Indianapolis Times, Volume 44, Number 210, Indianapolis, Marion County, 11 January 1933 — Page 9
JAN. 11, 1033
STOCK SHARES HOLD GAINS IN ACTIVE TRADE .Rails, Industrials in Good Demand: Du Pont-East-man Merger Denied.
Average Stocks Prices
A'crn ge of ‘hirty industrials for Tucsdav, high 64.57. low 61 33, last 64.33, up 204 A'erase of twenty rails 23 53. 23.13, 23.44, up 1.12. Average of twenty utilities 23 03. 23 0:'. 23 00. up .85. Average of forty bonds 80.06 up .34. BY ELM Kit f. WAtZER lulled Press Financial Iditor NEW YORK, Jan. 11.—Stocks rose fractions to more than a point at the opening of the New York Stock Exchange today following a spurt of 1 to more than 4 points in the late trading Tuesday Trading was active. Railroad shares were in demand with Norfolk fz Western at 120, up 1 and others up fractions. Industrials were firm with steel issues strong. Steel common opened 2,000 shares at 331,,1 1 ,, up and anew high for the year, while the preferred rose to 63 Ts , up Air reduction was at 04’j, up 1 ; .American Telephone 103 up 1 *; Standard of New Jersey 31'*, up',; Auburn Auto 544, up 4; Public Service 544, up 4; Brooklyn Union Gas 81 4, up 14; Union Pacific 764, up : h and Atchison 45 4, up 4. United Aircraft opened 5,000 shares at 284, up 4. A sizeable list of blocks of 1,000 to 2,000 shares appeared on the tape. Reports that Du Pont was to absorb Eastman Kodak were denied by both sides, but demand continued for the stocks. Du Pont opened at 40%, up % on a block of 1,000 shares and later made anew high for the year at 404. Eastman opened at 59%, up 4 and then moved up to its 1933 high of 59 7 -. During the early trading, the list held around the opening levels in fairly active turnover.
Bank Clearings
INDIANAPOLIS STATEMENT —Jan. 11— Clparinas .... $2,249.000 00 Debits 6.723,000.00
Foreign Exchange
ißv Abbott, Honnin & Cos.) -Jan. 11— Open. Stfrline. Encland $3.35'/ Franc. France 0390*2 Lira. Italy 0512 Franc. Beleium 1387 Mark. Germany 2375 Guilder. Holland 1021 Peseta, Spain .0817 (Clone, Norway 17.30 Krone Denmark 17.39 Yen. Japan .. 2056
Basketball Notes
An added attraction lias been carded at the Armory Sunday afternoon. Jan. 15, when t le strong Rochester in' y.i team meets the Kautsky A. C. quintet. Indianapolis Flashes A junior team, recent winners of the junior division of the Central States Anniversary tourney will meet Indianapolis Wizards in an Indiana Junior Conference tilt. The game will be played ns a preliminary to the Kautsky tilt, and will start at 2 p. m. The flashes have a well balanced squad tins year. Forwards on the team are: Ralph Smith Dick Dininger, Pete Grant, and Martin Ellis Both Smith and Diningcr are clever floor men, with Dininger being the Ace shot of the team, having averaged eleven points per game. Phil Liehr. 6 feet 3, who played with Tech last year, is he center and John Bulleit, 6 feet 1, alternates at the pivot position. Carl Troemper. Ed Fowley. Joe Mack, and Carl Wilson are the guards. North Side Aces, playing In the 15-18-vear-old class, desire games with teams having access to gyms. Call Taiboi 2709. Through courtesy to Indianapolis Flash) . the Ryker and Wooley Flashes will be known hereafter as Rvkor and Wooiey Shoe itr builders. The team will journey to New Bethel Thursday to p.ay Boosters at the liigh school gvm. Friday, the Rcbuilder meet Femdales at Hawthorne gym. Following pi: yers will make the New Bethel trip Armour. Chandler. Snutie, Olvry, Ki Uemeyer. Kottkamp and Thompson. For game: , call Lincoln 0917, ask for Harry, or write Chandler at 1922 Madison avenue. Rebuilders, desire n game for Sunday afternoon on opponents’ floor. Eli Lilly cagers thumped two strong foes, beating 7 nnsv Milk engers. 38 to 33. and St. Philips five. 35 to 32. Lilly., play Pauley Printers at Fennsy gvm Saturday night, and Sunday journey to Franklin. For games with Eli Lilly, write Harry Heflin. 1020 High street, or call Drertcl 2020-M. Communal Midgets will take on their old rivals, the Kirshoaunr Bulldogs, at Communal hall Sunday night. The Midgets lineup will Include Wechlcr and Nelson, forwards; Levy, center, Waiss and Cohn, guards. Black Bat: defeated South Side Bearcats, 27 to 25, Phillip led the winners in scoring, while Staggs was best for the losers. Bats p.a\ Plainfield Bovs' School Saturday Foi games, call Belmont 1132-J. ask for Bill after 6 p. m. Scars Roebuck five crashed through to its first win in the Capitol City League Tuesday night at the Y. M. C. A . turning back P. R Mallory aggregation, 24 to 20. Lincoln Chiropractic college celebrated its return from the holiday., bv trouncing the Sigma Club quintet. 30 to 16. The Lincoln team played a good game. The feature game of the evening brought togeihe: the undefeated De Molav's and the William H. Block team After a seeraw fracas all the way ihe fraternity boys nnall.v no ed Into a 34-to-oo lead at the finish. Ferguson was the stellar man for the winner: while Fletcher was bet for thr Block team. Bender and Purcell did a fine job ol officiating. Thursday evening on the Y. MCA floor, the De Molay will plav the crack G. * J. Tire cage team De Molay Is coached by Rose Smith. Saturday. Jan. 14. there will be two interesting games at the Y. M C A. The first mil be betwen the Mallory's and Sigma Club, a regular Capitol City League game, and the second will bring together two department store teams, the Blocks and Ayres organizations. Central Avenue Amigos drubbed Zion Evangelical 41 to 20. at Central gvm Monoav Travis and Austin led the winners in scoring, with Smith outstanding for th> losers. Central A team defeated Indianapolis Invaders. 26 to 2!. in a slow game Central was outscored 16 to 6 in the finai period. Bonta was best- for the winners while Martin scored sixteen Doints for the losers For games with Central, phone FI 1838 between 6 and 7 p. m ask for End. Tartans defeated I T U. Juniors 16 to 13 Rilev and Dean were best for the winners while Bennett was outstanding fothe losers Tartans would like to book times with teams nlaving in the 15-17-year-old class Call Dr 4685 between 5 end 6 n m ask for Red Tartans have beer. strengthened bv the addition of Dean ;ix foot, four Inch center. Others fa the lineup are Biliman. Brown Ebeler kilev Weber. Willmeth and Woodbock Irvington Fivers thumped Fiackville Flashes. 38 to 16. Fivers would like ’o complete their schedule. Writ# Leo Lee JOO2 East Washington street, or rail Tr 0938 Bridgenort Fivers. Star.da.rd Grocery and Broadyvav M E.. notice. Grande Aces claim a forfeit came over Kingnn lobbing basket team Aces desire rames mi home and home schedule. Phone Bel 1912 Layvrence and Mooresville teams take noti.-'. I. U. MATMEN OrEN By United Prr* BLOOMINGTON. Ind.. Jan. 11.— Coach Billy Thom's Indiana U. wrestling team will open its season here Saturday opposing lowa State graplers. coached by Hugo Otopalik. 1932 Olympic team mentor. diamond muting called Mohawk A C. will hold a serv important baseball meet In* Fndav niaht at the home of Chick Brady. 918 West Thiriv-second stree' at 7 30. All last year's pasumers are asked to be nresent. Shank. • Woerdran Hellmer Harakas. Robev. Collins. Weber. Chapman Goode. Crews. Wilson. Merach and anv other men wishing to nlav road ball this coming season are asked to be present at the meeting Friday night.
New York Stocks — ”<B Thomson fit McKinnon
—Jn. 11— Prev. Railroad*— High Low 11:00, close. Atchison 464 454 46 454 Ati Coast Line.. 234 234 23', .. Bait & Ohio ... 104 104 104 10\ Chesa fc Ohio.. 28 4 274 28 4 23 Chesa Cor p ... 164 164 Can Par, 144 144 144 144 Chi Ort West 2 4 Chi N West 64 54 64 54 C, R 1 4 P 54 54 54 54 Dei L <fc W 27 4 28', 27 4 264 Del Hudson... 58 4 57 4 58 4 57 4 Erie 64 64 Erie Ist pfd .. ... 74 Great Northern. 114 104 114 104 Illinois Central.. 144 144 144 14 Kan Citv- So . ... 84 Lou A: Nash.,.. 274 26 27', 354 M K&T 74 74 74 74 Mo Pacific 4 4 4 4-r, 4 Mo Pacific pfd.. 7 64 84 64 N Y Central. 214 204 214 21 Nickel Plate 34 34 NY NH fie H. 174 164 174 174 Nor Pacific . ... 174 164 174 164 Norfolk & West. . ... 120 1134 O A: W 10 94 10 94 Prre Marq . , 6 4 Pennsylvania ... 18', 184 184 184 Reading 30 4 Seaboard Air L. . . . ... 4 4 So Pacific 194 194 194 194 Southern Ry ... 64 64 6 4 64 St Paul ~ 24 24 St Paul pfd 34 34 34 34 St L & S F ... 14 14 Union Pacific... 77 4 76 4 77 4 76 4 Wabash ... ... 24 Wabash ... ... 24 W Maryland 64 64 Equipments— Am Car fie Fdy., .. ... ’ ... 74 Am Locomotive.. .. .. 74 Am Si eel Fd ... 7', 7 4 - '7 4 7 4 Am Air Brake S 104 104 104 104 Gen Am Tank... 194 184 194 19 General Elec 164 164 164 16 Gen Rv Signal.. .. ... 174 17 N Y Air Brake.. .. ... 84 ... Pullman . 22 214 22 224 Westingh Ar P. . 144 144 144 14 Westingh Elec... 314 314 314 314 Rubbers— - • Firestone 134 134 134 ... Goodrich ... 5 4 5 4 Goodyear 164 164 164 164 Kelly Sprgfld 14 Lee Rubber ... 2 U S Rubber 54 5 Motor*— Auburn 55 54 55 534 Chrysler 174 16', 17 164 General Motors. 144 144 14', 144 Graham-Paige... 24 24 24 24 Hudson ... 54 5Vs Hupp 34 3 34 24 Mack / 20 4 20 4 Marmon .. 11,I 1 , 14 Nash 154 14', 15 144 Packard 24 24 24 24 Reo 14 ... Studebaker .... 54 54 54 54 Yellow Truck ... 34 34 34 34 Motor Access— Borg Warner. .. 9% 94 94 94 Briggs 5 44 5 44 Budd Wheel .. 24 2 Eaton ... 6 El Auto Lite 204 20 4 20 4 2fP, Honda ... ... 24 Motor Wheel 34 3 4 Murray Body ... 34 34 3 4 34 Snarks W. ... ... 14 Stewart Warner. .. ... ... 34 Timken Roll 16*/ 8 16 164 16 Mining— Am Smelt 144 14 144 134 Am Zinc 34 3 34 ... Anaconda Cop . B', 8 1 * B', 84 Alaska Jun 12', 124 124 12', Cal fie Hecla ~ . 24 24 Cerro de Pasco. 84 84 84 8 Dome Mines ..... ... . . 124 Freeport Texas 264 26,4 264 264 Great Nor Ore.. .. ... ... 64 Howe Sound ... ... 64 Int Nickel 84 84 84 84 Inspiration 33 Is! Crk Coal . . 144 .. . Kennecott Cop . 104 ' '94 10 10 Magma Cop 74 ... Miami Copper.. .. ... ... 24 Noranda 184 18V, 184 184 Texas Gul Sul... 244 23 s ,' 23 4 24 4 U S Smelt ..... 154 154 154 16 Oils— Amerada ... 214 22 Atl Refining ... 164 16 s , 164 164 Barnsdall . 44 4 4 44 Houston ... 33 Sbd Oil 19V, 19 19 194 Mid Conti ... 44 44 Ohio Oil 74 7 74 7 Phillips ...... .. ... 6 54 Pure Oil ... ... 34 Richfield 4 4 Royal Dutch 21 21 Shell Uo 54 54 54 54 Cons Oil ... 54 54 Standard of Cal 254 254 25 4 254 Standard of N J 314 314 314 31 Soc Vac 7 s , 74 74 74 Texas Cos 144 134 134 134 Union Oil 114 11 Steels— Am Roil Mills .. 104 94 104 94 Bethlehem 164 164 164 164 Byers AM 15 144 15 144 Colo Fuel 74 6*2 Inland ... ... 15 Ludluin ... ... 6 McKeesport Tin. 49 4 48 4 49 48 4 Repub I fie S . .. 74 7 74 74 U S Steel 314 304 314 31 Vanadium 144 14 144 134 Youngst S & T.. 134 134 134 134 Tobaccos— Am Tob (A) new 614 61 Am Tob 181 new 63 4 62 4 63 63 Con Cigars ... 44 Lig fie Myers 8.. 53 574 58 574 Lorillard 13 .124 13 134 Reynolds Tob .. 294 29 s , 29 s , SO United Cig 4 4 Utilities— Adams Exp 54 54 Am For Pwr.... 74 74 74 74 Am Pwr & Li... 84 8 84 84 A T & T 1094 108 4 108 s , 1084 Col Gas A- E 1... 174 174 17', 174 Com fie Sou 2 s , 24 Cons Gas 624 624 624 624 El Pwr & Li. . . 74 74 74 74 Gen Gas (At. . . 14 14 14 14 Inti T & T. 8 7'i 74 7", Lou Gas &El 184 184 Natl Pwr fie Li.. 144- 144 14', H 4 No Amer Cos . 314 30 s , 31 304 Pac Gas A: El., 314 30 4 30 4 30 4 Pub S~rv N J,, 54 3 , 544" 54 4 544 So Cal Edison.. 274 27 4 27 4 274 Std GA: El 154 15 154 144 United Corp .... 9 s , 94 94 91, Un Gas Imp.. . 20 s , 20 4 20 s , 204 Ut Pwr fie L A.. . ... 34 West Union 304 304 304 304 Shipping— Am Inti Corp.... 84 8 84 74 N Y Ship 2 ... United Fruit .... 264 25*4 264 254 Foods— Armour tAt ... 14 p, Beechnut Pkg .. .. .. 471 2 4(51. Cal Pkg 104 los,0 s , Can Dry 104 94 10’, 104 Coca Cola ... .. ... 79 781, Corn Prod ...'.. 56 4 55 s , 55 s , 564 Crm Wheat 27 264 27 26 s , Cudahy Pkg 23 23 1 - Cen roods 27 264 264 27 .Jewel Tea . . 25’* Kroger 18 174 174 174 Nat Biscuit .... 404 404 404 40'-> Ilat 1 Dairy ... 174 174 174 174 Purity Bak ... ... 9.4 Pil'sbury 114 n Safeway St 42 4 414 42 414 Std Brands 15 s , 154 154 154 Drug*— Coty Inc 34 34 Drug Inc 36 4 36 4 36 4 4 364 Lambert Cos 34 4 33 4 33 4 334 Lrhn A- Fink... 184 18 184 174 Am Radiator ... 74 74 74 74 Industrials— Certainteed .. .. 1 C.cn Asphalt .. 74 74 74 74 Otis Elev ... .. 134 124 124 13 Ulen ... ... 14 Indus Chems— Air Red 624 614 624 ... Allied Client 89 88 88 4 894 Com Solv 114 114 114 114 Du Pont 414 40 4 41 40 Union Carb 284 28 28 274 U S Ind A1c0... 274 27 27 27 Retail Stores— Assoc Drv Gds. . 5 4 54 54 ... Gimbel Bros ... 14 14 14 ... Kreske S 5.... 104 10 10', 104 Mav D Store 134 134 Mont Ward .. 144 144 144 144 Penny J C 264 26 3 , 26* j 26 4 Scars Roc 214 214 214 22 Woolworth 36 4 354 35 4 354 Amusements— Croslev Radio ... 34 Eastman Kod 594 594 594 594 Fox Film A 24 Grigsby Gru ... ... 14 Loews Inc 194 19 194 194 Param Fam. . 24 24 24 24 Radio Corp .... 54 54 54 54 R-K-O 3 Warner Bros 24 24 Miscellaneous— Airwav Ann ... 14 ... rroc A- Cam 28 4 28 4 28 4 284 Allis Chal 8 4 84 An Can 614 614 614 614 3 I Case 494 484 484 484 Cant Can 424 414 424 414 Curtiss VVr 24 24 24 24 Gillette S R. ... 20 4 19 s , 20 194 Gold Dust . 164 164 164 164 Int Harv 25 4 24 4 24 4 25 Int Bus M .... 974 97 97 974 Real SHk 64 Un Arcft 28 4 28 28 4 27 4 Transamerica ... 54 54 Owens Glass ... 354 35 4 New York Bank Stocks (Bv Thomson fie McKinnon) —Jan 10 - Bid. Ask. Banker* 74 4 <64 Brootlvn Trust 177 192 Central Hanover 148 152 Chase National 364 384 Chemical 40 42 Citv National 454 474 Corn Exchange 744 774 Commercial 150 160 Continental * 174 194 Firs’ National 1.510 1.560 Guaranty 340 345 Irving 244 264 Manufacturers 30 4 324 New York Trust 100 103 Pt.hliC 384 304 Title 334 * 64 New York Liberty Bonds —Jan 10Close. Liberty 34s '47 . 102 24 Liberty Ist 44s '47 102.25 Liberty 4th 44s 38 103 20 Treasury 44s '52 110.13 Treasury 4s '54 117.1 Treasury 34s '56 105.2 Treasury 34s '47 102.13 Treasury 34s '43 March 102. U Treasury 34s '43 June 102.13 Treasury 3Vs '49 99 30 Treasury 3s '55 98.25
GRAIN OPTIONS SHOW UNEVEN PRICEJCTION Failure of Liverpool to Sell Higher Affects Chicago. BY HAROLD E. RAIXVILLE United Press Staff Correspondent CHICAGO, Jan. 11. Wheat opened irregularly % to % cent higher on the Board of Trade today. Disappointing Liverpool cables and profit-taking selling tended to depress the market although stocks were firm and there was scattered buying of July. Trading was generally light at the start with no great pressure and limited activity. Corn showed strength on the cold weather and was 4 to 4 cent higher. Oats was unchanged to 4 cent lower and dull. Weather Cold, Dry Rye was 4 cent lower but barley was 4 cent higher on the new grading report of the committee for malt and delivery grades. Provisions were steady. Activity was at high pitch Tuesday as shorts joined new buyers in boosting prices. The strong buying that has lifted May around 7 cents in ten days disturbed shorts. Offerings still were limited on the advance. The weather is much colder everywhere and the southwest still is dry. Liverpool opened higher and at mid-afternoon was 1% cents to 1% cents higher, not as much as due. Corn Scores Gains Corn lacked the activity and enthusiasm shown by wheat, but scored a good advance, nevertheless. The country sold 95,000 bushels on the rise and cash handlers indicated increased offerings could be expected on any further upturn. Oats continued to lag, but the market is well liquidated and in a position to rally. Chicago Primary Receipts —Jan. 10— Wheat 479.00(1 Corn 475,000 Oats 154,000 Chicago Futures Range —Jan. 11— WHEAT— Prev. High. Low. 10:00. close. Mav 51 .50'/, .501* .50*2 July 50% .494 . 50 .50 Sept 51 .50 V 2 .504 .50 4 CORN— Mav 284 .274 .28 4 .274 July 294 .294 -294 .29 4 Sept 304 .30*2 .30*2 .304 OATS— May 18 .174 .174 .18 July 18 4 .184 .184 .184 RYE— Mav 374 .364 .374 .37 July 37 4 .36 4 .364 .364
Indianapolis Cash Grain
—Jan. 10 — The bids tor car lots of grain at the call of the Indianapolis Board of Trade, f. o. b.. shipping point, basis 41* ic New York rate, were: Wheat—Firm: No. 1 red, 41®42c; No. 2 red. 40®41c; No. 2 hard. 42@43c. Corn—Steady: No. 3 white. 16*2®17)2c; No. 4 white. 15*2016*20; No. 3 yellow, 16*20,17*ac: No. 4 yellow, 15*2®16*2C; No. 3 mixed, 15*2®16>2C; No. 4 mixed, 14V 2 ® 15* ->c. Oats—Steady: No. 2 white, 13@14c; No. 3 white. 12>2@13*2C. Hays—Steady: (f. o. b. country points taking 23' 2 c or less rates to Cincinnati or Louisvillei No. 1 timothy, $5.50@6; No. 2 timothy, *[email protected]. —lnspections Wheat—No. 2 red. 2 cars. Total, 2 cars. Corn—No. 3 white, 4 cars; No. 4 white, 6 cars; No. 3 yellow. 7 cars; No. 4 yellow, 17 cars: No. 5 yellow, 1 car: No. 3 mixed, 1 car; No. 5 mixed, 1 car. Total 37 cars. Oats —No. 2 white, 4 cars; No 3 white. 2 cars; No. 4 white, 1 car. Total. 7 cars. INDIANAPOLIS WAGON WHEAT City grain elevators are paying 43c for No. 2 soft wheat. Other grades on their merits. CHICAGO CASH GRAIN By United Press CHICAGO. Jan. 10.—Cash grain close: Wheat—No. 2 hard. 49c Corn—No. 2 mixed, 24*4c: No. 3 mixed. 23*2C; No. 4 mixed. 22 3 0®23c: No. 5 mixed. 22Uc. No. 3 vellow, 23 3 4®24*ic; No. 4 yellow. 22' 2 0 23*40: No. 5 yellow, 22*ie: No. 3 white. 23*2® 24c: No. 4 white. 22 5 4@23',4c; No. 5 white. 22*2C; (oldi No. 2 vellow. 25®25*2C. Oats No. 2 white, 17®17*.4C: No. 3 white, 16 3 4 0.17 c: No. 4 white. 14*, 2C; sample grade. 12 1 20 13*2C. Rye—No sales. Bariev 25036 c. Timothy—[email protected]. Clover—ss.so® 8.50. By Ujiited Press CHICAGO. Jan. 11.— Carlots: Wheat. 2; corn. 82: oats. 12; rye. 2, and barley. 5. TOLEDO CASH GRAIN By United Press TOLEDO. Jan. 10.—Cash grain close: Grain in elevators, transit billing. Wheat —No. 2 red, 54*2055*2C; No. 1 red lc premium. Corn—No. 2 yellow. o@3lc. Oats— No. 2 white. 210.22 c. Rye—4s*i@46*aC. Barley—No. 2. 31832 c. (Track prices 28*2C rate. Wheat—No. 1 red. 51051*20; No. 2 red. 50 8 50'ic. Corn No. 2 yellow. 25*2 0 26* _-c: o. 3 yellow. 24*2 0 25c; No. 4 yellow. 23 0 24c: No. 5 yellow, 21*2022*20. Oats —No. 2 white. 18®i9c; No. 3 white. 17 ®lßc. Seed close: Clover—Cash. $5.40. Alsikc—Cash, $5.80. Produce close: Butter —Fancy creamery. 26c. Eggs—Extras. 26 <2 27c. Hay—Timothy, per cwt., 80c. HEART ATTACK FATAL City Man Falls From Chair, Dies Before Aid Can Reach Him. While John Hohl. 50. of 2039 Singleton street, was eating with his wife and son early Tuesday night, he fell from his chair and was dead when police arrived. John A. Salb, deputy coroner, said heart failure was cause of death.
Your Views on ‘Cheating’ May Be Worth S2OO Cash
What Would You Do About Unfaithful Mate? Write for Money Prize. Would you bounce a flatiron of! his head? We mean. Mrs. Wife—if your husband were unfaithful and you found it out—would you give him the benefit of the doubt before condemning him. or would you vamoose, walk out, quit cold? And you, Mr. Husband—naturally you wouldn’t heave the percolator at your wife, but you might de moved to sharp criticism, were her infidelity proved beyond all doubt. You might even indulge in strong words. Or would you? Consider the question before you try to answer the first one, though. Could you use SIOO in cold cash if it were handed to you? You could? Listen; Ronald Colman’s latest moving picture, "Cvnara,” with beautiful Kay Francis playing opposite him. comes to Loew s Palace Friday. In the picture they are man and wife, and it is the story of a husband who suddenly finds himself in an affair with another woman. The infidelity* comes to light, and
THE INDIANAPOLIS TIMES
DOW-JONES SUMMARY
Consolidated Cigar Corporation declared the regular quarterly dividends of SI 624 on prior preferred stock, payable Feb. 1, of record Jan 20. and $1.75 on preferred stock, payable March 1, of record Feb. 15. Chicago, Burlington & Quincy Railroad handled 15,076 cars of revenue freight in week ended Jan. 7, against 13.646 in previous week, and 21,033 in like 1932 week. Canadian Pacific Railway reported gross for first week of January at $1,598,000 against $2,052,000 in like 1932 week. Production of electricity by Electric Light and ' oner industry of United States for w ek ended Jan. 7. amounted to 1.480.639 000 against 1.619,265.000 kwh tn like 1932 - eek: output in week ended Dec. 31. otaled 1,414.710,000 against 1.523.652.000 kwh in previous year, and in week eni id Dec. 24. amaunted to 1,554.473,000, against 1 564,652,000 kwh in 1931. Gasoline storks during week ended Jan. 7. declined 90,(KKt barrels to 52,219,000 barrels; domestic crude oil outnut during week average 1.777.450 barrels daily, an increase of 79,300 over previous week. Pittsburgh. A- Lake Erie In November reported net income of 5184.054 after charces. against $215,576 in November. 1931; eleven months amounted to $1,175,668 against $2,622,757 in first eleven months of 1931. Cluett Peabodv & Cos. declared the regular auarteriy dividend of 25 cents on common stock, payable Feb. l. of record Jan. 21. New York Central in week ended Jan. 7. loaded on own lines 29.732 cars, against 33.301 in same week last year; received Iront connections 42.286 cars, against 52.087: total cars handled totaled 72,018 against 90.388 in same week of 1932. J. C. Penny Company in December reported sales amounting to $18,912,096 against $21,279,066 in December. 1931. a decrease of 10 9-10 per cent. Dailv average production of crude oil in California for week ended Jan. 7, totaled 469.600 barrels against 472,600 in preceding week, and 505.600 in like 1932 week.
Produce Markets
Delivered in Indianapolis prices: Hens, heavy breeds over 44 lbs.. 12c: Leghorns, 6c: Colored Springers. 14 lbs. up, 9c; Leghorn and black. 14 lbs. un. 6c; stags. 6c; Leghorn stags. sc; cox. sc: Leghorn cox. 4c. capons. 9 lbs. and up. 15c; 8 to 9 lbs.. 13c; 7 to 8 lbs., 11c; 6 to 7 lbs.. 10c; under 6 lbs., redheads and slips. 9c. Ducks, large white full feathered and fat. over 44 lbs.. 6c: small and colored. sc. Geese, full feathered and fat. 6c. Young Guineas, 20c: old guineas, 15c. Turkeys, choice young hens 8 lbs. and up. 12c: choice young toms, over 18 lbs.. 12c; choice old hens, lie: choice old toms. 8c: poor or crooked breasted. 6c. Eggs, approved buying grades American Poultry Institute. Fresh eggs. No. 1 24c: No. 2. 20c: No. 3.16 c. T'nes prices for healthy stock free from feed. No sick pcultrv accepted. Quoted by the Wadley Company. BY UNITED FRESS CHICAGO. Jan. 11.—Eggs—Market, weak; receipts, 10,018 cases; extra firsts. 270 274 c; firsts. 260 27c: current receipts, 24 Ca 25c; dirties, 20® 23c. Butter—Market, -weak; receipts. 7,274 tubs; specials, 2044), 21c: extras. 20c; extra firsts, 194@19 n ic: firsts 194(19*40: seconds. 18@184c; standards,'2oc. Poultry—Market, easy; receipts. 31 trucks; fowls. 12®13c; springers. 10® 11c; Leghorns. 94c;- ducks. 9(7/11c; geese. 9c; turkeys, 10® 14c; roosters, 74c; stags, 9c; Leghorn broilers, Bc. Cheese—Twins, 114@ll a ic; Longhorns, 12®:12>,4C. Potatoes—On track, 170; arrivals, 62; shipments, 693; market dull, steady; Wisconsin round whites. 70 0 75c; Idaho russets, $1.20 @1.30: Miichigan russet rurals, 70c@724c. NEW YORK. Jan. 11.—Potatoes —Quiet: Long Island, 60c®52.40 barrel; New Jersey. $1.40; southern. $1.75 barrel; Maine, 90c®51.85 barrel; Idaho, $1.50®2 sack; Bermuda, $64/6.50 barrel. Sweet potatoes —Steady; Jersey baskets, 30C4/51.40; southern baskets. 3545 90c. Flour—Quiet; spring patents. $3,754/ 4 barrel. Pork—Quiet; mess. $14.25 barrel. Lard—Firm; middle west spot. $4.9544 5.05 100 lbs. Petroleum— Market steady; New York refined. 17c gallon; crude Pennsylvania, $1.22(81.72 barrel. Grease —Firm; special to extra. 2'i4T 24c lb. Hides—Common, inactive; city packer, ouiet; native steers. s**ic: butt brands. s'ic; Colorados. 44c. Dressed poultry—Firm: turkeys. 12@20c; chickens. 1044 13c: broilers, 1044 26c: capons. 1144 25c; fowls. 84/17c; ducks. B@l3c: Long Island ducks, 14444 16c. Live poultry-Steady; geese, B'/16c: turkeys, 1244 20c: roosters, 9c: ducks, 94513 c; fowls. 1345,18 c: chickens. 11 4516 c; capons, 114523 c.; broilers, 84518 c. Cheese—Quiet: state whole milk, fancy to specials. 164518 c; young Americas. 134419 c. Butter —Market, firmer; creamery, higher than extras. 2144522 c; extra. 92 score 21c; firsts, 91 score, 20 3 ic: firsts, 89 score, 20’ic. Eggs—Market, unsettled: special packs, including unusual henery selections, 31c; standards, 3041304 c; rehandled receipts, 2945 294 c.
The City in Brief
THURSDAY EVENTS Advertising Club and Real Estate board, joint lun'’heon. Columbia Cl - 'b. Engineering Society, luncheon, Board of Trade. Sigma Chi Alumni, luncheon, Board of Trade. American Business Club, luncheon, Co'umbia Club. Shrine Caravan Club, luncheon, Murat temple. Acacia, luncheon, Harrison. Illini Club, luncheon. Columbia Club. Croebus Club, lun ( icon. Washington. Knights of Columbus, state mass meeting, 8, K. of C. hall. Members of the local chapter of the League for Industrial Democracy will discuss final arrangements for the appearance of Norman Thomas in Keith’s theater Wednesday night, Jan. 18, at a meeting in the Y. W. C. A. tonight. Helen Swoyer is secretary of the local unit. Gain in attendance of 65 per cent last Sunday has been reported as result of the membership drive conducted by the Christian Fellowship Builders’ Bible class of the Fountain Square Christian church. Ira Dyer and E. J. Johnson are captains of the two teams taking part in the drive. Charges of petit larceny were placed against Elmer Yates, 29. and Marvin Liford, 21, both of 931 Leonard street, When police found their car filled with 100 pounds of coal alleged to have been taken from the Pennsylvania yards at Davidson and Washington streets Tuesday night.
society flays him. If you suddenly found that your wife, or husband, were unfaithful, would you do as Kay Francis does in ”Cynara”? The Loew theaters throughout the country will pay S2OO in two prizes, 5100 to a husband and SIOG to a wife, who write the best letters answering the question, "Should the wife in 'Cynara’ forgive the husband?” See the picture and then submit your answer of not more than one hundred words to the Cynara Editor, care of The Indianapolis Times. In addition to the national money prizes, The Times will award twen-ty-five pairs of guest tickets for the best twenty-five letters. These tickets will be good for the attraction following "Cynara,” at Loews Palace. These local winners automatically will become eligible for the money prizes. Every- wife and husband has asked this question. "What would I do if my husband —or wife—were found cheating?” In "Cynara.” one of the truly fine pictures of the year, lovely Kay Francis has to answer that question. In that awful moment of humiliation and wifehood she comes to a decision, and sticks to it. Should she have forgiven him? Your answer may be worth 5100.
PORKERS RISE STO 15 CENTS AT CITYYARDS Cattle About Steady With Previous Range: Sheep Sell Down. Hogs made a good showing at the city yards this morning, prices rising 5 to 15 cents on firm demand. Heavier weights were up most. The bulk, 140 to 250 pounds, sold for 53.10 to $3.35. Early top held at $3.35. Receipts were estimated at $6,000. Holdovers were 114. Cattle were about steady with the previous day's range. Fed steers and weighty cows were slow. Best fed yearlings were held above $6.25, while the bulk of plain killing steers sold for $3.75 to $4.50. Good light heifers brought $4.50 to $5.50, butcher heifers selling for $3.50 to $4.50. Fat cows made the market mostly at $2 to $2.50. a few selling up to $3. Low cutter and cutter cows were $1 to $2. Bulls sold mostly at $3 down. Vealers were steady at $6 down. Calves receipts numbered 400. The market in sheep opened 25 cents lower with good and choice native lambs selling for $5.75 to $6. A few fed westerns sold up to $6.10, with some held higher. Fat ewes brought $1 to $2. Early bids and sales on hogs at Chicago displayed a stronger tone, with prices moving around 5 to 1 cents higher than Tuesday’s average on light weights. Other kinds were steady and inactive. The bulk of good to choice porkers weighing from 170 to 220 pounds, sold at $3.15 to $3.25; early top held at $3.25, while best kinds were salable at $3.30 and above. Receipts were estimated at 22,000, including 10,000 direct; holdovers 4.000. Cattle receipts numbered 8.500; calves, 1.500; market steady. Sheep receipts were 16,000; market unchanged. HOGS J an - Bulk Top Receipts 5 $3.15(83.45 $3.50 4.000 [email protected] 3.35 • 6,000 7 3.0083.40 3.40 1.500 9 3.204/3.30 3.30 5.000 10 3.204/3.30 , 3.30 6.000 11 3.10® 3.35 3.35 6,000 Market Higher —Light Lights—-(l4o-1601 Good and choice .. $ 3.30® 3.35 —Light Weights—-(l6O-1801 Good and choice 3.30® 3.35 (180-200) Good and choice .... 3.30® 3.35 —Medium Weights—-(2oo-220) Good and choice 3.204? 3.30 )220-250) Good and choice.... 3.104? 3.20 —Heavy Weights—-(2so-290) Good and choice ... 3.004? 3.10 (270-350) Good and choice 2.95@ 3.00 —Packing Sows— C ) Down) Good 2.35®) 2.60 (5.0 Upi Good 2.254? -2.50 (All weightsi Medium 2.004/) 2.25 —Slaughter Pigs—-(loo-130) Good and choice.... 3.15® 3.35 CATTLE Receipts. 700. market, steady. —Steers—-(sso-1,100) Good and choice .S 4.75® 6.75 Common and med. 3.00® 5.00 (1,100-1,500) Good and choice.. 4.50® 6.50 Medium 3.50® 4.75 —Heifers—-(sso-750) Good and choice. 5.00® 6.50 Common and med. 3.004/ 5.C0 (750-800) Good and choice. 4.50® 6.00 Common and med. 2.75® 4.50 —Cows— Good 2.75® 3.25 Common and med. 2.00® 2.75 Low cutter & cut. I.oo® 2.00 —Bulls (yearlings excluded) Good i beefi 2.75® 3.25 Cut. com. & med. 1.75® 2.75 VEALERS Receipts, 400; market, steady’. Good and choice. .$ 5.50® 6.00 Medium 3.50® 5.50 CuU and common. 2.50® 3.50 —Calves—-(2so-300) Good and choice 4.00® 5.50 Common and med. 2.50® 4.00 —Feeder and Stocker Cattle—-(soo-800) Good and choice.. 4.00® 5.50 Common and med. 2.75® 4.00 (80-1.050) Good and choice.. 4.00® 5.50 Common and med. 2.75® 4.00 SHEEP AND LAMBS Receipts. 1,500; market, lower. —Lambs—(9o lbs. down) Good & choice. .$ 5.75® 6.25 (90-110 lbs.) Good fie choice.. 5.50® 6.25 (90 lbs. down) Common & med, 3.00@ 5.75 ■—Ewes—• Good and choice 1.25® 2.25 Common and medium 50® 1.25 Other Livestock BY UNITED PRESS CHICAGO. Jan. 11—Hogs—Receipts, 22.000. including 10.000 direct; mostly 10® 15c higher than Tuesday's average: 180220 lbs.. $3,204/3.30; top. $3.30; 230-260 lbs., $3.05(8 3.20: 270-300 lbs.. $2,854/3.05; 140-170 lbs.. 53.154/3.30; pigs. $2,654/3.10; bulk packing sows. $2,354/2.60; light, lights. 140-160 lbs., good and choice. $3,154/ 3.30; light weight 160-200 lbs., good and choice. $3,204/3.30: medium weights 200-250 lbs., good and choice. 53.054/3.30; heavy weights 250-350 lbs., good and choice. $2,654/3.10: packing sows. 275-550 lbs., medium and good. $2 204/2.70; slaughter pigs, 100-130 lbs., good and choice. $2,654/3.10. Cattle— Receipts. 8,500; calves, receipts, 1,500; light heifer and mixed yearlings, strong to 25c higher; light and long year'ing steers in liberal supply, mostly steady; weighty steers also selling steady on fairly active market: light cattle predominating in run: early top. $7.25, some held higher: best 1.432-lb. bullocks. $6; largely $4,504; 6.25 market; other killing classes steady to strong; slaughter cattle and vealers: steers 550-900 lbs., good and choice. $5,254/ 7,25; 900-1100 lbs., good and choice, $5,254/ 7.25: 1100-1300 lbs., good and choice. $4.50 5 b7.25; 1300-1500 lbs., good and choice. $4,254/6.50; 550-1300 lbs., common and medium. $3,254/ 4.50: heifers. 550-750 ibs., good and choice, 54.754/6.25; common and medium, [email protected]; cows good, $2,754/ 3.25; common and medium. $2.250 2.75; low cutter and cutter. $1,504/2.25; bulls, yearlings excluded, good beef. $2,854/3.75; cutter common and medium. $2.50(83.50; vealers good and choice, $44/6; medium, $3,504/4; cull and common. $2,504/3.50: Stocker and feeder cattle: steers 500-1050 lbs., good and choice. $44/ 5.50: common and medium. $2,754/4. Sheep—Receipts. 16.000: not established, few early sales fully steady with Tuesday's extreme decline: some interests •talking lower; good to choice native lambs. $5.50 06: holding best around $6.25; slaughter sheep and lambs: lambs 90 lbs. down, good and choice. $5,754/6.35; common and medium, $4,254/5.75; 90-98 lbs., good and choice. $5.504/6.25: 98-110 lbs., lbs., good and choice. $5 504/5.85: ewes, 90-150 lbs., good and choice, $1,754/2.75; all weights, common and medium. $1.25(8:2.25. CINCINNATI, Jan. 11. —Hogs—Receipts, 5.000, 1,893 direct and through: open slow, later trade active, generally 5 cents higher. packing Sows unchanged: top $3.55; also paid for good to choice 160 to 225-lb. weights. 225 to 250 lbs.. 53.30® 3.55, 250 to 280 lbs . $3,154/ 3 30; 280 to 320 lbs., S3B 3.15; 120 to 140 lbs.. $3.20; sows, s2® 2.25. Cattle —Receipts, 850; calves. 450; moderately active, about steady; most early sales to steers and heifers. $3,504/ 3.75, beef cows. 52.5003: low cutters and cutters. 5i.50®2.25; medium bulls. $2,504/ 3: low cutters and cutters. 51.508 2,25; medium bulls, $2.50®3.25: good to choice vealers. $54/6; plainer grades. S3B 4.50. Sheep—Receipts, 600: steady; bulk medium to good lambs. $5.508 6.25: a few- 56.50: common and medium. 53.5C*@5.25; fat ewes mostly $1 and below. TOLEDO. Jan. 11.—Hogs—Receipts. 290: market steady: heavy yorkers, $3.10@,3.20: mixed and bulk. $3.1003.20; pigs and lights. $3 Cattle —Receipts. 125: market steady; calves receipts, light: market steady. Sheep and lambs—Receipts, light; market steady. LAFAYETTE, Jan. 11.—Hogs—5® 15c up: 160-210 ibs.. *3.150 3.20: 210-235 lbs.. $3.050 3.10: 235-275 lbs.. $2,954/3: 275-325 lbs.. $2.8502 90: 100-160 lbs., $2.8003', roughs. $2.25 down; top calves, S5; top lambs. $5. By T ! mes Special LOUISVILLE. Jan. 11.—Cattle—Receipts, 125. mostly steady; bulk common and medium steers arid heifers, $3 258 4 50; best lightweights salable to $5.50: beef cows and bulls mostly $3 down: low cutters and cutters, sl@2. bulk stockers and feeders. S3O 4. Calves 175. full steady with soring lenient; bulk good and choice vealers. S4B 4.50: medium and lower grades. S3 down. Hogs—Receipts 600, 5c higher: 175-240 lbs.. *3.40; 245-295 lbs.. $3.15: .300 ibs. and up. $2 75; 135-170 lbs.. $3 25: 130 lbs. down. *2.85: sows *2 45 and stags. *1.50. Sheep—Receipts. 50. quotable steady: bulk better lambs. $5.75® 6; choice handiweighrs salable. *6 25 medium and lower grades. *5 25 down: fat ewes, sl® 2. Tuesday's sh'pments: none. Births Boys Arnold and Loraine Totton. 1755 West Morris. Lowell and Mane Foley, 3112 East New York. Girls Herbert and Ellen Cooper. 1710 Ingram. Jonas and Dorothy Frey, Methodist hospital. Charles and Nina Alcorn, 1514 Kennington.
- THIS CURIOUS WORLD -
THE OF THE - WOLVERINE is USED ro TRIA\ THE FRONT OF THE ESKIMO'S HOOD. BECAUSE IT DOES NOT CATCH FROST FROM TH T A 7 waii ft i ■ V HAS NO INSECTS V M / WaP&U. THAT POLLINATE ' 'Auiy THE BLOSSOMSOF |Y Yvrw\A rs/s/o/AtfAWAi £/ SUCH AN INSECT N$ ~ WOULD RUIN THEIR. Pineapple industry SnT' ~ FOR WHEN THE lie manakin, ' weaS a TRAL ™ AAAtKILA, WCMKA fi\ CONTAINING HUNDREDS’ g> 1933 8T WCA SERVICE. INC. |
Contract Bridge
BY W. E. M’KENNEY Secretary American Bridge League a FTER a player once lias passed, he practically loses his right to force. It is an acknowledged fact that the best place to put in a psychic bid is third hand. After a player makes a weak third hand bid and his partner, the original bidder, who had previously passed, makes a one over one force, the third hand bidder is not forced to respond. Asa matter of fact, he should pass. The danger comes in making any kind of a rebid. It is by your rebid that partner has a right to figure your hand as a strong one. An example of a third hand bid with a one over one force following is given here.
AQ-10-8-2 VA-9-6-2 ♦ A *J-10-9-7 AK-7- [NORTH] A5 4- h- m VQ-J VK-10- {2 S ♦K-J-9-5- $ H 8-7 ♦ 5-4-2 Dealer ¥K-Q----*B-F SOUTH 6-4-2 A A-J-9-6 VB-7-3 ♦ Q-10-6-3 S*A-3
The Bidding South, the dealer, does not have the required strength to make an original bid and should pass. West passes. North is third hand—he has two quick tricks, but no biddable suit. While not a particularly good hand, it must not be passed third hand. The question is what to open the bidding v;ith. Personally, I prefer to op>en with o* 3 -' -'•*'•>, and if my partner responds with either major. I will pass. When this hand was played, the North player decided to open with a psychic diamond bid, reasoning that if his partner overcafied with either major he would pass, while if partner bid two diamonds he would try two no trump. If the opponents were to play the hand, a diamond opening on the part of his partner would not hurt the hand. Let us go back to the original
Investment Trust Shares
PRICES ARE TO 12 NOON C. S. T. (Bv Abbott. Hoooin & Cos.) —Jan. 11— Bid. Ask. Am Founders Corn com 87 1.00 Arrer and Gen Sec <At 4.50 6.50 Am Inv Tr shares 1.00 1.50 Basic Industry shares 2.00 2.25 Collateral Trustee shares <Ai .. 3.00 3.25 Corporate Trust new 1.65 1.75 Cumulative Trust shares 2.88 2.92 Diversified Trustee shares (A).. 7.37 7 87 Fixed Trust Oil shares A.... 5.85 5.95 Fixed Trust, Oil shares B ... 4.70 4 80 Fundamental Trust shares iAi 3.12 3.50 Fundamental Trust shares (Bi 3.12 3.50 Leaders of Industry (A) 2.12 2.37 Lov; Priced shares 2 50 3.00 Mass Inv Trust shares 14.75 16.25 Nation Wide Securities 2.70 2 80 North American Tr shares '53 1.45 1.50 Selected Cumulative shares ... 5.12 5.50 Selected Income shares 2.75 3.12 Shawmut Bank Inv Trust... 2.50 Std Amer Trust shares 2.68 2.78 Trustee Std Oil (A) 3.12 350 Trustee Std Oil (B> 3.12 3.50 U S Elec Light <?• Pow tA) 15.00 15.50 Universal Trust shares 2.08 2.18
New York Curb (By Thomson & McKinnon) —Jan. 11— 11:00. 11:00. Alum Cos of Am 54 Hudson Bay . . 3 1 * Am Cvnamid .. 4 r a Imp Oil of Can 8> t Am Gas & El.. 32 V Int Pete 10 s * Am Lt & Trac. 18’s Nat Aviation ... 8 ! 2 Ain Super Pwr. E's Newmont Min .. 17 Ark Gas A . .. i’VNia Hud Pwr... 16>i Asso Gas Sc El. 2>s Penroad l a i Can Marconi .. 1 1 4 St Regis Faper.. 3 1 Cent Sts Elec.. 2VSalt Creek 4U Cities Service . 3’ s 3el Indus I l * Con Gas of Bal 64 V Std of Ind 21 3 4 Cord 6% Std of Ohio ... 20 Deer & Cos.. . 11 ’2 Un Gas <new>.. 2’ 8 Elec Bnd fc Sh. 21 Tin Lt & Pr <AI 4 Ford of Can... 6h : Ct Pwr lVa Ford of Ena . 3' 2 Un Fndrs 1 3 S Goldman Sachs 3 5 g Chicago Stocks Opening IBv Abbott. Hoppin Sc Cos.) —Jan. 11— Bendix Avia.. 11U Comm Edison... 81 1 i Bore Warner... 9 ! 2 Griesbv Grunow. 1U Cities Sew 3 Swift <fc Cos B’i Cord Corn 6’ B Swift Inti ... 16 J 2 2ont Chi com.. l’ Walereen Stores. 14 NEW TORK COFFEE —Jan. 10— RIO High. Low. Close. March 511 May 5 51 July .... 5 31 September 5 13 December 5.04 SAnTOS March 8 35 8 25 8 34 Mav 7.96 7.86 7 90 July 7.72 7.67 7.37 September 7 50 7.46 7.47 December 7.38 7.37 7.37 RAW SUGAR PRICES —Jon. 10— High. Low. Close. January 75 .71 .73 March 74 .72 .73 May 79 .77 .77 July 84 .82 .82 September 81 .85 .85 December 91 .88 .89 Marriage Licenses Ralph C. Wear. 25, es 3920 Bvram avenue. and Catherine 3utter. 24. of 3662 North Illinois street, bookkeeper.
third hand bid of one club. East, who has a club overcall himself, would pass the bid. South has a fair hand—if his partner has a good hand, there is a possible chance of going some place on the hand, but if partner has simply made a protective third hand bid, there is certainly no hope on the hand. The best way to gather information is to put in a one over one force. Therefore, South overcalled with one spade, and while North holds more than normal support, he must remember that he has opened with a weak hand. To support spades now. or to make any kind of a re-bid would inform his partner that he held a good hand and that there was hopes of going somewhere on the hand. This is not true with North's cards. He has a hand that, under most systems, would be passed third hand—now he has a chance to make a good part score and should leave well enough alone. His proper signoff declaration is a pass. The Play The heart was opened by West, which was won in dummy with the ace. The ace of diamonds was cashed and then the jack of clubs led. East covered, South winning with the ace. A diamond was ruffed and the ten of clubs returned, East winning with the king. East cashed his queHi of hearts. If he now returned a club for partner to ruff, the declarer will make three odd, as he will discard his losing heart. If East returns the five of spades, the declarer will have to go up with the ace to be able to ruff a diamond, but will be held to two odd on the hand. However, many tops are won in tournament play with a score of 60 Or 90 points. 'Coovright. 1933. bv NEA Service. Inc.)
INDIANAPOLIS STOCKS AND BONDS
(By Newton Todd) The following quotations do not represent firm bids and offerings, but indicate the approximate markets based on recent transactions or inouiries to buy and sell. —Jan. 11Stocks Bid. Ask. Belt R R and Stkvds com 22 26 Belt R R and Stkvds pfd 45 50 Citizens Gas com 14 16 Citizens Gas 50. pfd 67 77 Indpls Pwr fie Lt 6 r , pfd 58 63 Indpls Pwr fie Lt 6*,2*i pfd 63 68 Indpls Gas com 43 48 Indpls Water sr'„5 r '„ pfd 93 99 Indpls Pub Welfare Ln Assn.... 46 51 Nor Ind Pub Serv 7% nfd 57 61 Pub Servos Ind 6% pfd 21 25 Pub Servos Ind 794 nfd 32 .77 So Ind Gas and Elec S'", pfd.. 59 64 Terre Haute Elec 60. pfd 47 52 Bonds Belt R R and Stkvds 4s 83 88 Citizens Gas 5s 1942 87 90 Indpls Gas 5s 1952 81 83 Indpls Gas 5s 1952 82 84 Indpls Pwr & Lt 5s 1957 92 94 Indpls Water 4'is 1940 36 99 Indpls Water s' 2 s 1953-54 100 102 Trac Terminal Corp 5s 1957 .... 38 45 Joint Stock Land Banks Fletcher 5s 61 66 F:. Wavne 5s 40 45 Lafavette 5s 34 37 Phoenix (K. C.) 5s 57 62
In the Cotton Markets
CHICAGO —Jan. 10High. Low. Close. January 6.35 6.22 6 35 March 6 47 6.23 6.47 May . 6.60 6.34 6.60 July 6.69 6.48 6 69 October 6 90 6 65 6 90 December 7.00 6 78 7.00 NEW YORK January 6,25 6 10 6 25 March 6.37 6.12 6.35 May 6.50 6.27 6 48 July '. ... 6.62 6 37 6 61 October 6 80 6 55 6 80 December 6.93 6 67 6.92 NEW ORLEANS January 6.28 6.03 6 28 March 6.33 6 10 6 33 Mav 6 48 6 23 6 34 July 6 61 6 34 6.61 October 6 79 6.53 6 79 December 6 87 6 34 6 91
Chicago Fruit
By f nited Press CHICAGO. Jan. 11.—Apples—Michigan Jonathons bushel. *1.150 1.25. Spies bushel $lO 1-15: Mclntosh bushel. $1.25: Greenings bushel. 90c@$l; Hubbardstons, bushel. SI.OO.
Thomson & M Kinnon Brokers INDIANAPOLIS CHICAGO NEW YORK MEMBERS New York Stock Exchange Chicago Board of Trade New York Cotton Exchange Chicago Stock Exchange * New York Curb Exchange 200-214 Circle Tower Lincoln 5501
PAGE 9
RE-ELECT THREE NATIONAL BANK HEADS FOR YEAR Indiana. Fletcher American, Merchants Directorships Little Changed. Three national banks in the city held stockholders' meetings Tuesday at which few changes were made in boards of directors and officers of the institutions. At the Indiana National bank, three new directors were elected and present officers and directors were re-elected. The new directors are Brodehurst Elsey, president of the Indianapolis Glove Company; Henry H. Hornbrook. attorney, and Russell L. White, president of the White Baking Company. Re-elected officers are Arthur V. Brown, president; Henry Eitei, Gwynn F. Patterson. Edward D. Moore, Thomas H. Kaylor. William P. Flynn and Rollin W. Spiegel, vice-presidents. and R. Malott Fletcher, vice-president and cashier.At the Merchants National bank directors and officers all were ref elected. Officers are John R, Frenzcl Jr., president; O. N. Frenzcl Jr., cashier, William Grauel, Carl H. Bals and George J. Chyler, assistant cashiers. Directors and officers of the Fletcher American National bank also were re-elected. Officers are Elmer W. Stout, president; Ralph K. Smith, vice-president and cashier; Theodore Stempfel, vice-presi-dent and trust officer; Eugene H. Iglrhart, vice-president and trust, manager; Gustav H. Mueller. Walter F. C. Golt, Harold E. Sutherlin, Adolph G. Wocher. Henry L. Hilkene, Frank F. Wocher, Otto J. Feucht, vice-presidents. Fletcher Trust Elects Annual election of directors of Fletcher Trust Company was announced today by Evans Woollen, president, following the January meeting of stockholders. Directors named are: Henry C. Atkins, president, E. C. Atkins & Cos.; Albert Baker, Baker & Daniels; Joseph J. Daniels, Baker & Daniels; William A. Durkin, vicepresident. Walsh Construction Company; Carl F. Evclcigh, Eli Lilly Company; Frank E. Gates. Frank E. Gates and Son; Carl C. Gibbs. National Malleable and Steel Conj* pany; Albert S. Goldstein, presi* dent, Goldstein Brothers. Inc.; Hugh McK. Landon, chairman executive committee and vicepresident, Fletcher Trust Company; Normaui Metzger, Fletcher Trust Company; Samuel D. Miller, Miller & Miller; Almus G. Ruddell, president, Central Rubber and Supply Company; Charles N. Thompson, attorney; George P. Torrence, president, Link Belt Company; Evans Woollen, president, Fletcher TrustCompany.
Deaths John Shaughnessy, 80, 510 South New Jersey, arteriosclerosis. Andrew J. Power. 89. 262 West Ray, lobar pneumonia. Carrie L. Jennings, 70, 1742 Arrow, engina pectoris. Phoebe A. McFerrin, 80, 2755 North Gale, uremia. Mary Clancy. 88, 2423 North New Jersey, chronic colitis. Lucille. Cowherd, 33, 920 Colton, pulmonary tuberculosis. Joe Taylor, 39, city hospital, lobar pneumonia. Roxie Williams. 70. city hospital, chronic nephritis. David Allen House, 65, St. Vincent's hoslitad. sarcoma. James G. Pollock, 69, 53 North Dearborn, cerebral hemorrhage Lizzie McDowell, 53. 4957 East Sixteenth, carcinoma. Maude Cunningham, 25. citv hospital, streptococcic meningitis. Noah C. Allen. 49, 970 West Twenty-fifth, pulmonary tuberculosis. EfTie Hankins. 62, Methodist hospital, broncho pneumonia. Joseph Simon, 63. 1132 Trowbridge, chronic nephritis Caroline M. Wampner. 62. 1010 South New Jersey, acute nephritis.
ABBOTT, HOPPIN & COMPANY 203 Continental Bank Bldg. Indianapolis Stocks, Bonds, Grain MEMBERS: New York Stock Exchange New York Curb Exchange Chicago Stock Exchange Chicago Curb Exchange Chicago Board of Trade Co-Managers JAMES T. HAMILL KENNETH K. WOOLLINQ Formerly Members of JAMES T. HAMILL & COMPANY Riley 5493-5494
★ Safety for Savings Fletcher amer:can NATIONAL BANK Southeast Corner of Market and Pennsylvania
jfktcher (Trust Company
