Indianapolis Times, Volume 45, Number 273, Indianapolis, Marion County, 26 March 1934 — Page 11

MARCH 26, 1934.

Wall Street Additional Powers, Court Rulings Are Needed to Establish Codes.

■ BY RALril Iit MIf.KSHOT limrs special Financial Writer TIUSINESS codes have been in ■*“* operation lor several months. They have received, in the opinion of many observers, a fair trial. Some pronounce them as successful as| could as reasonably expected, while others take the stand that they have proven utter failures from the start and show little or no promise serving the purposes for

which they were tended. It should be admitted from the outset that no code or set of codes of fair business practice could be written which would be satisfactory to everybody concerned. Particularly is this true in the first few months of their operations. Business organ izations have been geared to conduct their

Ralph Ilendershot

affairs along established lines, ana when these lines are radically charged, some are bound to be hurt. The codes have certain rights to big business which they had not previously enjoyed legally. Chiet among these was the right of corporations to get together on problems involving competition. Before that time they had always been very much afraid of the anti-trust laws. But the codes, in effect, also exacted adherence to certain principles, among which is that the rights in connection with competition were not to be abused. The small business was to receive equal privilees with big business. an a Monopolistic Practices Charged Monopolistic practices have been charged in a,t least two important industries —oil and steel. These charges are being investigated by a special board of review, which will report to the President on its findings. In view of the high type of men selected to serve on the board it is fair to assume that its findings will be unbiased and that steps will be taken to correct any irregularities which may be found. And inasmuch as industries were given the right to unite, in effect, in working out their problems, it was thought also that labor should 1 be given the right to unite to insure protection of its interests. No one should quarrel seriously with such a principle, but it seems as if that issue is destined to cause more trouble than any of the others involved in the codes. Serious troubles have arisen in the automobile industry, and the danger of a general strike appears to be quite great. The chief issue at stake is whether workers are to be permitted to organize on any basis they see fit or they must confine their organizations to company unions. The corporations have refused to confer with outside labor leaders, charging that 'the wishes of the workers could not be expressed under such conditions.

Provide Drastic Penalties UNDER the codes administrators have been selected to see to it that the fair business practices decided upon are carried out. It would be supposed that these administrators would have the power to act as arbitrators on differences of opinions which arise from time to time, whether they be between one corporation and another or between a corporation or group of corporations an dtheir workers. It would also be supposed that they would have the power to enforce their decisions after listening to all of the arguments. Certain drastic penalties have been provided by which the administrators can enforce their rulings so far as they pertain to corporations. Apparently, however, they have been given no means for enforcing rulings on labor questions, at least so far as they relate to the unions. It seems as if they may attempt mediation, but their good offices may be accepted or rejected as is seen fit. Lacking such power, it is difficult to see how the NRA, under which the codes were created, can be truly effective. Likewise until such powers as the code administrators have been given are tested in court it probably should not be taken for granted that its effectiveness is at all permanent. Developments during the next few months are expected to have an important bearing on the entire code theory as well as on the NRA. Retail Coal Prices The following prices represent quotations from leading Indianapolis coal dealers. "A cash discount of 25 cents per ton is allowed. DOMESTIC RETAIL PRICES Anthracite $4.25 Coke, nut size 8.75 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 8.25 Pocahontas forked lump 925 Pocahontas mine run 7.25 New River smokeless 8 25 y. r ‘ n lum P 6.75 We* l .'jrginia egg 6 50 Island Creek ... 7.00 Extra charge of 50c a ton for wheeling coal, and $1 a ton for coal carried to bln. In the Cotton Markets —March 24 CHICAGO High. Low. Close. January 12.51 12.40 12 51 J* arc & 12.02 May 12.12 12.01 12.10 October 12 36 12 24 12 36 December 12 47 12 35 12.47 NEW YORK January 12 42 12.30 12 40 May 12 04 11.93 12.00 October 12.27 12 15 12 24 December 12 38 12 28 12.35 NEW ORLEANS January 12 38 Mav 12 03 11 93 12 01 July 12 15 12.05 12.12 October 12 27 12,20 12 25 December 12.35 12.23 12.35 NEW YORK COFFEE FIT!RES —March 24 SANTOS High. Low. Close May 10 65 10 59 10.59 July 10.85 10 78 10.78 September 11.16 1110 li.io December 11.27 11 20 11.20 RIO January : ... 8.06 March 8.25 July . . . 8 3 September 8.50 8.45 8.45 December ..... ..... 8.45

STOCKS TURN UPWARD AFTER LABOR AGREEMENT

PORKER SALES REMAIN STEADY AT CITYYARDS Cattle, Lambs Unchanged; Vealers Prices Weak at $7 Down. Despite an increase in hog receipts at the Union Stockyards this morning, prices on practically all grades remained unchanged with Saturday's average. Initial trade developed slow and several buyers were absent. Early bulk of all weights was selling at $4.25 to 54.50. Few gooa and choice kinds were reported salable at $4.55 to $4.60. General bulk of light weights, 130 to 160 pounds, sold at $3.40 to $3.90. while light slaughter pigs scaling 100 to 130 pounds, brought $2.15 to $3.15. Receipts were estimated at 7.000; holdovers, 57. Initial sales in the cattle market were slow and steady, with quality consisting mostly of common and medium steers. She stock was stationary. Receipts numbered 600. Extreme weakness appeared in the veal market, with most classes around $1 lower, selling at $7 down. Receipts were 500. Lamb values continued steady, with supply mostly clipped lambs salable at $9. Several wool offerings of lower grade were slightly weaker. Receipts were 700. Hog prices remained mostly steady at Chicago with Friday's average at $4.50 down. Receipts were estimated at 30,000/ including 15,000 directs; holdovers, 1,000. Cattle receipts were 17,000; calves, 2,000; market weak to 25 cents lower. Sheep receipts were 24,000; market sharply lower. HOGS March. Bulk. Top. Receipts. 20. $4 .35® 4.60 $4.65 7.000 21. 4.201 V/ 4.45 4.45 6,000 22. 4.15*1 4.40 4 50 5.000 23. 4.354/ 4.60 4.70 4,000 24. 4.254/ 4 50 4 55 2.000 25. 4.25® 4.50 4.60 7.000 Market, steady (140-160/ Good and choice....s 3.65® 3.90 —Light Weights—--1160-1801 Good and choice 4.2545, 4.35 (180-200) Good and choice ... 4.45 - Medium Weights—--1200-220) Good and choice 4.50 (220-250) Good and choice ... 4.4545; 4.60 —Heavy Weights—-(2so-290) Good and choice ... 4.4545 4.60 (290-350) Good and choice ... 4.35® 4.50 —Packing Sows—<3so down) Good 3.5045 3 75 1250 up) Good 3.254/ 3.50 (All weights) Medium 3.00® 3.50 —Slaughter Pigs—-(-100-130) Good and choie ... 2.15® 3.15 CATTLE Receipts, 600; market, steady (1,050-1,100)-Good and choice $ 6.25® 7.25 Common and medium 4.254/ 6.25 (1,100-1,5001-Good and choice 6.00® 7.50 Common and medium 4.504/ 6.00 1 675-750) Good and choice 5.25® 6.50 Common and medium 3.004/ 5.25 (750-900) Good and choice 4.75® 6.25 Common and medium 2.15® 4.75 —Cows— Good 3.254? 3.75 Common and medium 2.764? 3 25 Low cutter and medium 1.50® 2.75 —Bulls (yearlings excludedi Good (beef steers) 2.75® 3.50 Cutter, common and medium.. 1.50® 2.75 VEALERS Receipts, 500; market, lower. Good and choice $ 6.50® 700 Medium 4,50*, 6.50 Cull and common 2.50® 4.70 —Calves— Good and choice 7.00® 7 50 Common and medium 2.004/ 3.50 —Feeder and Stocker Cattle—-<soo-9001 Good and choice 4.00® 5.25 Common and medium 2.754/ 4.00 (800-1,500) Good and choice 4.00® 5.25 Common and medium 2.75® 400 - SHEEP AND LAMBS Receipts, 700; market, steady Wool Grades 90 lbs. down) Good & choice .$ 8.75® 9,25 (90-110 lbs.) Good and choice. 8.504/ 900 (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 > Bv United Press CHICAGO. March 26 Hogs—Receipts, 30.000; including 15.000 directs; strong to 5c higher than Friday's average; few choice. 200-220 lbs. showing advance; butchers slow: top. $4.60: better grade 180240 lbs. mostly $4.50';/ 4.55; pigs. $2.50® f 25 - J’ ack “ M! • sows - $3.50® 3.65; light lights, 140-160 lbs., good and choice, $3.50®4.35; lightweights. 160-200 lbs., good and choice $4®4.50; medium weights, 200-250 lbs., choice, $4.40® 4.60: heavyweights, 230-330 lbs., good and choice. $4.15®4.50: packing sows. 275-550 lbs., medium and choice, $3.25® 3.70; slaughter pigs, 100-130 lbs., good and choice. $2.50®.3.50. CattleReceipts. 17,000: calves. 2,000; few steers ®.hd yearlings. 15® 25c lower; comparatively little done 'at decline: killing quality good; largely, $5.504/ 7: market, early top $7.35 Paid for long yearlings as well as prime 1.400-lb. bullocks; bulls steady, but ail others tending lower; slaughter cattle and vealers: Steers, 550-900 lbs., good and choice, $5.75® 7.60: 900-1.100 lbs., good and choice. $5.75® 7.60: 1,100-1.300 lbs., good and choice. $5.75® 7.50; 1,300-1.500 lbs., good and choice. $5.25® 7.35: 550-1,300 lbs., common and medium, $3.75® 5.75; heifers, 550-750 lbs., good and choice. $4.50® 6; common and medium. $3.25® 4.50: cows, good, 53.25® 4.25; common and medium, $2.50® 3.25; low cutter and cutter cows, $1.50®2.50; bulls, yearlings excluded, good beef, $3.25® 3.75; cutter, common and medium. $2.50® 3.40: vealers, good and choice, $5.25® 7.50; medium. $4.50® 5.25: culls and common, $3.50® 4.50; stocker and feeder cattle: Steers. 550-1.050 lbs., good and S4 50 " 5-75: common and medium. s3.2a® 4.75. Sheep—Receipts. 24.000: fat lambs opening slow; indications 25®35c lower, or around $8.75® 9 on good to choice wooled lambs: sheep steady; slaughter sheep and lambs: Lambs. 90 lbs. down, good and choice. $8.65® 9.15: common and medium. s7® 8.60: 90-98 lbs., good and choice, sß® 9.10: ewes, 90-150 lbs., good and choice. s4® 5.75; all weights, common and medium. s3® 4.50. LAFAYETTE March 26.—Hogs—Market steady; 200-325 lbs . 54.20® 4.35; 170-200 lbs., $4.15® 4.25; 150-170 lbs.. $3.65® 3.90' 130-150 lbs.. $3.15® 3.40; 120-130 lbs.. $2 65 ®2.90; 100-120 lbs.. $1.90® 2.40: roughs. 53.75 down; top calves. $6: top lambs. SB. EAST ST. LOUIS. 111.. March 26.—Hogs —Receipts. 11.000. including 1.350 through and direct; market uneven, steady to 5c lower: pigs and light lights steady to 10c higher; top. $4.45; bulk. 180-250 lbs.. $4.40 ® 4 45; 150-170 bs., $3.85® 4.35: 130-140 lbs. $2 85® 3.40; 100-130 lbs.. $2.25® 2.90; sows. $3.35®3 60. Cattle—Receipts. 3.500: calves, 2.500; market very slow on steers with bids unevenly lower: mixed yearlings and heifers about steady in early deals, but slow: big killers bidding unevenly lower on cows with a few early sales to traders barely steady: bulls strong, practical top $3 4. with occasional sales higher: vealers 25® 50c lower; top. $6.75: nominal range slaughter steers. $3.75® 7; slaughter heifers. $3.25 ® 6.50. Slaughter steers. 5501.100 lbs., good and choice. $5.75® 7; good. ss® 6.50: medium. $4.50® 5.75. Sheep—Receipts, 2.500: market not vet established: packers talking lower on lambs; a fewnative spring lambs to city butchers, $12.50 ®l3 50; small lot of choice native wooled lambs. $9 50. Lambs. 90 lbs. down, good and choice. $8.75 9 9.50. common and medium. s6'® 9; 90-98 lbs., good and choice 58.50® 9 40; 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. fit/ Time* Special LOUISVILLE. March 26—Cattle— Receipts, 700; supply light; quality onlyfair; market, moderately active, fully steady to strong: spots slightly higher on few lightweights: bulk, common to medium steers and heifers. s4® 5: few better finished kinds. $5 25® 6. the latter price paid for several head of good baby beef type yearlings: bulk beef cows. $2 50®3.25: practical top. $3.50: good handvweight heifer type cows, quotable higher; bulk low cutters and cutters. $1.25®2.25; sausage bulls. $3 50 down; very little done on stockers and feeders: indications about steady. Calves—Receipts. 600; market fully 50c or more lower, considering strict sort: bulk better vealers. ss'® 5.50: strictly choice kinds, scarce eligible $6; medium and lower grades, $4.50 down. Hogs—Receipts. 1.500. including 223 direct; steadv with Saturday or 10c lower than Friday--170-240 lbs . $4 55: 245-270 lbs., $4 20 215 lbs. up. $3.85: 145-65 lbs . S3 55; 120-140 lbs . 52.20: sows. $2.60. Sheep—Receipts. 150: run includes several consignments of spring lambs; two lots choice kinds averaging 66-77 lbs, sl3: less desirable kinds salable at less: other classes, steady; medium to good lambs. $7.50® 8 50: choice $9: better light throwouts. $5.50; fat ewes. $2,504/3. NEW YORK RAW SUGAR FUTURES —March 24 High. Low. Close. January . 1.67 March 1.73 1.72 1.72 Mav 1.53 1.50 1.52 July 1.58 1.57 1.57 September . 1.63 December 1.68 1.67 1.67

American Business Shows Swift Upturn; Official Estimate Is Exceeded

U. S. Stores Report Highest Sales Volume Since Spring of 1931. BY RICHARD L. GRIDLEY United Press Financial Correspondent WASHINGTON, March 26. American business recovery is proceeding faster than President Roosevelt's fiscal advisers thought likely several months ago and activity for the current fiscal year may exceed the “fair” business year of 1931. Treasury department business charts estimate industrial activity for the fiscal year which ends June 30 at 81 per cent of the 1923-25 average. This was the average level for the calendar year 1931. This estimate has been exceeded in the first eight months of the current fiscal year even without the full effects of the usual spring rise in business activity. Activity in the eight months ended Feb. 28, federal reserve board figures showed has exceeded 82 per cent of the 1923-25 average. Further Gains Shown Current activity has made further gains since February and the average rate for the fiscal year may be raised close to 85 per cent by June. The treasury department fiscal experts have plotted the business curve two years in the future to aid in figuring prospective government tax revenue. In the twelve months ended June 30, 1935, activity is estimated at 98 per cent or in excess of 1930. Notwithstanding threatened strikes, sentiment in official quarters over the near term business outlook continues to improve. The administration’s confidence was demonstrated this week when it ordered the first March bank “call” in three years. National banks were expected to show an increase of some half billion dollars in deposits. Auto Output Soars The highest sales volume since the spring of 1931 has been reported by some leading stores. Cigaret output in the first two months of 1934 exceeded the twenty billion mark for the first time in history for these 'two months. Automobile output rose to anew high last week of 79.673 units. A year ago only 19,625 units were produced. Electric powder output last week was 20 per cent above a year ago. Bituminous coal output rose to 8.550,000 tons last week from 5,123,000 tons a year ago. Anthracite coal output rose to 1,674,000 tons from 929,000 tons a year ago. Steel ingot output this week, however only held its ow’n at 48V2 per cent of capacity.

On Commission Row

—MARCH 26Fruits Apples—New York Baldwins, fancy, $1.60; fancy Staymans $2.25; fancy Winesaps, $2.60. Oranges California Sunkist. $3.25@4; Floridas. $2.75(33.50. Lemons—Sunkist. $5.75: Red Ball $5.25 Grapefruit—Arizona seedless 80s. $2.75@ 3: Florida. $3.25. Strawberries—Florida, pint, 16@17c: 36pt. crate, $5.50(36. Strawberries—Florida, pint. 16c: 36lb. bo. $2.25. Melons—Argentina Honevdews. $2.75. Pears—Florida, Avacados, $2.50: Calavos $3.50 per box. Bananas—Per pound, 5 cents. Vegetables Cabbage—New Texas, $1.25 per halfcrate; Florida red, $3 pep hamper. Celery—Florida. [email protected] a crate; mammoth bunch 75c; medium bunch, 45c; hearts, dozen bunch, $1.35. Onions—lndiana yellow. 50-lb. bag, $1.35; red. $1.35: Idaho. Spanish. $1.35. Potatoes—Northern round white. 100-lb. bag. $2: Red River Ohios. $2.20; Maine Green Mountain. $2.50: Colorado McClures. $2.25; Idaho Russets. $2.25; Wyoming Triumphs. 50-lb. bag. $1.25; New Florida Triumphs $2.15. Sweet Potatoes—lndiana Jerseys per bushel. $2; Porto Ricans, $1,85. Asparagus—California select. crate. $2.50® 3.50. Beans—Round, stringless, $3.50; new lima. $3. Beets—New' Texas. 3 dozen crate. $1.75: bulk per bushel $1.50. Carrots—California 6 dozen crate. $3; bulk new. $1.40: bulk old. $1.75. Cauliflower—California. $1.60. Cucumbers—Hot house per dozen, $1.25. Lettuce —Hot house, 15-lb basket, $1.15; Iceberg best. s3® 3.50 a crate. Peas—2 B-lb. hamper. $2.35. Radishes—Hot house buttons. 45c a dozen: long white. $1.25 per dozen. Rhubarb—Hot house. 45c a bunch. Spinach—New Texas. $1 per bushel. Tomoatoes—Repacked. 10-lb. carton. $1.25; selected, cellophane wrapped $1.50; original Florida. 20-lb. lug. $2.50. Foreign Exchange (By Abbott. Hoppin & Cos.) —March 24 Close. Sterling. England $5.10% Franc, France .0659 Lira. Italy 1858 ' Belgias, Belgium 2333 Mark. Germany 33T2 Guilder. Holland 6735 Peseta. Spain 1366 Krone. Norway 2565 Krone. Denmark 2280 Yen. Japan 3010

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

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

January reaauAfty march 11 n a? 1 11 w it II 19 1 J IQ'“"’ U- . j TO 2 : 1 , (.lgtry|li[m ' I |- lH; Il! i||,l 1 H ll ‘ t¥ T I^ --'ll,/, k -t: 1 "I ’ “1 —i ll i 1 ,■ i"* j jfo* 1 ' I— i ; f -li ? ! : 1 t SA, * ' 'll i ! } 6 * tf| ,1111 : £ 4—’“ \ * 5 r { ■ ' - ■— l ’ * I! I ' --..1 - ' 1 : * I j i u/utj traoep j i —AA/AZ-v-N Aa As A *OO i V. \ 1 \1 1 \fj\A /\ A X——— 1 e£ M* V ' “ uo / ; voL. OQUBHO 1 j I 1 y ; o : /ATUROAYJ ,i Ii ' : l s S*oo .4. _llJ ;■■ 1,1 $ h ;| : | %

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

THE INDIANAPOLIS TIMES

Bright Spots

'By Abbott, Hoppin & Cos.) Seaboard Airline Company February net operating income totaled $380,514 after charges, against $145,625 in February, 1933. Co>-3oiidated Textile Company and subsidiaries in 1933 had a net loss of $229.227 after charges, against $1,233,639 in 1932. Pierce Arrow Companv and subsidiaries in 1933 had a net loss of $1,044,162 after charges, against $3,032,430 in 1932. Allegheny Corporation proposes an increase in authorized capital by 53.850 000 common and 150.000 shares of new prior preferred convertible stock of no par value. Illinois Central Railroad Companv February net operating income amounted to $1,132,402. against $473,494 in February. 1932. Chrysler Motor Car Companv reports unfilled dealer orders as of March 15 totaled 2,410 cars for shipment before April 30. Bond Prices (By Fenner & Beane) —March 26 High. Low. Close. Alleg Corp 5s ’SO 35 34% 34% Am&For Pwr 5s 2030 . 52 B&O cv 4Vis ’6O 69% 69% 69% Brazil 6Vis (26) ’57 28% 28% 28% Can Pac 4s 79Va 79% 79% ChMStP&P adj 5s A 2000 19 18% 18% ChMStP&P rs 5s A ’75. 53 52 52% Denmark 5%s ’55 . . 92% Erie RR rs 5s '67 71% 71 71% Goodyear 5s ’57 98% Gt Nor 7s A ’36 96% Int T&T db 5s ’55 66% 66% 66% Lorillard 7s '44 .. 116% Nat Dairy db sVis ’48.. 91(4 90% 91 Pac Gas &Elss A ’42.. 105% 105% 105% Para Pub 5%s ’SO 50 49% 50 Penn RR 4(4s D ’Bl 94% Royal Dutch 4s A '45 121 Vi Shell Un Oil 5s ’47 ... 97 Sin Cons 6V2S B 38 104% Texas Corp 5s ’44 101% 101 % 101% Un Pac Ist 4s ’47 103% 103 (4 103 Vi U S Rubber 5s A ’47 82 Vanadium 5s ’4l ... 7934 Western Un 5s ’51... 911Ygstwn S&T 5s B ’70.. 85% 85 85' Chicago Stocks By Abbott flonnip & Cos. —March 26 ... High. Low. 11:30 Asbestos Mfg . 31. Berghoff 934 954 9% Bastian-Blessmg . 714 Bendix Aviation 20% 19% 19% Borg-Warner 26% 26% 26% E L Bruce Cos . .. 15% Butler Bros 10% 10% 10% Chicago Corp Com 2% 2% 2% Chicago Corp pfd 27Vi 27 27 Cities Service 32% 2% Commonwealth Edison. . .. 55 Cord Corp --7% 7 7 Crane Cos ' . . 934 Gen Hosehold Util.... . 14 13% 13% Gen Household Aircraft . 1 Great Lakes Dredge ... 19 18% 18% Kingsbury ... 71/ Libby-McNeil 514 Marshall Field is% Middle West Utilities ... . . % Noblitt-Sparks Ind Inc. 14% 14% 14% Perfect Circle 32 Prima Cos 91 ■ Quaker Oats 113 Vi 113 113 Swift, &Cos 16% 16Vi 16% Swift International 28% 28 28% Thompson. JR " . . 03* Utah Radio 17® Vortex Cup Cos 10% Walgreen Cos., com 25% 25 25% Zenith Radio 3% 3% 3%

Investment Trust Shares

(By Abbott. Hoppin & Cos.) —March 24 B i ri. Ask Am Bank Stocks Corp 1.14' 1 18 Am & Gen Sec A 5 00 7 00 Am & Inv Tr Sh 150 Basic Industry Shares 3.45 3 55 British Type Inv Tr Sh 55 65 Collateral Trus Shares A.. 4.80 490 Corp Trust Shares (old) 2.12 215 Corp Trust Shares (new 2.41 244 Cumulative Trust Shares .4.11 418 Diversified Trust Shares A. 625 Diversified Trust Shares B 8.08 <8 12 Diversified Trust Shares C 3.21 325 Diversified Trust Shares D. 487 512 First Insurance Stock Corp. 1.30 135 First Common Stock Corp .. 83 86 Fixed Trust Oil Shares A . 8.75 900 Fixed Trust Oil Shares B . 7.50 775 Incorportators Invest 18.75 18.50 Land Bank Bond Shares ... 1.08 120 Low Priced Trust Shares... 6.30 640 MassJ Inv Trust Shares 18.68 20 30 Nation Wide Securities . 3.43 350 North Am Trust Shares (53) 1.89 North Am Trust Sh (55-56) 2.42 246 North Am Trust Shares (58). 2.48 2.52 Selected American Shares . 1.27 1.32 Selected American Sh Inc 2.75 .... Selected Cumulative Shares. 700 elected Income Shars 3.60 400 Std Am Trust Shares A ... 2.98 3.02 Trust Shares of America.. 2.88 2.92 Trustee Std Oil*A 5.55 5.75 Trustee Std Oil B 5.15 5 30 U S Elec Lt & Pwr A 12.50 13.00 Universal Trust Shares ... 3.08 3.17 U. S. Government Bonds By United Press NEW YORK March 24.—Closing liberties. (Decimals represent thirty-seconds.) Liberty 3%s (32-47) 102 29 Ist 4%s (32-47) 107 11 4th 4Vis (33-38) 103.10 Treasury 4 Vis-3 Vis (45) 101.26 4Vis (47-521 110 2 3 3 /gS (43-47) 109.9 3 3 sS (41-43) March 102 12 3 3 bs (40-43) June 102.12 3%s (411 101.2 3VsS (46-49) 100.16 3s (51-55) ' 99.2 CARS TO BE IMPROVED Burlington to Spend §IOO,OOO in Air-Conditioning Trains. Dining and observation cars on all crack trains of the Burlington railroad will be air-conditioned and available for summer traffic, C. G. Hageman, local agent, announced today. The improvements will be undertaken at once at an expense of more than SIOO,OOO.

Inti. Harvester Johns-Man villa Nat Biscuit Pub. Sos N J Sears Roebuck Stand, of N. J. Un. Aircraft U. S. Steel Union Pacific Westinghouse

MOTOR SHARES LEAD ADVANCE; VOLOMGAINS Large Blocks Appear as Strength Scatters Through List. Average Stock Prices Average of thirty industrials for Saturday: High 101.29. low 100.34, close 100.92, VP-i 12 .- Average of twenty rails: 48.25. 4/ 78, 47.92, up .33. Average of twenty utilities: 26:45. 26.17. 23.37. up .32. Average of forty bonds: 92.55. up .09. Average of ten first rails: 98.15 up .08. Average of ten second rails: 81:51. off .23. Average of ten utilities: 95.86, up .10. Average of ten industrials; 94.69, up .40. BY ELMER C. YVALZER United Press Financial Editor NEW YORK, March 26.—The stock market opened strong and fairly active today. Motor shares and motsr equipment issues led an advance. Settlement of the threatened strike of motor w’orkers improved the tone of all markets. Buyers were active at the opening and carried she market forward. Sizeable blocks came out at the opening with strength scattered through the list. Chrysler opened on a block of 6.000 shares at 55 for 2 points advance. The motors and affiliated groups’ opening uotations included; Yellow Cab 6%, up %; Pierce Arrow 5V2, up Vi; General Motors 5,000, 39V4, up 1 1 i; Packard 3.000, 5%, up T£; Auburn 54%, up %: Briggs 1,000. 1614, up %; Goodyear 37, up IV4; Dupont 97%, up 1%; Nash 2.000. 28, up 1; Studebaker 2.000, 8. up %, and Graham Page 1,500, 4, up Vs. Strength spread to all sections. Homestake Mining opened at 370. up 10. U. S. Steel opened on 2.000 shares at 53%, up IV4. Bethlehem Steel advanced 114 points to 42%, on 1,000 shares. American Can gained a point to 100. Farm euipment shares showed advances reaching to almost 2 points. New York Central was up 1% points to 37% on 1,400 shares. Atchison was fractionally higher. Oils were strong and active. Prices continueed to advance. Trading was active.

Bank Clearings

INDIANAPOLIS STATEMENT —March 26 Clearings $1,383,000.00 Debits 3,797,000.00 • TREASURY STATEMENT By L nited Press WASHINGTON, March 26.—Government expenses and receipts of the current fiscal year to March 23. compared with the corresponding period of the previous fiscal year: „ This year Last vear Expenses $4,684,872,434.41 $3,707,757,449.65 Receipts. $2,274,308,413.42 $1,489,139,341.46 Deficit... $2,410,564,020.99 $2,218,618,108.19 Cash balance $4,903,211,174.30 New York Curb (By Abbott. Hoppin & Cos.) —March 24 Close. | Close. Allied Mills . 8 iHiram Walker.. 46 Alum Cos of Am 68 Hud Ba® Min.. 11% Am Cyanide B . 18% {Humble Oil .... 42% Am Gas &El 26 Imperial Oil Ltd 13% Am Superpower 3%,1nt Petrol . 22% Ass G & E 1.... lULake Shore Min 49> , Atlas Corp 13%!Lone Star Gas 6% Can Ind Ale A 15 Natl Bellas Hess 3% Can Marc 3 Newmont Min.. 48* , Cities Serv ... 3 Nia Hud Pwr. . 6% Commons’ Ed 54> 2 Novadel Agene . 66% Consol Gos Bit 60' Penn Road 3 Cord Corp .. 6% St Regis Paper. 3% Creole Petrol . 11%S?.1 Creek Prod. 6% Crow'n Ck Inti. 7% Sherwin Wms... 62% Deere & Ct> .29 Std of Ind 26% Disitllers Corp.. 19 Std of Kv .... 15% El Bd & Sh... 17% Technicolor Ind. 8 3 4 Fisk Rubber . . 18’.. Teck Hug Gold 6V B Ford of Can A . 22% Un Gas 3 Ford of Europe. 7% ( Un Pw Lt A.. 3% Gen Aviation . 7 Wr Harg Min . 9V, Gulf Oil of Pa. 68 I New York Bank Stocks (By Abbott. Hoppin & Cos.) —March 24 „ , Bid. Ask. Bankers 62% 63% Brooklyn Trust 9J% 96% Central Hanover 123% 124'* Chase National :>7V 4 27 5 a Chemical 38% 39% National City 28% 28% Corn Exchange 53 54 Continental 13% i3s4 Empire 19 19% First National 1,635 1,650 Guaranty 329 % 333% Irving 16% 16% Manhattan & Cos 30% 31% Manufacturers 20% 20% New' York Trust 97% 98% Public 27% 28%

Produce Markets

Delivered In Indianapolis Prices—Hens, lie, Leghorn hens, Bc. Leghorn spring-er-stags, 6c; large springer-stags. 9c; cocks, sc; Leghorn cocks, 4c; ducks, full feathered and fat, 4Vx lbs. and over 7c geese. 6c: young guineas. lVa to 3 lbs.. 30c; old guineas, 20c. No. 1 #trictly 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 lbe made. Butter—No. 1. 30<® 31c. No. 2. 27@28c; butterfat. 23c.—Quoted by Wadley. Kv United -Press CHICAGO. March 26.-*-Eggs—Market unsettled; receipts, 42,667: extra firsts, 17‘sc; fresh graded firsts, 16 3 4c: current receipts. 15 3 4c; dirties, 14 3 4 c; checks. 14Uc. Butter —Market unsettled; receipts, 11.27 tubs: storage standards (90 score i, 22c; extra firsts 190-91 1 2 score i. 22* * 22' •<*. firsts < 88-89 1 2 scorel, 21*21 3 4c: seconds 'B687*2 score', 20>2C; extras '92 score', 22 3 4 c; specials. 23* 23 3 4 C: standards. 23c. Poultry—Market about steady: receipts, 26 trucks. 2 cars due; heavy hens. 16c: Leghorns. 11c: ducks, 18c: old roosters, 10c; springs. 19c; broilers, 27c; geese. 12c; turkeys. 22c. Cheese—Twins. 13 1 4 c*/13 1 2 c • Longhorns. 13 3 i*14c: Daisies. 13 3 4* 14c. Potatoes—Old stock, supply heavy; demand and trading moderate; market steady: W-sconsin round whites, car, $1.40: 1 car. $1.45; Minnesota and North Dakota Red River Ohios, $1.60111.65; partly graded. SI.SOS 1.55; Idaho russets, $1.70* 1.7d: combination grade, $1.60: U. S. No. 2s. $1.50: Colorado McClures, cotton bags, $1.70* 1.75: burlap bags. $1.600 1.65; new stock, supply light, demand and trading moderate. market firm: sales to .jobbers. Florida, bushel crates Bliss Triumphs, $2; bushel hampers. $2.10. Shipments Saturday, 889: Sunday, 32; arrivals, 133; on trsck 437 NEW YORK. March 26. —PotatoesSteady; Long Island, $1.25*2.40 barrel; southern, 51.751i1.85 crate; Maine, $1.20 @3.80 barrel: Idaho. $2*2.25 sack: Bermuda. s4i/7 barrel: Sanada. $2*2.15 barrel. Sweet potatoes—Quiet: Jersev basket. 40c* $1.75: southern basket. 50c* $1.35. Flour—Dull: spring patents. $6.40*6.65 sack. Pork—Steady; mess, $20.25 barrel. Lard—Firm; middle west spot. $5.05*5.15 100 pounds. Dressed poultry—Quiet: turevs, 18 , 2@25 I 2c; chickens. 9*27c; broilers. 14* 28c: capons. 19* 33c; fowls. 13* 18c: Long Island ducks spring, 16* 17c; frozen, 14'2*15‘2C. Live poultry—Firm; geese. 7*9c; turkevs. 25* 29c; roosters. 10c: ducks. 8* 12c; fowls. 13* 17c: chickens. 13 *18c: capons. 22*30c: broilers. 22*25c. Cheese —Quiet; state whole milk: fanev to specials. 19c: Young America. 15!i*16c. Butter—Receipts. 8.674 packages: market, unsettled: creamery, higher than extras. 24 1 2*25 1 4C; extra. 92 score. 24iP24'4c; first. 90 to 91 score. 23 3 4 * 24c: first, 38 to 89 score. 23V@:23 1 jc; centralized, 90 score. 23 3 4 c; centralized. 88 to 89 score, 23 1 4*23 I 2C. Eggs—Receipts. 22.386 cases; market, irregular: special packs, including unusual hennery selections. 20 ! 2 *22c: standards. 19'4@19 f 2C; firsts. 18 : 4 * 18'2C: seconds. 17c; mediums. 16 3 4 *17c; dirties. 16 3 4*17c: checks. 16*16'4C; storage packs. 18 3 4 c. CHICAGO FRUIT MARKET By United Prc** CHICAGO March 26. —Apples—Michigan Baldwins. $1.50*1 60. Carrots—lllinois. 40 @ 50c bushels. Spinach—Texas. 60* 85c bushei. Beans—Southern green, $2.25*3; wax, s2*3 Cucumbers —Central western hothouse. $2.25*2.75. Tamotoes—Florida, $1.50*2.75 box. Sweet potatoes—Tennessee. $1.50*1.65 bushel: Indiana $1.70*1.75. Rhubarb—Michigan hothouse. 20* 35c. 5-lb. cartons. Turnibs—Central western. 65* 75c bushel. Mushrooms—lllinois. ll'i'a 32 ! 2 c lb. cartons. Onion market 1 50-lb. sacks i: Western Valencias. [email protected]. Central western yellow*. 75 595 c.

New York Stocks —““““——■— (By Abbott. Hoppin * Cos.) ——— ——

—March 26 Oils— Prev. High. Low. 10:30 close Amerada .. 49% 49% Atl Rfg 30% 30% 30% 30 Barnsdall ... . si. Consol Oil 12% 12% Cont of Del .... 19% 19% 19% 19% Houston (Old) 25 Mid Cont Pet 12% 12% Ohio Oil 13% 12% Pet Corp .. 13 Phillips Pet .... 18% 18% 18% 18% Plymouth Oil 14% Pure Oil 12% 12% Shell Un 10% 10 10% 9% Skelley Oil 9% Soc Vac 16% 16% SO of Cal 37% 37% 37% 36% SOofNJ „ ... 45 1 2 45% Texas Corp 26% 26 ! Tidewater Assn 11 % 11% Un Oil of Cal... 17% 17% Steels— Am Roll Mills. 24% 24% 24% 24 Beth Steel 42% 42% 42% 41% Byers AM 27 26% Cruc Steel 31 Ludlum Steel 16% McKeesport Tin 87 Mid Steel 18% 18% 18% 18 Natl Steel .. 471, Otis Steel 6% 6% Rep Iron & Steel 22% 22% 22% 21% Rep I & Stl pfd 59% 58 U S Pipe & Fdy 27% 27% U S Steel 53% 52% W'arren Bros 11% 11% Youngstn S & T 27% Motors— , Auburn 55% 54% 55% 53% Chrysler 53 Gen Motors 39% 38 I Gen Motors pfd 98% I Graham Mot 4 3% Hudson 20% Macic Truck 33% 33 4 Nash 28 27 Packard 6 5% 6 5% Reo 5 4% Studebaker 8 7% Yellow Truck 6% 6 Motor Access— Bendix .. ... 19% 19% Bohn Alum 60% 59% 60 Vi 59 Borg Warner 26% 26 Briggs 16% 15% Buaa Wheel 4Vi 4 4% 4 Eaton Mfg . 20% 20% jEI Auto Life ... 30 29% 30 29 Houdaille )A) 6Vi 6 Mullins Mfg pfd 13% .. Murray 80dy... . .. 10% 9% I Stew Wajner 9% 9% 9% 8% Timken Roll 36 35 Timken Det Axel 6% 6% Mining— Alaska Jun 21% 21 % 21% 20% Am Metals ... 23% 23 1 2 Amer Smelt 43% 43 Anaconda 15% 14% Cal & Hecla 5 5 Cerro de Pasco.. 34 33% 34 33% Dome Mines 39% 39 39 38% Granby 10% Gt Nor Ore 13 V 2 Homestake Min .. ... 370 Howe Sound 47% 47% Ins Copper 5% 5 Int Nickel 27% 27 Isl Creek Coal 26% Kennecott Cop 19 % Mclntyre Mine.* 45% 45% Noranda Cop 39% 38% Park Utah 5 Phelps Dodge 15% 15% St Joe Lead 22% U S Smelters 120 Vanadium 27% 27% 27% 26% Amusements— Croslev Radio 14 Fox Thea 15% Loews Inc 32% 32% 32% 32% Radio Corp 7% 7% RKO 3% Warner Bros 6% 6% Tobaccos— Am Snuff 55 Am Tobacco “A” 66 Am Tobacco ‘'B" 69% 68 1 Gen Cigars 31% 31% Ligg & Myers 'B' 88% Lorillard 17 % Reynolds Tob ‘B’ 41 40% Rails—

Atchison .. 66% 66% 66% 65% Atl Coast Lines 46% B & O 30 2914 Can Pac 17% 17 Ch & Ohio 44% . Chi & Gt W ... . 4 Chi &Gt W pfd 11% 11 11% .. C M & St P 6% C M *St P pfd 10% Chi N W 13% 13 Chi N W pfd 14% Dela & Hud 63% Del Lac & W 28% 27% Erie 21 Erie nfd | 26 Grt North pfd 28 111 Central ... 31% K C Sou ... . . , 14 Lehigh Valley 18% 18% Lou & Nash 55% . M K & T 11% 11% jMK & T pfd .. . ... 27% 27% Mo Pac ... 5 3 s 5 5 3 a 4% Mo Pac pfd . • . . . 7% N Y Cent . . 37% 37% 37% 36' - NY C & St L pfd ... 31 29% N Y New Haven ... 19% 18% N Y Ont & West 10% Nor Pac 32% 32% 32% 32 Penn R R 35% 35 ' 35% 34% Sou Pac / ... 28% 27% Sou R R 32% 32% Sou R R pfd 36% Union Pac 126% Wabash ... ... 3% West Maryland 15% Equipments— Allis Chalmers . 19% 19% 19% 18% Am Brake Shoe 32% . Am Car & Fdv .. ... ... 28% Am C & Fdy pfd 46 Am Loco 33% 33% 33% 33% Am Mach & Fdy . . ... 17 17 Am Steel Fdy . .. ... 21% 21 Bald Loco . 14 13% Bald Loco pfd 52 51% 52 50% Burroughs 16'% 16% 16% 16% Case J I . 72% 72 Cater Tract' .. 30 29% 30 29% Deere & Cos .. . ... 30 29 * Eltc Stor Bat 47% Foster Wheeler . .. ... 19% 19 Gen Am Tk Car 40 39% Gen Elec 22% 21% Gen R R Slg 42 Ingsol Rand 65 Int Bus Mach 132% Int Harvester 42% 41% Natl Cash Reg 19% 19V* Pullman Inc 55% 54% Rem Rand ... 13% 12% Und Elliot 43 West Air (B) 31 30% Westingh Elec . 39% 39 39 Vi 38*4 Worthington P 25% 25V* Utilities— Am & For Pwr.. .. ... 10% ... Am Pwr & Lit.. .. ... 9% 9% AT&T 120% 119% Am Wat Wks ... 21% 21% 21% 21% Col Gas & Elec 16% 16% 16% 16 V* Col G & E pfd 74 Com & Sou 2% 2% 2% 2% Consol Gas . 40 39 Vs Elec Pw r r & Lit.. 7% 7% 7% Int Hydro El ... . 7% Int T & T 15 14% Lou G & E (A) 18 18 Nat Pwr & Lit . .. 12 North Amer 18% Pac G&E. 19% Peoples Gas . 39 Postal Tel pfd 24 23% Pub Serv N J 39% 38% So Cal Edison 18% Std Gas 13% 13% 13% 13% Std Gas pfd 13Vi 12% Stone & Webster 10% 10% United Corp 6% 6% Un Gas Imp 17 16% Ut Pwr & Lit 'A' 4% 4 Western Union .. ... 55% 55% Rubbers— Firestone 22 21% 22 21 Goodrich . 16V4 16 Goodyear 37 36% 36% 35% Kelly Spring ... . 3% 3% U S Rubber ... 20% 20 20% 29% U S Rubber pfd 45% 44% Miscellaneous— Am Bank Note *llß% 18'4 Am Can 100 99 Anchor Cap 20% . Brklyn Man Tr 30% Conti Can . 77% 76% Crown Cork .... 30% 30 30% 30 Curtis Pub 22% Curtis Pub pfd .. ... 69 69% Eastman Kodak 89*4 89 Gillette 11 11 Glidden 25 24% 45 24% Inted Rap Tr . . 8% Raybestos Mfg . 20% 19% 20% ... Foods— Armour 'A' .. . . 6% 6% 6V4 6% Beatrice Cream .. ... ... 15 Borden, Prod .... ... ... 22% Cal Packing 24% Canada D G Ale 26% Coca Cola ... 104% Cont Bak 'A' IPs Corn Prod 71% 71% Crm of Wheat 32% 32% Cuban Am Sugar 7% 7% Gen Foods .. .. 34 33% I Gold Dust 20 % 20 Vs 20*/4 20 G W Sugar 27% Int Salt 26% Natl BisiSiit 43% 43 Natl D Prod 15% 15% Purity Bak ... 15% S Porto Rico Sug .... 32% Spencer Kellog 22% Std Brands 21% 21% : Un Biscuit 25 United Fruit 65% Wrigley ' 59 Retail Stores— Asso Dry Goods. 16 15'% Best & Cos 32% First Natl Stores 58% Gimbel Bros 5'4 5 Gambel pfd 25% ~ Hahn Dept Sts 7% 7% Kresge S S 20 19% Kroger Groc ... . 31 j Macy R H 55% 54% I Marshall Fields. 18% 18% 18% 18% ' Mav Dept St ... 40% , Mont Ward 33% 33% 33% 32% ; Natl Tea 16% j Penny J C Safeway St 52% ! Federal Farm Loan Bonds (By Blyth & Cos., Inc.) —March 24 4s. Nov. 1. 1957-37 96% 97% 4s. Mav 1. 1958-38 96% 97% 4%5. July 1. 1956-36 96% 98 4%5. Jan. 1. 1957-37 96% 98 4%5, May 1, 1957-37 96% 98 4'*s, Nov. 1. 1958-38 96% 98 \ 4%5. May 1. 1942-32 98% 99% j 4%5. Jan 1. 1943-33 98% 99% 4%5. Jan. 1. 1953-33 98 99% 4%5. July 1. 1953-33 98 99% 4%5, Jan. 1, 1955-35 98 99% 4%5, July 1. 1955-35 98 99% 4%5. Jan. 1 1956-36 98 99% i 4%5. July 1. 1953-33 „ 99 100% 1 4%5. Jan. 1. . 1954-34 89 100% i 4%5, July 1 1954-34 99 100% 1 ss, May 1 1941-31 100% 101% i ss, Nov. 1. 1941-31 100% 101 V j Home Loan 4s. July 1, 1951 ..,98% 98%'

Sears Roebuck.. 48% 48% +B% 48 Woolworth 5i Aviation— Aviation Corp 8% 8% Curtiss Wrignt.. 4 s * 4% 4% 4% Curtiss Wr A .. 11% 11% 11% n% Douglas Air ... 27% 27% 27% 26% Nor Am Av .... . 6% 6% Speery Corp ... 10% 10% 10% 10 United Aircraft 25% 25 25 34% Wright Aero 62% Chemicals— Air Reduction .. . . . 95 94., Allied Chem 150% 150 150% . Am Com Alcohol _ 52% 51% Com Solvents ..30% 30 30 29% Dupont 97% 97% 97% 96% Freeport Tex 43% 43% Liquid Carb 28 28 Math Alkali 35% 35% Montosonta Ch. . 86 85% Natl Dis (new). 29% 29% 29% 29 Schenelev Dist .37 36% 36% 35% Tex Gulf Sulph. 36% 36% 36% 35% Union Carbide . 44% 44 44% 43% U S Indus Alco 54% Virg Ch 6% pfd 20% Drugs— Coty Inc 7% 7% Lambert 27 26% 27 27% Un Drug 14% 14% 14% 14% Zonlte Prod ... 7% 7% Financial— Adams Exp 10% 10 10% 9% Allegheny Corp. 3% 3% 3% 3% Am Int Corp ... 9% 9 9% 8% Chesa Corp ... 40% 40% 40% 40% Lehman Corp 73 Transamerica 6% Tr Conti Corp 5 4% Building— Am Radiator ... 15 14% 15 14% Gen Asphalt is% Int Cement . .. . 30 Johns Manville 57% 57 57% 55% Libby Owens Gls 38 37% 38 37 ot i s Ele / tJ 16 15% Household— Col Pal Peet 16% 16% 16% 16% Congoleum 28% 27% 28% 27% Kelvinator 20% 19% Mohawk Carpet 16 16 Proc & Gamble ... <.. 34% Simmons Bed.. 19% 19% 19% 19% Textiles— Amer Woolen... .. . 14% gelding Hem .. 13% 13% 13% 13% Celanese Corp . 39% 33% 39% 39 Collins Aikman. 24% 34% 34% 24 Gotham Hose ... .. 93, Indus Rayon 80% Kayser Julius 16% 16%

Marriage Licenses Carl Luginsill. 25. Berne. Ind.. linotype operator, and Neola Habegger. 28, of 2204 North Pennsylvania street, nurse Howard Giffin. 21. Mooresville. Ind , mechanic. and Martha Shaw. 22. Bridgeport. Ina.. housekeeper. Ralph Clephane. 22. r R. 12. decorator, and Mary C'ollins. 17. of 2605 West Seventeenth street, housekeeper Joseph Zike. 55, Morristown, Ind farmer, and Laura Levinge. 54. of 5054 East New York street, stenographer. Deward Babb. 22. of 7242 Torbett stree* laborer, and Gertrude Gooch, 22, of 935 Lynn street, housekeeper. Robert E. Chambers. 44, of 345 School street, optician, and Mildred Holmes. 30. of 3425 Clifton street, housekeeper Charles Thompson. 22. of 4931 Ford ?l^ et i, laborer - and Willena Skiles. 20. of 1505 Montcalm street, housekeeper Jewel Tyson. 22. of 1626 Alton avenue, welder, and Lena Hill. 19, of 1218 West Vermont street, housekeeper. James Bradley. 50. Chicago, salesman, and Margaret Osthund. 25, of 2835 Nortn Pennsylvania street, secretary. Births Boys Elbie and Orpha Herendeen. city hospital. Willie and Bessie Bellamy. 822 Darnell Walter and Marcelle Troutman. 2911 Moore. William and Elizabeth Beldon, 230 Detroit. Wilbert and Mary Haney. 553 Eugene. Mark and Geneva Demaree. Deaconess hospital. Donald and Edna Overfield, citv hospital. Girls Beniamin and Lillian Bunch. 1726 North j Cornell. Lester and Novella Woodley. 1077 West ! Twenty-seventh. William and Margaret Parker. 2545 Columbia. Ralph and Nellie Bradford. 927 South I Holmes. Pascall and Bessie King. 505 Minerva ! William and Barbara Fink. 215 South i Harris. Paul and Loretta Cannon, 1068 West ! McCarty. Harry and Helen Workman. 3904 East 1 Sixteenth. Omar and Fannie Duncan. 339 North I Pine. Garvice and Ethel Eaton. 2049 Belle- i fontaine. Carl and Fay Wiegand. Deaconess hos- 1 pital. Jasper and Willie Hazelwood, 801 North • Centennial. Robert and Mary Smithson, city hospital. Verlie and Gladys Davis, citv hospital. Earnest and Josephine. Sandlin, citv hospital. Lewis and \7onnie Tlorckie. city hospital. ! Cloak and Pearl Erwin, city hospital j

Deaths Melissa Delanao. 78. Central Indiana hospital, arteriosclerosis. Clydees A. Riegel, 65, Methodist hospital. septicaemia. Archie Valentine, 42. city hospital, lobar pneumonia. M ' J urner - 56, city hospital, cerebral hemorrhage. Herman Ritter, 77, Methodist hospital arteriosclerosis. W ' Sl ? ock - 3° Central Indiana hospital, general paralysis Efia E. Trachsel. 72. 2029 Nowland. cardio vascular renal disease. Herman Taylor. 66, Methodist hospital hypostatic pneumonia. Anna Buehler, 76. 1443 Prospect, cardio vascular renal disease. Mary Ella Helphenstine, 79. 2944 Cornell cerebral hemorrhage. Charles Fredrick Cleveland. 79, 3271 Washington Bird., epitheloma. Infant Simon. 5 hours, Coleman hospital atelectaiss. Abram Vandaworker, 96. 2915 Guilford chronic myocarditis. Frank L. Evans. 64. 2350 North Pennsylvania. lobar pneumonia. Rudolph C. Schmidt, 45, 1820 East Tenth, broncho pneumonia Isaac Ephrian Buckles. 79, 139 West Thirty-eighth, chronic nephritis. Catherine Gauchat, 71. St. Vincent's hospital, acute cholecystitis. Katherine M. Eagle,' 84, 3544 College mitral regurgitation, Herman A. Blume. 69. city hospital, broncho pneumonia. Mattie Bacon. 58. Fletcher Sanitarium chronic myocarditis. Thomas J. Sachs, 68, 2105 East Twelfth, coronary occlusion. Louis Beansoe, 55, city hospital, broncho pneumonia. Winifred Epperson, 48, city hospital, uremia. Wililam Thomas Blankenship. 54, Methodist hospital, lobar pneumonia Eleanor G. Sutton, 53. 1341 Edgemont erysipelas. Moses Rhodenberger, 95, 901 Carrollton uremia. Jacob William Rubush. 72. city hospital chronic nephritis. encephaUtis Vanaman ' 19 ' **** Hospita1 ' Fire Reports Saturday. 8:09 a. m.. 3078 North Pennsylvania, automobile, small oss 8.43 a. m . New York and Noble, automobile. small loss. 9.05 a. m.. 1028 North Tacoma, residence small loss. 10:20 a. m.. 1223 Wright, residence, small loss. 12:54 p m., 2350 North Talbot, automobile _small loss. 12:55 p. m., 1251 Richland, residence, small loss. flf l:31 p. m„ Moore and Christian, grass 3:04 p m.. 1228 Shepard, residence, small loss. 3:05 p m., 3724 Winthrop. automobile, small loss. 4:10 p. m.. 607 East Twenty-fourth, residence, no loss. 5:27 p. m., 1752V® Boulevard Place, residence, small loss. 5:35 p. m.. Ohio and East street, filling station, small loss. Sunday , 2:08 a. m , 1145 Eaet Twenty-second, Industrial center, false alarm. 2:16 a. m., 205 West Fourteenth, residence. small loss. /J 41 *.?’ **?•• 2041 -43 Park, apartment considerable loss. 8:29 a. m., 1223 Blaine, residence, small loss. •: 1215 Broadway, apartment, considerable loss 3-73 , a ' 2 815 North Gale, residence small loss.

Abbott, Hoppin & Company 203 Continental Bank Building RI ley 5491 at£2 rSiX. MEMBERS: New York Stock Exchange Chicago Board of Trade New York Curb Exchange Chicago Stock Exchange New York Cotton Exchange Chicago Curb Exchange New York Produce Exchange Commodity Exchange. Inc New York Coffee and Sugar Exchange. Inc. Chicago Mercantile Exchange Co-Managers James T. Hamill Kenneth K. VVoolling

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FUTURE PRICES STRENGTHEN IN NARROWRANGE Strong Tone in Cotton and Securities Aids All Deliveries. BY HARMAN W. NICHOLS, United Press Staff Correspondent CHICAGO. March 26.—The general movement in grain prices was forward at the opening of the Board of Trade today. Wheat deliveries held % cent lower to •% cent higher, corn was unchanged to % cent higher, and oats were % cent lower to % cent liigher. Trade was not large. Both cotton and stocks furnished an incentive to buyers, but the response to the better feeling in these outside markets was not as strong as expected. Liverpool was higher with the nearby liquidation nearly completed and weekly statistics bullish. Chicago Primary Receipts —March 24Today Last Wk. . Bushels—Corn 559.000 663.000 ° ats 124.000 137.000 Chicago Futures Range WHEAT— ~ MarCh Prev ~ High. Low 10:00. close! May 8/ % .87% .87% .87% July 88 .87% .87% .87% May 50% .50% .50% .50% OATS-1 54 “ ' 54 ‘ 2 • 54 ' /a May 33% .33% .33% .34 J ul .v 34% .34% .34% .34% Se &YEjX 34% .34% .34% .34% 8S :::::::: S* If' :’• ■ t3 ’’ •“* • May 47% July 48% Sept ! iso 4 TOLEDO CASH GRAIN Bit United Frets TOLEDO. March 24.—Grain close: (Gram in elevators, transit billing.) Wheat --No. 2 red. 92%®93%e. Corn—No. 2 yellow 544/ 55c. Oats—No. 2 white. 38%@ 39 ? c - Rve —No. 2 66*/67c. Track prices. 28%c rate.) Wheat—No. 1 red. 89*?89%c; No 2 red. 88®83%c. Corn—No. 2 vellow, oo*/50%c; No. 3 yellow. 49®49%c: No 4 ve,low. 48*/ 48%c. Oats—No. 2 white. 35 (f'37c; No. 3 white. 34%*?36%c. Seed close. Clover—March. $8.25. Alsike— Cash. $8.50. CHICAGO CASH GRAIN Bit United Frt ss „ CHICAGO. March 24—Cash grain: Wheat—No. 1 hard 89%e; No 7 hard 89%c. Corn—No. 2 mixed. 49%c; old. 50%c: No 3 mixed. 49c: No 2 vellow. 49% *>soc: old 50%c: No. 3 vellow 49%®49%c: No. 4 vellow 48%c: No. 6 vellow. 47%c: No. 2 white. 51%(fi 52c: sarrple grade white heating. 27c. /Local rates applicable via lake onlvi No. 2 white. 52%c. Oats No. 2 white. 35%c: No. 3 white 34%c: No. 4 white 33’,*/33%c Rve—No sale. Bariev—73 / 78c Timothy—s 7// 7.35. Clover seed—sll*7l3. Cash provisions: Lard. 56.27: loose. $6.25: leaf. $6.12: S. Bellies. SB. Indianapolis Cash Grain —March 24 The bids for car lots of grain at the cal) of the Indianapolis Board of Trade, f. o. b shipping point, basis 41 %c New York rate, were: Wheat—Firm: No. 1 red. 82*7 83c; No. 2 red. 81*/82c; No. 2 hard 81*/82c. Corn—Steady; No. 3 white. 42'i7 44c; No. 4 white 42*/43c: No. 3 vellow, •*2*/43c: No. 4 vellow. 41 *7 42c; No. J mixed. 41*/ 42c: No. 4 mixed. 40*7 41c Oats —Stead'-: No. 2 white. 30%*731%c: No. 3 w hite. 29',2*/ 30%c.

INDIANAPOLIS WAGON WHEAT i City grain elevators are paying 81 cents I tor No 2 soft red wneat urner grades ; on their merits CITY CHURCHES START HOLY WEEK SERVICES Dr. W. F. Rothonburgcr Opens Meetings at English’s. Holy Week services will be opened in Indianapolis churches today. Dr. William F. Rothenburger, pastor of Third Christian church, will be the speaker at the first of the noon services for the week at English’s theater. The choir from Third Christian church, under the direction of Arthur W. Mason, will sing “Three Chorales” by Bach and “Unfold Ye Portals,” by Gounod. Other services will be held each noon during the week at the theater. Bishop Joseph M. Francis will speak at the noon services at Christ Episcopal church, on the Circle, today. He also will have charge of the noon devotions at Christ church tomorrow, Wednesday and Thursday. Catholic churches throughout the city will have masses sung each morning except Friday of this week from 6 to 8. Other Livestock By United Press PITTSBURGH. March 26.—Hogs—Receipts. 2 300: holdovers, none; steady: top and bulk, $5: 160-230 lbs.. $4 90® 5. 240300 lbs . $4.65® 4 35: 130-145 lbs.. $3.50®) 3.75: 100-120 lbs., $3®3.25: sows, mostly 53.75. Cattle—Receipts, 400: steers and yearlings, slow, steady to easier; quality not as good as last week; top load around 1.200 lbs. steers. $6: several head. $6.10; some held higher; bulk, medium to good steers and yearlings, 55®6.10: common s4® 4.75; heifers. about steady; medium to good, $4.50® 5.30: best, up to $5.50: cows. $1.75® 3.25; choice eligible higher, bulls. $3 75 down. Calves—Receipts. 400; mostly 50 cents higher; good and choice vealers. $7.50® 8; mediums, $6 ®7. Sheep-Receipts. 1.300: wool lambs, steady to lower: bulk, good and choice kinds. $9.50® 9.75: top. $9.75; common to medium. s6'® 9. shorn lambs mostly $7.50 'Tr 7.65: top $7.75: choice clipped sheep. $5; good and cohice spring lambs $10.50® 11.50. Cattle —Receipts. 700. market slow and steady; all sold; choice steers 7501.100 lbs $6.50® 7; 650-950 lbs , $5.50®) 6.50: 940-1.200 lbs.. $5.25® 6 25: heifers. 600-850 lbs.. $4.50® 5.50 mediums. $3 50® 4.50; good cows, all weights, $2 75® 3 50; medium s2® 2.50. Calves—Receipts, 600; market, fairly active and steady; few prime vealers quoted at $8 top with bulk bringing $7.50 and lower; prime veals. s7® 8: choice veals. s6® 7; medium. ss® 6; common. s3® 4.50. Sheep and lambs—Receipts. 220: market steady to 25 cents lower in extremely dull trade; good to choice wool lambs, $9®9.50; medium to good. sß®9; culls and cutters. ss®7; choice clipped lambs. S7O 7.75: medium to good s6® 7; prime wethers sheep. ss® 6: choice ewes. s4®s: medium to good. $3 ®4. Hogs—Receipts. 2 100; market 10 cents lower. 250-300 lbs . $4 25® 440 220250 lbs.. $4.40® 4 50; 180-220 lbs.. $4.50; 150-180 lbs. $4 50, pigs 100-140 Ibr. $3; roughs, $2.75; stags. *1.75.