Indianapolis Times, Volume 43, Number 283, Indianapolis, Marion County, 5 April 1932 — Page 11

APRTE S, 1932.

STEEL. CARRIER ISSUES LOWER IN BULL TRADE Liquidation in Rails Adds Weak Tone to Entire Stocks List.

Average Stock Prices

Average of thirty Industrial* for Monday 71.fi, off .11. Average of twenty rails 27 4.7, off 10 Average of twenty utilities 27.42, off 20. Average of forty bonds 75 90, off 1.30. BY ELMER C. WALZER United Press Financial Editor NEW YORK, April s.—Liquidation of Atchison, Topeka & Santa Fe Railway and Union Pacific railroad, a two-point break in United States Steel and a 3-point drop in American Telephone and Telegraph were features in a weak stock market today. Selling broke out after an irregularly lower opening. Atchison's opening was delayed more than a half hour and then it appeared 1,500 shares at 56, off 5%. It later broke to 53%, off 7 : %, and anew low since 1901, when it sold as lo wa s42' z . Directors met at noon to act on the oividrnd, and the Street expected adverse action. Steel Moves Down Union Pacific followed Atchison down. It broke to 60, off 6 points, and anew record low. New record lows also were made by New York Central at 22'", off 1 7 . and Pennsylvania railroad at 14V off 1. United States Steel made anew low on the movement at 37'*, off 2 points. Its bear market low of 35’q was made early in Janary. American Telephone was within less than a point of its low for the major decline of 107%, touching 108"**, off exactly 3 points from the previous close. Autos Show Decline Selling of United States Steel was based on lack of evidence of pickup in automobile business despite sales drives and talk of heavier production. The employment index of the industrial department of the Detroit board of commerce on March 31' was 65.4, against 68.6 on Feb. 29 and 83 on March 31, 1931. Automobile shares made further declines. New lows were made by General Motors at 14V*, off %, and Chrysler at 9!, off %, Auburn touched 56‘a, off 5 points and within about a point of its low. Nash was down at 12 , >.

Bank Clearings

INDIANAPOLIS STATEMENT —April s—Clearings $2,044,000.00 Debits 5,269.000.00 TREASURY STATEMENT —April 5 Net, balance for April 2... .$621,536,603.18 Expenditures 11,884,863,12 Customs rects. month to date 1,625,098.72

New York Curb Prices

(By Thompson & McKinnon) - -April 5 • 11:001 11:00 Alum Cos of Am 32' j Goldman Sachs.. 2Va Am Cvanamid.. 3 * Gulf Oil 32Va Am Gas Ac El.. 23'Humble Oil 45 Am Sup Pwr... 2',ilmp Oil of Can 8 Ark Gas (A).. 18* Int Pete 9',4 Asso Gas Ac Elec 2'4)Midwest Util ... 1 Braz Pwr Ac Lt. 9 7 *!Mo Kan Pipe... '4 Can Marc 7 *;Mt Prod 2' a Cent Sts Elec... ltilNat Invest 2*4 Cities Service .. 5 jNat Aviation ... 3'e Cord 2’r Nia Hud Pwr .. 5 Deere Ac Cos .... 5 5 /|Std of nld 14'i El Bd Ac Share 16 Un Lt Ac Pwr... 3 3 / Gen Aviation .. 3'slUt Pwr 1 Ford of Can ... 9VUn Fndrs l'/s Ford of Eng .. 3 7 *! Other Livestock By United I'rrss CINCINNATI. O. April s.—Hogs—Receipts. 3,000. including 400 direct: held over 590: mostly 10c to 15c lower; spots off more; some bids on weighty butchers, 25c lower; better grade 160 to 250 lbs.. s4@ 4.40; mostly $4.40 on around 220 lbs. down; 250 to 300 lbs.. $5.75@4; bidding *3.90 on 120 to 150 lbs.; sows about steady; bulk. *3. Cattle—Receipts. 500; calves. 900; generally steady, supply light odd lots common and medium steers and heifers. $4.50® 5.75 some more desirable kind, $606.25; one lot of heifers. $6.50; most beef cows. 53.254t3.75; few. $4; low cutters and cuttAs. $203; bulls. $3 @ 3.50; some. $3.75: vealers. fairly active, fully steadv; good and choice, $5.50®6; lower grades, $3(&3.50. Sheep-Receipts, 1.100. including 688 direct; steady; better grade wooled lambs absent:, quotable *7.50'); 8; common and medium. $4.50®) 7: several lots of clipped lambs, *7; spring lambs. SB®l3: ewes mostly $3.50 down; best light weights quotable, *4. Pi/ United Press TOLEDO. Anri! 5 Hogs—Receipts. 350: market, 10 to 15c lower: top. $4.25® 4.30; mixed. 4.15 W 4.25; bulk. 5404.30; Digs. $3.7547 4: lights, *3.75®4: roughs. *3®3.25. Cattle—Receipts. 50: market, slow. Calves Receipts, liberal market, slow. Sheep and lambs- Receipts, light; market, steadv. By I nited Press LAFAYETTE, April 5. Hogs—Market, steal?- to 20c lower: 160-180 lbs.. *4; 180700 lbs.. $3.95; 200-225 lbs.. *3 90: 225-250 lbs.. *3.75: 250-300 lbs.. $3.60: 300-325 lbs.. $3.45: 140-160 lbs.. $3.80: 120-140 lbs.. *3.65; 100-120 lbs., $3.50. Roughs. $3 25 down; top calves, $5; top lamps. *5.50; westerns. $6. fi'l United Prrss FT WAYNE. April s.—Hoes -Market, steady to 20c. lower pigs, *3.50®4; light hshts.rights. $4®4.15; medium. $3. iS@3 90 heavies. $3.50443.75: roughs. *3: stags, *2; calves. *5.50. lambs. *6. fin United Press , PTrrSBURGH April s.—Hogs—Receipts, 1 DG G ; rnarket. slow; opening 15®25c lower; 60 : 220-260 lbs.. *4.25 4i 4.40: 120-140 lbs s4® 4.25; packing sows. $3.25® 3 50. Cattle—Receipts. 10; market, nominal; good steers. *6.50®'7: medium ?'i’ nwar and to $5.35: medium heifers. xz.GQrt 4.35 mpdi’im and cood cows, 4,25. Calves- Receipts. 150; market, slow, around steadv: good and choice vealers. ss® 6.50. Sheep--Roceiots. 500; market, slow: weak to lower; shorn lambs around $6.50; shorn wethers. $3.50 downward. sis/ United Press EAST BUFFALO. N. Y , Aoril s,—Hogs On sale. 1. • 00. vrrv slow, lareelv to packers. 15c to. mostlv ;oc under Monday's a\ f rage: desirable. 160-200 lbs. $4.6004.65: lightweight end. *4.35®4.50; few 220-240 lbs. *4.35® 4.60: pigs and unoerweights $4.25® 4.50. Cattle—Receipts. 50: cows, about steadv: cutter grades. *1.50 ®2.50. good yearling heifers. $6.35. Calves —Receipts. 100: vealers draggv. steadv to weak: good to choice. $6.50®7; common and medium. s4® 5.50; Inferior culls downward to $2. Sheep-Receipts. 100: holdovers. 500: lambs dull, barely steadv at Mondays full decline: oualitv plain: medium to good, woolskins. s7® 7.25: choice eligible around $7.50; common and medium. s6® 7 :aged wethers, shorn. *3.75 straight.

Cash Grain

—April 4 The bids for ear lots of grain at. the call of the Indianapolis Board of Trade. {. o. b, shipping point, basis 41> a c New York Rate, were: Wheat- Firm; No 1 Ted. 45' it> 4'iC. No. 2 red, 44 , 5*i45 , 2c; No 2 hard. 44' i ffr45' a c. Corn—Firm: No. 3 white. 26027: No. 4 white, 25<f(2€c: No. 3 yellow, 25(g26c; No. 4 yellow. 24fj2.Sc; No. S mixed ' 24® 25c: No. 4 mixed, 2324 c. Oats—Firm No 2 white. No 3 whit* 19’ r® 20 l ac. Hay—Steady.’ iF o. b country taking 23> s c or less rates to Cincinnuati or Louisville.) No 1 timothy, [email protected]; No. 2 timothy, s6®6 50 —lnspections No. 2 red, 3 cars; No. 3 red, l car. Total 4 cars. Corn—(Newi; No. 2 white 2 carsNo. 3 white. 4 cara; No. 4 white. 1 car; No 2 yellow. 1 car; No. 3 vellow, 24 carsNo. 3 mixed. 2 cars. Total. 34 cars Oats—No. 2 white, 7 cars; No. 3 white 21 cars: No. 1 mixed, l car: No 3 mixed 2 cara; No. 4 mixed. 1 car. Total, 32 cars. By Times Special CHICAGO. April 4.—Primary receipts: Wheat. 6.000.000. against 1.833.000- corn 438.000, agalnat 688 000: cats, 248 Ooo' against 477.000. Shipments: Wheat, 303.noo. against 747,000: corn. 174.000. against 031,000. oau, 148,000. agaicsl 6,44,000.

New York Stocks

—April 5~/ Prev. Ra ilrnad*— High Low. 11.09 Close. Atchison iMP* M% *•% 61% A* 1 Coast Line . .. JIJa J* Bait it Ohio ... 11 % )0 a JO% 11*. Che*A it 0hi0... It 1* 4 1* 4 1 \ Chesa Corp 10 }% | i }O% Can Pac I*% IS I '* 13 * IJJ* Chi On West... .. ... ••• 3 % Ch! N Weat S*< 5% ’A C.RT& P , * * Del L* W 14% 14 14 14 Del At Hudson.. .. ... *o’ M Brie 4% 4% 4*. 4% Great Northern., 11% IP* IP's ] 3 Illinois Centrsl.. 11% 11 U lit Kan City So ... ••• *% Lou A Nash I®’* M. K At T ••• , •••. 3 % Mo Pacific 4, 3% 4% Mo Pacific pfd . 9% 9 94* 9*. N Y Sentrsl 23% 224* 22% 24% Nickel Plate... .. . • • 8 NY NH A- H ... 18% 16% 16% 18% Nor Pacific ..12% 11 11 M% Norfolk A West..lOO 99 99 100 O At W ... 8 1 2 6% Pennsylvania .. 15 14’. 14% 15% Reading ... 20 20 So Pacific 18 15' 15'* 17 Southern Ry 8 6V* St Paul 2 1% St Paul pfd 2** 2% BtL&S F . 33 Union Pacific... 67 68% .6% 66 Wabash ... 2 W Maryland .. .. 3% Equipments— Am Car St Fdy. .. ... 5 5 Am Locomotive 5% 5% Am Steel Fd 5% Am Air Brake Sh 10% Oen Am Tank 26 25% General Elec 16% 16% 16% 16% Gen Ry Signal 15 15 Lima Loco 8% Press Stl Car p/ 2 Pullman .• is>4 Westlngh Ar 8.. .. 10% Wcstlngh Elec.. 33% 23% 23% 24% Rubbers— Firestone 12 11% 12 12% Fisk % % Goodrich 3% Goodyear 11% ll 11 11% Kelly Sprgfld 1% 1% Lee Rubber ... ... 2 U S Rubber .... 3% 3% 3% 3% Motor*— Auburn 61 56% 57 61% Chrysler 10% 10 10 10% General Motors 14% 14% 14% 14% Graham Paige, 1% 1% Hudson 4*4 4% 4% 4% Huno 2% 2' 2 2% 3 Mack ... ... 13% Nash 12% 12% 12% 12% Packard 2% 2% 2% 2% Peerless 3% ... Reo 1% 1% Studebaker .... 8% 6 6% 6 White Mot 9% Yellow Truck 2% 2% Motor Access— Bendix Aviation.. 3% 8% 8% 8% Borg Warner 7% 7% Briggs 8% 8% Budd Wheel 2% 2% Camnbell Wv 5% Eaton . . ... ... 4% El Auto Lite ... 18% 17% 17% 19 El storage B 24% .. Houda ... 21* 3 Motor Wheel ... ... 3% Murray 80dv.... 6% 8 6% ... Sparks-W ... 1% 1% Stewart Warner .. ... ... 3% Timkin Roll 15% 16% Mining— Am Metals 3% 3% 3% 3% Am Smelt 9 8% 8% 9V 2 Am Zinc , ... ... Anaconda Con... 5% 5% 5% _5% Alaska Jun 16 15% 15% 16% Cal A Hecla 2% ... Cerro de Pasco.. .. ... 7V* 7% Dome Mines 9% 9 Freeport Texas.. 16% 16 16Vi 16 Granby Crop 4 4% Great Nor Ore 9% Howe Sound 8% 8% Int Nickel 7% 7 7 7Vs Inspiration ... ... 2Vs Isl Crk Coal 11 12% Kennecott Cop. 6% 6% 6% 7 Magma Cop .... 5 4% 4% 5% Miami Copper 2% ' 2V2 Nev Cons 3% 3 3Vs -3 Noranda 15% 14% 14% 15% Texas Gul Sul.. 20% 20% 20% 20% U S Smelt 14% 14% 14% 14% Oils— Amerada 13 12% Am Republic .... . ■ ... 3 Atl Refining ... 10% 10% 10% 10% Houston .. ... 3% 3% Indian Refining Mex Sbd 8 8 Mid Conti 5 5 Ohio Oil BVi 5% 5% 7 Phillips 5Vs 5 Vs Prairie Pipe 7% Pure Oil 4 Shell Un 33 Simms Pt 4% Skellv 3*4 Stand of Cal 23Vi 24 Stand of N J... 27% 27% 27% 27% Soc Vac 9Vs 8% 9 9 Texas Cos 11% 11% 11% 11 % Steels— Am Roll Mills .. 7% 7% 7% 8 Bethlehem 16% 18% 16% 17 Byers A M 10Vi lO'/s 10% 10% Cruc Steel 14'4 14 Inland 16 Ludlum ... ... 4 McKeesport Tin 43 Vi Midland 3 Repub lAS... 3% 3% 3% 3% U S steel 38% 37% 37% 39Vs Vanadium 11 10% 10% 10% Youngst SAT 12 Tobaccos — Am To (A newl 73 Am To tB new). 76% 75 75% 76*4 Lig A Mvers B 52% 52% Lorillard 14V* 13% 13% 14V* Reynolds Tob .. 33% 32% 33 33% United Cig % Utilities— Adams Exp 3% 3% 3% 3% Am For Pwr 3% 3% 3% 3% A T A T 7% 7% 7% ... Col Gas A El.. 10% 10% JO’s 10% Com A Sou 3% 33 3 Cons Gas 56 54% 55% 56% El Pwr A Li.... 8% 7% 7% 8 Gen Gas (A) 1% 1% Inti TAT 6% 6 6 S% Lou Gas A El ... 17% Natl Pwr A Ll.. 11 Vi 10% 10% 11 No Amer Cos 27% 26% 26% 28% Pac Gas &El 29% 29 29 31% Pub Serv N J.... 49% 48% 48% 50 So Cal Edison 26% Std GA El 18 17% 17*4 19% United Corp .... 7 6*4 8% 6% Un Gas Imp 18% 17% 17% 18% Ut Pwr ALA 3% 3% West Union .... 32% 32 32% 33% Shipping— Am Inti Corp 5% 5V4 N Y Ship 3% United Fruit 21% 21 Vi Foods— Am Sugar 16% Armour (At lVs Beechnut Pkg 38% ... Cal Pkg BVi Can Dry ... 8% 8% Coca Cola 108 106’, 106% 1071., Cont Baking A 3% Corn Prod 3814 39 Crm Wheat 21 Cudahv Pkg 32% Cuban Am Sug.. 1 Gen Foods 35% 34% 34% 35 Grand Union 6% Hershev ... ... 71 % Jewel Tea 29 Kroger . 13% 13% 13% 13% Nat Biscuit 35 33% 33% 35 Natl Dairv 25% 25 25 25% Purity Bak 9% Pillsburv 16% Safeway St 49% 48% 48% 47% S,J Brands.... 11 10% 10% 11% Drugs— Cotv Inc ... 2% ... Drug Inc 45% 44 44 45% Lambert Cos ... ... 43% Lehn A Fink 17% Industrials — Am Radiator 5% 4% 4% 5% Rush Term .. ... 17V* Gen Asphalt 9% 8% 8% 10 Lehigh Port .... 4% 4 4% 4% Otis Eflev 14% 14V* 14% 14% Ulen 1 Indus Chems— Air Red 47% 46% 46% 47% Allied Chem ... 71% 69 69 % 71% Com Solv 7 6% 6% 7 Dunont 44 43% 43% 44%

Net Changes

By United Prrss NEW YORK, April 4. —Closing prices and net changes of leading •issues on the New York Stock Exchange today: Up. Off. Allied Chem 71 3 4 American Can 59’ ... T ANARUS Amer Tel At Tel Ill 5 * *•* ... Auburn 61 ... 13-*I 3 -* Bethlehem Steel 17 *3 ... Case J I 30’j *4 ... Chrysler 10** ... *4 Consolidated Gas 57 *4 ... Du Pont 44’* 7 * ... Elec. Power <Sr Light 8 A* ... General Electric 16 7 * ... ’* General Motors 14 7 * ... * Int Tel & Tel 6’ 4 ... '4 Loews Inc 24’4 ... 1 Montgomery Ward 7' 2 '4 ... National Biscuit 35 ... 2 New York Central 24 > 7 ... North American 28*. ’4 ... Pennsylvania 15 3 * ... ... Public Service 50 *a ... Radio ••• ••• Sears Roebuck 271 2 ’a ... Standard Gas 19 1 a *4 ... Soeonv Vacuum 9 ’ ... United Air ' U S Steel 39** *• ... Vanadium 10*4 ... *4 Westlnghouse Elec 24 s * ** ... Woolworth 39*a •• • 3

Investment Trust Shares

ißv Gibson A: Bernard' rRICES ARE TO 12 NOON C. S. T. —April 5 Bid. Ask. Am Founders Corp com ** 7 * Am * Gen Sec A 7 12 Am Inv Tr Shares l’ ... Basic Industry Shares 2 Collateral Trustee Shares A. 3’-j 4 Cumulative Trust Shares 2’ 3 s * Diversified Trustee Shares A. 6 l * ... Fixed Trust Oil Shsres 2' ... Fixed Trust Shares A 6 3 ... Fundamental Trust Shares A 3V* 3 s * Fundamental Trust Shares B.: 3* s 3 T s Leaders of Industry A 3 Low Priced Shares 2-' s 3 Mass Inv Trust Shares 14V 16V* Nation Wide Securities V t 3V* Selected American Shares.... 2 2’ Selected Cumulative Shares .. 51* s* Selected Income Shares 2’ 3 s * Shawmut Bank Inv Trust... 3‘* 3'j Std Am Trust Shares 3 3 l * Super fiterp of Am Tr Shares 2V* 3 1 * Oil A 3V ... Trustee Std Oil B 3V* 3V* V 8 Elec Light A : Power A.. 15 17 Universal Trust Shares 3H 2-3*

Union Carb .... 56% 25 25% 26% U 3 Ind Alco . 22% 21% 22 22% Retail Storm— Assoc Dry Gtis 4% Gimbel Bros 1% 1% Kregge s S .... 13% 13% 13% 13% May D Store 14% 14% Mont Ward 7 7% 7% 7% Pennyq j c 30% 30 30 30 Schulte Ret S' . . . 2 2 Sears Roe 26% 26% 26% 27% Wooiworth 38% 38% 38% 39V, Amusements— Eastman Kod ... 69 67 % 68% 71% Fox Flint A ... 2% 2% 2’, 2% Grigsby Gru .... . % % Loews Inc 24% 24 24 24% Param Fam 6% 5% 6% s% Radio Corp 6 6 R-K-O 3% Warner Bros 1% 1% Miseella neons— Airway App 1 City Ice A Fu 24% Congoleum 9 9 * <sni 30% 30% Allis Chal ... 9% Am Can 59 57% 57% 59% i I Case 30 28"* 29% 30% Cont Can 33 31% 31 % 33 Curtiss Wr i 1 Gillette SR... 18% 17% 17% 18% Gold Dust 16% 16 18 16 Int Harv 19 18% 18% 18% Int Bus M 91% 91% 91% 92% Un Arcft 11% 10% 11 v< 11%

Produce Markets

Delivered In Indianapolis prices: Hens, heavy breeds. 12c: Leghorn hens. 10c. Broilers, colored springers. 1% pounds up 17c: Leghorn and black, l'/i pounds up. 14c: bareback and partly feathered. 10c. Cocks and stags. 7c: Leghorn cocks. Sc. Ducks, large white full feathered and fat. 12c; small. 6c. Geese ful feathered and fat. 7c. Young and old guineas. 15c. Eges— No. 1. current receipts. 9c. Butter. 26 to 27c: undergrades. 24 to 25c. Butterfat. 22c. These prices for healthy stock free from feed by the Wadlev Company. By United Press NEW YORK. April 5 Potatoes—Market, steady; Long Island, [email protected]; New Jersey state. $1.50®1.60; Southern, [email protected]; Idaho. $1.90® 2,40; Maine. Sl®2; Canada, $1.45®2.50. Sweet Potatoes —Market, ouiet: Jersey baskets. [email protected]: Southern baskets, 30® 65c. Flour-Market, firm; spring patents. $4.30® 4.50. Pork—Market. dull; mess. *l7. Lard—Market, steady; middlewe'st spot. $4.80® 4.90 per 100 lbs. Tallow—Market steady; special to extra. 2%®2%c. Dressed Poultrymarket steady; turkeys 15®.30c; chickens, 18©27c; fowls, 10®2ic; broilers. 18@30c: capons. 18©34c; ducks Long Islands. 16© 20c. Live Poultry- Market film; geese. 10 ©lsc: ducks. ll®17c; fwols, 13@l8c; turkeys. 20®32c; roosters. 10® 11c; chickens, 14® 23c; broilers. 16® 28c; capons 15©32c. Cheese—Market. dull; state whole milk fancy to specials, 11%@19c; Young Americas. 12%ff113c. By United Press CHICAGO, April 5. Eggs Market, steady; receipts 18.423 cases; extra firsts, 12%@13c; firsts, 12®12%c; current receipts. ll&llVac: seconds. 10%c. Butter— Market, unsettled; receipts, 9.644 tubs; extras. 19%c; extra firsts, 18%®19c: firsts, 18%@18%c: seconds. 17'/ 2 @lßc; standards. 19%. Poultry—Market, firm; receipts. 1 cars; fowls. 15@16c; Leghorns. 13c; ducks. I8©21c; geese. 12c; turkeys. 15© 23c; roosters, 8c: broilers. 21@24c; Leghorn broilers. 19c: stags. 12c. Cheese—Twins, lltWll'/ic; young Americas. 11%@12c. Potatoes—On track. 289; arrivals, 10; shipments. 637: market, steady to firm; Wisconsin round whites. 75@85c; Idaho russets. $1.35(91.40: Minnesota and North Dakota Red River Ohios, $1.05® 1.10; Texas Triumphs, [email protected]. By United Press CINCINNATI, 0.. April s.—Butter—Packing stock No. 1,18 c; No. 2. 13c; No. 3. 10c; butterfat. 17ffiT9c. Eggs—Lower: cases, included: extra firsts. lIV2C; seconds. 10%c: nearby ungraded. 11c; ducks, eggs. 12c; goose eggs. 25c. Live poultry—Thin and coarse stock sells only at heavy discount; fowls. 5 lbs. and over. 15c: 4 lbs. and over, 16c; 3 lbs. and over. 16c; Leghorns. 3 lbs. and over. 13c; roosters. 10c: colored broilers. IV2 lbs. and over. 21c: 2 lbs. and over. 23c: partly feathered. 14c; Leghorns broilers. IV2 lbs. and over. 20c; 2 lhs. and over. 20c; 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: capons. 8 lbs. and over. 25c: under 8 lbs.. 22c; slips. 15c: turkevs No. 1. hens 8 lbs. and over. 30c: Young Toms No. 1. 10 lbs. and over. 22c.

New York Bank Stocks

(By Thomson & McKinnon) —April 4 Bid. Ask. Bankers 54 56 Brooklyn Trust 193 203 Central Hanover 129 133 Chase National 33’/2 35% Chemical 31% 33% City National 39% 41% Corn Exchange 52 55 Commercial 135 143 Continental 15% 17% Empire 23% . 25% First National 1,460 1,560 Guaranty 259 264 Irving 17% 18% Manhattan *Co 25% 27% Manufacturers 27% 29% New York Trust 80 83 Public 22% 24 Vi Chicago Stocks Opening (Bv James T. Hamill & Cos.) —April 5 Bendix Avia ... B%|lnsull nfd IV* Borg Warner... 7Vi!lnsult 6's '40... 2% lentSo Wst ... 2 !Middle West ... 1% 3itles Serv .... 5% Nob Sparks .... 13% 2ord Coro 3 ! Swift & Cos 16 V 2 lont Ch! com.. l%!Swift Inti 20% 'ont Chi pfd.. 13VilU S Gvpsum... 17% Comm Edison... 79%1Ut ft Indus nfd. 8 Griesbv Grunow %|Zenith Radio ... % Insull com Vai

Local Wagon Wheat

Citv grain elevators are paving 44c- for No. 2 red wheat and 44c. for No. 2 hard wheat. x NEW YORK COFFEE RANGE —April 4 High. Low. Close. July ’ .... 6.21 December 6.16 6.16 MASONS HEAR ADDRESS BY SAMUEL D. JACKSON Council of Deliberation Meeting Closes With Banquet. Samuel D. Jackson, first lieuten-ant-commander of the Ft. Wayne consistory, was principal speaker at the banquet which closed the sixtyfifth annual meeting of the Indiana council of deliberation Monday night in the Scottish Rite cathedral. More than 300 thirty-second and thirty-third degree Masons attended the event. The banquet followed a business session which began at 3. Appointments announced to fill vacancies were as follows: John T. Saulter of Indianapolis, grand hospitaler; Frank E. Strouder of Ft. Wayne, grand minister of state, and George S. Parker of Anderson, grand seneschal. HUNGER STRIKER QUITS Scholar Breaks 33-Days' Fast in Protest Against Unemployment. Bu United Press WASHINGTON. April s.—Dr. Frederic F. Wolter has broken his starvation fast after going for thirty-three days without any substantial nourishment. Wolter's plans for the future are vague. He said he intended to join a colony where other people with ideas similar to his own are congregated. A 57-year-old German - born scholar. Wolter has been unemployed for two years. H : s self-styled "hunger strike" was in protest against conditions which he said made it impossible for a man of outstanding scholarship to obtain siutable employment. Ask SIO,OOO in Boy's Death Suit for SIO,OOO damages against Francis J. Weber. 3515 North Pennsylvania street, growing out of the death in a traffic accident in Evansville. Ind., two years ago of a 4-year-old boy, was filed in superior court three today by Peter J. Becker of Evansville, the child's parents.

AUTO FINANCE at 6% Come direct to u* before yon buy if yon want to save on the Finance charges. GREGORY & APPEL 247 X. ifennsylvania Lincoln 7401

THE INDIANAPOLIS TIMES

SELLING DRIVES HOGS CLOSE TO 30-YEAR LOW Bulk Price Ranges From $3.70 to $4.15i Cattle Trade Dull. Continued selling with buyers refusing to submit to any advance in prices forced hogs within 5 cents of their thirty-year low at the city yards this morning. The market dropped 20 cents to a range of $3.70 to $4.15 on the bulk, 100 to 350 pounds. A top price of 54.20 was made by one load. Indications are that the record low will be broken in Wednesday's trade. Hog receipts this morning totaled 5,000; holdovers, 309. Little change was noted in cattle, the market holding steady with Monday’s prices. Receipts were 1,600. Vealers were steady at $5.50 down. Calf receipts numbered 600. Nothing was done in the sheep market. Some buyers were talking lower prices. Receipts were 1,600. Hog prices at Chicago opened slow, with a few early bids showing a 10 4o 15-cent decline from Monday’s average. The bulk, 180 to 210 pounds, were bid $4.20 to $4.30. Receipts numbered 22,000, including 5,000 direct; holdovers, 8.000. Cattle receipts, 7.000; calves, 3.000; market steady. Sheep receipts were 11,000; market unchanged. HOGS March. Bulk. Early Top. Receipts 29. $4.05® 4.45 $4.45 6.5C0 30. 4.00© 4.30 4.35 4.500 31. 4.000 4.30 4.30 4,000 April 1. 4.05® 4.40 <4.40 4.500 2. 4.05® 4.50 *4.50 2.500 4. 3.90® 4.35 4.35 7,000 5. 3.70® 4.15 4.20 5,000 Receipts, ,>.000; market, lower. (140-160) Good and choice...* 4.10® 4.15 —Light Lights—-(l6o-180) Good and choice... 4.15 —Light Weights—-(l3o-200) Good and choice.... 4.15® 4.20 (200-220) Medium and g00d... 4.10 —Medium Weights—-(22o-250) Good and choice.... 3.95® 4.10 (250-290) Medium and good.. 3.75® 3.85 —Heavy Weights—-(29o-350) Good and choice.... 3.70® 3.75 —Packing Sows—-(3so-500) Medium and g00d... 3.00® 3.50 (100*-130) Slaughter pigs 4.00® 4.05 CATTLE Receipts, 1,600; market, steady. Good and choice $ 5.75® 7.50 Common and medium 3.25® 5.25 U, 100-1,800) Good and choice 5.75® 7.50 Common and medium 4.25® 5.75 —Heifers— Good and choice 5.00® 6.25 Cc/nvnon and medium 3.00® 5.00 —Cows— Good and choice 3.25® 4.25 Medium 2.75® 3.25 Cull and common 1.50® 2.75 —Buis (yearlings excluded) Good and choice beefs ...... 3.00® 3.75 Cutter, common and medium.. 2.00® 3.00 CALVES AND VEALERS Receipts, 800; market, steady. —Vealers— Good and choice $ 5.00® 5.50 Medium 3.00® 4.50 Cull and common 2.00® 3.00 —Calves— Good and choice 3.50® 5.25 Common and medium 2.50® 3.50 —Stockers and Feeder Steers— Good and choice 4.50® 6.25 Common and medium 3.50® 4.50 (600-1,500) Good and choice 4.50®6.75 Common and Medium 3.50® 4.50 SHEEP AND LAMBS Reei-ipts, J. 600; market, steady. Good anl choice $ 6.50® 7.25 Spring '.umbs 5.00® 8.50 Common and medium 4.00® 6.50 Ewes, medium and choice .... 2.75® 4.00 Cull and common 1.25® 2.75

Other Livestock By United Press CHICAGO. April s.—Hogs—Receipts, 22,000, including 5,000 direct; 15@25c, below Monday's average: 140-210 lbs., $4.10® 4.25; top, $4.25: 220-250 lbs.. 5404.15: 260300 lbs., $3.80® 3.90: pigs. [email protected]; packing sows, [email protected]. smooth sorts to $3.65: light liglX;, $l4O-160 lbs., good and choice. [email protected]: light weight 160-200 lbs., good and choice, [email protected]; medium weights 200-250 lbs., good and choice, [email protected] heavy weights, 250-350 lbs., good and r choice. $3,650)4; packing sows, 275-500 lbs., medium arid good, [email protected]: siaughter pigs, 100-130 lbs., good and choice, $3.25® 4. Cattle —Receipts, 7,000; calves, 3.00; general trade steady: moderately active, both on local and outside account; weighty steers in best demand: top, $8.10; several loads, $8; bulk, [email protected]: lower gradvs continuing to get food acticai. Slaughter cattle and vealers: steers 600-900 lbs., good and choice, $6.25 ®8.25; 900-1.100 lbs., good and choice. j 56.50 <0:3.50; 1.100-1,300 lbs.. good and cniA'e, $6,750)8.50; 1,300-1,500 lbs., good and choic*. [email protected]; 600-1,300 lbs., common and medium. [email protected]; heifers, 550-850 lbs., good and choice, [email protected]; common and medium. $3.75®>5.50; cows good and choice, $3.25@5; common and medium. $2.73(9)3.25; low cutter and cutter, [email protected]; bull.- yearlings excluded, good and choice beef, $3.25®>4; cutter to medium, $2.50(g;3.40: vealers milk fed, good and choice, ss®6; medium, s4@s; cull and common. s2@4; stocker and feeder cattle; steers, 500-1,050 lbs., good and choice, [email protected]; common and medium, $3.75 0,5.25. Sheep Receipts, 11,000; steady with Monday's decline: choice lambs held higher; bidding. $6.50@7 on better grade woolskins: desirable clippers, [email protected]; around 84 lb. yearlings. $5.50; Xat ewes, s3@4; slaughter sheep and lambs —lambs 90 lbs. down, good and choice. $6.50®7.25; medium. [email protected]; 91-100 lbs., good medium to choice, $5.50® 7.10; al weights common. [email protected]; ewes. 90150 lbs., medium to choice, [email protected]; all weights cull and feeding lambs. 50-75 lbs., and choice, *5.750)6.25. By United Press EAST ST. LOUIS. April s.—Hogs—Receipts, 12,500; market, 10@15c lower; too, $4.15; most 150-220 lbs.. [email protected]: no weightier kinds sold; 100-140 lbs., $3.50(94; sows largely 5353.25. Cattle—Receipts, 2.800; calves, receipts, 1.200: market, slow, indications steady on all classes; no sales choice steers: a few common and medium kinds, $405.25; one load good steers, at S6; mixed yearlings and heifers, $4.50® 6.25; cows, [email protected]; low cutters. $1,500.2; top sausage bulls, $3.15; good and choice vealers, 55.75. Sheep—Receipts, 2.500: market, steady; few good to choice clipped lambs to city butchers, $6.25(96.75; good wooled lambs to packers $6.50 down; throwouts, $404.50: spring lambs, $909.25. By United Press CLEVELAND. April 5.—-Hogs—Receipts. 1.600; holdovers. 79: mostly 10®15c lower; pigs, steady: sows. 25c down. 150-230 lbs.. $4.50; 240-300 lbs.. 54.1504.25: pigs. $4; rough sows. *3. Cattle—Receipts. 250: steers, steadv; bulk. $5.25®5.65: largely common: cows slow, bulls weak to lower; low cutter to medium cows around. $1.75®! 3.50: most sausage bulls under *3.50. Calves —Receipts. 850. steadv: better grades, s6@ 7: culls to medium. [email protected]. Sheep—Receipts, 1.500: steadv with Monday’s low time: bulk lambs. $6.50: topping qualities scarce early, shorn throwouts largely *5 downward. By Times Special LOUISVILLE, April 5 Hogs—Receipts. 600; market 15c lower; 275-235 lbs.. $4.10; 240-295 lbs.. $3.80; 300 lbs. up. *3.20; 175 lbs. down, $3.30; packing sows, [email protected]; stags. *1.95. Cattle —Receipts. 125; steadv at Monday’s decline; bulk slaughter steers and heifers, *[email protected]; slaughter cows, $3.50 down; bulls. $3.25 down: stockers, $5.25 down. Calves—Receipts, 250; steadv; top vealers. $4.50: medium and throwouts, $3 down. Sheep and lambs —Receipts. 50; steady; bulk fat lambs. *6.50: buck lambs. *5.50; throwouts. $4 down; fat ewes. $2.50 ®3. Monday's shipments: 247 cattle and 93 calves.

sls a Month on our 20 Months' Investment Plan Enables You to Acquire Corporate Trust Shares at Today’s Low Prices, with participation in dividends and earnings immediately. Tune in on "The Marksmen" over B'BBM at S:3O P. M. each Thursday and Sunday. J.L.Marks & Company a**. investment securities So . th Bend INDIANAPOLIS OFFICE: 818 Continental Bank Bldg. Lincoln 8584

BELIEVE IT or NOT

AN VNMHMITfP IUOt.L Chief of to Rakerukis fmi. islands , ATE 1,372 LONG Figs' (fWnßetnos) DURING HIS LIFETIME ! & Kins Feature* Svndicnl®. !nc n r.HUrcrv„l. jr P'w— ORAUJ.N IN SWA. Fiji IS IAH OS

Bright Spots of Business

By United Press NEW YORK. April s.—An order for 8.000 tons of line pipe for the Southern Counties Gas Company was received by United States Steel Corporation. SOUTH BEND. Ind—A gain of 20.3 ner cent in Studebaker Corporation sales in the first quarter, as compared with the corresponding period of 1931, was reported by A. R. Erskine, president of the corporation. DETROlT—Attendance at. the national aircraft show here is running about 50 per cent ahead of 1931, it was reported. BOSTON—Gilchrist Company department store reported net profit for the year ended Jan. 31 was $124,501, against *41,418 in the preceding fiscal year. NEW YORK—Volume of business on the New York Cocoa Exchange in the first quarter was the largest since t.he record first quarter of 1929, H. T. McKee, president. reported.

In the Cotton Markets

(Bv Thomson & McKinnon) NEW YORK, April 4.—There was nothing much of interest in the cotton market this morning. Local •traders were decidedly against the market, taking their cue from lower security prices. Their operations had no effect on prices up to the noon hour as their selling was offset by moderate trade buying. Weather in the south over the week-end was favorable for farm work. Textile business is not active but prices are holding. The market has a sold out look and from a technical point of view is in excellent shape. The orient has been a seller, according to trade gossip, but for the last few days it has amounted to little or nothing. We entertain a favorable opinion of the market. —April 4 CHICAGO High. Low. Close. Mav 6.33 6.20 8.38 July 6.55 6.41 6.38 October 6.75 6.60 6.75 December 6.92 6.78 6.90 NEW YORK High. Low. Close. January 6.93 6.75 6.96 March 7.06 6.90 7.03 May 6.31 6.13 6.29 July 6.47 6.29 6.47 October 6.70 6.57 6.70 December 6.85 6.67 6.84 NEW ORLEANS January 6.73 6.73 6.73 March’ 7.05 6.88 7.05 May 6.30 6.12 6.29 July 6.45 6.18 6.45 October 6.66 6.49 6.66 December 6.82 6.64 6.81 New York Liberty Bonds —April 4 3> 2 s 100.10 Ist 4*4S 100.80 4th 4*4s 100.21 Treasury 4*4s 102.31 Treasury 4s 100.60 Treasury 144s 97.10 Treasury 3 3 *sos '47 94.10 Treasury 3%s of ’43 (March 1 94.26

James T. Hamill & Company Private Wire* to All Leading Market* Indianapolta / MEMBERS Chicago Stock Exchange Chicago Board of Trade Indlanapolla Board of Trade Associated New York Curb 203 Continental Bank Bldg. Tel.. Riley 5493 Riley 5494

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

Marriage Licenses Victor L. Holman, 44. Leavenworth, Kan., guard, and Dixie Lee Brumfield, 48, of 2030 Broadway, housekeeper. Lester M. Powell, 21. St. Petersburg, Fla., salesman, and Victoria Ann Stanfield, 18. of 744 North Haugh street, Fred Poor. 25. of 553 Belle Vieu place, laborer, and Pauline Pavoika. 21. of 579 North Belmont avenue, houseworker. Robert S. Thomas. 23, of 838 Broadwav, salesman, and Minnetta J. Dougherty, 21, of 1554 College avenue, stenographer. Calvin Le Roy Rhynearson, 22. of 2838 Bellefontaine street, color matcher, and Frances Elizabeth Arbuckle, 18, of 921 East Market street, clerk. Russell F. Pierson. 27, of 3777 North Meridian street, insurance representative, and Mary E. Bingham, 23. of 4429 North Illinois street, society editor. Kenneth Ray Earl. 21. of R. R. 3. Box 81, musician, and Vera Alberta Buser. 18. of 1439, South Lindley avenue, houseworker. F. C. Howe. 71. of Noblesville. retired, and Bessie Keys. 29. of 1519 North Illinois street, houseworker. Births Bov* Alfred and Margaret Volz. 399 Caven. Amos and Ruth Brown, 2230 English. John and Ethel Cordell, 1830 Montcalm. Walter and Effie Nash. 2215 Langley. Edgar and Dorothy Smith, Methodist hosnital. Elijah and Ruth Reeves, Methodist hospital. Russell and Ruth Vidito, Methodist hospital. William and Leona Somers, 331 North Lynn. Elmer and Dorothy Barnes, 2410 North Sherman drive. Girls Garnet and Gladys Ballard, 4417 East Thirtieth. Ferdinand and Freda Swenke. 1407 North Holmes. Lawrence and Dorville Wise. 1321 Comer. Glyndon and Margaret Burkhardt, Methodist hospital. Omer and Helen Fateley, Methodist hospital. Mvron and Pearl Moore, Methodist hospital. Victor and Dorothy Peterson, Methodist hospital. Deaths Harry W. McCallie, 56. 1821 Arrow, pulmonary tuberculosis. Delelia Jane Robbins, 59. 113 South Oriental, carcinoma. Frances E. Krause, 82, 3333 Graceland, apoplexy. Kate Ross Colborn, 93, 1555 Ashland, chronic myocarditis. Joseph F. Young, 71, 1805 Howard, chronic mvocarditis. Jentry T. Davis, 10. 928 Coffey, acute nephritis. Lillian Opal Walker. 30. 524 South Rybolt, pulmonarv tuberculosis. Leo Meehan. 35, 521 Dorman, acute cardiac dilatation. Nora L. Gavin, 51, 416 Goodiet, cerebral hemorrhage. Lisette J. Roesener, 77, 701 Terrace, arteriosclerosis. Charles Cook, 71, 523 East Market, chronic myocarditis. George A. Rushton, 70, 1314 Calhoun, carcinoma. John. B. Skaggs, 66. 2220 West McCarty. acute cardiac dilatation. Martha Thomas, 61, city hospital, lobar pneumonia. Mary Ives, 78, 2358 Kenwood, cerebral hemorrhage. Milton Mildred Russell. 39. 433 West Ohio, pulmonary tuberculosis.

The Pennsylvania Railroad Summary of annual report for 1951 The 85TH annual report of the Pennsylvania Railroad Company, covering opera* tions for the year 1931, will be formally presented to the stockholders at the annrtal meeting on April 12th, 1932. The report shows that although total operating revenues in 1931 declined over $122,000,000, or 21.5%, the Company earned a net income of $19,545,194. This was equivalent to 2.97% upon the outstanding capital stock at the close of the year as compared with 10.55% upon the amount outstanding at the close c£ 1930. Net income per share (par SSO) was $1.49 conqpared with $5.28 in 1930. OPERATING RESULTS mt Comparltan with m* Increase or IMcnng Total Opsiatoc Revenues were $448,090,279 D5i22,375,08t Total Operating Expenses were 351,865,931 D 74,317,150 Leaving Net Revenue of 95,214,348 D$ 48,057,831 Taxes amounted to 29,969,737 ' D 5,692^x9 Equipment, Joint Facility Rents, etc., amounted to 14,198,805 P 1.140,061 Leaving Net Railway Operating Income of $51,055,806 D 41,125,751 Income prom Investments and Other Sources amounted to 48,036,336 D 7,130.341 Making Gross Income of $ 99.09 a > 1 4 a D$ 48,356.092 Rental Paid Leased Lines, Interest on Funded Debt and Other Charges amounted to 79,546,948 I 908,53* Leaving Net Income (Equal to a.97 %of Capital Stock)... $ 19,545,194 D$ 49,164,624 Dividends of 6Vi% were paid to the stockholders, part of which was charged to Profit and Loss Account. * * # Notwithstanding extremely adverse business conditions prevailing during the year 1931, the results accomplished by the Pennsylvania Railroad, while not satisfactofy, were better than those attained by railroads generally and reflect credit upon the loyalty a&d fortitude of the officers and the employes. Continued co-operation of stockholders, bondholders and employes is again solicited in securing additional passenger and freight traffic for the Pennsylvana Railroad. W. W. ATTERBURY. Philadelphia, Pa., April 4th, 193 2 President The Pennsylvania Railroad Carries Mare Passengers, Hauls Mare Freight Than Any Other Railraad in America SHIP ANir'TRAVEL VIA PENNSYLVANIA Stockholder! may obtain topics of the Annual Report from J. Taney Willow, Secretary, Broad Street Station Building, Philadelphia, Pa.

1J V' Registered V. *. UJL Patent Office RIPLEY

Dow-Jones Summary

Sparks Withington Company reports for six months ended Dec. 31. 1931. net loss amounting to *472.657 after all charges and depreciation, this compares with net profit of $495,430 equal after dividend requirements on 3,637 shares of 6 per cent preferred stock to 54 cents a share on 901,011 no par shares of common in six months ended Dec. 31. 1930. Daily average production of crude oil United States in week ended April 2, totaled 2,158,705 barrels, a decrease of 116 barrels, according to Oil and Gas Journal. Canadian Pacific March gross amounted to $10,273,000 against $12,312,000 in March, 1931: three months totaled $28,115,000 against $34,678,000. New York cables opened in London at 3.75%, against 3.80%: Paris checks, 95.625; Amsterdam, 9.325; Italy, 73.00, and Berlin 15.875. Sugar melt of fourteen United States refiners from Jan. X to March 26 totaled 785,000 long tons, against 905,000 in like period of 1931; deliveries totaled 680,009 long tons, against 795,000 a year ago. Consolidated sales of the Safeway svstem for four weeks ended March 26. 1932 based on continuing stores are reported at 518.070.087. comparing with $18,130,501 in previous four weeks’ period ended Feb. 27 an increase of 2.45 per cent. Norfolk & Western Railway loaded 67 - 417. cars of revenue freight in March against 74,684 in March, 1931. National Electric Power Company in 1931 earned $1.86 a share on combined average class A and B common stock, against $3.71 in 1930. Pittsburgh United Corporation in 1931 earned 25 cents a common share. Tinkem Roller Bearing Company and subsidiaries in year ended Dec. 31. 1931 reported net profit of $2,571,241 after depreciation. feedral taxes, etc., against net profit of $7,524,122 in 1930. Winnipeg Electric in 1931 earned $5.25 a share on 7 per cent preferred stock, against 92 cents a common share after preferred dividends in 1930. West Coast Telephone Company and subsidiaries in year ended Dee. 31, 1931, showed net profit of *177,857, against $179,311 in 1930. National Automotive Fibres, Inc., in year ended Dec. 31. 1931, showed loss of *83,150 against net loss of *66,582 in 1930. RAW SUGAR PRICES —April 4 High. Lotv. Close. January 95 .94 .94 March 1.00 .99 .99 Mav 74 .71 .72 July 81 .78 .79 September 86 .84 .84 December 92 .90 .91

PAGE 11

WHEAT PRICES DROP ON WEAK j FOREIGN NEWS Profit-Taking a Factor in Early Slump; Corn Sells Down. BY HAROLD E. RAINVILLE United Tres* Staff Correspondent CHICAGO. April 5. Wheat j suffered a severe setback on the Board of Trade at the opening to- : day as a result of heavy selling and | profit-taking. The selling was oc- | casioned by the failure of Liverpool ; to reflect the upturn here Monday, duetto profit-taking and a check- ’ ing of the demand on the rise and the renewed weakness in stocks. Corn was off with wheat with May leading. Oats was dull and easy. At the opening wheat was •% to 1% cent lower, corn was M to cent lower and oats % cent lower. Provisions were weak. Liverpool was much lower than expected, and, while opening higher, was unchanged to 3 S cent up at mid-afternoon. The rather sensational crop news of the last two or three days has made for substantial gains in wheat prices. Corn is failing to fully participate in the strength in wheat. The market is being held back by the failure of an eastern shipping demand to develop to provide an outlet for stocks in store here. The j country is not offering freely at the prevailing prices. Oats has been showing a better tone than corn, responding more freely to the action in w r heat. A 1.130.000-bushel reduction in the visible supply Monday was surpris|ingly large.

Chicago Grain Range —Aoril 5 WHEAT— Prev. High. Low. 11:00 close. Msv 56% .56% .56% .57% Jill v .48% .58% .58*4 .59% September ... .61 .60*4 .60% .el’s CORN— Mav 35% .35** .35% .36% Julv 39% .38% .39 .39% September ... .41 .40" .40’* .41% OATSMav 24V* .24% Julv 34% Sentember 25% RYE— Mav 48% .47% .47% .48% Julv 48% .48% .48% .49 September .. .49% .48% .48% .49** LARD— May 4.45 4.52 Julv 4.65 4.60 4.62 4 67 September .. 4.80 4.77 477 4,8.6 October ... 4.85 By Times Special CHICAGO. April s.—Carlots—Wheat. 17: corn. 186; oats, 13: rye. 1, and barley, 13. By United Press TOLEDO. April 4.—Grain in elevators, transit hilling. Wheat—No. 2 red. 58%® 59%c. Corn —No. 2 yellow. 37©38c. Oats —No. 2 white, 28%®29%c. Rye—No. 2. 49 ®soc. Track prices. 28%c rate. Wheat—• No. 2 red. 53©53%c; No. 1 red lc premium: Nc. 3 red. % to 3 cents discount: No. 4 red. 3 to .6 cents discount. CornNo. 2 yellow. 32%<fi33c; No. 3 yellow, 31'% ©32c. Oats—No. 2 white. 25%®26c: No. 3 white. 24®25c. Clover—Prime. $8.75. Alsyke—Cash. $8.75. Butter—Fancy creamery prints. 25®26c. Eggs—Extras, 12c. Hay—Timothy—Per cwt.. 80 cents. By United Press CHICAGO, April 4.—Cash grain close: Wheat—No. 4 red. 55%c; No. 2 mixed. 55%C. Corn—No. 2 vellow. 33%®35%c: No. 3 ypllow, 32®34c; No. 4 yellow, 31%c; No. 6 yeilow. 31c: sour No. 3 white. 32%® 33%c; sample grade. 27©30c. Oats—No. 2 white, 25 ,, 4®26%c: No. 3 white. 33% ® I 24%c. Barley—42©6oc. Timothy s3® I 3.25. Clover—s9@l3.

No Axe to Grind This Company has "no securities for sale." Its function is to provide an open market for the sale and purchase of real estate bonds and stocks and other unlisted securities, and thereby determines their values under the law of supply and demand. This Company does not give advice regarding securities. But it does give information. It will gladly make its statistical files available to any investor, his banker or to his attorney. Write us for statistical Information or prices. Zaiser & Zaiser INCORPORATED Brokers Stocks and Bonds 19 Kant Market Street Riley 2167 Lincoln 9382