Indianapolis Times, Indianapolis, Marion County, 2 April 1938 — Page 11

£2

RALLY 0

N RUMOR

OF PUMP PRIMING

Of More Than 4 Points.

NEW YORK, April 2

planning to pump priming exditures and on development of rong opposition tq the reorganizan bill by the House. Trading was light as compared th a week ago, although the openbrought out considerable stock large blocks. Some of the ini-

some traders and they cautiously withdrew pending a test of the market’s ability to hold gains. At 11 a. m. the Dow-Jones industrial average showed a net gain of 3.57

points, on top of yesterday's rise of 4.07 points. The gain for the two days amounted to 7.64 points or 7% per cent. American Telephone & Telegraph capital stock was a beneficiary of short covering following publication of the Federal Communications Commission report on its investigation of that company. The report, it was said, had been discounted. The stock touched 117%, up 4% points and held most of the gain. Second -grade railroad issues featured a rise on the bond market. Demand for these bonds, which recently had plumbed new depths, was inspired by a rumor to the effect that the Government was contemplating aid to the railroads in the form. of grants to insure servicing on bonds and for purchase of equipment, . This report also influenced | 4s the railroad shares and they showed gains of fractions to more than a point. Steel shares were strong as were motors. © Substantial: gains were noted in high-priced issues which

| rise was too rapid in the view o

usually are selected by the short At

sellers.

Chrysler gained more than 2/8"

points and General Motors more than a point in the automotive division. General Electric was in demand. Nonferrous metals followed American Smelting higher. Talk of

aid for railroads in purchase of] gp;

equipment aided such stocks as American Locomotive which gained a point: Utilities strengthened under the lead of Consolidated Edison which rose nearly ya point. Building issues were up a point or so. Liggett & Myers B with a 21% point gain featured the tobaccos. Prices held around the highs through the session although trad-

“ing slowed down from the early

pace. Business news was hot as favorable as yesterday but traders ignored this news. Steel operations were estimated at lower levels for next week in the principal areas and experts said a break was probable in the four-week advance in the nation’s steel operating rate which 1 be available Monday.

mow-joxzs Soe STOCK AVERAGES 30 INDUSTRIALS

rE Week Month Year or

High, 1938, 134.35: low, 98.95. High, 1937, 194.40: iow, 113.64. 20 RAILROADS Toda Yesterday

, 1938, 32.33; low, 19.00. High, 1937, 64.46; low, 28.91. : 20 UTILITIES

High, 1938, 44.42: low, 31.10. High, 1937, 69.67; low, 38.87. \ 8 2 =

Week 's Business At a Glance

AUTOMOBILES—Ward’s Automotive Reports—Output this week 57,500 units vs. 56,900 last week and 97.710 year ago. : BANKING — Federal Reserve — Gold stock this week $12,794,000,000,

a up $13,000,000; excess reserves $1,-

- figure of 53.9 per cent previous week |

‘and 107.2 yar ago. gas! « street: Week ended March 29 food | Equity Cp

‘Manufacturers Association:

560,000,00, unchanged; brokers loans off $33,000,000; circulation up $4,000,00; ratio 805 per cent vs. 80.5 last week and 80.5 year ago. - Dun - & Bradstreet: week March 30 bank clearings $4,505,667,000 vs. revised figure of $5,187,752,000 previous week and $5,762,202,000 year ago.

~~ COAL—National Coal Associa-

A. T. & T. Holds Gain|

(U. P)—|T ks extended yesterday's rally lay on rumors the Government :

N. Y. Bonds

By United Press BOND PRICE INDEXES

Hato So

woes RSB2E3: ROPOID od

RSRISVIRSSH

~~ 0000 eh od OD Tl ibn w7 OC 1 $C a3

936 low .0 ut 103.5 1 unt. 1938, Standard Statistics

10 MOST ACTIVE BONDS Net Month Year . Close Change Ago Int Rap Tr 5s 66.. 48 +2 56 Allis Chal 4s 52.... 99% +11 104% South Pac 4s 49.... 41 +434 .... 22 51 98% 1047s 51% 89%

Chi NW 43%s 49.... Penn P&L 4'%s 81.. South Pac 4%s 81. . 37% +2% Leh Val RR 4s 2003 16% +3% 22 os Chi Burl Q 4s 58... 933% — 1 101 109% Goodyear 58 57 101% — 3% 104% 104%s

Transacting approximately $4,880,000 against $4,713,000 a week ago.

U. S. GOVERNMENT BONDS Treasury Bonds

: cvssesess) 3%as 1949-46 .... 4Yes 1952-47 2%s 1051-48 .. 3lss 1952-49 .. 2%2s 1953-49 . 2%s 1954-51 .

Farm Mortgage Bonds 103.26 19: 25 104.8 103.4 103. 4 Home Owners Loan Bonds 1952-44 103.15 103.15 FEDERAL LAND BANK BONDS sk

3s July 1955-45 3 ra 1956-46 . 1956-46 . 3s Mey 1955-45 . y 1946-44 . : May 1958-38 4s Nov. 1958-38 i DOMESTIC BONDS gen

10%. 25 4.3 103; 4

103.15

102%

Low Close Abitibi 5s 53 (M) 40 a2 50% 112% 103Y490%2

3 93 s 100% + 72

23 19% 15% 125%, 100%s 20 Can Pac deb 4s perp .. Cen Pac 55 60 . Chic Pl ref 3s 49 .... Bur Qu 5s 71 9 Cni East Iil 25 5s CM St, P gen Ch re P&P = $000"

6 43%,

Clev Un Ter 5s 73 .... Clev U Ter 458 17 .... Cons Oil 3%2s 51 Cons Edis 3%2s 36 .... Cons Edis 3Yas 8 ..... Con G NY 42s 51 .... Consu Pw 3%s 70 .... Contain Cor 6s 46

— bes CO +400 60 = 1b D1 14 © CI CI BI GI ibs 100 O TW OD

5s vee 82 hil Rd Coal 6s 49 re Philipeine R 4s 37 Port G E 4l%s 60

So Pacific 414s 81 .... So Pacific 415s 88 ....

uhber f Whbash 5's A Wabash 3s D 80 Wast Uni 5s 60 Whee] Stl a1 86 FOREIG Argent 4's T1

Australia 5s 55 Brazil 615s 2h 57

tion—Week March 26 bituminous Ch

output about 5,360,000 net .tons vs. "11,368,000 year ago.

CONSTRUCTION — Engineering | x

News-Record—Awards this week $37,109,000 vs. $49,149,000 last week . and $34,678,000 year ago. ELECTRICITY—Edison Electric Institute—Week March 26 electric output 1,975,239,000 kwh, lowest for any full week since June 6, 1936, vs. -2,017,653,000 previous week and 2,200,143,000 year ago. FAILURES—Dun & Bradstreet—

Service:

ended Feb. 5 vs. 74.5 previous week

Dun & Brad-

index off 2 cents to $2.44 vs. $2.99 year ago. Iron Age: ‘Week March

I 26 capital goods activity 53.5 per I "

cent of 1925-27 average vs. revised

and 90.3 year ago. LUMBER — National Lumber Week ended March 19 output of 522 mills 175,540,000 feet vs. 177,616,000 by 539 mills previous week; shipments 200,382,000, heaviest since last Oc“tober, vs 183,965,000 previous week; ‘booked orders 192,476,000 vs. 192,313,000.

Norwav 6s 43 Peru 6s 69

Curb Stocks

By United Press

ne"

1 Ja

Net Close Change 27% + 3% 75 St

Aero Sup B Alum Ltd

-8 + 4

8 a

ph Ba

CO Pn CD 4 COO 1b

fot bt See gues

at Ges

RE FHF hE ERE HEE

nN o 2 ty

aaa

rs Ton 09) a Ld

“2 Goo oa GO Fo SON IA 001 OCI Wis bt i. a»

2% > an 2 pt

B) = =D) cp DITA Us y ou RRB i SRS Be av a

% Saat

| Segal Lock Sherwin-W : Singer Mfg .... sta. ¢ oil Ky vee Technicolor .. Tilo Roof Un Lt & Pwi A Wight Harg ..

NEW YORK ST 'OCKS

By United Press

POOR NOY GI : - ©

at W 1pf. Am Woolen . ..

Tack .. Auburn Auto . Austin Nich ... Aviation Corp .

Cal Packing . Cal. Packing pt. Callahan Zinc .

Case J 1 Caterpillar 33% Cat jerbile Tv of 10 Cela 107 Gelo Tis

iy hi Mail Sar 10 h M StP&P . h M StP&P pf 1 Nw Ry

h & 8 hi & Nw Ey of Tot Bs

& Aik Gol Broadtast A Bi Colum G Col Biot: os ‘vte Col Pictures pt : Com Credit Com Inv Tr... 3 Com Solvents .. Comwlth Edisen Pt Ly

Cutler Ham

. 20% Ya 9

Deere or Co -..

ver DB 78% . 21% 53

nt LL. 997 Bu Pont of .. Ho

East R Mill ... 4; East Kodak ... :

Elec Boat Flec&Music Ind Elec Pwr &

St Pat E Paso Nat Gas 1914

Pu . Eng 2 S 5 pt . 40 Eig Baz “va 1% rie . cane 5 2Ys 3%

Eureka 6%

Evans Prod =

Pair Morse .... ed | Lit ed Mo

Pe ¥

Mach _ ... roster Wheel _. 13% Freept Sulphur. 2ie

= Be

137; % 128%

9 5% 0

fd fork

Pet bet pd A BD BS ebb CORE

Net Close Change

LN Ca on © RCN SAS aan aE Neee ©

mi ARID NN

ars ~ = BNR

ad 3. = a, BNR aR a

—F—

DHE EEE EE EE 3 pes DN soe

fs Bs

FH on BEE

. . . .

. .

bh paooaaRandaannay

Bes HHH HE

Pod nh nt ND hoe fu nd fb © oP

BI J+ =300 OD ON vb» BD S ®-

iit

[4 A+: HEL HE HEHE + HEE

HD: pa =~ =

8-3 Hisense + Pr ET cB lB

+4000 CO vba bb

. . eat gan —- BN _ ee Op Ee Ewe Sorreivs vs PCTOCHE = i = XN FPS

a» ht] FE EERE EE HE EEE HEE EE EHR ERRRE ER RHEE HEH ar : : : rh

Moto Hudsn Bay Min 23% 4 il 1, | Ill Central

Se SW SINE S

‘High U S Steel ..... 431% Chrysler 2% Yellow Truck N Y Cent Anaconda Cop. 25%

Beth Steel Int Nickel Gen Motors ... U ‘S Rubber ... Radio Crrp Am. 5% Cons Edison ... 193% Kennecott Cop. 31% Amer Radiator. 10% Rep Steel

43 29 25

re. 46%

Low 2% 40 1056 1112 243% 30% 30%

27% 41%

Stock sales approximated 000 shares against 1,380,000 shares in the short session a week ago. Curb stock sales were 92,900 against 272,000 shares a week ago.

15 MOST ACTIVE STOCKS

Net

Close Change

+ 1%

15% 9% 1%

Grav yc bE oun: t Sug ....

Hall Pout asses Harb-Walk .... 18 Hat Cor 5. 1%

Hayes Y eeee Hecker Prod ... 5%

Hupp

ees 734 nd Rayon .... 15. Inland Stl .... 60 Divan Cop’ . 9Y rT RT ..... 3% Ha Ir veo 8%

I Band ‘cr Coal. 18’

| 443, 84

Jewel Tea Johns-Man

‘Kaufmann DS : 12% Kayser Jul .... 107% Kelsey-Hayes B atid

fs E Lig Carb cusses 14 EW'S ........ 36%

Dent St .. Distillers Enamel .

Tae co 58 BONA bb apa aC n 52

Bh pt fh DD pb

o Am Avn No Pacific .. Norwalk T

11 23%

lev otis Ste owens mo Glass

Pac G & El .. pacific Ltz .... 33 Pacific Mills .. Ww oil

> AINNO Te

hh SeRSSESSEE

Pathe os Patino Mines ..

oy wD hwo

Reo Mot . Republic Stl... Revere Cop .... Reyn Met

oy es LL

8 nar DONT IWR DI -INIWWR QUT

High Low

15% 9 1%

5% 18°

ESRERS

443 8234

dd ed pb pd

bpd NY

10%

32%

Sota

Net Close Change

15% 9

8 CO bt CJ a xO

CINV-I HNO IDI =~JWRDI=~ILI VLIW DUTT -_- NP >

[od BID) LI

FINN FS

DIA Bb dled pC

bpd ADI

bps Or SRS : : : FERRER HERR RER EE EE EE HERE R RRR RE EFR EERE RRL FREER EERE HER EREE

11H H+ Toes

I = *

EL Oh co tc a J EE FEHR

+ 1%

= Se

= PC as »oN

03 a

FREESE

= a DDIM - a

SCION SCX

. . . .

8 >

—- Pr

- ote res 3

£9 03 © 98 - Fee WSNERSSR

CID

“

To . 0a ere 1.0 PFA

Lo - BRERIER

83 83. es ik FEE,

- SNR

DI % - Sass SIP A =

Coed SR

Cent - | Home T&T FtW: 1% Hook Drug

nl <=

High cove. 20@

a eaRDNSon &XFR

83 ed 3;

@ ook Boo 300 D1 ie rt 0023-32300

a Non FESSERSER Fa

BN - >

Union B&P .... 8% Union Carb . | 64% Un Oil Cal 18 Un Tank 03 Un Aircraft Cp 227 Un Air Lines .. 8% Un Biscuit .... yg

"Breleht’ 1 sum .. 59 69% al 85% "56% .. 43 . 9912 41 1

FEHR HERE R RR E FERRE HEE HERR R ERE EE HERRERA 0) 8 | . . » ; : i

Vadsco Sales oe Yahadjuh Va-Car 6 ot.

5 Ys . 13%, 13% «19% 19 Wem 2 ) 15%; 1f . 33% 3 5%

wow Het

DHHEERERE HE BERR HE «BN » BD -t . = .

a Someon D aR ESE

9 2%

... Be

Ww 1 . 29% . 12%

coos 19% 3%

12%

110%; 3%

« Chicago Stocks

8y United Frese

+H HHH -

Zenith Rat Zonite

ow Close 2g 2% 48 8 4%

Advance Aum . Am Pub Serv ot Armour & Co Aviat & Tr . eri ee ergho IEW ocessee Borg WATNEr ccococenss C1876 Brown FEW 1liciiees 6 Butler Dies » ,e

vseens.

18% 8%

U Goldblatt Bros ... Gt Lakes Dredge Harnischfeger ..

Heileman Brew .

I Cent RR Jarvis W oe Jefferson a £3

sesevssnce

Manh-Dear : 5 Merch & Mig A riveree. X08

dl U Nor an Penn El Sane A... Penn Gas & E A.. Serrick Corp EB _. Signode SS cm pf S L & Poof... Stan Dredging as Stan Dred pf Swift & Co FEE Utah Radio ox Prod Seve

-I03 DIDI 400 6) 4 (0 a ed

Wis Zenith Radio . 10 NYNHH cv 6s 48 ... 16% 16%

BANK STOCKS

Bid - Asked Bank of America . Bank of Manhattan nian 21% pankess Trust k of New Brooklyn Trust Central Hanover seston oe . 268 “se i®se0sse000ss0cce my 2 is Commercialy «..oooessconca....128 Continental Corn Exchange

pire pirst National ty =...

henusssssame.s 29%

rving Manufacturers esevncssesseses - 30%

National City . New York Trust .

ublic Title Guarantee .

LOCAL ISSUES

(By Indianapolis Bond & Share Corp.) The following quotations do not repre. sent actual bids or offerings. but merely indicate the approximate market level based on buying and selling inquiries or recent transactions. BONDS

Bt Amefican Loan Co 5s 46.51... Citz Ind Tel (TH) 4%s Gitz Ind Tel iw Shes 05. H Tel & Tel Ft W W 6s 43... jd asso Tel ye 65

ind Railwa; tac 5s 97 Te

Asked 98

Mun Noblesville ML& Ohio Tel Service Pub Tel

Trac Term Co $8

Belt RR St Yds COM...se.euss BO © Belt RR 8t Yds fd ....... 2 Ind Pwr 7% ptd saveses : 10 fd. 50 Ind Mich ia - c n Serv nfd nT, ind Ba El Cho 8% 2 ave - 43% ni ols as r & Lt pfd 6% ..... ndpis Por 6? ge : Line Na at Life

| handyweights to $11.

A Packin

» | Lambs—

Week clearings ...... A Weel ng

| FOREIGN EXCHA

Porker Gains e

Leveled Here; Top at $8. 80

All weights of hogs dost Friday's gain in a 10c lower trade today, according to the Bureau of Agricultural Economics. Again, however, several lots of strictly choice light and medium weight offerings were marked 5 to 10c above the established schedule after sellers tried to hold the price list steady on all“weights. Included at the premium sales were 40 head of 210-pound averages “which reached an extreme top of $8.85. The practical limit was $8.85 on 210 to 220-pound butchers. Packing sows were scare and quotable nominally steady within a range of $7.25 to $8. Except for a slight loss in fat steers and yearlings here this week, the cattle market shows little change. Beef steers and yearlings made a relatively strong showing as most major markets reported substantial declines.

Increased: tonnage of beef in the |

run resulted from the larger proportion of fed steers in the crop and tended to slow the trade in steers, but all killing she stock moved actively on every sessigff and heifers closed the week on the up side. . Most principal terminals show losses in steers and yearlings despite reduced receipts but the live market has been fololwing the dressed market closely and leading Eastern wholesale meat markets report a slight improvement in prices on Wednesday and Thursday. Choice steers this week reached $9.75 with numerous loads of various weights from $8.75 to $9.25. Best 718-pound heifers made $8.75. Vealers scored a 50c advance to send Demand for stcokers and feeders dropped off as the fat cattle market did not encourage country feeders. Most lots of fais to good replacements went out at $7 to $7.75, with well bred yearlings quotable higher. Today's sheep and lamb trade was nominally steady. Compared with the close last week, fat lambs are steady to strong, with the late extreme tcp of $8.75, 25¢ higher. The week’s practical limit was $8.65, paid early for best wooled lambs. Good to choice shorn lambs reached $8 early, with the late bulk of good to choice offerings $7.50-$7.75. Wooled 80-lb. yearlings made $7. Slaughter ewes were scarce and show unchanged at the week’s bulk of $3-$4.

Vision. HOGS 2 a seesurianigins

» ®0c0sssccisebbesocsrgee

+s900c00s000bv sess as 0s

31, apr]

©N NOVO iD DOOD 35 88335

L i Barrows and Gilts—

1140-160) Good » (160-180) Good

choice choice . choice . choice. . choice. . choice. . choice. .

» ® am on

-3 QOUIO oOo

(220-250) Good (250-290) Goed (290-350) Good : Fows J

D ) Good.

sessile sevesee

09 GID

=300 3-3-300 0000 00000 MC

(275 300- as

(425 ) Good (375-580) Medium Slaysnier Pigs (100-1 ) Good and choice.. Medium

*seeessose

TIPS DOD

A —Receipts, 25— (750-900) ne een

(550- 750)

3 wn oa S

1750-900) Go (550-900) Comamon ...

All Weights— Good .

fom utter and ‘cutter ....: Bulls Yearlings Excluded . Goo

d (bee: (All wei h to Mediu Cutter oY 1 Medium

(All weights (All g C

weights

medium —Receipts, 25— (250-400) Choice Good

Cull an

ane ou oO

ss00e0s00000

(500-1050)

Common Heifers— (550-750 Goud and choice . Common medium SHEEP AND LAMBS

. —Receipts, 25—

eresernes

mm Panipw Os O-IMUNOO OU OUVMOLOO 99 9900 990 DI BH ON Jel JUIOOND OP OOOO

Choice Goo ve Medium . Common

Ewes— Good and choice Common and “medium.

CHICAGO, April 2 (U. P.). —Hogs— ceipts, 6000, including 5500 directs; nothing done here today; nominally steady. Cattle—Receipts, 100; calves, none; market steady; fat steers and yearlings 15c to 25¢ lower; stockers and feeders weak to 26¢c lower; fed heifers steady to 25c lower; COWS, stegdy to strong; buils, 25¢ : vealers, up: top Rime $10.25; best ht steers, 9. 75: be ngs Sans, heavy heifers, $9.25;

. 7000:

light

op, 15; $7. 35@8; top slaughter

FT. ANE. April 2 (U. P.).— Market, 10 cents lower; 200-22@ 1bs.,

ee! cH ed lambs, or, $5.25

Hogs— 385: 22!

120-140

1bs., $7.50;

ig , $8; roughs, stags, Shs

$10.50. Lambs,

YETTE, Avril 2 (U. 0 wo 20 cents lower: 00-220 Ses.. 8.70; 220-240 lbs. [email protected]; 210si 3000 49; si 5 vi LE $8.10@ i S..: 3 down; roughs. $7.95 dow. Migs, #2 ~ Calves, [email protected]; Jambs, $7.50@8.

U. S. STATEMENT

WASHINGTON, April 2 (U. P.).—Govai Lg comparad with a vear Rn March 31

This Expenses $5,876,045, 774.10 5 356.063 140.33 Gross Det. “ae 357, 1 3 10g, ye sari7 | Lig Net Def. I. 799.724.314.30 1.713.360.087.17 Work b Dept.

‘$6. wide

1,388, 700,394.7 994, 815,983.23 Pu 31. 338. 302,154.55 35 1728,244,042.41 Gold pes. 12.79 4.366.095.13 11,573.731.221.47 Custo! 290,471,253. ost ' 352,137,19.19 Today's Gold Cert. increase: No change.

IANAPOLIS' CLEARING HOUSE

Clea in De!

,000

ANGE

k debits

NEW YO April 2 (U. P.) ~—Forelgn exchange steady. HE Net England nd) Eng. {80-. bitrates *4 Canada nce - ( Fane) vere

senses

4.30 1 . : 3.140:343348 63 1,825,728.301.77 $1

FIRST REPORT TURNS WHEAT UP FRACTIONS

Corn Follows Trend With Slight Gains, Exports “Light.

CHICAGO, April 2 (U. P)— Firmness in Liverpool and overnight frost and freezing temperatures in the Southwest wheat belt turned wheat prices upward today on the Chicago Board of Trade. At the start wheat was % to 3% cent higher, corn was % to % cent higher and ,04ats unchanged to % cent higher. 7 Kansas, Texas and Oklahoma points reported freezing temperatures last night but at many points in Texas it was indicated that because of good surface and sub-oil moisture conditions damage might be less than expected. Buying was moderate on the weather news, however, most traders apparently wanting to wait further developments before making new commitments. Shorts made a covering move today in the Liverpool movement and this action was chiefly responsible for the rise in British wheat prices. Corn followed wheat in sympathy with the leading cereal. Buying by export interests was light since little foreign business was reported overnight.

“CHICAGO GRAIN

RANGE +3 Low + 380 + 3 81

33%

Close $ 80s Sept. canescens 81% Corn— “eas ves 1% 1% sssscese 2 ‘62%

» eccecsen

28%

: 5, fo 27% 28

.28 28%.

641: 62% 61

M ay 99% u oe i

CASH Dy April 2 (U. P.).—Wheat—No.

He 2 mixed, Se 3 mixed, 0

834c; No. 3, , Cloversood—Red, Cash Provisions—Lard, Do $7.55 asked; leaf, bellies, $10.62 1 62 nominal.

LOCAL GRAIN

CASH

Wheat—Market, weak; Tecoipts. one load; No. 1 red, 81@83c; 2 red, 806; No. 1 hard, 80@8l1c; No. ‘2 hard,

c Corn— arket, steady: Jeceint I= No Keita 49@ BS white

7.50 Pomnal:

7 Mh@

. 4 yellow,’ ; No. - Re 5

; SL oads; white, loads: 5% @28%2c.

ARGENTINE GRAIN . | BUENOS AIRES. APY 2 (U. P.).—Grain futures opened Wheat—=April, 99%c, unchangots M ay, o 00%, vi May, 65%sc, unchanged: Jac, unOats—April, Silie © unchanged. pril, $1. 2 78: unchanged; May, Finchange

LIVERPOOL POOL WHEAT

(U. 5 Equivalents based on sterling at $4.95%.) Pre Close

$ .99% 98% 98%

changed. i Svie

July October \. 99 987 98% ro WAGON WHEAT City grain elevators are pavine for No. 2 red, 7c; other grades on heir] merlts.

Cash corn new No 2 vellow 45¢c SS —————————————————ES———————

INVESTING CO.’S

(By ‘the Inv. Bkrs. Conf. Inc.) Bid.Asked. Bid.Asked. 9.89) Ins Co Del 1.00 1.50 3.62| Invest Bank So 17.87] Bm Bl 3.00 4.00 9 2.98 .60 3.75 5.25 2.05

13.11 .40 20.50 11.37 3.50 19.00 58 2.76|Mu 2 50 Nat-W sec 2.32 Fie vt .96 1: ....| Natl Inv 4.15 4.42 .«.|N Eng Fd 9.73 10.46 , x ¥ Stocks Inc.

Agri C g El Eqt »

3 Fd Inc 12.26 Bi Type .2 Brd se 19.1

UBIO

N-InwW

Divi Shrs’ 1.06 Etn Rad 1s 36 15.42 r 22.00 25.00 i 03 18. 18

Tr eraaaannag’ et Damon

OJON IO DI i =4WW3 Quusoabhan ian.

ey Te A I Ra RI INYO °o —-

” Gen orp 2414 2. 3 26. a Gn Inv Tr 3.6 nr Group Securi ities gl B68: gric | ” a p Auto 38 85 Bldg 91 } 0] »” C hi 95 ” . 10 Super AA 2 .58 BB .80 Supervised 19 Tr St In C

Food Inv Shrs Mdse

D Oil A

= = pS U tt ad but dof iF NY BD

“IC 21s 03.00 1s TID CT) bet ht Ty 1 SRBRRRSRTH3SS Sa T RTE ee :

Hu Cp .31 .65T Ln aD Inv 14.24 15.31 UBmae A10. 2 Inst] Securities, Ltd 1.28 Bnk Grp .93 1.03] ” ae .66 Ins Gro 99 1.10] well rd 10.75

CHICAGO PRODUCE

Eggs—Market, steady; receipts, 36,613 cases; fresh raded firsts, c 17%¢; i than cars, 1c; extra hs cars, 18¢c: less than cars. 17%¢c; dirties, 14}2c; current receipts, 153%c; SEHecks, 14c; storage-packed ae 18%%c¢; storage- extras, 18%c. Butter—Receipts, 7 market unsettled, score), 27Y : @22Y2C; £sts, yin seconds, 23c; speci cials, 29% @29%c: standards, 271, @27%c; centralized (8 score), 26c: cenéralized (88 score Potatoes—Su pplies, ‘moderate; demand, ha 4 Idaho Russet Burbanks, $1.504 1.60; h Dakota Cobblers, $1.15; North Dakota North

Orly Ohios, $1.15; Biss Triumphs, $1.35; sin and Minnesota Green Mountains, $1.1 : plie es, moderate; RAE. steady; (track sales less Florida. Bliss Triumphs, Texas Bliss Triump

sgaTT vals, 71; on track, 240; shipments,

LOCAL PRODUCE

Poultry—Heavy breed hens, 15¢: Jorn hens, 12c; heavy broilers, 1v02% ‘ 20c: Legh om rollers, 112-2% 1bs., ; old ‘roosters, s—No. 1 tasiy fresh country run

then’ carlots) Dunes crates, $1.50;

ibs. gross. madd full case under 55. 1bs. will nis

ter—No. a0; No. 2. 28@ 28700 Muttertat-—No. . 26c; No. 2, 2c.

aera Phe; Pa 31

COLLEGE TO CLOSE BATTLE CREEK, April 2 (U. P). —Dr. John Harvey Kellogg, internationally known food manufacturer, said today that Battle Creek College, of which he is founder and president emeritus, would be closed next Sept. 1. The announcement said the cole lege of 400 students and 29 faculty members would be closed “for one year,” but it was indicated it would be re-opened later as a health

|| center, not a college.

{BUREAU STATES

‘PUNCH BOARDS’ ARE USED HERE

Candy Co. Ordered to Cease By FTC; Devices Sent In From: Chicago.

Widespread use of “punch boards” to sell merchandise here was reported today'in the monthly bulletin of Ye Better Business Bureau.

Most of the Hevices are mailed to Indianapolis from Chicago, the bulletin said, and are used by concerns dealing in such wares as radios, cameras, candy and smoking sets. A local candy company, the bureau reported, recently was given a “cease and desist” order by the Federal Trade Commission in a drive against this type of selling. The commission’s contention that use of “punch boards” is illegal has been upheld by the U. S. Supreme Court. : Using the mails to distribute lite

ose | erature, “punch board” companies

usually offer prizes to prospective users, the bureau’s bulletin said.

THREE-RING GIRGUS IS COMING EASTER

Hindu Animal Hypnotic Act Tops Attraction List.

The Hagenbeck-Wallace circus, with three rings and a double menagerie, is coming to town Easter Sunday. First circus of the season, it is to present afternoon and evening performances both Sunday and Mone | day, April 17 and 18, at the Keystone and Southeastern Ave. shows

grounds. . Topping the list of attractions to be offered will be Blacaman with his Hindu animal hypnotic act, appearing for the first time in this country. Without gun, chair or whip, Blacaman is. to send his lions and crocodiles through their paces. A troupe of 50 clowns is to be led by Bo-Bo, who is Chester Barnbtt when he oisn’t playing under the “big top. ”» Other circus attractions will be Poodles Hanneford, with a new equestrian ballet; Mickey King, girl aerialist; Cheerful Gardiner and his 26 elephants, and the Jim Wong troupe of Chinese acrobats. Tickets are to be sold at the Haag drug store in the Claypool Hotel, Illinois and Washington Sts., and -at the showgrounds.

OLD SLANG REVIVED BY TEXAS GOVERNOR

AUSTIN, Tex., Apri) # (U. P)— Texans are proud of their new slang retort, which seems destined to become a part of the nation’s ine formal vocabulary. It is: “When the dogwood blossoms in East Texas.” It is used as an answer meaning that a time is ine definite or may be set back succes= ‘sively. The phrase, originally used seve eral decades ago by the late Gov, James Hogg, swag revived by Governor Allred when he was harried for a statement on whether he would run for re-election. And lin the meantime, the dog-. wood has blossomed, but the Gove ernor has kept: silent on his plans. {

DOG' TAKES OVER | CATCHER’S VAN

CARMEL, Pa., April . (U.P)—A ferocious shepherd dog turned the tables on Walt Bennett and Sid Wilson, drivers of the dog pound wagon for the Society for the Prevention of Cruelty to Animals. Wilson noticed: the dog on the street and opened the cab door of the wagon, whereupon the dog jumped in with such ferocity that the two men jumped out, slamming the door behind them, and leaving the dog in possession of the driver's seat. The dog kept the two men at bay for an.hour before they suce ceeded in getting it to retreat.

5 TO DIE FOR OLD CRIME MOSCOW, April 2 (U. P.).—The Soviet purge continued today with the sentencing to death of five men for a crime committed 18 years ago. The Armenian Supreme Court condemned the five for shooting of the Armenian Bolshevik leader Kukas Gukasian and - eight come rades in 1920.

F 00D PRICES

CHICAGO April (U. P.).— A Michigan, Meln osh, "0101. ®. Swee - bushel hagipers,

tatoes—Ten 20@30c. ~,

lifornia, hampers, $3. Cele —Florida, crates, Ra35@2. 65. Onion Market (50-1b. sacks)—Michigan Yellows, 754 83%c; Oregon Yellow Danvers, 90c@8$1.40;

Minnesota Yellows, wn. 10.

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