Indianapolis Times, Volume 42, Number 240, Indianapolis, Marion County, 14 February 1931 — Page 11

FEB. 14, 1931.

STOCK MARKET MOVES HIGHER • IN LATE RALLY Issues Show Gain Despite Profit-Taking Near Close of Day.

Average Stock Prices

.Averts* price of thirty industrial* for Wednesday was 181 88. up ,68, anew high I?!-} B * l - Average of twenty rails was no. <1, off .30 Average of twenty utilities was 07,13. up .97. anew h.zh for 1931. Avtrage of forty bonds was 96.3* up .06 By United Press NEW YORK, Feb. 13 —Strength in oil shares, tobaccos and electrical equipments on the Stock Exchange today was offset by profit-taking elsewhere in the list, trading volume was down sharply from recent sessions. Sales totaled 2,700,000 shares <ompared with 4.700,000 shares on Wednesday. According to preliminary calculation the Dow Jones <fc Cos. industrial average declined 1.16 points to 180.71, and the railroad average 0.70 points to 110.01. The list was little ruffled by the •shutdown Thursday. It opened irregular, dipped slightly from initial levels and then rallied. A series of recoveries and declines followed. In >he late afternoon the whole market met week-end profit-taking ■pressure, but in the last few minutes of business a substantial recovery was noted all along the line. Westinghousc Leads List Westinghouse Electric replaced United States Steel as a leader in the industrial division, rising to within touching distance of the 100-mark, against a previous close of 95Vi. Other strong spots included several of the amusements and copper shares. J. I. Case was carried to 121 h, tip 4 points. It reacted in the late trading, recovering part cf the loss near the close. Efforts in the house to exclude imports of oil on a large scale Was interpreted bullishly in the street and were followed by good buying in the representative issues. Houston ran up nearly 5 points and other issues of the group rose fractions to more than a point. Foster Wheeler was a feature in the companies making oil equipment machinery. Lorillard had a runup on a rise of 500 per cent in its 1030 earnings as compared with 1929. United Stores issues were up on pool operations. Other tobaccos maintained a firm tone, American Tobacco rising more than two points. Coppers Move Higher Demand for copper metal at higher prices instituted a few days ago kept prices of copper shares up. Kennecott and American Smelting featured with a gain of more than a point each. Auburn auto fluctuated over a wide range at one time being down more than 4 points. It rallied near the close. Profit-taking operations also were noted in recent volatile favorites. Revere Copper X Brass omitted Us quarterly dividend of $1 Steel news was fair, showing an increase in operations for the leading producer. United States Steel, however, fluctuated irregularly and closed at 145%, off l l i from the previous close. Ludlum preferred rose 13*1 points to 49% and closed at 49.

Bank Clearings

INDIANAPOLIS STATEMENT —Feb. 13Clearings Debits 5.330.000 CHICAGO STATEMENT Feb. 13— Clearings r... .$39 SOfl 000 Balances 6.000,000

New York Curb Market

ißv Thomson ft McKinnon' - Feb. 13Close Close Am Com Pwr.. 16% Int Pete 14 Am Gas \ El.. 78' Midwest Ut .... 24% Am Lt ft Tr... 48%'M0 Kan Pipe.. 7% Ark Gas 6%lMt Prod 54 Aviation of Am. 24’ Newmont Min .. 54% Brazil PftL. .. 254!N1a Hud Pwr... 11% Can Marc 4% Noranda 16% Cities Serv 20 Pantepec 14 Cons Gas 91%‘Penroad 7% Cord 9 Prince ft Whtlv 14 Crocker ft 5Vh. 9% Salt Creek 7 Durant Mot ... 1% Sel Indus 44 dec Bond Sh.. 49% Shenandoah ... 5% lord of Can ... 24'. Std of Tnd 35V* rord of Eng .. 18% Std of Kv 234 Fox Theater ... s s , Std of Ohio 55% Goldman Sachs 7% Stutz 24% Gulf Oil 70 V Trans Air Trans 4% Hudson Bav .. 5% Un Gas (r.ew).. 10% Humble Oil ... 67* ■ Un It ft Pwr . 28% Ind Terr A 16% Ut Pwr 12% Tnsull Ut 49 Vacuum Oil .... 65% Int Super 26 Walgreen 214

Investment Trust Shares

i By James T. Hamtll & Cos.) —Feb. 13PRICES ARE TO 13 NOON C. S. T. Bid. Ask. Amer Founder's Corp Com .... 44 5 Am and Gen Sec “A” 14 Am Inv Trust Shares ss*5 s * 6% Basic Industry Shares 64- 7% corporate Trust Shares 6% 6 s , Cumulative Trust Shares 7% 8% Diversified Trustees Shares "A". 18 18% First American Corp 8% 8% Fixed Trust Oil Shares 5% 6% Fixed Trust Shares “A” 15 Inv Trust N Y 7% 8% Leaders of Industry Sevies "’A” 8% Nation Wide Securities 7% 7 s * National Industry Shares 64' 7 N Am Trust Shares 6% 6% Sel Am Shares 54 s s i Shawmut Bank Inv Trust.... 94i 114 Universal Trust Shares 64 6% S W Strauss Inv Ufttlb 54 Super Corp of Am Tr Sh A”.. 7% 7% Fundamental Trust Shares ”A’ 7% 7% Fundamental Trust Shares "B ’ 7% 84 U S Elec Light ft Pwr “A” 31% 33’%

Net Changes

By C’wircd Pres# NEW YORK. Feb. 13.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. oit. American Can 11$ J < . American & Foreign Po. 36V . .* American Smelting ... 49V 1 American Telephone ...192 V 1 4 Auburn 176 s v . 5 Bethlehem Steel 58V l' Case 16*, !• Consolidated Gag ...... 93 s , . I>. Electric Power 52 >, General Fleetrie 431 ... l' Genera! Motors. e?;-div. 42 V Gillette 30** i>. International Telephone 29'.■ .. 'i Loew’s Tnc 56 T ANARUS 1* . Montgomery Ward 23’, ... * New York Central 125 .. I'-. Packard, ex-dlv. urich Pennsylvania 63 V ... Phillips Petroleum 14-’. , ... Radio, unchanged 18V Standard Oil N Jersey 50’ V ... Texas Corporation 34V V ... United Corporation ...33 ... 'i United States Steel 145 V l>. Vanadium 61 1 < * Warner Brothers Picture 18V >* Westlnghoure Electric.. 98’ 3 New York Liberty Bonds —Feb. 13— 3'a* 101.34 Ist 4Vs 192.27 4:h 4V* 103.25 Treasury 4Vs 111.21 Treasury 4s 103.2!

New York Stocks

Si/ United Pi tt* NEW YORK. Feb. 13.—Stock sales on the New York Stock Exchange today totaled 2,700.000 shares; Curb Btock Exchange ssle* totaled 480.000 shares. —feb. II Railroad*— High. Low. Clot*. flow. Atchiscon IM% 193 IM Salt * 0hi0.... 83 81 52* Chest * Ohio . 45% JJ'i $4 ■ ♦J 1 * Chest Cora 49 49 49 ‘ 4 J Chi On West -.. Chi N West 44 . J* jyV §&* Hu<u<>n ;:::: ::: ■. Erie lat old • 4 *ft Great Northern. M **. ** *§2 Oulf Mob ft 011 31 % 30' '* Illinois Central. 86% 84 *♦ *7 Kan Clt7 43 KWr*—.:™* i4'. % ** Mo Pacific 39-4 39 M .J}' 4 Mo Pacific ofd... 19 * 1?;, N Y Central 136 I** 589 Nickel Plate 89 M * NYN Hft H.. - u . -1., 33 * Nor Pacific 51 i 6J. 56% 58 Pennsylvania ... 63 62’t 63 *jjj Seaboard Air L 1 a • So Pacific 10* 1 97 107 1 4 108’s Southern Ry ... 63% 63 63 64 St Paul . . 8 1 * 8% 8 a * St Paul pid 14’ 4 13*4 14% 14 T A- A F s*l 56Va 57 5“v2 Union Pacific .. .201 19V.z 19* 302 Va Waba*h I*l* ?', 4 W Maryland ... 18' 3< ! * Weat Pacific 12% 14 Equipment*— Am Car ft Fdy.. 33 33% 3/ 4 33 Am Locomotive. 26'i 26 3* 26 j Am Steel Fd.... 27% 27 27 27% Am Air Brake S ... . „ j* Gen Am Tank.. M% 67% *9 ** . General Elec. . 49% 48’* 48 * 49 * Gen Rv Sign*! „ 7|V a -SV* Lima Loco 30’, 29% 29’.* 30 v* Press Stl Car... S’* at* 5% 5 * Pullman 85% 54V* So*,* So % Westingh Ai B. 34% 344* 34’,. 34”-* Weatingh Elec.. 99 '2 94’* 98 a 95 ‘2 Rubber*— .... Firestone I" 1 -* 17v* I<% 18 Fisk ... *4 % ** % Goodrich ...... 17 7 /* 17% 17% 17% Goodyear ...... 47*2 46% 46% 46% Kelly Sprgfid .. IT* 1% 3 <4 U S Rubber .... 14 13‘,2 13 * 14 Motor* — ..... Auburn 183% 176% 176' .3 181% Chrysler 20** 18 7 * 20 19V* Gardner I l * I '4 Graham Paige.. 4 7 * 4*/, 4% 4% General Motors. 43', 4 42% 43% 431* Hudson 22’,* 21% 21 s * 22 Hupp 11% 10% 10’* lt% Mack 40 7 39=* 40’* 40% Marmon 6% 6V* 6% 6% Nash 34% 33Vj 33% 34 Packard 10'* 10',* 10% 10' 3 Pierce Arrow . . 26’* 26 26 27 Reo 9?* 9 9 9’* Studebaker 227, 22 22 23% Yellow Truck ... 12% 12 121* 12'* Motor Access— Am Bosch 19% 18 19% ... Bendlx Aviation. 22 7 * 21 Va 21V* 22 Borg Warner ... 25% 24% 24% 25 Briggs 18 177* 17V* 177* Buda Wheel .... 11*/* 11V* Ilia 11V* Campbell Wy ... 147* 14V* I4V* 147* Eaton 16 3 4 18V* 16V* 167* El Storage B ... 587 587, 58’* 58V3 Hayes Body 4’* 4 4 47* Houda 6 57* 57* 57* Motor Wheel ... 1* ... 16 16V* Sparks W 10-’, 10 10 107* Stewart Warner. 16 IS’,* 15U 16 Timkin Roll 547* 52’.- S3 7 , SI Mining— Am Metals ...... .. 19V 19 1 /* Am Smelt SO 7 * 487 49-’ t 487* Am Zinc 6 87* 57* 57* Anaconda Cop.. 38 7 * 37V* 37'* 37V* Cal ft Hecla 10 9* 10 9 7 ', Cal ft Aria 40U 4040 39 Cerro de Pasco.. 27’* 26’.4 27 27 Dome Mines .. 11 107* 11 107* Freeport Texas.. 377* 36Vs 36Vi 367* Granby Corp .. 19V* 18 18 1 * 18V* Great Nor Ore.. 21V* 21U 21V* 21V4 Howe Sound.... 257* 25 25V* 25 Int Nickel 17 ISVi 16 5 , 161 a Inspiration .... 10 9‘i 9V* 9*/ Kennecott Cop.. 28’i 26 s , 27U 26*,$ Kaßma Cop 23V* 23 23 23 Miami Copper .. 9 s * 9 9 9V* Nev Cons 12 7 , 12 1 /* 12U 12V* Texas Gul Sul.. 51 Vi 5071, 51 517* U S Smelt 21** 20** 21 207* Oil*— Amerada 20V* 19’.* 30V* 20 Ain Republic ... 10 3 * 9 10 Atl Refining ... 23V* 21V, 22V* 21>i Barnsdall 147* 127* 13’.* 12V* Beacon 10 Houston 117* 9 v* 11 10 Indian Refining 47* 47* 4V* 4’.* Mev Sbd 18’.• 18 177* 16 Mid Conti 157* 147* 15** 147* Pan-Arner (B;.. 35 34V* 35 34 Phillips 15V* 14 147* 14V* Pr Oil ft Gas ... 15*4 HU 15V* 147* Pure Oil 11V* IOVi 11’* lO’/* Richfield s’* 47* 5 5 Royal Dutch ... 427* 41V* 42Vi 42 3hell Un 10U 9 s . 9 3 4 97'* Simms Pt 10’i 8 10 9V' Sinclair 13’* 12V* 13V* 12V* Skelly 11 Va 10U 107 k 10 Stand of Ca! ... 517* 49’* 50V* 50 Stand of N J ... 52 49 s * 507* 59V‘s Stand of N Y . . 25 7 , 25 25 s * 25V* Texas Cos 35U ss*a ?4V* 33=k Union Oil 26’* 247* 25U ' 24>i Steel*— Am Roll Mills. . 30 3 k 297 k 30 29", Bethlehem 59 7 577* 587* 537* Brers AM 54‘i 52>* 5371 527 k Colo Fuel 27 :, 267 k 26', 27V* Cruc Steel 63 Inlarvi m Ludlum 18 17 17 Vi 17 Midland 25 7 i 25Vi 25V* 26 Newton 17 177* R’Oub I ft 5.... 19 7 k 187* 19’i 197* V S Steel 147 3 * 1457, 145 7 . 147 Vanadium , ... 64 60’* 61 v* ... Youngst Sft W 24 u 24 Vi Youngst S ft. T 75 73 75 Tobacco*— Am Sumatra 11U 9 1 * 10 s * ? 7 Am Yob (A) new 114 3 ,., 113 114’* U 4 Am Tob <Bi nw 116 n ,4 115 116 114 U Con Cisrar*., 30U 30 307* 3074 General Cigar 47V* 48 Tig ft Myers B. 69U 887* 83U 887* Lorillard 17V4 16’* 16U I s 7, Phil Morris ... 11 Reynolds Tob... 45V* 45 45V* 45’4 Std Com Tob ... 37k Tob Pr A 12V* 11U 12U 117. Tob Pr B 2 T J*i 27* 27k United Cig 5V* 5 s’* s>* Utilities— Abitibi 10U IOVi Adams Exp 22Vi 22U 22U 32U Am For Pwr .. . 38 s , 36V* 367 k 337* Am Pwr ft L 1... 53 s * 517* 537* 527 k A T ft T 194 s , IP2U 192 U I 4 U Col Gas A- E 1... 41 7 * 40’* 40V* 40Vk Com ft Sou ... 10k 10 10 10U El Pvr & Li 52U 51’* 52 517* Gen Gas 6U 5 7 * - 5 7 * ... Int! Tft T 307* 29U 29V* 29U Natl Pwr ft Li.. 38 s , 37’ 37U 377 k No Amer Cos ... 82 80U 81’* 82 l * Pac Gas ft El.. 48U 47 47 48 Pub Ser N J ... 85U 84U 84Vi 84 3 k So Cal Edison.. 50V* 495,, 531; s^3' Std Gft El 71 69V* 69 5 , 7074 United Corp ... 23U 23 23V* 237*

Produce Markets

Bees icountry run)—Loss off delivered I in Indianapolis. 13c; henerv duality No. 1. I 15c: No. 2. He. Poutrv (buying prices)—Hens, weighing 5 lbs. or over. 17c: under 5 lbs., 16c, Leghorn hens, lie: canons. 74 lbs. un. 28c: 64-74 lbs.. 24c: under 64 lbs., 20s: springers. 5 lbs. or over. 17c: or under 5 lbs.. 17c: ducks, springers. 11c; old cocks. 9®Uc: ducks, full feather fat white 9c; geese. Bc. These prices are for No. 1 top duality duoted bv Ktngan ft Cos. Butter (wholesale No. 1, £9®Soc: No. 2. 27® !Bc. Butterfat—2sc Cheese (wholesale selling price per pound)—American loaf Sic: pimento loaf. S2c: 'Wisconsin firsts. 37c; Longhorns. 34c: New York Limberger. 36c. By United Press CINCINNATI. 0.. Feb. 13c-Butter. steady; creamery in tub lots according to score. 23®25c; common score discounted 2® 3c: packing stock. No. 1. 20c; No. 2. 15c: No. 3. lfic: butter fat, 21®23c. Eggs —Lower: cases included, extra firsts. 164 c: firsts 13c; 'econds. 134 c: nearby ungraded. 154-c. Live poultry—Thin and coarse stock sells only at heavy discount. Fowls, 3 lbs. and over. 17c: 4 lbs. and ( over. 19c: 3 lbs. and over. 19c: Leghorns. 3 lbs. and over. 144 c: roosters. 13c; capons. 8 lbs. and over. 32c; under. 8 lbs., I8c: slips 21c; stags, 16c: colored fryers, oxer 3 lbs.. 30c; over 2 lbs.. 30c; Leghorn and Orpmgton fryers over 2 lbs.. 23c; broilers n<w crop full feathered 1% lbs. and over. 33c: roasting chicks. 4 lbs. and over. 26c; black springers, 15c. By United Press v CLEVELAND. Feb 13.—Butter—Extras, 26%r; standards, 26%c. Eggs—Extras. 174 c: firsts, 164 c. Poultry—Fowls. ?ic; medium. 21c: Leghorn fowls. 16fil7c; heavy broilers, 21®33c: Leghorn broilers. 15c; ducks. 25c: old cocks, lac; geese. 15® 16c: stags. 20c: capors No. 1. 28®32c. Potatoes—Ohio Round Whites. 90c®*l per . s * ck: Molne Green Mountain, *2.33(512.40, few *2.50 per 130-lb. sack; Idaho Russet, mostly $2.25 per 100-lb. sack. By United Press NEW YORK. Feb. 13.—Potatoes—Market, weak: Long Island. *1.751x3.85 barrel: Southern crate. $1.3*4 2: Maine. 82.75®3 40 barrel: Idaho. 40c®52.50 sack: Bermuda, *.so'a9 barrel; Canada 60c 5 *3.50 barrel, bweer potatoes—Market, steady; Je.’sey baskets. 60c®*3.50; Southern baskets. Boc® $2.-.5. Flour—Market, auiet and steady; spring patents. *4.43®4 85 barrel. PorkMarket. dull: mess. *28.50. Lard—Market, easier; mtddlewest spot. 33.3553 45. Tallow—Market, ouiet: special to extra. 346' 3 s ,c. Dressed poultry—Market irregular: turgevs. ?lff 42c: chickens. 20® 39c: broilers. 23®30c: capons. 23®40c: fowls. 14®. 34c: ducks. 13H.26C: Lone Island ducks. 230 24c. Lire poultry—Market. auiet; teese 13019 c: ducks. 13®26c: fowls. 21® 24c: turkevs, 23®40c: rosters 14®16c; chickens. 1945 28c: capons. 36 8 40c: broilers. 280 40c. Cheese—Market, auiet: state whole milk, fanev o specials. 17@224c; voune Americas. 17® 20c. By United Press CHICAGO. Feb. 13. Eggs— Market, fleadv: receipts. 11.169 cases: extra firsts. firsts .15c; ordinaries 13014 c: second. 11812 c Butter—Market, steady, receipts. 11.616 tubs, extras. 26%c; extra firsts. 2540 26": firsts. 244® 25c: seconds. 234 C24r: standards. 26 s ,c Poultry—Market, about steady: receipts. 3 cars; fowls. 184 ® 20c; oringers. 23c: Lechoms. 15’ae duek.. 23e: geese lie: turkeys. 22®25c; roosters. 15e. Chersi—Twins. 14%15c; v ounr Americas. IS 1 c Potatoes —On track. 200: arrivals. 128; shiomnls. 992: market. Wttconrin sseked Round Whit*?, at.3s® 1.40: Idaho sacked Russets. SI *o® 1.85.

’< By Thornton ft McKinnon’

Ut Pwr ft LA . 37U 17 21V* 37U Weat Union 141 145 Am Jsi! a (;orp... Jl 7 , 317, 31* 32 Am Ship A Com ... . ... 1 Inti Mar M pfd 167* UV* 14G 18 United Fruit ... 61U 60’, 6IV* 61 An Bus ... 53 51V* Armour A 3*, s>4 *V4 3U Beechnut Pkg MV4 Cal Pkg 457* 48,k Can Dry 35 U 24 V* 34 s , 15 Childs Cos 327, 31 75 *3 32 Coca Colt 163 7 * 162 I3Vi 168 1 /* Cont Baking A.. 36”. 26 28V* 26’* Corn Prod 84U 84’* 847* 88' * Crm Wheat ..... ... 29 s * 30 Cudahy Pkg ... . 43V* 43’i Cuban Am Sug. 4V* 4 4V 4 Gen Foods 53 s , 527. 52 s * 53U Grand Union ... 15 14'* 15 14 7 * Heraey 9 j Jewel Tea 56U 55U *SU 55’i Kroger 377, 26’,* 37 2 Natrßiacuit 81 s , 80 M 81V* Pillabury SlVi 304 U3l 30 Safeway t S77k 49>* 55 50 Std Brands 19 18* 18 s * 18 7 ', Ward Bkg e*, 6V* 6’* 6* T>rn j,— Coty Inc 14V* 137* 137* 14 Lambert Cos 84U 82V, 82U 81 U Lehn ft Pink ... 32’. 31’, 31’. 33 Indoatrial*— Am Radiator ... 19 187* 18U U’i Bush Term 30 V* 30 30 V* 30 Certainteed .... 37* t 3 2 s , 3 s , Gen Asphalt ... 407. 377* 3# 38 Lehigh Port .. 18 Otis Kiev 55U 54 s , 54*. 55 Indus Chains— Allied Chem 170 U 165 165 168 Com Solv 19’* 18*. 18 3 * 18 s * Union Carb *4 63’* 68V* *". U S Ind Alco . 68’* 67V* 67V* 687* Reta’l Stores— Assoc Dry Gds.. 26U 26 26 26U Gimbel Bros ... 5 s * 5 57* S’, Kresge S 8 27 s , 27 U 27> 27’/* May D Btcre .. 387 k Mont Ward 247* 23’* 23 7 . . 237* Penny J C 3 3 7, 35 35 35Vi Schulte Ret St.. 57 5 57, 5 Sears Roe 56 U 55 55 * 56U Woolworth 62 s * 61!, 61 Vi 62 *i Amusements— Bruns Bailee 15 14 15 14 Cos! Graph ...... 11= * 10 s * 107, IOU Crosley Radio 7** 774 Eastman Kod ...1707* -67’k 168 1 70’, Fox Film A 37 34 7 .* 36U 35*i Grigsby Grunow 47* 3 7 , 47k * Loews Inc 57V* 55 56 7 557* Pa ram Pam 497* 48 >4 49 49 Radio Com .... 197* 187* 187* 1874 R-K-O 21V. 207, 20 7 , 20 s * Schubert 57k SV* Warner Bros .. 18 s * 17*4 W/ 18 Miscellaneous— Airway Ann 9 Bs/*8 s /* 874 9 City Ice ft Pu.. 37 35 367* 36U Congoleum a 7 * 97* 97* 9V* Amer Can 118 7 * 1167, 11874 117’* Cont Can 537* 51% 527, 52V* Curtiss Wr 4V* 4Vi 4V. 47* Giliett* S R 33V* 30 s , 30k 31 74 Real Silk .. ... 29 7 * Un Aircraft 33 317* 3ii 3174 Int Harr 557* 54 54 54’i

Chicago Stocks

"•By James T. HamiU ft Cos.)"

The market was more or less erratic today but quite a spurt was had in Grigsby and Majestic on report that directors of these two companies would meet today in an endeavor to smooth out the road leading to the rumored merger, but it may take some time to iron out the situation. Both Grigsby and Majestic were taken in much larger quantities than for some time, Grigsby opening at 4 selling at 5 and closing at 4T*. Majestic opened at 3!i running up to 5 and closing at 4Ts. There was a good lot of trading in Borg Warner, Bendix, Seaboard -Utilities, United States Radio and Television and United Gas and all of these held fractionally firm. Large trading was made in insull issues but price changes were confined to fractional amounts. Yates Machinery took anew upward turn moving to anew recent high of 8. Cord sold down from its last closing of 94 to 8%, finishing at that. Noblitt Sparks with small trading closed at 44%. Taking into consideration the recent advances the market has absorbed the profit taking today nicely, which did not seem to be urgent. TOTAL SALES 240.000 SHARES —Feb. 13— High. Low. Close. Allied Motor Ind 2% 2 2% Art Met*! Works 7% 6% 6% Assoc Telephone Util... 25% 25 25% Bendis Aviation 22% 214 21% Sinks Mfs 64 Bofg-Warner 25% 244 25 Burnham Trading pfd.. 10% 10% 10% Castle AM 29% 294 29% Coco Ml* Cos 4% 4 4% Cent 111 Securities 24 Cent Pub Serv Clast A.. 19 18% 18% Cent ft So West 24% 23% 24% Chi City ft Con Rys pfd 5 Cities Service 20% 194 20 Club Aluminum 354. 33% Commnowe&lth Edison 251 2V 231 Construct Mat 9% 9 9% Cont Chicago 84 7% 7% Cont Chicago pfd 38% 38 38 4 Cord Corp 9% 8% 8% Corp Securities 21 % 20 7 /* 20% Elec Household 25% 24% 244 Gen Thcat Eq VTC com 144 14 14% Gleaner 2 1% 1% Great Lakes Aircraft.. 24 2% 24 Grigsbv-Grunow 5 s% % Houdaille-Hershey A 12% 124 134 Houdaille-Hershev 8... fi 54 .>■ Insull Uitl Invest 49 48% 48 4 Ins Ut Inv nfd ex-war.. 90 89% 90 In Ut In pfd 2d sr 6s %0 934 92% £2% Iron Fireman 18 Jefferson Elec 20’.- 194 194 Kalamazoo Stove 29 Kellogg Swtich com 54 5 ft Lion Oil Refining C 0... 64 64 64 Majestic Household Util 5 3% 4Vs Manhattan-Dearborn .. 18 17% 18 Middle West Uttlies 25 24% 24% Midland United 23 224 22% Mo-Karsas Pipe Line.. 74 4% 6% National Repub Inv 304 National Securities Inv 6% 5% 64 Natl Securities Inv ctfs 74 ... ~. National Standard .... 30% Noblltt-Sparks Indu Inc 44% 44 4 44% North American Car 36 North Am Light & Pvr 64 4 64 % 64% Perfect Circle 28 Pines Winterfront 19 Public Service N P 254% 352 254 Raytheon V T C 74 Seab Util Shares 44 4 4 4% Southern Union Gas... 94 8% 94 Standard Dredging Cos.. 5% Super-Maid 6 Swift ft Cos 30 294 29% Swift Intemscional .... 35% 35 35 U S Radio ft Tel 28 27 27 Utah Radio 4% 44 44 Utility ft Ind 8 6 6 Utility ft Ind ufd 19 184 184 Wextark Radio 1 % 1 1 Yates Machine 8 6 8 Zenith Radio 4% 4 4%

Indianapolis Stocks

—Feb. 13— Bid. Ask. American Central Li Inc Cos.. 1.000 Belt R R ft S Yds Cos c0m.... 43% 48 Belt R R Yds Cos pfd 51 56 Bobhs-Merrill Cos Central Indiana Pw Cos pfd 7s 79% 84 Circle Theater Cos com 7s ... 98 Citizens Oas Cos com 10s 25 Citizens Ga3 Cos pfd 5s 98 Commonwealth In Cos pfd 75.. 97% 102 Commonwealth In Cos pfd ...100 Equitable Securities 25 Hook Drug Cos com Indiana Hofal Cos Clanl c0m..105 Indiana Hotel Cos pfd 6s 100 Indpls Gas Cos com 6s 56 4 61 4 Indpls Pwr Lt ft Cos pfd 645. 103 1054 Indpls Pu Well L Assn com 8s 51 Indpls Water Cos pfd 5s 101 •Inter Pun oer Cos pr li pfd 6s 83 •Inter Pu Sr pr pfd 7s 99 101 Metro Loan Cos 8s 101 N Ind Pub Serv Cos pfd 545... 894 9* •North Ind Pub Serv Cos pfd 6s 98 132 North Ind Pub Sv Cos pfd 7s 1064 ... Proe Laundry Cos com 31 E Rauh ft Son Fertil Cos pfd 6s 47 Terre Haute Lt ft Pwr pfd 67 Union Title Cos com 5s 20 Van Camp Prod Cos Ist pfd 7s ... 93 Van Camp Prod Cos 2d pfd 8s .. .* 98 Auburn Automobile Cos c0m....178 180 Backstay Welt Cos com 13 ’ 15 Ind Pipe Line Cos 20 22 Link Belt Cos com 30% 31% Lynch Glasi- Machine Cos c m 17 18 Mead Johnson ft Cos com 87 89 N Y Centra] Railroad Cos 124 126 Noblltt-Sparks Industrials Inc. 43 4 45 4 Perfect Circle Cos com 26 28 Seal Silk Hosiery Mills Inc Cos 29 304 eal Silk Hosiery Mills nfd... 84 po Ross Gear ft Tool Cos 27% 29% Standard Oil Cos (Indian*) 35 Studebaker Corporation 21 23 •Ex-dividende. Bends Belt R R ft Stk Yds Cos 4s ... 85 Broad Ripple Trae Cent Ind Oas Cos 5s 99 Citizens Street Railroads 5s . 23 27 Home Tft T of Ft Wayne 6s. 102% ... Ind Railway ft Liht Cos 55.. 95 Indpls Pwr ft tt Cos 1004 103 Indianapolis Gas Cos 5* 100 10$ Indpls ft Martinsv Ra Hr Cos (s 15 Indpls ft Northw Trac Cos ss. 42’- ... Indpls St Ry 4s 15 indpls Trae ft Term Cos 5i 424 ... Indpls Union Ry 100 . . Indpls Water 3s > 88% Indpls Water Cos 54s 103 105 Indpls Ws Cos Ist hen ft Ref 5s 99 Indpls Water Cos 44s 954 ... Indpls Water Works Bee Cos 5s 89 Interst Pub Serv Cos *4s 89 No Ind Pub Serv Cos 5s 95 Interst Pub Serv Cos 64s ....102 . N Ind Pub Serv 5* .*• No Ind Tel-ph Cos s 91 s 190

THE INDIANAPOLIS TIMES

PORKER PRICES OFF 20 GENTS AT CITY YARDS Cattle Steady With Little Change; Veals Move Upward. HOGS Pah. Bulk. Eariy top. Receipts 5 57.00® 6.10 SR.IS 5000 6. • 7.0046, 8.10 *.13 5,000 7. 7.0041 8.10 8.20 3.000 9. 6.90® 10.00 8.20 5,003 10. 7.00# 3.20 8.30 6.000 11. 7.00 4i 8.95 8.35 6.000 12. 6.70® 8.10 8.20 5.000 13. 6.59#' 7.SS _ 8.00 4,500 Porker prices at Union Stockyards today were ranging mostly 20 cents lower than Thursday’s best time. The bulk, 100 to 300 pounds, were selling at $6.50 to $7.90. Early top held at SB. Receipts were estimated at 4,500. Holdovers 1,310. Slaughter classes of steers little change, with all grades steady in the cattle market. Receipts were 400. Vealers were largely 50 cents higher, selling at sll down. Receipts 500. Sheep and lambs stationary, witn a good and choice grade of lambs selling at mostly $8 to $8.75. Receipts were 500. Chicago hog receipts 35.000. including 10,000 directs. Holdovers 6,000. Few early sales and bids around steady with Thursday's average. Good to choice hogs weighing 140 to 190 pounds, sold at $7.75, some held higher, while 250 to 280pound weights sold at $6.65 to $6.85. Cattle receipts, 15,000. Calves. 1,000, and steady. Sheep, 12,000 and steady. HOGS Receipt*. 4,509; market, lower. —Light Lights—-(l4o-160) Good and choice. ..$ 7.80 —Light Weights—-(l6o-1801) Good and choice... 800 (180-200) Good and choice... 7.90 —Medium Weights—-(2oo-320) Good and choice... 7.70@ 7.80 (220-250) Medium and g00d... 7.25® 7.55 —Heavy Weights—-(2so-350) Medium and choice.. 6.63® 6.50 (290-350) Good and choice... 6.30@ 6.50 —Packing Sows—-(27s-5001 Medium and gcod. 5.25® 8.00 (110-130) Slaughter pigs 7.60 @ 7.70 CATTLE (Slaughter Class* Receipts, 400; market, steady. Good and choice $ 8.50/fj)11.75 Common and Medium 5.00@ 8.50 (1,100-1,500) Good and choice ,[email protected] Medium 5.50® ii. 25 —Heifers—-(soo-850) Good and choice 7.50®10.00 Common and medium 4.00@ 7.90 Good and choice 4.75® 6.00 Low cutters and cutters 3.75® 4.75 —Bulls (yearlings excluded!— Good and choice beef 4.25® 5.23 Common and medium 3.00® 4.25 CALVES AND VEALERS Receipts. 500; market, higher. Good and choice $10.50® 11.00 Medium 7.50® 10.50 Cull end common 5.00® 7.70 —Calves—-(2so-300) Good and choice t 6.00® 9.00 Common and medium 3.50® 6.00 STOCKERS AND FEEDER STEERS Good and choice SS.OO®> 8.25 Common and medium 4.25® 6.00 *BOO-1,500) Good and choice 6.00® 8.23 Common and medium 4.50® 6.00 SHEEP AND LAMBS Receipts. 500; market, steady. Good and choice $8.50® 9.00 Common and medium 6.50® 8.60 —Ewes— Medium and choice 3.00® 4.50 Cul and common 1.50® 3.00 Other Livestock By Lnited Presi CHICAGO, Feb. 13.—Hogs—Receipts. 35.000, including 10,000 direct; slow, steady to 10c lower than Thursday’s average; top, $7.83; bulk, 140-200 lb. weights. $7.60® 7,83; 310-320 lb. weights, [email protected]; light lights, 140-160 lbs., good and choice $7.65 @7.85; light wegiht 160-200 lbs., good and choice, [email protected]; medium weights, 300250 lbs., good and choice, $6.73®7.75; heavy weights, 250-300 lbs., good and choice. [email protected]; packing sows 275-500 lbs., [email protected]; slaughter pigs, 100-130 lbs., good and choice, $6.75® 7.65. Cattle —Receipts. 1,500; calves. 1,000; fully steady market on low priced steers selling at $8.50 down to $7.; some slowness on better grades; nothing choice here; best around $9.50; other classes scarce and steady; light butcher heifers and heifer yearlings showing some strength; very dull trade on replacement cattle at s6® 7.25 mostly; slaughter cattle and vealers. steers 600-900 lbs., good and choice $8.50 ®11.75; SOO-1100 lbs., good and choice, $11.75; 1100-1300 lbs., good and choice, $8.75®11.75; 1300-1300 lbs., good and choice. [email protected]; 600-1300 lbs., common and medium, $5.50® 900; heifers, 550-850 lbs., good and choice $6.25® 10; common and medium. [email protected]; cows, good and choice, [email protected]; common and medium, [email protected]; low cutter and cutter, $2.75® 3.75; bulls and yearlings excluded, good and choice beef. $4.75@6; cutter to medium, [email protected]; \ealers, milk feci, good and choice $8.50@11; medium. $7®8.50; cull and common. so@7; stocker and feeder cattle; steers 500-1050 lbs., good and choice. $7 @8.50; common and medium. $4.75@7. Sheep—Receipts, 12.000: mostly steady; early bulk good and choice iambs, $8.50® 8.75 to packers; outsiders $8.50® 9.15; some held higher; fat native ewes. [email protected]: slaughter sheep and lambs. lambs food and choice [email protected]; medium. s7@B; 1-100 lbs. medium to choice, $6.75®9.15; all weights common. s6@7; ewes, 90-150 lbs., medium to choice. [email protected]; all weights, cull and common, $2®3.75; feeding lambs, feeding lambs, 50-75 lbs, good and choice, [email protected]. By United Prcts TOLEDO. Feb. 13.—Hogs—Receipts. 200: market 10@25c lower: heavies. [email protected]; mediums. [email protected]; Yorkers. [email protected]; pigs. $7.50®7.65. Cattle—receipts, light; market slow. Calves—Receipts, light; market. steady. Sheep—Receipts, light: market, lower. By United Pras , FT. WAYNE. Ind.. Feb. 13.—Hogs—Market, 20®25c lower: 100-140 lbs., $7.25; 140160 Ibse.. 87.60: 160-180 lbs.. $7.70: 180200 lbs.. $7.60: 200-210 lbs.. $7.50: 210-220 lbs.. $7.30; 220-230 lbs. $7.15; 230-240 lbs., $7.05; 240-260 lbs., $6.90: 360-280 lbs.. $6.70; 280-300 lbs.. $6.50: 300-350 lbs.. $6.30roughs, $5.23; stags. $4; calves, $10.50; lambs. SB. By United Press EAST BUFFALO. N. Y.. Feb. 13.—Hogs— Receipts. 2.800: holdovers. 1.000; market generally 2ac lower; weights below 200 lbs. active at decline; others slow; desirable 140-200 lb*, mostly $3.25; 220-240 lbs.. $7.40 @8 : 250-280 lbs.. $?7.25. Cattle—Receipts. 250; draggv: butchered cattle jOc lower; cows mostly 25c lower: common and medium heifers. [email protected]; cutter grades. $2.50@4, Calves.—Receipts, 800: vealers barely steady: good to choice. $11.50® 12; common and medium. *7® 10. Sheep—Receipts. 3.500: holdovers. 700: fat iambs, slow: generally. 40@50c lower; good to choice 92 lbs. down *9 to mostly. 59.10: few handyweights ,89.25; medium kinds and throwouts. $8®8.50. By Times Special .LOUISVILLE. Feb. 13.—Hogs—Receipts. oOO: market. 10@20c lower; 300 lbs. up. $6.95, 223-300 lbs.. $7.30; 160-225 lbs.. $7.90; 130-160 lbs.. $7.50; 130 lbs. down. $.>.90: roughs. .85.6 u: stags, $4.60. CattleReceipts 200; market, steady: prime heavy steers, if @8.75: heavy shipping steers. *6.50®7.50’ medium and plain steers. $3.50 @6.50; fat heifers. [email protected]; common to medium heifers. $45x5.30: good to choice cows, $4g5.; medium to good cows. $3.50 @4; cutters. s3® 3.50: banners. $25 2.75; bulls. [email protected]; feeders. $6.25@7: medium to good feeders. $5.23516.25; Stockers *4 @6. Calves—Receipts. 200: market, steady good to choice. $<.30419.50; mediums. $3 @6.50; common to medium. *3.505 4.50. Sheep—Receipts, 50; market, steady; ewe and wether lambs. $8.50; buck lambs, $7.50; seconds, $5.50 down: clipped sheen CSS 4. Thursday’* shipments: Cattle. 39; ’•lives, none; hoiri. 108; sheep, none. By United Press CLEVELAND. Feb. 13. —Hogs —Receipts. 1.100: hoido'-ers, none: mostly 15c lowerrough sows 25c off: top and season s low. 88.10 on 210 lbs. down: 220-250 largely S7.ao - 230-300 lbs.. *7.25 down: rough sows. 86.53: stags. *4.50. Cattle—Receipt*. 200; still raggy '.nd undependable at week's decline; but little inclination to reduce asking prices on any class; few steers. *6.75 4x7: bulk unsold: cows and bulls scarce. Calves—Receipts. 130: little change. Quality considered: desirable vealers upwards to sl3 ar.d $12.50: culls to medium. sß® 11. Sheep—Receipts. 800: weak to 10c. spots 25c under Thursday * active close: woo led lambs. $9 down: best ouoted $9.25: common to good. *76*8.10: sheep little change. By United Press . PITTSBURGH. Feb. 13.—Hogs—Receipts. 1.500; market alow. 10@23c lower: 120-200 lbs.. *[email protected]: 200-340 lbs.. $7.5038.15: 240-J4O lhe . $8.73?7.30: packing sows steady; good grade. S6@ 6.25. Cattle—Receipts. 10: market, nominal. Calves—Receipt*. 100 market, steady; good and choice vealers. $10@!2; medium grade down to *7.30. Sheep—Receipts. 1.500 market, opening around 3V lower; best haadywelgpt lambs around $9.50.

BELIEVE IT or NOT

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Dow-Jones Summary

LONDON—Bank o£ England made no change in its discount rate of 3 per cent. LONDON—British board of trade reports January imports into United Kingdom totaled 75.500,000 pounds against 89.629,000 pounds in December 2nd 101,853,00 pounds in January, 1930; exports we e 37,563,000 pounds against 38.458,000 pounds in December and 58,262.000 pounds in January. 1930. reexport amounted to 6,037.000 pounds against 5.244,000 pounds in December and 8,173,000 pounds in January, 1930. Yarn cloth exports amounted to 5,510.000 pounds against 4,991,000 pounds in December. LONDON—New York cables opened at 4.86 1-82; Paris checks. 123.05; Amsterdam. 12.105; Italy. 92.835: Berlin. 20.44. National fireproofing Corporation year ended Dec. 31. net income $852,102 after interest, depreciation, depletion, federal taxes, etc. Western Dairy Products Corporation 1930 net income estimated’ at 92 cents a class B share aganist sl.Bl a share earned in 1329. Western United Corporation arid subsidiaries 1930 net profit $3.73 a combined class A and B common share against $4.18 a combined share in-1929. First National Stores. Inc.. Quarter ended Dec. 27. net profit $15)80.973 after depreciation and federal taxes against sl.168.065 in December auarter of 1929. For nine months ended Dec. 27 net profit $3.332,582 against $3,620,324 like period 1929. Barcelona Traction Light and Power Cos declared a dividend of 50 cents on common, payable March 14. record Feb. 23; on Nov. 3, 1930, a similar payment was made. Pacific Gas and Electric and subsidiaries twelve months ended Sept. 30. including earnings of Great Western Power. San Joaqnin Light and Power and Midland Counties Public Service Corporation from date of acquisition on June 12, 1930. net income $3.17 a share on 4.283,739 average common shares outstanding during period and 5‘3.38 a share on 5,674,303 shares outstanding on Sept. 30, last. Southern California Edison 1930 net income $3.25 a share on 2.807,819 average common shares outstanding during year against $3.44 a share on 2,537,943 average shares in 1929. American News Cos.. Inc., declared extra dividend of 50 cents, payable Feb. 26. record Feb. 18, and bi-monthly dividend of 50 cents, payable March 14, record March 4. Pennsylvania Gas and Electric Corporation omitted quarterly dividend of 374 cents on class A stock due at this time. Buffalo, Rochester ft Pittsburgh Railway . 1930 net income 5 cents a common share against $6.18 a share in 1929. I. C. C. places valuation on Boston ft Maine as of June 30, 1914. of $230,894 738: Maine Central valued at $40,861,062 as of June 30. 1916: Western Maryland valued at $72,019,111 as of June 30, 1819. Yellow Truck and Coach Manufacturing and subsidiaries 1930 net profit 3 cents a class B and common share against 42 cents a combined class B and common share in 1929. Bank of England statement’ as of Feb. 12 shows circulation *347,245,000 pounds against 349.486 000 on Feb. 5. Ratio 51.3 per cent against 48.6 per cent and bullion 141.247.000 pounds against 141,040,000 pounds. Bank of France statement as of Feb. 6 shows eold 55.632.000,000 francs against 55.510,000.000 oar Jan. 30: circulation 77.772.000.000 against 78.558,000.000: ratio 54.43 per cent against 53.34 per cent. Pennsylvania Gas and Electric Corporation and subsidiaries year ended Dec. 31. profit $738,744 after taxes, interest, subsidiaries dividends, etc., but before depreciation. against $663,994 in 1929. U. S. Envelope Company year ended Dee. 31 net income $156,482 after interest. depreciation and taxes eqoal after preferred dividend* to 56.72 a share on 26.25 shares common against $29.92 a share in 1929. Cleveland Electric Illuminating Company 1930 net profit *2.79 a share on 2.554.470 common shares against $3.24 a share on 1.702.980 shares in 1929.

Ne*v York Bank Stocks

By Thomssn ft McKinnon) —Feb. 13Bid. Ask. America 64 67 Bankers 119 121 . Brooklyn Trust 525 535 Central Hanover 253 261 Chase. Chatham Phoenix Natl 79 82 Chemical 49% 51% City National 100 103 Corn Exchange 1234 12*4 Commercial 305 315 Continental 20% 23% Empire 584 61 4 First National 4,010 4.210 Guaranty 514 519 Irving 37% 394 Manhattan & Cos *9 92 Manufacturers 444 46% New York Trust I*9 174 Public 55% 58%

local Wagon Wheat

Citv erun elevator* are oavip* asr for Nm 1 red wheat and 67r for* No I hard i>e eat.

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

Following is the explanation of Ripley’s “Believe It or Not,” which appeared in Friday’s Times: A Private Refused to Bea General—Theophile Malo Correct de la Tour d’Auvergne (1743-1780), whose memory France venerates as the “Premier Grenadier de la Republique,” enlisted as a private at the age of 40. For eighteen years he led an army of 8,000 grenadiers from victory to victory, consistenly refusing the rank .of general tendered him by successive heads of the French government After his death at the battle of Neuberg in 1800, his heart was embalmed and carried before his army corps for fourteen years. His name was retained on the roll of his company. The mental stature of this great soldier was gigantic withal. He was the master of forty-four languages and the author of many books on linguistics. The numerous wars, of which he was a veteran, include our own Revolutionary war. Two Gravestones for Mat Laxton—Matthew Laxton, who died more than 100 years ago, was buried in the parish churchyard at Pinchbeck, near Spaulding, England. His relatives were divided in two groups over the choice of ground for his burial, and to settle the dispute a tombstone was erected on each spot. The story'is told in an English trade periodical. The Undertaker’s Journal, and was reprinted in the American Embalmers’ Monthly. Monday: The world’s greatest cyclist record.

In the Stock Market

(Bv Thomson ft McKinnon) NEW YORK. Feb. 13.—While there was less steam on, stock prices nevertheless maintained a strong undertone. In the case of the oil and copper stocks, strength was pronounced with prices exceeding high of Wednesday. Reflection ot’er the holiday apparently in no way weakened the genera! confidence in security values. Os course, this feeling doubtless was strengthened when it became known that an agreement finally had been reached on the bonus plan, which required issuing no bonds. Business promised to be more directly affected when it was learned later in the day that there was a good chance of congress placing an embargo on the importation of crude oil and refined products, pending tariff legislation. Relief in this direction would remove one of the most difficult economic problems this counrty has had to confront with in a long time. Otherwise, developments bearing on the market were somewhat conflicting. The effect of the possibility of another advance in copper metal, on top of the successive advances the first of the week, was counteracted by a break in whqat and a lower price in silver. It would seem natural and desirable that the market should take some time to consolidate its recently acquired gain. Excessive enthusiasm is not desirable. Moving carefully and moderately, the market, it seems, is likely to contribute more to business confidence. Keeping some buying power in reserve, available for the periodical reactions which are bound to occur, should prove not only strategic, but profitable. RAW SUGAR PRICES -Feb. 13— Hiyh. Low. Close. January 1.59 1.53 1.58 March 1 24 1.20 1.22 May 1.34 1.30 1.32 July 1.42 1.39 1.4! September 1.49 1.47 1.48 December 1.57 1.56 1.56 Deaths Fred F. Leopard, 48. Central Indiana Christian hospital, anemia. Florence Mav Groter. 66. 539 North Oxford. broncho Dneumonia. Robert B. Smith. 11 mo.. 1455 South Ear., broncho tmaumonia. Florence Grier, 38. St. Vincent’s hosnital. cerebral embolus William S. Fanner. 92. 1007 English, broncho Dneumonia. Anderson Terrell. *7. 851 West Michigan, mitral stenosis. Will Rutiedee. 48. 825 Athon. influenza John C. Allison. 65. 826 Broadway, angina nectoris Cant Phennessee. 48. 1346 North Senate, acute dilatation of heart. Augusta c. Rumig. 58. 1020 Bellefontaine. uremia Oscar S. Lower. 43. Methodist hosoitsi, acute myocarditis.

i; Regliterert O. K JL® y latent Office RIPLEY

In the Cotton Markets

(Bv Thomson ft McKinnon) NEW YORK, Feb. 13.—The cotton market opened with a loss of 4 or 5 points, but the trade quickly regained confidence. Before the morning was over, new high prices for the advance were scored and May contracts reached 11.25. Sloan of the Textile institute reported to President Hoover that textile conditions show definite signs of improvement. Dry goods centers report better business. The belief was expressed some time ago that a change was due in the character of cotton news, now seems established in fact. Mill troubles in England have been adjusted in some, if not all. localities. We still note a large share of the buying being done by foreign spinners. Beneficial rains have occurred in heavy producing sections of the south. Great confidence in the market is expressed by local traders, especially those who use chart records for guidance. Buying by spinners decreased a little in the afternoon, but the tone was fairly steady. At 1:30 p. m. May contracts were selling at 10.16. NEW ORLEANS —Feb. 13— . * High. Low Close. January n.96 11.96 11.96 March 10.92 10.85 10.94 Mav 11.25 11.11 11.12 July 11.45 11.35 11.45 October 11.75 11,63 11.70 December 11.90 11.82 11.88 NEW TORK High. Low. Close. January 12.04 11.92 12.00 March 10.97 10.85 10.90 Mav 11.25 11.11 11.18 July 11.48 11.37 11.43 October '1.77 11.65 11.69 December 11.C4 11.83 11.90 CHICAGO High. Low. Close. March n.02 10.91 10.99 May 11.33 11.20 11.31 July 11.56 11.44 u. 53 October 11.83 11.73 11.93 Other Livestock By United Press 1 EAST ST. LOUIS. 111.. Feb. 13.—Hogs— Receipts. 11,500: market, slow, steady to 10c lower: top. $8: bulk. 140-200 lbs.. $7.75 ® 7.90: 220-230 lbs. *7.2545 7.60; 250-360 lbs. *6.90®i7; 100-130 lbs.. $745 7.60; sows. $5.60 @5.85. Cattle—Receipts. 700; calves, receipts. 400: market, not enough steers on sale to make a market; mixed yearlings, heifers and cows about steady in slowtrade: bulls scarce, mostly of common description: vealers 50c lower at $10.75. Sheep—Receipts. 1.000; market, no 6alec packers talking lower: generally asking steady for lambs at $8 or above. By United Press CINCINNATI, 0.. Feb. 13.—Hogs, 1.800; holdovers 407: slow. 160-225 lbs., mostly 10c lower at [email protected]; largely $8.15 on 210 lbs. down: about four deck* of prime 190 lb. averages. *8.25: heavier weights largely 25c lower; 225-240 lbs. Quotable $7.5045 8; 250-300 lbs $6.75®7.23: heavier weights down to *6.50; 120-150 lbs., steady at $7.75 @8; sows. 25c lower: bulk. $5.50. CattleReceipts 300: calves. 275: about .teady; some bids lower on steers: somewhat better action on in-between grade light yearlings; odd lots lower grade steers and heifers. $3,504)7.50; more desirable kind, $7.7545 8.50; most beef cows. *4.50®5: lowcutters and cutters *[email protected]: bulls mostly s4®s: sealers active, steady: good to choice [email protected]; lower grades $9 down. Sheep—Receipts. 75: lambs steady to weak: better grade handy weight auotable $93 9.50: common and medium $6.50 @8; sheep, steady; fat ewes. $2.50®3.50 Marriage Licenses George C. Jones. 24. of 1030 Roache machinist. and Tripheue C. Cooper. 20, of Plaza. Frank W. Greenwell. 23. of 1430 Orange, clerk, and Anna M. Jonta. 23. of 3021 West Tenth, clerk i(ot R. Maisbenv. 31. of 2011 Park, clerk, and Eva J Compton. 21. of 643 Eas Nineteenth, stenographer. August F. Kook 23. of R. R. 6, Box 384. pharmacist, and Marguerite A. Bowers. 22. of 4427 Winthroo. John C. Erwin. 30. of 2024 North Capi’ol, laborer, and Ruth Dickerson. 23, of 221 West Twelfth. Births Girls Elba and Fiona Castor. 6124 Haverford. Edwin and Helen Holderith. 255 Caven. Clarence and Lucille Bristow, Hanna and B'.’.tfl road. Bot* Thomas and Violet Bauerle. 2304 Union. Virgil and RutW Blndhainer. 1403 Ringgold. John and Edna. Basev. 3715 Prospect. Alexander and Ada Anderson. 717 East Michigan.

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS New \ erk Stock Exchange Chicago Stock Exchange New Tork Cotton Exchange Chicago Board of Trad* Now Tork Carb Association Rooms 200-214 Circle Tower Telephone Lincoln 5501

PAGE 11

GRAIN FUTURES DOWN SHARPLY IN QUIET TRADE Weakness in Foreign News Sends Wheat Market Off at Close. By l ntted Press CHICAGO. Feb. 13—Grain* closed sharply lower on the Board cf Trade today, though at a moderate recovery from the inside figure?. General selling was on in wheat due to the extreme weakness in foreign markets over the holiday. Price fluctuations were rapid, but the tone was heavy and the average well under Wednesday’s close. Selling of corn on the weakness in wheat dropped that market back to around 4 cents under Tuesday’s high time. Buying against bids and some short covering served to check the declines in both grains., Oats were lower in a sympathetic' movement. Liverpool Weak At the close old wheat was ’. to \ cent lower, new wheat was 14 cent lower, corn was 14 to I s * cent lower and oats were 4 to 1 cent lower. Provisions resisted pressure stubbornly and closed steady. Liverpool again was weak and closed 1 to 14 cents lower. Winnipeg had a fair recovery and at midsession was 4 to 4 cent higher after opening lower. Buenos Aires was off 4 to 4 cent at mid-day. The overnight rain was confined mostly to the eastern part of the belt while temperatures were lower. Cash prices were unchanged. Receipts were 224 cars. Cash Prices Lower Corn was sold heavily at the start on the weakness in wheat. Receipts were very large, as expected. Ther* was only a moderate rally from tha inside figures during the morning and prices stood 14 to 14 cents lower shortly before noon. The forecast was for colder weather. Cash prices were 1 to 2 cents lower. Receipts were 355 cars. Oats declined 4 cent at the start in sympathy with the major grains and held steady at the decline during the morning. Trade was quiet and the market featureless. Cash prices were unchanged to 1 cent lower. Receipts were 36 cars. Chicago Grain Table -Feb. 13WHEAT— Prev. Onen. High. Low. Close, close. Mar. (oldi. .79’; .79 3 * .79’. .79‘. .7 3 , New. ,79 J * ,79 s . ,79 s * .79 s * ,79 7 . May (oldi. .82M. .82 3 * .82’* .83 s , .83 • New. .83% .84 .83'* .83 s * .84 July .87’% .68 .67”* .684 .70 Sept 674 .684 .67 s * .68% .69 s * CORN— Mar. (oldi. .64 .64% .634 .634 .63 New. .64’* .64*, .63% .63 7 .65 % M*v <oldl. .68% .66% .65 s , .65% .67% Nev/. .67 .67% .664 .664 .68% July 67 .673$ .66% .67 .884 Sept. .... .66% .67 V .66*8 .66% ,68 s * OATS— Mar. (oldi. .33 .33% .33 .33 .33% May ioldi. .33 4 .33 s , .33% .33% .34 New. .33% .33% .334 .334 .34% July 33 .33 .32% .32% .33% RYE— Mar. (old). .38% .39 .38% .38% .394 May (old). .41 .41 .40% .404 .41% New. .41% .41*, .41 Va .414 .42% July 41% .414 .41% .41% .42 LARD— Feb ... 8.10 8.12 March ... 8.10 8.12 8.10 8.12 8.13 May 8,20 8.32 8.20 8.25 8.22 July 8.35 8.45 8.35 8.42 8.37 Sept 8.60 8 60 BELLIES— May 10.65 10.70 July 10.75 10.85

Cash Grain

Wheat—Easy; No. 1 red. 70071 c; No. 1 red. 69070 c; No. 2 hard. 69@<76c. CornWeak; No. Z white. 57059 c; No. 4 whit#, 550.57 c: No. 3 yellow’, 550 56',':c: No. 4 yellow. No. 3 mixed. 52054 c; No. 4 mixed. 5102 c. Oats—Weak: No. 2 white. 29 y a 030Vic; No. 3 white, 28’i@33>':e. Hay —Unchanged. By Times Special CHICAGO. Feb. 13. Carlots Wheat, *4; corn. 133; oats, 21. By Times Special CHICAGO. Feb. 13.—Primary receipts: Wheat, 2,056.000 against 603.000; corn. 1.301,000 against 1,314,000; oats, 481.000 against 313,000. Shipments; Wheat. 808.000 against 426.000; corn, 591.000 against 600,000; oats, 555.000 against 363,000. By United Press CHICAGO. Feb. 13.—Cash grain close; Wheat—No. 2 red. 79’.-c; No. 1 hard. 79',080c: No. 2, 79’i 080 c. Corn—No. 3 mixed, 63c: No. 3. 6l''o 62c: No. 6Oo6O’<c; No. 5. 58 0 59c: No. 2 yellow. 64’0 65c; No. 3.61063 c: No. 4 . 60 0 61c; 58'4®68’e: No. 3 white. 64065 c; No. 4 62Vi@63'r; No. 5. 59’ 4 061 Vac. Oats—No. 2 “white, 33033 Vc: No. 3. 31 = io32'ic. Rye—Non-. Barley—4lo6lc. Timothy—sß.7so9. Clover —513.75021.50. By United Press TOLEDO, 0.. Feb. 13.—Wheat—No 3 red ; 82083 c. Corn—No. 2 yellow, 69>i0 70'ac. Oats—No. 2 white. 36 , /*®37 l, ! c. Rye—No. 2. 63c. Clover—Domestic prime old $14.50: prime new, sls; prime choice new, *15.35: prime choice old, *l4.gore* 5 - 515: March. 515.35. Al3yke—Cash) $13.90: Marcn. sl4. Butter—Fancy creamery. 30 0 31c. Eggs—Country run. 16018 c. Hay—Timothy. sf,6o cwt. FARM DEBT REDUCED By Tunes Special WASHINGTON, Feb. 13. Farmers of Kentucky, Indiana, Ohio and Tennessee have paid 11*3 / Federal Land Bank of Louisville v nearly $12,000,000 on the principal of their loans since the bank was started in 1916, according to the statement in the Dec. 31. 1930, quarterly report of the federal farm loan board made public here today. This leaves its loans outstanding in these states amounting to $121,664,458. Due to the drought, the bank statement, naturally, shows more delinquency in the payment of instalments on loans than it normally does, but out of a total delinquency of $355,050, the bank has set up reserves amounting to $213,971. Further its statement shows a reserve for foreclosed farms amounting to $781,304 which completely charges off such real estate as an item of value. In addition to these special reserves, the board's report shows legal reserves of $6,679,200 and other reserves-of $1,480,000 and undivided profits of $1,310,011. NEW TORK COFFEE RANGE —Feb. 19— High. Ui w. Cioae. March 5.45 5.32 5.42 May 5.55 5.45 5.52 •July 5 49 5.41 5.48 September 5.45 5.37 5.44 December 5.44 5.37 5 40