Indianapolis Times, Volume 45, Number 2, Indianapolis, Marion County, 13 May 1933 — Page 7

MAY 13, 1333

CLOSING SPURT SENDS STOCKS i PRICES HIGHER

Accumulation of Bullish News Reports Force Upswing.

Average Stocks Prices

Av*r*a of twenty relit for Thursday. hieft 83 6! io* 82 48. up !70 Average of “went" rail. 37 92 36 41. 37 43 up 1 40. Average of twenty utilities, 28 IS, 31 39, 28 48 up 148 Average of forty bonds 80*7 a 107 A'.erage of first raiis 88 14. up l' 30 A- erag of ten second rail* 26 up 172 Average of ten utilities 89 88 id 74 Average of ten Industrials 78 47 up .80. BY ELMER C. VVALZER United Pres* Financial Editor NEW YORK, May 13.—The stock market overcame all attempts to depress prices Friday and in a last half-hour spurt moved up in ail sections. The major item to bring the turn } in the trend was unanimous agree- ' ment of major nations to a tariff truce to prevent retaliatory’ tariffs pending the outcome of the world , economic conference. A horde of favorable items preceded that declaration but profit- ; taking predominated until the late trading; copper metal advanced to j anew high for the year at 7 cents a pound; the President signed the farm bill; Dun & Bradstreet reported contra-seasonal gains in retail and wholesale trade; hog prices made new highs; steel prices advanced; one of the large steel com- j panics was reported to be operating “in the black.' Oils Whirled lip Oil stocks were whirled up while < the general list, was declining in the early afternoon. Practically j every issue of the group made a new 1933 top and gains ranged to more than 2 points. Traders anticipated federal action to rectify the over-production. Some companies in Texas closed wells until oil prices advanced. Communications were strong Tea-j tures throughout the day. American Telephone was carried to anew high on the movement at 108'*, up 3 1 * points from the previous close and only a point, under the 1933 high. It held most of the gain. Short covering was mainly responsible for the rise as traders revised recent predictions the directors would reduce the dividend. A majority now believe the pay- ; ment will be made when directors meet next week. It was learned lrom well-informed sources that the New York Telephone, major subsidiary of American, has experienced its first upturn over the previous year in the number of telephones in ( use since 1929. Auto Shares Strong Western Union made anew top for the year at 43, while International equaled Its top and Postal Telegraph preferred approached its best level of the year. Profit-taking reduced prices of wheat sn 1 "" .factions, but corn j closed ii actions to more than aj cent. Cotton rallied and spot closed j unchanged. In cash markets gains | were made in butter, flour, copper, | hogs, steers, sheep, lambs, tin, corn, oats, lard, rubber, hides and silk. Silver, coffee, and wheat declined. J Automobile businessw r as report- j ed at a high level. General Motors j equaled its high for the year of j 24 \. Chrysler came up. Nash made anew high for the year at 17%. Sears Roebuck and Montmogery | Ward made new highs for the year, j

Bank Clearings

INDIANAPOLIS STATEMENT —Mav 12— Clearing* $1,661,000.00 Debits 3,631.000 00 TREASURY STATEMENT —Mav 12— Net balance for Mav 10 . $474,568,283.01 Expenditures . . 10 595.256 93 Customs rects mo. to date 6,828.688 05

Investment Trust Shares

(Bv Abbott. Hoppin A- Cos.) -Mav 12 - Bid. Ask. American Bank stock* Corp.. 118 138 American Founders Corp ... 100 300 American Ar General Sec A.. 400 800 Basic Industry shares . ... 2.79 .... British Type Inv Trsh 448 .53 Collateral Trustee shares A . 4.37 4.75 Corporate Trust shares iold'. 2.09 ... Corporate Trust shares inewl 2.10 217 Cumulative Trust shares 360 . .. Diversified Trust shares A . 600 Diversified Trust shares B . 675 725 Diversified Trust shares C ... 2.70 2.80 Diversified Trust shares D . 4.50 First Insurance Stock Corp . 186 217 First Common Stock Corp. .. 1.29 147 Fixed Trust Oil shares A ... 760 775 Fixed Trust Oil shares B . 618 627 Fundamental Trust shares A . 370 3.80 Fundamental Trust shares B 3 55 3 65 Leaders of Industry A . 200 ... Low Priced shares 4.50 Mass Inves Trust shares 16.50 18 25 Nation Wide Securities . 304 North Amer Trust shares >1953 166 North Amer Tr shares i55-56i 220 245 Selected American shares 2 35 2 41 Selected Cumulative shares . 6.25 6.69 Selected Income shares . 337 3.89 Std Amer Trust shaves 2 75 2 85 Super Amer Trust shares A . 268 .... Trust shares of America . . 270 Trustee Std Oil A 400 Trustee Std Oil B 3.75 . . . U S Electric Light A- Pwr A 13 00 . Universal Trust shares 2 65

CHICAGO STOCKS

■Bv Abbott. Hoppin At Cos.) - Mav liHigh. ow Close. Bendix Aviation 14% 13% 14 Binks (g . 1 Borg Warner 13 12 s * 13 Butler Bros 4% 4% 4% Cent 111 Securities com.. .. ... S Cent Pub Ser\ Class A . . . % Cent A- So West 1% I s , Chicago Corp com . . . 3 2 s , 3 Chicago Corp pfd 23’, 22% 33% Chicago Yellow Cab .14 12 s * 12 s , Cities Service 2 s * 2% 2% Commonwealth Edison. 64% 63% 63 s . Cord Corn 9% 9% 9% Electric Household ... .. 7 s * Origsbv-Grunow .... I s , 1% 1% Llbby-McNel! 5 4 s , 4 s , Lvnch Corp .. 15 s * Marshall Field .1!', 11% 11% Perfect Circle Quaker Oats 17 15 15 Swift A- CO 16% 16% 16% Sw ifLlnternaciotial 24% 23% 24% V S Gvpsuin com 35% Utah Radio 13% 12% 13% Utility A- Ind 1% Utility A- Ind pfd .. . . 3% Vortex Cup Cos .... 7 6% 6% Walgreen Cos com . 16% 16% 16% Zenith Radio 1% New York Bank Stocks (By Abbott, Hoppin & Cos.) —May 12— Bid. Ask. Bankers 57 5 , 58% Broosiyn Trust 102 107 Central Hanover 125 127 Chase National . Ohemlcal 35 s * 36% City National 29% 29% Corn Exchange . 54 55 Continental ....... . 14% 15% Empire 20% 20 s , Guaranty 275% 277% Irving 1R 18% Manhatten & Cos 21% 21% Manufacturers 15 s * / 15% Public 21 21 s ,

Me liny nnd sell V. R. GOVERNMENT BONDS Joint Stock Land Bank Bonds Fpdpral Land Bank Bonds T. P. BURKE & CO. Incorporated SUITE 22* CIKCI.E TOWER PHONE Riley 8536

New YorK Stocks (By Abbott. Hoddin A Cos.) ““

-Mav 12— Oil*— Prev High. Lov. Clow, riose. Annerad* 30% i3 3d * 33% All Rig .20’* l*"** 20% 19', Blrr.ifUl! . 8”* 8 1 * 6 < .. . . 9 1 a V, 9 1 8% Coiv o! D-: . ..12 11 11 ll4a Houston nfi 4% 4% 4 1 * 4-, Houston 0.0 . 22-* 20', 22 20% Indian Rfg . . . 2% 2% M:d Cont Pa* .6 8 1 , 9 8 * Ohio Oil 10% 9% 10% 10 Fet Coro 9 8 , 9 8% Phillips Pat . 11 10', 10*a lu% Pit, Oil ■ 6% 6-, 6% S 5 * Rf.vai Dutch 24% 24', 24 1 , 24% Sod Oil 29", 22’, 28', 27', Shell Un P, 6% 7 7% Blmms Pet #‘* 8 * 9 B', Skelh Oil s*. $% a * VS. Soc Vac 10% 9% 1044 9’a 8O o! Ca. . 31% 30 31 -* 30% 3O of Ind 26% 25% 28% 25% 30.0f N.7 35% 34% 35% 34’, Sun Oil 38 37 38 38’* Texas Corn 17% 17 17% It 1 * Tidewater Oil . . ... ? 9 Tidewater Asen . V, s‘a 5% 5-, Un OH of Cal 13’* 134, 13 s , 13% Steel*— Am Roll Mills . IV, 15 15'* 15 s , Beth St**, 26 s , 26% 26% 26", Evers A M 21% 20 1 20 7 , 21% Col Fuel & Iron 9', 3% 9 9 1 , Cruc Steel 18', 18 s , 18 s ', 18 Gulf Sts Steel .■. . 21 Inland fl’*el • 29 5 , 28% Ludlum Steel 9 s , 6 s * S'* 9 s , Mr K**st)ort. Tin. 78 iS% 77% 79 s , Nat Steel 43 >6 40% 41% 41', Ren Iron A- st*ei 14 s , 14', 14 s , 14 s , Ren In A- Stl nfd 31 30'i 31 31 U S Smelt 37 36% 37 37% Vanadium 18’, 18% 18 s , 19 U 8 P:p* A Friv. 13 s , 12 13', 13', U S St**l 49 1 , 48', 49'* 49 s , U S Steel old. 84 83 84 83% Yonngstn S& T 21 v , 21% 21', 22% Rails— Atchison .61', 60', 60 s , 61 AM CM Line . 36 s , 37 s , 38', 38', B Ac O 15 s 4* 15'/, 15 s , 15 s , Can Par . 13’, 13 137, 13’, Ch A Ohio . . 35 \ 35 35'a 35 Chi A- Gt W . . 4% 3 s , 4', 3% C M A St P . . 3', 2 s , 3V* 3 C M ASt P pfd. 3 s , 3’, 4 s , 4 s , Chi N W B s /, 7Vi B’/, 7‘, Chi R Isl 87, 8 3 Bs,8 s , Chi R I 70 pfd 12 11', IJela A Hud . . 64'2 63 64% 64% Erie 9 s , 9 s , 9 s , 9'4 Grt Northern . 18’, 18 18 s , 18’, 111 Central .. 19’, 15% 19 s , 19', K C Sou . 13 s , 13', 13 s , 13% I.ou A Nash 42 s . 41 s , 42 s , 42% M K A T 11’2 11 11’, 11 s , Mo Pac 3 1 a 3 1 , 3', 3' 2 MoPar pfd . . 4 s , 4 s , 4'', 4 s , N YCent 28 s , 23 28’, 28’, N Y Chi A St L .. 7', 7% N Y CASt Lpf 9',, 9 9% 8% N Y New Haven. 20', 19 s , 19 s , 20', N Y Ont A Wes. 12', 11% 12 Norfolk A Wes 144 s , 144 144 144 Nor Par 22 s , 21V, 22 s , 22 s , I’emi R R 24’, 24', 24 s , 24’, Reading . . 39 40% Sou Par 23 5 , 22', 23V* 23 Sou R R . 15’, 14 1 2 14’, 15 s , Sou R R pfd . 19', 18 s , 18 s , 19*2 Union Pac 87 s , 86', 88' 2 88 Wabash 2 s , 2 s , 2 s , S% W Maryland ... 9% 8% 8% 9 Motors— Auburn 47’, 46% 47’, 47% Chrysler . 20’, 19', 20'/, 20% Gen Motors 24 s , 23 5 ., 24 5 , 24% Graham Mot 2 s , 2 s , 2 s , 2 s , Hudson 7% 7 7'2 7 Vi Hupp 4', 3’, 4 3 s , Mark Truck , . . 29% 27 s , 29% 28% Marmon ' % % % Nash 18 15 s , 18 17 Packard 4 s , 4% 4% 4% Reo . . 4 s , 4V, 4 % 4 s , Studebaker 4 3 s , 4 3’, Yellow Truck .54* 5 5% 5% Motor Access— Bendlx 14% 13% 14 14% Bohn Alum 25 24 24% 25 Borg Warner . 12% 12% 12% 12 s , Briggs 7*. 7% 7 Vi 7% Budd Wheel 3% 2% 3% 2% Eaton Mfg ... 11 s , 10% 11 s , 10% Elec Auto Lite.. 19% 18% 19% 19% Mullins Mfg . 6% 6% 6% 6% Murray Body . . 4% 4 4% 4% Stew Warner . . 6% 6 8 6% Timkin Rol ... 23% 22% 23% 23 5 , Mining— Alaska Jun 15% 14% 15 Am Smelt 29% 28% 28% 30 Anaconda ...... 13% 12% 13% 13% Cal A Hecla ... 5 4% 4% 5 Cerro de Pasco.. 21% 19 20% 21 Granby 10 9% 10 9 s , Gt Nor Ore ... 9% Homestake Min 195 193 193 189% Howe Sound ... 16% 16% Ins Copper ... 5% 5% Int Nickel 14% 14% 14% 15% Isl Creek Coal . . . 20 20 Kennecott Con . 18 17 s , 17% 17 s , Miami Cop ... 4 4% Nevada Cop ... 8% .. Noranda C0p.... 25 s * 25 25 s , 25% Phelps Dodge .. 11 s , 11 11% 12 s , Pitts Coal 13% 12% 13% 13 Tobaccos— Am Snuff 44% 44 44% 44% Am Sum Tob. . 11 s , ,11% 11% 12% Am Tobacco 80 78% 79% 79 Am Tobacco 181 82 80% 81% 82% Gen Ciga r . 36% 35% 36% 36% Ltggs A Mvers B 84 83 84 84% Lorriliard 19 18% 18% 19 Reynolds Tob B. 40% 39% 4040 Equipments— Allis Chalmers .. 15% 15 15 15 s , Am Car A Fdv. 15% 15 15% 16% Am Loco 14 s /, 14% 14% 15 Am Mach & Fdv 17 16% 18% 17 Am Steel Fdy. . 13% 12% 13% 13% Bald Loco 8% 8 B s * 9 Burroughs 13% 13 13 V, 13% Case J 1 62 59 s /, 62 62V, Cater Tract . . 15% 15% 15% 15 s , Colgat Palm Peet 16 15% 15% 16 Congoleum 13 12% 13 12% Elec Stor Bat . 39% 38% 39% 39% Foster Wheeler.' 13% 13 13% 13% Gen Am Tk Car 26% 25% 26% 26% Gen Elec 20% 20 20% 20 s , Gen R R Sig . 26% 26 26 27 Ingol Rand 44 42% 43 43% Int Bus Mach. 117% 115 116 117% Int Harvester. 35 33% 35 35% Kelvinator 9% 9% 9% 9% Natl Cash Reg 15% 14% 15% 14 s , Proc A Gafble .40 39% 4039 s , Pullman Inc . ... 35% 33 s , 33% 35% Simmons Bed ... 12V, 11% 11 s , 11% Und Elliot 26'-, 25% 26 25Vi West Air B 23% 23% 23% 23% Westlngh Elec 38% 36% 38 38% Worthington Pmp 21 20% 20% 20 s , Utilities— Am A For Pwr 12 11% 11% 11 s , Am Power A Lit 9 8% 9 8% A TAT 108% 104% 106% 105% Am Wat Wks . 24% 22% 23% 23 Brook Un Gas. . . ... 78% 78% Col Gas A Elec . 18 17V, 17% 18 Col ®. A E pfd 74 74 Com A Soti .... 2% 2Vi 2% 2% Consol Gas . 55% 54% 54% 55% Elec Pwr A Lit.. B s , 6% B s , 8% Int Hydro Elec . 6 5% 6 5% Int T A T 13 s , 12% 13 s , 13 s , Lou GAEA . . 18% 17% 18% 18 Nat Pwr A Lit . 14 s , 13% 14% 14% North Amer 27 25% 26% 26 s , Pac G A E 27 26 26% 26 s , Pub Serv N. J. . 48% 47 47% 47% So Cal Edison .. 22% 21% 22% 21% Std Gas 15% 13% 15 13 s , j Std Gas pfd . 23 19 21% 19% United Corp .... 9% 8% 8% Bs,8 s , Un Gas Imp 19 18% 18 s , 19% lUt Pwr A Lit ’A’ 5 4% 4% 4 s , Western Union .43 40% 42% 40’, Rubbers—- ! Firestone 20 s , 20 20% 20% 1 Goodrich 12% 12 12% 13 j Goodyear 32% 31% 31 s , 33'.

HORIZONTAL Answer to Previous Puzzle 11 Jockey. 1 Last six lines ■■■■ 12 About, of a sonnet. 13 Home of a 7Of what E.V.E.AL EARJJA J-P.EL.D bird church have D,£ !N;Tjsi the German |SN E AKLJR I |AMAU LI lA| is Summits Nazis taken IGiLM IOEiSMO'Ni 21 Balance due. control? AL ABPQABS 1 |A|MjEI|S]E 22 More indigent. 14 Opposed to S I O EMS.NA I ;L MAN E;W 25 Furnished staccato. iMiL iEiTHTMIE wMG!EjE with cane. 15 A medicine. lAfellSPlß 1 1T,F26 Showers. 16 Wagon with- OJqo TMA TEnp E ; N DSI 28 Humor. out springs. c, C ATvtt, IN G ERI E|N'o*u’E 30 To soak flax. 17 To harden. r'a TF (Nil - 1A RFI islp IF R3l One who 19 Ebb and flow SfTI AIRT I [Rf |dl |Y;E R'sT maintains. of water (pi.), JiT l . 1 Preserved or 20 Monetary 34 East Indian 54 Magnanimous. maintainedunits of tree. 55 Dealer. 36 Emperor. Turkey. 36 Color. VFRTIP4I 37 Exultant. 21 Name of 37 Deity. 38 Citrous fruit, dirigible de- 39 Frocks. 1 Strong. 40 sutures, stroyed 41 Supped. 2 Weird. 41 Advantage, recently. 43 Winter 3 Trap. 49 Stretched 23 Wigwam. carriage. 4 Hollow tight. 24 Tiny. 45 Blade of grass. cylinder. 43 p arty f or 25 Curlier. 46 Above. 5 Seventh letter ma]es only> 27 Rfght (abbr ). 47 Domesticates. ot the Greek 44^, 0 w sand hill. 28 To caution. 49 Sailor. alphabet. 46 Verbal. 29 Catch of a 50 Kneeling fig- 6 Toward. 41 Title of gunlock. ure in prayer. 7 Ogles. courtesy. 32 To complain. 51 Voiceless 8 Seventh rc4e. 50 Native metal. 33 Double dagger consonant. 9 Very warm. 52 Company. niar k. 53 Laudation. 10 To redact. 53 Postscript. 1 iz s 14 15 i<b I I™ I© 14 iio- iiT'iirTr i? "——te - br —^^ — 25 z zz sksef" p * 7T °NII FH ffl 1111.

U. S Rubber ... 9% 8% 9% 9Vi U 8 Rubber pfd. 20% 19% 20% 20% Amusement,— Cro,iey Radio . 8% 8% 8% BV, Fox Film 3% 3% 3’% 3% Loews Inc 19 18% IS 19V, Radio Corp 7% <% 7% 7 s , RKO 32% 2% 3 Warner Bros ... 3% 3% 3% 3% Food*— Am Sugar 53% 53 53% 53% Armour A . ... 4% 4% 4% 4% Beatrice Cream .. .. 17*, 17% Boroen Prod . 34% 33% 33% 34% Cal Packing 18% 18 18 18% Canada Dry G A 12% 11 s , 12 12% Coca Cola 84% 83% 84% 84% Cont Bak A 8% 8% 8% ... Corn Prod 71 55% 70% 71V, Crm of Wheat . 32% 32 32% 32% Gen Foods .. 32 s , 31 s , 32 33% Gold Dust 21% 20% 20% 21% G “WaSugar ... 24 , 22% 24 , 22% Her&ney 62 51% 52 50V, Int Sait 22% 20% 22 21 Loose Wiles . 38 s , 37 s , 38 38% Nau Biscuit . 51 49% 49% 52 Natl D Prod . . 18% 18 18% 18 s , Pet Milk 10% 10 Purity Bak . 17% 17% 17% 17% 3 Porto Rico Bug 29 s , 23 28 29V, Std Brands . ... 19 18% 18% 19 United Fruit .. . 49% 49 49 50 W’ard Bak A 5% 5% Wrigiey 46 47 Retail Store*— Ass Dry Goods. . 11% 10 11% 10% Best ACo .. . 22% 22 22 s , 23 Gimbel Bros . . 3% 3% 3% 3% Gimbel pfd 16 15 s , 16 15 Or Un Tea . . 7% 7 7% 7 Hahn Dept Sts 3% 33% 3% Jewel Tea ... 35 35V, Kresge S S 11 10 Vi 10% 10% Kroger Groc .... 29V, 28% 29 28% Macy R H ... 54% 53 54 % 55% May Dept St . .. 23% 22% 23% 23 Mont Ward .. 2 22% 24 23% Penny J C 37% 37 37% 38% Safeway St , 48% 47 5 /, 48% 49 sears Roebuck . 28% 24% 28V, 25% Woolworth 37% 36% 37% 37% At iation— Aviation Corp .. 11% 10% 11% 11V, Douglass Air .... 15% 14% 15% 15V* Curtiss Wright.. 32% 2% 2% Curtiss Wright A 5 -4% 4%' 4% Nor Am Av . . TV, 7% 7V* 7% United Aircraft. 30% 28 s , 29% 32V, Chemical,— Air Reduction .. 73 70% 73 72% Allied cnem.. 98 95% 97% 97V, Am Com Alcohol 22% 20% 22% 21% col Carbon .... 56' 53 56% 54 Com Solvents. .. 17 16% 16% 17% Dupont 64% SO 7 , 64 V* 62% Freeport Tex .. 31% 31% 31% 31% Liquia Caro ... 28 23 28 22% Mtnwn Alkali. .. 24% 23% 24% 24 Vex Gull Sulph. . 25% 20% 25% 26 Union Carbide . 35% 34% 35% 35 s , U S inau Alcohol 29 % 28 29 V, 28 % Drugs— Cotv Inc 5% 5 514 5% Drug Inc 48 47V, 48 47% l.an.oert 31% 31% 31% 32 Lehn A Fink .. 20% 20 20V, 20 Lonite Prod 5% 5% 5% 5% Financial— Adams Exp 8 7 ! /a 7% 7% Allegheny Corn. .. ... 2 2 Chesa Corp 29 3 4 28V* 28% 29% Transamerica.... 6% 6 V* 6% 6 V, Tr Conti Coro. 6 5% 5% 5% Building— Am Radiator ... 10% 9% 10% 10% Gen Asphalt 12 10% 11% 11% Int Cement 18 17% 17% 18% Johns Mansvllle 30% 29% 30 30 Libby Owens Gls 20V, 18% 19% 20 Ctls Elev 18V, 18V* 18% 18% Ulen Const .. , 1% 1% 1% 1% Miscellaneous— Am Bank Note. 16% 16 1 /, 16% 17 Am Can 82% 80% 82 % 83 Anchor Cap .... 19% 15 18% 15% Brklvn Man Tr. 31% 30% 30% 31% Conti Can 56% 55% 56 56% Eastman Kodak. 72% 71 72% 73 Owens Bottle . . 75% 67V, 73 69% Gillette 13% 13% 13% 13% Gliciden 9% 8% 9 9% Gotham Silk. ... 14% 13% 14 14% Indus Ravon.. . 49% 48 49% 49% Inter Rapid. Tr. 6% 6 6 I Real Silk Hose. . ... 10 10 New York Curb Market By Abbott. Hoppln A Cos. —May 12Close Close Alum Cos of Am 63%|Hud Bay Min. 7% Am Bev 2% Irving Airchute. 7% Am Ct Pw A Lt 4% Inti Ptrol 13% ;Am Cyan B ... BVs Lons Star Gas.. 7% ; Am Gas A El.. 32% Mount Prod 4 Am Sup Pwr.. 4% Natl Bellas Hess 2% Ass. Gas A. .. 1% Niag Hud Pwr.. 12 A.tlas Ut Cio.. 12% Pennroad 2% • Bra? Tr A It. . 11% Pioneer Gld Min 8% i Cent Sts El .. 2% St Regis Paper.. 3% I Comm Edison . 65 Std Oil of Ind. 26 Cord 9% Std Oil of Kv. 14 Deere A Cos. .. 17% United Founders 1 El Bnd A Sh. 24% united Gas ... 3% Ford of Eng ... 3%iUn Lt A Pw A 4 Ford Mot Can.. 8% United Verde... 3%

Daily Price Index

j By United Press NEW YORK. May 12.—Dun & Bradstreet's daily weighted price index of thirty basic commodities, compiled for the United Press: (1930-1932 Average, 100) ! Today 89.10 I Yesterday 88.01 Wek ago 86 01 Month, ago 75.56 j Year Ago 74.51 1933 High (Mav 12) 89.10 : 1933 low (Jan. 201 67.86 Copyright. 1933. by Dun & Bradstreet, Inc. Plumbing Permits C. A. Johnson. 3037-39 Guilford, four fixtures. J. W. Harrell. 1251 West Twenty-seventh, two fixtures. Arthur Paetz. 26 Manle Court, three fixtures. R. Schreiner. 1121 Prosoect. seven fixtures. H. H. Rah*. 1311 Prospect, one fixture. C. L. Wilkinson .1015 Villa, one fixture. ' John Cotton. 3922 Rookwood. two fixtures. C. W. Burrcs. 1219 Gross, four fixtures. James McHaflv. 1420 Brookside. one fixture. Chas. Stole. Fifty-sixth and Illinois, two fixtures. J. V. Mikesell. 340 North Ritter, three fixtures. J. C. Deeter. 5541 Washington boulevard, three fixtures, R. M. Cotton. 2058 Ruckle, four fixtures. Harrv Callon. Twenty-fifth and Dela- : ware, six fixtures NEW YORK RAW SUGAR FUTURES —May 12High. Low. Close. January 1 48 1.46 1.47 ■ March 1.53 1.51 • 1.53 May 1.34 1.33 1.33 July 1.37 1.35 1.37 I September 1.41 1.39 1.41 December 1.47 1.45 1.46

f THE INDIANAPOLIS TIMES

HEAVY DEMAND CARRIES SWINE TO $4,65 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 Friday morning. During the last seven trading days the price of porkers has moved up 60 cents. Compared with the January 2 figures of $3.10, the top on that day. hogs have made a gain of 51.55 during the first four and one-half months of tne year. Top Friday was $4.65. 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 $4.65 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 fiigher, 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 earlytrade. 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 Market, higher. (140-160) Good and choice....* 4.20® 4.35 Light Weights—-(l6o-1801 Good and choice.... 4.55 (180-200) 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—■ (250-290) Good and choice..., 4.55® 465 (290-350) Good and choice 4.50® 4 55 —Packing Sows—(3so down) Good 3 85® 4 25 (350 up> Good 3.75® 4®o (All weights) medium 3.50® 3.85 —Slaughter Pigs—-(llo-190) Good and choice. .. 3.90® 4.00 CATTLE Receipts, 300; market, steady. (1,050-1,100) Good and choice $ 5.50® 6.75 and medium 3.75® 5.50 Good and choice 4.75® 6 50 Medium 3.75® 4.75 —Kelfers—-(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, 60(f; market, higher. Good and choice $ 5.00® 600 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 (800-1.5001 Good and choice 4.75® 5.75 Common and medium 3.00® 4.75 SHEEP AND LAMBS Receipts, 2.000: market, higher. —Lambs. Shorn Basis—(9o lbs down i Good A choice. $6.25® 6.50 (90-110 lbs. i Good and choice . 5.75® 6.25 (90 lbs. down.) Com. 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. Mav 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 grace hogs, all weights, s4.6o's 4.75; top. $480; 140-lt>o lbs.. $4% 4.65; pigs, $3.50®4; packing sows, arouna $4; lignt lights. 140-160 lbs., good and choice. s4® 4.65: light weight. 160-200 lbs., good and choice. $4.50® 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 lbs.. medium and good. 53.80®4.15: slaughter pigs. 100-130 lbs., good and choice. $3.50® 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 SSW 6 market on steers; Bulls, strong: vealers. about steady at $4.50® 5.50, with selects at S6. Slaughter cattie and vealers—Steers. 550-900 lbs., good and choice. $5.75/57.50; 900-1.100 )bs., good and choice. $5.75®7.50; 100-300 lbs., good and choice. $5.75® 7.50: 130-150 lbs., good and choice. 55.504r7; 550-1300 lbs.. common and medium. 54.50®6; heifers. 550-750 lbs., good and choice. ss®6: common and medium. s4®s: cows, good. $3.50® 4: common and medium. s3® 3.50; low cutter and cutter. $2.25® 3.25; bulls (yearlings excluded) good (beef). $3®3.50: cutter, common and medium. $2 65®3 25; vealers. good and choice. $4 75 ®6: medium, $4.25®4.75; cull and common. s3®4 25. Stocker and feeder cattle: Steers. 500-1050 lbs., good and choice. ss®6: common and medium. s4®s. Sheep —Receipts. 9.000; steady to strong; stops unevenly higher: good to choice clipped lambs. $6.25® 6.50: better price bid and refused for several loads; best early bid. $6.60. Slaughter sheep and lambs: Soring lambs, good and choice. $6.50® 8: medium. $5.75®.6.50: lambs. 90 lbs. down, good and choice. s6® 6.65 common and medium. $4.50®6.15: 90-98 lbs., good and choice, $5.7536.60; 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.. $4.60® 4.75: 100-140 lbs.. $3.75® 4.15: medium to good packing sows. $3.15 ®3.50. Cattle—Receipts. 15; market steady: medium and good steers and yearlings Quoted. $4.75® 5.75: heifers. $4!25®5.25: medium to good bulls. $3®3.50. Calves— Receipts. 125; market slow to steady: good to choice vealers. 54.75®5.50. Sheep—Receipts. 300; marke’ about 10c higher; good to choice shorn iambs, $6.15®6.50: common to medium. S3 75®5,50: medium to good spring lambs. $6.75®8. LAFAYETTE. Ind,, Mav 12.—Hogs—Market. 10®25c up: 200-225 lbs.. $4.45; 225-300 Ibsb.. $4.40: 300-325 lbs.. 54.35: 170-200 lbs.. $4 35: 150-170 lbs.. 4.15: 130-150 lbs.. $3.90: 100-130 lbs. $3.70: roughs. $4 down. Top calves. $4.50; few. $5. Lambs. $5. FT. WAYNE. Mav 12. Hogs—Market, 25c up: 160-190 Ibsb.. 54.45: 190-250 lbs.. $4.60: 250-300 lbs . $4.45: 300-350 lbs.. $4.40; 140-160 lbs.. $4.25: 100-140 lbs.. $3.85: roughs. $3.75; 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. $4.50®5: common to medium. $3.50® 4; heifers, good to choice. $4.50® 5; medium to good. s4® 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. sl® 1.50: bulls, good to choice. $3®3.25: medium to eood. $2.50®3: common to mediums. s2® 2.50: butcher bulls. $3 2553.75. By Timn Special ‘ LOUISVILLE. Mav 12.—Cattle—Receipt*. 100: fullv steadv; bulk common and medium steers and heifers. $4 25® 5.25; good lightweights eligible to $6; bulk beef cows. 52.50®3 2-5. 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: vealers 50c higher: bulk good and choice. $4 5 4 50: medium and lower grades. $3 50 down. Hogs—Receipts. 1.4P0: market. 30c higher: 185-275 lbs . $4.50; 275 lbs. up. $4.10; 140-185 lbs.. $3 85. 140 lbs. down, $2 95: sows $3.20: 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 rail kinds. IB bucks out at $1 less, mostly $6 75: medium grades and heavy coarse lambs. ss®6: best old crop lambbs. s4®s: fat ewes mostly sl®2; best lightweights. $2.50. Thursdays receipts Cattle. 175; calves. 351; hogs. 928. and sheep. 756. Thursday's shipments: Cal es. 166; hogs. 633. and sheen. 690.

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 inaulrles or recent transaction*. —May 13— STOCKS Bid. Ask. Be.t Rail A Stock Yards com 23% iB% Belt Rail & Stock Yds pfd 6% 45 50 Central Ina Bower pfd 7% 7 10 Citizens Gas com 13 17 Citizens Gas Cos pfd s', 60 65 Home T A TFt Wavne pfd 7.. 37 41 Ind A Mich Elec Cos pfd . 62 66 Ind Ge Service Cos nfd 6% 51 56 Ind Hvdro Eiec Cos 7% pfd.. 20 25 Indpis Gas Cos com 40 45 Inopls Pwr A Lt 6% pfd 50 Indpis Pwr A L; Cos pfd 6%% 55 80 Inopls Water Cos Did 5% 85 90 No Ind Pub Ser Cos pfd 5%% 22% 25 No Ind Pub Ser Cos 7% Dfd . 27 32 Public Serv Cos of Ind pfd 6%. 12 15 Public Serv Cos of Ind nfd 7% 26 % 30 South Ind Gas A El pfd 6G-.. 49 54 Terre Haute Elec pfd 6%.... 37 44 BONDS Citizens Gas Cos 5s 1942 75 80 Home TA T W 5%s 1955 93% Si's Home T A T Ft W 6s 1943... 94'j 98% Indpis Gas Cos 5a 1952 65 68 Inapis Rvs Inc 5f 1967 22% 27% Indpis Water Cos 4%s 1940... 93% 97% Indpis Water Cos 5s 1952 94 99 Indpis Water Cos 5s 1960 88% 92% Ir.apls Water Cos 5s 1970 88% 92(2 Indpis Wter Cos 5%s 1953... 95 98 Indpis Wter Cos 5%s 1954... 95 98 Kokomo Water Works 5s 195 3 68 73 Lafayette 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 5% 36 39% Atlantic 5% .: J 45% 48% Burlington 5% 32 35 California 57* 52 55 ’Cnicago 57 0 20 23 Dallas 5% 48% 53 Denver 5% 48% 52% Des Moines 5% 40 42 First Carolina 7 30 35 First Ft. Wavne 5% 47 51 First Montgomery 57* 34 38 First New Orleans 6% 36% 40% First Texas s’* 43 47 First Tr Chicago 57 49 52 Fletcher 57 64 69 Fremont 57* 43% 46 Greenbrier s** 53 62 Greensboro b r ' e 43 47 Illinois Monticello 5% 56 61 Illinois- Midwest 67* 39 43 Indianapolis 57* 74 78 lowa 5% 48 53 Kentucky b% 57 % 61% Lafayette 5% 47 50 Lincoln % 45 48% Louisville 5% 50 54% Xvlaryland-Virginia 5% 60 65 Mississippi 5% 43 45 New York 5% 46 49 North Carolina 57* 39 42 Oregon Washington 57* 34 38 Pacific Portland 57- 41 45 Pacific Salt Lake 5G 43% 47% Pacific San Francisco 57 43% 47% Pennsylvania 54 60 Phoenix 5% 63 67 Potomac 57* 45 49 *St. Louis 57- 17 20 San Antonio 5% 49 52% •Southern Minnesota b% 13 16 Southwest 57, 38 42 Tennessee 57> 43 45 Union Detroit 57* 44 47 Union Louisville 5% 51 54 Virginia Carolina 5% 43 47 Virginian 570 48 53 •Flat. Other Livestock BY UNITED PRESS EAST ST. LOUIS. 111., May 12.—Hogs— Receipts, 6,000; market. 25®35c higner; pigs strong to 15c higher: top $4.80; oulk, 170-320 lbs., $1.50® 4.60: 140-150 lbs., $3.75® 4.35; 100-130 lbs., s3® 3.50; sows, $3.75®3.90. Cattle—Receipts, 700; calves, receipts, 600; market, active and generally steady to strong In clean up trade; vealers unchanged at $5.50; steers sales, largely $4.25®5.75; mixed yearlings and heifers, $4.75®5.50; cows $3®3.75: low cutters. $1.75®2.25; top sausage bulls, $3; slaughter steers, 550-1100 lbs., good and choice. $5.50®6.i5; common and medium. 53.75® 5.50; 1100-1500 lbs., choice. $5.75®. 6.75; good. $5.25®6.25; medium. $4.75®5.50. Sheep—Receipts. 1,000: market, spring lambs steady at $7®7.25: throwouts. $5; other classes not established.; better clipped lambs quotable, $5.75® 6.25: lat ewes, s2®3: spring lambs, choice, $7®7.50; good. $6.25@7; medium. $5.25®6.25; lambs. 90 lbs. down, good and choice. $5.75®6.25; common and medium, $3.50®5.75; iambs 90-98 lbs., good and choice, $5.65® 6.25; yearling wethers 90-110 lbs., good and choice. $4®4.75; ewes. 90-150 Ib(v. good and choice. s2®3: all weights common and medium, $1.25®2.25. CINCINNATI. May 12.—Hogs—Receipts, 3.800 head; 489 head direct and through; 160 head held over: active 25c to mostly 50c higher; some lightweight butchers up more; sows 25c. higher: bulk good to choice. 170-300 lbs., $4.75; 150-170 lbs., $4 @4.50; 130-150 lbs.. $3.75® 4; lighter weight, $3.65 downward; bulk sows. $3.25® 3.50; light weights upward to $3.75. CattleReceipts. 600 head. Calves—Receipts, 650 head; active, steers and heifers mostly strong to in spots 25c higher; in between grade kind showing most improvement; other classes steady to strong; market fully 25c higher for the week on all classes: spot up more on steers and heifers: bulk medium to good steers and heifers. $4.75(35.75; some good light weight kind held higher; beef cows largely. s3@ 3.50; low cutters and cutters. [email protected]; bulls, $2.50®3.50; vealers. 25®50c higher; good to choice. $4.503 5.50; plainer grades, $4 down. Sheep—Receipts. 500 head; active, spring lambs steady to strong; spots 25c higner; bulk light and handvweight springers mostly. $7.5038.25; odd head. sß.oo sparingly; plainer grader, downward to $6.50 and below; other classes quotable steady. . CLEVELAND, May 12.—Hogs—Receipts. 1.000; none, open strong to 15c higher, now slow at advance, bulk 160-300 lbs., $4.65, some bid less; pigs $4; few light lights, $4.25: sows, $3®3.25. Cattle—Receipts, 100; active strong, spots 25c or more over Monday; bulk steers. $5.25 down; grade common to low medium averaging 1,064 lbs. and less; low cutter to medium cows, around $2®3.50; sausage bulls. s3® 3.50calves. receipts. 300; active, strong to mostly 50c higher, good to choice vealer, s6® 6.50; cull to medium, largely $4.50® 5.50. Sheep—Receipts, 100; lambs, active strong to 25c higher; quality and sorts considered, upwards to $6.50 paid freely strictly choice packages in demand at $6 60 or above; throwouts and medium mixtures, $5®5.75; springers scarce. EAST BUFFALO, May 12.—Hogs—On sale. 2.500; fairly active. 25®35c higherdesirable 170-260 lbs.. $5; highest since last September; weights below 160 lbs., $4.50® 4.75. Cattle—Receipts. 100; medium to good steers, steady. $5.75; common to medium. $4.65® 5. '25; fat cows firm at $33 3.35: cutter grades. 25® 50c higher at $2®2.75: calves, receipts. 500: vealers, unchanged; good to choice, $5.50 to mostly $6; common and medium, s4®s. Sheep—Receipts. 3.000; old crop lambs rather slow, plain quality and higher asked prices retarding factors; most sales steady; good to choice clippers. 56.25W6.35: some held higher; medium kinds, $5.50®5.90; choice 65-lb. sings. $8.50 TOLEDO. May 12.—Hogs—Receipts. 250: market 10® 15c, higher: heaw Yorkers, $4.35® 4.40; mixed and bulk of sales, $4 30 ®4 40; Pigs, lights $3 50®3.75; medium and heavies, $4®4.35. Cattle—Receipts. 40market steady. Calves—Receipts, light; market strong: choice to extra. $5.50®6: fair to good. $5®5.50. Sheep and lambs —Rceipts. light: market 25c higher. Marriage Licenses Victor Leon Brown. 20. of 1435 South Belmont avenue, taxi driver, and Violet Baughman. 16, of 1546 Hiatt street. Eugene Earl Hamblin. 40, of 242% Massachusetts avenue, machinist helper, and Pauline Fleenor. 27. of 824 Lexington avenue. David Jackson Nash. 17. of Tipton, farmer, and Julia Agnes Walz, 17. of 1348 Pruitt street. James Edward Ford, 26. of 1712 Montcalm street, farmer, and Nettie Iva Lee. 18. Indianapolis. Richard Bert Kriner. S3, of Ft. Benjamin Harrison, soldier, and Martha Jane Johnson, 22. of 152 South Summit street, nurse. Oscar Frank Mozingo 22. of 815 East Twenty-fifth street, tire builder. and Dorothy Chariine Snider. 21. of 319 West Thirty-seocnd street, stenographer. Births Bov* Orval and Eva Mclntire. 1224 West Thirtv-first street. Albert and Pearl Bannon. 1540 East Fortv-ninth street. Earnest and TS " * Havden, 1828 Montcalm street. oirlt Francis and Mabel Cash. 7 North Ta-, coma Thomas and Dorothy Hudson. 1333 West Thirtieth. Twins Charles and Dessie Bellamy. 3522 Northwestern avenue, girl and bov. Deaths May McNulty. 41, Long hospital, uremia. Isa Viola Imus, 48. 941 King, toxic thyroid. Bridget Callahan. 50, Central hospital septicemia Albert Wesley Stephenson, 5. eitv hospital. scarlet fever. John Smith. 40. city hospital, pulmonary tuberculosis. Miriam Louise Gilbert, 38, 521 East Seventeenth, carcinoma Jennie Williams, 53. 2728 Manker, chronic nephritis. Nellie Warmaek, 89 1046 North Sheffield, uremia. George Robert Cruse, 1, city hospital, broncho pneumonia. Frank J. Hamant. 79. 341 North Holmes, chronic nephritis. Charles woods. 7. Fall Creek, accidental drowning. Mattie Crutchfield, 48. 342 North Noble pulmonary tuberculosis. CHICAGO FRUIT MARKET By United Pre CHICAGO. May 12—Apples—Illinois Winesaps. bushel. sl4o® f.50; Willow Twigs, bushel. si®l.2s. Michigan Spies, bushel, 51.25. Baidwins, 80c®Sl,

DRAIN OPTIONS SHOW UNEVEN TRADEACTION Wheat Drops From Highs of Day on Absence of Support. BY HAROLD E. RAIXVILLE United Press Staff Correspondent CHICAGO, May 13—Wheat and corn reached new high levels for the season on the Board of Trade again Friday but the lack of aggressive buying dropped prices on the former as much as 2 cents below the top. At the finish wheat was % cent below to % cent above the previous close. Corn revealed its independent showing with another spurt, advancing at one time as much as 1\ cents above Thursday's final prices. Recession from the high figures was regarded due to a weakened technical position as the market found nothing in the news to prompt a sharp reaction. Signing of the farm relief-inflation bill by President Roosevelt had been anticipated for some time. Trade Not Large The aggregate trade was not as large as Thursday. At the close corn was % to 1% cents higher, oats off % cent to \ cent higher; rye was unchanged to % cent higher, and barley % cent lower. Provisions, which rose as much as 40 points at one time, finished strong. Wheat early wiped out a fractional drop and the July delivery remained in good demand at about 74 cents. Profit-taking checked the bulge which carried the grain up to new highs, but the undertone remained steady. Liverpool closed V 4 to cents higher. Cash prices were % cent higher. Receipts were thirty-four cars. Country Holds Corn The country was holding tight to its corn despite the upward rush of prices on widespread buying, and only 3,000 bushels were offered during the morning. Profit-taking stopped the upward movement around midsession. But buying was renewed later. Cash prices were 1 cent to 1% cents higher. Receipts were 194 cars. Oats had an active session in sympathy with the major grains and at midmorning was up *% cont to % cent over Thursday. Cash prices were % cent to % cent higher. Receipts were fifty-seven cars. Rye was up % cent to 1 cent. Provisions were run up as high as 40 points on some deliveries, responding to sharply higher prices on hogs and the strength in corn. Chicago Primary Receipts —May 15Wheat 780.000 Corn 1,276,000 Oats 499,000 Chicago Futures Range —May 12WHEAT— Prey. Open. Hieh. Low. Close close. May.. .74% .74% .73 .73% .74 Julv.. .74% .75% .73% .74% .75 Sept.. .75% .76% .74% .75% .75% Dec.. .77% .78% .77 .78 .77% CORN— May.. .45*4 .46% .45 .45% .44% July... .46% .48% .46% .4 .46% Sept... .49 .50 .48% .49 .48% Dec... .50% .51% ,49% .50% .49% OATS— May.. .26% .26% ,26V* .26% .26% July.. 26% .27 .26% .26% ,26V* Sept. .26% .27V 2 .26% .26% .26% Dec 28% .29 .28 V, .28% .28% RYE— May.. .56% .$6% .55% 56% .56% July.. .57 .57% ,55% .57'/* .56% Sept.. .57% .58% .56% .57% .56% Dec . . .59% .60V* .58 .59% .58% BARLEY— Julv.. .38% .39 .38 .38 .38% Sent.. .40% .40% .39% .40.40% LARD— Mav.. 6.75 6.75 6.65 6.65 6.37 Julv.. 666 695 6.65 6.80 6.52 Sept.. 6.72 7.10 6.72 6.92 6.67 Oct 6.80 7.02 6.80 6.90 6.70 Nov 6.90 6.50 Dec 6.65 6.70 6 65 6.70 6 52 BELLIES— Mav. . 7.35 7.35 7.25 6 87 6.75 * July 7.25 7.10 Sept.. 7.35 7.50 7.35 7.50 7.35 CHICAGO CASH GRAIN By United Press CHICAGO. Mav 12.—Cash grain close: Wheat—No. 2 hard, 75%c. Corn—No. 2 mixed. 46' 2C; No. 3 mixed, 45®45',c, No. 3 mixed, old. 45 s ,c; No. 4 mixed, 44%c; No. 5 mixed,. 44%c; No. 2 yellow. 46%® 47%c; No. 2 yellow, old. 47%c; No. 3 yellow. 45®46c; No. 4 yellow. 44%c; No. 4 yellow old. 46tic; No, 6 yellow, 43"ic; No. 2 white. 47%®48c: No. 3 white. 48%®, 47',c; No. 4 white. 45c; sample grade, 37c. Oats—No. 2 white, 27',®27%c: No. 3 white. 26®26%c: No. 4 white. 25%c. Rye—No sales. Barley—3B®63c. Timothy —52.25® 2.60. Clover—s7.7s® 10.25. TOLEDO CASH GRAIN By T'nitei Press TOLEDO. Mav 12.—Cash grain close: Grain in elevators, transit billing. Wheat —No. 2 red. 86%®87%c: No. 1 red lc premium. Corn—No. 2 yellow. 50%@51%c. Oats—No. 2 white. 30® 31c. Rve—No. 2. 62® 63c. Track prices. 38'2C rate. Wheat -‘-No. 1 red. 83®83%c; No. 2 red, 82®82'2C. Corn—No. 2 yellow. 46®47c: No. 3 yellow, 45®46c. Oats—No. 2 white. 27®38%c; No. 3 white. 26%®28c. Seed close: Clover —Cash. $6.90: October. $7. Alsike—Cash. $6: August. $7. Butter—Fancv creamery. 26c. Eggs—Extras. 12@12%c. Hay—Timothy. per cwt. 70c.

Indianapolis Cash Grain

—Mav 12— The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. 0. b.. shipping point, basis 41 %c New York rate, were: Wheat—Firm: No. 1 red. 76®77c: No 2 red. 75®E6c; No. 2 hard. 71® 72c. Corn—Strong; No. 3 white, 34®40c: No. 4 white. 38® 39c: No. 3 yellow. 37%®38%c; No. 4 vellow. 36%®37%c: No. 3 mixed. 36%®37%c: No. 4 mixed. 35%®36%c O’.ts—Strong; No. 2 white, 22%®23%c; No. 3 white. 21 %®22%c. Hay if. 0. b. country points taking 23%c or less rates to Cincinnati or Louisville' No 1 timothy. $5.50®6: No. 2 timothy, $5.60® 5.50. —lnspections Wheat—No. 2 red, 1 car: No. 3 red, 1 car; No. 2 hard, 1 car. Total. 3 cars. Corn—No. 1 white. 1 car; No. 2 white. 10 cars: No. 3 white. 13 cars; No. 8 white. 1 car; No. 2 yellow. 6 cars; No. 3 yellow. 7 cars; No. 4 yellow. 4 cars; No. 5 vellow, 2 cars; No. 3 mixed. 1 car: No. 4 mixed. 1 car Total. 46 cars. Oats—No. 2 white. 6 cars: No. 3 white. 9 cars; No. 4 white. 1 car; sample white. 1 car. Total. 17 cars. INDIANAPOLIS WAGON WHEAT Citv grain elevators paying 74c for No. 2 soft wheat. Other grades on their merits. CO-OPERATIVE MARKET ORGANIZATION FORMED Southern Indiana Farmers Promised Higher Prices for Eggs. By United Press BRAZIL, Ind., May 12.—Higher eggs prices were promised southern 'lndiana farmers today with announcement by H. L. Royce, Clay county agent, that a co-operative marketing organization has been formed. The eggs will be shipped to New York in car load lots from a central market at Switz City. Clay. Owen, Green, Sullivan and Knox countyfarmers have joined the organization, Royce said. Members of the egg shipping association will pay 9 cents a case for trucking to Switz City, 35 cents a case for case and fillers, 71 cents for freight and 5 cents for handling and loading, making a total of $1.20 per case or 4 cents a dozen. The eggs must be iffriformly graded and weigh 23 ounces to the dozen.

Steel Production’ * since 1928 Ct* 1929 1930 193! J 932 !933 w 7S ' — —j ' j" r P-\/s|.j-47rbH ! :i=i§§ SOVPCt;DAILY METAL TRADE (g)

CREDITOR SUES CLOSED BANK'S STOCKHOLDERS Double Liability Judgment Asked in Meyer-Kiser Court Action. Suit to collect from sixty-five stockholders of the defunct MeyerKiser bank on a double liability basis, was filed Friday in circuit court by Charles D. Babcock, an attorney, who avers he is a general creditor with a claim of $l5O. Babcock, member of a depositors committee, states in the suit that he is acting for himself and more than 1,000 other creditors of the bank. Among the defendants are stockholders who served until a week ago as liquidating agents, having been displaced by Thomas E. Garvin, receiver, appointed by Circuit Judge Earl R. Cox. These stockholders are Ferd S. Meyer, from whom the suit demands $66,640; J. J. Kiser, $66.000, and M. S. Cohen. $66,500. May Pay Well, is Claim From Sol Meyer the suit asks $66,500. Amounts of $6,000 or less are sought from remaining defendants. Order for discharge of all former employes of the bank and cessation of operation of all departments was given Garvin by Cox today. Last Saturday Garvin discharged fourteen of the eighteen employes of the liquidating agents. Depositor creditors of the defunct State Savings and Trust Company plan to continue their search for assets of the receivership, it was revealed today when petition was filed with Cox asking for a further investigation. Examination Is Sought The petition, signed by K. I. Hamilton, J. S. Sisloff, R. D. Evans and S. Pat Solomon, asked the court to “arrange for an examination of the records and activities of the officers of the bank and its subsidiary, the State Property Company.” Meyer-Kiser bank depositors could be paid in full, if total assets of the bank can be liquidated at an average of 70 per cent of their book value, Kiser said today, adding that only time and general business conditions govern this possibility. Garvin Thursday said the I bank mav pay depositors 25 cents on the dollar. Kiser said that income from all sources during the twenty-three months of liquidation of $262,545.75. Expense for the same period, he said, was $232,125.27, leaving a net operations profit of $30,420.48. Cites Examination Results Examination by the state banking department showed approximately the following, Kiser said: Total liabilities, exclusive of $614.000, in capital surplus and undivided profits'. $1,878,000; total book value of assets, $2,492,000, valued by banking department at $1,373,000. If the assets are liquidated at the value placed on them by the hanking department on the basis of the recent examination, depositors and creditors would receive approximately 70 per cent, Kiser said. Receivers for the Belmont State bank and Virginia Avenue State bank, closed recently on order of the state banking department, were appointed today by Judge John Kern in superior court one. Frank B. Ross, attorney and former probate judge, was named the Belmont receiver with bond of $15,000. Edward A. Oliger, attorney, was appointed the Virginia Avenue receiver at SIO,OOO bond. Liberty Bonds By United Press NEW YORK, May 12.—Closing Liberty bonds: Liberty 3%5, 32-’47 102.3 Liberty first 4%5, 32-47 102 3 Liberty fourth 4%5, '33- 38 102 31 Treasury 4%5, '47-52., 109. Treasury 4s, 44- 54 105.22 Treasury 3%5. '46- 58 104.15 Treasury 3%5. '43-'47 101 27 Treasury 3%5, 41- 43 March 101.28 Treasury, 3%5, ’4O-’43 June 101.24 Treasury 3%5, - 46-'49 99.22 Treasury 3s, 'sl-'55 98.19 NEW YORK COFFEE RANGE —May 12— SANTOS High. Low. Close January 7 86 March 7.86 7.79 7 79 May 8.60 8.55 8 60 July 8.75 8.32 8 32 September 8.06 7 99 8.00 December 7.99 7 87 7.87 RIO January 5 57 March 5.64 5 56 5.56 May 5 62 July 5.79 5.70 5.70 September 5.73 5 55 5 65 December 5 69 5 59 5 59

It Isn't Mentioned

The Consttiution of the United States doesn't mention the President’s cabinet; doesn’t provide for it; merely infers it. Did you know that the cabinet gets its name from the fact that George I of England coudln’ speak English? Do you know how the American cabinet differs from European cabinets? Do you know how many cabinet officers George Washington had? Do you know that the senate has to confirm all cabinet appointments? Do you'know how many appointments to cabinet jobs have been rejected by the senate? Do you know when the cabinet meets and what it does? Do you know the order in which cabinet members succeed to the presidency? Do you know when each department was established and what its duties and powers are? All these and many other interesting facts about the origin, history, powers and duties of the cabinet officers are contained in our Washington bureau’s latest bulletin, the President’s Cabinet. Fill out the coupon below and send for it: —CLIP COUPON HERE Dept. 222, Washington Bureau, The Indianapolis Times. 1322 New York avenue, Washington, D. C. I want a copy of the bulletin, the President's Cabinet, and enclose herewith 5 cents in coin or loose, uncancelled, United States postage stamps, to cover return postage and handling costs: NAME BT. and NO CITY STATE I aEgSta reader of The ’lndianapolis Times. (Code No.)

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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. The 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. factor/ manager, smiles at the boom and says: "It can't last forever. It’s just a fad that began in Hollywood.” Production Boosted By Times Special AKRON. O . May 12 —A 200 per cent increase in tire production over 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-jiloyment for a number of former employes. Six hundred workers have been added in the Goodrich mechanical goods division in the ( last thirty days, it was stated.

Produce Markets

Delivered In Indianapolis prices: Hens, heavv breeds over 4' 2 lbs. 10c: Leghorns. Bc. Broilers: Colored Springers. 2 to 2‘4 lbs.. 17c: 1V 2 to 2 lbs.. 14c: Springs (Leghorn) IV 2 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 Bnd fat. sc. Young Guineas. 20c: old Guineas. 15c. Eges—No 1 fresh country run eggs. 10c: Juliet eggs. 6c. Each full egg case must weigh 55 lbs. gross: a deduction of 10c per lb. for each lb. under 55 lb*, eross will be made. Butterfat. 16c: No. 1 butter. 21?22c. These prices are for healthy stock free from feed, no sick poultry accepted. Quoted bv the Wadler Comoanv. BY VNITED PRESS CHICAGO. Mav 12.-Eggs-Market, firmer: receipts. 45.572 ras>s: extra firsts. H'(®l4'c firsts 14? 14’jc. current receipts. 13’ 4 c; dirties. 12' 2 c Butter—Market.. steady; receipts, 14,950 tubs; specials. 23?23' 2 c: extras 22‘jc: extra firsts. 21 3 4 ?22c: firsts. 21 21 * 2c.; standards. 22’' 2 c. Poultry—Market, steady to he higher; receipts. 22 trucks; fowls. 12? 13c: springers. 14? 16c: Leghorns, 10’ 2 c: ducks. 9? 12c: geese. 7c: turkeys, 12? 14c. roosters. 9c: broilers. 21? 24c; stags. 11c Cheese Twins. 13? 13 • 2c: Longhorns, Potatoes-On track, 232; arrivals. 112: shipments. 903: market dull slightly weaker: supplies moderate: trading slow: Wisconsin saeked round whites, 70c: Idaho sacked round russets. $1.35; T.outstana sacked Bliss Triumphs. $1 85?2: few higher; Alabama sacked Bliss Triumphs. $2 10: Texas sacked Bliss Triumph. $2 10 CINCINNATI May 12.—Butter—Packing stock No. 1. 14c: No 3.12 c; butter fat delivered, 20c. Eggs—Steady. 1 Cases included 1 extra firsts, 13c; seconds, lie; nearby ungraded. 12' 2 c Live Poultry—(Following quotations represent prices for poultry In good healthy condition. Thin and coarse stock sells only at heavy discount). Fowls, 5 lbs and over lie. 4 lbs. and over, fl’ic; 3 lbs and over, lltjc; Leghorns. 3 lbs and over, 10c; roosters, 6s: colored broilers. 1-lb and over. 17c; I v 2 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. 5; under 4 lbs., sc; guineas. 10c; turkeys. No 1. 12c; No. 1. voung toms over 15 lbs , lie No. 1, old toms. 10c. CLEVELAND, Mav 12 - Butter market steady: extras. 26' 2 c: standards, 26’ 2 c. Eggs—Market firm; extras. 13 ,- 4 c; current receipts. 13c. Poultry market steady: heavy fowl. 12? 13c; medium fowwl. 12?) 13c: Leghorn fowl. 11c; heavy broilers. 20?22c: Leghorn broilers. 15?17c: No. 2. chickens. 8c: ducks. 9? 11c; geese. 10c; turkeys. 15c. Potatoes—Michigan. New York Ohio and Pennsylvania, sacks a bushel, partly graded. 50? 60c NEW YORK. May 12.—Potatoes—Weak; southern. $2 25?5 per barrel. Maine. 90c(® $2 per barrel Idaho. $1 40?2 per sack: Bermuda $5?6 50 per barrel. Canada, $1.35?1 60 pet barrel. Sweet, potatoes Firm; Jersey baskets. 60c?5190. southern baskets. 65c?*1.40. Flour—Firm: springs, patents. $4.85? 520 ppr sack Pork—Firm; mess. $18.75 per barrel. Lard—Strong; middle west spot. $7.05? 7.15 per 100 Id. Petroleum—Dull: New York refined, 17c; crude Pennsylvania. 77c?$1 27 per barrel. Grease —Stronger; brown. 3 5 ?3‘ 2 c per lb.; veliow. 3 3 a?3 ,/ 2 c per lb.; white, 3' 2 ?4 per lb. Tallow -Strong: special to extra. 3*/a ? 314 C per lb Common hides—Strong: native steers. 10c: butt brands. 9 3 4 e; Colorados. 9'ic. Dressed poultry-Steady; turkeys 13?23c: chickens. 16? 24c; broilers. 15?27c: capons. 16?2Rr: fowls. 8? 17c: Long Island ducks. 13c. Live poultry— Steady: geese. 6?3c: turkeys. 10? 16c: roosters. 9c: ducks. 7? 13c: fowls. 12?15C' chickens, lie: capons. 11? 16c; broilers 15 ? 18c. Cheese -Firm: state w-hole milk, fanev to specials. 20?21c: young Americas, 14' 2 ?14 3 c. Butter Market, firm: creamery. higher than extras. 24?24' 2 c: extra. 92 score 23' 4 ?23' 2 c; firsts. 90 to 91 score, 23'?23 l 2 c. first. 9 score. 22 3 ?23e Eggs —Market, lrreeuiar: special packs, including unusual hennery selections 18Vi® 17 3 4c: standards. 16?16 ! 4c; firsts. 14 3 4 c: seconds. 13*4? 14c.

In the Cotton Markets

CHICAGO —May 12High. Low. Close. January 9.50 9 35 9 47 March 9.67 9 50 9 64 May 8.85 July 9 01 8 82 8 98 October 9 29 9 09 9 24 December 9 44 9 25 9 39 NEW YORK January 9 46 9 25 9 44 March 9.60 9 38 9 51 May 8 83 8 72 8 81 July a 98 8.77 8 96 October 9 34 9 00 9.20 December 9 40 9 15 9 35 Department of commerce reports March shoe production in United States was 28.374,157 pairs, against 26,384,408 pairs in February.