Indianapolis Times, Volume 42, Number 254, Indianapolis, Marion County, 3 March 1931 — Page 14

PAGE 14

PORKER PRICES STRONG TO 20 CENTS HIGHER Cattle and Veals Steady: Sheep, Lambs Mostly Stationary. _ HOGS £ eb Bulk Early Tod Receipts. 51 •S IH 1 ' I th $7.65 - 6.500 ;; S-JJ'ft < 66 7.60 6,500 6 <s<o 7..> 7.50 7.000 80® J.40 7.50 5.000 4? 7.55 7.55 5.000 890 < .45 745 5.000 "$ 6.00® 7.40 7.40 2.000 Mu r 2 6.90% 7.40 7.40 3,000 3 7.lo'fi 7 60 7 60 5.000 The )x>rk market at the city Htockyards today showed slight strength, with prices ranging mostly 20 cents higher than Monday’s best, time, some underweights held at 25 cents up. The bulk. 140 to 300 pounds, were selling at $7.10 to $7 60. Early top at $7.60. Receipts were estimated at 5 000. Holdovers 305 Slaughter classes ol steers fairly active and fully steady, with a strong undertone, featured .the cattle market. Receipts were 900. Vealers held stationary, selling at $8.50 down. Receipts were i>oo. Sheep and lambs strong and higher, with bulk on direct and through billings. Better grade of lambs sold at $8.50 to $8.90. Receipts 2,000. ' Chicago hog receipts were 16,000, including 3,000 directs. Holdovers, 5.000. Market fairly active, wound 10 cents higher than Monday's average, early sales of 150 to 200 pounds, sold at $7.35 to $7.40, choice of 190 pounds, sold at $7.50, and heavyweights of 260 to 300 pound weights, were selling at $6.80 to $7. Cattle receipts, 6,000. Calves, 2,000. and strong. Sheep receipts, 20,000, and steady. HOGS Receipt*. 5.000; market, higher. —Light Lights— U4O-1601 Good and choice $7.23 - Light Weights—-(l6o-1801 Good and choice.... 7.40® 7.45 (180-2001 Good and choice... 7.60 —Medium Weights—-<2oo-220* Good and choice... 7.50 <320-2501 Medium and g00d... 7.30® 7.40 Heavy Weights—■ <250-2801 Medium and choice.. 7.10@ 7.30 '290-350* Good and choice.... 6.80® 7.10 —Packing Sows—-<27s-5001 Medium ana g00d... 5.25® 6.00 <llO-1301 Saughter pigs 6.75® 7.00 CATTLE (Slaughter Class) Receipts, 000; market, steady. Good and choice $ §-60^10.50 Common and medium 5.00 a' 8.00 Good and choice [email protected] Medium 5.25® 7.75 —Heifers—-(soo-850) . Good and choice 7.50® 9.50 Common and medium 4.00® 7.50 Common and medium 4.50® 0.50 Oood and choice Low cutters, and cutters 2.50® 3.<5 —Bulls (yearlings excluded) flood and choice beef 4.25® Common and medium 3.00® 4.25 CALVES AND VEALERS Receipts. 00: market, steady. Good and choice $ 7.50® 8.50 Cull and common 3.00® 5.00 —Calves—-(2so-300) Good and choice 5-995* ?•?£ Common and medium 3.00® j.OO STOCKERS AND FEEDER STEERS Good and choice $ 5.75® 8.00 Common and medium 4.25® 5.75 <BOO-i.500< Oood and choice 5-<s® |-2v Common and medium 4.00® 5.75 SHEEP AND LAMBS Receipts. 2,000; market, steady. Good and choice $ 8.25® 9.00 Common and medium 6.50® 8.25 —Ewes — Medium and choice 3.00® 4.50 Cull and common 1.50® 3.00 Other Livestock

By United Press CHICAGO. March 3.—Hogs—Receipts, 16,000: including 3.000 direct: slow, mostly 1015 c higher than Monday’s average: packing sows, strong to 10c higher' bulk 170310 lbs.. $7.25w.7.40: top. $7.00: 220-320 lbs., $6.80'07.30; pigs. slow. [email protected]; packing SOWS, s6y 6.25; light lights, 140-160 ibs . good and choice, 47fti.7.40; light weights. 160-200 lbs., good and choice. $7.25 1/7.50; medium weights. 200-250 lbs., good end choice $6.90*7.50; heavy weights, 200350 lbs., good and choice. $6.50*7.10: packing sows. 275-600 lbs., medium and good, 85.90*6.35; slaughter Digs. 100-130 lbs., good and choice $6.25®/. Cattle —Receipts, 6 000; calves. 2.000; led steers and yearlings steady to 25c higher; mostly steady to strong although bulg sales, loft 25c higher for week to date; she stock sharing advance; best weighty fed steers. $11; sprinkling. $10*10.75; bull. Si.25S-9.50. Slaughter cattle and vealers—Steers, 600900 lbs., good and choice. $8.25*11.25; 9001100 lbs., good and choice. $8.50*11.23: 1100-1300 lbs., good and choice. $8.75* 11.25; 1300-1500 lbs., good and choice. $8.75 '3)11.50 : 600-1300 lbs., common and medium, $5.75(0.8.75; heifers. 550-850 lbs. good and choice. S7O 9.50; common and medium. *SO 7 25; cows, good and choice, $4.75® r 2o; common and medium $3.75<®5: low cutter and cutter. $2.75® 4; bulls, yearlings excluded. Rood and choice beef, $4.25(&5.<p; cutter to medium. 53.50W4.40; vealers. milk fed. good and choice. *7.5009.25; medium. s7ft 7 40. cull and common *507. Stocker and feeder cattle —Steers. 500-1050 lbs., good and choice. $6.7508: common mid medium. $4.750 7. Sheep—Receipts. 20.000: tat lambs, tullv 25c low-er; weak tending lower: feeding and shearing lambs, fullv steady; good and choice fat lambs. *8.50; best held. $8.7509 and above, 72-lb shearing lambs. $8.50. Slaughter sheep and lambs-Lambs. 90 lbs dowm, good and choice. $8(0 9.10; medium, * 1.2508. 90-100 lbs., metliuin to choice, s7(<i9. all weights, common. *6® 7.25: ewes. 90-150 lbs., medium to choice. $3.50665; all weights, cull and common. *2*4. P'eedliiK _lanrios. —50-7a lbs., good and choice. $7.*5*8.35. By Times Special IXJUISVILLE. March 3or”?RS— Receipts. *7OO market uneven; 300 lbs. up, $0.50, 2:jSSu S7: 160-225 lbs $7.60: 130-160 lbs . $7; 130 lbs. down. $6.40; roughs. $4 60 5 60- stags. $4.10. Cattle— Receipts. 100; market, slow, steady; prime heavy steers. *7.50*8; heavy shipping st*eers. s6*7: medium and plain steers. ss*6; fat heifers. *5 50*7.75; common to medium heifers. $4 ®5.50: good to choice cows. $4*4.50; medium to good COW S*3 ?5® , c , 11 *o S V HV 3 25. canners. $1.50®2.50, bulls. feeders. *6/16.75; medium to good leaders, *s*6: stockers. $4*5.50. Calves--Receipts. 200’ market steady; good to choice. S6O 7.40; mediums. $4*5.50: common t* medium. $4 down. Sheep—Recepts. 50: market, steady; ewe and wether lambs. SB. buck lambs. $7: seconds. $5 down, clipped sheep. *3O 4. Mondays shipments—Cattle. 325; calves. 318; hogs. 110; sheep, none. By United Press CINCINNATI. O . March 3.—Hogs—Receipts. 2.100. heldover. 280: steady to mostly 10c higher: closing less active than early; better grade. 160-230 lbs.. s*.6sft 7 85' mostlv $7.85 on 170-220 lbs.; some 330-250 lbs.. $7.50®7.66: 320-lb. averages downward to $7; 120-140 lbs. mostly $/; few around 150 lbs.. $7.15; best strong weights to packers. $7.25: sows, strong; hulk. $5.33. Cattle— Receipts. 225. Calves - Receipts. 450; generally steady on fewodd lots here except bulls which weak to 25c lower: few lower grade steers and heifers. $5.500 7: more desirable yearlings upward to $7.75; few beef cows. $4,256.5: low cutters and cutters. $2.50 >13.50: bulls, mostly s4(l/ 4.30: few $4.75: vealers, fully steady, good and choice. *BO 8.50; lower grades. $7 60 down. Sheep—Receipts. 75; farih- active, generally steady; better grade handv weight lambs. $8.50*9; common and medium. $6.50*7.50; fat ewes. *2.503.50. By Times Special CLEVELAND. March 3.—Hogs—Receipts. 2,000; holdovers, none; strong to 15c higher: top. $7.75 on 160-210-lb. weights: comparable. 220-250 lbs.. $7.50; 260-300 lbs., $7 15 down: pigs. $7: sows. $5.75*6; stags, $4. Cattle—Receipts, 200: largely cows at near steady rates, but bulls 25c or more lower; scattered fat cows at upward to $5; cutter grades. s3*4; sausage bulls. s4*4 50: occasionally $4.75; calves, receipts, 700; steady with Monday s average; hulls, $9.50 down, but quality to make $lO available In only limited numbers; mediums, $7.50 5 ,8.50: culls down to $6.50, occasionally to *6 and under. SheepReceipts, L 400: steady: bulk clipped lambs. *8(48.25; woolskms at *9: lacking strictly, top quality; plain ewes around *4.50. By United Press FT WAYNE. Jnd., March 3 —Hogs—Receipts, 100-130 lbs.. $6 35; 140-150 lbs., *6.85; 150-160 lbs., *7; 160-180 lbs., $7.25; 180-200 lbs., $7.40; 200-230 lbs.. *7.25; 220240 lbs., *7.15; 240-260 lbs.. *7.05 : 260-260 lb $6.90; 3*o-300 lbs.. $6.80 : 300-350 ibs., $6.*6; roughs 35.25: stags. $3.75: calves, ss.so; lamb?, (8. market, 10* 15c higher. By United Press TOLEDO. March 3.—Hogs—Receipts, 250: market. 5 to 10c. higher: heavies. $6 85; medulm ,$7f17.15: Yorkers. *6.75*7; ,pigs. *•.60*6.75. Cattle—Receipts 50; market, slow. Calves—Receipts, light; market, slow tad lower, top *9.50. Sheep—Receipts. tUfit; market, steady.

New York Stocks (Bv Thomson 8c McKinnon-' *

—March S— . Pre*. Railroad*— High- Low. 11 30. close. | Atchison 192% 192 Atl Coast Line 120 Balt it Ohio ... 784 78 78 784 j Chesa St 0hi0... 43 424 43 424 Chesa Oorp .... 474 47 47 48 Chi Grt West .. 84 64 7 Chi N West 4040 40 4 C R I it V 59 59 Del LSt W 894 89 4 894 90 Del St Hudson 150 Erie 344 Great Northern. 67 66'* 66 4 67% Illinois Central .814 80 80 81 Kan City 8o 444 Lou St Nash 104 104 MKSt T ... 224 224 224 224 Mo Pacific 374 Mo Pacific pfd 1034 305 N Y Central ...121 1194 121 1204 NY NH k H 88 s * 89 Nor Pacific 57'. 57 57 5*4 Norfolk St West 208 4 ... j O St W 64 Pere Marq 80 Pennsylvania ... 614 604 604 614 Reading ... 89 Seabocrd Air L 4 64 | So Pacific 104*2 103 4 1034 104 -Southern Rv.... 54-* 54 4 54 4 544 j St Paul 74 7 s , 74 74 ' St Paul pfd. . 12 114 114 124 I St L it 8 P 46 4 45 4 46 474 Union Pacific 198 1954 Wabash 174 . 174 18 W Maryland... 164 184 164 17 Equipment*— Am Car St Pdy.. 344 34 34 35 , Am Locomotive. .. .. ... 28V* Am Bteel Fd 28 Am Airbrake 6. 364 Gen Am Tank. 69 684 684 694 Genera! Elec . 51 504 504 504 Gen Rv Signal. 82 814 82 814 Lima Loco 31 N Y Airbrake 23 Press Stl Car 54 6 Puilman 544 54 U 544 54 Westing!) Alrbr 344 344 Westing!) Elec .. 99 4 97 4 984 98 4 Rubbers— Fisk 4 4 4 4 Goodrich 174 174 174 184 Goodyear 48 4' 48'i 484 4864 Kelly Spread ... 24 24 U 8 Rubber.... 154 15% 154 154 Motors— Auburn ... . 2084 202% 202 2034 Chrysler 22 214 22 214 Gardner ... 14 14 Graham Paige 44 General Motors. 43 4 43 4 43 4 434 Hudson 224 22 4 22 4 224 Huno 114 114 114 114 Mack 41 40Vi 40 4 COS Marmon 84 Nash 354 354 354 354 Packard 11 104 lots 11 Pierce-Arrow _ 234 Reo 84 84 84 84 Studebaker ... 23 4 23 4 23 4 23 4 Yellow Truck 134 124 134 134 Motor Access— Am Bosch •••, 27, 2 Bendix Aviation 224 21% 21 • 22% Borg Warner 28% 28 28 4 28 4 Briggs 204 20 204 y® B Budd Wheel.... 12 114 114 J 2 Campbell Wv ■■ • 44 J 4 Eaton 184 186 k 18-a 184 El storage B. ... 63 61 4 63 63 Haven 80dy.... 64 •>% • 6 J.t Houda 8 74 8 8 Motor Wheel . .. Sparks-W 11S 114 11* jl,? Stewart Warner 19 18% 19 18 e Timkin P-01l 534 524 524 544 Mining— Am Metals ■■■ ik., Am Smelt 53(2 53 o3 o-us Anaconda Cop... 40% 40% 404 404 Cal & Hecla 10',4 104 104 104 Cal & Arlz 44 Cerro de Pasco 264 zi Freeport Texas. 384 36V* 364 36 * Granby Corp ... 214 214 214 20 -2 Great Nor Ore • 84 Howe Sound 27% .8 Int Nickel 184 18 18 ; 184 Inspiration 104 104 Kennecott Cop.. 294 294 296* 294 Magma Cop .. Miami Copper.. 10 9% 94 9,0 Nev Cons 144 134 134 44 Texas Gul Sul.. 514 514 514 51% U S Smelt 21 Vz Oils— Amerada 1 • •• Am Republic 9,4 •t:., Atl Refining 214 214 Barnsdall • • }3 4 134 Houston 12 11** 12 12 Indian Refining.. .. ... ••• 3* Mex Seaboard.. 176s 166* 17_ 17 Mid Conti 14*8 146i 14% H% Phillips 13’% 136 is Pr Oil & Gas 16% 106 k 166* 17 Richfield 4 % 4 % Roval Dutch 384 Shell Un 9 94 smcTa®ij% 134 13% Standard of Cai 474 47% 47% 48 Standard of NJ 49 48 4 48 4 48 4 Standard of 5 Y 54'% 24% 244 24% Texas Cos 334 334 33Vi 34 Union Oil 23 2264 22% 23'/* Am*Roll Mills ... 32% 32 32 324 Bethlehem .... 65V4 64% 64% 64% Byers A M 63% 62% 62% 62% Cole Fuel 276s Ini- and ... .. ... 69 ... Ludlv. rn 16% 164 Midland 25*'s 254 Newton ••• 19 19V* Repub I& S ... 22 21 ' 21 21% U S Steel 145% 1446% 145% 145% Vanadium 646* 6364 634 64 Youngst S& W 26% 2664 Youngst S & T 77 Tobaccos— Am Tob A (New) 116% 11664 Am Tob B (New) 118V* 117% 117'% 117'% General Cigar.. 45% 4564 45% 44 Lig & Myers B 87'% Lorillard 16% 16% 16% 166„ Reynolds Tob... 47% 47 47 47% Std Com Tob 3Vi Tob Pr A 11% ... Tob Pr B 2% United Cig 5*4 Utilities— Abitibi 11% Adams Exp 21% 2064 21% 21% Am For Pwr ... 42% 4164 42 4164 Am Pwr & Li... 5764 56'% 57 57% AT&T 196'% 196'% 196'% 196 Col Ga3 & E 1... 41 30% 40V4 40% Com & Sou 1064 1064 1064 1064 El Pwr & LI 5464 5364 54'% 54'% Gen Gas A 7% 7 7 7% Inti TANARUS& T 32% 3164 32'% 32% Natl Pwr & Li.. 40 39*4 3964 40'% No Amer Cos 8464 83'% 8364 84% Pae Gas & E 1... 49 4864 49 48 Pub Ser N J 85 84)4 85 84% So Cal Edison 5064 50% Std G& El 80% 7864 79% 90'* United Corn 25*4 25% 25% 2564 Ut Pwr & L A.. 29% 29 29% 29% West Union 142 142 Shipping— An Inti Corp 23'4 23% Am Ship & Com. 1% 1% Inti Mer M pfd 15% No Gm Llyod 33*4 ... United Fruit 64 Foods— Am Sug 54 54% Armour A 3% Beechnut Pkg 57 Cal Pkg 47 4664 46% 47% Can Dry 3664 36% 36% 37 Childs Cos 31 Coca Cola 163'4 Cont Baking A 27'% 27% Corn Prod 83 83 Cudahy Pkg 45'% 45% Gen Foods 52% 52 Vi 52’% 53 Grand Union... 16% 16% 16'% 16'% Hershev 94 Jewel Tea * 54 Kroger 1... 30 29 V* 29% 30% Nat Biscuit.... 8064 80V* 80V* 80% Pillsburv 30 296* Safeway St .... 5764 56 57'% 57'/Std Brands 19'% 19)4 19% 19% Ward Bkg 7 Drugs— Coty Inc 15 15 Vi Lambert Cos ... 81% 82 Lehn & Fink.... 32% 32V* 32i 33 Industrials— Am Radiator.... 20'% 1964 1964 20 Bush Term 27)4 28 Gen Asphalt 406* Lehigh Port 54% Otis Elev 5464 ... Indus Chems— Allied Chem ....166% 163% 164** 160% Com Solv 19% 186* 19% 19% Union Carb ... 67** 66V* 67** 66)4 U S Ind Alco 68% 68% Retail Stores— Assoc Dry Gds 2664 Gimbel Bros 6Vi ... Kresge S S 27 May D Store ... 38*i 37% 38% 37'Mont Ward 25*4 24% 25'* 25*4 PemV J C 36*a 37*8 Schulte Ret St 5% 5% Sears Roe 57 56'* 56'* 56% Woolworth 62 61*4 61** 62’* Amusements— Col Graph 12*4 12V* 12*4 1264 Crosley Radio 7%

New York Curb Market

(By Thomson & McKinnon) —March 3 11:30; 11:30 Am Com Pwr... 16 Int Pete 14 Am Gas* E 1... 79 Midwest Ut 18% Am Lt <fc Tr.... 51% Mo Kan Pipe... 1% Ark Gas 6 Mt Prod 5% Brazil Pw & Lt 25'0Nat Av 7% Can Marc 3% National Inv ... 7 Cities Serv 18% Nia Hud Pwr... 13% Cord 9% Noranda 17% Crcoker * Wh.. 11% Penroad 7% Durant Mot 2% Prince i Whtly 1% Elec Bond Sh.. 54% Sel Indus 4% Ford of Can... 37 Shenandoah ... 6% Ford of Eng 16% Std of lud 33% Ford of Fr 10% Stutz 24 Goldman Sachs. 8% Tr Air Tr 6 Gulf Oil 68% Un Gas (new).. 10% Hudson 8av.... 5%;Un Lt & Pwr... 31% Humble Oil 61% Un Verde 11 Insull Ut 45 Ut Power 13% Int Super 26% Vacuum Oil 63%

Investment Trust Shares

(By R. H Gibson & Cos.) —March 3 PRICES ARE TO 13 NOON C. S. T. Bid. Ask. Atner Founder’s Corp Com ... 4% 5% Air & Gen Sec ‘'A r ’ 14 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% Fixed Trust Shares “A” 16% ... Inv Trust N Y 8 9 Leaders of Industry Series A 18% ... Nation-Wide Securities 7% 7*4 National Industry Shares .... 6% 7 N Am Trust Shares 6% 6% Bel Am Shares 5% 6% Shawm ut Bank Inv Trust .... 10% 12% Universal Trust Shares 6% 6% S W Strauss Inv Units 54 Super Corp of Am Trust Sh A 7% 8% Fundamental Trust Shares... 7% 8 Fundamental Trust Shares B 7% $% U S Elec Light & Pwr A 11% 33%

Eastman Kod ...171'4 169% 170% 171 Fox Film A 34% 38% 33% 34% Grigsby Gru ... 5% 5% 5% 5% Loews Inc 59** 57*. 58% 57% Param Fam 46% <5%. 46 46** Radio Corp 24 V* 22*4 23 24*4 RK O 21 20% 20% 20% Schubert ... 7 Warner Bros .... 16'i 156 16% 16 Miscellaneous— Airway App .... 9% 9 9 9% City fee it Pu 16 Copgoleum 10 10% Am Can 122% 121*4 122% 121% Cont Can 36% 56% 56% 57% Curtiss Wr 5% 5% 5% 5% Gillette 8 R 30% 29% 30% 29% Real Silk 26 25% Un Aircraft 34% 33% 34% 33% Int Harv 56% 56% 561. 57?, LIMIT BIDS TO | INDIANA FIRMS City Council Votes to Give Business to State. Indiana firms only will be given consideration in purchase of $32,748 worth of materials for street repairs as result of action taken Monday night by city council. Ordinance appropriating $60,000 to the park board for labor in constructing Pleasant Run .boulevard south from Washington street, was passed and a $14,000 ordinance to purchase materials for the work was submitted. Other ordinances passed included changing name of New York street, from Arsenal avenue to Randolph street, to Marlowe avenue and appropriating SBOO from the mayor’s contingency fund to the health board to be used in controlling a “flu’’ epidemic. Ordinance was introduced transferring $68,302 from the works board and $37,150 from the sanitary district to other funds to meet current obligations. Council approved the $1,377.50 appraisal of a number of wornout automobiles, motorcycles, trucks, typewriters and other articles to be sold. In the Air Weather conditions in the air at 9 a. m.: South Wind, 4 miles an hour; barometric pressure, 29.79 at sea level; temperature, 35; ceiling, un- | limited; visibility, four miles; field, good. Arrivals and Departures Municipal Airport eastbound on the T. & W. A. plane included J. Carlton of Elmhurst, 111. Mars Hill Airport—Embry-Riddle passengers, to Chicago were William Scharlow Jr. and H. G. Davis, both of Chicago, and Jerome B. O’Connor of Beverly Hills, Cal. Hoosier Airport—Dick Knox, from I Indianapolis to Detroit, Ryan monoplane. Capitol Airport—Lieutenant E. H. Jose, from Indianapolis to Huntington, W. Va., and other southern points, Ryan. Fliers Salute City Three army planes flying in formation on a cross-country flight from Scott field, Belleville, 111., returned home today, after saluting Indianapolis Monday afternoon by circling, wing to wing, above the downtown section. Pilots of the planes who visited fliers at Schoen field, Ft. Benjamin Harrison, Monday night, announced the planes will return to Indianapolis next week for ceremonies dedicating the new airplane beacon on Merchants Bank building. The pilots were Lieutenants E. K. Schilling, L. L. Sailor and O. K. Harris. Mot Might Riders Indianapolis city councilmen are air-minded, but airplane rides at night, even though they are free are out. Tlie council paid a formal visit to the new municipal airport *Monday night for the first time since the port has been completed. They were shown various improvements, including the night lighting equipment, by Superintendent Paul C. Moore and Charles E. Cox Jr., assistant superintendent. Then Dick Arnett, Stinson and Waco distributer, rolled out a cabin Stinson plane to take them for a ride. Unanimously they declined the offer. H. Nathan Swaim and C. Howard Caughran, park and health board attorneys, and Albert Losche, city purchasing agent, accepted the ride. Bill Exempts Wedding Ring Sale By United Press ALBANY. N. Y„ March 3.—The wedding ring would be kept safe from the sheriff, under the provisions of a bill passed by the assembly Monday night. The bill would exempt wedding rings from levy and sale under a judgment.

Status of Assembly Bills

Bills of major importance pending in the Indiana general assembly and their status when the legislature reconvened today: H. B. 383—Taxing personal incomes at from 1 to 4 per cent; passed both houses; awaits appointment of conference committee to work out compromises. H. B. 384—Taxing corporate net incomes pissed house with 3 per cent rate; awaits second reading in senate, where rate was cut to 1% per cent. S. B. 312—Increasing auto license fees approximately 50 per cent; passed senate; awaits report of house ways and means committee. , S. B. 307—Diverting auto license revenues from highway department to general fund for reduction of state property levy: passed senate, awaits report of house Judiciary B committee. S. B. 165—Permitting 75 per cent deduction on the tax on intangibles when intangibles are listed at full value; never reported out .by senate finance committee, similar bill killed in house. H. B. 293 —Prohibiting issuance of automobile or drivers’ licenses unless applicant produces poll tax receipt, passed house, awaits third reading in senate. S. B. 131—Providing that ai! municipal budgets adopted In 1931 and 1932 shall not exceed the budget adopted in 1930 for 1931. passed senate, awaits third reading In house. H. B. 360—Reaulring that all revenue derived from new sources of taxation shall be applied to reduction of state tax lew, passed house, awaits third reading in senate. 8. B. 290—Making the county the unit for assessment of property for taxation and eliminating the fourt-vear assessment on real estate: never reoo-led out by senate Judiciary A committee S. B. 36—Extending the pavnwi_t of poll tax to women arid removing the fiftyyear age limit after which poll taxes now are not collected: awaits third reading in senate. S- B. 316—Providing for the optional consolidation of two or more townships; t j a T d reading in senate; similar bill killed in house. S. B. 315—Providing for the optional consolidation of two or more counties: avails, ‘bird reading in senate; similar bUI killed In house. . S. B. 156—Reducing the limit of bonded indebtedness for county unit roads from 2 to 1 per cent; awaits third reading in senate. S. B. 321—Repealing all acts fixing minimum mandatory levies; awaits third reading in senate. H. B. 14— Reducing legal Interest rate on petty loans from 3% to 2% -per cent a month: failed twice to receive constitutional maiority In house: awaits new attempt at passage cm third reading. S. B. 3—Allowing eounties to provide pensions of not more than *25 monthly to

THE INDIANAPOLIS TIMES

STOCK SHARES START ADVANCE AT MID-SESSION Steel Leads Industrials Up as Rails Rally Into Higher Ground.

Average Stock Prices

Average price ol thirty industrials lor Monday was 184.38, off a.28. Average of ; ‘wenty rails was 106.95, off 2.54. Average of twenty utilities was 69.65, off 1.69. I Average of forty bonds was 96,34, up .63. j By United Press \ NEW YORK, March 3.—Trading ' quieted down on the Stock Ex--1 change today and the list firmed . up after a series of fluctuations in | the earlier dealings. Around noon United States Steel had assumed leadership of the industrials, rising % to 146. Other industrial issues were up fractions to 2 points. Railroad shares rallied under the lead of Atchison and New Haven. Utilities improved fractionally. Soft Spots Remain A few soft spots remained. One was Remington Rand, which dipped nearly 2 points to 16 following action of directors in omitting the dividend. Montgomery Ward was down nearly a point at 25 on profittaking, and Radio eased off fractionally at 23%. North American sold off %to 84 1 /4 in the utilities. Auburn Auto was buffeted during the morning. It touched 202%, ran up to and then fell back 3 or 4 points from the high around noon. The issue closed Monday at 20314. General Motors, American Can, Westinghouse Electric, United Aircraft, Union Carbide, Worthington Pump, A. M. Byers, Case and a long list of others held gains of fractions to 2 points. Oils Are Irregular Electric Power & Light, Standard Gas, Consolidated Gas and International Telephone were firm. Local tractions resumed their advance on expectation of favorable developments regarding unification of lines. Oil shares held within a narrow range with changes irregular apparently disregarding the virtual killing by the senate of the Capper bill to limit importation of foreign crude oil and its products. Copper shares ruled firm on better buying abroad of copper metal at firm prices.

Produce Markets

Eggs (country run)—Loss off delivered in Indianapolis. 10c; henery auality No. 1. 15c No 2 11c Poutrv (buying prices) —Hens, weighing 5 lbs. or over. 17c; under 5 lbs.. 16c; Leghorn hens. 11c; capons. 7% lbs. up. 28c; 6%-7% lbs.. 24c; under 6 % lbs.. 20c: springers, 5 lbs. or over. 17c; or under 5 lbs.. 17c: ducks, springers, lie; old cocks. 9@llc: ducks, full feather fat white 9c: geese. Bc. These prices are for No. 1 top Quality auoted bv Kingan & Cos. Butter (wholesale)—No. 1, 32@33c; No. 2, 30@315. Butterfat—29c. Cheese (wholesale selling price per pound)—American loaf. 31c; pimento loaf. 32c; Wisconsin firsts. 27c: Longhorns. 34c: New York Llmberser, 36c. By United Press NEW YORK. March 3.—PotatoesMarket. weak; Long Island. [email protected]; Southern Crate. $2.50: Maine, [email protected]; Idaho. 40c®52.50: Bermuda, $6.50@9; Canada, 50c®53.50. Sweet potatoes— Market .weak; Jersey baskets. [email protected]: Southern baskets. [email protected]. Flour— Market, steady and unchanged; spring patents. [email protected]. Pork—Market, firm; mess. $26.50. Lard—Market, firm; middlewest spot. [email protected]. Tallow—Market, steady; special to extra, 3%@S%c. Dressed poultry—Market steady to firm; turkeys, 30®43c; chickens. 25®29c; broilers, 30® 50c; capons, 26®45c: fowls. 14@25c; Long Island ducks. 226®24c. Live poultry— Market, steady; geese. 13@18c: ducks. 15@ 27c; fowls. 17@21c: turkeys. 30@40c; roosters. 14@16c: chickens. 21@29c; capons. 28 @42c; broilers. 25®38c. Cheese —Market, quiet: state whole milk, faeny to specials, 17@22%c; young Americas, 16%@20c. By United Press CHICAGO, March 3.—Eggs—Market, firm; receipts, 19,288 cases; extra firsts. 20c; firsts, 19c; ordinaries, 17%@18c; seconds, 16c. Butter—Market, firmer; receipts 14,924 tubs; extras. 27%c; extra firsts, 26% @27c; firsts, 25@25%c; seconds, 23%@24c; standards, 27c. Poultry—Market about steady; receipts 3 cars; fowls, 17%@20%c; springers. 26c; Leghorns. 17%c; ducks, 23c; geese, 14c; turkeys, 25c; roosters, 15c. Cheese—Twins. 14@14%c; young Americas, 16’/4@16%c. Potatoes—On track, 263; arrivals, 88; shipments, 695; market, about steady; Wisconsin sacked round whites $1.10®1.25; Minnesota round whites. sl.lO @1.20; Idaho Russets. [email protected]; Colorado McClures, branded, [email protected]. By United Press CINCINNATI, 0., March 3,—ButterSteady. creamery in tub lots, according to score, 27@29c; common score discounted. 2@3c; packing stock No. 1,22 c; No. 2. 18c; No. 3,12 c; butter fat. 25@ 27c. Eggs—Higher: cases Included; extra firsts. 20c; firsts., 18c; seconds, 17c; nearby ungraded. 19c; duck eggs. 25c. Live Poultry—Thin and coarse stock sell only at heavy discount; fowls, 5 lbs. and Over, 17c; 4 lbs. and over. 19c; 3 lbs. and over, 19c; Leghorns 3 lbs. and over. 15c; 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. 45c; roasting chicks] 4 lbs. and over, 24c; black springers, 15c.

NEW YORK COFFEE RANGE High. Low. Close. March 5.04 5.00 5.04 May 5.18 5.05 5.04 December 5.40 5.33 538

indigent persons more than 70; passed senate: awaits third reading in house. H. B. 20—Mandating counties to provide pensions of not more than $25 monthly to indigent persons more than 65: passed house; never reported by senate Judiciary c committee. „ S ' n l /2?~'S ro^i . d i n F that ln counties of o\er 50.000 all officials shall be nominated *5 convention: and ln counties of less than 50.000 allowing central committees to deu 1 ?, 11 }? whether primary or convention shall be held; precinct committeemen and delegates to county conventions to be elected in primary; passed senate; awaits action by house. S. B. 217—-Ousting present state highway commission and director and substituting anew board of four members to be named bv Governor with budget committee approval and to receive $6,000 annual’y; awaits third reading in senate. H. B. 103—Legalizing the parimutuel system of betting at horse races: passed house: awaits report of senate agricultural committee. H. B. 485—Creating state athletic commission to regulate boxing and permitting twelve-round decision bouts: passed houseawaits second reading in senate. H. B. 35—Levying a tax of 2 cents a pound on malt and 6 cents a gallon on wort: failed to receive constitutional majority in house and awaits another attempt at passage on third reading H. B. 272—Providing that portions of gasoline tax money distributed to counties cities and towns be budgeted only for maintenance and repair of roads, streets and bridges; awaits third reading in house S. B. 39—Prohibiting state board of education or state board of health from condemning school buildings, but permitting state boards to petition local authorities for condemnation; passed both housesawaits conference committee report In which both houses must concur. H. B. 382—Biennial appropriation bill originally appropriating $76,107,230 for maintenance of state institutions and departments for next two vears: reduced bv house amendments ln committee of the whole. H B. 72—Repealing the Wright bone drv law of 1925: never reported bv house public morals committee. H. B. 541—Repealing the Wright bone dry law and creating a state prohibition commissioner along lines of the Volstead act: never reported by house public morals committee. H. B.s 50. 51 and 52—Regulating the preparation, adoption, purchase and rental of school text books with intent to effect savings for parents; passed house: await report of senate education committee. H. B. 299—Core reapportionment bill defining twelve new congressional districts as passed by the Democratic house: but amended by the Republican senate to take the form of the senate Adams bill creating eleven districts and providing for election of one congressman at large; awaits Mcond rndin? in *n

BELIEVE IT or NOT

........ ..—.—.Hi.. . ........ A Disguised pocket-billiard °^ o InfAr% ES OUT -either HORIZONTALLY, \ PZ.AVED IM 3 YEARS • ***“• VERTICALLY OR DIAGONALLY

Dow-Jones Summary

Bank of Germany statement as of Feb. 28 shows gold 2,285.100,000 marks against 2,265,600,000 on Feb. 23 and circulation 4,428,000.000 against 3,704.400,000. Federal Light and Traction Compan*/ and subsidiaries twelve months ended Jan. 31 profit $2,273,776 after taxes, charges and preferred dividends of subsidiaries against $2,036,632 in preceding twelve months. Barnet Leather Company year ended Dec. 31, net loss $284,316 after depreciation, interest, investment adjustments, etc., against net loss $1,133,764 in 1929. TULSA—DaiIy average production crude oil In United States In week ended Feb. 28 totaled 2.103.111 barrels, a decrease of 55.673 barrels, according to Oil and Gas Journal. Pyrene Manufacturing Company year ended Dec. 31, net profit $262,350; profit $262,351 after federal taxes, equal to $1.19 a share (par $10) on 219,470 shares. .against $332,868 or $1.52 a share in 1929. New York cables at London opened at 4.85% against 4.85 25-32; Paris checks, 123.98; Amsterdam, 12.112; Italy. 92,735: Berlin, 20.435. * Montgomery Ward February sales $15,244,975. a decrease of $3,160,910. or 17.1 per cent from February. 1930; two months $31,865,213, ofT $4,871,785. or 13.2 per cent. Johns Manville Corporation in 1930 earned $3.66 a common share against $8.09 in 1929. Electric Storage Battery Company In 1930 earned $6.22 on combined common and preferred, against $8.77 ih 1929. General Cable Corporation and subsidiaries 1930 net loss $2,067,951 after interest. depreciation, etc., against earnings of $4.20 a common share in 1929. Bendlx Aviation Corporation in 1930 earned 56 cents a share against $3.53 in 1929; declared a division of 25 cents, payable April 1. record March 10; three months ago a similar division was paid. Chicago Burlington and Quincy railroad during February handled 107,214 revenue freight cars against 129,930 in February, 1930; two months’ loadings, 230,162 against 274,930 in 1930 period. Bangor Hydro-Electric Company twelve months ended Jan. 31 net income $857,944 after taxes and charges, including depreciation, against $814,979 In preceding twelve months. Standard Power and Light Corporation in 1930 equal $4.02 a common share against $4.24 in 1929. City Ice and Fuel Company and subsidiaries in 1930 earned $4.65 a share on 1,178,000 common shares against $4.69 a share'on 1.120,770 shares la 1929. American Stores Company and subsidiaries in 1930 earned $4.01 a share against $4.25 a share in 1926. National Acme Company In 1930 earned 1 cent a share against $4.20 in 1929. Nelsner Brother February sales Increased $78,293 over year ago to $944,001; for two months $1,979,062, up $293,907. Amalgamated Leather Company 1930 net loss $1,111,382 after interest, depreciation. Investment adjustment, etc., against earnings of $1.89 a 7 per cent share In 1929. Diamond Shoe Corporation and subsidiaries year ended Dee. 31, net profit $882,334 after depreciation and federal taxes, equal after divisVns on preferred stocks to $3.31 a share on 210.000 shares common against $1,186,024 in 1920, which computed on above number of shares is equal to $4.72 a common share. Celanese Corporation of American declared regular quarterly dividend of $1.75 on 7 per cent prior preferred, payable April 1, record March 14. Remington Arms Corporation declared regular quarterly dividend of $1.75 on first preferred, payable April 1, record March Inland Steel Company operations have been Increased to 60 per cent of capacltv from 50 per cent due to accumulation of large number of miscellaneous orders. Steel Ingot production In Chicago territory is 55 per cent of capacity, gain of 2 to 3 per cent over preceding week. OIL COMPANY OFFERS EXCHANGE OF STOCK Cities Service Will Trade 3 Shares for 5 of Richfield. By United Press NEW YORK, March 3.—An offer of exchange of two shares of its preferred B stock and one share of its common stock for each five shares of Richfield Oil Company of California preferred stock, was made today by the Cities Service Company through its fiscal agent, Henry L. Doherty & Cos. The Doherty company stipulated that it shall not be required to accept more than 100,000 shares of Richfield preferred and not after thirty days. Cities Service now owns working control of the Richfield company through open market purchase of its common stock, and the recent offer of exchange of one share of Cities Service, for every four shares ofg Richfield* common outstanding

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

Following is the explanation of Ripley’s ’“Believe It or Not” which appeared in Monday’s Times: Pennsylvania Not Settled by the Dutch and Not Named After William Penn--Pennsylvania was not settled by the Dutch, the socalled Pennsylvania Dutch are Dutch at all, but German. It is a common error to confuse Dutch with German in English-speaking countries. The German word for a native of Germany is ‘‘ein Deutscher,” and because this word has a ring similar to the word Dutch, the two often are confused and sight is lost of the fact that a Dutchman is strictly a Hollander or a native of the Netherlands. The so-called Dutch settlers were in reality natives of Pommerania, Alsatia, the Palatinate, and other purely German provinces. Pennsylvania was not named after William Penn, its own foun - der. In Penn’s own account of the history of the naming of the colony (his letter to Robert Turner of Jan. 5, 1681), there is the following passage: ‘‘And they added Penn to it and though I much opposed it and went to the king to have it struck out and altered, he said it was past and he would take it upon him, for I feared lest it should be looked on as a vanity to me. “But the king said we will keep it, but not on your account, my dear fellow. Don’t flatter yourself. We will keep the name to commemorate the admiral, your noble father.” Admiral William Penn was not a Quaker, but on the contrary, a very ardent antagonist of Quakerdom. See: John Fisk’s “The Quaker Colonies of America,” Vol. 1, p. 150.

A HogV Bristle Was the Original Hair, pring—The inventor of the mainspring for watches was Peter Henlein of Nuremberg of Germany (about 1500), who manufactured the first of portable watches. Henlein’s product, known as the “Nuremberg’s Eggs,” was of remarkable craftsmanship, but was inaccurate. The necessity to equalize the pressure of the mainspring led to a still more important invention, the so-called “hairspring” (balance spring). Its inventor, Robert Hooke of England used actual pig’s bristles in the construction of the first •‘hairspring.’ Hence the name of the “hairspring,” which survives to this day, although the original “hair” long since has been replaced by balanced springs of metallic make. Wednesday: The Bearded lady and Her Bearded Baby,

Bank Clearings

INDIANAPOLIS STATEMENT —March 3 Clearies $4,014,000.00 Debits 7,160,000.00 CHICAGO STATEMENT —March 3 Clearings $99,600,000.00 Balances 6,100,005.00 TREASURY STATEMENT —March 3 Net balance for Feb. 23 $150,397.679 90 Expenditures 3.593,837.44 Customs rects. month to date 28.106.963.47

New York Bank Stocks

(By Thomson & McKinnon) —March 2 Bid. Ask. America 70 Vi 73*4 Bankers 11674 119' 2 Brooklyn Trust 545 555 Central Hanover 267 272 Chase National 103 106 Chatham Phoenix Natl 8274 8674 Chemical 50 52 City National 101 104 Corn Exchange 126 130 Commercial 325 340 Empire 57t~ 60'j First National 4,080 4 280 Guaranty 547 552 Irving 39** 41S Manhattan & Cos 91 94 Manufacturers }... 52 54 New York Trust 185 190 Public 5654 62 Vi

Local Wagon Wheat

City grain elevators are paying 66c for No. 1 red wheat and 66c for No. 1 hard wheat. RAW SUGAR FRICES High. Low. Close. January 1.53 1.50 1.50 March 1.20 1.19 1.20 Mav 1.29 1.26 1.26 July 1.38 1.34 1.34 September 1.44 1.41 1.41 December 1 ff 1 48 1 48

|-i \r Registered O. & U y l ateot Offica RIPLEY

The City in Brief

WEDNESDAY EVENTS Apartment Owners’ Association luncheon, Spink-Arms. Kiwanis Club, luncheon, Claypool. Purdue Alumni Association, luncheon Severin. lUini Club, luncheon, Lincoln. Mutual Insurance Association, luncheon, Columbia Club. Indianapolis Car Inspection Association members met Monday night at the Severin. W. F. Stewart, car inspector for the Baltimore & Ohio railroad, spoke. Professor Walter Gingery, principal of Washington high school, will speak at the luncheon of the Kiwanis club Wednesday at the Claypool. Executives of the Norge Corporation of Detroit attended the convention of local Norge refrigerator dealers at the Severin today. Lecture on Christian Science by Cyrus S. Rogers, C. S., of San Francisco, at 12:10 p. m., Monday, in Keith’s theater, under auspices of the Second Church of Christ, Scientist, has been announced. City council men Monday night rezoned the south side of Thirtieth sreet, from Shriver avenue to California stret for business. Old age pension bill now before the Indiana legislature, under sponsorship of the Fraternal order of Eagles, was discussed before the Indianapolis aerie Monday night by Jacob J. Reisinger, state representative from Vanderburg county. Other speakers were Wallace J. Dillingham, Warsaw; Arthur M. Follis, Wabash, officers of the order, who spoke on membership campaign activities.

Ordinance providing for additional inspectors and higher fees for restaurants was withdrawn Monday night by city councilmen. Councilmen, after investigation, declared the measure was not feasible. The Channing Club of the AII- - Unitarian church will present the third annual revue, “Cannabilanna,” Friday and Saturday nights, March 13 and 14, at the Civic theater. Plans for the annual Alpha Tau Omega fraternity state banquet to be held March 21 were discussed at a luncheon today at the Indianapolis Athletic Club. Annual convention of the Illinois and Indiana Egg and Poultry Associations will be held Thursday and Friday at the Claypool.

Net Changes

By United Press NEW YORK. March 2.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. Off. [American Can 12174 ... 374 American & Foreign Power 41** ... 1% American Smelting 52 5 * ... 3% American Telephone .196 ... 2Vi Atchison 192*4 4 j Auburn 203 1 < Vi ... Byers 62*4 ... % ' Case 114’ 2 ... 5’ 2 Consolidated Gas 977* ... 2'2 Electric Power 54V; ... 3 3 * General Electric 50 3 4 ... I 3 * Geenral Motors 43 ; 2 ... 74 Gillette 29*8 Vi ... International Telephone ... 32 1 ,* ... I*4 Loew’s Inc 57V4 ... 2 Montgomery Ward 25 3 4 ... 174 iNew York Central 12074 ... 5Vi Packard 11 ... Vi [Pennsylvania Railroad .... 61 3 * ... 1 Radio 24 3 ... 1% Radio-Keith 20* 2 ... 1 [Sinclair 13% ... 1 I Standard Oil New Jersey... 48% ... I*4 ; Transamerica 1574 ... % i Union Carbide 66U ... 1 3 4 United Corporation 23*4 ... *, ! United States Steel ...,145 V* ... 2Vi [Vanadium 54 ... 2 7 8 Westinghouse Electric 98’* ... 47* Worthington Pump 92*2 ... 57* Chicago Stocks Opening • By James T. Hamill & Cos.) —March 3 Assoc Tel Util.. 25 Insull 6's of 1240 9f* Bendix Avia ... 22 3 4 Lion Oil ....... 6V4 Borg Warner .. 28 3 4 Ma) Hsehold ... 5 3 4 Cent So West.. 23*2 Marshall Fields. 30*2 Cord Corp 10 Middlewest Oom 24 *4 Con Ch Cor Cos B*4 ; Natl Sec pfd .. 72% Con Ch Cor pfd 38% Nor & So Amer. II Chi Securities.. 20 Noblitt Sparks.. 44 Grigsby Gru .. 5 3 i Svift ACo 29% Houdi A 15 3 4 Swift Internatl. 38*4 Houdl B 7'* U S Radio <fc Te 28V 4 Elec Hsehold .. 27% Ut & Ind Com.. B*4 Insul Com .... 45*. Util k Ind pfd. 18% Insull pfd 85 | Zenith Radio . ) 4%

31 ARCH 3,1931

GRAIN FUTURES HOLD DULL ON FOREIGN NEWS Private Reports Increase Bearish Sentiment in Wheat Mart. By United Press CHICAGO, March 3.—Deferred wheat futures were weak as the Board of Trade opened today in sympathy with the declines in fortign markets. The nearby months were steady, with the farm board ready to support the market should 1 heavy selling develop, but the traders fearing to press the selling side Com was unevenly steady, with May j touching anew low for the season at the start. Oats were off, with March dropping to anew low for the crop on liquidating sales. Sentiment was generally and wholly bearish. English Market Off At the opening old wheat was unchanged, new wheat was S cent to % cent lower, corn was % cent lower to U cent higher and oats were unchanged to s * cent lower. Provisions were firm on a light run of hogs. Liverpool was much lower than expected, largely due to the anxiety over the farm board prices on exports. At mid-afternoon the English market was off % to 114 cents. Buenos Aires was % cent lower just before noon. The bearish sentiment in wheat was increased Monday by the statistics showing private reports as well as by the primary movement, which continues heavy. Support of old May and reported sales by the farm board at the Gulf to Europe at satisfactory prices in competition with Canada had no effect. The carryover in the United States is at a record high figure, to which must be added anew crop within a couple of months. This was renewed the courage of the bears. Demand Is Weak Private estimates, while 245,000,000 ; bushels less than a year ago, were ; somewhat bearish, owing to the lib- ; eral supplies of other grains, which may be used for feed. The slack shipping demand is most, depressing factor. j Selling of oats follows the decline in other grains. The private estimates showed plenty of oats being carried over, which added to the depression. Action is confined to purchases of the current month by cash ; interests in Chicago. Chicago Grain Table —March 3 WHEAT (old) Prev. v High. Low 11:00. close May ........ .81% .81% .81% .81% July 636* .63)4 .63% .6364 Sept 63% .63)4 .63*4 .63% CORN (old) May .63% .62% .63% .62% July 65% .65)4 .65% .65% Sept *... .65% .65 .65% .65’/ 8 OATS (Old) May 31 "4 .31% .31% .31% July 31% .31*4 .31% .31% Sept 32 .31% .31% 32% RYE (old) May 40% .39% ,40)4 40 July 41 % 4t V* .41% .41% LARD (old) May 8.85 8.80 8.85 8.77 July 9.02 9.00 9.00 8.95 By Times Special | CHICAGO. March 3.—Carlots—Wheat, 181; corn, 379; oats, 28. Other Livestock By United Press EAST ST. LOUIS. 11.. March 3.—Hogs— Receipts. 12.000; market. 15@20c hiener: top. $7.50: bulk. 160-230 lbs.. $7.30®7.45: 260-300 lbs. [email protected]: sows. $5.75@6; 100140 lbs.. $6.75®7. Cattle—Receipts. 3,000: calves, receipts. 1,500; market, indications, steady on steers and strong on mixed yearlings and heifers: vealers 50c lower at $8.50; other class steady with sausage bulls steady to strong. Sheep—Receipts 2.000: market, no sales; packers bidding lower; asking steady; holding better lamb around $8.25®8.50. | By United Press PITTSBURGH. March 3i—Hogs—Receipts. 1,000; holdovers. 500; market steady to 10c higher: 160-220 lbs.. $7.65/" 7.85; 220-240 ihs.. $7.45®7.65; 250-300 lbs. s7® 7.35; 140-160 lbs.. 57.35®7.75; pigs mostly $7{?7.25; good packing sows up to $6. Cattle—Receipts. 15; market nominally steady. Calves —Receipts, 100; market slow to steady; choice vealers. $9.50®10: medium to good kinds mostly s6®9. Sheep —Receipts. 500; market, steady: good to choice wooled lambs. $8.50®9; medium to good clippers, $7®8.50. By United Press EAST BUFFALO, N. Y.. March 3.—Hog; —On sale. 950: active to all interests; generally 15c. higher; bulk desirable, 160-260 lbs., $7.90®8; few. $8.05; 270-300 lbs., $7.50 ®7.85; 150 lbs. and down. $7.25® 7.75. Cattle—Receipts. 25: nominally steady Calves—Receipts. 100: vealers steady at Monday’s decline: good to choice, 59.50 to mostly $10; common and medium. So-/ 7.50. Sheep—Receipts, 200: lambs unchanged; better lots. 59®9.10; In-between grades. $8.25®8.80.

James T. Hamill & Company Private Wires to A!) Lndts; Markets. Indianapolis MEMBERS ■"* Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associated New York Cnrb 203 Continental Bank Bldg. Tel. Riley 5493— Riley 5454

DIVIDEND NOTICES UTILITIES POWEft & LIGHT SYSTEM (For quarter ending March 31, tti3l) T Interstate Power Company $7 and $6 Dividend Preferred Stock* Quarterly divid'd $7 pfd .$1.75 per share Quarterly divid'd $6 pfd.. 1.50 per share Payable on April l, 1931 To stockholder* of record Mar. 5, 1931 ▼ Central State* Utilftie* Corporation $7 Dividend Preferred Stock Quarterly dividend. . .$1.75 per share Payable on .April 1, 1931 To stockholder* of record Mar. 5, 1931 ▼ Central States Power 4 light Corporation $7 Dividend Preferred Stock Quarterly dividend sl-75 per share Payable oo April 1, 1931 To stockholders of record Mar. 5, 1931 ▼ Indl'inapoß* Power 4 light Company 4’/} % Cumulative Preferred Stock Quarterly dividend.. sl.62V* per star* Payable on. April 1, 1981 To stockholder* of record Mar. S, 1931