Indianapolis Times, Volume 45, Number 1, Indianapolis, Marion County, 12 May 1933 — Page 26

PAGE 26

STOCK ISSUES IRREGULAR IN FASUESSION Contra-Seasonal Gains Are Reported in All Lines of Industry. Average Stocks Prices Average of twenty rails for Thursdav high 83 61. low 82 48. up 170 Average of twenty rails 37 92 36 41 37.43. up MO. Average of twenty utilities. 28 .75, 2i 33. 28,48 up 146 Average of forty bonds 80. 9. up !09 Average of first rails 88 14. up 1 30. Average of ten second rails fid 29 ip 172. Average of ten utilities 89 86. up 74 Average of ten industrials 78.47, up .60. BY ELMER C. WALZER United Press Financial F.ditor NEW YORK. May 12.— Stocks opened irregular today in active turnover. Blocks of 1,000 to 14,000 shares came out at the outset, cotton dipped 2 to 51 points after a broad gain Thursday. The dollar was steady in terms of foreign exchange. News from the business centers continued to reflect growing confidence. Trade Gains Reported The Dun * Bradstreet review found wholesale and retail trade making contra-seasonal gains; prices advancing; heavy industries at the best levels in a year. Despite the good business showing, many brokers warned clients to proceed rarefully in anticipation of a technical reaction. Others advised purchases on recessions. Selling that occurred in the early trading was well absorbed by those who took the advice of the latter group. Leaders Are Irregular Leading issues moved in opposite directions in many instances. U. S. Steel dipped to 49, off %, while American Telephone rose % to 106%. The first sale of Commonwealth & Southern was a block of 14.000 shares at 2%, unchanged from the previous clase. Armour B. came out f 300 shares at 24, up % and anew top for the year. Pacific Gas <fc Electric rose 4 to 27 on 6.500 shares. New York Central on a block of 4,500 shares rose to 274, up Transamerica opened 5,000 shares at 64, unchanged. Bank Clearings INDIANAPOLIS STATEMENT —May 12— Clearings 3L66J.000.00 TREASURY STATEMENT Mav 12Net balance for May 10. .. $474,568,283.01 Expenditures . 'S'SfS'JSS n? Customs rects mo. to date. 6,828.688.05 Foreign Exchange Bv Abbott, Hoppin Ac Cos. —Mav 11Sterling. England 53 551?, Franc. France 0461 2 Ltr.i. Italy o>lß Belgas, Belgium itua Mark. Germany }753 Guilder, Holland 4718 Peseta Spain 1004 Krone. Norway 2017 Krone. Denmark . 1763 Yen Japan 2419 Investment Trust Shares By Abbott. Hoppin & Cos. -Mav 11Bid. Ask American Bank Stocks Corp.. 1.16 136 American Founders Corp 1 00 2.00 American & General Sec. "A”. 4.00 6.00 Basic Industry Shares 2.72 British Type Inv. Tr. Sh. .47 .51 Collateral Trustee Shares A 4.25 4.62 Corporate Trust Shares toldi . 2.03 Corporate Trust Shares inewi 2 04 2 11 Cumulative Trust Shares. . 3.50 Diversified Trust Shares A .. 6.00 Diversified Trust Shares "B" . 6.75 7.75 Diversified Trust Shares "C". ■ 2 67 2.77 Diversified Trust Shares 'D'\. 4 45 4.55 First Insurance Stock Corp... 1 82 2 12 First. Common Stock Corp. . 127 1.45 Fixed Trust Oil Shares "A 7 60 7.75 Fixed Trust Oil Shares "B" 618 6.38 Fundament Trust Shares B' . 3.55 2.65 Leaders of Industry "A".. . 200 Law Priced Shares 425 Mass Inv Trst Shares 16 12 17 87 Nation Wide Securities 2 92 North Am Trst Shares 1 1953 1 1.66 Nor Am Trust. Shares <'ss-'s6i 2 20 2 45 Selected American Shares ... 228 234 Selected Cumulative Shares.. 605 6.70 Selected Income Shares.. ... 325 3 62 Sup Am Trst Shares A ... 257 Trust Shares of America . 262 2.75 Trustee Std Oil ' A' 395 4 15 Trustee Std Oil “B" 3 65 3.85 V. S Electric It & Pw A .12.50 Universal Trust Shares 2.63 2.73 New York Bank Stocks ißv Abbott, Hoppin * Cos.) —May 12— Bid. Ask. Bankers 57% 58' Brooklyn Trust 102 107 Central Hanover .... 125 127 Chase National 254 25'* Chemical .. 35** 36'* City National . 29'* 294 Corn Exchange 54 55 Continental 14 s * 15 s * Empire 20', 20% Guaranty 2754 2774 Irving 18 18', Manhatten A- Cos . 214 214 Manufacturers 154 154 Public 21 214 Liberty Bonds By United Press NEW YORK. Mav 11.—Closing liberty bonds Liberty 34s 32-47 102 3 Liberty Ist 4>*s 32-47 102.2 Liberty 4th 4 1 ,s 33-38 102 29 Treasury 4',s 47-52 . . ... 108 22 Treasury 4s 44-54 105.15 Treasury 3', s 56-56 103.27 Treasury 34s 43-47 101 24 Treasury 34s 41-43 March 101 24 Treasury 34s 40-43 June 10! 24 Treasury 34s 46-49 99 21 Treasury 3s 51-55 98 16 CHICAGO STOCKS (By Abbott, Hoppin A: Cos.) —May 11— High. Low Close. Bendix Aviation 144 134 144 Borg-Warner 134 124 13 Butler Bros 44 44 44 Cent 111 Securities. Com .. .. 54 Chicago Corp. Com. .. 24 24 24 Chicago Corp. Pfd . 234 224 224 Chicago Yellow Cam . 13 124 13 Cities Service .. ... 24 24 24 Commonwealth Edison 63 594 63 Cord Corp 9% 94 9s, Electric Household .. 74 74 Great Lakes Aircraft.. .. ... 4 Grisby-Grunow 14 14 14 Pruna Cos 15 14V, 144 Public Service. N P 264 26 264 Quaker Oats 115 114 114 Swift A- Cos 164 154 164 Swift International 144 234 24', V S Gypsum, Com .37 36 37 US Radio & Tel 12 104 IP, Utility A Ind 1 Utility A- Ind. Pfd .. 24 Votex Cup Cos 7 64 6 s , Walgreen Cos. Com .17 164 164 Daily Price Index By United Press NEW YORK. Mav IT—Dun * Bradatreefs dailv righted index of thirty basic commodities. compiled for the United Press 1 1930-1932 Average. 100) Today 88 01 Wednesday 86 S3 Week ago 85 12 Month ago 75 82 Year ago 75 12 1933 High 1 May ID 88 01 1933 Low (Jan 2C. 67 86 Copyright 1933, bv Dun A- Bradstreet. Inc. NEW YORK RAW SUGAR FUTURES —Mav 11— High. Low Close. January 1 46 1 45 1 46 HATCH ...._. 1.53 1.49 1.59 J’C- -J. 138 134 1.35 Miber 1.43 1.38 1.40 Dewmber 1.48 1.44 1.44

New York Stocks 1 1 11 (By Abbott. 7 Hoppin St Cos.)

—Mar 12— Oil*— Prev. High. Low. 11 00 close. Amerada ••• ??'• < At, Hig 20 19 • 19 , 19 * li&rnsaal! • , t> Lor.sot Oil . 8 , 8 2 84 84 Coni of Dei 114 11 11 114 Houston inewi.. .. . . .. 4 ; , Houston CiQi . 20 ■ 204 20 4 29 , Indian R'.tt • 2'* Mid com Pet... 84 84 84 6 * On;o Oil . 94 J 94 10 vet Corp ... B'* 84 i-hiUips Pet . 104 104 104 104 j ure 0:1 • • 64 64 Koval Dutch . .. .. ... 244 Sod Oil . 274 2.4 2,4 27* bheil Un 7 74 Simms Pet 84 kellev Oil .•■ 54 Soc Vac 10 &4 94 9' 5O of Cal . 304 304 30 4 304 SO of Ind . .. .. 254 254 8 Oof N J . 34 4 34 4 34 4 344 Sun Oil ...... . • ... 38 a Texas Corp . . 174 174 174 174 Tidewater Oil .... .•. 9 Tidewater Assn 54 5 4 54 5 4 Un Oil of Cal.. .. ... 134 134 Steels— Am Rod M.lls 154 154 Beth Steel .. 26 4 26 a Bvers A M 214 204 21 • 214 Col Fuel & Iron 9‘* Cruc Steel 18 Gulf Sts Steel 21 Inland Steel ... 29 284 Lualum Steel 94 94 McKeesport Tin .. . 794 Natl steel . 42 4 40 4 404 414 Hep iron A- Steel 144 144 144 144 Rep In a: Stl pfd .. ... ... 31 U S Smelt ... 37 37 4 Vanadium 184 18V* 184 19 U S Pipe A Fdv . ... 134 134 U S Steel . . . . 49 48 4 48 4 494 U S Steel Pfd 844 83 4 Young twn SAT 224 Rails— Atchison 604 604 60 4 61 Ati Cst Line 38 •* 384 II & O 154 154 15 Vs 10% Can Fac 13 ■/* 137* 137* 13 :, cn A Ohio 354 35 Chi A Gt W 34 34 C M A St P 3 4 3 C M A St P p and 44 44 44 44 Chi N W 7 4 74 7 s * 74 Cni R Isl 8 4 84 Cni R I 7' r old 114 De,a A Hud. ... 64 63 4 63 4 644 Erie ... 94 94 Gri Northern .. 18% 13 184 18% 111 Central 9:* 9 4 9 4 19 * H C Souu 134 134 134 134 Lou Nash .. ... 424 424 MK & T 114 114 Mo Pac ... 34 3 4 Mo Pac pfd 44 44 N Y Cent. 284 28 4 284 284 N Y Chi A L 9 74 N Y Chi ASt L pfd . . . ... 84 N Y New Haven. 204 20 20 204 N Y Ont A Wes 124 12 Norfolk A Wes.. .. ... 1444 144 Nor Pac 224 214 21 4 224 Penn HR . 244 244 244 244 Reading .. .. • 404 Sou Pac 234 224 224 23.. Sou R R 15 144 144 154 Sou R R Pfd ... . ■ 194 Union Pac 87 86 864 88 Wabash ... 24 24 W Maryland 94 9 Motors— Auburn 464 46 4 464 474 Chrysler 20 194 194 204 Gen Motors . .. 24 4 23 4 24 4 24 4 Graham Mot ... 24 24 Hudson ... 74 74 Hupp 34 Mack Truck 28\ 28 s * Marmon .... ... 4 4 Nash 174 17 17 17 Packard 4 4 4 4 4 4 44 Reo 44 44 4 V* 44 Studebaker ....... ... 4 34 Yellow Truck ... 54 54 Motor Access— Bendix 144 14 14 144 Bohn Alum .. . 25 25 Borg Warner . . 124 124 12 s * 124 Briggs 74 74 74 74 Budd Wheel 3 24 3 24 Eaton Mfg ... ... 104 Elec Auto Lite.. 194 184 184 194 Mullins Mfg ... 64 64 Murray Body *44 44 Stew Warner 64 64 Timkin Rol ... ... 234 Mining— Alaska Jun 15 144 15 30 Am Smelt 294 29'* 294 30 Anaconda 134 124 124 134 Cal A Hecla ... 5 44 5 5 Cerro de Pasco 214 204 204 21 Granby 94 94 Gt Nor Ore 94 Homestake Min 1897* Howe Sound 164 164 Ins Copper 54 54 Int Nickel . . .. 144 144 144 154 Isl Creek Coal ... ... 20 Kennecott Cop.. 18 174 17-V* 174 Miami Cop ... 4 44 Nevada Cop ... 8 ',2 24 Noranda Cop ... 254 254 254 254 Phelps Dodge 124 Pitts Coal 13 Tobaccos— Am Snuff .. ... ... 434 Am Sum Tob 114 124 Am Tobacco A . .. ... . 79 Am Tobacco B. . .. ... 814 824 Gen Cigar 35\ 364 Ligg A Myers B 83 4 84 4 Lonllard ....... 19 184 187* 19 Reynolds Tob B. 404 394 394 40 Equipments— Allis Chalmers . 154 154 154 154 Am Car A Fdv. . ... ... 164 Am Loco ~ . ... 15 Am Mach A Fdv 17 164 164 17 Am Steel Fd.v .. 134 134 134 134 Bald Loco 87'* 84 34 9 Burroughs .. ... 134 Case J I 614 604 614 624 Cater Tract . 154 154 154 154 Colg Palm Peet. .. ... 16 16 Congoleum .. ... 13 124 Elec Stor Bat 39 s * 384 384 394 Foster Wheeler.. 13"* 134 137* 134 Gen Am Tk Car ... 264 264 Gen Elec . . 20’* 20 4 20 4 204 Gen R R Sig ... ... 264 27 Ingsol Rand ... 43 1 434 lilt Bus Mach 1174 1174 Int Harvester . . 35 344 344 354 Kelvinator . 9 5 * 9 4 9 4 9 4 Natl Cast Reg.. 144 144 144 144 Proc A Gamble. ... 39 4 394 Pullman Inc . . 35'* 344 35 354 Simmons Bed. 12 114 12 114 Und Elliott. . . 26 4 26 4 26 4 254 West Air B . OS 3 * 234 234 234 Westingh Elec . 384 38 4 38 4 38 4 Worthington P.. 204 20 4 20 4 204 Utilities— Am A For Pwr.. 114 114 114 114 Am Power A Li 9 84 84 84 A T A T 106** 1044 1064 1054 Am Wat Wks 23 Brook Un Gas.. .. ... ... 784 Col Gas A Elec . 18 174 174 18 Col Cr A E pfd 74 Com A Sou 2Vi 2 2VI 24 Consol Gas . 55 4 54 4 54 4 55 4 Elec Pwr A Lit... 84 84 34 84 Int Hvdro Elec . 6 54 54 54 Int TAT . 13 s * 13 134 134 Lou GAEA. 18 18 Nat Pwr A Lit.. 144 , 13 s * 14 144 North Amer. . 26 s * 264 264 26 s * Pac G A E .. 27 26 s * 26 4 264 Pub Serv NJ. .47 4 47'* 474 474 So Col Edison.. 22 21 s * 21 s * 21’* Std Gas 144 134 134 134 Std Gas pfd . 194 19 194 194 United Corp Un Gas Imp . . 19 184 184 194 Ut. Pwr A L (At 5 4 s * 44 4 s * Western Union.. 414 40 4 414 404 Rubbers— Firestone 20 s * 204 20'* 20 s * Goodrich 12 s * 124 124 13 Goodyear 32 s * 32 4 32 s * 33 4 U S Rubber 94 94 94 94 U S Rub pfd. 20 s * 19 s * 194 20 s * Croslev Radio ... ... 84 84 Fox Thea 34 Loews Inc . .. 18 s * 194 Radio Corp .... 74 74 74 7 s * R K O 3 24 33 Warner Bros 34 34 34 3 s * Foods— Am Sugar ... 53 4 53 4

- THIS CURIOUS WORLD -

ose.*. :k,found S OF THE ; are if THROUGH ISSOLVING THERH.

It often has been stated that every living cell of the human body is replaced each seven years, but Dr. Edward Adolph, of the University of Rochester, lists parts of the b*dy thus: Potassium changes every seventy-two days;

Armour (A) 4% 44 44 44 Beatrice Cream y . . .. 174 Borden Prod 34 4 33 4 33 4 344 Cal Packing 184 184 184 18 s * Canada Dry G A 124 12 12 124 Coca Coia . . 84 s * Cont Bak lAp . Bs*8 s * 34 34 ... Corn Prod 71 714 Crm of Wheat . .... 324 324 Gen Foods 324 32 32 334 Gold Dust 21 214 G W Sugar 22 4 22 s * Hershev 504 Int Sait 21 Loose Wiles 38 s * 38% Natl Biscuit . 51 504 504 52 Natl D Prod 184 184 184 18 s * Pet Milk . 10 10 Purity Bak 174 17 s * S Porto Rico S . 294 29 4 29 4 29 4 Std Brands . .. 19 184 184 19 United Fruit 49 4 50 ward Bak (Ai 54 54 Wrtglev 47 Retail Stores— Ass Dry Goods.. in s * Best A Cos I 93 Gimbel Bros .... 34 34 34 34 Gimbel pfd . * 15 2 Gr Nu Tea 7 Hahn Dept Sts 3% 3 4 Jewel Tea 351, Kresge S S . . . 104 104 io% 10’* Kroger Groc 29 28 s * Macy R H 551, May Dept St 23 23 Mont VVard . .23 22 4 22 4 234 Penny J C 375, 38 i s Safeway St 48 49 Sears Roebuck 25 4 244 24 4 25 4 Woolworth 37 s * 374 374 37 s , Aviation— Aviation Corp Douglass Air . 154 15 'is 154 Curtiss Wright, . 24 2 s * 2 s * 2 S Curtiss Wr A. . . 44 44 43® 43® Nor Am Av 7’* 78* 7 s * 7 s ! United Aircraft. 294 294 29 4 32 4 Chemicals— Air Reduction 7219 72K Allied Chem ...968* 964 964 974 Am Com Alcohol .. . 21 21 s ! Col Carbon 8 Com Solvents .. i7 ‘i64 ‘i7 171. Dupont 624 614 62'* 624 Freeport Tex ... 31 s * 314 31 s * 511^ Liquid Carb .... 23 22 4 22 4 22' Nthwrn Alkali .. „ . 8 8 l\ /x Tex Gul Sulph.. .. Union Carbide.. 354 344 '3434 353, U S Indus Alco. .. .? 4 284 284 Drug-'— Coty Inc 5 10 ~, P ru * Inc 47 s * 474 47 4 474 Lambert .... 3is s 311*. 3,1, 2 Lehn A Fink ... 20'* 20 20 20 Zonite Prod Financial— / Adams Exp .... 8 7% R 73, Allegheny Corp. .. . 2 2 Chesa Corp . . . 29 4 284 28 4 294 Transamerica .. 64 6 3 /* fist aa Tr Conti Corp. ... .. 8 g 8 Building— Am Radiator.... 10% 104 104 104 Gen Asphalt pv jV*/ Int Cement 18 174 is li*. John Manville.. 304 29 s /* 294 an Libby Owens Gls 204 194 194 20 Otis Elev 184 184 184 184 Lion Const 14 14 14 14 Miscellaneous— 4 1/2 Am Bank Note ... 77 Am Can 814 Bi 4 - Bi4 83 Anchor Cap . 154 15 15 154 Brklvn Man Tr. . ... 31% 31,4 Conti Can 564 56 56 56% Eastman Kodak. 724 72% 724 73 Owens Bottle 68 67 4 68 69 4 Dinette 134 134 134 134 Glidden 9Vi 9 9 94 Gotham Silk ... 144 144 144 144 Indus Ra.von.. 494 49 494 494 Inter Rapid Tr Real Silk Hose 10 New York Curb Market (By Abbott. Hoppin A Cos.) —May 11Alum Cos of Am 654 Imperial Oil 94 Am Bev 3 Inti Ptrol 134 ACP& LB. 44 1 Lone Star Gas... 74 Am Gs A El.. 32 iMount Prod 3% Am Sup Pwr 4 s , N Bellas Hess 24 Ark N P A 14 Niag Hud Pwr...12 Ass Gas A 14 Pan A Airways.. 39 Atlas U Crp 124 Penroad 2 3^ Braz T A L.... 114 Pioneer G Mines 83/ 4 Cent Sts El 24 St Regis Paper.. 3 3 * Commn Edison. 62 Std Oil of 1nd...254 Cord 94 Std Oil of Ky... 13% Deere A Cos 184 United Founders. 4 El End A Sh.. .2041 United Gas 34 Ford of Eng 3 s * Un Lt A P A.... 4 Fort Mot Can... 84|United Verde 3 3 / B Hudson Bay Min 741TT PA L 2 1 /* Produce Markets Delivered in Indianapolis orices: Hens, heavy breeds over 44 lbs. 10c; Leghorns. 8c Broilers: Colored Springers. 2to 24 lbs.. 17c: IV2 to 2 lbs.. 14c: Springs (Leghorn) 14 lbs. up. 13c; Barebacks. 7c: Cox and stags. 6c: Leghorn cov 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. 10c: Juliet eggs. 6c. Each full egg case must weigh 55 lbs. gross: a deduction of 10c ner lb. for each lb. under 55 lbs. cross will be made. Butterfat. 16c: No. 1 butter. 214722 c. These prices are for healthy stock free from feed, no sick poultry accepted. Quoted bv the Wadley Company. BY UNITED PRESS CHICAGO. May 12. —Eggs—Market, firmer: receipts. 45.372 cases: extra fifirsts. 14'*014 J ic: firsts. 14# 144 c; current, receipts. 13Vic; dirties. 124 c. Butter—Market. steady: receipts. 14,950 tubs; specials, 23W234c; extras. 224 c; eptra firsts. 214 # 22c: firsts. 21®214c: standards. 224 c. Poultry—Market, steady to 4c higher; receipts. 22 trucks: fowls. 12# 13c: springers. 14# 16c; Leghorns. 104 c; ducks. 9#l2c; geese, 7c; turkeys. 12# 14c; roosters, 9c; broilers, 21#24c: stags. 11c. Cheese Twins. 13# 134 c: Longhorns. 13® 134 c. Potatoes—On track. 232; arrivals. 112shipments. 903 ; market dull, slightly weaker; supplies moderate: trading slow; Wisconsin sacked round whites. 70c; Idaho sacked round russets. $1.35; Louiiana sacked Bliss Triumphs. $1.85#2; few higher; Alabama sacked Bliss Triumphs $2.10; Texas sacked Blis Triumph, $2.10. In ihe Cotton Markets CHICAGO —May 11— High. Low. Close. January 9.50 9.30 9.50 March 9.65 9.49 9.65 May 8.55 July 8,98 8.82 8.98 October 9.25 9.06 9.25 December 9.43 9.24 9.43 NEW YORK January 9 42 9 25 9,42 March 9.59 9.39 9.58 May 8.82 8.62 8.82 July 8.97 8.87 8.97 October 9,21 9.01 9.21 December 9 37 9.17 9.37 NEW ORLEANS January 9.37 March 9.54 9.37 952 Mav .. . 8.58 Julv 8.92 8.72 8.92 October 9.17 8.98 9.17 December .. 9.33 9.14 9.30 INDIANAPOLIS WAGON WHEAT City grain elevators paving 74c for No. 2 soft wheat. Other grades on their merits.

magnesium, 103 days; nitrogen, 290 days; iron, about every 300 days; phosphorus, 800 days; lime, 2,300 days. Next —ln whose honor was Mother's Day first Nlebrated?

-THE INDIANAPOLIS TIMES

HEAVY DEMAND CARRIES SWINE TO SUS TOP All Cattle Classes Scarce in Active Trading; Prices Up. For the third successive day hogs staged a sharp advance over the preceding session at the Union Stockyards this morning. During the last seven trading days the price of porkers has moved up 60 cents. Compared with the January 2 figures of 53.10, the top on that day, hogs have made a gain of 51.55 during the first four and one-half months of the year. Top today was 54.65. The bulk of sales this morning. 160 to 300 pounds, were made at $4.55, with several loads going at $4.60 and the top of 54.65 paid in a few instances. Weights of 300 to 400 pounds brought $4.50; 120 to 160 pounds, $4 to $4.35. Receipts were, estimated at 7,000. Holdovers were 243. All classes were extremely scarce in the cattle market. General trade was active" in a slightly higher price range. Receipts were 300. Vealers were strong to 50 cents higher, selling mostly at $5.50 down. Top price was $6. Calf receipts numbered 600. Sheep were active, the range strong to higher. Bulk of sales generally were around $6.25 to $6.50. Receipts were 2,000. Thursday’s strength was carried over in the Chicago hog market, with few early bids moving around 15 to 25 cents higher than the previous session. Choice desirable weights were bid in at $4.65 to $4.70. Several classes were active, but prices undetermined in the early trade. Asking also was sharply higher. Receipts were estimated at 20,000, including 10,000 direct; holdovers, 2,000. Cattle receipts were I, calves, 500; market strong. Sheep receipts numbered 9,000; market around 25 cents higher. HOGS May, Bulk. Top. Receipts. 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 11, 4.35#4 40 4.40 6,000 11. 4.35# 4.40 4.40 6,000 12. 4.55® 4.60 4.65 7,000 (140-160) Gooff and choice....s 4.20® 4.35 —Light Weights—-(l6o-180) Good and choice.... 4.55 1180-200) Good and choice.. . 4.55® 4.60 —Medium Weights—(2oo22o) Good and choice 4.55# 4.65 (220-250) Good and choice.... 4.55@ 4.65 —Heavy Weights—■ 1250-290) Good and choice. .. 4.55® 4,65 1290-350) Good and choice 4.50# 4.55 —Packing Sows—(3so down) Good 3.85® 4.25 (350 up) Good 3.75® 4.00 (All weights) medium 3.50# 3.85 —Slaughter Pigs—-(110-190) Good and choice.... 3.90# 4.00 CATTLE Receipts. 300; market, steady, (1,050-1.100) Good and choice $ 5.50® 6.75 Common and medium 3.75# 5.50 (1.100-1,5001-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, higher. Good and choice $ 5.00# 6.00 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 Commfc and medium 3.00# 4.75 SHEEP AND LAMBS Receipts. 2,000; market, higher. —Lambs. Shorn Basis — (90 lbs. down) Good A choice..s6.2s# 6.50 (90-110 lbs.) Good and choice.. 5.75# 6.25 (90 lbs. down) Corp. and med.. 4.00# 5.75 Spring lambs 6.00© 8.00 —Ewes— Good and choice 2.00# 7.00 Common and medium I.oo® 2.00 Other Livestock BY UNITED PRESS CHICAGO. May 12. Hogs Receipts, 20.000. including 10.000 direct; holdover. 2.000 market mostly 25c to 35c higher than Thursday; packing sows. 15c up; bulk better grade hogs, all weights. $4.65® 4.75; top. $480; 140-160 lbs., [email protected]; pigs. $3.50®4; packing sows, around $4; light lights. 140-160 lbs., good and choice. s4# 4.65: light weight. 160-200 lbs., good and choice. 54.50#4.75; medium weights, 200250 lbs., good and choice. $4.65#4.80; heavy weights. 250-350 lbs., good and choice. $4.65# 4.75; packing sows. 275-550 lbbs.. medium and good. $3.80®4.15; slaughter pies. 100-130 lbs., good and choice. 53.50#.4. Cattle—Receipts. 1.500: calves. 500; most killing classes strong to 25c higher; generally 10c to 15c up on cows and 15c to 25c higher on steers and yearlings: lower grades predominating: market active, practically everything sold on early rounds: choice steers and yearlings absbent: best light mixed offerings. $6.40; generally ss#6 market on steers; bulls, strong: vealers. about steady at $4.50®5.50. with selects at $6. Slaughter cattle and vealers—Steers. 550-900 lbs., good and choice. 55.75®7.50: 900-1,100 lbs., good and choice. $5.75#7.50: 1100-300 lbs., good and choice. $5.75#7.50: 1300-1500 lbs., good and choice. 55.50#7: 550-1300 lbbs.. common and medium. $4.50# 6; heifers, 550-750 lbbs.. good and choice. ss® 6: common and medium. s4# 5: cows, good. $3.50®4: common and medium. S3® 3.50; low cutter and cutter. $2.25®3.25; bulls ivearlines excluded' good (beef). 53#3.50: cutter, common and medium. $2.65# 3.25: vealers. good and choice. 54.75 #6: medium. $4.25#4.75; cull and common. s3® 4.25. Stocker and feeder cattle: Steers. 500-1050 lbs., eood and choice. Ss®6: common and medium. s4# 5. Sheen —Receipts. 9.000: steady to strong; stops unevenly higher: good to choice clipped lambs, $5.25#6.50: better bid and refused for several loads: best earlv bid. $6.60. Slaughter sheep and lambs: Soring lambs, eood and choice. $6.50#8: medium. $5.75#6.50: lambs. 90 lbs. down, eood and choice. S6#6 65: common and medium. 54.50#6.15: 90-98 lbs., eood and choice. 55.75®6 60: 98-110 lbs., good and choice. $5.50®6.40: ewes. 90-150 lbs., good and choice. $2.25® 3.25: all weights, common and medium. 51.50®2.50. PITTSBURGH, May 12 Hogs—Receipts, 2.200: market about 10® 15c higher: 160270 lbs.. 54.60® 4.75: 100-140 lbs.. 53.75# 4.15: medium to good packing sows. $3.15 #3.50. Cattle—Receipts. 15; market steady; medium and eood steers and vearlings quoted, 54.75#5.75: heifers. $4.25#5.25; medium to good bulls, s3# 3.50. Calves— Receipts. 125: market slow to steady: good to choice vealers. $4.75®5.50. Sheep—Receipts, 300: market about 10c higher: good to choice shorn lambs. 56.15# 6.50: common to medium. $3.75®5.50: medium to good spring lambs, 56.75#8. LAFAYETTE. Ind., Mav 12.—Hogs—Market. 10#25c up: 200-225 lbs. $4.45: 225-300 lbs.. $4 40; 300325 lbs 54 35: 170200 lbs.. $4.35: 150-170 lbs.. 4.15' 130-150 lbs., $3.90; 100-130 lbs.. S3 70; roughs. $4 down. Top calves. $4.50: few. $5. Lambs. $5. 5 FT- WAYNE. May 12.—Hogs—Market. 25c up: 160190 lbs.. $4.45: 190-250 lbs., $4.60: 250-300 lbs . $4.45: 300-350 lbs. $4.40; 140160 lbs.. 54.25: 100-140 lbs. $3.85: roughs. 53.75; stags. $2.50. Calves—Receipts. $5.75; clipped lambs. $5.25: spring lambs. $6.50; steers, good to choice. ss® 5.50: medium to good S4 50#5: common to medium. $3.50®4; heifers, good to choice. $4.50425: medium to good. $434.50; 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. sl® 1.50: bulls, good to choice. S3®3 25: meciu mTo good. 52,50#3: common to mediums. $2#2.50: butcher bulls. $3.25#3.75. By Timrs Special .LOUISVILLE. Mav 12.—Cattle—Receipts. 100: fully steady: bulk common and medium steers and heifers $4.25®5.25: good lishtweights eligible to $6: bulk beef cows. $2 50#3 25; practical top. $3.50: low cutters and cutter cows. $1.50#2,25; bulls. $3 25 down: bulk light stockers. s4#s. Calves— Receipts. 250. vealera 50c higher: bulk good and choice. s4®4 56; medium and lower grades. S3 50 down. Hog=— Receipts. 1.400: market. 30c higher: 185-275 lbs. $4 50:275 lbs. up. $4.10; 140-185 lbs.. $3 85: 140 lbs. down. $2.95: sows. S3 20: stags. $2.15. Sheep—Receipts. 1.600; market steady: bulk of 65 to around 85 lbs. trucked in springers. $7.50#7.75; several decks choice rad kinds *8 bucks out at SI less, mostly $6.75: medium grades and heavy coarse lambs. ss#6 best ol dcrop lambs. s4<ir; fat ewes mostly sl#2; best lightweights. $2.50. Thursday’s receipts: Cattle. 175: calves. 351; hogs. 928. and sheep, 756. Thursday's shipments: Calves. 166; hogs. 653, ana sfcep, 690,

INDIANA STOCKS AND BONDS

The following quotations do not represent actual bids on offerings, but m<-relv indicate the approximate market level based on buying and selling inquiries or recent transactions. —May 12STOCKS Bid. Ask. Belt Rail A Stock Yards com 23'a 28'i Belt Rail A Stock Yds pfd 67> 45 50 Central ind Rower old 77*.... 7 10 Citizens Gas com 13 17 Citizens Gas Cos pfd 57* 60 65 Home TAT Ft Wayne pfd 7.. 37 41 Ind A Mich Elec Cos pfd Ti 7.. 62 66 Ind Ge Service Cos pfd 67-.... 51 56 Ind Hvdro Elec Cos 77 old.. 20 25 Ir.dois Gas Cos com 40 45 Indpls Pwr A Lt 6ri pfd 50 Indpis Pwr A Lt Cos pfd 6 1 2 r o 55 60 Indpls Water Cos Ptd 57* 85 90 No Ind Pub Ser Cos Dfa S'iT*, 22'j 25 No Ind Pub Ser Cos 7 r t pfd.. 27 32 Public Serv Cos of Ind pfd 67- . 12 15 Public Serv Cos of Ind pfd 77* 26 30 South Ind Gas A El pfd 6fe.. 49 54 Terre Haute Elec pfd 67-* 37 44 BONDS Citizens Gas Cos 5s 1942 75 80 Home T A T W s' 2 s 1955 93'ii 97'i Home T A T Ft W 6s 1943... 94'* 98*2 Indpls Gas Cos 5s 1952 65 68 Inapis Rvs Inc 5s 1967 22'i 27'i Indpls Water Cos 4' 2 s 1940... 93',2 97‘a Indpls W‘ater Cos 5s 1952 94 99 Indpls Water Cos 5s 1960 88'i 92'i Ir.dois Water Cos 5s 1970 88 ‘2 92 ‘2 Indpls W'ter Cos s' 2 s 1953... 95 98 Indpls Wter Cos 5' 2 s 1954... 95 98 Kokomo Water Works 5s 1958 68 73 Lafavette Tel Cos 5s 1957 81 85 Muncie Water Works 5s 1939 .30 95 Richmond Water Works 5s 1027 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 srr5 r r 36 39* 2 Atlantic 579 45'/a 48', 2 Burlington sr'c5 r ' c 32 35 California 5(9 52 55 “Chicago 570 20 23 Dallas 5 r o 48*2 53 Denver SG, 48',a 52', 2 Des Moines 5 r 9 40 42 First Carolina 579 30 35 First Ft. Wayne 579 47 51 First Montgomery 5'9 34 38 First New Orleans 579 36Li 40V2 First Texas 5# 43 47 First Tr Chicago 5® 49 52 Fletcher 579 64 69 Fremont 5-9 43 '2 46 Greenbrier 5°9 58 62 Greensboro 579 43 4 7 Illinois Monticello 5 r 9 56 61 Illinois- Midwest 5 r 9 39 43 Indianapolis 579 7 4 78 lowa, 5-9 48 53 Kentucky 579 57*4 61 ‘2 Lafayette s®> 47 50 Lincoln 79 45 48’/2 Louisville 5 r 9 50 54*/2 Marvland-Vireinia 579 60 65 Mississippi 5-9 43 45 New York 579 46 49 North Carolina 579 39 42 Oregon Washington 579 34 38 Pacific Portland 5% 41 45 Pacific Salt Lake 5-9 43’/2 47 '2 Pacific San Francisco 579 43 r 2 47*4 Pennsylvania 54 60 Phoenix 5-9 63 67 Potomac 579 45 49 •St. Louis 579 17 20 San Antonio 5-9 49 52', '2 •Southern Minnesota 5-9 13 16 Southwest 5-9 38 42 Tennessee 579 4 3 45 Union Detroit 579 44 47 Union Louisville 5-9 51 54 Virginia Carolina 5% 43 47 Virginian 579 48 53 •Flat.

APRIL AUTO OUTPUT GAINS 62 PER CENT Largest Production in 21 Months Is Shown. By Times Special NEW YORK, May 12.—Evidence of the improvement in business is contained in the preliminary production report issued by the National Automobile Chamber of Commerce, which shows that the total April output of companies belonging to the organzation was the highest in twenty-one months. The month’s production was placed at 137,300 cars and trucks, a gain of 62 per cent over the preceding month and an increase of 3 per cent over the corresponding month last year. This output exceeded the production of chamber members for every month since July. 1931. The estimate, which was based upon reports of factory shipments to dealers, includes the figures of al but one major automobile producer. It was released at a meeting of chamber directors in New York. Indianapolis Cash Grain —May 11— The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b., shipping point, basis 41% New York rate, were. CORN—Strong; No. 1 red. 76®77c; No. 2 red, 75#76c; No. 2 hard. 71®72c. CORN—Strong; No. 3 white, 38#39c: No. 4 white, 37#38c; No. 3 yellow, 37@ 38c: No. 4 yellow. 36#37c: No. 3 mixed 36#37c: No. 4 mixed. 35@36c. OATS—Strong: No. 2 white, 22%®23%c; No. 3 white, 21%®22%c. HAY—Strong: No. 1 timothy, $5.50# $6: No. 2 timothy, [email protected]. WHEAT—No. 2 red, 2 cars: sample, 1 car. Total, 3 cars. CORN—No. 2 white. 8 pars; No. 3 white, 7 cars; No. 4 white. 1 car; No. 5 white. 1 car: No. 1 yellow, 1 car; No. 2 yellow, 5 cars; No. 3 yellow. 29 cars; No. ‘4 yellow, 3 cars; No. 5 yellow, 3 cars; No. 3 mixed. 1 car; No. 6 mixed. 1 car. Total. 60 cars. OATS—No 2 whit?. 37 cars; No. 3 white. 27 cars: sample white. 2 cars; No. 2 mixed, 1 car. Total, 67 cars. NEW YORK COFFEE FUTURES RIO —May 11— January ... 5.64 March 5.70 5.63 6.63 July 5.80 5.72 5.72 September 5.70 5.67 5.67 SANTOS January ... 7.93 March 7.93 7.84 7.93 May ... 8.55 July 8 35 8.30 8.30 September .. 8.02 December 7.92 7.90 7.91

J. J. KISER M. S. COHN F. I. SHUMAKER Announce the Formation of KISER, COHN & SCHUMAKER, Inc. To Engage in the General Investment Securities Business With OfficTs on the Tenth Floor of the Myer-Kiser Bank Building Indianapolis Telephone Lincoln 2481 Hay 12, 1933

GRAIN OPTIONS SHOW UNEVEN TRADEACTION Corn Displays Independent Strength in Early Dealings. BY HAROLD E. RAIXVILLE United Press Staff Correspondent CHICAGO. May 12. Wheat prices opened erratically on the Board of Trade today, U cent off to *4 cent above Thursday's strong finish. The September and December deliveries shotved the gain while May was up * s cent and July was unchanged to ** cent. off. Corn opened higher, revealing its independent strength, with the September future hitting anew high for the season at 49v* cents. That grain was unchanged to % cent higher at the start. Routine News Ignored Oats followed the unsettled trend in wheat, opening off U cent to 3 4 cent above Thursday's close. Provisions were higher. The wheat market has been paying little attention to routine news, gaining most of its strength from prospects of inflation and the reentry of public buying. Compared with prices Thursday, with wheat at about 76 cents per bushel, some ground must be gained to place prices on a level with the 1909-14 average paid farmers for that grain, which was 88*2 cents per bushel. Corn Sentiment Bullish Liverpool, showing greater strength than expected, was unchanged at the opening and at 2:15 p. m. was unchanged to % pence higher. Sentiment in corn still remains bullish with little planting accomplished and the season some two weeks late. Although the new oats crop is in the ground the continued wet weather is rotting some of the seed. Chicago Primary Receipts —May 11— Wheat 1,074,000 Corn 997.000 Oats 519,000 Chicago Futures Range WHEAT— 12 ~ p r ev. , , High. Low. Close. close. Job; . . 75’4 ,74 s * .76*4 .75'/* beotember 76'* ,75 s * ,76V* 75 s * D< corn— 78 ' 2 m 773 * ' 783 ' 8 ' 7Vs July 47*4 .46% .47 s * ,40 s * September 49* 2 .48’* ,49V 2 48' 2 December ... ,50 s * .50 .50 s /* ,49 s * OATSJuly 26*2 .26% .26Va .26*4 September ... .27 .26% .26% .26% RYE— Julv 57% .56’/* ,57V* .56% September ... .57% .57% ,57i .56% BARLEY— Julv 39 .38% .39 .38% September ... .40 .40'* CHICAGO CASH GRAIN By United Press CHICAGO, May 11.—Cash Grain Close: Wheat—No. 3 hard 74'*c. Corn—No. 2 mixed, 43%c; No. 2 dry mixed, 44#45c; No. 3 mixed. 43c: No. 2 yellow, 45%® 46*4c; No. 2 yellow old. 46%c; No. 3 yellow, 43%#44'*c: No. 3 yellow dry, 44%# 45c; No. 4 yellow, 42%®43c; No. 2 white, 47c: No. 3 white, 45%#46c; No. 6 white. 41 *,4c. Oats—No. 2 white, 27®27**c; No. 3 white, 26®26>4c; No. 4 white. 24#25%c. Rve—No. 3. 56%c. fcßarley—33#6oc.' Timothy—s2.2s® 2.60. Clover—s7.2s# 10.50. TOLEDO CASH GRAIN By United Press TOLEDO. May 11—Grain Close: Grain in elevators, transit, billing. Wheat—No. 2 red, 86%#;87%c; No. 1 red. lc premium. Corn—No. 2 yellow, 50®51c. Oats—No. 2 white. 30@31c. Rve—No. 2. 62# 63c. Track prices, 28%c rate: Wheat—No. 1 red. 83#83' 2 c; No. 2 red, 82®82%c. Corn —No. 2 yellow, 45%@46c; No. 3 yellow, 44%#45c. Oats—No. 2 white, 27®28%c; No. 3 white. 26%#28c. Seed close: Clo-ver-Cash $6.50; Oct.. $6.508. Alsike— Cash $6.30: Aug. $650J3. Produce close: Butter—Fancy creamery. 21c. Eggs—Extras. 12@12%c. Hay—Timothy, per cut, 70c.

Premiums Saved lo Policyholders Enormous What automobile insurance rate would you be paying if it had not been for the State Auto? Full Protection at Low Cost Assets 82,864,522.27 Surplus ...$1,055,000.00 Lincoln 8571 STATE AUTOMOBILE INSURANCE ASSOCIATION 7th Floor Occidental Bldg.

Steel Production' since 1928 CAP J 929 1930 1931 J 932 /935 T| T P so V. , —| ——— k ; | j——l 47y\~n i „.nj 0 1 SOURCE • DM. Y PETAL TRADE ©

CITY RAILWAY'S TRAFFICGAINS New High-Speed Equipment Provided for All Sections. Business of Indianapolis Railways has increased 12 to 30 per cent for its three types of transportation, according to Charles W. Chase, president. Introduction of new, high-speed equipment has boosted patronage on trackless trolleys, street cars and buses. Chase told the American Transit Association at the Claypool Wednesday. Patronage on trackless trolley lines has increased from 25 to 30 per cent, on street cars 12 to 15 per cent and on buses slightly less than 12 per cent, he said. “Speed is the essential thing in any transportation system,'’ Chase told delegates at the association's convention. The convention will close this afternoon when delegates will be taken to Riverside park by new motor bus and returned to the city by trackless trolley. They also will ride on new street cars. Bright Spots Bv United Press Department of commerce reports March shoe production in United States was 28,374.157 pairs, against 26,384,408 pairs in February. Interstate Hosiery Mills Inc., reports its April shipments were 118 per cent ahead of April, 1932. Auburn Automobile Company reports its shipments in first ten days of May were equal to entire shipments in May last year. Lebanon Shirt Company posts wage increase of 10 per cent for all 2mployees. American Airways reports April passenger traffic of 6,391, against 5,560 in March. Texas Textile Mills of McKinney, Texas recalls 200 employees. Santee cotton mills of Orangeburg, S. C., raises wages 10 per cent. CHICAGO FRUIT MARKET By United Press CHICAGO, May 12.—Apples—Illinois Winesaps, bushel. $1.40® 1.50: Willow Twigs, bushel. $1#1.25; Michigan Spies, bushel, $1.25; Baldwins. 80c#$l. Fidelity Trust Cos. General Banking 148 East Market Street

' a b n u d y I Bldg. & Loan Co.s’ I Newton SELL j STOCK I Todd

We Offer Berghoff Brewing Corp. Common Stock At the Market Full Information on Request PFaff & Hughel INCORPORATED i Illinois Bldg., Market & 111. Sts. LI. 2565 Abbott, Hoppin & Company 203 Continental Bank Building Riley 5493 Indianapolis New York Pittsburgh Chicago MEMBERS: New York Stock Exchange Chicago Stock Exchange New York Curb Exchange Chicago Curb Exchange New York Coffee and Sugar Exchange j Chicago Board of Trade i Co-Managers James T. Hamill Kenneth K. Woolling All Expense Tours That Solve the Vacation Problem Washington tor New York tr-cacn Historic Virginia Washington The surprisingly low cost of these tours includes round trip railroad fare, meals, sightseeing and first-class hotel accommodations. For complete details communicate with RICHARD A. KURTZ, MANAGER TRAVEL BUREAU 6 The Leading Travel Bureau of Indianapolis UNION TRUSTS 120 E. Market St. R[ ley 5341

.'MAY 12, 1983

CYCLING CRAZE PUTS TIRE FIRM ON FULL TIME Orders Keeping 900 Busy Day and Night at G. & J. By adopting the cycling fad for leisure hours. Hollywood movie stars have started wheels of business rolling in Indianapolis. Orders for bicycle tires are keeping 900 men and women busy day and night at the G. fc J. Tire Company. Indianapolis branch of the United States Tire Company, Inc. With spreading of the fad from Hollywood to other parts of the country, demand in the tire industry increased, according to company officials. Tlie firm here makes a large percentage of the nation's bicycle tires. Demand at the local plant is greater than for the last three years. But C. E. Stoutenburg, factory manager, smiles at the boom and says: “It can't last forever. It's just a fad that began in Hollywood.'’ Production Boosted By Timrs Special AKRON, 0., May 12.—A 200 per cent increase in tire production ov°r March, in the Akron (O.) factories of the B. F. Goodrich Company, was announced today by President J. D. Tew. For the first time since October, 1929, Goodrich tire departments will operate six days a week and twentyfour hours daily, beginning May 15. The increase includes a 40 per cent bost in tire produciton made April 1. New schedules will bring re-em-ployment for a number of former employes. Six hundred workers have been added in the Goodrich mechanical goods division in tha last thirty days, it was stated. Statistics show that there ares more than 18.000.000 automobiles orr the road today that are more than two years old. LOANS AT REASONABLE RATES FOR ALL WORTHY PURPOSES The Indianapolis Morris Plan Company Delaware and Ohio S. KI. 1536

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