Indianapolis Times, Volume 43, Number 286, Indianapolis, Marion County, 8 April 1932 — Page 24
24
STOCK MARKET SELLS OFF ON WEAKMPPORT New Lows for Bear Move Are Made by Former ‘Blue Chips.’
Average Stock Prices
industrials for Thurs--24 i 2? 26 Average of twenty rails 2* 25 il 1 - Average of twenty utilities Off ii O<T 07 ‘ Average of forty bonds 75.07. BY ELMER C. WALZER United Pres, rinanelal Editor NEW YORK, April B.—Support •Rain was lacking in the stock market today and the list slipped into further new low ground for the bear market. Traders blamed the continued decline to liquidation of an important nature rgnd on several adverse "situations” overhanging the market. Weakness in public utility shares again was most prominent, Columbia Gas and Electric breaking 1U points to anew record low at 6’i, notwithstanding the fact that the regular dividend was paid last week. The preferred broke badly, selling off 10 points to anew record low at 40. Utility Issues Weak American Telephone broke several points to around its bear market low of 105% and Peoples Gas last 4% points to anew low at 62 l i. Smaller declines occurred in North American Consolidated Gas and Electric Power and Light. Utility shares broke badly on the Curb Exchange, Cities Service losing % point to 3Vi, and Electric Bond and Share 1% points to 97i. Severe breaks also occurred in many railroad issues. Pere Marquette, Chesapeake & Ohio subsidiary, lost 51-t points to 5Vi; Chesapeake & Ohio lost nearly a point to anew record low at 14%, and Chesapeake Corporation, C. & C.’s largest stockholder, broke more than a point to anew low at B'/i. New York Central violated its previous low, selling at anew bottom at 21. Oils Meet Support Kreuger Issues approached the aero mark, International Match preferred selling at $1 a share on a flood of offerings and Kreuger & Toll equaling its low of 37% cents a share. Some of the former “blue chip” Industrials like General Motors, United States Steel, Union Carbide, American Can and Du Pont broke to new bear market lows, General Motors at one time selling at 12’ 2 , n, hlch increased traders’ fears over maintenance of the current $2 dividend. Du Pont, holding 9.000,000 shares of General Motors, was especially weak, selling below 40 for the first t : me. Petroleum shares, while lower, did not participate to a large extent in the decline in other sections of the list, leaders meeting support at only small concessions.
Bank Clearings
INDIANAPOLIS STATEMENT —April 8— Clearing $1,604,000.00 Eebits 4,385.000.00 TREASURY STATEMENT —April 8— Net. balance for April 6 *579,159,209 22 Expenditures 16.103,099.76 Customs rects. mo. to date. 4,094,829.11
New York Curb Prices
(By Thomson <fc McKinnoni —April 8— „ 11-001 11:00. Alum Cos of Am 30 ,Oulf Oil 3H, Am Cyanamld.. 3 Hudson Bav ... 1% Am Gas &; Elec 21V* Insull Ut % Am Lt & Trac 13% Int Pet 8% Am Sup Pwr... 1% Mead Johnson 50 Ark Gas A 1% Midwest Util .. % Ass Gas & Elec 2 Nat Aviation ... 3>/ Braz Pwr Ac Lt 8% Newmont Min.. 9 Can Marc % Nat Bond & S 19% Cent Sts Elec.. 1 Nia Hud Pwr.. 4% Cities Service.. 3% Penroad 2 Cons Gas of B 53 St Regis Paper 2% Comm Edison.. 72 Sait Creek 3% Cord 3 ISo Penn Oil ... IPs Elec Bond Ac Sh 10 IStd of Ind ... 13% Elec Pwr Assn 4 Un Gas A 1% Gen Aviation.. 3'ilUn Lt Ac Pwr... 2% Ford of Can... 9%|Ut Pwr % Ford of Eng .. 3% Un Fndrs 1 Goldman Sachs 2 I
New York Bank Stocks
(Bv Thomson & McKinnon) —April 7 Bid. Ask. Bankers 51 53 Brooklyn Trust 180 195 Central Hanover 124 128 Chase National 29% 31% Chemical 31% 33% City National 37 39 Corn Exchange 50 53 Commercial 125 133 Continental 13% 15% Empire 23 25 First National 1.440 1,540 Guaranty 249 254 Irving 12% 18% Manhattan & Cos 24% 26'., Manufacturers 27% 29% New York Trust 80 83 Public 21' a 23'j Chicago Stocks Opening ißv James T. Hamill A- Co.i —April 8— Ass Tel Util ... 2%;lnsull com % Bendix Avia ... 7% In.sull 6’s ’40... 2% Bora Warner... 7 iLib McNeil prod 2% Cent So Wst... % Middle West... % Cities Serv 4 ;Nat'l Std 13', Cord Corn .... 3. Swift. Inti 20% Comm Edison .. 73 7 , New York Liberty Bonds —April 7 Liberty 3%5. ’47 100.5 Liberty Ist 4%5. ’47 100.18 Liberty 4th 4%5. 38 101.4 Treasury 4*48, ’52 103.20 Treasury 4s '54 100.30 Treasury 3s. ’55 90.20 Treasury 3%s ’56 97.30 Treasury 3%s ’47 95. Treasury 3%5, ’43 March 95 25 Treasury 3%5. ’43 June 95 24 Treasury 3%5. ’49 92. Radio Forum Launches Frogram By United Press NEW YORK, April B.—The first program of the International Radio Forum, a newly-formed organisation to foster better international understanding, will be heard over a nation-wide network of the National Broadcasting Company at 4 p. m, Sunday, on a trans-Atlantic pickup from Paris.
James T. Hamill & Company Private Wire* to AII Leading Markets Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indlanapollt Board of Trade Associated New Yerk Curb 203 Continental Bank Bldg. Tel.. Hllcv *493—Riley MM
New York Stocks 'By Thomson A McKinnon) “
Railroads— „ ~ M Prev. Hleh Low. 11.00 close Atchison MV* Sl'a S3 58 Atl Coast Line • 17% Bslt A 0hi0... , 10% 9% 9% % Clem A 0hi0... 15% 14% 15 15% Chess Coro 9 8% *% 8% Can Pac 18 13 13 12 Chi Ort West J% Chi N West 514 5% CRI A P Del L O W.... 13 11 11 13V* Del A Hudson 57 Erie 4% Orest Northern 10% 10Illinois Central. 11 10% 10% 10% Kan Citv 8o 3 Lou At Nash 14 IS M K A T 3% 3 4 Mo Pacific ..... ... .... 3% 3% Mo Pacific Dfd.. 7% 7% 7% 7% N Y Central... 33'/a 21 2114 23 Nickel Plate 4 NYN H & H.. 1% 18 1 16% Nor Pacific 10% 10% 10% 10'* Norfolk At Wrst 93% 90% 90% 91% O At W 5% 5% Pennsylvania .... 13% 13% 13% 14 Reading ... ... ]♦ ••• So Pacific 15% 14% 15 1514 Southern Ry *% St Paul 1% ! St Paul pfd 2 -2% St L At S F 2% 2 2% 2 Union Pacific... 59 58% 58’* 60% Wabash 1% ... W Maryland 3% 3’* Equipments— Am Car At Fdy 4% 4% Am Locomotive 5% , Am Steel Fd • • 5 Gen Am Tank.. 21 18 19 22 General Elec 15% 15 15 15% Gen Ry Signal.. 14% 13% 13% 13% Lima Loco 10 N Y Airbrake ..... ... Pullman 16% 1584 15% 16 Westingh Ar B . .. .... 10 10 Westingh Elec... 23% 22% 227s 23% Rubbers— Firestone 12% 12 Fisk , ' Goodrich J 3 Goodyear 9 a* 9'a 9% 9% Kelly Sprgfld 1 * U S Rubber 3 Motors— ... .... Auburn 56'* 52% 52% 56 * Chrysler 9% 9% J'4 9% General Motors,. 13% 127* 127s 137* Graham-Paige }% 1% Hudson 4% KE::::::::::::: ::: ::: “.Vh" >n .iii. • • n;i Packard 27* 27s 2'* 2% Pierce-Arrow ..... ... .. ■ 3 Peerless 37a 3% 3% ... Reo l*s Studebaker ...... ... ... 6% White Mot 9 Yellow Truck 2% 27* Motor Access— Am Bosch 5% Bendix Aviation. 7% 7% 7% 7% Borg Warner 6% Briggs 7% 7% 7% 7% Budd Wheel 17a Campbell Wy 47a Eaton ... ... 4% El Auto Lite 17% 16% 17 177., El Storage B 21 20% 2074 22 Houda 27 a 2% Motor Wheel 37* Murray Body ... 6% 57* 5% 6% Sparks W 17s Stewart Warner 33 Timkin Roll ...14 74 14% 14% 15 Mining— Arn Metals 2% Am Smelt 8% 8 8 8 Am Zinc 2 Anaconda Cop .. 57s 4% 5 5 Alaska .Jun 147% 147* 14% 15 Cal Ac Hecla 27* 2% Cerro de Pasco.. 6 5% 6 674 Dome Mines 9 Freeport Texas.. 1474 14 14 147* Granby Corp 3% 3% Great Nor Ore 8% Howe Sound 774 7% Int Nickel 674 6% 674 6% Inspiration 2 Isl Crk Coal 107'a Kennecott Cop 674 3 6 6 Magma Cop ... 47* 4 3 /* Miami Copper Nev Cons 2% 27s Noranda 1574 15 74 1 5% 1474 Texas Gulf Sul.. 18% 17% 18>/a 18>/4 U S Smelt 13 74 13% Oils— Amerada 12% 1274 Atl Refining 974 9% 9% 9% Barnsdall .. i ... ... 4 Houston 3 74 3 74 374 374 Mex Sbd 8 Mid Conti 474 5 Ohio Oil 674 6% 674 674 Phillips 5 474 47* 4% Prairie Pipe ... ... 77s Pr Oil At Gas 374 Pure Oil 4 Shell Un 274 274 Cons Oil 57* 5 5 574 Stand of Cal ... 21% 21 7* 2174 22% Stand of N J ... 26% 26'* 26% 267* Soc Cac 9 8% 87* 8% Texas Cos 1174 11 11 1174 Union Oil 774 Steels— Am Roll Mills .. 774 774 774 ... Bethlehem 147* 13% 13% 14% Byers A M 9% 9% 9% 9% Cruc Steel 13 Inland 157i McKeesport Tin 417* Midland 27* 3 Newton Repub I & 8.... 3 37a U S Steel 35 74 3 4'* 34'4 357* Vanadium 8% 87a 8% 8% Tobaccos— Am Sumatra 3% 3% Am To (A) new 70 Am To (B) new. 72% 717* 71% 7374 Lig At Mvers 8.. 527* 49 49 49% Lorillard 13% 13 1374 137* Reynolds Tob .. 3374 3274 33 337a Utilities— Abitlbi 174 Adams Exp 374 3'/2 Am For Pwr.... 274 274 27a 274 Am Pwr At Li 674 674 6 % 674 A T At T 10774 106 1067a 108% Col Gas At E 1.... 77* 6% 6% 774 Com At Sou 272 27* 2% 274 Cons Gas 52 51 1 5174 52% El Pwr At Li 674 5% 6 6'/* Gen Gas fA) 17* 174 Inti T Ac T 574 5 57* 574 Lou Gas At E).... 15 74 1 5 1 574 1 574 Natl Pwr At LI.. 9 8% 874 8% No Amer Cos 26'4 24 % 2 5 27 74 Pac Gas At El 26 25 25% 26V* Pub Serv N J... 4274 40*4 4174 427* Std G At El 157* 157* 15% 15% United Corp .... 5% 5 5% 5% Un Gas Imp 1674 1574 1574 16% Ut Pwr At L A 33 West Union .... 32% 32 32 32 Shipping— Am Inti Corp.. 4 3 * 4% 474 4% Inti Mer M pfd 2 United Fruit 20 74 20 74 Foods— Am Sugar 16 1574 16 16 Armour (At 174 1 Cal Pkg 7% Can Dry ... 7*4 674 Coca Cola 105 104'* 10474 1067* Cont Baking A 374 Corn Prod ... 35% 3674 Cm Wheat 20 Cudajty Pkg 30% 30V4 Cuban Am Sug 1 Gen Foods 3474 Grand Union ... 6‘* 6 6 674 Hershev 697a 69 69 69 Jewel Tea ... ... 26 Kroger ... ... 1274 Nat, Biscuit 32 317a 31% 32% Natl Dntrv 24 Purity Bale 87* Pillsbury ... ... 167* Safeway St .... 45% 4274 4374 4574 Std Brands 10% 10% 107, io% Ward Bkg 6 574 574 17a Drugs— Coty Inc 2 27* Drug Inc 43% 41% 41% 4474 Lambert Cos 42 Lehn At Fink 17 Industrials— Am Radiator ... 4% 4% 4% 4% Bush Term 17% 16% 16% 17 Certainteed 2 2 Gen Asphalt ... ... 9 Lehigh Port 4 Otis Elev 13 12% 12*4 13 Indus Chems— Air Red 45% 447* 45% 46 Allied Chem .... 68% 66% 66% 69% Com Solv 6% 57* 6 67, Dupont 40% 40% 40% 41% Union Cavb ... 237, 22-% 23 24 U S Ind Alco 22% 22% 22% 22% Retail Stores— Assoc Dry Gds 3% 4 Kresge S S .... 10 9% 9% 9% May D Store 137* 13% Mont Ward . .. 7% 7 7 7 1 * j Penny J C . ... 29% 28% 28% 29% ' Schulte Ret St 2 Spars Roe 22% 21 s , 2!% 23% Woolworth ... 37 s , 36% 36% 38 Amusements— Croslev Radit 2% Eastman Kod... 65 64% 64% 667, Fox Film A 2% Grigsby Gru % % Loews Inc 22 20% 21% 22% Param Fam ... 5 s * 5% 5% 5% Radio Corp .... s'* 5% 5% 5% R K O 3 374 Warner Bros 1% 1% Miscellaneous—- , City Ice At Fu 24 Congoleum 8% B s , ! Proc Ac Gam... 26% 25% 25% 26%
Net Changes
By United Press NEW YORK, April 7.—Closing prices and net changes on representative issues on the New York Stock Exchange today: Up. Off. Allied Chem 69 1% ... American Can 53', ... 2*4 American Tel & Tel 108% 1% ... Auburn Auto 56', 1% ... Beth Steel 14% ... 1 Case J I 28% % ... Chrysler 9% ... U Consolidated Gas 52% Du Pont 41% % ... Gen Electric 15% ... % Gen Motors 13% ... % Int Tel & Tel 1... 5% *,* ... Krueger S: Tol % ... Lorillard 13% % ... National Power 8% % ... New York Central 22 % ... North American 27% % ... Radio 5% ••• % Sears Roebuck 23% ... % Standard Oil N J 26’, >. ... Soconv-Vacuum 8% ... % United Corp 5% % U S Steel 35% ’ ... Vanadium 8% ... % Westinghouse Elec 23', % ... Woolworth 38 % ...
Zaiser & Zaiser Incorporated Broker* Stocks and Bonds 129 E. Market Lincoln ill* Lincoln til*
Alii* Chal ..... 9% 97, 974 97* Am Can 52% so% 51 53% J I Case 28% 27% 27% 28% Cont Can 31 30% 30% 31 Curtiss Wr .... it* 1 17* 1 Gillette S R 17% 17% 17% 17% Gold Dust 14 14 s * Int Harv 17% Int Bus M .... 89 88% 88% 90 Real Silk 2% 2% Un Acft 10% 10% 10% 107 2
Investment Trust Shares
(Bv Gibson At Bernard' PRICES ARE TO 18 NOON C. S. T. —April 8— Bid. Ask. Am Founders Coro com % 7, Am A Gen Sec A 6 11 Am Inv Tr shares 174 ... Basic Industry shares 1% ... Collateral Trustee shares A... 3% 3% Cumulative Trust shares 2% 3% Diversified Trustee shares A... 5% ... Fixed Trust Oil shares 2 Fixed Trust shares A 674 . Fundamental Trust shares A... 2% 3% Fundamental Trust shares B . 3% 37* Leaders of Industry A 2% ... Low Priced shares 2'* ... Mass Inv Trust Sh 137* 157* Nation Wide Securities 2% 2* Selected American shares I 7 * 2 Selected Cumulative shares... 4 s * 5% Selected Income shares 2% 3% Shawmut Bank Inv Trust ... 2% 3% Std Am Trust shares 2 s * 3 Super Corp of Am Trust shares 2% 3 Trustee Btd Oil A 3 ... Trustee Std Oil B 33% U S Elec Light A Power A.. 1474 16% Universal Trust shares 274 274
Produce Markets
Delivered In Indianapolis prices: Hens, heavy breeds. 14c: Leghorn hens. 11c: Broilers, colored springers. 174 pounds ud 18c; Leghorn and black. 1% pounds up. 15c: bareback and partly feathered. 10c. Cocks and stags. 7c: Leghorn cocks. sc. Ducks, large white full feathered and fat. 12c; small. 6c. Geese lul feathered and fat. 7c. Young and old guineas. 15c. Eggs— No. 1. current receipts. 9c. Butter. 26 to 27c: undergrades. 24 to 25c. Butterfat. 22c. These prices for healthv stock free from feed bv the Wadlev Company. Bn T nitrd Press NEW YORK. April B.—Potatoes—Market, firm; Long Island. s2® 2.25 per barrel; state, $1.50411.60 per barrel; southern, $3.25®6 per barrel; Idaho, [email protected] per sack: Bermuda. *B4} 12 per barrel; Maine, *147.2.15 per barrel: Canada, *1.35412.40 per barrel. Sweet potatoes—Market, steady; Jersey baskets, 30c® $1.35: southern baskets, 25®75c. Flour—Market, steady; spring patents, $4.30®4.50. Pork—Market, firm: mess, sl7. Lard—Market, dull; middle west spot, $4.75474.85 per 100 pounds. Tallow—Market, quiet: special to extra. 2%4; 2%c. Dressed poultry—Market, irregular; turkeys, 15®30c; chickens, 15@27c; fowls. 104i22c; broilers, 15@32c; capons, 184/ 34c; ducks. 12@16c; Long Island ducks, 1647 17c. Live poultry—Market, strong; geese, 10®15c; ducks. ll®16c; fowls, 15® 25c; turkeys. 20®40c; roosters, 10®llc; chickens, 14®28c; broilers, 20c; capons, 154} 30c. Cheese—Market, quiet; state whole milk fancy to specials, ll@18c; Young America. 12®13c. Bn United Press CHICAGO. April B.—Eggs Market, steady; receipts. 18.829 cases; extra firsts 127 / *4};l3c; firsts. 124})12%c; current receipts. ll@ll%c; seconds 1074 c. Butter— Market, steady; receipts. 9.529 tubs; extras 18%c: extra firsts, 17%®18c; firsts, 1674® 17c; second 16c; standards. 1874 c. Poultry —Market, firm; receipts, 1 car; fowls, 17 ®18c; Leghorns. 14c; duckg, 18® 21c; geese 12c; turkeys. 15®23c; roosters, 8c; broilers, 23@25c; Leghorn broilers, 20c; stags, 12c. Cheese—Twins, ll®llV4c; young Americas, 12T4@12c. Potatoes—On track, 205; arrivals, 47; shipments, 844; market, steady to firm; Wisconsin round whites, 80® 87 74c; Idaho Russets, [email protected]; Minnesota and North Dakota Red River Ohios, $1.15; Texas Triumphs, $3,[email protected]. By United Press CLEVELAND. April B.—Butter—Market, steady; extras. 2274 c; standards, 2 2 74c. Eggs—Market, steady: extra firsts. 1274 c; current receipts. 12c. Poultry—Market, strong; heavy fowls. 17@18c; medium, 18 ®l9c; Leghorn, 14@15c; heavy broilers, 23®24c; Leghorn broilers, 18@20c; ducks, 16@17c; old cocks, ll®12c: geese, 124214 c; stags, 12® 14c; capons. 23c. Potatoes— Ohio and New York, 50@55c per bushel; Maine Green Mountain, $1,154/1.25 per 100-lb. sack; Idaho Russet large sized, *[email protected]; medium to large $1.65 per 100 lb. sack.
Indianapolis Livestock * Review
For Week Ending Thursday. April 7. By U. S. Dept, of Agriculture. —CATTLE— The drastic downward revision of cattle prices effected last week apparentlv places values on a level more satisfactory to the trade as a whole. Supplies around the circuit were not materially changed but local offerings fell a little short of#Jast week, with better dailv distribution ana Tuesday as usual the big day. In general the trade was a steady affair with a few slight changes from dav to day. usually in favor of the selling side. Closing transactions JOstify the assumption that most steers selling above $7.00 have gained 15 to 25c. Common and medium killers changed little if any. Bettci grade cows and some heifers scored a slight gain, but hardly enough to warrant a revision of auotations. Bulk of the steer run consisted of medium weights and heavies to sell from $5.50 to $7. the weight range generally from 1,150 to 1,350 pounds. Among the outstanding sales cf the week were two loads averaging 1,446 pounds at $7.75. a load scaling 1,333 at $7.50, and several loads of medium weights at $7.25 and $7.35. Lightweights were relatively scarce and cashed generally from $4.50 to $6.50 with common killers around $4.25 and less. The heifer market lacked the usual sensational price changes, but there was a little hardening of values and some sales after mid-week were strong to 25 cents higher. Good and choice lightwieghts, and some that were not exactly light, cashed generally from $5 to $5.75, several at $6. few $6.35, with a top of $6.40, excepting odd head near calf weights at $6.50. Fat cows lost nothing and probably made a slight gain in a price way. However. bulk prices held at $3 to $4, out sales at $4.25 and $4.50 were more frequent than last week. Low cutters and cutters bulked from $1.50 to $2.75, with only a few under $1.75. Vealer prices were rather constant around the $5.50 and $6 level throughout the week with no daily changes of more than 50 cents. For the period, good and choice, light and handyweights cashed from $5 to *6, mediums $3.50 to $4.50, common $2 to $3. —HOGS— Without affecting the average cost to any considerable extent, light hogs and heavies moved a little farther apart. Lights had the best call, especially on shipper account, and heavies took a little punishment. Compared with a week ago, lights closed a nickel higher while extreme heavies lost 15 cents. All of this means little except to indicate that no positive price improvement developed. Supplies in the aggregate held rather closely to last week's volume and daily price changes, even slight, were attributed to almost every imaginable condition, both real and otherwise. For the week, all weights bulked from $3.75 to $4.35. excepting Friday and Saturday when choice lights cashed at $4.40 and $4.50. Underweights cleared from $4 to $4.35. mostly $4 to $4.15. with packing sows in a spread of $3 to *3.75. Thursday's prices follow: 160 to 225 pounds. $4.25 to $4.35: 225 to 250 pounds. *4.15 to $4.20; 250 to 300 pounds. $3.95 to $4.05; 300 up. *3.75 to *3.85: 100 to 160 pounds. *4 to $4.15: packing sows. $3 to $3.65. —SHEEP— As usual at this season of the year sheep house supplies are made up of a rather motif" assortment of all descriptions. including wooled westerns, some natives, several clippers, to say nothing of those “jackpot'’ consignments sent in to clean out the feedlot.. The price level on good and choice westerns and clippers moved up 25 to 5# cents, but the same could not be said of lower grades. With the exception of a small lot at $7.75. the week's top for fed westerns rested at $7.50. bulk $7 to $7.50. Natives sold up to *7. but not often, usually $6.25 to $6.50 and sometimes *6.75. Clippers started the week at $6 to $6.25. but soon reached $6.50 and Thursday a large consignment cashed at $6.75. Most buvers apparently are more interested in finish than weight and some weighty, but highly finished lambs went over this week around top prices. Spring lambs were not offered in sufficient numbers to establish quotations, but in the i opinion of some operators are salable i around $8.50 or nearly so. Ewes sold up to S4 and sometimes slightly above, bulk i $2 to $3.50. culls down to $1.50 and less. Other Livestock By United Press BUFFALO. April 8. —Hogs—On sale, 2.400; dependable trade to packers; largely steady; good sales slightly lower; better grades. 160-210 lbs., $4.75; some held, *4.85; plainer kinds, $4.50; 225-240 lbs, *4.45®4.65; pigs and underweights, *4.25® 4.50. Cattle—Receipts, lou; cows predominating; steady; cutter grades, *[email protected]: calves, receipts. 450: vealers. fairly active: steady: good to choice, $6.50®7; common and medium, $4415.50. Sheep—Receipts, 1.300: lambs, active, steady; good to choice woolskins. $7.50 to mostly $7.75: 112-ib. weights. $7: mixed offerings, $7.25: common and medium. s6*l7; good clippers, $6.50; others held upward to *7. By United Press CLEVELAND, April B.—Hogs—Receipts, 700; holdovers, none; steady to 5c lower; 150-230 lbs., *4.60: 240-300 lbs., *4.25®4.40; carrying a mixture at outside; pigs. $4; light lights quoted $4.25. Cattle—Receipts, 50: few steers active and higher; but forced by scarcity; load at *5.50: grade common: package. *5.90; calves, receipts, 150; desirable vealers, 50c higher. *7© 7.50; many lower grades. *1 or more over mid-week: cull to medium around *4.50© 6. Sheep—Receipts, 500: steady to strong; scattered good to choice shorn lambs, *6.so*} 7; common to mbum throwouts, *4®5.50, bulk. *5 down, k,
THE INDIANAPOLIS TIMES
HOGS EVEN TO 5 GENTS DOWN AT CITYYARDS All Cattle Classes Active and Fully Steady; Sheep Dull. Hogs showed a slight reaction from Thursday's prices this morning at the Union Stock Yards, today’s figures being 5 cents down on several classes. The bulk, 100 to 350 pounds, sold for $3.80 to $4.30, early top holding at $4.30. Receipts were estimated at 7,500; holdovers were 73. All classes were active and fully steady in the cattle market. Receipts numbered 400. Vealers were 50 cents higher at $6.50 down. Calf receipts were 500. Trade in lambs, as usual, was undeveloped. Talk was steady. Receipts were 11,000. Chicago hog market was mostly steady to 5 cents higher today than Tuesday’s average, with majority of interest in lightweights. The bulk, 150 to 200 pounds sold at $4.30 to $4.40, while 170 pounders were bid $4.45; heavier weights scaling 220 to 230 pounds sold at $4.20 to $4.30. Receipts 15,000, including 3.000 direct; holdovers 6.000. Cattle receipts, 2.000: calves, 1.000; market steady. Sheep receipts numbered 10,000; market strc.ig. HOGS April. Bulk. Early Top. Receipts. 1. *4.50® 4.40 *4.50 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 6. 3.85® 4.30 4.30 3,500 7. 3 85® 4.35 4.35 4.500 8. 3.80® 4.30 4.30 7,500 Reecipts, 7,500; market, higher. (140-160) Good and choice...* 4.10® 4.15 —Light Lights—-(l6o-180) Good and choice ... 4.30 —Light Weights—-(lßo-2001 Good and choice ... 4.30 (200-220) Medium and g00d... 4.20 —Medium Weights—-(22o-250) Good and choice ... 4 10® 4.20 (250-290) Medium and g00d... 3.90® 4.00 —Heavy Weights—-(29o-350) Good and choice... 3.80® 3.90 —Packing Sows—-(3so-500) Medium and g00d... 3.00® 3.65 (100-130) Slaughter pigs 4.00® 4.05 CATTLE Receipt*, 100; market, steady. Good and choice * 5.75® 7.50 Common and medium 3.25® 5.25 (1,100-1,800) Good and choice 5.75® 7.50 Common and medium 4.25® 5.75 —Heifers— Good and choice 5.00® 6.25 Common 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 Reecipts, 500; market, higher. —Vealers— Good and choice * 6.00® 6.50 Medium 4.00® 6.00 Cull and common 2.50® 4.00 —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® %50 (600-1,500) Good and choice 4.50®6.75 Common 'and Medium 3.50® 4.50 SHEEP AND LAMBS Receipts. 1,000; market, steady. Good and choice ...* 7.00® 7.75 Spring lambs 5.00® 8.50 Common and medium 4.50® 7.00 Ewes, medium and choice .... 2.75® 4.00 Cull and common 1.25® 2.75
Other Livestock By United Press CHICAGO, April 8. — Hogs—Receipts 15,000, including 3,000 direct; steady to 10c higher, advance on lighter weights; 150-210 lbs., $4.35®4.45: top, 04.50; 220250 lbs., $4.10® 4.35; 260-360 lbs., $3.60® 4.10; pigs, [email protected]; packing sows, $3.10@ 3.40; light lights. 140.160 lbs., good and choice, $4.30®>4.50; light weight 160.200 lbs., good and choice, [email protected] medium weights, *2OO-250 lbs., good and choice, $4.(§@4.45; heavy weights, 250-350 lbs., goou and choice, $3.60®4.15; packing sows, 275-500 lbs., medium and good. $3.10@ 3.50; salughter pigs 100 to 130 lbs., good and choice, $3.85<7/>4.35. Cattle—Receipts, 2,000; calves, 1,000; common and medium Rrade steers predominating; market active and firm to higher, most sales ruling 10@15c up; no choice offerings here, bulk selling at $6.50 downward; top steers $6.90 but choice light heifers and mixed yearlings sold at $7.10; all light yearlings and she stock ruling firm; slaughter cattle and vealers; steers 600-900 lbs., good and choice. [email protected]; 900-1,100 lbs., good and choice, $6.75®8.50; 1,100-1,300 lbs., good and choice, $7©8.50; 1,300.1,500 lbs., good and choice, [email protected]; 600-1,300 lbs., common and medium, *4.75@7‘ heifers, 550-850 lbs., good and choice, [email protected]; common and medium, [email protected]; cows good and choice, $3.50@5; common and medium, $2.75®)3.50; low cutr and cutter, $1.75® 3; bulls yearlings excluded good and choice beef, $3.25®4.25; cutter to medium. [email protected]; vealers milk fed, good and choice, $4.50®i6.25; medium, [email protected]: cull and common, $2®3.50; stocker and feeder cattle; steers 500-lj>so lbs., good and choice. [email protected]; common and medium, $3.75®}5.25. Sheep—Receipts, 10,000; steady with Thursday’s average or stranger than the close: good and choice wooled lambs, $6.50@7 to packers; closely sorted kinds held at $7.25®7.50; slaughter sheep and lambs; lambs 90 lbs. down, good and choice, [email protected]; medium, [email protected]; 91-100 lbs., medium to choice, $5.50©7.J5: al weights common, *4.50®5.75; ewes, 90-150 lbs., medium to choice, $3©4.50; all weights cull and common, [email protected]: feeding lambs, 50-75 lbs., good and choice, $5.75®6.25, By United Press CINCINNATI, 0., April B.—Hogs—Receipts, 3,800 including 630 direct held over 300; generally 10c low£t; spots off more, considering sorts; better grade 160 to 230 lhs., *4.25®4.40; mostly $4.40 on around 210 lbs. down; 230 to 2 6 0 lbs., *3 90® 4.25; some 290 lbs.. $3.75; 120 to 150 lbs. about steady at $3.90®4; sows unchanged mostly $3 a few $3.25. Cattle—Receipts. 500; calves. 250; beef cows strong to 25c higher: others unchanged, supplv' light: odd lots common and medium steers and heifers. $4.50®5.75; more desirable heifers. 56®„6.25; beef cows. $3.25®4; some $4 25 low cutters and cutters, *1.75®3; bulls 53.75 down; vealers 50c to *1 higher, after a steady opening good and choice, s7® 7.50: a few sales. *6®6.50; lower grades mostly st, down. Sheep—Receipts. 2.500 including 1,550 direct; generally steady better wooled lambs quotable 57®7.50: corm.ion and medium, [email protected]; some medium to good clipped. s6® 6.50; springers, s7®ll: few *11.50; sheep. *3.50 down. By Times Special LOUISVILLE, April B.—Hogs—Receipts. 500; 10c lower; 175-235 lbs., $4.10: 240-295 lbs.. *3.80; 300 lbs. up, $3.20; 175 lbs. down, $3.30; packing sows. *2.20®2.95: stags, *1.95. Cattle—Receipts. 150; steady; bulk slaughter steers and heifers, $4.50®5.85: slaughter cows. *3.50 down; bulls, $3.25 down; light Stockers. $5.25 down; calves, receipts, 150; 50c higher: best vealers. ss 'if 5.50; lower grades *4 down. Sheep and lambs —Receipts, 100: steady: old crop lambs, scarce; fat lambs, quoted $6 50 down; good and choice springers, s9@lo. Thursday's shipments—Cattle, 33. By United Press EAST ST. LOUIS. April B.—Hogs Receipts, 8,500; market. 5® 10c lower; top, *4.30. bulk. 140-225 lbs.. $4.10®4.25; 225250 lbs.. *3.90®4.10: 250-300 lbs., *3.75© 3.90; 100-130 lbs.. $3.75:54.10: sows largely *3®3.75. Cattle —Receipts, 900; calves, re- ! ceipts. 600; market. 50c higher on vealers at $6.75; other classes generally steadv; five cars medium weight steers in good flesh, $6.50; a few other steer sales, *5.40 ©6: mixed veariings and heifers, *4.50®; 5.75; cows. [email protected]: low cutters, *1.50@2; top sausage bulls. $3. Sheep—Receipts. 1.000; market, not established: packers | talking unevenly lower: few wooled lambs to city butchers, *7; desirable spring I lambs. $9®9.50. I By United Press LAFAYETTE. April B—Hogs—Market, j steadv to 10c lower; 160-200 lbs.. $4.05 : 200- ! 225 lbs.. $3.95: 225-250 lbs.. *3.85; 250-275 lbs.. *3.75; 275-300 lbs.. $3.65: 300-325 lbs.. ! 53.55: 140-160 lbs.. *3.80: 120-140 lbs.. *3.65; ■ 100-120 lbs.. $3.50: roughs. *3.25 down; top i calves. $5.50: top lambs, *6. / | By United Press ' j FT. WAYNE. April B.—Hogs—Market. 15c lower; pigs and light lights. *3.75® 4; I lights. $4©4.15; mediums. $3.90®4; heavies, i *3.75®3.90: roughs. $2.50©3: stags. *2; calves, *5.50® 6; lambs, $6©6.50. By United Press TOLEDO. April B.—Hogs—Receipts. 150: market steadv to 10c lower. Tod. *4.25® 4.35. Mixed. *4©4.35. Bulk. *4©4.25. Pigs. $3.75. Lights. $3.75. Roughs. *3® 3.25. Cattle Receipt*. 100. market steadv. Calves—Receipts light. Market 50c higher. Choice to extra. *6.50© 7: fair to good. $5.50© 6. Sheep and lambs—Receipts, light. Market steady.
BELIEVE IT or NOT
...j...... '' 15 THE ONLY WALLED C(Ty 'on the American Continent . ~1, i -Holll/talood, CaM miljlff v .ROVALL w. HG&' ~N HIS first PRo Q AtAE Hollywood Published a Book that was/V£V£ written/ Hit THE First Pitched ball I I LobAhgci HE SET IT IN TVPE AS HE COMPOSED IT FOR A HON\E RON _ jl 193 ° -Richmond, V&„ im -
Bright Spots of Business
By United Press NEW YORK, April B—Production schedules of the Budd Wheel Company will be stepped up in April and May to meet increased demand from automobile manufactures, it was announced. DETROlT—Sentiment in the automobile industry was cheered as Ford reported orders for 300,000 new models. TOLEDO —Electric Auto Lite Company received an order for several carloads of clocks and many workers were recalled in the clock division. EAST PITTSBURGH. Pa.—Westinghouse Electric, and Manufacturing Company received a *1.290.860 order for power equipment for the new Brooklyn <N. Y.) subway.
In the Cotton Markets
(By Thomson A: McKinnon) NEW YORK, April 7.—There was general selling in the cotton market this i morning. Much of it was attributed to the far east. Prices at noon were 7 points lower and most positions were about the low price of the season. The weather in the south continues favorable. Advices from south continue to show that acreage will not show the decline expected sooner in the year. . Loans from the government account for it. Much attention is centered on the farm board in Washington. Although none would contend that cotton can be raised at these prices, it is equally clear that the public is not inclined to invest in cotton so early in the season. It will take a better appreciation of how difficult it is to raise cotton without fertilization to supply buying power. We expect this to develop later on. —April 7 CHICAGO High. Low. Close. January 6.70 May 6.15 6.08 6.11 July 6.34 6.23 6.29 October 6.56 6.44 6.51 December 6.69 6.61 6.64 NEW YORK High. Low. Close. January 6.67 6.64 6.67 March 6.83 6.77 2.82 May 6.04 5.92 5.96 July 6.22 6.11 6.16 October 6.45 6.35 6.41 December 6.60 6.51 6.57 DEPRESSION CURES OF 1885 COME TO LIGHT Abolition of Senate, Taxes. Navy Was Advocated. Old Tome Reveals. By United Press WASHINGTON, April B.—Business leaders half a century ago apparently surpassed those of today in imagination and ingenuity when it came to thinking up remedies for a depression. When they had business troubles back in 1885, suggested remedies ran strongly toward economizing by abolishing things. Various persons at congressional hearings proposed elimination of: The senate, taxes, the navy, the West Point and Annapolis academies and savings banks. These depression “cures” and five pages of others were faithfully recorded by Labor Commissioner Carroll D. Wright in his first annual report to the secretary of interior in 1886, a yellowed tome now stowed away in the files of the labor department. MURRAY CHARGE DENIED Roosevelt Not Spending $50,000 in Nebraska, Spokesman Insists. By United Press NEW YORK, April B.—James A. Farley, in charge of Governor Franklin D. Roosevelt’s campaign for the Democratic presidential nomination, today denied charges of Governor William H. Murray of Oklahoma that the Roosevelt forces are spending $50,000 in the Nebraska primaries. Negro Held on Murder Charge John Greenwood. 32. Negro, father of four children, is held by police today on a murder charge. He is accused of the fatal shooting of Silas Presswood. Negro. Ray and Maple streets, March 26.
On request, ent with stamped addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.
Following is the explanation of Ripley’s “Believe It or Not” which appeared in Thursday’s Times: M. Marcel of the “marcel wave” —M. Marcel, inventor of the Marcel wave, celebrated his seventieth birthday and the fiftieth anniversary of his invention in 1922. His invention, which made him wealthy and famous, is said to have been inspired by the beautifully waved hair of his mother. The Natural Mummy—Chuqicamita is a copper mining district in the desert of Atacama, Chile. The mummified body of the miner was found in the Restauradora mine, in a small drift, six feet below the surface. He apparently had perished in a cave-in of the mine and the dryness of the atmosphere, which was saturated with copper salts, having a preservative quality, brought the mummification by natural means. Saturday: The Most Deadly American Pistoleer.
The City in Brief
SATURDAY EVENTS Indiana Republican Editorial Association. meeting, ail day. Clavpool. Alliance Francaise luncheon, Washington. Engineering Society luncheon, Board of Trade. “Constitutionality of the Garnishee Law” will be the subject of an address by James Jay, attorney, at a meeting of tlie Young Lawyer’s Association at 8 Monday night in the Washington. Meeting of the Democratic Progressive Civic and Political Club will be held Monday night at 2002 Harlan place. Dinner of the Marion County Actual Masters and Wardens Association, F. & A. M., will be held at 6 Saturday in the hall of Prospect lodge No. 714, at State avenue and Prospect street. Arch D. Ball, Indianapolis police department ballistic expert, will’be the speaker at the meeting Monday noon of the Scientech Club in the Architects’ and Builders' building, Pennsylvania and Vermont streets. Civil, service vacancies, announced by Henry M. Trimpe, local secretary, include: Assistant gardener, for service at Washington,, D. C.; senior inspector of marine engineer construction, and senior plasterer. Organization of a Tenth ward Liberty party club will be completed at a meeting tonight at 1201 Bates street. Meetings of Clubs 52 and 3 were held Thursday night. Speakers included Dr. C. S. Wikoff, candidate for United States senator; Forrest L. Hackley, state chairman, and Paul B. Elliott, organizer. Seven indictments, naming nine persons, were returned to Criminal Judge Frank P. Baker by Marion county grand jury today. ■SAUCE FOR GANDER ALSO IS FOR GOOSE’ Judge Puts Dissatisfied Wife in Husband’s Business. By United Press CHICAGO, April B.—Noah Seefor asked Judge Joseph Sabath to reduce the sls temporary alimony he was paying because his profits from operating a newstand amounted to only sl2 a week. “Pooh,” spoke up his wife Rose, “I could make $75 a week off that news stand.” “I'd like to see you do it,” Seefor returned. “Fine,” said Judge Sabath, ‘-Mrs. Seefor, you take the stand. Give your husband sls a week and keep the rest of the profits.” Births Rot* Russell and Olleen Truloch, 514 Chase. Girls Chester and Lindv Showecker. 901 South W*fit Reese and Louise Fox. 945 North Oxford. Deaths David Rav. S3. 2757 Ashlapd. cerebral apoplexy. *
tcV' Registered C. 8 JJ x Patent Office RIPLEY
Dow-Jones Summary
Kantzen. Knitting Mills declared a dividend of 3 cents a share on common stock, payable May 1, of record April 15; regular quarterly dividend of $1.75 also was declared on preferred stock, payable June 1, of record May 25. National Electric Power Cos. took no action on quarterly dividend of 45 cents on Class A stock, due at this time. J. C. Penny Cos. in March reported sales amounting to $11,411,579 against 512.444,428 in March. 1931; three months $30,286,975 against $31,698,103. American Power and Light in twelve months ended Feb. 29, 1932. earned $1.87 a common share, against $2.89 in previous twelve months. Market Street Railway in 1931 earned SI.OB a share on 6 per cent on prior preference stock, against *1.44 a share in 1930. March steel ingot output amounted to 1.410.830 tons, against 1.459.547 tons in February and 2.993.590 in March. 1931. New York cables opened in London at 3.77% against 3.78%: Paris checks 95.625; Amsterdam. 9.325; Italy, 73.25. and Berlin. 15.937. % Daily average volume of federal reserve bank credit outstanding during week ended April 8 was *1,600.000.000. an increase of $1,000,000 over nrevious week and $598,000,000 over like 1931 week: money in circulation increased $19,000,000 Brokers’ loans off 9,000,000 during past week to $516,000,000; non-brokers’ loans $56,000,000: New York bank rate unchanged at 3 per cent; New York reserve bank ratio 69.1, against 69.7 a week ago, and 85.9 a year ago; system ratio 70.8. against 70.9 and 83.8. respectively. Pennsylvania Gas and Electric Corporation in 1931 showed net income if applied directly to class A common stock is equal to $1.79 a class A common share, against $1.58 in previous year. Associated Oil Company and subsidiaries in 1931 reported net profit of $3,112,388 after taxes, depreciation, depletion, interest and realized inventory loss for the year equal to $1.36 a share on 3,290,412 shares of capital stock. Standard Gas and Electric Company and” subsidiaries on March 31, 1932, showed a cash balance amounting to *23,198,580 of which $2,570,836 was holding company cash.
Cash Grain
—April 7 The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b., shipping point, basis 41 Vic New York rate, were: Wheat—Firm; No. 1 red. 46® 47c; No. 2 red. 45©>40c; No. 2 Hard. 45®46c. Corn—Steady: No. 3 white. 26@27c: No. 4 white. 25®26c: No. 3 yellow. 25@26c: No. 4 yellow, 24®25c; No. 3 mixed, 24®25c; No. 4 mixed. 23®24c. Oats—Steadv: No. 2 white, 20'i©21c; No 3 white. 19V4©20'/aC. Hay—Steady: if. o. b. country points taking 23’2C or less rates to Cincinnati or Louisville. I No. 1 timothy, *7®7.50; No. 2 timothy, s6® 6.50. —lnspections Wheat—No. 2 red. 4 cars; No. 3 red. 1 car. Total. 5 cars. Corn inewi—No. 3 white. 4 cars; No. 2 yellow', 2 cars;' No. 3 yellow, 22 cars. Total, 28 cars. Oats —No. 2 white, 2 cars: No. 3 white. 12 cars; No. 3 mixed, 1 car. Total, 15 cars GENERAL MOTORS SALES MOVE OFF 15 PER CENT First Quarter Sales 30 Per Cent Under 1931 Period. By United Press NEW YORK, April B.—General Motors Corporation sales to domestic and foreign dealers in March were 59,696 cars and trucks against 62,580 in February, a decrease of 15 per cent, and 119,195 in March, 1931. March sales to consumers in the United States were 38,717, against 46,855 in February and 101,339 in March, 1931. Sales to domestic dealers in March were 48,383, against 52,539 in February and 98,943 in March, 1931. First quarter sales to dealers were 197,256, against 304,547 in the corresponding period of last year, a loss of approximately 30 per cent. Sales to domestic consumers were 143,514, against 231,881 last year. First quarter sales to domestic dealers were 166,304, against 255,997 in the first three months of last year. DAN ÜBIAN PARLEY FA IL S Each Delegate Insinuates Others Brought About Deadlock. By United Press LONDON, April B.—Economic salvtaion of the Danubian countries remained one of Europe’s unsolved problems today when the four-power conference ended here after a tense final session in which each delegate insinuated that others were responsible for the failure of the parley;
.APRIL 8, 1932
GRAIN FUTURES IRRE6ULAR IN NARROW RANGE Conflicting News Reports Add Uncertain Tone to Market. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO, April 8. Wheat opened irregularly steady on the Board of Trade today, with conflicting news causing traders to move uncertainly. Liverpool was higher on a better demand and more confidence. Stocks, however, were largely lower. Scattered buying and selling at the start held the price changes to minor fractions. The weather remained unfavorable in the west, but the forecast was for increased cloudiness. Liverpool Move* Up Com was steady. Oats was slightly easier. At the opening wheat was cent, lower to % cent higher, com was unchanged and oats unchanged to ’* cent lower. Provisions were slow and steady. Liverpool was higher than expected and at mid-afternoon stood ** cent to 1 cent higher. Disregard News Items There has been nothing of late to indicate a trend in either direction in the com market. Traders are disregarding most news items and seem content to follow wheat, although prices move narrowly. The cash demand still is not sufficient to absorb country offerings. Reports are again current that oats are being worked for export, this time American oats. Two days ago it was Canadian grain that was supposed to have been worked. Lack of definite information kept the report from being a market factor. Chicago Grain Range —April 8— WHEAT— Prev. High. Low. 11:00. close. May 56 s * .55% 567i .56 5 , July 59 7* .58% .59 .59% Sept 61% .617* .61% 61% CORN— May 35% .34% .347* .35% July 387* .38% .387* ,387 k Sept 40% .40% .40% .40% OATS— May 23% .23% .237* .24% July 24% .24% 24% .24% Sept 25 .24’, .247* .25 RYE— May 46 , .45% .45% .45% July 47% .46% .46% ,47 s * Sept 48 % .47% .47% .48'* LARD— May 4 47 4 47 July 4.65 4.65 Sept 4.80 By Times Special CHICAGO. April B.—Cariots; Wheat, 12; corn, 47; oats, 39; rye, 2. and barley, 6. By Times Special CHICAGO. April 7.—Primary receipts: Wheat, 351.000 against 777,000; corn, 346,000 against 332.000; oats, 211,000 against 184,000. Shipments: Weat. 480.000 against 480,000; corn 174.000 against 466,000; oats 156,000 against 234,000. By United Press CHICAGO, April 7.—Cash grain close; Wheat—No. 2 red. 56%; No. 3 red. s(c; No. 5 mixed. 52%,c. Corn—No. 3 mixed, 32%c; restricted billing at 32c; No. 1 yellow, old. 35%c: No. 2 yellow', 35@35%r; No. 3 yellow. 32%@33<*e; No. 6 yellow. 31c: No. 3 white. 32% ®33c. Oats—No. 2 white. 24%®25%c; No. 3 white. 22%®25eF°- 4 “’/-c- Ave—No. 2. 45c.~Bar-ey-42@60c. Timothy—S3® 3.25. Clovers9@l3. By United Press TOLEDO. April 7.—Cash grain close, grain in elevators, transit billing: Wheat T“ No -^ red> 57%(7)58% c . Com—No. 2 yellow, 37®38c. Oats—No. 2 w'hite, 28@'29r. Rye—No. 2. 47 , /2.®487aC. Track prices 287ic rate: Wheat—No. 2 red. 52®5J%c: No. 1 red, lc premium: No. 3 red. %®3c discount; No. 4 red. 3®sc cents discount. F orn -£„ vellow - 32%®33c; No. 3 yeilow, 31 %®32c Oats—No. 2 white. 25® N0 ;, 3 , whlt e, 24@25c. Clover—Prime *8.75. Alsyke—Cash. *8.75. Butter—Fancy pr *i nts - E(tßs—Extras. 117z@12c. Hay—Timothy, per cwt, 80c.
Local Wagon Wheat
Citv (train elevators are paving 44c for whea 2 t red wheat and 44c for No - 2 hard Envoy Arrives From Turkey NEW YORK, April B.—Ambassador Joseph Clark Grew arrived aboard the President Harding today from his post in Turkey, prepared to take up his duties as the new United States envoy to Japan. AN N OIIWCE MEWs I Death Notices BAILEY. RALPH Beloved husband ni ifr? e K Ba ei ey - sc ! n Mrs * Mf, rv E. Bailev T J 2? ePh ' T r ° and a,nd Pa,J i all of Indianapolis: Mrs Effir Williams of Chicago and Blanchr Clribble of Buffalo, N. Y.. passed aws 1 at Chicago. Thursdav April 7 For AL rt DMTOI& ar8 ’ Call WALD FUNERLIEFRING. MARY Beloved daughter of Mr, and Mrs. John Deering. sister of Emily Hazel and John, died Thursday friends may call at THE KIRBY-DINN MORTUARY 1901 North Meridian st Funeral Saturday. 8:15 a m at the mortuary. 9 a. m.. Bt. Philip Nert rhiirrh Burial Holy Cross cemetery” Triers FERREE. INEZ A.—Belove 1 wife of Paul Forree and daughter of Mr. and Mrs James C. Culbertson oi Fairmnunt ai St Vincent; s hospital Thursdav. 10:30 a in' funeral Saturday. 10:30 a. m at the '^erf sidence 3524 h. Washington Ist followed bv services Sunday at. Fairmount. Ind. Friends invited. Friend CHAPFI ?RQS.’ CENTRAL CHAPEL for additional Information. HECKMAN. GEORGE M.—Friday, Anril 8 5:25 a. m. Funeral Monday April 11 2 P. .m at the residence, 1418 Lee \t Friends invited. Burial Crown Hill’ Friends mav call at SHIRLFV rtnoc CENTRAL CHAPEL, 946 North IllJnou* M Anytime afternoon Friday until 10 30 a g , p S rfea% n<l thc reßide uce after MANZER, ROSA—Beloved mother of Mrs. marher ♦v, nd t, MrS Au KUSt KamTs4 and iu h %fc e ns fe M: KIRBY - DWN BCF ™ e " d ' tavitedi N “I Beloved huswe?J?n wL,t Ne < ff !*• * ath er of Mrs. Neffu hV^K* d<ri S A: and Edward Nessie and brother of Albert Nellie of Indianapolis and Dave Nessie of Cleve--7 Das *? d a * a ” Thursday. April L h.ii? 8 J Pui ?S ral services will sr.t V th ,> residence. 921 West Thirty-first st Monday afternoon. April 11. at 2 o clock. Burial Crown Hill cemetery. Friends invited WALD FUNERAL DIRECTORS WALD POWELL. SARAH J.—Widow of George L %J!f“ and ™‘her of Martha J. Arnold 'Billy and Roe Powell deceased) Departed this life Thursday. April 7. age i5 years. Funeral Sunday April 10 at her dau *hter, 4910 Ral- - 1 a m ’ Burifl SharpsMile, Ind.. 1 p m. Friends invited. £^s?I al ,£ n £ er dlr cUon cf MOORE & KIRK. (Kokomo papers please copy.) 3 Fnncral Directors, Florist* W. D. BEANBLOSSOM 1321 W. Ray BE. 1588 W. T. BLASENGYM Main office 2226 Shelby St. Branch office 1634 W. Morris. Dr. 2570. GRINSTEINER’S 522 E. Market RI. 5374 HISEY & TITUS ~~ 957 N. Delaware LI. 3828 WM. E. KRIEGER 1402 N. Illinois St. RI 1243 J. C. WILSON r 1239 Prospect. Dt. 0321-0322.
