Indianapolis Times, Volume 43, Number 11, Indianapolis, Marion County, 23 May 1931 — Page 12

PAGE 12

STOCK MARKET SHOWS UNEVEN TRADING RANGE Rail Shares Make Gains on Belief Freight Rates May Be Raised.

Average Stock Prices

Average of thirty industrial* for Thursday was 139.54. up 1.60. Average of twenty rails was 79.05. up 2.36. Average of twenty utilities was 55.58. up .35. Average of forty bonds was 95.40. off .18. ORA IN BY ELMER C. WALZER l nlted Press Financial Editor NEW YORK, May 22.—A moderate rally near the close today lifted the stock market slightly above the previous closing levels after the list had drifted irregularly lower through much of the session. Gains in most instances were only fractional. Trading during much of the session represented evening up operation following the heavy wave of short covering in the preceding session. Further weak spots de-veloped,-t>ut they were confined to a few individual issues. Movements were exceedingly narrow and reflected absence of speculative participation in the market. With the exception of a brief period of strength in the initial trading, when dealings were swelled by an overnight accumulation of buying orders, there was little feature to the market. Trading activity dwindled as the session progress and most traders withdrew from the market pending the ability of the market to hold its recent gain. Close Is Steady Steel common, American Can, General Electric, General Motors and other leaders finished at or slightly above previous closing levels after moving within a narrow range. Similar advances took place in the rails. Outstanding strength in issues like Woolworth. Auburn and Servel was somewhat offset by weakness in other sections, principally in the chemical issues. Early easiness was attributed to bear operations based on the steel price situation as disclosed by James A. Farrell, president of the United States Steel Corporation at the meeting of the American Iron and Steel institute. Selling also was occasioned by the remarks of Eugene G. Grace, president of the Bethlehem Steel Corporation, that business showed no improvement. Weakness Ignored Effects of these statements, however, gradually lest their force as the session progressed and weakness in individual shares was largely ignored by the main body of stocks. This encouraged pool operations in several individual issues, which scored good gains. Traders continued to discuss the possibilities of the effect of prospective higher railroad freight rates on railroad shares. This led to continued firmness in shares of this class under the leadership of New York Central, which rose nearly 2 points at one time. Other rails were relatively quiet. According to preliminary calculations, the Dow, Jones & Cos. industrial average declined .05 points to 139.49; rail average advanced .69 point to 79.94. Sales totaled 1.600,000 shares, compared with 2,400,000 shares Thursday.

Bank Clearings

INDIANAPOLIS STATEMENT —May 22 Clearings $2,550,000.00 Debits 5.564.000.00 CHICAGO STATEMENT —May 22 Clearings $86,600,000.00 Balances 25,100,000.00 TREASURY STATEMENT —May 22Net balance for May 20 $117,283,634.85 Expenditures 10,086.595.98 Customs rects. month to date 18,794.236.56

New York Bank Stocks

tßv Thomson A McKinnon) —May 22Bid. Ask. America 42 45 Bankers 92% 95% Brooklyn Trust 400 410 Central Hanover 215 220 Chase National 70 73 Chatham Phoenix Natl .... 57% 60% Chemical 40% 52% City National 75% 78% Corn Exchange 100 104 Commercial 245 255 Continental 17 20 Empire 45 48 First National 3,325 3,525 Guaranty 427 432 Irving 29% 31% Manhattan & Company.... 71 74 Manufacturers 40% 42% New York Erust 137 142 Public 45Va 43%

Net Changes

By United Press NEW YORK. May 22.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. on. Alaska Juneau 16% ... % American Can 99% 7 ... American Telephone 170 1% ... Atchison 154 ... % Auburn Auto 213% 3% ... Bethlhm Steel (unchanged) 42% Case 68% 4% ... Consolidated Gas 90 ... % Fox Film (A) 15% ... '* General Electric 40% ; S ... General Motors 38% % ... Gillette 34 1% ... International Telephone.... 26% % ... Loew's. Inc 40% % ... Montgomery Ward 19 s * % ... N. Y. Central 87% % ... North American 67% 1 Paramount 25 7 * ... % Pennsylvania 47% ... v* Public Service 79% '* ... Radio 17** % ... Radio-Keith (unchanged).. 15% Pears Roebuck 51% % ... Standard Oil. N. J 34% ... % Texas Corp 20% ... % Uited Aircraft 30 1% ... United Corporation 21% 'a ... United States Steel 100 % ... Vanadium \ 36% ... •% Westlnghouse Elec 61 ... 7 a

Investment Trust Shares

(Bv Gibson & Bernard) PRICES ARE TO 12 NOON C. S. T. Bid. Ask. Amher Founder’s Corn com.. 2% 3 Am & Gen Sec A 14 Am Inv Trust Shares 4% 5% Basic Industry Shares 5 5% Corporate Trust Shares 4% s'* Cumulative Tr Sh 6% 6 s * Diversified Trustee Shares A.. 14% .. First American Corn.... 7V* 7 s * Fixed Trust Oil Shares 3? 4% Fixed Trust Shares A 12% .. Inv Trust N Y 6 7 Leaders of Industry series A., 6% ... Nation Wide Securities 5% C% National Industry Shares... s** 5% N Am Trust Shares 4% 5% Sel Am Shares 4% 5 Shawmut Bank Inv Trust.... 8 10 Universal Trust Shares...... 5 5% Bud Coro o Am Tr Sir A 5% 6% Fundamental Tr Sh A..... 6 6% Fundamental Tr Sh B 6% 7 U S Eleo U6s Pwr A....... 38% 30% •New York Liberty Bonds $%. 10232 Ist 4%s 103.14 4th 4%( 104 31 Treasury 4Vs 113.31 Treasury 3%s 107.10 Treasury 3%s of '47 103.41 Treasury 3%a of '43 March) 103 4

New York Stocks Thomson A McKinnon) ——

By United Pre* NEW YORK, May 22.—Sales on the New York Stock Exchange today totaled 1,600,003 shares; Curb stocks totaled 360,000 shares. —54*7 22 Prev. Railroad*— High. Low. Close, close. Atchison 155 152 Vs 154 154 Vs Atl Coast Line.. 91 90% 90% 90% Balt it Ohio ... 58% 56'a 57 56% Chesa it 0hi0... 37% 367. 37% 36% Chesa Corp .... 38% 38 38% 38 Chi Grt Weft .. 5Vi 5% 5% 5Vi Chi N West..... 33% 32 32V 32 C RI & P 37"a 37 37 38!a Del Lit W 59 57% 58% 57Va Del it Hudson.. 130 129 129% 128 Erie 22 20 21 Vi 19 Erie Ist pfd 30 Great Northern. 50V* 50 50 51 Illinois Central. 55% 53Vi 53% 53 Kan City 8o ... 30% 30V* 30V* 31 Lou it Nash ... 73% ... M K it T 14*/* 13% 13% 14 Mo Pacific 21 20 21 19 Mo Pacific pfd.. CO‘a 59 59 N Y Central ... 88% 88 87% 87 NY NH it H 73 69 72% 70*i Nor Pacific .... 38 37! 38 36% Norfolk St West. .. ... ... 176 O & W 6% 6% 6% 67* Pennsylvania .. 48% 47% 47% 47% Seaboard Air L .. ... Vi % So Pacific 80Vi 78% 79% 79% Southern Ry.... 34% 33% 34% 32% St. Paul 4% 4% 4% 4V St Paul pfd ... 8 7% 77a 8 St L it 8 F.... 17% 16% 17% 17% Union Pacific ..158% 156% 157 157% Wabash 12 11% 11% 12 W Maryland ... 12*4 117* 117a 11% W’est Pacific .. A ... 67* Equipments— Am Car & Fdy. . , 19 Am Locomotive. 15% 15V* 15% ... Am Steel Fd ... 14% 14 14% 14% Am Air Brake S 27*2 26% 27% ... Gen Am Tank.. 58 57V* £8 57 General Elec .. 40% 39% 40% 39% Gen Ry Signal. 52 51 !i 52 50 Lima Loco 22 IN Y Air Brake 13% ... ! Press Stl Car 3*/* 3’/* Pullman 35% 35 35 25 I Westingh Ar B 25 24% i Westingh Elec. 63 60 61% 62% Rubbers— Firestone 17 16% 17 16 Fisk % % Goodrich 11% 11 11 11 Goodyear 39 % 38Vi 39 39 Lee Rubber 3 U S Rubber ... 14 13% 13% 13% Motors— Auburn 217 204 213% 210 Chrysler 17% 167i 17** 17% Gardner ... 7* % Graham Paige... 47* 4% 4% 4->* General Motors 38% 37% 38% 38 Hudson 147* 147a 14% 15 Hupp 7 Vi 77a Mack 28% 28 28*2 ... Marmon 3% 3% 37s 3Vi Nash 23V* 27% 28% 28 Packard 7 6% 67* 6% Reo 6*/e 666 Studebaker 17% 17 17% 17% Yellow Truck.... 8% 8% 8% 87s Motor Access— Am Bosch 13 Bendix Aviation 18 177a 177* 17% Borg W’arner.. 19% 187* 19% 18% Brings 11% 117a H7a 117a Budd Wheel 87a 8% Campbell Wv. 127a 12% 12% 12% Eaton ... 127a 12% El Storage 8... 53% *52% Haves Body ... 3% 3% Houda 5% 5% 5% 5% Motor Wheel 12% Sparks-W 7 67a 7 7 Stewart Warner. 11% 10% 10 7 /a 11 Timkin Roll 42 41% 41% 417* Mining— Am Metals 11 11 Am Smelt 30% 297a 30% 317a Am Zinc 4% Anaconda Coj... 25% 23% 24% 25% Cal it Hecla 6 6 Cal it Arlz 28 26 27 27% Cerro de Pasco. 16V* 15% 16 16% Dome Mines 10% 10Vi 10% 10% Freeport Texas.. 26% 25% 26V* 26 Granby Corp 12 ll*/ 2 11%- 117* Great Nor Ore.. 23 21% 2174 ... Howe Sound 17% 17 17 17 Int Nickel 127a 12*/i 12% 12% Inspiration 5% 5% 5% 6 Kennecot Cop.. 197* 18*/a 19 V* 19% Magma C0p.... 15Vi 15 15 15% Miami Copper 6 N*v Cons 8% 8% 3*/s 8% Texas Gul Sul. . 397'a 38 39% 397a U S Smelt 16% 16 16 157* Oils— Amerada 167a 16*% 167i 167* Atl Refining...'. 14% 13% 14% 137a Barnsdall 7 6% 7 67a Beacon ... ... 87a Houston 8 7 5 /a 77s 8 Indian Refining ... 2*/a Ohio Oil 8% 7% 7% 8% Mex Seaboard.. 15 147a 14% 14% Mid Conti 8 8 Pan-Amer (B> 29 ... Phillips 6*/* 6 6% 6 Pr Oil & Gas 10 97* 97* 9% Pure Oil ... 6 6% Richfield 17a 1% Royal Dutch 287a 28% 28% 29 Shell Un 57a 5 5% 5 Simms Pt ... 57* ... Sinclair 8% £7a 8 7* 8% Skellv 4% 4 ' 4*4 3% Standard of Cal.. 36 35% 35% 3574 Standard of N J 347 k 347a 3474 34% Standard of N Y 1774 17% 177a 17% Texas Cos 207'a 20% 20% 21 Union Oil 17 1674 17 167* Steels— Am Roll Mills .. 1974 18% 19 19 Bethlehem 437* 42% 4274 42% Bvers A M 37*% 36% 37% 36 Colo F*iel 15 14% 1474 14% Cruc Steel 447* 43'% 44 2374 Inland 42'% ... Ludlum • 1074 10'% Midland 1774 18 Newton 10 V* 10 10 10*4 Repub I & S . . 13% 13 13% 12% U S Steel 101’% 9874 1007a 997a Vanadium 38 • 3574 3674 36% TToungst S it W 187a ... Youngst jjc S T 55 Tobaccos— Am Tob A (new)111 ’.10% 110'% 109'% Am Tob B (newillO 1137a 114 11374 Con Cigars ... . ... 32 General Cigar.. .. ... ... 35 Lig & Myers P.. 757a 73 73V4 74'% Lorlllard 67* 1574 1 574 1 6 Phil Morris 10 9% Reynolds Tob... 49% 4874 **9*4 48 74 Tob Pr A 1074 ... Tob Pr B .. 2% 2V4 United Cig 5 5 Utilities— Abitibi 374 3% 37* 374 Adams Exo 14'% 1374 14 137* Am For Pwr... 30 29 29% 2974 Am Pwr St Li 40 3974 3974 39 AT&T 170% 167'% 170 1687a Col Gas &El 257s 2474 2574 25% Com & Sou B'4 8 B>a 8% El Pwr &Li 39% 3374 39% 38'% Gen Gas A...... 574 5 5% 5 Inti T & T 26% 26 26V 2 2574 Natl Pwr & Li.. 26'% 25% 26 26 No Amer Cos 68 6674 67'% 66'% Pac Gas & El.. 45% 45 45 4574 Pub Ser N J.. 8071 79 7974 7974 So Gal Edison.. 447* 45 44'* 4314 Std @ & E 1... 6574 63'% 6474 64'% RAW SUGAR PRICES —May 22High. Low. Close. January 1.33 1.31 1.32 March 1.38 1.37 1.37 Mav 1.11 1.11 July 1.16 1.13 1.13 September 1.23 1.22 1.22 December 1.31 1.30 1.30

Produce Markets

Eggs (country run)—Loss off delivered In Indianapolis. 12c; henery Quality. No. 1. 14’ 2 c; No. 2. 12c. Poultry (buying prices)—Hens weighing 5 lbs. or over, 17c; under 5 lbs., 15c; Leghorn hens. 15c: 1930 broilers, full feathered. I % lbs. and up, 27c; under 1% lbs.. 25c: bareback. 16c; Leghorn broilers. 23c; ducks. 9c; old ccoks. B@9c; ducks, full feathered, fat whites. 9c; geese, 6c. These prices are for No. 1 top quality. Quoted bv Klnsan & Cos. Butter (wholesale)—No. 1. 26027 c; No. 2. 24Ci25c. Butterfat —21c. Cheese (wholesale selling price per pound)—American loaf. 22c: pimento loaf. 32c; Wisconsin firsts. 19c; Longhorns. 16c; New York limebrger. 30c. NEW YORK. May 22.—Potatoes—Market. aulet and weak; Southern. $2®3.35 bbl.; Maine. $2.2503 bbl.; Canada, $1.35® 2.75 bbl. Sweet Potatoes —Market, steady; Jersey baskets, 75c@$3 50; southern baskets. $2.65 02.75. Flour—Market, steady; spring patents, $4,600 4.90. Pork—Market. steady. Mess—s 23. Lard—Market, dull; middlewest spot. $7.9508.05. Tallow —Market, quiet: special to extra, 3%@ 3 : '*c. Dressed Poultry—Market, steady to firm: turkevs. 25@44c; Chickens. 25@38c: broilers. 28@45c: fowls, 12®25c: Long island ducks, 17019 c. Live Poultry— Market, steady, geese, 9012 c; ducks. 13® 24c; fowls. 21024 c -, turkeys. 15® 30c; roosters. 12c; chickens stags. 12c; broilers. 20037 c. Cheese—Market, steady; state whole mlik. fancy to special 12@22%c; Young America. 13%@19%c. By United Press CHICAGO. May 22. —Eggs—Market, weak; receipts. 23,215 cases; extra firsts, 18%c; firsts. 17%c: current receipts. 15%016%c: seconds. 14%c. Butter—Market, easy; receipts. 12.080 tubs: extras. 22%c: extra firsts. 21%0 22c: firsts. 20®20%c: seconds. 18019 c: standards. 22%c. PoultryMarket. easv: receipts. 2 cars; fowls, 18® 21c.: springers. 26c; Leghorns. 15c; ducks, 16c: gees' ,9c; turkeys. 20023 c: roosters. 12c? orotlers, 3 lbs.. 28c; broilers, under 3 lbs. 24c; Leghorn broilers. 22c. Cheese— Twins. ll%@ll%e; voung Americas. 13® 12’*c. Potatoes—On track. 180; arrivals, 67; shipments. 780; market, steady to firmer; Alabama and Louisiana Bliss Triumphs, $1.6501.85; Texas Triumphs, $1.50 01.E5: Wisconsin Round White. sl.lo® 1 20: Idaho Russets. $1.3501.45. By United Press CLEVELENAD. Mav 22.—Butter—Extras. 26%c; standards. 36%c. Efccc —Extras. 1 17%c: firsts. 17c. Poultry—Heavy fowls. ‘ 23c; medium. 23c; Leghorn fowls. 17c; heavy broilers. 32035 c; Leghorn broilers. 25 0 28c: ducks. 150 22c; old cocks. 12c; j geese. 10@15c. Potatoes —Maine Green ML. i $1.850 2 per 100-lb. sack; Idaho Russet, mostly *1.85@2; few $2.15 per 100-lb. sack. By United Press CINCINNATI. May 22.—Butter—Steady; creamery in tub lots according to score, 20 0 22c: common score discounted 2@Se; packing stock. No. 1. 16c: No. 2. 12c; No. 3.8 c: butterfat. 17019 c. Eggs Steady; cases Included: Extra firsts. 17c; firsts. 15c: seconds. 14%c; nearby ungraded. 16%c. Live poultry—Thin and coarse stock sell only at heavy discount; fowls, 5 lbs. and over. 18%c: 4 lbs. ad over. 20c: 3 lbs. ar.d over. 20c: Leghorns. 3 lbs. and over. 15c; roosters, 10%c; broilers, colored. tJV* lbs. and over, 29c - colored, over 2 lis.. 34c; partly feathered. 15®30c; Leghorn broilers. 1% lbs. and over, 28c; black springer*. 20c; over 2 lbs.. 34c,

United Coro ... 2174 20% 21% 21 Ut Pwr & L A... 22% 31% 22*4 22% West Union ....103 101% 102 100% Shipping— _ Am Inti Corp.... 13% 13% 13% 13% Inti Mer M pfd •% United Fruit.... 56% 56 5674 56 Foods'— Am Sug *% 47% Armour A 3 2 Beechnut Pkg ... 48% Cal Pkg 24 23% Can Drv 41 40% 4074 40% Child* Cos 20 19% 20 20 Coca Cola 143% 141 142% 142% Cont Baking A ** Corn Prod 62% 61% 21% 61% Crm Wheat .... 2874 27 % 27V* 28 Cudahy Pkg ... 38% 38% 38% 39% Cuban Am Sug.. 32% 3 374 Gen Foods 48 47% 48 47% Grand Union .. 16 15% 1574 15% Hershev ..J , ?1 Jewel Tea 41% 41 41 41% Kroger 28% 38 28% .8 7a Nat Biscuit 67V* 66 67 65% Pillsburv 29'* 39 39 39 Purity fiak 2874 38 28 2i% Safeway St .... 49% 49 49 49 Std Brands .... 17% 17% 17% 17% Ward Bkg 4 3% Drugs— Cot 7 inc ? 9 Lambert Cos .... 68% 68% 68% 68 Lehn & Fink ... 25*4 25 25 25 Industrials— Am Radiator ... 13 12% 1274 1 274 Certaineed 4 3% 3% 4% Gen Asphalt ... 1974 19 1974 19% Lehigh Port 12 ... Otis Kiev 37% 37 37% 37 Indus Chems— * Allied Chem ...114% 11074 113% 114% Com Solv 12% 12% 1274 1274 Union Carb 49% 47% 4874 48% U S Ind Alco .. 29% 25 26% 29% Retail Stores — Assoc Dry Gds 207* Glmbel Bros ... 4% 4% 474 4% Kresge S S .... 26% 2674 2674 26% May D Store... 30'/a 29% 29% 30 Mont Ward ... 1974 19% 19% 1974 Penny J C 34 34 Soars Roe 517* 50% 517'* 50% Woolworth 67 6474 6674 647* Amusements — Bruns Balke 8% 8% Col Graph 8% 874 8% 8% Crosley Radio 474 Eastman Kod ..142% 136V* 138 141 Fox Film A ... 1574 1474 15% 11% Grigsby Gru ... 3*4 3% 3% 374 Loews Inc 41=4 39V* 4074 40V* Param Fam .... 26% 25% 25% 26% Radio Corp 17% 16% 17% 16% R-K-O 1574 1 474 1 5% 1574 Schubert ... 4 4 Warner Bros .. 5% 5 574 574 Miscellaneous— Airway App 5 City Ice & Fu 32 3174 Congoleum 974 8 % 8% 9 Am Can ...ICO 97V* 9974 98% Cont Can 47 45% 47 46% Curtiss Wr 32% 3 274 Gillette SR... 34% 32% 34 32% Real Silk 13% 13% Un Aircraft 30 28% 30 28% Int Harv 4874 46% 4674 46

Dow-J ones Summary

San Francisco rediscount rate reduced to 2'/ 2 per cent from 3 per cent. J. I. Case declared a regular quarterly dividend of $1.50 on common stock, payable July 1. of record June 12. New York Cables opened in London at 4.86%, against 4.8615-32; Paris checks, 124.37; Amsterdam. 13. J J 7; Italy, 92.935; Berlin, 20.425. Bank of Argentina withdraws $2,633,388 gold for shipment to United States to pay interest on Argentina bonds. Montgomery Ward mid-summer sales catalog shows price reductions from spring book averaging about 15 per cent. Tide water Associated Oil and subsidiaries first quarter net loss $191,575 after charges. Year ago earned 19 cents a common share. Commercial Investment Corporation declared a regular quarterly dividend of 50 cents on common stock, payable July 1, cf record June 5. Croat Northern Iron Ore declared a dividend of sl. payable June 25. of record June 5. Six months ago semi-annual dividend of $1.50 extra, was paid. Associated Oil and sabsidaries first auarter net 47 cents a share, against 76 cents a year ago. Selected Industries Inc. declared a dividend of $1.37% on stamped and unstamped $5.50 prior stock .payable July 1. of record June 16. April 1. a dividend of $1.37% was paid on stamped prior stock for period, Jan. 1 to March 31. 1931. Gross of Electric Light and Power Utilities in United States in March was $165.108.500. a decrease of $1,875,400, or 1 1-10 per cent from March, 1930. according to National Electric Light Association. Gross for first auarter was $518,489,800. against $527,489,700 in first auarter of 1930. Production of small cigarets in April totaled 9,470,621,253, against 9,535,460,463 in April, 1930. Large clgaret output was 613.799, against 872,350. Final dividend for 1930 of 7% per cent, or Is 6d, on ordinary shares of Shell Transport and Tradnlg Company, Ltd., is payable in London on July 6, and is equivalent to 3s per American share. Harnischfeger Corporation declared a regular quarterly dividend of $1.75 on preferred stock, payable July 1, of record June 15. Libby, McNeill Ac Libby declared a regular semi-annual dividend of $3 on 6 per cent preferred stock, and $3.50 on 7 per cent preferred stock, payable July 1, of record June 19. Katz Drug declared a regular quarterly dividend of 50 cents on common stock, payable June 15, of record May 29. Stocks on shoe manufacturers leather declined 4 per cent in March, and IX 6-10 per cent below March, 1930, according to New York Hide Exchange. Tanners stocks of finished leather showed decline from February, but were 16 8-10 per cent over March, 1930. Canadian Hydro-Electric Corporation. Ltd., and subsidiaries twelve months ended March 31, consolidated net income of $2,044,607 after taxes, interest, depreciation, etc., against $1,191,361 In year ended March 31, 1930. April consolidated net income $144,244, against $137,154 in April, 1930.

New York Curb Market

(By Thomson St McKinnon) Close Close Am Gas & 51... 62% Midwest U .... 18 Am Lt it Tr 40 Mo aKn Pipe... 4% Ark Gas 3% National Inv .. 4 Brazil Pw & Lt 15% Nat Pub Serv A. 16% Can Marc 2% Newmont 28 Cities Serv 11% Nia Hud Pwr.. 10% Cons Gas 86% Niles 15% Cord 10 s ? Pantepec 5% Durant Mot .... 1% Salt Creek .... 5 Elec Bond Sh .. 39% Shenandoah ... 5 Ford of Can .. 6% Std of Ind .... 25 Ford of Eng... 12% Std of Ky 16% Fox Theater... 2 7 /* Stutz 24 Goldman Sachs 6 ITrans Air Trans 6% Gulf Oil 45%'un Gas (new).. 6 Hudson Bay ... 4 |Un Lt & Pwr... 20% Humble Oil 53%iUt it Indus... 6 Ind Terr A 10% Ut Power 7% Insull Ut 31 !Vacuum Oil 32'/* Int Super 20 :Walgreen 17% Int Pete 10% i Other Livestock By United Press LAFAYETTE. Ind., May 22.—Hogs— Market, 10@20c lower; 160-180 lbs., $6.60; 180-200 lbs.. $6.55: 200-210 lbs.. $8.50; 210220 lbs.. $6.45; 220-250 lbs.. $6.40; 250-260 lbs., $6.35; 260-280 lbs., *6.25; 280-300 lbs., $6.15; 300-325 lbs.. $6; 130-160 lbs., $6.40; 100-130 lbs., $6.30; roughs, $5 down; top calves, $7; top lambs, $9. By United Press PITTSBURGH, May 22.—Hogs—Receipts 1.000: market, slow, mostly 25c lower - 220250 lbs., $6.75@7; 260-300 lbs., [email protected]; better grade packing sows $5®5.25. Cat-tle-Receipts. 10; market, nominal. Calves —Receipts, 200; market, slow to steady; choice vealers up to $9; medium to good grade, [email protected]). Sheep—Receipts. 250; market, slow to steady; good and choice 60-75 lb. spring lambs, $11.50312.50; other classes scarce. By United Press CLEVELAND, May 22.—Hogs—Receipts, 1,200; holdover, 50; mostly 10c spots 50c lower; top $7.35; paid sparingly; bulk 160-210 lbs.. $7.30; 220-250 lb. kinds and pigs. $7; 260-300 lbs., $6.75; scattered 340 lbs., $6.50; only sows and stags steady. Cattle—Receipts. 225; draggy and undependable; 25c to 75c off since Monday, mostly 50c down; clearance Incomplete at s6@7 on common to medium steers; medium 12&7 lb. steers $6.55; sausage bulls, [email protected]; low cutter to good cows, $3.75 05.25. Calves—Receipts, 400; steady to weak; largely $8.50®9; sparingly $9.25® 9.50 on best sorts; scattered culls, s6®7. Sheep—Receipts 400; principally low grade dipped lambs on heavy sheep; undertone weak; choice weighty ewes, $3; choice lightweights quoted $3.50. By Times Special LOUISVILLE, May 22.—Hogs—Receipts. 400; market 10c lower; 225 lbs. up. $6; 165225 lbs., $6 65; 130-165 lbs.. $5.90; 130 lbs. down. *5.25; roughs. $3.504.5A; stags. $2.75. Cattle— Receipts. 150; market, slow and weak; prime heavy steers. s7®B; heavy shipping steers. $607; medium and plain steers. $5.50®6; fat heifers, $6.50® 8; common to medium heifers. $5®6.50 - good to choice cows. $405; medium to good cows. $3.25®4: cutters. [email protected]; canners. [email protected]; bulls. $304.50; feeders. $6.5007.50; Stockers. $5.50 0 7.25. Calves— Receipts. 250: market, steady; good to choice. S6O 6.50; fapev. $7; outs. $5 down. Sheep—Receipts. ljBOO; market prospects lower. Thursday's*-shipments: CatUe. S3; : calves, 100; hogs, 3*9; sheep, 1,404.

THE INDIANAPOLIS HMES

PORKER PRICES DROP 15 CENTS IN WEAKTRADE Cattle, Calf Market Slow and Steady; Sheep Unchanged. HOGS May Bulk Early Top Receipts 14. $6,907? 7.15 87.15 5.500 15. 7.00® 7.30 7.30 4.000 18. 6.654? 6.95 6.95 6,500 19 6.65@ 6.9 C 6.90 5.500 20. 6.700 7.10 7.10 5.000 21 6.6042 6.90 6.95 8.000 22. 6.75 6,000 Further weakness carried hogs down 15 cents this morning at the Union stockyards, prices for the bulk, 140 to 300 pounds, ranging $6.45 to $6.75. Receipts were estimated at 6,000; holdovers were 792. Cattle were generally slow with prices about steady with the weak undertone. Receipts were 400. Vealers held unchanged at $8 down. Calf receipts were 700. Sheep were steady, receipts numbering 200. Spring lambs sold mostly at $9 to $10.50. v Chicago hog receipts were 18,000, including 7,000 direct. Holdovers, 9,000. Opening slow, few early sales on light weights around 10 cents lower than Thursday's average. Bulk sales and most bids on choice hogs weighing 160 to 220 pounds, were $6.65 to $6.75. Nothing done on heavy weights. Cattle receipts were 2,000. Calves 1,000, and steady. Sheep receipts were 7,000 and steady. HOGS Receipts. 6.004; market, lower. —Light Lights—-(l4o-160) Good and choice....? 6.70® 6.75 —Light Weights—-(l6o-180) Good and choice.... 6.75 (180-200) Good and choice 6.75 —Medium Weights—-(2oo-220) Good and choice 6.70® 6.75 (220-250) Medium and good 6.604? 6.65 —Heavy Weights—-(22o-250) Medium and g00d.... 6.4548 6.60 (250-290) Medium and good 6.25® 6.45 —Packing Sows — (275-500) Medium ana g00d.... 5.00@ 5.50 (110-120) Slaughter pigs 6.604? 6.70 CATTLE (Slaughter Class) Receipts, 400; market, steady. —Steers— Good and choice $ 7.00@ 9.00 Common and medium 5.25® 7.00 (1,100-1.500) 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® 5.75 Common and medium 4.00® 5.00 Lorn 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, 700; market, steady. —Vealers— 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. 200; market, steady. (Shorn basis, except spring lambs) Good and choice $ 7.75® 8.75 Common and medium 6.00® 7.75 Spring lambs [email protected] Ewes, medium and choice ... 2.50® 3.25 Cull and common 1.50® 2.75 Other Livestock By United Press CHICAGO, May 22.—Hogs—Receipts, 18,000, including 7,000 direct; unevenly 10® 20c lower than Thursday's average; early top, $6.80; bulk good and choice, 150-220 lbs., [email protected]; most 230-300 lbs., $606.50; packing sows, 25c lower; better kinds, [email protected]; strong weight pigs, [email protected]; light lights. 140-160 lbs., good and choice. [email protected]; light weight, 160-200 lbs., good and choice, [email protected]; medium weights, 200-250 lbs., good and choice, [email protected]; heavy weights, 250-350 lbs., good and choice, [email protected]; packing sows, 275-500 lbs., medium and good, SSO 5.50; slaughter, pigs, IQO-130 Ids., good and choice, [email protected]. Cattle—Receipts, 2,000; calves, receipts, 1,000; fed steer and yealring trade fully steady; inbetween grade kinds predominating; no strictly choice offerings here; most sales, [email protected]; few loads light and medium weight steers, $7.25@ 7.50; other killing classes, steady to weak; general undertone a caution for supply abridgement next weak; slaughter cattle and vealers; steers, 600-900 lbs., good and choice, $7.25 08.50; 900-1100 lbs., good and choice. $7.2508.50; 1100-1300 lbs., good and choice, $7®8.50; 1300-1500 lbs., good and choice, [email protected]; 600-1300 lbs., common and medium, [email protected]; heifers, 550-850 lbs., good and choice, [email protected]; common and medium, $5.2506.50; cows, good and choice, [email protected]; common and medium, $404.75; low cutter and cutter. $2.75 04; bulls, yearlings excluded, good and choice, beef, s4@s; cutter to medium, [email protected]; vealers, milk fed, good and choice, $7.25@9; medium. [email protected]; cull and common, $506.50; Stocker and feeder cattle: steers, 500-1050 lbs., good and choice, [email protected]; common and medium, [email protected]. Sheep—Receipts, 7,000; largely nominal; part load stale clipped lambs, $8; choice native springs, [email protected]; 5 loads plain Californias unsold; slaughter sheep and lambs; spring lambs, good and choice, $9.50@11; medium, [email protected]; common, $6.50@8; lambs, 90 lbs. down, good and choice, [email protected]; medium, $6.50® 7.75; 91-100 lbs., medium to choice, $6.25® 8.50; all weights common, [email protected]; ewes, 90-150 lbs., medium to choice, $1.75@3; all weights, cull and common, sl®2. By United Press FT. WAYNE. Ind.. Mav 22.—Hogs—Market, 20c lower: 100-140 lbs.. $6.25; 140-160 lbs.. $6.40; 160-180 lbs., 56.50; 180-200 lbs. $6.60; 200-220 lbs., $6.50; 220-240 lbs ! $6.40; 240-260 lbs., $6.30; 260-280 lbs. $6.20; 280-300 lbs.. $6.10; 300-350 lbs, $6; roughs $5; stags, $3.50; calves, $8; wooled lambs! $8; clipped lambs. $9; spring lambs, 10. By United Press CINCINNATI, 0.. May 22.—Hogs—Receipts, 3.600; heldcver, 1,000; steady to mostly 10c lower: moderately active; better grade. 160-220 lbs., largely $6.90. some 230 to around 2. 3 lbs.. $6.5006.75; 310 lbs. downward to $6; 120-150 lbs. $6.50 @6.65; sows mostly $5. Cattle—Receipts. 325; calves, 300; steers and heifers, steady to weak; odd lots common and medium graces, $5.50@7; some better finished yearlings [email protected]; all grades cows mostly 25c lower; spots off more; most beef cows, $4.50®5; bulk low cutters and cutters, $2.75@4; practical top bulls, $4.50a few $4.75; vealers steady to weak; good and choice, $7.50@8; lower grades $7 down. Sheep—Receipts 2.000; spring lambs slow, about steady with weaker undertone; lower grades draggy; good and choice ewe and wether springers sll® 11.50; common and medium $8010.25"; buck lambs, $8.50®10; sheep, weak; fat ewes mostly $2.50 down. * By United Press „ J*F FF - ALO ' May 22.—Hogs—On sale, mostl y 25c lower; 220-250 lbs., $6.70@7; heavier kinds, down to $6.50; P‘6s - '-75; packing sows, slow, few *505.50. Cattle—Receipts. 200; mostly cutter cows; steady at s2@3; few fat cows up to $4.75; calves, receipts, 1,300; barely steady; good to choice vealers. SBO9 50 - common and medium, $4.5007.50. Sheetv-1 Receipts 1,200; lambs very slow; few 25050 c lower; medium to good shorn lambs. $7.50 08.50- best springers held at sl2 and above; sheep scarce, steady. By United Press TOLEDO. Mav 22.—Hogs— Receipts, 350he t rles ' $6.3506.50; mediums. *6.5006.75; yorkers. $6.5006.75; j® ®[email protected]. Cattle—Receipts, lightmarket, slow; calves, receipts, light; market' steady shee P —Receipts, light; aarBy United Press EAST ST. LOUIS, 111.. Mav 23 Hoes deluding 1.200 direct, and 1.300 through, market, uneven, generally steady with Thursday's close; small lots choice light hogs. 6/75: 230 lbs dowr largely 61.5006 70; 240-250 lbs $6 40® So^L S '“rifely lOc lower at $5.2505.40 Cattle—Receipts. 1,500; calves, receipts <00: market, steer supply liberal; indications steady on steers; medium bulls steady to 25c lower; other classes steady toD mixed yearlings and heifers. $6,500 B;'cows $3.75 0 4.25; low cutters. $3.3568: top dium bulls. $4; vealers. $8.50. Sheep—Receipts. 2.500: market, opening sales of spring lambs to packers steady at $lO down; market not devioped on clippers • run conslts of nine decks of native springers and eighteen cars of clipped Texas lambs: shiep unchanged; spring lambs, good and choice. $9.25010.50: medium. $7.75 09.25; common. $6®7.75; lambs 90 lbs. down; good and choice. $6.5007.75: medium. ss® 6.50: 91-100 lbs., medium to choice. $5.5007.50; all weights common. $4.5005.50; ewes. 90-150 lbs., medium to choice. s2os: all weights, cull and common. $109; choice. S3@3; all weights, cull and raauacn. $102.25.

Touring Tuhneys Hailed in Turkey

jjPj- lip

The name was Tunney—Gene Tunney. And Istanbul must have more than its quota of fight fans, too; for crowds thronged around the retired heavyweight champion and his wife, the former Polly Lauder, when they drove through the streets of the Turkish capital. Here you see Tunney smiling his appreciation of the reception. The famous couple is on a tour of the world.

Chicago Stocks (By James T. EamiU 6s Cos.)

—May 22TOTAL SALES 95.000 SHARES High. Low. Last. Allied Motor Ind 1% ... ... Allied Products 20 % 19% 20% Assoc Tele Util 24% 24 24% Bendix Aviation 17% 17 17% Borg Warner 19% 19 19% Brown Fence & W ‘‘A” 15% Butler Bros 4'% Cent 111 Securities 20% Cent Pub Serv Cl ‘'A”. 13% 12% 13% Cent '& So West 17% Chicago Yellow Cab ..20% Cities Service 11% 10% 11% Commonwealth Edison.23l% 230 231% Continental Chicago ... 5% 5% 5% Continental Chicago pfd 35% 35% 35% Cord Corp 11 10% 10% Corp Securities 16% 16% 16% Electric Household 20 Qreat Lakes Aircraft.. 3% 33 Grigsby-Grunow 3% 3% 3% Houdaille-Hershey "A”. 15 Insull Util Invest ..... 31% 30% 31 In Ut In p2d S 6’s ’4O 82V* 81% 81% Iron Fireman 12% Keystone Steel 10% Libby-McNeil 11 10% 11 Lynch Corp 16% 16 16 Middle West Utilities .. 18% 17 7 / 8 18% Midland United 19% 19 19% Mo Kansas Pipe Line.. 5 4% 5 Muskegon Motors Spec A 13 National Family Stores 4% 3% 4% National Securities Inv 4% National Securit Inv pfd 65 North Amer Light & P 65% 65% 65% Perfect Circle 28 Pines Winterfront .... 15% 14 15% Public Service N P 234 230 234 Seaboard Utilities Sh... 3% 3% 3% Southern Union Gas... 7/4 7% 7% Super-Maid 3% Swift &Cos ... 26% 26% 26% Swift International ..34% 33 34% Unit Corp of Am 3% United Gas Carp 6V* 6 6 ■U S Gypsum Com 38 V* U S Radio & Tel ...|. 18 17% 18 Utah Radio 2% 2% 2% Utility & Ind 5% Utility & Ind pfd 16 15% 16 Walgreen Cos., Com .... 18 17% 18 Yates Machine 2% 2% 2%

Indianapolis Stocks

—May 22Bid. Ask. American Cent Life Ins Cos.. 1,000 Belt R R it Yds Cos com 32 40 Belt RR & S Yds Cos pfd 65.. 49% 55 •Bobbs-Merrlll Cos 20 27 •Central Ind Pow Cos pfd 75.. 82 87 Circle Theater Cos com 7s 100 Citizens Gas Cos com 10s 23 24% •Citizens Gas Cos pfd 55...... 96 101 •Commonwealth Ln Cos pfd Bs.loo •Commonwlth Ldan Cos pfd 7s 97 102 Hook Drug com 7 Indiana Hotel Cos Claypool C.. 105 Ind Hotel Cos pfd 6som 100 Indpls Gas Com 6s 57% 61 Indpls Pow it Lt Cos pfd 6%5..105 106% •Indpls Pub Wei Ln Assn cm 8s 50 Indpls Wa Cos pfd 5s 101 Pub Servos Ind 7s 99 102 Pub Servos Ind 6s 84 87 Metro Loan Cos 8s 100 Indpls Wa Cos pfd 5s 101 North Ind Pub Ser Cc pfd 5%s 94 97% No Indiana Pub Sy Cos pfd 65.102% 105 No Indiana Pub Cos 7P 110 E. Rauh St Sons Fert Cos pfd 6s 47 Shareholders Invest Cos 8 Ter Haute Tr & LI Cos pfd 6s 81% ... Union Title Cos com 3s 15 Van Camp Prod Cos Its pfd 7s .. 93 Van Camp Prod Cos 2d pfd 8s .. 93 Auburn Automobile Cos com... 204 206 Backstay Welt Cos com 14% 17 Ind Pipe Line Cos 11% 13 Link Belt com 25 25% Lynch Glass Machine Cos com 14% 16% N Y Railroad Central C 0... 16 16% Noblitt Sparks Industrial Inc 35 39 Perfect Circle Cos com 21 29 Real Silk Hosiery Mills Inc Cos 13% 15 Standard Oil Cos (Indiana).. 24% ... Studebaker Corporation -16 18 Ross Gear 19 19% Natl Tile 4% 5 •Ex-dividend. BONDS Bid. Ask. Belt R R & stk Yds Cos 45... 92 Cent Ind Gas Cos 5s 99 Cent Ind Power Cos 6s 99% ... Citizens Gas Cos 5s 99 Citizens Street Railroad 55.... 22 Home T it T of Ft. Wayne 6s. 102 ... Ind Railw & Light Cos 5s 93 96 Indpls Pow & Li Cos 5s 102 Indpls Gas Cos 5s 102 103 Indpls Street Rys 4s 18 Indpls Trac Terminal Cos 55.. 44 46% Indpls Union Ry 5s 100 Indpls Water Cos 5%s 1054 103% 104% Indpls Wat Cos let lien & ref 5s 98 ... Indpls Water Cos 4%s 96% 98% Indpls Water Wks Sec Cos 55.. 89 Interstate Pub Ser Cos 4%5... S2 Interstate Pub Ser Cos. B 6%5.103 No Ind Pub Serv Cos 5s 103 No Ind Teleph Cos 6s 99% 100 —Sale* 10 shares, Central Ind Pow Cos 7s, at 83

In the Cotton Markets

(By Thomson St McKinnon) NEW YORK, May 22.—Liverpool cotton prices were higher this morning and so were prices in New York, but not equivalent to the foreign market. All of the advance was lost by the noon hour and at that time the tone of the market was easy. Early reports of rain seem to have been exaggerated, but temperatures in the west are well below normal. The weekly report of the Dallas News was unfavorable for the northern half of the state, but in the south it is better. Dry goods markets are quiet with trading light. In cotton, the professional element is inclined to continue bearish views. The week-end figures show brought into sight 48.000 bales less than same week last year. While spinners took 58,000 more. Prices did not reflect this favorable turn to statistics. Trading was thin at Ip. m. The market was 3 or 4 points lower than Thursday, but there was a slight improvement in the tone. Asa trading proposition, we feel that the long side is the safer. YEW ORLEANS —May 23 High. Low. Close. March 10.27 10.13 10.13 Mav 9.15 9.1 July 9.35 9.24 9.35 October 9 72 9.58 9.59 December 9.91 9 75 9.79 YEW TORK High. Low. Close. January 10.01 9.89 9.92 March 10.21 10.08 10.11 May 9.20 9.10 9.12 July 9.36 9.20 9.22 October 9.71 9.58 9.58 December 9.9 b 9.78 9.79 CHICAGO High. Low. dose. January 10.08 10.01 10.01 May 9.20 JulT 9.43 9.22 9.30 October 9.82 9.88 9.69 December 10.00 9.81 9.89 NEW TORK COFFEE RANGE —May 22 Hlgh. Low. Close. March ,* 5.99 5.94 5 99 July 5.80 5.68 5.80 September 5.94 5.79 5.94 December 6.00 5.U 6.03

FATHER SLAYS TWO CHILDREN, WOUNDS WIFE Easterner Tries Suicide After Attacks; Woman May Die. By United Press DRACUL, Mass., May 23.—Armed with a claw hammer, Leroy Skillings, 55, in what police described as a jealous rage, attacked all members of his family early today, killing two children, probably mortally wounding his wife and then attempting suicide with a razor. The dead: Leroy B. Skillings, 10; Catharine Skillings, 6. Both died at St. Joseph’s hospital at Lowell, of skull fractures. Mrs. Nellie Skillings, 55, mother of the slain children, was reported near death at the same institution, where her husband also was under treatment for slashed wrists. Skillings was expected to recover ASBESTOS HEIR WEDSJBEAUTY T. F. Manville Jr. Marries Stage Divorcee. By United Press NEW YORK, May 23.—Thomas Franklin Manville Jr., principal heir to the fortune made in asbestos roofing, was married at city hall Thursday to Avonne Taylor, once described by Florenz Ziegfeld as ‘‘the most beautiful girl I ever glorified.” Each of them has been married twice before. Manville, when 17 years old, eloped with Florence Muber, a chorus girl, but divorced her after his father cut off his allowance. Later he man.ed Lois Arline McCoin, his father’s stenographer, and she divorced him in 1926. Miss Taylor said today she “could not remember” the name of her first husband, who divorced her. In 1925 she married Louis Cress, musical comedy director, and divorced him three years later. Manville gave his age as 37 and Miss Taylor as 32.

In the Stock Market

(By Thomson & McKinnon) NEW YORK, May 22.—Opinions expressed at the meeting of the Steel Institute commanded the principal attention today. The market apparently took its cue from the discussions pertaining to the problems of the steel industry. When President Farrell’s frank remarks about the unsatisfactory price situation in the industry were published, the market quickly lost what little enthusiasm it had worked up earlier due to the favorable overnight developments. Declaration of the regular case dividend and the move on the part of the railroads to secure higher freight rates made for the better feeling at the outset. Sentiment in the market however, continues very sensitive. It blows hot and cold on slight provocation. At the current level of stocks there appears to be a difference of opinion even in the ranks of that element heretofore aggressively bearish. There is a feeling that urgent liquidation has apparently run its course. In any event, such may logically be the case until such time as something definite can be ascertained as to what course business will pursue after the summer dullness is out of the way. While the subsidence of pressure is consoling, it does not imply that the situation holds incentive for sustained strength.

Local Wagon Wheat

City grain elevators are paying 65c for No. 1 red wheat and 64c for No. 1 hard wheat. Chicago Grain Table —May 22 WHEAT— Prey. Open. High. Low. Close, close. May (old). New. .85'/, .88 .85% .86 .86 July 59% .60% .59% .80% .59% Sept 59% .60% .58% .60 .59% Dec 62% .63% .62% .63% .52% CORN— May (old). .56 .56% .55% .56% .56% New. .56 .56% .55% .56% .56% July 56% .57 .55% .56% .56% Sept 54% .55 .54% .54% .54% Dec 48V, .48% .47*% .48% .48% OATS— May (old). .27% .28% .27% .28% 27% July 27% .27% .27% .37% .37% Sept 27% .27% .27% .27% .27% Dec 29% .29% .29% .29% .29% RYE— May (new) 37% .37% July 38% .39 .38% .39 .38% Sept. 38% .39 .38% .39 .38% Dec 41% .42% .41% .43% .41% LARDMay 7.55 7.70 July 7.75 7.75 7.60 7.60 7.77 Sept. ... 7.85 7.85 7.70 7.72 7.90 Oct 7.77 7.77 7.65 7.67 7.85 BELLIES— Mav 8.35 8.37 July 8.35 8.40 8.15 8.40 8.47 By Timet Special CHICAGO. May 22—fcarlots—Wheat. 87; corn. 37: oats. 17: rye. 1. and barley, 4. •-..5 IVB.. .s eoJfcm&fl, —j BHRDLU U LoD

Bright Spots of Business

New car registration in thirtythree states in April was 167,576, against 129,963 in April, 1930. April building permits in 340 cities were 6.2 per cent more than March. April cotton spindle activity at 94.3 per cent of capacity, against 91.2 per cent in March. S. R. Dresser Manufacturing Increases profits in first four months of 1931. Philadelphia Company declares usual extra dividend, in addition to regular. Budd Wheel Company declares extra dividend of 75 cents a share on preferred stock.

Cash Grain

—May 22 The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b., stiippoing point, basis 41%c New York Rate, were: Wheat—Firm; No. 1 red. 72@74c: No. 2 red. 71®72c: No. 2 hard. 72@74c. Corn—Firm; No. 2 white. 50%@52c: No. 3 white. 49@50%c; No. 2 yellow. 50@51c; No. 3 yellow. 49@50c: No. 2 mixed. 48® 49c; No. 3 mixed. 47® 48c. Oats —Strong; No. 2 white. 26@27c; No. 5- white. 25® 26c. Hay—Steady; (F. o. b. country points taking 23%c or less rates to Cincinnati or Louisville.) No. 1 timothy. $14®J4.50; No. 2 timothy. $13013.50; No. 3 timothy. sl2 @l3; No. 1 light clover mixed. sl4® 14.50; No. 1 clover mixed. $14.50@15; No. 1 clover hay. [email protected]. —lnspections Wheat—No. 1 red. 5 cars. Total. 5 cars. Com—(New) No. 2 white. 2 cars; No. 2 yellow. 8 cars; No. 3 yellow, 9 cars - No. 4 yellow. 3 cars; No. 2 mixed. 1 car. Total, 23 cars. Oats—No. 2 white. 9 cars; No. 3 white. 1 car: No. 4 white. 1 car; No. 2 mixed feed. 1 car. Total. 12 cars. By Times Special CHICAGO, May 22.—Prlmanr receipts: Wheat, 1,172.000. against 1,242,000; corn 240,000, against 570.000; oats 209.000. against 404,000. Shipments: Wheat 1,136.000 against 836.000: com 344.000. against 459,000. Oats—36o,ooo. against 555,00 p. By United Press CHICAGO, May 22.—Cash grain close: Wheat—No. 1 red. 83'A083%c; No. 1 hard, 8314083 Vic; No. 2 hard, 83‘/4@83%c: No. 2 yellow hard. 83c; No. 1 northern, 83'/*c. Corn—No. 2 mixed. 56c; No. 1 yellow, 57c; No. 2 yellow, 57@57%c; No. 2 white. 57c. Oats —No. 2 white, 28%029c; No. 3 white, 27V4@28%c; No. 4 white, 27c; sample frade. 26c. Rye—No. 4. 36c. Barley—--7®}6lc. Timothy—sß[email protected]. Clover—--510.25017.25. TOLEDO, 0., May 22.—Close—Grain on track. 28 %c rate: Wheat—No. 2 red. 73%@74%c; No. 1 red. lc premium. Corn —No. 2 yellow, 570 58c; No. 3 yellow, 55%@56%c. Oats—No. 2 white, 30@31c; No. 3 white. 29@30c. Clover —Domestic prime old, $13.75: prime new. sl4; prime choice new. $14.25; prime choice old, sl4; Oct., $14.25; Dec., $14.50. Alsyke—Cash, sl4. Butter —Fancy crea? ery, 26027 c. Eggs—Country run, 16@17c. Hay—Timothy, $1.25 cwt. INDIANA FACES TRUCK WAR WITH MAINE Mayr Issues Ultimatum to Halt Vehicles at State Boundaries. Altercation of Frank Mayr Jr., secretary of state, with other states over the impounding of trucks not carrying licenses of the latter states, moved up the Atlantic seaboard to Maine Friday. This week, Mayr worked out a reciprocal agreement with the state of Georgia. Today Mayr was informed that an Indiana truck is being held by Maine authorities and he issued an ultimatum that Maine vehicles, not carrying Indiana plates, will be halted in the boundaries of Indiana. Indiana Woman Hurt By United Press ROSICLARE, 111., May 23.—Three persons were injured when an automobile in which they were riding collided with another car on a highway near here. Mrs. C. G. Baker, Elizabethtown, suffered a broken leg. Her husband sustained internal injuries and their daughter, Mrs. L. T. Crane, Evansville, Ind., was cut and bruised. Legal Notices NOTICE TO BIDDERS Notice is hereby given that the Town of Speedway. Marion County. Indiana will receive sealed bids or proposals until 2:00 P. M. of the 3rd day of June. 1931, at the regular meeting place *>’. the Board of Trustees in the Bank. Speedway. Indiana, on each of the following divisions of material and equipment. etc.; Division A. 150,000 gallon Elevated Bteel Tank erected on foundations. Division B. Concrete Tank Foundation, approximately 90 cubic yards. Division C. Pumping Equipment, either a 500 G. P. M. direct connected Centrifugal Pump or a 500 G. P. M. Electric Deep Well Turbine both automatic control equipment. t Division D. Pumping Station—l4*xl6’ Inside measurements, brick structure with poured concrete pit 6' deep. Division E. Approximately 2.000' of 10", 8" and 6" Cast Iron Pipe and fittings, 1-10" and 7-6" Gate Valves with Valve Boxes. Plans and specifications with proposal blanks for each division are on nle with the Town Clerk of Speedway, Indiana. Each bidder must file with his bid, a certified check or bidders bond made payable to O. R. Mann, Clerk-Treasurer of the Town of Speedway for the amount of five per cent of the total sum of his bid. as a guarantee that the contract will be accepted by him and that he will execute a bond for the total amount of his bid. Insuring faithful completion of the work or material according to the plans, specifications and contract. The bond to meet the approval of the Board of Trustees of the Town of Speedway. The checks or bonds of unsuccessful bidders will be returned to them within fifteen days after bids are received. Payment for the above work and materials will be made la cash at the rate of 85% of the estimate of completed work for the month by the 15th of the following month. Each bidder shall enclose with his bid a non-collusion affidavit and bidders, on the Elevated Tank shall also enclose Financial Statement as required by law. The right is reserved to reject any or all bids. TOWN OF SPEEDWAY. INDIANA, By its Board of Trustees A. V. BEELER. J. a LEONARD, WM. F. RO6NER. Attest, O. R MANN. Clerk.

MAY 23, 1931

WEATHER NEWS 6IVES FUTURES STRONGER TONE Shorts in Wheat Cover on Frost Reports From Kansas. BY HAROLD E. RAINVILLE United Press Stsff Correspondent CHICAGO, May 22.—Wheat was unsettled on the Board of Trade today rallying sharply to close with good rains on short covering when Winnipeg made an abrupt recovery. The northern market did not hold its gains, but held around the previous close. After shorts had bought wheat early on the frost reports from Kansas, there was a reaction on the weakness in corn, the latter grain sinking to new lows for all months except May. Persistent local selling dropped corn into new ground and while there was a strong rally at the last, the market did not fully regain its losses, except for December. Oats were dull, but resisted pressure and acted somewhat Independent to close firm. Wheat Closes Up At the close wheat was % to cent higher with May % cent lower; corn was % cent lower to % cent higher, and oats were unchanged to % cent higher. Provisions were around 15 points lower. Liverpool was weak, largely on selling in the way of evening up for the two-day holiday, and closed % to % cent lower. Canadian rain reports still emphasize the lack of moisture and the lightness of the recent rains. Both sections of the northwest were without precipitation Thursday night. Cash prices were unchanged to % cent higher. Receipts were 107 cars. Undertone >ls HeavyCorn was off fractionally at the start. The cold weather in the southwest was against field work and growth, but conditions in the main corn belt were favorable and the market eased despite the steadiness in wheat. Prices were off % to % cent at mid-session. The undertone was heavy but trading quiet. Cash prices were % to 1% cents lower. Receipts were 61 cars. Death Notices CLARK, CHAUNCEY H.—Age 65 years, beloved husband of Mrs. Mary Clark passed away at his residence, 3504 E. Fall Creek Blva. Funeral services at the PLANNER & BUCHANAN MORTUARY, Saturday, 2 p. m Friends invited. Burial Crown Hill. FINNEY, MARY ANN—Widow of H. c' Finney, mother of J. P.. D. H., and F. E. Finney (deceased, and Mrs. Fred B. Willis, Miss Mabel Finney, and W. A. Finney, departed this life Wednesday. May 20, age 85 years. Funeral Saturday, May 23. at the residence of her son, 1724 Broadway, 2 p. m. Friends may call at 954 Indiana Ave. until 4:30 p. m. Friday, and at 1724 Broadway after 6 p. m. Friday. Burial Crown Hill cemetery. Friends invited. Funeral under the direction of MOORE it KIRK. GAUSEPOHL, E. J.—Residing at 2363 Broadway, passed away Wednesday afternoon. Funeral services Saturday at 10 a. m. at the Scottish Rite Cathedral. Friends invited. HAWKINS. ELVlNA—Beloved mother of Frank Hawkins of Cleveland. 0., and grandmother of La Von E. Miller of this sity and Mrs. Lola I. Dickson of Dayton, 0., passed away at the residence, 1007 Parker ave., Wednesday, May 20. Funeral services will be held at the East 10th M. E. church, corner Keystone ave. and 10th st., Saturday afternoon. May 23, at 2 o’clock. Remains will be in state at the church Saturday from 1 to 2 p. m. Burial Crown Hill cemetery. Friends invited. Friends may call at the WALD FUNERAL PARLORS. 1619 N. Illinois until noon Saturday. CULMANN. DANIEL—Age 45. beloved brother of George J. Culmann. Mrs. Carl Lehman and Mrs. Charles Muesing. passed away Wednesday. 7:15 a. m.. at the home of his brother. 1814 Orleans St. Funeral Saturday. 2:30 p. m.. at the above address. Friends Invited. Burial Crown Hill. G. H. HERRMANN in charge. Friends may call after noon Thursday. HOFFMARK. GESlNE—Beloved mother of George W. and John H. HofTmark. and Mrs. Mary Heger. Mrs. Dorothea Hinton and Mrs. Sophia Cadwallader. all of this city, and Gustav A. HofTmark of New Orleans. Louisiana. passed away Wednesday. May 20, age 73 years. Funeral services will b“ held at the residence, 1809 Orleans St.. Saturday afternon. Mav 23. at 1:30 o’clock, and at the St. John's Evangelical church, corner Leonard and Sanders Sts., at 2 o’clock. Burial Crown Hill cemetery. Friends lnvlted. WALD FUNERAL DIRECTORS. _ LONG. THOMAS W.—Son of Thomas FT and Lena Long (nee Hauser). Brother of Mary. Margaret. Albert, James. John and Charlotte Long. Died Wednesday. May 20. Funeral from the residence. 9f2 N. Pershing Ave.. Saturday. May 23. at 8:30 a. m.; services at St. Anthony's church at 9 a. n). Friends Invited. OTT, WILLIAM ALBERT—Beloved darling son of Mr. and Mrs. William Ott, passed away Wednesday. Mav 20. age 6 years. Funeral from the late residence. 1428 Lexington Ave.. Saturday. May 23, 8:30 a. m.. followed by services St. Patrick’s church 9 a. m. Interment St. Joseph’s cemetery. Friends invited. WHYBROW. SAMUEL E.—Husband of Laura Whybrow and father of Job W. Whybrow, passed awav Thursday, May 21. at his residence. 535 Middle drive. Woodruff Place. Funeral services at FINN BROS. FUNERAL HOME, 1639 N. Meridian. Monday, May 25. at 9 a. m. Burial at Raub. Ind. Friends invited. In Memoriam Notices ROSS—In loving remembrance of mv dear father and son. JOHN T. ROSS, who departed this life. Mav 22. 1930. Somewhere back of the sunset. Where loveliness never dies. He lives in the land of glory. Mid the blue and the gold of the skies Sadly missed by MOTHER and DAUGHTER, Funeral Directors W. T. BLASENGYM ~ Mala office. 2220 Shelby st Drcxcl 2570, UNDERTAKERS ’ HISEY it TITUS 931 N. Delaware. Ll. 3321. "i REAL HOME FOR SERVICE.” ' RAGSDALE it PRICE LI- 3608. 12I_9_N. Aiapama. J. C. WILSON funeral parlors, ambulance service and modern automotive eoulpment. Dr. 0321 and Dr. 0322. W4L D. BEANBLOSSOM Mortuary. Phone Be. 1588 1321 W. Ray 8tGeorge Grmsteiner Funersj director. 523 E. Market Riley 5374. IF YOU DON’T FIND what you are looking for in the want ads today, it mav be advertised here tomorrow. Read Time* Classified ads daily. Personals DETECTIVES—Private. 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