Indianapolis Times, Volume 42, Number 313, Indianapolis, Marion County, 11 May 1931 — Page 12
PAGE 12
CHEAPER CALL MONEY BOOSTS STOCK PRICES deduction to 1 Per Cent Is Signal for Bears to Cover. Average Stock Prices of twenty industrial* for Saturday wax 151 31, ofl 3.10. Average of twenty rails was 86 60. off .26. Average of twenty utilities was 60.46. off 1.20. Average of forty bonds v.as 95.10. up .15. BY ELMER C. YVALZER t nileil Press Financial Friitor NEW YORK, May 11.—With call money renewing at 1 per cent for the first time since 1903, bears took fright and covered commitments after another successful attack on the leading industrials and rails in the first hour on the Stock Exchange today. Prices were irregularly lower at the opening. Then a drive against United States Steel, j. I. Case and several of the rails, including Northern Pacific, Pennsylvania and New York Central, caused liquidation in other sections of the list. Few Weak Spots This pressure was insufficient to rout the long holders generally and when the money renewal rate was announced bears covered. Around noon the list was higher in most sections, gains ranging to a point. There were still a few weak spots, notable of which was Fox Film A. which hit anew low at 14%, off 3lk, and Union Carbide at 491% off 2%. Utilities came back to show fractional gains, while oils ruled steady to firm. Gold Dust rallied after touching anew low for the year, while Woolworth continued to feature the mercantile division. Motor shares firmed up and Auburn rallied from 235 to 243, the latter being up 5 points from the previous close. Copper Shares Firm Around noon Steel was at 112, up **, American Can 107%, up Li; general Electric 45%, up •%; United Aircraft 32%, up 1; McKeesport Tin Plate 85, up %>; General Motors 44, up '.i, and Allied Chemical 124, up 1%. Copper shares firmed up after an early decline. Trading was again dull with tickers barely moving around noon. A few large blocks appeared in the initial trading, the feature being 3,300 shares of Gold Dust at 31, off %, and anew 1931 low. Sales in the first half hour totaled only 200,000. the same as those in the corresponding period Saturday.
Net Changes
By United I'ress NEW YORK, May 9.—Closing prices and net changes on principla stocks traded today on the New York Stock Exchange follow: Up. Off. Alaska Juneau 13% ... % American Can 107% ... 2% American Smelting 36% ... % American Telephone 18% ... 2 Auburn 238 ... 7 Bethlehem Steel 45% ... 1 % Case 68% ... 10% Consolidated Gas 97 ... 1% Fox Film (A) 17% ... % General Electric 45 ... % General Motors 43% ... % International Nickel 14% ... % International Telephone .... 28% ... 1 Loew's. Inc 43% ... 1% Montgomery Ward 19% ... % National Biscuit 74 ... % North American 71 ... % Radio 20% ... Vi Radio-Keith 17% ... V 4 Sinclair 8% ... % Standard Brands 18% % ... Standard Oil. New Jersey.. 37% ... 1' 4 Texas Corporation 20% ... 1% Union Carbide 52 ... 1% United Corporation 23% ... % United States Steel 111% ... 2% Vanadium 43% ... 1% Westinghou.se Electric .... 61% ... 2%
Investment Trust Shares
ißv Gibson & Bernard) PRICES ARE TO 12 NOON C. S. T. —May 11Bid. Ask. Amer Founder's Coro com 3' 2 3 3 ,* Am & Gen Sec A 14 ... Am Inv Trust Shares 5 5Vi Basic Industry Shares s'i 6 Corporate Trust Shares s'i 5 3 * Diversified Trustee Shares A.. 15 7 16 5 a First American Coro 7Vi 8 Fixed Trust Oil Shares 4 ! k 47* Fixed Trust Shares A 13* .. Inv Trust NY 6'2 7Vi leaders of Industry Series A... 7'i ... Nation Wide Securities 6> a 6 3 i National Industry shares 5 3 * 6'* N Am Trust Shares 5Vi 5 3 * Sel Am Shares 5 s'. 2 Shawmut Bank Inv Trust 5 10 Universal Trust Shares 5Vi 6 S W Strauss Invv Units 32 Super Corn of Am Tr Sh A... 6' 6Vi Fundamental Tr Sh A Fundamental Tr Sh B 7 7'i U S Elec Li & Pwr A 29 3 i 31'* New York Curb Market IBy Thomson & McKinnon) May 11Close. I Close. Am Com Pur... 14 * Midwest Ut 19 Am Gas & E 1... 67 Newmont Min... 36'a Ark Gas 4*ijNia Hud Pwr... 11 Can Marc ..... 2 s * Niles 17 1 i Cities Serv .... 14 : '* Penroad S 7 * Cons Gas 87>- Prin it Whtly.. I 5 * Cord ... 12 s s,Sel Indus 3'2 Crocker & Wh., 11. Shenandoah .... 5 7 * Durant M0t.... 2 Std of 1nd.... 26 l * Elec Bond Sh.. 43-’* Std of 0hi0... 48 Ford of Can... 14 Stutz 24 3 * F'o\ Theater.... 3 Air Trans 7'* Goldman Sachs. I’.-Un Gas <new.. 7 1 * Gulf Oil M’. Pn Lt & Pwr.. 22'* Hudson 8av.... 4 s iUn Verde 9 Humble 0H.... 53’2 Ut <V Indus 6 5 * Ind Terr A 12 7 a Ut Power B's Insull Ut 32 3 * Vacuum Oil 33Va Int Super 40', Van Camp 5 Int Pete 12 i
New York Bank Stocks
ißv Thomson & McKinnon) —May 11Bid. Ask. America 44'j 47'j Bankers 104’* 1071* Brooklyn Trust 430 440 Central Hanover 230 235 Chase National 81’* 84’* Chatham Phoenix Natl... 63 66 Chemical 41 ’a ’ 43'i Cltv National 82 85 Corn Exchange 110 114 Commercial 275 285 Continental IS’* 21’* Empire 52 55 First National 3.425 3.625 Guaranty 462 461 Irving 32 34 Manhattan A: Cos 80 83 Manufacturers 43’i 45’-* New York Trust 149 154 Public 49’j 52’ 2 New York Liberty Bonds —May 9 S'aS 102 4 Ist 4',s 103.8 4th 4 ’*s 104 13 Treasury 4V*s 102.20 Treasury 3\s 113.1
Thomson & McKinnon INDIANAPOLIS CHICAGO NEW FORK MEMBERS New York Stock Exchange Chicago Stork Exchange New York Cotton Exchange Chicago Board of Trade New York Cnrb Association * Rooms 200-214 Circle Tower Telephone Lincoln 5501
New York Stocks (By Thomson 6k McKinnon)
1/Ty United Press NEW YORK, May 11.—Sales on the New York Stock Exchange to- ; day totaled 1,700,000 shares. Curb ! stock sales totaled 250,000 shares. —May 11— Prev. Railroad*— High. Low. Close, close. Atchison ...173% 172 172 * a 172 Halt & Ohio ... 64 63% 64 64% Chesa it Ohio.. 40% 39% 40% 40% Chesa Corp 41% 41% 41*3 41% Chi N West 33 32 % 33 32% C B I 4 P 47 I>l L & W 62 63 Del it HudEOn.. . ... 132% 133% Erie 22 21% 21*3 22% Great Northern. 57 55 56*4 57% Illinois Central 59 59 MKit T 15% 15% 15% ... Mo Pacific 23 23% N Y Central ...99% 97 97% 98 Nickel Plate 53 NY NH Ac H 78 76% 78 76% Nor Pacific 42% 40% 41% 43% Pennsylvania .. 52’4 51% 51*3 53 Reading ... ... 63Vi Seaboard Air L. % % % ... So Pacific 86*3 84 86 84% Southern Ry.... 39 38% 38% 40% St Paul 5Vi 5 5 5 : St Paul pfd 8% 8% St L 4 8 F 18 17 18 17% Union Pacific ...173 172 173 173 W Maryland... 11% 11% 11% 12 Equipments—- ! Am Car A; Fdy.. ... 21 21 Am Locomotive 19% 19% Am Steel I'd 17% 16% 16% 17% Am Airbrake S. 29% 29% 29% 29% Gca Am Tank.. 60 59 59*3 60 General Elec .... 45% 42% 43% 45 Gen Ry Signal 57 55 Lltri3 Loco 23% ... N Y Airbrake.. .. ... 14% Press Stl Car ... 3% ... Pullman 38% 37% 31% 33.% Westingh Airb 28 28% Westingh Elec .. 62% 59“% 61% 61% Rubbers— Firestone ... ... 15% Fisk > 2 Goodrich 11% 10% 11% 10% Goodyear 40% 39% 4040 Vs Lee Rubber 3*4 3% 3% ... U S Rubik;r 15 14 s * 15 14% Motors— Auburn ...’. 256% 235 252 238 i Chrysler 21% 20 21 20 Graham Paige.. 0% 5% 6 6% General Motors 44% 43*8 44% 43% [Hudson 17% 17% 17% 17% Hupp 8% 8% Mac!: 31 % 30*3 31 31V* Marrnon 6% 6*4 6% ... Nash 32% 30% 32 Packard 8 7% 7% 7% Reo .. ... 6% 6% Studebaker 21 % 20% 20% 20% Yellow Truck . 9% 9% 9% 9% Motor Access— Hendix Aviation 19% 13% 19 19% Bora Warner.... 21% 20% 21% 21 Briggs 16 15% 15 4 15% Budd Wheel 3% 3% 8% BVi Eaton 13% 13 13 13% El Storage 8.... 59 58% 59 59% Haves Body ... 4% 4% Houda 7 6% 6% 7% Motor Wheel 12% 11% 12% 13 Sparks-W 8% 8% Stewart Warner 12% 12*1 12% 13 Tlmkin Roll 45% 45% 45% 45% Mining— Am Metals 14 Am Smelt 37 36% 36% 36% Anaconda Cod.. 28 27% 27% 27% Cal it Hecia ... 7Vi 7Vs 7’/* 7 Cal & Ariz ... 21% Cerro de Pasco. .. ... 17 17 Dome Mines ... 11 11 Freeport Texas. 29% 28% 29% 29 Granby Corp 14' t 14% Gt Nor Ore 21 Vi 21% Howe Sound ... 19% 18% Int Nickel 14% 14 14% 14% Inspiration .. ... 7 Kennecott Cop. .. 21% 20% 21% 21% Magma Cop 8 18 Nev Cons 9% 9% 9'i 9% Texas Gul Sul 42% 40% 41% 41% U S Smelt 18% Oils— Amerada 17% 17 17% ... Atl Refining ... 15*7 15 15 15 Barnsdall 8% 7% 7% 8% Houston 9% 9% 9% 8% Indian Refining 2% ... Ohio Oil 8% 8% 8% 8% Mcx Sbd 16*2 15% 16 15% Mid Conti 9 9 Pan-Amer (B) ... ... 29% ... Phillips 7% 7% 7% 7% Pr Oil <fc Gas... 10% 10% 10% ... Pure Oil 6% 6 6 6% Richfield l% 1% Royal Dutch ... 31*4 30% 31% 30% Shell Un 5% 4% 4% 5% Simms Pt 6 Sinclair 9% 8% 8% 8% Skclly 5% ... Sand of Cal ... 37% 36Vi 36% 37% Stand of N J... 37% 36% 36% 37% Stand of N Y... 19 18% 18% 18% Texas Cos 20% 20* 4 20% 20% Union Oil 17% 16% 16% 17% Steels— Am Roll Ivttlls. 25 Vi 25 25 % 25% Bethlehem 46% 44% 45% 45% Byers A M 40% 38 40 39% Colo Fuel : 16 15% 16 15% Cruc Steel 47 46 47 Inland 46% Ludlum '... 12 11% 11% 11% Midland 20% 20% Newton 12 Repub I & S.. 14 13% 13% 14 U S Steel 113% 110% 112% 111% Vanadium 45% 43 44% 43% Youngst S & W .. ... ... 9% Tobaccos— Am Sumatra , 8% 8% Am Tob new..121 130% 121 121% Am Tob B new.. 125% 124 124% 124% Lig & Myers B 81% 81% Lorillard 19 Vi 18% 19% 18% Reynolds Tob.. 52% 51%. 51% 51% Tob Pr (A) 13 United Cig 7 6% 6% 7 Utilities— Abitibi 5% 5 5V 4 3% Adams Exp 15% 14% 15% 15% Am For Pwr 34% 32% 34% 33% Am Pwr ft Li 45% 44% 44% 45 A T & T 184 180% 182% 181% Col Gas ft El 30% 29% 30 30% Com & Sou 8% 3% 8% 8% El Pwr it Li.... 46% 44% 44% 45 Gen Gas (A)... 5% 5% 5% 5%
Produce Markets
Eggs (country run)—Loss off delivered in Indianapolis. 12c; henery quality. No. 1. 13c; No. 2. 12c. Poultry (buying prices)—Hens weighing 5 lbs. or over, 15c; under 5 lbs.. 14c; Leghorn hens. 13c; 1930 broilers, full feathered, IVi lbs. and up. 27c; under lVi lbs., 25c; bareback. 16c; Leghorn broilers, 23c; ducks. 9c; old cocks. B@9c:; ducks, full feathered, fat whites. 9c; geese, 6c. These prices are for No. 1 top quality, quoted by Klngaai 6 Cos. Butter (wholesale)—No. 1. 27028 c: No. 2. 25026 c. Butterfat—22c. Cheese (wholesale selling price per pound)—American loaf. 22c; pimento loaf. 23c: Wisconsin firsts, 19c; Longhorns, 16c; New York limberger. 30c. By United Press NEW YORK, May 11.—Potatoes —Market weak and lower; Long Island. $2.505i3 barrel; Southern, $1,754/2.50 bbl.: Maine, $2,754/3.50 barrel; Idaho, 40c052.60 sack; Bermuda. $64/8 bbl.; Canada, $1.7503.35 bble. Sweet Potatoes—Market, easy; Jersey baskets. [email protected]; Southern baskets, 75c ’<*s2.7s. Flour—Market quiet and firm; spring patents, $4.65(04.85 bbl. PorkMarket. steady. Mess—s24.so. Lard—Market firm. Tallow—Market, steady; special to extra .03 s a @4 l a c. Dressed Poultry— Market, steady; turkeys, 25044 c; chickens. 25038 c: broilers. 3047144 c; fowls, 144125 c; Long Island ducks, 17020 c. Live Poultry— Market, ouiet; geese. 104812 c; ducks. 1348 24c: fowls, 17 (fj'24c; turkeys, 15030 c; roosters, 134714 c; chickens sjtags, 17c; capons, 17045 c; broilers. 214741 c. Cheese —Market dull and easier; state whole milk, fancy to special 12@12V a c; Young America, 13 4£ 19 Va c. By United Press CHICAGO. May 11.—Eggs—Market, unsettled; receipts. 38,586 cases; extra firsts, n'jc; firsts. 16'ic: current receipts. 14 3 *47 15' 4 c; seconds, 13’ic. Butter—Market, easy: receipts. 15.824 tubs: extras. 21c; extra firsts. 20'74/20 3 ic: firsts. 19 1 -/TYBOc; seconds. 184719 c; standards, 21c. Poultry —Market, unsettled: receipts. 2 cars; fowls, 17',i#/'18c: springers, 26c; Leghorns 14'jc; ducks. 17c: geese. 9c; turkeys, 224723 c; roosters. 13'ic- broilers, 2 lbs.. 34c.; broilers, under 2 lbs.. 31c; Leghorn broilers. 29c. Cheese—Twins. 12’i012 3 *c; Young Americas, 13'ic. Potatoes—On track. 286; arrivals, 177: shipments. 1.096; market, steady to weak; Wisconsin sacked Round Whites. $1.35471 45; Idaho Russets. $1.6047 1.65; Texas Bliss Triumphs. $2,354/2.50; Alabama and Louisiana Bliss Triumphs. $2.1002.50. By United Press CLEVELAND, May 11—Butter—Extras. 25c; standards. 25c. Eggs—Extras. 16 4 c; firsts. 16' *c. Poultry—Heavy fowls. 18c; medium, 20c; Leghorn fowls. 15c: heavy broilers. 354738 c; Leghorn broilers. 31c; ducks. 1547 25c; old cocks. 12c: geese, 1547 16c. Potatoes—Maine Green Mountain, $2.404}2 60. mostly $2.45 472.55 per 120-!b. sack; Idaho Russet, $247 2.25 per 100-lb. sack. By United Press CINCINNATI. O. Mav 11—ButterSteady; creamery in tub lots, according to score. 20.722 c; common score discounted .2 ti 3c; packing stock. No. 1 18c; No. 2. 14c; No. 3.8 c; butter fat, 17019 c. Eggs—- : Steady; cases included: extra firsts. 16c; 1 firsts. 144 c; seconds, 13c: nearby ungraded, 15’.'C. Live poultry—Thin and 1 coarse stock sells only at a heavy discount; fowls 5 lbs. and over. 17c; 4 l'os. nnd over. 19c; 3 lbs and over. 19c; Leg- [ horns. 3 lbs. and over, 14c; roosters 104 c: 1 broilers, colored and full feathered, I'* lbs. and over. 29c; over 14 lbs . 32c; colored, over 2 lbs.. 34c: partly feathered. 15m 20c: Leghorn and Orpington broilers, full feathered. I'* lbs. and over, 25c; over 14 lbs. 30c.
Int! TANARUS& T 29% 27% 28% 28% Natl Pwr & LI.. 30% 29% 29% 29% No Amer Cos 72% 68% 72 71 Pac Gas it E 1.... 48% 47% 48 48 Pub Serv N J 85% 84 84% 83% So Cal Edison 45 45% Std O & El 73% 69% 71% 72% United Corp 24% 23% 237% 24% Ut Pwr it L A.. 24 23% 24 24% West Union ....106% 104% 104% 104 Shipp ig— Am Int! Corp... 15% 14% 15% 15% Am Ship it Com .. ... % ... Inti Mer M pfd < 9% 10 United Fruit .... 58 57% 57% ... Food*— Am Sugar ... ... 50 Armour A 27* 2% Cal Pkg 27% 25% Can Dry 42 41% 41% 41 s * Childs Cos 21 20 j 21 21 Coca Cola 151 Cont Baking... 13 12% ' 12% 12% Corn Prod 69 % 67% 69 68 Crm Wheat 29% Cudahy Pkg 41% 41 41 42 Cuban Am Sug.. 3% 3% 3% 3% Gen Foods 52% 51 Vi 52 51% Grand Union.. 17% 15 16% 15% Hershev 101 98'/. 100 97% Jewel Tea 44 Kroger 35% 337. 34Vi 33 Vi Nat Biscuit.... 74% 73% 74% 74 Pillsburv 31 30% 30% 31% Purity Bak .. ... ... 33% Safeway St 52 51% 51% 51% Std Brands 19% 18% 19 187a Ward Bkg 4% ... Drugs— Coty Inc 97. 9Vi Lambert Cos 797* 77% 78 Lchn it Fink 29 Industrials— Am Radiator 14 13% 13% 14% Certamteed ... 4% 4% Gen Asphalt.... 22% 217'* 217. 22% Lehigh Port 12 Otis Elev ; ... 39 38% Indus Chems— Allied Chem 129% 121% 123 122% Com Solvv .... 14% 13% 13% 13-;b Union Carb.... 51% 49 497 k 52% U S Ind Alco 32 31% 32 32% Retail Stores— Assoc Dry Gds 22% ... Gimbel Bros ... 5% ... Kresge S S 28 26% 27% 27% May D Store 34 33 33% 33% Mont Ward 20% 19 20 19% Penny J C 37 36% 37 36% Schufte Ret St 8 Sears Roe 55% 53% 53% 547* Woolworth 71% 69 717a 72% Amusements— Col Graph 97* 8% 9% 97* Croslgy Radio 4% ... Eastman Kod . .158% 155% 158 159% Fox Film A 177 4 14% 16% 177* Grigsby Gru ... 4 3% 37* 37a Loews Inc 44% 41% 43% 43% Param Fam .... 29 27% 29 28 Radio Corp 21% 19% 207 k 20% R-K-O 18 17% 18 17% Warner Bros ... 8 7% 77* 8 Miscellaneous— City Ice ftFu... 327* 31% 317i ... Congoleum 10 9% 10 9% Am Can 109% 105 s * 107 107% Cont Can 54% 537% 53% 54V* Curtiss Wr 3% 3% 37s 3% Gillette SR .... 38% 35 38% 35% Real Silk 16 15* i Un Aircraft 327* 30% 317s 31 % Int Harv 48% 46 48% 47%
Banks Clearings
INDIANAPOLIS STATEMENT —Mav 11— Clearings $3,039,000.00 Debits 5.509.000.00 CHICAGO STATEMENT —Mav 11Clearings $57,600,000.00 Balances 2.900,000.00 TREASURY STATEMENT —Mav 11Net balance for Mav 8 $219,184,162.58 Expenditures 29,408,155.06 Customs rects. month to date 8.610,521.47 FANCY SPECS TRAP" 5 AS BANK BANDITS Well-Dressed Man Believed “Spotter” for Holdup Gang. By United Press NEW YORK, May 11.—A pair of Pince Nez glasses today proved the undoing of a band of five men whom police accuse of holding up banks in several eastern cities for almost $1,000,000. The gang was trailed night and day for nearly nine weeks before police arrested them. They have been definitely linked with seven holdups, according to police. Their downfall came when two detectives discovered Robert Maple of New York, a well-dressed man of middle age and wearing a pair of pince-nez g’asses leaving a bank. Shortly before each holdup, they said, bank officials reported that such a mem had visited them on one pretext or another, apparently to “spot” the layout of the bank. Births Bovs Martin and Margaret Dugan. 713 North Belmont. Harold and Hazel McCollum, Methodist hospital. Robert and Jessie Gardner, Methodist hospital. James and Teresa Cave. 39 North Tacoma. Jessie and Dortha Chastine. 134 South Arsenal. Albert and Nellie McAlister. 1529 Reisner. Tilford and Retta Jones. 211 West Fourteenth. Roy and Pearl Hammond. 423 North Noble. Girls Herman and Marguerite Hess. Methodist hospital. Ralph and Ivy Jones. 1415 Llndy. Charles and Clova Manion. 406 East Raymond. Walter and Velma Cure. 926 North Belmont. Raleigh and Dakota Hallman, 3023 East Twentv-third. Charles and Helen Powell. 911 Torbett. John and Minnie Schimmel, 703 West 30th. Twins Fred and Cecelia Richardson. 2018 Tipton. boys. Deaths August M. Boehm, 66, 2851 North Capitol, chronic myocarditis. Grant Myers. 68, 2742 Alien, chronic myocarditis. William L. Egry, 66. Christian hospital, carcinoma. Gloria Jean Miller, 4. Methodist hospital, broncho pneumonia. Martha Seward, 73. 3315 Central, carcinoma. Marcha Marie Smith, 12. Riley hospital, epilepsy. Isa Dora Blecklidge, 52. 1524 South East, cerebral apoplexy. Charles Ross Metzler, 58. Long hospital, hypostatic pneumonia. Jeanette Culling, 75. loa4Vi South Meridian. chronic myocarditis. Mary E. Foust, 63, 815 Highland, arteriosclerosis. Forest F. Shields. 4 months, 1016 South Belmont, broncho pneumonia. Lois Jean May. 4. 313 East Thirtieth, measles. Carrie Pennington, 65, Christian hospital. carcinoma. Sarah E. Rosenbarger. 78, 3738 Hawthorne Lane, cerebral apoplexy. Frieda E. Brown. 28. 310 West Michigan, pulmonary tuberculosis. George W. McCarty. 43. 3510 North Pennsylvania, angina pectoris. Retta Shell, 39, 856 South Pershing, carcinoma. Mamie De Mar, 49, 1702 Sheldon, apoplexv. Ora Belle Marlin. 18, 1050 North Belmont. pulmonary tuberculosis.
Chicago Stocks Opening tßy James T. Hamill & Cos.) —May 11— tsso Tel UtU.. 24’2 : Insull G’s of 1940 84 3 i Bendix Avia ... 187*! Midland Unit Cos 19 Bore W’arncr .. 21 Mid United pfd 39’ 2 Cora Corp .... ll 3 * Midwest Com... 19'* Con Chi Cor Cos 5 7 a;No & So Amer.. 7’* Elec Household. 20 7 8 Swift it Cos 27’* Insull Com ... 32 3 * UtU & Ind Com 6’s Insull pfd 79 I Other Livestock By United Press TOLEDO. May ll.—Hogs—Receipts. 250: market, steady to 10c higher: heavies. $6.50 0 6.75: mediums. $6.750 7: Yorkers. $7.15 @7.40: Dies. $7. Cattle—Receipts, light: market slow. Calves —Receipts, light: market. slow. Sheep—Receipts. light market. 25c higher: sorts considered. By United Press PITTSBURGH. May 11.—Hogs—Receipts. 1.750; market, steady to strong; better grade 150-210 lbs., $7.600 7.75; top. $7.80; 220-250 lbs . $7.25 0 7.50; heavier weights, down to $7; pigs, steady. *7.2507.50; packing sows, slow: bulk. $5.5006. Cattfc —Receipts, 550; steers, slow; medium to good steers. $7.25 08.10: she stock, steady; common cows, $4.50@ 5.50: cutters. S3O 4; bulls, steady; $405.10; hellers, $6.5007.25; calves, receipts. 1.200; earlv sales fairly steady: good to choice vealers. $7.50 09; common to medium. $4 07.25. Sheep—Receipts, 1,250: lambs, slow; shorn lambs, $809; aged stock slow; weathers, $3.500 4. By United Press EAST BUFFALO. May 11.—Hogs—On sale. 5.60 Q; active to all interests; strong to 10c higher; bulk desirable. 120-200 lbs., $7.7507 8a; 220-160 lbs.. *7.25 0 7.60 hig weight butchers, downward to *7. Cattle —Receipts. 1,500: dependable trade on ail classes and trade; steady to strong, quality improved; choice 1230-lb. steers. $12.50near choice yearlings. $8.75; good steers and yearlings, $808.50; medium kinds, $7.2507.75; fat cow’s. $506; cutter grades. $2 5004; calves, receipts, 200; vealers fairly steady: more drastic sorts considered; good to choice, *8.50 to mostly *9; common and medium. *507. Sheep—Receipts. 2,600: lambs, active: 25050 c; good to choice clippers, $9 25 0 9.50: few decks, *9.6509.75; medium kinds, *8.5009; few spring lambs. 4112.50013; aged wethers, *4.75; Xat ewes, *303.50, law *4,
. THE INDIANAPOLIS TIMES
PORKERS SHOW STEADY TREND AT CITY YARDS Cattle and Vealer Markets Unchanged; Sheep Hold Even. HOGS May 4. $6.3077 7.35 $7.35 4.000 5. 6.80'® 7.25 7.25 4.000 6. 7.10® 7.50 7.50 4.000 7. 7.00® 7.40 7 40 6.000 8. 6.90® 7.30 7.30 5,500 9. 7.00® 7.40 7.40 1.500 11. 7.00® 7.40 7.40 5.000 Hogs were steady this morning at the Union Stockyards, prices ranging even with the close of last week. The bulk, 160 to 300 pounds, sold for $7 to $7.40; early top holding at $7.40. Receipts were estimated at 5,000; holdovers were 79. Cattle were generally steady, receipts numbering 500. Vealers held unchanged; new arrivals were 500. Sheep showed no change -with receipts of 100. Chicago hog receipts were 38,000, including 12,000 direct; holdovers, 1,000. Opening slow, few sales and most bids around steady with Friday’s average. Choice hogs weighing 160 to 200 pounds sold at $7.10 to $7.20, while small assorted lots were selling at $7.25. Heavy hogs weighing around 240 to 290 pounds sold at $6.65 to $6.90. Cattle receipts were 17,000. Calves, 2,000, and steady. Sheep receipts, 14,000, and 25 cents higher. HOG? Receipts. 5,000: market, steady. —Light Light—-(l4o-160) Good and choice...s 7.25® 7.40 —Light Weights—-(l6o-180 Good and choice... 7.35® 7.49 (180-200) Good and choice... 7.35® 7.40 —Medium Weights—-(2oo-220) Good and choice... 7.30® 7.35 (220-250) Medium and g00d... 7.20® 7.30 —Heavy Weights—-(22o-250) Medium and g00d... 7.00® 7.20 (250-290) Medium and g00d... 6.75®7.00 —Packing Sows—-(27o-500) Medium ana g00d... 5.35® 6.00 (110-120) Slaughter pigs 7.00@ 7.15 CATTLE (Slaughter Class) Receipts, 500; market, steady. —Steers— Good and choice $ 7.00# 9.25 Common and medium 5.50® 7.00 (1.100-1.500) Good and choice 7.00® 9.25 Medium 6.00® 7.00 —Heifers—-(soo-850) Good and choice 7.25® 9.25 Common and medium 5.50® 7.25 —Cows— Good and choice 5.00# 6.00 Common and medium 4.00® 5.00 Low cutters and cutters 2.75® 4.00 —Bulls (yearlings excluded) Good and choice beef 4.00® 5.00 Cutter, common and medium.. 2.75® 4.00 CALVES AND VEALERS Receipts. 500; market, steady. Good and choice $ 7.50® 8.00 Medium 5.50® 7.50 Cull and medium 3.00® 5.50 —Calves—-(2so-300) Good and medium 5.00® 7.00 Common and medium 3.00® 5.00 STOCKERS AND FEEDER STEERS Good and choice 6.00® 7.75 Common and medium 4.50® 6.00 (800-1.500) Good and choice 6.75® 7.75 Common and medium 4.00® 6.00 SHEEP AND LAMBS Receipts, 100; market, steady. (Shorn basis, except spring iambs) Good and choice $ B.oo® 9.00 Common and medium 6.00@ 8.00 Spring lambs 10.50®12.00 Ewes, medium and choice 2.50® 3.25 Cull and common 1.50® 2.75
Other Livestock By United Press CHICAGO. May 11.—Hogs—Receipts, 38,000, including 12,000 direct; opened slow, around steady with Friday, later trade active, strong to 70c higher; top, $7.30; bulk 160-210 lbs, $7. 7.25; packing sows, mostly $5.60®5.85; strong weight pigs, $6.75®7.10; light lights, 140-160 lbs, good and choice, $7.10®7.30; light weight, 160-200 lbs, good and choice, $7.15®7.30; medium weights, 200-250 lbs, good and choice, [email protected]; heavy weights, 250-350 lbs, good and choice, $6.25®6.95; packing sows, 275-500 lbs, medium and good, $5.50®6; slaughter pigs, 100-130 lbs, goooa and choice, $6.75®7.15. Cattle- Receipts, 17,000; calves, receipts, 2,000; largely steer run; weighty kinds in excessive supply, bidding 25c low'er on offerings scaling 1100 lbs. upwards; light steers and yearlings, about steady; early top light yearlings, $9 with numerous loads, [email protected]; best heavies early, $8 but some held considerably higher; other classes mostly steady; slaughter cattle and vealers: steers, 600-900 lbs, good and choice, $7.75®9.50; 900-1100 lbs, good and choice, $7.75®9.50; 1100-1300 lbs, good and choice, $7.75® 9,25; 1300-1500 lbs, good and choice, [email protected]; 600-1300 lbs, common and medium, $5.75@8; heifers, 550-850 lbs, good and choice. [email protected]; common and medium, $5.25®6.75; cows, good and choice, ss®6; common and medium, $4.50@5; low cutter and cutter, $3.25®4.50; bulls, yearlings excluded, good and choice, beef, s4® 5.25; cutter to medium, [email protected]: vealcars. milk fed. good and choice, $7.50@9; medium, $6.50®7.50; cull and common, $5®6.50; stocker and feeder cattle: steers, 500-1050 lbs, good and choice, $7®8.25; common and meduim. $5.25@7. Sheep— Receipts, 14,000; early market, 154i25c higher; better grade wooled lambs, $9.25® 9.85; few clippers. sß® 8.25; California springers unsold; natives, $11@12; outstanding clipped ewes, $3.40; slaughter sheep and lambs: lambs, 90 lbs. down, good and choice. [email protected]; medium, $8.25® 9: 91-100 lbs, medium to choice. $8®9.75: all weights common. $7®8.25; ewes, 90-150 lbs, medium to choice. $2.75®4; all weights cull and common, [email protected].'
LAFAYETTE, Ind., May 11—Hogs— Market, steady all the wav: 160-180 lbs., 7.20: 180-200 lbs.. $7.15; 200-210 lbs.. $7.10; 210-220 lbs.. $7.05: 220-240 lbs., $7: 240260 lbs.. $6.95: 260-280 lbs.. $6.85; 280-300 lbs.. $6.75; 300-325 lbs.. $6.60: 140-160 lbs $6.75; 120-140 ibs.. $6.60: 100-120 lbs., $6.50; roughs. $5.50 down; top calves, steady; top lambs, steady; extreme top, $9. By United Press , CINCINNATI. May 11— Hogs-Receipts. 2.600; holdover none; moderately active, mostly steady to 5c lower; better grade. 160 to 220-lb. averages, largely $7.60; 225 to around 265 lbs.. S7O 7.50; 280 to around 310 lbs., quotable $6.5006.75; 130-150 lbs largely $7.10; sows. $5.25. to mostly $5.50. Cattle—Receipts. 800; calves, 450; slow about steady; some weakness on fat cows’ So® 1 "?? medium steers and heifers. $5.7507: better finished kind. $7.500 8: two 'ots vearllhs heifers. $8.25; beef cows. $4.75 @s.do; low cutters and cutter cows. 53.25 0 4.50; bulls. $5 down; vealers steady to weak: good and choice. S7O 8; lower grades largely $5.60 down. Sheep—Receipts. 150: active: fully steady; better grade truck lambs mostly sl2; choice car lambs eligible at $12.50; common and medium $9011.50; fat ewes. $3 down. | —.... By United Press EAST ST LOUIS. 111.. May 11—Hogs— Receipts, 11.500; market, active; generally strong to 5c higher: some heavy weights up more: early top, $7.50; most 230 lbs. down. $7.1007.25: some 260 lbs., $7; fotvs. lar 2lv $5.6505.75. Cattle—Receipts. 3.300. Calves—Receipts. 1.800: market, beef c °ws. steady to strong: vealers. 25c lower at $8.50: other classes steady; steers. S6O 8.10: top heifers. $8.85: cows. $4 5005 2o ; low cutters. $303.56: meduim bulls. $4! Sheep—Receipts. 2.500: market, opening bu . t . cher l'. steady; spring lambs.' $11011.00; clipped lambs to butchers $8 50nothing done in other classes: indications’, steady. By United Press „FT. WAYNE. Ind.. Mav 11.-Hogs-Market. l°@lsc higher: 100-140 lbs.. $6.60; 140-160 lbs "J s6 - 8:i : 160-180 lbs . $7.10: 180200 lbs.. $7 20? 200-220 lbs.. $7.10' 220-240 lbs.. $7: 240-260 lbs.. $6.90; 260-285 lbs.., $6.70 : 280-300 lbs.. $6 60; 300-350 lbs *6 50: roughs. $5.25: stags. $3.50: calves $8: wooled lambs. $8; clipped lambs. $9; spring lambs. $lO. , I¥, ay 11 —Hogs—Receipts. 3.100; holdover. 71: around 10 to 25c higher mostly 15c up; bulk. 210 Ibs. down, including pigs, $7.65; only a few strictly choice. $7.75: 220-250 lbs.. $7.40; 260-300 lbs.. $7.25; sows. $5.7506. Cattle—Receipts. 750: generally steady except on steers, carrvin weights;, beefs low. some bid lower: bulk, common to medium light steers. [email protected]; asking around $8 on others: low cutter and cutter cows. $2.50 04. Calves—Receipts. 1.000: vealers. strong to 50c higher: sorts considered; bulk $9 down: cull to medium. s6@B mostly. Sheep —Receipts, 1.200; lambs, active. 50075 c higher: better graiN shippers upward to $9.25: best held above $9.35; common to medium kind, $7.50 0 8.50. LOUISVILLE. Kv.. Mav 11—Hogs—Receipts. 100: market steady; 225 lbs ud $6.70: 165-225 lbs.. $7.25: 130-165 lbs.. $6 55: 130 lbs. down. $3.90; roughs. $4 2005.20; stags. $3.45. Cattle—Receipts. 600; market active: steady; prime heavy steers $7.250 8: heavy shipping steers. $6.25 0 7.25: medium and niain steres. 55.5 C 06.25: fat heifers. $6.500 8.25: common to medium heifers. 5506.50: good to choice cows. $4.250 5 50; medium to good cows. $3.50® 4.25: cutters. $3.2503.50; canners. $2.500 3 bulls. $304.75; feeders. $6.5007.50; medium to good feeders. *506.50: stockers. $5.50# 7.25. Calves—Receipts. 400: market. 50c lower; good to choice $606.50: fanev. *7: outs. $5 down. Sheep—Receipts. 500: market steady: spring lambs. sll #l2: fall lambs. *708: sheep. *203. Saturday and Bunday shipments; Cattle, none; calves. 1 747; hogs, 341; sheep. 640.
BELIEVE IT or NOT
a" WELL THAT SPEAKS ~ In Troo, Montoire, France, There is A well that * ACCEPTED ICHANCES JN repeats whole phrases spoken into it j ONE SEASON **' 1907 'O 1931 fCin* Peat-jra Syndicate.lae.. (Hit
The City in Brief
TUESDAY EVENTS Rotary Club luncheon. Claypool. Gyro Club luncheon, Spink-Arms. Mercator Club luncheon. Columbia Club. Architectural Club luncheon. Architects’ and Builders’ building. Purchasing Agents’ Association luncheon, Scverin. American Chemical Society luncheon. Chamber of Commerce. Universal Club luncheon, Columbia Club. University of Michigan Alumni luncheon. Lincoln. North Side Exchange Club luncheon, 3810 College avenue. Alliance Francaise luncheon, SpinkArms. Indianapolis Republicans Veterans luncheon. Board of Trade. Indianapolis Medical Society, 8:15, Athenaeum. Articles of incorporation have been filed with the secretary of state by the Indiana Motorists’ Association, 3081'Torth Meridian street. Emory S. Conner, one of the incorporators, will be manager. South side civic clubs’ central committee will discuss proposals of serving the city with natural gas at 8 Wednesday night in the Fountain Square Theater building assembly room. The committee has invited Captain Lewis Johnson to confer on ways of improving parking conditions at Fountain Square. Officers re-elected at the annual meeting Saturday of the Indiana Association of Certified Public Accountants at the Severin are: James C. Olive, Indianapolis, president; Earl E. Thomas, Evansville, vicepresident; A. J. Roney, Indianapolis, secretary; A. R. Chapman, Indianapolis, treasurer, and Harry Boggs, Indianapolis, director. Charles M. Sharp, vice-president of Emmerich Manual training high school will be a member of the faculty of Butler university’s college of education summer school opening June 15. Professor J. O. McKinsey, Chicago, will discuss “Budgetary Control” at a dinner-meeting of the Indianapolis chapter, National Association of Cost Accounts, Wednesday, 6:30 p. m., at the Lincoln. Officers and directors will be elected. The Rt. Rev. Joseph M. Francis, bishop of the Indianapolis diocese of the Episcopal church, has been appointed a trustee of the new Husa Chung, or Central college, to be situated at Wuchang, China. Six other prominent Episcopalians will comprise the board of trustees in the United States. “Transportation” will be the subject of Ralph C. Miller, general superintendent of the western region, southwestern division, Pennsylvania railroad, at the Rotary Club luncheon Tuesday at the Claypool. Dramatic art students will be presented by Mrs. Helen Morton in two playlets at the Brookside park auditorium Tuesday night. Indianapolis Lions Club will celebrate ladies’ day at its weekly luncheon Wednesday in the Lincoln. Arthur J. Casey, managing director bf the stock company now appearing at English’s, will address the Kiwanis Club at its weekly luncheon in the Claypool Wednesday. Stricken with heart disease while in a garage at 2705 East Washington street, Henry Daugherty, 55, of Manhattan, Kas., died Sunday before medical aid could be obtained for him. Daugherty was on an automobile trip from Columbus, 0., to Kansas. Joe Venezia, Arsenal Technical high school student, possessor of more than a hundred motorboat race cups, won the 135-mile Class C race down the Hudson from Albany to New York Saturday. Lewis S. Finch, chief inspector of the sanitary engineering department of the state health board, will address the Indianapolis chapter of the Izaak Walton eLague at 7:30 tonight in the Athenaeum. Charles S. Tarlton was re-elected president of Company H, One hundred fifty-eighth Indiana volunteer Infantry* at the thirty-third reunion Saturday.
On request, sent with stamped addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.
Following Is the explanation of Ripley’s “Believe It or Not,” which appeared in Saturday’s Times: Pat Caraway—ln the second game Caraway played in organized baseball (he was with Terre Haute in the Three-Eye League), he relieved Tex Nugent on the mound in the fifth inning of a game with Bloomington. The bases were full and on the first ball Caraway pitched the batsman hit a hard grounder to Usatt, third baseman, who touched third and then threw to second, and second threw to first, completing a triple play, forcing runners on all bases. Caraway now is with the Chicago White Sox. A Horned Toad Never Drinks— The horned lizard (Phrynosoma cornutum), or horned toad, as it commonly is called, is, in many respects a remaTkable specimen of the lizard family. They always are small feeders, and are capable of undergoing long fasts with impunity. As they are habituated to a. dry atmosphere, they never drink, and may be sent long distances by parcel post, packed in dry waddings. Reference: New Natural History, by Richard Lydekker, Merrill & Baker, New York. Tuesday: The first cartoon from Ripley In Africa.”
Indianapolis Stocks
—May 11Bid. Aik. American Cent Life Ins Cos. .1,000 Belt, R R & S Yds Cos com... 33 3 i 39 Belt R R & S Yds Cos pfd 6% 49',' 2 54'/a Bobbs-Merrill Cos. $2.25 20 27 Central Ind Pow Cos pfd 75.... 84 87 Circle Theater Cos com 7s 100 Citizens Gas Cos com 10s .... 24 Citizens Gas Cos pfd 5s 97 Vx 101 Commonwealth Ln Cos pfd 85..100 Commonwealth Loan Cos pfd 7s 98 Vi 103 Hook Drug com 7 Indiana Hotel Cos Claypool com. 105 Ind Hotel Cos pfd 6s 100 Indpls Gas Cos com 6s 57 61 Indpls Pow & Lt Cos pfd 6’/25.104 106V2 Indpls Pub Welf Ln Assn cm 8s 50 V.. Indpls Wa Cos pfd 5s 101 Pub Servos Ind 7s 99 101 ’2 Pub Servos Ind 6s 83 87 Metro Loan Cos 8s 100 Indpls Wa Cos pfd 5s 101 North Ind Pub Ser Cos pfd s'/is 92'A 97'/ 2 No Indiana Pub Sv Cos pfd 65.102 Vi 105 No Indiana Pub Cos 7s 110 E Rauh & Sons Fert Cos pfd 6s 47 Shareholders Invest Cos 8 Ter Haute Tr & Li Cos pfd 6s BIV2 ... Union Title Cos com 3s 23 Van Camp Prod Cos Ist pfd 7s .. 93 Van Camp Prod Cos 2nd pfd 8s ... 93 Auburn Automobile Cos c0m...252 254 Backstay Welt Cos com 14>/ a 18 Ind Pipe Line Cos 17 18 Link Belt com 26 - 28 Lynch Glass Machine Cos com 17Vi 18'/i N Y Central Railroad Cos 97 98 Nat Tile Cos com 5-6 19 22 Noblitt Sparks Industrial Inc 36 38 Perfect Circle Cos com 26 27 Real Silk Hosiery Mills Inc Cos 15',i 16'/i Standard Oil Cos (Indiana) 26 27 Studebaker Corporation 20 22 Ross Gear 18'i 20'i : Natl Tile 4Vi 5'4 •Ex-dividend. BONDS Eelt R R & Stk Yds Cos 4s Cent Ind Gas Cos 5s 99 I Cent Ind Power Cos 6s 97>/ a Citizens Gas Cos 5s 99 162 Citizens Street Railroad 5s 25 Home T & T of Ft Wavne 6s. 102 Ind Railw & Light Cos 5s 93 96 Indpls Pow & Li Cos 5s 101 103 Indpls Gas Cos 5s 101 102'i Indpls Street Rys ’4s 16 .. Indpls Trac Terminal Cos 55... 41 Vi 46U Indpls Union Ry 5s 100 Indpls Water Cos s'is 1054 103 io4’A Indpls Wat Cos Ist lien & ref 5s 98 Indpls Water Cos 4Us 103',i 105'i Indpls Water Wks Sec Cos 5s 89 Interstate Pub Ser Cos 4Vis 92 Interstate Pub Ser Cos B 6Vi5..103 No Ind Pub Serv Cos 5s 102'i No Ind Teleph Cos 6s 99% ioo STILL OPERATOR JAILED Family Pleas Fail to Save Negro From Ninety-day Sentence. Although members of his family pleaded for leniency, Dave Fulton, Negro, 1628 Shelton street, was sentenced to serve ninety days on the state penal farm and fined SIOO today for operating a still by Municipal Judge William H. Sheaffer. Convicted of a series of charges after he was involved in an auto crash several days ago, Silas Bell, Negro, 35, of 2351 Shriver avenue, was sentenced sixty days and fined SIOO for operating a vehicle while drunk. WAR BUDGET CUT.SEEN By United Press WASHINGTON, May 11.—Patrick J. Hurley, war secretary, upon his return today from President Hoover's Rapidan camp, where reduction of army expenses was discussed, said that abandonment of some isolated military posts no longer necessary to the national defense would be one method employed to reduce the war department’s budget. He declined to specify such posts.
wr Registered O 8. I1 \ Patent Offica RIPLEY
Dow-Jones Summary
Saylor, president of Canada Dry Ginger Ale. says in April earnings were more than sufficient to cover dividend requirements for current quarter. Standard Gas and Electric In twelve months to March 31. 1931 earned $5.66 a common share. Childs Company April sales off 11.6 per cent from year ago to $2,058,973. Four months $8,095,G32, off 12 per cent. Federated Department Stores and subsidiaries in year to Jan. 31, net $2.34 a share on 898,388 shares. In preceding year, $2.17 a share on 860,245 shares. Chicago Burlington & Quncv railroad April net operation income was estimated at $1,332,000. Month ago $2,047,495. Year ago $2,312,717. Frigidalre Corporation household division April sales Increased 77 per cent over March. Carload shipments 23 per cent higher. Humble Pipe Line proposes 20 per cent rail cut on crude oil from Texas fields to refineries. Gillette Safety Razor Company stockholders to vote July 10, on profit-sharing plan with new president. Advance Rumely stockholders of record May 18, to vote on May 25, on proposed sales exchange and disposition of certain assets to Allis-Chalmers Manufacturing Company. Mountain States Power Company year ended Dec. 31, 1931, net profit $371,841, after taxes interest and depreciation, against $415,405 in 1929. Federal reserve board business bulletin shows increase of 9 per cent in department store sales in April over March. Westinghcuse Electric gets National Tube Company order for ninety electric motors, rating from 1 to 400 horse power. Irving Fisher’s whosale commodity price index at new post-war low of 72. off 1.1 per cent from previous week. t Pn#"? hast seven days of May Rock Island handled 28.489 revenue cars, against 27,268 in like period in April, and 33,106 in like period of 1930. Middle West Utilities and subsidiaries first quarter consolidated profit, $7,671,098 before depreciation, against $8,535,544 year ago. Twelve months $33,370,024. against $31,955,502. Youngstown district steel operations to continue this week unchanged to 42 per cent of capacity. CHURCH COMPETITION TOO MUCH FOR CAFES New York Restaurant Owners Ask Halt On 25-Cent Meals. CORNING, N. Y., May 11.—Church competition is endangering the busines of local restaurants, according to complaints made to the Chamber of Commerce by restaurant proprietors. The restaurant men claim that their patrons watch for the announcement of church dinners, desert their favorite restaurants and obtain $1 dinners for a quarter. Food for the church dinners is donated. LEARN MUSIC BY AIR Europe Radio Stations Teach Anything From Harmonica on Up. By United Press PARIS, May 11.—Europe is beginning to pick its music lessons out of the air and if you tune in on the right station you can learn to play anything- from a harmonica to a zither. The Koenigsberg station conceived the idea this winter and now all the big stations are copying lt and. as you turn the dials you hear piano lessons and teachers of snaredrums and castanets expounding their technique. IT’S A LOT OF CHEESE Production of Industry in U. S, in 1929 Was $120,000,000. By United Press WASHINGTON, May 11.—A complete review of the American cheese industry for 1929 has been issued by the census department of the department of interior, showing an annual production valued at almost $120,000,000. RAW SUGAR PRICES —May 9 High. Law. Close. January 1.39 March 1.45 1 44 1.45 May 1 52 1.50 1.52 July 122 4I 20 1.22 September 1-31 1.30 December 1-3* “7 1.3*
-MAY 11,1931?
WEATHER NEWS SENDS FUTURES MARKET LOWER Scattered Rains and Weak Liverpool Trade Affect All Grains. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO. May 11. —Wheat turned dull and quiet after the initial decline on the Board of Trade j today and closed around early figI ures after holding to a very narrow I range that failed to equal the previous close at any time. Disappointing Liverpool cables and selling resulting from the beneficial rains over the northwest the last week were the chief factors. Unfavorable developments In Kansas wheat were ignored. Com was unsettled, but mostly around steady with the close o:* Saturday, May showing some strength and July inclined to weakness. Oats trade was light and uncertain, with prices moving in a very restricted range. Close Is Weak At the close wheat was % cent lower, with May unchanged; corn was % cent lower to % cent higher and oats were unchanged to % cent lower. Provisions were easy. Liverpool continued weak and declining, finishing % to % cent lower. Buenos Aires opened % to % cent, higher. The tone at Winnipeg was steady early on the failure of dry sections of the Canadian provinces to receive moisture and the forecast for a continuation of the clear, cool weather. Cash prices were unchanged to 1 cent higher. Receipts were 110 cars. Corn firmed to around the previous close when local buying followed the initial drop, but prices failed to hold and at mid-morning the market stood % cent lower to hi cent higher. July exhibiting weakness. Cash Com Higher The continued wet weather over the belt was the chief influence, but the steady tone in the cash market had some effect. Receipts were very light. Cash prices were hi to 1 cent higher. Receipts were fiftytwo cars. Oats had a very narrow range early and at mid-morning stool % cent lower to % cent higher. Scattered commission house selling of old May and some buying of May against sales of July at J 4 cent difference supplied the bulk of the activity. There was no news of importance. Cash prices were hi to % cent higher. Receipts were twentysix cars. Chicago Grain Table WHEAT— _MaV U ~ Prev. „ , , . Open. High. Low. Close, close. May (old) .62% .82* .82% .82% .82% (New) .84% 84% .84% JulY 63% .63% .62% .63 .63% Sept 62% .62% .62 .62% .63 D corn— 66 66 ’ 4 • 655i • 65, “ • 66 ' a May (old) .59% .60% .59% .60% .59% (New) .60% .60% .60 .60% .60% J' 11 ? 61% .62 .61 .61% .61% Sept 59% .60% .59 % .59% .59% 2 ’ 4 -527 ® • 51 *® - 51 ’ 8 • 52,/: * May(old) .28% .28% .28% .28% .28% (New) .28% 28% .28% i u ’ v , 28 % .28% .28% .28% .38% SePt 28'a .28% .28% .28% .28% RYE— ‘ 31 • 31 ' 8 31 May (new) .37 37 isii D 43 • 43 ’- •’ •* Siiiy:::: |-g Sept. ... 8.37 8.37 8.35 8.35 RAO ° BELLIES - ' 832 837 May pO7 oqa July .... 9.10 .io 9.07 sio? flllO By Times Special ._^ I f K AGO ; May 11.—Carlots: Wheat. 88: corn, 46. oats. 37; rye. 2; and barley. 4. By United Press WheaS—Nr?’ i l -T, C r ash eraln closr 84?■ fer N i“ J ru ard - 84 H C; No - 2 hard. mivori N •4Qi/?? rt w ern a 84 4 - Corn-No. 1 35 s fol c V N< l- 2 „ mixed. 59%c; No. 3 nnved. 59c. No. 1 yellow. 60%®61%c- No 2 vellow. 60%®61%c; No. 3 yeflow, ss%® No - 2 white, 61 %®62c. Oats—No 2 3 wh| te. 29®29%e. sy sg; ! ss-i’Br efts SUES FOR $20,000 IN STREET CAR MISHAP City Woman Charges Street Hole Caused Her to Fall. Damages totaling $20,000 for an alleged permanent injury resulting from a sprained ankle, received while alighting from a street car are sought in a suit filed against the city of Indianapolis in superior court five by Mrs. Beatrice Highlev 662 East Twelfth street. The complaint alleges that due, >.O repairs being conducted on the street at time of the accident, Mrs Highley stepped In a hole upon leaving the street car at College avenue and East Twelfth street. May 2, 1930, injuring her knee and ankle.
VOTING IN MINNEAPOLIS “Dirty Politics” Charges Enliven Mayoralty Election. Minneapolis. Minn., May 11.— Charges of “dirty politics” and police corruption enlivened the Minneapolis city primary election today. Mayor W. F. Kunze is a candidate for re-election. He has seven opponents—William A. Anderson, Thomas J. Caton, Arthur Kasserman, George E. Leach, George E. Powers, Jack E. O'Rourke and Clyde A. Weaver. Two of the candidates will be selected today to meet for the mayoralty in the election on June 8. BAIL OUT DRY KILLERS U. S. Agents to Face Federal Trial on Murder Charges. By United Presa ABERDEEN, Miss., May 11.—Three federal prohibition agents, charged with murder in connection with the slaying of a young farmer during a liquor raid, were freed Saturday on SIO,OOO bond each, and their trial was ordered set in federal court. Charges against the agents, D. J. Hendricks, Henry Furr and Willey Wright, were filed by the father of Wales Land, 27, who charged the agents shot his son in the back Wednesday and then placed the body on the porch of the Land home and left. The agents testified they shot to defend themselves.
Local Wagon Wheat
City grain eljvator* are paving 68c for No. ,f red wheat and 66c ter No, 1 hard wheat.
