Indianapolis Times, Volume 43, Number 241, Indianapolis, Marion County, 16 February 1932 — Page 11

FEB. 16, 1932

-Pin GossipBY LEFT* LEE

Members of the Klwanl* League rolled • Iheu weekly series on the Indiana alleys, the Roberts Clark. McOaughey, Mason and Oalnes quintets taking the entire set from Fcchtman Bockstahler, Baxter. Erk and Seimier, as the Cox and Woodman hoy* won one game from Meyer and Keller. Ochiltree had games of 211. 209 and 201. a total of 621, to top the field over the three-game route. Krels rolled a 234 that gave him single game honors. The Cardinal team of the Edwin Ray League gave the other teams something to shoot at when they posted a season's record of 1,048 to win one game from the Maroons Heuss and Fisher had 319 each. Miller, 212. and C. W. Heuss. 243 to take care of Dick and his 155 during this contest. Grays also won one from the Blues. C. C. Heuss rolled 622 to a 608 for Nunllst to cop high honors over the three-game route. Two-game wins also ruled the Edwin Ray No. 2 league contests, Blues and Grays defeating the Cards and Maroons. The Hcidenrelch Florist team of the South Side Business League had no opponents during Monday night's play, but let the balance of the league know they were around, games of 1.C55 and 1.107 following a start of 869 to give them a t .ree-game total of 3.061. Quill. Baker and Behrens had totals of 661, 653 and 625 for this club. Baker's series Included the high single game mark of 289. Completed contests resulted in a two-game win for Thoman Shoes and Fountain Square State bank over Ellis Barbers and Koch Furniture. Pierson had 629; Lappert. 624; Runyon, 620; Williamson, 616; Ramsey, 618, and Roeder, 607. Lions League contests on the Hotel Antler drives resulted In a triple win for Teeth and Whiskers over Ears and Claws, and a two-game victory for Hide* and Tails from Manes and Heads. Cook rolled 598 to take high three-game total. Chrlsney was nest with 565. Fiher rolled 583 to lead the Olbson company loop during their series on the Illinois alleys. Team results recorded odd game wins, Gntes Tires, A. C. Plugs. O. M. Rsdlo, Pennz oil and Arvin Heater defeating Perfect Circle. Plymouth, Dodge, Norze and Super Service. Sahm showed the hoys a 269 to start his play In the Fraternal League on the Illinois alleys, but faltered, atopplpg at 633, as E Voeltz came fast at, the finish for a league leading 636. Team Tesults showed a triple win for Grotto over Brink, and a two-game verdict for Gun Cluh and Regal from Red Men and Highway Club. The usual good scores were produced during the st. Joan of Arc series on the Uptown alleys. A. Schneider having a 258 for high single, and Frank Argus rolling 644 to lead the field over the long route. Other 600 counts were: Bchmltt, 637; Schneider, 622. and Mathews. 615. No team stood out. Fink Plumbing, American Estate and the Cards taking two from Athletics. Capitol City Fuel and Lanagan Furniture, Lone Star Cement. Pettis Men’s Shop. Citizens Motor and Oartland Foundry will roll their games later. Another 400 scratch doubles will feature at the Illinois alleys Saturday and Sunday. Teams can still enroll In the 1,000 scratch tournev now In progress on the Delaware drives. An entry fee of *5 per team Is charged, this amount being returned to the prize list. Bowling charges are extra. Sterling and Seimier won three games from Crown No. 2 and Pilgrim as Crown No. 1 won the odd game from Riverside Rink during the Laundry League play In the Illinois alleys. Freddie Mounts and Arch Heiss are going to be closely watched when they make their bid for honors In the doubles and singles events next Sunday. Mounts has been hitting in great style all season, and has a start of 674 secured when he led the Union Title team to runner-up position In the team event. Michaelis Builders won the odd game from Glesen Products during the St. Philip No. 1 plav on the club alleys, the rubber being a thriller. Michaelis winning 991 to 986 when Fred Schleimer struck out from th eslxth frame. Dan Abbott was best over the three-game route with a 638 count. Jess Pritchett rolled his stcenth 700 series during the Optimist plav, the big boy counting 715. Chuck Klein would have had the single event In class B sewed up if he could have scored any in his closing frames. The tenth frame of each game was open, with a 4-6, 6-7 and 8-10 spilt. The Doctors and Dentists are preparing for their rivalry match, slipping In a practice game at every opportunity. William Wheeler, sponsor of the Wheeler Lunch bowling team, has taken to the playing end. and is now a dved-ln-the-wool pin tonnler. The reason for this is a 288 he rolled in a practice game on the Uptown alleys Monday. Wheeler, Hall and Lelbold. the office staff of the Wheeler Catering Cos., have all been trying to outscore each other, and the 288 of Wheeler's makes him the boss. This was his lirst game over the 200 mark and was scored with ten strikes in a row and a 6-10 snare on the final ball.

Monday Fight Results

AT PHILADELPHIA—Tonv Canzoneri. 133. defeated Lew Mp.ssev. 137, Philadelphia. (10). (non-title): Youne Ke'enell 151. Chester. Pa., defeated Jimmv Smith. 154. Philadelphia. (10); Joe Costa. 134. \'ew York, stopped Johnny Lucas. Campden. N. J (3); Nick" Venore. 156. Philadelphia, stopped Bert Tubbs. 159. Eneland. (4). AT PITTSBURGH—PauI Pirrone. 160. Cleveland, defeated Tleer Joe West. ICI. Pittsburgh. (10): Tpnv Marino. 114. Pittsburgh. stopped Mickey Parr. 112. Cleveland. (31. AT BUFFALO—Sam Brice. 150. Buffalo, defeated Tonv Tozzo. 157. Buffalo. GO); Tonv Sclolino. 130. Buffalo, stopped Elmer Ciccione. 124, Schenectady. (3): Joe Doktor. 190. Buffalo, stopped Jimmv Mahoney. 178. Chicago. (1). AT TERRE HAUTE. Ind.—Bud Saitls. 159. Clrlcaizo. decisioncd Sammy Slaughter, 159. Terre Haute, GO): Glnaer Gordon. 135 Vlrcennes. decisioii'“d Jack Malone. 135, Irdlananolis. 16). Jimmy Encle. 130. Youngstown. 0.. decisioncd Harry Chapman, 131. Terre Haute. (6). AT NEWARK—AI Rossi. 150. Belleville. N J., stopped Eddie Demosev. 160. Philadelphia. (3); Jav Mecadon. 145. South Oranae. defeated Pete Laratonda. 148. New York. (101: Carl Lautenschlacer. 157. Kansas Citv. defeated Alonzo Smith. 152. Montclair. (6). AT CHICAGO (White City)—'Young Stuhlev 150: Kewane edefeated Jackie Horner. 150. St. Louis (8): Johnny Baima. 154, Chicago, beat Freddie Eller. 161. Louisville. iß> Costas Vassls. 160. Greece, knocked out Jerrv Kucera. 155. Chicago. (1). Glen Camp. 137%. Chicago, beat Howard Jor.es. 140. Louisville. (51. AT HOLYOKE. Mass.—Frankie Carlton. Jersey City. N. J.. outpointed Sammy Gfferntan. California. (10); Gerry Emard. Holvoke. outpointed Ruby Greenberg. New York. (8). BOISE. Idaho—Manuel Quintero. Tampa (Fla.) welterweight, has been suspended by the Idaho .athletic commission and the commission may recommend the suspension cover all states of the N. B. A. It is said Quintero fought Phil Padda of Los Angeles in Salt Lake City and later went to Idaho Falls where Padda is alleged to have used the name of Joe Ivivers. Quintero won both bouts by knockouts In the third round. Padda also has been suspended.

Monday College Scores

WESTERN CONFERENCE Indiana. 33: Wisconsin. 21. Michigan. 40: lowa. 22. Illinois. 23: Minnesota. 15. Purdue. 43: Ohio State. 26. OTHER SCHOOLS Grlnnell. 29: Washington (St. Louis). 20 Washhntton State. 29: Oregon State. 24. Kansas, 51: Nebraska. 19. St. Louis. 30: Oklahoma A Jt M.. 23. Auburn. 26; Georgia. 24. Duauesne. 38’ George Washington. 32. Gustavus Adolphus. 27: St. John's. 23. St Ambrose. 40: Dubuaue. 25. Pittsburgh Teachers. 34: Wichita. 76. Southern Illinois Teachers. 20: * tate Normal. 19. Southwestern (Memphis). 40: Millsaps. 26. Sf. Cloud Teachers. 75: Transvlvanla. 22. Birmingham Southern. 23: Howard. 21. Southern. 22: Rollins. 16. Brooklyn K of C.. 29: Canlslus. 28. Maryland. 49: W. and L.. 19. Michigan State. 25: Marauette. 23. REYNOLDS TOPS CARD Jack Reynolds, welterweight title claimant, and Blacksmith Pedigo, popular Louisville veteran, tangle in the two falls out of three feature event on next Friday’s mat program at the Armory. Heavyweights collide in the two falls out of three semi-windup, the popular A1 Baffert, Canadian star, returning to local competition to oppose Turkey Bey, rough grappler making his tirst start here. Two other events are being arranged. BOXING COACH ILL Jimmy Dalton, boxing instructor at South Side Turners gym, will undergo an operation for appendicitis at tfrilted States war veterans hospital. He was stricken last week while preparing the Turner team for the Marion county amateur mitt show next Saturday.

STOCK SHARES HOLD FIRM IN NARROW RANGE Leaders Come Back After Early Dips; Steel Issues Steady.

Average Stock Prices

Average of thirty Industrials for Monday 82 18, on 3.64. Average of twenty rails 38 58. off 1.12. Average 'of twenty utilities 33 96. off .91. Average of forty bonds 78 90, up .40. BY ELMER C. WALZER United Press Financial Editor NEW YORK, Feb. 16.—The stock market continued to give a good account of itsell in the morning dealings today, holding the greater part of the sharp gains made last week. Dealings quieted down, but prices generally held close to the previous closing levels. Buying was In a reduced scale largely because traders were waiting to see the technical position of the market, rather than because of any change in the outlook. Changes were narrow and the character of the market was much the same as prior to the sharp uprush in the closing sessions of last week. Pool Activity Quiet Some hangover liquidation from Monday centered on a few leaders like Steel, American Telephone and American Can, but these shares rebounded to around their previous closing levels after setbacks of about a point each. Much interest continued In Transamerica, which rose fractionally to another new high for the year. Active buying of the stock was reported from the Pacific coast where A. P. Gianruni, who regained control of the company Monday, has a large popular following. Many orders were reported for odd lots and the rise was considered a “tribute to A. P.,” who ousted the Wall Street management almost single handed. Pools continued to wait for an. opportunity to resume the upswing of last week and were encouraged by the manner in which leading stocks met support on Monday’s setback. Bonds Work Lower The group in radio was particularly active, bidding up this favorite nearly a point to around the $lO level. Little occurred in other markets. Bonds were irregularly lower despite a further advance in United States government obligations. Curb stocks were quiet and steady, while cotton and grains eased slightly. Reports that active negotiations for consolidation of the Standard Oil Company of New Jersey and the Standard Oil Company of California would be resumed within a few weeks when California directors arrive in New York had little affect on the petroleum shares, which held steady around previous closing levels.

New York Curb Market

(By Thomson & McKinnon) ' —Feb. 16*11:001 n : oo Alum Cos of Am 54%1Gu1f Oil 29% Am Cvanamid.. 3%itnsull Ut 3 Am G & Elec.. 35%;tnt Pet 9% Am Sup Pwr... 4 iMidwest Util ... 4% Ark Gas A 2%;Nat Aviation... 3 Ass Gas & Elec. 4* 1 Newraont Min... 11% Braz Pw & Lt.. 11-VNia Hud Pwr... 6% 2an Marc X%(Pitt Glass 18% x ft Sts Elec... 2 Penroad 3% Cities Service 6 St Regis Paper.. 4% Cons G of Balt 109 ISel Indus 1 S,ord 6V B !3td of Ind .... 15% Deer it Cos 9 lUn Gas A 2% Elec Bd & Sh.. ll%iUn Lt & Pwr... 6% Ford of Eng ... S%IUt Pwr 2% Goldman Sachs. 3 |Jn Fndrs 2 Great A & P . .146 I

Investment Trust Shares

(By Gibson & Bernard) .. PRICES ARE TO 12 NOON C. S. T. ~ Bid. Ask. Am Founders Corp com % % Am it Gen Sec A 3% ... Am Inv Tr Shares 2V 2% Basic Industry Shaves 2% ... Collateral Tr Shares A 3% 4% Cumulative Tr Shares 3% 4 Diversified Tr Shares A 7% ... Fixed Tr Oil Shares 2% ... Fixed Tr Shares A 7% ... Fundamental Tr Shares A.... 3% 4% Fundamental Tr Shares 8.... 3% 4% Leaders of Industry A 3% ... Low Priced Shares 3% 3% Nation Wide Securities 3% 3% Selected American Shares 2% 2% Selected Cumulative Shares... 6% 6% Selected Income Shares 3'/ 3% Shawmut Bank Inv Trust 1 3 Std Am Trust Shares 3% S% Super Corp of Am Tr Shares.. 3% 3% Trustee Std Oil A 3% . Trustee Std Oil B 3% 3% Unified Service Tr Shares A.. 2% 2% U S Elec Light it Power A 17% 19% Universal Trust Shares 2% 3V,

Net Changes

By United Press NEW YORK, Feb. 15.—Closing prices and net changes on principal issued traded on the New York Stock Exchange today: Ud. Off. Allied Chemical 47% ... 2 1 6 American Can 66% ... 2% Amer Tel & Tel 128% .. 4% Auburn Auto .-.119% ... 4% Beth Steel 20 ... 1% Case J I 35% ... % Chrysler 12% ... % Cons Gas 62% ... 2V Du Pont .. 55% ... 1% Gen Electric 21% ... 2V Gen Motors 22% ... V Inter Tel & Tel 10% ... % Kennecott 10% ... *4 Loews Inc 29G ... % Montgomery Ward 14% ... 1 National Biscuit 42*4 ... 2% National Power & Light 14% ... % New York Central 31% ... 1% North American 35*/■ ... % Paramount 8% ... % Pennsylvania 21% ... % Public Service 55 s * ... 2% Radio .. 8% ... % Sinclair 5% ... % Standard Oil N J 28% ... 1% Socony Vacuum 10% ... % Texas Corp 12 . . ** Transamerica 4% % United Corp 9% ... % U S Steel 47% ... 1% Weitlnghouse Eiec 29% ... 2%

New York Bank Stocks

<Bv Thomson & McKinnon) —Feb. 15Bid. Ask. Bankers 62 64 Brooklyn Trust 230 240 Central Hanover 139 143 Chase National 38)4 404 Chatham Phoenix Natl 21 Chemical 33* 35H Citv National 50ta £24 Corn Exchange 62 <-5 Commercial 15! 159 Continental 154 174 Empire 34 26 First National 1.600 1.700 Guaranty 302 3C7 Irvine 194 20’4 Manhatten 6: Cos 374.> 3S'-i Manufacturers 31' a 33'v New York Trust 81'j Ft 1 ? Public 25 27 TECH SWAMPS RIPPLE Tech freshman cagers held Broad Ripple yearlings to one field goal, scored in the last minute of play, to score a 31 to 4 triumph at the east side court Monday. The winners let, 17 to 2, at the half.

New York Stocks fßv Thomson & McKinnoni

—Feb. 16— Railroad*— Prev. Hleh. Low. 11:00 close. Atchison 85% 84% 85% 84'. Atl coast Line 32 31 | Balt & 0hi0.... 17*i 17 17*. 177. Chesa & Ohio . 34*4 23% 24% 21*. | Chesa Coro .... 16% 18% 16% 17 Can Pac 15*. 15% 15% 15% Chi Grt West . 3% Chi N West 9% 974 C R I & P 12% Del L & W.... 23 22 % 23 22% Del & Hudson.. ... ... 83 83 Erie 8 77k 774 8% Erie Ist nfd 11 , Great Northern 2074 Illinois Central 1474 1 4 1 474 14% Kan City So 11% Lou & Nash * 2474 M K it T..... C% Mo Pacific 874 B*4 874 874 Mo Pacific nfd.. 20% 19% 19% 20% N Y Central... 3074 2974 30% 3174 Nickel Plate 7 NYN HSt H.. 27% 27% 27% 2774 Nor Pacific 20% 20 20 20% Norfolk St West 132 132 Pennsylvania 2i% 2074 21% 22*/* Seaboard Air L .74 ..74 So Pacific 33 3174 32 337. Southern Ry 11 St Paul 274 (St Paul pfd 4% St L & S F 574 5% Union Pacific .. 8674 85 % 8574 8674 Wabash 3% W Maryland 674 Equipments— Am Car & Fdy 7% Am Locomotive Am Steel Fd 774 Am Air Brake Sh .. ... ... 13 Gen Ar Tank ... 3074 30 30 30% General Elec ... 22 21% 21% 21% Gen Ry Signal 24 Lima Loco 1474 N Y Air Brake 6% Press Btl Car... 174 Pullman 2174 22 Westingh Ar 8.. 16% 15% 1674 1574 Westingh Elec.. 307. 297* 307a 2974 Rubbers— Firestone ... 1274 12% | Fisk 74 74 Goodrich 4% 4 4% 4 I Goodyear 15% 157* 15% 15% i Kelly Sprgfld ... 1% 1% 1% 2 U S Rubber 4% 474 Motors— Auburn 118% 115% 11874 119% Chrysler 1274 1274 1274 13% General Motors.. 2274 2274 22% 22% Graham Paige .... ... 3V 3% Hudson 874 874 87 9% Hupp 4 474 Mack 14% 1374 1374 14% Marmon 1% Nash 17% 16% 17 17% Packard 474 4 4% 474 Reo 3 274 33 Studebaker 11% 11% White Mot 9% Yellow Truck 4 4% Motor Aces*— Bendix Aviation 17 16% 17 17 Borg Warner ... 11 1074 11 11 Briggs 9% 974 9% 9% Budd Whel 3% 374 Eaton 674 El Auto Lite ... 29% 29 74 29 74 3 0 El Storage B 30% 30% Rayes Body 1% Houda 374 3 1 4 Motor Wheel 574 Murray Body.. 7% 7*4 774 774 Sparks W 274 Srcwart Warner 574 574 574 5% Timkin Roll ... 20% 2074 2074 20% Mining— Am Metals 474 474 474 5 Am Smelt 15% Am 74inc ....... 15% 15% 15% 3 Anaconda Cop . 10% 10% 10% 10 Alaska Jun 1574 1474 1574 15 Cal & Hecla 3% 3 Cerro de Pasco.. 1174 11% 11% 11% Dome Mines ... ... 8% Freeport Texas 17% 18 Granby Coro 674 Great Nor Ore.. 12% Howe Sound 11 Int Nickel 774 774 7% 7% Inspiration 3% Isl Crk Coal 1574 Kennecott Cop 10% Magma Cop 774 Miami Copper 374 Nev Cons 474 474 474 474 Noranda 14% Texas Gul Sul 2474 24% V 8 Smelt 16% Oils— • Amerada 13% Am Republic 2% ... Atl Refining 10 974 10 10% Barnsdall 4% 474 4% 5 Houston 374 4 Mex Sbd 8% 8 8 8% Mid Conti 6 Ohio Oil 5% 5% Phillips .. ... 474 4% Prairie Pipe ... 774 7% Pr Oil it Gas 574 5% Pure Oil 474 Royal Dutch 18% Shell Un 3% 3% Sinclair 5% 5*4 574 574 Skelly 3 Stand of Cal ... 2574 25 2574 2574 Stand of N J ... 29 28% 29 2874 Soc Vac 10% 974 10 10% Texas Cos 1174 12 Union Oil 12 12 Steels— Am Roll Mills... 10% 9% 10% 9% Bethlehem 21 2074 2074 2074 Byers AM 1474 14 14 1474 Inland ... 23 Ludlum 474 474 474 474 McKeesport Tin. 54 53 54 5374 Midland 874 874 8 % 9 Repub I it S 574 6 U S Steel 4774 4674 47% 47% Vanadium 15 1474 Youngst S it W 1574 ... Youngst S & T 16 Tobaccos— Am To (B new! 78 Am To (B new). 78 7674 78 78’% Con Cigars 22 General Cigar .. .. • 35% Lig it Myers 8.. 56 74 5 6 5 6 57% Lorillard 1474 14 1474 14% (Reynolds Tob .. 37 74 3 674 3 774 37 74 Tob Pr B 43, Utilities— Abitibi 274 274 Adams Exp 5% 574 Am For Pwr.... 7% 7% 7% 774 Am Pwr St Li 15 1474 A T&T......128% 126% 128% 128% Col Gas &El 14 13*4 1374 1374 Com & Sou 474 4% 4% 4% Cons Gas 62% 6174 62 % 6274 El Pwr &Li 127* 1274 12% 12% Gen Gas (A) 2% 2% Inti T & T 10% 10 10% 10% Lou Gas & E! 2274 Natl Pwr & Li.. 14% 14% 14% 14% No Amer Cos 35 74 35 74 35 % 35% Pac Gas &El 35 74 3574 Pub Serv N J.. 55% 5574 55% 55% So Cal Edison 32 32% Std G& El 3074 3074 United Corp 9% 9% 974 9% Un Gas Imp 20 19% 20 1974 Ut Pwr &~L A.. 9 8% 8% 9 West Union ....14474 143% 14474 14374 Sbipmne— Am, Inti Corp.... 774 674 7 % 7% United Fruit ... 26 2674 Foods— Am Sugar 26 26% Armour A 1% Can Dry 12 77. chiids co g Coca Cola 113 11274 112Y* 113 Cont Baking A 6 Com Prod 43% 43 43% 43 Cudahy Pkg 32% Cuban Am Sug 174 Gen Foods 3474 34% 3474 3474 Grand Union 8% Hershe” 79% 79% Jewel Tea 3374 Kroger 15 1474 14% 14% Nat Biscuit 43% 43 43% 42% Natl Dairy 25% 25% 25% 257? Purity Bak 1374 13% 13% 13% Pillsburv 22 22 Safeway 5t..., 49 Std Brands ... 13% 13 13% 13 Drugs— Cotv Inc 4 Drug Inc 54 53% 54 54 Lambert Cos 49% 48% 48% 49% Lehn & Fink 21% Industrials— Am Radiator 774 " 774 7% 7% Gen Asphalt 137-4 13% Otis Elev ’... 18 18% Ulen 274 Indus Chems— Air Red 54% 54 5444 54% Allied Chem ... 74% 7374 7474 74% Com Solv 8% 874 874 9 Dupont 55% 54*4 55% 5574 Union Carb ... 32*4 31% 32 74 32% U S Ind A1c0... 25 24*4 25 25 Retail Stores— Krespe S S .... 17*4 177-4 17% 17% May D Store 17% Mont Ward 974 9% 9% 9% Penny J C 2974 29*4 2974 29% Schulte Ret St 374 Sears Roe 3374 33 3374 33 Woolworth 42% 42 42 4274 Amusements— Bruns Balke 2 Croslev Radio 374 Eastman Kod .. 76 74% 75% 75% Fox Film A 374 3*4 374 4 Grigsbv Gru 174 loews Inc 30% 30 30% 29V* Param Fam 9 B*4 8% 8% Radio Corp .... 9% 87* 974 874 R-K-O 6% 574 Miseella neons— City Ice & Fu 27 Congoleum 10% Proc * Gam 41 40% Allis Chal 12% Am Can 66% 65% 65% 66% J I Case 35% 3374 34% 35% Cont Can 36% 3674 36% 36% Curtiss Wr 2 174 2 2 Gillette SR... 16*4 16 16% 16 Gold Dust .... 16% ... 17% 17% Int Harv 23% 2374 Tnt Bus M 103% 104 Real Silk .' 3*4 Un A rest 15% 1474 15*4 1574

Local Wagon Wheat

Citv grain are javtng 47c for No 2 red wheat and 47c for No. 2 hard wheat. Chicago Stocks Opening (By James T. Hamill & Cos.) —Feb. 16— Bendix Aria., )7Vi Insull com ... 3 Bo’-g Waroer... 11 tnsull pfd 5 Cent So Wst.. 5*4 Insull Cord Coro 64 Middle West ... 44 Comm Edison. 109 Sbd Utilities ... 14 Cheo Bec IV) Swift Inti 184 Grigsby Gruno 14 U S Gypsum.. 22>* Gt Lks Arcft .. 14'Ut & Indus com ? RAW SUGAR PRICES —Feb. 15High. Low. Close. January 1.25 1.21 1.21 March 1.00 .95 .95 May 1.04 1.00 1.00 July l.io 1.07 1.07 September 1.18 1.13 1.13 December 1.24 1.18 1.19

THE INDIANAPOLIS TIMES

PORKER PRICES DROP 10 CENTS AT CITYYARDS Steer Trade Sluggish With Asking Higher; Lambs Strong. Practically all classes in hogs showed a loss this morning at the city yards. Prices generally were 10 cents off from Monday’s average. The bulk, 140 to 325 pounds, sold for 53.70 to $4.10. Receipts were estimated at 5,000; holdovers were 98. In the cattle market steer trade developed slowly with asking higher. She stock held steady. Receipts were 1,600. Vealers were unchanged at $8 down. Calf receipts numbered 600. Lambs showed a stronger tendency, sales in early trade reaching a top price of $6.75. Receipts were 2,100. Bids and sales on hogs In the Chicago market this morning held mostly steady with Monday’s average, while general asking was strong. The bulk, 170 to 210-pound weights were bid at $4 to $4.15, and hogs weighing around 250 to 260 pounds sold at $3.80. Receipts were estimated at 25,000, including 6,000 direct. Holdovers amounted to 5,000. Cattle receipts were 6,000; calves, 2,500; market, steady. Sheep receipts totaled 17,000; market stationary. HOGS Feb. Bulk. Early Top. Receipts. 9. *3.70® 4.15 $4.15 4.000 10. 3.8547' 4.30 4.30 3,000 11. 3.95® 4.30 4.30 3;000 12. 3.80®) 4.30 4.30 4,000 13. 3.80® 4.30 4.30 1,500 15. 3.80® 4.20 4.20 4.000 16. 3.70@ 4.10 4.10 5.000 Receipts, 5.000; market, lower. (140-160) Good and choice $ 4.00 —Light Lights—-(l6o-180) Good and choice.... 4.10 —Light Weights—-(lßo-200) Good and choice... 4.10 1200-220) Medium and g00d... 4.05 —Medium Weights—-(22o-250) Good and choice... 3.95® 4.05 (250-290) Medium and g00d... 3.80® 3.90 —Heavy Weights—-(29o-350) Good and choice.... 3.60® 3.80 —Packing Sows—-(3so-500) Medium and good ... 3.00® 340 (100-130) Slaughter pigs .... 3.50® 3.75 CATTLE Receipts. 1,600; market, steady. Good and choice $ 5.75® 9.50 Common and medium 3.00® 5.75 (1,100-1,800) Good and choice 5.75®) 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 y 1.25® 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 ;...$ 7.50® 8.00 Medium 5.50@ 7.50 Cull and common 3.50® 5.50 —Calves— Good and choice 3.50® 6.00 Common and medium 2.00® 3.50 —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, 2,100; market, higher. Good and choice $ 6.00® 6.75 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 , CHICAGO, Feb. 16.—Hogs—Receipts, 25,000, including 6,000 direct; strong to 5c higher; 170-210 lbs., top, $4.20; 220-250 lbs., [email protected]; 260-300 lbs., $3.70 (6 3.80; 140-160 lbs., [email protected]; pigs, s3@ 3.50; packing sows, $3.30(0)3.40; lightweights. 160-200 lbs., good and choice, s4<g> 4.20; medium weights, 200-250 lbs., good and choice, [email protected]; heavyweights, 250350 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, $3<53.75. Cattle— Receipts, 6,000; calves, 2,500; fed steers and yearlings about steady; quality plain; better grade yearling heifers active, Arm, but beef cows in dull demand: bulls and vealers weak; slaughter cattle and vealers; steers, 600-900 lbs., good and choice, s7<6 9.50; 900-1,100 lbs., good, and choice, s7@ 9.50; .1,100-1,300 lbs., good and choice. $7.25 @9.50: 1,300-1.500 lbs., good ahd choice, [email protected]; 600-1,300 lbs., common and medium. [email protected]; heifers, 550-850 lbs., good and choice, excluded, good and choice eef, $3(3)3.75; cutter to medium, $2.25® H§U,,y£ al<srs ' mllk fed - J?°°d and choice, 6.25(37.50; medium, [email protected]; cull and common. $3.25@)5.25; stocker and feeder cattle: Steers, 500-1,050 lbs., good and chpice, $4.50(35.50; common and medium, [email protected]. Sheet) —Receipts, 17,000; not fully established, few sales about 25c lower; choice native lambs, $6.50 to yard traders; packers bidding [email protected] on good to choice kinds; slaughter sheep and lambs: Lambs, 90 lbs. down, good and choice, $6(3:6.75; medium, ss@6; all weights, common, $4(3 5: ewes, 90-150 lbs., medium to choice, $2.25(34; all weights, cull and common, $1.50(32.75; feeding lambs. 50-75 lbs., good and choice, [email protected]. By Times Special Feb. 16.—Hogs—Receipts. 500; 10c lower; 175-235 lbs., $4.20; 240-295 lbs., $3.90; 300 lbs. up, $3.30; 175 lbs. down, $3.80; packing sows, [email protected]; stags, $2.05. Cattle—Receipts, 150; steady at Monday’s advance; bulk butcher steers and heifers, s4@s; best ss@6; slaughter cows and bulls, $3.25 down; bulk st.-ckers, $3(3)5.25; calves, receipts, 200; best vealers 50c lower; $6.50 down; mediums and throwouts $5 down. Sheep and lambs— Receipts, 50; steady; top fat lambs, $6.25; buck lambs. $5.25: throwouts, $3.50 down, and fat ewes, $2.50 down. Monday’s shipments—Cattle, 233; calves, 385; hogs, none and sheep, none. By United Press CmciNNATI, 0., Feb. 16.—Hogs—Receipts, 3,300 including 1,283 direct; held over, 180; steady to 10c lower; action only a 1 '* decline; better grade 160-235 lbs., oinVSn' ,t° : 1 2?^ 1 7,1 4 - 40 on 225 lbs - down; JS s ’’ 2 *o-310 lbs., $3.85(64; lbs -’ $3.85@4; bulk sows, $3. Cattle Receipts, 450; calves, 675; moderately s€ner5 €nera ’y steady; odd lots common and medium steers and heifers, $4.50(35 50some downward to $4; a few better fini rvh 3 ,® 5 - 75( 7 6: most beef cows, K n loW oS tt S rs and cutter's. $1.75 (i2.75, bulls $3.50 down; good and choice vealers steady $7.50<38; iower grades very unreliable sellers, weak to lower mostly $6.50 down, a few $7. Sheep—Receipts. 450; lambs fully steadv: better grades scarce, *6(36.50; small lot handy tTso/sH’ bul * c common and medium, *[email protected]; sheep steady, $2 down. By United Press BAST ST. LOUIS. Feb. 16—Hoys wcelats. 10.000; market, strong to top. $4.20: most 150-230 lbs . s4@4 20‘ 240lon bs " 95: 100-140 lbs., $3.23<3 sows, mostly [email protected]. Cattle—Tie-2-3(w - , Calves—Receipts. 1.200market. generaly steady but slow: a few early steers sales. $4.85(35.50; some ►etter unsdd: mixed yearlings and neifers, *4®6.25: cows. $2.50(33; low cutters. $1.506) 1.75; tOD medium bulls. $2.85: pood end choice vealers. SB. Sheen—Receipts, 1 200market, few lambs to citv butchers, steadv at $6.50: asking higher for others. By United Press ket steady to 10 cents lower: 160-180 lb *<• 180-200 lbs.. $3.90; 200-225 lbs.. $3 80 : 225-250 lbs, *3.75: 250-275 lbs. $3.70- 275300 lbs.. $3.60: 300-:25 lbs.. $3.50; 140-160 lbs.. 53J5: 120-140 lbs.. $3.40: 100-120 lbs. *3.25; roughs. $2.90, down; top calves $7top lambs, $5.50. By United Press FT. WAYNE, Feb. 16.—Hogs—Market, steady, top $4: roughs, $3; stags, $1.50calves, $8; lambs. $5.50. By United Press PITTSBURGH. Feb, 16.— Hogs—Receipts. 600; market, mostly 10c higher: 170-230 lbs.. *4.60(34.70: 220-270 lbs.. $4.25@4 50hacking sows. [email protected]. Cattle—Receipts’ 15: market, nominal; medium erade steers! auoted Ground $5’®6.50: medium heifers s4®s. Calves—ReceiDts. 50: market, steadychoice vealtrs. $8.50@9. Sheep—Receipts! 150: market, little changed: good to choice wool lambs. [email protected]. By United Press CLEVELAND, Feb. 16.—Hogs—Receipts 19,000: holdover. 68; steady: 105-230 lbs ’ *4 [email protected]; 240-300 lbs.. *3.9064: pigs. $3.50: few light lights, $3.75; rough sows. $3. Cattle—Receipts, 200; steady; scattered common to medium steers 1,017 lbs. down. *4.7505.60; low cutter to medium cows $1 50(33.50. Calves—Receipts. 600; weak: good to choice vealers, $8.5069: odd head higher; cull to mediqjn around. [email protected] Sheep—Receipts, 1,200; steady to strongquality considered; nearly good to choice lambs. $6,254*6.75; bulk, **so upward; rather plain throwouts, $5&5.50; nearly good clipped lambs, $6.

Dow-J ones Summary

Autocar Company In 1931 reported net loss amounting to $612,228 after charges, against $149,502 in 1930. Clinchfieid railroad in 1931 showed net loss of $1,007,221 after charges, against $462,051 in 1930. Postal Savlnrs deposits in United States during January increased 162,417,213 over December to $658,081. United Carbon Company In 1931 reported net loss of $397,769, after charges, against net profit of $704,600 in 1930. New York cables opened in London at 3.45%. against 3.45%: Paris checks. 87.50; Amsterdam. 8.535; Italy. 66.375, and Berlin. 14.562. Total sugar melt of fourteen United States refiners from Jan. 1 to Jan. 30, totaled 270.000 long tons, against $275,000 in like period of 1930; total deliveries were 230,000 long tons, against 270,000 long tons. Loew’s. Inc . declared the regular quarterly dividend of 75 cents on common stock, payable March 31, of record March 15. Treasury offering $60,000,000 ninty-one day bills to be sold to highest bidder on discount basis. New York Airbrake Company In 1931 shows net loss amounting to $326,313 after charges, against net profit of $588,557 in 1930. Hudson Motor Car Company reported net loss of $1,991,198 after charges, against net income of $324,656 in 1930. Alton Railroad In January showed deficit after taxes and charges of $168,168, against $591,100 in January, 1931. Domestic crude oil output in United States in week ended Feb, 13. averaged 2,130.441 barrels daily, a decrease of 17,804 barrels from previous week, according to the Oil and Gas Journal. Kroger Grocery and Banking Company on Jan. 2, 1932 year, earned $1.46 a common share, against $1.15 in previous fiscal year. United Piece Dye Works declared four regular quarterly dividends of $1.62% on preferred stock, payable April 1. July 1, Oct. 1 and Jan. 2. of record March 20, June 20, Sept. 20 and Dec. 20, respectively. Brooklyn Union Gas Company in 1931 showed earnings of $7.65 on average common shares outstanding, against $7.23 in 1930. H. R. Mallison in 1931 reported net loss of $561,382, after charges, against $1,456,908 in 1930. Sharpe & Dohme. Inc., In 1931, showed earnings of $3.39 a share on the $3.50 cummulative convertible preferred stock, against 54 cents a common share after preferred dividend requirements in 1930. Florida East Coast Railway Mompany in 1931 reported net loss of $2,395,046, after charges, againstp $1,998,313 in 1900. New York Curb Exchange reports short position in all securities as of Feb. 1, totaled 73,828 shares, against 80,796 on Jan. 15. National Aviation Corporation showed net asset value for stock was $7.22 a share on Dec. 31, 1931, against $8.05 on Dec. 31, 1930. Cutler-Hammer in 1931 net loss amounted to $501,019 after charges, against net profit of $1,190,289 in 1930. Pacific Western Oil Corporation in 1931 reported net loss of $903,124, after all charges, depreciation, depletion, etc., against net profit of $2,316,544 in 1930. Belding Hemingway in 1931 showed net loss of $971,700 after charges, against sl,541,287 in 1930.

Bright Spots of Business

By United Press WASHINGTON, Feb. 16.—Car loadings for the week ended Feb. 6 were estimated at approximately 12,000 to 15,000 cars above the preceding week. DOVER, O.—Reeves Manufacturing Company’s local steel sheet plant resumed operations at 75 per cent of capacity, CHARLOTTE, N. C.—Equipment operated by Southern Textile Mills was increased during 1931 by installation of 139,076 additional spindles, 5,176 looms and 4,990 knitting machines. NEW YORK—Traffic through the Holland tunnel during January was reported at 905,751 vehicles, an increase of 5 per cent over aJnuary, 1931, and 15 per cent over January, 1930. •

Produce Markets

Eggs (country run)—Loss off delivered in Indianapolis. 11c; henerv duality i*o. 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. 3Va lbs. or over. 14c: under. 13c: Leghorn broilers. 10c; spring chickens. 5 lbs. and un. 12c: under lie: old cocks. 7c: ducks, full feathered. 9c: geese. 6c. These prices are for No. 1 top oualitv auoted bv Kingan & Cos. Butter (wholesale) —No. 1 25<@26c: No. 2. 23@24c. Butterfat —20c. Cheese (wholesale selling price per pound)—America loaf. 23 3 /c: pimento loaf. 25%c: Wisconsin firsts. 19c: Longhorns. 19c: New York limberger. 30c. By United Press NEW YORK. Feb. 16.—Potatoes—Market, auiet: Long Island. [email protected]: Southern. $2.50@3 per barrel: Idaho. [email protected] per sack: Bermuda, $4.50@9 per barrel; Maine. *1.50(6)1.90 per barrel: Canada. [email protected] per barrel. Sweet potatoes—Market, pull; Jersey baskets, 35c@$l; Southern baskets, 40@65c. Flour—Market, dull: spring patents. $4.35(34.60 per barrel. Perk—Market, easy; mess, $16.50 per barrel. LardMarket. easier; middle west spot. *5.10@ 5.20 per 100 lbs. Tallow—Market, auiet; special to extra. 2%@2*/bc per lb. Dressed poultry—Market, steady: turkeys. 16@25c; chickens. 21@29c: fowls, 10@22c: ers. 20@27c: ducks. 12@16c: Long island ducks. 17(6T8c: capons, 18@30c. Live poultrv—Market, steadv: geese. H@2oc; ducks. ll@21c: fowls. 17@22c: turkeys 15@ 30c: roosters. 12(613c: chickens. 15@22c; broilers. 16@24c: capons, 15@30c. Cheese —Market, steadv: state whole milk fancy to special. 11 1 /2@lßc: young America. 12V2 @ 13*/ 2 c. • By United Press CINCINNATI, Feb. 16.— Butter—Packing stock No. 1. 18c; No. 2 12c; No. 3 8c; butter fat, 16(319c. Eggs—Steady; cases included, extra firsts, 14c; firsts, 13c; seconds, 11 Vic; nearby ungraded, -13 c; duck eggs, 13c. Live poultry—Thin and coarse stock sells only at heavy discount: fowls, 5 lbs. and over, 16c; 4 lbs. and oyer, 17c; 3 lbs. and over, 17c; Leghorns, 3 lbs and over, 14c; roosters, 9c; broilers, colored. 1 lb. and over, 20c; lVi lbs. and oyer, 22c; 2 lbs. and over. 22c; fryers. 3 lbs. and over, 22c: partly feathered. 12c; Leghorn broilers, 1 lb. and over, 15c; IV2 lbs, and over, 15c; 2 lbs. and over, 13c; Leghorn stags, lie; colored stags, 14c; black springers, 11c; roasting chickens, 4 lbs. and over, 21c: ducks, under 3 lbs., sell at liberal concessions: ducks, white, 4 lbs, and over, 16c; under 4 lbs.. 13e; colored, 4 lbs. and over, 16c; under 4 lbs., 13c: capons. 8 lbs. and over, 23c; under 8 lbs.. 19c: slips. 13c: turkeys. No. 1 hens. 8 lbs. and over, 26c; young toms. No. 1, 10 lbs. and over, 22c. By United Press CLEVELAND. Feb. 15.—Butter—Extras, 26V*c; standards, 26'4c; market, steady. Eggs—Extra firsts. 16c; current receipts. 15c: market, steady. Poultry—Heavy fowls. 19@20c; medium. 19@20c: Leghorns, 15® 16c: smooth broilers, 18<0 2Oc; ducks, 15c: turkeys. 25c: gee*- ',6c: stags. 14c; market, steadv. Potat —Ohio and New York. 45® 50c bushel: .i*lne Green Mountain. $1.05(01.15 100-lb. sack; Idaho Russet *2@ 2.10 100-lb. sack. By United Press CHICAGO. Feb. 16 Eggs—Market, steadv; receipts. 12,211 cases; extra firsts, MVic: firsts. 14Vic; current receipts, 13 3 ic; seconds, ll(0T2c. Butter—Market, steady; receipts. 12.519 tubs; extras. 2214 c; extra firsts. 21 Vi@ 23c: firsts. 20Vi@21c; seconds, 19>2(020c. Porluyt—Market, firm; receipts 1 car: fowls, 15@18c; springers, 16@20c; Leghorns, 15c: ducks. 17@20c: geese, 13c; turkeys, 15@20c: roosters, 10c. Cheese — Twins. llViifi.UVic: young Americas. 12® 21‘,-ic. Potatoes —On track. 167: arrivals, 37; shipments. 674; market, about steady; Wisconsin round whites. 80@85c; Idaho Russets, $1.35® 1.45; Michigan Russet Rnrals, 80@85c; Nebraska Triumphs, *1.05 @1.15. New York Liberty Bonds —Feb. 15— SHfS 94.28 Ist 4Vs 98.7 4th 4Vs 99.12 Treasury 4Vs 100.15 Treasury 4s 97 22 Treasury 344s 93 20 Treasury 3Ss of ’47 91.24 Treasury 3*48 of ’43 92.23 Treasury 3s 97 24 Treasury 3%s ’43 (June) 92.24 Treasury 3Vs *49 88.24 NEW YORK COFFEE RANGE —Feb. 15— .. , High. Low. Close. March 6 16 6.15 6.15 May 6 23 6.25 6.26 July 6 23 6.32 6.32 September 6.44 6.38 6.38 December 6.46 6.44 6.44

FOREIGN TRADE GAIN IS SHOWN FORJANUARY Favorable Balance Cited in Commerce Department Report. By United Press WASHINGTON, Feb. 16. —The United States during January had a favorable foreign trade balance of $14,000,000, the department of commerce announced today. Exports during January, 1932, totaled $150,000,000, as compared with $249,598,000 in January, 1931. Imports during the past month amounted to $139,000,000, as compared with $183,148,000 in January, 1931. Exports of goIH during January, 1932, totaled $107,863,000, while imports amounted to $32,905,000. These figures compared with exports of gold in 1931 amounting to $54,000,000, and imports of $34,426,000. For the past seven months ending Jan. 31, 1932, gold exports amounted to $573,869,000. Imports were $405,083,000. During the corresponding seven month period of 1931 exports were $106,355,000 and imports amounted to $198,281,000.

In the Cotton Markets

(Bv Thomson & McKinnon) NEW YORK, Feb. 15.—Cotton sold higher early on strong cables and further covering, but offerings increased at 7 cents for May and prices receded to Saturday’s closing levels. Co-operative brokers were again large sellers of July, and there was considerable general southern selling. The textile report for January was favorable, showing sales of cotton cloths 145.2 per cent of production. Shipments 115.5 per cent of production, a reduction in stocks in hand of 12.5 per cent and an increase in unfilled orders of 21.5 per cent. We feel that cotton purchased on any decline from present prices will prove profitable.

—Feb. 15— CHICAGO High. Low. Close. March 6.88 6.78 6.82 May 7.07 6.99 7.01 July 7.22 7.15 7.17 October 7.40 7.33 7.35 NEW YORK High. Low. Close. January 7.60 7.51 7.55 March 6.81 6.70 6.73 May 7.00 6.88 6.93 July 7.15 7.05 7.09 October 7.38 7.27 7.33 December 7.55 7.44 7.47 NEW ORLEANS High. Low. Close. March 6.79 6.68 6.72 May 6.97 6.87 6.92 July 7.13 7.03 7.09 October 7.31 7.23 7.25 December 7.47 7.39 7.41 PROBE JM GASES Federal Jury Shelves Rum Charges Temporarily. Federal grand jury today shunted liquor cases to one side and devoted its attention to deliberation of narcotics, counterfeiting and bankruptcy cases. Os the 200 cases to be placed before the jury of twenty-three, moie than half are on liquor charges, including the large booze conspiracy cases of Anderson and Muncie. Several narcotic cases were given to the jury this morning, it was reported. Two counterfeiting charges also were presented. Corridors of the federal building again were thronged with witnesses as George R. Jeffrey, United States district attorney, assisted by Alex G. Cavins, assistant district attorney, presented the cases to the jury. The grand jury convened Monday and will be in session about two weeks. First indictments are expected Thursday. In the Air Weather conditions at 9 a. m.: Southeast wind, 12 miles an hour; temperature, 37; barometric pressure, 30.10 at sea level; ceiling, overcast, smoky, estimated at 4,000 feet; visibility, 2% miles; field, soft. Wreck Gives Flier Start By United Press AMSTON, Conn., Feb. 16— A 15-year-old farmer boy, John Johnson, stumbled through the bushes around Amston lake two years ago and discovered the charred wreckage of an airplane in which two test pilots had lost their lives. The discovery brought him a $750 reward. Far from being discouraged in his ambition to be an aviator, the boy banked his reward to be used as tuition in a Hartford flying school. He has just received his pilot’s license and is the youngest pilot in Connecticut at 17. Flier After SIO,OOO Prize By United Press OSHKOSH, Wis., Feb. 16.—Clyde Lee, 23, youthful pilot of this city, will be at thlte controls of a Stinson monoplane in the fifth attempt to cross the Atlantic between the United States and Norway by air this summer. Lee’s proposed flight will be the third of the non-stop, attempts and will be in quest of a $10,900 prize posted by a Norwegian newspaper five years ago. The award first was offered while Frances Grayson and Lieutenant Umrahl prepared for their 1923 flight, and never has been withdrawn. Other Livestock By United Press EAST BUFFALO, Feb. 16.—Hogs on sale 2,400; active, mostly to shipers: steadv to strong: bulk 160-210 lbs., *4.60; largely $4.65; few loads. *4.75: Mixed lots, *4 fo® 4.60; plain kinds, $4 35 : 240-260 lb*. s4@ 4 25: 150 lbs. down. *[email protected]. Cattle—Receipts. 125; medium heifers about steady at $5.75; cows scarce: cutter grades, $1 75 6 2.75. Calves—Receipts, 250; better grade vealers, 50c higher at *9.50 downothers, steady: in-between kinds, *8 90; common and medium. *s@7. Sheep—Receipts, 400; lambs, steady; quality and sorts considered; good to choice, $6.75; some lambs held higher; common and medium, $5.75. By United Press TOLEDO. Feb. 16.—Hogs—Receipts. 200: market, steadv: top, *[email protected]: mixed. $4 @4.10: bulk pigs. *[email protected]; lights. $3.2503.50: ro£hs. *2.7503. Cattle —Receipt*, light; nßket, steady. Calves —Receipts, light: maHst. steady. Sheep and iambs—Receipts. Mbt ; market, steady.

The City in Brief

WEDNESDAY EVENTS Kiwanis Club luncheon. ClarpeflL Lion* Club luncheon. Washington. Purdue Alumni Association luncheon, Severm. American Legion, twelfth district, luncheon. Board of Trade. Mutual Insurance Association luncheon. Columbia Club. Home Show Committee luncheon. Washington. Indianapolis League for Hard of Hearing, meeting. 7:30. Stokes building. League for Industrial Democracy, meeting. 8, Roberts Park M. E. church. Wednesday Club luncheon. Columbia Club. Meeting of the Past Pocahontas Club of Alfarata council, to have been held Wednesday night, has been postponed until Feb. 24. Indianapolis Past Pocahontas Association will confer degrees and give a fancy drill at a meeting of Mineola council at 1609 Prospect street at 8 tonight. Dr. Sater Nixon and Dr. Walter F. Kelly will be the speakers at a meeting of the Indianapolis Medical Society Tuesday night in the Athenaeum. “Race and the Labor Movement” will be discussed by Ira Reid, Negro, research department director of the National Urban League, at Roberts Park M. E. church at 8 on Wednesday night. Fire chiefs from throughout the state are expected to attend the Indiana sectional meeting of the American Waterworks Association at Purdue university, March 9 and 10. Plans for the meeting were outlined at a committee meeting at the Lincoln Monday. J. B. Marvin, Frankfort, is chairman. Miami university’s 123rd anniversary celebration program .was heard by radio by thirty-six members of the university’s Indianapolis Alumni Association assembled at the Dinner Bell tearoom, 3202 Central avenue. The Rev. G. S. Southworth, pastor of Advent Episcopal church, will speak on “Confucius and the Chinese Religion,” at 8 Friday night in the parish house. “The age in which we live needs to re-define the ‘freedom,’ ” Dr. W. W. Wiant, dean of the tenth annual winter institute of the Indianapolis district Epworth League, asserted Monday night at the Central Avenue M. E. church. One hundred eighty-eight members were registered. Lincoln’s addresses, his writings and his personal acts disprove the many statements that the emancipator was an infidel, the Indiana University Club was told Monday by the Rev. George Arthur Frantz, pastor of First Presbyterian church. A Liberty party organization meeting will be held tonight at Cottage avenue and Olive street. Speakers will be Ward B. Hiner, Dr. C. S. Wikoff and Forest L. Hackley. Carl C. Reeves was named president of Liberty Club No. 3 at a meeting Monday night. Candidates for the nomination for various county offices addressed the organization meeting of the Douglass Park Democratic Club Monday night. Composed of Negro Democratic workers, the new group is headed by James Cross, president. Various aspects of foreign commerce will be discussed by Volney B. Fowler at the meeting Friday noon of the World Trade Club at the Board of Trade. Fowler, former cit> and managing editor of The Times, returned recently from Europe where he was a representative of the General Motors Export Corporation. “Facts build cities and machines and create battleships. Values build the life abundant,” Bishop James Wise of Topeka, Kan., told the congregation at today’s noon Lenten service in Christ church.

URGES LICENSE PUN Plumbers’ Group Official Proposes Examinations. Examination and licensing of all city heating contractors was proposed to the safety board today by a delegation headed by G. T. Watson, of the Merchant Plumbers’ Assocation. Under the proposal, which the safety board took under advisement, all heating contractors would be required to pass an examination before being permitted to accept contracts. Goal of the proposal is to eliminate inferior work and lessen fire and explosion hazards, according to Watson. Other members of the delegation are Charles W. Kern, head of the steamfitters’ union, and Oscar Vorhies, representative of a sheet metal company. WANT LUESSE FREED Jobless Plan Meeting to Spur Release Demand. Mass meeting to crystallize sentiment for demand for the release of Theodore Luesse, leader of unemployed, now serving a term at the state penal farm, will be held at 8 Wednesday night at Workers’ Center, 93214 South Meridian street, under auspices of the International Labor Defense. William Browder of Chicago, district secretary of the organization, will be the principal speaker and William Ayres, city member, will preside. A committee will be elected to visit Governor Harry G. Leslie to demand Luesse’s release. BONO ISSUE ORDERED Sanitary Board to Use $43,000 for Equipment Purchase. The sanitary board today adopted a resolution to issue $43,000 bonds for the purchase of additional equipment for the city sewage disposal plant. BRIDGE BIDS OPENED Figures on 138 State Projects Are Far Below Estimates. The state highway department today received 138 bids on nineteen state highway bridges to be constructed this spring. Total of low bids was 8114,627, against the engineer’s ffetimate of $174,060. w

PAGE 11

WEAK CARLES SEND FUTURE MARUOWER Liverpool Dips on Lessened Demand; Rain, Sleet Reported. BY HAROLD E. RAINVILLE United Press Staff Corresnondent CHICAGO, Feb. 16. Wheat scored additional losses as the Board of Trade opened today on further selling inspired by weak cables and a lower stock market. Losses were only fractional at the start as selling pressure was not heavy. Liverpool was lower with demand less insistent and offerings from the southern hemisphere lower. There was little support at the start. Corn Nearly Steady. Com was more nearly steady, the distant months easing, weather being unfavorable for movement. Oats was easy with the major cereals. At the opening wheat was % to cent lower, com was unchanged to % cent lower and oats M cent lower. Provisions were slow and easy. Liverpool was considerably lower than due, falling off 1% to 1% pence by midaftemoon. Sleet, Rain Reported A weakened technical position was disclosed in com Monday and the market closed lower with wheat The general belief is that- the cash market must improve before there can be real betterment in the futures. lowa had widespread sleet storms over night, but other parts of the belt had rains. Oats followed com Monday and lost ground. The shipping demand is fair but much below normal, owing to the mild winter which has reduced feeding almost generally. Chicago Grain Range WHEAT— Feb ‘ 16 ~ ?rty March H s^’ py /.-7.7.7.. ‘.ei 1 ' :lo>s 1? September ... .62% .62% ;% CORN— & h 36% 36% .36% .36% £ uI V 42% .42% .42% 42% September ... .43% .43' 2 imj '% OATS— May ch ...ss% .35% RYE— 25 * 3S? v/.v/.v.v. - 45% LARD— 47 A March 4.90 50( , Mav 5.02 5.C5 i ul V 5.25 527 September ... ... ... 5.40 542 By Times Special m^m GO '. Fe^, Is ' -c:ar,ols: Wheat, 48; corn, 103, oats. 42; rye, 3, and barley, 4. By Times Special , CHICAGO. Feb. 15.—Primary receipts* Wheat. 1.420.000 against 1.866 000- corn* 523 000 against 1.819.000; oats 333 OOtt aeainst 463.000. Shipments—Wheat. 345.Ra?nnn a ns t 59 ®-9°o: corn. 161.00 aeainst 657.000. oats. 145.000 aeainst 425.000. By United Press TOLEDO. Feb. 15.—Close: Grain in eleiftors: Transit bllline. Wheat—No. 2 red. 61W62c. Corn—No. 2 yellow 38®39c. Oats 4V 2 w £ ite ' 37%®28%c. Rve-No 2. f.6® 47 ')- Trac prices. 28%-cent .-ate. N< ? 2 r * d - 56® 56%e: No. t red. 1 red. %®3c discount: ti 4 ££ a nd; 3 ®sc discount. Corn—No 2 yellow. 33%®34c: No. 3 yellow. 31%®32%c; N°.-, in= ' ow ' 29 ® 30 % c - Oats—No. 2 white! 24<2®25% c: No. 3 white. 23®24%c. Ciover j*i ß - 75 >, February. $8.75; March. $8.90. Alsike—Cash. $8.75: February, 38.75; March. $8.90. Butter—Fancy creamery. 23 ®26c. Eees—Extras. 14%@15c. Hay-Tim-othy per cwt., 80 cents. By United Press wSPk 0 '? Pe j 15.—Cash erain close: Wheat-No- S red. 58c: No. 2 hard. 58%® 58%c: No. 3 hard. 57%®58*ic: No. 2 vellow hard 58c: No. 1 mixed. 59%c: No. 3 mixed. 58c: No. 4 mixed. 56c. Com—No. 3 ro* xed - 3 5%®35%e: No. 4 mixed. 33%®> 34%c: No. 2 yeliow, old. 38%c: No 3 vellow. 34®35%c: No. 4 yellow. 32%®>35r: jSflv 3 white. 35%®36%c: No. 4 vellow. 35 @35%c. Rve—No. 3. 44%c. Bariev—42® 60c- o Timothy—s3.so®3.7s. Clover—s9®

Cash Grain

—Feb. 15— The bids for car lots of grain at the call of the Indianapolis Board of Trade. h.. shipping point, basis 41V2C New York Rate, were; Wheat—EaSv: No. 1 red. 49@50c: No. 2 red. 48@49c: No. 2 hard. 48@49c. Corn—Easv: No. 3 white. 27</i®28 1/ 2C; No. 4 White. 26i/2@2B*/2c: No. 3 vellow. 28©27c: No. 4 vellow 25@26c: No. 3 mixed. 24® 25c: No. 4 mixed. 23@24c. Oats—Easy: No 2 white. 20'/<!@2l%c: No. 3 white. 19Va(d20VaC. Hav—Steadv (F. o. b. country points taking 236 c or less rates to Cincinnati or Louisville.) No. 1 timothy. [email protected]: No. 2 timothy. [email protected]. —lnspections Wheat—No. 2 red. 8 cars. Total, 8 ars. Corn—(New); No. 3 white. 8 cars: No.. 4 white. I car: No. 3 vellow. 19 cars; No. 4 vellow. 17 cars; No. 5 vellow. 1 car: No. 3 mixed. 3 cars: No. 4 mixed. 3 cars. Total. 51 cars. Oats—No. 1 white. 2 cars: No. 2 white. 1 car: No. 3 white. 18 cars: No. 4 white, 3 cars: sample white. 5 cars. Total. 29 cars.

Bank Clearings

INDIANAPOLIS STATEMENT —Feb. 16Clearings $ 2,235,000.90 Debits 6,794,000.00 TREASURY STATEMENT —Feb. 16Net balance for Feb. 13 $561,878,407.28 Expenditures 7,006,884.57 Customs rect. mo. to date.. 10,682,235 35 HORSES ‘BOARDED OUT' City to Pay Riding Club $lO a Month Each for Care. Safety board today approved a contract for the care of ten horses recently abandoned as equipment of the mounted police department. Perry O. Bonham of the Algonquin Riding Club, contracted to care for the animals at $lO per month, each until buyers are found. The contract specifies the city shall provide a caretaker. MORGAN TO BE HOST Federal Building Employes to Be G. O. P. Chief's Guests. Heads of various departments in " the federal building here will the guests of Ivan Morgan, Republican state chairman, at a “gettogether” dinner tonight at the Severin. Tonight’s dinner is part of a series sponsored by Morgan In an effort to awaken interest in the campaign.

James T.Hamill & Company Private Wire* te All Leading Market* Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indiana polio Board of Trade Aasoctated New York Curb 203 Continental Bank Bldg. Tel.. RHex 5493—Riley 6494