Indianapolis Times, Volume 42, Number 246, Indianapolis, Marion County, 21 February 1931 — Page 10
PAGE 10
GRAIN MARKET UNEVEN AFTER EARLY ADVANCE Corn Futures Are Lower on Profit-Taking Sales in Late Selling. By United Brest CHICAGO. Feb. 20.—Profit-taking *aies toward the close erased a good part of the early sharp advance on the Board of Trade today, the market .showing evidences of an overbought condition. Chicago moved in close unison with Winnipeg throughout the day, rising strongly early on the favorable foreign news. There was a noticeable lack of pressure until near the close. Corn was easy at times, closing lower on late selling after advancing with wheat around mid-day. Oats eased toward the last. At the close old wheat was unchanged to % cent higher, new wheat was unchanged to % cent lower; corn was % to 1 cent lower, and oats were cent lower to Vs cent higher. Provisions were steady to strong. Millers were reported buying air kinds of wheat at Liverpool, the sentiment having turned bullish overnight, and at the close prices were l l * to 1% cents higher. Buenos Aii'es was up 2U cents at midday, largely due to an advance in the exchange rate. Cash prices were unchanged to '* cent higher. Receipts were 105 cars. Short covering in coni on the strength in wheat resulted in higher prices in the former grain. There j was some profit-taking on the rise, | but the tone was firm and at mid- j session the market held a 's to %c gain. Receipts at most points continue large as the farmers are taking advantage of the good weather to move their grain to market. The movement is so large that the government’s report on March 9 is expected to show very little corn left in farmers’ hands. Cash prices were unchanged. Receipts were 161 cars. Gats partook of the strength in other grains and advanced early. Scattered selling left the market unchanged to 3 sC higher early. There was no feature. Cash prices were unchapged. Receipts were 22 cars.
Chicago Grain Table —Feb. 20WHEAT— Prev. Open. High. Low. Close, close. Mar. (Old) .79% .79'* .79% 79 1 .79'/. (New) .79% .79% .79% .79% .79% May (old( .82'* .82% .82'* .82% .82',a (New! .83 H .83% .83% 83% .83% July ... ,69% .70% .89 % 69V -89 '* Sept 70'/a .70*. .69% .69% .69 Vi CORN Mar (Old) .63"* .64 .62% .62'/. .63'/. (New) .63% 64 V. May (Old*) .66 66". .64% .64% .65V. (New) .67 .67V, .65% .65V* .68'* July 67 3 .68'* .66% .66% ,67V. Sept 67 .67'* .66 66’. .66% OATS - Mar. (Old) .33'. .38Vi ,33% .32% .33'/. (New ( .33" h 33V. .33% .33',. .33',* Mav (Old) .33%' .34 .33% 33V. .33% (New) .34 .34 .33 3 T .33% .33% July 33'* 33 5 . .33 .33 .33'* 6eot 33 s . .34 .33% .33% .33% Mur. (old) .41 .41 .39% .39% .40% (New) .49% .40% ,40.40 Mav (Old) .43% 44 .42% .42% .43 (New) .44-% .45'/. .43 Vi .43 Vs .44% July 43% .44% .43 43 .42% Sept 44’* .43 V. .44V .44% .44% LARD— Feb 8.00 7.97 Mar 8.07 8.10 3.07 8.07 8.00 May 8.25 8.27 8.22 8.25 8.15 July .... 8.37 8.40 8.37 3.40 8.32 Sept 8.52 8.57 8.52 8.57 8.47 BELLIES - May 10.40 10.37 July 10.50 10.45 tip Times Special CHICAGO. Feb. 20. Carlots—Wheat. 64. com 175. oats 18. CHICAGO. Feb. 20.—Primary receipts: Wheat, 1.217,000 against 750|000; corn, 851.000 against 1,331,000: oats. 323,000 against 304.000. Shipments: Wheat. 501,000 against 425.000; corn. 550,000 against 577,000; oats, 478,000 against 357.000.
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New York Stocks Bv Thomson 6* McKinnon’ —————
By United Press NEW YORK. Peb. 21—Sales on the New York Stock Exchange today totaled 3,800,000 shares. Curb Stock Exchange sales totaled 591,000 shares. —Feb. 20— Prev. Railroad*— High. Low. Close, close. Atchison 200% 199% 300% 200 V Atl Coast Line.. .. ... ... 110, Balt* 0hi0... 84% 84 84 84% Chesa k Ohio . 44’, 44 44U 44V* Chesa Corp 50 49'a 49’/a 48 Chi Gr*. West... 7;!* .7,, Chi N West .44 43% 43* 43V* CR I ItP.i ... 60% 60% Del L k W 94% Del Hudson •• Erie .. 35 36% Erl- lit pfd ... .. 42% 42'a Great Northern. 68* 67% 68 68 Illlnoi.i Central 86* 86 Lou k Nash 108* 106 MKl' 1 ~ 34* 23% 23T 24* Mo Pacific b/d 105 105 N V Central ..128% 127% 128 V, 127-. NV NH k H 90’a 90 90'* 90% Nor Pacific . ... 58! * 56!* 56'a 58', Norfolic k West. .. an 3 ', 213% Ok W 7 Pennsylvania .. 8’2% z 62'* 62% 62 Seaboard Air L % . Vs Bo Pacific 107% 107'a 107!* 107 s * Southern Rv .... 64V, 61 61 61 St. Paul 7% 7% 7% 7 * St. Paul Pfd 13V, 13 13% 12-a St Lk C F 60 Va 60 60 60 Union Pacific ...202% 202:, 202 Wabash 19 19% W Maryland .... 18% 17% 17% *8 Equipments— Am Car k Fdy.. 36% 35% 34 34% Am Locomotive.. 27 28!* 26% 26!* Am Steel Pd.... 31% 29!* 30 29% Am Air Brade S 37 36% 37 36% Gen Am Tank... 69% 69 69% 68% Oeueral Elec .. 51% 50', 51 49% Gen Rv Signal.. 806 76 78 3 16 Lima Loco 30% 29% 29% 30 N Y Air Brake. .. 23% 23 23% 22% Press Stl Car 6!* 6% 6% 6% Pullman 55% 53 53% 52; Westingh Ar B . 35% 34% 35% 34% Westingh Elec .100% 98!* 99% 9i% Rubbers— .... Firestone 17% 17% 17% 17% Fisk % % % ,_% Goodrich 18% 17% 18% 17% Ooodvear 48% 46% 48% *6% Kellv Srplngfieid .... 1% 1% U 8 Rubber 15% 14% 15!a 14V, Motors— Auburn 201 187 1 99 190% Chrysler 22% 20% 21% 21 Gardner • ... 1% ..... Graham Paige . 4% 4% 4% 4% General Motors 43% 43 43% 42% Hudson 23% 21% 23 21% Hupp 12% 11% 12% 11% Mack 42% 41% 42% 41% Marmon 8% 6% 8% ... , Nash 37% 34% 37% 34% Packard 11% 10% li% 10% Plerce-Arrotv ..23 23 24 ... Reo 8% 8% 8% 8% Studebaker . .. 24% 23% 24's 23% Yellow Truck .. 14 12% 13% 12% Motor Access— Bendix Aviation. 24% 22% 24% 23 Borg Warner.-.. 29% 28% 28% 29% Briggs 21% 20% 21 21! a Budd Wheel ... 12% 11% 12 11% Campbell Wy .. 15 14% 14' 14% Eaton 19% 18% 13% 18% El stor B 60% 39 60 % 59 Hayes Body .... 4% 4V* 4% 4% Honda 7'* 6% 7. 6% Motor Wheel .. 19 18% 18!i 19 Sparks W 11% 11% 11% 11% Stewart Warner 18% 18% 18% 18% Tlmkin Roll .. 57%”' 56 56% 56V4 Mining— Am Metals .... 22% 21% 22 21% Am Smelt ..... 53** 52% 53% 52% Am Zinc 6% 5% 6% 5% Anaconda Cop 39% 38% 39% 39% Cal k Hecla ... 10% 9% 10 10% Cal k Ariz 40% 4040% ... Cerro de Pasco 28% 37% 27Va 28% Dome Mines ... 10 10% Freeport Texas. 42 40% 42 40% Granby Corp ... 20% 19% 19% 20 Great Nor Ore.. .. ... 21% 21% Howe Sound ... 27% 26% 26% 26% Int Nickel 19% 18% 18% 18% Inspiration 10% 10!4 10% 10% Kennecott Cop.. 29% 29 29% 29% Magma Cop ... 26 25% 25% 26 Miami Copper.. 10% 9% 9% 9% Nev Cons 13% 12'% 13% 13% Texas Gul Sul.. 54% 53% 54 52% U S Smelt 21% 21 21% 21 Oils— Amerada 19’/* 19 19% 19% Am Republic... 10% 9% 10% ... Atl Refining .. . 22% 31% - 22% 21% Barnsdall 13% 13 13% 12% Houston 12% 11% 12 Vi 11% Indian Refining 3% 3% Mex Sbd 18% 17% 18% 17 Mid Conti 15% 14% 15% 15% Phillips 14% 13% 14% 13% Pr Oil k Gas .. 17 15% 17 15% Pure Oil 10% 10 10% 10 Richfield 5 4% 4% 4% Royal Dutch ... 41% 41% 41% ... Shell Un 10 9% 10 9% Simms Pt 9% 9% 9% ... Sinclair 13 12 V, 13 12% Skelly 10% 9% 10 9% Standard of Cal 50% 49% 50% 49 Standard of N J 51% 49% 51% 49’,; Standard of N Y 25% 25% 35% 29% Texas Cos 34% 33% 34V* 34 Union Oil 24% 24!* 24% 24% Steels— Am Roll Mills... 37% 36V, 36% 36% Bethlehem 64'* 63% 64 V* 63 Byers A M 69% 66 68 % 64% Colo Fuel 31% 30 31V, 32 Cruc Steel 61 Inland 70 68V* 70 68 Ludlum 18% 17% 18 18% Midland 40% 29V* 29% 29% Newton 24 23 23% 22 Repub Xk S ... 24% 23% 23% 24 II S Steel 149 147V* 147% 148’/* Vanadium 73'/, 71% 71% 71% Youngst S&W. 28 25% 27% 25V, Youngst 8 & T.. 76 75 76 Tobaccos— Am Sumatra io'/. Am To (Anew). 116V* 115*% 116', 115% Am To (B new).llß 116% 117!* 116% Con Cigars 37 34 35% 36% General Cigar 45 44 V> Lig k Myers B. 88% 37'* 88% 88 Lorillard 18 16% 17V* 17 Phil Morris 18% Reynolds Tob .. 46% 45% 46% 45% Tob Pr A 12% 12'/, Tob Pr B 2% 3 United Cig 5% 5% 5% 5% Utilities— Abttibi 10% 10% 10% 10% Adams Exp 22% 22 % 22’* 22 Am For Pwr .. 43% 41% 43% 40% Am Pwr & LI.. 56% 54% 55% 54% AT&T 197% 195 197% 194% Col G& El ... 41 39% 40% 40 COm k Sou ... 10 9% 10 10 El Pwr &Li .. 55% 53% 54V* 53% Gen Gas 7% 7% 7',* ... Inti Tk T 35V, 33% 35% 33 Natl Pk Li .. 41% 40% 40% 40% N Amer Cos 84% 83% 84% 82% Pac Gas <fe El .. 48% 48V, 48% 47% Pub Ser N J .. 86% 85 ‘4 85% 35% So Cal Edison .. 51% 51 51% 51 Stdw G&EI .. 76% 73 75 72% United Corp ... 24% 23% 23% 23% Ut Pwr k LA.. 29'/, 27% 29 28 West Union .143% 143 143'* 142% Shipping— Am Inti Corp .. 23 22% 22% 22',* Inti M M pfd .... 16 United Fruit .. 61% 61% 61% 6i%
Produce Markets
Eggs (country run)—Loss off delivered in Indianapolis. 10c; henery auality No. 1. 13c: No. 2. 10c. Poutry (buying prices)—Hens, weighing 5 lbs. or over. 17c: under 5 lbs., 16c; Leghorn hens, lie: capons. 7% lbs. up. 28c: 6%-7V* lbs., 24c: under 6% lbs.. 20c; springers. 5 Ibg. or over. 17c: or under 5 lbs. 17c: ducks, springers, lie; old cocks. 9® lie: ducks, full feather fat white 9c; geese. Bc. These prices are for No. 1 top aualitv auoted by Kingan & Cos. Butter (wholesale) No. 1. 30@31c; No. 2. M7®2Bc. Butterfat—2sc. Cheese (wholesale selling price per pound)—American loaf. 31c: pimento loaf, 32c; Wisconsin firsts. 27c; Longhorns. 34cNew York LUnberger. 36c. By United Press NEW YORK, Feb. 20.—Potatoes—Market e 2. k: *a®3.7S bbl.; Maine. $3.,5®3.35 bbl.: lc:.io. 45c® $2.60 sack: Bermuda. $6.50®9 bbl.; Canada, 50c® $3.50 bbl. Sweet Potatoes—Market easy; Jersey baskets, 65c®3.50: southern baskets. $1.7562.25. Flour—Market quiet and firmer: spring patents. 54.60kc4.90. pork Market quiet; mess. $26.50. Lard—Market dull: middlewest soot. $8.20®8.30. Tallow —Market firmer: special to extra. 3%@ 3%c. Dressed Poultry—Market steady to firm: turkeys. 31(<t43c; chickens. 20®39c: broilers. 30®50c: capons. 26®46c: 14®24c: ducks. 15®22c; Long Island ducks. 22%® 24c. Live Poultry—Market firm: geese, 13 ® 19c; ducks. 15®28e: fowls, 23*26c; turkevs. 30® 40c; roosters. 15®17o: chickens. 20® 38c: capons. 22®40c; broilers. 30 ®soc. Cheese—Market aulet; state whole milk, fancy to special. 17®23%c; Young America. 17®20c. By United Press 1 CHICAGO. Feb. 20.—Eggs—Market firm; receipts, 17.503 cases: extra firsts. 17%c; firsts, 16%c: ordinaries. 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; receipt*. 2 cars: fowls. 18®21c: springers, 26c; leghorns. 18c; ducks. 23c; geese. 14c; turkeys. 25c; roosters, 15%c. Cheese Twins. 14®14%c: Young Americas 16% ® 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. $1.5001.60: Colorado McClures. branded. $1.70® 1.85. By United Press CINCINNATI, 0.. Peb. 30.—ButterSteady; creamery In tub lots according to scote, 25®27c; common score discounted. 2®3c; packing stock No. 1. 20c; No. 2,15 c; No. 3.10 c; butterfat, 33625 c. Eggs—Steady; cases included: extra firsts. 16%c; firsts, 15c: seconds, 13%c; nearbv ungraded, lf,c. Lives poultry—Thin and coarse stock sell only at 'heavy discount: fowls, 5 lbs. and over, 18%c; 4 lbs. and over. 21i,: 3 lbs. and over. 2le: Leghorn,;. 3 lbs. and over. 18c; roosters, 13c; capons, *, lbs- and over, 32c; under 8 lbs.. 28c; s£a *s, J7c; ej'jted fryers over 3 lbs., 32c; over 3 lbs., 35c; Leghorn and Orpington fryers over 2 lbs., 23c; broilers new crop full feathered 1% lbs. and over. ♦oc: roasting chicks. 4 lbs. and over. 28c; black springers, 15c By United Press CBEYELAND. Feb. 30.—Butter—Extras, 28%c; standards. 28%c. Eggs—Extras. 1* V' Jl rs£ *' 16%® 17e. Poultry—Heavy fowls 33c; medium 33c: Leghorn fowls 18c; heavy broilers. 21®23c; Leghorn broll--515i„L Sc; l ? ucks ’J sc; 01 and cocks. 13c; geese 15®lc; steps, 20c; capons No. 1. 28®33c Potatoes—Maine Green Mountain. $3.35'Mah .o mostl; $2.1002 15 per 100-lb. sack.
Foods— Am Bug 54% 53% 53% 52% Armour A 3*, 3% 3’-, 3% Cal Pkg 49% 49% Can Dry 36% 35 36% 34% Childs Cos 32% 32% 32% 32% Coca Cola 165'j 163 164 163 Cont Baking A. 27% 27% 27', 27% Corn Prod 86% 35% 86 86% Crm Wheat 29% 29% 29% 29% Cudahy Pkg . 45% 49 45% 44% Cuban Am Bug 4 4 Gen Foods 54% 54 54% 54% Grand Union .. 16% 15% 16 15% Hersey 94% 93% 94% 94 Jewel Tea 55% 55% 55% 54% Kroger 27% 27!, 27% 27 Nat Biscuit 83% 81% 82V* 82 Pillsbury 30 Safeway St .... 62% 60V, 61% 60% Std Brands 19% 19 19% 19 Ward Bkg 6% ... Drugs— Coty Inc 13% 13% 13% 13% Lambert Cos 82% 81%, 81% 82% Lehn k Fink... 32* 31% 32 31% Industrials— Am Radiator... 19% 18% 19 18% Bush Term 30 30 % Certainteed 4% Gen Asphalt - 441, Lehigh Port is 18 Otis Elev 55 54 54% 54% Indus Chems— Allied Chem ... 178 163% 177 167% Com Solv 20% 19% 20% 19% Union Carb ... 66% 65% 65% 65% U S Ind A1c0... $8 67% 67% 68 Retail Stores— Assoc Drv Goods. 28 26% 27 26% Gimbel Bros ..... 7% 7% 7% 7% Kresge S S 27'* 26% 26% 27 Mav D Store ... 35 34 34 34% Mont Ward 24% 23% 23V* 23% Penny J C 38% 37% 37V, 37% Schulte Ret St... 5% 5% 5% 5% Sears Roe 57% 58% 57% 56% Woolworth 64% 63'* 63% 62% Amusements— Col Graph 12V, 11% 12% 11% Eastman Kod ...172% 170% 172 171 Fox Film A 37’* 36% 37 37 Grigsby Gru .... 4% 4% 4% 4’* Loews Inc 62 3 , 61'® 62 62 Param Fam 49'* 48% 49% 48% Radio Corn 20% 19V* 20% 18'* RK O 22% 21% 22V* 21% Schubert 8% 7% 8 6% Warner Bros ... 19V, 18", 18% 19 Miscellaneous— Airway App 10% 9% 10 9% City Ice k Fuel 37 Congoleum 11% 11 11 10% Am Can 125% 123'* 125 V, 123 Vi Cont Can 58% 58 58% 57V, Curtiss Wr 4% 4% 4% 4% Gillette S R .... 32% 32 32 31% Rea! Silk 28% 28 28 33% Un Aircraft 34% 33% 34 57'* Int Harv 58V, 57% 57'* 57
Indianapolis Stocks
—Feb. 20Bid. Ask. American Central LI Inc Cos.. 1,000 Belt RR k B Yds Cos com... 42'* 45’/, Belt R R Yds Cos pfd 51 56 Bobbs-Merrill Cos •Central Indiana Pw Cos pfd 7s 78 82 Circle Theater Cos com 7s ... 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 Indpis Gas Cos com 6s 36 61 Indpls Pwr Lt k Cos pfd 6'*5.104 106 Indpis 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 pfa 7s 99'* 102'* Metro Loan Cos 8s 101 N Ind Pub Serv Cos pfd s'*s.. 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 7s ... 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'* 30!* Real Silk Hosiery Mills pfd... 85 90 Ross Gear k Tool Cos 27 30 Standard Oil Cos (Indiana) ... 34% ... Studebaker Corporation 23 25 •Ex-dividends. Bonds Belt RR k Stk Yds Cos 4s .. 85 Broad Ripple Trac Cent Ind Gas Cos 5s 99 Citizens Street Railroads 5s .. 23 27 Home T & T of Ft Wayne 6s. 102% Ind Railway & Light Cos 55.. 96 Indpls Pwr k Lt Cos 100% 102 Indianapolis Gas Cos 5s 100 103 Indpls k Martinsv Ra Hr Cos 5s 15 ... Indpls k 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 k Ref 5s 99 Indpls Water Cos 4'As 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% ioo
New York Bank Stocks
(By Thomson k McKinnon) Bid. - Ask. America 67'* 70'* Bankers 123 126' Brooklyn Trust 542 552 Central Hanover 270 275 Chase National 104% 107% Chatham Phoenix Natl ... 80 83 Chemical 50% 52% City National 105 108 Corn Exchange 129 133 Commercial 320 335 Continental 21% 25% Empire 53 61 First National 4,025 4,225 Guaranty 560 565 Irving 39 41 Manhattan & Company ... 92% 95% Manufacturers 51% 531,., New York Trust 190 195 " Public 61 s/ 4 6434
Cash Grain
—Feb. 20— The bids for car lots of grain at the call of the Indianapolis Board of Trade i; o- b., shipping point, basis 41 %c New \°rk rate, were: Wheat—No. 3 red, 68% ®69%c; No. 2 hard, 68%®69%c. Corn— Strong; No. 3 white. 57®58%c: No. 4 white, 55(®)57c: No. 3 yellow, 51%@56c- No 4 yeuow, 53®54%c; No. 3 mixed, 526 54c No. 4 mixed. 51052 c. Oats—Steady; No. 2 Si 114 ?- 30 ® 3 1c; No. 3 white. 29®30c. Hay —Steady (FO. o. b. country points taking or J ess , ra f s to Clucinnati or Louisville) No 1 timothy, $15>15.50; No. 2 timothy. $14014.50: No. 3 timothy, SI2S 14, No. 1 light clover mixed, $15(015.50h?,’, I . c , l^' e ,VTi xed - * ls -50@16; No. 1 clover nay, $L0®16.50. —lnspections Wheat—No. 1 red. 3 cars. Total. 3 cars. Corn—(new) No. 3 white. 8 car- No 4 white. 1 car; No. 3 yellow. 17 cars; No. 4 yellow, 18 cars; Sample yellow. 2 cars; No. ’ 1 /4 :a . r: ,’r 0 - 4 , tnixed, 2 cars. Total. l?v,it ars i Oats—-No. 1 white, 1 car; No. 2 5 cars 3 CarS ’ N °’ 4 whl t. 1 car. Total. By United Press u,w CA h°’ 1 Fe j- 2?;~ Cash grain, close: 1 red. 79%c: No. 2 red. 78% ® 79c. No 1 hard. 79%c: No. 3 hard. 77'-c. C ]r~ i iP- 3 mi x e d. 60/<i.6l : ic; No. 4’ mixed, 59%c No. 5 mixed. 57®57%c; No. 2 yellow. 62%®63%c; No. 3 yellow, 60%62%cJ l ®-. , 4 veUow. 58%%60'ic: No. 5 yellow I s o ’ 2 v.y hlt fi 6 <Hc; No. 3 white. No. 4 white. 59®60c. Oats—No. 2 £}£*’ 25?-' No - 3 white. 32'*®33c.; No. 4 white. 30'*c. Rye None. Bariev—39® 60c. Timothy—sß.7s®9. Colver. $13®20.75.
New York Curb Market
—Feb. 20— (By Thomson k McKinnon) Close: Close Am. Com Pwr.. 16% Mo Kan Pipe... 6% Am Gas & E!.. 80 Mt. Prod ...m 514, Am Lt k Tr... 48%,National Sugar. 32% Ark Gas 6%[National Av ... 7% Aviation of Am 23 N-nal Inv ... 5% Brazil p & L.. 26% Ne.*mcnt Min.. 54% £?♦? Marc •••• 3 3 4 Nia Hud Pwr.. 12% Cities Serv ... 19% Noranda 18% Cons Gas 93 Penroad 7% Gord 10% Prince k Whtiv 1% Crocker * Wh 17% Salt Creek ..... 6% Durant Mot ... 1% Sel Indus 4% Elec Bond Sll.. 53% Shenandoah .... 5% Ford of Can ... 26% Std of Ind ..... 35% Ford of Eng... 18 Std of Ky 22% Fox Theater 5% Std of Ohio .... 55 Goldman Sachs 8% Stutz 25% guff Oil 71! 3 Trans Air Tran's 4 Hudson Bay ... 5% Un Gas new ... jo% Humble Oil ... 67% Un Lt k Pwr ••93! Ind Terr A ... 16% Ut In Ind 5% Int Super 28 Ut Pwr 13 4 Jut Pete ... 14% Vacuum oil 66 Midwest Ut .... 24 Walgreen 25%
Investment Trust Shares
By R. H. Gibson & Cos. —Feb. 10.— PRICES ARE TO 12 NOON C. S. T. Amer Founder’s Corn Com 8 4‘% ‘4!^ Am % Gen Sec “A" 14 Am Inv Trust Shares 5% ail Basic Industry Shares 6% 7% Corporate Trust Shares 6% 6% Cumulative Trust Shares 7% 9% Diversified Trustee Shares ’ A”.l8 18% First American Corp 8% 8% Fixed Trust Oil Shares 5% c% Fixed Trust Shares “A” 15'Inv Trust NY 7% 8% Leaders of Industrv Series ''A". 8% Nation Wide Securities 71, 75National Industrv Shares 6 3 * 7% N Am Trust Shares 6% 6% tel Am Share* 5% 6% thswmut Bank Inv. Trust 10 12 Tniversal Trust Shares 6% 6% i W Strauss Inv Units 54 uper Corp of A Tr Sh “A".... 7% 7% 'undamenta! Trust shares “A" 7% s 'undamentsl Trust Shares ’’B” 7% 8% U S Elec Light & Pr ”A” 3133 3
THE INDIANAPOLIS TIMES
PORKER PRICES GAIN 40 CENTS AT LOCAL PENS Cattle Market Stationary; Vealers Sell Lower at $lO Down. HOGS Feb Bulk Early Top Receipts. 13 86.50® 7.90 SB.OO 4.500 14 6.60% 8.80 8.20 2.000 16 6.80 4 8.25 8.25 4.000 17 6.65® 8.00 8.10 7.000 18 6 65® 7.75 7.85 4.000 IS. 6 50® 7.50 7.50 6.000 20. 6.90® 7.90 J 7.90 3.000 Porker prices at the Union Stockyards today turned upward and prices generally were ranging around 40 cents higher than Thursday’s average, with a few weighty butchers up more. The bulk, 100 to 300 pounds, were selling at $6.90 to $7.90 v Early top sold at $7.90. Receipts were 3,000. Holdovers, 254. Slaughter classes 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 ana 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 average; several loads of 160 to 200-pound weights sold at 7.60, some held higher; few 220-pound averages were 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... .87.50 —Light Weights—-(l6o-180' Good and choice.... 7.90 (180-200) Good and choice.... 7.90 —Medium Weights—-'22o-220) Good and choice.... 7.70® 7.80 (220-250) Medium an dgood 7.40® 7.60 —Heavy Weights—-(2so-280) Medium and choice.. 7.00® 7.30 (290-350) Good and choice 6.70® 6.60 ('275-500) 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 $ [email protected] Comon and medium 5.00® 8.50 a,IOO-1,500) Good and choice 8.25® 11.25 Medium 5.50® 8.25 —Heifers—-(soo-850) Good and choice 7.50®10.00 Common and medium 4.00® 10.00 Common 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 $ 9.50010.00 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, 500; market, steady. Good and choice $8.50® 9.00 Common and medium 6.50® 8.50 —Ewes — Medium and choice 3.00® 4.50 Full and common 1.50® 3.00
Other Livestock By United Press CHICAGO, Feb. 20.—Hogs—Receipts. 24,000. including 13,000 direct; active 25® 35c higher on weights below 250 lbs.; others. 15®2bc higher, to $7.75; bulk. 140-200-lb. weights, $7.50® 7.65; 210-320-lb. weights. $6.50® 7.50; pigs. $6.75®7.25; packing sows. $5.85®6.15. Light lights. 140-160 lb. good and choice. [email protected]; light weight 160-200 lb. good and choice, [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: packiaa sows. 275-500-lb. medium ana good. $5.65®6.15; slaughter pigs. 100-130 lb. good and choice. 56.65®7.50. CattleReceipts, 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 $7®8.50. with best heavies. $10.60: slaughter cattle and vealers. Steers. GOO-900 lb. good and choice. $8@11; 900-1.100 lb. good and choice. [email protected]; 1,100-1.300 lb. good and choice. $8,506)11.50; 1,300-,500 lb. good and choice, [email protected] : 600-1,300 lb. common and medium. $5.50©8.50: heifers. 550850 lb. good and choice. [email protected]; common and medium, $5.25®7.25; cows, good and choice. $4.50©6.50: common and medium. [email protected]: low cutter and cutter. [email protected]; bulls, yearlings excluded, good and choice beef. [email protected]; cutter to medium. $4©f.75; vealers. milk fed good and choice. I8@10; medium. s7®B; cull and common. ss@7: stocker and feeder cattle; steers. 500-1,050 lb. good and choice, $6.75©8.25: common and medium. $4.75®7. Sheep—Receipts. 13.000; choice fat lambs, 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. $8®9.10: medium, $7.25 ®8: 91-100-lb. medium to choice. s7®9: all weights common. $6®7.25; 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, $7.75®8.25. By United Press CLEVELAND. Feb. 20. Hogs—7,9oo: holdovers, 392; steady to 15c higher; 160210 lbs.. $7.6507.90; 220-250 lbs.. 57.15@ 7.25; 260-300 lbs., [email protected]. on account of quality bulks and inside of respective spreads: pigs quoted $7.50. rough sows, $6; stags $4. Cattle—2s, scattered holdover steers and heifers. [email protected]; near steady, occasional 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, 500; market, steady; prime heavy steers. sß® 8.50; heavy shipping steers, $6.50®7.50; medium and plain steers. [email protected]: fat heifers, $5.50® 8.50; common to medium heifers, [email protected]; good to choice cows, s4@s; medium to good cows. $3.50®4; cutters, [email protected]; canners s2® 2.75; bulls. s3©s; feeders. $6.25®7; medium to good feeders. $5.25®6.25; stockers s4®6, Calves —Receipts. 200; market, steady; good to choice, s7@9; mediums. $5©6.50; 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; heldover 140; moderately active, steady to 15c higher; spots 25c up on weighty butchers, better grades 160 to 220 lb. averages. $7.75©8; mostly $8 on around 200 lbs. down: 235-260 lbs., $7.25 @7.50; 280-300 lbs.. $C.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 $5.756 7.50: most beef cows $4.25® 5; low cutters and cutters. $2.75@4; bulls. 55.25 down; vealers steady; good and choice $9.50® 10; lower grades. $9 down. Sheen—Receipts. 225: better grade lambs 50c lower at $8,50 7-9-lower grade steady to 50c off at S6 50 @7.50; sheep, steady; fat ewes, $2.50 @3.50. By United Press EAST ST. LOUIS. El.. Feb. 20.—Hogs— Receipts, 8.500: market active. 15 to 25c higher: top bulk. 150-210 lbs.. $7.40@7 60-220-250 lbs., [email protected]: 260-350 lbs.. $6.50® 6.85; sows. $5.0005.75. Cattle—Receipts 1.000: calves. 500; very few steers on salevealers, 25c lower at $10.25: other classes" in light supply, generally steadv. SheepReceipts. oOO; few choice lambs to cit'butchers steady, with btrt 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 !bs.. $7: 200-210 lbs.. $7.35: 210-220 !b= *•7.25; 220-230 lbs.. $7.15: 30-240 lbs.. $7 £>-260 lbs.. $6.85; 260-280 lbs.. $6.75; 280300 lbs. $7.55; 300-350 lbs.. $6.35: roughs '55.25; 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; Pans checks, 123.90: Amsterdam 12.107; Italy, 92.805; Berlin. 20.437. Hiram Walker. Gooderham k Worts, Ltd., declared regular quarterly pay record Feb. 20. Chesapeake k 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 693.139.403 from month ago and decreased 840,316.703 from year ago to 9,368,770,831. Cigars increased 21,216,818 and declined 62,143,670, respectively, to 391.392,330. Snuff increased 584.539 pounds and declined 135,253 pounds respectively to 3,630,508. Manufactured tobacco increased 5.297,131 and declined 1,182,22} pounds 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 54.91 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 3,465,700 average shares outstanding during 1929. Brokers’ leans Increased $23,000,000 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 cefit year ago; New York ratio at 87.8 ter cent against 86.6 per cent and 75.1 per cent respectively; no announcement on rediscount rate now at 2 per cent. Daily average volume of federal reserve bank credit outstanding during week ended Feb. 18. was $940,000,000. decrease of 58.000.000 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. Engineers 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% ce7its 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 4!4 per cent; of the total amount $60,000,000 consists of fifty-year rapid transit corporate stock; $30,090,000 one to forty-year serial bonds, the bulk of which will be for schools and $10,000,000 one to fifteen-yftir 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, aftor depreciation, interest and federal taxes against $953,507 in 1929. Neptune, 1930 net $3.19 a combined Class A and Class B common share against $3.06 a combined share in 1929.
Bank Clearings
INDIANAPOLIS STATEMENT —Feb. 20— Clearings $2,813,000.00 Debits 6,176,000.00 CHICAGO STATEMENT —Feb. 20Clearings $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. mo. to date 15,175,078.01
Local Wagon Wheat
City grain elevators are paying 67c for No. 1 red wheat and 67c for No. 1 hard wheat.
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 was 110.33. 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. 20.—Closing prices and net changes on principal stocks traded on the New York Stock Exchange today follow: Up. Off. American Can 125% 1% ... Am & For Power 42% 1% ... American Telephone 197% 3% ... Auburn 199 8 % ... Bethlehem Steel 64% 1% ... Byers 68% 3% ... Case unchanged r 123% ... ... Consolidated Gas 97 % ... General Electric 51 1% General Motors 43% 1% ... International Nickel 18% % ... International Telephone ... 35% 2% ... Loews unchanged 62 Montgom Ward unchanged 23% New York Central 123% % ... Parkard 11% % ... Phillips Petroleum 14% % ... Radio 20% 2 Radio-Keith 22% % ... Sinclair 13 % ... Standard Oil New Jersey.., 51% 1% ... Transamerica t 14 % ... Union Carbide 65% % ... United Corporation 23% V* ... United States Steel 147% ... % Vanadium 71% 1* ... Westinghouse Electric 99% 1% ... New York Liberty Bonds —Feb. 20— 3'*s 101.22 Ist 4%s .. 102.26 4th 4%i 103.20 Treasury 4%s 111.9 Treasury 4s 107.10 Treasury 3%s of ’47 101.34 NEW YORK COrFEE RANGE —Feb. 20. High. Low. Close. January 5.48 March 5.33 5.28 5.28 May 5.45 5.37 5.39 July 5.42 5.36 5.39 December 5.46 5.38 5.40 RAW SUGAR PRICES —Feb. 20. High. Low. Close. January i.57 1.54 1.56 March 1.20 1.18 1.20 May 1.30 1.28 1.30 July 1.38 1.37 1.33 September 1.46 1.44 1.46 December 1.55 1.52 1.54 ' Other Livestock By United Press PITTSBURGH. Feb. 20.—Hogs—Receipts, 900; holdovers, 750; market, [email protected] higher; 140-200 lbs., [email protected]; 100-130 lbs., [email protected]; 210-240 lbs., $7.4C,®7.75; 240260 lbs., [email protected]; medium to good packing sows, 55.50@6. Cattle—Receipts, 15; market, nominally steadlv; calves, receipts, 75; market, steady; good and choice vealers. [email protected]. Sheep—Paceipts. 500; market. steady; better grade wooled lamDS, $9®9.50; choice clipped lambs, $8.7509; aged wethers up to $6. By United Press TOLEDO Peb. 20.—Hogs—Receipts. 250; market, 15®25c higher than Thursday best time; heavies. $6.50@7; mediums, s7@_ 7.25; yorkers. [email protected]; pigs, 57.25P7.50/ Cattle-Receipts, light; market. slow; calve J? receipts, lignt; market, stead . Sheep—Receipts, light; market, steady. By United Press EAST BUFFALO, N. Y„ Feb. 20.—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.. sß© 8.10; 230-250 lbs.. [email protected]: pigs. SB. CattleReceipts. 250; slow, steady: medium steers and heifers, $707.50; beef cows, $4,500 5.25; cutter grades. [email protected]; calves— Receipts. 700; better grade vealers. steady; others, weak to 50c lower; good to choice, sll to mostly $11.50: common and medium kinds. s6.so®s. Sheep—Receipts, 1,000; lambs active. 15®25c higher: good to choice. [email protected]: medium kinds and throw-outs, $8.2508,75.
GAINS RANGING TO 9 POINTS ARE RECORDED BY ELMER C. WALZER Scripps-Howard Foreign Editor NEW YORK, Feb. 20.—The upward movement on the stock market carried through the entire session today with only moderate periods of profit-taking. Gains ranging to 9 points in two extremes were retained in most cases. Group after group was brought forward by the bullish element and the market at times had the appearance of the bull movement which culminated in September 1929. At the out-set large blocks appeared on the tape, ranging to 10,000 shares of Radio Corporation. Heavy trading in the early trading caused the high-speed tickers to lag four minutes. Average on Advance According to preliminary calculation, the Dow, Jones &; Cos. industrial average advanced 3.92 points to 188.38 and the railroad average .32 points to 110.01. Sales totaled 3,800,000 shares, compared with 2,500,000 shares Thursday. Steels were prominent in the early trading, but United States Steel lost its force after reaching a new high for the year. General Electric then was brought to the fore. Utilities ruled supreme for a time. Then the motors were bid up sharply and near the close the oils were carried forward. Motor equipments rose with the automobile shares. Coppers profited by evidence of a firmer tone in the price for the metal. Chemicals were featured by a 9-point advance in Allied Chemical and substantial advances in liquid carbonic and air reduction. Foods rose with National Biscuit at anew 1931 high. Rails Are Unaffected Rails were apparently unaffected by publication of the Parker report, which recommended more stringent control of transportation holding companies. This class of stock, however, was quiet, featured by another sensational rise in New York & Harlem, an inactive issue. Leading industrial stcoks including American Can, Du Pont, Union Carbide and Radio Corporation, followed Steel and General Electric to new 1931 high territory. Standard Gas made anew top for the year in the utilities as did American & Foreign power. Auburn Auto made another of its spectacular advances, reaching 200 near the close, where it was up 9!4 points. Gains of 1 to more than 2 points were made by Packard, General Motors, Hupp, Chrysler and Nash. Building Permits R. Schlay. addition. 1212 West Eighteenth. S6OO. Frank Baker, garage. 1741 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 dwelling. 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 dwell--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.
In the Cotton .Markets
NEW ORLEANS —Feb. 20High. Low. Close. January 12.15 12.00 12.03 March 11.10 10.92 10.92 May 11.39 11.20 11.21 July 11.62 11.45 11.45 October 11.89 11.70 11.75 December 12.10 11.92 11.92 NEW YORK High. Low. Close. January 12.13 12.01 12.01 March 11,11 10.92 10.92 July 11.62 11.45 11.46 October 11.90 11,72 11.74 December 12.09 11.90 11.93 CHICAGO High. Low. Close. March IKI7 11.01 11.04 Mav 11.48 11.28 11.31 July 11.71 11.56 11.56 October 11.38 11.80 11.83 December 12.11 12.03 12.03 Marriage Licenses Jack H. Richardson, 37, of 531 Virginia, stage hand, and Gladys M. Buris, 24, of 1202 Fletcher. Alfred Slestema, 21, of 810 North Bancroft, salesman, and Nellmarie Beck, 18, of 2137 North New Jersey. Royal V/. B. Gould, 27, of Anuerson, 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. SET LAST RITES FOR WILLIAM M. JOHNSON Funeral Services to be Held Saturday; Burial to be in Crown Hill. Funeral services for William M. Johnson, 88. who died at the Indiana Christian hospital Thursday after a two weeks illness, will be held at 2 this afternoon at the Kregelo & Bailey mortuary, 2233 North Meridian street. Burial will be in Crown Hill cemetery. Mr. Johnson, resident of Indiana eighty years, was a friend of James Whitcomb Riley. He was in the clothing business here many years. He was a member of the Central Christian church. Survivors include a son, Harry Johnson, Indianapolis; a sister, Mrs. Martha Wilson, Greenfield; a brother, Ben S. Johnson, San. Benito, Tex., and a granddaughter, Miss Barbara Jean Johnson, Indianapolis. ACCEPTS CITY PULPIT Wisconsin Minister to Become Pastor of Second Moravian Church. The Rev Geofge C. Westphal, Ephraim, Wis„ has accepted the pastorate of the second Moravian church, Thirty-fourth and Hovey streets. Mr. Westphal will move here soon after Easter to assume his duties. He will succeed the Rev. Vernon W. Couillard, who resigned last fall to accept a post in Dover, O.
Action by Governor
Bids Signed Feb. 20 P. M, S. B. 19 iHrffmarn—Allowing Indianapolis safety board right to construct and repair buildings under its jurisdiction and now under control of the board of works. H. B. 75 (Smith of Laporte)—Separates Laporte and Porter county superior court into two courts. Emergency. Bills Signed Feb. 20. S. B. 43 (Miller)—Amending live stock loan law to include swine in act which makes it a felony to remove live stock from county when such stock is mortgaged. S. B 50 (Hartzell)—Preventing beneficiarv from breaking terms of a benefactor of a life insurance policy. H. B. 77 (Bold. Monnigi—Amending 1905 brarv law to include cities under 200.000 and establishing a 5 to 10 mill levy to sunpfert them. H. B. 133 (Krueger)—Provides for appointment of three trustees of city water district of Michigan Cityacommon council. Permits issuance of bonds by water district.
Chicago Stocks “< By James T. Hamiil k Cos
Today was quite a good day for the general run of stocks listed on the Chicago gtock Exchange. Allied Products stronger at 19, final; Ben•dix in large trading went to 24^4; Borg-Warner also was well liked, but eased off t.o 28% at the close. Cord was almost dormant for the first half of the session, but buyers in large volume appeared during the last couple of hours’ running and the price went up to 10*2, closing strong at that figure. Electric Household sold up to ,27%, finishing at 27%. Majestic was only fractionally changed all day. as was Middle West and Insull Utility. Ratheon was in large demand, making a rise of 2 points to 12. United States Radio was heavily traded in ending steadily at 30%. Demand also was large for NoblittSparks. closing at 43 4. With a very firm and strong closing. presaging a higher opening tomorrow. —Feb. 20— . High. Low. Last. Aaams Mfg 24% Allied Motor Ind 3% .. Allied Products 19 18 19 Assoc Telephone Util.. 25% 25 25% Bendix Aviation 24% 23% 24% Borg Warner 29% 28% 28% Butler Bros 5% Castle A M 34% 33% 33% Cent 111 Securities 23 Cent Pub Serv Class A 18% 18 18% Cent &So West 23% 23% 23% Cities Service 19% 19% 19% Commonwealth Edison 249!- 247 247 Construct Materials 9% Const Mater pfd 30 Continental Chicago .. 8% 7% 8 Cont Chicago pfd 37% 37% 37% Cord Corp 10% 9% 10% Corp Securities 20% 20 20% Corp Securities ctfs 58 57 58 Eddy Paper 28 26 28 Gen Th Eq VTC Com.. 15 Gleaner 4% 3% 3% Grigsby-Grunow 4% 4% 4% Houdaille-Hershey "A”.. 14% 13% 14% Houdailie-Hershev ‘B”.. 7V* 6% 7% Insull Util Invest 46% 46 46% Insull Ut Inv pfd ex-w 86% 86% 86% Ins Ut Inv p 2d ser. 1940 92 Iron Fireman 21% 20% 21 Jefferson Elec 20 Kellogg Switch. Com .. 4!, 4% 4% Libby-McNeil 13% 13 13 Majestic Household 4% 4 4V* Manhattan-Dearborn .. 19 Middle West Utilities... 24% 23% 24 Midland United 22V* 21% 22% Missouri-Kansas Pipe L 6% 6% 6% Muskegon Mot Spec 'A’ 14 V; National Elec Pow ‘A’. 24% National Family Stores. 4% 4 4% National Repub Inv ... 31 ... ... National Securities Inv 6 National Standard .... 31 Vi ... ... Nobiitt-Sparks Ind Inc. 431, 43Vi 43% North American Car . . 30% 30% 30% North Amer Light &Po 64'* 64'/, 64% No & So Amer Corp ... 11 10 11 Perfect Circle 35 32% 35 Pines Wlnterfront 15% 18% 18'* Raytheon VTC 12 10 12 Seaboard Utility Shares. 4V* 4% 4% Southern Union Gas 11'* 10% 11% Standard Dredging C 0... 5 Steinite Radio % Swift &Cos 29%' 29% 29V, Swift International 39 1 * 38% 48% Unit Corporation 9% 9% 9% U S Radio k Tel 31V* 29% 30% Utah Radio 4% 4% 4% Utility & Ind 8% 7% 8% Utility & Tnrt Pfd 18% 18% 18% Wextark Radio 1% 1 I'/, Wieboldt Stores 12 Yates Machine 7Vi 7% 7% Zenith Radio 4
Births Girls Charles and Ruth Killiom, Coleman hospital. Virgil anc! Florence Sly. Coleman hospital. Thomas and Cleo Walton, Coleman hospital. Paul and Mildred Willoughby, Coleman hospital. Wililam and Armenia Kriner, 1309 West Thirty-ninth. 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 tylvia Dan, Coleman hospital. Oscar and Emma Eubanks Coleman hospital. Paul and Audrey Lewellyn. Coleman hosp tal. James and Marjqry 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. Rov and Prances McDonald. Coleman hospital. Thirty-flm nd Anna Hlgf?lns - 3925 East Frank and Wanda Brandenburg. Coleman hospital. Henry and Lucy Erwin, Coleman hospital. p Wl lllam and Betty Huber, Coleman hospital^ am and Huber, Coleman hosho?pitaf and Catherine Ingels. Coleman pital. klJ and Flora ° akes - Coleman hosDeaths bron2ho a pneumoiiia 15 ’ RKey hospita1 ' br &o^* ht ’ 74 ’ Clty hoS£)ita! ' *' h ° SDlta1 ’ Cerebro peritonitis* 001 * 1 ' 36 ' Methodlst hospital. chnic am ncphriti 5 MarSh ’ 76 ’ CitV hospita1 ’ erSMtoSS: 36 ' hOSplta1 ’ * en - William Taylor Fulford. 63. Long hospital, carcinoma. William A. Stader, 70. ICOB Zwinglev. arterio sc/erosis. 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, scarlet fever. Cordelia Carpenter. 46. Methodist hospital. carcinoma. Edith Johnson. 56.. 1928 Martindale chronic myocarditis. Amanda Funk. 79. 519 East 30th, acute dilatation of heart. Grover C. White. 44 . 956 N. Jefferson, pulmonary tuberculosis. . Wilbur Leib. 71. 211 North East, accidental. Isaac Smith, 57. city hosptial, acute myocarditis. Jesse A. Hill. 81. 6140 College, cerebral hemorrhage. Nina Curl. 38. city hospital, accidental. Mattie Page, 66. 453 Minerva, lobar pneumonia. Calf Born Tailless VERA CRUZ, Ind., Feb. 20.—A calf without a tail was bom on the farm of William Spade, living near Vera Cruz. Legal Notices LEGAL NOTICE OF PUBLIC HEARING PUBLIC SERVICE COMMISSION DOCKET No. 10419. In the matter oi the petition oi Interstate Public Service Company and Otwell Eiectrlc Company for authority to purchase and sell certain property. Notice is hereby given that the Public Service Commission of Indiana will conduct 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 bv the Commission. PUBLIC SERVICE COMMISSION OF INDIANA. By J. W. McCARDLE. Chairman, Indianapolis. Indiana. February 19, 1931. BOARD OF ZONING APPEALS. NOTICE OF HEARING. Notice is 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 office rooms at 5216 College avenue. A Public Hearing will be held by said Board in Room 104. City Hall, Tuesday. March 3. 1931. at 3:30 p. m.. at which time and place ail interested persons 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. STEEP. Secretary-Engineer. LEGAL NOTICE OF PUBLIC HEARING. PUBLIC SERVICE COMMISSION. DOCKET NO. 1215-M. In the matter of the application of Elba Wildt. 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 above entitled cause in the rooms of the Commission at Indianapolis. Indiana, at 10 o'clock, a. ns.. on Thursday. March 5. 1931. Public participation in this hearing is reauested bv the Commission. PUBLIC SERVICE COMMISSION OF INDIANA. By J. W. McCARDLE. Chairman Icdianapolis. Indiana. Feb 19. 1931.
FEB. 21, 1931
LEGISLATION ON POOR FARM IS BEFORE HOUSE Legislature Is Asked to Provide Infirmary Transfer to Julietta. Legislation to relieve congestion and correct deplorable living conditions at the Marion county infirmary was introduced in the Indiana house Friday by Representative Albert Walsman 'Dem., Marion), research director of the Indiana Taxpayers Association. Walsman's bill authorizes the Central State hospital on West Washington street to take over the infirmary after formal transfer by the Marion county commissioners and maintain the infirmary as an adjunct to the hospital. The sum of $72,000 would be appropriated for operation of the infirmary from Jan. 1, 1932, to Sept 30, with $95,000 appropriated for the succeeding fiscal year. An additional appropriation of $175,000 would be for the construction of new women’s building at the Central State hospital. %
J Legal Notices WE will sell at Public Auction one Buies coupe. 1929 model. 29-34 CC. motor num ber 2326475. serial number 2205315. for craning, repa.rs and storage, amounting * 931" 224 * 94 ’ 81 8m " i£on£ * av - Marc t> WASHINGTON PLAZA GARAGE LEGAL NOTICE OF PUBLIC HEARING PUBLIC SERVICE COMMISSION DOCKET NO. 1214-M. In the matter of the application ot Rov L. Estes, for a certificate of public convenience and necessity to operate motor vehicles as a common carrier of property only, between Georgetown and New Albany. Ind.. passing through and serving Sdwardsville. Notice is hereby given that the Public Service Commission of Indiana will conduct public hearing in the above entitled cause in the rooms of the Commission a! ludianapolis. Ind.. at 10 o’clock a. m on Tuesday. March 3. 1931. Public participation in this hearing is requested by the Commission. PUBLIC SERVICE COMMISSION OF INDIANA. „ , Bv J. W. McCARDLF Chairman Indianapolis. Indiana. Feb. 19, 1931. LEGAL NOTICE You are hereby notified that the goods you have in storage will be sold for charges unless said charges are paid on or before Feb. 28. 1931. Walter McClain. Rufus Williams. Mrs Thomas Franklin. E. F. Dillihay. Laurence Weaver. Jessie Brown, John Robeitson. A R. Bowles. Earl Brown. Ivan Printz. Roy Sherman. H. Randle. J. M. Ayres. L. C 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. T Morgan. N. Bibb. Connie Mack. Kenneth Ault. Dora Case. Mrs. H. E. Mayer. Lewis Stroder. Mrs. O. C. Ashley. Grace Gilbert. Henry Williams. Mrs. Mary Reed. William Reidel, Paul Kirsch, Ira Elmore Mrs. C. H. Johnson. Mr. and Mrs. Harry 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 Lceridian and Ohio streets, in the citv 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 ($188,000) 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 (4%) 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, 193i 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 Ist 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 tor School Building Bonds of March 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 -his Board on the 25th day of November, 1930 and February IV, 1931, pursuant to the Inaiaua Statute of February 10th, 1919 (Acts of 1919, Page 6.) The full right is resedved by the Board an its discretion to reject any and al bias. Each bid shall be accompanied by a Cashier s check on a responsible Indian apolis 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-Commisf oners of the city of Indianapolis for at least three per cent (3%) of the face value of the bonds oid for. the board of school commission ERS OF THE CITY OF INDIANAPOLIS t j. By ,A- B GOOD, Business Director Indianapolis. Indiana, Feb. 20, 1931. Death Notices CARPENTER. CORDELIA—-Wlfe of Virgi' mother of Floyd C. and Maurine E passed away Feb. 18. Funeral Friday 2 / es ‘dence 2720 West Washlng- „ Bur ‘ al , at Columbus, Ina Saturday. Friends invited. ELIZA ELLEN—Age 63 years, bcloved wife of Henry F Davis and mother of Clara and Hansel of Indianapolis if Black and -Minnie A)avis all of Alexandria; Charles DavU address unknown, and Mrs. Margare' 01 Mt. Clemons. Mich., pissed a V a J 16. Services at the Engiewooc Christian church Sunday at 2 and rr Burial Buck Creek Chapel cemeter’ char 1 ? 8 lnvite<l ’ LITT LE & SONS i; GRIFFITH, EVA J.—(nee Noble) wife o: the late Calvin Griffith and mother oi D. V. Griffith of Indianapolis, Mrs. Chas Patterson of Franklin and Mrs. W. A Lancaster of Greenwood, passed aw o£ Greenwood, Friday Feb. 20th. Funeral Sunday, Feb. 22. '2 p. m. at the home. Friends Invited Burial Greenwood cemetery. JOSEPH L—Passed away in Lake Vvo. th, Fia., Monday a. m. Friends a . * he residence, 930 w 3®t st' after Wednesday, 7 p. m. Services at the ■ Paul M. E church Saturday,*l) p* m Friends invited. Burial Crown Hill li .charge of North Park Masonic lodge. MODE. SUSHANA—Widow’ of Is aac Me - Raf ; -f^ 0t * er ° £ rS V Brands Leit of 200? Kalctoa A\e.. and Mrs r’nrir a & parted this life Thursday, Feb. 19' agr years. Funeral Monday Feb 22 at MOORE k KIRK FUNERAL HOME J 25*r Station 8t 10 a. m. Burial Kokomo &e F c lnvlted ’ ,Kokom ° MORRIS. EMMA DROTZ—Passed aw Thursday a. m. at East Orange N. J‘ !?r?i^ e t ro£ Morris and Jean Eller Lena Van Deman, and aunt of Mabel Van Deman. FLANNER & BUCHANAN MORTUARY Monday. 10:30 a. m . Friends i-Y-it. J Burial Crown HilL invited NOLL. FRANK J. 20. at the home o; his daughter E. B, Leppert. 4315 Central avenue ’other surviving children are Alfred w n2j? Frank J. Noll, Martin W™ Ihd thr Rev. Raymond R. Noll, all of Indianapolis, end Clem W. Noll of Cir.clnnSFi r^t fr °J?an the of r^r a nd c enC c e h^c?f d ir In Memoriam Notices WINIMSCH—In loving memory of our dear wife and mother. Caroline WlndUch who passed awav 3 years ago today, Feb. 20 the loving memo . lies you left with us today. HUSBAND AND CHILDREN. IF YOU DON'T FIND what you are looking for in the want ads today. It mav be advertised here tomorrow. Read Times classified ads dally, Funeral Directors WM O. BE AN BLOSSOM Mortuary FHonc Be 1588 1321 * Ka* St W. T. BLASENGYM Main office 2230 sielbv St Drew) Ift TO George Grinsteiner Funeral director. r K. Market Slier art
