages. $8.35; some 240-275 lbs., 57.50©8; heavier weights downward to $7; 120-140 lbs. quotable. $8; sows, w-eak to 25c lower; mostly $6: few smooth lightweights. $6.2a. Cattle—Receipts. 300; calves, 500; generally steady; odd lots lower grade steers and heifers. $6®7.50: some more desirable kinds up to $9; few yearlings, $lO @10.75; most beef cows, $4.75@ 5.75: low cutters and cutter cows firm; bulk. s3® 4.25; venlers steady; good and choice, $11.50®12.50; lower grades sll down. Sheep —Receipts. 125; steady; better grade handy weight lambs. $8.50 to mostly $9: common an dmedium. [email protected];’ fat ewes. $3. By United Press PITTSBURGH, Jail. 6.—Hogs—Receipts, 1,000; holdovers. 300; market, sUrf 15® 25c lower; 140-210 lbs., [email protected]; 100-130 lbs.. [email protected]; 220-260 lbs., $8.15®8.40; packing sows, slow to weak, medium to good, [email protected]. Cattle—Receipts, none; market, nominally steady. Calves—Receipts. 100; market steady with Monday’s averages; better grade vealers. $11.50® ! 13.50. Sheep—Receipts, 500; fat lambs, steady to strong; choice handy weights, $9, best held above; aged wethers, steady at $4.50 down. Bj United Press EAST BUFFALO, N. Y„ Jan. 6.—Hogs— Receipts, 900; holdovers 500; market somewhat uneven; generally steady; weights below 210 lbs. fairly active to shippers; bulk desirable 170-200 lbs.. $8 75weights below 140 mostly $9: 220-250 lbs.. $8.25©8.60; 260-325 lbs., $7,754/8.25; packing sows, $6.50®7. Cattle—Receipts, 50; cows fully steady; cutter grades, $2.50@4. Calves-—Receipts, 100; vealers, unchanged; bulk better lot $13.50. Sheop—Receipts, 100; lambs quoted steady at Monday's advance; late yesterday 90-lb. yearlings $7.93, ’

GRAIH FUTURES ARE STEADY IH LIGHT TRADING Rainy Weather at Argentine Gives Liverpool Firm Undertone. By United Press CHICAGO, Jan. 6.—Price ‘changes were small and unimportant on the Chicago Board of Trade at the opening today, wheat barely moving. The relatively strong foreign news offset discouraging domestic advices and selling was met by buying orders. Trade, however, was very light. Corn was steady to slightly lower, owing to a weakness in the stock market. Oats were firm in an exceedingly light trade. At the opening wheat was unchanged to Is cent lower; corn was a s cent lower to 7 s cent higher, and oats were unchanged to % cent higher. Provisions were dull and steady. Rain Continues The rainy Weather in the Argentine continues and is detrimental to the crop, hindering movement and lowering the quality, thus giving Liverpool firm tone, prices being but 74 to % cent lower at mid-afternoon. Buenos Aires was closed for a holiday, but reports torrential rains. The decline in prices Monday was regarded as being a natural reaction. The domestic situation is not encouraging as wheat stocks increase and the export outlook is bad, but the world situation reverses this. Cash Market Strong Corn raisers are not content with the prices they are receiving for their product and are generally holding for 60 cents per bushel with the prospect that if they get that figure they’ll hold back until the 65-cent mark is reached. Since the price of corn has fallen under that of wheat, much more corn is being fed to livestock. The strength in the cash market makes many traders friendly to the grain. Some interests favor buying oats mainly because they believe the price is too low considering its value as a feed grain. There is a good cash demand. The trend in corn plays the dominant role in the oats pit.

Local Wagon Wheat

City erain elevators are paving 70c for No. i red wheat and 68c for No. 1 hard wheat RAW SUGAR PRICES —Jan. 5 High. Low. Close. January 1.20 1.19 1.20 March 1.28 1.23 1.27 Mav 1.35 1.31 1.35 July 1.42 1.39 1.41 September 1.50 1.41 1.49 December 1.57 1.53 1.57

Investment Suggestions for January First Funds DESCRIPTION RATE MATURITY YIELD * Exempt in Indiana from all Municipal, State and Federal Taxes, except Inheritance Taxes j 7 j *M u nicipal Bonds Monroe County, Richland Twp. School 5% 1938-40 3.80% Indianapolis Sanitary District 4 1942-49 3.80/ 1953-60 3-85 *Qravel Road Bonds Laporte County, Michigan Twp 5 1934-35 3.80 1937-42 3 85 * U. S. Insular and Territorial Bonds Hawaii, Public Improvement4 H 1956/46 4.00 1952/42 4.00 ' 1950/40 4.00 *Joint Stock and Federal Land Bank Bonds > Federal Land Banks r..7TT.T ,1 . 4K~4 % 1953/33 4.90 Fletcher Joint Stock Land Bank . .f?. .. 4 H 1954/34 5.00 Lafayette Joint Stock Land Bank. .. 4H 1952/32 5.05 5 1951/31 5.20 California Joint Stock Land Bank 5 1951/31 6.35 Bonds and Certificates Northern Indiana Public Service Ist Mtg 4H 1970 5.07 Indianapolis Water Company Ist Mtg 53£ 1953 5.19 Fletcher American Cos. Real Estate Cert SK~SH 1932-35 5.50 Indiana Farmers Guide Cos. Ist Mtg 6 1933 6.00 Capitol Dairies, Inc. Notes 6 1932 6.00 Northern Indiana Telephone Cos. Notes 6 May, 1931 6.00 Indianapolis, Col. & So. Tract. Ist Mtg 6 1948 6.19 * * Exempt in Indiana from all Municipal and State Taxes, and Federal Normal Income Taxes **Preferred Stocks Chamber of Commerce Building Company 6 1940 6.00 Community Realty Company & 1943 6.00 Washington and Illinois Realty Company.... 6 1937-46 6.00 Severin Realty Company 6 1941-44 6.00 Bobbs-Merrill Company 6 6.12 Indianapolis Power & Light Company 6.37 Northern Indiana Public Service Company. 7 6.37 Fletcher American Company if i North Pennsylvania Street \. Indianapolis /

IDENTIFY SUSPECT AS BOSWELL BANK ROBBER Ralph Wilson, Ilcid at Jackson, Mo., to Be Extradited to Indiana. Through a photograph Ralph Wilson, held at Jackson, Mo., has been identified as one of four bandits who held up the First National bank of Boswell Sept. 8, escaping with $7,986, according to E. L. Osborne head of the state bureau of criminal identitfication, today. The bank cashier made the identification, Osborn said. Extradition papers are being prepared to return him to Boswell. William Meredith, captured in Missouri two weeks ago, also will be returned to Boswell in connection with the robbery. The two also are suspected as participants in two holdups of the Marshfield State bank, and other jobs in the state. BUY NEW POLICE CAR Lincoln Phaeton Sold to Safety Board for Sum of $1,975. A brand new* police emergency car will make its debut at headquarters within the next few days. Representatives of the Ford Motor Car Company today sold the safety board a Lincoln phaeton for $1,975. The regular price of the car is in excess of $4,400. but the board is not permitted to spent more than $2 000 for a police car. The car is equipped with shatterproof windshield and radio and police equipment will be added at the police garage. Marriage Licenses David R. Henderson. 22. of 2407 Ethel, clerk, and Anna L. Rucker, 21. of 904 Edeemont. Clyde E. Volkers. 30, of Terre Haute, photographer, and Odesea M. Hodshire. 28. of 4112 Graceland. teacher. William H. Covington. 25. of 4505 East Twenty-first, mechanic, and Bertha Coley. 35. of 4505 East Twenty-first. Hurshell G. Marshall. 24. of 1130 Olive, salesman, and Vera E. Miles. 30. of 656 East Twenty-first, clerk. Walter J. Rush. 21. of 1421 Broadwav. salesman, and Phyllis F. Rice. 18. of 6201 Park, clerk. Lowell Greene. 27. of 2218 Broadwav. buver. and Laura Dirk. 25. of 3544 Carrollton. clerk. Milton K. Deetman, 22. of Frankfort, student, and OUie Schleeter. 23. of 615 East Market. Melvcn W. Ponnell. 24. of 3709 East New York, clerk, and Kathvrn M. Spitz, 18. of 406 North Denny. Chicago Grain Table —Jan. 6 WHEAT— Prev. High. Low. 11.00. close. Mar 80 1 4 .80% .80's .80% Mav 81% .81% .81% .81% July ...' 64% .64% .64% .64% CORN— Mar 69Tg .68% .69% .69% Mav 70*4 .70% .70*4 .70% July 71% .71 1 a .71% .71% OATS— Mar 33% .53% .33% .33% Mav 33% .33% .33% 33% July 33% .33% RYE— Mar 41% Mav .42* a .42% .42-4 .42% Jluy . 42*4 .42% LARD— Mar 8.80 8.72 May 8.97 8.87 Jluy 9.07 9.05 0.07 9.02 BV Times Special CHICAGO. Jan. 6.—Carlots: Wheat. 98; corn. 107: oats. 16.

JAN. 6. 1931

HOSPITAL GILL HEARINGS NEAR Ludlow Urges More Beds for Veterans’ Unit. By Times Special WASHINGTON. Jan. 6.—Committee hearings on Congressman Louis Ludlow’s bill to increase the Indianapolis veteran's hospital from 150 to 500 bids, will begin here oa Tuesday, Jan. 13. Mrs. Edith Norse Rogers, chairman of the hospitalization subcommittee of the veterans’ affairs committee, announced today. Ludlow will appear before the subcommittee to present the opening argument for the larger hospital. He then will present Dr. George W. Bowman of Indianapolis, chairman ol the Indiana Legion's hospitalization committee. The first unit of the projected hospital, to be erected on the site of the Coffin golf course, already has been authorized. Bids for this $500,000 job are to be opened by the veterans’ bureau, Jan. 20. Construction should begin within sixty days thereafter. Ludlow hopes to have the authorization increased to 52.000.000 during the present session. If his new bill passes. Ludlow will se&k to have the construction work continue without interruption until the entire project is completed.

CLOSE MARKET. URGE OF SAFETY BOARD MEMBER Standliolders Complain of Closing Hour Violations. Complaints of standliolders located in the market house against outside stand operators for not observing closing hours, today brought a statement from Donald S. Morris, safety board member, that “the market should be abolished.” Members of the board will investigate the charges that closing hours and regulations are not being observed by outside standhoiders. “The market ought to be abandoned, anyway,” Morris said. “The grocers would have a chance then." In the Air Weather conditions at 9 a. nv: Northwest wind, 11 miles an hour, temperature. 35: barometric pressure, 29.77 at sea level; ceiling, 7t)o feet; visibility, 2 miles; field, good. Plane Sales Heavy Sales amounting to $26,550 have been made by the Eaglet Aviation Corporation since its incorporation three months ago, Herbert O. Fisher, Chamber of Commerce aernoutics director said. Through sale of the planes two active flying clubs have been organized during the last two months, he said.