Indianapolis Times, Volume 43, Number 226, Indianapolis, Marion County, 29 January 1932 — Page 17

JAN. 29, 1952

49 Squads Enter Play A record entry list of forty-nine cage squads has been received for the city championship and Indianapolis sectional tourney, it was announced today by Wayne Emmelmann, secretary of the Central States Basketball Association. Entries closed Thursday. Only thirty-two teams will compete. Seventeen late entries were returned today, and the teams, along with other local quintets, invited to enter the Wilkinson or Fishers sectional tournaments. The first thirtytwo teams to enter were accepted, as lollows: St. Phillip* A C . Kicgan*. L, 8. Avres. Klrshbanm Centers. Irvington Troians. Union Printer*. Heal Silk Rambler*. Indianapolis Meteor*. Indiana Senior Hashes. Reserve Loan Life Planner and Buchanan*, liablg Indian* Indianapolis Wizards. Vonnegut Hardwares. Sunshine Cleaners. G. St J Tires. Eli Llllv. Riverside Olvmpic Mub. English Avenue Bovs Club. Lauters Bovs Club. Holv Trinity. Indiana Bell telephone. Kautskv Athletic Club. Broadway Eoworths. Modern Woodmen. Capitol Silent*. Shell Gas. Mnvnahan Appariment*. Pettis Dry Ooods. Sixteenth Dlv lalon Naval Reserves. St. Patrick* ana Bond Breads . . All games In the local sectional v 111 be olaved at night, starting Feb. 9 and ending Ff-b. 19 Practically all ot the uiit’andlng local nulntets meeting C. S. B. I? A rcoulrements entered. Plaver roster lists were mailed todav bv Boh Stehlln. In charge of the local sectional Ten men may be entered, with eight to be u*ed in the tourney. Thirty other sectionals will be held aver the state bv the Central States organization with the winners playing on ne local Y M C. A. hardwood on keb. 25. 26 and 27 for the fourteenth annual Indiana title. The local championship team and the runner-un team also will olav in the state meet. Emmclmann said. ,‘ettls basketball team defeated L. S Ayres. 28 to 24, before 500 fans Kerl, .sperriv forward, and Scott starred on oflMite for the winners, while Quinn arid Gito lead the defense Pettt* nlavs If. P. Wa - ons Wednesday night at Hoosler Ath.etic Club. Butler Juniors defeated Moravian Knights. 24 to 23 McCoy and Burns were best for th* Juniors. For games with_ Juniors call Humboldt 6758. ask for Herb. Phi Lambda Epsilon quintet scored a onr.-slded victory over Phi Beta Sigma at Dearborn hotel, 31 to 8 Ryan and Sterns were outstanding (or the winners. Managers of the Mercury Club and Acc Club please call Humboldt 8497, ask for Gordon. Cardinal Five girls defeated Hartford Frocks In fast game at the St. Paul gym, 26 to 10. Miller and Gass played best for Cardinals. For games with Cardinals call Talbot 5610, ask for Ray. One of the best games of the season is expected at Pennsy gym Saturday night, between Goldstein Brothers and Wm. H. Block cage teams. McCloud and Kinsey, formerly of Monrovia. are expected to start for Goldstein s with Bob Wakefield, former Butler star, shining for Blocks. Real Silk Ramblers and L. S Ayres will play the first game at 8 p. m. Goldstein s would like to book games with teams having access to gyms. Call Harold Goldsmith, Lincoln 1301. Kingan's office five, tied for first place In the Kingan's Employee's League, desires games on env night except uesdav with teams having access to gyms. Write Carl Putman. Main Office. Kingan Sc Cos or nhone Li. 1351. In games nlaved In the Brookside C. B. League Wednesday. Brookside U. B defeated Lincoln Chapel. 31 to 12. and Howih Memorial downed Brookside, Flashes. 23 to 13. The standing of the league: Won Lost Rrookside U. B ..6 \ Heath Memorial 4 Lincoln Chapel 3 Brookside Flashes 1 6 Next week. Brookside U. B. meets Meath Memorial and Lincoln Chapel plays Brookside Hashes. Real Silk Ramblers will take on the fast Real Silk Night Hawk quintet at Pennsv evm Sunday afternoon at 2:30 p. m In a preliminary. Real Silk Bulldogs • Kiris) will tackle the Sprlnman Girls team from Louisville at 1:30. At 3:30. the strong St. Pat's club will olav -ond Bread. St. Patricks handed Sears Cabinet netters their first defeat, a 30-to-18 trouncing at old Butler gym. Shipp with fourteen points and Wood with six were best lor the victors. Scars was oustanding for Cabinets. Saints will tangle with Bond Bread Sunday at Pennsy gym at 3:30 p. m. For games call F. Roth, Drexel 0116. Two American Telephone and Telegraph company cage teams will clash tonight at St Paul gvm. Indianapolis Testboards. composed of former local high school players, will battle Cable Constructors of Cleveland. Manager E. R. Holt of the C. C s will use L. Lann of Johnstown. Pacenter; W. Carey, Lancaster. 0., forward; A. Giuffrc. Cleveland, forward; F. Wain. Chicago, guard; E. Hoit, lowa, guard, and Yochetn, Horn and Statt, reserves. Manager Parks At the locals predicts a close game. -

-Pin GossipBY LEFTY LEE

Saturday and Sunday, the women bowlers of the city will strive tor the championfhln of the Indianapolis Womens Bowline Association on the Pritchett alleys, ojav •starting at 4 p. m.. when six teams take the drives. The final souad tn the ‘earn event will roll at 11 a. m. Sunday morning. The schedule: SATURDAY 1 P. M Class. B—Hollander Bros. B—American Central B’s. C—Smith, llasslcr Si Sturm. C—l. W. B. A. C’s. C—Rov Steele Buckles. B—l. W. B. A. Bs. —0:30 P. Hl. B—Rov Steele Saueaks. B—Rov Steele Heels. B—Beam's Recreation. B—Van Camp Packing. B B. & O R. R. B—Uptown No. 2. A—Rlesbeck Drugs. B—Gruner Beautv Shoppe. C—Herman Schmidt Ins. C—Prcst-O-Lite Batterv. C—Kings Indiana Billiards. B—Ballard Girls. —i>:ls P. M.— A—West Side Furniture Cos. A—Giesen Products. A—Marott Shoe Shop. A—Bowes Sealfast Special. A—Coca Cola. A—Hoosier Pete. A—Dr. C. B. Chambers. A*—Beards Scientific Brake Service. Inc. A—Real Silk. A—American Central A's. A—Uptown No. 1. B—Luobklng Flower Shop. SUNDAY —ll A. M.— A—Rov Steele Shoe Repair. A-Rosner's Beautv Shoppe. B—Weisman's Five. C—Lone Star. B— Held Floral. B—Emanon. Doubles and singles plav in the Womens event is scheduled for 6 and 8 p. m. Sunday nisht. The 9:15 o. m. souad in -cam play Saturday and the 8 o m. doubles and singles events Sundav will hold the i allbirds, as the best of the fair sex bowlers are scheduled at this time. K of C. bowlers are finding Bill Sar- - cent hard to catch, the popular Delaware allev star acain leading this loop with a total of 661 that included the hleh > ngle uune of 236. John Rice and Freit* 'led so. second place with 630 while Lee Foley was hittinc a 624. Team results showed a triple win for Hoosier Optical and Jitt-man-Rtce. over Canning Plumbing and Centennial Press and an odd came win lor Fretle Grocerv Indiana Truck. Scott .ruck and Boren Insurance from Block Optical. Ouinn Grocerv. Penn Coal and Finncran Grocerv. The 300 game that A. Heidenreich 'Oiled several weeks ago seems to have teen the tonic needed to make a real pin spiller of hint, his work each week featuring at least one big game. .r>:< good totals. During Thursday ma'' f nlav ol the Elk League. Heidenreich came with a rush at the finish taking hic.t game with a tore of 257 and high three-game total of 442 Burnett was next tn line with 612. George Meeker, the league leader, was closi vth a 598 count. Stafford Engraving 1,,t the entire series to B. M. G. as Supreme oil. Hotel Antler and Ollendorff Watches lost two to Heidenreich Florists. Bailev Insurance and Blacker Chili. Health won two from Sliced bread, ns New Pan thumped Pan three times curing the Freihofer plav on the Hotel Antler drives. The Bull Dogs made the Wild Ca's tld during the St. Catherine plav on the Fountain Sauarc drives, taking all three games. Lions also won two 'rom the Libernatlng Bears, as Panther sand fibers took two from Leonards and Wolves. Illinois Special and West Bread won two games from 101 Stores and Howdv t bib. as the Gardner Specials took three "rom Sinclair Refining. The deadline for entries to the National Tournament at Detroit is Monday. Feb. 1. 1932. at midnight. All week-end dates ate filled, but mid-week dates are still available. Dfckman was the star of the Plumbing and Heating League session on the T li<nols allevs. conning all high honors *’ith a total of 633 that included a 229 fount, which helped the Shower team take the entire series from Pumps., Ladles also took three from Washers, while the , Radiators and Softeners had to be on ’ tent with a two-game win over Valves and Mugs Two tame wins ruled the Fletcher Trust Company League nlav on the Central drives. Thirtieth Street. West Michigan Broad Ripple and Roosevelt, defeating Irvington. East Side. South Side and Main Office. Kechn found the pocket for high single of 244 and a three-game total of 623 to lead this loop.

'CARRIERS LEAD STOCK MARKET IN DOWNSWING Heavy Selling in Railroads Forces List Near Year’s Low Figures.

Average Stock Prices

Average of thirty Industrials lor Thursday 76.*3, off 109. Average of twenty rails 38.71. off .60. Average of twenty utilities 31.26 off 25 Average of forty bonds 79.72. off .53. BY ELMER C. WALZER United Press Financial Editor NEW YORK, Jan. 29.—Heavy selling of railroad shares today brought the entire stock market down to within a short distance of the lows for the bear movement made on Jan. 5. - Selling in the rails was based on fears the railroad presidents would not accept the terms of a wage reduction laid down by the workers, according to unofficial reports of the terms sent out from Chicago last night. It was believed the executives would balk at a proposal to restore wages to present levels after a year, and in some quarters it was feared the conference would break up without achieving results, a move that would throw the whole controversy ! open to long negotiations. Rail Heads in Recess Railroad presidents met with labor representatives from whom they received a counter proposal to a recent proposal of the executives. The presidents took a recess shortly after their meeting to consider the proposals. Union Pacific declined to 74, off 2; New Haven 26%, off 2%; Southern Pacific 31%. off 2%; Atchison 80%, off 3%; Chesapeake & Ohio 26%, off 1%; Baltimore & Ohio 1714, off 1%, and New York Central 28%, off 2%. List Under Pressure Steel common dipped to 36%, off 112l 1 2 points from the previous close and within a fraction of its low for the bear market of 35%. Bethlehem Steel made anew low at 15%, off %, and new lows also were made by Genera] Electric at 19%, off %, and National Bellas Hess at %, off %. Steel preferred dropped 2% points to 98%. Utilities, motors, oils and special Issues were under pressure. American Telephone dropped to 110%, off 2%; Public Service 51, olf 2: Western Union 34. off 3%; Allied Chemical 65%. off 2%; Vulcan Detinning 20, off 2, and Dupont 48%, of VA.

Bank Clearings

INDIANAPOLIS STATEMENT —Jan. 2S Clearings $2,211,000.00 Debits 5.021.000.00 TREASURY STATEMENT —Jan. 29Net balance for Jan. 27 $342,158,028.48 Expenditures 4.811.265.18 Customs rects. mo. to date.. 24,299.690 22

New York Curb Market

(By Thomson and McKinnon) —Jan. 29 — ~ , 11:00.1 11:00. Alum Cos of Am 49 'Great A & P. .147% Am Gas Sc Elec 32% I Gulf Oil 28% Am Sup Pwr... 3%! Humble Oil 43% Ark Gas A 2'’i| Imp Oil of Can 8% Asso Gas Sc El 4%!Nla Hud Pwr .. 6% Braz Pwr & Lt 11 IPenroad 3% Can Marc .... %|St Regis Paper. 3% Cities Service.. s%(Std of Ind 15% Con Gas of Bal 60 I Std of Ohio 24% Cord 6%'Stutz 12% Deere & Cos 9%!Un Gas A 2 Elec Bond &Sh 10'%! Un Lt Sc Pwr.. 6% Ford of Can .. ll%!Ut. Sc Indus 2% Ford of Eng... 5%Ut Pwr 2% Fox Thea %|Un Fndrs 1% Goldman Sachs 2% I

New York Bank Stocks r V

(Bv Thomson & McKinnon) —Jan. 28— D . Bid. Ask. Brooklyn Trust 188 liB Central Hanover 137 141 Chase National 34% 4 30 3 i Chatham Phoenix Natl 18% 20% Chemical 31% 33% Cl tv National 45% :/% Corn Exchange 60 '3 Commercial 135 (45 Continental 14% q% Empire * 23'% ''s% First National 1.520 1.620 Guaranty 269 274 Irving 18% *9% Manhatten & Company ... 34 36 Manufacturers 28 30 New York Trus 74 77 Public 22 24 Chicago Stocks Opening (By James T. Hamill & Cos.) —Jan. 29 Bendix Avia ... 16%'Houd Hersh (B) 2% Borg Warner .. 10 Insull com 4 Cent Pub S (A) 2%|Middle West ... 5% Cont Chi com.. 1%-Sbd Utilities.... 18% Com Edison ...113 lutah Prod % Houd Hersh (A) 9 'Welgreen Strs.. 11 New York Liberty Bonds —Jan. 28— 3%s 94.9 Ist 4%s 98 2 4tli 4%S 99.8 Treasury 4%s 100.8 Treasury 4s 96.12 Treasury 3%s \ 91.24 Treasury 3%s of ’47 89 16 Treasury 3-%s of '43 90.30

In the Cotton Markets

(Bv Thomson & McKinnon) NEW YORK, Jan. 28.—Sentiment was decidedly against cotton prices this morning and it took trade buying in great volume to limit the decline to 5 or 6 points. New Orleans sent selling orders and commission houses in general were selling. The buying being mostly for the trade was concentrated to a great extent. The general idea that the Orient took a large part of the contracts as it has been doing for several weeks. Prices for dry goods are holding recent gains and those friendly to the market were accenting the probable increase in consumption likely to follow the popularity which cotton will enjoy as a result of style in women's dress goods. For our part, we simpy retain our opinion that current prices are sufficiently cheap to make them attractive. CHICAGO — Jan. 38High. Low. Close. March 6.73 6.70 6.73 Mav 6.90 6.85 6.90 July 7.06 7.01 7.06 October 7.23 7.19 7.23 NEW YORK January 7.42 7.36 7.42 March 6 64 6.57 6.62 Mav 6.81 6.74 6.80 July 6.97 6.92 6.97 October 7.19 7.12 7.19 December 7 35 7 30 7.35 NEW ORLEANS March 6.63 6.57 6.62 May 6 81 6.74 6.80 July 6 96 6.90 6.96 October 7.13 7.07 7.13 December 7.28 7.24 7.28

New York Stocks "" Thomson Sc McKinnon)

—Jtn. 29 Prev. Railroad*— High. Low. 11:00. close. Atchison *3*. 81% 82% 85% Atl Coast Line 36 Balt & 0hi0... 18% 17 17% 19 i Chesa Si Ohio.. 27% 26 \ 27% 28 i Chesa Corp 18 18% 17 18% C*n P.c 14% 14% 14% 14% Chi Ort West 4 Chi N West 10% 10 10% 10% C. R I 4 P 14 15 Del LAt W 23% 23% 23% 24% Del & Hudson 79% Erie 9 8% 8% 9% ; Erie Ist pfd 12% Great Northern. 20% 20% 20% 21% Illinois Central.. 15% 14% 15 15% Kan City So 12 Lou At Nash 26% Minn 8 L % % M. K At T 7 7% Mo Pacific 9% • 9 9% 9% Mo Pacific prd. 23% 21% 22% 23 N Y Central... 31% 29% 30% 31% Nickel Plate 7 7% NY NH At H ... 28% 27% 27% 287* Nor Pacific 21% 20% 20% 21% Norfolk At West ~ .. ... 125 O At W 7% 7% 7% 7% Pennsylvania .. 21% 20% 21% 21% Reading 36% Seaboard Air L.. H % % % So Pacific 33% 32% 33 34 Southern Rv ... 11% 10% 10% 11% St Paul 3 St Paul pfd 4% 4% 4% 4% St L Ac o F 5% ■Union Pacific ... 76% 74% 75% 76 Waoash 3% 3% 3% 3% i W Maryland ... 6% 7 West Pacific 3% Equipments— Am Car <fc Fdy.. 7% 7 1/ 7% 7% Am Locomotive.. .. ... ... 7% Am Steel Fd 7 7 Am Air Brake Sh 13% i Gen Am Tank 30 30% ! General Elec ... 20% 19% 19% 20% i Oen Ry Signal.. 23% 23% 23% 24 I Lima Loco ... .. 14% i Poor Ac Cos 3vi 3% I Pullman . ..... 21% 21% 21% 21% Westingh Ar B 14% 14 Westingh Elec.. 24% 23% 23% 24% Rubbers— Firestone 12% 12% 12% 13 Good rich '!" <% 4 % Goodyear 151/. Kelly Sprgfld ' 1a? Lee Rubber . “ 2 U S Rubber ... "4% 4 Motors— Auburn 135 131% $32% 136% Chrysler 13 12% 12% 13% ! General Motors.. 20% 20% 20% 20% Graham Paige 3% 3% Hudson .. os.; hudd ;; 4 ?® Mack 13% Marmon 'i% Nash 171,' 17% Packard ” ... 4% 4% Reo ... , 3 Studebaker ii>4 1134 Yellow Truck.. 4 3% 3 7 /? 3% Motor Access— Bendix Aviation 16% 15% 15% 10% Bore Warner ... 10 10Vi Briggs gVi 8% Budd Wheel 3% El Auto Lite... 27% 27% 27% ?,% El (Storage 8.. 30% 30 30 29% Houda 2% Motor Wheel ... 5% Murray Bodv .. 6% 6% 6% 6% Snarks-W .. ... 3 Stewart Warner 5 5 Timkin R 011.... 19% 18% 18% *B% Mining— Am Metals 5% 5% Am Smelt 15 14% 14 3 4 14% Anaconda Con.. 9% 9% 9% 9% Alaska Jun .... 14% 14% 14% 15 Cal & Hecla 3% 3% 3% 3% Cerro de Pasco.. 11% 11% 11 Vi 11% Dome Mines 8% Freeport Texas 17% 17% Granby Corp 7'/s 7 Great Nor Ore 12 Howe Sound 11% 12 Int Nickel 8 7% 7% 8 Inspiration 3% Isl Crk Coal 17 Kennecott Cop .. 10% 10% 10% ... Magma Cop 7% Miami Copper 3% Ncv Cons 5 5Vs Texas Gul Sul 22% 23 U S Smelt 16% Oils— Amerada 12% Atl Refining 9%' Barnsdall 4% 4% 4 Vi 4% Houston 3'/a 3% 3% 3% Mex Sbd 6% 6% Mid Conti 5% ... Ohio Oil 5% 5% Phillips 4% 4% Prairie Pipe .... 7 6% 6% 7 Pr Oil Ac Gas 5 5 Pure Oil 4% Royal Dutch 16% 16% Shell Un 3% 3% 3Vs 3% Simms Pt 434 Sinclair 5% 5 5 '5% Skelly 2 3 4 2 3 4 Standard of Cal 23Vi 23% Stand of N J... 25% 25 3 /g 25',* 25% Soc Vac 9% 9 9 914 Texas Cos 11% 11% 11% 11% Union Oil 12 Steels— Am Roll Mills 8% Bethlehem 16 15% 15 3 4 16% Byers AM 12% 12% 12'/* 12% Colo Fuel ... 8% 9 Cruc Steel 17 Inland 20% McKeesport Tin. 46% 45% 45% 48 Midland 9 Republ I Ac S '5 5 S Steel 37% 36 7 4 37% 37% Vanadium 13 131/. Youngst S & W g 7% Tobaccos— Am To (Anew). .. ... 74 75% Am To (B new). 77 75% 76% 76% General Cigar 33 Lig Ac Myers B 5514 Lorillard 14 13% 14 14% Reynolds Tob ... 38 37% 38 38% ?°k E r A *>% B % 8% 8% Tob Pr B 4 3% 3% 3% Utilities— Abitlbi 2 3 4 2 Vi Adams Exp 4% 434 434 4% Am For Pwr 7 6% 6% 7'/e Am Pwr Ac Li... 14 _ 13% 13% 14 ATAc T 113 111% 111% 113% Col Gas Ac El .. 13 12% 12% 12*4 Com Ac Sou 4% 4 4 4 Cons Gas 58% 5734 57% 58 3 4 El Pwr Ac Li ... 11 1034 10% 11 X Gen Gas A . 17Inti T Ac T 9Vi 8% ”9 9% Lou Gas & El .. .. .. . 2 0% NatlTwr Ac Li... 13% 13% 13% 13% No Amer Cos 32 31'4 31% 3231 Pac Gas Ac Ei ... 33% 337“ PubSerNJ ... 52% 52% 52% 53 So Cal Edison 31 30% StdG&El 27% 27 27 28% United Corp .... 8% 8% 8% 8% Un Gas Imp ... 18% 18% 18% 18% Ut Pwr Ac L A.. 9% 9% 9% 93/® West Union 37% 36% 36% 37% Shipping— Am Inti Corp 5% 53/. United Fruit ... 22% 22 22 22% Foods— Am Sug 25 24% 24% . Armour A 1% 1% IV* 1% Can Drv . 8 .A 74 Childs Cos . 514 534 Coca Cola 106 104% 104% 106% Cont Baking A.. 5% ,4% 4% 5% Corn Prod 40 39 % 39% 40% Gen Foods 34 33% 33% 34 Grand Union.... 2 6/3 g Hershey '79 793/ Kroger 13% ,4 4 Nat Biscuit 40% 46% 40% 4934 Natl Dairy .... 233® 23% Purity Bak 13 12% 12% 12% Safeway St .... 45 44% U 5 45% Std Brands * 13 ~ Ward Bkg Drugs—£otv Inc 31; 3% P ru <t Inc 51 50 50 % 51% Lambert Cos 49% 49 49 49% Industrials— Am Radiator 6% 6% % 6"! Certainteed ... 2 Gen Asphalt .. 171 4 Lehigh Port % Otis Elev ; Jig j| i\ Indus Chems— Air Red 49 48% 48% 49 Allied Chew .... 67 65 65% 67% Com Solv 714 Dupont 50 49% '49% 49% Union Carb 29** 28% 28% jqsf U S Ind Alco.. 24 23% 23% 24% Retail Stores— Gimbel Bros . 2% 2 Kreske S 5.... 16% ie% 16V* 16% Mav D Store ,17 734 Mont Ward .... 8% 8 8% 8% Pennv J C Schulte Ret St 3% 3% "3% 3% ::::: . jj Amusements— Eastman Kod... 79% 78% 78 s * BC% Fox Film A 37/Grigsbv Gru 1% 1% Loews Inc 27 26% 26% 27% Param Fam 9 9 (Radio Corp 7% 7 7 7% rt-K-O 5% 5% 5% 8% Warner Bros 33% Miscellaneous— Citv Ice & Fu .6% ! Coneoleum 9 9 Proc A: Gam 39% 39% 39% 38% Allis Chal 12 11% 11% 12 Am Can 59 58% 58% 59% J I Case 34% 34 S 34% $6% i Cont Can 36 34% 35 36 i Curtiss Wr 1% 1% Gillette SR... 12 11% U% 12'/. Gold Dust 16% 16% 16% 16% Int Harv 24 7 * 24% 24% 2b Int Bus M 99 98 98 'OO Real Silk 3% Un Arcft 13% 13% 13% '3%

Investment Trust Shares

(Bv Gibson & Bernard) TRICES ARE TO 12 NOON C. S. T. —Jan. 29 — Bid. Ask. Am Founders Corp com ..... 7 s 1 Am & Gen Sec A 3% ... Am Inv Tr Shares 2 2V Basic Industry Shares 2% ... Collateral Trustee Shares A.. 4 4 s * Cumulative Trust Shares .... 3 1 4 34-t Diversified Tr Shares A 6 T s ... Fixed Trust Oil Shares 1% ... Fixed Trust Shares A 6% ... Fundamental Tr Shares A ... 3 1 * 3’a Fundamental Tr Shares B ... 3% * Leaders of Industry A 3 3 * ... Low Priced Shares 3 3 3 3 Nation W’ide Securities 3 1 * 3'2 North American Tr Shares... 2t4 ... Selected American Shares.... 2' 2** Selected Cumulative Shares... 5% 6 l Selected Income Shares 33% Shawmut Bank Inv Trust ... 1 3 Std Am Trust Shares 3% 3% Super Corp of Am Tr Shares 3 l 3>j Trustee Std Oil A 3% ... Trustee Std OU B 8% 3*4 Unified Service Tr Shares A.. 2% 2 J < U 8 Elec Light & Pwr A .... 17>4 19V, Universal Trust Shares ....... 2% 3

THE INDIANAPOLIS TIMES

PORKERS SHOW SHARP LOSSES AT CITYYARDS Cattle Trend Is Steady to Lower; Sheep Values Unchanged. Hogs dropped 15 to 20 cents this morning in weak trade at the city yards. The bulk, 130 to 325 pounds, cold for $3.65 to $4.10, early top holding at $4.10. Receipts were estimated at 5,500; holdovers were 196. In the cattle market hardly enough steers were on hand to make a market. She stock showed a lower trend. Receipts were 400. Vealers opened steady at $9.50 down and closed slightly lower at $9 down. Calf receipts were 600. Sheep were steady. Early morning top price was $6.50. Receipts wbre 2,500. Trading in the Chicago hog market this morning showed indications of lower prices, with a few early sales and bids mostly 5 to 10 cents under Thursday’s average on lightweights. The bulk, 170 to 220 pounds bid at $3.90 to $4.05. Receipts were estimated at 37,000, including 13,000. Holdovers 8,000. Cattle receipts, 3,000; calves, 500; market, steady. Sheep receipts were quoted at 22,000; market, unchanged. HOGS Top. Bulk. Early Top. Receipts. 23. $3,750/ 4.30 *4.30 1,500 25. 3.75<?i} 4.25 4.25 5.500 ‘’6. 3.75® 4.25 4.25 6,000 27. 3.85*5! 4.40 4.40 4.000 28. 3.80® 4.30 4.30 4,000 29. 3.65® 4.10 4.10 5,500 Receipts 5,500; market, steady. (140-160) Good and choice $3.75® 4.00 —Light Lights—-(l6o-180) Good and choice 4.10 —Light Weights—-(lßo-200) Good and choice 4.10 (200-220) Medium and g00d... 4.10 —Medium Weights—-(2oo-250) Good and choice ... 3.95®> 4.10 (250-290) Medium and g00d... 3.75® 3.85 —Heavy Weights—-(29o-350) Good and choice 3.55® 3.75 —Packing Sows—-(3so-500) Medium ana g00d.... 3.00® 3.35 (100-130) Slaughter pigs 3.50 CATTLE Receipts, 400; market, steady. Good and choice $ 5.75® 9.75 Common and medium 3.00® 5.75 I (1,100-1,800) Good and choice 6.00® 10.00 Common and medium 4.25® 6.00 —Heifers—- „ . „ (500-850) Good and choice 5.00® 7.50 Common and medium 3.00® 5.00 —Cows— Good and choice 3.25® 4.25 Medium 2.75@ 3.25 Cull and common 1.50® 2.75 —Bulls (yearlings excluded)— Good and choice beefs.. 3.00® 4.25 Cutter, common and medium.. 2.00® 3.00 CALVES AND VEALEIfS Receipts, 600; market, steady. —Vealers— Good and choice $ 9.00® 9.50 Medium 7.00® 9.00 Cull and common 5.00® 7.00 —Calves— Good and choice 4.00® 6.50 Common and medium 2.50® 4.00 —Stockers and Feeder Steers— Good and choice 4.25® 6.00 Common and medium 3.00® 4.25 (600-1.500) Good and choice 4.25® 6.00 Common and medium 3.00® 4.25 SHEEP AND LAMBS Receipts, 2,500; market, steady. Good and choice * 6.00® 6.50 Common and medium 3.50® 6.00 Ewes, medium and choice 1.50® 2.50 Cull and common 50® 1.50

Other Livestock By United Brest CHICAGO, Jan. 27. —Hogs—Receipts, 35,000, including 13,000 direct; s@loc lower, 170-210 lbs., $3,950.4; top. $4.05; 220-250 lbs., [email protected]; 260-325 lbs., $3.6503.80; 140-160 lbs., $3.60@4; pigs. [email protected]; packing sows. $3.30(53.40; light lights, 140-160 lbs., good and choice, $3.6004; light weight 160-200 lbs., goo dand choice, [email protected]; medium weights, 200-250 lbs., good" and choice, $3.70(5)4.05; heavy weights, 250350 lbs., good and choice, $3.60 03.85; packing sows, 275-500 lbs., medium" and good, $3.2503.50; slaughter pigs, 100-130 lbs., good and choice, Cattle— Receipts, 3,000; calves. 500; dull, steady to weak trade on practically all classes; quality plain, most slaughter steers and yearlings eligible to SSO-7; few $7.5008.75vealers strong to 25c higher; good and choice offerings. $8.25 0 9.50; slaughter cattle and vealers. steers. 600-900 lbs., good and choice, [email protected]; 900-1100 lbs., good and choice, $7010.50; 1100-1300 lbs., good and choice, s7® 10.50; 1300-1500 lbs., good and choice. $7010.50; 600-1300 lbs., common and medium, $3.50@7; heifers. 550850 lbs., good and choice, $5.5007.50; common and medium, [email protected]; cows, good and choice. $3.50 0 4.75; common and medium, [email protected]; low cutter and cutter $1.75®'2.75; bulls, yearlings excluded, good beef ; ® 3 ® 4 : cutter to medium. [email protected]; vealers, milk fed, good and choice, [email protected]; medium. $7.25(5 8.25; cull and common, [email protected]; common and medium. $3.2504.50. Sheep—Receipts, 22,000; nothing done, bidding unevenly lower a P d H!y?S- stead yi good to choice lambs bid [email protected] by packers; closely sorted kinds held upward to $6.75; slaughter sheep and lambs, lambs. 90 lbs. down, good and choice. S6O 8.65; medium, $4.75(56- all weights common [email protected]; ewes. 90-150 lbs medium to choice, $2®3.50; all weights cull and common, $1.50®2.50: feeding 50 * 75 lbs > good and choice, $4.75 v£p 0.25. By United Press CINCINNATI. 0.. Jan. 29 Hogs Receipts. 4.500: including 1.800 dirfetf over. 110: generally. 20c to 25c 'owerbetter grade, 160-240 lbs., mostly $4.30 on 225 lbs. down; 240-275 lbs-. [email protected]: heavier weights t 0 ® 3 - 50 or below; 120-150 lbs . $3.7503.85; sows weak. $2.75 to mostly $3a few light weights. $3.25. Cattle—Receipts. 600: calves. 400; slow, peddiing trade on all killing classes at steady to weak terms: a few scattered lots common and medium steers and heifers. $3 a few better finished yearlings upward to $6: beef cows, $3 03.50: a few good kinds upward to $4: low cutters and cutters. $1.75 (5 2.75: bidding. $3.75 downward on bulls: good and choice vealers. steady to weak, 58.50®9: others. 50c to $1 or more ower. Sheep—Receipts. 500; generally, steadv; better grade lambs. $6(0*6.50: scarce, common and medium. $4®5.50; sheep. $2 down. By Times Special LOUISVILLE, Jan. 29.—Hogs—Receipts. 600; 15c lower: 175-235 lbs.. $4.15; 240-295 lbs., $3.85; 300 lbs. up, $3.25; 175 lbs. down, $3.75; packing sows. $2.25 03; stags, $2. Cattle—Receipts, 150; steady; bulk slaughter steers and heifers, $4.50 0 5.50; cows and bulls, $3.50 down; bulk Stockers and feeders, $305; otflves, receipts. 200; steady; best vealers, $8; bulk, $707.50; throwouts, $5 down. Sheep and lambs— Receipts. 100: steady; bulk fat lambs $6; few quoted, $6.25; bulk lambs. $5; throwouts, $3.50 down; fat ewes, $2.50 down. Thursday’s shipments—Cattle, 28; calves, none; hogs, none, and sheep, none. By United Press EAST ST. LOUIS. Jan. 29.—Hogs—Receipts. 11,500: market, opened s®'loc lower; top. $4.10; bulk. 150-220 lbs.. $3.95® 4.05: 220-240 lbs.. $3.8504; 110-140 lbs., $3.50®3.90; sows, largely $3.10(53.25. Cattle—Receipts, 1.000; calves receipts. 600; market, vealers 50c lower at $9; hardly enough other classes on sale to make a market, with some sales steady to weak in cleanup trade; a few medium bulls downward from $3.35: cows, $2.75(53.50; low cutters, $1.500 2. Sheep—Receipts. 800; opened steady to strong; packers talking lower: a few choice lambs to city butchers. $6.50: packers talking $6 down; common throwouts. $3.50(54: fat ewes. $2.50®3: lambs. 90 lbs. down: good and choice. [email protected]; medium. $4.50(55.50; all weights, commbn. $3.50®4.50; ewes. 90150 lbs., medium to choice. $1.50®,3; all weights, cull and common, $101.75. By United Press LAFAYETTE. Ind.. Jan. 29.—Hogs—Market. 10®25c lower: 160-180 lbs.. $4: 180-200 lbs.. $3.90; 200-225 lbs.. $3.85: 225-235 lbs.. $3.75: 235-250 lbs.. $3.70: 250-275 lbs.. .'3.60: 275-300 lbs.. $3.50: 300-325 lbs.. $3.40: USO--160 lbs.. $3.75: 130-150 lbs.. $3.50: 100-130 lbs.. $3.25; roughs. $2.75 down; top calves. $8.50: ton lambs. $5.50. By United Press CLEVELAND, Jan. 29.—Hogs—Receipts, 1,100: holdover. 400; 10®25c lower: 160230 lbs.. $4.15®54.25: Top. $4.25; 240-300 lbs. $3.90® 4; pigs, $3.50 down. Cattle — Receipts. 200; most of 300 steers unsold; scattering. s4® 5; around steady, grade common to low in medium; cows and bulls dull unchanged; calves, receipts. 150; steady: vealers. $9.50010: cull to medium. s6® 8.50. Sheep—Receipts. 1.000: wooled lambs, active; strong to mostly 25c higher: good to choice, largely $6.50: best held around $6.75; most throwouts, $5.25® 5.50; good clipped lambs, $5.75. By United Press TOLEDO. Jan. 29. Hogs Receipts, light; market. 15025 c lower: heavies, $3 25 0 3.50; mediums. $3.5003.75; vorkers, $3 25®3 50; pigs. $3.25 0 3.50. Cattle— Receipts, 20: market, slow; calves, receipts, light; market, steady. Sheep—Receipts, light; market, slow.

BELIEVE IT OR NOT

VmHlk ml Jessie.salTer \ WiS Mail --i bw—\ jfti,. lf IfflL RODE A MILE _ ~ I . / If 1! m 34% seconds ™ human Rock / \ 7/| ona , ANDY FELKINS'4 H&milton.AU. it ftoME Trainer” -everv bone., /muscle, tendon and ligament yM ""a. m HIS 6oov TuRMED T ° stone

Dow-Jones Summary

Bell Telephone Company of Pennsylvania, in year ended Dec. 31. 1931. reported net income of $10,912,822 after interest, taxes, etc., against $10,501,810 in 1930. Horn and Hardart Company of New York declare!) the regular quarterly dividend of $1.75 on preferred stock, payable March 1. of record Feb. 10. Denver & Great Western reported net loss in December at $110,150 after taxes and charges, against net income of $106,480 in December. 1930; for year ended jsc. 31. 1931. preliminary net loss amounted to $225,652 after taxes and charges, against net income of $1,684,281 in 1930. E. I. DuPont DeNemours & Cos. in year ended Dec. 31. 1931, earned $4.29 a share on average common shares outstanding, against $4,67 in 1930. Louisana & Arkansas Railway In year ended Dec. 31, 1931, surplus after interest amounted to $728,995, against $570,291 in 1930; December surplus after interest equaled $20,143, against $12,056 in December, 1930. McCrory Stores Corporation has deferred action on quarterly dividends of 50 cents each on common and common B stocks. Canadian Pacific December net operating income amounted to $3,676,607, against $4,203,713 in December, 1930; twelve months $27,763,898. against $38,687,673. Southern Pipe Line Company declared the regualr quarterly dividend of 50 cents, payable March 1, of record Feb. 15. Bethlehem Steel Company omits common dividend, but declared the regular quarterly dividend on preferred, and earned 12 cents a share on preferred in year of 1931: net loss in fourth quarter amounted to $1,776,938; orders on hand Dec. 31, 1931, totaled $41,514,877, against $68,426,595 on Dec. 31, 1930. New England Telephone and Telegraph Company in year ended Dec. 31, 1931, net income amounted to $11,675,225 after taxes and charges equal to $8.76 a share on 1,333.457 shares outstanding at end of year, against $11,432,022 in 1930 equal to $9 a share on average shares during the year and $8.58 a share on 1,332,029 shares at end of previous year. Bower Roller Bearing Company declared the regular quarterly dividend of 25 cents, payable April 1, of record March 15. Report of Central States Electric Corporation for year ended Dec. 31, 1931, show consolidated income including stock dividends valued at market prices following respective dividend fifecord dates of $6,587,285; deductions for interest, discount taxes and operating expenses amounted to $2,781,715, leaving balance of $3,805,570. Cord Corporation reports for year ended Nov 30. 1931, consolidated net income of $582,788 after charges, depreciation, federal taxes and adjustment of minority interest equivalent to 26 cents a share on 2,260,000 shares of capital stock; this compares with net income of $1,477,477, or 65 cents a share on the same basis for the previous year. Shenandoah Corporation net asset value as of Dec. 31, equaled $25.12 a share on preferred stock, against $80.06 in 1930. Blue Ridge Corporation reports net asset value as of Dec. 31, equaled $57.85 a share on preferred stock, against $92.93 in 1930. Other Livestock By United Press FT. WAYNE. Jan. 29.—Hog—Market. 25 cents lower: 100-140 lbs.. $3.25; 140-160 lbs.. $3.50: 1600-200 lbs.. $3.90: 200-225 lbs.. $3.80; 225-250 lbs.. $3.70: 250-275 lbs.. 13.60; 275-300 lbs.. $3.50; 300-35 lbs.. $340; roughs. $2.75; stags. $1.50: calves. $9; lambs, $5.50. By United Press EAST BUFFALO, N. Y., Jan. 29.—Hogs —On Sale. 3,300; rather slow; largely to packers; generally 10c under Thursday’s average: bulk 160-210 lbs., $4.50; mixed offerings with light end, $4.35; 230-250 lbs.. $4,250/ 4.40: 260-320 lbs., $3,850/ 4.15; weights below 150 lbs., $3.65(24.15. Cattle —Receipts. 250; cows, active, steady; cutter grades. s2@3; low grade steers and heifers draggy; bulk unsold; few common kinds, $4.75; calves, receipts. 600: vealers active, mostly steady at Wednesday’s average; good to choice $lO to mostly $10.50; common and medium, $6.5008. Sheep —Receipts, 1,800; lambs, barely active, 15® 25c higher; bulk better lots, $6.75; one load. $6.85; inbetween kinds, $6.25®6.50; common and medium, $5.250 6. VIE WITH WASHINGTON 1932 Anniversary of Copernican Theory, Socrates’ Birth. By Science Service PALO ALTO, Cal., Jan. 29.—The birth of the great patriot, George Washington, is not the only anniversary to be celebrated this year, it is pointed out in a report by Prof. W. C. Eells of Stanford university, to the journal. School and Society. Three hundred years ago this month Galileo’s famous work “Dialogo dei Due Massimi Sistemi del Mondo,” expounding the Copernican theory was published. Twentyfour hundred years ago another great man was born —Socrates. Just one hundred years ago the first public school In Chicago was opened, and special legislation was passed providing for free public schools in New York City. In 1832 also, six of our colleges were first opened.

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

Following is the explanation of Ripley’s “Believe It or Not” which appeared in Thursday’s Times: The Tree That Swallowed a Mill Wheel —The famous Grito de Independicia was uttered by Carlos Manuel de Despedes on the site formerly occupied by a sugar mill at Demajagua, Yara, Cuba, on Oct. 10, 1868. After the mill was destroyed a centrifugal wheel of the mill was left lying on the site. Through the wire spokes of the wheel a jaguey tree (species of liana) grew, until it is now in the complete embrace of the wheel, permanently gripped by the tree. Saturday: Shakspeare's Request to His W’idow.

Produce Markets

Eggs (country run)—Loss off delivered in Indianapolis. 12c: henerv aualitv No. 1. 14c* No 2 0c Poultry (Buying prices)—Hens weighing 5 lbs. or over isc: under 5 lbs.. 14c; Leghorn hens. 10c: broilers, full feathered. 3Vi lbs. and uup. 12c; barbeback. 9c: Leghorn broilers. 10c: spring chickens. 6 lbs. and up. i3c: under 12c: old cocks. 7c: ducks, full feathered. 9c: geese. 6c. These prices are for No 1 ton aualitv quoted bv Kinean & Cos Butter (wholesale)—No. 1. 27028 c: No. 2. 24®25c. Butterfat—2lc. Cheese (wholesale selling prlc% per pound i—American ioaf. 23V4c; pmaento loaf. 25%c; Wisconsin firsts. i9c: Longhorns. 19c: New York Überger. 300. By United Prdss CINCINNATI, 0., Jan. 29.—ButterSteady; creamery in.tub lots according to score, 17@21c; common score discounted 2@3c: packing stock No. 1,18 c; No. 2,12 c; No. 3,8 c; butterfat, 17®19c. Eggs —Lower; cases included: extra firsts, 15’/ 2 c; firsts, 14Vis: seconds. 12c; nearby ungraded, 14Vic. Live poultry—Thin and coarse stock sells only at heavy discount; fowls. 5 lbs. and over, 15c; 4 lbs. and over, 15c; 3 lbj. and over, 15c; Leghorns, 3 lbs. and over, 12c; roosters, 9c; broilers colored, 1 lb. and over, 20c; lVi lbs. and over, 20c; 2 lbs. and over, 20c; fryers, 3 lbs. and over, 20c; partly feathered, 12c; Leghorn broilers,- 1 lb. and over, 15c: lVi lbs. and over, 15c: 2 lbs. and over, i2c; Leghorn stags, 10c; colored stags, 12c; black springers, 10c; roasting chickens, 4 lbs. and over, 18c; ducks under 3 lbs. sell at liberal concessions; duqks, white, 4 lbs. and over, 14c; under 4 lbs., lie; colored 4 lbs. and over, 14c; under 4 lbs . 11c; capons. 8 lbs. and over, 23c; under 3 lbs., 19c; slips, 12c; turkeys, No. 1 hens, 8 lbs. and over, 25c; young toms No. 1, 10 lbs. and over, 22c. By United Press NEW YORK, Jan. 29.—Potatoes—Market inactive; Long Island, 90c®52.25 barrel; southern. $2 per crate; Idaho, $2.25® J;SO sack: Bermuda. s4@9 barrel: Maine. $1.5002 barrel; Canada. $1.40®2.50 barrel Sweet potatoes—Market, dull; jersev baskets, 40c®$1; southern baskets. 40@65c dull - spot’s patents, $4.30 ®4.5°. p qrk—Market, dull: mess. $17.50. . easy: middle west spot, [email protected]. Tallow—Market, quiet: special to extra, 02%®.02%c. Dressed poultry— Market, irregular; turkeys. 19®27c; chickens, 15@33c; fowls. 10@23c; broilers. 15® 27c; capons. 18®34c; ducks. 10@16c: Long Islands ducks, 18@19c. Live poultry ?* arket - irregular; geese, 11® 15c; ducks, 11®21c; fowls. 15®18c; turkey*. 15®32c; T2? s^rs> 10c: chickens, 15®2ic; broilers, 13®22c; capons, 17®30c. Cheese—Market, 81ate whole milk, fancy to special, 12@18c; young Americas. 13@13VaC. By United Press CHICAGO. Jan. 29.—Eggs—Market, unsettled: receipt*. 7.405 cases: extra firsts. 15 Vi ® 15V4c; current receipts. 14®14Vic: seconds. 10®12c. Burter— Market, weak: receipts. 7.829 tubs; extras 21c; extra firsts. 20V1@20 , 2C*. firsts. 19' 2 © 20c: seconds. 18Vi®’19c: standards. 21c. Poultry—Market, steady; receipts, no ears in. 1 due: fowls. 14%: springers. 17c: Leghorns. lie; ducks. 17@20c: geese. 13c: turkeys. 15®20c: roosters. 10c. Cheese— Twins. 11 3 4®12c: voung Americas. 12V4® 12Vic. Potatoes—On track. 231; arrivals. 48; shipments. 684: market, weak; Wisconsin Round White. 75080 c: Idaho Russets. $1.4001.50: Nebraska triumphy. $1.0501.10. By United Press CLEVELAND. Jan. 29.—Butter—Extras. 25c; standards. 25c; market, weak. Eggs— Extra firsts. 16c: current receipts. 14'?i>c; market, unsettled. Poultry—Heavy iowls, 16@17c: medium. 16@17c: Leghorn. 13® 14c: smooth springers. 16®18c: ducks. ?0c; turkeys. 25c: geese. 15c; stags. 14c: market, steady. Potatoes—Ohio best 45c per bushel. Maine Green Mt.. slOl.lO per 100-lb. sack: Idaho Russet large, $2.1502.25: medium to large. $1.95@2 per 100-lb. sack. Births Boys Jesse and Ruth Higginbottom 1441 Lee. Robert and Sarah Riedlinger, 3726 Keystone. Clyde and Irene Morton, St. Vincent’s hosp'ital. Leotas and Maytle Bannister, 1951 Forrest and Retta Judd, 1133 Arnolda. Ivan and Dorothy Thompson, 1709 North Somerset. Charles and Olive Ormsby, 2108 Morgan. Girls Matthew and Pearl Brown, 1916 North Lewis. Roy and Helen Neville, 4251 Otterbein. Charles and Clarissa Lay, Christian hospital. Twins Merritt and Mary Osborn. St. Vincent’s hospital, boy and girl. Deaths Christiana Mary Kryter, 75, 607 South State, chronic myocarditis. Naomi Conner. 40, Long hospital, pulmonary tuberculosis. Marie Yocum, 11 mos., 1310 Blaine, carcinoma. Anthon Wampner, 80, 1436 Williams, chronic myocarditis. Matilda P. Newson. 56, 1133 South Meridian. chronic myocarditis. Andrew Henry. 47. city hospital, broncho pneumonia. Clara Jackson. 31, city hospital, pulmonary tuberculosis. RAW SUGAR PRICES —Jan. 28High. Low. Close. January 1.22 1.20 1.22 March 1.03 1.01 1.02 May 1.05 1.04 1.05 July 1.11 1.09 1.11 September 1,16 1.14 1.16 December 1.23 1.19 1.31

Y Registered O . JLf 1 Patent Office RIPLEY

Bright Spots of Business

By United Press NEW YORK, Jan. 29.—More than three billions of dollars worth of building of all kinds will be reared in the United States during the current year, according to Architecture, published by Charles Scribner’s Sons. YOUNGSTOWN.—More than 400 men will return to work at the Warren Toll and Forge Company plant at Warren, 0., within a few days to fill orders accumulated during three months of litigation over receivership. KEARNEY, N. J. —Federal Shipbuilding and Dry Docks Company received more than $1,000,000 in contracts for reconditioning six vessels of the American Diamond Lines. CONCORD, N. H.—The shoe industry in New Hampshire now is operating at 70 per cent of capacity, against 25 per cent three months ago, when thd 1931 low point was reached, it was reported. NEW YORK.—Pennsylvania Water and Power Company reported for 1931 net income of $2,056,).41, compared with $1,957,797 in 1930.

Indianapolis Livestock Review

FOR WEEK ENDING THURSDAY, JAN. 28. (By U. S. Dept, of Agriculture) CATTLE Some of the depressing influences affecting the cattle trade during the last few weeks were modified or removed and trade as whole during the first four market days of the current week has proven more satisfactory to all parties. Marketing through terminal markets were slightly reduced and the eastern beef trade showed more animation than has been noticed recently. Some improvement in that branch of the industry encouraged packers to restock coolers from which some burdensome supplies had been removed. Considering the reduced supplies, slightly cooler weather and a slight improvement in the movement of dressed meat into consumer hands, a moderate price upturn was to be expected. This probably did not amount to more than 25 cents usually on steers and heifers that were hard to move at any price last week. Th® most outstanding feature of .the week’s trade in the cattle division appears to be a restoration of confidence, or at least a feeling that values can not always move in a downward direction. With the exception of a few loads of good and near choice steers to sell above $7. Indianapolis supplies consisted chieflv of common and medium offerings in a price sptead of $4 to $5.35. Better medium weights cashed at $7. some lightweights at $7.35. with an extreme too of $8.25 paid for good 1.236 pound bullocks. Heifers moved up a little, or at least moved. That is more than could be said for some of them last week. Most of the supply cashed from $3.50 to $5.50 although a few small lots and ndd head reached $6.50. Common kinds sold down to $3. Cows xheld to a steady level, oossibiv strong in snots, but still within a range of $3 to $4: low cutters and cutters. 11.50 to $2.75. usually $1.75 to $2.50. Vealers moved at steady prices until today, when light supplies and urgent orders prompted a 50-cent advance. Today’s top for strictlv choice handvweight vealers reached $9.50. but for the period under review most good and choice, offerings realized $8.50 to $9. Lower erades Tanged downward from $7.50 to $4.50. HOGS In spite of the fact that marketings throughout the country were considerably above last week’s volume, the local situation favored selling interests. Supplies did not show the expansion noted at some other markets, the curtailment locally being attributed largely to soft roads and unfavorable trucking conditions. Prices were relatively high and daily clearance almost complete. Local packers were in the market at all times and shipping interests continued to operate freely when prices were not out of line with nearby centers. To maintain this relatively high price level it is essential that daily marketings be held to normal proportions and at least within trade reouirements. For the week, a net gain of 10 cents has been registered. Bulk prices today for 160 to 325-pound averages are $3.80 to $4.30, latter for most lights. Last comparable weights bulked at $3.70 to $4.20. A slight shift in the schedule for pigs and light lights lifted the 150 to 160-pound light lights to $4.25 Wednesday. A dime was tak'n off today and 130 to 160-pound light -s are listed at $3.90 to $4.15 with light at $3.85. king sows have been juggled around >n $3 to $3.50 during the week. Most 1 se selling above $3.25 at any time ,ight and near ’’straight,” sometimes k. jed “shortoffs.” SHEEP Lamb trade fluctuated mildly but held rathfer closely to last week’s trend with perhaps a slight gain in price. Tuesday proved to be the nigh spot again with a top of $6.75 appearing. On most days $6.50 has been hard to realize and $6.60 took a lot of quality and talk. Fed westerns still arrive in considerable volume, but the movement seems to be well controlled and regulated to trade requirements. , Bulk sales fed westerns for the week range from $6 to $6.75. mostly ..6.10 to $6.40. sdtnetimes $6.50 and $6.60. depending upon the severity of sorting. Natives sold up to $6.50 but not often and throwouts of all descriptions ranged downward to $4 and less. NEW YORK COFFE RANGE —Jan. 28— High. Low. Close. March 5.74 5.70 5.70 May 5.85 5.82 5.85 September 6.05 6.01 6.05

Specialists In Unlisted Securities Edw. W, Zaiser Securities Corporation 414 Continental Bank Bids. Riley 4M3

PAGE 17

WHEAT MOVES UP IN UNEVEN TRADINGRANGE Reported Cold Wave Bullish Factor Early; Corn Irregular. BY HAROLD E. RALWTLLE United Press Staff Correspondent CHICAGO, Jan. 29.—Wheat advanced unevenly on the Board of Trade at the opening today with traders rather uncertain. The cold wave is bearing down on the winter wheat belt with 16 degrees below zero reported in parts of the northwest, but stocks were weak, offsetting this to some extent. Shorts accepted profits at Liverpool and that market had a minor advance. Sales Are Light Action was not heavy at the start and the absence of pressure was a factor in the bulge. Corn was unevenly steady with distant months easy. Oats was dull but firm. At the opening wheat was unchanged to s * cent higher; corn was % cent lower to % cent higher, and oats was M cent higher. Provisions were weak. As expected. Liverpool was slightly higher, showing % to ’i cent up at mid-afternoon. / Cash Corn Dull Corn traders believe that May, around 40 cents, is a purchase, but. do not expect an advance owing to the large supplies on farms. Country roads are freezing up, which is expected to aid the movement to market. The cash demand still is atrophied. Numerous blizzards are reported in lowa. The prospects of a cold wave had no effect on oats. There has been an increase in the winter acreage as a result of the curtailment of cotton planting and this offsets bullish factors. Chicago Grain Range WHEAT— ~~ Jan - 29 ~~ prc^ High. Low. 11:00. cloS*! Mar 55% .5%% .55% .55% May 58% .57% .57% .58 SePt .59% .59% .59% .58% CORN— M ar 38 .37% .37% .37/4 Mav 40% .40% .40% .40% £UIV 42 .41% .41 % .42 Sept 43% .43 .43 .43% OATS— Mar 24% Mav .25% .25% !% :25% July 25 .25 RYE— Mav 46' 4 .45’, .46 .45% July 46% .46% .46% .46% LARD— Mar 5.05 5.05 Mav 5.17 5 20 u| y 5.30 5 32 Sept 5.40 By Times Special CHICAGO. Jan. 29.—Carlots: Wheat. 19: corn. 76; oats. 17; rye. 3. and barley. 1. By Times Special „.£ HI . CA 9O' Jan- 28.—Primary receipts: Wheat. 606,000 against 1.080.000; corn. 0f0'222 a J?A inst 709.000; oats. 197.00 against 152-522- Shipments: Wheat. 400.000 against o 8 a22 0: corn 189.000 against 541,000: oats, 89.000 against 318.000. By United Press TOLEDO. Jan. 28.—Cash grain: close; Elevator prices—Wheat—No. 2 red. 60® 61c. Com -No. 2 yellow. 39®40c. Oats— No. 2 white, 28®29c. Rve—No. 2 48c Grain or track. 28%c rate. Wheat—No. 2 red, 55®55%c; No. 1 red. 1c premium Corn—No 2 yellow. 34%®35c; No. 3 velJow. 32%®33%c. Oats—No. 2 white. 25® 26c; No. 3 white. 23%®25c. Clover *8.75: February. $8 75; March. 58.90; July. *8.75. Alsike—Cash. $8.75; February. $8.75; March. $8.90. Butter—crea ’T' ery . 23 ft 26c. Eggs—Extras. 14%@15c. Hay—Timothy, per cwt. 1. By United Press „.£ HT . CA C?O. Jan. 28.—Cash grain close: Wheat—No. 3 red. 56%c: No. 4 red. 55c; No. 3 yellow hard. 56%c: No. 4 yellow hard. 53%c: No. 3 mixed. 56%c. Corn— N°. 3 mixed. 36®37%c; No. 4 mixed. 36% ®36%c: No. 3 yellow. 35®37%c: No. 4 yellow. 34%®36%c: No. 2 white, 39c: No. 3 white. No 4 white. 3fi , Oats—No. 2 white. 2526 c: No. 3 'white. 24®24%c; No. 4 white. 23% c. Rye—No 2 Barley—42® 58c. Timothy—s3.so® 3.75. Clover—sß W 14.75.

Cash Grain

—Jan. 28— The bids for car lots of grain at th call of the Indianapolis Board of Trade. L o b. shipping point, basis 41 %c New York rate, were: Wheat—Steady: No. 1 red. 46®48 C; No. 2 red, 45® 47c; No. 2 hard. 45® 47c. Corn—Steady; No. 3 white. 26®27c: No. 4 white, 25®26c; No. 3 yellow. 26® 27c; No. 4; yellow. 25®26c: No. *3 mixed. 25® 26c; No. 4 mixed. 24®25c. Oats—Steady; No. 2 white, 20%®21%c; No. 3 white. 19%®20%c. . a y~Steady (f. o. b. country points taking 23%c or less rates to Cincinnati or Louisville): No. 1 timothy. $7®7.50; No. 2 timothy, $6®6.50. _ —lnspections - h ® at^r No ,- 2 5 cars, No. 3 mixed, 1 car. Total, 9 car* Corn (new)—No. 3 white. 1 car; No 4 1 car; No. 2 yellow, 1 car; No. 3 vellow 5 i ar ,H N °r > , ye lL 0W - 8 cars : No - 3 mixed. 1 car. Total. 17 cars i ? ite ' 11 cars: No - 2 mixed. 1 car. Total, 12 cars.

Local Wagon Wheat

Citv grain elevators are paving 45c for No. 2 red wheat and 45c for No. 2 hard wheat.

Net Changes

By United Press NEW YORK, Jan. 28.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Allied Chemical 67% % American Can 59% “ s® American Telephone 113% i% Auburn 1361/2 *’ 4 Bethlehem Steel ig3 /g */, Case 36% " 1 Consolidated Gas 58% ‘ % Du Pont 49% ” 1 General Electric unchanged.. 20'i General Motors 20% % International Nickel 8 !. % International Telephone 9% % Loew’s Inc 27% % Montgomery Ward 8% i % N Y Central 31% .. 1 North American 32% .. % Paramount 9 .. % Pennsylvania 21% .. % Public Service 53 .. % Radio, unchanged 7% Sears Roebuck 31% .. % Standard Gas 28% % Stand Oil N J 25% .. % Union Carbide 29% .. % U S Steel 37% .. % Westlnghouse Electric 241* .. % Woolworth 41% .. 1%

Zaiser & Zaiser Incorporated Brokers Stocks and Bonds 133 E. Market Lincoln 9315 Lincoln 5167

James T. Hamill & Company Private Wire* to Aii Leading Markets Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associated New York Corb 203 Continental Bank Bldg. Tel. Rile? 8195 Riley 8494