Indianapolis Times, Volume 45, Number 5, Indianapolis, Marion County, 17 May 1933 — Page 13

MAY 17. 1933

STOCKS PRICES SHOW GAINS IN ACTIVE TRADING Steel, Electricity Reports Bullish Notes in News. Average Stock Prices A'.frar** of thirty .r.rttutrinl* for Tu*dv hleh ft? 25 low 79.54 last 81.29 UD 1 59* A'craae of twantv rail? 37 68 36 42. 37 28 up 89 A rrae<* of twenty utilities 39 000 37.47 28 56 UD 86 Average of forty bonds 81 03. un 04 BV ELMER ( . WALZER l niim Pres, Financial Editor NEW YORK. May 17.—Further marked business improvement brought new buying into the stock market at the opening today and prices advanced fractions to 2 points in fairly active turnover. Highest grade stocks again led the upturn. Gains, however, spread throughout the list. Before the New York opening the London list wa firm. The American dollar continued to gain moderately in terms of European currencies. The Street was cheered by reports on steel and electricity production. The latter made the best showing as compared with the previous year for 161 weeks or since April 5, 1930. Steel Operations I'p The gain in output over the 1932 week amounted to 22 per cent. Steel operations were estimated at 25 per cent of capacity by the Iron Age. That was the best showing since the week ended June 23, 1931, when the rate was 36 per rent. Automobile stocks were in active demand at the outset. General Motors opened at 24. up '< and then moved toward its 1933 high. Gra-ham-Paige opened 15,000 shares at 3' 2, up % and anew high for the year. Packard made anew 1933 high at 4' 2. up L on 3,500 shares. Auburn was up IS, at 53 %. Chrysler gained %to 20 1 1 on 2,500 shares. Dividend Is Expected United States Steel opened at 49, up ' i on 1,500 shares. It firmed up from that level in the early trading. Fractional gains were made by the electrical equipments, Woolworth, Union Carbide, Case, American Can, Montgomery Ward, International Harvester, Du Pont, and a long list of others. American Telephone opened at 108' i, up 1 point on 1,000 shares and then moved up to 108 7 h on a long string of sales. Its high for the year is 109 ’•*. Directors meet at noon to act on the dividend. The Stret expects declaration of the regular dividend. Bank Clearings INDIAN A roils STATEMENT Mav 17 - Clearings $1,533,000.00 Debits 5.138.000.00 TRF.ASI RV STATEMENT Mav 17 - Net balance for Mav 15 . .$420 016 340 00 Expenditures 10,982,896,92 Customs rects. mo to date.. 10.757.847.03 Foreign Exchange ißv Abbott. Hoppin Ac Co.I - Mav 16 - Open. Close. Sterling England $3.93% $3.92% Franc France 0459 .0458% Lira Italy 0604 .0605 Belcas. Belgium 1625 -.1622 Mark, Germany 2686 .2699 Guilder. Holland 4695 .4690 Peseta. Spain .0997 Krone. Norway 1995 .2000 Krone. Denmark.. _ 1752 .1756 New York Curb Market (By Abbott. Hoppin <fc,Co 1 May 15— I Close Close Alum Cos of Am. 621n11 Petrol .... 12 % Am Bev 2* Lone Star Gas.. 7* A Cts Pr A I. B 4 1 j Mount Prod 4 Am Cyan 'B'.. 7% Natl Bellas Hess 2': Am Gas Ac El.. 33 Nmg Hud Fwr.. 11' 2 Am Sup Pwr... 4' Pan-Am Airways 37' 2 Asso Gas i A 1 ... I%'Penroad 2% Braz Tr A Lt,. 11% Pioneer Gold M. 9 Cent Sts E 1.... 2% ; St Regis Paper.. 3% Com Edison ... 64 % Salt Creek Prod 4% Cord 9% Std Oil of Ind.. 24% Deere Ac Cos ... 17% Std Oil of Ky.. 13% El Bond Ac Sh. 23 ', United Founders Da Ford of Eng ... 3', United Gas .... 2% Ford Mot Can.. B%!Un Lt A Pr (A) 4% Hudson Bay M 7% United Verde .. 3 \ Imperial Oil ... 9% Util Pwr A Lt.. 2’*

New York Bank Stocks ißy Abbott. Hoppin & Cos May lb- - Bid. Ask. Bankers . 56 v * 57' 8 Central Hanover 123’ 2 125 Chase National 23fi 24 1 Chemical 35' t 3.5 , Citv National 27 27-s Corn Exchange 53' 2 54' 2 Continental 14' 2 I4 7 a First National 1.345 1,360 Guaranty 269'j 271 Irving 17’a 18 Manhattan A- Cos 19 19Nn Manufacturers H** 15 New York Trust 85'. 86' Liberty Bonds Bn Vnitcd Prrtt NEW YORK. Mav 16.—Closing Liberty bonds: Liberty 3"* 32-47 102 3 Liberty Ist 4'.s 32-47 102 2 Libber tv 4th 4’,s 33-38 102 28 Treasury 4Us 47-52 109.8 Treasury 4s 44-3< " 105 if Treasury 3*4s 46-56 . 104. Treasury 3Vs 43-47 ini 20 Treasury 3Ss 41-43 March lol.in Treasury 3 3 s 40-43 June 10l 16 Treasury 3>.s 46-49 99 18 Treasury 3s 51-55 98 14 Investment Trust Shares (By Abbott. Hoppin & Cos i —Mav l. - Bid Ask American Bank Stocks Corp... I 16 l 36 American Founders Corn l 00 200 Amer and General Sec A'... 450 fOO Basic Industry Shares 2 76 British Type Inv Tr Sh 50 2 Collateral Tr Shares iA 437 4 75 Corporate Tr Shares tole! . . .2 06 Corporate Trust Sh mei 2 07 2 14 Cumulative Trust Shares 3.55 Diversified Tr Shares •A > 6 25 Diversified Trust Shares B' 700 7.2a Diversified Trust Shares iC 2 72 282 Diversified Trust Shares ill 4 47 i.i, First Insurance Stock Corp.. I 8> 2.lit First Common Stock Corp 1.27 1 5 Fixed Trust Oli Shares 1A1... 7 60 ; CO Fixed Trust Oil Shares iß> 6 22 6 "3 Fundamental Trust Shares iA> 3 75 385 Fundamental Trust Shares iß> 350 360 Leaders of Industry iA I 2 00 Low Priced Shares 4 25 Mass Inves Trust Shares 16 37 18 12 Nation Wide Securities .... 3 01 No Amer Ti Snares .1953' .171 No Amer Tr Shares (55-'56i.. 223 250 Selected American Shares . . . 232 240 Selected Cumulative Shares.... 6.10 6 25 Selected Income Shares 3 23 3 30 Std Amer Trust Shares . ... 2 13 283 Super Am Trust Shares iA).. 2.65 Trust Shares of America 2 70 2 80 Trustee Std tOl < A 4 10 4 30 Trustee Std Oil 'B 1 3 60 3 80 U 8 Elec Light A Power •A >. .13 Universal Trust Shares 268 2 78 MUSIC IS GIVEN - AX Cut From High School Course Because of Depression. By T Hitt •/ I’rt at MERCED. Cal., May 17.—Music may have charms lo soothe the savage breast, but not those of the trustees of the Merced Union high school district. The trustees, casting about for ways and means of reducing school expenses, abolished the entire music department, which included four full-time teachers. NEW YORK RAW SUGAR Ft TI RES -Mav 16High. Low. Close January 1.47 1.41 1.47 March . 1 52 1 48 1.52 u IT 135 138 132 July 1.36 1.35 1 36 September 1.40 1 35 1 December 1.47 1.41 1.4.

New York Stocks 'By Ahbctt flop Din At CO.l '

-May 17— Prev. OIH— High. Low 11 00 close. Amerada . .... 3e 35% 35 3s_, Atl R!g 2’4 2 ! * 2 ! • 20;. Barnsoail 6% 6'* 6’. Consol Oil 8", 8 : , 8 • -4 Cont of Del 12 1 12'4 12 1 . 12'4 Houston mewri ... . . 4 1 4 4 4 Houston 'Old> .. .. ... 21 3 4 21% Indian Rfg • ■ ■ • • • * * Mid Cont Pet . !• ® ohio Oil ... -10 9% % 2 4 Pet Corp • 8 1 4 BJ, Phillips Pc' • Il'a H’a 11% 11% Pure Oil • Royal Dutch ;1, 4 SOP Oil 31% 30% 30 4 30 4 Shell Un 6% 6 a 6% 6 Simms Pet • *' • Skelley Oil . 80c Vac • ■ *’• SO ol Cal 30 * ao>. 8 O of Ind .•• 38 SOof N J 3% 34 4 3. 4 44% Sun Oil _ 38 37% lex as Corp 1" l,1 4 1 1 }* Tidewater Oil ••• ••• Tidev.ater Assn J e 5 $ Un Oil of Cal ■ ••• 13 a 13' a Steels— Am Roll Mills . 15 . 15' a 15’a Js'. Beth steei 25 2 26'4 2% a6 Byers A M • 30 4 20', Col Fuel A: Iron. • I®. , a Cmc Steel •20 a 20% 20 , D * Gulf Sts steel 30 4 Inland Steel • ■ *3 28 2 Ludlum Steel -3 11 ‘ 2 12 10 > McKeesport Tin •.* 1? * Natl Steel 40*2 40 1 a Rep lion & Steel 14’. 14', 14, 14'. Rep Ir Ac St pfd 31 31 U S Smelt • • Vanadium 2020 20', 19’. U S pipe Ac Fdv . ■ 13'. 13% u S steel 49N 49 49, 48, U S Steel pfd *5 84% Youngstn SAtT .. ... 22% 2. A'fmson ... 61'J 61',4 61 2 60*, Atl CM Line.... 42'. 42% 42% 41 2 BAt O . ... 16', 15 lh' 15-4 Can Pac 13% 13*. IT, 13'* Ch At Ohio 35% 35*2 30% 35 Chi A Gt W 5 4', C M At St P 3 2 3 , C M At St P pfd . . . 5 5 Chi N W 9 >'4 9 9-, 8% Chi R I*l 8N 8 Cin R I 7 - pfd 12 Dela A Hud ••• 62 4 62 Erie ■ 9 -4 9 % Grt Northern.. 20 * 4 204'* 2u , 19 .1 111 Central... . 20% 2U', 2o*, 19 - K C Sou 135. 19 2 Lou At Nash . . 4o 4, 1 M K At T If '2 11; A Mo Pac ... 3*2 3 1 2 Mo Pac pld 4', 4’* ■*% 4 , N Y Cent 28% 28 ■ 28-a 28 N Y Chi At St L 7 ! , N Y Chi At S L p 9 r N 9 2 N Y New Haven 22 21 7 , 21' 4 21 "a N Y Ont At Wes 12% 12% 12 a 12% Norflok At West ... ... 145' 2 Nor Pac 22 ', 22' 2 22 ', 22'a Penn R R 24 '2 24 1 2 24' 2 23 a Reading . 39 '2 39 2 Sou Pac 23% 22% 23'. 22*2 Sou R R 15% 15% 15 a 15 Sou R R pfd 19% 19 Union Pac 88% 88', 8% 87 7 a Wabash ... 2% 2% W Maryland 9 , 9'a Motors— Auburn 54% 53'4 54 51 2 Chrysler 20'4 20'% 20 ‘a 20 Ge nMotors 24' a 24 24'a 23 3 4 tiraham M0t.... 3'2 3'% 3% 3 Hudson 8 7‘a 8 7' 2 Huno . ■• 4*. 4 Muck Truck .... 33', 33‘a 33', 33 u Marmon ■ ■ ' Nash 18‘2 13'* 18'a 18 Packard . • 4 Reo o', s', s', s'a Siudebaker 4'a 4 4 4|a Yellow Truck .. ssa5 s a 5' 2 5 5 / 5'2 .Motor Access — Bendix 13 3 , 13 3 'a 13 3 , 13’, Bohn Alum .. . 24'a Berg Warner... l3t, 13'a 13 4 12'a Briggs B'4 B' a B' a 7 a Budd Wheel . 3 2; a Eaton Mfg . ... 12 3 a 12', 12', 12’a Elec Auto Lite.. 20’, 20 20 19 3 a Mullins Mfg 6 1 , Murray Body . .. .. ... 8 Stew Warner.. 7 6 3 4 7 1 2 6'a Timken Rol 22 Mining— Alaska Jun..... . 14V, 14'a Am Smelt 29 28 7 a 28’a 28'i Anaconda ... 13 12 7 4 Cal At H.'Ga 4' 1 , Cerro de Pasco . 20' 2 20'4 20 '2 19 3 , Granbv . 10 9 3 , Gt. Nor Ore . . 11 '2 IOV* lU2 10-, Homestake Min .. ... 188 Howe Sound 16 3 B 16' 2 Ins Conner ... 5 5 Int Nickel .. .. .. ... 14 13 3 , Isi Creek Coal.. . ... . 21 Kennecott Cop . IT2 17'a 17's 17 Miami Cop 4 Noranda Cop . . 24'a 24 3 a Phelps Dodge .... ... . .. 11’, Pitts Coal 12' 2 ... Tobaccos— Am Snuff ... 4 4 3 4 Am Sunt Tob ... . 11 2 Am Tobacco IAI ... 78 *, 78’r. Am Tobacco iBl 807a 78 3 a 80 7 a BC2 Cons Cigar ... 7', 7 Gen Cigar . .. . 36 Lig A Myers (Bt 82', 81 3 , 82', 83 Lorrlllard 18 7 a 18 3 , 18 3 , 18% Reynolds Tobiß) .. ... ... 39"a Equipments— Allis Chalmers.. 15 3 a 15', 15 ; 'a 15 Am Car At Fdv.. 15* 15% 15 3 , 15', Am Loco 15 14 14 7 a 14 7 a Am Mach At Fdv .. . 16 16 Am Steel Fdy... 13'a 12 7 a 13 12% Bald Loco B*4 B'"a B', B'v Burroughs .. ... 12', Case J 1 62% 62'a 62' 2 61 3 , Cater Tract ... ... 15 Colgat. Palm Peet 15% 15% 15% 15% Congoleum ... 13 12% Elec Stor Bat ... ... 35% Foster Wheeler . 15 14% 15 14% Gen Am Tk Car 27% 27 27 26% Gen Elec 20% 19% Gen R R Rig 34 33% 33% 33 Ingol Rand 46 44% 46 44% Int Bush Mach 118 116% Int Harvester ... 34% 34 Kelvinator ... 9% 9% Natl Cash Reg.. 15% 15% 15% 14% Proc A Gamble. 39% 39% 39% 39% Pullman Inc ... ... 33% Simmons Bed' . 12 11% 12 11% Und Elliot. 25% West Alt' B 2 3 ', 24% Westingh Elec . 38 37% 38 37% Worthington Pm 26 25% 25% 24% Utilities— Am At For Pwr. 11% 11% 11% 10% Am Power At Lit 9% 8 7 a 9% 8% A T Ac T 109% 108% 108% 107 , Am Wat Wks .27 25 7 a‘ 26% 24 Brook Un Gas ... ... 79% Col Gas Ac El .. 17% 17% 17% 17 Col G,& E pfd 72’a Com At Sou 32% 3 Consol Gas 55'a 54% 54% 5' Elec Pwr At Lit Z t Int Hydro Elec.. . . 6 5 •. Int T’A: T ... 13% 12% 12% 12 , Lou Ci At E A . 19% 18' 2 19% 18 Nal Pwr & Lit.. 14% 14% 14% 14%, North Amer ... 26%' 25% 26% 25 r. Par G A E 26% 26% 26% 25% Pub Serv N J . . 48% 48% 48% 47 , So Cal Edison... 22'a 21 7 a 22% 21 % Std Gas 14% 14% 14% 14% Std Gas pfd ... . 21% United Corp ... 8% 8% Un Gas Imp .... 19 18% 19 13% Ut Pwr & Lit A. 4% 4% 4% 4% Western Union . 43% 42% 42% 4 1%

HORIZONTAL Answer to Previous Puzzle speeds 1 European flatfish (pi.) SALAS |RiEi IiNMAbVDIT 19 To penh ' • Itchy. AGATIt C'Ptei&'LE|R 21 Virginia Vaa 13 Each (abbr.) V A pfo RJc R .O 5' A G;0 Wie is a fa--14 Pronoun. G|Pj I jNIE* „|h o,LjTj^M + U;R t L mous 16 Italian mone- IRE SENT E R DA,L player’ tary unit >AR SM PE > 3 Hai , 17 T - L*A;D;E -Sib I|L jAjT|E D\ 27 Important Cu-lS-Flai round R |V| AG[L t lit* T ‘ '-1 G E ILdGißrai 29 Presents. -Congressional LOE AU L]A!e.3l Ventilated. t lu-ks LiADjfT A.RO[T TO|Q|NR 32 Mare. 22 Time gone bjs A : T HCrU K E .ISI E E A SE;R 34 Fence of pales 24 TopeS * -5 Account of champion? > 6S Old card game. mammal game* * Z girturbancea. VERTICAL 3S Cuts into SOPionoun. three parts. 26 Night before. 52 Compact. ICot. (OFuniid. 25 Short cask. 53 Ice glider. 2 Hostile 43 Tedium. 30 Large deer. 54 Rqund and incursion. 45 Indolent. 31 Form of "be.” tapering. 3 Association 4( . jj ar j. s 33 Above. sfi To woo. for debate. 4S cu<^dle up . 35 Ratitd bird. 57 Illusion. 4 Behold. 50 Expects. 37 Twice. 58 Music drama. 5 Dires. 51 Courtesy title. 38 Toward. 59 Beat of a clock. 7 Scribe. 54 To contend. 39 Aeriform fuel. 61 Publicity. STo ascend. 55 Wrap. 41 Lubricant. 62 Backs of 9 Measure of 57 Chart. 42 Distant necks. area. 60Kandh 4,i To sin. 64 Chum. 10 Candles. language. 4 l Nnt - 66 Measure. 11 Flexible pipe. 63 Dye. 4 • Ellsworth 67 Implements for 12 Still. 65 Average Vines is a pounding. 15 Contest of (abbr.). r L'-“3 4 ? I 6™ TANARUS" e"" =T" io“ """ IT" U" r W 4 ' K' s f 4$ ss| _ ' lß " rkr 1—55 —^^35 —— ” Hf 55 Kiri t~r : T^rrrrrrj

Rubber*— Firestone 20 20 j Goodrich . .. 12% 12% 12% 11% \ Goo.near . 31% 30% , L S Rubber . . 9% S% V S Rub pfd 20% 29% 20% IS 3 , Amusements— Fox ... 3 % 3', L2-es Inc . . .. 19', 18% Radio corp 1 • 1 KKO 2% 2% Warner Bros 3', 3% Food*— Am Sugar ... . 57% 56% 56% 57 Armour a . 6% 6% 6% 6% Beatrice Cream. 21‘a 20 21‘a 21 Boraen Proa 34 33% 33% 33% Cfl p-cxing 18% 17-a Canaoa u ry G A 15% 14% 15% 14' 2 Coca Co.a .. ... 86% Cont Has A 10‘, 9% 10% 9‘a | Corn Rtod 70 68% 70 89 Crm of Wheat.. . ... 32 O n loocs .... 32% 32% 32% 32',! Gold DU St 21 21 N j G W Sugar 2,% 24% 24 2 24% Rershey ... . . 50% Int Sait 22'., 22% Lt use vv'i.es ... ... 38 | Nan Bi Cult 50% 49% i Natl 1J t-rod . .. 2J% 20 1 a 20% 19% 1 Fe. Mi;.; 10% 10 | Pur.ty ujait . 17% 17% 17‘2 17 S Pc.to Rico S. 28% 28% 28 a 28% ! Std b~anu> ... 18 3 , I United Fruit . 50 1 2 50% 50% 49% j Ward Bak A .. .. .. . 6% Wng.ey 47% 47% Retails t-torrs Ass Dry Goods.. . . ... ... 12% Best A; Cos 22% 22 22 Gunbel Bros ... .. -3 % Gr Un 'lea ... .. . . 7% 6% Hahn Dept Sts 33 K.c ge S S ... . . 11 10% Kroger Groc ... 28% 28 Racy R H 54%. Mav Dept Si 23% 23% Mo.lt Ward 23% 22% Pc ii’V J C 37% 37 Si .ay s; . . 50 3 ., 50% 50% 49 tr . Rot-oucK. . 27 7 a 27 3 27 7 27% o rr. .1 ... ... 36 Aviation— A ’; 10 1 corp 11% 11% L ;ja:s Ai ... 14% t. , W. got. 32% 32% C . V: ~lt A 6% 5% 6’a 5% .’. .1 A .... ... 7% 7% ta A. last 29 28 3 4 29 28% / " j ,*ut ..its 73 72 7 a 73 73% .* ..vl ue 1 98% 97 : % / 1 v.O I Alco.iol 23 7 a 23% 23% 23% l 1 c. . on . ... 56 55 3 4 56 55% C. S'"vents. . 17% 17*2 17 3 , 17 s * Du Pont 64% 64% 64% 63% Freeport Tex ... 32 31% Liquid Carb .33 32’e 33 32% Northern Alkeli. 26’ i a 26% 26% 26% Tex Gulf Sulph 27 26% 27 26% Union Carbide.. . 35‘a 34% U R Indus Alco. 83% 33% 33’, 2 32% 111 :iv— Cotv me ... ... 4* Drug Inc . . 4R 3 47% Lam be t 34 33% 33% 33 Lehn A Fink .. ... 18% Zon: Prod .... 5% s'' 2 s*a 5% Financial— Ariar. p ... V: 7% Alleghc v; Co-p 2 1 a 2 2 2% Che. > 29*8 28 7 a 29*a 29% Tran nine, ica 5 6 Tr Cos” Corp.. .. ... 5% 5% in :< Am K 'ritor ... ... 10 C'-n o’ I' 13% 13% lot < 21 3 4 21% 21% 20% 'lanviiie. ... ... 31% 3i> 7 r -. Owns Gils 21 3 , 21 ‘a 217a 21 C ■ Fie- 17% l :.l t .Ist 2% 2% Mi crllareous— An Bank Noe.. .. ... ... 16% Am Can ... 81% 81 1 a Anchor Cap 23% 22% 23 22% Brklyn Man Tr.. 31% 31% 31% 31% contl Can ... ... 54% Kastman Kodak 73 72 % 72'% 71% Gwens Bottle .. .. 71 % Gillette 13% 12% 13% 12% C liriden 10% 10% 10% 10 Gotham Silk. .. 14% 14% 14% 14% I ldus Rayon .. 52 50% liter Rapid Tr.. 6% 6'4 6% 6% Real Sill: Hose 15% 14% 15'a 14% Daily Price Index By I nih il l*n NEW YORK. May 16.—Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for the United Press: (1930-1932 Average, 100 l Today 88.80 Monday 88 59 I Week ago 85.73 Month ago 75.44 Y-nr ago 75.01 1933 high iMav 1 1 ) 89.23 1933 low iJan. 20) 67.86 (Copyright. 1933, Dun A Bradstreet, Inc.) CHICAGO STOCKS (By Abbott, Hoppin A Cos.) —May 16High. Low. Close. Bedix Aviation 14% 13% 14 Bulks Mfg ... 1% Borg Warner 13 12% 12% Blit if r Bros 4 s * 4% 4% I Cent Fub Serv Class A. .. ... % ! Cent A So West 1% 1% 1% I Chicago Corp com 3% 2% 3 : C icago Corp pfd 23% 23 23 ; Club Aluminum 2% 2% 2% Commonwealth Edison.. 64 63% 63% I Co.'tinental Steel 9% 9% 9% I Electric Household ... 8% 8% 8% I Great Lakes Aircraft % ! Grigsby Grunow 1% 1% 1% Houdaillc Hershey B ... 4% i Lioby McNeil ... 5% Lynch Corp 16% 16% 16% i Marshall Field 11% 11% 11% ' Ncolitt-Sparks Ind Inc 15% 14% 15', Public Service N P ... 30% 28% 30% Cue.ker Oats 14% 14 14% Seaboard Utilities Sh % % % S-ts At Cos 18% 17% 18 f.c.ft International.. 27% 24 26% U S Gvpsum com 38 36% 36% Utah Radio 13 12 13 II i’itv & Ind 1% 1% 1% I Fit’ Ind pfd 4 3% 3% r.-tc : Cup Cos 7% 7% 7% y a g-?en Cos com 16% 16% 16% limith Radio 1% 1% 1% NEW YORK COFFEE FUTURES —Mav 16— RIO High. Low. Close. : January 5.46 I ? arch 5.45 5.43 5.43 i Mev 5.52 I July ; 5.60 S'ptember 5.55 5.52 5.52 December ... 5.49 5.48 5.46 SANTOS January .... 7.66 March 7.62 7.59 7.59 Mav 8.45 July 8.25 8.13 8.13 September 7.85 7.78 7.80 Le err, er 7 68 7.66 7.67

THE INDIANAPOLIS TIMES

PORKERS MAKE | GOOD SHOWING AT CITYYARDS Top Price Again Touches $5.05, Year's High Mark. Hogs made another show of strength at the city yards this, morning after a somewhat dull trend during the preceding session. Prices were generally steady, with ' the bulk, 160 to 300 pounds selling at $5. The early top was 55.05, the year's high on porkers in this terri- ' tory. Weights of 300 pounds up brought $4 85 to $4.95; 120 to 160 pounds. $4.45 to $4.75. Receipts were j estimated at 8.000; holdovers were 801. In the cattle market slaughter classes were active and firm with some held slightly higher than Tuesday’s average. Receipts were 1.500. Veaiers were strong to higher, selling at $6 down. Calf receipts were 800. Sheep were undeveloped, asking higher. Bulk of sales late Tuesday were made at $6.60. Receipts today were 1,200. With action developing slow in hogs at Chicago, all indications were toward a higher trend. Asking was unevenly higher, while a few bids held around 5 to 10 cents above Tuesday’s average. The bulk, 200 to 270 pounds, was bid in at $5.10 to $5.20. Receipts were estimated at 18.000, including 7,000 direct; holdovers, 2,000. Cattle receipts numbered 8,090; calves, 2,000; market strong. Sheep receipts were 8,000; market strong. HOGS May Bulk. Top. Receipts. 10. *4.15® 4.20 *4.20 7.000 11. 4.35® 4.40 4.40 6,000 12. 4.55® 4.60 4.65 7,000 13. 4.75® 4.80 4.80 2,000 15. 5.00® 5.05 5.95 6.000 16. 4.95® 5.00 5.00 7,000 17. 5.00® 5.05 5.05 8.000 Market, hither. (140-160) Good and choice....* 4.65@ 4.75 —Light Weights—-(l6o-180) Good and choice.... 5.00 1180-200) Good and choice.... 5.00 —Medium Weights—-<2oo-2201 Good and choice.... 5.00® 5.05 (220-2501 Good and choice 5.00®. 5.05 —Heavy Weights—--1250-2901 Good and choice.... 5.00® 5.05 (290-350) Good and choice 4.95® 5.00 —Backing Sows—(3so down' Good 4.25® 4.65 <350 upi Good . 4.00®! 4.25 (All weights) Medium 3.75® 4.00 —Slaughter Pigs—-(llo-190) Good and choice.... 4.35® 4.45 CATTLE Receipts. 1.500; market, steady. (1.050-1.100) — Good and choice $ 5.50®! 6.75 Common and medium 4.00® 5.50 (1,100-1.500) Good and choice 5 00® 6. <5 Medium 4.00® 5.00 —Heifers—-(sso-750) Good and choice 5.00@ 6.00 Common and medium 3.75® 5.00 (750-9001 . Good and choice 4.75®5.75 Common and medium 3.50® 4.75 —Cows— Good 3.50® 4.00 Common and medium 3.00® 3.50 Low cutter and cutters 1.75® 3.00' —Bulls (yearlings excluded) Good (beefi 2.75® 3.50 Cutter, common and medium.. 1.75® 2.75 VEALERS Receipts. 800; market, higher. Good and choice ...., * 5.50® 6.00 Medium 3.50® 5.a0 Cull and common 2.00® 3.50 —Calves—-(2so-500) Good and choice 3.50® 5.00 Common and medium 2.00® 3.50 —Feeder and Stocker Cattle—-(soo-800) — Good and choice 4.75® 6.00 Common and medium 3.00® 4.75 (800-1,5001-Good and choice 4.75® 6.00 Common and medium 3.00® 4.75 SHEEP AND LAMBS Receipts. 1,209; market, higher. —Lambs. Shorn Basis—(9o lbs. downi Good & choice. .$ 6.50® 7.00 (90-110 lbs.i Good and choice. 6.00® 6.75 (SO lbs. down) Com. and med. 4.00® 6.00 Spring lambs 6.00® 8.00 —Ewes— Good and choice 2.00® 3.00 Common and medium I.oo® 2.00

Other Livestock BY UNITED PRESS CHICAGO. May 17.—Hogs—Receipts, 18.000, including 7,000 direct; active, un- , evenly 10® 25c higher; packing sows 15c up: bulk better grade hogs all weights. . ' sj. 154/5.25; top. $5.25: few big weights , /Own to $5: pigs. $4,251(14.75: most pack- , ing sows, $4.50(0 4.70; light lights 140-160 lbs., good and choice, $4,65(0 5.10; light weight 160-200 lbs., good and choice. $4.90®5.25; medium weights 200-250 lbs., good and choice. $5.204/5.25; heavy weights 250-350 lbs., good and choice. $5,054/5.25; packing sows 275-550 lbs., medium and good, $4.25(0 4.85; slaughter pigs 100-130 lbs., good and choice. $4.25(0 4.75. Cattle ! —Receipts, 8,000; calves, receipts. 2,000; | general market again active, strong to ; 25c higher; medium weight and weighty ; steers setting price pace, mostly 25c up. : instances more; all interests in trade and 1 all grades and classes in broad demand; , best yearlings, $7; weighty steers. $6.75; \ latter scaling around 1.500 lbs.: largely $5.25(06.50 market on steers; slaughter cattle and vealers: steers 550-900 lbs., good and choice. $5.75(0 7.50; 900-1,100 lbs., good and choice, $6417.50. 1.100-1,300 lbs., good and choice. $64/ 7.50: 1.300-1,500 lbs., good and choice. $5 754/ 7.25; 5501.300 lbs., common and medium. $4,504/6: heifers 550-750 lbs., good and choice, $5,254(6.25; common and medium. $4,254/ 5.25: cows good, $3,504/4; common and medium. $3,254/3.50: low cutter and cutter. $2 254/ 3.25: bulls, yearlings excluded, good beef. 53.254/ 3.75; cutter common and medium. $2 654/3.50; vealers. good and choice. $5,504/7; medium. $54/5.50: cull and common. $34/5: Stocker and feeder cattle: steers 500-1.050 lbs., good and choice, $5,504/ 6.25; common and medium. $44/5.25. Sheep—Receipts, 8.000: fairly active, steady with week's earlier. 25c upturn; practically : no wooled lambs here; desirable clippers, $6,504/6.85; Oilifornia springers, Si.so. natives same price: slaughter sheep and lambs, spring lambs, good and choice, $6,504/ 3: medium. $5,754/6 50: lambs 90 lbs., down, good and choice, $6.2547 6.85; common ana medium. 54.504/ 6.35; 90-98 lbs. good and choice, $6,154/6.75; 98-110 lbs., good and choice. $64/6.65: ewes. 90150 lbs., good and choice. $2,254/3.25: all weights, common and medium. $1.504/2.50. PITTSBURGH. May 17.—Hogs- Receipts, 1.500: market. 104/15c higher: 160-250 lbs., $5,254/5.40: 260-290 lbs.. $5.10415.20; 130150 lbs.. $4.50®4.85; packing sows. $3,504/ 3.75. Cattle—Receipts, 15; market, unchanged; medium to good steers and yearlings Quoted $54/6.25: heifers. $4,254/5.50; most beef cows. [email protected]: bulls. $2,754/ 3.65. Calves—Receipts, 100: market steady; good to choice vealers. $54/6 Sheep—Receipts. 300: market mostly steady: medium to good shorn lambs, $5.50® 6.50: be.-t quoted up to $7: good to choice spring lambs. $7,504/8.50: medium to good shorn wethers. $2,354/ 3.25. TOLEDO. May 17.—Hogs—Receipts. 250: market. 10c higher: heavy Yorkers. $54/ 5.10: mixed and bulk of sales. ss® 5.10: pigs and lights. $4.25® 4.40: medium ana heavies. $4,754/ 5; roughs. $3®3.50. Cattle —Receipts. 225; market, strong. Calves — Receipts, light: market strong, choice to extras. 55.25®5.75; fair to good $4,504/ 5. Sheep and lambs—Receipts, light; market, steady. CLEVELAND. Mav 17—Hogs—Receips, 2.000. holdover none; active, mostly 154/ 25c higher: sows firm; 160-300 lbs., 55.25; 150 lbs. down. $4,504/4.75: rough sows. $3.75: few smooth. $4 or better: stags. $2.50 4/2 75: occasionally above. Cattle Receipts, 200; rather active: steadv to stronger: medium to good steers predominating at 55.75 upwards: best here held around $24/3.60 largely: sausage bulls. S3 4/3 50 and above. Calves—Receipts. 600: active, steady to strong: good to choice vealers. $5,504/6: cull to medium around $3,501/5: largely S4 upwards. Sheep—Receipts. 900: lambs active; steaav to stronger; good to choice clipeprs. $6,504/ 6 75: throwouts around $4,a04/5.50; medium to good springers. $6.504/7.50: odd head choice. $8 50: sheep continuing strong: good ewe and wether mixtures, $3 25. ' EAST ST. LOUIS. 111., Mav 17.—Hogs— Receipts. 10.000; market, mostly 5c higher; pigs strong to 10c higher; top. $4.95: manv held higher: bulk. 170-200 lbs., $4.90® 4.95; 150-160 lbs . $4,504/4 80: 140-150 lbs . $4,104/ 4.50: 100-130 lbs. $3,254/ 3.85; sows. $4 Cattle-Receipts. 2.500: calves. 1.800: market, active and strong on all classes, nominal range slaughter steers. s4®7: slaughter heifers. $4®6.50. steer sales largely $56 6 25: including 1.458-lb. beeves at $6.10: mixed vearlings and heifers. $5,254/ 6: top heifers. $6 25: cows, S3(•/3.75: low cutters. S2'/2 35: top sausage bulls. S3 25: good and choice vealers. $5 75; slaughter st?ers, 550-1.100 lbs., good and choice. $5.50®.7: common and medium, $4 •/5.50: 1.100-1.500-lb. choice. $64/ 6.75: good. $5 50 /6 25: medium. $54/ 5.50. Sheep Receipts. 2.800: market, steadv: better spring lambs $7,504/ 7.75; buck iambs. *1 less; throwouts around $5 50: desirable | clipped iambs. $6 504/ 6.75. fat ewes $24; ; 3: spring lambs, choice. $7.25®:7.75; good, j $6,504/7.25. medium. $5.50® 6.50: iambs. 90 lbs down, good and choice. $6,154/6.75: common and medium. $4-7 6.25: lambs. 90J 8 lbs. good and choice 56®6.25: yearling wethers. 90-110 lbs. . good and choice. $4.50 ®5: ewes. 90-150 ib*. good and choice. S2 256 3: all weights, medium, $1.25(12.25.

INDIANA STOCKS AND BONDS

The following auotations do not represent actua. mas cn offerings, bm mereiv indicate tnc approximate market .evei oasea on ouving ana se.img inquiries or recent transactions —Mav 17— STOCKS Bid. Ask. Belt Rail A Stock Yards ccm. 2* 2a Beit Kail <k stock Yds pfd b■ 45 so central Xna Rower pia (%.... I 10 Citizens Gas com 13 If citizens Gas Cos pfd 5% bt) bb Home T <s f Ft Wavne pfd 7 3f 41 rna A Mich Elec co Pia 7% b3 67 ind Gen Service Cos pfa 6%... 51 ob ma Hydro Eiec Cos 7% 20 2o lnapls Gas Cos com 4U mapls Pwr s; Lt b% 57 61 inapis Pwr ALt Cos pfd 6% r : b 670 iuaDis Water Cos dig 6%. . 87 9a No ind Pub Ser Cos pld 0%% 25 29 ivo um Pud ser to ft 2% 3j% No Ind Pub Ser Cos 7G Dfd. . 31% 35% public Serv Cos of ind afa b'c lv 2 19.2 Public Servos Ind pfd V'r.. 31 36 South Lid Gas & El pfd 6%. 50 55 Terre Haute Elec Dfd 6Ci... 37 44 Citizens Gas Cos 5s 1942 75 80 Citizens Gas Cos s 1942 76 81 Home T & T W 5%S 1905 93% 9i% Home TATFt W6s 1943 94% 98% Indpls Gas Cos 5s 1952 65 68 Indpls Kvs Inc 5s 1967 23% 28% Indpls Water Cos o%s 1940.... 94-.2 98 indpls Water Cos 5s 1952.... 94 99 Indpls Water Cos 5s 1960 89 93 IndDls Water Cos 5s 19”0 89 93 Indpls Water Cos 5%s 1953... 96 '2 100 indpis Water Cos 5%s 1954 96% 100 Kokomo Water Works 5s 1958 70 75 Lafavette Tel Cos 5s 1957 81 85 Muncie Water Works 5s 1939. 80 95 Richmond Water Works 5s 1957 80 85 Terre Haoite Water Wk 5s 1956 78 83 Terre Haute Wat Wk 6s 1949.. 89 94 Traction Terminal Cos 5s 1957.. 41 45 Joint Stock Land Banks . Bid. Ask. Atlanta 5% 36 39% Atlantic i r r 44% 48% Burlington 5% 32 3a California 5% 5b •Chicago 5% 20% 23% Dallas 5g 48% 53 Denver 5% 48% 52 '2 Des Moines 5% 40 42 First Carolina 5% 28 32 First Ft Wavne 5% 47 51 First Montgomery 5% 34 38 First New Orleans b r Z 36' 2 40% First Texas 5% 43 47 First Tr Chicago 5% 49 02 Fletcher 5'F 64 69 Fremont 5% 44 48 Greenbrier 5*7, 58 62 Greensboro s*v 43 4i Illinois Monticello 5% 56 61 Illinois-Midwest 5% 39 43 Indianapolis 570 74 18 lowa 5% 49% 54% Kentucky 5% 57% 61% Lafavette 5% 47 al Lincoln 5% 45 48% Louisville 5%. 50 54% Marvland-Virginia s'o .'.. 60 6a Mississippi 5% 43 45 New York 5% 46 50 North Carolina 5% 39 42 Oregon Washington STF 34 38 Pacific Portland 5%. 41 45 Pacific Salt Lake 5% 44 48 Pacific San Francisco b%... 44 48 Pennsylvania 54 60 Phoenix 5% 64 68 Potomac s ‘7c 45 49 *St. Louis SO 17 20 San Antonio 5% 49 52% •Southern Minnesota 5% 13 16 Southwest s'i 38 42 Tennessee 50. ’*> t'nion Detroit 5% 44 47 Union Louisville 5% 51 54 Virginia Carolina o',* 43 47 Virginian 5% as ‘Flat. Births Boys Bruce and Mary Turner, 1815 RooseVP It L° Rov and Eleanor Hodge 1038 Udell. John and Bertha Rodenbarger, 1418 North Sheffield. Wilbur and Alma Hart. 284 North Lynn. Darrelle and Mary Bodine, 409 North D< Sherman and Lois Hack. Coleman hosPi Harold and Jeanette Strouse, Coleman hospital. _ , , Carl and Alfreda Warren, Coleman hosPl (?letus and Tava Nallv, 1226 Bates. Thomas and Edith Harris, 1156 South Sh Calvpster ri fHid Irene Woods. 1112 Musk'James and Ruth Maskalick, 110 West George and Gloria Cash. 2641 Burton. Joseph and Ola Davis, Christian nosPi Ravmond and Ethel Donely. 1332 West T lJani and Gertrude Williams. 23 North BP Roy >n and Cornelia Reeves, 1423 West o Ernest and Cecelia McElroy. 2170 South Meridian. Girls Jordan and Myrtle Wilkerson, 222 North Yv'llari and Dolly Quick. 1432 Silver. Overton and Bessie Dalton, 534 Buchancieve and Helen Swinney. 2126 Beilis. Rufus and Myrtle Williams. 826 Torbrtt. John and Beulah Bunce. 1068 West McCa \VUbur and Helen Norris, 739 Arbor. Deaths Howard Smith, 34, city hospital, influenzal pneumonia. Murt Gurnell. 47, city hospital, pulmonary tuberculosis. Jessie F. Farrington, 70, 309 Kenmore Road, carcinoma. Bessie P. Cooley, 54, 43 West Washington. carcinoma. Francis Shannon, 13, White River, drowning, accidental. Milton A. Hollis, 71, 1317 Olive, cerebral hemorrhage. Samuel E. Kinnick. 84. 1122 West Thirtyfirst. acute cardiac dilatation. Arthur Martin, 37, city hospital, general peritonitis. Francis Wilson. 14. White River, drowning. accidental. Hymen Sevelle, 61. city hosiptal, chronic myocarditis. , _ „ Wealthy M. Mueller. 49. 1413 Bellontaine. pulmonary tuberculosis. WARNS TAX ASSESSORS Divulging of Intangible Payments Is Violation, Says Zoercher. Report that a tax assessor has divulged intangible tax payments in his county to a tax ferret for the purpose of bringing suit for deliquent property taxes, brought a warning to cqunty officials today from Chairman Philip Zoercher of the state tax board. He cited the law which provides for a SSO fine and removal from office for such conduct. , Zoercher declared that to divulge such information would thwart the whole purpose of the new intangibles tax law.

- THIS CURIOUS WORLD -

A SET OF EXTERNAL, FOOO CHOPPERS CUT t>R :.i f THE FOOO BEFORE (T IS \ ‘J PASSED pPOPER/ MOU ™ I "NE4R kOLHADuQ, INDIA. I A SNAK* CAUSED /OO DEATHS/

Henry VII married Catherine of Aragon soon after his accession to the throne of England, but his affections soon waned, and Anne Bolevn became his wife in 1533. After three years she was executed for infidelity to the king, and ten days later Henry married Jane Seymour, who died one year later.

STEADY BUYING CARRIES GRAIN OPTIONS HIGHER Strength in Securities and Cables Improves Sentiment. BY HAROLD E. RAINYILLE t r.itcd Press St*ff Correspondent CHICAGO, May 17.—A strong stock market and firm cables gave wheat a % to ■% cent higher opening on the Board of Trade today in light trading. Sentiment was slightly improved and there was only a scattering of'sales. Corn was % to % cent higher on some damage reports from Illinois and on the action in wheat. Other grains were dull and about steady, oats % cent lower to % cent higher and rye unchanged to % cent higher. Provisions were firmer. The cash demand from mills has dried up and with nothing stimulating coming from Washington, the "heat trade has fallen back upon fundamentals for its direction. A decline in sterling gave Liverpool a % to •% cent decline by midsession, although the tone was strong. Cessation of heavy rains in the corn belt weakened the market, but a week of good, warm weather still is needed for planting and plowing. Action in the other pits continued to dominate the trend in oats. Chicago Primary Receipts Wheat “ Mav 15 ~ Corn 737.900 Oats 708.000 S 346.000 Chicago Futures Range WHEAT- “ MBy !7 ' Prpv July 73% h #£• %°£ T4 3 4 .74-‘ .74*8 .74’a Sept. 7.7.7. V. :*B% .48*, '48% '% OATS-” • 495 “ £ ul >: 26 ' 4 .26 .26 .26% 8 RYE- 26 “ 26 ' 4 25 ‘ 4 27 '* July 55% .55 55 55% BARLEY-” - 56, ‘ ” 55J4 5578 ' 555 * July Sept CHICAGO CASH GRAIN By Vnitcd Press CHICAGO. Mav 16.—Cash crain close: Wheat—No. 2 hard. 73%c Corn—No. 2 mixed. 45 3 4 c; No. 3 mixed. 43', ft 43 3 4 re' No. 6 mixed. 42%c: No. 2 yellow 45(.t 45'ic; No. 3 yellow. 42%*"44' 4 c; No. 4 yellow. 42 3 4 r u 43 1 ic: No. 5 yellow, old. 430No. 6 yellow. 38®42%c: No. 2 white. 46c; No. 3 white, 45%c; No. 6 white 41c; sample eradc. 37® 39c. Oats—No. 2 white 26 3 4®27c: No. 3 white. 25 3 4@26' 4 c: No. 4 white. 24 3 4C. Rve—No sales Bariev—3s® 59c. Timothy—s2.2s'' 2.60. Clover—s7.2s'<i 10.75. TOLEDO CASH GRAIN TOLEDO. May 16.—Cash erain close' Grain in elevators, transit billing- Wheat —No. 2 red. 86®87c; No. 1 red. lc premium. Corn—No. 2 yellow, 49%®50%c Oats—No. 2 white, 29®30%c. Rve No. 2 60%®61%c. Track prices, 28%c rate. Wheat—No. 1 red. 82%®83c; No. 2 red 81 %® 82c. Corn—No. 2 yellow, 45®4fic : No. 3 yellow, 44®45c. Oats—No. 2 while 26%® 28c; No. 3 white, 26®27%c. Toledo seed close: Clover—Cash. $6.90; October $7. Alsike—Cash. $6.90; August. $7. Produce: Butter—Fancy creamery. 27c. Eggs —Extras. 12%®13c. Hay—Timothy, per cwt. $7. Bright Spots By United Press Tung-Sol Lamp Works, Inc., largest General Electric licensee, places its plant on full-time schedule to fill heavy orders. American metal market estimates steel output at 36 per cent against 35 per cent a week ago. Dun & Bradstreet, Ine., reports business defaults last week numbered 437, against 460 in previous week and 662 in like week last year. The Judson Mills of Greenville, S. C., increases wages of its 1,600 workers 10 per cent. Goodyear Tire & Rubber Cos. reports it has recalled 1,700 men since April 1. Missouri Pacific railroad reports freight loadings last week were 18,891 cars, against 18,628 cars in corresponding 1932 week. American one and Telegraph Company today declared the regular quarterly dividend of $2.25 a share on capital stock, payable July 15, of record Jue 20. CHICAGO FRUIT MARKET By l niled Press CHICAGO. May 17—Apples—Illinois Willow Twigs bushel, *1.40® 1.50; Winesaps bushel. *l® 1.25; Michigan Spies bushel. $1.25; Baldwins bushel, 90c®$1.

Anne of Cleves was chosen as his fourth wife, but soon was divorced. Catherine Howard, his fifth wife, was beheaded for infidelity, and Catherine Parr, his sixth wife, outlived him. Next—How large is the ice eap of Greenland?

Radio Dial Twisters

WFBM (1230) Indianapolis ilndiananoli* Pv*er and Lirht Cemonv) WEDNESDAY P M 5 30—Records 5 45—Polkadots 6 OO— Brown County Revelers 6 15—Modern m*le chorus CBS'. 6 30— Kate Smith CBS 6 45—Hot from Hollywood CBS 1 . 7 00—You're in the naw no 7:ls—Manhattan Serensders CBS 7:3o—Guv Lombardo with Burns and Allen i CBS i 8 on Waring s Pennsvlvanians CBS'. B:3o—Edwin C Hill CBS' 8 45—Ligh: onera gems iCBS 9 15— Little Jack Little 'CBS 9 30—Joe Havtnes orchestra 'CBS 10 00—Eddie Duchin orchestra CBS). 10 30—Ozzie Nelson orchestra CBS . 11 00—Atop the Ltdiana roof. 11 30—Tallvho club orchestra. 12:00 Midnight—Sign off. WKBF (1400) Indianapolis t Indianapolis Broadcasting. Inc.) WEDNESDAY P M 4:00—Ho-Po-Ne Club 4:3o—Tea Time Tunes. 4:4s—News flashes s:oo—Musical Menu. s:3o—Aunt Dessa and Uncle Connie. s:4s—Dinner Melodies. 6:oo—Knothole Gang. 6 15—Harrv Bason. 6:3o—Recordings 6.so—The Sport slight. 7 00—Devore Sisters 7:ls—Dick Green and his uke. 7:3o—Connie's orchestra. 8 00—Voice of ■Courage. 8 15—Orchestra and baritoM. B:3o—The Old Pathfinder. B:4s—Orchestra. 9:00-Happiness Parade 9:ls—Hoosier Melody Bovs 9:3o—De Satrtelle s orchestra. 9:4s—Art Berry s orchestra. 10:00—To be announced 10.15 Morrev Brennan s orchestra. 10:30 De Sautelle s orchestra 11:00—Morrev Brennan's orchestra. 11:30- Art Berry's orchestra. 11:45—Sign off. WLW (700) Cincinnati WEDNESDAY P. M. 4:oo—Waldorf-Astoria dance orchestra 'NBC'. 4:3o—Joe Emerson. 4:4s—Lowell Thomas 'NBC'. s:oo—Amos n' Andy 'NBC . s:ls—Gene and Glenn 5:30—80b Newhafl. 5:45 - Toy Band 6:oo—Crime Club i NBC >. 6:3o—Detectives Black and Blue. 6:4s—Chandu. the Magician. 7 00—To be announced. 7 30—Tony Cabooch 7:4s—Charlie Agnew’s dance orchestra 8:00—Corn Cob Pipe Club of Virginia 'NBC'. 8:30 Puddle Family. 8 45—Dance orchestra. 9:oo—Theater of the Air. 9:3o—Zero hour 10:00—College Inn orchestra 'NBC> 10:30 —Pennsylvania hotel orchestra 'NBC). 11:00 —Charlie Agnew s dance orchestra 11:30—Moon River. 12:00 Midnight—Buster Locke's dance orchestra. A. M. 12:30—Charlie Agnew s dance orchestra. 12:45—Moonev Bros. I:oo—Sign off.

The City in Brief

THURSDAY EVENTS Advertising Club, luncheon, Columbia Club. Engineering Society, 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. IHini Club, luncheon. Columbia Club. Real Estate Board, luncheon. Washington. Sigma Nu. luncheon. Washington. Indianapolis Conference of Bank Auditors, dinner, 6:30 p. m., Washington. Alliance Francaise. meeting. 8 p. m.. Washington. National convention of Omega Phi Delta fraternity will be held in Indianapolis Saturday and Sunday with Beta chapter of this city as host. Among chapters to be represented at the meeting will be three in Chicago, one in Cincinnati and three here. i Mrs. Lottie Cook, 1315 Polk street. will be hostess Thursday for the George H. Chapman drill team. Cevered dish luncheon will be served at noon. Business meeting and card party will be held in the afternoon. Summary of work completed in a daily vacation Bible school, at the Lyndhurst Baptist church, Lyndhurst drive and West Morris street, will be presented Friday night at 7:30 in the church. President Roosevelt's message to the world for avoidance of war was hailed as “a milestone on the road to peace,” by the members of the Indiana peace committee at the semi-annual meeting in the SpinkArms, Tuesday. Annual Boy Scout track and field meet will be held at Delavan Smith field at 1:30 p. m. June 3, F. O. Belzer. Scout executive, announced today. Eleven persons were to be arraigned today in municipal court on charges of failure to obtain city 1 truck licenses. Elmer Hartell, the Harrison, reported to police $45 was stolen from his room. Wallet and papers were recovered. Charles F. Hansen, organist of 'the Second Presbyterian church, assisted by Miss Esther H. Becker, vocal instructor at Indiana Central college, will present a program at the Brookside United Brethren church at 8 p. m. Friday. Service Post No. 128. American Legion, will hold a public benefit card party at 8 p. m. Friday in Legion hall at Oaklandon. Annual picnic of Boy Scout Troop 3 will be held Sunday at the Scout reservation. Luncheon will be served at 1. Eoys and their fathers will take part in games and contests during tne afternoon. Ralph Wilcox, state forester, is attending a conference in Louisville, Ky„ today where the use of forestry workers to repair flood erosion damage is being considered. Meeting of Richard C. Litz detachment of the United States Marine Corps League will be held Friday night at the English. Indianapolis Cash Grain —May 16— The bids for car lots of grain at the cal! of the Indianapolis Board of Trade, f. o. b. shipping point, basis 41’ic Ne>.v York rate, were: Wheat—Easy No. 1 red. 74 , 2®75* 2 c: No. 2 red. 13' 2<n ~V No 2 hard, 704/ lc. Corn —Easy: No. 3 white. 39®40c; No. 4 white, 38®.39c; No. 3 yellow. 37®;38c; No. 4 yellow. 3647 37c: No. 3 mixed. 36 r a 37c: No. 4 mixed. 354/ 36c. Oats —Easy No 2 white 2I i 2(a22' 2 c: No. 3 white. 20'2® 21 1 2 c. Hay—Steady: if. o. b. country points taking 23 1 2 c or less rates to Cincinnati or Louisville No 1 timothy. $5.50®6; No. 2 timothy, $5475.50. —lnspections Wheat—No. 2 red, 1 car. Total. 1 car. i Corn—No. 2 white. 3 cars; No. 3 white. 5 cars; No. 2 Yellow. 3 cars: No 3 Yellow. 4 car': No. 4 yellow, 3 car: No 3 mixed, 1 car No. 6 mixed. ! car. Total. 20 cars. Oats —No, 2 white. 1 car; No. 3 white. 6 cars. Total. 7 cars. INDIANAPOLIS WAGON WHEAT Citv grain eiesators paving 73c for No. 2 soft wheat. OtheT grades on their merits. Marriage Licenses Arthur Clinton Sedam. 19 of 229 North State aienue. contractor, and W r . Corean Brown, 18. of 1310 Lexington avenue, houseworker. Ivan Victor Davidson. 26. of 808 Main street. Broad Ripple, mechanic, and Loretta Lucille Derscn. 21. of 1001 North Tremont avenue Owen Edgar Day. 21. of 1135 Bacon street, dairyman, and Agnes Theresa Baker, 18. of 2329 ‘ 2 Shelby street.

PAGE 13

BANK REFORMS FIGHT BEGUN BY CHASE NATIONAL Board of Directors Cut in Half as First Move of Series. By I nitrd Press NEW YORK. May 17 —The Chase l National bank, world's largest bank. | ing institution Tuesday began making reforms which Winthrop W. Aldrich. prr.'Kleni. proposed in a j startling announcement early in March. At the time of the announcement | Aldrich, newJy selected head of the mammoth institution, said imestrnent banking and commercial banking should be separated and ! that great boards of directors should : be cut down to a more workable ! size. This was interpreted as anew | fight between the Rockefeller inter- ; rsts and J. P. Morgan for Chase is I known as the "Rockefeller bank’’ I while the house of Morgan combines j commercial and investment bank--1 ing. Directors Cut Down Tuesday there were two meetings of Chase stockholders. At the first the borad of directors was down i from seventy-two to thirty-six and among the directors resigning was Albert H. Wiggin, former head of the bank. At a meeting Tuesday afternoon of stockholders of Chase Securities Corporation, directors were cut down from thirty to ten —with Wiggin j again resigning—and the following ! proposals to make the Chase merely ! a comemrcial bank were approved: i That the charter of Chase Securities Corporation be amended so as ! to eliminate from its activities the business of distributing securities to the public. That Chase- Harris Forbes companies. a wholly owned subsidiary engaged in securities business, be placed in liquidation.

End Securities Business That the corporate name of Chase Securities Corporation be changed so as to eliminate "securities” and that the par \alue of the stock be cut from $5 to $1 thereby reducing the capital stock from $37,000,000 to $7,400,000. As soon as these proposals are put into effect the securities business of Chase National bank will be terminated. Chase Securities Corporation, however, will continue by identity to be affiliated with the Chase National bank. Activities of Chase Securities Corporation will be limited to holding i and administering its remaining in- ! vestments, including its investment c.f $21,200,000 in American Express ; Company until appropriate disposi--1 tion can be made of such invest- ; ments. In the Cotton Markets J CHICAGO —May 16High. Low Close. January 9 27 9 16 9.18 March 9 39 9 32 9.35 Mav 8.56 Jlllv 8 76 8 68 8.70 October 9 04 8 93 8.96 December 9.19 9 06 9.12 NEW YORK January 9 17 9 08 9 08 -March' 9 32 9 21 9.22 I May 8 58 8 48 8.48 i July 8.73 8.55 8.64 | October 8 97 8.84 8 86 December 9.12 9.00 9 02 NEW- ORLEANS •January 9.08 1 March 9.27 9.23 9.23 May 8.50 8 45 8.45 July 8.68 8.58 8.80 October 8.94 8 80 8.86 December 9.08 8 97 9.01 Other Livestock BY UNITED PRESS LAFAYETTE. Mav 17. Hoas —Steadv. 5a up. 200-225 lbs. $4.90: 225-300 lbs $4.35; 300-325 lbs.. $4.75: 170-200 lbs. $4.75: 150170 lbs $4.50: 130-150 lbs. $4 25: 100-130 ! lbs . $4; roughs. $4.50 down; top calves. $5. EAST BUFFALO. Mav 17—Hogs—On | sale, i.100: weights above 170 lbs . 25c over Tuesday's average: lighter weight rather slow, strong to 15c higher: bulk desirable 170 to 260 lbs.. $5.50; the highest since last August: few 270 to 300 lbs, I $54/5.25 medium weights and oualitw mostly 140 to 160 lbs.. $4,854/ 4 90. Cattla Receipts. 225: cows predominating; steadv to weak: cutter grades. $2 25® 2.75. Calves—Receipts. 200: vealers, unchanged. $6 down Sheep—Receipts. 100: onlv odds and ends offered: ail grades ouoted steadv; few common to medium clippers. $5.75; choice eligible around $6.75; good native spnngers $6 FT WAYNE Mav 17- Hogs--Seadv. 10 up- 160-tno lbs. $4 95 190-' , 50 lbs $5 05; "50-300 lbs. *4 95 300-350 lbs.. $4.85. 140’"O IT $4.6' ioo-’-'o ib" . $4.35: roughs. $4; stags. $2.75 Clipped lambs, $5.25- • pringerf. $7 Calve: $5.50: steers good 'o choice ss® 5.50: medium to good. $4,504/’ 5: rommon to medium $3.50® 4: heifers, good to choice $4.50® 5: medium to good. $44/ 4 50; common to medium s3® 4: cows, ecud trv choice s3®3 50 medium to good. $2.50473: cutter cows. $1754/2 25: earner cows. $1®1.50: bulls rood tn choice $34 1 3 25: medium to ecod. $2.50® 3 common - medium s2® 2.50 butcher bulls. $3.25®? 3.75. B>l Time* Vnrcinl LOUISVTLLE Mav 17 Cattle Rerinif 200. including two load; direct and two loads Stockers; slaughter ejasses in light supply, mostly steadv: bade common and medium steers end heife-s. $4 504,5 50; best lightweights ehgib'e, $6.25: bulk beef cows. $2 754/ 350 practical top $3 75 ’nw cutters and cutter cows $1.75® 2.50: bi lls. $3.50 down: stackers and feeders quotable steady: bulk lißht Stockers salable. $4.75®> 525 Cal’es—Receipts, 300: steadv: b"lk. good and choice vealers s4® 450 med urn and low.er grades. $3.50 down Hogs—Receipts 1.000 market, 5r higher; 185-275 lbs.. $5 275 lbs. up $4.60; 140-185 lbs.. $4 35: 140 lbs down. $3 45: bulk sews. $2.70; stags. $2 65/ Sheep—Receipts. 3.000; carlv trading steadv: bulk better. 65-85-lb. trucked in springers $7.25 to mostlv $7 50: run includes liberal ouota choice lung haul overnight and rail lambs at $7 75: buck lambs mostly $6 25® 6.50; best, $6 75; medium light springers and heavy kinds. $5,504/6; best old crop lambs. s4® 5: fat. eves, sl4/2; lightweights, $2 50, Tuesd v s receipts Cattle 60: ealves. 300 hog*. 838. and sheD 1.836. Tuesday's shipments: Calves. 90: hogs, 155. and sheep 1 317 Produce Markets Delivered in Indianapolis prices: Hens, heavv breeds over 4L lbs. 10c: L-ghorns. 8c Broilers: Colored Springers. 2to 2V* 1b3.. 17c: lt 2 to 2 lbs.. 14c: Springs iLeghorn! I' 2 lbs. up. 13c: Bareback*. 7c: Cox and stags 6c: Leghorn cov and Leghorn stags. 5c 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 egvs, 6c Each full egg case must weigh ; .bs. grot*: a deduction of 10c per ib tor each lb. under 55 lbs. gross will be made. Butterfat. 16c: No. 1 butter. 214/22c. 2’ rhPse orices are for heaithv r*ock ftwe from leed. no sick noultrv accepted Ouoted bv the Wadlew Company BY UNITED PRESS CHICAGO. May 17—Eggs Market, steadv. prices unchanged to ‘c lower receipts 32 355 cases: extra firsts 13 ! .®> firsts 13® 13 1 / *. current receipts, 12' 2 c dirties, U ! 2 c Bu’ter—Market, flrmer. prices unchanged to ; *c higher; receipt.'. 8.742 tubs, specials 23 ; 4®23 3 4C extra firsts. 22®22 ! c firsts 21®21 , 2 c; standards. 32’ c Poultry—Marker steady; receiprs 24 trucks; fowls, 12 1 2 ®l3c. springers 145 16c Leghorns, !2c: ducks 7@ 10 : 2 c geese. 7c; turkeys. 11514 c roorters. B'jc. broi'urs. 19523 c stags. 11c Cheese Tw ins 13' 2 ®14c Longhorns IJ J 4® U*4C. Potatoes -On track 274 arrivals. 75. .hipmen". 701 market steady to weak Wisconsin sacked Road Whites 60®.85c Idaho sacked Russets *132' 2 ®!40 Louisiana sacked Bliss Triumphs, slso® 175: sacked Bliss Triumphs $1 505 160 Texas sacked Bli'S Triumphs. $1 655 1.75 CLEVELAND. May 17—Butter—Market, firm; extras 26 J 4C. standards. 26' 2 c Egga Market, steadv: extras. 12®12' 2 c; current receipts 12®12' 2 7. Poultry Market, steady: heavv fowl, 61c; heavv broilers. 20 22c. No 2 chickens. 8c Leghorn Broilers. 16® 17c: ducks, 94? lie. turkeys. 15c; old roosters 8® 9c Potatoes-Michigan, New York, Ohio and Pennsylvania, 100-lb. sacks cobblers and Round Whites, U. 8 No. 1 and partly graded. 90cS$l. sacks a bushel, partly graded, 50S 65c.