Indianapolis Times, Indianapolis, Marion County, 26 February 1938 — Page 11

~~,

; Government Issues Climb to New 1938 Highs.

NEW YORK, Feb. 26 (U. P.) —Stocks and commodities eased slightly in leisurely trading today, while bcnds were irregularly higher, featured by strength in U, S. Government issues, some of which made new highs for the

year. -Dullness in the stock market accompanied the moderate recession. - At the outset a majority of issues registered gains. Lacking incentive to carry the advance further, some traders took profits - and a few lightened commitments for over the week-end. Business news contained one item that attracted bearish attention. That was the decision of Armour & Company to defer action on the common and preferred dividends due at this time on the stock of the Illinois Company. The preferred stock broke to a new low at 493%, off 9% and the common to a new low at 5%, off 5%. Weakness in these +issues was unsettling for the general list, although not sufficient to bring any concerned pressure. ~ A long string of railroads reported sharply lower net operating income for January but railroad

shares dipped only small amounts |3

since traders anticipated the I. C. C. ruling on freight rates in the near future. Goodrich lost a point when the company reported a net loss of $878,580 for 1937, against a net profit of $7,319,507 in 1936. That loss, coming in the face of the best sales since 1930, was caused by write off

Arm Ci of $5,652,935 on inventories. Other | 3%

rubber issues were fractionally lower with volume light. _ Steel and nonferrous shares were very dull. U. S. Steel touched 56% early and then eased to 553%, off 2 point net. Bethlehem dipped to the

previous close of 59 after opening | gfe,

at 59%. Small losses were noted in

leading copper issues. Dome Mines cha

rose % to 57. Silvers eased.

Public utilities held better than |Gohi

other groups, some leading issues|S showing minor advances. American | & Telephone eased 1; point. International Telephone issues made new highs on fractional gains. Oils were mixed. also were irregular, with Interna-

tional Harvester equaling its high |D

and Case off more than a point.

Aviations and mercantile issues also a

‘Were narrow movers.

Among firm spots were Allied |g

Chemical, up a point, and Zenith

0 Radio, National Acme, Gillett issues, | § and Union Carbide with fractional |E

advances. Radio was steadied by a favorable report.

POW-JONES STOCK AVERAGES 30 INDUSTRIALS Seeeres less vo viene J3008 ceresessreessasiss 130358 cesessesenss. 127.50

Today -—0.32 Yesterday Week Ago .... Month Ago Year Ago High, 1938, 134.35; low, 118.49. High, 1937, 194.40; low, 113.64. ! 20 RAILROADS verve Sraas res iviee ve 3029 30.50 28.76 21.45

+121 —0.52

Today Yesterday ......... Week AZO ....o seese sosses Month AZO ....cceceveveenes Year Ago High, .1938, 32.33; low, 27.08. High, 1937, 64.46; low, 28.91. - 20 UTILITIES Today ... Yesterday ...cocee eoeee oes Week AZO ....ocosssavsscese Month Ago ... Year Ago = High, 1938, 21.86; low, 18.25. + High, 1937, 37.54; low, 19.65. 70 STOCKS

20.20 19.33 19.05 34.08

sessessscsssae

Yesterday ...ccccoeee seen . Week ABO ...coccovsevences Month Ago Year Ago High, 1938, 44.42; low, 38.51. High, 1937, 69.67; low, 38.87. : 2-8 3

Week's Business At a Glance

AUTOMOBILES—Ward’s Automotive Re tput this week 56,677 units vs. 59,100 last week and 115,360 year ago. ~~ BANKING—Federal Réserve Gold stock this week $12,784,000, up $3,000,000; excess reserves $1,410,000,000, up ~ $50,000,000; brokers ‘Joans off $10,000,000; circulation up . $22,000,000; ratio 80.4 per cent vs. 80.3 per cent last week and 80.4 per cent year ago. Dun & Brad-

street—week ended Feb. 23 bank | Net Def

earings ,804,457,000 vs. $4,497,Sor 000 8 Sim week and’ $5,591,156,000 year ago. COAL—National Coal Association —Week Feb. 19 bituminous output

BASES SLIGHTLY IN, FISURELY TRADING =

Farm shares Co

N. Y. Bonds

By United Press BOND, PRICE INDEXES 20 20 20 Inds. Rails Utils. Today ........ 81.5 65.5 93.2 Yesterday ..... 8L3 65.9 93.3

Week ago eo. x Month ago . ai 058 104.7

Year ago 99.8 Two years ago. 92.8 93.6 104.8 1938 70.0 95.4 1938 61.1 91.4 1937 101.2 106.0 1937 69.3 922.3 1936 100.4 106.2 - 108.5

1936 84.7 10 MOST ACTIVE BONDS Net Month Year Change Ago Ago + 3% 101 1003¢ -— 15 134 2134

60 Bonds 80.1 80.2

8.2 99.6 97.1 82.5 7.9 100.7% 81.1 100.2 93.3

Close A T&T 3s 61..102 Post T&C 5s 53.. 14% Phil Ry 4s 37 ... 21 Pen RR 3lis 52. 84% A T&T 3%s 66 .101% B & O 4%s 60 .. 28% Arm Co Del 4s 55 92 Erie 5s 67 NY Dock 5s 38.. Mo Pac 5s 78...

57 24%

Transactions approximated 490,000 compared with $2,556,000 a week ago.

U. S. GOVERNMENT BONDS Treasury Bonds : 3%s 1943-41

Home Owners Loan 2%s 1949-39 102.1 2Yas 1944-42 103.5 FEDERAL LAND BANK BONDS d Ask Yield -]958- fe 102% 2.60

July A 2.63 2.64

Jan 3s May 1 3Yss May 4s July 4s May 4Y;s Nov.

3s Ss

£ 4 4 £ £ 4 £ 4

i . NJOOWOD = UN-IDN

SpIeoey SR

& Oh 32s 96 ... Chi *East Ill 5s 51 . CMStP 4 :

+0.73 |-Leh

+0.13 | M

cv 52s 49 ... Mo Pacific 55 I 81 ....

4s A 50 ...... abAirbin 6s 45

oc_Vac 3's 50: o_ Pacific 30s 81 SoPacific 412s 68 ......

Wheel Stl unis POREIGN BONDS

Argent 4153 71 Brazil 6'%2s 26-57 . Canad 8 248 45 oie...

. 3 Japan 6'%28 54 ....ce... Japan 5%s 65 Peru 6s- 60

U. S. STATEMENT

WASHINGTON, Feb. 26 (U. P.).—Government expenses and receipts for the current fiscal year through eb. 24, compared with. a year £2 L a

is Expenses .$4, a8 372 172, 485. 3 st ji Receipts .. 3.826,422.066 . 1,029,750, 056 77, 58.03

4, Customs i 280, 31 1136.29 3 Today's Gold Cert. Fd. Incr..

about 6,500,000 net tons vs. 10,840, Cleath

000 year ago. . '. CONSTRUCTION — Engineering | News-Record — — Awards this week - $40,161,000 vs. $45,001,000 last week # ‘and $72,178,000 year ago. ELECTRICITY: Edison Electric i Institute—Week ended Feb. 19, outmn 2,059,165,000 kwh, low for any

: week Since July 11, 1036, vs Ts and 2,211,818,000 year ago.

02,000 previous holiday week

previous week and 203 year ago. INDEXES: Investors

74.0 per cent of ‘1928 average, since July 6, 1935, vs. T45/|. week and 103.2 year ago. - & Bradstreet—Week ‘ended . 91 food index up 4 cents to vs. 2.94 year ago. Iron Age—

“Feb. 19, capital goods activity | cars, -

8 per cent "of 1925-27 average Vs. provious week and 90.3 year

National Lumber — Week b. 12; output of 515 mills sect vs. 137,339,000 feet previous week;

ve. Sol 51,000 ve. 180, 1

Clearings (for week) . Debits. ior week)

BANK STOCKS

Bid Asked Bank of America .......... . 43 Bank of Manhattan 23 Bankers Tru

st of New ¥ OIE Trust

Guar Irvi

Manufactirers National City

“94 31%

TaN

CHICAGO PRODUCE

CHIC. ‘AGO, Feb. 26 (U. P.).—Eggs—Market, steady: receipts; 11, 833 case graded fr: firsts, cars, 16%c: Tans, cars, 16%ec: less t an cars, le jo:

ac: dirt rties, 14}2c; checks, 15 oButter Market steady: rece ipts 549,-

fir ts (9¢ _o1%s tear) “as 38c; 4 score), 29%c; ts, 24438"

26@217c; 29c; t ,80 score), score),

toes—Supplies slow; market weak: banks, [email protected]%: U. 1.12%2; Colorado Red 1.57%: Wisconsin Round White i Michigan - Russe

Nebraska ‘Bliss

99.5 |

£ $3,-

> jefeleloleloleleleloloTelele leo] Dah 2

"| xLincoln

rH Toh less than cars. | ¢

phs, | each full case

1%, AJ og Po oo ai 130 teel .

e lied Chem

. no Allied Stores .. 1%

$55.55 55 55 55 55 55 00 Be > 55. in Bs 3 5 65 5 0 80 Bs we » >» B E

our I Armour Ill pr “pf Asso Dry Goods Asso Inv

Pdr rin Nich . Aviation Corp .

3ald Loco ct .

3eth Steel Seth Steel 3 pf 3igelow 4 lack & Decker Blaw-Knox 13% Boeing ALL Borden

Borg-Warner . Boston & Me .. Bdgept Le .

Brigg Brigss , Mirai Bristol

Butte Cop

Cal Packing ... Callahan Zinc.. Calumet & H.. Campbell Wy .. Canada Dry .. Can Pacific ... Capit San A..

Cerro de Pasco. ertain-teed ..

hic Gt Wst Ry h M StP & P. Pan of .

rk Eq 80%, eve Graph Br ne limax oy iy

& A 241; Gol Fuel & Iron 1745 Colum Gas 8%s Col Plotures ‘vtec 14 Com Credit. ... Com In

Gommp a & ot 3812 r . Aircraft . tou, ison ... 24 son ... 22% son pf. 823

97% R Cuba of 6 Con Textile . 3% tons Coal_vte . 3%

mers Pw pf 85 tainer ..... 15%

pe Boats Hb) anon. ei =

CO BIBI =I CI

Vs Ys

Net Close Change 3912 .... - 10 53% 11% 1Y2 14% 17% Ya 5 2% 70% -14Y2 20 25

FREER SRE Foe

HEE re 4

Ga a

LLLI+L +1:

[+111

Srl ELLIE TR DEL

see

boc was

15 oe 43%. 7% .-

INVESTING CO.’S

(By the Ins. Enkrs. Conf. Inc.) Bid As a 1s vr oS. Y GFB2 21.

Adm Fds 12.30 13.09 Aff 4

«@ § HOE Od] A300) CC

BIONIVWD Ois--3

Group Securities

1.24 1.01

BIND WD: Lee. : nnn

Stt St

9 0 13.06/01 A

Io tc Invs 16.8! Tos Securities Ltd. Bk'Grp 1.16 1 S Gro 1.26

In Invest Bank k Corps. no Fd Ban Bl

- 14.1 10.

yn bt tt Short RRO =i © 5 bot

DN OOUN. tm el IIIa

NOW RRHWH I add ne:

@ a, bt DC FERSR

on © cp 00

CJ b= «J OO C1 CI = 00 = ED © = Rees anaS

In .69 Trsk 14.63 Utl 48

In 76.50

Sup Corp A 3.19 wig 3.19

1.82 12.94 14.26

LOCAL ISSUES

(By Indianapolis Bond & Share Corp.) . | Cities

The Jollawing. au quot sent actual

recent transac

ations

or offerings. indicate the approximate Er based on buying 2 and selling inquires or | =

BONDS

Richmond Ww Seymour T H Trac & L

american Loan Co 5s 46- n:

5s 57.. Water Co 5s 49 55 44

Indpls Water Co pid 5%

XP R Ma Fs Balog so, N Ind Pub Serv pf N. Ind - Pub Serv

xProgress

C xTerre Haute BE Co 9%. .

| Union Title Van Camp Cutie Go Co pfd”’ an Camp Milk Co com...... 10

do not reprebut arty 6 level

Avksd 1 Pi

2Ya atl Life Ins Co com 24

Ro vesiuns are

BY M. P. Crist & Co.)

Market St. Inyesiment' Corp..

xEx-Dividen:

23.18

“LOCAL PRODUCE.

i 2: ‘aaa

sana | B2 phd spring

ay “full net

t—No.

Butter—No. =

dover, . *and over, . 1 icy fresh -cou

must

and up. ide:

hens, 12c: : 4c Bt

we The: | cents

er 55 1 ei S3@siie: will be m

: No.2; 256.

¥2 | Gurtis-Wr A ..

‘| Hecker Frog »

15 MOST ACTIVE STOCKS

Net © High Close Change | 8% 5% 34% 83%

Low Int T&T ...... Armour Co ... U'S Rubber ... Int T&T for... N Y Cent Gen Motors ... 35% Angconda Cop.. 34% Schulte Stores.. Int Nickel U, 8 Steel Chrysler Yellow Truek .. 1434 Goodrich Int Paper South Pacific ..

REESE

. . .

+1 +b+12

19%

FINAL NEW YORK. ST OCK QUOTAT. IONS

By United Press

8. 4 Nat Stock sales approximated 300,000 | Nat D

shares, against a similar amount in the short session last week. Curb

stock sales were 49,000 against 68,000.

shares last Saturday.

; Net: High Low Close Change

Cont Ins ges + % a ae 84 33

Com Prod

e Co 1 ro own C cupfxw 33 Crown 2¢icr vel Ciacibls & 3a

gh —D— 3

Cutler-Ham

Deere & Co ...

e M Douglas ines es = Dow rae .

Du Du Pont pf.

i us Es EE Sees

: 5

East R Mill ...

E Boat 9% Elec Pwr & Lt 10% HB Paso Nat Gas 22.

Eng 4% Eng P us ' pf. 52 Houle Bldg .... 2% Brie 1pE Il ole

seta lam

fed Wat 8 A . 1% Ped Dep St .... 16% restone . 217% Firestone pf A - 33% ix r= os Strs ... 34

inhi

177 S60, Sak NL Ek - 1835 8Y%2 Gon Amr 6% Gen. Am 2% G=n Banking bo Gen Bronze o C ... 41% 32

Inv ..

A. a 8 Motors 5% 351% Sotors ot git sl 9% 91

(+11 +

oo»

Pub Ink Rty & U.. 1% Refract ... 2534 n cee. 13% illette. S R ... 1113 illette 8 $5 pf 61 dden ....... 23% 2% 33% oo. 18% « Bad 23%

4 1%

. BI SAR FEES

0 . ;raham Paige. . rand Union ..

Ll + H+ H+]

r Ore ... Greyhound Cp.

Harb-Walk Hat Corp

TELA

Herc Mot Herc Pdr . Holland Furn .. Homestake .... 60 Houd-Her A ... Houd-Her B ... 10 Houston Oil ... Howe un oe Hudson Motor . Hupp Motor ...

113, 131%,

[11 Central Inland Stl .... spiratn Cop . r

8 a

terlake Tron Harvester . 70 yd i M Marine .

2228238333833

DHE

| 20%

Johns-Man ... 79% 179% i — Kalamazoo Stv. 17% 17% C Sou.... 9% 9% Kayser Jul... neoy@e Kenne 39% 39% a sil. 8% 8%

resge S18 Eeoger G&B... 15% 15%

+ +

SILI

Inc Lone Star com. 3% Long Bell A ot Lorillard ae Ludlum Sti ...

Mack Tr Macy Mar Marin

Llarcin Mar athie:

a ia Call Corp ..

Curb Stocks

By United Press

h . Lo 4 84v, 8 i 2 im Sher .. 26 \pp Ei PPwr ‘Bt. ‘109 Nasa .« he

ellan ca 15 -16 3

1% Cit Sy FL Lé ot a

Gay ; Fr.15 Can Marcon oe Carrier Corp ..

PHI

TE];

Sherwin w Teehuisolor Un Gas Cp nt Un Lt & Pr A Wright Harg. .

HHH HH

COMMODITY PRICES

COTTON NEW YORK

> Prev. Low Close Close 07 9.11 9.12

e Studebaker io jun shine n

Close | head of the Oberlin: College

LL]

kT’

TE ae

Hl: I+

Steel 1 Owens Ill Glass

Pac Am Fish .. El .

c G & : Pacific esiPoi . 38

. | . . . .

oo . ce °e

PX POTN

ERRIFRERNSSR § 8 Fe

eon) =3 oe 3? > La

NORE EER ER

2 Maren tte Bie Bre. arquette eiffer-Brew .. 6% helps Dodg . hila Read C I hil Morris ... Billing Det ... 3 - e & I

stl it

nN JOW ~IDWNIWRNID

Tee Er Sen

SACO CD ed fuk hd fd

Radio pf N .. Radio-K-Or ... Reliable-Stores . Rem- WE

Bootie : i

pus

Ri ] Pon Rayonier Inc Rayonier inc pt e

: a & SERRER SR

Sheil EL: SHE LL 4 thie Iei ie

cae ANNE

South Pac SE: South R: South By pf

Spald op . Sparks § ith -... Spear & Co ... Sperry-Corp ... Spiegel Inc .... Square-D-B ... Std Brands Std Brands pt. 100 Std G&E .... 4 Std

i + 3 8Ys

4: 1+H+++1 1

I. . . . Fa FRE FEFSESSEE

al 3 Sid Si Ind ... 4 FH eh £ Ret 0 se Stone Wi Superhtr Superior oit swift & Co Syming Gould.

he PLE

H+ SE ees

DIDI

. . .

Cy RT.. Twin Coach ...

Tnd Ell Fish. . 59% B & P.. Bi ee. 19% . 21% 802 . 25% 8

Lines... Bosch . 10% . 49

i+: - : FRR

+] —.. =

PES SSS

Dee st s Im Bn Gas no ot. 101}

"a Freight . Sopsum

3 paris piin

*g 2eEea oF ore ee

3 5 <

cacacaaqacaad e o 3: "

ghee ge ha 8 »,

+ ELLIE

Fa.

Je 13 Biss eee Ye. aro i'n

“iy ot Virgin “Ry pf...120% 120%

Walgreen 19 + 4%

Chicago Stocks

By United Press \bbott Lab 40

‘Advance Alum Armour & Asbestos Mf 3ackstay-Welt ndix Avia

t Bliss & Laugh. Borg Wane *e

40 ‘3%

Gen Finan Gen Hshld ‘ot . 134 Gt Lakes Dredge. ...... 15% Heileman Brew ‘8 vis W B.

sses0ne

Trane Zenith Badio

RIVALRY IN ‘MATH’ PUSHED IN COLLEGE

e——————— "OBERLIN, O., Feb. 26 (U. P)—

28 | Intercollegiate mathematics Hvalry a2 | is the latest college sport. ad

Instead of footballs or. basketballs, the mathematical wizards will toss around calculus theories and geo-

‘| metrical figures in the competition

announced by the Mathematical

31 | Association of America. Cairne,

‘Prof. W. D. secretarytreasurer of the association and ‘mathe-

mio! West Air: ‘Be ae Wes esting El.

3, | dents.

Net Close Change -_ Ys

2 OR I 5

El'In .. white ‘Mot ..

White Rock ison 7ilson

1 LULL EFL +L

e. & 0 Sheet . Fouts

SEED SUPPLES OF NEW HYBRID CORN INCREASE

Available Stock Adequate ~ To Plant Seventh of Nation's Acreage.

i+:

I+

WASHINGTON, Feb. 26 (U. P.) — Corn specialists of the Department of Agriculture said today sufficient hybrid seed corn is available for planting seed corn is available for planting of 15,000,000 acres this spring. ‘This, according to Dr. Merle I, Jenkins, is enough to plant about|yg one-seventh of the nation’s total corn acreage. If is about five times as much as was available last year. | Development of this new type of | 5. corn, specialists said, enables farmers -to increase their yield greatly.

brid corn, under normal conditions, probably would exceed ordinary varieties by 75,000,000 bushels.

Iowa and Illinois Le

Virtually all of the hybrid seed is available only to farmers in the

North Central states. Iowa and |M

Illinois, producing about one-fourth of the nation's corn crop, have the largest: hybrid supply—enough to plant about 50 per cent of the corn acreage in each state. Ohio and Indiana have sufficient | 4 seed to plant about 30 per cent of |; the acreage; Wisconsin and Minnesota, 20 to 30 per cent, and Nebraska 10 per cent, Dr. Jenkins said.

Little hybrid corn was produced |$

commercially prior to 1933. Since 1933 the supplies of hybrid seed corn have increased several hundred per cent each year. “Now for the first time seed supplies are large enough so that growers are able to choose among the hybrids offered for sale and buy seed of tested hybrids instead of pirchasiie just hybrid corn,” Dr. Jenkins said

Test Vary Widely All Corn Belt states, he said, run

lar open-pollinating. varieties of corn, for observations ‘on yield, drouth resistance, lodging, smut resistance and other qualities. “These frials have shown that not all corn hybrids outyield the regular open-pollinated varieties,” Dr. Jenkins said. “Frequently the|2 highest yielding entry is a hybrid, but on the other hand it is not unusual for another hybrid to be the lowest yielding entry.” Many state experiment stations are conducting inbreeding programs in which inbred strains are being produced and tested in new crosses. Tedious hand pollination for six to eight generations is required to produce the inbred lines.

PROCESS PRODUCES BYPRODUCTS IN FISH

an Feb. 26 (U. P. —German fishermen who take their boats out of Hamburg in the spring will hope to bring home catches that may be turned into wool, leather, flour, bootlaces, brushes and even corned beef. A new company has been formed at Hamburg, with government backing, for the production of these commoditieg from fish. It is said that a new and secret process has been devised to treat the albumen in the fish so that in the form of powder it can be made into flour and baking powder, while in a sticky form it will be spun into wool.

16 ARE REGISTERED IN ~ SIGHT-SAVING CLASS

SCHENECTADY, N. Y., Feb. 2

lighting fixtures and a photoelectric cell. that regulates the intensity of light in the room have been installed in a Riverside school classroom for near-sighted stu-

Textbooks with large type, paper with a 'green surface, special chalk and soft lead pencils also are provided for pupils in the sightsaving class. Sixteen students are registered.

LICK ASTRONOMERS WILL MAP HEAVENS

SAN JOSE, Cal, Feb. 26 (U. P.). —A photographic mapping of the entire sky, which will take 50 years to complete, soon will be undertaken at the Lick Observatory on Mf. Wilson, Dr. Joseph H. Moore, assistant director, has revealed. The project has been made possible by the donation of $65,000, which will be used in the construction of the largest star camera in the world. The instrument will have a 20-inch lens.

BEES WILL PAYFOR YOUTH’S EDUCATION

' JACKSON, Mich., Feb. 26 (U. P). -~-Swarms of bees are paying for the higher education of Floyd Soper, 16-year-old Jackson High School student. 23 ‘He Expects to have $1000 drawn

May Yield from 15,000,000 acres of hy-|Sse

ft experimental trials in which hy- May 4 |'brids are compared and the regu-

(U. P.).— Ultra-modern indirect }

{tome

| Corn Prices Assume Bearish

Outlook in Chicago , Trading Circles.

vi i———

CHICAGO, Feb. 26. (U. P.).— Wheat futures struggled to hold near previous closing levels on the Chicago Board of Trade today in the face of a momentary cessation of foreign demand which depressed: prices su tially at Liverpool. - Light selling at the start here forced a fractional decline while overnight export business failed to supply a stimulus, having been limited to the’sale of about 200,000 bushels to the United Kingdom. Much of the bearishness was believed to have derived from the empha British traders are placing on the recently improved crop prospects in the winter wheat area. Fluctuations in corn’ were not striking. Prices eased from the start under‘ scattered selling while weakness irvlwheat as well as disappointing export dealings deepened the bearish; outlook but failed to make any extensive impression on the market. jasrivals were estimated at 254 cars.| Liverpool [closed “x to 1% cents lower as traders ignored a reduction in Argentine crop estimates, finding favorable weather conditions in the American Southwest of greater importance.

CHICAGO _ _GRAIN

SY Seale EE :] i 89%

hh ly esses 50%

Sept. ---ee LC 50% 61%

461% 62%

aL 20%

31% 1 2

12915

q5% 15%a % 1078 68n

1.05a 1.03b 1.00%b

9.30a 9.55a 9.55a

Wheat—No. 5 Jared. 8 17h —No. | 4 mixed, 33%2c; no.

yeliow v, 56@58 S%astue. N yellow, G1 asd white, vio: ‘sample, 44@50%c¢ Oats—No. 1 ite, 34lac; No. ‘2 white 33% @34%c¢: No. 3 White, yhits 32@32% fc; Sample, 53 e—No. malting, Fy

83c. Clo s 3 Cash sions aay. : loose, $8.70 asked; leaf, $8.62 nominal; bellies, $11.50 nominal.

LOCAL GRAIN

Wheat—Steady. JecHims, one carload. No. 1 red, 91@92c; 2 of @91c; Ne: on hard, 91@92c; No, ‘2 har oeiie. —Eagy, inige: No: § 2 carloads, wh 471,3,49%c; , 44@4 Mic: No. 4 yellor, 46@ No. he rellow, 42 gue No. 4 mot Yi aiTe: No. 5 mixed

Easy: receipts. 10 carloads. No. 2 Shite, 30@31c; No. 3 3 white, 29@30.

LIVERPOOL WHEAT

(Today’s U. S. Givalents y aed on y sterling at Pan

5 Jjred,

aol 2¢. Rye—!

Be v. Heh 113% Sige 1.133 Maa 4 SL in S35 . 1.10%; ie” ERT 1.11% WINNIPEG V WHEAT

’

0000s

2 Rak 81. a nh Ph $12040 $1295 110% "Ii8% “118% 110k 198° lar lores oe

B. cocecenen

WAGON WHEAT

2 Sy $haln ¢ elevators are paying for No. 7c; other grades on their merits. Soe. corn, new No. 2 yellow. 46c. Oats,

ENJOYS TRAVELING IN “MODERNIZED BUGGY

WHITEWATER, Wis., Feb. 26 (U. P.) —Equipment of a horse-drawn buggy with electric lights and radio is the most satisfactory compromise between old and modern for genuihe ‘enjoyment of- travel, according to Frank Dyer, 53. Twenty-five years ago Dyer became convinced. that automobiles would ruin the pleasure of traveling. He bought a horse and buggy and: made himself immune to the general trend of possessing swifter means of transportation. He installed five large storage batteries under the seat of his buggy and used them to supply current for a radio, yellow and red lights on the vehicle harness. of his horse, an automobile. horn and a spotlight. The. whole outfit can be transferred easily to a spotless cutter when snow blankets the countryside.

RAILROAD EMPLOYEE SUPPORTS 21 PEOPLE

LISBON, N. D., Feb. 26 (U. P.).— Ste

J. A. Risk, retired Northern Pacific depot master here, today looked back on a record that included achievements other than 50 years of railroading. Mr. Risk was left fatherless at an early age. He was the main support of his mother and six younger brothers and sisters. He reared a family of 12 children of his own after that and all. have received college educations. : To finance college educations for their children, Mr. Risk and his wife encouraged them to save their SArDings: which were placed in a un . >

THIEF TARRIES LONG "ENOUGH FOR BITE

‘PHILADELPHIA, Feb. 26 (. P). why thief who took-a new overcoat and a suit of clothes from the home of Maurice = Morman, attorney, wasn’t in a great hurry to leave with his loot. Before leaving, evidence disclosed, the burglar: read a magazine in the kitchen, smoked several cigarettes, ate bananas and oranges from a fruit bowl, and consumed several sandwiches he found in the refrigerator. :

| FOOD PRICES ou aL 5 Thocinnier

[email protected] Crys ch Ji hol, ‘5@40 tc. Spigad a Who ll S04 prend nit ee Teg SAFE DEPOSIT ores © % The * . ‘Indians. National Bank

5 A

Bec: No i|2

Listless Trade Features Local Porker Dealings

A light. Saturday run of hogs prompted salesmen to try for steady prices compared with Friday's early. trade, resulting in some. early. slow-

| ness; according to the Bureau of

Agricultural Economics. Demand, however, was rather indifferent on both shippers and local killer account and ‘stpplies were forced to move steady to 10 cents lower than yesterday's best time on

weights above 160 pounds, the unchanged prices applying to weights from 300 pounds up. Compared with the uneven trade on light lights and pigs, yesterday, today’s values on these Eke largely steady with the most popular schedule that day, although losses of 25¢ showed up in comparison with others. Top was $9.30 for best 160< 200-pound averages. Packing sows were scarce, but quotably about steady at $7 to $1.15 with good lightweights eligible to $8. Bulk of the good and choice barrows and gilts y sold as follows: : Today's cattle trade was nominale

ly steady. Compared with the close

last week, beef steers and yearlings are strong, with all grades of heifers and cows mostly 25 cents higher. Bulls are weak and stocker and feeder cattle unchanged. Vealers are 50 cents down. Five loads of good to choice 1354-1375-pound steers sold at $9 during the week, ° with several loads of steers and yearlings from $8 to $8.35. Bulk comprised medium and good offerings from $7@$8, with plain offerings $6.50@7. Best light heifers and mixed yearlings made $8, with bulk of the heifers medium and good sprts from [email protected]. Good cows cashed from [email protected], bulk plain and medium cows $526@ 5.75 and low cutters and cutters [email protected]. Bulls cleared at $6.50 down. Late top on vealers was $11.50, with the week’s limit $12. Around 600 lambs which showed up today, mostly western fed offerings. cleared at Friday's levels or $8.50 down. Compared with the close last week, fat lambs are 85¢ higher, fed yearlings $25@50c up and slaughter ewes around 25¢ higher.-

LazaEashs

Eirtove and Gilts— § 140-160) G and

(320-200) Good (290-350) Sood

Packing Sow. ( (278-350) Good { 350-4 3)

Slaughter Pigs— (100-140) So and choice. .

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choice. .

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~ =Receipts, 508—

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(750-900) Good (550-900) Medium (550-900) Common

All Weights Cows. Good -

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8333

203

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e (All weights) Medium . Cutter and common .. Vealers —Receipts, 500— (All weights) Choice (All weights) Good . (All weights) Medium . Cull and medium

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8338

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999538 9998

Feeder and Stocker Cattle

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(500-1050) (500-1050) Heifers— (500-750)

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Good and choice.. Common. medium.

SHEEP AND LAMBS —Receipts, 2004—

«93

Lambs— Choice

20m ie Common .... Ewes— Good and choice Common and medium ..

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, 88. Slibpes lambs, .65; closing“ to] is hter RA ty M15; scattered lots op a Tombs, A LAF.

E, Peb.- 26 (U. P.).— garket 5 to 15 cents lower; 180-220 Thos [email protected].; -250 1bs.. 250-280 hes [email protected]: 280-335 ibs., [email protected]; 190.180 Ibs » 23. 0; pigs. $8.75 down; own;

calves, [email protected]; JAYNE Feb. % my . 20 cents Rs 160-80 bs., 5: ’ 1bs., $8.95: 200-2 $8.80; < 240" 1bs., $8.55: 240- 260 1 J 38.35 260- 300 1bs., $8.15; 280- 300 1bs., 00.325 1bs. $7.85; 325-350 1bs., Lf M0; 1 “1001 3s 5; 120-140 $8.20; 100-120 1 $735 Rou 5 $7; stags, $5. ;:° “calves, $113 lambs, $8.

BANDITS DEMAND $50, SETTLE FOR $5

CLEVELAND, Feb. 26 U. P)— Two. Cleveland robbers are demanding, minimum loot from their victims, : Of their first victim, Robert More, 19, they demanded *‘at least $50.” when Moore couldn’t produce the minimum, they forced him .to drive them to his home. There the robbers were satisfied with $5.30 taken from Moore's aunt, Mrs. Margaret Summers. The robbers fled in Moore's automobile.