Indianapolis Times, Volume 42, Number 296, Indianapolis, Marion County, 21 April 1931 — Page 12

PAGE 12

HOGS CONTINUE LOWER TREND AT CITY YARDS Slaughter Class Strong to 25 Cents Up in Cattle Trade. HOGS Early April Bulk T'lp. Receipt*. U $7.20® 7 8<) I7 0 6.500 15 7 30ft 7.90 7.90 6.000 16 7 25ft 7 85 7.85 7.500 17, 7 20® 7 65 7.85 7.500 18 7.30 ft 7.90 7.90 3.000 20. 7 25ft 7.85 7.86 7.000 21. 7.20® 7.80 87.80 8.500 Hogs were weak with most classes selling 5 cents off this morning at the city stockyards. The bulk, 140 to 300 pounds, sold for $7.20 to $7.80, top price holding at $7.80 early. Receipts were estimated at 8.500; holdovers were 234. In the cattle market slaughter classes were strong to 25 cents higher. Receipts numbered 1,400. Vealers moved upward, prices ranging 50 cents above those of Monday’s average at s9\iowi). Calf receipts were £>oo. Sheep were steady with receipts of 300. A few lambs held up to $9; springers selling at $lO to sl4. Chicago hog receipts were 21,000, including 5,000 direct. Holdovers, 7,000. Market opened very slow, few early bids and sales around 5 to 10 cents lower than Monday's average. Good to choice hogs weighing 170 to 210 pounds, sold at $7.65 to $7.75. No early sales on heavier weights. Cattle receipts 9,000. Calves 3,000 and steady to 25 cents lower. Sheep 13,000, and strong. HOGS Receipts, 8.500; market, lower. —Light Light—-(l4o-160) Good and choice...B 7.50 ® 7.60 Light Weights—-(l6o-180) Good and choice..., 7.80 0 80-200) Good and choice 7.70® 7.80 —Medium Weights—-(2oo-220) Good and choice.... 7.60® 7.70 (220-250) Medium and g00d.... 7.40 ft 7.50 —Heavy Weights—-(22o-250) Medium and g00d.... 7.20 ft 7.40 (220-250) Medium and g00d... 7.05 ft 7.20 (275-500) Medium and g00d... 6.00® 6.75 (110-120) Slaughter pigs 7.25 ft 7.40 CATTLE (Slaughter Class) Receipts. 1.4(H); market, steady. Good and choice $ 7.25 ft 9.50 Common and medium 5.50® 7.25 (1.100-1.500) Oood and choice 7.25® 9.50 Medium 6.00 ft 7.25 —Heifers—-(soo-850) Good and choice 8 7.25® 8.50 Common and medium 5.00 ft 7.25 Good and choice 5.00 ft 6.00 Common and medium 4.00® 5.00 Low cutters and cutters 2.50 ft 4.00 —Bulls (yearlings excluded) — Good and choice beef 4.00 ft 5.00 Cutter, common and medium.. 2.75 ft 4.00 CALVES AND VEALERS Receipts. 1)00; market, higher. Good and choice $ 8.50® 9.00 Medium 6.50® 8.50 Cull and medium 4.00 ft 6.50 —Calves—-(2so-300) Good and medium 5.00 ft 7.00 Common and medium 3.00 ft 5.00 STOCKERS AND FEEDER STEERS Good and choice 6.00® 7.75 Common and medium 4.25 ft 6.00 (800-1.500) Good and choice 6.00 ft 7.75 Common and medium 4.50 ft 6.00 SHEEP AND LAMBS Receipts, 300; market, steady. (Shorn basis, except spring lambs) Good and choice $ B.oo® 9.00 Common and medium 6.500 8.00 Spring lambs 10.00® 14.00 Medium and choice 2.50 ft 4.00 Cull and common 1.50 ft 2.50 Other Livestock By United Press EAST ST. LOUIS. 111.. April 21—Hogs— Receipts. 12.500; market, steady to 10c lower; early trade, mostly steady; top, 87.75: bulk. 100-240 lbs.. $7.5007.70: 250280 tbs.. 87.25ft7.40; sows. 56.15. Cattle — Receipts. 4.500; calves, receipts 2,000; market, run largely steers, mixed yearlings and heifers; some early sales steady with lower understone: vealers. 25c lower; t.op. $8.50; other classes, steady. Sheep -Receipts, 1,200; market, slow', mostly steady; packers, talking lower; small lots choice lambs to city butchers. $8.50. By United Press CLEVELAND, April 21.—Hogs—Receipts, 1,500; holdovers, 299; around 15c lower; early bulk 150-210 lbs. weights. $8; 220250 lbs., $7.65 to $7.75; 260-300 lbs., $7.40® 7.50; pigs mostly, $7-75; sows. [email protected]. Calves— Receipts. 200; steady; few steers, $7ft7.50; low cutter to medium cows. $4.50 fts; good Kosher cows, $5.50; most sausage bulls, $3.75ft5. Calves —Receipts 800; steady; good and choice vealers, $9 and $10: iower grade lightweights active; higher In spots; not many culls below $6. Sheep—Receipts. 1,000; mostly steady to weak; spots lower; duality rather plain; good to choice clipped lambs, [email protected]; top. $9.75; shorn ewes, $3.5004.50By United Press TOLEDO. April 21.—Hogs—Rece*pts, 350; market 10c to 20c lower; heavies, $6.5007: mediums. [email protected]; yorkers, $7.25 ®7.50; pigs. $7.4007.65. Cattle—Receipts, light; market, strong. Calves—Receipts, light; market, steady. Sheep—Receipts, light; market, steady. By United Press EAST BUFFALO, April 21.—Hogs—On sale, 400; slow, steady to 10c lower: desirable 120-210 lbs., $8.1508.25; 240-250 lbs., $7.75 07.90. Cattle—Receipts, 25; cows, unchanged; cutter grades, $2.2503.75; calves, receipts, 200; vealers, steady; $9.50 down. Sheep—Receipts, 300; lambs, steady; quality and sorts considered; good to choice shorn lambs. $9.25ft9.50; woolskins, absent. By United Press PITTSBURGH. April 21.—Hogs—Receipts, 500; holdovers. 1,200; market, sft 15c lower; 150-210 lbs., $8ft8.10; 220-260 lbs.. *7.60ft7.90; 100-140 lbs., $7.7508; packing sows, steady, bulk $6.2506.50. Cattle—Receipts, 10; market, nominal; calves, receipts. 100; market, about steady; food, choice light and medium vealers, 7.50ft9.50. Sheep —Receipts, 500; shorn lambs scarce: quoted weak to lower; aged stock about steady; desirable shorn wethers, $4.50 0 5.50. By United Press LAFAYETTE. Ind.. April 21.—Hogs— Market. 10c lower: 160-180 lbs., $7.60; 180200 lbs.. $7.50; 200-210 lbs.. $7.40; 210-220 lbs.. $7.30: 220-240 lbs.. $7.20: 260-280 lbs.. S7: 280-300 lbs.. $6.90; 3CO-325 lbs.. $6.75; 140-160 lbs.. $7.25: 120-140 lbs.. $7.10; 100120 lbs.. $7: roughs. $6 down; top calves, $8: top lambs. $9; spring lambs, $12.50. By United Press FT. WAYNE. Ind.. April 31.—Hogs— Market, steady to 15c lower: 100-140 lbs., $7: 140-160 lbs.. $7.25: 160-180 lbs.. $7.40; 180-200 lbs.. 57.50; 200-220 lbs.. $7.40: 220340 lbs.. $7.25; 240-260 lbs.. $7.15; 260-280 lbs.. $7.05 : 280-300 lbs.. $6.95; 300-350 lbs.. $6.85; roughs. $6; stags. $4.50; calves. $8.50; wool lambs, $9: clip lambs, $8; spring iambs. $lO. By Times Special LOUISVILLE. Ky. April 21.—Hogs —Receipts. 500; market 10c lower: 250 lbs. up. $7.10: 175-$5 O lbs.. $7.65; 130-175 lbs.. $6.95; 130 lbs. down. $6.30: roughs. $4.6005.60. stags $3.85. Cattle —Receipts. 100; market steady; prime heavy steers. $7.50® 8.50; heavy shipping steers. $6.2507.50; medium and plain steers. $5.50 0 6.25; fat heifers. $6.50 08.50; common to medium heifers. $5®6.50; good to choice cows, $4.50 <15.50: medium to good cows. $3.5004.50; cucers, $3.25 ft 3.50. canners. s3.so'u 3 bulls. $3.50®5.25: feeders. $6.5007.50: medium to good feeders. $506.50; Stockers, $5.5007.25. Calves—Receipts. 300; market steady; good to choice, $707.50; fancy higher; others $5 down. Sheep—Receipts. 50; market steady; spring lambs. $10011.50: choice. sl3. fall lambs. 57.50ft8.50; seconds. $5.50; clipped sheep. $304. Monday's shipments: Cattle. 92; calves. 352; hogs. 249; sheep, none. By Untted Press CINCINNATI. April 21.—Hogs—Receipts, S.800; heldover none: moderately active, lower; better grade. 160-220 lbs. largely, $7.90: 230 to around 250 lb.. $7.5007.75; 260-3lff lbs.. $707.40; 120-150 lbs. mostly. *7.50; sows weak, spots. 25c lower; bulk. $5.75®6. Cattle —Receipts, 375; calves, 425: steers and heifers about steadv; odd lots, common and medium. $5.750 7; better finished yearlings, $7.5008; cows strong to 25c higher; most beef grades. $4.50 ii 5.50: bulk low cutters and cutters. $3.75 04: bulls 25c higher; practical top. $5. vealers steady: good and choice. $7.50 08.50; lower grades. $7 down. Sheep—Receipts. 200: spring lambs weak to mostly 50c lower at $13.50 downward: some 65 to TO-lb. weights. sl3: sheep weak to 50c lower; fat ewes. $3.50 down; old crop lambs absent. Building Permits Banquet Ice Cream Company, new elevator. 1214 Southeastern. $1,900. Mrs. Anna Kealing. addition. 733 Campbell. S3OO. Attlllo Meastropole. alterations. 1254 Edeemont, S2OO. Neva Teckenbrock. alteration. 2039 Park. *7OO. . Arthur Jordan Conservators- of Music. Sign. 1304 North Delaware. $350. Mrs. Anna Rav. adltion. 833 South Noble. *I.OOO. Summit Realty Comoanv. repair elevator. 3035 North Meridian. $250. Joseph Gallagher, repair. 2501 Ashland. $260. H. Shoemaker, garage. 5130 North Pennsylvania. $250 Dr. Oltn Bookwalter. oil burner. 5250 Washington boulevard. sllO.

New York Stocks 1 'By Thomson Si McKinnon) ■

—April 21— Railroad*— Tree. High. Low 11:30 close. Atchison 170 169 169 % 158* Atl Coast Line 99 99 Balt & Ohio 88 67% Chesa & 0hi0... 40% 39V 40 40'. Chesa Corp 40% 43 W Chi Ort West 6 Chi N West 34V 34V C R I & P 51 Vi 51 Del LAW 70 69 Erie 28% 25% 25% 26% Erie Ist pfd • .. ... 32 Great Northern 58% mmols Central. 61V 60% 60% 61V, Lou Sc Nash ... 83 I M K & T 17 Va 1 Mo Pacific ... 37 Mo Pacific pfd ... 73 N Y Central ....105 103'* 103'* 105 Nickel Plate 58 60 NY NH & H 75* 74* Nor Pacflc 46 V 46 O Sc W 6'* Pensylvaata .... 57* 56 58* 57 Reading 70'* Seaboard Air E % So Pacific 92V 91V 91V 92* Southern Ry... 39% St Paul 5% St Paul pfd 9 B'* B'* 9V 8t fit & 8 F 23 24* Union Pacific ..168* 168 168 V 167 V Wabash 15 W Maryland 13 West Pacific 10 Equipments— Am Car Sc Fdy 25* ... Am Steel Kd... 20 * 20 20 20* Am Air Brake 8 30* Gen Am Tank.. 63 62* 62* 63% General Elec.... 44% 43* 44* 44* Lima Loco 25 N Y Air Brake 19 Press Stl Car 4* Pullman 44 43* 44 43* Wcstlngh Ar B 30* 30 Westingh Elec.. 77* 76 76V 77 Rubbers— Fisk * * Goodrich 13* 11 11* 13* Goodyear 42* 39V 39* 42* Kelly Sprgfld ... 2* 2 U S Rubber.... 16* 16 16 15* Motors— Auburn 204 190 194 201 Chrysler 31* 20* 20* 21 Gardner * ... Graham Paige. 5 General Motors 44* 43* 43* 43* Hudson 19 18Vs 18* 18* Hupp 9 8* Mack 35V 35 35 35V Nash ... 34 Packard 8* 8* 8* 8V Reo ... ... 7* Studebaker 22'/* 21* 21* 22* Yellow Truck 10* 10* Motor Access— Bendix Aviation. 20 19* 19* 19* Borg Warner ... 23* 23* 23% 23* Briggs 17* 17* 17* 17V Budd Wheel 9 9 Campbell Wy 12* Eaton 18* 16* 16* 16* El Storage B 57* Hayes Body 4* 4* Houda 6* 6 Motor Wheel 15* Sparks W a* 8* Stewart Warner. 15* 15 15 15 Timkin Roll 47* Mining— Am Smelt ... 43* 43 Am Zinc 5 Anaconda Cop .. 31* 30* 30* -31 Cal & Hecla 8* Cal & Ariz ... 38* Cerro de Pasco.. 20* 20* 20* 20* Dome Mines .... 11* 11* U* u* Freeport Texas 33* Granby Corp 16* 16 Great Nor Ore 22* 22* Howe Sound 21* Int Nickel 16V 16* 16V 16‘ t Inspiration 8* Kennecott Cop.. 22* 22 V 22* 22V Magma Cop ... 19* Miami Copper 7V Nev Cons 10V 10* 10 V 10* Texas Gul Sul.. 45 44% 44* 44* U q ß Smelt 20* 20 Amerada 18 ... Atl Refining 16 V 16V Barnsdall 10 9% 10 10 Houston 11* 11 11 11 Indian Refining 3 V 3 Ohio Oil 12 11* 11* 11* Mex Sbd 19V 19 19V 19 Mid Conti 10 Pan-Amer <B) 32 Phillips 9* 9* Pr Oil Sc Gas 12* 12* Pure Oil 7* Richfield ... 2* 2% Royal Dutch.... 31* 31* 31* 31'/a Shell Un 6* 6* Sinclair 11* 11* 11* 11* Skellv ... ... 6* Standard of Cal 42* 42 43 42 Standard of N J 40 39% 4040% Standard of N Y 20* 20* 20V 20* Texas Cos 26* 26* 26V 26* Union Oil 19* 20 Steels— Am Roll Mills 29* 29* Bethlehem .... 50 49* 49* 49* Byers A M 43% Colo Fuel 17* 17* Cruc Steel 47* 48 Ludlum 14* 14V Midland 20‘/s Newton 16% Repub I & 5.... 16 15% 15% 15* U S Steel 131 V 129% 129* 130* Vanadium 45* 44% 44* 44* Youngs S & W 21 Tobaeoos— Am Sumatra ... ... 9* A Tob A (new) 128% 127 127 127 A Tob B (new) 132* 130** 130* 131* Con Cigars 36 General Cigar 40* Llg & Myr.. (B) 86 85* 85* 86 LorlUard 97 95V 95* 19% Phil Morris 11 Reynolds Tob.. 51V 51* 51* 51* Tob Pr A 13 12* 13 13 Tob Pr B 3% United Clg 6* Utilities— Abitibi 7 Adams Exp 18% 18 Am For Pwr.... 36% 35V 35% 35* Am Pwr & Li 46* 47% A T & T 189* 186* 186% 189* Col Gas & El 35* 35* 35* 35% Com & Sou 9* 9 9* 9 El Pwr & Li.... 48V 46* 46* 48 Gen Gas A 6 5V 5* 6 Inti T & T.... 30* 29* 29'* 30 Natl Pwr & LI. 34 33* 34 34V No Amer C 0.... 72* 71% 71% 72V Pac Gas Sc E 1... .48* 48* 48* 49 Pub Ser N J 82 81 81 82* So Cal Edison 47% 46* Std G Sc El 73 71* 71* 72* United Corp... 23 V 22* 22% 22* Ut Pwr & L A... 25* 24* 25 25 West Union ...121* 115 V 118 122 Shipping— Am Inti Corp 17* 17V Am Ship Sc Com 1 ... Inti Mer M pfd .. 10 United Fruit 56* 56V 56% 56* Foods— Armour A 2* 2V 2 V 2* Cal Pkg 33 33% Can Drv 38 37* 37* 36% Childs Cos 26* 26 Coca Cola .• • ... 150 Cont Baking A 15% 15* Corn Prod 73% 73 73% 73% Crm Wheat 29% ... Cudahy Pkg 44 Cuban Am Sug 4 Gen Foods 53% 53 Grand Union .. 14V 14* 14* 14* Hershey 96% 95 Jewel Tea 45 44% 45 45 Kroger 29* 29 29 30 Nat Biscuit 76 74* 74* 75* Safeway St .... 51* 61* 51% 52 Std Brands ... 18 18 Ward Bkg 4* 4* Drugs— Coty Inc 11 11 Lambert Cos .... 82 81 81 82 Industrials— Am Radiator .. 16* 16% 16 Vi 16 Bush Term .... 20* 18 18 31 Certainteed 5 Gen Asphalt ... 24Vs 24 24 25% Otis Elev 46 * 46* Indus Chems— Allied Chem ...136% 133* 134 136% Com Solv 15* 15 15 15 Union Carb .... 60 58* 58* 53% U S Ind Alco 37* 37% Retail Stores— Gimbel Bros 5* 5% Kresge S S 26* May D Store 33 Mont Ward ... 21* 20* 20% 21% Penny J C 35* 35% Schulte Ret St 10 10 Sears Roe 51* 50V 50V 52 Woolworth 62 V 61V 61 Vi 61* Amusements— Bruns Balke 9 ... Col Graph 11 10% 10% 10* Eastman Kod ...156* 154 154* 157 Fox Film A ... . 23* 22* 22* 23* Grigsby Gru 4% ... Loews Inc 46 V 45* 45* 45*

New York Curb Market

(By Thomson Sc McKinnon) —April 21— 11:30' 11:30 Am Com Pwr.. 14% Midwest U 20* Am Gas <& E 1... 70 jNewmont Min .. 22* Am Lt & Tr 45% Nla Hud Pwr .. 11% Ark Oas s%;Noranda 23 s * Aviation of Am 27 .Penroad 6* Brazil Pw & Lt aOH.Prinee Sc Whtly 1* Can Marc 3 1 Sel Indus 4* Cities Serv .... 17* Std of Ind 30 Cons Gas 91* Std of Ohio 51* Cord 10% Stutz 24% Crocker <fe Wh.. 12* Trans Air Trs.. 6 Durant Mot ... 2%jUn Gas 8 Ford of Can .. 23%; Un Lt Sc Pwr... 24* Ford of Ene .. 14* Ut Power 10 Hudson Bay .. 5% Vacuum Oil .... 49% Humble Oil .... 54* Van Camp 4% Int Pete 11%

Net Changes

By I'nitcd Prest NEW YORK. April 20.—Closing prices and net changes on principal stocks traded today on the New York stock exchange follow: Up. Off. Alaska Juneau 14 s * American Can 119 _ Amer & Foreign Pow 35 * \i American Telephone 189’j IS Auburn 301 2 Bethlehem Steel .......... 43 s * 3 Byers 43 s * ' Case 88 s . ** Consolidated Gas 96H l * • • Fox Film A 23’* .. s s General Electric 44 s * 'j General Motors 43 7 4* Gillette 32'* H International Telephone ... 30 * Loews Inc 45% .. McKeesport Tin Plate 90 Vi Montgomery Ward 21Vi 1 N Y Central 105 .. 1 Packard 8V Pennsylvania R R 57 I s * Radio 30** v* Radio-Keith 21 Sears Roebuck 53 I s * Standard Oil N J 40H * Transamerica ni£ United Corpn 22’, * U S Steel * 103. 2> Vanadium 44 s * .. v* Westinghouse Electric 77 .. * Worthington Pump 9'i % ..

Pa ram Fam 37% 36* 37 37* Radio Oorp 31 20* 20* 30* R K-O 31* 20V 20* 21 Schubert .. 5 Warner Bros .... 10* 10* 1&* 11 MiscellaneousAirway App 5* ... City fee St Pu 34V 34V Congoleum 10% 10 V Am Can 119 V 117% 118* 119 Cont Can 59* 59 59 59 Curtiss Wr 4 3* 4 4 Gillette S R .... 31* 31% 31* 32% Real Silk 17% Un Arcft 30* 288% 29* 29%

New York Bank Stocks

(By Thomson <Ss McKinnon) —April 20— Bid. Ask. America S3 55 Bankers 103* 110* Brooklyn Trust 462 472 Central Hanover 252 258 Chase National 89* 92* Chatham Phoenix Natl... 69 72 Chemical • 43* 45% City National 89% 92% Corn Exchange 109 113 Commercial 300 310 Continental 20 V 23 V Empire 57 60 First National 3.750 3,950 Guaranty 487 492 Irving 34* 36% Manhattan Sc Cos 82 85 Manufacturers 47* 49* New York Trust 164 169 Public 56 59

Produce Markets

Eggs (country run)—Loss off delivered In Indianapolis. 15c: benery quality No. 1. iec: No. 2. 15c. Poutrv (buying prices)—Hens, weighing 5 lbs. or over. 18c; under 5 lbs.. 18c; Lcgrtnr hens. 13c: capons. 7* lbs. up. 25c; 6%@7% lbs., 20c: under 6% lbs.. 20c: springers. 5 lbs. or over. 17c: or under 5 lbs.. 17c: ducks, springers. 11c; old cocks. 9®lie: ducks, full feather fat white 9c; geese. Bc. These prices are for No. 1 top duality auoted by Kingan Sc Cos. Butter (wholesale) —No. 1. 27® 28c; No. 2. 25ft26c. Butterfat —24c. Cheese (wholesale selling price per pounds)—American loaf. 22c; pimento loaf 23c; Wisconsin firsts. 19c: Longhorns, 17c; New York Llmberger. 30c. By United Press NEW YORK. April 21.—Potatoes—Market, new. firm; old. dull; Long Island. $1.85ft4 barrel; southern. $5.75®7.75 barrel; Maine. $3®3.85 barrel; Idaho. [email protected] sack; Bermuda. sß.softll barrel: Canada. s2@ 4.10 barrel. Sweet potatoes—Market, firm; Jersey baskets. 75cft53.90: Southern, baskets. 85c® $2.75. Flour—Market, dull and easy; spring patents. [email protected] barrel. Pork —Market, dull and lower; mess, $25.50 barrel. Lard—Market, dull; middlewest spot. .0895ft.0905r pound. Tallow —Market, firm: special to extra, 4@4%c. Dressed poultry—Market, firm; turkeys. 25 @44c; chickens. 26@36c; broilers. 30©47c; fowls. 14ft27c; Long Island ducks. 22c. Live poultry—Market, firm; geese. 10®12c; ducks. 140 25c; chickens, stags. 15 @ 17c; fowls. 25@27c; turkeys. Soft3oc; roosters. 14c; capons, 17ft35c: broilers, 25@41c. Cheese—Market, weak; state whole milk, fancy to special. 14@22*c; young America, 15%@20c, By United Press CHICAGO, April 21.—Eggs—Market, steady; receipts, 36,325 cases; extra firsts, 17*c; firsts, 16*c; ordinaries, Is*c; seconds, 14c. Butter—Market, steady; receipts, 13,749 tubs; extras, 22%c; extra firsts. 2@22Vc; firsts. 21®21%c; seconds, 20 ft 20 Vic; standards, 22%c. Poultry— Market, steady; receipts, 1 car; fowls, 20® 24c; springers, 26c; Leghorns, 21c; ducks, 21c; geese. 13c; turkeys, 22@25c; roosters, 14c: broilgrs. 35c. Cheese—Twins, 12% @ 12%c; Young Americas. 14*c. Potatoes— On track. 295; arrivals. 118; shipments, 520; market, steady; Wisconsin sacked Round Whites, [email protected]; Minnesota Round Whites. $1.30 @1.40; Idaho Russets. [email protected]; Texas Bliss Triumphs. [email protected]. By United Press CINCINNATI, 0., April Sl.—Butter steady; creamery in tub lots according to score, 21 ft 23c; common score discounted, 2@3; packing stock No. 1,18 c; No. 2,15 c; No. 3,8 c; butter fat. 21©23c. Eggs— Steady; cases Included; extra firsts, 16*c; seconds, 14c; nearby ungraded 16c; duck eggs, 14c; goose eggs. 30c. Live PoultryThin and coarse stock sell only at heavy discount; Fowls 5 lbs. and over, 21c - 4 lbs. and over, 23c: 3 lbs. and over, 23c; leghorns 3 lbs. and over. 20c; roosters. 12c; fnp s - 21c; stags, 17c; broilers new crop JVM fathered IV lbs. and over 32c; over i% lbs.. 38c; partly feathered. 20@25c; Leghorn broilers full feathered 1% lbs. and over,, 32c; over 1% lbs., 36c. POWER COMPANIES FILE PETITION FOR MERGER InsuU Owned Utilities Would Become One Unit. Merger of Attica Electric Company and Wabash Valley Electric Company into the Northern Indiana Power Company is proposed in a petition filed today with the public service commission. The -three companies operate in the same general territory in central and central western Indiana, and in general furnish a like service, including electrical energy and gas. The three companies are operating subsidiaries of the Central Indiana Power Company, InsuU owned. Under the proposed merger plan, preferred stocks of the Attica Electric Company and \yabash Valley Electric Company would be converted into preferred stock of the Northern Indiana Power Company, share for share. Common stocks of the two companies would be converted into common stock of the Northern Indiana Power Company. Other Livestock By United Press CHICAGO, April 21.—Hogs—Receipts, 21,000, Including 5,000 direct; slow. 5015 c lower than Monday’s average; bulk, 150210 lbs.. $7.50 0 7.70: top, '57.75; 220-310 lbSj, $7.45; pigs, $6.70®7.40; packing sov.-s. $5.75® 6.25; light wights, 140-160 lbs., good and choice, [email protected]; light weight, 160200 lbs., good and choice, [email protected]; medium weights, 200-250 lbs., good and choice, $71507.75: heavy weights, 250-350 lbs., good and choice, $6.65 0 7.30; packing sows, 275-500 lbs., medium and good, $5. <5 0 6.25; slaughter pigs, 100-130 lbs., good and choice, S7O 7,50. Cattle—Receipts, 9,000; calves, 3,000; largely steer and yearling run; early trade fully steady and fairly active; strictly choice steers absent; best early, $9 on medium weights and long yearlings; light yearlings heifers also up to $9; most other classes steady slaughter cattle and vealers; steers, 600900 lbs., good and choice, $7.75010; 900Ji22 good and choice, $7.75010; 1100J3OO lbs., good and choice, $7.50 0 9.75; Good and choice, $7.75®9.50; 600-1300 lbs., common ad medium, $5,750 7.75; heifers, 550-850 lbs., good and choice SO. <s@ 9; common and medium, $5.50(® 7.25; cows, good and choice, $506; common and medium, $4.5005; low cutter and cutter. $3.2504.50; bulls, yearlings excluded, good and choice, beer, $44/j----cu“er i° medium. $3.3504.50; vealers milk fed, good and choice, $809.25; medium, s6@B; cull and common, S4Si6; Stocker and feeder cattle: steers, 500 01050 lbs., good and choice. $6.7508; common ??EL? edium - $5 25 0 5.75. Sheep—Receipts. 13,000; better grade lighter weight fat 'voded lambs, active, strong to 10c higher at $9.7509.85; others slow; weightier kinds, $9.2509.50; sheep scarce; slaughter sheep and lambs: lambs, 90 lbs. down, ? ood a , l l d cholc B< s9@9-85; medium, sß.2sft 9; 91-100 lbs., medium to choice, $7.85® 9 ' ,5: wet Shts common, $6.7508.25; ewes, 90-150 lbs., medium to choice, $3 ft 4.2a; all weights cull and common, $1,500 Marriage Licenses Raymond S. Jolley. 31. of 310 North Illinois street, mochanlcal engineer and Gladys Elizabeth Briggs. 26. o! 3726 North Pennsvivania street. Charles Blake. 30. of 45 South West farmer, and Marie Osborne. 27. of 401 Norwood street. Charles W. Sebern Jr.. 27. of 630 East Seventeenth street, store worker, and Clara E. Hinkley. 19. of 124 West Southern avenue. Virgil Otis Nelson. 25. of 944 North Oriental, florist, and Isabelle B. Clouse. 21. of 2042 Brookside parkway, stenographer. Elmer Bailey. 22. of 2530 South California street. mechanic: and Marie BraggI °f 2215 South Illinois street. I Paul Benjamin Brown. 22. of 420 South Randolph street, insurance, and Florence Josephine Comado. 22. of 633 Stevens street. Chicago Stocks Opening (By James T. Hernia & Cos.) —April 21— Open; Onen Bendix Avia ... 19* Houdi A ... . 15' Bore Warner . 23* Elec Household. 25 Cord Corpn .... 11* Insul Com .. . 36'Com 1 Ch Cos C 6% lnsull 6’s 1940.. 88% Cont 1 Ch C pfd 37* Midland Uinte C 19% Grigsby Grunow 4* Middlewest Com 21 Chgo Securities. 18 s . Util Sc Indus Cos 6*

Local Wagon Wheat

City grain elevators are paying 71c lor No. 1 red wheat and 70c for No. 1 hard wheat NEW YORK COFFEE RANGE —April 20High. Low. Close. Mav *.70 4.57 4.60 Jul*- 4.82 4.75 4.78 September 5.02 4 87 4.95 December 5.13 4.58 5.01

THE INDIANAPOLIS TIMES v ' *

STOCK SHARES SELL DOWN IN LIGHTSESSION Wide Breaks in Special Issues Mark All Parts of List.

Average Stock Prices

Average of thirty industrials for Monday was 163.41. up 1.04. Average of twenty rails was 90.84. up .35. Average of twenty utilities was 63.18, up .03. Average of forty bonds was 95.65. off .09. BY ELMER C. WALZER United Press Financial Editor NEW YORK, April 21.—Further wide breaks in shares suffering from special developments marked Stock Exchange trading today. The market as a whole sold off. Steel common dropped to 129, a loss of more than a point. Heaviness in Steel common encouraged selling. Western Union slumped more than 6 points to a new low for the year, while Ingersoli Rand dropped a dozen points. Other shares to sell at new lows for the year or longer on losses of 1 to 3 points included Nickel Plate, the Frisco issues, Illinois Central, Associated Apparel and Goodrich. Continental Shares was a weak spot in the holding company issues. Most of Lift Off The main body of stocks was moderately lower. Auburn recovered half its early 10-point loss and declines in such leaders as Westinghouse Electric, General Electric, General Motors, Alaska Juneau, American Can and Bethlehem Steel generally were limited to less than a point each. Oils displayed the best resistance to selling pressure, leaders of this group holding close to previous levels. Coppers continued to reflect the poor price situation, while utilities continued under the influence of selling which made itself felt in the preceding session. Railroads Weaken Weakness In some of the minor railroad issues encouraged selling in some of the leaders of the group, New York Central falling below the low established last week. Pennsylvania lost nearly a point and Southern Pacific came within striking distance of its low of the year. Activity was light, sales for the first half hour amounting to only 200,000 shares. This absence of speculative interest was reflected in withdrawals of poor support in various leaders.

Bank Clearings

INDIANAPOLIS STATEMENT „ , —April 21— ClearinKS $3,495,000.00 Debits 7.032.000.00 CHICAGO STATEMENT . —April 21— Clearings $77,400,000.00 Balances 3,700,000.00 TREASURY STATEMENT „ . . , _ —April 21Net balance for April 13 $512,938,245.87 Expenditures 14,293,362.13 Customs rects. mo. to date.. 20.832,573.69

ADMIRAL INGERSOLL CLAIMED BY DEATH

Retired Naval Veteran Was Figure in Three Major U. S. Conflicts.

By United Press LA PORTE, Ind., April 21.—Rear Admiral Royal Rodney Ingersoll, 83, U. S. N.., retired, died at his home here today of uremic poisoning. He had been ill several weeks and unconscious since Thursday, life being sustained only by the fighting heart which carried him through three major wars of the United States, the Civil, Spanish-American and World wars. He was born in Niles, Mich.. Dec. 4, 1847. He became a midshipman at the age of 17 and was in seventeen battles during the Civil war, serving at one time on the famous warship Constitution—Old Ironsides. After the Civil war he attended the United States Naval Academy, and was graduated. He served in the Spanish American war in several parts oi the world. He was married in 1873 to Cynthia Mason of La Porte. His last active sea service was in 1904 when he was chief of staff under Rear Admiral (Fighting Bob) Evans during the around-the-world voyage of the navy. Read admiral stars were conferred upon him in 1908 and he retired from active service, going to La Porte. He was recalled to service during the World war and was made president of a special board on naval ordnance in Washington. Rear Admiral Ingersoll wrote several textbooks on ordnance and gunnery. He leaves his widow, a son, Captain Royal E. Ingersoll, now chief of staff to Admiral W. V. Pratt of the United States fleet, and a grandson, Royal R. Ingersoll 11, a midshipman at the naval academy. His wife and son, Captain Royal Eason Ingersoll, U. S. N„ were at the bedside at his death. Deaths Ellen Gallagher, 73. St. Vincent's hospital carcinoma. John Donahue. 39. 444 North Highland chronic myocarditis. Ottie Terrell. 1 month. Long hospital strangulated hernia. Mamie D. Burris. 43. 508 North JeSerson cerebral hemorrhage. Charles Herr, 56. Methodist hospital, carcinoma. * Margaret A. Rayls. 78. 3226 West Michigan, hypostatic pneumonia. Waiter Grose. 36, city hosiptal. lobar pneumonia. Nettie E. Shannon. 64. 6186 Ralston, chronic myocarditis. Dun ward Reddick. 15, city hospital cerebro spinalmeningitis. Edward C. Ossenforth. 49. Methodist hospital, acute myocarditis. Dock Bailey. 61, 3157 North Gale, arterio sclerosis. Samuel Dlone. 12. e Rily hospital abscess of shoulder. Sarah E. Little, 66, 2614 North Sherman Drive, chronic myocarditis. Sandria Roberson, 7, city hospital, acute mastoiditis. Andrew J. Bartee. 66. city hospital, appendicitis. Margaret Moore 84. city hospital, chronic myocarditis. Frank P. Fox. fj, 4311 North Meridian, carcinoma. Mary E. Mack. 77. 814 Tecumseh, acute cardiac dilatation. Louis C. Kritsch. 39. Methodist hospital, peritonitis. Aged Woman Fatally Hurt By United Press COLUMBIA CITY, Ind., April 21. —Mrs. Catherine Le Fever, 73, injured when she fll over a chicken crate, died alter an operation.

BELIEVE IT or NOT

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Bright Spots of Business

Substantial improvement in March steel business over February reported by United States Steel officials at annual meeting. Immediate present shows signs of business improvement, Walter S. Gifford, president of A. T. & T. says. Youngstown district employment shows gains. Nash Motors April orders show 6.16 per cent increase over March. F. W. Woolworth Company Easter week business above 1930 week, says H. T. Parson, president. Bohn Auluminum and Brass Corporation first quarter earnings equal to $1.24 a share, against $1.12 in like 1930 period.

The City in Brief

Plans for a larger and pretentious Bible school during the fall and winter of 1931 and 1932 were formulated Monday night when fifty-two Bible school teachers were graduated from the Marion County Christian Church School Union in Central Christian church. E. M. Elliott, president of the Indianapolis Board of Trade; Edward B. Raub, attorney, and William H. Howard, secretary, will represent the local group at a national convention of the United States Chamber of Commerce at Atlantic City, N. J„ April 28 to May 1. Thomas A. Moynahan, head of the Moynahan Construction Company, was elected president of the Apartment Owners’ Association at a directors’ meeting Monday. The directors named H. H. Woodsmall Sr., vice-president and treasurer; Wiiliam L. Elder, second vice-presi-dent; Frank A. Throop, secretary, and T. D. McGee, counselor. William P. Snethen again was named manager. Births Bovs John and Mary Radez. 741 Haugh. Earl and Verna Spurgeon. 1433 South New Jersey. Lester and Lena Boughton, St. Vincent’s hospital. Rudolf and Elizabeth Haerle. St. Vincent’s hospital. John and Clara Conway. St. Vincent’s hospital. John and Catherine Elixman, St. Vincent’s hospital. Everett and Ulta Lowder. St. Vincent’s hospital. Clarence and Viola Matthews. St. Vincent’s hospital. William and Martine Knapp, Coleman hospital. Charles and Almeda Dusenbery. Coleman hospital. Homer and Gladys Dusing. Methodist hospital. Howard and Cecil Quinn. 738 Elm. Charles and Mabel Grlner. 1523 Comer. Thomas and Elizabeth Moshensrose, 60 North Denny. Clvde and Hattie Mitchel. 412 Moreland. William and Ethel Oliver. 3656 West Tenth. Victor and Rose Goldberg. Methodist hospital. Robert and Ethel Spiker. 1569 Shelby. Girls Joseph and Gladys Dracon, St. Vincent’s hospital. Donus and Roxie Denny, St. Vincent’s hospital. Robert and Ethel Wechsler, St. Vincent’s hospital. Lloyd and Gladys Reed. Coleman hospital. Grafton and Helen Wood, Coleman hospital. Charles and Mary Baglan, Coleman hospital. Julius and Mary Many. 272 lowa. Edwin and Lorena Britz, 401 North Oxford. • Charles and Sarah Park, 4006 West Michigan. Frank and Nellie McHenry, Methodist hospital. Clarence and Esther Bernhart, Methodist hospital. Earl and Gladys Phillips, Methodist hospital. William and Martha Kldwell, Methodist hospital. John and Vohnelle Hinds. 814 East Thirteenth. Carl and Ruth Allen, city hospital. Peter and Mary Lupus, iOOI Elm. Twins Paul and Hester Battreall, St. Vincent’s hospital, girs. Teacher 49 Years Quits By United Press PORTLAND, Ind., April jQ.. —J. Walter Fiers, an instructor in the Redkey schools, has tendered his resignation after forty-nine years service. He has anounced that he will devote his time in the future to compiling a pioneer history.

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 Monday’s Times: The Monument to Benedict Arnold—ln what was until recently a deserted corner of the battlefield of Saratoga stands one of the strangest monuments in the world. The front of the monument, illustrated in “Believe It or Not,” Feb. 21, 1931, is a memorial to a man’s left leg, because Arnold’s left leg was considered the only heroic part of his body, due to two wounds received at the battles of Quebec and Saratoga. On the reverse side is the inscription portrayed in my cartoon of April 20. The stone was cut at the marble works of James E. Lynch of Poughkeepsie, N. Y., and erected by General John Watts de Peyster of Tivoli, N. Y. Arnold’s name was left off because it was feared someone might deface it, but the inscription identifies the hero. Wednesday—“ The Man Who Holds the Non-Stop Cold Shower Record.”

Investment Trust Shares

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E-C r Registered O g. JLf V Patent Office RIPLEY

Dow-Jones Summary

London bar silver 13*d. off l-16d; forward. 13 3-16d, off l-16d. gold bars. 81s, 9%d. off %and. Chesapeake & Ohio including Rocking Valley Railways March surplus after charges and sinking fund appropriations $1,762,221 against $1,612,142 in March, 1930. Three months $5,016,484 against $6,970,816. Daily average production of crude oil in United States week ended April 18 totaled 2,418,431 barrels, an Increase of 119,779 barrels, according to Oil and Gas Journal. Humble Oil and Refining Company will reduce tariffs on practically its entire system on delivery charges on crude oil approximately 20 per cent effective as early as interstate schedules can be made to apply, YV. S. Farish, president, states. Price reduction in east Texas field ranging from 5 to 20 cents barrel also made. Sugar melt of fourteen United States refiners from Jan. 1 to April 11 totaled 1,080,000 long tons against 1,270,000 like 1930 period. Deliveries were 940,000 tons against 1.125.000. New York cables opened at 4.85%. unchanged; Paris checks. 124.28; Amsterdam. 12.095; Italy. 92.765; Berlin. 20.41. Increase in allowable dally oil production of Oklahoma City pool to slightly more than 150,000 barrels daily from 125,000 barrels granted by state corporation commission. Western Maryland two weeks' April gross of $288,014 against $337,347 same week 1930. From Jan. 1 to April 14 gross $4,522.083 against $5,268,374. E. I. Du Pont preliminary first quarter net equal to sl.Ol a common share. Year ago $1.52. Jones & Laughlin Steel gets Sinclair order for about 35.000 tons pipe for pipe line connections in east Texas. Farm board wheat exports between 7,000,000 and 8,000,000 bushels out of 35.000,000 board said it would export. Chairman Stone states. Willys-Overland first quarter net $117,106 after charges year ago $136,443. Retail sales for period 20.924 units. Treasury offers to highest bidders $50,000,000 of ninety-one-day bills. This increases debt maturing within year to $2,804,973,500. Pierce-Arrow Motor Car first quarter net equal to sl.Ol a class A share. Year Ago $1.77. Car sales in quarter were 1.602 against 2,244 in first quarter 1930. It is believed the Bank of England secured bulk of 760,000 pounds; South African bar gold available in open market at price of 84s. 9%d. International Railways of Central America March balance for fixed charges $287.638 against $435,273 in March, 1930. Three months $882,539 against $1,226,360. International Printing Ink first quarter sales off 25 per cent from year ago. Eugene E. Andrews. Fred B. Gleason. James M. Hutton, Baxter Jackson and Edwin L. Wayman elected new directors. Pierce Petroleum Corporation for six months ended June 30, 1930. net loss $461,123 afer charges. In 1929 consolidated net profit $1,067,402. Charis Corporation declared usual extra of 25 cents and regular quarterly dividend of 50 cents on common, both payable May 1. record April 22. George A. Hormel & Cos. declared regular auarterly dividend of 50 cents on common, payable May 15. record May 1. Blauner’s. Inc., declared regular quarterly dividend of 50 cents on common, payable May 15. record April 30.

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.APRIL 21, 1931.

FUTURES HOLD WEAK TONE IN DULLJRADING Farm Board Rumor Sends Liverpool Down Early in Day. BY HAROLD E. RAIWILLE United Press Staff Corresoondent CHICAGO, April 21.—Wheat was uneasy and weak as the Board of Trade opened today. Liquidation developing in December is carrying that month off sharply. The rumor concerning the farm board dumping weakened Liverpool and unsettled the local pit. There was no additional rain of consequence in the northwest overnight. The nearby months were off only fractionally at the start. Buenos Aires reacted from the strong start and was only %c higher near noon. Com was steady to a fraction down in sympathy with wheat, but showed an unwillingness to follow. Oats were easy with wheat. Report Breaks Liverpool At the opening, wheat was %c to %c lower with May %c off; com was unchanged to l ic down, and oats were off Vsc to *c. Provisions were fairly active and steady. A Washington dispatch stating that the farm board regarded the time excellent for selling its large holdings in Europe and would dispose of them before July 1 broke Liverpool after a steady start, but on denial from Washington that any such move was contemplated, Liverpool recovered to stand * to % cent lower. Buenos Aires opened 1% to 1* cents higher. The weather uncertainties are creating an unsettled feeling, Monday's weakness being due to rains in the northwest. Much )ider weather was experienced last night from the Rockies to the lower lakes with rain or snow in most of the area east of the Mississippi river and with snow in Kansas and Nebraska. Corn Receipts Bearish The increasing receipts of com at terminal points with a very discouraging cash demand have coupled to weaken the maize pit. The decrease of 941,000 bushels in the visible supply was not impressive in view of- the opening of lake navigation. The weather is very unfavorable for field work. Trade in oats is running light. The cash demand is better than for com and cash houses are trying to fulfill requirements. Chicago Grain Table —April 21— WHEAT— Prev. Hifjh. Low. 11:00 close. May (old) 82* .82* .82* 32% July 63 7 s .63* .63* .64 Sept 63* .63% .63% .63* Dec 667s .66* .66* .67% CORN— May (old) 59* .59* .59* .59% July 62* .62 .62* .62* Sept 61% .61 .61* .61* Dec 54 .53* .54 .54* OATS— May (old) 30* .29* -30 .30* July 30* .30* .30* .30% Sept .30% .30* .30* .30% Dec 32% .32* .32% .32* RYE— May (old) 36* .36* .36* .37 July 39* .38% .38* .39* Sept 40* .40% .40* .41* LARD— May 8.60 8.60 Julv . .. 8.75 8.75 Sept 8.90 8.87 8.87 8.90 By Times Special CHICAGO. April 21.—Carlots: Wheat. 03; corn. 230; oats. 31; rye. 2. and barley. 17. New York Liberty Bonds —April 20— 3 Vis 101.23 Ist 4Vis 102.26 4th 4*s '. 103.30 Treasury 4*s 111.28 Treasury 4s 107.21 Treasury 3%s of '47 101.34 Treasury 3%s of '43 ICI2O RAW SUGAR PRICES —April 20— Hldh. Low. Close. January 1.50 1.48 1.48 March 1.56 1.54 1.54 May 1.24 1.22 1.22 Julv 1.32 1.31 1-31 September, 1.41 1.38 1.38 December 1.48 1.46 1.46 In the Air Weather conditions at 9 a. m.r Northwest wind, 19 miles an hour; temperature, 48; barometric pressure, 29.96 at sea level; ceiling, overcast, I,soo#feet; visibility, 3 miles; field, wet. Arrivals and Departures Hoosier Airport—Art Goebel, winner of Dole flight to Hawaii, Detroit to Dallas, Diesel-motored Waco; O. M. Walker, Terre Haute to Cincinnati, overnight, Swallow; L. G. Larson, Detroit to Wichita, Robin; Don George, Detroit to St. Louis, Gypsy Moth; Jack Holst, Detroit to St. Louis, Curtiss-Wright sedan. Municipal Airport—T. & W. A. passengers included C. L. Formigli of Berlin, N. J., to Philadelphia: Embry-Riddle passengers included Milton Sabath, from Chicago and return, and C. B. Burke from Philadelphia on T. & W. A., transfering here for Chicago on EmbryRiddle line. Mars Hill Airport (Curtiss-Wright) —Carl Batts, Detroit to St. Louis, Travel Air; Bill Long, Detroit to St. Louis, Verville.