davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
The Civ
in Brief
FRIDAY EVENTS

friday EVENTS
Engineering Society, luncheon, Board
Of Trade.
Alliance Franchise. p. m, Washing
ton.
A miniature Indian village,
modelled in clay by Edwin and
Theresa Deming, authors of many
Indian books for children, is on dis
play at Rauh Memorial Library. 1t
will remain on exhibit until Feb.
Is. Deming has spent most of his
life among the red men, and is a
friend of many famous Indian
chiefs.
Members of the National party
will meet March / to select a 1882
convention location, John Zahnd,
president, said today. Indianapolis
previously had been selected, but,
Zahnd indicated, due to lack of
publicity, the change would be made.
A survey of needs of the various
branch libraries will be made by the
library committee of Women of the
Moose during the next few months.
Draperies will be presented at 1880
tonight to the Prospect branch
library, Prospect and Randolph
streets.
A banquet in honor of Postmaster
Leslie D. Clancy will be held by en-
ployes of the Indianapolis postoff1ce
at $50 Saturday night at the Lin
coin.
Fire originating in an Overheated
stove caused damage estimated at
$500 to the residence and store of
Nick Budack, 1904 Nordyke avenue,
late Thursday night, according to
fire officials.
Earl E. Luder of Washington,
Ind, captain in the army during
the World war, will take over the
duties of utility officer of the
United States Veterans hospital
soon, it was announced Thursday.
Luder will supervise all employees
and equipment, except in the medi-
cal department.
With fifty applications in their
hands before their membership
drive opens, 125 workers of the
Kirschbaum Community Center As
ISOLATION announced at a meeting
Thursday night that they expect to
get 1900 applications during their
drive, Feb to IL.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
Receipts, 5000; market, higher.

-ouus yearHnRS exciuded)-
food and choice beefs. ... 5000 A.:
utter. common and medium. 2.00@ 81
CALVES AND VEALERS
Receipts. 800; market. steady.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
By United Press

CINCINNATI. o.. Feb. 5.-Butter steady;
creamery in tub lots. according to score:
packing stock No. l. 18c: No. 2. 12c; No.
3, &C.; butterfat 16@1Sc. Eggs-Steady;
cases included: extra f1rsts, 15Ac; frsts.
141ac. Live poultrv-Thin and coarse stock
sells only at heavy discount; fowls. 5 lbs.
and over. l6c Leghorns. lbs. and over.
l3c BOOSTERS. &C.: broilers, colored. lb.
and over. zoe; IL lbs. and over. zoe: 2
zoe: partly feathered 12c: Leghorn, hroil-
ers, ID. and over. 15c:: III. lbs. and over.
15c: 2 lbs. and over. 12c: Leghorn stays.
1Oc colored stays. 12c; black springers, l0c:
roasting chickens. lbs. and over. 19c:
ducks. under lbs. sell at liberal SonG Gss
under 4 lbs. 12c: colored. lbs. and over,
l5c: under lbs. 12c: capons. 8 lbs. and
over. 23c: under 8 lbs. 19c:. slips. i3c;
Guineas 10c: turkeys No. hens. g lbs.
and over. csc: Young Toms No. l, 10 lbs.
and over. 22c.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
By United Press

CINCINNATI, o., Feb. 5-Hogs-Re-
over. none; fairly active, loG15c higher
on 100 lbs. up; heavier weights in general
showing most advance; lighter weights
S46oG47o, mostly sand on around go $50
lbs. down; 240-270 lbs. S4256450; 800 2e0
lbs. or better quotable, $4.1O@4.15; 100
lao lbs, 81; sows, So to mostly s3.25; light
weights, $3.50. Cattle-Receipts, 500
calves, ITS; generally steady: odd lots
common and medium steers and heifers
$4d5 so; q few more desirable kind up
to S6.25; two loads of good steers. 81
beef cows. mostly s3as.5o: low cutters and
cutters, sl50@2.75; practical top bulls,
$3.50; vealers. steady; good and choice,
Sheep-Receipts,. 300; not enough here to
make market; all classes quoted nominal
ly steady; better grade lambs. s6.25 to
and medium. 81 5Oas.75: Sheen 81 d down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
Rails Watched Carefully


Rails Watched Carefully
-
According to chart followers, if
the rails break to the extent of in
dustrials it would indicate the mar
ket he'd entered another leg Of the
major decline. "On the other hand"
Dow-Jones pointed out, IF either
department should prove able to
withstand pressure above the lows
of Jan. S, it would point strongly
to completion of the defationary
movement"
Union Pacific dropped to 7014, off
3ss; Atchison 70, off Us; New
York Central 27A, off 15s; Chesa-
peake 81 Ohio "a, off TX; Pennsyl-
vania 202s, off IA, and Southern
Pacific 30, off IL.
Confidence Being Restored
United States Steel common
dipped nearly points to 1873,
while Case dropped to 32%, off rs;
American Can 583s, off rs; Wool
worth 4O15, off IL; Auburn Auto
119, off 51a, and Westinghouse Elec-
trio 241s, off rs General Electric
made a new low for the present
shares at 1873, off u. American
Telephone was down 23s, at 11112,
in the communications.
An encouraging note was struck
by Paul Shoup, president of South
ern Pacific railroad, when he an
nounced the road planned to place
large orders for supplies and mate
rails in doing its share in getting
back to prosperity" Shoup found
evidence in recent developments
that confidence is being restored"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
Indianapolis Livestock
Review
For Week Ending Thursday. Feb. 4.
BY U. S. Dent. of Agriculture.

The weeks cattle trade. has proven the
assertion that the live and dressed markets
are in no condition to absorb increased
supplies. Last week a slight Improvement
in the general price level was attributed
largely to smaller marketing through
Conditions were reversed this week
Supplies were increased moderately and
prices moved downward. indicating that
the market as whole is very sensitive and
not vet on firm foundation.
Beef steers lost Is to so cents with the
average loss probably not much more than
Is cents. ,Heifers took similar downturn
and cows lost quarter and in spots more.
Low cutters and cutters ruled weak to rs
cents i9wsr closing at the full downturn
were out of the local picture this week
and quotations on such kinds are based
jor markets Some reporters are being
criticised for undue attention to the very
small percentage of receipts approaching
Bulk Sales for the week we're recorded
at s4;25 to sSS5, with load of Of light
down to s.. SOU common k'iiers SOLO
Heifers cleared generally from ss.25 to
$3.50 with a small number from $5,65 to
early top 81. At the close not many were
good enough to realize more than $3.50
Low cutters and cutters started the week
Vealers lost the SO cents advance re-
the period GOOD and and Choice descriptions s tS
cashed at $3.50 to 50. with lower grades
selling downward from So, usually $3.50
to $3.50.
Hogs
While markstings around the circuit
expanded to a noticeable extent prices
moved within a narrow range. terminal
last Thursdays prices. 1t seems that
most operators are willing to play Bali
as long as prices remain around $4.25
and slightly below. Any advance encount-
ers resistance and only light supplies are
expected to advance the pEice level.
pounds the weeks trade has been con-
Quoted within range of $3.75 TO $40.
Shipping orders we're limited and by some
attr outed TO relatively high position OF
the local market; Packers. therefore. alb
sorbed most Of the weeks supply
Bulk prices Thursday follow: 100 to 225
pounds S4;s5 to s4.4o; 225 to $50 pounds
$40 to 81 IS; $50 to 300 pounds $4O5 to
Sis; 500 up $3.75 to S3e5; 40 to $50
pounds 81 to $40; 100 to l4o pounds s.. So
70 SS.7S; packing Sows So to $3.50
-Sheep-
Fed western lambs continued To cor,-
prise the bulk of marketable OFFERINGS and
within reasonable trade requirements Most
! OF the good and choice offerings cashed
i from s6,35 TO s6.75s reflecting an Approve
mate gain Of Is cents over last weeks bulk
prices.
Sorting continues to be a factor in
/ price determination. and with some offer
ingS running q little weightv the IS cent
upturn NAV not cover all the actual ad-
small lot or two reached s6.7S. en-
sorted lots soai from S5.25 TO Sc. according
] to weight and quality and throwouts
ranged downward to 81 and less.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
DOW-JOneS
Summary

F. w. Woolworth reports January sales
amounting to SIT, 800 $50, against SIS, 239, :
$40 in January 1881, a decrease of 612
per cent.
American Republics Corporation and
subsidiaries in year ended Dec. 81, 1881,
net loss amounted to S4,I56, 3OS after ex-
penses and other charges, against net
loss of S927,675 in 1890; net loss for De-
cember. 1881. quarter was S1,5O7,sSs,
against net loss of SS7O,22O in like period
of 1880.
3.45s4. against 3.452s: Paris, checks. 81 875:
1862.
!, May Department Stores declared a divi-
oend OF 40 cents on common stock; preyi-
ously 81 accents quarterly was paid.
Crown Cork and Seal Company declared
a dividned of 80 cents on Common stock,
against 90 cents previously.
Crude oil deliveries by Prairie Pine
Line Company in January totaIed ]. 1852.
1876 barrels daily, an average of 81, O75
barrels. against 2,SS2, 1896 in December.
or 76,s67 daily, and 2,2O7,S barrels in
January, 1881, or 71,2O6 daily.
Mapes Consolidated Manufacturing
eaTned Is n year ended Dec g. 1881
against 1927 in 1880. 80
- cabot Manufacturing Company declared
Ine regular quarterly dividend of $3.50,
payable Feb .l5. of record Feb. 4.
Loans on stocks and bonds to brokers'
by IederaI reserve member banks in New
YORK city decreased SS,OOO,OOO in week
ended Feb. to sos, 600, 600; non broker
loans decreased $1,000, 900.
Dailly average. volume of federal reserve
f ere OutstasnTding during week ended
SSd d6' wy 200 over preceding week and ssss
MO oO0 oyer like week Of 1881; ratio in
M onE HqTk federal reserve banks in week
enoed Feb. 3 was 67.8. against $50 & in
previous week; ratio in federal reserve We
system ST., against GA.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05

3.4534. against 3.452s: Paris. checks. 81 875:
Amsterdam, 1855; Italy. $3.50, and Berlin
1862.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
MILLIONS IN FRENCH
GOLD SHIPPED HOME
Cnosignments to Bank Of France
Are Part of U. S. Holdings.

Cn0SlgnmentS TO BANK OF france
Are Part of U. S. Holdings.
BIZ United Press
PARIS, Feb. 5.-The lie De
France landed 342,OOO,OOO francs
(S13. 44O 5000 gold at LIE Havre today
consigned to the bank of France.
The metal Immediately began to
move to Paris by auto trucks.
The shipment was part Of the
banks repatriation of S125,00O, 900
in its gold holding at New York.
other shipments, mostly new pur-
chases. are scheduled to arrive with
in a few days.
The Majestic, which lands to-
night, will bring 100 barrels Of gold
(s5.89 ,oOO), while the American
shipper will bring 200 barrels of
gold ($1O, BOT 5000 to Cherbourg sun
day.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
Other Livestock


EAST BUFFALO, Feb 5.-Hogs on sale,
$500; active to all interested; strong to
l0c higher: weights around $50 lbs. up
Sz.s5; mixed lots witty light or medium
weight, s4.65; 22o-24o lbs, $4.4o@475:
240-270 lbs. s425@445; weights below l40
lbs. S3.T54425. Cattle-Receipts, $50;
steers and heifers draggy; about steady;
medium kinds. $5.656515; common down
ward to S4.25; cows steady to weak: cutter
grades, s2Q3. Calves-Receipts. 500:
better grade vealers steady at So; medium
and lower grade slow at S5.506S. Sheep
Receipts, 100; lambs generally 25c high
er; trucked in lambs predominating; good
s7.25; common and medium, $5.5o@6.50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05


of Trade.
Alliance Franchise. 1 p. M, Washing
ton.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
ASK BUS MORATORIUM
Civic Club Permit Proposal Is Be-
fore Utilities Board.

Public service commissioners this
afternoon considered resolutions of
the indianapolis Federation of Com
munity Civic Clubs seeking mora
forum on granting of bus and truck
permits. The resolutions, adopted
this week, we're received by John
w. McCardle, commission chair
man.
The civic organization suggests
no permits be issued until the
next session of the legislature in
order to attempt to obtain new bus
legislation. The resolutions set out
inroads of bus and truck transpor-
tation on railroads have resulted in
rail workers being thrown out of
jobs.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05

By United Press
LAFAYETTE. Ind. Feb. 5.-Hogs-Mar-
ket. I0Q25c higher; 10000 Tbs s435.
275 lbs. 81: 275-300 lbs. So. 90: 500-325 lbs
sS:75: l5o-l6o lbs. 81: 140-l50 lbs. ss.75;:
l20-I40 lbs. $50; l0o-120 lbs. 3.25; rourhs
50 down; top calves, SO; top lambs. Sc.
By United Press
FIT. WAYNE. Feb. 5.-Hogs-Market. 1oc
higher; Ioo cI lbs; $3.50; 1lO-l6o lbs.
225-25o lbs. s4o5; 250-275 lbs, s.. so: as.
800 lbs. $50; S00-350 lbs. $40: roughs. So.
stays. $3.50; calves, So: lambs, 6.
By United Press
CLEVELAND, Feb 5.-Hogs-Receints
1000; follower. l45; l50-2S0 lbs. steady ia
Toe higher; bulk, $3.50; 245-3l0 lbs. Steady
to 10 cents OF more lower; S3s5G425:
mostly. s444.ls; pigs $3.50. Cattle-Re-
ceipts, 500; over so steers here, only
scattered loads sold; medium quality. So
near steady; cows and bulls continuing
dull. Calves-Receipts. 200; steady to
stronger; vealers. SO freely; odd head
higher: common to medium, 81. 506s so.
Sheep-Receipts. $500; lambs Csc to soc
higher: 81 freely; strictly choice quoted
around S9.25: common TO medium throw
outs. $5q5.75.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05

May Department Stores declared divi-
dend OF 45 cents on common stock; preyi-
ously 62 accents quarterly was paid.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
HAYS FILM RULE SPLIT
Los Angeles Attorney to Direct
Movies Western Affairs.
By United Press

By United Press
HOLLYWOOD, Feb. 5.-Edwin j.
Loeb, Los Angeles corporation law
yer, and Will H. Hays president Of
the Motion Picture Producers and
Distributors Association of America,
occupied a position of joint control
over the industry today.
Supported by Hollywood produc-
ers and New York executives of the
major film companies, and in full
cooperation with Hays, Loeb will
rule over the western affairs of
moviedom, it became known today.
He will receive a large salary.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05

Crown Cork and Seal Company declared
against so cents previously,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
VALUE OF OIL EXPORT
SHOWS DROP FOR 1881
Japanese Purchases IA Per Cent of
United States Foreign Sales.
By United Press

United States Foreign Sales.
By United Press
WASHINGTON, Feb. 5.-Japan in
recent years has steadily Increased
her purchase of oil from the United
States, according to a commerce
department report issued today.
Last years total exports were 25,-
535, 159 barrels, of which Japan took
IA per cent or 3,574,922 barrels.
Seventy-five per cent of this coun-
try's exports went to Canada.
The total volume of 1881 oil ex-
ports was the largest since 1920,
except 1929. The value Of these
exports was far below those of pre-
vious years. Exports exceeded i'm
ports by three times in value.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05

Loans on stocks and bonds to brokers'
py IederaI reserve member banks in New
YORK city decreased S8,OOO,OOO in week
ended Feb. to S5O5. 900, 600; non-broker
loans decreased $4,000, 900.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
Tremors Hint VOLCANO ERUPTION

VERA CRUZ, Mexico, Feb. S.
Subterranean rumblings and earth
tremors near the dormant volcano
Orizaba alarmed residents Of the
district today. 1t was reported that
flssure had opened in the side of
the mountain.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
In the Air

Weather conditions at 9 a. m:
Southwest wind, 20 miles an hour;
temperature, %; barometric pres
sure. 30.15 at sea level; ceiling, clear,
hazy, unlimited; visibility, miles;
field, soft.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
CHINESE RAISE FUNDS
New Years Celebrants at Chicago
Collect Money for TroopS.
By United Press

COiect money for Troops.
By United Press
CHICAGO, Feb. 5.-The huge
dragon that will be carried through
the streets of Chicago's Chinatown
IN the annual New Years celebra-
ton Saturday will eat money this
year instead Of its traditional fare
Of lettuce.
The money swallowed by the
papier-mache beast will be for
Warded to Shanghai to defray mu-
nitions cost in the conflict with
Japan.
Already $4,000 has been sent by
chicago Chinese to their homeland
and the two weeks New Years cele-
oration will make an intensive drive
for funds.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
TWENTY-ONE KILLED
IN NEW INDIA RIOTS
Royal Air Force Pilot Reads Aid
Plea on Ground.

1Cd OIOuuus
By United Press
NEW DELPHI, India, Feb. 5. -
Twenty-one persons were killed and
many were wounded today when
Kashmir police fired into a crowd
at the town of Kotli, in Jammu
province, to break up communal
rioting.
The district has been the scene
of many recent disturbances be-
tween Moslems and Hindus. An
other section of the communal
fighting has been directed toward
ousting the Maharajah of Kashmir
from his throne.
A royal air force pilot reported
that ground signal meaning
save us" had been laid out at
Kotli. A company of British troops
was sent to the scene from Mirpur,
which was crowded with Hindu
refugees.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
BRITISH CREDIT SAVED
BY 'HOME-BANKED' GOLD
Hoarded Sovereigns Released as
Country's Need Develops.
By United Press

. ~NN~A
By United Press
LONDON, Feb. 5.-Seven million
pounds sterling in gold sovereigns
was taken from hiding places in
British gardens. hot houses, CHM
news and cupboards to help Britain
repay s75,00o,0O0 to France when
the recent British credit was termi-
mated. the Daily Express said today.
The Express correspondent at
Birmingham quoted M. r. Fletcher,
a director Of a bullion dealers and
refiners firm, as saying that the
boarded gold returned to circulation
enabled Britain to make her credit
payments without dspleting her
gold stores.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
BIZ United Press

w 66adtcAGo' FEB <.,-7cash grain close:
553+c No. hard SIC; No 81 yellow ET ba 5ed'
9154 g. No. yellow hard. 56ISc: No )
spring; &c; No. 2 mixed. SIC. cor I've
mixed S7ej No. 3 mixed. 349i a $3.50: No.
NJ nl5ed: 1412 @35c: No 5 mixed 34634s1c:
S61ac; No. 4 yellow 34G35Hc: No. s vel
low S4@94K c: No. 2 white $40 3si6c: No.
No; white. 341ac: sample grade Zoe
OatsoINo white. 25@ 252zc: No. 3 white
24z2 q2431c; No. 4 white, 24G24Hc. Rive
&c. Timothv-s5 5O0s75 CIover-ssm
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
STOCK ISSUES
DRIFT OFF IN
DULL SESSION
Break in Rails Is Watched
for Indications of Mar
ket Trend.
Average Stock Prices

Average Of thirty industrials for Thurs
CAV 1856. on so Average OF twenty rails
$3.50. on SO. Average OF twenty utilities
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
Local Wagon Wheat

~ CITY grain elevators are paying 3sc FIR
nc; RED wheat and acc for No. 3 hard
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
Net Changes

BIZ United Press
NEW YORK, Feb. 4.-Closing
prices and net changes on principal
stocks traded today on the New
York Stock Exchange follow;
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
SHEEP AND LAMBS
Other Livestock
By United Press

CHIcAGo, Feb: Hogs-Receipts. 25,
600, including 10000 direct; active, 10c
higher; 170-210 lbs. $4.20@4.30; top, $3.50;
22v-250 lbs. $3.90@415; 260-31O lbs, $3.75
$50; packing sows, $3.S5@S.5o;. light lights,
lightweights, 10000 lbs. good and choice,
$$d9 medium weights 2O0-25o lbs.
Weights. 25O-s5o lbs good and and choice oTs
$3.65@4; packing SowS, 275-5OO lbs, me-
dunn and good, $3.30@3.60: slaughter pigs,
1O0-l3o lbs. good, and choice, -S3.25@3 IS,
a cleanup market. steady to strong at
weeks decline; common and medium grade
steers and she stock predominating; best
steers, $3.50; bulk, $5@6.25; most fat
cows. $2:75@S.5o; demand still narrow for
practically all clashes slaughter cattle and
choice. $6.75@9.75; sO0-1, 100 lbs, good and
choice, $6.75@9.75; 1,1o0-1.3OO lbs, good
and, choice; $6.75@9.75; 1901 500 lbs,
common and medium, sS.50@6.75; heifers,
550-s5o lbs. good and choice, S5@650;
common and medium, $S@5; cows, good
and choice. 5000; low cutter ana cutter
Guided. good and choice beef, $3@375; cut
tel, to medium, s2.25@3.25; vealers, milk
$s.5o9T5o; Gull and common, $4@65o;
s sood and sn sbo feeder sers lbs
medium, $3.25@4.50. Sheep-Receipts, ~
00O; nothing done; asking higher and bid
ding uneyenly lower; good and choice
Ia, bid $6;15@7.25; extreme top late
lambs: Lambs 80 lbs sDS down. good and and
choice, $6.50@7.40; medium, S5500650;
all weights, common, $4.50@5.50; ewes, go
$50 lbs. medium to choice, $2.50Q4.25; all
@5.5O. ' eO' YIN '-''-O'' ~
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
CHICAGO
NEW YORK
NEW ORLEANS
Vatican Program to Go ON Air

FdtICdH FFUSTdIn 20 90 on AIT
By United Press
VATICAN CITY, Feb. 5.-Tenth
anniversary observance ceremony
of the Pope's coronation, which will
be broadcast throughout the world,
will start at about noon q a. m.
central standard time) on Feb. IL.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
BY ELMER G. Waller
United Press Financial Editor

NEW YORK, Feb. 5.-With little
increase in activity, the stock mar
ket turned definitely lower today,
With pressure converging on the
railroad division, where losses
ranged to more than points.
Selling in this group followed
word that the Pennsylvania rail-
road was to apply for loan from
the Reconstruction Finance Corpor-
alton and that several other major
railroads might make similar pleas.
This further called attention to the
bad situation in the carriers and
caused many to unload their shares.
The break in rails was seen as a
test Of the market. Dow, Jones 81
Co. pointed out that the railroad
average had relinquished so per cent
Of the gain made between Jan. 5
and Is.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
BIZ Times SpeciaE

LOUISVILLE, Feb. 5.-Hogs-Receipts,
295 lbs, s435; 500 lbs up. S3.65; lis lbs.
down, SAILS; packing sows, S2.65@3.4O;
stays, S2.40 down. Cattle-Receipts, $50;
steady at recent declines; bulk best
slaughter steers and heifers, $4.5065. so;
few to Sc; slaughter cows and bulls, IS
down; stockers and feeders, $3@5.25;
So bulk, $7G75O throwouts, SIS down.
Sheep and lambs-Receipts, so; steady to
CSC higher; best fat lambs, s6.25; extra
quality valued higher buck lambs, $5.25;
throwouts, $3.50 down; fat ewes, $3.50
down. No shipments Thursday.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05

CHICAGO-Production of free wheeling
units by the Borg Warner Corporation
currently is running 100 per cent above
1881. according to c. S. Davis, president.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05

NEW YoRK-W t. Grant Company re-
ported sales for the year ended Jan. 81
totaled 1879 1872 compared with ST.
1916, 487 in the preceding fiscal year, rise
of per cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-05
BrightSpots
of Business
By United Press

NEW YORK. Feb 5.-General Motors
Corporation will distribute .$7.862 459 to
savings fund class in 1926. President Sloan
announced today.
ALLIANCE. O.-Oficiais of the American
Steel FoundrieS recalled 500 employees when
the local plant resumed operations after a
long shutdown.
ETROIT-IndustriaI employment in
Detroit during the last two weeks of
January showed gain over the first
two weeks of the month, according to the
board of commerce.