Indianapolis Times, Volume 43, Number 287, Indianapolis, Marion County, 9 April 1932 Edition 02 — Page 10

PAGE 10

HEAVY BUYING FORCES STOCK SHARES HIGHER Shorts Cover on Fears of Coming Investigation by Senate.

Average Stock Prices

Average of thirty industrials fpr Friday. (12 90. off 3.30. Average of twenty rails, 23. 44. off 1 25. Average of (wcntv utilities 24 60, off .65. Average of forty bonds. 14.45. off .62. BY ELMER C. WALZER United Press Financial Editor NEW YORK, April 9.—Shorts ran to cover on the Stock Exchange today, apparently because of the forthcoming senatorial investigation of trading, and even after the first excitement had died down, the mai ket retained a small part of the early gains. The short coverage came simultaneous with a disclosure by the United Press that the announcement of the resumed hearings had been prompted by advices that bears today planned a billion-dol-lar raid on the market which would have made It the greatest “black Saturday’ of all time. In the first half hour, trading was swift. Transactions amounted to 500,000 shares. Prices jumped 1 to 4 points. Then selling started in special issues and the market reacted from the highs, and turned quiet. Rumor Termed False Brokers in New York termed the report of the $1,000,000,000 raid “erroneous and exaggerated.” They claimed recent selling was pure liquidation and not bear activity. Meanwhile, however, Richard Whitney, president of the New York Stock Exchange, left for Washington. He has been subpoenaed as the first witness in the hearing of the senate banking committee Monday on Stock Exchange operations. After reports of the planned bear raid were made public, the stock market reacted. Selling 0/as particularly heavy in Steel as traders anticipated a drop in unfilled tonnage. After the close, the Steel Corporation announced its tonnage report as of the end of March at 2,472,413 tons, a decline of 73,216 from the total at the end of February' and a record low. At its high, Steel was at 36'/4, up 2 ! 'k. It eased to below 35 before the close. American Telephone reached 110, up 3-Yi, and then receded. Grains Help Stocks At its high for the day, Auburn was at 57. up 514 points. Allied Chemical touched 6914, up 2%; American Can 5314, up 3, and Consolidated Gas 5314, up 3. These stocks closed respectively at 53%, 6714. 52% and 5214. Os considerable stimulus to the early short covering, in addition to the senate investigation, was a sharp rise in wheat, which carried the price up more than 3 cents a bushel. The Liverpool market, which opened sharply higher, gave the clew to the early covering. Accounting for the advance in wheat was the department of agriculture report as of April 1, showing wheat production of about 458,000,000 bushels, compared with the 1931 output of 787,000,000 bushels and the five-year average of 551,000,000 bushels. Cotton futures rallied nearly a dollar a bale at the opening and later lost part of the gains. Bonds firmed up with stocks. United States government issues, Friday’s favorites, turned irregular.

Foreign Exchange

(By James T. Himlll & Cos.) —April SiOpen Close. Sterling 373 “k .379% Franc, Fi ance . ,03°4 5-16 .0395 Lira 0,. t 4 .0515 Franc. Belgium 1400 .1401 Mark 2372 .2373 Pesata, Spain 0750 .0760 Kroner, Denmark 2075 .2075 Yen 3325 .3325 Kroner, Norway 1965 .i960

New York Curb Prices

(By Thomson * McKinnon) —April D Close I Close. Alum Cos of Am 29% Humble Oil .... 43% Am Cynamld .. 2% ! lnsull Ut % Am Gas & Elec 22% Int Super 8 Am Lt & Trac 14 i Int Pete 9 Am Sup Pwr... l'i>Midwest Ut ... % Ark Gas A .... I'VMo Kan Pipe... % Ass Gas & El.. l%(Mt Prod 2 s * Braz Pwr Sz Lt 9%!Nat Aviation .. 3% Can Marc .... TiiNia Hud Pwr... 4% Cent Sts Elec.. 1 Niles 6% Cities Service.. 4%'Pitt Glass 15 Cons Gas of Bal 56 Penroad 2% Comm Edison.. 64 St Regis Paper. 2% Cord 3 Salt Creek 3% Deere &Cos ... 5% Sel Indus % Elec Bd & Sh.. 12% Std of Ind .... 14 Elec Pwr Assn. 4% Std of Ohio 20% Oen Aviation.. 314 Trans Air Tran 2 Ford of Can ... 9 Un Gas A 1% Ford of Eng ... 4 Un Lt & Pwr.. 2% Fox Thea % Un Verde 2% Goldman Sachs 1% Ut Pwr % Gulf Oil 30%1Un Fndrs 1% Hudson 8ay.... I%|

New York Bank Stocks

(By Thomson & McKinnon) —April 9 Bid. Ask. Bankers 51 53 Brooklyn Trust 178 190 CentriJ Hanover 119 123 Chase National 30% 32% Chemical 32% 34% City National 3714 39% Corn Exchange 46% 49% Commercial 133 141' Continental 14 16 Empire 2314 2614 First National 1,440 1,540 Guaranty 253 258 Irving 15% 16% Manhattan & 00.... 25 27 Manufacturers 27% 29% New York Trust 82 85 Public 88 34

Investment Trust Shares

■By Gibson & Bernard) PRICES ARE TO 13 NOON C. S. T. Bid. Ask. Am Founders Corp com > a Am Sc Gen Sec A 6 11 Am Inr Tr Shares l'i ... Basic Industry Shares 1% ... Collateral Truatee Shares A. 3 3‘ Cumulative Trust Shares ... 2'i 3 Diversifled Trustee Shares A. 5H ... Fixed Trust Oil Shares IT, ... Fixed Trust Shares A 5% ... Fundamental Trust Shares A 2’, 3H Fundamental Trust Shares B 331 k Leaders of Industry A 2), ... Low Priced Shares 2 Mass Inv Trust Share 13<4 14** Nation Wide Securities 2S 2% Selected American Shares... IT, 2 Selected Income Shares .... 2>a 3 Shawmut Bank Inv Trust ... 2t* 3*4 Std Am Trust Shares 2** 2% Super Corp of Am Trust Shar 2'j 3% Trustee Std OH A ...... 2’, ... Trustee Std Oil B 2T, 311 U S Elec Light A Power A... ISA* 15*4 Universal Trust Shares 2 214 In the Air Weather conditions at • a. m.: Northeast wind, 20 miles ag hour; temperature, 44; barometric pressure, 29.95 at sea level; ceiling, overcast, hazy, estimated 700 feet; visibility, miles ; field good.

New York Stocks " ‘Mv Thomson * McKinnon* ————

By United Press NEW YORK, April 9.—Sales on the New York Stock Exchange today totaled 1,148,112 shares. Curb stock sales totaled 220,000 shares. —April 9 Prev. Railroads— High. Low Close. close. Atchison ‘ so* 52'.a 52% 52 At) Coast Line.. .. ... 16 16 Balt ic Ohio ... 10% 9% 9% 94 Chesa * 0hi0... ISVa 14% 14 s * 14 Chesa Corp .... 9 * 8% 8 Can Par 12% 12% 12% 11% Chi Ort West 2% 2 Chi N West 5Vi 5 5 5 C R X Si P 5Vi 5 5 5% Del L & W 12% 12 12% 12 Del & Hudson .. 56% 55Va SSVa 55 Erie ...’. 5V* 4% 5 4% Erie Ist pfd .... 5% 5 5 5 Great Northern. .. ... 11% 11 Vi Illinois Central.. 11 % 10 Vi 10% 10 * * Kan City So s', Lou & Nash 14 13Vi 14 12% M K & T 32% Mo Pacific 3% 3% 3Vi 3% Mo Pacific pfd.. 8% 7% 7% 7% N Y Central ... 23% 21% 22% 21% Nickel Plate 3Va 3% NY NH Sc H .... 16% 16 16 15% Nor Pacific ..... 11% 10% 10% 10% Norfolk Si West. 88% 88 88V, 87% O Si W 6% 5% 5% 5% Pennsylvania ... 13% 12% 13 12% Reading 20 Seaboard Air L % So Pacific 15% 14% 14% 14% Southern Ry ... 5% 5% 5% 5 St Paul 154 1% 1% 1% St Paul pfd 2Vi St L <fe 8 F 2 1% 2 1% Union Pacific-. 28% 56% 57% 57% Wabash .. 1% 1% W Maryland ... 3% 33 3% Equipments— Am Car Si Fdy. 4% 4Va 4% 4% Am Locomovite. 5% 5 5% 5% Am Steel Fd 4% 4% 4% 4% Am Air Brake Sh 9 8% 8% 9 Gen Am Tank.. 21 19Va 19% 18% Oeneral Elec ... 16% 15% 15Va 14% Gen Ry Signal 4% ... Lima Loco 10 BVi 10 N Y Air Brake 6 6 Poor St C os J% 2 Pullman 16% 15% 16% 15% Westingh Ar B 10 9% Westlngh Elec.. 24% 23% 23% 22% Rubbers— Firestone 12 12 Fisk % % Goodrich 3% 3% Goodyear 10% 9% Kellv Sprgfld... 1% 1% 1% 1% Lee Rubber 2 2 U S Rubber .... 3% 33 3 Motors— Auburn 57 53% 53% 51% Chrysler 9% 9 9 9 General Motors. 12% 12 12% 12 Graham Paige.. 1% 1% 1% 1% Hudson 4% 4V4 4% 4% Hupp 2 Vi 2% Mack 13% 13 13 13 Marmon % Nash 12% 12% 12Vi 12% Packard 2% 2% 2% 2% Peerless 4 3% 4 3% Reo ... ... 1% Studebaker .... B% 6% 6% 6 White Motors.... 9 8% 8% 8% Yellow Truck ..2 1% 1 1% Motors Access— Bendix Aviation. 7% 7% 7% 7% Borg Warner.... 7 6% 7 6% Briggs 7% 6% 7 7 Budd Wheel 2 1% Campbell Wy ... ... 4 Eaton 4% 4% 4% 4% El Auto Lite 16% 16% 16% 15Va El Storage B 21% 20% 20% 20V, Hayes Body .6 Houda 2% 2% 2% 2% Motor Wheel ... 3% ... Murray 80dy.... 6 5% %% 5Vi Sparks-W 4% 1% Stewart Warner 3% 33 3 Timken Roll 15 14% 14% 14Vi Alining— Am Metals 3 2%'' 2% 2% Am Smelt BVi 8 8% 8 Am Zinc 1% 1% Anaconda Cop.. 5% 4% 5 4% Alaska .Jun 14% 13% 14% 14 Cal & Hecla 2% 2 Cerro de Pasco 6% 6 6 6% Dome Mines g Freeport Texas. 14% 14 14 14% Granby Corp 3% 3% Gt Nor Ore 9Vi 8 Howe Sound ... 7 6% 7 6% Int Nickel 6 5% 6 5% Inspiration 2 2 Kennecott Cop.. 6% 6 6% 6 Magma Cop ... -4% 4% Miami Copper... 2% 2 2 2 Nev Cons ■ 32% 32% Noranda 15 14% 15 14% Texas Gul Sul.. 17% 17 17% 17 U S Smelt 12% 12Vi 12Vi 12% Oils Amerada ........ 12% 12 12 12% Atl Refining ... 9% 9 9% 91% Barnsdall 4 Houston 3% 2% 32% Indian Refining 1% . Mex Sbd 8 7% 7% 7% Mid Conti 4% 3% 4% 4% Obi® Oil 6‘.e 5% 5% 5% Phillips 4% 4% 4% 4% Prairie Pipe ... 6% 6% 6% 6% Pure Oil 3% 3% 3% 3% Royal VPatch ... 16% 16% 16% ... Shell Un 2% 2% 2% 2% Cons Oil 4’/* 4Vi 4Vi 4% Standard of Cal 21% 20% 20% 21% Standard of NJ 27 26% 26% 26 Vac 8% 8% 8% 8% Texas Cos 10% 10% 10% 10% Union OH 11 Steels— Am Roll Mills.., 7% 7% 7% 7% Bethlehem 15% 14 14 13% gvers A M 10% 9% 9% 9Vi Colo Fuel 41/0 41/, Cruc Steel 12 12 Inland 15 McKeesport Tin 41% 41% 41% 39% Midland 2% 2% Newton 2 2 Repub I & S 3% 33% 3 U S Steel 36% 34% 34% 33% Vanadium 9% 8% 8% 8% Tobaccos— Am Sumatra 3% 3% Am Tob (A) new 69% 69 69 67% Am Tob (B) new 74% 71% 71% 71 Lig fc Myers (B) 51 48% 49% 48% Lorillard ....... 14% 13% 13 s /, 13% Reynolds T0b.... 33% 33 33 32% Std Com Tdb 17/. ... Utilities— AMtibi 18/j, 11/Exp 3% 3% 3% 3% Ain For Pwr.... 2% 2% 2% 2% Am Pvr & Li.. 7% 7% 7’, 7% A T & T.. . ..110 107% 103" 106% Cal Gas <fc El.. 8 7% 73', g-. s Com A Sou... . 2% 2% 2% 2Vi Cons Gas 53% 51% 52% 50% FI Pwr Sc L 1... 6% 6% 6% 6 Gen Gas A .. 1% 111 Inti T Sc T. . 5% 4% 5 4% Lou Gas & El.. 14 13% 13% 14% Natl Pwr St Li. 10% 9% 10% 9% No Amy Cos 26% 25% 25% 24% Pac GaJ Si El.. 26% 25% 25% 25 s ,■ Pub Ser N J... 42% 41V, 41% 39% So Cal Edison... 24% 24% 24% ... Std C. Sc E 1.... 16%. 15% 15% 15Vi United Corp 5% 5% 5% 5Vi Un Gas Imp ... 16% 15vt 15% 15 tit Pwr &. L A... 32% 2% 3 Wesf Union.... 34V4 32% 33% 31% Shinning— Am Inti Corn... 4% 4% 4Vi 4% N Y Shin 2% 2% 2% ... United Fruit... 21 20% 20% 20% Foods— Am Sue 15% 15% Armour A 1 1 Cal Pkg 7 6% 6% 7 Can Drv 7Vi 7 7Vi 6% Oh'lds Cos 2 ! i Coca Cola 106% 105 Vi 105% 104

Grab This Final Chance, Win the Limerick Prize

BY BEN BERNIE (The Old Maestro Himself) Here is the announcement you have been waiting for, ladies, gentlemen and bankers. Three names—no more, no less. The three lucky prize-winners who will be awarded free tickets to the Ben Benrie dance at the Indiana roof ballroom Sunday night. One of these three, or the winner of today's limerick, will win the grand prize of $lO, which old Anti-Hoarder Bernie will present at the Indiana ballroom: The judges have decided that the winner of Wednesday’s limerick is Walter L. Reed, 615 North Chester street. Reed's winning limerick is as follows: This country is in ouite a pickle. What we need is a rood flve-cent nickle Or even a dime. Would help us some time OR LEGALIZED BEER WITH A TICKLE. The winner of Thursday’s limerick is Thomas J. White, 240 Hendricks place. V/hite’s winning limerick follows: Now Hoover has tried to stop hoardinr It's time that wo started affordinr Ourselves of t>e chance To buy seats fu ■ the dance AND LET THE LANDLADY DANCE FOR HER BOARDING. The winner of Friday's limerick is James Lynch Jr., 415 North Arsenal avenue, and the limerick is as follows; Those stock marker mvs. so hirh-toney. Are now eatinr their own boloney But, folks, don't you cry. If you’ve kissed stocks roodby. YOU STILL CAN LIVE IN JAIL WITH CAPONE. The winners of these three limericks may obtain their tickets Sunday night at the private office of Tom Devine, manager of the ballroom. If you have sent your Saturday limerick to The Timas, it will be delivered to the ballroom in plenty of tImA,

Cont Baking A 3% 3% Corn Prod 34% 33% 34 5 , 33% Crm Wheat ....20 19% 20 ... Cudahy Pkg 30*, 30 Cuban Am Sug % % Oen Poods 34% 33Vi 33% 33% Grand Union • • 6*, 6 Hershey 69 68 68 % 67 Jewel Tea 26 25Vi Kroger 13 12% 12% 12% Nat Biscuit 33% 32 33 31% Natl Dairy 23 s * 22% 22% 22% Purity Bak 8 7% 7% 7*, Pillsbury 16% 16% Safeway St .... 45’, 44% 45 43 s , Std Brands 10% 9% 9% 10 Ward Bkg ... Drugs— Coty Inc 2 2Vi Drug Inc 43 42% 42% 41% Lambert Cos .... 41’, 39% 39% 39% Lehn & Fink ... 15% 15 15% 15 Industrials— Am Radiator ... 4% 4% 4% 4% Bush Term 16% 16 s , 16% 16% Certainteed ... ... 2 Gen Ashalt 8 7% 8 7% Lehigh Port 4 4 Otis Elev 13% 12Vi 13 12 Indus Cbems— Air Red 47% 45% 45% 44% Allied Chem 69% 67V, 67% 65% Com Solv 6% 6 6 5% Dupont 39% 37% 37% 38% Union Carb 23V, 22% 22% 22% U S lad A1c0... 22% 21% 21% 21% Retail Stores— Assoc Dry Gds.. . ... 33% Gimbel Bros .... 1% 1% i% IV, £ resg £ i. s ® 7 * 9V. May D Store 1314 Mont Ward 7% 6% 7 6% f'nny J C . .. 29 28% 28% 28 Schufte Ret St 2 2 Sears Roe 23 21V, 21% 20% Woolworth 39 % 37 Vi 37% 36% Amusements— Crosley Radio 2% Eastman Kod... 66% 65Vi 65% 63% Fox Film A .... 2% 2 2% 2% Grigsby Oru ... % % % % Loews Inc 23 22% 22% 22 Param Fam ... 5% 5 5% 4’/* Radio Corp 5% 5% SV, 5 R K O 3V* 3 Warner Bros ... 1% 1% 1% 1% Miscellaneous— City Ice St Fu.. 23% 23 23% ... Congoleum 8% 8% Pjoc ••• 26 % 26% 26% 26 Allis Chal 9% 8% 8% 9 Am Can 53% 52 52% 50% J I Case 28% 27% 27 Vi 26 C°nt Can 32 31% 31% 29’/, Curtiss Wr IV, 1 1 1 Gillette S R .... 19% 17% 17% 16% Gold Dust 13% 12V, 12V, 13 Int Harv 18% 17% 18 17% Int Bus M 90 89 80 88 Real Silk 2% 2% Un Arcft 11% 10% 10% 10%

Produce Markets

Delivered In Indianapolis nrices: Hens, heavy breeds. 14c: Leghorn hens. 11c: Broilers, colored springers, 1% pounds un 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 ful 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 healthy stock free from feed bv the Wadlev Company. By United Press \ NEW YORK. April 9.—Potatoes—Market, firm: Long Island. [email protected] barrel: New Jersey. [email protected] barrel: Southern. $3.50® 6.15 barrel: Idaho. $1.90®2.40 sack; Bermuda. sß@l2 barrel: Maine. [email protected] barrel: Canada. $1,300 2.40. Sweet potatoes— Market, steady; Southern baskets. 25®75c. Flour—Market, auiet: spring patents. $4.10 @4.40 barrel. Pork—Market, dull: mess. sl7 barrl. Lard—Market, auiet: middle west snot. [email protected] per 100 lbs. Tallow— Market, steady; special to extra. 2%@2%c. Dressed poultry—Market, steady, turkeys. 150:30c: chickens. 16@27c; fowls. 10®22c: broilers. 16@32c: canons. 18@35c: ducks, 12@16c; Long Island ducks. 16c. Live poultry—Market, steady: geese. 10® 15c: ducks. ll@17c; fowls. 16@21c: utrkeys. 20 @4oc: roosters. 10@llc: chickens. 14@23c; broilers. 12027 c: capons. 15@35c. Cheese— Market, dull: state whole milk fancy to specials. ll@19c; young America. 12®13c. Butter—Market, auiet: weak: creamery extras. 20c: special marks. 20%®21c. Eegs— Market, steady: nearby white. 18®20%c; standards. 17® 17%c: medium. 15@16c; rehandled. 14@14%c: Pacific Coasts, 19%@ 24%c: browns. 15’,4® 19c. By United Press CINCINNATI, 0.. April 9—Butter—Packing stock No. 1,18 c; No. 2,13 c; No. 3, 10c; butter fat, 14@16c. Eggs—Steady: cases included, extra firsts, lie; seconds, 10c: nearby ungraded, 11c; duck eggs, 10%c; goose eggs, 25c. Live poultry—Thin and coarse stock sells only at heavy discount; fowls 5 lbs. and over. 15%c; 4 lbs. and over, 16%c; 3 lbs. and over, 16%c; Leghorns, 3 lbs. and over, 14c: roosters, 9c: colored broilers, IV2 lbs. and over, 23c; 2 lbs. and over, 26c; partly feathered, 14c; Leghorn broilers, 1% lbs. and over, 22c; 2 lbs. and over, 22c; black springers, 11c; ducks, under 3 lbs., sell at liberal concessions; ducks, white. 4 lbs and over, 16c; under 4 lbs., 14c; colored, 4 lbs. and over, 16c; under 4 lbs., 13c; capons, 8 lbs. and over. 25c; under 8 lbs.. 22c; slips, 15c; turkeys. No. 1 hens, 8 lbs. and over, 30c; yonung toms, No. 1, 10 lbs. and over, 22c. By United Press CHICAGO, April 9. Eggs Market steady: receipts. 9,464 cases; extra firsts, 12%®13; firsts, 12@12%c; current receipts, ll@ll%c; seconds. 10%c. Butter—Market, steady: receipts. 21,522 tubs; extras. 18%c; extra firsts, 17%@18c; firsts. 16V 2 @17c; seconds, 16c; standards, 18® 19c. Poultry —Market, weak; receipts, no cars in, none due; fowls. 16®18c: Leghorns, 14c; ducks, 18@21c; geese, 10c; turkeys, 15@23c; roosters, 8c; broilers. 22@24c; Leghorn broilers, 20c; stags, 12c. Cheese—Twins, ll®ll%c; young Americas. 11%@12c. Potatoes—On track, 199; arrivals, 88; shipments, 782; market about steady to firm; Wisconsin round whites. 80® 85c: Idaho russets, $1.30®1.35; Minnesota and North Dakota Red River Ohios. $1.10; Irish cobblers, 90®95c; Texas triumphs, $3.60. By United Press CLEVELAND. April 9.—Butter, eggs, poultry, no quotes today. Potatoes—Ohios and New York. 50® 55c per bushel: Maine Green Mountains. $1,150)1.25 per 100-lb. sack: Idaho russet, large sized. [email protected]; Medium, $1.65 per 100-lb. sack.

Bank Clearings

INDIANAPOLIS STATEMENT —April 9 Clearings $1,606,000.00 Debits 3,911,000.00 Clearings for the week 11,640,000.00 Debits for the week 27,911,000.00 TREASURY STATEMENT —Anril f Net balance for Anril 7 $561,990,992.85 Expenditures 20.205.755.50 Customs rects. mo. to date... 4,891.344.75

It isn’t too late to get into the fray, folks. In Case any of my fair readers have been away for a vacation (victims of the depression) and don’t know whatrthe incoherent Maestro is talking about, I’ll explain. All you have to do is write a last line for the unfinished limerick printed in this column, take it to the Indiana ballroom box office tonight, or Sunday evening before 10 o’clock. Clip the limerick, or copy on a separate sheet of paper, fill in a last line, as indicated in the sample limerick, and sign your name and address. The winner will be announced on the Indiana Roof Sunday night, when he will be refunded two admissions, and given $lO if he wins the grand prize. If your name appears in the above list of winners, call at the Indiana ballroom tonight or Sunday night for your free tickets. Bring your bank book, so you can be identified as a member of the Anti-Hoarders’ Club. Aw. c’mon, “youse guys.” write a last line for the Maestro. This contest is open to both Republicans and Democrats. Even Vegetarians will be eligible for prizes. It’s nonpolitical, nonpartisan and nonsensical. Here’s a sample limerick: Ob, why should the whole world be tearful? Here's sunshine. % whole eye and earful TBo* we haven't much dough Still with prices so low EVERYTHING IS OKEH, LET’S BE CHEERFVL. This one is for you: I see by the news in the papers The bankers are rutting up capers They gat back their nerve From the Federal Reserve (Fill in last line) Don’t wait. Do it now. Prosperity is just around the corner, and I don’t meaT* Pat Kennedy,

THE INDIANAPOLIS TIMES

PORKERS SHOW LITTLE CHANGE AS WEEK ENDS Cattle, Calves Stationary; Sheep Unchanged on Light Receipts. Hogs ended the week's trade at the city yards at a quiet pace this morning, prices holding steady with Friday's average. The bulk, 100 to 350 pounds, sold for $3.80 to $4.30; early top holding at $4.30. Receipts were estimated at 3,500; holdovers were 87. Cattle were nominal, receipts numbering 50. Vealers held steady to $6.50 down. Calf receipts were 200. Lack of new arrivals prevented a test of the sheep market. Receipts were 50. Scattered sales on hogs at Chicago this morning were steady with Friday’s average; most quality plain. The bulk, 140 to 200 pounds, sold at $4.30 to $4.45, with asking fully steady on other grades. Receipts, 6,000, including 5,000 direct; holdovers, 3,000. Cattle receipts, 4,000; calves, 100; market steady. Sheep receipts numbered 3,000; market unchanged. HOGS April. Bulk. Early Top. Receipts. 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 9. 3.80@ 4.30 4.35 3,500 Receipts, 3,500; market, steady. (140-160) Good and choice...s 4.10® 4.15 —Light Lights—-(l6o-180) Good and choice ... 4.30® 4.35 —Light Weights—-(lßo-200) 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® 365 (100-130) Slaughter pigs 4.00® 4.05 CATTLE Receipts, 50; 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-y-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 anand —Buis (yearlings excluded) Good and choice beefs 3.00® 3.75 Cutter, common and medium.. 2.00® 3.00 CALVES AND VEALERS Receipts, 200; market, steady. —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® 4.50 (600-1,500) Good and choice [email protected] Common and Medium ..... 3.50® 4.50 SHEEP AND LAMBS Receipts, 50; 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 ..v> 1.25® 2.75 • Other Livestock By United Press CHICAGO, April 9. Hogs Receipts, 6,000, including 5,000 direct; about steady with Friday’s average; plainer quality considered; 140-210 lbs., [email protected]; top, $4.45 for part load: 220-250 lbs., [email protected]; 260-320 lbs., $3.70@4; few pigs, $3.85® 4.25; packing sows, scarce, quotable steady; shippers took 1,000; holdovers, 1,000. Cattle—Receipts, 400; compared week ago: fed steers and long yearlings, strong to 25c higher, all grades light offerings and common and medium grades weighty steers up most; light heifers and mixed yearlings also butcher heifers, 25® 50c; largely 50c higher- fat cows and cutters, strong; bulls about steady; vealers, after seeking new low, closed about in line with week earlier; largely steer run, lower grades predominated, bulk selling at [email protected]; not much to killers under $5; extreme top weighty steers, $8.40; long yearlings, $8.35; light yearling steers $7.75 and heiier yearlings, $7.25; breeder trade slow, narrow, steady, bulk thin offerings, $4.50®5.50, best yearlings round. $6. Sheep—Receipts, 3,000; today’s market, nominal; for week ending Friday, 86 doubles from feeding: stations, 12.500 dirfect; old crop lambs, steady to 25c and more lower, decline largely on unfinished kinds; other classes weak with lower tendency; closing bulks follow: better grade wooled lambs, $6.75® 7.25, around 97 lb. weights stopping at $7: s top, $7.75; desirable clippers, $6.25® 6.50; few, $6.75; unfinished woolskins, s6® 640 tc >„ killers; throwouts, [email protected]; fat ewes, $3.50®4, heavy weights, $303.50; lambs, Bie'ST 5 W6nt t 0 * 9; feeding By United Press CINCINNATI, 0., April 9.—Hogs—Receipts, 2,600; including 1,045 direct; held?ver 430; generally steady; better grade arnifnri $4.25%4.40; mostly $4.40 on down; some 230-250 lbs., [email protected]; 290 lbs. down, $2.75; 120-150 lbs., s3@4; a few sows, $3. Cattle—Receipts 300, calves, 100; market, nominal. Sheep —Receipts, 1,200, including 1,100 direct; market, nominal. By United Press FT. WAYNE, Ind.. April 9.—Hogs—Market, steady; pigs and light lights, $3.75 @4; lights. $4(q4.15; mediums, $3.90@4; heavies $3 [email protected]. Roughs, $2.50@3; stags, $2; calves, $5.50@6; lambs, [email protected], By Times Special i<Jv XJ * IS Y ILL F’ Ap , ril , 9 -—'Cattle—Receipts, 150, steady at week’s level of prices; bulk rwf S heifers. $4.50®5.85; slaughter cows. $3.50 down; bulls, $3.25 down; light Stockers mostly $5.25 down. Calves—Receipts, 250; steady; best vealers, [email protected]: most lower grades, $4 down. Hogs RegglPft' 25 2i fJS-235 lbs., $4.10; 240- & 80: lbs - U P- * 3 - 2 °: 175 lbs. down, $3.30; packing sows, [email protected]; stags, $1.95. Sheep and lambs—Receipts, 50; steady; top old crop lambs, $6.50; Friday’s shipments. By United Press EAST ST. LOUIS. 111., April 9.—Hogs— Receipts, 3,000; market, steady to 10c higher than Friday’s average; top, $4.30; lbs - *[email protected] 230-250 lbs., 53.90@4. 10 ; 250-300 lbs., $3. 1 [email protected]; 100130 lbs., [email protected]; sows, $3®3.25; markeU compared with close last week, mostly 10@15c lower. Cattle—Receipts, 250; calves, receipts, 150. Sheep—Receipts, 700. By United Press TOLEDO, April 9.—Hoes—Receipts, light: market, steady: top. [email protected]; mixed. $4 ®.4.35; bulk. $4f4.25: pigs. $3.75; lights. $3.75; roughs. [email protected]. Cattle—Receipts, light; market, steady. Calves—Receipts, light: market, steady. Sheep and lambs — Receipts, light: market, steady. By United Press EAST BUFFALO. N. Y.. April 9.—Hogs— On sale. 500; rather slow; odd sales strong to 5c higher; few 180 lb. selections. $4.90; 140 lbs.. $4.65. Cattle—Receipts. 25; dependable steer and yearling trade throughout week, mostly steady, spots. 25c higher: good steers and mixed yearlings. $6.75® 7.50; heifers. $6.25®7: medium steers and yearlings. $5.750 6.75: few cows. $50*5.50: fat cows. $3.5004: cutter grades. $1.50® 2.50: extremes down to $1.25. Calves—Receipts. none: vealers. closed about steady with last week: demand improved late, good to choice. $6.50(<i7: common and medium. s4® 5.50. Sheen—Receipts, none: better grade lamb3. active: mostlv steady during week: good to choice woolskins. $7.500.7.75: common and meduim. S6O 7. shofli lambs. $6.500 7: few springers. S10: good to choice, aged wethers, shorn. $3.75 @4.25; wool ewes. $4.40 down. By United Press I CLEVELAND. April 9. —Hogs—Receipts. 250: holdover, none: mostlv steady, top 5c higher on outstanding loads; 150-230 lbs.. $4.60@ 4.65 : 240 lbs. upwards, largely $4.40: for week: near steady: week’s top. $4.65. Cattle—Receipts. 35: 818 lbs. steers. $5.75: compared week ago: steady to 25c higher: steers largely 25c up: week’s bulk. ss®6: best here. $6.15: cows, unevenly around S2O 3.50. Calves— Receipts. 10: for week: 50c to $1 higher: week’s too. $7.50: bulk. $7 downward: cull to medium closing around. $4.50® 6. Sheen —Receipts. 15: nearly good holdover clippers. $6.50: for week, around steady; shorn lambs. $6.50® 6.85: top. $7: throwouts. [email protected]: desirable wooled skins largely. $7.50: best here. $7.60.

Local Wagon Wheat

Citv grain elevators are navina *2c for [No. 2 red wheat and 42c l or No. 2 hard Wheat,

BELIEVE IT or NOT

IK THE ftRMY, NAVy AND (MARINES | -o&xicd by Clinton ft GiUinghnre WfLO BILL Frorrfan j HAS been jnconswn HICKOK H/Tlfl oW p, "' t F ° Bt ONE FI4HT Wmi/ THE cay HALL OF THE CITV OF YUMA, ARILOHA !£> NOT IN ARIZONA" BUT IN CAUFORN/*

Bright Spots of Business

By United Pres* NEW YORK, April 9.—Business sentiment improved during the first quarter of the year because of steps to check excessive deflation, R. G. Dun & Cos. said in a survey. DETROlT—Plymouth Motor Company added 2,500 workers to its pay rolls In the last five weeks, It was reported. CHlCAGO—Combined statement of the Alton Railroad and Chicago & Alton railroad showed net operating income for the first quarter totaled $116,6>5, compared with a net loss of $122,384 in the first three months of 1931. NEW YORK—New York and Richmond Gas Company reported net income for 1931 was $414,043, against $392,030 in 1930. DETROlT—Current operations of the Packard Motor Company are holding well above the corresponding 1931 period, it was reported.

Chicago Stocks • (By James T. Hamlll & Cos. 1 ’

TOTAL SALES 62,000 SHARES —April 9 •_ .. . . High. Low. Last. Bendix Aviation 7% 7% 7% Borg Warner 7% 6% 7 Butler Bros 1% ... Cent 111 Sec ca pfd 11. % ... Cent & So West 1% i% 1% Cities Service 4% 3% 4% Commonwealth Edison. 66% 63% 64% Continental Chicago ... % % 3., Continental Chicago pfd 14% 14 14' Cord Corp 3 Corp Securities ’4 , Great Lakes Aircraft ... % ... .“ Grigsby-Grunow % % ’vi Hart-Carter 4* /8 Houdaille-Hershey A ... 4% !!! !!! Insull Util Invest % % y. Insull Util Inv 6s 1940 32% 3 Keystone Steel 334 Lion Oil Refining Cos ... 2 ... . Lynch Corp 12% Middle West Utilities... % % ’"% Middle W Ilti! 6% Dfd A 3’4 2% 2% Midland United I’4 1% I>4 Nat Elee Power A 1 % 1% n , National-Standard .... 13 Noblitt-Soarks Ind Inc 12 11% 12 No American Car 3 No Amer Ll & Power.. 6% Pines Winterfront .... 3% Public Service N P.... 50% 47 49 Quaker Oats 86 85 85 Reliance Mfg Cos .... 7% Ross Gear 19 Ryerson & Son 7% Seaboard Util Shares... % % % Standard Dredging Cos. 1 Swift &Cos 15% 15% 15% Swift International .... 20 U S Gypsum com 16% 15% 16 U S Radio & Tel 6% 6% 6% Utah Radio % Utility & Ind 1% 1 1% Utility & Ind pfd 6% 6% 6’% Vortex Cup Cos 8% 7% 8 Walgreen Drugs 9% 8% 8% Zenith Radio %

In the Cotton Markets

(By Thomson & McKinnon) NEW YORK, April 9.—ln response to good cables, cotton was 17 points higher on the opening. Half of the advance was lost in the first hour as the result of profittaking and professional selling. The weather in the south is favorable. Sentiment is against cotton for the present. Traders feel that there is plenty of time to change, should conditions warrant it. From our point of view cotton should be purchased on reactions, as we feel that the small use of fertilizer this year points to a small crop. CHICAGO —April 9 '*• High, Low. Close. May 6.23 6.18 6.22 July 6.45 6.37 6.39 October 6.69 6.60 6 63 December 6.84 6.76 6.82 NEW YORK High. Low. Close. January 6.87 6 73 6.83 March 6.99 6 91 6.97 May 6.20 6.06 6.13 July 6 34 6 22 6.31 October 6.61 6.48 6.57 December 6.79 6.65 6.74 NEW ORLEANS High. Low. Close. Januarv 6.82 6.81 6.81 March 6.97 6.91 6.95 May 6.16 6 08 6.13 July .... 635 6.24 6.31 October 6.59 6.48 6.54 December 6.74 6.65 6.73 New York Liberty Bonds —April 9 3'is 100.24 Ist 4'is 101.1 4th 4 s s 101.23 Treasury 4Us 104.24 Treasury 4s 101.26 Treasury 3**s 99. Treasury 3 3 *s of 47 96.7 T-" > *nrv V<s '4 4* i’iDei 96.25 ' .. la RAW SUGAR PRICES —April 9 High. Low. Close. January 85 -84 -85 March 90 .88 .90 May 63 .62 .68 July ........ 71 .60 .70 September .77 .75 .77 December .83 41 .82

On request, sent 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 Friday’s Times: The Fortified City of North America—Quebec, which claims the distinction of being the only walled city on the North American continent, resembles in picturesqueness a medieval European town, rather than a city of the new world. It is the oldest city in Canada. The fortress consists of a citadel crowning the summit of Cape Diamond and covering about forty acres at a height of 333 feet above the level of the river. In addition, there is the Chateau Frontenac, built in 1823, in the style of an old French chateau, on the exact site where Champlain’s residence stood in the days of new France. The fortifications, now obsolete for defensive purposes, add greatly to the romantic appearance of this Gibraltar of America. The Book That Never Was Written—Royal W. Figg, author of the book that never was written, was a printer in the employ of an old established firm in Richmond, Va. The tit el of this unique book was “Where Men ONLY Dared to Go; or, the Story of a Boy Company.” It was set up by the author entirely out of his head, as it never was written and no manuscript ever existed. Although this manner of producing a book violated all precedents, the book was distinguished by perfect diction, a lucid style, and purity of expression throughout its 263 pages and enjoyed a splendid sale. Monday: The Wandering Mountain. NEW YORK COFFEE RANGE ■ —April 9 High. Low. Close. May 6.24 July 6.23 6.22 6.22 September 6.20 6.19 6.19 December 6.14 CUT WEEK-END RATES Eight Railroads Join in 45 Per Cent Round Trip Slashes. Slash of 45 per cent in week-end round-trip rates, effective April 29, was announced today by eight railroads. The rates will continue in effect until Sept. 3. Lines participating are the NeV York Central, Baltimore & Ohio, Erie, Lackawanna, New Jersey Central, Lehigh Valley, Shore and'Pennsylvania.

;they tellme

BY BEN STERN IT begins to look very much as if the Republican managers will have to draft candidates for secretary of state and auditor of state. There appears to be a general apathy and, outside of the campaigning of the five Governor nomination contenders, no interest has been excited. Where is that spirit of yesteryear that caused every Republican in the state to be out fighting for a nomination for state office? “Gone,” is the answer. “Gone to the Democrats.” Outstanding impression gained from casual conversations with members of the Indiana Republican Editorial Association, here for their two-day convention, is that this group, which is - ipposed to instill the desire to fight among the rank and file, has assumed a sort of “Oh, well,” attitude. No one can advance the names of two. candidates for state office outside of the governorship. n * n Several months ago Miss Mary Sleeth of Rushville, former state vice-chairman, announced for the treasurer nomination. The only other candidate is James O. Leak of Terre Haute, who is not formidable. Miss Genevieve Brown of Winamac, incumbent reporter of the supreme court, probably will be a candidate for renomination. She also, has no opposition. Only one name has been mentioned for the secretary of state nomination, and it is that of Bert Morgan, who was one of the Leslie managers in 1928. ?3Bnce his part-

rl V Regfitered V. I. JLF X Patent Office RIPLEY

Dow-Jones Summary

New York cables opened in London at 3.79% against 3.78%; Paris checks. 96.00; Amsterdam, 9.355; Italy, 73.50. and Berlin, 15.937. , Northe/n Pacific, February net loss $837,088 after taxes and charges, against net loss of $488,235 in February, 1931. Two months net loss $1,705,166 against net loss of $734,938, in the first two months of 1931. Current assets were $23,964,910 and current liabilities were $8,610,103 as of Feb. 29 against $28,455,879, and $9,100,487 at the end of February, 1931. Associated Gas and Electric system reports for week ended April 2, electric output of 47,958,873 kwh, a decrease from the like week last year of 9 2-10 per cent. Gas output for week amounted to 338,555,300 cubic feet, a decrease of 30,886,900 cubic feet or 8 4-10 per cent. Alton Railroad March surplus, $8,597 after taxes and charges against deficit $342,623 in March, 1931. Three months deficit, $296,266 against deficit of $1,358,926 in the like period >of 1931. National Power and Light Company, year ended Feb. 29. 1932, had earnings of $1.66 a common share against $1.87 in 1931. St. Paul loadings in week ended April 7, were 21,436 cars against 22,209 cars in the first seven day* of March and 28,464 in the like 1931 week. Union Oil of California in March 31 quarter earned 22 cents a share against 41 cents in the first quarter of 1931.

Net Changes

By United Press NEW YORK. April 9—Closing prices and net changes on principal issues traded on the New York Stock Exchange today: Up. Off. Allied Chemical 67% 1% ... American Can 52% 1% ... Amer Tel and Tel 108 1% ... Auburn Auto 53% l’/ ... Beth Steel 14 % ... Case. J I 27% I’4 ... Chrysler (unchanged) 9 ... ... Consolidated Gas 52% 1% ... Du Pont 37V* ... % Electric Power 6% % ... General Electric 15’% % ... General Motors 12% % ... Int. Tel and Tel 5 I’4 ... Loew’s 22 /* % ... Lorillard 13% % ... National Biscuit 33 1% ... National Power 10% % ... New York Central 22Vs % ... North American 25’% 1 ... Pennsylvania 13 % ... Public Service 41% 1% ... Sears Roebuck 21% % ... Standard Gas 15% -t ... Standard Oil, N. J 26% % ... United Air 10% % ... United Gas Imp 15% % ... U. S. Steel 34% 1% ... Westinghouse Electric 23% 1% ... Woolworth 37% 1 ...

ner, Bert Fuller, became the manager of James M. Knapp, Governor aspirant, Morgan moved into another office, evidently to be free to pursue his own career. But he has made no gesture toward the secretaryship. Bert is a former Newman and was state prohibition administrator. Not one name is being considered seriously for auditor of state. It is true that Leland Fishback, former gas tax collector, thought longingly about the job, but he also is busy furthering the interests of Knapp and so has made no move. No one else has been heard of or from. u n n As yet there have been no announcements for the nomination for superintendent of public instruction. Someone said that Roy Roudebush, former assistant superintendent, may become a candidate and it is known that Roy P. Wisehart, former superintendent, who, when defeated, became a textbook salesman, was up to see Senator Watson. But nothing definite is in the air. That, perhaps, is one reason why the editors invited Patrick J. Hurley, war secretary and administration spellbinder, to be the hypodermic at the love feast tonight. Perhaps, after Hurley gets through praising President Hoover and listing the achievements of his administration, ambition may be awakened and job seekers stirred from their lethargy. Otherwise, the managers may have to draft a ticket and, incidentally, the draftees would better have plenty of money to pay their fare. , *

APRIL 9, 1932

WHEAT STAGES BRISK UPTURN ONCROPNEWS Bullish Government Report Adds Firm Tone to All Grains. BY HAROLD E. RAINVTLLE *ujpuosjj jo.-) sets (said pail ay CHICAGO. April 9—The startling: figures in the government crop reported skyrocketed wheat prices on the Board of Trade today, and while heavy profit-taking and selling against officers was encountered on the upturn, the market held almost the full gains. Strength in stocks and abroad contributed to the rise, and there was an enormous amount of buyin gin the pit from the very start. The upturn fully regained Friday’s losses, which had put the market in an excellent position to respond to the bulishness of the situation. The great strength in wheat caused general buying and short covering in the other pits, and corn scored a sharp gain. Oats, however, was hed back slightly by the great interest in the action in wheat. At the close wheat was 2% to 2H. cents higher, corn was 1% cent higher and oats % to % cent higher. Provisions were firmer. Receipts were: Wheat, 17 cars; corn ,85, and oats, 48. Cash prices weu Wheat, 2 to 3 cents higher: com, 1 to 2 cents higher, and oats. Vs to % cent higher. Chicago Grain Range —April 9 WHEAT— Prey. „ Open. High. Low. Close, close. May 56 .57% .55’, .56% .53% July (old). 58% .60 .58% .59 .56% New. .58’/* .59% .58% .56% .56 Sept (old) .61% .62V* .60’* .61% .58% CORN—' ' 6l '* • 61 *“ 60 '* 61 58 % Ma.v 34% .34% .33% .33% .32% July 37 .37% .36% .37% .36 Set - --.. -39% .40 .39% .39'% .38% OATS— May 23% .24 .23% .23% .23% July 24 .24% .24 .24% .33% 3< %ye"'“ ' 2557 ' 25 ■ 24! * ' 24 ’ 4 ' J4 ’* May 45% .46% .45% .45'i .44% July 47% .47% .46% .47 .45'* Sept. ... .47% .48 .47% .47% .46% LARD— May 4.50 4.52 450 450 447 July ...’...4.67 4.67 465 465 462 Sept 4.80 482 480 480 477 ° e t- •••••• 4.82 480 BELLIES —- May 485 485 July ... ... 4.97 4.97 Sept J. 520 5.20 By Times Special CHICAGO. April 9 - Oariots: Wheat. H; corn. 72; oats. 38. and Rye. 3. By United Press i.ru Ap i il - 9 ~ Cash Rrain close; Wheat—No. 3 red. 56Vic: No. 2 hard, 56%c: No. 2 yellow hard, 56tic; No. 3 yellow hard 55%c: No. 3 mixed. 56’ 4 c. CornNo 3 mixed. 30%c, restricted billing: No. 3 yellow. 33%@34Uc; No. 3 yellow. 32@32%c: X 0 ’ wh J, te ’ „ 32 ' sC - Oats—No. 2 white. 24 ®2sc; No. 3 white, 22%@24%c; No. 4 white. 23c. Rve—No. 4. 43c. musty. Barley—42@6oc. Timothy—[email protected]. Clover—s9@l3. By United Press TOLEDO, April 9.—Cash grain close; Grain in elevators, transit billing. Wheat —No. 2 red, 57%@58%c. Corn—No. 2 yellow, 35%@36%c. Oats—No. 2 white. 27 %® 28%c. Rye—No. 2. 470148 c. Track prices, 28Vic rate. Wheat—No. 2 red. 52®52%c: No. 1 red. 1c premium: No. 3 red. % to 3 cents discount; No. 4 red. 3 to 5 cents discounty. Corn—No. 2 yellow, 31032 c: No. 3 yellow. 30®31c: No. 2 yellow. 31032 c; No. 3 yellow, 30@31c. Oats—No. 2 white. 24 %® 25 Vic; No. 3 white, 23%®24%c. Clover—Prime, $9. Alsyke—Cash, $8.75. Butter—Fancy creamery prints, 25@26c. Eggs—Extras, 11%®12c. Hay—Timothy, per cwt. 80c.

The City in Brief

“Behold the Man,” will be the topic of Roscoe Kiper of the state industrial board at the April fellowship dinner-meeting of the Men’s Bible class of the Central churqji Monday night. . The Rev. J. Luther Seng, pastor of the Bethany Lutheran church, will read a paper on ' The Method of Inspiration’’ at the opening session of a meeting of Lutheran ministers of central Indiana at the First English Lutheran church at 10 Mondav. 1 “Why I believe in Christian Endeaovr," will be the topic of Robert j Lewis, treasurer of the Indiana ' Christian Endeavor Union at the April rally of the Garfield Christian Endeavor Union to be held Tuesday night in the Victory Methodist Protestant church. New location of the Indianapolis Camera Club at 110 East Ninth street, affording two ample exhibition galleries, will be open to the public at specified intervals, officials announced. Optimist Club officers named Friday at the Claypool are: Jacob E. Shewmon, president; Chester L. Robinson, first vice-president, and Louis F. Elvin, treasurer. “The Germany of Today” will be described by John G. Bucher, Fellow of the Royal Geographic Society of London, in an address Tuesday at Rotary Club luncheon in the Claypool. • - Candidates have been invited to attend a tea which will be given at 3 Sunday afternoon at 2810 Martindale avenue by the East End Women’s Democratic club. Meeting of the Eighth Ward Democratic Club will be held at 8 Monday night at 942 Ft. Wayne avenue. Joseph Zimerman of the Studebaker Securities Corporation, will address the Mercator Club luncheon Tuesday ift the Columbia Club. A bazar and entertainment sponsored by the International Labor Defense will be open at 5 this afternoon at Workers’ center, 932% South Meridian street, and at 2 Sunday r* ternoon. Proceeds will be used in efforts to gain the release of Theodore Luesse. Lavelle Gossett auxiliary, Veterans of Foreign Wars, will give a card party at 8 Sunday night at King avenue and Wallace streets. Executive board of the Grade School Teachers Association will meet at 4 Monday at the Children’s museum. Increasing class legislation was blamed for the depression by Ward B. Hiner, Liberty party candidate for Governor, in an address Friday night at 1201 Bates street. Dr. Raleigh Schorling of the University of Michigan will speak in Indianapolis Monday at 3:45 at school No. 10, 1255 Ashland avenue, cm “Mathematics in Junior High Schools.” The audience will be made up of principals of elementary schools and teachers of the seventh and eighth grades.