Indianapolis Times, Volume 42, Number 210, Indianapolis, Marion County, 10 January 1931 — Page 12

PAGE 12

HEAVY PROFIT TAKING SENDS ISSUES LOWER % United States Steel Forced Off in Last Minute of Trading.

Average Stock Prices

d*v V A*ii?L thirtv , ‘nduurUU for Thurs?*X. W ** A7J.04, uo 1.18. Average of twenty mio u ai „ 104^’a. ud 70 Average of twentv linll I ,* * wa * *3.08. up .84. Average of forty bonds was #8.54. unchanged. y Bp United Press NEW YORK. Jan. 9.—Stocks reacted in the late trdaing today on heavy profit-taking, a sharp uprush in the railroad division, fchich sent one stock up 16 points and others 1 to 7 points, was arrested by a statement of General W. W. Atterbury, president of Pennsylvania railroad, that the consolidation plan in the east would not be effective for four or five years According to preliminary calculations the Dow, Jonas fe Cos. industrial average declined 2.32 points to 170.71 and the railroad average advanced .86 point to 105.47. Sales totaled 2,794,720 shares compared with 1.706.093 shares on Thursday. Chemicals Break Chemical shares broke on price cuts. A reduction to 10 cents a pound for domestic copper by some sellers brought the coppers down. Later in the day, dealers reduced tire prices and the rubber shares joined the reaction. Brokers had warned traders against over extension of their lines, anticipating a technical reaction. Hence when the market showed signs of weakness longs were quick to unload for what profit they could get. Before the decline set in wide gains had been run up in sucli rails as Pittsburgh <te West Virginia, New York Central, Pennsylvania, Atchison and Baltimore Sc Ohio. United States Steel touched 145. anew high on the move, but near the close it broke below 143. Other industrial leaders followed. Motor shares moved up for a time with Nash and Auburn the features. They lost the gains later. Oils did the same and utilities dipped from highs with the exception of North American, which rose more than 2 points. Rails Are Strong Railroad equipments had another period of strength with Lima Locomotive in demand. Special issues advanced during the early trading, | with good gains in Worthington i Pump, American W oolen issues, j Blaw Knox, Eastman Kodak. Gillette and Poster Wheeler. Packing , issues also moved up ior a time. Call money was again in supply, i holding at 1% per cent officially, but lending as low as 1 per cent outside the stock exchange. Time money was dull and easier in tone. Allied Chemical continued to decline to the close. It touched 164, off 9 points in the late dealings and other chemical issues dipped with it. Trading was more active than yesterday and it picked up in volume as the selling increased near the close.

Bank Clearings

INDIANAPOLIS STATEMENT —Jan. 0— Clearings .$ 3,316,000.00 Debits (5.449.003.00 TREASURY STATEMENT —Jan. 9 NX balance for Jan. 7 $268,400,592.90 Expenditures 10,082.885.19 Customs rects month to date 4.720.189.48 CHICAGO STATEMENT —Jan. 9 Clearinss $74,200,000.00 Balances 7,600,000.00

New York Curb Market

(Bv Thomson & McKinnoni —Jan. 9 Close. 1 Close. Am Com Pwr.. 12% Midw Ut 20% Am Gas & El.. 76 Mo Ken Pipe... 8% Am Lt & Tr... 45%:Mt Prod . 5 s * Ark Gas 6% Nat Av 5 Aviation of Am 25 Nat Inv 4% Brazil P <fc L. 24% Newmont Min.. 50 Can Marc 2% Nia Hud Pwr.. 10% Cities Serv 17% Noranda IS Cons Gas 83%,Penroad 7 s , Cord 6%'Salt Creek 7% Crocker &Wh.. 9%15el Indus 4 Durant M0t..... 1% Shenandoah ... 4% Elec Bond Sh.. 43%iSt,d of Ind .... 37% Ford of Can... 23 Std of Kv 22 Ford of Enc... 15"*,Std of 0hi0.... 59 Ford of P’r 7%. Stutz 18% Fo xThcater . . 4'* Tr Air Tr 4% Goldman Sachs 6 % Un Gas 9% Gulf Oil 73% Un Li & Pwr.. 24 s * Hudson Bay ... 4% Un Verde 9% Insull Ut 35%|ut Pwr 10% Int Super .... 23% Vacuum Oil ... 61 Int Pete 15 |Wallrcen 19% Lion Oil 6%

Net Changes

Fy United Press NEW YORK. Jan. 9.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. Off American Can 112=.i ... }■* American Smcltina 4 a ... IS American Telephone 186 ... ’s Ailleti Chemical 164 ... 9 Bvers S ... IS Case 88 ... 3 S Consolidated Gas 85S ... 1 General Electric 45' 2 ... S General Motors 36* 2 ... •' international Telephone.... 23 ... Pa I.oeWs Inc 47 r 'a > ■’a Montaomerv Ward 18 .. * N Y Central 132 \ Pennsylvania 60-’* . .. Radio I4;a Radio-Keith lPa .. Sinclair 12 J 3 a ... Standard Oil N J •... So’ ... 'a Transamerica 134* ... J United Corporation 18 5 a ... •* U S Steel 142 J. . 1" Vanadium 52 'a ... 2 s * Westinßhouse Electric 91 ... 2 1 *

Investment Trust Shares

aßv R. H. Gibson * Cos.) f —Jan 9PRiCES ARE TO 12 NOOX C. S. T Bid. Ask. Amer Founder's Corp c0m.... 4% 5% Am & Gen Sec A 13% 14% Am Inv Trust Shares 5% 5% Cumulative Trust Shares 7%. 8 Basic Industry Shares 6% 7% Corporate Trust Shares fi 6% Diversified Trustee Shares A . 17 17 s , First American Corn 7% 8% Fixed Trust Oil Shares 5% 6% Fixed Trust Shares A. 15 Inv Trust NY 7% 8% Leaders of Industry Series A.. 8 Nation Wide Securities 6% 7% National Industry Shares..... 6". 6% N Am Trust Shares 6 6% Sel Am Shares 5% 5% Shawmut Bank Inv Tiust 7 8. Universal Trust Shares 5% 6% 8 W Strauss Inv Units 43 54 ■Super Corn of Am Trust Sh A 7% 7% Fundamental Trust Shares A. 7 7% Fundamental Trust Shares B. 7*4 7% D S Elec Light & Pwr A 29 31

Lcoal Wagon Wheat

Citv **-!n elevators are oaring 70c for No. 1 red whet and 68c for No. 1 hard %hea*. RAW SUGAR PRICES ■ —Jan. 9 High. Low Close. January 1.62 1.62 1.62 March 1.35 1.30 1.32 Mar 1.42 1.37 1.39 jklr 14H 1.45 1.47 ¥ '®&er 1.63 1 60 1.61

New York Stocks —— (Bv Thomson At McKinnon. " 1

Up United Prcss NEW YORK. Jan 9 Sales on the New York Stock Exchange today totaled 2.794.720 shares; Curb Stock Exchange sales totaled 594,800 shares. Jan. 9 Prev. Railroad*— High. Lor Close close. Atchison 192 1 _• 189 189% 189*4 4tl Coast Line. . li4 , 114 Balt & Ohio. ... 81'* 79 19 78 7 C-hesa At Ohio . 41' 41% 42% 42 Chesa Corp .... 44". 42% 43 42** Chi Grt West.. 7% 7 7 ! * Jt, Chi N Wert 43 $9 41 38', j C R I At P 1 >B 571* 55 Dei L At W 100. 98% 99% 102 Del At Hudson .149 115 146 145% Erie 35 32*. 32*4 32V. Erie Ist Dfd. , 45 43 43 4o Great Northern 67'* t>4 04% 64% Gulf Mob & Oil • 22% 16% 20% 20% Illinois Central . 82% 79% 81% 79 Kan Citv So 43% 40 43 40 Lou & Nash ... 107 106 106% 104 MK Ac T 24'. 21',* 22% , 21% Mo Pacific .. . 37% 34 36 33% Mo Pacific pfd 96 92% 95 91% N Y Central ..124% 121% 122 121% NY NH Ac H 91 87% 88 87 Nor Pacific .... 59% 57% 58 57Va Norfolk At West 206 206 204 O At W 8 7 8 6Va Pennsylvania ... 62% 58 60 % 61 Reading 90 * 87 90 * 83% So Pacific 102%. 101% 102 101% Southern Rv 80% .18% 58% 57% St Paul ~ 8% 8 8 BV4 St Paul pfd 14% 13% 13% 13% 3t L 4 S F,„ 52 50 51% 48 Union Pacino .190 187 187 188 Wabash 26 21 23% 21% W Maryland ... 17% 18% 16% 16 •* West Pacific 13 13 nauiomenls — Am Car A Kdv 34% 33% 33% 33 Ain Locomotive.. 26 % 25% 25% 26% Am Steel Fd. . 29 28% 28% 28 Am Air Brake S 36’. 36% 61". ... Gen Afn Tank i.l * 60 60 60 General Elec. . 46% 45% ■•■>% 46% Gen Rv Signal 73% 72 72 73% Lima Loco 33 * 30% 30% 31% Me n El Slip. 2 N Y Air Braxe 23% ... Press StJ Car. 5% 5% 5% 4% Pullman 58 56 56 57% Westillgh Ar B 34% 34 34 34 Westingh Elec.. 94% 90% 91 93% Rubbers—Fisk " % '* % Goodrich 17% 16% . 16V* 16V* Goodyear 46% 44V* 44% 44% Kelly Sprsrfld .. 1% 1% 1% 1% Lee Rubber . . 3% 3% U S Rubber ... 13% 12% 13 12% Motors— Auburn 113% 107%. 107'.. 110%. Chrysler 17% 16 16% 17% Gardner 1% 1% Graham Paiße.. 4% 4% 4% 4% General Motors. 37'. 3C. 36'% 36% Hudson 25% 23% 24 23% Hupp 9% 8% 8% 8 < Mack 40'.. 39 39 33% Mcrmon 7% 6'% 7% 6 Nash 32% 30% 30"* 30 Packard 9'% 9'* 9% 9% Pierce-Arrow . 20 Rco . 9% 9% 8% 9% Studebaker . . 24% 23 23 s * 23% Yellow Truck 11 10% 10% 10% Motor Access— Bcndix Aviation 20% 18% 19% 19% Borg Warner ... 23% 22% 22% 22% Briggs . 18% 17% 17% 18% Budd Wheel .. . 9% 9% 9% 8% Eaton 15% 13% 15%: 15% El Storage B . 56% 55 55 55% Haves Body ... 4 3% 4 4 Houda 5% Motor Wheel . . . 15% 15"* 15'.. 15 Sparks W 12 10 10% 10 Stewait Warner. 19% 18% 19 18V* Tlmkin Roll .... 48% 47 47% 47 Mining— Am Metals 18 16 Am Smelt 45% 43% 43% 45 Am Zinc . 5 5% Anaconda Cop. 32% 31% 32 32 s * Cal & Hecla. . 8% 8% 8% 8% Cal A; Ariz . . 37 37% Cerro de Pasco 24% 23% 23% 24 Dome Mines. 9% 9% Freeport Texas.. 32V* 31% 31 s * 31% Granby Corp.. . !6% 15 * 16 16% Great Nor Ore 20% 20 20 20% Howe Sound 23% 2.3 23 23 Int Nickel .. 16', 15% 15 s , 16’* Inspiration . 8% BV* 8% BVi Kennscott Cop. 24% 23% 23% 23 Magma Cop a 22 22% Miami Copper .. 8% 7% 8% 7% New Cons 11 10% 10 s * 11'/* Texas Gul Sul . 49 s * 47% 47.% 49 U S Smelt 22 21% Oils— Amerada 21 20% 20% ... Am Republic. 8 ... Atl Refining.. 32% „i% 22 21% Barnsdali . .... 13% 12% • 12 s * 12% Beacon ....... . 10 10 Houston 9% 8 ' * 9', 2 9% Indian Refining . 4U 4% Mex Sbd . 14V- 13', 13% 13% Mid Conti 16% 16% 16% 16% Pan-Amer IB> . ... 36 Phillins 15% 1.4”.* 15 *5% Pr Oil At Gas 17% 17% 17% 17% Pure Oil Ill* 11 11 11 Richfield s‘* 5 5 Vi 5% P*o\al Dutch 40% 4040% 40% Shell Un 9% 9% 9% 9% Simms Pt 9% 9 9% 8 Sinclair 13% II 7 , 12% 12 Skellv 12% 11% 11 s , 124, Standard of Cal 50 *9 49 49% Standard of N .1 51% 50 50% 50% Standard of N Y 25 24-, 24% 24% Texas Cos .. 35% 35% 35% 35'/* Union Oil ... 25% 24 5 , 24% 25 Steels— Am Roll Mills . 32% 30% 30% 32 Bethlehem 54 52% 52% 52% Byers A M 46% 43% 43% 44% Colo Fuel 26% 25% 25% 25% Crttc Steel 60% 57% 57% ... Inland 60% 60 60 60% Ludlum 14% 13 7 i* 13% 13% Midland 23% 23 23 23% Newton 18 17% 17% ... Repuh ItS 19Vi 17% 17% 18%* U S Steel 145 142% 142% 144’* Vanadium 58Vi 52* 52% 55V* Yonngst S & W 24% 23% 23% 24 Tobaccos— An Sumatra 8% ... A Tob A (new 1 110 109% A Tob B (new 113 110% 110% 111% Con Cigars .... 29% 27 29% 27% General Cigar . 38% 37 s * 38% 37% Lig & M <Bi . . 00% 38% 89% 38% Lorilard 13% 13% 13% 13 Phil Morris 9% 9% 9% 9 Reynolds T0b.... 42 s , 41% 41 s , 42 Std Com Tob.. .. ... ... 3 Tob Pr A 11% 11 Vi 11% 11 United Cig . • 4% Utilities— Abiiibi 12% 11% 12% 11% Adams Exp 19", 18%. 19 18 s , Am For Pwr ... 35% 33Vi 33% 34% Am Pwr & Li... 50% 48 48 49% AT&T 138' ” 185 s , 186", 186% Col Gas & E 1... 37% 35*, 35(8 46% Com & Sou 9% 3% 9 9% El Pwr & Li. 45% 43% 43", 45 Gen Gas A .... s s , 5% 5Vi 5*.-a Inti TANARUS& T 24% 23 23 24% Natl Pwr & Li. . 35% 34% 34% 35% No Amer Cos . 70% 67% 68 67% Pac Gas & El. 49 48% 48% 48% Pub Ser NJ. . 80% 77% 77"* 77% So Cal Edison . 48% 48% 48% 49 Std G & El.. 66*% 63% 64 65 United Corn . 19 s , 18% 18 s , 19% Ut Pwr &L A 25%. 24% 25 24% West Union .. .149 145 145', 143 Shipping— Am Inti Corp .. 21% 20% 20% 20%

Produce Markets

Bees (Country Run'—Loss oil oellveied in Indianapolis. 20c: henerv duality No. 1 25c; No. 28. 15c. Poultry ißuvme Prices'—Hens, welshing 5 lbs. or over. 17c; under 5 lbs.. 15c: Leghorn hens, lie: springers. 5 lbs., or over. 16c; or under 5 lbs.. 15c: ducks, springers, lie: old cocks. 9@llc: ducks, full feather fat white. 11c: geese. 11c. These prices are for No. 1 top quality ouoted by Kingan & Cos. Butter (wholesale)—No. l! 31®3?.c: No 2. 30031 c. Butterfat—2sc Cheese (wholesale selling orice per pound'—American loaf. 31c: pimento loaf, 22cc: Wisconsin firsts. 27e; Longhorns. 34c: New York Llmbereer. 36c. Bp United Press NEW YORK. Jan. 9.—Potatoes—Market steady to firm: Long Island. $1.85 5 4 bbl.; Maine. $3(5 3.75 bbl.: Idaho. 45cSS3 sack: Bermuda. $709.50 bbl.; Canada. 75c® 53.85 bbl.; southern crate, $1.50 0 2.25. Sweet potatoes—Market aulet: Jersey baskets. 75c® $2.75; southern baskets. $1.05® 1.75. Flour—Market steady and unchanged: spring patents. 54.5054.80 bbl. Pork—Market aulet; mess. $28.50. Lard— Steady; middlewest spot. $9.2009.30. Tallow—Steady; special to extra. 4%@4%c. Dressed poultry—Market steady to firm: turkeys. 30044 c; csickens. 20 039 c; capons 25®44c; fowls. 14®28c; ducks. 13®23c; Long Island. 22® 23c. Live poultry—Market firm: seese. 13®22c; ducks. 14®32c; fowls 23029 c; turkeys. 30®40c; roosters. 14015 c: chickens. 20026 c: capons. 22 0 40c; broilers. 35®45e. Cheese—Market steady; state whole milk: fancy to specials. 180 22',jc; young Americas. 17020 c. Bp United Press CHICAGO. Jan. 9.—Eggs—Market steady: receipts. 6.388 cases: extra firsts. 27c; firsts, 24%• 0 25c: ordinaries. 18022 c; seconds. 12016 c. Butter—Market firmer; receipts. 6.768 tubs: extras. 27%c; extra firsts. 26©26%c; firsts. 25®25%c: seconds. 23 0 24c; standards. 27%c. Poultry—Market steady: receipts. 2 cars: fowls. 21%c; springers, 21c: Leghorns. 15c: ducks. 22c; geese. 14c; turkeys. 225 25c; roosters. 14c. Cheese—Twins. 15%@15%c; voung Americas. 16c. Potatoes—On track, 160; arrivals. 77: shipments, 759; market about steady; Wisconsin sacked round whites. 51.50® 1.65: Idaho sacked russets. sl.Bo® 1.90; Colorado McClures, branded, $1.85® 1.90. Bp United Press CINCINNATI. 0.. Jan. 9.—Butter, creamery in tub lots, according to .wore. 230 28c: common score discounted. 2® 3c: packing stock No. 1. 22c: No. 2. 13c: No. 3. 10c: butter fat. 2l®2Sc. 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 ower. 22c: 4 lbs. and over. 20c: 3 lbs. and over, 16c: Leghorns. 3 lbs. and over. 14c: roosters. 13c: capons. 8 lbs. and over. 32c; under 8 lbs. .28c: slips. 21c; stags. 18c: colored fryers, over 3 lbs.. 29c; over 2 lbs.. 29c; broilers colored. 1% lbs. and over. 21c: Leghorn and Orpington fryers over 2 lbs.. 22c: roasting chicks. 4 lbs. and over. 28c: black springers. 15c. Bp United Press CLEVELAND, Jan. 9.—Butter—Extras 1 27%c: standards. 27%c. Eggs—Extras. 28c: firsts. 25c. Poultry—Heavy fowls. 22c; medium, 18*/ 19c: Leghorn fowls. 17® 18c heavy broilers, 23®25c: Leghorn broilers, 15c; ducks. 25c; old cocks. 13c; stags. 20c; geese. 15® 16c, capons. No. 1. ?B®33c. Potatoes—Ol#o home growns. *l®l.io per 60-lb sack; Maine Oreen Mountain best, *4ck; Idaho Russet, $..254/2 35 per 100-lb. saefc.

Am Ship & Com 1 ... Atl Gulf Ar \V I. . ... 34% ... Inti Mer M pfd 15% 15% 15% 15% United Fruit 60 69 59% 58'% Food*— Am Bug 50% 49 49% 50 Armour A 3% 3% 3% 3% Cal Pkg 47% 46% 46% ... Can Dry 34 33% 33% 33% Childs Cos 27% 27% 27% 28 Coca Cola 154% 151 153 151% Cont Baking A.. 23% 21% 22% 21% C,rn Prod 81V* 78% 80 80 Cudahy Pkg 43 4,1 Gen Foods 50% 49% 49% 50 Grand Union .. 12% 12% 12% 12 Herahev 91% DO 91% 88 Jewel Tea 42 40% 40 Va 40% Kroger 20% 20 20 20% Nat Biscuit 81% 80Vi 80% 81% PiIISbUTV . 28% 28 Safeway St .. 43 41% 41% 43 Std Brands.. 18% 17% 17% 17% Ward Bkg .... 4% 4% 4% 4V4 Drug*— Cotv Inc 2% 9% 9% ... Lambert Cos 83% 82 82 83 7 /* Lehn & Fink ... 26 5 , 2* 26 26V, Industrial*— Am Radiator .... 18% 18 18 18% Bush Term ... 24% 23% 24% 23 Certalnteed .4 3*, 4 3% Gen Asphalt ... 28'* 26V* 27% ... Lehigh Port ... 18 Otis Elev 58% 56'* 56'/* ... Indus Chems— Allied Chem ....173% 164 164 173 Com Solv 16% 15"* 15Vi 18 UnKn Carb 61 58% 58% 60 U S Ind Alco 63% 63% 63% 63% Retail Store*— Assoc Dry Gds. 24% 23% 24% 237* Gim'oel Bros 47* Kresge 8 S ... 26% 26% May D Store 3 1 30 30 30 Mont Ward... 19% 18 18 18% Penny J C 29 s , 29V* 29% 29V. Schulte Ret St . . .. 47* Sears Roe 50% 47% 47% 50% Woolworth 59", 58 58 59 Amusements* — Col GraDh 9% 8% 8% 8% Croslev Radio 47i 4 Vi Eastman Kod . 160% 156% 156'/, 1.46% Fox Film A. .. 28% 27%. 27% S7Vi Grigsby Gru.... 4% 4 4 4% Loews Inc 497, 477i 47% ... Peram Fam 42% 41 41 42% Radio Corp 15% IS 7 , 147i 14V, R-K-O 18% 17 17% 177a Schubert 5V* ... Warner 8r05.... 17% 16% 16% 16% Miscellaneous— Airway App.... 7% 7'% 7% 7% City Ice & Fu 36 % Congoleum .... 87, 77* 77* 77, Am Can 115", 1127, 11274 114% Cont Can 5174 50% 50% 507* Curtiss Wr 4 374 374 4 Gillette S R... 2674 24% 2474 2574 Real Silk 27 Un Aircraft 27 25 % 26 27

Indianapolis Stocks

—Jill. 9 Bid. Aak. American Central Li Inc C 0.1,000 Belt R R & S Yds Cos com.. 47 51 Bit R R Yds Cos pfd 51 56 Bobbs-Merrlll Cos 25 Central Indiana Pw Cos pfd 7s 79 84 Circle Theater Cos com 75... 98 Citizens Gas Cos com 105.... 22 Citizens Gos Cos pfd 5s 98 103 Commonwealth In Cos pfd 7s 98 100 Commonwealth In Cos pfd...100 Hook Drug Cos com 1 Indiana Hotel Cos Clapl c0m.125 Indiana Hotel Cos pfd 6s 100 Indpls Gas Cos com 6s 54 Indpls FWr L; & Cos pfd 6%a..10l Indpls Fu Well L Assn com 8s 51 Indpls Water Cos pfd 5s 101 Interst Pu Ser Cos pr li pfd 6s . . 88 'lnter Pu Ser Cos pr li pfd 7s 95 101 Metro Loan Cos 8s 101 N Ind Pub Serv Cos pfd 5%s . 94 ■North Ind Pub Serv Cos pfd 7s 96 101 Northern Ind Pu Sv Cos pfd 7s. 105 101 Prog Laundry Cos com 31 E Rauh & Son Fertil Cos pfd 6s 47 Terre Haute Lt & Pwr pfd.. 67 Union Title Cos com 5s 34 Van Camp Prod Cos Ist pfd 7s .. 93 Van Camp Prod Cos 2d nfd 8s . 98 Auburn Automobiles Cos com.. 111% 113% Eanhstav Welt Cos com 12 13 Ind Pipe Line Cos 16 19 Link Belt Cos com 29% 31 Lynch Glass Machine Cos com. 15% 17 Mead Johnson & Cos com 76% 7174 N Y Central Railroad Cos 123 125 Noblitt-Sparks Industrials Inc 37 39% Perfect Circle Cos com 25 28 Real Silk Hosiery Mills Inc Cos 26 28 Real Silk Hosiery Mills pfd.. 83 85 Ross Gear & Tool Cos 21 24 Standard Oil Cos (Indiana).... 38% ... Studebaker Corporation 23' 4 2574 Ter Haute Trac & LI Cos 5s "Ex-Dividends. . Bond* Belt R R & Stk Yds Cos . .. 8S Broad Ripple Trac Cent Ind Gas Cos 5s 98 Citizens Street Railroads 65.. 23 28 Home T & T of Ft. Wayne 6s. 102 Ind Railway & Light Cos 55.... 92% ... Indpls Pwr & Lt Cos 99 '/a 101% Indianapolis Gas Cos 5s 99% 101% Indpls & Martinsv Ra Hr Cos 5s 15 Indpls & Northw Trac Cos 55.. 5% ... Indpls St Ry 4s 15 Indpls Trac & Term Cos 35.... 44 Indnls Union Rv 100 Indpls.Water 5s 98 Indpls Water Cos 5%s 103 104"4 Indpls V/a Cos Ist Hen & ref 5s 97% ... Indpls Water Cos 4%s 9574 ... indpls Water Works Sec Cos 5s 89 Uo Ind Pub Serv Cos 5s 99 No Ind Te>Dh Cos 6s 98% 100

Cash Grain

—Jan. 9 The bids for car lots of grein at the call of the Indianapolis Board of Trade, f. o. b., shipping point, basis 41VaC New York rate, were: Wheat—Firm: No. 1 red, 72073 c; No. 2 red, 71072 c; No. 2 hard. 69®70c. Corn—Firm: No. 4 white, 5?@64c; No. 5 white, 60@62c; No. 4 yellow, 61@63c; No. 5 yellow. 59®61c: No. 4 mixed, 59® 61c: No. 5 mixed. 58®60c. Oats—Steady: No. 2 white, 30%@31%c; No. 3 white. 30@31c. -„S ay ~ F - °- b - country points taking 23 %c or less rates to Cincinnati or Louisville.) Steady: No. 1 timothy. [email protected]; $13@14; No. 1 light clover mixed. sl6® No. 2 timothy, $15016: No. 3 timothy, 16.50; No. 1 clover mixed, $16.50@17; No. 1 clover hay, $17.50@18. —lnspections Wheat—No. 2 red. 1 car. Total. 1 car. Corn (old) —No. 3 white. 1 car; No. 2 yellow, 2 cars; No. 3 yellow, 17 cars; No. 4 yellow, 21 cars; No. 5 yellow. 3 cars No. 3 mixed, 1 car; No. 5 mixed, 1 car. Total, 46 cars. Oats— No. I white. 4 cars; No. 2 white, 5 cars. Total, 9 cars.

In the Stock Market

, (Bv Thomson & McKinnon) NEW YORK. Jan. 9.—Buoyancy characterized the forepart of today’s session, reflecting increased confidence that affairs in the commercial world were on the mend. Afforidng the leadership which carried the list with few exceptions, notably the chemical stocks, to the highest levels for some time, were the rail shares. Vigorous buying in this department appeared to be predicated upon the intimations that the interstate commerce commission was agreeable to the eastern railroad mergers and that efforts were being made to hasten as much as possible the formal approval. The railroad shares, which long have’been favored by European investors, were said to be meeting a renewed demand from this source, in response to the optimistic remarks of Mr. Warburg. The prestige of this international banker is very high abroad, and it is quite reasonable that the confidence which he expressed : i our business outlook and security values carried weight abroad, as it did here. It is also fair to assume that Mr. Warburg reflects the views of the banking fraternity. The consistent strength of the security markets since the first of the year and the tendency of the stock market to broaden and gain in activity with advancing prices, as evidenced in today's session, are encouraging factors. It indicates that the market is free of necessitous liquidation and is more and more attracting investment buying. This buying should become increasingly forceful, particularly on the setbacks, as signs of trade recovery become better defined.

New York Bank Stocks

ißy Thomson &• McKinnon) Jan. 9 Bid. Ask. j America 62% 65% Bankers ! 115 118 1 Brooklyn Trust 515 525 Central Hanover 237 262 Chase National 100 103 Chatham Phoenix National 77 78 Chemical 50% 52% Citv National 96 99 , Corn Exchange 133 137 Commercial 295 Continental 21% 24% , Empire 58 61 First National 4.025 4 225 Guaranty 500 505 Irving 37% 39% Manhattan Si Cos .J- 90 93 Manufacturers . ...Jp, 47 % 49% New York Trust . % 161 166 Public 4........ 67 7* i

THE INDIANAPOLIS TIMES

PORKERS SELL IRREGULAR AT 1 LOCAL YARDS Cattle Continue Unchanged; Vealers Stationary at sl2 Down. HOGS •Jan. 2 58.35 £ 8.40 68.40 6.000 2. 7.6541 8.40 8.40 3.000 5. 7.400 8.15 8.15 8.000 6 7.50 0 8.20 3.25 7.000 7. 7.700 8.40 8.40 6,000 8 7.50 0 8.20 8.20 8.500 9. 7.60® 8.15 8 15 6.00 C Hog prices today at the local stockyards were mostly irregular, with a two-way market. Lightweights were steady to 5 cents lower, others mostly 5 to 15 cents higher than Thursdtky’s average. The bulk, 100 to 300 pounds, sold at $7.60 to $8.15. Receipts were estimated at 6,000. Holdovers, 161. Cattle market generally steady. J Receipts, 500. Vealers mostly unchanged, selling at sl2 down. Receipts, 600. Sheep and lamb% little change, selling at Thursday’s best time; good and choice lambs sold at $8.50 to $3.75. Receipts were 2,000. Chicago hog receipts, 53,000, including 22,000 directs. Holdovers, 8,000. Market around 10 cents lower than Thursday's average on weights below 200 pounds; heavier weights slow; few early bids and sales of 170 ito 200 pounds sold at $7.60 to SB. ; Early top, SBf choice of 280-pound- | ers solds at $7.40. Cattle receipts, 3,000. Calves, 1,000, and strong. Sheep receipts, 14,000, and steady. HOGS Receipts, 6,000; market, uneven. —Light Lights—--1 (140-160) Goop and choice.. $ 8.15 —Light Weights—-(l6o-180) Good and choice... 8.15 (180-200) Good and choice.... 8.10 —Medium Weights—-(29o-220) Good and choice... 8.000 8.05 (220-250) Medium and good.. 7.80<8> 8.00 —Heavy Weights—-(2so-290) Good and choice... 7.600 7.80 (290-350) Good and choice.... 7.400 7.60 —Packing Sows—-(27s-500) Medium and good .. 6.00@ 6.75 (110-130) Slaughter Pigs .... 8.000 8.05 CATTLE (Slaughter Class) Receipts, 500; market, steady. Good and choice $11.00013.50 Common and medium 6.75011.00 (1.100-1.500) Good and choice 10.50013.00 Medium 700010.50 —Heifers—- _ _ J _ , (500-850) i Good and choice [email protected] Common and medium 6.00® 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, 000; market, steady. i Good and choice $11.50® 12.00 Medium 7.00011.50 ; Cull and common 5.00@ 7.00 —Calves— Good and choice 6.000 9.50 Common and medium 3.50® 6.00 STOCKERS AND FEEDER STEERS Good and choice $ 6.50® 8.30 Common and medium 4.50® 6 50 _ . J • (800-1.500) Good and choice 6.50® 8.50 Common and medium 4.75® 6.50 SHEEP AND LAMBS Receipts. 2,000; market, steady. I Good and choice $ 8.25® 8.75 1 Common and medium ....... 6.00* 8.25 L. ~ —Ewes— Medium and choice 2.50® 3.75 . Cull and common I.oo® 2.50 Other. Livestock By Cmted Press CHICAGO. Jan. 9.—Hogs—Receipts. 51,000; including 22.000 direct; steady to 10c active on lighter weights; top, $8.10; bulk. 130-200-lb. weights. $7.90@8: 210-300-lb. weights, $7.30 0 7.90; pigs. $1,75 ®8; packing sows, [email protected]; light lights. 140-160 lbs., god and choice. $7.90 08.10; light weight. 160-200 lbs., good and choice, [email protected]; medium weights. 200-250 lbs., good and choice. $7.5008; heavy' weights. 250-350 lbs., good and choice, $7.10®7.60: packing sows, 275-500 lbs., medium and good, $6.2506.75: slaughter pigs. 100-130 lbs., good and choice. [email protected]. Cattle —Receipts, 3,000; calves. 1,000; trade on lower grade steers, weak to 25c lower; yearlings, especially heifer and mixed yearlings. sharing decline: most steers here eligible to sß® 9.25; with prospective top weighty offerings around $11; snippers demand narrow and local killers not nearly as active as earlier in the week. Slaughter catle and vealers—Steers. 600-900 lbs., good and choice. SIOO 14.25 ; 900-1100 lbs., good and choice. [email protected]; 1100-1300 lbs., good and choice. $9.75014.25; 1300-1500 lbs, good and choice, $9.75@14; 600-1300 lbs., common and medium. $6.25010: heifers. 550-850 lbs./good and choice, sß@l2; common and medium. $5.50@8; cows, good and choice .$5.50 07.50: common and medium, 54.25©5.50; low cutter and cutters. S3® 4.35: bulls, yearlings, excluded, good and choice, befe. $5®6.25: cutter to medium. $405.65: vealers, milk fed, good and choice. [email protected]; medium. $7.50@9: cull and common, $507.50. Stocker and feeder cattle—Stars. 500-1050 lbs., good and choice. s7®9; common and medium. SS.S.O® 7. Sheep —Receipts. 14.000 :market. mostly steady; bulk, good and choice lambs, sealing 92 lbs. and down. $8.2508.75: early top, $8.85: some held higher; good yearlings. $6.75; fat native ewes. s3® 4. Slaughter sheep and lambs—Lambs. 90 lbs. down, good and choice. sß@9; medium. $6.75® 8; all weights common. [email protected]: ewes. 90-150 lbs., medium to choice. $2.50®4; all weights, cull and common. $1.5003; feeding lambs. 50-75 lbs., good and choice, $7 0 7.75. 1 —— 4 Bp United Press EAST ST. LOUIS. 111.. Jan. 9.—Hogs— Receipts. 13.000: market weak to 10c lower; top. $8.20; bulk. 140-200 lbs.. sß® 8.15; 210-230 lbs.. $7.75®7.95: 240-280 lbs.,* $7.5007.75; 100-130 lbs.. $7.2507.85; sows. $606.25. Cattle —Receipts. 1.000; calves. 500; buyers showing little interest in few steers on sale; vealers 50p lower at $11.50; otehr classes slow and little change In price. Sheep—Receipts. 2,000; opening steady; choice pounds "to city butchers. $8.75; asking steady for others; throwouts ss®6; fat ewes. $3.50 down. By United Press CLEVELAND. Jan. 9.—Hogs—Receipts. 1.300; holdovers, 244; steady to 15c lower; light light pigs. $8.50; 160-210 lbs.. $8.40; 220-250 lbs. downward to $8: talking $7.75 on weighty butchers; round sows. $6.50; stags. $5.75. Cattle—Receipts. 125; low, around steady: scattered common to medium steers, $7.75@9; low cutter kind downward to $5.75; low cutter and cutter cows. $2.5004.25. Calves —Receipts. 400; mostly steady to weak; good to choice vealers largely $13.30 downward, sparingly to $13.50; common to medium kinds. $lO 011.50; culls. sß@9. Sheep—Receipts. 1.200; mostly steady; bulk fat lambs. s9® 9.25: quoting $9.50 on scattered best kinds: medium to good deck, $8.50; bulk common to medium throwouts, $7.50®8: fat ewes quoted S3@4. Bp United Press PITTSBURGH, Jan. 9.—Hogs—Receipts, 2,300; holdovers, 700; market, steady, 15® 20c lower; 130-190 lbs.. $8.40 08.55 : 200- !'• ibs.. *B.IO 0 8.30 : 240-280 lbs.. $7.75® 8. Cattle—Receipts, 10; market, unchanged; cutter to common cows, $3.5004; calves, receipts, 50; market, steady; choice vealers, $12.50013.50: medium to good, $8.50012. Sheep—Receipts, 750; fat lambs, steady to 25c higher: top handyweights, $9.50: bulk better grade, $8.75® 9.25; aged wethers up to $4.50. Bp United Press EAST BUFFALO. N. Y., Jan. 9 —Hogs— Receipts. 2.000; holdovers, 500: rather slow, weights below 200 Ibs.. steady to 10c lower; others steady to strong; bulk desirable, 170-200 lbs.. $8.75; weights below 140 lbs., $9: 220-250 lbs.. $8.350 8.65; 265300 lbs.. $808.30; packing sows. $6.40©7. Cattle —Receipts. 150; mostly cows, active, steady to 25c higher; cutter grades, $2.50® 4; calves, receipts. 600; vealers. barely steady. $13.50 down. Sheep—Receipts, 2.000: fat lamb, active, steady with Thursday’s close and 15c over early trade; good to choice. $9.50; medium kinds and strong weights, $8.50; throwouts, $7.50. By United Press CINCINNATI. Jan. 9.—Hogs—Receipts. 5,050; holdover, 160: slow, about steady; better grade 150-230 lbs.. $8.2508.40; mostly $8.40 on 120 lbs. down; 235-250 lbs.. $8; heavyweights draggy. some 270-290 lbs.. $7.50 0 7.75; 120-140 lbs.. $8 to mostly $8.25; sows largely $6.25; heavyweights, $6. Cattle—Receipts. 500: calves 225; generally steady; odd lots lever grade steers and heifers. $607.50; more leslrable kinds upward to $9.50: most bee’ cows. $4.75® 5.70; bulk low cutters and cutter cows. $304; medium bulls. $5.75 down: vealers 50c loww:: good and choice, 510.50® 11.50: lower ; grades. $lO down. Sheep—Receipts. 400; ! slow, about sieadv; better grade handyweight lambs. 58.50 to mostly $9; common ! and medium. $6.50®7.50; fat ewes, s2®3. Bp I'nifed Press TOLEDO, Jan. 9.—Hogs—Receipts. 350: market. 10015 c lower; heavies. $7.25®7.40; • mediums. 57.5007.90: yorkers. SBO 8.25: 1 pigs. $8®8.25. Cattle—Receipts, light; market, steady; calves, receipts, light; I market, steady. Sheep—Receipts, light; i market, strong, ■

BELIEVE IT or NOT

Trtt ORIGINAL yltjcStS ,*■ ' " Tree is kept im j/J‘j jL' ■ MU"' fitted With Burgle |/f •*'"' * Jp _ , ■ ■ .... hem ali^w<9£r^HamilTon ~ ? yfMsHviiLE graduated fro* a 5-year College ■ Course at the aqe of 17. Dommecfc” / . He vec*t* ikt lewtsk &eojJogu in AHEN-owne4b/Mr4.J.Peebles, SiNGS ATThE P/ANO/

Dow-Jones Summary

LONDON—Copper exporters Inc. has reduced price of copper *4c to 10.55 cents a pound C. I. F. London Hamburg and Havre. LONDON —New York cables opened at 4.85 15-32: Paris checks. 123.79; Amsterdam. 12.062; Italy. 92.745; Berlin, 20.41. California Packing Corporation declared regular quarterly dividend of $1 on common payable March 16. record Feb. 28. Arrangements made for sale of stock exchange membership at $250,000 up $40,000 from previous sale. Brokers* loans declined $47,000,000 In week to S1.879,000,000: non brokers loans off $90,000,000; reserve system ratio 76.3 per cent against 73.7 per cent week ago and 72.9 per cent year ago. New York ratio 78.8 per cent against 71.6 per cent and 67.4 per cent respectively; no announcement on rediscount rate now at 2 per cent. General Cable Corporation declared regular auarterly dividend of $1.75 on preferred. payable Feb. 1. record Jan. 22. December sales of new Lincoln automobiles totaled 486, largest month since April, 1929. Present output twenty cars dally and plans being made for increased production. Texas Power and Light twelve months ended Nov. 30 profit $3,174,658, after taxes and charges, but before depreciation, against $2,967,171 preceding twelve months. In December. Island Creek Coal Com- ; pany mined 413.145 tons coal against 499,- ' 878 in November, and 492.748 in December, 1929. American European Securities Company in year ended Dec. 31, 1930, earned 24 cents a common share against $1.16 in 1929. Securities costing $21,168,578 had market value on Dec. 31 last of $19,503,866; on Dec. 31, 1929, securities costing $20,825,959 had a market value of $25867 569. Net assets available for common stock equal to $28.60 a share. Offering being made In Sweden of 60,000,000 kroner 25-year. 5 per cent, bonds of Swedish Match at 101. Daily average volume of federal reserve bank credit outstanding during week-end' Jan. 7 was $1,355,000,000 a decrease of $44,000,000 from previous week and $220,000,000 below like 1930 wjfek. Steel cables opened 4.85%, up 1-16; Francs .0392 3-16. off 1-16; Karkg, 2378%. off 1; Spain .1070. up 2%. New York city member sanks report loans on securities $3,233,00 , 900. against $3,138,000,000 a week ago; all other loans $2,425,000,000. against $2,421,000,000. Total loans $5,658,000,000, against $5,859,000,000. Nebraska Power Company. 12 months ended Nov. 30 profit $2,459,700 after taxes and charges, but before dependiture against $2,097,888 previous 12 months. Bank of Germany statement as of Jan. 7 shows gold 2,215,900,000 marks, against 2,215.800.000 on Dec. 31 and circulating 4,325,800.000, against 4,778,300,000. Pacific Gas and Electric applied to California commission to issue $25,000,000 4% per cent bonds to be sold at not less

In the Cotton Market

ißv Thomson & McKinnon) NEW YORK, Jan. 9.—The trading in cotton this morning was on a big scale, but it was almost entirely confined to the big spot houses which seemed to be selling March and July and buying October and December. The range during the morning was from 10.39 to 10.50 for the May position. Shortly before the New j York opening, Liverpool began to i weaken, which precipitated some | selling here. In the early afternoon the market strengthened all down the line. May sold up to 10.59. The trade seemed to be buying and we feel that the mills must re-enter the market on a bigger scale than has prevailed for the past month or so. Buying on declines looks to be the best policy to adopt. NEW ORLEANS —Jsn, 9 High. Low Close. January 10.22 9.92 10.04 March 10.43 10.15 10.26 May 10.69 10.41 10.31 July 10.87 10.61 10.69 October 10.91 10.69 10.75 December 11.00 10.87 10.92 NEW YORK High. Low Close. January 10.32 10.22 10.22 March 10.41 10.12 10.22 May 10.69 10.39 10.50 July 10.68 10.61 10.67 October 10.93 10.65 10.77 December 11.10 10.83 10.92 CHICAGO High. Low. Close. January 10.25 10.15 10.15 March 10.48 10.25 10.36 May -10.77 10.50 10.58 July 10.93 10.70 10.79 October 10.97 10.83 10 85

On request, sent with stamped addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.

than 95 proceeds to retire higher interest bearing bonds. Minnesota Power and Light Company twelve months ended Nov. 30 profit $2,358,809 after taxes and charges, but before depreciation against $2,475,723 preceding twelve months. Portland Gas and Coke Company twelve months ended Nov. 30 profit $1,090,195 after taxes and charges, but before depreciation against $1,113,687 preceding twelve months. Great Atlantic and Pacific Company four weeks ended Dee. 27 sale* $81,346,706 against $87,260,055 like period 1939. For twelve months to Dec. 27 sales $1,062,296,331 against $1,027,914,479. In Decenjber tonnage sales amounted to 417,163 tons against 407,339 in 1929 and In twelve months 5,172,558 ton* against 4,710,156 tn previous year. Childs Company Decmeber sales declined 194.312 from year ago to *2,277.368. Twelve months $26,551,475 off $1,617,249. Exchange Buffet December sales declined $52,943 from year ago to $544,012. Eight months. $4,004,652, oa $348,286. November net operating income of class A railroads $62,068,103 against $86,640,632 in November. 1929. according to Bureau of Railway Economics. Eleventh months $834,510,032 against $1,202,707,319.

Chicago Stocks

(Bv James T. Hamill & Cos i —Jan. 9 TOTAL SALES, 156,400 SHARES • High. Low. Last. Adams Mfg 20 Amer Equities 6 Art Metal Works 5 4% 4% Bendix Aviation 20% 19 19% Borg-W r arner 23 Va 22 22 Bi-own Fence & W (B) 5% Burnham Trading 1% Burnham Trading pfd . 8% Butler Bros 6% Castle AM 30 Ceco Mfg Cos 4% 4 4% Cent 111 Securities 24 23 24 Cent Pub Serv Cw.ss A.. 18% 17% 18 Cent &So West! 19% 19% 19% Chi City & Con Uy pfd 4% Cities Service 18% 17% 17% Commonwealth Edison .237 293 235 Construct Materials .. 10% 10 10% Construct Materials pfd 30 29 30 Consumers Warrants .. 5 Continental Chicago ... 7% 7 7% Continental Chicago pfd 38% 38% 38% Cord Corp 6% 6% 6% Corp Securities 19 18 18% Electric Household 26% 25% 26% Gleaner 5% Great Lakes Aircraft .. 1% 1% IV2 Grigsby Grunow 4% 4% 3% Hart-Carter pfd 12% Insull UtU Invest 33% 33% 34% Ins Util Inv pfd ex-war 84% 84 84 Ins Ulp 2d ser 6s ’4O 90% 89 89 Iron Fireman 18% 18% 18% Jefferson Elec 22 21% 22 Kalamazoo Stove .... 34 Kellogg Switch com 4 ... ... Ken-Rad Tube & Lamp 4% 4 4% Libby-McNell 11% 11% 11% Lion Oil Refining Cos.. 6Va Majestic Household Util 6% 5% 5% Marshall Field 31% 30V a 31% Middle West Utilities... 21V* 20% 20% Midland United 23 21% 22% Midland United Pfd... 40% 39% 40% Midland Unuited Warr.. 1% Missouri-Kansas Pipe L. -9% 8% 8% Modine 36 National Repub Inv ... 31 30% 30% National Securities Inv. 66 Natl Securit Invest ctfs 5 4% 5 National-Standard 23% 27% 28% North American Car .. 30% 29"* 30% Parker Pen 21% 21 21% Pines Winterfront 18 17% 18 Ross Gear 22 Seaboard Util Shares... 4 Super Maid 5 Swift &Cos 29% 29% *9% Swift International .... 37 36% 37 U S Radio & Tel 17 16 16% Utah Radio 3 Utility & Ind 7% 7% 7% Utility & Ind pfd 18% 18% 18% Wextark Radio I 7 * 1% 1% Wieboldt Stores 13 s * Yates Machine ........ 6 Zenith Radio 3% 3 3 Other Grain Bp United Press CHICAGO. Jan. 9. —Cash grain close: Wheat—No. 1 red. 82c: No. 1 hard. 80c; No. 2 hard. 79%®80c. Corn—No. 2 mixed, 70%c: No. 3 mixed. 68%c: No. 4 mixed. 87%®67%c; No. 2 yellow. 72c: No. 3 yellow, 68%®70c: No. 4 yellow. 66%®68%c; No. 5 yellow. 66c: No. 3 white. 70 %® 72c; No. 4 white, 70c: sample grade. 61c. Oats —No. 2 white. 33%®34%c: No. 3 white. 33%c. Rye—None. Barley—4lo6sc. Timothy—sß.7so9. Clover —$14.73® 22.50. Bp United Press TOLEDO. 0.. Jan. 9.—Close: WheatNo. 2 red. 83%fi84%c. Corn—No. 2 yellow. 75076 c. Oats—No. 2 white. 37038 C. Rye—No. 2. 67c. Clover—Domestic, prime, old. $14.50: prime new. sls: prime choice, newk. $15.35; prime choice, old, $14.80: February. $15.35; March. $15.40. Alsike — Cash. $13.75: March. $14.25. Butter —Fancy, creamerv. 300 31c. Eggs—Country run, 25 028 c, Hay—Timothy. sf.6o cwt. Other Livestock Bp Times Special LOUISVILLE. Jan. 9.—Hogs—Receipts, 900; market, steady: 300 lbs. up. $7.40; 225-300 ibs.. *7.75; 180-225 lbs.. *8.15: 130160 lbs.. $7.75; 130 lbs. down, *7.15; roughs, *6.15; stags. $5.15. Cattle —Receipts. 200; market, steady; prime heavy steers. [email protected]; heavy shipping steers. $7.25® 8.50; medium and plain steers, S6O 7.25. fat heifers. s7®, 19: common to medium heifers. *506.50: good to choice cows, S4 50 05.50: medium to good cows, $3.75® 4.50; cutters. [email protected]: canners, *203; bulls. 53.5C05: feeders. $6.5007.50; Stockers. s4@6; medium to good feeders. *5.50® 6.50; calf receipts. 200; market. 50c lower: good to choice. [email protected]; mediums. *6® 7.50; common to medium. $405.30. Sheep —Receipts. 50; market, .steady; ewe and wether lambs. $8; buclr lambs. $7; seconds, $5 down; clipped sheep. S2@3. Thursday's shipments—Cattle, none; calves. 195; hogs, none; sheep, none.

K\7 Registered O. S. JLf V l atent Offica RIPLEY

Following is the explanation of Ripley’s “Believe It or Not,” which appeared in Friday’s Times: A Donkey Discovered a Mine— Two prospectors, O’Rourke and Kellogg, discovered the Bunker Hill and Sullivan mine at Kellogg, Idaho, while searching for their lost donkey. The animal was found standing on a great outcropping of silver-lead ore, which became the location of what is claimed to be the greatest silverlead mine in the United States. Status of the donkey as the official discoverer of the mine was adjudicated legally by Judge Norman Buck of the district court of Idaho in 1885. As the prospectors only had borrowed the donkey, the real owner of the animal obtained title to half interest in this most lucrative property, wihch has paid a total of more than $43,000,000 in dividends to date. Reference: New York World, Feb. 10, 1930.

“Big Ben” Is Not the Name of the House of Parliament Clock— The clock in the tower of the house of parliament in London derives its sobriquet “Big Ben” from the bell which strikes the hour. That bell was christened “Saint Stephen.” “Big Ben” originally was a humorous suggestion by a member of parliament, who was impressed with the enormous size and girth of Sir Benjamin Hall, president of the board of public works, who carried out the plans of the architects in 1851. In time, the association of Sir Benjamin’s name with the bell and clock more and more obscured the fact that the true and canonical name of both objects was “Saint Stephen.”

Henry Stewart Walked 100,000 Miles “Walking” Stewart, a Scotchman who was born in London in 1749 and died in 1821, was a man of eccentric habits. In his lifetime he walked 100.000 miles. He covered most of Asia on foot in his famous walk from London to India, besides Germany, Italy, France, Turkey and Scotland. At one time he held the post of minister to the Nabob of Arcot, and upon the ruler’s death was paid a legacy of $50,000

TEXT BOOKS AT COST PROPOSED Bill to Be Introduced for Printing at Prison. A bill providing for the printing of school books at the Indiana state prison, Michigan City, for sale to students at cost, will be introduced next week by Representative Oerritt M. Bates (Dem., Marion). Under provisions of this bill it would be mandatory for the state superintendent of public instruction to advertise for school texts, rather than for school books. This would induce Indiana professors and authors to submit manuscripts for the texts and those approved by a special committee would be printed at the state prison, thus. Bates claims, lowering the cost of school book, 70. per cent. “I have sold school and college texts and know something of the tremendous profit in that business,” Bstes said. * The Indianapolis representative also anounced he expects to Introduce a bill enabling cities and towns of all classes to buy any and all lie utilities, if they so desire, at the last appraisal made by the public service commission plus cost of any actual improvements. New York Liberty Bonds —Jan. 9 3%s 101.30 Ist 4%s 102.31 4th 4%s 103.26 Treasury 4%s 112.30 Treasury 4s 108.29 Treasury 3%s 106.25 Tteasurr 3%s of ‘47 103.00 Treasury 3%s of '43 102.22 ■ NEW YORK COFFEE RANGE —Jan. 9 High. Low. Close. March 3.82 5.77 5.77 May 9.75 5.6JT 5.69 July 5.60 5.M 5.38 September 5.50 5.47 5.47 December 5.34 5 32 5.32

JAN. 10, 1931

WHEAT PRICES ! JUMP UPWARD IN LATE TRADE Profit-Taking Forces Corn Futures Off One Cent Near Close. Bp United Press CHICAGO, Jan. 9.—There was good buying of May wheat on th? Board of Trade today and the pn<% vent to the highest point since th > middle of December. The strength in the old crop month aided July in recovering from its early weakness on the lower Liverpccl and Buenos Aires markets. Corn wa = unsettled with the easier tone to stocks having some effect. Profit- ; taking sales met the advance*. Oats were dominated by the action in corn, with trade very light. At the close W'heat was % to \ cent higher, with July % com lower. Corn was % to 1 cent lower and oats were l * to \ cent lower. Provisions were steady to weak, lards being easier. Liverpool recovered a small part of its early loss to close U ta ceat lower. Buenos Aires was % to cent lower at mid-day. The early buying of May was reported to have been for foreign shorts. The only news during the morning was of foreign origin. Cash prices were unchanged to % cent higher. Receipts were ninety-three cars. Fairly general commission house selling at the start on the weakness in corn, unsettled stock market and profit-taking gave corn a decline ot around 1 cent before there was a rally. The reversal of trend in wheat was a factor. Most traders are waiting a further decline or an increase in receipts as an indication of the farmers’ attitude. Cash prices were unchanged to % cent higher. Receipts were ninety-two cars. Oats showed only a minor fractional downturn at the start in a featureless market. Cash prices were unchanged. Receipts were thirteen cars. Chicago Grain Table WHEAT— p rfTi „ , Open High. Low. Closa, close’ Mar (old) .80% .rfiy, , 8 0% .81 .80% (new) .81 .81% 81 hi ix ZY * May (old) .82 .82% !81% July neW ' -irf ! 3 *> -82% :82% July M'* .66% .65% .65% .66 CORN— Mar (old) .70% .71% .70% .70% 71% „ < ae "J -71% .73% .70% .70% '71% May iold> .72 .73% .71% 71% 72% (new. .72% .74 .72 % 72% 73 (J JU “ V ’ - 727 -74% .fig I'k 173% OATS88,ii a* m fr- * f,> *8 m S8 .is?; Ss Mer (i/ci> ... .... '■** '■** %• lard—— Feb 880 885 877 8-82 8.92 Mar *. 8.90 8.90 8.82 882 BQ7 ••••• 9.07 9.07 900 902 o'ig Ju, V 907 9,12 SLO7 gill i’i? BELLIES— 1 May JHjj 11-40 Jui7 :::: :::: li:™ Bp Times Special CHICAGO, Jan. 9. —Cariots—-Whpaf so. corn 97; oats. 19. vvneat, B.y Time ft Special GANGLAND GUNS DOWN WOMAN IN LIQUOR WAR Police Kill Bandit in Act of Robbing Victim. By United Press CLEVELAND, Jan. 10.—A gunman and a speakeasy proprietress were ohot down today as police continued their warfare on banditry that has developed into one of the greatest crime waves in the city’s history within the past month. Seien police bullets brought down a man identified as Frank Smith 23. while he was in the act of robbing a victim whom he had slugged ? n e£>st side a 1 ley-way. His condition was reported critical Mrs. Hildreth Schultz, 31. admhted operator of a speakeasy, was tO , ,r airview Parli hospital with two bullet wounds in neck and shoulder, inflicted by two men who entered her establishment and fired without provocation accordin' 7 to police. ° The assailants fled without making an attempt to rob her. Police were inclined to the belief tire shooting resulted from bootlegging

WHITE VALLEY RETREAT A Sanatorium for LIQUOR AND DRUG ADDICTS Homelike Atmosphere and Hospital Efficiency NO VIOLENT METHODS Reasonable Rate. Information Upon Request 883 E. Washington St. Phone 345 j Martinsville, Indiana “The City of Healing Waters

“A Good Place to Bank’ : Marion County State Bank 139 Eat Market Street

EXPERT TRUSS FITTING AI 129 W. WASH. ST. STORE Abdominal Support* and Shoulder Braces HAAG’S CUT-PRICE DRUGS

I Roort| C S%l9e' ng s Z9=° I kEASY TERMS ■ Lewis Furniture Cos. “A United Furniture Store ’H 844 S. Meridian St.

★ Safety for Savings Fletcher American NATIONAL BANK 4Soatbes9t Cor. of Market and Psnfwrtei - "* % ON SAVINGS