Indianapolis Times, Volume 44, Number 291, Indianapolis, Marion County, 15 April 1933 — Page 9

'APRIL 15, 1933'.

STOCKS STAGE SHARP RISE ON STRONG BUYING Rally in Commodity Prices Starts Upswing in Securities.

Average Stock Prices

Average of thirty industrials for Wednesday high 61 08 low 5068. last. 60 26. off Bft Aierag' of twenty rails 26 23, 25 63 25 80. off 37 Average of twenty utilities' 21.14, 20.51 20 68. off 54 Average of lorfy bonds 74 27. off 09 Average of ten Hrst rails. 82 87. off .17 Average of ten second rails 54 41 olf 01. Average of ten utilities 88 27 off .02. Average of ten industrials 68.54. of! 16. BY ELMER C. WALZER United Press Financial Editor NEW YORK, April 14.—Stock, bond and commodity markets leaped substantially in the pre-holiday trading: Thursday, while the American dollar experienced its sharpest reaction of the year. All the major markets of the country will close Friday for Good Friday. The Stock Exchange, Curb Exchange. Chicago Stock Exchange, and many of the commodity markets will reopen for the short session Saturday. In Europe markets will remain closed until Tuesday morning. That, was one of the factors in the break in the dollar. Traders in foreign exchange did not want to keep commitments in the dollar over the prolonged shutdown during which anything might happen, and sold their dollars. Another reason for the decline was the spread of inflationary talk in Wall street and in Washington. When the dollar was at its lowest level with the pound sterling up more than 5 cents and other currencies correspondingly higher, commodities swung forward with a lurch that immediately set off buying in stocks. These movements might be interpreted as based on inflation outlook. In the case of the bond market, however, there was no adequate explanation for the rise. If inflation comes, experts say, the trend of bonds would be downward. Wheat spurted 2 cents a bushel from the lows and closed at net gains of Its to 1% cents, while corn was up more than a cent; cotton was sharply higher; rubber futures hit new highs; silver jumped to new highs on the movement; sugar futures made new tops for the rally. Stocks of companies dependent on commodities were first to respond. Case and International Harvester in the farm equipments were strong and active; International Silver issues followed silver prices up; American Sugar hit anew 1933 high on the rise in sugar futures; wide gains were made by Corn Products, Great Western Sugar issues. Purity Bakeries and National Biscuit. Steel common was carried to within a fraction of its high for the year. It touched 33%, up 2 points net while the preferred rose nearly 4 points, and other steels made wide gains. Republic was up a point, Youngstown more than a point and Bethlehem Steel preferred more than 2 points.

Bank Clearings

INDIANAPOLIS STATEMENT —April 14— Clearings $1 313,000.00 Debits . . 3,571,000.00 TREASURY STATEMENT —April 14 — Net balance for April 12. .. .$M6.094,034.00 Expenditures Customs rects., mo to date., 6.813.264.91 New York Bank Stocks ißv Thomson & McKinnon —April 13Bid. Ask. Bankers 57% 58% Central Hanover 120 126 Chase National 22% 23% Chemical 32% 33% National Cltv 26% 27% Corn Exchange 56 59 First National 1.130 1.160 Guaranty 272 276 Irving 16% 17 Manhatten & Cos 20% 21% New York Trust 77 80

Foreign Exchange

(By Abbott. Hoppin & Cos.) —April 13— Open. ' Close. Sterling. England $3 41% $3 44% Franc, France 0394' 2 0398 Lira. Italy 0512% .0514 Belgas. Belgium 1398 .1403 Mark. Germany 2379 .2382 Guilder, Holland 40*6 .4058 Peseta, Spain 0850 0850 Krone. Norway 1747 . .1760 Krone. Denmark 1522 .1530 Yen. Japan 2130 .2130

CHICAGO STOCKS

(Bv Abbott. Hoppin it Cos.) —April 13— ... High. Low. dose Asbestos Mfg . 2% Bendix Aviation 9% 9% s>u Borg-Warner g’ R ij Butler Bros 2% 2% 2% Cent ft So West . .. Chi & North Western.. I 2% 3 Chicago Corp Com .. . 1% i% Chicago Corn pfd ... 17V, 13', 133. Chicago Yellow Cab .. 7%. 7'j 71, Cities Service . .. .. 2% 2% 2% Commonwealth Edison . 53% 50% 50% Cord Corp ... 5% 5% 51, Electric Household .. . 4 . 43. Libbv-McNei! 2 Marshall Field .7% 7 7 Noblltt-Sparks Ind Inc 14% 14 14 Public Service N P 20 18% 18 * 2 Quaker Oats 85% 85 85 Swift *Co . 11% 10'- 11% Swift International 17% 16% 17% U S Ovpsum com 24 U S Radio & Tel 8 YValgreen Cos com 13% 13 13%

Daily Price Index

P;i T'nitrd Press NEW YORK. Arril 13 —Dun & Bradstreets dailv weighted price index of 30 haste commodities, compiled for the United Press: (1930-1932 Average. IPO' Today 75 97 Wednesday 75 56 Week ago . 7-t 40 Year ago ..... . 77 oa 1933 High April 13) 75 07 1933 Low (Jan 20) . 67 86 NEW YORK RAW SUGAR FUTURES •-April 13High Low Cio'e January . 1 27 121 1 27 March ... . 1 30 1 24 1 30 May 115 108 115 July ~ 120 113 120 September 123 116 123 December 1 26 1 20 1 26

We Offer CREAM OF WHEAT CORPORATION COMMON STOCK at Market. Listed **n New York Curb Exchange T. P. Burke & Cos. Incorporated SUITE m CIRCLE TOWER PHONE Rile. 8536.

★ SINCE 1839 FLETCHER AMERICAN NATIONAL BANK SoutheoH Corner of Moriat r.id Pnntylvomi

New York Stocks “ — ~~~ — 'By Thomson & McKlnnom —' ~~"

—ADril 13— Railroad*— Prev. High. Low. Close close. Atchison . . 43 ', 41% 42% 41'* At; Coast Line. 20% 19% 20% ,19% Ba;t it Ohio . 10 V% ft * 9% Chesa A- Ohio . 28% 28 28' 28 Chesa Coro 17% 17% 17% 17 Can Pac B’* B'-* 8% 3% Chi Ort West 2 Chi N West 3’. 33 2’, C R I & P . .. . 2% Del L& W . 2120% 20% 20% Del it Hudson 51 49% 50 1 a 49% Sne 4% Er: Ist ofd . .. 5% 5% Oteat Northern. 8% 8 8% 7% Illinois Central 12 ll‘i 11% 11 % Lou & Nash . 31 -i 36 31'-* 30 M K it T 7' 7'. 7 *i* 7', Mo Pacific ... .. I', 1% Mo Pacific ofd . 2'* 2 N Y Central 18 17 •* 17% 17U N Y N H it H I>4 13* 2 13*4 13’* Nor Pacific 13% 12% 12% 12% Norfoir: & West 125 123 125 119* 2 O A- W . 9' 2 9 9% 8% Pennsylvania 17% 18** 17** 16% Readme .. .. 24* 2 So P'.nflr 15*4 14% H'j 14'* Southern Rv . . 6** 6*. S' 2 6'* St Paul I'* 8t Paul pfd . . 2'. 2'* Union Pacific ... 88 64'* 66 64% Equipments— Am Car it Fdv . 9% B** ft 3 * 8% Am Locomotive.. 10’* 9% 10 1 2 9 s * Am Steel Fd . . 8 7% '7 3 * 7% Am Air Brake Sh 15% 14 * a 15% 14 * a Oen Am Tank . 19% 19 19’, 19‘* General F.ler . 14% 13’, 14’* 14 Gen Rv Signal.: 20' 2 19% 20 19% Lima Loco . 15% 14 ’ 2 15*4 14 * a N Y Air Brake . ... ... .9 Poor it Cos 2' 2 2** Pullman 26’, 25’, 26* 2 25 1 a Westmgh Ar 8.. 17’, 17% 17% 17*a Wrstingh Elec.. 28% 26% 28% 26% Rubbers— Firestone 12% 11 11’4 10*4 Gondrichc 5% 5% 5 3 * s', Goodvear 18% 17V, 18 16% Kellv Snrgfld ... 1% 1% 1% Lee Rubber ..... 5% 5 5 U R Rubber .... 4% 4% 4% 4% Motors— Auburn 37% 35’, 36% 35% Chrysler 12% 11 s , 12% 11% General Motors. 14 13% 13% 13 s , Graham Paige .. 1% 1% 1% 1% Hudson . 4% 3’, 4 4 Hupn ... 2 Mack 25% 24% 25% 24% Marmon % ... Nash 12 % 11% 12% 11% Packard I’, I’* I’, I’ 4 Reo 2% 1% 2 1% Studebaker 2 I’, 1% 1% Yellow Truck 3% 3% Motor Acres,— Rrndix Aviation. 9% 9% 9% 9% Burg Warner ... B’, 8% 8% 8% Briggs .. . 4 3% 4 3% Budd Wheel 1% 1% Campbell Wy 3% ... Eaton ... 4% 4% El Auto Lite 14 13 13% 13 El Storage B ... 27% 27 27% 26% Honda .. 1% 1% l’a I s , Motor Wheel ... 2% 2 2 2% Murray Bndv ... 3 2’, 3 a% Sparks W .. ... 1 Stewart, Warner. 3% 33% ... Timkin Roll 17% 17 17% 17 Mining— Am Metals 5% 5 5% 4*4 Am Smelt 19% 17% 18% 17% Am Zinc . . 3% 3% Anaconda Cop .. 8% 7% 8% 7% Alaska Jun 14’, 14% 14’, 14 Cal it Hecla 2% 2% 2% 2% Cerro do Pasco 12 10% 11% 10% Dome Mines.. . 15 14% 14 s , 14'* Frpeport Texas.. 24% 22% 21 22% Granby Corn .. fi% 5% 6% ... Great Nor Ore.. 6’, 6 6’* 6 Howe . Sound ... 11’* 10*4 11% 10% Int Nickel. 9% 9% 9% 9% Inspiration ... 3'* 2’* 3% 2% Kennecott Cop . 12% 11% 12'/, 11% Magma Cop 7% 7% 7% 7% Miami Copper.. 2 s , 2’, 2% 2% Nev Cons s’, 5% 5% Noranda 19% 19% 19% 19% Texas Gul Sul. 21 19% 20% 20’2 U S Smelt ... 29% 28% 277, 277, Oils— Amerada 27 24% 27 25 At 1 Rrfinine. , . 17% 16% 17 16% Barnsdall .... 4% 3% 4% 4 Houston 2’, 2% 2% 2’, Sbd Oil 21% 20% 21% 19% Mid Conti 5% 5% 5% 5% Ohio Oil 7 5 , 7 7*4 7 Phillips 7% 6% 7% 6% Pure Oil 3% 3% 3 s , 3% Richfield .. % % Royal Dutch . . 19% 19 19% 18% Shell Un 5Va 4% 5% 4% Simrrs Pt .... 6 5% 6 Con Oil 6% 5% 6% 5% Skellv 4 3% 4 Standard of Cal, 25% 24 24% 24% Stand of N J . 2874 27% 28% 27*4 Soc Vac 7% 6% 7% 6% Texas Cos 14% 13% 14', 13% Union Oil ..... 10% 10 10% 10 Steels— Am Roll Mills .. 9% 8% 9% 8% Bethlehem 17% 16% 17% 16% Byers AM 13% 13 137, 12% Colo Fuel 5% 5% 5% 5% Cruc Steel 12% 12 12% 11% Inland 19% 18 19*4 17*4 Ludlum ... 5% ... McKesport Tin... 5874 56 58% 56% Midland 6 5% 5% 57 2 Newton .. 2% ... Repub I& S .... 7 6% 6% 6 U S Steel 33% 31 % 33 31*4 Vandaium 13% 12% 13*4 12% Youngst S & T.. 13% 12 12% 11% Tobaccos— Am Sumatra 954 8% 9 9*4 Am Tob 1A * New 62% 61*4 62% 61% Am Tob (B) Nek 65% 63 65% 63% Con Cigars 6 5% 6 Lig & Myers B . 6674 637, 66% 63*4 Lorillard 14% 14% 14 s * 14 Reynolds Tob .. 32% 31% 32% _ 31% Utilities— Adams Exp 454 4% 4’* 4*4 Am For Pwr .... 5% 5 s’, 4’, Am Pwr & Li... 5% 4% 4’, 4% AT&T 94*2 91% 93% 91% Col Gas & E 1... 12% 11% 12 11% Com & Sou ... 1% I*2 Cons Gas ....... 46 s , 44% 45% 43% El Pwr & Li 4% 4 4% 4 Gen Gas A % ’a Inti T & T 7% 6% 7 6% Lou Gas & E 1... 15% 15% 15% 15 Natl Pwr & Li... 9% 9 9% 9 No Amer Cos ... 19% 18% 18% 18% Pac. Gas & E 1... 23 22% 22% 22 Pub Ser N J . . . 37% 36 37% 36 So Cal Edison... 19*2 18% 19 19 Std G & El 8% 7 3 * 8 7% United Corp .... 6% 5% 6*4 6 Un Gas Imp ... 16 15% 15% 15% Ut Pwr & L A. 2% 2 2 2% West Union 22% 20% 21% 20% Shipping— Am Inti Corp .. 7% 7% 7% 6% N Y Ship 7% 7'* 7% 7% United Fruit ... 35% 34% 35% 34 Foods— Am Sug 42% 39% 42% 39% Armour A 2% 2 2% 2% Beechnut Pkg . . 50% 50 50 s * Cal Pkg 13% 12% 13% 12’* Can Drv 11 10% 10% 11 Childs Cos 3% 33% 3 Coca Cola . 82% 81% 824 814 Cotit Bak A . . 4% 4*2 4% Corn Prod 59-% 57% 59% 57% Crm Wheat .... 27% 27% 27 s * 27% Cudahy Pkg 26% 26% Cuban Am Sug.. 5% 4’, 57* 5 Gen Foods 26% 25 7 2 267* 25 Grand Union ... 44 3’, 4’, 4% Jewel Tea ... 29 28 Kroger . .-. 22% 20% 22% 20% Nat Biscuit 40 38% 40 38% Natl Dairy ... . 14% 13% 14% 14% Purity Bak . ... IP’s 9% 10% 9% Fillsbury 15*2 14% 15% 14% Safeway St .... 37% 36 36% 35 Std Brands 17 16% 16’* 16% Drugs— Cotv Inc 3

- THIS CURIOUS WORLD , -

e 1933 1 NU SCRVICt INC. IT TAKES ABOUT \v; 7WO 77D/VS yQOS£S 70 PROOUCE ONE POUNO 1 V OF ATTAR OF ROSES./ X'-I 1 \ <?f\tckc?o ■ n WAS ERE cTt 0 \ DOES NOT JERK. ■ OOR'N6 TH6 \ ITS HEAO &ACX ANO ■ civu-aaR-. I "HEN rr runs, but jerks rr FO&MAPD ■ J ONLY/ THE HEAD PAUSES LONS ENOUGH ■ FOR THE BODY TO CATCH UP, AND THEN PUSHES FORWARD AGAIN.

"Freedom,” the statue which adorns the dome of the Capitol at Washington, was modeled in Rome in 1860 by Thomas Crawford, an American sculptor, and the .bronze was cast in Baltimore The figure is 194 feet tall

Drug Inc 36% 33 4 35% 34 Lambert Cos . 26% 24% 26 24% Lehn & Fink ... 17% Industrial,— Am Radiator ... 7 7% 7% 7% Gen Asphalt ... 7*2 6’, 7% 7 Ot. E.ev . .. 12% 12% 12% 12% Indus Chem,— Air Red 60 s , 584 58% 58% Allied Chem .86 82 * 854 82% Com Solv . . 14% 14% 14% 13% Dupont 40’, 39 40% 38*, Union Carb 26% 25% 26% 25 U S Ind Alco. 25% 24% 25 244 Retail Stores— Assoc Dry Gds . 6% 5% 6 5% Gimbel Bros 1% 1% 1% 1% Kresge S S .7 Bs,8 s , 8% 6% May D Store . 16 15% 16 14% Mont Ward . . 15 14% 14% T 4% Pennv J C 25’, 24% 25% 24% Schulte Ret St.. % % % % Sears Roe . . 19% 18% 19% 18% Woolworth 30 s , 23% 30% 29 Amusements— Bruns Balke . 4% 47* 4% 4% Eastman Kod 55% 53 55% 52% Fox Film A ....; 1% 1 1% 1 Grigsby Gru % % Loews Inc . . 13% 11% 13% 11% Radio Corp 4% 4 4% 4% R-K-O 1 Warner Bros ... ... 174 1% .Miscellaneous— City Ice & Fu 11% Congoleum . 8% B*4 8% 7% Proc it Gam .29 28 29 27% Allis Chal 9% 9 ft 1 * 8% Am Can 62% 60% 62 60 J I Case 50’* 47% 494 47% Cont Can 46’, 45% 46% 45% Curtiss Wr 1% 1% 1% I s , Gillette SR.. 13% 12% 13 12% Gold Dust ... 16% 15% 16% 15% Int Harv .. 25% 23 s , 24 5 , 23% Int Bus M ... 96 94 95% 94 Real Silk ..... . ... 7% ... Un Arcft ...... 23 22 22% 21% Transamerica .. 4% 4% 4% 4% Owens Glass ... 44% 43 43% 42'/ 2 New York Curb By Thomson & McKinnon. —April 13—' Alum Cos of Am 43 'int Pete 10% Am Cynamid... 6% Mead Johnson. . . 497, Am G & Elec. . . 21% Mt Prod 3 Am Lt & Trac.. 14 Nat Bellas Hess. 1% Am Cuper Pwr. 3', Nat Inves 1 3 * Ark Gas A 1% Nat Aviation ... 6 Ass Gas & Elec. 1% Newmont Min .. 21% Can Marconi.. % Nat B & Shar... 25% Cent Sts Elec.. 1% Nia Hud Pwr... 10% Cities Service... 2 *4l Pen road 1% Cons G of Balt 44% St Regis Paper.. 2% Comm Edison,. 51 iSel Indus I*4 De-r & C 0... 13% Std of Ind ... 19*, Elec Bnd & Sha 13 Trans Air Trans 4 Ford of England 3% United G inewi 1% Great A & P .153% Un Lt & Pw (A> 2% Gulf Oil 32 Un Verde . .. 2*4 Hudson Bay... 3%'TTt Pwr ........ % Humble Oil 47 *4 Van Camp .... v. Imp Oil of Can. 7 lUn Fndrs . . .. 1

Investment Trust Shares

(By Abbott, Hoppin & Cos.) i —April 13-* . Bid. Ask. American Bank Stocks Corp.. .95 1.20 American Founders Corp 87 1.25 American & General Sec A.. 3.25 5.25 Basic Industry shares 1.96 .. . British Type Inc Tr sh .38 42 Collateral Trustee shares A.. 3.12 3.50 Corporata Trust shares fold 1.50 .. . Corporate Trust shares (newt 1.51 1.65 Cumulative Trust shares 2.58 Diversified Trust shares A.. 6.00 Diversified Trust shares 8... 475 525 Diversified Trust shares C.... 1.98 2.02 Diversified Trust shares D 3.37 362 First Insurance Stock Corp.... 1.75 205 First Common Stock Corp .... 1,50 1.35 Fixed Trust Oil shares A 5.67 .. Fixed Trust Oil shares B ... 451 Fundamental Trust shares A.. 2.78 288 Fundamental Trust shares 8.. 2.71 2.76 Leaders of Industry A 2.00 .... Low Priced shares 2.50 Mass Inves Trust shares .... 13.00 14.50 Nation Wide Securities 2 26 North Amer Trust shares '1953 1.31 North Amer Trust sh 155-56> 1.64 185 Selected American shares 1 69 Selected Cumulative shares . . 459 4.70 Selected Income shares 241 249 Std Amer Trust shares 2.42 252 Super Amer Trust shares A... 2.35 Trust Shares of America .... 2.19 225 Trustee Std Oil A 3.00 3.50 Trustee Std Oil B 275 300 U S Electric Lt & Pwr A.. . 10 75 Universal Trust shares 1.99 '2.08 CHICAGO FRUIT MARKET By United Press CHICAGO. April 13—Apples—Michigan Spies bushel. *1.25 Illinois Willow Twigs bushel. $11*71.25: Winesaos bushel. 51.3547 l.oO: Illinois Jonathons bushel. 51.40® 1.50. Births Girls Le Roy and Mary Spaulding. 1610 South Sherman drive. Freeman and Florence Smock. Methodist hospital. Lffwrence and Celestine Sanders, St. Vincent's hospital. Raymond and Mary Luichinger. St. Vincent's hospital. Earl and Etta Roys, Coleman hospital. Pierce and Naomi Mac Coy, Coleman hospital. Boys Paul and Esther Cullom, Methodist hospital. William and Dorothy Cassaday, St. Vincent's hospital. Morgan and Mary Foley, St. Vincent’s hospital. Miles and Marie Feeney, St. Vincent’s hospital. Arthur and Alice Schlangen, St. Vincents hospital. Harold and Mary Wimsett, St. Vincent's hospital. Stephen and Mary Boudreau, St. Vincent's hospital. Albert and Gladys Sigmund. St. Vincent's hospital Harry and Pearl Ebert, Coleman hospital. Deaths Edgar Shugert, 61. 1106 Parker, coronary embolis Henry E. Caplinger. 63, city hospital, uremia. Nancy Jane Lepper, 71, 2219 Avondale place, chronic myocarditis. Samuel Gunters. 44, city hospital, carcinoma. Gertrude Hansard. 33, city hospital, lobar pneumonia. Marie Volpert, 34, St. Vincent's hospital. third degree burns. Charles E. McAuley, 55. Methodist hospital. cerebral hemorrhage. Delia Foftus. 55. city hospital, cerebral hemorrhage. Catherine Carr, 72, 644 Eastern, cerebral hemorrhage. Mozella Robinson. 9 mos., city hospital, broncho pneumonia. John Conrad Biehl, 70, 1919 Southeastern. cerebral hemorrhage. William J. Hamilton, 75. 653 South Alabama, carcinoma. Clara Bramblett, 58. 321 Bernard, myocarditis. Lura B. Walker. 42, 728% Highland, chronic myocarditis.

and weighs 15.00 C pounds. It has been struck by lightning on numerous occasions, but lightning rods render it secure. Next—Whicji is longer, yoor index finger, or,jour ring finger?

THE INDIANAPOLIS TIMES

SWINE MARKET SHOWS STEADY TRADINGRANGE Cattle, Calves Unchanged: Spring Lambs Sharply Higher at $lO. Trading on hogs at the Union Stockyards Friday displayed a steady trend. Most all classes were steady with Thursday's average. The bulk of 160 to 300 pounds, sold at $3 70 to 53.75. Early top held at $3.80. Weights scaling from 120 to 160 pounds, sold at $3.25 to $3.55, while heavier kinds from 300 pounds up, held at $3.60 to $3.65. Receipts were estimated at 6,000; holdovers 663. Only slight action was shown in the cattle market, with practically all classes remaining unchanged. Receipts numbered 300. Vealers neld steady at $5.50 down. Receipts were 500. Sheep and lambs were strong, with few spring lambs selling sharply higher at $lO. Other classes were undeveloped in the early session. Receipts were 600. Trading was active on hogs at Chicago, with bids and sales around 10 to. 15 cents higher than Thursday’s average. The bulk of good to choice porkers scaling from 170 to 240 pounds, sold at $3.90 to $4. Early top held at $4. Receipts were estimated at 13,000, including 6,000 direct; holdovers, 2.000. Cattle receipts were 1,000; calves, 500; market steady. Sheep receipts numbered 10,000; market unchanged. HOGS Abril Bulk. Top. Receipts. 7. $3.80® 3.85 $3.90 6,000 8. 3.80® 3.85 3.50 2 000 i?' l Vl ra: 375 380 6.500 11. 3.70@ 3.75 3.30 6 000 12. 3.80® 3 35 3 90 7.000 } 3 - 3.700 3 ' 75 3.80 8.000 14. 3. |o® 3.7a 3 80 6.000 Market, steady. (140-160) Good and choice $ 3.45® 3.55 „ —Light Weights—-(l6o-180) Good and choice... 3.75 (180-200) Good and choice. ... 3.75® 3.80 „„„ ... —Medium Weights—nSS'nix 1 ,P ood and choice.. 3.75® 3.80 (220-250) Good and choice ... 3.75® 3,80 —Heavy Weights—oo2*^22, Good and choice .. 3.70® 375 (290-350) Good and choice... 3.60® 3.70 —Packing Sows—(3so down) Good : 3.15® 3.40 (360 upt Good 3.00® 3.25 (All weights) Medium 2.75® 3.15 —Slaughter Pigs—-(loo-190) Good and choice .... 3.15® 3.25 CATTLF Receipts. 300: market, steady. (150-1.100) Good and choice $ 5.00® 675 (I C IO0 1 - I ?sW)l— d mediU “ 3.25® s ' oo Good and choice 4.25® 6 50 Medium 3.50© 4.25 (sso-750i Good and choice 4.50® 5 75 1750 900°n and medlum 3.25® 4.50 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 CO Low cutter and cutters 1.50® 2 50 „ . — 3 Bulls (yearlings excluded) Good (beef) 2.50® 3.25 Cutter, common and medium.. 1.50® 2.50 VEALERS Receipts, 500; market, steady. Good and choice $ 4.50® 5.00 Mf andl um 3 0047 4.50 Cull and common 2.00® 3.00 —Calves—-(2so-500) Good and choice 4.00® 5.00 Common and medium 2 50® 4 00 , BnA eeaer and Stocker Cattle—-(soo-800) Good and choice 4.50® 5.75 , and medium 2.75® 4.50 (OUU-I.UDO! Good and choice 4.50® 5.75 Common and medium 2.75® 4.50 SHEEP AND LAMBS Receipts. 600; market, steady. —Lambs. Shorn Basis—(dO lbs. dowm Good & choice. S 5.00® 5.60 <9O-110 lbs.) Good and choice 4.50® 5.00 '9O lbs. down) Com. & med.. 3.00® 5.00 Spring lambs 8.00®10.00 _ —Ewes— Good and choice 2.00® 3 00 Common and medium I.oo® 2.00 Other Livestock BY UNITED PRESS April 14.—Hogs—Receipts. 13.000. including 6,000 direct; mostly 10c higher than Thursday on all classes; bulk desirable 140-280 lbs., 53.70® 3.95; top $4; heavier weights down to $3.60 and below; bulk packing sows, 53.35® 3.45; light lights 140-160 lbs., good and choice, $3.65® 3.90; weight. 160-200 lbs., good and cnoice, $3.80®4: mediuhr weights, 200-250 lbs good and choice. 53.80@4; heavy weights 250-350 lbs., good and choice. $3.60®3.35; packing sows, 275-550 lbs., medium and good, $3.20® 3.55; slaughter pigs. 100-130 lbs., good and choice, $3.35®3.75. Cattle— Receipts. 1,000; calves, 500; geenrally slow, steady trade on all killing classes; some weakness on lower grade light steers, yearling steers and yearling heifers but most interests after cattle; killing quality plain; choice yearlings absent; best medium weight steers. $6.15; bulk. $4.25®5; beef cows and butcher heifers hardly as active as earlier in week: weighty sausage bulls up to $3: most strictly good to choice vealers, ss® $.75; slaughter cattle and vealers; steers 550-900 lbs., good and choice. $5.285®7; 1.100-1.300 lbs., good and choice, 54.75®7: 1.300-1.500 lbs., good and choice. $4.50® 6.50; 550-1.300 lbs., common and medium. $3.75T?5.25; heifers, 550750 lbs., good and choice. $4.75® 6.25; common and medium. $3.50®4.75; cows good. s3® 3.50; common and medium. $2.25® 3; low cutter and cutter, $1.75® 2.50; bul's (yearlings excludedi good (beef', 52.75® 3.25; cutter common and medium, $2.60® 3; vealers. good and choice. $4.75® 5.75; medium .$3.75®4.75; cull and common. $2.75®3.75; stocker and feeder cattle: steers. 500-1.050 lbs., good and choice, $4.75 ®6: common and ' medium. $2.75® 4.75. Sheep—Receipts, 10.000: fairly active, strong to a shade higher; eauly bulk wooled lambs, ss® 5.50 to packers: few $5.60 to outsiders: some held higher; springers. s7® 8.25: slaughter sheep and lambs: spring lambs good and choice. $6.50®8.50: medium. $5.50® 6.50: lambs. 90 lbs. down, good and choice. $5.15®5.75; common ar.u medium. S4® 5.25: 90-98 lbs., good and choice. $5®5.60: 98-110 lbs., good ar.d choice. $4.75® 5.25; ewes. 90-150 lbs., good and choice. s2® 3: all weights common and medium. $1.25® 2.50. FT. WAYNE. April 14.—Hogs—Market. 10c higher; 160-200 lbs.. $3.75: 200-225 lbs.. $3.70: 225-275 lbs.. $3.65: 275-350 lbs.. $3.55; 140-160 lbs.. $3.40: rughs $3; stags, $2: calves. So; lambs. 55.25. Ca’tle Market —Steers, good to choice. ss® 5.50: medium to good. $4.50®5; common to medium, s3® 4: heifers, good to choice. $4.50®5; medium to good. 54®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. $1(31.50: bulls, good to choice. S3O 3.25: medium to good 52.50®3; common to medium. $2®2.50butcher bulls. $3.250 3.75. LAFAYETTE. April 14—Hogs—Market steady; 170-250 lbs.. 53.60®2.65: 250-325 lbs.. $3.5003.55: 130-170 lbs., 53.15® 3.30: 100-130 lbs., $3. roughs. S3 down; top calves. $4.50; top lambs. $5. „ CINCINNATI. April 14.—Hogs—Receipts. slow at advance: pigs and sows unchanged' ecod to choice. 180-250 lbs 53.8504 top' S4 260-290 lbs. $3.803 3.90: 160-180 lbs $3.640 3.85; 130-150 lbs. $3.350 3.50; 120 lbs. down. $2.5003: sows. $2 7503 Cat-tle-Receipts. 400. Calves—Receipts. 300; sunphes moderate, generally steadv. fairlv active; most steers and heifers. $405.25: fat cows mostlv $2,7503.25: low cutters and cutters. $1.50 0 2.50: bulls. $2.7503 35-cah-es. steadv to strong: good to choice vealers mostlv $4.500 5: nractical ton. $5; a few hand picked selections. $5.50: common to medium mostlv s3®4. Sheep— Receipts. 300: supplies light: demand broad: market, unevenly strone to 50c or more higher: a few lots of spring almbs mostlv $7.25 down: choice light weights ouotable up to $7.50: better grade shorn iambs auo'able mostlv from $5 down: keen competition for meager supnlv with sale upward to $6 for the best: practically no aged stock: Quotable steadv.

In the Cotton Markets

—April 13— CHICAGO High. Low. Close. January 7 45 7 20 7 40 March 7 55 7.34 5.53 Mav 6.88 6.62 6.84 July - E 04 6.81 7.02 October 7 27 7 02 '7 24 December . . .. 740 714 7.38 NEW YORK January 7.38 7 17 7.36 March 7 SO 7.29 7.49 Mav . 678 658 6.77 July 6.94 6 74 6.94 October 7.16 6.95 7.16 December 7.30 7.09 7.28 NEW ORLEANS January 7.28 March . . 7.43 Mav MS 656 6.72 July §-**> 6.71 688 October m‘. 7.09 December lit 7.06 7.23

INDIANA STOCKS AND BONDS

The following quotations do not represent actual bids or offerings, but merely indicate the approximate market level based on buving and selling inquiries or recent transactions. —April 14— STOCKS Bid. Ask. Belt Rail it Stock Yards com. 21% 26% Belt Rail V Stock Yds pfd 6% 45 49 Central Ind Power nfd 7%.. 6 9 Citizens Gas com 12 16 Citizens Gas Cos pid 5% 63 68 Home T & T Ft Wayne pfd 7% 39 43 Ind it Mich Elec Cos pfd 7%.. 65 70 Ind Gen Service Cos p'd 6% .. 65 70 Ind Hydro Elec Cos pfd 7%.... 27 32 lndpls aGs Cos com 34 38 Home T & T Ft Wavne pfd 7 > 34 39 lndpls Pwr & Lt Cos pfd 6% . . 40 45 lndpls Water Cos pfd 5% 85 £0 lndpls Pwr & Lt Cos pfd 6%% 45 49 No Ind Pub Ser Cos pfd 5%.. 26 30 No Ind Pub Sen- Cos pfd 6% 28% 32% North Ind Pub Serv Cos pfd 7% 34% 38% Public Serv Cos of Ind pfd 6% 15% 19% Public Serv Cos of Ind pfd 7% 34 38 South Ind Gas & El Cos pfd 6% 53 58 Terre Haute Elec pfd 6%.... 40 45 BONDS Citizens Gas Cos 5s 1942 78 82 Home T & T W 5%s 1955 94 97 Home T & T Ft W 6s 1943.... 95 98 lndpls Gas Cos 5s 1952 70 74 lndpls Rys Inc 5s 1967 21% 25 lndpls Water Cos 4%s 1940.... 92% 97% lndpls Water Cos 5s 1960 86 90 lndpls Water Cos 5s 1970 86 90 lndpls Water Cos 5%s 1953 93 98 lndpls Water Cos 5%s 1954.. 93 98 Kokomo Water Works 5s 1958. . 70 75 Lafayette Tel Cos 5s 1957 81 85 Muncie Water Works 5s 1939. 87% 92% Richmond Water Works 5s 1957 80 85 Terre Haute Water Wk 5s 1956 80 85 Terre Haute Wat Wdk 6s 1949 90 95 Traction Terminal Cos 5s 1957.. 39 43 Joint Stock Land Banks Bid Ask. Atlanta 6% 33 37 Atlantic 5% 43 47 Burlington 5% 28 32 California 5% 49% 52% “Chicago 5% 18 21 Dallas 5 Uc 48 52 Denver 5% 47 51 Des Moines sf 40 41 First Carolina 5% 32 36 First Ft W.ayne 5% 44 48 First Montgomery 5% 32 36 First New Orleans 5% 30 34 First Texas 5% 42 46 First Tr Chicago 5% 44% 48% Fletcher 5% 62 66 Fremont 5% 40 44 Greenbrier 5% 56 59 Greensboro 5% 39 42 Illinois Monticello 5% 55 60 Illinois-Mid west 5% . . • 38 42 Indianapolis 5% 72 76 lowa 5% 47 50 Kentucky 5% 541', 58% Lafayette 5% 43% 47% Lincoln 5% 43 47 Louisville 5% 48% 51% Maryland-Virginia 5% 60 65 ' New York 5% 46 50 Mississippi 5% 40 44 North Carolina 5% 34 38 Oregon Portland 5% 32 36 Pacific Portland 5% 39 42 Pacific Salt Lake 5% 42 45 Pacific San Francisco 5 7ft 42 45 Pennsylvania 57ft 54 58 Phoenix 5% 62 6 r Potomac 57ft 43 / *St Louis 5% 16% % San Antonio 5% 49 •Southern Minnesota 57ft 13 16 Southwest 5 7ft 34% 37% Tennessee 5% 42 45 Union Detroit 59ft 41 44 Union Louisville 57ft 50 53 Virginia Carolina 5% 40% 44% Virginian 5% 48 52 •Flat.

Produce Markets

Delivered in Xndiananolis prices: Hens, heavy breeds over 4> 2 lbs, 10c: Leghorns. Bc. Broilers: Colored Soringers, 1 3 4 lbs. up. 15c: Springers (Leghorn: l>/ 2 lbs. up. 11c: Barebacks. 7c: Cox and stags. 6c; Leghorn cox and Leghorn stags, sc. Ducks, large white full feathered and fat. over 4 lbs., 7c: small and colored. sc. Geese, full feathered and fat. sc. 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. Butterfat, 16c: No. 1 butter. 21®.22c. These prices are for healthy stock free from feed, no sick poultry accepted. Quoted by the Wadley Company. BY UNITED PRESS CHICAGO. April 14.—Eggs Market, steady, prices unchanged: receipts, 39.876 cases; extra firsts, 12>4®12 3 *c: firsts, 11 3 4® 12 1 4C: current receipts. 11c: dirties. lO’lc. Butter—Market, weak, prices *4 to tic lower; receipts. 12,082 tubs; specials, 19 , 3 (5 20c: extras. 19c: extra firsts. 18 3 ic: firsts. 18‘/ 2 c; standards, 19Uc. PoultryMarket. steady to easy; receipts, 30 trucks; 1 car: fowls. lliSTl'sc; springers, 14®16c; Leghorns, 9> 2 c: ducks. 12®14c; geese. 11c: turkeys, 127118 c; roosters. 9c; broilers, 217122 c; stags, 11c. Cheese—Twins. 10® 10 ! 4c; Longhorns. lO'jTi 10 3 4C. PotatoesOn track. 243: arrivals. 72; shipments, 751; market, dull and weaker: Wisconsin sacked Round White. 757180 c: Michigan sacked Russet rurals, 77’ 2 c: Idaho sacked Russets, $1.35: Texas sacked Bliss Triumphs. $3713.25. CLEVELAND. April 13. —Butter market weak: extras. 23> 2 c; standards. 23'ic. Eggs —Market steady; extras. 12c; current receipts. 11 3 4C. Poultry—Market steady; heavy fowl, 137714 c: medium fowl. 137714 c; Leghorn fowl. 117712 c; heavy broilers, 1877 20c: Leghorn broilers. 1577718 c; No. 2 chickens. 8c; ducks. 10® 12c: geese, 10c; turkeys, 15c: old roosters. B®9c; capons, 177118 c; stags, 11c. Potatoes—Ohio, New York and Pennsylvania. 100 ib. sacks, cobblers and round whites. United States No. 1. and partly graded mostly 80c® 1; New York, Ohio and Pennsylvania, sacks a bushel, cobblers and round whites, partly graded. 50®55c. CINCINNATI. April 13.—Butter—Packing stock No. 2. 14c: No. 3.12 c; butterfat delivered. 16c. Eggs—Lower: cases, included, extra firsts. 12c; seconds. 10c; nearby ungraded. 11c; duck eggs. 10c,; goose eggs. 35c. 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. 10c; 4 lbs. and over. 10c; 3 lbs. and over. 10c: Leghorns. 3 lbs. and over. 9c: roosters. 7c: colored broilers. 1 lbs. and over. 21c: I' 2 lbs., and over. 21c; 2 lbs. and over. 21c; Leghorns broilers. 1 lb. and over. 19c: 1> 2 lbs. and over. 19c: 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: turkevs No. 1. 16c: No. 1. voung Toms, over 15 lbs., 14c; No. 1 old toms. 13c. NEW YORK. April 13.—Potatoes—Steady; Long Island, 60c®52.40 per barrel; Southern, $3®4.50 per barrel; Maine. sl®2 per barrel; Idaho, $1.50®1.90 per sack; Bermuda. $6.50®7.50 *per barrel: Canada $1.75® 1.85 per barrel. Sweet potatoes— Steady; Jersey, basket. 40c® 1.65; Southern, basket. 40c® 1.35. Flour—Quiet springs, patents. $4,207/ 4.45 per sack. Pork—Steady; mess. sl7 per barrel. Lard—Easier: middle west spot. $4.50®4.60 per 100 lbs. Petroleum—Easv; New York refined. 17c; crude. Pennsylvania. 97c7/1.47 per barrel. Grease—Steady: brown. 2®2'ec per lb • yellow. 2®2*sc per lb.; white. 2 1 42' 2 c per lb. Tavlow —Steady; special to extra. 2 3 a 7/ 2' 2 c per lb. Common hides —Dull; hides, city packer, steady; native steers. 6c; butt grands, 5 3 4C; Colorados, 5' 2 c. Dressed poultry—Steady: turkeVs. 12® 23c: chickens. 13®25c; broilers. 15®27c: capons. 16® 26c>8 fowls. 8® 17c; Long Island ducks. 12 ® 14c. Live poultry—lrregular: geese. 7®: lie; turkevs. 157725 c; roosters. B®9c; ducks. 11® 19c; fowls. 10® 16c; chickens, 11® 24c; capons, 18®26c; broilers. 147/25c. Cheese—Dull, state whole milk fancy to specials. 17® 19c: young America, 12> 4 7/ 12‘ 2 c. Butter—Market, easier; creamery, higher than extras, 217/21 3 4 c: extra. 92 score, 20 3 4C;: firsts. 90 to 91 score. 20 3 4 c; firsts 89 score, 20> 2 c. Eggs—Market about steady: special packs, including unusual rennery selections. 16®16>4c; standards. 14 1 1 ®14 3 4 c; firsts. 13‘ 2 c: seconds. 12® 13c. FINE IS SUSPENDED FOR FATHER OF EIGHT Speeder Granted Mercy by Judge; Drove Forty Miles an Hour. Being the father of eight children was worth sll Friday to Virgil Kidwell, 2624 Chester avenue, who faced a speeding tharge in municipal court. Kidwell. charged .with driving at the rate of forty miles an hour on Massachusetts avenue, was fined SI and costs by Floyd R. Mannon, judge pro tern., hut fine and costs were suspended on account of the large family. OFFICER IS PROMOTED Bankers Trust Names W. H. Polk as Secretary-Treasurer. Promotion of William H, Polk from assistant secretary-treasurer to secretary-treasurer of the Bankers Trust Company, was announced late Thursday after a regular monthly meeting of the board of directors. The vacancy was created by the recent death of Elmer W. Rogers. Polk is a former cashier of the Continental National Bank, before its consolidation. Other officers include: Howard C. BinJtley, president; Joseph E. Reagan. T. S. McMurray, Jr., and Eugene w. Short, vice-presidents; Malcolm Lusac, trust officer, and Lucien L. Green, assistant secretarytreasurer.

INFLATION NEWS FORCES FUTURE MARKET HIGHER Wheat. Corn, Oats and Rye End Day With Good Gains. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO. April 14.—Introduction of several inflationary measures in the national legislature coupled with a sharp break in the dollar in foreign exchange served to convince operators on the Board of Trade Thursday that inflation was ahead and sent wheat prices whirling up from an early decline to close around 2 cents higher over the early lows. September touched 67 % cents, a new high for the crop and May at 60cents was within 3?* cents of its high of last fall. Corn, oats and rye were wafted up with wheat, the latter recovering all losses while com extended its morning gains. Provisions firmed up in the general wave of buying which swept over the pits. Cash Prices Rise Routine news was ignored although it was largely bullish. Stoploss orders were picked up, accelerating the rise. The best prices were not held. At the close wheat was 1!£ to 1%, cents higher, corn 1% to 1 % cents higher, oats % to % cent higher. Provisions were strong. With a holiday Friday and a short session on Saturday, there was some selling by way of evening-up on the part of longs during the morning. This and the forecast for unsettled weather the southwest caused the early weakness. Liverpool closed J s cent higher and will not reopen until Tuesday. Cash prices were 1 to I’ 2 cent higher. Receipts were 18 cars. Corn Show’s Strength Corn shoived relatively more strength than wheat during the morning. A small - oss easily was recovered shortly after the opening, prices advancing % to % cent over the previous close without meeting material pressure. Mills were good buyers. Cash prices were % cent lower to % cent higher. Receipts were 135 cars. Oats was steady during the morning and % cent higher with corn at mid-session. Action w’as quiet with little in the news. Rye remained weak and was off % to % cent, May showing the most weakness, at mid-morning. Cash oats was ‘4 cent lower to % cent higher. Receipts were 23 cars. Chicago Primary Receipts —April 13Wheat. 676.000 Corn 627.000 Oats 282,000 Chicago Futures Range —April 13— WHEAT— Prev. Open. H%h. Low. Close, close. Mav.. .58*% .60% .58% .60V* .58% July.. .59% .62% .59% .61% .59% Sept.. .60% .63*/* .60% .62% .61 CORN— Mav.. .31% .32% .30% .32% .30% Julv-. 33% .34% .33 .34% .33% Sept.. .35% .36% .35 .36% .35% OATS— Mav.. .197, .20% .19% .20% .20 Julv.. .20% .21 ,20 .21 .20% Sept.. .20% .21% .20% .21*4 .20% RYE^— Mav.. .43% .46% .43% .45% .44 Julv.. .44% .47 .44 .46% .44% Sept.. .45% .47 .44% .46% .45 BARLEY— Mav.. .32 .32% .32 .32% .32% July .33 .34% .33 .34% .33% LARD— Mav.. 4.30 4.50 4.30 4.45 440 Julv.. 4.45 4.57 4.42 4.55 4.50 Sept.. 4,52 4.70 4.52 4.67 4.62 Oct.. 4.62 4.72 4.62 4.72 4.70 BELLIES— Mav.. 5.20 5.20 5.20 5.20 5 25 Julv. 5.45 5.45 5.45 5.45 5.50 CHICAGO CASH GRAIN By United Press CHICAGO. April 13.—Wheat—No. 2 red. 64%®65c; No. 5 red, 59c; No. 6 red, 61c; No. 2 yellow hard smutty, 59c. Corn—No. 3 mixed. 32%® 33c; No. 4 mixed. 31%® 33c; latter mainly white: No. 2 yellow, 33® 34c: No. 3 yellow. 32®33%c; so. 4 yellow, 31 1 *®32%c; No. 5 yellow. 81%c; No. 3 white. 33%®34c; No. 4 white, 33%® 33%c. Oats—No, 2 white. 21%®22c No No. 3 white, 20%®21c; N. 4 white, 18%® 21c; No. 4 white. 18%®20%c. Ry e —No sales. Barley—3o®47c. Timothy—s2.ls®. 2.35. Clover—s7® 9c. By Times Special CHICAGO. April 13.—Carloads—Wheat. % corn. 129; oats. 23. rye. 6. and barley, TOLEDO CASH GRAIN By United Press TOLEDO. April 13.—Cash erain close: (grain in elevators, transit billing) Wheat —No. 2 red, 69%@70%c; No. 1 red. lc premium. Corn—No. 2 yellow. 390 40c. Oats—No 2 white. 25® 26c. Rye—No 2 50%®51%c. Barley—No. 2. 35®36c! (Track prices, 28%c rate.) Wheat—No. 2 red, 65®65%c; No. 1 red, 66®66%c. Corn —No. 2 yellow. 34%® 35c: No. 3 vellow 33%®34c: No. 4 yellow. 32%®33c. Oats— No 2 white. 22®23%c; No. 3 white, 21%® 23c. (Toledo seed close.i Clover—Cash I $5.80. Alsike—Cash. $6.20. (Toledo produce ( Eggs—Extras, 11 %® 12c. HayTimothy per cwt., 75c.

Indianapolis Cash Grain

—April 13— The bids for car lots of grain at the call of the Indianapolis Board of Trade f. o. b . shipping point, basis 41 ‘,c New York rate, were: Wheat—Firm: No. 1 red. 59® 60c No 2 red. 58® 59c; No. 2 hard. 577/58c. Corn—Firm: No, 3 white. 28® 29c No 4 white. 27®28c: No. 3 yellow. 2S 1 2 7/ 27 1 2 c; No 4 yellow. 25' 2 ® 28' 2 c: No 3 mixed. 20 1 2 ®26' 2 c: No. 4 mixed, 24 ! / 2 ®25 , 2 c Oats—Firm, No. 2 white. 187il8’' 2 c; No. 3 white. 17V 2 ® 18c. —lnspections — Wheat—No. 1 red. 1 car: No 2 red 2 cars: No 1 hard. 1 car. Total. 4 cars. Corn—No. 2 white. 8 cars: No. 3 white II cars; No. 4 white, 2 cars; No. 5 white' 1 car: No. 3 yellow. 25 cars. No. 4 veL low. 10 cars: No. 5 vellow. 3 cars No 6 vellow. 1 car. Total 61 cars. Oats—No. 2 white. 30 cars; No. 3 white 23 cars: No. 4 white. 4 cars; sample white. 6 cars; No. 1 mixed. 1 car. Total 64 cars. INDIANAPOLIS WAGON WHEAT City grain elevators are paving 57c for No 2 soft wheat. Other grades on their merits. NEW YORK COFFEE FUTURES —April 13— . REC . High Low Close fife ■■ ■ 533 521 5.33 September 5 19 5 09 5 19 December 510 5.01 5.10 SANTOS March 7 22 May 800 7.83 T 95 £ u! 'i - 7.70 751 7,70 September 7.43 7 25 7 43 December 7.30 7.15 7 30

BUSINESS NEWS SUMMARY

Minin s for year ended Dec. j iJ? 3 / . re ,P o , rt profit amounting to $11611.36. including $81,035 net gain realized ? r ' ,'- e - c . urit i es sold and purchased since Jan. 1. 1931. after expenses, etc. P.. L. A W. in February showed a net loan totaling $619,999 after charges, against $88,825 in February. 1932. Missouri Pacific in February reported net loss at $1,403,264 after charges, against $996,902 in February. 1932. Libby Owens Ford Q*ass in March quarter showed profit as r ountmg to $623,103 after charges, but before taxes, against $14,231 m March. 1932. quarter.

Radio Dial Twisters

—nils' P. M NBC—Merle Thorpe to WJZ. —6:30 P. M KYW 1020'—Canton orchestra, WBBM 1770‘—Dinner dance NBC Elvia Allman to WEAF NBC American choir to WJZ —6:IS P M.— CBS—Street singer NBC—James G McDonald to WEAF WON 1720'—Tom Dick and Harrv NBC Murder mvsterv to WJZ. —7 P. M KYW 1020i—Three strings. CBS- East Aces WBBM (770(—Collins orchestra NBC—Kaltenmever's Kindergarten to WEAF WJR < 7501 —Rapps orchestra. NBC—American Taxpayer's League to WJZ WSM (650'—Carnival. —7:13 r M CBS—The magic voice NBC—Boston svmphonv to WJZ. WLS ' 870■ —College Inn orchestra WMAQ (670)—Bismarck orchestra. —7:30 P. M.— CBS—Belasco s orchestra. WBBM (770i—Carlin's orchestra. NBC—The Economic World Today to WEAF WON (720' Seven League Boots; Gle? Club. WLS < B*7ol —Barn dance: Three contraltos. WSM '6sol—Paul & Bert the Vagabonds. —3 p. M CBS—Bing Crosby and Hav- . ton's orchestra. program to (

WFBM (1230) Indianapolis Indianapolis Power end Light Companv P M SATURDAY s:3o—Skippy (CBS' 5:45 Marimba band. 6:oo—Frederick Wm. Wile (CBSi ” j 3 —Charles Barnet orchestra (CBS I fi.4s—Brown Countv Revelers 7:oo—Easy Aces (CBS' 7:ls—Magic Voice (CBSi 1 22~ Leon Belasco orchestra (CBSi. B:oo—Hayton's orchestra B:ls—Deutsches Liederstuendchen B:4s—Saturday Frivolities (CBS'. 9:ls—Strolling Plavers. 9 45—Gertrude Niessen (CBS' 10:00—Joe Haymes orchestra (CBS). 10:30—The columnist. 10:45—Louie Lowe orchestra. 11:00—Atop the Indiana Roof. 11:30—Ted Fiorito orchestra (CBS' 12:00 Midnight—Sign off WKBF (1400) Indianapolis (Indianapolis Broadcasting. Inc.) P M SATURDAY 4 00—Tea Time Tunes. 4:3o—Sunshines Singer. 4:4s—News flashes. s:oo—Musical Menu. s:ls—Cecil and Sally. s:3o—Aunt Dessa and Uncle Connie. s:4s—Dinner Melodies. 6:oo—Knothole gang. 6 15—Harry Bason. 6:3o—Recordings. 6:4s—Sign off. WLW (700) Cincinnati P M SATURDAY 4 00—The Low-Down 4:ls—Joe Emerson. 4 30—Parent Teachers' Forum 4:4s—Little Orphan Annie (NBC). s:oo—Jack and Jill. 5:15—01d Man Sunshine (Ford Rush). 5:30—80b Newhall. s:4s—University of Cincinnati talk. 6:oo—Jan Garber's dance orchestra. 6:ls—Gene and Glenn 6:3o—Berea College Glee Club. 7:OO—R. F. D. Hour, with Boss" Johnson. 7.ls—Tonv Cabooch. 7:3o—Crosley Follies. B:oo—Jack and'Jill. 8 15—Over the Rhine. B:3o—Geo. Olsen and Ethel Shutta (NBC). 9 00—Saturday Night Dancing Party i NBC i. 10:00—The Buccaneers dance band. 10; 15—Hotel Waldorf-Astoria orchestra i NBC). 10:30—Biltmore. hotel orchestra (NBC'. 11:00—Edgewater Beach hotel orchestra. 11:30—Hotel McAlpin orchestra (NBC). 12:00 Midnight-—Henrv Thies' dance orchestra. A. M. 12:30—Jan Garber's dance orchestra. 1:00—Club Crosley. 2:oo—Sign off. SUNDAY* A. M. 6:3o—Easter Sunrise Service (NBC). 7:15 —Tone Pictures (NBCI. 7:3o—Melody hour (NBC). B:oo—Children’s hour (NBC). 9:oo—Church Forum. 9:3o—Wittenberg College choir. 10:00—Morning Musicale (NBC>. 11:00—Organ recital. Arthur Chandler. Jr. 11:14—River reports. 11:15—Promenade concert (NBC I 12:00 Noon—lnternational Broadcasting from Rome (NBC). P. M. 12:30—Rabbi Tarshish. I:oo—Mystery Tenor. 1:15—Colleg of Music recital. I:3o—Dance orchestra (NBC'. 2:oo—Wavne King's dance orchestra (NBC-Redi. 2:3O—U. of C. Girls’ Glee Club 3:oo—Radio League of the Little Flower. Rev. Charles Coughlin. 4:oo—Cavaliers. 4:3o—Dramatization of Love Stories (NBCI. s:oo—Hymn Sing. s:3o—Brahms Series (NBC). 6:oo—Dance orchestra. 6:15 Frank Morgan's dance orchestra. 6 30—Great Moments in Historv iNBCi. 7:oo—Eddie Cantor and Rubinoff’s orchestra (NBC). B:oo—Warden Lawes "20.000 Years In Sing Sing" 'NBC' B:3o—Walter Winchell (NBC. B:4s—Thorobreds organ, quartet, violin. 9:ls—Dance orrhestra INBCi. 9:ls—Henrv Thies' dance orchestra 10:00—Tales of Terror. 11:00—Dance Noctrune. orchestra. Wm. C. Stoess conducting; Eddie Albert, soloist. 11:30—Tohnnv Hemp's dance orchestra 12:00 Midnight—Henrv Thies’ dance orchestra. A M 12.30—Sign off ROOSEVELT MAY TAKE WEEK'S CRUISE IN JUNE By United Press WASHINGTON. April 15.—President Roosevelt is hopeful of making a week’s cruise along the New England coast sometime late in June, it was learned Friday. Mr. Roosevelt, an accomplished yachtsman, was reported contemplating using a forty-five-foot sloop Should plans materialize, the President would act as skipper with his sons, James, Franklin Jr. and John, members of the crew. M'NUTT DENIES REPORT No changes are contemplated in the Marion county probation system, Governor Paul V. McNutt declared Friday. His assertion was made to a committee composed of Mrs. Thomas D. Sheerin and Mrs. Sylvester Johnson.

‘Wooden Money'

Unemployment and banking troubles resulting from the depression compelled millions of people in the United States to adopt “wooden money” to carry on the necessary economic functions of community life. Scrip and barter systems have sprung up all over the United States, and by means of them whole communities have kept their economic life alive, enabled unemployed men and women to exchange their labor for the necessities of life, and in many cases have built up strong exchange systems. No fewer than 300 barter organizations, and no less than 100 unemployed groups, trade bodies and municipalities are using scrip in some form. Our Washington bureau has ready for you a nev bulletin on “Barter and Scrip” which tells all about these interesting experiments, how they were organized and what they are doing. If you are interested, fill out the coupon below and mail as directed: CLIP COUPON HERE Dept. 228, Washington Bureau. The Indianapolis Times, 1322 New York avenue, Washington D. C. I want a copy of the bulletin, SCRIP AND BARTER, and enclose herewith 5 cents in coin, or loose, uncancelled United States postage stamps, to cover return postage and handling costs. NAME ■ STREET AND NO CITY STATE I am a reader of Thr-Jndianapolis Times. (Code No.)

SATURDAY ( —* P. M [WLS (8701 —Barn dance frolic. WSM 650'—Barr, dance (4 hours i. —*:ls. P. M WGN 7201—01d favorites. —:3 F M.— WBBM < 770• Pollack s orchestra NBC—Jes Neighbors tc WEAF WON 1 720)—Smith s concert band. —B:4s P SLOBS—Saturday Frivolities —9 P. M KMOX .1090'—Countv fair KYW 1020'—Globe Trotter Paul Ash's orchestra NBC —Rolfe Saturday night dancing oartv to WEAF WGN '72o)—Kemps orchestra. NBC—Gilbert and Sullivan gems to WJZ. —9:15 P M CBS—Public Affairs Insti-. i tute. WGN (720'—Lewis White and orchestra. NBC—Salon singers to WJZ —9:30 P. M—- ■ KDKA t9Bo)—Ballets'* a orchestra i KMOX 11090'— Studio j NBC—Cuckoos to WJZ. —9:45 P M—CBS—Gertrude Niesen WBBM (7701—Granada orchestra IWGN i72o)—Dream ship. —lO P. M—KYW 11020'—Sports; Fish--1 er's orchestra. CBS —Havmes' orchestra iWGN 17201 —Kemp s orches- ' fra. NBC Contralto; Denny's orchestra to WEAF. NBC—Buccaneers to WJZ ■WMAQ 1670i —Dance pro- ' gram. *

Fishing the Air

William T Ston'v F. P A . Washington representative, will discuss The Disarmament Impassee on The World Todav program Saturday at 6 45 p m.. over WENR and an NBC network The prologue from "Pagllaeci" will be offered by Arthur Tracy. tHe Street Singit . as the highlight of his broadcast over the WABC-Columbia network Saturday from 6.45 to 7 p. m.

HIGH srOTS OF SATURDAY NIGHT'S PROGRAM 5:00 —Columbia America's Crub Street speaks. 5 30— NBC (WJZl—Laws That Safeguard Society. 6 00 —Columbia—Washington Political Situation. 7:oo—Columbia—Easy Aces. NBC 1 WEAF)—Archie Gibson, organist. 7:IS—NBC (WJZl —Boston Symphony orchestra 7r3O—NBC (WEAFi—The Economic World Today. 300— NBC (WEAFI V i e n n e s e Waltzes. Columbia—Bing Crosby and Hayton's orchestra 8 45—Columbia—Saturday Frivolities. 9 00— NBC (WEAF)—B. A. Rolfe's orchestra. NBC (WJZ)—Gilbert and Sullivan Gems.

“Adjusting State Governments to American Modern Life' will be the subject of Arnold Bennett Hall and W. M - Kipfinger when they speak during the Economic World Today program. Saturday at. 7:30 p. m , over WTAM and an NBC network. Bing Crosby will blend love songs with a haunting melody of the southland in his 8:00 to 8:15 p. m. broadcast over "TBM and the Columbia network, Saturday. A score of old and new dance hits will be crammed into B. A Rolfe s Saturday Nigh? Dance Party at 9:00 p. m. over WLW and an NBC network. ROCK ISLAND GIVES UP PAY CUT PLAN /At United Press CHICAGO. April 15.—The Rock Island Railroad has given up its plan for “five-sixths" paydays, with the employes voluntarily returning the other sixth, according to a telegram to Railway Brotherhood officials today from Edwin P. Morrow, member of the United States board of mediation. KILLS WIFE AND TWO CHILDREN: ENDS LIFE By United Press SOUTH RIVER, N. J.. April 15. Joseph Kensek, former inmate of a hospital for the insane, Friday shot and killed his wife and two children, seriously wounded his daughter. Rose, and then committed suicide by drinking poison. Two other children, asleep in the Kensek home, were not molested. MITCHELL_DENIES GUILT By United Press NEW YORK. April 15.—Charles A. Mitchell, former chairman of the National City bank, pleaded not guilty in federal court Friday to an indictment charging him with attempted evasion of an income tax of $156,701 for the year 1930. Mitchell previously was indicted for alleged evasion of tax payments for the year 1929, and Judge Frank J. Coleman set April 24 as the trial date for both indictments. lOWA BEER BILL PASSED B'J United Press DES MOINES, la., April 15. The lowa house Friday concurred in all senate amendments to the 3.2 beer bill passed Thursday by the upper chamber and sent it to the Governor for signature. The vote was 82 to 16.

PAGE 9

—m 15 F M—- > KDKA 1 980'—Sports. I WLS (870*—Barn dance —10:30 P. M KYW ■ 1020'—Canton orchestra CBS- Abe Lvman orches’r*. WGN '72o'—Wavne Kings orchestra Cummins orchestra. NBC Stern's orchestra to W EA F NBC Phantcm Gvpsv to WJZ , WMAQ (670)—Organist. —ll P M—KSTP .1460—Dance program. CBS—Pollack s orchestra NBC Ralnh Kirberv John- , son s orchestra to WEAF NBC Fisher s orchestra to WJZ —11:10 r M WGN '72o'—Wavne King* orchestra .KYW ilo2oi—Merrv Garden orchestra. CBS Fiorito s orches’ra NBC —Erwins orchestra to WEAF WJR (750>—Rapp's orchestra. NBC—Robbin s orchestra to i WJZ —l2 Midnight— KMOX (1090'—Dance program KYW (IC2OI —Canton orI chest ra WBBM (7701—Around the town. WENR 'B7o'—Libuse orchcsi tra. WGN (7201-MrCov's and Kemps orchestras. —12:30 P. 31 KYW 'lo2o'—Beachview orchestra. •| WENR iß7oi—Fisher's cr--1 chestra