Indianapolis Times, Volume 48, Number 30, Indianapolis, Marion County, 15 April 1936 — Page 20

T rends ‘Trade Practices’ of Business Are Scrutinized. BY JOHN T. FLYNN NEW YORK. April 15.—Although officially buried by the Supreme Court a long time ago, the NRA has a way of persisting in the news columns. This is explained by understanding the idea that was back of NRA. And it is this idea which is persisting. This idea is that business groups should be permitted to get

together to deal with what they innocently refer to as “trade practices.” The Federation of Labor also has cherished the notion for some years that it would be a good thing if labor could be organized on one side and industry organized on the other and the two could be forced to deal with each other in collective bar-

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gaining. Also the federation clings to the hope that it can get wages up and keep them up through agreements of employes forced on the employers through some sort of NRA. At the same time one hears or reads continual denunciations of the old NRA by' business groups and business leaders, so that it seems incredible that there could be in the NRA idea anything that business wants. a a a THE one thing which has made all this impossible up to now has been the Sherman anti-trust law. But now the Sherman law is pretty much in the discard so far as the Administration and the Department of Justice are concerned. And in the meantime all sorts of movements are springing up in numerous business and labor groups to revive, not the NRA, of course, but many of the features of the NRA, and in particular the right of business to unite to control trade practices. If business associations can do this and at the same time keep labor out of the problem they will move heaven and earth to revive the codes or most of them. The most plausible idea in the world is this one—that all sorts of dishonest and unfair practices creep into business and that the most effective way to be rid of them is to permit business men to organize to outlaw these practices in their industries. Unfortunately when business men unite it turns out that what they mean by ‘‘trade practices" are those things which keep competition alive. a a a OP course there are a lot of things which are quite disreputable which ought to be banned. But the big thing that worries business men is what they call “overproduction" and “pricecutting" and competitive devices of all sorts. Another thing that bothers them is the entrance into their industry of too many newcomers. Therefore the thing they would like is to obtain permission to get together to deal with “trade practices,” but under the guise of that fair phrase to get control of the productive and price mechanisms of their industries. All sorts of schemes are cooked up to make this possible—open price filing and, very often, secret price filing; following the lead of certain key producers in prices; control of credit mechanisms to make the way of newcomers difficult. All these subjects are softpedaled in the discussions, but they are the real heart of the movement to enable business to unite to deal with “its problems.” It is a dangerous movement. (Copyright, 1936, by NEA Service, Inc.)

On Commission Row (Quotations below subject to change arc average wholesale prices being offered to buyers by local commission dealers.) FRUlT—Strawberries: Louisiana. 24pt crate, $3. Pears—Washington D'Anjo (100s box), $3. Limes—Mexican, carton. 20c: Persian seedless (doz.i, 45c. Bananas, seven hands, pound, sc. Apples— Delicious (fancy baskets). $1.75; Rome Beauty, $1 35. Lemons—Sunklst (360s I, *6 25. Grapefrutt—Texas seedless 1 545-80sl, 80sl, $4. Pineapples—(24s) crate, $5.25. VEGETABLES Artichoke, California • doz.), sl. Beans, green round stringless i hampers), $3.25. Beets—Texas (3 doz. crate), $1.65: cut offs (bu.). sl. Cabbage New Texas (crate). $2.50; half crate. $1.40. Carrots —California (6-doz. crate) $3; Texas (3% doz,. crate), $1.50. Cauliflower. California (12s crate), $2. Celorv Florida washed and trimmed (doz.), 4541 85c; Florida (4s. Bs, 10s crate), $3.50. jCucumbers—Hothouse (doz.), $1.35 (southern bushel). *6 Egg plant—Florida tdoz.i, *1 75. Kale—(Virginia bushel), 85c. Let-tuce-Iceberg, Arizona (best 6s, ss), $3.65: home grown leaf (15-lb. basket), $1.50. Endive—California (doz.i, 75c. Peppers— Mangoes (crate), $3.50: peck basket, 90c: doz. 30c. Mint Hothouse idozi. 75c. Mushrooms—Pound. 30c. Mustard—TVxas, half crate, $1.40. Onions—lndiana yellow (50-lb. bag), 75c; new Texas Bermuda yellow, 50-lb. bag. $1.90. Parsley—Southern dong bunches, doz.i, 35c. Parsnips—Home grown washed, bushel. *1: half-bushel. 60c. Peas—Florida, hamper $3 25. Potatoes— Michigan Round Whites, 100-lb. bag $1 80Maine Green Mountains, 100-lb. bag, $2 40; R R. Early OJtio. 100-lb. bag. $2: R R. Triumph. 100-lb. bag, $1 90: Idaho Russets, 100-lb. bag, $2.65: Idaho Bakers. 70s box. *2 50; New Florida Triumphs. 50-lb. bag. *2 50. Sweet Potatoes —Tennessee Nancv Halls, hampers, $1.50. Radishes Home grown buttons, doz., 65c, white, 50c. Rhubarb—Hothouse, bunch. 50c Rutabagas—Northern 50-lb. bag. *1.25. Sage —Doz.. 45c. Shellots—Louisiana, doz.. 35c. Turnips—New, bulk Texas, bu.. $1.25. Tomatoes—Repacked. 10-lb. box. *1.75. FRUITS AND VEGETABLES (By United Press) CHICAGO. April 15.—Apples—McIntosh, bu . 75c4i51.35. Carrots—lllinois, bu., 25 *7 35c. Sweet potatoes—Tennessee, bu.. $1 15411.25. Beans—Florida, bu.. sl.so''/ 3 50. Cabbage—Texas, crates. $2412.15. Peas—California, bu. hampers, *2.25if3 Spinach—Texas, bu . 75c4r*l. LettuceWestern crates. $24i3 25 Tomatoes—Mexican. $3.25{{3.85 Cauliflower—California. $1.60fH.65 Celery—Florida, crates. *1.75 #?3. Onion market (50-lb sacks)—lllinois yellows, 304>50c; Wisconsin yellows and Indiana yellows, 30(tt50c. Texas white wax. $1 104}1.20. Produce Markets The prices quoted are paid for stock slatheredf lathered in the country, while delivered n Indianapolis .he price Is a cent higher. Heavy breed hens. 18c; Leghorn breed hens. 15c; old cocks. 12c. Ducks, white. 5 lbs. and over, 11c: geese, full feathered, all sizes. 8c: all guineas 1% lbs. and up. 15c: No 1 strtctlv fresh eggs, loss off. 16c: delivered in Indianapolis. 17c. Each full case must weigh 55 lbs. gross, a deduction of 10 cents a pound under 55 lbs. will be made. No. 1 butter. 36%ft37%c; No. 2, 33% 334%c. Butterfat. 31c. (By United Press) Eggs—Market, steedy; receipts. 24.781 cases; fresh graded first*. 19)40: extra first*. 20c; current receipts, 18%c: dirties. 17%c; checks, no, Sutter Market, weak: receipts. 7154 tubs: extra '92 scorn, 33%c: extra flrsta 1 90-11 1 a score). 33c; firsts (88-89 H score), 33'ae; specials. 33%'./ 34)40; standards. 3J%e. Poultry—Market, steady; receipt* 3 cars. IS trucks: ducks. 17Hno: geese. lse: hens. 18*r22c; turkevs. 234/ 26c; capons. 2S£26c: Leghorn hens. 13 <ftU%c: old roosters, 16%c: broilers, 20i 26c fryer*. 2527 c. Cheese—Twins. 14' filiy: Daisies, 14 J .ai5c; Longhorns. *

♦ ♦ Abreast of The Times on Finance ♦ ♦

PAGE 20

TWO FACTORIES ARE TO EXPAND AT EVANSVILLE 500 Jobs to Be Created as Expansion Program Is Undertaken. Timrs Special EVANSVILLE, Ind., April 15. Creation of 500 new jobs for local labor was seen today in announcement of expansion programs by two Evansville industries. The Sunbeam Electric Manufacturing Cos. is to open anew factory to produce refrigerator cabinets in addition to cooling units, Carson, president, declared. The Sunbeam firm will purchasee the factory building now occupied by the Hoosier Lamp and Stamping Cos. and transform it into a modedrdn cabinet plant. The Hoosier firm will move into the building formerly occupied by the Klamer-Goebel Furniture Cos. Floor Space Added Thomas J. Morton Jr., president of the Hoosier company, said an addition containing approximately 50,000 more feet of floor space will be added to the furniture plant building. “We will start moving as soon as we can get the building remodeled,” Mr. Morton said. “We will not stop production at any time during the moving.’” He asserted that the company, which now employs 500 men, plans to add more workers along with expected to increase in business. The new Sunbeam plant is expected to employ between 300 and 500 persons when in full operation. The present plant employs about 1200. Cost of remodeling and buying the Hoosier factory with completed equipment is estimated at between $300,000 and $400,000.

SUPERVISORS HEM ARMOUR PRESIDENT R. H. Cabell Warns Workers Against Accidents. Ninety per cent of accidents which kill and maim industrial workers can be avoided or minimized, R. H. Cabell, president of Armour and Cos., said last night in an address to more than 1500 packing plant superintendents and foremen. He added: “I say 90 per cent as a matter of courtesy,” Mr. Cabell said. ‘‘We don’t like to think that all accidents are due to carelessness or failure to anticipate dangerous conditions, but perhaps we would come closer to stating the proportion of preventable accidents if we said 99 per cent.” Mr. Cabell’s address was transmitted through a telephoneloud speaker system from Chicago to meetings of Armour plant supervisors in Indianapolis aad 15 other cities. The meeting here was leld at the Claypool, preceded by a dinner. The Indianapolis plant has recently completed 1,179,281 of manhours of work without a lost-time accident In addition to Mr. Cabell, the group was addressed by Donald F. Stiver, Indiana state safety director. J. M. Muir, local plant superintendent, presided. UNFILLED ORDERS RISE Times Special PITTSBURGH, April 15.—Unfilled orders equal to more than a month’s production were reoprted today by the Allegheny Steel Cos. Included in the total is a recently booked order for 4000 tons of castings. Busigraphs NEWSPAPER ADVERTISING (media RECORDS-52 cities) 150i m§ 5 EZIZ dotted line is the pastV // VVTEN YEARS AVERAGE 0F.,/ O VX// '// '/A/ THE SAME MONTHS M/. '/j '/Y/, r ii nm. 'X: THE BARKER CORP. GENERAL. DISTRIBUTORS INCORPORATED INVESTORS Watch the trend of newspaper advertising and you have good picture of business activity. While February advertising was less than in January it but followed the seasonal trend. Compared with a year ago, February newspaper advertising, as a whole, gained 6 per cent. Financial advertising scored the largest yearly increase, amounting to 31 per cent. General and classified advertising jumped 14 per cent, retail was up 2 per cent, while automotive advertising was 14 per cent less. New York Curb <Bv Atkins, Hamill & Gates.) 12:30 P M. Prev. ... NY. Close Aluminum Cos of America ... 140 138' Am Cvanamid "B" 35’* 36*4 Am Gas & Electric' 37% 38'* Am General 9% 9% Am Superpower .... 2‘a 2% Ark Natural Gas "A” 7 6U Atlas Coro 13'a 13 s * Carrier Corp 9% 10 Creole Petroleum Corp 29 '4 28’* Elec. Bond <Sr Share 22% 22 '4 Fisk Rubber 6% 6% Ford Motors Canada “A" ... 24-'* 24 '2 Glen Aloen (11 14% 14% Greenfield Tap * Die Corp .. 8 8% Gulf Oil Corp of Penn ... 91 1 i 93'a Humble Oil & Refining Cos ... 69% 69' Hvgrade Food 4% 4% Mueller Brass Cos ... . 29 s t 29% Imperial Oil of Canada 22’* 22% | Irving Air Chute 22% 22% Lake Shore Mines 52% 57% Molybdenum Coro of Am 10 ’ > I Int Nitamin 7*4 a; Natl Bellas Hess Inc 4 2'* Niagara Hudson Pwr 9% 9- 4 Pennroad Corp 4'a Root Petroleum I6*a 16% St Regis Paper Cos 4 4 Segal Lock 3% 3' Sonotone 2’* 2’* Standard Oil of Ohio 35 34% Stutz Motor Car of Am 33 Technicolor. Inc 29Va 29’* Tubize Chatillon Coro 7\ 7% Wayne Pump 31V* 30’* LOCAL CASH MARKET City grain elevators stv paying 92 cents for No. 2 soft wheat. Other grades on their merit*. Caan corn new No. 4 yellow 48 cents and oats 18 ecnU. ■*

New York Stocks

(By Thomson it McKinnon) 11:15 Prev. High Low A. M. close Oils— Atl Rfg 32% 32 32% 31% Barnsdall 18% 18% 18% 18% Consol Oil 13% 13% 13% 13% Cont of Del 34 % 34 34 34 Houston inew).. 10 10 10 9% Mid Cont Pet .. 22% 2222% 21% Ohio Oil 14 14 14 14 Phillips Pet 46% 46 46% 46% Pure Oil 21% 21% 21'% 21% Royal Dutch ... 55% 55% 55% 54% Seaboard Oil ... 36% 26% 36% 37 Shell Un 17% 17% 17% 17% Skellev Oil 28 28 28 28% Soc Vac 14% 14% 14% 14% 8O of Cal 44 43% 44 43 s * |O of Ind 27% 37% 37'% 37% SOof N J 63% 62% 63% 62% Texas Corp ..37% 37% 37% 38 Tidewater Assn . 17% 17% 17% 17% Un Oil cf Cal 25% 25 25'% 25% Steels— Am Roll Mills .. 29% 29' 29% 29 Beth Steel 61 60% 61 60% Cruc Steel 36 38 36 36% Inland Steel ...109 109 109 110 Ludlum Steel .. 29'% 29% 29% 29% Mid Steel 45% 45% 45% 46 Natl Steel 65% 65% 65% 65 ; ° tls S‘eeJ 18% 18% 18% 18% Dep Iron & Steel 20% 20'% 20'% 24% Rep Irn-Stl pfd 93 93 93 95% y. S Steel 70'% 70 70 62% ;U S Steel pfd...131 131 ‘i 131% 131 Warren Bros 9% 9% 91% 8 % Youngs'wn Sit T 58% 58 58% 59 Motors— Auburn 45V* 45% 45% 46 Chrysler 100% 100'* 100% 100'% G-n Motors 68% 68% 68% 6774 Graham Mot ... 2% 2% 2% 3 Hudson , 17% 17% 17% 17% Mack Truck .... 34% 34% 34% 34% Nash 20% 20 20 207, Packard 11% 11% n% 11% Reo 7 7 7 7 Studebaker ..... 13% 13% 13% 13% Yellow Truck 1771 17% 17% 17% Motor Access— Bendix 30 29% 30 29'% Bohn Alum 55'% 55'% 55'% 53'% Borg Warner ... 77% 77 77 76% sr!f5 r !f5 S w, 54% 54'% 54% 55 Buad Mfg 12% 12% 12% 13 Budd Wheel 10% 10% 10% 10% Eaton Mfg ... 35'% 35 * 35'% 35% Elec Auto Lite. 39% 39% 39% 39 Greyhound "B”. 60 59'/* 59% 60 Houdaille 26% 26% 26% 27% Murray Body ... 18% 18% 18% 18'% Stew Warner ... 22% 22% 22’% 22'% Timken Roll .67 67 67 66'% Timken Det Axle 16'% 16% 16'% 16'% Mining— Alaska Jun 14% 14% 14'/* 14 Am Metals 33'% 33'% 33'% 33% Am Smelt 83 83 83 83% Anaconda 3874 38% 338% 38'% Cal it Hecla ... 13% 13 13V* 13'% Cerro De Pasco 57 56% 56% 56% Dome Mines 44% 44% 44% 44% Gt Nor Ore mi 17% 17'/* 17'% Howe Sound ... 53 52% 52% 53 Ins Copper 13 12% 13 12% Int Nickel 49 48% 49 48% Kennecot.t Cop . 40% 40% 40% 40% Phelps Dodge .. 397% 39% 39% 39% St Joe Lead 27 26% 26% 27 U S Smelters ... 92 92 92 92 Amusements— Crosley Radio .. 25 24'% 25 24% Loews Inc 46 46 46 45% Radio Corp 12% 12% 12% 12% Paramount 8% B'% 8% 8% RKO 6% 6% 6% 6% Warner Bros ... 11 107% 11 117% Tobaccos— Am Snuff 61 61 61 61 Am Tobacco "B'' 91% 91% 91% 91'% Lorillard 22% 22% 22% 22 Philip Morris . . 79% 77 79% 77 Reynolds Tob B 52'% 52'% 527% 52% Rails— Atchison 83% 32% 82% 83'% Atl Coast Lines. 29 28% 29 28% Bit O 21% 21 21% 21% Can Pacific ... 12% 1 274 127% 12% Ch it Ohio 58'i 57% 58 57% Chi N W 3% 3% 3% 3% Dela ft Hud 48% 48 4874 47% Del Lac ft .W.. 19% 19% 19% 19*2 Erie pfd 22 V* 22 V* 22 V* 22'% Gt North pfd .. 38% 38 3874 38 111 Central ... 25'% 25'% 25'% 25 K C Sou 22 7 % 22% 2274 22% Lehigh Valley ... 11% 11% 11% 11% M K ft T 9 9 9 9'% Mo Pac 27% 2% 27% 3 Mo Pac pfd 6 6 6 574 N Y Cent .... 41'% 40% 40% 40% N Y New Haven 374 37% 37% 4 Nor Pacific 33% 33 33 32% Penn R R 3474 33% 34'% 34'4 Sou Pac 377% 36% 37 37'% Sou R R 17% 1774 17% 1774 Union Pac 132% 132% 132% 131 Wabash 3'.% 37% 3'% 3% West Maryland. 10'% 10 74 1 o'% 1074 Equipments— Am Brk Shoe .. 48'% 48% 48'% 48% Am Car ft Fdy. 36'% 3674 36'% 36% Am Steel Fdy.. 29 29 29 29 74 Bald Loco 37% 3% 3% 3% Gen Am Tk Car. 477% 47'% 47% 47'% Gen Elec 40'% 4040 497% Pullman Inc ... 447% 447% 447% 447% West Air Br .. 44% 44'4 44 V* 44 Westingh E1ec...1187% 117% 11874 118 Utilities— Am ft For Pwr 87% 8% 8% B'4 Am Pwr ft Lit.. 1274 1 2 1 27% 12 AT&T ....165% 1657* 1657* 165'% Am Wat Wks . 23% 23'% 237% 23'/* Col Gas & Elec . 207% * 20'i 20'4 19 7 % Comm & Sou ... 3 27% 2 7 % 3 Consol Gas . .. 33'% 33 337% 33 Elec Pwr & Lit.. 15 7% 157% 1574 147% Int Hydro Elec . 3'%... 3’%... 37%.. . 3*% Interboro R T .157% 157% 15% 15 . Nat Pwr & Lit . 11'/... 11'% ... 117%.. 117% North Amer .28% 287% 28% 28'% Pub Serv N J .41'% 417% 41'% 41'/* So Cal Edison .277% 27'% 277% 27% Std Gas . 174 7'4 7'4 7'% Stone & Webster 19'% 19'% 191% igs/ 8 United Corn .... 1 7 7 67% Un Gas Imp ... 1674 16 16V4 16'% Ut Pwr & Lt A 57% 5% 57% 5% West Union 87 867% 867% 85% Rubbers— Firestone 317% 307% 317% 307% Goodrich 237% 23'% 23% 23 Goodyear 317% 30'% 307% 307% U S Rubber 337% 33 337% 33'% U S Rubber pfd 77% 77 777% 77% Miscellaneous— Allis Chalmers.. 48 48 48 48 Am Can 122 121% 122 1217% Brklyn Man Tr. 49'% 49'% 49'% 48% Burroughs Add . ... 29% J I Case 168'% 168 168'% 167' Conti Can 78 777% 777% 77% Crown Cork. ... 61'% 61 61'% 60'% Curtis Pub 28'% 23 '4 23 74 22'% Deere & Cos. ... 83'4 83',* 83% 82 V 2 Eastm.a Kodak 165'% 165'% 165'% 166 Foster Wheeler,. 337% 33% 33% 33% Gillette 167% 167% 167% 167s Ingersoll Rand .127 126% 126'% 128 Inter Harv . . 86 86 86 86'% Natl Cash Reg.. 26'% 26'% 26V% 26'% Owens Dottle ...162'% 162% 162'% 162'-> Rem Rand 22'% 22',% 221% 22V* Investment Trusts (By Thomas D. Sheerin & Cos.) ..... , „ , Bid. Asked. 'Administered Fund 2nd $18.73 sl7 80 •Affiliated Fund. Inc 195 216 •American General Equities... 1.09 ill American Business Shares... 1.18 128 Broad-St Inv 29.61 31 67 Bullock Fund Ltd 18.40 19 87 Century Shares Trust 27 08 29 12 Collateral Tr Shares "A” 6.58 664 1 Corp 'AA’ or ‘Accum.’ (mod) 3.39 3.42 Corp 'AA' or 'ACC' lunmod.) 2.68 2.71 Corp Trust Shrs (origi 2.80 2 84 Diversified Trustee Shs 'B'. 10.60 10 70 Diversified Trustee Shs ‘C’.. 4.60 464 •Diversified Trustee Shs 'D'.. 6.81 689 Dividend Shares, Inc 1.67 181 General Inv Tr 6.00 6^60 •Incorporated Investors 22.50 24 16 Investors Fund Amer 106 116 Market Street Invest Corp 31.09 32 71 Maryland Fund 19.45 21.06 •Massachusetts Investors 25.71 27 95 Nation-Wide Sec Cos B’ 4.42 Nation-Wide Voting 181 “i 94 North American Tr Shs. 1955 North American Tr Shs. 1956 3.33 336 North American Tr Shs iorig) 2.57 Quarterly Income Shares .. 161 178 Representative Trust Shares.. 12.67 Selected Amer Shares. Inc .. 1.57 1.71 Selected Amer Shares iorig). 370 Selected Cumulative Shares. 9.57 967 Selected Income Shares ... 498 508 State Street Investment Corp.. 99.50 104 50 Super-Corp 'of America AA’. 281 284 Super-Corp of America BB' . . 2.85 288 Super-Corp of America 'A' ... 4.25 4.30 Super-Corp of America 'B' 444 449 Super-Corp of Am C' & ‘D’ 822 Supervised Shrs. Inc. Dela.). 13.46 14.63 Trustee Standard Oil Shrs A . 7.38 746 Trustee Standard Oil Shrs 'B\ 6.62 670 Trustee Stand Invest 'C'... 2.98 302 Trustee Standard Invest 'D'... 292 296 Universal Trust Shrs 434 440 Uselps ‘A’ is os Uselps Voting ... 113 ’ •United Standard Oil Funds.. L3O 1.42 ■Ex-Dividend. Unlisted, Stocks (Bv Blyth ft Cos.) NEW YORK BANK STOCKS Bankers Trust fg* 6 0% Central Hanover 112'/* 114'* Chase . 38*. 40 Chemical National ! 56'% 58V* GutTRMy 291 294% Irving 157- 173. Manufacturers 49% 51 National City 34% 3g% Cont 111 Chicago .160 163% First National Boston 46V* 47% National Shawmut 27V* 28% FIRE INSURANCE Etna Fire Ins 53 55% American Ins of Newark 15 16% Baltimore American 8% 10% Citv of New York 27 29 Federal Ins *B% 51% Franklin nre 31% 331. Great American Ins 28% 30% Hartford Fire 75 77% Hanover Fire Ins 36% 37% Ins Cos of A 72% 75 Homs Ins 38% 40% National Fire 74 7s 3 . National Liberty 9% 11% North River 26% 28% Phoenix so 92' U S Fire 55'% J 7% Westchester Fire 35'% 37%

WEDNESDAY, APRIL 15, 1936

Foods— Am Sugar 53% 53% 53% 53% Borden Prod ... 27% 27% 27% 27% Cont Bak "A"... 16 16 16 15% Corn Prod 75% 75 75% 75 Crm of Wheat . 35 35 35 35 Cuban Am Sugar 10% 10'* 10% 10% Gold Dust 19 187% 19 18% G W Sugar 34 34 34 34% Natl Biscuit 35 34% 35 34% Natl D Prod 23 23 23 23 Purity Bak 127* 12'% 12% 127* Std Brands 16 16 16 16 United Fruit ... 73% 73 73% 72% Wrigley 76% 76% 76% 77 Retail Stores— Allied Stores ... 8% 8% B'% 8% Gimbel Bros 9% 9% 9% 9% Ktesge S S 22% 22 22 22% Kroger Groc 24% 24% 24% 24',* May Dept St .. 47% 47% 47% 47% Mont Ward ... 43% 42% 43 427* Penney J. C 77% 77% 77'% 77 Safeway St . .. 32% 32% 32% 33% Sears Roebuck.. 66% 66% 66% 65% Woolworth 487* 48V* 48% 4514 Aviation— Aviation Coro .. 6V* 6'% 6% 6% Boeing Aircft .. 21 20% 21 20% Curtiss Wright . . 6% 6% 6% 6% Curtiss Wright A 16% 16% 16% 16% Douglas Air 62% 61% 62'% 60% Nor Am Av .... 9% 9% 9% 9% Sperry C’orp . 19-74 19% 197* 19% United Aircraft N 25% 24% 25 247* Chemicals— Air Reduction ..190'/* 190'* 190V* 1897* Allied Chem 201 200% 201 201 Col Carbon 126% 125% 126'* 124’% Com Solvents ... 19% 19% 19% 197% Freeport Tex ... 31% 31 31 30% Monsanto Chem 100 100 100 99% Natl Dis (new) . 30% 30% 30% 307s Schenlev Dist .. 45 44% 45 44% Tex Gulf Sulph . 34% 34% 34% 34% Union Carbide 8674 85% 857* 857 2 U S Ind Alcohol 54 54 54 53% Coty Inc 5% s'/* s'/* 5% Un Drug (new).. 13% 13% 13% 13'/* Vick Chem 4474 44V* 44'/* 44Vi Zonite Prod .... 8 8 8 8 Financial— x Adams Exp 13 12% 13 1274 Allegheny Corp.. 3% 3% 3% 3% Am Int Corp ... 1274 12% 12% 12% Chesa Corp 65% 65% 65% 65'2 Lehman Corp ... 977* 97% 977* 98' 2 Transamerica .. 13‘/ 2 13% 13% 13V* Tr Conti Corp... 9% 9% 974 9% Building— Am Radiator ... 23% 2374 23% 23% Gen Asphalt ... 31V* 31V* 3174 31 Int Cement 467* 46% 4674 46% Libby Owens Gls 57 56% 5674 56% Otis Elev 2974 297* 2974 29V* Household— Congoleum 38 38 38 37% Servel Inc 20 V* 20 20 20 Simmons Bed ... 30% 2974 30 % 3074 Textiles— Amer Woolen .. 974 9% 9% 9% Belding Hem ... 14% 14V* 1474 14% Celanese Corp .. 487* 48V* 48% 27'4 Gotham Hose ... 10*4 10% 10% 10% Indus Rayon ... 3274 SIT'S 32% 31

N. Y. Bonds (Reprinted From Late Times Yesterday) DAILY BOND INDEX 20 20 20 60 Inds. Rails Util. Bonds. Todav 91.5 92.2 105.0 96.2 Yesterday 91.6 92.6 105.1 96.4 Week ago 91.8 92.6 104.8 96.4 Month ago 91.8 92.1 104.9 96.2 Year ago 85.7 75.7 95.3 85.5 1936 high 93.4 95.6 105.5 97.9 1936 low 91.5 84.7 103.5 93.3 U. S. GOVERNMENT BONDS (By Abbott. Procto? & Paine) Treasury* Prev. Close, close. 4V4s 1947-52 118.4 118.1 4s 1944-54 112.25 112.25 3%s 1946-56 111.3 111.2 3%s 1943-47 108.4 108.4 3%s 1941-43 108.27 108.28 3U s 1943-45 107.25 107.24 3%S 1941 108.31 108.29 3 ’is 1944-46 107.13 107.13 3 Vis 1946-49 105.21 105.20 3s 1951-55 104.8 104.7 3s 1946-48 104.27 104.27 2 s is 1945-47 103.1 103 2 3 /4S 1951 102 101.29 Home Owners Loan Corp. 2%s 1949 101.19 101.21 3s 1952 ' 102.25 102.25 Federal Farm Mortgage Corp. 3s 1949 102.31 103 3s 1942-47 103.18 103.18 2 3 / 4 s 1949 103.10 102.9 DOMESTIC Prev. , „ „ , Close. close. Alleg Corp 5s ’44 94 Vs 94 Alleg Corp 5s ’4S 88V* 87’/* Am Frgn Pow 5s 2030 75 5 /* 76’/2 Am Tel & T\;l 5%s ’43 112i 113 Am Tel & Tel 5s ’65 112% 112 3 / 4 Arm & Cos (Del.) 4s ’55 98 98 Atl Coast Line 4s ’52 96 5 /g 96% Atl Coast Line 4 Vis ’64 82 Vz 83'/a At.ch Top & S Fe 4'/as ’4B ...111% 111% Am Wat, Wks 5s '44 104 103% Am Rolling Mills 4%s ’45 117 121% Balt & Ohio 6s ’95 96 96% Balt & Ohio 4%s ’6O 72% 73'/2 Buff Roch & Pitt 4Vis ’57 ... 80% 80% Beth Steel 4 Vis ’6O 105% 105 % Chi Milw & St P 5s ’75 21 22% Chi Milw &StP 5s 2000 7’% 7% Cleve Un Term 5s ’73 106% 107 Cleve Un Term 4Vis ’77 101% 101% Col Gas 5s May ’52 103% 103% Col Gas 5s '6l '...163% 163% Can Pac Perp 4s 91% 92 Cent Pac 5s ’6O 98% 98% Big Four 4 ’is ’77 91% 91% Big Four 5s '63 98% 98'% Colorado &So 4Vis ’BO 73% 74% Chi V West Ind 4s ’52 104% 104% £5- £ West Ind sVis ’62 107% 107% Chi & Nor West 4%s '49 ... 12% 12% Con Gas 5s ’57 i O 4 104 Chesa Corp 5s ’47 130% 131% Del & Hutfs 4s ’43 86% 86% n y Dock 4s ’si <59 m EriT E o< £c 5s ’ 3B 687/8 681/2 Erie 5s 75 78 707 Erie 5s ’67 78Vi 78% Gen Cable 5%s ’47 105 105 Grt Northern 7s ’36 106% 101 11 Grt Northern 4%s ’76 101% 101% Hud & Manhat Ref 5s ’57 36% 85% 111 Cent 4%s ’66 7g% 791/* 111 Cent Jt 4Vis ’63 80% 81% 111 Cent 5s ’63 85V* 85% Interlake C&I 5s ’sl 94'% 941% Internt! Hy Elec 6s ’44 38 38% Intrr ll Tel & Tel 4%s ’39 94 95 Intern -.1 Tr' v Te! 5s ’55 84 Vi 85 Interntl Tel &Te tVis, 5? 80% 82 McKess & Rob s’,is ’SO 103% 103% Natl Dairy 5%5, 48 102’% 103% Natl Steel 4s ’65 106 106% Nickel Plate 4%s ’7B. 84 84 Nickel Plate 5%s ’74 94% 94% N. Y. Cent 5s 2013 94 94% N Y Cent 4%s 2013 (old) 87% 88 Nor Amer Cos 5s ’6l 106 105% Nor Pac 3s 3047 87% 81% Nor Pac 4%s 2047 102 102% Nor Pac 6s 2047 . 110% 110% Nor States Potv 5s ’4l 104% 104% New Orleans Term 4s ’55 92 92% Otis Steel 6s ’4l 102 Vi 102% Penn Ry 4%s 'B4 108% 108% Penn Ry 4%s ’Bl 108% 108 Penn Rv 4%s ’7O 102% 102% Pac G & E 5s ’42 103% 103% Portland Gen'El 4%s ’6O 73 72% Para Publix 6s ’55 87 86% Penn P & L 4%s ’Bl 106% 106% Postal Tel & Cab 5s 53 32 % 33% Rem Rand WW sVis ’47 104.12 104.12 Sou Pac 4%s '6B 90% 91 Sou Pac 4%s ’Bl 90’/a 96% Sou Pac 4%s '69 90% 90% Sou Pac 4s '49 90% 90% Sou Rail 4s '56 61% 63 Sou Rail 6s '56 79% 79% Sou Rail 6%s '56 84V* 85 Texas Pac 5s '79 103 103 Texas Pac 5s ’77 103 103 Union Pac 4s ’47 113% 113% United Drug 5s '53 101% 101% U S Rubber 5s '47 107 107% NY NH & Hart 6s '4B 33'/. 33% NY NH & Hart 4%s '67 33 32% Warner Bros 6s '39 96 96% Western Mary 5%s '77 108 108 Western Mary 4s ’52 100 100 Vi Youngstown S & T 5s ’7O 106% 106 s * Youngstown S & T 5s ’7B 105% 105 s * FOREIGN Argentina A 6s ’57 100% 100% Argentine B 6s ’SB 99% 99% Brazil 8s ’4l 32% 32 Canadian Govt 4s ’6O ..107% 107% Denmark 5%s ’55 101 101% French 7s ’49 174% 176% German 5%s ’65 26% 26% German 7s ’49 35% 35 Italy 7s ’sl 72% 72% Japan 6%s ’54 94% 93% Rome 6%s "52 62% 64% Tokyo City 5%s ’6l 75% 74% Yokohama 6s ’6l 79 79 Money and Exchange INDIANAPOLIS STATEMENT Clearings , .$2,763,000 Debits 6,550,000 TREASURY STATEMENT (By United Press) WASHINGTON. April 15. Government expenses and receipts for the current fiscal year to April 13, as compared with a year ago: This Year Last Year Expenses $5,597,965,327 48 *5.275,19). .935.13 Receipts . 3.213,399.660.38 2.995.167 967 89 Deficit .. 2.384.565,667.1.0 2,280.022,967.24 Cash bal. 2.699.221,934.02 2.429.044,352.77 Public debts ..31,454.145.805 88 28.870.747.488.48 Customs . 306 485.827.85 267,797,155.61 FOUNTAIN PENS, PENCILS I Sold and Repaired THE PEN HOSPITAL I 141 E. Washington Thone for Service RI-188S I

RIVER TOWNS GROWING ANEW AFTER FLOODS

Entire Ohio Valley Teems With Activity; Trade Is Stimulated. (Copyright, 1936. by United Press) HUNTINGTON, W. Va., April 15. —The productive Ohio River Valley, winding from the heart of industrial America through hundreds of miles of fertile wheat and tobacco lands into the corn country, is undergoing a reconstruction period without parallel in 23 years. The loss to the rich, thicklypopulated valley from the devastating flood that swept from Pittsburgh to Cairo, 111., late in March is measured in hundreds of millions of dollars. Out of this devastation of nature have come lasting benefits to the Ohio Valley, however. These, generally, are in the form of concerted planning for flood control, rehabilitation of waterfront areas, and organization of public spirited groups to help flood-wrecked communities to “come back.” Valleys Rebuild Quickly Valley towns will “come back” rapidly. There have been at least 21 bad floods of the Ohio since 1883. Usually the valley residents take their losses, rebuild quickly and hope that the next one will be less severe. The 1936 floods have crystalized flood control plans to a greater degree than at any time since 1913. State officials and citizens are cooperating with the Federal government in plans to keep the “beautiful Ohio” in check. The most important preventive measure projected in the brief reconstruction period has been a proposal to construct dams on large tributaries to control the flow of water into the Ohio. One plan calls for construction of 39 such dams. Army Approves 14 Dams Fourteen of the proposed 39 dams have the approval of Army engineers, according to Dr. Charles E. Holzer of Gallipolis, 0., president of the Ohio Valley Conservation and Flood Control Congress. Such a flood control program would require long planning if it should be approved by Congress. Months of surveys and planning, probably costing $1,000,000, would be needed. Roughly, the Ohio Valley water control project would cost from $75,000,000 to $100,000,000. Several river towns also are considering building of flood walls. Twice in the last three years, Portsmouth, 0., has escaped serious flood damage because of its $600,000 concrete wall which will hold back 61 feet of water. Huntington May Build Wall Huntington, a city of 85,000 population, which lost at least $250,000 in the 1936 is considering construction of such a wall, to cost approximately $3,500,000. The city would ask Federal financial aid for the project. So effectively did Portsmouth's three-mile flood wall hold back the river two weeks ago that there was no damage to the city although the water stage would have covered a large portion of the city without the barrier. The cost of repairing and strengthening the wall was only a few hundred dollars. Chicago Stocks (By Atkins, Hamill & Gtaes) 11:30 Prev. . , ... A. M. close. Advance Aluminum 874 8 Asbestos Mfg 4i/ 2 ■ 43^ Associated Investors 34'4 35 Bastian-Blessing 113/. 111/. Berghoff * 11% 11% Butler Brothers 9% 93,,, Cities Service Cord 6% 674 Crane 29% 29% Dayton Rubber 13% 13 Electric Household 1574 15% General Household 7'4 774 Grt Lakes Dredge 31% .. Jarvis Wig 2174 2174 Lincoln Printing 11% 10% Loudon Packing 7*4 7% Perfect Circle 3774 ... Local Securities (By Indianapolis Bond ft Share Corp.) The following quotations do not represent actual bids or offerings, but merely indicate the approximate market level on buying and selling inquiries or recent transactions. BONDS Bid Ask Home T & T Fort Wayne 6%.. 103 105 Home T & T Fort Wayne 6 .. 103 106 Indianapolis Railways Inc ... 65 , 68 Indianapolis Water Cos 4%s ..106 108 Indianapolis Water Cos 5s ..105 107 Indianapolis Water Cos 5s ..105 107 Indianapolis Water Cos 5% .. 104'4 106 Indianapolis Water Cos 5% ..104% 106 Interstate T & T 5% 97 99 Kokomo Water Works 5 ...104 105% Morris 5 & 10 Stores 5 100 103 Muncte Water Works 5 103% Nobltsville Heat Lt Pwr 574 ■ 98 100% Ohio Telephone Serv 6 9774 Richmond Water Works 5 ...105 106% Seymour Water Cos 5 101 104 Terre Haute Trac & Light 5 106 108 Terre Haute Water Wks 102 104 Terre Haute Water Wks 103 105 Traction Terminal Cos 5 75 78 STOCKS Belt R R & Stock Yards Com 53 55% Belt R R & Stock Yard pfd 6 52 Central Ind Pwr pfd 7 .21 24 Home TANARUS& T Fort Wayne 7.. 5274 54% Hook Drugs Inc com 17 18% Ind & Mich Elec Cos pfd 7 ... 10374 1 06% Ind General Service Cos 6 ... 97 99'4 Ind Hydro Elec Cos 7 57 60 Indianapolis Gas Cos com 6 . 34 37 Indpls Pwr ft Lt Cos pfd 6 . 8974 92% Indpls Pow & Lt Cos pfd 674 93 96 Indlps Water Cos pfd 5 .. . . 102 105 Nortn Ind Pub Serv pfd 5%s 62% 67 North Ind Pub Serv pfd %.. 72 75 North Ind Pub Serv pfd 7... 80 83 Progress Laundry Cos com ... 10 1174 Pub Serv Cos of Ind pfd 6 ... 24 27 Pub Serv Cos of Ind pfd 7 .. 43 46 South Ind Gas & Elec pfd 6.. 99% 10274 Terre Haute Electric Cos 89 91% Union Title Cos com 19% 21%

—WE BUY. SELL. and gladly furnish quotations on: Bonds of th* United States Government, Its Territories and Insular Possessions Home Owners' Loan and Land Bank Bonds Indiana Municipal and Corporate Securities General Market Securities Indianapolis Bond and Share Corp* 129 EAST MARKET STREET

, „ -z-. "H r— —r— l jAj! t 444i j -J \ ”*•****' i A I Wjsttrn 1 Southfrti u \ V s *—! A 'MV-* I v A / U s .j, / \ 1 X NortSrn & Ut*rn a 4 V :: v^ ! 1 \ ( f \Mt field | s ...... v. \li \>; ! , | j \ I 111 V* Prime Commercial Psseif \\j|’ (4 '6 month*) 1 1? 1 —H —~ * Customers' fates Yield on US Bill* / ViXiV Sceil Loer* ' fllu'l.-cc! ' >"■ 1929 1930 1931 1932 1933 1934 *935 1936

PORKERS SHOW UNEVENTREND Weights Upward From 160 Pounds Off 5 Cents; Others Steady. Despite a sharp decrease in shipments, the pork market was generally 5 cents lower on weights ranging upward from 160 pounds today at the Indianapolis Union Stockyards. Other classes, including light offerings and packing sows, continued unchanged. Os the total number of receipts, which were estimated at 3500, approximately 222 were holdovers from the preceding session, indicating a slightly weaker demand. This compares with a total supply of 5000 each in the two preceding sessions this week. The top price moved down to $11.05. The general bulk of 160 to 225 pounds cashed in at $10.90 to sll. Medium classes, ranging from 225 to 250 pounds, brought $10.70 to SIO.BO. Extreme heavies, from 300 pounds and upward, were salable at $lO to $10.25. Lightweights, from 130 to 160 pounds, sold at $10.25 to $10.75. Packing sows held at $9.25 to $9.85. Initial trading was slow in the cattle market, especially on slaughter classes which were weak to largely 25 cents lower than yesterday. Cows also were under pressure. The bulk of steers ranged from $7.50 to $8.50. Best kinds held above $9.75. Most heifers brought SB. Receipts were 1300. The veal market remained unchanged. The bulk of good and choice kinds sold at $9 to $9.50. Receipts were 600. With only a few odds and ends salable, the lamb market was scarce and mostly steady. Few native wooled skins brought $10.50. Spring lambs were absent. Good clipped lambs sold at $9.25. Receipts numbered 200. HOGS April. Bulk. Top. Receipts. 9. [email protected] sll.lO 3500 10. [email protected] 11.15 4500 11. 11.00©11.10 11.15 1000 13. [email protected] 11.10 5000 14. 10.95(3111.05 11.10 5000 15. [email protected] 11.05 3500 Light Lights (140-160) Good and choice.. $10.25® 10.90 Medium 9.65(?i> 10.25 (160-180) Good and choice.. [email protected] Medium 10.45® 10.90 1180-200) Good and choice . 10.90<3 11.05 Medium 10.60(310.90 1200-220) Good and choice . [email protected] 1220-2501 Good and choice.. 10.70(3:10.90 Hea vvweiehts. (250-290) Good and choice . [email protected] (290-3501 Good and choice . 10.lO®. 10.40 Packing Sows. (275-3501 Good 9.60@ 9.85 (350-4251 Good 9.35@ 9.75 (425-450) Good 9.10® 9.50 (275-350) Medium 8.85® 9.60 Slaughter Pigs. 1100-140) Good and choice.. [email protected] Mediunr 8.50® 9.75 CATTLE —Receipts, 1300— (550-900) Choice $ [email protected] Good 7.50® 9.75 Medium 7.25@ 8.25 Common 5.75® 7.25 (900-1100) Choice 9.75@ 10.50 Good 8.25® 10.00 Medium 7.25@ 8.50 Common 6.25@ 7.25 (1100-1300) Choice [email protected] Good 8.50® 10.00 Meduim 7.25® 8.50 (1300-1500) Choice [email protected] Good [email protected] Heifers. (500-750) Choice B.oo® 9.00 Good 7.25® 8.25 Common and medium 8.75® 7.25 (150-190) Good and choice .... 7.25® 8.75 Common and medium 5.50® 7.25 Cows Good 6.25® 6.75 Common and medium 5.25® 6.25 Low cutter and cutter 4.00® 5.25 Bulls, good 6.25® 6.75 Cutter, com and med bulls 5.75@ 6.50 VEALERS —Receipts, 600— Good and choice $ 8.50® 9.50 Medium 7.00® 8.50 Cull and common 5.00® 7.50 Calves. (250-500) Good and choice 6.00® 9.00 Common and medium 4.50® 6.25 Feed and Stocker Cattle (500-800) Good and choice 7.00® 8.25 Common and medium 7.50® 8.25 (800-1050 > Good and choice 7.25® 8.75 Common and medium 5.50® 7.25 Cows Good 4.75® 5.25 Common and medium 4.53® 4.75 SHEEP AND LAMBS —Receipts, 200— Lambs, 90 lbs. down; good and choice sll.oo® 11.40 Good 10.35® 11.00 Medium 10.00® 10.40 Common [email protected] Fwes. (90-170) Good and choice .. 4.50® 5.60 Common and medium .. 3.50® 4.75 t Yearling wethers, good, choice 9.50(7 10.00 : Medium . 8.50® 9.50 FIRST QUARTER SALES UP Timex Special NEW YORK, April 15.—The certificate of incorporation of the Eisler Electric Corp. was amended at a recent stockholders’ meeting, changing the 400,000 shares of common capital stock from no par value to a par value of $1 a share. Sales of the firm in the first quarter increased 20 per cent.

Wine Imports Duties Dip Imports of distilled liquors and wines in February resulted in $2,787,620 collected in duties, compared with $3,627,506 in January and $2,013,728 in February, 1935.

New Bond Issues (By W. L. Lyons & Cos.) Bid. Ask. Asso Tel 4s '65 104% 105 Atlanta Gas Lite 4%s '55 ....100 7 * 101% B & O 4%s '39 99% 99% Blackstone Val G & E 4s '65 1 08% 103% Boston & Albany 4%s '43 .103 103% Carriers & Gen 5s 'SO 105% Cent Maine 4s '6O 102% 102% Cent Ills 3%s '66 105% 105% Chicago Un Sta 3%s ’63 105% 105% Cleve Elec 111 3%s '65 110 C!*cve Tractor 5s '45 ilo6 Columbus Rwv P & Y 4s '65 105% 105% Canadian Govt 3%s '6l .100 100% Conn River P & L 3%s '61... 104% 104% Consolidated Ed 2%s '46 102% 102% Consolidated Ed 3%s '56 100% 100% Consumers Pow 3%s '7O 103% 103% Cont Steel 4s '46 102 Cudahy Pkg 3%s ’55 101% 102% Cudahy Pkg 4s 'SO 103% 104% Dayton P & L 3%s '6O 106 Duquesne Lite 3%s '65 106% 106% Eastern Gas & Fuel 4s '56 ... 96% 96% Bdison Ilium Bost 3%s '65 ...105% 106 lowa South Util 5%s 'SO 102 103 Jones & Laughlin 4'/*s '6l 97% 98% Kansas P & L 4%s '65 108'/* 108% Keystone W & S 4s '45 100 Loews 3%s ’46 96V* 96% Los Angeles G & E 4s ’7O 105% 105% L & N 4s 2003 101'* 101% Maine Cent 4s ’45 99% 100% Metro Ed 4s ’65 99% 100% Monon W P 4'is '6O 107 N Y Edison 3' 4 s ’6O 101% 104% N Y Cent 3%s ’46 98 98% Norway 4%s ’56 100 100% Norway 4Vis ’65 97% Ohio Edison 4s '66 104% 105 Pacific Lite 4%s '45 105% 106 Pacific G & E 3%s ’6l 103% 103% Penn R R 3%s ’7O 100% 100% Penn Tel 4s ’65 105 106 Pub Serv N H 3%s '6O 104% 105'* Pub Serv Okia 4s '66 102'% 102% Railway & Lite 4%s ’55 110 111 Reverse Copper 4%s ’56 104% 104% San Diego G & E 4s ’65 108 108% Sharon Steel 4%s ’57 108% 108% So Cal Gas 4s '65 104% 104% So Cal Ed 4s ’6O 107V* 108% So Cal Ed 3%s ’45 104% 105 So Western G & B 4s ’6O .102% 102% A E Staley 4s '46 103% 104% Union Pac 3%s ’7l 99 99% Virginia Rwy 3%s ’66 102% 103'* West Penn Pow 3%s ’63 105% 106'/*

CONDITION OF LAMBS LOWER THAN IN 1935 Weather, Feed Situation Reported Unfavorable During March. Weather and feed conditions were unfavorable during March for the development of early lambs in most areas and the condition of lambs this month is considerably lower than a year ago, C. C. Green, local Federal government representative, said today. With green feed short or lacking in most areas, soil moisure conditions this month are generally favorable and seasonally warm weather during the latter part of April would spring good range and pasture feed. Unusually favorable conditions in April and May, however, can hardly offset the earlier setback to the lambs in most areas. BUSINESS PREMIUMS UP Gain of 19 Per Cent Reported by Lincoln National Life Cos. Times Special FORT WAYNE, Ind., April 15. A gain of 19 per cent in premiums on new business written by the Lincoln National Life Insurance Cos. for the first quarter of 1935 was reported here today by Arthur F. Hall, president. The quarterly increase in first year premium income considered only money paid in on life insurance policies, no annuity deposits whatsoever being icluded, according to Mr. Hall. Other Livestock (By United Press) CHICAGO, April 15.—Hogs—Receipts, in.ooo including 3500 directs: fairly active on weights above 100 lbs.. 10 cents higher than Tuesday's average: lighter weights steady: top. $10.95; bulk 180-250-lb.. $10.75® 10.90: 160-180 lbs., $10.50® 10.80: 140-160 lbs.. $10.35® 10.65 : 250-350 lbs.. $10.45® 10.85; cows. $9.50®9.75. Cattle receipts, 9000; calves. 1500; fed steers and yearlings slow; few early sales 25c lower; entirely to list; kinds value to sell recently at $9 downward under pressure’ such kinds much more liberal supply; very few strictly choice offerings here: top. $10.85 paid for yearlings: few loads s9® 10; best heifers $8.65; heifers steady to 2a lower: cows steady to easy; vealers 25 to 50c lower at $9 down. Sheep—Receipts, 7000; old crop lambs. 15 to 25c lower; fairly active at decline to local interests; shipping demand narrow; bulk choice wooled skins, sll® 11.25; best held higher; quality less desirable than Tuesday: clippers. $9®9.25: springers absent’ ether killing classes steady; choice wooled yearlings $9.75; best wooled ewes. $6. LAFAYETTE. Ind.. April 13.—Hog market, steady; 170-210 lbs.. [email protected]: 210325 lbs.. $10.70@!0.80; 235-260 lbs., $lO 50® 10.60; 260-325 lbs., $10.15 a 10.40: 140-170 lbs., $10.25® 10.50; 100-140 lbs.. $9.50® 10; roughs $9.50 down; calves, $3.50 down; lambs, $1 down. (Times Special) April 15.—Cattle—Receipts. 350, including 117 billed direct; salable supply slaughter cattle very light; demand dependable; market, quotable generally steady on all slaughter classes; bulk, common to medium grade slaughter steers and heifers. $6.50® i.50; very little available of quality to sell above $8 but best fed steers quotable upwards of $8.50; bulk beet cows. ss® 5.75; practical top $6; smooth heifer type cows ouotable higher: low cutters and cutters, generally $3.50 @4.75; saus.'.ge bulls, scarce considered salable, mostly $5.50®6.50; bulk light beef type Stockers and stock calves of Quality to sell from $6.50® 8. Calves—Receipts. 300: market, generally steady; bulk good to choice grades. $7.50® 8.50; medium and lower grades. $7 down. Hogs—Receipts. 800; market, steady; top and bulk better 160-225 lbs., $10.75 : 230-250 lbs.. $10.45: 255-300 lbs., $9.90; 305 lbs. up. $3.45: 120155 lbs.. $9.90; sows. $8.55: stags mostly \ $6.50 down. Sheep— Receipts, 50; market, j quotable steady; better native wooled lambs, salable mostly $8.50® 9: plainer grades largely s6® 7.50; fat wooled ewes \ mostly $4.50 down.

SHOW Opens Thursday Night 8 O’clock last chance Today ifumj [ln To Buy Regular 40c Home Show Tickets For 25c 4 At Hook Drug Store* • V>, ", X * G f - -X or from any Garden Club ' member.

HAGOOD TAKES POSITION WITH SEARSJOEBUCK General Accepts Temporary Post With Mail Order House. By United Press CHICAGO. April 15.—Maj. Gen. Johnson Hagood, reinstated to command after summary dismissal for outspoken criticism of the New Deal, announced today he had accepted a temporary post as an “efficiency engineer” for Sears. Roebuck & Cos. He said, however, his announcement did not mean his retirement from the Army and that he would occupy the Sears position only until May 2. “I will report at that time to take over command of the Sixth Corps (Chicago) area,” he said. Gen. Hagood. who accused the New Deal" of “using stage money” and was relieved of his command of the Eighth Corps Area at San Antonio two months ago, arrived in Chicago last night and said he already had taken over some of his duties for the mail order house. He is still on leave of absence, he explained, a statement which he issued said: In Engineering Capacity “I understand that Sears, Roebuck & Cos. have given it out to the press that I have been employed by them to do some consulting work of a temporary nature. I have nothing to say about this other than that this work is not direcly or indirectly in the remotest manner connected with the Army. “Gen. Wood (Brig. R. E. Wood, president of Sears, Roebuck, and I were associated in the organization and operation of the Service of Supply during the World War. The problems which he worked on together are similar in many respects to those which confront every big business organization in time of peace. “Gen. Wood has asked me to come with him for a.short time, you might say in the capacity of an efficiency engineer, and look into some of those problems.” BUSINESS FAILURES DIP Decrease of 2.7 Per Cent Shown for Week Ended April 9. Times Special NEW YORK, April 15.—Business failures in the United States for the week ended April 9 amounted to 215. compared with 221 in the preceding week, a decrease of 2.7 per cent, Dun & Bradstreet, Inc., announced today. Failures with liabilities of SSOOO and over, in each instance, numbered 115, and showed a decline of 6.5 per cent from the 123 reported for the previous week, and was 19.6 per cent under 143 such defaults a year ago. Failures in the Dominion of Canada numbered 27, against 26 in the previous week. BUSINESS UPTURN SEEN Furniture Dealers Report Steady Gains Since First of Year. Times Special CHICAGO, April 15. —Although the exceptionally brisk business done in apparel and accessories fields, inspired by heavy Easter buying, has held retailers’ attention in recent weeks, furniture and home furnishings distributors in the Middle West report their business, too, has shown steady gains since the first of the year and predict a strong late spring demand. Reports from several large furniture manufacturers in the Merchandise Mart indicate that the widespread movement in refurnishing and redecorating of hotels and apartments this spring is providing one of the healthiest spurs to production the industry has known in several years. CHICAGO GRAIN FUTURES (By James E. Etennett & Cos.) 9:00 Prev. Wheat— High. Low. A M. Close. May 97% .96% .97 .96% July 89 7 * .89 .89% .87'* Sept 87% .87% .87% ,87V* Corn— May 60% .60% .60% .60% July 60% .60% .60% .60% Sept 59% .59% .59% .59% Oats— May 26% .26% .26% .26% July 27 .26% .27 .26% Sept 27% .27% .27% ,27V* RyeMay 52% .52% .52% .52% July 53 .53 .53 .53V* Bargain Week-End Trips Each Week-End CHICAGO $5.50 Leave on any train 10:20 a. m. Friday to 1:55 a. m. Monday. Kef.trn limit Monday. Reduced round trip Pullman fares. • Next Saturday CLEVELAND $4.50 Leave 10:00 p. m. Return on any train until 2:50 a. m. Monday. Coach service. DETROIT $4.50 TOLEDO 4.00 SANDUSKY 4.00 Leave 10:00 p. m. Returning reach Indianapolis not later than Monday morning following. Coach service. Pay a visit to the Henry Ford exhibit at historic Greenfield village in Dearborn, near Detroit. BIG FOUR ROUTE