Indianapolis Times, Volume 48, Number 35, Indianapolis, Marion County, 21 April 1936 — Page 15

Trends Students to Strike Against War Tomorrow. BY JOHN T. FLYNN

NEW YORK, April 21.—Students In American colleges are going to stage a strike against war tomorrow. The precise character of this movement is little understood. In American colleges, students have become more and more concerned

about the grave social and economic problems of this generation. The weight of the depression has fallen heavily upon them. And the more thoughtful among them see clearly that this generation is not dealing with any of its problems—is merely patching them here and there and that these problems in a more aggravated form will be

Flynn

handed on to them. Also there is, in the minds of many students, a feeling of irritation at what is called “trustee domination” of education. This phrase is used to describe ihe influence which is exercised over educational policies, particularly in the field of economics, by the great propertied interests of the country. tt a u THE trustees are invariably men of wealth and representatives of large business, and students feel that they jealously keep out of the colleges any realistic and frank discussion of the great problems of the day in the field of economics. This is not true of all colleges, but It is certainly true of many. Because of these two facts students have organized what is called the American Students Union. It is a national organization but it hopes to establish chapters in all colleges. It has a highly idealistic program for peace and against war, for academic freedom, for economic security for students, for checking race discrimination in colleges. In many colleges the organization Is opposed because trustees and faculties believe it is dominnated by what are called “reds” and Communists. There are large numbers of radical students in the organization, but it aims to Include all students interested in its aims whether radical or not and, in many colleges, includes great numbers of such students. tt u tt IN great universities like Harvard, no opposition is made to the organization. But in others, where trustees feel they must control the students’ thinking, it is opposed. It is this organization which is sponsoring a strike of students against war tomorrow. The strike is not a strike against the colleges or schools, but against war. This opposition takes several forms. The students oppose war preparations in America. They are opposed to military training in the colleges—against ROTC units. They favor the Oxford oath. This last is a point of greatest irritation. Under it students swear that they will not support the United States in any war “which it undertakes.” By this is meant a war w'hich this country, in fact, “undertakes” —a war w’hich it wages against some other country for some purpose of its own. All members of the union are not required to take this oath, but they are urged to do so. It is this organization with thus background which is to urge all students to leave their classes for one hour to strike against war. (Copyright, 1936, NEA Service, Inc.) On Commission Row (Quotation below subject to chance are average wholesale prices being offered to buyers by local commission dealers.) FRUlT—Strawberries: Louisiana, 24-pt. crate. $3,25; Alabama, 24-qt. crate, $5. Limes- Mexican, carton, 20c. Bananas, seven hands, pound, sc. Apples—Delicious i fancy baskets), $2 15; Rome Beautv. $1.35. emons--Sunkist <3oos), 6$ 23. Grapefruit Red Ball <36051. $5.75. Pineapples—(24s) crate, $5.35. Grapes-S. America. 20-lb. box, $3; Honey Dews, S. America, $3.50. VEGETABLES—Beans. green round strtngless (hampers). 33 25. Beets—Texas <3 dor. crate), $1.65; cut offs <bu.), sl. Cabbage—New Texas (crate), $2.85; half crate, $1.50 Carrots—California (6-doz. crate), $3: Texas ( doz., crate), 60c. Cauliflower. California (12s crate), $1.90. Celery —Florida washed and trimmed (doz), 45)fi) 85c; Florida (4s, Bs. 10s crate). $3.25. C'ucumberHHothouse idoz), $1.35 (two doz., boxi. $2.50. Egg plant—Florida (dozl, $1 75. Kale —(Virginia bushel), 85c. Lettuce—lceberg, Arizona (best 6s, ss). $4.25; home grown leaf 1 15-lb. basket). $1.25. i:ndive —California (doz.). 75c. Peppers— Mangoes (crate), $3.50; peck basket. 90c; do*., 30c. Mint—Hothouse (doz.), 60c. Mush-rooms—Pound. 30c. Mustard—Texas, half crate. $1.40. Onions—lndiana yellow 1 50-lb. bag). 65c; new Texas Bermuda vellow. 50-lb. bag, $1.40. Parsley Southern (long bunches, doz ), 35c. Parsnips—Homegrown washed, bushel. $1; half-bushel, 60c. Peas—Florida, hamper. $3.25. Potatoes— Michigan Round Whites, 100-lb. bag. $1 90; Maine Green Mountains. 100-lb. bag, $2.50; R. R Earlv Ohio. 100-lb. bag. $2; R. R. Triumph. 100-lb. bag, $2.10: Idaho Russets, 100-lb. bag, $2.65- Idaho Bakers, 70s box. $2 50; New Florida Triumphs. 50-lb. bag, $2.25. Sweet potatoes—Tennessee Nancv Halls, hampers. $1.50. Radishes Home grown buttons, doz.. 650 75c; white. 500 60c. Rhubarb—Hothouse, bunch, 60c. Rutabagas—Northern 50-lb. bag. $1.25. Sage —Dot.. 45c. Shellots—Louisiana, doz.. 35c. Turnips—New, bulk Texas, bu„ $1.25. Tomatoes—Repacked, 10-lb. box. $1.35; Florida, orig. t6-6i. lug. $3 50. Produce Markets The prices quoted are paid lor stock gathered in the country, while delivered in Indianapolis the price is a cent higher. Heavy breed hens, 18c; Leghorn breed hena. 15c; old cocks, 12c. Ducks, white, 5 lb*, and over, 11c; geese, full feathered, all sizes, 8c; a’’ guineas 1% lbs. and up No. 1 strictly fresh eggs loss off. 17c: delivered tn Indianapolis, 18c Each full case must weigh 55 lbs. gross; a deduction of 10 cents a pound under 55 lbs. will be made. No. 1 butter. 33#34c; No. 2. 30ti31c. Butterfat. 27c. (By United Press) CHICAGO. April 21.-Eggs-Market, ateady; receipts, 30.185 cases; fresh graded firsts. 20c: extra firsts. 21c; current receipts. I9Uc: dirties. 18%c: checks. 18c. Butter—Market easy; receipts, 10 439 tubs; extras (92 score). 29c; extra firsts (9091 1 2 score). 28%38 3 *c; firsts (88-89 1 a score). 28%e; specials 29%&30c: standards. 29c. Poultry—Market steady; receipts. IS trucks; ducks, 14<20c: geese. 14cspring chickens. 27028%c; hens. 18i23%c turkeys. 18022 c: capons, 25028 c; Leghorns. 15021 c; fryers, 26Ci27%c. Cheese —Twins. 14)4vr 14> v c: Daisies. 14%015e; Longhorns, 14%@15c. Potatoes—Supply moderate; demand slow; market strong: Idaho Ruaaet Burbanks. $2.1502.30; Wisconsin round whites. SISOO 1.55; Colorado McClure*. $2.35: North Dakota Early Ohio*. 51 66® 175. Arrival*. 77; on track. 255; shipments. <2O. Rush Jobs Make Us Smile Hendren Printing Company, Inc. 470 CENTURY BLDG. RI-8533.

STEEL PRODUCED AT DAILY OUTGO OF 1511000 TONS Current Operations Exceed Industry’s Six-Year Average. BY LEONARD ROGERS Times Special Writer NEW YORK, April 21.—Steel ingot production, rising steadily since last autumn, at the beginning of this week had reached a daily rate of more than 150,000 tons, an output well above average for the industry In the boom period 1922 to 1928, inclusive. Mill operations of various corporations and in districts widely scattered geographically ranged from a low of 55 per cent of rated capacity at plants engaged exclusively in ‘heavy” products sue* as plates, rails and structural shapes, to 80 per cent in the tin plate division and 100 per cent in a few sheet mills in the Detroit area having intimate connections with the automotive industry. The average of the whole industry was reported by the American Iron and Steel Institute at 67.9 per cent of capacity. Trade observers said the rate had been stepped up to “better than 70 per cent” in the last few days. Output Near Peak Rate Rated capacity of the industry Is published officially at 61,280,509 gross tons of open hearth ingots, plus 7,195,000 gross tons of Bessemer ingots. Production at 70 per cent of capacity continued for a year would turn out approximately 46,000,000 gross tons. Such an annual production has been equaled only twice in the history of American steel making—in 1928 and 1929. Six months ago it was widely predicted that steel production would increase sharply during the winter, but a lull in demand and a falling off in mill operations in the late spring and summer was foreseen. That the first part of the prediction was in the right line has been amply proved, but now, with the first two weeks of the second quarter ended, the spring and summer lull seems unlikely. The steel industry appears definitely to be well up the side of a “peak,” which some now are predicting may break all-time records. Earnings of the leading companies, small in 1935 and non-existent in earlier years of the depression, seem destined to reach into high figures for the second quarter. Better Reports Seen First quarter reports have been issued so far by but one of the major production uni!s Youngstown Sheet and Tube Cos. This unit, fifth largest in the industry, reported profits of approximately sl,800,000, against a deficit of $590,000 in the first quarter of the previous year. This improvement was shown with automotive industry buying low in the period and such orders as were placed going on the books at “concession” prices. Shipments of some of the other companies were hampered by the March flood, but all or nearly all probably will issue reports showing high gains over the comparable report of 1935 and exceeding, in most instances, good last quarter reports. The record all-time daily steel production rate was established at 196,118 tons in June, 1929. That outturn represented a full 100 per cent of rated plant capacity. Since then ingot capacity of the industry has been increased approximately 7,500,000 tons. Operations at 100 per cent today would mean an outturn of 218,000 gross tons daily. Chicago Stocks (By Atkins. Hamill Sc Gates) 11:30 Prev. A. M. close. J. D. Adams 17 Advance Aluminum 8 8 Asbestos Mfg 4% 4'/a Associated Investors 33 33 Butler Brothers 8% 9 Chicago Yellow Cab 29% 31 1 a Cities Service . 5 5% Continental Steel 38% 39 Cord 6 6*4 Crane 26% 29 Electric Household 15% 15 3 S General Household 7% 7*2 Godchatix Sugar (A) 35*4 36 Jarvis Mfg 21% 21 % Ken-Rad T A- L 10% 10>* Libbv McNeil & Libby B>* 8% Lincoln Printing 11 IP* Lion Oil Refining 12*4 12*2 McC'ord Rad (A) 41 40 Nat Gypsum . 55*4 57*4 Northwest Engineering 23% 23% Williams Oil-O-Matic 12 Vortex Cup 19 19 Zenith 16% 16% New York Curb (By Atkins, Hamill Sc Gates) 12:30 P.M. Prev. N.Y. close. Aluminum Cos of America.... 130 130 Ant Cyanamld ”B’’ 34% 35*4 Am Gas & Electric 37*a 36% Am General 9% 9% Am Superpower 2% 2’* Ark Natural Gas “A” 6% 6% Atlas Corp 13*4 13'a Canadian Indust Alco ‘A’ 8* 8 5 a Carrier Corp 9 9*2 Creole Petroleum Corp 28 27‘a Crocker-Wheeler 10 10% Elec Bond Sc Share 20% 20'i Fisk Rubber ... 6% 6*2 Ford Mot Canada ‘A* 23% 23' 2 Glen Alden (1) 14 14 Gulf Oil Corp of Penn 87*4 87 Humbie Oil A Refining C 0... 66 65 Hvgrade Food 5*4 5 1 a Int Vitamin B'* B‘a Imperial Oil of Canada 22’* 22’* Irving Air Chute 22’a 22’* Lake Shore Mines 53% 53 Molybdenum Corp of Amer... 9% 9% Mueller Brass Cos 27% 27’* Natl Bellas Hess Inc 2’a L% Niagara Hudson Pwr 9% 9’ 2 Pan-American Airways 57% 58’2 Pennroad Corp. 4’ 4*4 Root Petroleum 15 s * 15’2 St Regis Paper Cos 4 3% Segal Lock 2% 2 7 a Sonotone 3 2 7 a Standard Oil of Ohio 32 32 Stutz Motor Car of Am 3% 3% Technicolor. Inc 29*2 29% Tubize Chatillon Corp 6% 7 Wayne Pump 293* 29*4

ATKINS, HAMILL & GATES MEMBERS New York Stock Exchange New York Curb Associate Chicago Stock Exchange Chicago Board of TrsJc 204 Electric Bldg. Rl lev 7521

Abreast of The Times o.n Finance

New York Stock Exchange Prices

(By Thomson Sc McKinnon) 11:15 a m. Prev. Oils— High. Low. N. Y. close. Ati Rfg 31% 31 '2 31 3 * 31 '2 Barnadall 17% 17 3 17% 17 7 Consol Oil 13 12 7 * 13 13',* Cont of Del 333332 3 33 33}* Mid Cont Pet.... 20% 20’,* 20‘i 21 Ohio Oil 14'a 14% 14*/* 14% Pet Corp 15’ 2 15*a 15 15% Phillips Pete.... 45% 45’,a 45% 46 Plymouth Oil ... 15',* 15V* 15V* 15*/* Pure OU 21 21 21 20% Shell Un 1744 17(4 1744 17'* Skelley Oil 27 27 27 27>,a 80c Vac 14'* 14V4 14'4 14V, SO Os Cal 40 '2 40 40‘. 2 41 S Oof Ind 36% 36% 36% 36*/* S O of N J 63 62*2 63 62’* Texas Corp .... 36% 36 3 a 36% 364a Tidewater Assn.. 17% IV/2 17% 17% Steels— Acme Steel 67'i 67% 67% 67% Am Roll Mills 29'* 29% 29 3 ,* 23% Beth Steel 57% 56 3 ,* 57% 57V* Bvers AM 20 V* 20 20 V* 20 C.'ruc Steel 35 35 35 35V4 Ludlum steel .. 26'* 26 26Vi 26 Otis Steel 15 7 * -15% 15% 15'i Rep Iron & Steel 27 22% 22 3 * 22V* Rep Iron & Stl p 90’i 90',* 90',2 88V2 U S Pipe Sc Fdy.. 34 3 a 33 '2 34% 34 U S Steel 67% 67*/* 67% 67*/g U S Steel pfd ..129 7 * 129 % 129% 130 Warren Bros .. BV* 8% BV* 8 3 /* Youngs’n SSc T 57% 57 57% 56V* Motors— Auburn 40'i 40'i 40*i 41 Vi Chrysler 97V* 95 3 ,* 97V* 96'/g Gen Motors .... 66% 65% 66% 66% Graham Mot ... 2% 2% 2% 2% Hudson 17 16V2 17 17V* Mack Truck 32 3 / 32% 32% 32% Nash 19 V* 19 19 V* 19 V* Packard 10% 10Vi 10% 10'* Reo 6% 6V4 6 V* 6% Studebaker 12% 12% 12% 12Vi Yellow Truck ... 19'/g 18% 19 18V* Motor Access— Bendix 2944 29% 29% 29 Bohn Alum 50 50 50 49 7 /g Borg Warner ... 72Vi 71% 72V* 71 Vi Briggs 51% 50% 50 Vi 51 Budd Mfg 14V* 13% 14*/* 13Vi Budd Wheel 10*4 10Vs 10V* 10% Eaton Mfg 33 V* 32% 33V* 33'% Blec Auto Lite. 37'/* 36% 37% 37 Greyhound “B”. 58 58 58 5844 Houdaille 24% 24V* 24% 24V* Murray Body ... 17V* 17% 17% 17% Stew Warner 22'/* 2144 22% 22 Timken Roll ... 62 61'/* 62 61*/g Timken Det Axle 15 14% 15 15 Vi Mining— Am Metals 31 30% 31 30% Am Smelt 76Vi 76% 76Vi 75% Anaconda 36% 36% 36% 37*/s Cal & Hecla ... 11% 11% 11% 11% Ccrro De Pasco. 55 55 55 54% Dome Mines 47% 46% 47% 46% Granby 17% *7% 17% 17% Howe Sound 51'/* 51 % 51% 51V* Ins Copper 11% 11% 11% 11% Int Nickel 47% 47*,2 47% 47% Kennecott Cop.. 39% 39 39V* 39V* Park Utah 4% 4% 4% 4% Phelps Dodge .. 36% 35% 36 34% St Joe Lead 25% 25% 25% 25% U S Smelters ... 89 88 89 88 Vanadium 21% 21% 21% 21% Amusements— Crosley Radio .. 23 22% 23 22% Fox Theat 26 25% 25% 26% Loews Inc 43 % 43*4 43 V* 43 % Radio Corp 11% 11% 11% 11% Paramount 7% 7% 7% 7% RKO 6 5% 6 6 Warner Bros ... 10 9% 9% 9% Tobaccos— Am Tobacco “B” 91'/* 91V* 91% 91% Lig Sc Mvers ‘B’ 103 103 103 104 Phillip Morris 82 82 82 82'/ Reynolds Tob ‘B’ 52 51% 52 51% Rails— Atchison 77% 76% 77'/* 77 Atl Coast Lines.. 27 27 27 27 B & O 19% 19% 19% 19% Can Pacific 12% % % 12% Ch Sc Ohio 57 56% 57 57 Chi Sc Grw IV* IVi 1% 1% Chi &Gt W pfd. 5% s>, 5% 5% CM&StP 2 2 2 2 C M Sc St P pfd. 3% 3% 3% 3% Chi N W 3% 3% 3% 3% Chi N W pfd ... B'/* R% 8% 8% Dels & Hud 4 43'/* 44 43'/* Del Lac Sc W ... 17% 17 17% 18 Gt North pfd.. 36V* 35% 36 36% 111 Central 22% 22% 22% 22% K C Sou 21% 20% 21% 21 Lehigh Valley .. 10% 10% 10% 10% Lnu & Wash ... 71% 71 % 71*4 75% M K Sc T 8% BVi 8 % BVi MKSc T pfd .. 22% 22% 22% 21% N Y Cent . . . 37% 36% 37% 36% N Y Ont Sc West 5% 5% 5Vi 5% Nor Pacific .... 30% 30% 30% 30% Penn R R 32% 32 32*4 32 Sou Fac 34 33 33% 32% Sou R R 16 15% 16 15% Union Pac 128 128 128 217*4 W Maryland ... 9% 9% 9% 9% Equipments— Ami Brk Shoe. 46 46 46 46*4 Am Car & Fdy 35 34% 35 35 Am Loco 25% 25% 25% 26% Am Steel Fdv .. 3% 3% 3% 3% Gen Am Tk Car 45% 45% 45% 45% Gen Elec 38% 38% 38% 38% Gen R R Sig .... 39% 39*4 39% 39'/* Pullman Inc .... 43% 42% 43% 43 West Air Br ... 40% 40% 40Vi 40% Westingh Elec .116 115 116 115 Utilities— Am & For Pwr . 7% 7% 7% 7% Am Pwr Sc Lit. 11% 10% 11% 10% AT&T 164 163 164 162% Am Wat Wks .. 22% 22% 22% 22 Col Gas & Elec .19 18% 18% 18% Comm & Sou ... 2% 2% 2% 2% Consol Gas 32% 31% 32% 31% Elec Pwr & Lit.. 14% 13% 14% 13% Int Hydro Elec.. 33 3 3 Int TANARUS& T. .... 14% 14% 14% 14% Nat Pwr & Lit.. 10% 10% 10% 10% North Amer .... 26% 26% 26% 26% Pac G & E 37 37 37 37% Peoples Gas .... 42% 42% 42% 42% Pub Serv N J ... 40'* 4040 40% So Cal Edison.. 26'i 26'i 26% 26% Std Gas 6'i 6% 6% 6% Stone & Webster 18% 17% 18% 17% United Corp ... 6% 6% 6% 6'/* Un Gas Imp 15% 15% 15% 15% Ut Pwr &Lt (A) 5 5 5 5 Western Union.. 84Vi 83% 84% 84% Rubbers— Firestone 29 28% 29 28% Goodrich 21 20% 21 20% Goodyear 29% 28% 29% 28% U S Rubber 31V* 30% 31V* 30% U S Rubber pfd 74% 73% 74Vi 73% Miscellaneous— Allis Chalmers.. 45% 45% 45% 45% Amer Can 122 122 122 122 Anchor Cap 20% 20 % 20% 20% Brkl.vn Man Tr.. 48% 48% 48% 48V* Burroughs Add.. 26% 26% 26V* 26% J I Case 161 159% 161 159% Conti Can 78% 78% 7R% 78'-, Caterpillar Tract 75 74% 75 75% Crown Cork 57 57 57 55 Curtis Pub 20% 20% 20% 21% Deere &Cos 78% 78% 78% 78% Gillette 16% 16% 16% 16% Glidden 51% 51% 51% 50% Inter Harv 82% 81% 82% 80% New Bond Issues (By W. L. Lyons & Cos.) Bid. Ask. Asso Tel 4s ’65 104% 105'/* Atlanta Gas Lite 4%s ’55 100 101 B& O ’39 98% 99'/* Blackstone Val G & E 4s ’65 108% 108% Boston & Albany 4%s 103% 104% Cent Maine 4s ’6O 102% 103 Cent 111 3Vis ’66 105% 105% Chicago Sts 3%s '63 105% 105% Cleve Eh?c 111 3%s '65 11l Cleve Tractor 5s '45 104 105 Columbus Rwy P & Y 4s '65 .105 105% Canadian Gvt 3%s ’6l 100'* 100% Conn River P Sc L 3%s ’61... 104% 104% Consolidated Bd 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 '55 102'/* 102% Cudahy Pkg 4s ’SO 104 104% Dayton P & L 3%s '6O 105% 106 Duquesne Lite 3%s ’65 106% 106% Eastern Gas & Etec Fuel 4s ’56 96% ... Edison Ilium Bost 3%s ’56.... 105% 105% lowa South Util 5%s 'SO 102% 103 Jones & Lattghlin 4%s '6l 98 98% Kansas P & L 4%s 65 105 103% Kevstone W & S 4s ’45 101 . . Loews 3%s '46 . 96% 96% Los Angeles G & E 4s ’7O 105 105% Maine Cent 4s ’45 100 100% Metro Ed 4s ’65 106% 104% Natl Dairy 3 3 *s ’6l 100% 100% N Y Edison 3%s ’6O 1011* 101% N Y (tent 3%s ’46 97 97% Norway 4%s ’56 100% 101 Norwav 4%s ’65 97% Ohio Edison 4s ’66 104% 1047* Pociflc Lite 4%s ’45 105% 106 Pacific G & B 3%s ’6l 103% 103*' Pacific Tel 3%s ’66 101% 101% Penn R R 3\s ’7O 100 100% Penn Tel 4s ’65 105% 106*2 Pub Serv N H 3%s ’6O 104% 105% Pub Serv Okla 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'is ’57 108 108% Cos Cal Gas 4s ’65 104% 104% Cos Cal Ed 4s ’6O 107 108 So Cal Ed 3'is ’45 104 105% So Western G & H 4s ’6O 102% 102% A E Staley 4s '46 104 Union Pac 3%s ’7l 98 7 * 99% Virginia Rwv 3**s '66 102'* 102% West Penn 3%s '63 105% 106

TUESDAY, APRIL 21, 1936

Natl Csh Reg.. 25 24% 25 24% Rem Rand 22% 22 22% 22V* Foods— Am Sugar 52% 52% 52% 52% Armour 5% 5% 5% 5% Borden Prod ... 27% 27V/* 27% 27% Canada Dry G A 12% 12 12% 12% Coca Cola 87% 87% 87% 87% Cont Bak "A’’.. 15% 15V* 15% 15% Corn Prod 74% 71% 74% 73V* Crm of Wheat... 35% 35% 32% 35 Cuban Am Sugar 10% 10% 10% 10% Gen Foods 37% 37% 37% 37% Gold Dust 18 s * 18% 18% 18% G W Sugar 33 V* 33% 33% 32% Natl Biscuit 33V* 33% 33V* 33% Natl D Prod 22% 22% 22% 22% Purity Bak .... 12% 12% 12% 12% Std Brands 15% 15% 15% 15% United Fruit ... 73% 73% 73% 74 Retail Stores— Allied Stores ... 7% 7% 7% 7% Assd Dry Goods. 14V* 14% 14% 14% First Natl Stores 43 43 43 44 Gold Dust 18% 18% 18% 18% G W Sugar 33% 33% 33% '’2% Kresge S S 22 21% 21% 22V* Kroger Groc .... 23 ”2 23% 23% 23% Macy R H 427* 4g% 42% 42% McCrorv St 11% 11% 11% 11% McLellar, St 12% 12% 12% 12 Marshall Field.. 15% 15 15% 15% Mont Ward 42% 41 % 42 41% Penney J C 76% 76 76% 76% Sears Roebuck.. 65% 65V* 65% 65% Woolworth .... 467* 46% 46% 46'% Aviation— Aviation Corp ... 6% 6V* 6% 6 Boeing Aircrft.. 20% 19% 20% 19% Curtiss Wright.. 6% 6% 6% 6% Curtiss Wri (A) 16% 16% 16% 16% Douglas Air 64% 62% 63% 62% Nor Am Av 9',s 8% 9% 8% Sperry Corp 18% 17% 18V* 18% Utd Aircraft new 24 23Vi 23% 23>/* Chemicals— Allied Chem 188 184% 188 188 Am Com Alcohol 25% 25% 25% 26'/* Col Carbon 120 120 120 120 N. Y. Bonds (Reprinted From Late Times Yesterday) DAILY BOND INDEX 20 20 20 60 Inds. Rails. Util. Bonds. Today 91.0 91.2 105.0 95.7 Saturday 91.3 91.6 105.0 96.0 Week ago 91.6 92.6 105.1 96.4 Month ago ... 92.0 92.0 105.3 96.5 Year ago 86.4 75.3 95.9 85.9 1936 high ..... 93.4 95.6 105.5 97.9 1936 low 91.5 84.7 103.5 93.3 (Copyright, 1938, by Standard Statistics) U. S. GOVERNMENT BONDS (By Abbott, Proctor Sc Paine) Treasurys Prev. Close Close 4Vis 1547-52 118.2 118.3 3%s 1946-50 111.7 111.13 2 3 / s s 1940-43 108.19 108.18 3Vis 1943-45 107.27 107.28 3‘/*s 1941 108.31 108.31 3 Vis 1944-4$ 107.17 107.17 3‘/sS 1946-49 105.25 105.29 3VbS 1949-52 105.23 105.23 3s 1951-55 104.16 104.18 2%s 1945-47 103.8 103.11 2%s 1951 102 102.2 Home Owners Loan Corp 2%s 1949 101.21 101.24 3s 1952 102.27 102.29 Federal Farm Mortgage Corp. 3s 1942-47 103.18 103.20 DOMESTIC Prev. Close. close. Alleg Corp 5s ’44 92% 93'/* Alleg Corp 5s ’49 88 88% Am Frgn Pow 5s 2030 75% 76 Am Tel & Tel 5%s '43 112% 113 Am Tel & Tel 5s ’65 113 113% Arm & Cos (Del) 4s ’55 98 98 Atl Coast Line 4s ’52 96 % 96'/a Atl Coast Line 4'/ 2 s ’64 81% 81% Atch Top & S Fe 4%s ’4B 111% 111% Am Wat Wks 5s '44 103 20 103 Am Rolling Mills 4%s ’45 118% 119% Balt & Ohio 6s ’95 93% 94 Balt & Ohio 4Vis ’6O 70 71% Buff Roch & Ptt 4Vis ’57 ... 78 79' Beth Steel 4'/is ’6O 105% 105% Chi Milw &StP 5s ’75 19% 20% Chi Milw & St P 5s 2000 7 7% Cleve Un Term 5s ’73 107 107 Cleve Un Term 4%s ’77 102'/* 102'/* Col Gas 5s May ’52 103% 103% Col Gas 5s ’6l 103 102% Can Pac Perp 4s 92% 92% Cent Pac 5s ’6O 99 991/, Big Four 4Vis ’77 90 90% Big Four 5s ’63 Colorado &So 4Vis ’BO 69 69% Chi & West Ind 4s ’52 104 103% Chi & West Ind 5%s '62 106% 107 Chi Sc Nor West 4%s ’49 12% 12% Con Gas 5s ’57 104 104 Chesa Corp 5s ’47 129% 130% Del & Huds 4s ’43 85% 86 % N Y Dock 4s ’sl 67% 68% N Y Dock 5s ’3B 67 Vi 67 % Brie 5s ’75 75% 76 Erie 5s ’67 76'/* 77 V* Gen Cable 5%s ’47 105 104% Grt Northern 7s ’36 lOf i 1017 Grt Northern 4%s ’76 10:% 101% Grt Northern 4%s ’77 100% 101 Gen Stl Cast WW 5%s ’49 78% 81 Hud & Manhat Ref 5s ’57 84% 84% 111 Cent 4%s ’66 73 75% 111 Cent Jt 4Vis ’63 79 80 111 Cent 5s *63 82 83 Interlake C&I 5s ’sl 93% 94% Ir.ternatl Hy Elec 6s ’44 42 42 Interntl Tel & Tel 4'is ’39 ... 92% 94% Interntl Tel & Tel 5s ’55 N.. 83Vi 84 Interntl Tel & Tel 4%s ’52 80 80% McKess & Rob 5%s ’SO 103% 103% Natl Dairy s'/*s ’4B 103 103', * Natl Steel 4s ’65 106',i 106 Vi Nickel Plate 4Vis ’7B 81% 82 Nickel Plate 5%s ’74 92% 93% N Y Cent 5s 2013 90% 92'/* N Y Cent 4%s 2013 (odl) 84 84% Nor Amer Cos 5s ’6l 105 105 Nor Pac 3s 2047 80% 81 Nor Pac 6s 2047 111% 111% Nor States Pow 5s ’4l 104% 104'/* Otis Steel 6s ’4l 102% 102% Penn Rv 4%s ’B4 108 107% Penn Ry 4%s ’Bl 107% 107% Penn Ry 4%s ’7O 102V* 102 Pac G & E 5s ’42 102% 102% Portland Gen El 4Vis ’6O 72% 72% Para Publix 6s '55 85 86% Penn P & L 4'.is 'Bl 106% 106*-* Postal Tel & Cab 5s ’53 31% 31% Rem Rand WW sVis ’47 104.8 104.8 Sou Pac 4Vis ’6B 90 90 Sou Pac 4Vis ’Bl 89 89% Sou Pac 4%s ’69 89% 90 Sou Pac 4s ’49 92% 92% Sou Rail 4s ’56 60'/* 61 Sou Rail 6s ’56 78 79 Sou Rail 6 'is '56 82% 83'/* Texas Pac 5s ’BO 102% 102 Texas Pac 5s ’79 102% 103% Union Pac 4s ’47 113'/* 113V* United Drug 5s *53 101 100% U S Rubber 5s ’47 106% 106% NY NH & Hart 6s ’4B 32 33 NY NH & Hart 4%s ’67 32 32% Warner Bros 6s ’39 94’/* 94% Western Mary sVis *77' 107% 107% Western Mary 4s ’52 100'* 100% Youngstown S &T 5s '7O 106% 106% Youngstown S & Tss '7B 105% 105% FOREIGN Argentina A 6s ’57 99% 100% Argentine B6s ’SB 108'/* 99% Brazil 8s ’4l 32 32 Canadian Govt 4s ’6O 108 107 7 /* Denmark 5%s ’55 101% 101 French 7s ’49 176% 176% German 5%s ’65 25 24% German 7s '49 32% 32% Italy 7s ’sl 73 73% Japan 6%s ’54 94% 94% Poland 7s ’47 102% 103 Rome 6%s ’52 63% 64% Tokyo City 5%s ’6l 75% 75% # Unlisted Stocks (By Blyth & Cos.) NEW YORK BANK STOCKS Bid. Ask. Bankers Trust 58 V* 60 V* Central Hanover 11l 113 Chase 37% 39 Chemical National 55 V* 57 Guaranty 287% 290% Irving 15% 17 Manufacturers 48 * 53% National City 34% 36% Cont 111 Chicago 148 151V* First National Boston 46% 48% National Shawmut 27% 29'.* FIRE INSURANCE Aetna Fire Ins 51 53% American Ins of Newark 15% 16% Baltimore American 8% 10% City of New York 26'* 28% Federal Inc 48% 51% Franklin Fire 30% 32% Great American Ins 28% 29% Hanover Fire Ins 36'* 38'* Hartford Fire 72% 74% Home Ins 37% 39% Ins Cos of A 72% 74% National Fire 72 74% National Liberty 9% 11% North River 26% 28V 2 Phoenix 86% 88 U S Fire 55% 57% Westchester Fire 34% 36%

—WE BUY. SELL.and gladly furnish quotations on: Bonds of the 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

Com Solvents.... 19 18% 19 18% Du Pont 143% 142% 143% 142% Freeport Tex,... 29% 29% 29% 29% Liquid Carb 38 38 38 38 Math Alkali 30% 30% 30% 30'/* Monsanto Chem.. 95'* 95V* 95'* 96 Natl Dis (new).. 30% 30 30% 30% Schenley Dist.. 42% 42V* 42'* 42% Union Carbide... 81 81 81 81% U S Indus Alco 52 V 4 51% 52 V 4 51V* Drugs— Lambert 22 22 22 22 Lehn & Fink 13% 13% 13% 13% Sterling Prod ... 68% 68% 68% 69% Un Drug mew).. 12% 12V* 12% 12% Vick Chem 44% 44% 44% 44% Zonite Prod .... 7% 7% 7% 7V* Financial— Adams Exp .... 12% 12'/* 12% 12% Allegheny Corp.. 33 33 Transamerica ... 13% 13 13% 13 Building— Am Radiator .. 22 21% 22 22 Gen Asphalt 29 29 29 28% Holland Furnace 29% 29% 29% 29% Int Cement 46 46 46 45% Johns Manville 101 100 101 99% Libby Owens Gls 52% 52% 52% 53% Otis Elev 26% 26% 26 * 27 U S Gypsum.... 88% 88V* 88V* 88% Household— Col Pal Peet .... 16% 16% 16% 16% Congoleum 37% 37% 37% 37% Kelvmator 21% 21% 21% 21% Mohawk aCrpet.. 24% 24% 24% 24% Proc & Gamble.. 44 44 44 44 Servel Inc 19% 19% 19% igz/ a Simmons Bed .. 29V* 28% 29V* 28‘,2Textiles— Belding Hem .... 14 14 14 14% Oelanese Coro .. 25% 25% 25% 24% Real Silk 13% 13 V* 13 Vi 14% Money and Exchange INDIANAPOLIS STATEMENT Clearings $2,380,000 debits 6.109,000 TREASURY STATEMENT (By United Press) WASHINGTON, April 21.—Government expenses and receipts for the current fiscal year to April 18, as compared with a year ago: This Year. Last Year. Expenses $5,750,539,233 $5,562 356,918 Receipts 3.252,712,373 3,027;976 944 Deficit 2,497.826,850 2,534,379,974 Cash Balance 2,589,643,068 2.124,626 347 Public Debts.. 31.444,018,642 28,733,937,507 Gold Reserve. 10,206,421,800 8,672,104 452 Customs ... 312,411,204 273,340,504 Investment Trusts (By Thomas D. Sheerln & Cos.) . . , , . Bid. Ask. Administered Fund 2d $16.32 $17.36 Affiliated Fund Inc 1.86 2.05 American General Equities .. 1.07 1.09 American Business Shares ... 1.13 1.23 Broad St Inv 28.82 30.82 "Bullock Fund Ltd 17.55 19.00 Century Shares Trust 26.72 28.73 Collateral Tr Shares “A” ... 6.43 6.50 Corp AA or Accum (M0d).... 3.27 3.30 Corp AA or ACC (Unmod)... 2.60 2.63 Corp Trust Shares (Orig) 2.73 2.76 Diversified Trustee Shares B. 10.20 Diversified Trustee Shares C. 4.45 4.49 Diversified Trustee Shares D. 6.60 6.70 "Dividend Shares Inc 1.60 1.73 General Inv Tr 5.88 6.50 "Incorporated Investors 21.90 23.17 Investors Fund Amer 1.03 1.13 Market St Investment Corp.. 30.47 32.07 Maryland Fund 18.80 20.24 Massachusetts Investors 25.08 27.26 "Nation-Wide Sec Cos B .... 4.23 Nation-Wide Voting 1.76 1.88 North American Tr Shs 1955 3.27 3.30 North American Tr Shs 1956 3.23 3.26 No American Tr Shs (Orig) 2.51 "Quarterly Income Shares .. 1.54 1.69 Representative Trust Shares. 12.22 Selected Amer Shares Inc .. 1.51 1.64 Selected Amer Shares (Orig) 3.56 Selected Cumulative Shares.. 9.22 9.32 Selected Income Shares 4.82 4 92 State Street Investment Corp 97.00 102.00 Super-Corp of America AA... 2.76 2.79 Super-Corp of America 88... 2.f’o 2.83 "Super-Corp of America A .. 4.06 4.11 "Super-Corp of America B .. 4.25 4.30 Super-Corp of America C .. 7.96 Supervised Shares Inc (Dela)l'J.o9 14.23 Trustee Standard Oilshares A 7.15 7.25 Trustee Standard Oilshares B 6.41 t'.sl Trustee Stand Investment C. 290 2.93 Trustee Stand Investment D. 2.84 2.87 Universal Trust Shares 4.20 4.25 Uselps A 13.50 Uselps B 2.83 Uselps Voting 1.07 United Standard Oilfunds ... 1.27 1.39 "Ex-Dividend. FRUITS AND VEGETABLES (By United Press) CHICAGO. April 21.—Apples—McIntosh, bushel, [email protected]. Carrots —Illinois, bushel. 250300. Sweet potatoes Tennessee, bushel, $1.1501.25. Beans, bushel. $2.50(W 3.50. Cabbage—Texas, bushel. [email protected]. Lettuce—Western crates. $303.50. Peas— California, bushel hampers, $2.2502.75. Spinach—Texas, bushel. 75@85c. Tomatoes —Mexican lugs, $2.5003.75. Cauliflower— California, $1.4001.60. Celery—Florida crates, $2.5003.25. Onion market (50-lb. sacks); Illinois yellows. Wisconsin yellows and Indiana yellows, 25@40c; Texas white wax, [email protected].

REALTORS REPORT SALES OF $96,950 North Side Group Meets at Home Show Transactions valued at $96,950 were reported by members of the North Side Realtors, a division of the Indianapolis Real Estate Board, at the weekly luncheon meeting held yesterday at the Home Show in the Manufacturers Building at the Indiana State Fairground. The total included the sale of six residences, two building contracts, two home sites and two farms. Sale of the farms, one of 40 acres and the other 10 acres, was reported by Robert L. Mason and Ford Woods, respectively. The two building contracts at 5725 College-av and 5155 N. New Jerseyst were reported by E. E. Brodbeck. The sale of two lots, one in the 5400 block N. Capitol-av and the other at Buckingham-dr and Rookwood-av was reported by Marion Stump and Bert L. Evans. Mr. Stump also announced the sale of two bungalows on the East Side. Other sales included a dwelling at 422 Berkley-rd, a house at 4304 Prak-av, a residence at 319 W. 46thst and a house at 4340 Central-av. All members were invited to attend the luncheon of the Real Estate Board Thursday at the Home Show by William G. Albershardt, vice president of the board. DEPOSIT DEBITS DROP CHICAGO, April 21.—Debits to individual deposit accounts reported to the Federal Reserve Bank of Chicago for the week ended April 15 by 62 banks in 41 leading clearing house cities in the Seventh Federal Reserve district, totaled $1,048,858,000, a decrease of 7.6 per cent from the preceding week. SS SAFES FIREPROOF CHESTS FOR VALUABLES KEPT AT HOME W. C. BRASS 4isor. I 134 S. Meridian. Rl. 9737

SWINE VALUES DROP 10 GENTS AT CITYYARDS Few Light Slaughter Pigs Steady; Cattle, Veals Stationary. With the continuation of heavy shipments at the Indianapolis Union Stockyards, the pork market turned definitely lower today on weights ranging upward from 160 pounds. These classes were generally 10 cents under yesterday’s best average. Few light lights and slaughter pigs remained steady, however. Initial demand showed signs of weakness when the total supply was estimated at 5500, same as in the preceding session. Approximately 186 hogs were held over from yesterday’s market. The moderate decline carried the top price of good and choice kinds down to $11.05. The bulk, of 160 to 225 pounds, sold at $10.95 to $11.05. Medium heavyweights, scaling 225 to 250 pounds, brought $10.75 to $10.85. Extreme heavies, from 300 pounds and upward, cashed in at $10.05 to $10.30. Light slaughter pigs, from 130 to 160 pounds, were salable at $10.25 to $10.75. Packing sows held at $9.25 to $9.75. Activity was limited in the cattle market, especially in slaughter steers where most offerings held around steady. Sales of heifers showed little change. Few sales of medium to good steers ranged from $7.10 to SB. Best kinds held above $9. Receipts numbered 2800. Veals continued unchanged with the bulk of good and choice grades selling at $8.50 to $9. Receipts were 700. Lambs also were steady. A single load of strictly choice clipped lambs, weighing around 83 pounds each, sold at $9.50. Others ranged downward from $9.35. Few good to choice ewes sold at $5 to $5.50. Receipts were 1000. HOGS April Bulk. Top. Receipts. 15. $10.90 011.00 $11.05 3500 16. 10.90011.05 11.05 4000 17. 11.05011.15 11.15 3500 18. 11.00011.15 11.15 1000 20. 11.05 011.15 11.15 5500 21. [email protected] 11.05 5500 Light lights. (140-160) Good and choice. .$10.25010.90 Medium [email protected] (160-180) Good and choice... 10.90011.05 Medium 10.40010.95 (180-200) Good and choice... 10.95011.05 Medium 10.55010.95 (200-220) Good and choice... 10.95011.05 (220-250) Good and choice... [email protected] Heavyweights. (250-290) Good and choice.. 10.45010.75 (290-350) Good and choice.. 10.15010.45 Packing Sows. (273-350) Good 9.650 9.85 (350-425) Good 9.40 0 9.75 (425-450) Good 9.150 9.50 (275-350) Medium 8.85® 9.65 Slaughter Pigs. (100-140) Good and choice... 9.50010.25 Medium 8.50@ 9.75 CATTLE —Receipts, 2800— (550-900) Choice $ 8.50010.00 Good 7.50 0 9.25 Medium 7.000 8.00 Common 5.50 0 7.00 (900-1100) Choice 9.250 10.00 Good B.oo@ 9.50 Medium 7.00 0 8 00 Common 6.00 0 7.00 (1100-1300) Choice 9.25010.25 Good 8.000 9.50 Medium 7.000 A.OO (1300-1500) Choice 9.50 010.25 Good B.oo® 9.50 Heifers (500-750) Choice 7.75® 8.50 Good 7.00® 8.00 Common and medium 5.75® 7.25 (150-190) Good and choice.... 7.00@ 8.50 Cows Good 6.00 0 6.50 Common and medium 5.000 6 00 Low cutter and cutter 4.00 0 500 Bulls, good 6.250 6.75 Cutter, com and med bulk... 5.75® 6.50 VEALERS —Receipts, 700— Good and choice sß.oo® 9 00 Medium 6.50® 8.00 C’ull and common 4.50® 7.00 Calves (250-500) Good and choice,... 6.00 0 9.00 Common and medium 4.50® 6.25 Feed and Stocker Cattle (500-800) Good and choice 7.00 0 8 25 Common and medium 5.50® 7.25 (800-1050) Good and choice... 7.25® 8.50 Common and medium 5.500 7.25 _ . Cows Good 4.75® 5.25 Common and medium 4.50 0 4.75 SHEEP AND LAMBS —Receipts, 1000— Lambs, 90 lbs. down; good and choice $10.75011.00 Good 10.25010.75 Medium 9.75010.25 Common 8.25® 9.75 Ewes. (90-170) Good and choice.. 4.50® 5.60 Common and medium 3.50 0 4.75 Yearling wethers, good choice 9.25® 9.65 Medium 8.25® 9.25 Other Livestock (By United Press) CHICAGO. April 21.—Hogs—Receipts, 15.000, including 4,000 directs; fairly active; 10 to 15 cents lower than Monday’s average; top $10.90; bulk 160-250 lbs., $10.75010.85; 250-300 lbs., $10.50 010 80; 300-350 lbs., $10.40® 10.55; 140-160 lbs $10.40010.75; sows, $9.40 0 9.75. Cattle — Receipts, 5500; calves, 2500; fed steers and yearlings strong; steers predominating; bulk selling $8.75 down to $7.25; early top weighty steers, $9.75; Monday’s crop well cleaned up on late rounds; best yearlings $9. other killing classes firm to shade higher; best heifers, $8.25; some held higher; bulls firm at $6.50 down; scarce; selected vealers to $9 few head $9.50; but big killers bidding lower on light offerings. Sheep—Receipts, 10.000; slow, generally around steady; shipping demand fairly broad; clippers $9®9.24 some held higher; wooled yearlings and 3-year-old wethers, $9.25: most wooled ewes, $5.50 ®6; clippers, $4.5005.25; few choice 75-80-lb. lambs, [email protected].

We Offer IS CONNECTION WITH THE REFUNDING OF 4Vi2TBONDS $200,000 Fletcher Joint Stock Land Bank 3Bonds Dated November 1, 1935 Denomination SI,OOO Due November 1, 1945 Callable November 1, 1940 Bonds of this issue are free from all federal income taxes, and State of Indiana gross income and intangibles taxes. These bonds are eligible as security for Postal Savings deposits and for tbe investment ot trust funds. Price 101 and interest, yielding 3% to the callable date and thereafter, unless called for payment. Jfletcher (Trust dotupasg EVANS WOOLLEN, Chairman H. F. CLIPPINGER HAROLD B. THARP Vice-President Manager Bond Department

Denver Exchange Quits The Denver Stock Exchange has become th-e sixth security market to go out of business since the Securities and Exchange Act was passed in 1934.

PAGE 15

Busigraphs

TOTAL CORPORATE FINANCING (commercial a financial chronicle) 600 - ■ DOTTED UNB IS THE PAST TEN YEARS AVERAGE OT n -** the same months 3 *oo T ft V V j! ° FMAMJJASOND J F ■ 1935 11938 THE PARKER CORP. GENERAL DISTRIBUTORS INCORPORATED INVESTORS

Refunding operations continue to represent the bulk of corporate financing. In the first two months of this year new corporate issues amounted to only 18 per cent of the total financing. New corporate issues, especially stock issues, have been so small since 1931 that there has been no actual Increase in the number of listed shares. W.th the heavy stock purchases during the last year by large investors and organizations, the floating supply of stocks is scraping bottom. INSURANCE GRANTED LOCAL LOAN GROUP Atkins Saving Association Protects Investors. An application for Insurance of all investors’ shares filed by the Atkins Saving & Loan Association, Indianapolis, has been approved by the Federal Savings and Loan Insurance Corp., E. W. Springer, secretary of the local association, has announced. The Federal Savings Corp. is a permanent instrumentality of the United States government and has a fully paid capital stock of SIOO,000,000. “This insurance insures the safety of each investor’s account up to SSOOO. The acquisition of this insurance by our association was made simply as an added factor of safety we felt was due present and future investors in the shares of the association,” Mr. Springer stated. The Atkins Association, which was first originated in the office and factory of the E. C. Atkins & Cos., Illinois and South-sts, by a group of employes in 1908, still maintains its first board of directors. Originally incorporated with a capital of $200,000, the association is now authorized to issue stock up to $5,000,000. Present officers of the Atkins Saving and Loan Association, which is a member of the Federal Home Loan Bank and is now eligible for investment in its shares by the Home Owners Loan Corp., are Fred C. Gardner, president; Major M. Poole, vice president; Herbert O. Waddy, treasurer, and E. W. Springer, secretary. Russell Willson is attorney. Local Securities (By Indianapolis Bond and Share Corp.) The following quotations do not represent actual bids or offerings, but merely indicate the approximate market level based on buying and selling inquiries or recent transactions. bonds „ . Rid. Ask. Home T & T. Ft Wye. 5%s ’55 103 105 Home T & T. Ft Wye, 6s *43 103 106 Indianapolis Railways, Inc., 5s 66 69 Indianapolis Water Cos., 4%5..106 108 Indianapolis Water Cos., 55... 105 107 Indpls Water Cos., 5s 105 107 Indianapolis Water Cos., 5%5..104% 106 Indianapolis Water Cos.. 5%s .104% 106 Interstate T Sc TANARUS, 5%s #7% 98 Kokomo Water Works, 5s 104 105'% Morris 5 & 10 Stores, 5s 100 103 Muncie Water Works, 5s 103% ... Noblesville H, L & Pwr, 6%s 100 101% Ohio Tele Service, 6s 97% ... Richmond Water Works, 5s ..105 106% Seymour Water Cos., 5s 101 104 Terre Haute T Sc L, 5s 106 108 Terre Haute Water Wks, ss. 102 104 Terre Haute Water Wks. 6s ..103 105 Traction Terminal Cos.. 5s 74% 77% STOCKS BeJt Rail & Stk Yds Com 53 55% Belt Rail & Stk Yds pfd, 6s .. 52 Central Ind Pwr pfd, 7s ... 21 24 Home TScT, Ft Wayne, 75.. 52% 54% Hook Drugs. Inc., com 17 18% Ind Sc Mich Elec Cos. pfd, 75..103'/* 106% Ind Gen Serv Cos, 6s 97 100 Ind Hydro Elec Cos.. 7s 57 60 Indpls Gas Cos., com 34 37 Indpls Pwr & Lt Cos. pfd. 6s . . 89 92 Indpls Pwr &Lt Cos., pfd, 6%s 92% 95% Indpls Water Cos., pfd, 5s 102 105 N. Ind. Pub. Serv., pfd, 5%5.. 61 64 N. Ind. Pub. Serv., pfd, 65... 69 72 N. Ind. Pub Serv., pfd, 7s 77 80 "Progress Laundry Cos., com . 10 11% Pub Serv. Cos of Ind., pfd., 6s. 22 25 Pub Serv Cos of Ind., pfd, 7s 41 44 S. Ind. Gas & Elec. pfd. 6s. 99% 102% Terre Haute Elec Cos., 65... 89 91% Union Title Cos., com 19% 21% Ex-dividend.

Ü Be Lilly’s Paints HousePai " t '.. $2.60 $2.70 From Fac.ory “• to \OU Ask for Coloi* Cards Sc Free Estimates WILLIArd LILLY PAINT CO. j V. 2044 N. Rural St. CH. 0944

INSIDE TRADING IN G. M. STOCK CITED BY SEC Additional Sales Transactions Bring Total to $3,000,000. By United Prrn WASHINGTON, April 20.—Further heavy inside trading in General Motors common stock was revealed today in a Securities and Exchange Commission report showing three company officials sold about $400,000 worth of the security on Feb. 8. This fact supplemented a previous revelation by the SEC showing that more than $2,000,000 worth of General Motors common had been transferred on that date. The present report, disclosing trading by officers and directors of corporations in their own stock, brought this figure close to $3,000,000. The commission said reports received during the first 11 days of the month showed that Donaldson Brown, Irenee du Pont and Pierre S. du Pont had disposed of 6333 shares of the stock on that date. All three are directors of General Motors. Other Transactions Listed A report three weeks ago revealed Lammot du Pont, William A. Fisher, John Lee Pratt, and Alfred P. Sloan Jr., high company officials, had traded heavily among themselves during the month. The commission’s report also disclosed that between November and February, Walter B. Lashar, an officer and director of American Chain Cos., Inc., had sold 48,000 shares of the company's common stock. Further disclosure of the sale of 13,900 shares of American Metal Cos., Ltd., by the Selection Trust, Ltd., of London, England, between October and February was contained in thq commission report. R. H. Fleet and Edward K. Bishop disposed of 31,221 and 10.679 shares of Consolidated Aircraft Corp. common during January, the report said. Mr. Fleet is an officer and director of the air firm and Mr. Bishop is a director. Another aircraft company—the Douglas—was the subject of considerable selling by H. H. Wetzel, officer and director, who disposed of 1600 shares from December, 1935, through February. Chicago Grain Futures (By James E. Bennett Sc Cos.) 9:00 Prer. Wheat— High. Low. A M. Close. May 99'/* .98% .99% .99% July 91% .91% .91% .92% Sept 90% .89% .90 .90% Corn— May 62% .62% .32% .62% July 61% .61% .61% .61% Sept 60% .60% .60% .60% Oats—May 26% .26% .26% .26% July 27% .27'* ,27V* .27% Sept. 27% .27% .27% .28 Rye— July 53% .53% .53% .53% Sept 54% .54% .54% .54% LOCAL CASH MARKET City grain elevators are paying 94 cents for No. 2 soft wheat. Other grades on their merits. Cash corn new No. 4 yellow 50 cents and oats 18 cents. Other Livestock (By United Press) FORT WAYNE, Ind., April 21.—Hogs— Market steady to 15c lower; 170-210 Tbs.. $10.80010.90; 210-235 lbs.. $10.65010 75: 235-260 lbs., $10.45010.55; 260-325 lbs I [email protected]; 140-170 lbs., $10.25010.50; 100-140 lbs.. $9.500 10; roughs, $9.50 down; calves. $8 down: wool lambs, $10.75 down; clipped iambs, $9.50 down. ininnniiiiiiiiiiiiiiaiiitiitiiiiiniiiiiiiuiniiHiiiiiiiimigiiiiiiiiiimiiiaiini GET A FIRST MORTGAGE LOAN on Well Located, Modern Indianapolis Property! 6* , INTEREST /O/q Weekly Payments. No Commission! HOME BUILDERS SAVINGS AND LOAN ASSOCIATION 1000 Lemcke Bldg. lIDIIIIIIIIIIIiIIIIHiIIIIIIIIIIIWDIIWIIIIIIIIIIIIIIHUIIIIIIIIIIiIIIIIIMIIIHIBIDIIIIIII