Indianapolis Times, Volume 44, Number 284, Indianapolis, Marion County, 7 April 1933 — Page 26

APRIL 7, 1933

STOCK SHARES SELL HIGHER IN ACTIVE TRADING Improvement in Business, Banking Conditions Aids Market.

Average Stock Prices

Averse of thirty industrials for Thursday, high *9.48. low 57 73. lost 58 80, up 130 A'.erag'- of twenty rails. 25 02. 24 00. 24 41. up 77 A.frage of twenty utilities. 20 13. 10 78, 19 58. up .08. Average of forty bond). 73.55. unchanged. BY ELMER C. WALZER I nited Press Finanrial Editor NEW YORK. April 7. Stocks continued to mount into higher ground in the early trading on the Stock Exchange today, aided by reduction in the New York federal reserve bank rediscount rate and improved business and banking conditions. Initial gains of fractions to more than a point were extended in the early dealings. Volume increased on the rise. Steel issues were strong. U. S. Steel opened at 30%, up "•, and then moved toward 31, while the preferred jumped to 61 ' 2 , up IV Bethlehem Steel opened at 154, up 4, and extended its advance toward 16. American Telephone rose to 924, up a point, while Case rose to 45V up 7 h American Can 59 V up •%; Du Pont 36 V up 4; Allied Chemical 81, up 1%; Auburn Auto 35, up 1, and International Harvester 234, up 4.

Bank Clearings

INDIANAPOLIS STATEMENT —April 8— Clearings *1.184.000.00 Debits 3.944.000.00 TREASURY STATEMENT April 8— Net balance for April 5 *558,597.571.52 Expenditures 12.421.404.33 Customs rect. month to date 2.818.727.71

Foreign Exchange

(Bv Abbott. Hoppin & Cos.) - April 6 Open. Close. Sterling. England ....$341% s3.4l’* Franc. France 0393 s * .0393 3-16 Lira. Italy 0512 .0512 Belgas. Belgium 1396 .1396 Mark, Germany 2362 .2364 Guilder. Holland 4037 .4035 Peseta. Spain 0R47 .0847 Krone, Norway 1752 .1752 Krone Denmark 1525 .1526 Yen. Japan .2144 .2144 New York Curb ißv Thomson McKinnon) April 8 11 00 11 00. Alum Cos of Am 45 Ford of Eng ... 3%. Am Cynamid 5 s *.Gulf Oil 32 Am Gas Elec. 18% Lit Pete 9% Am Lt & Trac. 14 Mt Prod 3% Am Super Pwr 3 Nat Belles Hess I s , Ass Gas Elec 1% Newmont Min ..18% Cent Sts Elec... 1% Nia Hud Pwr .. 9 Cities Scrwcc . 2 Penroad 1% Cord 5% Std of Ind 19% Deer A: Cos 12® Std of Ohio 16 Elec Bnd & Sh 12% StUtz 11 Elec Par Ass . . 2% Un Lt Ai Pwr A 2% Ford of Can.. 5 Un Verde 1% Chicago Stocks Opening BY Abbott. Hoppin A: Cos. —April 8— Cities Serv 2% Lib. McNeil Prod 2 Cord Corp 5 % Middles est ' Cont. Chi. Com. 1% Prima Bevereage. 15% Cont. Chi pfd .13 Swift A’ Cos 10% Comm. Edison . .54% Swift. Inti 17% Other Livestock BV UNITED TRESS LAFAYETTE. April 7. Hogs Market, steady 170-250 lbs. $3,70'./ 3. <5; 250-525 lbs . $3 60© 3.65: 130-170 lbs.. $3.30©3 50: 100-130 lbs . $3.10; roughs. $3.10 down. Top calves, $5. Top lambs. $5. CINCINNATI April 6.—Hogs—Receipts, 6 000; 1.420 direct and through; 490 held over: market. 10c lower on 180 lbs. up: lichtor weights and sows mostly steady; ton and bulk good to choice. 180250 lbs.. $3 90: bulk. 260-300 lbs, 53.65© 3.80; 160180 lbs . mostly $3.50© 3.75; 130-150 lbs.. $3.25© 3.50; 120 lbs. down. $2.50© 3; sows. $2.75©3 Cattle-Receipts. 300: calves, receipts. 300. steers and heifers slow, barelv steady; bulk common to medium mostly $4 5; a few upward to $5.50; other classes steady; fat cows. $2 50© 3.50; low cutters and cutters. $1 50©2.25: most bulls. $2.75 a 3.26; rood to choice vealers, $4.50 ©5.50: plainer grades. $4 down. Sheep— Receipts. 500: generally steady; undertone weak: bett r grade shorn lambs. $4.50® 5.50: common to medium. s3© 4.50: odd lots of better grade spring lambs mostly sß© 9: fat aged ewes mainly sl®2: best light weights quotable up to $2.50. CLEVELAND, April 6 —Hogs-Receipts. 1,100; holdover, none; mostly stead'© some lien-irr weights 10c higher; 160-250 lbs., $4.10: 260-300 lbs.. $4. pigs. $3 50; sows. $2.50fii2.75. Cattle Receipts, 150; dull: local demand narrow; sellers asking steady, hut. getting little encouragement except, on lower grade cows; scattered cutter to common steers. $3 75© 4.35; load medium to good. 935-956 lbs., weights late Wednesday. $i.25; low cutter to good rows. $1.50©3 35. Calves Receipts. 500. around steady; good to choice quality scarce, actively in demand upward to $6.50 and above: others dull, largely $6 downward, with cull to medium around s3© 5 Sheep—Receipts. 1,000; steady to weak, dippers around ss© 5.35; bulk. $5 25 downward; near choice wooled iambs. $5.75: few common to medium springers. $7. By Times Special LOUISVILLE April B.—Cattle Receipts. 100. mostly steady: bulk common and medium steers and heifers, $3.50© 4.50; good lightweights eligible to $5 and better: bulk beef cows $2.50© 3; low cutters ar.d cutters $1.25© 2 25; mills mostly $2 75 down, bulk light stockers. *4.50©5. Calves Receipts, 250: bulk good and choice vealers. $4 7 1 50. medium and lower grades. $3 down. Hogs Receipts, 500; 5c higher. 175-240 lbs. $3 80. 245-295 lbs.. $3 55; 300 lbs. up $3.15: 135-170 lbs . $3.25; 130 lbs. down. $2 60; sows. $2.45 and stags $1 50. Sheep- Receipts. 75. no early trading. early indications steady at Thursday's decline or mostly $5 down on old crop lambs: springers absent, early considered salable at $7 4 8 Depending on weight and quality Thursday's receipts 101 Cattle 233 calves; 361 hogs, ana 105 sheep. Shipments: 318 ealves and 116 sheep. CHICAGO FRUIT MARKET By United Press CHICAGO. April 7—Apples Michigan Starks bushel St 25: Greenings bushel. $ .90© TOO. Illinois Willow Twics bushel, $115.'! 2* $ nesaps bushel. $1 35 ©1.40. BUT WHERE’S OSWALD? Arkansas Mother Gives "O" Names to Fourteen Children. Bti United Pr> . BLYTHEVILLE. Ark.. April 7. On what euphonious names Mrs. Frank Allison has given her fourteen children. The names es her nine boys and five girls are: Ozo Fay. Oso Lase, Ozar Clay, Olen A., Odeth Afte. Odra Athe, Ola Frankie. Ora Kossie, Odar Jettie. Olio May. Oda Vay. Owen Kay. Oma Aze and Otha Haze. ITie first nine named children are living. PLANS NEW TYPE PLANE Air Race Winner Seeks Speedy Ship With Long Cruising Radius. By United Press WASHINGTON. April 7. -The new racing plane with a top speed of 350 m. p. h. and a cruising radius of 3.800 miles is planned by Jimmy Wedell, New Orleans speed flier, and a winner in lasi year’s National air races. The new ship will be equipped with retractable landing gear and cantilever wings, Wedell said while taking instructions here in blind flyirg. He is interested in anew com’inercial air line operating between New Orleans to Laredo.

New York Stocks "““'By Thomson A McKinnon 1—“

—April 7 Railroads— Prev. High. Low 11.00 close Atchison 40% 40>* 40', 39% At; Coast Line.. .. ... ... 18 Bait A- Ohio. .. 9 8", 9 8% Chesa Ac Ohio. . 274 274, 274 28’. Cheea Corp 18‘j 16% Can Pac . . 7% Chi Ort West 1% Chi N West ... 2’ 2% 2% 24 C R I <V P 24 Del LAt W ... 194 194 19% 184 Del A- Hudson ..48 47 47 47% Erie 34 Erie Ist pfd . . ... 4' 2 44 Gres* Northern 7 64 6’. 84 Illinois Central.. 104 104 104 10 j Lou At Nash .. 29 4 29 4 29 4 29 4 MKA- T ... 74 7 74 64 1 Mo Pacific 14 Mo Pacific pfd .. ... ... I*. N Y Central . 174 184 164 164 NY NH A H . ... 124 124 124 114 Nor Pacific . . . 114 114 114 114 O A: W 84 84 Pennsylvania. .. 164 164 184 154 Reading ... 254 . ■ • So Pacific 134 134 134 124 Southern Ry .. 6 54 6 54 St Paul 14 S’ Paul pfd .... 14 14 Union Pacific ... 63 4 62’, 63 63 W Maryland 54 West Pciflc ... 14 Equipments— Am Car At Fdy 9 84 Am Locomotive. 9 84 9 Bs,8 s , Am Steel Fd .. ... . . 64 Am Air Brake Sh .. 144 144 Gen Am Tank .. 19 184 184 184 General Elec ... 134 134 134 134 Gen Rv Signal .... ... 184 17’, Lima Loco 134 ... N Y Air Brake 64 Pullman 234 23 234 22% Westlngh At E 164 164 164 164 Westingh Elec ... ... 254 Rubbers— Firestone .. .... 10 Goodrich 54 s', 54 54 Goodyear 164 164 164 164 Kelly Sprgfld .. 14 2 Lee Rubber ... ... 54 U 8 Rubber 4V* 4 44 44 Motors— Auburn 35 34 4 34 4 34 Chrysler 114 11 11 104 General Motors.. 124 124 12'4 124 Graham Paige .. 14 14 14 14 Cerro de Pasco 104 10 104 10 i Dome Mines .14 134 14 134 Freeport Texas.. . . ... 214 22 Granby Corp .... . . *l4 5 Great Nor Ore .... ... ... 54 Howe Sound ... 94 94 94 9’, Int Nickel 9 84 9 84 Inspiration .. 24 2% Isl Crk Coal .. 154 154 154 154 Kennecott, Cop .... ... ... 104 Magma Cop ... ... 7 Miami Copper .... ... ... 24 Nev Cons ... ‘ 54 Noranda 184 184 16 4 13’, Texas Gul Sul .. 19’, 194 194 194 U S Smelt 254 25 254 244 Oils— Amerada 22 21 4 22 21 4 At] Refining 16 154 16 15 Barnsdall 34 S’, 34 34 Houston .. 24 24 Sbd Oil 194 184 194 184 Mid Conti .. . 54 s'a 54 5 Ohio Oil 64 -54 6 54 Phillips 6 54 6 6 Pure Oil 34 3 34 S Richfield ... . a. Royal Dutch 184 i4 ’iß4 184 Shell Un 44 44 44 44 Simms Pt ... ... 5 Hudson . . . 34 334 Hupp 1% Mack 224 21 4 22 21 4 Marmon ... % 4 •Nosh | 13V, 134 Packard . 2 is. Reo p/ 8 Studebaker 2 2 Yellow Truck 314 31/, Motor Access— Bendix Avation.. 84 84 84 84 Borg Warner 8 74 Briggs 31 j, Eaton . . 4 El Auto Lite ... 114 ii% 'li4 114 El Storage B 254 24 4 Hayes Body ... ... 34 Motor Whepl ... .' ’ 2 Murray Body ... i 4 Sparks-W ... ... 24 Stewart Warner. .. ... ," 24 Timkin Roll .. 16 154 is 154 Mining— Am Smelt 174 174 17V* 174 Am Zinc. 34 34 Anaconda Cop . 74 74 74 74 Alaska Jun 154 144 15 144 Cal A: Hecla 24 24 Cons Oil 54 54 54 5 4 Skellv 34 Standard of Cal 23 4 23 23 4 224 Standard of NJ26 4 254 26 4 254 Soc Vac 64 64 64 6% Texas Cos .. 134 124 134 12V Union Oil 104 104 104 104 Steels— Am Roll Mills... 84 8 8 8 Bethlehem 16 154 154 15 Bvers A M 114 114 114 11 Colo Fuel 44 44 Cruc Steel 10 Inland 18 164 McKeesport Tin. 54 4 54 54 53 4 Midland 4V 44 Repub I & S 6 54 U S Steel 304 30 30 294 Vanadium 11 11 Youngst S & W .... 5 Ynuncst S A: T 11 104 Tobaccos— Am Sumatra... 94 84 9 94 Am Tob IAI new’ 59 4 59 594 584 Am Tob 181 new 624 614 614 614 Con Cigars 4 Lig At Myers B . 614 61 61 614 Lorillard 4 134 Reynolds Tob 31 31 Utilities— Adams Exp 4 34 34 3% Am For Pwr .. 44 44 44 4 Am Pwr At Li.. 44 44 44 44 A T At T 924 914 924 914 00l Gas At El.. 94 9V 94 94 Com At Sou ... ... 14 Cons Gas 414 404 414 40% El Pwr At Li 34 34 Gen Gas A Int! T At T 6 54 Lou Gas A: El ... 15 Natl Pwr & Li.. 84 84 84 74 No Amer Cos ... 164 164 164 164 Pac Gas A; El.. 204 20 204 21 Pub Ser N J 34 334 So Cal Edison... 174 174 174 18 Std Cr At El 64 6 64 64 United Corp.... 54 54 54 54 Un Gas Imp ... 14', 144 144 14 Ut, Pwr At L A... 24 2 2 2 West Union .... 20 194 194 19 Shipping— Am Inti Corp .. 64 64 64 74 N Y Ship 84 74 8 74 United Fruit ... 34 4 33 4 34 4 33 4 Foods— Am Sug 404 40 404 394 Armour A ... ... 24 Beechnut Pkg... ... . ■ 484 Cal Pkg 124 12 124 124 Can Dry .. 104 104 Cora Cola 824 804 81 82’, Cont Baking A.. ... 4 Corn Prod 574 56 4 57 56 4 Crm Wheat 27 Cudahy Pkg 26 Cuban Am Sug.. .. ... 54 54 Gen Foods ... 264 264 Grand Union ... 4’, 44 Hershey ... 39 39 Jewel Tea ... . • 26 Kroger 20 19V, 194 19 Nat Biscuit ... ... 374 Natl Dairy 144 134 144 134 Purity Bak ... ... 8V Plllsburv 144 14 144 Safeway St 344 33 4 34 334 Std Brands ... 154 Drugs— Cotv Inc. ... ... 24 Drug Inc 34 4 334 34 4 33 4 Lambert Cos 25 24 4 244 24’, Industrials— Am Radiator ... 7 64 7 Bush Term Gen Asphalt ... 6', Otis Etev 124 12 124 114 Indus Chems— Air Red 58 4 58 58 4 58 Allied Chem 814 804 814 794 Com Solv 144 134 14 14 Dupont 37', 364 37 36'g Union Carb 24 5 , 234 244 24 U S Ind Alco . . 244 24 24 4 234 Retails Stores— Assoc Dry Gds... s', 5 5 44 Gimbel Bros ... 14 14 Kresge S S 6', 54 64 .. May D Store 134 134 Mont Ward 144 144 144 13’, Penny J C 24’, 244 24’, 24 4 Sears Roe 184 184 18', 18 Woolworth 29 4 28’, 28’, 284 Amusements— Bruns Bslke ... 34 Eastman Kod ... 514 51 | Fox Film A ... 1 1 I Grigsbv Gru 4 | Loews Inc 114 114 Radio Corp 4 34 34 34 R-K-O 14 Warner Bros ... 14 14 Miscellaneous— Citv Ice A: Fu 104 9 Congoleum 7’, , Proc A- Gam .... 26 4 36 4 26 4 264 Alii* Chal 84 84 84 84 Am Can 594 58% 594 84 J I Case 464 454 454 444 Cont Can 44 43’ 434 43’, Curtiss Wr 14 14 14 14 Gillette S R .... 124 124 124 124 Gold Dust 144 Int Harv 234 234 234 234 Int Bus M 92 924 Real Silk 74 74 iUn Arcft 214 314 214 21 Transamerica ... 44 4’* 44 4', Owens Glass ... 44 43 44 42 s , New York Bank Stocks (By Thomson & McKinnon) —April 6 Bid. Ask. I Bankers 50 51 ' Centra! Hanover 102 108 I Chase National 17 s , 184 Chemical . . . 30 31 j National City 204 214 Corn Exchange 43 4 45 I First National 990 1.020 ! Guaranty \ 225 229 Irwng 15 15’, Manhatten A- Cos 17 s , 184 New York Trust 64 66 Liberty Bonds By United pres* NEW YORK. April 6.—Closing Liberty | bonds; I Liberty 3 4s. ’47 101.3 1 Liberty First 4',r. 47 102 Liberty Fourth 445. 38 102 3 Treasury 4%5. '52 ' 107 27 I Treasury 4s. '54 104 1 0 I Treasury 3%'s, 56 102.30 Treasury 34’s, '47 100 29 1 Treasury 34 s. '43. March 100 27 I Trewurv 34's, '43. June 100 30 j Treiurv. 3>,'s. 49 98 8 TreFury 3s. ‘55 96.9

HOGS SELL OFF 5 TOIO CENTS AT CITYYARDS Cattle Generally Steady in Cleanup Trade; Veals Are Up. Hogs were slightly lower this morning at the city yards, weights of 160 pounds up showing a decline of 5 cents with underweights mostly 10 cents off. The bulk, 160 to 300 pounds, sold for 53.80 to $3.85, early top holding at $3.90. Weights of 300 pounds and higher sold for $3.70 to $3.75; 120 to 160 pounds, $3.35 to $3.65. Receipts were estimated at 6,000. Holdovers were 206. General trade was steady in the cattle market with cleanup operations the rule. Receipts were 300. Vealers were 50 cents higher at $6 down. Calf receipts numbered 500. Market on wolled lambs was not established early. Some clippers sold for $5.50. Receipts were 700. Hog prices at Chicago continued to hold a steady range, with most all bids unchanged at Thursday's average. Only little activity was displayed in the early session. The bulk of good to choice porkers weighing from 180 to 220 pounds was bid in at $3.85 to $3.90, while early top held at $3.95 for a part load. Receipts were estimated at 15.000. including 5,000 direct; holdovers 200. Cattle receipts numbered 1,500; calves, 500; market, Steady. Sheep receipts were 1C,000; market, unchanged. HOGS March Bulk. Tod. Receipts 31. $3.90® 4.05 4.05 5.0000 April 1. 3.85® 3.90 4 00 6,000 3.3 80'S; 3.90 4 00 6.000 4. 3.70® 3.75 3 80 6,500 5. 3.75® 3.80 3 85 5,000 6. 3.85® 3 90 3.95 4.500 7. 3.80® 3.85 3.90 6.000 lower (140-160) Good and choice:...* 3.55® 3.65 —Light Weights—-(l6o-180) Good and choice.... 3.85 1180-200) Good and choice. .. 3.85®; 3.90 —Medium Weights—-'2oo-2201 Good and choice.... 3.85® 3.90 (220-2501 Good and choice.... 3.85® 3.90 —Heavy Weights—-(2so-2901 Good and choice 3.80® 3.85 (290-3501 Good and choice ... 3.70© 3.80 (350 down) Good 3.25® 3.50 —Packing Sow's—(3so up) Good /. 3 15® 3.40 (All weights) Medium 2.85® 3.25 —Slaughter Pigs—-(loo-190) Good and choice.... 3.25® 3.35 CATTLE Receipts. 300: market, steady. (150-1,100) — Good and choice * 5.25® 6.75 Common and medium 3.50® 5.25 (1.100-1.5001-Good and. choice *4 25® 6.50 Medium 3.50® 4.25 —Heifers—-(sso-750) Good and choice 4.50® 5.75 Common and medium 3.25® 4.50 (750-9001 Good and choice 4.25® 5.50 Common and medium 3.00® 4.25 —Cows— Good 3.00® 3.50 Common and medium 2.50® 3.00 Low cutter and cutters 1 50® 2.50 —Bulls (yearlings excluded) Good (beef) 2.50® 3.25 Cutter, common and medium.. 1.50® 2.50 VEALERS Receipts. 500: market, higher. Good and choice * 5.50© 6.00 Medium 3.50© 5.50 Cull and common 2.00# 3.50 —Calves—-(2so-500) Good and choice 4.00® 5.00 Common and medium 2.50® 4.00 —Feeder and Stocker Cattle—-(soo-8001 Good and choice 4.50® 5.75 Common and medium 2.75® 4.50 (800-1,050) W Good and choice 4.50® 5.75 Common and medium 2.75® 4.50 SHEEP AND LAMBS Receipts, 7(Ht; market, steady. —Lambs—(so lbs. down) Good and choice.ss.so® 5.75 (90-110 lbs.) Good and choice.. 5.00® 5.60 (90 lbs. down) Com. and med... 3.25® 5.50 —Ewes— Good and choice 3.25® 3.00 Common and medium I.oo® 2.25 Other Livestock BY UNITED PRESS EAST BUFFALO, April 7.—Hogs—On sale 2.300; active; steady with Thursday s average; desirable 160 to 240 lbs., $4.25 to mainly $4.30; plainer kinds downward to $4.10; 250 to 260 lbs.. $4.10®4.20 pigs and underweights slow, quoted at $3.75© 4. Cattle—Receipts. 300; cows pre'dominating: slow, steady to weak; lowcutters $1 25®1.75; steers unsold. Calves —Receipts. 550; vealers active: steady: good to choice $6.50; common and medium s4® Sheep—Receipts, 1,200; holdovers, 700; lambs trade very draggy scattered sales around 50c, under" Monday's average; bulk unsold; good to near choice wool lambs. $5 50; shorn lambs, $4.85® 5: few $5.10; small lots 50 to 60 lbs spring lambs, $8 EAST ST. LOUIS. 111., April 7.—Hogs— Receipts. 9,000; market, 10® 15c lower top $3.75; bulk 160-260 lbs.. $3.60® 3.70; 140-150 lbs. $3.25® 3.50; 100-130 lbs., $2.75©3 15sows. $3.10® 3.25. Cattle—Receipts. 800: calves, 600; market, hardly enough on sale to make a market, with a few steers looking about steady: mixed vearlings and heifers, s4© 5: cows, $2 50® 3.25; lowcutters. $1.25© 1.75; top sausage bulls. $2 25 ® 2.90; vealers. $5 50 at top. Sheep—Receipts. 1.500: market, steady to strong; packing talking lower; no early sales or bids. FT. WAYNE. April 7.—Hog market. 5c °,V, r: ' 80 „-2 00 . lbs - $3 80: 200-225 lbs., 225-375 lbs . $3.70. 275-350 lbs.. $3.60; 140-160 lbs.. $3.50: roughs. *3; stags. $2: calves. $2. lambs, $5.25. Cattle market, steers, good to choice. ss® 5 50: medium to good, S4.ao®s: common to medium. s3© 4heifers good to choice. *4.50®5; medium to good. s4® 4.50; common to medium, s3® 4: cows. Rood to choice. s3®3 50: medium to good, $2.5063; cutter cows. sl7s® canner cows. $161.50; bulls, good to choice. s3© 3.25; medium to good $2.50®3 buHs m °s3 25® 3 n 7s dlUm ' s2 ® ?so: butcher _ PITTSBURGH. April 7.—Hogs—Receipts, L l ?2i~ 2 m o rke o t A s f *® c lower: 160-210 lbs. 220-250 lbs.. s4® 4.10; pigs. $3.40® 3.65; packing sows. $3 35 downward. Cattle Receipts. 10; market nominal; common to medium steers quoted $3 85® • 4.85; better grade up to $5.25 and above: common to medium heifers. *3 256 4 50; medium to good cows. $2.75®3.65' medium bulls. $3®3.40. Calves—Receipts. 125 market steady; good to choice vealers. *s® 6 Sheep— Receipts. 800; market steady; better grade shorn lambs. $47565.15; wooled lambs. $6 downward; spring lambs up to $7.50; good aged wethers. $3 downward. CHICAGO. April 6.—Hogs—Receipts. 19,000. including 7,000 direct; slow, few early saise steady with Wednesday, but later bids 10c lower; early sales 170-310 lbs., $3.75 2 3.94; top. $4. sparingly; packing sows mostly $3.406 3.50; light lights. 140-160 lbs., good and choice. $3.60®3.90; lightweights. 160-200 lbs., good and choice. 53.80 ®4; medium weights. 200-250 lbs., good and choice. $3.85©4: heavyweights. 250-350 lbs., good and choice. $3.65®3.90 packing sows. 275-550 lbs . medium and good $3.20 ®3.bo. slaughter pigs, 100-130 lbs., good c * lol , ce $3 252 3.60. Cattle—Receipts, 5.000. calves. 2.500; fed steers and vearlings strong to shade higher: fairly active; medium weight and weighty bullocks sharing upturn; lower grades predominating in run. bulk a l weignts selling at $5 downward. strictly good and choice long yearlings very scarce; top. $6 25; few loads well finished vearlings and light steers. *5.50® 6: yearling heifers. *5.75. other killing classes most.y steady: vealers 25®50c higher; slaughter cattle and vealers: - , 5 ?21 90 ,7 lbs • * oort and choice. *s® good and choice. ss© 7; 1.100-1.300 lbs., good and choice. $4.50© 8 (5; 1.300-1.500 lbs., good and choice *4 2566. s*o-1.30° lbs . common and me-' dium. $3.506 5. heifers. 550-750 lbs . good S?-- 0 * 1010 ?’ *4.756 6; common and medium. *3 50© 4 ,5; cows. good. $363 50: common and medium. $2 25©3: low cutter and cutter cows. $1.75(ti2 oO; bulls. yearlings exeluded, good. beef. 12.7563 25; cutter common and medium. $2.606 3 vealers’ good and choice ss® 6.50; medium. *4© 5-' cull and common. s3®4; Stocker and feeder cattle: Steers. 500-1.050 lbs., good and choice. *4 50©6: common and medium $2.756 4 50. Sheep—Receipts. 17,000; mostly 10© 15c lower following similar decline late Wednesday; better grade wooled lambs ss® 5 40; latter price paid bv city butchers clippers. *4 7*65; slaughter sheep and lambs Lambs. 90 lbs. down, good and chocie $56 5 50: common and medium. *4© 5,15. 90-98 lbs . good and choice, $4.856 5 35; 98-110 lbs . good and choice! *4 65 ©5.10: ewes. 90-150 lbs . good and choice *26 3: all weights, common and medium. *1.25f2.50. TOLEDO. April 6.—Hogs—Receipts. 375; market. 10c higher; heavy Yorkers. $3 75 ©3 85; mixed and bulk of sales. *3 75® 3 85; pigs and lights. $3.2563.40; medium ar.d heavies. $3.2561.75; roughs. $2.50® 2 75. Cattle —Receipts, light: market, slow. Calve*— Receipts, light; market, steady; choice to extrw*tss.so® 6. Sheep and lambs —Receipts. Ugh*, market. 25c lower; lambs. $* @ *.25.

THE INDIANAPOLIS TIMES

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. • —April 7 STOCKS Bid. Ask. Belt Rail & Stocks Yards com 21% 26% Belt Rail Ac Stock Yds pfd 87. 45 49 Central Ind Power Dfd 77c.. 8 11 Citizens Gas com 13 16 Citizens Gas Cos Dfd 5% 63 68 Home T & T Ft Wavne Dfd 77.. 39 43 Ind & Mich Elec Cos Dfd 77... 65 70 Ind Gen Service Cos pfd 6%.. 65 70 Ind Hydro Elec Cos pfd 77... 27 32 Indpls Gas Cos com 42 % 47% Home T & T Ft Wayne pfd 7% 34 39 Indpls Power A: Lt Cos pfd 67 38 42 Indpls Pwr & Lt Cos pfd 6%fi 45 49 IrdDls Watei Cos ofd 57 85 90 No Ind Publ Ser Cos Dfd 5% 7.. 22 26 No Ind Pub Serv Cos pfd 67.. 24 28 North Ind Pub Serv Cos pfd 7 7 25 29 Publci Service Cos pfd 67.... 18 22 Public Service Cos pfd 77... 34 39 South Ind Gas &-E1 Cos Dfd 67. 55 60 Terre Haute Elec Did 67.... 45 50 BONDS Citizens Gas Cos 5s 1942 78 82 Home T & T W 5%S 1955 94 97 Home T Ac T Ft W 6s 1943.. 95 98 Indpls Gas Cos 5s 1952 70 74 Indpls Rvs Inc 5s 19 21% 25 Indpls Water Cos. •> 1940.. 92 % 97% Indpls Water Cos 5s 1960.... 86 90 Indpls Water Cos 5s 1970,... 86 90 Indpls Water Cos 5%s 1953... 92% 97% Indpls Water Cos 5%s 1954.. 92% 97% Kokomo Water Works 5s 1958 70 75 Lafayette Tel Cos 5s 1957 81 85 uncle Water Works 5s 1939. . 87% 92% Richmond Water Works 5s 1957 80 85 Terre Haute Water Wk 5s 1956 80 85 Terre Haute Wat Wrk 6s 1949 90 95 Traction Terminal Cos 5s 1957.. 39 43 Joint Stock Land Banks Bid. Ask. Atlanta 57 32 % 36% Atlantic 57 42 46 Burlinton 57 26 29 California 5% 49 52 •Chicago 57 19 22 Dallas 67 48 52 Denver 57 46% 50% Des Moines 57 40 41 First Carolina 5% 31 34 First Ft Wavne 5". 43 47 First Montgomery 57. 32 35 First New Orleans 57. 30 34 First Texas 57 42 46 First Tr Chicago 57 42 46 Fletcher 57 62 66 Fremont 57 .* 40 44 Greenbrier 57 56 59 Greensboro 57 39 42 Illinois Monticello 57. 50 55 Illinois-Midwest 57 37 % 41 Indianapolis 57 72 76 lowa 57. 47 50 Kentucky 57 53 57 Lafayette 57. 42 46 Lincoln 57. 42 45 Louisville 57 48'/a 51 % Maryland-Virginia 60 65 New York 57 45 50 Mississippi 57. 38 42 North Carolina 57 30 34 Oregon-Washington 5% 30 33 Pacific Portland 57 39 42 Pacific Salt Lake 57. 42 45 Pacific San Francisco 57 42 45 Pennsylvania 57 51 54 Phoenix 57 62 66 Potomac 57 43 41 •St Louis 57. 15 , 17 San Antonio 57 47% 50 •Southern Minnesota 57 12 15 Southwest, 57 23 36 Tennessee 57 . 41% 44% Union Detroit. 57 41 44 Union Louisville 57 50 53 Virginia Carolina 57 38 42 Vireinian 57 47 50 •Flat.

Investment Trust Shares

(By Abbptt. Hoppin & Cos.) —April 6 Bid. Ask. American Bank Stocks Corp.. .90 1.15 American Founders Corp 87 1.25 American & General Sec A . 3.00 6.00 Basic Industry shares 1.90 1.95 British Type Inv Tr Sh 40 .45 Collateral Trustee Shares A. 3.00 3.37 Corporate Trust shares told).. 1.42 Corporate Trust shares (new) 1 42 1.47 Cumulative Trust shares .... 2.37 Diversified Trust shares A 6.00 6.50 Diversified Trust shares B 4.62 5.25 Diversified Trust shares C... 189 1.95 Diversified Trust shares D.. 3.12 3.37 First Insurance Stock. Corp.. 1.75 2.05 First Common Stock Corp... 1.15 • 1.35 Fixed Trust Oil shares A.... 5.42 Fixed Trust Oil shares B 4.30 Fundamental Trust shares A.. 2.60 2.75 Fundamental Trust shares 8.. 2.45 2 60 Leaders of Industry A 2.00 2.25 Low Priced shares 2.25 Mass Inves Trust shares 12.50 13187 Naton Wde Securtes 2.08 North Amer Trust shar (1953) 1.24 North Amer Tr shar (55-56) 1.53 1.75 Selected American shares 1.58 Selected Cumulative shares.. 425 4.40 Selected Income shares 2 26 2.33 Std Amer Trust shares 2.30 2.40 Super Amer Trust shares A.. 2 20 Trust Shares of America 2.00 2.10 Trustee Std Oil A 2.75 3.00 Trustee Std Oil B 2.62 2.87 U S Electric. Light. & Pow A 10.50 Universal Trust shares 1.88 1.98

Produce Markets

Delivered In Indianapolis prices: Hens, heavy breeds over 4Vi lbs., 10c: Leghorns. 7c; large springers and stags, IVa Ids. up. 7c; Leghorns and black and Leghorn stags. lVi lbs. up. sc: cocks. sc: Leghorn cocks, 4c. Ducks—Large white full feather and fat. over 4 lbs.. 6c: small and colored. sc: geese. lull feathered and fat. sc: voung 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 pound under 55 lbs. gross will be made. Butterfat 12c; No. 1 butter. 2045; 21c. These prices for healthy stock free from feed: no sick poultry accepted. Quoted bv the Wadlev Company. BY UNITED PRESS CHICAGO. April 7.—Eggs—Market firm, prices h ? to 3 4C higher; receipts 28,627 cases; extra firsts. 13 3 4tal3'c: firsts, 12 l * ® 12 3 4 c: current receipts. 11‘ic; dirties. 10 3 4C. Butter —Market firm, prices unchanged; receipts 10.461 tubs: specials, 19 ®T9 ] 2C: extras. 18'2C; extra firsts. 18 I *c; firsts, 18c: standards, 18' 2C. Poultry—Market unsettled: receipts 33 trucks. 1 car; fowls. 12613'ic; springers. 14® 16c; leghorns. 10' 2 c: ducks. 12® 14c; geese. 9® 11c; turkevs. 12® 18c; roosters. B'2c; broilers, 20®22c: stags. 12c. Cheese-Twins 10 6 lO’ic: longhorns, 10' 2 ® 10 3 4C. Potatoes — On ti’kck. 308; arrivals. 63; shipments. 628; market steadv: Wisconsin round whites. $ .706 77' 2; Michigan sacked Russet rurals. $ ,72’ , 2®77 1 2: Idaho sacked russets. sl3s® 1.40: South Dakota sacked early Ohios. $ .60® .65. CLEVELAND. April 7.—Butter—Market firm; extras. 22< 2 c: standards. 22>2C. Eggs —Market firm; extras. 12’4C: current receipts. 12c. Poultry—Market steadv: heavy fowl. 14615 c: medium fowl. 14® 15c: leghorn fowl. 12® 13c; heavy broilers. 18®20c; leghorn broilers. 15® 18c; No. 2. chickens. 8c; ducks. 10® 12c: geese. lCc; turkeys unders 15 lbs . 15c; old roosters. 8® 9c: capons. 17® 18c: stags, 11c. Potatoes—Ohio. New York and Pennsylvania. 100 lb. sacks, cobblers and round white No. 1. and partly graded 80®90c: New York. Ohio and Pennsylvania. sacks a bushel, cobblers and round whites, partly graded. 45G55c. CINCINNATI. April 6.—Butter—Packing stock No. 2. 13c: No. 3.11 c: butterfat delivered. 15c. Eggs—Higher: (cases included! extra firsts. 12c doz; seconds. 10c; nearby ungraded, ll'ic: duck eggs. bulk. 14c: shipping order. 15c: goose eggs, 60c. Live poultry: (Following auotations represent prices for poultry in good healthy condition. Thin and coarse stock sells only at heavy discount.) Fowls. 5 lbs. and over. 12c lb.; 4 lbs. and over. 12c; 3 lbs. and over. 12c: Leghorns. 3 lbs. and over. 11c; roosters. 7c: colored broilers. 1 lb. and over. 22c: lti lbs. and over. 22c: 2 lbs. and over. 22c: Leghorn broilers. 1 lb. and over. 20c: ' 2 lb. and over. 29c: ducks, under 3 lbs., sell at liberal concessions: ducks, white. 4 lbs. and over. 10c; under 4 lbs.. 9c; colored. 4 lbs. and over. 9c; under 4 lbs.. 8c; capons. 8 lbs. and over. 20c: under 8 lbs.. 17c: slips. 12c: guineas. 10c: turkeys. No. 1. 16c: No. 1 voung Toms, over 15 lbs.. 14c; No. 1 told Toms. 13c. NEW YORK. April 6. —Potatoes—Firm: Lone Island. 60c@5240 barrel: Southern. $2.5064.50 barrel: Maine. Sl®2 barrel; Idaho. $1.50® 190 sack; Bermuda. s6.so®> 750 barrel; Canada. $1.7561.85 barrel. Sweet potatoes—Quiet: Jersey basket. 40c®51.60: Southern basket. 40c®51.30. Flour—Firm, springs, patents. $4®4.25 sack. Pork—Steady: mess. sl6 barrel. I,ard—Firm: middle west spot, $4 55®4.65 100 lbs. Petroleum-Steadv; New York refined 17c: crude Pennsylvania. 97c®5147 barrel. Grease—Steadv: brown, 262'ec lb : yellow. 2®2: lb : white. 2 1 4®2> 2 c lb. Tallow—Steadv: special to extra. 2 3 ®2‘2C lb Common hlc^s —Inactive. Hides—Citv packer, auiet: native steers. 6c: butt brands. 5 3 4 c: Colorados. 5'2C. Dressed poultry—Quiet; turkevs. 12®22c: chickens. 13®26c: broilers. 15®25c: capons. 13®25c: fowls. 8® 17c; Long Island ducks. 12* 2 6 14c Live poultry—Steady: geese. 7® 11c: turkevs. 15®27c; roosters 9c: ducks. 11®! 12c: fowls. 12618 c: chickens. 10®22c; capons. 186 26c: broilers. 15 6 24c. Cheese —Quiet: state whole milk fancy to specials. 17619 c: voune America. 12®12' 2 c. Butter—Market, firmer: creamery, higher than extras. 19' 2 ®20 , 4C: extra. 92 score. 19®! 19xc: firsts. 90 to 91 score. 19c Eggs— Market, steadv: special packs, including unusual hennerv. selections. 14\®16c: standards. 14V314' 2 c: firsts. 13ei3‘ac: seconds. 12 ! 2 c. NEW YORK COFFEE FUTURES —April 6 RIO Hlfrh. Low. Close. March 5 07 4 90 5 07 Mav 5.43 5 42 5 43 July / 5 33 September 5 20 5 12 5.19 December 5.14 5.07 5 13 BANTOS March 7.18 7.08 7.18 Mav 7 96 7.90 7 96 July 7 64 7.55 7.64 September 7 34 7.24 7 34 December 7.24 7.19 7.24 NEW YORK RAW SUGAR FUTURES —April 6 . High. Low. Close. January 1.28 121 127 March 1 30 1 23 1.29 Mav IJA l.o# 1.15 July lsff 1.14 121 September 1.34 1.18 123 December ...........

STEADY BUYING SENDS FUTURE PRICESUPWARD Dry Weather, Strong Cable News Influences All Grains. BY HAROLD E. RAIXYILLE L'nited Pres* Staff Correspondent CHICAGO, April 7.—Advancing grain prices were materially slowed up but changed on the Board of Trade today, wheat opening •!, to 7 s cent higher. There was good buying on the dry weather in the southwest and on the stronger cables than expected, but inflation talk was not so prominent. Corn advanced with wheat, being ’i to % cent higher, with rye unchanged. Provisions were stronger but slow© Trading was not as active at the start but selling was limited and scattered purchases were sufficient to advance levels. Increasing talk of inflation overshadows all other factors in the grain pits but important influences along routine lines were not lacking. The advance of 6"i to 7% cents in the last few weeks has been accompanied by an increase in volume of transactions from 15.000,000 bushels, the February average, to 54.000.000 bushels on Wednesday. Liverpool was % to Vi cent higher at mid-afternoon. Corn is ruling equally as strong as wheat. The cash demand is good and prices are advancing steadily, showing around 13 cents over recent levels. Oats prices are rising in sympathy with the other grains and on the delayed seeding season. Cash oats was selling at 22% cents on Thursday, compared with 15 cents in February. Chicago Primary Receipts —April 6 Wheat 501,000 Corn 426.000 Oats 232,000 Chicago Futures Range —April 8— Prev. WHEAT— High. Low. 10:00 Close. May 58% 57% 57% 57% July 59 58% 58 V, 58% Sept 60% 59% 59% 59% CORN— May 34% 33% 33% 34 July 36% 35% 35% 36 Sept 38 37V* 37% 37% OATS— May 21 20% 20% 20% July 21% 21% 21% 21% Sept 22 21% 21% 21% RYE— May 46% 46% 46% 46% July 46% 46% 46% 46% Sept 46% 46% BARLEY— May 32% 31 s , July 33 % Sept 33! a CHICAGO CASH GRAIN | By United Press CHICAGO. April 6.—Cash grain close: Wheat—No. 2 red. 63c; No. 5 red, 58 %c: No. 3 mixed, 59c. Corn—No. 3 mixed, 34® 34%c; No. 4 mixed. 33%c: No. 2 yellow. 35%© 36c; No. 3 yellow, 34%® 35%'c; No. 4 yellow. 34V,®34%c: No. 5 yellow, 33%© 33%c; No. 2 white, 36%c: No. 3 white. 36© 36%c; No. 4 white. 35%; sample grade. 32®33%c. Oats —No. 2 white, 22®22%c; No. 3 white. 21%®21%c; No. 4 white. 19% ® 20c. Rye—No sales. Bariev —21©45c. Timothy—s2.ls®2.3s. Clover—[email protected]. By Times Special CHICAGO. April 7.—Carlots: Wheat, 18; corn. 98: oats. 25; rye, 0. and barley, 21. TOLEDO CASH GRAIN By United Press TOLEDO. April 6—Cash grain close: Grain in elevators, transit billing. Wheat —No. 2 red. 66®67c: No. 1 red, lc prem-' ium. Corn—No. 2 yellow. 39%®40%c. Oats —No. 2 white. 25®.26c. Bariev—No. 2. 35® 36c: track prices. 28%c rate. Wheat—No. 2 red. 62@62%c; No 1 red, 63©63%c. Corn—No. 2 yellow, 35%©36' 2 c; No. 3 vlelow. 34%®39c; No. 4 yellow. 33%© 34c. Oats—No. 2 white. 22©22%c; No. 3 white. 21%©23%c. Toledo seed close: CloverCash. $6. Alsike—Cash. $6.20. Toledo produce: Butter—Fancy creamery. 23c. Eggs —Extras, ll' 2 c. Hay—Timothy, per cwt., 75c.

Indianapolis Cash Grain

—April 6 The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b.. shipping point, basis 41% New York rate, were: Wheat—Strong; No. 1 red. 57©58c; No. 2 red. 56@57c; No. 2 hard. 55®56c. Corn—Strong; No. 3 white, 29®30c: No. 4 white. 28®29c; No 3 yellow 27%©28%c: No. 4 yellow. 26%® 27%c: No. 3 mixed, 26% @27%c; No. 4 mixed, 25%©26%c. Oats—Strong; No. 2 white. 18%®19c; No. 3 white. 18®18%c. Hay if. o. b. country points taking 23%c or less rates to Cincinnati or Louisvillei —• Steady: No. 1 timothy. $5.50®6; No. 2 timothy. [email protected]. —lnspections Wheat—No. 1 red. 1 car; No. 2 red. 1 car. Total. 2 cars. Corn—No. 2 white. 1 car. No 3 white. 7 cars; No. 2 yellow. 2 cars; No. 3 yellow. 20 cars: No. 4 yellow, 7 cars; No. 5 yellow. 2 cars; No. 6 yellow. 1 car; No. 3 mixed. 2 cars. Total. 42 cars Oats—No. 2 white. 18 cars: No 3 white. 12 cars: No. 4 white. 3 cars; sample white. 2 cars; No. 2 mixed. 1 cap. TotaL 36 cars. INDIANAPOLIS WAGON WHEAT City grain elevators are paving 53c for No. 2 soft wheat. Other grades on their merits.

In the Cotton Markets

CHICAGO —April 6 High. Low. Close. January 7.19 7.08 7.19 March 7 35 7.18 7 32 May 6.63 6 43 6 58 JulV 6.80 6.65 6.76 October 7.03 6 88 6 99 December 7.16 7.02 7.11 NEW YORK January 7.12 6.97 7.09 March 7.23 7.10 7.21 May 6.54 6 40 6.50 July 6.70 6 56 6.66 October 6.92 6.77 6.88 December 7 05 6 89 7.02 NEW ORLEANS January 7.06 7.04 7.05 March .. 7.21 7.18 719 May 6.51 6.36 6.47 July 6 67 6.54 6 63 October 6 86 6.85 6.36 December 7.00 6.99 7.00

Daily Price Index

Bjt l iiitrd Prrsx NEW YORK. April 6 —Dun & Bradstreet's daily weighted price index of thirty basic commodities, compiled for the United Press; (1930-1932 Average, IOOi Today 74 40 Wednesday 73 S3 Week ago 71.71 Year ago 78.02 1933 high iApril 6) 74 40 1933 low iJanu. 20 1 67.86 Marriage Licenses Charles E Barker. 24. of 567 South Harris avenue, bookbinder and Margaret Miller. 34. of 435 South Harris avenue, store owner Leach Cook 40. of Westfield farmer, and Flo Bf Smith. 55 of 1202 North Capitol avenue, housework. Adrian Wiison Marvell. 25. of 4724 West Washington street, salesman, and Gene Bartlett. 21. of 111 East St. Clair street. Apt. 7. housework. Fredrick Eugene McMillan. 23. of 634 East Ohio street, transfer man. and Anna Elizabeth Curtis 19. of 634 East Ohio street, stenographer. Harry Lvnn Pterson. 30. of Long Beach. Cal aviator, and Mary Jane Gray. 19. of Cleveland, housework. Alvin Maxev Graven. 22. of 634 East Ohio street, photographer, and Sally Urban 18. of 634 East Ohio street, photographer. Dr Emmett B Lamb. 32 city hospital, physician, and Margaret F Kluger. 29 of 738 Orange street, laboratory technician. Gale Thaddeus Smock. 21. of 858 Buchanan street, clerk, and Vivian Mae Fox. 20. of 115 East Palmer street, housework. J Alfred Adkins. 24. of 6138 Evinston avenue, iceman, and Virginia Marie Stalcud. 20. of 2424 College avenue, housework. Theodore Kenneth Cockerham 25. of Elwood. electrician, and Inez Mania. 23. of Col-Ten apartmets cashier. Jennings Alfred Streifus. 28. of 21 North Grant avenue, clerk, and Cecile Ellen Hodges 28. of 225 " th Illinois street, stenographer.

Rise of 25Per Cent in Price Level Forecast for 1933

Administration Policies Will Boost Levels, Is Prediction. The average price level of commodities and general merchandise will be fully 25 per cent higher than current levels before the end of the year, ip the opinion of the Textile Organon, published today by the Tubize Chatillon Corporation. "This prediction." it was pointed out, “is based on the premises that the new administration is committed to higher prices and that there is an intangible lower limit' of deflation. “The higher prices,” the publication added, “will come about, obviously by natural or by artificial means. The natural method would result from an increased demand for goods, improved business activity and declining unemployment. So far. this result has not been obtained. although it is still too early to judge of the future. After all. the banks have only been open about three weeks and the unclogging of credit and business must take time. RESIGNS INSURANCE POS Connecticut General to Open Branch Office Here. L. D. Bell, general agent for the Connecticut General Life Insurance Company in Indiana, has announced his resignation, effective May 1. Bell opened the Indiana territory for the company in 1924 and brought his company up to fifteenth place in paid production in five years. The Connecticut General plans to open a branch office in Indianapolis in the Meyer-Kiser building. The new manager will be announced later. LIFE SPAN INCREASES New Orleans Residents Are Living Longer, Says Authority. By United Press NEW ORLEANS. April 7.—The life span of New Orleans’ white population increased tiventy-nine years during the last thirty years, according to Dr. W. H. Robin, superintendent of the city board of health. The average death among whites occurs between 60 and 70 today, he said. CHEESE JDUTPUT HUGE 3,000,000 Pounds Produced by Wyoming Each Year. B’l United Press CHEYENNE, Wyo.. April 7. Enough cheese is produced in Wyoming to make cheese sandwiches for just about every man, woman and child in the United States. Officials of the State Department of Commerce estimate that more than 3.000.000 pounds of Swiss and American cream cheese is produced annually by ten factories in the Star Valley and three factories in Pinta county.

BUSINESS NEWS SUMMARY

National Power and Light Company declared the regular quarterly dividend of 25 cents on common stock, payable June 1. of record May 10 Heavy melting scrap steel in Pittsburg advanced 50 cents a ton to $9.50. The Great Atlantic A Pacific Tea Cos. reported that beer is being sold in practically all of their stores in the metropolitan areas. Broker loans during the week ended April 5. increased $5,000,000. Nonbroker loans decreased $18,000,000. Approximately 95 per cent of holders of Great Northern Railway first and refunding bonds have assented to the proposal for extending the bonds of the company. Births Bovs Stanley and Leila Thomas, 517 Spring. Rav and Stella Hawkins. Coleman hospital. Delbert and Christine Like. Coleman hospital. Raymond and Margaret McAvoy, Coleman hospital. Roy and Maxine Robertson, Coleman hospital. Kenneth and Thelma Rooker, Coleman hospital. Earl and Henrietta Wilson, Coleman hospital. Francis and Mary' Jones. 1407 Blaine. Girls ohn and Illene Davenport. 1336 Bellefontaine. Joseph and Juanita Bardash, Coleman hospital. Stanley and Vera Buntain, Coleman hospital. George and Ruth Gerking. Coleman hospital. Charles and Pauline Goodman. Coleman hospital. Harold and Laura Kely. Coleman hospital. Alvin and Mary Macha. Coleman hospital. Francis and Alice Moore. Coleman hospital. Deaths Grace L. Haves. 61. 317 N DeQuincv. chronic myocarditis. Katherine Marie Freeman. 64. 2243 E. Garfield drive, influenza. Catherine Fink. 63. at St. Vincent's hospital. carcinoma Frank A. Pickerill. 78. 1314 Ewing, cerebral hemorrhage. Rufus Earl Cunningham. 53, city hospital. cerebral embolism. Arthur R. Michel. 56. city hospital, hypostatic pneumonia. Mary Ransdell. 71. 1731 N. Oapitol, chronic myocarditis. Marv Ella Swift. 80. Long hospital, arterio sclerosis. Henry Bushing. 84. St. Vincet's hospital, fractured of righ hip. Lenna B Martfn. 60. 217 Spink Arms hotel, carcinoma Belle Yancey. 53. 424 West New York, lobar pneumonia. James Fletcher Williams. 83. 839 South Meridian, arterio sclerosis John 7 Allen. 20. Methodist hospital, lobar pneumonia. Abraham Brummell. 69. citv hospital, hypostatic pnemonia Building Permits Albert Heil, 2709 Station: five fixtures. The Wiebke Cos.. 6 East Washington, one fixture. R Bardy. 609 North Keystone; five fixtures. Cool: Bros., Thirty-eighth and College, nine fixtures. Strong Bros., 1080 West Michigan: 124 fixtures. Rollin M Cotton; East Washington and Webster: four fixtures. John Gottmeoller. 1347 North Meridian; four fixtures. Bremer Bros.. 745 North Capitol; three fixtures. Freyn Bros., 319 North Capitol; one fixture. C. A Johnson. 2916 Central; three fixtures. Dretsch Bros., 4323 Broadway; one fixture.

The Price of Safety S3 a Year and Up Rent a Safety Deposit Box FIDELITY TRUST CO. 148 E. Market St.

★ SINCE 1839 Fletcher American NATIONAL BANK Southeast Corner of Market end >nnjylvanii

FIGHTS INSULL PENSION

jf

Pensions totaling SIB,OOO a year paid Samuel Insull by Iris Chicago power companies have been attached by James P. O’Grady, above, who is suing the former utilities magnate for $30,000. O'Grady, a Chicagoan, says Insull personally guaranteed bonds in which O'Grady invested.

EXPERTS TASTE 800 VARIETIES OF WINE Only Few Drops of Each Is Sampled in French Contest. EPINAY, France, April 7.—With 800 different varieties of champagne to be tasted, experts here admitted that they actually drank only a few drops. More champagne was sampled—and less consumed—when the wine growers here gave a “champagne fair" than at any time in recent years. Prizes were awarded, according to the judgment of the official tasters, and the 1932 vintage generally was considered to have “brought home the bacon." Champagne of 1932, however, is begging on the market. The average price to dealers for the new champagne was S6O for a unit of 200 quarts. Anew way of qualifying champagne proposed is to ally the name of champagne with the name of the small commune in which the vintage grows. There are dozens of different champagnes and red sparkling wines from the same region. 785 ARE LIFE CONVICTS Texas Jails House Hundreds Who Will Die in Prison. By United Press HUNTSVILLE. Tex.. April 7. Texas has 785 convict prisoners who never will be liberty again, unless granted clemency. A recent tabulation showed that 237 are sentenced for life. Besides, there are 548 with sentences of more than fifty years, which penologists agree is tantamount to ending their days in prison. FINANCE IS” NEW~~FAD Run Made on Technical Books at Public Library. By United Press PHILADELPHIA. April 7.—Libraries of Philadelphia report a tremendous “run" on books dealing with the formation and use of money and currency since the bank moratorium. “People are anxious to learn the real purpose of money,” one official said, “ and are reading and studying economic books which had little tise a few years ago. From it all may come a better conception of our entire system." Boston Latin School Famous BOSTON, April 7.—So famous is the historic Boston public Latin school, dating back to 1635, that eighty-eight students commute from surrounding cities and towns daily and pay tuition for the privilege of it.

GOVERNMENT BONDS NElm S6ll 415 Lemeke Bid*. TODD ABBOTT, HOPPIN & COMPANY 203 Continental Bank Building Indianapolis Stocks Bonds Grain MEMBERS: New York Stock Exchange New York Curb Exchange Chicago Stock Exchange Chicago Curb Exchange Chicago Board of Trade Co-Managers JAMES T. HAMILL KENNETH K. WOOLLING Riley 5492 A Small Initial Deposit and 20 Monthly Payments , . . enables you to acquire the leading Dividend Paying Stocks at today's prices, through onr Cumulative Investment Plan J.LMarks & Company stabl!ohxd in* Suit* 724 Circle Tower Lincoln 8584 i t ■' " ■ ' ■

Thomson & McKinnon NEW YORK CHICAGO TORONTO INDIANAPOLIS MEMBERS New York Stock Exchange Chicago Board of Trade New York Cotton Exchange Chicago Stock Exchange New York Curb Exchange Henry Holt \ John W. Jordanj Resident Partners 200-214 Circle Tower LI ncoln 5501 1

PAGE 27

PROFITS WOULD BE ELIMINATED BY NEW TRUST Overhead Only Expense in Projected Investment Unit. By T<mf Special NEW YORK. April 7.—Frank A. Vanderhp. financier, formerly head of the National City bank, has plans drawn for a giant investment trust to be run along almost philanthropic lines, it was learned today. No date has been set for the launching of the enterprise, but it is quite probable that it will begin to function when Vanderhp ail his associates decide that the time is opportune. The idea has been in Mr. Vanderlip's mind for many years, close friends of his say. and he has made no secret of his theories as to how an investment trust should be organized and operated. Vanderlip’s investment trust would be operated almost like a mutual savings bank with a board of direc* tors picked from the ranks of prominent men having absolutely no interest in the creation or distribution of securities. It would be run on a cost basis, with no charge levied against investors except their share of the overhead. This trust would sell its certificates to the smaller investors but, as it would not be run for profit, there would be no sales pressure in connection with the distribution of the certificates. It is believed that such an investment trust would soon grow into the billion-dollar class. Participants would not be encouraged to buy the certificates with the idea of making large profits. The trust would make regular statements of its portfolio and a regular market would be maintained for its certificates. John J. Rascob in 1929 announced that he was working on plans for an enormous investment trust that would guarantee the safety of investments for the working classes, but the plan never materialized.

Breed, Elliott & Harrison Established 1912 109 N. Pennsylvania St. Street Floor Indianapolis GOVERNMENT BONDS FEDERAL AND JOINT STOCK LAND BANK BONDS REAL ESTATE PREFERRED STOCKS AND BONDS Quarterly Income Shares

Pfaff & Hughal INCORPORATED Active Trading in Joint Stock and Federal Land Bank Bonds 2ND FLR. ILLINOIS BLDG. Market and Illinois Sts. Lincoln 2565. Indianapolis Direct Private Wire to Principal Markets