Indianapolis Times, Volume 42, Number 302, Indianapolis, Marion County, 28 April 1931 — Page 12

PAGE 12

REGENT GAINS IN HOGS WIPED OUT BY SALES She Stock, Heifers Display Strong Tone in Cattle Market. HOGS April Bulk. Early Top. Receipts. \\■ *7-304? 7.W $7 80 8.500 2 55 7.s 7.000 22 Z'SSf Z *2 7.50 7.000 2}. 7.00® 7.50 7.50 6,000 25- 6.00® 7 40 7.40 3.000 27 7.15® 7.65 7.65 5.500 28. 6.90® 7.45 7,45 9.000 Hogs lost Monday’s gains In trade this morning at the city stockyards, prices declining mostly 20 cents to 25 cents. The bulk, 140 to 300 pounds, sold for $6.90 to $7.45, latter figure representing early top. Receipts were estimated at 0,000; holdovers were 135. Steers were weak to lower in the cattle market, with she stock holding steady; heifers held strong. Receipts were 1,500. Vealers were 50 cents lower, selling at $3.50 down. Calf receipts were 1,100. Sheep receipts were 200, the market steady. The quality was plain, with the bulk selling mostly under $9. Spring lambs quotable at $9 to sl2 Chicago hog receipts were 21,000, including 2,000 direct. Holdovers, 3,000. Market slow, few early sales and bids around 5 cents to 10 cents lower than Monday’s average. Good to choice hogs, weighing 170 to 200 pounds, were bid $7.40 to $7.50, while 220 to 280-pounders were bid $6.80 to $7.25. Cattle receipts were 8.500. Calves, 3,000, and steady. Sheep receipts, 17,000, and steady. HOGS Receipt*, 9,000; market, lower. —LlKht Lieht — A (140-160) Good and choice ... $ 7.25® 7.40 —Lieht Weiehts—-(l6o-180) Good and choice .. (180-200) Good and choice ... 7.35® 7.45 —Medium Weiehts—-(2oo-230) Good and eohice.... 7.30® 7.40 (220-250) Medium and good ... 7.10® 7.25 —Heavy Weiehts— „ _ _ (220-250) Medium and g00d... 6.90® 7.1a (220-250) Medium and good ... 6.75@ 6.90 —Packing Sows—-(27s-500) Medium and g00d... 5.75® 625 (110-120) Slaughter pigs 7.15® i.20 CATTLE (Slaughter Class) Receipts, 1,500; market, steady. Good and choice * 7.50® 2 Common and medium 5.50® 7.a0 (1.100-1.500) Good and choice 7-50® 9 i9 Medium e. oo® 7.50 —Heifers—-(soo-850) Good and choice 7.50® 8.*5 Common and medium 5.50® 7.00 —Cows— Good and choice 2'nnf. Sno Common and medium ....... 4.00® s.oo Low cutters and cutters— • 2.50® 4.00 —Bulls (vearllnsrs excluded)— Good and choice beef * -00® 5.00 Cutter, common and medium.. -.750 4.00 CALVES AND VEALERS Receipts. 1,100; market, steady. Good and choice ........... B.oo® 8.50 Medium 6 n o -°nr inn Cull and medium 3.dos o.uu —Calves — (250-300) Good and medium 9'99!i IR2 Common and medium ....... 3.00® 5.00 STOCKERS AND FEEDER STEERS Good and choice I K Common and medium 4.50® o.^o Good and cholc^ 800 : -.... 6.25® 8.00 common ang, Receipts, 200; market, steady. (Shorn basis, except spring iambs) Good and choice *8.25% 9.2a Common and medium 6.50® 3.23 Soring lambs .•••••• y'snl^ano Ewes, medium and choice f 50% 4.00 Cull anci common 1-50® 250

Other Livestock CHICAGO, April 28— Hogs—Receipts, 21.000. including 2,000 direct; slow, 10® 15c lower than Monday's average; late bids oil more, bulk 140-210 lbs.. 57.3507.40; top, $7.50; 220-320 Ids., $6.5007.25; pigs. SB-76® 7.15, packing sows, $5.5005.85; light lights. 140-160 lbs., good and choice. si.lsfe/.40, light weight. 160-200 lbs,, good and choice. $i.30®7.50. medium weights. 200-250 lbs., good and choice. $6.90<5i < .45; heavy weights. 250-350 lbs., good and choice, $6.3a (0,7.10; packing sows, 275-500 los., medium and good, 55.4006.80; slaughter pigs. 100--130 lbs. good and cohlce, $6.i .15Cattle —Receipts. 8,500; calves. 3.000; steer and yearling trade stead" to 23c lower, mostly steady, killing quality considered; market slow, only dependable outlet being on better grades or common lightweight offerings ot value to soli at $7 downward; best, fed yearlings. $9 75; weaker quality and condition to sell at $703; most grades and classes she stock slow, steady; slaughter cattle and vealer steers 600-900 lbs., good and choice, S3O 10.25; 900-1.100 lbs., good and choice. [email protected]; 1,1001 300 lbs. good and choice. [email protected]; 1.300-1.500 Tbs. good and choice. $7.50@ 9 75- 600-1.300 lbs., common and medium, S6(P 8; heifers, 550-850 lbs., good and choice. $709; common and medium. $5.50@ 7 cow r s. good and choice. ss@6: common and medium. $4.5005: low cutter and cutter, $3 25; buls yearlings excluded, good and choice (beef). $405.25; cutter to medium. $3.35(34.50; vealers (milk fed), good and choice, $708.75; medium, $60)7; cull and common $406; stocker and feeder cattle; steers. 500-1.050 lbs., good and choice. $6.7538; common and medium, $5.55® 6.75. Sheep—Receipts, 17.000; fat lambs to shippers and small killers around steady; bulk choice woolskins ESS-1.000. most clippers, $8.85, few at $9; eheep scarce steady; lambs 90 lbs. down, good and choice. s9®lo: medium, $8 2539; 91100 lbs., medium to choice. $8.2509.75; all weights common. $7®8.25; ewes 90-150 lbs., medium to choice. $2.7504; all weights cull and common. $1.50(03. By United Press FAST BUFFALO. N. Y., April 28.—Hogs —Receipts. 1.300; weights below 210 lbs., fairly active; steady to strong;, others about steady; desirable 180-210 lbs,. $7.90; weights below 179 lbs. mostly $8; mixed offerings. $7.55; 280 lbs., butchers. $7.40; packing sows. $6®6.40. Cattle —Receipts. 50; cows, unchanged: cutter grades, $2.50. Calves —Receipts. 100; dealers, firm; $9 down; some held higher. Sheep—Receipts, 200; lambs, steady; new choice clippers, $9.75; medium kinds. $9.25. By United Press PITTSBURGH, April 28.—Hogs—Receipts 500: market around 10c lower; 140-210 lbs.. $7.8508.10: 220-260 lbs.. $7.4507.75; 100-140 lbs . $7.60(07 85; packing sows, steady, bulk. $5.75@6. Cattle—Receipts, 10; market nominally steady. Calves—Receipts. 50: steach’; choice vealers up to $9; desirable kinds scarce under $7.50. Sheep—Receipts. 250; steady; good and choice 74-88-lb. shorn Jambs. $9.25010; other classes scarce. By United Press FT. WAYNE. Tnd.. April 38.—Hogs—Market 30-0-300 lower: 100-140 lbs.. $6.75: 140160 lbs.. $7; 160-180 lbs.. $7.15; 180-200 lbs $7 25: 200-220 lbs.. $7.15; 220-240 lbs.. $7-’240-360 lbs . $6.90; 260-280 lbs., $6.70: 280-300 lbs.. $6.60; 300-350 lbs.. $6.50; roughs. $5.50; calves. $8; stags. $3.75: wooled lambs. $9; clipped lambs, $8: spring lambs, $lO. By Times Special LOUISVILLE, Kv., April 28.—Hogs—Receipts, 600; market, 10c lower; 225 lbs. up, $6.75; 163-225 lbs.. $7.30; 130-175 lbs. $6.60: 130 lbs. down. $5 95; doughs. $4.25 (7 5 25: Stegs. $3.50. Cattle— Receipts, 100; market, steady; prime heavy steers. $7 25 @8; heavy shipping steers. $6,253-7.25; medium and plain steers, $5.5056.25; fat heifers, $6.505 8.25; common to medium heifers. $5 0 6.50: good to choice cows. $4 25:05-50: medium to good cows $3.50 @4 25; cutters. $3.2503.50: canners. $2.50 ®3: bulls. $3.503 5.25: feeders. $6.5007.50; medium to good feeders. $536.50: stockers. $5 5037.25. Calves —Receipts. 250; market, steady; good to choice. $6.5007; fancy higher outs. $5. Sheep—Receipts. 1,900‘: market steady; spring lambs bulk sold $10(011.50: some sold at sl2: fall lambs. $7.50(38.50: seconds. $3 50; clipped sheep. s3@3.'o; Monday’s shipments, cattle. 121; calves, S4B; hogs, none; sheep, none. By United Press LAFAYETTE. Ind . April 28—Hogs— Market, steady to 20c lower; 160-180 lbs., $7.25; 180-200 lbs $7.20; 200-210 lbs. $7.10; 210-220 lbs, $7.05; 220-240 lbs.. $6.95; 240-260 lbs.. $6.85: 260-280 lbs., $6.75; 280-300 lbs.. $6 65; 300-325 lbs., $6 55’ 140-160 lbs., $7; 120-140 lbs.. $6.85; 100-120 lbs.. $6.75; roughs. $5.75 down; top calves $7.50; top lambs, $8.50; spring lambs sß® 10. By United Press CINCINNATI. April 28.—Hogs— Receipts. 4.400; held over none; moderately active mostly 15c lower; spots 25c off on weighty butchers; better grade 160-220 lbs. largely $7 60; some 225 to around 250 lb' $7.25fi 7.50: 265-310 lbs.. $6.75 7 7.10; 120-150 lbs.. $7.25487.35; sows steady to weak; bulk. $5 50: smooth light weights. $5.73. Catt'e —Receipts. 300; calves, 550; generally steady; steers and heifers scarce; odd lots common and medium. $5.75®7; sprinkling of better kind up to $8: most beef cows. $4 500 5 50: low cutters and cutters active, bulk $3?8®4.23: strong weights. $4.50; bulls $5 25 down: vealers steady, trading mere selective: good and choice. $7-50<5 8.50: lower grades S7 down. Sheep—Receipts. 150; slow: around steady; better grade j springers. $11(612: common down to $9: f odd lota clipped l*mbs. > s9 down; fat ewes quotable around $3.50.

New York Stocks ißy Thomson A McKinnon i 1

By United Prut NEW YORK, April 28.—Sales on the New York Stock Exchange today totaled 2,900,000 shares; Curb stocks totaled 754,600 shares. —April 28— Railroad*— Prev. High. Low. Close, close. Atchison 16974 16484 168% 185 At! Coast Line ..... 86 Balt <sc Ohio 60 58*4 59 44 5944 Chesa A 0hi0... 39% 39’* 39% 394* Chesa Corp 41% 40% 41S 41% Chi Grt West... s'* 44* 54* 5% Chi N West 31 *4 29 3144 30% C R X A P 49% 45% 46 464, Del LAW.... 68% 68 68 % 68% Del A H udson. .133 1314* 131‘/a 131 Erie 244a 23% 24 2344 Erie Ist pfd ••• . 31 Great Northern. 58 57 5744 57% Gulf Mob A Oil .. ... ... |7 '.a Illinois Central.. 57 53% 57 5o Kan Cltv So 33 , Lou A Nash 79 78 78 <?% M K A T 154* 14% 15 14% Mo Pacific 72 71 71 24% Mo Pacific ofd ■ - 71 N Y Central 98% 96 98 9i% Nickel Plate ... , 54 NYN H A H.. 73 72% 72% .2 a Nor Pacific *4 43 43 44 Norfolk A West 13144 175 /a 1.54a 181 O A W 6% Pennsylvania ... 54% 52 5244 53 # Readine 63 62 63 61 Seaboard Air L. % % % % So Pacific 84% 8344 84 4* 83% Southerda Ry. 37 36 37 37 St. Paul 5 4% 4% 4 1 ,* St Paul pfd 844 7% 8 8 St. LA 8 P 20% 2044 2044 21 Union Pacific... 163 161% 163 160% Wabash 12% 12% W Maryland ... llV'a 1044 11% 11 West Pacific 8% 8 Equipments— Am Car A Fdy.. 20% 19% 20 20 Am Locomotive. 18 17% 18 18 Am Steel Fd.... 19 13 19 <; 18 Am Air Brake S 294* 29% Gen Am Tank.. 59 44 564/* 59 60 Geenral Elec ... 42 4044 41% 41% Gen Rv Signal.. 56 5 244 534* 56% Lima Loco 23% 23 23 33% N Y Air Brake 14 12% Press Sti Car.... 3% 3% 3% 3% Pullman 4142 39% 4144 40% Westingh At 8.. 29 23 28% 29 Westingh Elec.. 64% 61% 63% 62% Rubbers— Firestone 13% 13% Fisk 4a % 4 a % Goodrich 94a 9 9 44 9 44 Goodyear 38 1 4 35% 37 36 Kelly Sprgfld ... 1% 1% 1% 2 Lee Rubber ... 344 3% U S Rubber .... 1344 12% 124* 12% Motors— Auburn 205 192 19744 200 Chrysler 1744 16% 17 17% Gardner % % Graham Paige.. 4% 444 4% 4% General Motors.. 39% 38% 38% 39% Hudson 1644 15% 16Va 16 Hupp 744 7 7% 7% Mack 23 27% 28 29 Marmon ... 6% 5% Nash 30 28 29% 29 Packard 7% 7% 7% 7% Pierce-Arrow ... 18 Reo 6% 64* 6% 644 Stuclebaker 204a 18% 2044 1944 Yellow Truck.... 10 9 9% 944 Motor Access— Bendix Aviation. 4744 1581 17 16% Borg Warner 1944 1844 19 1944 Briegs 15 1444 144* 14% Budd Wheel 7% 744 744 7% Campbell Wy .-. 11% 11% Eaton 14 13% 14 14 El Storage 8.... 52% 50% 52% 52 Hayes Body .... 4 3% 3% 3% Honda 5% 5 5% 5% Motor Wheel .... 1244 1 2 1244 1 3 Sparks W 8% 7% 8 7% Stewart Warner.. 12% 12 12 12% Timken Roll .... 45 44 43 % 45 44% Mining— Am Metals .. ... 17 1644 Am Smelt 41% 39% 4040% Am Zinc 5 4% 4% 4% Anaconda Cop.. 29% 2844 28% 28% Cal A Hecla ... 8 7% 7% 8 Cal A Ariz 37% 37 44 37 % 3784 Cerro fie Pasco. 1744 1644 16% 1744 Dome Mines 10% 10% 10% 10% Freeport Texas.. 29% 28% 2944 30 Granbv Corp ... 14% 13% 14-44 14 Great Nor Ore.. 21% 21 21 21% Hotve Sound ... 2044 19 1944 19% Int Nickel 15% 14% 15% 154* Inspiration 7% 7 7 644 Ke inecott Cop.. 21% 2044 20% 21% Magma Cop 16% 16% Miami Copper 744 • 744 Nev Cons 9% 9% 944 944 Texas Gnl Sul.. 42% 30% 30% 4244 U S Smelt 17 164* 1644 16% Oils— Amerada 17% 16% 17% 1744 Am Republic ... 5% 5% 5% 5 Atl Refining .... 15 14% 15 15 Barnsdall 9 8 9 9 Beacon ... 8% Houston S 84* 8% 8% Indian Refinine. .. - ... 244 244 Ohio Oil 10% 944 10% 1044 Mex Sbd 14% 13 13% 14% Mid Conti 8% 8% 844 844 Pan-Amer (B) 30 ... Phillips 744 7 7 % 744 Pr Oil A Gas ... 10% 10% 10% 10 Pure Oil 644 544 6 6% Richfield 2 1% 1% 1% Royal Dutch 31% 30 30% 30 Shell Un 5% 5 5% 5% Simms Pt 6 584 5% 6 Sinclair 9% 9 9% 9% Skellv 544 5% 544 544 Stand of Cal 35% 33 35% 35% Stand of N.T ... 3574 31% 35% 35 Stand of N Y ... 18 17% • 18 18 Texas Cos 21% 2044 21% 20% Union Oil 1644 14 16 15 Steels— Am Roll Mills... 26% 254; 25% 25% Bethlehem 47% 45% 46% 46% Byers A M 38% 35% 36% 37% Colo Fuel 16% 16V* 1644 16% Cruc Steel 4544 4544 45% 46% Inland 50 46 4744 49 Ludlum 10% 9% 9% 10 Midland 13% 17 17 184* Newton 12% 13 1244 12 Repub I A S 1444 1 3 13% 13% U S Steel 125 122% 124% 124% Vanadium 41 38% 39% 394* Youngst S A W.. 20 1944 1944 IR% Youngst SAT ... 60 Tobaccos— Am Sumatra ... 9 9 Am Tobacco A. .120% 11944 11944 120 Am Tob (Bt 124% 120% 123 12344 Con Cigars 3244 31% 32 4* 3244 General Cigar.. 39 38 39 39 Lig A- Mvrs B 81 80% 80 % 81% Lorillard 13 16% 17% 18 Phil Morris ... 10% ... Reynolds Tob .. 49% 47% 49% 49 Std Com Tob 3 Tob Hr A 12 12 Tob Pr B 2% 274 United Cig 544 544 5V* 6 Utilities— Abitibi 6% 5% 6 5% Adams Exp 157* 1542 15*4 15% Am For Pwr... 31 s * 29% 29% 31% Am Pwr & Li... 41% 40% 41% 40% A T A T 183% 1804* 181% 182%

New York Bank Stocks

(By Thomson & McKinnon) —April 23 Bid. Ask. America 42 45 Bankers '. 93 102 Brooklyn Trust 400 415 Central Hanover 226 231 Chase National 79% 82% Chatham Phoenix Natl ... 59k 62% Chemical 40% 42'„ City National 79 1 2 82% Corn Exchange 107 ill Commercial 270 285 Continental 18 21 Empire 52 55 First National 3,425 3,625 Guaranty 448 458 Irving 32 5 s 34*4 Manhattan & Company .... 77% 80*4 Manufacturers 41% 433. New’ York Trust 142 147 Public 51 54 Other Livestock By United Press TOLEDO. April 28.—Hogs—Receipts. 450; market IC’alr.c lower; heavies. $6 505 7: mediums. $707.25; Yorkers. [email protected]. $7.25(0 7.40. Cattle—Receipts. 50; market, slow. Calves—Receipts. light; market, steady. Sheep—Receipts, light; market, steady. By United Press CLEVELAND, April 28.—Hogs—Receipts, 1.500; holdover, 91; about, steady; desirable. 150-210-lb. weights, mostly $7.75; few pigs at same price; 220-250 lbs.. $7,500) 1.6 O; 260-300 lbs., $7.25(07.35; sows. S6O 6.25. Cattle—Receipts, 200; unchanged; few plain steers, $6.5007.25; fat cows, mostly S4@s; cutter grades. $2.50@4: heifers. $5(46.75; sausage bulls. 5405.25; calves, receipts. 800; steady with Monday's decline: bulk desirable vealers. $8.50(09; odd head. $9.50; medium, $6.50 08; cull. $5(4 6. Sheep—Receipts, 800; tendency higher; choice clipped lambs, $9 75; others grading good to choice. S9@ 9.50; throwouts, s7@B; shorn ewes, $204.

New York Curb Market

—April 28— (By Thomson & McKinnon) Close Close. Am Cora Pwr... 13% Mt Prod 3% Am Gas & E 1... 62 National Sugar. 30 Am Lt &Tr ... 40% National Av ... 6% Ark Gas 4'; National Inv ... 4% Aviation of Am 24% Newmont Min .. 38% Brazil Pw & Lt. 19 Nia Hud Pwr .. 10% Can Marc .. .. 2% Niles 17*, Cities Serv .... 14 Per.road 5% Cord 11 Prince & Whtly 1% Crocker &■ Wh. 10% Sait Creek 5% Durant Mot l%Sel Indus 3 Elec Bond Sh.. 41 Shenandoah,... 5% Ford of Can ... 30 Std of Ind .... 25% Ford of Eng ... 14 std of Kv 17* 2 Fox Theater ... 3% std of Ohio ... 49* * Goldman Sachs 7% Stutz 23% Gulf Os 54 Trans Air Trans 7% Hudson Bay ... 4% Un Gas (new).. 7% Humble Oil 53*2 Un Lt & Pwr.. 22% Insult Ut 32% Un Verde 8% Int Super 21 ut <fc Indus 6 Int Pete 11% ut Power 7’% Lion 0.1 4% Vacuum Oil .... 41% Midwest Ut 19*. Waligreen 18% Mo Kan Pipe .. 5%: Chicago Stocks Opening (By James T. Hamill & Cos.) —April 23 Assoc Tel Util. 23 Elec Hshld 20 Bendix Avia is Insull Com 32% Borg Warner.. 19% Lion Oil 4% Cord Cornn 10% Middlew com 19% Con Ch Cp com 6 Ivor & So Am.. S Con Ch Cos old. 36 Nat'l Stand 29 Cent Pub Serv Is*; Swift & Cos 28 Commonw Ed ..29®%!t7 S R & Tel.. 30% Chgo Sec .... 17% uti! <fe Ind Dfd.. 17% Grigsby pru... 8% Zenith Radip... 2\ Houdi A * 13 J

Col Gas A E 1... 33% 30% Com A 50u.... 8% 8 8% B.a El Pwr A Li... 44 4244 42 % 43** Geln Gas A 544 4% 5-, 4% Inti TAT 36% 34% 25% 26% Natl Pwr A LI.. 29% 29% 28% 29 No Amer C 0.... 68% 69% 68 67% Pac Gas A El.. 474. 45> 46% 47 Pub Ser N J... 80** 78% 80% 79% So Cal Edison. 44% 42% 44% 44% Std G A E 1... 69% 66% 68% 68% Untied C0r0.... 21** 20V* 21% 21 •* Ut Pwr AL A. 21% 20 21% 20% West Union 116 1134* 116 114% Am h lrui n Ccrp... 14*4 12% 14 1444 Am Ship A Com 7* Atl Gulf A W I 20% 20% Inti Mer M pfd 10'4 10,, 10„ 10% United Fruit.... 57% 50% 56% 57 Foods— Am Sug 45% 44% 45% *5 Armour A 244 2 2% 2% Beechnut Pite g?- 2 Cal Pkg 26% 25% 26% 2?% Can Drv 36'a 35% 36 * 3a-a Childs Cos 23% 19% 21% 22% Coca Cola 145% 143% 145% 145% Cont Baking A 13 13% ! Corn Prod 69 65% 66% 69 ! Crm Wheat 29 30 i Cudahy Pkg ... 427* 43 ! Cuban Am Sugar 2*4 2% 2% 2% i Gen Foods 30-4 48% 49* 51 ! Grand Union .. 1374 12% ;3% 13% i Kershcv 95% 93% 94% 9a I Jewel Tea 43% ... , Kroger 3044 284a *5% 28% Nat Biscuit .... 724 j 7C% <l4- <2% Pillsbury 2974 29% 29% ... Safeway St . 51 49 50 44 aO Std Brands 16% 16% 16% 167* Ward Bkg ...... 44* 374 3% 4 Drugs— Coty Inc 974 674 Lambert Cos 79% 7744 79 79 Lehn A Fnk 23 274a 27% 28 Industrials— Am Radiator ... 1544 1 4*4 1 44* 15 Bush Term 2044 19% 19% 19 Certainteed 4 ... , Gen Asphalt .... 2174 2 1 2144 217* Lehigh Port 12’,* 12 Indus Cbems— Allied Chem ....12674 118 121 128% Com Solv 14V* 13 13% 13% Union Carb 54% 4944 497 * 5444 U S Ind A1c0.... 31% 30 44 31% 317* Retail Stores— Assoc Dry Gds .. 21 20 21 204* Gimbel Bros .... 474 474 474 4% Kresge S S 26% 31 % May D Store .. 3144 3074 3074 ... Mont Ward ... 1774 16 17 1674 Penny J C 3474 34 34 31% Schulte Ret St.. 774 7% 774 774 Sears Roe 5074 48% 50% 50 Woolworth 597* 58% 59% 5974 Amusements— Bruns Balke B*4 Col Graph ..... 974 9 9% 974 Eastman Kod ...152 149 150% 1524:, Fox Flm A 1944 17*4 18% 177 s Grigsby Gru ... 34a 3’4 3% 3% Loews Inc 4374 427* 4374 4274 Param Fam .... 30% 29 30 30% Radio Corp .... 1674 15% 16% 16% R-K-O 18 17% 1774 18 Schubert 4*4 4 4 344 Warner Bros ... 8 774 774 8% Miscellaneous— Airway App 474 474 City Ice A Fu 33 Congoleum 9 874 9 9 Am Can 114*4 11174 113% 11274 Cont Can 55% 5374 55% 5474 Curtiss Wr 374 3’% 3% 3% Gillette SR 30 28% at*4 29 Real Silk, 1744 15% 17V* 15 Un Arcft 26% 24*4 2574 2674 Int Harv 49 47 44 48 % 4944

Chicago Stocks (Bv James T. Hamlll & Cos.) “

—April 28High. Low. Last. Allied Motor Ind 1% 1% 174 Allied Products 27 25 26 Amer Equities 4 Art Metal Works 5% 474 474 Assoc Telephone Util.. 23-% 23 2374 Bendix Aviation 17 16 17 Borg Warner 197, 1844 19 Brown Fence & W “B” 5% 5 5 Butler Bros 5% 5 5 Cent 111 Securtiles .... 20 ... ... Cent & So West 18% ... Cent Pub Cl “A” 13% 12 ! /a 13Cent & So West pfd... 96 Chicago Yellow Cab... 2074 1944 20 Cities Service 15 13% 14% Commonwealth Edison. 233 230% 233 Cont Chicago 6 574 6 Cont Chicago pfd..... 3644 35% 36 Cord Corp 11V* 10% 1074 Corp Securities 17% 16% 17 Corp Securities Ctfs.... 54% 53 53 Electric Household 20 19% 20 Gen Theat Ea VTC com 4 37* 37* Great Lakes Aircraft... 5 44* 47i Grigsby-Grunow 374 344 344 Houdaille-Hershev A 13% 127-, 1244 Houdailie-Hershey 8., 5% 5 5% Insull Util Invest 33 31% 32V4 Ins Util Inv pfd ex-wa 80 In Ut Inv pfd 2d S6s ’4O 84 8344 84 Iron Fireman 1274 11 11% Jefferson Elec 15 14 15 Libby-McNeil 1 1074 11 , Lion Oil Refining Cos.. 474 4y* 4 s * Lynch Corp 1844 Maiistic Household Util. 344 Manhattan-Dearborn .. 12 1144 1174 Marshall Field 29 2874 28% Middle West Utilities.. 1944 1874 1944 Midland United 19 1844 19 Modine 35 Muncie Gear A 3 Muskegon Mot Spec A. 1344 National Family Stores 474 444 474 National Securities Inv 5 National Standard ... 29 2744 2774 New England Pow’er... 37 North American Car.. 20 19 1974 N Amer Light & Elec. 66 N & So Amer Corp... 8 Pines Winterfront .... 15% 1444 1544 Public Service N P 237 235 237 Seab Utilities Shares.. 374 Southern Union Gas... 874 774 8^ Standard Dredging Cos.. 4 374 3% Swift & Cos 28 44 2 8 28% Swift Internacional 37 364* 36-,2 Unit Corp of Am .... 444 44* 4% United Gas Corp 74* 7% 7% U S Gypsum com 4144 4074 41-* U S Radio & Tel 21% 20 207* Utah Radio 274 ... ... Utility & Ind 6% 6 6 Utility & Ind pfd 17% ... ... Walgreen Cos Com ..... 18% 18% 187* Wextark Radio 74 ... ... Zenith Radio 274 ... ...

Net Changes

By United Press NEW YORK, April 28.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. Off. Alaska Juneau 12 ... IV* American Can 13*2 ... V* American Telephone 18% ... 1 Anaconda unchanged 28% ... ... Auburn 197% ... 2% Bethlehem Steel 46% 3 ,'a Byers 36% ... % Case 77 Vs ... V* Consolidated Gas unchanged 92 Electric Power 42% ... Is Fox Film A IBV2 1% ... General Electric 4118 ... Vs General Motors 38% ... % Gillette 29% % ... Loews Inc 43% 1% .. • International Telephone... 25% ... Is Montgomery Ward 17 % McKeesport Tin Plate .... BIV2 ... 3 North American 63 Vx ... Packard 7% ... V Pennsylvania Railroad .... 52% ... 1% Radio 16* 4 ... Vs Radio-Keith 17% ... % Sears Roebuck 49% ... % Standard Oil New Jersey... 35% % ... Texas Corporation 20% % ... Transamerica 8% ... 1% Union Carbide 49% ... 4% United Corporation 21% ... % United States Steel 124% ... *4 Vanadium 39% ... % Westinghouse EJpctric 63% 1 Worthington Pump 62 ... 1%

Cash Grain

—April 28— The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b., shipping point, basis 4114 c New York rate, were: Wheat—Steady: No. 1 red. 72®74c; No. 2 red. 71@73c; No. 2 hard 70@72c. Corn—No. 3 white, 49@50c: No. 4 white. 48@49c: No. 3 vellow, 47®48c; No. 4 yellow, 4S@47c: No. 3 mixed, 46®47c; No. 4 mixed. 45@46c. Oats —Steady: No. 2 white, 25@26c; No. 3 white. 24® 25c. Hay—steady (f. o. b. country points taking 23 ! ;C or les srates to Cincinnati or Louisville': No. 1 timothy. $155>15.50; No. 2 timothy. $14314.50; No. 3 timothy. $13®:14: No. 1 light clover mixed. sl4® 14.50; No. 1 clover mixed, $14.50®i5; No. 1 clover hay, $13(c?15.50. —lnspections Wheat—No. 1 red. 1 car: No. 2 red, 1 car; No. 1 hard, 1 car; No. 2 mixed, 1 car. Total, 4 cars. Corn (newt—No. 2 white, 6 cars; No. 3 white. 7 cars; No. 4 white. 4 cars; No. 2 yellow. 12 cars; No. 3 yellow, 27 cars; No. 4 yel'ow 4 cars; No. 5 yellow. 1 car; No. 6 yellow. 2 cars; sample vellow, 1 car; No. 2 mixed. 2 cars. Total, 66 cars. Oats—No. 2 white, 4 cars; No. 3 white. 2 cars: No. 4 white, 1 car. Total. 7 cars. Hay—No. 1 timothy. 1 car. Total, 1 car. New York Liberty Bonds —April 28 — 3 as 101.27 Ist 4 ! 4S 102 28 4th 4 l *s 104.4 Treasury 4V*s 112 14 Treasury 4s 108 6 Treasure 3 3 8 s of - 47 102 6 Treasury 3- B s of '43 (March) 101.28 Building Permits W. A Rollings, porch, 803 Soruce, S2OO. Belmont pharmacy, sign, 2111 West Washington, S2OO. J. Jones remodeling porch. 458 North Randolnh, S2OO. Charles Wllllver. repairs, 4130 Guilford SI,OOO. J. T. Smith & Son, garage, 635 De Quincy. S6OO. Pleasant Run boulevard. Reformed church, church building, southwest corner Pleasant Run boulevard and Pennsylvania. $45,000. J Oscar Marknm. altera ting store front, northwest corner Colorado and East New York. S6OO. Stalev & Crabb. slen northwest corner Eleventh and .Meridian. $350. Harry Wright, dwelling and garage, 3942 Hillside, $4,000. •

THE INDIANAPOLIS TIMES”

STOCK SHARES UHSETTLED IN QUIETTRADING Trading Range Narrow as Bears Center Attention on Specialties.

Average Stock Prices

Average of thirty industrials for Monday was 149.78. off 2 20. Average of twenty rads was 85,75, of! 1.08. Average of twenty utilities yas 58.92. off .82. Average of forty bonus was 95.18. off .25. BY ELMER C. WALZER United Press Financial Editor NEW YORK, April 23.—Stocks lost ground again today despite another rally near the close which lifted leaders from their lows. Volume was reduced. Movements in the main body of stocks were narrow. Bears concentrated their attention on a few issues. According to preliminary calculations the Dow, Jones & Cos. industrial average declined 1.86 points to 147.92; rail average declined 0.15 points to 85.60. Sales totaled 2,900,000 shares, compared with 3,600,000 shares Monday. Transamerica, under heavy pressure for a time, broke to anew low record at 7% before meeting support. Other weak spots included Warner Brothers Pictures, Union Carbide, Allied Chemical and Inland Steel. Utilities, Rails Rally Toward the close, Steel rose to near the previous close in anticipation of declaration of the regular quarterly dividend of $1.75 a common share. The Steel Corporation was estimated to have earned between 25 and 50 cents a common share. Near the close Westinghouse moved ahead, influenced by a contract to supply electrical equipment for the Hoover dam project. American Can regained an early loss. Fox Film A rose more than a point net. Auburn Auto moved ahead, as did Goodyear, Vanadium, Sears-Roe-buck and General Electric. Utilities rallied and rails rose, with Atchison up nearly 5 points. Standard of New Jersey was a firm spot in the oils. Throughout the day the financial community was fearing difficulties developed in the recent market decline. Rumors and fears were net allayed by market action of the stocks under discussion. Reductions Are Made Three important dividend reductions were made. Inland Steel reduced from $4 to $2.50 annually; Illinois Central from $7 to $4, and Commonwealth & Southern from 60 cents to 40 cents a share. Inland shot down to anew low, while Illinois Central spurted 2 points on short covering by those who had expected more drastic action. Several corporation reports came to light for the first quarter. Atlas Powder earned 4 cents a share, against 83 cents a share in the 1930 period. Among the poor railroad reports for March were Pennsylvania, Atlantic Coast Line and Norfolk & Western. Several utilities, including Standard Gas, Southern California Edison and Philadelphia Company reported declines from the comparable 1930 periods involved. Call money held at 1% per cent.

Banks Clearings

INDIANAPOLIS STATEMENT v —April 23 Clearings $3,167,000.00 Debits 6.309,000.00 CHICAGO STATEMENT —April 28Clearings .. $74,700,000 Balances 8,200.000 TREASURY STATEMENT —April 23 Net Balance for April 25 $382,446,866.10 Expenditures 6,580,526.15 Customs rects month to date 27.695,664.07

Investment Trust Shares

(By R. H. Gibson As Cos.) PRICES ARE TO 12 NOON C. S. T. —April 28— Bid. Ask. Amer Founder’s Corn c0m.... 4% 4% Am As Gen Sec A 14 3 i ... Am Inv Trust Shares 5 5% Basic Industry Shares 5% 6Vs Corporate Trust Shares 5 5V2 Cumulative Tr Sh 6% 7 Diversified Trustee Shares A 16 16% First American Corn 7% 7% Fixed Trust Oil Shares 4 4% Fixed Trust Shares A 13% ... Inv Trust N Y 6% 7*/a Leaders of Industry Series A 7!4 ... Nation Wide Securities 6 61 2 National Industry Shares 5% *6 N Am Trust Shares 5% 5% Sel Am Shares 4% 5% Shawmut Bank Invv Trust.. 8 10 Universal Trust Shares s*B 5% S W Strauss Inv Units 23 Super Cp of Am Tr Sh A.... 6% 6% Fundamental Tr Sh A 6% 7 Fundamental Tr Sh B 7 7*,2 U S Elec LI Ac Pwr A 29% 31% FILE GAS LINE PETITION Permission If. Asked to Establish Service for Domestic Users. Central Indiana Gas Company, Muncie, has petitioned the public service commission for permission to establish rural gas lines in Delaware, Madison, Grant, Blackford, Jay and Randolph counties. Rates would ebe $1.50 per 1,000 cubic feet for the first 1.000; $1.35 for the next 1,700, and $1 for all over 2,000 feet. Service will be for domestic users only.

Births Girls * Lyman and Hazel Winkley. 3413% West Washington*. William and Samella Shannon, city hospital. Walter and Gertrude Danielson, city hospital. Mett and Mary Rapse. cit-v hospital. Jasenh and Iva Winter, city hospital. William and Betty Heid. city hospital. George and Jessie Fagala. 4707 East Twenty-first. Fred and Alice Woolev. 1355 Sheldon. William and Retha Swift. 2832 Wood. Ralph and Nellie Teeter. Methodist hospital. Kenneth and Auarey Sigman. Methodist hospital. Samuel and Helen Via, Methodist hospital. Worliie and Martina Heater, Methodist hospital. Boys Albert and Luella Pogue, city hospital. Philip and Amie Ottinger. city hospital. Mort end Mary Osborne, city hospital. Wiibert and Alice Newman, city hospital. Earlton and Ella Sever city hospital. Leßov and Jennie Vaughan. Methodist hospital. Elmer and Doris Forbes, Me.hodist hospital. Ralph and Dorothy Dennerline, Methodist hospital. Richard and Elizabeth Kregelo, Methodist hospital. Ottis and Francis Bokerman. Methodist hospital. 11 James and Erair.a Elane. 1832 South Keystone. i Deaths 1 Ella C. Bennett. 83, 926 Fairfield, chronic myocarditis. Clara Lee Pickens. 54. 1025 Eugene, chronic interstitial nephritis. Charles Orlando Wilson. 72, 940 East Minnesota, chronic myocarditis. John Patrick Keppen, 20, city hospital, acute myocarditis. Mollie Earll. 26. Methodist hospital, fractured skull James B. Higgins. 41. Marlon county jail, acute cardiac di'atation. Wilhelmina Liebrich, 69. 2102 North Talbott, acute cardiac dilatation.

BELIEVE IT or NOT

"l&nua It UMIOM - HAS THE SMALLEST TREASURES, . jo* , „ CHARLEY LOCKHART 45.1MCHES TALL-

Bright Spots of Business

First forty-seven railroads reporting March net show decrease Os 13.7 per cent, again 52.2 per cent drop in February from year ago. Chicago Federal Reserve bank reports ten industrial lines show first gain in employment anh earnings in seventeen months. Cadillac April output 2,600 units, against 2,053 in March. Republic Steel Corporation resumes operation of eight sheet mills at Niles plant today. Bank of United States depositors to receive first paymept on claims in next six weeks. Shell Petroleum Corporation receives 10,000,000-gallon order from American Airways, Inc. Ohio Power Company 1930 income $6,248,213, against $5,971,796 in 1929. Stamford Gas and Electric Company 1930 income $695,000, against $623,666 in 1929. Southern Bell Telephone and Telegraph Company first quarter income $3,844,980, against $3,794,679 in like 1930 period. International Hyrdo-Eleciric System year ended Feb. 28 income sl,287,517, against $363,238 preceding fiscal year.

In the Air Weather conditions at 9 a. m.: West wind, sixteen miles an hour; temperature, 52; barometric pressure, 30.09 at sea level; ceiling, unlimited; visibility, seven miles; field, good. Flying Club to Meet Lieutenant Stanton H. Smith, commander of Schoen field, Ft. Benjamin Harrison, will speak on “Army Flying Activties” at the meeting of the Hoosier Flying Club Wednesday night at Hoosier airport, President Charles Cederholm announced today. Several other speakers will discuss aviation. A supper at 7:30 at the airport will precede the meeting. Ball Team on Flight Flying from Columbus to St. Louis aboard T. and W. A. planes, members of Columbus (O.) American Association baseball team made a brief stop at the municipal airport Monday afternoon. The team was en route to Sprinfield, Mo., for an exhibition game, after which it will continue to Kansas City for a series. Pass Air License Test A transport pilot’s license test was passed by Harry Boggs Monday at Hoosier airport under direction of Joseph Shumate, department of commerce inspector. Ned Bottom passed the test for a private license. Mclntosh Transferred George C. Mclntosh, stationed here for more than a year as a representative of the Embry-Riddle company, has been transferred to Louisville, it was announced today by Donald A. McConnell, local Embry-Riddle field manager. Duties of Mclntosh have been taken over by Robert Gill. ‘Gyp’ Fliers Are Banned By Scrippe-Hoicard Newspaper Alliance WASHINGTON, April 28—The “gyp” aviation operator now has the government on his trail. He will no longer be tolerated. Heretofore the government has had no way to get at him. But the aeronautics branch of the department of commerce has just set up anew regulation. It says that moral irresponsibility of an airplane manufacturer or owner now may result in revocation of his license. “Moral irresponsibility’’ is the government’s way of saying “gyp.” It would cover a manufacturer who apparently was complying with all commerce department regulations, yet who was not keeping faith with the public. Manufacturer who refused to back up his product and declined to make good on defects found in ids plane also are included.

On request, sent with stamped addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.

Folowing is the explanation of Ripley’s ‘Believe It or Not” which appeared in Monday’s Times: Popcorn Popped by Radio—On Dec. 4, 1930, at a luncheon of the Merchants’ Association in New York City, L. A. Hawkins and E. L. Manning of the “House of Magic” in Schenectady, succeeded in popping corn by radio. The popcorn kernels were placed in a transparent bag between the terminals of a high-frequency generating equipment. The terminals were glass jars containing ice cubes floating in a salt solution. The salt made the water a conductor and therefore serviceable as an electrode, and the ice cubes emphasized the fact that the equipment was coldeven though the popcorn between the two jars immediately began to give off steam and soon to pop audibly. Two minutes was required to pop all the corn, and the bag was not burned, nor w r ere any of the kernels charred. It is expected that this apparatus can be used to great advantage in medical circles to produce artificial fever under exact control, with no bad after-effects. George S. Lyon—Over a period of sixteen years, George S. Lyon ■won the Canadian amateur golf championship eight times—lß9B, 1900, 1903, 1905, 1906, 1907, 1912 and 1914. Wednesday: “The Inventor of Boxing.”

Produce Markets

Esks (country run)—Loss off delivered in Indianapolis. 13c; henery quality. No. 1. 14c: No. 2. 13c.

Poultry (buying prices)—Hens weighing o lbs. or over. 19c; under 5 lbs.. 20c; Leghorn hens. 17c: 1930 broilers, full feathered. 1% lbs. and ud. 32c: under 1% lbs.. 28c; bareback. 20c: Leghorn broilers. 28c; ducks. 9c: old cocks. 9®llc: ducks, full feathered, fat whites. 9c; geese. Bc. These prices are for No. 1 tpn Quality. Quoted by Kingan & Cos. Butter (wholesale)—No. 1. 27028 c: No. 2 25@26c. Butterfat—23c. Cheese (wholesale selling Drlce per pound)—American loaf. 22c; pimento loaf. 23c; Wisconsin firsts. 19c: Longhorns. 17c: New York limberger, 30c. By United Press CINCINNATI. April 23.—Butter, steady: creamery in tub lots, according to score, 21@23c: common score discounted, 203 c; packing stock No. 1. 18c: No. 2. 15c; No. 2. 8c: butter fat. 20®22c. Eggs—Steady; cases included; extra firsts. 16c; seconds. 13%c: nearby ungraded. 15*/2C; duck eggs, 15c: goose eggs. 30c. Live poultry—Thin and coarse stock sell only at heavy discount: fowls. 5 lbs. and over. 19Vic; 4 lbs. and over. 20Vic; 3 lbs. and over. 20Vic; Leghorns. 3 lbs. and over. 19c: roosters, 12c; slips. 21c; stags. 17c: broilers new crop full feathered. I*4 lbs. and over. 33c: over IVi lbs.. 38c: partly feathered. 22® 27c; Leghorn broilers, full feathered. 114 lbs. and over. 32c: over IVx lbs.. 36c. By United Press CLEVELAND. Anri! 28— Butter—Extras. 26:ic; standards. 26%c. Eggs—Extras, 16c; firsts. !sVic. Poultry—Heavy fowls. 23c; Leghorn fowls. 21c: heavv broilers. 38(043c; Leghorn broilers. 33c: ducks. 25c: old cocks. 13c: geese. 15016 c: capons. 28 033 c. Potatoes—Maine Green Mt.. best mostly $2.50: few $2.60 per 120-lb. sack: Idaho Russet, mostly $2.10@2 20; few $2 per 100lb. sack. By United Press NEW YORK. April 28—Potatoes—Market, new, steady; Long Island, 51.85 0 3.90; southern. [email protected]; Maine, [email protected]; Idaho, 45c(552.60; Bermuda, s7@lo; Canada. [email protected]. Sweet potatoes—Market, steady; jersey, baskets. 75c@$3 45; southern baskets. $1.250 4. Flour—Market, firm and unchanged: spring patents. $4,400 4.75 barrel. Pork —Market, steady; mess, $25.50 barrels. Lard—Market, firmer; middlewest spot, 58.7508.85. TallowMarket. quiet: special to extra. 3%04'/*e. Dressed poultry—Market, easy; turkeys. 250.44 c; chickens. 23036 c; broilers. 300 44c: fowls, 14@27c; Long Island ducks, 19%®20c. Live poultry—Market, firm; geese. 10012 c: ducks, 14025 c; fowls, 220 25c; turkeys. 20@35c; roosters. 14c; chickens, stags. 15017 c: capons. 17@35c; broilers. 25@41c. Cheese—Market. steady; state whole milk, fancy to special, 13(2: 22'ic; Young America, 15®20c. By United Press CHICAGO. April 28. Eggs Market, easy; receipts. 36,965 cases; extra firsts, I6V4C; firsts, 15 %c; current receipts, 14Vi<® 15c; seconds, 13c. Butter—Market, easy; receipts. 17.932 tubs: extras. 22%c; extra firsts. 22 022*,7c: firsts. 21021%c; seconds, 20@20*ic: standards. 22'ic. Poultry—Market. steady; receipts. 1 car: springers. 26c: Leghorns. 20c: ducks. 20c; geese. 12c; turkeys. 22025 c: roosters. 14c; broilers, 34c Cheese—Twins. 11%@12%c; Young Americas. 14c. Potatoes—On truck. 293: arrivals, 115; shipments. 629: market, dull to firm: Wisconsin Round Whites. $1.35@ 1 45: Minnesota Round Whites. $1.3001 35; Idaho Russets, mostlv $1.55: Colorado McClures. [email protected]; Texas Bliss Triumphs, $4.2504 50.

Local Wagon Wheat

Citv grain elevators are paying 63c for No. 1 red wheat and 67 for No. 1 hard wheat New York Liberty Bonds —April 27 3>3s 101.24 Ist 4 l is 102 23 4th 4 ! 4s lul l Treasury 4’4s 172.8 Treasury *s 107.27 Trrasur- 105 31 Treasury 3 3 ,.s cf '57 ** 102 Treasury 3Hs of ’43 ? 101.25

it Registered U. S. 19 V Patent Office RIPLEY

Dow-Jones Summary

Petroleum Corporation of America declared a dividend of 25 cents payable June 1, record May 15. Three months ago a similar declaration was made prior to which stock paid 35% cents quarterly. Sugar melt of fourteen United States refiners from Jan. 1 to April 18, amounted to 1,175,000 long tons, against 1,360.000 in like 1938 period. Deliveries totaled 1,015,000 long tons against 1,195,000, New York cables opened in London at 4,86*2. against 4.85 7-32: Paris cnecks, 124.41; Amsterdam 12,097; Italy, 92.885, Berlin, 20.417. Loews. Inc., and subsidiaries twentyeight weeks ended March 13, 1931, net profit $6,879,960 after depreciation and taxes, but before subsidiaries preferred dividends, against $8,2-13.584 in twentyeight weeks ended March 14, 1930. Pacific Lighting twelve months to March 31, earned $4.39 on 1.608,631 shares against $4.89 on 1,462,679 shares year ago. Pennsylvania Railroad March net operations income $3,818,561, against $7,311,801 in March. 1930. Three months $9,309,004, against $19,935,036. Richfield Oil receivers* audit and appraisal shows downward adjustment of $69,417,931 in period converting $15,193,840 surplus as of Dec. 31 1929, to deficit of $54,219,091 on Jan. 14, 1930; $11,617,403 operating deficit shown for period. Genera* Cable Corporation first quarter net loss $697,965 after charges. Year ago lost $487,253. Treasury asks tenders on $60,000,000 of 90-day bills to be sold on discount basis. Powdrell & Alexander Inc., declared quarterly dividend of 87% cents common stock payable May 15, record May 1. This reestablishes stock on $3.50 annual basis. At January meeting quarterly rate was cut to 50 cents from 87% cents. Southern California Edison March profit $1,112,509 after taxes and charges, but before depreciation against $1,214,239, March. 1930. Eight months $2,049,544, against $4,085,186. Standard Gas and Electric Company. 12 months ended Jan. 31. 1931. total income before depreciation $75,127,985, gainst $77,156,732 previous 12 months. Rumor that Ford Motor Company would close June 1, denied by Edsel Ford, who said “We have no plans for closing this summer. There may be a vacation shut down, but we are not sure of that at any rate no date has been set. Our sales have been improving right along.’’ Philadelphia Company twelve months ended Jan. 31, total income before depreciation $31,593,904 against $32,872,129 previously. Northern States Power tweh’e months ended Jan. 31. 1931, total Income before depreciation sl6 891,963, against $17,427,114. Oklahoma Gas and Electric twelve months ended Jan. 31, 1931. total income before depreciation $6,677,791, against $7,090,019. Louisville Gas and Electric twelve months ended Jan. 31, 1931 total income before depreciation $5,809,624 against $5,883,855. Mountain States Power twelve months ended Jar.. 31, 1931, total income before depreciation $1,384,927, against $1,362,962. Southern Colorado Power twelve months ended Jan. 31. 1931, total income before depreciation $1,052,305, against $1,109,312. EXTRADITION IS SOUGHT Petition Hoover for Return of M ican in Giri Killing Case. By United Press AUSTIN, Tex., April 28.—Extradition of Alberto Sanchez from Mexico to stand trial on charges of slaying Merle Springer, 11, with a pocket knife, was sought in an appeal en route today to Preisdent Hoover. Governor Ross Sterling sent the request to Mr. Hoover after Mexican officials agreed to hold the youth at Nuevo Laredo for forty days pending efforts to arrange his extradition to San Antonio, Tex. Sanchez, who police said admitted stabbing the school girl at his camp near Leming, Tex., contended he was a Mexican citizen, althougn he was bom in Texas, and that he therefore could not be returned to the United States. Decrease Railroad’s Valuation State tax commissioners decreased the assessed valuation of the Winona Railroad Company from $322,222 in 1930 to $255,700 for 1931. The railroad runs through Elkhart, Fulton, Kosciusko and Miami counties. NEW YORK COFFEE RANGE —April 27High. Low. Close. January 8.00 5.94 3.94 March 6 05 5 80 5 87 May 5.57 5.45 5 53 July 5 76 5.32 5 56 September 5.90 5.45 5.66 December 6.C0 5.62 5.71 RAW SUGAR PRICES —April 27High. Low. Close January 1 47 1.44 1 44 March 1.53 1.50 1 56 May 1.22 1.18 I.H July 1.30 L 27 1.27 September 1.33 X 34 1.34 December 1.46 fUa 141

.APRIL 28, 1931

WHEAT LOSES EARLY UPTURN BEFORECLOSE Covering Orders Firm Up Futures Slightly in Final Deals. BY HAROLD E. RAINVTLLE, United Press Staff Correspondent CHICAGO. April 28.—Presistent selling weakened wheat toward the close on the Board of Trade todav and the early advance was lost but some covering firmed prices at the close. The market was somewhat unsettled in a narrow range, advancing early but running into selling by the northwest and southwest some of which was spreading. Weakness in corn and stocks had an effect at times. Liquidation was renewed in corn about mid-morning and prices hovered around the season’s lows but showed only a fractional loss at the finish, December showing strength. Oats reacted from the strong showing made early but held steady. Liverpool Closes Up At the close wheat was to cent higher with May % cent up. corn was % cent lower to *4 cent higher and oats were unchanged to 74 cent higher. Provisions were weak. Holding its strength during the afternoon, Liverpool closed 1 to 1 4* cents higher. Buenos Aires was up 7-s to -* cent early. There were no rains over the American or Canadian northwest overnight, which strengthened the deferred deliveries during the morning. Cash prices were unchanged. Receipts were eighty-six cars.

Com Follows Wheat Com followed wheat at the start and was a little higher, but there was selling on the fine weather over the belt and some liquidation of May j and July, which caused a recession and prices were unchanged to >4 cent lower at mid-session. There was not much rallying power in evidence. Receipts were smaller, but the cash demand continued slow. Cash prices were unchanged to ?* cent higher. Receipts were 96 cars. Oats made practically no change after the start, but held its 74 to % cent advance. There was no news of importance and the market was featureless. Cash prices were % to 1 cent higher. Receipts were seven cars. Chicago Grain Table WHEAT— — A P ril 28— prev ~ , Hleh. Low. Close, close. May (old) .81% ,si% .81% .81% .81% New. .82% .824, .83% .82% .8274 £ u! v .61% .60% .61% .607. SePt 60% .61% .60% .61 .607, CORN- ’ ‘ ■ 64 ’ 4 64 7 * - 63 ’ .6474 .64% May (old). .55 .5574 .54 .54*4 .55 New. .56 56% .5474 .557 J .56 Julv 57% - .57% .36% .56% .56% Sent 57% .58% .567', .57% 37% De 5134 52 -51 • 513/: ‘ • 51Va May (old). .2674 .27 .26% .26% .26% New. .27 .27% .25% .26% .26 s /, •July 27% 27% .27; .27% .2744 Sept. 28% .2874 .38% .28% .28% Dep*. 31% .31% .3074 .31 .307, fv i E May (old). .33% .33% .32 s * .33*4 -33% New. .j3% .33% .32% .33% .3444 Jub* 36% .36% ,35 s , .36% .3674 Sept. ..... .38% .38% .37% .387, .38% ° ‘ 4138 42 ■ 4U * - 4ir * 42 May 8.43 8.50 8.37 8.37 8.42 JulV 8.52 8.60 Sept. ... 8.75 8.77 8.67 8.67 8.75 Oct 8.75 873 8.65 8.65 8.72 BELLIES— May 9.50 9.57 •July 9.80 9.85 By Times Special CHICAGO. April 23.—Carlots: Wheat, 49. corn. 233; oats. 53; rye. 3, and barley. 17. By Times Special CHICAGO. April 28.—Primary receipts: Wheat. 772.000 aeainst 533.000; corn. 523.000 against 750.000; oats, 393.000 against 286.000. Shipments—Wheat. 841.00 asainst 446.000: corn, 736.000 aeainst 1,057,000. oats. 478.000 against 620.000 By United Press CHICAGO. April 28.—Cash and grain ciose; Wheat—No. 1 hard. 81c. CornNo. 2 mixed. 5374<554>/*c; No. 3 mixed, 54c. No. 6 mixed, 50c; No. 1 yellow. 55%®56c No- 2 yellow 5444®55%c; No. 3 yellow. 53 (35474 c; No. 4 yellow. 53'-7'3%c; No. 5 yl---!o vA 51 = No - 1 white. 56%c; No. 2 w £-£ e - 55%®56%c; No. 3 white. 54c; No. 4 white. 5244 c. Oats—No. 3 white. 284?.28>/ 2 c: 28%c. Rye—None. Barley— If PJo® 19 2 V mothy_sß ' 2sSß - 75 - Clover— By United Press o Aprl J 23 ,—pash grain close; B.V'i@B4%c. Corn—No. 7 6047.61 c; No. 3 yellow. 584/ 59c Oats—No. 2 white. 31%532%c. Rye—No. 2 lover—Domestic prime, old. $13.75, prime, new. sl4; prime choice, new. $14.25. prime choice, old. sl4: October sl*2s December. $14.50. Alsyke—Cash. sl4. Butter—Fancy creamery. 2647 27c. Eggs Country run. 14®i5c. Hay—Timothy. $1.25

In the Cotton Markets

NEW YORK High. Low. Close ‘A?* ch 11.21 11.05 11.10 goober 10.64 10.43 10.55 December 10.86 10 71 10 77 CHICAGO High. Low. c:cse -anuary 11.C5 10.95 10 35 J“ ! . y 10.39 10.25 10.33 2£^ bs . r 10.74 10.53 10 67 Decemoer 1093 10.80 10.90 1,800 CHINESE ‘REDS’ CAPTURED, BEHEADED Nationalist Government Announces Great Victory Over Communis* s. By United Press SHANGHAI, China, April 23.~ The Nationalist government announces today that 1,800 Communists had been captured and decapitated after a battle in Hupeh province. The announcement said that the “menace” of so-called Communist armies in western Hupeh province had been ended by the succecful campaign of government troops. Government troops of General Chiang Kai-Shek, head of the Chinese national government, were reported officially to have won an overwhelming victory over the armies of the of the Communist general, Ho-Lung, who had been menacing important interior ciiies, where foreigners have been in peril. propose Church union Joining of Methodists and Presbyterians to Be Conference Topic, By United Press PHILADELPHIA, April 28.—Progress toward the proposed union of the Methodist and Presbyterian churches and the calling of a further conference between committees of the two churches on July 9, is announced today in the report of the department of church co-opueration and union of the Presbyterian church. The report will be contained in the official blue book which will ’sa I presented to the general assembly meeting in Pittsburgh, May 28.