Indianapolis Times, Volume 45, Number 6, Indianapolis, Marion County, 18 May 1933 — Page 13
MAY If*, 1933
STOCK SHARES SHOW GAINS IN LIGHT TRADING Leaders Move Up Following Uneven Trend at Opening.
Average Stock Prices
A rar(> of Ihlr'y industrial* for W*dnfsd • hfh 81 IK io 31 33 last 82 64 un 1 V A '■rat-!' of tventv rail* 38 34 37 52 37 >2 ;;r 1 64 Average of twenty utilities 29 90 28 41 28 67 un 11. Average of fortv bonds 81.54. un 51 in ELMER C. WALZER, Inited Pres* Financial Editor NEW YORK. May 18. Stocks opened irregular in a fractional area today with volume curtailed from Wednesday's pace of nearly 5,000,000 shares. Traders sold leading issues in the absence of further good news to bolster the market. However, offerings were of moderate size and recessions where’ they occurred were kept to fractions. Steel Common Dips Steel common dipped to 48%, off , and other steel issues eased moderately with it. American Telephone, Wednesday’s favorite, dipped % to 110 A on the first sale. Rails were up small amounts, and utilities rallied after a shakeout neaj the close Wednesday, when Standard Gas omitted its preferred dividend. Oil shares were steady to firm in the early dealings on expectation of government aid in the new industries bill. Aviation issues met favorable buying from pool sources. Automobile issue were about unchanged from the previous close. Utilities Rid l'p Utilities were bid up after the opening. American Telephone resumed its advance, crossing 111. Consolidated Gas firmed up to 54'*, up \\\ North American 26 '*, up *,, and Public Service 48, up %. Stone & Webster rose nearly a point to 15. Atchison opened at 61'i, up Vi, and then rose to 62, while Norfolk & Western made anew high for the year at 147. up'i, and New York Central was at 29, up*. Alcohol issues made small gains.
Bank Clearings
INDIANAPOLIS STATEMENT —Mav 18Clearings * $1,308,000.00 Debits 4,120 000.00 TREASURY STATEMENT —Mav 18Net balance for Mav $410.824 013 62 Expenditures 5,919.411.38 Customs reels., mo. to date . 11,265.098 67
Foreign Exchange
(Bv Abbott, Hopptn & Cos.) —May 18Open Sterling. England $3 90H Franc, France 0454'/a Lira, Italy 0602 Belgas Belgium 1612 Mark, Germany 2710 ■ Holland 4650 Peseta, Spain 0089 Krone, Norway 1990 Krone, Denmark . ,1745 New York Curb Market (By Abbott, Hoppin & Cos.) - May 17Close Close Alum Cos of Am 64H Imperial Oil ... 9H Am Be\ 2 5 s Inti Petrol 12 5 A Ct: Pr i L B 4 H Lone Star Gas.. 8 Am Cvan B .8 Mount Prod 4 Am Gas A- El.. 33'; Natl Bellas Hess 2' 2 Am Sup Pur ■4 , 4 Niag Hud Pur 11‘a Ark Nt Pur iA) l s Pan-Am Airways 38H A‘,o Gas iA> . l*a Pennroad 2 5 s Atlas Ut Corp.. 12 Pioneer Gold M 9 5 e Can Marc . l 5 St Regis Paper 3'j Bras Tr A- Lt.. 11'a Salt Creek Prod 4 r, a Cent Sts E 11.... 2'j Std Oil of Ind.. 24 7 Com Edison . . 65 Std Oil of Kv.. 13 s a Cord 9'a United Founders 1 5, Deere &Cos .... 17 United Gas .... 2*B El Bnd A- Sh.. 24 Un L & Pur (A) 4% Ford of Eng . 3 1 2 United Verde .. 3'4 Ford Mot Can.. 8H Util Pur & Lt.. 2‘b Hudson Bay M 7UI New York Bank Stocks Bv Abbott Hoppins & Cos. —May 17Bid. Ask. Bankers 58 3 * 59' 2 Central Hanover 126 128 Chase National 23 : U 24 Chemical 36'a 36 1 2 • Cltv National 27 3 27\ Corn Exchange 54'4 55 Contiental . 14'* 15 1 s First National 1,350 1,365 Guaranty 275 277 Irving 18' 18'i Manhotton At Cos 20 3 a 20 3 Manufacturers 15>t 15 ] 2
Investment Trust Shares
Bv Abbott. Hoppln Ar Cos. —Mav 18— Bid Ask American Bank Stocks Corp... 1 16 1 36 American Founders Corp. ... 100 200 American & General Sec. “A". 4 50 6 00 Basic Industry Shares .. ... 2 81 British Tvpe Inv. Tr. Sh 50 52 Collateral Trustee Shares A". 450 487 Corporate Trust Shares old■ .. 2.09 Corporate Trust Shares mewi. 2.10 2 17 Cumulative Trust Shares ... 3 55 Diversified Trust Shares "A".. 6 25 Diversified Trust Shares B . 700 725 Diversified Trust Shares “C".. 2.72 2 82 Diversified Trust Shares ‘'D**.. 4 47 4 57 First Insurance Stock Corp.... 1 85 2 60 First Common Slock Corp ... 127 1.45 Fixed Trust Oil Shales A ".. 760 780 Fixed Trust Oil Shares "B .. 622 632 Fundamental Tr. Shares ' A .. 3.75 3 85 Fundamental Tr Shares "B",. 3 50 3 60 Leaders of Industry "A” 2 00 Low Priced Shares 4.37 Mass Inves. Trust Shares 16 62 18 37 Nation Wide Securities 3 04 No. Amer. Tr. Shares i1953i... 1.71 No. Amer. Tr. Shares i55-56>.. 2 23 2,50 Selected American Shares 2 34 2 40 Selected Cumulative Shares... 6 18 6 30 Selected Income Shares 337 375 Std Amer Trust Shares 273 283 Super Amer. Trust Shares A 265 Trust Shaves of America 2.70 2 80 Trustee Std. Oil A . 410 430 Trustee Std Oil "B ' 360 380 U. S. Electric Light-Pwr A .13 50 Universal Trust Shares 2 68 2 78
In the Cotton Markets
Mav 17— CHICAGO January 9 33 9 19 9 37 Jul.v 8 88 8 72 8 75 October . . 9.15 8 96 9 03 December 9 28 9 12 9.20 NEW YORK January ...... 931 909 912 Mir-h 9 16 9.21 9 31 Mav ...8 68 8 60 8 60 July 8 86 8 62 8 66 October 9 11 8 84 8 84 December 9 15 9 00 9 11 NEW ORLEANS January 9 24 9 15 9 15 March 9 41 939 929 May 8 57 8 53 8 53 July ...881 8 59 8 69 October . 9 07 8 83 8 95 December 9 20 8 96 9.10 NEW YORK RAW SI GAR FI Tl RES —May 17— Htsh. Low, Close January 1 48 1 45 1 46 March 1 52 1 50 1 51 May 131 130 131 Julv 1 36 1 33 1 34 September 1 41 1 37 1 38 December 1 47 1 44 1 45 CHICAGO FRL'IT MARKET By Unit, and Prt ** CHICAGO. May 18 Annies Illinois Wil low TANARUS es bushel. *l4o*i!so: Winesaos bushel. Slb 1.25. Michigan Spies bushel SI 25: Baldwins bushel 90c<i$l We Offer Quarterly Income Shares Dividend Shares At Market T. P. BURKE & CO. Ini'<ir|tr ueil SUITE Vtt CIRCLE TOWER TUO.nl JKllrj 8536
New York Stocks ' ißy Abbott. Bobbin & CO.l ——————
-Mav 18— , Oili— Prev. High. Low 11 90 close I Amerada 38% 35% 36% 36* Alt Rfg 20 20% , Barnsdall 6 6 Consol OU ...... .. 8~ 8% Coni of Del ... 12 ir 11’. 12 Houston inewi 4% ‘4% Houston loldi.. .. ... ... 21% Indian Rfe .. • ... 2 Mid Cont Pet ... 9’* 9'i 9% 9, Ohio 0)1 9 ; . 9V Pet Corn * Phil!ld* Pet 11% I'' Pure Oil * *>; Bbd OU •• 29% | Shell Union ... 6% 6 ’ <?’♦ Simms Pet § ' I Skellev Oil ... . • • , *. , Soc Vac. .. 9’. 9% % 9% S Oof Ca! 3? 11 2?,* SO of Inri 25 24% 2v, 24’* | S O of N J 34 . 34% Run Oil • Texas Corn . IP. 1< % 13'2 li% Tidewater Assn Un Oil of Cai 13% j Am* HoTTmIHs .. 16 * 16'-, 16 1 a 15*4 | Beth Steel 27% 28 * 2<% 2Pa Bvers AM 20*4 21% Col Fuel A Iron 10% 10 j Cpic. S'ee] 29 3 Gulf Ste Steel 21 Inland Steel ■■ 29*. Ludlum Steel .... ... 12 11** MrKer*,nort Tin • •% Nwti Steel . . ■ 40 fo> Ren Iron A steel 15'* 15 15% 14% Ren Iron A Stl r> 32*4 32-4 32 * 32 U S Smelt 37' 2 37 Vanadium • 20- 20 * U S Pipe A Fdy. 13’* 13*4 13’* 13** | U S Steel 49 48% 49 49'* U S Steel pfd. 34*4 84% 84*4 86 Youngstown S-T. 23*4 23 A 23*4 23% Rails— A'chison 62 % 61'2 62'2 61 Atl Coast Line... 43% 42'* B A O 16*h 16 '4 16 s . 16 ' Can Par 13% 13% 13>4 13'* Ch A Ohio 36 35% 36 35% Chi A Gs W. 5% 5 C M A St P 354 3'2 C M A St P Pfd. ... ... s'a Chi N W 9*4 fl I '. 9* 9', Chi R Is! 8' 2 8* ' Chi It I 7'. pfd.. 12*a 12 Dela A Hud 64‘4 63*4 64% 64% Erie ... 9*. 9*4 Grt Northern 21 21 111 Central 21 'a 21*. 21'2 20’* K C Sou 13 % 14'2 Lou A Nash ... 45'2 44*4 MK A T ~ IP* IP. Mo Pac ... 3% 3'a Mo Pac pfd . 4*4 4*4 N Y Cent 29' 2 28’* 29" 28*. N Y Cent A St L 7'* N Y Ohi-St L pd in', 9% N Y Ont A Wes 12*4 13 Norfolk A Wes 147 146 * Nor Pac 22*, 22% 22*4 22** Penn R R 25 24% 25'* 24", Reading 40 Sou Pac . ... 23 Sou R R 15’* 15'2 15’* 15 5 * Sou R R pfd ... ... 20' 4 Union Pac 90'2 88** 90'2 88% Wabash ... ... 2*4 W Maryland).... lON 10% 10’* 10', Motors— Auburn ... 52*4 53 Chrysler .21'4 21 21V* 21 Gen Motors 23’* 23*4 23*, 23*4 Graham Mot ... 3'2 3'2 Hudson 7’* 7*4 7% 7 s * Hupp .. 4'4 4'* 4', 4‘* Mack Truck 32** 31*4 Mormon .. % % Nash 18'/* 17 s * 18'* 17 s * Packard 4’* 4*4 4’* 4’* Reo ... ... 4*4 Studebaker ... 4% 4’* Yellow Truck .. 6 s'* s’* s** Motor Access— Bendix 14 13*4 13% 13% Bohn Alum ... ... 26'* Borg Warner ... .. ... ... 12’* Briggs 8% 8 Budd Wheel . . .. 3 Eaton Mfg . ... 12*4 12** 12*4 12** Elec Auto Lite 19'a Mullins Mtg ... ... 7 Murray Body ...., ... .. 5 Stew Warner 6 1 2 6% Timken Rol 22*2 22% .Mining— Alaska Jun 14' 2 14** 14** 14' 4 Am Smelt .. 28’* 28% Anaconda .. 12 3 * 12’* Cal A Hecla ... 4*4 4% 4% 4 7 8 Cerro De Pasco.. .. ... 19’* 19% Granby ... .. 9** Gt Nor Ore . ... 11% 11** U'/a IP, Homestake Min. .. ... ... 196 Howe Sound 15’* Ins Copper 5 Int Nickel ... 13*4 Isl Creek Coal. ... 2P2 Kennecott Cop.. ... ... ... 17'* Miami Cop .... ... ... ... 4'4 Navada Cop ... B'2 Noranda Cop ... ... 24’* 24 5 * Phelps Dodge..,. .1. ... ... 11% Pitts Coal .1. .V> 13 12 Tobaccos — Am Snuff. ..*t -... 44% 44** Am Sum T0b.,1. •?$ ••• 12* 12*4 Am Tobacco A \ ... ... 78% Am Tobacco 8... .t. ... 80 s * 81% Cons Cigar ... 10 10;'* Gen Cigar ... 36'2 36% Ligg A Myers B. ... ... 82*4 82'4 Lorrillard ... ... 19 Reynolds Tob B. ... ... 39* 1 40 Equipments— Allis Chalmers... 15'* 14’* 15 15 Am Car A Fdy.. 16*, 16'2 18', 16*4 Am Loco 16% 16'a 16% 16'* Am Mach A Fdy ... ... 16' 2 16 s * Am Steel Fdv;... 13'* 13 Bald Loco B*4 B*a 8% B'2 Burroughs . . ... 13 Case J I. 61% 61'2 61** 61*, Cater Tract 15% 15‘a 15*, 15** Colgat Palm Peet ... ... 15’* 15*, Congoleum 12*, Elec Stor Bat... 39 1 * Foster Wheeler.. 16 15** 16'* 15'* Gen Am Tank Cr 27'* 26*, 27'* 27', Gen Elec 20'2 20% 20% 20** Gen R R Sig ... ... 33 Ingsol Rand ... 47 46% 47 46 Int Bus Mach ... . 122 Int Harrester 34'i 34 Kelvinator ... 9** 9 9 9's Nat! Cash Reg . 16*4 \ 16** 16*4 16 Proc A Gamble .. ... ... 39’* Pullman Inc 31 Simmons Bed. ll'a Und Elliot 25' 2 West Air B 24 s * Westingh Elec 38 1 * 38 W'orthington Pmp 25 25 Utilities— Am A For Pwr.. 11% U'i 11% 10% Am Power A Lit B’* 8% B’* 8' 2 A TAT Ill** 110% Ill's 110’* Am Wat Wks... 26% 25% 26** 25’, Brook Un Gas 79 77*, Col Gas A Elec.. 17*, 17% 17% 17% Col C A E pfd.. . . ... ... 74% Com A Sou 3*4- 3% 3’* 3 Consol Gas . .. 54*, 54% 54% 53’-. Elec Pwr A Lit.. B'* 8% 8% B’. Int Hydro Elec.. 6** 6% 6% 6’, Int TAT 13 12 1 2 13 12% Lou GAEA 18% Nat Pwr A Lit 14** 13% North Amer 26% 26% 26% 26% Pac G A E 25% 25% Pub Serv N J 48 47% So Cal Edison 21% 21** Std Gas 12% 12'2 12% 12'. Std Gas pfd... 16% 15* 4 15% 17% United Corn B’* B*4 B*4 B** Un Gas Imp 19 19 Ut Pwr A It A 4% 4*2 4’* 4' Western Union 42'4 42% Rubbers— Firestone 20% 20 20 19 7 * Goodrich 12% 12% 12'2 12% Goodyear 32 s , 32% 32% 32% U S Rubber. 9 9 U S Rubb nfd 20'2 20
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Amusements— Croslev Radio 8 Pox Thea 3% 3% Loews Inc ... ... 18% Radio Ccrp .... 7% 7% 7% 7% RKO 2% 2% Warner Bros 3', 3% Foods— Am Sugar ... ... 56% Armour A 6% 6'* 6% 6% Beatrice Cream ... 20% Borden Prod 33% Cal Packing ... 18% 18% Cana Dry G Ale 16 15% 15’* 15% Coca Cola 87% Cont Bak A 10’* 9’* Corn Prod 70% Crm of Wheat ... 32% Gen Foods .. 32% 32 % Gold Dust 21% 21% 21% 21% G W Sugar . .24 23% 24 23% Hershey ... ... 52 Int Salt 22 22% Loose Whies ... ... 38% Natl Biscuit ... 50% 50 Na'l D Prod 19% 20% Pet Milk 10 Purity Bak 18% 17% 18% 17% S Porto Rico Sug . 29 29 Std Brands .... 18% 18% 18% 18*. United Fruit ... 50% Ward Bak A . .. ... 7% 7** Wrigley ... 48 47 *2 Retail Stores — Asso Dry Goods. 13 12% 13 12** Best A Cos 21% Gimbel Bros . ; 3*2 3\ Gr Uh Tea 7% Hahn Dept Sts. .. ... 3% 3'* Jewel Tea 3% Kresge S S 10%, 10% Kroger Groc ... 28% 28’* Macy R H 55'* 55 May Dept St ... . 23% Mont Ward 22% 22** 22% 22% Penny J C 37% 37 Safeway St .. .. 50% 50 Sears Roebuck.. 27% 27% 27** 27** Woolworth ... 36*4 36% Aviation— Aviation Corp., 11% 11% Douglass Air ... ... 14% Curtiss Wright.. 3% 33 3% Curtiss Wright A s’* Nor Am Av ... ... 7% United Aircraft. 29% 29 29% 28% Chemicals— Air Reduction. .. ... ... 73% Allied Chem . . .102 100% 101% 101 *3 Am Com Alcohol 22% Col Carbon ... 55 56 Com Solvents ... ... 16% DuPont ... 64 V* 63% Freeport Tex ... 32 Liquid Carb ... ... 32 32% Northern Alkali. ~ ... ... 26'* Tex Gulf Sulph 26% 26% Union Carbide.. .. ... 35 35 U S Indus Alco .. ... ... 32% Drugs— Cotv Inc 5 4% 5 5 Drug Inc . . 47% 48 Lambert 34% 34% 34% 33% Lehn A Fink 18% 18% Zcnite Prod ... 5% 5% Financial— Adams Exp 8% 7’/* 7% 8 Allegheny Corn.. 2% 2 2% 2% Chesa Corp 29% 29% 29% 29% Transamerica ... 6 6 Tr Conti Corn.. 5% 5% 5% 5*4 Building— Am Radiator 11% Gen Asphalt.... 14% 14 14% 13% Int Cement 23 22% Johns Mar Wile ■ ■ 31** 31% 31% 31 Libby Owelio Gls 21% )21% 21% 21% Otis Elev ... 18% 17*4 Ulen Const ... ... 2% Miscellaneous— Am Bank Note.. 18% 18% 18% 18** Am Can 84% 81% 84% 82 Anchor Can ... ... 21% Brklvn Man Tr. . ~ ... 32% 31% Conti Can 55% 56% Eastman Kodak 72% Owens Bottle ... 70 71 Gillette . ... 13% 13** Glidden 11 10% 11 10** Gotham Silk 14 13** Indus Ravon .... 51% 51% 51% 51*2 Tnter-Rapid Tr. . .. ... ... 6% Real Silk Hose 14% 14
Daily Price Index
By United Prrss NEW YORK. Mav 17.—Dun &■ Bradstreet's daily weighted price index of 30 basic commodities, compiled for the United Press: (1930-1932 Average, 100) Today 98.71 Tuesday 88.80 Week ago 86.53 Month ago 75.44 Year ago 75 12 1933 High 'May 17) 98 71 1933 Low (Jan 201 67.86 (Copyright. 1933. bv Dun & Bradstreet, Inc.)
CHICAGO STOCKS
(Bv Abbott. Hoppin & Cos.) —Mav 17— High. Low'. Close. Bendix Aviation 14 13% 13% Borg-Warner 13% 12 3 * 12% Butler Bros 4% 4% 4Vi Cent & So West 2V* 1% 2Yt Chicago Yellow Cab ... 13 1 4 Cities Service .. 2% 2% 3% Commonwealth Edison. . 65 64% 64% Cord Corn 9% 9% . 9'i Electric Household ... 9% 8% B** Great Lakes Aircraft... *4 % % Grigsbv-Grunow 1% 1% 1% Houdaille-Hershev A .. 10'i Houdaille-Horshev 8... 4% 4% 4** Libbv-Mc.Neil 5% s** 5% Lvneh Corn 18% 18 18 Marshall Field '. 11% 11% 11** Middle West Utilities . . ... '* Noblltt-Snarks Ind Inc 17 16'i 17 Perfect Circle ... 20% Public Service N P .... 39% 31% 37% Quaker Oats 115 114% 115 Seaboard Utilities shar 1% % 1 Swift A- Cos 19% 18% 18% Swift Internacional.... 28% 26% 28 IT S Radio & Tel 13 12 12 Utility ft Ind 1% 1% 1% Utility ft Ind pfd 4 3% 3% Vort*x Cun Cos 7% 7% 7% Walgreen Cos com . .16% 16's 16% NEW YORK COFFEE FUTURES —May 17— RIO High. Low. Close. January ... 5.42 March 5.50 5.40 5.40 Mav .... 5.56 July 5.70 September 5 52 5 50 5.50 December 5.50 5.44 5.44 SANTOS January 7.67 March' 7.63 7.60 7.61 Mav 8.45 July 8.18 8.10 8.16 September 7.85 7.80 7.88 December . . 7.71 7.68 7.68 Adopt Uniform Barber Price Scale Uniform price scale was approved by East Side barber shop owners Wednesday night. North Side shop owners had approved uniform rates earlier in the week.
THE INDIANAPOLIS TIMES
HOGS HIT NEW SEASON'S TOP AT CITYYARDS Prices Range Up to $5.25 for Best Quality Porkers. Hogs broke through the top price of $5.05 established recently at the city yards and sold today for as high as $5.25, a figure not seen here since late last summer. The market in general was 15 cents above Wednesday's average, the bulk, 160 to 300 pounds, selling so $5.15. Small lots were held up to $5.20 and $5.25. Weights of 300 pounds up brought $5 to $5.10; 120 to 160 pounders sold for $4.60 to $4.94. Porker receipts were estimated at 9,000. Holdovers were 373. Slaughter classes were active and steady in the cattle market. Receipts numbered 1,000. Vealers were unchanged at $6 down. Calf receipts were 800. Early lamb trade was steady with a few clippers making the market at $6.75. Spring lambs sold for $6.50 to SB. Receipts were 700. Hog trading was slow at Chicago, with bids around 10 to 15 cents higher than Wednesday’s average. Good to choice porkers scaling from 200 to 250 pounds were bid in at $5.35 to $5.40. Receipts were estimated at 20,000, including 9.000 direct; holdovers, 1,000. Cattle receipts were 6,000; calves. 3,000; market strong. Sheep receipts numbered 12.000; market strong. HOGS May Bulk. Top. Receipts. 11. $4 351? 1.40 $4 40 6.000 12. 4.55<& 4.60 4.65 7.000 13. 4.7545 4.80 4.80 . 2,000 15. 5.004' 5.05 5.05 6.000 16. 4.954 5.00 5 00 7,000 17. 5.0047 5.05 5 05 8.000 18. 5.15@ 5.20 5.25 9,000 Market, higher. (140-160) Good and choice ... 4.80® 4.90 —Light Weights—--1160-1801 Good and choice 5.15 (180-200) Good and choice ... 5.15 —Medium Weights—-i2oo-220) Good and choice.... 5.1542 5.20 (220-250) Good and choice ... 5.154 5,20 —Heavy Weights—--1250-2901 Good and choice.... 5.1541 5.20 (290-3501 Good and choice.... 5.10® 5.15 —Packing Sows—(3so downl Good 4.35® 4.75 (350 upl Good 4.2545 4.50 (All weights! Mediuum 4.00@ 4.25 —Slaughter Pigs—-(llo-190) Good and choice.... CATTLE Receipts, 1,000; market, steady. (1.050-1,1001 Good and choice $ 5.50® 6.75 Common and medium 4.00(® 5.50 (1,100-1.5001-Good and choice 5.00® 6.75 Medium 4.00 ii 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 i Good ibeefi 2,75® 3.50 Cutter, common and medium.. 1.75® 2.75 VEALERS Receipts, 800; market, steady. Good and choice $ 5.50® 6.00 Medium 3.504/ 5.50 Cull and common 2.00® 3.50 —Calves—-(2so-500) Good and choice 3.50® 5.00 Common and medium 2.004 J 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, 700; market, steady. —Lambs, Shorn Basis—(9o lbs. down) Good & choice..s 6.50® 7.00 190-110 lbs. i Good and choice. 6.00® 6.75 (90 lbs. down i Com. and med. 4.00® 6.00 Spring lambs 6.50® 800 —Ewes— Good and choice 2.00® 3.00 Common and medium I.oo@ 2.00 Other Livestock BY UNITED PRESS CHICAGO May 18.—Hogs—Receipts. 20 - 000. including 9.000 d.rect; opening. 10® 15c higher than Wednesday; packing sows, steady; most later bids showing part of advance lost; early sales, 180-290 lbs., [email protected]; practical top. $3.45; part load, $5.50; packing sows, $4.50® 4.70: light lights, 140-160 lbs., good and choice. $4,75 $0.25; lightweights. 160-200 lbs., good and choice. ss® 5.40; medium weights, 200250 lbs., good and choice $5.30® 5.45; heavyweights, 250-350 lbs., good and choice, $5.20® 5.35; packing sows. 275-550 lbs., medium and good. $4.25®4.85; slaughter pigs. 100® 130 lbs., good and choice. $4.25®) 4.75. Cattle—Receipts. 6,000; calves, receipts. 3.000; general market fully steady, fairly active and in instances higher; rather plain illing quality considered; weghtv steers selling in line with comparable grades light offerings; early top on long yearlings and 1,375 lbs. steers being $7: medium weights held above $7; best light heifers, $6.25; several loady, $5,504/ 6.10: very few killing steers below $5: little in heifer run selling below $4.50; most fat steers, $5,354/6.50; slaughter cattle and vealers. steers, 550-900 lbs., good to choice. $5,754/7.50; 900-1,100 lbs., good and choice, $64/7.50; 1,100-1.300 lbs., good and choice, $6®7.50; 1.300-1,500 lbs., good and choice 55.75®7.25; 550-1.300 lbs., common and medium, $4,504/ 6; heifers 550-750 lbs., good and choice. $5,254/6 25; common and medium. $4.25® 5.25; cows, good, $3.75® 4.25; common and medium. $3,504/4.75; low cutter and culter. $2.25®3.50; bulls, vearluings excluded, good beef. $3.40® 4; cutter, common and medium. $2.75® 3.60: vealers good and choice. $5.75® 7; medium. ss® 5.75; cull and Compton. s3®s: Stocker and feeder cattle, steers. 500-1,050 lbs. good and choice. ss® 6.50: common and medium. s4® 5.75. Sheep—Receipts, 10.000; not established, few sales around steady; packers talking lower: good medium • eights clipped lambs, $6.5006.65: holding | t-cst around $6 85; native springers. s7® | 7.75; slaughter sheep and lambs, spring I’.mb. good and choice. $6 5047 8; medium, | i0.7506.50; lambs. 90 lb. down, good and choice. $6,754/6.90; common and medium. S 1.50® 6.50; 90-98 lb., good and choice 56.25® 6.85; 98-110 lb s. good and choice. $6®6.75; ewes. 90-150 lbs . good and choice, $2.25®3.25; all weights, common and medium. $1,[email protected]. EAST ST. LOUIS. 111.. Mav 18—Hogs— Receipts. 14.500; market, mostly 10c higher; nigs and sows sharing advance; top. $5.10 with some higher; bbulk 170280 lbs.. $54/5.10; 140-160 lbs.. $4,254/ 5; 100-130 lbs.. 53.25® 4; sows. $4.25®4.50. Cattle —Receipts. 2.300: calves. 2.200: market, active on all classes: steers, strong to 15c higher: mixed yearlings and heifers strong to 25c higher: cows. 10® 15c higher: bulls. 10c higher: vealers. 50c lower: nominal range slaughter steers, $4.25® 7.25: slaughter heifers. $4®6.50; ton, 934 lbs., steers, 56.85; other steers. $4,50 4/ 6 35: mixed yearlings and heifers. $5 504/6: beef cows. $3.25® 3.75: low cutters. s2® 2.50: sausage bulls. $3.35 down: god and choice vealers. $5.25. Slaughter steers. 550-1.100 lbs., good and choice. $5.75® 7.25: common and medium. $4.25® 5.75; 1.100-1.500 lbs., choice. $6.25 ®7: good. $5.750 6.50; medium. $5.25® 5.75. Sheep—Receipts, 2.000: market, steadv; better soring lambs. $7.50®7.75; buck lambs. $1 less: common throwouts. $5.50: desirable clipped lambs, scarce; fat ewes. $3 down: spring lambbs. choice. $7.25 ®7.75: good. $1.50®7.25: medium. $5,504/' 6.50: lambs. 90 lbs. down, good and choice. $6.15®6.75; common and medium. S4O 6.25: lambs. 90-98 lbs., good and choice. s6® 6.65; yearling wethers. 90-110 lbs., good and choice. $4.500 5; ewes. 90-150 lbs all weights common and medium. $1.25®2.25. Cleveland, May 18.—Hogs—Receipts. 1 600. holdovers. 25; steady to 15c higher; 160-300 lbs., $5.40; 150 lbs. down. $4 50® 4.75: rough sows, $3 75; few smooth. $4 and above. Cattle—Receipts. 150: active, generally strong to 25c higher, scattered medium to good steers under 1.000 ibs . $5.50®6.50; Tow cutter to medium cows around $2.250 3.75; saugsage bulls mostly $3.2503.75: calves, receipts. 350. largely steadv; bulk good to choice. 55.504J6: cull to medium. $3.5005 50; largely $405. Sheep—Receipts, 1.200; clipped lambs, weak to around 15c lower'; springers steady: sheep stronger; early bulk clipped lambs. $6.4006.50; $6.60 paid sparingly; throwouts. $4.500 5 50; good to choice spring lambs. 57.50®8 50; top ewes. $3. PITTSBURGH. May 18—Hogs—Receipts. ,50: market mostly 25c higher; 160-240 lbs., $5 5005 65: 250-300 lbs., $5 250 5 45; 130-160 lbs.. $5 0 5.50; packing sows. $3.50® 4. Cattle—Receipts. 25: market slow', steady to strong; medium to good steers and yearlings quoted ss® 6 2a; heifers. $4 2505 50; cows. s3®3 85: calves, receipts. 250: market, steady: good to choice vealers. SSO 6. Sheep—Receipts. 500: market, steadv: good to choice spring lambs, $7.500 8 50: shorn lambs, $6.35®7; aged wethers, s3® 3.50. EAST BUFFALO. May 18—Hogs—On sale. 700: weights above 170 lbs . 15c over Wednesday's average lighter weights rather slow; bulk desirable 170-250 lbs. $5.65; plainer kinds. $5 50 130-160 lbs . quoted $4.750 5.25. Cattle —Receipts. 150. mostly cows, barely steady: cutter grades, $2 2502 75; shelly descriptions downward to *2 and under; calves, receipts. 200; vealers active, strong to 50c higher; good to choice. $606.50: common and medium. $4.2505.50. Sheep—ReceiMs. 900; old crop lambs strong to 10c Ingher; good to choice. 6®6.75; medium to good. $6 25. strictly good Kentucky springers, $8; best held toward *8.75.
INDIANA STOCKS AND BONDS
The following quotations do not represent actual bias on offerings, but merely indicate thi? approximate market level based on buying and selling mauirlea oi recent transactions. —May 18STOCKS Bid. Ask. Belt Rail & Stock Yards com. 24% 29% Beit Rail A Stock Yds Dfd 6 * 45 50 Central Ind Power pfd 7% 8 11 Citizens Gas com 13 17 Citizens Gas Cos Dtd b' r 60 65 Home T & T Ft. Wayne pfd 7% 37 41 Ind A Mich Elec Cos pfd 7% 63 67 Ind Gen Service Cos pfd 6T... 51 56 Ind Hydro Elec Cos 7% 20 25 Indnls Gas Cos com : 40 45 Indols Pwr A Lt 6% 57 61 Indols Pwr A Lt Cos pfd 6%% 66 70 Indols Water Cos pfd 6%.. .87 95 No Ind Pub Ser Cos pfd 5% 1 32 36 No Ind Pub Ser Cos b - 34 38 No Ind Pub Ser Cos 7% Did.. 31% 35% Public Serv Cos of Ind nfd 6% 14% 19% Public Servos Ind pfd 7%.. 33 37 South Ind Gas A El pfd 6%. 50 55 Terre Haute Elec pfd 6%... 37 44 Citizens Gas Cos 5s 1942 75 80 BONDS Citizens Gas Cos 5s 1942 74 79 Komi, T A T W 5%S 1955 93% 97% Home T A T Ft W 6s 1943 94% 98% Indpis Gas Cos 5s 1952 66 69 Indols Rvs Inc 5s 1967 23% 28% Indpis Water Cos 5%s 1940 94% 98 IndDls Water Cos 5s 1952 94 99 Indpis Water Cos 5s 1960 89 93 IndDls Water Cos 5s 1970 89 93 Indols Water Cos 5%s 1953... 96% 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 Haute Water W'k 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 5% 44% 48% Burlington 5% 32 35 California 5% 52 5d •Chicago 5% 20% 23% Dallas 5% 49% 53% Denver 5% 48% 52% Des Moines 5% 40 42 First Carolina 571, 28 32 First Ft Wavne 5%, 47 51 First Montgomery s'e 34% 38% First New' Orleans 579 36% 40% First Texas 579 43 47 First Tr Chicago 5% 49 52 Fletcher 5T 64 69 Fremont 5% 44 48 Greenbrier 5% 58 62 Greensboro 5% 43 47 Illinois Monticello 579 56 61 iilinois-Midwest 579 39 43 Indianapolis 579 74 78 lowa 5% 50 54 Kentucky 5% 59 63 Lafavtte 5% .. 47% 55% Lincoln 5'9 45 48 Louisville 5 r 9 50 54 Marvland-Virginia 5% 60 65 Mississippi 5% 43 45 New York 5% 46 50 North Carolina 5% 39% 42% Oregon Washington 579 34 38 Pacific Portland 5 r 9 41 45 Pacific Sait Lake SG, 44 48 Pacific San Francisco 5'9.... 44% 48% Pennsylvania 54 60 Phoenix 5 r 9 64 68 Potomac 579 45 49 •St, Louis 579 17 20 San Antonio 50 49% 53% •Southern Minnesota 5% 13 16 Southwest 5% 39 43 Tennessee 579 43 45 Union Detroit 5 r 9 44 47 Union Louisville 5T 51 54 Virginia Carolina 579 .. 43 47 Virginian 5% 48 53 •Flat. BUSINESS BLOCK SOLD Two-Story Building Will Be Used By Jungclaus Company. Sale of the business block at the northeast corner of Massachusetts avenue and St. Clair street by Mrs. Rose Kessler, owner, to Mr. and Mrs. Fred W. Jungclaus was announced today by the W. A. Brennan Realty Company. Junglcaus, president of William P. Jungclaus Company, general building contractors, 825 Massachusetts avenue, said the two-story brick and concrete building will be used in his business. It has a frontage of 125 feet on Massachusetts avenue and 265 feet on St. Clair street. Four frame houses are on the St. Clair street side. Births Bovs Charles and Katherine Musser. Methodist. hospital. Ralph and Louise Carev. Methodist hospital. Beniamin and JeaT.ette Perlman. Methodist hospital. Oliver and Marv Wood. 4905 Brookville road. Charles and Thelma Smock. 1154 Olive. Charles and Edna Perrin. St. Vincent's hospital. Girls Theodore and Zella Dvkhuizzen. Methodist hospital. Fred and Mildred Woodard. Methodist hospital. George and Christine Collins. Methodist hospital. Perry and Gladys Wefler. Methodist hospital. Charles and Mabel Gipson. St. Vincent's hospital. Alfred and Helen Prestel. St, Vincent's hospital. Leslie and Virginia Fox. 902 Marion. Wilmer and Amy Pearson. 1224 North Dearborn. Deaths Jean Dinwiddle. 6. Rilev hospital, acute encephalitis. James W. Thomas. 49. 205 North Traub. chronic myocarditis. Emma Elizabeth Flowers. 47. St. Vincent's hospital, thyrotoxicosis. Edward Druellinger. 58. 823 Broadway, angina pectoris. Marv Elizabeth Brown. 77. 1403 Comer, chronic myocarditis. William Sagalowskv. 45. St, Vincent's hospital, coronary thrombobsis. John Healey. 41. city hospital, fractured skull. Christopher Hinkle. 84. 44 South Bolton. cerebral hemorrhage. Ebenezer Wesiev Minton. 60. 812 Prospect cerebral hemorrhage. Ethel D. Faucett. 34. St. Vincent's hospital. acuve toxic goiter. Luther Kurtz. 34. 3701 Highland, cardio vascular disease. John V. Weber. 76. of 326 North Oakland avenue, cirrhosis of the liver. Approve ‘Agreed’ Rates Agreed electric rates by the Northern Indiana Power Company were approved today in thirty-three small towns and communities.
- THIS CURIOUS WORLD - '
GQEENIAiCt WITH THE EXCEPTION OF > NARROW COASTAL STRIP? IS COVERED WITH A COAT OF ICE S,OOO fiEETTH, ex'./ THIS ENORMOUS ICE-CAP IS ABOUT IS'OO MILES LONG AND—--630 MILES WIDE. OfVING BEETLES OROWN MUCH MORE QUICKLY THAN ANTS, INSECTS fkjM£ THAT ORDINARILY J SHUNWATEP2.. E mm, Mf7[ jf WOMAN ANIMAL TRAINER*, ® \ /\) * ///J WHO PLAYFULLY HANDLES DANGEROUS \ S INDIAN IS AFRAID / <yr GATS/ it. / /S t*
The great ice cap of Greenland covers an area of about 700,000 square miles. It is this ice which yearly forms the major portion of the world's glaciers. Should the ice of Greenland and Antarctica
WEATHER NEWS SENDS FUTURE HARKFT HIGHER Continued Rains Over Corn Belt Hold Prices Up. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO. May 18—Deferred deliveries of corn advanced % to \ cent on the Board of Trade today as a result of the prolonged period of precipitation that has existed over the corn belt and gives no indication of passing. May was unchanged. Trading was light with scattered buying orders sufficient to advance prices as offerings were scarce. Wheat was % cent lower to 1 % cents higher in an unsteady start. Cables were firm, reporting a better demand and returning confidence. Stocks were steady. Oats was % to H cent higher and rye was unchanged to U cent higher. Provisions were firm with September lard up 10 to 12 points at $7.10 to $7.12, anew high since 1931. Liverpool again was stronger than expected and a good advance in sterling left the market \ to 1 cent higher in American funds at midafternoon. Locals are not inclined to buy as they feel prices have advanced sufficiently to discount all bullish advices. Weather continues unsettled in the corn belt and while the acreage indicated is the largest in nearly 30 years, nearly 25 per cent is in the area of excessive moisture. Much of the oats crop in the lowlands of Illinois and the Ohio Valley is being damaged. Chicago Primary Receipts —May 17Wheat 780,000 Corn 795,000 Oats 302,000 Chicago Futures Range —Mav 18WHEAT— prey. High. Low. 10:00. close. July 74% .73*4 .74% .73% Sept 75*2 .75 .75% .75% Dec 77*4 .77% .77*4 .77** CORN— July 47% .46% .47% .46% Sept 49% .48% .49V* .48% Dec .50% .50% .50% .49% OATS— July 26% .26% .26% .26 Sept .26% .26% .26% .26% RYE— July ..I .58% .57% 58 .57'* Sept 59 .58 .58% .37% BARLEY—- ! July 37% .37 .37% .37 Sept .. .. .38% CHICAGO CASH GRAIN By United Press CHICAGO. Mav 17.—Cash grain close: Wheat—No. 2 red. 82c; No. 2 hard. 73 3 *c; sample hard. 71', 4 c. orn—No. 2 mixed 45 U® 46c: No. 3 mixed. 44%c; No. 4 mixed 43 3 *c: No. 5 mixed. 43' 4 c; No. 6 mixed. 43%c: No. 2 yellow. 45%®46c; No. 3 yellow. 44®44%c; No. 4 yellow, 43*4®44cc No. 5 yellow. 43%c; No. 6 yellow, 42%® 42%c: No. 2 white. 46%®46%c: No. 4 white. 43 3 4® 44c; No. 6 white. 43c: sample grade, 34®37cc. Oats—No. 2 white. 26% ®27c: No. 3 white. 25%®26%c: No 4 white. 24’,* ® 25c Rve—No. 1. 59 v*c. Barlev—3s® 60c, Timothy—s2.2s®2.6o. Clover [email protected]. TOLEDO CASH GRAIN By United Press TOLEDO, May 17.—Cash grain close: Gram in elevators, transit billing: Wheat No. 2 red. 86%®87%c: No. 1 red. lc premium. Corn—No. 2 yellow. 50® 51c Oats—No. 2 white. 29%®30%c Rve—No 2, 62®63c. Track prices. 28%c rateWheat—No. 1 red. 83® 84c: No. 2 red 82 ®B3c. Corn—No. 2 yellow. 45 %®46c; No 3 yellow 44%@45%c. Oats—No. 2 white *6%®2Bc; No. 3 white, 26®27c. Toledo seed close: Clover—Cash. $7.50; October. *7.50. Alsike—Cash. $6.90: Auguust. *7 Toledo produce close: Butter—Fancy creamers'. 27c. Eggs—Extras. 12®12%c Hay—Timothy, per cwt. $7.07.
Indianapolis Cash Grain
—May 17— The bids for car lots of grain at the call of the Indianapolis Board of Trade f. o. b.. shipping point, basis 41 %c New York rate, were: Wheat—Strong: No. 1 red. 75®7£c: No. 2 red. 74®75c; No. 2 hard. 710.721 Corn—Strong: No. 3 white. 39%® 40%c; No. 4 white. 38%®39%c; No 3 yellow. 32%®38%c; No. 4 yellow, 36%®37'2c: No 3 mixed, 36®37c; No. 4 mixed. 35®36c. Oats—Steady: No. 2 white,' 21%®22%c; No. 3 white. 20%®21%c Hay—Steady: (f. o. b. country points taking 23%c or less rates to Cincinnati or Louisville). No. 1 timothy, $5.5006No. 2 timothy, ss® 5.50. • —lnspections— Wheat—No. 1 red, 1 car: No. 2 red 1 car; No. 2 hard. 1 car. Total, 3 cars. Corn—No. 2 white, 1 car; No. 3 white. 4 cars; No. 4 white. 1 car; No 2 yellow, 2 cars; No. 3 yellow 4 cars; No. 4 yellow. 5 cars; No. 5 yellow, 2 cars; No. 6 yellow. 1 car. Total. 20 cars. Oats—No. 2 white, 3 cars; No. 3 white, 17 cars; No. 4 white. 1 car. Total, 21 cars. INDIANAPOLIS WAGON WHEAT Citv grain elevators paving 74c for No. 2 soft wheat. Other grades on their merits. TEN PER CENT DISCOUNT on all cash ads placed at Want Ad Headquarters, 214 West Marylandstreet. Only 3 cents a word less discount.
melt, it is estimated that the levels of the oceans would rise 150 feet, and destroy our great seaport towns. flL_ Next: What led to the discor* try of galvanic electricity?
The City in Brief
FRIDAY' EVENTS Exchange Club annual outin;. after- , noon and night Clarence Merrill home. I Optimist Club luncheon. Columbia , Club Sahara Grotto luncheon. Grptto Club. Altrusa Club dinner, 6:30 p. m., Co- | lumbia Club. Reserve Officers Association luncheon, ) Board of Trade. Phi Delta Theta luncheon, Columbia { Club. Delta Tau Delta luftcheon, Columbia Club. Kappa Sigma dinner. 6.30 p. m, W ashington. Harvard Club luncheon. Lincoln Royal Jesters luncheon, Washington. Albert Schell, 5, of 1143 l dell street, bit his tongue so severely today when he fell while playing at his home that it was necessary to take him to city hospital. The Chrisian Restoration Association of Cincinnati. 0., will hold a restoration rally in the Englewood Christian church, 37 North Rural street, tonight and Thurs- j day. Mrs. Rebecca Brandt, 84. of 1019 West McCarty street, a cripple, suffered a gash over her right eye i Wednesday when she lost control of her crutches and fell at Capitol avenue and Wilkins street. Patriotic Order of America will meet Friday night at Druids hall. 29% South Delaware street, to arrange for a union meeting. Charles Dugan, 26, of 33 North Tacoma avenue, was arrested by police Wednesday on a vagrancy charge after an automobile he was driving crashed into a bridge at Kessler boulevard and Spring Mill road. The car had but one license plate, which police say Dugan admitted he had stolen. Hoosier post and auxiliary, Veterans, of Foreign Wars, will give a card party from 7 to 9 Friday night at the United States veterans’ hospital. Mrs. C. McCormick, 4041 Washington boulevard, incurred severe burns on the right hand today when gasoline she was using to clean curtains was ignited. “Peek-a-Boo,” a three-act comedy, under direction of Mrs. Iva Thomas, will be presented by the Dramatic club of Brookside school 50 Friday in the school auditorium. The Brown County Revelers will play between acts. Readjustments in costs and courses Indiana university trustees are putting into effect next fall were outlined today in a talk to the Technical high school senior class by Professor R. E. Cavanaugh, director of Indiana university extension division. Clothing and other articles valued at approximately SSO were stolen Wednesday night from the home of Mr. and Mrs. George Updike. Arrested on charges of burglary and petit larceny, Orville Staggs, 16, of 2735 School street, and/Clifford Firestone, 19, confessed Wednesday night to theft of sl4 from a grocery till, according to detectives. Theft of jewelry valued at $l6O from a dresser drawer in her home was reported to police today by Mrs. G. E. Claffey, 4011 Winthrop avenue. Probate Judge Smiley Chambers was the speaker Wednesday night at the meeting of the Second Ward Democratic club, explaining the purpose of the special election, June 6, on the rejection or retention of the eighteenth amendment. Criminal Judge Frank P. Baker also was a speaker. Second entertainment of a series presented by the auxiliary to the Firemen's Association for benefit of the order's milk fund, will be given Saturday night at Christian park community house on English avenue. Mrs. George Ream is in charge of the event.
Produce Markets
Delivered In Indianapolis nrioes: Hens heavy breeds over iVa Ids. 10c; Leghorns. Bc. Broilers; Colored Springers. 2 to 2V2 lbs.. 17c: 1'.2 to 2 lbs., 14c; Springs (Leghorn) l'/j lbs. ud. 13c; Barebacks. 7c: Cox and stags. 6c; Leghorn cov and Leghorn stags, sc. Ducks, large white full feathered and fat: over 4 lbs.. 7c; small and colored. sc. Geese, full feathered and fat. sc. Young Guineas. 20c: old Guineas. 15c. Eggs—No. 1 fresh country run eggs. 10c; Juliet eggs. 6c. Each full egg case must weigh 55 lbs. gross: a deduction ol 10c per lb. for each lb. under 55 lb*, gross will be made. Butterfat. 16c: No. 1 butter. 214/22c. These prices are for healthv stock free from feed, no sick poultry accepted. Quoted bv the Wadlev Company. BY UNITED PRESS CHICAGO. Mav 18 —Etes—Market, unsettled: prices unchanged to He lower: receipts. 36.870 cases: extra firsts. 13k,4/. 13Hc: firsts. 12 3 ,47 l3Hc: current receipts. 12*2C: dirties, llhc. Butter—Market, firm: prices unchanged to He higher; receipts. 11 638 tubs: specials. 23U623 3 4C; extras. 22 3 4c: extra firsts. 22®22Hc: firsts. 21U4/ 21 3 4c; seconds. 19620' 2 c: standards. 22Hc. Poultry—Market, unsettled, receipts. 41 trucks: fowls. 12 l 2'ST3c: springers. 14 "a 16c; Leghorns. 12c: ducks. 74/11c; geese. 6c; turkeys. M'S 14c: roosters. Bc, broilers. 194?22c: stags. 11c. Cheese—Twins. 13 1 2® 14c: Longhorns. 13H4/ 14Hc. Potatoes— On track. 260: arrivals. Ill; shipments. 718: market firm, steady to weak: Wisconsin sacked round whites. 603 70c: Idaho sacked Russets. *l.37>i@ 1 45; Louisiana and Texas and sacked Bliss Triumnhs. SI. 60 31.75: Alabama sacked Bliss Triumphs. $1.5045 4.60. Other Livestock BY UNITED PRESS FT WAYNE, May 13— Hogs— 10-15 c up; 100140 lbs $4.45; 140-160 ibs . $4.80, 160190 lbs. $3 10: 190-250 lbs . $5.20; 250-300 lbs.. $5.10: 300-350 lb*.. $5; roughs. $4.25; stags. $3. Clipped lambs. $5.25; springers. $6.50 ijfr. Calves. $5.50; steers, good to choice, $54i5.50; medium to good. $4,504/5; common to medium, $3 504/4. heifers, good to choice. $4,504/5; medium to good, $445 4.50; common to medium, $34/4; cows, good to choirs 536 350 medium to good. $2.50 4/3; cutter cows. $1.75452.25; canner cows. sl4/2 25; bulls good to choice. $34(3 25; medium to good. $2.5045 3: common to medium. $24/2.30; butcher bulls. $3.254/3.75 . LAFAYETTE. May 18 Hogs— 15-20 c up: 200-225 lbs . $5.05: 225-300 lbs.. $5; 300-325 lbs.. $4.90; 170-200 ibs . $4.95: 150-170 lbs.. $4.70: 130-150 lbs.. $4.45; 100-130 lbs.. 34 25; roughs. $4.50 down. Top calves, $5. Wooled lamos. $5; spring lambs, $6. CINCINNATI. Mav 18.—Hoes Receipts 5.200: 996 direct and through, 180 held over: earlv moderately active on 170 lbs. up mostly 10c higher, lighter weights and sows steadv: too and bbulk. good to choice. 170-300 Ibs. $5 35. 150-170 ibs mostlv $4 754/ 5: 130-150 lbs $4 354/ 4 60; sows, 53.50U4. Cattle—Receipts, 225. calves, receipts. 600: active: 150-170 lbs. mostly $4 75455. 130-150 ibs. $4 weights and sow s. S3 504/4 Cattle—Receipts. 225: calves, receipts 600: active, most classes strong to a shade higher; vealers steadv to strong, steers and heifers. mostlv odd lots at toll 6: beef cow s. $3 256 4. low cutters and cutters. *24/3: bulls. 334/3 75: good to choice vealers. $4.50 45 5.50: common to medium. $36 4. Sheep —Receip’s. 2 200: mostlv steadv: bulk better grade spring lambsb. S’.SO'iS: plainer grades mostlv *5.5045 6: buck lambs at around $1 discount: other clases scarce: small lot of old cron shorn lambs. $5.75; aeed fat ewes mostlv $162. By Timet Special LOUISVILLE Mav 18.—Cattle —Receipts. 200: including one load direct and several loads stockers. salable; supply light, market active and fullv steadv to strong: bulk common and medium steers and heifers, auotable. $4.506 5.50: good lichtweights eligible $6 25; bbulk beef cows $2 7545 3 50: good kinds to $4: low cutters and cutters. $1,754/2.50: bulls. $3 50 down; most light stockers salable. $4.756 5 25. Calves—Receipts. 325. steadv: bulk better vealers $4 4/4.50: medium and lower grades. $3 50 down. Hogs—Receipts. 1.100; 15c higher; 185-275 lbs.. $5.15: 275 lbs. up. $4 75: 140185 lbs . $4.50: 140 lbs. down $3.60; sow s $3.85 stags. $2 80. Sheep—Receipts 2 500. no earlv trading buyers: generally talking weak, with sellers holding fullv steadv I to strong bulk better trucked in springers: Wednesday $7.50. liberal auota choice long haul and rail lambs. *7.756 8 25: old crop lambs mostlv *46 3; fat ewes. $1(6.2: best lightweights. $2 50. Wedrs§sdav’s receipts. 184 cattle: 437 calves: 1.322 hogs and 2.356 sheeD. Wednesday s shipments —No cattle; 172 calves; 302 hogs and 2.189 sheen.
PAGE 13
UNPAID WATER BILLS USED TO HIKE VALUATION Deputy Attorney-General Bares Alleged 'Padding’ in Rate Hearing. Water consumers of Indianapolis are bemg asked to pay rates based on a valuation including $288,000 in unpaid water bills of the civil city, it was developed during hearing of the water company's federal court suit for higher rates. Testimony of George W Fuller, New York consulting engineer, Wednesday, revealed that, his appraisals. ranging as high as nearly $30,000,000, included the city's unpaid bill in working capital. Strenuous objections to including this item in the rate-making valuation were presented by Hufsmith, who charged the water company is supposed to collect 8 per cent interest on the bill from the city. Wants Lower “Going Value'' Fuller's “going value" item of $2,600,000, which is approximately 10 per cent of his reconstruction new appraisal, was under fire by Hufsmith most of the day Wednesday. This figure was obtained, he said, by estimating operating costs while the companys plant, theoretically, was being reproduced and "tuned up." Hufsmith brought out that the company is losing customers now instead of adding new ones, as one of the reasons why going value should be reduced. Cost of labor for the hypothetical reproduction of the plant brought on an extended controversy between Hufsmith and the witness, who had allowed 35 cents an hour for common labor. “Distress Labor” Expensive "Don’t you know that you can get : all the common labor you want ! right now, including some college graduates, for i lot less than 35 cents an hour?" Hufsmith asked "Those are distress prices,” Fuiler | replied. "These are, distress times, aren't , they?" Hufsmith countered. ! "I only know what other utility firms and contractors pay for labor here,” Fuller said. “Most distress labor is not cheap even at lower prices, because the men are not accustomed to such work.” Attempt to prove that the Oaklandon reservoir project is not necessary, and should not be included in the water company’s valuation for rate-making purposes was begun in today's session. The attack was launched by Hufsmith, in continuing cross-examina-tion of Fuller. Hufsmith sought to show* the company now has an adequate water supply from White river and wells, with Fall creek as an emergency supply. The witness admitted the company has a possible 75.000.000-gailon daily supply under favorable conditions, without tapping Fall creek, which would supply an additional \ 15.000.000 gallons. Creek Nat Used Regularly Fall creek, he testified, has not been used regularly as a water supply since 1916. Peak average daily consumption experienced by the company was ! 55,670.000 gallons in August, 1930. he said, with a normal average considerably below this figure. In event of increase in demand. Fuller said, the company would have to have additional filters and remove pollution from Fall creek. The present filter beds, he said, have a daily capacit yof 45,000,00 gallons. This does not include well water, .which does not have to be filtered. The hearing was to be recessed late today until Monday. SHOE STORE TO OPEN Clyde Gobert to Manage Shop at 30 North Pennsylvania. J. C. Youns, veteran city shoe merchant, announced today he has taken a three-year lease on the first and second floor and basement of 30 North Pennsylvania street and will open a family shoe store there. Clyde Gobert will be manager. He will install anew modern front to the store, and include the latest type of shoe fixtures. ANNOUNCEMENTS 1 Death Notices CASH ELMER N.—Husband of Ella Cash, father of Claude and Clarence Cash, brother of Harvev Cash of Union Cltv, Ind. oassed awav at Hines hospital at Hines. 111., Wednesday. Mav 17. 1933: aee 54 years Friends may view remains anv time after 6 p. m. Thursday at his home 1322 S. Richland Services from. Blaine Ave. M. E. hurch. Friday. 2 p. m. Burial Floral Park Friends invited. 'Mooreaville papers pleas° copv.i DICKSON, CHRISTENA M.—Age 51; beloved wife oi Arthur B : mother of John T. and Mrs. VVUIa Putt; sister of Emil TANARUS., Tony and Mrs! Jacob J. Memmer. passed awav Wednesday morning. Services at FLANNER & BUCHANAN MORTUARY Friday. 3:30 p. m. Friends invited. Cremation. Friends may cal! at the mortuary Thursday evening. NEWBY. HARRY B.—Age 66. son of Mrs. Anna Newby, beloved husband of Mrs. Mattie Newby, father of Robert M, Harry B . Jr and Herbert deceased; brother of Mrs H S Ratliff and Mrs. F O Smith and Charles R. Newbv of Venice. Cai. passed away Wednesday at his home in Milwaukee Ser'ices Friday. 2 p. m. at the FLANNER 8c BUCHANAN MORTUARY. Friends invited Burial '.Vashing’on Park RI FF. LOUlSE—Beloved mother of Erma Smith and Helen Line, passed away Thursday May 18. at her home seven miles south of city on Bluff road. Funeral Saturday Mav 20. 2 p m. from Center church. Burial Round Hill cemetery SECRIST. WILLIAM H.—Beloved husband of Annie Secrist fa’her of V/ilham H Secrist Jr Mrs. Felix Blankenbaker of Terre Haute: brother of George H Secrist. of Indianapolis, and Miss Nellie Secrist of Phi'adeiphia Pa . passed awav Wednesday. Mav 17 Funeral Saturday. Mav 20 10 a m from the home of his son. 64 S. Dearborn St. Burial Crown Hill. Friends invited. MEYEP. <v MONTAGUE SERVICE Deceased was a member of Division No. 103 Order of Railway Conductors. SHERMAN. EMMA—Age 74 years, beloved mother of Mrs. Edward Workman. Harry and Rov Shertr.an. Passed away Thursday morning. Funeral from the residence of her daughter Mrs Workman. 3649 W Michigan St . Saturday. 2 p, m. Friends invited. Burial. Mt. Jackson. Fr:eftds may call at the residence after noon Friday CONKLE SERVICE VERMILLION. ERNEST N.—Beloved husband of Mrs. Sallie E. Vermillion and father of Mrs. Louise Matrox, passed awav at his home. 1322 Cruft St., Tuesday evening. Services at the residence. Fridav. 2 p. m. Friends invited. Burial Washington Parle. (Greencastie papers please copy. I WRIGHT. ARTHUR L.—Beloved husband of Marie brother of Dr. F M. Wright. William L. Wright. M E Wright of Kokomo and Dr F. N Wright of Stilesvllle. passed away Wednesday Service at THE FLANNER & BUCHANAN MORTUARY Saturday 2 p. ns Friends Invited Burial Crown Hill. 3 Funeral Directors, Florists W. T. BLASENGYM Main office. 2226 Shelby St. Branch office 1634 W. Morris JQR.-2570.
