Indianapolis Times, Volume 43, Number 257, Indianapolis, Marion County, 5 March 1932 — Page 14

PAGE 14

STOCKS MOVE LOWER AFTER EARLHALLY Many New Highs Made for Year Before Late Sales Hit List.

Average Stock Prices

Average of thirty industrials for Thursday 88.13, off .15. Average of twenty rails 37.4d, up .12. Average of twenty utilities 34 85, off 08. Average of forty bonds 89.51, up 25. BY ELMER C. WALZER United Press Financial Editor NEW vork, March 4.—Stock prices were unsettled today after the General Electric Cos. reduced their common dividend from $1.60 to $1 annually. Heavy selling spread throughout the list. Because the reduction was more drastic than was generally expected, many traders unloaded stocks. Moderate early gains quickly were erased and small losses substituted. The effect of the dividend cut soon wore off, however, and leading stocks again began to , climb up toward the close. According to preliminary calculation, the Dow, Jones & Cos. industrial average stood at 86.11, off 0.02 points, rail average at 37.26, off 0.20 points and the utility average at 34.98, up 0.13 points. Sales totaled 1,500,000 shares, compared with 1,700,000 shares Thursday. The market as a whole had displayed a confident tone in the first four hours of trading, but turned decidedly erratic in the final hour. Volume Shows Decline Many stocks ignored the unsettlement in the general market. Montgomery Ward, New York traction issues, the coppers and individual issues such as Consolidated Gas and Lambert moved ahead sharply. Volume showed a decline from the previous session, sales approximating 1,200,000 shares to 2:10 p. m., against 1,500,000 shares in the corresponding period of the preceding session. General Electric was the principal weak spot, breaking from an early high of 22% to 20. United States steel fell from 49'!i to 48%, and then recovered to near its previous close of 49%. Similar movements occurred in other market leaders such as American Can, Allied Chemical, Westinghouse Electric and General Motors. Overnight news was considered favorable in the trading community, particularly as applied to the banking situation. New Highs Made The controller of currency reported only one national bank failure since Feb. 17, while the federal reserve weekly condition statement showed federal reserve banks pursuing their easy money policy. Money in circulation declined $9,000,000 at a time when monthend settlements ordinarily bring an increase. This was taken to indicate further reduction in the hoarding movement and was considered highly favorable in that it represented a return of confidence on the part of the great mass of people. Mast of the good news was available before the opening of the mari ket, but it had little effect in generating buying enthusiasm. The market opened irregular with the leaders showing small losses. The list recovered and before noon the majority registered moderate gains, a sizable group making new highs for the year.

Bank Clearings

INDIANAPOLIS STATEMENT £ —March 4 Clearings $3,350,000.00 Debits 5,895,000.00 TREASURY STATEMENT —March 4 Net Balance for March 2.. .$354,802,632.06 Expenditures 24 365,819.76 Customs recta, mo. to date 1,746,728.84

In the Stock Market

(Bv Thomson & McKinnon) NEW YORK, March 4.—Although the market received little help from the news, its action, nonetheless, reflected a cheerful attitude. While price changes were small and no particular trend indicated, stocks maintained a good undertone. It was a market as one would expect under the circumstances. Influences currently affecting the course of the market are mainly based upon hope. To tabulate the reasons for this hope we would have to enumerate all the events of recent weeks, associated with the general program of reconstruction, both here and abroad. These you are already sufficiently familiar with. Any one even slightly in tbuch with affairs knows that the old world has had a terrible shock. It has necessitated readjustments that few foresaw a short three years ago. For some time now we have been looking the facts squarely in the face and appraising our position. Perhaps we have had a narrow escape from conditions even worse than experienced. Nonetheless, many of our fears never materialized. Each day it seems is putting those fears deper in the background. We have got hold of ourselves. We are thinking clearer. We are manifesting more confidence in ourselves and the economic scheme of things. The old world, we believe, is trying to get up from the sick bed. There are ahead of course, many days of nursing and convalescing and even setbacks, before we can expect the patient to resume normal strides of activity. All the while, however, he is getting better. New York Liberty Bonds —March 4 Liberty 3%5, '47 98.1 Liberty Ist 4*48. '47 100. Liberty 4th 4%5. '3B 100.4 Treasury 4%5, '52 102.20 Treasury 4s, ’B4. 99.27 Areasury 3s. '35 89.14 Treasury 3\s. '56 97. Treasury 3%5. '47 93.26 Treasury 3Ss, '43 (March! 94.19 Treasury 3%5. '43 I June) 94.20 Treasury 3%5. '49 91-2 NEW YORK COFFEE RANGE —March 4 High. Low. Close May 6.28 6.26 6.28 July 6.29 6.23 6.23 atniembar 6.25 6.22 ' 6.25 6.26 6.30 641# 1

New York Stocks ”ißv Thomson Sc McKinnon)

By United Pmt , NEW YORK, March 4.—Sales on the New York Stock Exchange today totaled 1,500,000 shares. Curb stock sales totaled 200,000 shares. —March 4 Prev Railroad!— High. Low. Close, close Atchison 84% 82% 83 83 Atl Coast Line.. 28% 28 38 39*4 Balt Sc Ohio ... 18‘a 17% 18V, 18 Chesa <fc Ohio. 23% 23 23*. 23V. Chesa Corp .... 17% 17% 17% 17% Can Pac 19% 19 19 19% Chi Grt West il* Chi N West i ait oe!V££ “* .! x Erie * * g 2 Erie Ist pf# ‘io% 10% Great Northern. 20% 19% 20% 19% Illinois Central. 14 13% 13% 13% Lou Si Nash .... .. ~ 22% M K 5% 5% '&% 6 Mo Pacific 8% 8% 8% 8% Mo Pacific 1d... 19% 19V, 1914 19 N y Central ... 32% 30% 31% 31% £ Y & H 25 24% 25V. 24% Nor Pacific 20% 19% 20 20 Norfolk & West. 125% 125 125 126% o & W 71/2 7% 71/2 71/. Pennsylvania .. 19 V, 18% 18% 18% Seaboard , „. xl So Pacific 28% 27 27% 27 Southern Ry ... 10% 10 10% 10% at Paul 2% 2% Jt Paul pfd 4 4 , L f .... 4% 4% 4% ... Union Pacific .. 85% 82% 83 84 Wabash 2% W Maryland 6% 5% Equipments — Am Var Sc Fdy 8% 7% 8% 7% Am Locomotive 7% 7% Gen Am Tank.. 33% 33 33% 33 General Elec ... 22% 20 20% 21 % Gen Ry Signal.. 26% 25% 25% 25% I Lima Loco 12% . N Y Air Brake '7 Poor & Cos 3% .. Press Stl Car 2% 2% Pullman 23% 23 23% 23% Westlngh Ar 8.. 15% 15% 15% 15% Westlngh Elec.. 32% 29% 30% 31% Rubbers— Firestone 13 i 3 i/ a Fisk v, V, Goodrich 4% 4 4 4% Goodyear 17% 16% 16% 17 Kelly Sprgfld ... 2% 2 2% 2% U S Rubber .... 5 4% 4% 4% Motors— Auburn 94% 87% 91 92% Chrysler 12% 12% 12% 12% General Motors. 22% 21% 22 21% Graham-Paige ... . 3 Hudson 7% 7% Hupp 374 33. Marmon \y. gash 17% 17% 17% 17% Packard 4 3% 3% 3% Peerless ....... .. ... 33/Reo ••2% '* Studebaker .... 10% 10% 10% 'io% White Mot 11% 11% 11% 11% Yellow Truck 334 334 Motor Access— Am Bosch g% Bendix Aviation 4% 14 14 14 Borg Warner 12% 11% 12 H3/ 4 Briggs 11 % 11 11% n Budd Wheel 3% 3% 3% 3% Campbell Wy .. .. ... ... g% Eaton ... 7 71/ El Auto Lite ... 32% 30% 31% 30'i El Storage B ... 32 31% 31% 31% Hayes Body ... 1% ly. R °V da 33/ 33/ 3% 3% Motor Wheel 51/, Murray Body ... 9% 9 9 9% Sparks W 2% 2% Stewart Warner 51/* 5% Tlmkin Roll ... 21% 20% 20% 20% Mining— Am Metals ..... ~ ... 434 Am Smelt 16% 15% 15% 'ie% Am Zinc 2 2 2 Anaconda Cop.. 10% 9% io% ”9% Alaska Jun .... 15% 14% 14% 15 Cal Sc Hecla 3 Cerro de Pasco. 13% 12% 12% 12% Dome Mines 11% 10% 11 10% Freport Texas.. 19% 19 19 18% Granby Coro ... 6% 6% 6% 6% Great Nor Ore 12>A Howe Sound ... 13% 11% 12% 10% Int Nickel 8% 8% 8% 8% Inspiration 33 Kenecott Cop.. 10% 10% 10% 10 Magma Cod 7 Miami Copper 32% Nev Cons 4% 4% 4% 4% Noranda 15% 14% 14% 14% Texas Gul Sul.. 26% 25 26% 25 U S Smelt 16% 16 16% 16% Oils—

Amerada 13% 141/. Atl Refining ... 11*/, 11% 11% 11% Barnsdall 5 4% 5 5 Houston 434 Mex Sbcl 9% B*4 B*4 9 Mid Conti 5% 5% 5% 5% Ohio Oil s’/, 5*4 5% ... Phillips 5% 5% 5*4 5% Prarie Pipe B ’4 BVi Pr Oil & Gas .. 6V4 6 6 6 Pure Oil 4Vi 4% 4% 4*/, Royal Dutch ... 23 22'4 23 22% Shell Un 4 314 4 4 Simms Pt 5 5 Sinclair 6V4 6 6 6V4 Skellv 3*4 3*4 Standard of Cal 25*4 25*4 25 *4 25% Standard of N J 30V4 29*4 29*4 29*4 Soc Vac 10 9*4 10 10 Texas Cos 12 11% 1174 11% Union Oil 12% Steels— Am Roll Mills.. 12*4 12 12% 12% Bethlehem 23*4 22*4 22*4 22*4 Bvers A M 18*4 17*4 18 18V4 Colo Fuel BV2 ... Cruc Steel 18 Inland ... 23 23 Ludlum 4% 4*4 4*i McKeesoort Tin 58*4 56*4 57*4 57*4 Midland 7*4 7*4 7*4 7*4 Repub I& S ... 6 5*4 6 6 U S Bteel 49*4 48*4 48*4 49% Vanadium 18% 17% 17*4 ... Younest S & T.. .. ... 15Vi 15*4 Tobaccos— Am Tob (A) new 84 85 Am Tob (B) new 88 85% 86% 87 Con Cigars 21 Vi General Cigar 37% ... Lift & Hyers B 58% 57 58 57*4 Lorillard 15*4 15*4 15'/, 15 Phil Morris 9% Reynolds Tob .. 39% 38% 39 38*4 Tob Pr A 9 B*4 B*4 9 Tob Pr B 6Vi 6 6*4 6 United Cie I*4 Utilities— Abitibl 2*4 ... Adams Exp .... 5*4 5 5*4 5% Am For Pwr.,.. 8% 7*4 7*4 7*4 Am Pwr & Li.... 15*4 15 15 15*4 A T & T 133*4 130*4 132*4 132% Col Gas Ac E 1.... 14*4 14*/, 14*4 14*4 Com & Sou 4*4 4 4*/, 4*4 Cons Gas 67*/, 64*4 66 6414 El Pwr &Li 14 13*4 13*4 13 Gen Gas (A)... 2*4 114 I*4 2V, Inti TANARUS& T 11*4 11*4 11*4 11*4 Natl Pwr & LI.. 15*4 14*4 15 14*4 No Amer Cos 39*4 37% 38 38*4 Pac Gas & E 1... 36% 35*4 35*4 36 Pub Serv N J.. 59% 57*4 58*4 58*4 So Cal Edison.. 32*4 32*4 32*4 32% Std G & E 1.... 32*4 31 31% 31% United Corp 914 9% 9*4 9*4 Un Gas Imp 20% 20*4 20% 20*4 Ut Pwr & L A.. 6*4 6*4 6% 7 West Union 45 % 43 43 44*4 Shipping— Am Inti Corp.... 7*/, 7*4 7% 7*4 N Y ShiD 4*4 5*4 United Fruit.... 26% 26 26 26*4 Foods— Am Sugar 26 27

Investment Trust Shares

(By Gibson & Bernard) PRICES ARE TO 12 NOON C. S. T. —March 4 Bid. Ask. Am Founders Corp com % 1 Am & Gen Sec A 8 10 Am Inv Tr Shares 2% ... Basic Industry Shares 2% ... Collateral Trust Shares A... 4% 4% Cumulative Trust Shares 3% 4 Diversified Trustee Shares A.. 8 Fixed Trust Oil Shares 2% ... Fixed Trust Shares A 7% ... Fundamental Trust Shares A. 3% 4% Fundamental Trust Shares B. 3% 4% Leaders of Industry A 3% ... Low Priced Shares 3% 4 Nation-Wide Securities 3% 3% North American Trust Shares 2% ... Selected American Shares ... 2* 2 2% Selected Cumulative Shares.. 6% 6% Selected Income shares 3% 3% Shawmut Bank Inv Trust ... 2% 3% Std Am Trust Shares 3% 3% Super Corp of Am Tr Shares 3% 3% Trustee Std Oil A 3% ... Trustee Std Oil B 3% 3% Unified Service Trust Sh A... 2% ... U S Elec Light & Power A 17% 19% Universal Trust Shares 2% 3%

New York Bank Stocks

(Bv Thomson & McKinnon) —March 4 , Bid. Ask. Bankers 6 1% 63% Brooklyn Trust 235 260 Centra! Hanover 149 153 Chase National 40% 42% Citv National 53 55 Corn Exchange 62 65 Commercial 156 164 Continental 16% 18% Empire 25% 27% First National 1.690 1.790 Guaranty 305 310 Irvine 20% 21% Manhatten & Cos 39 41 Manufacturers 32 34 New York Trust 89 92 Public 27 29

New York Curb Prices

(By Thompson & McKinnon) —March 4 Closel Close Alumn Cos of A 50’a Imp Oil of Can.. 9*4 Am Cyanamid.. 4 s , Int Pete 10* Am Gas & Elec 55 Mead Johnson.. 59 Am Lt <& Trac Midwest Util .. 2H Am Sup Pwr... 3’!Mt Prod S’i Ark Gas (A).. 2 l Nat Invest .... 2 ? * Asso Gas & El 3*iNat Aviation .. 3V, Braz Pwr & Lt.. 13 Nat Pub Serv A 6 Can Marc 1 Nat Screen 2044 Cent Sts EJec.. IT,1 T ANARUS, Newmont Min .. 12V 2 Cities Service.. 6S Nat Bond &8h 22t Cons Gas & 8.. 65', Nia Hud Pwr... 6> Com Edison ... 86t ; Penroad 3 Cord SV St Regis Paper.. 4*4 Deere & Cos ... 94* Sel Indus 144 El Bond &■ Sh. !0 So Penn id ... 12 s * Elec Pwr Assn > 8 So Union Gas.. 24* Ford of Can. .. 14 s , Std of Ind 16H Ford of Eng .. st, Stutz 12 1 4 Goldman Sachs S'?, Tr Air Trans.. 2 3 i Great A Ac P.. 150 Un Gas (A)... 214 Gulf'pU 3**Un Lt & Pwr... 6 Humble Oil 2.. 45 s * Ut Pwr 144 luull Ut ..L. IfclUa fadrs

Aromur A .. ... 1% 1% Beechnut Pkg 42 42% Cal Pkg 10% 10 10 10V 4 Can Dry 12 11% 12 12 Childs Cos 8% 6 6% ... Coca Cola 118% 116% 117% ... Cont Baking A 6% 6% 6% 6 Com Prod 45% 44% 44% 44% Cudahy Pkg 34 Cuban Am Sug 1% ... Gen Foods .... 37% 36% 37% 36% Grand Union .. 9% 9 9% 8% Hershey 79% 78% 79 78% Jewel Tea 34% 34% 34% ... Kroger 18% 17% 17V, 17% Nat Biscuit .... 45% 44% 44% 45 Natl Dairy .... 30% 29% 30% 29% Purity Bak .... 15% 13% 14 14% Pillsbury 22 22 % Safeway 8t 56% 54 56% 54% Std Brands 13% 13% 13% 13% Drugs— Coty Inc 4% 3% 4% 3% Drug Inc 53% 52% 53 53 Lambert Cos ... 52% 49% 51% 49% Lehn Sc Fink... 22% 22% 22% 22% Industrials— Am Radiator ... 7% 7 7% 7% Bush Term 17 Gen Asphalt 12% 12% Lehigh Port 6Vs 6% Otis Elev 18 17% 17% 18 • Indus Chems— Air Red 60Vs 57% 57% 60 Allied Chem .. 84% 81% 83% 83% Com Solv 10 9% 9% 10 Dupont 57 55% 56% 56% Union Carb .... 35 33% 34% 34% U S Ind Alco .. 29% 28% 28% 28% Retail Stores— Assoc Dry Gds.. 6 5% 5% 6% Gimbel Bros 2% . Kresge S 8 16% 16 16% ie% May D Btore ... 187, 18% 18% 18% Mont Ward 11% 9% 11 9% Penny J C 34Vs 32% 33% S3 Schulte Ret St ‘3 3 Sears Roe 35% 34 Vs 34% 34% Woolworth 45% 44'A 44% 45 Amusements— Bruns Balke ji/Crosley Radio "3% Eastman Kod .. 83% 81% 82% 82% Fox Film A 314 35g Grigsby Gru 1% 1% Loews Inc 33 32 32% 32 Param Fam .... 10% 10% 10% 10% Radio Corp 10 9% 9% 9% R-K-O 5% 5% 5% 5% Warner Bros 3% 3% Miscellaneous— '* Congoleum 10% 10% 10% 10% Pf, 00 & Clam ... 10% 39% 4040 Allis Chal 12 11 11.3/- 11 Am Can 72Y* 69% 71% 71% 1 1 Case 37Vi 35% 36% 36% Cont Can 40 39 Vs 39 Vs 39% Curtiss Wr . j3/. 134 Gillette S R .... 23% 22% 22% 23 Gold Dust 18% 17% 18 18 Inti Harv 24% 23% 23% 23% *nt Bus M 112% 106'% 110% 106*% Real Stl 3% 3'% 3% 3% Un Arcft 15% 15% 15'% 15%

Dow-Jones Summary

. N^ s A r „;P rothers reported February sales at $909,796 against $943,531 in February. 19 31 , a decrease of 3*4 per cent; two K°£ t o h S, = amou J Ued t 0 $1,751,888 against $1,978,915, a decrease of 11.4 per cent. Pacific Telephone and Telegraph ComSany declared the regular quarterly Ivideno of $1.75 on common stock, payable March 31, of record March 19. Auburn Auto shipped 1,406 cars during Fos!i Ui J ry ’,A galnst 2 - 508 in January, and 4,054 in February, 1931. General Foods Corporation in 1931 $3 63 in $ 1930 * common share . against c^ ed !, ral lining & Smelting in 1931 showed net loss of $340,686 after all cnarges. against net profit of $662,146 in Standard Oil of Ohio declared the regular quarterly dividend of 62*4 cents on common stock, payable April l. of record March 15. Canadian Pacific in February reported gross at $8,848,000 against $10,764,000 in f* b J r , u A r Z i .J 931 ’ two mont hs amounted to $17,842,000 $22,366,000. Mesta Machine Company in 1931 showed I?- gs ino/? 8,2 ® a co *nmon share, against $4.02 in 1930. Walgreen Company declared the regular quarterly dividend of $1.62*4 on preferred stock, payable April 1. of record March 21. Safeway Stores Inc. declared the regular quarterly dividends of $1.75 on 7 per cent preferred $1.50 on 6 per cent and $1.25 on common all payable April 1. of record March 18. M. Cos., snorted for year ended Dec. 31. 1931. net income from trading underwriting of securities, interest and dividends of $859,925 after expenses, in*ereAt„„and federal taxes, against $1,807,149 in 1930. Continental Baking Corporation declared the regular Quarterly dividend of $2 on preferred stock payable April 1, of record March 14. Coast Counties Gas and Electric Comnanv declared the regular dividend of Sl.oO on 6 per cent cumulative preferred stock, payable March 15. of record Feb. Waialua Agricultural Cos. Ltd., in 1931 showed net profit of $900,168 equal to $2.77 a share on 325,000 outstanding shares of capital stock, against net of $7,044,271. or $3.22 a share in 1930. „ York cables opened in London at 3-49 5-8, against 3.49*4; Paris, checks 88.812; Amsterdam, 8.67; Italy, 67.375 and Berlin, 14.75. National Refining Company declared the regular quarterly dividend of $2 on preferred stock, payable April 1. of record March 15. Motormeter Gauge and Equipment Corporation in year ended Dec. 31. 1931, showed net loss amounting to $527,048 after depreciation, interest, inventory write-down and other charges, against net loss of $637,882 in 1930. Charls Corporation in year ended Dec 31 1931. reported net profit of $425,850. after federal taxes, etc., equal to $4.25 a share on 100.000 shares, against $562,163. or $5.63 a share in 1930.

Net Changes

By United Press NEW YORK, March 4.—Closing prices and net changes on representative stocks on the New York Stock Exchange today: . „ Up. Off. American Can 71% */. Amer Tel & Tel 132% *4 Auburn 91 .. 1% Beth Stel, unchanged 22% .. Case J. 1 36*4 .. % Chrysler, unchanged 12% Consolidated Gas 66 I*4 Du Pont 56 % % Elec Power 131., % Gen Electric 20*4 .. % Gen Motors 22 *4 Int Tel & Tel, unchanged. 11*4 .. Kennecott 10% *4 Loew’s Inc .... 32% *4 Lorillard 1514 % Montgomery Ward 11 ' I*4 N Y Central 31% % North American, ex-div.... 38 % Public Service 58% *4 Radio 9% .. v Sinclair 6 .. *4 Standard Gas 31*4 *4 Standard Oil N J unchanged 29% .. Texas Corp, Ex-div 11*4 % Union Carbide, ex-div .... 34% % U S Steel 48% .. *4 Westinghouse Elec 30% .. 14 Woolworth 44*4 .. % Births Girls Raymond and Beatrice Emery, 5158 Manlove. William and Nona Henderson, 4049 Boulevard place. Boys John and Mary McNally, Methodist hospital. James and Martha Johnson. 428 North Gray. Deaths Rosa Cecelia Wheat, 2 months, 1923 Hovey. broncho pneumonia. Jacob Klein. 79, 519 West Twenty-ninth, mitral insufficiency. Oliver Francis Coy. 69. 47 South Colorado. cerebral hemorrhage. Frank A. Schmedel, 58. 4144 North Capitol. carcinoma. Elwyn Clinton Green. 64, 1010 Congress, myocarditis. Carrie Harshbarger. 58. 513 East St. Clair, hypostatic pneumonia. Carrie Caroline Jauss. 50, 701 East Twenty-first, carcinoma. Byron Phipps. 37. 914 East Washington, accidental. Elliot Brown. 2. 1253 Calhoun, influenza. Anna Jones, 16. 317 Blake, pulmonary tuberculosis. James Mansfield, 51. 811 North Senate, acute cardiac dilatation. Theodotia Daugherty. 80. Methodist hospital, bronchial pneumonia. Sarah Ellen Boyles. 72. Fletcher sanitarium. arteriosclerosis. Lucy Williams. 70, 3045 Station, nephritis. Walter Graves. 54, 1731 Boulevard place, lobar pneumonia. Louis Finkelstein, 63. 3014 North Delaware. myocarditis. Rodney J. Temple. 65. 340 Northern, angina pectoris. Charles E. Yount, 73. 3041 Adams, apoplexy. John Nolan. 66, 557*4 West Washington, aortic aneurism. Margaret Russell, 71. 5931 Forest, chronic myocarditis. Mary Louise Moore, 88, city hospital, hypostatic pneumonia. Edna Ann Heaton, 35, 3637 North Delaware. Influenza. RAW SUGAR PRICES —March 4 . High. Low. Close. January 1.89 1.07 1.07 March 1.15 1.12 1.12 May 89 .86 .88 Jvb; .96 .93 ,93 September k 1.03 .99 1.00 Becembci l.Oi i,U

THE INDIANAPOLIS TIMES

PORKER PRICES SHOW STRONG TRADINUANGE Light Receipts and Firm Demand Send All Classes Upward. Light supplies and somewhat better demand again forced hogs up at the city yards, prices rising 10 cents on most classes this morning. The bulk, 130 to 325 pounds, sold for $4.10 to $4.60; early top holding at $4.60. Receipts were estimated at 4,000; holdovers were 124. Cattle were sluggish in the usual slow Friday range. Prices held steady. Receipts were 300. Vealers were unchanged at $7 down. Calf receipts numbered 300. Trade in lambs was undeveloped. The only indication as to range was late Thursday sales at sharply lower levels, mostly $6.50 down. Receipts numbered 1,200. Asking on hogs generally to" 25 cents higher at Chicago. A few early bids and sales were around 10 cents up. Bids on 180 to 210-pound weights were $4.50 to $4.60; best held above $4.65; 140 to 160-pounds sold for $4.40 to $4.50. Receipts were 14,000, including 3,000 direct. Holdovers were 4,000. Cattle receipts were 2,000; calves, 500; market steady. Sheep, 8,00; 25 cents up. HOGS

Feb. Bulk. Earlv Top. Receipts. 26. $3.75® 4.25 $4.25 3,500 27. 3.85® 4.35 4.35 2.000 29. 4.0001 4.35 4.35 5.000 March 1. 3.75 m 4.25 4.25 6.500 2. 3.850 4.35 4.35 3,500 3. 4.00® 4.50 4.50 3.500 4. 4.10@ 4.60 4.60 4,000 Receipts, 4,000; market, higher. (140-160) Good and choice....s 4.35 —Light Lights—-(l6o-180) Good and choice.... 4.60 —Light Weights—-(lßo-200) Good and choice.... 4.60 (200-220) Medium and g00d... 4.55 —Medium Weights—-(22o-250) Good and choice.... 4.45® 4.55 (250-290) Medium and g00d... 4.35@ 4.40 —Heavy Weights—-(29o-350) Good and choice.... 4.15@ 4.35 —Packing Sows—-(2so-500) Medium and g00d... 3.00® 3.75 (100-130) Slaughter pigs 4.00® 4.10 CATTLE Receipts, 300; market, steady. Good and choice $ 6.00® 8.50 Common and medium 3.25® 6.00 (1.100-1.800) Good and choice 6.00® 6.00 Common and medium 4.25® 6.00 —Heifers— Good and choice 5.00® 7.00 Common and medium 2.50® 5.00 —Cows— Good and choice 3.00@ 3.75 Medium 2.50® 3.00 Cull and common 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, 300; market, steady. Vealers — Good and choice $ 6.50@ 7.00 Medium 4.50® 6.50 Cull and common 3.00® 4.50 —Calves — Good and choice 3.50® 6.00 Common and medium 2.00® 3.50 —Stockers and Feeder Steers— Good and choice 5-22?? 5-22 Common and medium 3.00® 4.00 (600-1.500) . . __ Good and choice 4-00® 5-15 Common and medium 3.00® 4.00 SHEEP AND LAMBS Receipts, 1,200; market, steady. Good and choice $ 6.00® 6.75 Common and medium 3.50® S’22 Ewes, medium and choice 1-75® ?.00 Cull and common 75® 1.75 Other Livestock

By United Press CHICAGO, March 4.—Hogs—Receipts, 14,000, including 3.000 direct; strong to 10c higher, light kinds, 10® 15c up; 170210 lbs.. [email protected]; 220-250 lbs., $4.30® 4.55; 260-330 lbs., [email protected]; 140-160 lbs., [email protected]; pigs, $3.50f14; packing sows, [email protected]; light lights 140-160 lbs., good and choice, [email protected]; light weight, 160200 lbs., good and choice, [email protected]; medium weights, 200-250 lbs., good and choice, [email protected]; heavy weights, 250-350 lbs., goad and choice, [email protected]; packing sows 2(5-500 lbs., medium and good, [email protected]; slaughter pigs, 100-130 lbs., good and choice, $3.50@;4.15. Cattle —Receipts, 2,000; calves, 500; dull demand for slaughter steers, yearlings and she stock, scattered sales weak with Thursday's low close; bulls and vealers scarce and steady; most beef steers plain, eligible to $6 down; few to $6.75; slaughter cattle and vealers; steers, 600-900 lbs. good and choice, [email protected]; 900-1,100 lbs., good and choice, [email protected]; 1,100-1,300 lbs., good and choice, $7@8:75; 1,300-1 500 lbs., good and choice. [email protected]; 600-1,300 lbs., common and medium, $3.75@7; heifers, 550850 lbs., good and choice $5.25@7; common and medium. [email protected]; cows good and choice, [email protected]; common and medium, [email protected]; low cutter and cutter, $1.75@2,65; bulls yearlings excluded, good and choice beef, [email protected]; cutter to medium, [email protected]; vealers milk fed, good and choice, [email protected]; medium [email protected]; cull and common, $2.50@4; stocker and feeder cattle; steers, 500-1,050 lbs., good and choice. [email protected]; common and medium [email protected]. Sheep—Rneipts, 8,000; strong to a shade higher than Thursday’s low time; good and choice lambs, $5.75® 6.25 to packers; sorted kinds bid $6.35, asking upwards to $6.75 and better; slaughter sheep and lambs: lambs 90 lbs. down, good and choice, [email protected]; medium, [email protected]: 91-100 lbs., medium to choice, [email protected]; all weights common, $4.25@5; ewes, 90-150 lbs., medium to choice, $2.50@4; all weights cull and common, $1.50@3; feeding lambs. 50-75 lbs., good and choice, [email protected]. By United Press CINCINNATI, 0., March 4.—Hogs—Receipts, 3.800, including 1,000 direct; held over. 500; moderately active, strong to 10c higher on 160 lbs. up; lighter weights generally 15c higher; sows steady; better grade 160 to around 250 lbs., $4.50®4.75; mostly $4.75 on 225 lbs. down; 250-285 lbs., [email protected]; 310 lbs. down to $4.15; throwouts, 120-150 lbs., [email protected], mostly; bulk sows. $3.25; light weights, $3.50. Cattle—Receipts, 600; calves, 250; generally steady; odd lots common and medium steers and heifers, [email protected]; load of more good light weights heifers held firmly above $6; most beef cows, $3(5.3.50; low cutters and cutters, $1.75(32.75; practical top bulls, $3.25; vealers steady to weak; §ood and choice, *6@7; lower grades raggy at $5.50 downward. Sheep—Receipts, 2,000; better grade wooled lambs steady to strong at [email protected]; common and medium unchanged at $4(55.75; sheep steady, $2.50 down. By United Press EAST ST. LOUIS. March 4.—Hogs—Receipts, 6,000. market opened s@loc higher; asking 15c or more higher; early top, $4.40; best held around $4.50; few 160-225 225 lbs.. [email protected]: 260-280 lbs., $4.20(5 4.25; 140-160 lbs.. [email protected]; sows largely $3.25(33.40. Cattle—Receipts, 600; calves, receipts, 500; market, vealers steady at $7.25; hardly enough of other classes on sale to make a market, with scattered selling about steady; a few mixed yearlings and heifers. $4.50(35.50; cows. *2.50® 3.50; low cutters, [email protected]; medium bulls quotable from $3 down. Sheep—Receipts, 500; market, about steady w T ith Thursday’s decline: good lambs, $6(36.25; throwouts, *[email protected]; fat ewes, $2.50@3. By Times Special LOUISVILLE. March 4.—Hogs—Receipts, 400, 10 cents higher; 175 to 235 lbs., $4.55-240-295 lbs.. $4.25; 390 lbs. up. $3.65: 175 lbs. down, $4.05; packing sows, $2.65 to $3.40; stags $2.40 down. Cattle—Receipts, 150. steady; medium and good butcher steers and heifers, [email protected]: slaughter cows and bulls, $3.25 down; light Stockers. $3(3:5.25. Calves Receipts, 400. steady; top vealers. $5.50; throwouts $4 down. Sheep and lambs—Receipts, 100 stead}* bulk fat lambs. $6.25; buck lambs $5.25; throwouts. $3.50 down: fat ewes $2.50 down. Thursday’s shipments: 55 cattle. By Unite < Press EAST BUFFALO, March 4.—Hogs—Receipts, 2.300; less active than early; buyers resisting advance: generally 10c to lSc over Thursday's average; bulk 160-210 lbs. $4.90(55; plainer kinds. $4.75; 220-260 lbs.' $4.653 4.90: pigs scarce [email protected]. CattleReceipts, 200: fully steadv; medium eteers and heifers. $6.25; medium heifers, *5.10® 5.50: cutter cows. *1.25®2.50. Calves—Receipts, 625; holdovers. 200; vealers slow lower grade about steadv; good to choice’ S7@B; common and medium. $4.5036 Sheep—Receipts 2,100; lambs active steady to strong: good to choice woolskins! $7(3 7.80; some held higher; shorn lambs, *[email protected]; common and medium wooled lambs. *[email protected]; fat ewes, $4 down. By United Press LAFAYETTE, March 4.—Hogs—Markets. 10c higher: 160-200 lbs., S4 8 35: 200-225 lbs $4 30; 225-250 lbs.. *4.25; 260-275 lbs.. *4.20; 2(5-300 lbs., *4.15; 300-325 lbs., *4; 150-160 lbs., *4.10: 130-150 lbs., *3.85; 100130 lbs., *3.60. Roughs— *3.25 down; top *!?•*. U Uaibk, 4L

Bright Spots of Business

By United Press NEW YORK. March 4.—United Electric Coal Company established anew high production record in February despite the shortness of the month and warm weather, it was announced. DETROlT—Packard Motor Car Company February shipments were 5.150 units, an increase of 270 per cent oyer February. 1931. it was reported. YOUNGSTOWN. O.—Ten idle mills at the Shenango plant of the American Sheet and Tin Plate Company will resume operations March 7. giving part time work to more than 500 men. it was announced BIRMINGHAM. Ala.—W. S. Dickey Clay Manufacturing Company resumed operations on partial schedules, dying employment to 150 men idle since last fall. BALTIMORE—Two hundred men returned to work at the Mount Clare shops of the Baltimore Sc Ohio railroad during the past two wekks. it was reported.

Chicago Stocks ißv James T. Hamill & Cos

TOTAL SALES. 130,000 SHARES —March 4 High. Low. Last. Assoc Telephone Util... 4 Bendix Aviation 14% 14 14 Binks Mfg 32% 2% Borg Warner 12% 11% 12% Butler Bros 2'/* Cent 11! Securities com 1% Cent P Serv class A.... 1% Cent & So West 32% 2% Cities Service 6% 6% 6% Commonwealth Edison.. 94 85% 86 Continental Chicago .. 1% 1% 1% Continental Chicago pfd 17 Vi 17 17 Cord Corp SV 5 5 Corp Securities % % % Electric Household ... 4% 4% 4% Great Lakes Aircraft.. l% l l Grigsby Grunow 1% 1% 1% Houdaille Hershcv A.. 11 10% 10% Insull Util Invest 1% 1% 1 % Lincoln Printing 10 ... • ... Lion Oil Refining Cos.. 2% Lynch Corn 16% 15% 15% Marshall Field 8 7% '7% McGraw Electric 5 .Mid West Utilities 32% 2% Mid West Ut 6% pfd A 15% JO 10% Midland United 2% 2 2 Mo Kan Pipe Line % ... ... Natl Elec Pwr A 4% 4% 4% Natl Standard 18% Noblitt Sparks Ind Inc. 11% 10 li% No Amer Lt & Pwr 13 10 10 Parker Pen 5 Public Service N P 88 83 84% Q R S DeVryr Cos % Quaker Oats 100 99 100 Reliance Mfg Cos 9'% ... Seaboard Utilities shares 1 Standard Dredging Cos.. 1% Swift &Cos 18% 18% 18% Swift Internacional ... 24 23*4 23',4 United Gas Corp .... 2 U S Gypsum com 24% 23% 24 U S Radio Sc Tel 10 9% 10 Utah Radio % Zenith Radio %

Produce Markets

Eggs (country run)—Loss oft delivered in Indianapolis. 10c: henerv aualitv No. 1. 12c: No. 2. 9c. Poultry (buying prices)—Hens weighing 5 lbs. or over. 14c: under 5 lbs.. 13c: Leghorn hens. 10c: broilers, full feathered. 3% lbs. or over. 13c: under 11c: 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 aualitv auoted bv Kingan & Cos. Butter (wholesale)—No. 1 26@27c: No. 2. 24®25c. Butterfat—22c. Cheese (wholesale selling price per pound)—America loaf. 23%c: pimento loaf. 25%c: Wisconsin firsts. 19c; Longhorns. 19c: New York limberger. 30. By United Press NEW YORK, March 4.—Potatoes—Market, dull; Long Island. $1(5:2.50 barrel; southern. [email protected] barrel; Idaho. -$2.25@ 2.50 sack: Bermuda, s4@9 barrel; Maine, $1.40(5:1.85 barrel; Canada. [email protected] barrel. Sweet potatoes—Market, dull; Jersey, baskets, 25c(3'$l; southern, baskets, 35@60c. Flour—Market, dull; spring patents. [email protected]. Pork—Market, steady; mess, $16.50. Lard—Market, easier: middle west spot. [email protected] 100 lbs. Tallow —Market, quiet; special to extra, 2%@ 2%c. Dressed poultry—Market, dull; turkeys. 16@29c; chickens ,20@27c; fowls, 10®20c; broilers. 20@28c; capons. 18®32c; ducks, 12@16c: Long Island ducks, 16® 17c. Live poultry—Market, dull; geese, 10@15c; ducks, 11(5 21c;; fowls, 15@20c; turkeys, 15(f7 30c; roosters, 10c; chickens, 18@27c: broilers, 17@29c: capons, 20@28c. Cheese —Market, irregular; state whole milk, fancy to specials, ll%@18c: young America. 13® 13 Vic. By United Press CINCINNATI. 0., March 4.—Butter; packing stock No. 1,18 c; No. 2,11 c; No. 3. 8c; butter fat, 16@18c. Eggs—Steadv; cases included; extra firsts, 11c; seconds, 9c; nearby ungraded, 10c; duck eggs, 15c; goose eggs, 60c. Live poultry—Thin and coarse stock sells only at heavy discount; fowls, 5 lbs. and over, 15c; 4 lbs. and over, 17c; 3 lbs. and over, 17c; Leghorns, 3 lbs. and over, 14c; roosters, 9c; colored broilers. 1 lb. and over, 20c; 1% lbs. and over, 23c; 2 lbs. and over, 23c; fryers. 3 lbs. and over. 22c; partly feathered. 12c; Leghorn broilers, 1 lb. and over, 15c; 1% lbs. and over, 15c; 2 lbs. and over, 13c; Leghorn stags, 12c; colored stags, 14c; black springers, 11c; roasting chickens, 4 lbs. and over, 20c; ducks, under 3 lbs., sell at liberal concessions: ducks, white, 4 lbs. and over. 16c; under 4 lbs., 13c; colored, 4 lbs. and over. 16c: under 4 lbs., 13c; capons, 8 lbs. and over, 23c; under 8 lbs., 19c; slips. 14c; turkeys, No. 1 hens, 8 lbs. and over. 26c; young Toms No. 1, 10 lbs. and over, 22c. By United Press CHICAGO, March 4.—Eggs—Market, steady; receipts, 12,883 cases; extra firsts, 12%c; firsts, 1214 c; current receipts, llVic; seconds. lOVic. Butter—Market, easy; receipts, 10.509 tubs: extras. 21c; extra firsts, 20%®20%c; firsts, 20@20%c; seconds 19@19%c; standards, 21c. Poultry—Market. steady; receipts, 1 car; fowls, 15® 16Vic; springers, 16@22c; Leghorns, 14%c; ducks, 17@20c; geese. 10c; turkeys, 15c; roosters, 10c; broilers, 22@25c. CheeseTwins, ll%@ll%c; Young Americas, 12® 12Vic. Potatoes —On track, 255; arrivals. 103; shipments. 1,058: market, dull, weak; Wisconsin Round Whites. 75@80c; Idaho Russets. $1.25(5:1.35; Minnesota and North Dakota Early Ohios, [email protected]. By United Press CLEVELAND, March 4.—Butter—Extras 25c: standards. 25c; market, steady. Eggs —Extra firsts. 13c; current receipts, 12c: market, steady. Poultry—Heavy fowls, 15 <sl7c: medium. 18® 19c; Leghorn. 15@16c; smooth springers, 18®19c; broilers. 21® 23c; heavy broilers. 22@24c; ducks. 20® 22c; old cocks, 10(7? 12c; geese, 14®16c; stags, 13@14c; turkeys, 25c; capons, '23cmarket, steady. Potatoes—Ohio and New York 40@45 per bushel; Maine Green Mountain. *l®l.lo per 100-lb. sack; Idaho russet, [email protected] per 100-lb. sack.

In the Cotton Markets

(Bv Thomson & McKinnon) NEW YORK, March 4.—Cotton has ruled firm with prices slightly above Thursday’s close. There has been a fair scattered demand. Southern selling was lighter. The market has a steady tone and looks a purchase on reactions, based on the probability of a small yield, due to lack of fertilizer, abundance of weevils and some decrease in acreage. CHICAGO —March 4 , High. Low. Close. March .. 7 09 May 7.22 7.15 7.21 July 7.37 7.31 7.37 October 7.55 7.51 7.55 December 7.71 7.69 7.71 NEW YORK January 7.76 7.69 7.76 March 6.99 6.93 6.98 May 7.11 7.05 7.10 July 7.28 7.21 7.27 October 7.50 7.44 7.50 December 7.69 7.62 7.68 NEW ORLEANS . High. Low. Last. January 7.68 7.67 7.68 March 6.98 6.93 6.98 May 7.12 7.05 7.11 July 7.28 7.21 7.27 October 7.48 7.40 7.48 December 7.63 7.J9 7.63

Cash Grain

—March 4 The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b, shipping point, basis *1 %c New York Rate, were: Wheat—Firm: No. 1 red. 45®49c: No. 2 red. 47@48c: No. 2 hard. 47@48c. Corn—Steadv: No. 3 white. 26%@27%c: No. 4 white. 25*4 @,26%c: No. 3 yellow. 243 25c: No. 4 velltw, 23® 24c: No. 3 mixed. 23®24c: No. 4 mixed. 22@23c. Oats—Steadv; No. 2 white. 18%®19%c: No. 3 white. 12%©12%C. Hav—Steadv. (F. o. b. country points' taking 23%c or less rates to Cincinnati or Louisville.) No. 1 timothy. $7.10a7.50: No. 2 timothv. [email protected]. —lnspections Wheat—No. I red. 2 cars: No. 2 red. 7 cars: No. 3 red. 4 cars: No. 2 mixed. 1 car Total. 14 cars. Corn—(New 1 No. 3 white. 4 cars; No. 4 white. 3 cars: No. 5 white. 3 cars: No. 5 white. I car: No. 2 veUow. 1 car: No. 3 veUow. 18 cars: No. 4 vellow. 3 cars: No. 3 mixed. 3 cars. Total. 33 cars. Oats—No. 2 white. 5 cars: No. 3 white. 2 car *: No- * I car; No. 3 mixed. Total,

GRAIN FUTURES SELL DOWN ON LOWERCABLES Corn, Oats Follow Wheat in Decline: Trade Is Light. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO, March 4.—Drifting lazily back and fourth, wheat closed about steady on the Board of Trade today. Scattered selling caused an early decline that was later recovered. The firmness in stocks and rye were supporting factors. Routine news had little effect and traders preferred to sit on the sidelines. Corn was dull but firm most of the session. Oats was unsettled with the major grains, but held around steady. Rye showed unexpected strength on prospects of export business. Close Is Uneven At the close wheat was % cent lower to V* cent higher; corn was % cent lower to M cent higher, and oats unchanged to M cent lower. Rye was % cent higher. Provisions were dull and easier. Failing to recover during the afternoon, Liverpool closed % to % cent lower. The cold wave was not regarded seriously, as it was accompanied by snow in many localities. Cash prices w'ere unchanged to % cent lower. Receipts were 46 cars. Corn Trade Dull Corn was dull and held around % cent lower to % cent higher at mid-session. March showed resistance with the continued light offerings from the country and a fair shipping demand, compared with recent business, aiding the market. The tone in corn was relatively firmer than wheat. Receipts were light owing to Thursday’s unfavorable weather. Cash prices were unchanged. Receipts were 98 cars. Oats was unchanged to % cent lower at mid-morning. The market moved in unison with the major grains, but was very dull. Cash prices were unchnaged to V* cent lower. Receipts were 12 cars.

Chicago Grain Range —March 3 WHEAT— Prev. Open. High. Low. Close, close. Mar.. .57% .57% .57*/ 8 .57% .57% May.. .61 */s .61% .60% .61 .61% July.. .62% .63% .62% .62% .62% Sept.. .64% .65% .64% .64% .641? CORN— Mar.. .36% .36*/2 .36% .36% .36% May.. .39% .40 .39% .39% .39% July.. .42% .42% .42% .42% .42*? Sept.. .43'/4 .43% .43% .43% .43% OATS— May.. .24% .24% .24% .24% .24% July., .25% .25% .25% .25% .25% Sept.. .26 .26 .25*/ 8 .25% .26 RYE— Mar 45 May.. .47% .49% .47*% .48% .47% July.. .5014 .51% 50 .50% .50% Sept.. .51% .53 .51% .52% .51% LARD— Mar 4.77 4.82 May.. 4.92 4.92 4.90 4.90 4.97 July 5.10 5.15 Sept.. 5.30 5.30 5.25 5.25 5.30 BELLIES— Mav 5.75 5.75 July 5.95 5.95 Sept 6.00 6.00 By Times Special CHICAGO, March 4.—Carlots: Wheat. 61; corn, 175; Oats, 37; rye 1 and barley, 7, By Times Special CHICAGO, March 4.—Primary Receipts: Wheat—B7B,ooo, against 1,536,000; corn, 570,000, .against 733,000; oats, 479,000, aaginst '249,000. Shipments: Wheat—2Bo,000, against 703.000; corn, 110,000, against 558,000; oats, 131,000, against 322,000. By United Press CHICAGO, March 4. —Cash grain close: Wheat —No. 2 red, 58*/2@:59c; No. 3 red, 58®58y 2 c; No. 4 red. 5514 c; No. 2 hard. 58%c; No. 3 yellow hard, 57*/2®sßc; No. 1 northern, 64c; No. 2 northern. 59%c; No. 3 northern, 60%; No. 2 mixed. 58%@59*/4C; billing difference 58c. Corn—No. 3 mixed, 33%@34c; No. 4 mixed, 3314 c; No. 2 yellow, 36*/ 2 c; No. 3 yellow, 33!i@34c; No. 4 yellow. 33@33%c; No. 6 yellow. 32%c; No. 3 white 33 %® 34c. Oats—No. 2 white. 23%c; No. 3 white, 22%c. Rye—No. 2, 46*/ 2 c. Barley—42@s9c, Timothy—[email protected]. Clover—s9® 14. By United Press TOLEDO, March 4. —Cash grain close: grain in elevators, transit billing. WheatNo. 2 red, 60%@61%c. Corn—No. 2 yellow, 38® 39c. Oats—No. 2 white, 26 %@ 27%c. Rye—No. 2 47%48%c. Track prices 28%c rate: Wheat—No. 2 red, 55%@56c; No. 1 red, lc premium; No. 3 red, 2@3c discount; No. 4 red, 3@sc discount. Corn —No. 2 yellow, 33*/ 2 @34%c; No. 3 yellow, 31!/ 2 @32y 2 c; No. 4 yellow, 29@30%c. Oats -No. 2 white 23%@24%c; No. 3 white, 22%@23%c. Clover —Prime, $8.75; March $8.75. Alsike—Cash, $8.75; March, $8.75. Butter—Fancy creamery, 23® 26c. Eggs— Extras, 12. Hay—Timothy, per cwt., 80c.

Other Livestock By United Press March 4.—Hogs—Receipts, 900; holdovers, none; steady; 150-230 lbs [email protected]; lacking finish at inside, 240300 lbs.. [email protected]; medium to choice pigß, $3.90@4. Qpttle—Receipts, 100; steady; activity centered on heavier weight steers; common to medium 691-760 lbs [email protected]; cuttery load. $4.25; most bulls,’ $3.25 down. Calves—Receipts, 100scattered sales strong spots 50c higher; good to choice, $8®8.50 and above; cull to medium $7. Sheep—Receipts, 500; scarcely enough to test values early; few head outstanding 80 lbs., clipped lambs to small kiler $6.50; common wools, $5.25few medium clipped, $5. By United Press -FT. WAYNE, March 4.—Hogs—Market, 10c higher: top, $4.45. Roughs. $3.25; sl - 50: calves - $6.50@7; lambs, $5.50@6. By United Press 1 . J OLE R 0 -. March 4.—Hogs—Receipts, 2 ’-,F iar^et to * Bc higher; top, $4.66 FA- 75: . m ** ed ' $4.40® 4.50; bulk. $4.40® Ji?-75®4; lights, $3.75® 4; roughs [email protected]. Cattle Receipts, light: market, steady. Calves—Receipts, ligljf; market, higher; choice to extra. s7® 8: far to good, s6® 7. Sheep and lambs receipts light; market slow and 25c lower; spring lambs. s4@6. By United Press PITTSBURGH, March 4.—Hogs—Receipts 1 500; market steady to sc. Tiigher: 170-210 lbs., $4.80® 4.90; 220-250 lbs., *4.50 @4.75; 250-320 lbs., [email protected]; better ?I ae P'S s - 53.50@;4; most packing sows. *3.30. Cattle—Receipts, 15; market little changed; medium grade sters quoted at [email protected]; medium heifers [email protected]. Calves—Receipts. 100; market, slow; talking steady to lower on vealers or around $7®7.50: for choice kinds. Sheep—Receipts —500; market steady: most better grade wooled lambs. $6.50@7; medium kinds, 55.25®6; good to choice shorn lambs. $5.50® 6. Marriage Licenses Roy C. Lottlch, 39, of Anderson, undertaker. and Roberta M. Handlon, 25. of 401 North Illinois street, clerk. Cloye C. Bryant, 28, of Plainfield, collector. and Laura B. Houze, 28, of 3464 East Twenty-eighth street. William Lord. 42. of 3475 School street Jewelry polisher, and Mary Myrtle Padgett. 45, of 3247 Nicholas avenue. DR. MACKINTOSH BURIED Funeral Services Held for Former Wabash President. By United Press CRAWFORDSVILLE, Ind„ March s.—Educators and teachers associated with Dr. George L. Mackintosh during his long career as president of Wabash college, attended his funeral services here Thursday Dr. Mackintosh died Monday night of bronchial pneumonia. Dr. Mackintosh served as president of Wabash from 1907 until I 1926, when he became president j emeritus* i

Local Wagon

City grain elevators are paving 45c for No. 2 red wheat and 45c for No 2 hard wheat. Marion County R. A. C. Association will meet at 7:30 tonight in the Masonic temple chapter room, it was announced today by Clayton C. Marsh, publicity director. Presiding will be John B. Given, president.

ANHOUNCEMENTS 1 Death Notices ANDERSON. JOHN H.—Age 41 years, passed awav March 4th. at the residence. 106 Douglass St. Time of funeral given later. For further information friends mav call FINN BROS. FUNERAL HOME Ta. 1835. FLAHERTY. TlMOTHY—Brother of Elisabeth. died Fridav. Funeral notice later. 1 KIRBY-DINN SERVICE. FORD. FRANCES —Age 82 vears. beloved mother of Mrs. C. Houchins and Mrs. Mary Johnson of Nashville. Tenn.. died Thursday. March 3. Funeral Saturday. March 5, 2 and. m. at GEORGE W. USHER FUNERAL HOME. 2614 W. Wash. St. Burial Floral Park cemetery. Friends invited. lIAASIS. EVERET LA DUC—Age 11 weeks, j beloved son of H H. Haasis. passed awav Thursday p. m. Services from FLANNER <fc BUCHANAN MORTUARY. Saturday. ' 11 a. m. Friends invited. Burial Crown Hill. LANE. DONALD GENE—Beloved little son of William M. and Joyce M. Lane. 1 brother of Wiliam Jr. and Richard Lane, departed this life Wednesday. March 2, age 2 Funeral Saturday. March 5 at the Presbyterian church. 12th and Arsenal. 2 and. m. Burial Memorial Park cemetery. Friends invited. Friends may call at MOORE & KIRK FUNERAL HOME. 2530 Station St., until hour of funeral. MANY. LENA—Widow of A. J. (Doc) Many, passed awav Thursday morning at the home of her daughter. Mrs. G. Schissel. 749 N. DeQuincv. mother of Mrs. Nettie Lindamann. Mrs. Laura Vogt. Mrs. Virginia Goli. Mrs. Hester Davis. Mrs. Gertrude Schissel Funeral services at THE FLANNER & BUCHANAN MORTUARY Saturday. 3:30 n. m. Friends invited. Friends mav call at the mortuary after Fridav noon. ri’COY. ROBERT C.—Husband of Elsie McCov. father of Bobbv and Zadel Marvlvn. son of Mr. and Mrs. Charles McCov and brother of Mrs Zadel Whiting, grandson of Mrs. Miranda Wells, passed awav Mondav morning. Funeral services at THE FLANNER & BUCHANAN MORTUARY Saturday 2 p. m. Friends invited. I Burial Crown Hill. SOMMER. DR EDGAR F.—Passed awav at Milwaukee. Wis. Thursday morning. Father of James M of Decatur. 111., and Francis A. of Indianapolis. Services at THE FLANNER & BUCHANAN MORTUARY. Time later. TEMPLE RODNEY J.—Beloved husband of Ida Temple and father of Joseph Temple. Mrs. Grace E. cooper and Mrs. Svlvia Shellman. Passed away at the residence. 3*o Northern avenue Thursday. March 3rd. Funeral services will be held at THE WAL'D FUNERAL ROME. 1619 N ILLINOIS ST.. Saturday afternoon March sth at 2 o'clock. Burial Washington Park cemetery. Friends invited. WRIGHT. RUTH—Beloved w ife of Rheuhen Wright, mother of James C. Wright. Callie Ewing. Lorene. William and Eula Wright, daughter of George Reach of Hebardsville Kv.: sister of John Reach of Dayton. O.: passed awav at her residence.' 220 Hiawatha March 3 1932. age 49 years. Services Saturday 2 p. m. at above address. Burial Floral Park. Friends invited. BEANBLOSSOM SERVICE. YOTTNT. CHARLES E.—Beloved husband of Ftta Yount, passed awav at the residence. 2041 Adams st.. Thursday. March 3. age 73 vears Funeral services w'i'l be he'd at t.b WACO FUNERAL HOME. '619 N. Illinois St.. Saturdpy afternoon, March 5. at 3 o’clock Burial Crown Hill cemetery. PHpnrlc; 2 Cards, In Memoriams RYAN—In loving remembrance of my dear husband. Charles W. Rvan. who passed away one year ago today. March 4 1931. ' Loving wife. ADDA RYAN.

3 Funeral Directors, Florists W. D. REANBLOSSOM 1321 W. Ray BE 1588 W. T.'BLASENGYM - Matn office 2226 Shelbv St Branch office 1634 W Morris Dr 2570 EADES BROS. 1814 W. Morris. Be. 4327 GOODRICH FUNERAI HOME 1611 N Meridian Ta 1050 522 E. Market RI 5374 HTSEY & TITUS 951 N. Delaware LI. 3828 WM. E. KRIEGER 1402 N. Illinois St. RI 1243 ROY J. TOLIN - tion. 1214 Prosneci Dr. 6969, J. C WILSON 1230 Prospect Dr. 0321-0322 4 Lost and Found Finders of Lost Articles That have been advertised in this column will receive two guest tickets for The Indiana Theater To See George Gershwin’s “GIRL CRAZY” A Musical Comedy When you have returned the article to its owner, ask him to call Miss Joe at THE TIMES WANT AD DEPARTMENT and say that you have returned the article and tickets will be mailed at once.

FOUND—Keys on S. 111. Owner pay for ad. Ri, 6521. FOUND—Chow dog. Owner can have same by calling Ir. 6174, Lorenz Sax School, GOLD PlN—lnitial ‘D.” child’s keepsake of dead father. Be. 2391-M. HAS your gasoline been stolen while parked downtown or at home? The Automatic Gas-Lock, which costs no more than one full tank of gasoline will positively prevent this. Write Box No. 309 Timse. Salesmen wanted. PACKAGE—SmaII; containing money; lost between 20th and 30th on 111. or Mapleton car. Reward, 0069. PEKINESE dog lost, male, name “Toto.” 3351 Ruckle. Wa. 2220. Reward. PlN—Sigma Alpha Epsilon, plain, downtown, Ayres. Ta. 7117. RED CHOW—Male, harness: name Beetle". Reward. 1939 Central. No, 4. He. 5094. RING of keys, lost front of Shortridße high school. Reward. Wa. 1424-4. SORORITY pin. Phi Theta Chi, lost Mon. night. 214 Penway Bldg. Ri. 9733. WASHING MACHINE wringer lost off truck. Liberal reward. CH. 0652. or eves. Beech Grove 155-J-2. TIMES WANT ADS make interesting reading because interesting bargains of many kinds are listed here daily.

j A REWARD FOR HONESTY! I Indiana Theatre i * / \ linvites1 invites Times Readers I ‘I \ ! Durin S the Current Week jj [A x J : George Gershwin’s 1 ! W “Girl Crazy” X ?4.4fi Musical Comedy ot> J ; the Stajre. Complete! Intact i[ m ■' - "~i ! Direct from record ruaa in X. M ! ; * and Chbaso. I 1 fjjk Plus On the Screen | WjL Fredric March : .y j “Strangers in Love” READ THE DETAILS j! i '| :yj ; The finder of any article adjmmM vertised as lost in The Times If 1 , I ; Lost and Found” column will !j * ; ' receive two guest tickets to the | pj j Indiana Theatre. If you lone anything KE I 4 > MEMBER The Timeg Lost Ads J J , nr ‘- the surest and most eco it HK-ans of recovery. Frances upton Phone, Riley 5551 Times Lost Ads Get Results J

MARCH 5, 1932

ANNOUNCEMENTS 5 Personals CROCHETING and Hooked ruffs to order salesgirls wanted 310 N UB Rl 4958 HOME—Eideriv people: mentsl esses: rates reasonable: day, night service. R t 4729. TRY LEMCKI SERVICE SHOP-luS-10-12 E Mki Lemcke Bids Rl 9666 WHY USE OIL? Because E-N-T Oil is ANTISEPTIC -it is instantly effective—it is mild —fragrant —soothing—easy to uae. It is a Physician's prescription for Irritation of nose and throat It quickly relieves Colds—Asthma—Sinus. It !is safe for all ages. See vour Druei * ist tOT E-n -T Oil on sale as usu; I at all- i lu|>e[i(la:>le Drug stores BUSINESS SERVICE ~ 7 Business Services BAND and orchestra instrument repairing spe r t. guar, work PEARSON PIANy CO.. 128 N, Penn. Li, 5513 8 V, 1L 2 and remodel now. Save" money H. T. Mercer & Son. Ri. 7248. Ch. 3672 CARPENTER—Roofing, ’ob work of aT —kinds. etl, free, NYE ch usa.tT GAS STOVE, connected. $1; furnace coils furn. and Installed. $3. Ch. 5158. Kea ' se * el man; leant roots, gutters furnace colls Ch 2283-J H n-P- WOOD FLOORS—OId firs. _new, reasonable. L. B. Steele Ta 2137. LANDSCAPING—AII kinds: rich dirt' f > -ft ure - sodding and grading, Ch, 2828-R* 7 * A Moving, Transfer, Storage . BOTTS TRANSFER I et D nnr a L^ lt if s on Ions? distance mov'ng n ?, r l . eive . vou an estimate. Special en route. Dr 34M NeW York and o?ln '' L Hv' N „„ FIREPhCoF STORAGE- Where f°“ r *o? ds safe. Private lockers nn e easy ,er nis Get our price guaranteed service Cab T R(°'v7sn ENKlN^ , O M 42 T £ IR CAR CO < -' a _ 1 f- ft'- ‘750 419-23 E. Market St. MOVING s3—You help, $1 Jess; Quick service: careful white men, ch 5840 MOVING—S 2 up" white men: anything anywhere anytime. PETE'S Ch 2878 <5 ®T°. ra 9 e ' overland hauling Special prices on return loads, pocking R? 1 fSwt 8 111 P ° ol cars - 3628 Rl. 6561. Nights Ch. 0699-W. OTTO J. SUESZ. TTtY TIMES WANT APS fqr BUSINTIisS 7-B Paperhanging Imd Painting ISY 9L.ASS Paper Hanging. $1 to $2 50 per PAINTING. Houses a spec., lowest prices guarn., esti. free. Mr. Willis. Dr. 5073. FAPEI? h ANGING —Clean mg: esti tree H29i_ FRANK JACKSON Jr 2415 PAPER , r J™ n ~ ine and Painting 75cTer~iUr satis faction or no pay. Be. 3725-W. bahfrm. redec.; 15 yrs. exp. Li. 9419. REDUCED prices for a~limited _ time : % ; -guaranteed. A. W, BENNETT. Ch. 1884 8 Beauty Parlors FAClAL—Belcano. for dry, oily skin - $1 on Jack & Jill Beauty Shop. 410 Kahn Bldg' SHAMPOO AND WAVE. 50c.' . College Corner Barber and Beauty Shop. Wa 0979 HE L P WA N TED Those seeking employment should refuse to pay an advance fee or deposit a cash bond before securing information regarding the offer from the Better Business Bureau.

13 Help Wanted—Male SALESMEN—CaII on churches and lodges: turn. ref. NON BETTER PROD. CO. 905 Tenn, Ft. Wayne. Ind. WANTED—IO reai estate salesmen; no dead heads—must be livewire salesmen and have cars. Col. X. Binzer. 1114-1115 Peoples Bank Bidg. 14 Help Wanted—Female ! BEAUTY OPERATOR with following; or rent booth space. 420 Occ.. Bldg. Li. 0722. BEAUTY OPERATOR WITH FOLLOWING. 505 N. DELAWARE. LI. 1086. WANTED—IO real estate salesladies—must be livewires. Col. I. Binzer. 1114-1115 Peoples Bank Bidg. RENTALS 17 Furnished Rooms BEVILLE. N., 942—2 mod. rms., furn. or unfur,; meals opt.; nr. E. 10th car; reas. CENTRAL. 2902—Lovely front rm. s47~for 2 empi, bt.vs. Prlv. home._Ta. 1649. CENTRAL, 2528—Very nice, clean room, every convea., mod., reas. Ta. 0423. CENTRAL & 17TH—Large, furn. or unfur; kitchen prtvl.; steam. Ha. 0125-M. COLLEGE AT 24TH. E.. 717-Front rm.. good hm; prlv; gentleman: $3. He. 1417. DELA., N., 2024—Attrac. front rm.; pri mod, home; near bath. Ha. 4824-J. DEL. & 32ND.—Attractive rm, lovely home, priv. shower bath: man. Hu. 3943. DELAWARE, N., 2043, Apt. 4—2 Tms., separate or together; garage optional. EAST. N„ 726—Apt. 7; furn. or unfurn. rm.; stm ht; walk, diet. Li. 6781, aft. 5:30 ENGLISH. 1240—Warm, modern home: single. $2; double. $2.50. Dr. 5490. FALL CREEK. W.. 31: Apt. 2—Light front adjoining bath. 1 or 2 girls prof. Ta. 5914. ILL. N.. 710: No. 6—Clean, warm front. $3 & $4; 2 conn, hsekeep,; range, sink. $6. ILL.. N, 1907—Attrac. rm.. prlv. ent. lavatory, toilet, lge. closet, garage jmt. MARKET. E.. 1514—Large sip. rm.. prlv. ent. sink, furnace ht; $4 sgi, $5 double. MERIDIAN, N., 968—Apt. 12; front bedrm.; steam heat; suitable 1 or 2. Li. 2118. NEW YORK, E., 710—Nice, modern bedroom; all furnished; garage. Li. 1265. OHIO. E. 637—Nice mod. rms. for sleep or board; $5 double. $4 single. Ri. 7857. OHIO, E.. 407—Lodging for men: modern; 25c per night. Ri. 4145. OLNEY. 953-—Middle aged counle or family. share mod, home; gar. Ch. 2772-W. ORIENTAL. N.. 20—Front ’ sleeping rm.: all modem, private entrance: $3. PARK, 3203—Widow’s home; lovely rm twin beds; S3 & $4; meals opt. Wa. 2165-J RUCKLE. 2:)4o—Attract, rni. priv. home: close to car; 2 employed. Ha. 4072-J. WOODRUFF—774 W. Dr.: comfortable front rm, next bath; Beauty Rest. Ch. 5724. WOODRUFF. 962 E. Dr.—Light, cheerful rm.; nw home; no other rmrs. Ch 5253-J TvVELFTH, E, 521—Cheerful room: mod. home; reasonable: garage, Ri. 3752. 20TH. W . 130—Cheerful warm sleeping rm mod., near 111, car. Ta, 4637 ST, DENIS H° TEL : warm, homelike. - 10 $7 for 2, 136 W. Market. HOTEL ANTLERS BREVORT HOTEL Steam heat; mod conven.. $3.50 & up HARBOUR HOT E 1^—617% N Ill7"cTean. mod. rms, at Drices ..nv one can afford. Running water. Every convenience. COZY RM.—Modern bungalow, with voung | folk, gentleman, garage. Ha. 2597-W CLINTON HOTEL - 29 Virginia sleeping or housekeeping: $2.50 to $5. I NEAR COLLEGE CAR—Rm, in private home for 2; meals optional. He. 3467.