Indianapolis Times, Volume 45, Number 239, Indianapolis, Marion County, 14 February 1934 — Page 12

PAGE 12

Wall Street Right Wing Adherents Run Out On Their Leaders — Many Now Favor Administration Plans. BY RALPH HENDERSHOT Time. Special Financial Write* Those who took up the fight for the so-called right wing element in Wall Street and elsewhere would seem to have had a rather snide trick played on them. Those they sought to protect are rapidly deserting their ranks. It is not known definitely, of course, whether this protection was solicited, but there have been fairly strong indications that such was the case. It is possible, though, that the protectors took the burden upon themselves, trusting to luck for their just reward. At any rate, some rather important people have come out recently as strongly in favor of the administration and its economic policies.

Robert E. Christie, Jr., president of the Investment Bankers Assn., made it plain recently that he felt the President had done an excellent job, and in an address last week in California, W. A. Irvin, president of the United states Steel Corp., said the steel industry has entered wholeheartedly into support of the national recovery. “We believe the President is making a splendid and courageous effort to bring about industrial recovery.’ Mr. Irvin said, “and we are giving him every co-operation within our power to that end.” • •a Budd Favors the Securities Act. Edward O. Budd, president of the Edward G. Budd Manufacturing Cos., also came out strongly for the administration last week. He branded as untrue the implication that because he had refused to agree to anew election of employe representatives that he was not in sympathy with the NRA. He went a step further and appealed for "full and complete co-oper-

t 's’**' Pj . Ib

Ralph Ilendershot

fction” of every citizen in the President's recovery program. It is only fair to state, however, that the race to get under the Roosevelt banner has been due in part to the steps taken by the President to guard against currency inflation and to his placing a more or less definite price on the dollar in terms of gold. Then. too. his program has brought definite results in the way of larger corporate profits and > general improvement in business sentiment. a a a a a a Germany and the Securities Act. The new securities act has had at least one amusing repercussion. When the German government set up the Konversionskasse and decided to pay part of the interest on German bonds in scrip instead of all in cash it ran smack up against the Federal Trade Commission. Bondholders were not permitted to accept scrip because it had not been registered. Recently, however, that little matter has been taken care of, and now prospectuses two feet long, one foot wide and containing six pages telling all about the Konversionskasse are mailed to the bondholders, who, in turn, write a letfer back to the paying agent stating they had received the prospectuses and receive their scrip. The cost of the prospectuses probably runs to several hundred thousand dollars, so one winders what the Germans saved by paying in scrip. Moreover, if those receiving the prospectuses placed a value on the time and effort expanded in reading them they might find themselves better off if they had forgotten all about the scrip.

New York Stocks

—Feb. 14Prey. Oils— High. Low. 10:30. close. Amerada ....... 41 tx 48‘i 48'a 48*4 Arl Rfg 32 j 32*. Barnsdall .. ... ?'• 9U Consol Oil 14'/ 14's 14 4 14 Cont of Del 19'4 19 Houston tiwwl.. .. ... 9 Houston • • 2 Mid Cont Pet }3J Ohio Oil 14 *4 J 4 * ■ Pet Corp Phillips Pet Pure Oil ..••••• •• ••• 13 4 8 Royal Dutch 38'. simi oil 2 Buell Simir.A Pet }j- * Skellev Oil Soc Vac ..•••••• • - !*' 17*4 SO of Cai 40’* 40*2 40’* 40’* sOof N J 47 1 a 47** 47*2 4i>. Bun Oil Tidewater Assn 10*4 10* Cn Oil of Cal 1® 2 Am*Roa Mills .. 25\ 25'V" 25‘. 29> Beth Stefl J 2 * Bvers AM 30 Col Fuel or Iron ** Cruc Steel ..... .. ... ... 38 Gulf Sts Steel 34 McKeesport Tin 89 Natl Steel ... .... ••• 53’* Rep Iron A Steel 21 20’ 21 -1 * Rep Ir A Stl pld 52'a 52 U S Smelt 131 128*4 103*4 128*4 Vanadium .. *8 , Mid Steel **,* U S Pipe A Fdy .. • ••• 30 U S steel 58Via 56 56 56 U S Steel pfd 91 ' 2 Youngs nS Ac T. .* ... 28 * ... Rail* ■ #!0 3L Atchison ••• ••• ®*. B Atl Cst Lin* ... 51 50 a B& O ••• 32S 32'a Can Pac ... l’a 16 a Ch A Ohio * ... 44 2 42 a CMAc St P 7*4 IK .7*4 7J CMAc St P pfd 10*4 U*. Chi N W 13t. 13 Erie Dela A- Hud •>> 6 ]„ Chi R -5*4 Grt North’n pfd .. ... 29** 28*. 11l Central 34*4 34a Mo Pac - ... •••„ Mo Pac pld .... 8 7*4 7** 8 N Y Cent *\ l * N Y Chi Ac St L. .. ... 22 23 NY CAcSt L pfd 30*4 30*4 NY New Haven. 20*a N Y Ont i *es 1° • Nor Pac 33 32 Penn R 36*i 36*4 801 l Pac 30*4 30V4 30*4 30>.a Sou R 34 *a 34 Sou R R pfd 38 Union Pac 131*4 Wabash , ••• West Marvi .... 1514 15 15 15 Motors — Auburn ••• , . “* Chrysler 55*4 55'x 55*a 56 Gen Motors 39'a 39** Hudson 1 21*4 'ii'i *2i;i 21 2 6 Tiici':::::: ::: *A: Nash 4 2 ?' ’* Packard .......8 •• ... 4 - 4 * Reo • ... .i t . ’ Snidebaker ..... .. ... Yellow Truck 5% s*. Motor Acres*— ■ Bendix • 20 1 * 20*4 20* 4 .0 Bohn Alum Borg Warner 25 8 Briggs Bund Wheel * * Eaton Mtg 1?> 39 4 Elec Auto Lite 26’j 26'a Houd A o*4 5* a Mullins Mfg .... 12’* 12*4 12’, 12 Murray Body ... .. ... 9*4 9 * Stew Warner B*4 Timken Rol .... .. < Minins — Alaska Jun ..... .. ... ... 22 s * Am Smelt ...... 49*a 49*4 4G’a 49 Anaconda 16*4 16*4 Cal * Hecla ... , .... s** Cer to De Pasco. 38*a 38*4 38 1 * 3>*4 Oranby }*, Gt Nor Ore I*; 2 Heme,take Min. .. ... ... 1 Howe Sound .... .. ... *7 45 a Irs Copper *' Xnt Nickel .. ... 22’s 23 Kennecott Cop. .. ... 21* 21'i Noranda Cep.... .. ... 35*4 35* Phelps Dodge.... .. ... 18 18 Tobacco*— Am Snuff ...... •• ... ... 53*4 Am Sum Tob... .% 18 Am Tob lA* ... . i® Am Tob Bl ••• JJ,, Jt* * Gen Cigar 34 s o4*. Lig A Myers |B .* ... 90 9-H Reynolds Tob*(Bl It 41*. 4i*l Am Car A FcLv.. .k ... .•• , 31 Am Loco * ... 35S 35** Am Mach * Fdy IS* 18 Am Steel Fdy.. .v 24>a Bald Loco ... I*. 13'* Burroughs .. ... l.’ l-*4 Case J I .. ... 78*. 78*4 Cater Tract 2S* 28*a Colgat Palm Pt 13*4 Congrleutr. .... .. ... 29** 29’a Blec St or Bat 48 Foster Wheel 29 >4 Gen Am Tk Car 40*s 41*4 Oen Bee 22' 22* a Gen R R S:g 39*4 Xnt Bus Mach 145** ... Int Harvester 431* 42 s , Ke’vinaror 17*. Natl Cash Rec 21*4 21 ! a 21*a 21N Proe A Gamble 38 ** Pullman Inc .... 54*. Simmons Bed 20** Und Elliot 46 West Air B 33 33** Wfstingh Bee ... ... 43 : * 43 Worthington P ... 28 ttilitieo— Am A For Parr. .. ... ... 11*4 Am Pow A Lit. .. ... 10*w 10-. A T 61 T 120** Am Wat Wks 23 22 w Col Gas A Elec. .. ... 17* 17 Col O A E pfd 70 Com A Sou ... 33 Consol Gas ... .. ... 44 44 Bee Pwt A Lit. .. ... 8 8 E P L pfd 15*3 15*a Ir.t TAT 15** Lou GAEA 19 Nat Par A Lit 12’s 12*, North Amer 22 22 * Pac G A E 21 21S Pub Serv N J 42 42 80 Cal Edison ... .. 19* 19*. Sid Gas .... 14*4 14 a 14', 14’, Sid Gas pfd 14*. 14*a United Corp 7 ! * 7*, Un Gas Imp 18*, 18 Ut Pwr A Lit A 4*4 Western Union 6C’ 60*4 Rubbers— Fires tore Goodrich ...... .. ... 16’, 16*4 Goodyear ... ... J3*i U 6 Rubber 20** 20*4 U S Rubber pfd .. ... 43 44 Kel Spring 3 3*s Aasaseaent, — Fox Tr.ea ....... .. ... 16 16*, Loews Inc 83*4 82*4 23* 32', Radio Corp ... 7’, 7’, RXO 3 , 2* Vfhraer Bxu ... 7*4 9 si 7Hi

Abbott. Hoppin is Cos.)

I'ood^— Am Sugar 56 Armour A 5% 5% Beatrice Cream 14% Borden Prod 25 Cal Packing ... 24% 24% Can Dry G Ale ... 26 Cont Bak A ... 12% Corn Prod ..... ... ... 73 Crm of Wheat 32% Gen Foods 34% 34% Gold Dust 20 % 20 U W Sugar ... 30% 30% Loose Wiles 40% Natl Biscuit .... .. ... 43% 43% Natl D Piod .... .. ... 15% 15 1 . Purity Bak 17% S Porto Rico Bug 37 Std Brands .... 22*4 22% 22 1 ■ 22% United Fruit £5% Wrigley 59 58% Retails Stores— Asso Dry Goods 16% 16*4 Be.® &Cos 30% 30 30% 30 Gimbel Bros 5% Or Un Tea 7% Hahn Dept Sts 7*4 7% Jewel Tea 45 Kresge S S 19% 19% Kroger Groc 30% 30% Macy R H 59 Mav Dept St 39 Mont Ward 33% 33% 33% 33% Penny J C 63% 64% Safeway St 53%. Sears Roebuck 43’% Woolworth ..... .. 51 AviationAviation Corp .. 6*4 6* 6*,4 6*b Douglass Air ... 23*• 23% 23% 23 Curtiss Wright 3% 374 Curtiss Wright A 8% 9 Nor Am Av 3% 5*4 5% 5*4 United Aircraft.. 22% 21% 22% 22% Chemicals Air Reduction 101% Allied Chem 151 Am Com Alcohol .. ... 49% 50 Col Carbon ... 67*4 Com Solvents ... 29% 28'4 29% 20% Du Pont 99% Freeport Tex 47% Liquid Carb 28*4 28 1 4 Math Alkali 36% Tex Oulf Sulph.. 39*4 39% 39 7 4 40 Union Carbide 45% U 8 Ind Alcohol 58% Natl Dist inew). 26% 26% 26% 26*4 Drugs— Cotv Inc 7% 7*4 Lambert 29% Lehn & Fink I 19%. Zonite Prod 4 ... 6% 6% Financial— Adams Exp 10% 10*. Allegheny Corp.. ~ 4% Chesa Corp 40% Transamenea 7% Tr Conti Corp 6 6% Building— Am Radiator.... 15% 15% 15% 15** Gen Asphalt ... ... 20% Int Cement 32% Johns Manvllle 62% 62 Libbv Owens Gls 39*4 39% 39% 39% Otts Etev 17% Ulen Const 33% Miscellaneous— Am Bank Note 29 Amer Can 105 104% 105 104% Brklyn.Man Tr 32% Conti Can .. ... ... 79% Eastman Kodak 88% Owens Bottle 90% Gillette 11% 11% Glidden 21% 21% 21% 20*4 Ootham Silk ... ... 10% Inter Rapid Tr 10% Real Silk Hose 11%

Investment Trust Shares

tßy Abbott. Hoppin & Cos.) —Feb. 13Bid. Ask. American Bank Stocks Corp.. 1.12 1.16 American and General Sec A. 550 700 American Inv Tr Sh 200 3.00 Basic Industry Shares 365 370 British Type Inv Tr Sh .76 84 Collateral Trustee Shares A.. 5.00 5.25 Corporate Trust Shares (oidl 2.23 2.26 Corporate Trust Shares (new) 2.53 2.56 Cumulative Trust Shares .... 440 .... Diversified Trust Shares A... 612 Diversified Trust Shares 8... 850 8.75 Diversified Trust Shares C... 337 3.42 Diversified Trust Shargs D... 5.20 5.30 First Insurance Stock Corp... 1.29 1.33 First Common Stock Ccrp... 95 110 Fixed Trust Oil Shares A 9.90 9 25 Fixed Trust Oil Shares 8.... 775 800 Incorporators Investments.... 19.25 20.62 Land Bank Bond Shares .... 1.06 1.11 Low Priced Shares 640 6.60 Mass Inv Trust Shares 19 50 21.00 Nation Wide Securities 3 26 3.70 No American Tr Shares i53). 1.96 200 No American Tr Shares (551. 2.55 2.60 No American Tr Shares (58). 2.85 300 Selected American Shares.... 3.75 Selected Cumulative Shares.. 762 Selected Income Shares 370 400 Std American Tr Shares A... 3.19 5.22 Trust Shares of America .... 3.05 310 Trustee Std Oil A 5.70 5.90 Trustee Std Oil B 5:30 5.50 U S Elec Lt & Pwr A 13 50 14.00 Universal Trust Bhares 3 25 1.50

U. S. Government Bonds

By Vnited Press NEW YORK. Feb. 13 —Closing Liberties. Decimals represent thirty-seconds.) Liberty * 3%s /32-471 101.25 F:rst 4%s .32-47) 102.16 Fourth 4%s 33-38) 102 22 Treasury 4%5—3%s (45) 100.10 4%s 47-52) 108. 3*.s 43-47) 100 26 3.S )41-43) March 100.30 3%s (40-43) June 100 31 3%s 41> 100.10 3%S .46-49) 98 30 3s .51-55. 97.15

Foreign Exchange

ißv Abbott. Hopoln A Cos.) —Feb. 13— Close. Sterling England *503*4 Franc. France 0652 Lira Ita’v 0867 8.-'.cias. Belgium 23C0 Mark. G-'rmanv 3395 Guilder Holland 660 Peseta Srain .1336 Krone. Norway 2530 Krone. Denmark .2250 Dollar Closes Lower By raiffd Prut PARIS. Feb. 14.—The dollar weakened slightly today, opening at 15.30 francs (6.536 cents a franc) and closed at 15.32 6.527 cents', compared to yesterday's close of 15.35 16.515 cents).

STOCKS SHOW UNEVEN ACTION; TRADING DULL Cotton Values Dip Sharply; Bonds, U. S. Dollar Unchanged.

Average Stock Prices

Average of thirty industrials for Tuesday: High 107 35. low 104.78. close 108.10, up .63 Average of twenty rails: 51.00, 4j 88, 50 37, up 71. Average of twenty utilities: 28.58. 28.16. 28 43, off .12, Ver-age-of forty bonds: 9116. up .43. Average 01 ten first rails: 96.49. up .43. Average of ten second rails: 80 07, up .86. Average of ten utilities: 94.76, up .01. Average of ten industrials; 92.71, up .40. BY ELMER C. WALZER United Press Financial Editor NEW YORK. Feb. 14.—Prices moved irregularly in a narrowrange in dull turnover at the opening on the Stock Exchange today, while bonds and the dollar ruled steady, and cotton broke sharply. Alining stocks were steady to firm, featured by Howe Sound, which equalled its high for the year at 47, up 47% points from the previous close. Copper shares were unchanged. Silver issues moved higher with United States Smelting at 128 i, up %, and Cerro de Pasco 38’,, up %. Small gains were made by General Motors, American Can, Pierce Arrow, Bendix Aviation, International Harvester, Westinghouse Electric, and North American Aviation. United States Steel was unchanged at 56%. Small declines were recorded in Bethlehem Steel, Chrysler, Case, Commercial Solvents, North American, Standard Oil of California, New York Central, Standard Gas, International Nickel, and CurtissWright A. During the early trading volume shrank and prices ruled around the previous close. Demand continued for the silver stocks where United States Smelting, the feature, rose to 131, up 2%, and equal to its high. United States Steel eased slightly. American Telephone held around 121, up % point from yesterday’s close. Business news was unfavorable. Steel operations, according to the Iron Age, rose 3 points to 41 per cent of capacity; February automobile production was estimated at 270,000 units, the best since 1930; March auto output was placed at around 350.000 units; electricity output rose above the previous week, but the percentage gain from a year ago was less at 11.4, against 12.5 for the week ended Feb. 3.

Bank Clearings

INDIANAPOLIS STATEMENT —Feb. 13. Clearings $1,852,000.00 Debits 3,461,000.00

Treasury Statement

By United Press WASHINGTON, Feb. 14.—Government expenses and receipts of the current fiscal rear to Feb. 12. compared with the corresponding period of the previous fiscal year; This vear. Last year. Expenses $3,897,194,762.17 $3,163,786,299.75 Receipts $4,606,435,483.44 $1,196,243,961.18 Surplus. $ 709,240,721.27 *51,967,542,338.57 Cash Balance $4,244,749,410.85 •Deficit. New York Curb By Abbot, Hoppin & Cos. —Feb. 13. Close! Close Allied Mills 9 Gulf Oil of Pa 70 Alum Cos of Am 72 Hiram Walker . 43 Am Cyanide 'B' 19%:Hud Bay Min.. 10 Am A- Fr Pw W 7% Humble Oil ... 39% Am GA El ... 21 Imp Oil Ltd .. 13*a Am Superpower 3%'lnt Fetrol 22% Atlas Corp .... 13*4 Lake Sh Min .. 44% British Celanese 3% Lone Star Gas. 7% Can Ind Ale A 3% Masaey Harris. 7% Can Marc 3*is Natl Bellas Hess 2% Carrier Corp... 7% Newmont Min . 54% Cities Serv .... 3% ! Nia Hud Pwr . 7% Con Gas of Balt 60 Novadel Agene.. 64 Cord Corp 7% Pan Am Air ... 37 Creole Petrol... 11%: Park Davis .... 25 Crown Cork Int 6% Penn Road .... 3% Distillers Lim.. 20% St Regis Paper.. 4% Distillers Corp. 20% Sal Crk Prod.. 6% Dow Chem ... 72*8 Sherwin Wms . 63% El Bnd & Sh... 19% Sid of Ind 31% Fisk Rubber ... 17% ; Std of Ky 16% Ford of Can ‘A’ 23 T s!Teck Hugh Gold 5% Ford of Europe 6% Un Gas 4% Gen Aviation . 5% Un Pwr A: Lt A. 4% Glen Alden Coal 16% Weight Har Min 7 Glen Alden Coal 16% NEW YORK COFFEE FUTURES Feb. 13— SANTOS High. Low. Close. March 10.31 10.21 10.23 Mav 10.57 10.43 10.47 July 10.70 10.57 10.61 September 11.05 10.93 10.95 December 11.17 11.04 11.08 RIO March 8 31 8.20 8 20 Mav 8.36 8 25 8.33 JulV 8.53 8.46 8.48 September 8.64 8.55 8.57 December 8.69 8.65 8.69

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THE INDIANAPOLIS TIMES

Bright Spots

<Bv Abbott, Hoppin <fc Cos.) Chetapeake A- Ohio Railroad Company loadings for own lines and connections In week ended Feb. 10 totaled 28.002 cars against 25.720 cars in the previous week and 26,194 cars In the corresponding 1933 week. Atchison. Topeka ii Santa F? Railroad Company car loadings for week ended Feb. 10 totaled 20.549 cars against 20.603 cars In the previous week ar.d 19.335 cars in the like 1933 week. Goodyear Tire and Robber Company net profit for year ended Dec. 31 was $ 081,535 after interest, depreciation, taxes and other charges, and including a profit of $1,867,529 on book values of foreign net current assets previously written down bv charges to profit and loss for the year. In 1932 thg company reported a net loss of SH.VKB94 after inventory writedown of $8,415,327. Belding-Hemingwav Company in year ended Dec. 31 earned 51.05 a common share against net loss of $151,963 in 1932. , Net profit of Pratt and Lambert Company for year ended Dec. 31 was $289,408 after depreciation and taxes against a net loss of $84,457 in 1932. Kroger Grocery and Baking Company and subsidiaries for year ended Dec. 31 showed earnings of $2.51 a common share, against $1.17 a share in 1932. Standard Oil Company of Kentucky has declared the regular quarterly dividend of 25 cents. Magazine Steel savs rapidly mounting demand from automobile industry and broadening in general manufacturing requirements were chiefly responsible for the three-point gain in steel operations last week, which brought the industry to a 39 per cent capacity working basis. California crude oil output during week ended Feb. 10 increased 26.800 barrels over the previous week. Irving Airchute Company and subsidiaries report for 1933 shows a net loss of $51,307 after all charges against net profit of $162,796 in 1932. Illinois Central Railroad Company handled 26,068 revenue cars in the week ended Feb. 10, against 26,117 in the preceding week and 20,627 in the like 1933 week. Southern Pacific Railroad Company car loadings for week ended Feb. 10 totaled 17.896 cars, against 17.180 in the previous week and 13,978 In the corresponding 1933 week.

Federal Farm Loan Bonds

(By Blyth & Cos., Inc.) —Feb. 13Bid. Ask. 4s Nov. 1, 1957—37 92 1 4 93% 4s May 1, 1958—38 92’4 93% 4%s July 1, 1956—36 ... 93% 94=4 4%s Jan. 1. 1957—37 93% 94% 4%s May 1, 1957—37 93% 94% 4%s Nov. 1, 1958—38 93% 94% 4%s May 1. 1942—32 96 97% 4%s Jan. 1. 1943—33 94% 95% 4%s Jan. 1, 1953—33 94% 95% 4%s July 1, 1953—33 94% 95% 4%s Jan. 1, 1955—35 94% 95% 4%s July 1. 1955—35 94% 95% 4%s Jan. 1. 1956—36 94% 95% 4%s July 1. 1953—33 96 97% 44s Jan. 1, 1954—34 96 97% 4%s July 1. 1954—34 96 97% 5s May 1, 1941—31 99% 100% 5s NOV. 1. 1941—31 99% 100% Home Loan 4s. July 1, 1951 96% 96%

Daily Price Index

By United Press NEW YORK. Feb. 13.—Dun & Bradstreet’s daily weighted index or thirty basic commodities compiled for the United Press; (1930-1932 Average. 100) (New 1934 High) Today 109.03 Saturday 108.82 Week Ago 107.71 Month Ago 102.53 Year Ago 68.99 1934 High (Feb. 13) 109.03 1934 Low’ (Jan. 3) 101.05 (Copyright, 1. 1934. by Dun & Bradstreet. Inc.)

Retail Coal Prices

The following prices represent quotations from leading Indianapolis coal dealers. A cash discount of 25 cents per ton Is allowed. DOMESTIC RETAIL PRICES Anthracite $14.25 Coke, nut size 8.75 Coke, egg size 8.75 Indiana, forked lump 8.50 Indiana, egg 1.00 Indiana, mine run 4.75 Kentucky lump 7.00 Pocahontas lump 8.25 Pocahontas egg 8.29 Pocahontas forked lump 9.25 Pocahontas mine run 7.25 New River smokeless 8.25 West Virginia lump 6.75 West Virginia egg 6.50 Island Creek 7.00 Extra charge of 50c a ton for wheeling coal, and $1 a ton for coal carried to bin.

In the Cotton Markets

—Feb. 13— CHICAGO High. Low. Close. January 13.10 12.83 12.88 March 12.41 12.00 12.18 May 12.65 12.20 12.35 July 12.77 12.33 12.30 October 12.96 12.50 12.65 December 13.08 12.75 12.83 NEW YORK January 13.09 12.70 12.93 March 12.37 11.85 12.13 May 12.54 12 05 12.28 July 12.71 12.15 12.44 October 12 89 12.38 12.60 December 13.03 12.56 12.82 CHICAGO FRUIT MARKET By United Press CHICAGO, Feb. 14.—Apples—Michigan Jonathans bushel, $1.60®1.75; Baldwins bushel. $1.254/1.50. Carrots—lllinois, 40® 50c bushel. Spinach—Texas, 604/ 65c bushel. Beans—Southern green. $2.25®2.75; wax, $2.254/,2.50. Mushrooms—lllinois, 17% 4/ 30c pound cartons. Cucumbers—Central western hothouse. $2.25®„2.75, 2 dozen. Tomatoes—Florida. sl4/2.25 box. Celery —Michigan. 75c®$1-25 square crate. Parsnips—Illinois, 75c®$1 bushel. Sweet potatoes—Tennessee, $1,354/ 1.40 bushel: Indiana. $1.504;1.85. Rhubarb—Michigan hothouse, 2G®3sc, 5 pounds. Onion market 1 50-lb. sacks) —Western Valencias, $1.15® 1.35; central western yellows. $1 ® 1 20.

’SWINE MARKET i HOLDS STEADY; 5 CATTLEJGHER Veals Continue Unchanged; Chicago Porker Prices Drop 10 Cents. Steady ar.d quiet trading featured the pork market at the Union Stockyards this morning. Few 1 classes were scarce and inactive. The bulk, 160 to 300 pounds, sold for $4.70 to $4.90. Largest weights on hand, 300 pounds and upward, were selling around $4.20 to $4.50, while few better kinds scaling 130 to 160 pounds brought $4 to $4.50. Light slaughter pigs weighing 100 to 130 pounds, sold at $2.25 to $3.50. Receipts were estimated at 5,000. Holdovers, 220, Early sales on beef steers and heifers were active and slightly higher than yesterday’s average. Cqws were slow and unchanged. Few initial steer sales ranged from $5.50 to $6.90. Receipts numbered 1,200. Vealers resumed a steady trading range, salable at $7.50 down. Receipts were 700. Lamb market held stationary, with better grade lambs selling at $9 to $9.75. Few lower classes and throwouts brought $6.50 to $8.50. Receipts were 1.000. Slight weakness was evident in hog trading at Chicago, with few early bids and sales around 10 cents lower than yesterday’s average. Initial top field at $4.65. Receipts were estimated at 27,000, including 4,000 directs; holdovers, 2,000. Cattle receipts were 11,000; calves, 2.00 C; market, unchanged. Sheep receipts numbered 8,000; market, strong. HOGS Feb. Bullk. Top. Receipts. 8. $4.80® 5.00 $5.00 6.000 9. 4.85® 5.10 5.10 6.000 10. 4.65® 4.90 4.90 2,000 12. 4.65® 4.90 4.90 4,000 13. 4.75® 4.90 4.90 6,000 14. 4.70® 4 90 4.90 5,000 Market, steady. (140-160) Good and choice..® 4.25® 4.50 —Light Weights—-(l6o-180) Good and choice.... 4.90 (180-200) Good and choice ... 4.90 —Medium Weights—-(2oo-220) Good and choice.... 4.85® 490 (220-25/ Good and choice.... 4.80® 4.85 —Heavy Weights—-(2so-290) Good and choice... 4.70® 4.75 (290-350) Good and choice... 4.40® 4.70 —Packing Sows—(3so down) Good 3.25® 3.50 (350 up) Good 3.00® 3.25 (All weights) Medium 2.75® 3.00 —Slaughter Pigs—-(loo-130) Good and choice.. 2.25@ 3.50 CATTLE Receipts, 1,200; market, steady. (1,050-1,1001 Good and choice $ 6.00® 7.00 Common and medium 4.00® 6.00 (1,100-1,500) Good and choice 5.50® 7.00 Common and medium 4 00® 5.50 (675-750) Good and choice 5.25® 6.50 Common and medium 3.00® 5.25 (750-900) — Good and choice 4.75® 6.25 Common and medium 2.75® 4.75 —Cows— Good 3.00® 3.50 Common and medium 2.50® 3.00 Low cutter and medium .... 1.50® 2.50 —Bulls (yearlings excluded/ Good (beef steers! 2.50® 3.25 Cutter, common and medium.. 1.50® 2.50 VEALERS Receipts, 700; market, steady. Good and choice $ 7.00® 7.50 Medium 4.50® 7.00 Cull and common 2.50® 4.50 —Calves—i (250-500) Good and choice 3.50® 5.00 Common and medium 2.00® 3.50 —Feeder and Stocker Cattie—-(soo-900) Good and choice 3.75® 4.75 1 Common and medium 2.50® 3.75 (800-1,500) Good and choice 3.75® 4.75 Common and medium 2.50® 3.75 SHEEP AND LAMBS Receipts, 1,000; market, steady. (90 lbs. down) good and choices 9.00® 9.75 (90-110 lbs. good and choice. 8.75® 9.50 (90 lbs. down) Com. and med. 6.50® 8.50 —Ewes— Good and choice 3.75® 4.75 Common and medium 1.50® 3.75 Other Livestock BY UNITED PRESS CHICAGO, Feb. 14.—Hogs—Receipts, 27,000, including 4,000 directs: active, steady to 10c lower; 160-300 lbs., [email protected]: top $4.75 for best 190-200 lbs., good pigs, s3® 3.50; packing sows. 53.50.i5.75; light, lights, 140-160 lbs., good and choice. $4.10 ®4.65; light weight, 160-200 ibs., good and choice. $4.40(84.75; medium weights. 200-250 lbs., good and choice. $4.50® 4.75; heavy weights, 250-350 lbs., good and choice, $4.15®4.60; packing sows. 275-550 lbs., medium and choice. $3,404/ 3 90; slaughter pigs. 100-130 lbs., good and choice, $2.75®.4.10. Cattle—Receipts. 11,000; calves, 2,500; fed steers and vearlings steady to strong; better grade light heifers. steady; lower grade heavy heifers and cows weak to lower; cutter cows 10c to 15c off; bulls stong; vealers steady to weak; early yearling top. $7.10; slaughter cattle and vealers: steers 550900 lbs., good and choice. s6.so''/7.50; 900-1,100 lbs., good and choice, $5.75® 7.35; 1,100-1,300 lbs., good and choice, $5 7.25; 1,300-1.500 lbs., good and choice. $4,504(6.50; 550-1,300 lbs., common and medium. $4.25 •/5.50; heifers, 550-750 lbs., good and choice, $5.50(87: common and medium. $3,75® 5.50; cows good. $3.35® 4.25; common and medium. $3®3.35; low cutter and cutter. $1.50®3; bulls vearlings excluded, good beef. $3®3.35; cutter common and medium, $2.25® 3.15; vearlings, good and choice. $5.50® 7; medium, $5®5.50; cull and common. $44/5: stocker and feeder cattle: Steers. 550-1.050 lbs., good and choice. $44/5.25; common and medium, s3® 4. Sheep—Receipts. 8.000; fat lambs active, steady and some instances higher; good and choice wooled lambs off $9.50 to mostly $9.75; scattered sheep steady; feeding lambs absent; slaughter sheep and lambs: lambs 90 lbs. down, good and choice. $8.90® 9.75: common and medium. $7.25® 9; 90-98 lbs., good and choice, $3.50® 9.75: ewes. 90-150 lbs. good and choice, $3,754/ 5.25: all weights, common and medium. $2.75®4.25. EAST ST. LOUIS. 111., Feb. 14-. Market —Lighter weights, slow; 10c lower? heaviers, higher; sows, steady to 10c lower; bidding lower on pigs; top. $4.75: few small lots. 54.80; bulk 160-220 lbs., early, $4 70® 4.75; 250-270 lbs., 54.50®4.60: 270325 lbs.. $4.25® 4.50; sows, largely $3.15® 3.40. Cattle—Receipts, 2,000; calves, receipts. 1.500; market, opened strong on steers; spots 10® 15c higher: mixed yearlings. heifers and cows, unchanged; bulls, unevenly higher; vealers. 25c lower at $7; early steer range, s4® 6; mixed yearlings and heifers largely $4.50:5,50; cows. $2.85® 3.50; low cutters. $1.50®,2.25: top sausage bulls, 53.25: slaughter steeps. 550-1,100 lbs., good and choice. $5.50® 6 85; common and medium. $3.50®)5.75; 1,100-1,500 Ibs., choice. 55®6.60; good $4®6.25; medium, $3.65®5.50. Sheep—Receipts, 1,200; market, fat lambs, opened strong to 25c higher to shippers and small killers; choice wooled lambs, $9.75®10; other classes rot established. Lambs, 90 lbs. down, good and choice. s9®lo; common and medium, $6®9.25; 90-98 lbs., good and choice. $8.50 ® 10; yearling wethers, 90-110 lbs., good and choice, $6.75® 8.50; ewes. 90-150 lbs., good and choice. 53.25®5; all weights, common and medium. $2.25®3.75. CLEVELAND. Feb. 14.—Cattle—Receipts, 250: market active and strong; all sold: choice steers 750 to 1.100 lbs. $8.2:.® 6.75: 550 to 1.200 ibs.. ss® 6; heifers. S6® 1,000 lbs.. $4.25®5.50: good cows all weights. 52.50®3.25. Calves—Receipts, 450: market active and fully steady with S8 top: choice to prime. 57.50®8: choice to food, S6 50®7.50: fair to good. $5.50®; .50. Sheep—Receipts. 1.000; market stronger with few finest lambs quoted at new top of $10.25: choice wethers. s4® 5: medium to good. s3®4; choice spring lambs. $9 JlO 25: good to choice. SB4; 9; medium to good. s7®B. Hogs—Receipts. 1,100; market active but 10 cents lower: all sold; 250 to 300 lbs.. $4.50®4.75; 220 to 250 lbs.. $4.60® 4.75; 180 to 210 lbs.. $5.25: 150 to 180 lbs.. $5 25; stags. $2; roughs. $3: pigs. $3.25®3.50. LAFAYETTE. Feb. 14.—Hogs—Market, steady; 170-225 lbs.. $4.70® 4.75: 225-275 lbs.. 54.60® 4.65: 275-325 lbs.. $4.40® 4.55; 140-170 ibs.' S4® 4.25: 120-140 ibs., 53.25® 3.75: 100-120 lbs.. s2® 2.75; roughs, 53.50 down: top calves, $6.50; top lambs. SB. By Times Special LOUISVILLE. Feb. 14—Cattle—Receipts. 200 demand broad for ail slaughter classes; market, fully steadv at week’s ieve’.: bulk common to medium steers and heifers. s4® 5: well finished fed kinds quotable to S6: bulk beef cows. $2 75®. 3.25: practical top. $3.50; most low cutters and cutters, $1.60®2.50: light shells down to $1.25 or less; bulk sausage bulls, $3.25 down: common to medium, grade native Stockers and feeders, mostly $2.75® 3.75; well bred Herefords mostly $4 50® 5.50. Calves—Receipts. 200: steady; bulk better grade vealers. $6®6.50: medium and lower grade. $5 50 down. Hogs—Receipts. 1.000; 10c lower; 170-210 lbs. $4.90; 215-240 lbs.. $4 55; 245-270 lbs , $4 25- 275 lbs up. $4 15; 145-165 lbs., $4.15; 120-140 lbs., $3.40: sows, *3 15; stags. *1.85. Sheep— Receipts, 25; fully steady; bulk medium to good lambs. $7.50®8.50; choice eligible to $9; throwouts. mostly $5.50; desirable fat ewes, 2.50@3.

Chicago Stocks " p y Abbott. Hoppin & Cos. —————

TOTAL SALES 80.000 SHARES —Feb 13— High. Low. Close. Acme Steel Cos 41 Adam* Mfg 8% Advance Aluminum .... 4% 3*4 4 Allied Produces 17 % Altorfer Bros 20 Aasoc Telephone Util .. % % % Bastlan Blessing 9 8% 9 Bendix Aviation 20 19% 19% Borg Warner 26 25 25% Borg Warner pfd 99% Brown Fence & Wire B 4% Butler Bros 9% 8% 9% Castie AM 20% Cent 111 Pub Serv pfd.. 19 18 19 Cent 111 Securities pfd 8 Cent Ind Power pfd 9% Cent Pub Serv Cl A % Cent Pub Util % Cent & So West 1% Cent &So West pfd ... 7% 7% 7% Chi & North Western... 13% 12** 13 Chicago Corp com 3% 3% 3% Chicago Corp pfd 28% Chicago Electric Mfg A .. 7 Chicago Yellow Cab ... 12 Cities Service 3% 3% *J% Club Aluminum ... % Commonwealth Edison.. 56 55 56 Continental Steel ... 9** Cord Corp 7% 6** 7% Crane Cos 9*, 9% 9% Gen Humbold Uts 12 11% 11% Godchaux B ~ ... 7** Goldblatt Bros 30% 30 % 30 * Great Lakes Aircraft... 1 % l Great Lakes Dredge.... 19% 19% 19% Grigsbv-Grunow % % % Hall Printing 8% 7% 8 Harnischfeeer 7 Hormel Cos 16% Honda ille-Hershev A 21 Houdaille-Hershey B. 5% Jeffprson Elec 14% Katz Drug 28 Kentucky Ut Jr C pfd 20% Libbv-Mb Neil 4% Lynch Corp 37% 37 37 Marshall Field 18% 17% 17% McGraw Electric ... 6% McWilliams Dredging Cos 22*4 21*4 22% Meadows Mfg Cos com % Middle West Utilities .... ... % Middle W Ut 6% pfd A 1 Modine ... 14 Noblitt-Sp; rks Ind Inc.. 14% 14% 14% North Am Li As Pow.. ... 3% No West Util 7% pfd 4 Oshkosh Overall 6 5% 6 Penn Gas & Elec 14% 12% 14% Prima Cos 10 9% 9** Process Corp 3% Public Service N P ••• , 20 Pub Serv 6% pfd 58 57% 57% Pub Serv 7% pfd 63 62 62 Quaker Oats 117*4 Rath Paacking 25 Sangnmo Elect com . 8% Standard Dredging Cos.. 2% 2 2 INSURANCE ASSETS INCREASE $2,759,430 Guardian Life Cos. of America Shows Gain in 1933. 5 By Times Special NEW YORK, Feb. 14. An increase in assets from $95,505,469 to $98,264,899 during 1933 is shown by The Guardian Life Insurance Company of America in its seventyfourth annual statement, released today. After setting aside dividends to policyholders for 1934 on the same scale as last year, the company added $500,000 to a special reserve for contingencies, bringing the total for that account up to $1,500,000, and increased its general surplus by $274,603 to $5,483,936. In addition, a special real estate profit reserve maintained by the company was increased from $172,935 to $549,780, making the total increase in special surplus reserves to policyholders, $1,151,448 in 1933. The company’s cash balance Dec. 30, 1933, was $1,781,888, an increase from $983,036 during the year, and in addition it held as a secondary cash reserve, $1,000,000 of high class short term securities maturing during 1934. New paid business of the company in 1933 showed a decrease of 18 per cent from the preceding year. The total insurance in force Dec. 30, 1933, amounted to $460,381,632. The underwriting experience proved unusually favorable. The mortality rate last year of 44.35 per cent of the expected was the lowest in the company’s history. Over the past five years the company has had an average mortality of but 49 per cent of the expected.

COPELAND MOVED TO JAIL AT GREENCASTLE Dillinger Mobster Awaits $75,000 Holdup Trial. Harry Copeland, member of the notorious Indiana “terror mob” of escaped convicts, today was moved from state prison at Michigan city to the Putnam county jail at Greencastle under heavy guard. Following a conference among Judge Wilbur Donner of circuit court, A1 Feeney, state safety director and Theodore Crawley, Putnam county prosecutor, Sheriff Alva Bryan was directed to escort Copeland to Greencastle ■where he will be tried for the holdup of the Central National bank on Oct. 23 when $75,000 was stolen. Six state policemen accompanied Sheriff Bryan on the trip from Michigan City. The guards were heavily armed with submachine guns. $17,000 OF TEACHER’S BOND LOOT REGAINED Surety Will Restore Balance, SB,OOO, Governor McNutt Announces. Coincident with the departure for prison of Miss Cora Steele, Terre Haute school teacher convicted of grand larceny, Governor Paul. V. McNutt announced that $17,0G0 of the $25,000 in bonds she was found guilty of taking, have been recovered. The Governor also announced that the remaining SB,OOO in bonds taken from the state teachers’ retirement fund would be made good by the surety company. “The surety company, incidentally,” the Governor said, “is the same that always has handled the state business, reports to the contrary notwithstanding.” CAR STRIKES TAXICAB, FIVE PERSONS INJURED Drivers, Passengers in Vehicles Taken to Hospitals. Five persons were injured last night when an automobile struck a taxicab at Michigan and Illinois streets. The injured are Robert Winthrop, 26. of 840 North Meridian street, cab driver, fractured ribs and cuts; Ann Augustine, 1314 North Delaware street ,and Clara Wissell, 1521 North Meridian street, passengers, bruises and cuts; Herbert Witherel, 26, Ft. Benjamin Harrison, driver of the automobile, and Betty Hanna, 28. of 1112 Central avenue, riding with him, cuts and bruises. They were taken to City hospital. NEW YORK RAW SUGAR FUTURES —Feb. 13High. Low. Close. January 1.82 1.80 1.82 March 1.66 1.64 1.65 I SeDtember I.7*ii 1.74 1.79 1 December I.Bl* 1.78 1.81

I Standard Dredg Cos pfd 4% f Siorkiine Furniture 5% Stutz Mo Car Cos of Am 8% 8 8 (Sutherland Paper Cos 8 ! Swift <fc Cos 13 17% 17*4 Swift International ... 27% 27-* 27% Thompson JR 10 Utah Radio 2 Utility A- Ind 1% Utility A- Ind pfd 4% 4% 4% Viking Pump pfd 25 j Vortex Cup Cos A ... 26 Walgreen Cos com 23% 22% 23% Wieboldt Stores 14% Wisconsin Bankshares.. 3% 3% S% Yates Machine 1 Zenith Radio 4 3% 4 WHITNEYFIXES 3 NEW RULES N. Y. Stock Exchange Head Announces Additional Restrictions . By United Tress * NEW YORK. Feb. 14.—President Richard Whitney of the New York Stock Exchange today announced addition of three new rules of procedure governing operations of pools and of specialists. He said the ne* stock bill, if passed in its present form, would impair liquidity of American securities and might freeze all organized security markets. The new rules are: 1. Members of the exchange or their firms or partners are prohibited from having any interest in the profits of any pool, syndicate or joint account organized or used intentionally for the purpose of influencing unfairly the market price of any security by means of options or otherwise and with the intention of making a profit thereby. 2. Any member acting as a specialist for his firm or any of his partners is prohibited from acquiring or granting any option in respect of the stock in which such member is a specialist. 3. Any specialist is prohibited from disclosing to any person, other than certain committees of the exchange, any information in regard to orders entrusted to him.

Produce Markets

Delivered in Indianapolis prices—Hens. 10%c; Leghorn hens, 7%c: heavy springers over and lbs., 11c; under 5 lbs.. 9c; Leghorn springers. 7c; stags. 8c: Leghorn stags. 6c; cocks. 5 lbs. and up sc; unoer 5 lbs., 4c; ducks. 4% lbs. and over, full feathered and fat. 6c; under 4% lbs., 4c; geese, full feathered and fat. 6c. Turkeys—No. 1 young hens. 8 lbs. and over, 11c; No. 1 young toms. 12 to 20 lbs.. 13c; No. 1 young toms over 20 lbs.. 13c: oid toms, 10c; No. 2 thin crooked breasted, 6c; young guineas. 1% to 3 lbs.. 35c; old guineas. 25c: No. 1 strictly fresh country run eggs loss off 15c each full eggs case must weigh 55 lbs. gross; a deduction of 10c a pound for each pound under 55 lbs. will be made. Butter —No. 1 274/ 28c; No. 2, 24®25c. Butterfat—22c Quoted by the Wadley Company. BY UNITED PRESS CHICAGO. Feb. 14.—Eggs Market, steady: receipts. 12.252 cases; extra firsts. 17c: fresh graded firsts. 16%c: dirties. 14%c; current receipts. 15%c; checks, 14%c. Butter—Market, steady: receipts. 5,713 tubs; storage extras (92 score). 23%c; storage standards (90 score). 22%c; extra firsts (90-91% score), 24®24%c: extras /92 score). 25c; firsts (88-89% score). 234(23%c; seconds • 86-87% score). 22c; specials, 25%4/,26c; standards. 24%c. Poultry—Market, unsettled: receipts. 44 trucks, one car due; turkeys. 10®15c; hens. 104/15c; hens. 12%®13%c: Leghorns. ll%c; ducks. 124/15c; geese. 12c; old roosters, 9c; White Rock broilers. 21c: Rock springs, 16c: Plymouth Rock broilers. 23c; colorqd springs. 20c. Cheese —Twins. 14%® 14%c; Longhorns. 14%g< 15c; daisies. 14%@15c. Potatoes—Supply liberal: demand and trading slow; market dull; Wisconsin Round Whites. sl.Bo® 1.85; Minnesota Round Whites, 1 car. $1.70: Idaho Russets, $2,054/2.10: Colorado McClures. 1 car. 52.40; shipments 802: arrivals 79; on track 353. CLEVELAND. Feb. 14.—Butter —Firm; extras. 29c: standards, 28%c per lb in tubs. Eggs—Steady; extra white. 18c; current receipts. !7%c. Poultry—Weak; colored fowl under 5 lbs., 17c; Leghorn fowl. 3% lbs. and up. 14c; Leghorn fowl light, 12c: springers rocks. 17c; springers colored, 16c: capons. 8 lbs. and up. 22c; colored broilers. 20c; roosters. 9c; ducks white, 5 lbs. and up. 18c; ducks light, 15c; geese heavy fat, 13c; ordinary. 12c. Potatoes—Maine best. $2.25; very few. $2.35; Idaho Russet Burbanks. $2.25® 2.40: Ohio best. $1.90; New York best. $1.85® 1.90. NEW YORK, Feb. 14.—Potatoes—Firmer; Long Island. $1,404/2,55 per bbl.; Southern. s3®7 bbl.: Maine. $1.25®4 bbl.: Idaho. $2.50®2.65 sack; Bermuda, $5,504/ 7 bbl.; Canada, $2,104/2.25 bbl. Sweet Potatoes— Steadv; Jersey basket. 400®5!.50; Southern basket, $3.40® 1.25. Flour—-Steady and unehaTigedj springs: patents, $6.65® 6.90 sack. Pork —Firmer. Mess—s2o.2s bbl. Lard —Firm. Middle West—Spot. $6.75® 6.80 100 lbs. Dressed Poultry— Stea'dy and firm; turkeys. 154/,25c; chickens. 9® 26c; broilers, 13® 32%c; cavons. 19® 32c; fowls, 134/16c: ducks, 11®14c; Long Island ducks, 15®15%c. Lire Poultry—fairly active; geese. 13®15c; turkevs. 18 ®23c; roosters, lie: ducks, 13®>15c; fowls, 174ii9c; chickens. 14® 17c; capons, ®2sc. Cheese—Dull: state whole milk; flats to specials 1933. 19®20c; Young America, 16c. Other Livestock BY UNITED PRESS FT. WAYNE. Feb. 14— Hogs—Steady to 5 cents higher: 160-200 lbs.. $4.80; 200-250 lbs., $4.65; 240-300 lbs . $4.50; 300-350 lbs.. $3.25; 150-160 lbs., $4.40; 140-150 lbs.. $4.15: 130-140 lbs. $3.90; 120-130 lbs.. $3.40; 100-120 lbs.. $2.90; roughs. $3: stags. $2. Calves—Receipts, 750; western lambs. $9.25; native lambs. $8.75. CINCINNATI. Feb. 14.—Hogs—Receipts. 7,000; direct and through: holdover. 150; generally 10c lower on 160 lbs., up. lighter weights. 15c to 25c off: top and bulk good to choice 160 to 230 Ibs.. $5; 230 to 250 lbs., $4.90; 250 to 300 lbs.. $4.70® 4.80; 150 to 160 lbs.. $4.50® 4.75; 130 to 150 lbs., mainly, $3.75®% 25; pigs down to $2; packing sows mostly, $2,754/ 3: better light weights. $3.25. Cattle—Receipts. 275; calves, 500: active, steadv to strong: steers and heifers. $44/5.50: individual head to $6: fat cows. $2.50® 3.50: low cutters and cutters, $1.50® 2.50; bulk sausage bulls. $2.50 to $3.50: good to choice vealers active: bulk. $6,504) 7.50; plainer $6 down. Sheep—Receipts. 200; fat lambs active steadv, better grades mostly. s9® 9.75; few $9.75: choice handvweights to $10: medium sorts, SB4/9: common. s7® 3; average run ewes. $3,504/4.50; better lightweights. $5. TOLEDO. Feb. 14.—Hogs—Receipts. 175; market, steadv. Cattle—Receipts. 150; market, steady; calves receipts. light; market, steady: sheep and lambs, receipts light: market, steadv. PITTSBURGH. Feb. 14 Hogs—Receipts, 800; holdovers, none: active. 10®25c higher; top and bulk. $5.50 for 150-210 lbs. averages; 230 lbs., around $5.25: 250 lbs. up. 55®;5.10: 130-145 lbs.. $3.75® 4.25; 110130 Ibs., $3.25® 3 75; packing sows. 53.75 down. Cattle—Receipts, light: nominal. Calves—Receipts. 25; steady; top vealers. $8 medium. s6® 7. Sheep—Receipts, 300; better grade lambs, higher; top and bulk, good and choice fat lambs. $10.25; common to medium, S6®9; aged wethers and ewes, quotablv steady at $6 down and 54.50. respectively. Marriage Licenses Wilham Hagan. 22. of 28 East Raymond street, carnenter. and June Lvnch, 19. of 320% Virginia avenue, housekeeper. Paul Kocher. 21, Anderson. Inti . produce manager, and Agnes Movstner, 19. Antlers hotel, housekeeper. Joseph E. Holtheuse. 25. Richmond. Ind.. salesman, ar.d Flora Srhroeder, 21 of 136 North New Jersey street, stenographer. Charles Roseberrv. 23. of 1931 Smith State avenue, well driller, and Sarah Harlan. 22. of 1931 South State avenue, housekeeper. Archie P Taylor. 22 of 2254 Yandes street, janitor, and Mildred Edwards, 19. of 1010 Map’.e street, housekeeper. General Lawrence. 22. of 911 Edgemont avenue, labo-er. and Luia Mae Brvant, 17 of 2412 North Capitol avenue, housekeeper. MOTHER FINDS INFANT SMOTHERED IN BED Bed Clothing Shut Off Air, Coroner Finds. Dorothea Tuggle, 3-months-old daughter of Mr. and Mrs. Lowell Tuggle of 522 West Wilkins street, was found dead in her bed early today by her mother. Dr. E. R. Wilson, deputy coroner, told police that the child had * smothered while sleeping. According to Dr. Wilson, the child had been put to bed with her older sister Evelyn, 3, and was smothered by bedclothing during the nighy

FEB. 13,1933

GRAIN FUTURES ARE IRREGULAR IN SMALLRANGE All Deliveries Show Only Slight Changes Despite Bearish News. BY HARMAN W. NICHOLS United Pres* Staff Correspondent CHICA-GO, Feb. 14.—Despite a sharp drop in cotton and irregularity in the stock market, grains held around steady at the opening of the Board of Trade today. Wheat deliveries ranged from ’i cent lower to % cent higher, corn was unchanged to % cent higher, and oats were % cent lower. Leading traders predicted irregular markets until some definite development occurred to provide an incentive to buyers. There is nothing in existing supply and demand conditions to arouse market activity and people who ordinarily make investment purchases on this basis, are holding to the sidelines because of 1 the confusion. Chicago Primary Receipts —Feb. 13— —Bushels— Todav. Last week. Wheat 852 000 317.000 Corn 1,175.000 730.000 Oats 267,000 130.000 Chicago Futures Range —Feb. 14WHEAT— Prev. High. Low. 10:00. close. May 90% .90 .90% .90% July 89% .88% .89% .88% Sep’ 90% .89*. .90% .90 CORN— May 52 .51% .52 .51% July .54 .53 7 a .54 .54 Sept 56 .55% .56 .55*4 OATS— May 36% .36% .36% .36*4 July 36% .36% .36% .36% Mav .61% .60*4 .61% .60% July 62% .62% .62% .62 Sept 64 .63% BARLEY— May 4 50 .50 July 51 .50% CHICAGO CASH GRAIN By United Press CHICAGO. Feb. 13—Cash grain: Wheat —No. 2 hard. 88%®90%c: No. 3 hard, 89c; No. 5 hard. 85%c: No. 1 dark hard. 91%c. Corn—No. 2 mixed, 49c; No. 3 mixed. 48% il 49c; No 4 mixed. 47%/@4B%c; No. 2 yellow. 49%®50 1 4C; No. 2 yellow, old. 50%c; No 3 yellow, 47%|49%c; No. 3 yellow. old. 50%®50%c; No. 4 yellow. 47%®) 48%c: No. 4 yellow, old. 49%c; No. 5 yellow. 46%®48%c; No. 6 yellow, 48c; No. 2 white. 49%®49c: No. 3 white. 49®49%c; No. 4 white, 47%c; No. 5 white, 47c; No. and white, 46c; sample grade white, 38c. Oats —No. 2 white, 37%'/39%c: No. 3 white. 36*4®37c; No. 4 white, 35®36c. Rve— No. 1 lowa. 63c; No 1 Illinois, 65%c. Barley—s4®79c; quotable. 50®81c. Timothy—. $7.25®'7.50. Clover seed—sll® 14.35. Cash previsions: Lard. $6 42; loose, $6.07; leaf. $6 12: S. belleis. $7.62. TOLEDO CASH GRAIN By United Press TOLEDO. Feb. 13—Grain close: (Grain in elevators, transit billing). Wheat—No. 2 red. 93® 94c. Corn—No. 2 vcllow. 55®! 2, 670?68c. /Track prices, 28%c rate). 56c. Oats—No. 2 white. 41®42c. Rye—No. Wheat—No. 1 red. 89%® 90c; No. 2 red. 88 %® 89%c. Corn—No. 2 yellow. 50%®) 51 %c: No. 3 yellow, 49®50%c: No. 4 yellow,. 47%®49c: No. 5 yellow 46®47%c. Oats—No. 2 white. 38®39c: No. 3 white. 37%c. /Toledo seed closei. Clover—March. $8.25. Alsike—Cash. sßio. ST. LOUIS CASH GRAIN By Vnited Press ST. LOUIS. Feb. 13.—Cash grain: Wheat—ln good demand, steady to %c lower; No. 2 red, 91%®93c; No 3 red. 91®! 92c; No, 2 red garlickv. 89®'90c; No. 3 red garlickv. 30%c; No. 1 hard. 91c: No. 2 miked. 90c. Corn—ln fair demand, unchanged. to % c lower: No. 8 yellow. 49 ® 49%c: No. 3 yellow. 48® 49c: No. 4 yellow, 47c; No. 5 yellow, 47c; No. 1 white, 50c; No. 3 white 49%c. Oats—ln fair demand, unchanged; No. 3 white 37c; No. 4 white. 36%c: No. 1 mixed. 38c- No. 2 red. 38% ® 39%c; No. 4 red. 37%c.

Indianapolis Cash Grain

—Feb. 13— 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—Easy; No. 1 red. 82%®83%e; No. 2 red, 81%@82%c; No. 2 hard. 81%@ 82 %c. Corn—Easy; No. 3 white. 43®44c; No. 4 white. 42® 43c; No. 3 yellow’, 42®43c; No. 4 yellow, 41®-42c; No. 3 mixed. 41'&42c; No. 4 mixed, 40®41c. Oats—Steadv: No. 2 white, 32 1 / 2 4533%c: No. 3 white. 31 %® 32%c. —lnspections Wheat—No. 1 red, 1 car; No. 2 red. 3 cars; No. 1 hard, 2 cars/ Total. 6 cars. Corn—No. 2 yellow. 22 cars; No. 3 yellow. 45 cars; No. 4 yellow', 19 cars;' No. 5 yellow. 1 car; No. 6 yellow, 1 car; No. 2 mixed, 1 car; No. 3 mixed. 1 car; No. 4 mixed, 1 car. Total, 131. Oats—No. 1 white. 1 car; No. 3 white. 19 cars; No. 3 white. 5 cars; No 4 white, 5 cars; sample white, 2 cars; sample mixed. 3 cars. Total, 35 cars. INDIANAPOLIS WAGON WHEAT City grain elevators are paving 82 cents for No. 2 soft red wheat. Other grades on their merits.

On Commission Row

—Feb. 14Fruits Cranberries—Cape Cod early blacks. 25lb. box, $2.25. Pears Washington D AnJou, 90-1655, $2.50: Avacados. Fla., 14-20s. crate. $1.50. Strawberries—Florida. 15c per pint. Bananas—Per pound, sc. Apples Wealthy. Wolf River Grimes Golden. Jonathan, Florida. $1.35/22.25 a bu.. fancy Staymans, $2.25 a box. Grapefruit—s3.2s® 3.75. Orange—California Navels. $3.75 a bo*. Vegetables Cabbage Eastern Danish. 50-lb. bag. $1.50: new Texas, half crate, $1.35. Onions—lndiana white. 50-lb. bag. *1.40; Indiana yellow. 50-lb. bag. $l5O. Beans—Round stringless, hamper. $3. Beets—Bulk per bu.. $1.15: Texas, new *1.75 a crate. Peas—4s-lb. crate. $5 50. Carrots—California. $3 a crate; per doz. 60c: bulk per bushel. $1.15. Cauliflower—California (10-11-12S). crate. $1.60. Celery Michigan Mammoth, dozen. 75c; medium bunch. 45c; hearts, *1 65; California. $2.75 a crate. Cucumbers—Hothouse. $1.40 per dozen. Lettuce—lceberg, best (4-ssi. crate. *3.50: hothouse. 10-lb. basket. 85c. Radishes—Hothouse button. 60c down. Spinach—New Texas. $1 per bu. Turnips—Per bu.. 90c. Tomatoes—3o-lb. carton. *1.25. Potatoes—Northern round white*. 100-lb. bag. *2.35: R. R. Ohios. 100-lb. bag. *2 35; 15-lb. bag. 40c: Idaho Russets, 100-lb. bag. *2.75: Texas Triumphs, new. 50-Ib. bsCT $2 Sweet Potatoes—Nancy Halls, per bu.. $1.65. GROSS INCOME TAX IS ATTACKED IN SUIT Dairy Company Files Second Court Action Against State Law. Another suit to enjoin collection of the new gross income tax. on the grounds that it is unconstitutional, was filed yesterday in superior court five by William R. Roberts & Sons, dairy firm. Several similar suits have been filed in county courts here in the lats five weeks. The Roberts petition asks that in event the law is ruled constitutional, the court hold that the company be charged only one-fourth of 1 per cent tax instead of 1 per cent being charged now. AIR SERVICE CONTINUES American Airway Head Says No Change Contemplated. The following announcement was received this morning from Lester D. Seymour, president of American Airways, Inc., Chicago, by T. E. Griffin, local traffic manager: “American Airways will carry on, with no curtailment of schedules or services contemplated at this time.’*