Indianapolis Times, Volume 42, Number 270, Indianapolis, Marion County, 23 March 1931 — Page 10

PAGE 10

PORKERS OPEN WEEK'S TRADE 10. CENTS OFF Slaughter Classes Weak to Lower in Cattle Market. HOGS M.r. Bulk. Early Top. Receipt*. il 512 M-40 2.000 1 J- 7.46® 8.20 8.20 4 000 17. 7.65® 8.2S 8,25 5:000 J*. 7.80® 8.40 8.40 4.500 I#. 7.Bo'fit 8.40 8 40 5.000 20. 7.85 ® 8.25 8 25 5.000 21. 7.65® 8.25 8.25 1.500 Swine opened the week’s trade with prices mostly 10 cents under Friday's average today at the Union Stockyards. The bulk, 140 to 300 pounds, sold for $7.55 to $8.15; one load reported sold at $8.20. Receipts were estimated at 3,500; holdovers, 365. In the cattle market slaughter classes were slow and weak to lower. Receipts were 500. Vealers were $1 higher, selling at $9.50 down. Calf receipts were 200. Sheep were quotably steady, selling mostly at $8.50 down. No choice kinds were on hand. Receipts were 100. Chicago hog receipts were 57,000, including 18,000 direct. Holdovers were 2,000. The market held slow with a few early sales and bids on 170 to 200-pound weights at $7.85 i>o $7.90; closely sorted kinds held higher; 250 to 280-pound averages $7.25 to $7.35. Cattle receipts were 21,000; calves 2.000; market 25 cents lower. Sheep 22,000; steady to 25 cents lower. HOGS Mar. Bulk. Early Top. Receipts. 16. *7.45® 8.20 *8.20 4,000 17. 7.65®- 5.25 8.25 5,000 I*. 7.80 8.40 B.4ft 4 500 I®. 7.801® 8.40 B.4ft 5,000 20. 7.65® 8.25 8.26 5.000 21. 7.65® 8.25 8.25 1.500 32. 7.55® 8.15 8 20 2,500 HOGS Haeeipts. 2,300; market, steady. —Light Lights—-(l4o-1601 Good and choice *7.65® 7.30 —Light Weigths—-(l6o-180) Good and choice..., 8.15 (180-200) Good and choice .... 8.15 —Medium Weights—->2oo-220) Good and choice 7.352 8.05 <320-2505 Medium and good 7.75® 7.85 —Heavy Weights— _ . <230-280) Medium and choice.. 7.45® 7./j <390-3501 Good and choice.... 7.25® 7.55 —Packing Sows—-<27s-500* Medium and good.. 6.00® 7.00 (110-1301 Slaughter pigs 7.15® 7.40 CATTIJS (Slaorhter Class) /Receipts. 500; market, steady. Good ai*d choice $ B.oo® 10.25 Common ind medium 6.00® 8.00 (1.100-1.500) Good and choice ? Medium 6.50® 8.00 —Heifers—-(soo-850) Good and choice * 7.75® 9.50 Common and medium 5.00® 7-75 Common and medium 5.25® 6.50 Low cutter.; and cutters .... 2.75® 4..5 —Bulls <vearllngo excluded)— Good and choice beef i 5’2Common and medium 3.00 0* 4.20 CALVES AND VEALERS Receipts. 200: steady. Good and choice * 9-00® ?•{!? Mi*# Ttafisr SB# IB STOCKERS AND FEEDER STEERS Good and choice 5 f-29!? |-25 Common and medium 4.255£ o.uu <BOO-1.500) „ „ Good and choice I'oo Common and medium f 4.50<3 6.00 SHEEP AND lAMBS Receipts. 100: market. steady. Good and choice * 2 - |2 Common and medium 7.00® 8.30 —Ewes — _ , Medium and choice 4 nn Cull and common l.soss o.uu Other Livestock By United Press FAST ST LOUIS. Til., March 23.—Rogs - Receipts. 14.000; market 10f£ 15c lower; pigs and sows steady; tou. An' o nv: bU '<7 254/" 240 lbs.. s7.7s<fi 8.0!>; lb*.. *7.25® 7 85’ sows. [email protected]. Cattle-Receipts, a!oo6: calves. 2.OO0; market largely lighter weight steers and butcher yearlings sold* Mir higher at *9.50; medium bulls steady tS. $f.75: other classes slow with Some early deals at $6.50©8.2b; steady to -**><• lower Sheep— Receipts, 1.000, nrarKet, lambS steady to city butchers; woolcd lambs. $9.25; few clipped lambs. $8.75. common throwouts. *6.50(07. By United Press CLEVELAND. March 23.—Hogs—Receipts, 4 000; holdover, 124; 5® 10c than Saturday or largely 10(cCl5c under Friday, rfgs steadv; 160 210 lbs. at *8 35 ton; desirable 220-250 lbs., $8.13, 260-300 lbs.. .47.90; bulk pigs and mixed mediums, -0--lh averages. *8; rough sows 25i35c decline. Cattle— Receipts. 1.000; slow, weak to mostly 25c lower on steers; steady on cows and bulls; light steers rather numerous around $10®10.50; medium loads, $8 >i. 8 75- low cutters to medium cows. *3.25i 5; sausage bulls largely idSOdown. Calves mai^cet P Btrong o ’t 0 e mosUy I |oc grades flO 50®111 medium. *8®9.50. cull downward to SB. 1.300: lambs stron gto mostly -5c nlKncr. ouallty considered: largely good clipped lambs. *9®9.25. or better for best, medium to good woolskins. *8.500,9.50, fat clipped awes, *5 down. , By Uiritcd Press PITTSBURGH. March 23—Hogs—r-c----celpts 3.750; market slow 10®25c lower. 140-230 lbs.. $8,254(8.50: 240-300 lbs.. *i.7.> ®8.15; 100-130 lbs.. *8f8.25; packing sows steady, medium to good grade. $6.20 a 6.73. Cattle —Receipts. 600- beef steers an<l yearlings mostly steady to strong, she stock about steady: bulls firm; steers. *9.50; other good loads. common and medium. *6<<iß: good bee( cows? *s®6: medium bulls, $4.50 5. es^V c c K-^eelp Bts 8 ts. Un L7&; 50 asking higher on clipped lambs. By Times Special LOUISVILLE. March 23.—'Hogs—Receipts, 1 100; market. 10c higher; 250 lbs. up. tVSS; 175 to 350 ’bs., *8; 130 to 175 lbs.. *7 50- 130 lbs. down. *6.65; roughs. *5.15® 615; stags. $4.40. Cattle— Receipts 600: market, active and steady; prime heavy steers, $8®8.50; heavy shipping steers. *6.50®7.50; medium and plain steers. *5.50 *6 50; fat heifers. *®B: common to meSum heifers. *s®6; good to choice cows. *4 504*5.50; medium to good cows. *3.75® 4 50- cutters *3.25®3.75; canners. $2.50® 3 bulls *s:so® 5.25: feeders. 56.5007.00. Calves—Receipts. 300; market. 50c higher; good to choice. *V®B; mediums. *5.50®6A0; rommon to medium. $3.50®5. Sheep Receipts. 50; market, steady: ewo and wether lambs. $8.50; buck lambs, $..50; seconds *5.50 dottn: clipped sheep. !3i4; Saturday and Sunday shipments: Cattle. 43; calves. 151; hogs, none; sheep, none. By United Press CINCINNATI. 0.. March 23 —Hogs—Receipts. 2.000; heldover. none: slow, stead' 1 to 10c higher: better grade 160 to 240 lbs.. *B-20®8.35: mostly *8.35 on 225 lbs. down; some 260 to 800 lbs.. *7.7srfpß: light lights steady to strong: spots 25c higher: 120 to 15ft lbs . 7.75®8: bulk sows. *6.05. Cattle—Receipts. 925: calves. 250; generally steady with some weakness on steers and heifers; common and medium grades. *6.50 ®7.RSJ more desirable grade up to $8.25: one lot vcarllngs. *8.60; beef cows fullv steady to strong: bulk. *4.75®5.50: good kinds tro to $6; low cutters and cutters. *3 75®4: bulls. *5.25 down; vealers st.eady to strong: good to choice mostly. 58.50>., 9’ lower grades. *8 down. Sheep—Receipts. 25; all classes euoted nominally steady; better grade handy weight lambs. few lots of spring lambs. sl2<fi 16- fat ewes. *3<®4: culls downward to $1.59.

*Nine ’ Saved By United Press MERCED, Cal., March 23. Nuisance, a white cat, mascot Os a local bakery, went through fire, water and starvation, all within a week, but lived today to purr about it. The bakery was burned to the ground a week age. and a search of the ruins failed to reveal the cat, which was given up for dead. So much water was played on the embers that the ruins almost floated. A curious passerby investigated a charred cubby-hole today, and there was Nuisance, her white hair scor-' , --‘d and blackened, but otherwise uninjured.

New York Stocks '" <By Thomson A McKinnon)

March 23 — Prev. Railroads— High. Low. 11:30. close Atchison 188% 188 Atl Coast Line 106’, Balt A- Ohio ... 74V, 72 73% 73’. Chess A 0hi0... 41’,a 41 414, 41*4 Ches( Corp 44% 44 Chi Grt West 6’. C R I is P 58'a Del LAW 78 Del & Hudson ..- 146 Great Northern 62 s , 62', Illinois Central 74% Lou A Nash 98 98’ 2 MKisT 20 % !0 < Mo Pacific 94'. M Y Central 111 109% 110 111® MY NH A H 89 88% Nor Pacific 54% 53Vi 53% 52 s , Norfolk A West 197 Pennsylvania ... 534. 5814 53’4 58% Seaboard Air L.. .. ... % % So Paclrtc 99% 100 Southern Ry 52 51(4 52 52 s . St Palu 6% 7 St Paul pfd 11*. 11 '4 Union Paclrtc ...188 187(4 187% 183 Wabash 17 W Maryland.... 18% 18% 16% 16% Equipment*— Am Car A Fdv 34 Am Locomotive 28 Am Steel Pd 29 -29 Gen Am Tank 70 70 General Elec .. 52’/, 52 32(4 52% Gen Ry Signal 76% 77’* Lima Loco 30 30*/ N Y Airbrake 21% Pullman . 61*4 51V, Westingh Elec .. 90% 89*4 90'/, 91 Rubber*— Firestone 18 17% Fisk . . % Goodrich 19 18% 18% 18% Goodyear 49!'. 43 49 49 1 2 Kelly Sprgfld 3!' 3% Lee Rubber 4% <‘2 U S Rubber.... 19% 19>/a 19% 19% Motors— Auburn 214 208 214 214% Chrysler 24>4 23% 24 24% Gardner 2% 1% 2% 1% Graham Paige.. 4*. 4(4 4*4 4% General Motors.. 47 46% 46% 47*2 Hudson 23% 23% 23% 23% Hupp 12 11% 12 12 Mack 40 % Nash 39’% 39% 39% 39% Packard 10% 10 10 Ptcrcc-Arrow ... 23 32 22 Reo 8 % Studcbaker 25'4 24*4 24% 25% Yellow Truck ... 14% 14% 14% 14% Bendix Aviation. .. ... ... 23% Borg Warner ... 29% 28% 29 29% Briggs 21% 21% 21% 22 Butid Wheel 11% 11 11 11% Cambell Wy ... 15% 15% Eaton 21 21% El Storage B ... 65% 64% 65'4 65* Hayes Body 6% 6% Honda 8% 8% Sparks W 13% 12’, Stewart Warner. 20% 20% Tim kin Roll .... 56% 55 55%. 57 Mining— Am Metals 21 % 21% Am Smelt 51% 51% 51% 52% Cal A Arlz 40% Cerro de Pasco 27 Dome Mines 12 11% Freeport Texas.. 43% 41% 42% 41 Granby Corp 20V, 20(4 Great Nor Ore 21% 21% Int Nickel 19% 19 19% 18% Inspiration 10% Kennecott Cop.. 28% 26(4 28% 28% Magma Cop 21'i 21% Miami Copper B*4 ... Nev Cons 13 13 Texas Glu Sul.. 53% 53 53% 52% Oils— Amerada 21% 21% 21% 22% Am Republic ... 11 10% * 10% 11 Atl Reiining 39% 1914 Barnsdall 12 12% Beacon 9 Houston J 2% 12 11% 12Vi Indian Refining.*.. ... . . 4 Mex Sbd 19% 18% 19% 18% Mid Conti 12% 13% Pan-Amer (B) 35 Phillips 11% 11% n*k 12 Pr Oil A Gas 151/4 1514 Pude Oil ... 9 Richfield .. ... ... 9% Royal Dutch 38% Shell Un 7% 7% Simms Pt 7% Sinclair 13' ‘i3 Skelly 9% 91/, Stand of Cal ... 45% 45% 45% 45% Stand of N J... 45% 45(4 45% 45% Stand of N Y... 22% 33% 22% 22 Texas Cos 30V, 30% Union Oil 22% 22% 22’4 22% Steels— Am Roll Mills .. 32% 32*4 32*4 32% Bethlehem 63% 63(4 63 % 63’, Beers A M 56% 56V. 56% 57 Colo Fkiel 26 Cruc Steel 49% Uudlum 18% 17% 18 18 Midland 39 Neivton "ig% 19 Repub lAS ... 32 22(4 U S Steel 147% 146% 147% 147% Vanadium 71% 70% 71 71 Youngst SAW 35*4 25% 23% 25'Youngst SAT 75':'; Tobaccos— Am Sumatra 9 Am Tob A (new) 117% Am Tob B (new) 119% 118*4 119% 119 U Con Cigars 24=4 34 General Cigar 43** 43(4 UIE A Myers B 89 ggi t fe° rilla ,!. and _•:•••• 18 % 18*4 18% 19% Revnolds Tob ... 52 51% 61% 52 Tob Pr 8.'.V.'3% "i’i ! !% 1j% 1 j% U irS?w Cl|t 7 67 6% t till ties— Abitlbi 117Adams Exp ... 21% 21% Am For Pwr 46*4 46(4 46% 46*4 Am Pwr A Li.... 57% 57 57% 58% A T A T 194 193% 193% 194% Col Gas A El.. 43% 43% 43*4 43% Com A Sou 11*4 11% 11% 11% El Pwr A L 1... 58*4 57% 58 58% Gen Gas (A) ... 8 8 Inti T A T.... 37 36% 36% 37 Natl Pwr A Li.. 42 41*4 42 43% No Amer C 0.... 86% 86 86% 87% Pac Gs AEI 53% 53% 53'- 53% £ ub See N J.... 92% 9% 92% ...' So Cal Edison 53 53 Std. G A E 7 85 84 V. 85 85*4 United Corp 30 29*4 30 30 Ut Pwr ALA.. 29*4 39% 29*4 29% West Union 135% Shipping— Am Int.l Corp 20*4 20% Inti Mer M pfd .. ... . is No Gm Lloyd 35 United Fruit 65 Foods— Am Sugar 57(4 57 57(4 57% Armour A 3 '2% Cal Pkg ... . 44’. Can Dry 37% 37% Childs Cos 32% Coca Cola 163 Cont Baking A.. 24% 24% 24% 25 Corn Prod 85(4 . Crm Wheat 33% Cudahy Pkg 48% Cuban Am Sug 5 Gen Foods 54(4 54*4 54% ’55 Grand Union ... 17% 17 17 16% Hershey 99 98% 99 98’4 Jewel Tea 54*4 Kroger ... ... 33 Nat Biscuit 81% 81(4 81% 82 Safeway St 51 61'Std Brands 20(4 20 20 20% Ward Bkg 6% 6% Drugs— Cos tv Inc 14(4 14(4 14% 14-% Lambert Cos ~. 86(4 86% Lehn A Fink 33 Industrials— Am Radiator .... 21 20% 21 20% Bush Term 27% 27% Certain teed 6% 6VGen Asphalt 41*4 41 41% 40%' Lehigh Port 56 ■% Otis Elev 57 56(4 56% ... —lndus Chems— Allied Chem 157 155% 155% 157 Com Solv 30(4 19% 20 Union Carb 67’4 67*4 67(4 U S.Tnd Aico ... 57(4 57(4 57(4 ... Retail Stores— Assoc Dry Gds 28% Gtmbel Bros 7 7 Kresge S S 27 27% Mont Ward 27 26% 26% 27% Penny J C 37 37% Schulte Ret St 10 10 Sears Roe x 60*4 59(4 60 % 61'4

New York Curb Market

(By Thomson & McKinnon) —March 23 11:301 1130 Am Com Pwr.. 16%1M0 Kan Pipe... 9% Am Gas & El.. 80%; National Inv .. 6% Ark Gas s%tNia Hud Pwr.. 14% Aviation of Am 28%)Noranda 25 Brazil Pw &Lt 23%' Pantepec ...... 1% Can Marc 4 Penroad 6% Cities Serv ... 20%'Sel Indus 4% Cord 10’,! Shenandoah 7% Durant Mot ... 2% Std of Ind 32 Elec Bond Sh.. 58% Std of Kr .... 22 Ford of Eng... 17%iStd of Ohio 51 Fox Theater .. SVstutz 27% Goldman Sachs 10% Trans Air Trans 7% Gulf Oil 66 |Un Gas (new).. 10% Hudson Bay ... 6 Un Lt Sc Pwr.. 32% Ind Pipe 16 7 *'Un Verde 13% lusull Ut 44’, ut Power .12% Int Pete 12%'Vacuum Oil ... 55% Midwest Ut .... 24%'Van Camp 7

Investment Trust Shares

(By R. H. Gibson & Cos.) PRICES ARE TO 12 NOON C. S. T. March 23 Bid. A sic. Amcr Pounder's Corp com 4’i Am & Gen Sec A 15 Am Inv Trust Shares 5 7 s 6 3 Basic Industry Shares 71.4 Corporate Trust Shares 6 6'a Cumulative Tr. Shares 7 7 a 8 3 s Diversified Trustee Shares A. .16’a 19'i First American Corp B s * 8% Fixed Trust Oil Shares s'* s’t Fixed Trust Shares A X6' ... Inv Trust NY 8 9 leaders of Industry series A.. 8 3 a ... Nation Wide Securities 7 3 7 7 s National Industry Shares 6 3 a 6 7 b N Am Trust Shares 6 6 1 .- S? 1 Am Shares 5 3 6'< Shawmut Bank Inv Trust... 10 l 12’2 Universal Trust Shares 6'* 6 3 S W S'rauss Inv units 40 54 Super Corp of Am Trust Sit A 7'i 7 7 a Fundamental Tr Sh A 7 s * 8 1 , Fundamental Tr Sh B 8 B*2 U S Elec Licit t & Pwr A 32 3 i 34A, Chicago Stocks Opening 'Bv James T. Hamill & Cos.) —March 23 openl Open. Assoc Tei Util., 24\ Majestic Hous.. ss*,5 s *, Bendix Avia ... 23 3 , Midland Uni Cos 20’,. Cord Corpn 10V Midland Uni pfd 38' 2 Bor* Warner .. 29’ -y Midlervest Com 24' 3 ont'l Chsto C C 9 Nat'l Standard 333.2 3 . 'orti'l Ch Cp pf 39 Nobhtt Sparks. 46 3 s 'v Securities.. 2V 3 3Vft f ; Comp 29 5 r - bv Grunotv 5' Swift Inter 333.8 3 . udi A 17’* C S Rad & Tel 33 -nsull Cont ... 45'a Util <fc Ind Cos Bs.8 s . iaauU 6 * 1940. 9131 U.tU & lad Bid l&U

Wool worth 64(4 64(4 64(4 67% Amusements— Col Graph 13V, 12% 13(4 ... Crcslev Radio 7 12 Eastman Kod ..170 167% 169 170% Pox Film A .... 36% 36 36% 36% Grigsby Gru ... 5(4 5'4 5% 5% Loews Ire 59% 59% Param Fam .... 45% 43(4 45% 45% Radio Corp 26 25(4 25% 26 R-K-O 26 24 25% 24% Schubert 7% 7% Warner 13% 13% 13V. 13*. Miscellaneous— Congoleum ... 10(4 11(4 Am Can 126% 125% 126’, 126'. Cont Can 58% 57% 57% 59% Curtiss Wr A 5% 5% Gillette SR 32 31(4 32 31% Real Silk 24% ... Un Aircraft 25*4 25% 25 5 , 36% Int Harv 57% 57%

The City in Brief

TUESDAY EVENTS Scottish Rite, reunion, Scottish Rite Cathedral. United Credit Bureau luncheon, S plnk-Arms. Indianapolis Medical Society, 8:15 p. m.. Athenaeum. Rotary Club, luncheon. Claypool. Gyro Club, luncheon. Splnk-Arms. Mercator Club, luncheon. Columbia Club. Arehltecura! Club, luncheon. Architects’ and Builders' building. Purchasing Agents’ Association, luncheon. Severin. American Chemical Society, luncheon, Chamber of Commerce. Universal Club, luncheon, Colombia Club. University of Michigan alumni, luncheon, Lincoln. North Side Exchange Club, luncheon. 3810 College avenue. Alliance Francaise. luncheon, SplnkArms. Indianapolis Republican veterans, luncheon. Board of Trade. Indiana league for the Hard of Hearing, 7 n. ro., Stokes building. When an auto transmission system he was helping to load on a truck at 1248 South Illinois street, Sunday, slipped, Eddie Thompson, 21, of 5311 Kentucky avenue, suffered injuries to his back and neck. A. Hanke ts the new manager of the Indianapolis branch of the Woodstock. Typewriter Company. He has been associated with the company for about ten years. Civil service vacancies announced by Henry M. Trimpe, local secretary’, include: Junior laboratory mechanic, national museum; assistant pomologist, associate crop and livestock estimator, associate soil technologist and dietitian. Address by Dr. Jean S. IMilncr, Second Presbyterian church pastor, will be heard by the Indiana University club today at the Columbia Club. “Propaganda and the World Today” will be the subject of Ralph Keahey, Butler university associate professor of history and political science, tonight in the Kirshbaum Community Center, under auspices of the Butler chapter of Avukah, national Zionist fraternity. The fire department added $125 to iw relief fund from the proceeds of a benefit dance, conducted by the Riverside Civic Association in Municipal Gardens Saturday night. Dr. Otto P. Geier of the Cincinnati Milling Machine Company will speak at the twenty-fifth annual dinner of the Indianapolis branch, National Metal Trades Association, at 6:30 tonight in the Columbia Club. J. E. Nyhan of Chicago also will talk. At the annual meeting of an informal association of college university and normal school home economic teachers at Butler university Saturday, Dr. Mabel T. Wellman, professor of home economics at Indiana university, was elected chairman. Lieutenant S. R. Smith, commanding officer at Schoen. field, Ft. Benjamin Harrison, will descrfi> “combat flying' 'to the Lions’ Club at its weekly luncheon Wednesday in the Lincoln. The property management division of the Indianapolis Real Estate Board will meet Tuesday afternoon at 3 in the board office at 820 Lemcke building to discuss the progress of efforts at combating the destruction of private property. “My Experiences at the Olympic Games,” were related Sunday night by Hermon Phillips, Butl&r university track coach, at the fouith annual “Fathers and Sons Day” event at the Kirshbaum center. “Christ’s Divinity and Humanity” was the subject of a noonday Lenten sermon preached today by Dr. M. B. Fuller at the First Baptist church. Within a block of police headquarters, thieves entered the Ray Dalinsky dry goods store, 37 North Alabama street, and stole merchandise valued at S2O, Dalinsky reported to police today. Fifty patrons of the Crawfordsville municipal electric plant today petitioned the public service commission for a reduction in light rates. Safe crackers failed to open a strongbox in the R. P. Williams pharmacy, 2455 Martindale avenue, after they knocked off the combination, Ellis H. Little, clerk, reported to police today. PAYMENT FOR WORK WITH FOOD SCORED Meridian Street Civic Club Protests to Engineer’s Office. Payment of men employed on public work with food instead, of money is protested in a resolution received today by the city engineer's office from the South Meridian street Civic Club. A. H. Moore, city engineer, stated the city paid all its workers in cash. The emergency relief committee of the Chamber of Commerce is distributing food among workers. Copies of the resolution also were sent the mayor, works board and park board. NOTED FLIER CRASHES Kings!ord-Smith Forced Down in Lost Plane Search. By United Press MELBOURNE, Australia, March 23.—Commander Charles E. Kings-ford-Smith, the noted trans-Atlan-tic flier, was forced down today, and his plane was damaged while participating in a search for a missing passenger plane. Mail Box Is Stolen By United Press BOSTON, March 23.—Two men “uprooted” a mail box on a west end street Sunday night and drove away with it in an automobile. Police believe they had watched the x>x until a letter they wanted had been mailed.

THE INDIANAPOLIS TIMES '

SELLING SENDS GRAIN FUTURES DOWNFRACTION Farm Board Announcement Is Signal for Dip in All Options. By United Press CHICAGO, March 23.—Prices on June wheat, an off-month delivery, crashed 10 cents a bushel today on the Chicago Board of Trade on news that the farm board was out of the market and on heavy orders from the east. BY HAROLD E. RAINYILLE United Press Staff Corrcsoondent CHICAGO, March 23.—Deferred wheat deliveries broke a major fraction as the Board of Trade opened today. Scattered selling on the farm board announcement issued by Chairman Stone tipped the market downward, upsetting the rather delicate balance between buying and selling that had held the market practically steady all last week. Support disappeared early. , Com shambled downward with wheat, but somewhat unevenly. Oats lost the smallest of fractions, continuing to exhibit independent strength. At the opening old wheat was unchanged to Vs cent lower, new wheat was % to % cent down, corn was U to % cent lower and oats were Ts cent off. Provisions were very slow’, but steady. Selling Is Expected News that the farm board would abandon stabilization work with the delivery of the 1930 crop was not unexpected by the trade. It caused less comment as many traders believed the scheme was doomed to failure from the start, as similar experiments by other countries already had failed. New crop futures which are not to be stabilized already have discounted the situation and are selling around 25c under March and May. Suppressed * excitement was felt at the opening with the trade looking for further selling owing to the large supplies in the United States. Neither Liverpool nor Buenos ; Aires was depressed by the action, i Liverpool opened as expected and was down only % cent at midafternoon. Buenos Aires was off 94 cent early. Com IVeather Bearish Com is operating between two influences—the action of wheat and the belief in some quarters that receipts from the country will have another increase before the farmer gets about his field work. The cash market showed no weakness from this feeling. Weather was generally favorable over the entire grain belt. Oats have been showing considerable resistance to pressure and prices are expected to be firmer unless the other grains weaken decidedly. Chicago Grain Table WHEAT (oldT- MraCh 23 ~ Prev High. Low 11:00 close’. :::::::: M ill’ 3 & s< &rn Voiin—’ 61 ’ s • 61V ‘ •<*'- May 63% .63 .63(4 .64 6 ' May 32% .32(4 .32(4 .32% .32% :*% jfa f,* RYE (old) May 39% .39 .39 .39% July... 41 .40(4 .40% ..... LARD—May 9.07 9.01 July 9.22 9.22 Ry Times Special CHICAGO. March 23.—Carlots: Wheat. 94; corn, 97; oats, 12; rye. 3 and barley. 11. WILKINS’ POLAR TRIP SHIP LOSES OFFICER Quartermaster of Submarine Nautilus Believed Swept Overboard. By United Press NEW YORK, March 23. A tragedy already is written in the log of the submarine Nautilus, in which Sir Hubert Wilkins plans to explore the North Polar sea The rebuilt navy subi lersible entered New York harbor in tow of a tug, with its flag at halfmast, and' its quartermaster, Willard Grimmer, 27, of Philadelphia missing. Grimmer was believed either to have been swept or fallen overboard while standing on the narrow after deck, w’hilc the submarine Ivas cn route from Philadelphia. HOOVER TO ACT ON COIN By United Press WASHINGTON, March 23. President Hoover is expected to take some action in the silver situation—which he regards as the root of existing economic evils—soon after j his return from his vacation, it was learned authoritatively here today.

She’s Busy!

Hnr ' MB .. •>'

Mrs. Nellie T. Bush, above, member of the Arizona legislature, is indeed a busy woman. She is also a federally licensed Colorado river ferryboat pilot, joint owner of a ferry and the city water works at Parker. Ariz., holder of a teacher's certificate and an expert tennis player, in addition to attending to her home and her 15-year-old son.

BELIEVE IT or NOT

Gibson tclkwoml director/ Committed Murder on Sunday,*Avt. tr.tw f -WAS ARRESTED ON MOKDAy _— | ||| J Tried on Tuesday WtL* \ J§ / GIVEN ufesenTencc ON Wednesday Yvi 'M* MELUf. \ f PIED ON THURSDAY fj§|o LANE. \W V / BURItD ON Frida/ WEIGHED irfl forgotten Saturday A stone in""’ V

CISSL KUa futon Waa<ht,Cral>llMtijfanin n4

New York Bank Stocks

(By Thomson & McKinnon) —March 21— Bid. Ask. America 60 63 Bankers 119% 122% Brooklyn Trust 515 525 Central Hanover 372 277 Chase National • 101% 104'% Chatham Phoenix National.. 83 86 Chemical 48% 50% City National 101% 104% Corn Exchange 125 129 Commercial 3to 325 Continental 24 27 Empire 58 61 First National 4,060 4,260 Guaranty 543 548 Irving 39 41 Manhattan & Cos 90% 93% Manufacturers 49% 51(4 New York Trust 181 189 Public 62 65

Produce Markets

Eggs (country run)—Loss off delivered in Indianapolis, 16c; henery Duality No. i, 17c: No. 2. 17cPoutrv (buying prices)—Hens, weighing 5 tbs. or over. 17c; under 5 lbs.. 16c; Leghorn hens, lie; capons. 7% lbs. up. 28c; 6%-7% lbs.. 34c: 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 duality auoted bv Kingan & Cos. Butter (wholesale)—No. 1. 33®34c; No. 2. 31®32c. Butteifat—32c. Cheese (wholesale selling price per pounds)—American loaf. 32c: pimento loaf. 28c: Wisconsin firsts. 19c: Longhorns, 19c: New York Limberger. 32c. By United Press NEW YORK. March 23.—Potatoes Market steady; Long Island. 52.50®3.85 barrel: Maine. $2.75® 3.50 barrels; Idaho. 35c@*2.20 sack: Bermuda. s7@9 barrel; Canada, 50c<®*3.50 barret. Sweet potatoes —Market steady: Jersey baskets. 75c<?|53.50; southern baskets. $1.70®2.25. Flour—Market. quiet and steady; spring patents, [email protected] barrels. Pork —Makret, quiet; mess. *26.50 barrel. Lard—Market, steady; middlewest spot. 59.35®9.45. Tallow Market, firmer: special to extra. 4'/b®4% :. Dressed poultry—Market, quiet; turkeys. 25®43c: chickens. 25®39c: broilers, 30® 50c: capons. 30®46c; folws. 14®26c; Long Island ducks. 23@24c. Live poultry—Market. dull: geese, Il.<b:lsc: ducks ,15®25c; fowls. 20®24c; turkeys. 28@42c; roosters. 14@16c; chickens. 19®30c; capons. 21® 45c: broilers, 25®;37c. Cheese—Market, dull; state whole milk, fancy to special. 16@22%c; young Americas. 16®20c. NEGi.j DIES OF WOUNDS Jealous Husband Blamed for Shooting “Other Man,” Wife. Police today pressed search for a jealous husband who they say mortally wounded the “other man,” and wounded his wife in a Negro triangle. Clarence Foster, 27, Negro, 913 Paca street, died a few hours after the shooting. According to police the slayer is James Gaddie, 30, Negro, 2613 Paris avenue, in whose home the shooting occurred. SABATINI IS DIVORCED By United Press LONDON, March 23.—A divorce decree was granted by divorce court Justice Bateson today to Mrs. Ruth Goad Sabatini in her suit against the novelist, Rafael Sabatini. The charges were misconduct and the case was not defended. Mrs. Sabatini’s petition alleged misconduct on the part of Sabatini with Kathleen Fellside Grandin at a hotel in Paris last May. Buildirrg Permits Harry Moore, garage. 833 North Chester $250. Fred Robinson, filling station, northeast corner Kcaling and East Tenth. $1,300. Fred Robinson, tanks and pumps, northeast corner Kealing and East Tenth. *1.200. P. C. Clark Realty Company, alterations and repairs. '209 College. *3OO. Harry Kltchell. addition. 1420 Olney. SSOO. Mrs. Walter Gregory, new brisk sidings. 3852 Park. SSOO. Grinslade Construction Company, dwelling and garage. 920 Leland, *2.250. Mrs. H. H. Wheeler, repairs. 220-24 North (4 195 Edgar kreg'lo. dwelling and garage, 91921 East Stxtv-first. $5,000. Thomas Carson, dwelling and garage. 5640 Washington Blvd.. *22.000. Painless Auto Bumper By United Press • EVANSVILLE. Ind.. March 23. The painless automobile bumper, long a butt of movie and comic page jests, at least is a reality, according to Harry Beaver, inventor, and August Klusmeier, coholder with Beaver of a patent on a rubber aircushion contrivance. A person struck by the bumper will fall toward the auto and land comfortably on the air cushions, it is claimed. It is mounted on spring steel, and is as resilient as a sponge, Klusmeier contends. Auto Theft Alleged By Times Special COLUMBUS, Ind., March 23. Robert Woodruff, 16, of Vernon was arrested there and brought to jail here today, charged with the theft of an automobile owned by Earl Hawes of this city.

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

Following is the explanation of Riley’s “Believe It or Not,” which appeared in Saturday’s Times: George rsalmanazar, the Most Remarkable Impostor in History— George Psalmanazar, a native of France (1679-1763), conceived the plan for the greatest literary hoax in history when he was only 25 years old. Impersonating a native of a purely imaginary island of Formosa, he published an entirely fictious “Historical and Geographical Description of Formosa.” In addition he invented an alphabet, a grammar and a language which he attributed to his imaginary island, and into which he “translated” the English catechism and part of the Bible. For many years, until he confessed his forgeries, he was the subject of a very heated controversy raging around his book.* The scientists of Europe long were divided as to the merit of his work. Lake Tahoe Never Freezes— Although Lake Tahoe is at an elevation of 6,225 feet, and at times the surrounding country has a temperature of 20 degrees below zero, Tahoe never freezes. Due to its great depth, and, possibly because of the ruffling and consequent disturbance of its surface by the strong northeasterly winter winds, this vast body of water maintains too high a temperature to be affected by the attending short periods of low temperature in the vicinity. There are also some hot springs on the north east shore which tend to keep up the temperature of the lake water. Reference: United States department of agriculture, forest service, Nevada City, Cal. Tuesday—“ The Man Who Has Never Smiled.”

Dow- j ones Summary

Central and Southwest Utilities and subsidiaries 1930 net $1.34 a share on 3.046,575 common shares against $1.29 a share on 2.872.605 shares In 1929. . Art Metal Works and subsidiaries In 1930 earned 94 cents a share against $4.11 in 1929. General Motors common and nreferred stock holders In first quarter. 286,378 new high record against 263.528 In oreceding quarter and 240,483 Tear ago. Texas Company meets crude oil cut In southern California fields announced by Standard of California and Union Oil. Alles & Fisher declared a dividend of 25 cents, payable April 1. record March 20. Three months ago a dividend of 37% cents was declared prior to which stock was on $2 annual basis. Farr Alpaca declared $1 auarterlv dividend reducing annual rate to $4 from SB. Beginning April 1. United Fruit Company makes substantial reduction in minimum and maximum fares on all tropical cruises. Kellogg Switchboard and Sunplr 1930 net profits $32,937 after taxes and charges; net loss *524,935 in 1929. Production of sugar In Cuba from present crop to March 15 amounted to 2.169.1 492 tons, according to sugar club against 2,449,574 same period 1930. De Vaux-Hall Motors to begin production April 1 on schedule of 2,000 cars with output of 3,400 planned for May. Stocks of crude rubber in London on March 21 totaled 83,132 tons, increase 131 over preceding week. Liverpool stocks 48.333 tons. Increase 1,228. Njw York cables opened in London at 4.86 against 4.85 15-16: Paris checks, 124.17; Am.terdam, 12.122; Italy. 92.765; Berlin. 20. ?7. Wesson Oil and Snowdrift and subsidiaries in six months to Feb. 28 earned *1.07 a common share against *I.OB in like period of preceding year. H. M. Bvllesby & Cos. 1930 net *1.807.149 after all expenses and taxes against *4.392.806 In 1929. Bush Terminal Company and subsidiaries in 1930 earned *3.65 a common share against $4.39 in 1929. Pittsburgh Screw and Bolt Corporation year ended Dec. 31, net profit *1.397.052 after depreciation, interest and federal taxes against *3.271.749 in 1929. California crude oil production averaged 530.000 barrels dally In week ended March 31, a gain of 2,800 daily over preceding week, according to California Oil World estimates. Standard Oil Company of Ohio has acquired chain of retail and bulk stations of Fort Industry Oil Company In Toledo and Cleveland. New York Liberty Bonds —March 21— Treasury 4%s 103.25 Treasury 4s 107.25 Treasury 3%s of ’47 101.31 Treasury 3%s of ’43................ 101.13

t-c it Registered O. 8. If V l atent Office RIPLEY

Net Changes

NEW YORK, March 21.—Closing prices on leading stocks traded on the New York Stock Exchange today were: Up. Off. American Can 126% ... 1% Amer & For Pwr 46% ... 1 Amer Tel & Tel 194% ... % Anaconda 38% ... 1 Auburn .; 215 5% .. . Bethel Steel 63 5 /s ... 1 Byers A M 57 ... 1% Case, J I 116% ... 2 Cons Gas 107% ... 1% Elec . J, vr &Lt 58% ... 1% Fox 36% ... % Gen Electric 52% ... % Gen Motors 47(4 ... % Int Tel 37 ... (4 Loew’s * 59*4 ... 1 Mont Ward 27 ... % Nat Pwr & Lt 42% ... % Packard, unchanged ... 10% Pennsylvania 58% % ... Public ervicc 92(4 ... 1% Radio 26 ... 1% Radio-Keith 24% % ... Sears Roebuck 60% ... 1% Standard Gas 85% ... % Stand Oil N J 45% ... % Trans-America 14% ... % United Air 36 ... % United Corn 30 ... % U S Steel 147(i ... 1% Vanadium 71 % .. Westlnghouse El 91 ... 4 MARCH CONSTRUCTION SHOWS SHARP UPTURN Contract Awards Indicate Trend Toward Better Business. With half of March running well ahead of the entire month of February in construction contracts awarded, the Chicago territory gives indication of renewed activity, according to F. W. Dodge Corporation. This territory includes northern Illinois, Indiana, lowa, eastern and southern Wisconsin. The period, March 2 to 14 inclusive, produced a total of $30,958,800 in contracts awarded as compared with $25,273,600 for the entire month of February. Seasonal activity is said to be responsible in part for this decided gain. Residential building which has been looked to by economists to start the upward trend toward returned prosperity has, during half of March, already doubled the entire month of February with $9,889,000 for the twelve working days covered. This sum offers a favorable comparison with the entire month of March, 1930, when contracts totaling $12,188,700 were awarded in this major construction class. $500,000 Hearing Postponed By United Press LONG ISLAND CITY, March 23. —Trial of the $500,000 suit of Mrs. Henry Tvrdy, the former Mary Spas, against Edward West Browning was postponed today until May 4. Bury Girl in Bridal Gown By United Press REVERE, Mass., March 23.—A deathbed wish was fulfilled today when Miss Mary Contaldo, 23, victim of heart disease, was clad in her bridal gown before being buried in a Malden cemetery. She was to have been married shortly.

EASTER EXCURSION NEW YORK CITY A Wonderful 4-Day Trip FRIDAY, APRIL 3 *l7 JO Round Lv. Indianapolis 6:30 a. m. or 6:00 p. m. Ar. New York 7:25 a. m. 5:02 p. m. Return Limit Monday, April 6 Returning tickets will be good on train leaving New York 6:30 p. m. Sunday, April 5, or Monday, April 6. Tickets good in coaches only. Children half fare. $30.50 ESCORTED TOUR Includes railroad fare meals en route, transfers, hotel accommodations, sightseeing trips. Full particulars at Ticket offices. For tickets and complete information apply City Ticket office, 112 Monument Circle, phone Riley 3322, or Union Station, phone El ley 3355. BIG FOUR ROUTE

.MARCH 23, 1931

STOCK SHARES SELL DOWN IN QOIETSESSION Small Losses Are Made by Leaders In Early Trading.

Average Stock Prices

Average of thirty industrial* for Saturday was 185.24. off 2.48. Average of twentv rails was 100.65. off .15. Average of twenty utilities was 72.61. off 67 Average of forty bonds was 96.43. up .03. By United Press NEW YORK, March 23.—Stechs moved irregularly lower at he opening on the Stock Exchange today. Trading was quiet. Small losses were noted in Westinghouse Electric, New York Central, Radio Corporation, Gold Dust, Auburn Auto, American & Foreign Power and American Telephone. United States Steel common opened down nearly a point at 146 American Smelting lost nearly a point to 51 3 i in the coppers. Other leaders were down fractionally. Selling in steel was communicated to other sections of the list. Westinghouse Electric, which opened off % at 90 7 s, sl and back to 90, off a point. A few issues held at the previous close, including Radio-Keith-Orpheum, Packard, Commonwealth and Southern, Sinclair, Commercial Solvents and Servel. Autburn Auto opened at 213% off 3 i. roi.e to 214 and then broke to 209, where it was off S’o points from the previous close. Freeport Texas, exceptional to th trend, rose 2% points to anew high for the year at 43(4. United States Freight also made anew 1931 top, touching 49 1 /2, up %. Columbia Graphophone opened 5,000 shares at. 13(4, up H. Volatile issues like Worthington Pump were down as much as 2 points. During the early trading prices continued to sell off in nearly all sections with trading increasing in volume on the decline. Bank Clearings • i INDIANAPOLIS STATEMENT —March 23 Clearings $ 2.260.00 ft oft Deb hs 4,715.000 00 CHICAGO STATEMENT Clearings *64.700.000 00 Balances 7,400,000.00 TREASURY STATEMENT , _ , —March 23Net Balance for March 20 .$733,380,701 2* Expenditures 32,761,234.90 Customs rects, month to date 20,405,516.98 Births , . J Girls John and Mamie Elkins, citv hospital Victor and Della Burgess, city hospital. taf ,aIPh anfi Beatrice Norris, city hosplOllie and Naomi Martin, citv hospital. John and Leoutlne Winters, city hospital. Ra^ onard and ° eorKla Anglin. 324 West Pat and Lock;- Dvcus. 2215 Lexington. George and Maggie Gill. 1735 Miller. Hansel and Bessie Davis. 822 Harlan Herod and Lorena Person. 330 West Eleventh. James and Mary Haverstlck. 1963 North Tacoma. Donald and Kathryn Underwood. Methodlst_ hospital. William and Mary Baumgart. Methodist hospital. William and Alma Kogemever. Methodist hospital. Emil and Ruth Wille. 709 South Missouri. Alonzo and Marie Watford, 2805 Boulevard place. _ , Both Charles and Delva Wright, citv hospital. Robert and Laura Anderson. 825 Division. Noble and Virginia Hodges, city hospital. Gilbert and Emma Burnett, citv hospital. Arthur and Nelly Mtddlebrook. 1924 Martindale. James and Hattie Young. 548 North Senate. James and Anna Anderson, 422 Rankin. Robert, and Marjorie Dennv. Methodist hospital. Fred and Sylvia Ruby. 1818 North Harding. James and Marie Crewes. 6427 Shellev Fred and Zula Wlotman. Methodist hospital. Aaron and Lvnn Everett. 325 Beauty Donald and Mary Richey. Christian hoepital. Morris and Lillian Foster. 1819 Jones. Deaths Anna L. Schwier. 66. 3319 East Wash* ington, broncho pneumonia Dorothy Alice Griffith. 30. Methodist hospital, intestinal obstruction. Dave Junior Torian. 1. 1843 Calvin, lobar pneumonia Willis Emorv Fort. 64. Long hospital, acute apDendicitls. Mary Welsh. 67. 1237 Bradbury, strangu* lated hernia. Green Crabtree. 84. 1034 West Walnut, broncho pneumonia. James R. Roembke. 8 hours. 2505 South New Jersey, cerebral hemorrhage. Sarah C. Pep Der. 70. 954 Hervey. uremia, Adam Bohl. 79. 1162 Madeira, influence Sue Mae Evans. 38. Methodist hospital, sarcoma. Theresa Marie Rudlcr. 81. 1808 Brookside. lobar pneumonia David C. Hurlock. 74. 1409 North Tuxedo. acute cardiac dilatation. Minnie B. Tavlor. 69. 1719 Southeastern, cerebral hemorrhage. Aurelius Smith. 82. 249 South Temple, cerebral hemorrhage. Mary E. Ginter. 63. 914 Congress, acuta cardiac dilatation. Cassie A. Decker. 6°. 2548 North Alabama. chronic mvocarditis. Fannie Isenhowcr. 71. Centra! Indiana hospital, arteriosclerosis.

Local Wagon Wheat

Citv grain elevators are paving 66c for No. 1 red wheat and 65c lor No. 1 hard wheat. FREE ON REQUEST To acquaint you with The Financial World'* great value to investors, we offer our next issue and “Leaders nt the Next Hull Market’’ free. Return this “ad'' and your address. WORLD America’s Investment Weekly—FaundeA 1902 53-QL Park Place New Y’ork