Indianapolis Times, Volume 42, Number 245, Indianapolis, Marion County, 20 February 1931 — Page 22

PAGE 22

HIGHER TREND FELT IN GRAIN ! MARKET DEALS • Future Prices Move Upward on Early Strength in + Foreign Trade. . By United Frees , CHICAGO, Feb. 20. —Strength in 1 foreign markets raised deferred • wheat prices sharply at the opening on the Board of Trade today. . Old wheat was steady. The over- ' night developments were more fa'lorablc and the trade was more • cheerful at the start. . Liverpool was Arm on renewed buying and a more bullish feeling ; generally with a better demand. A ‘ higher exchange rate advanced Bue•nos Aires sharply. Corn was. up a modest fraction with wheat. Oats 4 were steady, moving more slowly. • .. Winnipeg Is Strong At the opening old wheat was unchanged, new wheat was s % cent to *. T ANARUS% cent higher, corn was J i cent to % cent higher and oats were unchanged to \% cent up. Provisions • were rather slow but steady. . Although due to open higher, ; Liverpool was considerably strong- • er than expected, and stood VA to 1% cents up at mid-afternoon. Buenos Aires was % cent up Just 1 before noon. Traders are bearing in mind that the season for crop com- • plaints is close at hand and that Eu- ! rope will buy more foreign wheat now that supplies are low, and for this reason the selling side is ot being pressed, despite the large sur- . plus in the United States. Winni- ; peg is being held strong by these • same factors and the lack of mois--1 ture, the spring wheat belt being as dry as in the United States. Oats Arc Active Offerings of cash corn to arrive “ e.re diminishing, while the eastern • shipping demand is fairly liberal. • The market follows wheat regardless ' of the cash situation, and is easily influenced. While oats are inactive they are • holding steady. The market is ! without special feature and follows ; the other grains in the absence of ’ any individual news. Chicago Grain Table Feb. 20. . High. Low. 11:00 Prev. WHEAT—(OId i— Close • March 9(e .79'-a • Mav 82 Vs .82 >4 .82% .82', JuJv 70Vs Bept 70S 70 69 b 8 .69 :, a CORN—(OId) — March 63’May .66 V* 65 7 h .66 .65% July 67% .67*8 67% -67% | scot. .......... .67% 67 .67% 66% • OATS— (Old)March t • $% 33 >4 . Wav 33% .33% July 33% .33% .33% .33% • Sept .33% -33% RYE—(Old) — March 41 .40% .40% .40% Mav 43% .43%' 43% .43 • July 43% 13%. 43% 42% LARD—(OId) • March • 8.00 | i May \ 8.25 8.22 8.22 8.15 1 July 8-37 8.32 by 7 imc S pedal CHICACiO. Feb. 20.—Carlots—Wheat. ■6l corn 175. oats 18.

Local Wagon Wheat

Cltv grain elevators are paying 67c (or No. 1 red wheat and 67c for No. I hard 1 wheat,

Bank Clearings

INDIANAPOLIS STATEMENT Feb. 20Clearings $2,813,000.00 1 Debits 6,176.000.00 CHICAGO STATEMENT -Feb. 20— Clearings $64,500,00.00 Balances 8.100,000.00 TREASURY STATEMENT -Feb. 19Net balance for Feb. 17 $161,465,608.54 ‘ Expenditures 6,850.417.05 Customs rects. r.lO. to date 15,175,078.01 NEW YORK COFFEE RANGE —Feb. 19High. Low. Close. March 5.36 5 27 5.34 May 5.40 5.39 5.40 July 5.40 5.37 5.40 September 5.40 5.39 5.40 ’ December 5.40 5.37 5,39

Henry L. Doherty and Company fiscal agents Cities Service 705-06 Fletcher Saving* and Trust

R.H. Gibson & Cos. Members NEW YORK. Chicago and Cincinn' •< Stock Exchanges •V. Y. Curb Exchange (Assoc.) Chicago Board of Trade 320 Circle Tower Indianapolis Tel. Lincoln 2341 307 Dixie Terminal Bldg Cincinnati 220 Odd Fellows Bldg. South Bend 400 First & Tri-State Bldg Fort Wavne 71 Broadway New York

MIAMI, FLORIDA Where You Will Find The Sunshine of Life True Hospitality HOTEL CASA LIMA (Next Door to Miami Biltmore) Notable for It* truly good table aad quiet atmosphere ot refinement. Adjacent to two swimming pool* and three golf courses. Spacious grounds extending to the edge of the Biltmore golf course. Only 15 Minutes Front Rnce *‘*ck. American Plan (Including all Meals) Xtngle Room* with Bath f 5 to Ut Doable Rooms with Bath 916 to 9t4 hitting Room, Bedroom and Bath 824 to B*o MODTFIF.D AMERICAN PLAN Permits guest* to he away for luncheon nnd receive allowance. Bus Service to Door . Garage ROLAND G. EATON, Manager HOTEL ■■■■■■ CASA LOMA Ind CORAL GABLES, MIAMI, FLA., Adjoining ibt Biltmore Golf Coorw.

New York Stocks

-Feb. 20 Railroad*— * Prev. High Low 11 30 Close Atchison 20U' S l‘ 'MV t 2uo-.* Atl Coast Line HO Bait As Ohio. 84% 84 84% 84% i chesa & Ohio. 44% 44 *4 *4% i Chess Coro ... 60 41)% 48% ■* cm Ort west 7, Chi N West 48% 48% CRI&P 60% 60% •Ml L & W 84% , Der & Hudson.. Erie 36% Erie Ist PI a Great Northern 87% 68 1 Illinois Central 86% 86 Lou As Nash .... 106 , MKAc T 24% 24 34 24% Mo Pacific Ptd .... .... 10, N Y Central liMt't NY NH Ac II • • •• 1 Nor Pacinc ... 58% o 8 98 aB% Norfolk Ac West • 213 * Pennsylvania.... 62'a 62% 62% 62_ a Beaboard Air L „ ••• , Bo Pacific 10(% 10 1 % lov% loi% Southern Ry ... 64% 64 64 61 Bt Paul )% 7% i% ; Bt Paul pld ... 13 ;3tLA: 8 F g% 60 I Union Pacific 202 % 202 • Wabash ••• 1 W Maryland ... 18% 18% 18% 18 Equipments—i Am Car Ac Fdy ••• 34% Am Locomotive .27 26% 2< 26,2 ,Am Steel Fd ... 31% 29% 30% 29% :Am Air Brake 8 „ 36% Gen Am Tank... 69% 8 69% 68, a ; uenerai Elec ... 50% 50(* 50% 49/4 Gen Ry Signal ■ ■ 76 Lima Loco 30V* 30 N Y Air Brake ~ ... 22% j Press Btl Car.., 6% 6% 6% 6% Pullman 53 5 5 a Westlngh Ar B 34 -a ! Westlngn Elec 99% 98% 99% 97% Rubbers— I Firestone 17% Fisk* % % l Goodrich 17% 17% 17% 17% I Goodyear 47% 47% 47- 46% i Kelly Sprgtld 1% 1% jU 8 RuDber .... 14% 14% 14% 14V* Motors—- ! Auburn 193% 190 190 190% i Chrysler 21% 20% 20% 21 I Graham Paige.. 4% 4% 4% 4% I General Motors. 43% 43 43% 42% i Hudson 21% 21% 21% 21% ; Hupp 12 11% 11% 11% Mack 41% 41% 41% 41 % i Nash 35 34% 35 34% Packard 10% 10% 10% 10% Pierce-Arrow 25 Reo B ‘/a 8% Studebaker 24% 23% 23% 23% Yellow Truck .. 12% 12% 12% 12% Motor Access— Bendlx Aviation. 23% 23% 23‘/a 23 Borg Warner ... 29% 29 29 29% Briggs 21% 21 21% 21 % Budd Wheel ... 11 % Campbell Wy 15 14% Eaton 19% 18% 18% 18% El Storage B 59% 59 Hayes Body .... 4% 4% 4% 4% liouda 7 6% 6% 6% Motor Wheel ... 19 18% 18% 19 Sparks W 11% 11% 11% 11% Stewart W'arner 18% 18% 18% 18% Timkin Roll .... 56% 56 56% 56V* Mining— Am Metals 22% 21% 22 21% Am Smelt 53% 52% 52% 52% Am Zinc 6% 5% 6 5% Anaconda Cop.. 39% 39% 39% 39% Cal & Hecia .. 10% 10 10 10% Cal & Ariz 40% 4040% ... Cerro de Pasco.. 28% 27% 28% 28% Dome Mines ... ... 10% Freeport Texas .. 42 40% 41% 40% Granby Corp . 20% 20% 20V* 20 Gt Nor Ore 21% 21% Howe Sound . . 27% 27 27% 26% Ini Nickel 18% 18% 18% 18% Inspiration .... 10% 10% 10% 10% Kannecott Cop . 29% 29% 29% 29% Magma Cop 26 26 Miami Cop .... 10% 9% 10% 9% Nev Cons 13% 13% 12’,a 13% Texas Oil Sul . . 54 53% 53% 52% U S Smelt . 21% 21% 21% 21 Oils— Amerada 19% Am Republic ... 96 9% 9% .... Atl Refining . 22% 21% 22% 21 % ! Barnsdall ..... 11% 11% 11% 12% Houston ...? 11% Indian Refining 3% Mex Sbd 17% 17% 17% 17 Mid Conti 15% 14% 14% 15% Phillips 13% 13% 13% 13% Pr Oil & Gas 15% 15% Pure Oil \ 10% 10 Richfield 5 4% Royal Dutch ... 41% 41% 41% Shell Un 9% 9% Sinclair 12% 12% 12% 12% Skelly 9% 9% Standard of Cal 49% 49*% 49% 49 Standard of N J. 59% 49% 50% 49% Standard of N Y 25% 25% 25% 29% Texas Cos 3*"% 33% 34% 34 Union Oil 24% 24% Steels— Am Roll Mills.. 37% 36% 36% 36% Bethlehem 63% 63% 63% 63 Byers A M .... 67% 66 67 64% Colo Fuel 31% 31 31% 32 Inland 68% 68 Ludlum 18% 18 18% 18 *4 Midland 30% 29% 30% 29% Newton . 24 23% 24 22 Rep I& S 24% 24% 24% 24 U S Steel .. 149 148% 148V* 148% Vanadium 73% 72 72 71% Youngst S&W 27 25% 27 25% Y'oungst S& T. 75% 75 75 ... Tobaccos— Am Sumatra 10% Am Tob Anew. 115% Am Tob B new..llß 117 117% 116% Con Cigars .... 37 36 37 36% Geenral Cigar 44% Lig & Myers B 87% 87% 87% 88 Lorillard 17 16% 16% 17 Phil Morris 18% Reynolds Tob . 46% 45% 46% 45% Tob Pr A 12% Tob Pr B 2% 3 United Cig 5% 5% Utilities— Abitlbi 10% 10% Adams Exp 22% 22 Am For Pwr .. 42 41% 41% 40% Am Pwr & LI.. 55 54% 55 54% AT&T 196% 195% 196% 194% Col G& El 41 39% 39% 40 Com % Sou 10 10 El Pwr & Li.. 55 53% 54% 53% Gen Gas • 7% 7% 7% 7% Inti T & T 35 33% 35 33 Natl Pwr &Li 41% 40% 40% 40% No Amer Cos .. 84% 83% 84% 82% Pac Gas & El.. 48% 48% 48V* 47Vs Pub Ser N J .. .. ... 86 85% S Cal Edi 51% 51 Std G&- El .... 74Vs 73 74% 72% United Corp .. 24 33% 23% 23% Ut P& L A .. 38% 27% 38% 28 West Union 143% 143 143% 142% Shipping— Am Inti Corp ... 23 22% 22% 22% United Fruit .. 61% 61% 61% 61% Foods— Am Stlg 54 53% 54 52% Armour A 3% 3V* 3% 3Vs Cal Pkg 49% Can Dry 35 34% Childs Cos 32% 32% Coca Cola 163 V. 163 Conti Baking A. 27% 27% 27% 27% Corn Prod 36Vs 86% Crm Wheat 39% 29% Cudahy Pkg 44% Cuban Am Sug 4 4 Gen Foods 54% 54% 54% 54% Grand Union 15% 151% Hershey 94% 94 Jewel Tea 55% 54% Kroger 27% 27% 27% 27 Nat Biscuit .... 82 81% 81 Vs 82 j PUlsbury 30

Produce Markets

Eggs (country run)—Loss off delivered In Indianapolis. 10c; henery quality No. 1. 13c; No. 2. 10c. Poutry (buying prices)—Hens, weighing 5 lbs. or over. 17c; under 5 lbs.. i6c: Leghorn hens. 11c; capons. 7% lbs. up. 28c; 6(2-7% lbs.. 24c; under 6% lbs., 20c: springers. 5 lbs. or over. 17c; or under 5 lbs.. 17c; ducks, springers. 11c; old cocks. 9gllc: ducks, full feather fat white 9c; geese. Bc. These prices are for No. 1 top quality quoted by Kingan & Cos. Butter (wholesale 1 No. 1. 30@31c: No. 2. 27®28c. Butterfat—2sc. 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. Peb. 20 —Potatoes—Market [email protected] bbl.: Maine, $2.75®3.35 bbl: Idaho. 45c@$2.$0 sack; Bermuda $6.50 @9 bbl.: Canada. 50c@ $3.50 bbl. Sweet Potatoes—Market easy; Jersey baskets. 65c® 3.50; southern baskets. [email protected]. Flour—Market quiet and firmer; spring .patents. [email protected]. Pork Market quiet; mess. $26.50. Lard—Market dull: mlddlewest spot. $8.20®8.30. Tallow —Market firmer; special to extra. 3%@ 3%c. Dressed Poultry—Market steady to firm; turkevs. 31@43c: chickens. 20®39c; broilers. 30®50c: capons. 26@46e: 14@24c: ducks. 15@22c: Long Island ducks. 22%@ 24c. Live Poultry—Market firm: geese. 13@19c; ducks. 15®28c: fowls. 23a'26c; turkevs. 30®40c: roosters. 15@17c; chickens. 20@38c; capons. 22@40c: broilers. 30 ® 50c. Cheese—Market auiet; state whole milk, fancy to special, 17®22%c; Young America. 17® 20c. By United Press CHICAGO. Peb. 20—Eggs—Market firm: receipts. 17,503 cases: extra firsts, 17%c; firsts. 16%c: ordinaries. 15@15%c: seconds. 13%c. Butter—Market firm: receipts. 9.484 tubs; extras, 28%c: extra firsts. 27%@28c; firsts. 26@27c: seconds, 24@25c; standards. 28%c. Poultry—Market about steady; receipts. 2 cars: fowls. 18®'21c; springers. 36c: leghorns. 18c: ducks. 23c: geese. 14c; turkeys. 25c: roosters. 15%c. Cheese Twms. 14@14%c: Young Americas 18H@ 16%c. Potatoes—On track. 278: arrivals, 103; shipments, 536; market about steady; Wisconsin sacked round whites. *1.30® 1.35: Minnesota round whites. $1.15® 1.25; Idaho russets. $i.50®1.60: Colorado McClures. branded. $1.70® 1.85. By United Press CINCINNATI, 0., Feb. 20.—ButterSteady; creamery in tub lots according to score, 25@2ic: common score discounted. 2@3c; packing stock No. 1. 20c; No. 2,15 c; No. 3.10 c; butterfat, 23@25c. Eggs—Steady; cases included: extra firsts, lo%c: firsts. 15c: seconds, 13%c: nearby ungraded, 16c. Lives poultry—Thin ana coarse stock sell only at heavy discount: fowls, 5 lbs. and over. 18%c; 4 lbs. and oyer. 31c; 3 Iba. and over, 31c; Leghorns. 3 lbs. and over. 18c: roosters, 13c; capons, 8 lbs. and over, 32c; under 8 lbs., 28c: slips. 21c; stags, 17c; colored fryers over 3 lbs., 32c; over 2 lbs., 35c; Leghorn and Orpington fryers over 2 lbs.. 23c: broilers new crop full feathered IV* lbs. and over. 40c; roasting chicks. 4 lbs. and over, 28c: black springers. 15c. By United Press CLEVELAND, Feb. 20.—Butter—Extras. 28%c; standards. 38%c. Eggs—Extras. J" % c ( first*. 16%@17c. Poultry—Heavy fowls. 22c; medium. 23c; Leghorn fowls, 18c; heavy broilers, 21@23c: Legh.rn brollers. iic: ducte, 25c; old cocks, I’(c; geese. 15® 16c; stagrt 20c: capons No. ), 28®33c. Potatoes—Malne Oijen Mountain, *3.35@ 3.40 her 120-lb. sack Idaho Russet mostly 82.i0Q2.16 per 100-lb. sack. 7

Safeway St 62% 61% 61% 60% Std Brands 19- s ia 19 Drugs— Coty me 13% Lambert Cos 82 81% 81% 82% Lean & Fink ... 32 31% 32 31% industrials— Am Radiator ... 18% 18% 18% 18V* Bush Term 30 30% certain teed ... 4% Gen Asphalt . . 40% 44% 44% 44% Lehigh Port ;. ... 18 18 Otis Kiev 55 34% 54% 54% Indus Chems— Allied Chem 171% 168% 170% 167% Com Soiv 20% 19% 19% 17-* Union Carb beI,* 1 ,* 65% 66% 65% U S Ind Aico ... 68% 68 68 68 Retail Stores— Assoc Dry Ods.. 28 26% 27% 26% Gimoel Bros ... V% 7% 7% 7% Kresge SB 27% 2< 2( 2. May O btore 35 34% 34’* 34% Mont Ward 24% 24% 24% 23V* Penny J C 38',* 3i% oa-,* 0.% Scnuite Ret St 6(2 5% Sears Roe 57Vi 56% 67 56% Woolwortn 64"* 63% 63% 024* Amusements— Col Graph 11% 11% 11% 11% Eastman Kod .171% 170% 111 111 Fox Fiim A 37 36% 36% 37 Grigsby Gru 4% 4% Loews Inc 62% 61% 62% 62 Param Fam 49 Vi 48% 49 48% Radio Ccrp 20% 19Vs 20 18% RK O 22Vs 22 22 21% Schubert 7 6% Warner Bros .. 19% 19 iy% ly Miscellaneous— Airway App 9% 9% 9% 9Vi City Ice & Fuel 37 Congoleum .... 11% 11% ll'/s 10% Am Can 124% 123% 124 123% Cont Can 58% 58 08% 57% Curtiss Wr 4% 4% 4% 4% Gillette S R 32% 32% 32% 31% Real Silk 33'/s Un Aircraft ......33% 33% 33% 57% Int Harv 58Vs 57% 57% 57

Indianapolis Stocks

—Feb. 20Bid. Ask. American Central LI Inc Cos.. 1,000 Belt RR & B Yds Cos com... 42% 45% Belt R R Yds Cos pfd 51 56 Bobbs-Merrili Cos •Central Indiana Pw Cos pfd 7s 78 82 Circle Theater Cos com Vs ... 98 Citizens Gas Cos com 10s 25 Citizens Gas Cos pfd 5s 98 •Commonwealth In Cos pfd 75.. 97 102 Commonwealth In Cos pfd ...100 Equitable Securities 25 Hook Drug Cos com Indiana Hotel Cos Clanl com.. 105 Indiana Hotel Cos pfd 6s 100 Indpls Gas Cos com 6s 56 61 Indpis Pwr Lt & Cos pfd 6%5.104 106 Indpls Pu Weif L Assn com 8s 51 Indpls Water Cos pfd 5s 104% 105 •Inter Pun Ser Cos pr li pfd 6s 83 88 •Inter Pu Sr pr pfd 7s 99% 102% Metro Loan Cos 8s 101 N Ind Pub Serv Cos pfd 5%5.: 90 94 •North Ind Pub Serv Cos pfd 6s 99% 101 North Ind Pub Ser Cos pfd 75.107% 111% Prog Laundry Cos com 31 E Rauh & Son Fertil Cos pfd 6s 47 •Terre Haute Lt & Pwr pfd... 73 Union Title Cos com 5s 24 Van Camp Prod Cos Ist pfd Vs ... 93 Van Camp Prod Cos 2d pfd 8s ... 98 Auburn Automobile Cos c0m...187% 189',* Backstay Welt Cos com 15 19 Ind Pipe Line Cos 20% 26 Link Belt Cos com 31 33 Lynch Glass Machine Cos com 17 18 Mead Johnson & Cos c0m.... 97 99 N Y Central Railroad Cos 126 128 Noblltt-Sparks Industrials Inc 42% 44% Perfect Circle Cos com 33 35 Real Silk Hosiery Mills Inc Cos 28 li 30% Real Silk Hosiery Mills pfd... 85 90 Ross Gea- & Tool Cos 27 30 Standard C l ' Cos (Indiana) ... 34% ... Studebaker Corporation 23 25 •Ex-dividends. Bonds Belt R R & Stk Yds Cos 4s ... 85 Broad Ripple Trac Cent Ind Gas Cos 5s 99 Citizens Street Railroads 6s .. 23 2V Home T & T of Ft Wavne 6s. 102% ... Ind Railway & Light Cos 5s . 96 Indpls Pwr &Lt Cos 100'% 102 Indianapolis Gas Cos 5s 10C 103 Indpls & Martlnsv Ra Hr Cos ts 15 Indpls & Northw Trac Cos ss. 42% ... Indpls St Ry 4s 15 Indpls Trac & Term Cos 5s 43 Indpls Union Ry 100 Indpls Water 5s 99 Indpls Water Cos 5%s 103 105 Indpls Wa Cos Ist lien & Ref 5s 99 Indpls Water Cos 4V2S 96 Indpls Water Works Sec Cos 5s 90 Interst Pub Serv Cos 4%s 89 ... No Ind Pub Serv Cos 5s 95 Interst Pub Serv Cos 6%s 102 No Ind Pub Serv 5s 99 No Ind Teleph Cos 6s 98% 100

New York Bank Stocks

(By Thomson & McKinrrtm) —Feb. 19— , Bid. Ask. America 64'% 67% Bankers 119% 122% Brooklyn 530 540 Central Hanover 257 262 Chase National 101 104 Chatham Phoenix Natl 79 28 Chemical 50 52 City National -,....100% 103% Corn Exchange .....126% 130% Commercial 320 335 Continental 21 24 Empire 57% 60% First National 4,000 4 200 Guaranty 530 535 Irving 38(4 40% Manhattan &Cos 89 % 92% Manufacturers 46% 48% New York Trust ..180' 185 Public 59 62

Average Stock Prices

Average price of thirty industrials for Thursday was 184.46. up 3.36. and anew high for 1931. Average of twenty rails up .81. Average of twenty utilities was 68.43, up .63. anew high for 1931. Average of forty bonds 96.26, off .04.

Net Changes

By United Press NEW YORK, Feb. 19.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. American Can 123% 4 Amer & For Power 40% % American Telephone 194% 1% Anaconda 39% 1% Auburn 190% 2% Bethlehem Steel 63 2% Byers 34% 5% Consolidated Gas 96 V* % Case 123% 4% General Electric 49% % General Motors 42% % International Nickel is% 1% International Telephone 33' 2 Loews Inc 62 1% Montgomery Ward 23% % National Biscuit 52 1 New York Central 127% 1% North American 83% 1' Pennsylvania Railroad 62% % Raido 18% % Radio-Keith 21% % Standard Oil N J 49% % Union Carbide 65% 1% United Corporation 23 s * % 5 s Steel 148% 2% Westinghouse Electric 97% 1% Worthington Pump 102 6%

New York Curb Market

(By Thomson <S* McKinnon) —Feb. 20— , „ _ 11.30 11:30. 4m Com Pwr.. 16% Midwest Ut .... 24% 4m Gas &El . 80 National Sugar. 32% 4rk Gas A ... 6(4 National Inv ... 5% 4viation ot Am 20% Newmont Min.. 55% Brazil P & L .. 26% Nia Hud Pwr.. 12% wan Marc 3% Noranda 18% Cities Serv 19% Penroad 7% Crocker <fc Wh. 10% Sel Indus 4U Durant Mot ... 20% Shenandoah 5% Elec Bond Sh. 52 3 s ;Std of Ind 34T? Ford of Can ... 27% std of Ky 22% E ord^. lt EnK ••• 18%!std of Ohio ... 54 Fox Theater ... s%;Stutz 25% Goldman Sachs. B%!tfn Gas (new) 10% Gulf Oil 70 Un Lt & Pwi. 29% Humble Oil 66 Ut In Ind ... 7% Ind Terr A .... 16% Ut Pwr 13% Int Super 28 [Vacuum Oil .... 64% Int Pete 14%l

Investment Trust Shares

By R. H. Gibson & Cos. —Feb. 10.— PRICES ARE TO 12 NOON C. S. T. Bid Ask Amer Founder’s Corp Com *% 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”. 18 18% First American Corp 8(< 8% Fixed Trust Oil Shares 5% 6>i Fixer. Trust Shares "A” 15% Inv Trust N Y 7% 8% Leaders of Industry Series “A”. 8% Nation Wide Securities 7% 7 s * National Industry Shares 6% 7% N Am Trust Shares 6% 6% Sel Am Shares 5% 6*4 Shawmut Bank Inv. Tfust 10 12 Universal Trust Shares 6% 6% S W Strauss Inv Units 54 Super Corp of A Tr Sh “A” 7% 7% Fundamental Trust Shares “A’’ 7% 8' Fundamental Trust Sl'-res “B" 7’* 8% U S Elec Light & Pwr ‘A” 31 s * 32% Chicago Stocks Opening (By James T. Hamill & Cos.) —Feb. 20Open Open. Assoc Tel Util.. 25% Midland Unit C 21% Beudix Avia ... 23% Middlewest Com. 23% Borg Warner .. 29% Nat’l Secur Com 6 Cent So West.. 23Vi■ Nat'l Pw <fc Lt. 64% Cord Corpn ... 9% Nor & So Amer 10 Cont’l Chgo C C 7%.Nat l Standard.. 31 Com. Edi50n...247 Noblitt Sparks.. 43% Gen Thea Equip 15 Sift &Cos 29% Grigsby Grunow 4V* Sfiift Intemat'l 39% Houdi B 6%;U.S Radio & Te 31% Elec Household. 26 Util <te Ind Cora. 7% Inmil Com .... 46% ! Util & Ind pfd.. 18% Majestic House. I -

THE INDIANAPOLIS TIMES

PORKER PRICES GAIN AO CENTS AT LOCAL PENS Cattle Market Stationary; Vealers Sell Lower at $lO Down. HOGS Feb. Bulk. Early Top. Receipts. 13. $8.50® 7.90 SB.OO 4,500 14. 6.60(a 8.80 8.20 2.000 16. 6.80® 8.25 8.25 4.000 17. 6.65® 8.00 8.10 7,000 18. 6.65® 7.75 7.85 4.000 ! 19. 6.50® 7.50 7.50 6,000 ! 20 6.90® 7.90 7.90 3.000 Porker prices at tlie Union Stocki yards today turned upward and : prices generally were ranging ; around 40 cents higher than Thurs- ' day’s average, with a few weighty butchers up more. The bulk, 100 to 300 pounds, were selling at $6.90 to $7.90. Early top sold at $7.90. Re- ! ceipts were 3,000. Holdovers, 254. Slaughter clashes of steers slow ! and mostly steady, with a bearish undertone, featured the cattle market. Receipts were estimated at 450. Vealers were largely 50 cents lower than Thursday’s best .time, selling at $lO down. Receipts, 500. Sheep and lambs held stationary, with a good and choice grade of lambs salable, selling around $9. Receipts were 500. Chicago hog receipts were 24,000, Including 13,000 directs. Holdovers, 2,000. Market active, opened around 25 cents higher than Thursday’s j average; several loads of 160 to 200-pound weights sold at 7.60, some held higher; few 220-pound averages u T ere selling at $7,20. Choice of 250 to 320 pounds sold at $6.50 to $7. Cattle receipts, 12.000. Calves, 1,000 and strong. Sheep receipts, 13,000 and strong. HOGS Receipts, 3,000; market, higher. —Light Lights—-(l4o-160) Good and choice.. . $7.50 —Light Weights—-(l6o-180) Good and choice.... 7.90 (180-200) Good and choice.... 7.90 —Medium Weights—-(22o-2201 Good and choice 7.70® 7.80 (220-250) Medium an dg00d.... 7.40® 7.60 —Heavy Weights—-(2so-280) Medium and choice.. 7.00@ 7.30 (290-350) Good and choice.... 6.70® 6.60 —Packing Sows—-(27s-500) Medium and g00d... 5.25@ 6.00 (110-130) Slaughter pigs 7.00® 7.40 CATTLE (Slaughter Class) Receipts, 450; market, steady. Good and choice S [email protected] Comon and medium 5.00® 8.50 (1,100-1,500) Good and choice [email protected] Medium 5.50® 8.25 —Heifers—-(soo-850) Good and choice 7.50 @IO.OO Common and medium 4.00@ 10.00 Oommon and medium 4.00® 7.50 Good and choice 4.75@ 6.00 Low cutters and cutters 2.50® 3.70 —Bulls (yearlings excluded)— Good and choice beef 4.25@ 3.25 Common and medium 3.00® 4.25 CALVES AND VEALERS Receipts, 500; market lower. Good and choice $ [email protected] Medium 7.00® 9.50 Cull and common 5.00® 7.00 —Calves—-(2so-300) Good and choice $ 6.00® 9.00 Common and medium 3.50® 6.00 STOCKERS AND FEEDER STEERS Good and choice $ 6.00® 8.25 Common and medium 4.25® 6.00 (800-1.500) Good and choice 6.00® 8.25 Common and medium 4.50® 6.00 SHEEP AND LAMBS Receipts, 590; market, steady. Good and choice $8.50® 9.00 Common and medium 6.50® 8.50 —Ewes— Medium and choice 1. 3.OC® 4.50 Pull and common 1,50® 3.00 Other Livestock By United Press CHICAGO. Feb. 20.—Hogs—Receipt*. 24,000. including 13,000 direct: a,. M ve 25® 35c higher on weights below *SO lbs.; others. 15@25c higher, to $7.75; bulk, 140-200-lb. weights, [email protected]; 210-320-lb. weights. [email protected]; pigs. $6.75®7.25; packing sows. $5.85®6.15. Light lights, 140-160 ib. good and choice. $7.50@'i.75; light w'eight 160-200 lb. good and cnoice, [email protected]; medium weights, 200-250-lb. good and choice. $6.90® 7.65; heavy weights, 250-350 lb. good and choice. $6.40®7: packing sows, 275-500-lb. medium and good. $5.65(0.6.15; slaughter pigs, 100-130 lb. good and choice, $6.65®7.50. Cattle— Receipts. 1,200; calves, receipts, 1,000; fed steers and yearlings steady with week’s uneven downturn; all grades getting a little action but kinds suitable for shippers in broadest demand: these kinds selling at $9 and upwards; bulk [email protected], with best heavies. $10.60: slaughter cattle and vealers. Steers. 600-900 lb. good and choice, sß® 11; 900-1,100 lb. good and choice. [email protected]; 1,100-1,300 lb. good and choice. [email protected]; 1,300-.500 lb. good and choice. [email protected]: 600-1,300 lb. common and medium, [email protected]; heifers, 550850 lh. good and choice, [email protected]: common and medium. [email protected]; cows, good and choice, [email protected]: common and medium, $3.50®4.50: low cutter and cutter. [email protected]; bulls, yearlings excluded, good and choice beef. [email protected]; cutter to medium. $4®4.75; Vealers. milk fed good and choice. sß® 10; medium. s7@B: cull and common. ss@7: stocker and feeder cattle; steers. 500-1,050 lb. good and choice. [email protected]; common and medium, $4.75@7. Sheep—Receipts. 13,000; choice fat iambs, fully steady; spots strong: other grades and classes, mostly steady, with week’s tendencies: numerous loads choice 70-90-lb. lambs. $8.85@9. to outsiders. Slaughter sheep and lambs: Lambs. 90 lbs. down good and choice. [email protected]: medium, $7.25 @8; 91-100-lb. medium to choice. s7@9; all weights common. [email protected]; ewes. 90-150 lb. medium to choice. $3.50®5; all weights cull and common. s2@4. Feeding lambs. 50-75 lb. good and choice, [email protected]. By United Press • CLEVELAND, Feb. 20. Hogs—7,9oo; holdovers, 392; steady to 15c higher; 160210 lbs.. [email protected]; 220-250 lbs., $7.15® 7.25; 250-300 lbs.. $6.75®6.90. on account of quality bulks and inside of respective spreaas; pigs quoted $7.50. rough sows. $6; stags $4. Cattle—2s. scattered holdover steers and heifers, $5.75®7.40: near steady, oimasional low grade cows. $3.50® 3.75. Calves—2oo, active, strong to 50c higher, desirable vealers. $11.50 to sl2; culls to medium, $8.50@10. Sheep—4oo; steady, plain quality considered, few woolskins good enough to pass. $8.75 and $9; nearly good clippers, $8.50. By Times Special LOUISVILLE, Feb. 20—Hogs—Receipts, 200; market, 15c higher; 300 lbs. up, $6.60; 225-300 lbs.. $6.95; 160-225 lbs., $7.75; 130160 lbs., $7.35; 130 lbs. down, $6.75; roughs, $5.25; stags $4.25. Cattle—Receipts, oOO; market, steady; prime heavy steers, sß® 8.50; heavy shipping steers, [email protected]; medium and plain steers. $5®6.50; fat heifers, $5.50(5.8.50; common to medium heifers. s4® 5.50; good to choice cows, S4®s; medium to good cows. $3.50@4; cutters, $3®3.50; canners [email protected]; bulls, s3@s; feeders, $6.25®7; medium to good feeders. [email protected]; Stockers s4@6. Calves —Receipts. 200; market, steady; good to choice, s7®9; mediums, [email protected]; common to medium, $3.50®4.50. Sheep—Receipts, 50; market, steady; ewe and wether lambs, $8.50; buck lambs, $7.50; seconds, $5.50 down; clipped sheep, s3@4. No shipments Thursday. By United Press CINCINNATI. 0.. Feb. 20—Hogs—Receipts, 1.700; h Idover 140; moderately active, steady to 15c higher; spots 25c up on weighty butchers, better grades 160 to 220 lb. averages, si.7s@B; mostly $8 on around 200 lbs. down; 235-260 lbs., $7.25 @7.50; 280-300 lbs.. 56.75@7; 120-150 lbs., $7.25 to mostly $7.50; bulk sows. $5.25 @5.50. Cattle —Receipts, 375; calves, 275; market, slow, steady to weak; some bids 25c lower on steers and heifers; odd lots common and medium [email protected]; most beef cows 54.20@5; low cutters and cutters, $2.75@4; bulls, $5.25 down; vealers steady; good and choice $9.50@10; lower grades, S9 down. Sheep—Receipts, 225; better grade lambs 50c lower at $8.50® 9; lower grade steady to 50c oS at $6.50 @7.50; sheep, steady; fat ewes, $2.50 @3.50. By United Press EAST ST. LOUIS. Hi.. Feb. 20—Hogs— Receipts. 8.500: market active. 15 to 25c higher: top bulk. 150-210 lbs.. [email protected]; 230-250 lbs.. [email protected]: 260-350 lbs.. $6.50® 6.85; sows. [email protected]. Cattle—Receipts. 1.000; calves. 500; very few steers on sale; vealers. 25c lower at $10.25; other classes in light supply, generally steady. Sheep— Receipts. 500; few choid* lambs to city butchers steady, with best kind at $9. No sales to packers. By United Press FT. WAYNE. Ind., Feb. 20—Hogs—Market, 15@35c higher: 100-140 lbs.. $6.75; 140160 lbs.. $7.25 160-180 lbs.. $7.60; 180-200 lbs.. $7; 200-210 lbs.. $7.35: 210-220 lbs., *7.25; 120-230 lbs., $7.15; 30-240 lbs., $7; 40-260 lbs.. 56.85; 260-280 lbs.. $6.75; 280300 lbs. $7.55; 300-350 lbs.. $6.35; roughs. $5.25; stags. $7; calves, $10; stags, $4; calves. $10; lambs. SB.

Dow-Jones Summary

NEW YORK—Cables opened at 4.85 21-32 against 4.85 11-16; Paris checks, 123 90; Amsterdam 12.107; Italy. 92.805; Berlin. 20.437. Hiram Walker, Gooderham & Worts, Ltd., declared regular quarterly pay record Feb. 20. Chesapeake & Ohio including Hocking Valley January surplus after charges $2,088,651, against $3,127,294 in 1930. H. F. Wilcox Oil and Gas offers common stockholders rights to subscribe to 7 per cent preferred stock series A in ratio of one share for each 40 held at SIOO a share. Rights expire March 18. Republic Steel operations average 47 per cent of capacity its operations in Youngstown district at 80 per cent. January cigarette production increased 693,439,403 from month ago and decreased $40,316,703 from year ago to 9,368,770,831. Cigars increased 31,216,818 and declined 62,143,670, respectively, to 391,392,330. Snuff Increased 584.539 pounds and declineif 135,353 pounds respectively to 3,630,508. Manufactured tobacco increased 5,397,131 and declined 1,182,227 pound* respectively to 28,066,310 pounds. St. Louis Southwestern, second week February gross $359,800. against $440,931 like week, 1930; from Jan. 1 to Feb. 14, gross $2,087,600, against $2,674,661. Abbott Laboratories in 1930 earned $3.32 a share against $4.91 in 1929. Hathaway Mfg. Cos. omitted quarterly dividend of $1 due at this time. Chicago Yellow Cab Company, 1930 net profit $3.02 a share against $4.46 in 1929. Drug Inc & Subs including results from Jan. 1. 1930 to date of acquisition of Household Products Inc. and Vick Chemical Cos. 1930 net profit $6.03 a share on 3,501,499 shares, against $6.90 a share on approximately 2,465.700 average shares outstanding during 1929. Brokers’ loans increased $33,000,000 in week to $1,772,000,000; non brokers loans declined $18,000,000; reserve system ratio, 84 per cent against 83.5 per cent week ago and 78.5 per cent year ago; New York ratio at 87.8 per cent against 86.6 per cent and 75.1 per cent respectively; no announcement on rediscount rate now at 2 per cent. Dally average volume of federal reserve bank credit outstanding during week ended Feb. 18. was $940,000,000, decrease of $8,000,000 from previous week and $243,000.000 from like 1930 week; member banks in New York City report loans on securities. $3,114,000,000 against $3,050,000,000 a week ago; all other loans $2,342,000,000 against $2,463,000,000: total loans. $5,456,000.000 against $5,513,000,000. National Power and Light Company and subs 1930 net income $1.99 a share on 5.447.919 common shares against $2.17 a share on 5.434.727 shares in 1929. Efigineers Public Service Company declared regular quarterly dividend of 60 cents on common, payable April 1, record March 17. Wilcox-Rich Corporation declared regular quarterly dividend of 62% cents on Class A, payable March 31, record March 20. New York City $100,000,000 bond sale will be held March 4 at noon; coupon rate will be AVt per cent; of the total amount $60,000,000 consists of fifty-year rapid transit corporate stock; $30,000,000 one to forty-year serial bonds, the bulk of which will be for schools and $10,000,000 one to fifteen-year serial bonds for various purposes. Cream of Wheat Corporation 1930 net profit $3.11. a share against $3.13 in 1929. Driver-Harris Company year ended Dec. 31. net profit $259,568, after depreciation, interest and federal taxes, against $953,50. in 1929. Neptune, 1930 net $3.19 a combined Class A and Class B common share against $3.06 a combined share in 1929. Marriage Licenses Jack H. Richardson, 37, of 531 Virginia, stage hand, and Gladys M. Burls, 24, of 1202 Fletcher. Alfred Siestema, 21, of 810 North Bancroft, salesman, and Nellmarie Beck, 18, of 2137 North New Jersey. Royal W. B. Gould, 27, of Anderson, pharmacist, and Hilda G. Koontz, 25, of 130 South Elder, clerk. Harry E Godwin, 24, of 818 West Market, salesman, and Nancy B. Marsh, 21, of 14 Hampton court. Eldon E Gordon, 30, of 18 Myron, foreman, and Elizabeth Leslie, 35, of 135 East Twentieth, stenographer. Edward F. Wood, 38, of 619 Russell, engineer, ar.d Emma M. Summers, 27, of 814 South Meridian. Births Girls Charles and Ruth Killiom, Coleman hospital. Virgil and Florence Sly, Coleman hospital. Thomas and Cleo Walton, Coleman hospital. Paul and Mildred Willoughby, Coleman hospital. Wililam and Armenia Kriner, 1309 West Thirty-ointh, Cecil and Sara Baxter, Coleman hospital. . Charles and Beulah Beaver, Coleman hospital. Frank and Legora Calvert, Coleman hospital. Elmer and Nora Crowder, Coleman hospital. George and Sylvia Dan, Coleman hospital. Oscar and Emma Eubanks. Coleman hospital. Paul and Audrey Lewellyn, Coleman hospital. James and Marjory McClelland, Coleman hospital. Harry and Mary Owens, Coleman hospital. Forrest and Willie Rice, Coleman hospital. John and Margaret Sullivan, Coleman hospital. Harry and Lelah Vanclviar. Coleman hospital. Boys Claude and Edith King, Coleman hospital. Harrison and Jone Marsh, Coleman hospital. Roy and Frances McDonald Coleman nospital. Elbert and Anna Higgins, 3925 East Thirty-first. Frank and Wanda Brandenburg, Coleman hospital. Henry and Lucy Erwin, Coleman hospital. William and Betty Huber, Coleman hospital. William and Betty Huber, Coleman hospital. Dallas and Catherine Ingels, Coleman hospital. Mike and Flora Oakes, Coleman hos* pitaL Deaths Juanita Kelley, 15, Riley hospital, broncho pneumonia. David Henry Wright. 74. city hospital, broncho pneumonia, William Hood. 5. city hospital, cerebro spinal meningitis. Mary Booth. 36. Methodist hospital, peritonitis. William Riley Marsh, 76. city hospital, chronic nephritis. Willard Sink. 36. Long hospital, general peritonitis. William Taylor Fulford. 63, Long hospital. carcinoma. William A. Stader, 70. 1808 Zwingley, arterio sclerosis. Elizabeth Harris. 51. 2844 South State, acute dilatation of heart. Mabel Tapp. 37, 811 Hiatt, acute dilatation of heart. Earl K. Riley. 24, 733 North Bradley, Cordelia Carpenter. 46. Methodist hospital. carcinoma. Edith Johnson. 56.. 1828 Martlndale. chronic myocarditis. Amanda Funk. 79. 519 East 30th, acute dilatation of heart. Grover C. White. 44, 956 N. Jefferson, pulmonary tuberculoels. Wilbur Leib. 71. 211 North East, accidental. Isaac Smith. 57. city hosptlal. acute myocarditis. Jesse A. Hill. 81. 6140 College, cerebral hemorrhage. , , , Nina Curl. 38. city hospital, accidental. Mattie Page, 66. 453 Minerva. lobar pneumonia. s FEE LIMIT IS URGED House Measure Would Regulate Receivership Commissions. Limiation of receivership fees is provided for in a bill introduced in the Indiana house today by Representative H. Curtis Bennett (Dem., Dearborn and Ohio). The measure would fix SIOO as the minimum fee and limit commiss2o,ooo ; 2% per cent on. the first $20,00; "2% per cent on the next SBO,OOO and 1 per cent on all amounts over SBO,OOO. Calf Born Tailless VERA CRUZ, Ind., T-'eb. 20.—A calf without i) tail was ixm on the farm of William Spad'i, living near Vera Cruz.

NEW NATION IS ! ADOUT TO OE I BORN IN SPAIN! Gallant King Alphonso Is Waging Losing Battle to Save Crown. BY WILLIAM PHILIP SIMMS Scripp* Howard Foreign Editor WASHINGTON, Feb. 20.—Romantic, feudal Spain is in its last throes. It is cracking up. Anew nation is about to be born Debonair, smiling at the difficulties and dangers which beset him on every side, King Alphonso XIII is fighting with his back to the wall, trying to save his crown. But, like the dying Cyrano of Gascony who, propped aganist a tree, in vain tried with his rapier to conquer death. Alphonso is waging a losing battle. Sooner or later he must go. May Provide Brief Delay Spain’s army castle, glittering and gold-braided, may delay matters yet a while by providing a stop-gap Mussolini, but delay is all. The wind of popular revolt is rising and eventually, if peaceful methods fail, a gale of rebellion will sweap Madrid and the country clean. Once such a gale gets started, the already tottering Hapsburg throne will be the first thing leveled. And it seems such a pity, for presentday Europe probably has no abler, or more courageous monarch than 1 this unlucky thirteenth Alphonso of Spain. , Born in 1886, Alphonso was a king at birth, his father having died before the royal br.oy came into the world. Two misfortunes handicapped him from the start; one, to be bom heir to a glory that once had been. Two, to be surrounded from the very beginning, not by able statesmen, but by men living almost entirely in the past. He Has Done Well Spain, that once had owned half the known world, already had dwindled Into a little country tucked away in a comer of Europe. And her soldiers and sailors that had won for their crown so much power and glory long since had faded from the picture. Under the circumstances the remarkable thing is not that Alphonso has done so poorly, but that he has done so well. 'Nevertheless he has made mistakes and today is paying the price. The picturesque, almost medieval Spain of yesterday is about to disappear forever. Anew nation will take its place—either a liberal, constitutional monarchy paterened after England, with Alphonso just a figurehead, or an infant republic—hives, colic and all. In the Air Weather conditions at 9 a. m.: Northwest wind, 12 miles an hour; temperature, 34; barometric pressure, 30.12 at sea level; ceiling, 1,500 feet, overcast, light fog; visibility, 2 miles; field, good. Air Mail Rates Cut By Scripps-llaward Newspaper Alliance WASHINGTON, Feb. 20.—The country’s air mail operators have agreed to fly the mail for $2,000,000 a year less than they are now getting—a cut of nearly 15 per cent. Operators of the twenty-five air mail lines which criss-cross the nation, after two days of cohferring, agreed on anew rate formula and presented it to the postofflee department. Their action came after Postmas-ter-General Brown had warned that they could never expect greater air mail appropriations from congress than they are now getting. The $2,000,000 will be spent on passenger airlines. Exhibit ‘Baby’ Plane One of the new Curtiss-Wright Junior light training planes just announced will be at the Mars Hill airport this afternoon and Saturday morning on exhibition, Major H. Weir Cook, Curtiss-Wright base general manager, announced today. The plane, powered, with a 40horse power Szekely motor, pusher type, weighs 510 pounds. Woman Makes Long Hop By United Press CROYDON AIRDROME, England, Feb. 20. —A 20,000-mile trip around the world by airplane and steamer was completed today when the Honorable Mrs. Victor Bruce, British aviatrix and motorist, landed in her bluebird airplane here. Building Permits R. Schlay. addition. 1212 West Eighteenth. $609. Frank Baker, aaratre. i741 Naomi, S9OO. Alex McCord, dwelling and garage. 1120 North Bosart. $3,575. R. Sullivan, dwelling and garage, 4906 East Tenth. $4,500. Service Wrecking Company, wreck dweUing. 934-36 North Pennsylvania. S2OO. Service Wrecking Company, wreck dwelling. 25-27 East St. Joe. S2OO. Service Wrecking Company, wreck dwelling. 938-40 North Pennsylvania. S2OO. Service Wrecking Company, wreck dweU--29-31 East St. Joe. S2OO. Alvin Jose, dwelling and garage, 1461 Linwood. $4,000. Alvin Jose, dwelling and garage. 1457 Linwood. $4,000. C. T. Oliver, dwelling. 2755 Hillside avenue. $1.400. Other Livestock By United Press PITTSBURGH, Feb. 20.—Hogs—Receipts, 900; holdovers, iSO; market, 25@35c higher; 140-200 lbs., [email protected]; 100-130 lbs., [email protected]: 210-240 lbs., [email protected]; 240260 lbs., [email protected]; medium to good packing sows, $5.50@6. Cattle—Receipts, 15; market, nominally steadly; calves, receipts, 75; market, steady; good and choice vealers, slo@ll-50. Sheep—Receipts, 500; market, steady; better grade wooled lambs, [email protected]; choice clipped lambs, $8.75@9; aged wethers up to* $6. By United Press TOLEDO, Feb. 20.—Hogs—Receipts, 250; market, 15@25c higher than Thursday best time; heavies. $6.50@7; mediums, s7® 7.25; yorkers, [email protected]; pigs, [email protected]. Cattle—Receipts, light; market, slow; calves, receipts, light; market, steady. Sheep—Receipts, light; market, steady. By United Press EAST BUFFALO, N. Y-, Feb. 30.—Hogs —Receipts, 2,000; holdovers, 200; active to all Interest; weights below 210 lbs., strong to 10c higher; others 15@25c higher: bulk desirable 150-210 lbs., [email protected]; 230-250 lbs.. [email protected]; pigs, SB. Cattle— Receipts. 250; slow, steady; medium steers and heifers, [email protected]; beef cows, $4.50® 5.25; cutter grades, [email protected]; calves— Receipts, 700; Detter grade vealers, steady; others, weak to 50c lower; good to choice, Sll to mostly *11.50; common and medium kinds, $6.50 @9. Sheep—Receipts. 1,000; lambs active, 15@25c higher; good to choice. [email protected]; medium kinds and throwouts, [email protected]. RAW SUGAR PRICES —Feb. 19High. Close. January 1.57 1.55 1.55 March IJC 1.19 1.19 May 1.2$ 1.29 1.29 [July 134 138 1.38 ! September 146 1 }J* December ~.**••*•.* LW 1.53 1.53

The City in Brief

The Fountain Square hardware store. 1116 Prospect street, today became a branch of the Vonnegut Hardware Company, 120 East Washington street, as the result of purchase of the interests of Alfred Obergfel! by the Vonnegut company. New club rooms are being occupied by Police Post No. 56 and Firemen's Post No. 42, American Legion. Regular meetings will be held at the rooms, at 106 Ti South Illinois street, which were furnished through courtesy of John Welch & Sons, rental agency. “Family Life in Egypt,” viU be discussed by Mrs. Richard Lieber at the story hour program at 10:30 Saturday in the children’s museum. 1150 North Meridian street. . Dr. Thurman B. Rice of the Indiana university school of medicine will speak Monday noon at the Lockerbie before members of the Scientech Club. Annual state banquet of the Delta Upsilon Alumni Association will be held at 6 p. m. Saturday at the Marott. The Rev. T. F. Williams of Lafayette will speak. Officers will be elected. Christian Men Builders and the Girls’ Federation class of the Third Christian church, Seventeenth and Broadway, will join in a “Hatchet Racket” banquet Friday night at tjjg church. About 500 are expected. The Men’s Club of the First Presbyterian church will hold the second meeting of the year at 6 tonight in the church. The afterdinner speaker will be Thurman (Dusty) Miller of Wilmington, 0., newspaper editor and humorist. R. H. Brunkhorst, controller of the Harris Trust and Savings bank of Chicago, spoke at the monthly dinner of Indianapolis bank auditors in the Spink-Arms Thursday night. “Closer understanding between citizens and independent merchants will bring back prosperity,” Frank Ward, director of the Associated Independent Merchants, Inc., 1114 Peoples Bank building, declared today as he launched a state-wide educational drive on the importance of independent merchants to communities. Dr. Darnel S. Robinson, head of the department of philosophy of Indiana university, addressed the general assembly of the Winter’s night college at the First Baptist church Thursday night. C. A. Radford, publicity manager for the Big Four railroad, spoke before the Exchange Club today at the Lincoln. The life and story of the American eagle will be shown in three reels of movie film during a lecture of Professor C. M. Shipman of Willoughby, 0., before the Nature Study Club of Indiana Saturday night at 8 in the nurses’ home of the Methodist hospital, 1812 North Capitol avenue. Paul C. Stetson, school superintendent, and Milo H. Stuart, assistant superintendent, will leave Indianapolis tonight for Detroit to attend the National Education Association convention Saturday to Wednesday. G. E. PENSIONS NEAR MILLION DURING 1930 Sum Given Employes Increases Over Preceding Year. By United Press SCHENECTADY, N. Y., Feb. 20. Nearly $1,000,000 was paid to employes of the General Electric Company in pensions during 1930, Gerard Swope, president of the company, announced today. Payment of $903,905 during 1930, compared with payment of $739,126 in 1929, and $514,495 in 1928. NET SALES DECREASE Pierce-Arrow Reports Decline in Profits for the Year. The Pierce-Arrow Motor Car Company and its subsidiary companies for the year ended Dec. 31, 1930, showed net sales amounting to $19,016,971.94 as compared witi) $27,962,857.31 last year, a decrease of 32.0 per cent. Net profits derived from sales and other net income amounted to $1,317,070.77, against $2,566,111.74 in 1929, a decrease of 48.7 per cent. Dividends were paid on the 6 per cent cumulative preferred stock amounting to $450,000, and on the class “A” stock amounting to $98,625 and the remaining net profits were added to surplus account which showed a credit of $4,185,939.39 at the close of the year. Authorize U. S. Purchase WASHINGTON, Feb. 20—The senate today passed a bill authorizing the federal government to purchase the Hamilton (Mont.) state spoted fever laboratory. Legal Notices LEGAL NOTICE OF PUBLIC HEARING PUBLIC SERVICE COMMISSION DOCKET No. 10419. In the matter of the petition of Interstate Public Service Company And Otwell Electric Company for authority to purchase and sell certain property. Notice Is hereby given that the Public .Service Commission of Indiana wiU cond ict public hearing in the above entitled cause in the rooms of the Commission at Indianapolis. Indiana, at 10:00 o’clock a. m., on Monday, March 2nd. 1931. Public participation in this hearing Is requested by the Commission. PUBLIC SERVICE COMMISSION OF INDIANA. By J. w. Me CAROLE. Chairman. Indianapolis, Indiana. February 19. 1931. BOARD OF ZONING APPEALS. NOTICE OF HEARING. Notice i$ hereby given that Charles H. Keever has filed with the Board of Zoning Appeals of the City of Indianapolis, a petition asking permission to vary the requirements of the Zoning Ordinance By erecting a two-story brick building for grocery and ofiice rooms at 5216 College avenue. A Public Hearing will be held by said Board in Room 104, City Hall, Tuesday. March 3. 1931, at 2:30 p. m.. at which time and place all interested person* will be given opportunity to be heard in reference to the matters set out in said petition. BOARD OF ZONING APPEALS. GEO. T. O’CONNOR. President. H. B. STEEG. Secretary-Engineer. LEGAL NOTICE OF PUBLIC HEARING. PUBLIC SERVICE COMMISSION. DOCKET NO. 1215-M. • In the matter of the application of Elba Wiidt. for a certificate of public convenience and necessity to operate motor vehicles as a common carrier of passengers between Washington and Evansville. Ind.. passing through and serving intermediate points. Notice is hereby given that the Public Service Commission of Indiana will conduct public hearing in the Ibove entitled cause in the rooms of the Commission at Indianapolis. Indiana, at 10 o'clock, a. m.. on Thursday. March 5. 1931. Public participation In this hearing is I reauested bv the Commission. PUBLIC SERVICE COMMISSION OF INDIANA. f Bv J- W. McCARDLE. Chairman < Indianapolis. Indiana. Feb. 19. 1931. _ _

FEB. 20, 1931

CEMENT PLANTS RUN BY STATE. IS AIM OF BILL Millions of Dollars Can Be Saved, Legislator Tells House. Bill to establish state cement plants, which, it is claimed, would save the state and municipalities millions of dollars was Introduced in the Indiana house today. Sponsored by Representative John : F. Ryan (Dem., Vigo), labor bloc member, the bill directs that boards of the state prison, farm and reformatory to set up cement plants with money from institutional laboi funds. Ryan pointed out that tlie state highway commission, municipalities and other divisions could use the output and seve millions. "State-owned plants would provide employment for the inmates and take many away from prison factories where products are manufactured which interfere with free labor,” Ryan said. "The regular cement plant operates with but few men and would not throw many out of work.” Legal Notices WE will sell at Public Auction one Buick coupe. 1929 model, 29-54 CC. motor number 2326470. serial number 2205315. foi tn a 9?J { Q* rep , al i l n and storage, amounting 1931 22 *’ 94 ' St 10 a ' 131 ' Mondai,< March ft WASHINGTON PLAZA GARAGE LEG^, N ,9, Tl £ ; Ju O p PUBLIC HEARING PLBLIC SERVICE COMMISSION . DOCKET NO. 1214-M. In the matter of the implication o. Roy L. Estes, for a certificate of public convenience and necessity to operat motor vehicles as a common carrier o; property only, between Georgetown am New Albany. Ind.. passing through ann serving Edwardsvllle. Notice is hereby given that the Public Service Commission of Indiana will con duct public hearing in the above entitled cause in the *-ooms of the Commission 8' Indianapolis. Ind.. at, to o’clock a. m on Tuesday. March 3. 1931. Public participation in this hearing requested bv the Commission. PUBLIC SERVICE COMMISSION OF INDL4NA. By J. W. McCARDLE. Chairman Indianapolis. Indiana. Feb. 19. 1931. LEGAL NOTICE You are hereby notified that the good you ha tve in storage will be sold foi charges unless said charges are paid on or before Feb. 28. 1931. Walter’ McClain. Rufus Williams. Mr.Thomas Franklin. E. F. Dillihav. Laurence Weaver. Jessie Brown. John Robertson. A R. Bowles. Earl Brown. Ivan Print?, Ro-. Sherma'n, H. Randle. J. M. Ayres, L. (. Plaske. Laurence Doyle. Everet Hamblen, E. L. Burkholder. Grace Wheeler. J. B Plummer. Katherine Thomas, Charles T Gift. Hattie Plue. Harrold Cordell. Ira Irons, Mrs. Evans. Oscar Smith. V. 1 Morgan. N. Bibb. Connie Mack, Kenneth Ault, Dora Case. Mrs. H. E. Mayer. Lewis Stroder, Mrs. O. C. Ashley, Grace Gilbert. Henrv Williams, Mrs. Mary Reed William Reidel. Paul Kfrsch, Ira Elmore. Mrs. C. H. Johnson. Mr. and Mrs. Harrv Stuck, Harry Smith. N. CLYDE MAY TRANSFER AND STORAGE COMPANY. SIBB,OOO 4 PER CENT BONDS. NOTICE OF SALE OF BONDS. Notice is hereby given that bids will be received by the Board of School Commissioners of the City of Indianapolis, Indiana, at the southwest corner of Meridian and Ohio streets, in the city of Indianapolis, Indiana, until 12 o'clock noon, March 13, 1931, when bids will be. opened for the sale of One Hundred Eighty-eight Thousand dollars (SIBB,OOO I of bonds of said School City. Said bonds shall be 188 in number and numbered from 1 to 188 inclusive, each one for the principal sum of SI,OOO. They shall be dated March 17, 1931, and shall bear Interest at the rate of four per cent (47) per annum, which said interest shall be evidenced by interest warrants or coupons attached to each of said bonds and maturing on the first day of July and January in each year until the principal shall be paid, the coupon of July Ist, 1931 being for interest to that date. Said bonds shall mature on January Ist of each year beginning with January Ist, 1932, and ending with January Ist, 1962, and there shall mature of the principal of said bonds on each said January until and including January Ist, 1961, the sum of $6,000 and on January Ist, 1962 the balance of said principal in the sum of SB,OOO shall mature. Said bonds shall mature on the days aforesaid in the order of their serial numbers. Said bonds are being Issued for the purpose of raising funds to erect one new elementary school building to be known as school No. 82 located at English and Worcester Avenues in the city of Inidanapolis, Indiana. Bids to be in sealed envelopes addressed to the Board of School Commissioners, southwest corner of Meridian and Ohio street. Indianapolis, Indiana, endorsed • Bid for School Building Bonds of March 1931." A prospectus of said bonds, form and envelopes necessary to be used in bidding will be furnished upon application to the undersigned. Said bonds will be issued by the undersigned pursuant to formal corporate action taken by this Board on the 25th day of November, 1930 and February 17, 1931, pursuant to the Indiana Statute of February 10th, 1919 (Acts of 1919, Page 6.) The full right Is resedved by the Boa>-d, In its discretion to reject any and all bids. Each bid shall be accompanied by a Cashier’s check on a responsible Indianapolis bank or trust company or a check certified by such a bank or trust company and payable to the order of the Board of School Commissioners of the city of Indianapolis for at least three per cent (3%) of the face value of the oonds bid for. THE BOARD OF SCHOOL COMMISSIONERS OF THE CITY OF INDIANAPOLIS By A. B. GOOD, Business Director. Indianapolis, Indiana, Feb. 20, 1931. Death Notices CARPENTER, CORDELIA—Wife of Virgil, mother of Floyd C. and Maurlne E. passed away Feb. 18. Funeral Friday. 2 p. m.. at residence. 2720 West Washington street. Burial at Columbus, Ina Saturday. Friends Invited, ' DAVIS, ELIZA ELLEN—Age 63 years beloved wife of Henry F. Davis and mother of Clara and Hansel of Indianapolis Robert, Mrs. Isabel! Blaak and Minnie Davis all of Alexandria; Charles Davis, address unknown, and Mrs. Margaret Baxter of Mt. Clemons, Mich., passed away Feb. 18. Services at the Englewood Christian church Sunday at 2 p m Burial Buck Creek Chapel cemetery: Friends invited. LITTLE & SONS ui _ charge. GRIFFITH, SVA J.— (nee Noble) wife of the late Calvin Griffith and mother oi D. V. Griflith of Indianapolis, Mrs. Chas Patterson of Franklin and Mrs W. A Lancaster of Greenwood, passed away at her home east of Greenwood, Friday. Feb. 20th.. Funeral Sunday, Feb. 22 i p. m. at the home. Friends invited Burial Greenwood cemetery. HOGUE. JOSEPH L —Passed away in Lake Worth, Fla., Monday a. m. Friends may call at the residence, 830 W. 31st st l s f te D, W f, ed^es^ ay % 7 Services at St. Paul M. E. church Saturday. 2 p. m Friends invited. Burial Crown Hin ir charge of North Park Masdnic lodge M'GEE, BUBHANA— Widow of Isaac McGee, mother of Mrs. Francis Leit of 2002 Ralston Ave., and Mrs. Nora Cook departed this life Thursday, Feb. 19’ age 80 years. Funeral Monday. Feb. 23 a* MOORE & KIRK FUNERAL HOME 2530 Ration St. 10 a. m. Burial Kokomo Ind. Friends Invited. (Kokomo papers please copy.) H MORRIS, EMMA DROTZ—Passed awav Thursday a. m. at East Orange. N J mother of Dwight Morris and Jean Eller and sister of Lena Van Deman, and aunt of Mabel Van Deman. Services at the PLANNER * BUCHANAN MORTUARY Monday. 10:30 e m. Friends invited Burial Crown Hill . NOLL, FRANK j. SR.—Age 79. died Feb 20, at the home of his daughter Mrs E. B. Leppert. 4315 Central avenue. Other surviving children are Alfred F. Noll Frank I. Noll. Martin W. Noll Ind the Rev. Raymond R. Noll, all of Indianapolis. and Clem W. Noll of Cincinnati Funeral from the residence Monday at 9:30; St. Joan of Arc church at 10 o’clock. Burial at Holy Cross cemetery Please omit flowera. In Memoriam Notices WINDISCH —In loving memory of our dear wife and mother. Caroline Wtndiseh. who passed away 3 years ago today. Feb. 20 Deep In our hearts are the loving memories you left with ut today. HUSBAND AND CHILDREN IF YOU DON’T FIND what you are loot lng lor in the want ads today, it may be advertised her* tomorrow. Read Time* classified ads dally. Funeral Directors WM D. BEANBLO6BOM. Mortuary Phone Be. 1588. 1321 . Ray Bt W. T. BLASENGYM Main office 2230 Shelbw St Draaal 3810 George Grinsteiner ! Funeral