Indianapolis Times, Volume 45, Number 266, Indianapolis, Marion County, 17 March 1934 — Page 14
PAGE 14
AIL Chemical Am. Bmeltlng Am. Can Am. Telephone Am. Tob. B Atchison Chrysler Con Gas N. Y. DuPont Goodyear
Market Average m m m Twenty Active Issues Listed on the N. Y. Stock Exchange.
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This dally record ct the movements or twenty active stocks, ave: aged, gives a clear view or the market trend. Long pull movements ax dally variations are apparent at a glance.
Bond Prices
•By Fenner & Beane) —March 16— High. Low. Close. Allrg Corp 5s '5 . 35% 34 1 a 34% Am <fe For Pwr 5s 2030 ... ... 51 A T&T db 5s 65 . 107*2 Atchison gen 4s 95 ... 100% lOC, 100% BA- o r.v 4% '6O 70 69% 69% Beth Steel 5s A 42 .. 102% 102 102', Brazil S' 2 s . 20) 57 29'* 29 9 C M S Ac P adj 5- A 000 19' * 18% 19 Ch M St P rs 5s A 75 . 52*2 51% 52* 2 Denmark 5' 2 s 55 92 1 2 Dr' Ed 5s E '52 104% 104*2 104* 2 Erie R R rs 5' '67 73 1 2 72% 73 1 2 Goodyear 5s '57 98% 97% 98 ■* Ot Nor 4%s D 76 ... 80% 80% 80% Gt Nor 7s A '36 . 98% Interboro RT 5s '66 .. 70% 70% 70*4 tat T T db b 55 67 McKp'S Ac Robb 5%s 'SO 77 75% 77 Nat Dairy db 5%s 48 91*4 91*2 91'® N Y Cent 4%s O 2013 79% 79*4 79% Nor Am 5s '6l 90 Pac Gas Ac E! 5s A '42 .106 105 106 Para P:b s6s 50 .. 50 49% 50 Penn R R 4%-, D ’Bl ... 95% 95% 95% Poland 7s 47 .... . 90 Shell Un Oil 5s '47 ... 96' 2 96 96' 2 S;n Cons 6' 2 s B '3B ..104'! 104 104 Tex Corp 5s 44 102' 101% 102'i Tob Pr N I 6%s 2022 105% 103' 2 105' 2 Un Pac Ist 4- 47 103% 103% 103‘ 2 U S Rubber 5s A ’47 . 83% 83'* 83% Western Un 5s 'sl 90*4 89% 90% T| two 84TB 70 • 88'i 87' j *7% Other Livestock 1 By United Press) CINCINNATI. March 16—Hogs—Receipts. 6.100. including 1.677 direct and through. holdovers. 375; slow. 10®15c lower: bulk 180-300 lbs. $4 75'./ 4 80; better grades. 160-175 lbs. 54./4 40: desirable 130-150 lbs. s3'./ 3 75: mostly $3 50 downward Cattle—Receipts. 900; calves, receipts. 350; steady to weak; bulk kinds. $4 /5 50. fat cows. $34/3.75; low cutters and cutters. $1 754/2 75; sausage bulls. $3 80 down: ralve.s, steady; bulk good to choice. s6'./ 7; others. s3'<i 5. Sheen -Receipts. 250; direct and through. 12; steady; better giad" lambs. s9'./9.50; common to medium $6 50'./8 50: fat ewes. $3 .50'./5. TOLEDO. March 16. Hogs Receipts, 250 market, about steady: heavy yorkers. $4 50' 4 60. mixed and bulk of sales. $4 50 1 4 10: pics and lights $2,254/3.50; medium and heavies. $44, 4 50; roughs. s3'./3.25. Cattle Receipts, 125: market. steady. Calves—Receipts, light; market, strong. Sheen and lambs—Receipts, light: market, steady. LOUISVILLE March 16 —Cattle—Receipts. 150. including 33 directs; moderately active and generally steady market on most slaughter claeses: bulk common to medium steers and heifers. s4'./ 5. better finished kinds $5 25 <1 575 or better for strictly good baby beef type yearlings: bulk cow s. $2 50'./3.25: practical top $3 50; low cutters and cutters mostly. $1.25© 2 25; bulk sausage bulls. s3'./3 75; Stockers and feeders slow and unchanged. Calves—Receipts. 350: vealers strong to 50c higher most advance on better grades: bulk better vealers. $54/6; few stric.lv choice higher, medium and lower grades. $4 50 down Hogs—Receipts. 900; market. 5 .10c lower. 170-240 lbs.. $4,504/4 70: 120140 lbs. $2 305 3 35; sows. $2 7002.75. Sheep—Receipts. 25: market steady: medium to good lambs. $7 5008 25; choice grades eligible. $9 or better; light throwouts mostly $5.50. fast ewes. $2.500 3. Births Boys Charles and Vina Beauchamp. Coleman hospital. Hamel and Anna Herring. Coleman hospital. Russell and LaVaun Mueller. Coleman hospital. James and Anna Overstreet. Coleman hospital. Charles and Mary Reed. Coleman hospital Ralph and Florence Self. Coleman hospital Charles and Theresa Timberman. Coleman hospital. William and Glenn Lang. St. Vincent's hospital. James and Lula Love. 2830 Draper Fred and Margaret Spivey. 229 North East. Willard and Grace Snodgrass, 318 East Walnut. William and Ida Whitley, 502 Birch. Elmer and Aroula Maddox. 26 North Keystone. James and Lillian Stone. 1121 East Nineteenth. Hardemon and Marie Williams. 1704 North Arsenal. Edwin and Florence Ahlders. 1816 South Singleton. James and Mattie Bryant. 945 North Sheffield. William and Mary Howe. 3118 Jackson. Leslie and Jennev Simpson. 1437 Gimber. Girls Ralph and Martha Currv, Coleman hospital. Wayne and Maxine Landig, Coleman hospital. Jesse and Mabel Lawson. Coleman hospital. Arthur and Willie Sedam. Coleman hospital Harry and Mebe! Sumwalt, Coleman hospital. Karl and Marcell Williams. Coleman hospital. K-'nn-th and Maureen Bea. St Vincent's hospital. James and Pinky Evans. 234 West Empire. Benjamin and Naomi Jacobs. 215 Hanson Eugene and Margaret Esselborn, 19 East Karcr.er Patrick and Ethel Roberts. 829 Washington. Louis and Evelyn Halpin. 2301 West Barrett Edward and Grace Cubert. 942 Somerset. Noel and Grace Phillipee. 2021 Caroline Tuicle and Alberta Baker. 776 West Twenty-fourth, girl twins. Deaths Albert Bader. 38. Methodist hospital, septicaemia Mary M Collins. 59. 946 East Georgia chronic nephritis. Tom Moilette, 33. city hospital, broncho pneumonia John B Duchesne. 55. 3321 Roosevelt, coronary thrombosis. Eltrabeth George. 69. 6120 Primrose, mastoiditis. Catherine Williams. 75. 414 North Drexel. uremia, Joseph P. Wagner. 53. St. Vincent's hospital. acute oilatation of heart. Stephen O Daus, 40. veterans' hospital, lobar pneumonia Charles Thomas Shields. 12. Indiana State School lor Deaf, lobar pneumonia Anna Marga.etha Haug. 82. 3321 Carrollton. chronic myocarditis Bertha Schoeilko’pf. 67. 3673 North Delaware. lobar pneumonia Bridget Fer.ton. 81. 11l West Raymond, arteriosclerosis Mary Kirk. 68. St Vincent's hospital, acute broncho pneumonia. Plumbing Permits C E Babcock. 255 West Morris: one fixture John Florence. 814 East Seventeenth street: two fixtures Herman Muegge. 2204 Sheibv; three fixtures. G. Selimever. 965 North La Salle' two fixtures. G. Sellmeyer. 1122 North Olney; one fixture G Selimever. 3309 East Tenth street: one fixture H H Rahe, 1713 Prospect: four fixtures George Conrad. 426 East Vermont; three fixtures C. C Sohr.eir.der. 1220 North Illinois; one fixture C W Burru. 1322 Oliver: two fixtures. Freyn Bros . 611 Liberty; seuen fixtures D H Pierce 319 Agnes; two fixtures The Bes' Plumbing Company. 3820 North Ulinoia; three fixtures Henry C Wischmeier. 23 North Penncyivanta: nine fixtures. Bert Cool. 25 South Addison; four fixtures. C W Burris. 5406 West Michigan; three flxturaa Ei Spearing. 337 Chase, three fixtures. James McCiinstock. 725 West Michigan, two fixtures.
Inti Harvester Johns-Manvili* Nat Biscuit Pub. S oi N J Sears Roebuck Stand, of N. J. Un. Aircraft U. S Steel Union Pacific Westinghouse
FIGHT OVER DIME BET BRINGS MURDER COUNT
Hoosier Accused of Slaying Card Player With Ball Bat. By United Press LEBANON, Ind., March IC. Murder and manslaughter charges were on file against Robert Egbert, 36, here today in an indictment returned by the Boone county grand ! jury. Egbert, who surrendered to Sher- j iff Wilbur Small, Monday, is accused of assaulting William A. I Brandenburg, 59, with a baseball; bat during an argument over a 10 i cent bet in a card game at the I former's home, March 2. Brandenburg died March 11.
Federal Farm Loan Bonds
(By Blyth & C'o., Inc.) Bid. Ask. 4s Nov. 1. 1957-37. 96'4 97% 4s Mav 1, 1958-38 96% 97’® 4%s July 1. 1956-36 96% 98 4%s Jari. 1. 1957-37 96% 98 4'*s Mav 1. 1957-37 96% 98 4%s Nov. 1. 1958-38 96% 98 4%s Mav 1. 1942-32 98% 99'® 4%s Jan 1. 1943-33 98% 99% 4%s Jan. 1. 1953-33 97% 99 4%s July 1, 1933-33 97% 99 4%s Jan. 1, 1955-35 97% 99 4%s July 1, 1955-35 97% 99 4%s Jari 1. 1956-36 97% 99 4%s July 1. 1953-33 99% 100'* 4%s Jan. 1, 1945-34 99% 100% 4%s July 1, 1934-34 99% 100'/* 5s Mav 1, 1941-31 100% 101% 5s Nov. 1, 1941-31 100% 101% Home Loan 4s. July 1, 1951... 97% 98V* New York Curb (Bv Abbott. Hoppin & Cos.) —March 16— Close.' Close. Allied Mills 8% Gulf Oil of Pa . 69 Alum Cos of Am 72% Hiram Walker . 48 Am Cyanide B' 17% liud Bav Min .. 11% Am Gas & Elec 26%'Humble Oil . 41% Am Superpower 3% Impral Oil Ltd 14 Ass Gas & El 1% Int Petrol 23'® Atlas Corn 13% Lake Shore Min 49% Axton Fish Tob 60 Libby McN Libby 5% British Celanese 3% Lone Star Gas 6% Can Marc 3% Nat Bellas Hess 3% Carrier Corp .. 8% Newmont Min .. 50% Cities Serv 3%Nia Hud Pwr .. 7 Cnsl Gs of Balt 60 Novadel Agene ■ 67% Cord Corn ... 7 Pan Ara Airways 39 Creole Petrol 11% Penn Road 3% Crwn Cork Inti 7% St Regis Paper. 3% Deere & Cos 30 sa! Creek Prod 6% Distillers Lim . 22% Sherwin Wms .. 62% Distillers Corp 20 Std of Ind .... 27 Dow Chem 22% Std of Kv 16 El Bond & Sh 17% Technicolor Ind 9 Fisk Rubber 19 Tech Hughs Gold 6% Ford of Can A 23 Un Gas . 3% Ford cf Europe 7% Un Pwr & Lt A 4 Oen Aviation 6% Wright Harg Min 9% Glen Alden Coal IS 3 * 1
On Commission Row
—March 16Fruits Apples—New York Baldwins. fancy, $1.60 1 1 85. fancy Staymans. $2 25: fancy Winesaps. $2.60. \ Oranges California Sunkist. s3®4; Fleridas $303.75. Lemons—Sunkist. $6; Red Ball. $5.50. Grapefruit—Arizona seedless 80s, $3; Florida. $2.75. Strawberries—Florida, pint. 15017 c; 36pt. crate. $6. Cranberries—C. C. Howes. Eatmores. 25lb. box. $303 25. Melons—Argentina Honeydews. $2.75. Pears—Florida. Avacados, $2.50; Calavos. $3.50 per box. Bananas—Per pound. 5 cents. Vegetables Cabbage—New Texas. $1.35 per half- j crate: Florida red. $3.50 per hamper. Celery—Florida. $2.50© 3.50 a crate; mammoth bunch 75c; medium bunch 45c; hearts, dozen bunch $1.35. Onions—lndiana yellow. 50-lb. bag $1.35; red. $1 35: lowa white. $3. Potatoes—Northern round white 100-lb. bag. *1 8502.10; Red River Ohios. $1,850 2.10; Maine Green Mountain. $2.65; Colorado McClures. $2.50: Idaho Russets. $2.50. Wyoming Triumph 50-lb. bag. 51.40; New Florida Triumphs. $2. Sweet Potatoes—lndiana Jerseys per bushel. $2; Porto Ricans. $1.90. Asparagus—California select crate. $4 75. Beans- Round stringless. 52.50 0 2.75: new lima. S3. Beets—New Texas 3-dozen crate. $1.50; bulk per bushel. $1.50. Carrots—California 6-dozen crate. $3.25: bulk r.ew. $2: bulk old. $1 15. Cauliflower—California. $1.60. Cucumbers—Hot house per dozen. $1.15. Lettuce—Hot house 10-lb. basket. 55c: Iceberg bests, *3 0 3.25 a crate. Peas—3o-lb. hamper. $2.75. Radishes—Hot house, buttons 45c a dozen, long white. 40c per dozer.. Rhubarb—Hot house. 50c a bunch. Spinach—New Texas. SI per bushel. Tomatoes—Repacked. 10-lb carton. Si; j selected. cellophane wrapped. $1.25; original Florida. 30-lb. lug. *2.
In the Cotton Markets
—March 15— CHICAGO High. Low Close. I January 12.65 12.57 12 65 I March . 12 15 May 12 30 12 23 12 23 July 12 40 12.34 12 37 | October 12.51 12.47 12 49 • December 12 62 12.53 12.61 NEW YORK January . 12 56 March 12.08 12 04 12.06 ; Mav 12 19 12 14 12.15 i Julv IX2B 12 24 12 25 i October .. 12.42 12.37 12 39; December .. 12.51 12 48 12.50 NEW ORLEANS January 12 61 12.55 12.55 March 12 10 12 06 12 06 I Mav 12 20 12 14 12 16! Julv’ 12 30 12 25 12 25! October 12 43 - 12.37 12 38 December 12. 12 48 12 49 , Marriage Licenses Charles E Baker. 26. of 809 East lowa j street, clerk, and Ruth Bader. 22. of 809 East lowa street, stenographer. John Cullen. 42. of 4901 Washington boulevard, iron worker, and Muriel Mott. 36 of 825 North Delaware street, nurse Lewis Jones. 23. of 1129 North Berwick avenue, baker, and Ruby Kirkpatrick. 25. of 1137 Beliefontaine street hosiery work- i er. ST. LOUIS CASH GRAIN By United Press ST LOUIS March 16 —Cash grain Wheat in fair demand, steady to % cent lower or. red ar.d 1% cent higher on hard No 2 Red. 89%%89%c; No 3 red 88'<zSS%c No 5 red. 82%c: sample red. 79%c No 4. red garlickv. 83c Corn In good demand, unchanged: No 3 mixed. 49%c: No. 2 Yellow 49-% a 51c. No 3 vel--49%c. No. 4 teilow 49%c Oats—ln eood demand, unchanged; No 2 white. 36c. No 1 3 white. 33%c; No 2 mixed. 35%c: No. 2 mixed. 37%c. Tillamook ( county, Oregon, is the wettest spot in the United States, having an annual rainfall of 130 1 inches.
STOCK VALUES RECOVER; SALES VOLUME LIGHT U. S. Smelting Leads Silver Group Upward; Liquor Shares Soar.
Average Stock Prices
Average of thirty industirals for Thursday: high 103.73, low* 101.43, close 102.21. off 1 33. Average es twenty rails: 49 52. 48.47. 48 86. off .95. Average of twenty utilities. 27 00. 26 32. 26 55. off .49. Average of forty bonds: 93 54. off .03. Average of ten first rails: 93.79 off .02 Average of ten second rails: 83 34. up 04. Average of ten utilities 96.26. up .06 Average of ten industrials: 95.79. off .17. BY ELMER C. W’ALZER United Press Financial Editor/ NE WYORK. March 17.—A slow recovery came into the stock market yesterday after thre days of decline. Volume, however, continued light with sales only slightly over the million-share mark. Pressure lifted on the automobile issues when it was learned strenuous efforts would be made Monday to avert a strike in the industry. Chrysler rose more tha na point and others of the group were up fractions to a point. Railroad issues were steadied by a favorable car loadings report brought about by a sharp jump in' miscellaneous freight loadings. The gain was larger than seasonal. Exceptions to the trend in the rail division were the Van Sweringen issues, notably those of Alleghany Corporation. The latter lost a point or more on announcement of the corporation’s plan to raise interest for the 5 per cent bonds due in 1550. New Plan Considered The plan is to ssue new preferred stock to the amount of the nterest on the issue from Oct. 1, 1934 to April 1, 1939. Holders of the bonds can turn in the ten interest coupons for that period and receive five shares of the new stock. That would make the stock cost them $5 a share. The new issue was quoted on the produce exchange at 27 bid with the nearest offer at 32. Silver issues rallied after their sharp break yesterday. United States Smelting advanced more than three points and others of the group were bid up fractions to a point. Aviation issues were given a bit of a whirl when Colonel Lindbergh told a senate committee army planes could not be equipped as fully as commercial planes; and that air. lines need temporary subsidy. Douglas advanced more than a point and United Aircraft a point. Store Business Gains Schenley continued to lead the “wet” stocks, rising 2 points on its Cuban liquor distribution. Zonite Products continued active and strong on its rights to distribute wines and spirits. National Distillers was fairly active and firm. Mercantile issues made small gains on improvement noted in retail trade. Estimates released today said business of the important chain store and mail order houses will present some sensational advances for the current month. Stock sales yesterday approximated 1.170,000 shares against 1,340,000 shares Thursday. Curb sales were 249,000 shares against 284,000 shares Thursday. Dow Jones preliminary averages showed industrial, 102.72, up .51; rails, 48.77, off .09; utility, 26.57, up .02.
Bank Clearings
INDIANAPOLIS STATEMENT —March 16— Clearings • - $1,860,000.00 Debits 6.807.000.00 TREASURY STATEMENT By United Press WASHINGTON. March 16.—Government expenses and receipts of the current fiscal year to March 14. compared with the corresponding period of the previous fiscal year: This Year Last Year. Epenses $4,528,663,980.65 $3,554,606,927.35 Receipts $2,047,862,564.40 $1,304,958,592.50 Deficit $2,480,801,416.25 $2,249,648,334.85 Cash Bal $4,773,436,312.65
U. S. Government Bonds
By United Press NEW YORK, March 16.—Closing Liberties: (Decimals represent thirty-seconds) LIBERTY 3%S (32-47) 103.2 First 4%s (32-47) 103.10 Fourth 4%s (33-38) 103 12 TREASURY 4%s 3%s (45) 10123 3%s (47-521 110.7 3%s 141-431 March 102.11 3%s (40-43) June 102.3 3%s (41) 101 31 3%S (46-49) 100.20 3s (51-55) 99 5
Daily Price Index
By United Press NEW YORK. March 16.—Dun & Bradstreet's daily weighted price index of thirty basic commodities complied for the United Press (1930-1932 average, 100) ; Today 109.30 Yesterday 109 56 Week ago 109.92 Month ago 109.08 Year ago 1 March 17) 72.41 1934 high (March 12) 110.24 1934 low (Jan. 3i 105.05 (Copyright. 1934, Dun & Bradstreet, Inc.)
Investment Trust Shares
'Bv Abbott. Hoppin Cos.) —March 16 Bid. Ask. American Bank Stocks Oorp 1.16 1.20 American & General Sei A . 5.00 7.00 American & Inv Tr Sh 1.50 .... Basic Industry Shares 3.45 .. . British Tvpe Inv Tr Sh . ... .60 .65 Collateral Trustee Shares A 4 80 4 90 Corporate Trust Shares (old) 2.14 217 Corporate Trust Shares new) 2.41 2.44 Cumulative Trust Shares . . 412 Diversified Trust Sh A . 6.25 Diversified Trust Shares' B . 800 812 Diversified Trust Shares C .. 3.25 330 Diversified Trust Shares D 495 5 10 First Insurance Stock Corp . 1.31 1.35 First Common Stouk Corp .. .85 .88 Fixed Trust Oil Shares A . . 8.70 885 Fixed Trust Oil Shares B . . 7.50 7.75 Incorporators Investments... 1887 19.25 Land Bank Bond Shares 1.07 1 19 Low Priced Trust Shares 6.35 6.45 Mass Inv Trust Shares 18.99 20.64 Nation Wide Securities 3.49 354 North Am Trust Shares (53). 185 193 North Am Trust Sh (55-56/ . 2.43 2.56 North Am Trust Shares (58). 2.53 2.57 Selected American Shares 1.22 1.25 Selected American Shares Inc 2.70 .... Selected Cumulative Shares 7.12 Selected Income Shares 3.63 380 Std American Trust Shares A 3.00 3.05, Trust Shares of America 2.90 2.95 Trustee Std Oil A 5 60 5.75 Trustee Std Oil B .. .... 5.20 5.30 U S Electric Lt & Pwr A 12 50.13 00 Universal Trust Shares 3.10 3.15 NEW YORK COFFEE FUTURES —March 16— SANTOS High. Low. C’ose. March 10.60 Mav 10.77 10 65 10.77 July JO.S2 10 88 10.92 September 1123 11.10 1122 December 10 34 10 21 11 34 RIO January 8 69 March 8.27 May 8.37 8 35 8.35 July 8 48 8.43 8 46 September 8.56 8.50 8.56 Dectember 8.64 8.60 8.64
.THE INDIANAPOLIS TIMES
Chicago Stocks Be Abbott. Bobbin A Cos. TOTAL SALES. 39,000 SHARES —March 16— High. Low, Close. Advance Aluminum ... 3% 3H I Am Pub Serv pfd 7Va ; Asbestos Mfe ... 3Vi ! Assoc Tel Util A pfd . . ... IV* Bendix Aviation 19Vi 19*4 19V* I Borg Warner 25% 25 23V* i Butler Bros 10% 10Vi IC% ( Cent 111 Pub Serv pfd 18*6 Cent Pub Serv Cl A V* Cent & So West P L pf 10% Chi & North Western. 13% 13% 13% Chicago Corp com .... 2% 2% 2% Chicago Corp pfd 28 Cities Service ... 3 Cord Corp . 7 8% 7 Curtis Mig Cos . 7 Gen Household Ut 13% 13% 13V* Gen Candv Corp 6% 6 1 /* 6% Godchaux B ... 8% I Goidblatt Bros 17 3 /* 17 17% i Great Lakes Dredge ... 18 17% 17% ' HoudaiUe-Hershey A 19 ! Ind. Pneu Tool 21 Iron Fireman 11% Kalamazoo Stove 24 23% 24 Kellogg Switch, pfd 4% Keystone Steel .. 17* 2 Libby-McNeil . 5% 5% 5% ManhattanHDearborn 1% I McGraw Electric ... 7V* (Merchants & Mfrs 'A). 2% 2% 2% l Middle West Utilities % i Middle West Ut 6% p A .. . 1% Midland Util 7% A pfd % National Leather 2 ! Noblitt-Sparks Indu Inc 14% 14% 14% j No Amer L & Pwr 2% Northwest Bancorporatn .. ... 5 i Parker Pen ... 6 t Potter Cos 574 5% 5% i Public Service 7% pfd 64 i Quaker Oats 116 Quaker Oats pfd 122 121 121 Reliance Mfe Cos 18% 17% 18% Signode Steel Strap pfd . .-.. 13 Southern Union Gas . 2 174 2 So West L& p pfd ... 32 31 Vi 32 Stand Dredg Cos pfd ... 3% 3% 3% Stutz Mot Car Cos of A .. 6 Swift & Cos 16% 16% 16‘4 Swift International.... 27% 27% 2774 Thompson JR 9% Utah Radio 1% Utility & Ind 1% Utility & Ind pfd . .. 4% Vortex Cup Cos A 26% 26 26% Wayne Pump pfd ... .. 2% Wieboldt Stores 15% 15 15% CORONER URGES REGULATION ON FIRE INSURANCE Dr. Arbuckle Says Unsafe Houses Should Be Forbidden Risk. Legislation forbidding owners of homes that are not fire-proof from obtaining insurance was urged yesterday by Dr. William E. Arbuckle, Marion county coroner. Dr. Arbuckle’s proposal came as result of his investigation of the deaths of Mrs. Edna Finch and her three daughters in their home at 1005 South Roena street. All four perished in the flames that consumed the house Tuesday. The coroner warned that such fires easily might occur again in Indianapolis. Similar views were expressed by state and city officials. Harry E. Voshell, fire department chief, said that “there are far too many homes in the city in which the owner keeps the property barely up to the standard of making it attractive to renters.” A1 Feeney, state safety commissioner, declared property condemned as a fire hazard should never be eligible to insurance. “It’s a miracle that more such fires don’t occur here,” Dr. Arbuckle asserted. He pointed out tliat firetrap homes similar to the Finch home exist both within the city and outside city limits which, set afire at night, would burn so quickly that sleeping occupants could net escape.
LIGHT BIDS ARE SOUGHTBY CITY Works Board Issues Order for New Contract in Next Year. Bids for anew light contract for the city of Indianapolis were ordered yesterday in a resolution passed by the board of works. The present ten-year light contract with the Indianapolis Power and Light Company expires in April, 1935. By law, the board is required to advertise for bids one year prior to the expiration of existing contracts. Mayor Reginald H. Sullivan said today that the city probably would not enter into another long-term contract with the utility company. “With conditions in an unsettled state, it would be unwise for the city to be bound by a contract for such a long period of time,” the mayor asserted. The city may enter into a contract for a one, tnree, five or tenyear period. In the event that the city did not sign another contract at the expiration of the present one, the public service commission probably would set the rates for Indianapolis, the mayor pointed out. O'MAHONEY NAMED RESTAURANT CHIEF Case Owners Elect State Code Authority. J. F. O'Mahoney was elected chairman of the state code authority for the restaurant business of Indiana at a meeting of restauranteurs in the Severin Thursday night. Others named on the body are O. H. Clark, South Bend; D. E. Martin, Ft. Wayne; W. E. Jennings, Lafayette; I. A. Fendrick, Mr. O'Mahoney and Howard Deputy, ail of Indianapolis; Harry Gitschall. Richmond; Ernest Nagle, Evansville; J. V. Stevens, Terre Haute, and O. A. Gause, Columbus. ROTTGER NAMED HEAD OF BUSINESS BUREAU Telephone Company Chief Elected With Others by Directors. Directors of the Better Business Bureau today elected Curtis H. Rottger, Indiana Bell Telephone Company, as president. Other officers named were John Burke. Sears-Roebbuck Company, vice-president: William C. Grauel, Merchants National bank treasurer, and T. M. Overley, secretary. The board of directors consists of twenty-one members representing eighteeen different lines of business. Seven directors are named annually for three-year terms. Directors were named at the annual meeting last month.
PORKER PRICES DOWN 10 CENTS AFTER ADVANCE Cattle Remain Unchanged; Vealers Strong to Higher. Following a two-day advance, porker prices moved mostly 10 cents lower than Thursday’s average at the Union Stockyards yesterday. Larger receipts partly accounted for the early weakness. Initial bulk of all weights on hand was selling at $4.40 to $4 65, while few choice butchers sold at $4.70. Several small lots were reported selling around $4.75. Other weights scaling 130 to 160 pounds, sold at $3.40 to $3.90. Light lights, 100 to 130 pounds, brought $2 to $3.15. Receipts were estimated at 6,000. Holdovers, 267. Practically all grades remained unchanged in the cattle market. Early quality consisted mostly of common and medium weights. Few steers in small lots were selling at $3.75 to $5.75. Receipts numbered 300. Veal prices were strong to 50 cents higher than yesterday’s close, with good and choice Kinds salable at $6.50 to $7. Receipts were 600. Early lamb sales continued unchanged, with indications siightly lower. Most early bids held at $9 down, equivalent to $9.25 or better for choice grades. Receipts numbered 700. Asking on hogs at Chicago was strong to higher, with initial bids scarce. Receipts were estimated at 17.000, including 6.000 directs; holdovers, 2,000. Cattle receipts were 2,000; calves, 900; market slow and unchanged. Sheep receipts numbered 12,000; market weak to lower. Bulk. Top. Receipts. March 10. $4,654? 4.80 $4.80 1,500 12. 4.5545 4.70 4.80 6 500 13. 4.4045 4.55 4.60 6,000 14. 4.55© 4.70 4.80 4.500 15. 4.50© 4.75 4.90 4 500 16. $4.40® 4.65 4.75 6,000 Market, Lower (140-160) Good and choice $3.65® 3.90 —Light Weights—-(l6o-180) Good and choice ... 4.40® 4.50 (180-200) Good and choice .. 4.60 —Medium Weights—-(2oo-220) Good and choice ... 4.65 (220-250) Good and choice .. 4.65® 4.70 —Heavy Weights—-(2so-290) Good and choice... 4.65® 4.75 (290-350) Good and choice ... 4.50® 4.65 —Packing Sows—(3so down) Good 3.60® 3.85 (350 up) Good 3.25® 3.65 (All weights) Medium 3.00® 3.60 —Slaughter Pigs—-(loo-130 Good ana choice ... 2.00® 3.15 CATTLE Receipts, 390; market, steady. (1.050-1.100) Good and choice $ 6.25® 7.25 Common and medium 4.25® 6.25 (1,100-1,500) Good and choice 6.00® TSO Common and medium 4.50® 6.00 (675-750) w Good and choice 5.25® 6.50 Common and medium 3.00® 5.25 (750-900) m Good and choice 4.75® 625 Common and medium 2.15® 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® .50 Cutter, common and medium.. 1.50®'2.75 VEALERS Receipts, 600; market, higher. Good and choice $ 6.50® 7.00 Medium 4.00® 6.50 Cull and common 2.50® 4.00 —Calves—-(2so-500) Good and choice 7.00® 7.50 Common and medium 2.00® 3.50 —Feeder and Stocker Cattle—-(soo-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, 700; market, lower. (90 lbs. down) Good & choice $9.00® 9.50 (90-110 lbs.) Good and choice 8.50® 9.00 (50 lbs. down) Com and med.. 6.50® 8.50 —Ewes— Good and choice 4.50® 5.50 Common and medium 2.50® 4.50 Other Livestock By United Press CHICAGO, March 16.—Hoes—Receipts, 17,000. including 6,000 directs: market slow, 10@15c lower than yesterday; 180300 lbs., $4.40®4.50; top, $4.55; 140-180 lbs. unevenly $3.50®4.40; pigs, $2.50©3.25; packing sows. $3.60®3.75; light lights, 140160 lbs., good and choice, $3.50®4.25; lightweights, 160-200 lbs., good and choice. Si<fi 4.50; medium weights, 200-250 lbs., good and choice, $4.40©4.50: heavyweights, 250350 lbs., good and choice, packing sows, 275-550 lbs., medium and choice, $3.50(8,3.90: slaughter pigs, 100-130 lbs., good and choice, [email protected]. Cattle—Receipts, 2,000; calves, 900; generally steady on steers and yearlings; no choice offerings here: best. $6.75; several loads medium and weighty kinds, $5.25V/6; common kilelrs down to $4.25 and below; best big weights around $5.50: bulls and vealers higher today; few selected choice veal up to $7.50; slaughter cattle and vealers; steers, 550-900 lbs., good and choice. sß® 7.65; 900-1,100 lbs., good and choice, s6® 7.65; 1.100-1,300 lbs., good and choice, $5.75®7.50; 1,300-1,500 lbs., good and choice, $4.75®7.25; 550-1.300 lbs., common and medium, $3.75® 5.75; heifers, 550-7.50 lbs., good and choice, $5®6.75; common and medium, $3.50® 5; cows, good, $3.25® 4.25; common and medium, $2.60®3.25; low cutter and cutter. [email protected]; bulls, yearlings excluded, good beef, $3.25©3.75; cutters, common and medium. $2.5®3.40; vealers. good and choice. $5.25©7; medium. $4.50®5.25; cull and common, $3.50 ©4.50; stocer and feeder cattle: Steers, 550-1,050 lbs., good and choice, $4.50© 5.75; common and medium, $3.25® 4.75. Sheep —Receipts, 12.000; fat lambs opening slow; indications around steady, but some buyers talking lower; best wooled skin lambs around $9.40; early bids below $9.25; sheep steady; scattered native ewes, ss® 5.50: slaughter sheep and lambs: Lambs. 90 lbs. down, good and choice, $8.50©9.40; common and medium. 57©8.85: 90-98 lbs good and choice. sß® 9.35: ewes. 90-150 lbs., good adn choice, $4©5.75; all weigts, common and medium, $3®4.50. EAST ST. LOUIS. 111.. March 16. Rogs—Recepits, 9,500; market slow: steady j to 10 cents lower than yesterday's aver- I age; bulk 180 to 226 lbs..' $4.40©4.50; medium weights held higher; 150-160 lbs., $3.75®4.25; 100-140 lbs., $2.50® 3.25; few ! up to $3.50; sows 03.4$ to mostly $3.65. i Cattle—Receipts, 800: calves. 800; market, 25 cents higher on vealers, top 56.75; oth- | er classes generally steady in cleanup : trade with not enough steers on sale to ! warrant mentioning; mixed yearlings and i heifers, $4.25© 5.25; cows. $3©.3.50; low cutters $1.25® 1.75; top sausage bulls. I $3.25. Slaughter steers. 500-1.100 lbs., good and choice, $5.75®7; common and medium. $3.75® 5.75; 1,100-1.500 lbs., choice $5.70@7: good, [email protected]; medium. 54.50® 5.75. Sheep—Receipts, 2,000; market, few choice wooled lambs to city butchers, $9.60; steady to strong with yesterday's average: packers talking lower. Lambs. 90 lbs., down, good and choice. $8.75©9.60; common and medium. s6©9; 90-98 lbs., good and choice $8.50®9.50; yearling wethers, 90-100 lbs., good and choice. $6.75®8.50: ewes. 90-150 lbs., good and choice, $3 75® 5.50; all weights con.mon and medium, $2.7504.25. PITTSBURGH. March 16.—Hogs Receipts. 1.200; holdovers, none; steady to 10c higher; 170-220 lbs.. 55.10 to mostly $5.20; 250 lbs. up. $4.750 5; 120-140 lbs., $3®3.25; 120 lbs. down, $2.50® 3: sows, largely $3.90, or 15c higher. Cattle—Receipts. 75; steady. Calves—Receipts. 130; steady: good and choice vealers. $6.50© 7; medium. ss©6. Sheep—Receipts. 650; wool-skin lambs. 40®50c lower: best here, mostly $9.75; choice kinds, eligible up to $9.85, but none on sale; common to medium, $609: clipped lambs. 5c lower at 1 $7.75 down; choice wethers, quotable around $5. CLEVELAND. March 16—Cattle—Receipts, 100; market steady today and 25c higher for the week: choice, 750-1,100-lb. steers. $6 500 7; 650-950 lbs., good, $5.50® 6.50: medium. 54.5005.50; 900-1.200 lbs., good, $5.50®6.50; medium. s4®s; heifers, 600-850 lbs., good. $4.50 0 5 50; medium. $2 @2.50; cows, all weights, good. $2 50® 3.50; bulls, butcher. $3.50® 4. Calves—Receipts, 200; market, steady today, with top of $7.50 again; prices 50c higher for the week: choice veals. $6 20 0 7.50: medium. $5 ®6.50; common. $305. Sheep and lambs —Receipts. 500: market slightly higher to* dav, up 25c for the week on some grades, steady on others: good to choice wooi lambs. $9010: medium to good, sß® 9: culls and cuts. $507.50; choice slipped ambs. $708; medium to good. s6®7: prime wether sheep. ss® 6: choice wes. $4 50© i 5.50; medium to good. S3O 4. Hogs Re- ; ceiprs. 900: market. 5© 15c lower in slow trade: prices about uncharged from week ago: 250-300 lbs.. $4.2504.50: 220-250 lbs., 51.50 0 4.85; 180-210 lbs.. $4.750 4.85; 150180 lbs.. $4.75 0 4.85. p:gs. 100-140 lbs.. s3® 3 25; roughs. $2 7503; stags. $1.75®2. LAFAYETTE. March 16—Hog market, 10c lower; 200-325 lbs.. $4 300 4.25: 179200 lbs.. $4.2504 40; 150-170 lbs $3.65® 4: 130-150 lbs : $3.1563.40; 120-130 lbs.. $2.6502.90; 100-120 lbs., $1.7502.25; roughs. $3.75 down. Top ca_>es, $6; top iambs, $8.50,
New York Stocks ————— (By Abbott. Hoppin & Cos.)
—March 16Oils— Prev. High. Low. Close, close. 1 Amerada 49 48’* 49 48% j Atl Rig ...... 31% 30 s * 31% 31 Barnsdail . 8% 8% Consol Oil 12% 12% 12% 12% Coat of Del 18% 18% 18'-* 18% I Houston inewi. .. ... 4% 4% Houston i old i . .. . 25% . Mid Cont Pet.. 12 s * 12% 12% 12% Shell Un 10% 10% IC* 10% ! Ohio Oil 13% 13% 13% 13% Pet Corp 12% 12% 12% 12% Phillips Pet ... 17% 17% 17% 17% Pure Oil 12% 12% 12% 12% Sbd Oil 35% 35 35 34% Simms Pet 9% 97* Skellev Oil .*. ... 10% 10 Soc Vac 17% 16% 16% 17 SO of Cal 38% 38% 38% 38% SO of Kan 37% 37 37% 36% iSOOf N J 45% 44% 45 44% Sun Oil .. 58% 58% Texas Corp .... 27% 26% 26% 26% Tidewater Assn 11% 11% 11% 11% Un Oil of Cal... 17% 17 17% 17 Steels— Am Roll Mills.. 24% 23% 24% 24% I Beth Steel 43% 42 43% 42% j Byers AM .. 27 27 Col Fuel & Iron 6% 6% 6% 6% I Cruc Steel 33 .. Inland Steel 42% 44% Ludlum Steel 17% 17 17% 17% McKeesport Tin .. ... 87% Natl Steel .. 49 48% 49 48% Rep Iron & St 22% 21% 22% 22% Rep 1 & Stl pfd 61% 60 61% 60% U S Smelt 122 119 121% 118% Vanadium 27% 27% 27% 27% Mid Steel 18% 175’ U S Pipe & Fdy. 27% 27% 27% 27% U S Steel 53 51% 52% 52% U S Steel pfd 92% 92 92 92% Youngstown S&T 28% 28 28% ... Rails— Atchison 67% 66% 67% 67 Atl Cst Line .... 47% 47 47% 47 B& O 30% 29% 30% 30% C* Pac 17% 17 17% 17% Ch & Ohio 44% 44% 44 7 8 44% Chi & Gt W 5 4% 5 4% C M & St P 6% 6% 6% 6% j CM&StP pfd .. 11% 10% 11% 11% Chi N W 13% 13% 13% 13% Chi R Isl 5 Chi R I 7% pfd 73/4 Dfia & Hud 64 64 Erie 22 22% 22 21% Gt Northern pfd 29% 28% 29% 29 111 Central 33% 32% 32% 33 Lou & Nash 55% 55 M K & T 12 12 Mo Pac 5 4% 5 Mo Pac pfd .... 7% 7% 7% 7% N Y Cent 37% 37% 37% 37% N Y Chi &St L 22 21 % 22 22 NY CHI&STLpfd 32 31% 31 3 /* 32 N Y New Haven 19% 18% 19% 19 Norfolk & Wes. . . 172 177 Nor Pac 32% 31% 32% 32 Penn R R .... 35% 34% 35 35% Reading . .. 55 Sou Pac 28% 27% 28% 27% Sou R R 33% 32 33'% 32'% Sou R R pfd ... 37% 36% 37% 37% Union Pac 128 128 Wabash 4% West Moryl 15% 15% Motors— Auburn 55% 53 54 53% Chrysler 53% 51% 53% 52% Gen Motors 8 36% 37% 37% Graham Mot 3% 3% 3% 4 Hudosn 20% 19 20% 19% Hupp 5% 5% 5% 5'% Mack Truck 34 33% 33% 33% Nash . .. 26% 26% Packard 5% 5% 5'% 5% Reo 5 4% 5 4% Studebaker —7% 7% 7% 7% Yellow Truck .. 6 5% 6 6 Motor Access— Bendix 19% 39 19% 19% Bohn Alum 59 58% 59 58% Borg Warner .. 25% 25% 25% 25% Briggs 15% 15% 15% 15% Budd Wheel . 4% 4% Eaton Mfg 20% 19% 20% 19% Elec Auto Lite.. 29% 28% 28% 29 Houd (A) 6 5% 5% 6 Mullins Mfg 13 13% MUrra” Body ... 9% 9% 9% 9% Stew Warner.... 9% 9 9% 9 Timken Rol 36% 35% 36% 36% Minnig— Alaska Jun 21% 20% 21% 20% Amer Smelt 44% 43 43% 43'® Anaconda 15 14% 15 15% Cal & Hecla 5% 5 5 5 Cerro de Pasco 35% 33% 35 34% Granby 11% 10% 11% 10% Gt Nor Ore ... 13% 13% 13% 13% Homestake Min .375 370 375 Howe Sound ... 47% 45% 47% 46% Ins Copper .... . . 5% Nnt Nickel 26% 25% 26% 26% P-ennecott Cop.. 19% 19% 19% 19% Noranda Cop .. 38% 37% 38% 37% Phelps Dodge 16 16 Pitts Coal 16 Tobaccos— Am Snuff 54% 55 Am Sum Tob ... 19% 18% 18% 19 Am Tobacco A . 68 67% 68 66% Am Tobacco B . 70% 70 70% 69% Gen Cigar 32 31% 31% 31% Ligg & Myers B. 88% 87% 88% 87% Lorrillard .... 17% 17% 17% 17% Reynolds Tob B. 41 40% 40% 41% Equipments— Allis Chalmers . 19% 19% 19% 19% Am Car & Fdy.. . 28% 29% Am Loco 36% 36 36% 36% Am Mach & Fd.V ■ • 16% Am Steel Fdv ... 21% 21% 21% 21% Bald Loco 13% 13% 13% 13% Burroughs 16% 16% 16% 16% Case J X J 73% 72% 73% 73% Cater Tract .. 29% 29 29% 29% Cclgat Palm Peet 17% 17 17 17% Congoleum . 28 27% Elec Stor Bat ... 47 46% 47 47 Foster Wheeler . . 19% 20% Gen Am Tnk Car 40 39% 4040 Gen Elec 22'/* 21% 22% 21% Gen R R Sig ?. 42% 43 Ir.gsol Rand 67 66% Int Bus Mach ... . 140 140% Ir.t, Harvester ... 42% 41 42 41% Kelvinator ... 20% 19% 20 20 Natl Cash Reg . 19% 19% 19% 19% Proc & Gamble. 36% 36 36'/* 36V* Pullman Inc ... 56% 56 56% 56 Simmons Bed .. 20'/* 19% 20 19% West Air B .... 31% 30% 30% 31 Westingh Elec - 39% 38% 39 39 Worthington Pm .. ... 26% ... Utilities— Am & For Pwr. 10% 10% 10% 10V* Am Pwr & Lit . 9% 9% 9% 9% AT&T ...119% 118V* 119V* 119% Am Wat Wks .. 20% 20% 20% 21V* Brook Un Gas . . 73 Col Gas & Elec 16V* 15% 16 16 Com & Sou .... 2% 2% 2% 2% Consol Gas . . 39% 39 3944 39% Elec Pwr & Lit 7% 7% 7% 7% E P & L nfd . 14 14% Int T & T ... 14% 14V* 14% 14% Lou G & E A . . 18V* . Nat Pwr & Lit . 12% 12 12V* 12V* North Amer 19V* 19 19 19% Pac G & E 20 Pub Serv N J... 39% So Cel Edison .. 18% 18% 18% 18% Std Gas 13V* 13 13% 13% Std Gas pfd 13% 13% United Corp .... 6% 6% 6% 6% Un Gas Imp ... 17% 17 17% 17''* Ut Pwr & Lit A 4Vs 4% Western Union. 57% 55 56% 56 Rubbers— Firestone 22 20% 22 21 Goodrich 16% 15% 16 15% Goodvear 38% 36% 38V* 37% U S Rubber . 20% 19% 20 19% U S Rubber pfd. 45% 44% 45% 44% Kel Spring ..... 4 3% 4 3% Amusements— Croslev Radio 14 Fox Thea . 15% 16 Loews Inc 32% 31% 32*4 32% Radio Corp .... 8 7% 8 8 RKO 3% 3% 3% 3% Warner Bros ... 644 6% 6% 6% Foods— Am Sugar 53 % 5444 Armour A 6 5% 6 5% Beatrice Cream 15'% 15V* Borden Prod ... 23% 22% 23% 23% Cal Packing ... ... ... 25 Canada Dry G A .. * ... 24% Coca Cola . 100 % . Cont Bak A ... 12% 12‘/4 12% 12V* Corn Prod 72% 71% 72% 72 Crm of Wheat . 32% 32% 32% 32% Gen Foods 34 33% 34 33V8 Gold Dust 20% 19% 20% 19% G W Sugar 27% 26% 27% 26% Hershev 52% 52 52 Int Salt 26% 26% Loose Wiles ... 43% 41 43'4 4144 Natl Biscuit... 43% 42 43% 42% Natl D Prod ... 16% 15% 16% 16 Purity Bak 16 15% 15% 15% S Porto Rico Sug 33 32% 32% 33 Std Brands 21% 21% 21% 21% United Fruit ... 66 65% 66 66% Wrigley 59% 59% 59% 59% Retail Stores— Ass Dry Goods . 16% 18 16% 16% Best & Cos W 32% 32 324® 32% Gimbel Bros 5% 5Vs 5 '/* 5% Hahn Dept Sts. 7% 7'/s 7Vs 7 Jewel Tea . .. 45 Kresge S S 20 19% 19% 20 Kroger Groc ... 30% 30% 30% 31 Macy R H .... 53% 53% 53% 53% May Dept St ... 41% 40% 41% 41 Mont Ward .... 32% 31% 324-8 31% Penny J C 66% 66 66% 65% Safewy St 53 52 53 52% Sears Roebuck . . 48% 47% 47% 48 Woolworth 51% 50 5 1% 51 Aviation— Aviation Corp .. 8% 8 8V 8 Douglass Air .. 27% 25 27% 25% Curtiss Wright.. 4% 4% 4% 4% Curtiss Wr A . . 10% 10Vs 10% 10'/* Nor Am Av . 6% 6 6V* 6 United Aircraft. 24% 23Vs 24% 23% Chemicals— Air Reduction 97% Allied Chem 151 149V* IMS'® 150% Am Com Alcohol 51% 51 51 50% Col Carbon . 70 68'® 70 69 Com Solvents .. 27% 26% 27% 27% Dupont .. . 97% 95% 97 96% Freeport Tex ... 44% 43% 43'® 45 Liquid Carb ... 28% 26% 284* 274® Math Alakli . 35% 34% 35% 34% Tex Gulf Sulph 37% 37% 37% 37% Union Carbide 444® 43% 44 43% U S Ind Alcohol 54 53% 54 53 % Natl Dist (new) 28% 274* 28% 27% Drugs— Cotv Inc 7% 74® 7% 7% Lambert 28% 284s 28% 28% Lehn & Fink 19% 19>4 Zonite Prod .... 7% 7 7% 7 Financial— Adams Exp 104® 9% 9% 97® Allegheny Corp . S'® 2% 2% 34® Chesa Corp 42 41% 41% 41 Transamerica ... 7% 7Vs 74® 744 CHICAGO IRUIT MARKET By United Press CHICAGO. March 16—Apples—Michigan Baldwins. $1.4001.50, few $1.60. Carrots— Illinois. 400 50c bushel Spinach—Texas 650 85c bushel. Beans- Southern, green 52.750 3.1; wax. $203 Cucumbers—Central western hothouse. s2© 2.50. two doz. Tomatoes—Florida. $1.25 02 25 box. Sweet potatoes—Tennessee. sl6s® 175: Indiana 51.60 01.75. Rhubarb—Michigan hothouse 20®30c. flve-lb. cartons. Rutabagas— Central western. 75®85c. fif:v-lb. sacks. Turnips—Central western, 75c bushel. Mushrooms—lllinois. 17%©32%c. one-lb. carton. Asparagus—California. $1.75® 5.75. Onion market (50-lb. sacks) Western Valencias, [email protected]; v central western yellows, 75c®$1; western whites, *1.5002. •j
Tr Conti Corp... 5% 5 5 5 Building— Am Radiator ... 14% 14% 14% 14% Gen Asphalt 18% 18 18% 18% Int Cement ... . 30 -ohr.s MaaviUe 59% 57% 59% 57% Libbv Owens Ols 37% 37 37% 37% Otis Elev 16% 16 16% 16% Lien Const 3% Miscellaneous— Ain Bank Note 18% 19% Am Can 100% 100 100% 100 Anchor Cap . . . 19% Brklvn Man Tr 31% 31% 31% 31% Conti Can . 78% 78 76% 78% Eas'rr.an Kodak 89% 89% 89% 88% Owens Bottle ... . 85 84% Gillette 11 10% 10% 11 Giidden 24% 23% 23% 34 Gotham Silk 9% 9% 9% . Indus Ravon 84% 84% Inter Rapid TT 9% Real Silk Hose 11V* 11%
Produce Markets
Delivered in Indianapolis Price*—Hens, lie, Leghorn hens. Bc. Leghorn spring-er-stags, 6c; large springer-stags. 9c; cocks, sc; Leghorn cocks, 4c; ducks, full feathered and fat. 4% lbs. and over 7c. feese, 6c: young guineas. 1% to 3 lbs.. Oc; old guineas. 20c. No. 1 strictly fresh country run eggs, loss off 14c each full case must weigh 55 lbs. gross; a deduction of 10c a pound for each pound under 55 lbs. wil Ibe made. Butter—No. 1. 30® 31c. No. 2. 27®28c; butterfat, 23c.—Quoted by Wadley. By United Pres* CHICAGO, March 16. —Eggs—Market barely steady: receipts, 28.136 cases; extra firsts. 17%c; fresh graded firsts, 17%c: current receipts, 16%c: checks. 14%c; dirties. 15%c. Butter—Market steady; receipts, 9.753 tubs; extra firsts (90-91% scoret, 23%®24c: firsts (88-89% scorei. 22' 2 ® 23c; seconds >B6-87% score'. 22c; extras i9 scorei, 4%c; specials. 24%© 25%c; standards. 24%c. Poultry—Market, steady; receipts. 15 trucks, one care due; turkey hens. 17c; light hens. 14c; Leghorns. 12c; colored springers. 17c: Plymouth Rock broilers. 26c; geese, 12c. Cheese—Twins, 14%©14%c; Longhorns. 15015%c; Daisies. 15015%c. Potatoes—Old stock, supply liberal: demand and trading moderate; market dull; Idaho russets. $1.8001.90. mostly $1.85; U S. Na. 2. $1.60; Colorado McClures, $1.85®2; poorer quality. $1.75® consin round whites. $1.5001.55; few 1.80; Nebraska triumphs. $1.4001.50; Wishigher; new stock, supply' moderate; demand and trading slow; market about steady. Shipments, 956; arrivals. 89; on track. 325. CLEVELAND. March 16.—Butter—Market. firm; extras. 28%c: standards. 28%c. Eggs—Market, firm; extra white. 17%c; current receipts, 17c. Poultry—Market barely steady; colored fowl, medium. 16®, 17c; Leghorn fowls. 3% lbs. and up 13® 14c; Leghorn fowls, light, 12c; springers, smooth. 16017 c; capons. 8 lbs. and up, 22c; colored broilers. 27®28c; stags, 12c; ducks, white, 5 lbs. and up. 17018 c; roosters. 9c; ducks, light. 16c: geese, 12© 13c. Potatoes—Maine. 52.4002.a0; Idaho. $2.2002.30; Ohio and New York, best $2.10 02.15. NEW YORK, March 16.—Potatoes dull; Long Island, $1.3002.55 bbl.; Southern. [email protected] bbl.; Maine. $1.3504.10 bbl.; Idaho. $2.250 2.40 sack; Bermuda, $5,500 7.65 bbl.; Canada, $2.1502.25 bbl. Sweet Potatoes—Dull; Jersey. 40c®51.75; Southern basket, 50c® $1.35. Flouf—Easy; springs: patents, $6.5006.75 bbl. PorkSteady. . Mess—s2o.2s bbl. Lard—Dull; Middle West 5p0t—55.30®5.40 per 100 lbs. Dressed Poultry—Firm; turkeys, 184®®25c; 19®33c; fowls. 13018 c; Long Island ducks, chickens, 9@29c; .broilers. 140 30c; capons, 14'®@15'®c. Live Poultry—Quiet; geese, 709 c; turkeys, 20@28c; roosters, 10c; ducks. B@l2c; fowls. 13016 c; chickens. 13 ©18c: capons. 22©;27c: broilers. 10©25c. Cheese—Weak state whole milk; specials, 190 20c; Young America, 15*®@15%c. Butter Receipts—9,2l7 packages; market firmer: creamery, higher than extras, 25% ©26c; 92 score, 25c; first, 90 to 91 score. 24%@24%c; 88 to 89 score. 24® 24'4c: centralized, 90 score 24%c; centralized. 83 to 89 score, 24024%c. , Egg—Receipts, 16,013 cases; market, unsettled; special packs, including unusual hennery selections. 21®22c; standards. 18%©20%c; firsts. 18c; seconds. 16%0.17c; mediums, 16% ® 17c; dirties. 17c; checks, 16c.
CINCINNATI, March 16.—Butter—Packing stock No. 2,18 c: butterfat, 23c. Eggs— Steady; extra firsts, 17%c; seconds. 16c; nearby ungraded, 17c; goose. 75c: ducks. 25c. Live poultry—Fowls, 6 lbs. and up. 12 1 2c; 4 lbs. and up, 13%c; 3 lbs. and up. 13’,®c; Leghorns. 3 lbs. and up. 12c; roosters. 9c; stags, colored. 13c: Leghorns. 10c: 1934 colored broilers, 1% lbs. and up, 12c; 2 lbs. and up. 25c; capons. 8 lbs. and up. 22c; under 8 libs., 19c: ducks, white, 4 lbs. and up. 12c; under 4 lbs.. 11c; colored. 4 lbs. and up, 11c; under 4 lbs., 10c; guineas, old, 10c; No. 1 turkeys, young hens. 8 lbs. and up and young tom's, 1015 lbs., 20c: young toms, over 15 lbs., 20c; No. 1 old toms, 15c.
Bright Spots
(By Abbott, Hoppin & Cos.) Calumet and Hecla Mining Company In 1933 had a net profit of $231,35 after charges against $106,888 in 1932. Hollniger Gold Mining Company in 1933 earned $1.17 a comon share against 80 cents a share in 1932. Fox Film Company and subsidiaries for thirty-nine weeks ended Dec. 80 reported a net profit of 51,410,793 after charges against a net loss of $7,595,100 in forty weeks ended Dec. 31, 1932. Union Tank Car Company in 1933 earned 99 cents a share against 84 cents in 1932. Detroit Edison Company and subsidiaries in twelve months ended Feb. 28 earned $5.16 a share against $4.50 in the previous twelve months. 1 Air Reduction Company declares the regular quarterly dividend of 75 cents a share on the common stock. Columbia Carbon Company in 1933 earned $2.10 a common share against $1.77 in 1932. American Zinc Company and subsidiaries in 1933 earned $3.31 a share on the 6 per cent preferred stock against a net loss of $64,935 in 1932. Pacific Gas and Electric Company declares the regular quarterly dividend of 37% cents a shares on the common stock. Preliminary report of the National Distilling Company and subsidiaries in the year ended Dec. 31 shows assets of $18,146,478 and liabilities of $1,887,788 against $11,295,276 assets and liabilities of $1,534,708 on Dec. 31, 1932. Phillip Morris Company declares the regular quarterly dividend of 25 cents a share on the common stock. General Baking Company sales for the first ten weeks of the current year Increased 27 per ent over the like 1933 period. Cream of Wheat Company declares the regular quarterly dividend of 50 cents a common share. United Biscuit Company in 1933, earned $2.03 a common share after charges and preferred stock dividends against $1.79 in 1932. Youngstown Steel Car Door Company has been awarded to contract for 12.000 j steel car doors by the Pennsylvania Rail- j road Company.
Retail Coal Prices
The following prices represent quota- j tions from leading Indiananolis coal deal- ! ers. A cash discount of 25 cents per ton ! is allowed DOMESTIC RETAIL PRICES Anthracite *4.25 Coke, nut size 8.75 1 Coke, egg size 8.75 ! Indiana, forked lump 5 50 Indiana, egg 5.00 ! Indiana, mine run 4.75 Kentucky lump 7.00 ! Pocahontas lump 8 25 : Pocahontas egg 825 Pocahontas forked lump 9 25 ' Pocahontas mine run 7.25 i 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 1 bin. TOLEDO CASH GRAIN By United Press TOLEDO, March 16 —Grain close: (Grain in elevators, transit billing 1 — ; Wheat —No. 2 red. 92© 93c. Corn—No. 2 yellow, 54%®55%c. Oats—No. 2 white, 39 ©4O. Rye—No. 2. 65%®66%c. iTrack prices. 28%c rate). Wheat—No. 1 red. 88 % © 89c: No. 2 red. 87%®88c Corn—! No. 2 vellow. 50%®51c; No. 3 vellow, 49 ©4oc; No. 4 vellow. 48© 49c: No 2 white, 34% ® 36%c: No. 3 white. 34®36c. Seed close. Clover—March. $8 25. Alslke—Cash, $8.50. NEW YORK RAW SUGAP, FUTURES March 16— High. Low. Close. January 1.73 ! March ... 1.45 May 1.55 1.51 1.55 July 1.61 1.58 1.61 September 1.57 1.63 1.67 ! December 1.72 1.69 1.72 INDIANAPOLIS WAGON WHEAT City grain elevators are pa ring 80 cents for No. 2 soft red wneat. Jtner grade) on their merits.
Fletcher Ave. Savings & Loan Assn. Mail Accounts I A C I! <*•!#ftl Cl Ua **•> Dividend* Safely Handle* I U ka mCHACI Ola °° Sav,n ** tvr
■MARCH 17,193*4
FUTURES CLOSE HIGHER DESPITE SHARPDECLINE Rain, Snow Forecast Over Spring Wheat Belt: Interest Gains. BY HARMAN W, NICHOLS United Pres* Staff Correspondent CHICAGO, March 17. Grain markets firmed yesterday after a weak start on the Board of Trade. A decline of abound i: > cent from Thursday’s finish was followed by a rally which carried the local price back to above the last close. Wheat dosed 3 s to cent higher; corn ranged from cent lower to H cent higher, and oats were *4 to % cent higher. There was some short covering in evidence on the way up, the rally in motor stocks on the New York Stock Exchange having some effect around noon. The weather forecast indicated general rain or snow over the greater part of the spring and winter wheat belt with the storm likely to assume blizzard proportions in some sections of the area. Argentina exported 18.000 bushels of wheat to the United States the past week but owing to the fact the American prices are regarded as somewhat below an import basis, it was looked upon as a special transaction rather than the forerunner of a liberal movement to this country. Corn and other grains slipped fractionally early but later recovered the loss when a wave of scattered buying set in. Provisions were easier with grains and in sympathy with a drop in hog prices. Chicago Primary Receipts —March 16 Bushels Today Last Week Wheat 315,500 253.000 Corn 648.000 472,000 Oats 106,000 127,000 Chicago Futures Range —March 16— WHEAT— Prev Ooen. High. Low. Close, close. May... .86% .87% .86% 87% 86 7 ® July... .86% .87% .86% .874® .87 Sept .87% .88% .87% .88% .88 CORN— May... .50% .51 .50% .50% .50% July... .52% ,52 7 ® .52% .52% 52% Sept. 54% ,54 s ® .54'® .54% .54% OATS— May... .33 .33% .33 .33% .33% July... .33% .34% .33% .344® .34% Sept . .34'® .34% .34'® .34% .34% RYE— May... .58V* .59'® .58 .59 .58'® July .. .59% 60% .594® .60Vs .59% Sept .. .624® .62% .61'® .62 .62'® BARLEY— May .4734 Sept .... .. .. .431® .47%' LARD (old) May 605 6.07 5.97 5.97 6.12 BELLIES (old) May 7.45 7.45 BELLIES (new) May.. _ 8.05 805 July.. 8.27 827 8 27 S e Pt _■ • 8.62 8.62 LARD (new! May.. 6.60 6 60 6.52 6 52 6 65 July.. 6.65 6.65 6 60 6.60 667 Sept.. 6 85 6.85 6.77 6.80 6.87 Indianapolis Cash Grain —March 16— The bids for car lots of grain at the call of the Indianapolis Board of Trade f. 0. b., shipping point, basis 41'® New York rate, were: Wheat—Steady: No. 1 red. 82®83c; No. 2 red. 81® 82c; No. 2 hard. 81© 92c. Corn—Steady: No 3 white 43%®,44%c' N°- ''’ hite iT 42%©434 2 c; No. 3 yellow! 42%®43%e; No. 4 yellow, 41%®42%c- No. 3 mixed. 41%©42%c; No. 4 mixed, 40%©; 41 %c. Oats—Steady: No. 2 white. 31%@32!®c: No. 3 white. 304®0314®c. —lnspections Wheat—No. 1 red, 4 cars; No. 2 red 8 cars; sample, 1 car. Total, 8 cars Corn—No. 2 white. 1 car; No. 3 white 7 cars; No. 4 white. 1 car; No. 1 yellow’ 1 car; No. 2 yellow. 9 cars; No. 3 yellow’ 28 cars; No. 4 yellow. 5 cars: No. 5 yellow 2 cars; No. 3 mixed, 1 car; No. 4 mixed.. 1 car. Total, 56 cars. Oats—No. 1 white. 1 car; No. 2 white, 7 cars; No. 3 white, 3 cars; sample white. 1 car. Total, 12 cars. CHICAGO CASH GRAIN By United Press > March 16.—Cash grain: Wheat—No. 2 red. 90c; No. 1 hard, 9c No. 2 hard. 89c. Corn flake billing I—No. 2 yellow 48% 0 49'ic; No. 2 white, 51 %c; No. 3 white,, 50%c; (regular rum No. 3 mixed. 48%®48%c: No 2 yellow. 49©49%cNo. 3 yellow. 48%©49%c; No. 4 vellow 48%c; No. 6 yellow. 46c: No. 6 white. 47© 47%c; /old corn! No. 2 yellow. 50'/*® s< L® c: 3 jellow, 49%c. Oats—No. 1 white. 38c (36% lbs.): No. 2 white 34%® 36c; No. 4 white. 32%c. Rve—No sales. Barley—sloßoc; quotable, 50©82c. Timothy—s7.2so7.so. Clover seed—sll® 14 50 P as , h .Provisions: Lard. $6.35; loose. $6.35: leaf. $6.5; S. belleis, $8.12.
SUNDAY SPECIAL ROAST CHICKEN DINNER ’ 55c We Serve D>mestie and Ini- KfllraS ported Wines by —'Tjj Bottle nr Drink. WCj >4 \l| Prime Kosher[>''§r Restaurant • Formerly Solomon’s 53*4 S. Illinois St. LI. 0658
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The Strong Old Bank of Indiana The Indiana National Bank of Indianapolis
