Indianapolis Times, Volume 42, Number 279, Indianapolis, Marion County, 2 April 1931 — Page 14
PAGE 14
BUYING SENDS SWINE MARKET UP AT YARDS Cattle, Calves and Sheep Hold Unchanged in Steady Range. HOGS Mar. Bulk. Early Top. Receipts. 26 $7.60W 8.05 SB.IO 6.500 27. 7.60 ft! 8.10 8.10 4.000 28. 7.70# 8.20 8.20 1.500 70 7,75# 8.35 8.35 4.500 31. 7 60© 8.10 8.10 7.000 April 1. 7.50# 8.10 8.10 4.000 2. 7.60® 8 20 8 20 3,500 Swine showed a quieter trend this morning at the Union Stockyards, prices ranging mostly 10 cents higher than Wednesday. The bulk, 140 to 300 pounds, sold for $7.60 to $8.20, the latter figure holding as early top. Receipts were estimated at 3,500 head; holdovers were 509. Cattle were steady, receipts numbering 900. Vealers were unchanged, selling at $9.50 down Calf receipts were 600. Sheep observed a quiet pace, prices running even with Wednesday. A few spring lambs brought sl2 to sl4. Receipts were 800. Chicago hog receipts were 25,000, including 16,000 direct.- Holdovers, 5,000. Market very slow; few early bids around 10 cents to 15 cents higher than Wednesday’s average. Generally asking fully 25 cents higher. Choice of 160 to 200 pounds were bid SB.IO to $8.15. Early top held at $8.25. Heavy weights around 230 to 240 pounds sold at $7.90. Cattle receipts were 5,000. Calves, 2,000 and steady. Sheep receipts were 18.000 and steady. HOGS Receipts, 3.500; market, higher. —Light Lights— „ „„ <l4O-1601 Good and chioce...s 7.Ba@ 8.00 —Light Weights—-(l6o-180) Good and cohice ... 8.20 (180-200) Good and choice... B.lo@ 8.20 —Medium Weights—-(2oo-220) Good and choice .... 8.00(! 8.10 (220-250) Medium and good .. 7.80 Cw (.90 —Heavy Weights—-(2so-280) Medium and choice.. -.6oft 7.80 (290-350) Good and choice... 7.40©> 7.b0 —Packing Sows— _ „„ (275-500) Medium and good ... £.25# 7.00 (110-130) Slaughter pigs 7.00@ 7.75 CATTLE (Slaughter Class) Receipts, 900; market, steady. Good and choice $ 7.50ft!10.00 Common and medium 5.50© 7.50 (1.100-1.500) Good and choice Medium 6.00 ft) 7.75 —Heifers— (500-850) A Good and choice $ TS OW 9.00 Common and medium o.OOfa] 7.50 —Cows— Good and choice Common and medium 5-225*22 Low cutters and cutters 3.754.00 —Bulls ivearlings excluded) Good and choice beef 4-25® s'?? Common and medium 3.00 ft) 4.25 CALVES AND VEALERS Receipts. 600; steady. Good and choice $ H-jjJ} Medium 6.50® 9.00 Cull and common 4.50® 6.00 —Calves—-(2so-300) „ Good and medium 5-50® 7.50 Common and medium 3.00 ft; 5.50 STOCKERS AND FEEDER STEERS Good and choice ■$ 6 00ft! 8.00 Common and medium 4.25(a) 6.00 (800-1.500) Good and choice 6 00® §.OO Common and medium 4.50® 6.00 SHEEP AND LAMBS Receipts, 800; market, steady. Good and choice S B.oo# 8,75 Common and medium 6.50® 8.00 -—Ewes— Medium and choice 3.00© 4..>0 Cull and common 1.50® 3.00
Other Livestock By United Press CHICAGO. April 2.—Hogs Receipts, 25.000; including 16,000 direct; slow, mostly 15ft/25c higher; some heavies up less; top, $8.25; 140-210 lbs.. sß.loft 8.20; 220-320 lbs., $7.204/8.10: pigs s7.soft’B; packing sows. $6,504/8.75; light lights, 140-160 lbs., good and choice. SB4/8.25; light weight, 160-200 lbs. good and choice. $8.10(7(58.25; medium weights. 20-250 lbs., good and choice, $7.60 68-25; heavy weights. 250-350 lbs., good and choice, $74/7.70; packing sows, 275-500 lbs., medium to good, $6.40 </6.85; slaughter pigs, 100-130 lbs., good and choice, $7.65® 8.10. Cattle—Receipts, 5,000; calves. 2.000; shippers demand at a standstill making medium weight and weighty steers very dull with prospects lower; about' steady on common and medium grade killers at $8.50 downward; she stock steady to 25c higher; most steers of value to sell at $7,504/9; slaughter cattle and vealers; steers 600900 lbs., good and choice. $8,504/ 10.75; 9001.100 lbs., good and choice, $8.50®10.75; 1.100-1.300 lbs., good and choice. $8,754/ 10.75; 1.300-1,500 lbs., good and choice. $8.7547)10.75: 1.300-1,500 lbs., good and choice. $8.75® 10.75; 600-1.300 lbs., common and medium. $6.25®8.75; heifers, 550850 lbs\, good and choice. $74/9.25: common and medium. $5,504/7.50; cows good and choice. [email protected]; common and medium. $4,254(5.25; low cutter and cutter, $3,254/ 4 25: bulls (yearlings excluded), good and choice bfief. $4,504/5.75; cutler to medium. $4 4/4.90: vealers (milk fed), good and choice. [email protected]; medium. $64/7.25: cull and common, $4,504/ 6- stoclcer and feeder cattle: steers. 500-1.05 Q lbs., good and choice. $7.25478.75; common and medium. $5.50®7.50. Sheo—Receipts 18.000: fairly active to outsiders, mostly steady; packers bidding lower: choice wooled lambs. s9.so(f£ $9.75; clippers. $8,504/8.75; hothouse springers, $164/18; slaughter sheep and lambs: lambs 90 lbs., down, good and choice, $9 Vf9.75: medium, $8,504/9; 91-100 lbs., medium to choice $8 254/9.60; all weights common, $7 /8.50: ewes, 90-150 lbs., medium to choice, $3,754/ 5.25; all weights cull and common, $24/ 4.25. By United Press CLEVELAND, April 2.—Hogs—Receipts, 1.100; holdovers, 2.011; spots, 10c higher, but killers generalhv registering an upturn from Wednesday's close; choice mixed weights averaging 194 lbs.. $8,10; 260-lb. averages of comparable quality. $7.75; steady or $7.75 on desirable pigs. Cattle —Receipts, 300; very dull; weak to 25c lower again; common 730 lbs., steers. $7 60; cows and bulls scarce; calves, receipts. 400; vealers 50c to mostly $1 higher; medium kinds. $9®10.50; good to choice, upward to sll, top $11.50; only thin culls as low as $7. Sheep—Receipts, 700: clipped lambs, 25c or more higher; choice 90-lb. kinds, $9; springers. 75c<//$l under Tuesday; sizeable lots choice 50-lb. weights, $13.75.
By United Press EAST BUFFALO. April 2.—Hogs—On sale. 3.200; fairly active, mostly to packers; generally 10ft 15c higher: bulk desirable. 130-210 lbs., $8 50; plainer kinds. $8.30: 230-250 lbs., $8®8.25. Cattle—Receipts, fO; cows unchanged: cutter grades, $2.50®3.50: medium bulls, $5; -alves, receipts. 500; better grade vealers, 50c higher: others slow; good to choice. $lO ft 10.50; common and medium, $5,504/5.80. Sheep —Receipts. 200; lambs, about steady; choice shorn lambs, $9; few spring lambs, $12314. By United Press CINCINNATI. April 2.—Hogs—Receipts. 1,200; heldover, 480: moderately active, strong to mostly 15c higher: light lights and sows. 25c higher: better grade, 160230 lbs., $8,25 0 8.40; largelv $8.40 on around 215 lbs, down: heavier weights scarce: 250300 lbs. quotable. $7.50/8: 130-150 lbs mostly $8: sows. $6.25. to mostly $6.50. Cattle—Receipts, 150; calves. 200: nominally steady; common and medium steers and heifers ouotable. $6.50 7 7.75: few beef cows. $4.50(.x5.50: low cutters and cutter cows mostly 83.75(3.4; bulls. $5.25 down: vealers. 50c higher; good and choice. s9ft 9.05: lower grades largely $8 down. Sheep —Receipts. 225; slow, steady; better grade handy weight wooled lambs. s9ft 9.50; common and medium. $6.50/; 8. fat ewes S3ft4; best spring lambs quotable. $13.50. By United Press EAST 8T LOUIS, 111.. April 2.—Hogs— Receipts. 8.500: market. Jully 25ft 35c higher; top. $8 10; 140-230 lbs.. $?.90ft8.10; 240-290 lbs.. $7,404/ 7.80: 100-130 lbs. $7 50 98: sows. $6.50 / 6.65. Cattle—Receipts 1.500: calves, receipts. 1.000: market, steer run light: no early action: vealers 25c higher at $9.75; other classes slow, mostly steady; top mixed yearlings. $8.23. Sheep —Receipts. 1.500: market, opened stead' to city butchers: packers talking lowerchoice clipped lambs. $8.50; some spring lambs. sl2n 13. By United Press LOUISVILLE. Ky.. April 3.—Hogs—Receipts. 500; market 25c higher: 250 Tbs. up $7 65; 175-350 lbs.. $8; 130-17& lbs.. $7.30: 130 lbs. down. $6.65; roughs. [email protected] stags. $4.40. Cattle—Receipts. 100: market steady; prime heavv steers. $831.50heavy shipping steers. $6.50®7.50: medium apd plain steers. $5.50®6.50; fat heifers $6.50(3 8.50; common to medium heifers $5.50(5:6.50: good to choice cows. $4.50® 5.50: medium to good cows. $3 ?5ft4.50: cutters. $3 254x3.75: canners. $2. 50m 8: bulls. $3.50ft'5.25: feeders. $6.50/57.50: medium to good feeders. ss®6: stockers. $54/7. Caives —Receipts. 500: market steoriv; good to choice. S7#B: others, *6 down. Sheep— Receipts. 50: market s endv: owe and wether lambs. $8 50: buck lambs $7.50: second*. $5.50: clipped sheep *3 .'4 Wednesday’s shipments: Cattle, caives. 109; hogs none; sheep, none.
New York Stocks <Bv Thomson & McKinnon)
—April 2 Railroads— Prev. High. Low. 11:20 close. Atchison 182'* 182'i 182% 182% At! Coast Line 97 Balt & Ohio 73 72% IChesa <fc 0hi0... 40% 40% 40% 40% Chesa Corn 40 Chi Grt West 6 I Chi N West 34% CRIAP 56% 57 Del L & W 74% Del & Hudson. 134 135% Erie 26*4 ' Erie Ist pfd 38 % •Great Northern 61% 62 Gulf Mob & Oil 20 I Illinois Central.. 67; 67% 67% 68 : 1/OU <fc Nash ... 90 M K & T 18% 18 18% 18 Mo Pacific 29% Mo Pacific pfd.. .. 87 N Y Central 107% 107% 107% 10b 3 , Nickel Plate. 69 NYNH &H . 79% 79 79 79% Nor Pacific... ... 49 Norfolk & West 1?7% ... Pennsylvania ... 56% 55% 56% 55 Reading , ‘3% Seaboard Air L 3 < % So Pacific 93% Southern Rv 43 41% St Paul , 8 a% St Paul pfd 9 3 , 9% 9% 9', St L & S F 37 36% 36% 36% Union Pacific.. .•■ ... 182 W Maryland ... 14% 14% 14% la West Pacific 11% Equipments— Am Car Ac Fdy.. .. ... ... 31 Vi Am Locomotive. . 26 Am Steel Fd 24% Am Air Brake 8 34% Gen Am Tank.. .. .. 67% 67% General Elec .. 47% 46% 47% 46% Gen Rv Signal .. 70 69 69 69 Lima Loco ... 27% 27% N Y Air Brake 20% Press Stl Car ... 4% 4% Pullman 48 45% 45% 48 Wcstingh Ar B. .. 33 32% 32% 32% Westingh Elec .. 85% 85 85V, 85% Rubbers— Fisk % % Goodrich 16% 16% 16% 16% Goodvear ... 43% 42 Kelly Sprgfld 2% Lee Rubber ... ... 4% U S Rubber 16% Motors— Auburn 233 228% 230 227% Chrysler 21V, 20% 20% 20% Gardner ... 1 1 Graham Paige... .. 4% Gene al Motors.. 43Vi 43 48 42% Hudson 20% 20% 20% 20 Hupp 10 9% Mack 35% 35'/, 35% 35 • Marmon 7% 7% Nash 35% 35% 35 Vi 35 Packard 9% 9 9% 9% Reo B'/, 7% 8 V, 7% Studebaker 23% 23% 23% 23% Yellow Truck .. 12% 12% 12% 12% Motors Access— Bencllx Aviation. 21 20% 20% 20% Borg Warner ... 25% 25% 25% 25% Briggs 19% 19% 19% 19 Vi Budd Wheel 10 10 Campbell Wy 13% Eaton 18 18% El Storage B 62% 63% Hayes Body 7 Houda 7 Motor Wheel 17% 17% Sparks W 10% Stewart Warner 16% Timkln Roll 53 52% 52% 52% Mining— Am Metals ... ... 19% Am Smelt ... 455; 451/, Am Zinc 5% 6' Anaconda Cop.. 32% 32% 32% 32% Cal & Hecla gs. Cal Ac Ariz 38% 38' Cerro de Pasco.. .. ... ... 23% Dome Mines.... 12% 12 12 12 Freeport Texas.. 38 37 37% 36% Gansby Corp 16% Great Nor Ore.. .. ... 22 22 Howe Sound ... . 23% Int Nickel 17% 17% 17% 17% Inspiration 9 9 Kennecott Cop.. 24% 24% 24% 24% Miami Copper ... . 8 New Cons 11 10% 10% 11 Texas Gul Sul.. 56 49% 50 49% U S Smelt 20% Oils— Amerada ... , 1954 Atl Refining.... 18 17% 17% 17% Bamsdall 10% 10% 10% 10% Houston 11% 11% 11% 11V, Indian Refining 16% 16% 16% 3% Ohio 12% 12% Mex Sbd 16% Mid Conti 11 10% 10% 10% Pan-Amer (B) 32 Phillips 9% 9 9% 9 Vi Pr Oil Ac Gas 13% 13% Pure Oil 8% 8% Richfield 3 2% Royal Dutch 36% 36% 36% 36% Shell Un 7 7 Simms Pt 7 Sinclair 11% 11% Skelly 8 7% 7% 8% Standard of Cal 43 42% 43 42% Standard of NJ 42 41% 41% 41% Standard of NY2I Vi 21 21 21% Texas Cos 28 "i 28 28% 28 Union Oil 20% 20% 20% 20% Steels— Am Roll Mills 29% 29% Bethlehem 57% 57% 57% 57% Byers A M 49% 43% 48% 48% Colo Fuel 21% 22% Cruc Steel 49% Inland 66 Ludlum 15 14% 14% 14% Midland....... ... 24% ... Newton 18 Vi Rcpub I Ac 5... 18 17% 17% 17% tl S Steel 139% 139% 139% 139% Vanadium 64V, 62% 63% 62-1i Youngs), SAc W 22% 22% Tobaccos— A Tob A (new) 113% A Tob B (new) 117 115% General Cigar 40 Lig Ac Mvr (B) 84% Lorillard 17% 16% 17% 16% Reynolds Tob.. 49% 49% 49% 49% Std Com Tob 3Vi Tob Pr A 12 Vi Tob Pr B ... 27i United Cig ... 5% ITMitie*— Abillii 9% 9 Adams Exp 19% 19% 19% 19% Am For Pwr .... 41% 40% 40% 40% Am Pwr & Li... 52Vi 52% 52Vi 51 A T Ac T 189 186% 187 188 Col Gas Ac El ... 39% 39% 39’/, 39% Com Ac Sou 9% 9% 9% 9% El Pwr Ac LI 52% 51% 51% 52 Gen Gas A ... 7 7 Inti TANARUS& T 34% 33% 33% 34% Natl Pwr Ac Li. 38 37% 37% 38% No Am Cos 78% 76% 76% 77% Pac Gas Ac El 51 50% Pub Ser N J 88% 88 88 87 So Cal Edison .. 50% 50% 50% 50% Std G Ac El 76% 76% 76% 75% Ut Pwr Ac L A .. 26% 26% 26% 26% West Union 130 128% 130 128% United Corp .... 26V4 2518 26 25% Shipping— Am Inti Corp ... .i. ... 18% 18Vi Am Ship Ac Com. .. ... 1 Inti Mer M pfd ... 12 United Fruit ... 58% 58% 58% 58% Foods— Armour A ... 2% 2% Beechnut Pkg ... .. 59 Cal Pkg 40 39% 39% 41 Can Dry 25 >4 35 V, Childs Cos 26% 26 Coca Cola ... ... 157V4 Foods— Cont Baking A.. 17% 17 17% 17% Corn Prod 79% 79% Crm Wheat 32 Cudahy Pkg 46 3 i
Produce Markets
Eggs (country run)—Loss off delivered in Indianapolis. 16c: henerv duality No. 1. 17c; No. 2 17c. Poutrv < buying prices)—Hens weighing 5 lbs. or over 19c; under 5 lbs., 16c: Leghorn hens. 14c: capons. 7V2 lbs. up 28c; 6‘2-7‘.4 lbs.. 24c; under 6'/ lbs.. 20c: springers. 5 Iba. or over. 17c: or under 5 lbs. 17c; ducks, springers, lie; old cocks. 9@llc: ducks, full feather fat white 9c; geese. 8c These prices are for No 1 top Quality Quoted bv Kingan & Cos. Butter /wholesale)—No. 1 334J34c: No 2. 314/32c. Butterfat —31c. Cheese (wholesale selling price oer pounds)—American loaf. 32c; pimento /oaf 28c; Wisconsin firsts. 19c: Longhorns. 19c; New York Limberger. 32c. By United Press CHICAGO. April 2. Eggs Market, steady; receipts. 28,847 cases; extra firsts, SO'-ac; firsts, 19 ! ac; ordinaries, lS't/c; seconds. 17c. Butter—Market, firmer: receipts. 8,113 tubs, extras. 27x: extra firsts, 26 1 26 3 4c; firsts. 25 l ift26c; seconds, 24 1 -(// 25c: standards. 27';c. PoultryMarket, steady; receipts, 1 car; fowls, 23® 24c; springers. 26c; Leghorns, 20c: ducks, 23c; geese. 15c: turkeys. 25c; roosters, 15c: broilers. 38ft40c. Cheese—Twins, 144/ H'xc; Young Americas. 15 3 ic. Potatoes— On track, a54; arrivals. 147; shipments. 702: market, dull; Wisconsin sacked Round White. $1.504/1.65: Minnesota Round White, [email protected]; Idaho Russets, $1.70® 1.80. By United Press NEW YORK. April 2.—Potatoes—Market. steady to firm; Long Island. $1.75®4 barrel; southern. $3,75 7-9.75 barrel: Maine $2,904/3.75 barrel; Idaho. 35cft52.50 sack' Bermuda. $7,504/ 10 barrel; Canada, sl4t 4.10 barrel. Sweet potatoes—Market, firmJersey baskets. $1473,50: southern baskets. $1.75<7 4. Flour—Market, dull and unchanged: spring patents. $4.40®4.70. Pork —Market, ouiet; mess. 526.50 barrel. Lard —Market, steady: middlewest spot. $9.30 7 9.40. Tallow—Market, weak: special to extra. 4 1 7 4 3 sc. Dressed poultry—Market. steady to firm: turkevs. 254( 43c chickens. 25®38c: broilers. 304/50c: capons 30 47 46c: fowls. 144/26c: Long Island ducks. 23'/24c. Live poultry—Market, ouiet and steady; geese. llTsc; ducks. 157726 c; fowls. 22,726 c: turkevs, 304i:40c; roosters 127 13c; chickens. 15®17c: capons, 20'750c; broilers. 124713 c. Cheese —Market, steady; state whole milk, fancy to special, 15 l -„>4r 22> : c; young Americas, 16S'20c. By United Press CINCINNATI. 0.. April 2.—ButterSteady; creamery in tub lots according to score. 23ft30c: common score discounted 27/3c: packing stock No. 1. 24c: No. 2. 20c; No. 3. 12*ic; butterfat. 28730 c. Eggs—Unsteady; cases included, extra firsts. 13’.sc: seconds, 18c; nearby ungraded. 19c duck eggs, 29c; goose eggs, si. Live poultry—Thin and coarse stock sell only at heavy discount: fowls. 5 lbs. and over. 21c; 4 lbs. and over, 22c; 3 lbs. and over. 22c: Leghorns, 3 lbs. and over, 19c: roosters, 14c; capons. 8 lbs. and over, 32c; under 8 lbs., 28c; slips, 21c; stags, 17c; broilers, new crop full feathered, l'i lbs. and over, 37c; over l l ti lbs., 40c; partly feathered, 254730 c; Leghorn broilers, full feathered. H* lbs. and over. 37c: over l‘a lbs., 37c By United Press CLEVELAND. April 2.—Butter—Extras. 27| 4 c. standards. 27'-c. Eggs—Extras. 20*dc; firsts, 19'_c. Poultry—Heavy fowls. 23r; medium, 24*: Leghorn fowls, 21c; heavv broilers, 407.45 c; Leghorn broilers. 35c; ducks. 25c: old cocks. 13c: gee e. 15ft 16c: capons. No. 1. 234/"$?. Potatoes— Maine Mountain. $2.70 / 2.75 per 120-lb. sack; Idaho Russet. $2,354x2.35: bakers, $2.40®2.50 per 100-ib. sack.
Oen Foods 53 52V, 53 52% Grand Union .. 16% 16 16% 16% Hershey 99 98 Jewel Tea 52 Kroger 30 29% 30 29% Nat Biscuit 79% 79% 79% 79% Plllsbury 32% Safeway St 58% Std Brands 18% 18% 18% 18% Ward Bkg ... 5% 6 Drugs— Coty Inc ... 12 11% Lambert Cos 82 81% 81% 81% Lehn Ac Fink 32 32 Industrials— Am Radiator ... 18% 18% 18% 18 Certainteed ... 5 Gcr. Asphalt ... 31% 30% 30% 31 Vi Lehigh Port 15 _ Otis Elev 49% 49 49% 43% Indus Chems— Allied Chem ...141% 140 140 140% Com Solv 17% 17V, Union Carb 63% 62% 62% 63 U S Ind Alco .. 40 38 38 39% Retail Stores— Gimbcl Bros . . .. 6 Kresge S S 26% 26% May D Store ... 35 Mont Ward .... 23% 23% 23% 23 Penny J C 35 34 Vi Schulte Ret St. .. 11 10% 10% 10 Sear* Roe 56% 56% 56% 55% Wooiworth 63% 62% 63 62% Amusements— Col Graph .... 11% 11% 11% 11 Eastman Kod 165 163 165 162 Fox Film (A) 33 32% 32% 33% Grigsby Grunow 5 5 Loews Inc 53% 53% 53% 54 Param Fam 43 42% 42% 43 Radio Corp 22% 22 22% 22% R K t O 21% 21 ■/* 21% 21% Schubert .. . 7% Warner Bros .... 11 10% io% 11% MiscellaneousCity Ice Ac Fu 36% 36% Congoleum 11% 10% 10% 11 Amer Can 123% 122% 123% 122% Cont Can 58 57% 57% 57% Curtiss Wr 3% 3% Gillette S R 29Va 29% 29% 30' Real Silk ... 20 7 i 21 ! -, Un Aircraft 33% 32% 32% 32% Int Harv 51 50 50 49%
Bright Spots of Business
Cadillac and La Salle shipments in March 28 points above last year. Hupp Motors March shipments 2,361 cars, against 1,908 in February. Hudson and Essex ’cars sales up 38 points in March. Standard Brands, Ltd., first quarter sales new high record. International Business Machines Corporation two months’ profits up 5 points. Pennsylvania railroad loadings week ended March 28, 118,807 cars, against 117,673 previous week. American Tobacco Company sales and profits up in first quarter. United Light and Power Company 1930 net, $10,462,450, against $9,971,641 in 1929. United Gas Improvement Company net income for 1930 was $36,178,286, an increase of 16 per cent over 1929. Proctor & Gamble Company will acquire Portsmouth Cotton Oil Refining Company of Portsmouth, Va. Purchase price not disclosed. New York Curb Market (By Thompson & McKinnon) —April 2 Am Com Pwr.. 15% National Inv .. 5% Am Gas & El.. 75% Nia Hud Pwr... 12% Ark Gas 5% Noranda 25% Brazil Pw Ac Lt 22V'b Pantepec 1% Cities Serv .... 18% Penroad 6% Cord 12% Prince Ac Whtly 1% Durant Mot ... 2% Salt Creek 6% Elec Bond Sh.. 51% Sel Indus 4% Fox Theater .. 9 Shenandoah ... 7% Ford of Eng... 15% Std of Ind 30% Goldman Sachs 9% Stutz 26% Gulf Oil 61% Trans Air Trans 6 Humble Oil ... 54% Un Lt & Pwr.. 27% Ind Terr A .... 60 iUn Verde 12% Int Pete 15%!Ut Power 11% Midwest Ut ... 21% Vacuum Oil 53% Mo Kan Pipe.. 7% Wallgreen 22 National Av .. 7%! New York Bank Stocks (By Thomson Ac McKinnon) —April 1— Bid, Ask. America 55 58 Bankers 112% 115% Brooklvn Trust 490 500 Central Hanover 267 272 Chase National 96% 99’% Chatham Phoenix Natl .... 81 84 Chemical 45 Vi 47 Vi City National 93Vi 96Vi Corn Exchange 115 119 Commercial 295 305 Continental 22 Vi 25 Vi Empire 56% 59% First National 3,980 4,180 Guaranty 517 522 Irving 35% 37% Manhattan & Company .... 87 90 Manufacturers 47% 49% New York Trust 170 175 Public 58 V, 61 Vi In the Air Weather conditions 9 a. m.: West wind, 8 miles an hour; temperature, 41; barometric pressure, 29.78 at sea level; ceiling, unlimited, visibility, 3 miles; field good. Fast Plane Received Anew Lockhead Vega, $20,000 airplane recently ordered by Prest-O-Lite Storage Battery Company, arrived at municipal airport Wednesday afternoon after a speedy flight from Oklahoma City. The plane was brought here by Dick Knox, pilot, and J. H. McDuffee, Prest-O-Lite vice-president, making a non-stop flight from Oklahoma City at an average speed of 160 miles an hour.
The plane, one of the fastest cabin ships built, has a cruising speed of 160 miles an hour and 190 miles an hour top speed. It replaces the Ryan brougham used for two years by the company as a flying office for visiting dealers in every state in the union. Arrivals and Departures Municipal Airport—Dick Knox, Prest-O-Lite. Lockheed Vega, from Oklahoma City. Mars Hill Airport (CurtissWright)—Phil Dunlap. Danville, 111., to Rochester, N. Y., Waco; Edward New. to Franklin and return, Cur-tiss-Wright Junior. Births Boys John and Blanche Waltz, 2023 West Vermont. William and Sara Waltz, 1722 West Market. William and Gladys Phillips. 2050 North Meridian. Girls Henry and Nancy Heitsman, 1965 Thalman. James ar.d Ethel Frazier. 812 Bates. Deaths Anna Fischer, 67, 935 North Keystone, carcinoma Mary Jane Bannon, 76. 1130 Gimber, chronic mvocarditis. Minnie Grubbs. 25. city hospital, acute 'endocarditis. William Ryan, 36, city hospital, lobar pneumonia Flora Marie Fox. 23, 946 Parker, pulmonary tuberculosis. Loranza Grenshaw, 1, 1223 Maderia, broncho pneumonia. Jesse Jarrett, 2, city hospital, acute myocarditis Otto A. Jantis. 42, 23 North Colorado, acute mvocarditis. Millard F. Marsh, 74, 530 North Drexel, arteriosclerosis. Tear Gas Disperses Mine Pickets By United Press SCRANTON, Pa. April 2. Police used tear gas bombs and called out fire companies from Scranton today to disperse a mob of 500 pickets attempting to force the closing of three collieries of the Glen Alden Coal Company here.
THE INDIANAPOLIS TIMES
FUTURES SHOW LITTLE CHANSE IN DULL TRADE Evening Uo for Holiday Is Principal Feature of Grain Mart. BY HAROLD E. RAIXYILLE CHICAGO, April 2.—Evening up for the holiday was the principal feature as the Board of Trade opened today, and grains were unevenly around steady. May wheat was a fraction higher on fair buying. New crop months were steady to lower on scattered selling that found little support. Liverpool was dull and featureless, but about steady in preparation for the holiday. Corn was mostly steady, but December showed weakness. Oats were under some pressure, but declines were very small. At the opening wheat was unchanged to Vi cent lower, with May cent higher, corn was % cent lower to Vs cent higher and oats were unchanged to % cent lower. Provisions were steady. Chicago Grain Table April 2 WHEAT (old) Prev. „ High. Low. 11:00. close. May 83% .82% .83 .82% July 59% .59% .59% .59% Sept 58% .58% .58% .58% Dec 31% .61% .61 % .62 CORN (old) May 60*1 .60% .60% .60*2 July 62% .62 .62% .62% Sept 60% .60% .60% .60% Dec 53% .53 .53'% .53% OATS (old) May 30% .29*2 .30% .30% July 30% .30% .30% .30% Sept 30% .30% .30% .30% Dec 32% .32% .32% .32V S RYE (old) May 36 .35% .36 .35% July 38 .37% Sept 39Vi LARD— May 3.92 July 9.02 9.02 Sept .... 9.17 9.17 By Times Special CHICAGO. April 2.—Carlots: Wheat, 12; corn. 109: oats. 12; rye, 0, and barley, 2.
The City in Brief
FRIDAY EVENTS American Chemical Society, convention, Claypoo! and Lincoln. Exchange Club, luncheon, Lincoln, Optimist Club, luncheon. Clavpool. First Ward Republican Club. 8 p. *m„ Clark's hall. Altrusa Club, luncheon, Columbia Club. Phi Delta Theta, luncheon. Chamber of Commerce. Indianapolis Round Table, luncheon, Lincoln. Unit rd States Naval Academy graduates, luncheon. Columbia Club. Delta Tau Delta, luncheon, Columbia Club. Master Painters’ Association, luncheon. Antlers. Delta Chi. luncheon, Spink-Arms. Reserve Officers’ Association, luncheon, Board of Trade. Dr. T. V. B. Keene will talk on “Ship Stamps,” and Marion F. Clarke on “Ship Cancellations,” at 8 Friday night at the meeting of the Indiana Stamp Club at the Lockerbie. Patrolman Edward O'Hara, 37, of 3466 Carrollton avenue, suffered a heart attack at Geisendorff and Washington streets this morning. He was taken to his home by a police emergency squad. A. G. Pelikan of Milwaukee, director of the Milwaukee art institute and supervisor of art in the schools, will speak Friday at 6 p. m. at a dinner of exhiaitors in the realtors’ home show at the Manufacturers’ building at the state fairground. He will speak on “New Ideals In Display Advertising.” “De Pauw and Her Opportunity” will be the subject of William P Evans, attorney, before De Pauw alumni at their annual reunion dinner Wednesday, April 15, 6:30 p. m„ in Broadway M. E. church. Sir John Stainer’s “Crucifixion” will be presented by the vested choir of thirty voices of Meridian Heights Presbyterian church at a candle-light communion service in the church tonight. Dudley Strain Jackson, 229 East Twenty-eighth street, has accepted commission as second lieutenant, infantry reserve, in the reserve corps. Religion and liberal arts classes at Butler will hear the Rev. I . S. Prokhanoff, president of the AllRussian Christian Union, in discussion of Russian conditions, especially the religious reformation, Tuesday and Wednesday. Brooklyn Brick Company plant in Brooklyn, Ind., reopened today, after shutdown of several months. No new men were hired. Local offices of the firm are at 4020 East Washington street. “Personal Conduct on the Street and in Public Places” will be an address by John W. Atherton, financial secretary of Butler university, at 8 tonight in the Y. M. C A. auditorium. Talking pictures from the Indiana Bell Telephone Company's collection will be shown at the luncheon meeting of the Indianapolis Exchange Club Friday at the Lncoln.
Men’s and Women’s CLOTHING ON EASY CREDIT ASKIN & MARINE CO. 127 yt. Washington St. - - - -
★ Safety fo* Savings Fletcher American / NATIONAL BANK 4HSoutieast Cor. of Market ar.d iWrfrul H% ON SAVINGS 8 Crystals Fitted SI I While You Wait W | Round 19c—Fancy 49c l|
BELIEVE IT or NOT
A CHINESE BOY- Peiping cries Tears fsom The - OUTER corners of hs lyes i F(RSTS*EI> THERE ISAM ACTIVE OIL WELL . MtP located in the midple of a principal street in Los Angela miifu—i( ii .. ... © 1931. Kins Features Syndicate. Inc.. Great Britain rights referred^
Dow-Jones Summary
Bank of England made no change in its discount rate of 3 per cent. March shipments of Studebaker cars were 7,011. the largest month sirice September. 1929. against 6,312 in March. 1930. and 4.259 in February. 1931. Unfilled orders April 1 exceed those of apy month during the past year. Bank of Germany statement as of March 31 shows gold 2,324.400,000 marks against 2,286,100,000 on March 23, and circulation 4,455,700,000 against 3,765,700.000. Neisner Brothers March $1,143,848 against $1,024,264 in March, 1330, increase 11.6 per cent. Three months $3,122,008 against $2,709,419. increase 15.2 per cent. New York cables opened in London at 4.35 31-32 against 4.857/ 8 : Paris checks. 124.20; Amsterdam. 12.12; Italy, 92. (85; Berlin. 20.405. March automobile output except Ford was 187,848 cars and trucks against 148,818 in February or an increase of 26 per cent and 246,828 in March. 1330, or decrease of 24 per cent, according to National Automobile Chamber of Commerce. hirst quarter output was 465,384 against 645.889 in first auarter of 1330. White Motor Motor Company, including undistributed profits of subsidiaries 1930 net loss. $83,774, after charges, against profit $2,875,363. or $3.59 a share in 1929. American Machine and Foundry and subsidiaries in 1930 earned $2.82 a common share against $2.42 in 1929. Declared regular auarterly dividend of 35 cents on common, payable May 1, record April 17. United Gas Improvement in 1930 earned 51.54 a share on 23,2:>4,424 common shares against 51.55 a share on 20,528,369 shares in 1929. Bank of England statement as of April 2 shows circulation 357,056,000 pounds against 348.807.000 on March 26. Ratio 43.6 per cent against 55.2 per cent and bullion 145,387,000 pounds against 144.518.000. Pittsburgh United Corporation, formerly Oil Well Supply Company, declared regular Quarterly dividend of $1.75 on 7 per cent convertible preferred, payable May 1, record April 11. International Cigar Machinery, subsidiary of American Machine and Foundry in 1930 earned $3.33 a share against $3.21 in 1929. Declared regular quarterly dividend of 62Vi cents on common, payable May 1. record April 17. New York investors omits semi-annual dividend of 60 cents due on common at this time. Regular semi-annual dividend of S3 declared on second preferred. New York City borrows $40,000,000 on 1% per cent short term notes. Procter & Gamble completes negotiations for purchase of Portsmouth Cotton Oil and Refining Company. Southern Oil Company of California places production department, including field and pipe line operations, on fiveday week basis, following manufacturing department, which has been operating on five-day plan for several weeks. Mullins Manufacturing Corporation declared regular quarterly dividend of $1.75 on preferred, payable May 1. record April 15. LONDON—Bar silver, 12 7 s d. off l-16d; forward 1215-16d, off l-16d; gold bars. S4s 10'.;d. unchanged.
Week-End l3 Excursion JM_ effect from Friday Noon *l l j Monday Nighiy^^ Low cost week-end excursion f tickets now are pood on all £ trains leaving Friday noon or fig i Round Trip later. You needn’t wait until Ks [ ri 1 1 Saturday to travel at this eco- f n * J-”C nomical rate. Start your trip |J I plus regular earlier .. . return home as late ||l I one- way as midnight on Monday. The re- WI (art turn journey costs you only 10c. ffli\ .c — y OF INDIANA (Formerly Intertnte Public Service Company) INDIANA RAILROAD
On request, sent with stamped addressed envelope, Mr. Ripley wilJ furnish proof of anything depicted by him.
Following is the explanation of Ripley’s “Believe It or Not” which appeared in Wednesday’s Times: Gilman Low Lifted 1,006,000 Pounds in 34 Minutes 35 Seconds —Gilman Low, formerly an artist, author, and health director of New York City, was, in his prime, one of the most perfect specimens of manhood in the world. During his career he established thirty-five world’s records for endurance lifting. His notable “million pound lift” was accomplished by lifting 1,000 pounds 1,006 times in 34 minutes and 35 seconds. A complete account of it is contained in Physical Culture Magazine, September 1903. Friday—“ Worked Fifty-three Years Without Missing a Day.” Investment Trust Shares (Ev R. H. Gibson & Cos.) PRICES ARE TO 12 NOON C. S. T. . Bid. Ask. Amer Founder’s Coro com... 4% 4% Am & Gen Sec A 15 Am Inv Trust Shares 5% 6 Basic Industry Shares 6% 6% Corporate Trust Shares 5% 6% Cumulative Tr Sh 7% 7% Diversified Trustee Shares A. .. 17% 18% First American Corn 8 8% Fixed Trust Oil Shares 4% 5% Fixed Trust Shares A 15% ... Inv Trust N Y 7% 8% Leaders of Industry Series A.. 7% ... Nation Wide Securities 6% 7% National Industry Shares 6% 6% N Am Trust Shares 5% 6% Sel Am Shares 5% 5% Shamut Bank Inv Trust.... 11% 12% Universal Trust Shares 5% 6% S W Strauss Inv Units 40 54 Super Corp of Am Trust Sh A 7 7% Fundamental Tr Sh A 7% 7% Fundamental Tr Sh B 7% 8 U S Elec Li & Pivr A 31% 33%
Local Wagon Wheat City gram elevators are paying 69c for No. 1 red wheat and 68c for No. 1 hard wneat. Other Livestock By United Press FT. WAYNE. Ind., April 2.—Hogs—loc higher; 100-140 lbs. $150: 140-150 lbs., $7.75: 150-180 lbs.. $8; 180-200 lbs., $8.15; 200-220 lbs.. $8: 220-240 lbs., $7.90; 240-260 lbs.. 57.75: 260-280 lbs.. $7.50; 280-300 lbs., $7.50; 300-350 lbs., $7.50; roughs, $6.25; stags, $4.50; calves, $9; lambs. $8.50. By United Press TOLEDO. Aprjl 2.—Hogs—Receipts, 250; market, 10 to 2sc higher; heavies, $6.75®} 7.25: mediums. $7.50 >/'7.75; yorkers. $7.50 ®7.75; pigs. $7.50ft,7.75. Cattle—Receipts, light; marke*. steady. Calves—Receipts, light.; market steady. Sheep—Receipts, light; market, steady. By United Press PITTSBURGH. April 2.—Hogs—Receipts. 500; holdovers. 450; market slow to steady; 100-140 lbs.. 88®8.40; 150-210 lbs., sß.3sft 8 50; 220-260 lbs.. $8®8.30; packing sows, 56.50®6.70./ Cattle—Receipts. 100; market about steady: medium grade steers. s7.soft 8; heifers. $6,504/7; beef cows. [email protected]; sausage bulls. 54.50ft.5.25. Calves—Receipts. 200; market. SOcftSl lower; choice vealers. largelv. $10: downward. Sheep—Receipts. 250: market, steady; desirable shorn lambs, G8.25®9.
I-c Registered D. S. 1J y Patent Office RIPLEY
Net Changes
By United Press NEW YORK, April 1, Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: , Up. Off. American Can 122% ... 1 American & Foreign Power 40% ... % American Smelting 45% . . l American Telephone 188 .. % Auburn 227’% % .. Bethlehem Steel 57% % Case 97% ... 7% Consolidated Gas 99% ... 1% Electric Power 52 % General Electric 46% .. i% General Motors 42% % . International Telephone ... 34% ... % Loews Inc 54 . 2 McKeesport Tin Plate 101% 4% . Montgomery Ward 22 ... % New York Central 106 .!! 2% Packard unchanged 9% Pennsylvania Railroad .... 55% % Rad'o 22 Va % Radio-Keith 21% ... '% Standard Oil New Jersey .. 4J% .!! % United Corporation 25% . . 1 United States Steel 139% ... % Vanadium 63% ... 2% Warner Bros Pictures 11% . % Westinghouse Electric 85% .. 1% Worthington Pump 84% ... % CRIPPLED WOMAN, 76, TO SERVE DRY TERM Shelby Jury Refuses Mercy; Sentenced One to Five Years. By United Press SHELBYVILLE, Ind., April 2.—A 76-year-old woman, crippled by ankle infection, was preparing today to leave her home here and go to Indianapolis to serve a one-to-five-year term in the Indiana woman’s prison for manufacturing intoxicating liquor. The woman, Mfs. Sarah Wood, was convicted in Shelby circuit court here yesterday on the charge. Jurors who convicted her refused to recommend mercy, as it was said she had been convicted of the charge in 1929. Dale Hendricks and Mrs. Caldonia Price, co-defendants in the case, were acquitted. Building Permits Mark r et°'s2oo nkinS ' repair clevator - Bast Van Camp Packing Company, repair elevator. 2014 South East. S2OO $250 arry Jones ’ Edition, 1220 East Tabor. YoYrTfoo 3 * 111 "' repalr ’ m 7 - 49 West New L. V. and Belle E. Smith, dwelling and garage, 1305-07 Colorado. $3,200. sixth ln s227 iSely reroof - 1331 East T’hirtyPuritv Bakeries, freight elevator. 957 West New York. $2,500. W. W. Christy, repairs, 904 West Walnut. S2OO.
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.APRIL, 2, 1931
STOCK SHARES HOLD FIRM ON SMALL UPTURN U. S. Industrial Alcohol Rise Is Feature of Early Deals.
Average Stock Prices
Average of thirty industrials for Wednesday was 170.82 off 1.54. Average of twenty rails was 95.34. off 1.54. Average of twenty utilities was 66.46 off 1.08. Average of forty bonds was 96.04. up .09. BY ELMER C. WALZER I’nited Tress Financial Editor NEW YORK, April 2.—ln a typical pre-holiday market prices held steady at small advances from the previous close and trading was dull on the Stock Exchange today. An outstanding feature was a quick snap United States Industrial Alcohol. The issue equaled its low of the year at 38 in the early trading, but when directors reduced the dividend from $6 to $2 annually, the stock spurted to 41% whkere it was up 2 % points net. Buying came on the belief that the bad news had been discounted. Few Weak Spots There were several other strong spots and a few weak ones. On the advancing side was McKeesport Tin Plate which made a record high at 103%, up 1%. Warner Brothers Pictures was the weak spot, breaking to anew low for the year at 10%, off l’s points. United States Steel held around* the previous close, but other lear ing industrials made gains rangi to 2 points. American Can was cai ried up more than a point. American Machine and Foundry rose on its 1930 earnings report which set anew record in the company’s history. \ Oils Hold Steady Freeport Texas was carried up more than a point on pool support Fair demand also was noted V. Montgomery Ward, the airpla issues and General Electric. Utilities held steady to firm wi ; the exception of the communicati shares which gave ground fraction ally. Consolidated Gas rose more than a point to 100 3 i. Oils were about steady with Standard of New Jersey rising % point to 41 "s. General Asphalt dipped more than a point on belief appeal to the recent adverse royalty decision could not be taken until autumn. Copper shares were firm under the lead of American Smelting.
Bank Clearings INDIANAPOLIS STATEMENT —April 2 Clearings $2 968,000.00 Debits 6.855.000.00 CHICAGO STATEMENT —April 2 Clearings $86,500,000 Balances 5,400,000 TREASURY STATEMENT —April 2 Net balance for March 31 ...$542,428,597.48 Expenditures 4.682.736.34 Customs rects. month to date 31.807.089.05 The Bible contains two chapters, which are nearly alike, word lor word. They are the nineteenth chapter of II Kings and the thirtyseventh chapter of Isaiah. “I KNOW IT TO BE WONDERFUL” Says Indianapolis Lady of Konjola—Stubborn Ailments Soon Relieved. The misery of indigestion, weak kidneys, sluggish liver and the stabbing pains of neuritis again yield to Konjola, the medicine whose fame rests upon the enthusiastic testimony of thousands.
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