Indianapolis Times, Volume 43, Number 3, Indianapolis, Marion County, 14 May 1931 — Page 18

PAGE 18

STOCKS WEAKEN AFTER DRIVE ON STEEL COMMON Railroad Issues Again Hit New Lows for Move: Range Narrow.

Average Stock Prices

Average of thirty industrials for Wednesday was 149 93, off .61. Average of twenty rails was 83.31, off 1.37. Aver•<<?r of twenty utilities was 60.23, off .06. BY ELMER C. WALZER United Trrs* Financial Kditor NEW YORK, May 14.—United States Steel common stock continued its descent toward the 100 level on the Stock Exchange today. The issue mdde anew low since 1924, at 108'2, off a point from the previous close. The drive against Steel was an unsettling factor for the entire market which had been fairly steady for a time in the earlier trading. Prices fell off from their highs all around, but there were no wide breaks. Demand was lacking in nearly all quarters. Rail Shares Weak At the outset and for a time in early trading firmness was shown by the leaders following a better market in London, the latter helped by a reduction in the Bank of England discount rate from 3 to 2'i per cent. Weakness in railroad shares was a feature. Missouri Pacific preferred and common shares made new lows since 1924 at 55, off 4*2 and 19, off respectively. St. Louis Southwestern at 12!£• was off l’i and the lowest since 1921. Atchison lost 2 1 i to 165 and Union Pacific 162%, off 4'i. Copper Stocks Dip American Can dipped more than a point from its early high of 106 Vi and corresponding declines were made by Bethlehem Steel, Allied Chemical. Radio Corporation, Montgomery Ward, American Telephone, Woolworth and Westinghouse Electric. J. I. Case met support and held part of a gain of more than a point. Weakness in the market for copper metal brought further selling into copper stocks where American Smelting dipped 1* to 33 '.2, anew low for the present shares. Trading continued quiet in the general market. Call money held at the renewal rate of 1 1 _ per cent, but funds were in supply and were offered in the outside market as low as 1 per cent.

Banks Clearings

INDIAN ATOMS STATEMENT -Mav 14— . Clearings S E'Mooo Debits • b. *0.000.00 ftu United Press CHICAGO STATEMENT Clearings S7 n’7nn'r!on'oQ Balances . . • • <00.000.00

Investment Trust Shares

(By Gibson Ac Bernard) —Mav 14--PRICES ARE TO 12 NOON C. S. T. Bid. Ask. Amer. Founder's Corn Com. ... 34 S 3 -* Am & Gen. Sec. “A” 14 .... Am. Inv, Trust Shares 5 54 Basic Industry Shares 5 3 *> Corporate Trust Shares 54 s‘a Cumulative Tr. Sh 64 < Diversified Tr. Shares “A”.... 15 4 'a First American Corp 74 8 Fixed Trust Oil Shares 44 4-s Fixed Trust Shares "A” 13-b .... Inv. Trust N Y 64 74 Leaders of Industry. Series ::A’ i 1 * .... Nation Wide Securities 6'a 64 National Industry Shares 54 6^ N. Am. Trust Shares 54 54 Sel. Am. Shares ... 44 5 Shawmut Bank Inv. Trust .... 5 10 Universal Trust Shares 54 54 S. W. Strauss Inv. Units 32 Super Corp. fAm Tr. Sh "A” 64 64 Fundamental Tr. Sh. "A” 64 7 Fundamental Tr. Sh. “B" 7 74 U. S Elec. Light & Pwr. “A".. 294 314

New York Bank Stocks

(Bv Thomson Ac McKinnon) . -Ma.v 13Bid. Ask. America 444 474 Bankers 100 4 103 4 Brooklyn Trust 425 Central Hanover 228 233 Chase National 79-4 824 Chatham Phoenix Natl... 61 64 Chemical 414 43 4 Cltv National 81 84 Corn Exchange 107 Commercial 265 27a Continental 174 20 * Empire 52 55 First National 3.400 3.600 Guaranty 448 453 Irvine 31 4 33 4 Manhattan A: Cos 80 83 Manufacturers 42 4 44 4 New York Trust 144 HO Public 474 504 Chicago Stocks Opening ißv James T. Hamill & Cos.) —Mav 14— Bendix Avia... 19 tnsul cm 33 Borg Warner... 21 Ins 6s '4O 8.4 ISord Corpn... 114 Midi tin com... 19 lon Ch Cp com 54 Midi Un pfd... ito4 Commonw Ed. .2314 Middlew com. .. . 194 Jhgo Sec 17 U S Ra & Tel. 194 Trigsbv Grunow 34i

New York Curb Market

(Bv Thomson & McKinnon) - Slav H—--11:30 11:30 \m Com Pur.. 13 s s Vntior.al Inv .. 4 i \rk Gas 4 5 s Via Hud Pur.. 10 7 n Brazil Put & Lt 15* 3 3 enroad 5 5 b titles Serv .... 14 1 i sel Indus 3 3 4 "lord 12 Shenandoah ... 5•, 'rocker & Wh.. 10'i std of Ind 26’j Slec Bond Sh.. 43 stutz 24 ?ord of Fr "VJn Gas inewt.. 7 :nt Pete 12 in Ll & Put . 21' viidwest 11 181s it Power 7’a Building Permits 1. O. O. F. building. repair elevator. 7 North Pennsylvania, S3OO. Meridian Garage, sign. 216 North Meridian. S3OO. Hoosier Petroleum Corporation, filling station. 2037 East Washington. $1,200. ESTATE TO MRS. COLE Acquitted on Murder Charge, Widow is Named by Court. ¶ Administration of the estate of her husband, in connection with whose murder she was acquitted in the Rush county circuit court, was assumed today by Mrs. Marie Cole. Indianapolis, by appointment from probate court. ¶ Cole left personal property valued at $100. He was shot on a lonely road near Greenfield Oct. 31, 1930. ¶ Frank Jordan, with whom Mrs. Cole was charged with plotting the death, is serving a life prison sentence for the murder. MRS. KIEFER IS CHOSEN Named Queen's Attendant for Meeting of Order at Toronto. Mrs. Harriet F. Kiefer, worthy high priestess of the Indianapolis White Shrine, was chosen queen’s attendant at the meeting of the supreme council of the order in Toronto. Ontario. . Mrs. Tessle O. Kirk, past worthy high priestess, was chosen second handmaid, and W. H. Faust, watchman of the shepherds, was appointed to the supreme king’s guard

New York Stocks B Thomson St McKinnon * ————

- May 14— Railroads— Prev. High. Low. 11.30. closev Atchison ...... 166 165 166 167 ! Ati Coast Line 90 1 Bail Sc Ohio 62>.fe | Chesa A Ohio.. 38% 38 1 a 38% 33 ChfSa Corp ... 41 40% 40 s * 40% I Chi Grt West 5% | Chi N West 33 V* CRIAP 43' i 44 Del L & 8 W.. .. 57 58 i Del Sc Hudson. 130'* 130% 130 Va 130*2 Erie 19 Erie Ist pfd 31 Great Northern 54% Illinois Central . ... ... 57 Kan City So ... 30 Lou Nash 77 M K & 1 15 Mo Pacific 19*4 19*2 Mo Pac.f.c pld. ... 59*2 59*2 N Y Central ... 92% 91% 92% 92% : Nickel Plate .. "... . 40% NY NH & H . 75 Nor Pacific 4040% O A W 7% Pensvivania .. . 50% 50 £0 50% Seaboard Air L l /t So Pacific 83*2 Southern Rv.... 35% 35 35 36 St Paul 4% 4% 4% 4% St L A 8 P 17% 16% 17% 17 Union Pacific. . .. ■■ 164 ... Wabash . ... 11% | W Marvland "... 11 11% Fauinments — ! Am Car A Fdy 21 21 Am Locomotive. i9 13% 19 20 iAm Steel Td. . . . 16*2 17 Am Air Brake S .. 29 29*2 Gen Am Tank .. 59% 60% General Elcc... 43 % Press Stl Car .. .. 3% Pullman ... . . 37 37 Westingh Ar B. . . 28 28 j West inch Elec... 64 62 63-2 62% | Rubbers— Firestone . ■ • ■ • • 16 i Pisk % ... Goodrich .... ..... 11% Goodvear 39% 35 39*2 40 U S Rubber 15% 15 Motors — Auburn 217 212 215 213 Chrysler . . 20% 23% 20% 20% I Gardner % % ! General Motors. 43% 43■ 43% 43 Hudson . . • ... 17% Hupp ... B*4 i Mack ... 32 : Marmon 5% 5*2 5% 6 I Packard .. . 7% 7% Reo o*2 6% 6% 6% ! Studebaker ... . 20% | Yellow Truck... . . 9% 9% l Motor Access— I Bendix Av.rtion .. 18% 19 i Borg Warner .. 20% 21 ! Briggs 13% 13% 13% 13% Budd Wheel- ; ... 9% I Eaton . ... ... 13Vs , FI Storage B 57% Houcia ... ... 6% ; Motor Wheel ... ... 12% Sparks W . ■ ... 8 Stewart Warner .. ... 12% Timkln Roll . . 44% 44% 44',i 45% Mining— Am Metals ... ... 13% Am Smelt . ... .. 34% Anaconda Cop. 26% 26% 26% 27 Cal A Hecla 7 Cal A A rig 30% 30% Dome Mines 11% 11% j Freeport. Texas.. 28% 28% 28% 23 Great Nor Ore. ... ... 21 Howe Sound. . . 13 i Int Nickel . . 14 13% 13% 14% i Konnecott Con,. 20% 20% 20% 21% Magma Cod . . ... 17% Miami Copper. . . ... 6% Ncv Cons ... 9 8% Texas Gul Sul. 42 41% 42 42 U S Smelt 17% 17% Oils— Amerada 17% Atl Refining ... .. 15% Barn.sdall ... 7% 8 Houston ... ... 9 Indian Refining . 2*2 2% ; Ohio Oil 8% i Mrx Seaboard.. 15% 15% 15% 15% ; Mid Conti 8% Pnn-Amer (8i... . 30 . Phillips 7% 7% ! Pr Oil & Gas 10% i Pure Oil 6% Richfield 1% 1% I Royal Dutch... . 28*2 23’, 23% 28% Shell Un 5 5% Sinclair 8% 8% Standard of Cai 37% 37% 37% 36% ! Standard of N J 36% 36% 36-% 36% Standard of N Y 13% !3% 13% 18% I Texas Cos ... . 19*2 19U 19% 19% | Union Oil 17 ! Steels— Am Roll Mills. 25 21% 21% 25 Bethlehem ... . 44* a 43*4 43% 41 Byers AM ... 34% i Crue Steel 46% 46 I Ludium ... 11 11% j Midland ... ... 19% 1 Repub lAS ... 13% 13% 13% 13% jU S Steel .. . 110*2 109 109 1011% j Vanadium <2 I Youngst SAW 10% ... Tobaccos—- : Ana Tob Anew . . ... ... 120% j Am Tob B new.l24 123% 123% 121% ! L:g & Myers B 80% 80% 80% 80% Loriliard 19 13% 19 13% i Phil Morris ... ... ion, Reynolds Tob. . 50% 50% 50% 50*2 I TOJ Pr A 12% 12 ‘2 - United Cig .... . ... 6% 6% Utilities—- ; Abitibi 5% Adams Exp .... 13% 14% 14% 15% lAm For Pwr ... 33% 33 33*4 33 !Am Pwr &Li 43*i 44*ii I A T & T 181 180% 181 181 i Col Gas & El .29% 29% 29% 30% ! Com & Sou ... 8% 8% 8% 8% IFI Pwr & Li... 44% 44 44 44% . Ge t Grs A 5% 5% i Inti TAT.. 23*4 27% 27% 27% . Natl Pv t A Li. 27*2 29*., 29*, 29% . No Amer Cos 71 70% 71 71 Pac Gas A El. ... 47*2 47% Pub Ser N J . .. . . ct 83% ,So Cel Edison.. 44% 44% 44% 45* • Std GA El ... 71%, 70* -i 70% 71*4 United Corp ... 23*2 23 23 23% Ut. Pwr A L A.23% 23% 23% 23% West Union . 109 ill's Shipping— Am Inti Corp . 15 14% 15 15% Atl Gulf A W 1 .. 18*2 ... United Fruit 58 59 Foods— Am Sug 53% ... 53% 52% Armour A . . 2% 2 Cal Pkg 25 25% Can D>;- 41*2 40% 41% 41% j Clr'.ds Cos 21 20% I Coca Co’a ... ... 152 : Cont Baking A . . . ... ... 12% Corn Prod .. .. 68% 67% 67% 68% Crm Wheat ... ... 235, Cudahy Pkg .... 41% 1 Cuban Am Sug.. .. 3% , Gen Ponds ... 52 51% 52 '.52 ; Grand Union 17% 17% i Hershey 58% ’.Croge- 34*b 33% 33% 34*, • Nr* Biscuit .. 74* . 74 7"'. 74% i Pi’.lrburv 32**8 31% 32% 31 'Purity Bat: .... 32% 31% 32 ! - 33% 1 Safeway St . . ' 571., ! Std B ands ... 13% 18% iP% 19 I Ward Bkg 4% 4% i n-u-s—- ---| Coty Inc 8% Lambert Cos 733, 771, Lehn A- Pink 28 Industrials— Am Radiator ... 14 13% 14 13% Certaintoed 4 4 Gen Asnhnlt ... 22% 22% 22% e-:. Lehigh Port 12 ous eicv ;;; 39% I Indus Chems—.Allied Chem ...122% 120*3 120% 120 i Com Solv 13% 13 % 13% 13% * Union Carb 49% 49 49 49 U _ s , l u d^ lCo 31 % 31% Rotnl Stores—- ' Krestre S S. 27 s , 25% 26% 27%

Produce Markets

Eggs (country rum—Loss off delivered in Inoianapolis, 12c: henery auaiity No 1 13c: No. 2. 12c. Poultry ( buying prices)—Hens welshing 5 los or over. 15c: under 5 lbs.. 14c; Leghorn hens. l3o: 1930 broilers, full feathered 14 .bs. and up. 27c; under 14 lbs.. 25c; bareback. 16c; Leghorn broilers. R3c; ducks fc; old corks. 8-; 9c:: ducks, full leathered, fat whites. 9c: geese. 6c. These prices are for No 1 top quality Quoted bv Kir.gan 1 & Cos Butter (wholesale) —No. 1. 26#27c: No. !2. 24 '•! 25c. B.itterfat—2lc. Cheese (wholesale e ling price per • uound i—American loaf 22c: pimento loaf. 23c: Wisconsin firsts. 19c: Longhorns. 16c New Ycrk Umberger. 30c. ! By United I'ress NEW YORK. May 14--Potatoes—Ma-ket steady to fi-m Long Island. $2 @2.50: southern, i: 50 ,;; Maine. $2.754.3.40Idaho. 40c'($2 60 R-rmuda. $56/ 7; Canada, f! G5-< 3.2.3 Sweet potatoes Market! steady. Jersey baskets. $1>2.85. Flour— Market, moderately rct*ve and firmer patent*. $4 70s.' 4 90. Pork—Market’ 'trady: mess. $23 50. Lard—Market! cat ier middlewest spot, $8,056/ 8.40. Tali Market, firm: special to extra. 34<S 3 7 0C Dre. e:i poultry Market, steady t trkevs 264.44 c; chickens/ 28'..38c; broiler- 30'./ 41c: fowls. 174.23 c: Long Island j ducks. 1; v. 19c. Live poultry—Market. 1 teadv to fi-m- geese. U)r., 12c: ducks. 13@ ! 24c; fowls. 17:.23r : turkevs. 15<30c; roosti e-s 12t.14c: chickens, stags. 15c: capons. 170 45*: broilers. 210 41c. Cheese—Market, dull and easy: state whole milk, fanev to special, 12;(22 4c; Young Americas, 13'4'it 19 I jC. By United Press CHICAGO. Mav 14.—Eggs—Market firm: receipts 21.990 cases; extra firsts. 184 c; j firsts. 174 c: current receipts. 15447164 c: i seconds. 14 4c. Butter—Market, firm; re- , celptrS 7.656 tubs: extras 234 c: extra | frstsF 22'.. 224 c; firsts. 21@214c; seconds. 19@20c: standards. 23 4c. Poultry—Markcl- steady: receipts. 4 cars: fowls. 18'<i 20g; springers. 26c: Leghorns. 15c; ducks. f; eese - turkevs, 224223 c; roosters. ! 13c j broilers, two pounds. 34c; broilers. under two lbs., 30c; Leghorn broilers. 14 | lbs.. 25c. Cheese—Twins. 114tn4c; 1 i?i lnß Americas. 13c. Potatoes—On track. ?■**’ 104: shipments, I 083; market. dull and weak: Wisconsin sacked 1 .’fs u * s - [email protected]: Idaho russets, i *; 50c<il„5; Alaoama. Louisiana and Texas \ bliss triumphs, $1.6091.85. ! By United Press CINCINNATI Mav H—Butter—Steady; - r S2 merv ln ,u k ' ots according to score. 20 :22c: common score discounted. 2@3c: packing stock. No. 1. I8c; No. 2. 14c: No. 3. 8c: butterfat. lTfllSc. Eggs—Steady; cases included: Extra firsts. 164 c; firsts. 144 c: seconds. 134 c; nearby ungraded. 16c. Live poultry—Thin and rearse stock seli only ?!5 heavy discount: fowls. 5 lbs and over. 19c: 4 lbs. and over. 21c; 3 tbs. and over. 21c: Leghorn'. 3 lbs. and over. 15c; j roosters 104 c: broilers colored, full , feathered. 14 Its. and over. 25*: over 14 , lbs.. 30c; colored over 2 lbs.. 34e: partly ! feotherei’.. ISfltJO-: Leghorn end Orpington broilers, full Heather. 14 lbs. and over.

May D Store... 34 34% Mont Ward 21 20*4 20*4 20% Per.nv J C 36 36 Schulte Ret St 8 Woolworth .... 71% 69% 70 7144 Amusement)— Col Graph 8% 8% 8% 8% Eastman Kod .. .155% 154 154 155% Fox Film A 16% 15% 16% 16 Grigsby Gru , 3% Loews Inc ... 43 % 43*. 43% 43 Vi Parana Tam... 29% 28% 28% 29% Radio Corp 19% 19% 19% 19% R-K-O 17% 17 * * 17% 17% Warner Bros . . . 7 s * 8 Miscellaneous— City Ice & Fu , ... 32 32 Congoleum ... 9% Am Can ..../. .106% 105% 105% 105% Cont Can 53 52% 53 53V* Curtiss Wr 3% 3 ‘.2 Gillette S R.... 36% 35% 35% 36% Real Silk 15% ... Un A rest 30% 23 s * 29% 30*4 Int Harv ... 47% 47%

The City in Brief

FRIDAY EVENTS Exchange f irb, luncheon, Lincoln. Optimist Club, luncheon, Claypool. ARrusa Club, luncheon, Columbia Club. Phi Delta Theta, luncheon. Chamber of Commerce. First Ward Republican Club, 8 p. m., Clark’sj hall. Master Painters’ Association, luncheon. Antlers. Indianapolis Round Table, lunchron, Lincoln. Delta Tau Telia, luncheon, Board of Trade. Reserve Officers’ Association, luncheon, Board of Trade. Delta Chi, luncheon. Spink-Arms. Paul O'Brien, 38, of Cincinnati, attempted suicide this morning by drinking poison at Capitol" avenue and Washington streets. He was sent to the city hospital by R. W. Losh, traffic officer. Hospital employes report that his condition is fair. School children are invited by the children’s department of the public library to hear talks on Yucatan by Mrs. Glen Diddle and Mrs. Howard Mettel in Cropsey auditorium at the public library, Friday afternoon at 1:30. The Heyl Study Club wil meet in Rauh Memorial Library, Tuesday, May 19, at 2 p. m. Don Hoover, assistant city editor of the Indianapolis News, will speak on “The Power of the American Press.” Mrs. C. Raymond Miller will review “A Lantern in Her Hand.” Deputy sheriffs today held two men, charged with petit larceny, who are alleged to have destroyed property on the Eagle Bend farm, south of Sunshine Gardens. The men are Elmer Haymaker and John Milner, R. R. 4, Box 446-B and were arrested after complaint by Brandt C. Downey, receiver of the Washington Bank and Trust Company, owner of the property. H. F. Asler, acting superintendent cf Indianapolis school buildings and grounds, will attend the midwest bituminous coal conference at Urbana, 111., May 21 and 22. Social meeting for members of the United Ancient Order of Druids will be held in Druids hall, 29 South Delaware street, Sunday afternoon, under the auspices of the Grand Grove, U. A. O. D. of Indiana. Arthur J. Jones. Indianapolis attorney, will be the principal speaker. First annual travel exhibit is being held this week at the Broad Ripple library, 910 East Sixty-third street, with posters from several European countries being displayed, Indianapolis letter carriers named to represent Iloosier City Branch 39 at the convention of the National Association of Letter Carriers, in Oakland. Cal., in September, are: John Stettler, Thomas M. Greenwood, John T. Larner, Orrin A. Collins, Claude Franklin and Charies Michael. First annual sale of the KellySpringfield tire department of L. S. Ayres & Cos. will be held today, Friday and Saturday. Organization of the auxiliary to Garfield Post 88 of the American Legion will be carried out Thursday night at 8 at a meeting in the Fountain Square theater building. Attending the meeting will be Mrs. William F. Boyle, Seventh district committee head of the Legion auxiliary, and Mrs. Richard Thomas, Seventh district membership chairman. * When a steam bciler that was being transported on a trailer fell to the road Wednesday afternoon, F. S. Grady of Muncie and S. A. Rannel of Darlington escaped injury. The accident occurred on Road 31, north of Broad Ripple. At an organization meeting of the new Wayne pest of the American Legion in Wayne township school No. 14, at 4200 West Washington street, Wednesday night, the following temporary officers were chosen: Loren E. Daniel, commander; George E. Mercer, vicecommander; Earl A. Hackelman, adjutant, and Carroll E. Small, finance officer. Lieutenant Stanton F. Smith will speak on “Combat Aviation” Friday at the- Exchange Club meeting at the Lincoln. Nominating committee to name the regular ticket for the annual election of the Board of Trade consists of A. M. Glossbrenner, chairman; Otto P. Deluse, George H. Evans, J. Martin Antrim. Edward B. Raub, Brodehurst Elsey and Edward D. Evans. Appointment of Harry H. Bingham as special agent of the Northwestern Mutual Life Insurance Company, was announced today. _____ * The Macedonian Political Organization will present a five-act play, “The Macedonian Bloody Wedding/’ Sunday night in the Slovenian hall, 904 North Holmes avenue. The Rev. J. C. Bauer and the Rev. K. Kummick of Valparaiso university will speak at the Valparaiso district convention at 6:30 Friday night at St. Paul’s parish hall, Weghorst and Wright streets. Safety board, conferring with Mayor Reginald H. Sullivan and city council finance committee today deferred action on the contract for towing-in of autos from citv streets, as provided in the traffic ordinance. The matter will be brought up again Friday morning, when the contract probably will be let. There are seven bidders. Milo H. Stuart, assistant superintendent of Indianapolis public schools, will speak at the opening session of the annual spring conference of the elementary teacher division of the Butler university college of education, at Twenty-third and Alabama streets tonight. The conference continues until Friday night, JT W 9

THE INDIANAPOLIS TIMES

SWINE PRICES UNCHANGED TO 10 CENTS OFF Cattle Hold Steady With Week’s Decline; Sheep Trade Even. HOGS May Bulk Early Tod Receipts 7. $7.00® 7 40 $7.40 6.000 8 6.90*® 7.30 7.30 5.500 9. 7.00(7* 7.40 7.40 1.500 11 7.00@ 7.40 7.40 5.000 12. 6.95® 7.30 7.30 8.000 13. 6.90® 7.20 7.20 6.500 14. 6.90® 7.15 7.15 5.500 Steady decline of the past week held in hogs at the city yards this morning, prices ranging steady to 10 cents lower. The bulk, 160 to 300 pounds, sold for $6.90 to $7.15; early top quoted at $7.15. Receipts were estimated at 5,500; holdovers were 564. Cattle were steady at recent lower figures. Receipts were 800. Vealers held unchanged, selling at $8 down. Calf receipts were 700. No changes were made in the sheep market, receipts numbering 400. Chicago hog receipts were 21.000. including 6,000 direct. Holdovers 7,000. Opening slow and steady to 10 cents lower than Wednesday's average with best demand on light weights. Few sales and most bids on good to choice hogs weighing around 140 to 210 pounds at $7 to $7.15. Early top held at $7.15. Few heavy weights from 230 to 260 pounds sold at $6.80 to $7. Cdttle receipts were 6,000. Calves 3,000, and steady. Sheep receipts were 10,000, and strong. noG? Recoip.s, 5,500; market, lower. —Light Light—-(l4o-160) Good and choice...s 7.00@ 7.15 —Light Weights—-(l6o-1801 Good and choice... 7.10® 7.20 (180-200) Good and choice .... 7.10® 7.20 —Medium Weights—-(2oo-220) Good and choice 7.05® 7.10 (220-250) Medium and good .. 7.00® 7.05 —Heavy Weights—-(22o-250) Medium and good .. 6.85(fJ) 7.00 (250-290) Medium and g00d... 6.60® 6.85 —Packing Sows—-(27s-500) Medium and g00d.... 5.25® 6.00 (110-120) Slaughter pigs ...... 7.00® 7.10 CATTLE (Slaughter Class) Receipts, 800; market, steady. —Steers— Good and choice $ 7.00® 0.00 Common and medium 5.25® 7.00 il.loo-1.500) Good and choice 7.00® 9.00 Medium 6.00® 7.00 —Heifers—-(soo-850) Good and choice 6.75® 8.75 Common and medium 5.25@ 6.75 —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 -i.oo@ 5.00 Cutter, common and medium.. 2.75® 4.00 CALVES AND VEALERS Receipts, 700; market, steady. Good and choice $ 7.50® 8.00 Medium 5.50® 7.50 Cull and medium 3.00® 5.50 —Calves— m (250-300) 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, 400; market, steady. (Shorn basis, except spring lames) Good and choice 3 b.oo© 9.00 common and medium 6.00® 8.00 Spring .lambs 10.00011.50 Ewes, medium and choice 2.50® 3.25 Cull and common 1.50® 2.75 Other Livestock By United Press CHICAGO, May 14.—Hogs—Receipts, 22.0jj, including 6,000 direct; opened siow, iater trading fairly active; in-between we.ghta s®ioc lower; others around steady; top, §7.2 j pa.d tor 130-153-lb.; bulk, 150-220-lb.. $7®7.15; heavies scarce, lew 270-325 lbs., s6.b()®6.!>o; most packing sows, $5.65(®6; pigs, scarce; strong weights 36.75®7.25; ligh. lights, 140-160 ios., good I and choice. $7.10®7.25; light weight. 160230 lbs., good and choice, s7® 7.25; medium weights, 200-250 lbs., good and choice, $6.90® 7.20; heavy weights. 250-350 lbs., good and choice. [email protected]; packing sows, 275-500 lbs., medium and good, $5.60(5.6.10; slaughter pigs, 100-130 lbs., good and choice, 56.65®7.25. Cattle-—Receipts, 6,000. Calves—Receipts, 3,000; fed steers and yearlings steady to strong; instances, 10®) isc higher on yearlings; better action on low priced heavies; she stock unchanged; bulls barely steady; most fed steers. s7®B; prospective top on weighty bullocks. $8.85; sizable supply light yearling heifers selling rather actively at $7.50®8; best early, $3.25; slaughter cattle and vealers: steers. 600-900 lbs., good and choice, 57.50®9.50; 900-1.100 lbs., good and choice, [email protected]: 1,109-1,300 lbs., good and choce, 57.50®9: 1.300-1 500 lbs., good and choice. $7.25®J); 600-1.303 lbs., common and medium. $5.75®:8: heifers, 550850 lbs., good and choice. 87iff8.50; common and medium, 55.25®7: cows, good and choice. Ss®6: common and medium. $4.35 ®5; low cutter and cuttc-r. $3.25® 4.35: bulls (yearlings excluded), good and choice (beef), Srv's.2s: cutter to medium, 53.35 ®4.40: veaiers (milk fed), goo# and choice, 58®9.50: medium. $7(53: cull and common. ss® 7; stocker and feeder cattle: steers. 500-1.050 lbs., good and choice. $7 (”.8.25; common and medium. $5.25@7. Sheep—Receipts. 10.000: few early sales weak with lower tendency; clipped lambs. $8®8.50. pne load 875 to citv butchers; choice woolskins held around $9.75; desirable native springers. 311 m 12; California bid. $10.50: slaughter sheep and lambs, lambs 90 lbs. and ' o,' good and choice. $9 ®9.85; medium. '79; 91-100--lbs., medium to choice, $7.75® 9.75: all weights common 56.75®8: ewes £O-1 ”0 lbs., medium to choice. $2 75®% all weights, cull and common. $1.50(52.75. By United Press FT. WAYNE. lud.. Mav 14.—Hogs—Market, 10c lower: 100-140 lbs.. 55.55: 140-160 lbs.. $0.80; 160-180 lb.-... 36.75; 180-209 lbs., $7.05: 209-220 lb?.. $6.33; 920-240 lbs.. $6.85: r l O-260 lbs.. 83.75• 2*o-280 lbs.. 33.55: 280390 lbs . $6.45; 309-350 lbs.. $6 35; roughs. $5.25; stags. $3.50: calves, S8: wooled lambs. S3: clipped lambs. $9: spring lambs. By Times Special LOUISVILLE. Ky„ Mav 14.—Hogs Receipts. 500: market. 10® 15c lower; 225 lbs. up, $6 35: 165-225 lbs.. $6.90: 130-165 lbs. $6.25; 130 lbs. down. $5.60; roughs. 53.85® 4.85: stags. $3.10. Cattle—Receipts. 100; marxet slow-; unevenly lower prime heavy steers. S7@B: heavy shipping steers. s6® 1; medium and plain steers.' 55.50®6: fat heifers. 56.50®8: common to medium heifers. 55®6.50; good to choice cows. $4.25 ®5.2a; medium to good cows. $3.25®4.25: cutters. $3®3.25; cr.nners. $2®2.75; bulls, 53'0'4.50: feeders, $6.50®7.50: medium to god, feeders. $5®6.50; Stockers. $5.50®7.50; medium to good feeders. $5®6.50; stockers. Sa.so® 7.25. Calves—Re-eipts. 3CO: market steady; good to choice, $6®6.50: fanev Sc outs. $5 down. ®heep— Receipts, 1.200: marketnot established, prospects steadv to weak. Wednesday shipments: Cattle, none: calves. 241; hogs, none; sheep. 1.885. By United Press EAST ST. LOUIS. 111.. Mav 14,-Hoes Receipts. 12,500: market, opening slow; & te J tr 2 de fullv active, s®loc lower than Wednesday's average and steadv with the close: few small lots light hogs. $7.05; most 230 lbs.. $6.90® 7; 240-270 lbs.. 56.75® 6.85: sows, $5.50®5.65. Cattle—Receipts 2 000calves, receipts 1.000: market, steers slow, cows steady to 25c lower: other classes unchanged: top heifers. S8 !5 on weights 600 lbs.: most cows, $4.5005.25; low cutters. $3 3-50; top medium bulls. 54.50; vealers. $8.25. Sheep—Receipts. 2.500; market, undeveloped: butchers taking a few spring lambs; steady, with packers bidding unevenly lower on all lambs: one lot 70-!b. springers. $10.25: no sates to packers: run largely Texas clipped lambi: spring lambs, good and choice. S10®11; medium $8.25® 10: common. $6.25®3.25; iambs 90 lbs down, good and choice. 87.50®3.50: medium. $7®7.50: 91-100 lbs., medium to 23,38 weights, common, 54.i5®6.25: ewes. 90-150 lbs., medium to choice. $2®>3.25 all weights, cull and common. $1®2.25. By United Press LAFAYETTE. Ind.. May 14.—Hogs—Market steady to 10c lower: 160-180 lbs 87-180-200 lbs.. $6.90 : 200-210 lbs.. $6.85:'210220 Jbs.. $6.80: 220-240 lbs.. $6.25; 240-260 lbs.. $6.70; 260-280 lbs . $6.65: 280-300 lbs $6.55; 300-325 lbs.. 86.45: 140-160 lbs $6 75; 120-140 lbs.. $6.60: 190-120 lbs. 6 50 ; roughs, 85.25 down; top calves. $7- ton lambs, $9; spring lambs. $8 010. By United Press EAST BUFFALO. N. Y.. Mav 14.—Hogs— On sale. 1.200: market at standstill- few bios around 25c lower; 275-lb. butchers sold $7: bidding 57.50 on d'-sirab!" 160-200-lb. weights. Cattle—Receipts. 75: ccws barely steadv: cutter grades s2 50 ®4 Calves—Receipts. 200: vealers unchangedgood to choice. $8.50 to mostly SS; common and medium. ss® 7.50 Sheep Receipts. ICO: lambs steady; ouelitv anti sorts considered: good clippers. $9.35; few $9.50; medium to good springers. <l2; shorn ewes, *363,50.

BELIEVE IT or NOT

The Sacred CiT/of the Mohammedans IUB --WHERE NO UNBELIEVER, IS ALLOWED JflpL w IV‘l dzC - RUSHING BUSINESS - 6lAm Sll>f BAkAKHh J, * ** (tmiAn, Futures Sya—JiT. bo Bmalu nchruwtr^.

Bright Spots of Business

Weekly steel reviews note halt in downward production curve that started last week of March. First quarter sales American military and commercial aircraft $9,013,914 versus $8,978,942 in like 1930 period. Seasonal demands for farm workers relieve un. ii loyment in parts of south. Michigan auto .factories report substantial gaini in employment during- April. April new car sales estimated 250,000 units versus 200,000 units in March. Consumption of electricity in United States four months to April 30 was B’i per cent over corresponding 1930 period. American Public Service Corporation year ended March 31 net $2,225,101 versus $1,137,858 preceding fiscal year. Great Western Power Company of California 1930 net $3,400,391, versus $2,904,103 in 1930. Union Electric Light and Power Company of Illinois year ended March 31, net $1,730,965 versus $1,656,347 preceding fiscal year. Northwest Utilities Company year ended March 31 net $2,649,174, versus $2,463,391 preceding year.

Net Changes

By United Press NEW YORK, May 13.—Closing prices and net changes on leading stocks traded on the New York Stock Exchange today: . • _ Up. os. Alaska Juneau 154 2% American Can 1054 . 4 Amer & For Pwr 33 Vi Amer Tel & Tel 181 "V. IV* Auourn Auto ( 243 Bethlehem Steel 44 ... 14 Case J I 12% 3 s Chrysler 20 4 % Consolidated Gas 95 4 Fox Film A 16 4 . General Elec 434 ... Va General Motors 434 .. 4 Gillette 364 . 4 Inter Tel Tel 274 ... Va Loew’s Inc 434 4 ... McKeeports Tin Plate 824 ... 14 Montgomery Ward 20 4 Va ... New York Central 924 ... 4 Radio 19% ... Vi Radio-Keith 17 Va ... Va Stan Oil New Jersey 364 ... % Transamerica 8 ... % United Corporation 234 ... Va United States Steel 1094 ... lVa Vanadium 42 4 ... Westinghouse Elec 624 Va ... Worthington Pump .... J 584 ... 4 Other Livestock By United Press CINCINNATI. 0.. May 14.—Hogs—Receipts. 2,800; heldover 370 active; mostly 15 cents lower: better grade. 160-220 lbs., largely $7.25: 225-240 lbs.. $747.15: 250 to around 265 lbs., $6.75 @6.85; 285-320 lbs.. $6.25dT6.50: 120-150 lbs.. $6.75®6.85; sows, steady to weak at [email protected]: a few choice light weights. $5.75. Cattle — Receipts. 350; calves, 400: slow, about steady; supply very light: odd lots common and medium steers and heifers. $5.50 @7: practically nothing of value to sell above: beef cows. $4,[email protected]; low cutters and cutters. [email protected]: bulls, draggy at $4.75 down: vealers. opened and closed steady with a few mid session sales. 50c higher: good and choice, generally s7®B: several choice lots, $8.50; lower grades mostly $6.50 down. Sheep—Receipts, 1.100; generally steady: good and choice spring•ers. [email protected]; some $12.75 to shippers; common and medium. [email protected]; fat ewes. S3 and below. By United Press PITTSBURGH. May 14.—Hogs—Receipts, 1.500: market opening slow; 160-210 lbs.. [email protected]: packing sows. 5>[email protected]. Cattle—Receipts. 25; market, nominal. Calves —Receipts. 125; market, very slow, undertone weak. Sheep—Receipts. 500; no early sales: indications steady. By United Press CLEVELAND. May 14.—Hogs—Receipts, 1.100: holdover none; very slow; 10tS25c or more lower: top on 160-210 lb. back to low kind at $7.50. bulk. $7.40; 220-250 lbs., $7.25 down; 260-300 lbs., $7. Cattle—Receipts. 100: continuing active and strong to higher; steers strong to 25c or more over Monday and sows and bulls 25c. spots 50c up since week’s opening: scattered common steers. $6.25@7: fat cows. 54.504f5.50 mostly: cutter grades. [email protected]; sausage bulls. $*@5.25. Calves—Receipts. 800; active. fully steady; better grades. s£@9.so and above; demand centering on medium flesh light offerings of around $8.50 or more value: little under $7. Sheep—Receipts. 500: steady: nualitv considered: clipped lambs at $8.50 downward; grade only medium: most clipped ewes, $35*3.50, choice higher. By United Press TOLEDO. May 14.—Hogs—Receipts. 350: market 10@15c lower; heavies. [email protected]: mediums. $6.35'd7: Yorkers. [email protected]: pigs. [email protected]. Cattle—Receipts.: 40: market slow. Calves—Receipts. light: market strong. Sheep—Receipts, light: market higher: top $3. New York Liberty Bonds —May 13— 34s .. 102.16 Ist 44 s 103.10 4th 44s 104.22 Treasury 44s ~ 113.10 Treasury 4s 103 29 Treasury 34s 106.29 Trersurv 34s of ‘47 103.C0 Treasury 3%s of '43 'March* 102.29 RAW SUGAR PRICES —May 13— Hiah. Low. Close. January 1.41 1.33 1.40 March 1.47 1.44 1.46 May 1.22 1.22 July 1 1.23 1.21 122 September ........... 1.32 1.30 1.31 Decamber L3B L. 22 I.ZS

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 Wednesday’s Times: The Koutoubia—Fragrant tower of Marrakeech—The Koutoubia is the most famous minaret (tower) in Morocco. It was erected at a cost of many millions by the great Moorish conqueror, Yakoub the Victorious (el Mansour), from the spoils of his victory over the Christian armies at Alarcos (Spain). As it rears its blue head to a height of 240 feet, towering over the low roofs of this most oriental Moroccan city, it bears testimony to the golden age of the Moorish kingdom. It has inspired quaint legends, to the charm of which even your cartoonist was succumbing. But there is a strong “odor of sanctity” pervading the mosque, which is quite literal and real. The Call Heard by More People Than Any Call on Earth—As I told in my story of Marrakeech on May 12, the call of the muezzin means: “God is great; there is no God but God, and Mohammed is the prophet of God.” The Mohammedans have no church bells. Their call to prayer is by word of mouth, which, heralded by the towers of their mosques, is heeded by 210 million Moslem believers, falling on their faces in prayer. Friday: The king who was born with a beard.

T. H.. I, & E. TO GO IN AUCTION Receiver's Sale Authorized by Superior Judge. All properties of the T. H. I. & E. traction companies, including iifterurban lines in central Indiana, wall be offered for sale on the auction block at the company’s offices in June by Elmer W. Stout, receiver. . In a prepared decree that is to be signed by Superior Judge Russell Ryan next Wednesday and which was submitted to attorneys for consideration today, details of the sale of the company were set out. There will be no appraisement of the holdings and no right of redemption under the sales contract and bids shall be submitted twentyfour hours in advance. With the Insull utility interests holding a 99 per cent block on the mortgage bonds, it is not expected that any other utility group will enter the field in the auction. Births Girls Charles and Irene Baggs, Coleman hospital. Leon and Rose Beldon. Coleman hospital. Roy and Geneva Terhune. Coleman hospital. Deal and Eugenia Sanders. 852 South Belmont. Ralph and Margaret PettUohn. 702 East Minnesota. Francis and Vivienne Stokes. 918 East Seventeenth. Boys John and Mary McDaniel. Coleman hosoltrl. Audrey and Ann Morris. Coleman hospital. Roscoe and Louise Wooten. Coleman hospital. John and Grace Walker. Methodist hospital. Lloyd and Bertha Beck. Methodist hospital. Thomas and Florence Davis. Methodist hospital. Carl and Leota King. 919 North La Salle. Deaths George G. Bewley. 36, city hospital, chronic myocarditis. Hezekiah McCormick. 81. 12351 Standard broncho pneumonia. Margaret Rcse Scaags. 7 mo.. Riley hospital. measles. John S. Wilev. 73. St. Vincent's hespi*al. broncho pneumonia. John E. Totten. 35. Christian hospital, acute cardiac dilatation. Richard Garvey. 2 mo.. Riley hospital, malnutrition. A _ Henrv Dougherty. 59. 2705 East Washing'-'-'. myocarditis. Willi-m Irwin. 78. 5116 Carvel, arteriosclerosis. Mina K. Van Auken. 78. 1471 North New Jersey, chronic myocarditis. Ethel EUrke, 43. 1435 English, carcinoma. _ . . ... Geo r ee Lucas. 4*. Parkview hotel, acute dF-ration of heart. Margaret Thompson 84. 552 4East Mlchi-ce-i. acute myocarditis. RUla Coapstick. 58. Methodist hospital. Osterhege, 61. city hospital, epitheho—a of scalp. NEW YORK COFFEE RANGE —May 13— High. Low. Close. March 5.89 5.84 5.84 Mav 6.M 5.35 5.35 July 5.A 5.55 5.55 September ............ 6.7* 5.70 6.70

Rit Registered C. 8. L# \ Latent Offtca RIPLEY

Doyv-J ones Summary

Telautograph Corp. April net profit. $30,768 after taxes and charges, against $29.732 in April 1930. Four months, $122,681, against $113,975. Bank of England statement as of May 14, shows circulation of 353,127,975 pounds, against 356,217,000 pounds as of May 7. Ratio 53 4-10 per cent, against 52 2-10, and bullion 150,003,000 pounds, against 148,481,000 pounds. New York Cables opened in London at 4.86 9-32, against 4.86 5-16; Paris, checks 124.28; Amsterdam, 12.107; Italy, 92.885; Berlin, 20.15. American Sugar Refining Cos. calls for redemption at 1024 on June 1, $2,500,000, 6 per cent bonds due in 1937. Adolf Gobel Inc. twenty-four weeks ended April 18, net loss $348,751 after charges, taxes and $190,327 inventory depreciation. International Nickel in March quarter earned 8 cents a share on 14,584,025 common shares, against 30 cents a share on 13.758,208 shares in like quarter of 1930. White Rock Mineral Springs Cos. declared regular quarterly dividend of SI on the common stock, payable July 1, of record June 19. Chicago heavy melting steel scrap Is 25 cents a ton lower, ceing quoted at $8.50 to $9 compared with $8.75 to $9.25 previously. Bank of England reduces discount rate to 2V£ from 3 per cent. The per cent rate had been in effect since May 1, 1930, when the discount rate was lowered to that figure from 34 per cent. This is the first time the rate of 214 per cent has been established since 1909. Brooklyn Union Gas Company declared a regular quarterly dividend of $1.25 a share, payable July 1, record June I. American Utilities and General Corporation declared a regular quarterly dividend of 324 cents on Class “A” and 75 cents on $3 cumulative preferred stocks, both payable June 1, record May 18. Claude Neon Electrical Products Corporation quarter ended March 31, net profit after all charges and federal taxes, $200,791, equal after preferred dividends to 72 cents a share, on 269,541 common shares outstanding compared with $163,305, or 60 cents a share on 260,225 common shares in like quarter of 1930. London bar silver 13 2-16d, unchanged; forward 13 4d, unchanged; gold bars 84s ll’/td, up 3 /4d. George A, Fuller Company declared a regular quarterly dividend of $1.50 each on cumulative prior preferred and cumulative second preference shares, both payable July 1, of record June 10. Roxy Theaters Corporation declared a regular dividend of 874 cents on class A stock, payable June 1. of record May 15. General Motors first four months sales to dealers, including foreign sales, 458.799 units, against 519,296 a year ago. Domestic sales 388,626 units against 455,808. Atlas Utilities Corporation declared a regular quarterly dividend of 75 cents on $3 preferred stock series (A), payable June 1. of record May 20. Indian Motorcycle Company quarter ended March 31. net loss 558.630 after depreciatoin and other charges. Canada's exports during last fiscal year $817,033,048. and imports $906,612,681. Exports to United States $363,898 024 and imports $584,429,301. Cocal-Cola International Corporation quarter ended March 31. net income of $851,024 after expenses, against $612,330 in first quarter of 1930. In the Air Weather conditions at 9 a. m.: Northwest wind, 16 miles an hour; temperature, 63; ceiling, unlimited; visibility, 10 miles; barometric pressure, 30.05 at sea level; field good. Club Members to Fly A number cf new flying students' have been enrolled at Hoosier airport as the result of special low rates offered by the airport to members of the Hoosier Flying Club. Latest members of the club to enroll for instruction in flying are Miss Wanda Farr, Norman Wampner and F. C. Oder. The new rates, whereby students receive a ten-hour instruction course for sllO, are to be effective until June 1 and are limited to thirty club members. Buys Light Airplane Anew Curtiss-Wright Junior light plane has been purchased from the Curtiss-Wright Flying Sendee of Indiana by James S. May, Anderson, Ind. May and Earl W. Sweeney, Curtiss-Wright flight instructor, flew the ship here from St. Louis Wednesday. May will be given flying instructions by Sweeney. RAZZ N. Y. ‘CONFETTI’ Mayor Asked to Ban Ticker Tape as Greetings for Heroes. NEW YORK. May 14.—The New York Board of Trade considers emptying a waste basket over a great personage a “poor tribute’’ and has asked the mayor to place a ban on showering returning heroes with ticker tape and torn telephone book* as they ride up Broadway.

MAY 14, 1931

FUTURES SELL - DOWN IN DULL GRAIN SESSION Lack of Moisture in North Adds Bullish Tone to News. BY HAROLD E. RAIWILLE United Pres* Staff Correspondent CHICAGO, May 14.—Increased pressure on wheat after mid-day sent prices tumbling on the Board of Trade today, stop loss orders being picked up and the close was around the bottom at a sharp loss. July led the decline and was down to 62 cents at one time. The undertone was heavy. Weakness a£ Liverpool coupled with the forecast for showers in the northwest and a weak stock market precipitated the decline. Corn and oats weakened early on the favorable crop weather ana were carried further when wheat slumped. The northwest was a heavy seller. Rains Are Needed At. the close wheat was l ! i cents to 1% cents lower, with May ** cent off, corn was % cent to 2% cents lower and oats were down *4 cent to y* cent lower. Provisions were about steady. Liverpool broke toward the last, following the early decline here, and finished % cent to 11$ cents lower. Canada reported brush fires during the morning and a need for rains to control the situation. Rumania reported damage early estimated around 20 per cent. Cash prices were cent to % cent lower. Receipts were 62 cars. * Cash Com Down 'Fine weather over the belt proved distressing to corn early and prices started lower, adding to the decline when wheat eased with only a small rally early. Prices showed La to IV6 cents lower, July meeting pressure while May acted tight. The tone was unsettled with the trade nervous early. Cash prices were 1 to I*i cents lower. Receipts were 73 cars. Oats declined fractionally with the major grains early, but limited the downtown to the minor fractions showing !i to % cent off early. Trade w r as qiuet with the weather the chief infiuene. Cash prices wer eunchanged to cent lower. Receipts were 13 cars. Chicago Grain Table . —May 14WHEAT— Prey. Open. High. Low. Close, close. May fold) .82% .82% .82% .82% .82% (New) .84% .84% .84% 84% .84% July 63* 2 .63% .61% .61% .63% Sept 62% .63% .61% .61% .62% Dec 66% .66'% .65 .65 .66% CORN— May (old) .59% .59% .57% .5734 59% (New) .59% .59% .57% .57% '.CO July 60% .60% .58*2 .58% .60% Sept 58% .58% .57% .57'$ .58% Dec. ...*. .51% .51% .50% .50*2 .51% OATS— May (oW) .28'% .28% .27% .27% .2% . , (New) 27% .28% JuN 28% .28% .27% .28 % .23% SePt 28% .28% 28 .28% .28% De C 30% ,30% .30% .30% .30% RYE— May (old) .38% .38% .37% 37% July 39% .40% .38% .39 .39% Sept 39% .40% .38% .38% .40 Pec 43% .43 ’.4 .42% .42% .4314 LARD— May 8.00 8.02 8.00 8.02 8.00 July.... 8.12 8-12 8.10 8.10 812 Sept 8.25 8.25 8.22 8.22 8.25 Oct 8.20 8.22 820 8.20 8.25 BELLIES—July 900 9.00 By Times Special CHICAGO. May 14.—Carlots: Wheat. 19* corn, 36; oats, 9; rye, 2. and barley, 4 By United Press CHICAGO, May 14—Cash grain close: Wheat—No. 1 hard. 83%c; No. 1 red, 83%c. ? o ° Irn~ 1 rn ~S 0 - n 2 !? lxed - J 9c: No - 9 mixed, ggtac- No. 2 yellow. 59% ® 60c; No. 3 vellow 5909%c; No. 4 veiow, 58c; No. 5 yellow. 57%c; No. 6 yellow, 56c; No. 2 white. 60®) 60' 2 c; sample grade. 46® 56c. Oats—No. 2 white, 30®30'ic. Rye—None. Barley 39 66c Timothy—sß.2s® 8.75. Clover—slo 25 17. <5. By United Press 900 May 14.—Grain on track. 28-zc rate. Wheat—No. 2 red, 77%®>78cNo .. 1 fed. 1 pent premium. Corn—No. 2 ve iow, 58%(®59’.c; No. 3 yellow. 55%®j 57%c. Oats—No. 2 white. 30%®31c; No. 3 white 29%®30%c. Clover—Domestic prime old, $13.75; prime new sl4; prime choie.e new. $14.25; prime choice o'.d 514 October. $14.25; December. $14.50. Alsvke —Cash sl4. Butter—Fancy creamerv. 25® 26c. Eggs—Country run. 14® 15c. Hay - Timothy. 51.25 cwt. ' y

Local Wagon Wheat

Citv grain elevators are paving 69c for No. 1 red wheat and 67c lor No. 1 hard wheat. RAIL VALUATION CUT Other Traction Slashes Are Made by State Tax Commission. Indianapolis & Southeastern Railroad Company valuation was cut from $437,770 to $377,605 by the state tax board Wednesday. Other traction cuts were the Lafayette Street Railway Company from $137,510 to $127,020, and Vincennes Electric Railway Company from $40,580 to $32,810. Southern Indiana Gas and Electric Company of Evansville was increased from $9,475,590 to $9,657 590

James T. Hamill & Company Prlrar Wlr*-4 t* All UenrUnt Market* Indiana poll* MEMBERS Chicago Htorb Exchange Chicago Board of Trad* Indianapolis Board of Trade Associated New York Curb 203 Continental Bank Bldg. Tel Bile* A493 —Riley 5491

GIBSON & BERNARD Formerly R. H. Gibson Cos. NEW YORK. Chicago and Cincinnati Stock Exchanges N. Y. Curb Exchange (Asscc.) Chicago Board of Trade 320 Circle Tower Indianapolis Tel. Lincoln 2341 307 Dixie Terminal Bldg Cincinnati 400 First & Tri-State Bldg. Fort Wayne 71 Broadway New York