Indianapolis Times, Volume 42, Number 295, Indianapolis, Marion County, 20 April 1931 — Page 12

PAGE 12

PORKER PRICES DROP 5 CENTS AT CITY YARDS Steers Scarce in Cattle Market; Veals Show Higher Trend. HOGS Early April Built Top. Receipts. 13 $7 20'Si 7-80 $7.80 7.000 14 7.20a 7.80 7.80 6.500 15 7.30® 7.80 7 90 6.000 16 7.25® 7.85 7.83 7.500 17 7 203 7.65 7.85 7.500 18 7.30® 7.90 7 90 3.000 20 7 25® 7.85 7.85 7.000 Hogs were mostly 5 cents lower this morning at the opening of week's trade at the Union Stockyards. Prices for the bulk, 140 to 300 pounds, were $7.25 to $7.85. Early “top held at $7.85. Receipts were estimated at 7,000; holdovers were 136. In the cattle market steers were negligible. She stock showed a strong tone. Receipts were 400. Vealers were 50 cents higher, selling at $8.50 down Calf receipts were 500. The tendency in sheep was lower with a few spring lambs selling at sl4. Best wooled lambs selling at pected to sell above $9.25. Receipts were 500. Chicago hog receipts were 50,000, including 25,000 direct. Holdovers, 2,000. Market slow, few early sales and bids weak to 10 cents lower than Friday’s average. Good to choice hogs weighing around 190 to 210 pounds, sold at $7.70 to $7.75. Early top held at $7.75; some held higher. Choice of 220 to 230 pounds, sold at $7.60. Cattle receipts 14,000. Calves 2,000, and steady. Sheep receipts, 27,000, and steady to 25 cents lower. HOGS Rereipt*. 7.600; market, higher. —Light Lightr-(l4o-160) Good and choice...B 7.50® 7.60 Light Weights—-(l6o-180) Good and choice.... 7.85 (180-200) Good and choice. .. 7.75® 7.85 —Medium Weights— . (200-220) Good and choice 7.65® 7.70 (220-250) Medium and g00d... 7.45® 7.55 —Heavy Weights—-(23o-250) Medium and g00d... 7.25® 7.45 (220-250) Medium and g00d... 7.10® 7.20 —Packing Sows— „„„ (275-500) Medium and g00d... 6.00® 6.75 (110-120 Slaughter pigs 7.25® <.40 CATTLE (Slaughter Class) Receipts. 400; market, steady. Good and choice $ 7.25® 9.50 Common and medium 5.00@ 7 25 (1.100-1.500) Good and choice 7.25® 9.50 Medium 6.00® 7.25 —Heifers—-(soo-850) . Good and choice $ 7 25® §5? Common and medium 5.00® 7.20 Good and choice 5.00® £22 Common and medium 4 00® 5.00 Low cutters and cutters 2.50® 4,C0 —Bulls (yearlings excluded)— Good and choice beef 4W>® 522 Cutter, common and medium.. 2.70® 4.00 CALVES AND VEALERS Receipts. 500. market, steady. Good and choice $ B.oo® 8-0 Medium 6 00® 8.00 Cull and medium 3.50® 6.00 —Calves—-(2so-300) „ „ „„ Good and medium 5.00® 122 Common and medium .... 3.00® 5.00 STOCKERS AND FEEDER STEERS Good and choice 6.00® Inn Common and medium •• * 4.2d(3 6.00 (800-1.500) „ e\f\ TSTC Good and choice i 12 Common and medium 4.co® 6.00 SHEEP AND LAMBS Receipts, 500; market, steady. (Sh-orn basis, except spring lambs) Good and choice $ Common and medium i2n2^is'nn Spring lambs Medium and choice 2.50® 4.00 Cull and common 1.50® 2.00 Other Livestock By United Press CHICAGO, April 20 —Hogs Receipts. 50,000; including 26,000 direct; slow, 5-10 c lower than Friday's average; bulk 150-210 lbs., $7.65®7.85; top. $7.85; 220-310 lbs., $7®7.70: pigs, [email protected]; packing sows, $656.40; light lights, 140-160 lbs., good and choice, $7.60®7.80; light weights, 160-200 lbs., good and choice, $7.65®7.85; medium weights. 200-250 lbs., good and choice $7.30® 7.85; heavy weights, 250-350 lbs., good and choice. $6.75®7.40; packing sows, 275-500 lbs., medium and good, [email protected]: slaughter pigs, 100-130 Ibis., good and choice, [email protected]. Cattle—Receipts, 14.000, calves, 2,000; fed steers steady; yearlings to 25c higher: light heifers and mixed yearlings showing most upturn and activity: killing quality medium to good; best medium weights and weighty steers stopping at $9 early; she stock mostly steady: vealers strong; bulls easy; largely a steer and yearling run. Slaughter cattle and vealers: steers 600-900 lbs., good and choice, $7.75@10; 900-1.100 lbs., .good and choice, [email protected]; 1,100-1.300 lbs., good and choice, $7.50®9.50; 1,300-1.500 lbs., good and choice. [email protected]; 600-1,000 lbs., common and medium, $5.75®7.50; heifers, 550-850 lbs., good and choice. [email protected]; common and medium, $5.50®7.25; cows, good and choice, s3@6; common and medium, $4.50@5; low cutter and cutters, $3-25®4.25; bulls (yearlings excluded), good and choice (beef) s4@s; cutter to medium, $3 35®4.40: vealers (milk fed), good and choice, 57.75@9; medium, s6® 7.75; cull and common, s4®6. Stocker and feeder cattle; steers. 500-1.050 lbs., good and choice. $6.75®8; common and medium. $5.25®6.75. Sheep—Receipts. 27,000; bulk of run on direct billing; early trade verv slow', most bids 25-aOc lower; bulk desirable fat lambs held, $0.50®9.75; sheep scarce, weak to 25c lower. Slaughter sheep and lambs; lambs 90 lbs. down, good and choice, $9®9.75; medium, $3.25 ®9; 91-100 lbs., medium to choice. $7.85 ®9.60; all weights common, [email protected]: ewes. 90©150 lbs.,, medium to choice, s3® 4 25; all weights cull and common, $1.50 @3.25. By United Press CINCINNATI. April 20.—Hogs—Receipts. 3,300; heldover none; moderately active; generally steady: better grades 160-220-lb. averages mostly $8; 225 to around 250 lbs.. $7 50 ®7.85. 300 lbs. down to S7; 120-150 lbs. mostly $7.50; sows largely $6. Cattle— Receipts. 1.000; calves. 250; steers slow, weak: other classes about steady: odd lots common and medium steers and heifers. $5.75®7; more desirable yearlings. $7.50® 8; most beef cows. $4.50®5.25: low cutters and cutter cows. [email protected]: practical top bulls. 54.75: vealers steady to 50c higher, good and choice, $7.50®8.50; lower grades. $7 down. Sheep—Receipts. 50; spring lambs largely $1 lower or sl4 down ward: not enough old crop lambs or sheep here to test values. By United Press CLEVELAND, April 20.—Hogs—Receipts. 4.300: holdover none; mostly steady: 140-210-lb. Veights. $8.15; 220-250 lbs.. $7.75® 7.90: few heavier hogs. 57.50®7.65; pigs mostly SB. packing sows. $6®6.25; stags. $4 ®4.25. Cattle—Receipts. 1.000; steady with last week's decline: heavy steers slow; early bulk steers averaging mostly 800 lbs. down. $6.75®7.75: one load. $8; fat cows. s4@s: better grades. $2.50@4: odd heads good lightweight heifers upward to $6.50: sausage bulls. $4®5.25: few beef kinds. $5.75 and better. Calves—Receipts. 1,000; about steady, better grade vealers. s9® 9.50; few handpicked upward to $10: medium. $5.50®8.50: culls downward to $5. Sheep—Receipts. 2.100; strong to 25c higher: desirable clipped lambs mostly $9.5-0® 9.75: lower grades. s7@9. By United Press EAST ST. LOUIS, HI.. April 20—Hogs— Receipts, 12.500; market, fairly active, steady to strong. Top. $7.75; bulk, 100230 lbs., s7.o® 765 : 230-260 lbs.. $7.40® 7.50: sows, [email protected]. Cattle—Receipts, 3.000; calves, 1.500; market, slow, generally steady to 25c higher on steers, mixed yearlings and cows: bulls steady, vealers 23®50e higher: early steer deals, 55.40 W 7.75: top sausage buls. $4.50; good and choice vealers. $3.50®8.65. Sheep—Receipts, 3,000; market, few choice lambs to city butchers, steady at $9; spring lambs. 25c or more lower. Most spring lambs. $12.50; packers talking lower on all classes. By Times Special LOUISVILLE. Ky., April 20.—Hog—Receipts, 800; market steady: 250 lbs. u.> $7.20; 175 to 250 lbs.. $7.45; 130 to 175 lbs.' $7.05: 130 lbs. down. $6.40; rough* $4 70 @5.70; stags. $3.95. Cattle—Receipts. 600: market steady to 35c higher; prime heavy heajy shipping steers. $6 [email protected]; medium and slain steers, $5.50 @6.25; fat heifers. sso® 8.50; common to medium heifers. [email protected] good to choice cows, [email protected]: medium to good cows *2 5221 sO ,: ,? uttrs - $3.35(33.50; canners! 5 2? 3: $3.50®5.25; feeders. $6 50 @<■so; medium to good feeders. SS®SSO: stockers $5 [email protected]. Calf—Receipts. 600 market tops, 50c higher: others, steadv : good to choice. s7® 7.50; fancy higher others. $5 down. Sheep—-Receipts' 150market steady: spring lambs. S10®1150 : choice sl2; fall lambs. $7.50®8.50: onds. $5 50; clipped sheep. $S®4; Saturday “>(• Chicago Stocks Opening (Mr James Hamill Sc Cos.) a —April 20— Asso mu.. 24A Insul! com , sfu Ber.dliAvia .. 19*4 Insull 6s 1940' * 88 s * Borg jTarner .. 33=4 Midland Utd c. . 20 Cord Corpn ... 11 ! Middlewest com. 21 Conti Chi Oor a 7% Natl Standard .. 31 Oontl CM COr p 37% Swift Sc Cos ... 28*4 Centra! Pub Sev 15% Swift Intntl sg% Common wlh E. .335 US Radio & Tel 3314 Chi Securities.. 18 lUti! Sc Indueim 7 Zenith Radio .. 3%

New York Stocks ■ Thomson A McKinnon <

Railroad*— Prev. High. Low. 11:30 close. Atchison 170 1 69 1 69 170 Balt Sc Ohio 67 66>-4 66!4 67 Chesa Ac 0hi0... 38*i 39’A 397’, 39% Chesa Corn <2)4 Chi Ort West 8 8* Chi N wrest 34 C R 1 Sc P 50 50% Del L Sc W 69 Erie 26% 26 26% 27 Erie Ist pfd 31 £ 3174 311. 32 Great Northern 58 Vi Illinois Central.. 62 61% 62 63 Lou & Nash 84 84 M K Sc T 17% Mo Pscilic pfd 73 73 N Y Central.... 106>4 104% 104>% 106 Nickel Plate 63 N Y N H As H 74 Nor Pacific 45% Pennsylvania .. 5514 5544 55% 55% So Pacific 92 Southern Ry ... 38% 38% 38*4 33 ! 4 St Paul 5% 5% St Paul pfd 9 8% St L As S F 24 24 V* Un.on Pacific ...163 167% 167% 166% W Maryland ... 12*4 12% 12% 12% West Pacific .... 10V* 10 10 Egvipments— Am Car A; Fdy 25% Am Locomotive 21% Am Steel Fd .... 20 19% 20 19 Am Air Brake S. 30% ... Gen Am Tank 64 General Elec .... 44% 42% 43% 44% Gen Ry 5-Jgnal 66 Lima Loco 25 25 N Y Air Brake 19 Press Sti Car 4 Pullman 43% 43% 43% 437* Westingh Ar B. 30V* 30 30 30 W'esiingh Elec.. 77% 75% 76% 77% Rubbers— Fisk *4 V* Goodrich 13% 13% Goodyear 41% 41% 41% 42 Kelly Sprgfld ... 2% 2 2 2% Lee Rubber ... ... 4 U 8 Rubber 15% 15V* 15% 15% Motors— Auburn 206 180 189 203 Chrysler 21 20% 20% 21V* Gardner % Graham Paige .. 5 4% 4% 5 General Motors.. 43% 42% 43% 43% Hudson 18% 18*4 Hupp 9 9 Mack 35% 35% 35% 35% Marmon 6% Nash 34% 34% 34% 35H Packard 8% 8% 8% 8% Pierce-Arrow 22 Reo 7% Studebaker 32% Yellow Truck... 10% 10% 10% 10% Motor Acres*— Bendix Aviation 19% 19% 19% 19% Borg Warner ... 23% 23 23 23% Briggs 17% 17 17 17% Budd Wheel 8% 8% Campbell Wy ... ~ ... 12% ... Eaton 16% 16% 16% 16% El Storage B ... 57% 57% 57% 57% Houda 6% Motor Wheel 15% 15% Sparks W 8% 8% Stewart Warner 15 14% 14% 15 Timken Roll 46% 47% Mining— Am Metals 17% Am Smelt 43% 42% 43 43% Am Zinc 5 5% Anaconda Cop... 31% 30% 30% 32% Cal & Hecla 8% 8% 8% 8% Cel & Ariz ... 38% 38% Cerro de Pasco. 20% 20 20 21% Dome Mines 11% 11 Freport Texas... 33% 33% 33% 33% Granby Com 16% Great Nor Ore 22% 22% Howe Sound 21% 211* Int Nickel 16% 16V* 16% 16% Inspiration 8% BV* Kenecot Cop 22% 22 V* 22% 23 Magma Cop 19% 19V* 19% 20 Miami Copper 8 8 Nev Cons ... 10% 10% Texas Gul Sul... 45 44% 441* 45 U S Smelt 20 20 V* Oils— Amerada 18% Am Republic 8., Atl Refining 16% 16V* 16V* 16% Barnsdall 10 10 Houston 10% 10% Indian Refining 33% Ohio Oil 12 11% 11% 12 Mex Seaboard.. 19% 18V* 18% 18% Mid Conti 10% 10 % Pan-Amer (B) 32 Phillips 9% 9 Pr Oil Si Gas.... 12% 12% 127* 12% Pure Oil 77* Richfield 2% 2% Royal Dutch 31% 31% 31% 33 Shell Un 6% 6% 67* 6% Sinclair 11% 11% 11% 11% Skellv 7 Vi Standard of Cal 427* 42% 42% 42% Standard of N J 41 40% 40% 41% Standard of N Y 207* 207* 207* 20% Texas Cos 27 26% 26% 26V* Union Oil 20% 20% Steels— Am Roll Mills... 297* 28% 287* 30 Bethlehem 49% 48 48% 49 V* Byers AM 45 41% 42% 43% Colo Fuel .. 18% 18V* 18V* 18V* Cruc Steel 45% 46 46% 467* Inland 57 Ludium 14% Midland 207* 20% Newton 16 Vi ... Repub I Sc S ... 16% 15% 157* 16 U S Steel 132 1297* 130% 1327* Vanadium 45% 43 Vi 44 45 V* Youngst SiW 21 Tobaccos— Am Sumatra 9% Am Tob A (new) 123 120 Am Tob B (new) 126% 124 125 125% Con Cigars ... 35% General Cigar... 40% 40V4 40% 40 Lig Sc Myers B 85 34% Lorillard 18% Phil Moris 11 Reynolds Tob ... 50% 50% 50% 507* Tob Pr A. 13 13 Tob Pr B 3V4 3% United Cig 6 Utilities— Abitibi 7% 7 7 V* 7 Adams Exp 187s 18% 18% 18V* Am For Pwr.... 35% 3374 347* 35% Am Pwr & L 1... 48 47% 47% 477* A T & T 188 Vi 186V* 187V* 187% Col C-as Sc Elec. 3 347* 35Vi 3674 Com Sc Sou 9Vi 9 9 9Vi El Pwr Sc Li 48% 47* 477* 47V4 Gen Gas A 6% 57* 5% 6 Inti TANARUS& T .... 30 287* 29V* 29% Natl Pwr & Li.. 34 33Vi 337* 347* N Amer Cos 72 70Va 70% 72 V* Pac Gas Sc El.. 48% 48% 48% 48% Pub Ser N J... 82% 807* 80 % 82% So Cal Edison 46% Std G& El .... 707* 70V* 707 b 70% United Corp ... 23 22V* 22% 22% Ut Pwr & L A.. 25Vi 247* 247* 247* West Union ...123 121 123 122 Shipping— Am Inti Corp .. 177* 17% 17% 17 Inti Mer M pfd 10 V* 9% United Fruit.... 56Vi 55 55V* 587* Foods— Am Sug 33% Armour A 2% 2% Cal Pkg 34 Vi 34 Can Dry 36 35 36 34 Childs Cos 25 ' 25 Coca Cola 150 151*4 Cont Baking A.. 15% 15V* 15*4 15% Corn Prod 73 V* 73 73 74 Cudahv Pkg 44 44 Gen Foods 53 Grand Union 14V4 147* Hershev 95 95 Kroger 28V* 28% 28% 29% Nat Biscuit 76 74% 75% 75 Safeway St 50% 49% 50% 51V* Std Brands 17% 16 17% 18 Ward Bkg 5 5 Drugs— Coty Inc 11% 11 11 11% Lambert Cos 83 82 82 82% Lehn & Fink 29Vi Industrials— Am Radiator 16% 16 16*4 16 Bush Term 21 Vi Certainteed 5 Gen Asphalt 25 24% 25 25% Otis Eiev 46% 46% Indus Chems— Allied Chem ....134% 132*4 1337* 134 Com Solv 15Vi 14% 15% 15% Union Carb 58 57% 57% 58% U S Ind A1c0.... 37% 37% 37% 37% Retail Stores— Assoc Dry Gds 22 s * Girnbel Bros 5% ... Krerge S S 25% 26% Mont Ward 30*4 Penny J C 35% 35% 35% 35% Schult* Ret St 10% 10 Sears Roe 50 49** 50 50% Wool worth 60% 57% 57% 60% Col Graph 10% 10% 10% 10% Eastman Kod .. .155% 152'* 154 155% Fox Film A .... 24% 22% 23 24Vi Grigsbv Gru 4*4 4 s -* 4% 4% Loews Inc 47Vi Pararn Fam 37% 36 37 36%

Indianapolis Stocks

—April 20— Bid. Ask. Amsrican Cent Life Ins 50..1.000 Belt RR & S Yards Cos com.. 35V4 42 Belt R R & S Yds Cos. pfd 6% 50 55 Bobbs-Merrill Cos. $2.25 19V* 28 Central Ind Pow Cos. pfd 7c.. 83 88 Circle Theater Cos com 7s 100 Citizens Gas Cos com 10s .... 25 Citizens Gas Cos Did 5s 99 102 Commonwealth Ln Cos Did Bs.. 100 Commonwealth Loan Cos old 7s 97 102 Indiana Hotel Cos Ciavpool c0m.105 Ind Hotel C o Did 6s 100 Indols Gas Cos com 6s 57 fo’-4 Indpls Pow & Lt Cos pld 6' 2 5.105 107 J 4 Indols Pub Well Ln Assn cm 8s 50 Ir.dD’.s Wa Cos Did 5s 101 Pub Serv ol Ind 1% 100 Pub Serv ol Ind 86 89 Me f ro Loan Cos 8s ...100 North Ind Pub Serv Cos pld s'as 93 97 No Indiana Pub Sv Cos pfd 6s Mm 10314 No Indiana Pub Sv Cos pld 6s. 102’ * 104 Vi E Bauh & Sons Pert Cos Did 6s 47 Ter Haute Tt & Li Cos pfd 6s. 80 Uruon Title Cos com Si 23 Van CamD Prod Cos Ist Did 7s .. 93 Van CamD Prod Cos 2nd Did 8s ~ 93 Auburn Automobile Cos c0m...254 256 Backstay Welt Cos com 15 20 Ind Pirns Line Cos 17 18 Link Belt Cos com 30 32 Lynch Glass Machine Cos com 18 1 4 19 1 4 Me-d Johnson <fc Cos com ....102 104 N Y Central Railroad Cos 103 105 Noblitt Snarks Industrial Inc. *9% 40 3 i Perfect Circle Cos com 29 31 Real Silk Hosiery Mills Inc Cos 18 19** Standard Oil Cos (Indiana' 80 Ptudebaker Corporation 23 25 Ross Gear 19 25 BONDS Bid. Ask. Belt R R & Stk Yds Cos 45... 93 Cent Ind Gas Cos 5s 9® .... Cent Ind Power Cos 6s 97 ! 4 ... Citizens Gas Cos 5s 99 102 Citizens Street Railroad 5s 25 Home T & T of Ft Wavne 6s. 102 Ind Railw <fc Light Cos 5s 93 96 Indpls Pow & Li Cos 5s 103 103 ! i Indo’s Gas Cos 5s 101 103 Indpls Street Rys ’4s 16 ... Indpls Trae Terminal Cos 55.. 48 Indpls Union Ry 5s ICO Indpls Water Cos s l iS 1054 103 Tndols Wat Cos Ist lien 8s ref 5s 99 101 Indpls Water Cos 4V4s 97 99 Indpls Water Wfcs Sec Cos 5s 89 Interstate Pub Ser Cos 4V4s 91 92 Interstate Public Service Cos 5s 95 Interstate Pub Ser Cos B 6 1 45. .103 No Ind teub Serv Cos 5s i8 No Ind v&leph Cos a.......... 9954 MO

Radio Corp 30 19% 20 20% R-K-O 21% 20% 21% 21 Schubert 5*4 5% Warner Bros .... 11 s * 10% li 11 Miscellaneous— City Ice Sc Fu 34% Congoleum 10% 10% 10% 10% Am Can 118 117 117** 118% Coni Can 57% 37% 57% 57V. Curtiss Wr ~. . 4 374 3% 4 Gillette S R .... 31% 31% 31% 31% Real Silk 17% 18 Un Arcft 29 28*4 28% 29V* Int Harv 48% 48 4874 49%

Radio Dial Twisters

WFBM (1230) Indianapolis (Indianapolis Power and Light Company) MONDAY P M s:3o—Jean nd Lou. s:4s—Better Business Bureau. 6:oo—Louie Lowe s orchestra 6:2s—Announced. 6:3o—Evangeline Adams (CBS*. 6:4s—Anheuser-Busch Antics (CBS 7:oo—Wendall Hall. 7:ls—Barbasol Ben (CBS). 7:3o—6immons hour (CBS 1 . B:oo—Three Bakers (CBS). B:3o—Announced. B:4s—Announced. 9:oo—Address by Secretary War Hurley. 9:3o—Savino Tone Pictures (CBS). 10:00—Announced. 10:15—Arthur Pryor’s band (CBS). 10:30—The Columnist. 10:45—Ben Bernle orchestra (CBS*. 11:00—Bean Creek string band. 13:00—Dessa Byrd at the organ. WKBF (1400) Indianapolis (Indianapolis Broadcasting. Inc.) MONDAY P. M. 4:oo—Afternoon announcements. 4:3o—The “Pied Piper.” 4:4s—News flashes. s:oo—Cecil & Sally. 5:30—“Gloom Chasers.” s:4s—Connie’s dinner orchestra. 6:ls—Baseball scores. 6:2o—Harry Bason. 7:oo—Silent for WBAA. B:oo—The “College Chums ' 8:15—To be announced. B:3o—Concert. 9*oo —Hap and Jack. 9:15—T0 be announced. 10:00—Harry Bason. 10:30—Orchestra. 11:00—Connie's Eleventh Hour Dreamers. 11:30—Sign off. WLW (700) Cincinnati MONDAY P. M. 4:oo—Chats wtih Peggy Wlnthrop (NBO, 4:ls—Erooks and Ross. 4:29—Time announcement. 4:30—01d Man Sunshine. 4:4s—Organ. s:oo—Bradley Kincaid. ' 5; 15—Mormon Tabernacle choir (NBC). s:4s—Lowell Thomas (NBC). 6:oo—Amos ‘n’ Andy (NBC). 6; 15—Variety. 6:3o—Melody Weavers. 6:45—80b Newhall. 7:oo—Vision-airs. 7:30 —Gold Medal Express (NBC), 8:00 Mavtag orchestra (NBC), B:3o—Real folks (NBC). 9:00—Blue Steele’s orchestra. 9:3o—Empire builders (NBC). 10:00—Weather. 10:02—Musical memories. 11:00 Midnight—Castle Farm orchestra 11:30—Netherland Plaza orchestra. 12:00 Midnight—Blue Steele’s orchestra. A. M. 12:30—Brooks and Ross, harmony duo. I:oo—Sign off. HINT INSULL OFFER Purchase of T. H., I, & E. Mortgage Expected, Purchase of mortgages in the T. H., I. & E. Traction Company by Insull interests was reported ar definite today after Superior Judge Russell A. Ryan announced a hearing will be held on a petition to foreclose mortgages on the company, May 14. If the court upholds the foreclosure petition, it will be necessary to offer all properties of the company for sale. Insull interests now hold $6,500,000. in mortgage bonds and the utility group is considered the only bidder for the firm and its properties. The petition for hearing was filed by Elmer W. Stout, company receiver, after the Fidelity Philadelphia Trust Company, holder of a series of mortgages, had filed a complaint for the foreclosures. This litigation was consolidated with the receivership petition of the Consolidated Colleries Company, in order to facilitate court action. In Stout’s petition for the mortgage hearing, he set out that net income of the traction firm decreased from $153,587.81 in 1926, to a deficit of $140,789.38 at the close of 1930.

New York Bank Stocks

(By Thomson & McKinnon) —April 18 — Bid. Ask. America 52 55 Bankers 104 107 Brooklyn Trust 465 475 Central Hanover 253 258 Chase National 90 Vi 93 V* Chatham Phoenix Natl ... 69 72 Chemical 43% 45% City National 91 94 Corn Exchanee 109% 113% Commercial 300 310 Continental 20% 23% Empire 57 60 First National 3.750 3,950 Guaranty 492 497 Irving 35% 37% Manhattan & Cos 82% 85% Manufacturers 48% 50% New York Trust 165 170 Public 56% 59% New York Liberty Bonds —April IS—--3%S 101.25 Ist 4%s 102.23 4th 4Vis 103.29 Treasury 3%s 105.25 Treasury 3%s of '43 101.21 NEW YORK COFFEE RANGE —April IS—- ,, High. Low. Close. May 4.57 July 4.78 4.73 4.78 September 4.88 December 4.95 4.92 4.95 Births Girls Andrew and Clara Beeler, city hospital. Cleon and Lula Hizer, city hospital. Dempsy and Nina Allman, city hospital. James and Pearl Ruff. 1715 Le Grande. Edward and Ona West. 343 North Pine. Dewey and Lily Ker. 19 North Richland. Melvin and Lillian McKinney. 1128 Hoyt. Clarence and Annie Tilley. 2226 Bellefontaine. Benjamin and Kathleen DeHart. 549 Holly. Alonzo and Henrietta Broks. 7706 South Drexel. George and Geraldine Walker, Methodist hospital. Charles and Catherine Lusk. Methodist hospital. r, ~ul and Esther Cullom. Methodist hospital. ~ jert and Martha Reese. Methodist hospital. Bcvs Orville and Marie Reine, city hospital. Fred and Helen McClaren. city hcsPlt&l. Gcrdan and Charlotte Lucas, city hospital. Harold and Florence Lindahl, city hospital. Joseph and Edith Byrne, city hospital. Orma and Aurelia McGuire, city hospitel. Franklin and Helen Wise, city hospital. Fred and Marie Petty. 821 Division. Lawrence and Mary White, 266 South Trowbridge. Henry and Lillian Rose. 946 North West. Vergil and Myrtle Reed. 916 North Delaware. Louis and Kathaleen Bortlein, Christian hospital. Edsar and Ruby Coffman. Methodist hospital. Deaths Paul Crowder. 2 days. Geksiaa hospital, atelectasis. OUie Belle Scott, 23. M fleuglas. pulmonary tuberculosis. James R. Divens. 70. Perth Delaware. acute cardiac dilatanro. Thomas Holcer. 82. 922 North Delaware, chronic parenchymatous nephritis. James Rufus Ammon. 67. 419 South Butler. coronary thrombosis. Nellie Hair. 61. 532 North Tempt?, uremia. Walter A. Broks. 50. 425 North Tacoma, acute dilatation of heart. Jsmes Solomon Patterson. 77. 1404 Central. arteriosclerosis. Sophia L. Josse. 63. 147 East Raymond, carcinoma. Christian F Pis!. 76, 2136 East Michigan. arteriosclerosis. Anna M. Beaver. 51. 1998 North La SaUe, acute dilatation of heart. Raymond Cave. 9 mo., city hospital, lobar pneumonia. v. Elizabeth Peters. fc T9. 2120 East Twelfth, chronic mrocarditUl

THE INDIANAPOLIS TIMES

STOCK SHARES MOVE DOWN IN SELUNG DRIVE U. S. Steel Breaks to New Low Below 130; List Is Weak.

Average Stock Prices

Average of thirty Industrials for Saturday was 162.37. up 2.14. Average of twenty rails was 90.49. up .24. Average of twenty utilities was 63.15, up .45. Average of forty bonds was 95.74, up .03. BY ELMER C. WALZER United Press Financial Editor NEW YORK, April 20.—Trading turned dull on the Stock Exchange today after a flurry of weakness which sent leaders to, new lows, broke Auburn 23 points to 180 and Steel below 130. The wave of selling came shortly before the end of the first halfhour of trading. For a time earlier in the session prices had shown signs of continuing the rally in progress Saturday. . „ Support was encountered at the lows and the decline ended abruptly. Leaders rallied from the lows and around noon the majority of them were near their levels of the end of the first hour. Steel common, however, gradually was ebbing away again. Steel News Bearish Nothing occurred over the weekend to change the complexion of the market. Steel news was considered bearish with announcement of a reduction in operations in the Youngstown district. The annual stockholders’ meeting of United States Steel Corporation was swinging into session as noon approached, and this was a retarding influence on the stock. Around noon Steel was at its low since 1927 of 129%, off 2% points. Auburn Auto also was dipping back to its low on the reaction of 180, which represented' a decline of 115% points from the year’s high. Small Gains Noted Small gains were noted in"" Dupont, Union Carbide, Montgomery Ward and a few others. Fractional losses were made in General Electric, Vanadium and Radio. American Can, Case and Westinghouse Electric lost 1 to 2 points. Utilities were about steady. Rails were mixed with New York Central down 1% at 104%. Coppers shares reacted on reduction in the price of copper metal to 9% cents a pound domestic shipment. Cerro De Pasco made anew low for the year at 20%, off %1. Call money renewed at 1% per cent.

Bank Clearings

* INDIANAPOLIS STATEMENT —April 20— Clearings . .$2,711,000.00 Debits 6,263,000.00 TREASURY STATEMENT —April 20— Net balance for April 17 $534,501,906.99 Expenditures 32,603,510.23 Customs receipts, month to date 19,679,005.48

Net Changes

By United Press MEW YORK, April 18.—Closing prices and net changes on principal stdfcks traded today on the New York Stock Exchange follow: Up. Off. American Can 118% 1% ... American & Foreign Pw 35% ... % American Telephone ...187% 1% ... Alaska Juneau 15 % ... Auburn 203 ... 33 Bethlehem Stele 49 5 /* 1% ... Byers 43 s / 1% ... Case 88'4 •.. % Consolidated Gas 96*/* % ... Fox Film A 24% % ... General Electric 44% % ... General Motors 43% Sc ... Gillette 31% Sc ... International Telephone 29% 1% ... Loew’s Inc 47% ... & McKeesport Tin Plate.. 88 s /* ... 2% National Biscuit 75 1% ... N Y Central 106 2 Packard 8% ... Vs Pennsylvania R R 55% % ... Radio 20% % ... Radio-Keith 21 % ... Sinclair 11% % ... Stand Oil N J 40% ... % Trans-America 11% % ... United Corp 22% % ... U S Steel 132% 2 5 4 ... Warner Bros Pictures.. 11 % ... Westinghouse Electric.. 77% 1% ... Worthington Pump 66% % ...

New York Curb Market

(By Thomson Sc McKinnon) —April 20— 11:30 11:30 Am Com Pwr A 14V* Ind Terr A 13 7 /a Am Gas % El.. 7 Insull Ut 36 Ark Gas 5 Int Pete 11% Brazil Pw & Lt 2074 Midwest U .... 20% Can Marc 3 jNat Screen 22V* Cities Serv ... 17 Newmont iMn .. 42% Cord 10 s /i;Nia Hud Pwr.. 11*4 Crocker & W .. 137a Noranda 2374 Durant Mot .. 274 Penroad 6 s /* Elec Bond Sh. 44% Prince & Whtly 1% Fprd of Can ... 23% Salt Creek .... 5% Ford of Eng ... 14 Sel Indus 474 Fox Theater .. 4 iStd of Ind .... 30 Goldman Sachs 775 1 Std of Ky 19% Gulf Oil 53 Stutz 24% Hudson Bay .. ss/s!Un5 s/ s!Un Lt Sc Pwr.. 24 5 /* Humble Oil 54% Vacuum Oil 49 5 /* Ind Pipe 15V*’

Produce Markets

Eggs (country run*—Loss oft delivered in Indianapolis. 15c: henery quality No. 1. 16c: No. 2. 15c. Poutrv (buvina nrWesi— Hens weighing 5 lbs. or over. 18c: under 5 lbs.. 18c: Leehnr hens. 13e: capons. 7Vi lbs. up. 25c: 6V4@7V4 lbs.. 20c: under 6V* lbs.. 20csprinsers. 5 lbs. or over. 17c: or under 5 lbs. 17c: ducks. springers. 11c: old cocks. 9@llc: ducks, full leather fat white 9c: eeese. Bc. These prices are lor No. 1 too oualitv auoted bv Kinean <& Cos Butter (wholesale!—N- 1. 32£33c: No. 2. 30<231c. Butterfat—2Bc. Cheese ‘wholesale selling price oer pounds!—American loaf. 22c: pimento loal 23c: Wisconsin firsts. 19c: Longhorns. 17c: New York Limberger. 80c. By United Press NEW YORK, April 20.—Potatoes: market old dull, new firmer; Long Island, $1.850 4 barrel: Southern. $5.7507.75 barrel: Maine, $303.85 barrel: Idaho. 42c<352 sack: Bermuda, $8.50011 barrel; Canada, $204 barrel. Sweet potatoes, market firm; Jersey baskets. [email protected]: Southern baskets. 75c® $4. Flour—Market firm but dull: spring patents. $4X004.75. Pork—Market dull: mess $26. Lard—Market steady; middlewest spot, $909.10. Tallow—Market quiet: special to extra, 3 ,, 504V4c. Dressed Poultry—Market firm; turkeVs. 25 044 c; chickens. 26@3c; broilers, 30®47c; fowls, 14@27e; Long Island ducks, 22®23c. By United Press CINCINNATI, April 20—Butter, lower; creamery in tub lots according to score 21@23c; common score discounted 2®3cpacking stock. No. 1,18 c; No. 2,15 c; butter fat, 21@23c. Eggs lower: cases included: extra firsts, 16V*c: seconds, 14c nearby ungraded, 16c: duck eggs. 16t4c: goose eggs 35c. Live Poultry—Thin and coarse stock sell only at heavy discount: fowls 5 lbs. and over. 21c; 4 lbs. and over. 23c; 3 lbs. and over. 20c: roosters, 12c; slips. 21c: stags. 17c; broilers new crop full feathered 1V lbs. and over. 32c: over 114 lbs.. SBc: partly feathered lVi lbs. and over. 32c; over 1% lbs.. 36c. NAME MISSION PROBERS Dr. Charles P. Emerson One of Group; To Leave in October. Dr. Charles P. Emerson, dean of the Indiana university's school of medicine, has been named as one of a group of investigators to probe foreign missions for seven Protestant churches. He will leave for the far east in October.

BELIEVE IT or NOT

Buear(NES‘GBEAT(wESTERMRSDOUBf Tr& ONLY MONUMENT To BENEDICT ARMOLD DOES MOT EVEM MEMTIOM HIS NAME. J||||P if) 19TI, Kin t Feature* Syadleate. /bc- Great Britain rtfbtit reserved: -<• )w,V' V*: SKAUft-FtßTrt q ICELAND " _ A TRA'N fW 35 YSARS * J HE WAS 5 HCOR4 IN THE CHAMNEI AIROin iNja/ew* m m with the Temper atore 19° above freezing.

The City in Brief

TUESDAY EVENTS Indianapolis Medical Society, 8 p. m., Methodist hospital nurses’ home. Rotary Club luncheon. Claypool. Gyro Club luncheon, Spink-Arms. Mercator Club luncheon, Columbia Club. Architectural Club luncheon, Architests’ and Builders’ building. American Chemical Society luncheon, Chamber of Commerce. Purchasing Agents’ Association luncheon. Severin. Universal Club luncheon, Columbia Club. University of Michigan Alumni luncheon, Lincoln. North Side Exchange Club luncheon, 3810 College avenue. Alliance Francaise luncheon, SpinkArms. Indianapolis Republican Veterans luncheon. Board of Trade. Indiana League for the Hard of Hearing. 7 p. m., Stokes building. The play “Mother Earth” will be presented by the Sutherland players Friday night before the Northside Christian Endeavor Union at the Sutherland Presbyterian church. A spelling match, staged by the McGuffeyites, will be held at 7:30 Thursday night at Cropsey auditorium, central library. Charles S. Howland, New England seaman and lecturer, will speak Wednesday noon before Kiwanis at the Claypool on “The Voyages of Early Whalemen.” Cathedral high school dramatic club will present the play, “The Haunted House,” Friday and Sunday nights at the school auditorium. Frank Mayr Jr., secretary of state, and Floyd Williamson, state auditor, will speak at 8 Wednesday night at the meeting of the Marion County Women’s Democratic Club at the Claypool. Members of the Christian ‘Endeavor Society of the Pleasant Run Boulevard Reformed church will present the play, “The Wild Oats Boy” at 8 Thursday and Friday nights at the Immanuel Educational building, Prospect and New Jersey streets. Boyd Gurley, editor of The Times, will speak on “Diamonds and Doughnuts” Wednesday noon to the Lions Club at the Lincoln. S. O. Belzer, Boy Sconts chief executive, addresed social and civic classes at. Washington high school today. Indianapolis lodge 56, Knights of Pythias, will give a minstrel show Friday at 8 p. m. in the grand lodge auditorium, comer of Pennsylvania street and Massachusetts avenue. Proceeds will go to the Pythian home fund. The Rev. Ephraim D. Lowe has accepted an invitation to extend his pastorate at the Olive Branch Christian church ten years, he announced Sunday. Mr. Lowe came to the Indianapolis church Nov 1,1921, when it had a membership of 500, since increased to 1,320. Albert W. Levi, Indianapolis, was a winner of the class of 1886 prize in oratory at Dartmouth college, Hanftver, N. H„ according to word received here today. Charles E. Rhetts, Salem, ind., won the Barge medal for oratory, at Dartmouth. Amendments proposed for the city’s traffic code will be explained by Todd Stoops, secretary-manager of the Hoosier Motor Club, at a meeting at 8 Friday night of the Indianapolis Federation of Community Civic Clubs in the Chamber of Commerce. Prominent Jewish leaders of the city will meet Tuesday night at 6:30 at the Broadmoor Country Club to discuss local problems and plans of the Jewish Welfare Fund. J. A. Goodman, president of the fund, will be hsot. Frank Mayr Jr., secretary of state, and Floyd M. Williamson, auditor of state, will be the principal speakers at the meeting tonight at the Claypool hotel of Marion County Women’s Democratic Club. Mrs. George Dryden Yeazel will preside. Three men were sentenced in criminal court today on larceny charges. They were: Frank Ellis, 26, one year on the state farm; Carl Chandler, 17, four months on the farm; anA Lamor Peterson, 23, Negro, six'&onths on the farm.

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 appeared in Saturday’s Times: Snow Set Fire to a Car of Iron—During the winter of 1900, while employes of the Trigg Shipbuilding Company, Richmond, Va., were loading a car of iron filings and lathe cuttings for shipment to a smelter, the car and contents caught fire during the night and burned. Snow blew through the openings of the car, causing rapid oxidation of the newly cut iron and steel from nascent water of the melting snow, which resulted in the firing of the car. This was witnessed by Clarendon lons, Realty Board building, Miami, Fla., who assisted in loading the car. The Man Who Couldn’t Talk Without Lying—The Civil war veteran, who, until his recent death, lived in Letohatchee, Ala., had a bullet lodged in his throat in such way that the pressure affected his voice. Unless he lay fiat on his back, he could not utter a word. This unique case is attested to by Mrs. A. E. Perry of Manitou, Colo., who sketched the drawing. An Apple Was Originally “a Napple”—Brocket gives “napple” as the ancient English spelling of the word “apple.” There are several such words beginning with “a,” the spelling of which underwent a similar transformation. Thus “apron” was originally “napron,” “orange” was norange,” etc. A Storage Battery Does Not Store Electricity—When the two terminals, positive and negative, of a storage battery are connected, a chemical action takes place which causes it to produce an electrical spark. Electricity can not be stored, but is available through its agents when the chemical action is caused to take place. Electricity from a dynamo is not available until it is created in the magnetic fields as it turns, bfeing driven by another power. Tuesday “The 120-year-old Man Who Grew a New Set of Teeth.”

INDIANAPOLIS POWER & LIGHT COMPANY 6% Cumulative Preferred Stock Price SIOO Per Share and Accrued Dividend Subscriptions may be made through any company employee at our office, or at the offices of Fletcher American Company or The Union Trust Company of Indianapolis. Utilities Power and Light Securities Company Phone Riley 7621 48 Monument Circle, Indianapolis, Ind, $ Indianapolis Power & Light Company Investment Department

R V Registered U. 8. y Fatent Offic RIPLEY

Dow-Jones Summary

French loan of 1.100.000,000 francs, accepted by Polish government to complete railway in upper Silesia and Baltic seaport of Gdynia. Reduction of $5 a ton In price of newsprint announced by Canadian mills effective May 1. Retroactive from Jan. 1 to April 1, a reduction of *3 will be made. Texas Gulf Sulphur in quarter ended March 31, earned 96c a share against $1.50 in like quarter of 1930. Commonwealth Edison auarter ended March 31, net income $5,227,388 against 5,120,866 In like quarter 1930, twelve months ended March 31, net income, $1,509,111 against $16,501,855. Stocks of crude rubber in London on April 18, totaled 85,704 tons and increase of 1,283 over preceding week, Liverpool crude rubber stocks totaled 51,221 tons, an increase of 1,488 tons. Proposed transaction of Allis-Chalmers Manufacturing with Advance Rumely involves purchase of certain of Rumely s assets including good will, but does not involve acquisition of any Rumely stock. Southern Pipe Line Company declared regular quartery dividend of 50c payable June 1, received May 15. Brockway Motor Truck Corporation and subsidiarie Indiana Truck Corporation year ended Dec. 31. net loss $3,551,857 after interest investment adjustment provision against foreign and domestic acounts receivable and other extraordinary charges against net profit $280,041 in 1920 equal after allowance for dividend requirements on 7 per cent preferred to 54 cents a share on 219,081 common shares. Creditors agreement of Brockway Motor Truck Corporation has been declared operative as of April 14. London bar silver 13 5-16d. off 3-16d; forward 13 s /*d, off 3-16d: Gold bars 84s, 1074d. ud %and. Southern Colorado Power Company declared regular quarterly dividend of 50c on clas A common, payable May 25. record April 30. Beechnut Packing Company quarter ended March 31. profit $608,817 after charges, but before federal taxes against $614,031 in March auarter. 1930. Balance after allowing for estimated federal taxes and dividends on forty-five shares of class A 7 per cent preferred outstanding was $536,878 eaual to $1.20 a share. Par S2O on 446.250 shares common against $554,339 or $1.24 a share on 425.000 common shares in first auarter last year. New York cables opened in London at 4.85 13-16, unchanged: Paris checks. 124.25; Amsterdam, 12.102; Italy, 92.765; Berlin, 20.405. Daily average California crude oil output during week ended April 18 totaled 525.800 barrels, decrease 2.050 barrels, according to California Oil World.

.APRIL 20, im

WEATHER NEWS FORGES FUTURE MARKET LOWER * Rain and Snow Reports in Northwest Have Bear Influence. BY HAROLD E. RAINYILLE United Press SUS Correspondent CHICAGO. April 20. —General rains and snows in the northwest over the week-end removed a large part of the drought fears for the spring wheat regions and wheat broke a good fraction on the Board of Trade today. Uncertainty over the sufficiency of the moisture and the strength at * Liverpool offset the news somewhat The English market seems to regard the moisture as light and was stronger than expected. While more rains or snows are forecast, the weather is below freezing and may get colder. Corn was nearly steady with more liquidation in May. Oats were steady to weak following corn. Liverpool Moves Up At the opening wheat was % to % cent lower with May unchanged, corn was unchanged to % cent lower and oats were unchanged to % cent lower. Provisions were weak. Liverpool was firm and continued to advance on a good continental and far eastern demand for southern hemisphere wheat and bullish weekly statistics, showing % to 1 cent higher at mid-afternoon. Buenos Aires was % to % cent higher at the start. There was a decided change in weather conditions, rains were reported in the southwest, middle west and lower lakes regions. But the matter of the sufficiency of the precipitation in the American northwest has not been determined. Rain, Snow Reported Rains and snows, mostly snow, was received in Canada. The forecast is for much colder weather over the entire affected area with snows in all states except Illinois, Indiana and Missouri. Liquidation of May com has been going on for two or three days and that month weakened in comparison with the deferred deliveries. The shipping demand is not up to expectations. The market follows the lead of wheat and probably will continue to do so. The situation in oats is unchanged The buying is mostly by cash interests who find a ready market for their grain. Chicago Grain Table —AprU 20— WHEAT— Prev. Hi(fh. Low. 11:00 close. May (old) BS% .83 .83% .83 July 647* .84*4 .64% .65% Seot 65 .64% .64% 65% Dec 68% .67%® .67% .687* CORN— May (old) ... .60% .60 .60 ,eo% July 62% .62% .62% .62% Sept 61% .61% .61% .61% Dec 54 s /* .54% .54% 54% OATS— Mav (old) 30% .30% .30% .30** July 31% .31 .31 .31 % Sept 30% .30% .30% .31 % Dec 32% .33 BYE— Mav (old) 37% .37% .37% .37% July 40% .40.40 40% Sept 41% .41% LARD— May 8 o 7 .862 July 8.75 8.77 Sept ... ... 8 90 8 95 By Times Special CHICAGO, April 20.—Carlots: Wheat, 13; corn. 176; oats. 13; rye. 0. and barley. 8-

Local Wagon Wheat

City grain elevators are paying 71c for No. i red wheat and 70c for No. 1 hard wheat

Investment Trust Shares

(By R. H. Gibson Sc Cos.) PRICES ARE TO 12 NOON C. S. T. —April 18Bid. Ask. Amer Founder’s Corp com... 4% 4% Amer & Gen Sec A 14% , Amer Inv Trust Shares 5 5 4 5% Basic Industry Shares 5% 6% Corporate Trust Shares 5% 6 Diversified Trustee Shares A., 17 17% First American Corp 7% 8% Fixed Trust Oil Shares 4% 5% Fixed Trust Shares A 14% ... Inv Trust NY. 7 8 Leaders of Industry. Series A. i% ... National-Wide Securities 6% 6% National Industry Shares 5% 6% No Amer Trust Shares 5% 6 Sel Amer Shares 5% 5% Shawmut Bank Inv Trust.... 11% 12% Universal Trust Shares 5% 6V* S W Srrauss Inv Units 23 Super Corp of Am Tr Sh A.... 6** 7y Fundamental Tr Sh (A) 6*/* 1% RAW SUGAR PRICES —April 18— High. Low. Close. January .... .... 156 March 1.57 1.56 1.56 May 1.25 1.24 1 24 July 1.33 1.32 1.33 September 1-41 1.40 1.40 December 1.49 1.48 1.48