Indianapolis Times, Volume 42, Number 244, Indianapolis, Marion County, 19 February 1931 — Page 14

PAGE 14

FOREIGN NEWS FORCES WHEAT FUTURES OOWN Early Pressure Sends Corn Market Lower: Oats Hold Firm. Bp United Press CHICAGO, Feb. 19. Deferred deliveries of wheat opened fractionally lower on the Board of Trade today In sympathy with the weakness at Liverpool. The foreign market was dull and easy owing to disinclination to buy. but the decline was checked by heavy rains in Argentina and reports that Italy Vvould need more wheat than previously estimated. Corn was under some pressure at the start and sagged, having some effect on the wheat trade. Oats held firm. At the opening old wheat was unchanged to ’s cent lower, new wheat was unchanged to % cent lower, corn was li to % cent down and oats were unchanged to ’ . cent higher. Provisions were steady. Foreign Markets Dull Liverpool w as lower than expected today being off :i s to % cent at mid-afternoon. A better exchange rate was partly responsible for a % cent advance at Buenos Aires during the morning. The belief of the trade is that new incentives are needed in wheat and until they develope price changes will be erratic and without a definite trend. Action is dominated by the farm board and the effect has spread into the other pits. The slow advance at Winnipeg, while strengthening for Chicago, is eliminating export business as foreigners will not follow- advances. Weather reports are being scanned for news of a possible cold wave. Shipping Sales Larger The supporting influences in com are the belief that the shipping sales are larger than are being reported and the fact that a grain embargo bill is being considered by congress. The price of hogs Wednesday was the lowest in seven years and the 10 to 1 ratio between hogs and corn seems to indicate that no great margin of profit is found in feeding, so more grain will likely be released for marketing. Shipping of cash oats goes on in good volume, 133,000 bushel being taken Wednesday with a favorable effect on the cash and futures*. Argentine oats sold at 16 M cent a bushel today, for March delivery. Chicago Grain Table —Feb. 19WHEAT—(OId) „ ~ Pf.ew High. Low. 11:00 Close. March .... 79 Vi .7914 mSv ::::::::: .% .82>i .2* July 68% .6<J>4 .68% .68% gept 68 U -68 .6814 .681* CORN—(OId) March 62% .62 .62 .6214 Mav ......... .64*4 .6414 .6414 .64% July ...... .66* .66 Vs .66*4 .66% Sept. fi6 6518 66 66 OATS—(OId) M*rch ...... ■ *32's .321fi May ........... .33% .33% .33*4 .33% jOIV 32% .32% .33% .32:4 Sept ... 32% .3214 RYE— (Old) March 3914 .39*4 Mav 41*a 41% .41% .41% July 415/8 LARD—(OId) \f ft rch . ~,* ••••• 8-00 7.92 %?:{{{{{{{::■ “ *8 Bp lime* Special CHICAGO, Feb. 19.—Carlots: Wheat, 15: corn. 104: oats. 24.

Local Wagon Wheat

Citv grain elevators are oaying 67c for No. I red wheat and 67c for No. 1 hard wheat.

New York Curb Market

—Feb. 1911:30 11:30. Am Com Pwr... 16% Mo Kan Pipe .. 6% Am Os & El ... 79*., Mt, Prod 5% Ark Gas 6*. National Inv .. 5% Braztl P & L . . 26% Nemont Min .. 55% Cities Serv 19% Nia Hud Pwr... 12 Cord n% Noranda 17% Durant Mot l%Penroad 7% Elec Bond Sh .. 51% Prince & Whtly 1% Ford of Can ... 26% Sel Indus 4% Ford of Eng ... 18% Std of Ind 34% Ford of Fr Ky Goldman Sachs. 7% Un Gas )newi .. 10% Gulf Oil 69% Un Lt ft Pwr .. 29 Hudson Bay ... |%iUn Verde 9 * Insutl Ut 45% Ut In Ind 7% Tnt Pete 14%;Ut Pwr 12% Midwest Ut .... New York Liberty Bonds —Feb. 18— ~ . 101.18 ? s £ 4 ,;’ s 7.7.. . .... 7. 102.23 Treasury Ws 7.7.7 }£•§ Treasury 3%s *05.8 Treasury 3-Vs of 47 Treasury 3%s of 43 101 3d Other Livestock By United Press TOIJEDO. Feh. 19.—Hoas- Receipts. 300: market 5 to 15c lower: heavies S6uti.so; mediums. SH.SO®7: yorkers. *7.35®,.40; plus. *7(07.25. Cattle— Receipts ltuht; market slow, steady. Calves— Receipts, light: market steady. Sheep—Receipts, light; market steady. By United Press CINCINNATI. 0.. Feb. 19.—Hogs—Receipts 1.000; holdovers. 370; slow, steady to 5c lower: butter grade. 160-210 lbs., 47.75®7.85. some 200-230 lbs, $7.50®7.65: "•tO-TeO lbs.. $7©7.25; 280-300 lbs., *6.50® 6 75- 120-150 lbs.. *[email protected]; strong weights at outside price; sows steady; bulk *5.25: smooth light weights up to 45 50. Cattle—Receipts, 275: calves, 125: slow. Indifferent trade, about steady; fewlower and in between grade steers and heifers. *6®B; most bee! cows. $4.2505; low cutters and cutters. *2.75@4: bulls. *5.25 down; best vealers. 50c lower; good and choice largely *9.50® 10; lower grades 49 down. Sheeav-Receipts. 75; steady on all classes; better grade handyweight lambs quotable. [email protected]: common and medium, 56.50@8; fat ewes. *2.50(fJ3.50. By United Press FT WAYNE. Ind.. Feb. 19.—Hogs—Market steady to 25c lower; 100-140 lbs., 46.60: 140-160 lbs., *7; 160-180 lbs.. *7.35; 180-300 lbs.. *7.25; 200-210 lbs., *7.10; 210720 ibs.. *7: 220-230 lbs.. *6.80; 230-240 lbs.. *6.65; 340-260 lbs.. *6.50; 260-280 lbs., 46.40: 280-300 lbs.. *6.30; 300-350 !bs.. 86: roughs. *5.25: stags. *4; calves. *10; lambs. SB. Building Permits Ralph Nogleson .remodel and reroof. 2130 Ashiand. *SOO. Nicholas Volt*, dwelling and garage. 2629 Napoleon. *5.500. Frank Gates ft Son. dwelling and garage, *741 School. *3.100. Laura Haverkamp, excavate basement. 401 Lincoln. *6OO J. H. Miller, dwelling and garage. 4701-3 Kenwood. *6.500. NEW YORK COFTEE RANGE —Feb. 18High. Low. Close. January 5.47 5.47 5.47 March .. 5.40 5 36 5.39 Mav 5.50 5.45 5.45 July 5.50 5.45 5.45 September 5.47 5.40 5.40 December 5 49 5.39 5.39 RAW SUGAR TRICES —Feb. 18— High. Low. Close. January 1.57 1.55 1.57 March 1.20 1.17 1.20 Mav 1.30 1 38 1.30 Julv 1.39 1.37 1.38 September 1.46 1.44 1.46 December 1.53 1.13 1.53 * Two Held on Theft Charges Forest Strothers and Harold Green, 636 Arch street, following holdup of the Haag pharmacy, Six-ty-third and Bellefontalne streets, Feb. 6, were bound to the county grand Jury today under $2,000 bond each on vehicle taking charges,

New York Stocks ——“—— iB? Thoosou ft McKinnon' —————

—Feb. 19 Railroads — p rev High Low 11.30 CtoM AU Coast Line • ••• Sll'A % gft Chert Coro Chi on west.... .... 7,. Chi N West 43 42% 42 4 43 ffi* V::::::::: m j} *i 88 g* Ouf Mob & Oil •;;; ‘2 Illinois Central 483 * .XLtkW* i* N°V P Central. ..128*4 136% NY NH A: H |)% 83% 87-4 8. >4 Nor Pacific ... 58 . B.'i &8 58 Norfolk ft West Pennsylvania 4 iS a pScmc :.l63‘A 107% 107%* ion! Southern Rv St Paul •• -L, 4 ,4,* St Paul pfd ... r - • • 73 8t L & 8 F J? 4 Union Pacific . . ' ••• 20 1 2 0j l3 W Maryland 17 * 17 ■* Eauipment*— ~ Am Car ft Fdy Os, 8 Am Locomotive. .. •• 2a a 2o 2 Am steel Fd ... 28% 28% 28% 28 Gen Am Tank 68 .1 68 68% 68 2 General Elec .. 50*4 49 49 4 49 a Oen Rv Signal • , _• Lima Loco 30 2a 8 N Y Air Brake. ... ■ 2^r* Press Btl Car 7% 6 6% 5% Pullman o3 52% 53 02, Westingh Ar B. . ••• -i,, “i 3 8 Westingh Elec . 98 s 9<% 98 4 96 4 Rubber*— , Firestone Goodrich .. 17% 17% 17 % Goodyear 46% 45% 46 s 45 ,b Kelly Sprgfid 7% U S Rubber 14% 14% 14% 14% Auburn 193% 189 191 1 5? Chrysler 21% 20% 21 21% Gardner , % 8 Graham Paige.. ... • • 4% *' Geenral Motors. 42% 41 7 /* 42 41 ,4 Hudson 21% 21 21 21 Hupp 12 11% 11% 11% Mack 41% 41 41 41 Nash 34% 34 34% 34 4 Packard . . 10% 10% 10 ‘.2 10* 2 Pierce-Arrow ■ 2d Reo . 9 8% 8% 9 Studebaker 24*4 23% 23% 23 Yellow Truck . . 12% 12% 12% 12% Motor Access— Bendix Aviation 23% 23% 23% -3 Borg Warner . 30*4 29*4 29% 29% Briggs 21*4 20% 21 20% Budd Wheel ... 11% 10% 11% U Campbell Wy... 14% 14% 142* 14 4 Eaton 18% 18% lff% 17V. El Storage B , 59 Hayes Body .... 4% 4% 4% 4% Houda 6% 6% Motor Wheel . .19% 19 19% 18% Sparks-W 11*4 11% 11% 11% Stewart Warner 18% 13% 13% 18 Timkln Roll ... 55% 55% 55% 54 Mining— Am Metals 20*/2 20*4 20*4 20 Am Smelt 52*2 51% 52 50% Am Zinc 6 5% _5% ... Anaconda Cop.. 39*4 39 39*/a 38% Cal & Hecla ... 10% 9% 9% 9% Cal ft Ariz ~ 39 C.erro de Pasco.. 28 27% 27*4 26*4 Dome Mines 4 .. .. ... 10% 10% Freeport Texas. 38% 38 38'% 38 Granby Corp ... 20 19 19% 18% Great Nor Ore 21*/ 4 Howe Sound . 28% 25*4 26% 25 Int Nickel 17% 17% 17*4 16% Inspiration .... 10% 10 10% 9% Kennecott Cop., 29V4 28*4 28% 27% Magma Cop .... 26*4 24% 26*4 ... Miami Copper .. 9% 9*4 9% 9*4 Nev Cons 19% 12% 13 12*4 Texas Gul Sul.. 52% 52 52*4 51% C S Smelt 20*4 2014 Oils — Amerada 19*4 Am Republic 9*4 Atl Refining .... 21% 21% 21% 2114 Barnsdall 12% 12% Houston 11*4 11*4 Indian Refining 4 Mex Sbd 17 16% 17 16% Mid Conti 15 Phillips 13% 13% 13% 1314 Pr OU ft Gas 15*4 15*4 Richfield 5 5 Royal Dutch • 40% Shell Un 9*4 Sinclair 12 V 2 12% 12*4 • 12% Skelly 9*4 Stand of Ca! 49% 49 Stand of N J... 49 48% Stand of N Y 25*4 25 Texas Cos 34 33% 33% 33*4 Union Oil 24% 24*4 Steels— Am Roll Mills .. 34% 34 34% 33*4 Bethlehem 61% 62*4 61% 60% Byers A M .... 62*4 60 61*4 59% Colo Fuel .... 30 7 4 29% 30% 28% Inland 65 64% Ludlum 18 17 17 16% Midland 26% 26*4 26% 25% Young S & W 24*4 Newton 17% Rep I & S 22*4 21% 22 21% U S Steel 146% 145% 146 145% Vanadium 71% 69% 70% 68 Tobacco— Am Sumatra 8% Am T B (new).ll7 116% 117 117% Con Cigars 32% 31% Gen Cigar 45 44*4 45 44% Lig ft Myers B 88% 87% Lorillard 17 16*4 16% 16*4 Reynolds Tob . 46 45% 45% 45*4 Tob Pr B ... 3 United Cig 5*4 5 Utilities— Abitlbi 11*4 10% 11 19% Adams Exp 21% 21% 21% 21% Am For Pwr 41*4 40% 40% 40% Am Pwr ft Li. 54*1 53 AT&T 184% 193% 194% 193 Col Gas & E 1... 40 39% 39% 39% Com & Sou 10 9% 9% 10 El Pwr &Li 53% 52% 53 33*4 Gen Gas A 8% 7% B*4 7% Inti T & T 32*4 31*2 32 31 Natl Pwr & Li.. 41% 40% 40% 40% No Amer Cos 83*2 82% 83 82% Pac Gas & E 1... 86 85 85 47% Pub Ser N J 85 So Cal Edison ... ... 51% Std G & El 72 United Corn ... 23% 23% 23% 23*4 Ut Pwr ft L A.. 28 27% 27% 28 West Union 142 Shipping— Am Inti Corp... 22 21% 21% 21% United Fruti ... 61% 61% 61% 6H2 Foods— Armour A 3Va 3*4 Cal Pkg ... ... 50*4 Can Dry 35% 35 % 35 Childs Cos 32*2 32% 32* 2 32*4 Coca Cola 163’a 162 Cont Baking A.. 27% 27% 27% 27% Corn Prod 86 85% 86 86 Corn Wheat 29% 29 29 29% Cudahv Pkg 44 * 2 Gen Foods 55 54% 54% 54 Grand Union 15 Hersey 93*4 Jewel Tea 54% 53 Kroger 27 26% 26% 26% Nat Biscuit 82 81% 82 81 Pillsburv 30% Safeway St 60% 59% 59% 58% Std Brands 19% 19Vi 19% 19 Ward Bkg 19% 19% 19% 19 Ward Bkg 6 Drugs— Cony Inc 13% 13 13% 13% Lambert Cos 82% 82% 82% 82% Lehn & Fink 31% Industrials— Am Radiator ... 18% 18% 18% 18% Bush Term 30% Certainteed 4% 4% Gen AsDhalt 45 44 44 42*4 Lehigh Port 17% Otis Elev 53% 53*8 53% 53*4 Indus Chems— Allied Client ...166 165 165% 164 Com Solv 20 19% 19% 19% Union Carb 65% 64% 65 63 U S Ind Alco 68 67% 67% 65*4 Retul Stores— Assoc Dry Gds.. 27% 26% 27*4 26% Gimbel Bros ... 7% 7% 7% 7% Kresge S S 37 27 Mav D Store 34*4 Mont Ward .... 24 23% 23% 23%

Produce Markets

Eggs (country runt—Loss off delivered In Indianapolis, lie: henery quality No. 1. 14c: No. 2. 10c. Poutrv (buying prices)—Hens. weighing 5 lbs. or over. 17c: under S lbs.. 16c; Lee horn hens. 11c: capons. 7% lbs. up. 28c: 6VJ-7V4 lbs.. 24c: under 6Vi lbs.. 20c: springers. 5 lbs. or over. 17c: or under 5 lbs., 17c: ducks, springers, lie: old cocks. 9®llc: ducks. lull feather fat white 9c; geese. Bc. These prices are for No. 1 top aualitv auoted by Kingan & Cos. Butter (wholesale) No. 1. 31®32c: No. 2. 280 29c. Butterfat—2sc. Cheeso (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. 19.—Potatoes—Market, weak; Long Island, $1.75®3.75: southern, crate. *I7SO? 1.75: Maine. $3.7503.35: Idaho. 40c®52.50; Bermuda $6.50®9: Canada, 60c®3.60. Sweet potatoes—Market, steady; Jersey, baskets. 65c®53.60; southern. baskets. [email protected]. Flour—Market, dull, but steady: spring patents, $4.50 0 4.80. Pork—Market steady; mess $26.50. Lard—Market, easier: mlddlewest spot. 8 1 <g'8Vac. Tallow—Market, easier, special to extra, 3V4®3.%. Dressed poultry— Market, irregular: turkeys. 31@43c; chickens 20®39c; broilers, 30®50c; capons. 26 0 46c: ducks, 15®22c; Long Island ducks.’ 23024 c Live poultry—Market, steady to .firm: geese, 13® 19c: ducks, 15® 28c: fowls, 23026 c; turkeys. 30@40c: roosters. 15® 17c; chickens. 20®28c; capons. 21®40e; broilers, 32043 c. Cheese—Market dull: state whole milk, fancy to special, 17Vi® 22Vic; young America, 17®20c. By United Press CHIQAOO. Feb. 19.—Eggs—Market firm; receipts. 14.854 cases: extra firsts. 17e: firsts. 15Vi®16c: ordinaries. 14®15c; seconds, 13c. Butter—Market firm: receipts, 4.417 tubs: extras. 28c: extra firsts, 27® 27*ic: firsts. 25Vi026c: seconds. 24®24tic: standards. 28c Poultry—Market steady to weak: receipts—3 cars: fowls. 19@31V4c: springers. 26c; leghorns. 18c: ducks. 23c:' geese. 14c: turkeys. 25c: roosters, 15Vic. Cheese—Twins. 14®14>4c: Young Americas. 16\i®16 ! ic. Potatoes—On track. 277: arrivals, 120; shipments. 785: market steady; Wisconsin sacked round whites. $1.30® 1.35: Idaho russets, $1.5501.65: McClures, branded, mostly $1.7501.80. By United Press CLEVELAND. Feb. 19.—Butter—Extras. 38c: standards. 28c. Eggs—Extras. 17Vic; firsts. 16c. Poultry—Heavy fowls, 22c; medium. 23c: leghorn fowls. 17018 c: heavy broilers. 31® 23c: leghorn broilers, 15c: ducks. 25c: old cocks, 13c; geese. 1518 c; stags. 20c: capons No. 1. 20033 c. Potatoes—Mains Green Mountain, mostly $2.35 g’aiSoVif

Penny J C 38 37% 37% 37% Bchulte Ret St 5% 5% Sears Roe 57 56 % 56% 56 Woolworth 63 62% 63% 62% Amusements— Col Oraph 11% 11 11 10% Eastman Kod 170 167% Fox Film A .... 37% 36% 36% 36% Grigsby Gru 4% 4 4% 4% Loews Inc 63 61% 63% 60% Param Fam 48% 48% 48% 48% Radio Corp .... 13% 18% 18% 18V* R-K-O 21% 21% 21% 21% Schubert ... 6% 6% Warner Bros ... 19% 19 19% 19 Miscellaneous— Airway App 9% 9 9% 8% City Ice &Fu .. 36% 36% 36% 36% Congoleum 11*4 11 u 11 Am Can 120% 119% 120*4 118% £ on . t , Ca £ 573 ' 4 57 57V, 56% Curtiss Wr 4% 4% 4% 4% Gillette 5R.... 33% 31% 31% 31 % Real Silk 20 28 28 29 Un Aircraft 33 V* 32% 32% 32% Int Harv 57% 56% 56% 56

The City in Brief

FRIDAY EVENTS Optimist Club. luncheon. Clay pool. Altrusa Club, luncheon, Columbia Club. Knights of Columbus, luncheon, SpinkArms. Phi Delta Theta, luncheon. Chamber of Commerce. Master Painters’ Association, luncheon. ' Antlers. First Ward Republican Club, meeting. Clark's hall. 8 p. m. Indianapolis Round Table, luncheon, Lincoln. Delta Tau Delta, luncheon, Columbia Club. Delta Chi. luncheon, Spink-Arms. Exchange Club, luncheon. Lincoln. Reserve Officers’ Association, luncheon. Board of Trade. United States Naval Academy Graduates. luncheon. Columbia Club. Fathers of the Parent Teachers Association of School 2 had charge of the meeting Wednesday night. Albert Stump, attorney, spoke. Thomas A. Dailey, attorney, was the principal speaker at a ceremonial observance of the birthdays of Washington and Lincoln by posts and affiliated societies of the Grand Army of the Republic Wednesday at Ft. Friendly, 512 North Illinois street. Members of the Indianapolis chapter, National Association of Cost Accountants, Wednesday night in the chamber of commerce, heard an address by F. A. Magee, Chicago, director of the F. A. M. system of cost accounting. Indianapolis Exchange Club at its weekly luncheon in the Lincoln Friday will hear C. A. Radford, publicity director of the Big Four route. Demand to city officials for increased police protection in Garfield park and vicinity will be made by the Garfield Park Civic Association, Henry Kottkamp, president, said today. A business men's membership was awarded Oscar E. Griffith of Team 14 for turning in the greatest number of new memberships Wednesday night in the annual Y. M. C. A. membership campaign. Universal -Corporation of Laborers and Mechanics will hold a social at 7:30 p. m. Friday at Odd Fellow hall, 536% Indiana avenue. Plans were completed Wednesday at a luncheon for the dedication March 2 of the 122-foot municipal airport beacon on the Merchants’ Bank building. The tower, which extends up 375 feet from the street level, is being erected by the Lincoln Oil Company. The Lora Lackey orchestra will present a classical program at the Fairfax Christian church at 8 tonight. Pending legislation regarding taxation was discussed before the Y. M. C. A. Bible Investigation Club Wednesday night by Philip Zrercher of the state tax board. Three moving picture films, valued at $45, were stolen from a truck of Film Trucking Service, 248 North Capitol avenue, while it was parked near the company’s offices, Paul Miller, driver, reported to police. Spring business conference of the Refrigerating Equipment Corporation, distributers for the Frigidaire Corporation, closed Wednesday night with a dinner at the Claypool, attended by JSO salesmen and dealers. Landor MacClintock, associate professor of' romance languages at Indiana university, spoke at the meeting of the Alliance Francaise on Wednesday night at Spink-Arms. He discussed the life of Jean Jaques Rousseau, French writer and educator of the eighteenth century. With a sample of his clothing as a clew, police today were searching for a burglar believed wounded by Robert Wade, 17, of 20 South Holmes avenue. The intruder fled over a back fence after grappling With Wade when discovered in the youth’s bedroom Wednesday night. Two horses were burned to death and an automobile worth SI,OOO was ruined in a blaze which destroyed a barn at the rear of the residence of Lee Brims. Negro, 937 Fayette street, Wednesday night. The bam was valued at $250. Firemen said the blaze apparently was incendiary. “The Troupers” of the Sutherland Dramatic school presented George Bernard Shaw’s “The Man of Destiny,” Wednesday night at the First Presbyterian church under the direction of Robert Louis Oberrelch, nanager. Receipts will go to the Red Cross relief fund. The Butler University college of education will be represented at the annual convention of the National Education Association in Detroit, Feb. 22 to 26, by six members of the faculty. The Third Christian church will present the Anti-Saloon League play, “Who Killed Earl Wright?” tonight at the midweek praise service. More than 250 members of the Beth-El Men’s Club heard Dr. A. L. Sachar, noted Jewish educator and author, in a speech on “Some Interesting Jewish Rascals,” in the vestry rooms of the Beth-El Temple Wednesday night. Clyde Jones, 48, Negro, 1737 Boulevard place, arrested Saturday night when he was found in a cleaning and pressing shop at Sixteenth street and Senate avenue, was bound over to the county grand jury under $250 bond on a burglary charge by Municipal Judge Paul C. Wetter today. Officers testified the door of the shop apparently hac'. been forced open, but nothing was missing. Dr, Daniel S. Robinson, head of the department of philosophy of Indiana university, will address the general assembly of the Winter’s night college at the First Baptist church at 7:30 tonight*

THE INDIANAPOLIS TIMES

SWINE MARKET MOVES LOWER AT CITYYARDS Sheep, Lambs Sell Steady; Cattle Prices Show Little Change. HOGS Feb. Bulk. Early Top. Receipts. 13. s9.7o®i 8.10 *8.20 5.000 13. 6.50® 7.90 8.00 4.500 14. 6.60® 8.80 8.30 2.000 16. 6.80® 8.35 8.25 4.000 17. 6.65® 8.00 B.lft 7.000 18. 6.65® 7.75 7.85 4.000 19. 8.50® 7.50 7.50 6,000 The swine market at the city stock yards today continued to show a sharp decline, with prices ranging around 10 to 35 cents lower than Wednesday’s average, with lightweights showing the most loss. The bulk, 100 to 300 poflhds, were selling at $6.50 to $7.50. Receipts were estimated at 4,500. Holdovers, 199. Cattle market mostly unchanged, with a few slaughter classes of steers showing a little change. Under tone was weak. Receipts were 600. Vealers generally held steady, selling at $10.50 down. Receipts, 700. Sheep and lambs stationary on practically all direct or through billings. Choice handy weights salable sold around $9. Receipts were 1,500. Chicago hog receipts 33,000, including 14,000 directs. Holdovers, 5,000. Market slow, few early sales and bids around steady with Wednesday’s average on weights below 210 pounds. Few bids and sales on heavy weights strong to 10 cents higher. Choice of 160 to 200 pounds were selling at $7.35 to $7.40, while 260 to 280-pound averages sold at $6.50. Cattle receipts 5,000. Calves 2,000 and steady. Sheep receipts, 19,000, and steady. ’ ™~ %• HOGS Receipts, 6,000; market, lover. —Light. Lights—-(l4o-160) Good and choice....* 7.25 —Light Weights—-(l6o-180) Good and choice.... 7.50 (180-200) Good and choice.... 7.50 —Medium Weights—-(2oo-220) Good and choice.... 7.30® 7.40 (220-250) Medium and g00d... 7.00@ 7.20 —Heavy Weights—-(2so-280) Medium and choice.. 6.60® 6.90 (290-350) Good and choice... 6.30@ 6.50 —Packing Sows—-(27s-500) Medium and g00d... [email protected] (110-130) Slaughter pigs 7.00® 7.25 CATTLE (Slaughter Class) —Receipts, 600; market, steady. Good and choice $ §-*>o<gl l b?§ Comon and medium 5.00® 8.50 (1,100-1.500) Good and choice f.25®11.25 Medium 5.50® 8.25 , —Heifers — (500-850) Good and choice [email protected] Common and medium 4.00® 10.uO Oommwn and medium d.oo@ 7.50 Good and choice 4.75® 6.00 Low cutters and cutters , 2.50® 3.70 —Bulls (yearlings excluded)— Good and choice beef 4 Common and medium 3.00® 4.25 CALVES AND VEALERS Receipts, 700; market, steady. Good and choice Cull and common 5.00® 7.00 —Calves—-(2so-300) Good and choice * 6-95 1 ® §®9 Common and medium 3.50® 6.00 STOCKERS AND FEEDER STEERS Good and choice $ 6.00@ 8.25 Common and medium 4.25® 6.00 (800-1.500) Good and choice ▼. ? §•?? Common and medium 4.50® 8.00 SHEEP AND LAMBS Receipts, 1,500; market, steady. Good and choice § - 92 Common and medium 6.50® 8.50 —Ewes— Medium and choice 3.00® 4.50 Cull and common 1.50® J.oo

Other Livestock By United. Press CHICAGO. Feb. 19.—Hog*—Receipts, 33,000, including 14.000 direct; weights below 220 lbs. slow, steady with Wednesday s average; heavier weights strong to 10c higher: bulk 140-200 lb. weights. $7.25® 7.40; top,- $7.40; 210-330 lb. weights, sb.2s @7.15; Pigs, $6.40®7; packing sows, $5.50 @6; light lights 140-160 lb. good and choice. [email protected]; light weight, 160-200 lbs. good and choice. [email protected]: medium weights, 200-250 lbs., good and choice, $6.55®7.4.0; heavy weights, 250-350 lbs., good and choice. [email protected]: packing sows, 275-500 lbs. medium and good. $5.50@6; slaughter pigs, 100-130 lbs., good and choice. 6.25 @7.25. Cattle —Receipts, 5.000; caives, 2,000; slow, steady to weak market on fed steers and yearlings; lower grades predominating; most oSerings here selling slowly at [email protected]; sprinkling at $9 and better; prospective top around $10.50; she stock steady to 25c lowes; bulls steady and vealers weak; slaughter cattle and vealers; steers 600-900 lb. good and choice. sß® 11.50; 900-1,100 lbs. good and choice, $8.25 @11.50; 1,100-1,300 lbs. good and choice. [email protected]; 1.300-1,500 lbs. good and choice. [email protected]; 600-1.300 lbs., common and medium, $5.50(0)8.50; heifers, 550850 lbs., good and choice, [email protected]; common and medium, [email protected]; cows good and choice, [email protected]; common and medium, $3.50(0)4.50; low cutter and cutter [email protected]; bulls yearlings excluded, good and choice beef. $4.75@6: cutter to medium, [email protected]; vealers milk fed, good and choice, $8@10: medium, $768; cull and common, ss@7i stocker and feeder cattle; steers, 500-1.050 lbs. good and choice, $6.75 @8.25; common and medium, $4.75(®7. Sheep—Receipts. 19,000; fat lambs about 25c lower; other classes steady; early bulk good and choice lambs. [email protected]; choice medium weights. $8.7669; fat ewes, s4@ 5; slaughter sheep and lambs; lambs 90 lbs. down, good and choice, $8 @9; medium 57.25@8; 91-100 lbs. medium to choice. $7 @8.90: all weights common. $6(0)7.25; ewes, 90-150 lbs. medium to choice. $3.50®5; all weights cull and common, $2 @4; feeding lambs. 50-75 lbs., good and choice, $7.75 @8.25. By United Press PITTSBURGH, Feb. 19.—Hogs—Receipts, 1.000: holdovers. 750; market, slow; 15® 20c lower; 130-190 lbs.. [email protected]; better grade pigs. $7.5067.75; 200-250 lbs.. $7(0) 7.50; 250-320 lbs.. [email protected]; packing sows mostly $5.50. Cattle—Receipts, 25, mostly steady; low cutter cows around $2.50 and below. Calves—Receipts, 100; about steady: choice vealers. [email protected]; medium to good, [email protected]. Sheep—Receipts, 750; lambs steady to weak; choice wooled handyweights, $9.50; choice light clippers. $9. By United Press CLEVELAND. Feb. 19.—Hogs—Receipts, 1.400; holdovers, 311; 25c or more lower, only sows near steady. 160-210 lbs., very sparingly at $7.75; bulk. $7.65: 220-250, $7.15; 260-300 lbs.. $6.75; occasionally. $6.90; rough sows around, $6; stags, $4. Cattle —Receipts. 200; little change from Wednesday's close; common to medium steers, [email protected]; only odd heads good kinds as high as $9. cutter to good cows. $3.5065. Calves—Receipts, 450, mostly steady to weak, better grade vealers. sll @11.50. only odd best kinds higher; culls to medium, sß@lo mostly. Sheep—Receipts, 1,000: steady or around s9<ffi9.2s on desirable wooled lambs, sheep firm; desirable fat ewes, S4.SO@S or above. By United Press EAST ST. LOUIS. HI.. Feb. 19—Hogs— Receipts. 10.000; market, light weights steady to 10c lower; wieghtv butchers steady to strong; top $7.50; bulk, 140-210 ll;s., [email protected]; 220-250 lbs., [email protected]; 1 JO-130 lbs., $6.75®7.25; sows, [email protected]. Cattle—Receipts, 2,200; calves, 800; market steers slow, supply relatively liberal; vealers steady Kb $10.50; other classes sUady. Sheep—Receipts. 1,000; market, siow. few small lots choice lambs to city butchers, $8.85@9; packers talking lower. By Times Special LOUISVILLE. Feb. 19.—Hogs—Receipts. 500; market, 10c lower; 300 lbs. up. $6.45; 225-300 lbs., $6.80; 160-225 lbs.. s7.to; 130160 lbs., *7.20; 130 lbs. down, $6.60; roughs, $5.10; stags, $4.10. Cattle — Receipts, 200: market, steady: prime heavy steers. *S@ 8.50; heavy shipping steers, [email protected]; medium and plain steers, [email protected]; fat heifers, $5.5068.50; common to medium heifers, [email protected]; good to choice cows, s4@ 5: medium to good cows. $3.50@4; cutters, [email protected]; canners, [email protected]; bulls, $365; feeders. $6.2567; medium to good feeders, [email protected]; Stockers, s4@6; calf receipts, 200; market, 50c lower; good to choice, s7@9; mediums, $566.50; common to medium, [email protected]. Sheep—Receipts, 50; market, steady: ewe and wether lambs. $8 50; buck lambs, $7.50; seconds, $5.50 down: clipped sheep, s3@4. Wednesday’s shipments—Cattle, none; calves, 309; hogs, none: sheep, none. By United Press EAST BUFFALO. N. V.. Feb. 19—Hogs— Receipts. 1,400; holdovers. 1,000; weights below 210 pounds weak to 10c lower, others steady; fairly active to all Interests; desirable 160-200 lbs.. $8; few $8.10: 2109-226 lbs.. $7.656 8 : 230-260 lbs.. $7.15@ 7.60. Cattle —Receipts. 50; cows, steady: cutter grades. $2.2503.75. Calves—Receipts. 100; vealers barely steady at Wednesday’s full decline; good to cnoioe. 811011.90: common and medium kinds. *6.5069.50. Sheep—Receipts. 600; lambs unchanged: balk good to choice. $9.25; medium kinds sad Uirowouta, 18G8.50. 0

BELIEVE IT or NOT

Br,„ r , u.. T . u . UfcOßGt nto (AMD % - ot P/oe BlutiArwjvSA.s CuKose lifeK&sbecMdjttf "" . sailed eor France as a solwir '8 BENARES HInSTuFTed 960 L6S. WHILE WING o/HIS FOR 41 MIS AFTER ITS HEAD ~ MhAsbttn4yegFl&ri&n<or4o?c&T& WASCwT off

Investment Trust Shares

By R. H. Gibson ft Cos. —Feb. 19. Amer Founder’s Corp Com 4% 4% Am & Gen Sec "A’ 14 Am Inv Trust Shares 5% 6% Basic Industry Shares 6% 7% Corporate Trust Shares 6% 6% Cumulative Trust Shares 7% 8% Diversified Trustee Shares ‘A”. .17% 18% First American Corp. 8% 8% Fixed Trust Oil Shares 5% 6% Fixed Trust Shares ‘A” 15% Inv Trust NY 7% 8% Leaders of Industry. Series “A”. 8% Nation Wide Securities 7% 7% National Industry Shares .... 6% 7 N Am Trust Shares 6% 6% Sel Am Shares 5% 6% Shawmut Bank Inv. Trust 9% 11% Universal Trust Shares 6 Vs 6% S W Strauss Inv. units 54 Super Corp of A T Sh “A” 7% 7% Fundamental Trust Shares “A”. 7% 7% Fundamental Trust Shares “B”. 7% 8% U S Elec Light & Pwr ’A” 31% 33%

Bank Clearings

INDIANAPOLIS STATEMENT —Feb. 19— Clearings $3,077,000 Debits 6,808,000 CHICAGO STATEMENT —Feb. 19Clearings $69,300,000 Balances 9,400,000 TREASURY STATEMENT —Feb. 19Net balance for Feb. 17 $161,465,608.54 Expenditures 6,850,417.05 Customs rects. mo. to date 15,175,078.01

Net Changes

By United Press NEW YORK, Feb. 18.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. os. American Can 119% 2 American ft For Power 40% 1% ... American Telephone ..193 1 Anaconda 38 1% ... Auburn 188% ... % Bethlehem Steel 60% % ... Byers 59% 3% ... Case 119% ... % Chrysler 21% % ... Consolidated Gas 95% 1 Fox Film A 36% V B ... General Electric 48% 1% ... General Motors, unch International Telephone 31 V* ... Loew’s Inc 60% % ... National Power 40% IV* ... North American 82% % ... Pennsylvania Railroad.. 62% % ... Radio 18% % ... Radio-Keith 21% % ... Sinclair 12% %• ... Standard OU N J 48% % ... United Corporation .... 23% % ... U S Steel 145% % ... Vanadium 68 ... % Warner Bros, unchanged 19 Westinghouse Electric.. 96% 1% ... Chicago Stocks Opening By James T. Hamill ft Cos. —Feb. 19— Bendix Avia ...23 iMld Un C0m....21% Borg Warner . ,29%(MiddIewest Com 23% Cent S W 23% Natl Sec Com... 6 Cord Corp .... 9%|Natl P & Lt.... 64 Cont C C Com. 7%lNoblitt Sparks.. 43 Gen Th Equip..ls jSwift ft Cos. ...29% Grigsby Grunow 4% Swift Inter ....38% Houdi A 13% U S Radio ft T. 29 Elec H H 25%i Util & Ind Com. 7% Insull Com 45% Zenith Radio .. 4 MaJ H H ......4 1

ijjg TFhERE’S a {genial, friendly spirit among the 70 9 000 folks who nm oar trains • • • which explains, perhaps, why traw RT I clersfeel at home on the B&Q The National Limited —WITH THROUGH NEW YORK SLEEPER All-Pullman to Washington, observation-library-lounge car, dub car, Colonial diners, barber, valet, train secretary, maid, manicure, shower bath. Lv. Indianapolis 4:30 p. m. Ar. Washington 11.00 a. m. Ar. New York (42nd Street) 4:39 p. m. J.G. Van NorsdaU, Assistant Genera] Passenger Agent 114 Monument Circle, Telephone Lincoln 6404 Baltimore & Ohio TS,OIO 8i Ik hwte r— to Ke S ■■Klrtwiß

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

Following is the explanation of Ripley’s “Believe It or Not,” which appeared in Wednesday’s Times: We Know More About the Sun Than the Core of the Earth—All theories regarding composition, shape and consistency of the interior of our earth are merely speculative. It is assumed that the hard crust, or the cold outer portion, of .the earth, is about nine miles deep. Beyond that depth the materials of which it is composed are thought to be liquid, or even gaseous. In comparison we are much better informed about the sun, the mean distance of which is 93,000,000 miles from our plant. Ralph Sanders Rode a Bull 2,700 Miles—Sanders, mounted on a sturdy bull of the Texas range, arrived in New York City Jan. 20, 1931, after a 254-day trip from Brownsville, Tex., over a roundabout route covering 2,700 miles. The trip, which started May 12, 1930, was undertaken in the interest of Sanders’ health, and it greatly benefited both man and mount. The latter gained 100 pounds in weight while wearing out seven sets of iron shoes. The Drone Bee Has a Grandfather, But no Father—According to Dr. Dzierson, the eminent entomologist, the fertilized queen bee can lay fertilized or unfertilized eggs at will. The drone, or male bee, Is a product of the latter. It follows that the drone has a mother and a maternal grandfather, bift no male parent. Friday: “The Man Without a Skull.”

New York Bank Stocks

By Thomson & McKinnon —Feb. 18.— Bid Ask America 64% 67% Bankers 118% 121% Brooklyn Trust 525 535 Central Hanover 255 260 Chase National 100% 103% Chatham Phoenix Natl 79 82 Chemical ; 49 51 City National 98% 101 % Com Exchange 125% 129 Vi Commercial 310 325 Continental 20% 23% Empire 57% 60% First National 3,990 4,190 Guarantv 522 527 Irving 37% 39% Manhattan ft Cos 87 90 Manufacturers 44% 46% New York Trust 177 182 Public 57% 60% Marriage Licenses Acord Cantwell. 20. of Gosport, farmer, and L. E. Smith. 15. of 366 South Bancroft. student. Ralph E. Waldo. 25. of the Garfield apartment, clerk, and Lena Loschky, 21. of 2214 Union, bookkeeper. Richard J. Person. 57. of Indianapolis, custodian, and Julia Harris. 57. of Indianapolis. W. H. Cottlngham. 51. of Noblesvllle, farmer, and Emma Kendall. 43. of Westfield. Herschel Kirk. 24. of 250 West Slxtvnth. butcher, and Mildred M. Burnett. A, of 446 North California, maid.

fi fi Registered D. ft. Dj • i’atent Offlc* RIPLEY

WHEAT ACREAGE REOUCEOUTTLE Survey Shows Southwestern Crop in Good Condition. By United Press KANSAS CITY, Feb. 19.—The start of the spring growing season finds 23,000,000 acres of wheat in generally good condition in the southwestern belt, it was indicated today by a United Press survey. Rain this week over the five chief wheat-producing states of the area —Kansas, Oklahoma, Texas, Nebraska and Missouri—broke one of the most severe winter droughts in history. The precipitation was of inestimable value to winter wheat. The federal farm board’s plea for reduced acreage failed to have the desired effeet. In only two states was the decrease more than negligible. Oklahoma’s acreage is 6 per cent less than last year, while Nebraska’s reduction is estimated at 12 per cent. Elevators in the belt are filled with last year’s crop, yet two of the five states, Texas and Missouri, have a larger acreage than that of a year ago, state agricultural authorities estimated. More than half of the total area sown is in Kansas —12,229,000 acres.

CINCINNATI $2.75 ' Round Trip Sunday, Feb. 22 Leave Indianapolis 6:00 A. M. Returning Leave Cincinnati, Central Union Station 10:00 P. M., Eastern Time. BALTEWSORE & OHIO

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS New York Stock Exchange Chicago stock Exchance New York Cotton Exchange Chicago Board of Trade New York Curb Association Rooms 200-214 Circle Tower Telephone Lincoln 5501

We buy and sell U. S. Liberty Loan Bonds U. S. Treasury Certificates U. S. Insular and Territorial Bonds Indiana Municipal Bonds Indiana Gravel Road Bonds Federal Farm Loan Bonds Joint Stock Land Bank Bonds Fletcher American Company 41 North Pennsylvania Street Affiliated with The Fletcher American National Bank

-FEB. 19, 1931

STOCK SHARES ARE STRONG IN QUIET TRADING Issues Show Gains Ranging From 1 to 5 Points at Mid-Session.

Average Stock Prices

Average price of thirty Industrials for Wednesday was 181.10. up 1.55. Average of twenty rails was 109.53, up .10. Average of twenty utilities was 67.80, up .94 Average of forty bonds was 96 30, up .10. By United Press NEW YORK. Feb. 19.—The stock markte ruled quiet and strong today. Near 2p. m. United States Steel was above 147 and the general list was around the best levels of the day with gains ranging to nearly 5 points. Improvement in the steel industry. particularly the Youngstown district, where Republic was reported operating at 80 per cent of ingot capacity, higher copper prices, strengthening in grain and firmer silver prices were construed bullishly. Railroad shares advanced after J. J. Pelley, president of New Haven, issued a reassuring statement in which he said: “We are rather encouraged concerning the outlook.” Various interpretations were placed on a rise of % of 1 per cent in bankers’ acceptance rates. In some quarters this was considered a normal seasonal development; others ascribed it to impending passage of the bonus bill: some held it represented improvement in business which now was demanding more credit. New York & Harlem was a sensational mover in the railroad division. On odd-lot transactions, the issue advanced 20U points, to 209 %. CRUISER TO BE NAMED Christening Date for Warship Indianapolis Is Set. Launching and christening ceremonies for the new navy cruiser Indianapolis, at Philadelphia, will be. held May 15. Miss Lucy Taggart will accompany Mayor Reginald H. Sullivan to Washington and to Philadelphia for the ceremonies. She will break the bottle of christening fluid on the prow of the vessel.

MIAMI, FLORIDA Where You Will Find The Sunshine of Life True Hospitality HOTEL CASA LOMA (Next Door to Miami Biltmore) Notable for It* truly good table and quiet atmosphere of refinement. Adjacent to two swimming pools and three golf courses. Spacious grounds extending to the edge ot the Biltmore golf course. Only 13 Minutes From Race Track. American Plan (Including all Meals) Single Rooms with Bath $ 5 to $lB Double Rooms with Bath $lO to $34 Sitting Room, Bedroom and Bath *24 to *3O MODIFIED AMERICAN PUAN Permits guests to be away for luncheon and receive allowance. Bns Service to Door . . Garage ROLAND G. EATON. Manager c&srsssr in CORAL GABLES, MIAMI. FLA., Adjoining the Biltmore Golf Coarse.

We Buy and Sell Real Estate Preferred Srocks and Bonds ZAISER & ZAISER 801 Fletcher American Building 129 E. Market St.

. . . Investments of Proven Soundness Umphrey & Hartz 820 Circle Tower Lincoln 5222