Indianapolis Times, Volume 44, Number 255, Indianapolis, Marion County, 4 March 1933 — Page 9

MARCH 4,1033

STOCKS SURGE FORWARD FOR STRONG GAINS Shorts Cover on Rumor of Restrictions on Short Selling.

Average Stock Prices

Aversg of thirty industrial* for Thursday. high 5.10!. low 50 25. last 52.54. unchanged Average of twenty rails 24 18 23 03. 23 04 off *3 Average of twenty Utilities 21 75, 20 59. 2130. off 53. Average of forty bond* 74.02. off .70. BV ELMER C. WALZER I nitrd Financial fditor NEW YORK. March 4 Stock jßiid commodity markets surged upward Friday in pre-inauguration rally induced by period of frantic short covering. The stock market floundered about for a time after a steady opening. In the late morning, shorts took fright and their covering brought prices up 1 to 6 points from early lows to net gains ranging above 4 points. On that rebound tickers strained to keep pace, and at one time were 4 minutes late. Meanwhile wheat scored gains of more than 2 cents a bushel ana other commodities made corresponding advances. Bonds alone were exceptions to the trend. United States government Issues eased to new lows for the year on high money rates and bank selling, but they rallied before the close. Grains Held at ( lose The feverish activity on the stock market lasted only a short time, but prices held most of the gains to the close. Sales in the period from 10:30 to 12 o'clock totaled 700,000 shares. Gains at the close ranged upward to 4 points Rom the previous close in stocks. Wheat closed up l’l to 2 cents; corn up 1 U to 1% cents, and rye up 17 to IS cents. Substantial .gains were made by hogs, wool, cof- ’ fee, sugar, cotton, sugar and cotton seed oil. Spot sliver rose to equal its high for the year. On the bulge in the share market, American Telephone jumped from a low of 95 1 to 101 Vi, the latter up 3 * net; Allied Chemical from 73 '4 to 79'-, up 5; American Tobacco B .S3 to 57, up 3 1 i; Atchison from33l6 1 io 39\, up 2 7 x; Union Pacific 66'k to 71 1 2, up 4; United States Steel 24 'a to 28, up 3'k; Case 327 to 377, up 37, and United Aircraft 17% to 20, up 27. Shorts Rush to Cover Shorts w'ere frightened by expectation of a restriction on short selling. That had been rumored in ‘the Street for several days. It.was discovered late today that the exchange does not plan to make any change whatsoever in short selling arrangements which now operate to make a free and open market. It was anticipated that PresidentElect Roosevelt would make a favorable statement in his inaugural address Saturday and that also was a factor in the sudden upturn. Shorts sought to buy stock and found offerings light. Hence, they were required to bid up the market. Meanwhile, the banking situation throughout the United States continued to command attention of the financial district. Heavy withdrawals by interior banks from New York were noted in the weekly federal reserve report. Call Money at 4 Per Cent v These withdrawals brought further firmness into the money market and call funds jumped to 4 per cent after renewing at 37 per cent. Today was the fitst time call money has been at 4 per cent since Dec. 29, 1930. All other money rates followed call money higher. The local rediscount rate was boosted to 37 from 27 per cent last night. Clearing huse banks today raised interest rates in an effort to bid against further withdrawals of funds from New York. The weekly reserve report registered the inroads of the banking moratoria. Money in circulation jumped $732,000,000; gold holdings 000,0' > was a loss in monetary gold st' 1 credit to the amount of T 000,000 was dumped into the Kct. by the reserve.

Bank Clearings

INDIANAPOLIS STATEMENT March 3 Clearings $1,164,000 00 Debit* 5,044,000.00 TREASURY STATEMENT March 3 Net halance for March 1... .*204,061 951 86 Expenditures . . 6,862.897.77 Customs reds., mo. to date 562.054.53

Foreign Exchange

(Bv Abbott. Hoppin & Cos.) —March 3 Open. Close. Sterling Engiand $3 45 1 -16 *3 45', Franc. France 0395 .0394’, Lira. Italy 0512 .05127 Franc. Belgium 1408 .14087 Mark. Germany 2387 .2384 Guilder. Holland 4048 .4052 Peseta. Spain 0837 .0837 Krone, Norway 1767 .1775 Krone. Denmark 1539 .1545 Yen. Japan 2131 .2131

CHICAGO STOCKS

(Bv Abbott. Hoppin & Co.l r —March 3 High. Low. Close. Asbesto* Mfg 3 \ 2 7 3‘a Rendix Aviation 8 6’, 77 Bcrg-Warner 77 67 67 Butler Bros 17 Clii & North Western.. 4 3 s * 4 Chicago Corn com l' 1 17 Chicago Coro pfd 147 14 14 Cities Service 27 2 27 Commonwealth Edison 67 68 7 67 Cord Coro 57 4 7 5 Great Lakes Aircraft.. .. 7 Gricsbv-Grunow ... 7 I U 6 s 1940 I s , 1 is, Hbbv-MeNejl 17 Lvnch Corp 8 7 Marshall Field 57 57 57 Middle West tUilities 7 Noblltt-Snarks Ind Inc . 10 Ouaker Oats 6 637- 65 Swift * Cos ... 7% 77 77 *,wift Internacional.. 14 137 14 C S Ovnsum com 20 U S Radio A* Tel 7 Utility A- Ind s . Utility A- Ind pfd 27 Van Sicklen 1 Vortex Cun Cos . 57 Valgreen Cos com .. .127 12 127 NEW YORK COFFEE RANGE March 3 RIO High. Low Close larch 567 563 567 ’ay 567 551 5.67 L Y 5.45 ‘emUrr 5.34 mber 523 510 5.23 SANTOS \ 830 816 830 ft \ 810 800 8.10 i \ 781 766 781 r 7 56 7.38 7 56 RAW SUGAR PRICES * --March J High. Low Clos* January 1 04 S9 101 March 91 .87 .90 Mav 94 .88 .93 Julv 96 00 .9* September 99 .94 9S December 1.03 .90 1.02

New York Stocks —— “““^““ (By Thomson A McKinnon) —————

March 3 High. Low. Close. close. Railroad*— Prev. Atchison ....... 397 367 387 367 At! Coast Laic 20 177 197 187 Bait <V Ohio .. . 105 8 S'a 9’* Chess <fc 0hi0... 277 25% 26 s . 267 Coro 17*. 167 17 167 Can Pac 9 7 B‘a 97 8 V Chi Ort West I*. I*. Chi N West.. 3% 37 37 37 CKI&P 4 37 4 Dei L A- W.... 20 7 I*7 197 187 l;el & Hudson.. 44 407 43 41 Erie Ist pfd... 57 5! 57 5 Great Northern 8 77 8 17 Illinois Central 12 10S 117 107 Kan Cltv So .... 77 7 77 7 LOU At Nash .. n 257 267 24 s , M K KAt T 6 s . 67 67 67 I Mo Pacific 27 2 s , Mo Pacific Did.. 47 4 4 4 N Y Central.... 167 147 157 157 Nickel Plate 27 N Y N H At H 137 117 127 12 Nor Pacific .. . 13 117 127 117 Norfolk k West 1147 112 114 1127 O At W 97 9 9 87 | Peru Maro .... .. ... 37 Pennsylvania 16 147 157 147 Reading ... 24 24 Seaboard Air L 7 ... So Pacific . ... 147 127 137 127 Southern Ry ... 57 47 5 47 St Paul 17 17 17 St Paul pfd 2 17 2 17 St L & S F. 7 7 Union Pacific... 717 667 697 617 Wabash 17 W Maryland ... 57 47 5 4 s , Equipment*— Am Car A: Fdy. ... ... 67 67 Am Locomotive. . . ... 6 Am Steel Fd 57 47 57 47 Am Air Brake 8 127 117 12 117 Gen Ry Signal. 17 16 167 15 s , Lima Loco 12 11 12 117 N Y Air Brake. .. ... ... 77 Press St 1 Car. 1 7 1 Pullman 197 197 197 197 Westingh Ar B. 147 137 147 137 Westingh Elec.. 22 7 207 227 207 Rubbers— Firestone ... ... ... 10 Goodrich 37 37 3 '/a 3 Goodyear 137 10 12 107 Kelly Sprkfid ... 1 7 Lee Rubber ... ... 37 U S Rubber .... 37 27 37 27 Motors— Auburn 38 7 33 7 357 34 Chrysler 87 77 87 87 General Motors. 317 107 107 107 Oraham-Paige... 17 17 17 17 Hudson .. 37 37 Hupp 17 17 17 17 Mack 15 14 Marmon 7 7 7 7 Nash 1.37 127 127 13 Packard 2 17 2 2 Reo l’i 17 Studebaker .... .37 27 27 27 Yellow Truck .. 27 27 27 27 Motor Across— Bcndix Aviation 8 67 7 s , 7 Bor* Warner ... 77 67 67 67 Briggs 27 27 27 27 Eaton 3 7 37 37 37 El Auto Lite ... 13 117 127 127 El Storage B . . 23 22 23 237 Haves Body ... 7 7 7 Honda .... 17 1 Motor Wheel 17 17 Murray Body 17 17 Sparks W 1 7 l Stewart Warner ... 2 s , 27 Timkin Roll ... 157 147 147 157 Minin* — Am Metals 37 37 Am Smelt 137 11 12 11 Am Zinc ... 27 ... Anaconda Cop .. 6Vi 57 57 57 Alaska Jun .... 12 117 117 117 Cal Ac Hecla 2 Cerro de Pasco... 77 7 77 7 Dome Mines 127 127 127 127 Freeport Texas.. 19 177 187 167 Granby Corp 37 3% Great Nor Ore 57 57 Howe Sound 77 7 Int Nickel 77 67 77 67 Inspiration 2 7 2 Isl Crk Coal 117 Kennecott Cop... a- 1 * 77 77 77 Magma Cop ... ... , 5% Miami Copper.., 17 17 17 17 Nev Cons 4’i 47 47 4 Noranda 197 187 187 19 Texas Gul Sul... 17-7 16 17 167 U S Smelt 20 7 18 187 177 Oils— Amerada 22 187 217 187 Atl Refining 14 7 137 147 137 Barnsdall 3 7 3 37 37 Houston ... 2 17 Slid Oil 17 167 16 s , 157 Mid Conti 4 3% 37 37 Ohio Oil 57 5 5 7 5'. i Pan-Amer ißi ... ... 117 Phillips 57 5 5 7 5 Pure Oil 37 27 27 27 Richfield 7 ... Royal Dutch.... 187 177 18 7 17-7 Shell Un 47 47 47 47 Simms Pt ... 5 5 Cons Oil 5 7 5 57 57 Skellv 37 3 37 ... Standard of Cal 207 197 197 207 Standard of N J 247 227 24 23 Soc Vac. 67 67 6 7 67 Texas Cos 117 11 117 11 s , Union Oil 9 87 9 87 Steels— Am Roll Mills.. 77 6 7 67 Bethlehem 127 117 12 117 Bvers A M 107 97 97 9 Colo Fuel, 4 3 4 47 Cruc Steel 9 9 Inland 12 12 Ludlum 4 4 McKeesport Tin. 497 407 487 47% Midland 3 7 ... Newton ... 3 27 Renub 1 ft 5... 5 47 47 47 U S Steel 28 24 7 26 7 24’, aVnadium 87 67 87 77 Youngst S Ac W .. ... 47 4% Youngst S&T 9 87 87 8 Tobaccos— Am Sumatra.... 67 6 67 6 Am Toll iAi new 53 50 527 50 Am Tob ißi new 57 53 557 537 Lift Ac Mvers B 547 517 537 52 Lorillarrt 12 117 11 s , 117 Reynolds Tob.. 29 7 28 7 28 7 28 7 Utilities— Adams Exp 4 37 37 37 Am For Pwr 57 4 s , 5 4 7 Am Pwr 7 L..i. 57 47 47 47 A T Ac T 1017 95 7 997 977 Col Gas Ac E 1... 12 107 117 107 Com & Sou .... 2 17 17 17 Cons Gas 487 437 467 447 El Pwr Ac Li 57 47 4% 47 Gen Gas A 67 57 6 57 Int T Ac T .. .. 67 57 6 57 Lou Gas Ac El 157 ... Natl Pwr Ac Li.. 97 87 97 87 No Amer Cos 21 19V, 20V, 197 Pac Gas Ac EL. 24 227 24 237 Pub Ser N J... 417 38 407 387 So Cal Edison.. 217 197 21 207 Std G Ac E 1.... 97 87 9 87 Un Gas Imp 17 7 16 177 16V, Ut Pwr Ac L A 3 27 27 27 West Union ... 207 18 7 20 19 Shipping— Am Inti Corp ... 57 47 57 47 N Y Ship 4 37 4 37 Inti Mer M. pfd. .. ... ... 17 United Fruit ... 28 25 267 25 Foods— Am Sug 267 25 26 Armour A 17 17 17 17 Beechnut Pkg ... ... 47 Cal Pkg 9 87 87 7 s < Can Dry 87 77 87 77 Child's Cos 2 27 Coca Cola 867 837 85 84 Cont Baking A 3 Corn Prod 51 47 7 49 7 47 7 Crm Wheat . 25 237 247 Cuban Am Sugar .. ... 17 2 Gen Foods 247 23 247 247 Grand Union 37 3 s ,

HORIZONTAL Answer to Previous Puzzle 11 Meadow 2 President of r - Tr -— t — 13 Coin tile United XI -X|Q (SPATu aperture. States. YEjTO] QjP)A)L[S| |L AlSjEl 17 Eats. 11 Denoted. QV FDJ IT] I LjL [s] 1C UlPlSl 19 Profited. 12 Offers to jNjE,EJ_~ _ ]£ I 2 i Type of Celtic verify. £ S E C|T| cross. 14 Slackening bar lpj£ .SjPiOiTBMpJRR E. STISI Tt Vanir deity of in a loom. IRjO:A I Q prosperity 15 Flower leaf. AjGjR|ArnF]EIM|S!PIARIsH 24 Rnstlp I6TO make TRIEIYfIF L ANHETInfIoINI U. S* suitable. TjA.Bl’ JAGOL _jEILI territory IS Since. AiVIAIL SPANISI |P'A L I occupies the -0 Fern plant ReITJE AS I StE ACER northwestern soed ’ SILiEIPI GjETNEH CEDE P ar t of N. 22 Covers. America’ 23 Legal prices of Fishing bag. power in Irish eg Pertaining to grain fixed by 42 To long for. Free State. scenery. Soots law. 44 Shafts to raise 2 Gathers a 31 Emitted vapor. 25 Collection of the feet above harvest. 32 Oily keystones, racing horses. ground when 3 H kiln 34 The mark 26 Half an em. walking. r T s or _j_. 2. Fine arts ? ) le?ra^ 1 e ? ra^f s ' 5 Narrow 35 Irritates. craftsmen.* blotches. • 39 Malicious 29 Chaos. Finds of , asi e burning of MTo refract. metallic rock. liquids. dwellings. 33 Pertaining to 51 Rustic English 1 First woman. 40 Pertaining to conventional dialect. S Rents. osmium, statuary. 53 Bristlelike 9 Drain devices. 42 Valiant man. 36 Erring. organ. 10 What is the 43 Finishes. 37 Stringed 54 Thick shrub. “Twentieth 45 Short nail, instrument. 55 Hasty repast. Amendment" 46 To surfeit. 3S Goddess of 56 To harden. to the U. S. 47 Period. dawn. VERTICAL Constitution 49 To devour. 39 Stir. 1 Leader in called? 52 Sun god. ipl* 15 J IG 17 18 19 I fIS" i, i3 I _ 1 ~ 17 19 21 P 23 24 1 and ~L 38 NNNN39 40 SSS 4| ~ r"" Jmmmm oNk L_ 42 43 45 4foT| 4? 49” 50 1*“ 5i 52 r-tes 53 | 55 5b I■> l - l

Hershev 457 45 457 Jewel Tea 24 7 Kroger 157 1 15’, 157 Nat Biscuit 3633 5 , 35 337 Natl Dairy 117 11 117 117 Purity Bak 67 *7 67 67 Pillsbury 10 97 97 9'2 Safeway St 31 28 30', 317 Std Brand, 15 14 15 14 Drugs— Coty Inc 37 37 37 37 Drug Inc 337 317 327 317 Lambert Cos .24 22’, 237 23 Lehn Ac r.nk 147 147 Industrials— Am Radiator.... 57 47 5 47 Certainteed 1 Gen Asphalt ... 5 47 5 4-', Otla Elev 117 11 117 11 Indus Chems — Am Red 53 487 517 477 Allied Chem ... 797 737 777 747 Com Solv 10’, 97 107 97 Dupont 36 33 7 35 7 33 s , Union Carb ... 23 217 227 217 U 8 Ind Alco .. 177 147 157 147 Retail Stores— Assoc Dry Gds 37 37 Olmbel 8r05.... 17 1 17 7 Kresge BS. .. .11 67 s s , 67 57 Mav D Store 10', 10 10 10 Mont Ward 11 97 10 s , 97 Penny J C 22 19 7 207 197 Schulte Ret St.. 7 7 7 ... Sears Roe 157 137 14 s , 137 Woolworth .... 287 277 287 ... Amusements— Bruns Balke I s , ... Croslev Radio 27 Eastman Kdo 54 7 52 7 53 7 53 7 Fox Film 1A1.... 17 17 17 17 Orlgsbv Grunow 7 *, 7 Loews Inc 12’7 117 127 12 Param Fam 7 s , % „ Radio Corp 4 3 7 37 37 R K O 17 17 Warner Bros .... IV, 1 17 17 Miscellaneous— City Ice Ac Fu.. 8 77 77 77 Congoleum '..8 7 s , 8 77 Proc Ac Gam.... 217 207 21 21 Allis Chal 67 67 67 . Amer Can 55% 517 547 527 J I Case 37 7 329, 367 33’, Cont Can 39 7 37 7 387 38 Curtiss Wr 17 I s -, 17 Gillette S R 157 147 14’, 147 Oold Dust 14 13'/, 137 127 Int Harv 177 147 16’, 147 Int Bus M 84 82 7 837 777 Real Silk 57 . Un Aircraft 20 177 19 i77 Trans America .. 37 3 37 37 Owens Glass ... 35 317 34 32 New York Curb (By Thomson Ac McKinnon) March 3 Close I Close Alum Cos of Am 42 i Humble Oil . 40 Arn Cynamid .. 37:Imp Oil of Can. 67 Am Gas Ac Elec 217 Int Pete 97 Am Lt Ac Trac.. 13 -Mead Johnson. 40 Am Super Pwr.. 37iMidwest Util 7 Ark Gas (A 1 ... 1 ;Mt Prod .. 27 Asso Gas Ac Elec 17 Nat Inves . ’l7 Braz Pwr Ac Li. 67!Nat Aviation '... 57 Can Marconi .. ’, Newmont Min.. 127 Cent Sts Elec.. 17 Nat Bnd Ac Sh.. 22 Cities Service.. 27 Nia Hud Pwr... 9% Com Edison ... 69 Pen road 17 g ord ••• g St Regis Paper.’. 27 Deer Ac Cos 77 So Penn Oil .... 11 E Bnd Ac Share 127'Std of Ind 177 El Pwr Asso... 4 ;Std of Ohio. . .. 177 Gen Aviation .. 47;Trans Air Trs... 3 7 Ford of Can.... 57!united G (new* 17 E or 2 5, n * • 2>!Un L & IAI 3 Ford of France 3 7!Un Verde .. 17 Goldman Sachs 27lut Pwr 17 Great AAc P... 128 7ivan Camp"..'.'..' 7 Gulf Oil 24>/,IUn Fndrs 17 New York Bank Stocks By Abbott, Hoppin, Cos. —March 3 _ , Bid Ask Bankers 607 617 Brooklyn Trust 126 131 Central Hanover 118 121 Chase National 257 26 Chemical 347 35 </, Corn Exchange . 487 60 Continental 141,1 14a,; First National '.1260 1280 Guaranty 226 228 Irving 187 19 7 Manhatten A: Cos 24', 247 Manufacturers ’ 24 2 47 New York Trust 80 82 Publlc 31 7 22 1 2

Investment Trust Shares

(By Abbott. Honoin & Cos.) —March 3 Amer Bank Stocks Corn.. . L2O 1*45 Amer Founders Coro 75 112 Amer Jk General Sec A 3’37 4 fi 2 Basic Industry shares 1.79 104 British Tvne Inv Tr shares... .37 42 Collateral Trustee shares A... 300 325 Corporate Trust shares < old•. . 1.51 156 Corporate Trust shares inewi 1.43 147 Cumulative Trust shares ... 2.35 240 Diversified Trust shares A ... 6.00 700 Diversified Trust shares B. . 4'o 550 Diversified Trusut shares C. . 1 86 1 91 Diversified Trust shares D... 3.25 362 First Insurance Stock Corp.. 1.85 250 First, Common Stock Corp.. 120 140 Fixed Trust Oil shares 'A... 524 Fixed Trust Oil shares B 4 40 Fundamental Trust shares A. 2.50 2 75 Fundamental Trust shares 8.. 2.37 2 62 Leaders of Industry A 1 95 205 Lov/ Priced shares 2.37 247 Mass Inves Trust shares 12.62 13 12 Nation Wide Securities 2 18 2 26 North Am Trust shares (1953i 125 North Amer Tr shares (55-56) 1 53 1 57 Selected American shares.... ISO l'ao Selected Cumulative shares. . 4.37 475 Selected Income shares 2.25 2 62 Std Amer Trust shares 223 2 ' 2 8 Suner Amer Trust shares A. 2.58 268 Trust. Shares of America.... 2.02 212 Trustee Std Oil A 287 Trustee Std Oil B 2.62 U S Electric light, & Power A 12,25 13 (io Universal Trust shares 1.92 1.99

In the Cotton Markets

—March 3 CHICAGO High. Low. Close. •January ... 6 82 March ... 6.19 May 6.35 6.05 6.30 Julv 6.46 6.20 6.43 October 6.19 6.37 6.64 December 6.75 6.52 6.75 NEW YORK January 6.80 6.54 6.80 March .. 6.20 594 6.20 Mav 6.30 6 02 6.26 Julv 6.41 6.16 6.40 October 6.64 6.35 6.60 December 6.73 6.47 6.71 To free an automobile stuck in mud or on ice. an inventor has designed strips of iron which may be placed so that the tires can obtain the needed traction.

THE INDIANAPOLIS TIMES

PORKER PRICES RISE DIME IN FIRM TRADING Cattle Slow, Around Steady With Previous Range; Sheep Dull. Advances of 10 cents were recorded in all swine classes Friday morning as buyers sought offerings at th(’ city yards. The bulk, 160 to 275 pounds, sold for $3.70 to $3.80. with a top of $3.85. Weights of 275 pounds up brought $3.50 to $3.65; 120 .to 160 pounds, $3.30 to 53.60. Receipts were estimated at 5,000. Holdovers were 183. Slaughter class cattle were slow and around steady with Thursday’s range. Receipts were 300. Vealers were unchanged at $6.50 down. Calf receipts were 400. Today's sheep market again was slow iri developing, with the bulk of Thursday's late sales recorded at $5.35 to $5.60. Receipts were 900. With little action displayed, hogs at Chicago resumed the advance started three days ago. Few sales on 180 to 225 pounders moved around 15 cents higher than Thursday’s average, while top held at $3.90. Bulk prices on the latter held at $3.80 to $3.90. Several classes were strong and inactive. Receipts numbered 16,000. including 8,000 direct; holdovers, 2,000. Cattle receipts were estimated at 1000; calves. 400; market, unchanged. Sheep receipts i were 10,000; market steady. HOGS Feb. Bulk. Top. Receipts. 24. $3.60®) 3.70 $3.70 5,000 25. 3.45® 3.60 3.60 2,000 27. 3.45® 3.60 3.60 4,000 28 3.50® 3.65 3.65 4.000 March 1. 3.55® 3.70 3.75 4.000 2. 3.60® 3 70 3.75 3 500 3. 3.70® 3.80 3.85 5,000 Market, higher. (140-160i Good and choice ...$ 3.50® 3.60 —Light Weights—-(l6o-180! Good and choice... 3.80® 3.85 (180-200) Good and choice... 3.80® 3.85 —Medium Weights—-(2oo-220) Good and choice... 3 80® 3.85 (22C-250) Good and choice 3.75® 3.80 —Heavy Weights—-(2so-290) Good and choice... 3.65® 3.70 1200-350) Good and choice... 3.55® 3.65 —Packing Sows — (350 down) Good 3.00® 3.25 (350 upi Good 2.85® 3.10 (All weights) medium 2.65® 2.90 —Slaughter Pigs—-(loo-130) Good and choice.... 3.00® 3.30 CATTLE Receipts, 300; market, steady. —Steers—-(sso-1.100) Good and choice $ 5.25® 6.75 Common and medium 3.50® 5.25 (1.100-1,5001-Good and choice 4.50® 6.50 Medium 3.25$ 4.50 —Heifers—-(sso-750) Good and choice 4.25® 5.75 Common and medium 3.00® 4.25 (750-900) Good and choice 3.75® 5.25 Common and medium 2.50$ 3.75 —Cows— Good 2.75® 3.25 Common and medium 2.00® 2.75 Low cutter and cutters 1.25® 2.00 —Bulls (yearlings excluded) Good (beef) 2.50® 3.00 Cutter, common and medium.. 1.50® 2.50 VEALERS Receipts. 400: market, steady. Good and choice $ 6.00® 6.50 Medium 4.50® 6.00 Cull and common 2.50® 4.00 —Calves—-(2so-500) Good and choice 4.00® 5.50 Common and medium 2.75® 4.00 —Feeder and Stocker Cattle—-(soo-8001 Good and choice 4.25® 5.50 Common and medium 2.75® 4.25 (800-1,050) Good and choice 4.25® 5.50 Common and medium 2.75® 4.25 SHEEP AND LAMBS— Receipts, 900: market, steady. (90 lbs. down) Good & choice.* 5.25® 5.75 (90-110 lbs.) Good and choice. 5.00® 5.50 (90 lbs. down) Com. and med. 3.00® 5.25 —Ewes— Good and choice 2.00® 2.75 Common ancl medium I.oo® 2.00 Other Livestock BY UNITED PRESS CHICAGO. March 3.—Hogs—Receipts. 16,000; including 8,0')0 direct; active, fuliv 10® 15c higher than Thursday; packing sows. 5® 10c up; 170-240 lbs.. $3.75©3.90; top. $3.90; 250-290 lbs.. $3.60413.75; 300350 lbs.. $3.50© 3.60; 140-ISO lbs.. $3.60© 3.85; pigs. $3.25©>3.60; most packing sows. [email protected]; light lights, 140-160 lbs., good aand choice. $3.60® 3.85; light-weight, 160200 lbs., good and choice. $3.75©3.90; medium weights. 200-250 lbc.. good and choice. [email protected]: heavy weights. 250350 lbs., good and choice. 53.50®>3.70; packing sows. 275-500 lbs., medium and good. 52.85Ca3.35; slaughter pigs. 100-130 lbs., good and choice. 53.25© 3.60. Cattle—Receipts. 1,000; calves, 400; general market very slow, steady to weak: not much beef in run; most steers selling at $3.50®4.75: light heifer yearlings un to $5.25: largely cleanup market with practically all grades and classes on peddling basis; demand cor.tniuing broadest for light cattle; choice vealers. $6©6.50; mostly $6. Slaughter cattle and vealevs—Stirs. 550-900 lbs., good and choice. $5.50© 7.50: 900-1100 lbs . good and choice. $5.50®7.50; 1100-1300 lbs., good and choice, ss© 7.25; 1300-1500 lbs., good ar.d choice. $4.50® 6.50; 5501300 lbs., common and medium. $3.50® 5.2.5; heifers. 550-750 lbs., good and choice. *4.75 @8; common and medium. *3.25©''4.75; cows. good. $2 50®3: common and medium. $2.25© 2.50: low cutter and cutter, $1.50® 2.25; bulls, yearlings excluded, good beef, $2.50® 3.25; cutter, common and medium. $2.25®2.75: vealers. good and choice. $4.52 G 6.25; medium. 54W4.50: cull and common s3®4. Stocker and feeder cattle— Steers. 500-1050 lbs., good and choice. 54.50@6: common and medium. 52.75® 4.50. Sheen——Receipts. 10.000; fat lambs another 10©T5c lower: dull at decline; very little done, few good to choice natives scaling 75-88 lbs.. *s© 5.2.8: holding rest abovev .$5.50. Slaughter sheep and lambs —Lambs 90 lbs. down, good and choice. ss© 5.50: common and medium. 53.50© 5.25: 90-98 lbs., good and choice. 54.75® 5.40: 98-110 lbs., good and choice. $4.50®5.15: ewes. 90-150 Ibs.. good and choice. $1.75® 3: all weights commdn and medium. sl® 2 25. Feeding lambs—so-75 lbs., good and choice, unauoted. EAST BUFFALO. March 3—Hogs—On sale 1.700; active to ail interests, generally 10c lower than. Thursday’s average: some medium weights lower: desirable 170 to 240 lbs.. $4.25© 4.35: few 325 lbs.. $3.65; pigs and underweights. $3.50®3.85. Cattle—Receipts. 300: mostly reaction cows; slow and weak to 25c lower: cutter grades. 51.25©2. Calves—Receipts. 375; vealers steady, good to common. s7® 7.50; common and medium, $4!50®6. Sheep—Receipts. 1.500; holdover. 800 lambs verv active to steady; good to choice woolskins. $5.60® 5.95. mostly $5.75 <35.85: few outstanding handy weights. $6; similar kinds and shorn lambs. $5.15® 5.25; common and medium lambs. $4.75® 5.25. TOLEDO. March 3—Hogs—Receipts. 200: market. 10c higher: heavy Yorkers. 53.70© 3.80: mixed and bulk of sales. $3.25 ®3.80: Digs and lights. $3: medium and heavies. $3.15® 2.50: roughs. $2.25® 2.40. Cattie—Receipts, light: market, steady. Calves—Receipts, light: market, strong. Sheen and lambs—Receipts, light; market, steady. CLEVELAND March 3.—Hogs—Receipts. 1.200; hoidover none; mostly 10© 20c higher; bulk. 180-250 lbs., 54.10; load plainer Quality offered at $4: 260-300 lbs., largely $3.25: pigs. $3.25 upward. Cattle— Receipts, 75: steady: undesirable quality considered; low cutter to cutter steers. $2.25® 3: only scattered head meaty enough to bring *3.50® 4: low cutter to common cows around $1.25® 2.25. Calves—Receipts. 200; steady to weak; spot 50c under high time Thursday; good to choice vealers laigelv $7 downward: few, $7.50; cull to medium largely $4,504(6; trashy calves downward to $2.50. Sheep—Receipts. 400; lambs steady: plainer quality considered; nearly good wooled skins. $5.75: comparable clipped. $5: few wooled throwouts. *4 50; sheep unevenly lower. PITTSBURGH. March 3—Hogs—Receipts. 800; market around steady 5c higher: 160-220 lbs. s4® 4.25: 220-290 lbs . *3.75© 4: pigs. S3 <4 3.35; packing sows. $3 downward. Cattle—Receipts. 60: market, unchanged: medium to good steers vearlir.gs ouoted s4® 5! common to medium heifers. $2.85414.25: better grade cows. *2.50© 3.2 s . Calves—Receipts. 25: market, steady: cnoice vealers. *6.50®7. SheepReceipts. 1.250: market, weak to 25c lower: better grade woo! lambs. *5.7586; good clipped iambs around $5. By Times Special LOUISVILLE, March 3 —Cattle —Receipts 50: supply limited market quotable around steady; common and medium steers and beifers quotable at 53.25®4.25: beef cows and bulis mostly $2.75 down, low cutters and cutters. $1.25©2; stockers and feeders quotable from *4.75 down depending on kir.d and quality. Calves—Receipts. 125, steady; good and choice vealers. 543'5; medium and lower grades. $3 50 down. Hcgs —Receipts. 300. 10c higher 175-240 lbs. $3.75; 245-295 lbs . *3 50: 300 !bs. up. $3 10; 135-170 lbs.. $3 20: 130 lbs. down. $2 55: sows. *2.60 and stags. *1.65. Sieep—Receipts. 25: market quotable steady; bulk good lambs salable. *5.53: medium and 'ower grades mostly $5 down, slaughter ewes Sl®2. Thursday's shipments 155 calves.

- THIS CURIOUS WORLD -

BUSINESS NEWS SUMMARY

Pacific Telephone A Telegraph Cos. declared the quarterly dividend of *1.50 on common stock, payable March 31, of record March 20; $1.75 was paid previously. Government deficit on Feb. 28 amounted to $1,360,279,739, against $1,781,017,496 a year ago, Bank statement as of March 1. shows an increase of $732,000,000 in money in circulation and a decrease of $116,000,000 in monetary gold stocks. Brokers loans displayed a decrease of $11,000,000 to $418,000,000 during week ended March 1; non-brokers loans increased $31,000,000; New York stock exchange reports brokers loans increased $15,998 during February to $359,957,000. Chrysler Company omitted a quarterly dividend of 25 cents and showed a net loss totaling $11,254,232. after charges, against net profit of $1,468,935 in 1931. R. J. Reynolds earned 75 cents each on common and common class B stocks. American Rolling Mills Company and subsidiaries in 1932 reported a ’ consolidated net loss amounting to $2 029,602 after *all charges against net loss of $3,098, 445 in 1931. L, C. BREUNIG GETS - SECURITIES POST Sales Representative Made Field Manager. Appointment of Leßoy C. Breunig as field manager of the Indianapolis office of Henry L. Doherty & Cos., New York investment house, has been announced by Hughes B. Davis, district sales manager, Cincinnati. Breunig has been connected with the local office at 322 Circle Tower for three years as sales representative. For ten years he was associated with the Vonnegut Machinery Company. The Doherty company specializes in marketing the securities of the Cities Service Company.

Indianapolis Cash Grain

_. ... „ —March 3 The bids for car lots of grain at the call of the Indianapolis Board of Trade f 0 b.. shipping point, basis 41' 2 c New’ York Wheat—Strong. No. 1 red 7437 c; No. 2 red. 41' 2 ®42' 2 c; No. 2 hard. 41i„©42' 2 c. Corn—Strong. No 3 ?sl lte ' i s -*<?£l67c: No. 3 yellow, 147® 15 % c ' No. 4 yellow, 137®14i.,c; No. 3 mixed, 13 7® 147 c. ’ Oats—Firm; No. 2 white. 12 '* ® 127 c. Hay-—Steady. (F. o. b. country points taking ,237 c or less rates to Cincinnati or Loiiisville)—Timothy No. 1, $5.50©6; No. 2, [email protected]. —lnspections Whea.t--No 2 red. 3 cars; No. 2 mixed. 2 ca*. Total. 5 cars. Corn—No. 2 white 1 car: No. 2 white, 6 cars: No. 4 white i car: No. 3 yellow. 16 cars; No. 4 vellow 16 cars; No. 5 yellow. 3 cars; No. 6 vellow 2 cars: No. 6 mixed, 1 car. Total. 46 cars. Oats—Noo. 2 white. 14 cars; No. 3 white 19 cars; No, 4 white. 2 cars: Sample white, 1 car; No. 2 mixed, 2 cars. Total. 3o cars. INDIANAPOLIS WAGON WHEAT City grain elevators are paving 42c for No. 2 soft wheat. Other grades on their merits. Chicago Primary Receipts . —March 3 ;? heat 621.000 < - >ats 246,000 By Times Special CHICAGO March 3.—Carlots; Wheat 5; corn. 120: oats. 10; rye. 4. and barley. 7. „ CHICAGO CASH GRAIN B j l nited Press ...CHICAGO. March 3.—Cash grain close: Wheat—No sales. Corn—No. 3 mixed 217 ''li 2 ‘C. No 5 mixed. 21c; No. 2 vellow. 227® 24c: No. 2 veliow. old. 237®247c; No 3 vellow. 22® 23c; No. 4 vellow 217 ©2l’,c: No. 2 white, old. 247 c; No. 3 white. 227 c: No 4 white. 217 c. Oats— No. 2 white. 167® 167 c: No. 3 white. 15® 157 c: No. 4 white. 14c. Rve—No sales. Bariev—24® 34c. Timothy—s2.2s® 2.50. Clover—*s.so® 8. „ TOLEDO CASH GRAIN By l nited Press TOLEDO. March 3.—Cash grain close: 'Grain in eie-.ators. transit billing.1 Wheat No. 2 red. 55® 56c: No. 1 red. lc premium. Corn—No. 2 reiiow. 284,29 c Oats—No 2 white. 19 8 20c. Rve—No. 2. 42843 c. Bariev—No. 2 30® 31c. 'Track prices 287 c rate.l Wheat—No. 2 red. 518 517 c; No. 1 red. 528 52 7c. Corn—No. 2 veilow. 237®25c: No. 3 yellow. 227 71237 c: No. 4 vellow. 21®22c. Oats—No. 2 white. 16 17c: No 3 white. 157©187e. Seed closeClover—Cash. *5.10. Alsike—Cash. *5.80. produce close: Butter—Fancy creamery. 22c Eggs—Extras. 129127 c. Hav—Timothy per cwt.. 80c. Births Boy* Oliver and Margaret Mills. 2023 North Illinois. Girls Kenneth and Edna Flora. 2515 North Gale. Loyd and Etta Brimberry, St. Vincent s hospital.

Just 300 years ago, Galileo published a book, in which he stated that the earth revolved about the sun, and no sooner was it published than he was ordered to report to Rome. Because the Scriptures said, “The earth hath He established that it shall not be moved,” this new theory, now known to be a fact, could not be tolerated. Other men had been burned at the stake for unorthodox views, and Galileo, rather than suffer a like fate, signed papers of abjuration. Next—What fish drowns, if kept under water for any great length of time?

Produce Markets

Delivered in Indianapolis prices: Hens, heavy breeds over 47 lbs.. 9c; Leghorns, 7c; large springers and stags, 17 ibs. up. 7c; Leghorns and black and Leghorn stags. 17 lbs. up. sc: cocks. sc; Leghorn cocks, 4c. Ducks—Large w'hite full leather and fat. over 4 lbs.. 6c: small and colored. Be: geese, full feathered and fat. sc: voung guineas. 20c: old guineas. 15c. Eggs—No. 1 fiesh country run eggs. 9c; pullet eggs. 6c; each full egg case must weigh 55 lbs. gross: a deduction of 10c per lb. for each pound under 55 lbs. gross will be made. Butterfat —l4 c; No. 1 butter. 20®21c. These prices for healthy stock free from feed; no sick poultry accepted. Quoted by the Wadley Comminy. \ BY UNITED PRESS CHICAGO. March 3. Eggs Market steady to firm; receipts, 9.255 cases; extra firsts, 12’ 2 ®127c: firsts, 12'4® 127 c; current receipts, 12c; dirties. 11c. Butter— Market weak: receipts. 9.848 tubs: specials, 167@17c; extras. 16c; extra firsts, 157 c; firsts, 157 c: seconds unquoted: standards, 167 c. Poultry—Market steady, receipts, 10 trucks: fowls, 9Vi@ 10c; springers, 137 (815 c; Leghorns. 8c; ducks, ll©12c; cheese, 8c; turkeys. 12®15c; roosters, 87c; broilers. 16® 17c: stags, 11c. Cheese—Twins. 97(@97c; longhorns, Potatoes —On track, 208; arrivals. 116: shipments, 975; marxet dull; Wisconsin round whites. 70c: Minnesota round whites. 677 c: Idaho russets, [email protected]; Colorado McClures, $1.25. CINCINNATI, March 3.—Butter—Packing stock, No. 2. 10c; No. 3.8 c; butter fat, 12c. Eggs—Steady (cases included', extra firsts, 137 c; seconds, 127 c; nearby unfraded. 13c; ducks eggs. 15c; goose eggs, Oc Live Poultry (Following quotations represent prices for poultry in good healthy condition. 'Thin and coarse stock sells only at heavy discount.)—Fowls. 5 lbs. and over, 9r; 4 lbs. and over. 10c; 3 lbs. and over. 10c' Leghorns. 3 lbs. and over, 9c; roosters. 7c; stags, 9c: colored broilers, 1 lb. and over. 20c; 17 ibs. and over, 20c; 2 lbs. and over. 17c: fryers, 3 lbs. and over, 16c; roasting chickens, 4 lbs. and over, 15c; Leghorn broilers. 1 lb. and over. 15c; 17 lbs. and over. 15c. Ducks, under 3 lbs., sell at liberal concessions. Ducks, white, 4 lbs. and over 9c: under 4 lbs., 8c; colored. 4 ibs and over. 8c; under 4 ibs., 7c; capons, 8 ibs. and over, 16c; under 8 lbs.. 15c; siips, 12c; guineas. sc; young guineas, 17 lbs. and over, 10c; 2 lbs. and over. 10c: turkeys. No. 1. 14c: No. 1 young toms, over 1 lb., 12c. NEW YORK. March 3.—Potatoes Steady; Long Island, 50c©52.25 per barrel; southern. *4.25© 5.75 per barrel; Maine $1 ©2 per barrel; Idaho. $1,502 per sack; Bermuda, 55©6.50 per barrel. Sweet potatoes—Quiet; Jersey basket. 40c© $1,50; southern baskets, 35c851.10. Flour—Quiet; springs, patents, $3,503.75 per sack. Pork —Steady: mess. $14.25 per barrel. Lard— Firm; middlewest. spot, $4 20© 4.30 per 100 Ibs. Petroleum—Firm: New York refined 17c: crude Pennsylvania. 97c® $1.47 per barrel. Grease—Quiet; vellow. 17c per lb • white 27®2 s ic per ib. Tallow—Quiet ■ special to extra. 37©2c per ib. Common hides—Dull. , Hides—City packer, quiet; native steers. 47c; butt brands. 47c; Colorados 47c. Dressed poultry—Steady: turkeys. 11©21c; chickens. 10®20c- broi'ers. 15® 25c; capons. 13© 24c: fowls. 3® 15c; ducks. 8® 14c; Long Island ducks. 14® 16c Live poultry—lrregular: geese. 7© 12cturkeys. 14® 23c: roosters. 10© lie; ducks 11© 16c; fowls. 11 ©l4c; chickens. 11© 22c : capons, 16© 23c: broilers. 16c. Cheese Stoody; state whole milk, fancy to specials, 16® 18c; voung Americas. 117® 12c. But-ter-Market. weaker: creamery, higher than extras, 17© 177 c; extra, 92 score 167 c; firsts. 90 to 91 score. 167® 167 c Eggs—Market, firm: special nacks, including unusual hennery selections 157®. 167 c; standards. 15®157c; firsts. 137 @l4c. CLEVELAND. March 3.—Butter market weak; extras. 20c; standards. 20 7c Eges —Market, weak; extras. 127 c: current receipts. 12' 2 c. Poultry—Market, steady; heavy fowis. 11c: Leghorn fowls, lie: medtum fowls. 128 13c: heavy springers. 12® 13c Leghorn springers. 11© 12c: No 2 chickens 8c; ducks. 10® lie gees? 10® lie; turkevs. under 15 !bs.. 138 16c' turkeys. over 15 lbs . 13c; old Toms. 11® 12coid roosters. 889 c; stags. 10c: broilers' 14© 16c: capons 13815 c. Potatoes—Ohio York and Pennsylvania. 100-lb. sacks' u 0 and fartlv graded, cobblers and Round Whites mostly 85®90c- few hst *1: poorly graded as low as 50c- New York Ohio and Pennsylvania sacks a whites - Deaths B v; Hau! k 74 - 3917 East Thirtieth, cerebral hemorrhage. Roberta Young. 8 mo.. Riley hospital, tuberculous meningitis. Cyrus Marion Hines, 57. city hospital, peiiaera. William Elmer DeWalt. 66. 1321 Spruce, angina pectoris. George W Entwistle. 85. 5457 North Keystone. acute dilation of heart George Adams, 52. city hospital, carcinoma. Anna Moss. 54. 2112 Wendell, valvular heart disease. Thompson Holmes, 90. 6432 College, arterio sclerosis. Edward Anderson. 62. 843 North Delaware. coronary embolosm. Andy Carbonic. 64. city hospital, lobar pneumonia. CHICAGO FRUIT MARKET By United Press CHICAGO. March 3.—Apples—Michigan Spies bushel. *1©125. Mclntosh bushel. $1.1031.25; greenings bushel. 85c8*l: Indiana Rome Beauties bushel. *11581.25; Illinois Wineaaps bushel, *1.2581.35,

INDIANA STOCKS AND BONDS

The following quotations do not represent actual bids or offerings, but merely indicate the approximate market level based on buying and selling inquiries or recent transactions. —March 3 STOCKS Bid Ask Belt Rail & Slocks Yards eom. . 22 27 Belt Rail & Stock Yds pfd 6ti 45 49 Central Ind Power pfd 7';i.... 10 14 Citizens Gas com 14 17 Citizens Gas Cos pfd 57 62 68 Home T * T Ft, Wayne pfd 77 39 43 Ind & Mich Elec Cos pfd 77.. 75 80 Ind Gen Service Cos pfd 67.. 80 83 Ind Hydro Elec Cos pfd 77 29 34 Indpls Gas Cos com 40 46 Indpls Power & Lt Cos pfd 6 7 53 56 Indpls Pwr & Lt Cos pfd 677 58 63 Indpls Water Cos pfd 57.... 90 97 No Ind Pb Ser Cos pfd 577.. 30 31 Nor Ind Pub Serv Cos pfd 67 33 7 37 7 North Ind Pub Serv Cos pfd 77 40 44 Public Service Cos pfd 67.... 267 307 Public Service Cos pfd 77... 36 7 40 7 South Ind Gas & El Cos Pfd 67 57 61 Terre Haute Elec pfd 67 48 53 BONDS Belt Rail & Stock Yards 4s 1939 80 85 Citizens Gas Cos 5s 1942 86 90 Home T & T Ft W 57s 1955. 97 100 Home T * T Ft W 6s 1943., 98 101 Indpls Gas Cos 5s 1952 74 78 Indpls Rvs Inc 5s 1947 19 25 Indpls Water Cos 47s 1940.... 977 1007 Indpls VJater Cos 5s 1960 90 93 Indpls Water Cos 5s 1970 90 93 Indpls Water Cos 57s 1983 ~.100 103 Indpls Water Cos 57s 1954 100 103 Kokomo Water Works 5s 1958.. 79 82 Lafayette Tel Cos 5s 1957 83 88 Muncie Water Works 5s 1930. . 94 98 Richmond Water Works 5s 1957 84 88 Terre Haute Water Wk 5s 1956 84 88 Terre Haute Wat Wrk 6s 1949.. 95 99 Traction Terminal Cos 5s 1957.. 37 42 Joint Stock Land Banks Bid. Ask. Atlanta 57 25 29 Atlantic 57 36 40 Burlington 57 24 29 California 57 51 55 ’Chicago 57 167 197 Dallas 57 38 42 Denver 57 40 44 Des Moines 57 34 39 First Carolinas 57 27 31 First Ft. Wavne 57 427 477 First Montgomery 57 30 34 First. New Orleans 57 30 34 First Texas 57 39 43 First Tr Chicago 57 40 45 Fletcher 57 61 65 Fremont 57 30 35 Greenbrier 57 58 62 Greensboro 377 417 Illinois Monticello 57 53 7 57 7 Illinois-Midwest 57 35 40 Indianapolis 57 75 79 lowa 57 40 45 Kentucky 57 50 55 Lafayette 57 39 7 43 7 Lincoln 57 36 40 Louisville 57 49 53 Marvland-Virginia 57 55 60 Mississippi 57 . 32 37 New York 87 37 41 North Carolina 57 25 29 Oregon-Washinaton 57 28 32 Pacific Portland 57 35 39 Pacific Salt Lake 57 40 44 Pacific San Francisco 57 40 44 Pennsylvania 57 50 55 Phoenix 57 53 58 Potomac 57 38 42 *St. Louis 57 14 17 San Antonio 57 44 48 •Southern Minnesota 57 ... 8 10 Southwest 57 32 37 Tennessee 57 42 47 Union Detroit 57 35 40 Union Louisville 57 49 53 Virginia Carolina 5% 32 37 Virvinia 57 48 52 •Flat. Other Livestock RY UNITED PRESS FT. WAYNE. March 3 Hogs—Market. 10® 15c higher; 100-140 lbs . $3: 140-160 ib.-.. $3.25; 200-225 lbs . $3.60: 225-250 lbs . $3.50 : 250-300 lbs . 53.40 300-350 lbs.. $3.35: roughs. *52.75: stags $1.75: calves. $6 50: ewes and wether lambs. $5.50: bucks, $4.50. Cattle—Market steers, good o choice. ss© 5.50: medium to good. $4,505: common to medium. s3©4; heifers, good to choice. $4,504; 5; common to medium. s3® 4: heifers, good to choice. $4 50415: medium to good. *4© 4.50; common to medium, s3® 4: cows, good to choice *3® 3.50: medium to good. $2.50©3: cutter cows. *1.75®2 25; canner cows, si® 1.75: bulls, good to choice. 53®3.25; medium to good. $2.50® 3: common to medium, *2® 2.50; butcher bulls S3 25®3.75. CINCINNATI. March 3—Hogs—Receipts, 3.400: 536 direct and through Active on 180 ibs. up. Mostly 10c higher. Lighter weights and sows about steady. Good to choice. 130-240 lbs.. $4: 240-260 lbs. $3 90 ©4; 260-300 lbs.. *3 75©3.90: bulk 180-180 lbs. $3 75©3 85; desirable 140-150 lbs. $3.25® 3 50: lighter weights. *2.25© 3 25: sows. $2 50® 2.75. Cattle Receipts,' 225 Calves—Receipts. 200: slow, steers and heifers about steady. Common to medium, $3.50® 4.50; cows sseadv to weak, fat kind largely *2 50® 2 75: low 1 utters and, cutters. mostly $1.25©2. bulls, steady: bulk, $2.5073; vealers strong to 50c higheradvance mostly on better grades- good to choice, mostly 56©6.75: scattering of sales at $7: lower grades mainly *3 50® 5. Sheep —ReceiDts. 500: supplies light: lambs strong to 25c higher, better grades largely •5© 5.75; choice lightweights quotable up to $6: plainr grades mostly *3 50© 450 fat aged ewes, 51©1.50; .best lightweights, EAST ST. LOUIS. March 3.—Hogs—Receipts. 7,500 ; 500 direct; marke', 5© 10c higher: ton. S3 80: bulk. 160-240 lbs . $3 65 3.,d; 250-280 lbs. S3 50®3 60: 140-150 lbs. $3.25®3.65: 100-130 lbs.. $2,604.-3.10: sows *2.75© 3. Cattle—Receipts. 700: calves 500; market, mostly steady in slow cleanup trade with vealers 25c lower at $6 25not enough sales of other classes to warrant mentioning. Sheep—Receipts. 800market. steady to 25c lower; few choice lamb* to city butchers. $5.90; no sales to packers. ~WE BUY AND SELL U. S. Government Bonds Federal Land Bank Bonds Joint Stock Land Bank Bonds T. P. Burke & Cos. Incorporated SUITE t CIRCLE TOWER THOSE Alley 8536

PAGE 9

BULLISH NEWS FORCES WHEAT UP 2 L2CENTS Market Ends Day With Good Gains. Although Top Is Not Held. BY HAROLD E. RAINVII.I.E l nlted Pres* Staff Correspondent CHICAGO, March 4 The wild upturn of the morning in the face of continued unfavorable banking news sent wheat prices to the highest levels since mid-January on the Board of Trade Friday. The full 2' -c rise was not held as profit-taking quickly appeared and trading quieted to a more sedate pace. However, the market remained well above the previous close. Buying by New York interests set off the bulge with the Morgenthau statement heartening. Pessimism disappeared and there was no pressure. Stocks ran up sharp gains and butter and eggs, sugar, rubber and other commodities followed. Cotton was up sharply. Corn and oats followed wheat. Provisions gained nearly 20 points. * Close Is Strong At the close wheat was 17 to 17 cent higher, corn 17 cent higher, oats 7 cent higher, rye 17 to 1-7 cent higher and barley was 7 cent higher. Provisions were firm. Commssion houses absorbed the surplus in the pit early and when the buying began stop-loss orders were uncovered. Offerings were light on the early rally and the rise was rapid. The pit was caught unawares and traders bewildered. Morgenthau's announcement he intended to get the government out of stabilization, was thought to be a factor. Cash prices were unchanged. Receipts w Ire four cars. Cash Corn Higher Commission house buying on resting orders kept corn firm early and the market shot up 17 cents at mid-session on strength induced by the action in wheat. Country offerings were next to nothing and sales were 50.000 bushels early. Trading was the most active in weeks. Cash prices were 7 to 7 cent higher. Receipts were 133 cars. Oats participated in the general upturn and showed 7 to 7 cent higher at mid-morning, after July had set anew low early. Rye shot up 17 to 27 cents with wheat at mid-morning. Cash prices were unchanged. Receipts were 22 cars. Chicago Futures Range WHEAT— - MarUl 3 - prev Open. High. L(m. Close, close! V '- Ant * A 3 , 2 467,1 ■ 46 '7 • 46 7 Jul V.. .47 7 . 497 .471, ,48’4 ,47'i Sept. .48 7 .50 7 .48’ 4 ,49’s .43 CORN— May.. .23'* .24 7 * .23** .24‘ 4 .23*'* July.. .25", .287 .2.5", .267 .257 Sc oats7 26 ”" 28 ' 26 '" ' 277 " • 265 * May.. ,15 3 4 .167 .15’, .16 .157 July.. .16 .16’, .16 .167 .167 Sept.. .167 .17',l .167 .17 .167 RYE— May.. .3.37 .36 7 .337 .35 .33*4 July.. .337 .357 .337 .34*4 .33’* BARLEY— * May 267 .257 LARD— Mar 3.95 3.75 May.. 405 4.15 4.15 4.15 392 July.. 4.22 4.27 422 4.22 407 Sept . 4.30 4.32 432 4.32 4.10 BELLIES— May.. 4.25 4.30 4.25 4.30 4.22 July. . ~ . . .. . . 4.42 442 ANNOUNCEMENTS __ 1 Death Notices CANDEDO. CHARLES HARVEY—Husband ot Gertrude Candedo. father ot Louis Candedo. brother of William and Vernon, of Rockford. Hi., passed away at the Methodist hospital Thursday afternoon. Funeral services will be held Saturday. 2:30 p m . at the M NEELY MORTUARY. 1828 North Meridian. Friends invited. Remains will be taken to Rockford. 111., for burial Sunday. Friends mav call at the MORTUARY after 5 p. m. Friday. HALTIN'. ARTIMISS Beloved mot her of Mrs. J. C. Starnes. Mrs. Marv Freeless. Louis. William. Horace and Mildred Halpin. daughter of Mrs. Sarah Gulley of Maywood. Ind.. departed this life Friday. March 3. Age 51 years. Funeral notice later. For further information call MOORE At KIRK. CH.-35.30. HOYT. MARGARET—Widow of Simon W. Hoyt and mother of Arthur C. and William W. Hovt. nassed away Friday. March 3. at the residence. 2 miles west of the county line on the Rockville Road. Time of funeral given later. For further information call FINN BROS. FUNERAL HOME. TA-18V-. TYNER. THOMAS B.—Aee 61 years beloved husband of Eva Tvner and father of Samuel B. Tvner and Mrs. Mable Buck, passed awav at his residence. 185(1 S. East St. Friday 6 a. m. Funeral Saturday. 2 n. m at the G. H. HERRMANN FUNERAL HOME. 1505 S East St. Friends invited Burial Crown Hill. Friends mav call at the FUNERAL HOME anytime, 3 Funeral Directors, Florists \v. T. BLASENGY/M Main office. 2226 Shelby St. Branch office. 1634 W Morris. Dr 2570 FINN BROS. Funeral Home 1639 N Meridian St. TA-1835. GRINSTEINER’S 522 E. Market RI. 5374 HISEY & TITUS 957 N. Delaware LI. 3828 Johnson & Montgomery Funeral Home ' 1622 N Meridian. HA-1444. ~ J. C. WILSON 1230 Prospect Or M2l-0322. 4 Lost and Found BUNCH of keys lost downtown district Monday. Reward. 310 Merchants Bk. Bldg, Rl-3021, CHILD GRIEVING FOR PET—White wirehaired Fox terrier, female, wearing collar. Name, Tom -Bo- Reward. LI-6934. DOG—Lost; part Fox terrier and bull: body white, brown spot on tail and bodv. Wearing full harness, looks like Victor talking machine dog. TA-1159, RI-3334. ENGLISH SETTER-female; white and liver color. HU-6038, or BE-3068-3. Reward. FOX hound, female, lo© Tuesday, whit* and tan Reward. 2907 School 8t GREAT DANE DOG—Verv large tan: missing since Feb Ist. Reward. $25 to finder or for information leading to recoverv. No questions asked. TA-1919. LOST—Hound pup Saturday. White and brown spotted Reward. CH-1255 LOST-Long flat gray change purse, containing about $6: two small keys and memoranda, about 10 30 a. m Thursday at corner of Market and Alabama. Reward WA-0910. 5 Personals. ‘WHEN OTHERS FAIL’ Reach for E-N-T Oi: and use this oil persistently. Inhale its healin* OilMist which quickly penetrates the infected membrances. with its Soothing Oils and Balsam* This Master remedy remains hours after using —fighting germs—removing congestion. Keeps the nose and throat clean and healthy It is instantly effective,A quicker relief for Cold—Sinusitis—sinus infec'ion. recommended by specialists. Sold on money back guarantee—a trial will surprise you. Ask vour Druggist— E-N-T Oil Cos., Indianapolis, Ind. DR. LUTZ removed to 2228 N Pennsylvania St INVALIDS Ac MENTALS—In trained nurse’s home: references. Centrally located. RI-6136. NEW EDITION—‘ALL THREE-LETTER WORDS ” postpaid. 10c. No stamps. R W Burris. 6346 Central Ave.. Indlanapolls. RENT A MAYTAG $1 per week. Cal) Rl 9441 Extension 372. L. S. AYRES A Co~ WITNESSES who saw boy struck bv bua at Madison Ave. and Morris St . about 7 and m. on Feb. 7. Call at 505 Meyer* Kiser Bank Bids.