Indianapolis Times, Volume 43, Number 313, Indianapolis, Marion County, 10 May 1932 — Page 11

MAY 10, 1032

/Hojrws

SCHOOLBOY golfers are looking forward these d*V* to two big event* to rake place during the next thirtv riav one the sta’e golf tram championship and thr other The Indianapolis Time* seventh annual i!-citv schoolboy individual rhamp!r>n<'hip The state event, promoted h' the Indiana High School AthJettr Association, will be held at go j.h G ove on Saturday. May 21 The Tmes tournament will be stnsed af Riverside course June 8. S 10 and 11 ana The I, If V 4 A will H# f* *t! hrh H#inrinr t* that a**#*E*t**ri *flH Mth rhbl will hr |terfntllrl In rntrp % ho* hut mml *h" h t**ir will carirae their tram hr--9 ' *tar* nf |nttrnam*n( fl*a Thar# W*H tnMili fnr thr flraf thr*# Inw rdf|]|itc n*l thr |t!av will Hr hrlr* mrf! irar* I rrf nf lira th#T w-l| hr h* lot nrre-tlifif t* T*m I rmythrll #f T#rhni#*l. *f thr •rrnt. a a a Thr Timr tr wi*tt knovp, in * go *k g / frm of *hr rr* i r*rtii..' e r-. golfer* *hr *ar Th# r e r)’ J* ? \er ’ South Orovr h- Waifer rhipmsn ©f 7>chn!c*l He *o. a inruiir.g thirty -Hint-hose match from F>s of Mar. .ai for the tog * The T.jrr* championship will not b# a ♦earn r 'n' Every &fhoolbov In the t 4 .? hr classes up until th* #' r; f t t; r r r,’ 'fTlftt/r In June IS r :i ?;•> ; r *rhooino*. rnampion of In-ilian.-tpoli* ma* hr a high school pupil or a graOr < ho< ’ad The champion?hlp ~ b' decidrii b' match plav and boy* who gr* hot for one round hardly r * r

e~|'HF oualifving round of eighteen I holes will be played on V,C -rj: ■ June R Grade srhoolh* • .jo v ;sl to try for the all-city trie ; ' compete with high school h<" n make that known befr e pin* begins Otherwise thev v he placed in the grade school ci ■ 1.v.0n. m m a Rnv< with thr thir(r-lwA lrwrt teare* will hr p;t t r r#| up fn (hr night *f l*inr a fnr mi<'h plav which H begin rarlr thr morning nf Jnnr b. Cradr rhonl hnv* will hr pairrd into a High! nf Mtfervt and thr firt rnrtnd matrhr% in that flight will hr hr Id n Thursday atlrrnnnn. .In nr ft. a a a A m?'' * # .n the grade school flight t r.r rrghtcr;, hoi*? with the S#rOIKJ To nd m. fche >n be plrved on Prldav alfrriioon ftn't the eeirv-final* and Ann’ at Saturday morning and afternoon AH mitchf' in the championship flight will he eighteen holes except the final* on Fat*rday which will be thirty-six hole. F * ir.H -erond round matches ail! Le played on Thuradav morning and afternoon and quarter-Anal* and aemi-fln.il matehe* on Friday morning and afternoon. man As usual there will boa flock of P :es Players with low medal scores will receive awards, but most of the prire.s will go to the boys who realiy get somewhere in match play and advance to the crucial encounters. mam Inhn M'rriam of Torhniful non lh fir< Timn rhamnion*hio *1 south Or "if rnnrw tn 10-fS. Thr nr\t >r*r. I*>'ll. * Srvillr I wine of Shortrjrft* ranfnrr Ihe hnnor or thr \jmr rnursr In I'eJS Ihr p!r m.'iril |n ( nffin rourr nd Bill* Hrmlrin nf f .ilh*!r.*l >)i winnrr. Ilr rrpr.*lrH nn *'*’** at f’lrasant Kim In hoth lhnr rear* M.titrire nf >1: i.iial na nmnrr-i?n In llnmlrln In.ms In Ihr final mafrh hv narrow martin, rarh vrar. ana Harrv Yellon nf Oahodral won thr 13V0 rxrnt niri thr Riverside rourrr and la-' rar. Pi or mrnllonerl hefnrr, Ch.inma:; won at Smith Orpve aftr* a gruellaiK mf'h n! thtrtv-nine ho>. a"h Ree.nn. vhn rrmln-lv had fhr title tn th rk a i riuple ol limns nr.lv In find the Trrhr:ral ad rllrklnc m until the a' mitt ana HF.TNLFTN is Ihe only two-time winner. Since he left high school ranks he has demonstrated the training he gained m those Times tournament has been important. Last year he won the sfa'e amateur championship at French Lick. Almost daily now he rounds speedway and other links in par or near par figures, and sometimes it Ls sub-par golf he shoots.

Independent. Amateur Baseball. Notes, Gossip

r \thoi,ic i nr.i r fishy The and " nr ’ifted Sunria in the C*v Cthpl:< Baseball league with (hr Question Mark-- of .Barred Heart opening up ai inf Inc Cntiiedral C'.ub. Our l.adv of ] :r i-rr n. H!v Crow *t Willard rrk R- Catherine and Holy Rosarv clashing ’ Garfirlri and Si Patricks tackling Holy Trtnitv at Riverside The tore i expected to lie interest me trnm :he fir game to the fins! battle and Intense tti >!rv dfbtlw will p-eiail The jndiUmpire* A 'delation has contacted in elTtciatc * all the contests. Many Indianapolis business men and other arnent fans are interested in the league s welf.. tr. Indianapolis B '.dogs mil practice at Rivei'iti*' diamond No 2 this evening and Ml players please repo-; for the workouts A game is wanted for Sur.ri.i• We. tern A As. Mars Hill and Plainfield Commercials take notice Write at nine, ,’im Collins. M3 Kentucky a t enue Beech Grove Reds ate setting a fast pace, de'ra’tr.g Indianapolis Twilights. 4 to v i; , an interesting eontes' all the w*\ A Lidv and Ben l adv. brothers, are dividing the mound duties and a-e showing splendid form The Reds downed th Indianapolis Blues. 21 to 1 For games eall Beech Grove 213-J-j Kokomo, chelbvvjile and Seymour take nonce Circle Ci'v nine lost a ruactlce game io the Indianapolis Flashes Sundav. *9 to a Home runs by J P'ather, Colbv. Menfort and Rchuitleworth featured the game A nteing will he held tonight. 7 30 Wolford take notice The manager of the 1 w. \V s please call Ch. OS2* and ask lor Phil. Indianapolis Ramblers will work out a: Willard park Wed.esda- at 4 p m The management requests ail players to report and readv for practice. Kroger A. C * are withmit a game for Rundai Fast teams intetested in filling the date call Cherry 41SS-M and ask for Okev Cal! after S p. m. Midway* defeated Whitestown. 7 to 3 The wmpers will play at Fayette next Sunday Midwava desire games with last u;e clubs Call or write Paul Orav. 1323 South State avenue, phone Dsex. 6020-W Highland A C.'s wi.i practice *t Bpade s park Thursday at 230 The Highlands want a game for May 29 Write Alva pnssell. *O9 Highland avenue. Rea rick of the West Side Chevrolet* pitched a no-hil game against the K of Cs at Crawtordsville Sundav. but lot. 4 to 1 Tn o errors beh-nd him in the flrs' inning ruined the Chevie tvirler and >d to four run* Brnne't was on 'he K of C mound and turned in a fir.* performance •ratieri-g ntn* h'ts Johror Chevie 'eft fielder wa* *he batting star with two doubles and two singles. Score Chevies non inn non- j 9 3 K of C too non OOP 4 0 1 Belmont* defeated Irvington Aces Sunda' in a game featured !>v the fine relief pitrhtp.g of Kinney The Belmonts expect to have their new practice field readv this week. The team has been strengthened and is out to establish a winning record. The New Palestine nine downed Mohawk Sundav * to J. Trennyaohl and Dickey held the losers to two hit*, and Warner and Btand!v led the attack for the winner? GwynnvUle will plav at New Palestine next Sunday and a fast contest j* promised New Palestine has bolstered its team this season and aims for a high rating in the independent field The Fro-Roe Kitten Ball League will m ert Wednedav May 11. at the Err-Roe fiportlng deed' store at 743 All team* interested are requeued to be present with their forfei* monev as the league will star* p'l' rg Sunday. Mar IS Team? mteres'ed should gt In touch with Carl C. r lahar. at th Em-Ro* s'ere L'ncoln *M# Edf.oics of the lic.sha at*;* fci&aiur

GRAIN OPTIONS HOLD FIRM IN SLOW SESSION Trade Quiet While Waiting Government Report After Close. RV HXROI.D F. RAINVII.LE I nitrd l*rr. suit f rrr.j>ndrnt CHICAGO. May 10- Wheat held fractional gams most of the session on he Board of Trade todav. closing higher largely on the firmness abroad and on evening-up buying in preparation sos the government report due after the close Traders were inclined to proceed cautiously, not caring to assume a definite position until the crop report was out of the wav. Russia remained in the market for *hrat but the trade paid little attention despite famine claims in par’s of Russia Corn and oats acted with wheat and held to a very narrow range, finishing with small gams. Liverpool Tone Firm At the close wheat was ’* cent lower to rent higher, corn was unchanged to cent higher and oats '* to ’ cent higher. Provisions were lower with hogs. Liverpool maintained a firm tone as the result of-further Russian purchases and closed tod cent higher. The Kansas state board of agriculture in its weekly report said Hessian fiy was in numerous sections of the state and that oth-'r insects also were damaging the growing crop Liftl* attention was paid to this early. Cash prices were unehanged to cpn' higher. Receipt. were 1R cars. Corn Holds Steady Corn was steady, unchanged to rent hißher at mid-session. The market was fully as quiet as wheat during the morning. Sales were 12.000 bushels with nothing book'd early. prices were unchanged to rent higher. Receipts were 43 ca rs. Oats scarcely moved and heid steady with no changes of consctvienee. Cash price- were unchanged to 1 rent higher. Receipts were 44 cars. Chicago Grain Range \tv 10WHEAT— p rrv H.?h, Le li no rlo-r •Odv VP. SR', 5,7', .ifi., Sept. , V)’ 2 Vl> 4 ii P*' r S'. R2' R2‘ CORN * J>v 32’, 32’. 32' 32', 74’. 34’. 34’. 34', I>" r 34 , 34’, 34', 3t , ORTS- • .23’, 22’, Ffp* 12 1 i ->2 - f> r .. 24’, RYE- * Sept ~ 42', 4*v-_ t.ARD- " J'tlv . 4 2S 4 30 r s" 4 3S 4 42 /?'/ 7 1 mrt Spn iitl ... r , UCAGO Mar 5 Pnmarv rocinu '•’Ce*' son run ac*m ! 1.330 000. r o rn 340 000 a-ta.nvt RR4 ooo ; o a'- 281 000 ,no ° rn Slnoroent.. Whrat #76000 a vain.t 61R oon rorn. 232 000 acain.i 480 000 nal... 170 000 arainst 537,000. fit/ I 1, Hr,1 Prr •* CHICSC.O. Mov 10 Ca.h rrain rlosr v reat No. 2 rod. 5C ,r: No 3 rod SS',, No 2 hard. S7r No 3 vetlow hard’ 3S '-r ' 2 nuxod 557,0. Corn No 2 m:\od! 31‘..t32t No. 2 vcilor 32'i>32'if' Nn 3 ’ollow. 31 , ">i 31 ! ac: No 3 Ihito 32'i3”-r Oa ; * No 7 whlo. 24.?4’,0. No 3 white 2?'.-4i2lr aiTinle erode. 20', r Rve-No sole* Bariev 40ti.53c. Timothv *2 75 1/ 3 Clmrr tS" 13 50

Cash Grain

—MI” 9 The bid. for ear lots of qratn at *he •all of t lie Indiana not:* Roard of Trade 1 o, h.. .hinnine point, h.i'ix 41’.r New York Rite, were Wheat S'rrdv; No 1 red 464? 47c: No. 2 red. 45'/46c: No 2 hard. 45'// 46e Corn S'eadv: No 2 'While 244/2SrNo. .3 white. 23</24. No 2 veiiow 23 ■/ 24r . No 3 vellow. 22 23c. No 2 mixed. 22'/ 23r No. .3 mixed 21'i27r Oats -Steady: No. 2 whi'e. l9'</20e No 3 v hue. 184/ 19r Hlv—Steady; ;F. o h country noin’, fakine 23',c or lex rate, to Cincinnati or Louisville i No i timolhv s2'ti2.so. No 2 timolhv. $6 </ 6 50 Inspections Wheat No 2 ted. 5 cars: No. 3 red. 1 ear Tof.l. 6 ears Corn No 2 white. 5 ears: No 3 white. 1 ear No. 2 vellow. 5 ear* No. 6 vellow 1 ear. No 2 mixed. I ear. N". .3 mixed. 1 ear Total. 14 ear* On" No 2 hd>e 5 ear*: No, 3 whi'e. 20 ear* samnle white 1 ear; No. 2 mixed. 1 car. No, .3 red. 1 ear Total. 28 cars

Frey to Rejoin Cincinnati Reds iiu I w ilrtl Pr. *. CINCINNATI. May Ift—Cincinnati Rods have purchased the release of pitcher Benny Frey from the St. Louis Cardinals for an undisclosed cash sum. Frev pitched for thp Reds in 1930 and 1931. after coming to them from Nashville in the fall of 1929. He was traded to St. Lotus in April in the deal which brought Chick Hafev to the Reds Manager Dan Howlev plant to use Frev as a starting pitrher. He worked only two innings for the Cards. Announcement also was made that pitcher Biff Wysong had been sold to the Rochester club cf the International League, a Cardinal larm. REX MOFFETT HONORED GREENCASTLE. Ind. May Ift. Rex MofTett of Indianapolis was awarded the Walker cup Monday as the senior to add the mast distinction to De Pauw university during his collegiate career. Moffett was outstanding in athletcis and campus activities. Reese Hammond of Greencastle received the Sigma Delta Chi cup for being the outstanding athlete and scholar. He had the highest scholastic record of any senior athlete. commission have crgsnireci a kitten-ball lesgue of lour team :epresenung the road department testing department, garage and auditing and maintenance division*. John S Rvkr :* president of tbe league and F A Lenfesiv secretarv-treasurer Oame* will he piaved on Wednesday nights at 3 30 at Brookside. starting Ma- It Led bv Buck House who connected for a homer, triple and double Gasereria* nosed out St Pats. 1.3 to 13. in a *!ugfe*t Sunday at Penns* park. Queisser and Brooks starred for Saints Cloveroale easily trounced Bedford Crev Sundav. 9 to 1 Rawlings Cloverdale slab star, turned in fourteen strikeout* Da'.v and Tobin led ths winners ati taok Next Sundav. Indianapolis Negro All-Stars plav at Cloverdale. Suoerb pitching bv Elmer Howard cave i Indianapolis Cardinals a * to 5 triumph 1 ever Fairmount Glass Sundav. Howard allowed four hits while the victors collected eteht. led bv Brehob Fielding of Montgomery' featured the came. Yaver indoor team wants a game for Sundav afternoon at Riley park Call B* 0117 between 7 and 7 JO p. m. ass for Joe Yaver. Mohawk A C s won a practice game Sundav at Riverside 30 to 3. Several nlavers were absent from the lineup. Mohawk* will work out Wednesday and Fndiv fvrnint* ***•* tnd mtwbfr* request#*! tf> hand. P’l'tfi nresen Friday night will be drooped from 'he lineup An important meeting will *i held Friday right. * p m a th* fc-m- ot George H’rskJJ For esmes with the Mohawks caU Ha. 4382-W nd sk for Chic*

New York Stocks ‘Br Thornton * McKinnon.

—May 10— p-#v Xa ilraada— High tear 11 OO rie.e Arh-on 30' s 3', 3*>t 3R> a - Coaat 1 r 14'j 14’, Halt A: Oh;e 7’, 7 7', 7'. Ch*' A’ Ohio I*'* If Ch** Corn *v ,• Cr. P*c . 11S 11* Chi Grt w' Chi N W>*t J;w C. R 1 * P !' r>! l * w .. . . iJ t>: At H'ldron 54'a 54', M 57 I Erie |at pfd * Grrt Northern. ... li *1 tiltnou Centri 11 Lou * Na = h lf 5 M K A- T Mo Pacific pW . . . * N Y Central 14'* 14 !4t. !', Nickel Plate 2S 2 NY NH t H 13 Ncr Pacific .. ... 10 10 Norfolk Ac We*t *4 O At W 6’a Pennsylvania 10S 10 : So Pacific ' ... . U Southern Ry ... 4*, 5 St. Paul 1• a St Pail pfd IS IS Lnlor. Paeiftr 53 52’.- $S 52 raiiipment*— Am Locomotive ~ ... s'a ... Am Steel r and 4’, Am Atr Brake Sh .. ... ... 7’, Gen Am Tank . . 1* General Eie* 14’, 14’, 14U 14’, Gen Pv Sisnal 13 Pullman . IV, 15’. We.t'ngh Ar B ll’a V.'estir.Eh El*e . 21’. 4 2V', 24'. 23’, Rohher*— Fir-.tone 11>, Ooodrteh ... 3 ‘a Goodyear ... II 11 Kelly Sprefid l'a 1 U S Rubber 3’, Motor,— Alburn . 37', 35’, 36', 35’, Chrysler ... B' 2 General Motor* 11', 11 * 11’, 11’, Graham Paige.. .. ... 1* IS Hudson . ... .. 4’, Hupp 2 : ■ 2', Mack 13'a Nash 10 Packard 2’, 2-’ Peerless 1 Reo l’a sttidebaker .... ... 4’-, 4', Yellow Truck 2 Motor Arre,— Rrndix Atiation. .. ... 6', 6', Roie Warner ... S’, Br.ea* 6'a Fa'on ... ... 4’, El Auto I i'e 12' . .’■fuira" Rodv ... ... 4', Sparks W ... .. I’, S'ewar! tVarner .. ... 2', 2'. Timlin Roll ... ... 14', Mining— Am Mel ala ... 3', 2', Am Smelt ... 9’, 9 9 9’, Anaconda Cop .. S', 5 S', s’, Alaska Jun .... 10', 9', 10 9’, Cal A- Hec’a ... ... .. 2’, Crrro de Pasco. S', 6’, Dome M/ne .. 10', p’, 10’ S’, Freeport Texa IS Ora' Nor Ore.. . 8 B', Int Nickel s'a 5. s’, SS Inspiration ... .. .. 2 Kenneeott Cop . 7', 7 7 7', Magma Cop 5 s', Miami Copper . 2 ,2 Nev Cons . . . 3', 3’, 3'. 3', Norandn .. .. 13’, 131, 13-, 13 Texas Gul Sul 18 18 U S Smelt ... ... 13’, Oils— Amerada . ... ... 14', At 1 Refining ... .." il Ba rm riall . 441, Mrx Rbd B’, B', 8 "s, 8 , Mid Conti ... . 4’. Ohio Oil . , . 7', 7’, ”7', 7', Pan-Amer •!?•.. . . .. 33'Phillips . 3’* 3', .3’, 4 Pure 0:1 .. .. 4', Rove] Dutch ... 16', 16', 16', IT Shell Un 3>. 3 1 , Con* Oil ... .. 4 Skellr 3’, Standard of Ca! !?'. 19', 19', 19', Standard of N.l 25’, 25', 25’. 25', So- Var . *1- 31, Teva. Cos 11 11 Union OH O' t Wterl.— Am Roll Mills S', s', Beihlehein ... 13’, 14 Byers AM #•’, B‘, Crue Steel ... ... 91, MeKee.porl Tin 37', 36’, Repuh 1A5.... 31, V S S'eel . 29’, 29’, 29’, 29’, Vanadium ji, T nharro.— Am Tob 'A' new .. ... ... 57 Am Toh 'B' new .. ... ... 69’, Lig A- Myers B 48 Lorillard ... 131, Reynolds Tob .... ... 32', 32 United Cig ... iI'tilitiea— Abitihl ... . 1 Adam. Exp ... .. ... ’ 2’, 2', Am For Pwr ... . . 3', ji, Am Pwr Sr. Lt... B', 8 B’, 8U ATA' T 100 99', 99’, 9'i Col C.as A' E! .. 8 7’, 8 7’, Com A- Sou 2’, 2*, 2’, 2', Cons C.BS ... 50’, 49’, 50’, 50’, E: Pwr & Li 7 7 Gen Gas IAI 1 InM T A- T s', 51, S’, “.is, Natl Pwr A- Lt.. . . ... us. No Amer Cos . 24', 73’, 24', 24 Par Gas Sr E!. . .. . 26', 26', Pub ?’rv N 44', 43’, 43’, 43’, So Cal Edison . . 247, Ltd GA- FI 16', 16', 16', 16’, United Corp .. 6’, B*, 6', 6', t'a Gas Imp 16’. 17 Ut Pwr A* L A. . . . 3 Wst Union 23'. 23', 23', 23', Shinning— Am Inti Corn. 4', 4', United Fruit 16 Foods— Armour /At 1 1 Can Drv . gi. Coca Cola ... 94', 93', 94 93', Corn Prod ... 35 34’, 35 34 .- Cudahy Pkc . 25', Gen Foods ... 31', 30’, 31', 31', Grand Union s’, Hershev 58', Jewel Tea . . 22' • Kroger 13’, 12', 12’, 13 Nn* Biscuit 35’, 34’, 34', ... Natl Dairv .... 22‘, 21’, 22 22 Purity Bak 6’, Plllsburv . . 16 s , Safewav st .... 46 <, 46*, Std Brands 11’, 11’, ll’s 11’, Drugs— Drue Inc '6 V , 38’, 38', 38', Lambert Cos ... ... 34 s , Lrhn A• Fink is Industrial,— Am Radiator. .. 4' 7 4’, 4'j 4' 2 Otis Elev 14', 14', 14', 14 uien 3.4 Indus Chema— Air Red 40' 39', 40’, 39 Allied Chem .. 55', 54', 55', 54-, Com Solv .. 8 6 Dunont 30’, 29’, 30’, 30 Union Carb ... 18’, 18’, 18’, IS’, U S Tnd Alcn 18', Retail Store,— Assoc Drv Ods.. .. ... ... 3', G:mbl Bros ... I'* I’, Krcee PS IC, Mav D Store 13', Mon' Ward 7 7 Penny J C . 22', 22', Sears Roe 17’, 17', 17’, 17 s , Woolworth .. 33', 33 33', 33 Amusements— Fastman Kod . 46’, 44’, 46’, 44 s , Fox Film A 2'. 2', Grlgshv Oru ... . . . ’, Loews Inc 33’, 23 23', 23 Param Fam ... 2’, 2’, Radio Corp 4', 4 4', 4', Warner Bros ... I s , i', Miseellaneott,— City Ice At Fu.. .. 18', Congo'eum B’, 8 8 B', Proc A- Gam .30', 30', Am Can 40', 39', 40', 39’, J I Ca.e 23', 22, 23', 22’. Com Can 25', 24*, 25', 25 Curtiss Wr .... 11\', I', Gillette SR ... !4\ 14', 14', 14', Gold Dust ..... 12’, 12', 12*. 12', Int H.it- 17', 17’, 17', 17', Int Bis M 82 81', Real Pvlk 4', Un Areft 10’, 10', 10’, 10’,

Net Changes

B '/ l nit fit rrrf NEW YORK. May 9.—Closing prices and net changes on leading issues on the New York Stock Exchange today follow: uo. off. Allied Chemical 54>j ... ’4 American Can 39’ 4 ... Amer Tel A: Tel 99 .. l'i Atchison 36’. ... I*. Auburn Auto 35% . 4 Beth Steel 1 -4 ... Case J I 22’. % ... Ches A- Ohio I*>, ... % Chrvaler *>• . % Consolidated Oas 50’. % ... Du Pont 30 Oen Elect rie 14% •% Oen Motor* 11% tnt' Tel A- Te! S’. ... Montgomery Ward ... .... ~ ... % Ne York Central 14' 4 ... "4 North American 24 ... '• Paramount 2 , . . ’• Pennsylvania in', ... % Public Service 43% ... % Radio 4% .. ** Scars Poebuck 13% % Standard Gas I*‘ 4 ... * Standard Oil New Jersey.. 25’, % Union Carbide 19*4 ... l * Union Pacific 52% ... % V S SteeJ 29% - % West inchouse Elec 23% Woolworth 33 ... *4 New York Liberty Bonds —May 9 Liberty 3%s '43 100 16 Liberty Ist. 4s '43 101.16 Liberty Ist. 4%* '47 101:15 Liberty 4th. 4%* 38 102.12 Treasury 4%s '52 105 14 Treasury 4s. 54 102 13 Treasury 3s. '55 93.26 Treasury 3*4*. '56 100.10 Treasury, 3\s '47 9* 30 Treasury 3%s '43 iMarch> 9*30 Treasury 3Hs 43 June< 99.00 Chicago Stocks Opening Bv James T. Hamill A- Cos > —Mae 10 Clues Serv .. 3 s , tnsull nfd ~ % Cent Chi com,. % Middle West % Thee Sec W =wift a Ce .. 11 *4 Grtcsbv Grunow % Swift Inti .. 16% Instill com .... % Walgreen Sirs., 3\

THE INDIANAPOLIS TIMES

SWINE VALUES MOVE DOWN IN LIGHT TRADING Cattle Market Dull With Lower Trend; Sheep Unchanged. Hogs again slumped this morning at the city yards, prices ranging 10 cents under Mondays average. The bulk. 100 to 350 pounds, sold for S3 10 to $3.50; early top holding at $3 55. Receipts were estimated at 8.000; holdovers were 434. ' Cattle trade was not fully established. Beef steers and heifers tended lower. Receipts were 2.200. Vealers were steady at $5.50 down. Calf receipts numbered 800 Little was done in the market. Sentiment was lower. Receipts were 300. Trading on hogs in Chirago this morning was slow and draggy. with a few scattered bid* around 10 xo 15 cent* lower than Monday's average. The bulk. 170 to 200 pounds, sold at $3.55 to $3.60; best kinds held upward to $3 70 and above, while heavier weights from 220 to 240 pounds sold at $3.40 to $3.50. Receipts numbered 23.000. including 5.000 direct; holdovers 4.000. Cattle receipts 8.000; calves 3.000; market steady to 25 cents lower. Sheep receipts were estimated at 10.000; market stationary. HOGS Mpy Bulk Earlv Top Receipts. 3. S3 504, 3 90 S3 90 4 000 4. 3 50'.| 3 90 . 3 90 4.000 5 3 331, 375 3.75 6 000 6 335 r 3.75 3 75 4.500 7. 3 -sn 3 75 3 75 2.500 9 3 • | O7 ' 60 3.60 10.000 10. 3.104> 3 50 3.55 B.COO Rvrrlnt*. 8 non mvrkrt. |,,r. 'l4O-160. Gent) nd choice .. * 3.50 Light I ichts - iln.lgn. Good and choice .. 3*o Light Wight—-.l6o-200. Good *nd choice . . 3 50'o 3.55 '2OO-220. Medium and good 340 b 3 45 —Medium Weights—-'22o-250. Good and choice .. 330 b 340 ■250-290. Medium and coon .. 320 b 3.25 - -Heavy Weights—--1290-350. Good and choir* .. 3 1041 .3.20 Packing Sows—-■3so-500. Medium and g00d... 2 25'i 385 ' 100-130- Slaughter Dies 325 b 3.40 CATTLE Rereinls. 2.200; market, stead*. Good and choice S 5.75 b 7 50 Common and medium .... 350 ti 5.75 1 100-1.800. Good and choice 5.784? 7.50 Common and medium 4 50tl 5.75 —Heifer*— Good and choice . 5.25*1 8 50 Common and medium 350 b 5.23 —Cows— Good and choice 3.254? 4.50 Medium 2.75 b 3.25 Cull ant! common 1.50 b 2.75 —Bulla (vearlinga excluded) Good and choice beef. 300 b 3 75 Cutter, common and med'nm 2.00fi 3.00 CALVES AND VF.ALERS Rereiot*. *00; market, stead*. —Vealrr#— Good and choice I 5 00b 550 Medium 3.50 b 5.00 Cull and common 2.90 b 3..A0 —Calvea — Good and choice 350 b. 6 00 Common and medium 2.50 b 3.50 —Stocker and Feeder Steer, — Good and choir* 4 504? 6 00 Common and medium 3.50 b 4.50 ■6OO-1.500. Good and choice 4 50b 6 00 Common and medium 350 y 4 i0 SHEEP AND LAMBS (Shorn Ba.isi Rereint*. 300; market. teadr. Good and choice S 6 00b 6 50 Boring lambs 5.00 b 750 Common and medium ... 400 b 600 Eve*, medium and choice... 2 00b 2 7a Cull and common 50b 2.00 Other Livestock By f m Hrrl /’reat CHICAGO. May 10. Hogs—Receipts. 23.000. including 5.000 direct Mow. 10b 15c below Mondav. 170-210 Iba . 53.50b,3 65; top. $3.70; 220-250 lbs.. $3 35b 3 55: 2603ln lbs. 53.20 b 3.35; 140-160 lbs.. $3.40b 3.60; nigs. 53b3.25: packing sows. *2.75b 2 90: light lights. 140-160 Tbs . good and choice. $3.40b3 60; light weight 160-200 lbs., good and choice, 53.50b3 /0: medium weights. 200-250 lbs . good and choice. 53.35 b 3.70; heavy weights. 250-350 lb'., good and choice. 53.10b5.45; parking sows. 275-500 lbs . medium and good. $2.65b 3.10; slaughter pigs. 100-130 lbs., good and choice. S3b3 35 Cattle- -Receipts, ft.ooo. calves, receipts. 3.000; led steeis and yearling market extremely slow; weak to lower beef cows comparatively scarce, firm: bulls strong; veaiers steady to weak; no choice sicers sold early; slaughter cattle and veaiers; steers. 600-900 lbs., good and choice. 564/7.50. 900-1100 lbs. good and choice. $64/7.50 1100-1300 lbs., good and choice. 56b7.75: 1300-1500 lbs. good and choice. $6 25b 7.75; 600-1300 lbs., common and medium. $4,504/6.25; heifers. 550-850 lbs. good and choice. S5 2Sb6 25; common and medium. S3 50b 5.25; cow s, good and choice. $3.504; 4.75; common and medium. S2 50 b3 50: low cutter and cutter. $1 254/ 2 50; bulls, yearlings excluded, .good and choice beef. $34,4.25; cutter to medium. $2.50b3 10; veaiers milk fed. good and cnolce. $5,254*6.50: medium. $4.50b 5 25; cull and common. s3b 450 stocker and feeder rattle: steers. 500-1050 lbs . good and rhoice, $54i6: common and medium. $3 75b5. Sheep -Receipts. 10.000; few sales about steady; packers bidding lower; good and choice wooled lambs. $6./ 6 50: best, held around $7: clippers. $5 50b 6: four loads 77-81 lbs.. California springers. $7 75b 7.85: slaughter sheep and lambs' spring lambs, good and choice. $74/ 8: medium. s6b7: common. $4,504/6: lambs 90 lbs. down, good and choice. $5,754/6 50; medium. $5b5.75; 91-100 lbs. medium to rhoice. $4,504/6.35: all weights common. f.3.504/5; ewes. 90-150 lbs., medium to choice. sl4/2.25: all weights, cull and common. 50c4/$1.50. By I nitcl I'r, ** PITTSBURGH. Mav 10 —Hogs- Receipts, 1.000. marker. 104/15c lower. 150-200 lbs $3,854/ 4. 210-240 lbs. 53.60b3 8O; 250-320 lb'. $3 254/3.50: 100-140 lbs. 53.404t3.75: Racking sows steady. $2 25412 75 Cattle - eceipts. 10; market, nominal: medium to good steers auoted $5 15''/ 6.70: heifers. S4 354>5.50. beef cows. $3.15b 4.25; common and medium bulls. $2.754,3.50. Calves— Receipts, 100: market, steady to strong: ■ealers top. $6; bulk better grade. ssbs 7Y Shep—Receipts. 500: market slow ; weak to 25e lower: medium and good shorn lambs $3 504,4 50; choice kinds quoted to $6. B’/ I. nil < and B/esa TOLEDO. Mav 10 Hogs—Receipt... 300: market 10b 15c lower: top. $3.40'g3.50: mixed. $3 25b 3 50. bulk. 325 b 3.50, pig*. 63 154t3 25; light*. $34/3 15 roughs. s2b 225 Cattle—Receipts, liberal: market, slow ; good to prime steers. *6'/? 650 fair to choice cows. s3b 3.75: fair to good bulls. 53.254J3.75; fair to rhoice heifers. $4 504; 6 good to choice stockers. $4 25b4 50. Calve*- Market. 50c higher choice to extra. *5.50b 6. fair to good. $4 50 b 5. Bheep end lambs-Receipts light, market s'eadv; pr.rtv! wethers. $3 4/ 350 spring iambs $5 4? 7. B>/ f nitert Prrtg CLEVELAND. May 10.— Hogs-Receipt*. 2 100: holdover. 17; 10c to 25c lower: MO--230 lbs . 53.75: 240-303 lbs . $3.50 to $3.60; pigs. $3 50; roiigh sows. $2 25; stag.*. $1.75. CattlF- Receipt*. 150; generally dull, weak: fat cows easier; common to medium 780 to 1.035 lb. steers. $4 254/ 5 75: few choice medium weight. $6.50: cows around $24/3.50. Calves—Receipts. 600: veaiers. strong: spots. 50c higher: killers reluctant at adiance; handy weight. $63 6 50; fewhigher: weight under pressure, frequently around $5 50; cull to medium. $45 5 or above sheep. 900 fat lambs 25c or more lower, others continuing draggy. bulk shorn offering $5 50 down. ‘ account quality; few $6 or abo*.e: cull to medium. $3 f? 4 60: springers 61 lbs down, sßb*.so largely. Bu f ziitrzf Prr , EAST ST LOUTS Mav 10 Hogs - Reccin'. 13.000 marke* 10bl' r lower, top. *3 4fl. rome held higher, bulk 150-230 lbs* *3 30 4/3 40 230-260 lbs. $3 2Sb3 30 100140 lb*.. $2 854/3 23 sow* mostly $7.30*/ 2.50 Cattle—Receipts. 3.200 calves. 1.300: market very slow; earlv bidding lower on steers, mixed vearllngs heifers and cows with some initial cows sales steady; bulls uncharged top sausage kinds. $3: veaiers 25c lower at $5 25. Sheep—Receipts 3.500 market, opened steady better spring lambs. s7b7 75: throwouts down to $4 50. a few desirable clipped lambs. $8 75. Other Grain By l nitrd Prr* TOLEDO Mav 10.—Cash grain close: Gram in elevators transit billing. Whea —No 2 red. S6',4?S7',c. Corn—No 2 ve!low. 344? 35c Oats--No 2 white. 26‘w#r 27*,c. Rve—No 2 45b46* Track prices. 28’,c rate Wheat—No. 2 red. 51',52c: No. 1 red. 1 cent premium: No 2 red to 3 cents discount- No 4 red. 2', to 4 cents discount Corn—No. 2 ellow. 29',b 30c No. 3 vellow 28' ,b 29c Oats—No 2 white. 23' ,4? I4'-,c. No 3 white. 23’,tjt 23',c. Clover—Prime. SP Alsike —Cash is 75 Butter— Fancy creamer- prims. 13 24r Eggs-Extras. 13b 12',e. Has Timo'.hv t>er ewt., go cents. By T’mrt Sperinl CHICAGO. Mav 10 —Carlo's Wheat. 22 corn. 64; oats. 56. rye. 37, and barley. L _

BELIEVE IT or NOT

,* f ,t .*,; "lit* OvE */ tin. ! ' \ AN UNDERGROUND FAIRViMD —t/GHTtO \ 6* millions<# glowworm' VLO*’ W QSN/R n* TNL wrc./’l MADE A V/OPLO’S RECORO BREAK A fAAORI HOLV MM CANNOT . g<?A'W r* VjA'Towo, Hg-A/ZChlhecL / DSE HIS HANDS/ Me rs TAPU f s^o

Bright Spots of Business

Bv I'nitert Pres* NEW YORK. May 10 —A decrease in business failures in April was rrported by R. O Dun As Cos. total for the month being 2.816. compared with 2.951 in March. YOUNGSTOWN. O—The Nile*. 0., plant of Ihe Mahoning Salley Steel Company reopened to fill accumulated orders for sheet sleet. ALBANY'. N Y. A 9 per rent increase In employment among hutiding trades workers in New York state wa* reported bv state industrial commissioner Frances Perkins. PITTSBURGH Production at Tin Plale mills was estimated at more than 50 per rent of capacity, with domestic requirements showing an inreea.e and treater demand reported from foreign eourres. WASHINGTON Increased ho.ierv output in March was reported by the department of commerce, production lor the month being placed at 4.521.847 dozen pairs, against 4.356.295 in February. Other Livestock & if L nitrd Prr** EAST BUFFALO Mav 10.—Hogs—On sale. 800: active, steady to 5c under Monday s average: good to choice. 160-210 lbs., $4.10: 225-240 lb' 33 904/ 4: medium quality. 140 lbs. $3 80 Cattle—Receipts. 100: steady good steers and heifer yearlings. $6.50; few outs at $6: cutter cows nominallv $1504/2.50 Calves—Receipts. 225; vealers steady at Monday's advance, good to choice. $6 to largely $6.50: common and medium $3,504? 5. Sheep Receipts. 100: holdoter* 400; lambs steady: quality and sorts considered. gt>od to choice shorn lambs. $64/ 6 25. mostlv soried kinds eligible to $6 40 or better; medium to good held $5.75. It if I nili il Pi rn* LAFAYETTE. Ind . Mav 10 - Hogs— Market 10c lower. 160-200 lbs. $3 25; 200210 lbs . $3.20. 210-225 lbs $3 15. 225-235 Ihe.. $3 10 235-250 lbs.. $3.05 250-275 lbs $3 275-300 lbs $2.95: .700-325 lbs. $2 90 140-160 lbs. $3 15: 120-140 lbs.. $3; 100-130 lbs . $2.90; hgh: roughs. $2 50: heavy roughs, $2: top cal', es, $5; top lambs, $6. B.'/ Times S prr in l LOUISVILLE. Mav 10 -Cattle--.Receipts, 125: mostly steady with Monday: bulk, common and medium slaughter steers tnd heifers. S4 504? 5.25: good to around $6; beef rows, mostlv $3.50 down: bulk bulls. $3 25 down: low cutters. $1,254/2.50; most light storkers $4 5045 5.25. Calves-Receipts. 250; steady; good and choiee. $44/ 4.50; medium and throwouts $3 down Hogs- Receipts. 1.000- market. 20e lower: 170-220 lbs.. $3.15: 225-255 lbs . $2 85 260-29$ !bs.. *2.50; 300 lbs up $7 140-165 lbs . $2.55: 135 lbs. -lown. $2 15: sows. sl4/1.75 Sheep—Receipt... 2 000: earlv trading mostlv steady: bulk better ewe and wether sprincrr*. $34/ 8.50: buck* mostly $74/7.50: thrwouts. $5.50: old crop clipped lambs. $5 down; fat clipped ewes $2 down. Monday's shipments Cattle. 184: calve*. 413: hogs. 227. and 1.398 sheep.

Local Wagon Wheat

City grain elevators are paying 42c for No. 2 red wheat, and 42c lor No. 2 hard wheat. NEW YORK COFFEE RANGE —Mav 9 - High. Low. Close. March . *42 Mav 6.55 * 54 * 54 Julv * *0 6.59 * 59 September * 52 * 50 * 50 December *42 *.<o 6.42 Births Boys Howard and Elvina Phillip*. *o South Tremont Vitterio and Ophelia Mussio, 745 East Vermont. Maurice and' Sadie Peters. Methodist hospital. Eugene and Helen Ross Mthodi*t hospital Robert and Pauline Laffin. 521 East New York Girls W J and Elizabeth Hubbard. Coleman hospital. Lewis and Madelvn Lowe, Coleman hospital. Dominick and Mary Serge. 921 South East. Edgar and Pearl Prout. I*l7 Winton. Julian and Margaret Waltz. Methodist hospital. Loranzia and Ruth Albright. 180* Ashland. Harry and Dorothv Pinn. 1409 North Mount. Deaths Elm* Mav Car'.ur. 4 months. 730 South Missouri, broncho pneumonia Effie Bell Adair 38. Long hospital, pulmonary hemorrhage. Robert G. Cosier. 14. St. Vincent * hospital. general peritonitis. Edwin A. SMckney. 31. 2233 Nor*h Alabama, accidental Theresa Lew. *5. 3902 Central, coronary thrombosis. Charles E Ruschaupt. 70. 1704 North Pennsylvania carcinoma. Edward Mingus. 2. Rilev hospital, epilepsy Edna Bertha Bray. 42. St. Vincent hopital. carcinoma Htrrv Orme. 53. Methodist hospital, accidental Mary F O Del'. 48. 425 West Fourteenth chronic oarenchtmatous nephntu Hugo K’.lngsteln. 2. 2065 North New Jerev broncho pneumonia. Ous Kahn. 58 Methodiat hospital, pneumonia Warren B. Shelton. 46, 511 South Cole, hypostatic pneumonia Anna E Mason 79. 2533 East Eighteenth, carcinoma. William D Crartcn. 74, 1549 South Belmont cirrhosis of liver. Building Permits George Scholer garsge. 126* Nordyke. 314* Fred Appel, receiver, repair* 2110 North Arsenal. *3OO. . ... Toe Ga snick basement. 901 Ketcham 150. F B Sander? air washer. 331 North Noble. 3200. ... .... G B r.d H G wiegand. building 1619 North minors. 31J.00C.

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

Following is thr explanation of Ripley's •'Believe It of Not.” which appeared in Monday's Times: An Empire for a Butterfly— Early in 1802 the French ship Le Naturaliste landed in the bay on which Melbourne. Victoria, is situated today. Captain Hamelin pronounced the formal annexation of the territory mow the state of Victoria i to France under the name of Terre Napoleon <Napoleonlandi. while the bay was named Josephine bay. The Freneh expedition thus stole a march on the English, who had sailed for the same purpose from Sydney a few weeks before. When the English sloop Investigator. under Captain Flinders, arrived t It* destination <West Port i a few days later, the British found that the French ship temporarily had departed for the purpose of hunting an Australian butterfly < Priam us Hamelinusi. The Frenchmen returned a few days later, but found the English already firmly in possession. An absence of a few days and the beautiful butterfly I drew cost France a territory more than 87.000 square miles in area, constituting the extremely rich state cf Victoria in the commonwealth of Australia today. An empire for a butterfly is one of the strangest items in the history of the British Empire in its formative stages. The largest City in the World— The City of Honolulu comprises the island of Oahu and extends to all the small islands not included in any other geographical subdivision of Hawaii. Hence, it extends 1.350 miles west and 1,100 miles south of the city hall in Honolulu, and easily is the most extensive city in the world. Wednesday: Modem Stone Age Men.

Produce Markets

Delivered in Indianapolis prices: Bent heavy breeds 11c: Leghorn hens 9c: Broilers, colored springers, 2 pounds un. 17c: Leghorn and black. I>, pounds up il*.: i bareback ana partiv feathered 10c. Cock* and stags. 4c: Leghorn cocks. 3c. Ducks, large white full feathered and far. 7c; small. sc. Geese full feathered and fat. 5c Young and old guineas. 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. B’t I nilrd Prtts NEW YORK. Mav 10. Potatoes Market. | steadv: Southern. $4 504/ 9 per barrel: Idaho. $2 154/2.40 per sack; Bermuda. $6.50'/ i 9 per barrel; Maine. $1,104/2 25 per bar- • rel: Canada. $1.356 250 ner barrel. Sweet potatoes—Market, steadv: Jersey basket*. 35e4z*1.50: Southern baskets. 504/ 85c ■ Flour—Market, dull: soring naten's. $4 20*/ ! 440 per barrel. Pork Market, firm mess. sl6 75 per barrel. Lard Market, stead'-', middle west snot. $4.554i4.65 per 100 lbs. Tallow-Market, quiet: special to extra. 2 3 ,4/2 s c ner lb. Dressed noultrv —Market. ■ r< "jrkevs. 154/ 30c: chicken*. 15‘> 27r broilers. 15/28c canons 18ft 35c: fowls. 847 20c. Lone Island ducks 15c. Liv* noultrv Market, steadv; cees*. 74H2r: ducks. 84? 18c: fowls 174; 18c. turkevs 15'u 23c: rosters. 10'S 12c: chickens, pullets. 26 i 28c: broilers. 153i27c: capons. 25r. Cheese —Market, steadv: state whole milk fanev to special 10 , ,4ri9 , ,c: voung America. ll'i@l2',e. By I nitrd Prr CHICAGO. Mav 10 —Eggs- Market, steady rece/pts. 27.864 cases: extra firsts. IJ!*'/13 s *c: firsts. 12’9!3’>c: current receipts. 1t712c: seconds. 104ii0’,c. Butter - Market .steadv: receints. 14.385 tubs: extras. H'/C: extra firsts. 16’stil*c: firsts. 164; 16',c: seconds I4?15c: standards. 17c Potatoes—On track. 255: arrivals. 105: shipments. 605: market dull, weaker: Wisconsin Round Whites. 80® 85c: Idaho Russets. $1,25*rl 40; Texas Triumphs. $3 50 t 3.75: Louisiana triumph*. $3 25® 3.60. By f nitrd Pres* CLEVELAND. Mav 10—Butter- Market, steadv: extras. 21'.c: standard*. 21c. Eggs Market, steady extra firsts. 12',e; current receints. 12®!2'.-c Poultry Market, steady heavy fowl*. 154/16c medium fowls 164/ !7e: Leghorn fowl* 13®14f: heavv broilers. 21® 23r Leghorn broilers 17? 19c: ducks 1J4?14c. old cocks. 10c. ae**.-. 8c Potatoes—Ohio. New York. Pennsvlvaniß. $047 65* per bushel sack Maine green mt . $1.251.30: few best. $1 30fi/1.l per 100-lb sack Idabo Russet large sized $1.70471.75 medium to large. sl.6?® 1.65 per 100 lb. sack By t nitrd Prrgg CINCINNATI. Mav 10—Butter- Packing stock No 1. 18c: No 2. 11c No. 3.9 c; butterfat. 12 fr 14c Eggs—Firm cases included: Extra firsts. 12',c. second. 10’ c: nearby ungraded. 12c Live poultry—Thin and coarse stock sell* onlv at heavy discount: fowls 5 Ibj. and over. 13c: 4 lb* and over. 13c; 3 lbs. and over. !3e: Leghorns 3 lbs. and over. 12c: roosters .c colored broilers. 1 lb. and over. 18c; 1 , lbs and over. 21c 2 lbs and oxer. 21c partly feathered. 15c; Leghorn broilers. 1 lb. and over. 18c l'a lb* and over. 19c. 2 lbs. and over. 21c; black springer* 12c: i ducks, under 3 lbs sell at liberal concessions ducks, white. 4 lb* *nd over. 10c; under 4 lbs 8c: colored lbr and over. I 10c: under 4 lbs . 8c: turkevs. No 1 hens, a lb*, and over. 15c. young toms. No. 1. 10 ibe. and over. 15c. RAW UGAR TRICE* Mav 9 High. Low do** January 83 .80 .32 March *} July .tt .94 .It September ;5 .71 ’4 December -* 0

li \ er4*ter*6 T • 19 1 Patent Offie# RIPLEY

Dow-Jones Summary

Central Indiana Power Corroanv declared the regular quarterly di'idend nf $1 75 on 7 ner rent nreferred stork, payable June 1. of record Mav 20. Ouring fleet seven davs of Max. Chicago. .Milwaukee. St. Tiil and Paeifie nandled 21.301 ears of revenue freight, against 29.996 during aamr period of previous year. Wisconsin Valiev Electric Company, n subsidiary of Standard Ga* Ar Elefc'rlCompany reported for vrar ended Dec. 31. 19.71. profit of $389,279 after expenses, interest, depreciation taxes bur before amortization, aaetn.st $357,295 in 1930. .Southern California On Company In twelve months ended Marrh 31 reported ne? nt $3,343,254 against $2,835,785 In preceding twelve months. California Orrenn Power Company and subsidiaries nf Standard Gas A Eleetrle Uomnany for year ended Der. 31. 1931. Shows profit of *609.6.52 after rieprerlation. interest and taxes, hut before amortisation, against *1.018.', 1t in 1930. • —— Western Pipe and Steel Company nf California declared the tegular ousrterlv dividend of $0 cents on common stock. Datable June 5. of record Mav 25. New Jersey Zinc Company in ouarte* cnrid March 31 1932. reported net income of $591,104 after taxes, depreciation, depletion and contingencies aaginst SB6O 769 In first Quarter of 1931 Assneialed Gas and Eleetrie system In twelve months ended Feh. 29. 1932. showed net after taxes and depreciation at *3.811.331 before interest, preferred dividends of underlying rnmpanies. etr.. against $11,688,133 in previnu* twelve months. John R. Thompson in March Quarter earned 65 rents a share, against 72 cents in March 1931 quarter Island Creek Coal Comnanv mined 244,24.7 tons of coal in April, against 327.707 in March, and 300 349 in April 1931. Brown Fence and Wire Company declared the regular quarterly dividend of 30 rents on rlass A stork oavable Mav .11. of record Mav 14 Union Metal Manufacturing Company in 1931 reported net loss of $91,196 after rharres. against net profit of $260,906 in 1936. Columbia Picture* Corporation declared ’he regular ouarterlv dividend of 75 rents on preferred stork, pavahlr June 1. of record Mav 19

In the Cotton Markets

■Bv Thomson A; McKinnon) NEW YORK. May 9 —The cotton market showed very little in the way of volume this morning. The tone was easy after the opening. Cables had been poor and Lh'erpool in the early trading was sending small selling order to New York. The south was a seller on balance. The trading was only mildly interested on the decline, which had amounted to about 15 points in the early afternoon. General textile news was mildly encouraging. The weather map was favorable. The crop, which was backward two weeks ago. seems to have shown improvement and is not more than a week or ten days late in our opinion. We see nothing at the moment to stimulate the market, but at the price now current, we feel that purchase on declines is the best policy. CHICAGO -Mar High. Low Clo.e January 6Si 617 618 March 8 47 8 33 8 34 May .... 5 86 July $ 89 S 75 5.78 October 8 13 5 97 5 97 December 6 24 6 11 8 11 NEW YOB K High. Low C!oe January 6 2$ 6’.3 6 13 March 6 4$ *’B 6 29 Mar SSI 5 $4 5.54 Julv 5 *2 $ 44 $ 4$ October 6 06 5 88 599 December . . 6.21 692 604 NEW ORLEANS January 6.69 6 67 * 67 March 4 38 6 2* 6 24 Mar 5 47 5 42 5 42 July 5 79 5 44 5 67 October 4 64 5 85 6 87 December 4.17 • 5.98 809

New York Curb Market

•By Thomson i. cKinner.• May 101 l ll 00 Close Am Gas A Elec 27 Ford of England Hi Am Sup Pwr... 2 Gulf 0:1 32 Aaso Gas ii Elec 2*. Nta Hud Pwr .. 4N Bra* Pwr * Lt. B’v S! Indus * Cities Service .. J* Bid of Ind 17', Cons G of Balt 52’. Un Gat 'A I', Com Edison ... 71 Un Lt At Pwr.. J’ El Bond * Sfc 12 s i Ui Pwr *. Ford of Can 7*

/ Buy BUILDING 6c LOAN NEWTON ACCOUNTS i Tnnn Sell J 413 Lemckc Bldg. * > IUIIU

PAGE 11

STOCK MARKET SHOWS UNEVEN SALES ACTION Decrease in Unfilled Steel Orders Causes List to Dip.

Average Stock Prices

Average of thtrtv industrials for Mondar 57 0* off lOf Average of twenty rati* 20 92 off 73 Average of twenty uttlitlex 24 oi. off 18. Average of thirty bond* 73 94 uo 05 BY ELMER C. VALZER l nitrd Treia Financial Editor NEW YORK. May 10 —The xtock market brpan a slow recovery today under leadership of the petroleum shares after prices had moved listlessly through the first hour of trading Dealings were restricted somewhat by the uncertainties of the unfilled order report of the United States Steel Corporation for April, made public at noon Aside from hesitancy in Steel common, however, the entire market showed considerable improvement. Persistent strength in the oil shares served to reassure speculators and buying operations spread over a number of active issues such as American Telephone, American Can, Union Pacific and Du Pont, which made gains of more than a point each over their early lows. Oil Issues Strong Imminence of the conference among officials of the SoconyVaemim Corporation, the Royal Dutch interests and representatives of the Russian oil industry was the signal for further buying of oils, many traders believing the talks might result in constructive moves in the oil industry. Ohio oil was a leader of this group, rising nearly a point to above the $8 level, anew high for the year. Similar gains took place in Standard Oils of California and New Jersey. Seaboard Oil and Consolidated OH. Publication of the United States Steel Corporation's Apr.l 30 unfilled order statement, showing a loss of 145.487 tons, caused a mild flurry of selling. The further shrinkage in orders brought the Steel Corporation's unfilled business to 2.326.926 tons, a record low. Steel Sells Down Steel Common, after advancing ’k point to 30 1 in the late morning. fell off to below its previous closing level. Many other leaders receded The car loading statement for the week ended April 30 showing a loss of 8.368 ears from the preceding week, was better than expected and contributed to railroad firmness. Atchison and Union Pacific were prominent in the upturn in these issues. Another source of help for the stock market was the sharp improvement in the bond market, with United States government issues in particular demand. Hesitancy in bonds Monday was a deterrent to speei|lative activity in stocks.

Bank Clearings

INDIANAPOLIS STATEMENT - May 19— Clearing* 42 986 660 66 Debit* 4.753.000 90 TREASURY STATEMENT —Mav 19Net balance for Mav 7 ... 4648 712 664 48 Expenditure. 14.434 727 64 Customs rects. mo. to date.. 4.161.599.18

Investment Trust Shares

ißv James T. Hamtl! St Cos.) PRICES ART TO 12 NOON Mav 19 — Bid. Ask. Am Founders Corp com ’ '<s Amer snd Gen Sec ;Ai 1 3 Am Inv Tr Shares 1 'uz 1% Collateral Trustee Share* tAi 2 J S'/* Diversified Trustee Shares tAi 4', ... Fixed Trust. Oil Share. I'-, ... Fixed Trust Shares 'Ai s'/* *; Fundamental Trust Share* (At 2'a 3 Fundamental Trust Shares iBl 2’ J 1 * Leaders of Industry <A/ 2'% ... Low Priced Shares 2 2V* Mass. Inv Trust Shares 12 ! i 13'z Nation Wide Securities 2',4 2% Selected Cumulative Shares... I s * 1% Selected Income Share* 4 s * 4H Shawmut Rank Inv Trust 1 Trustee Std Oil tAi. 2’* S'4 Trustee Std Oil tßi 2*a J U S Elec Light and Power 'At 12 14

New York Bank Stocks

•Bv Thomson A- McKinnon) May #— Bid. Ask. Bankers 49 81 Brookivn Trust 176 186 Central Hanover Jl6 3)4 Chase National 29’-* 31% Chemical 39 33 Citv National *4'* SB'/4 Corn Exchange 49$* 5344 Commercial 118 326 Continental 13'* Is'£ Empire 21 23 First National 1.196 1.296 Guaranty 232 237 Irving l’a 17V Manhattan Sr Cos 26 5 235, Manufacturers 23', J 2S'/a New- York Trust 71 74 Public 26'i 23'/4

Foreign Exchange

'Bv James T. Ha mill Sc Cos. > Mav 19Open. Sterling England 348 Franc France 0.794’.* Lire. Italy 9518 Franc. Belgium 1404 Mark Germany 2383 Guilder. Holland 4055 Pesta Spain oaoi Krone. Norway 1874 Krone. Denmark 2012 Yen. Japan .7262

AUTO FINANCE At 6% Come direct In // before you buy if ynt, want to sate nn the finance charges. GREGORY A APPEL 247 >. Penn. Llnroln 7191

James T.Hamill & Company Private Wire* to AU Leading Market* Indianapolis MEMBERS Chicago Stork Exchange Chicago Board of Trade Indiana poll. Board nf Trade Associated New York Curb 203 Continental Bank Bldg. Tel.. Kllev *493 Klley MM