Indianapolis Times, Volume 42, Number 285, Indianapolis, Marion County, 9 April 1931 — Page 16
PAGE 16
STRONG BUYING SENDS FUTURE PRICES HIGHER firm Liverpool Market Is Aid in Early Grain Advance. BY HAROLD E. RAINVILI.E United Pre* Staff Correspondent CHICAGO, April 9. Spring leather brought a more cheerful feeling on the Board of Trade today and grains were * generally higher. Wheat scored a modest advance on the decidedly firmer Liverpool market and strength in stocks. There was a smattering of selling orders, but a fair demand gobbled them up with alacrity. Liverpool rose on a better demand. Corn buoyed up the firmness in wheat, but May suffered some selling, which held that month about steady. Oats held in line and gained with the major grains. At the opening wheat was ■'% to \ cent higher with May % cent lower. Provisions were fairly active and steady. Chicago Grain Table April 9 WHEAT— Prev. Hlßh. Low 11:00. close. May (Old).. . 83% 83 July .62 .61% .61% .61% Sept 60% .60 .60 s * .59 7 u Dec 63 1 2 .63'. ,63'. .62 7 a CORN - May (old).. .60% .59% .60% .60% July 62', .62 1 h .62 3 . .62% Sept 60 : 2 .60%* .GO 3 1 .60’. Dec 53', .53 ,53’i .52% OATS May (old).. .29% .29% .29% .29% •July 30% Sept ■ 31331,0 1 , 30% .30% Dec 32% 32% 32% .32% RYE May (Old).. .36% 36% .36% .36 1 /* July 38 1 j .38% Sept 40 3 . 40 LARD— May 8.80 8 80 July 8.92 8.92 Sept 9.02 9 05 By Times Special CHICAGO. April 9.—Carlots. Wheat, 30; corn. 68; oats. 10; rye, 0. and barley. 3.
Local Wagon Wheat
City grain elevators are paying 70c for No. 1 red wheat and 69c for No. 1 hard wheat.
New York Bank Stocks
(By Thomson & McKinnon) —April 8— Bid. Ask. America 55 58 Bankers 108% Ill's Brooklyn Trust 485 495 Central Hanover 267 272 Chase National .. 95% 98% Chatham Phoenix Natl... 76 79 Chemical 45 47 City National 94% 97% Corn Exchange 117 121 Commercial 295 305 Continental 22 25 Empire 57% 60Vi First National 3.960 4.160 Guaranty 512 517 Irving 35% 37% Manhattan & Cos 85% 88% Manufacturers 48 50New York Trust .... 171 176 Public 58 % 61%
Investment Trust Shares
ißv R. H. Gibson & Cos PRICES ARE TO 13 NOON C. S. T. —April 9 Bid. Ask. Amer Founder's Corp com... 4% 4% Am & Gen'Sec A 15 ... Am Inv Trust. Shores 5% 5% Basic Industry Shares fi’/s 6% Corpornte Trust Shares. 5% 6% Diversified Trustee Shares A... 17*2 18% First American Corp H 8% Fixed Trust Oil Shares 4% 5% Fixed Trust. Shares A 15 % Inv Trust N Y 7% 8% Cumulative Tr Sh 7% 7's leaders of Industry Series A 7% ... Nation Wide Securities 6% 7% National Industry Shares 6’* 6% N Am Trust Shares 5 3 4 6% Sel Am Shares s® 5% Bhamwut Bank Inv Trust .. 11 % 12% Universal Trust Shares 5% 6% 8 IV Strauss Tnv Units 23 Sup Corn of Am Tr Sh A ... 7 7% Fundamental Tr Sh A 7% <.a Fundamental Tr Sh B 7% 8 tJ 8 Elec Light & Pwr A 31 33 Births Roys Frank ana Leila D'unbar, 622 Bernard. Mlnthorne and Beatrice Robinson, 914 East Fifteenth. Girls Archie and Alice Hankins. 4519 gangster. Connie and Bonnie Taylor. 2438 Gale. Joel and Maxine Baker, Methodist, hosLouts and Edith Barth, Methodist hosWilliam and Pauline King. Methodist hospital. ... . Rohert and Margaret Brooks. 1029 West Walnut. „ ~ Francis and Dorotha. Carey. 5308 North Wlnthrop. Deaths Alice P Kelly. 48. 713 North West, diabetes mellitus. James M. Welsh, 62, organic heart disease. Milton Cohn, 63. 3527 College, chronic nephritis. Janies Barkley. 59. city hospital. aortic Insufficiency. Robert M. Hayes, 34, Methodist hospital, peritonitis. , . Charles L Rariden. 48, Methodist hospital. bronch pneumonia. Carel Sherman, 71, 621 East Prat;, acute cardiac dilatation. Jennie E Finch. 74. Methodist hospital, streptococcic Infection Anthony Klatber. 51. Methodist hospital, obstruction of bowels. Bessie Berkholz, 7, city hospital, accidental. NEW LAW IS INVALID, BUREAU HEAD HOLDS Because it amends the wrong net, a bill enacted by the 1931 legislature is invalid in the opinion of Charles Kettleborough. director of the legislative reference bureau. It is the bill to amend an act of 1921, to permit municipally-owned waterworks to issue bonds for extensions and betterments. The 1921 bill was amended in 1927, and the 1931 act should have amended the * 1927 act, Kettleborough maintains. The 1931 amendment was introduced by Senator John C. Sherwood i Rep., Lawrence. Martin and Orange >. FOOD STORE TO OPEN Atlantic and Pacific Company Lease Thirty-Eighth and College Site. The Great Atlantic and Pacific Tea Company will open a food department store Friday morning at the Ma-Co Market building. Thirtyeighth street and College avenue. The store will be known as the A. and P.-Ma-Co market. The store will have twenty complete food departments and will be open Friday and Saturday nights. Lease on the structure was obtained from Leo M. Gardner, receiver for the Ma-Co Realty Company, Inc., which erected the building last May. The A. and P. store will be similar to one operated in Philadelphia by the company. Building Permits Charles Whitaker, porch. 3347 North CapitoL 3300. Charles Fernel. addition. 4145 Park. S3OO. Marie HofTmak, reroof, 1925 North Adam*. *2OO Indianapolis War Memorial, underground storage room* North Meridian. $24,471 Vaught Auto Company. tanks and pump*. 319 East Oliver, $250 City of Indianapolis building for police radio station Willard park, SIO,OOO wCentury Biscuit Company, alterations, 63 Ibt New York, $5,000.
New York Stocks ——(Bv Thomson Ac McKinnon)
—AprU 9 Railroad*— Prev. High. Do*- H3O close. Atchison ...181 117% 178 J®2' 3 Ati Coast Line .. . ••• •• • Bait A Ohio .... 72% (2 <2% 72 (mesa * Ohio . . 40% 40% 40% 40% Chesa Corp ....„ .. • ••• 43 Chi Or; West ... 6% 6% 6% 6 Chi N West , ••• 36 CRI 4 P 54% 52 52 54% Del LAt W 75% 75% -5% 75 Erie ist pfd 36% 36 36 OTeat Northern 61 60 Illinois Central 69% 69 69 69% Lou At Nash - . • • •• ?2% M K <fc T 18 a 18 18 17% Mo Pacific pfd... 84% 84 84 84% N Y Central 109 108 108% 108% NY NH At H •• 79% Nor Pacific . . 47 47 Norfolk At Weat. - • lf6> Pennsylvania 56*4 56 1 * ando 1 ® oo^ Seaboard Air L. % % % % So Pac.fic 94% 94 94 94% Southern Ry ... 42% 40% 40- a 42 St Paul . 5’ a 5% 5% 5% St Paul pfd ,?% St LAc S F 6 31 % 31% Union Pacific ..178% 176% 176% 179 W Maryland ••• ••• 13% Equipments— Am Car & Fdy 30% Am Locomotive 24 -4% Am Steel Fd . ... 23'. 23% Am Air Brake S 33% Gen Am Tank .... 66% General Elec . 46% 45% 46' a 46% Gen Ry Signal.. .. 69% 69% Lima Loco ... 25% Press Stl Car ... 4% 4% 4 , 4 a Pullman ....... 42% 42 42% 42% V.'estingh Ar B 84 82% 83', 31 a Westlngh Elec ... 83', Rubbers— F’i.k & Goodrich 16% 16% 16-, 16', Goodyear 44% 44% 44% 45 Kelly Sprgfld . . 2% I<ee Ruober . 4% U S Rubber 17% 17% Motors— Auburn 277 268 275 280 Chrysler 22 % 21% 21% 22% Gardner 1 % % 1 Graham Paige 4% General Motors. . 43% 43% 43% 43 Hudson ... . . 19% Hupp 9% 9% 9% 9% Mack .. 35% 35% Marmon ... ... 7 % Nash 35% 34% 34% 35 Packard 9% 9 9 9 Reo . 8 Studebaker . ... 23% Yellow Truck ... 12% 12% 12% 12% Motor Access Bemiix Aviation .. 20% Borg Wurner ... . 24% 24% Briggs 20 % 20 20% 20 Budd Wheal 10% 10% 10% 10% Eaton ... 18% 18% El Storage 3 63 Hayes Body ... 5% 5% Honda .. 7% Motor Wheel . . ... 16% Sparks \V 10% 10% 10% 10 Stewart Warner. .. .. 17 17 Timkin Roll ... 60’* 51 Mining— Am Metals . . . 18 Am Smelt 47 46 46 46% Am Zinc .. ... 5% Anaconda Cop .. 33% 32% 32% 32% Cal At Hecla f ... 8% Cal At Ariz . . . 39 Cerro tie Pasco.. 23% 23V, 23% 23 Dome Mines ... 12 11 % Freeport Texas.. 35% 34% 34% 36 Granby Corp ... 16% 16% Great Nor Ore.. ... 23% 23‘a Howe Sound .... . 22% 22 Int Nickel 17% 17% 17% 17% Inspiration . 8' i Kennecott Cop. 24% 23% 23% 23% Magma Cop .... 19% Nev Cons . ... 10% 10% 10% 10% Texas Gul Sul. 46% 45% 45% 46% U S Smelt . 20 Vi Oils— Amerada 19 18% Atl Refining ... 19 19 Barnsdall 11 10% 11 10% Houston 12% 12% 12% Indian Refining .. 3% Ohio Oil 12% 12% 12% 12% Mex Sbd 19’, 18% 19% 17% Mid Conti 11% 10% 11% 10% Pan-Amer B ... .. ... 32 Phillips 10% 10% 10% 10% Pr Oil At Gas. .. . 13% 13% Pure Oil ... 8% 8% 8% 8% Richfield 2% 2% Roval Dutch 36% 36% Shell Un 7% 7% 7% 7% Simms Pt ... ... 6% Sinclair 11% 11% 11% 11% Skelly 8% Standard of Cal 44 43% 43% 43% Standard of N J 43% 43% 43% 44 Standard of N Y 21 % 21% 21% 21% Texas Cos 28V, 27% 28% 28% Union Oil 21% 21% Steels— Ain Roll Mills 31% 30% 30% 31% Bethlehem 54 52% 53', 54% B.vers AM ... 50% 48% 48% 48', Colo Fuel ... 21 ‘a Cruc Steel ... 49 % Inland ... .. 63 Ludlum . 15% 15% Midland .. 24% 24 % 24', 24% Newton 19 Repub I At S .. 18% 18 U S Steel 137% 136% 137% 137% Vanadium 57 56% 56% 56V, Youngst SAt W 21% 21 Tobaccos'— Ant Sumatra 8 A Tob A inewi 119% 119V* 119% 119% A Tob B (new) 123 122 122 122 General Cigar.. . . . 42% ... Lit? A; Myr (B) .. . . 85 83% Lorillard 19V* 18% 19% 18% Phil Morris 51 Vi Reynolds T0b.... 51% 51% 51% ... Std Com Tob 3% Tob Pr A ...... 13% 13% 13% 13% Tob Pr B 3Va 3% 3% 3% United Cig 6% Utilities— Abltlbi 8% 7 7 Adams Exp ... 20V, 19% Am For Pwr ... 404a 39% 4040 Am Pwr & LI ... ... 51 AT&T... . .189% 188 1 2 189% 189% Col Gas & El.. 39 38% 38% 39% Coin & Sou .. . 52 51V, 52 51 % Gen Gas A ... ... 6% IntlT&T... 33% 33% 33% 33% Natl Pwr & Li.. 37% 37% No Amer Cos 77% 76% 76% 76% Pub Serv N J.. 86 85'/* 85% 85% So Cal Edison 49 49 Std G & E 1... . 73% 73% 73% 73% United Corn ... 25'/, 24% 24% 24% Ut Pwr ALA. 26% 25% 25% 26 West Union 131 Shipping— Am Inti Corp . ... 18% 18% Am Ship & Coin 1 Inti Mer M pfd 12% United Fruit 61 Foods— Am Sug .. S3 I .', Armour A 2% 2% Cal Pkg .. ... 37% 39 Can Dry 35% 35% Childs Cos 26 26 Foods— Cont Baking (A) 18% Corn Prod ... 77% 77% Cudahy Pkg ... 45% Cuban Am Sug.. .. .. ... 4% Gen Foods 54% 54V a 54% 54 1 a Grand Union.... 16% 16% 16% 16% Hershey ... ... 98 Jewel Tea 49 Kroger 31% 31% 31% 31 Nat Biscuit .... 78", 77% 78% 79 Pillsbury 31% .. Safeway St 60', 59% 60% 59 Std Brands 18% 18 18% 18 Ward Bkg ... 5% Drugs— Cotv Inc 12 11% 11% 11%
Produce Markets
Eggs icountrv run)—Loss off delivered in Indianapolis. 16c: hencrv Quality No. 1. 17c: No. 2 17c. Poutrv (buying prices)—Hens welshing 5 lbs. or over 19c; under 5 lbs., 16c: Loghnr hens. 13c: capons. 7% lbs. up, 25c; 6% fi 7% lbs., 20c; under 6% lbs.. 20c; springers. 5 tbs. or over. 17c; or under 5 lbs.. 17c: ducks, springers, 11c: eld cocks. 9@llc; ducks, full feather fat white 9c: geese. Bc. These prices are for No 1 top Quality Quoted bv Kingan & Cos. Butter (wholesale)—Mi. 1. 32®33c: No. 2. 30® 31c. Butterfat—3oc. Chtese 'Wholesale selling price per pounds)—American loaf. 32c: pimento .oaf 28c; Wisconsin firsts. 19c; Longhorns. 19c: New York Limberger 32c. CHICAGO. April 9.—Eggs -- Market steady; receipts. 26.943 case; extra firsts, 20%c: firsts. 18%®19c; ordinaries,, 18c: seconds. 16%c. Butter—Market, easier; receipts. 6.692 tubs; extras, 26c: extra firsts. 25%®25%c: firsts. 25® 25*c: seconds. 24% 24%c; standards, 26c. Poultry -Market, steady; receipts. 3 cars; fowls, 19 23c; springers, 26c: Leghorns, 18c; ducks, 23c; geese, 15c: turkevs. 25c; roosters. 14%c; broilers, 38 •( 40c. CheeseTwins. 14®14%c: voung Americas. 15%c. Potatoes—On track. 308: arrivals. 135: shipments, 829; market slightly weaker; Wisconsin sacked round whites, $1.50® 1.60: Minnesota round whiles, $1.40(u 1.50: Idaho russets. 51.75%1.80; Texas bliss triumphs. 50-lb. bag. $2.20. By United Press CLEVELAND. April 9. Butter—Extras. 26c; standards, 26%c. Eggs Extras. 19%c; firsts. 18%c. Poultry—Heavy fowls, 23c; medium, 24c: Leghorn fowls. 21c: heavy broilers. 40® 45c; Leghorn broilers. 35c; ducks, Csc: old cocks. 13c; geese. 15or 16c: capons. No. 1. 28® 33c. Potatoes—Maine Green Mountains. $2.70® 2,75 per 120-lb. sack; Idaho russets, $2.25 n 2.35; Eakers. $2.40® 2.50 per 100-lb. sack By United Press CINCINNATI, April 9—Butter—Steady: creamerv in tub lots, according to score, 26® 28c; common score discounted 2® 3c: packing stock. No. 1. 24c: No. 2. 18%c; No. 3, 12%c; butterfat. 26® 28c. Eggs— Steady; cases included: Extra firsts. 19c; seconds. 17c; nearbv ungraded. 18%c; duck eggs. 19c: goose eggs. 40c. Live poultry—Thin and coarse stock sell only at heavy discount: fowls. 5 lbs. and over. 21c; 4 lbs. and over. 22 %c: 3 lbs. and over. 22 %c; Leghorns. 3 lbs. and over, 20c; roosters, 13c: slips. 21c; stags. 17c; broilers, new crop, full feathered. 1% lbs. and over. 35c; over 1% lbs., 40c; partly feathered. 25® 30c; Leghorn broilers, full feathered. 1% lbs. and over. 35c; over. 1% lbs.. 35c. By United Press NEW YORK, April 9.—Potatoes; market, quiet; Long Island. $1.7504 barrel. Southern. $2.50® 8.50 barrel; Maine. $3.10® 4 barrel; Idaho. 45c i $2.60 sack; Bermuda. s7® 12 barrel; Canada. $2.10®4.35 barrel. Sweet Potatoes—Market, steady: Jersey baskets sl4, 3 50: Southern baskets. $1.75® 4. Flour—Market steady and unchanged; spring patents $4.35® 4 70. Pork—Market, ouiet. Mess—s26.so. Lard—Market, easier Tallow—Market, quiet; special to extra. $4 ®4‘,c per lb. NEW YORK COFFEE RANGE —AprU 8— High. Low Close. January . 5.02 4.99 5.02 March 5,00 ... 5.00 May 4.70 4.60 4.70 Julv 4.52 4.75 4.82 September 4.89 4 83 4.89 December 4.99 4.91 4.99
Lambert Cos 80% Lehn & Fink.... 32 31% 32 30% Industrials— Am Radiator 17% 17% Certaint-eed S Gen Asphalt 28 27% 27% 27% Lehigh Port ... ... 14 Otis Eiev ... 50 Indus (hems— Allied Chem 137% 135 135 135 Com Solv 17 16'% 16% 16% Union Carb 63% €3 63% 63 U S Ind A1c0... 41% *O% 40% 41% Retail Stores— Assoc Dry Gds 26 25% Gimbel Bros 5% Kresge S S .. 26% 26% May D Store ... 34% 34% 34% 34% Mont Ward .... 23 22 23 22% Penny J C 36 35% Schulte Ret St 10% 10% Sears Roe . . 53% 53 3 , Woolworth .... 61% 60% 61V, 60% Amusement*:— Col Graph 11% 11% 11% 11% Eastman Kod 160% 159 Fox Film A .... 27% 25% 26% 26% Grigsby Gru . . 5 4% Loews Inc 54 3 , 53% 53% 53% Param Fam 46% 44% 44% 43% Radio Corp 21% 19% 20% 21 R-K-O 21% 20% 21% 21% Schubert ... 5% 5% Warner Bros ... 10% 10% Miscellaneous— City Ice & Fu 35 35 Cohgoleum .... 11% 11% 11% 11% Am Can 122% 121% 122% 122% Cont Can 58% 58% 58% 58% Curtiss Wr . . ... 4% 4 3/ , Gillette SR... 32% 31% 32% 31% Real Silk 18% 15% Un Aircraft 33% 31% 32% ... Int Harv 51% 50Va CHILD DIES OF CRASH INJURIES Death Boosts Year’s Toll to Forty-Five. Injuries sustained in an auto-bus crash March 29 today resulted in the death of Rosetta Stewart, 7, daughter of Mr. and Mrs. Harry Stewart of 1210 West Twenty-ninth street, at city hospital. The girl's death boosted the death toll from traffic accidents in Marion county to 45 since Bn? Jan. 1. /■ The child was injured when the car 8 K.S in which she and her parents and four other persons were riding, collided with a bus at Thirtieth street and afayette pike. The seven were hurt and a brother, Leßoy, 4, still is in critical conidtion and the parents also are in the hospital recovering from serious injuries. The bus. a “special'’ en route to Lebanon, demolished the car in which the Stewart family was riding. Henry Simon, 23. of 1218 Jefferson avenue, driver of the bus, was charged with reckless driving following the accident.
Dow-Jones Summary
Bank of England made no change in Its discount rate of 3 per cent. Bank of Germany statement as of April 7. shows gold 2.343.600,000 marks against 2,324.400,000 on March 31. and circulation 4,377.800.000 against 4455.700.000. Lehigh Portland Cement Company twelve months ended March 31, 1931. net income 53,110,301 after depreciation, federal taxes, etc., equal after 7 per cent preferred dividends to $1.56- a share, par SSO. on 450,318 shares common. In preceding year company reported for twelve months ended Feb. 38, and showed net income $3,441,043, or $3.13 a common share. Fiscal year has been changed to end Dec. 31 instead of Nov. 30. Bank of France statement- as of April 3 shows gold 56.096.000.000 francs against 06.116,000.000 on March 27. Circulation (9,4G4,0_00,000 against 77,868.000,000 and ratio 55.33 per cent against 54.90 per cent. Chicago Great Western in 1930 earned $2.84 a share on 4 per cent preferred against $2.62 a preferred share in 1929. Fox Film refinancing plan provides offering of $30,000 000 6 per cent convertible debentures to be offered to stockholders and transfer of holdings of 660900 shares of Loews common to new holding company of Fox to receive $23,800,000 cash and 462,000 shares class A stock of holding company for Loew’s holdings. • Sally Frocks, Inc., march sales $383,286 against $333,711 in March, 1930. Three months $1,066,810 against i1.062,480. , Y°rk cables opened in London at 7J* 5 15-16 against 4.85 19-32; Paris checks. 124 23; Amsterdam. 12.12: Italy. 92.825; Berlin. 20.40. „ Chesapeake & Ohio Railway, including Hocking Railway, in 1930 earned $4.44 a common share against $4.75 in 1929. Kreuger & Toll Company 1930 constituting net equal to about 56 8-10 per cent on 57,064.664 combined participating debentures and capital stock against 73 per cent on $40,200,000 debentures and capital stock in 1939. Company March sales declined 12 2-10 from year ago to $2,064,183. Three months $6,036,689, off 12 1-10 per cent. . of . England statement as of April 9 shows circulation 358,884,000 Pounds against 357,056,000 pounds on April 2. Ratio, 46.5 per cent against 43 6 per cent and bullion. 147.023.000 pounds against 145,387,000. Dominion Stores. Ltd., four weeks to March 38 sales $1,907,973 against $1,938,201 like period 1930. Three months $6,344,397 against $6,058,597. Exchange Buffet Corporation March sales declined 13 9-10 per cent from year ago %o $308.3,8. Eleven months $5,467,328 off ! 10 per cent. Independent tobacco retailers throughout the country will fellow the United gj ores Company and the Schulte Retail Stores Corporation when these chain systems raise cigaret prices April 13 from 13 cents two packages for 25 cents to 15 cents two packs for 27 cents, according to the United States Tobacco Journal.
Gone, but Not Forgotten
Automobiles reported to police as stolen belong to: G. & G. Auto Parts Company. 958 Massachusetts avenue. Ford coupe, M-566, from Senate, avenue and South street. Melvina Smith. 1325 Ashland avenue. Ford roadster. 55-646, from Vermont and Pennsylvania streets.
BACK HOME AGAIN
Stolen automobiles recovered by police belong to: Roy Garrett, 1028 West Michigan street. Chevrolet coupe, found at Windfield avenue and West Sixteenth street. Morris Dee. 5421 Washington boulevard. Lincoln sedan. 75-484. found at Madison and Terrace avenues. Model T Ford coupe, no license plates, automobile turned over, found in front of 641 South Missouri street. Dodge roadster, no certificate of title, r.o license plates, found at 514 East Ohio street. Dr. C. R Bush. Apartment 8. The Richelieu. Chrysler coach, found in front of 530 East North street. JOIN BUILDING LEAGUE Fifteen Associations Enroll in New Order, President Announces. Fifteen of the fifty-six Marion county building and loan associations have become charter members of the Marion County League of Building and, Loan Associations, now being formed. Fermor S. Cannon, president of the Railroad Men’s Building and Savings Association, is league president. Will Rogers Aids Managua MANAGUA, Nicaragua, April 9. The arrival of Will Rogers. American humorist, gave Managua its first happy interlude today since the earthquake. Rogers handed a check for $5,000 to E. J. Swift, the Red Cross relief director, as his donation to the Nkarasgan relief fund.
THE INDIANAPOLIS TIMES
SWINE MARKET HOLDS FIRM IN LIGHT TRADING Cattle and Calves Steady to Lower; Sheep Are Unchanged. HOGS , Early Bulk. Top. Receipts. April 2. $7.60® 8.20 $8.20 3,500 3. 7.850 8.45 8.45 4.000 4. 7.00% 8 20 8.20 3.000 6. 7.75 'ft 8.25 8 35 4.C00 7. 7.60% 8.15 8.20 6.000 8. 7.50% 8 10 8.10 4.000 9. 7.50® 8 10 8 10 5.000 Swine prices held steady this morning at the city stockyards, figures holding even with Wednesday's average. The bulk, 140 to 300 pounds, sold for $7.50 to SB.IO, the latter price being early top. Receipts were estimated at 5,000; holdovers were 111. Slaughter classes were steady, with slight action in the cattle market. Receipts numbered 800. Vealers sold off 50 cents at $8.50 down. Calf receipts were 800. Little change was noted in sheep, top on lambs around $9.50.. Best shorn lambs were $9.75. Receipts were 400. Chicago hog receipts were 16,000, including 4,000 direct. Holdovers, 8,000. Market opening slow, fewearly sales and bids around steady with Wednesday’s average. Good to choice hogs weighing 160 to 210 pounds, sold at $7.85; best lightweights held around SB, while choice of 285-pounders sold at $7.30. Cattle receipts were 4.000. Calves, 3.000, and strong. SheeD receipts, 18,000, and steady. HOGS Receipts, 5,600; market, steady. —Light Lights—-(l4o-160) Good and choice....S 7.75® 7.85 —Light Weights—-(l6o-180) Good and choice ... 8.10 (180-200) Good and choice. ... B.oo@ 8.10 —Medium Weights—-(2oo-220) Good and choice.. 7.90@ 8.00 (220-250) Medium and g00d... 7.70® 7.70 —Heavy Weights—-(22o-250 Medium and good ... 7.50% 7.70 (220-250) Medium and good .... 7.25®7.50 —Packing Sows—-i27s-500) Medium and g00d... 6.006?) 6.75 (110-120) Slaughter pigs 7.50® 7.75 CATTLE (Slaughter Class) Receipts, 800; market, steady. Good and choice S 7.50010.00 Common and medium 5.50® 7.50 (1.100-1.500) Good and choice 7.75® 10.00 j Medium 6.000 7.75 j —H-ifcrs—-(soo-850) Good and choice S 7.50® 9.00 Common and medium 5.000 7.50 —Cows— Good and choice 5.25® 6.50 Common and medium 4.00% 5.25 Low cutters and cutters 2.75® 4.00 • —Bulls (yearlings excluded) Good and choice beef. 4.25® 5.25 Common and medium 3.00® 4.25 CALVES AND VEALERS Receipts, 700; market, lower. Good and choice S B.oo® 8.50 Medium 6.00® 8.00 Cull and common 4.00® 6.00 —Calves—-(2so-300) Good and medium 5.50® 7.50 Common and medium 3.00® 5.50 STOCKERS AND FEEDER STEERS Good and choice S 6.25® 8.00 Common and medium 4.50® 6.25 (800-1.500) Good and choice 6.25® 8.03 Common and meduim 1.75® 6.25 SHEEP AND LAMBS Receipts. 400; market, steady. Good and choice 8.50® 9.50 Common and medium ...... 7.00® 8.50 —Ewes— i Medium and choice 3.00® 4.50 Cull and common 1.50® 3.00 Other Livestock By United Press CINCINNATI, 0., April 8— Hogs—Receipts, 1,300, held over 160; mooerately active, 10®20c higher than Wedensday's low time on better grade 160-220 lb. averages at $8.35 largely; header v strong to 15c higher; some 225-245 lb. averages. $8%8.25; 265 oo arounu [email protected]; one lot 325 lbs., $7.25; light lights steady; 130-150 lbs., $7.75; sows, steady; bulk $3.25. Cattle—Receipts, 250; calves, 400; slow, steers and heifers, steady to weak: common and medium, $6.50%7.75; good kind scarce; sows weak to 25c lower; most beef cows, $4.50®5.50; bulk low cutters and cutters, $2.75(3 4; practical top bulls. $5; vealers mostly steady, spots strong to 50c higher on best kind; bulk good and choice sß® 8.50; some upward to $9; lower grades largely ss®7. SheepReceipts, 75; spring lambs mostlv 50c higher at $14.50 down; others s'teadv; better grade wooled lambs, s9® 9.50; clipped, i>8.50®9; fat ewes, s3®4. By Times Special LOUISVILLE, April 9.—Hogs—Receipts, 400; market, 10c higher; 250 lbs. up, $7 55; 175-250 lbo., $7.90; 130-175 lbs., $7.20; 130 lbs. down, $6.55; roughs, $5.05%6.05: stags, $4.30. Cattle—Receipts 100; market, slow 7 and steady; prime heavy steers, [email protected]; heavy shipping steers. $6.50®7.50; medium and plain steers, $5.50%6.50; fat heifers, $6.50%7.5p; medium and plain steers. $5.50 %6.50; fat heifers. $6.50®8.25, common to medium heifers, $541,6.50; good to choice cows. $4.25® 5.50; medium to good cows, 53.50 m 4.25; cutters. :;,3.25®3.50; canners, $2.50® 3; bulls, $3.50® 5; feeders, $6.50% 7; medium to good feeders $5% 6; stockers, .?sii7. Calves—Receipts. 300; market, steady; good to choice, $6.50®7.50; others $5.50 down. Sheep—Receipts, 200; market, steady; spring lambs, slo® 12; fal lambs. 57.50®8.50; seconds. $5.50; clipped sheep S3® 4. Wednesday’s shipments; none; calves, 270; hogs, none; sheep, none. I! !f United Press <. n ? I X T ?^ URGH> A P ril 9 Hogs—Receipts, | 600; holdovers. 7ao; market, mostlv steady to „l 0c higher: pigs weak; 140-220 lbs., 58.204i8.a0: 230-270 lbs., $7.75<<; 8.15; 100130 lbs.. $3%8.25; better grade packing sows. $6.50 u 6.75. Cattle -Receipts. 10; market, nominally steady. Calves —Receipts, 200: market slow, indications weak to lower; choice vealers held up to $9.50. Sheep—Receipts. 500; asking about steady for shorn lambs; better grade held above $9.00. Toledo. April 9.—Hogs—Receipts. 450; market steady to 5c lower; heavies. $6.75® 7.25; mediums. s7.s<#@7.7§j yorkers $7.50 ® 7.75; pigs, $7,500:7.15. Cattle—Receipts. 50: market, steady. Calves—Receipts, light; market, steady. Sheep—Receipts, light; market, steady. EAST BUFFALO. N. Y., April 9.—Hogs— Receipts 2,100; market not fully established. few bids and sales 10® 15c under Wednesday's average, desirable 120-210 lbs., $8.25® 8.50: 225-240 lbs., $7.90'18.15, bulk unsold. Cattle—Receipts, 150. steady to weak, medium steers. $7.75® 3.50 common to medium heifers. $7; cutter grades, $2.25 ©8.75. Calves—Receipts, 600; vealers draggv. generally 50c lower, good to choice, $9.50% 10: common and medium. ss@B. Sheep—Receipts. 600; lambs active, steady; good shorn lambs, $9.50; common woolskins. $8.50; few' 60 lbs., spring lambs. $14.00. By United Press LAFAYETTE, Ind., April 9.—Hogs—Market. steady: 160-180 lbs.. $8.10; 180-200 lbs.. $7.95: 200-220 lbs . $7.85: 220-240 lbs., $7.70; 240-260 lbs.. $7,60: 260-280 lbs.. $7.50; 280-300 lbs.. $7.49: 300-325 lbs.. $7.25: 140160 lbs., $7.60: 120-140 lbs.. $7.35; 100-120 lbs., $7.10; roughs, $6.25 down. Calves— Market. 50c lower; top calves, $7.50; iambs, 58%9; spring lambs, $lO. By United Press FT WAYNE, Ind. April 9.—Hogs— Steady: 100-140 lbs.. $7.40: 140-150 lbs $7.65': 130-150 lbs.. $7.90- 160-200 lbs.. $8: 200-220 lbs., 57.90: 220-240 lbs., $7.80; 240260 lbs.. $7.70: 260-280 lbs., $7.60; 280SOD lbs.. $7.50: 300-350 lbs.. 57.50: roughs. $6.25; stags. $4.50; calves. S10: lambs, $9.50. Hammer Attacker Is Held Police today held Neal Allen, 30, of 602 East Market street, on charges of assault and battery after he is said to have admitted attacking Church Crane, 63. same address, with a hammer, during an argument Wednesday. Crane's wounds were slight. Barrat O’Hara to Aid Brothers # By United Press CHICAGO. April 9. Barret O'Hara, former Lieutenant-Governor of Illinois, today joined the legal staff defending Leo Brothers, St. Louis gunman, in appeal from his recent conviction of the murder of Alfred (Jake* Lingle, Chicago Tribune reporter. RAW SUGAR PRICES —April 8— High. Low. Close. January 1.(0 158 1.58 March 1.67 1.64 1.64 May 1.84 1.32 1.32 July 1.42 1.41 1.41 SacMabar 1%0 L4S L 4
BELIEVE IT or NOT
im TtfE World <— was A SIMPLE WREATH OF LAUREL LEAVES . Tfms'Ys iWa straight line \ fi Jy A -STRAIGHT UNE HAS LENGTH BUT NO V/ISTH 1 'ff 1 T : -IF IT HAP WIDTH it WOULD BECOME AN AREA ' -Sr 4 i 1 ft ouanitoßeed / f | Alluwe,oKl6,Hißh \ j &!Ml| fix' The pope scored 92points |/I 7 OF ROM E I - IH A SINGLE jj 1 7 ; 1* Altuwe vs. Chelsea. J ' A MAN By The NAME Of Pops ran a 6Tore in Rome, Miss. q -
The City in Brief
FRIDAY EVENTS Optimist Club, luncheon. Clavpool. Indiana Federation of Art Cubs, convention, John Herron Art Institute. Exchange Club, luncheon, Lincoln. First Ward Republican Club, 8 p. m., Clark's hall. Altrusa Cluh. luncheon, Columbia Club. Phi Delta Theta, luncheon. Chamber of Ctommcrce. Indianapolis Round Table, luncheon, Lincoln. Delta Tau Delta, luncheon. Columbia Club. Master Painters’ Association, luncheon, Antlers. Delta Chi. luncheon, Spink-Arms. Reserve Officers Association, luncheon, Board of Trade. Blair Taylor. Wallace O. Lee and Frank B. Fowler, all cf Indianapolis, constitute the committee of three appointed by Lee Burns, chairman of the executive committee of the Indiana Historical Society to plan the annual summer tour of that organizaiton. Construction of ten new skylights in the Federal building has begun with Smyth & Cos., Washington. the contractors. Contract price is SII,BOO. Officers and uniformed bodies of Sahara Grotto will parade at Shelbyville tonight, after which an elaborate program will be presented at the high school gymnasium. Proceeds will go to the Shelbyville Parent-Teacher Association. At the second of a series of lectures on social and business manners, in the Y. M. C. A. at 8 tonight, • Thomas D. Sheerin, president of Thomas D. Sheerin & Cos., investments, will speak on conversational attributes, how to meet men and women easily, casual greetings, and the general bearing of a gentleman. Harry W. Mason has been named manager of the life insurance department of the George L. Ramey Agency, Inc., officers of the firm announced today. The Calendar Club of .the First Moravian Episcopal church, Broadway and Twenty-second street, will hold a spring festival at 8 Friday night. In the Air Weather conditions at 9 a. m.: Southwest wind, 14 miles an hour; temperature, 66; barometric pressure. 29.96 at sea level; ceiling, unlimited; visibility, 5 miles; field, good. Cites Safety Growth Increased safety of flying in the army air corps in the last year, compared with 1921 and the intervening years, is shown in figures announced by Dr. R. E. Whitehead, 517 HumeMansur building, army medical reserves captain and aviation medical examiner for the department of commerce. There was one death for each 1,718 hours of flying in 1921, compared with cne death for each 8,700 hours of flying in 1930, Dr. Whitehead pointed out. For the period July 1 to Dec. 31, 1930, there was one death for 16,903 hours flown, none of the accidents attributable to engine or structural failure, he reported. Earhart Sets Record PHILADELPHIA, April 9.—Amelia Earhart, with one record to her credit—that of being the first woman to fly an Autogiro plane—today awaited official confirmation of her barographs for the second record. Miss Earhart made two altitude tests with the new type windmill plane at Pitcairn airfield. Willow grove, Wednesday, reaching an unofficial height of 19,000 feet in the second flight after soaring to 18,500 feet in the first. Takes Solo Flight Herman P. Roesch, local druggist and president of the Indianapolis Aero-Glider Association, made his first solo flight Tuesday afternoon at municipal airport in an Eaglet monoplane. Roesch soloed after about seven hours’ instruction part of which was taken under Bob Shank at Hoosier airport and the remainder under Orville L. Grimes of the Eaglet Aviation Corporation at municipal airport.
On request, sent with stamped addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.
Following is the explanation of j Ripley's "Believe It or Not” ; which appeared in Wednesday’s j Times: An Elephant Was Supported by Four Small Glass Bottles—ln a test to prove the strength of or- j dinary glass bottles, four seven- j ounce capacity bottles were placed on a wooden base and another wooden platform placed on the bottle necks. The weight of a 13,-000-pound elephant sitting on the platform did not break the bottles, though one was driven into the wood. My drawing was made from an original photograph taken at the Toledo zoo Sept. 11, 1925. Polycrates the Fortunate—Polycrates, the Fortunate, ruler of Samos (sixth century, B. C.% was persuaded to part with the thing he valued most for the purpose of appeasing the gods, jealous of his extraordinary and continuous good fortune. Accordingly he lost a valuable signet ring in the sea. A few’ days later a fisherman j offered him a freshly caught fish, j in the maw of which the tyrant’s ; ring was found. Polycrates eventually was cruci- ; tied by Oroetes of Sardis, accord- j ing to the account of Herodotus. John L. Sullivan Won a FiveMile Race Twelve Out of Thirteen Times—John L. Sullivan, known as "The Marvelous Miracle Man of Syracuse,” won the Pastime Athletic Club five-mile race twelve out of thirteen times in 1923. At that time he was 53 years of age. The Glow of a Firefly—Although the deep-cloaked glow within the body of a firefly is wholly lacking in heat, it is 100 per cent pure flame. A gas flame is only 3 per cent efficient, an electric arc about 10 per cent of what it should be and sunshine gives off only 35 per cent of visible light rays. Reference: “Jungle Days.” by William Beebe, Page 154. Friday: “Older than her husband, though born later.” STUTZ SHOWS GAIN Motor Plant Pay Roll Up 25 Per Cent. Shipments of Stutz cars during the first quarter of this year were approximately 9% times greater than in the same quarter last year, E. S. Gorreil, president of the Stutz Motor Car Company of America, announced today. Each month has shown increases in business, and during March shipments W’ere four times larger than in March, 1930. The carry-over of unfilled orders on the books of the company on April 1, 1931. was greater than the entire monthly shipments in 1930 and likew’ise greater than the monthly shipments in any one month so far this year. Production forces have been substantially enlarged, and today the Stutz pay roll is 25 per cent greater than it was on Feb. 1, 1931, it is stated. Gives Bond In Still Case Bond of $2,000 was provided by John W. Darnell, at whose home in Mars Hill deputy sheriffs confiscated a large still last week, when he was arraigned before United States Commisisoner Howard S. Barret O'Hara to Aid Brothers earl grand jury Wednesday. A CLEAR COMPLEXION * Ruddy cheeks—sparkling eyes—most women can have. Dr. F. M. Edwards for 20 years treated scores of women for liver and bowel ailments. During these years he gave his patients a substitute for calomel made of a few well-known vegetable ingredients, naming them Dr. Edwards Olive Tablets. Know them by their olive color. These tablets are wonder-workers on the liver and bowels, causing a normal action, carrying off the waste and poisonous matter in one's system. If you have a pale face, sallow look, dull eyes, pimples, coated tongue, headaches, a listless, no-good feeling, all out of sorts, inactive bowels, take one of Dr. Edwards Olive Tablets nightly for a time and note the pleasing results. Thousands of women and men take Dr. Edwards Olive Tablets—now and then to keep fit. 15c, 30c and 60c.—Adwortianmanf.
I-J 7 Registered 0 fc I> V Uatent Offlca RIPLEY
Bright Spots of Business
Ford March output 99,035 units, against 85,109 in February. March building plans in Manhattan, $17,855,626 against $11,354,275 in March, 1930. American Smelting and Refining Company, declares regular quarterly dividend in common. Norfolk & Western March loadings, 74,684 cars against 68,395 in February. Chicago Great Western first quarter earnings to exceed last year, President Boatner says. Virginia Public Service Company net year ended Feb. 28, 1931. $2,122,798 against $2,123,510 in preceding year. York Railway Company (Middle West Utilities System), 1930 net, $796,535 against $769,987 in 1929.
Net Changes
By United Press NEW YORK. April B.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. Off. American Can 122% 2% ... American & Foreign Pwr.. 40 2 ... American Telephone 189(7 2 Auburn 280 22 Bethlehem Steel 54 3 7 2% Byers 49 3 7 2% ... Case 95% 1% ... Consolidated Gas 99% 1% ... Fox Film A 26% ... 2% General Electric 46% 1% ... General Motors 43 % Gillette 31% 1 .. j International Nickel 17% % ... Loew’s Inc 53% 1% ... McKeesport Tin Plate .... 98% 5 Montgomery Ward 22% % ... N Y Central 108% 2% ... Pennsylvania R R 56 % ... Radio 21 % ... Radio Keith 21% % ... Sinclair 11% % , Standard Oil N J 44 1% Transamerica 12% 3 , ... United Corpn 24% % ... U S Steel 137% ji/ 4 Vanadium 56% 2 Warner Bros Pic uncligd.. 10% ... .” Westinghouse Electric .... 83% 1 . . Worthington Pump 76% 3% ... NAB BONDSMAN AGAIN ON BRAWL CHARGES Already confronted with a $25 fine for disorderly conduct, Charles (Big Shiner) Middaugh, professional bondsman, 519 Parker avenue, today faced charges of assault and battery, drunkenness and operating an auto while drunk. Middaugh was arrested Wednesday night. He is alleged to have beaten his wife and her sister, Mrs. June Clark. Tuesday Municipal Judge Paul C. Wetter fined Middaugh after witnesses told stories of the bondsman breaking furniture and door glass in a brawl ten days ago.
R. H. GIBSON & CO. Members NEW YORK. Chicago and Cincinnati Stock Exchanges N. Y, Curb Exchange (Assoc.) Chicago Board of Trade .‘)2O Circle Tower Indianapolis Tel. Lincoln 2341 307 Dixie Terminal Bldg. Cincinnati 400 First & Tri-State Bldg. Fort Wayne 71 Broad w-ay New York
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.APRIL 9, 1931
STOCK SHARES LOWER AFTER EARLY UPTURN Profit-Taking Near Noon Reduces Gains Made at Opening.
Average Stock Prices
Average of thirty industrials for Wednesday wbs 169.54. up 2.51. Average of twenty raiis was 94 72. off .07. Average of twenty utilities was 86.20. un 1.17. BY ELMER C. WALZER United Tress Financial Editor NEW YORK, April 9. —Stock? moved back and forth in dull trading on the Stock Exchange today and at noon many issues were around the previous close. Auburn Automobile steadily drift ed after opening at 277, off 3. Near noon it was at 270, off 10. It touched 269 earlier The opening was firm and prices rose for a few minutes afterward Then profit-taking reduced gains. A sharp recovery followed, after which the list drifted down again. United States Steel opened at 137%, dipped to 136%. and then rallied to 138%. Near noon it was at 137%, off %. At that time Radio Corporation, which had been heavily sold all morning, was at 19%. off 1%; Case 95 %, off % ; General Electric 46%, off %, and Worthington Pump 7ir, off TANARUS%. /
Bank Clearings
INDIANAPOLIS STATEMENT —April 9 Clearings $2,503,000.00 Debits 4.854.000 0O CHICAGO STATEMENT —April 9 Clearings SSB 900,000 00 Balances 3.790.000 00 TREASURY STATEMENT —April 9 Net balance for April 7. .... .SSOO 610,173.14 Expenditures 10.327.787.5 R Customs rects. month to adte 7,982,097.51
New York Curb Market
(Bv Thomson & McKinnon) -—April 9 11:30 11.30 Am Com Pwr A 15% Penroad 6% Am Gas & El. 75% Prince & Whtly 1% Erazil Pwr & Lt 21 % Sel Indus 4% Can Marc 3%'Shenandoah 7 Cities Serv IS ;Std of Ind 30% Oord 14%'Std of Kv 21 Durant Mot ... 2% Std cf Ohio 52 Elec Bond Sh.. 48% Stutz 26 3 a Ford of Eng .. 15%'Trans Air Trans 6% Hudson Bav ... 5% Un Gas (new).. 9% Tnsull Ut . . 36 Un Lt A- Pwr.. 26% Int Pete 12%'Un Verde 12% Midwest U . . 21'. Ut A Indus .... 7% Newmont Min . 45 Vacuum Oil . 53% Noranda 25% Chicago Stocks Opening (By James Hamill & Cos.) —April 9 dendix Avia . 20% Elec Hsehold... 25% Borg Warner 24% insult com .... 36', Cord Corpn ... 14%llnsull pfd ... . 83% Cont Chi Cor c 8 Midland Utd com 19% Central Pub Scr 17 Middlewest com. 21 % Commonwlh Ed 237 ! U S Radio A Tel 27% Gen Thea Eauip 10% util & Indu com 7% New York Liberty Bonds —April 8— 3%s 101.23 Ist 4%s 102.24 4th 4%s 103.29 Treasury 4%s 111.28 Treasury 4s 101.24 Treasury 3%s 104.25 Treasury 3%s cf ’47 101.14 Treasury 3%s of ’43 101.10
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