Indianapolis Times, Volume 42, Number 297, Indianapolis, Marion County, 22 April 1931 — Page 12

PAGE 12

PORKER PRICES LOSE 15 CENTS IN WEAKTRADE Slaughter Class Cattle Slow With Lower Tendency. HOGS „ Early April Bulk. Top, Receipt*. 15. S7.SO® 7.90 $7.90 6.000 16. 7.25® 7.85 7 85 7.500 17. 7.20® 7 35 7.85 7.500 18. 7.30® 7.90 7.90 3.000 20. 7.25® 7.85 7.85 7.000 21 7.20* 7.80 $7.80 8.500 22 7.10® 7.65 7.65 7.000 Hogs continued the downtrend in evidence during the last few days this morning at the city stockyards, prices declining generally 10 to 15 cents. The bulk, 140 to 300 pounds, sold for $7.10 to $7.65, the latter figure holding as early top. Receipts were estimated at 7,000; holdovers were 152. In the cattle market. slaughter classes were slow with a lower tendency. Receipts were 1,600. Vealers held steady at $9 down. Calf receipts were 1,000. Sheep were little changed with a few spring lambs selling at $lO to $12.50. There was nothing attractive in sight for buyers. Receipts numbered 200. Chicago hog receipts were 16,000, including 3,000 direct. Holdovers, 8,000. Markets very slow; few early sales and bids on lightweights around 10 to 15 cents lower than Tuesday’s average. Good to choice hogs weighing 170 to 210 pounds were selling at $7.50 to $7.55. Early top held at $7.55; some held higher. Cattle receipts were 11,000. Calves, 3,000, and steady. Sheep receipts, 8,000 and 25 cents higher. HOGS Receipts, 7.000; market, lower—Light Light—-(l4o-160) Good and choice...s 7.50* 7.60 bight Weights—-(l6o-180) Good and choice... 7.60 (180-200) Good and choice.... 7.60® 7.60 —Medium Weights—-(2oo-220) Good and choice.... 7.50® 7.60 (220-250) Medium and good.. 7.30® *.40 —Heavy Weights— - , n (220-250) Medium and g00d... 7.10* (220-250) Medium and good.. 6.95® 7.10 —Packing Sows— - rn (275-500) Medium and g00d... 5.75* 6.-0 (110-120) Slaughter pigs 7.25® 7.40 CATTLE (Slaughter Class) Receipts. 1,600; market, steady. Good and choice ...J 5 2.25® 9.50 Common and medium ........ 5.50® (.23 (1,100-1.500) Good and choice J. 25$ 9.50 Medium 6 -o°© 7 25 —Heifers—-(soo-850) Good and choice .....$ 7.25® 8.50 Common and medium 5.00® i.** —Cows— , .. Good and choice. 6.00® 6.00 Common and medium $-92*. Inn Low cutters and cutters . —.. 2.50® 4.00 —Bulls (yearlings excluded)— Good and choice beef... f22 Cutter, common and medium.. 2.75® 4.00 CALVES AND VEALERS Receipts, 1,000; market, steady. SXr 1 lilt I:” Cull and’medium .! 4 - 00 * 6.d0 —Calves — * (350-300) Good and medium 5-SSf 1 son Common and medium ........ 3.00 w, 5.00 STOCKERS AND FEEDER STEERS dssjn&ttemiz::"- as a Good and choice' 8 .'. 1 :^.... 6.00® 7.75 Common and medium 4.50® 6.00 SHEEP AND LAMBS Receipts. 200; market, steady. (Shorn basis, except spring lambs' - nfl Good and choice S B.oog 9.00 Common and medium inoniuoo Spring lambs t’oo Medium and choice 2.ao@ iSn Cull and common l.ao* z.ou Other Livestock By United Press CHICAGO. April 22. —Hogs—Receipts, 16,000; including 3.000 direct; slow 10© 15c; lower than Tuesday s average bulk. 140-210 lbs.. $7.25®7.50; top. $7.55, 220350 lbs., $t>[email protected]; pigs. S6. to® <: packing sows. $5.75®6.15; light lights. 140-160 lbs., good and choice. $7.25*7.50, light weight. 160-200 lbs.. Rood and choice. Si.os ®7 55: medium weights. 200-200 lbs., good and choice. 57®7.55; heavy, weights. 2ao- - lbs good and choice. $6.50®7.10, packing sows 275-500 lbs., medium and good. $5*65*6.25; slaughter pigs. 1°?-130 1 good and choice. $6.75© 7.25. Cattle Re?2ints 11 000- calves. 3.000; better grade led steers and yearlings, fully steady; tairly active; such hinds scarce; lower grades, *t#adv to weak*, best fed steers early* $9.40, tome held around $10: most early sales. $7*?5®8.50: fairly liberal supply light yearlint? heifers steady to easy, larKel\ steer run Slaughter cattle and .vealers-Steers. aao-qoo lbs eood and choice, SBIO, you MOO lbs., good and choice. $8*10; 11001300 lbs., good and choice. 1300-1500 lbs., good and choice, si.is®9 r .ao. 600-1300 lbs., common and medium. $ 'P,'”ouu low u.. .r good and cho.ce. li 75®9 Sr common and medium. $5.50 * 7.25; 52™. and choice. ss@6; common ana o low cutter and cutters. 5 25®4'60- buUs. yearlings excluded, good S.H rhoiee beef s4®s: cutter to medium $5.25®6.75. Sheep—Receipts 8.000, .fat ifairlv active* stronfi to 15c bisher, 5w C S3??S dowmwsrflmost cl^ergs3^ |j“* d S^h^ol^nV n cioi^feo^ td !I#8? ; - all 'wSghri? commomfs6.7s 25-’ ewes 9 90-150* lbs., medium to choice. S®4 ss* 8i weights, cull and common. 11.50 * 3.25. By United Press rrwr.INNATI 0., April 22.—Hogs—RecePnts 1 950: heldover. 200: .slow about steady- some weakness on weighty butch--375™ slow? generally steadv; odd lots, lower a/ade |tee and Mileftad S of weji IKs 10 Volt" bwt h MWS S ' 1f.50k?50? bulk so aowju. lower grades .$7.50 down. SSl^R?ce $ lPts 350: slow: spring lambs. mostly 50c lower: better grades, common kind down to $lO or below. No old crop lambs or sheep on sale. By United Press EAST ST LOUIS. HI.. April 23.—Hogs—weretots 10 000; market, mostly 10c lower. Sfc.ir action on weighty butchers; bulk lbs?. 57.50®7.#0; W, ST6S; sows iJnstTv $6 Cattle— Receipts. 1.800; calves. Receipts 800; market, steers moderately acmixed yearlings and heifers strong 6 higher other classes steady; top vealers $8 75. Sheep-Receipts 1.800; market, slow; indications about steady. By Times Special LOUISVILLE. Ky.. April 22 —Hogs—Re- . aoO* market 10c low-er; 250 Ids. up, £?- pt vfsSas lbs. £7.55; 130-175 lbs.. $6.85; ’3O lbs "d0wn."56.20. roughs. Sues $8.75. Cattle— Receipts. 200. market steady: prime heavy steers. $7.50®8.50: heavy shipping steers. $6.25(27.50; medium and Plain steers. $5.50©6.25: fat heifers. §8 so- common to medium heifers, Iflelo- good to choice cows. $4.50®5.50. to good cows. $3 50*4.50; cutters. *3 25®3 50: cannera. $2 50®8. bulls. $3.50® 5 25 -feeders, $6 50 * 7.50. medium to good feeders $5&6.50; Stockers $3.50®. ,20. ralvee— Receipts. 200; market not vet established, prospects steady. Sheep—Receipts 350; market steady; spring lambs. Srjßßv fail lambs. *7.50 * 8.50. seconds. lijO Clpped sheep. s3®4. Tuesdays Shipments: Cattle, none, calves..9s; hogs, none; sheep, none. By United Press VAST BUFFALO. N. Y.. April 22—Hogs —Reeeipw 1-800; dependaole trade to •hiDoer and small packers; fully steady; bull desirable. 160-210 lbs. sß.ls plainer vinds $7 6037.75; one double outstanding 171’bs $525-. 230-250 lbs.. $7.7558. Cattle —Receipts. 25: cows, unchanged Calves —Receipts. 300: vealers. firm: good to cholceTsS to mostly $9 50: common and medium $5©7.50. Sheep—Receipts, 300: Smbs ’steady: better lots shorn iambs, so- o'her, downward to $8.50: shorn ?50 down. lew spring lambs, $10.50 ®13.50. By United Press PITTSBURGH. April 22 Hogs—Receipts, i mo* holdovers. 500; mostly 10c lower; I*o-220 lbs . $7.75®8; 230-37(5 lbs.. $7.40® 7 230-340 lbs. $7,100*7.35; packing *ow* mostly. $4®6.35. Cattle —Receipts, none; market, nominal. Calves—Receipts. 193- market, steady: choice medium weight vealers up to $9/50; light weight, mostly under *8: common ana medium. $4®6.50. c2. eD _Reeeiots. 500. lambs about steady; choice handy weight up to $10; medium to gcod lambs $8.50®9 50; better grade wethers. $5©5.60. By United Press TOLEDO. April 23 —Hogs—Receipts. 300; market 10c to 20c lower; heavies. $6.35® 688; mediums. *7*7J5: workers. $7.25® 750 Ctt!e— Rece’pta. 40: market slow Calves-Jtsceipts, light; market, steady. y>ep —Receipts, light, market, steady.

New York Stocks 'Bv Thomien ds McKinnon) ——————

—April 22 Rrev. Railroad*— High. Low. 11:30. close. Atchison 166 Vi 167V4 16$'.^ Atl Coast Line.. 94 89 89 95 Balt 6t Ohio ... 65‘4 64 6414 65* Chesa dt Ohio .. 39V, 39Va HV 39V, Chesa Corp 42 42 Chi Ort West 5% Chi N West .... 34 33V, 33*4 34 CRI Si P 49*4 4754 47% 49% De L ti W 68 ! . 68 68 68 V. Del & Hudson.. 132% 131% 131% 133 Erie 24% 24% Erie Ist pfd 33V, 31% Great Northern. 58% 58 58 98% Illinois Central 55% Lou dc Nash 82 83% M K ds T 17 17 Mo Pacific 72 N Y Central ...101 99% 99% 101 Nickel Plate 57 NY NH ds H ... 73% 72% 72% 72% Nor Pacfilc .... 45% 45% 45% 46 Norfolk ds West 188 188% O ds W 6% Pennsylvania ... 55% 56% 55 55% Reading 70 % Seaboard Air L % % So Pacific 90% 89% 89% 90% Southern Ry... 38 37% 37% 37 St Paul 5% 5% St Paul pfd 8% 8% St Lds S F.... 22% 22 22 23% Union Pacific ..163 161% 162% 162% Wabash 14 = , W Maryland... 12% 12 12 12% Equipments— Am Car ds Fdv. .. 35 Am Locomotive. .. ... 20 20% Am Steel Fd.... 19% 19% 19% 19% Am Airbrake 6.. .. ... 30% ... Gen Am Tank 61% 61% General Elec .. 43% 42% 43% 43% Gen Rv Signal 67 ... Pres3 Stl Car ... 4 4 Pullman ... 43% 42% Westingh Airb 30% 39 vyestingh Elec .. 75% 74% 75% 75% Rubbers— Fisk % % Goodrich 11% 11% Gcodyear 40% 39% 39% 40 Kelly Sprgfld 2 2 U S Rubber 15% 15% 15% 15% Motor*— Auburn 194 190 192 192% Chrysler 19% 19% 19% 20 Gardner % Graham Paige... 4% 4% 4% 4% General Motors 42% 41% 42 42% Hudson 17% 17 17 17% Hupp 8 8% Mack ... 34% 34% 34% 34% Marmon 7 7 Nash 33 33 % 32% 33% Packard 7% 7% 7% 7% Reo 7 7% Studebaker 20% 20% 20% 30% Yellow Truck.... 10% 10% 10% 10% Motor Access— Benix Aviation.. 18% 18% 18% 18% Borg Warner... 22% 22% 22% 22% Briggs 17% 16% 16% 17% Budd Wheel 8% 8% Eaten 15% 16 El Storage B 57% Hayes Body 4% Houda 6% 6 6 6% Motor Wheel... 14% 14% 14% .... SDarks-W 8% 8% Stewart Warner 14% 14 Timkin R 011.... 46 45% 46 46 Mining— Am Metals 17 Am Smelt 41% 41% 41% 42% Am Zinc 5 5 Anaconda Cop.. 30% 29% 30 30% Cal ds Hecla 8% 8% Cal G Ariz 38% 38% Cerro de Pasco 20% 20% Dome Mines 11% 11% Freeport Texas.. 32 30% 31% 32% Granby Corp ... 15% 16% Great Nor Ore.. 228 22% 22% 22% Howe Sound 21% 21% Int Nickel 15% 15% 15% 15% Kennecott Cop.. 22% 22% 22% 22% Miami Copper 7% ... i.'ev Cons 10% 10 10% 10% Texas Gul Sul.. 42% 42% 42V, 42% U S Smelt 19% 20 OilsAmerada 17% 17% 17% 17% Am Republic 6% Atl Refining .... 16% 15% 16 16% Baytisdall 9% 9% 9% 9% Beacon 8% Houston 10% 10% 10% 10% Indian Refining 33 Ohio Oil 10% 10% 10% 10% Mex Sbd 18% 17% 188% 18% Mid Conti 9% 9% 9% 9% Pan-Amer (B) ... 32 Phillips 9 9 Pi* Oil & Gas ... ... 12% Pure Oil 7% 7% Richfield 2% 2% Royal Dutch 30% *3l Shell Un 6% 6% 6% 6% Simms Pt 6% Sinclair 11 10% 16% 11 Skelly 5% 5% Stand of Cal 41% 40% 41 41% Stand of N J 38V, 38% 38% 39 Stand of NY . 20 19% 20 20% Texas Cos 25% 24% 25% 25% Union Oil 19% 19% Steels— Am Roll Mills.. 28 27% 28 28% Bethlehem 48% 47% 48 48% Byers A M 39% 38% 39% 39% Colo Fuel 16% 16% Cruc Steel 46% 47 Inland 57 57 Ludum 13% 13% 13% 13 Midland 20 19% 19% 20% Repub Ids S 15 14% 14% 14% U S Steel 127% 126% 126% 127% Vanadium 42% 41 42 ! s 42% Youngst S ds W 20% Tobaccos— Am Sumatra... 9% 9% 9% ... A Tob A (new) 124 124% A Tob B (new) 128% 128 128% 128% Con Cigars ... 34 35% General Cigar 40 Lig ds Mvr (B) . ... 85 84% Lorillard 19 18T4 18% 18% Reynolds Tob.. ' 50% 50% Std Com Tob 3% Tob Pr A 12% 12% Tob Pr B ... 3% 3% United Cig 6% 6% Utilities— Abitibi ... 7 7 Adams Exp 17% 17% 17% 17% Am For Pwr ... 34 33% 33% 34V# Am Pwr K 1d... 44% 44V# 44% 45% AT ds T 185% 184% 185 V. 185% Col Gas & E 1... 33 32% 32% 83% Com ds Sou .... 9% 9 9 9 El Pwr ds Li.... 45% 45 45% 45% Gen Gas A 5% 6 Inti Tds T .... 27% 26% 37y# 29% Natl Pwr & Li.. 32% 32% 32% 33% No Amer Cos ... 69% 68% 69% 69% Pac Gas & E... 48% 48V# 48% 48% Pub Ser N J ... 80 79% 79% 80% So Cal Edison.. 46V# 45% 45Vi 46% Std Gds El 70% 69% 70% 70% United Corp .... 32% 21V# 22 22% Ut Pwr & L A 24% West Union 115% 115% 115% 117% Shipping— Am Inti Corp .. 17 16% 17 17 Am Ship ds Com % % % l Inti Mer M pfd ... to United Fruit ... 56% 55% 56% 56 Foods— Am Sug 51% 53 Armour A 2% 2% Cal Pkg 33 52% 32% 32% Can .Dry S6 35ii Childs Cos 25% 261* Coca Cola 148% Cent Baking A.. 15% 15V# 15V# 15% Corn Prod 71 70% 71 70% Crm Wheat ... 29% Cudahy Pkg 44% ... Cuban Am Sug 4 Gen Foods 53% 52% 52% 53 Grand Union 14% Hershey 95% 95 95 s 95 Jewel Tea 45 44% Kroger 29 28% 29 28% Nat Biscuit 72 71% 72 73% Safeway St 50% 49% 50% 49% Std Brands 17% 17% 17% 17% Ward Bkgk 4% Drugs— * Coty Inc 10% 10% Lambert Cos 79% 80 1 Lehsi .and; Fink 29% 29% Industrial*— Am Radiator.... 16 1574 16 16 Bush Term 10 18 18 18% Certainteed ... 4% 4% Gen Asphalt... 22% 22% 22% 22%

Produce Markets

Bees (country run>—Loss off delivered in Indianapolis. 15c; henery auallty No. 1. 16c: No. 2. 15c. Poutrv (buvlne prices)—Hens, welehine 5 lbs. or over. 18c: under 5 lbs.. 18c: Leehnr hens. 13c: capons. 7% lbs. up. 23c: 6% 37% lbs.. 30c: under 6% lbs.. 20c: snrinsers. 5 ibs. or over. 17c; or under 5 lbs. 17c: ducks, springers, lie: old cocks. 9Sllc: ducks, full feather fat white 9c: geese. Bc. These prices are for No 1 top oualitv auoted by Kinean & Cos Butter (wholesale)—No. 1. 27®28e: No. 2. 25®26c. 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 22.—Potatoes—Market. old easy, new firm; Long Island. $1.85 ©4 barrel: southern. SS.2S®B barrel; Maine. 53®3.75 barrel; Idaho. 55c®5268 sack. Bermuda. $7®10.50 barrel: Canada. S2©4 barrel. Sweet potatoes—Market barely steady; Jersey baskets. 75c®53.40: southern baskets. $1.25®>4. Flour—Market steady and unchanged, spring patents. 5..35®4.i0. Pork—Market steady; mess. 523 50. Lard—Market, dull and lower; middlewest spot. $8.85®8.95. Tallow Market, easier: special to extra. 3 7 @4%c. Dressed poultry—Market, steadv to firm; turkeys. 25©44e: chickens. 26®36c; broilers. 30®48c; fowls. 14®27c; Long Island ducks. 22c. Live poultry Market, unsettled and weak: geese. io®l2c; ducks. 14 ©2sc. fowls. 25®27c: turkeys. 20®30c; roosters. 14c; chickens, stags. 15®17c; capons. 17©35c; broilers. 25®41c. Cheese— Market, ‘dull and weak: state whole milk, to 13@22%e; young AmerBy United Press CHICAGO. April 23.—Eggs-Market steadv. receipts. 26.360 cases, extra firsts. 17%c; firsts, 16%e: ordinaries. 15c: seconds. 14c. Butter—Market, steady: receipts, 7.088 tubs; extras. 22%c: extra firsts. 22©32Hc; firsts. 31®21%c; seconds. 20®20 jc: standards. 22'Uc. Poultry Market, firm, receipts. 2 cars; fowls. 21® 25c; springers. 26c; Leghorns, 22c: ducks. 21c; geese. 13c: turkeys. 22®25c: roosters. 14c: broilers. 34c. Cheese—Twins. 12%® 12%et young Americas. 14%e. Potatoes— On tract 258; arrivals. 88; shipments. ■ 48. market, steady to dull: Wisconsin sacked round whites. $1.45(*1.60; Minnesota round whites. $1.30® 1.40; Idaho rus- . $1.60® 1.70: Texas bliss triumphs. $4 ©4.25. By United Press CINCINNATI. April 22.—Butter—Steady; £T??i£ 6ry * u !> T°ts according to score. 21 ©23c; common score discounted JftSc; pademg stock. No. 1. 18c; No. 2. 15ct No. 3. 8. butterfat, 21® 33c. Eggs—Steady; cases Included; extra firsts. 16%c: seconds, 14c; nearby ungraded. 16c; duck eggs 14c; goose eggs. 30c Live Poultry—Thin and coarse stock sell only at heavy discount: fowls 5 lbs. and over. 31c: 4 lbs. and over. 23c; 3 lbs. and over, 23c; Leghorns. 3 lbs. and over 20c: roosters. 13c; slips. 21c: stags. 17c: broilers new crop full feathered 1% lbs. and over, 32c; over 1% lbs. 38c: partly feathered, 20®25c- Leghorn full feathered 1% lba. end over 32c; over 1% lbs.. 36c.

Lehigh Port T.. U Otis Elev 45% 44 45 45% Indus Chems— Allied Chem ...133 130% 131% 133% Com Solv 15 14% 14% .Va Union Garb..., 58% 57% 53 f % U 8 Ind A1c0... 37% 37 37 37% Retail Stores— Assoc Dry Gds 22*4 Gimbel Bros .... 5% 5 5% 5% Kresge S S .... 2874 26% 26% ... May D Store ...... ... ... 33 Mont Ward 20% 19% 20% 20% Penr.? J C 35V, 35% 35% 35% Sehulte Ret St.. 10 10 Bears Roe 51% 50% 50% 50% Woolworth 61% 61% 61% 61% Amusement*— Bruns Balke ..... 9 Col Graph 10H 10% 10% 10*4 Eastman Kod ...155% 153% 154% 153% Fox Film A 23% 22% 23 23 Grigf'oy Gru .... 4% 4 4 4% Loews Inc 44% 43% 44% 43 v# Param Fam .. . 34% 33 33% 34*5 Radio Corp ..... 18% 18 18% 19VI R-K-O 20 19% 20 20% Schubert 5% 5% Warner Bros ... 10% 10% 10% 10% Miscellaneous— Airwa7 App ... .. 5% City Ice dc Fu , ... 34 Congoleum 97# 9% 9% 10 Am Can 116% 115% 116% 116% Cont Can 5674 56 % 56% 57% Curtiss Wr 374 374 Gillette S R .... 30% 29% 30 30 Real Silk 17 17% Un Arcft 2774 26% 27% 27% Int Harv ....... 48% 48% 48% 49

Bright Spots of Business

W. H. Atterbury. president Pennsylvania Railroad, says business is scraping bottom. Paramount - Publix Corporation president, Adolph Zukor, says business improving in second quarter. Chrysler March sales 60 per cent over February. Crucible Steel Company. receives order for 1,000 tons rock drill steel for Hoover dam contractors. Heavy increases in orders caused Ford of Belgium to Rouble asembly line. New passenger cars licensed in thirty-two states in March increased 43% per cent over February. United Cigar Stores sales show increase in first quarter over 1930 period. Sweets Company of America first quarter income $27,554, against $18,393 in like 1930 period. Canada Dry Ginger Ale Company first quarter income $468,489, against $447,898 in like 1930 period. Ingersoll Rand receives order for seven locomotives for Bush Terminal Company.

The City in Brief

THURSDAY EVENTS . „ Advertising Club luncheon, Columbia Club. Indianapolis Engineering Society luncheon. Board of Trade. American Business Club luncheon, Columbia Club. . . . ... Real Estate board luncheon, Indianapolis Athletic Club. Sigma Nu luncheon, Lincoln. Shrine Caravan Club luncheon, Murat temple. Sigma Chi luncheon. Board of Trade. Indiana League for the Hard of Hearing, 11 a. m.. Stokes building. “Benjamin Harrison” will be the subject of Arch M. Hall at a dinner meeting of the Indianapolis Traffic Club Thursday night in the Lincoln. Election of officers of the newly organized Indianapolis Jewelers’ Guild will be held May 5 in the Chamber of Commerce. Tom Wallace of Louisville, Ky., managing editor of the Louisville Times, will speak at the luncheon of the Advertising Club Thursday in the Columbia Club. Advertising Club of Indianapolis at its luncheon in the Columbia Club Thursday, will hear Tom Wallace, editor of the Louisville Courier-Journal, on “News in Advertising.” Albert Stump, attorney, will address the Indianapolis Real Estate Board at its weekly luncheon in the Indianapolis Athletic Club Thursday on “The Incoming Tide.” Banquet of the Christian Men builders of the Third Christian church will be held tonight at 6:30 in the assembly room of the church, Seventeenth street and Broadway. Msgr. Francis Gavisfe, who has been confined to, the Providence hospital at Washington, D. C., the last week, is expected to leave the institution next week, according to word received here today. Rudolph Clay and William Rica, Negroes, were charged with robbery today after police said they had i been identified as the bandits who robbed Frank Cory, 810 West Pratt street, grocer, of $3Bl, March 28. Pleading guilty to petit larceny charges Elliott Gabler, 30, and James Moran, 30, were sentenced a year on the state farm today by Criminal Judge Frank P. Baker for theft of articles from the auto of Harry Beck, Pontiac, Mich., March 9. Fifteen Indictments naming twenty-four persons were handed to Judge Frank P. Baker in criminal court today by the Marion county grand jury in a partial report.

Net Changes

By United Press NEW YORK, April 21.-—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Off. Alaska Juneau 14% % American Can 116% 2% American & Foreign Pwr 347# 1% American Telephone 185% 4 Auburn 192-., 8% Bethlehem Steel 48% 1% Byers 39% 4% Case 84% 4% Consolidated Gas 94% 1% Fox Film A 23 % General Electric 43% 1% General Motors .../ 42% I s # Gillette 30 2 V# International Telephone 27% 2% Loew's Inc 43% 1% McKeesport Tin Plate 89 % % Montgomery Ward 20% ■# National Biscuit 737# 17a N Y Central 101 4 North American 69% 2% Pennsylvania R R 55% 1% Radio 19% 1% Radio-Keith 20% % Sinclair 11 % Standard Oil N J 39 1% Texas Corpn 25% 1% Transameriea 11 % United Corpn 22% 3 U%S Steel 127% 3 Vanadium 42% 2% Westinghouse Electric 75% 1% Worthington Pump 65% 4 Chicago Stocks Opening (By James T. Hamill & Cos.) —April 22 Asso Tel Util.. 24% Elec Hsehold .. 23 Bendix Avia ... 18VInsull Com ... Ss%| Borg Warner .. 32% Insull 6’s 1940.. 88V# Cent 8 West... 19%; Mid United Com 19 Cord Corp .... 10%’Mid United pfd 38 Cos Chi Cor Cos 6% Midwest Com... 30% Cos Chi Cor pfd 37 Natl Sec Com .. 5% Com Edison ..234i# Natl Sec pfd .. 70 Chi Securities.. 18 j Swift & Cos ... 28% Grigsby Gru .. 4%| . In the Air Weather conditions at 9 a. m.: Northwest wind, 25 miles an hour; temperature, 42; barometric pressure 30.17 at sea level; ceiling 2,000 feet; visibility, 15 miles; field, fair.

THE INDIANAPOLIS TIMES

STOCK SHARES SELL DOWN ON STEELREPORT Production Decrease Sends U. S. Issue to New Low on Move.

Average Stock Prices

, Average of thirty industrials for Tuesday was 158.83. oC 4.58. Average of twenty rails was 88.89. off 1.95. Average of twenty utilities was 61.54. off 1.64. Average of forty bonds was 95.52. qff .13. BY ELMER C. WALZER United Press Financial Editor NEW YORK, April 22.—A drop in steel production from 51 to 49 per cent of capacity, announced today by the Iron ■ Age, brought further pressure on United States Steel common stock today, and the issue made anew low for the bear market at 126%, off a point. The whole market reacted. Then selling dried up and the list rallied to small net gains. The advance was not sustained and the list was again receding around noon in dull turnover. There were a few weak spots and a few strong ones. Otherwise movements were narrow and meaningless. Western Union was in the list of weak spots, for a time breaking to 115%, off 2% points. Later it snapped back to 119. Auburn Auto Firm Paramount-Publix made anew low at 33%, off 1%. Radio failed to regain all of an early loss as did Stone is Webster and United Corporation.’ New York Central broke below 100 for the first time in seven years l in the railroad division. Other rails held better than Central. Auburn Automobile was a firm spot. Early in the session it reached 202 and around noon it was holding at 195, up 2% points net. Money Mart Easy The money market was distinctly easier following announcement of further gold shipments to New York from Paris. Call money was officially lending at 1% per cent, but concessions were made in the outside market from this figure. Several dealers reduced bill rates by % of 1 per cent. The street had expected a decline in steel operations in the weekly reviews, but it did not look for as poor showing as that recorded. The Iron Age stated: “The recession this month strengthens the impression that the spring rise was largely seasonal in character, the April downturn conforming with the trend commonly experienced at this time of year.”

Bank Clearings

INDIANAPOLIS STATEMENT . —April 22 Clearings $3,110,000.00 Debits 6,255,000.00 CHICAGO —April 22 Clearings $78,500,000.00 Balances 7.700,000.00 TREASURY STATEMENT —April 22 Net balances for April 20. .$476,662,022.14 Expenditures 29.809,837.49 Customs rects. month to date. 22,468.327.63

New York Curb Market

(By Thomson & McKinnon) —April 22 11:30 11:30 Am Com Pwr.. 14% Midwest U .... 20% Am Gas & SI.. 68% Mt Prod 4 Am Lt & Tr... 44 Naipnal Av .... 674 Arlj Gas 474 National Inv .. 4% Aviation of Am 25% Newmont Min.. 41% Brazil Pwr Ss Lt 20 Nia Hud Pwr .. 11% Can Marc 274 Noranda 22% Cities Serv ... 16% Penroad 6 Cons Gas 88% Prince & Whtly 1% Cord 10% Salt Creek 5*4 Crocker & Wh 11% Sel Indus 3% Elec Bond Sh.. 43 Shenandoah ... 574 Ford Dt Can..., 23 Std of Ind .... 29% Ford of Eng.... 13% Std of Ky .... 19% Fox Theaer ... 3% Stutz 24% Goldman Sachs 7*4 Trans Air Trans 6% Gulf Oil 56% Un Gas (new).. 7% Hudson Bay ... s%'Un Lt & Pwr .. 23% Humble Oil 53% Un .Verde 10 Ind Pipe 14%!Ut & Indus ... 7 Insull Ut 35 lut Power 10% let Pete 11% I Vacuum Oil .... 46% L on Oil 5%l POWER COMPANIES FILE PETITION FOR MERGER Insul! 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, Insull owned. Under the proposed merger plan, preferred stocks of the Attica Electric Company and Wabash 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. Marriage Licenses John Weaver. 36, of 437 St. Peter street, mechanic, and Della Florence Hodge, 22, of 1710 West Minnesota street. Ray E. Settles. 20. of 2240 Gordon avenue. meat cutter, and Helen Iris Meadows. 18. of 2522 North Dearborn street. Dudley M. Peebles. 29. Detroit. Mich.. salesman, and Inez F- O’Feefe. 23. of 4801 East Washington stret. Charles Newton Gann. 62, of 117 Kansas sreet. laborer, and Flora Alice Wood. 66, of 942 Hosbrook street. Robert Gordon Read. 28. of 824 South Randolph street, painter, and Blanche Imogene Zlke. 29. of 1439 West Ohio street, telephone operator. Paul C. Gore. 22. Indianapolis, cleaner, and Virginia Blush, 19, Indianapolis, store cashier. Harvey Allen. 26. of 3729 School street, press operator, and Mildred Jones, 18. of 2142 Station street.

No Nerves By United Press NEW YORK, April 22.—A mere faH from a station platform beneath a subway train is nothing to get excited about in the opinion of Arthur MacNamara. The crowd jarred him and he slipped to the tracks as a train approached. Officials stopped train service, closed the station, summoned an ambulance and police. MacNamara crawled from under the third car, brushed the dust from his suit and inquired “what’s all the excitement about.” He was unhurt.

BELIEVE IT or NOT

, Oi ’ ' i ...'1..,. ”, IN 12 52. SECONDS - 1 - 1 4, 1931. Kta* F*U)rw.£n<iiea)T Great Sntatt e*.#Sta reaerrel. £

Dow-Jones Summary

Great Northern Railway has placed orders for rails and fastenings, totaling approximately 25.000 tons with various concerns including Colorado Fuel and Iron and Bethlehem SteeL London bar silver 13d, off 74d: forward, 12 15-16, off T4d; gold bars. 84s. 9%d. unchanged. New York cables opened at 4.8515-16, unchanged: Paris checks. 124.29; Amsterdam. 12.097. Italy. 92.765; Berlin. 20.405. Northern States Power In 1980 earned $9.45 net a class A common shares against $10.14 in 1929. United States Hoffman Machinery and subsidiaries first quarter net loss $76,432 after charges year ago earned 13 cents a share. Steel production has again eased off to about 49 per cent of capacity for the country as a whole from 51 per cent a week ago and 57 per cent at the March peak. Current operations are back approximately to the average of the last half of 1930, erasing the improvement that occurred during the first quarter.

National Biscuit, including Pacific Coast Biscuit, first quarter net 70 cents a share on 6,286.238 common shares. Year ago 70 cents a share on 5,996.130 shares, excluding Pacific ‘Coast Biscuit, declared regular quarterly dividend of 70 cents on common, payable July 15. record June 19. General Foods Corporation in first quartet earned $1.05 a share against $1.13 like period 1930. Dominion Bridge. Ltd., declared regular quarterly dividend of 90 cents on common, payable May 15. record April 30. Canada Power and Paper Company makes $5 cut on newsprint retroactive to Jan. 1, superseding $3 retroactive cut from May 1. and making price for all year the same. Howe Sound in first quarter earned 64 cents a share against $1.46 in first quarter of 1930. Briggs Manufaeturing Company in 1930 earned $2.01 a share against $1.21 in 1929. Sterling cables opened 4.85 31-32, up 1-32;, Francs. 3.91. up 1-32; marks. 23.81%. up %; peseta. 9.99. off 7. New York Central loaded 55,756 cars of revenue freight In week ended April 18. off 14 8-10 per cent from year ago. Previous week declared 18 8-10 per cent. Deere & CP. declared regular quarterly ?} v iJr enc * s Pi cents on new common and $1.50 on old common, payable July 1. record June 15. Births Ernest and Esther Brewer. St. Vincent’s hospital. .Lee and Olive Hanson. St. Vincent’s hosDitai. Harold and Gladys Koehler. Coleman hospital. t . Girls Leo and Frances Clouser. St. Vincent’s nosDitai. William and Mary Scott. 937 North Sheffield. Bert and Ada Douglas. 240 North Arsenal. Sherman and Emma Eaglin, 761 North Be.mont. Paul and Vastl Endean. Coleman hosPltal. Mathew and Edith Harding. Coleman Hospital. Carl and Helen Weinhardt, Coleman hospital Deaths George M. Thompson. 42. city hospital, myocarditis. James A. Smith. 75. 1130 Jefferson, broncho pneumonia. Thomas R. Lewis. 71. 3134 College, acute cardiac dilatation. George H. Caylor, 35. St. Vincent’s hospital. pneumonia. Houston Hale. 70. 854 Roach, chronic myocarditis. i Anna Pfafflin. 77. 132 North Spring, acute obstruction of bowels. Andrew J. Wimmer. 81. Christian hospital. hypostatic pneumonia. Preston Hicks Davidson. 73. 3130 Northwestern. chronic myocardiits. Samuel Rice. 81. 425 Smith, arteriosclerosis. George Bruce Kemp. 76. 25 Johnson, carcinoma. Jessie Green. 55. 908 River, broncho pneumonia. Kenneth Weishoff. 22. city hospital, accidental. Elias Kirkwood.-73. 1831 Lexington, cerebral apoplexy. Building Permits General Outdoor Advertising Company, sign panels, northeast corner South Meridian and Belt railroad. S4OO. Crown Laundry Company, sign. 890 East Washington. $220. Henry Gelston, garage. 415 Hampton drive. S3OO. Mrs. Maud Bohman. addition. 1348 Burdsal parkway. S2OO. Frank Gates and son. dwelling and garage. 3740 School. $3,500. Nellie Rhodes, repairs. 1309 South Richland. $1,200. Frank Mauer. basement. 1610 East Market. S2OO. Curtiss Cochrane, garage. 1519 North LaSalle. S2OO. B. M. Garrett, reroof. 1210-13 East Washington. S2OO. Elsie Straub, garage. J 614 North Alabama. 5345. Fred Schmidt, porch and addition. 2916 East North. $650.

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS Kew York Stock Exchange Chicago Stock Exchange New York Cotton Exchange Chicago Beard el Trade New York Curb Association Rooms 200-214 Circle Tower Telephone Lincoln 5501

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 Tuesday's Times: Christian Mentzelius Grew a Set of Teeth at the Age of 120— The case of Christian Mentzelius, who grew a complete new set of teeth at the time he was 120 years of age is famous in dental circles, and is known as the Memel case. It is attested to by Dr. Schongreen, who was well acquainted with the circumstances surrounding it. Reference: “Life of the Marcrobii,” nineteenth century. Albert Horton—Almonte Goalie —On Feb. 21, 1931, the Almonte (Ont.) hockey team took its eighteenth consecutive victory by defeating the Arnprior team, and won the Upper Ottawa Valley hockey championship for the second successive season. Albert A. Horton, 20, who has played in all eighteen games, has held his opponents scoreless in thirteen of them.

Whichone Won $105,730 in One Race—Harry Payne Whitney’s 2-year-old Whichone, ridden by “Sonny” Workman, won $105,730 in a single race in the Belmont Futurity, at Belmont Park, N.. Y., 1929. This is the largest purse ever won in a single race by any horse. Reference: “All Sports Record and History Book,” by Frank G. Menke. Thursday: “The Man Who Named 35,000 Plants From Memory.” Chicago Grain Table —April 22 WHEAT— * , Prev. Hieh. Low. 11:00 close. May (old) 82% .81% .82 .62% July 64% .63% .63% .64% Sept 63% .63% .63% .64% Dec 67% - .66% .67 .67% CORN— May (old) .... 60 *59% .59% July .62% .61%.61% .62% Sept 61% .61 .61% .61% Dec 54..% .53% .53% .54% QATB May (old) .30% .29% .29V# .30% July .30% .30% .30% .30% Sept 30% .30% ,30% .30% Dec 32% .32% .32% .32% rye— May (old) .36% .36% .36% .36% July 39% .33% .387# .39% Sept 41 % LARD— Mav 8.50 8.47 8.47 8.50 July 8.65 8.62 8.62 8.65 Sept 8.77 8.75 8.75 8.80 By Times Special CHICAGO. April 22.—Carlots: Wheat. 5; corp. 85: oats. 10; rye. 3. and barley. 18.

Local Wagon Wheat

City grain elevators are paying 71e for No. 1 red wheat and 70c for No. 1 hard wheat. CHICAGO High. Low. Close. January 11.27 11.25 11.25 May 10.32 10.27 10.29 July 10.59 10.54 10.56 October 10.96 10.83 10.90 December 11.19 11.12 11.13

James T. Hamill & Company Private Wires to AH Leedlag Markets. Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associated New York Curb 203 Continental Bank Bldg. Tel. Riley 5493—Riley 5494

We Buy and Sell Real Estate Preferred Stocks and Bonds ZAISER & ZAISER 801 Fletcher American Building 129 E. Market St.

tc -*r Registered U. a O y Fatent Office RIPLEY

Investment Trust Shares I

(By R. H. Gibson & Cos.) PRICES ARE TO 12 NOON C. S. T. j —April 22 — Bid. Ask. Amer Founder’s Corp Com 4% 4% Am & Gen Sec "A” 14% ... Am Inv Trust Shares 5% 5% Basic Industry Shares ..... 5% 6% Corporate Trust Shares 5% 5% Cumulative Tr Sh 7 7% Diversified Trustee Shares A 16*/# 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 7% ... Nation Wide Securities 6% 6% National Industry Shares ... 5% 6% N Am Trust Shares 5% 5% Sel Am Shares 5 5% Shawmut Bank Inv Trust ... 10% 11% Std Oil Trust Shares 5% 6% S W Strauss Inv Units 23 Super. Corp of Air. Tr Sh A 6% 7 Fundamental Tr Sh A 6% 7% Fundamental Tr Sh B 7% 7% U S Elec Light & Pwr A 30 32 New York Liberty Bonds —April 21— 3%S 101.21 Ist 4%s 102.22 4th 4%s 103.28 Treasury 4%s 111.2 C Treasury 4s 107.25 Treasury 3%s of ’47 101.25 Treasury 3%s of ’43 101.17

Utilities Power & Light Corporation 4 An International Utility System Serving the Gateway to mmW Great Southwest Since 1837, or for nearly a century, THE LACLEDE GAS LIGHT COMPANY and its predecessor, now a major subsidiary of th Utilities Power & Light Corporation, has served gas continuously to St. Louis, today one of the most important industrial centers of th Middle West. The great progressive strides being made by th# Utilities Power & Light Corporation in increased earning power and expansion make its securities attractive for investment. Class B and Common ji Class A Stock traded Stocks traded on New • on ew 7ork Stock York Curb and Chi- y'jfo Exchange and Chicago Stock Exchanges. r‘' CTtL ‘ < >?Ty i 7* cago Stock Exchange. Consult your local investment dealer or write for descriptive literature. Utilities Riwer & Light Securities Company 327 South La Salle Street, Chicago

NOTICE REQUIRING FILING OF CLAIMS AND DEMANDS AGAINST THE UNION MORTGAGE COMPANY OF CLEVELAND, THE INVESTORS LAND COMPANY, THE WILES REALTY COMPANY, THE 8501 EUCLID COMPANY, THE BROWNELL -PROSPECT COMPANY, THE SHORE HOLDING COMPANY. Pursuant to order entered by the United States District Court for the Northern District of Ohio. Eastern Division, on the 6th day or April, 1931. on the application of Robert F. Berwald. Receiver for The Union Mortgage Company and its subsidiaries, in the action pending therein entitled Walter B. Smith, Complainant, vs. The Union Mortgage Company, et al. Defendants, in Equity No. 2505. NOTICE IS HEREBY GIVEN that all persons, firms or corporations having or asserting any claim or demand against The Union Mortgage Company or Cleveland and/or its following named subsidiaries: The Investors Land Company. The Wiles Realty Company. The 8501 EccUd Company. The BrownellProspect Companv. The Shore Holding Company, whether due or not due. direct or contingent, and including all demands for performance by the Receiver. all contracts made by The Union Mortgage Company or its said subsidiaries. are required, in accordance with the aforesaid order, on or before the 15th day of October. 1331, to file written proof of such claim or demand with Robert F. Berwald. Receiver, at his office, 1220 Williamson Building. 215 Euclid Avenue, in the City of Cleveland. State of Ohio, each of which proofs of claim or demand shall be duly verified, shah set out whether the said claim is asserted against The Union Mortgage Company and/ or which of its said subsidiaries, and shall set out the amount and nature of any ben or other security held by the claimant or to which the claimant is entitled, and also any claim to preference or priority in payment from the receivership estate over any other creditors of The Union Mortgage Company or Its said subsidiaries. NOTICE IS HEREBY GIVEN that the holders of such claims or demands and all persons, firms or corporations claiming by. though or under them, failing to so present their claims or demands, shall be forever barred and enjoined from thereafter asserting or enforcing any ciaim or demand against the Receiver or The Union Mortgage Company or its said subsidiaries or against any assets or the proceeds of any assets held by the Receiver or The Union Mortgage Company or its said suosidiaries. and all claims or Arqvids against the Receiver or The Union Mortgage Cempan y or its said subsidiaries or against any assets or the proceeds of any assets held by the Receiver or The Union Mortgage Company or its said subsidiaries not so presented shall be forever barred. Reference is hereby made to the above mentioned order for further particulars Dated April 15, 1931. ROBERT F. BERWALD, Receiver for THE UNION MORTGAGE COMPANY THE INVESTORS LAND COMPANY THE 1 WILES REALTY COMPANY THE 8501 EUCLID COMPANY THE BROWNELL-PROSPECT COMPANY THE SHORE HOLDING COMPANY JOSEPH C. HOSTETLER BAKER, HOSTETLER & SIDLO 1956 Union Trust Building. Cleveland, Ohio. Attorneys and Solid tor* for the Receiver.

JAPRIL 22, 1931

WEAKNESS IN ‘ SECURITIES IS GRAINFACTOR Wheat Opens Lower With Pressure Evident in All Options. BY HAROLD E. RAIWTLLE United Pre*s Staff Correspondent CHICAGO, April 22.—Continued weakness in securities is beginning to have an effect on grains and wheat opened lower on the Board of Trade today, although Liverpool was stronger than expected and there was no precipitation of importance in the spring wheat belt. Scattered selling carried wheat off fractionally, some of which was profit taking on the sharp rally late Tuesday. Liverpool was firmer on the allaying of anxiety over the farm board action. Com reacted from its sharp gain late Tuesday and was off with wheat, meeting little support early Oats were unevenly steady at the start. Wheat Opens Lower At the opening wheat was H to % cent lower with May unchanged. Com wais unchanged to % cent lower and oats were % cent lower to % cent higher. Provisions were rather active and about steady. Liverpool started slowly, but was higher on an improvement due to the denial by the farm board that agency contemplated dumping, prices showing a % to % cent gain at mid-afternoon. Buenos Aires was % cent higher at the opening. It is understood that the grain futures admniistration at Chicago will make an investigation into the source of the rumor concerning the farm board which had a distressing effect on world markets. Some damage was reported in the southwest owing to the cold weather, and as temperatures still are low, further damage may be expected. Com Receipts Off Com receipts fell off sharply on Tuesday owing to the unfavorable weather and may be lighter for several days due to rains in the sections that were shipping old crop com to terminals. Sentiment remains bearish largely because of the light cash demand, but the influence of wheat is in the other direction, supporting com futures. Liquidation of oats appears on any display of weakness in the other grains. July and September sold at new lows on the crop Tuesday.

New York Bank Stocks

(By Thomson & McKinnon) —April 21Bid. Ask America . Bankers 103 105 Brooklyn Trust 462 473 Central Hanover 252 257 Chase National 88% 91% Chatham Phoenix Natl... 68 , 71 Chemcial 43% 45% Citv National 88% 91% Corn Exchange 109 113 Commercial 295 305 Continental 20 23 Empire 56% 59% First National 3.700 3.900 Guaranty 48% 46 Irving 34% 36% Manhattan & Cos 81 84 Manufacturers 47% 49% New York Trust 162 167 Public 55% 58%