Indianapolis Times, Volume 44, Number 233, Indianapolis, Marion County, 7 February 1933 — Page 11
FEB. 7, 1033
STOCKS PRICES SHOW GAINS IN LIGHT VOLUME Genera! Motors Dividend Payment Boosts List Early. Average Stock Prices Averts# of thirty industrial# for Monday. high Vi 27 low St: 65 :.i'* 68 07 up .52 A orat’r f twenty rails 28 08. 27 36. 27 On up or. Airraid of twenty UtilltlM 21 SO. 24 48. 24 76 unchanged. Average of forty bonds 79 80, off .18 • BY F.I-MER C. WALZLR t nlled rrr FinanrUl Editor NEW YORK. Fob. 7—Declaration of the rrßular quarterly dividend on General Motors common Stock offset the bad effects of an adverse 1032 report of that corporation and made way for continuation of Monday’s moderate recovery on the stock market. Prices were up fractions to a point, in most sections of the list, although volume was small. The first sale of General Motors was a blcrk of 1,000 shares at 12 , Up >, point net. The issue held around that level in the early trading. Motors Firm Up Other motor shares firmed up with the leader on the theory the dividend declaration was a vote of confidence for the industry. Auburn jumped nearly a point to 42%, while Chrysler made a fractional gain to 121 k. Steel common opened at 27, up i , and then fell back to its previous close. The preferred stock was unchanged at 57. American Telephone met support and moved up [i;i % t up % point net. Utilities generally were better with Public Serv--1 Ice up nearly a point at 48 i. Rails Rule Steady Railroad Issues ruled around previous closing levels. Oils were al*ut steady as were coppers. Soc-ony-Vacuum, whose directors meet for dividend action this morning, was up slightly at fi%. J. I. Case firmed up following Monday's sharp rise in wheat. United Aircraft, Radio, Allied Chemical. Montgomery Ward and Kennccott gained in their respective groups.
Basketball Notes
I A. C. TO STAGE TOURNEY Indianapolis Athletic Club is sponsoring n boys' senior basketball tournament to lr held in the Club gym, Thursday. Friday slid Saturday nights. , . The team average weight must be pounds and the boys must be under 20 of age. Gold watch charms til be awarded to the members of the winninß team and the same type of award in silver to the runners up. . . , Schedule of games for Thursday night, fi'trf p. M. Northslde Five vs. Holy Cross Juniors. r . r* 700 Abertexas Tighers vs. I. A. o. B T; , ; 11 f. A. C Bruins vs. Cardinals fi oo Broad Hippie Aces vs Ram *’' e . rs - The winners will play Friday night and the finals will be held Saturday night. The newly-organized Citizens Gas Be court team would like to sclv-dule games with fast iit v and :tate quintet* playing in Hie 18-20-vear-old class having access to gyms Call Dowdell at Be. 2741-W betweell* 570 and 8:20 Arsenal Bulldogs and English Avenue Bovfc Club, notice. A tourney for Sunday School teams is *Vw ng planned tor Feb. 17. 14 and 15. Any teams Interested are t resented at u meeting tonight at 7.30 at First Presbyterian gym. Sixteenth and Delaware siroet. The sectional independent basketball tournament for teams of JJSS Murion counties lexclusive of indianapolls tram i, will be held at Bridgeport on the •ni.'h* . of February 22, 23. 24 nnci * bo winner and runner-up will represent this (Vi; (net at the state tournament in Marcn. Anv team in this section 'bat has not yet received an entry blank, write or call. Ficd Brandt. Bridgeport, BEL. 3294-ring 3. Indiana Inspection Bureau Pasily riefeated Stockyards Saturday night. 41 to Stockyards Reserves came Horn behind and deteated Englewood church team, 32 to .31 Friday the Inspection Bureau will meet Phi Cambria Epsilon in lhe Industrial League, and Saturday night. Hazards will tilav the strong Eden Independents at Dearborn gym at 7:45. Third Christian church defeated Riverside Aces 21 111 16. with a brilliant rally •111 the last half led bv W. Sutton, who bagged ten points O'Hara Sans defeated Bridgeport Cardinals. 28 to 21 and lost to Ferndale A C 30 to 2fl in the city Sunday tournament San : wi!' play Indiana Bell Wednesday at Brookside at H p m. For games, call H. L. Hustrdt. Ch 4252-W. Speedwnv M. F, playing in the 18-20-trear-old class, desires games with fast ritv and state teams having aecess to gyms or plavmg on a home and home basis. Speedways have a cvm for Tuesday and Friday rights. Call Be. 1483. ask lot Harold or Don. Irvington Troians easily defeated Citizens Clas 54 to 29 Troians Jumped into an earlv lead and never were headed Thursday night. Shelby' die "ill invade old Butler cvm to battle Trojans at 8 p. m. A prelim game starts at 7 p. m. Troians would like to heal from IT. S. Tires. St. Phillips and Ell Lilly for games. Call Charles Dorn. Ir. 0937 Hvrilri led the Olympic VC to a 26-to-23 win over the Btuestein A C, that left the Olympics and Crimson Cubs in a tie (or the Olympic Sunday League lead tilth ten wins and two losses each Bluestein dropped back to second place with nine wins and three losses Hadlev scored ten points Waiss. with eleven, led Bluestein The Cubs, paced bv Weurzberger with twelve points, downed Olympic Flashe-. 44 to 27 Wiikerson dropped cleien points through the hoop for the Flashes Olympic Buddies won from New Blue Sfenk- 30 to 19 with Carlstedt garnering ten markers for the winners. Woodside dropped the R O C club. 24 to 23. Indianapolis Invaders defeated New- Albany Indepndents 32 to 24. at New Albany I icr of New Albany gave the Invaders’ defense a lot of trouble, but Goble and Martin led the Indianapolis learn to victory bv scoring twentv-three points between them. Lawrence starred on defense for Invaders For games with Invaders call Talbot 5844 before 7 p m . or write Ed Lawrence, 711 South Meridian street. Monday Fight Results AT CHICAGO- Yanas Milling, sensational Filipino featherweight scrapper from los APCCirs. stopped Faui Da/zo of Chicago In 2 minutes and 57 seconds of the first round of their scheduled ten-rounder. AT NEW YORK Hans Birkie. California German heavyweight, won an unpopular ten-round verdict over Red Barry of Washington. The decision was booed loudlv Manv rinesldrrs believed Barry won as ntanv a* eight rounds AT NEWARK N J Young Terry. Trenton middleweight, decisioned Jack Rosenberg. New York, in ten rounds. iAT PARIS. France Kid Tunero. Cuban middleweight earned a title bout with Mnrcel Thil. generally recognized as champion. bv outpointing Kid Nitrara of France In ten rounds. AT NEW YORK Billy Humphries British lightweight, lost to Jack Maasino. New York, tn five i-bunds AT LOUISVILLE- Par Krnnev. Indianapolis heaw weight, won a ten-round newspaper derision over Nick Davis. Louisville AT MIAMI. Fla Babv Manuel, 131. Cu- • ba. knocked out Joe Guzman. 124. Cuba 11 1 ■ AT NSW ORLEANS Eddie Flvnn. 152 New Origans. dec tunned Buster Malhin 154 Kiln. Miss -10 . Ari RDUE, FORDHAM SIGN By i imrt speiint NEW YORK. Feb. 7 Purdue U. and Fordham will clash on the gridiron on Nov. 17. 1934. probably at New York, it was announced here today by Fordham officials.
INDIANA STOCKS AND BONDS
The following q'lotatton* do not represent actual blot or offering*, but merely Indicate the approximate market level ha rd on btiv.ng and selling Inquiries or recent transactions. Feb. 7 STOCKS Bid. Ask Belt Rail A- Stock Yards com. 23% 27 Belt Hail A Stock Yards pfd 6 45 49 Centra! Ind Power pfd 7'i 11 15 Citizen* Gas Cos com 1414 17 citizens Gas Cos pfd s'i .. 65 70 Home T A TANARUS, Ft. Wayne 42 45 Ind A Mich Elec Cos pfd 7', ..86 90 Ind Gen Service Cos pfd 6'* . . 81 86 Ind Hvdro Elec Cos, pfd 77*.... 35 40 Indp.s Gas Cos com 42’,4 4,% Incols Power A Light Cos Dfd O'* 60 65 Indoj.' Hover ALt Cos pfd 6%% 66% 70% Indpis Water Cos pfd s'-. ... 94 98 North Ind Pub Serv Cos pfd 5%% 46% 51% North Ind Pub Berv Cos pfd 6% 51 % 55 1 j North Ind Pub Serv Cos old 7% 56% 60% Public Service Cos pfd 6% 31 35 Public Service Cos nfd 7'. 45% 49% South Ind Gas A El Cos pfd 6% 62 66 Terre Haute Elec pfd 6% 50 55 BONDS Belt Rail A Stock Yards 4. 1839 82 87 Citizens Gas Cos ss. 1942.. ..91 95 Home T A T Ft W 5%s 1955.. 97*4 100’.. Home TAT Ft W 6s. 1943 98V. 101' a Iridpls Gas Cos 5s 1952 81 83 Indpis Rys Inc ss. 1947 23 27 Indpls Water Cos 4%5. 1940 .... 93 101 Inripls Water Cos 5s 1960 91 94 rnrinls Water Cos ss. 1970 50 93 Indpls Water Cos 5%5. 1953 101 '4 mV? Indpls Water Cos ss. 1954 . .101% 104'/; Kokomo Water Works ss. 1958 80 1 a 81'4 Lafayette Tele Cos 5s ,1957 83 88 Muncle Water Work ss. 1939 94% 98'a Richmond Water Works ss, 1957 84 88 Terre Haute Water Wrk ss. 1956 84 88 Terre Haute Water Wrk 6s. 1949 95 99 Traction Terminal Cos ss. 1357.. 39 43 Joint Stock Land Banks Bid. Ask. Atlanta 5% 26' 2 30'a Atlantic 5% 36 40 Burlington 5% 25 30 California 5% 51 55 "Chicago 5% 16* a 1® Dallas 5G 44 48 Ihmer 5% 42% 46% [Yes Moines s'* . 27% First Carolinas 57? 28 32 Fremont s', 33% 37% Kentucky s', 56 61 I.aFavette S'. 40 44 Lincoln 5% .’ 35' a 39'2 Louisville 57? 52'a 57% Marvland-Virginfa 5% .... v • 63 67 Mississippi 5% 41 45 New York 5% 42 46 North Carolina srv5 r v .25 29 Oregon-Washlngion 5% 29 34 Pacific Portland 57- 36 40 Pacific Salt Lake 5% 39 43 Pacific San Francisco 57? .... 41 45 Pennsylvania &% 55 59 Phoenix 59 60'a 61 1 2 Potomac s'r 39 43 •St Louis 57 15 177 San Antonio 57 .... 44% 4R% •Southern Minnesota 57- 9 12 Southwest 5% 32 37 Tennessee sr.5 r . 44'2 48% Union Detroit 5% 44 48 Union Louisville 5% 52 56 Virginia Carolina s'r',, 33 37 Virginia 5% 50 54 •Flat. Liberty Bonds Hji I vitai Press NEW YORK. Feb. 6.-Closing Liberty bonds: Liberty 3!s, 47 103 14 Liberty First 4Us, 47 102.25 Libert Fourth 4'4S, 38 103.12 Treasury 4’ 4s. 52 110.25 Treasury 4s, 54 106.25 Treasury .TUs, 56 104.30 Treasury 3%5. 47 102.17 Treasury 3%5, 43, June 102.19 Treasury 3' B s, 49 100 00 Treasury 3s. 55 98.23
Other Livestock BY UNITED PRESS CHICAGO. Feb 7. Hoes-Receipts. 18 - 900: includiiiE 5.000 direct: storm market. 25® 35c higher than Monday's average; backing sows fullv 15c up; 140-250 lbs.. 53.70® 3.95; top. $4: 260-300 lbs.. $3.60® 3.15: piss. $3.50W3.75: most packing sows. s3® 3.15; light lights. 140-160 lbs., good and choice. $3.75® 3.90: light’ weights. 160-200 lbs., good and choice. $3.85® 4; medium weights, 200-230 lbs., good and choice. $3.70 ® 3.95: heavv weights. 250-350 lbs., good and choice. $3.40® 3.75; packing sows. 275550 lbs., medium and good, $2.804(3.23; slaughter nics. 100-130 lbs., good and choice. $3.50® 3.75. Cattle—Receipts. 7.500: calves. 1.500: severe snow storm slowing down trade: largely steer and yearling run: lew early sales steady to strong; buyers resisting higher asking prices, but hardly enough done to make a market: largely because of storm conditions; she stock and bulls, fullv steady: vealers. 25® 50c higher; best yearling steers, earlv $6.50, some held higher: bulk. s4®6. Slaughter cattle and vealers—Steers. 550-900 lbs., good and choire. $5.50® 7.50: 000-1100 lbs., good and choice. *5.50® 7.25; 1100-1300 lbs., good and choice. $4.50®7 25: 1300-1500 lbs., good and choice. $4.50® 6.50: 550-1300 lbs., common and medium. $3.50® 4.75: heifers. 550-750 lbs., good and choice. $4,504/ 6.25; common an dmedium. $34(4.75: cows. good. $2.50®3: common and medium. $2.10® 2.50: low cutter and cutters. $1.50®2 10; bulls, yearlings excluded, good. beef. 52.254J3; cutter common and medium. $2,254/2.85: vealers. good and choice. $6,504; 8; medium. 53,25® 6.50; cull and common. s3® 5.25. Stocker and feeder cattle- -Steers. 500-1.050 lbs. good and choice. $4,254/ 5.50: common and medium. s3® 4.25. Sheep—Receipts, 23.000: market, not established, buyers talking steady; asking strong to 25c higher: big portion of run still not varded because of snow storm: holding closely sorted native lambs a bow# $6.25. Slaughter sheen and lambs Lambs. 90 lbs down, good and choice. $5,754/ 6.35: common and medium. s4® 5.75: 90-98 lbs., good and choice, $5.35 4)6 15; 88-110 lbs., good and choice. ss® 5 63- ewes. 90-150 lbs., good and choice. *2® 2.85: ah '"eights, common and medium. $1,254)2.50. PICK MAN, 29. TO RUN CHICAGO’S GIANT MART Young; Pennsylvanian to Operate World’s Largest Building. By United Press CHICAGO, Feb. 7.—A man under 30 years of age was selected Monday to manage the largest building in the world. Chicago's Merchandise mart, which looms like a mountain on the north bank of the Chicago river. The new manager. T. J. Reed, will succeed H. M. Mcßain, who also was under 30, when he assumed control of the mammoth structure a year ago. Mcßain will become assistant to the president of Marshall Field <fc Cos. Reed, a native of Pottstown, Pa., | is 29. and has been associated with the mart company since 1928.
Hlf HO T™d. Mrt K* ¥~W U. S. Prt. 08. CITTING very quiet, but just full of trouble for Hi-Ho puzzlers. Is this King of Beasts. But he can be tamed if you go about it properly. Cut out the seven mystic pieces and rearrange them to form his silhouette. Chim. 7 Rather an unruly youngster, that angry boy* Here's the way to bring him out of the puzzle pieces.
HOGS CONTINUE STRONG TREND AT CITY YARDS Cattle Slow, Steady With Previous Range: Sheep Unchanged. Hogs continued the advance in progress Monday at the city yards this morning, prices moving up 10 cents over the previous strong range. The bulk, 160 to 250 pounds, sold for $3.80 to $3.90; 250 pounds up, $3.60 to $3.75. Weights of 120 to 160 pounds brought $3.60 to $3.80 Porker receipts were estimated at 5.500. Holdovers were 114. Market in cattle was not fully developed early. Asking was higher with the trend of buying steady. Looked as if the final range would be steady to strong compared with Monday. Receipts were 1.500. Vealers opened steady at $7 down and sold up to close 50 cents higher at $7.50 down. Calf receipts were 500. Early trade in lambs were steady at $6 to $6.25 on most sales. Fed westerns were slow in getting started and were held above $6.25. Receipts were 1,700. All indications were pointing sharply higher in hog trading at Chicago, early bids moving around 15 cents higher than Monday’s average. Severe blizzards raging in the windy city were believed responsible for the stronger porker sold at $3.65, while asking held above prices. The bulk of 240 pounders $3.80 for best lightweights. Receipts were estimated at 18,000, including 5,000 direct; holdovers, 2.000. Cattle receipts were 7, 500; calves, 1,500; market unchanged. Sheep receipts numbered 23,000; market stationary. HOGS J an - Bulk Top. Receipts. 31 $3.404j 3.50 $3.50 6.000 Feb. 2. 3.50® 3.60 3.60 5 000 3. 3.4047 3.50 3.50 5,000 4. 3.507® 3.60 3.60 1,500 6. 3 704;. 3.80 3 80 4.000 7. 3.80® 3.90 3.90 5.500 Market higher. ... . —Light Lights—--1140-1601 Good and choice. . . $ 3.70® 3.80 —Light Weights—--1160-1801 Good and choice 3.90 (180-200) Good and choice. .. 3.90 —Medium Weights—-(2oo-220) Good and choice... 385 (220-250) Good and choice. .. 3.750 3.85 —Heavy Weights—-(2so-2901 Good and choice... 3.700 375 (290-350) Good and choice.... 3.65® 3.70 Packing Sows—(3so down) Good 2 85® 325 (350 up• Good 2.754/ 3.10 iAll weights) Medium 2.400 2.75 —Slaughter Pigs—-(loo-130) Good and choice ... 3.40® 3.60 CATTLE Receipts, 1,500; market, steady. —Steers— (550-1.100) Good and choice $ 5.00® 6.75 Common and medium 3.250 5 00 (1.100-1,5001 Good and choice 4 25® 6 50 Medium 3.50® 4.25 „ —Heifers—-(sso-7501 Good and choice 4.50® 6 00 Common and medium 3.00® 4,50 (750-9001 Good and choice 4 00 ® 5.75 Common and medium 2.75® 4.00 _ —Cows— O° od • 2.50® 3,25 Common and medium 2.00® 2.50 Low cutter and cutters 1.25® 2.00 _ . —Bulls (yearlings excluded) Good (beef( 2.75® 3.25 Cutter, common and medium.. 1.50® 2.75 VEALERS Receipts. 500; market, higher. Good and choice S 6.50® 7.50 Cull and common 3.00® 4.50 —Calves—-(2so-300) Good and choice 4 00® 5 50 Common and medium 2.50® 4^oo —Feeder and Stocker Cattle—-<soo-3001 Good and choice 4 00® 5.50 (800-l U Cs°o" - and medium 2.75® 4.00 Good and choice 4.00® 5 50 Common and medium 2.75® 4.00 SHEEP AND I.A,MBS Receipts 1.700; market, steady. . —Lambs—on in fl°" n l~ Go J od a ? d choice.ss.7s® 625 ion 1L ° J bs ' Ga °d and choice. 5.50® 6.00 IJO los. down) Common and med 3.254/ 575 _ , , —Ewes— Good and choice 1 50® 2 so Common and medium 75® £SO
Other Livestock BY UNITED PRESS EAST ST. LOUIS. Feb. 7.—Hoes— Receipu 7.000; market. 25W40c higher; sows 154125 c up; top. $4; bulk. 150-23 J lbs $375 3 ift® ; y 2 as' lbs $3.80413.75; 260-330 lbs P n' 6 : e r ll l lbS " $ 3i? '3.65; sows, 52.604/3. Cattle—Receipts; calves. 1 200 market, unevenly higher due to weather conditions; steers, mixed yearlings and heifers around 25c higher: cows, strong; ! bulls steady; vealers 50c higher at $7.50' yearlings and heif-* ers. $3.504/>5: beef cows. $2,254/3; toD 1 a nn aße bulls, $2.50. Sheep—Receipts, 1.800, market, steady to strong; betted lambs to small killers, $5,754/ 6; asking higher for others. B EAST BUFFALO. Feb. 7,-Hogs-Receipts 300: active to shippers; 254/ 3oc over Mondays “Vejage; desirable 160-210 lbs., $4.30 /'4.35; 2*o-250 lbs., quoted s4'</ 4.25. Cattle Receipts. 50; cows, unchanged; cutter grades. $1,504/2.25. Calves—Receipts, 75; vealers fully steady; good to choice, $8; y <- * 8 s °; common and medium, $54/ 6.75 Sheep—Receipts, 100: holdovers, 200; lambs steady, quality and sorts considered, sped to choice fed westerns straight at 53.65; mild offering. $5.85. | FT. WAYNE. Feb. 7—Hces- Receipts. 15c l ‘h. >M-140 lbs. $3.50: 140-200 lbs . $3.85; ;00-225 lbs.. 53.75; 225-250 lbs.. $3.75: 2501 lbs.. $3.65: 300-350 lbs., $3.55: roughs. $2.,5: stags. $1.50: calves. $7: ewe and wether lambs. $6; bucks. $5. CattleSteers. god to choice. $54/ 5.50: medium to , ;ood. 54.50G5; common to medium. $34/4: .heifers, good to choice. $4,504/5: medium : ,0 good. $44/4.50: common to medium. $3 ! n4: cows, good to choice. $34/ 3.50: meI dium t ogood. $2,504/ 3: cutter cows. $1,834/ 1 2.25: canner cows. *l4/1.50: bulls, good 10 choice. $3453.25: medium to good. $2,504/ 3; common to medium. $24/2.50: butcher bulls. 53.254/ 3.75. LAFAYETTE. Feb. 7—Hogs—Receipts, 15c up: 160-200 lbs $3.75; 200-225 lbs. 33.70: 225-250 lbs.. S3 60: 250-275 lbs.. $3.55; 275-300 lbs.. $3.50: 300-325 lbs.. 53.40: 140160 lbs. $3.50: 120-140 lbs.. $3.25: 100-120 lbs.. $3: rough hogs. $2.75 dowm; calves steadv. top $6; lambs steady; top. $5. PITTSBURGH. Feb. 7.—Hogs—Receipts. 1.000; market about 25c higner; 160-220 lbs.. $4,156 4.25; top $4.30. 220-250 lbs., $44/ 4.15. better grade pacing sows, $363.25. Cattle—Receipts, 25; market. mostly steady; medium to good steers yearlings quoted $416:5.35; common to good cow's, $2.35'/3.25: common to medium bulls, $2.50 4/3.25. Calves—Receipts, 50; market, steady; better grade v ealers. $6.50;/ 7.50. Sheep—Receipts. 500: market about steady; choice lambs, $6.35 9 6.50: common to medium. S3 654/.5.50. TOLEDO Feb. 7.—Hogs- Receipts. 160: marker, 106 15c higher: heavy yorkers. 53.904/ 4; mixed ana bulk of sales. $3.75■•/ 4: pigs and lights. $3,256 3.40: medium and heavies. $34/3.30: roughs. $2,254/2.50. Cattle—Rece.pts, 65 market. steady. Calves—Receipts, light; market, strong. Sheep and lambs—Receipts, light; market. slow. CLEVELAND; Feb. 7.- Hogs—Receipts. 1.000; holdover, none, steady to 20c higher, 160-230 lbs sorts, $4.10: 2'40-lb. averages. 53.90; 260-300 lhs . $3 65 and 361-ib. weights S3 35; early interest in pigs. Cattle—Receipts, 200. steady: low- cutter to common cows. $1.506 2.50; practically nothing done on ste-rs. Calves—Receipts. 600; steady with Monday s close: spots higher than early; top vealers. $8.50; others $8 down- ! ward; medium offering usually under S7: ; little below. *5 Sheep—Receipts. 1.800: J top wool lambs. $6.50: others lacking toppv characteristics. $6.254/6.40. wool I throwouts. *5i?5.50: talking $6 downwards j on few plain wooled lambs and nearly good clipped offerings. Up Times Spci ini LOUISVILLE. Feb. 7-Cattle Receipts. ! 125. quotably steady; Monday's run wr*' . c eared and only limited supply ‘ *ck I arrivals in fresh today: bulk common and ' edium steers and heifers quotable. $3 504/ 4 Tn. well conditioned good qualified feo . :ght weights eligible to $5 25 or better: beef cows and bulls mostly $3 down, low I cut'ers. $1.259 2: stochers and feeders mostly. s3'u4. Cabes—Receipts 200: market steady with Monday's 50c advance: bulk good and choice vealers. $56 6; most medium and lower grades $4 down. Hogs - Receipts. 500. 20c higher; 175-240 lbs .. $7 90: 245-235 lbs. $3.65: 300 lbs up. $3 25: 135-170 lbs $3 55; 130 lbs down. $2.90. sows $2 95 and stags. *2. Sheep—Receipts. 50. undertone easier; strictly good to choice handy weisht lambs quotable at $6 or better; bulk around *5.50; up for better ; grades; medium and lower erades *5 25 j down; fat ewes. sl#2 Monday's ship- ! meats. 77 cattle; 102 calves and 120 hogs.
THE INDIANAPOLIS TIMES
New York Stocks
' .3v Thomson & McKinnon 1 —Feb. 7 Railroad,— High. Low. 11:00. close. Prev. Atchison 43 1 2 43 3 4 At! Coast Line • 21 Bait A Ohio 11’. 11 11'a 11 Che.a A Ohio.. 28% 28'. 23% 28'. Chrsa Corp . 18% Can Pec 10% lO's 10% 10% Chi Grt West 2 ! * Chi N West 4'2 4’ 2 Del LAW ... 24’, 24 1 2 24 1 2 24% Dei A Hudson 50% Erie . • ■ 5 Great Northern . 9% 9'2 9% 9% Illinois Central.. 13% 13% 13% 13 1 2 Kan Cltv So . 9% Lou A Nash 28 27 s . M. K A T 7 7 i 7% Mo Pacific pfd.. .. ... ... 4 s . N Y Central 18% 13’. 18% 18%: NY NH A H 15’ 2 15% 13% 15% Nor Pacific , 15't 15 15 15'. O A W 10' 2 Pennsylvania .... 18'. 18 18 18 So Pacific 17 17 Fouthrrn Rv ... .. o’, St Paul 1'2 I’, St Paul pfd 2 ! 2 2>,2 Union Pacific .. 73’, 73’2 73% 74 W Maryland ... 6% Equipments Am Car A Fdv.. .. ... ... 6’, Am Locomotive.. .. ... ... 7V Am Steel Fd ... 6 6 Am Air Brake Sh .. ... ... 10 | Gen Am Tank .... ... ... 17% General Elec ... 13 1 2 13’s 13 ! 2 13% j Gen Ry Signal 18 1 2 i Pullman . 21 21 Westmgh It B . ... ... 14', j West ngh Elec... 27% 26’ 8 26% 27%, Rubbers— Goodrich 4% 4 4 4 Goodyear 12 11% 11’ 8 11% Keily Sprgfid 1% ... ! U S Rubt ir 4 3% Motors— Auburn 42% 42 1 , 42', 42 Chrysler 12‘a 12 12 12 1 General Motors.. 13 12% 12’, 12% ! Graham Paige • ... 2 Hudso.. 4 Vi 4', Kupp ... 2% 2 a Mack 14'2 Marmon ... ... 1 Nash 14 s * 14 1 b 14% 14 '■ Packard 2'a 2's j Reo ... ... 2', | Stndebaker 3’a Yellow Truck 3 Motor Access— Bendix Aviation 8% 8 7 s Borg Warner 8 Briggs 4' 3 Budd Wheel 2'a Eaton ... .. • 5% El Auto Lite 17% 17', Hayes Body IV, Murray Body 2 T a Sparks W 1% ... Stewart Warner 3', Timkin Roll 15's 14Va Mining— Am Smelt ... 12’i 12’, Anaconda Cop 6 7 v 6 5 a 6’, 6’a Alaska Jun .... 12', 12'a 12’i 12, Cal A Hecla 2Vi j Cerro de Pasco.. ... 7Vs 7 , Dome Mines 15 14’, 14 3 4 15 Freeport Texa* 23 Granby Corp .. 4’ 2 4’a- 4’a Int Nickel 7 5 a 7‘ 2 7 3 a 7’b Inspiration ... 2% ... Isl Crk Coal 2’2 Kennecott Cop.. B’a B’, B’a 8 ! 2 Magma Cop . • • • 8 Noranda 20’s 20 20'2 20'2 Texas Gul Sul 23 23 U S Smelt 18'2 Oils— Amerada 20’ B Atl Refining 15 7 s 15’a Barnsdall ... 3’a 3' 2 Sbd Oil 15Va Mid Conti 4’i ... Ohio Oil 5Vs 5 7 a Philiips s : ‘s Pure Oil ... ... 3'i Royal Dutch ... ... 19', Shell Un 4 Cons Oil s’i s'i Skellv 3', ... Standard of Cal.. . ... 23 23’a Standard of N J 25’ , , 25’ 25’a 25’a Soc Vac 6 5 s 6’s 6 5 8 6'i Texas Cos .. ... 12ta 12’2 Steels— Am Roll Mills.. .. ... ... 7’a Bethlehem ... 14’, Byers A M. . 11 .4 McKeesport Tin 49-’ 8 Rrpub lAS .. 5 7 £ 5 7 a U S Steel 27 26 5 b 2518 26; a Vanadium JUi Youngst S&W 10:8 Tobaccos— Am Sumatra ... 8 Am Tob (A) new 56 54 5 s 54’, 55 Am Tob iB) new 57’, 56 56'2 57-’ 8 Lig A Mvcrs B 56’, 55 56 57 Lcrillard 12■ 11’, ll’i 12’< Re'.nolds Tob. . 29’, 29's 29'2 30 United Cig Ve Vb Utilities — Adams Exp 4', 4' B Am For Pwr ... 5 7 e 5 3 , Am Pwr A Li ... 6'a 6'a A T A T 99 3 a 98 7 /s 98’ 98’a Col Gas A E 1... 14 14 Com A Sou . • 2's 2’a Cons Gas 52'i 52'"a 52 'a 52 El Pwr A Li ... 5 3 a s’a Gen Gas A ... l's 1 1 a Inti T & T 6Vs 6 6‘s 5 7 a Natl Pwr A Li.. 12 It’s ll’s 12 No Amer Cos 24'4 23’a 23’s 24 Par, Gas A El 28's Pub Ser N J 48', 48 48 47 ‘2 So Cal Edison 25 Std G A El 10’a 10’, United Corp 7’s 7’ B Un Gas Imp ... 18's 18 18 18V, Ut Pwr ALA 2’a 2 7 a West Union .... 22 3 i 22 22 22’, Shipping— Am Inti Corp .... ... 7 7 N Y Ship 3"2 3'a Vz 2’, United Fruit ... 27% 27', 27', 27 Foods— Am Sug ... 24 Armour A ... l’s l’s Can Dry 8 3 , B’, Coca Cola 78% Corn Prod 53’, 53% 53 3 a 53’, Crm Wheat 27 Gen Foods .... 23’s 22% 23>, 23 Grand Union ... ... 5% Hershey 50’4 50 50*4 50 Kroger’ 17% 17% 17% 17% Nat Biscuit ... 36 5 a 36% 36% 36% Natl Dairy ... 13’, 13% 13% 13% Purity Bak 7’, 7% 7 5 a 7-% Safeway St 39’4 39% 39’, 39% Std Brands ... ... 14% Drugs— Coty Inc 4's 4 4 4 Drug Inc 35' 8 Lambert Cos ... 29 1 2 28 7 a Lehn & Fink ... ... 17% Industrials— Am Radiator.. 6'a 6 6 6'/s Bush Term . . 2% ... Oiis Elcv 11 10% 10% 11 Indus Chems— Air Red 57 Allied Chem ... 81% 81% 8"4 81% Com Solv 10% 10% 10% 10% DuPont 36 35% 35% 36 Union Carb ... 25% 25% U S Ind Alco 18% 18% Retail Stores— Assoc Dry. Gds 4 Girnbel Brns ... ... 1 Krcsge S S B'a May D Store.... 13% 13% 13% 12% Mont Ward 13 12% 12% 12‘s Penny J C 24% 24% 24% 24% Schulte Ret St.. . Sears Roe 18% 18 18 18 •, Woo'worth . 32% 31% 31% 32 :a Amusements— Eastman Kod .. 56% 56% 56% 57 Fox Film A ... ... 1% Grigsby Grunow 1 Loews Inc 15 7 Param Fam ... % % Radio Corp 4% 4% 4% 4% R K O 1% Wraner Bros ... 1% I', Miscellaneous— City Ice A Fu 11% Congoleum 7% Proc A Gam 24% Allis Chal . 7_ 6% Am Can 58% 57% 57% 57% J I Case 42% 41% 42 42% Cont Can 40’, 40% 40% 40% Curtiss Wr 1% 1% 1% 1% Gillette SR 16 Gold Dust 14 Int Harv 20% 20% 20% 21 Int Bus M 88% 88% Un Aircraft .... 23% 23% 23% 23% Transamerica.... . 5 Owens Glass ... 34% 34% New York Curb (By Thomson A Mcinnonl —Feb. 7 11:00 11:00 Alum Cos of Am. . 45 Ford of France.. 3% Am Cynamid... 4 Hudson Bay ... 3% Am Gas A Elec 25% Int Pete 9% Am Super Pwr.. 3’, Nia Hud Pwr... 12% Ark Gas <A>... 1% Penroad 1% Cent Sts Elec.. 1% Std of Ind 20% Cities Service . 2% Stutz 14% E! Bond A Sh. 14% United G (new). 1% Elec Pwr Asso.. 3% Un L A Pwr (A) 3% Ford of Can . . 6 Un Fndrs 1% Ford of England 3% Foreign Exchange (Bv Abbott. Hoppin A Co.l —Feb. 7 Open. Sterling. England $3.43 Franc. France .0390% Lira. Italv 0511% Fianc. Beleium 1391 I Mark. Germany 2378 Guilder. Holland 4017 I Peseta. Snain 0820 i Krone. Norway 1753 , Krone. Denmark 1528 ! Y'en. Japan 3138 Bank Clearings INDIANAPOLIS STATEMENT Feb. 7 - : Clearings $1,656,000.00 Debits ~ 4.129.000 00 TREASURY STATEMENT Feb 7 Net balance for Feb. 4 $432 821.892 71 Expenditure* ! 10 216.226 44 Customs rects., mo to date.. 2 603.715.78 RAW SUGAR PRICES —Feb 6 High. Low. Close. January 86 .83 .86 March 69 .67 .69 May 73 .69 .73 Julv 75 .74 .75 S-ptember 80 .77 .80 December 84 .83 .84
CHAIN FUTURES SELL DOWN ON WEAKJSUPPORT Cables Fail to Move Up as Due; Corn and Oats Lower. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO. Feb. 7.—Failure of cables to reflect the strength here Monday and the heavy snow storms caused scattered selling on the Board of Trade today, although the market opened unchanged to % cent lower. The presence of the severe cold offset the snow. Liverpool made a minor advance but fell back on chaep Argentine offerings. Corn was unchanged to % cent lower in a small trade, largely following wheat. Oats was unchanged to % cent lower and rye was unchanged. Provisions were steady. Liverpool made a small advance in line with the action in North America Monday, but settled back to % cent higher at mid-afternoon. To the combination of low temperatures and dust storms has been added a severe cold wave covering practically the entire southwest. Lacking individual incentive, corn took late strength from wheat Monday and scored a good advance. Oats also made a good response to the strength in other grains, but trading continued very limited. Chicago Primary Receipts —Feb. 6 Wheat 643.000 Corn 557.000 Oats 270,000 Chicago Futures Range —Feb. 7 WHEAT— Prey. High. Low. 10:00. close. May 47% ..47% .47% .47% July 48% .48% .48% .48% Sept 49% .49% .49% .49% CORN— May 25% ..25% .25% 25 July 27% .27% .27% .27% Sept 23% .28% .28% .28% OATS— Mav 17 .16% .17 .17 July 17% .17 .17% .17% Sept 17% .17% .17% .17% RYE— May .34%. July 33% .33% .33% .33% CHICAGO CASH GRAIN B;i United Preas CHICAGO, Feb. 6.—Cash grain close: Wheat—No. 5 red. 45c. Corn—No. 4 mixed. 22c; No. 2 yellow old. 25®25',c; No. 3 yellow, 22%®23',c; No. 3 yellow’, 22® 22%c; No. 5 yellow. 21%®22c; Mo. 3 white, 23' iC; No. 4 white, 22%c. Oats —No. 2 white, 16%®17%c; No. 3 white. 16',c. Rve—No saies. Barley—2s®36c. Timothy —52,254)2.50. Clover—ss.so®B. Cash provisions—Lard, $3.87; loose, $3.40; leaf, $3.37. Bit Timm Special CHICAGO, Feb. 7.—Carlots—Wheat, 5; corn, 175; oats, 11; rye, 1, and barley, 19. TOLEDO CASH GRAIN Bjt United Press TOLEDO, Feb. 6.—Cash grain close: Grain in elevators, transit hilling: Wheat --No, 2 red, 53*/2®54'2c; No. 1 red, lc •Ternium. Corn—No. 2 yellow, 294/30c. Aats —No. 2 white, 20®21c. Rye—No. 2, 42%®43%c. Barley—No. 2 304.? 31c. Track prices, 28%c rate; Wheat—No. 2 red, 49® 40%c; No. 1 red. 50®50%c. Corn—No. 2 yellow 24®26c; No. 3 yellow, 23®24c; No. 4 yellow. 22®22%c: No. 5 yellow. 20%® 21 %c. Oats—No. 2 white. 17® 18c; No. 3 white. 16%®,17%c. Seed close: Clover —Cash. $5.40A, Alsike—Cash, $5.80A. INDIANAPOLIS WAGON WHEAT City grain elevators are paving 41c for No. 2 soft wheat. Other grades on their merits. Indianapolis Cash Grain —Feb. 6 The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. 0. b.. shipping point, basis 41 %c New York rate, were: Wheat —Strong: No. 1 red. 42®43c; No. 2 red. 41® 42c; No. 2 hard. 41® 42c. Corn—Firm: No. 3 white. 15%® 16%c; No 4 white. 14%® 15!e; No. 3 yellow. 15%'g'16%c: No. 4 yellow. 14%®15%c; No. 3 mixed, 14%®15%c; No. 4 mixed. 13%® 14 %c. Oats—Firm: No. 2 white. 13®13%c; No. 3 white. 12%® 13c. Hav—Steady: (F. o. b. country points taking 23%c. or less rates to Cincinnati or Louisville.) No. 1 timothy. $5.50®6; No 2 timothy. ss® 5.50. —lnspections WHEAT—No 2 red. 4 cars: No. 1 hard. 1 car: No. 2 mixed. 1 car. Total. 6 cars. Corn—No. 3 white. 10 cars; No. 4 white. 12 cars: No. 5 white. 1 car; No. 2 vellow. 3 cars: No. 3 yellow. 16 cars: No. 4 yellow. 30 cars; No. 5 vellow. 17 cars; No. 4 mixed. 1 car. Total. 70 cars. Oats—No. 2 white. 10 cars; No. 3 white, 23 cars; No. 4 white. 1 car; No. 2 mixed. 1 car. Total. 35 cars. NEW YORK COFFEE —Feb. 6 RIO High. Low. Close. March 5.78 5.73 5.73 May 5.50 5.46 5.46 j u iv 5.20 5.16 5.16 September 4.99 4.95 4.95 December 4.88 4.85 4.85 SANTOS March 8.25 8.20 8.22 Mav 7.78 7.74 7.74 Julv 7.48 7.42 7.43 September 7.19 715 7.17 December 7.03 7.00 7.02
Jigsaw-Crossword Puzzle —No. 26
SB issl JSlmhwSb ___EsE3B
HORIZONTAL I—To affect with pain. 4—Number of persons. 7 Seldom. 8— Gentleman. 9 Yard (abbr.). 10— Stuff. 12—Indefinite article. 14— One-half an em. 16—Covered with sleet. 18—The beak of a bird. 20— Denoting three. 21— Female parent. 23—To chew and swallow. 25 Paid (abbr. i. 26 Refuse matter thrown off from molten ore. 29—Fine lava thrown out by a volcano. 32 African antelope 33 Imitation of a rose made of gathered or pleated material. 36—Altitude /abbr.?. 38— Township tabbr.i. 39 The female of the horse kind. 40— Mildly acid fruit used in making Jelly. 43—Request. 45 A small amount. 46 Producing an intended effect. VEBTICLE 1— Large monkey. 2 Badly. 3 Weil known Holland city. 4 Small elementary books. 6—Conjunction. 5 Used to season food. 11— Recording Secretary (abbr.). 12— Preposition. 13— Inferior divinities of nature. 15— Require.,
•- THIS CURIOUS WORLD -
'The IRON, —WITH THE EXCEPTION OF THAT MADE BY MAN, IS RARER ON THE EARTH'S SURFACE. a THAN GOLD OR D/AMONDS. |§L HAVE A CHOICE ’ r "‘ OF 2000 HONEY- - PRODUCING PLANTS. • 1933 BY NEA SERVICL INC. L 1-7,
The American Indian did not have to be a good marksman with the bow and arrow. He was an expert at stalking, and usually got within easy range of his game before shooting. Arrows were hard to make, and he did not needlessly waste shots at long distances. In defense of the Indian's skill, however, the fact must be considered that his weapons were fair inferior to those used by modern archers. Next: Are dog-teams made up entirely of males? BUSINESS NEWS SUMMARY Republic Steel Corporation operations in Youngstown district, it is said, will advance to 21 per cent of capacity, the highest rate since July 1. 1932. Steel operations during past week maintained at 19 per cent of capacity, according to Magazine Steel. California crude oil output during week ended Feb. 4 averaged 452,950 barrels daily, decrease of 8.850 from previous week. Cash income of the American farmer from ail farm produce sold during 1932 amounted to approximately $ 1,000,00(1,000, a decline of about 27 per cent from the 1831 total, according to the State Research and Management Corporation. Total assets of $10,122,643.73 are shown on the first annual report of Dividend Shares, Inc., incorporated last July under the sponsorship of Calvin Bullock. Since the rise of business from the extreme low point registered last summer, the trend has been steady, the United Business Service of Boston points out; for twenty weeks t.he gains and various components of trade and industry have about balanced out, and volumes have fluctuated in the narrow? range of between 45 and 47 per cent below normal. The investor's dollar todav buvs 140.3 per cent more assets. 152.5 per cent mote surplus and 21.4 per rent more earnings than in 1926, according to an analysis of 35 high grade common storks made by Administrative and Research Corporation, a comparison of the above figures with the investment purchasing power of the dollar in 1929 shows that at year-end prices a dollar would purchase 48.5 per cent in assets, 55.4 in surplus and 55.8 in earnings as compared with 1926. Bradstreet daily index of 30 basic commodities of Saturday (1930-32 average i. Saturday, 68.00; Friday. 67.91; week ago 69.04; month ago. 70.14: year ago, 79.72' 1933 high, Jan. 10, 71.30; 1933 low. Jan. 20, 67.86. In the Cotton Markets CHICAGO —Feb. 6 High. Low. Close. March 6.03 5.83 6.03 Mav 6.17 5.95 6.17 Julv 6.28 6.07 6.28 October 6 48 6.27 6.48 December 6.57 6.37 6.55 NEW YORK January 6.55 6.35 6.55 March 5.94 5.72 5.90 Mav 6.08 5.85 6.04 Julv 6.21 5.93 6.16 October 6.38 6.18 6.35 December 6.52 6.30 6.46 NEW ORLEANS March 5.91 5.64 5.89 May 6.04 5.83 6.02 July 6.18 5.94 6.14 October 6.36 6.13 6.34 December 6.48 6.32 6.48
17—East Indies (abbr.). 19—Obstruct. 22—Revokes, as a legacy. 24—Dress. 27 A rough branch broken off. 28— Archipelago S W. Philipine islands. 29 Branch of learning. 30— Bread soaked with water or milk. 31— Pointed piece of wood driven into the ground at a mark or support. 34 Initials of a popular president. 35 Early English <abbr.(. 37—Forbidden by social usage. 41— Bv way of 42 Atlantic /abbr.). 44—Nine plus one. Here's another of the absorbing United States jigsaw crossword pu22les, without doubt the greatest of its kind ever presented to newspaper readers. Enter and compete for the cash prizes that total $125. The objects of the contest in addition to testing your skill and providing fun and entertainment without parallel, are: 1. To solve correctly each of thirty individual puzzles like the above, one puzzle being published daily, to end Feb. 11. 2. To cut puzzles neatly along
DOW-JONES SUMMARY
Dailv average production of crude oil in United States in week ended Feb. 4. totaled 2.031.140 barrels, an increase of 17,041. Bute Copper and Zinc in 1932 reported net loss amounting to $11,683 after expenses and taxes, but before depletion, against net loss of $29,782 in 1931. R G. Dunn fz Cos. reports commercial failures in United States in past week amounting to 660 ngainst 702 in previous week, and 780 in 1931 week. Lima Loco works and subsidiaries in 1932 showed consolidated net loss at $90,500 after charges, against net loss of $1,414,128. General Motors declared the regular quarterly dividend of 25 rents on common stock; in 1932 earned nine rents a share on S5 stock, against $2.01 a common share after preferred dividends in 1931. Tampa Electric Company in 1932 earned $2 18 a common share, against $2.59 in 1931. A decline in the cost of living of almost 10 per cent as against the same month in 1931 is revealed by figures for December. 1932, according to Syndicate of Mennapolis. Despite all difficulties that have arisen in the oil industry it is in much better shape than it was in July, 1931. it is pointed out in a survey by T. S. Hose. The drastic cut is crude, averaging 25 cents a barrel, effective as of Jan. 18. says 'the review, is costing the oil farmer or royalty owner $47,800 daily, and the oil operator. $334,709 daily in the areas affected, in Which about 1,530,-. 000 barrels a day of crude oil is being produced, or a total of $382,500. Bradstreet daily weighted index of 30 basic commodities of Monday (1930-32 average 1001; Monday, 68.53; Saturday. 68 00: week ago. 68.54: month ago, 70.92; year ago. 80.2/; 1933 high. Jan. 10. 71.30; 1933 low. Jan. 20, 61.81. Investment Trust Shares | (By Abbott, Hoppin & Cos.) —Feb. 6 Bid. Ask. American Bank Stocks Corp... 1.33 1.43 American Founders Corp 75 1.00 American and Central Sec (A) 4.00 5.00 Basic Industry Shares 1.93 1.98 British Type Inv Tr Sh 37 .43 Collateral Trustee Shares (Al 300 3.50 Corporate Trust Shares (oldi . 1.58 1.63 Corporate Trust Shares mew) 150 1.54 Cumulative Trust Shares 2.58 2.68 j Diversified Trust Shares (Ai.. 6.12 6.62 Diversified Trust Shares (B).. 4.87 5.12 i Diversified Trust Shares (Cl.. 2.03 2.06 Diversified Trust Shares iDi.. 300 3.25 First Insurance Stock Corp... 1.93 208 First Common Stock Corp.... 1.25 1.50 Fixed Trust Oil Shares (A) 5.48 .... Fixed Trust Oil Shares (B) . ... 4 38 Fundamental Trust Shares (Ai 2.62 2.87 Fundamental Trust Shares (Bi 2.37 2,62 Leaders of Industry (A) 2.37 .... Low-Priced Shares 2.74 .... Mass. Invest Trust Shares..., 13.37 14.87 Nation Wide Securities 2.42 2.52 North Am Trust Shares (19531 1.28 No Am Trust Shares (‘55-’s6i 1.61 1.65 Petroleum Trust Shares <A) .. 5.00 10.00 Selected American Shares 1.60 1.80 Selected Cumulative Shares... 4.62 5.00 Selected Income Shares 237 2.75 Std Amer Trust Shares 2 44 2.54 Super Amer Trust Shares (A) 2.41 251 I Trust Shares of America 2.03 2.14 1 Trustee Std Oil (A) 2.37 | Trustee Std Oil iB) 2.50 .... | U S Electric Light, and Pr (Ai 13.87 14.37 Universal Trust Shares 1.95 2.00
the outside of the heavy black border and fit them neatly together to form an outline map of the United States. 3. To forward them at the close of the contest, and, as explained in the complete set of rules obt: ' able upon application, to the judges, who will award a total of thirty-one cash prizes. Entries will be judged according to accuracy, legibility, and neatness of presentation. In cases of ties, duplicate prizes will be awarded. 4. The Times will appoint judges, whose decisions will be final in all matters. 5. You do not need to be a subscriber to enter. Puzzles may be copied, duplicated, or traced free of charge from files in this office or at public libraries. For further details, call In person or write The Jigsaw Crossword Puzzle Editor, care The Indianapolis Times.
PAGE 11
SPEAKER TRYING TO KILL $1.50 LAW, IS CHARGE Connersville School Bill Is Passed Amid Attacks on Crawford. Charges that a movement. Is under way to invalidate the Si.ftO minimum tax law and criticism of Speaker Earl Crawford featured passage Monday in the house of representatives of the Riedman-Jes-sup bill which would permit the city of Connersville to issue 5100.000 in school bonds. The measure has been the source of heated debate since its second reading last week when Crawford left the Speaker's rostrum to support the bill on the floor merely as "the representative from Union and Wayne counties.’” Urging that the house members heed him only in the latter identity and not as Speaker, Crawford asserted he favored the bill because it “was vital to operation of the Connersville schools.” The bill provides for a levy to retire or pay interest on the bond issue without interference from the county tax adjustment board. “Surprised" at Crawford Monday, the veteran Representative John M. Cantley (Dem . Logansport>. joined Representative 11. H. Evans (Rep., Newcastle % in charging that such class legislation—that enacted for the benefit of one city alone—is a direct violation of the $1.50 tax limit law which Cantley said ha.s saved Indiana taxpayers millions of dollars. “I’m surprised at Speaker Crawford leaving his rostrum and supporting such a measure.” declared Cantley. "He ought to know what the $1.50 law has done for the taxpayers and he certainly ought to know that his Connersville bill invalidates it.” Cantley referred to Representative Wilfred Jessup (Dem., Centerville), co-author, as "that amiable but hair - splitting gentleman from Wayne.” Warns of Strike Evans asserted the people of Connersville do not want the law and warned the house passage of the bill means piling additional burdens on the taxpayer. “If we keep on passing class legislation like this, you're gomg to see a taxpayers' strike,” Evans asserted. He joined Cantley in affirming that the bill is a violation of the $1.50 limit law which he agreed “has done much to reduce taxes.” As the bill was passed, 5f to 29, many representatives explained their reasons for voting for or against. One member said he's vote "aye” as he understood another bill would be introduced to take care of a similar condition in his county seat. Another then said he wished to j change his vote from “aye” to “no” I “if this is the way the house is goi ing to do business.”
Bright Spots
Bv United Press General Motqrs. Corporation declares regular quarterly dividend of 25 cents on common stock; seen vote of confidence in business situation. Chevrolet Motor Company reports January sales of 64.594 cars and trucks, largest monthly output since July, 1931. Atchison, Topeka & Santa Fe system reports freight loadings during last week were 19,147 cars, against 19,015 cars in preceding week. Abbot laboratories reports January sales were 12 per cent above like 1932 month. Detroit board of commerce industrial activity index rises to 107 for January, against 101 in December, 1932. . Produce Markets Delivered in Indianapolis prices; Hens, heavy breeds over 4‘ 2 lbs.. 10c, Leghorns, 6c. Colored Springers, lia lbs. up. 8c; Leghorn and black. l'/ 2 lbs. up, 6c; stags. 6c; Legnorn stags. sc; cocks, sc; Leghorn cocks 4c. Canons. 9 lbs. and up. 15c: 8 to 9 lbs.. 13c: 7 to 8 lbs., lie: 6 to 7 lbs.. 10c; under 6 lbs.. Redheads and Slips. 9c. Ducks, large white full feathered and fat. over 4 lbs., 6c: small and colored. sc. Geese, full feathered and fat. 6c. Young guineas. 20c: old guineas. 15c. Eggs No. 1 fresh country run eggs. 9c. Pullet eggs. 6c. Each full egg case must weigh 55 lbs gross. A deduction of 10c per lb. for each lb. under 55 lbs. gross will be made. Butter fat, 14c. A deduction of 10c per lb. will be made for each lb. under 55 lbs. gross. These prices for healthy stock free from feed. No .sick poultry accepted. Quoted bv the Wadlev Company. BY UNITED PRESS CHICAGO. Feb. 7. Eggs Market firmer; receipts. 7.829 cases; extra first- 146 14'sc: firsts. 13*2 47.14 c. current receipts. 13c; dirities. 11c. Butter —Marker, firmer, receipts. 8,565 tubs; specials. 18’.4zl8 3 ,c; extras. extra firsts. 17 1 -,4/17 1 2C; fir's. 15’:4/17c: seconds. standards. 18c. Poultry—Market, firmer; Teceipt.:, 13 trucks: fowls. 12 , 24/13c: springers. 13'-/ 15c; Leghorns. 84/19c ducks. 94/11c. geese, 9c; turkeys. 104/14c; roosters, 9c, broilers 14 6 15c: stags. 11c. Cheese Twins 94/9*201 Longhorns. 9 3 44/ 10c Potatoes—On track. 103: arrivals. 16; shipments. 378. market practical!'/ no trading on account weather; buvers holding off. too few saies to quote; prices nominally unchanged.
CHICAGO STOCKS
(By Abbott. Hoppin & Cos.) —Feb. 6 High. Low Close. Asbestos Mfg 3 3 3 3 4 3’ Asso Telephone Util.... . .. I 1 * Bendix Aviation . 9 8' 3 9 Borg Warner 8 7\ 7 : Butler Bros 1 J 4 Cent <fc So West ... r Chicago Corp com .... I 3 * I' 4 l' Chicago Corp pfd 16 1 * 16‘e 16U Cities Service 2 r * 2' 4 2 3 Commonwealth Edison.. 70 69’ 4 70 Cord Corp 6’ 4 6 ; • Electric Household ... 4’ 4 Great Lakes Aircraft ... Grigsby Grunow ... 1 I U 6s 1940 I> 4 •* Marshall Field 4'- 2 4 1 * 4 : j Middle West Utilities .... ... >a Public Service N P 38 Quaker Oats .. 79' i Swift & Cos 8 7 v a 7 J 2 Swift International ... 14'a 14 5 a 14 5 U S Kvpsum com 20" j Utility & Ind 1 Walgreen Cos com 13' 4 12’ 4 13 CHICAGO FRUIT MARKET By United Press CHICAGO. Feb. 7—Apples Michigan Jonathans and Spies and Mclntosh, bushel, Sl.lsf>l2S; greenings. 854i.90c Today the Investors’ Opportunity There are many logical and profitable changes to be made in every investment account. Send your list for analysis. T. P. Burke & Cos. Incorporated SUITE T2Z CIRCLE TOWE* PHONE Klley 8538 ★ Safety for Savings Fletcher amer;can NATIONAL BANK Southeast Corner of Market end Pennsylvania
