Indianapolis Times, Volume 42, Number 265, Indianapolis, Marion County, 17 March 1931 — Page 12

PAGE 12

STOCKS DECLINE ON WEAK TREND IN RAIL SHARES Foods and Coppers Display Strong Tone; Utilties Hold Steady.

Average Stock Prices

Average of thlrtv Industrials for Monday was 183.61, up 2.83. Average of twenty rails was 102 19 up .36. Average of twenty utilities was 72 73 up 165 Average of forty bonds was 96.56. up .07. BY ELMER C. WALZER, United Press Financial Editor NEW YORK, March 17.—Weakness in the railroad list worked against a rising stock market in the early trading today and at noon prices sold down from the highs of the day. Two groups stood out on the rising side. They were the foods and the coppers. In the food group, Purity Bakeries equaled ita 1931 high at 55, up H 4, while new highs for the year were made by Gold Dust at 40'3, up P 4, and National Dairy Products at 49, up -14. Borden and Standard Brands were active. Coppers Move Up In the copper group, American Smelting rose to 53 3 , up iv„; American Metal 2214, uplli; International Nickel 19 1 b , up Vi; Anaconda 40, up %, arid Kennecott 20 ,up •!*. Woolworth was a strong spot in the mercantile division, while R. J. Reynolds featured tobaccos, both making new highs for the year. United States steel opened at 147, rose to and then fell back more than a point only to rally again toward 148 around noon. Westinghou.se Electric was sold down to 89. off 2Vs, while Warner Brothers Pictures, American Can, Radio Corporation and Fox Film A recorded smaller losses. Utilities Stronger Near noon utilities were holding within a fraction of the previous close. Earlier in the session, United Corporation. Consolidated Gas and Public Service of New Jersey made new- 1931 highs. Van Sweringen issues were sold in the railroad list. Chesapeake Corporation lost, a point to 44 and Chesapeake Sc Ohio % to 40%, while Alleghany Corporation was down a smaller amount. Others of the carrier list were down fractions to a point with the exception of Union Pacific, which rose l'i to 191%.

Bank Clearings

INDIANAPOLIS STATEMENT —March 17— £iS?,! inKS * 2.842.000.00 newts 10,678.000.00 CHICAGO STATEMENT —March 17— Clearings $96,100,000 Balances 6.800.000 TREASURY STATEMENT -March 17— Nrt. balance for March 14 $61,936,700.12 Expenditures 11,891,951.01 CUttoms rects. mo. to date... 14.578 305 53

New York Curb Market

Bv Thomson & McKinnon) March 17— 11:301 11:30. Am Com Pwr.. 16 |Midwest Ut .. 24% Am Gas A El.. 82% Mo Kan Pipe .. 9% Ark Gas 5%, National Inv .. 6% Aviation of Am. 29% Newmont Min .. 55 Can Marc 3%'Nla Hud Pwr .. 15'? Cities Serv ... 18%|Noranda 19% Cons Gas 97% Pantepec 1% Cord ~ 10%|Penroad 7 Durant Mot 2%|Salt Creek 6% Elec Bond 9h-... 58%5el Indus 4% Ford of Eng... 17%IShenandoah ... 6’* Goldman Sachs 9%'Std of Ind 32% Gulf Oil .... 68% Std of Ky .... 22% Hudson Bay ... s%]Un Gas (new) 10% Hublc Oil .... 57%1Un Verde 13'? Insull Ut 46 Ut & Indus ... 9% Int Super .... 32'*;Ut Power 12% Tnt'Pete 177* Vacuum Oil .... 57 Lion Oil t 6 iWallgreen 26

Net Changes

By United Press NEW YORK. March 16,—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. Off. America Can 129 s ' 1% ... American & Foreign Pow.. 47'< 2'* ... American Telephone 194'j 3 g ... Anaconda 39 l ,i 7 4 ... Auburn 198 9’,i .. Bethlehem Steel 63 2 Bvers 5744 2 s ,a ... Case 115■’§ 3 3 ... Consolidated Gas 108 2V5 ... Klectric 58* g l ... Pox Film A 33 s i ... General Electric 52 ! 'a 1 1 4 ... General Motors 44’ 4 U ... International Telephone.... 37 3 s 14's ... Loe's Ipc 97 1 8 ... 1 \ r 2 Montgomery Ward 26' ? Vi ... N V Central 1134a ... 3 a rhilglps 12'* ’i ... Radio 2544 Radto-Ketth 22 Vi ... Sinclair 13 'a V* ... Standard Oil N J 46Vi '4 ... Union Carbide 67 174 ... United Corporation 30 7 a ’a ... U S Steel 146', l 3 * ... Vanadium 69' z IV* ... Warner Bros. Pictures 13’a ... ’a W<stinehouse Electric 91V IJ* ... Worthington Pump 91*a 6'.a ... Chicago Stocks Opening ißv James T. Hamill As Cos.) —March 17— Bepdix Avia.... 23Vi|Insull Com .... 46'4 Rorg Warner... 28't Mai Hshld .... 574 Cert So West.. 23', Marshal Fields.. 30’i Cord Corpn 10-'aiMtdl Un com... 20's ."ont Cli Cp com 8 3 * Mlddlew c0m.... 24 3 Cent Pub Serv. 19 Nat’l Sec com.. 6 3 * Comw Edison .248'< iNoblltt Soarks.. 47 3 a Chtto Sec 20', Swift Interna... 38's Gen Thea Eq.. 12 USRa & Tel.. 32'a Grigsbv Gru.. 6 Util & Ind com. B’* Elec Hshld.... 26'4 Zenltn Radio... 4 3 * Marriage Licenses John W. Crouch, 35. of 638 Highland place, machinist., and Murrel F. Cooper. 34. es 320 Virginia. Sanford P. Secrest. 72, of 3554 College, retired, and Jennie M. Hartman. 44. of 3554 College, nurse. I-ester C. Leper. 23. of 820 Union, baker, and Mary L. Still, 18, of 820 Union. John Stetrel. 32. of Indianapolis, professional golfer, and Gene G. Douglas. 33 Os 1054 West Thirty-fourth. Kenneth Lovalette. 24. of 6340 Park, mechanic. and Nellie I. Keller, 21. of 6340 Park. Leslie H. Brandt. 22, of 801 East Son therm carpenter, and Edith L. Bobbin'. 21. of 1721 Milbum. clerk. RAW SUGAR PRICES —March 16— High. Lew. Close. January • 1.48 March 1-33 1.22 1.22 May 1 24 1.23 1.23 July 1.31 1.30 LSI September 1.41 1.38 1.39 December 1.48 1.46 1.47

James T. Hamill & Company FHnt* Wire* to All Leading Market*. Indiana poll* MEMBERS Chicago Stock Exchange Chicago Board of Trade ladlanapnli* Board of Trade Aaeoclated New York Curb 203 Continental Bank Bldg. Tel. Riley M 93 Blley MM

New York Stocks <By Thomson A: McKinnon) ————

—March 17— Prev. Railroads— High. Low. 11:30. close. Atchison 190% 19014 190% 290 Balt A Ohio 76% 75 75 75Vs Checa A Oh<o.. 41 Va 40'4 40% 41 Chesa Corp .... 45 44’? 44% 45 Chi Grt West ’a 6% Chi N West 38 38 C R I ft P 59 60 Del L & W 83 V Del A Hudson 146% Erie 31 31 Erie Ist pfd 42’,4 Oreat Northern 62 >4 62% 62'/ 62 V Illinois Central 77 76 76 75 Kan City So 41V. . Lou A Nash 101 101 M K & T 19’? Mo Pacific ... 34 Mo Pacific pfd 95 N Y Central. ...114 113*4 113*-4 113% NY NH * H.... 90 89% 90 89% Nor Pacific 53% Norfolk A West 200% Pennsvlvanai .. 59% 59 V. 59% 59% Beading 79% So Pacific 100% 100% 100% 99% Southern 8y.... 53 52% 52% 52% St Paul St Paul pfd 10% St L Ac S F ... 37% Union Pacific 190 190 Wabash 17% W Man-land ... 16 Equipments— Am Car A Fdv.. .. 36 Am Locomotive 27 Am Steel Fd 277. Am Air Brake 8 35 Gen Am Tank.. 69% 697s 69% 69% General Elec.... 52% 51% 51% 52% Gen Bv Signal , 79 ,8 Lima Loco 30% 30% 307a 30 Press Stl Car.. 6% 5% 6% ... Pullman 54 53% 53% 53’a Westingh Ar 8.. 3474 34% 34% 34-. Westlngh Elec Rubbers— * Firestone *6% Fisk % % Goodrich 18% 18% 18% 18v* Godvesr 487 a 47% 48 4i% Kelly Sorgfld . • 2 , U 3 Bubbcr 187* 18 18 18% Auburn ....202% 199% 200% *£?., Chrysler 24% 24 24% 24 4 Gardner *% Graham Paige.. .. ... ... 4? General Motors. 44% 44% 44% 44% Hudson 22% 227 t 22% 22% Hupd 11? 11, Mack 39’'a 39% 39% 39% Nash 38*4 377. 37% 37% Packard ... 107s Beo 87? 8 87. 8 Studebaker 24% 24 24% 23% Yellow Truck.. 13% 13*. 137. 1374 Motor Access— Bendlv Aviation. 237a 237? 237a 23*4 Borg Warner 29*/? 287? 29 28% Briggs 21% 217? 21*4 20 Budd Wheel .... 1174 11% 1174 11% Eaton 2174 207. 21 2074 El Storage B 64% 64 _ Hayes Body 67? (W Houda 874 8% 8% B'. Motor Wheel 18*/4 18% SpArks W 13/a 13% Stewart Warner 21®? 2074 21 2074 Ttmkln Rol 5674 5574 567* ... Mining— Am Metals 21 31 Am Zinc 774 7 7*4 . • Anaconda Cop ... 39% Cal Ac Hecla ... 97? 97* Cal Ac Ariz 43% 42 437? ... Cerro de Pasco.. 287? 277? 28% 2774 Freeport Texas.. 38 3674 37 3774 Granby Corp ... 2074 20*? 2074 t 2O Great Nor Ore.. .. ... ... 21 Howe Sound ... 27 26 27 267? Int Nickel 19*? 187? 19 18% Inspiration 10% 10 10% 97? Kennecott Cop.. 297? 287? 29% 27% Magma Cop 237? 22% Miami Copper 9 8% Nev Cons 13% 13% 137? 13% Texas Gul Sul 53 U S Smelt 25% 25Vs 2574 25 Oils— Am Republic... 1174 All Refining.... 20*? 19% 207? 19% Barnsdall 12% 127? 12*4 12% Houston 1274 12% Indian Beflning .. 30% Mex Seaboard.. ... 1774 177? Mid Conti 14 137? 137? 13 Pan-Amer IB) ... 35*4 Phillips 127? 127? 12*4 12*4 Pr OH A Gas 16*? 15% Pure Oil 9*/s 9*4 Bich field 47? Roval Dutch 39% 38% 397? 38 Shell Un 8% B*4 8% 8 Sinclair 167? 157? 15% 13% Skelly 97? 9*4 Standard of Cal 46% 457? 46% 46% Standard of N J 46% 46% 46% 46% Standard of NY 24 227? 227? 23% Texas Cos 307? Union Oil 227? ... 227? 22% Steels— Am Roll Mills. 31% 31 31% 3074 Bethlehem .... 63% 62% 63% 63 Bvcrs A M 597? 587? 59% 577? Colo Fuel 25% 24*/a Cruc Steel . - ... 597? ... Ludlum 18 177 a 18 177? Midland 287? 28 28* a 28 Newton ...... .. ••• 19 Renuh lAc 8... 22% 2174 22*4 217? U S steel 14774 147 1477? 146% Vanadium 707* 69% 69% 69% Youngst SAc W 267* 257a Tobaccos — Am Tob (A) new .. ... 117% 117 Am Tob (B) new 1207 a 11974 120*8 119* = General Cigar ... ••• 44*4 Lig Ac Myers 8.. 89% 897? 89’* ... Lorlllard 18-:* 18 18% 18,* Reynolds Tob .. 51% 51*4 51% 51 Tob p°r n V T ? b :::: 12*,? • n J' 8 Tob Pl B •• 3*4 274 3 27? United Cig 57* 57a 57* 57* Utilities— Abitibi 1174 111? 11% IJ% Adams Exp .... 21% 21% 21% 21% Am For Pwr ... 47% 47% 47 f i 47% Am Pwr Ac LI .. 597? 597* 59% 56% AT&T 196 195 195 194*/a Col Gas Ac E 1... 43*? 4374 4374 43 Com Ac Sou .... 11% 11% 11% 11% El Pwr Ac Li 59V* 587* 587* 58*a Gen Gas A B'4 87? 87? 77? Inti TAc T .... 37% 37*a 37*? 37% Natl Pwr Ac Li.. 427? 417? 41% 41% No Amer Cos .. 8674 86*4 8674 867? Pac Gas Ac E 1... 53*4 5274 5374 53'a Pub Ser N J ... 95*4 9374 94% 93% So Cal Edison .. 52% 527? 52% 52% Std GAc El 87 % 87 877? 85% United Corn ... 31*? 30% 31 30% Ut Pwr Ac L A.. 29’? ... 49’? 297a West Union ....1387* 138 1387* 136 Shipping— Am Inti Corp... 2174 207? 217? 20% Tntl Mer M pfd 16 16 United Fruit ... 6574 657? 657* 65% Foods— Am Sug ... 54 03 V? Armour A 3 Cal Pkg 4*74 Can Dory 37 Childs Cos 32'/* Coca Cola ... 1627? ... Cont Baking A.. 27 26% 26% . 2674 Corn Prod 85 8474 85 847? Crm Wheat 34 33% Cudahy Pkg ... 48 4774 Gen Foods 55 5374 54 % 53'? Grand Union 167* Hershey 97',? 97 977? 9674 Jewel Tea 53 527? 53 527? Kroger 34% 33% 34% 33% Nat. Biscuit 8274 82% 8274 81% FlUsbury 36 35'? 36 35*4 Safew-ay St 60'? 59*4 60% 68*4 Std Brands 20% 1974 207? 19-% Ward Bkg 6 Drugs— Cotv Inc 15% 147* 15'? 1574 Lambert Cos .... 86',? 857? 85% 8774 Lehn Fink 34 3474

Produce Markets

Eggs (country run)—Loss off delivered in Indianapolis. 17c: henery quality No. 1. 18c: No. 2. 12c. Poutrv (buying prices)—Hens, wt'ghlng 5 lbs. or over. 17c: under 5 lbs., 16c: Leghorn hens. He: canons, 7'4 lbs. up. 28c: 6'4-7'4 lbs.. 24c: under 6*4 lbs.. iX)c: springers. 5 lbs. or over. 17c: or under 5 lbs.. 17c: ducks, springers, lie; old couks. 9® 11c: ducks, full feather fat white 9c: geese. Bc. These prices are for No. 1 top aualitv Quoted bv Klnean & Cos. Butter (wholesale' —No. 1. 31®32c: No. 2. 299 30c. Butterfat—3oc. Chtese (wholesale selling price per pound'—American loaf. 31c: pimento loaf, 32c: Wisconsin firsts. 27c: Longhorns. 34c; New York Limbercer. 36c. By United Press NEW YORK. March 17.—Potatoes—Market. quiet and easv: Long Island. $2.509} 3.85; southern. $3.5093.80; Maine. $2.75® 3.40: Idaho. 35c952.40 per sack; Bermuda, $799; Canada. 50c952.75. Sweet potatoes —Market, quiet: Jersey baskets. 75c953.50; southern baskets. $1.50®2.15. Flour—Market. quiet and steadv: spring patents, $4.509.4.80. Pork—Market, easy: mess. $26.50. Lard—Market, firmer; middlewest spot. $9.60 9 9.70. Tallow—Market, quiet; special to extra. 3 i *<BZ' IKC. l KC. Dressed poultrv —Market. dull: turkeys. 259 43c; chickens. 259 38c: broilers. 30 9 50c; fowls. 14926 c: Long Island ducks. 23®24c. Live poultry—Market, firmer: geese, 11915 c: ducks. 159 25c; fowls. 22®27c; turkeys. 28 942 c: roosters. 14@>16c: chickens. 199 30c; capons, 219 42c: broilers. 32c. CheeseMarket, ouiet: state whole milk, fancy to special, 16®22'4c: young Americas, 16 S'2oc. By United Press CLEVELAND, March 17.—Butter—Etras. 29: standards. 29c. Eggs—Extras. 21c; firsts, 20c. Poultry—Heavy fowls. 22c: medium. 23c: Leghorn fowls, 20c; heavy broilers. 21® 23c: Leghorn broilers. 15c: ducks. 25c: old cocks. 13c: geese. 15916 c: capons. No. 1. 289 33c. Potatoes—Maine Green Mountains. $2.40 9 2.50; best mostly $2.50 per 120-lb. sack: Idaho russet. s2@ 2.15; Bakers. $2.159 2.25 per 100-lb. sack. By United Press CINCINNATI, O. March 17.—Butter— Steadv: creamery in tub lots according to score 29 9 31c; common score discounted. 293: packing stock No. 1,24 c: No. 2. 20c; No. 3. 12'ac: butter fat. 28930 c. Eggs—lower: cases included: extra firsts. 19c; seconds. 17c: nearbv ungraded. 18 Uc: duck eggs. 26c; goose eggs. *l. Live PoultryThin and coarse stock sell only at heavy discount: fowls. 5 lbs. and over. 22c: 4 lbs. and over. 22c: 3 lbs., and over. 22c: Leghorns. 3 lbs. and over. 19c; roosters. 13c; capons 8 lbs. and over, 32c: under 8 lbs., 28c: slips. 32c; broilers new crop full feather l'/ lbs. and over. 35c: over I*4 lbs. 42c: partly feathered. 25930 c: Leghorn broilers full feathered I'* lbs. and over. 33c: over I*4 lbs.. 35c. By United Press CHICAGO. March 17.—Eggs Market, easier: receipts. 31.595 cases: extra firsts. 21c: firsts. 18Ji®20c; ordinaries. 18c: seconds. 16*4c. Butter —Market, unsettled; receipts 15.597 tubs; extras, 29c: extra firsts. 28'4®28'4c: firsts. 27®27 3 4c; seconds, 25®26c: standards. 29c. Poultry— Market about steady; receipts 1 car; fowls. 23 9 24c: springers. 26c: Leghorns. 21c; ducks. 23c; geese. 15c: turkeys. 25c; roosters. 15c. Cheese—Twins. 1414 c: Young Americas. 16*4®16'4c. Potatoes —On track 260; arrivals, 1222: shipments. 743; market slightly stronger: Wisconsin sacked Round IVnitcs. *1.40® 1.55: Minnesota Round Whites. *t.30®1.40; Idaho Russets. $1.509 1.70: Colorado bro***! beauties, *1,65 l-75,jred McClures. *1 ?0.

Industrials— Am Radiator ... 207? 207? 20% 20 Bush Term 277* 27 27'i ... Certainteea 4 4 Gen Asphalt 37% 37 7 4 37 74 31 7* Otis Elev 54% 53% 54'.? 54% Indus Chems— Allied Chem ....156 1537? 156 153'? Com Solv 20 19% 19% 19** Union Carb 67% 66% 66% 67 U 8 Ind Alco ... 7174 70ia 707? 71% Retail Stores— Assoc Drv Gds.. 277? 27’? 27'? 277* Gimbel Bros , ... 6% ... Kresge S S .... 2s*a 27*4 27% 27*4 May D Btore 37 37 Mont Ward .... 27'? 26% 2674 26% Penny J C .... 37% 37% 37% 36% Schulte Ret St.. B*4 7*/ 8>? 277* Sears Roe 60% 59% 59% 60 Woolworth 65% 65 65 % 6474 Amusements— Bruns Balke 11*4 Col Graph 16% 15% 15'?- 15% Eastman Kod ..171 1697? 169’? 1707* Fox Film A 3374 32% 32% 33 Grlgsbv Grunow , 6 5% 6 Loews Inc 58*4 58 58 57% Param Fam ...44% 44 44% 43% Radio Corp 25% 25 25% 25% R K O 22', 22 22's 22 Schubert B*2 8 Warner Bros 14 13% 137s 137? Miscellaneous— Airway App 7 7 City Ice Ac Fu 36'? Congoleum 10'? 10‘* Am Can 1267? 125% 126% 125% Cont Can 58% 58% 58% 58% Curtiss Wr 5'., 5 57a 5',? Gillette SR 33% 33'/s 33% 33 Real Silk 25 Un Aircraft 36% 3574 35% 35’? Int Harv 57% 567? 57% 567?

The City in Brief

WEDNESDAY EVENTS Indianapolis chapter. National Association of Cost Accountants, dinner, Spink-Arms. Kiwanis Club luncheon. ClaypooL Lions Club luncheon. Lincoln. Purdue Almnt Association luncheon, Soverin. Illinl Club luncheon. Board of Trade. Mutual Insurance Association luncheon. Columbia Club. Apartments Owners’ Association luncheon. Spink-Arms. Following a onc-day recess when they attended the funeral of George W. Lewis, miner legislative representative in Springfeild, 111., members of the international executive board of the United Mine Workers of America reconvened today in the miners’ headquarters in the Merchants Bank building. L. E. Banta, traffic manager of the Indianapolis Board of Trade, presided today at the spring meeting of the Ohio Valley shippers’ advisory board in Columbus, O. Banta and Howard Koch, president of the Indianapolis Traffic Club, led a delegation of forty Indianapolis shippers attending the session. Attorney-General James M. Ogden will be principal speaker at a St. Patrick’s day dinner of the Men's Muster Club at Roberts Park M. E. church tonight. Other speakers are Dr. O. W. Fifer, superintendent of the Indianapolis district of the Methodist church, and the Rev. A. H. Kenna, Roberts Park pastor. Grace Construction and Supply Company, Ft. Wayne, has secured a $194,081.91 contract from, the state highway department for paving thirteen miles on state Road 28, between Tipton and Alexandria. Twenty-four delegates representing twelve churches in the new West Side Christian Endeavor Union were elected Monday night at a meeting at the West Washington street Presbyterian church. The delegates will meet again March 25, at the Y. M. C. A. to complete organization of the union. Suit for $15,000 was filed by Grant Stephens against the Red Cab Company in superior court two today. Stephens alleged he suffered permanent injuries when struck by a cab Oct. 18. The power of the “cleansing stream of heaven over the stream of earth’’ was stressed by Dr. Harry C. Rogers of Kansas City, Mo„ this neon in the second sermon of the series of pre-Easter meetings being held in the First Baptist church. The noonday pre-Lenten services are sponsored by the Church Federation of Indianapolis.

Other Livestock By United Press Ma £ch 17.—Hogs—Receipts, 21.000; including 4.000 direct; slow, steady tOP- *8.30; bulk. 140-210 lbs.. $8.10®8.25; 220-320 lbs., 87.15@8: pigs. $7.25r.7.75: packing sows. 56.25W6.t5: light lights. 140-160 lbs., good and choice. sß.lo® 8 25: light weight. 160-200 lbs., good and choice, [email protected]: medium weights. 200250 lbs., good and choice. $7.6098.25: heavy weights. 250-350 lbs., good and choice. sl@ 7.75; packing sows, 275-500 lbs., medium ™ good. [email protected]: slaughter pigs. 100130 lbs., good and choice. $7.5098. Cattle —Receipts. 5.500: calves. 2.000; killing quality plain: largely steer and yearling run with lower grades predominating; desirable light mixed and heifer yearlings strong, selling mostlv *7.5098.50 with a sprinkling. $9 and better: not may steers here of value to sell above $9: most earlv sales being at $79 8.50. Slaughter cattle and vealers—Steers. 600-900 lbs* good and choice. $8.75911; 900-1100 lbs., good and choice, $8.50911: 1100-1300 lbs., good and choice, $8.50® 10.75: 1300-1500 lbs., good and choice. $8.50910.75: 600-1300 lbs., common and medium. *6.2598.50; heifers, 550-850 lbs., good and choice. $899.75; common and medium. $69 8.25; cows.' good and choice, $597; common and medium. $4.25®5.25; low cutter and cutters. *3.259 4.25: bulls, yearlings, excluded, good and choice beef. *4.2595.75; cutter to medium. [email protected]; vealers. milk ted. good and choice. [email protected]; medium, $696.50: cull and common. $49-6. Stocker and feeder cattle—Steers. 500-1050 lbs., good 'and choice, $7.25 98.50: common and medium, $5.2597.25. Sheep—Receipts, 15,000; strong to unevenly higher: fat lambs, active: several loads to outsiders. $9.259 9.39: some held higher: packers, mostlv $8,759 9.25: clippers. $7.5098.25. Slaughter sheep and lambs—Lambs. 90 lbs. down, good and choice. $8.75(3:9.50: medium. $7.5098.75; 91-100 lbs., medium to choice, $7.2599.25: all weights common, $697.50: ewes. 90-150 lbs., medium to choice. $3.5095: all weights cull and common. *294. Feeding lambs— Feeding lambs, 50-75 lbs., good and choice. $7.6598.25. By United Press PITTSBURGH. March 17.—Hogs—Receipts. 1.000; holdovers. 300; market, fairly active, steadv to strong: 150-210 lbs., $8.60 n 8.75: 220-260 lbs.. $8.2098.10: 100130 lbs., $8.25 9 8.50: packing sows up to $7. Cattle—Receipts. 25; market, nominally steady. Calves—Receipts. 125; market, slow' to weak: choice vealers. $lO downward. Sheep—Receipts. 500; lambs, steadv; good choice clipDed lambs, $8.359 9: aged stock steady to higher: wooled wethers up to $6.25. By United Press EAST BUFFALO. N. V.. March 17. Hogs—On sale. 2.200: rather slow: desirable 160-220 lbs., steadv to 10c lower. $8,659 8.75: others. 109 20c lower: 120-150 lbs., $8.509 8.65: bidding. SB9 8.40 on 230-260-lb. weights. Cattle—Receipts. 125; mostly cows; unchanged: cutter grades. $2,759 4.25. Calves —Receipts. 200: vealers, slow: mostly 50c lower: good to choice. slo9' 10.50: some held higher. Sheep—Receipts. 100: only odds and ends on sale; few sales weak to lower: mixed lots, $9.50. By United Press FT. WAYNE, Ind.. March 17.—Hogs— Market. 5925 c higher: 10Q-140 lbs.. $7.25: 140-JSO lbs.. $7.60: 150-160 lbs.. $7.85: 160180 lbs.. $8: 180-200 lbs.. $8.15: 200-220 lbs.. $8: 22-240 lbs., $7.85; 240-260 lbs.. $7.70; 260-280 lbs.. $7.55: 280-300 lbs.. $7.45: 300-350 lbs., $7.30: roughs, $6; stags. $4; calves. 9: lambs. $8.50.

Antlers a. ' : n . Tyie .ci n.i n c >. o'm "

DINE AND DANCE With Chic Myers and His Recording Orchestra Tonight ST. PATRICK’S FROLIC WHAT A SHOW Dusty Rhodes—Accordion Sweethearts Bo Jingles—Tow ue Club Girls NOVELTY FAVORS 9:30 TO f ? $ Charge *I.OO

THE INDIANAPOLIS TIMES

PORKERS SELL 20 CENTS UP AT CITYYARDS Slaughter Class Cattle Active and Steady; Sheep Even. HOGS Mar. Bulk. Ear.yTop. Receipts. 10. $7.75® 8.50 $8.50 6.000 11. 7.95'S 8.30 5.30 6,500 12. 7.50® 8.25 8.25 5.000 1 13. B.oo* 8.50 8.50 4,000 I 14. 7.65® 8.40 8.40 2.000 16. 7.45® 8 20 8.20 4 000 17. 7.65(2 8.25 8.25 5,000 Hogs were generally 5 to 20 cents higher on all classes at the Union Stockyards this morning. The bulk, 140 to 300 pounds, sold for $7.65 to $8.25, the latter figure holding as early top. Receipts were estimated at 5,000; holdovers were 63. In the cattle market slaughter classes were fairly active and fully steady. Receipts numbered 1,200. Vealers were 50 cents lower, selling at $9 down. Calf receipts were 900. Sheep held steady with receipts of 200. Choice lambs were salable up to $9. Not many on hand to sell above SB. Receipts were 200. Chicago hog receipts were 21,000, including 4,000 direct. There were 8,000 holdovers. The market opened steady to strong with Monday’s average. Good to choice 180-210-pound weights sold at $8.15 to $8.25 with pounders holding at $7.75. Cattle receipts were 5,500 and calves 2,000; the market was steady. Sheep receipts 15,000, market 25 to 50 cents higher. HOGS Receipts, 5,900; market, higher. —Light Lights—-(l4o-160) God and choice $ 7.85@ 8.00 —Light Weights—-(l6o-180) Good and choice... 8.25 (180-200) Good and choice... 8.25 —Medium Weights—-(2oo-220) Good and choice... 8.15® 8.20 (220-250) Medium and g00d.... 7.90@ 8.05 —Heavy Weights—-(2so-280) Medium and choice. 7.65® 7.90 (290-350) Good and choice 7.35# 7.65 Packing Sows—-(27s-500) Medium and g00d... 6.00® 6.75 (110-130) Slaughter pigs 7.50® 7.75 CATTLE (Slaughter Class) Itecipets. 1,200; market, steady. Good and choice $ [email protected] Common and medium 5.50# 8.00 (1,100-1,500) Good and choice [email protected] Medium 5.75® 8.00 —Heifers—-(soo-850) Good and choice $ 7.50® 9.50 Common and medium 4.50® 7.50 Common and medium 5.00® 6.00 Good and choice 4.00® 5.00 Low cutters and cutters 2.To® 4.00 —Bulls (yearlings excluded' Good and choice beef 4.25® 5.25 Common and medium 3.00# 4.25 CALVES AND VEALERS Receipts. 900; market, lower. Good and choice $ B.oo® 9.00 Medium 6.00® 8.00 Cull and common 4.00® 6.00 —Calves—-(2so-3001 Good and medium 5.50# 7.50 Common and medium [email protected] STOCKERS AND FEEDER STEERS Good and choice $ 5.75® 7.75 Common and medium 4.25® 5.75 (800-1,500) Good and choice 5.75@ 7.75 Common and medium 4:50# 5.75 SHEEP AND LAMBS Receipts, 200; market, steady. Good and choice $ B.oo@ 9.00 Common and medium 6.50@ 8.00 —Ewes — Medium and choice 3.00® 4.50 Cull and common 6.50# 8.00 Other Livestock B’j United Press CLEVELAND, March 17.—Hogs—Receipts. 1.600: holdovers, 176; mostly steady on desirable kinds; good and choice. 160-210 lbs., $8.50: comparable 220-250 lbs., $8.25; sizeable string mixed weights of medium Duality. $7.75; desirable 260-300-lb. weights, $7.90: some mixed 300-lb. averages, $7.50. Cattle —Receipts. 250; cows steady; cutter to medium kinds, $4®5.25. Calves— Receipts, 700; vealers steady to weak, quality considered; spots 50c off on lower grades; few good enough to pass $10.50: est kinds. $11; cull to medium, $7.50® 9.50. Sheep—Receipts. 1,300: fully steady: desirable clipped lambs. $8.75@9; common .to medium sorts, $7®7.50. By Times Special LOUISVILLE. Ky.. March 17.—Hogs— Receipts. 500: market 10c lower; 250 lbs. up. $7.75; 175-250 lbs.. $8.10: 130-175 lbs., $7.40; 130 lbs. down, $6.75; roughs. $5.25® 6.25; stags. $4.50. Cattle—Receipts. 200: market, steady: prime heavy steers. sß® 8.50: heavy shipping steers. $6.50*7.50: medium and piam steers, $5.50*6.50: fat heifers, s6@B: common to medium heifers. ss@6: good to choice cows. $4.50®5.25; medium to good cows. $3.75®4.50; cutters, $3.25*3.75; canners. $2.50*3: bulls. $3.50* 5.25; feeders. $6.50®7.50; medium to good feeders. ss*6; stockers, ss@7. Calves Receipts. 300; market. $1 lower: good to choice. $6.50®7.50; mediums. ss@6; common to medium. [email protected]. Sheep Receipts, 50: market, steady; ewe and wether lambs, $8.50; buck lambs. $7.50; seconds. $5.50 down; clipped sheep, s3*4. Monday's shipments: Cattle, 174; calves, 801; hogs. 142; sheep, none. B.V United Press TOLEDO. March 17.—Hogs—Receipts. 30; market steady: heavies, $7*7.40; mediums. $8#8.10; Yorkers. $7.75®’8; pigs. 57.75®8. Cattle—Receipts, light; market, steady. Calves —Receipts, light; market, steady. Sheep—Receipts, light; market, steady.

AMUSEMENTS

■ BIGGEST SHOW IN TOW N | tmns! ■ On the Stace—6 BIG RSO ACTS ! Nfam tin 'lender dog es screen 113 persqn Five Original honey boys 1 LOU CA3IERON and CO. >.| DOROTHY BUSH and BAND Other VAUDEVILLE Stars GEORGE O’BRIENf; in anew thrilling love drama “THE SEAS 1 BENEATH"i I”. Next Saturday— Gala All-Comedy Show J DANCE—LYRIC BALLROOM

MOTION PICTURES fv JlAji '. . y ORK PAID $2.00 TO SEE IT! * ll*' liberty Magazine // and w omen going to Prayer in their hearts "and a rni ile on

Dow-Jones | Summary |

Daily average production of Crude Oil in United States In week ended March 14. totaled 2.177.972 barrels, an increase of 22.342 barrels according to the OU and Gas Journal. Bank of Germany statement as of March 14. shows gold 2.286.200.000 marks awJnst 2.285.000 on March 7. and Circle 3,968.000,000 against 4.144,800.000. Warren Bros. Company rear ended Dec. 31, net profit *3,025.008 after depreciation, interest, federal taxes, etc., against $3,002,238 in 1929. New York Cables opened at 4.8527-32 agai.irt 4.85 25-32: Paris checks. 124.14; Amsterdam. 12.122; Italy. 92.735; Berlin. 20.405. Total melt of fourteen United States sugar refiners from Jan. 1, to March 7. amounted to 655,000 long tons, against 745.000 like period 1930. Total deliveries were 590,000 long tons against 665.000 long tons. General ''etroleum Corporation subsidiaries south of New York has met 15-cent average • eduction in California crude of Union Oil Company. General Motors February domestic sales to consumers 68.976 cars and truck against 61.566 in January and 88.742 in February. 1930. Two months 130.542 against 162,909. Joseph Dion Crucible Company declared regular quarterly dividend of $2. payable March 31. record March 20. International Nickel of Canada and subsidiaries in 1930 earned $4.82 a share on 634.821 average common shares outstanding against $9.02 a share on 619,423 average shares in 1929. Electric Bond and Share in L 930 earned $2.49 a share on average number of common shares against $2.22 an average share in 1929. On March 7, last, market value of net assets equalled ssl a common share against $39 on Dec. 31. Total of 860.000 pounds South African gold was available in the open market of which 250.000 pounds was sold for forward account believed to be for Belgium and 580.000 pounds was taken by an unknown buyer possibly the Bank of England. During first fourteen days of March Chicago- Milwaukee. St. Paul and Pacific handled 59.935 revenue freight cars against 69,067 in like 1930 period. Chicago, steel ingot output in Chicago territory is now slightly above 60 per cent of capacity a gain of over 2 per cent over preceding year. Sheep Steel output Is at 70 per cent of capacity as compared with 60 per cent last week Ingot production of Inland Steel Company leading western independent was increased to 75 per cent from slightly above 60 per cent in previous week. Its Sheet Mills are operating at 70 per cent, a gain of 10 per cent from previous figure. Philip Morris A Cos., Ltd., declared regular Quarterly dividend of 25 cents, payable April 15, received April 2.

New York Bank Stocks

(By Thomson & McKinnon) —March 16— Bid. Ask. America 61 64 Bankers 117% 120% Brooklyn Trust 542 552 Central Hanover 266 271 Chase National 100% 103% Chatham Phoenix Natl.... 82 85 Chemical 48% 60’/* Citv National 100 103 Csrn Exchange 133 127 Commercial 310 320 Continental 23% 26% Empire 55% 58% First National 4.020 4.220 Guaranty 537 542 Irvins 37*4 39% Manhattan A Cos 82% 92% Manufacturers 48;x 00% New York Trust 82% 87% Public. 61% 64%

Investment Trust Shares

(By R. H. Gibson & Cos.) PRICES ARE TO 12 NOON C. S. T. Bid. Ask. Amer Founder’s Corp com 4% 4’,? Am & Gen Sec A 14 ... Am Inv Trust Shares 5% 6% Basic Industry shares 6% 7% Corporate Trust Shares 6 6% Cumulative Tr Sh V/ 8% Diversified Trustee Shares A.. 18% 19% First American Corp 8% 8% Fixed Trust Oil Shares 5% 6 Fixed Trust. Shares A 16 ... Inv Trust N Y ' 7% 8% Leaders of Industry Series A.. 8% ... Nation Wide Securities 7% 7% National Industrv Shares 6% 7 N Am Trust Shares 6 6% Sel Am Shares 5% 6% Shawniut Bank Inv Trust 11 13 Universal Trust Shares 6V? 6 s ? S W Strauss Inv Units 40 54 Super Corp of Am Tr Sh A... 7% 7’? Fundamental Tr Sh 7’,? 8 Fundamental Tr Sh B 7% 8’? U S Elec Lt A Pwr A 32% 34% Invalids Die By United Press LOGANSPORT, Ind., March 17, —Dari Lidgard, 13, and Kenneth Lidgard, 16, brothers, whose invalidism since birth has made it impossible for them to either walk or talk, died here Monday within a few hours of one another. Both were victims of pneumonia. They will be buried tomorrow in a special casket to be placed in a single grave.

AMUSEMENTS I Before 8:30 Every Kite 111 tonight 111 ST. PATRICK DANCE ill [RED CURTIS HI I ORCHESTRA l/JV JORDAN RIVER REVUE Indiana University’s Great Musical Show. 10th Anniversary Tour. SAT.—ENGLISH Mat., 50c, 75c, SI.OO. Nitc, 50c, SI.OO, $1.50, $2.00. aR~~i Bov Office Open. Xfc

SELLING SENDS GRAIN FUTURES OFF FRACTION Stronger Cables Have No Effect at Chicago; • Corn Uneven. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO, March 17.—Further spreading between wheat and corn and some selling of the former grain by locals, eased wheat at the opening on the Board of Trade today. Liverpool was dull, but steady on a lack of pressure. There was some buying on resting orders, but support was largely lacking. Corn was somewhat uneven, but mostly firm. Oats were uneven in a small way, being diversely affected by wheat and corn. Trade was light in all grains and the market easily affected. Liverpool Higher At the opening old wheat was unchanged, new wheat was Vs to % cent lower, com was cent lower to Ai cent higher and oats were % cent lower to *4 cent higher. Provisions were steady. Liverpool opened higher, as expected, and at mid-afternoon the market was Vs to *4 cent higher. Buenos Aires started slowly but was up % cent shortly before noon. The technical position of wheat at the close Monday was regarded as easy owing to the short covering during the last hour. This was mainly on the strength in corn. One of the larger professionals put out a short line of July and September wheat early Monday, Predict Com Rise The general feeling is that any incentive to buying must come from abroad, although strength in corn would be an aid. A number of traders are of the opinion that now is the time to buy corn. They anticipate small receipts and consequently no pressure from the cash grain. The statistical position is very strong. However, the market seems to depend somewhat on the trend in wheat. Receipts at primary points have a declining tendency. Oats are holding to a narrow range but are paying more attentio nto news of the new crop. Favorable reports come from the southwest. Chicago Grain Table —March 17 — WHEAT (old) Prev. High. Low. 11:00. close. Mav 81% .81% .81% .81% JulV 63V* .62% .63% .63% Sept 63'A .62’? .63'? .63% CORN (Old) Mav .65% .65'? .65% .65',i July 67% .67% .67% .67% Sept 67% .67% .67% .67% OATS (old) Mav 32% .32',? .32% .32% July 32% .32% .32% .32% Sept 33 .32% .32% .32% RYE (old) Mav 40% .40';* .40% .40% July 41% LARD— Mav 9.22 9.20 9.22 9.20 July 9.35 9.30 9.35 9.32 Bp Times Special ‘ CHICAGO, March 17.—Carlots: Wheat. 147; corn, 171; oats. 20; rye, 0, and barley. 7.

Local Wagon Wheat

City grain elevators are paying 65c for No. i red wheat and 64c for No. 1 hard wheat. NEW TORK COFFEE RANGE —March 16— High. Low. Close. January 5.65 5.64 5.64 March 5.19 5.18 5.19 May 5.37 5.30 5.33 July 5.45 5.37 5.44 September 5.51 5.46 5.48 December 5.56 5.53 5.56 MOTION - PICTURES ABflaa /%fgVVHERE THE BIG ONES PLAY M I HURRY! Only 4 More Days! i TILL I A love story of todays— VTIL/ tomorrow—and all time! qnsiJuMifte CUrt BROOK'GQNRAD MAGH —NEXT SAT.— Gala Return of Indianapolis Favorites OLSEN & JOHNSON —lN—“Fifty Million Frenchmen”

UoQRAIS F M. C. M. Sport Adventure “FISHERMAN’S PARADISE" STARTS SATURDAY LAWRENCE TIBBETT in ‘THE PRODIGAL’ With ESTHER RALSTON Marlene in „ I , 'THE BLUE ANGEL I

Bright Spots of Business

Colonel Woods of Hoover employment committee reports improvement in unemployment situation. James A. Campbell, chairman Youngstown Sheet and Tube, says bottom of egression indicated. Distinct signs of improvement in nickel industry evident, says Robert E, Stanley, president International Nickel Company. Colonel Leonard P. Ayres sees evidence of bottom of depression. Silver at new high for year at 31% cents per ounce, up 1%. Domestic and export copper up 14 cent a pound. February new car registrations 12.6 per cent over January in twenty states. Hudson and Essex sales up 17.5 per cent in week ended March 7. Auburn Auto increases capacity by eighty-five cars daily. Olds motor works schedules above last yea> Youngstown district steel operations to rise 1 per cent next week. Rockefeller radio city plans call for 125,000 tons of steel. Western Pacific orders 10.350 tons rails from Colorado Fuel and Iron Company. Natural gas consumption up 150 per cent in last decade, G. E. Barrett Company says. Electric Bond and Share Company 1930 net $2.43 share, against $1.97 in 1929. Municipal Service Company 1930 net $2,430,680, against $1,757,875 in 1929. International Business Machine Corporation 1930 net $11.03 share, against $8.82 in 1929. C. M. Hall Lamp Company February sales 50 per cent over January. Warnei Gear Company February business 11 per cent over January. February electrical manufacturing operations up 13 per cent over January, Electrical World reports. Pet Milk Company 1930 profit $800,687, against $627,438 in 1929. Briggs Manufacturing Company declares extra dividend with regular quarterly. Canadian Celanesc, Ltd., 1930 net $1,254,529, against $527,519 in 1929. car overturns-! - ’ ARRESTED, 1 HUNTED Police Charge Drunken Driver Caused Accident in Passing Truck. Two men were arrested and another sought by police after the car in which they were riding overturned as they attempted to pass a truck today in the 1400 block, East Raymond street. Those held are Robert V. Williams, 21, of 881 Fletcher avenue, charged with drunkeness, operating a vehicle while drunk and failure to have a driver’s license, and Omar Hawkins, 20, of 1306 Shelby street, charged with drunkeness and vagrancy. PEGGY HOOVER IS 6 By United Press ASHEVILLE, N. C., March 17.Peggy Ann Hoover, granddaughter of President Hoover, arrived here today to celebrate her sixth birthday with her father, Herbert Hoover Jr., who is convalescing at Blue Briar cottage.

MOTION PICTURES

Starts TOMORROW (Wednesday) The modern woman scorns the fidelity of yesterday—the love that endured for better or for worse . . . TODAY— Married women take all they can—trifle now and then—and give hubbie the aii* when things go bad— that’s the woman of . . . iillllp RBhP Mtajg £ d|§ A blazing expose of new moralities —new conventions \ CONRAD £% NAGEL. Jc# Greater Than , £* I 9 n o t recom - mended for chit- \ *f, ; Jgmß A dren under 18 >fIWS

.MARCH. 17.1981

CORD’S AIRLINE 1 READYTO BEGIN Scheduled Runs Will Start on Monday. Competing with middle western railroads, the first unit of Century Airlines, operated by the Cord group, manufacturers of Auburn, Cord, and Duesenberg automobiles, will begin schedules between Chicago and five terminal cities Monday. Within ninety days they will flv hourly from each of the points, according to L. B. Manning, vicepresident and general manager. The first unit will serve Chicago, Toledo. Detroit, St. Louis, and Cleveland. Later other units will form afi air-line network throughout the midwest, with Indianapolis as one of the terminals, according to plans previously announced. BANK ROBBER SUSPECT TAKEN TO NEWCASTLE Ben Davis Man Alleged to Have Shot Watchman in Holdup. Facing a burglary indictment. Wilbur King, 35, Ben Davis, was taken to Newcastle from city prison here today. King was a suspect in several bank robberies, and is alleged to have shot a night watchman in a holdup in Newcastle. New Year's evening. State police today were to return Morris Parton and Glenn Hutchins from Noblesville for questioning in connection with several robberies, and as possible suspects in the Broad Ripple bank holdup attempt in which a custodian was shot. In the Air Weather conditions at 9 a. m.: Northwest wind, 4 miles an hour; temperature, 34; barometric pressure, 30.27 at sea level; ceiling, 3.000 feet; visibility, 8 miles; field, good.

MOTION PICTURES morann I SMITH i (liatfeifoti .UK FAITHFUL'! Paramount Hit With PAUL _ LUKAS jpjp g Jc^haulP jSr rn , FREDRIC MARCH and I tKI, —CLAUDETTE COLBERT| i i—— ——J