Indianapolis Times, Volume 45, Number 252, Indianapolis, Marion County, 1 March 1934 — Page 15

MARCH 1, 1934

Prospect of Currency Inflation Next Summer Is Seen by Some Bankers in Financial District. ' BY RALPH HEVDERBHOT Time* Special Financial Writer Although talk of Inflation has about disappeared in the last week or so. particularly since President Roosevelt decided upon trial dollar stabilizing. leading bankers are not so certain it has passed out entirely. In fact, some are very cerfain it will rear its head again, and when it does there 1* a strong possibility, they maintain, that greenbacks will find their way into circulation. A great deal will depend on the course of business, it is admitted, and little danger of currency inflation is indicated until some time next summer. The next few months are expected to result in a sharp expansion in trade, and it is possible that the expansion will absorb into private

ranks many of the workmen who are now being employed, either directly or indirectly, by the government. It is known, of course, that, although seemingly quiet, the so-called inflationary interests are not satisfied with their achievements thus far. They want the government to cease borrowing and pay for its expenditures with newly created currency. The workers on the government pay roll probably are not particularly concerned where their wages are coming from, but if. as has been promised, these wages cease, the inflationists are likely to have plenty of adherents. u u u Willing to Help Business The government apparently is not desirous of additional inflation. It seems to be hopeful that business will pick up sufficiently to take the load off its back, and Washington reports indicate that it is prepared to lend financial assistance to industry

Ralph Hendershot

to help make that possible. Any new threat of inflation would make it all the more difficult for the government to raise the money with which to aid industry and consequently would not be desirable at this time. A revision of the securities act would help materially in avoiding currency inflation later on. The security markets have improved sufficiently of late to indicate that long-term stocks and bonds could be sold if offerings were made. But underwriters are unwilling to assume the risk of placing securities on sale in view of the rigid provisions of the act. Corporations can not borrow long-term funds from the banks, and they can not make capital expenditures with short-term'accommodations. Always in the past capital expenditures have played an important part in raising business out of depression. mum bum Factors in Situation Passage of the Fletcher-Rayburn bill would further complicate matters, for it w'ould tend to further disrupt capital markets. And even though it were conceded, which it is not, that destruction of speculation in the stock markets would be a good thing eventually, the question of whether or not it would be a good thing at this time would still remain. If the clamps already on the capital market are to remain intact, and if new restrictions are to be added to them, the chances are that the government will be obliged to help industry out in a big way with long-term funds, assuming, of course, that it is to count on private business absorbing the unemployed. And the more money the government is obliged to furnish business the greater is the danger of currency inflation.

New York Stocks

' (By Abbott. —March 1— Prev. High. Low. 10 30. Close. Oils— Amerada ....... . ... ... 47% Atl Rfg 30' a Barnsdall S'a 8% Consol Oil 12 T u 12% 12% 13 Cont of Del 18% 18'a Houston inewi ... ... ... 4’* Houston toldi . . ... 26 Mid Cont Pet .... ... . 12*4 Ohio Oil 14 13% Pet Corn ....... .. . 12 s , Phillips Pet .. 16’, 16'* 16’. 16 s . Pure Oil 12’. 12% Royal Dutch 38'. ... Sbd Otl 34 34 Shell Un 10% 10 s . Simms Pet 9% Skellev Oil . 10' Sen Vac ... 17 16% S O of Cal . 38% 8 O Os N J 46'a 46'a Texas Corp ... 26'. 26'a Tidewater Assn 10% 10'a 10% 10'a Un Oil of Cal 18 18% Steels — Beth Steel 45', 43'. 45% 44’. Bvers AM 27 % Col Fuel A- I 74 Cruc Steel ... 33% 33'a Gulf S Steel 40 Inland Steel ... ... 45'a Ludlum Steel ... 17'. 17'a McKeesport T 90'a Natl Steel 51% Rep I A S1 22' 22 s . Rep I A- S pfd 62'a U S Smelt 125 124'a Vanadium ... 27'. 27% Mid Steel 10 s . U S Pipe A Fdv 28'. 2814 U S Steel 54’. 54’. 54’. 54' a U S Steel pfd 93 93 Youngstn SAT.. 28'a 28'a Rail.— Atchison . ... 64% 64’* Atl Cst Line . 48 B A O 29 s . 29', 29 s . 30'. Can Pac .... 15 s . 15'a 15 s . 15'.. Ch A Ohio 43’. 43* 43’. 43'a Chi A Gt W 4 s . C M A St P .. 6 s , CMA St P pfd 10% 10'a Chi N W s'. Chi R Isl s’, Dels A Hud ... 63 s . 63’. Erie 21 21’* Grt North pfd ... ... 26’. 27’. 11l Central 32’. 32'. K C Sou 16 Lou A Nash .... ... 55 M K A T 12'. Mo Pac 5% Mo Par pfd ... 7’. 7’. N Y Cent 37 s * 37 s . N Y Chi A St 1 21 NY CASt L pfd 29*4 30% N Y Hen Haven 18% N Y Ont A Wes 10'. Norfolk A Wes . .. 170 ... Nor Pac 29’. 29'a 29’. 30’. Penn R R 34'* 34', Sou Pac 28', 27’. 28’. 27’. Sou R R 3030'a 30’, 30 s . Sou R R pfd . 35 36 Union Pac ... 125'a 125 a Wabash 4'. 4 4'. 4% West Mary ... 15% 15 Motors — Auburn . • •• • 52 Chrysler 55’ 55* 55 Gen Motors 38** 38’ Graham Mot 4 4 Hudson Hupp •• ,5. Mack Truck 35’. 35'. Nash 26’. 27 Packard ... s'a ■}% Reo 4’. Sludebaker ... " < Yellow Truck .. ... ... * Motor Access— Bendlx . 13’* 13' 4 Bohn Alum . 61 ’4 60 4 60% 60 s . Borg Warner . . 24 Hriggs 15' 2 15' a Budd Wheel 4'. Eaton Mfs 20'4 19% Elec AM to Lite . ?B'a 23% 28'a 28', Houd A s'a Mullins Mfg . .. ■ 11*4 Murray Body 9’. 10 Stew Warner 9’. Timken Rol ... ... 36'4 Mining— Alaska Jun 20 19% Am Smelt 454 44% Anaconda ... 14*4 Cal A Hecla 5% Cerro De Pasco. .. ... 35 35 Granby ... . 10 s , Gt Nor Ore 13% 14 Howe Sound 45’. 46% Ins Copper ... • . 5% In' Nickel 23% 23 s , 23 s . 23 s . Kennecott Cop . 19% 19 s * 19* 19* Norand? Cop ■ 34% Phelps Dodge .... .. 16’* 16-. Tobaccos — Am Snuff ... A 53 a Am Sum Tob .... ... It 18 Am Tobacco A <2 <2% Am Tobacco B <♦ Gen Cigar 33 Ligg A Myers B .. ... ... 8< Lornllard 17% I<* Reynolds Tob B. .. ... ... 40’, Equipments— Allis Chalmers . . . ... 19 Am Car A Fdv 28’a 28 28% ... Am Loco . . 35 Am Mach A Fdv 16% 16% Am Steel Fdv 21% 21'a Bald Loco 13 13 Burroughs ... . 16% Case J I 73% Cater Tract 28’a Colgat Palm eet. .. ... 15 s . 15% Congoleum ... Foster Wheeler ... ... ... 19 Gen Am Tnk Cr. .. ... 40% 41 Gen Elec 20 s . 20% Gen R R Sig ... 40% 41 lngsol Rand 66% Int Bus Mach .... ... ... 144 Int Harvester ... 18% 40% Kelvmator ... ... 18% Natl Cash Reg 20 Proc A Gamble .. ... 38% 39 Pullman Inc 54% 54% Simmons Bed .. . . 19% 19% West Air B .. 31 31 Westingh Elec 37% 38% 38’. 38% Worthington P 26 Utilities— Am A For Pwr 9 8% B’. 10 Am Pow A Lit. ... 9% A T A T ... 120 119% 120 120% Am Wat Wks 2t% 21% Col Gas A Elec 15% 15% Col G A E pfd 75% ... Com A Sou 2% 2% COnsol Gas .. . ... 39% Elec Pw A Lit. 7% 7 7% 7% E P A L pfd. . 13% Int T A T 14 13% 13% 14% Lou GAEA.. 18'; Nat Pwr A Lit 11% 11% North Amer 19% 14% Pac G A E 19 s , 19% Pub Serv N J 38% 38% 80 Cal Edison 18% 18% Std Gas 13 12% United Corp 6% 6% Un Ga Imp 17 s . 17% Ut Pw A Lit A 4 Western Union 54% 54% Rubbers— Plrestonq 21’. Goodrich 19 16 flOHllj—l 36% U S Rii osr .... .. 18% 18% V 8 Rubber pfd 42% 42 42 42 s . V 8 Rubber pfd 42% 42 42 42% Kel Spring ... 3% Amusement.— Fox The. ... ... 14% Loews Inc 31% 31 31% 30% Radio Corp ... 7% IV

Wall Street

Hoppin St Cos.) " 1 I RKO 3'* Warner Bros 6 3 4 e l * | Food*— j Am Sugar 52 3 * 53' Armour A 6'* 8* Beatrice Cream 15' 2 , Borden Prod 22 s * 23 1 Cal Packing 24' 2 i Can Dry G Ale . 25 ; Cont Bak A 11 > 2 I Corn Prod ... ... 71' 2 j Crm of Wheat .73 I Gen Foods .73'* 33'* 1 Gold Dust 19', 193,, i G W Sugar . . ??' 2 ?r> 4 Natl Biscuit .. . 40' 2 40'* 40 3 * 40' 4 1 Natl D Prod ... IUN 15 Purity Bak ... . . 15’, 1 S Porto Rico Sug . . . 33 1 * 34V, Std Brands 21'-. 21'2 [United Fruit ... 841* Wrigley 58’* Retail Stores— Asso Dry Goods. 17', 17 17', 16' 2 Best *Co 30% 3P* I Gimbel Bros s’* 5> 2 | Gr Un Tea 714 I Hahn Dept Sts. .. ... ’7 Jewel Tea . 44 44' 2 Kresge S S ... 19 s , 19 5 * Kroger Groc ... 30% Macy R H ... . . 535,* May Dept St ... . 38'i Mont Ward .. . 30 1 * 30> an 7 *33 3 , Penny J C ..62 ’ 2 62’* 63' 2 61' . Safeway St ... ... 535* Sears Roebuck 46 Woo! worth 50' a 50'.f Aviation— Aviation Corp .... ... 7 s * 754 Douglass Air 23V* Curtiss Wright ... ... 4'* 4'4 Curtiss Wright A 9 7 10 Nor Am Av\ 5 7 * 6 United Aircraft . 24 5 * 24'-. 24 ! 2 24 J 4 Chemical*— Air Reduction 98'i j Allied Chem ... 152 | Am Com A1c0... . ... 50V* 49*4 ; Col Carbon 66' 2 Com Solvents . 27', 27 27 27'4 | Dupont 99 98 7 * [Freeport Tex 46' 2 46 3 / 4 I Liquid Carb ... . 27'/* ! Math Alkali ... 35'* 35' 2 [Tex Gulf Sulph. .. ... ... 38'* I Union Carbide 441 2 U S Ind Alco 53 Nat Dist inew).. .. ... 25'4 26V4 J Drug*— ! Coty Inc 7 7*/* Lambert 27', 27 Lehn 8/ Fink ... ... 19 Zonite Prod ... 6 s , 6 3 4 Financial—- ! Adams Exp 9'* 9'4 Allegheny Corp 4 4 i Chesa Corp ... ... 39 3 4 , Transamerica ... 7 7', 1 Tr Conti Corp 5 3 s', Building— Am Radiator ... ... 14'** ■Gen Asphalt ... ... 18' 2 | Int Cement 30 3 4 Johns Manville 56 Libbv Owens Gls 37 <4 Otis Elev 16' 2 17V. Miscellaneous— Am Bank Note.. .. ... ... 20 Am Can ... 101 102' Anchor Cap 20V Brklvn Man Tr 31 Conti Can ... 77' 2 Eastman Kodak. .. ... ... 90' 2 Owens Bottle 87'* Gillette 11' 2 U 3 * tl 3 , ll' | Glidden 23 22'2 Gotham Silk 9' 2 Indus Ravon . . . 8.3 Inter Rapid Tr 9 Real Silk Hose.. .. ... ... 11 New York Curb ißv Abbott, Hoppin <fe Cos.) —Feb. 28Close Close Allied Mills R‘ 2 Gen Aviation 6 7 Alum Cos of Am 71' 2 31 en Alden Coal 19's Am Beverage 2' 2 Gulf Oil of Pa 69 Am Cvanide B 17 3 4 Hiram Walker . 49 Am &F P War 6 3 4 Hud Bav Min. . 10 Am Gas El 27 Humble Oil ... 41 '4 Am Superpower 3 s , Imp Oil Ltd . . 13 7 , Asso Gas & El 13,l 3 , Int Petrol 22 Atlas Corp 13 Lake Shore Min 44 3 , Brazil Tra 8r L 12' 4 Lone Star Gas . 6 7 British Celanese 3' 2 Massev Harris 6 s , Can In Ale (A) 16', Natl Bellas Hess 3 Can Marc .... 3* Newmont Min.. 51' 2 Carrier Corp . 6 3 4 Nia Hud Pwr . 7', Cities Serv 3** Novadel Agene 66 Commonwlh Ed 53' 2 ?an-.Am Airways 40' 2 Consol Gos Bal 60 "ark Davis 24' 2 Cord Corp . . 6 7 * Penn Road 3’ 4 Creole Petrol 11’, St Regis Paper.. 3 7 , Crown Crk Inti 7', Sal Crk Prod .. 7 Deere &• Cos - 30',Sherwin Wms. . 62‘, Distillers Lim 21 7 , Std of Ind ... 28 3 4 Distillers Corp 20 ; , 3td of Kv 16 Dow Chem 71‘ 2 Technicolor Ind 9 3 , El Bond & Sh 17 Teek Hughes G. 5 7 , Fisk Rubber 18', Un Gas 2 7 * Ford of Can IAI 22-VUn Pwr A- L (A) 3 7 Ford of Europe 7'* Wri Harg Min. 7 3 4

Federal Farm Loan Bonds

ißv Bivth & Cos., Inc.) —Feb. 28— Bid. Ask. 4S. Nov. 1. 1957-37 93' 2 94’ 4 4s. Mav i, 1958-38 94' 2 94® 4's. July 1. 1956-36 94' 2 95 3 4 4',s. Jan. 1 1957-37 94' 2 95’, 4',s. Mav 1. 1957-37 94' 2 95 3 4 4' 4 s. Nov. 1. 1958-36 94'2 95* 4 4' 2 s. May 1. 1942-32 96' 2 97 J * 4> 2 s, Jan/ 1. 1943-33 96' 2 97 3 4 4' 2 s Jan 1. 1953-33 95' 2 96 3 4 4' 2 s. July 1. 1953-33 95'2 96 3 4 4' 2 s. Jan 1. 1955-35 95' 2 96' 4 4' 2 s. July 1. 1955-35 95' 2 96% 4' 2 s. Jan 1. 1956-36 95' 2 96 3 4 4' 4 s. Julv 1. 1933-33 96' 4 97' 2 4' 4 s. Jan 1. 1934-34 96% 97' 2 4% s Julv 1. 1934-34 96' * 97'2 5s Mav 1. 1941-31 99 7 , 100 5 , ss. Nov 1. 1941-31 99 7 , 100 5 Home Loan 4s. Julv 1. 1951... 94*, 95',

Retail Coal Prices

The following prices represent quota, tlons from leading Indianapolis coal dealers A cash discount of 25 cents per ton is allowed DOMESTIC RETAIL PRICES Anthracite $4 25 Coke, nut size 8.75 Coke, egg size 8 "5 Indiana, forked lump 5 50 Indiana, egg 500 Indiana, mine run 4 75 Kentucky lump 700 Pocahontas lump 8 25 Pocahontas egg 8.25 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 wheeUng eofi. and |X a ton for coal carried to bln.

STOCK VALUES DOWN SHARPLY AT MID-SESSION Selling Drive Forces Issues Fractionally to Over 4 Points Lower.

Average Stock Prices

Average of thirty industrials for Wednesday. High 103 37. low 103 09. close 10346. off .21. Average of twenty rails: 48.65. 47 57. 47.80. off 14. Average of twenty utilities: 27.11. 26 34, 26 45. off .19 Average of forty bonds: 91.61. up .14. Average of ten first rails: 97 34, up .04. Average of ten second rails 81.56. up .09. Average of ten utilities: 94.91, up .16. Average of ten industrials: 92.75. up .29. BY ELMER C. WALZER United Press Financial Editor NEW YORK, March 1. Stocks were dull and steady at losses of fractions to 4 points today in the early afternoon trading. The list experienced a brief shakeout in the second hour, with sharp acceleration of dealings. Thereafter it was quiet with fluctuations around the lows. Hardest hit was United States Smelting, which broke from its high of 125 1 - to 120, where it was off 4% points from the previous close. Other silver issues were depressed correspondingly and silver metal declined on the commodity exchange. Allied Chemical held around 149 %, off 2‘/i; Louisville & Nashville, 53*2, off 1 ’2; American Telephone, 119 1 2 , off 1; United States Steel, 53Vs, off 1; American Can, 101, off 1%; Bethlehem Steel, 43 Vi, off 1 '4, and Chrysler, 54. off 114. A favorite on the upside w r as J. C. Penney, which gained 3% points to 6414. Pathe Exchange A was included in the ten most active issues. It gained fractionally and other amusements held around the previous close. Oils also were practically unchanged. A feature of the day was the absence of the so-called "cats and dogs" in the list of active shares.

Bank Clearings

INDIANAPOLIS STATEMENT —March 1— Clearings $1,821,000 Debits 5,519,000 TREASURY STATEMENT By United Press WASHINGTON. March I—Government expenses and receipts of the current fiscal year to Feb. 27, compared with the corresponding period of the previous fiscal year: This Year. Last Year. Expenses $4,209,259,131.61 $3,331,678,707 47 Receipts. 4,688.220.849.54 1.246.364.541.47 Surplus. 478,961.717.93 x 2,085,314.166.00 Cash bal. 4.949.649.027.70 xDeficit.

Bond Prices

(By Fenner & Beane) —March 1— High. Low. 10:30. Alleg Corp 5s 'SO ... 34 3 4 AmftFP 5s 2030 49'2 A T & T db 5s '65 107 Atchison gen 4s 95.... 99V 2 99% 99' 2 B A O cv 4' 2S '6O 69 Beth Steel 5s A '42 . . . . 106',i Can Pac 4s 57 76 3 4 76 76% CMSP&P adj 5s A 2000 19'/ 2 19% 19'2 CMSP&P rs 5s A ’75 . . 49 7 , 49% 49% Cons G N Y 4'is ’sl. 98% 98'% 98% Denmark 5%s '55 92% Det Ed 5s E '52 103 Erie R R rs 5s 67 70% 70% 70% Goodyear 5s '57 95 Gt Nor 4%s D ’76 78 % Gt Nor 7s A ’36 94% Interboro R T 5s ’66 .. .. ... 70 Int T & T db 5s ’55 60 McKees & R 5%s ’SO .. 72% 72 72 Nat Dairy db 5'/ 4 s ’4B . .. ... 87% N Y Cent 4%s O 2013 73' 4 Penn R R 4%s D 81.. 93% 93 93 Poland 7s '47 97 96% 97 Shell Un Oil 5s 47 95% Sin Cons 6Vis B '3B 103%’ Texas Corp 5s ’44 100% Tob P N J 6Vis 2022 104% Un Pac Ist 4s '47 102 101% 102 U S Rubber 5s A '47 .. 78 77% 78 West Un 5s 'sl 88% 87% 88% Ygstwn S A T 5s B '7O 86

Foreign Exchange

(By Abbott, Hoppin & Cos.) —Feb. 28Close. Sterling. England $5.06% Franc. France 0657% Lira. Italy 0864'% Belgias. Belgium 2333 Mark. Germany 3963 Guilder. Holland 6720 Peseta. Spain 1356 Krone. Norway 2550 Krone. Denmark 2267

Investment Trust Shares

(By Abbott, Hoppin & Cos.) —Feb. 28Bid. Ask. American Bank Stocks Corp.. 1.17 1.21 American & General Sec A... 5.00 7.00 American & Inv Tr Sh 1.75 2.50 Basic Industry Shares 3.52 3.60 British Type Inv Tr Sh 65 .75 Collateral Trustee Shares A.. 4.75 4.87 Corporate Trust Shares (old) 2.13 2.17 Corporate Trust Shares (newt 2.41 2.46 Cumulative Trust Shares 4.20 4.28 Diversified Trust Shares IAI.. 6.25 Diversified Tr Shares 8,25 8.50 Diversified Tr Shares 1C1.... 3.27 3.31 Diversified Tr Shares (D>.... 4.92 5.05 First Insurance Stock Corp. 1.25 1.30 First Common Stock Corp 90 1.07 Fixed Trust Oil Shares iA).. 8.75 9.00 Fixed Trust Oil Shares 181 7 75 8.00 ncorporatlors Investments.... 18.62 19.75 Lana Bank Bond Shares 1.05 1.17 Low Priced Shares 6.38 6.42 Mass Inv Trust Shares 19.20 20.85 Nation Wide Securities 3.52 3.60 North Amer Tr Sh |53) 1.90 1.94 North Amer Tr Sh (55) 2.42 2.47 North Amer Tr Sh (58) 2.65 2.75 Selected Amer Shares 3.25 Selected Cumlative Shares.... 7.20 ... Selected Income Shares 3.50 3.75 Std Amer Tr Sh (A) 3.06 3.10 Tr Shares of America 2.89 2.93 Trustee Std Oil (A' 5.70 5.80 Trustee Std Oil (Bt 5.25 5.50 U S Elec Lt A Pwr (A) 12.50 13 00 Universal Trust Shares 3.15 3.19

U. S. Government Bonds

By United Press NEW YORK. Feb. 28 —Closing Liberties. Decimals represent thirty-seconds). Liberty 3% (32-47 102. First 4Ls 132-47) 102.21 Fourth 4%s (33-38) ..102,30 Treasury 4' 4 s-3 V s 145 > 100.7 4Vs (47-52) 108.20 3%s (43-47 100.30 S',s (41-43) March 100.26 3%s 140-43) June 100.29 3' is 1 41 1 .100.8 3%s i46-49l 98.27 3s 151-55) 97.8

Daily Price Index

By l sited Press NEW YORK, Feb. 28 —Dun A Bradstreets's daily weighted price index of thirtv basic commodities compiled for the United Press: (1930-1932 average, 100) Todav 108.60 Yesterday 108.13 Week ago 108.53 Month ago 105 59 Year ago . 68.51 1934 High 'Feb. 17) 109.18 1934 Low ijan. 3' 101.05 (Copyright. 1934. Dun A Bradstreet, Inc.) TRAVELER TO LECTURE European War Authors to Be Topic at I. U. Session. Samuel Yellen. traveler and author, will lecture on Erich Remarque, author of "All Quiet on the Western Front,” and Henri Barbusse, writer of "The Road Back,” at 8 tonight in the Indiana university extension division, 122 East Michigan street

THE INDIANAPOLIS TIMES

Bright Spots

IBv Abbott. Hoppin A: Cos.) Southwest Pennsylvania Pipe Line Company declares the regularly quarterly dividend of *1 on the common stock, payable April 2 of record March 15. Denver and Rio Grande Western Railroad Company January deficit was $163,493 after charges against $332,136 in January of 1933. Johns-Manville Corporation and subsidiaries report for year ended Dec. 31 shows earnings of 51.40 a share on the 7 per rent preferred stock against a net loss of $2,680,873 in 1932. Electric output in the United States in week ended Feb. 24 increased 15’ 2 per cent over the previous week. William Wrigley Company and subsidiaries report for 1933 shows earnings of $3.76 a share against $3.54 in 1932. Crucible Steel Company for 1933 reports a net loss of $354,750 after all charges against $3,613,616 in 1932. Electric Bond and Share report for 1933 shows a net income of $10,735,268 after expenses and taxes, equal after preferred dividend payments to 41 cents a share on 5,267.147 shares of common stock, against $13,566,666 or 90 cents a share on 5,190,275 shares in 1932. Union Carbide and Carbon Corporation declares the regularly quarterly dividend of 25 cents a share on the common. Anchor Cap Corporation in 1933 earned $1 51 a common share against 74 cents in 1932. American Safety Razor Corporation based now on a $4 par against $3 previously earned $4.12 a share in 1933 against $3.29 in 1932. Gillette Safety Razor Company declares the regular quarterly dividend of 25 cents. American Cigar Company declares the regular quarterly dividend of $2 on the common stock. Mathieson Alkali declares the regular quarterly dividend of 37’ 2 cents on the common stock. Mack Truck Company in 1933 had a net loss of $947,909, against $1,479,598 in 1932. Coca Cola Company declares the regular quarterly dividend of $1.50 on the common. Sears-Roebuck sales in the January period were $20,386,475, against $15,661,617 in the same 1933 period. Pennsylvania Railroad Company car loadings for own lines and connections in week ended Feb. 24 totaled 87,991 cars against 89,916 cars in the previous week and 71,986 cars in the like 1933 week. United Gas and Improvement Company electric output for week ended Feb. 28 was 72,768,338 kilowatt hours against 63.667,290 kilowatt hours in the like 1933 week. Lorillard Company declares the regular quarterly dividend of 30 cents on the common. Hercules Power Company declares a quarterly dividend of 50 cents on the common stock; previously paid 37 1 2 cents a share quarterly.

Chicago Stocks Bv Abbott HoDnir & Cos. ' TOTAL SALES. 43,00 SHARES —Feb. 28. High. Low. Close. Abbot. Lab . 46 Allied Products 18% 18 18 Altorfer Bros 24% 22% 22% Asbestos Mfg 3Vi 3% 3% Asso TATA 7% 6% 7 Bastian-Blessing ... ~. 7% Bendix Aviation . 19% 19 19 Borg-Warner . . . 25% 24% 24% Borg-Warner pfd 99% 99% 99% Brown Fen & Wire B ... 4% E L Bruce Cos . . 14% Butler Bros 11% 10% 10% Cent 111 Pub Serv pfd 19 18% 18% Cent A So West ... 1 % Cent A S W P L pfd . . 12 Chi A North West 13% 12'% 12 % Chi Corp Com 3‘, 33% Chicago Corp pfd . .. 28 Cities Service . 3% 33 Commonwealth Edison 54 % 53% 53% Cord Corp 7% 7 7 Crane Cos 9!, 9 9 Crane Cos pfd 60 59 59 Electric Hsehold ... 12% Goldblatt Bros ...... 16% 16V, 16% Great Lakes Aircraft ... .. 1 Great Lakes Dredge . ... 19% Gen House Util .. . 14 13 13 Hall Printing 8% 7% 8 Houdaille-Hersh A . . . 19% Houdaille-Hersh B 5% 5% 5'% Illinois Brick ... 6 Iron Fireman .. . 12 Kalamazoo Stove . . 24% 24 24% Katz Drug ... 31 Kellogg Switch, com ... 3% Keystone Steel pfd ... 75 Libby McNeil 5 Lindsay Light 2% Lvnch Corp 35'% 35% 35% Marshall Field 17 16% 16% McWilliams Dredg Cos . 21% Mickelberry’s Food P.. 2% 2% 2% Middle West Utilities. . .. .% Mid West U 6% p A . 2'4 2 2 Monroe Chemical ... 8% Monroe Chemical, pfd . . ... 23 % National Leather ... 2% National-Standard . . ... 26 Noblitt-Sparks Ind Inc . • 14% No Amer Ligt A Pwr . 2% 2*4 2*4 Northwest Engineering . . 6% Oshkosh Overall 5 Penn Gas A Elec 12% Potter Cos 5% 5 3/ s 5% Prima Cos ■ . . 9 Public Service . . • 18 Public Serf N P 19 % Quaker Oats • 116% Swift A Cos 17 Swift International ... 26% 26% 26% Utility A Ind pfd 4% Viking Pump 4% Vortex Cup Cos R% R% 8% Wahl 2% 2 2 Walgreen Cos com 22% Ward Montgomery A • . . . 107 Williams Oil-O-Matic .. . • 4 Wisconsin Bankshares .. ... 3% Yates Machine ... % Zenith Radio ... 3%

In the Cotton Markets

—Feb. 28— CHICAGO High. Low. Close. January 12.60 12.48 12.48 March 12.08 11.95 11.95 Mav 12.18 11.98 12.04 July 12.33 12.16 12.18 October 12.45 12.30 12.30 December 12.54 12.40 12.42 NEW YORK January 12.53 12.37 12.40 March' 11.99 11.83 11.86 Mav 12.11 11.93 11.98 Julv 12.25 12.08 12.11 October 12.37 12.21 12 24 December 12.48 12.32 12.35 NEW ORLEANS January 12.38 March 11.98 11.84 11 84 Mav 12.10 11.90 1198 Julv 12.23 12.05 12.12 October 12.35 12.19 12.24 December 12.43 12.29 12.35

On Commission Row

—March 1— Fruits Cranberries—Cape Cod early blacks, 25ib. box. $2.25. Pears—Calavos (12-16-20-245). $3.50. Strawberries—Florida. 14c per pint. Bananas —Per pound. sc. Apples—Wealthy, Wolf River. Grimes Golden, Jonathan. Florida, $1.35#2.15 a bu.. fancy Staymans. $2.25 a box. Grapefruit—s3.2s® 3.75. Oranges—California Navels. $3.50. Vegetables Cabbage—New Texas, half crate, $1.25. Onions—lndiana red. 50-Ib. bag. $1.40: Indiana yellow’, 50-lb bag. $1.40. Beans—Round stringless, hamper. $3. Beets—Bulk per bu.. $1.15: Texas, new $1.50 a crate. Peas—3oc lb. crate. $3.25 Carrots—California. $2 a crate; per doz., 60c; bulk per bushel. $1.15. Cauliflower—California (10-11-12 st crate $1.60 Celery—Michigan Mammoth. dozen. 85c; medium bunch. 45c; hearts. 35c. California. $2.40 a crate. Cucumbers—Hothouse. $1.15 per dozen. Lettuce—lceberg. best (4-ss), crate. $3.50: hothouse. 10-lb. basket. 75c. Radishes—Hothouse button. 45c dozen. Spinach—New Texas. 90c bu. Turnips—Per bu.. 90c. Tomatoes—3o-lb. carton. $2.25. Potatoes—Northern round whites. 100-lb. bag. *2.25; R. R. Ohios. 100-lb. bag. *2.30; 15-lb. bag. 40c: Idaho Russets. 100-lb bag. $2.60. Sweet Potatoes—Nancy Halls, per bu.. $1.65. CHICAGO FRUIT MARKET By United Press CHICAGO. March 1— Apples— Michigan Baldwins. $1.35® i.60 bushel. Carrots — Illinois. 40® 60c bushel Pinach—Texas. 85 ® 90c bushel. Beans—Southern, green. $2.25 ®2.75 bushel: wax. $2.50® 2.7a. Cucumbers—Central western hothouse. s2® 2.50 2 dozen. Sweet Potatoes—Tennessee. $1.50# 1.55: Indiana. *1.65® 1.75. Rhubarb— Michiean hothouse. 20® 35c 5 pounds. Rutabagas—Central western. 65®75c 50 pounds. Turnips—Centra western. 50® 75c bushel. Mushrooms—lllinois. 17%®32%c pound cartons. Asparagus—California. *2.25® 5 pyramid crates. Onion market. 50lb sacks: Western Valencias. Sl# 1.10: central western yellows. 95c#51.05: western whites. $2 NEW YORK COFFEi FUTURES —Feb. 28— ' SANTOS High. Low. Close. March - •- 10.50 Mav 10 90 10.76 10.76 Julv 11.00 10 8 6 10.88 September 11.30 11 20 11.21 December 11.40 11.32 11.33 RIO January 8.76 March 8-37 Mav 8 60 8.52 8.52 Julv 8 63 8 58 8.56 September 8.66 8.60 8 60 December ........... 8.69 8.65 8.66

PORKER PRICES STEADY TO 25 CENTSLOWER Cattle Market Active and Unchanged: Veals Weak at $7.50 Down. With only slight interest displayed in hog trading during the early session at the city stockyards this morning, prices remained steady to around 25 cents lower than the previous close. Good and choice weights continued unchanged, while underweights showed a decline of 25 cents. The bulk, 160 to 300 pounds, sold at $4.65. Initial top held at $4.70. Weighty porkers, scaling 300 pounds and upward, were selling at $4.25 to $4,35, while lighter kinds, 130 to 160 pounds, brought $3.65 to $4.15. Slaughter classes, weighing 100 to 130 pounds, were salable at $2 to $3.25. Receipts were estimated at 5.000: holdovers, 1.480. Beef steers were active in the cattle market, with tendency slightly higher. Cows continued steady and heifers weak. Initial steer sales held largely at $5.50 to $6.75. Receipts were 1.000, Vealers held steady to mostly 50 cents lower, selling at $7.50 down. Receipts numbered 700. Early trading was scarce in lambs. Bulk of good to choice grades remained stationary at $lO. Few throwouts ranged from $7.50 to $9.50. Other classes were inactive. Receipts were 1,300. Initial asking advanced 10 cents on hogs at Chicago, with no early bids evident. Trading continued slow and scarce. Receipts were estimated at 15.000, including 6.000 directs; holdovers, 5.000. Cattle receipts numbered 7,000; calves, 2.000; market steady to strong. Sheep receipts were 10,000; market strong. HOGS Feb. Bulk. Top. Receipts. 23. $4.80® 4.90 $4.90 5,000 24. 4.65® 4.75 4.75 1.500 26. 5.00 5.00 3.000 27. 4.90® 5.00 5.00 8.000 28. 4.65® 4.70 4.75 7,500 Mar. 1. 4.65® 4.70 4.70 1,300 Market Lower. (140-1601 Good and choice. .. $3.90® 4.15 —Light Weights—--1160-1801 Good and choice ... 4.65 (180-2001 Good and choice.... 4.65 —Medium Weights—-(2oo-2201 Good and choice.... 4.65® 4.70 (220-250) Good and choice ... 4.65® 4.70 —Heavy Weights—-(2so-290) Good and choice.... 4.65® 4.70 1300-350) Good and choice.... 4.45® 4.65 —Packing Sows—(3so down) Good 3.75® 4.00 (350 upi Good 3.50® 3.85 (All weights) Medium 3.50® 3.75 —Slaughter Pigs—-(loo-130) Good and choice.... 2.00® 3.25 CATTLE Receipts, 1,000; market, steady 11.050-1.1001 Good and choice $6.00® 7.00 Common aid medium 4.00® 6.00 (1.100-1,5001-Good and choice 5.50® 7.00 Common and medium 4.00® 5.50 (675-7501 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 3.25® 3.75 Common and medium 2.75® 3.25 Low cutter and medium 1.50® 2.75 —Bulls (yearlings excluded) Good (beef steers) 2.75® 3.50 Cutter, common and medium.. 1.50® 2.75 VEALERS Receipts, 700; market, lower. Good and choice $7.00® 8.00 Medium 4.50® 7.00 Cull and common 2.50® 4.50 —Calves—-(2so-500) Good and choice $7.00® 7.50 Common and medium 2.00@ 3.50 —Feeder and Stocker Cattle) (500-900) Good and choice 4.00® 5.25 Common and medium 2.75® 4.00 (800-1.5001-Good and choice 4.00® 5.25 Common and medium 2.75® 4.00 SHEEP AND LAMBS Receipts, 1,300; market, steady. (90 lbs. down) Good A choice.s9.7s® 10.25 (90-110 lbs.) Good and choice. 9.25®10.00 (90 lbs. down) com. and med. 7.50® 9.25 —Ewes— Good and choice 4.50® 5.50 Common and medium 2.50® 4.50 Other Livestock By United Press CHICAGO. March I.—Hogs—Receipts. 15.000, including 6.000 directs; slow; few saies 5c to 10c higher; 180-250 lbs.. $4.50 ®4.70; top, $4.70; odd lot packing sows, 15c to 25c lower at $3.65®3.90; light lights. 140-160 lbs., good and choice. $3,504)4.25; light weights. 160-200 lbs., good and choice, $4®4.70; medium weights. 200-250 lbs., good and choice, 54.50®,4.70; heavy weights, 250-350 lbs., good and choice, $4.25® 4.60; packing sows. 275-550 lbs.. medium and choice, $3.50®4; slaughter pigs. 100-130 lbs., good and choice. $2.50 ®3.50. Cattle Receipts. 7.000: calves. 2.000; fed steers and yearlings less active than yesterday; about steady; better grade heifers weak to 25c lower: in-be-tween grade yearling heifers weak; cows strong to 25c higher: bulls and vealers fully steady: largely steer run. top. $7.25; slaughter cattle arid vealers. steers. 550900 lbs., good and choice. [email protected]; 9001.100 lbs., good and choice. $6,254/7.50: 1.100- lbs good and choice, $5.25# 7.35: 1.300-1.500 lbs., good and choice, $4.75®7: 550-1.300 lbs., common and medium. ?4® 6; heifers. 550-750 lbs,, good and choice. $545 6.75: common and medium. $3.75® 5: COWS, good. $3.75® 4.25:, common and medium. $3®3.75; low cutter and cutter. 51.75®3: bulls, yearlings excluded.- good beef. 53.75® 3.75; cutter, common and medium. S2 60®3. 3 0; vealers. good and choice. $6.50®8: medium. $5.50 ®6.50: cull and common. $4®5.50: stocker and feeder cattle, steers. 550-1.050 lbs., good and choice. $4.50#5.75; common and medium. $.3.2545 4.75. Sheep Receipts, 10.000; desirable fat lambs in active demand. asking 10c to 25c higher: few up to $10: better kinds held above *10.25: sheep firm; ewes, $3.50®5.50; best light weights higher: slaughter sheep and lambs, lambs. 90 lbs. down, good and choice. $9.25® in. 25: common and medium, $7 25®9.50; 90-98 ibs.. good and choice. $8.50® 10.15: ewes. 90-150 lbs., good and choice. S4® 5.75: all weights, common and medium. 53®4.50. PITTSBURGH. March I.—Hogs—Receipts, 1,500; holdovers, none: slow, 25c to 30c lower: 150-210 lbs.. $5®5.10: 210-250 lbs., $4.75®5; heavier butchers, $4 75 down; 110-135 lbs.. $3.25® 3.75; sows. $3.75 down. Cattle—Receipts. 15: nominal. Calves — Receipts, 50: steady: top and bulk vealers. $8; medium. s6®7. Sheep—Receipts. 500; steady; good and choice sorted lambs. 510.25: common to medium. s6® 9 25; clipped lam's, eligible to sell. $8.25 down. LAFAYETTE. March I—Hogs—Market steadv to 25c lower: 250-300 ibs.. $4.50; .300-225 lbs.. $4.25: 200-250 lbs.. $4.45: 170200 lbs.. $4 40: 150-170 lbs.. $3.90; 140-150 lbs.. S3 65; 130-140 lbs.. 53.40: 100-130 lbs.. 51.75® 3: roughs. 53.75 down; top calves. $7.50; top lambs. $8.50. EAST ST. LOUIS. 111.. March I.—Hogs Receipts, 6.500. including 100 direct: market. slow: opened 15 to 20c higher than yesterday's average: bulk still unsold: top. 54.65: early sales. 170 -240 lbs.. 54.504/4.65: a few' 140-160 lbs.. $3.75® 4.50: 100 lbs., pigs. $2.50; sows mainly $3.50® 3.75. Cattle —Receipts. 2,500; calves, 1.200; market, not established on steers: early indications about steady: undertone weak to lower on mixed yeariiings heifers, cows an<j bulls; vealers unchanged, top $7.25. slaughter steers. 550-1.100 lbs., good and choice. $5.75®7: common and medium. $3,754/6: 1.100- lbs., choice. $5 25® 6 75: good. $4 25® 6 50- medium. s4® 5.75 Sheep—Receipts. 1.200; market, opened fully steady to shippers and citv butchers: choice wooled lambs, slo® 10.25: no action on others, asking stronger prices. Lambs. 90 lbs. down, good and choice. $9.25® 10.25: common and medium. $65.25®9.50: 90-98 lbs., good and choice. s9® 10 25: yearling wethers. 90-110 lbs . good and choice. $6 75® 8.50. ew es 90-150 lbs . good and choice. $3.75® 5 50: all weights common and medium. $2.75® 4.25. By Times Specinl LOUISVILE. March I.—Cattle—Receipts. 250: demand less active than yesterday; general market steady to weak with lower grade cows and spots on steers and heifers. 25c lower, desirable light steers and heifers in best demand: bulk common to medium grade steers and heifers salable. s4®s: well finished kinds mostly $5 25 to around $6 25 for fat babv beef type calves: bulk beef cows. $2.50® 3 50: low cutters and cutters. $1.25®4.25: sausage bulls quotable. *3.50 down: most well bred Hereford stock calves. *s® 5.25. Cajves— Receipts. 250; marke* not fully established; most interests bidding 50c lower or *5.50 ® 6.50 for better grades; medium and lower grades quotable. $5 down. Hogs— Receipts. 800: market. 15c lower: 170-240 lbs.. *4 75; 245-270 lbs.. $4.40: 275 lbs. up. *4.05: 145-165 lbs.. *3 80 120-140 lbs.. $2.90: sows. *2.80: stags. *1.50, Sheep—Receipts. 25: steadv; bulk medium to good iambs, $7.50® 8.50; choice kinds quotable to *9: throwouts mostly $5.50% desirable fat ewes, *2.50&3.

All. Chemical Am. Smelting Am. Can Am. Telephone Am. Tob. B Atchison Chrysler Con. Gas N. Y. DuPont Goodyear

Market Average * B 9 Twenty Active Issues Listed on the N. Y. Stock Exchange.

if OECEMBEg, JANUARY FEBRUARY i 4 n 18 26 2 8 IE 22 29 S )S )7 lb 72 1 72 >WWOVOTir "• n ■^ rir I | 7-1 *7 1 I ! 1 ! ' ' j M, 70 y/ 'w ———-—a 15 9 Ii | }- j i ! 59 •8 i 1 JSS | j j ! ; , ; SS S ' 1 I V/ 1 : I Yll 1 4 Zsool I I ' —i—V- IX--- : ,0 1 2 1 I I | ‘ . _ ; j I [ 1 3Itfann : I I 1 < -I 1 Li_ 1— J “. vou/me sts wont ? r v- 1— - ..."—"J '~ ' — —a

This daily record of the movements of twenty active stocks, averaged, gives a clear view of the market trend. Long pull movements and daily variations are apparent at a glance.

NEW DEAL FOR FARMERNEEDY Roosevelt Goes Ahead With Plans to Aid Rural Impoverished. By United Prats WASHINGTON, Feb. 29.—Completion of the civil works piogram. May 1, will mark the beginning of anew era in humanitarian treatment of the unemployed. The government will abandon cash relief policies, effective during a national emergency, and place its various public agencies and an initial fund of approximately $600,000,000 behind a long-term, threefold plan embodying job-assurance, rather than insurance. The CWA, which provided partial employment for more than 4,000,000 persons at one time on governmentfinanced projects, has accomplished its purpose. Administrator Harry L. Hopkins believes, having placed more than $400,000,000 in circulation and contributed to immediate needs of thousands of indigent families. *. With a brighter future in prospect, a highly trained staff of social workers now actively administering national relief and CWA, will devote their time, after May 1, to a program designed to meet needs of the following three separate groups, who, despite a possible economic upturn, may still require financial aid: 1. Distressed families in rural areas. 2. “Stranded populations.” 3. The unemployed in large cities. Experience has shown that the farmer has been backward in accepting outright charity, preferring an opportunity to render services for which he will be paid either in cash or in kind. Hence, relief funds will be expended in rural areas in a manner to enable farmers to achieve self-support.

BUMS FEAR BATHS MORE THAN WOOD PILE, PASTOR SAYS

Necessity for taking shower baths keeps more professional “bums” away from the Wheeler City Rescue Mission than work in the wood yard, the Rev E. G. Eberhardt, mission superintendent, told the Lions Club yesterday. Mr. Eberhardt cautioned against believing stories of professional panhandlers, who claim to have been turned away from the Mission. ‘The majority of persons asking for money in the street are not hungry,” he said. “Moreover, no one who applies at the Mission ever is turned away.” Music was furnished by John Baker, tenor, accompanied by Miss Louise Baker. President Walter L. Shirley presided. LATE COLD WAVE AIDS 1934 CROP REDUCTION Sub-Zero Weather Causes Heavy Damage, Survey Shows. (Copyright. 1934, by United Press) CHICAGO. March I.—Nature's own crop reduction program—a late | winter cold wave—will sharply cur- ; tail 1934 production of some farm products, a United Press survey showed today. Sub-zero temperatures coming near the end of an unusually open I winter resulted in millions of dollars’ damage to fruit and vegetable ! crops. In other areas, however, the cold benefited farmers by killing boil-weevils and setting back fruit trees enough to save them Trom | later cold weather. Peaches, cherries and apples in i New England and the north central i states suffered greatest damage, i Truck crops in the south were injured less seriously. STATE CANNERS URGE FIXING Favor U. S. Setting Minimum Value at Session HereFederal government action to a minimum price for tomatoes was urged yesterday at a meeting of the Indiana Canners’ Association at the Claypool. A resolution opposing controlled production of tomatoes was adopted. Views of the association on the subject will be presented at a national meeting in Washington on Saturday. Three delegates appointed by Ollie Giiliatt of Vincennes, president, will be sent. Crane Bucket Crushes Hip Prentice Elam, 28, Negro. 1028 Vandeman avenue, suffered a crushed righ hip last night as the bucket on the end of a crane shoved him against the side of a coal car which he was loading at the gas plant. He was .sent to the city hospital. j

IntT. Harvester Johns-Manvtll Nat. Biscuit Pub. S. of N J. Sears Roebuck Stand, of N. J. Un. Aircraft U. S. Steel Union Pacific Westinghouse

Produce Markets

Delivered In Indianapolis Prices—Hens, 10%c; Leghorn hens, 10c; Leghorn spring-er-stags, 6c; large springer-stags, 9c: cocks, sc; Leghorn cocks, 4c; ducks. lull leathered and fat, 4% lbs. and over. 8c; geese, 6c; young guineas, 1% to 3 lbs.. 35c: old guineas. 25c. No 1 strictly fresh country run eggs, loss off 13c: each full case must weigh 55 lbs. gross; a deduction of 10c a pound for each pound under 55 ibs. will be made. Butter —No. 1. 27® 29c; No. 2, 24®25c; butterfat. 22c.—Quoted by W'adley Company. By United Press CHICAGO. March I.—Eggs—Market easy; receipts, 16,283; extra firsts, 16%c: fresh graded firsts. -%%c: dirties, 14c; current receipts, 14%c; checks. 13' 2 c ButterySteady; receipts. 6,837; storage extras 192 score), 23%c; storage standards (90 score). 23%c; extra firsts 190-91 1 2 score). 24® 24 1 2C; firsts 188-89 1 2 score). 23%®24c; seconds 136-87 1 2 score). 22%c; extras 192 score), 24%®24' 4 c; specials. 25' 4 ®2(>c; standards. 24%c. Poultry—Market unsettled: receipts. 26 trucks; turkeys (young). 17®18c: light hens. 14' 2 c; Leghorns. 12c; ducks. 124/ 15c: geese. 10c: old roosters. 9c; broilers. 214/24c; springers icoloredi. 17c; Plymouth Rocks. 174/18c. Cheese—Twins. 14' 2 4/15c; longhorns, 15®15' 4 c; daisies. 154/ 15%c. Potatoes—Old stock, russets, supply moderate: demand and trading good; market slightly stronger; other kinds, demand and trading moderate; market steady; Wisconsin round whites, $1,604/ 1.65; Colorado McClures. $24/2.10; few higher; slightly frozen. $1,904/195; Idaho russets. $2.05®2.15: mostly $2.10; combination grade. $1.80®1.90. New stock—Supply moderate; demand and trading moderate; market about steady; stocks to Jobbers. Florida bushel crates Bliss triumphs, 51.60. CLEVELAND, March 1. Butter—Market steady; extra, 29c; standards. 28' 4 c. Eggs— Market steady; extra white. 16' 2 c; current receipts. 16c Poultry- Market firm; colored fowl, medium. 16c: colored fowl, heavy, 15c: Leghorn fowl. 3' 2 lbs. and up, 13c; Leghorn fowl, light. 12c; springers, smooth, 16c; capons. 8 lbs. and up, 22c; colored broilers, 22c: stags, 13c: roosters, 9c: ducks, white. 5 lbs. and up. 18c; ducks, light, 16c; geese. 12c. Potatoes —Maine best, mostly $2.35® 2.40 Idaho. $2,254/2.40; Ohio best. $2®2.10; Florida best, $1.70® 1.75 a bushel. NEW YORK. March I.—Potatoes—Firm; Long Island, $2,754/2.90 barrel: southern. $2.50® 4 barrel: Maine. $1.60® 4.75 barrel; Idaho. $2.50® 2.65 sack: Canada. $2.15®/ 2.35 barrel. Sweet potatoes—Firm; Jersey, basket. 50c®51.75; southern, basket, 75c® sl. Flour—Quiet; springs, patents. $6.40 ® 6.55 barrel. Pork—Firm: mess. $21.50 barrel. Lard—Steady; middle west, spot. $6.80® 6.90 per 100 ibs. Dressed poultry— Firm; turkeys, 15c®25c: chickens, 10@21c; broilers, 14®35c: capons. 10®32c; fowls. 11® 18c; ducks, 11® 14c; Long Island ducks. 15®15%c. Live poultry—Firm; geese. 84/ 12c; turkeys. 18® 23c: roosters. 10c: ducks. B®'l2c; fowls. 17® 19c; chickens, 13® 17c; capons, 16® 24c; broilers. 134/27c. Cheese —Quiet: state whole milk specials. 19® 20c; Young America. 16c. Marriage Licenses Walter Eaton. 22. of 6112 Primrose avenue. clerk, and Dorothy Privett, 19, of 818% East Main street, housekeeper. William Cochran. 50, Leadigu. Ind.. merchant, and Kathleen Bower. 29. of 5630 West Washington street, housekeeper. Harvey Blackburn. 23. Kessler boulevard, laborer, and Carrie Moore, 19, of 4304 Bertha street, clerk. John Hogue, 35. of 314 East Tenth street. ] truck driver, and Ellen Bernard. 24. of 1102 East Washington street, housekeeper. James Marsh. 29, of 1877 Shelby street. CWA. and Frances Cheek. 18. of 6068 West Washington street, housekeeper. Lawrence Moore. 24. Darlington, Pa., truck driver, and Harriet Monroe, 21. of 1 43.3 North Illinois street, maid. Bezwick Gray. 30. of 1843 Barth avenue, j laborer, and Elizabeth Sielaff, 21, of 1514 West Twenty-third street, housekeeper. Births Harry and Marjorie Behnke, 909 East Tw’enty-second. girl Albert and Marjorie. Moore. Methodist hospital, boy. Deaths Samuel Milton Sanders, 46, 910 Bellefont.aine, lobar pneumonia. C/rl L Poland. 37, city hospital, lobar pneumonia. Lloyd Weldon Bolcourt. 1 mo. city hospital. diphtheria Elizabeth Fischer. 71. 1041 East, Southern. cardio vascular renal di.ease George F Busald, 63, 1126 N Oxford. Influenza. Ora Walker, 43. Long hospital, septi- i caemia Estella Williams, 36. 700 block Indiana j avenue, coronary occlusion. Rudolph G. Boettcher. 75. 1225 East Fifty-second, cerebral hemorrhage. Sanford M Fuller. 36, 1028 1 2 Virginia, endocarditis. Lincoln Chelf. 65. 1219 Yandes, interstital nephritis, Rick D. Fort, 64, 1358 Holloway, cardio vascular renal disease. Other Livestock By United Press FT WAYNE. March I.—Hogs—Steadv; 250-300 lbs.. $4.70; 200-250 lbs.. $4 55; 160200 lbs., *4.45; 300-350 lbs . $4.40; 150-160 lbs., $4; 140-150 lbs. *3.75; 130-140 lbs, $3.50: 120-130 lbs., $3: 100-120 lbs $2 50: roughs, $3.50; stags. $2.25. Calves. $7 50: western lambs. $9.00 native lambs $9.25 CLEVELAND. March 1. Cattle Receipts, 250; market slow and draggy: few sold; choice steers. 750-1.100 lbs., $6 254/ 7- 550-1.200 lbs. S4®6; heifers. 600-1 000 lbs, $4 254/5.50: good cows, all weights. $2 50® 3.25. Calves->-Receipts, 400. market 50c to $1 lower in dull trading; choice - to prime, $74/8; choicfe to good. $64/7; fair j to good, $54/6: common, $44/5. Sheep—! Receipts. 1.000: market active and 10c lower; all sold; choice wethers, $44/5; medium to good. S3® 4; choice ewes, handy- j weight. $3,504/4.50. choice spring lambs. $9.50® 10.25; good to choice. sß® 9. Hogs— ! Receipts. 1.000; market active and 10c J higher; government back In market; 250- : 300 lbs. s4so® .4.75; 220-250 lbs . $4.50® 4.75; 150-210 lbs., $5; stags, $2; roughs, $3; I pigs, $3 254/3.50. NEW YORK RAW SUGAR FUTURES —Feb. 28. Close. January 1.76 March 1.59 May 1 63 July 1.67 September 1.71 December 1.75 PRIMARY CANDIDATES URGED TO REGISTER All Nomimt on Aspirants Must Notify State Secretary, All primary candidates for the offices of congressman, state senator state representative, circuit, superior, criminal and probate judge and prosecutor must register with State Secretary Frank Mayr Jr., between March 9 and April 7. | Registration books, with anew simplified system, have been prepared by Orris R. Hooper, who has j them in charge. Only twenty-nine days are avail- ; able for registration this year, since the last of the thirty days in the : law falls on Sunday. The office will 1 be open until midnight Saturday, i March 9, Mr. Hooper ssgd.

PAGE 15

GRAIN FUTURES TURN IRREGULAR ON DIM NEWS Prices Move In Fractional Range: Cotton Values Unchanged. BY HARMAN W. NICHOLS United Press Staff Correspondent CHICAGO. March I.—There were no important items in the news and prices varied little from the previous finish at the opening of the Beard of Trade today. Wheat deliveries ranged from cent lower to % cent higher, corn and oats were % cent lower to cent higher. Cotton and stocks were steady to a shade lower but were of little interest. Traders looked for dull markets until definite information concerning proposed exchange regulation was received. Relative firmness of distant deliveries, in the face of yesterday's weakness in the nearby futures, attracted the comment of the trade. There has been quite a volume of changing in wheat in the way of buying of July against sales of May. Chicago Primary Receipts Bushels. Todav. Last Week Wheat 321.000 428,000 Corn 312 000 506.000 Oats 79.000 166.000 Chicago Futures Range March 1 Prev. High. Low. 10:00. Close. WHEAT— May 87 ,R 6‘ 2 ,86 3 . .86% July 86 .85% .85% . 85% Sept 86 3 4 86'g ,86 3 4 86'* CORN— May 50'i .50', .50' 2 50’ July 52 N .52'4 ,52 3 * .52'* Sept. . 54', .54'* .54’, .54'* OATS Mav 34 "'4 34 3 * 34' 2 34 s * July 34 3 x 34 .34 '* 34'4 Sept 33'2 33 s * * RYE— May 59 s * .59'a .59 5 8 ,59 s * July SO'* Sept 61 BARLEY— Mav ... ... .47 2 July 48 j CHICAGO CASH GRAIN By United Press CHICAGO. Feb. 28— Cash Grain: Wheat —No. 1 mixed, 88c. Corn—No. 2 mixed, 43' 2 c: No 3 mixed. 48c: No. 4 mixed. 47c; No. 2 yellow. 48'i®48 , 2 c: No. 2 yellow, old. 49', 2 c; No. 3 yellow, 47® 48c; No. 4 yellow. 47'ic; No. 5 yellow, 47c; No. 6 yellow. 43)4 ® 47c; No 2 white. 4!) 3 4® 50c; No. 3 white. 48' 2 ®49' 2 c: No. 5 white. 46c. ODBt.s—No. 2 white. 36® 37c: No 4 white. 34’?c. Rve—No sales, Bariev Sales. 59 ft 78c: nuotable. 50® 80c. Clover seed—sll® 14.25. Timothy $7.25® 9.50. Cash provisions—Lard. $6.50; loose. $6: leaf. $6.12. S. Bellies. $8.25. TOLEDO CASH GRAIN By United Press TOLEDO. Feb. 28 Grain close: Grain in elevators, transit billing. Wheat—No. 2 red. 91®92c. Corn No. 2 yellow. 54® 55c. Oats—No. 2 white. 39' 2 ®40 1 2 c, Rye—No. 2. 66 , 2®67 i 2C. (Track prices. 28' 2 c rate). Wheat—No. 1 red. 87® 88c; No. 2 red. 86®! 87c. Corn —No. 2 yellow. 49'2®50’'C; No. 3 yellow. 48® 49c: No 4 yellow, 4s® 48c. Oats—No. 2 white. 36®38c: No. 3 white. 35®37c. Toledo seed close). Clover—March, $8.25; Alsike. cash. $8.50. ST. LOUIS CASH GRAIN By United Press ST. LOUIS. Feb. 28.—Cash grain: Wheat—ln fair demand. '2c higher on red and unchanged on hard grades; No, 2 red, 90r: No. 2 hard. 88c; No. 3 hard, 87'ic; No. 2 mixed, 89c. Corn—ln fair demand, unchanged: No. 3 mixed, 48' 2c; No. 2 yellow, 49' 2 c; No. 3 yellow, 48 '-ic; No. 4 yellow. 47'2C: No. 2 white. 50c. Oats —ln fair demand. Vic higher; No. 3 white. 36' 2 c. NEW YORK CASH GRAIN By United Press NEW YORK. Feb. 28—Cash grain; Wheat—No. 2 red. sl.o4'*: No. 2 hard winter. sl.4'*. Corn —No. 2 mixed. 59' 2 c. Oats—No. 3 white. 45*c.

Indianapolis Cash Grain

The bids for car lots of grain at the call of the Indianapolis Board of Trade, f o. b.. shipping point, basis 41% New York rate, were: Wheat—Firm: No. 1 red. 82%®83%c; No 2 red, 81@82%c; No. 2 hard. 81%@ 82%c. Corn—Steady: No 3 white. 41%®42%c; No 4 white. 40%®41%c; No. 3 yellow’, 40% ®42%c: No 4 yellow. 39%®40%c: No. 3 mixed, 39%®40%c; No. 4 mixed, 38%®! 39%c. Oats—Steady: No. 2 white, 31@32c; No. 3 white, 30@31c. —lnspections Wheat—No. 2 red. 2 cars; No. 2 hard. 1 car. Total. 3 cars. Corn—No. 2 white, 1 car; No. 3 white. 1 car; No. 6 white. ! car: sample white. 1 car: No. 3 yellow, 10 cars: No. 4 yellow 2 cars; No. 5 mixed. 1 car Total. 17 cars. Oats—No. 2 white. 1 car; No. 3 white, 4 cars. Total. 5 cars. Rye—No. 2. 1 car. Total 1 car. INDIANAPOLIS WAGON WHEAT City grain elevators are paying 80 cents for No. 2 soft red wheat, utner grades on their merits Fire Reports Wednesday 6:34 a. m.. 1017 Epler, residence, small loss. 7:31 a. m . 1244 West Washington, repair shop, small loss. 8:02 a. m.. 44 Layman, residence, small loss. 8 34 a. Di., 1371-73 Oliver, residence. SSO. 8 11 a. m . 534 West Rav. packing house, small loss. 9:09 a. m . 914 West Thirtieth, automobile. small loss. 11 04 a. m 1245 Oliver, department store. $7,000. 11:43 a. m., 1001 Edgemont residence, email loss. 12:37 p m.. 1153 West Thirty-fourth, residence, small loss. 12:28 p m.. 2626 Roosevelt, residence, small loss. 303 p. m 1719 North Illinois, residence, *4OO. 4:02 p. m , 450 North La Salle, garage, small loss. 406 p. m. 436-38 South Alabama, residence, $75. 4:35 p m.. 2208 West McCarty, residence. small loss. 6:45 p. m.. 438 Division, automobile, small loss. 7:13 p. m . 1543 West Miclugan residence. small loss. 9:31 p. m.. 2543 Baltimore, church, smal loss. 10:15 p. m.. 277 North Warman. residence. small los:;. Thursday 4:35 a. m., 401 North Liberty, residence, 3mall loss.

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