davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-04-13
Rate by Mail-Payable in Advance.
MARYLAND and Virginia.
All Other States and Canada.
Member of the Associated Press.

The Associated Press is exclusively entitled
patches credited to it or not otherwise cred
ited in this paper and also the local news
published herein. All rights OF publication OF
speciaI dispatches herein are also reserved.
Evening star., 1932-04-13
Rate by Carrier within the City.

The Evening STAR. .45c per month
when 1 Sundays ........ 60c per month
The Evening and Sunday Star .
Cwhen Sundays) ......... 65c per month
The SUNDAY Star ........... SC per copy
COLLECTION made at the end OF each month
Orders may be sent in by mail or telephone
National 5000.
Evening star., 1932-04-13
Faramounl Consideration.

There is no reason why We should
Be frequently made SAD
BY various Intentions good,
Expressed IN grammar bad,
For In this day ef mighty biz.
OF grammar there's no fear
For any one who proves thst his
Arithmetic k clear.
Evening star., 1932-04-13
THEODORE w. MOVES. Editor s
The Evening Star Newspaper Company

BuslneSS Once,
1Ith St. and PENNSYLVANIA Ave.
New York Once: Ito East 42nd st.
Chicago once: Lake Michigan Building.
European once: IA Regent a., London,
England.
Evening star., 1932-04-13

Dis new gas filin' station" said
Uncle Eben, rs mighty neat an hand
seme. but II am no place fen playin
checkers like a good old-fa4hioned livery
stable" y
Evening star., 1932-04-13
SHOOTING STARS.
BY PHILANDER JOHNSON.

Slumber Song.
When you have troubles that involve
some calculation deep
And make you fear that soon you may
be walking in your sIeep,
Go tel EN- to your Congressman. En-
tighten him until
He shows his sympathy ana says he'll
introduce bill
And when the bill is introduced it
makes little bow,
Then gets acquainted with the crowd Of
others, which till now
Have vainly waited, while the months
went drifting on their way.
To get an opportunity TO have their lit
tie say.
What you have told your Congressman
you fear has been forgot.
You call again and feel that you would
Ike to say lot
But he takes 1t from the pigeOnhole and
puts It on display
It joins the chorus with The other bills
that sing Some Day
Evening star., 1932-04-13
The GIorifrd Gsnrsier

Whrn for ride hes singled out.
No sorrow does he know
he thinks shout the flowers. no doubt
His funeral viii show
Evening star., 1932-04-13
Some Difference

Il am very much interested in Marx"
ssid the man who attaches Importance
to his opinions.
Which Marx" inquired Miss Cay
tnne kari or Harpo?"
Evening star., 1932-04-13
PAVHHnt

DO you agree that u is the woman
phO pays and psYs2" asked the lady
gith q notsb0ok
No" answered Senator Sorghum
"fts the ultimate consumer
Jnd Tunkins So rs the farmer might be
little batter m II some NJ the high
grade paint on the roadside advertising
could he put on the barns.
Evening star., 1932-04-13

No one is 20 often and so easily
catfitsd" said HI Ho. the sage of
ca hatovn. "as one who makes it rule
~ aeiisys nothing"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06
Bank CIearings
INDIANAPOLIS STATEMENT

INDIANAPOLIS STATEMENT
Jan. O.
ClearlngS oa oo0 ~
Debts .............'-... o,9G isoVo'oV
TREASURY STATEMENT
Jan. g.
Net balance for Jan. 40. $472, 241 500 .09
Expenditures .......,........ lI,Ul9, Eau -
Customs reefs. mo. to date. 400, 687.81
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06

movie heaven and set as quickly.
Today, Irene Rich, is we'll known
and as popular as in the first days
of success.
In addition to the act which Miss
Rich will present at the Lyric there
are five other RKO Vaudeville at
fractions on the stage bill, in ad-
dition to tx Marks the Spot" a
new Tiffany production, featuring
story Of newspaper life, with cast
of notable screen players including
Lew Cody, Wallace Ford, Sally Blain,
Fred Kohler and Mary Nolan.
indianapolis uptown theaters to-
day offer: ''Dr. Jekyll and Mr..
Hyde" at the Circle, Charlie Davis
at the Indiana, Delicious" at the
Apollo, "Mata Hari" at the Palace,
What Woman Wants" at Keith's,
and Koran at the Lyric.
Neighborhood theaters tonight Of
fer: Ambassador Bill" at the
Daisy, Friends and Lovers" at the
Orpheum, Murder at Midnight" at
the Hamilton, The Brat" at the
Princess, Son of India" at the
Stratford, Common Law" at the
Emerson, "Heartbreak" at the Tai
bolt, at the Granada, and Irving:
yellow Ticket" at the Belmont, An
American Tragedy at the Tuxedo,
Platinum Blonde" at the Tacoma,
Pagan Lady" at the Garfield, Run
around" at the Fountain Square,
and The Cuban Love. Song at the
Rivoli.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06
PORK MARKET
MOVES UP ON
FIRM DEMAND
Not Much Change Noted in
Cattle Trade; Sheep
Strong.

Firnler demand at the city yards
this morning forced hogs up IS to
Is cents in early trade. All classes
held their gains. The bulk, 100 to
300 pounds, sold for $3.50 to S4.65;
early top pegged at s4.65. Receipts
were estimated at 5000; holdovers
were 88.
Not much change was noticed in
local cattle conditions, most classes
around steady with previous sales.
Receipts were 500. Vealers held
steady at SO down. Calf receipts
were 400.
Dizziness in sheep trade prevented
the market from showing much of
a trend, but prices gave indications
of working higher. Receipts we're
1000.
Most bids and a few sales on hogs
at Chicago were steady to strong
with Tuesdays average. Asking was
generally to 10 cents up. Good
to choice 100 to 210-pound weights
sold for $4.25 to $3.50; best held
around $40 or above. Receipts were
10000, including 5000 direct. Hold
overs we're 5000. Cattle receipts
were 1000; calves, 1000; market,
Is cents lower. Sheep $4,000;
strong.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06
DOw-JOnes
Summary

Ciuett Peabody Company declared the
stock. placing issue on 50 basis. against 8
previously dividend payaole fep- i U
record Jan. 81.
Borden Company declared the regular
quarterly dividend Of IS cents on com
mon stock, payable March 1. Of record
Feb. Is.
Report of Lehman Corporation as Of
Dec. 81. shows net assets value OF So -
2os. sez' equal to 1864 a share on 1872 100
shares outstanding, against asset value on
June 80 of s74i7 on 673,400 shares.
New York cables opened in London ct
3.3624 against 3.3650; Paris, checks oo.o2a;
Amsterdam, s.375; Italy, 6o.2o, ana
Berlin. l4.2l7.
Net assets value of Continental Chicago
CORPORATION on convertible preferred stock
ent capital value Of $50 a share.
A. G, SpaIding g. Brothers and subsi-
diaries in year ended Oct. 81, 1881, net
loss s1,O11, 266 after depreciation, inter-
est, federal taxes and provision for de-
probation of foreign exchange, against
net profit of S1,635, 4S4 in previous fiscal
year, equal after dividends on first and
seconQ
on 349,11O common shares.
Tobacco Products Corporation declared
an extra dividend of Is cents and regular
dividend of 20 cents on Glass A stock,
both payable Feb. is, of record Jan. rs.
United Cigar Stores Company of Amer
lea, declared a dividend of 81 on preferred
stock, payable Feb. /, of record Jan. Is,
previously the company paid $3.50 quar-
terly.
Loadings Of revenue freight in United
States for week ended Dec 26, totsled
ceding week and s4702 from like week of
Stocks Of crude gasoline held by
United States refiners gained 100000
barrels during week ended Jan. 3 to 81
$50, 600 barrels; crude oil averaged 2,2O9,-
100 barrels daily, a decrease of $500
barrels, according to American Petrol
cum Corporation,
declared the regular quarterly dividend Of
621a cents on common stock.
Norfolk 81 Western Railway loaded 61,-
679 cars of revenue freight in December,
against 72,9l7 in December, 1880; cars
amounted to s,44S, against 1892 in like
period of 1880.
Brokers loans reported by New York
Stock Exchange at close OF business Dec.
81, totaled .313. a decrease of 142, 992,-
095 from previous month and new low
record.
General Cigar Company declared the
regular quarterly dividend of 81 on COM
mon stock. payable Feb. 1, of record
Jan, IT,
Southern Pacific Company carloadlngS
for Decemb Der totaled 1891 agalnst r. oS9
in December, 1880, decrease OF ~ S-lo DEF
cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06
Births
Boys


August and Clara Rupert, Methodist
Robert and Celestine Glassmeyer. Meth
Frederick and Sylvia Blsnkenhorn, l719
Charles and Helen Hall, Coleman hos
Charles and Evelyn Pullium. 1926 Paris.
Walter and Nellie Penick, $40 North
Emmett and Mary Kinney, s15 North
Joseph and Stella Ruble. 1887 Olive.
Girls
william and Bessie Kimble, Methodist
"C John and Lulu Garrett, Ills North
Joseph and Mary La Fota, $50 North
Don and Dorothy skyles. Coleman hos
pital. zen ,r..4
Claude and olovernice speck. 1914
Oral and Catherine BreedlOve, 1914
N1 Grimiee and Lena Taylor, 1882 South
Ni7 thurman and Ora cron. sss East Nor
leonard and Margaret staab, 1902
Roy and Evelyn Stewart. sls North Oak
land.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06
HIGHER CABLES
SEND FUTURES
MART UPWARD
Strength in Securities is of
Aid in Opening
Upturn.
BY HAROLD E. RAINvILLE
United Press STAFF Correspondent

CHICAGO, Jan. 6.-Strength in
stocks and firmness abroad gave
wheat a sharp upturn as the Board
of Trade opened today. There was
good buying and no pressure at the
start. Liverpool had a good de-
mand and was higher. Sentiment
was slightly more optimistic and
favorable to the buying side.
The reported large export sales
late Tuesday was a factor. Corn
kept pace with wheat with weather
still unfavorable for movement.
Oats were dull.
Early Prices Higher
At the opening, wheat and corn
were y to q cent higher, and oats
unchanged. Provisions we're slow
and steady.
Liverpool was slightly higher
than expected and at mid-afternoon
was g to Il cent higher. Not
few traders in wheat have placed
bullish conception on the state
ment by Chairman Stone of the
farm board saying that the only
thing that could help the present
overproduction situation was to
raise less wheat and dispose of the
surplus.
The admission that operating
pools and the farm board have not
been successful also was viewed as
bullish on grain although this view
is not new.
Exports Are Reported
Bullish sentiment was further
fortified Tuesday night by late
report that exports of 100000
bushels of wheat had been made,
mostly Canadian This was not
confirmed and was taken by the
trade with reserve.
Heavy storms over the corn belt
Tuesday are expected to delay the
movement. The demand from the
east has been light although the
progress of colder weather eastward
is expected to increase demand.
The shipping call for oats has
been far greater than for corn re-
Gently. Some export business was
reported from the Pacific coast
Tuesday.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06
Cash Grain
Jan, s.

Jan. s.
The bids for car lots of grain at the
call of the Indianapolis Board of Trade,
(: o. b. shipping point. basis 411zc New
York rate, we're:
Wheat--Steady: No. red, 1914 @501sc;
No. ? red, 4S1a@491sc; No. 2 hard, 4812@
4912c.
Corn-steady: No white. 2s@29c; No.
4 white, 27@28c; No. yellow, 26627c;
No. ( yellow. 25026c; No. mixed, esq
Csc; No. mixed. 24625c.
Oats-Steady: No. white. 22G23c; No.
Hay~steady: IF. o. b. country points
taking 2S1ac or less rates to Cincinnati or
Louisyille.l No. l timothy, $7@6; No. 2
timothy, $750G650.
-Inspectiops-
wheat-No: 3 red, car; No. mixed.
1 car. Total, 2 cars.
Corn (new)-No. white, car; No 3
yellow, 2 cars; No. yellow. cars: No.
3 mixed, car; No. mixed, car. Total,
IL cars.
oats-No. white. 2 car. Total. 2
cars.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06

COLUMBUS, Oh. B. Waters Com
pany was awarded an So, 900 900 contract
to build 200-mile highway for the gov
eminent of Honduras.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06
SAYS GIRLS WANT TO
GO ON THE STAGE
Irene Rich, Movie Star, Became an Actress After She
Was Forced to Support Her Two Small Children.

IRENE the STAR who will be paylet
the Lyric theae starting Saturday
Buffalo, Y where she lived until she about Is
At that time her people went out west AS most of the girls of her
entertainments
Always the the
right she that the desire
is universal among girls
happens out girls Rich
very young wife she very beautiful
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06
Deaths

Nancy Randolph, So. 14ls North Mount,
iOT Fannie he stapieton, s5. GIT Hudson, acute
myocarditis. 20,
place. chronic nephritis.
Joannah Broderick, Is, city hospital,
John A. Sweet. "A, Pleasant Run boule-
ward and Sixteenth, chronic myocaroitls.
Minnie wilson, "a, city hospital. cerso-
sp james Hearn. IA, Methodist hospital
pulmonary emoolism. .
Charles Swihart, "a. Thirty-eighth and
Dearborn, fractured vertebra-
Anna F. PAUL., SO. 425 North Keystone,
joyce z. Ryder, 4. Methodist hospital.
~. John Day, go. 1854 Central, chronic
~ charles Albert Karmire, 81. Methodist
Thomas Charleston, 81, l24 Smith, acute
William west, So. city hospital aortic
Mildred Williamson, 50, Methodist hos
pital, general peritonitis.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06

BOSTON-Lowell Electric Light Corpora
ton. unit of the New England Power
Association, placed stock on a $3.50
annual basis, against $3.50 previously
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06
The City
i'm Brief
THURSDAY EVENTS


Advertising Club, luncheon, Columbia
Engineering Society, luncheon, Board
American Business Club, luncheon, Co
Real Estate Board, luncheon, Wash
ingtOn.
Sigma Chi, luncheon, Board OF Trade.
Indiana League for the Hard of Hear
ing, IL a. M. Stokes building.
Caravan Club, luncheon, Murat temple.
The Rev. Jesse M. Bader, recent
ly appointed secretary of evangel-
ism for the Federal Council of
Churches, will speak at Wheeler
City Rescue Mission at 7:45
Wednesday night, before leaving for
New York to take up his new duties.
Arrangements for the annual two
day convention of the State Society
of Cosmetologists and HairdreSserS,
Feb. at the SEVERN, were made at
a meeting of the local group Tues
day night, Mrs. Jewel Edwards,
president, announced today.
Annual meeting of the Indianap-
oils Humane Society will be held
at Tuesday night in the society's
headquarters, 703 Inland Bank
building
"Epictetus" will be the subject of
an address by Paul hartman, chair
man of the program committee, at
a luncheon of the Advertising Club
of indianapolis Thursday in the Co.
lumbia Club.
Election of officers of the Brook
side Players held Tuesday night at
the Brookside community house,
gave Miss Caroline Brown the presi-
dency. Other officers elected were
Miss Jean Hopper, vice-president;
Rudolph Sedlak, treasurer, and
George Butler, sergeant-at-arms.
The parallel between ancient
Egypt and modern India will be
traced by Rabbi Morris M. Feuer-
LIGHT, speaking on Moses and
Gandhi" at the Indianapolis He
brew Congregation church, at Tenth
and Delaware streets, Friday night.
Boy Scout court of honor will be
held tonight at in Central Chris
tan church, Delaware and Walnut
streets,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06

WEST POINT. Ga.-The West Point
Iron Works opened under the name of
West Point Foundry and Machine Com
pany.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06
In the Cotton Markets
CHICAGO
NEW YORK
NEW ORLEANS
Building Permits

Chrystal Flash Petroleum Company,
tanks and pumps. $50 North Alabama, $500,
Capitol Ice and Refrigerator Company.
alterations and repairs. $4,000.
G. Paschall, dwelling and garage. 6059
East st. Joe, S. 100
F. NJ. bartholomew & Son. dwelling and
garage 55S7 North Delaware. So, $50.
L. A. jackson estate, repair boiler, 2430
PierSon avenue S225.
Standard Grocery Company. new boiler.
l123-25 Prospect. $500.
S. S. Kresge g. Co.. repairs, Il East
WASHINGTON $500
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06

when, a few years later, she found
herself with two little girls to sup
port, she took the first port IN a
storm and entered a real estate
Office in San Francisco.
One day, there came an oppor-
tunity to play some extra roles IN
pictures - and the remuneration,
which was the important thing at
that time-waS SIS dayl
Eventually, Irene Rich, her
mother, and her kiddieS moved to
Hollywood. Irene had made trip
down there as an experimental thing
and had been fortunate enough to
play extra roles all but three days in
the first three weeks.
It was then that she hustled her
family to the movie center. Ger
tainly as an Office worker in San
Francisco, she could not earn so
much! The idea of career had
not entered her head. The neceS-
sites of life were her concern.
Gradually, she began to be no
ticed; eventually bits and little parts
came here way; and in November
of her first year in Hollywood, she
was assigned to her first lead"
This was in her eleventh month in
motion pictures.
Since then, there has been little
to record except one lead after an
other, and then stardom or featured
distinction, meteoric rise in the
opinion of fans" And it is need
less to say that so far as Irene Rich
is concerned, the public has not
been tickle.
She has ..eld her own while
countless stars have risen in the
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06
81 United Press

fairly active: Long / = I'D. 85cds2.20 bar
rel: Idaho. s2.25G2.50 sack; Bermuda IS
dlo barrel: Maine, sl.6092 barrel; Can
ada. S1.40@l.50 barrel. Sweet potatoes
southern. baskets, 40G65c F1our-Market,
quiet: spring patents. S4.2oQ45o barrel;
Pork-Market, easier; mess, s1675, Lard
.054c Tallow-Market steady; special to
extra. 3931sc. Dressed poultry-Market,
steady; turkeys, 2293lc; chickens. lao
27c fowls. 1O@22c; broilers, 14G33c; ca
pons. 20mS6c: ducks. 1291ec; Long Island
ducks, Ice. Live poultry-Aarket, steady;
geese, 16623c; ducks. lS2lc. fowls, l7@
chickens, i4924c: broilers. 12627c; ca
pons. lsG35c. Cheese-Market, dull; state
whole milk fancy to specials, 1914 q l8c;
young America, 1915 @l5c.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06
In the Air

Weather conditions at 8 a. M:
West southwest wind, 20 miles an
hour; temperature, As: barometric
pressure, 29.75 at sea level; ceiling,
overcast, lower broken clouds, esti-
mated 1900 feet; disability. 20 miles:
field. wet.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06
Produce Markets

Eggs country runl-Loss of delivered
in Indianapolis, 22c: henery quality NO l.
'' Poultry Cbuying pricesl--Hens Weighing
lbs over I4c rdsE t his f asfi Leg-
AZ lbs and up. 15c; bareback, lie; Leg
horn T 'V broilers. Toe; spring chickens, lbs:
and up isc under l2c; old COCKS co rbe as;
nrices are are for No. TOP quality quoted by
Ki Rgtter & .wSSSolesalel-No. /. so@slc: No.
2 28D29c.
Cheese wholesale selling, price per
pound loaf, 2S7+cj paMenoo
horns. ice: New York liberger. SOC.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06
CHICAGO Stocks Opening
New York Liberty Bonds
claim Gas Theft Confessions

Theft of $3.50 worth of gasoline
from the John Jones Gravel Com
pany plant was confessed today by
Louis Pennamon. 2235 Northwestern
avenue, and Elmer Goodrich, 921
Edgemont avenue, employees, accord
ing % detectives.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06
ARMOUR BUYS GREASE
Price of Garbage Disposal Plant
Prnduct Lower This year.

Contract for the sale of grease
produced at the city garbage plant
was awarded Tuesday by the sani-
tary board to Armour & Co. of Chi
cago. The price was $1.313 hun
dred pounds, compared to $1.62 a
hundred pounds last year.
The board also passed a reSolu-
ton lauding B. j. T. Jeup, who re-
tired Jan. 1 as president and a
member of the board.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06
BrightSpots
of Business
BY United Press


MARTINS FERRY, O., Jan; 6;.SiE%tee teen
mills at the Laughin plant OF the Amer
lean Sheet and Tin Plate Company. United
States Steel subsidiary resumed opera
tions.
YOUNGSTOWN, O.-Republic Steel Cor
poration vi expected to place orders Tor
about 10000 tons of steel scrap within
few days in anticipation of higher melt
ing operations.
Observation-Disclosures for. public
and semi-pubIic works amounting to
SIO,s5I,O75 were let during the past
week, it was announced by F. Croxtop,
of the presidents organization on un-
employment relief.
PHILADELPHIA-Phi National
bank. largest in the city reported earn
ings for 1881 totalled $4754 145, an in
crease of more than 100000 over 1880.
ELYRIA, O.-Receipt of one of the
largest orders ever awarded to Worthlng-
ton Golf Ball Company assured employees
capacity operations.
WEST POINT, Ga.-Thc West Point
West Point Foundry and Machine Com
pany.
pany was awarded an So, 200, 900 contract
to build 200-mile highway for the gov
eminent of Honduras
BosroN-LowelI Electric Light Corpora
ton. a unit of the New England Power
annual basis, against $3.50 previously.
LOS ANGELEs-A 100000 automobile
and truck assembly plant will be con-
trucetd here by the Chrysler Corporation,
TaS o 1aay o date for sT
of construction was given.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06
BIZ United Press

CINCINNATI. @. 81, jan m. a smBgttsr@ to
score 21GS25c: common score discounted,
2@Sc; packing. stock No; l. ;S, No ao5 =:
Steady: cases included: extra frsts. 2lc;
firsts, 2oc; seconds, l5c; nearby ungraded,
19c Live poultry-Thin and coarse STOCK
sells only AZ heavy discount: fowls 3 lbs
and over, l5c; Leghorns, lbs. and over,
1Sc; roosters. &C.; broilers, colored, ! 10;
lbs and over, zoe; flyers. lbs; and over, over.
ers ID. and over. l5c; ia lbs. and over.
l5c; 2 lbs. and over, l2c; Leghorn stays
lOc; roasting chickens. lbs. and over over
lsc ducks, under 3 lbs. sell at liberal con-
cessions: ducks. white, 4 lbs. and over;
isc; under lbs. lsc; colored, 4 lbs and 9Ss
and over. Csc; under lbs. Tic; slips,
l5c; guineas. 1oc; turkeys. No. l hens,
10 lbs. and over, zoe; No; 1, old toms. lac;
young toms over is lbs, l6c; crooked
breasted, I0c; No. 2. 1oc; hen turkeys
under lbs. and toms under 10 lbs. sell
at liberal concessions; pigeons old, S1.O5
per dozen.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-06
BY ELMER G. WALLER
United Press Financial Editor

NEW YORK, Jan. 6.-Bears were
given heavy punishment in the
first two hours of trading on the
Stock Exchange today, the market
advancing so that at one time gains
ranged to more than 10 points.
Further impetus was given the
rise in the middle of the second
hour when directors of Westing-
house Electric and Manufacturing
Company declared a dividend Of
62l5 cents share on common
stock, unchanged from the preced-
ing quarter.
Wall Street had been anticipat-
5ng elimination of the dividend and
when it was declared Westinghouse
stock scared to "a, up 3s points
from the previous close and up Az
from the bear market low made a
few days ago.
Steel Common Spurts
Around noon Steel common was
at 80, up "a from the previous
close; Auburn Auto, 12894 from the
previous close; Auburn Auto, 1891
UP 9; General Electric, 231h, up i;
Case, IS, up IA; General Motors,
207s, up IL; National Biscuit,
40A, up ~; Du Pont, 50%, up
29s; American Can, 5812, up 3, and
Montgomery Ward, 81, up ia.
The railroad division was strong
with prices up l to more than
points. Atchison, whose dividend
was cut Tuesday to Sc annual rate
from $40, spurted to 809s, up Az
Union Pacific rose to 69%, up ~
New York Central 28B, up 2, and
F Chesapeake 81 Ohio %, up IA.
German Bonds Rally
American Telephone was car
ried up to 1l3, up 81 points, and
other utility issues made substan-
tial gains. American Tobacco 3
rose more than 2 points in its di-
vision, while Woolworth was firm
spot in the mercantile shares. Oils
held early gains and copper shares
also made small advances.
Commodities looked up with the
stock market, wheat rising Il to q
cent a bushel and cotton moving up
few points. Bonds were higher
in the domestic section, although
United States issues still were
highly irregular. German issues
spurted ahead on rumors French
and Germans had arrived at an
agreement on reparations and debts