Indianapolis Times, Volume 44, Number 312, Indianapolis, Marion County, 10 May 1933 — Page 13

MAY 10, 19331

BULLISH NEWS REPORTS SEND STOCKSHIGHER Steel Industry Operating at Highest Rate in 12 Months.

Average Stocks Prices

Average of thirty Industrial* for Tuesdlfh'S 78.03 low 78.61 .last 77.23 UP 60 A.nraze of twenty rai.s 34.i3 33 49. 34 24 27 Average of twentv utilities 28*’ •’3 33 25 75 ud .10. Average of forty bonds *73.86. ud .21. Average of ten first ran* 30 05 iip 06 Average of ten second rails 03 30 off .06 Average of ten utlllites jj'fi u .. 33 Average of ten industrials 77 19 off 12. BY ELMER € WALZER United Press Financial Writer NEW YORK, May 10.—Stocks moved up fractions to more than a point at the opening of the Stock Exchange today in relatively light turnover. The dollar declined in terms of foreign currencies and commodities resumed their advance. Business news was the best in more than a year, reflecting spread of confidence in industry. Electricity output gained Vi of 1 per cent over 1932, the first gain over the previous year in 151 weeks or since the week ended June 14, 1930. Steel Production Raising The Iron Age reported a rise in steel ingot production from 29 to 31 per cent, the highest rate in more than a year. Traders anticipated a substantial rise in United States Steel Corporation’s unfilled orders as of the end of April, compared with the end of March. The report will be released at noon today. Steel common was in demand. It opened 1,500 shares at 48. up Is points. Other steels followed. Railroad shares swung into line on the upside. Oils were firm, despite a huge increase in oil output. Coppers made small gains, as did utilities. Automobile issues mounted on increased output. Tobaccos, amusements, electrical equipments, communications, rubbers and foods joined the advance. Good Gains Recorded Best gains were made by American Telephone at 102%, up 1%; Public Service 44, up 1; Auburn Auto 44%, up vi; Atchison 57' 2, up 1; Case 58%, up %; Du Pont 58, up 1% on 5,000 shares; National Steel 39, up 1; Western Union 36%, up 1%; Woolworth 36%, up 1; Union Pacific 801-2, up 1%; North American 23%, up %; American Smelting 28%, up %, and Consolidated Gas 52, up 1 1 4 . Owens Illinois Glass jumped 1% points to anew high for the year at 60%. Other issues of the group which profits by manufacture of beer were in demand.

Bank Clearings

INDIANAPOLIS STATEMENT —Mav 9 Clearings $1,741,000.00 Debits 3.809.000.00 TREASURY STATEMENT —May 10Net balance for May 8... $494,327,269.83 Expenditures 18.599.622.47 Customs rects., mo. to date 5,500.740.48

Foreign Exchange

(By Abbott. Hoppin & Cos.) - May 10 — Slerling. England $3.95% Franc. France 0461 Lira. Italy 0691 Franc. Belgium 1631 Mark. Germany 2752 Guilder. Holland 4711 Peseta, Spain 1003 Krone, Norway 2017 Krone. Denmark 1762 Yet, Japan 2425

Investment Trust Shares

(Bv Abbott. Hoppin & Cos.) —Mav 9 , Bid. Ask. American Bank Stocks Corn.. 1.19 1.39 American Founders Corp. .. 1.00 2.00 American & Gen Sec A 4.00 6.00 British Type Inv Tr Sh 45 .50 Collateral Trustee shares A... 3.87 4 25 Corporate Trust shares (old).. 192 Corporate Trust shares (new) 1.93 2.00 Cumulative Trust shares ... 3.30 3.40 Diversified Trust shares A.... 600 Diversified Trust shares 8... 6.40 6.50 Diversified Trust shares C. .. 2.51 2.60 Diversified Trust shares D.... 4.12 4 33 First Insurance Stock Corp... 1.84 2.14 First Common Stock Corp. .. 1.27 1.45 Fixed Trust Oil shares A 7.00 Fixed Trust Oil shares B 5 60 Fundamental Trust shares A . 3 45 3.55 Fundamental Trust shares B 3.30 3.40 Leaders of Industry A 2 00 Low Priced shares 4.00 Mass Inves Trust shares 15.50 17.12 Nation IVide Securities 2.78 North Amer Trust shar (1953) 1 58 North Am Trust shar (55-56).. 2.07 2.32 Selected American shares. ... 2 18 Selected Cumulative shares.. 568 583 Selected Income shares 3.03 3 13 Std Amer Trust shares 250 2 60 Super Amer Trust shares A.. 240 Trust Shares of America . . 2.50 260 Trustee Std Oil A 3 85 394 Trustee Std Oil B 3 50 3 75 U S Electric Licht A- Pow A. 12 25 Universal Trust shares 2.43 2.53 Liberty Bonds By Unltcd Press NEW YORK. Mav 9.—Closing Liberty bond: Liberty 3%s C32-'47i 101 22 Liberty Ist 4%s i'32-'47i .. .102 Liberty 4th 4%s ('33- 38( 102.26 Treasury 4%s ''47-'52l 108 4 Treasury 4s i’44-'s4* . 104 23 Treasury 3%s (’4fi-'56) 103 Treasury 3%s <’43-'47t 1012 Treasury 3%s <’4l- 431 March 101 4 Treasury 3%s i'4o- 43i June.. .1014 Treasury 3%s i'46- 49) 99 Treasury 3s i'sl- 55) 97 16

Daily Price Index

By United Press NEW YORK Mav 9.—Dun & Bradstreet's daily weighted index of thirty basic commodities, compiled for the United Press: (1930-1932 Average. 100) Today 85.73 Monday 86.26 Week ago 84.18 Month ago 75 25 Year ago 75 65 1933 high (Mav 6) 86 64 1933 low (Jan. 20) 67 86 (Copyright 1933. Dun Bradstreet. Ir.c.i

In the Cotton Markets

CHICAGO —May 9 High. Low. Close. January 8 92 8.70 8.89 March 9.10 8.90 9 03 May 8.27 July 8 46 8 26 8.44 October ... 873 7.52 8.67 December 8 89 8.68 8.68 NEW YORK January 8 8 6 8 68 8.86 March 9.00 8 86 6.99 May 8 24 8.06 8.21 July 8 41 8.18 8.37 October 8 63 8 40 8.62 December . 8.67 8.67 867 NEW ORLEANS January .8 70 8.67 8.77 March 8 99 8 86 8.92 May 8.14 8 04 8.13 July 8 39 8 18 8 31 October 8 61 8 42 8.56 December 8.78 8 56 8.71 In th e Air Weather conditions at 9 a. in.: Northeast wind, 10 miles an hour; temperature, 51; barometric pressure. 29.94 at sea level; general conditions. overcast, hazy; ceiling, I.CCO teet; visibility, 4 miles.

New York Stocks

Oil*— Prev High. Low 11:00 close. Oils— Amerada 32% 325* 32-* 32 At! Rfg 19% 19% 19% 18% Barnsaall • 5% 5S Consol Oil 8 1 * 8 : 8 1 * 7% Coat of Del. ... 10% 10% 10% 10% Houston t.new)., ... 3% Houston i old i ... ... 18% Indian Rfg 1% Mid Cont Pet ... 8% 8% Ohio Oil 8% 9% 9% 9 Pet Corp ... ... 7% Phillips Pet 9% 9% 9% 9% Pure Oil ••• 5 * 8% Rovai Dutch 24% SiKl Oil 27 25% Shell Un 7 ... Simms Pet 7% SKellev Oil 4% See Vac 9% 9% 8 O of Cal A 9% 9% 9% 29% S O of Ind 24 24% SOof N J 34% 33% 34% 33% Sun Oil 38% Texas Corp. ... 16% 16% 16% 16% Tidewater Oil 9 Tidewater Assn.. .. 4% Un Oil of Cal 12% 12% Steel*— Am Roll Mills... 15% 14% 15% 13 % Beth Steel 26% 25% 26% 25% Byers A M. .. . 20% 19% 20 19 „ Col Fuel & lion 9 8% Cruc Steel 17% Oulf Sts Steel 19% Inland Steel 26 25% Ludlum Steel 8% 8% McKeesport Tin. .. ... ... 76% Nati steel . .. 39% 39% 39% 38 Rep Iron A: Steel 14% 14% 14% 14 Rep In Ac Stl pld 28% 28 U S Smelt 35% 35'/a 35% 34% Vauadiuin ... 17% 17% U S Pipe & Fdv 12% 12% 12% 12 U S Steel ...... 48% 47% 48% 46% U S Steel pfd 81% 80% Youngstn SA:T 22 % 21% 22 Vs 21 Rails— Atchison 57% 57% 57% 56% Ati Cst Line... 32% 31% 32% 31% B At O 13% Can Par. 13% 12% Ch A: Oslo 34% 34 34% 33% Chi Ar Gt W 33 C M Ac St P 2% 2% C M Ac St P Did .. ... 3% 3% Chi N W 7 6% 7 6% Chi R Isl 8 7% 8 6% Chi R I l'r pfd 9% 9% Del a Ac Hud 61% 59% Erie 8 7% 8 7% Grt Northern pfd 16% 16% 16% 15% 111 Central 18% 17% 18% 17% K C Sou 12 Lou A’ Nash ... 40 39% M K Ac T 10% 10% Mo Pac 3% 3% Mo Pac pfd ... 4% 4% N Y Cent 26% 26% 26% 25% N Y Chi Ac St L 6% N Y Ch Ac St L D 8 N Y Uew Haven 18% 18% 18% 18% N Y* Ont Ac Wes .. .... ... 11 Norfolk Ac Wes. ... 139 139 Nor Pac ....... 20% 20% 20% 20 Penn R R 23% 23V* 23% 22% Reading ... ... 35% Sou Pac 21% 21% 21 % 20% Sou R R 14% 13% 14% 13% Sou R R pfd... 18 17% 18 17 Union Pac 81 80% 81 79% Wabash .....* 2% W Maryland 7% Motors— Auburn 45% 44% 45% 44% Chrysler 18% 18'/* 18% 18 Gen Motors ... 23% 22% 23% 22% Graham Mot ... 2% 2% 2% 2% Hudson ... 6% Hupp 3% 3% Mack Truck 27% 26 Marmon ... % % Nash 16% 16% 16% 15% Packard 3% 3% 3% 3% Reo ... ... 4% Studebaker 3% 3% 3% 3% Yellow Truck 4% Motor Access— Bendix 13% 12% 13% 12% Bohn Alum 22% 21% 22% 22 Borg Warner .. 12 11% 12 11% Briggs 7 6% 7 6% Budd Wheel ... 2% Eaton Mfg 9% 9% 9% 9 Elec Auto iLte . 17% 17V* 17% 17 Mullins Mfg 5% Murray Body ..4% 4 4 4 Stew Warner ... 6% 5% 6% 5% Timken Rol 22 21% 22 21% Mining— Alaska Jun ... 15 14% Am Smelt 28% 28% 28% 27'/* Anaconda 12% 12% 12 V* 11% Cal & Hecla 4% Cerro De Pasco . 19% 19% 19% 19% Granby .*, 8 % Gt Nor Ord 8% Homestake Min 191% Howe Sound 15% Ins Copper ... ... 4% Int. Nickel 14 13% 14 13% Isl Creek Coal ... 19% Kennecott Cop. . 17% 16% 17% 164a Miami Cop 4 Nevada Cop 7% Noranda Cop 24% 23% Phelps Dodge 10% Taboccos— Am Snuff 43 Am Sum Tob .. 12% 11% 12% 11% Am Tobacco A ... 76% Am Tobacco B .. 80 79 1 a 80 80% Gen Cigar ... ... 33% Lig A; Myers B. 80% 80% 80% 79% Lorillard . 18% 18% 18% 18% Reynolds Tob B. 3944 39% 39% 39 Equipments— Allis Chalmers 14% 14 Am Car & Fdy 14% Am Loco 12% Am Mach & Fdy 15% 15% Am Steel Fdy... 12 11% 12 11% Bald Loco 7% 7% 7% 7% Burroughs .. 12% 12% Case J I 59 58% 59 57% Cater Tract 14% Colgat Pal Peet 14% Congoleum ... ... 12 El Stor Bat . ... 34% 34% 34% 33% Foster Wheeler.. .. ... ... 12% Gen Am Tk Car 24% 23% 24% 23% Gen Elec 20 19% 19% 19% Gen R R Sig 24% 24 Insol Rand 39% 39 Int Bus Mach .... ... ... 110% lilt Harvester .. 33% 32% 33% 32% Kelvinator 8% 8% 8% 8 Natl Cash Reg.. 13% 13% 13% 13 Procc & Gamble 39Vi 39% 39% 38% Pullman Inc 34 32% Simmons 8ed.... 12% 11% 12% 11% Und Elliott 22% 21% 22 20% West Air B ... 21% ... Westingh Elec.. 36% 35Vi 36 34% Worthington Pm 20 184* 20 17,a Utilities — Am & For Pwr 9% 9% 9% 9% Am Power At Lit 8 TANARUS% 7 % 7% A T & T 102% 102% 102% 100% Am Wat Wks... 21% 20% 21% 19% Brook Un Gas 77% 76 Col Gas & Elec.. 16% 16% 16% 15% Com Ac Sou 2% 2 Consol Gas .... 52% 52% 52% 50% Elec Pwr A: Lit * 7% 7% int Hydro Elec 5 Int TA: T.. .. 12% 12% 12% 11% Lou G A: E A. . .. ... ... 17% Nat Pwr Ac Lit.. 13Vi 13% 13% 12% North Amer... 24% 23% 24% 22% Pac C. A’ E 23% Pub Serv N J ... 44% 43 So Cal Edison.. 20% 20% 20% 20% Std Gas 13 12 13 11% Sid Gas Dfd 16% 17 United Corp.... 8% 8% 8% 7% Un Gas Imp... 18% 17% 18% 17% Ut Pwr & Lit A 3% 3% 3% 3% Western Union.. 37% 36% 37% 35% Rubbers— Firestone 19% 18% 19% 17% Goodrich 12 11% 11% n% Goodyear 32 31 32 30% U S Rubber ... . 9 8% 9 8% U S Rub pfd 16% 16

. HORIZONTAL Answer to Previous Puzzle 11 Devoured. 1 Street (abbr.). r , 13 Effigies. 3 Man in the cWn'r' T’P •? X GBSPRE.EHO AS E SMF IS to hind P,CtUle - RDHI i]R A NMm I STMnri 20 Headgear 10 Minor note. E PNgA R TBe L i joAR 23 Head of an 12 Melody. A.DQ.RNPa ME abbev. 14 To corrode. VIIEEN IYOKE 5 26 Railway 15 Tumultuous pflflHHj 1/ MIHBX station. disturbance (R. I .Gpißl VICTORIA ITJ ARAj 2S Unfinished of peace. I RON A\in |QT beginning. 17 To abdicate. TpTMS I SBTOmHFVqT 30 Coated with 19 Monkey. AJSBa U TiQIM AiTI I CltT) la - ver sX are ’ , . IMM JT E RIN : ODA Lln 32 Savor-of cook- “ 1 r ° combine /N.O.R MPIM E. R G*Ene> ANS in s meat. with salt. k————j ■ -I gg Work. 22 Metallic run- 42 To become. 5S Half an em. 36 Genus of ners used on 44 Reminiscence. vcpticit hprhc shoes for ice. 46 Near-sighted. 'EPICAL herbs. 24 Driving 47 Singing vo?ce. 1 Sorrowful. 36 Persons command. 4S Female sheep. 2 Three. affected with 25 Baking dish. 50 Supply for 3 Imprisoned. 41 tTS. 27 Brought up. successive , ... ‘ 29 To quote. relief. 4 Myself. 43 Rasp. 31 Public auto. 52 Finishes. 5 Receptacle for 45 To jcream. 34 Drinking 53 Bitter drug. carrying “ILTnTa \essel. 5o Plexus. dishes. mea j 33 Alleged force. 56 Preposition. 6To skip. 49 Grief 36 Thu and note 11157 In what pro- 7 Poems. 51 Monetary unit ~s X - session did the S Second note. of Japan. 39 \eeaHvl n in ‘ hS piC ' 9 Amatory ’ 53 Exclamation. 40 Faint hparfpd J; ure S am 10 Opposite of 54 Seventh note, 40 r aint-hearted. fame? gain. tone B. 5 45(,7e o 1 io“!T" 12 13 v ?© up — SJSsS IST —l~ ** | —jSS

tßy Abbott. Hopoln Ac Co.i

Amusement*— Croaiey Radio 7 Fox Thea 3% 3% 3% 3 Loe.ws Inc 17 16% Radio Corp 7% 7% 7% 7 RKO 2% 2% 2% 2% Warner Bros 3% 3 Food*— Am Sugar 52% 51% Armour A . 3% * 3% Beatrice Cream. . ... ... 16 Borden Prod .... 32% 32% 32% 31% Cal Packing 17% 17% Canada Dry O A 11% 11% 11% 10% Coca Cola , 82 Cont Bak A 7% 7% Corn Prod ... 70% 69% 70% 69% Crtn of Wheat.. 32% Gen Foods 31% 31% Gold Dust ... 204* G W Sugar 20 19% 20 194* Hershev ... 51 Loose Wiles .. . 34 Nati Biscuit 48 7 48% 48% 48 Natl D Prod 17% 17% Purity Bak .... 17 16% 17 154* S Porto Rico S ... 28 Std Brands 18% 18% 18% 18% United Fruit... 48 47% 48 47% Ward Bak A 5% Wrigiey 44 Retail Stores— Ass Drv Goods 10 9% Best Ac Cos 21 21% Gimbel Bros 3% 3% Gimbel pfd 15 Or Un Tea 6% Hahn Dept Sts ... 2% Jewel Tea 35% Kre.sge S S 10 9% Kroger Groc 27% 27% 27% 27% Macy R H 52 51% 52 51% May Dept St 21 20% Mont Ward 22% 21% 22% 21% Penny J C ..4.. 36 36 36 34% Safeway St 47 46% Sears Roebuck.. 244* 23% 24% 23% Woolworth 37 35% 37 35% Aviation— Aviation Corp... 11% 10% 11% 10% Douglass Air 14 13% Curtiss Wright 2% Curtiss V/right A ‘ ... 3% Nor Am Av 7% 7% United Aircraft.. 27% 26% 27% 26V* Chemicals — Air Reduction... 69% 68% 69% 68 Allied Chem ... 91% 89 s * 91% 89 Am Com Alcohol. 21% 20% 21% 19% Col Carbon 50 48% 49% 46% Com Solvents 16V* 15% Du Pont 59 58 58% 56V* Freeport Tex ... 31% 30% 31% 30% Liquid Carb 21V* 20% 21% 19% Northern Alkali. 22% 22% 22% 22 Tex Gul Sulph. . 25% 24% 25V* 25 Union Carbide.. 33% 33% 33% 324* U 8 Indus Alco 25V* 25% 25% 25V* Drugs— Coty Inc 4% 4% Drug Inc 48 46% 46% 45% Lambert 29% 29% Lehn Ac Fink 19 18% Zonite Prod ... 5% Financial— Adams Exp 7% 6% Allegheny Corp 1% 1% Chesa Corn .... 27% 26% 27% 25% Transamerica .. 5% 5% 5% 5% Tr Conti Corp 5% 5% Building— A mßadiator ... 10 9% 10 9% Gen Asphalt 10 Int Cement 16% 15% Johns Manville. . 27% 27% 27% 27% Libby Owens Gls 19% 19% 19% 18% Otis Elev 17V* 164* 17V* 16% Miscellaneous— Am Bank Note.. .. ... ... 15 Am Can 79% 78% 79% 78 Anchor Cap ... 12% Brklyn Man Tr. . 21% Conti Can 54% 53% 54% 52% Eastman Kodak. 69% 67’/* 69% 66% Owens Bottle ... 61 Vi 59% 61% 56 Gillette 13% 13 Vi 13% 13 Glidden 8 8% Gotham Silk ... 14% 14 14% 13% Indus Rayon ... 47% 47% 47% 47% Inter Rapid Tr 64b 6% Real Silk Hose 9 New York Curb Market By Abbott. Hoppin Ac Cos. —May 9 Close' Close. Alum Cos of Am 56%'1ntl Ptrol 12% Am Bev 2%;Lone Star Gas.. 7% Am Ga Ac E 1... 27 Mount Prod ... 3% Am Sup Pwr... 3% Natl Bellas Hess 2% Ark Ntl Pwr A. l%lNiag Hud Pwr. 14% Ass Gas A .... l%iPan A Airways. 34% Atlas Ut Corp.. 11 Pennroad 13 Braz Tr Ac Lt. 10% Pioneer Gld Min 9% Cent Sts E 1.... 2% Ist Regis Paper.. 3 Common Cdison 57% Salt Creek Prod 4% Deers Ac C 0... 16>4 Std Oil of Ind.. 24% El Bnd Ac Sh... 17% Std Oil of Kv. 13 Ford of Eng... 3%iUnited Founders % Ford Mot Can. 7%!United Gas ... 2% Hud Bay Min.. 6%iUn Lt Ac Pw A 3% Imperial Oil. .. 9%!United Verde.. 3% Irving Airchute 6%lUtil Pwr Ac Lt. 1% New York Bank Stocks (By Abbott, Hoppin Ac Cos.) —May 9 Bid. Ask. Bankers 57 57% Central Hanover 122% 124% Chase National 24 s * 24% National City 28V* 28% Corn Exchange 54 55 Commercial 35% 36 Continental 13% • 14% First National 1,355 1,375 Guaranty 266% 268% Irving 17V* 17% Manhattan Ac Cos 20% 21 Vi Manufacturers 14% 15 New York Trust 84 85%

CHICAGO STOCKS

(By Abbott. Hoppin & Cos.) —May 9 High. Low’. Close. Bendix Avaition 12% 12% 12% Borg-Warner 11 10% 40% Butler Bros 3% 3% 3% Cent 111 Securities com % Cent 111 Securities pfd.. .. ... 5% Cent <s So West 1% Cities Service 2% 2% 2% Commonwealth Edison 57% Cord Corp 8% 8% 8% Electric Household ... 6% 6 6% Grigsbv-Grunow’ 1% 1% IJ* Houdaille-Hershev A ... 3% Libbv-McNeil 4% 4% 4% Lynch Corn 15% 15 15 Marshall Field 10% 10% 10% Public Service N P.. 24% Quaker Oats 11l 107% 107% Seab Utilities shares ... % Swift & Cos 15% 14% 15 Swift International 24 23% 23% U S Gypsum com ... 33% U S Radio & Tel 9% 9 9 Utility & Ind ... % Utility A- Ind pfd 2% Vortex Cup Cos ... 6% Walgreen Cos com 15% 15% 15% CHICAGO FRUIT MARKET By United Press CHICAGO. Mav 10.—Apples—Illinois Winesaps bushel. $1.40® 1.50: Willow Twigs bushel. *l® 1.25: Michigan Spies bushel. $1.25; Baldwin bushel. 80c@$l.

THE INDIANAPOLIS TIMES

PORKER PRICES HOLD FIRM IN QUIETSESSION Slaughter Classes Active and Strong in Cattle Markets. Hogs showed a somewhat quieter trend at the city yards this morning, resting on the advances made during the last several days. The bulk of sales, made on weights of 160 to j 300 pounds, were mostly at 54.15. Several loads brought up to $4.20. Tuesday’s top price. Weights of 300 pounds up, sold for $4 to $4.10; 120 to 160 pounders brought $3.70 to $4. Swine receipts for the day were estimated at 7,000. Holdovers were 198. All slaughter classes were active in a firm range in the cattle market. Receipts were 1,000. Vealers were steady at $5.50 down. Calf receipts numbered 600. Little was done in the sheep market. Indications were steady. Bulk of sales made late Tuesday ranged from $6 to $6.15. Receipts today were 500. Only slight action was displayed in hogs at Chicago during the early part of session, with asking around steady at Tuesday’s average. The l*:lk of good to choice porkers scal- | ing from 200 to 260 pounds around the previous close at $4.20 to $4.25. Few early bids on packing sows remained steady. Receipts were estimated at 23,000, including 12,000 direct; holdovers, 5,000. Cattle receipts numbered 11.000; calves, j 2,000; market steady to mostly 25 I cents lower. Sheep receipts were ! 15,000; market unchanged to around j 25 cents lower. HOGS’ ! May. Bulk. Top. Receipts. 3. $3.95(3 4 00 $4.05 7.000 4. 3.93® 4.00 4.05 7.500 5. 3.95® 4.00 4.05 6,500 6. 3.00® 4.00 4.05 2,000 8. 4.10® 4.15 4.15 6.000 9. 4.15® 4.20 4.20 8.000 10. 4.15® 4.20 4.20 7.000 Market, steady. (140-160) Good and choice....s 3.90® 4.00 —Light Weights—-(l6o-180) Good and choice... 4.15 (180-200) Good and choice.... 4.15® 4.20 —Medium Weights—-(2oo-220) Good and choice.... 4.15® 4.20 (220-250) Good and choice ... 4.15® 4.20 —Heavy Weights—-(2so-290) Good and choice.... 4.15 290-350) Good and choice.... 4.10® 4.15 —Backing Sows—(3so down) Good 3.50® 3.75 (350 up) Good 3.25® 3.60 (All weights) medium 3.00® 3.25 —Slaughter Pigs—-(llo-190) Good and choice.... 3.60® 3.70 CATTLE Receipts, 1,000: market, steady. (1,050-1,100) Good and choice $ 5.50® 8.75 Common and medium 3.75® 5.50 (1,100-1.500) Good and choice 4.75® 6.50 Medium 3.75® 4.75 —Heifers—-(sso-750) — Good and choice 5.00® 6.00 Common and medium 3.50® 5.00 (750-900) Good and choice 4.50® 5.75 Common and medium ...... 3.25® 4.50 —Cows — Good 3.25® 3.75 Comon and medium 2.75® 3.25 Low cutter and cutters 1.50® 2.75 —Bulls (yearlings excluded) Cutter, common and medium.. 1.50® 2.50 VEALERS Receipts. 600: market, steady. Good and choice $ 5.00® 5.50 Medium 3.00® 5.00 Cull and common 2.00® 3.00 ■—Calves—-(2so-500) Good and choice 3.50® 4.50 Common and medium .... 2.00® 3.50 —Feeder and Stocker Cattle—-(soo-800) Good and choice 4.75® 5.75 Common and medium 3.00® 4.75 (800-1.500) Good and choice 4.75® 5.75 Common and medium 3.00® 4.75 SHEEP AND LAMBS Receipts. 500: market, steady. —Lambs. Shorn Basis—(9o lbs. down) Good Ac choice.s 5.75® 6.25 (90-110 lbs.) Good and choice. 5.25® 5.75 (90 lbs. dow’n) Com. and med. 3.50® 5.25 Spring lambs .. 6.00® 8.00 —Ew r es —■ Good and choice 2.00® 2.75 Common and medium I.oo® 2.00 Other Livestock BY UNITED PRESS CLEVELAND, May 10.—Hogs—Receipts, 2,100; holdover, none; bid and sales steady to 5c under Tuesday's opening; desirable weights, 10®15c below close; 160-300 lbs., $4 35®4.40; pigs, $3.75; few light lights, $4. Cattle—Receipts, 200; cows and bulls steady; steers steady to weak; common to low medium light weight steers, $4.75® 5.35; low cutter to medium cows, around s2® 3.50; sausage bulls. s3® 3.25 and above; calves, receipts, 600; largely steady; good to choice upwards to $5.50® 6; cull to medium, $4®5.00 largely: only a scattering $3.50 down. Sheep—Receipts, 1,200; lambs steady w’ith Tuesday s average; upwards to $6 paid freely; top $6.25; most throwouts. $4.50®5; trashy around 40 lbs., cull. $2.25®3; springers scarce in demand; few’ unevenly higher considering less desirable quality at s7@B. EAST ST. LOUIS. 111.. May 10.—Hogs— Receipts, 11,000. including 2,000 direct. Market: slow" steady to 5c lower. Top $4.15; bulk 170-300 lbs., [email protected]; 140-160 lbs.. $3.40®4.00: 100-130 lbs., $2.85®3.15; sows, $3.60®3.70. Cattle —Receipts, 1,800. Calves —Receipts, 1,300. Market: active and generally steady to strong with vealers 25c higher at $5.50. Steers largely $4.50®6.00; mixed yearlings and heiiers, $4.50® 5.35; cows $3.00®.3.50; low cutters, $1.75®2.25- top sausage bulls. $3.00 Sheep —Receipts, 2,200. Market: few spring lambs steady at $7.00®7.25 to city butchers, fat ewes quotable steady at $3.00 down. EAST BUFFALO. May 10.—Hogs—On sale. 900: dependable trade steady with Tuesday’s average; desirable 170-260 lbs.. $4 60: top. $4.65: weights below. 150 lbs.. $4.25® 4.40. Cattle—Rceipts. 75: medium steers around 1.000 lbs., weak to lower at $5.25: cows, fully steady; cutter grades. $1.60®2.35. Calves—Receipts, 250; vealers, fairly active, firm; bulk good to choice. $5 ®5.50: comon and medium. [email protected]. Sheep—Receipts. 400; lambs. 15 to 25c higher: good to choice shorn lambs mostly *6.25: common and medium. $5®5.75; few 60 to 75 lbs., spring larhbs. SB. PITTSBURGH. Mav 10.—Hogs—Receipts. 2.200: market slow .5 to 10c lower; 160-280 lbs.. $4.35(J( 4.50: few at $4.60: 130-160 lbs.. $3.75® 4.25; most packing sows. $3.15(0 3.40. Cattle—Receipts. 15; market, unchanged: medium to good steers and yearlings quoted al $4.85® 5.75: heifers. $4.25® 5.25. Calvea —Receipts. 100; market, steady; better grade vealers mostly $5®5.50. Sheep—Receipts. 500: market, steady; good to choice shorn lambs. $5.75®6.25: soring lambs. $7 if 8. CINCINNATI. Mav 10.—Hogs—Receipts, 4.700: 924 direct generally steady; good to choice. 180-300 lbs. *4.25; 160-180 lbs., $3.85® 4: 130-150 lbs.. $3 40® 3.60: lgihter weights. $3.25 downward: sows. $2.75®3.25. Cattle—Receipts. 750: calves, receipts. 750; active generally steady to strong: mostly steady; bulls, steady to weak: medium to good steers and heifers. 54.50® 5.50: beef cows, largely $2.50® 3.50: low cutters and cutters. 51.75®2 75: bulls. $2.50® 3.50: good to choic vealers. s4®s; common to medium slow. 52.50® 3.50. Sheep—Receipts. 800: steady to weak; better erade light and handvweight spring lambs. $7 80® 8: mostly $7.75: plainer grades downward to $6 and below: old crop shorn lambs scarce; ouotable steady at $5.50 downward; fat aged ewes listed. sl®2: best light weights. $2.50. NEW YORK COFFEE FUTURES —Mav 9 RIO . High. Low. Close. January ... 5.59 March ... 5.68 Mav 5.66 5.55 5.55 July 5 10 5.62 5.62 September 5.70 5.61 5.61 December 5.70 5.60 5.61 . SANTOS January 7.90 March ... 7.97 Mav 8.65 8.48 8.48 Julv , 8.35 8.28 8.28 September 8 15 8.04 8.04 December 8 02 7 93 7.93 NEW YORK RAW SUGAR FUTURES —May 9 High. Low-. Close January 1.49 1.47 1.49 March 1,55 1.53 1.55 Mav 135 1 32 1.35 Julv 1.39 1.35 1.39 September 1.43 1.40 1.43 December 1 49 1.45 1.49 Hundreds Attend Carmelite Rites Several hundred attended the first novena to St. Theresa, the Little Flower of Carmel, at the Carmelite monastery on Cold Spring road Tuesday night. The Rev. Albert V. Deery, chaplain of t|ie monastery, preached a sermon ons he life of the saint.

INDIANA STOCKS AND BONDS

The following quotations do not represent actual bids on offerings, but merely indicate the approximate market level based on buying and selling inquiries or recent transactions. —May 10— STOCKS Bid. Ask. Belt Rail * Stock Yards com 23% 28V* Belt Rail <k Stock Yds pfd 6% *5 50 Central Ind Power pfd 7% 7 10 Citizens Gas com 12 16 Citizens Gas Cos ofd 5% 60 65 Home T & T Ft Wavne ofd 7.. 37 41 Ind & Mich Elec Cos ofd %7.. 62 66 Ind Ge Service Cos pfd 6% 51 56 Ind Hydro Elec Cos 7% Dfd. . 20 25 Indols Gas Cos com 40 45 Indols Pwr & Lt pfd 43 48 Indpis Pwr & Lt Cos pfd 6%% 55 60 Indols Water Cos Did 85 90 No Ind Pub Ser Cos pfd 5%% 21 26 No Ind Pub Ser Cos 67. pfd.... 25 30 Public Serv Cos of Ind pfd 6% 10% 14% Public Serv Cos of Ind Dfd 7% 24 28 South Ind Gas & El Dfd 6 r 'c.. 49 54 Terre Haute Elec Dfd 6%.... 37 44 BONDS Citizens Gas Cos 5s 1942 75 80 Home TiTW 5%s 1955 93% 67% Homo T & T Ft W 6s 1943... 94% 98% Indpis Gas Cos 5s 1952 66 69 Indpis Rvs Inc 5s 1967 22% 27% Indols W’ater Cos 4%s 1940... 93% 97% Indpis Water Cos 5s 1952 94 99 Indols Water Cos 5s 1960 88% 92% Indpis Water Cos 5s 1970 88% 92% Indpis Wter Cos 5%s 1953... 95 98 Indpis Wter Cos S%s 1954... 95 98 Kokomo Water Works 5s 1958 68 i3 Lafavett# Tel Cos 5s 1957 81 85 Muncie Water Works 5s 1939. . 30 95 Richmond aWter Works 5s 1957 80 85 Terre Haute Water Wk 5s 1956 78 83 Terre Haute Wat Wk 6s. 1949 90 95 Traction Terminal Cos 5s 1957.. 41 45 Joint Stock Land Banks Bid. Ask. Atlanta 5*7- 36 39% Atlantic 5 % 45% 48% Burlington 5% 31% _ 35% California 5% 52 o 5 ‘Chicago 5<70 20 23 Dallas 5G- 49 53 Denver 5% 48% 52% Des Moines 5% 38 42 First Carolina s ft 32 35 First Ft. Wavne 5% 47 51 First Montgomery 5% 34 38 First New Orleans 5% 36% 40% First Texas 5% 43 47 First Tr Chicago 5% 47 52 Fletcher sft 64 69 Fremont 5% 42 46 Greenbrier sft 58 62 Greensboro s r r 43 4i Illinois Monticello 5% 56 61 Illinois- Midwest sft 39 43 Indianapolis sft 74 78 lowa sft '... 48 , 53 Kentucky 5% 57% 61% Lafavette sft ■ 43 50 Lincoln % 45 48% Louisville 5(7. 50 54 % Marvland-Virginia 5% 60 65 Mississippi 506 42 45 New York 5% ....45 49 North Carolina 5<7. 38 42 Oregon Washington 5(7. 34 38 Pacific Portland 5(7 41 45 Pacific Salt Lake sft 43% 47% Pacific San Francisco 5%. --. 43% 4.% Pennsylvania 54 60 Phoenix 5*7. 62% 66% Potomac sft 45 49 *St. Louis 507 17 20 San Antonio sft 49 52% ‘Southern Minesota 507 13 1 6 Southwest 507 38 42 Tennessee 507 42 45 Union Detroit 507 44 47 Union Louisville 5(7 51 54 Virginia Carolina 507 43 47 Virginian 507 48 53 •Flat. BUSINESS INCREASE FORECAST FOR MAY Current Report Shows Volume Is Expanding. By Times Special BOSTON. May 10.—A forecast of higher business volumes in May than in April is made in the current report of the United Business Service issued today. The Service points out that there is always a tendency to “get on the band wagon” in a period of rising prices. Buying in excess of immediate requirements will be witnessed in many lines. The effects of this turn in purchasing psychology is expected to have the following effect on the various important phases of business over the near term: Production Although declines normally get under way in May, seasonal curtailment In most lines will probably be delayed this year until June. Retail Sales—Total volume of business at retail is expected to continue upward during May. This is in line with normal seasonal forces, but the increase is likely to be greater than usual this year. Transportation—Both railroad car loadings and shipping tonnage W’ill rise as more goods are shipped to customers. May volumes should exceed those of April.

Indianapolis Cash Grain

■ —May 9 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—Weak: No. 1 red, 72®73c; No. 2 red. 71®72c; No. 2 hard, 68®69c. Corn—Weak; No. 3 white, 35® 36c; No. 4 white, 34®35c; No. 3 yellow. 33%®34%c; No. 4 yellow. 32%®33%c; No. 3 mixed. 32%®33%c; No. 4 mixed, 31%®32%c. Oats—Weak: No. 2 white, 22@23c; No. 3 white, 21®22c. Hay—Steady: (f. o. b. country points taking 23%c or less rates to Cincinnati or Louisville) No. 1 timothy, $5.50@6; No. 2 timothy. [email protected]. —lnspections V/heat—No. 2 red. 5 cars; No. 2 hard, 1 car: No. 2 mixed. 1 car. Total, 7 cars. Corn—No. 1 white, 1 car; No. 2 white, 10 cars; No. 3 white. 15 cars; Sample white, 1 car; No. 1 yellow’, 1 car; No. 2 yellow’, 19 cars; No. 3 yellow. 48 cars; No. 4 yellow, 4 cars; No. 6 yellow, 2 cars: No. 3 mixed, 1 car. Total, 107 cars. Oats—No. 2 white, 21 cars; No. 3 white, 29 cars: No. 4 white. 3 cars: No. 1 mixed, 1 car: No. 2 mixed, 2 cars. Total, 56 cars. INDIANAPOLIS WAGON WHEAT City grain elevators paying 70c for No. 2 soft wheat. Other grades on their merits.

THIS CURiOUS WORLD, -

But slightly > CAOI tfNGSFORO -Smith . - SHORTER. gs ON HIS AIRPLANE FLIGHT ~ LEGS 04 THE ACROSS THE TASMAN SEA, FLEW I OAY OF IT? -*&■ FOR A TIME WITH * Birth than TO/V OE /ce 3 it does cunging to his plane. fl jr)| THE TUNG OIL INDUSTRY IN THE .'S }\ Mis UNITED STATES OWES TS ORIGIN - V ff r TO PIVE TUNG TREES,WHICH HAD * 'V | STOOD NEGLECTED FOR YEARS y- ‘ N TALLAHASSEE, FLORIDA, N CEMETERY/ THEIR OFFSPRING NOlk „ COVER OVER. 3QOOO AC/SEE Sto ♦tan m rat* K.VU me l ( rune, 0,l ts useo ahola^

Five seeding tung trees stood neglected for years in the Tallahassee cemetery, while America continued to buy its tung oil from China, believiiig that tung trees could not be cultivated successfully in this counter. Then, one

GRAIN FUTURES SHOW GAINS ON STEADYBUYING Strength in Securities and Cable News Bolsters Wheat. BY HAROLD E. RAINVILLE United Preis Staff Correspondent CHICAGO. May 10.—Strength in stocks, sterling exchange and Liverpool grain bolstered wheat prices at opening of the Board of Trade today and the major grain show’ed an initial 1% to 1%-cent advance over Tuesday's week finish. Corn went even further in rising from lows of the week, advancing 1% cents to cents over the previous session, the May delivery' show'ing the greatest gain. Oats and rye followed the upward trend, the former up % to 3 * cent, and rye up 1 % cents. Barley was unchanged to 1 i cent higher and provisions were stronger. Traders generally looked for a comparatively quiet session with the market awaiting this afternoon's release of the government crop estimate on wheat. Sterling w’as stronger in London and New York and Liverpool wheat was considerably stronger than expected. Wheat there opened only % to % pence lowe~ and 1:20 p. m. was unchanged to Vi pence higher. Sentiment on corn was more uniform with the planting in the main belt a week to ten days behind normal weather. Demand for the cash grain remains strong. Oats also showed independent strength on the general belief that a smaller crop would be grown and buying met all dips. Chicago Primary Receipts —May 9 Wheat 779.000 Corn 1,043.000 Oats 490.000 Chicago Futures Range •—Mav 10— WHEAT— Prev. High. Low. 10:00 close. Julv 72% .71% .72 .70% September .. .73% .721* .72% .72% December ... .75% .747* .747'* .73% CORN— Julv 45% .44% .44% .43 Vi September .. .47 .46 .46 .44% December ... .48% .47% .47Vi .46% OATS— Julv .25% .25% .25% .25% September .25% .35% .25% .25*2 July 53 .52% .52% .517'* September .. .527* .51% BARLEY— July 36 .36 September ... .38% .38% .33% .38% CHICAGO CASH GRAIN By United Press CHICAGO. May 9—Cash grain close: Wheat—No. 1 red, 78%c: No. 2 hard. 73c. Corn—No. 2 mixed. 43%®43%c; No. 3 mixed, 41%®42%c: No. 2 yellow, 43®44c; No. 3 yellow. 41%®42%c; No. 4 yellow, 41 ®42c; No. 2 white, 44%c: No. 3 white. 43% ®43%c; No. 4 white, 42%c: sample grade. 36®39c. Oats—No. 2 white. 26%®26%c: No. 3 white, 25®26%c; No. 4 white. 24® 24 Vic. Rye—No sales. Barley—3B® 60c. Timothy—s2.2s® 2.60. Clover—s7.2s® 10.25. TOLEDO CASH GRAIN By United Press TOLEDO. May 9.—Cash grain close; (Grain in elevators, transit billing.) Wheat—No. 2 red. 82%®83%c; No. 1 red. 1c premium. Corn —No. 2 vellow. 46®47c. Oats —No. 2 white. 28%®29%c. Rye— No. 2. 57@58c. Track prices. 28%c rate. Wheat—No. 1 red. 79®79%c; No. 2 red 78 ®7B%c. Corn—No. 2 yellow, 42®42%c: No. 3 vellow, 41(ff141%c. Oats—No 2 white. 25%®27%c; No. 3 white. 25®27c. Seed close: Clover—Cash. $6.30; October, $6.50. Alsike —Cash. $6.30: August. $6.50. Product: Butter—Fancy creamery. 26c. Eggs—Extras, 12@12%c. Hay—Timothy, per cwt, 70c. MONTHLY PRODUCTION SCHEDULE DOUBLED Frigidaire Corporation Expects May Output Largest Since 1929. By Times Special DAYTON, 0., May 10.—Frigidaire Corporation, subsidiary of General Motors, will more than double its production this month over May, 1932, according to announcement today by E. C. Biechler, president and general manager. May production will be the largest in any one month since July, 1929, Biechler said, and is made necessary by an avalanche of orders for household refrigerators from all sections of the country. More than 7,500 men are at work in the company’s two Dayton plants. “Despite the fact employment and production have been steadily increasing since Feb. 1, when retooling of our main plant was completed,” Biechler stated, “orders have been piling up faster than we have been able to fill them. “The fact that the orders are for household electric refrigerators is significant to our mind, because it indicates householders are beginning to buy more normally and are selecting home improvements. The orders are from every one of the forty-eight states.

day the seedlings were transplanted. Only one lived, and from it came the seed for America’s first bearing grove of tung trees. Next: What f general helped boild a statue in honor of a man he had executed?

Produce Markets

Delivered in Indianapoll* price*: Hens, heavv breed* over 4% lb*. 10c: Leghorns. 6c Broilers: Colored Springers. 2to 2% lbs.. 17c: 1% to 3 lbs., 14c: Spring* (Leghorn) 1% lbs. ud. ijc: Barebacks. 7c: Cox and stags. 6c; Leghorn cov and Leghorn stag*. #c. Ducks, large white full feathered and fat: over 4 lbs.. 7c: small ar.d colored. sc. Geese, full feathered and fat. sc. Young Guinea*. 20c: eld Guinea*. 15c. Eggs—No. 1 fresh country run eggs. 10c: Juliet eggs. 6c. Each fuU egg case must weigh 55 lbs. gross: a deduction oi 10c per lb. for eech lb. under 55 lbs gross will be made, Butterfat. 16c: No. 1 butter. 21® 22c. These prices ara for healthv stock free from feed, no sick poultry accepted. Quoted bv the Wadlev Company. BY UNITED PRESS CHICAGO, May 10—Eggs—Market, unchanged: receipts. 32,594 cases, extra firsts. 14‘*®14%c: firsts, 13%®14'c; current receipts. 13c: dirties. 12c. Butter—Market, steady: receipts. 7.383 tubs, specials. 12%® 23c. extras. 22c: extra firsts. 21%c; firsts 20%®21%c: standards. 22c Poultry— Market, steady to %c higher; receipts. 57 trucks: fowls. ll®13r; springer*. 14®16c: Leghorns, 10' ?c; ducks. 9® 12c: geese. 7c: turkeys, 12® 14c: roosters. B%e. broilers. 21® 24c: stags, lie Cheese—Twins. 13® 13%c: Longhorns. 13®13%c. Potatoes— On track. 264. arrivals. 101 shipments. 781; market, supplies moderate: trading moderate; prices steady to slightly weaker; Wisconsin sacked Round Whites. 70®72%c; Minnesota sacked Red River Ohio?. 56® 70c; Idaho sacked Russets. *130®135; Louisiana sacked Bliss Triumphs, $2®2.i6: Alabama sacked Bliss Triumphs, st.Bo®2. CINCINNATI. Mav 10— Butter: Packing stock No. 2. 14c: No 3.12 c: butter fat delivered. 20c. Eggs Firm, i Cases included) extra firsts. 13c; seconds. ll%c; nearby ungraded. 12%c. Live poultry: (Following quotations represent, prices for poultry in good healthy condition. Thin and coarse stock seils only at heavv discount.) Fowls, 5 lbs., and over. ll%c: 4 lbs., and over. ll%c; 3 lbs . and over. 11%C. leghorns. 3 lbs., and over. 10c; roosters. 6c; colored broilers. 1 lb . and over. 17c; 1% lbs., and over. 19c: 2 lbs . and over 21c; leghorn broilers. 1 lb., and over. 17c: 1% lbs . and over. 19c Ducks, under 3 lbs., sell at liberal concessions. Ducks, white, 4 lbs., and over. 6c; under 4 lbs.. 6c; colored. 4 lbs., and over. sc; under 4 lbs. guineas. 10c; turkevs. No. 1. 11c: No. 1. old toms. over. 15 lbs.. 10c; No. 1. old toms. 10c.

The City in Brief

THURSDAY EVENTS Advertising Club luncheon. Columbia Club. Engineering Soetety luncheon. Board of Trade. Sigma Chi luncheon. Board of Trade. Shrine Caravan Club luncheon. Murat temple. Acacia luncheon. Harrison. American Business Club luncheon, Columbia Club. Illini Club luncheon, Columbia Club. Real Estate Board luncheon, Washington. Sigma Nu luncheon. Washington. Alliance Francaise meeting, 8 p. m., Washington. Indiana Knights Templar annual con.clave, all day. Masonic temple. Indiana Council on International Relations, annual conference, all day. Lincoln. Recration Club luncheon, Washington. Croebus Club meeting, 8 p. m., Washington. Fifty-two boys have registered for the Tabernacle Presbyterian church camp to be held at Camp Crosley June 19 to July 1 at Lake Tippecanoe. The camp quota is 100. Dr. William Lowe Bryan, president, will participate in ceremonies marking the laying of the cornerstone of the new dental college of the Indiana university medical center May 16. Members of the Indianapolis Advertising Club will hold their luncheon this week at the Kroger Grocery and Baking Company, 1011 East St. Clair steet, at 12:15 Thursday. They will be taken on a tour of the plant after the luncheon. Three bottles of 3.2 beer valued at $5, were stolen Tuesday by two Negroes, who. it is alleged, broke the lock on an outside icebox at the fruit stand of Alonzo Frankowitz, Twenty-eighth street and Capitol avenue. Myra W'ilson, 2154 Broadway, reported to police an envelope containing $16.50 and a $250 certificate of Indianapolis Power and Light Company stock was taken from a shelf in her bedroom. “Forget the Depression” will be the subject of Albert Ward, former United States district attorney, in an address Thursday at the Indianapolis Real Estate Board luncheon at the Washington. Collapse of the outer fire wall of the Knights of Columbus hall, 1305 North Delaware street, Tuesday night, caused brick and mortar to fall in Hudson street, which was barricaded by police and firemen. Little damage was done. “Criminals avoid Indianapolis because they know’ law enforcement officials are working in harmony,” Criminal Judge Frank P. Baker told the Traffic Club Tuesday. He cited the police radio as a major factor in the decrease of crime in this county. A benefit dance will be held May 13 in the auditorium of Holy Name church by the Ladies Altar Society with Mrs. Amos Huegle, chairman. Music wall be supplied by Mary Ellen and Her Buddies. Forty applicants for three city electrical inspection positions will be examined May 22, it was decided Tuesday by the safety board.

A delegation from the Monday Luncheon club, an organization of Negro citizens, appeared before the school board Tuesday night to demand additional privileges for Negro pupils of Crispus Attucks high school. Marriage Licenses Kenneth Gross, 22. 509 Smith Lane bus bov. and Mary Frances Long. 16 115 South State avenue. Francis G. Akers. 26. 2419 East Washington street, moulder, and Ruth Virginia Herin, 21. 2914 East Washington street house worker Stephen Clark Hadley. 21. 227 East Six-ty-third street, school equipment business, and Marv Kathrvn Kieer. 20. 4414 North Meridian street, stenographer Louis H. Floerke 22. 918 Cottage avenue clerk, and Vonnie Jar.e Decker 19 922 Cottage avenue. Jesse Leßoy Bowman. 23, Lincoln, mechanic and Catherine. Lucille Ruebush. 21 Lincoln, housekeeper. Elmer J. Terry. 31. Jackson. Ky.. teacher. and Omeda Hadden. 26 Lincoln, teacher. Births Boys Charles and Ada Sensei, 1502 IVade. Roscoe and Ruby Smith, 3433 Orchard Albert and Irne Shaner. St. Vincents hospital. Harry and Ruth Hoy, Christian hospital. Girls Richard and Julia Anderson, St. Vincent’s hospital. Paul and Virginia Frisz. St. Vincent’s hospital. Marcus and Inda Katz. St. Vincent's hospital. James and Thelma Young. St. Vincent’s hospital. Joseph and Ella McHugh. St. Vincent's hospital. Ernest and Dorothy Parks. St. Vincent’s hospital. Wiliam and Lucille Woods, St. Vincent’s hospital. Fred and Agnes Stuckey. 1109 West Twenty-eighth. Theodore and Barbara Evtson, 620 Fletcher. Charles and LaVerne Sumner. 730 Sanders. Deaths Katherine Lmzback. 61, Central Indiana hospital, lobar pneumonia. Earner James Rork. 47, Methodist hospital. acute nephritis George W, Panghorn. 81. 2101 North Pennsylvania, chronic myocarditis Marie Quinn Beck, 39, St. Vincent’s hospital, carcinoma. Lula Cave. 36. city hospital, chronic myocarditis. Harden Perry. 30. city hospital, fractured skull. Rasclla Ridings. 67, Mathodlit hospital. lobar pneumonia. Earl Sett, 51. 3740 Elizabeth, carcinoma Etta Mae Bryson, 27, 4900 South Eastern. chronic nephritis. Ida M. Brown, 36, 317 Koabne, carcinoma. f m Elizabeth Lavina Ray, 53, 14 North Irvington, cardinoma. Helena Gramltng, 66. 2144 North Pennjylvaaia, carcinoma, J

PAGE 13

CITY BUSINESS LEADERS SEE TRADEREVIVAL Several Firms Report Tide of Sales Rising: May Mean More Jobs. Indianapolis today appeared headed into anew business era, with leaders in various lines of commerce noting an upturn and expressing confidence for the outlook in the next few months. Increased orders and sales were reported and heads of some firms announced employment of additional men. Majority of employers in the city said they had not been able to make a concerted drive toward boosting personnel and wages, but were watching the business pulse to decide whether they would step into expansion programs. Twenty-five per cent pay increases to employes of P R. Mallory A: Cos., Inc., was reported at the plant. It also was reported that the personnel of the plant had been increased 50 per cent. Hopeful at Kingan's Clarence Keehn, vice-president of Kingan & Cos.. Ltd., said the chief phase being watched by his company is the advance in commodity prices. “This program has a good chance of success,” he said. “The farm relief bill, as well as inflation, will play a big part in any expansion program which we may contemplate. There has not been enough evidence of material benefits yet to warrant raising wages or teking on more help.” Officials of Marmon-Hernngton Company, manufacturers of heavy duty motor trucks, today announced receipt of a large order for United States army trucks. They said increased employment will result, with the company starting on the program immediately. Ship to Syrian Desert The new trucks will be built under special specifications to haul 75 mm. field guns. In addition, the company is constructing a truck to be used as a portable machine shop for the army field service. Additional pipe -hauling units also will be shipped this week for use in the Syrian desert. Business improvement in the last few weeks has been noted by Arthur V. Brown, president of the Indiana National bank and the Union Trust Company. “There appears to be more confidence and some of our depositors and customers, in many lines of business, tell me there is quite an upward trend in their lines,” he said. “The merchants, particularly, are feeling the benefit of the improvement. Many persons appear to be buying now, in anticipation of an inevitable increase in prices. Many Replenish Stock “For several years, merchants have carrisd small stocks on their shelves and this stimulation in buving has forced many of them to send rush order to replenish their shelves.” Several downtown stores said they had not experienced a marked increase in buying, but S. A. Sullivan of L. S. Ayres & Cos. declared “some improvement is noticeable.” “Thirty-one departments of the store this month are ahead of the same days last year,” he said. “The women’s ready-to-wear alteration department reports handling of more pieces, although, because of lower prices, the volume of sales in this department is not as high as for the same period a year ago.” Sullivan said there is more interest in home furnishings, which he termed “an indication of confidence on the part of the public.” Management of the store has announced vacations with pay will be continued this summer.

Expect Price Rise Officials of clothing companies are looking forward to advance in prices as a business stimulant. One local company, it is reported, already has received notice to increase the price of clothing. Officials of the Link-Belt Company and the Van Camp Hardware Company have noted improvement. “Our business is enjoying what might be termed a noticeable improvement,” James Watson, vicepresident and general manager of the Link-Belt, said. “Generally speaking, there Is more interest in different kinds of articles. Orders are more numerous, more diversified, and in better volume.” Increase in buying is apparent, officials of Kothe-Wells-Bauer, wholesale grocers, said. Leaders in the grocery business forecast price boosts in the food field. Others Note Increises Heads of two other grocery firms said they had noted increases in the last few weeks. A representative of the Midwestern Petroleum Company said that extra help had been employed to refinish equipment of the company, and C. W. Manville of the Shell Petroleum Company said the drop in gasoline prices had brought increased consumption. “We have taken on some extra help to aid in rebuilding our stations.” he said. “Sales have increased since April 8.” Seasonal house rentals are increasing, according to Lawrence G. Holmes, executive secretary of the Indianapolis Real Estate board. "Some of this might be attributed to an increase in employment and to families, who formerly lived together, Some improvement is noted in sales of low and high-priced residences. There is not much activity in intermediate groups. Public Hard to Pleas C. B. Durham, manager of the Security Trust Company real estate department, said the public is willing to buy, but hard to please. “I believe there have been more sales in the last ten days than in any two months for some time past,’' he asserted. Favorable business developments of the last few weeks give “reason for encouragement,” Louis J. Borinstein, president of the Chamber o£ Commerce, said. “That our progress will be slow and subject to some setbacks ought to be expected, but we can feel more certain than at any time since 1929 that we now are moving forward distinctly,” A