Indianapolis Times, Volume 43, Number 16, Indianapolis, Marion County, 29 May 1931 — Page 13
MAT 29, 1931.
STOCK SHARES UNSETTLED AS RAILS DECLINE Early Short Covering Is Responsible for Upturn.
Average Stock Prices
Averse* of thirty Industrials for Thursday was 181 81. uo 1-05. Average of twenty rails was 74 55. off .19. Average of twenty utilities was 53.40 uo .58. Average of forty bonds was 95.03. off .14. BY ELMER C. WALZER United Press Financial Editor NEW YORK, May 29.—Stocks turned lregular again in the second hour today following a break in railroad chares and weakness in special isues. Earlier the list moved ahead under the leadership of United States Steel, which rose to 93% from the previous close. Much of the early buying was short covering in advance of the two-day shutdown ahead. Some betterment in sentiment was discernible as a result of the action of the Austrian parliament in passing a bill providing for government guarantee of loans to aid the CfreditAnstalt. Rails Show Losses The effects of these factors soon wore off when adverse reports on railroad earnings came to light. Roads reporting so far for April had net operating income 37 per cent under April, 1930. Losses In the carrier group ranged to nearly 3 points. New York Central made anew low since 1922 at 79%, off 2%, while record lows were made by Chesapeake & Ohio, Chesapeake Corporation and Alleghany Corporation, with losses ranging to more than a point. St. Louis-San Francisco broke below 12 for the first time in more than ten years. Atchison was down nearly 3 points at 144%. Steel Comes Back Around noon Steel common was back to 92, up 1; American Can, 96%, unchanged; Case, 67%, up 1%, and General Electric, 39%, up %. Earlier in the day these issues had been up 1 to 3 points. Goodyear Tire and Rubber was very weak, breaking to 34%, off 1% points from the previous close. National Cash Register, Borden and a few other special issues dropped to new lows for the bear market. Auburn Auto dipped to 160, off 9% points net. Utilities held small parts of early gains.
Bank Clearings
INDIANAPOLIS STATEMENT —May 29 Clearings $ 2,407,000.00 Debits 6,222,000.00 Clearings for week 12,403,000.00 Debits lor wees 28,716,000.00 Clearings for month 77,614,000.00 Debits for month 168,032,000.00 CHICAGO —May 29 Clearings $71,200,000.00 Balances 8,100,000.00 TREASURY STATEMENT —May 29 — Net balance for May 27 $83,216,665.78 Expenditures 6,726,531.17 Customs rects. mo. to date.. 25,318.279.04
New York Curb Market
(Bv Thomson Ac McKinnon) —Mav 29 — Close.] Close. Am Com Pwr.. H%jMldw Ut... 16% Am Gas At El.. 51*/ai Mo Kan Pipe.. 4% Ark Gas 3%i Mt Prod 3% Erazll P As Lt.. 13V*; Nat Pub Serv A 17% Can Marc .... 2%: Newm Min 26% Cities Serv ... 10%lNia Hud Pwr... 9% Cons Gas 84% Penroan ........ 5% Cord B%iPnn As Whtly.. 1% Crocker Ac Wh.. 8%! Sr It Creek ... 4% Durant Mot... 1% Stl Indus 2.4 Elec Bond Sh. 31% Shenandoah .... 5 Ford of Can 15V* Std of Ind 21% Ford of Eng... 11% Std of Kv 16% Goldman Sachs ss*5 s * Std of 0hi0.... 41 Gulf Oil 41% Air Trans 6 Hudson Bay 3% Un Gas (new 1.. 5% Humble Oil ... 51% Un Lt As Pwr.. 19% Insull Ut 30 Un Verde 5% Int Super 20V* 1 Ut As Indus 5% Int Pete 9%'Ut Power .... 8 Idon Oil 3%i Vacuum Oil
Investment Trust Shares
(Bv Gibson As Bernard) PRICES ARE TO 12 NOON C. S. T. —May 29 . , Bid. Ask. Amer Founder's Corp Com.. 2% 2% Am & Gen Sec “A" 13 . . Am Inv Trust Shares 4% a Basic Industry Shares 4% 5% Cumulative Tr Sh 5% 6% Corporate Trust Shares 4% 5 Diversified Trustee Shares A 14 First American Corp . 6% 7% Fixed Trust Oil Shares 3% 4j Fixed Trusi Shares A 12% Inv Trust n Y 7 Leaders of Industry Series A 6% ... Nation Wide Securities 5% S-s National Industry Shares ... 5 5 2 N Am Trust Shares 4% 5% Sel Am Shares . 4% 4% Shawmut Bank Inv Trust .. 8 10 UnlversrJ Trust Shares 4% 5% Super Corp of Am Trust Sh A 5% 5% Fundamental Tr Sh A 5% 6% Fundamental Tr Sh B 6% 6% U S Elec Ac Pwr A 28% 30%
New York Bank Stocks
(Bv Thomson & McKinnon! . • —May 29Bid. Ask America 42 45 Bankers 88 3 , 92 s i Brooklyn Trust 395 405 Centra! Hanover 207 212 Chase National 67 70 Chatham Phoenix National 55 58 Chemical 38 40 Cltv National 71'. 74' Corn Exchange 89 93 Commercial 242 232 Continental 16 ! i 19'* Empire 41 43 First National 3.260 3.460 Guaranty 411 416 Irving 29'. 31'i Manhattan St Cos • 6< 1 a 70’a Manufacturers 333.9 3 . 41^ New York Trust 136 141 Public 45' t 48’* New York Liberty Bonds —Mav 28— 3U 102.16 Ist 4Us 1 ]03.10 lth 4Vis 9 104.23 Treasury 4 l is J 13.22 Treasury 4s 109.3 Treasury S 3 -** }oi.2 Treasury 3Ss of ’47 103.4 T'easurv 3 3 S of ’43 (March! 102.23 RAW SI’GAB "’RICES —May 28— High. Low. Close. anuarv 1 34 1.28 1.34 March 1.40 1.33 1.40 lav 1.47 1.33 1 *7 'ulv 116 1.07 1.15 ieptember . 1.24 1.16 1.24 December 1.53 1.26 1.32 NEW YORK COFFEE RANGE Hich. Low. Close. March 6.06 6.01 6.01 Mav 6.U 6.04 6.04 Tulv 5.80 5.75 5.75 September 5 95 5.89 5.91 December 6.01 5.99 5.99 JURY AWARDS SII,OOO IN LIP INJURY DEATH Soft Result of Infection From Megaphone at Fair. Death from an Infection following --’tJp injury by a megaphone at a county fair was accidental, a jury in superior court one decided Thursday night, awarding SII,OOO insurance to Mrs. Martha Dunn of Franklin, widow of, the late Gordon Dunn. At tha Franklin county fair in 1929 Dunn hurt his lip with the megaphone and died within a month. Buit was against the Indiana Traveler'§ Insurance Company.
New York Stocks — 111 ' r Bv Thomson Si McKinnon
—May 29 _ Prev. Railroad*— High. Low. Cote, cloeAtcnison 100 143 1461* 1*2% Atl Coast Line.. 86% 85 85 88 Balt Sc 0hi0... M% 49 50 54% Chesa Ac Ohio. 33% 29% 30 33% Chesa Corp . .. 33% 29 29 % 33% Chi Qrt West „ 4% 4% Chi N West 30 28% 28% 30 CRI it P 28 23V* 2o 28\ Del L & W 55% 53 53 55 Del Ac Hudson...l2l 116% 116% 122 Erse 16% 15 15 15% Great Northern.. 49% 46% 46% 48% Illinois Central.. 50 47-2 47% 50 Lou At Nash..., 69% 66% 66% ... M K Ac T 12 11% 11% 11% Mo Pacific 18% 13% 18% 18% N Y Central.... 85 77% 77% 81% NY NH Ac H.... 68% 65 6a 68% Nor Pacific..... 34% 33 33 33% Norfolk dt West 158 156 157% 163 Pere Mara 35 Pennsylvania .. 47 44% 44% 46 Heading ..\ .. .... ••• 64 So Pacific 75% 72% 72% 75% Southern Ry.... 32% 29 29% 31 8t Paul 4% 4 4% 4% St Paul pfd 6% BVa 6% 6% St LAc S F.... 13% 11% 11% 14 Union Pacific ...152% 148 150 1521% Wabash , ... 9 W Maryland .... 10% 10 10 10% Equipments— Am Car At Fdv.. .. ... 17% ... Am Locomotive ... 15% Am Steel Pd.... 13 12% 12% 13 Am Airbrake S. 27 26 2 7 Gen Am Tank.. 57% o 6 56 57 General Eiec .... 40% 38% 38% Gen Ry Signal.. 50% 50% 50% 52 Lima Loco 23 N Y Airbrake 13V* ... Press Stl Car.... 2% 2% 2% 3 Pullman 34 30% 31% 33 Westingh Airb 22 22 V* Westmgh Elec .. 61% 58% 59% 60V* Rubber*— Firestone 16% Goodrich 9% 9% 9% g% Goodyear 37 33% 33% 36 Kelly Spgfld 1% 1% Lee Rubber _ ... ... 3 U S Rubber .... 11% 10% 10% 11% Motors— Auburn 173 V* 152 157% 169% Chrysler 17V* 16 16 16% Gardner % Graham Paige 4 4% General Motors.. 36% 34 34 35% Hudson 13V* 12% • 12% 13 Hupp 7 6% 6% 6% Mack 24 22% 22% 24% Marmon 4% 3% 3% 4 Nash 25% 23% 24V* 24% Packard 6% 6% 6% 6% Reo 6 6 Studebaker 17% 16 16 17 1 /* Yellow Truck .. 6% 6% 6% 6-,a Motor Access— Am Bosch n% n% Bendix Aviation. 17 15% 15% 15% Borg Warner .. 17% 16% 16% 16% Briggs 10% 8% 9% 10% Rudd Wheel BVa 7% 8 7% Eaton 11 % 11% 11% 11% El Storage B ... 55% 52% 52% 56 Hayes Body 33 Houda 5% 5% 5% ... Motor Wheel io% Sparks W 6% 6% 6% 6% Stewart Warner. 9% 8% 9 9% Timkin Roll .... 38% 35% 37% 39% Mining Am Metals 10% 10 10% 10 Am Smelt 29% 27% 27% 29% Am Zinc 4 Anaconda Cop.. 24 22% 22% 23% Cal Ac Hecla .... 6% 5 * 5% 6 Cal Ac Ariz 27 27% Cerro de Pasco .. .. 153/. 155/. Dome Mines 11% ii% 11% 11% Freeport Texas. 25% 25 25% 25% Granby Corp ... 11% n 11 11% Great Nor Ore. 20% 20% 20% 20% Howe Sound ... 16% 16 16 17 Int Nickel 10% 10 10% 10% Inspiration 6 5% 6 5% Kennecott Cop.. 17% 16% 16% 17% Magma Cop ~ i4 Miami Copper 5 5 Nev Cons 7% 7% 7% 7% Texas Gui Sul.. 36 35% 35% 35% V S Smelt 15V* 15 15 15 Oils— Amerada 16% 16% 16% 16% Am Republic . e Atl Refining ... 13 12% 12% 13 Barnsdall 6% 6% o% < Beacon a% 8 Vi Houston 7 6% 6=4 li'a Indian Refining . 2% Ohio Oil 7% 7% 7% 7% Mex Sbd 12% 11% 11 % 12% Mid Conti 7% 7 7% 7% Pan-Amer B 25 Phillips 5% 5% 5% 5% Pr Oil Ac Gas .. 8% 8% 8% 8% Pure Oil 5% 5% Richfield 1% 1% 1% 114 Royal Dutch ... 27% 27% 27% 27% Shell Un 5 4% 5 5 Simms Pt 5% Sinclair 7% 7% 7% 8 Skelly ... 4% 4>/ 8 Standard of Cal 34% 33% 34 34V* Standard of N J 33% 33 33 33% Standard of N Y 15% 15% 15% 15% Texas Cos 20 19 % 19% 20 Union Oil 16% 16V4 16% 16% Steels— Am Roll Mills .. 17% 16% 10% 16% Bethlehem ... . 42% 39% 403% 41(4 Byers A M 29% 26% 27V* 28 Cruc Steel 33 32Vi 33% 34 Inland 42 Vi 42 42 41 Lu£lum ........ 10 9Vi 9% 9% Midland 16 Newton , 7% . 714 7% 7% Repub I&S .. 12% 11% 11% 11% U S Steel 93% 89% 91 91 Vanadium 28% 26% 26% 26% Youngst S <sr W 15% 14% 14% Tobaccos—
Am Sumatra .. 71/, Am Tob A New. 107 103% ioi 106 Am Tob B New.in’* 107 107% 110V* Con Cigars 31% 31 3l' 32 Genera! Cigar 34 Lig & Myers B. 70% 67V 67% 69% Lorillard .... 15 13% 13% 13% Phil Morris 10 9% Reynolds Tob .. 43% 47% 47% 46-c Std Com Tob .. 2% Tob Pr (At— n% u% n% ;;; Tob Pr (B) 2% United Cig 5 ' %./ 5 8 Utilities— Abitibi 4 31/2 4 Adams Exp 12% 11% 12 i2% Am For Pwr.... 26% 23% 23% 26% Am Pwr & LI.. 37% 36 36 37 A 1 Ac T... 169% 164 164% 167% Col Gas &El 25% 24 25 24 Com & Sou 7% 7% 71,2 7 V. El Pwr & Li..... 36% 32% 33% 35' = Gen Gas (A).... 4% 4% 4% 4% Inti TAc T 25% 24 24% 24% Natl Pwr & Li.. 23% 21% 21% 23 No Amer Cos 65% 62% 63% 64 Pac Gas Ac El.. 42% 41% 42 41% Pub Ser NJ. ... 79% 75% 76% 77 So Cal Edison.. 42V* 41% 41% 42% Stag* E 1.... 61% 58% 58% 59% Uinted Corp 20 % 19% 19% 19% Ut Pwr & L A.. 22% 21% 22 22% West Union ....102% 99% 99% 100% Shipping— Am Inti Corp.... 12% 11% 11% 12% Atl Gulf Ac W I 18% Inti Mer M pfd .. 9 % United Fruit 54 53 54 53% Foods Am Sugar *6% 45% 45% 45% Armour A 1% 1% 1% i*/. Beechnut Pkg .. 48 46% 46% Cal Pkg 23 22 22 23 Can Dry 39% 39 39 39 Childs Cos IS% 18 18% 13 Coca Cola UOV2 138 138 139% Cont Baking A.. 11% 10% 10% 10% Corn Prod 60 56% 57% 59V* Crm Wheat ... 27% 27% Cudahy Pkg 29 38% Cuban Am Sug. ... 2% 2%
Produce Markets
Eggs (country run)—Loss off delivered in Indianapolis, 15cl henerv Quality, No. 1, 15c: No. 2. 12c. Poultry (buying prices)—Hens weighing 5 lbs. or over. 17c; under 5 lbs., 15c; Leghorn hens. 15c: 1930 broilers, full feathered. 1% lbs. and up. 25c: under 1% lbs.. 22c: bareback. 16c; Leghorn broilers, 20c; ducks. 9c; old cocks, B@9c; ducks, full feathered, fat whites. 9c: geese. 6c. These prices are for No 1 top aualitv. quoted bv Kingan & Cos. Butter (wholesale)—No. 1 26027 c; No 2 24 0 25c. Butterfat—2lc. Cheese (wholesale selling price per pound)—American loaf. 22c: pimento loaf. 32c: Wisconsin firsts. 19c: Longhorns. 16c; New York limebrger. 30c By United Press By United Press New York. Mav 29.—Potatoes—Market, firm and higher; southern. 52.25®4.25 barrel: Maine. $3.1002.65 oarrei; Bermuda. $8: Canada, $1.2501.40 barrel. Sweet potatoes—Market, easy; Jersey baskets. $1.25 @3.40. Flour—Market, quiet and steadv; spring patents. $4.60a'4.90. Pork—Market. Quiet: mess. 522. Lard—Market easier; middiewest spot. .0750®.0760c. Tallow— Market, quiet; special to extra. 03%® ,03%c. Dressed poultry—Market, steady to firm: turkeva. 250 44c: chickens. 25® 38c: broilers. 27£45c: fowls. 12@23c; Long Island ducks. 16©19e. Live poultry—Market steadv to firm; geese. 9®l2e: ducks. 13® *4c: fowls. 19® 25c: turkevs. 15@30c; roosters. 12013 c; broilers. 20035 c. Cheese —Market, less active: state whole milk, fancy to special. 12023 c: young America. 13%5T9%e. By United Press CINCINNATI. 0., May 29.—Butter, steady; creamery in tub lots according so score 20® 22c; common score discounted 2®3c; packing stock No. 1 18c: No. 2. 12c; No. 3,8 c; butter fat. I*ol9c. Eggs—Weak, cases included: extra .. ts. 16%c; firsts, 15c; seconds. 14%c; nearby ungraded. 16e. Live poultry—Thin and coarse stock sells only at heavy discount; fowls. 5 lbs. and over. 19c; 4 lbs. and over. 19%c; 3 lbs. and ovsr 19%c; Leghorns. 3 lbs. and over. He: roosters, 10%-c; broilers, colored. 1 lb. and over. 24e; 1% lbs. and over. C4c; 2 lbs. and over. 28c; partly feathered, 15 520 c; Leghorn broilers, i lb. and over. 20c: black springers. 20c; 1% lbs. and over 24c; 2 lbs. and over, 24c. By United Press CHICAGO, May 29. — Eggs—Market, easv; receipts. 27.254 cases: extra firsts, 18c; firsts, 17c; current receipts, 15016 c; seconds. 14%c. Butter—Market, firm: rectips. 14.312 tubs; extras. 23%c: extra firsts. 22%@23%e: firsts. 21®22c; seconds, 19®20c; standards. 24c. Poultry—Market, steady: receipts, no cars in, 5 due; fowls. 18%@22c; springers. 26c; Leghorns 17c; ducks. 16c; geese, I*J: turkevs. 20® 23c; roosters, 12c; broilers. 2 lbs., 28c; broilers, under 2 lbs.. 24c; Leghorn broilers. 23c. Cheese—Twins 114 ® ll%c; young Americas. 12® 12%c. Potatoes—On track. 145; arrival . 100: shipments. 1.065; market, slightly weaker; Alabama and Louisiana Bliss Triumphs. $1.6501.75: Texas Triumphs. $1.5501.70; Idaho Russets. $1.50 ®1.55. By United Press CLEVELAND. Mav 29.-Butter—Extras 27%c; standards. 28c. Eggs— Extras, 17c; firsts, 16c. fpultry—Heavy fowls, 23c; medium, 23c: Leghorn fowls. 17c; heavy broilers. 25532 e; Leghorn broilers 20026 c; ducks. 15®22c; old cocks. 12c; geese. 10® 15c. Potatoes—Maine Green Mountain, mostly $2 120-lb. sack; 51.35 100-lb. sacks; Itjpiio Russets, mostly 55c 25-lb sack.
Oen Foods 48% 41% 44 48 Orand union 15% 15% Hershey 92 88 88 90% Jewel Tea 40% 4040 40 Kroger 28 28 28% 27% Nat Biscuit 65% 60% 62% 64% Pillsbury . .. . . 28 Purity Bak 29% 28 28% 28% Safeway St 49 48% 48% 48% Std Brands .... 18% 15% 15% 16% Drur*— Coty Inc 8% 7% 7% 8% Lambert Cos ... 66% 63% 63% 64% Lehn Sc Fink 241* 24% Industrial*— Am Radiator .. 12% 11 % 11% 12% Bush Term .. ... 20% 19% Certainteed 3% ... Gen Asphalt ... 19% 19 19 19 Lehigh Port 10 10% Otts Elev 36 35 35 35% Indus Chems— Aliied Chem 109 104% 105 106% Com Soiv 11% 11% 11% 11% Union Carb 48% 45% 49 46% U S Ind A1c0... 29 28Vi 23% 28Va Retail Store*— Assoc Dry Ods 18% Girr.bel Bros 4% 4% 4V4 ... Kresge S S 28% 26% 26% 26% May D Store 30% 29 23% 30% Mont Ward 18% 17% 17\ 18% Pennsy J C 33 32% 32% 33 Schulte Ret St.. 5% 5% 5% 5% Sears Roe 52% 49% 49% 50% Woolworth 68% 65% 66 67% Amusements— Col Graph 7% 7Vi 7% 7% Eastman Kod 134% 128% 129% 131 Fox Film (A).. 15% 14% 15 15 Grigsby Grunow 3% 3% 3% 3% Loews Inc 39% 37% ,38% 38% Param Fam 23% 21% 22% 23% Radio Corp 15% 14% 14% 15 RK O 13% 12 12% 13Vi Schubert 3% 3% Warner Bros 7Vi 6% 6% 7 Miscellaneous— City Ice & Fu 32Vi Congoleum 9% 8% 9 9Vi Amer Can 98'/* 94% 95 96% Cont Can 47% 45% 45% 45% Curtiss Wr 2% 2% 2% 2% Gillette S R.... 27% 22% 23% 25% Real Silk 13 Un Aircraft 27% 26 26% 26% Int Harv 45% 42% 43% 43%
Dow-Jones Summary
Metro-Goldwyn-Mayer Pictures Corporation. controled by Loew's Inc., twentyeight weeks ended March 13, 1931, net profit $3,535,439 after expenses and federal taxes. For twenty-eight weeks ended March 14, 1930, the company reported net profit of $6,076,322 before federal taxes. t New York cables opened in London at 4.86 15-32 against 4. 80 7-16; Paris checks, 124.30; Amsterdam, 12,097; Italy, 93.945; Berlin. 20.48. International Match Company, 1930 consolidated net income $8.90 a share on combined participating preference and common, against 58.77 on combined stock in 1929. First National Stores year to March 28, net income $4,479,107 after expenses and charges, against $4,773,446 in previous year. Canadian Pacific April net after expenses and taxes, $1,607,876, against $1,731,800 in April. 1930. Four months $4,505,750, against $5,572,983. Jersey Central April net operating income $629,599. against $419,383 in April. 1930. Four months $1,766,841, against $1,749,930. Ward Baking Company declared a regular dividend of $1 on preferred stock. Associated Gas and Electric system twelve months to April 30. net after taxes and depreciation $46,963,321, against $46,907,026 year ago. Treasury department accepts bids of $80,013,000 for bill issue. Average price $90,785 equal to interest of 85c on annual basis.
Swift Ac Cos. declared a regular quarterly dividend of 50 cents pavable July 1, of record June 10. Harriman Investors Fund. Inc., declared a quarterly dividend of sl. payable June 1. of record May 29. ..Ann Arbor April net operating income $36,203 against $35.31 in April, 1930. Four montns $86,540. against $141,267. Clinchfleld Railroad April net operating income $130,899, against $161,465 in April. $786 490 FOUr months $608,972. against Nashville Chattanooga & St. Louis April net operating income SIBB,BIB against $281,193 in April. 1930. Four months $446.729. against $891,818. Gulf Mobile & Northern April net operating income $40,434, against $73,066 in April, 1930. Four months $37,201. against $178,701. Shawingan Water Ac Power declared a regular quarterly dividend of 62% cents on common stock, payable July 10, of record June 15. Scovill manufacturing Company declared a regular quarterly dividend of 50 cents payable July 1. of record June 15. J- C- Penny Cos., declared a regular quarterly dividend of 60 cents, on common stock. Duke Power Company declared a ! regular quarterly dividend of $1.35. Payable July 1, of record June 15. Commercial Credit Company declared a regular quarterly dividend of 50 cents on common stock, payable June 30. of recoru June 10.
Indianapolis Stocks
—May 29 Si(l. Ask American Cent Life Ins Cos.. 1,000 . Belt R R Ac Yds Cos com 31 46 Beit RRAc S Yds Cos pfd 65.. 49% 54% ' Bobbs-Merriil Cos 20 27 'Central Ind Pow Cos pfd 75.. 78 83 Circle Theater Cos com 7s 100 Citizens Gas Cos com 10s 22 ‘Citizens Gas Cos pfd 5s .. .. 96 ioi Commonwlth Loan Cos pfd 7s 96% 102 •Commonwealth In Cos Dfd Bs. 100 Hook Drug com 7 Indiana Hotel Cos Claypool c.,105 Ind Hotel Cos pfd 6s 100 Indpls Gas Com 6s 57 ‘6O Indpls Pw Ac Lt Cos pfd 6%5..104% 107 Indpls Pub Wei Ln Assn cm 8s 50 Indp.s Wa Cos pfd 5s ioi Pub Servos Ind 7s 98% ioi Pub Servos Ind 6s 82 87 Metro Loan Cos 8s 101 * Indpls Wa Cos pfd 5s 101 North Ind Pub Ser Cos pfd 5%s 94 '971;. No Indiana Pub Sv Cos pfd 6s. 102% 105 No Indiana Pub Cos 7s 110 E Rauh & Sons Fert Cos pfd 6s 47 Shareholders Invest Cos 8 Ter Haute Tr & Li Cos pfd 6s 81% i" Unic— Title Cos com 3s 15 Van Camp Prod co Ist pfd 7s .. ‘93 Van Camp Prod Cos 2d pfd 8s .. 93 Backstay Welt Cos com 14 15 Ind Pipe Line Cos 11 15 Link Belt com 25% 26 Machine Cos com.. 15 17 Noblitt Sparks Industrial Inc. 32 36 Perfect Circle Cos com 27% 28% Real Silk Hosiery Mills Inc Cos 13 14 Oil Cos (Indiana) 21% 22% Ross Gear on on * Natl Tile 4./, 5 J R. -^ ai ? s Manufacturing Cos 20% 22 Exaiviaena. BONDS Belt RR * S*k Yds Cos 4s . 92 d ASk ‘ Cent Ind Gas Cos 5s 99 Cent Ind Power Cos 6s lho Citizens Gas Cos 5s 99 Citizens Street Railroad 'ss' .. 21 K°J T! e TAcT of Ft. Wavne 6s. 102 & Light Cos 5s .... 93 96 Indpls Pow Ac L! Cos 5s 103% J R 5 P ! 8 9 as Cos 5s 102 iO4 Indpls Street Rys 4s is Indpls Trac Terminal Cos 55.. 45% Indpls Union Rv 5s 100 indpls Water Cos 5%s '54 .....103% i04% Indpls Wat Cos Ist Hen ref 5s 98 Indpls Water Cos 4%s 96% '98% Indpls Water Wks Sec Cos 55.. 89 Interstate Pub Ser Cos 4%5. 92 Interstate Pub Ser Cos (B) 6%5105 No Ind Pub Serv Cos 5s 103 No Tnd Tsleph Cos 6s 99% 106
Other Livestock By United Press TOLEDO. May 29.—Hoes—Receipts. 150; market, steady at Thursday's best prices; heavies, $5.2555 5.50: mediums. 85.75556; vorkers. $6556 10; pies. $5.75(56. CattleReceipts. light; market, slow; calves, receipts, light; market, slow. Sheep—Receipts, lignt; market, slow. By United Press 1 ££ rrSßt ?'' £ -’ H ' Jl4v 29.—Hogs—Receipts. 2 200: market strong to 10c higher: 140210 lb*.. *6.45®6.60; 220-250 lbs. *636.30; 250-300 lbs.. *5 75 56; 100-140 lbs.. *6.25(3 $4.50(54. (5. Cattle—Rec ipts. none; market nominal. Calves—Receipts. 125; marset steady to 50c higher; Rood and choice vealers mostly $7.50559; common and medium grade. $415 7. Sheep—Receipts. 500; market slow, around steady; desirable spring lambs. $9.50<5.11; shorn lambs, *6.50 58. By United Press _ CLEVELAND. May 29.—Hogs—Receipts. 70S; holdovers. 325: mostly steady with c.cse or steady to 15c under Thursday’s opening; top. $6.33: on lfo-210-lb. pigs. $6.25 dewn: 220-250 lbs . $6.15; 360-280 lbs. end p,ain lighter weights. $6; around 300 los.. Quoted *5.75; rough sows. $4.75; stags. *•>■so- Cattle—Receipts. 125: l.ttle change but dull except on load or so of medium ot eooo 776-956-lb. steers at *6.5057.10. Calves—Receipts. 100: scattered choice light vealers .*9: steady: little pre-holiday interest in plainer kina: in fact few here, but no action. Sheep — Receipts. 300; principally springers; quality plain; wesk: bulk cull to medium. $6.50(98.50; scattered nearly good to ahoice kinds. slo© 10 SO; few uU dipped #5,
THfcr'TNDIANAPOLIS TIMES
PORKER TRADE ENDS WEEK AT HIOHERJ.EVELS Cattle Trade Steady With Quality Plain; Sheep Unchanged. HOGS May Bulk Early Top Receipt* 23. $6 38# 6.70 $6.75 6,000 25. 6.454$ 6.80 6.80 6.000 26. 6.30 0 6.65 6.65 8.000 27. 6.05® 6.40 6.40 8.000 28. 5 900 6.20 6.20 6.500 29. 5.950 6.30 6.30 4.000 Hogs reversed their trend of the last few days and stood slightly higher tills morning at the Union stockyards, prices ranging 5 to 10 cents up from Thursday’s figures. The bulk, 140 to 300 pounds, sold for $5.95 to $6.30. Receipts were estimated at 4,000; holdovers 338. Cattle were about steady with quality plain. Receipts were 500. Vealers were unchanged, selling at $8 down. Calf receipts numbered 500. Sheep showed no change with spring lambs making the market at $lO down. Chicago hog receipts were 18,000, including 8,000 direct; holdovers 4,000. Opening around 10 cents higher than Thursday’s average. Good to choice hogs weighing 170 to 215 pounds sold at $6.15 to $6.25 Heavyweights from 230 to 250 pounds were bid at $6. Cattle receipts were 2,000. Calves 1.000, and steady. Sheep receipts 10,000, and steady.
HOGS Receipts, 4.000; market, lower. —Light Lights—-(l4o-160) Good and choice....? 6.100 6.20 —Light Weights—-(l6o-180) Good and choice— 6.30 (180-200) Good and choice... 6.250 6.30 —Medium Weights—-(2oo-2201 Good and choice.... 6.200 6.25 (220-250) Medium and g00d... 6.10® 6.15 —Heavy Weights—-(2so-290) Medium and good., 5.950 6.10 (250-290) Medium and good.. 5.750 5.95 —Packing Sows—-(27s-500) Medium and g00d... 4.50@ 5.25 (110-120) Slaughter pigs 6.000 6.10 CATTLE (Slaughter Class) Receipts. 300; market, steady. —Steers— Good and choice $ 6.50® 8.25 Common and medium 5.000 6.50 (1,100-1,500) Good and choice 6.25® 8.00 Medium 5.50® 6.25 Heifers—-(soo-850) Good and choice 6.000 8.00 Common and medium 4.50® 6.00 —Cows— Good and choice 4.50 0 5.50 Common and medium 3.75® 4.50 Low cutters and cutters 2.50@ 3.75 —Bulls (yearlings excluded) Good and choice beef 3.75 0 4.30 Cutter, common and medium. 2.75© 3.75 CALVES AND VEALERS Receipts, 590; market, steady. —Vealers— Good and choice $ 7.50® 8.00 Medium 5.500 7.50 Cull and medium 3.000 5.50 —Calves—-(2so-300) Good and medium 5.000 7.00 Common and medium 3.00® 5.00 STOCKERS AND FEEDER STEERS Good and choice 5.50 0 7.50 Common and medium 4.00 0 5.50 (800-1.500) Good and choice 5.75® 7.50 Common and medium 4.090 5.75
SHEEP AND LAMBS Receipts, 300; market, steady. (Shorn basis, except spring lambs) Good and choice :$ 7.03® 8.00 Common and medium 5.000 7.00 Spring lambs 8.00 f 10.00 Ewes, medium and choice 1.75® 2.75 Cull and common 1.000 1.75 Other Livestock By United Press CHICAGO, May 29.—Hogs—Receipts, 18,000, including 8,000 direct; steady ',O mostly 10c higher; bulk 150-220 lbs., $6.10 @6.25: top $6.25; 230-350 lbs., [email protected]; pigs, $5.7506.15; packing sows, $4.5005.10. Light lights, 140-160 lbs., good and choice, [email protected]; light weights, 160-200 lbs., good and choice, $6.1006.25; medium weights, 200-250 lbs., good and choice $5.90®6.25; heavy weights, 250-350 lbs., good and choice, $5.40@6; packing sows, 2(5-500 lbs., medium and good, $4.4005.10; slaughter pigs, 100-130 lbs., good and choice, $5.75® 6.20. Cattle—Receipts 2,000; calves, 1,000; quality plain; firm undertone to all classes; majority fed steers and yearlings eligible to s6®7; few held higher; slaughter cattle and vealers. %teers, 600-900 los good and choice, $6.50 0 7.75 ; 900-1100 lbs., good and choice. $6.50 07.75; 1100-1300 lbs good and choice. $6.25®7.75; 1300-1500 lbs. good and choice. $307.75: 600-1300 lbs., common and medium. $5®6.25; heifers, 550-850 lbs., good and choice, $6 07.20; common and medium, $4.5006.25cows, good and choice, s4@s; common and medium, 53.2504; low cutter and cutter $2.2503.25; bulls (yearlings excluded) good and choice, (beat), $3.75®4.50; cutter to medium, $2.7503.85;. vealers (milk fed) good and choice, $7.50@9: medium. $6.50 @7; cull and common, [email protected]; stocker and feeder cattle, steers, 500-1050 lbs., tood and choice, $607; common and melum. $4.75 @6. Sheep—Receipts. lOX^Oail classes fully sceauy; vary iittie on sale; choice clipped lambs, $8.65 to shippers; plainer kinds unsold; desirable native springers $10010.50; bucks, $1 less; few shorn ewes, [email protected] slaughter sheep and lambs; spring lambs, good and choice. s9® 10.50; medium. $809; common, S6@B; lambs, 90 lbs. down, good and choice, $8@8. 10; medium $6.75@8; 91-100 lbs medium to choice, $6.5008.60; all weights [email protected]; ewes, 900150 lbs., medium to choice, $1.75®3; all weights, cull and common, sl®2. By United Press EAST ST. LOUIS. 111.. May 29.—Hogs— Receipts. 3.500; market, moderately active; mostly steady with Thursday's average' top. $6.25; few small lots, [email protected]; most 240 lbs. down. $6.1506.25: 260-300 lbs. $0.8306; sows, largely $4.750 5. CattleReceipts. 800; calves, receipts. 700; market few loads Texas grassed steers on sale; top, medium bulls and vealers steady: steers. $5: top bulls. $3.75; vealers, $8; other classes on clean-up basis. SheepReceipts. 2.000; market, opened slow at 25c lower on spring lambs, bidding lower on sheep; packers taking few spring lambs early at $9.50. bidding. $9.50 down on others; bulk of lambs, unsold, including noubledecks of Texas clipped Jambs and .spring lambs, good and choice. , raedmm. $7.25f8.75; common, $5.i5®7.25: lambs. 90 lbs. down, good and choice. [email protected]: medium. $5.5006.25; ah weights, common. $4.5005.25; ewes. 90150 ibs.. medium to choice. [email protected]; all weights, cull and common, si@2. By Times Special LOUISVILLE. Kv.. May 29.—Hogs—Receipts. .500: .market. 10c higher: 225 lbs. e?Vn $5 -i 6 2A 5 ' 2 2, 5 lbs.. $6.15; 130-165 lbs.. S k s ?At l3o . lbs -*^s?' n . roughs. $3.10 §4loWstegs. $2.3a. Cattle—Receipts. 100; “.arlcet. slow, steady: prime heavy steers. s.,<l <jdo: heavy shipping steers. s6®7; me2iHJ?,*. an e and p l ain steers. ss©6: at heifers. *6.25® 7.50; common to medium heifers. $4.5006.25; good to choice cows. $3.5005medium to good cows, [email protected]; cutters! $2.500 3: canners $202.50: bulls. s3®4 25feeders. $607.25: stockers. $4.5006.75. Calves—Receipts. 300: market, prospects steadv. Sheep—Receipts. 1.800: market, prospects steady. Thursday’s shipments— Cattle, none; calves. 148: hogs. 184; sheep. 1.650. By United Press CINCINNATI. 0., Mav 29.—Hogs—Receipts, 2.400; held o'-r 250- ge—rg 1 - 15c higher; spots 25c up on weighty butchers; light lights an. steady: better grade 170 to 225 lb. averages. $6.50 to mostly $6.55: 230 to to, ~'3. $6.250 6.50; 275 to 300 lbs., $5.750 6; 120 to 150 lbs . including tbrowouts 160 lbs. or better. $S®6 10; sows, $4.25 0 4.50; light weights. $4.75. Cattle—Receipts. 300: calves. 325; low cutters and cutter cows and bulls very draggy; unevenly lower; other classes about steady; odd %% - mon and medium steer* and heifers. $5.50 06 75; better finished yearlings. jA.k-u; 7.50; beef cows. *404.75: a few low cutters and cutters. $203.25; strong weights, 250 lbs. bulls. $304; a few $4 25: vealers. steady; good and choice 180 lbs. and below '-7.50 08: heavier weights. $7.50 downlower grades. $7 and below, sheep—Receipts. 1.300; generally steadv; -better gtiuie ewe and wether spring lambs. slo@ll some held higher: common and medium. $7.50® 9.o0: skips downward to $5; buck lambs $1 or more below quotations; fat ewes. $7.50 downward. By United Press LAFAYETTE, Tnd., May 29.—Hogs— Steady to 5c higher: 160-iBO lbs.. ss.os: 180-200 lbs., $6 : 200-210 lbs.. $5 95: 2JO-220 lbs.. $5 90: 220-240 lbs.. $5.85; 249-260 lbs. $5.80: 25C-280 lbs.. $5.75: 280-300 lbs.. $5.65; 300-325 lbs.. $5.50; 130-160 lbs.. $5.75; 100130 lbs.. $5.60; roughs. $4.50 down; top calves, $7; top lambs. $9 50 By United Press' , EAST BUFFALO. May 29 —Hogs—On saies. 1.(00; market, very slow, few sales 150-200 lbs., at $6.50; steady to strong with yesterday's average: some held higher, arolmd 250 lbs. butchers. $6; pigs, $6.35@S 50; packing sows. $404.75. Cattle —Receipts. 200; one load common steers, steady at $5.50; cutter cows weak to 25c lower, mostly $203; few up to $3.50; calves, receipts. 1,000; mostly steady; good to choice vealers, $809.50; common to medium kinds. $4.5007.50. Sheep—Receipts. 600; lambs about steady; no choice springers offered; few medium grades. *9010; sheep held steady; mixed shorn ewes and wethers SB.
BELIEVE IT or NOT
£Tricke made avow not to be buried in UrajiHv !\A A CHURCH OR CHuRCH/ARb -WR UNDERGROUND UOR over / J&L .->• / \ iM ANDHEWAS/YOf/ His BOD/ .ts hlOU) HALF UNDEMBOUNX) £% AND HALF OYER- NEITHER WSiDE A CHURCH NOR OUT / f\ / - . .-Wim to& 4 _J3oreetlM!-e. EnobnJ J l / yz PEARS OME NIGHT Y)' \ V\' CLIMBED 5 FENCES AND DEPOSITED Q ; ) TL /GT-fA Q| MT \D 1 U ADT\T I WI!TT'; them oM kitchen Cos/ \ a OuO KiNDbtHARDT Vt Table \£T Breu Master Gavlmg Breweries. Ltd. \( \ X - J AGE 77 - HAS DRUNK AN AVERAGE. Owed by zi Chestnut St. Albany, N.y. £tR AHI> AL£ tVERY DAY F V£Aft^ &U HAS NEVER MISSED A DAYS WO**)
Bright Spots of Business
Secretary of labor reports slight improvement in employment. Devaux-Hall Motors output up. St. Lawrence Valley Power Corporation 1930 net $1,232,333 versus $820,222 in 1929. Sierra & San Francisco Power Company 1930 net $194,128 versus $180,984 in 1929. North European Oil Corporation total assets April 30, $1,719,388 versus $1,444,018 on April 30, 1930. Guarantee Company of North America declares extra dividend of $2.50.
In the Cotton Markets
NEW ORLEANS —May 28High. Low. Close. January . 9.28 9.16 9.23 March 9.47 9.34 9.45 July 8.62 8.45 8.59 October 8.95 8.77 8.92 December 9.16 8.99 9.12 NEW YORK High. Low. Close. January 9.25 9.15 9.24 March • 9.46 9.33 9.45 julv 8.61 8.45 8.59 October ; 8.93 8.79 B.SI December 9.14 9.00 9.13 CHICAGO High. Low. Close. January 9.35 9.21 9.30 July 8.68 8.55 8.66 October 9.04 8.88 9.01 December 9.25 9.10 9.23
Cash Grain
—May 29 The bids for car lots of grain at the call of the Indianapolis Board of Trade. ?, o. b.. shipping point, basis 41 Vic New York rate, were: Wheat —Strong: No. 1 red. 73@75c; No. 2 red. 72@73c; No. 2 hard. 73@75c. Corn—Steady; No. 2 white. 52@54c; No. 3 white. 51@52c: No. 2 yellow, 50Vi<a52c; No. 3 yellow. 49®50c: No. 2 mixed. 48Vi@ 496 c: No. 3 mixed. 42 Vi @43 Vic. Oats—Easy: No. 2 white. 25(£28c; No. 3 white. 24®25c. Hay—Steady. (F. o. b.-vountrfy points taking 236 c or less rates to Cincinnati or Louisville.) No. 1 timothy. sl4® 14.50; No. 2 timothy. $134713.50; No. 3 timothy sl2® 13: No. 1 light clover mixed. [email protected]; No. 1 clover mixed. sl4.soffiLs: No. 1 clover hay. sl2@ 12.50. —lnspections Wheat —No. 1 red. 3 cars: No. 2 red. 1 car. Total. 4 cars. Corn —No. 2 white. 2 cars - No 1 yellow. 2 cars: No. 2 yellow, 15 cars; No.'3 yellow’. 5 cars: No. 4 yellow'. 1 car; No. 6 yellow. 1 car; sample yellow. 1 car. Total. 27 cars. ' Oats —No. 1 white, l car: No. 2 white. 3 cars: No. 3 mived. 1 car. Total. 5 cars.
Net Changes
By United Press NEW YORK, May 28. Closing prices and net changes on principal stocks traded today on the New York Stock Exchange: Up. off. Alaska Jur.eau 17% .* ... American Can 66% American Smelting 29=4 ... 1% American Telephone }°7% ••• 5.% Atchison 14,Vi ... 2% Auburn .. 169 Vi ... 1 2 Bethlehem Steel 41% ... 1 Case 65Vi ... Vi Consolidated Gas 88Vi ... 2 Fox Film A -15 ** General Electric 39% Vs ... General Motors 35% ... Vi Gillette 25-8 2% ... International Nickle 10’* 3 /s ... Loews Inc 38% ... 1% McKeesport Tin <8 a ... I*2 Montgomery Ward 18% ... Vi N Y Centra 1 81% IV* Paramount 23 ... 7* Radio 15 ... V* Radio Keith 13% ... % Sears Roebuck 50% ... /* Stand Oil N J unchanged.. 33 s * ... ... Union Carbide 46Vi ... % United Air 37 ... 1 U S Steel 91 Vi 1% .. . Vanadium 26% ... % Westinghouse Electric 60% ... 2% Worthington Pump 41V* 1% Births Girls Arthur and Julia Pyke, 414 Terrace. Louie and Reba McDowell, 269 Minkner. James and Barbara Ganghan, 449 North H Richard and Eunice Miller, 429 Irving place. Russell and Martha Clark, 1109 Kentucky. Deaths Rebecca Albright. 79, 4334 Guilford, cerebral hemorrhage. Elsie E. Green. 6 mos., city hospitaL broncho pneumonia. Rachael D .Anderson, 71, 108 South Audubon road, broncho pneumonia. James L. Patton. 55, city hospital, pulmonary tuberculosis. John E. Gundiach, 12 hours, Methodist hospital, patent foramen avole. Estel Green. 38. Long hospital, tuberculous meningitis. Thomas J. Duggan, 73, 1113 Woodlawn. chronic myocarditis. Thomas Walter King, 1 city hospital, measles. Edward W. Kares, 67, 1032 East Ohio, chronic myocarditis. Della Mary Jerusalem, 64, 337 North State, cerebral hemorrhage. John C. Fetty. 63, city hospitaL hypostatic pneumonia. Lizzie Adeline Marshtll. 78, 4049 Ruckle, cardio renal disease. Caroline Cochrane. 83. St. Vincent’s hospitaL chronic myocarditis. Blanche Robison, 66, Long hospital, broncho pneumonia. Matt* Mitlev, 82. 630 Torbett, mitral
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” whitfh appeared in Thursday’s Times: Jacques Boerhave was Executed for Murder Committed 87 Years Before Jacques Boerhave of Xanten, died on the execution’s block in Hanover, Germany, in 1844, after royal clemency was denied him by King Ernst, The murder for which the defendant was convicted occurred in 1757. It came to light when the victim’s skull was dug up accidentally and it was discovered that a long rusty nail still imbedded in the skull was the cause of the death. Ownership of the nail was traced to Boerhave, who was 104 years old at the time he was executed. See—“Jahrbucher of Xanten, Auszug, Vol. 2, pp. 12-14. Carboloy—Carboloy Is the name of a cemented carbide alloy (tungsten carbide), which is nonferrous and used as tool material. Its hardness is such that it originally was used as a substitute for diamonds in drawing tungsten wire lamp filaments. Saturday—" The Man Who Spoke Seventy Languages.”
ARRANGE FUNERAL OF MRS. L. A. MARSHALL Burial for City Resident Four Years to Be Held at Nashville. Funeral services will be held at 10 Saturday for Mrs. Lizzie Adeline Marshall, 76, who died Thursday at the home of' a daughter, Mrs. John B. Seitz, 4049 Ruckle street. Tl*% services w> be held at the Ruckle street address, with burial Saturday at Nashville. Mrs. Marshall had resided in Indianapolis four years and had been ill several months. Survivors, in addition to the daughter, are: Three other daughters, Mrs. Howard Smock, Mrs. Thomas Henderson, and Mrs. Samuel Rednour; two sons, Drs. W. B. Marshall and Clarence Marshall: a sister, Mrs. Mary Walker, and a brother, William Woods.
SIGMA CHI HEAD NAMED Frank Jones Elected President of Butler Fraternity. Election of Frank Jones, 2527 Broadway, as president of the But-
ler university chapter of Sigma Chi, was announced today. Jones is a junior and is a member of Blue Key, honorary organization. Other officers named: Ralph Coble, vicepresident; Maurice Boyd, treasurer; Robert Walker, freshman advisor; William Brafford, house
Jones
manaser, and Butchard Carr, editor. CRASHES, DONATES"RUM Bystanders Get Fifty Quarts of Whisky After Auto Collision. By United Press DETROIT, May 29.—An unidentified motorist brought joy to the hearts of bystanders Thursiaj night when his automobile *as j wrecked in a collision. Crawling out of the wreckage he produced fifty quarts of whisky, j which had survived the crash, and distributed them to the crowd, i Then he disappeared before police arrived. BLAMES HARD TIMES Mail Roomeo Who Married Five Says He Didn’t Have Job. By Times Special MEMPHIS, Tenn., May 25.—Calvin Burke, 50-year-old ex-theaU* employe accused of wooing nine women by mail, and marrying and robbing five of them, confesed today, according to police, and blamed his “chain matrimony” career on business depression.. He said his first Venture began one year ago after he lost a theater job in New York.
£ sHotj lgvyzst PRICE J 259 E.WASH. ST.- 203W.WA5H.ST
Kl 7 Registered D S--13 y Patent O®^ RIPLEY
The City in Brief
Civil Sendee openings announced by Henry M Trimpe, local secretary, include: Associate pathologist (fruit and vegetable diseases), assistant fisheries technologist, assistant lithographic draftsman, senior elevator mechanician and assistant to geographer. Special meeting ot the East End Democratic Progressive Club will te held tonight at 1564 Ms Columbia avenue, with Judge John W. Geckler as the principal speaker. Other speakers include Joseph McLaffert.v, and various party leaders. June meeting of the State Florists’ Association of Indiana will be held at Smith & Young Company, 229 West New York street, at 8 on Tuesday night, Edward C. Grande, secretary, said today, floriculture exhibits at the state fair will be discussed.
NORTH CAPITOL BUS OPERATION OPPOSED Remonstrances Are Signed by Nearly 100 Property Owners. Remonstrances against operation of busses on North Capitol avenue, signed by approximately 100 property owners, was presented to the works board today. Petition to operate busses north on Capitol avenue from Market to Thirty-fourth street, west to Graceland avenue, north to Hampton drive, west to Sunset avenue, and return, filed by the Logan J. Smith Transportation Company, is pending before the board. No hearing date on the petition has been set. The company today petitioned for right to operate 7-cent fare, free transfer busses from the Circle east oil Market street to Arsenal avenue, north to Michigan, east to State, south to market, and return.
GIVEN SENTENCE FOR DESERTION, NEGLECT James Hollenbaugh Also Gets Verbal Spanking by Judge. James Hollenbaugh of 1829 Lockwood, today was sentenced to one to three years in the Indiana state reformatory by Criminal Judge Frank P. Baker on a charge of desertion and neglect. Hollenbaugh was given a verbal spanking by Judge Baker for deserting his wife, Mrs. Maude Hollenbaugh, and their four children without providing a means of support. 7 He refused to suspend sentence when Hollenbaugh pleaded “I’ve never been in trouble before.” PLEDGES ENFORCEMENT New Taxi Ordinance to Get Attention at Once, Says Captain Ray. The new taxicab ordinance, requiring permits, licensed drivers and regulating taxi service, will be ’enforced immediately, Captain Otto Ray, city license inspector, notified all taxi companies today.
Local Wagon Wheat
City grain elevators are caring 68c for No. 1 rd wheat and 67c for No. 1 hard wheat.
Terre Haute, Indianapolis & Eastern Traction Cos. Week-End Rates Sold at or after 12 o’clock noon on Fridays and all day on Saturday and Sunday Between all Local and Many Interline Points ONE FARE PLUS TEN CENTS FOR ROUND TRIP Knightstown ...,$1.12 Greencastle $1.27 Newcastle 1.45 R 1 Cambridge City . 1.69 Biazi 1,70 Richmond 2.15 Terre Haute .... 2.22 Dayton, 0., s3.3o—Springfield, 0., s4.os—Cincinnati, $4 Good returning on all trains up to and including Monday following date of sale. Call Riley 4501 for fares to other points not shore above.
PAGE 13
GRAIN FUTURES SHOW WEAKER TRADING RANGE
Rain Reports Add Bearish Tone to Wheat; Corn Irregular. BY HAROLD E. RAIWILLE United Prr*s 5 US Correspondent CHICAGO. l\lay 29.—Liquidation by May longs dropped that month 3*4 cents from the early high as the Board of Trade neared the close today. May was arratic throughout the session, rallying from an initial decline but failing to hold a sharp gain. July com acted tight early but eased with May although deferred months held fair gains. Wheat closed about steady after being easy most of the session with scattered selling on rains in the west and by way of evening up for the holidays, keeping prices down. Oats were uneven with wheat, liquidation of the May dropping that month. Exchanges Will Close At the close wheat was % cent lower to lto cents higher, com was 2(4 cents lower on May and■% cent lower to % cent higher on the other months, oats were unchanged to & cent higher with May 1(* cents off. Provisions were steady to strong, lard advancing on short covering. Liverpool firmed again toward the close and 1% cent lower cn May; other months cent higher. Chairman Stone of the fann board made a statement that he expected rising prices in all commodities. Export demand was better. All American grain exchanges will be closed Saturday. Memorial day, but Liverpool and Winnipeg will remain open. Cash prices were unchanged to H cent lower. Receipts were 32 cars. Com ruled steady to strong during the morning, with May going through a divergent range with rapidity. Starting cent to 1 cent lower, old May quickly ran up to % cent as shorts canceled their contracts. July Option Tight July acted tight, leading the other months in a firm opening and showing J i cent up at midsession. July gained on September and went to a premium of about 40 over that month. Trade was not large and was mostl ylocal. Houses with western connections were good sellers of September early. Cash prices were % to 1 cent higher. Receipts were 92 ca^s. Oats were fractionally higher, except for May, at mid-session. May lost % cent on liquidation. Strength in the other grains was the chief factor. Trade was slow with most operators watching the action of May wheat and corn. Cash rices were unchanged to % cent lower. Receipts were twenty cars.
Chicago Grain Table —May 29 WHEAT— Prev. „ , Open. High. Low. close. Close. May (old). .82(4 .83*4 -82V4 .83*4 .82V4 (New) .85 .85 .84 .84(4 .85 July 59% .60(4 .59*4 .60 ,59 7 /4 Sept 59’4 .59% .58% .59% .59% Dec 62 V a .63 .62(4 . 62*4 . 62*4 CORN— May (old). .55(4 .57*4 .54(4 .54% 56% (New) .56*4 .57*4 .54% .54% .56*/, July 57*4 .58*4 .56(8 .56(4 .57% Sept 53 3 4 .54 7 8 .53% .53(4 .53% Dec 47% .48*4 .47*4 .47*4 .47% OATS— May (old). .26*4 .26% 25*4 25(4 .26% (New) .26(4 26% .26% July 26*/ 2 .26% .26*4 f26( .26% Sept 26% .26% .26(5 .26% .26% Dec 29 (4 .29(4 29 .29*8 29 RYE— May (old) 37% July 38(4 .39 38*4 .33% 39 Sept *.39 .39 38% .38% .39 Dec 41% .42 .41% 42 41% LARD— May ..... 7.22 7.30 7.22 7.30 7.17 July ..... 7.27 7.42 7.27 7.35 7.25 Sept 7.40 7.55 7.40 7.45 7.37 Oct 7.40 7.57 737 740 732 BELLIES— May 7.62 7.62 July 7.75 760 By Times Special CHICAGO. May 29.—Carlote Whert, 126: corn, 90; oats. 18: rye, 0. and barley. 5. By United Press CHICAGO. May 29.—Cash grain clo£J. Wheat—No. .2 red. 82%c: No 1 hard. 82% <&.B3*4c; No. 2 hard. 82%c: No. 1 mlxecf. 81(4<5i82*/2c: No. 1 northern. 82 , /2®B3*4as No. 2 northern. 82’ic. Corn—No. 6 mlxel. o2(c: No. 1 yellow. 57<!i57%c: No. 2 veflow, 56@57(4c; No. 3 vellow. 56c; No. 5 yellow. 53%c: No. 1 white. 58%c; No. 2 white. 58*/25558%c: No. 3 white. 67%-v. sample grade. 43® 50c. Oats—No. 2 white. 28c: No. 3 white. 27c: No. 4 white, 24*4'2 26c. Rye—None. Bariev—37®s9c. Timothy— 58.2558.75. C10ver—510.50217.50.
By United Press TOLEDO. 0.. Mav 29.—Grain close; Grain on track. 23%c rate. Wheat—No. 2 red. 76%@77%c: No. 1 red. 1 cent or;.mium. Corn—No. 2 yellow. 56@57c; N). 3 yellow. 54 M> @55 Vic. Oa’s— No. 2 white. 28%@29%c: No. 3 white. 27%@28%;. Clover —Domestic, prime, old, $13.76; crime new. sl4: prime, choce. new. $14.25; prime, choice, old. sl4: October. $14.25; December $14.50. Alslke—Cash. sl4. Butter Fancy creamery. 26@27c. Eggs—Country run. 16@17c. Hav—Timothy per cwt. $1.25. Chicago Stocks Opening (By James Hamill <t Co.l —May 29 Assoc Tel Util 24%|H 0 udia B 5 Bendix Aviation 16% 31ec Hschold .. 19 4 Borg Warner .. 16% Insull com ... 23% Sent So West.. 15% Insull 6s 1940. 80 Cord Corpn 9 Lion Oil 3 * Conti Chi Cor c 5% Middle-west com. 13% Conti Chi Cor p 34%;N'ati Standard 23 , Central Pub Ser 12% Standard of Ind 22 Commonv.-lth E 232% 3mlft Interntl. 33 Chi Securities.. 13% util Si Indu pfd 15'> 1 Griesbv Grunow 3%!
We Buy and Sell Real Estate Preferred Stocks and Bonds ZAISER & ZAISER *O3 Fletcher American Building 129 E. Market St.
ALTERATION; 4 SPECIALISTS—WE REPAIR * RELINE, REFIT ~ * ■ TAILORING LEON company til ISI East New York Street
