Indianapolis Times, Volume 42, Number 231, Indianapolis, Marion County, 4 February 1931 — Page 14

PAGE 14

STOCK SHARES ARE UNEVEN IN DULL TURNOVER Mail Orders Gain Strength as Leading Issues Are Forced Lower.

Average Stock Prices

• Drl . c * ° f thln y Industrials Tor 169.i1, up UOO. Average was 'wenty rails was 108 s*. up .31. Average <’f twenty utilities was 63.11 up 70 Average of forty bonds was 95.60. up .01. ”'/ Vnitcrl Press NEW YORK, Feb. 4. Prices : noved irregularly during the mornfbg on the Stock Exchange today in dull turnover. American Can rallied .tnd held the gain and United States Steel crossed 141 for a fractional lain, while mail order shares featured in strength. However, issues as Worthington, Auburn and New York Central were driven downward. The market opened steady. Then it ran into selling which reduced prices all around. This decline was followed by a rally when held until the end of the second hour approached when irregularity again developed. Trading Is Influenced leading was under influence of several adverse new items. These included reduced car loadings, omission of the National Bellas Hess dividend, reduction of the Standard of Nebraska dividend, record low for bar silver, anew low for lead, and word from the steel industry that the rate of operations had lost momentum with only a small gain shown for the week. In the mail order group, Montgomery Ward made anew high for the year at 21 Vi, up while Sears Roebuck advanced 1% to 52Vi. National Bellas Hess held quiet despite the dividend elimination. Radio Keith Orpheum was a strong spot in the amusements, rising to 20, up %. Fox Film A firmed up fractionally. Coppers Held Finn While Auburn and Worthington ost ground. Vulcan Detinning continued to advance, rising to 61, up 2V4 points. Utilities generally moved in a narrow range slightly above the previous closing prices. Electric Powder and United Corporation featured, rising % to 48% and Vi to 21, respectively. Coppers were steady to firm with the exception of American Smelting, which lost % to 44%, being adversely affected by the decline in silver prices. Rails were barely steady. Call money held at 1% per cent.

Bank Clearings

INDIANAPOLIS STATEMENT —Feb. 4Clearings $3,252,000.00 : Debits 6.750,000.00 | , CHICAGO STATEMENT —Feb. 4 Clearings $77,400,000 j Balances . 6,700.000 : I TREASURY STATEMENT -Feb. 4 Net Balance for .$153,796,415.48 Expenditures 8,275,097.49 Customs sects, month to date 1.185.239.09

New York Curb Market

(Bv Thomson & McKinnon! —Feb. 4 \m Com Pwr.. 14’ 4 Ind Pipe I8' 8i Am Gas <fc El. 74’ 8 Int Pete 14 Ark Gas A .... 6 iMo Kan Pipe... 6'4 Brazil PA- L... 33’ 8 National Inv ... 5*4 Can Marc .... 3’ B Nia Hud Pwr.. 10' 8 Cities Berv 48 Pantepec 1U Cons Gas 87 Penroad Gird . B', Prince & Whtly l'i Durant Mot .. tVSeI Indus 4'„ Elec Bond Sh.. 43'< Shenandoah 3 < Ford of Eng ... 18' 3 Btd of Ind ... 35>, 4 Ford of Fr 9* B Stutz 21 1 8 Fox Theater . 5'- Ull Gas <new 1 .. 10' 8 Goldman Sachs 7 Un Lt k Pwr .. 2o n i Gulf OH ... 67’ 8 Ut Pwr 12 Hudson Bay 4' 2 Vacuum Oil 56 3 4 Int Super .. 23

New York Bank Stocks

ißv Thomson & McKinnon: —Feb. 3 Bankers J Brooklyn Trust 495 .>OS Central Hanover 247 3d2 Chase National .. 98->, 101% Chatham Phoenix Natl .8 81 Chemical • 2 City National 96 99 Corn Exchange 11? 123 Commercial JOu 310 Continental 23-t Empire 38',’ 61% First National 3.980 1 180 Guaranty 49? ->O4 trying 36% 38 e Manhattan & Company 86*. 89% Manufacturers 44% 46 1 , \Vw Yqrk Trust la6 161 Public 55*2 58%

Net Changes

By United Press NEW YORK, Feb. 3.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. Off. American Can 111% •% ... American & Foreign Pov ... 30 American Telephone 188% 1 . . Bethlehem Steel 52 % ... Case 91 3 4 l 1 # consolidate Gas 90% % ... Electric Power 48% % . . General Electric 44., % ... General Motors 38 * . . .. International Nickel 14% ... % toews Inc 52 = 1% Montgomery Ward -0% ... National Power 3a% % Packard .? 2 ' Penna “J, * ,* ••• Radio }5% % ••• Radio Keith l?% 1% ... Standard Oil New Jersey.. 47% . .. U S Steel 140% % ... Vanadium Jt 1 Westinvhouse Elec 86 = ...

Investment Trust Shares

tßv R H. Gibson * Cos -Feb. 4 PRICES ARE TO 1 2NOON C. S. T. Bid. Ask. 'mer Founder's Ccrp c0m.... 4‘a 4 3 Yen & Gen Sec A. 13 14 Mn Inv Trust Shares s> s'a Basic Industry Shares ?_'•* 7 Corporate Trust Shares §•. 6*. Cumulative Trust Shares.... .• Diversified Trustee Shares A 17* 18 First American Corp •' 8 3 s Fixed Trust Oil Shares SV. 6 Fixed Trust Shares A 15 . Inv Trust N Y ••••:•• i Leaders of Industry series A.. 8 Nauon Wide Securities 6-> ■>. National Industry ShJires 6 : n Va NAm Trust Shares s;* £; v ’Trust 7.7. 10*“ nptversal Trust Shares 5 * 8H SW Strauss Inv Units 54 Sub Cp of Am Tr Sh A i' < s Fundamental Trust Shares A 7 7* a 'fundamental Trust Shares B < a 7 (T s Elec U & P ,r A 30 32 Chicago Stocks Opening ( Bv James T. Hamill & Co.l —Feb. 4 Maoc Tel UUI. 22*. Insull pfd 83 Rend lx Aviation 19*. Insull 6s '40... 90 Rrvrtr Warner .. 23*. Midland Utd c 20*-, C?” 8o West. 21*3 Mlddlewest com 22>< rnrd Corpn ... 8' Nor Sc So Amer B’s Chl Oor c 6*4 Noblitt Sparks.. 43> a nSS Thea Equip 13*. Swift & Cos .... 28*. rrixsbv Grunow 3*. U S Radio & T 22*. Flac Hsehold... 24Util & Indu and.. 18', Insull Com 40*.. vrw TORK COFFEE RANGE - Feb. 3 H!h. Low. Close. SE*.::: Ifo ■Jy .... 5.74 5.68 5.74 '-*D*eßiber 5.65 Uxeember 5.53 5.53 6.58

New York Stocks T IBv Thomson & McKinnon

—Feb. 4 ; Railroad*— close. High. Low. 11:30 close. Atchison I# s I At! Coast Line.. _. . ... Ilf 'Balt <k Ohio.. 79% 79 79% (9% I Chesa & Ohio 43% 43% 43% 43Vs 1 Cnesa Coro 48% 48% 48% 48 ! Chi Grt West 6% ! Chi N Weft 43 C R l Sc P ,$8 Del & Hudson.. ... 151 151 Erie Ist old • 41 Great Northern. ... 68% ... ! Illinois Centra! 87% ... Lou Sc Nash .. ••• 110,, Mo Pacific old 99 99% N Y Central... 135% 125 125 125% NYN H& H 89% 39% 89% 89 Nor Pacific ... . SB% ... Pennsylvania 61% 61 > 61% 61 : Seaboard Air L . 1 % % 'So Pacific 101 "s 104 /s 104%. 104% Southern Ry 63% 62 -4 8t Paul 8% Sv Paul pfd .. St LSc S F ... 53% 53% 53% 55 Union Pacific 200 Wabash 18 •-* 18 % W Maryland ... 15% 15% 15% 15'2 Eoiupraent*— Am Car & Fdy 31 Va ... Am Steel Fd 26% Am Air Brake 8 .. ... 34% ... General Elec .. 44% 44% *4% 44% Gen Ry Signal.. 74% 74 74 1 Lima Loco 31% 31 N Y Airbrake... . ... •••,. 23% Pullman $5% $5 Westlr.gh Airb .. .. $4 34 Westingh Elec 86% 85% 86% 86 Robbers— Firestone ~ 1 % 2 Goodrich ■ ■ ••• . Goodyear 41% 41/* 41% 40 * Kelly Sprvfld... . 1% 1% 1% 1 U S Rubber 13% 12% 13% 12 , Auburn"*!” 146% 143% 144% 145% Chrysler 17 16% 16% 17 Gardner 1/# J. 8 Graham Paige .. .. ••• ••• General Motors.. 38 5 a 38*4 38 a 38_e Hudson 79 V 4 78 5 /ii <B4 18/a ::::::::::: , B ' 4 .. 8 .. 8 Marmon , ••• . Nash 32% 32 32 31 .* Packard 9% 9% 9% 9Va Pierce Arrow 22 ... Reo 8% 8% Studebaker 20% 20% 20% 20% Yellow Truck 10% 10% Motor Access— , Bendlx Aviation. 19Vi 19% 19% 19% Borg Warner 33% 23% Briggs .. ... 16% 16% Buda Wheel .... 10% 10% 10% 10% Eaton 15% 15% Houda 5 5 Motor Wheel ... Is% Sparks W 10 9% &% 10% Timkin Roll 47 47 Mining— ! Am Metals .. 17% | Am Smelt . 44% 44% 44% 45% i Am Zinc ... 4% ... i Anaconda Cop. . 33% 33 33 33 Cal <te Hecla 9,, 9 i Cal & Ariz 37% ... Cerro de Pasco 24 24 Dome Mines.... 10% 10 lO'/e 10% Freeport Texas.. 35% 32% 35% 32% Great Nor Ore.. .. ... 20% 20Vs Howe Sound ... 23% ... 23% ... Int Nickel 14%. 14'% 14% 14% Inspiration , 7% 7% Kennecott Cop . 23% 23% 23% 23% Magma Cop • 20% ... Nev Cons il 10% 10% 10% Texas Gul Sul 494, 4914 U S Smelt 19 Oils— Am Republic ~ 7% ... Atl Refining.. . 20% 20% 20% 20% Barnsdall 12%. 12% 12% 12% Beacon ... .. ■ 9% Houston 9 8% Indian Refinnig 4% Mex Seaboard 14% 14% Mid Conti ... , 14 14% Phillips 13 12 ‘/a 13 12% Pr Oil & Gas „ ... 13% Pure Oil 9% 9% 9% 9% Richfield 4% 4% Roval Dutch ... 39% 39% 39% 39% Shell Un 9% 9% Sinclair 11% Standi rd of Cal 47% 4i% Standard of N J 47% 4i% 47% 47% Standard of N Y 23% 23% 23% 23% Texas Cos 31% 31% 31& 33% Union OU 23Vi 23% Mills.. 29% 29 29 29% Bethlehem 52 % 51% 52 Byers A lit 46% 40% 45% 46% Colo Fuel .... .. ... 24% 24 Ludlum 14% 14 Vi 14% 14% Midland 25% Newton ... •.. 10V2 Repub I & 3.... 17% 17 17% 16% U S Steel 141 140% 141 140% Vanadium 51% 50% 50% 51 Youngst S & W 22% Tobaccos — ... A^obV'< new I * 1i3% ii2'.i 112% 112% Con Cigars 27% 28 General Cigar 39/4 Lig & Myr iß> 89% 89% Lorlllard 14% 14% 14% 14 Phil Morris .. • 8% Reynolds Tob.. 45 44% 4d 45 Tob Pr A • ... ••• 11 Tob Pr B 2% 2% 2% ... United Clg 4% ... Utilities— ~,, Abltibi ••• 11/8 Adams Exp 20% 20 20 20 Am For Pwr .... 30% 30% 30V 30 ; Am Pwr & LI *9% A T & T 188% 188*4 188% 188*4 Col Gas & E 1... 36% 36% 36% 36% i Com & Sou 9% 9% 9% 9% El Pwr &LI 48% 47% 48% 48% Gen Gas A 5 3 b 5Vb 5J5 5/a Inti TANARUS& T 26% 26% 26% 26% Natl Pwr & LI.. 35% 35% 05% 20% No Amer Cos ... 71% 71% <l% 71% Par. Gas & El. .47 6% 46% 4i Pub Ser N ,T ... 80 % So Cel Edison... 48% 48% 48% 48% Std G& E 1... . 64% .... 64% 64% United Corp . .20% 20% 20% 20% Ut Pwr &L A 25% 25% West Union ... ... 137% 137% Shipping— | Am Inti Corp., 19% 19% 19% 19% Am Ship & Com .. ... 1 % Inti Mer M pfd 15% United Fruit 58% 59% Foods— Am Sum 47% | Armour A ... 33 Beechnut Pkg .... ... ... 51 ; Cal Pkg 44% 44 Can Dry ... 33 33 Childs 6o 27% | Coca Cola ..’ 156 Cont Baking A.. 28* 27% 27% 28’2 Corn Prod 82% 82% 82% 82% Crm Wheat ... 29 Cudahy Pkg . . . . . 42% Cuban Am Sugar . . ... 4 Gen Foods 52 51*18 51% 52 Jewel Tea 44% Kroger 24% 24% ■ Nat- Biscuit ... 79% 79% Pillsbury ... ... 29 Safeway St .... 44% 44% 44% 44% Std Brands 18’ * 18 18 18 Ward Bkg 7% Drugs— Cotv Inc 11% 11*4 Lambert Cos ... 83% 83% 83% 83% Lehn A- Fink 27% 27% Industrials— Am Radiator. 17 16% 17 16% Bush Term ... . 27% 27% Certainteeti . ... . 3% Gen Asphalt . . 33% 33% 33% 3344 Lehigh Port 17 Otis Elev . . 55% 54% 54% 54% Indus Chems — Allied Ctirm 158 157 r 4 158 158

Produce Markets

Eggs (country run I—Loss off delivered in Indianapolis. 13c: henerv quality No. 1. 15c: No. 2. lie. Poutrv (buying prices)—Hens, weighing 5 ibs. or over. 17c: under 5 lbs.. 16c, Leghorn hens. 11c: capons. 7% lbs. up. 28c: 6%-7% lbs.. 24c: under 6% lbs.. 20c: springers. 5 lbs. or over. 17c; or under 5 lbs. 17c: ducks, springers. 11c: old cocks. Dalle: ducks, full feather fat white 9c; geese 9c. These prices are for No. 1 top Quality quoted by Kingan & Cos. Butter iwhoiesale)—No. 1. 30@31c: No. 2. 28ft 29c. Butterfat—26c. Cheese (wholesale selling price per pound'—American loaf. 31c: pimento loaf, 32c: Wisconsin firsts. 27c: Longhorns. 34c: New York Limberger. 36c. By United Press NEW YORK. Feb. 4.—Potatoes—Market, weak. Long Island. $1.75@4 barrel: southern. $2 crate; Maine. $2.75ft3.50 barrel: Idaho. 40c ft $2.50 sack; Bermuda, Ss@9 barrel: Canada. 60c5i53.75 barrel. Sweet potatoes—Market, steadv; jersey baskets. ,5cft53.25: southern baskets. 50cft$2. Flour - Market, firm: spring patents. S4.soft 4.85. Pork—Market, steadv: mess, $28.50. Lard— Market, firm: middle west spot,. $8.50® 8.60. Tallow—Market, easy; special to extra. 3 5 8 i:3 7 kc. Dressed poultry—Market barely steady: turkeys, 31(a43c: chickens. 20 > 39c; broilers, 25@55c: capons. 26 ft46c; fowls, 14'u25c: ducks. 15ft22c; Long Island ducks. 23ft24c. Live poultry—Market barelv steadv: geese. 13f 26c; ducks. 15 @2Bc: fowls. 20ft28c: turkeys, 30@40c; roosters. 15c: chickens. 2Cft 28c; capons, 26 ft3Bc; broilers. 32ft38e. Cheese—Market, quiet; state whole milk, fanev to special. 18<ji22%c; young Americas. 17*i@20c. By United Press CHICAGO, Feb. 4.—Eggs—Market, firmer; receipts, 8.969 cases; extra firsts, 17%c: firsts. 16c. Butter —Market, unsettled: receipts. 5.018 tubs; extras. 25c; extra firsts. 24ft 24%c; firsts. 23ft 23%c; seconds. 22ft 22%e; standards, 24%c. Poultry—Market, weak receipts. 1 car; fowls. 17@20c; springers. 2f>c: Leghorns, 17c: ducks, 22c; geese. 14c: turkeys. 22ft 25c; roosters. 15c. Cheese—Twins, la%ftls%c: Young Americas. 16c. Potatoes—On track, 257; arrivals. 83; shipments. 701; market, dull: Wisconsin sacked Round Whites. sl.3sft 1.45: Idaho Russets, [email protected]; Colorado McClures, branded. $1.65® 1.85. By United Press CINCINNATI. 0.. Feb. 4—Butter, steady: creamery in tub lots, according to score. 24 o 27c: common score discounted. 2®3c: packing stock No. 1. 20t; No. 2. 15c: No. 3.10 c: butterfat. 22@24c. Eggs— Lower: cases, included: extra firsts. 18*ac; firsts. 17c: seconds. 15c: nearbv ungraded. 17c. Live poultry—Thin and coarse stock sell only at heavy discount: fowls. 5 lbs. and over. 18c: 4 lbs. and over, 19c: 3 lbs. I and over. 19c: Leghorns. 3 lbs. and over, 15c: roosters. 13r; capons. 8 lbs. and over. 32c; under 8 lbs.. 28c: slips. 21c; stags. 16c; colored fryers over 3 lbs.. 30c: over 2 lbs.. 30c: Leghorns and Orpington fryers over 2 lbs.. 23c: broilers, new crop full feathered. 1% lbs. and over. 35c; roasting chickens 4 lbs. and over. 26c: black springers. 15c. By United Press CLEVELAND. Feb. 4.—Butter—Extras. 25c: standards. 24%c. Eggs—Extras. 18%c: firsts. 17c. Poultry—Heavy fowls. 20ft21c: mediums, 203 21c: Leghorn fowls. 16 ft 17c: heavy- broilers. 21ft.23c: Leghorn broilers. 15c: ducks. 25c: old cocks. 13c: geese. 153 16c: stags. 20c: capons No. 1. 23ft33c. Potatoes—Ohio Round Whiter. $1.75 per IC3ib. sacks: Msir.e Green Ut.. *2.4032.50 Der ?cf L ; Idaho Russet mostly *2.25 per 100-10.

Com Solv 17% 17% 17% 17*4 Union Carb .... 60*, 60% 60% 60% U S Ind A1c0.... 58% 56% 58% 58% Retail Store*— Assoc Dry Gds 24% Gimbel Bros 4% 4% Kresge 8 8 26% May D Store ... 34% 3*V 4 34% 34% Mons. Ward 21 30% 21 20% Penny J C 33 V* 32’, Sears Roe 51% 50% 51% 50% Wool worth ...... 59% 59% 59% 59% Amusement*— Bruns Balke 10% Col Graph 8% 8% B*4 8% Eastman Kod . ..159% 158% 159% 158% Fox Film A 33*2 33V* 33% 33% Grigsby Gru 3% 3* 3 Loews Inc 52% 52V 52% 52-,1 Parana Fam 46* • 45% 46*4 46 Radio Corp 16% 15% 16V* 15% RK O 19% 19% 19% 19% Schubert 5% Warner Bros ... 17% 17% 17% 17% Miscellaneous— Airway App 8% City Ice & Fu 35 Congoleum 8% Am Can 112% 111% 112% 111% Cont Can 51% 51 51% 51 Curtiss Wr 4'/* 4 4% 4 Otllette 8 R ... 25% 25 25 25% Real Silk 28 Un Aircraft .. . 26% 26% 26% 26%

The City in Brief

THURSDAY EVENTS Indianapolis Advertising Club luncheon, Columbia Club. Indianapolis Engineering Society luncheon. Board of Trade. American Business Club luncheon. Columbia Club. Real Estate board luncheon, Indianapolis Athletic dub. Sigma Nu luncheon. Board of Trade. Shrine Caravan Club luncheon, Murat temple. Indiana City and Town Superintendents’ Association meeting, Lincoln. Indiana Schoolmen's Club meeting, Lincoln. Officials board night will be observed at the weekly fellowship dinner of the Northwood Christian church Thursday. Chief address will be given by J. E. Martin, president of the board of the Third Christian church, who will speak on “The Responsibilities of the Laymen of the Church.” M. Pierre De Lanux, director of the Paris information office of the League of Nations, will speak on “The Outlook for Disarmament” Saturday at a luncheon of the Indiana Council on International Relations at the Antlers. Four addresses on “The Modern Jesus” will be presented at the Wednesday night meetings of the Bible Investigation Club at the Y. M. C. A. by the Rev. A. H. Kenna, pastor of the Roberts Park M. E. church, starting tonight. C. C. Howe, De Pauw graduate, was named president of the Alpha Tau Omega Alumni Association at a meeting at the Indianapolis Athletic Club Tuesday. Other officers elected: A. V. Stackhouse, vice-presi-dent, and R. H. Reiner, secretarytreasurer. Annual state banquet and dance will be held March 21. After a street brawl during which a shot and brick shattered a plate glass window of a soft drink parlor at 949 Virginia avenue, Monday night, police held Pat Lucid, no address, on drunkenness and vagrancy charges. Three men escaped. The Rev. Alpha Hunter Kenna, pastor of Roberts Park Methodist Episcopal church, will speak at Butler teachers’ college. Twenty-third and Alabama streets, at 1 Thursday on “The Perils of Speed.” Indianapolis Real Estate Board at its weekly luncheon Thursday in the Indianapolis Athletic Club will hear Fermer S. Cannon, Railroad Men's Building and Savings Association president. Fourth annual small house exhibit of the House Beautiful magazine will be shown under auspices of the Indiana Society of Architects in connection with the annual architects’ exhibit at John Herron Art institute Feb. 9 to 21. Dr. James H. Feeling, associate professor of social science, Butler university college of education, will address the Eliza A. Blaker Club tonight at the D. A. R. building, North Pennsylvania street. Adeline Davis, Indianapolis, has registered as a lobbyist with Secretary of State Frank Mayr Jr., listing herself as interested in enactment of a bill providing for licensing of cosmetologists. Twenty-eight members of the night school citizenship class recently graduated at Manual high school, held a dinner at Cooper's restaurant Tuesday night. R. O. Minnick, teacher of the group working for naturalization papers, and Mrs. Minnick were honor guests. Miss Katherine Dixon was arrangements chairman. Frigidaire dealers throughout this section of the country will meet in spring sales conference here Feb. 18, C. S. Wheeler, general manager of the Refrigerating Equipment Corporation, local distributors, said today. Phi Lambda Epsilon fraternity in the Antlers Tuesday night elected the following officers: Robert Brewer, president; Francis Woods, recording secretary: Eston Sterns, corresponding secretary: Everett Beaty, treasurer: Paul Kahn. H. P., and Howard Stuart, property man. E. Eddingfieid lias been elected president of the Keystone Civic Club, according to announcement today. Other officers named: Roy Chrisler, rice-president; A. Arnold, treasurer. and L. B. Sharp, secretary. Milo Stuart, assistant superintendent of schools, will speak Thursday noon to members of the Indianapolis Advertising Club at the Columbia Club. Lloyd D. Claycombe, attorney, and Professor Tolbert F. Reavis will speak at the annual smoker of the men's Bible class of the Northwood Christian church Friday night. Other Livestock By United Press EAST ST. LOUIS. HI.. Feb. 4.—Hoes— Receipts. 10.000: steady to 5c lower: top. 58: bulk. 140-210 lbs.. *7.75478: 220-250 lbs.. $7.50477.65: 260-290 lbs.. *7477.15: 100130 lbs.. 87(8 7.75: sows. $6476.25. Cattle— Receipts. 2.000: calves. 800: steers slow indications steady; early sales steidy ori mixed yearlings: heifers and all cows stuff' bulls 25c lower: vealers 25c lower at $10.75. Sheep—Receipts. 1.000. no eariv sales; asking higher; holding better lambs around $9 and above. By United Press FT. WAYNE, Ind.. Feb. 4.—Hogs—Market 105715 c lower: 100-140 lbs.. $7.55: 140160 lbs.. $7.70: 160-1880 lbs.. $7.80: 180-200 :bs.. 37.70 : 200-210 lbs.. *7.60: 210-220 lbs. $7.50: 200-230 lbs.. $7.4: 230-24 lbs.. 57.30-240-260 lbs.. $7.15; 260-280 lbs.. $7: ?80300 lbs.. $6.80 : 300-350 lbs.. $6 60: roughs $5.75; stags. $4; calves. *10.5: lambs. $857 8.25. New York Liberty Bonds —Feb. 3 3'is 100.31 Ist 4%s 102.9 4th 4%S 103.1 Treasury 4%s 110.16 Treasury *$ 106.38 Treasury 3%s 104.4 Treasury 3 *s of '47 101.20 Treasury 3%s of 10L2Q

. THE INDIANAPOLIS TIMES

PORKER PRICES OFF 10 CENTS AT CITY PENS Cattle Market Stationary; Sheep, Lambs Strong and Unchanged. HOGS Jan. Bulk. Early Top. Receipts. 28. $7,258' 8 35 *8.40 7,000 29. 7.20 ® 8.30 8.30 4.000 30. 7.154| 8.25 8.25 5.000 31. 7.15® 8.25 8.25 3.000 Feb. 2. 7.10® 8.20 8.20 5.000 3. 7.108 8.30 8.20 6,500 4. 7.00® 8.00 8.10 5.000 Porker prices today at the Union stockyards showed a decline, with prices ranging generally 10 cents i lower than Tuesday's average. The bulk, 100 to 300 pounds, were selling at $7 to SB. Early top SB.IO. Receipts ; were estimated at 5,000. Holdovers, ; 673. , Cattle market slightly more active v,han Tuesday and "prices held mostly steady. Receipts were 1,000. j Vealers held unchanged, selling at $10.50 down. Receipts, 600. Sheep and lamb market stationary, with a good and choice grade of ; lambs selling at $8.50 to $9. Early too sold at $9.25. Receipts were 2,000. Chicago hog receipts 24,000, including 5,000 directs. Holdovers, 5,000. Market very slow, generally asking steady, few bids on light weights around 10 cents lower than Tuesday’s average. Hogs weighing 160 to 200 pounds, sold at $7.75. Asking up to $8 on choice kinds. Nothing done on heavier weights. Cattle receipts 6.000. Calves 2,000 and strong. Sheep receipts 11,000 and strong. HOGS Receipts, 5,000; market, lower. —Light Lights—-(l4o-160) Good and choice...s 7.90® 8.00 —Light Weights—-(l6o-180) Good and choice... 8.10 (180-200) Good and choice 8.00 —Medium Weights— _ _ „ (200-220) Good and choice... 7.80® 7.90 (220-250) Medium and good.. 7.50® 7.70 —Heavy Weights—-(2so-290) Good and choice 7 19@ id 2 (290-350) Good and choice... 6.65® 7.00 —Packing Sows—-(27s-500) Medium and good.. 5.50® 6.20 (110-130) Slaughter pigs 7.75® 7.90 CATTLE (Slaughter Class) Receipts, 1,000; market, steady. Good and choice $ Common and medium a.oo® 8.50 Gocd and choice $ [email protected] Medium *>-50@ 8.20 —Heifers—-(soo-850) „ Good and choice *[email protected] Common and medium 4.00@ 7.50 Good and choice 4.75® 6.00 Low cutters and cutters 3.75® 4.75 Low cutters and cutters .... 2.50® 3.70 —Bulls (yearlings excluded)— Good and choice beet 4.25@ 5.20 Common and medium 3.00@ 4.25 CALVES AND VEALERS Receipts, COO; market, steady. Good and choice [email protected] j Medium 6.00^ ; 10.00 Cull and common 4.00® 6.00 —Calves—-(2so-300) Good and choice $ 6.00@ 9.00 Common and medium 3.50® 6.00 STOCKERS AND FEEDER STEERS Good and choice 3 6.50@ 8.50 Common and medium 4.50® 6.50 (800-1,500) Good and choice 6.50® 8.00 Common and medium 4.75® 6.50 SHEEP AND lAMBS Receipts. 2,000; market, steady. Good and choice S 8.50® 9.25 Common and medium 6.50@ 8.50 —Ewes— Medium and choice 2.75® 4.0 C ; Cull and common I.oo® 2.75 j Other Livestock By United Press CHICAGO, Feb. 4.—Hogs—Receipts, 24.- j 000; including 5,000 direct: very slow; | opened steady to 10c lower than Tuesday’s average: some bids off more; top 57.90; bulk 140-200 lbs., good and choice. $7.70® 7.90: light weight 160-200 lbs., good and choice. [email protected]; medium weights. 200250 lbs., good and choice, [email protected] heavy weights. 200-350 lbs., good and choice. $6.50 @7.10; packing sows. 275-500 lbs., medium and good, [email protected]; slaughter pigs, 100130 lbs., good aiid choice. $74x)7.85. Cattle —Receipts. 6.000: calves. 2,000; better grade fed steers strong to 25c higher on shippers accounts; others slow but mostly steady to strong: best yearlings. $11.50; weighty steers, $11.40: bulk short feds, [email protected]: she stock uneven, steady to 25c higher with cutters, common cows and low priced heifers showing most advance; slaughter cattle and vealers: steers. 600-900 lbs., good and choice, [email protected]; 9001.100 lbs. good and choice. [email protected]; 600-1.300 lbs., common and medium. s6® 9.25: heifers. 550-850 lbs., good and choice, $5.25@10; common and medium, ss@7; cows good and choice. [email protected]; common and medium, $3.75® 4.73; low cutter and cutter, [email protected]: bulls yearlings excluded good and choice beef. 54.75@6; cutter to medium. $3.5084.75; vealers, milk fed, good and choice, sß®lo- medium. s7@B: cull and common. $587; Stocker and feeder cattle: steers. 500-1,050 lbs., good and choice. $788.75; common and medium, $5.258 7. Sheep—Receipts. 11,000; steady to weak: inbetween grade lambs tending lower: choice kinds to outsiders. $8.65® 9: few early packer sales, $888.50: fat | ewes. $4 84 50; slaughter sheep and lambs. ; lambs, 90 lbs. down good and choice, $8.25 j 89.10: medium. $788.25: 91-100 lb. me- | dium to choice, $3.2584.75: all w’eights i cull and common. $283.75: feeding lambs, | 50175 lbs., good and choice, [email protected]. By United Press EAST BUFFALO. N. Y.. Feb. 4.—Hogs— Receipts. 2,800; holdovers. 400; fairly active to packers: 5c to mostly 15c lower: bulk desirable. 140-210 lbs.. $8.25: few decks. 180-lb. selections. $8.35; 215-230 lbs.. S888.15; 240-280 lbs.. $7.3587.75; 325 lbs.. $7.10: packing sows. *5.85 8(6.25. Cattle— Receiots, 225: common and medium heifers 25c lower. [email protected]: cows steadv; cutter grades. $2.75@4. Calves —Receipts. 100: vealers unchanged. sl2 down. Sheep —Receipts. 1,000: iambs active. 15@25c higher: good to choice. 59.258;9.50; mixed lots around $9: medium kinds and throw - outs. [email protected]; fat ewes. $4.25@5. By United Press PITTSBURGH. Feb. 4.—Hogs—Receipts. I. market about 15c lower: 130-190 lbs., $8.4588.60; 200-220 lbs.. $8.1088.35: 220-250 lbs.. $7.75 88 ; 260-300 lbs., $7.25® 7.50: packing sows steadv at $6 8 6.50. Cat-tle-Receipts, 15: market nominally steadv; common to medium cows. $3.75®4.50. Calves—Receipts. 100: market steadv: choice vealers, $12812.50; medium to good. $8811.50. Sheep—Receipts. 500; market, opening steady; few choice lambs. $9.50: bulk unsold. By United Press CLEVELAND. Feb. 4.—Hogs—Receipts. 3.800: holdovers none. 10@15c lower: 210 lbs. down. $8.1088.15: 220-250 lbs.. 57.75: 300-350 lbs.. $7.50: rough sows at $6.50 and stags $4.75: steady. Cattle—Receipts. 550: steers mostly 25c under Monday's average and slow; common to medium. $7 88 kinds getting first action; cows and bulls mostly steady: few fat cows as high as $5.50. bulk to cutter grade *3@4; sausage bulls. $485.25. Calves—Receipts. 680: around steady, slow on good to choice kinds and $11.50 to sl2 and about, but falriv active on sß@9 culls; only best oualitv $12.50: common to medium. slo® 11. Sheep—Receipts. 1.600: lambs steadv to lower duality considered: good to choice. $8.75 89; best. $9.25; throwouts around $7 88: choice handv weight clipped lambs, $8.50; sheep steady: fat ewes. s4@s. By United Press CINCINNATI. Feb. 4.—Hogs—Receipts. 3.750; holdover none; slow, mostly steadv: spots strong: better grades 160 to around 215-lb. averages, largely $8.30; some 225240 lbs.. $7.758 8.15: 260-510 ibs. Quotable. $7 8 7.50; 120-140 lbs., largely $7.75: bulk sows. $5.75; few smooth lightweights. $6. Cattle—Receipts. 450: calves 275; slow: steers and heifers steady to weak; some late bids 25c or more lower: few lower grades. $5.7587.50: one load desirable heifers, $8: small lot yearling upwsrd to *9: most beef cows. $4.5085.25; bulk low cutters and cutter cows. $2.758 3.75: bulls mostly $5.25 down; few $5.50; vealers steadv: good and choice, $9.50810.50; lower grades. *9 down. Sheep—Receipts. 375; slow, generally steadv: better grades handv weight lambs *989.50: weighty Iknds downward to *7 or below: common and medium, [email protected]: fat ewes Quotable $233. By Times Special LOUISVILLE. Feb. 4—Hogs—Receipts. 500: market, steady; 300 lbs. up. *7.25-225-300 lbs.. *7.60: 160-225 lbs., *8: 13C-160 lbs.. $7.60; 130 lbs. down. $7: roughs. *6: satgs. $5. Cattle —Receipts. 100; market slow, steadv: prime heavy steers. [email protected] shipping steers. $6.5087.50: medium and plain steers. *5.5086.50: fat heifers. $5.50 y 8.50; common to medium heifers. *4 @5.50: good to choice cows. *4.3585.50; medium to good cows. *[email protected]; cutters. *383.50; canners. [email protected]; bulls. S3@ 5: feeders. *6.25@7: medium to good feeders. *5.2586.25: Stockers. *4@6. Calves— Receipts. 200: market 50c lower: good to choice. *789: mediums. *[email protected]; common to medium. $3.50 8 4.50. Sheep—Receipts. 50: market steady; ewe and wether lambs. $9: buck lambs. *8: seconds. $6 down: clipped sheep. S3@4. Tuesday's shipments: Cattle. 49; calves. 215; hogs, 143; sheep, hone.

BELIEVE IT or NOT

a de forest > , DOES/VOTCONVAIM ANy TREES OR SHRUBS r ' , v • hor does rr necessarily ' j l! > • "between f n A SPARK FROPA / m y f / \ a Blacksmiths anv/il ignited a , l If (f jSg||j l Wry&x CIG^LTTE ,M ™ E MouW 0F A wanper /j / f i /Z jig t s Jim Giltnoit --Bi&cksmtlh It ’ n-gslLY MefsonSchefl—Bystander* U iDs Jfuger. mm <w,i v “ • WAS SHOD WITH HORSESHOES (ByCfKfflesV otFi'&nce) THIS GR^ £SToMt lK SHANKiU.Gig AND WORE THEM If YEARS ' -Y TaE TruTh <Ol ni. less rwtsrss 6rs!eT. tsv. Cr*t BrltM* tsarXMw

STATE OIL OUTPUT HIGH IN LAST YEAR

Production of Nearly One Million Barrels Exceeded Once Since 1925. With the exception of 1928 the best oil producing year in Indiana since 1925 was 1930, according to figures of the petroleum economics division of the United States bureau of mines, announced by Paul F. Simpson, gas supervisor in the division of geology, Indiana depart-

Indianapolis Stocks

—Feb. 4 Bid. Ask. American Centra) LI Inc C 0.1,000 Belt R R & S Yds Cos com 45 50 Belt R R Yds Cos pfd 51 56 Bobbs-Merril) Cos .. 35 Central Indiana Pw Cos pfd 7s. 79*4 90 Circle Theater Cos com 75... 98 Citizens Gas Cos com 10s 25 Citizens Gas Cos pfd 5s 98 Commonwealth In Cos pfd 75.. 97Vi 102 Commonwealtn In Cos pfd...100 Equitable Securities 25 40 Hook Drug Cos com Indiana Hotel Cos Clanl com. .105 Indiana Hotel Cos pfd 6s 100 ... Indpls Gas Cos com 6s 56V2 61vi Indpls Pwr Lt &Cos pfd 6*,is, 103 105 Indpls Pu Welf L Assn com 8s 51 Indpls Water Cos pfd 5s 101 •Infer Pun Ser Cos pr li pfd 6s 82 •Inter Pu Sr Cos pr pfa 75.. 98 '2 101 Metro Loan Cos 8s 101 N Ind Pub Serv Cos pfd s'/25.. 89*/2 94 •North Ind Pub ServCo pfd 6s 98 102 Northern Ind Pu Sv Cos pfd 7s 105 110 Prog Laundry Cos com 31 E F.auh & Son Fertil Cos pfd 6s 47 Terre Haute Lt & Pwr pfd.. 67 Union Title Cos com 5s 24 34 Van Camp Prod Cos Ist pfd 7s . 93 Van Camp Prod Cos 2d pfd 8s .. 98 Auburn Autombotle Cos c0m..144 146 Backstay Welt Cos com 12 12'/a Ind Pipe Line Cos 18 19 Link Belt Cos com 29% 30 Lynch Glass Machine Cos com 17*4 18 Mead Johnson &Cos com 81 4 83 N Y Central Railroad C 0.... 124'i Noblltt-Soarks Industrials Inc 43 45 Perfect Circle Cos com 26 27 Real Silk Hosiery Mills Inc Cos 27 28 Real Silk Hosiery Mills pfd... 84 90 Ross Gear & Tool Cos 2a 27va Standard Oil Cos 'lndiana! 3a'2 ... Studebaker Corporation 204 22 Vi •Ex-divldends. Bonds Belt R R & Stk Yds Cos 4s. ... 85 Broad Ripple Trac •• Cent Ind Gas Cos as 100 Citizens Street Railroads 55... 23 ... Home T & T of Ft Wayne 65.102*/4 ... Ind Railway & Light Cos 5s 95 ... Indpls Pwr & Lt Cos 99% Indianapolis Gas Cos 5s • 103 Indpls & Martinsv Ra Hr Cos 5s 15 Indpls k Northw Trac Cos 55.. 5 Indpls St Rv 4s • • • • 15 Indpls Trac & Term Cos 5s 42' 2 ... Indpls Union Rv 100 Indpls Water 5s ,22 4 Ini Indpls Water Cos s'is ■•■•■-403 105 Indpls Wa Cos Ist lien & Ref 5s 99 ... Indpls Water Cos 4VzS .. 95Vi ... Indpls Water Works Sec Cos 5s 88 Interst Pub Serv Cos 4*,is 89 No Ind Pub Serv Cos 5s 9o Interst Pub Serv Cos 6*is 102 No Ind Pub Serv Cos 5s 99 ■ ■ No Ind Teleph Cos 6s 98’A 100 Births Girls Everett and Maudie Harpold, 426 Irvington place. Alva and Ethel Bohannon, Coleman hospi Ray Jnd Rosa Griffith, Coleman hosP *John and Elizabeth Hoffman, Coleman h °George and Dorothy McDaniel, Coleman and Elizabeth Farmer, 324 Parker. Joseph and Estelle Hoffman, St. Vincent's hospital. ■ . John and Helen Land. St. Vincent’s hospital. _ , Clayton and Emma Inskeep, St. Vincent’s hospital. _ . _ Leonard and Margaret Gerrard, St. Vincent’s hospital. , . , _ Thomas and Elsie Batchelor, St. Vincent’s hospital. FreJ and Carrie Newton, St. Vincents hospital. _ Bots Reginald and Effie Sweetman, 1823 TallLawrence and Frieda Johnson, Coleman hospital. Paul and Lola Miller, Coleman hospital. Charles and Garnet Camden, 2711 Shelby. _ _ . Delbert and Gladys Bennett, St. Vincent's hospital. Burton and Dorothy Bodenhelmer, 1416 Brookslde. Olin and Lucy Hardy, Christian hospital. Deaths Calvin H. Wilson, 49, Methodist hospital, uremia. Richard Donald Baker, 3, 604 East twelfth, influenza. William May, 61, 2010 East St. Clair, broncho pneumonia. Anna Baker, 43, 4536 East Sahm, lobar pneumonia. Marv E. Kirkpatrick, 85, 1.31 North Capitol, arteriosclerosis. Frederick E. Davis, 63. 4058 Boulevard place. Influenza. Robert Horace Hoskins, 20, Methodist hospital, acute dilatation of heart. Minnie Bohn, 83, 1426 Olive, cerebral apoplexy. Silas Rothermel, 82, 1636 Pleasant, chronic myocarditis. Eliza Pearl Watts, 47, Christian hospital, acute pyelitis. Erma Crook. 30, Christian hospital, general peritonitis. Annie M. Manring, 69, 1964 Park, cardlo renal disease. . . _ Sarah L. Watson. 42. Central Indiana hospital, general paralysis. Oliver M. Sears, 59, Methodist hospital. accidental. Sarah A. Vincent. 84. 2930 Highland place, obstruction of bowels. William Meyers, 67. St. Vincent’s hospital, cerebral %mbollsm.

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

ment of conservation. The production in 1928 was 1,053,000 barrels while that of 1930 was 991,000 barrels. In his report for January, Simpson announces appointment of Virgil Ford Bryant, as deputy gas supervisor for Fay and Adams counties, succeeding A. C. Ford, resigned. Simpson's report on January oil and gas activities in the states by counties is in part, as follows: MADISON—The Pendleton Gas Company completed a very good gas well on the Charles Cox farm, north of Pendleton. MONROE—The Petroleum Exploration Company is rigging up for a test on the Mahala Baxter farm In Salt Creek township. PERRY—Roger E. Williams and other’s wells on the John Backer farm in Troy township have been abandoned. Conyers. Roetzel and Bugg have brought In anew well, just north of their gas wells near Bristow, which produced twenty barrels of oil. Seitz and others have resumed drilling In the Isaac Seibert No. 1 In Tobin township and will test deeper sands. PIKE —James E .Young completed the Matilda Bilderback No. 1 in Washington township at 1,057 feet, where it showed 3.500.000 cubic feet of gas. A second well has been started on the same lease. In the same section the Charles H. Carlisle No. 1 was completed as a dry hole at 1.196 feet, by the Wiser Oil Company. Bolyard and others found the Heacock No. 1 dry in Patoka township. H. H. Risher completed a dry hole at 1.183 feet on the R. G. Salyard lease in Washington township. In the same township. C. E. Wommer abandoned the Timothy Shea No. 1. James E. Young found the Sarah F. Stansell No. 1. in Washington township, dry in the Barker and Brown sands. SPENCER—The Marie Berg No. 2. drilled in Huff township bv the Santa Fe Oil Company was dry in the Jackson sand, but will be tested for a deeper way. Liggett & Melon have resumed drilling in the William F. Grass No. 1. in the same section. after completing a fishing job. Herman Hagedorn and others are spudding in on the Heubschman No. 1. northeast of the Ferg wells. Seitz and Medley will start a well on the Phillips Heirs lease in the northwest auarter of section 11. Steffey and Grass are starting the Gus Sauter No. 1. in Section 2. same township. SULLIVAN—Fred Bays got a 700.000 cubic foot gas well on the M. B. Jewell farm in Curry township. In Section 32. J. C. Ellis is drilling on the William Jewell farm. Same company Is drilling the No. 1 on the Martz estate in the same section. Ellis completed the Alva Martz No. 2. in Section 32. at 536 feet, where a gas well with 200 pound pressure was developed. A small gas well was also reported at 548 feet, on the Alva Martz farm in Section 29, drilled bv Fred Bays. H. Huntsman and others got a gas well on the Katherine Pletv farm in Turman township and have drilled 350 feet in a second well. V ANDERBURG The Vanderburg Oil Corporation found ?. small well at 945 feet on the county poor farm in Center township. A location is being chosen for the company’s third well. VIGO—J. C. Ellis completed and shot the No. J well on the Clay Ladd Riggs lease in the northwest section of the Siosi field. It started at 100 barrels. In the northeast section of the pool the Ohio Oil Corroanv Is down 1.250 feet in the Mabel Prevo No. 2. The Slosl Oil Company is drilling the William Riggs No. 21. In Prairie Creek township, at 1.550 feet. Same company found shallow gas test on the Whalen farm in Section 33. dry at 560 feet. Thomas and Ellis are drilling on the V. P. Collins farm in Section 31. A block of leases has been taken in the northeast corner of the countv which mav forecast some drilling in Kevins township and possibly in the adjoining counties. RECORD LOW MADE Borrowings of Exchange Members Decrease. By United Press NEW YORK, Feb. 4.—New York Stock Exchange late Tuesday reported collateral borrowings members at the close of business Jan. 31. at $1,720,345,318. a decrease of $173,267,572 from the Dec. 31 total of $1,893,612,898. and the lowest total reported since publication of these figures began in 1926. On Jan. 31, 1930; the brokers’ loans amounted to $3,984,768,965, while the high record for all time was established on Sept. 30, 1929, at $8,549,383,979. Marriage Licenses Joseph W. Wilson. 24. of 1134 North Tuxedo, salesman, and Maude A. Johnson. 37. o# 1430 East New York, cashier. R-oscoe Soloman. 22. of Hershev. Pa., clerk, and Virginia P. Blake. 18. of 6524 Ashland, clerk. John H. Higginson. 21. of 822 Athon. Dorter, and Dorothv M. Taylor. 16. of 401 West Twentv-elghth. Kenneth H. Kippllnger. 24. of Indianapolis. agent, and Josephine E. Adrean, 21. of 5353 College. Andrew Ferguson. 17. of 1010 West Twenty-seventh. Janitor. and Alberta Clemons. 17. of 702 North Alabama, nurse. William K. Miller. 23. of 3758 North Pennsylvania, bookkeeper, and AUle C. Motley. 20. of 717 East Thirty-third, stenographer. John E. Evans. 35. of 1905 Ashland, chauffeur, and Winnie H. Emmerling. 34, of 133 South Downey, clerk.

Local Wagon Wheat

Cltv grain elevators ere Devine 68c for No. 1 red wheat and 67c. for No. 1 hard wheat. *

Ri; Registered 0. 8. U V Patent Office RIPLEY

Dow-Jones Summary

Cities Service Company through its subsidiary crew. Levick Company of Titusville. has posted price of $2 for Pennsylvania crude oil in Titusville oil city and Franklin sections where it operates its own gathering lines. Posted price of other companies in the section is $1.85. Standard Oil Company of Nebraska declared a Quarterly dividend of 50 cents placing stock on $2 annual basis against $2.50 previously, payable March 30. record Feb. 25. Previously company had been paying quarterly dividend of 62% cents and extra of 35 cents. First National Stores. Inc., declared regular quarterly dividend of 62% cents on common. payable April 1, record March 16. Public Service Company of northern Illinois year ended Dec. 31. net income $7,564,046 after interest, depreciation, taxes and charges, against $7,100,870 in 1929. LONDON—New York cables opened at 4.85 29-32 against 4.85 25-32; Paris checks. 123.92; Amsterdam, 12.092; Italy. 92.795; Berlin, 20.43. Hartman Corporation omitted quarterly dividend of 30 cents on class A stock due at this time. Caterpillar Tractor declared usual extra dividend of 25 cents and regular quarterly dividend of 75 cents both payable Feb. 28. record Feb. 14. Curtis Publishing 1930 net Income *7.12 a common share against $8.46 a share.in 1929. Sterling Cables 4.86 up %: Francs opened 3.52'/6, up *4; Marks 23.79, up 1',4. Chevrolet Motor Company January production 69,035 cars and trucks against 64,018 in December and 80.950 in January, 1930; February schedule with three less working days calls for 67,429 ears and trucks. Caterpillar Tractor Company and subsidiaries year ended Dec. 31. net profit 58.714.801 after depreciation Interest and federal tax eoual to $4.63 a share on 1,882,240 shares against $11,600,446 or 6.16 a share in 1929. Commonwealth Edison Company 1930 net *11.51 a share on 1,425.100 shares against $12.05 a share on 1.354,143 shares in 1929. Monsanto Chemical Works and subsidiaries 1930 net profit SI.BO a share on about 422.100 shares against $4.25 a share on 398.286 shares in 1929. Freight loadings in United States in week ended Jan. 24 totaled 715.690 cars, a decrease of 10.248 from preceding week. 146,656 below like 1930 week and 210,794 below 1929 week. Continental Chicago Corporation declared regular quarterly dividend of 75 cents on convertible preference stock, payable March 1. record Feb. 15. American Seating Company in 1930 earned 90 cents a share against $2.38 in 1929. United States Stores Corporation for year 1930 reports profit $350,523 after depreciation. etc., but before federal taxes, against $485,301 in 1929. Wolverine Portland Cement Company omitted quarterly dividend of 15 cents due to be paid Feb. 15. Domestic Crude Oil Production averaged 2,085,950 barrel'* daily in week ended Jan. 31, s, decline of 24.650 from preceding week's daily average and comparing with 2,595,000 barrels daily in like 1930 week, American Petroleum Institute Reports; gasoline stocks increased 162. International Carriers Ltd. 1930 net loss $1,396,399 after expenses, ordinary taxes and loss on sale of securities; investments carried at cost of $13,540,948 had market value of $8,778,280 on Dec. 31. 1930; net asset value $14.91 a share at end of s'ear. George W. Helme Company year ended Dec. 31. net profit $2.23!.501 after charges federal taxes, etc., against $2,324,993 in 1929. Eastern States Power Corporation In 1930 earned 79 cents a Class B common share, against $2.27 a share In 1929: investments carried at cost of $20,015,814 on Dec 31, 1930 had market value of $17,696,746. . Bankers acceptance bid and asked rates reduced % of 1 per cent on all maturities to l'.iftl 3 * per cent for 30. 60 and 90 days. I%ft. 1% per cent for 120 days and 1%U1% per cent ror 150 and 180 days. Marshall Field fc Cos., declared regular quarterly dividends of 62** cents on common, payable March 1, record Feb. 14. New York Exchange member* borrowings declines $173,267,572 during January to $1,720,345,318; year ago loans totaled *3,984,768.065. Canadian Pacific fourth week January gross, $3,808,000 decreased of $591 oob from like 1930 week: gross for January $11,418,000, decrease *1.600.000. , ' a * iual T RAW SUGAR PRICES v —Feb. 3 High. Low. Close January 1.57 1.58 1.56 March 1.25 1 23 1.23 Mav 1.32 1.30 1.30 July . 1.40 1.37 1.37 September 1.48 1.45 l 48 December 1.55 1.53 153

WE i Commonwealth Loan 7% Pfd. ! ™n OFFER) 415 BLDG TODD

.FEB. 4, 1931

CORN FUTURES t SELL HIGHER IN EARLYTRADING Liverpool Moves Uneven on Weather Report and Foreign Advices. By United Press CHICAGO, Feb. 4.—Corn prices bounded unevenly and sharply higher on the Board of Trade this morning, with wheat and oats trailing along more sedately. Execution of overnight buying orders and new investment buying found few offerings at the start. Colder weather in the east and south was interpreted as favorable for feeding. Wheat is in a weather market and while the old crop months were static, the new moved upward fractionally, furthering the rally of Tuesday. Oats were drawn upward with the others. Rain Is Expected At the opening corn was to Its cents higher, old wheat was unchanged to % cent lower, new wheat was ti to % cent higher. Provisions were steady. The better foreign advices gave Liverpool a higher opening than expected, but the prices dropped back somewhat on reports of improved weather in South America, being % to \ cent higher §t midafternoon. Wheat traders are inclined to think that a further upturn would weaken the technical position. Sellers continue to move cautiously owing to the prevailing weather conditions. No change is in prospect although the Kansas City forecaster looks for rain in that section within twenty-four hours. News Is Weak Interests in close touch with the cash com situation and the country believe that a considerable advance will be necessary before the farmer will sell and increase the movement. The absence of a cash incentive has caused the market to take its cue from wheat. Oats are following the tread of the major c( *eals, but the market has become more active. Special news is lacking. Chicago Grain Table ■*—Feb.* 4 WHEAT— Prey. „ , High. Lou 11:00 close. March 79% .79 Vi .79% .79% May 82% .81% .82 .82 July 68% .68% .68% .68 September .. .67% .67 .67% .66% CORN— March .65% .65% .65% .64% May .68% .66% 66% .65% July 68% .67% .67% .67 September .. .67% .67% .67% .66% OATS— March 33% .33% .33% .33% Mav 33% .33% .33% .33*.July 33% .32'i .33% .32% RYE— March 39% .38% Mav 41% .4! .41 .40% July 41% .41 Vi 41 Vi 41 LARD— March ... ... 8.20 May 8.35 8.32 8.32 8.35 July 8.47 8.45 8.45 8.50 By Times Special CHICAGO. Feb. 4.—Carlots: Wheat. 4£> corn; 60; oats, 8. In the Air Weather conditions in the air at 9 a. m.: Northeast wind, eighteen miles an horn-; barometric pressure, 30.23 at sea level; temperature, 32; ceiling, unlimited; visibility, seven miles; field, good. Arrivals and Departures Mars Hill Airport—H. Weir Cook, general manager, Curtiss-Wright Flying Service of Indiana, Indianapolis to Marshall, 111., Curtis Robin; Dick Arnett, from Lafayette to Indianapolis, Stinson Jr.; T. and W. A. passengers westbound included Herbert Tormohlen, Portland, Ind; eastbound passengers w-ere J. L. Collins, Lancaster. 0., and Miss Eleanor Atkinson. Indianapolis, both to Columbus, O.; Embry-Riddle passengers to Chicago were L. A. Stoner, Chicago, and Howard M. Wilson and Nelson L. Bulkley, both of Columbus, O. Hoosier Airport—O. W. Jones, Muncie to Indianapolis, Waco; J, H. McDuffee. to Detroit, Ryan, Dick Knox, pilot. DOX Pontoon Damaged By United Press LAS PALMAS. Canary Island. Feb. 4.—Departure of the flying boat Dox for the Cape Verde islands on the next leg of a proposed flight to South America was dependent today upon repair of one of the ship's pontoons and appeared indefinite The pontoon was damaged Tuesday when the Dox was returning to Las Palmas from Gando bay. BOYS GET SSOO,OOcT —IF THEY'RE GOOD Wealthy Doctor Stipulates in Will Nephews Can’t Dissipate. By United Press SAN JOSE. Cal., Feb. 4.—William H. Keith, 6, and his brother. Chandler, 4, of Franklin, N. H will be well taken care of, if, in return, they take excellent care of themselves. Their late uncle. Dr. William E. Keith, wealthy San Jose physician, left his $500,000 estate in trust with a New Hampshire bank, to be used as an educational fund for the two boys. A clause in the will specifies they must not “use tobacco, intoxicating liquors, narcotics or indulge in other dissipation’ and provides for a medical examination every six months to enforce the rules/ And if they weaken, the entire estate goes to the Clark School for the Deaf at Northampton, Mass. Chicago Thieves Get Miniora By United Press CHICAGO. Feb. 4.—Burglars and robbers took $3,845,017 in cash and merchandise from Chicago citizens during 1930, it was reported officially today. Police recovered $794 - 555 of the loot.

CAMPBELL and COMPANY BONDS and STOCKS Trustee Standard Oil Shares 1418 Fletcher Trust Bldg. RI. 1891