Indianapolis Times, Volume 42, Number 273, Indianapolis, Marion County, 26 March 1931 — Page 14
PAGE 14
PORKER TRADES DOWN FRACTION AT STOCKYARDS Cattle Inactive, Tending Toward Lower Levels; Sheep Weak. HOGS Mar. Bulk. Early Top. Receipt*. 19. 17.80 (a 8.40 (8-40 5,000 70 7.85 ® 8.25 8 25 5,000 71 7.85 "g> 8.25 8.25 1.500 73 7.55® 8.15 8.20 2 500 74 7.75® 8 25 8.25 4.500 25 7.90'® 8.40 8 40 5 000 78 . 7 80'S, 8.05 8 10 8,500 Hog.', received a setback this morning at the Union Stockyards, prices for the most part being 35 cents lower than Wednesday’s best figures. The bulk, 140 to 300 pounds, old for $7.60 to $8.05. Top price quoted early was SB.IO. Receipts were 6,500; holdovers, 335. Not enough cattle were on hand to make a good market today, allhough a weaker tendency was in view. Receipts were 1,300. Vealers were off 50 cents or more, selling at $10.50 down. Calf receipts were 1 100. Lambs were weak to lower, a few wolled western* selling at $8.60. Some clippers went at $8.50, Receipts were 600. Chicago hog receipts were 23,000, including 5,000 directs. Holdovers, 7 000. Market slow, few early sales and bids around 10 cents lower than Wednesday’s average. Good to choice hogs weighing 160 to 190 pounds sold at $7.90 to SB. Early top held at SB. Cattle receipts were 6,500 Calves, 3,000, and steady. Sheep. 13.000, and strong. HOGS Receipts, 8,500; market, lower. —Light Lights—i 140-180) Good and choice....* 7,76@ 7.90 —Light Weieths—-(lßo-1801 Good and choice.... 8.05®, 8.10 (180-200) Good and choice.... 8.05® 8.10 —Medium Weights—--200-220) Good and choice.... B,oos 805 (220-250) Medium and good . 7.80(g! 7.90 - Heavy Weights—--260-280) Medium and choice.. 7.60®i 7.80 •290-350) Good and choice ... 7.30® 7.60 —Packing Sows— „ (278-800) Medium and g00d... 6.00® 6.7a (110-130) Slaughter pigs 7.50® 7.65 CATTLE (Slaughter Class) Receipts, 1,300; market, steady. Oood and choice $ § 00® 10.25 Common and medium 6.00® 8.00 (1.100-1.500) Good and choice Medium 6.50® 8.00 —Heifers—-(soo-850) • Oood and choice 8 7.75® 9.50 Common and medium 5.00® 2 23 Common and medium 6.25® 6.50 Low cutters and cutters .... 2.75(a) 4.25 —Bulls (yearlings excluded) Good and choice beef 4.25® 5-35 Common and medium 3.00® 4.25 CALVES AND VEALERS Receipts, 1,100; lower. Good and choice $10.00®?0 50 Medium 7.50®10.00 Cull and common 5.50® 7.50 —Calves—-(2so-300) Oood and medium 5-50® 2-5? Common and medium 3.00@ 5.50 STOCKERS AND FEEDER STEERS Good and choice ■ ■ ■% 6.00® 8.00 Common and medium 4.25® 6.00 (800-1.500) Good and choice 6.00® §•?? Common and medium 4.50® 6.00 SHEEP AND LAMBS Receipts. 600; market, lower. Good and cnotce $ B.oo® 9.00 Common and medium 6.50® 8.00 —Ewea— _ Medtum and choice 300® f-§° Cull and common 1.50® 3.00 Other Livestock By United Pres* PITTSBURGH. March 26.—Hogs—Receipts. 1.500; holdovers, 500; market steady to 10c lower; 140-220 lbs.. [email protected]: 230270 lbs.. sß® 8.30; 100-140 lbs.. [email protected]: packing sows about 25c lower, mostly $6.50 ®6.75. Cattle -Receipts. 5; market nominal, steadv. Calves—Receipts, 100; market, steady to strong; good and choice vealers above 130 lbs.. lighter "eights down to $7.50; common and medium kind. *4®B. Sheep—Receipts, 1,000; market about steadv: good to choice wooled ambs, $10.25: choice clipped lambs. .s9® 9.25. medium to good clippers. [email protected]: need stocks slow, weak to 25c lower; good -elllng wethers up to $5.50; wooled kind. (6 down. Ry Time* Special LOUISVILLE. Ky.. March 26—Hogs Receipts. 800; market. 20c lower: 250 lbs. •ip. $7.55: 175-250 lbs., 57.90; 130-175 lbs.. 47.20: 130 lbs down. $6.55; roughs, $5.05 ®6.05: stags, $4.30. Cattle—Receipts. 100; market steadv: prime heavy steers. sß® 8.50; heavy shipping steers, $6 [email protected]; medium and plain steers. $5.50®6.50; fat heifers. s6®B: common to medium heifers. S5'S6. good to chotcc cows, $4.50®5.50; medium to good cows. $3.75®4.50; cutters, 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. 200; market, tops 50c higher: good to choice. sß@9; others, $7 down. Sheep— Receipts. 50. market, steady; ew r e and wether lambs, $8.50: buck lambs. $7.50; seconds, $5 50; clipped sheep, $34(4. Wednesday's shipments: Cattle. 65; calves. 195; hogs, none; sheep. none. By United Pres* CLEVELAND. March 26.—Hogs—Receipts. 1 800. holdover. 75c; steadv to 15c, or more lower' top, $8.50; on 160-210-lb. sorts. 220-250 lbs. and most pigs, $8.25; 360-300 lbs. around $7.85®8, Cattle—Receipts. 150; steady; common holdover steers, s7®7 25; low cutter to good cows. 53.25 @5.75, according to quality. Calves — Receipts, 500. active, strong to mostly 50c higher again: many in-between kinds, sl® 1.00 over Tuesday; better grades. 511.50. in liberal numbers: occasional best kinds, sl2; medium offerings, s9® 10.50; few culls under $7. Sheep—Receipts. 1,100; largely clipped lambs and mostly 25c lower than Wednesday's average: onlv a package clippers over $8.75: common to medium shorn offerings around $7®7.50. fly United Press EAST ST. LOUIS. 11l March 26.—Hogs -Receipts. 10,000; market slow, mostly 10c lower: top. $8.10; bulk. 150-200 lbs.. S7.BMi 3- 240-270 lbs.. $7.60®7.85; 100-140 lbs., $7,25®7.85; sows. $6.50 '6.60. Cattle—Receipts. 2.000; calves. 1,000: market, slow: a few early sales, steers steady, with Wednesday's decline, at 57(7.75; mixed rearllng-s and heifers slow, steady; cows weak: cutters and low cutters steady; -.ausage bulls steady: top, $4.75; vealers 50c lower at $10.55. Sheep—Receipts. 1.500; market, slow; few choice wooled lambs to city butchers steadv at $9: indications about steady on others. By United Press CINCINNATI. 0.. March 26—Hogs—Receipt*. 2.300: held over. 210; slow; better grade. 160-320 lbs., mostly 20c lower at $8.30: heavier weights. 25c or more lower: 240-280 lbs., $7.75(0 8.10; 120-150 lbs.. ST.SO ij'7.75: sows, steadv. $6 254(6.50. Cattle— Receipts. 325; calves. 200: slow generally steadv: few common and medium steers and heifers. $6.50® 7.75: more desirable kind un to $8.25: most beef cows. $4.75® 5.50; low cutters and cutters, strong; bulk, $3'i?4.35' bulls, active. $5.25 down; vealers. mostly 50c higher; good and choice, largely $10®10.50: few choice lots early up to $11: lower grades mostlv $9.50 down. Sheep Receipts. 73: generally steady; better grade handv weight lambs, quotable. s9® 4.50: common and medium, $6.50@8: fat ewes, $3(.(4. FT. WAYNE. Ind.. March 26—Hogs. 10 i2sc lower: 100-140 lbs.. $7.25; 140-150 bs.. $7.50: 150-160 lbs.. 57.75: 100-180 lbs.. $7.75; 180-200 lbs.. $7.90; 200-220 lbs., $7.75: 220-240 lbs. $7.65: 240-260 lbs . $7.55: 60-380 lbs . $7.45; 280-300 lbs.. 57.35; 300350 lbs.. $7 25; roughs. $6.25; stags. $4.50; calves. $10.50; lambs. $8 By United Press EAST BUFFALO. N. Y.. March 26 - Hogs— Receipts 1.600: fairly active; largely to packers: weights below 210 lbs., so< 10c lower; others strong to 10c higher: bulk desirable 140-210 lbs.. $8.60%8.65; 230-260 lbs.. $8 r 8.40. Cattle—Receipts. 150; cows, inchangrd: cutter grades 52.73f 4.25. Calves—Receipts. 200; vealers. 50c higher; good to choice *ll to mostly $11.50; common to medium. $6 , 9 Sheep—Receipts. 200: lambs strong to 25c higher; quality and sorts considered: good clippers, $8.75'; common and medium woolskins. $8.50; 2-year-old wethers, shorn. $6. ewes. $5. By United Press Toledo. March 26.—Hogs—Receipts. 250; market. lO'dJSc lower; heavies. 56.75(>?7.10; mediums. S.OS'T/'.TS: workers. 57.755i7.90; olgs. $7.50’’(7.75. Cattle—Receipts. 75; market, active. Calves—Receipts, light; market, strong. Sheep—Receipts, light; market, steady Building Permits Dr C H. Keever. two-story building. 5210-14 College. *IO.OOO. R. E. Willey. Inc., dwelling and garage, 22 East Fifty-seventh. $10,500. Mrs. Rosa Gedig. alterations and reoalr*. 1705 East Minnesota. $350 Oeorge Deck, garage. 3915 Broadway. *3OO. ‘Triend of Brooks Killer" Freed LOS ANGELES, March 28.—Manuel Lopez, Mexican youth, who surrendered saying he "knew who killed Virginia Brooks.” 10-year-old San Diego girl, was exonerated by police today who said he was suffering from hallucinations.
New York Stocks
—March 26 Ball roads— Prev. High. Low. 11:30. Close. Atchison 189% 188% 188(2 189 V Atl Coast Line 104 104 Balt & Ohio ... 76(& 75 75 <5% Chesa & Ohio.. 42% 42% 42% 42% Chesa Corp - 42% SB 3 * Chi Grt %Vest.. 7*4 7% 7(4 7 Chi N West 38 % 36% Del H& W 77 % 7R Del <St Hudson.. 142% 142 142 143’a Erie 30 % 30% Erie Ist pfd 41% Great Northern Gulf Mob & Oil 22 Illinois Central. 74 % 74 74 74 Kan City M 0... .. 39% Lou & Nash ... 95 93 92 96 M K & T 21% 21% Mo Pacific .... 32 31% 31% ... Mo Pacific pfd. 91% 89 89 92% N Y Central...ll3 112 112 112% Nickel Plate 72 NY NH & H §9 89 4 Nor Pacific 53 03% Norfolk & West 199,. O ft W , 6% I Pennsylvania .. 59% 58% 59 V 59 Seaboard Air L % So Pacific 100% 100 100% 99:* Southern Ry 53% 53% St Paul 6% 6% 6% 7 St 1 S F 41 41 Union Pacific 189% 190% W M ary land 17 16% Equipments— Am Car & Fdy .. 33% Am Locomotive., 26% 28 28 % 28 Am Steel Fd 28 277s Gen Am Tank 69% 69Vi General Elec ... 52% 51% 52% 52% Gen Ry Signal 76 Press Stl Car 5% ... Pullman 51% M 51 51*4 Westingh Ar B 34% 34% Westlngh Elec., 91% 90 90% 91*4 Rubber*— Pi sk % Goodrich WWW'' i§% ’iß% 18% 18% Goodyear 47% 4571 45% 48 Kelly Sprgfld ... 2% 2% 2% 2% Lee Rubber 4V 4% 4% 4% U 8 Rubber 18% 18% 1874 18% Motors— Auburn 244 % 237 242% 239 Chrysler 24% 23% 2* 24% Gardner 1 I*4 Graham Paige.. 4% 4% 4% 4*4 General Motors., 46% 46% 467? 46% Hudson 23% 22% 22% 23 74 Hupp 11% 11% 11% 11% Marmon 8 Nash • . 39 Packard 10 9% S% 10 Reo 8% B*4 874 8% Studebaker 26 25 26 24% Yellow Truck... 1474 14% 14% 1474 Motor Aeeess— Bendix Aviation. 23% 23% 23% 23% Borg Warner 29% 28% 29 29 % Briggs 22% 22 2274 22% Budd Wheel 11*4 11% Campbell Wy ... 16% 16% 16% 16% Eaton 20% 20% 20% 20% El Storage B 65 V 2 65 Hayes Body. 6% 6% Honda 8 74 B*4 Motor Wheel ... ... 18% Sparks W 12 Stewart Warner ~ ... 19% 19% Timken Roll $7 -50% 57 57 Mining— Am Metals ... 21 Am Smelt 48y e 4874 48% 49*4 Am Zinc 7 Anaconda Cop. . 36% 36% 36% 37 Cal & Hecla 9*4 ... Cal & Ariz • ... 41 Cerro de Pasco 26 26 Freeport Texas 39% 39 39 Granby Corp 20% Great Nor Ore 21% 21% Howe Sound 26 Int Nickel 19% 18% 18% 19 Inspiration 9% ... Kennecott. Cop 27% 28% Magma Cop 21 % 22 Miami Copper 8% Nev Cons 12% 13 Texas Gul Sul.. sl% 51% 51*4 51% U S Smelt 23 Oils— Amerada ... 20 Am Republic 1074 Atl Refining 20 19% 19% 19% Barnsdali 12% 11% 11% 1274 Beacon .' ... 9 Houston 14% 13% 13% 13% Indian Refining ... 37/,, Mex Sbd 19% 18% 19 187a Mid Conti 12% 12% 12% 13 Phillips 117a 11% 11% 11% Pr Oil & Gas... 14% 14*4 14*4 14% Pure Oil 9 Richfield 3 Vi 3% 3% 3% Royal Dutch 38*4 Shell Cn 7% 7% 774 7% Simms Pt 73/4 Sinclair 13*4 IS 13 1374 Skelly ... ... 9 Stand of Cal 45*4 45 45 45*4 Stand of N J... 45*4 45*4 ■ 45*4 45% Stand of N Y... 22*4 22 22 22V' a Texas Cos 29% 2974 29% 29% Steels— '* Am Roll Mills.. 32% 3274 32*4 32 Bethlehem 6374 62% 63% 62% Byers A M .... 5674 55*4 5574 56*4 Colo Fuel 2574 Cruc Steel 50% 5074 Inland 66 Ludlum 17% 1734 Midland 2774 ... Newton 18% Repub I& S 21 74 22 U S Steel .... „ 14674 145% 145% 146% Vanadium 75 y. Youngst S & W 72 Tobaccos— Am Tob A (new') 118 11734 Am Tob B (new) 120 119% 119% 120 Con Cigars 3474 ... General Cigar 42% Llg & Myers B 8974 Lorillard 18% 18% 18% 18% Phil Morris 12 11% Reynolds Morris 12 11% Reynolds Tob ... 51% 5174 5174 51*4 Std Com ob ... 314 Tob Pr A 13 Tob Pr B 374 3% United Cig 6% 6% Utilities— Abitibi 11% 10% 1174 10% Adams Exp 2174 21% 2174 2174 Am For Pwr 46% 4674 48% 46% Am Pwr & Li.. 5774 57*4 57% 60 AT&T 19674 19574 Col Gas & E 1... 44*4 43% 4374 43% Com & Sou 11 10% 11 11 El Pwr & Li.... 5874 57% 5874 5774 Gen Gas A... ... 774 774 Inti TANARUS& T 38% 3774 3774 37% Natl Pwr & Li.. .. 4374 No Amer Cos. .. 87 86% 86% 87 Pac Gas & El 53 5374 Pub Ser N J... 93% 92% 9274 92% So Cal Edison.. 5174 517a 51*4 51% Std G& El 8174 8374 United Corp... 29% 29% 2974 2974 Ut Pwr & L A., 39% 29% 2974 29% West Union 135 13574 I Shipping— Am Inti Corn 2074 Inti Mer M pfd. 1474 1* 1474 14*2 United Fruit... 64*4 (M 64 64*4 Foods— Am Sug 5874 5874 Armour A 2% 2% 274 274 Beechnut Pkg. .. 58*4 Cal Pkg 44 43 43 44% Can Dry 3874 3874 3874 38*4 Childs Cos ... 3174 Coca Cola ..... . . ... ... 162% Cont Baking A.. 2274 22 22 2274 Corn Prod 8374 83 I '-- Crm Wheat 33*2 Cudahy Pkg 48 4774 Cuban Am Sugar 5*4 5% Gen Foods 5474 5474 54% 54% Grand Union 18 Hershev 101 100 101 100 Jewel Tea 5474 54 54*4 5474 Kroger 32 31% 32 3274 Nat Biscuit 82*a 82 82*4 82 Pillsbury 35 Safeway St 7462% 6274 62% 62% Std Brands .... 20 19% 20 20 Ward Bkg 674 Drugs— Cottv Inc 14% Lambert Cos .... 85 8474 8474 85 74 Lehn & Fink 33 Industrials— Am Radiator ... 20 19% 19 I '. 19% Bush Term 267a 27 Certainteed ... ... 6 Gen Asphalt 46% 45*4 54% 46 Otis Elev 55% 55% 55% 5574 Indus Chems— Allied Chem 154% 154*4 Com Solv 197 g 1914 Union Carb 69'* 68% 6974 6874 U S Ind Alco 51 49% 51 51 Retail Stores— Assoc Dry Gds. 27 26% 26% 2774 Gimbel Bros 6% 6% Kresge S S 27 27 May D Store 37** 3674 Mont Ward .... 26*a 26 26% 26 Penny J C 37 7* 3674 37 36% Schulte Ret St 10*4 10%
Produce Markets
Eggs (country run'—Loss of! delivered in Indianapolis. 16c; heuery Quality No. 1. 17c; No. 2. 17c. Poutrv (buvme prices)—Hens, weighing 5 lbs. or over. 17c: under 5 lbs.. 16c: Leghorn hens, lie; capons. 7la lbs. up. 28c; 6'/j-7‘,a lbs.. 24c: under 6la lbs.. 20c; springers. 5 lbs. or over. 17c: or under 5 lbs.. 17c: ducks, springers, lie: .old cocks. 94nic: ducks, full feather fat white 9c; geese. Bc. These prices are for No. 1 top Quality ouoted by Ktngan <& Cos. Butter (wholesale)—No. 1. 33234 c: No. 2. 31f(i32c. Butterfat—32c. Cheese (wholesale selling price per pounds)—American loaf. 32c: pimento loaf. 28c; Wisconsin firsts. 19c: Longhorns. 19c; New York Llmberger. 32c. By United Press NEW YORK. March 26.—Potatoes—Market. steady: Long Island. $2.50®4 barrel: southern. $6.50:8.50 barrel; Maine. $2.75 'iß 60 barrel; Idaho. 35c©52.50 sack: Bermuda. $72 9 barrel: Canada. $1.7523.85 barrel. Sweet potatoes—Market, steady jersey baskets, 75c® $3.50; southern baskets. 51.25(n 2.25. Flour—Market, quiet and steady: spring patents. $4.40<u’4.7e barrel. Pork—Market, quiet: mess. $26.50 barrel. Lard—Market, dull; middiewest spot. $9.50 ®9.4C lb. Tallow—Market, steady; special to extra 4l*©4*ic. Dressed poultry Market steady to firm: turkeys. 25©43r. chickens, 25© 38c; broilers, 30©50c: capons 30'';46c; fowls. 14® 26c: Long Island ducks. 23® 24c. Live poultry—Market, unsettled: geese, 11® 15c; ducks, low 25c; fowls. 20© 25c;' turkeys. 30©42c: roosters. 125713 c: chickens. Id© 30c: capons. 20©45c: broilers, 25® 36c. Cheese—Market, dull; state whole milk, fancy to special, 17c: young Americas. 16g 20c, By United Press CHICAGO, March 26.—Eggs—Market, firmer; receipts. 18,333 cases: extra firsts. 20‘ac: firsts, 19®19sc; ordinaries. 18’ac; seconds, lie. Butter—Market, firmer: receipts. 7.876 tubs: extras. 28'.-c; e*tra firsts. 27®(©28c: firsts. 26>i27c; seconds. 34 1 2(q25V5c; standards. 28'sc. Poultry— Market, steady; receipts. 1 car; fowls. 22c: springers. 26c: Leghorns. 20c: ducks. 23c: geese. 15c: turkevs. 25c: roosters. 15c. Cheese—Twins. 14:® I4 l *c: young Americas. Potatoes -On track, 302; arrivals. 16;: shipments. 764; market, firm to stronger: Wisconsin sacked round whites. $1.45 .’(1.65: Minnesota round whites. $1.40 ''<•l.4s; Idcho russets, $1 80©, 1.90; Colorado red McClures. $2 15.
(By Thomson 8t McKinnon)
Sears Roe 58% 58% 58% 58*4 Woolworth 65*4 64 % 6474 647* Amusement*— Col Graph 1374 1 3 1374 1374 Eastman Kod ..170% 169*4 170% 170% Fox Film A ... 377 3774 377'* 37% Grigsby Gru 5 4* a Loews Inc 58*2 58 58 % 58% Param Fam.... 46** 4674 46% 46% Radio Corp ... 26% 26 26% 26% R-K-O 24 227* 24 24 % Warner Bros .. 14 1374 14 14 Miscellaneous— Airway App 7*4 ... City Ice A: Fa 36 v Congoleum 117* 1174 1174 117s Am Can 129 128 128% 128 Cont Can 6274 61 62 6174 Curtiss Wr .... 4% 4 4% 5 Gillette S R ... 317* 31*4 317* 31% Real Silk 23 Un Aircraft 36*4 36 36*4 36% Int Harv 5574 5574 55% 55’*
SCHOOL GROUP HAS MEETING Milo Stuart Speaks to Parent-Teachers. “Support of public schools Is not an expense but an investment paying big dividends.” So declared Milo Stuart, the new assistant superintendent at Arsenal Technical high school, in addressing members of the Federation of Par-ent-Teachers at the annual meeting held at the high school Wednesday night. “The public schools develop the talents of the youth so that they will be capable of handling situations which we can not anticipate,” he said. 'The new program of the teachers rests on guidance. It is the privilege of the teacher to sift the experiences of life and bring into the life of the student all that is worthwhile.” The Boys Concert Club furnished the afternoon’s music. During the dinner hour tw r o orchestras from Technical entertained. Garbed in white tunics, the massed mothers choruses sang, under direction of Miss Isabelle Mossman. Mb-s. Clayton H, Ridge, president of the federation, presided during the reading oMhe afternoon reports. Dinners for a thousand persons were served under the direction of Mrs. Lucian King.
The City in Brief
A memorial service for Claude Mcßea, who died Friday in the city hospital, will be held at 7:45 o’clock tonight in the Dodd Mission. 609 East Washington street. Samuel Shipman of New York city, editor of the Economic Review of the Soviet Union, will be the principal speaker at the special Friday luncheon meeting of the World Trade Club of Indianapolis at the Chamber of Commerce. Those interested in foreign trade are invited to attend. Lloyd C. Claycombe, attorney, will be principal speaker at a spring banquet to be given by the high school department of Meridian Heights Presbyter .an church at 6:30 Friday night. Miss Rachel Ballenger was elected president of the newly organized West Side Christian Endeavor Union at the Y. M. C. A. Wednesday night. Other officers are: Miss Flossie Tremor, vice-president; Russell Laughlin, treasurer; Charles O’Brien, coresponding secretary; Miss Edith Cade, recording secretary. An observance of Appomattox day, sponsored by all Indianapolis posts of the G. A. R., will be held April 9 at 2:30 in Ft. Friendly, 512 North Illinois street. Thomas A. Dailey, attorney, will be the principal speaker. William H. Rankin, nationally known New York advertising man, a former Indianian, was sworn in Wednesday and duly commissioned as a lieutenant-colonel in the specialist reserve corps of the United States army. Mrs. J. E. Shelley -of 425 East Michigan street, reported today to police that a tall man snatched her purse containing $35 Wednesday night near her home. Clothing valued at $l9O was reported stolen today to police from the apartment of S. H. Abrams, 3812 North Pennsylvania street. A passkey was used to effect an entrance to the apartment. “Christ asks not only our allegiance, but our co-operation/’ declared the Rev. M. B. Fuller, of Cleveland, at the noon Lenten service at First Baptist church today. Paul Tischer and John Alig of Indianapolis, freshman and sophomore, respectively, at Wabash college, Crawfordsville, have been elected to membership in the college German club for outstanding work in that subject during the first semester. The Rev. F. W. Burnham, who returned to Indianapolis recently from India, will be the speaker at i the Exchange Club luncheon Friday at the Lincoln.
In the Air Weather conditions at 9 a. m.: East wind, 11 miles an hour; temperature, 37; barometric pressure, 30.22 at sea level; ceiling, 2,500 feet: visibility, l’-i miles; field, fair. State Tour Planned Arrangements for the third annual all-Indiana air tour will be made at the meeting of the Indiana Aircraft Trades Association in the Chamber of Commerce 7:45 o’clock tonight. DEPUTY STATE'BANK SUSPENDS BUSINESS The Deputy State bank of Deputy, Ind.. closed Its doors today. Luther F. Symons, state banking commissioner, left this morning to take charge of the bank’s affairs. Failure of a Louisville bank is believed to have caused the crash at Deputy, according to Symons. The Indiana bank was a corresponding member of the Louisville institution. It is capitalized at $25,000, with $70,000 in loans and 570.000 in deposits, and surplus and undivided profits of $1,50. D. W. Robertson is president of the bank and F. A. Anderson cashier.
THE INDIANAPOLIS TIMES
WHEAT TRADE DEPRESSED IN EASY SESSION Deferred Deliveries Show Greatest Weakness; Corn Steady. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO. March 26.—Deferred wheat deliveries were easy as the Board of Trade opened today, losing a - minor fraction in sympathy with Liverpool. The English market started higher, but fell back when demand failed to sustain the rise. Action was rather light at the start. Com was steady with a firm undertone, renewed interest in the cash market providing the strength for the futures. Oats were slow and steady, following the action in com and in the cash trade. At the opening old wheat was unchanged to 74 cent lower, corn was unchanged to 74 cent higher and oats were 74 cent up. Provisions were slow and steady. Liverpool Opens Up Liverpool opened much stronger than expected, but had sold back to around the previous close by midafternoon, standing unchanged to 74 cent higher. Buenos Aires showed weakness and was off % cent near mid-day. With traders informed as to what the farm board intends to do with its wheat, operators have widened with pressure being resisted. Traders believe the market has gone stale on the bear side, though there still is a large interest outstanding in spreads between wheat and com. Clearing this up is likely to give the market an irregular appearance. Weather Is Colder The American northwest is experiencing much colder weather, with blizzards reported in northern North Dakota,' Montana and Denver. A sudden revival in the demand for cash corn from the east and the better tone in wheat helped com. The east took 125,000 bushels on Wednesday with more orders said to be in the market at the close. Cash interests took considerable oats Wednesday, which closed with the market strong, although action was nto very large. Chicago Grain Table WHEAT (old 7— a ' Ch „ High. Low. 11:00 close. May 82 .81% ,81% ,8174 July 60/a .60% .60% .60% September ... ,6074 . 60*4 .607" .6074 CORN (Old) '* May 63 74 .63 74 .63 74 .6374 July 65% .65 .65 .65 September ... .6574 .6574 .6574 .65% OATS (Old) 8 May 3274 32 .3274 .32*4 July 32% .321/2 September 32% .3274 RYE (Old) 8 May 39*4 39 .3974 .39% July 4074 LARD— May : 8.92 8.97 July 9.07 9.05 9,05 9.12 By Times Special CHICAGO. March 26.—Carlots: Wheat, 22; corn, 113; oats, 9; rye, 1. and barley, 1.
YOU SEE MURDER ON THE WAYIN THIS ONE But You Do Not See Who Slowly Poisoned Ronald Craig in “The Craig Poisoning Mystery,” By Fielding. BY WALTER D. HICKMAN. YOU actually see murder going on by the slow process of poison In the bedroom of Ronald Craig and you see death finally enter the room and take the master. Craig writes a letter to his best friend, Guy Houghton, telling him that he is being slowly poisoned in his own home, and that he knows w'ho is doing it. Craig’s desire was for Guy to come on the next day so he could tell him who was administering the poison. Next day, Craig was dead before Guy arrived. This happens in “The Craig Poisoning Mystery,” by A. Fielding,
and just published by Cosmopolitan Book Corporation, I am recon mending this murder mystery at this time because many requests have been coming lately to my desk asking me to recommend “a good mystery.” And the answer is “The Craig Poisoning Mystery.” All in the house easily came under suspicion of the law. Was it the doctor? Or Lady Craig or the fiancee of Ronald’s? Maybe it was the servants or the sister of the doctor? Maybe the former wife of Ronald’s. The author pays more attention to the actual working out of the mystery than the murder itself. You meet Inspector Pointer of Scotland Yard going off on a completely wrong track and then starting out all over again as the inspector recreates the murder. The character drawing has been extremely well done. All seem to be flesh and blood characters, not just mere shadows, but living personalities who seem to step out of the printed page. In the mine run murder mystery, so many of the characters are just names injected to mess up the situation. All of the characters in “The Craig Poisoning Mystery” have a definite place in story and all logically could be suspected. You will like Pointer, the Scotland Yard man, because he is a real human being and not a story book detective, Ke has a brain and he uses it as a human being. I can recommend “The Craig Poisoning Mystery” as a real story, well written and logically worked out. a a a COMMITTEES NAMED FOR CIVIC ORCHESTRA. Named general chairman for the season-closing concert of the Indianapolis Symphony orchestra, April 19, G. M. Williams, president of the Marmon Motor Car Company, today announced a publicity committee headed by Sidney A. Sullivan, advertising manager of L. S. Ayres &r Cos. Directed by Ferdinand Schaefer, the co-operative orchestra will present the final concert of its first season Sunday afternoon. April 19, at Caleb Mills hall, with Rudolph Reuter, well-known concert pianist, assisting. Mr. Sullivan’s committee includes Ernest Cohn, of the Homer McKee Company; Miss Pauline Schellschmidt, Miss Helen Hollingsworth, Mrs. Anna Marie Gall Sayles and Mrs. Eloise Walton. Selection of Mr. Williams as chairman was the outgrowth of an organization committee meeting held recently by sixteen musically minded citizens to discuss local promotion of the orchestra.
BELIEVE IT or NOT
II 37 axets A GAME \ \ - _ 17 ' Thi white house.’ - - \ I •* - Washington, 0.c.. St Sdiokstica /W. ' o r is never-entered S? Team. 3-z6 The FRONT DOOR. * MU. Rio* iHnn Syndicate. Inc*. On*t Bfflatn rlgftt* rtsenwl
New York Curb Market
(By Thomson & McKinnon) —March 26 11:30 11:00 Am Com Pwr.. 1674 Midwest U 24 Am Gas & El.. 79*/2 Mo Kan Pipe... 8% Am Lt & Tr.. 5374 Niles 21% Ark Gas 9% Noranda 2874 Brazil Pw & Lt 227s Penroad 7 Can Marc 374 Prince & Whtly 174 Cities Serv .... 1974 Shenandoah ... 874 Cons Gas .... 98 Std of Ind .... 31% Cord 1374 Std of Ky 2174 Durant Mot ... 3 Std of 0hi0.... 50 Elec Bond Sh. 57*% Stutz 2674 Ford of England 17 Trans Air Trans 7 Fox Theater... 974 Un Gas (new).. 10% Goldman Sachs 1174 Un Lt & Pwr.. 31% Gulf Oil 66*4 Ut Power 1274 Hudson Bay ... 674 Vacuum Oil .... 56 Humble Oil ... 56 Van Camp 7 Int Pete 12% Walgreen ..... 2874
Local Wagon Wheat
City grain elevators are paying 67c for No. 1 red wheat and 66c for No. 1 hard wheat.
Best Sellers The following is a list of the six best sellers in fiction in Brentano’s New York stores: “The Sophisticates.” Gertrude Atherton; Liveright. $2. The enigma of a brilliant woman’s soul. “The Good Earth,” Pearl S. Buck: John Day. $2.50. A powerful novel of the soil with a Chinese setting. “The Bridge of Desire,” Warwick Deeping: Mcßride. $2. A powerful novel of marital unrest. “Java Girl,” Schwartzenberg and Harrison; Brentano’s $2. A stirring romance of the South Seas. “Grand Hotel,” Vicki Baum: Doubleday Doran. $2.50. The novel that made New York’s greatest dramatic hit. “Aphrodite in Aulis,” George Moore; Brentano’s, $2.50. A tale of Greece in the Golden Age.
Called together by Leonard A. Strauss and Schaefer, the committee also includes Mrs. Henry Schurman, Eugene C. Foster, Mrs. Charles Latham, Mrs, Isadore Kahn, Mrs. Frank B. Hunter, Arthur Franklin, Mrs. Robert I. Blakeman, Mrs. R. Hartley Sherwood, Robert Efroymson, Theodore Griffith, Mrs. Carl T. Lieber Jr., Miss Sarah Ewing, Miss Lorle Krull and Miss Isabelle Mossman. In accepting the chairmanship for the orchestra’s season-end concert, Williams said: It’s a privilege to be a member of the group of citizen sponsors who are working to guarantee'the city’s musical future. On the success of its final concert April 19, the future of the Indianapolis Symphony orchestra depends. “With no financial backing, save the funds from the sale of tickets, the members of this co-operative orchestra propose to carry on in giving Indianapolis the orchestral background she should have. I, for one, am proud to be assisting.’’ n u a Indianapolis theaters today offer: "Holiday” at the Civic, "Fifty Million Frenchmen” at the Apollo, Miss Frances White at the Lyric, “The Conquering Horde” at the Ohio, “Today” at the Circle, “City Lights” at the Palace, “Honor Among Lovers” at the Indiana, and burlesque at the Mutual. Marriage Licenses Max Case. 31. of Salt Lake City, Utah, carpenter, and Beulah Ricks. 29. of Hotel Harrison. Harold Nock. 21. of Davton. 0.. soldier, and Eula B. Libka, 19. of Lawrence. Ind.. waitress. Gred J. Bennett. 38. of 609 North DeQulncey. nlumber. and Minnie L Phillips, 16. of 1001 South Alabama. Herbert Cockerham, 21. of 1230 North Davidson, salesman, and Anna M. Wetzel, 18. of 2059 North La SaUe. Stephen A. Miller. 29. of 5651 College, teacher, and Marion S. Neely. 25, of 3651 College, dietttician. Alva O. Coflman. 18. of 1128 Spann. salesman, and Dorothy S. McNew. 18. of 704 Fletcher, clerk. Howard W. ChaSis. 38. of Hotel Roland, salesman, and Goldie P Moorman, 39, of 814 North Llnwood. saleslady. Burnham T. Stevens. 31. of 1720 Tibbs. chauSeur and Thelma Sibert, 19, of 1415 East Nineteenth, stenoarapher.
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 apeared in Wednesday’s Times: The Three on Crutches—The Karasaki pine tree stands on a walled esplanade in Karasaki village, Japan. Its 300 or more immense horizontal boughs, upheld by wood crutches or stone pillars, curve awkwardly, and at the top are tin and wood copins as a protection against weather. These arms, some of which are over 200 feet long, reach out like legs of a gigantic spider. This 1,000-year-old tree illustrates the Japanese love for the bizarre.
Friday: “The 76-year-old fancy skating champion.”
Dow-Jones Summary
Bank of England made no change In Its discount rate of 3 per cent. American Home Products Corporation dared regular semi-annual dividend of 50 cents payable May 1. record April 14. United Profit Sharing Corporation declared regular semi annual dividend of 50 cents on preferred payable April 30. record March 31. New York cables opened at 4.85 27-32 against 4.85 29-32: Paris checks 124.19; Amsterdam, 12.122; Italy. 92,755; Berlin. 20.39. New Jersey Zinc declared regular quarterly dividend of 50 cents, payable May 9, record April 20. Treasury calls for tender of $100,000,000 in ninetv-dav bills to meet veterans bonus loan demands. Bank of England statement as of March 26. shows circulation 348.807,000 pounds against 347.286,000 pounds on March 19. Ratio 55 1-5 per cent against 53% per cent and bullion 144.518.000 pounds against 142,826.000 pounds. Kuhn Loeb & Cos. buys $50,000,000 issue of Southern Pacific 4*% per cent bonds due 1981, To be offered at 9674 to yield 4.67 per cent. Associated Dry Goods Corporation including wholly owned subsidiaries and also Lord & Taylor in year ended Jan. 31. earned $2.01 a common share against $3.41 in preceding year. Owens-Illinois Glass and subsidiaries 1930 net $2.45 a share on 922,173 common shares against $4.80 a share on 827,226 shares in 1929. Georgia Power and subsidiaries February net after taxes 5991.257 against $988,909 in February. 1930. Twelve months* surplus after preferred dividends. $3,618,272 against $4,906,075. Ohio Edison February net after taxes $1,013,866 against $1,020,577 in February, 1930. Twelve months’ surplus after preferred divisions $5,058,055 against $4,107,388. International Paper and Power Company declared regular quarterly dividends of $1.75 on 7 per cent and $1.50 on 6 per cent preferred, payable April 15. record April 4. International Paper Company declared regular quarterly dividends of $1.75 on 7 per cent preferred and $1.50 on 6 per cent preferred, payable April 15, record April 4. Bank of France statement as of March 20 shows gold 56,102.000.000 francs against 56.094.000,000 on March 13. Circulation 77,370,000.900 against 77.810,000.000 and ratio 55.49 against 55.33 per cent. Net income of Southern Pacific Company and all Its wholly controlled affiliated companies for year ended Dec. 31, 1930. was $29,842,181 after taxes and charges, equal to SB.OI a share on 3,723.818 shares against combined net income of $48,360.783. or $12.99 a share on 3.724,038 shares in 1929. Federal Light & Traction Company in 1930 earned $3.10 a common share against $2.88 in 1929. International General Electric In 1930 earned $8.19 a common share against SB.CB a share in 1929. National Family Stores common and preferrd stockholders of record April 4. offered right to subscribe to 2-5 of a common share at $5 a share for each share held. Rights expire April 14. Hamilton Watch Company declared regular monthly dividend of 15 cents on no par common payable April 30. record April 10.
R. H. GIBSON S CO. Members NEW YORK, Chicago and Cincinnati Stock Exchanges N. Y. Curb Exchange (Assoc.) Chicago Board of Trade 320 Circle Tower Indianapolis Tel. Lincoln 2341 307 Dixie Terminal Bldg. Cincinnati 400 First & Tri-State Bldg. Fort Wayne 71 Broadway New York
\r Registered O. S. M-9 y Detent Office RIPLEY
Net Changes
By United Press NEW YORK. March 25.—Closing prices and net changes on principal stocks traded today on New York Stock Exchange follow: Up. oc American Can 128 % ... Amer & Foreign Power 46% ... ‘4 Amer Telephone 195% ... % Anaconda 38*a ... % Atchison 18974 ... 27* Auburn 239 ... 1 Bethlehem Steel 63% ... 1 Consolidated Gas 106% 7s ... Fox Film (A) 37% ... % General Electric 52% ... % General Motors 46-% ... % International Telephone... 37% ... % Loew’s. Inc 58% ... 1 Montgomery Ward 28% ... Vs McKeesport Tin Plate 101% 6 New York Central 1127* % ... Pennsylvania 59 % ... Radio 26% % Radio-Keith 24% *4 ... Standard Oil. N. J 45% % Transamerica 14% % ... Union Carbide 687* 17s .•. United Corporation 297* ... 7* U. S. Steel 146 Va ... 1% Vanadium 75% 274 ... Warner Brothers 14 % ... Westinghouse Electric .... 91% ... 2% Worthington Pump 94% 3*/* ...
Investment Trust Shares
(By R. H. Gibson & Cos.) PRICES ARE TO 12 NOON C, S. T. * —March 26Bid. Low. Amer Founder’s Corp Com ... 4% 474 Am & Gen Sec “A” 15 Am Inv Trust Shares 57s 6% Basic Industry Shares 6% 7% Corporate Trust Shares 6 6% Cumulative Tr Sh 7% 8% Diversified Trustee Shares A . 18% 197* First American Corp 8% 8% Fixed Trust Oil Shares 5% 5% Fixed Trust Shares A 16% ... Inv Trust NY.,. 774 874 Leaders of Industry, Series A B*4 .., Nation-Wide Securities 7% 7% National Industry Shares 6% 7 N Am Trust Shares 6 6% Sel Am Shares 574 6% Shawmut Bank Inv Trust .. 11% 12% Universal Trust Shares 6% 674 S W Strauss Inv Units 40 54 Super Corp of Am Tr Sh A. 7% 774 Fundamental Tr Sh A 7% 8 Fundamental Tr Sh B .... .. 7% 87s U S Elec Light & Pwr A 3274 3474
New York Bank Stocks
(By Thomson & McKinnon) —March 25 Bid. Ask. America 59 62 Bankers 118% 121*/* Brooklyn Trust 510 520 Central Hanover 274 279 Chase National 10074 103% Chatham Phoenix Natl... 83 86 Chemical 48 50 City National 1007* 103% Corn Exchange 125 129 Commercial 310 320 Continental 23% 26% Empire 57*% 60% First National 4.070 4,270 Guarantv 540 545 Irving 38% 40% Manhattan & Cos 90 93 Manufacturers 50 52 New- York Trust 187 192 Public 61 64 Chicago Stocks Opening (By James T. Hamill & Cos.) —March 26 Assoc Tel Util.. 2474 Mldld Uni pfd 24 Bendix Avia . . 237 c Natl Pwr & Lt 68 Borg Warner .. 29 Natl Standard.. 32% Cord Corpn ... 137! Noblitt Sparks. 46 Con Chi Cos Cos S% Swift & Cos .... 29 Cent Pub Ser.. 197 a Swift Internatl. 39*6 Chi Securities.. 19*/4 ! U S Radio &Te 337 a Elec Hsehoid .. 28 Util & Ind Cos 338% Insull Com .... 4474 Util & Ind nfd 18% Mai Hsehoid .. 5 Zenith Radio,.. 4 Midlnd Uni Cos 20%
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.MARCH 26, 1931
LEADING STOCKS MOVE UP AFTER EARLY DECLINES Action by Pools Forces Special Issues Higher; Steel Dips.
Average Stock Prices
Averap of thirty industrials :or Wednesday was 184.20. off 1 80. Avera a of twenty rails was 100.68. off 85. Average of twenty utilities was 72.04. off .33. Average of forty bonds was 96.33, of! .cu # BY ELMER C. WALZER, United Press Financial Editor NEW \ ORK. March 26.—Leading stocks met support in dull trading on,the stock exchange todav and held near previous closing 'levels, while special issues were moved ahead by pool manipulators. United States Steel dipped to 145*8, off l*s points and then rallied to 146, off % just before noon. Westinghouse Electric rose to 92, up % following the action of directors Wednesday in lowering the dividend from $5 to $4 annually. A few of the utilities, notably Consolidated Gas, were firm. The latter rose nearly 2 points to 108 %. General Asphalt rose a point to a new high for the year at 47, and Houston Oil gain 1% to 62, those issues being the bright spots in a steady oil list. Special Issues Strong Strength in Mullins Manufacturing issues, the common lising 5%, to 36%, and the preferred 5, to 63'.* was the feature of the special issues. Worthington Pump rose to 98%. up 4%; Johns Manville 78%, up 1% ; Case 117. up 2*2. and Gold Dust. 42%, up 174, equaling the 1931 high. Among the special issues to make new highs for the year were Pathe A at 6, up 1%, Alaska Juneau 10, up 74, and Hahn Department Stores at 9%, up 74. Aviation shares were in demand with United Aircraft at 38’%, up 1%. and North American Aviation at 1074, up Vs, and anew high for the year. Can Bid Higher American Can was bid up l % points to 129*% to lead the industrial division where movements generally were narrow and irregular. Mail order shares sagged slightly. National Cash Register held steady after its recent declines. Directors meet today for dividend action and the Street looked for a downward change in the payment. McKeesport Tinplate, which was one of Wednesday’s features, lost more than a point on profit-taking. Auburn Auto rallied 3 pointst o 242. General Motors was steady and other motor shares quiet. Rail3 were dull and steady.
Bank Clearings
INDIANAPOLIS STATEMENT —March 26 Clearings $2,439,000.00 Debits 5,068,000.00 CHICAGO STATEMENT —March 26 Clearings $58,500,000.00 Balances 3.600,000 00 TREASURY STATEMENT —March 26 Net Balance for March 24 ..$662,969,077.16 Expenditures 3,756.941.56 Customs rects. month to date 24,697.977.44 KONJOLA WINS FINE VICTORY Read What Medicine Did For This Man—Decide What You Will Do About Konjola. A medicine is known for the good it does, the relief it brings, and the friends it makes, and Konjola has brought relief and happiness in case after case where all else tried has failed. Konjola is known as “the medicine with a million friends ’’
. MR. EARL TOMLINSON —Photo by National Studio
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