Indianapolis Times, Volume 44, Number 225, Indianapolis, Marion County, 28 January 1933 — Page 9

HAN. 28, 1933'.

RALLY IN RAIL SHARES LEADS STOCKS HIGHER Steel Common Joins Upturn With Industrial Issues Following.

Average Stock Prices

Avers*, of thirty industrials for Thursday. high 62 79 low 6161. last *l' .J? .60 A sia*, o f twenty rails. 28 62 2i60, 27 97, off oil A'..rags of twenty utilities 27 90, 27.50. 27 05. off 14. Average of forty bonds. 80 49. up .32. BY ELMER C. VVALZF.R United Press Financial Editor NEW YORK. Jan. 28.—A spirited rally in railroad shares Friday turned the stock market about after an early decline and nearly all issues j moved above the previous close. | Early weakness was brougl* on by selling in individual shares. When traders saw the main body of stocks resisted pressure they turned to the buying side. Short covering followed, particularly in the carrier shares. Canadian stocks failed to rally with the American group. At one time Canadian Pacific was at 10%, off 1%. It recovered only fractionally. Selling in that issue was said to be coming from Europe. Rails I’p 1 In 2 Points One observer reported sales from Belgium. Canadian advices attributed the selling to Canadian sources following the statement by' Premier Bennett Wednesday in which he said the railway problem was “clinging to the back of the country and slowly throttling its, life.” international Nickel of Can- i ada and Mclntyre Porcupine also a Canadian company, were lower. , Delaware Sz Dudson was the leader of the American group of rails. It spurted more than 3 points while gains of 1 to more than 2 points were noted in Louisville & Nashville, Atchison, New York Central, Union Pacific, and Kansas City Southern. Others were up fractionally. Several leading roads reported net operating income for December above December) 1931. Steel Joins Upturn Steel common joined the upturn and led the industrial list into higher ground. It crossed 29 after touching 27% in the early trading. Bethlehem recovered to the previous close after an early fractional decline. The 1932 report of the latter company was about in line with expectations and had no effect on the market as a whole. Bethlehem reported a deficit of more than $21,000,000 for 1932, but present rate of operations was sharply above the December low, leading to belief improvement was on the way. Favorable reports were forthcoming from the Youngstown district where several furnaces were soon to be started. Republic Steel was operating on a huge order just received and other companies were stepping up production.

Bank Clearings

INDIANAPOLIS STATEMENT —Jan. 27 Clearings $1 658,000.00 Debits 3.346.000.00 TREASURY STATEMENT —Jan. 25 Net balance for Jan 25... $355.488,137.50 Expenditures 5.226.089.78 Customs rects., mo to date 14.958,208.83

Foreign Exchange

(By Abbott. Hoppin A Cos.) Jan. 27Open. Close. Sterling. England $3,38 9-16 $3.38% Franc, Fi ance .0390 5-16 .0390 7-16 Lira. Italy 0511% .0511% Fi ance. Beligum .. .1388 .1388 Mark, Germany .. .2379 .2381 Guilder, Holland.. .4018 .4018 Peseta, Spain .... .0819 .0820 Krone, Norway .. .1736 .1741 Krone. Denmark . .1700 .1705 Yen. Japan 2100 .2100

INDIANAPOLIS WEEKLY LIVESTOCK REVIEW

FOR WEEK ENDING THURSDAY, .lan. 26 By U. S. Department of Agriculture. cattle The cattle market was basically unchanged this week with slight spurts of strength about offsetting periods of weakness, the net result being a near-steady set of quotations. A slightly Improved tone was noted on inbetween grade yearlings. but there was a weaker undercurrent or. weighty rattle, mainly because of a slow' and lower market at many of the outside markets where the supply of big weights was large Relatively few weighty cattle, however, were included in the local run. In fact, strictly finished cattle of all weights were in light supply here, the big end of the crop consisting of light, steers and yearlings lacking in finish with a fair percentage of cows. Heavy cows met with a narrow outlet but the thinner cows, especially If light, got action. Buyers continued to show' a decided preference for stock that would produce rheap and light cuts of meat. Local cattle receipts were slightly smaller than a week earlier, the total for four days being 3,300 head against 3,673 a week earlier but the three-dav supolv at twelve important markets was the same as a week earlier but 10 per cen abo\e a vear earlier. The week's top of $6.50 went to a load of 1.039-pound yearlings and 1.041-pound weights marie $6.40 while 1,202-pound steers topped at $6.25 In their section. The big end of the crop of steers and yearlings consisted of $44?5 kinds with a tew loads of fed offerings upward to $6 Butcher heifers held mainly to a s4'u •4 75 basis, with a few loads and lots of fed heifers at $5415.50, a few head reaching $6 Beef rows bulked at $24/ 2 75 with odd lots of good cows at $3 45 3.25 Low cutters and cutters went at $1 50(32. The vealer market reached an extreme top of $7 50 at the close of last week when supplies fell off and the shipping demand improved but prices were promptly lowered to a top of $1 with the bulk of the best vealers at $6 50 /7 as this week opened The average quality of the teller supply was somewhat improved this week. Hogs The hog supply shortened up here as the week opened and prices went to a new high since last November, but the run soon expanded, and with limited shipping orders on hand, the advance faded until today's prices were steady to 5c lower than a week r.go with pigs 10ff 25c lower. The four-day total at 21 000 head was about the same as a week earlier ana the twelve market total for three days showed a slight increase from a week earlier, but a 25 r reduction from a year earlier. A slight increase was noted in the local pig supply while relatively few butchers averaging over 300 lbs were included in the run. The week's top was $3 60 with Thursday’s top at $3.45. The bulk of Thursday's offering sold at the following schedule of weights and prices: 160-200 lbs.. $3 45: 200-210 lbs.. $3 40: 210-225 lbs.. $3 35: 225-235 lbs.. $3 30 235-250 lbs $3 25; 250-275 lbs . $3 20 275-300 lb*.. $3.15: 300350 lbs.. $3 10 : 350-400 lbs.. $3 05 140-160 lbs.. $3 40 120-140 lbs, $3 25: 100-120 lbs.. $3. packing sows. 11.25ru2.65. Sheep The fat lamb market made some headway Monday and scored a rather sharp advance despite a liberal offering Tuesday but this upturn was practically erased late Wednesday and further losses developed today with the result that closing prices were about 25c lower than a week ago Loral receipts were relatively heavy pi 7 500 head for four days against 3,675 a week earlier. Lighter receipis was the rule at outside markets until Wednesday when the aggregate supply was heavy. It was this liberal mid-week run which allowed buyers to depress prices at all lambs started the week here at $6416 25 w hile Wednesday s early trade developed a $6 254/6.50 basis with a few choice lots as high as $6 75. but Thursdays trade was mostly on a $6 basis with throw-out* at $4 down. Fed western lambs sold at $6 65'a6.75 lste Tuesday but dropped to a $6 404i6 SO bast* Wednesday and to a $6.15416 25 level Thursday Fat ewes bulked at 51.25&J throughout the

DOW-JONES SUMMARY

General Railway Signal Cos , for year of 1932 reported net earnings amounting to *153 a common share, against tin a share In 1931. Srhscriptlnna f*r the 9SM.MIMM . year 2per e*nt treasury note* totaled *7. WKI. 000.000. American Brake Shoe * Foundry Cos. for year of 1932 showed earnings of 12 70 a share on 7 per cent preferred stock, against $1 14 a common share after preferred dlvldenda In 1931. Daily average volume of reserve bank credit outstanding during wo* ended Jan 25, amounted to *2.080.000.000, a decrease of *24 000.000 from previous week, but *287.000,000 Increase over like 1932 week. General Outdoor Advertising Cos., declared the regular quarterly dividend of *1 50 on preferred stock, payable Feb. 15, of record Feb. 6. Brokers loans during week ended Jan. 25, increased *11.000,000 to *378.000.000; non-brokers loans decreased *0,000,000. I C C approves *1.300.000 loan by Reconstruction Finance Corporation to Missouri Pacific to meet taxes and equipment maturities. Reserve system ratio on Jan. 25. totaled 85 4 against 84.7 a week ago, and 87 4 a year ago; New York bank ratio 59.8 against 59.1, and 89 8 respectively. Interlype Corporation declared the regular quarterly dividend of $2 on first preferred atoek, payable April 1, of record March IS. California Lands Inc. subsidiary of subsidiary of Trans-America Corp., in 1932 sold 246 farms at total price of $1,288,798 with down payments totaling 29 3 per cent.

In the Cotton Markets

CHICAGO —Jan. 27 - High. Low Close. March 6.22 6.19 6.22 Mav 6.35 6.27 6.35 JulV 6.46 6.41 6.46 October 6.65 6.60 6.65 December 6.76 6.70 6.76 NEW YORK January 6.75 6.72 6.75 March 6.14 6.04 6.13 Mav 6.27 6.17 6.26 July 6.40 6.30 6.38 October 6.60 6.49 6 59 December 6.72 6.63 6.72 NEW ORLEANS January 6.72 6.66 6.72 March 6 13 6.02 6.10 Mav 6.25 6.14 6 23 July 6 37 6.26 6 36 October 6 54 6.45 6.54 December 6.67 8.58 6.67

Indianapolis Cash Grain

-—Jan. 27 The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b . shipping point, basis 41 %c New York Rate, w ere: Wheat Easv: No. 1 red. 41ia42c; No. 2 red. 404i41c: No. 2 hard 42'9 43c. Corn Easv; No. 3 white U*%'3 16%c: No 4 white. 14%'S 15%c: No. 3 yellow, 15% ft 16%c; No. 4 yellow. 14%®15%c; No. 3 mixed. 14%<ai5%c: No. 4 mixed. 13%® 14 I ,c. Oats- Easv; No. 2 white. 13%®13*4C: No. 3 white. 12*4® 13’ic. Hav —Steady; iF. o. b. country points taking 23%c or less rates to Cincinnati or Louisville.l No. 1 timothy. $5.50@6; No. 2 timothy. ss® 5.50. Inspections— Wheat—No. 1 red. 1 car; No. 2 red. 1 car. Total, 2 cars. Corn—No. 3 white. 5 cars: No. 4 white. 4 cars: No. 2 yellow. 2 cars; No. 3 yellow. 1 car: No. 4 yellow. 12 cars; No. 5 yellow, 2 cars. Total. 26 cars. Oats—No 2 white. 4 cars: No. 3 white. 15 cars. Total. 21 cars. TOLEDO CASH GRAIN By Vttilrn Press TOLEDO. Jan. 27.—Grain close: (grain in elevators, transit billing I Wheat , No. 2 red, 53®54c: No. 1 red, le premium. Corn No. 2 yellow, 29®30c. Oats. No. 2 white 20®21c. Rye—No. 2. 43® 44c. Bar-lev-No. 2. 30®31c. (Track prices 28%c rate!. Wheat—No. 2, red. 48%®49c; No. red, 49%®50c. Corn—No. 2 yellow, 24%® 26c; No. 3 yellow, 23%®24%c; No. 4 yellow, 22® 23c: No. 5 yellow', 20%® 21%C. Oats- No. 2 white, 17%® 18c; No. 3 white. 17® 17%c. Seed close: Clover—cash. $5.408; alsike cash, 55.808. Produce: Butter—fancy creamery, 22c. Eggs—extras, 12® 13c. Hay—timothy, per cut. 80c. CHICAGO CASH GRAIN By United Press CHICAGO. Jan. 27.—Cash grain close: Wheat, no sales. Corn No. 2 mixed, 23® 23**c: No. 3 yellow, 23%%24%c; No. 4 yellow, 22%®23%c: No. 5 yellow, 22*ic; No. 2 white, 25*4C. No. 4 white. 22%c. Oats—No. 2 white, 16*4® 17c; No. 3 white, 16%c: No. 4 white. 15c; sample grade, 10 1 2 ®. 12'4 c. Rye—no sale. Barley—24® 36c. Timothy—s2.2s® 2.50. Clovkr— $6.50 ®8 75. Cash provisions—Lard, $3.87; loose. $3.30; leaf, $3.25; O. S. bellies, $3.87. INDIANAPOLIS WAGON WHEAT Citv grain elevators are paving 42c for No. 2 soft wheat, other grades on their merits.

CHICAGO STOCKS

(By Abbott, Hoppin A Cos.) High. Low. Close. Asbestos Mfg ... 4 Bendix Aviation 10 9% 10 Borg-Warner 8% 8% B*4 Cent Pub Serv C A... .. ... % Cent A So West ... 1% Cities Service 2% 2% 2% Commonwealth Edison. 78 77 78 Continental Chicago . 1% 1% 1% Continental Chicago pfd 17% 17% 17% Cord Corp 6% 6*4 6*4 Grigsby Grunow ... 1 Houdaille-Hershev A. .. ... 5% I U 6 sos 1940 1% Marshall Field 4*4 4 s * 4*4 Middle West Utilities % Public Service N P ... 41 Quaker Oats 81*4 Seaboard Utilities Sh . ... % Swift A Cos 8% 8 8% U S Gvpsum com ... 22 U S Radio A'Tel 8% 8% 8% Walgreen Cos com ..... 13% 13% 13*4

Chicago Fruit

By United Press CHICAGO. Jan. 27.—Apples—Michigan Jonathans bushel. $1.15®1.25; Spies bushel. $1.15® 1.35; Mclntosh bushel. $1.15®1.25: Greenings bushel. 85c® sl. RAW SUGAR PRICES —Jan. 27 High. Low. Close. January 87 .85 .87 March 71 .69 .71 Mav 73 .71 .73 July 77 .77 .77 September 81 .79 .81 December 86 .83 .86

m. 4 "TTfrsr ahoy, maths! A tramp v steamer lies dead ahead! Man the scissors, cut out the seven puzzle pieces below, darken their harks with crayon or pencil and see If yon can form the ship's silhouette Tramp Steamer pp Did you catch that leaping fish? He was game from head to tail. 1 Here’s how he looks on the stringer*

PORKERS SHOW GOOD GAINS IN STRONG TRADE Cattle Market a Cleanup Affair With No Steers on Hand. Weights above 160 pounds were mostly 10 cents higher Friday morning at city yards, 160 pounds down holding steady. The bulk. 160 to 210 pounds, sold for $3.50 to $3.55. top price $3.55. Weights of 210 to 250 pounds brought $3.35 to $3.50; 250 to 300 pounds, $3.25 to $3.35. Heavier weights sold for $3.15 to $3.25. Weights of 140 to 160 pounds were unchanged, selling mostly at $3.40. Pigs brought $3 to $3.25. Packing sows made the market at $2.35 to $2.60, smooth lightweights selling for $2.75. Swine receipts were 5,000. Holdovers were 173. A cleanup trade was in progress in the cattle market with the tendency lower, especially on heavy cows. Practically no steers on hand. A few light butcher heifers sold for $3.75 to $4.50, odd head of fed heifers sold up to $5.50. Beef cows brought mostly $2 to $2.50. Low cutter and cutter cows sold for $1.50 to $2. Receipts were 400. Vealers were steady at $7 down. Calf receipts numbered 400. Sheep were steady with prices slightly weaker on native lambs. Sorted kinds sold mostly for $6, a few heavy weights going at $5.75 down. Throwouts were salable at $4 down. No fed westerns were sold early, holders apparently waiting for a range around $6.25. Fat ewes brought $1.25 to $2. Receipts were 800. Light receipts and a weak demand in the hog market at Chicago sent prices around 5 to 10 cents higher than Thursday's average. The bulk of good to choice weights scaling 170 to 200 pounds w'as bid in at $3.50 to $3.55. Other classes were inactive. Receipts were estimated at 19,000, including 7.000 direct; holdovers, 2.000. Cattle receipts numbered 1,000; calves, 500; market steady. Sheep receipts were 13,000; market unchanged.

hogs Jan. Bulk Top Receipts 21. $3.35® 3.50 $3,50 3.000 23. 3 45® 3.60 3.60 3.000 24 3.35® 3.50 3.50 7 000 25. 3.35® 3.45 3.45 6.000 26. 3.35® 3.45 3.45 5.000 27. 3.50® 3.35 3.55 5,000 Market, Higher. —Light Lights—-(l4o-160) Good and choice ...$ 3.35® 3.40 —Light Weights—-(l6o-1801 Good and choice.... 3.45® 355 (180-2001 Good and choice. .. 3.45® 3.55 —Medium Weights—-(2oo-220) Good and choice.... 3.40® 3.55 (SSO-250) Good and choice. .. 3.30® 3.45 —Heavy Weights—-'2so-2901 Good and choice. .. 3.25® 3.35 (290-3501 Good and choice. .. 3.15® 3.25 —Packing Sows—(3so down) Good 2.50® 2.75 1350 up 1 Good 2.25® 2.65 (AH weights* Medium 2.10® 2.35 —Slaughter Pigs—-(loo-130) Good and choice.... 3.00® 3.25 CATTLE Receipts. 400; market, steady. (sso-1.1001-Good and choice J $ 4.75® 6.75 Common and medium 3.25® 5.00 (1.100-1,5001-Good and choice 4.25® 6.60 Medium 3.50® 4.50 —Heifers—-(sso-750) Good and choice ..$ 4.75®6.50 Common and medium 3.25® 4.75 (750-9001 Good and choice 4.25® 6.25 Common and medium 3.00® 4.25 —Cows — Good 2.50® 3.25 Common and medium 2.00® 2.50 Low cutter and cutters 1.50® 2.00 —Bulls (yearlings excluded! Good (beef* 2.75® 3.25 Cutter, common and medium.. .75® 2.75 VEALERS Receipts. 400; market, steady. Good and choice $ 6.50® 7.00 Medium 4.50® 6.50 Cull and common 3.50® 4.50 —Calves—-(2so-300) Good and choice 4.00® 5.50 Common and medium 2.50® 4.00 —Feeder and Stocker Cattle—-(soo-800) Good and choice 4 00® 5.50 Common and medium 2.75® 4.00 (800-1.050) Good and choice 4.00® 5,50 Common and medium 2.75® 4.00 SHEEP AND LAMBS Receipts. 800; market, lower. —Lambs—(9o lbs. down) Good and choice $5.75® 6 25 (90-110 lbs.) Good and choice.. 5.50® 6.15 '9O lbs. down* Common A med. 3.00® 5.75 —Ewes— Good and choice 1.25® 2.25 Common and medium 75® 2.25

Other Livestock BY UNITED PRESS EAST BUFFALO, Jan. 27.—Hogs: on sale, 2,400; weights below 225 lbs., active, generally 10c and occasionally 15c over Thursday’s average; heavier weights about steady; desirable 170-210 lbs.. $3.80 to I mostly $3.85; few decks. $3.90: 220-:40 lbs., $3.60® 3.75; 250-285 lbs., *3 35®3.50; pigs and underw eights, slow, quoter $3 25® 3.50. Cattle—receipts, 150; steer trade at standstill, outlet very narrow; few common steers, $4; cows and bulls, 25c or more lower: fat cows. $3 down; cutter grades, $1.25®2; medium bulls, *2.75)®3. calves—receipts, 450; vealers active, steady to 50c higher; good to choice. $7.50® 8; sparingly, $8.50; common and medium. ss® 6.50. Sheep—receipts. 140; lambs, active, steady at week's uneven 25®50c decline; good to choice native and fed western lambs, $6.25®6.50; top. $6.60; medium kinds of weights around 100 lbs. $5.75®6. LAFAYETTE, Jan. 27.—Hogs—10c up; 160-200 lbs.. $3.40; 200-210 lbs.. $3.35; 210225 lbs., $3.30; 225-235 lbs.. $3.25; 235-250 lbs , $3 20; 250-275 lbs.. $3.15; 275-300 lbs., $3 05: 300-325 lbs.. $2.95: 140-160 lbs., $3.10; 120-140 lbs, $2.90; 100-120 lbs., $2.75; roughs. $2.50 down: calves steady; top, $6: i lambs steady; top *5. EAST ST. LOUIS. Jan. 27.—Hogs—Receipts. 6.000; market, uneven. 5® 15c higher: top. $3.55: bulk. 150-210 lbs.. $3.35® | 3 50; 220-250 lbs.. 53.106d3.30: 250-320 lbs., | $2.90;®3.10; 100-140 lbs.. $2.50®3.10; sews, $2.25®2.50. Cattle—Receipts, 600; calves, receipts. 500; market, slow on all classes with hardly enough on sale to make a market; vealers, 25c lower at $6 50; other classes about steady with butcher yearlings and heifers at the week's low point. Sheep—Receipts. 500; market, no early action; indications steady with Friday's close or $5.25® 5 50 for lambs. TOLEDO. Jan. 27.—Hogs—Receipts. 210; market. 10c higher: heavy Yorkers. $3.40® 3.50; mixed and bulk of sales. $3 40®3.50: pigs and lgihts. $3.10®3 25; medium and heavies. $2 80®3.25: roughs. $2 25®2.40. Cattle—Receipts. 175: market, slow. Calves Receipts, light: market, steady. Sheep and lambs—Reccints. light: market, slow. CLEVELAND. Jan. 27.—Hogs—Receipts, 1.100: holdover 192; slow; early sales and asking prices steady. Scattered 160-250 lbs., sorts 53.65: pigs. $3 25; asking around same price for 260-300 lbs., kinds. Cattle | —Receipts, 75; little done, asking steady. Odd head cutter to common heifers, 52.75®3.50; individual cows around $2.25. Calves—Receipts 150: active, strong to 50c higher. Toppv vealers scarce. Few $8.00; others $7.50 down, rather mixed around $7.00®7.25: few and only light cull vealers and low grade calves under $5.50v Sheep—Receipts. 700; slow: fat lambs, 15® 25c lower, most wool skins not particularly attractive $6.00: few choice, $6.25: onlv outstanding clipped lambs above $6.00; wool throw outs steady, [email protected]. PITTSBURGH. Jan. 27.—Hogs—Receipts, 1.500. market slow around 10c higher. 160-200 lbs.. $3.75® 3.90 : 210-240 lbs., $3 400 3.70: 250-290 lbs.. $3.25® 3 35: packing sows. $2.25®2.75. Cattle—Receipts. 15: market unchanged. Good steers yearlings quoted $4.75%5.75; better grade heifers. $3.75®4.75; medium bulls *2 756®3.25 Calves—Receipts, 75. market steady to easv. Better grade vealers $6.75®7 50. Sheep—Receipts. 500. market steady. Better grade lambs $6 00 ®6.35; common to medium $3.50® 5.35. By Times Special LOUISVILLE. Jan. 27.—Cattle— Receipts. 100. mostly steady; bulk commor and medium steers and heifer*. $3 25® 4 50. best lightweights eligible around $5 50: beef cows and bulls, mostly $3 down; low cut'ers and cutters. i’.®2: bulk Stockers and feeders. s3®4: calves, receipts. 175: steady: bulk good and choice vealers. ss® 6; medium and lower grades. $4 down. Hog.;—Receipts. 800: steady; 175-240 lbs., $3 60; 245-295 Itw $3.35; 300 lbs up. $2.95; 135-170 lbs.. $3 35: 130 lbs. down. $2 70: sows. $2 65. and stags. *1.70. Sheep—Receipts. 25; market quotable steadv: bulk* good iambs. $5.75 to mostly $6; choice fed handy weights eligible. $6.25; medium and lower grades. *5 25 down, fat ewes. *l®2. Thursday s shlpmerts—3o cattle. 190 calve* and 193 hogs.

THE INDIANAPOLIS TIMES

New York Stocks "■" (By Thomson A McKinnoni

—Jan. 27 Railroad*— Prev. High- Low. Close, close. Atchison 45 1 4 42', 44 s * 43' * Atl coast Line.. 22% 20% 22% 21 Balt Sc Ohio 10% 9% 10% 9’* Ches* A- Ohio.. 29'2 28'2 29’, 28% Chesa Corp 17% 16'* 17 s , 16% Can Pac 11% 10' a 11 12’ Chi Ort West 2N ... Chi N West 5 4', 4% 4’, C R I A P ... ... 4' 2 Del L * w .. 25’. 24 1 * 25". 25 Del * Hudson.. 49'2 45 49 48% Erie s’i S% 5% 5% Erie Ist pfd ... 8% 6' 2 6’a 6*2 Great Northern lO's 9'4 10 9% Illinois Central. 14% 13 14’* 13% Kan Citv So ... 10’* 8% 10% ... Lou A Nash ... 27% 25 26% 25 M K A T B’, 7',4 8 x " 5 Mo Pac fir. 3>a 33 3% Mo Pacific pfd.. 5% 4 T * 5% 5 N Y Central ... 20'. 18% 19 7 * 19 Nickel Plate ... 3% 2 7 * 3’, 2% NY NH A H ... 16'. 14% 16% 15% Nor Pacific 15'a 14% 15% 14‘2 Norfolk A West 11 10 7 s 10% ... O A W 10’2 Pennsylvania ... 19% 18% 18% 18% Reading 30 28% Seaboard Air L ... % ... [So Pacific 18% 17’i 18% 17% I9t Paul .. 2 2 Southern Pv 6% 5% ss*5 s * 5-. St Paul pfd 2% 2% 2% 2% St L % S F... 18 1 1 ••• (Union Pacific .. 76% 74 76% 75** W Maryland .... 6 s* 6 5 4 Equipments— Am Car A Fdv 0 Am Locomotive ... ... O’* ••• Am Steel Fd 6% 6% , 6% . Am Air Brake Sh 11 11*4 10*4 11 Gen Am Tank.. 18% 18 18 2 18 General Elec .. 15% 15 15% 15% Gen Rv Signal . 18% 17% 18 N Y Air Brake . N Y Air Brake . 8, Poor A Cos ... ... z ‘* Press Stl Car... ... % Pullman 22% 21% 22% 22 2 Westingh Ar B 14 2 14 Westingh Elec .. 29% 28% 29% 29 s Rubbers— Firestone 13% 13 Goodrich ... , 5 .9 Goodvear 16% 15** 16 16^8 Lee flubber ...... .. J. 8 U S Rubber .... 4% 4% 4% 4*4 Auburn 47% 46% 47 a 46 b Chrysler 14 13% 13% 14 General Motors . 13% 13% 13% 13vr Graham-Paige J * Hudson 4% 4% Hudd 2*4 2% Nash 14*4 14% 14% 14% Packard 2% 2% 2% 2Sttidebaker .... 3% 3% 3% 3% Yellow Truck 3 1 3 4 Motor Access — ... Bondix Aviation. 10 9% 0% 10 fegs warner . .v. t% It % 4 IfTuto Lite.... 19 *lß‘4 El Storage a.. 24% 24% 24% 24 s Haves Body 7 * •• • Houda .... £ Murray Bodv ... 3’/* 33 ... Stewart Warner .. ... 3 4 3 * Ttmkin Roll ... 16 15*4 15 s 16 Am Smelt .... 13% 13 8 13% 13 2 Anaconda Cop.. 7% 7 b 7 a ‘ 8 Alaska Jun Cerro de Pasco.. 7*4 7% 7/a Dome Mines ... 13% 13 2 13% 13 a Freeport Texas. 23% 22% 2%a ... Int Nickel 8 7*4 7% .... Isl Crk Coal ... 13% 13 13 13 * Kennecott. Cop . 9% 8/a 9,a 9 a Magma Cop •• ••• i 3 4 Nmand°a n5 .18% 'jj* 18% u e s aS Smelt 17% 16% 17’4 ... Amerada . ✓ 20 20 Atl Refining .... 16% 16 16 16*a Barnsdall 3% 3 4 3 8 3 4 Houston 4 * ... , Indian Refining ‘ 8 Sbd Oil 14 'fa ‘L. 4 Phillips 5*4 5% 5% 5.4 Pure Oil 3 4 3 2 Royal Dutch ... 19% 19% 19% ... Shell Un 4% 4 a Cons Oil 5% 5% 5% 5% Skellv ... 3 ... ••• 34 Stand of Cal 24% 23% 24*, 24% Stand of NJ. ■ . 30% 29"/8 29 a 3 9- 2 Sor Vac . 7 6% 7 6‘/a Texas Co' ...... 13% 13% 13% 13% Union Oil 11 Steels— Am Roll Mills.. 9 8% 9 9 Bethlehem 15 14% 15 15 Byers A M 13% 13% 13 * 13 2 Colo Fuel 6 % ... , Ludlum ■■ ••• ••• .0'? McKeesport Tin 51 % 49 % 50% 51% Newton •••,, 3 Renub X & S ... 6>4 6 6’4 6% U S Steel 29% 27% 29% 28% Vanadium ..... 12% 12% 12% 12% Youngst SAT. 11*4 10% 11*4 10% Tobaccos — Am Sumatra .. 8 7% 8 7 % Am Tob B New. 59% 57*4 58% 60 Am Tob B New 61% 59 >4 60% 62% Lig A Myers B 61 59% 60% 61% Lorillard 12*4 12% 12 4 ... Phil Morris ... 8% ... Revnolds Tob ... 32% 31% 32% 32% United Cig % % Utilities — Adams Exp . ... \ 8 474 Am For Pwr .. 6% 6% 6% 6% Am wr & Li .... 7’ 2 7% 7/2 7,2 AT&T .......106% 103*4 105% 105% Col Gas &El .. 16% 15% 16% 15% Com & Sou .. 2 2 2% 2% 2% Cons Gas .... 59’s 57 7 b 58 3 4 7 4 El Pwr A Li .... 6% 6*a 6% 6% Gen Gas A 1% l’/a 1% 1% Inti T & A .... 7’4 7 7% 7% Lou Gas &El . 18’4 18 18 ... Natl Pwr &Li .. 13% 13’4 13% 13*4 No Amer Cos 28% 27% 28% 28% ac Gas AEI .. 30% 29% 30 29% Pllb Ser N J .. 53*4 52 7 4 53% 53% So Cal Edison .. 26% 26 26 26% Std G A El .. 13 12 12% 12% United Corp .. 9 8% 8% 9 Un Gas Imp .. 20 19% 20 19% Ut Pwr ALA 3% 3J4 West Union 27% 26 26’/2 27% A l Srp 7-4 7% N Y Ship 2% United Fruit 30% 28*4 30’4 29% Foods — Am Sug 27% 26 27% 26% Armour A 1% 1% 1% 1% Beechnut Pkg .. 50 48 48 Cal Pkg 9 9% Can Dry ... ... 9% Coca Cola 80% 80 80 81 Corn Prod 56 54% 56 55% Crm Wheat .... 28% 27*4 28 28% Cudahy Pkg ... 21% ... Cuban Am Sug.. .. ... ... 1% Gen Foods 24% 24 24% 24% Grand Union 5% ... Hershey 53 53% Jewel Tea 2.7% 27 27% . . Kroger 17% 17% 17% 17% Nat Biscuit 30*4 38% 39*4 39 Drugs— Coty Inc ....... 4 3% 4 4 Drug Inc 36 35% 35*4 36 Lambert Cos .... 30*4 30*4 30% 30*4 Lehn & Fink ... 18% 18 18% 18% Industrials— Am Radiator ... 6*4 6% 6% 6% Bush Term 3% Certain 7 eed Lehigh Port . . . . 5% Otis Elev 12% 11*4 12 12 Indus Chems— Air Red 60% 59% 60% 61 Allied Chem . 86% 84*4 86% 86% Com Solv 11% 11% 11% 11% Dupont 40% 38% 40% 39 % Union Carb . .. 27% 26% 27% 27% U S Ind Alco . 22% 19*4 20 22 Retail Stores— Assoc Drv Gds. . .. ... 4’4 4% Gimbel Bros ... 1% 1% Kreske S 8 ... 9% 8% 9% 9 Mav D Store 13 * 13% Mont Ward 14*4 13 7 4 14% 14% Penny J C 26% 26% 26% 27 % Sears Roe 20% 19*a 20 20 Woolworth 33% 32% 33% 32% Amusement*— Eastman Kod ... 59 . 57% 59 59% Fox Film A 1% ... Grigsbv Gru 1 1 I pews Inc 16% 15% 18% 16% Param Fam ... 1% % 1 1% Radio Corn .... 4% 4* 8 4% 4*4 R-K-O I*4 1 % 1% I*4 Warner Bros 1% 1% Miscellaneous— Citv Ice A Fu 11% Congoleum ... ... 7% Proc & Gam . . 25 7 a 25 25% 25* Allis Chal 7% Am Can 62 59 61% 60% J I Case 46% 44% 46% 46% Cont Can 41*'* 40*4 41*4 41 Curtiss Wr . ... 2% 2 2% 2 Gillette S R .. 17% 17 17** 17% Gold Dust 14*4 14% 14% 17% Int Harv 22% 21% 22% 22% Int Bus M 93 92% 93 93% Rea! Silk 8% 8 8 9 Un Areft 27 25% 28 s , 26% Transamerica .. 5 4% 5 5 Owens Glass ..... ... 35 New York Curb (By Thomson & McKinnon) —Jan. 27Close. Close. Alum Cos of Am 50 Goldman Sachs 3 Am Cynamid .. 4% Hudson Bay ... 3% Am Gas A El.. 30% Imp Oil of Can 7% Am Lt A Trac. 19 Int Pete 10% Am Super Pwr. 4% Nat Aviation .. 7% Ark Gas A 2 Newmont Min ..17 Braz Pwr A Lt. 7% Nat Bnd A Sh. 24% , Can Marconi .. 1% Nia Hud Pwr . 13’* Cent Sts El ... 2% Penroad 1% Cities Service . 2% 8t Regis Paper. 2** Com Edison ... 78 Std of Ind 21 Cord 6*4 Stutz 16% Deer A Cos .... 9% Trans Air Trans 5% Elec Bnd A Sh 18% Un Gas (new).. l* t Elec Pwr Asso. 3% Un Lt APr (A) 4% Gen Aviation .. 5 Un Verde 1% Ford of Can.... 6% Ut Pwr 1% Ford of Eng . 3% Un Fndrs 1% Ford of France. 3% New York Bank Stocks (By Thompson A- McKinnon) —Jan. 27 Bid. Ask. Bankers 72% 74% Brooklyn Trust 178 193 Central Hanover 148% 152% Chase National 34% 36% Chemical '1 41% 43% City National '. 1. 44 46 Corn Exchange .. 72% 75% Commercial 152 160 Continental 17*a 19*, Empire 25% 27% First National 1.500 1.550 Guaranty 349 354 Irving 23 25 Manufacturers 30% 32% Nw York Trust $% 102% Public .38% 30% Union Title 25% 28%

GRAINS IGNORE BULLISH NEWS; CLOSEISWEAK Spreading Operations Make Up Bulk of Day's Trading. BY HAROLD F.. RAINVILLE United Press Staff Correauondfnt CHICAGO, Jan. 28—Spread ine between here and outside markets constituted the major portions of the wheat trading on the Board of Trade Friday. The market developed a weaker undertone with houses with eastern connections on the selling side. There was a rally on short covering later. Activity again was restricted with the trend easily influenced. The range was narrow. Corn was slow and lower with Buenos Aires. Oats and rye continued dependent on the major grains. Close Is Lower At the close wheat was % to. 1 i cent higher, oats unchanged, rye % cent lower and barley unchanged. Provisions were about steady. There were no rains in the dry southwest and reports continue unsatisfactory. but this was ignored. New York reported a good Manitoba business overnight. Liverpool weakened toward the close and was % to % cents lower. Cash prices were unchanged. Receipts were two cars. Oats at Standstill The failure of Buenos Aires to advance offset the effect of the announcement of a farm strike due next Wednesday which would interfere with wheat and corn operations. The country sold more freely and booked 144,000 bushels early. Cash prices were unchanged to % cent lower, with 51 cars received. Oats was at a standstill with the market unchanged at mid-morning. Rye eased % to % cent with wheat. Cash oats was unchanged, with 10 cars in. Chicago Primary Receipts —Jan. 27Wheat 474 000 Corn 412,000 Oats 274.000 Chicago Futures Range —Jan. 27 WHEAT— prev. Open. High. Low. Close, close. May.. .47% .48 .47 .47% .47% July.. .48 ,48% .47% .47%- .48 Sent... .48% .48% .48% .48% .48% CORN— Mav.. .26% .26% .26% .26% .26% Julv.. .28 .28% .27*4 .28% .28 Sent.. .29‘4 .29% .28'% .29% .29% OATS— May.. .17% .17% .17 .17% .17% Julv.. .17% .17% .17% .17% RYE— May.. .34% .34% .34 .34% .34% July.. .34% 34% .33% .34 34% BARLEY— Mav 28 .28 LARD— Jan... 3.82 3.82 382 Mar 3.87 3.87 Mav., 3.97 3.97 3.95 3.95 3.95 Julv.. 4.05 4.05 4.10 Sent ... ... 4.15 4.15 BELLIES— Jan. ... ••• 3.80 3.80 May ... ... 3.90 3.90 Julv ... 4.00 1.00 By Times Pperinl CHICAGO. Jan. 27.—Carlots: Wheat. 2; corn, 76; oats. 14; rye, 0, and barley, 7.

Investment Trust Shares

(By Abbott, Hoppin & Cos.) —Jan. 27 Bid Ask Am Bank Stks 4 Corp. .$ 1.50 $ 1.65 Am Founders COrp 87 1.00 Am A Gen Sec, A 5.00 10.00 Am Investment Trust 5h.... 1.00 10.00 Basic Industry Shares 2.05 2.15 British Type Inv. Tr. Sh 55 75 Collateral Trustee Shares, A 3.05 3.20 Corporate Trust Shares joldl 1.65 1.75 Corporate Trust Shares mew) 1.66 1.90 Cumulative Trust Shares..., 2.79 2.88 Diversified Trust Shares, A.... 7.12 7.50 Diversified Trust Shares. B ... 5.62 6.25 Diversified Trust Shares, C.. 2.20 240 Diversified Trust Shares, D... 3.87 4.25 First Insurance Stock Corp. . . 1.87 2.25 First Common Stock Corp.... 1.40 1.65 Fixed Trust Oil Shares ,A.... 5.85 5.95 Fixed Trust Oil Shares ,B ... 4.70 4.80 Fundamental Trust Shares, A 3.00 3.25 Fundamental Trust Shares, B 3 00 3.25 Leaders of Industry, A 2.12 2.25 Low Priced Shares 2.12 3.00 Mass Inves Trust Shares... .14.37 15.62 Nation Wide Securities 2.63 2.73 N Am Trust Shares (19531.. 1.37 1.50 N Am Trust Shares (55-56).. 1.77 1.87 Petroleum Trust Shares, A .. 5.00 10.00 Selected Am Shares 1.80 1.95 Selected Cumulatives Shares.. 5 12 550 Selected Income Shares .... 2.62 3.00 Std Am Trust Shares 2.62 2.12 Super Am Trust Shares. A.. 2.50 2.60 Trust Shares of America .... 2 37 2.75 Trustee Std Oil. A 3.12 3.50 Trustee Std Oil, B 3.12 3.50 U S Elec Light & Power, A.. 15.00 15.50 Universal Trust Shares 2.10 2.20

Jigsaw-Crosswords Contest —No. 18

HU HP ■■D/ IHj/r outline map. it will be discovered ' j t ;> . '•/• that by reading across the map in I ' BWIKW certain sections you will find exaii! " HSi ‘ sHfi cerpts from three famous American ■—documents: The Declaration of InHHk i dependence, Lincolns hirst inaugural address and Lincoln’s Oettysburg address. Indicate with an ar- __ ___. row at the left side of the said map Sral 9—Minute openings of the skin. i these excerpts. ifiF" B ll=Pnc 0 e nß of' , t r t a°nsporUtion tor a person. ! 3. Send the completed map to af IgglS 12—offensive to the senses. ; The Times Crossword Contest EdiSS Igaggfffwl " person after the publication of puzzle No. jtZs??'£e* r lightly s,in *' 30, the last of the series. Be sure BHj is—steals from. ' your name and address appear Jo—used for writing. Plainly upon both envelope and 22 To weep with a convulsive catching . map. 23 Boxes* usTd th for packing. *• The Times agrees to pay the

FIZZLE NO. 18 HORIZONTAL 1— Belonging to me. 2 Rodent. 4 Company 'abbr.). 5 Bov's name. 6 Lairs. 8— Opera iabbr.). 10— Used lor laundrv work. 11— Vessel to hold water for baptizing ipl.l. 12— Aawav from contact with. 13— Definite article 14— Globe on which we live. 15— Used in rowing 16— Bashful. 17— Popular citv of France. 18— Gambling game. 20— Moves with measured steps 21— A Chinese and Japanese liquid sauce for fish, made from these beans. 22 First of an assumed name of a very popular radio character. 24 Male descendants 25 South Carolina 'abbr.'. 27—In regard to 'abbr.'. 29 Steal. 30— Plane surface. 31— Jot. 33 Girl's name 34 Streets abbr.). 35 Mouth. VERTICAL 1— One of the portions into which a year is divided. 2 Steal 3 Indefinite article. 4 Pennies. s—That which i* owed. 9 pitTs name 7 Steamship tabbr.)*

- THIS CURIOUS WORLD -

A WALLOON JL S: fl‘ THAT IS FILLED WITH I AV' HYDROGEN / IV* 7 I VX W DESCENDS when 0 \ I RELEASED FROV\ ' Y If .A I* THE TOP OF MOUNT l V (l. \ 1 WASHINGTON, IN y V 1 J 7 j 4/ j NEW HAMPSHIRE/ '* ENGLAND'.? GREAT ADMIRAL AND THE HERO OF THE BATTLE OF TRAFALGAR., DISLIKED SHORE LEAVE BECAUSE HE BECAME SEA SICK WHENEVER HE RETURNED TO HIS* SHIP. iw w HU MWICt Kt AS THE PACIFIC/

Ballons are used all over the world in making weather observations, especially on Wednesdays and Thursdays, which are designated as International days. On'these days special efforts are made to get comparative information throughout the world.

Radio Dial T\Visters

WFBM (1200) Indianapolis (Indianapolis Power and Light Company) SATURDAY P. M. s:3o—Skippv 'CBS*. s:4s—Marimba band. 6:oo—Frederick Wm. Wile (CBS*. 6:15 —William Hall and orchestra (CBS), 6:30 —Merer Davis orchestra (CBS'. 6:4s—Street Singer (CBS). 7:Co—Easv Aces (CBS'. 7:ls—Magic voice iCBSi. 7:3o—Budapest evpsv ensemble (CBS'. B:oo—Music that satisfies (CBSi. B:ls—Edwin C. Hill (CBSi. B:3®—Deutsches Liederstudendchen. 9:00—Boswell Sisters (CBS'. 9:ls—Strolling players. 9:4s—Lvric orchestra. 10:00—Guv Lombardo and Roval Canadians 10:30—The columnist. 10 45—Harold Stern orchestra (CBBi. 11:00—Atop the Indiana roof. 11:30—Lvric orchestra. 11:45—Earl Newport orchestra. 12:00 Mdinight—Jack Tilson orchestra. A M. 2:3o—Sign off. SUNDAY A. M. 8:00 Junior fhiEle (CBS). B:3o—Melodv parade (CBSI. B:4s—Marion Carlev iCBSi. 9:oo—Jake's entertainers. 9:3o—Christiarf men builders. 10:30 to Noon —Silent. 12 Noon—Thirty tminute men (CBS). P. M. 12:30 —Coca Cola hour. I:3o—Bohemians. I:4s—Poet's Gold (CBS). 2:00 Philharmonic-symphony concert i CBS. i 4:00 —Wheeler citv mission. 4:3o—Records. 4:4s—Chicago Knights (CBS). s:oo—Second Presbyterian church. s:3o—Cathedral hour (CBSi. 6:oo—Dr. Juilus Klein (CBS). 6:ls—Boston Concert band (CBS). 6:3o—Louie Armstrong orchestra. 6'4s—Hale Mac Keen. 7:oo—John Henry (First Part) (CBS). 7:ls—Kostelanetz presents (CBSi. 7:4s—John Henrv (Second Part) (CBSI. 8:00—Bath Club (CBS). 8 ;30—Bohemians. 9:00 —Ernest Hutcheson (CBS). 9:30 —Gauchos (CBSi. 10:00 —Isham Jones orchestra iCBS). 10:15 —Atop the Indiana roof. 10:30—The columnist. 10:45—Jack Wright orchestra. 11:15—Atop the Indiana roof. 11:45—Earl Newport Orchestra. 12 oo Midnight—Jack Tilson orchestra. A. M. 12:30—Sign off. . VVKBF (1400) Indianapolis (Indianapolis Broadcasting. Inc.) SATURDAY P. M. 4:oo—Tea Time tunes. 4:4s—News flashes. s:oo—Musical menu. s:3o—Aunt Dessa and Unde Connie. s:4s—Dinner dances. s:ss—The Voice of the Capitol. trio. 6:ls—Harry Bason. 6:3o—Varieties. , 6:4s—The Sportslieht 7:00 —Connie’s orchestra. 7:3o—Memories. 7:4s—Orchestra. B:ls—Alice Arnold. B:3o—Dr. Harad. 9:oo—Evening Moods. 9:3o—Chatterbox orchestra. 10:00—De Sautelle's orchestra. 10:30—WKBF Barn Dance.

8— Uttered bv the mouth. 9 Minute openings of the skin. 10— Belonging to thee. 11— Price of transportation for a person. 12— Offensive to the senses. 13— Definite article. 14— Considered separately, as a thing or ferson. nclosure for swine. 17—Strikes lightly. 18—Steals from. 19—2.240 lbs. 20—Used for writing. 22—To weep with a convulsive catching of the breath. 23—Boxes, used for packing. 24—Fact. 26—Deep red color tinged with blue. 28—Point of time from which a series of years is reckoned. 29—Egyptian sun god 30—Used for feeding horses. THE RULES 1. The Times presents as a daily contest feature, for thirty publishing days, the Jig-saw-Crossword Puzzle Contest of original jigsaw design, together with the definitions of the words to be written in. The series will consist of thirty Jigsaw crossword puzzles. 2. The objects of the contest are: First—To solve correctly each of the thirty individual puzzles. After each puzzle is solved, it should be cut out along the outside of Its heavy black border and saved until the last puzzle has been published. Second—After all of the thirty puzzles have been published and solved they must be fitted together to form a large outline map of the United States. Third—ls puzzles have been properly fitted together ‘ o form a large 1

On windy days, air currents go over the peak of Mount Washington and down the leeward side with such speed that a released balloon is unable to rise until it has left the side of the mountain. NEXT—Why do some rabbits grow horns?

12:00—Merry Brennan's orchestra. 12:30—Sign off. SUNDAY A. M. 9:3o—Brown County Revelers. 10:00—Watchtower program. 10:15—Sacred concert 10:30—Crystal Melodies. 11:30—Dr Harad 12 Noon—To be announced. r m 12:15—Dessa Bvrd at the organ. I:oo—Harry Bason. I:3o—Connie's orchestra. 2:oo—Musical Matinee. 2:3o—Classic concert hour. 3:3o—Cadie Tabernacle. 4:4s—Jennie Moore. s:oo—Memories. s:ls—Master's Music Room. s:3o—Alice Arnold and Jimmie Boyer. 6:oo—Dr. Harad 6:30 Connie's Americans. 7:oo—The Ambassadors. 7:30 —Twilight Reveries. B:oo—Cadie Tabernacle. 9:ls—Musical Masterpieces. 10:00—Chatterbox orchestra. 10:30 DeSautelle's orchestra. 11:00—Morry Brennan’s orchestra. 11:30—Sign off. WLW (700) Cincinnati P M. SATURDAY 4.oo—Jack and Jill and orchestra. 4:ls—Maurice Sherman's orchestra (NBC). 4 .30—Pa rent-Teacher Forum. 4:4s—Alice Remsen and orchestra. 5:00 —Southern singers. 5:15—01d Man Sunshine iFord Rush). 5:30—80b Newhall. 5:45 university of Cincinnati talks. 6 00—Tony Cabooch. 6:ls—Gene and Glenn. 6:3o—Notes in business. 7 00—R. F. D. hour, with "Boss'’ Johnson. 7:3o—Croslev Follies. B:oo—Sunshine boys. B:ls—Over the Rhine. 8:30 —To be announced (NBC). 9:oo—Dance orchestra iNBCi. 10:00—Doodlcsockers with Sid Ten Evck. 10:30—Artie Col’ins' orchestra. 11:00—Husk O'Hare's orchestra. 11:30—Edge water Beach Hotel orchestra. 12 Midnight—Artie Collins' orchestra. A. M. 12:30—Seymore Simon's orchestra. 1:00 WLW artist Bureau Jamboree. 1 2:oo—Sign off. I SUNDAY A. M. B:oo—Children's hour iNBCi. 9:oo—Church forum. 9:3o—Three fiddlers iNBCi. 9:45—M00d Continental (NBC). 10:00—Morning musicale (NBC>. 11:00—Organ recital. Arthur Chandler. Jr. 11:14—River reports. 11:15—Roxv's gang iNBCi. P. M. 12■ 15—Waldorf organ recital (NBC). 12:30—Rabbi Tarshish and organ 1:00—To be announced iNBCi. I:ls—Conservatory of music recital. I:3o—Dance orchestra iNBCi. 2:oo—Wayne King's orchestra iNBC-Red). 2:3O—J. Alfred Schehl. organist. 3:oo—Radio League of the Little Flower. Rev. Charles Coughlin. 4 00—Smilin’ Ed. McConnell. 4:3o—Dramatization of Love Stories l NBC i. s:oo—Croslev Roajnios. s:3o—Paul Whiteman's Rhythmic concert • NBC'. - 6:ls—Frahklin Bens and string trio. 6:3o—Great Moments in historv (NBC). 7:oo—Eddie Cantor iNBCi. 8:00 —Warden Lewis. "20.000 Years In Sing Sing” (NBC)

outline map. it will be discovered that by reading across the map in certain sections you will find excerpts from three famous American documents: The Declaration of Independence, Lincoln’s fiirst inaugural address and Lincoln’s Gettysburg address. Indicate with an arrow at the left side of the said map the lines containing any portion of these excerpts. 3. Send the completed map to The Times Crossword Contest Editor, Indianapolis, within fifteen days after the publication of puzzle No. 30, the last of the series. Be sure your name and address appear plainly upon both envelope and map. 4. The Times agrees to pay the following awards to winners of this contest: First, SSO; second, $25; third, $10; fourth, $5; fifth, $5; sixth, $5, and twenty-five prizes of SI each. 5. Awarding of prizes will be on the basis of accuracy, legibility, and neatness of presentation. 6. Awards will be made as soon as judging can be completed following close of contest, and names and addresses of winners will be published in The Times. 7. The Times will appoint the judges. Contestant, in submitting entry, does so with the agreement to abide by the decision of the judges as final. 8. The Times can not undertake to return entries, nor enter into correspondence about them. Nor can The Times permit any one to change an entry after it has been submitted. 9. The contest ts open to every Times reader anywhere, except employes of this newspaper and members of their families. j i

PAGE 9

GRONEMEIER IS NAMED HEAD DF HARDWARE MEN Closing Session of Annual State Convention Is Held at Claypool. A. S. Gronemeier, Mt. Vernon, was elected president of the Indiana Retail Hardware Dealers' Association at the closing session of the annual convention Friday at the Claypooi. L. M. Pletcher, Delphi, was named vice-president. Ralph David. Logansport; Frank Duncan, Gossport. and Karl Fengrr, New Albany, were named to these executive board, and W'llliam Emrirh, Indianapolis, and I. O. Reinoehl, Kendalville, to the advisory board. G. F. Sheely, Indianapolis, secre-tary-treasurer twenty years, was expected to be re-elected by the executive board late todav.

INDIANAPOLIS STOCKS AND BONDS

lßv Newton Todd) The following quotations do not, represent firm bids and offerings, but indicate the approximate markets based on recent transactions or inquiries to buy and sell. —Jan. 27Stocks Belt R R and Stkyds com .... 22 Belt R R and Stkvds nfd 44 SO Cent Ind Pwr 7% nfd 10 is Citizens Gas com is 17 Citizens Gas.s% pfd 67 76 Indpls Pwr Alt 6'; pfd .. 61 66 Intipis Par A Lt 6%% pfd 66 72 Indpls Gas com 43 43 Indpis Water 5% pfd. 93 99 Indpls Pub Welfare Ln Assn.. 46 51 Nor Ind Pub Serv 7% nfd. ... 56 60 Pub Servos Ind nfd .. 30 35 Pub Servos Ind 7% nfd . 40 45 So Ind Gas and Flee 6 - pfd . 60 65 Terre Haute Elec sg, pfd 47 52 Bonds Belt R R and Stkvds 4s 83 88 Citizens Gas 5s 1942 .. 88% 92 Indpls Gas 5s 1952 81 83% Indpls Ry 5s 1967 22 28 Tndnls Water 4%s 1940 99 int Indpls Water 5%s 1953-54 .101 103 Trac Terminal Corn 5s 1957 .. 38 43 Joint Stock Land Banks Fletcher 5s 93 gg Ft. Wayne 5s 40 45 Lafayette 5s 35 39 Phoenix iK. C.) 5s '. 60 65 Liberty Bonds By I nitrii f'rrss NEW YORK. Jan. 27.—Closing Liberty Bonds: Liberty 3%5, '47 103 17 Liberty, lyt 4%5, '47 102 27 Liberty 4th 4.%5. 38 103 18 Treasury 4%5. '52. 110 28 Treasury 4s. 54 . 106 27 Treasury 3%5. '56 105 6 Treasury 3%5, '47 102 14 Treasury 3%5, 43. March 102 19 Treasury 3%5. '43. June 102 20 Treasury 3%5, 49 9931 Treasury 3s. '55 ..' 98 23

Produce Markets

Delivered in Indianapolis prices Hens, heavy breeds over 4' 2 lbs., 11c: Leghorns. 6c. Colored Springers. I>2 lbs. up. Bc. Lectern and black, l'jjbs. un. 6c. stags; 6c; Leghorn stags, sc: rox. sc: Leghorn cox, 4r Ducks, ltyee white full feathered and fat. over 4 lbs.. 3c: small and colored. sc. Geese full feathered and fat, 6c. Young Guineas. 20c. old guineas. 15c. Eggs, approved buvinr grades American Poultry Institute. Fresh eggs. No. 1. lie: No. 2. 16c: No. 3.12 c: No. 1 current receipts. 12c. Pullet eggs. 7c. Each full egg case must weigh 55 lbs. gross. A deduction of 10c will be made for each lb. under 55 lbs. gross. These prices for healthy stock free from feed No sick poultry accepted. Quoted by the Wadlev Company. BY UNITED PRESS CHICAGO. Jan 27. Market, steady; receipts. 8.280 cases: extra firsts. 13U 14c; firsts. 134V13’ 2 c: current, receipts. 12 1 2c: dirties, lie. Butter—Market, unsettled; receipts. 10.719 tubs: specie's. 17’t45 17 s ic; txars. 16 3 4c: extra firsts, le'ac: firsts. 15't 4/16c: seconds. 15'sc: standards. 16' 2 r. Poultry—Market, mostly steady; receipts. 21 trucks: fowls, 12' 2 4i13c: springers. 12'2 47'13'ac; Leghorns, lie: ducks. 10c; geese. 8c: turkeys. 104/14c; roosters. Or; Leghorn broilers. 9' 2 c; stags. 10c. Cheese - Twins. 9- 1 /4/r/10c; Longhorns. 10’ <l lO' 2 c. Potatoes On track. 219: arrivals. 81: shipments. 613: market dull: Wisconsin Round Whites. 67’ 2 4t72' 2 c: Idaho Russ'ts. $1.1042 1.1.5- Colorado McClures. $1.22' 2 . CINCINNATI. Jan 27—Butter packing stock No. 2,12 c; No. 3.8 c: butter fat, 144416 c. Eggs tower; teases included) extra firsts. 134/13'ac; seconds, 12c; nearby ungraded. 13c. Live poultry—l following quotations represent prices for poultry In good healthy condition. Thin and coarse stock sells only at heavy discount 1. Fowls -5 lbs. and over 12c; 4 lbs and over, 12c; 3 lbs. and over. lie: Leghorns. 3 lbs. ana over. 11c; roosters. 7c; stags. 10c; broilers, 1 lb. and over. 15c; 1'? lbs. and over, 15c: 2 lbs. and over. 14c: fryers. 3 lbs. and over. 12c; 1* * lbs and over. 12c: 2 lbs. and over, 10c. Ducks—under 3 lbs , sell at liberal concessions. Ducks, white, 4 ibs. and over, Oc: under 4 lbs. 8c; colored. 4 lbs and over. 9c; under 4 lb? , 8c: capons. 8 lbs. and over. 15r; under 8 lbs, 14c: slips , 12c; guineas. 3r; vourg guineas -l' 2 lbs. and over, 15c; 2 lbs and over. 10c. Turkeys—No. 1. 12c. No. 1, young toms, over 15 lbs . 10c Other Livestock BY UNITED PRESS FT. WAYNE. Jan. 27. Hog market lOe . highr: 100-140 lbs . $3.20: 140-200 lbs . $3.50: 200-225 lbs.. 53.40; 225-250 lbs . $3 30; 250-300 lbs . $3.25. 300-350 lb? $3 15; roughs. $2,254/2.50; stags. $1.50. calves. $7.00; ew-e andvnher lambs. $6.25 buck-. $5.25 Cattle market Steers, good In choice. $5443.50; medium to good. $4 504? 5; common to medium. $34/4 Heifers - good to. choice. $4,504/5; medium to good, $4455: common to m“dium, $34/4 Cows good to choice. *344 3 50: medium to good. $34/3.50; cutter cars, $1,754/2 25: canner cows. $145 1.50. Bulls—good to choice s3'-/ 3 25: medium to good. *2.50453; common to medium. $245 2.50, butcher bulls. $3 251? 3.75. CHICAGO., JAN. 27. Hogs Receipts. 13.000; including 7.000 direct.; fully 104/15c higher than Thursday's average on all classes: 170-250 lbs . *3 40® 3.60: top $3 65 260-350 lbs. $3443.40; 140-160 lbs.. *3.404/ 3.60: pigs. $3,154/ 3.50: packing sows. $2,704; 2.85: light lights. 140-160 lb? . good and choice. $3404? 3.60: light weights, 160-200 lbs. good and choice. $3.5045 3.65. medium weights. 200-250 lbs., good and choice S3 40 4/3.60; heavy weights. 250-350 lbs., good and choice. $344.3 45: packing sows. 275550 lbs., medium and good, $2,504/3;slaughter ips. 100-130 lbs . good and choice. $3.1593.50. Cattle—Receipts. 1 000; rah-: 500; largely a nominal market; strictly eood and choice steers and yearlings absent: day's supply comprising light heifers and mixed yearlings for the most part; bulk selling about steadv at $175 downwith best light, heifers. *5.25: better grade little cattle fairly steady; common and medium grade classes; firm: unri'r’one ?MH very weak on fed steers scaling above 1 200 lbs. Slaughter cattle and \ealerr Sters. 550-900 lbs good and choice. $5 25 45 /.25: 900-1100 lbs . good and choice. $5.25 45 7,25: 1100-1300 ibs.. good and choice $4.25 457: 1300-1500 lbs., good and choice. $.3 50 456: 550-1300 ibs. common and medium, $2 505/ 4 75; heifers. 550-750 lbs good ana choice. $4 754/ 6 25: common and medium $3 25 4/ 4.75: cows, good $2 505/3 25 common and medium. *2 354/2.75: low cutt'-r and cutters. $1.75 9 2.35: bulls, vearlings excluded good bef. $2 754/ 350 rotter common pnd medium. $2 254/ 290 vea!r?. erod and choice. *5.50457: medium M 54 5 5 50. cull and common. $345 450 Stocker and feeder cattle Steers 500-1 059 lb? good and choice $4 254/5,50: common and medium $34/ 425 Sheep Rerej n t-, 13000 few sales 10 small killers and ’ard ’rad-rs steady with Thursdavs close desirable native lamb?. *5 254) 5 75; hotdir.? bet, abo-.e $6: fat ewes *24/2.75. Siaueht*r sheep and lambs—Lambs 90 ]b . down eood and choice *5 5045 6; common and medium $44/5.50: 90-98 lbs . good and choice $5 35 475.75: 93-110 lb*, good and choice *54; 5.35: ewes. 90-150 lbs good and chocie. $2453: ell weights, common and medium, 51.2552.50. NEW YORK COFFEE —Jan. 27 RIO March 5 90 5 81 5 86 May 5 60 5 59 5.50 July 5 25 5 25 5 25 September 510 5 00 5 05 December 4 30 4 94 4 94 SANTOS March 8 33 8 30 8 33 May 786 .7 86 786 July 7 55 7 54> 7 54 September 7 24 7 20 7 24 December 7.10 7 06' 710

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