Indianapolis Times, Volume 45, Number 279, Indianapolis, Marion County, 2 April 1934 — Page 11

APRIL 2, 1931

Wall Street Congressman's Letter Baffles Wall Street: U. S. Bears Down. BY RALPH HENDERSHOT Time* Special Financial Writer IF it isn't one thing in Wall Street it’s anothef. Thus time it is a letter from a congressman of a nearby state relative to the Fletcher-Rayburn bill, and the big problem is what to do with it or about it. As is fairly well known, the Street Ls leaving no stone unturned in its effort to defeat the measure, which

seeks to do everything in the way of regulating the exchanges except to enforce the forty-hour code for the betterlooking stenographers in the brokerage offices. Everybody, from the office boy up, has been sending letters to his Washington legis--1 a t o r s telling them how difficult it will be to repaint the yacht

Ralph Heudershot

thus year if the bill goes through and asking them to do everything in their power to pin a lily on it. One congressman was considerate enough to answer, and the gist of his reply was that he agreed that the government has been bearing down a little too hard on the utilities and would be more than pleased to blackball the measure. In fact, he seemed to have made up his mind to do it, anyway, before he got the letter. a a a No joke to Brokers THE missive found its way to the floor of the New York Stock Exchange and was passed around quite freely. But the boys were not quite able to make a joke out of it. It was a serious problem to them. They didn’t know whether the congressman was stupid or just pretending to be so. Moreover, while they appreciated his kindly feeling in a big way, they were not sure that he might not wake up before he had cast his vote. In that event there was no way of telling how he would cast his ballot. At first they were inclined to call in some good newspaper man and direct his attention to the type of men we have in Washington making our laws—without any quotes, of course—but then they thought better of it. While they would like to get the idea across to the public that the folks in Washington do not have good horse sense, even though some of them do come from the farm, they would not like to antagonize a possible friend by having him held up to ridicule. a a a Gloomy Looks Vanishing INCIDENTALLY, the people down in the financial district are not so gloomy since congress told President Roosevelt via the veterans’ bill that they, too, have ideas as to how to bring back prosperity by spending some of the government’s money. They feel that if the legislators have enough courage to kick the President on the shin in connection with that bill the£ might be induced to do likewise in the case of the Fletcher-Rayburn bill. They also got some consolation from the dispatch from Washington recently quoting House Majority Leader Joseph W. Byrns as saying he did not consider it “absolutely essential” to pass the stock market regulation bill at this session. The longer consideration of the measure is put off the less drastic it is expected to be when enacted into law.

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 TRICES 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 9.25 Pocahontas mine run 7.25 New River smokeless 8.25 West Virginia lump 6.75 West Virginia egg 6.50 Island Creek 7.00 Extra charge of 50c a ton for wheeling coal, and $1 a ton for coal carried to bin.

Produce Markets

Delivered la Indianapolis Prices —Hens, 11c, Leghorn hens, Bc. Leghorn spring-er-stags. 6c; large springer-stags. 9c; cocks. sc; Leghorn cocks. 4c; ducks, full feathered and fat. 4' 2 lbs. and over 7c. feese, 6c; young guineas. Ha to 3 lbs.. Oc; old guineas, 20c. No. 1 strictly fresh country run eggs, loss oil 13c. each full case must weigh 53 lbs. gross; a deduction of 10c a pound for each pound under 55 lbs. will be made. Butter—No. 1. 25 26c, No. 2. 23p24c; butterfat. 21c.— Quoted bv Wadlcv. By t'nited Tress CLEVELAND. Aprii 2 Butter Market steady extras. 27c; standards. 26 3 yc. Eggs -Market barely steady, extra white, lS'.-c; current receipts, 15c. PoultryMarket barely steady; colored fowl, medium Ha 19c. Leghorn fowls, 15c: springers. smooth, 18 i 19c; fancy colored broilers. 27Si 30c; stags 12 ;13c; ducks, young. 5 lbs. and up. 20c; old roosters. 10c. Potatoes —Maine, mostly around $2 25; fewhigher; Idaho, mostly $2.10(1(2.15: few higher; Ohio and New York, mostly $1.85 i 1.90. CHICAGO. April 2.—Eggs—Market, easy; receipts. 37,853 cases; extra first. 16’ ac; fresh graded firsts. I5 3 c; current receipts, lf-'-ic: dirties. 13 ,c; checks. 13HC. Butter Market. steadv; receipts. 10.767 tubs; ex;ra firsts. 90-91 H score. 22 1 22’ic; firsts. 88-89'2 score. 22k22 , < c; seconds. 86-87’.- score. 21c: extras. 92 score. 23e; specials. 23' ) .i24c: standards. 22 J 4C. Poultry—Market, weak; receipts. 13 trucks. 9 cars <*;•’: Leghorn hens. 13';c; Leghorns. 11c. ducks. 18c: old roosters. 9 : .c; springs 19c; colored and white rock broilers, 23'1-c: geese. 12c: turkeys. 18u20c; Plymouth Rock broilers. 25c: Leghorn broilers. 22c: bareback*. 20c. capons. 20c. Cheese— Twins. 12*4'■( 12 ! ;c: Longhorns, 13xl3 I 4C; daisies. 12 3 t--i 13c Potatoes—Old stock, supply heavy, demand and trading model ate; market slightly stronger on Russets. about steady on others. Wisconsin round whites, one car SI 50. one car $1.55: Idaho Russets. $1 80.(1.82';; No. 2. $1.55 ■ 1.60. mostly $1.55. Colorado McClures, cotton sacks. sl.7s<<( 1.77 H; burlap sacks. $1 70. Minnesota and North Dakota Red River Cobblers. $1.60. New stock, supply moderate, demand and trading moderate; market about steady, sales to jobbers. 50pound sacks. Texas Bliss Triumphs. 51.70. Shipments Saturday. 910; Sunday. 78: arrivals. 205: on track, 410. NEW YORK. April 2—Potatoes—Weak; Long Island. $1.i0n2.25 barrel; southern $2.25 :5 barrel; Maine. $1,10.(3 80 barrel Idaho. $2(• r 2 .1 0 sack; Bermuda, $6 i 7 barrel; Canada. SI 80 x 2 15 barrel. Sweet potatoes. dull; Jersey basket. 50c-; $1 75; southern basket. $1.(1 .40 Flour—Firmsprings patents, $6 30/6 55 sack Pork -S-radv; mess. S2O 25 barrel Dressed poultry-Quiet: turkeys. 18 /25‘rc: chickens. 9>(27c; broilers. 14. 1 29 c: capons 20-u 32c fowls, 13ul8c; Long Island ducks. 14 ! . (17c. Live poultry 7'.(9c: turkeys. 18 .; 33c: roosters. 10c; ducks, 9f*(2oc, sow ls. 16'.( 21c; chickens. 14 . 1 21 c; capons. 30.i35c: broilers. 15$i25c. Cheese- Dull; state whole milk specials 18‘.( 19c; Young America. 14H15C Butter— Receipts. 7.254 packages: market, steadv; creamery, higher than extras. 23 3 4<k24>/c; extra. 92 score. 23Hc: first. 90-91 score. 23 , 4‘.(23 , .c: centralized, 90 score. 23 ! 4i<( 23 ! ..c; centralized. 89 score. 23c. Eggs—receipts. 19.626 cases: market, ewier: special packs, including unusual hennerv selections. 18ft20c; standards. 17 3 4C; firsts. 16<2j 16 s 4c; seconds. lSHfdUc; mediums, 15‘3i 16 3 4C; dirties. 15 ! 2 ; checks. 15c; •forage packs, X7‘c.

STOCKS ADVANCE ON IMPROVED BUSINESS TREND

SWINE MARKET UNCHANGED IN SESSION Veal Prices Drop 50 Cents; Cattle, Lambs Remain Steady. Swine market was slow and stationary with Saturday's average in the initial session of the week at the Union Stockyards this morning. Bulk of all weights sold at s<*.ls to $4.40. Early top held at $4.45. Small slaughter classes weighing 130 to 160 pounds, brought $3.25 to $3.75, while iight lights scaling 100 to 130 pounds, sold at $2 to $3. Receipts were estimated at 7,000. Holdovers, 112. Only slight change was evident in local cattle conditions. Slaughter steers, mostly common and medium grades, ranged under $6. Other xmds were inactive. Receipts numbered 500. Weakness was displayed in the veal market, with practically all grades around 50 cents lower than Saturday’s average at $6.50 down. Receipts were 500. Initial lambs sales continued steady to strong in light trading. Bulk of clipper classes sold at $7.75 lo SB. Wooiefi western grades ranged up to $9.35. Receipts were 800. Bids on hogs at Chicago moved around 5 cents lower than the previous session at $4.40 down. Initial sales were scarce. Receipts were estimated at 23,000, including 11,000 directs; holdovers, 1,000. Cattle receipts numbered 11,000; calves, 2,000; market, strong to 25 cents higher. Sheep receipts were 12,000; market, strong to around 25 cents higher. HOGS March. Bulk. Top. Receipts. 27. $4.35® 4.60 $4.70 3,500 28. 4.25 H 450 4.55 7,000 29. 4.25®, 4.50 4 50 7,000 31. 4.15® 4 40 4 45 2,000 30. 4.25r0, 4.50 4.55 6,000 April. 2. 4.15® 4.40 4.45 7,000 Market, steady (140-160) Good and choice ... $3.50® 3.75 —Light Weights—-(l6o-180) Good and choice ... 4.15® 4.25 (180-200) Good and choice •• 4,35 —Medium Weights—-(2oo-220) Good and choice ... 4.40 (220-250) Good and choice ... 4.35® 445 —Heavy Weights—-(2so-290) Good and choice... . 4 35®, 4.45 (290-350) Good and choice ... 4.15®. 4.40 —Packing Sows — (350 down) Good 3.40® 3.60 (250 upi Good 3.25® 3.50 (All weights) Medium 3.00® 3.40 ■ —Slaughter Pigs—-(loo-130) Good and choice ... 2.00® 3.00 CATTLE Receipts, 500; market, steady. (1,050-1,100) Good and choice $ 6.25® 7.25 Common and medium 4.25® 6.25 (1.100-1,5001-Good and choice 6.00® 7.50 Common and medium 4.50® 6.00 (675-750 — Good and choice 5.25® 6.25 Common and medium 3.00® 5.25 (750.600 ) Good and choice 4.75® 6.00 Common and medium 2.75® 4.75 —Cows— Good 3.25® 3.75 Common and medium 2.75® 3.25 Low cutter and medium 1.50® 2.75 —Bulls (yearlings excludedi Good (beef steers) 2.75® 3.50 Cutter, common and medium.. 1.50® 2.75 YEALEKS Receipts, 500; market, lower. Good and choice $ 6.00® 6.50 Medium 3.50® 6.00 Cull and common 2.00® 3.50 . —Calves— Good and choice 3.50® 5.00 Common and medium 2.00® 3.50 —Feeder and Stocker Cattle—-(soo-900) — Good and choice 4.00® 5.50 Common and medium 2.75® 4.00 (800-1.500) Good and choice 4.00® 5.50 Common and medium 2.75® 4.00 SHEEP AND LAMBS Receipts, 800; market, steady. Wool grades (90 lbs. down) Good A- choice. $ 8.75® 9.35 (90-110 lbs.( Good and choice 8.50® 9.00 (500 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 EAST ST. LOUIS, 111., April 2.—Hogs— Receipts. 11,500. including 300 through and 1.500 direct; market, slow, open steady to 5s lower; some bids off more; light lights, steady to 10c higher; sows strong; pigs slow; bulk 180-24 U lbs., early. $4.30®4.3a; top $4.40 paid sparingly; 150-170 lbs., $3.85® 4.25. Cattle- Receipts. 3,500; calves, receipts. 2,200; market, 10®15c higher on slaughter steers: mixed yearlings and heifers and cows steady; bulls 10®:15c lower; a few early sales of vealers, steady at $6.75 with bulk of run unsold and meeting lower bids. Steer run including an abnormal large percentage of stock material: early sales of killing steers, $5 507(6.40; mixed yearlings and heifers, $4,257(5.65; cows, s3® 3.75; low cutters, $1.25® 1.75; top sausage bulls, $3.25; nominal range slaughter steers, $3,757(7; slaughter heifers. $3,507( 6.25; slaughter steers. 550-1,100 lbs., good and choice, $5,757( 7: common and medium, $3.75® ; 5.75; 1,100-1.500 lbs., .choice, $6,257( 7; good, $5,507(6.50; medium. $57(5.75. Sheep—Receipts, 2,500; market, not yet established; a lew small lots to city butchers, steady; choice wooled lambs, $9.25; few spring lambs. $10.75; packers talking lower: run Includes 5 double decks clipped lambs; lambs, 90 lbs. down, good and choice, $8,757(9.25; common and medium. $6®8.75: 90-98 lbs., good and choice. $8,257(9.15: yearling wethers. 90-110 lbs., good and choice. $6,757( 8.25; ewes, 90-150 labs., good and choice. $3,757(5.50: all weights, common and medium. $2.757( 4.25. CLEVELAND. April 2.—Cattle —Receipts. 650. market, active and steadv; all sold early; 750-1.100 lbs.. $6,507(7.50; 650-950 lbs . $5,507(6.50; 908-1.200 lbs., $5,257(6.25; heifers, 600-850 lbs,. $4,507(5.50: good cows, all weights. $t.757(3.50. Calves—Receipts, 600; market, fully steady; all sold; prime veals, $77( 7.50: choice veals, $67(7; medium. $57/6; common, 53®4.50 Sheep and lambs—Receipts. 2,000: market, fully steady: good to choice wool lambs, $97/ 9.50; medium to good, SB7/9: choice clipped lambs, $7(/7.50; medium to good. $67/7; prime wether sheep ss®6: choice ewes. $4.(5; medium to good. $37/4. Hogs—Receipts. 2.000; market, 10c lower; trading active and all sold earlv: 250-300 lbs.. $4.25-i 4.40: 220-250 lbs. 54.407/4.50; 180220 lbs., $4.50: 150-180 lbs., $4.50; pigs, 100-140 lbs.. S3; roughs, $2.75®3; stags. SI. 75® 2. LAFAYETTE. April 2.—Hogs—Market, steadv to 5c lower; 200-300 lbs., $4.25: 300225 lbs, $4.05; 170-200 lbs, $4.057/4.15: 150-170 lbs, $3,507/ 3.80; 130-150 lbs . $3 (3.25; 120-130 lbs, $2.50 rs 2.75; 100-120 lbs, $1,757(2.25; roughs. $3.50 down: <op calves. $5.50; top lambs. SB. PITTSBURGH. April 2.—Hogs—Receipts. 3.000: holdovers, 450. fair demand, mostly 3 cents lower on 160-220 lbs . bulk. $4.80® 4 85; 230-300 lbs $4,507/4 75: one deck choice, over 300 lbs. averages. $4.60: 150 lbs down in better demand; 100-140 lbs, s3 'a 3.75; sows. $3.25® 3.70. Cattle—Receipts. 400: steers and vfarlings. steadv to stronger; buik good kinds, $5.50®6.25: odd •head up to $6 50: top load steers averaging 1,2.50 lbs. F6.25 medium. $4,757(5.50; common down to $4.25: medium to good heifers quotable S4 50 <75.50: cows and bulls easier: bologna cows. $1.75®3.25: good butchers, up to $3.75: good beef bulls, $3 25.( 3 75; cutter to medium. $2 50713.25 Calves— Receipts 1 000: vealers: $1 to $1.50 lower: bulk *6.507(7; medium. $5316. Sheep—Receipts. 2.500; wool lambs, steadv to 5 cents higher than Friday; choice sorted kinds. $9.75: common to medium $6 8.75: shorn lambs. 25 cents up; bulk good and choice. $7 507/7.75: shorn wethers. lower: better grades. si®4.so; spring lambs, eligible to sl2. By Times Special LOUISVILLE. April 2—Cattle—Receipts. 750 supply light: demand dependable: market uneven: most slaughter classes fully steady to strong: spots strong to 25c higher on light steers and heifers: bulk common to medium steers and heifers. $4 15; most better finished kinds. $5.25 o 5 75: odd head good baby beef tvpe vearlings. $6; bulk beef cows. $2 507/ 3,50; good kinds eligible higher; most low cutters and cutters $1.25® 2.25: sausage bulls strong to 25c higher: mostly s3*s down; Stockers and feeders generally 25c higher: bulk common to medium grade natives. $37/4: well bred Hereford Stockers mostly. $57(5.50. Calves. $7; market not established. Indications weak to lower; most bids $5 50 dow.n. Hogs—Receipts. 1.800: market. 5® 15c lower; 170-240 lbs, $4 40; 245-270 lbs, $4 05; 275 lbs. up. $3.70; 145-165 lbs, $3 55; 120-140 lbs, $2 20. sows. $2 45. Sheep—Receipts. 50; mostly steady; bulk medium to good wooled lambs. s7®B: choice eligible around $8 50; common light throwouts. *5; fat ewes, <3.9003.

Chicago Stocks —By Abbott. Hoppin & Cos. —April 2 High. Low. 11.30. Berghoff 9% 9% 9% Bendix Aviation 19% 19% 19% Borg-Warner 26® 25''. 26>, Butier Bros 10% lON 10*2 Chicago Corp com 2% Cities Service .. 2 7 Commonwealth Edison. 55% 55% 55% Cord Corp 7% 7% 7% Electric Household 12 Gen Household Ut.... 14% 13% 14% Iron Fireman 11% Kingsbury 7% Libby-McNeil S‘ 2 Marshall Field 18% 18® 18 Middle West Utilities... % ® * Midland United % National Standard 6 25 24% 24'2 Noblitt-Sparks Ind Inc 14 1 2 Perfect circle ... 32 Potter Cos .. 6 % Swift &Cos 17 16% 16® Swift Internacional 29 Tnompson, JR 8® Utility & Ind 1 \ Walgreen Cos com • ... 25% Zenith Radio 3®

Federal Farm Loan Bonds j

(.By Biyth & Cos, Inc.) —March 31— Bid. Ask. 4s, Nov. I, 1957-37 961* 97® 4s, May 1, 1958-38 96 97® 4 Ns. July 1, 1956-36 96% 98 4 Ns, Jan. 1, 1957-37 96® 98 4Ns, May 1, 1957-37 96 3 ,4 98 4Ns, Nov. 1, 1958-36 96 3 4 98 4 ! 2S. May 1, i942-32 98% 99 3 ,4 4 , 2 s Jan. 1, 1943-33 t. 98% 99® 4Vas, Jan. 1. 1953-33 98‘2 99® 4%5, July 1, 1933-33 98 ! 2 99 3 4 4%5. Jan. 1, 1955-35 98 1 2 99® 4%5, July 1, 1955-35 98% 99® 4®s. July 1, 1953-33 99> 2 100 J 4 4' 2 s, Jan. 1, 1956-36 98% 99® 4%5, Jan. 1, 1954-34 99' 2 100% ?%*• July 1, 1934-34 99' 2 100® ?*• May 1. 1941-31 100® 101® os, Nov. 1, 1941-31 100 3 4 101 1 Home Loan 4s, July 1, 1951 . 98% 99% Home Loan 4s, July 1, 1951 . 98% 99®

U. S. Government Bonds

By United Press .. NE W YORK. March 31.—Closing liberties. (Decimals represent thirty-seconds ) Liberty 3%S (32-47) 102 31 First 4®s (32-47) " 103:11 Fourth 4Ns (33-381 103 10 Treasury 4 J/4.5-3 ’/4S = f 45) 101.23 3®s (43-47. ioi.fo 3-‘bs (41-43) March 102.9 3 *4S (41) 10128 3 V.s (46-49) 100:i2 3s (51-55) 9930

In the Cotton Markets

—March 31— CHICAGO. T High. Low. Close. January 12.58 12.51 12.58 March 12.66 12.62 12.66 May 12.16 12.08 12.16 July 12.30 12.20 12.29 October 12.44 12.36 12.44 December 12.55 12.46 12 55

On Commission Row

—April 2 Fruits Apples—New York Baldwins, fancy $1 60 ® 1-75; fancy Staymans. $2.25; fancy Winesaps. $2.50. Oranges—California Sunkist. $3.25® 4; Floridas. $3®3.25. Lemons—Sunkist. $5.50Red Ball. $5. Grapefruit—Arizona seedless 80s $2.75® 3: Florida. $3.25 Strawberries—Florida, pint, 16c; 36-pt. crate. $5.40. Melons—Argentina Honevdews $2.75. Pears—Calavos. $3.50 per box. Bananas—Per pound. 5 cents. Vegetables Cabbage—New- Texas. $1.25 per halfcrate; Florida red. $3.25 per hamper. Celery—Florida. $2.50® 2.60 a crate; mammoth bunch 75c; medium bunch. 45c: hearts, dozen bunch. $1.35. Onions—lndiana yellow. 50-lb. bag. $1.35; red. $1.15; 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. $1.15; New Florida Triumphs. $2.15. Sweet Potatoes—lndiana Jerseys, per bushel. $2: Porto Ricans. $1.90. Asparagus—California select, crate. $2.25 @3.25. Beans Round, stringless. $303.75; lima. $3. Beets—New Texas. 3 dozen crate. $2; bulk per bushel. $1.50. Carrots—California 6 dozen crate. $2.75: bulk new. $1.40; bulk old, $1.75. Cauliflower—California s2® 2.25. Cucumbers—Hot house per dozen. $ 1.25. Lettuce—Hot house. 10-lb. basket. 65c; Iceberg best. $3®3.50 a crate. Peas—2 B-lb. hamper. $2.25. Radishes—Hot house buttons, 60c a dozen: long w’hite. 50c per dozen. Rhubarb—Hot house. 60c a bunch. Spinach—New Texas. $1 per bushel. Tomatoes—Repacked. 10 - lb. carton. $1.25: selected, cellophane wrapped $1.50: original Florida. 20-lb. lug. $2.50. BIBLE CAUSES ARREST OF ROBBER SUSPECT Part of Loot Stolen Two Years Discovered by Police. A Bible which was part of the loot taken from the home Mr. and Mrs. James York, 15 Woodland drive, move than two years ago, caused the arrest Sautrday of Jake Taylor, 32, of 1118 Bates avenue. “A pal of mine tried to burn the Bible,” Taylor is alleged to have told the police in a purported statement, ‘ and I told him he shouldn’t do it. The Bible, which the police found on the table in my home was given to me by Paul Smith, who said he got it from the York home.” Smith, according to the police, is awaiting trial on charges of grand larceny. John Giberson, cousin of the notorious Ernest (Red) Giberson, already has been paroled after being convicted on charges of being a member of the gang of furniture thieves. SIX KILLED WHEN CAR CRASHES INTO CREEK Autoists Drowned When Driver Dozes at Wheel; Two Saved. By United Press LINCOLN. 111., April 2.—An automobile driver s moment of sleep today was blamed for the deaths of six of the seven persons who were riding with him to a Saturday night barn dance. Only the driver, Jesse Bechtel, and one of the young women in the automobile, Miss Alma Worth, escaped when the car crashed through the railing of the Salt creek bridge seven miles southeast of here and dropped twenty leet into the stream. Fred McGowan and his wife. Mildred. newlyweds; Mrs. Jesse Bechtel. John Plut. all of Lincoln; Miss Juanita Adams, Mattoon, and Robert Hoizapfel, Chicago, were drowned. TWO TEXAS OFFICERS KILLED BY DESPERADO State Police Seek Clyde Barron for Brutal Slaying. By United Press GRAPEVINE. Tex., April 2. Texas officers redoubled efforts today to capture or kill the state’s No. 1 outlaw. Clyde Barrow, sought for the wanton murder yesterday of two state highway patrolmen near here. The patrolmen, H. D. Murphy and E. B. Wheeler, were shot from their motorcycles as they guided the machines toward an automobile parked* on a side road. Positions of the bodies indicated they had no chance for their lives. Motorists on a nearby highway said that a tall man stood over the fallen officers and emptied a shotgun into their bodies before speeding away.

THE INDIANAPOLIS TIMES

SPECIAL ISSUES GAIN 2 POINTS: OTHERSSTRONG Mining Shares Make New 1934 Highs; Volume Increases.

Average Stock Prices

Average of thirty industrials for Saturday: High 102.06, low 99.99, close 101.85, up 1.54. Average of twenty rails: 47.98, 47.40, 48 92, up. 61. Average of twenty utilities: 26.15, 25.80. 26.02, off .17. Average of forty bonds: 92.62, up .09. Average of ten first rails: 98.40. up .23. Average of ten second rails: 81.02 off .10. Average of ten utilities: 96.10, up .09. Average of ten industrials: 94.95, up 13. BY ELMER C. WALZER. United Press Financial Editor NEW YORK, April 2.—Stocks advanced fractions to about 2 points today as Wall Street placed a more favorable interpretation on the current business outlook. No definite news developments came into the market to aid the situation, but there was a more cheerful sentiment in the financial district. Stocks were slowly pushed forward with gains general and only the utilities showing recessionary indications. Gains of more than a point were scored by such issues as Briggs at 17, Chrysler at 54%, Du Pont at Seaboard Oil at 36%, Peoples Drug at 37% and Western Union at 57%. Postal Telegraph preferred advanced 2% points to 25% while others in the communications field were mb:ed with American Telephone off % at 119% and radio up % at 8. United States Steel failed to hold an early gain and was off % at 52%. American Can was fractionally higher. • Several special issues showed strong tendencies. Armour shares were fairly active at higher prices with the A stock up % of a point at 6% and the preferred stock up 3% points at 64%. International Salt and Monsanto Chemical both established new 1934 highs, the former at 28 and the latter at 88% with gains of more than a point each. Dome Mines, Howe Sound and International Nickel also advanced into new 1934 highs in the mining group while Sperry Corporation was active and fractionally higher around its high for the year.

Bank Clearings

INDIANAPOLIS STATEMENT —March 31— Clearings $1,754,000.90 Debits 4.241,000.00 Clearings for the week 8.608.000.00 Debits for the week 24,208.000.00 Clearings for the month 45,247.000.00 Debits for the month 122,618,000.00 TREASURY STATEMENT By United Press WASHINGTON. April 2.—Government expenses and receipts of the current fiscal year to March 20. compared with the corresponding period of the previous fiscal This Year. Last Year. year: Expenses $3,820,899,614.61 $3 763,842.340.95 Receipts - 2,300.243.945.07 1,517.589,789.27 Deficit 2.520.655.669.54 2.246,252,551.68 Cash Bal. 4.§39.750,870.69 New York Curb (By Abbott, Hoppin & Cos.) —March 31— Close; Close. Alum Cos of Am 70 Hud Bay Min 12® Am Cyanide B 18%;Humble Oil 43% Am Gas & El 26 ilmperial Oil Ltd 14>j Am Superpower 3% Int Petrol 23% Ass Gas & El.. l®|Lake Shore Min 53 Atlas Corp ... 13 (Libby McN Lib 5® Can Marc • 3%|Lone Star Gas 6% Carrier Corp .. 8 Natl Bellas H 3% Cities Serv .. 2%|Newmont Min . 51® Consol G of B 61V3 Nia Hud Pwr 6% Cord Corp .. 7® Pan Am Airways 41 Creole Petrol . 11% Park Davis ... 24 Crown C Inti 7% Penn Road .... 3® Deere & Cos 29 ISt Regis Paper 3® Distillers Lim 23% Sal Creek Prod. 6% Distillers Corp 18 ISherwin Wms . 61 El Bond & Sh 17%iStd of Ind 26% Fisk Rubber 17 :Std of Ky 16 Ford of Can A 22%Technicolor ind 7% Glen Alden C 17%iTeck Hughes G 7% Gulf Oil of Pa 66%1Un Gas 3 Hiram Walker 43 lUn Pwr & Lt A 3%

Foreign Exchange

(By Abbott. Hoppin & Cos.) —March 31— Close. Sterling, England $5.12 *e Franc, France 0658 Lira. Italy 0859 Belgias. Belgium 2332 Mark. Germany 3967 Guilder, Holland 6741 Peseta, Spain 1363 Krone, Norway 2573 Krone. Denmark 2287 Yen, Japan 3021 INDIANA REXALL CLUB TO MEET IN CLAYPOOL State Drug Agents’ Organization Holding Convention. Annual convention of the Indiana Rexall Club will be held tomorrow and Wednesday at the Claypool, with several hundred Rexall agents of the state attending. Speakers will include J. A. Galvin. Boston, vice-president and treasurer of the United Drug Company; George C. Frolich, United Drug Company vice-president and sales manager; C. L. Vallandingham, Owenton, Ky., president of the International Associaotion of Rexall Clubs, and others. BEAGLE CLUB WILL HOLD DERBY FRIDAY Centrel Indiana Group Plans Trials at Camp Short. The Central Inidana Beagle Club will hold its derby trials Friday at Camp Short, twenty-two miles west on State Road 40 and four miles north near Clayton. The club is participating in the International Beagle Federation’s annual derby championship, finals of which will be held April 14 and 15 at Greenfield, O. Other Livestock (By United Pres*) FT WAYNE April 2—Hogs—s4? 10c lower: 250-300 lbs.. $4.40: 200-250 lbs. $4.30: 180-200 lbs.. $4.15: 160-180 lbs.. $4 05: 300-350 lbs., $4: 150-160 lbs., $3.50: 140-150 lbs.. $3 25: 130-140 lbs.. $3: 120-130 lbs., $2 50: 100-120 lbs.. $2: roughs. $3: stags. $1.75. Calves. $6.50: lambs, (8.504?9. S2O Fishing Tackle Stolen Thieves smashed a window in a drug store at 2320 West Tenth street early this morning and escaped with fishing tackle valued at S2O. Ed Lockridge, 2322 West Tenth street, heard the breaking glass and called police who notified the owner of the store, Ed Hall, 3532 Graceland avenue.

—New York Stocks — ——* ißv Abbott. Hoppin & Co.i

—April 2 Prev. Oil*— High. Low. 10 30. ciose Amerada 48 3 AU * aarnsuail * ° WOnSOI Oil ♦ "4 oont of Del ••• * * Aua Com. Pet - ret Corp •• ••• 42® 12. rurUipe Pei ••• % i-iymoui.il oil ••• 33 13 t ure on 13,3 x - - otlb Cu 33 • oneil on . iU " - o.euey Oil 10% 10® iu® 4u „ oOC av I 10 4 ru-4 -- o o or Cal - - - 012 • O O Ol IV J •• • 10 2 - .exas corp , lu ea.e. Assn lit* 11® d® ■“ - wu Or Car . . .. ... 11® 1* stee.s— . Aut ..*o*l MliiS .... ... -4 2 -O o i,e.n otee, 33 ■*- Oj ei s a ,i■“ a > 00. tUci 02 iron 0 2 " i v-ruc 3iiuana oicer ••• ••• 3 * ivica-eespoi * lin b 0 *vua oteei ••• •• • 46 uau steer - '* c ® out. oteer •• ••• a o s rvcp r.pu as oteel 22 3 /* 22® 22vs 22 4 iVCp AT" 05 St. pro •• 01 “ U o ripe ci ray - •- • 2<,a -12 u s Steer .... 52® 52®' 02-4 oa s u o oteer pld 90® 69 s Warren sros ••• 4u •rounga n s (Si X 26 i Motors— Alwuril 54)4 ! V/Ury o.er 541* 54 04-a 30 8 uen rviotor • • ■ 56 ® 00® vjrcrr rvrovors pfd 99V8 eir'an„rri .vrov ••• <v^ 4 , 3 8 nUuSon 2i ,8 2r 4 2*upp a * uru Truck 33 3-2 . ,i...aru 5® o® 0 ,4 o a rveo •* ® **:b — ‘® - erro >• -.uck 0 ® -Uo.or Access — Brituj.v ••• 19 8 19® Alum bO-r sorg Vv airrer ... • • ■ -0-2 snggs 451* 13)4 buuo Wheel * taton Mig 20® 20® Kiec Auto Lite 26: 26® *toudauie A °® *® Muinns Mfg * a3 Mullins Mig pfd 29 Murray Bouy 10 9 .4 Stew Warner ? Timken Roil 35% 3a Timken Det Axel 0® 0 ,a Alaska oun 22% 22V* 22® 22® Am Metals ••• •-- Am smelt ff 43® Anaconda 45 V* -3,8 cai <si riecla ••• • • • 8 Dome Mines 407s 40® 40® 40® cerro ae Pasco.. 36® 36® 36® 36® Granby r 1 ® 14® Gt r\or Ore .... - N 44 14® 13® nomestake Min 50N 50 50® ... Howe sound •• ® ins Copper 3 ® 5® rnt ftictiel ••• 28 ; 4 Kennecott Cop 20 19® Mclntyre Mine 50 497* o 0 50® Noranda Cop • 41% 41N 40%, 41® Park Utah 5% Fheps Dooge ... 17‘/a 17% 17 1 * 16® St Joe Leaa ... -•■ 23 4 U S Smeiters 128% 129 Vanadium 27% 27 Amusements — Fox Thea ••• 15N Loews Inc 32% 32% 32® ... Radio Corp 7® 7% 7® 7® RKO 3® Warner Bros ••• "U Tobaccos — Am Snuff • • 55 Am Tob A 67 Am Tob B 68% Gen Cigars 30® Ligg & Myers B Lonllard •• ••• 17 1 ® 17% Reynolds Tob B 407's 40% 407s 40% Rails— Atchison ••• 66 65% Atl Coast Lines. 46% B& O 29® 29 29® 28% Can Pac 17V* 17% 17® 17® Ch & Ohio 44% 44® Chi & Gt W 4% 4% C M & St P 6® C M & St P pfd 11 10% Chi N W 13% 13® Dela & Hud 63 Del Lac & W • • • 27% Erie 21 Erie pfd 25 25 Grt Northern pf 277* 27% 111 Central 32 31>, 2 Lehigh Valley 18 Lou & Nash ... 57 56% 57 56% M K & T 11% 11% M K & T pfd 27 1 * Mo Pac 5® Mo Pac pfd ■ 7% 8® N Y Cent 357'a 35% 35% 35® N Y Chi & St L 19 N Y New Haven 187s N Y Ont & West 9% Nor Pac 32® Penn R R 34% 34% Reading • 51 Sou Pac 28® 28% 28% 27% Sou R R 32 31% Sou R R pfd ... ... 36 Union Pac ... ••• 127% Wabash ... • 3% West Maryland 15 1 /* 15 Equipments— Allis Chalmers 19% 19 Am Car & Fdy 28% Am Car & Fy pf .. 471N Am Loco 34 Am Mach & Fdy 15% 15% Am Steel Fdy 21® 21% Bald Loco 147* 14% Bald Loco pfd ... ••• 52% Burroughs 15% Case J I 72% 72% 72% 72% Cater Tract .... 31 30% 30% 30% Deere & Cos 29% 29% 29% 29 Elec Stor Bat Foster Wheeler ... 18® Gen Am Tank C . 3974 Gen Elec 22% 22% Ingsol Rand ... ... 66 Int Bus Mach 133 Int Harvester 41® 41% Natl Cash Reg.. 19® 19 19% 187* Pullman Inc . 55 54® Rem Rand ■ • • 12® Und Elliot 44’,2 West Air B .... . . 31 30® Westingh Elec.. 39% 39 39 39 Utilities— Am & For Pwr . . ... 10 10 Am Power & Lit 9 8% 8% 9 AT&T 120® 120 120® 119% Am Wat Wks 20® Col Gas & Elec . 15% 15® Com & Sou 7... 2% 2% 2% 2% Consol Gas . 38 37% 377* 38 Elec Pwr & Lit 77* 7% Int Hydro Elec. 7% 7 Int T & T 14% 14% Lou G & E A 18 Nat Pwr & Lit.. . 11% 11% North Amer ... 1874 1874 187N 18% Pac G & E 21 20% 20% 18% Peoples Gas 37% Postal Tel pfd 23 23 Pub Serv N J . .. ... . 3874 So Cal Edison 18% 18® Stg Gas 12% 12% Std Gas pfd 12% Stone & Web 9% 9% United Corp 674 6% Un Gas Imp 17 17 Ut P & Lt “A'’ 3% 3% West Union 56% 557* Rubbers— Wirestone 217* 21 Goodrich 16% 16® 16® 1674 Goodyear . 35% 35® Kelly Spring ... 4% 374 374 3 1 4 U S Rubber ... 20 1974 20 19% U S Rub pfd .... ... 45% 447* Miscellaneous— Am Can 100 99% Brkln Man Tr ... 29 Conti Can 787Curtis Pub 22 Curtis Pub pfd 68® Eastman Koa 86% Gillette . 10® Glidden .. 24% 24% Inter Rap Tr .. 8% 8% 87* 87* Foods— Am Sugar 52 Armour ‘'A'’ ... 6% 674 67* 6® Borden Prod 22 7 4 22® Can Dry G Ale 25% Coca Cola ... 105 Corn Prod 72 Cr of Wheat 32% 32% Cub Am Sug ... 7% 7% 7% 7% Gen Foods 33% 33% Gold Dust 2074 20 G W Sugar 28 27% 28 28 GIRL SCOUTS TO HOLD FIRST FIELD INSTITUTE Organization’s National President to Be Honor Guest. First field institute of Girl Scouts in Indiana will be held here Friday in L. S. Ayres & Cos. auditorium. Mrs. Frederick Edey, New York, Girl Scouts national president, will be guest of honor at the sessions. The conference and round table discussions will be attended by council members, district committeemen, trooop committeemen and leaders. It will be conducted by the national staff, composed of Mrs. Edey, Mrs Walter Cavanaugh, Kenosha, Wis.; Mrs. Clarence Day, Jackson, Mich.; Miss Margaret Murray, New York. Miss Alice Mulkey and Mrs. Katie Lee Johnson, Chicago. Mrs. C. F. Voyles, Indianapolis commissioner, assisted by Mrs Montgomery Lewis, training and personnel committee chairman, will open the sessions by extending greetings to the guests. A luncheon and a tea are included in the program. An Eaglet court will be held at 7 in Caleb Mills hall.

Int Salt 26' Natl Biscuit 42 Natl D Prod 16 15 Purity Bak 15 Spencer Kellog 21 Std Brands ... . 21 % 21 United Fruit ... 68% 68 68 % 67 Wriglev 68 Retail Stores— Ass Dry Goods 15*2 15 Best & Cos 32% 33' LAST WEEK OF REGISTRATION OPENED HERE Unprecedented Number of Voters Estimated by County Clerk. Today opened the last week of registration for voters who desire to participate in the primary election, May 8. Registration closes on April 9. Glenn B Ralston, county clerk, estimates that the county will register an unprecedented number of voters if the present ratio is kept up. He estimates that nearly 200,000 persons will have obtained their voting credentials before the deadline day. Two hundred and twelve thousand persons voted at the last general election and Mr. Ralston says it is altogether possible that 225,000 may be registered before next Monday. Branch offices and the central registration office will be open from 8 a. m. to 9 p. m. until April 9 for convenience of the prospective voters. Mr. Ralston warned that persons who have changed their places of residence since they were registered have until April 9 to record the change and thus be eligible to vote in the primary. The largest registration to date was in the Fifteenth ward, a combination of th'e old Thirteenth and Fourteenth wards, with a total of 7,762 , persons tabulated and the registration still incomplete.

Bond Prices

(By Fenner & Beane) —April 2 High. Low’. 10:30 Alleg Corp 5s ‘SO 34 33% 34 Am & For Pr 5s 2030 51 A T & T db 5s '65 106% Atchison Gen 4s '95 99% Brazil 6%S (26) ’57 . . . 26% Can Pac 4s 79% 78% 79% CMStP&Pad 5s A 2000 18% 18% 18% C M St P & P rs 5s A ’75 52% 52 - 52 Cons Gas N Y 4%s ’sl 102% 102% 102% Denmark 5%s '55 92 Erie RRrf 5s '67 72 71% 71% Goodyear 5s ’57 98% 98 98% Gt Nor 7s A '36 96% 96% 96® Interboro RT 5s '66 .. 71 70% 70% Int TANARUS& T tib 5s ’55 66% 66 66% McKess & Robb 5%s ’SO 76 75% 76 Nat Dairy db 5%s ’4B 90% 90% 90% N Y Cent 4%s O 2013 . . 77% Nor Am 5s '6l ... 85% 85% 85% Penn R R 4%s D 'Bl 94% Royal Dutch 4s A ’45 140 Texas Corp 5s ’44 . . 101% U S Rubber 5s A ’47 . . 83% 82% 82% Western Un 5s ’sl ... 92% 92% 92% Ygstwn S& T B ’7O . 85 84% 85 Marriage Licenses Peter Dailey. 32. 630 East St. Clair street, auto mechanic, and Dorothy Ruth Fisher. 20, 670 East St. Clair street, press operator. Charles Tharp. 38. 1337 Ringgold street, machinist, and Esther Moore, 28, city housekeeper. Ralph Lloyd. 22. 2144 East Michigan street, bellman, and Burta F. Mayer. 19, 623 North Parker street, housekeeper. Pearle Lowe. 33. Lorraine hotel, custodian, and Ruth Whisler, 29. Lorraine hotel, actress. Hobart O. Fox, 27. 420 North Gale street, and Martha Lou Gilmore. 20, housekeeper, 1540 North Meridian street. Floyd Etchison, 24. Alexandria, laborer, and Edna Pearl Wilson, 21. 336 North Tacoma street, housekeeper. Virgil Johnson. 25, of 196 North Meridian street, factory worker, and Opal Geneva Adams. 20. 1422 South New Jersey street, factory worker. Edgar Magee. 22. 1815 West Howard street, laborer, and Mildred Irene Pedigo, 18, 1815 West Howard street, housekeeper. Donald F. Carmony, 24. Men’s hall Indiana Central college, teacher, and Edith B. Hagelskamp, 22, 1145 Evison avenue, teacher. Richard E. Kelley, 21. 5701 Massachusetts avenue, asbestos W’orker, and Florence E. Smith. 18, 2205 North Ritter avenue. housekeeper. William S. Woodall, 24. 4045 Oliver avenue, maintenance man, and Dora H Morgan. 20, 635 South Taft street, housekeeper. Cameron De Hart. 23. 3277 Arsenal avenue. construction worken, and Virginia May Cpffman, 20, 428 North Bosart avenue. seamer. Births Girls Harold and Sarah Chamness, 125 South Neal. Neal and Esther Coeburn. 1003 Ashland. Leonard and Naomi Stephens. 826 Broadway. Herbert and Esther Hurt, 2027 Parker. Raymond and Minnie Kriech, 2041 South Delaware. Andrew and Lucille Shaw, 534 Miley. Eddie and Mildred Bryant, Methodist hospital. Robert and Frances Thomas, Methodist hospital. Charles and Jean Kruse, Methodist hospital. Carl and Gertrude Folkening. Methodist hospital. Samuel and Lillian Salotkin, Methodist hospital. Boy* James and Lorain , ,hony. 1611 College. Elzie and Elizabeth Mitchell. 127 South State. John and Mabel, Brown, Methodist hospital. Deaths George P. Davis. 56, 1940 Ruckle, hypostatic pneumonia. Mary H Perkins, 76, 1549 Blaine, chronic myocarditis. Martin C. Koch, 52, 1359 North Tuxedo, cerebral hemorrhage. Selesta Woodruff. 81, 1730 South Meridian. arteriosclerosis. Hannah Manr.. 51, Methodist hospital, chronic myocarditis. Fannie Patterson. 63, 1732 Columbia, acute myocarditis. Emil Eisner. 56, 1701 South East, cerebral hemorrhage. Donald Byarley, 3, Riley hospital, broncho pneumonia. Dora Hale, 49, Central hospital, chronic myocarditis. Adda Doan, 64. Central Indiana hospital, chronic myocarditis. Stella Robinson, 54. Long hospital, diabetes mellitus. Anthony Mullen. 80. 1427 North Delaware. chronic myocarditis. TWO ARE CAPTURED AFTER AUTO CHAS'E Pair Held on Vagrancy Charges; Aluminum Oil Pans Found. Police today were checking on two men. Russell Webb. 21, of 316 North Pine street, and Arthur Webb, 19, of 744 Lexington avenue, following their arrest early today by Sergeant Dan Cummings after an auto chase from South and New Jersey streets to Chesapeake street and Capitol avenue. Sergeant Cummings said that eight aluminum oil pans, weighing eighty pounds each, were found in the car. The men are held on vagrancy charges. Queen Mary Reported IU By United Press LONDON. April 2.—A severe cough forced Queen Mary to remain within Buckingham palace today. It was said there was no anxiety over her condition, but she canceled an engagement to attend today’s races at Kempton park with King George.

' rst Natl Stores • 59>, tnbel Bros 51 Ni*- : Un Tea 3 hn Dept Sts r ge S S 2o jo eger Groc -> n <. icy RH 52 arshail Fields ia %v, .ay Dept St 595’ lont Ward 32 31’. 31% 31 latl Tea ygi , J ?nny J C 63 N 3'feway St 52® ears Roebuck . 48% 48% 48% 48® •Voolworth ... 50® 50® Aviation—'••iation Corp 9% 8% 9% 8® Jurtiss Wright . lurtis Wright A ll 3 * ir Jougias Air 25 .‘ Vor Am Av .. 6% 6% jpeery Corp ll 3 , 11% n® 11 united Aircraft 24 23% Wright Aero 6i> 4 Chemicals— Air Reduction 96 95 Allied Chem ... 153 Am Com Alcohol .. 493. 491, Col Carbon 67® 67 * Com Solvents 29 28% 28® 29 Du Pont 96% 95 7 a 95% 95® Freeport Tex . 45® 44® 44® 44® Liquid Carb 071! Math Alkali 35 ,* Montosonta Ch *7 * Natl Dis 1 new 1 28® 28% 28® 28® Scheneley Dis 35% 35% 35%333.5 3 . Tex G Sulph 36 36® 36% 37 Union Carb 44® 44® 44® 44® U S Indus A1 “ 5 r v l Virg Ch 6T> pfd 20 Drugs— Coty Inc 71 Lambert *.. . 07' net Un Drug 14® iV Zonite Prod 7 ® Financial Adams Exp ... 93 qs Allegheny Corp 31, .j Am Int Corp 8® 8® 8® 8® Chesa Corp 41® Lehman Corp 71® Transamerica 7 7 Tr Conti Corp .. 5® 5® 5® 5 Building— Am Radiator .. 15® 15 15 15 Gen Asphalt . . igi Int Cement 29® eqi* Johns Manville .. . 571. 57Libby Owens G 1 3% Otis Elev 157 157 4 Mien Cons* * 31* Household— Col Pat Peet ... 16® Congoleum . * 27® “’7® Kelvinator 20% 20® 20® 20>. Proc & Gamb 35 34® Simmons Bed 19® iB3. Textiles— * 04 Amer Woolen .. 14% 14% 14% 14® Belding em .... . 13® 13 Celanese Corp ..37® 37® 37® 37 Collins Aikman . 24% 24 24% 23' 2 Gotham Hose .... ... 9® Indus Ravon .... gi Kayser Julius .. 16® 16% 16®

Bright Spots

By Abbott. Hoppin & Cos. American Railway Association car load’•n?s :n the week ended March 24 totaled 608.462 cars, a decrease of 17.311 from the previous week but 128.503 cars more *han the like 1933 week. Gimble Brothers and subsidiaries in twelve months ended Jan. .31 had a net $626,437 after all charges against 54,4.>9,058 in ihe previous twelve-month period. Canadian car loadings in the week ended March 24 totaled 42 313 cars, a decrease of 1.299 cars from the previous bu ! 6 781 cars mote than the like 1933 week. Beth Steel Company has received an order for thirty thousand tons of rails from the Boston & Maine R'llroad Company. Mid-Continental Petroleum Company declares a dividend of 25 cents a share on common stock. Last previous payment was 50 cents a share on Feb. 16, of Pairbanks-Morse company for 1933 shows a net loss of $238,552 after charges against $323,760 in 1932. New York Central Railroad Company following rail contracts 19,500 tons to Bethlehem Steel Company; 17 d 9 9 J*?* 18 t 0 the Illinois Steel Company, and 1,900 tons to the Carnegie Steel Company. • Corporation and subsidiaries 111 1933 earned 21 rents a share on the stock against a net loss of 87,685,098 in 1932. Sperry Corporation and wholly owned subsidiaries for period from March 1. 1933. the effective date of acquisition of the subsidiaries to Dec. 31, earned 23 cents a common share. McKesson and Robbins and subsidiaries in 1933 earned 5 per cent a share on the series IAI convertible 7 per cent preferred stock against, a net loss of $921,641 in Amarada Corporation declares the regular quarterly dividend of 50 cents a share on the common stock. Hollinger consolidates gold mines declares an extra dividend of 5 cents a share in addition to the regular monthly dividend of 5 cents a common share. Brokers’ loans in the week ended March 24 decreased $8,000,000 to $886,000,000. Sears. Roebuck sales in four weeks ended March 26 totaled $22,362,353 against $14,215,630 in the like 1933 period'. Schulte Retail Stores 1933 net profit $187,341. against net loss of $2,039,120 in 1932. Orders for approximately $2,000,000 rails and fastenings have been awarded bv the Erie Railroad Company. The orders will be shared by the Carnegie Steel Company, the Inland Steel Company, the Illinois Steel Company and the Beth Steel Company. Fire Reports (Saturday) 7:38 a. m., 330 East Twelfth, residence small loss. 9:26 a. m., 949 West Twenty-fifth, grocery and residence, small loss. 9:42 a. m., 2707 Shelby street, residence small loss. 9:55 a. m., 2325 East Twelfth, residence and grocery, small less. 12:08 p. m.. 747 West Twelfth, residence, small loss. 12:25 p. m., Emerson and B. and O. grass fire. 2:39 p m„ 4900 Bluff road, residence, small loss 5:38 p. m., 914 North Capitol, residence, small loss 6:50 p. m.. Thirty-fourth and Sherman drive, grass fire. 7:34 p. m., 1036 Goodiet avenue, resiaence, small loss. 8:49 p. m., 3220 Fall Creek boulevard, residence, no loss. (Yesterday) 9:56 a. m.. 439 North Walcott, residence, small loss. 9:56 a. m., 1315 North Warman, residence, small loss. 11:02 a m.. 542 Massachusetts, office building small loss. 11:11 am., 460 East Ninth, residence, small lo??. 12:17 p. m.. 1428 Oliver, residence, small loss. 1:55 p. m.. Pennsylvania and Fiftysixth. grass fire. 2:39 p. m.. 2125 Cottage, false alarm. 242 p. m., 212% College, barn, small loss. 2:53 p. m„ 2359 Guilford, residence, small loss. 3:47 p. m., 3745 South Meridian, grass nre. ROB LAUNDRY DRIVER Armed Bandits Enter Truck; Flee With Satchel of Money. Jerry' O’Neil, 404 East New York street, driver for the Progress Laundry, was held up and robbed by two bandits, one armed with a revolver, Saturday night in front of 126 H ; ghland avenue. O'Neil told police that the men entered his truck, rode with him to Pine and Michigan streets, grabbed his satchel and ran. He was unable to say how much money was taken.

Abbott, Hoppin & Company 203 Continental Bank Building Riley 5491 New York Indianapolis Chicago Montreal Pittsburgh MEMBERS; New York Stock Exchange Chicago Board of IYade New York Curb Exchange Chicagr Stock Exchange New York Cotton Exchange Chicago Curb Exchange New York induce Exchange Con>mnfiuv Exchange Inc New York Coffee and Sugar Exchange, Inc. Chicago Mercantile Exchange Co-Managers James T. Hamill Kenneth K. Woolling

PAGE 11

GRAIN FUTURES DISPLAY WEAK TRADINGRANGE Uneven Precipitation Over Wheat Belt Turns All Months Lower. BY HARMAN W. NICHOLS, 1 nited Tress Staff Correspondent CHICAGO, April 2.—The probable effects of scattered precipitation over parts of the northern and southwestern wheat areas depressed the grain trade today and prices opened slightly lower on the Board of Trade. Wheat and corn deliveries were % to % cent lower, and oats and rye were unchanged to * cent lower. Traders expected a rally in corn despite the large open interest in the May future. The cash situation in the yellow grain continues good. Oats hold the lowest since in October in spite of the fact that the crop in 1933 was one of the smallest in recent years. Liverpool markets will remain closed until tomorrow. Chicago Primary Receipts —March 31 —Bushels—--4 Todav Last week Wheat 598.000 487.000 Corn 681 000 559.000 Oats 204.000 124.000 Chicago Futures Range —April 2 WHEAT— prev. High, Low. 10:00. close. May 86% .86% .86® 86% July 86 .85% .85® .86% Sept 87® .86® .86® .87% CORN— May 48® .48® ,48® .49 July .51 .50% .50% .51 Sept 52® .52% .52% .52® OATS— May 32® .32® 32® .32® July 33® 33 .33% .33% Sept 33® .33 .33% .33% RYE— May .59% .59% .59® .59% July .60% .60% Sept .62 .62 BARLEY— May .43® .43% July 45% .45 .45 .45 Sept .47 CHICAGO CASH GRAIN By United Bretts CHICAGO. March 31—Wheat—No. 2 hard. 87®'//88c. No. 5 hard. 85c Corn— No. 2 mixed. 46®c: old 46®c: lake. 48c: No. 2 yellow, 46®®47'c; old. 37®c: lake. 46®46®c; No 3 yellow. 45Vs</47c: old. 47®c: No. 2 white. 49c; old. 49®c; lake, 49c: No. 3 white. 47'// 48c. Oats—No. 2 white .34 ®c: lake. 33® c: No. 3 white. 33®c: lake. 31®c; No 4 white. 31 #l32c; sample grade white. 27®c. Rve —No. 2. 64c. Barley 78'./81c Timothy— $6.50® 7. Clover seed $11'.(12.50: Cash provisions—- . Lard. $6.12; lose. $6.12; leaf. $612; S. BeiTies. SB. TOLEDO CASH GRAIN By United Prt .* TOLEDO March 31—lOrain in elevators, transit billing. 1 Wheat—No. 2 red. 92Si 93c. Corn No. 2 yellow. 52® v 53 1 *c. Oats —No. 2 white. 37®<d38®c. Rve —No. 2. 65'//66 e. (Track prices. 28®c rate.i Wheat' —No. 1 red. 88®®89c: No. 2 red. 87®® 88c. Corn—No. 2 yellow 48® 49c: No. 3 yellow 47® 48c: No. 4 yellow, 46® 47c. Oats—No. 2 white. 34® 36c: No. 3 white. 33®®35®c.. Toledo seed close: Clover —March. $8.25. Alsike—Cash. $8.50. INDIANAPOLIS WAGON WHEAT City grain elevators are paying 80 cents, lor No. 2 soft red wheat, ot.ner eradea . on their merits \

Gone, but Not Forgotten

Automobiles reported to police as stolen belong to: Ra.ph Mathis, 1014 East Ohio street, Chrys.er coupe. 124-019. from Washington and New Jersey streets. James Cain. 1131 Haugh street. Ford coupe. 298-657, from in front of 1131 Haugh street. Harold Strause, West Newton, Ind., Chevrolet truck from in front of 1359 Kentucky avenue. Jaunita Calkins Buckman, Liberty. Ind., Ford coach, from in front of 2438 Broadway. Gale Hunt. 1235% Oliver avenue. Ford coupe, 39-880. from 1000 Hunter street. Irving Wampler, R. R. 9. Box 135. Ford roadster, from 1200 Prospect street. Pleasant Davis. 4205 East Thirtieth street, Chevrolet coach. 108-417. from Market and Delaware street Buddy Kane. 1714 West Morris street, Stutz sedan. 43-832, from Virginia avenue near Washington street. Lee Ridgeway. 523 South Senate avenue, Ford roadster. 123-423. from 1100 South Meridian street. Odell Reynolds, 1232 Wright, street, Nash sedan, from 1100 Prospect street.

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Stolen automobiles recovered by police belong to: M. R. Ray. 441 North DeQuincy street. Chevrolet coach, found at 26 West Twen-ty-seventh street. Pontiac sedan, 46-734, from behind the skating rink at Riverside park. Dr. Joel Whitaker, 1707 North Pennsylvania street, found ten miles southeast of Danville, Ind.. stripped of five wheels, five tires. light bulbs and license plates. Plymouth coach. 220-421 Texas, found at 34 West Georgia street. John A. Kickich, 418 South Temple avenue. Ford coupe, found in front of 222 West New York street. Buick coach. 311-795, found at Tacoma and Washington street. P. G. Freeland. 1611 East Washington street, Oakland sedan, found In front of 708 East Eleventh street. I C. Lee. 2957 North Delaware street. Ford coach, found at Sixteenth street and Bundv place. F. Weatherall, 2254 North Dearborn street. Chevroetl coupe, found at W'hite river and Raymond street, stripped of five tires and motor head. F Stone. 926 Berwyn street. Shelby Service Compiyiy, Ford truck found at. 1800 Olive str<:t. Harry Puckett, 723 Harrison street. Chevrolet coupe found in front of 241 North Beville avenue. Ward Hiner. 528 Illinois building. Ford coach, found in front of 2521 Guilford avenue. A Hopkins, 320 East W'alnut street, Buick coupe, found at Nineteenth street and Park avenue. J. C, Burkman. Ford coach, found in rear of 2438 Carrollton avenue, stripped of four wheels and four tires. Katherine Cox. 902 North La Salle street. Chevrolet coach, found in rear of 609 North La Salle street, stripped of five wire wheels and five tires CHICAGO FRCIT MARKET By United Preen CHICAGO April 2.—Apples—Michigan Baldwins, $1 50 bushel. Carrots —Illinois, 404) 50c bushel. Spinach—Texas, 75c4)5l bushel Beans—Southern green. $2 504? 2.75: wax. $24? 2.75 Cucumbers —Central western hothouse. $2 254)2 30: southern, $5,254) 6.25 bushel. Tomatoes —Florida. $1,254)2 50 box. Rhubarb—Michigan hothouse. 204) 40c, 5 pound cartons. Mushrooms—lllinois. 17' 2*1 30c. pound cartons. Asparagus—California. $1 254/2 80 dozen bunches Sweet Po'atoes— Tennessee. $1 654/ 185 Indiana. *1.754/1.85 Leaf lettuce —Illinois hothouse. 454/ 50c. 10 pound baskets. Onion market 50 lb sacks: western Valencias. $1 104/1 40: central western yellows, 80c4?$l.l0, western whites. $1,504? 1.75.