Indianapolis Times, Volume 43, Number 239, Indianapolis, Marion County, 13 February 1932 — Page 20
PAGE 20
PORKERS SHOW WEAKER TREND AT CITYYARDS Hardly Enough Cattle on Hand to Make a Market. Hogs displayed a somewhat irregular range this morning at the Union Stockyards, some classes holding steady and others off a fraction. The bulk, 140 to 325 pounds, sold for $3.80 to $4.30; early top holding at $4.30. Receipts were estimated at 4.000; holdovers were 143. Hardly enough steers were on hand in the cattle market to make a market. Prices were quotably steady. Receipts were 200. Vealcrs were unchanged at $8 down. Calf receipts were 350. Lambs were undeveloped with indications sharply lower. Receipts were 1,200. Chiacgo hog receipts were 23,000, including 5,000 direct. Holdovers were 6,000. Asking generally was 5 to 10 cents higher than Thursday’s average. A few early bids and sales steady to strong; few 180 to 210-pound weights sold for $4.15 to $4.25; 220 to 240 pounds, $4 to $4.15. Cattle receipts were 2,000; calves, 500; market strong. Sheep, 10,000; steady. HOGS Feb. Bulk. Early Top. Receipts. A. 15.85(5/5 4.85 14.85 3.000 5. 3.75® 435 4.35 2,500 8. 3.75® 4.25 4.25 4,000 9. 3.7OSiS 4.15 4.15 4.000 10. 3.85® 4.30 4.30 3.000 11. 3.95® 4.30 4.30 3.000 13. 3.80® 4.30 4.30 4.000 Receipt*. 4.000: market, lower. (140-180) Good and choice...| 4.00® 4.15 —Light Lights—-(lßo-180) Good and choice..., 4.25® 4.30 —Light Weights—-(lßo-200) Good and choice... 4.25® 430 (200-250) Medium and good ... 4.20® 4.25 —Medium Weights—-(2oo-250) Good and choice.... 4.10® 4.25 (250-290) Medium and good .. 3.90® 4.00 —Heavy Weights—-(3oo-350) Good and choice... 3.70® 890 Packing Sows- - ™ (SSO-SOO) Medium and g00d... 3.00® 340 (100-130)81aughter pigs 3.50® 3.75 CATTLE Receipt*. 200; market, steady. Good and choice 8 5.75® 9.50 Common and medium 3.00® 5.75 (1,100-1,800) Good and choice 7.75® 9.50 Common and medium 4.00® 5.75 —Heifers— Good and choice 4.78® 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, 350; market, steady. —Vealers— Good and choice $ 7.50® 8.00 Medium 5.50® 7.50 Cull and common 3.50® 5.50 —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. 1,200; market, steady. Good and choice $ 5.50® 625 Common and medium 3.00® 5.50 Ewes, medium and choice ... 1.75® 3.00 Cull and common 75® 1.75 Other Livestock By United Press CHICAGO, Feb. 12.—Hogs—Receipts, 23,000, including 5,000 direct; steady to strong; 170-210 lbs.. $4.1004.25; top. 54.25; 220-250 lbs., $3.80® 4.15; 260-300 lbs., $3.70 @3.80, 140-160 lbs.. $404.20; pigs, s3® 3.50; packing sows, [email protected]; light lights 160 lbs., good and choice, [email protected]; light weight. 160-200 lbs., good and choice, 54® 4.25; medium weights, 200-250 lbs., good and choice, $3.8004.25; heavy weights, 250 to 350 lbs., good and choice, [email protected]; packing sows, 275-500 lbs., medium and good, 53.25<V/'3.50; slaughter pigs, 100-130 lbs., good and choice. $3.2503,75. CattleReceipts, 2,000; calves. 300: slow about steady on most filling classes; generally quality plain; most slaughter steers and yearlings eligible to ss@6 50; few upwards to $B; slaughter cattle ana vealers; steers, 600-900 lbs., good and choice, $709.75; 900-1,100 lbs. good and choice, $709.75; 1,100-1.300 lbs., good and choice, S7O 9.75; 1,300-1,500 lbs., good and choice, $709.75; 600-1,300 lbs., coVnmon and medium, s4®) 7; heifers, 550-850 lbs., good and choice. $5.25®6.75; common and medium, $3.25® 4.25; cows good and choice. $3.25@4 50: common and medium, $2.50© 3.25; low cutter and cutter, $1.5002.50; bulls yearlings excluded, good aqd choice beef, S3 <fj"3.75: cutter to medium, $2.2503.35: vealers milk fed, good and choice, $6.50©8; medium. $5.5006.50; cull and common, $3.50® 5.50; Stocker and feeder cattle; steers. 500-1,050 lbs., good and choice, $4.50© 5.50; common and medium. $3.25© 4.50. Sheep—Receipts, 10.000; steady to strong: choice lambs. 10® 15c higher in instances; feeders absent; early bulk de- | sirable lambs, $5.75©6.10; top, $6.40; paid j bv city butchers; slaughter sheep and : lambs 90 lbs. down, good and choice, $5 7o 06.65; medium, $4.5005.75* all weights | common, $3.50@4 50: ewes, 90-150 lbs., medium to choice, s2oi 3.75; all weights, cull and common, $1.25®2.50; feeding lambs, 50-75 lbs., good and choice. $5 @5.50. By United Pres* EAST BT. LOUIS. Feb. 12.—Hogs—Receipts. 7.500; market, steady to 25c higher; weighty kinds slow; top. $4.25; bulk. ISO--225 lbs.. $4(k4.15; few loads. $4.20; few 230-250 lbs.. $33504: asking $3.750„3.75 for 260-300 lbs.; pigs. 3.2503.85; sows largely $3.1503.25. Cattle -Receipts. 700: calves, receipts. 400; market, vealers 25c lower at $8" other classes almost too scarce to make a market: market generally steady; mixed yearlings and heifers largely $405.15; cows $2 50© 3.25; low cutters. $1.2507.75: medium bulls downward from $2.75. Sheep —Receipts. 500; market, lambs steady to strong; bulk to packers. $5.75 06; few. $6 25; throwouts. $3.5004; iat ewet,. $2.50 (93. By United rrett CINCINNATI. Fob. 12.—Hogs—Receipts. 2 900; including 790 direct, hold over 390; closing slow, steady to 10 hißher: better grade. 160-240 lbs.. $4.2504.50; mostlv $4 50 on 220 lbs. down; 240-300 lbs.. s4®) 4 25: 120-150 lbs.. $3.8504'; sows mostly $3: lightweights. $3.25. Cattle—Receipts. 325; calves. 350; generally steady; odd lots, common and medium steers and heifers. 405 25; one load of desirable 750-lb. heifers. 15.35; nothing here of value to sell above a few beef cows. s3®3 50: low cutters and cutter cows. $1750275; bulls. $3.50 down; good to choice vealers steady at $8 @8.50; lower grades draggv. weak, mostly $7 down: a few $7.50 Sheep—Receipts. 300; about steady; supply verev light; odd lots better grade lambs. $606.50; eommon and medium. $4.5005.75; sheep. $2 down. By Time* Special LOUISVILLE. Feb. 12.—Hogs—Receipts, 750: market. 10c higher: 175-235 lbs.. $4 30: 240-295 lbs.. $4; 300 lbs. up. $3.40: 175 lbs. down. $3.90; packing sows. $2.40@ 3 15: stags. $2.15. Cattle—Receipts. 200; steadv; bulk slaughter steers and hetfers quotable 405.25: slaughter cows and bulls, *3 down; light stockers. $3 05.25. Calves— Receipts. 200; steady with best vealers. $6 5007: medium and out kinds. $5 down. Sheen and lambs—Receipts. 50: market, steady: best fat lambs mostlv $6.25: bulk lambs. *5.25: throwouts. $3 50 down: fat ewe*. $2.50 down. Thursday shipments, none. p i United rrest LAFAYETTE. Feb. 12.—Hogs—Market, steadv: 160-200 lbs.. *470: 200-225 lbs.. $4; 225 0 250 lbs.. $3.90; 250-275 lbs.. *3.80: 75300 lbs.. *3.70: 140-160 lbs.. *3.75: 120-140 lbs.. $3.50: 100-120 lbs.. *3.25; roughs. *3 down; top calves. 7; 590 lambs. 5.50 06.
Bank Clearings
INDIANAPOLIS STATEMENT —Feb. 12— Clearings .$1,787.000 00 Debits 4,292.000.00 TREASURY STATEMENT —Feb. 12Net balance for Feb. 10; $580,150,274.24 Expenditures 12,293.959.65 Customs rects. mo. to date.. 8.054.280.35
Local Wagon Wheat
City grain elevators are paving 46c for No. 2 red wheat and 46c for No. 2 hard wheat. __ NEW YORK COFFEE RANGE —Feb. 11— High. Low. Close. March 6.16 6.13 6 13 Mav 6 25 6.23 6.23 July 6 34 6 32 6.32 S&ember 6.50 6.47 6.17
New York Stocks ( Bv Thomson A McKinnon) "
By United Prett NEW YORK, Feb. 11—Sales on the New York Btock Exchange.today totaled 2,600,000 shares. Curb stock sales totaled 250,000 shares. Feb. n Railroad*— Prev. High. Low. Close, close. Atchison 77V* 72% 77V* 72% Atl Coast Line.. 30 2i% 29 38 Balt & 0hi0.... 17'/* 15 % 167* 14'/* Cheoa & 0hi0... 24% 237, 23% 217s Chesa Corp 16 15 157, 14 Can Pac 14 V* 13% 14% 137 a Chi N West 9% SV 9% 8V CRI At P 12 10% 11V* 10% Del LAt W 31 19V* 20 18% Del At Hudson... ... 73 69 Erie 77* 7% 7% 7'/* Erie Ist pfd ... ... 8% Great Northern. 19 18 19 17% Illinois Central.. 13% 12 127* 117* Kan City So 10 Lou At Nash..... 24 23% 23% 22 M K At T 6 574 6 574 Mo Pacific 874 77a 8% 774 !Mo Pacific pfd.. 19% 17 19% 16% I-N Y Central 287* 26% 28% 25% Nickel Plate 6% 5% NY NH At H ...26% 23% 25% 227* Nor Pacific 1974 19 1974 17% Norfolk At West.l24 117% 124 117% O At W 7% 774 7% 774 Pennsylvania .. 21 19 207* 19 Reading 31% 29% 31% 2974 Seaboard Air L 74 % !So Pacific 317# 29% 317* 38% i Southern Ry... 10% B*4 10 8% St Paul 2% 2'4 274 2% St Paul pfd .... 40 4 4% 3'4 St L At S P 4% 474 474 3% Union Pacific 77 70% 77 6774 Wabash 274 2% 274 274 W Maryland ... 6% 64 674 574 Equipments— Am Car At Fdy.. 774 6% 674 7 Am Locomotive 6% ... Am Steel Fd ... 7 674 674 6% Am Air Brake 6 .. 127* Oen Am Tank.. 3 1 29 74 31 197* General Elec .. 2074 19 20% 1774 Gen Rv Signal.. 23 21% 23 20% Lima Loco 1374 1274 1374 1274 N Y Air Brake 12 Poor At Cos 4 Pullman 2174 18% 2074 18% Wcstingh Ar 8.. 14% 13% 1474 1 4 Westingh Elec.. 27% 2574 26% 2374 Rubbers— Firestone 1274 1 2 1 27* 12 Fisk 74 Goodrich 4 4 Goodyear 15% 1474 1574 1374 Kelly Sprgfld IV* 1% Lee Rubber 3 U S Rubber .... 4 374 374 3% Motors— Auburn 112% 100 109% 94 Chrysler 12% 11% 12% 10% General Motors 22 V, 20% 21V, 20% Graham Paige .. 374 3 37* 3 Hudson 874 8 87* 8 Hupp 474 374 474 3% Mack 14 13 74 1 4 1 274 Nash 17 74 1 5% 17 15% Packard 37, 374 3% 374 Peerless 374 3% Reo 33 Studebaker 11 10% 11 1074 White Mot .... 9% 9 9% 8% Yellow Truck.. 3% 374 3% 374 Motor Access— Bendlx Aviation 17 1 574 1 674 15% Borg Warner... 1074 1074 10 % 9% Briggs 874 8 74 8 % 8 Budd Wheel 3% Campbell Wy 5% ... Eaton 574 El Auto Lite.... 28 25% 27% 24 El Storage 8.... 31 30 30 30 Haves Body 174 1% Houda 3 2 74 2 7* 2% Motor Wheel .... 5% 5 5 5% Murray 80dy.... 6% 674 67 * 6% Sparks W 274 2% 2% ... Stewart Warner 574 5 574 5 Timken R 011.... 2074 1874 20% 18% Mining— Am Metals 5 474 Am Smelt 1474 1374 1474 1374 Am Zinc 274 ... Anaconda Cop.. 9% 9 97* 874 Alaska Jun 1474 1374 1474 14 Cal Ac Hecla 3V* 33 374 Cerro de Pasco 1174 11 1174 1074 Dome Mines 874 874 Freeport Texas .. 1774 1674 17% 16% Granbv Corp ... 674 6 67* 674 Great Nor Ore.. 13 1274 13 1274 Howe Sound ... 1174 11 1174 ■o7a Int Nickel 8% 774 874 7Va Isl Crk Coal 15% Kennecott Cop.. 1074 9% 10% 97a Magma Cop Miami Copper.. 3% 374 374 374 Nev Cons 5% 474 5 5 Noranda 1374 1374 13 Ix7s Texas Gul Sul.. 24 23 2374 22% U. S. Srrslt... 1674 1574 16 15% Oils— Amerada 1374 13 1374 1274 Atl Refining.... 97-5 874 974 8% Houston 3% 3% Mex Sbd 77* ’‘74 17s 67* Mid Conti 57 2 57* 5% oU Ohio Oil 5% 574 5% s>/ g Phillips 474 4 % 4% 4 Prarie Pipe .... 7 674 7 oLs Pr Oil At Gas... 574 5 57# 4% Pure Oil 474 474 4 % 474 Richfield ..Vs ... Roval Dutch ... 18 17% 18 16% Shel Un 3*4 374 3% 37. Simms Pt ... 47* 5% Sinclair s*/s 474 57* 474 Skellv ••• 3 ... Standard of Cal. 25% 2474 25% 23% Standard of N J 28% 26% 2774 257* Sov Vac B*4 8% 8% 874 Texas Cos 11*4 10% lIV2 10% Union Oil 117* ll’/s 11% 11*4 Steels — Am Roll Mills... 874 874 874 B*4 Bethlehem 1974 17% 19 16% Bvers A M 1374 1274 1374 12 Colo Fuel 874 8 8 Inland 21 ... Ludlum 474 ... McKeesport Tin. 50% 47 50% 467s Midland 87* 8 874 77s Newton 3'/* ... Repub I & 5... 574 5 574 4 7 4 U S Steel 44 74 40 % 4374 3874 Vanadium 1474 1274 14% 1274 Youngst S Ac W 8 8 Youngst S At T 13% Tobaccos— Am Tob (A) New 72% 69V* 72 6974 Am Tob (BI New 7674 7 174 75% 70 Con Cigars 2f 24 General Cigar 3474 Lig At Myers B. 57 55 57 53 Lorillard 14% 13% 14% 13 Reynolds Tob... 36% 357* 3674 34V 2 Std Com Tob 2 Tob Pr A B*4 ... Tob Pr B 47* 4 United Cig 174 ... Utilities— Abitibi 2% ... Adams Exp .... 4*4 4% 47s 474 Am For Pwr ... 7*4 6% 7% 674 Am Pwr A: L 1... 147, 13% 14% 13% A T Ac T 118% 113 118 1117a Col Gas Ac E 1... 13% 12% 13*4 1274 Com Ac Sou 474 4 4 4 Cons Gas 59 56*4 58% 5(74 El Pwr At Li 12% 12 12*4 11*4 Gen Gas A .... 274 1% 274 1% Inti T Ac T 9% 8% 97a 8% Lou Gas Ac E 1 2074 Natl Pwr Ac LI 1474 13 1474 127a No Amer Cos 33 74 3 1 33 74 29% Pac Gas A: El.. 34% 33% 3474 32% Pub Ser N J... 5274 49% 51% 4874 So Cal Edison.. 3074 29% 30% 30 Std G Ac E 1.... 28*4 27 28*4 2674 United Corp .... 9 8% 9 8 Un Gas Imo ... 1974 18% 19% 18*4 Ut Pwr Ac L A.. 9 B*4 9 874 West Union .. 39 36% 38% 367a Shipping— Am Inti Corp... 6% 5 6% 5 N Y Ship 47* ... United Fruit ... 22*4 _22 22% 217', Foods— Am Sug 24 23 24 22 Armour A 174 lVa 174 174 Beechnut Pkg ... 40 39% 39% ... Cal Pkg 1074 10 1074 10 Can Dry 117* 11 Childs Ca 57? Coca IMTt 102 V. iOB% 102 Cont Baking A.. 5% 474 5% 474 Corn Prod 42V* 407* 42% 397a Crm Wheat ... 21*4 ... Cudahy Pkg ... 32% 32 32% 31 Cuban Am Sug 1% ... Gen Foods 3474 33% 3474 3274 Grand Union .. 87* 7% 7% ... Hershev 74*4 74% Jewel Tea 32 Kroger 13% 13 13*4 12% Nat Biscuit .... 42V* 39% 42 74 38 Natl Dairy 24% 23*4 24% 23 Purity Bak 14 13% 13% 13% Pillsbury 22 21 21% 20** Safeway St 47% 44 47% 44 Std Brands .... 12% 12% 12% 12 Drugs— Coty Inc 3? 3% Drug Inc 52 74 50 52*4 48% Lambert Cos .... 4874 47 487s 4574
New York Curb Market
(Bv Thomson & McKinnon) —Feb. 11Close l 21ose Alum Cos of Am. 52M.,imp Oil of Can 8 3 i Am Cvnamld ... 3H'lnt Pet 9U Am Gas A- Elec. 34VM!dwest Util. ... 4 J „ Am Lt & Trac. . 19*2 Mo Kan Pipe I‘i Am Sup Pwr. . 3J;Mt Prod 2U Ark Gas A 2 4 .Nat Inves 2i As Gas & Elec. 4H Nat Aviation ... 3 Bras Pwr Ac Lt. UjU Newmont Min .. 11 3 .i Cent Sts Elec... I’wiNat Bd As Sh 21 Cities Service.. 6 'Nia Hud Pwr.. 6i Cons Gas of Bit 59T* Pitt Glass 18 Comm Edison 105% Peimiad 3'i Cord 6 St Regis Paper.. 4*5 Deer A: Cos 9}VSa!t Creek 3% Elec Bd As Sh.. 11‘aSel Indus IV* Elec Pwr Assn.. 7V;So Penn Oil ... IOH Gen Aviation... 3V? Std of Ind .... lHi Ford of Can l?'?Std of Ohio ... 24 r'ord of Eng ... 5 Un Gas A 2Vi Fox Thea 3 Un Lt & Pwr 6'j, Goldman Sachs Verde SH Great AAs P.. H 8 Ut At Indus 2U Gulf Oil 28 Ut Pwr 2% Humble Oil ... 43 Van Camp 1 Insull Ut 3 Un Fndrs 1% Int Super 10 l
New York Bank Stocks
(By Thomson A: McKinnon) —Feb. 11Bid. Ask. Bankers 58 1 2 60 • i Brooklyn Trust 205 215 Central Hanover 137 141 Chase National 36‘i 38Vi Chatham Phoenix Natl 20 Chemical 32 34 City National 48'! 50V* Corn Exchange 64 67 Commercial 135 143 Continental 15 17 Empire . 22 24 Guaranty 282 287 Irving I*H.. 1H Manhattan A: Company 35H3377 7 Manufacturers 30' 2 S2Vi New Yorr Tri£, 76 . 79 Public .M . .JtlU 22 24
Lehn Ac rink .. .. ... 31V* 30% Industrials— Am Radiator... 6% 874 674 6% Bush Term ... 18 ... Certainteed 3,, ... Oen Asphalt ... 12% 11% 12% 1174 Otis Kiev 17% 167, 177* 167* Indus Chema— Air Red $174 48 51% 4774 Allied Chem ... 70 6674 *9*4 63% Com Solv B*4 8 BVs 7% Du Pont 53% 507* 5274 46% Union Carb .... 31 28% 30% 27*4 U 8 Ind Alco 2*7* 23% 24 22% Retail Store*— Assoc Dry Gds 6 5% Olmbel Bros „ ..... ..... 2 Kresge 8 B .... 167, 15% 16% 15% May D Store ... 17% 17% 1774 17% Mont Ward 8% 7% 8% 774 Penny J C 287# 277* 28 27% Schulte Ret St.. .. ... ... Sears Roe 32% 30 32 28 Woolworth 41% 38% 4174 37% Amusements— Eastman Kod .. 737', 69 72% 69% Fox Film A 3% 374 3% 3V Grigsby Gru .... 17* 1 17# 1 Loews Inc 29V* 26*4 28% 26 Parana Fam .... 9 774 9 774 Radio Corp 8% 7*4 8 774 R K O 5% 4% 5% 4% Warner Bros ... 3% 274 3% 27* Miscellaneous— City Ice At Fu 27 27 Congoleum 10% 9% 10Vs 97* Proc At Gam ... 39% 38% 3974 38% Allis Chal 127* 11% 1174 11% Am Can 63 59% 63% 57 J I Case 32 287, 31% 2674 Cont Can 36 34% 36 34*4 Curtiss Wr 1% l*/ 11/*l 1 /* IV* Gillette 8 R .... 16% 14*4 16% 14 Gold Dust 17% 16*. 17 16V* Int Harv 24% 22% 2474 22 Int Bus M 98% 95 98 83% Real Silk 3% 3% 3V, 3*4 Un Arcft 1574 1 37a 14% 137*
Chicago Stocks "(By James T. Hamlll At Co.i“
TOTAL SALES. 76.000 SHARES —Feb. 11High. Low. Close. Amer Equities 274 Assoc Telephone Util ... 674 6 6 Bendix Aviation 17 1574 17 Blnks Mfg 3% Borg-Warner 10*4 9% 10*4 Butler Bros 274 2 2% Cent 111 Securities pfd 13 Cent Pub Serv Class A.. 174 Cent At 80 West 5 474 5 Chicago Yellow Cab .. 1074 ... ... Cities Service 6 574 6 Commonwealth Edison 10674 103 10574 Cont Chicago 17* Cont Chicago Dfd 18% 1874 1874 Cord Corn 6V# 574 6 Coro Securities 1 7* 1 Corp Securities pfd .... 174 1% 1% Electric Household .... 67; SV 67* Grigsby-Grunow 1% 1 1% Hart-Carter pfd 5 Houdaille-Hershey (A) 974 9 974 Insull Util Inv 37s 274 3 Ins Util Inv pfd 2d ser 6 574 574 Llbby-MaNeil 4 Lincoln (Printing 11% 10 11% Marshall Field 874 7*4 B'/a Me Cord Rad “A” 5 4% 5 Middle West Utilities. 4V, 4 4% Middle West Ut 6% p A 32 30 32 Muskegon Motor Spec A 10 National Electric Pow A 10 874 9*4 National Securities Inv 74 National Securities Inv 35 North American Car.... 4*4 North Amer Light & P 1574 15 15% Pines Winterfront 374 Public Service N P 106 104 106 Quaker Oats 85 84 85 Reliance Mfg Cos 9% 874 9% Seaboard Utilities Sh.. IV* Swift Ac Cos 1874 17% 18V* Swift Internacional 19*; 18*4 1974 U S Gypsum com 21 19*4 21 U S Radio Ac Tel 10% 97* 1074 Utah Radio 1 *4 1 Utility Ac Ind 274 274 274 Utility Ac Ind pfd 974 9 % 9*/* Vortex Cup Cos 13 12 13 Walgreen Cos. com 10*4 10% 10% Zenith Radio 74
Investment Trust Shares
(By Gibson & Bernard) PRICES ARE TO 12 NOON C. S. T. —Feb. 11Bid. Ask. Am Founders Corp com *4 % Am & Gen Sec A 374 ... Am Inv Tr Shares 174 274 Basic Industry Shares 2 Collateral Trustee Shares A .. 374 474 Cumulative Trust Shares 3 374 Diversified Trustee Shares A.. 674 ... Fixed Trust Oil Shares 1% ... Fixed Trust Shares A 6% ... Fundamental Trust Shares A 374 3% Fundamental Trust Shares 8.. 3% 3*4 Leaders of Industry A 374 ... Low Priced Shares 374 374 Nation Wide Securities 374 3% North American Trust Shares. 274 Selected American Shares.... 2 2*/a Selected Cumulative Shares .. 5*4 5*4 Selected Income Shares 2% 3*4 Shawmut Bank Inv Trust 1 3 Std Am Trust Shares 2% 3*4 Super Corn of Am Tr Shares 2% 374 Trustee Std Oil A 3*/* ... Trustee Std Oil B 33% Unified Service Trust Shares A 274 2% U S Elec Light & Power A.... 17 19 Universal Trust Shares 2% 2*4
Cash Grain
—Feb. 11— The bids for car lots of grain at the call of the Indianapolis Board of Trade f. 0. b., shipping point, basis 4174 c New York rate, were: Wheat—Strong; No. 1 red, 48049 c; No. 2 red. 47®48c; No. 2 hard. 47@48c. Corn—Strong; No. 3 white. 27®28c; No. 4 white. 260 27c; No. 3 yellow. 25026 c; No. 4 yellow. 2’@2sc: No. 3 mixed, 24® 25c; No. 4 mixed. 23024 c. ,„9 a L s—No - 2 white, 20@21c; No. 3 white. 19@20c. Hay—Steady (f. o, b. country points taking 2374 c or less rates to Cincinnati or Louisville); No. 1 timothy, [email protected]; No. 2 timothy, [email protected]. . , . —lnspections Wheat—No. 2 red, 4 cars; No. 3 red. 1 cars. Total, 6 cars. Corn (new)—No. 3 white. 5 cars; No. 4 white. 4 cars; No. 2 yellow. 1 car; No. 3 yellow, 7 cars; No. 4 yellow, 13 cars: No. 3 mixed. 1 car; No. 4 mixed, 1 car. Total. 32 cars. Oats—No. 2 white. 3 cars; No. 3 white. 8 cars; No. 2 mixed, 2 cars. Total. 13 cars. Chicago Grain Range WHEAT— ~ Feb> n — Prev P„ oen - High. Low. Close, close'. Mar... .56 .567, .557# .56 .54*4 May.. .58% .597# .58% .59 .57% July.. .597, .60% .59% .597* 587* SeDt... .61 .617* .60% .617# 597* CORN— Mar... .36*4 ,36V* .3*7* .36*4 .35 May.. .39 .397* .38% .39’* .3874 July . .41 .42 .40% .41*; .40*4 Sept.. .427, .4374 .42 .4274 .417* OATS— May.. .24% .2574 .24% .2574 .24*4 Julv.. .24*2 .25 .2474 .25 .24 Sent 257* .2474 Mar... .417* .43% .41% .43% 417* May.. .4 574 .46 .45% .45% 4*.% July.. .47 .47’* .46% .47** .457* Sept... 48*4 .487# .48% .487* .... LARD— Mar... 4.80 4.85 4.80 4.85 4.67 May.. 4.87 5.05 4.87 5.02 4.82 July.. 5.05 5.20 5.05 5.20 S.OO Sent.. 5.22 5.37 5.20 5.37 5.17 BELLIES— Mav 5.45 5.25 Sept 5.60 5.55
Produce Markets
. Eggs (country run)—Loss off delivered in Indianapolis, lie; henerv Quality No. 1. 13c: No. 2. 9c. Poultry (buying prices)—Hens weighing 5 lbs., or over. 15c: under 5 lbs.. 14c: Leghorn hens. 10c: broilers, full feathered. 3i 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. These prices are for No. 1 top oualltv Quoted bv Kingan Ar Cos. Butter (wholesale)—No. 1 25<526c: No. 2 23if?24c. Butterfat—2oc. Cheese (wholesale selling price ner oound)—America loaf. 23 3 10: pimento loaf. 25 3 ic: Wisconsin firsts. 19c: Longhorns 19c: New York limberger. 30c. By United Press CHICAGO. Feb. 11. Eggs—Market, steady: receipts. 8.124 cases: extra Arsis. 15Vfc@l5%c: firsts. 15c: current receipts. 13V*W14e: seconds. ll©l2c. ButterMarket. steadv: receipts. 6.925 tubs: extras. 2lVic: extra firsts. 20'<!<3!20%c: firsts. 19’i<S20c: seconds. standards 21 He. Poultrv—Market, easv: receipts. 1 car: fowls. 15@17Vic: Leghorns. 15c: ducks 17ST20C: geese. 13c: turkevs. 15C?20croosters. 10c. Cheese—Twins. llH@ll 3 ic: voung Americas. 12@13V&C. Potatoes—Or track. 160: arrivals. 54: shipments. 775: market, dull- Wisconsin round whites. 80 fi?Bse: Minnesota Russets. 85ctfi$l: Red River Ohios. $1.15: Idaho Russets. 51.35® 1.45.
Average Stock Prices
Average of thfrtv industrials for Wednesday 71.80 off .58. Average of twenty rails 33.31. up .25. Average of twenty utilities 29.85 off .09. Average of forty bonds 78.01. off .23. RAW SUGAR PRICES —Feb. 11— . High. Low. Close. January 1.20 1.17 1.20 March 98 92 95 Mav 1.02 .96 .99 Julv 1,88 1.03 1.08 September IA3 1.09 1.11 December 1.18 1.15 1.17
THE INDIANAPOLIS TIMES
SWINE VALUES SHOW LOSS OF 85 PER CENT Retail Pork Price Declines Only 22 Per Cent for Year. By United Prett WASHINGTON, Feb. 11—The price of hogs today is 85 per cent less than a year ago, according to | bureau of agricultural economics of I the department of agriculture. The retail price of pork products, however, is only 22 per cent less. The total number of hogs at the beginning of this year was 9.4 per cent above the number a year before, the increase representing about 5,000,000 head. About 3,000,000 of this increase was in the corn belt. Hogs showed the largest percentage of increase in numbers and suffered the most drastic price decline of any class of livestock. The average price dropped from $11.36 to $6.14 a head during 1931. Increase Follows Decline Last year's increase in the number of hogs—which certainly had much to do with the drop in price—followed three years of decline. However, the danger that the 1933 report will show a total number in excess of the 59,511,000 reported in January is indicated in the bureau’s report of the “breeding intentions’’ of the industry. When adjusted for the usual spear between the breeding intentions reported in September and the actual farrowing reported the following June, the survey indicates there will be about 2 per cent more pigs farrowed this spring than last. However, the consumption of pork products has increased about 6 per cent—probably as the result of the 22 per cent drop in prices. Many Factors Considered At the beginning of the present year, there were about 559,000,000 pounds of pork in warehouses, a 7 per cent increase over the year before. The bureau was very careful not to forecast the 1932 activities of the hog market, but it did sum up favorable and unfavorable factors that 'will affect it. “Unfavorable factors confronting corn belt producers in the marketing year 1932-33 are an expanding hog production in the south and west, increasing numbers of cattle on farms, and continued large slaughter of sheep and lambs,’’ the bureau reported. “Favorable factors are decreased hog production in the corn belt and decreased European hog production in 1932.”
Net Changes
Ry United Press NEW YORK, Feb. 11.—Closing prices and net changes in principal stocks traded today on the New York Stock Exchange follow: Allied Chemical 69% ft American Can 62% 5% American Smelting 14% 1% American Telephone 118 % *7% Auburn 109% 15% Bethlehem Steel 19 2% Case 31% 5 Consolidated Gas 58% 4% Du Pont 52% 5% Electric Power 12% 1% General Electric 20% 2V2 “General Motors 21% 1% International Nickel 8% % Kennecott 10% % Montgomery Ward B*4 1% National Biscuit 42*4 4% N. Y. Central 28% 3 North American ... 33% 3% Pennsylvania 20% 1% Public Service 57% 3% Radio 8 % Rears Roebuck 32 4 Standard Oil. N. J 27% 2 Texas Corn 11% i% Union Carbide 30% 3 Union Pacific 76 6% U. S. Steel 43% 5% Vanadium 14% i% Westinbhouse Electric 26% 2% Woolworth 41% 3% •Ex-dividend. New York Liberty Bonds —Feb. 11— Ist 4*4s *. 98.50 4th 4%S 99.40 Treasury 4%s 100.40 Treasury 4s 96 n Treasury 3%; 92.20 Treasury 3%s of ’47 .. 90.28 Treasury 3%s of 43 (March) 92. legaYs Legal Notices NOTICE TO TAXPAYERS OP "INTENTION TO TRANSFER FUNDS. WHEREAS. the estimated amounts needed for certain items were underestimated for the years 1931-1932, and the amounts appropriated are not sufficient to meet the demands: AND WHEREAS, by transfer from funds previously acquired through a reduction of estimate ip the needs of various appropriations, the needs may be met: THEREFORE, Be It Resolved that the Business Director be and is hereby ordered and directed to cause transfer to be made as follows, in conformity with the provisions of "An Act approved March 7. 1927—Page 247:’* Transfer from: 10103 Clerks’ and Stenographers’ Sal a r ies, Superintendent’s Office i, $ 650.00 10102 Asst. Superintendent and Director of Research Salaries 500.00 21204 Supervisors’ Salaries— Elementary Schools 2,750.00 21405 Teachers and Assistants Salaries S. H. S 300.00 Transfer to: 10203 Clerks’ and Stenographers’ Salaries, Social Service 660.00 10291 Enumeration 500.00 21203 Clerks and Stenographers’ Salaries—Supervision 250.00 21309 Substitute Teachers—Elementary Schools 2,500.00 21826 Office Supplies and Expense C. A. H. S 300.00 Hearing relative to the foregoing transfers will be held at the office of the Board of School Commissioners. 150 North Meridian street. Indianapolis. Indiana, at 8 o’clock p. m.. February 23. 1932. BOARD OF SCHOOL COMMISSIONERS OF THE CITY OF INDIANAPOLIS. BY A. B. GOOD. Business Director. Indianapolis Indiana. February 12. 1932. NOTICE TO TAXPAYERS Notice is hereby given to taxpayers of the City of Indianapolis, that the Common Council of the City of Indianapolis now has pending before it. Appropriation Ordinance No. 2. 1932. which proposes to appropriate the sum of $30,531.67 out of the unexpended appropriation of the general fund of the Department of Public Parks from the 1931 to various items of said Park Department funds as follows: To Fund No. 12, Salaries and wages, temporary $19,980.59 To Fund No. 41. Building material 2,634.00 To Fund No. 42. Sewer material.. 562.50 To Fund No. 43. Street and alley 7,234.58 To Fund No. 72, Equipment 120.00 and the sum of $1,250.00 out of the anticipated unexpended balance derived during 1932 from General Ordinance No. 72. 1931 and transferring and appropriating to the various items of said Recreation Department funds as follows: To Fund No. 33. Garage and motor supplies SI,OOO 00 To Fund No. 36. Office supplies... 250.00 The above described ordinance is due to come up for passage at the next regular meeting of the Council to be held on the 15th day of February, 1932, at 7:30 D- m. After said appropriation has been determined. any ten or more taxpayers feeling themselves aggrieved may appeal to •he State Board of Tax Commissioners for further and final action thereon bv filing of petition therefor with the Marion County Auditor not later than ten days after said additional appropriation has been made by said Common Council and the State Board of Tax Commissioners will fix a date for hearing in this County. Witness my hand and the seal of the City of Indianapolis, this 4th day of February. 1932. [SEAL] HENRY O. GOETT City Clerk.
BELIEVE IT or NOT
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IKE California piano supply co. operated in a Huge: red Piano in angeies.
Following Is the explanation of Ripley’s “Believe It Or Not” which appeared in Friday’s Times: The Family Lafarque—ln the, year 768, Pepin the Short, King of the Franks, defeated Weifre, Duke of Toulouse, subjugating his land and Incorporating it in his kingdom. Many of his soldiers and retainers were rewarded with
REMOVAL SALE! Ayres’ 4th Floor Underwear Department Moves to the Street Floor! t The Downstairs Store “Takes Over" $2,000 Worth of Fine Undies and Will Sell Them In a Huge Clearance for SBOO Because Ayres’ Fourth Floor Underwear Department is consolidating with the street floor department, it finds itself with a huge quantity of higher priced merchandise—and no place to put it! The Downstairs Store has taken it over and will sell it tomorrow at a SMALL FRACTION OF ITS ORIGINAL PRICE! Here’s an example: Fine Knitted Underwear 50c Gorgeous Rayon Pajamas 50c Fine Rayon Combination Suits ... 50c Better Balbriggan Pajamas 39c , Sale Starts at 9 SATURDAY MORNING Downstairs at Avres
On request, sent with stamped, addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.
grants of land in the newly conquered territory, where they settled, established families and homesteads. The settlers then were confirmed in the posesion of the soil by Charlemagne, Pepin's son and successor, and their descendants have been living on their farms ever since. The family of La Farque, in
1-E V Registered O 8. 1 W R. Patent Office RIPLEY
particular, descended from a hardy retainer of the Frankish king, has been living and laboring on the same farm for the last 1,160 years, ever since the original La Farque was endowed with the property by the father of Charlemagne in the 1 emote eighth century of our era, as ascertained by the ancient University of Toulouse in the year 1928.
JFEB. 13, 1932
BULLISH NEWS SENDS FUTURE MARTUPWARO Encouraging News Signal for Upswing in All Options. BY HAROLD E. RAINVILLE United Pres* Staff Corresntondent CHICAGO, Feb. 11—A bullish construction placed on the new federal reserve bank bill and more encouraging grain news sent wheat prices rushing upward on the Board of Trade early today. Profit-taking wiped out part of the advance later but the market held a major portion of the gains at the close. Trading quieted after the exciting opening as operators mused over the probable effects of the bill. All American grain markets will be closed Friday, but Winnipeg and Liverpool will be open as usual. Corn Follows Wheat Corn was carried upward with wheat and also reacted from the best prices, although holding the better part of the day's gains. Oats was firm. At the close wheat was 1% to 11,l 1 , cents higher; corn was 174 to 1% cents higher, and oats was 1 cent higher. Provisions rose with grains, advancing around 20 points. Liverpool continued to advance and closed 1% cents to 1U cents higher. There was active short covering early, with many stop-lass orders coming into the pit. July gained 74 cent on May in the early trade. No attention was paid to the weather. Cash prices were 1 cent to 2 cents higher. Receipts were 24 cars. Routine News Ignored Corn shot upward with wheat at 1 the start and held the greater part } of the gains, showing 3 * cent to} % cent higher at mid-session. Shorts were covering for the holi*. day and the strength in whcAt brought in new buying. Profit-tak-ing was heavy. The trade paid no attention to routine news. Gash prices were unchanged to 74 cent lower. Receipts were 170 cars. Oats rallied with the major grains and were 74 cent higher early, but trade was light as the operators watched the action in the wheat and corn pits. Cash prices were 74 cent to 1 cent higher. Receipts were 24 cars. By Times Special CHICAGO. Feb. 11—Carlots: Wheat. 20J corn. 151: oats. 37: rve. 0. and barley. •*.
