Indianapolis Times, Volume 43, Number 236, Indianapolis, Marion County, 10 February 1932 — Page 11

FEB. 10, 1932.

STOCKS MEET LIGHT SUPPORT IN DULL TRADE List Marks Time Waiting for U. S. Steel Tonnage Report.

Average Stock Prices

' Average of thirty Industrials for Tuesday 72 38. off 1.07. Average of twenty tails 32.78 off .25. Average of twenty Utilities 29 94. ofT .39. Average of forty bonds 78.24, off .35. By i nited press NEW YORK, Feb. 10s—Unfilled orders of the United States Steel Corporation fell 87,203 tons to a total of 2,648,150 tons daring January, the lowest volume of unfilled business since the latter part of 1009. On Dee. 31, 1931, unfilled tonnage stood at 2,735,353; on Nov. 30, at 2,933,891, and on Jan. 31, 1931, at 4,132,351. BY ELMER C. WALZER United Press Financial Editor NEW YORK, Feb. 10.—The stock market met moderate support today after declining to new low ground since Jan. 5, and as noon approached the list was near pre- ’ Yious closing levels. The Street was awaiting the monthly report on United States Steel unfilled tonnage as of Jan. 31. At one time this caused some selling in Steel common, the issue dipping to 37%, of! s i. The stock rallied a point from the low before frioon. Railroad shares were considerably stronger today, with traders reassured by the ability of the group to keep above the bear market lows. Auburn Hits New Low ’ ' Atchison, which made anew low for the major decline at 71, came tack to 72’ i, up % net. Union Pacific rose to 69%., up 2 points from the previous dose, and others of the group made fractional gains. Auburn Auto was forced to anew Jow for the year at 91%, off 5% from Tuesday’s final fignres. It rallied to 93Vi. Case was firm at 27% and fractional gains were recorded In Woolworth, Westinghouse Electric, Du Pont and General Motors. American Telephone touched 109%. off lVt points, and within 2 points of its bear market low. It ralied a point from the low. Consolidated Gas made anew low at 54%, off %, and then recovered nearly all the loss. Utilities Turn Irregular Around noon utilities were irregular in a narrow range. Steel’s firmness was ascribed to the report the corporation had received a contract involving $35,000,000 from American Can Company for the latter’s tinplate requirements. This order had been delayed for some time and its consummation was taken to indicate American Can officials’ opinion the tinplate market had hit its low in price. , Steel prices generally were still soft in many sections, but the Iron Age found some producers making efforts to bring a rally.

Bank Clearings

INDIANAPOLIS STATEMENT —Feb. 10Clearings $2,436,000.00 Debits 5,503.000.00 TREASURY STATEMENT —Feb. 10Net balance for Feb. 8 $599,181,936.64 Expenditures 18,465,466.30 Customs rects. month to date 6,605,978 61

New York Curb Market

(By Thompson & McKinnon) —Feb. 10— 11:001 11:00 Alum Cos of Am 45 |Ford of Eng... 5*41 .Am Cyanamid.. 3 Hudson Bay .. 2 Am Gas & Elec 32*4 ! Humb!e Oil' .... 42% Am Lt & Trac.. 19 Midwest Util .. 3 8 Am Sup Pwr.. 3%|Newmont Min .. HR. Ark Gas (A). Dai Nat Bd & Share 19'•> Asso Gas & El 4 iNia Hud Pwr... 6’ Cent Sts Elec .. I*. St Regis Paper 3% Cities Service.. SVSeI Indus ... . I*4, Cons Gas of B. 59'ilstd of Ind . 14*. Com Edison ...103'.iiUn Lt <fe Pwr!. 6 Cord 4*4 Un Verde 3*4 Deere A- Cos 8 lUt & Indus ... 2> Eire B &; Share 9*4 Ut Pwr . 2% Elec Pwr Assn 2 V,! van Camp ..... r a Ford of Can .. UVUn Fndrs l*.

Net Changes

'T>ii United Press NEW YORK, Feb. 9.—Closing prices and net changes on principal issues traded on the New York Stock Exchange today: . , Uo. on. Allied Chemical American Can 57>, ... s Amcr Tel & Tel 11l ... 1 Auburn Auto 97'; ... #l4 Beth Steel 16', ... Case J I 26 7 b ... 1 Chrysler 10'i .. A, Cons Gas 55'4 ... I\, Hu Pont 46 3 4 ... 178I 7 8 Elec P & L 11V, ... .. General Electric 17’, ... Gen Motors 20 ... ’* Int Tel it Tel ............. B's... u Loew's Inc 25 : V ... 4, Lorillard 13', ... H Montcomerv Ward 7>4 ... 3 g National Biscuit 38', ... N Y Central 24’, ... North American 31 ... 1 2 Pennsylvania R R lS’i .. * Public Service 49 5 , ... s; (standard Brand 12', >4 ... Standard Gas 26*4 ... 14 Standard Oil California .... 23 3 ; ... Standard OH New Jersey... 25- 1 , ... ] Texas Corn 10’, ... Tra.nsamerica 3', Va ... United Corporation 8- 1 , ... ’ tr S Steel 38>, ... l>, , Wcstinehouse Electric 33- 1 , ... > 2 Wool worth 38'* ...

Investment Trust Shares

(Bv Gibson k Bernard) TRICE ARE TO 12 NOON C. S. T. —Feb. 10— * „ J Bid. Ask. Am Founders Corn com ....... % % Am A-Gen Sec A 3% ... Am Inv Tr shares 1% 2% Basic Industry shares 2 Collateral Trustee shares A.. 3 4% s *4% Cumulative Trust shares..... 33% Diversified Trustee shares A.. 6% ... Fixed Trust Oil shares 1% ... Fixed Trust shares A 6% ... Fundamental Trust shares A.., 3% 3% Fundamental Trust shares 8... 3% 3% Leaders of Industry A 3% ... Low Priced shares 3% 3% Nation Wide Securities 2% 3% Selected American shares 2 2 s * Selected Cumulative shares .... 5% 5% Selected Income shares 2% 3 s * Shawmut Bank Inv Trust .... 1 3 Std Am Trust shares 2% 3% Super Corp of Am Tr shares 33% Trustee Std Oil A 3% Trustee Std Oil B 33% trifled Service Trust shares A 2% 2 s * TT S Flee. Light k Power A... 17 19 Universal Trust shares 2% 2% Chicago Stocks Opening (By James T. HamiU & Cos.) —Feb. 10— Asso Tel Util.. 6% Houd Hersh A.. 8% Bendix Aviation 15V Insull com 2% Bore Warner .. 9% Mo aKn Pipe L 1 Central 111 pfd. 13 Middle West ... 4 Cent Pub Ser A I*l Nob Spnrks .... 12 Cities Serv —5% Sbd Utilities ... 1 Cord Corp 4VBwtft k Cos .... 17% Cont Chi com.. 18% Utah Prod .... a* Com Edison ...102 Zenith Radio .. % NEW YORK COFFEE RANGE -Feb. 9High. Low. dose. March 6.10 6.10 6.10 May 6.27 6.21 6.21 .July 6.27 6.30 6.50 September 6.48 6.35 6.35 December 6.51 6.44 6.44

New York Stocks (Bv Thomson At McKinnon)

-Feb. 10Prev. Railroad*— High. Low. 11:00. close. Atchison 71*4 71 71 7144 Ati Coast Line... 2% 28 21 28% Balt k Ohio ... IS 14 s * 1414 15 Chesa k 0hi0... 21% 21V* 21% 21% Chesa Corp 13% 13% 13*4 13% Can Pac 13% 12% 13% 13% Chi N West 8 7% 7% 7% C. RI & P.... 10% 10 10 10V 4 Del L& W 17% 17% 17% 18% Del k Hudson 69 Erie 7 Erie Ist pld *% Great Northern 17% 17% Illinois Central. 11% 1114 11% 11% Kan City So 9% 10 Lou k Nash 21% M. K k T 5 Mo Pacific 7% *4 8% 7% Mo Pacific pld.. 18 15% 15% 16% K V Central.... 25% 24 s * 24% 24% Nickel Plate 6 NY NH k H... 22 21% 21% 22 Nor Pacific 17% 17% 17% 18 Norlolk k West 117% 117% O k W 7 7% Pere Mara 8 Pennsylvania .. 18% 18% 18% 18% Reading 29V* 29% 29% 31 Seaboard Air L ’v% ... So Pacific .... 28% 27% 27% 28% Southern Rv 8% 8% St Paul 2% St Paul Did 3V4 St L k S F. ... 3% 3% 3% 3% Union Pacific ... 67% 67% 67% 67% Wabash 2% 2% W Maryland 5% 5% Equipments— Am Car & Fdv i ... 7 Am Steel Fd...; * ... 6% Am Air Brake Sh 1214 12% Gen Am Tank 29 29 % General Elec ... 18% 17% 17% 17V, Gen Rv Signal.. 20V* 19% 19% 20% Lima Loco 12% Pres Stl Car 1% Pullman 17% 17% 17% 17% Wcstineh Ar 8... 13% 13% 13% ... Westingh Elec.. 23% 23 23Vi 23% Rubbers— Firestone 12V* 12 12 12% Fisk V 4 Goodrich 4 4 Goodyear 13 Vi Kelly Bprgfld 1% 1% U 8 Rubber 3% 3% 3% 4 Motors— Auburn 97’i 91% 92% 97% Chrysler 10% 10% 10 s * 10% General Motors.. 20 19% 19% 20 Graham-Paige 2% 3 Hudson 8 f% Hupp 3% Mack , 12% Nash 15% 15% 15% 15% Packard 3% 3% 3% 3 s * Peerless Hi 3% Reo 3 Studebaker 10% 10% White Mot 8% 8% Yellow Truck 3% 3% Motor Access— Bcndix Aviation 15% 15 15% 15% Borg Warner .. .. 9% Briggs 8 8% Budd Wheel 3% Campbell Wv... . 5% El Auto Lite 24% 23% 23% 24V* El Storage B 30 30 Hayes Body ...... ... 1% 1% Houda .. 2 Vs Motor Wheel ... .. ... 5% 5 Murray Body ..... ... 6 6 Sparks-W 2% Stewart Warner .. ... 5 5 Titnkin Roll ... 18% 18 18 18 Mining— Am Metals ... 4% 4% Am Smelt 13 12% 12% 12% Anaconda Cop... 9 8% 8% 9 Alaska Jun 15 s * 15% 15 s * 13% Cal k Heel a ... 3% 33 3 Cerro de Pasco 9% 9% Great Nor Ore.. .. ... 12 12 Howe Sound 10% Int Nickel 7% 7% Inspiration 3% Is Crk Coal 15 % Kennecott Cop.. .. ... 9% 9% Magma Cop 6% Nev Cons ... 4% Noranda 13% 13% Texas Gul Sul .. 22% 22% 22% 22% U S Smelt 13Vi 15% 15V* 15% Oils— Amerada 12% ... Atl Rcning 8% 8% Barnsdall 4 % Houston 3% 3% Indian Refining 1% Mex Sbd 6% Mid Conti 5Vi 5Vi Ohio Oil 5% 5V* Phillips 4% 4’/ Prairie Pipe 6% 6% Pr Oil k Gas 4% 4% Pure Oil 4% 4% Richfield % Royal Dutch ... 16% 16% 16% 16% Shell Un 3% 3% Simms Pt 4% 4% 4% 4% Sinclair 4% 4 s /* 4% 4% Standard of Cal 24V* 23% 23% 23% Standard of N J 25% 25% Soc Vac 8% 8% 8% 8% Tevas Cos 10% 10% 10% 10% Union Oil 11% U% Steels— Am Roll Mills.. 8% 8% 8% 8% Bethlehem 16% 16% 16% 16% Byers AM 11% 11% McKeesport Tin 45’% 46V* Midland 8% 8 8 8% Repub I k S 4% 4% U S Steel.*.... 38% 37% 373/* 38% Vanadium 12% 12% 12% 12% Youngst S & W 13% ... Tobaccos— Am Tob A (new) 69% 69% 69% 72% Am Tob B (new) 70 % 70 70 73% Con Cigars 21% ... Lig & Myers (B) 52 51% 51% 52Vi Lorlllard 12% 12% 12% 13V* Reynolds Tob.. 34% 33% 33% 34>/* Tob Pr (A) 8% Tob Pr (B) 4 3% United Cigar ... 1% Utilities— Abitibi 2% Adams Exp .... 4% 4 4 4% Am For Pwr .... 6% 6% 6% 6% Am Pwr &Li 13% 13% AT&T 11l 109% 110% ill Col Gas Ar El.. 12% 11% 11% 12% Com k Sou 3% 3% 3% 3% Cons Gas 55V* 54% 54% 55Vi El Pwr k Li 11% 11 11 11 Gen Gas A 2 2Vn Inti T & T 8% 8% 8% 8% Natl Pwr k Li 12% 12% 12% 12% No Amer Cos 30% 29% 30 31 Pac Gas kEI 32% 32% Pub Ser N J 49% 4r% 48% 49% So Cal Edison.. 29% 29% 29% 29% Std G k El 26 25% 25% 26% United Corp ... 8% 8% BVs 8% Un Gas Imn ... 18% 18 18 18% Ut Pwr k LA.. S% 8% 8% 8% West Union ... 36 35% 36 35% Shinning— Am Inti Corn 5 5% United Fruit ... 22 21 21 20% Foods— Am Sug 23 ... Armour A 1% Cal Fkg 10 Can Drv 11 10% 11 10 Childs Cos , 5 Coca Cola 103 101% 101% 102% Cont Baking A 4% Corn Prod 39% 38% 38% 39Vi Cudahy Pkg 30 Gen Foods 31% 31% 31% 32% Hershey 73% 74% Kroger 13 12% 13 13% Nat Biscuit 38% 37% 37% 38% Natl Dairy 23% 22 s * 22% 23 Purity Bak ... 12% 12% Pillsburv 21 Safeway St 44 44 Std Brands 11% 11% 11% 12% Drugs Drug Inc 49% 49 49 49 Lambert Cos 46% 44% 44% 46% Lehn k Fink... 20% 20% 20% 21%

New York Bank Stocks

(Bv Thomson & McKinnon) —Feb. 9 Bid. Ask. Bankers 54% 55% Brooklyn Trust 197 307 Central Hanover 134 .38 Chase National 33 35 Chatham Phoenix Natl 18% 20% Chemical 30% 32% Citv National % 44 2 Corn Exchange 59% 62 % Commercial 135 143 Continental 14 16 Empire 32% 4 First National 1.495 Guaranty Irving 17 s * ’-8 s * Manhatten k Cos 32% 34% Manufacturers 28% 30% New York Trust 72-2 i5% Public 22 24

In the Cotton Markets

(By Thomson & McKinnon! NEW YORK, Feb. 9.—Looked at from a contract market standpoint, there was little or nothing doing in cotton this morning. Prices were 2 or 3 points lower. Co-operative brokers were selling and locals were bearish. The trade bought on the slight decline. Cotton is moving out of first hands rapidly and every day we are nearer the time when the next crop must be considered. We do not think the outlook for a good crop promising. The winter has been mild to an unusual degree. 801 l weevil survival is probably at a maximum and fertilizer sale remarkably low. It may be said that this is all very well and will have its influence later, but these matters have a way of exerting their influence early. We hear that sales are far ahead of production for the month of January. The weekly trade repQrt of the New York exchange is more favorable than otherwise. V CHICAGO —Feb. a— High. Low. Close. March 6 72 6 63 6.63 May 6.88 6.82 6 82 July 7.04 7.00 7.00 October 7.22 7.18 7.18 T NEW YORK January *. 7.38 7.34 7 35 March 6.61 6.55 6.55 M*v 6.79 6.74 6.75 July 6.95 6.90 6.91 October 7.16 7.11 7.11 December 7.32 7.27 7.27 NEW ORLEANS (No trade, holiday.l

Industrial*— Am Radiator 6 6% Certainteed 2 s * Gen Asphalt 11% 11 Otti Elev 14% Indn* t hem*— Air Red 46% 46 46 46% Allied Chem 64% 62 s * 63 s * 64% Com Solv 7 s , 7% 7 s * 7% Du Pont 46 s * 46% 46 s * 46 s , Union Carb 28 27 s * 27 s * 27% U S Ind Alco ... 22% 21% 21*% 22 s * Retail Store*— Assoc Drv Gds.. .. 6 Gimbel Bros 2 Kreage S S 16 15% IST* 16 May D Store 17 Mont Ward 7% 7'/* 7% 7% Penny J C 27% 27% Schulte Ret St 3 Sears Roe 28% 27% 27% 28% Woolworth .... 38% 37 37 s * 38% Amusements— Eastman Kod .. 75 74% 74% 75% Fox Film (A) 3% 3% Grigsby Grunow 1% 1 1 1% Loews Inc 25% 25% Param Fam .... 7V4 7 7% 7% Radio Corp .... 7% 7 7% 7% R K 0 4% 4Vi 4% 4Vi Warner Bros Vk 2% Miscellaneous— City Ice Ac Fu 27 Congoleum 9% 10 Proc Ac Gam 33% 38 38 38% Allis Chal ... 11% 11% Amer Can 57% 56% 504* 57V* J I Case 27 26% 26% 26% Cont Can 34 33% 33% 34 Curtiss Wr 1% 1% 1% 1% Gillette S R 13% 13% 13% 13V* Gold Dust 16V* 16% Int Harv 22 22 Int Bus M 92 90% 90% 92 Real Silk ... 3% 3% Un Aircraft 13% 12% 13% 13’/* NEW SCHEDULES DEMAND HIGHER TAXATION RATE Congress Begins Work on Bills to Make Up U. S. Budget. BY THOMAS L. STOKES United Press Staff Correspondent WASHINGTON, Feb. 10.—The American taxpayer must go deeper into his pocket to help balance his government’s budget than was anticipated when congress first faced the necessity of a tax increase. This was revealed today on the basis of new treasury estimates showing the effects of the depression upon revenue. Acting Secretary Mills reported that a tax program to raise $1,241,000,000 will be necessary to balance the budget by July 1, 1934, the treasury’s aim, and leaders on the house ways and means committee immediately said their purpose is to balance the budget. This will mean a very broad tax program, and the ways and means committee sat down grimly today to draft a bill that will distribute the burden of increased taxes as equitably as possible. The committee began with the income tax schedules, after a brief survey of this part of its program at yesterday’s meeting . Members of the committee were surprised by Mills’ revised estimates, though they were prepared for bad news. The first estimates submitted several weeks ago, made up in November and based on actual figures for September, called for $920,000,000 additional taxes. Committee members knew revenues were dwindling, but they did not realize the revenue needed would go $455,000,000 beyond the first estimate. The committee’s plan is to draft the income, inheritance and gift tax schedules, estimate the revenue these will bring, and then make up the balance from the various other tax proposals, which include automobiles, radios, amusements, cigarets, electricity, gas, gasoline and oil, to mention the most prominent. If estimates by Acting Chairman Crisp are correct, around $800,000,000 will have to be raised by these excise and miscellaneous taxes. He estimated that even by going beyond the treasury proposals in some particulars on income, inheritance and gift taxes, only between $350,000,000 and $400,000,000 can be raised. Births Girls' John and Dorothy Schneider, St. Vincent's hospital. Remster and Joy Bingham, St. Vincent’s hospital. Corbett and Margaret Nation, Methodist hospital. Alfred and Margaret Cox, Methodist hospital. Cyril and Estelle Weinberg, Methodist hospital. Herbert and Helen La Mar, Methodist hospital. Clarence and Martha Wiggam, Methodist hospital. Paul and Agnes Kernel, St. Vincent’s hospital. Frank and Edith Martin,' St. Vincent's hospital. Herbert and Almeda Allen, 2233 Pleasant. Richard and Helen Hord, 1001 Albany. Theodore and Mary Harwell, 1704 North Arsenal. Roy and Edna Hinton, 1336 West Thirtysecond. Roscoe and Fannie Massie, 963 Colton. James and Ruth Smith, 3834 East Twenty-sixth. Frank and Sarah Haskett, 23 North New Jersey. Mac and Aberia Jefferson, 941 Hosbrook. Edmond and Pauline Strong, 1335 Masschusetts. Richard and Lucky Staks, 1116 North Miley. Elrie and Minnie Westmoreland, 127 West North. Elzie and Esther Melich, 1540 East Fifty-second. Bovs James and Lena Lanagan, St. Vincent’s hospital. Perry and Ola McCain. Methodist hospital. Ralph and Lora Reid, Methodist hospital. Ernest and Lillian Moore. Methodist hospital. Harlos and Blanche Pearse, 656 Arch. Jerome and Clara Riehl, 1015 South Belvieu Place. William and Evelyn Saligoe, 719 North Warman. Arthur and Geneva Smith, 1821V* West New York. Frank id Mary Mesiana, 469 South Pine. Roy and Velma Lawhorn, 854 West Twenty-sixth. Luther and Elsie Cramer, 343 North Pine. Raymond and Katherine Sipes, 2603 East Pearl. Owen and Pearl Nell, 2045 North Adams. Joseph and Edna Root. 209 Geisendorf. Thomas and Violet Lincks, 3330 West Tenth. Bennie and Thelma Mays, 1228 West Twenty-fifth. Mike and Slava Tom, 225 Bright. John and Orpha White. 431 Chadwick. Deaths Ramon Richards, 1, Riley hospital, meningitis, Thomas Hall, 65, city hospital, chronic nephritis. Harry Songer, 53, 1464 Roosevelt, carcinoma. Susie Bowman, 64, 2522 North Sherman drive, cardio vascular renal disease. Robert Gardner. 1 day, Christian hospital. premature birth. Rasmus Jensen, 72, 743 Cottage, septicaemia. John L. Shepper, 69. 419 South Hancock. acute cholocjrsitits. William Tabert, 33. St, Vincent's hospital, peritonitis. Harold D. Meeker, 22, Long hospital, broncho pneumonia. James Harrison, 7 mos., 441 West Fourteenth, whooping cough. In the Air Weather conditions at 9 a. m.: Southwest wind, 26 miles an hour, gusty; temperature, 64; barometric pressure, 29.68 at sea level; ceiling, overcast, lower, scattered clouds, estimated 6,000 feet; visibility, 12 miles; field, soft.

THE INDIANAPOLIS TIMES

PORKERS SHOW GOOD GAINS ON FIRMJEMAND C?!tle, Calf Trade Steady in Cull Range; Sheep Unchanged. Hogs reversed their weak trend of the past two or three days and moved up this morning at the city yards, prices advancing 10 to 15 cents on the average. The bulk, 140 to 325 pounds, sold for $3.85 to $4.30; early top holding at $4.30. Receipts were estimated at 3,000; holdovers were 155. In the cattle market slaughter classes were little changed. Receipts were 1.900. Vealers showed a steady tone at $8.50 down. Calves receipts were 600. Lambs opened around steady, the bulk selling at $6 to $6.75. The morning’s early top was $7. Receipts numbered 1,100. Prices were up 10 to 15 cents as hogs opened at Chicago. For weights of 170 to 210 pounds 54.05 to $4.15 was paid. Some were held higher. Receipts were 19,000, including 2,000 direct. Holdovers were 3,000. Cattle receipts were 6,000; calves 2,500; market strong. Sheep 14,000; 25 cents higher.

HOGS Feb. Bulk. Early Top. Receipts. 4. *l.9siff) 4.40 $4.40 2,000 5. 3.85® 4.55 4.55 3,000 6. 3.75® 4 35 4.35 2,500 8. 3.75® 4.25 4.25 4,000 9. 3.70® 4.15 4.15 4,000 10. 3.85® 4.30 4.30 3,000 Receipts, 3,000; market, higher. (140-160) Good and choice...* 4.00® 4.15 —Light Lights—-(l6o-180) Good and choice.... 4.30 —Light Weights—-(lßo-200) Good and choice.... 4.30 „ (200-220) Medium and g00d... 4.25 —Medium Weights—-(2oo-250) Good and choice.... 4.15@ 4.25 (250-290) Medium and g00d... 3.95® 4.05 —Heavy Weights—-(2oo-350) Good and choice... 3.75@ 3.95 Packing sows* - * (350-500) Medium and g00d... 3.00® 3.50 (100-130)Slaughter pigs 3.50® 3.75 CATTLE Receipts, 1,000; market, steady. Good and choice * 5.75® 9.50 Common and medium 3.00® 5.75 (1,100-1,8001 Good and choice 7.75® 9.50 Common and medium 4.00® 5.75 —Heifers— Good and choice 4.75® 7.00 Common and medium 3.00® 4.75 —Cows— Good and choice 3.00® 4.00 Medium 2.50® 3.00 Cull and common 1.50® 2.50 —Bulls (yearlings excluded)— Good and choice beefs 2.75@ 3.75 Cutter, common and medium.. 1.50® 2.75 CALVES AND VEALERS Receipts, 600; market, steady. —Vealers— Good and choice * B.oo® 8.50 Medium 6.00® 8.00 Cull and common 4.00® 6.00 —Calves— Good and choice 4.00@ 6.50 Common and Medium 2.50® 4.00 Stockers and Feeder Steers— Good and choice 4.00® 5.75 Common and medium 3.00® 4.00 (600-1,500) Good and choice 4.00® 5.75 Common and medium 3.00® 4.00 SHEEP AND LAMBS Receipts, 1,100; market, steady. Good and choice * 6.00® 7.00 Common and medium 3.50® 6.00 Ewes, medium and choice ... 1.75® 3.00 Cull and common 75® 1.75 Other Livestock By United Press 1 Feb. 10.—Hogs—Receipts. 19.000: including 3.000 direct: 10@15c higher; 170-210 lbs.. [email protected]: top. $4.20; 220-250 lbs.. $3.80®4.10; 260-300 lbs.. $3.70 @3.80: 140-160 lbs.. [email protected]; pigs. s3® ?^ n o; ,ii ac^inK sows - *3.30®3.40: light dghts. 140-160 lbs., good and choice. $3.85®*.10: light weight. i6O-200 lbs., good and choice. [email protected]: medium weights. 200-250 lbs., good and choice. [email protected]: heavy weights. 230350 lbs., good and choice. [email protected]; packing sows. 275-500 lbs., medium and good. $3.25® 3.50; slaughter pigs. 100-130 lbs., good and choice. [email protected]. Cattle—Receipts, 6.000; calves. 2.500: general steer trade fairly active and strong to 25c higher: $9.25 paid for long vearlings: pest weighty steers, $9: bulk steers selling at [email protected]: getting better action at stronger prices. Slaughter cattle and vealers—Steers. 600-900 lbs., good and choice. [email protected]: 9CO- - lbs., good and choice. $7(5 9.75: 11001300 lbs., good and choice. $7®9.75: iSOO--1500 lbs., good and choice, s7@9 75: 6CO- - lbs., common and medium. $3.75@7: heifers. 550-850 lbs., good and choice. $5.25 @6,75: common and medium, [email protected]; cows, good and choice. [email protected]; common and medium. $2.50@3: low cutter and cutters. [email protected]: bulls, vearlings excluded, good and choice beef. [email protected]: cutter to medium. $2.25®3.35: vealers. milk fed. good and choice. [email protected]: medium, s6@7: cull and common. $3.50@6. Stocker and feeder cattle—Steers. 500-1.050 lbs., good and choice. $4.25®5.50: common and medium, [email protected]. Sheep—Receipts. 14.000: nothing done: bidding unevenly lower on filling classes: good and choice lambs, bid. $6.10 @6.35. asking upward to $7. Slaughter sheep and lambs—Lambs. 90 lbs. down, good and choice. $6.25®7.25: medium, ss® 6.25: all weights, common. s4® 5: all weights, cull and common. $1.50®2.75. Feeding lambs. 50-75 lbs., good and choice. [email protected]. By United Press EAST ST. LOUIS. 111., Feb. 10—Hogs— Receipts. 8,000; market, steady to strong; top, $4.20; most 150-220 lbs., [email protected]; 230-290 lbs.. [email protected]; sows largely [email protected]. Cattle—Receipts, 2,200: calves, receipts, 1,000: market, slow; vealers. 50c lower at $8.25: other classes unevenly steady to strong: steers. [email protected]; mixed vearlings and heifers, s4®6; cows, mostly 52.75®3.25; low cutters, principally $1.50® 1.75: top medium bulls, $3. Sheep—Receipts. 800; market, lambs opened steady to 25c lower; sheep, steady: desirable lambs to city butchers, $6.50®6.75; bulk held higher; packers talking $6.50 down; throwouts, [email protected]; fat ewes, $2.50@3; lambs. 90 lbs. down, good and choice. $6.25@7; mediums, [email protected]; all weights common, s4@s: ewes, 90-150 lbs., medium to choice, $1.75@3; all weights cull and common, sl@2. By United Press EAST BUFFALO. N. Y„ Feb. 10—Hogs— On sale, 3,500: slow, mostly to packers; weights below 210 lbs., strong to 5c higher: other weak to 10c lower; 160-210 lbs.. [email protected]: weights below 150 lbs., $3.75® 4.25. Cattle —Receipts. 50; steady; medium steers, $5.50; cutter cows., $2.25@3. Calves —Receipts, 175: vealers weak to 50c lower: good to choice, [email protected]; common and medium. *[email protected]. Sheep—Receipts. 400: lambs steady; good to choice wooled lambs. $6.75®7; common and medium. [email protected]; inferior throwouts downward to $-.' shorn lambs. *6.25. By United Press TOLEDO. Feb. 10.—Hogs—Receipts, 200; market, 10c to 15c lower; heavies, $3.50 @3.75; mediums. $3.75@4; yorkers, $3.50@ 3.65: pigs, [email protected]. Cattle—Receipts, light: market slow. weak. Calves—Receipts, liberal: market. 50c lower. Sheep— R?ceipts, lighi; market, steady. By Times Special LOUISVILLE. Feb. 10.—Hogs—Receipts. 600; lOC higher: 175-235 lbs.. $4.30; 240-295 lbs.. $4; 300 lbs. up, $3.40: 175 lbs. down, $3.90; packing sows, [email protected]: stags, 2.15. Cattle—Receipts. 200: steady: bulk slaughter steers and heifers, s4® 5.25; slaughter cows and bulls, $3 down; light Stockers, $3 @5.25. Calves—Receipts. 200: steady with top vealers at $7.50; bulk, $6.50©7. Sheep and lambs—Receipts. 50: best fat lambs. *6.25; buck lambs. $5.25; throwouts. $3.50 down, and fat ewes. 2.50 down. Tuesday's shipments: Cattle. 163; calves, none; hogs, none, and sheep, none. By United Press CINCINNATI. Feb. 10.—Hogs—Receipts, 4.400. including 2.690 direct: held ever 250: slow, unevenly steady to 15c higher; better grade 160 to 235 lbs„ $4.35®4.50; mostly $4.50 on around 215 lbs. down: 240300 lbs.. *4©4.25: 120-150 lbs.. $3.85©4: sows. [email protected]. Cattle—Receipts, 500: calves. 400: generally steady; common and medium steers and heifers largely s4® 5.25; better finished kind practically absent; a few beef cows. [email protected]; low cutters and cutter cows. *1.75©2.75; bulls. $3.50 down; vealers mostly 50c lower: good and choice, $8©8.50: lower grades. $7.50 down; Sheep, $3.75: better grade lambs, weak to 25c lower: others about steady; a few good lots. [email protected]; best ouotable, *6.75; common and medium, $4.50© 5.75. By United Press FT. WAYNE. Feb. 10—Hoes—Market. 15c higher: 100-140 lbs., *3.45: 140-160 lbs., $3 70: 160-200 lbs.. $4.15: 200-225 lbs.. $4 05; 225-250 lbs.. $3.90: 250-275 lbs.. $3.75; 275300 lbs., $3.65: 300-350 lbs., *3.55. Roughs. $2.75; stags, *1.50; calves, $8.50; iambs. *5.75. By United Press LAFAYETTE. Ind., Feb. 10—Hogs—Market, 10@20c higher: 160-200 lbs., $4.10: 200-225 lbs., *4.05: 225-250 lbs., $4: 250-275 lbs . *3.90; 275-300 lbs.. *3.75; 300-325 lbs., *3.60: 140-160 lbs.. $3.75: 120-140 lbs., *3.50: 100-120 lbs., *3.25. Roughs, $2.85 down; top calves, $7.50; top lambs, $4,

BELIEVE IT OR NOT

——^... I. , (KfxsSSSC \ irpisTi Jf£T\ % %c C. OROWN -<4 Boswell, M. llf SIGNS tH fAUSIC AM'Mt '•v***^ of the env of Boston over the wau.^ J) JBu -HAS NEVER . *>> gjlplF DUO A QRAVC f t ■© 1832.KjosFfaturnSyndicate,tpc,Great Bri(iorighton*errL | ~ - ~ "g‘ m

Bright Spots of Business

By United Press NEW YORK, Feb. 10—New York Telephone Company will spend $76,000,000 on plant additions, betterments and replacements during 1932, it was learned today. PITTSBURGH—American Sheet & Tin Plate Cos. will resume operations Monday at seventeen mills In Monessen, reemploying about 300 tin plate workers, it was announced, k RENO, Nev.—Sales of Safeway Stores, Inc., for the four weeks to Jan. 30 totaled $18,560,312, against $15,660,384 in the corresponding period of 1930, the general office reported. CHlCAGO—lndications of a gradual improvement in business, as gauged by carloadings figures, were seen by F. W. Sargent, president of the Chicago & Northwestern system.

The City in Brief

, THURSDAY EVENTS Advertising Club luncheon. Columbia Club. American Business Club luncheon. Columbia Club. Indianapolis Real Estate Board luncheon. Washington. Shrine Caravan Club luncheon. Murat. Indiana Women’s Republican Club luncheon. Columbia Club. Five members of the Indianapolis Advertising Club will present a discussion on advertising methods at the luncheon Thursday at the Columbia Club. They are Steve Badger, Harold Devine, Albert O. Evans, George E. Daniels, and Merle Sidener, Sinking of the U. S. S. Maine in Havana (Cuba) harbor, Feb. 15, 1898, will be commemorated Friday, at 8, at memorial services at Ft. Friendly, 512 North Illinois street, under sponsorship of McGrew camp and auxiliary of the United Spanish War Veterans. Assignment of Brigadier-General George H. Jamerson, commanding general of the Tenth brigade, to command additional troops at Ft. Benjamin Harrison and Ft. Thomas, Kentucky, was announced today. Federal authorities warned today that anew counterfeit half dollar, a nearly exact reproduction of the 1929 coin, has made its appearance in Indianapolis. \ Investigators and relief workers of the Center township trustee were guests of Mrs. May Seifert, 909 North Hamilton avenue, at a party Tuesday night in the Walker theater. Police Lieutenant Frank Owen will speak before a safety meeting of Parent-Teacher Association of school No. 15, Beville avenue and Michigan street, Thursday night. Music will be furnished by the Mothers’ chorus of the school and by the Boys’ Concert Club of Technical high school. As near-summer weather hovered over the city today, one of the first robins of the season was reported seen at the home of Alfred Ekey, 529 Arnolda street. Other Livestock By United Press CLEVELAND. Feb. 10—Hogs—Receipts, 1.700: holdover, none; fully steady; choice, 150-230 lbs. sorts. $4.50: 240-300 'lbs., S4W 4.10; pigs, $3.50. Cattle—Receipts. 250; generally dull; common steers, $4.50415; near steady; many as yet unsold; little action on cows and bulls; calves, receipts. 350; vealers strictly choice. $9.59; sparingly $10; common to medium. 56.50ii8.50. Sheep—Receipts. 1,300; steady to strong; lamb quality plain at 56.50416.75: choice wool skins held around $7; clippers, sß.lofe ,6.25; wool throwouts, $5j5.75. By United Press PITTSBURGH. Feb. 10—Hoes—Receipts, 1.000; market, steady to 10c higher; 160210 lbs., $4.3541.4.60; 220-250 lbs.. $4,254? 4.40; pigs. $3.504?3.90; packing sows, $3.50 downward. Cattle—Receipts. 10; market, nominal; medium to good steers, quotable at $5(37.50; grass heifers, $44/5.50: beef cows. $3(34: calves, receipts, 75; market, steady; good and choice vealers. $8,504) 9.30; common and medium, $5<37.50. Sheep —Receipts. 500; market, strong to 25c higher; better grade lambs, $6.50(3 7. New York Liberty Bonds —Feb. 9 , 94.10 Ist 4'is 98.80 4th 4 l iS 93.50 Treasury 4 l s 100.50 Treasury 4s 96.12 Treasury 3*4s 44 92.11 Treasury 3*is of *47 90.30 treasury 3%s of 'l3 (March).,..... 92.

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

Following is the explanation of Ripley's “Believe It Or Not,” which appeared ih Tuesday’s Times: The Firing Life of a Big Gun— The larger the gun the shorter its firing life. With the firing of the first projectile a deterioration of the interior of the muzzle sets in, known as erosion. It is due to the chemical effect of the terrific temperature and the expansion of gas as well as the mechanical action of the projectile moving with collosal velocity. They cause the surface of the bore to crack, affecting both speed and accuracy of the projectile, to an increasing degree. In the case of the giant 16-inch ordnance which fires a 2,400pound projectile with a powder charge of 850 pounds, an initial velocity of 2,800 feet a second, developing a muzzle energy of 121,430 foot-tons, the bore will be eroded beyond tolerance after the firing of about fifty shots. Computing the firing life on the duration of the actual contact of the projectile with the gun, it is obvious that a life span of three seconds is the maximum rather than the minimum predictable for the modern heavy ordnance. Thursday—The Perfect Husband,

Produce Markets

Eggs (country run)—Loss off delivered in Indianapolis. 11c: henerv auality no. 1. 13c; No. 2 9c. Poultry ’ (buying prices)—Hens weighing 5 lbs., or over. 15c: under 5 lbs.. 14c: Leghorn hens. 10c: broilers. lull feathered. 3% lbs. or over. 14c: under. 13c: Leghorn broilers. 10c: spring chickens. 5 lbs. and up, 12c: under lie: old cocks. 7c; ducks, full feathered. 9c: geese. 6c. . T hese prices are for No. 1 top aualitv auoted by Kingan & Cos. _ „„„ Butter (wholesale) —No. 1. 25®26c: No. 2. 23@24c. Butterfat—2oc. Cheese (wholesale selling price per pound)—America loaf. 23%c: pimento loaf. 25%c: Wisconsin firsts. 19c; Longhorns. 19c: New York limberger. 30c. By United Press NEW YORK, Feb. 10—Potatoes—Market, steady; Long Island, [email protected] per barrel; southern, [email protected] per barrel; Idaho, $2.25© 2.50 per sack; Bermuda. $4.50®9; per barrel: Maine, $1.50® 1.90 per barrel; Canada. [email protected] per barrel. Sweet potatoes—Market, quiet; Jersey baskets, [email protected]; southern baskets, 50@65c. Flour—Market, quiet; spring patents, [email protected] per barrel. Pork —Market, steady; mess, $16.50. Lard —Market, easier: middle west spot, $4.95®5.05 per 100 pounds. Tallow—Market, quiet; special to extra, .02%,@.02y5. Dressed poultry —Market, quiet; turkeys, 18®25c; chickens, 12@30c; fowls, lC@2lc; broilers. 20©27c; capons, 18@32c; ducks, 12®16c; Long Island ducks. 17%@18%c. Live poultry— Market, steady; geese, ll@;18c; ducks, 11@25c; fowls, 19@21c; turkeys. 15@30c; roosters, 12@13c; chickens, 20@27c; capons, 20@30c; broilers, 12@23c. Cheese— Market, quiet; state whole milk fancy to special, ll%@18c; Young America, 12%@ By United Press CINCINNATI. 0.. Feb. 10—Butter steady, creamery in tub lots, according to score. 17© 20c: common score discounted. ?@3c; packing stock No. 1. 18c: No. 2. 12c; No. 3.8 c: butterfat. 16@18c. Eggs—Lower cases included: extra firsts. 15c: firsts. 14c: seconds. 12%c: nearby ungraded. 14c. Live poultry—Fowls. 5 lbs. and over. 16c: 3 lbs. and over. 17c: Leghorns. 3 lbs. and over. 14c: roosters. 9c; broilers, colored. 1 lbs. and over. 20c: 1% lbs. and over, 22c: 2 lbs. and over. 22c: frvers. 3 lbs. and over, 21c: partly feathered. 12c: Leghorn broLers. 1 lb. and over .15c: 1% lbs., and over. 15r: 2 lbs. and over. 13c: Leghorn stags. 11c; colored stags. 13c: black springers, lie: roasting chickens. 4 lbs. and over, “lc; ducks, under 3 lbs., liberal concessions, ducks white. 4 lbs. and over. 15c: under 4 lbs.. 12c: colored. 4 lbs. .and over. 15c: under 4 lbs.. 12c: capons. 8 lbs. and over. 23c: under 8 lbs.. 19c: guines. 10c: tuikevs. No. 1 hens. 8 lbs. and over. 26c: young Toms. No. 1. 10 lbs. and over, 22c. By United Press CLEVELAND. Feb. 10—Butter—Extras. 25%c: standards. 25%c: market, steady. Eggs—Extra firsts. 16c: current receipts, 15c: market, weak. Poultry—Heavy towls. 17@18c: medium. 17©18c; Leghorn. 14® 15c smooth springers. 16@18c: ducks. 20c: turkevs. 25c: geese. 16c: stags. 14c: market, steadv. Potatoes —Ohio. 45® 50c bushel Maine Green Mt.. [email protected] per 100 lb. sack- Idaho Russet large. [email protected]; medium. $1.75 @2 per 100-lb. sack. By United Press CHICAGO. Feb. 10.—Market, easy: receipts. 7.090 cases; extra firsts. 15% @ 15%c; firsts. 14%c; current receipts. 13% ffil4c: seconds. Il@a2c. Butter—Market, steady: receipts. 5.771 tubs: extras. 21%c; extra firsts. 20%@20%c; firsts. 19%©20c; seconds. 18%til9c: standards. 21c. Poultry—Market, firm: receipts, no cars in. 1 due: fowls. 16©19c; springers, 17©20c; Leehorns. 15c: ducks, 17<130c: geese. 13c: turkeys. 15@20c; roosters. 10c: broilers, 20c. Cheese —Twins, 11 1 % 1 I%c: young Americas. 12@12%c. Potatoes on track, 187: arrivals. 54: shipments. 646: market, dull, weak: Wisconsin round whites. 80® 85c: Nebraska triumphs. $115; Idaho russets. $1.35® 1.45.

Specialists in Unlisted Securities Edw. W. Zaiser Securities Corporation 414 Continental Bank Bldg. RTley 4043

V Registered C 8. JLf 1 Patent Office RIPLEY

Dow-Jones Summary

Western United Corporation and subsidiaries for year ended Dec. 31. 1931. net profit amounted to 81,161.191 after depreciation, federal taxes, subsidiaries preferred dividends, etc., equivalent after $6.50 preferred dividends to $3.34 a share on 221.349 shares of common stock outstanding: this compares with $1,217,352, or $3.73 a share on 212.836 shares of combined class A and B common stocks. Texas & Pacific railway declared the regular quarterly dividend of $1.25 on preferred stock, payable March 31, of record March 15. New York cables opened In London at 3.44%; Paris, checks, 87.375; Amsterdam, 8.525; Italy, 66.25, and Berlin, 14.468. Western United Gas and Electric Company and subsidiaries vear ended Dec. 31. 1931. net profit amounted to $1,976,140 after depreciation, taxes, etc., against $2,034,722 in 1930. Mohawk Carpet Mills, Inc., reported net profit for 1931 amounting to $310,673 after depreciation, etc., against loss of $599,779 in 1930. Indian Motorcycle Company for 1931 showed net loss of $392,346 after charges, against net loss of *774,460 In 1930. Car loadings In United States in week ended Jan. 30 totaled 561.157 cars, off 1.781 from previous week and 158.240 from like 1931 week, according to American railway reports. Commercial Investment Trust Company in 1931 earned $2.54 a share on average common shares, against $2.75 in 1930. Congoleum-Nairn, Inc., reported net income in 1931 at *1,239,666, equal to 90 cents a common share, against $208,839, of 8 cents a common share in 1930. January production of United Verde Mining Company amounted to 3.043,930 pounds. Commercial Credit Company in 1931 earned SI.BO on common stock outstanding at end of year, against $2.03 in 1930. New Central car loadings in week ended Feb. 6 were 40.936, against 41,057 in previous week and 50,493 in like 1931 week. Hazeltine Corporation declared a dividend of 12% cents, payable March 15, of record March 1: in two previous quarters 25 cents was paid. Southern Pacific loadings in week ended Feh.l. amounted to 15,060 cars, against 21,3d0 in like 1931 w-eek. Gasoline stocks gained 630,000 barrels in United States during week ended Feb. 6 to 41,376 barrels; crude oil output during week averaged 2.152.700 barrels daily, a decrease of 18,100 barrels daily from previous week. New Jersey Zinc Company quarter ended Dec. 31, 1931, net income amounted to $546,751 after depreciation, depletion taxes, etc., against SB3/367 in final quarter of 1930; for year ended Dec. 31. net income was $3,051,589 after depreciation, taxes, etc., against $5,013,403 in 1930. Eauitable Office Building Company in nine months showed net profit of $1,644 - 550 after interest, depreciation, federal taxes, etc. against $1,811,584 In like nine months of previous fiscal vear: January net profit amounted to $174,643 after charges and taxes, against $193,815 in January, 1931. Dexter Company for year ended Dec. 31, 1931, reports net income after charges and tares of $38,310 equivalent to 38 cents a share on 100,000 shares of capital stock as compared with $167,715. or 1.67 a share on same number share* in previous year. Directors of the Reliance Manufacturing Company of Illinois declared a dividend of $1.75 on preferred stock, payable April 1. of record March 22. RAW SUGAR PRICES —Feb. 9 High. Low. Close. January Lf4 1.09 1.09 March 94 .88 .89 May 97 .92 .92 July 1.03 .98 .98 September 1.09 1.03 1.03 December 1.13 1.08 1.08

B OFFICE t-sn I Equipment | BARGAINS ,STEEL SELLING OUT! TR C A ; S FER Storage AT VALUES Sectional c “' UNHEARD OF! Sizes. WOOD , and Pa / ers §l3- DESK TABLE $29.50 CHAIRS r f r °L Several matched nrjtfg f i/m SAFFS suites of furni- 7>nr\YT Various sizes, ture, in walnut some slightly and mahogany. Fourth Floor /. used. 33‘4%-50% Off Meyer-Kiser Bank Bid? |§ Bargain Prices Riley 3448

PAGE 11

GRAINS IGNORE BULL NEWS IN PRICEJLUMP Bearish Sentiment, Weakness in Securities Affect All Options. BY HAROLD E. RAINVILLE United Press Stall Correspondent CHICAGO. Fsb. 10.—Further selling as the Board of Trade opened today sent wheat prices downward. The weakness In stocks and the general bearishness were the chief factors. Relative firmness at Liverpool was ignored again. There were few buying orders at the start and these mostly on resting orders. The French milling change had no effect. Corn was irregularly lower with wheat. Oats was dull and easy. At the opening wheat was % to % cent lower, corn was to % cent lower and oats 3 .i to Vs cent lower. Provisions were slow and steady. Liverpool was stronger than expected at the start, although falling % cent under Tuesday at midafternoon. Sentiment in wheat remains mostly bearish. Some liquidation has appeared in corn on bulges lately. The market mainly is following wheat and at times is affected by stocks with that grain. Temperatures are unseasonably high. Kansas reported 74 degrees and Oklahoma 84 degrees this morning. Oats continue to lag while awaiting something to stir up action. •Chicago Grain Range —Feb. 10WHEAT— prev. High. Low. .'1:00 close. March 54% .53 s , .54 .54% Mav 57% .56% .56% .57% Julv 57% .57% .57% .57% September ... .59% .58% .59 .59% CORN— March 34% .34% .34% .34 s * Mav 37% .37% ,37 s * .38 Julv .39% .39% .39% .40% September .41 .40% .40 s * .41% OATS— Mav 24% ,23 s * .23% .24% Julv 23% .23% .23% >1 September ... .24 .23% .23% .24% RYE— Mav 44% .44% .44% 44% Julv 45% .45% .45 s * .45% LARD— March 4.80 4.30 Mav ... 4.90 4.90 Julv ... 5.07 5.07 September ... ... $ 20 By Times Special CHICAGO. Feb. 10—Carlots: Wheat, 30; corn. 107; oats, 28; rye, 0. and barley, 4. By Times Special CHICAGO. Feb. 9.—Primary receipts: Wheat, 698.000. affainst 1,076,000; corn, 537.000. against 841,000: oats. 340.000, against 263,000. Shipments: Wheat. 386.000. against 666.000; corn. 127.000. against 346,000; oats, 55,000. against 418.000. By United Press CHICAGO, Feb. 9.—Cash grain close: Wheat—No. 3 hard. 57c; No. 3 yellow hard. 55%c: No. 2 northern. 63%c; No. 1 mixed, 57@58c. Corn—No. 3 mixed, 33 %© 33%c; No. 4 mixed, 33%@33%c: No. 5 mixed. 32%c; No. 2 yellow, old. 37%c: No. 3 vellow. 33%@34%c; No. 4 yellow. 32%@33%c: No. 5 yellow. 32%c: No. 6 yellow. 32c: No. 3 white. 34@34%c; No. 4 white. 33%@34%c; sample grade. 31%@ 32c. Oats—No. 2 white. 24©24%c: No. 3 white. 23’4©24c. Rve —No sales. Bariev—--42@58c. Timothy—[email protected]. Clover—sß® 14.75. By United Press TOLEDO. Feb. 9.—Cash grain close: Elevator prices: Wheat—No. 2 red. 59@60e. Corn—No. 2 yellow, 37@38c. Oats—No. 2 white. 26%®27%c. Rve—No. 2. 44©45e. Grain on track: 28%c rate. Wheat—No. 2 red. 53%@54c; No. 1 red. lc premium. Corn —No. 2 vellow. 32%@33c; No. 3 vellow. 30%@31 lie. Oats—No. 2 white. 23% @24%c: No. 3 white, 22@23%c. CloverPrime. $8.75: February, $8.75: March. $8.90. Alsike—Cash, $8.75: February. $8.75: March. $8.90. Butter—Fancy creamery, 23® 26c. Eggs—Extras, 14%@15c. Hay—Timothy, cwt. 80c.

Cash Grain

—Feb. 9 The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b.. shiping point, basis 41’,ic New York rate, were: Wheat—Weak; No. 1 red, •46 I /i@4s , /2C; No. 2 red, 45 V;,® 46 lie; No. 2 hard. 45 , /2@46 ! /sC. Corn —Easy; No. 3 white, 264<27c: No 4 white. 25@26c: Ns. 3 yellow. 244i25c; No. 4 yellow. SJiS'Kc; No. 3 mixed, 2241;23c. Oats—No. 2 white, 194720 c; No. 3 white. 18@19c. Hav— Steady (F. o. b. country points taking 23c or less rates to Cincinanti or Louisville) .No. 1 timothy, $7 ® 7.50; No. 2 timothy, [email protected]. —lnspections Wheat—No. 2 red, 1 car; No. 3 mise-'. 1 car. Total. 2 cars. Corn—(new): No. 3 white, 5 cars; No. 4 white. 1 car; No 3 vellow, 12 cars; No. 4 yellow, 2 cars; No. '5 yellow. 2 cars. Total. 22 cars. Oats— No. 2 white, 4 cars; N0.3 white. 7 cars; No. 1 mixed. 1 car. Total, 12 cars.

Local Wagon Wheat

City grain elevators are paying 44c lo' - No. 2 red wheat and 44c for No. 2 hard wheat. FAVOR PENSION BILL Committee Is Expected to Report Measure Aiding War Widows. By Scripps-I/otcard Scwspaper Alliance WASHINGTON, Feb. 10.—In spite of effort in both political parties to cut federal expenditures, a measure granting pensions to widows of World war veterans will be reported favorably from the house committee on pensions, it was learned today on good authority. The bill, as introduced by Chairman Gasque of the pensions committee, would raise somewhat the pensions now paid widows of Civil war veterans, and others on the pension roll. It would call for payment of S3O a month to widows under 50 years of age, S4O a month for widows between 50 and 70 years old and SSO a month for older widows.

Zaiser & Zaiser Incorporated Brokers Stocks and Bonds 129 E. Market Lincoln 9375 Lincoln 2167