Indianapolis Times, Volume 42, Number 211, Indianapolis, Marion County, 12 January 1931 — Page 10

PAGE 10

STOCK SHARES HOLD EVEN IN NARROW RANGE Steel Fails to Respond for Favorable Gain in Unfilled Orders.

Average Stock Prices

Average price of thirty industrials for Saturday 171.77. up 1.53. Average of t s e JL ty ra,!l *' a ® JO*•. up 38. Average of twenty utilities was 82.43. up .03. Average of forty bonds was 96 40, off .03. By Lnited Press NEW YORK, Jan. 12. st/v-ks displayed a steady tone at .he start of the week today with leading shares holding close to previous levels. Small advances were made by active shares such as Radio, Montgomery Ward, International Telephone, General Electric and United Corporation, but these gains were generally held to small fractions. United States Steel failed to respond to the favorable increase of more than 300,000 tons in unfilled orders during December, announced after the close Saturday and fell back point, to 143%. A few other leaders displayed mlldl/ reactionary tendencies. Westmghouse Electric lest Vs, to 90 %. A. M. Byers lost nearly a point, to 43?i, and Atchison lost % point, to 189 s a. oils displayed a firm tone with Standard Oil of New Jersey in demand around the best levels of the movement. Standard of New York also was higher, while Sinclair and other leaders of this division held steady. Irregularity developed after the opening, however, coincident with a selling movement in United States Steel, which fell below 143. Other shares generally lost early advances, but failed to make much headway on the downside.

Bank Clearings

INDIANAPOLIS STATEMENT —Jan. 12— Clearings $ 3,778,000.00 Dibits .. 6.260,000.00 CHICAGO STATEMENT Clearings $65,600,000.00 Balances 7,100,000.00 TREASURY STATEMENT —Jan. 12— Net balance for Jan. 9 $239,241,008.56 Expenditures 13,’624,630.44 Customs rects. month to date 7,410,168.80

New York Curb Market

(By Thomson & McKinnon) —Jan. 12— Am Com Pwr .. 12 3 ,V. Humble Oil .... 64‘a Am Oas & E 1... 76 Int Pete 15’a Am Lt & Tr.. 44 Midwest Ut 20 3 e Ark Gas s!e:Mo Kan Pipe .. 6’ Brazil P St L.. 34 ,Mt Prod s>Cities Serv .... 17V'4,National Inv .. 51e Cord 17 1 4 Nia Hud Pwr .. 10*ii Durant Mot .. ViiPenroad 7 3 s Elec Bond Sh.. O'/sSel Indus 4 Pord of Can .. 23 iStd of Ind .... 38 Ford of Eng ... 17’dStd of Ky 22 3 a Pox Theater .. 4 p, 'a|Btutz 1814 Goldman Sachs 6Vi|Un Gas (new). 9 3 ,i Gulf Oil 74Vslnt Pwr 10’,b Hudson Bay ... 4%|Vacuum OH .... BO 3 *

Investment Trust Shares

‘By R. H. Gibson & Co.' Jan. 10 — PRICES ARE TO 13 NOON C. S. T. Bid. Ask." Amer Founder’s Corp com 4 1/ g s’i Amer & Gen Sec A \ 13’i 14’* Amer Inv Trust Shares 5U 5 3 Cumulative Trust Shares 7 3 7’' Basic Industry Shares 6 3 s 7’b Corporate Trust Shares 5 3 b Diversified Trustee Shares A. 16 3 4 lT’b First American Corp 7!b 8 3 'b Fixed Trust Oil Shares s’b 6% Fixed Trust Shares A 15 Inv Trust NY.. I'-i B’4 Leaders of Industry Series A.. B‘s ... National-Wide Securities 6 3 ,4 ”’4 National Industry Shares 6U 6 3 No Amer Trust Shares 6 7 '* b’ 3 8 Se! Amer Shares s’ 5 5 , Shawmut Bank Inv Trust.... “U 8 ’.4 Universal Trust Shares ST S W Strauss Inv Units...... 45 54 Super Corp of Am Tr Sh A.. 7V 7Vb Fundamental Trust Shares.... S’g 7 3 . 8 Foundamental Trust Shares.. 7% V/% U S Elec Light and Pwr A... 29 31 Births Girls Eiwood and Lucille Proctor, 1260 Calhoun. Gerald and Thelma Brock. 5037 East New York. John and Alice Rentchlen, 1011 North Jefferson. Ralph and Thelma McCarty. St. Vincent’s hospital. John and Alberta Miller. St. Vincent’s hospital. Bovs— Victor and ’Teresa Place. 5 North rtura;. Charles and Goldie Holiiac: . 226 Douglas. Ralph and Gertrude Hutton. 1217 Hiatt. William and Agnes Jefferson. 924 Burdsal Parkway. . . Dale and Nettie Banister. 3220 Phipps. Andy and Bfiie Brosman. 1232 Standard. Lester and Mary Cronley. 150 Geisen- * David and Hazel Walters. St. Vincent’s hospital. Bannle and Florence Prosper, 730 Madison. Deaths Bernice Gauter. 40. 1809 College, acute cardiac dilatation. Lloyd Price, 17. Long hospital, appendicitis. Jennie Hyman, 79. 3540 North Meridian, chronic interstitial nephritis. Helen Dauby. 79, Methodist hospital, cerebral hemorrhage. Bessie Catterson, 51. Methodist hospital, lobar pneumonia. Canzedda Thomas. 79. 1427 North Delaware. chronic myocarditis. BHlen M. McCarthy, 70, 1113 East Market. chronic myocarditis. Nannie Sallee. 31 Long hospital, Intestinal obstruction. Alice Shirk Edwards, 76, Methodist hospital. cervical cellulitis. Frances A. Crosby. 71. Methodist hospital, streptococcic angina. Lenore J. McNutt. 69. Thirty-eighth and Boulevard place, acute dilatation of heart. Thomas Atchison Clark, 74, Methodist hospital carcinoma. Patrick Ward. 91. 1318 Bouth Harding, acute dilatation of heart. Dottle Jeanette Rollman. 31, 130 Herman, asthma. John G. Riddle. 58. City hospital, arterlo sclerosis. Mallnda Johnson, 68. city hospital, acute myocarditis. Marie Elizabeth Baker. 73, 1528 Edgemont. lobar pneumonia. Ada May Sanders. 53, 2057 Highland place, carcinoma. Mary Alice Mason, 83. 1115 North Gale, chronic myocarditis. Jodie Jenkins. 78. 5354 Julian, lobar pneumonia. Martha Robinson. 24. 68 Whittier place pulmonary tuberculosis William H. Boyle. 81. 3346 North Talbott. arteriosclerosis. George J Potts. 40. 5540 North Meridian, cerebral apoplexy. LUMBER MEN TO GATHER Forty-Seventh Annual Convention Will Begin Tuesday Night. Hoosier lumber dealers will gather at the Claypool Tuesday night Tor the opening of the forty-seventh nruai convention of the Retail Lumber Dealers’ Association of Indiana. A past president's dinner will open the convention, with Professor J. J. Davis, Purdue; C. C. Sheppard, Clarks, La., president of the southern p.ne association: H. C. Berckes, also of Louisiana, and L. R. Putnam, on the speakers’ program. Four Youths Held as Petty Thieves Four youth* were held by police today on vagrancy charges after they are alleged to have stolen motometers from several cars parked near Wabash and Senate avenues. Those under arrest a’c: Ralph Dailey, 18; Chester Bonham. 17: Claude Switr, 18. and Keith Griffln. ’.ll, all of Mooresville t

New York Stocks, "" <Bv Thomson Sc McKinnon

—Jan. 12 — RaUroKls- Prev. • High. Low. 1130 c!o*e. (Atchison 19% 1W 189 190 i All Coast Line. 115 ... 115 ... Balt A; Ohio 80>4 79 79 80% IChesa Si Ohio .. 41% 40% 40% *l% I Chesa Corp... •. • ! Chi Ort West ... 7 7 i Chi N West 41% 41 41 43% CRT Sc P •• a Del L <fe W ... 98 ... 98 97 Dei A Hudson 147% Erie ....' 31% 3134 31% 32% Erie Ist pfd ■ 13% Great Northern . 65% 65 65, 66 rillnols Central.. 82% 82% 82% 82 Kan City So • ■ ; Lou A Nash 106% 108% M.K Sc T... . 23% 22% 22% 33% ! Mo Pacific ...... ... 35 36 ;Mo Pacific pfd 95 94 % 94% 95 N Y Central ...122% 121 121% 123% Nickel Plate... 74% iNYNH&H 87 88 Nor Pacific.... 56% 55% , 55% si i Norfolk A West 204 O A W 8 7% 7% 8 Pennsylvania .. 61% 60% 61 61 Reading : 71 95% Beaboard Air L 1% 1% .'% 1% So Pacific 102% 102 102 102 Southern Ry.... 58% 38 58 59% St Paul 8% St Paul pfd ... 13% 13% 13% 13% St L A S F... 30% 50% 30% 51% Union Pacific ..188% 188% 188% 188% Wabash 25 24% W Maryland 16% 55% 15% 16% Equipments— Am Car A Fdy. 33 32% 33% 33% Am Locomotive. .. ... ... 2* Am Steel Fd 28% Oen Am Tank 80% . • 60% 61 Genera! Elec ... 45% 44% 44% 45% Gen Rv Signal 70% 71% Lima Loco. 30% 30 30 31% N Y Air BTake 24% Press Stl Car... ... 5% Pullman .. .. ... 36 06 Westineh Ar B 33% iVestingh Elec. . 90% 88% 90% 90% Rubbers— Firestone 17% Fisk % % - % Goodrich .... 16 15% 15% 18% Goodyear .. 44 44% Kelly Sprgfld. . 1% i.% 1% 1% U S Rubber 12% 12% 12% 12% Motors— Auburn 109 107 108 109% Chrysler 17% 16% 17 17% Gardner .... 1 % 1 % Graham Paige. 4% .... Gen Motors 36% 36% 36% 3/ Hudson 24 23% 23% 24% Hupp a.. 8% Mack ... 39 39 Marmon 6% 6% Nash 32% 31% 32 31% Packard 9% 9% 9% 9% Reo .... 9% 9% Studebaker ..... 23% 23% 23% 23% Yellow Truck.... 10% 10% 10% 10% Motor Access— Bendix Aviation. 19% IDV4 19% 19% Borg Warner. .. 22% 22 22 22 Briggs 17% 17% 17% 17% Budrf Wheel 9% Eaton 15% .... 15% 15 Haves Body 3% 3% Houda 5% Motor Wheel ... 15% 15% 15% 15% Sparks-W 10% 10% 10% 10% Stewart Warner. 18% 18% 18% 11% TimKm Roh 47% Miaing— Am, Metals 18 Am Smelt 44% 44% 44% 44 Anaconda Cop... 32% 31% 31% 32 Cal & Hecla ... 8% 8% Cal & Arlz 37% 37% Ccrro do Patco. 23% 23% 23% 23% Dome Mines . 9% ... Freeport Texas 32 31% Granby Corp.... 16 15% 16 15% Great Nor Ore ~. 20 30 Howe Sound.... 22% 22 22 22% hit Nickel 15% 15% 15% 16% Inspiration ... 8% ... Kenuecott Cop . 24%’ 24% 24Vs 23% Magma Cop ' 22 Miami Copper 7% 7% Ney Cons ~ ... 11 11% Texas Gul Sill. . 48% 47% 44% 48 Vs U S Smelt ... 21% Oils— Amerada 31 Atl Refining ... 22% 22% Barnsdall 12% 12% 12% 32% Houston 9% ... 9% 9% Indian Refining. .. ... 4% ... Mex Sbd 13% 13% 13% 13% Pan-Amer <B).. : ; 36% Phillips 15% 14% 14% 14% Pr Oil & Gas 16% 17 Pure Oil 11% 11% 11% 11% Richfield 5% 5% 5% 5 Royal Dutch ... . 40% 40% 40% 40% Shell Un 9% ... 9% 10 Sinclair 13 12% 12% 12% Skelly 10% 10% 10% 11 Stand of Cal 49% 49 Stand of N J... 50% 49% 50Va 50% Stand of N Y. . 35 24% 24% 24% Texas Cos 36 33% 35% 35% Steels— Am Roll Mills. 31% 314a 31% 31% Bethlehem 53 52% 52% 52% Byers A M 44 43% 44 44% Colo Fuel 24% ... 24% ... Cruc Steel 57% Inland % ... 60 60 Ludlum 13% 13% Midland ... ... 23% Newton 17% Repub I A S 18% 17% 18% 18% C S Steel . ...143% 142% 143% 143% Vanadium ...... 54 52% 53 53** Tobaccos— Am Sumatra ... ... 9% Am Tob (A) new 109% 110 Am Tob <B> nw 112 111% 111% 111% General Cclar.. 38% 38% 38% 38% He & Myers B 89 SB% Lorillafd 12% 13% Reynolds Tob... 41% 41% 41% 42 Tob Pr B 2% ... Utilities—- - Abltlbl . 11%. Adams Exp 19% 18% 19% 19% Am For Pwr ..... 34 32% 34 33% Am Pwr & L 1... 47% 47% 47% AT&T 186% 185 V 186% 186% Col Gas & E 1... 36Ve 35% 35% 36% Com & Sou 9 8% 9 9 El Pwr & L 1.... 44% 43Vs 43% 44 Gen Gas A 5% Intl TANARUS& T 24Vi 23% 23% 23% Natl Pwr & Li... 34 32% 34 34% No Amer Cos ... 68% 67V* 68% 68% Pac Gas & E 1... 78% 77% 78 78% Pub Ser N J, 78%, 80 Cal Edison .... ... ~. 48% Std G& E 1..... 64 63% 63% 64 United Corp ... 19% 18% 19 19% Ut Pwr &L A. . 24% 24% 24% 23 West Union 143% Shipping— Am Inti Corp .. 30% 20% 30% 20% United Fruit ... 53% 57% 57% 59% Foods— Am Sug 49 ... ‘ Armour A 3% 3% 3% 3% Can Dry 34 33% Coca Cola 153% 151 152% 153% Foods— Cont Baking A.. 23% 23% 23% 23Va Com Prod? 80% 80% 80% 80 Cudahy Pke 43 Gen Foods 50 49% 50 50% Grand Union lay, 12 Kroger 20 19% 20 20 Nat Biscuit 80% 79% 79% 80% Pillsbury 28 Safeway St '42% Std Brands 13% 17% 17% 18% Ward Bkg.. 4% Drugs— Coty Ir.C 9 9% Lambert Cos 82 83i* Industrials— Am Radiator 18% 18 18 17% Bush Term 23% Certainteed 4% 4 4 Gen Asphalt 28 27% 37% 28 Otis Elev. 57% Indus Chemst— Allied Chem 167 1 66% 167 Com Solv 15% 15% 15% 16 union Carb 58% ... 58% 59% U S Ind Alco ... 63

Produce Markets

Bees iCountrv Runt— loss oil delivered In Indianapolis. 20c: henerv Quality No. 1 35c: No. 28. 15c. Poultry i Buying Prices)—Hens weteb--Ins 5 lbs. or over. 17c: under 5 lbs.. 13c: leghorn hens. 11c: springers. 5 lbs., or over. 15c: or under 5 lbs.. 15c: ducks, springers, 11c: old cocks. 9®llc: ducks, full feather fat white, lie: geese. 11c. These price* are for No 1 ton aualltv Quoted by Klngp.u & Cos Butter (wholesale)—No. 1. 31@3"c: No. 2 30631 c. Butterfat—2sc. Cheese t wholesale selling once per oound)—American loaf. 31c: nlmento loaf. S2cc: 'Wisconsin firsts. 27c: Longhorus. 34c: New York Litnbereer. 36c. NEW YORK. Jan. 12.—Potatoes—Steady to firm: Lone Island. [email protected] bbl.; Maine. $3(<J3.75 bbl.: Idaho. 45c® $3 sack: Bermuda, *7®9 50 bbl.: Canada. 70c®3.85 bbl.: Southern. [email protected] crate. Sweet Potatoes—Market weak; Jersey bskts. 75c f.T2.65: Southern bskts. 50<?£ 1.75. Flour— Market quiet and steady: spring patents. 54.5064.85. Pork—Market dull: mess. $28.50. Lard—Market easier: mlddlewest spot, $8 95:<: 9.05. Tallow—Market steady; special to extra. 4'*®4*4c. Dressed Poul-try-Market steady to firm: turkeys. 30®. *2e; -hlckens. 20®39c: capons. 25®44c: fowls. .14® 28c: ducks, 13®23c: Long Island ducks. 22®23c. Live Poultry—Market steady; geese, 13623 c: ducks. 14®32c; fowls. 21®28c; turkeys. 28i40c: roosters, 14®15c: chickens. 20326 c; capons. 22®43c: broilers. 30® 40c. Cheese—Market dull: state whole mUJk. fancy to special, 18® 22Vsc; young America, i7S’2oc. By United Presa CINCINNATI. Jan. 12.—Butter lower: creamery In tub lots, according to score. 22®26c: common score discounted. 2®3c: packing stock. No. 1. 20c: No. 2. 13c: No. 3.10 c: butterfat. 31@33c. Eggs—Lower: cases, included: firsts. 22c: seconds. 20c; nearby ungraded. 25c. Live poultry—Thin and coarse stock sell only at heavy discount: fowls. 5 lbs. and over. 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 frvers. over 3 lbs., 39c: over 2 lbs.. 29c: broilers, colored. 1' lbs. and over. 21c; Leghorn ard Orpington frvers over-2 lbs.. 22c: roasting chicks. 4 lbs. and oirr. 23c; black springers. 15c. By Unit ad Presa CLEVELAND. Jar. 12.—Butter—Extras, 2.c- standards. 27c. Eggs—Extras. 38c; firsts. 25c Poultir—Heavy fowls. 22c: medium. 18'tfl9c; Leghorn fowls. 17®l8aheavy broilers. 23® 25c; Leghorn broiler!. 15c; ducks 25c; old cocks. 13c: stags. 20c; geese. 15f16c; capons No, 1. 28533 C. PotaK**—Maine Green Mt. best. $2.5045 2.65 }£'}*>■ sack; Idaho Russet. $2.25®2.35 per 100-lb. sack. Chicago Stocks Opening (By James T. Hamll! & Cos.) —Jan. 12— Bendlx Ayla .. 19*4 Insull 6's 1940 °i| n ' • - 23> Majestic House S*. Cent So West .. lO'—Middlewes: Com 21 £°rd c ®n .•*• 6*4 Nor &So Am .. S’i Cent 1 Ch CCo it. Nat'l Standard.. 39 Hiro Securities 18' 4 Swift Internat'l 36*. Origsbv Grunow 4 ,D S Radio * Te’ 16 Tiec Household 3**, Util * Indus C ?* Insull Com ... 34*4 Utli & Indus pfd 18*4 *

Retail Stares— Assoc Dry Gds. ... 25% 25% Gtmbel Bros 4% 4% 4% .. Kresge 8 8 ... 36% May D Store. . , 30% Mont Ward ... 18% 18% lt% 18% Penny J C 29% ... 29V* 29% Schulte Ret St 49% Bears Ro* 49% 48% 49 Wool worth .... 58% 58 58 Amusements— * Brtins Bailee 12% ... Col Graph 8% 8% 8% 8% Crosley Radio 4Vi Eastman Kod ..159 155% 156% 158 Fox Film A 27% 27’ 'a 27% 27% Grigsby Gru 4 4 Loews Inc 49% 47% 47% 48% Param Fam ... 42% 41% 42 42 Radio Corp ... 14% 13% 14% 14% R-K-O 17% 17 17% 17% Schubert 5% Warner 8r05... 17 16% 16% 16% MiseeE&neous— Airway App 7% City fee & Fu 26% ... Congoleum 7% Am Can 113% 112% 113% 113% Cont Can 50% 50% 50% 50% Curtis* Wr 4 3% 3% 4 Gillette SR... 27% 25V* 27% 26 Real SHk 28 V 38 28 % .. Un Aircraft . 28% 23% 26 26

The City in Brief

TUEBDAY rVENTS Alliance Franeaise. luncheon, SpinkArms. Rotary Club. luncheon, ClaypooL Gyro Club, luncheon, Splnk-Arms. Mercator Club, luncheon, Columbia Club Architectural Club, luncheon, Architects’ and Builders’ building. Putchaa'nr Agents’ Association, luncheon, Ssverin. American Chemical Society, luncheon, Chamber o! Commerce. University of Michigan alumni, luncheon. Lincoln. Indianapolis Republican Veterans, luncheon Board of Trade. Universal dub, luncheon, Columbia Club. Indi .ua League for the Hard of Hearing, nieiting, 7 p. m. Stokes building. Be ri au It Players will present “Nothing But Blue Sky’’ at St. Mary’s academy Monday evening. Arthur J. Beriault, dramatic school director, will take the leading role with Dorothy M. Lahr, Ruth Burn and Earl Williams in lesser parts. A lecture on Yellowstone park Bill be given by Charles F. Coffin Wednesday night at Meridian Heights Presbyterian church following the Men’s Brotherhood supper. The event is open to the public. Thurman (Dusty) Miller, Wilmington vO.) newspaper editor, will be guest speaker Thursday at the weekly noon luncheon of the Indianapolis Real Estate Board in the Indianapolis Athletic Club. Sixth of a series of lectures will be given at a special forum group for unemployed men at the Y. M. C. A. tonight. The meeting will open at 8 p. m. with a program by a male quartet, followed by a discussion on “Why Men Fail to Grow.” “What’s All the Shooting About” is the topic of an address to be given at the luncheon of the Kiwanis Club by Donald McGibney, Indianapolis author, dramatist and former member of the French flying corps, Wednesday noon in the Claypool. City ownership of the Indianapolis Street Railway Company will be discussed at a meeting of the special committee of South side civic clubs meeting Wednesday night in the Fountain Square theater building, L. L. Gilliland, and John F. White, officials, announced. Thespis, dramatic club at Butler university will present “Pearls,” a one-act play, in Thespis workshop in the Arthur Jordan Memorial Hall Wednesday, with Mrs. Eugene Fife directing. Legislative matters will be considered and officers elected when the Indiana Aircraft Trades Association holds its annual dinner and meeting in the Columbia Club at 6:30 p. m. Thursday, H. Weir Cook, president, said today. Dr. Alexander Silverman, head of the chemistry department at the University of Pittsburgh, will speak Tuesday night at the meeting of the Indiana section of the American Chemical Society at the Chamber of Commerce. His subject will be “The Chemistry and Technology of Glass.”

Indianapolis Stocks

—Jzn. 12. Bid. Ask 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-Merrill Cos 25 Central Indiana Pw Cos pfd 7s 80 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 .....' Indiana Hotel Cos Clapl com. 125 ... Indiana Hotel Cos pfd 6s 100 IndDls Gas Cos com 65.... \.... 55 60 Indpls Pwr Lt St Cos pfd 6‘/b5..101 Indpls Pu Welf L Assn com 8s 51 Indjjls Water Cos pfd 5s 101 Interst- Pu Ser Cos pr li pfd 6s .. 88 ‘lnter Pu Ser Cos pr 11 pfd 7s 95 101 Metro Loan Cos 8s -..101 N Ind Pub Serv Cos pfd stbs . 94 •North Ind Pub Serv Cos pfd 7s 96 101 Northern Ind Pu Sv Cos pfd 7s. 105 101 Prog Laundry Cos com .’ 33 E Rauh & Son Fertil Cos pfd 6s 47 Terre Haute Lt & Pwr pfd.. 67 Union Title Cos com 5s 34 Van Camp Prod Cos let pfd 7s .. 93 van Camp Prod Cos 2d pfd 8s .. 98 Auburn Automobiles Cos c0m..111(4 113’i Backstay Welt Cos com 12 13 Ind PiDe Line Cos 16 19 Lint Belt Cos com 29Vi 31 Lynch Glass Machine Cos com. 15(4 17 Mead Johnson &Cos com 76 T 4 711. N Y Central Railroad Cos 123 325 Noblitt-Sparks Industrials Inc 37 39’i Perfect Circle Cos com 25 28 Peal Silk Hosiery Mills Inc Cos 26 28 Real Silk Hosiery Mills pfd.. 83 85 Ross Gear St Tool Cos 21 24 Standard OH Cos (Indiana).... 37>b Studebaker Corporation 23’* 3514 Ter Haute Trac & LI Cos 55.. .. . •Ex-Dividends Bonds Belt A R St Stk Yds Cos 45. . 85 Broad Ripple Trac Cent Ind Gas Cos 5s 98 Citizens Street Railroads 55.. 23 28 Hope T & T of Ft. Wayne 6s. 102 Ind Railway <fc Light Cos 55.... 92’b Indpls Pwr &Lt Cos 99Li ioiii, Indianapolis Gas Cos 5s 99(4 101 ’4 Indpls St Martinsv Ra Hr Cos 5s 15 n Indpls & Northw Trac Cos 55.. 5’4 Indpls St Ry 4s 15 Inanls Trac & Term Cos 55.... 44 - 47 Indp’s Union Ry ton Indpls Water 5s " ‘9B Indpls Water Cos 5’ 2 s II! 103 ioi 3 i Indpls Wa Cos st lien St ref 5s 97’i Indpls Water Cos 4’hs 951, Indpls Water Works Sec Cos 5s 89 No Ind Pub Serv C0i15.... 99 No Ind Telepb Cos 6s, 9814 ioo

Net Changes

By United Presa • NEW YORK. Jan. 10.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: American Can .........113*4 American Smelting 44 % American Telephone ...186*4 14 Allied Cliemtcal ..’ 168? 4* Bethlehem 52 s -.* * . ’ Case 89’4 IV4 ... gonsolidated Gas .. 86 % ... Fox Film A. unchanged .. .. * General Electric 45*4 ... ’l4 General Motors 37 u . Loews Inc *B*4 74 ... North American 68*? '4 .. Packard 9* *, Phillips Petroleum .... I*’, *4 ... Radio I4*i *4 ... Sears Roebuck 49*, 17 ... Sinclair 13 *, ... Btd Oil N J unchanged. 50 * ... Trens-Am unchenged... 3*. ... United Corporation .... 19 *4 ... U S Steel - . 43'4 1 Vanadium 53* 7 .. Westinghoutet Elcctxlc 90*4 ... -V'

THE INDIANAPOLIS TIMES

PORKERS SELL 1 NICKLE LOWER AT CITY YARDS Cattle Market Unchanged: Vealers Move Off 50 Cents. HOGS Jan. Bulk. Early Too Receipts, o. 57.40® 8.15 88.15 8.000 6. 7.so<fi 8.30 8.25 7.000 7. 7.70® 8.40 8.40 6.000 8. 7.50® 8.20 8.30 8.500 9. 7.60® 8.15 8.15 6.000 10. 7.60® 8.30 8 15 3.000 12. 7.55® 8.25 8.25 5,000 Chicago hogs receipts, 75,000, ini eluding 38,000 directs. Holdovers. 1 2.000. Few early sales and bids I steady to 10 cents lower than Friday’s average, bidding $7.90 to $8 on good and choice hogs weighing 170 | to 200 pounds; 220-pounders sold at ! $7.85. Heavier weights opened very slow. Cattle receipts, 18,000. Calves, | 2,000, and steady to 25 cents lower. Sheep receipts, 30,000, and 25 cents 1 lower. Hog prices today at the local stockyards were mostly 5 cents low:er than Saturday’s average. The bulk, 100 to 300 pounds, sold at $7.55 ; to $8.25. Receipts were estimated at | 5,000. Holdovers 61. Cattle market slow, with very little early action and indications steady to lower. Receipts 600. Vealers continued lower at 50 cents off, 1 selling at sll down. Receipts were j 300. Sheep and lambs held around 25 j cents lower than Saturday’s mari ket. The bulk, sold mostly at $8 jto $8.60. Early top sold at $8.75. j Receipts 700. HOGS Receipts, 5,090; market, lower. —Light Lights—-(l4o-160) Good and choice $ 8.30 —Light Weights—-(l6o-180) Good and choice.... 8.25 (180-200) Good and choice.... 8.15 —Medium Weights—-(2oo-220) Good and choice.... 7.95® 8..00 (220-250) Medium and g00d.... 7.75® 7.95 —Heavy Weights—-(2so-290) Good ana choice.... 7.30® 7.75 (290-350) Good and choice 7.35® 7.45 —Packing Sows—-(27s-500) Medium and g00d... 6.00® 6.75 (110-130) Slaughter Pigs 8.20 CATTLE (Slaughter Class) Receipts. 600; market, steady. Good and choice $11.00%13.50 Common and medium •. [email protected] )1.100-1,500) Good and choice [email protected] Medium .. [email protected] —Heifers—-(soo-850) Good and choice 8.50®11.50 Common and medium 5.00® 8.50 Good and choice 5.50@ 7.50 Common and medium 4.00®! 5.50 Low cutters and cutters...... 2.75® 4.00 —Bulls 'yearlings excluded' Good and choice beef 4.50® 4.50 Common and medium 3.00® 4.50 CALVES AND VEALERS

Receipts. 300; market, lower Good and choice [email protected] Medium [email protected] Cull and common 4.00 ® 6.00 —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 Receipts, 700; market, higher Good and choice $ B.oo@ 8.75 Common and medium 6.00® 8.00 —Ewes — Medium and choice 2.soffi 3.75 Cull and common I.oo® 2.50 Other Livestock By United Press EAST BUFFALO, N. Y.. Jan. 12.—Hogs— Receipts. 9,400; holdovers. 300; market, slow. 15-25 c lower; bulk desirable 170-200 lbs., $8.60. lev/ 160 lbs., $8.65; pigs, $8.75; 220-240 lbs., [email protected]; 350-330 lbs., $7.50 @8.20; packing sows, [email protected]. Cattle—Receipts, 1,600; market, steady to 25c lower; choice yearlings. sl3, good kinds. $11; bulk shortfeds $9.50® 10.50. common steers and heifers. [email protected]; beef cows, [email protected]; cutter grades. $2.50@4. Calves—Receipts, 1,700; vealers generally 50c lower, sl3 down. Sheep—Receipts, 8.400; lambs, unevenly 25@70c lower, fat lambs off most, good to choice. $8.75 and sparlnglv $9, medium kinds and strong weights. $8®8.25; throwouts, $7 @7.25. By United Press PITTSBURGH, Jan. 12—Hogs—Receipts. 4.200; holdovers, 750; market, slow at 15c lower; 140-200 lbs.. [email protected]; 200-240 lbs.. sß.lo® 8.35; 250-280 lbs., $7.75@8; packing sows. $6.50 downward. CattleReceipts. 800; market slow', weak to 25c lower; good steers. $9.25@10; better grade cows. [email protected]; medium bulls up to $5.50. Calves—Receipts. 500: market, slow, about steady with Saturday: choice vealers, $12.25 @l3; medium to good. $7.50®11.50. Sheep —Receipts, 3,800; market, slow; fat lambs. 250 lower; choice kinds, 90 lbs. down, $8.75 @9. • - By United Press CLEVELAND. 0.. Jan. 12—Hogs—Recelpts, 2.800; holdover none, steady to 10c higher: top, $8.50 for bulk. 210 lbs. <J?wn to pigs; 220 to 250 lbs.. $$8.10; 250-300 lbs.. [email protected]: rough sows, $6.50. Cattle—Receipts, 1,000; mostly steady; slowness la steer list largely account asking prices: cows dull. spot. 25c lower; pulls unchanged; common to medium, si.Bo to $8.75. Light steers predominating. scattering $9 to $lO or above, occasional lots down to $7 and under: low cutter and cutter cow's. $2.50@4. Calves —Receipts. 700: vealers strong to 50c higher; bulk better grade, [email protected]; common 40 medium. $10@12: culls downward to *9.00 and under. Sheep—Receipts. 4,000; 25c to 50c In spot; 75c lower with brunt of-decline on fat lambs; some throwouts and sheep steady; top lambs, $9: numerous lots, $8.75 downward; throwouts downward to $7.50 and under; fat ewes. s3@4. By United Prat EAST ST. LOUIS. 111., Jan. 12—Hogs— Receipts. 16,000: market, steady to 10c lower. Top $8.20; most 140-210 lbs.. SB.IO @8.20; 220-270 lbs.. $7.65@8; pigs. s7@B; sows. [email protected]. Cattie—Receipts. 6 000; calves. 1,500; market, steers slow, indications lower: mixed yearlings and heifers, slow; market not developed: vealers. 50c higher at sl2; other classes slow steady. Sheep—Receipts. 1.800; market, opened steady to city butchers; choice lambs. $8.50® 8.75; packers talking lower; throwouts. ss@6; ewes. $3.50 down. By United Press FT. WAYNE. Ind.. Jan. 12.—Hog market. 10c lower: 100-140 lbs.. $7.85; 140-180 lbs.. $8: 180-200 lbs., $7.90 : 200-5225 lbs. $7.80; 225@250 lbs.. $7.65; 250-275 lbs. $7.50® 275-300 lbs.. $7.40; 300-350 lbs.’ $7.50: roughs. $6.25; stags. $4.50; calves. $11; lambs, $7.50. By United Press CINCINNATI. 0.. Jan. 12—Hogs—Receipts, 3,800. including 1.600 direct; holdovers. none: mostly steady; better grade. 150 to around 210 lbs., fairly active: largely $8.40; 220-250 lbs., [email protected]; 265-290 lbs.. [email protected]; 120-140 lbs., largely $8.25; some less desirable kinds, $8; sows, mostly $6.25; heavy weights. $6. Cattle—Receipts. 1.100; calves, 300; slow, about steady; some bids weak to 25c lower on steers, heifers and beef cows: odd lots of lower grade steers and heifers, [email protected]; some more desirable kinds, $8.25@9; sprinkling of yearling upward to $10; most beef cows. [email protected]; bulk low cutters and cutters. s3@4: weighty sausage bulls, steady at [email protected]: lighter weights, slow weak; vealers. mostly 50c lower; good to choice, S10@ll; lower grades. $9.50 down. Sheep —Receiots, 325: slow. generally steady: better grade handv weight lambs’ $8.50 to mostly $9; few train lambs, $9.25' heavy weights about $8.50; common, $7.50: fat ewes, s2@3. By Times Special LOUISVILLE, Jan. 12.—Hogs—Receipts, ’.300: market, steady; 300 lbs. up $7.40: 225-300 lbs., $7.75; 160-225 lbs.,’ $8.15 130-160 lbs.. $7.75; 130 lbs. down. $7.15; roughs, $6.15; stags, $5.15. Cattle —Receipts. 1.200; market prime heavy steers. 25c lower; bulls. 50c higher: others steady prime heavy steers. $8.50® 10; heavv shipping steers. [email protected]: medium and plain steers. s6® 7.25; fat heifers. s7@lo; common to medium heifers. [email protected]; good to choice cows. [email protected]: medium to good cows, [email protected]: cutters. *3.25® 3.75; canners. s2@3; bulls. [email protected]: feeders. [email protected]: stockers S4@6; medium to good feeders, [email protected]. Calves—Receipts 400; market. 50c lower: good to choice. sß@9; mediums, $5.50@7; common to medium. $3 50 @5. Sheep—Receipt*. 50; market, steady; ewe and wether lambs, $8; buck lambs. s“■ seconds, $5 down; clipped sheep. s2@3. Saturday and Sunday shipments. cattle none; calves, 190; hogs, none; sheep, none. By United Press TOLEDO. Jsn. 12.—Hogs—Receipts, 500: market. 10®15c lower; heavies. $7.25® 7.40; mediums. [email protected]; Yorkers, $7.90 @8: pigs, [email protected]. Cattle—Receipts, light: market, steady. Calves—Receipts light; market, strong. Sheep—Receipts light; market, 50c lower.

Local Wagon Wheat

City grain elevators are oaring 70c for No. 1 red wheat and 68c for No. 1 hard a best.

BELIEVE IT or NOT

st*kfo UKI„ ~ fcqpr.- jr - B I*ll. lom lot. traatSHUJ* mwhhM

Radio Dial Twisters

STATIONS OF TflE NATIONAL BROADCASTING COMPANY WEAF Network WJZ Network • KDRA 980 KTHS 1040 . WCFL 970 l| WGN 730 I WJZ 760 1 WSAI 1330 CKGW 690 KVOO 1140 WCKY 1490 ! WGY 790 I WLS 870 * WSB 740 KOA 836 KWK 1350 WDAF 610 ! WHAS 820 IWLW 700 I WSM 650 KPRC 026 KYW 1020 WEAF 660 WHO 1000 I WOC 1000 WTAM 1070 KSD 556 WBAL 1060 IWE NR 870 1 WIBO 560 I WOW 590 WTIC 4060 KSTT 1460 WBAP 800 I WFAA 800 il WJR 750 I WBVA 1110 I WWJ 920 STATIONS OF THE COLUMBIA BROADCASTING SYSTEM ABC 860 1 WBBM 770 I WKRC 550 WOWO 1160 I WCCO 810 - KOIL 1260 WPG 1100 ! WMAO 670 I WIAU 640 I WFIW 940 I CKAC 730 IKMOX 1090 WBT 1080 i WJJD 1130 I KRLD 1040 IWFBM 1230 I WLAC 1470 I CFRB 960 —MONDAY——7 P. M.— —9 P. M.— —10:90 P. M.— IvDKA (980)—Fleet Wing NBO (WEAF) “Sherlock WGN (720)—WGN dance orband. Holmes.” chestra; symphony. KTHS (1040) Kingsway or- WENR (870)—Smith Family. WSM (650)—WSM dance orchestra. WGY (790) Cathedral chestra. KYW (1020) —Larry and the Echoes. m-ia w Duke. NBC (WJZ) Stromberg- M n CBS —Literary Digest. Carlson orchestra. KDKA (980) —Wm. Penn orWFAA (800) —White Swan 9’15 P M— chestra. orchestra. -vjrntjxv , '-.1—... „ WDAF (610)—Dance music; NBC (WEAF)—How’s Busl- WBBM (7io>—Oerun a or- SO ngs. -ness? chestra. WMAQ (670)—D X Club. WGN (720)—WGN Sym- —9:30 P. M _ u p M _ WLS ( ('B7o^FamUy Q Party W S®. or- fi^-VaudevUle. WSM (650) Studioprogram. WGN TtM)—The Girls. W ?ra P <Boo)—Dance ®rches—7:ls P. M.— N Maker^ VEAF> ~ Rhythm WCCO (810)—Monday Night K lhertra° 2o)—SPltalny ’ 8 ° r ’ p i at ,YJ e NBCWWEAF)—Spitalny’s orBen. N ®? s . <WJZ)-Empire Build- chestra N1 Capltol VEAF> ~ Natlon ' s W SM (650)—Warner Presen- orchestra; Drake orchesW^n?O! Bri^ HoWard Vln ' “ -1* M- WGY (790)-Orßanlst. cent O Brien. KDKA (980)—Sports review. WJR (750)—Delbridges 0r—7:30 P. M.— CBS—Musical Aviators. chestra CBS—Arabesaue. NBC (WEAF)—Richardson’s WISJ (780)—Dance program NBC (WEAF)—A. &P. Gyp- orchestra. „'one hour). sies. WGN (720) Tomorrow’s WMAQ (670)—Maurice SherNBC (WJZ)—lngram shav- Tribune: pianist. mans orchestra (three ers. WGY (790)—Debate. hours 1 WLS (870)—Hayloft theater. NBC (WJZ)—Slumber music. . ... q p WJR (750)—News; Hungry WTAM (1070) Midnight s r. nx.— Five. melodies: dance orchestra. £3? s . T ,!. 1(>4 2. , vr slr L n, L b6nd - Amos ’n* Andy (NBC) to —11:15 P. M CBS—The Three bakers. WENR. KOA. WDAF WBBM (770)—Get Together WMAQ, WSB WHAS WBBM (770)—Around the party. WSM KTHS ' Town (two hours). NBC (WJZ)-Maytag orches- ’ „ V/ W R <870)-Air vaudeville tra. —10:15 P. M.— (two hours). WLS (870) —Musical feature. KTHS (1040)—Klngsway or- —11:30 P. M WSM <65 0) Barrett pro- chestra KMOX (1090)-0rganlst. M —B:3o P. M- WGN (720)-Hukg”y Five. M ° rKan ' 8 CBS—An Evening In Paris. —10:25 P. M.— 11:45 P. M.— W parade <B7o> ~ MemOrleß ° n WJR <7so)—Slumber music. WDAF (610) Nighthawk NBC (WEAF)—Motors party. —9:30 P. M.— frollc - . .. NBC (WJZ)—“Real Folks.” CKGW (690) Romanelll’s ~ 12 M!dni * h <— WMAQ (670) "Famous orchestra: news. KYW (1020) Pantm’* nr Signatures.” KMOX (1090).-Orchestra. K che S tra°H^mp an o??hest°ra. —9 P. M.— K chestral o2o — lamp's or-KSTP (1460)—Dodo froUc. CKGW (690)—Imperial Joy- NBC (WEAF) Horace —18:30 A. M.— WTMJ (620)—Night Watch. Lom ' w gNR (870) Mike and WENR (870)—O’Hare’s orDarao s Canadians. Herman* chestra (800) —“Star Dust.** CBS—Henderson’s orchestra to * K n __ WBBM (770) California WMAQ (670)—Dan tmd Syl- ~ 12:45 r - **.— Tours. via. y KYW 1020)—Panlco’s orchestra: Hamp’s orchestra.

WFBM (1230) Indianapolis (Indianapolis Power and Light Company) MONDAY P. M. s:3o—Big Brother Don. s:4s—Tony’s scrapbook (CBS). 6:oo—Better Business Bureau news. 6:ls—Salon group. 6:3o—Evangeline Adams (CBS). 6:4s—Anheuser-Busch Antics (CBS). 7:oo—Literary Digest (CBS). 7:ls—Barbasol Ben (CBS). 7:3o—Philco program. B:oo—The Three Bakers (CBS). B:3o—Daylight corner melodies. 9:oo—Burns Panetelas (CBS). 9:3o—Plymouth world tour. 10:00—Musical aviators (CBS). 10:15—Heywood Broun (CBS). 10:30—Fletcher Henderson orchestra (CBS). 11:00—Time, weather. 11:01—The columnist. 11:15—WFBM dance orchestra. 11:45—Dassa Byrd and her gang. WKBF (1400) Indianapolis (Indiaoapoli* Broadcasting. Ine.) MONDAY P. M. 4:l6—Afternoon announcements. , 4:4s—News flashes. / s:oo—Town topics. s:3o—Concert music. 6:00 —Diner music with Connie’s orchestra. 6:ls—Fletcher American program. 6:2s—Little stories of daily life. 6:3o—Pfaff & Hughel program. 6:so—Cecil and Sally. 7:oo—Silent. B:oo—Renton program. B:ls—Among the movie stars. B:3o—American Loan program. 9:oo—Wilking’s Apollo hour. 9:3o—Connie and his dreamers, 10:00—Harry Bason’s grab bag. 10:30—Sign off. WLW (700) Cincinnati MONDAY P. M. 4:oo—Maltine story program (NBC). 4:29—Time announcement. 4:30—80b Newhall sports slices. 4:4s—Nothing but the truth. 4:ss—Curtiss candy talk. 5:00 —Xavier university educational series. s:ls—Theatrical talks. s.2o—Bradley Kincaid. s:3o—Hotel Sinton orchestra. s:4s—Literary Digest tonics In brief. Lowel Thomas ‘NBC’. 6:oo—Pepsodent Amos *n* Andy (NBO. 6:ls—Sunsweet melodies. 6:3o—Variety. 6:4s—lsham Jones and hts orchestra at Hotel Gibson. 7:oo—Aladdin program. Smiling Ed McConnell. 7:3o—lngram Bhavers (NBC). B:oo— Mavtag orchestra (NBC). B:3o—Real folks (NBC). . . 9:oo—Vision-Airs. 9:3o—Empire builders (NBC). 10:00—Weather. 10:02—Willy’* musical memories. 11:00—Isham Jones and hts orchestra at Hotel Gibson. 11:30—Salt and peanuts. 12 Midnight—Castle Farm orchestra. A.M. 12:30— Sign off.

Day Programs

WFBM (1230) Indianapolis 'lndianapolis Power *n< Light Company) TUESDAY A. M. 7:3o—Pep Unlimited Club. 9:o9—Aunt Sammy

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

™:??~; To YPJ? rle rPM H°on—Farm network (CBS'. j’W—Jim and Walt. a:oo=je“n aSd gu° 01 ° f the Alr (CB3K § : inZti}22 orc hestra (CBS). WLW (700) Cincinnati A M TUESDAY s:3o—Weather forecast. s:3o—Top o’ the Morning. s:s9—Time announcement. 6:oo—Morning exercises. B:ls—Organ program. 6:2s—Weather forecast. —Time announcement. 6:3o—Bradley Kincaid. 6:43—J011y Bill and Jane (NBC). 6:s9—Time announcement. 7:oo—Morning exercises. 7:ls—Brooks and Ross. 7:3o—Morning devotions. 7:46—Our Daily Food (NBC'. " B:oo—Crosley Homemakers’ hour; h0r0... ... scopes; Mall Bag. B:ls—Crosley Homemakers’ hour; mouth ... Health by Marley Sherris. B:3o—Crosley Homemakers’ hour: Ver- „ „ mont Lumberjacks (NBC). B:4B—Crosley Homemakers’ hour; Thoughts for Food. 9:oo—Hilly and Billy. 9:ls—Through the Looking Glass with „„„ Frances Ingram (NBC). 9:3o—Livestock reports. —Organ program. 10:00—Brattaln’s Melodvmen. 10:30—Piano solos. 10:45—River reports. 10:55—Time signals. J 1:?0 —Tuxedo entertainers. 11:15—Organ program. 11:39—Time announcement. 11:30—Isham Jones and his orchestra. Il:oo—Livestock reports. 12:00 Noon—National Farm and Home period (NBC). • 12:30—Organ program by Pat Gillick, 12:57—Egg and poultry reports. 1:00—School of the Air. I:s9—Weather forecast. 2:oo—Music in the Air (NBC). 2:3o—The Chicago serenade (NBC). 3:oo—Nothing but the Truth. 3:ls—Brooks and Ross. 3:3o—Livestock reports. 3:40 —Woman’s Radio Club.

New York Bank Stocks

(By James T. Hamill <Ss Cos.) —Jan. 10— Bid. Ask. America *... 60 63 Bankers 113 116 Brooklyn Trust 505 520 Central Hanover 254 259 Chase National 99 102 Chatham Phoenix Natl 77 80 Chemical 50 52 City National , 95 98 Corn Exchange 129 132 Commercial 295 310 Continental 20*4 23*4 Empire 59 62 First National 4,000 4.200 Guaranty 492 497 Interstate 36*i 38 s , Manhattan & Company... 871? 90*2 Manufactures 47 49 New York lYust 156 181 Public 64’.4 6714 tar

I-i • ; Registered O. R JLr V latent OJlee RIPLEY

Following is the explanation of Ripley’s “Believe It or Not,” which appeared in Saturday’s Time: The Caged Tree —The famous original “Golden Delicious” tree is owned by Stark Brothers, fruit growers of Louisiana, Mo. It was discovered by Paul Stark high on a rough mountainside in West Virginia, and was found to bear large golden apples with an entirely new and distinct flavor. The right to propogate fruit off the tree is guarded zealously to the extent that the tree is kept in a cage and protected with burglar alarms. From this one tree, applegrowers throughout the country have developed orchards that are producing train loads of these apples annually. Alexander Hamilton Was Graduated from College at 17—Alexander Hamilton, brilliant soldier and stateman, and first American secretary of the treasury, was bofn in 1757. At the age of 3 he was able to recite the Decalog in the original Hebrew. He entered King’s college (now Columbia university) in 1772, and was graduated in 1774, when only 17 years old. The difficulties with England, which culminated in the American Revolution, were ripening at the time. Reference: Gertrude Atherton’s “The Conqueror.” Tuesday: “What Is a Fathom?**

Dow-Jones Summary

London —British Board of Trad© reports December imports into the United Kingdom totaled 89,629.000 pounds, against 79.411,000 pounds In November and 106,574,000 pounds In December. 1929. Exports were 38.458,000 pounds against 44,057.000 pounds In November and 58.429.000 pounds in December. 1929. London—Stocks of crude rubber In London on Jan. 10 totaled 78,761 tons, an Increase of 719 tons over the preceding week. Liverpool stocks totaled 41,814 tons, Increase of 298 tons over preceding week. London—New York Cables opened at 4.85’/a, against 4.85 15-32; Paris checks 123.74; Italy 92.735 BerUn 20.412. Sugar melt of 15 United States refiners In year ended Dec. 31. totaled 4,605,000 long tons against 4,190.000 In 1929: deliveries 4,425,000 long tons, against 4,543,000. California erode oil prodoction in second week of January averaged 583,800 barrels daily, a reduction of 1.800 barrels daily from preceding week and 167,500 barrels below dally average in like 1930 week, according to California OH World’s estimate. Hawaiian Pineapple Company Ltd., declared regular quarterly dividend of 50 cents, payable, Feb. 28. record Feb. 14. New York Telephone Company In 1930 spent approximately $100,000,000 for plant additions etc. of which nearly two-tnlrds was expended in New York City: aggregate of expenditures Is only slightly below 1929, which was largest In history. Keystone Steel St Wire 1930, net profit estimated to be In excess of $400,000 or slightly more than dividend requirements. Irving Fisher's wholesale price index for week ended Jan. 9 at 78.3 as against 78.5 at end of preceding week. Peerless Motor Car notified New York Stock Exchange of authorization of a management option on 85.000 shares of capital stock at $8 a share expiring Dec. 31. 1932. Motormeter Gauge and Equipment Corporation notified New York Stock Exchange of authorization of option to pnrehase 225,000 share common at $2 a shade during period from July 1, 1931, to July 1. 1932: option is not exerciseable in whole or in part unless aggregate gross sales of corporation billed for any six months period from Jan. 1, 1931, shall exeeed by at least $600,000 the aggregate gross sales billed fer same six months of the period from Jan. 1, 1930. to July 1. 1931. Cutler Hammer Inc.. 1930 net shipments $9,342,000 pgalnst $12,370,000 in 1939. fourth quarter shipments $1,936,879 against $2,198,118 in preceding auarter and $3,171.853 In like 1929 quarter. Wage disbursements In Youngstown during 1930 were $74,167,124 against $88,764.684 in 1929. Pay roll in December was $4,960,049 against $5,963,609 in November and $5,980,140 in December. 1929: December was lowest for any month since September. 1922. Sales of New York Stock Exchange seat arranged at $290,000, up $40,000 over previous sale. Sterling cables opened 4.85 17-33, up 1-16; francs .0393 11-32, up 1-32; marks 2378(4. Off (4; Spain 1042. off 9%. A. G. Spaulding St Brothers and subsidiaries year ended Oct. 31 net $3.74 a common share, against $4 30 a share in preceding year.

.JAN. 12, 1931

WHEAT PRICES MOVE UPWARD ON CROP NEWS Corn Futures Sell Lower Despite Encouraging Foreign Cables. By United Pres* CHICAGO, Jan. 12.— Com greeted Its ascension to the major trading pit on the BoaVd of Trade rather timidly today and was unevenly steady. Wheat gathered its strength In the smaller pit and. led by the old crop months, moved briskly upward. Foreign news was encouraging. Liverpool was dull, but sustained bv decreasing stocks. France has taken steps to stabilize prices. There was little trade in oats at the start, old May receiving the only action. Liverpool Steady At the opening wheat was *i to 1 cent higher, July trailing at an % to % cent advance, com was \ cent lower to % cent higher and oats were unchanged. Provisions were dull and inactive. Opening lower, as expected, Liverpool firmed and was unchanged to 14 cent higher at mid-afternoon. Buenos Aires was V< cent lower during the morning. Wheat traders are in a quandry. They admit that between the stabilization corporation and existing and proposed governmental legislation pertaining to marketing, the situation is distinctly puzzling. Shorts in May, a stabilized month, are getting scared and are getting out, with foreign interests the chief buyers. July is at levels where the traders are afraid to press the selling side, though they feel that unless something happens to the winter wheat crop, prices will not advance. The uncertain foreign situation is another factor. Corn Pit Bearish Bearish sentiment prevail* in the corn pit. Larger receipts are expected today, though cash handlers do not expect an increased movement at this time. Saturday’s trading was featured by the sale of 71,000 bushels of cash corn to a local industry, from other terminals. The removal of hedges on 115,000 bushels of cash oats gave their market fair support Saturday, but the weakness in com accounted for the decline. Receipts continue moderate and the cash demand good.

Chicago Grain Table —Jan. 12. Prev. Wheat— High Low 11:00 Close Mar 82 .81% .81% .81% May 84 .83% .83% .83 July 56 .65% .65% .65% Cosm — Mar 69% .61% .89% .69% May.. 71% .70% .71.70% JU cfatV ‘ 72 y * - 71 * .72% .71% May $4 .33% .34 .33% Mar^ 0 41 1 - May’. .42% !% :% A2% July 43 ... .43 .42% Lard— Mar 8.70 May 8.85 July.- ... ... ... 8.97 By Times Special CHICAGO. Jan. 12.—Carlots —Wheat, 118; com, 89; oats, 24. GUCKiEOITES ARE~ SET Former Indianapolis Publicity Woman Dies at Parents’ Home. Funeral rites will be held at 9 Tuesday morning in St. Francis Catholic church, Logansport, with burial in Mt. Hope cemetery there, for Miss Adrienne Guckien, who died at the home of her parents, near Camden Saturday. Mis3 Guckien was engaged in advertising and fraternal organization publicity in Indianapolis. Former French Premier 111 By United Press PARIS, Jan. 12.—Andre Tardieu, former premier who returned from St. Moritz Saturday, v/as forced to remain in bed Sunday and today, due to an attack of grippe.

Fishing the Air

Songs In praise of Jehovah open and close the Mormon tabernacle choir and organ program which will be broadcast from Salt Lake City over WJZ and an NBC network. Monday, at 5:15 p. m. Harry Breuer. playing a number of vibra-harp solos, will be the featured artist during the broadcast of Roxy's Gang program over WJZ and an NBC network, Monday night, at 6:45 o’clock. Classical favorites, including excerpts from the works of Liszt. Wagner and Tschaikowsky. will be presented by the Maytag orchestra. Monday. This broad cast from WJZ and the NBC Chicago studios begins at 7 o’clock. Selections from Broadway musical comedy successes are outstanding on the Ingram Shavers’ program to be broadcast by WJZ and NBC Monday night at 7:30 o’clock

HIGH SPOTS OF .VfONDAY NIGHT’S PROGRAM 7:ls—Columbia —Barbaron Ben, the Barber. 7:3o—Columbia—Arabesque. WLW—Cincinnati Post celebration. Prominent guest speakers, including Robert P. Scrlpp? George B. Parker. Heywood Broun. Edgar Guest and O. O Mclntyre. Also musical program (1 Vi hours). 8:00 —Columbia —Three Bakers. Rudolph. Pratt and Sherman. B:3O—NBC (WEAF)— Motors Party. Columbia—An Evening in Paris NBC (WJZ)—Real Folks. 9:00 —NBC (WJZ)—Stromberg Carlson orchestra. Columbia Guy Lombardo’s Canadians (Robert Burns program). H JBC <WEAF)—Sherlock Holmes, “The Resident Patient." 9:30 —NBC (WJZ)—Empire Builders sketch. Columbia—Don Amalzo.

A musical program featuring Pierre Bruanon tenor and master of ceremonies. Taylor Buckley baritone; the Boujois Male quartet and the "Evening In Paris" orchestra, will be broadcast over WABC and the Columbia network from 8:30 to 9 p. m.. Monday. The “Resident Patient" wtU be the title of the Adventures of Sherlock Holmes series to be broadcast over WEAF and an NBC network Monday at 9 p. m. R ,x? e directed by Freddie Rich, will present an unusual musical program. Inc tiding a rhythmic version n£JSfw°s?idi. Tann £ 4Uß er, an orchestral novelty medley, and a song lnsolred the mlmeture coif plague. “Tom and Tiny Te€na. ’ to be broadcast lor Trig WiPi ,*; a toait Tamos mm leubwi tomw $ jsl a The tegular quarterly V of Two Dollars \*iy_ and Twenty-Five Cents ($2.25) per share will be paid on January 15, 1931, to stockholders or record at the dose of business on Decetnbet 20,1930. H. BLAIR- SMITH, Treasurer.