Indianapolis Times, Volume 43, Number 309, Indianapolis, Marion County, 5 May 1932 — Page 12

PAGE 12

DROP IN RAIL ISSUES SENDS STOCKS DOWN Slight Rally Around Noon Brings Leaders Up From Lows.

Average Stock Prices

Average of thirty industrials for Wednesday 54 88. uo .7*. Average of twenty ralla so ♦*. uo .15 Avertm of twenty utilities S3 90. uo S3. A vet* re of forty bonds 73.51. off .91. BY ELMER C. WALZER I nlted Press Financial Editor NEW YORK. May s.—The stock market experienced another sinking spell in the early trading today when railroad shares suddenly turned weak and plunged the average into new record low territory. Around noon, the list was steadier and prices were rallying from their early lows. Trading, however, continued dull and no attempt was made to follow up the advances from the minimum prices. Oil shares made the best showing, clinging near their previous closing levels. Utilities reacted with American Telephone touching 95%, off 2’* points, and within a fraction of its low since 1920. Steel Shares Drop Steel common dropped to 26%, off l l * and around noon was fractionally above that level. General Motors broke through its old low for the present shares, touching 9%, off ’■* on reduction in its dividend from 50 to 25 cents quarterly. At the opening Motors was firm, for the time giving the impression the dividend cut had been discounted. In the railroad group rallies from the lows were smaller than elsewhere in the list. New York Central touched a record low of 13%, off 2'.*, and then rallied slightly. Atchison made anew low for thirty-two years at 34%, off 3, and regained a point of the loss. Pennsylvania equaled its record low at 10%. Many Selling Orders No immediate explanation was given for the sudden downturn in the carriers, but the action of their bonds Wednesday was said to have brought in many selling orders in the early trading. Woolworth dipped to 31%. off 2% points, on publication of its sales report for April, showing a decline of 12.9 per cent from April, 1931. Homcstake Mining failed to appear on the tape in the morning. Traders were awaiting the opening on this issue following declaration of a dividend of 75 cents monthly, placing the stock on a $9 annual basis, against $7.80 and extras previously.

Bank Clearings

INDIANAPOLIS STATEMENT —May 5 Clearings $3 414.000 00 Debits 9,564.000.00 TREASURY STATEMENT May 5 Net balance for Mav 3 $723,596 260 72 Expenditure* 22.375,717.44 Custom* recta, mo. to date.. 1.301.360.17

Foreign Exchange

(Bv Jam's T. Hamlll A Cos.) —Mar S - Open. Sterling. England 3 fi(> Franc. France 0394'* Lire. Italy 0517 Franc. Belgium 1404 Mark. Germany 2382 Guilder. Holland 4063 Peseta. Snain 0794 Krone. Norwav 1865 Krone. Denmark 3005 Yen. Janan 3325

Investment Trust Shares

<Bv James T. Hamlll A Co.i PRICES ARE TO 12 NOON. C. S. T. —May 5 Bid Ask. Am Founders Corn com 'i * Amer and Gen Sec iA> 1 3 Amer Inv Trust Bhares 1 1 j P Collateral Trustee Shares (A> . . 2*4 3' Diversified Trustee Shares 'A> 6 Fixed Trust Oil Shares l’j ... Fixed Trust Shares A• 5*2 ... Fundamental Trust Shares (A * 3N S' 5 * Fiindamental Trust Shares /B' 2 J 3'• Leaders of Industry (A> 2* 2\ Mass. Inv. Trust Shares 12 13 ! , Hatton Wide Securities. 3' 2 J s Selected Cumulative Shares... 4' 4 s , Selected Income Shares 2' 2S Shawmut Bank Inv Trust 1 Std. Amer. Trust Shares 2' 2Super Corn of Am Tr. Shares 2 2 3 e Trustee Std. Oil (Al 3 3** Trustee Std Oil (B> 2'q 2*4 U S Elec. Light and Par. <A( 12 15*4

New York Bank Stocks

'Bv Thomson sad McKinnon t -Mv 4 Bid Ask. Bankers 4* Brooklvn Trust 139 Central Hanover 102 I°S. Chase National 2* l , 30', Chemical 2*; •£’* City National 32 * 34 * Corn Exchange 47>j SO 1 * Commercial 11* Continental 12’a 14‘j Empire 3J 22 First National I.l** 1-230 Guaranty 21* 223 Irvine 1* ■ 1® a Manhattan * Comoanv . 20 Manufacturers 22* 24*. New York Trust ff, 2 s , Public I® 1 a 21’*

Net Changes

fiy United Prnt NEW YORK. May 4.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Op. Off. Allied Chemical unchanged. 52'* American Can unchanged . 37* American Telephone !>"** H ... Atchison 37', i, ... Auburn ....... - J 3,3, 3 ••• Bethlehem Steel unchanged 12'* ... ... Case 20’. > ... Chrysler ... •* ’ ••• Consolidated Gas ... Du Pont 2* * ...‘ General Electric ..... 13'* ... 'a General Motors unchanged. 10 s Internatl Telephone unchgd s* ... ... Kentiecott . •* ••• 'a Loews Inc unchanged 23 ... ... Lorlllard lj : a ... Montgomery Ward ......... T *, ... National Biscuit S3', * ... New York Centra! unchgd . 13'* North American 23', 1 Pennsylvania 10’ * ' ... Public Service 4JJa ’a ... Radio unchanged 3 • Sears Roebuck !•** 1 ... Standard Oil New Jersey... 23 s , 1 Union Carbide 1"* 4 a ... Union Pacific 31 2 ... U S Steel 27*, ... WesUnghouse Electric 2 s , ’ ... Woolworth33 1 , ’ ...

New York Curb Market

'By Thomson * McKinnom —Mav ~ II M 11 M Am Cyanamld 2’. Great A * P. 125 Am Oaa * Elec 24*, Pulf OH 29’. Ark Oaa A 1 tnt Pet 9' Cent Sta Elec.. *, Newmont Mm., i Cities Service... 3'a Nat Bond A Sh 4> Con* Gaa of B 52'. Penroad I 5 * cortm Edison.. 70', 8t Regu Paper.. Elec Bond A S 11*. Std of Ind 1* Ford of Eng .. S 4 * Un Fndrs Goldman Sachs. 24*1

New York Stocks Bt Thomson A McKinnon i ———————

NEW YORK STOCKA -Hit 5 Railroad*— Prev. Hlfh bo*. 1! 00 Close Atchison 17', 4* . 34% 37'. 1 At] Coast Lin* 14% 14% I Balt A Ohio ... 7% 7% 7% Cno* A Ohio .. 19% 15% 15% 1% Chesa Corp .... 9% I I 9% Can Par. 19% IDS 19% 15% Chi Ort West a Chi N west 4't 4% C R I A P 3% 3% Del L Ac W 13 . Dei A Hudson 53 in* 4% Erie l*t Pfd 4% Great Northern 15 % 9% 9% ! IHmou Centra!. 10% 19% 50% 11 Lou A Nash ... 11% 11 11 13 M K A T 3% 3% Mo Pacific 3% 3% Mo Pacific pfd . 5% 8% 5% 5% N Y Central ... 15% 13% 13% 15% Nickel Fiat# a NY NH A H .... 13% 11% 11% 13% Nor Pacific 9% 9% 9% 10 Norfolk A West 75% 90 O A W 9 5% Pennsylvania .. 10% 10% 10% 10% Reading 17 Seaboard Air L % So Pacific 13 11 11 13 Southern Rv.„.. 5% 5 5 5% 18t Paul 1% iSt Paul Dfd 1% 8t L A 8 r 1 % ... Union Pacific... 51 47% 43 51 Wabash 1% W Maryland 3 Equipments— Am Locomotive.. 5% Am Steel Pd 4% Am Air Brake 8h 7% Gen Am Tank 15% 19 Oeneral Elec ... 13% 13% 13% 13% Gen Rv Signal 13% Lima Loco 10 N Y Air Brake 5% Pullman 14 13% 11% 14 Westmah Ar B 11% Weattngh Elec.. 33% 31% 33 33% Rubber*— Firestone 12 Plsk % Goodrich 3 % Goodyear 10 97* 9% ... Kellv Sordid 1 Lee Rubber $ U S Rubber 33% Motor#— Auburn 34 31% 31% 33% Chrysler 1% 3% 9% 8% General Motors 10% 10% 10% 10% Graham-Pale* 1% 1% Hudson 4 37a • 3 Marmon % Nish 9% Psckard J% 2% Pierce-Arrow ..* 3 Rro l*, ... Studebaker 4% 4% White Mot 8 Yellow Truck 2 Motor Arc***— Bendix Aviation. ... 8% 8% Borg Warner 5% Briggs 8 Budd Wheel 1% Eaton ... ... 4% E! Auto Lite 12 11% 11% 12% Ei Storage B 17% Hotida 2 Motor Wheel 3% Murray Body 4% Sparks-W 1% Stewart Warner 2% Timkin Roll 137a 13% Mining— Am Smell 8% 8% 8% 8% Am Zinc 4% Anaconda Cop.. 4% 4% 4% ... Alaska Jun 11% 19% 10% ll Cerro de Pasco.. B'* 8% % fi Dome Mines 8% 8% Freeport Texas 14% 14% Granby Corp 3% Great Nor Ore 8% Howe Sound 6 Int Nickel s*. 5% 5% 5% Inspiration 2% 2 Isl Crk Coal 10', Kennecott Cop.. 7 6% 0% 6% Nev Cons 3% 3% Noranda 12% 12 12 127a Texas Gul Sul... 17% 17% 17% 17% U S Smelt 13% 13 Oils— Amerada 14'% Atl Refining .... 10 9% 9% 9% Barnsdall 4 47 a Houston 2% Mcx Sbd 8% 7% 7% 8 Ohio OH 6 6% Phillips 3% 3% 3% 3% Prairie Pipe 8% Pure Oil ... 3% 3% Royal Dutch 18% Bhell Un 27% 2% Simms Pt 37a Cons Oil 4'% 4% 4% 47k Skellv 3% Standard of Cal 18'* 17% 177a 18% S’andard of N J 24% 23% 23% 337* Soc Vac 8% 8% 87* 8 Texas Cos 10% 10% 10% 10% Union OH 10 Steels— Am Roll Mills.. 5% 5% 5 % 5% Bethlehem 12% 12% 12% 12% Bvers A M 8% 8 8 8% Colo Fuel 4% Cruc Steel 9 9 Inland 13 McKeesport Tin 35 34 34 35 Midland 3 Repub lAS 3 U S Steel 28 28% 28% 27% Vanadium 7 7 Youngst SAW 37* Tobaccos— Am Tob Anew 82 83% Am Tob B new.. 86% 84 64 66% Lig A Myers B. 46 45% 45% 45** Lorillard 13% 13% 13% 13% Reynolds Tob .. 31% 31% 31% 31% Utilities— Ahitibi % ... Adams Exp. 2% 2% 2% V. Am Por Pwr ... 37a Am Pwr A Li 87* A TA T 97% 95% 95"* 97% Col Gas A El 8 8 Com A- Sou. .. 3** 2% 2% 2% Cons Gas 49% 47% 47% 497* El Pwr A L 1... 7 6% 87* 8% Gen Gas A 1 Inti TAT 574 57* 57* 5% Lou Gas A El 167a Natl Pwr A Li 12 12 No Amer O . .23% 22% 23% 33% Pac Gas A EI 25% 26% Pub Scr N J.. 42% 40% 40’, 427a So Cal Edison... 24 23% 27% 23% Std ® A E 1... 16% IS'a 15% 15% United Corp 6% 8 6 67* Un Gas Imn ... 18 15% 15% 16% Ut Pwr A- L A 2% 2% West Union... 22% 21 21 23 Shipping— Am Inti Corp 4% N Y Ship 2% United Fruit... 15% 157a 15% 16 Food*— Am Su* I^*2 Armour A Beechnut Pkt 37 Cal Pke 5% Can Drv 7% 7% Childs Cos ... 7% Cora Cola 91% 88% 99 91% Cont Baking A . .. Corn Prod 32% 32 32 32% Crm Wheat 19 ... Cudahy Pkg ... 28% Oen Foods 30 39% 29% 307* Grand Union ... 5% 5 5 57* Her she v ... ... 547* Jewel Tea 217* Kroger 12 12% Nat Biscuit .... 32 31% 31% 327* Natl Dairy 22% 21% 21% 22% | Purity Bak 6% 8% 6% 67* Pillsbury J97* Safeway St <3% 4S7a Std Brands 10% 10% Drugs— Cotr Inc 274 Drug Inc 36% 35% 35% 37 Lambert Cos 34% 33% 33% 34 Leh.i A Fink 15 15 Industrials— Am Radiator 4% 4% Bush Term 7% ! Gen Asphalt 7% ... Lehigh Port 4% ... I

Radio Talent Sought in Times-Ballroom Contest

Week's Engagement at Roof and Cash Prizes Among Awards. Have you entered The TimesCharlie Davis Amateur Contest? If you are talented and intend to enter the Davis-Times hunt for radio talent, do not but it off until the last minute. Remember, the contest closes Saturday night and The Times and Indiana roof ballroom literally are swamped with entries. Just fill out the entry blank and mail it to The Times-Charlie Davis Contest Editor, or take it to the roof ballroom Friday night. (The ballroom is not open for dancing on Thursday nights.) Charlie Davis, former Indiana Theater master of ceremonies, now with his dance orchestra at the Indiana Roof ballroom, believes there is an abundance of talent 'or radio entertainment here in Indianapolis. Frank Sharp, program director of radio station WFBM. and Tom Devine, manager of the Indiana Roof, agree with him. and have joined Davis in his search for an amateur radio champion. Any person over 16 years old Is eligible to compete for the championship toniy recitations are barred*. Preliminaries are b'mg held on the Indiana Roof each night, when a group of contestants is selected by capable judges to enter the contest finals in the ballroom Saturday night. Pricjfr to the finals, a last preliminary will be staged, in which all persons who have not performed

Otis Eire 11% 13% 13% 13% Ulen % Indue Chens— Air Red *7 Allied Cbem .... 82 • 49’* 50% 52 * Com Solv 5% s** 8% 8 Dupont 28% 27% 27% 38% Union Carb 17% 18% 19% 17% 0 8 Ind Alao 1 “• Retail Stares— Asaoe Drv Ods . .. ... * Kretge 8 S ... 10% 10 10 10, Mav D Store . . „ • ■ 1* * Moat ward .... 6% 8% J}% 7 Pfnnv J C 31 30% 20% 30% Bears Roe ’.8% 15% 15% 18-* Woolworth ... 32% 31% 31% 33% Amusements — Croslev Radio.. .. ... ... |% Eastman Kod.. 46 44** 45 46% Fox Film A .... 2. 2 Origsbv Oru .. % * _ % „% Loews Inc .... 22% 31% 31* 22 Psram Pam. .•• 2% 3 Radio Corn 4 3% 3’* 3% R-K-O ~, * Warner Bros % , * Miscellaneous— Cttv Ice A Fu.. 18 17 17 18 CWiWMiwm. 7% Proe. A Gam 2®}* S ?!‘ Am Can 37% 35% 38% 37% J I Case 20% 19% 19% *o^* Cont Can 34% 23 23 24% Curtiss Wr 1 , ,1 Oillette 8 R ... 13 127* 12% 12% Gold Dust 11% 11% 11% }l% Int Harv 1> Int Bus M Ml* Peal 811 k 3% 3% Un Areft 10% 10% 10% 10%

The City in Brief

FRIDAY EVENTS Exehange Club, luncheon. Washington. Optimist Club, luncheon. Claypool. Altrusa Club, luncheon. Columbia Club. Sahara Grotto. luneheon. Gretto home. Phi Delta Tfheta, luneheon, Washington. Reserve Offirers' Association, luneheon, Board of Trade. Indiana Council on International Relations. dinner. *. Splnk-Arms. Indianapolis Turners, exhibition, 8:13, Athenaeum. Y. M. C. A., elreua. 8. Central "Y. Mathematical Asooeiation of America, dinner. 6:3, North M. E. church. “Life in a Catholic Monastery.” will be the subject of the Rev. Hilary De Jean, professor of Latin and English in Jasper academy, when he addresses the Exchange Club at luncheon Friday in the Washington. Victor Dannacher will sing. The annual sales convention of Universal Pictures to be held Sunday and Monday in New York, will be attended by Floyd Brown, manager of Universal Film Exchange, Inc., 326 North Illinois street. Le Grand Payne will be the speaker at the semi-monthly meeting of the Indiana Stamp Club in the Lockerbie Friday night-. His subject will be the 5-cent Rugenot Walloon stamp. Speaker for the meeting May 20 will be Carlton B. Smith. He will discuss air mail stamps. Arch Ball, police ballistic expert, addressed the Shrine Caravan Club at a luncheon today In the Murat temple. Proposals that every woman who becomes a mother of a child be pensioned until the child is 10, will be discussed tonight by Ward B. Hiner, Liberty party candidate for Governor, in an address at Compton hall, 2001 Winter avenue, before a First ward mass meeting. Prominent persons from all points of the state will hear Dr. Hubert C. Herring of Mexico speak on "Mexico and Latin America,'’ at a dinner tonight in the Spink-Arms. THREE NABBED IN RAID Police Charge Contributing to Delinquency of Girl 17. Charged with contributing to the delinquency of a 17-year-old girl, two men, one said to be a former convict, and a woman were arrested today on a series of charges. According to Information placed In the hands of police by the girl's father, the girl was lured into an alleged house of ill-fame. Under arrest are Miss Nellie Dean. 38. of 416 West North street; Ivan Ruben. 20, of 3112 West North street, and his brother, Walter Ruben, 31, who police say, is an ex-convict. Police raided the home of the two men Wednesday, asserting they confiscated seventy-four quarts of home brew, with fifteen gallons brewing. They also claiirrtd they seized several dozen morphine tablets in Miss Dean's home. In the Air Weather conditions at 9 a. m.: Southwest wind, twelve miles an hour; temperature, 72; barometric pressure. 29.96 at sea level: ceiling, clear, unlimited; visibility, 20 miles; field, good. Bail Luck Comes in Bunches By United Prc SPRINGFIELD. Mo.. May s.—As though running his machine in the ditch wasn't enough hard luck for one day, J. D. Waddle, bus driver, broke his leg trying to pry it out. A heavy pole slipped and crushed the leg.

before that time will try out in front of the ballroom’s public address system microphone. In addition to the championship, the contest winner will be awarded a one-week engagement in the Indiana ballroom, will be given an audition without charge in radio station WLW’s Cincinnati studios, and will share in cash prizes totaling $25. Winners of each preliminary are featured during Charlie Davis’ broadcast from the ballroom over radio station WFBM. at 11 each night. Send in your entry blank now.

NameAddress— Age Phone Kind of Talent— Ever paid for performance?

Winners of the Wednesday preliminary. who will compete in the finals Saturday evening, are: Johnny Droke. Bargersville. Ind.; Vivian New Palestine. Ind.: Charles Metcalf, 1254 Eugene Street, and Sidney Haase, 2825 Central aynye

THE INDIANAPOLIS TIMES

SWINE PRICES MOVE OFF ON SLOW DEMAND Cattle, Calves Unchanged to Higher: Sheep Show Dull Tone. Slightly lessened demand was responsible for a drop in hog prices this morning at the city yards. The decline was held to 15 cents in most classes. The bulk. 100 to 350 pounds, sold for $3.35 to $3.75; early top holding at $3.75. Receipts were estimated at 6,000; holdovers were 142. Cattle were steady, receipts numbering 6CO. Vealers gained 50 cents, the bulk selling at $6.00 down. Calf receipts were 600. Market in sheep was undeveloped with indications around steady. Receipts were 1,100. With the market not established in early dealings, hog prices at Chicago this morning showed an irregular trading range. Generally asking steady at Wednesday's average, while bidding held around 10 cents lower. The bulk, 160 to 200 pounds, were bid $2.65 to $3.75. Lighter weights averaging 140 pounds, sold at $3.50. Receipts numbered 24,000. including 7,000 direct; holdovers 5.000. Cattle receipts, 6,000; calves, 6.000; market steady. Sheep receipts were estimated at 10,000; market strong. i HOGS April. Bulk. Eerlv Top. Receipt* 28 $3.35 fi 3.75 $3.75 6.500 39. 3.359 3.75 3.79 4.000 30. 3.35* 3.75 3.75 3.000 Max 3. 3.50® 3.90 3.90 4.000 3. 3.50® 3.90 3.90 4.000 4. 3 50® 3 90 3.90 4.000 5. 3.356 3.75 3.75 6.000 Reef lot*. 6.000; market, lower. 1140-160’ Good and choice...s 3.75 —Light Lights—- • 1 ®O-1801 Good and choice... 3.71 —Light Weights—--1180-200) Good and choice .. 3.75 1200-230) Medium and good.. 3.65® 3.70 —Medium Weights—-’22o-250) Good and choice... 3.556 3.<55 ’250-290) Medium and good .. 3.45® 3.50 —Heavy Weights—-’29o-350) Good and choice... 3.35® 3.45 —Packing Sows—-<3so-500’ Medium and g00d... 2.506 3.00 1100-130) Slaughter Digs 3.75 CATTLE Herein!*. 000; market, steady. Good and choice $ 5.75® 7.50 Common and medium 3.50® 5.75 _ J 11.100-I.Boo’ Good and choice 5.75® 7.50 Common and medium 4.506 5.75 —Heifer*— Good and choice 5.35® 8.50 Common and medium 3 50 ® 5.25 —Cows— Good and choice 3 25® 4.50 j Medium 2.75® 3.25 Cull and common 1.506 2.75 —Bulls (yearlings excluded)— Good and choice beefs 3.00® 3.75 Cutter, common and medium 2.00® 3.00 CALVES AND VEALERS Receipt*, 800; market, higher. —Vealera— Good and choice $ 5.50® 8.00 Medium 4.00® 5.50 Cull and common 2.50® 4.00 | —Calrea— Good and choice 3.50® 5.00 Common and medium 2.506 3.50 1 —Stocker and Feeder Steer#— Good and choice 4.50® 8.00 Common and medium 3.50® 4.50 _ . 1600-1.500) Good and choice *... 4.50® 8.00 Common and medium 3.50® 4.50 SHEEP AND LAMBS (Shorn Basis) Rereipta, 1.100; market, ateadv. Good and choice $ 6.00® 6 50 Soring lambs 5.00® 800 Common and medium 4.00® 6.Q0 Ewes, medium and choice... 2.35® 3.00 Cull and common I.oo® 2.25

Other Livestock By United Prut CHICAGO. Mav s.—Hosts—Receipts. 24.000: including 8.000 direct: 5 to 15c lower: light lights, steady; 170-210 lbs.. *3.65' 3.80: top. *3.80: 220-250 lbs.. *3.50® 3.70; 260-340 lbs. .$5.25*13.50: 140-160 lbs.. $3.50 ‘/3.70; pigs. *34 3.25: packing sows. *2.B> "3.10; light lights. 140-160 lbs., good and choice. *3.501*3.70: light weights, 160-200 lbs., ood and choice. *3.550 3.80: medium , weights. 300-250 lbs., good and choice. 1 53.45';/3.50: heavv weights. 250-350 lbs . good and choice. $3.20*13.55: packing sows. 275-500 lbs., medium and good. $2.75*13.15; •slaughter pigs. 100-130 lbs., good-, and choice. *303.80. Cattle—Receipts. 1.000: calves. 2.506; fed steers and vearllngs more active at firm prices: butcher she stock sell steady: bulls, steady: vealers strong; *7.25 top on long vearlings and medium i weight steers. Slaughter cattle and vealers—Steers. 600-900 lbs., good and choice. *607.50: 900-1100 lbs., good and choice, 56.25f 7.50: 1100-130 C lbs., good and choice. 56.23<5i7.75: 1300-1500 lbs., good and choice, $6.2507.75: 600-1300 lbs., common and medium. $4.5006.25; heifers. 550-850 lbs.. good and choice. $5.2506.50: common and "’f'tium. *3.754/5.25: cows, good and chice. $3.5017.4.75; common and medium. *2.50*/ 3 50: low cutter and cutters. $1,254/2.50: bulls, vearlings excluded, good and choice beef. s3*/4.25: cutter to medium $2.50# 3.10: vealers. milk fed. good and choice. $5 25*/ 6.50: medium. *4.500 5.25: cull and common. *3fi>4.so. Stocker and feeder cattle—Steers. 500-1050 lbs., good and choice. *s*/6: common and medium. $3.7505. Sheeo—Receipts. 10.000: few sales to outsiders steady with Wednesday's advance, desirable spring lambs. *7.25*77.75: choice old crop wooled lambs bid *7. Slaughter sheep and lambs—Spring lambs, good and choice. *7.50*/8.25; medium. *8:750 7.50: common. *606.75; lambs. 90 lbs. down, good and choice. *606.75; medium. *5.25 06: 91-100 lbs., medium to choice, *s*i 6 65: all weights, common. *3.50@5: ewes. 90-150 lbs., medium to chotee, *102.25: all weights, cull and common. 50c*7*1.50. Feeding lambs—Feeding lambs. 50-75 lbs., good and choice, none. By United Prett PITTSBURGH Mav 5 Hogs—ReceioV.. 2.300: market, slow. 5 to 10c lower: 140i 210 lbs.. *3.85*74.10: 220-250 lb* . *3.650 I 3.75: 260-320 lbs.. *3.35*73.60: pigs. *3.50 03.80. Cattle—Receipts. 25: market, around steadv: medium steers auoted. $5,256*6.25: good kind up to *6.75: medium to good heifers. **.50*75.75: medium and good cows. *3.1504.25: lower grade cows. *15003: sausage bulls. *2.8503 50. Calves —Receipts. 300: market, slow: vealers. about steadv: better grade. *SO 6. Bheep —Receipts. 1.300: market, slow, lambs, steadv to weak: best shorn lambs. *6.25: bulk better grade *506; variably spring lambs. *8 downward. By United Prett CLEVELAND. Mav s.—Hogs—Receipts. 1.500: holdover none: market, steady; 140-330 lbs.. *3 90; 240-300 lbs.. *3.60# 3.70: pigs. *3473 75. Cattle—Receipt* 200: market, steadv to easier, common to medium steers. *SO 5.75: cows. *1 7504. Calves—Receipts. 500; vealers weak to 50c lower, better grades. *5.500 6: cull to , medium, *3.5005. Sheep—Receipts. 1.000. lambs near steadv: quality considered. I sheep weak to unevenly lower, shorn lambs. *6'./618; nothing loppy included: cull to medium, dull. *204 50; good ewes *2. r.t, Timet Special LOUISVILLE. Mav s—Cattle—Receipts. 200: steadv: bulk, common and medium slaughter steers and heifers. *4.5005.25: gootf to (6 or better beef cows *3 50 down: low cutters and cutter cows. *1.2502.50; bulls. *325 down: bulk light stockers. $4.500 5.25. Calves—Receipts. 300; steady: good and choice vealers. *4*74.50: medium and throwouts. *3 down. Hoes—Receipts. 800: market 15c lower: 170-220 lbs.. *3.40: 225-255 lbs.. *3.10: 260-295 lbs.. *2.75; 300 lbs. up. *2.25; 140-165 lbs.. *3.90: 135 lbs. down. *2.40: sows. *1.2502: stags. *l. Sheep—Receipts. 1.500; not fully established; few bids and early sales about steady at *8#6.50 for better grades with Indications that bulk of run will sell on this basts: light springers in narrow demand around *6: throwout springers mostly *5.50: old crop lambs. *5 down: most fst ewes *2 down. Wednesday's shipments: Cattle. 29: calves. 245. and sheep, 1,405. By United Prett CINCINNATI. O. Mav '—Hogs—Receipts. 4.000: including 1.275 direct: held over 140; market, uneven, generally 10c lower on 160 to 260 lbs.; roots 15c lower: lighter weights. 5c lower, heavier weights unevenly steady to 10c lower: better grade 160-230 lbs.. *3.7003.80: mostly *3.80 on 220 lbs. down: some 210-220 lbs . *3.75; 235-375 lb*.. *3 4003.70: a few 300 lbs.. $3 25; some bids on 260-300 lbs . *3 100 3.25: 120-150 lb*.. *3.60; sows mostly *3 50: a few *2.75. Cattle—Receipt*. 700; calves 600: slow, about steady: odd lota common and medium steers and heifers. *4 25 05 50 some better finished kind *5 7506: beef cows. *3 254/3.75: some *4: low cutters and cutters *1.7503. bulls weak: practical top *3.35: vealers steady, good and choice *505 50 mostly: lower grades *4. 0 down. Sheep—Receipts. 600: market, steady: supply light: better grade spring lambs mostly *8 50: some *8 75; common and medium *607.50: a few old crop clippers. *5 down: best quotable up to *6: aged ewea *lO2 mostly. By United Prett TT WAYNE. Ind . May B.—Horn—Market. steady to 14c lower; pigs, 83.35#3.50: lights. >3 500 3 60: light lights. *3 3503.50; medium *3 3503 45: heavies. *3.1503 38; toughs, |l 78; stags. *1.75. calves, 15.50;

BELIEVE IT or NOT

BERRY fAAN-TexMKona.Tev ! —uJBT H Placed 3 Different instruments - ~ in 3 fCmcmnstitoN** Orlwvs) Y/IYG SPAN of ONLY 8 FT WAS SUCCESSFULLY FlOWtf BY ST ZuciOOb -SANDLIV PROF, FH GIVEN, Miami. Fla. *— f-S v Miss-

Bright Spots of Business

By United Prea* WASHINGTON. May 5.—A return of confidence in the banking system and improvement in the financial situation were favorable economic factors in March and April, the commerce department announced. rADUCAH. Kr —lllinois Central Railway on May 2, returned 400 maintenance of way employes to Its Kentucky division, according to C. M. Chumley, division engineer. CHARLESTON. W. Va.—United Carbon Cos. reported net profit for the first quarter totaled $61,667 against $22,257 in the first three months of 11931. NEW YORK—M. H. Flshmsn Cos., operators of 5 cents to $1 stores, reported sales for the four months ended April 30. amounted to $616,738 against 8558.365 in the corresponding period of 1931, a gain of 10.4 cents. BOSTON—Heavy potato movement was expected to result in an excellent April earnings statement by the Bangor A Aroostok railway. DETROIT—De Soto Motor Corporation has advanced t-a fourth place in national sales with a 40 per cent gain over figures for the first quarter last vear. L. G. Peed, general sales manager, announced.

Produce Markets

Delivered In Indianapolis prices: Hens, heavv breeds. 12c; Leghorn hens. 11c; Broilers, colored springers. 2 pounds uo. 17c: Leghorn and black. 14% pounds up 14c; bareback and nartiv feathered. 10c. Cocks and sues. 6c: Leghorn cocks. 4c. Ducks, large white full feathered and fat. 7c; small. sc. Geese full feathered and fat. 5c Young and old guinea:. 15c. Eggs— No. 1 current receipts. 10c. Butter. 26 to 27c: undergrades. 24 to 25c. Butterfat. 22c. These prices for healthy stock free from feed bv the Wadlev Company. By Timet Special CHICAGO. Mav s—Eggs—Market, firm: receipts. 22.208 cases; extra firsts. 13*20 14 * 4 c: firsts. 12'/2i 13%e: current receipts. 11013 c: seconds 104711 c. Butter—Market, unsettled: receipts. 7.696 tubs: extras. 17'c: extra firsts. firsts. 164/ 16'ic: seconds. 14015 c: standard, 17*,c. Poultry—Market, firm: receipts. 34 trucks: fowls. 13*.2016c: Leghorns. 13c: ducks. 11 014 c: geese. 8c: turkrvs. 150 20c: roosters 18#22c: Leghorn broilers. 18c: stags. He. Cheese—Twins. 9 J ,olO*ic: voung Americas. Potatoes—On track. 175: arrivals. 58: shipments. 640: market, steadv to sllghtlv stronger: Wisconsin Round Whites. 80090 c; Idaho Russets. $1.30#1.40; Texas triumohs. *1.5001.60: Minnesota and North Dakota cobblers. 804785 c. By United Prett CINCINNATI. 0.. May 5 —Butter—Parking stock No. 1. 18c; No. 3.11 c; No. 3.9 c: butter fat. 13015 c. Egg?—Steady: cases included: extra firsts. 12c: seconds. 9 1 a: nearby ungraded, ll’ie. Live poultry— Thin and coarse stock sells only at heavv discount; fowls. 5 lbs. and over. 13c: 4 lbs. and over. 13' 2c; leghorns. 3 lbs. and over. 12'iC: roosters. 7c: colored broilers. 1 lb and ovar. 18c: It* lbs. and over. 21c: 2 lbs. and over. 21c: partiv feathered. 15r: leghorn broilers. 1 lb. and over. 18c; l’j lbs. and over. 20c: 2 lbs. and over, 21c; black springers. 12c: ducks, under 3 lbs , sell at liberal concessions: ducks, white. 4 lbs. and oevr. 12c: under 4 lbs.. 10c; colored. 4 lbs. and over. 12c; under 4 lbs.. 10c; turkeya. No. 1 hens, 8 lbs. and over. 16c; young toms. No. 1, 10 lbs. and over, 16c. Marriage Licenses William E. Miller. 30. Plvmouth. Wis., farmer, and Dorothea W. Rosebrock. Indianapolis. Route 4, Box 612. Robert Reed O'Hara. 29. of 114 East Ohio street, cashier, and Madge Leone Johnson, 23. of 336 East Vermont street, waitress. William A. Davis. 34. of 720 North Delaware street, plumber, and Viola C. Evans. 28. of 633 Ft. Wayne avenue, houseworker. Forrest C Black. 31. of Terre Haute. salesman, and Alma C. Wood. 21. of 407 East Twenty-fourth street, power-machine operator. Pred A. S. Vlehe. 23. of 902 Congress avenue, clerk, and Agnes Feme Eaton. 24. of 624 West drive. Woodruff Place, stenographer. Harold Edward Haines. 35. of 3510 North Meridian street, salesman, and Doris Dean Bramlett. 28. of 2257 North Illinois street, houseworker. Edwin A. Dehn. 36. of 1219 South Meridian street, clerk, and Beulah Anderson. 33. of 2313 North Harding street. Dr. Paul Coniey Furgason. 28. of 5241 Park avenue, medical doctor, and Frances Dorothy Krieg. 27. of 4510 Park avenue. Carl A. Rader. 31. of Route 10. Box 388. food salesman, and Elisabeth E. White, 29, of 1541 College avenue, clerk. Births Beva Loren and Mabel Miller. 1850 Medford. Ferdinand and Grace Basler. Christian hospital. . Girl* Leonard and Rose Sauers. 2039 Mabel. George and Helen Worley. 41 South Sherman drive. Isaac and Ruby Roller. 183* Fletcher. Deaths Fred Btambaueh 46. 427 South Kevstone. cerebral hemorrhage. Charles Moore. 65 3510 West Michigan, cerebral hemorrhage. Roseoe Bncken. 1 mo.. 633 Eatt Maryland. broncho pneumonia. Georgia Wvnn. 58. St Vincent s hospital. carcinoma. Ruth Townaend. 44. Indiana Central hospital. chronic Interstitial nephritis. George Mueller. S3, city hospital, septicaemia. Mabel Skaaes. 40. Community hospital, acute cardla dilatation. Jamea McDonald. 7. Rilev hospital, lobar pneumonia. Wllllem Marshall. 46. Long hospital, accidental. NEW YORK COFFEE RANGE —May *— * High. Low. Cloae March May 8 40 * 16 * 40 July IN *ls 6 *5 December •**••*•*,•*# # 6-60

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 Wednesday’s Times; The Matrimonial Waistline— The Papuan “mary” (wife) is a valuable commodity, for the reason that she is the breadwinner of the family and labors to raise its food. Obesity in a man lessens his matrimonial chances by raising the purchase price of a wife to an extravagant figure. A slim waist, indicating frugality on the part of the youth, is one of the prime requisites of a successful suit. The young man I drew at Port Moresby. New Guinea, had bound his waist a few years previously and has succeeded in reducing his waistline to about 50 per cent below normal. The permanent bandage considerably has improved his chances for a bride. The Bower Bird—The species is very remarkable for the curious bowers or playgrounds it constructs in the neighborhood of the nest. A platform is raised in the clearing of an undergrowth with the aid of twigs and branches. The platform is ornamented with bleached bone, bright shells, moss, berries, feathers and any shining object within the reach of the builders. In the center of the platform the bird raises two bower-like walls. Under the bowers the sexes disport themselves, flirting and paying court day after day. The Widow’s Crawl —The lot of the widow in New Oui iea is a very sorry one indeed. For a week following the burial, she is obliged to spend the night outside of her house on the temporary grave of her departed husband. As soon as the body is placed within its permanent tomb, the widow must crawl to it every daybreak in the wake of a spear, which an obliging friend drags on the ground before her. She also must refrain from eating pork during the first twelve months of her widowhood. When these customs were called to my attention, I tried to elicit some explanation of their meaning from the old natives. All I succeeded in obtaining was a cryptic “him belong long fashion” (that is an old custom") in the quaint pidgin English of the country. Friday—The Official Sickness Catcher. Other Livestock By United Prett EAST ST. LOUIS. Msv 5 Hogs—Receipts. 10.500; msrket. slow, opened 10c lower: top. *3 60; early sales 150-320 lbs.. *3.4503.55; little action on 220 lbs. up: 100-140 lbs.. *3 0 3 35: sows mostly 12.40 0265. Cattle—Receipt*. 2.000. calves. 1.000: market, generally steady and active: steers, largely *6#6.85; mixed yearlings and heifers, *4.780 5.50: cow*. *2.7503 50: low cutters. *1.2501.75; bulls. *2.2502.85: best vealers. *5.75. Sheep—Receipts, 2.000; market, sprint lambs steady to strong; most *6.750 7.50: asking higher for other classes: better wooled lambs above. *6.50. Desirable clipped held above ts. By United Prett LAFAYETTE, Ind . Mav s—Hogs Market 15c lower; 160-200 lbs., *3.50; 200-210 lbs.. *3.45; 210-225 ibs.. *3.40; 225-235 lbs.. 13.35: 235-250 lbs.. 12 30; 350-375 lbs.. *3 35: 275-300 lbs.. (3.20; 300-325 lbs. *3.10; 130-160 lbs, *3.35; 100-130 lbs. *3.25: roughs. *2.80 down; top calves. *5; top lambs, *6. By United Prett TOLEDO. May s.—Hogs—Receipts. 200 market steady to 10c lower; top. *3.50# 3 65; mixed. *3.5003.65: bulk. *3.500 3.65 pigs. *3.25: lights. *3 2503 40: roughs. *2 02 25. Cattle—Receipts, 50: market, slow. Calves—Receipts liberal: market 50c lower; ! choice to extra. *SO 5.50; fair to good *4 05. Sheep and lambs receipts light: market. slow, steady.

Gone, but Not Forgotten

Automobiles reported to police as stolen belong to: Emma E. Kills. 509 Virginia avenue, Oldsraobile coupe. 66-577, from rear of 409 Virginia avenue. James Surface. 5654 Carrollton avenue. FOrd tudor. from 300 North Illinois street. G. A. Sander? 1406 South Harding street. Dodge sedan. 129-463. from Ohio and West street*. Mrs. Vivian MeCov. New Augusta Ind.. R. R. 17. Box 276. Ford coupe, 505-934. from 400 East Micr..gan street. Ida Evans. 2018 Boulevard place, school bu*. Ford, model T. from in front of 3018 Boulevard place.

BACK HOME AGAIN

Stolen automobiles recovered by police be toxic to; Capitoi Ice and Refrigeration Oompany, 356 West North streef Pontiac Coupe, found in alley in of 1117 Shelby St Hupmobile sedan. 59-195 found la rear X 706 North New Jersey sueet.

|! V Registered V. 9. If 1 Patent ORlee RIPLEY

Dow-Jones Summary

Homeatake Mining Companv declared a monthly dividend of 75 cents a share, against 65 tents In previous month, placj ing stock on $9 annual basis, against (7.80. previously: -dividend payable May 26. of j record May 20. Ritter Dental Manufacturing Company. Ine_. and xubsidiaries In year ended Dec. 31. 1931, reported net profit of $235,911 after depreciation, interest, federal taxe*. minority interest, etc., equal to $067,080, or $3.08 a common share in 1930. American Power and Light Companv declared the regular quarterly dividend of 25 cents on common stock, but omit* semiannual dividend of 2 per cent on common due at this time: cash dividend payable June 1. of record May 14. American Rolling Mills in March quarter showed net loss of $571,017 after all charges, against $663,049 in March 1931 Quarter. r Atlantic Gulf and West Indies 8. 8. in 1931 earned 87 cents a share on 5 per I cent preferred, against $4 93 on average 1 5 per cent preferred shares outstanding in 1930. Houdaillr Hershev Corporation in March quarter reported net lots of 9253,392 after all ebarret. Atlas Powder Companv a dividend of 25 on common stock, payable June 10 of record Mav 31: In previous Quarter 50 cents was naid nrlor to which stock was on a $4 annual basis. Collins Alkman Corporation declared the regular Quarterly dividend of *1.75 on oreferred stock, payable June 1. of record Mav 20. Pennsylvania Comoanv in 1931 quarter showed net earnings amounting to $2.37 a share, against 83.44 in 1930. Thertnold Comoanv in March quarter showed net loss of $108,685 after *ll charges, against *101.679 In March 193! quarter. American and General Securities Corporation declared the regular quar- • erlr dividend of 10 eenls on class A common sleek, parable June 1, of record Mav 14. Art. Metal Construction Companv in March Quarter repoißed net loss of *lO2 381 after all charges against *30.548 In March 1931 quarter. E. J. Brach * Sons declared a dividend of 10 cents, payable June 1. of record Mav 14. Missouri. Kansas A- Texas in 1931 earned *l.Ol a share on 7 ner cent preferred stock, against *3,01 a common share after oreferred dividends In 1930. Slreg4a Taper Companv in 1931 reported net inromr of $915,803 after all charge*, including extraordinary chargee, against *4.257.521 in 1950. General Motors declared the regular I ouarterlv dividend of 25 cents on com- j mon stock, against 50 cents previously.

In the Cotton Markets

—May 1— CHICAGO . High. Low Close. January 6 2n 6 10 6 30 1 March 6 39 6 32 * 34 May 5 62 : July 5 80 5,65 5.75 October 6.02 5.88 5.97 j December 6.15 6 04 6.11 NEW YORK . High. Low Close January 6 17 6 03 6 10: March 834 6 20 6 35 1 Ma v 5 54 5 44 5 52 Julv 5 72 5 56 1.63 October 5 98 5 81 5 88 ! December 6.10 5.95 6.01 NEW ORLEANS High. Low. Close January 610 5 97 6 08 March 6.38 6 21 8 34 Mav 5 52 S 42 5 50 July 8.70 5 54 5 63 October 5.93 5 77 5 87 December 6 02 5 92 8.01

Local Wagon Wheat

City grain elevators are paring 42c for No. 2 red wheat and 42c for No. 2 hard wheat. Chicago Stocks Opening (By James T. Hamlll A Cos ) —May 5 Borg Warner... S’ ,Ub McNeil prod I*, Cities Serv .... 3, Middle West ... by Cont Chi com.. Swift A Cos .... 10' 1 Comm Edison... 71'> Swift Inti 14% Insul! com .... 5* Walgreen Str*.. 9 Ir.sull 6s '40... 1,

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS New York Stock Exchange Chicago Stork Exchange New York Cottos Exchange Chicago Board of Trade New York Curb Association Rooms 200-214 Circle Tower Telephone Lincoln 55*1

JMAY 5, m2*

WHEAT SHOWS EASY TONE ON WEAK CABLES Support Is Light at Start of Trading: Corn Is Irregular. BY HAROLD E. RAINYILLE United Free* SUIT Cerrespondeat CHICAGO. May s.—Wheat opened slow and easy on the Board of Trade today with scattered selling on the weak cables. Support was light at the start with traders In somewhat of a waiting mood. Stocks were steady but Liverpool was dull and easy. There was little in the news overnight to encourage action on either side of the market. Com was unevenly steady with some selling in May and buying in the deferred months. Oats was slow and uneven with corn. At the opening, wheat was ** to % cent lower, corn was % cent lower to % cent higher, and oats, % cent lower to % cent higher. Provisions were slow and steady. With Buenos Aires and many continental points closed for a religious holiday. Liverpool was slow and slightly weaker than dup, showing unchanged to % cent lower at mid-afternoon. Sentiment in corn is more twosided. With Chicago prices under Buenos Aires, there is talk of an export demand but no sales have been reported. Lighter country offerings and a good cash demand have aidpd the market recently. Oats displays considerable firmness at times. Export demand has been reported with some sales made but this is mostly of Canadian sorts. Crop reports continue favorable.

Chicago Grain Range —Mav 5 WHEAT— Prev. High. Low. 1100 close. Jlllv 58% .55% .55% .58% September .. .58% .57’* .57’, 58% December ... .61% .80% .80’, 61% CORN - Julv 31% .31% .31% .31% September ... .34% .33% -32% .34% December ... .34% .33’, .33’* .34 Ju?v ATS 77 .22% 22 .22 .22% September ... .22% .22% .22% .22% December 24 .24% RYE— Julv .38’, .38 .38 .38-* Seot*mber 40’, LARD - . „ . Julv < 27 4 30 September .. .■ ■ 437 440 By Time* Special CHICAGO. Mav s.—Carlots: Wheat. 49: corn. 221: oat*. 50: rv*. 2. and barlev. 8. By Timm Special CHICAGO. Mav 4—Primary receipt*: Wheat. 373.000. again*t 811 000. corn. 811000. against 428.000. oat*. 234 000. against 143.000. Shipment*: Wheet. 5,5.000. against 556 000. corn. 388 000. i gainst 803.000; oats, 586.000. against 359.000. By United Press CHICAGO. May 4 Cash grain close: Wheat—No 3 red. 53%c: No. 3 northern smuttv. 53%c; No 2 mixed. 54%e; No. 3 mixed smuttv. 53 %c. Com- No. 3 mlxerl. 30%®30%e: No. 4 mixed. 29%c: No. 2 yellow. 30%<&30%c: No. 3 veliow billing difference. 39’ iC No 3 veliow. 29% 3or: No. 3 veliow. billing difference. 29%c No. 2 white. 30% 631 c Oats—No. 4 mixed, 19%e: No. 3 white 23®24%c: No. 3 white, 31%62tc: No. 4 white. 30%i21%c RveNo 2. 35%c. Bariev—4l*tssc. Timothy—s363.3s. Clover—S9TM3 50. By United Prm TOLEDO. Mav s—Cash grain close: Grain In elevator*, transit billing. Wheat —No. 2 red. 55%®56%c. Corn—No 2 veliow. 33% 634'jC Oats—No 2 white. 266 27c. Rye—No. 2. 42643 c. Track prices 28',c rate: Wheat—No. :! red. So4|M%c: No. 1 red, lc premium; No. 3 red. %43c discount; No. 4 red. 2%®4c discount. Corn—No. 2 veliow. 29®29%c: No. 3 yellow 28628' ,r. Oats No. 3 white. 23<Tt24e: No. 3 white. 224( 23r Clover-Prime. $9. Alsyke—Cash. $8 75 Butter—Fancy creamerv prints. 234) 24r. Eggs—Extras. 12c. Hay—Timothy, per cwt. 80e.

Cash Grain

- Mav 4 i The bids for car lots of grain at Ih# : call of th- Indiananoli* Board of Trad*. f. o. b.. shinning point, basis 41' jc New ; York rate, were; Wheat—Firm: No. 1 red. 4S'i46'/c: No. 2 red. 44',043'je: No. 3 hard. 44'j@ I 45’ic. i Corn—Firm: No 2 white. 2324 r: No. 3 white. 22 0 33c: No 2 vellow 3202.1 c: No. 3 vellow. 31022 c No. 2 mixed. 310 22c: No. 3 mixed. 200 21c. Oats—Firm: No. 2 white. lS'aSlO'ao: No. 3 white. 17 1 aolß’aC. Hav—Steadv: (F. o. h. countrv nolnts taking 23'ac or levs rat*s to Cincinnati or Loufivlllei. No i timothy. *7177.50: No. 2 tlmothv. 160 6 50. —lnsnectlons • Wheal—No. 2 red. 7 cars: No. 3 red. 1 car. Total 8 cars. Corn—No. 2 white. 2 cars: No. 2 vellow. 8 cars; No. 3 vellow. 1 car: No. 2 mixed. 2 cars Total. 13 cars. Oat*—No. 2 white.' 5 cars: No. 3 white, 12 cars. Total. 17 cars. New York Liberty Bonds May 4 Liberty 3'is '47 100 n Liberty Ist 4s '47 101 on Liberty Ist 4' t s 47 100 "S Liberty 4th 4*s '3B 102 on Treasury 4**s '52 104.18 Treasury 4s '54 101 21 Treasury 3a '55 92 00 Treasury 3 s i.x '56 99 22 Treasury 3**s '47 9700 Treasury .I 3 ** '4.1 (March/ 9700 Treasury 3 J *s '43 (June) 97 00 RAW SUGAR I*RICES -May 4 January 75 .74 74 March so .7* 79 May 52 .St M July ... si ,y> *n Sept 67 . 65 *6 December 74 .73 73 No Axe to Grind This Company has “na 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 determine their values under the law of supply and demand. This Company does not (five 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. iVriie us for statistical Information or prices. Zaiser & Zaiser INCORPORATED Brokers’ Stocks and Bonds 129 E. Market Ht. Riley 2167 Llaroln 9318