Indianapolis Times, Volume 43, Number 267, Indianapolis, Marion County, 17 March 1932 — Page 15

MARCH 17, 1932

STOCK SHARES DISPLAY SLOW MARKET ACTION Break in Argentine Bonds Feature of Early Trade.

Average Stock Prices

A-.rage of thirty industrial* for ".''(inoadav 79.11. off 1.91 Average of Acnt-v rail* 32 66. off 1.11, Average of >nty utilities 32.86. off .55. Average of ,riy bonds 81.07. off .21. BY ELMER C. WALZER United Pre* Financial Editor • NEW YORK, March 17.—The tock market moved lethargically without feature in the first two hours of trading today. Tickers barely moved and changes generally were fractional. The list staged a moderate recovery in the first hour after an irregularly lower opening. But toward noon prices again were slipping toward the early lows. Steel common held around the previous close of 42% and small gains were retained by American Can, Kreuger & Toll, Montgomery ward, Eastman Kodak, Sinclair and Allied Chemical, the latter going up more than a point. Auburn touched 91, up 2Vi, and held fairly 'veil. Rail Shares Uneven Railroad shares were Irregular with Chesapeake & Ohio at anew low for the present shares at 17%, off %. Southern Pacific also was old in large amounts at a small concession. Utilities around noon were back to the previous close. Grains eased off, while cotton futures were up 1 to 3 points. New Record lows were established by silk futures in all deliveries on weak cables from Japan. New Lows Made A break of 34 to 74 points in Argentine bonds was a feature of thp securities market. The issues were active on the downside. The bond market generally was irregularly lower with the rails selling off again. Alleghany Corporation issues made new lows at losses of 2 to more than 3 points. United States government issues were mixed, but the majority held small gains, being influenced favorably by the reduction in the Bank of England discount rate which eventually was expected to result in a lower rate at New York.

Bank Clearings

INDIANAPOLIS STATEMENT - March 17— Clearimr* $5.6(59.000.00 Debits 1.995.000.00 TREASI’RV STATEMENT -March 17Net balance for March 15 .. ,*738,317,585.95 Expenditures 6.474.042.6.7 Custom* recta, month to date 10.937.773.85

New York Curb Prices

(By Thomson <fe McKinnon) - March 17— 11:00.' 11:00. All! Cos of Am. 46 Gulf Oil 27 Am Cvanamld.. t'ulnsull Ut 1> 8 Am Gas & El.. 32 jlnt Super 10 Am Lt & Trac. 18' ,Unt Pet 10 Am Sup Fwr.. 3'j! Midwest Util .. 2 Ark Gas A .. 2'nNat, Aviation .. 3'a Asso Gas &. El. 2 T lNla Hud Pwr... 6 Rraz Pwr & Lt. 12 -*'Niles 7' Can Marc I'a l Salt Creek .... 3'i Cent Sts Elec.. 14 iSo Penn Oil ... 12 Cities Service.. 0 IStutas *... 12 Com Edison.... 90 'Un Gas A .... 1 7 k Cord . .. 4 n iilUn Lt As 4’/a El Bond A- Sh. 22'.-lUn Verde 3 Ford of Enc... 4 ;, i Ut Pwr .A ... 1V Goldman Sachs 2’,lUn Fndrs ..... l'/x Great A As P. .136 |

Net Changes

tty United Press NEW YORK. March 16—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Off Allied Chemicnl 76% 2% American Can 65% 1% American Telephone 131% 2% Auburn 88% 5% Bethlehem Steel 19 V* $4 Ca* 34% % Chrysler 10% % Consolidated Gas 62% I % Du Pont 49% 2% Electric Power 11% % General Electric 20 % General Motors 19 1V International Nickel 8% % International Telephone 8% % International Match pref 9 4 Kreuger & Toll 1% % Montgomery Ward 9% % N Y Central 26% 1% North American 34% % Pennsylvania 17% % Public Service 55 1% Radio 7% Vs Sears Roebuck : 31% 1 Standard Gas 29% % Standard Oil N J 28% % Transamertca 4% ... Union Carbide 31% % United Corp 8% ... U S Steel 42% 1% Vanadium 14% 1 WestinghOilse El 26% 1% Woolworth 42% % New York Liberty Bonds —March 16Liberty S%*. ’47 98.24 Liberty Ist 4%5, '47 100.7 Liberty 4th 4%5. '3B 100.18 Treasury 4>4S. ’52 102.28 Treasury 4s, '54 100.20 Treasury 3s. 55 89.29 Treasury 3%5. 56., 96.30 Treasury 3%5. ’47 94 8 Treasury 3%5, ’43 iMarch< 94.31 Treasury 3%5, '43 iJunei' 95. Treasury 3%5. '49 91 25 INSULL BONDS DROP AS HOLDINGS ARE PROBED No Answer Given for Steady Decline in Middle West Issues. By Scripps-Hoteard Xctcspape.r Alliance WASHINGTON. March 17.—As the federal trade commission turned the spotlight of its utility investigation back on to Insull properties this week. 1932 bonds of Middle West Utilities Company. Insull’s principal holding company, dropped to 48 on the New York curb. The commission failed, however, to disclose anything which would account for the steady decline in price of Insull bonds, or for the persistent rumor that a considerable part of the Insull utilities group might be absorbed by Morgan interests before long. The commission's investigation so far has shown fewer write-ups and less stock watering in the Insull properties than in those of a number of other utility groups. However, Middle West Utilities has bonds due every year until 1936. necessitating extensive refinancing during the depression period, and 1935 bonds sold as low as 28'* on Tuesday. RAW SUGAR PRICES March 18— January 101 97 .97 March 1.06 1.92 1.02 Mav 81 .77 ,77 Julv *7 83 .83 September 93 so 8? Deccmbar .89 .95 .95

New York Stocks <Bv Thomson & McKinnoni ——————

—March 17— Railroad* — .. Prev. High Low. 11 00 close. Atchison 74% 74 74% 74% Atl Coast Line ... 25% Balt <k Ohio.. 14'a 13% 14% 14% Chesa A: Ohio.. 18% 1* 18% I*% Chesa Coro 13% 13 13% 13% Can Pac H% 15% 16 16Vs Chi Ort West 1% CRI&P 9% a Del L & W . 1?% Del <fc Hudson 31% Erie , 7% Illinois Central . 13% 11% 13% 13% I.ou Si Nash . M K At T. ... 34% 4% 5% Mo Pacific ... ’* 6 6% 6% Mo Pacific ofd.. 14 13% 14 14 N Y Centra! 37% 36% 37 36% Nickel Plate ... ■ 15% NYN H & H.. 20% 20 20% 20% Nor Pacific I'% ,}J * Norfolk At West.. .. • . ■ 315 Pennsylvania ... I>% 16' 16% 13% Seaboard Air L.. .. • „/ a So Pacific 23 * 23% 2.V* 23.s Southern Rv ... 8 7 s * " s l’s St Paul 3% 3 A St Paul pfd 3% St L At 8 F .... *% i Union Pacific... 74% 73% 74% 74.. : Wabash J % Equipments— Am Car & Fdy " Am Locomotive *., a Am Steel Fd ,$% Am Air Brake Sh 13 13/4 Oen Am Tank 31% 31% General Elec ... 20% 19% 20 20 Oen Rv Bignal 22 22% Lima Loco 10% ••• Press Stl Car.. , 1% Pullman 19% 19% 19% 19% Wcstingh Elec.. 27% 26% 26% 26% RubbersFirestone 12% Fisk , , '* Goodrich 4% ♦% 4% 4% Goodyear I*% 16 Kelly Sprgfld 1% 2 Lee Rubber • , f U 8 Rubber 4% 4% Motors— Auburn 91 88% 89% 88% Chrysler 11 10% 10% 10% General Motors 19 18% 18% 19 Graham Paige 2% 2% Hudson 6% 6% :::::::::::: ::: $ \\s Nash , 15% 15 4 Packard 3% 3% 3% 3% Reo 2% Studebaker 9% 9% White Mot ■ 10% Yellow Truck .... ... 3% 3% Motor Access — Bendix Aviation. 10% 10% 10% 10% Borg Warner .. 10 Vi 10% 10% 10% Briggs 9% •9% 9% 9% Buna Wheel 3 Eaton ... ... 6 El Auto Lite ... 26% 25% 25% 26% El Storage B 29 30 Hayes Body 1% ... Houda 3% ... Motor Wheel ... ... 5 Murray Body 8% 8% Sparks W ... 2Vi 2% Stewart, Warner. .. .. 5 5 Timkin Roll .. 19 18% 18% 19% Mining— Am Smelt 13% 13% 13% 13% Am Zinc ~ ... 2% Anaconda Cop,. 9% 9 9% 9% Alaska Jun ..... 15% 14% 14% 15% Cal Ac Hecla . 2% 2% Cerro rie Pasco,. 11% 10% 11 Vi 10% Dome Mines ... ... 10% Fi eeport Texas.. .. ... ... 17% Granby Corp ... ... 5Vi Great Nor Ore 12 Howe Sound 10Vi Int Nickel 8% 8 8% 8% Inspiration .... 2% 2% 2% 2% Isl Crk Coal ... ... 15% Kennecott Cop.. 9% 9 9 9 Magma Cop 6 Miami Copper 3% Nev Cons ... 4% 4% Noranda 16% 16% 16% 16% Texas Gul Sul.. 22% 22’/a 22% 22'/a U S Smelt 16% Oils— Amerada 14 Vi 14% Ain Republic.... 1 % 1 Atl Refining.... 11% 11% 11% 11% Barnsdall ... 4% • 4% Houston * 4 4 Mex Sbd 8% 8% BVs 8 Mid Conti ... 5% 5% Ohio Oil 6' 2 6% 6Vi 6% Phillips 5*% 5% Prairie Pipe ... 814 B*4 Pr Oil & Gas 6 Pure Oil 4% 4% 4% 4% Roval Dutch ... 19% Shell Un 3% Simms Pt 4% 4% 4% 4% Sinclair 6 5% 6 5% Skeilv ... ... 3% Standard of Cal. 25% 25’4 25% 25% Standard of N J 28% 28% Soc Vac 9% 9% 9% 9% Texas Cos 11% 11% 11% 11% Union Oil 12% Steels— Am Roll Mills.. 10% 9% 10% 10% Bethlehem 18% 18% 18% 19% Bvers A M 15% 14% 15% 14% Colo Fuel 714 7 7 ... Inland ... ... 20 Ludlum ... ... 4 Vs McKeesport Tin 50% 49% 50% 50 Midland 5% 5% Repub 1 & S 4% 4% U S Steel 42% 42% 42% 42% aVnadium 15 14% 15 14% Youngst S At T 14% ... Tobaccos— Am Sumatra .... ... 4 4 Am Tob (Bi new 83% 83 63% 82% Lie At Myers 8... 56% 55% 56% 57 Lonllard 15% la’s 15% 15% Phil Morris 9% 9 9 ... Rrvnolds Tob... 38% 38% SB’s 39% Utilities— Abitibi 2 * Adams Exp 4% 4% Am For Pwr ... 5% 5% 5% 5% Am Pwr At Li AT&T 121% 120% 121’,2 121% Col Gas At El 14 13*8 14 13% Com At Sou 4 4 Cons Gas 62% - 61% 62% 62% El Pwr At L 1.... 12% 11% 11% 11% Gen Gas A 1% 1% Inti T & T .... 9 8% 8% 8% Lou Gas At El ... , 21% Natl Pwr At Li.. 14% 14 14% 14% No Amer C 0,... 35% 34% 35% 34% Pac Gas At E 1... 34% 34'% 34'% 34V Pub Set N J.. 55 35 So Cal Edison... 31 30% 30% 31% Std GAt El 29% 29 29 29% United Corp .... 8% 8% 8% 8% Un Gas Imp ... 19% 19% 19% 19% Ut Pwr At L A 6 6% West Union ... 41% 40% 41% 41% Shipping— Am Inti Corp... 6% 6% 6% 7 N Y Ship 5 United Fruit 25% 28% Foods— Armour A ... ... 1% Beechnut Pkg .. .. ... ... 43 Cal Pkg 10% ; Can Drv 12% 12% 12% 12% Childs Cos 4% Coca Cola 114% 113%j Cont Baking A ... 5% 5%: Corn Prod 43% 43% 43% 43% Crm Wheat 22% ... Cudahv Pkg ... ... 34% Gen Foods 37% 37% 37% 37% Grand Union .. 7% 7% 7% 7% Hershey 79 79 Kroger 16% 16 16% 16% Nat Biscuit 43 42% 42% 43 Natl Dairv 27% 27Vi 27'% 27% Purity Bak 13 12% Pillsbury ... ... 20% Safeway St 54% 53/% 54% 53% St Brands 13% 13 13 13 Drugs— Coty Inc ... 3% 3% Drug Inc 52% 52% 52% 52% Lambert Cos ... 48% 48% ■ 48% 51V* Lehn At Fink 21% Industrials— Am Radiator .... ... 6% 6% Bush Term 18V* Certainteed 2',* Gen Asphalt 11 % 11% Otis Elev 18% 17% 18% 18 Indus Chcms— Air Red 56% 55% 56% 55% Allied Chem ... 77% 76% 77% 76V* Com Solv 8% 8% 8% 8% Dupont 49% 49% 49-% 49% Union Carb .... 32V* 31% 32 31V* U S Ind A1c0... 27 26% 27 26% Retail Stores— Asso Dry Gds 5% Gimbel Bros ... ... 1% Kresge S S 14% 14%

Investment Trust Shares

ißv Gibson & Bernard) PRICES ARE TO 1? NOON. C. S. T. —March 17— Bid. Ask. Am Founders Corp com % 1 Am <fc Gen Sec A 7 10% Am Inv Tr Shares 2% ... Basic Industry Shares 2% Collateral Trustee Shares A... 4 4% Cumulative Trust Shares 3% 3% Diversified Trustee Shares A.. 7% . . Fixed Trust Oil Shares 2% ... Fixed Trust Shares A 7% .. Fundamental Trust Shares A. 3% 4 Fundamental Trsst Shares 8.. 3% 4% Leaders of Industry A 3% Low Priced Shares 8% 3% Nation Wide Securities 3% 3% Selected American Shares 2% 2% Selected Cumulative Shares... 5% 6 s * Selected Income Bhares 3% 3% Shawmut Bank Inv Trust 2% 3% Std Am Trust Shares 3% 3% Super Corp of Am Tr Shares S'* 3% Trustee Std Oil 'At 3% ... Trustee Std Oil (Bi 3% 3% U S Elec Light and Pwr iAi.. 17 19 Universal Trust Shares 2% 3

New York Bank Stocks

(By Thomson & McKinnon) —March 16 — Bid. Ask. Bankers 62% 64% Brooklyn Trust 230 245 Central Hanover 148 152 Chase National 40% 42% Chemical 33% 35% Cltv National 49% 51% Corn Exchange 62 65 Commercial 153 161 Continental 16 18 Empire 24% 26% First National X. 740 1.840 Guaranty 305 310 Irving 19% 20% Manhattan & Cos 32% 34% Manufacturers 32% 34% New York Trust 91 94 Public 28 30 Chicago Stocks Opening (By James T. Ha mill * Cos.) —March 17— Asso Tel Util . 4 (Intuit 6 s '4O . 9% Bendix Avia .. 10 s *. Lib McNeil Prod 3% Cities Serv 6 Mid West 1% Tord Corp .... 4% Nob Sparks .... 13 3<jnt Chi pfd IS ,Shd Util 1 Edison ... 88% Swift At Cos 17 s * Grigsby Oru .. 1 'Swift Inti 21% I Insull com .... 1% D S Ovpsum 33 i imuli p(d ..... a ; Ut & Ind com.. 2%

May D Storq 16% 17 Mont Ward 9% 9% 9% 9% Penny J C 33 32’* 33 32% Sears Roe 31% 31% 31% 31% Woolworth 42% 42 42% 42V* Amusements— Eastman Kod ... 75 74 75 74% Fox Film A 3% Grigsby Oru ... 1% 1 1 1 Loews Inc 38% Param Fam 8% 3% 3% 8% Radio Corp .... 7% 7% 7% 7% R-K-O 3% 3% Warner Bros ... 3 2’a 32% Miscellaneous— Congoleum o s * Proc Ac Gam 39 39% Allis Chai 10% 10% Am Can 66 % 65% 66% 65% i I Case 35% 34% 35% 34% Cont Can 38 37% 37% 37% Curtiss Wr . 1% 1% Gillette S R 19% 19 19% 191* Gold Dust 17% 17% Int Harv 22% 23 Int Bus M 102% Real Silk 4 4 Un A rest 12% 12% 12% 12%

Bright Spots of Business

Bv United Press NEW YORK. March 17.—For the first time since 1926 world sugar consumption will exceed production in the year ending £ ue ,., 31 ~ 1932 - according to an estimate bv B W. Dver At Cos. ST. LOUlS—Monsanto Chemical works reported net profit for 1931 was $1,452,711. against $837,761 in 1938. CHlCAGO—Caterpillar Tractor Company received an order for ten Diesel tractors from a Belgian contractor. NEW YORK—Cities Service Company reported a February surplus of $1,713 83S against $1,630,193 in February. 1931.

Produce Markets

Delivered in Indianapolis prices: Hens heavy breeds, under 6 pounds, 13c; hens’ h^ y , t ? r *. ed , s ’ 8 Pounds up. lie; Leghorn hens, lie, large springers and stags, 9c; Leghorn stags. 6c; cocks. 7c; Leghorn cocks. sc; ducks, large white, lullfeathered and fat. 12c; small, 6c; geese, luli-ieathered and iat, 7c. Eggs No 1 current receipts. 7©Bc. Butter. 26©27c. Butterfat. 21c. These prices for healthv stock, free from feed. Quoted bv the Wadlev company. By United Press ..NEW Y°^ K * . March 17.—PotatoesMarket. steady. Long Island. $1.1502.60 per sack; Bermuda. [email protected] per barrel; Maine $1 92 per barrel; Canada. $1.2502.50 per barrel. Sweet potatoes—Market, steadv; iyL*?y b ® s >? t c s - [email protected]: Southern baskets. 400/sc. Flour—Market, auietspring patents. $4.40®4.60 per barrel. Pork —Market, firm; mess. $lB per barrel. Lard —Market, easv: middle west spot. $5.05® 5.75 per 100 lbs. Tallow—Market, firm; special to extra. 2&ffr.2%c per Dound. P/Jsscd Poultry—Market, steadv; turkeys, 15(77 30c; chickens, 20 0 27c; fowls. 10023 c; bro lers. 20030 c; capons. 18©32c; ducks. 12® 16c. Long Islands ducks. 160 21c. Live poultry—Market, steady; geese. 10®15c: ducks. ll®19c: fowls. 23®25c: turkeys. 15 @27c; roosters .10c; broilers. 12©27c; canhns. 16©30c: chickens. 15@27c. Cheese— Carket. auiet; state whole milk fanev to special. ll'/ 2 @l9c; young America. 13© 13%C. CHICAGO. March 17.—Eggs—Market, firm; receipts. 11.648 cases: extra firsts, 12 %c: firsts. ll%c: current receipts. 10%c: seconds. 10c. Butter— Market, firm; receipts. 6.208 tubs; extras, extra firsts. 21%@22%c: firsts, 20%021c; second/. 19'/a© 20c; standards. 22>/ 2 c. PoultryMarket. steadv: receipts, no cars in. 1 due; fowls 16%@19c: springers. 22c: Leghorns, 16%c: ducks. 170)2Oc: geese. 12c: turkeys. 15 ©22c; roosters. 11c: broilers. 22@23c; stags. 16'/ 2 c. Cheese—Twins. 11%@11%c: young Americas. 12012 >/ 2 c. Potatoes—On track. 228: arrivals. 120: Shipments. 1,197: markets, steadv; Wisconsin Round Whites. 85 @ 95c: Idaho Russets. $1.4001.55; Nebraska triumphs. $1.3001.40: Minnesota and North Dakota Red River Ohios. $1.25® 1.35. By United Press CLEVELAND. March 17.—Butter—Extras. 27%c; standards. 26'. 2 c: market firm. Eggs —Extra firsts. 12c: current receipts, ll'/ic: market, steadv. Poultry—Heavy fowls. 17 (Wise: medium. 20®21c: Leghorn, 16@17c: smoth springers. 18®19c: broilers. 21023 c: heavy broilers. 23026 c: ducks. 20®21c; old cocks. 12@13c; geese. 15®16c: stags. 13© 14c: turkeys. 25c: capons. 24c: market, firm. Potatoes—Ohio and New York. 55® 56c bushel: Maine Green Mt . slOl.lO per 100-lb. sack: Idaho Russet, [email protected] per 100-lb, sack. S.v United, Press CINCINNATI. 0.. March 17.—Butter: Packing stock No. 1. 18c: No. 2. 11c; No. 3.8 c: butterfat. 18@20c. Eggs—Higher, case included: extra firsts. 12c; seconds. 10c: nearby ungraded. 11c: duck eggs. 18c: gose eggs. 65c. Live poultry—Thin and coarse stock sell onlv at heavv discount. Fowls. 5 lbs. and over. 18c: 4 lbs. and over. 19c: 3 lbs. and over. 19c: Leghorns. 3 lbs. and over. 15c: roosters. 10c; colored broilers. 1% lbs. and over. 22c: 2 lbs. and over. 25c: partly feathered. 12c: Leghorn broilers. 1% lbs. and over. 22c: 2 lbs. and over. 20c; Leghorn stags. 13c: colored stags. 15c; black springers. 11c; 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: canons. 8 lbs. and over. 23c: under 8 lbs.. 20c: slips. 15c; hens. 8 lbs. and over. 30c: young Toms No. 1. 10 lbs. and over. 22c. Marriage Licenses Orville E. Burgin, 41. of 1510 North Illinois street, contractor, and Mary S. Mocre 36, of 1328 North Capitol avenue. Charles W. Burgin, 21. of 1510 North Illinois street, truck driver, and Lucille W. Jugensen. 24. of 1611 North Illinois street, maid. John Orval Humphrey, 30. Danville, 111., secret service employe, and Sylvia B Morehouse, 18. of Route 3. Box 310, houseworker Merton L. Petro. 37. Crawfordsville, farmer, and Mattie Blanche D’Armond, 41. of 336 Forrest street, housekeeper. Charles Hoffmever, 22. Fishers, Ind.. electrician, and Florence Elmore, 22. of 3771 Rockville road, stenographer. Arthur Neil Spencer. 33. of 1534 Park avenue, musician, and Epha Frances Stainbropk, 30, of 2528 Central avenue, mustcian. Alfred J. Fulton. 31, of 101 North Harding street, salesman, and Inez Ruby Bennett, of Route 3, Box 745, Indianapolis. Births _ Boys Lawrence and Hazel Scotten. Christian hospital. Walter and Doris Bush. 439 Arbor. Virgil and Flora Kidwell, 2624 Chester. Harry and Goldie Johnson. 348 Elder. Herman and Mildred Wimmenauer, 2011 North La Salle. Harry and Doris Wanzandt, 517 South Bacon. William and Mamie Smith, 1830% Martindale. Ike and Thelma Anderson. 2413 Rural. George and Nancy Taylor. 932 North Lynn. Foster and Ruby Oldshue, Methodist hospital. Peyton and Hilda Printz. Methodist hospital. Clark and Eva Hale. Methodist hospital. Sam and Sophia Passo. Methodist hospital. Bert and Bernice Edwards, Methodist hospital. Frank and Evelyn Camp. 2445 North Gale. Fred and Marie Bussell, Methodist hospital. Alonzo and Helen Guinn. 430 Leeds. Girl* Simpson and Lucile Hawkins. Christian hospital. Elmer and Helen Davis. 1061 North Belmont. Cecil and Wilma Young. 1932 Ashland. Rov and Virginia Jones. 2005 East Maryland. Nathaniel and Lucille Jones. 32nd and Emerson. Marcello and aMtilda Rinani, 728 North Warman. Isaiah and Annie Hill. 930 Meibel. James and Pecola Thompson. Fiftv-sixth and Kessler. Buck and Luberta Davenport. 1318 North Canitol. Charles and Lena Wortman. Methodist hospital. Paul and Ruth Stom. Methodist hospital. Rov and Mart- VanDdrew. Methodist hospital. Clifford and Delores Personett, 1114 King. Adolph and Clara Ponoski. 3513 East Twenty-fifth. Ernest and Lydia Benninger. 1878 Barth. Deaths Flora Murphy. 69. 402 North La Salle, arteriosclerosis. John R. Peters. 21, Long hospital, influenza. Isora McDonald. 83, 3121 North Illinois, arteriosclerosis. Alrbo Wirick, 71. 810 Broadway, chronic myocarditis. John Frederick Waddle. 24. 2112 North Delaware, pulmonary tuberculosis. Michael Flarety. 68. Central Indiana hospital. bronchial pneumonia. Martha Bimmons. 1. city hospital, cerebrospinal meningitis. Susan Shade. 80, 5755 Broadway terrace, arteriosclerosis. Charles C. Baird. 71. 720 North Colorado. acute myocarditis. Alfred Melton. 75. 1301 Hoyt, chronic myocarditis. William Herman Millon. 74. 1701 Fullenwider. hypostatic pneumonia. Ray Griffin. 24. city hospital, pulmonary tuberculosis. Ernest McCormick. 56, 103 North Altbsma. arteriosclerosis. Bertha M. Richwine. 44, Long hospital, myocarditis. Roselle Rieser. 9 months. 1034 Sooth Senate, ileocolitis. Everett Cowherd. 94. 1629 Columbia, arteriosclerosis. NEW YORK COFFEE RANGE —March 16High. Low. Close March gs.. 6.20 Mav 6.25 6.20 6.23 July 6.14 6.04 6.11 September 6.0# 6.05 6.0#

THE INDIANAPOLIS TIMES

SWINE PRICES UNCHANGED IN DULLJRADING Cattle Classes Active and Higher: Sheep Show Weak Trend. Porker prices were mostly steady this morning at the Union stockyards, selling at Wednesday's average. The bulk. 130 to 325 pounds sold at 54.30 to $4.70, top price $4.70. Receipts were estimated at 4.000; i holdovers were 83. | Cattle were active, with all i slaughter classes strong to higher. Receipts numbering 700. Vealers : showed a sharp decline of 50 cents to SI, with the general run selling mostly at $6.50; top, $7. Receipts 700. Sheep and lambs were dull with no early action. Indications pointed to a lower market. Receipts were quoted at 2,000. Asking generally was mostly *lO to 15 cents higher than Wednesday's average on hogs at Chicago. A few early sales and bids were around 5 to 10 cents higher. Good to choice porkers weighing 170 to 200 pounds were bid $4.65 to $4.75; 270 to 300 pounds sold at $4.35 to $4.40. Receipts were 15.000, including 3,000 direct-; holdovers, 7,000. Cattle receipts, 4,000; calves. 2.000; | market steady to 25 cents higher. Sheep receipts were 12,000, market strong. HOGS March Bulk. Early Top. Receipts. 10. $4 50 fa 4.75 $5.00 4.000 ! 11. 4.50® 4.90 4.90 6,000 12. 4.40® 4.85 4.90 2.500 14. 4.50® 4.90 4.90 3.500 15. 4.40® 4.80 4.80 5.000 16. 4.30® 4.70 4.70 4.000 17. 4.30® 4.70 4.70 4,000 Receipt*. 4,000; market, uteady. (140-1601 Good and choice $ 4.55® 4.65 —Light Lights—-(l6o-180) Good and choice 4.70 —Light Weights—-(lßo-200) Good and choice... 4.70 1200-220i Medium and good. . 4.65 —Medium Weights—--1220-250) Good and choice 4.55® 4.65 1250-290) Medium and g00d... 4.40© 4.50 —Heavy Weights—-)29o-3501 Good and choice... 4.20® 4.40 —Packing Sows—-(3so-500) Medium and g00d... 3.25® 4.00 (100-130) Slaughter pigs 4.25 CATTLE Receipts, 700; market, steady. Good and choice $ 6.00® 8.50 Common and medium 3.50© 6.00 (1,100-1,800) Good and choice 6.25® 8.50 Common aid medium 4.50® 6.25 —Heifers— Good and choice 5.25® 6 75 Common and medium 3.00® 5.25 —Cows— Good and choice 3 25® 425 Medium 2.75© 3.25 Cull i.nd common 1.50® 2.75 —Bulls (yearlings excluded)— Good and choice beefs 2.75© 3 75 Cutter, common and medium.. 2.00® 2.15 CALVES AND VEALERS Receipts, 700; market, lower. —Vealers— Good and choice $ 6.50® 7.00 Cull and common 3.00© 4.00 —Calves— Good and choice , 4.00® 600 Common and medium 2AO® 4^oo —Stockers and Feeder Steers— Good and choice 4.50© 6,00 Common and medium 3.50® 4 50 „ (600-1,500) Good and choice 4,50® 6.00 Common and medium 3.50® 4.50 SHEEP AND LAMBS Receipts 2.000; market, iteady. choice. $ 7.00® 8.00 Common and choice 4.50® 7 00 Ewes, medium and choice 2.25® 3 50 Cull and common 1.25® 2.25 Other Livestock Bu United Press ..CHICAGO. March 17. Hoes Rprpinis Mehpr *'h CIU r I| si 3, ®P° direct; mostly 10c b'fher than Wednesday; 170-210 lbs., $4.65 <6-4.75: ton. $4.75: 220-250 lbs $4 4504 654 6 ™ 32 n)1 b s S " tl 4 / 3 i ) tn 4 ' 4s: 1 , 4 °- 16( > lbs - 54.50© eon.- S 4 <6?-50: packing sows. $3.65© light lights. 140-160 lbs., good and choice. $4.50©4.70: light weight 160-200 L.f,%^ od ,on” d CA c !l oice - *t-55c04.75; medium weights. 200-250 lbs., good and choice. $4.40 ®' 4 j 7S L heavv weights. 250-350 lbs., good and choice. $4.20@ 4 .50: packing sows, 275500 lbs., medium and good. $3.65®4; slaughi eT A 190-130 lbs., good and choice. £4 .Cattle—Receipts. 4.000: calves. 2.000: fed steers and yearlings firm; spots, strong to 25c higher on weighty beeves and common offerings: butcher she stock, steady to strong; bulls, firm; vealers. weaktop fed weighty steers. $8.25. Slaughter cattle and vealers—Steers. 600-900 lbs., good and choice. $6.50®8.50; 900-1100 lbs., good and choice. $6.50®8.75: 1100-1300 lbs. good and choice. $6.75©8.75: 1300-1500 lbs., good and choice. $6.75©8.75. 600-1300 lbs. common and medium. $4.50®7; heifers. $5.50© 8.50; good and choice. $5.50®7: common and medium. $4©5.50: cows, good and choice. $3.25®4.75: common and medium. $3<&3.50; low cutter and cutters. s2®3; bulls, yearlings, excluded, good and choice, beef. $3.250 4; cutter to medium. $2.50® 3.50; vealers. milk fed. good and choice. SSO 6.50; medium. $405; cull and common. 52.50®4. Stocker and feeder cattle —Steers. 500-1050 lbs., good and choice. $5©6.25: common and medium. $3.75<©5. Sheen— Receipts. 12.000; steadv with Wednesday's decline; good and choice lambs. *[email protected]: one load. $7.75 to shipper: best held higher: few fat ewes. [email protected]. Slaughter sheep and lambs—Lambs. 90 lbs. down, good and choice. s7@B: meduim. s6@7; 91-100 lbs.. medium to choice. $5.750 7.85: all weights common. $50.6: ewes. 90-150 lbs., medium to choice. s3®, 4.50: all weights, cull and common. $1.75®3.50. Feeding lambs—Feedic lagmbs, 50-75 lbs., good and choice. $5.50 @6. By United Press PITTSBURGH. March 17.—Hogs—Receipts. 1.500; market slow, steadv to 10c lower: 130-230 lbs.. $4.75®4.90; 240-300 lbs.. $4.40®4.65; pigs. $4.35®4.75: packing sows. $3.35®3.75. Cattle—Receipts. 20: market, steadv: medium grade steers auoted around 55.50®6.80: medium heifers. $4.75(65.50. Calves —Receipts. 100: market, solw: talking around 50c lower on vealers or s7® 8.50 for better grades. Sheep—Receipts. 2.000: market slow, undertone weak, lower: asking around $6.5066.75 for shorn lambs and upward to $7.75 for wool iambs. By United Press TOLEDO. March 17.—Hogs—Receipts. 300: market, slow steadv; ton. $4.60®4.70: mixed. [email protected]. bulk. $4.5004.70: pigs, $4®4.25: lights. [email protected]: roughs. $3®3.50. Cattle—Receipts. 50: market, slow. Calves —Receipts, light: market. 50c lower: choice to extra. [email protected]: fair to good, s6@7. Sheep and lambs receipts, light; market, strong. By Times Special LOUISVILLE. March 17. Hogs Receipts, 500: market, steadv: 175-235 pounds, $4.65: 240-295 pounds, $4.35: 370 pounds up. $3.75; 175 pounds down. 85; packing sows. $2.75-3.50; stags. $2 r 0 town. Cattle —Receipts. 150: market, steady; medium and good slaughter steers and heifers mostly [email protected]: top. $6; slaughter cows and bulls. *3.25 down; light Stockers mostly $5 down. Calves—Receipts, 200; market. 50c lower: top vealers. $5.50: throwouts, $4 down. Sheep and iambs Receipts. 50: market, steady; heavv fat iambs. $6.25: buck lambs. $5.25: throwouts, *3.50 down: fat ewes. *2.50 down. By United Press EAST BUFFALO. N Y.. March 17.—Hogs —On sale. 1.600: fairlv active, fully steady: bulk, 160-210 lbs., $5®5.10: mixed offerings with light end. *4.5564.90; 235-250 lbs.. *4 65©4.95: 260 lbs.. $4 60: bid $4.25 on 310 lbs.; pigs and underweights, 54.55®5. Cat-tle-Receipts. 175: steers steadv Rt recent decline; medium to good. $7: common. 55.35 ®5.50: cows unchanged; cutter grades. .51.75®2.75. Calves—Receipts. 300; vealers steady to 50c lower, slow at decline: good to choice. *BO 8.50; common and medium. $4.50(36.50. Sheep—Receipts. 800; lambs active: fully steadv: good t* near choice woolskins. *8: common and medium, *7; shorn lambs. 17.25 down. By United Press CLEVELAND. March 17.—Hogs—Receipts, 1.100: holdovers none; steady to 5c higher: 160-230 lbs. $4.90. 240-300 lbs.. $4.50# 4.60; most pigs, $4.50. Cattle—Receipts. 300; opening slow around steady; common steers 1.000 lbs. down. $505.50; cows predominating undertone on especially lower grades, favoring weak to 25c lower close. Calves —Receipts. 300 ; 50c@$l lower: good to choice. *7®'7.50, very sparingly. $7.75® 8; cull to medium. *3.5066.50: bulk above *4. Sheep—Receipts. 1,200: fully 25c lower; nearly good to choice wooled iambs. $7.50: comparable clipped, *6.50; best held around *6.75; shorn throwouts downward to $5. By United Press FT. WAYNE. March 17— Hogs—Market, 10615 c higher: pigs. *46 4.25; lights. *4.4004.55: mediums, *4.35 04.50: heavies, *4.556 4.35 # roughs. *3 50; stags. *2.25; lambs. *6.5007. By United Press LAFAYETTE Ind.. March 17.-Hogs Market. 160-200 lbs *4.45; 206-225 Tbs.. *4.4(1; 225-250 lbs.. $4.30 : 250-275 lbs . *4 25; 275-300 lbs.. t*M: 300-325 lbs., (4: 150-160 tbs.. *4.55: IW-150 lbs.. *4; 100130 lbs.. *3.75; roughs. *3.75; eaivet 50 cents lower, top. $6, top lambs, (L

Dow-Jones Summary

Market Street Railway preliminary statement in 1931 shows net income of *125.394 after charges, against *167.704 in 1930. Pullman Inc. declared the regular aaarterly dividend es 7$ cent*, payable May 16, of record April 23. Columbia Carbon in 1931 earned *3.02 a share, against *5.04 In 1930. New York cables opened in London at 3 61%. against 3.42%: Paris, checks 9L75; Amsterdam. 8.955; Italv. 69,875. and Berlin. 15.187. Austin Nichols A Cos. declared the regular auarteriv dividend of 37% cents on prior A stock, payable Mav 1. of record April 15. Otis Elevator Company in 1931 earned *2.01 a common share, against *3.44 in 1930. U. S. Leather in 1931 reported net loss amounting to *1.119.076 after all charges, against net loss of *1.131.624 in 1930. Noranda Mines. Ltd., tn 1931 earned $1.06 a share, against. *1.71 in 1930. Pennsylvania railroad ear loadings in week ended March 2. totaled *9,257 cars, against 96.815 in previous week and 115,700 in 1931 week. Cities Service declared the regular monthly dividends of 2% cents in cash and % of i per cent in common on common stock, both payable May 2, of record April 15; February surplus amounted to $1,713,839 after all charges and preferred dividends, but before common dividends and reserves, against $1,630,193 in February. 1931; twelve months amounted to $15,543,972. against $37,264,593 in previous twelve months. United States freight in 1931 showed net loss of $339,800 after charges, against net loss of *160,789 in 1930. Addressogranh Muitigraph Corporation declared the regular Quarterly dividend of 25 cents on common stock, payable April 11, of record March 28. Western Pacific Railway Company in January reported net loss at $315,728 after taxes and charges, against net loss amounting to $209,394 in January. 1931. Western Union Telegraph Companv in January showed net loss at $113,446 after taxes and charges, against net income of $263,383 in January. 1931. Pacific Gas Ac Electric Company declared the regular Quarterly dividend of 50 cents on common stock, payable April 15. of record March 31. Bank of England statement as of March 17. shows circulation of 353.11 t- . against 354.475.006 nounds on March 10: ratio 37.1 against 31.1 per cent and bullion 121.461.066 against 121.455.066. Kellogg Switchboard and Supply Cos. in 1931 reported net loss amounting to $492,946 after charges, against $32,937 in 1930. Merritt Chapman & Scott in 1931 earned 42 cents a common share, against $1.61 in 1930. Great Lakes Towing Cos. omits quarterly dividend of $1 on common stock, and $1.75 on the 7 per cent preferred, due at this time. Pennsylvania Power and Light Company in twelve months ended Jan. 31, 1932, showed net income amounting to $10,631,356 after taxes, depreciation, interest, etc., against $9,314,125 in preceeding twelve months. Intercontinental Rubber Cos. and subsidiaries in year ended Dec. 31 1931. reported net loss of $351,932 after expenses and inventory reserves, against net loss of $303,692 in 1930.

In the Cotton Markets

(By Thomson & McKinnon) NEW YORK, March 16.—The price range for cotton this morning was about 6 points and the average slightly higher than Tuesday’s close. There was some commission house buying and some professional selling. Trade news abroad was slightly improved but transactions on the contract markets were too limited to be of any great significance. The plan to investigate the farm board’s activities and the various suggestions for holding or disposing of its holdings of cotton naturally operate against public participation at present. All of this, in our opinion, has contributed to thorough liquidation and we have no doubt that the present technical position of the market is excellent. CHICAGO —March 16High. Low. Close. March ... ... 6.92 May 7.05 6.98 6.99 Julv 7.20 7.13 7.14 October 7.39 7.32 7.32 December 7.55 7.50 7.50 j NEW YORK January 7.56 7.50 7.53 March 6.85 6.80 6.80 Mav 6.96 6.86 6 88 ! Julv 7.13 7.04 7.07 October 7.34 7.26 7.29 December 7.52 7.44 7.45 NEW ORLEANS March 6.85 6.76 6.78 Mav 6.95 6.86 0.88 Julv 7.11 7.02 7.04 October 7.30 7.22 7.23 December 7.47 7.40 7.41 Huge Oil Storage Plant Afire By United Press STETTIN, Germany, March 17. The large oil storage plant of the German-Arnerican Petroleum Company, affiliated with Standard Oil, was aflame today. Minor explosions occurred among the blazing reservoirs. All available fire apparatus was summoned. Japan Bans Cereal Exportation By United Press HARBIN, Manchuria. March 17. —The Japanese government today placed a ban on exportation of cereals to Russia, following heavy purchases by the Soviet government. The demand for cereals presumably is due to crop failures in Siberia.

RUSSIA NOW ONE OF

U. S.’ BEST MARKETS

Exports to Soviet Union Hold Firm During 1931. BY JOSEPH H. BAIRD United Press Staff Corresnondent WASHINGTON, March 17—The increasing importance of Russia as a market for American goods was shown today by an analysis of commerce department figures. These revealed that while total American sales abroad fell off roughly one-third last year, exports to the Soviet Union decreased by little more than a tenth. Commerce department statistics, gathered throughout the globe, also tended t emphasize the shifting of rich markets from the Atlantic te the Pacific area. This is one of the underlying reasons for the administration’s intense concren over Japan’s campaign on the asiatic mainland. The United States is anxious to maintain the “open door” principle of free trade for all nations in the ever more valuable asiatic market. In 1930, when the dampening effect of the world depression first began to be felt, the United States

WEAK CABLES SEND FUTURES MARKET DOWN Liverpool Sinks on Larger Shipment Estimates; Trade Slow. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO, March 17.—Weak cables and a lower stock market gave wheat a fractional downturn as the board of Trade opened today. Trade w T as not large, scattered selling finding fair support. Liverpool was lower on estimates of larger southern hemisphere shipments and fears that George S. Milnor, president of the grain stabilization corporation is making his trip to Europe as a business. ; venture. Corn was off with wheat. Oats was very dull. Opening Is Lower At the opening wheat was % to % cent lower, corn was % to cent lower, and oats Tic lower. Provisions were steady and slow. Liverpool was weaker than expected and at mid-afternoon down Vi to % cent, partly due to another reduction in the discount rate by the Bank of England making the rate 3% per cent. This is the third reduction in four weeks. Constructive news from abroad continued fair. Export demand and indifference in foreign markets to the unsettlement here have maintained fair support in wheat. The trade is very nervous and easily overbought or oversold. Temperatures in the southwest fell sharply, to around freezing at many points and lower east of the Mississippi. Country Sells Corn The country sold 80,000 bushels of corn Wednesday, but the cash demand showed some signs of improvement. This had a steadying tendency on futures. The weather is unsettled with prospects of precipitation. Oats continue to hold within a narrow range. The market is supported more by the strength in rye than any other grain. Chicago Grain Range —March 17— WHEAT— P*ev. High. Low. 11:00 close. Mav 57% .57% .57% .53% July 59% .59% .59% .60 Seotember ... .61% .61% .61% .62 CORN— May 38% .38% .38% .39 July 41% .40% .41 .41% Seotember 42% .42% OATS— Mav 24% .24% .24% .24% July 24% ScDtember 25 Va RYE— Mav 47% .47% .47% .47% Julv 49% .49 ,49% .49% September 50 .50% LARD— Mav 4.95 4.92 4.95 4.90 Julv 5.10 5.07 September ... 5.25 5.25 By Times Special CHICAGO. March 17.—Carlots: Wheat, 36; corn, 141; oat*, 46; rye, 2, and barley, 9. By Times Special CHICAGO. March 16.—Primarv receipts: Wheat. 376.000 against 902,000: corn. 560.000 against 541.000: oats. 235.000 against 256,000. Shipments—Wheat. 271.000 against 674.000; corn 136.000 against 465.000; oats. 119.000 against 337.000. By United Press CHICAGO, March 16.—Cash grain close: Wheat—No. 2 red, 55%® 56c: No. 3 red, 55%®55%c: No. 2 hard. 56c; No. 1 northern. 58%c; No. 1 mixed, 57c; No. 2 mixed, 56c: No. 3 mixed, 55%c. Corn—No. 3 mixed. 33%®33%c; No. 3 yellow, 33%0i 34%c; No. 4 yellow, 33c: No. white. 33 3 ?4 ®34%c. Oats —No. 1 white. 27'/ 2 c; No. 2 white, 24®25%c; No. 3 white. 22%@23%c; No. 4 white. 22c. Rye—No sales. Barley—--42® 60c. Timothy—[email protected]. Clover—s9@ $13.50. By United Press TOLEDO. 0.. March 16.—Close —Grain in elevators, transit billing. Wheat—No. 2 red, 57’/ 2 ®sß'/ 2 c. Corn—No. 2 yellow, 38®39c. Oats—No. 2 white. 26%@27%c. Rye—No. 2, 47®48c. Track prices 28% cents rate. Wheat—No. 2 red 52%®53c; No. 1 red. 1 cent premium; No. 3 red. % to 3 cents discount: No. 4 red, 3 to 5 cents discount. Corn—No. 2 yellow. 33% @34c: No. 3 veilow. 32©33c; No. 4 yellow. 29%®31c. Oats—No. 2 white, 23%®24%c; No. 3 white. 22%®23%c. Clover—Prime $8.75: March. $8.75. Aisike—Cash. $8.75: March, $8.75. Butter—Fancy creamery prints, 27®28c. Eggs—Extras, 10©10%c. Hay—Timothy per cwt. 80c.

Cash Grain

—March 16 — The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b.. shipping point, basis 41%c New York rate. were. Wheat—Steady: No. 1 red, 45%@46%c; No. 2 red, 44%@45%c; No. 2 hard, 44%® 45 %c. Corn—Steady: No. 3 white. 25@26c: No. 4 white. 24@25c; No. 3 yellow. 24@25c; No 4 yellow, 23®24c: No. 3 mixed. 23® 24c; No. 4 mixed, 22©23c. Oats—Steady: No. 2 white. 19%@20%c; No. 3 white. 18%019%c. Hay—Steady: (F. o. b. country points taking 23%c or less rates to Cincinnati or Louisville.) No. timothy, *[email protected]; No. 2 timothy. [email protected]. —lnspections— Wheat—No. 2 red, 5 cars; No. 4 red, 1 car. Total. 6 cars. Corn (new)—No. 3 white. 2 cars; No. 2 yellow. 2 cars; No. 3 yellow, 24 cars; No. 4 yellow. 2 cars; No. 3 mixed, 1 car. Total. 31 cars Oats—No. 2 white. 1 car: No. 3 white. 5 ears: No. 2 mixed. 1 car. Total, 7 cars.

Local Wagon Wheat

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

sold goods worth *3,843,181.282 abroad. But last year, with business stagnant throughout most of the world, these foreign sales declined to $2,423,759,239. a drop of about one-third. But in Russia'the market for American goods remained fairly steady. Exports to the Soviet state in 1930 were worth slll.361.847. Last year they fell off little more than 7 per cent, or to $103,483,910. And China, alone of all the large nations, bought more from the United States in 1931 than in 1930. The export figures for the two years were, respectively, $97,888,391 and $89,605,083. American export trade with Japan held up well, too, decreasing only $9,000,000, or from $164,570,403 in 1930 to $155,668,045 in 1931. By contrast, sales to the western European powers fell sharply. Exports to France slumped from $223,960.243 to $121,819,903; to Germany, from $278,269,296 to $165,999,133, and to the United Kingdom from $678,104,895 to $455,560,614. American trade officials feel certain that western Europe will recover a large measure of its former buying power. But the brightest future for American trade is seen in Russi?. and the far east.

The City in Brief

FRIDAY EVENTS Exchange Clob luncheon. Washington. Altrnsa Clob luncheon. Colombia Clob. Sahara Grotto luncheon. Grotto Clob. Reserve Officera’ Association luncheon. Board of Trade. Indiana Federal Bnsinesa Association luncheon. Washington. Optimist Club dinner. 6:3. Washington. Motion pictures of manufacture of coke, gas, and other coal byproducts will be presented at the school for custodians and firemen, conducted by the Indianapolis Smoke Abatement League, this afternoon in the Big Four building. Hershel Lyke of the Citizens Gas Company, which provided the film, will speak on "Coke and Its Uses.” Dr. G. Bromley Oxnam, president of De Pauw university, speaking at a meeting of the Men's Club of the Irvington M. E. church Wednesday night, said, "America must take her place in international affairs, if such crises as that, in Manchuria are to be prevented.” Upholding the negative of the debate, "Resolved, That all World war intergovernmental debts should be canceled,” the Indiana university men’s debating team defeated the Detroit City college women’s team Wednesday night at the Indiana university extension center. Intelligence service of the United States army from the Civil war to the present will be the subject of Colonel Russell H. Langdon of Ft. Harrison at Exchange Club luncheon Friday at the Washington. His father was a brigadier-general in the Civil war. A joint St. Patrick's day party of the north and east side Girl Scout high school groups will be held at 6 tonight at Girl Scout headquarters in the Board of Trade building.

Lieutenant Frank Owen, police accident prevention bureau head, pointed out that school children are i better observers of the city's traffic laws than adults, in an address to the Kiwanis Club at a luncheon in the Clavpool Wednesday. Victor Griffin, Van Miller and Ellis Carroll were awarded varsity band sweaters at the annual dinner of the Butler university band in the Campus Club Wednesday night. Fifty-first anniversary of the founding of the Indianapolis Elks lodge will be observed by members of the Boys of Auld Lang Syne at a dinner at 6 Sunday night in the lodge room. Joseph J. Bauer is right honorable primo of the order and George W, June secretary. The Y. M. C. A. will. open, a ground school aviation course at 7:30 p. m. Friday, it was announced today. Classes, Tuesday and Friday nights, will be instructed by E. M. Murphy, naval academy graduate and former Curtiss-Wright pilot. A free *upper to 100 men pre- i ceded a St. Patrick’s program on | Wednesday night at the Salvation i Army industrial home, 127 West | Georgia street. The program included songs by Mary Traub Busch, contralto, and Mrs. George Killian, soprano. Seventh annual spring exhibit of j the vocational dressmaking and j millinery classes of Technical high j school will be held March 23 and j 24, under direction of Miss Frances Buschmann and Miss Hazel Bur- j rows, home economic teachers. 'RED-SOCKS BANDIT’ IS ON THE LOOSE AGAIN Robber Holds Up Standard Grocery, but Spares Clerk's Roll. The red-socks bandit—he wears them over high top boots—held up the Standard Grocery Company’s store today at 811 Buchanan street, obtaining $25. It was the bandit's second visit to the store within three months. He was frustrated in his first holdup by Conrad Russell, 255 Barth avenue, store manager. ‘‘You’re not going to fool me this time,” the bandit told Russell as he | bound the latter’s feet with cord. I The bandit took S2O of the store's money from the cash register, but listened to the manager's plea of needing his own bank roll by taking but $5 of the sl3 in Russell's purse. He escaped on foot. Russell recognized him as a former prowler of' the store because of the red socks I topping his shoes. Other Livestock By United Press CINCINNATI, 0.. March 17.—Hogs—Receipts, 2,300 Including 1,583 direct held over, 321; unevenly steady to 10c higher; better grade 160 to 230 lbs.. $4.900 5; some 245 to 300 lbs.. $4.4004.75; 130 to 150 lbs., mostly $4.25; sows. $3.2503.50. Cattle —Receipts. 400: calves ,325; slow, about steady, supply light; odd lots common and medium steers and heifers, $4.40®’5.75: beef cows, $3.2503.75; low cutters and cutters, $203.75; low cutters and cutters. S2O 3; bulls. *3.75 down; vealers about steady with Wednesday close or mostly $1 lower tha nthe best time: and choice. $6.50@7; a few selected choice, *7.50: lower grades mostly $5.50 down; a few, *6. SI eep—Receipts, 1,350 including 1,100 direct; steady: salable supply light, better grade wooled iambs. *7.50®8. common and medium. $505.75; sheep, *3 down.

sls a Month on our 20 Months’ Investment Plan provides an opportunity to build An Estate of More Than $30,000.00 . . , through an ownership of U. S. STEEL AMERICAN' Tftv PHONE. STD. OIL OF INDIANA and ALL LEADING COMMON STOCKS AND BONDS at Today , low price, wih participat ~ in dividend, and earning, immediafely. Participation Tune In on the Marksmen Over WBBM at 8:30 Tonight J. LMarks & Company CBTABLIBHCD 7*l* Chicago investment securities South ... _ .. ~ „ INDIANAPOLIS OFFICE: 818 Continental Bank Bldg. Lincoln 8584

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORE MEMBERS Tark Stock Exchange Chicago Stock Exchange Now Tork Cotton Exchaage Cblnago Board of Trade Now York Curb A*odatloe Rooms 200-214 Circle Tower Telephone Lincoln 5561

PAGE 15

IRELAND’S SONS DONTHEGREEN Entertainment, Dance Will Be Staged Tonight. Green will be the predominating color at Tomlinson hall tonight when the city’s sons and daughters of "ould Erin” met to celebrate the

anniversary of St. Patrick. patron saint of Ireland. A program of entertainment will precede a dance. Eugene O’Sullivan is committee chairman, and John Dugan, enter t ainment chairman. Various Irish airs will be played and sung, including "Little Bit of Heave n,” “The Harp That Once Through Tara's

Halls,” "Killarney” and "Last Rose of Summer.” Vocal selections will be presented by St. John’s academy orchestra of thirty girls. Classical dancing numbers will be presented by Margaret Ann Feeney, accompanied by Ina Hauser; tap dancing by Helen Fischer, accompanied by Mrs. Anna R. Mahoney, and Irish jigs by Timothy J. McCarthy and Jeremiah O'Grady, accompanied by Charles O'Donnell, bag pipes, and John Meehan, violinist. The program also will include selections by the banjo trio of Cathedral high school, songs by the Little Flower trio, accordion numbers iv Tom Moriarty and a dancing revoa by Jac Broderick’s pupils. LESLIE’S POOR RELIEF STAND IRKS JOBLESS Unemployed CoHncil Plan* March on Statehouse in Protest. Mass meetings of members of the International Labor Defense at the Unemployed Council were announced today. The defense group will meet at 8 Friday night in Slovenian hall, 735 North Holmes avenue. William Ayres will speak on “Detroit March, on the Ford Plant and the Killing of Four Young Unemployed Workers.” Council members will hold an anti-war mass meeting on the south steps of the courthouse Saturday afternoon at 2. Monday morning they will march on Governor Harry G. Leslie, protesting his assertion that he would not call a special legislative session if there was a possibility unemployment relief appropriations might be voted. MURRAY IS CRUSADER, HE TELLS KANSANS Pleads at Emporia for ‘‘lndorsement or Condemnation.” By United Press EMPORIA, Kan., March 17. Governor William H. Murray of Oklahoma carried his presidential fight to Emporia today, explaining he is “crusading for the people and not campaigning.” The Democratic Oklahoma executive was scheduled to speak here at 2 p. m. and at Manhattan at 8 p. m. “I am not campaigning, I am crusading for the people,” Murray said in an address at Eldorado. “I want Kansas either to indorse or condemn me.” Murray attacked President Hoover and the Republican administration and advocated farm relief. In the Air Weather conditions at 9 a. m.: Northwest wind, 20 miles and hour; temperature, 35; barometric pressure, 29.77 at sea level; ceiling, overcast, low, broken clouds, ha zy, estimated at 1.500 feet; visibility, 3 miles; field, good.

BREED, ELLIOTT & HARRISON Established 1912 109 N. Pennsylvania St. Street Floor Indianapolis GOVERNMENT BONDS INDIANA ROAD BONDS SCHOOL BONDS REAL ESTATE PREFERRED STOCKS JOINT STOCK LAND BANK BONDS Corporate Trust Shares Trustee Standard Oilshares

Dugan