The Indianapolis News from Indianapolis, Indiana • Page 25

CHUG AGO. AHADIAH DROUGHT REPORTS COi Montana and Dakota Also Csnerally Without Rain. CLOSING IS IRREGULAR CHICAOO. 2Isy 12 fA.P.) Eigner trices for trains resulted largely today. irozn itzrr.cc cf telling pressure and from continuance of Canadian drought reports.

No moisture overnight was 'n provinces Montana and the 'Hitotas also were generally without rr. Irregular i a thutc decline to Tie advance: corn, Ueoff to up; oats. iinchanged to "lie higher, and provisions 5c to 7c down, er fares IrfwOTIi" drawn that disposal of 83.000.000 bushels cutcf positlon wheat by fs 'eest fm rrl art trrr STO ucca UwUJUutcti! auuw ii v. emergency stabilization measure by tne board bad also been fully allowed for as a market factor. Helping later to bring about fractional upturns in r.He were ttjnthl ued drought In Canada, L'uropean advices emphasized scant ef hwn.oiiin BirmllM of whMt the apparent necessity of liberal imports.

French and Oerrnan re qulrements cf wheat from abroad AA4Alf fMnfAA4 ea''s4 Wllk CSV CECtHUi liUMUKU aeT 4Sruniav stantial prcportlons. Use of foreign heat in Great Britain was also re mrfm tarlth srfeie a davrsnstrt r.rrm and Mti srmDatnized with wheat firmnees and were responsive to the im.cz. urn it irnvui ui raya totaled only thirty cars. Provisions sagged owing: to lack of demand, I Br laitad IS I Close. CIO.

I Open. Rita. lew. Ma12. Mayll.

Did S2K ea 65 7 i May rent. i IZTn S3 83 4 1 a a tins tt 1 eti 1H i sis. 62S 2S14 nVa Ul 3 (a 51a 31 30 37 i 37 S7H 37 a 07 aco s.v a 32 a 7 9 07 40 35H 40 42 I 43 V. 42U 3 July Oct. so 1 a a S39 IS so a 37 a ft a a 25 SO SA Rrlllrs.

fto 9 inn fAnk. Nominal. 4 ri'Mtnf Tuljr (a rrar Malt July. 2 1 rcwt.r. 31.11V.

l.Uj Corn May. 78 July. 7794e: rtembtr, eO'tUSlc; De retnber. 7ifctt o.ti Mar! 41er July. 4t oHlUc: Rrf July, 63e; Septacnber.

07 iV'fmher. 71 Tie. Mar. 310 iUly. $10 WQ XJelUea May.

S13J7: July. $13.64. rUmm r.Ji flnl. a oil ft.il.1 CHICAOO. Mer 19 IA.1.) Wheat No.

red. MSc, Ko. hard. 34 He: Ko. i 'k1.

Ic. Corn Ko. 8 aniaed. 00 ft o4cl Ko. 3 white.

at So. 2 hit. Sd'At: 8 white. at. Rye Ko F.

BAKER. ELECTED I CHAIRMAN OF LANK BOARD Ocorge F. Baker, Jr, today was.elect rd chairman cf the board of the First National Bank of New York to auc cced his father, George F. Baker, banker and philanthropist who died Tlie election had been expected In financial circles. Mr.

had 1 aerverl vlra nretldent and cashier of the bank, was elected a director of the Jlrst National Bank and the First securities Company, the bank's security affiliate, to fill vacancies caused raa.rUat Mretla May Ba reatpoaed. NEVT ToniC, May 1J AJ.) It waa ortl It Walt etreel tvty that the an HVci meetinr of the rax rum Corporatioa cala may ha postponed. The mvinc haa been twlw tjeiayed. the tateat data aet hetne May 14. It waa vaderatood today that tha enortinr stay be defereotl until torn ttma tn June, although of tiHal Uv formatton wae lat klny.

A vmr irroontinr prartia haa delayed VreparaUon oi ta annual report. 3fajr 13 I Any rases la pricee at act, batter sn4 poultry Is duo wholly to a differaaca fa quoiatioos tt various dealers. Lead tuff dealer boy err, loss off for rota spota, hloodrlnc sad maahsa.l Cfrs Indian pon Jobber affer eoua try siiiptwrs for atrlctty (resh stock liT.re ladiaaauoUa eouatrv run. aaa aff. lSc.

Pouitrr i Jabbar paytns; roe towh. 1st re. tie a pnod Leshra, 13c; beoil. "ars. colored irrinr.

2 pounds wa. 25c: 1 pounds. 23c: Let ixim and black. 20c: sick. cuU and humt back poultry not roosters.

7Ultx: dn. s. rftt2e: 6c; (umesa younr. Sd.OO a dot. Butter Jobber' asHlnt reeea.

tor Tamery. lreh flrsta Ko. I. S8ft27o a Kund: 2. StilCSc: ta aartrs aad vcs le mora.

Butter rat India napotte buyer nayta 21 a pound delivered at Indisaapolia. Cheese Jobber' eelllna pricea Swt. iwportd. Wreooeln Bmbscrtr 22 ti 2 New York 9.2c: Wtsconaia Dae 15e: onrhorn. ISHaiSe: Indiana rtisiea, 14Se; onchoms.

ltflliitr; 19tte: Kew York fsny, 5c; American loaf. pi mi en to te: brick. 24c: nkl EBbUaa. 4oc; $ia, 34c; Roquefort. 70c.

XEW YORRT. Ma IS AJM Butter Receipt a. 3.161; firmer weaker: eream r'T hither thsa evtra. extra cor, eavO20c: first 4eS 91 scorel, SlVjn.JV: poinr stock. eunraPt make.

Na. 1. 17c. Cheese Receipts. 273.397 pounds steady.

Err Heceinl. 7U.02S ces firm; n'iTd torse packed, extra first. 19tl9fee fiesta. ISHti 14Sc: miium fir). 18rl8ac: rea Vlsr ivaaed extra first.

lit: ftrsta. 17ie: seconds. lfHUl'c; sasi.ti urn Zirsts. 13Srl3 ruiirr ittsskI. fa rerutsr: chicken, f.eh, nei3lc: froscu.

53e: fowls. lrh. 1t24c: treieo, ltjt2e: tU rooster, freah, 14lfe: turkey, fresh, 25 3 frosea. Si 44c; ducks, fresh, 17 I TJve. Werumr; eic a.br frcrht.

15e; broiler by traUht. 24S7e: esrrcsa. fowl, freight. 17 espreia, I7t3; rooster. freirht, JCe: eapresa.

13tl4c turkeys, freirht, expre. 15t30c; ducka. freicht. :cX.V: ejr 24c. CltCAfJO.

My 12 A.P. Butler I4.ti3 tub: firmer: creamery ex irr score 2l.c: tsndard 9t 1 v' 'ct, 21Hct extra fire's t90 91 c. first Ko eA aeoeei. oml. fcd 7 score).

ISO 19. F.rcs Reeripta. :3.085 cases; firm: first. l7Se: fresh rrsded firsts. current 14 i 15 Se: slor tci.

ed irst. ISHc stonare packed a. 19e. IVuitry. allre Receipt.

2 a. 33 trucks' firm: fowl. 1 i lft 3lt34c: rooster. 13c: turkey. 23e old duck.

17c; heavy sarin Hr future. Refrirerator standard. Vo. cmber. Buttsr future 3c r.K FX.

D. May 12 fr.F. 'tras. standard. 23t Errs Extras.

17c: firsts. Id rmiltry Heavy towla. K.I TeKnn, tML.M 11 1j ti ic; vu cucka. 12c; sea, ffll Sheep Other Grain KEW tORK, 13 A J. Soon: Flour teadv: awinr patcsla.

S4.eja noli winter au airbta. 05 U4.4U hard winter au airbla. 1 4.30 (f JQ. Rr fiouf Steady: fancy Mtenta. 33.45 3.7 Corrni Cluiet iio white rraaUiaUd.

SlJiUl.0: yellow. S1J015. Kyo BarJy rteady; 2o. 3 warw seaboard, ta bcod. 4SV f.

o. b. Xew York aad 61 e. f. Sew York dotneoru ta mmit.

Barley Ouiat' domestic. 67ae e. i. i. hew York.

wliea oaattkd: So. 1 northern eprtnr i. Tork. JI.OUV: 2o. 1 Manitoba, f.

o. b. Kra Vork. 7fl'r: ICo. 2 mixad aad So.

2 tmbrr duraaa. nominal. Corn Boot, eaay Ho. yeiiow e. i.

New York. arvd Ko. 3 yeiiow. 73U.C. take ba4 rail.

Oata Soot. ata4y: o. white. 30 Feed Ouit: In lOO ooond aarka: Wratera VJ3 33 to. Hay Steady: No.

1. 2J.0027.O0; aaaspie. 916.HK) a 19.00. Pork lateaay: nteaa. 240 funilt.

Sd.OO. Steady; nulcUa weet. SS.45 i auow ontaoy; apaoal looaa. 3e; extra, alac. hico Steady; laser 1 Sc.

LA 'A YETTE. Iaf Kay 1J AJ. WheatNo. 2 eoft, Jfo. aoft, 62c.

Com No. 3. 4e; Jto. 4. 70 pouoda.

47e. Oata 3. 24e. Indianapolis Cash Grain Tb tide for ear Iota of train at the call of to lodiaaapoha Board of Trade. t.

o. akippmc pout, baata 41 lie York rata were: Wheat rirm; Xo. rad. 72674: Wol fwd. 7172e; o.

8 hard. 72B7V Cora Stroo So. wbite. 53i7e: white, 44 OS ie: K. reUew hi BUxwl.

llS3e: a mixed. M661a Oale 8tron: a 274aO 23He: jso. 3 white. 2 27 4e. Iiay (V.

b. eoontry potnta taJcfny Wi or leea rst a to Ooetenatl or Lon: riLl! ateavly; No. 1 timothy. S10)Q lftO; No. afthaotby.

14 00rtl40; Ko. 3 timothy. 313 OOOli.OO Xo 1 Tixht elorer antxed, 13XK 15.50: Ko. 1 eSorar mtxet. 3io3i.04H; o.

etorar kay. Wheat Jfo. red. .3 car: Jfp. a red.

1 rmr: 3t, hard. I ear. Total. 3 eare. Corn Ko.

2 whlta. 4 ear; Ka. 9 rat low. 3 ear: Ko. yellow, ear: So.

3 but4. ear. Total. 9 care. Oata No.

1 wkita. vf Va. whlta. rare. Total 8 cere.

ilerter pociai S. I car. Total 1 ear. WAGON WHEAT PRICES May J2 Tadfanapoll floor miiis aed frafa alava tore'ar payiar 9e for Jto. 1 red whai: Ko.

1 aard. 37e. Other eradaa an their erite. CHICAOO. May lg AT.I (Ualtad States Prpartaarot of Hore Be ipia, 19.0O0.

tnctudiBf S.OOO dtraet: fairly active; aaotly to ahippara and yard tredere: lOe to 1S hirher than Monday arerae; bulk. to CIO pound. 37.25 tl 7 13: early top. 37.40; tnoat 520 to 250 pound. 7.OO7 0: few 275 to 340 rounds.

S4O0.9O: bulk pacalnr sow. 5 75i6.00: few atroae weight pUa. $3.75 i7.15; light litbY rood and ebotoe. 140 to ICO founds. lchtwelaht.

ISO to Son pouiv. medium wairht. ZOO to 250 pounds. 7.00 T35: hesry werht. 2SO to SMI pounds, Sd.25rt 7.1 peekinr aow.

tnediotn and rood, 75 to 600 pounds. 33.65 3.1 elaufnter pirs. rondand choice, 100 to 130 pounds. $8.75 4I7JZ5, Cat tie Reeelpta. 300: ealree.

3.000: better rrado li ht etaera and aaoet weighty olferinrs weak tnstaneee lower; eoaxmoa and medium erad Urht affermr fully steady; heifer and mixed yearliDca also aeiUaa fairly artl at steady pricee; mill Ina; auauty less desirable: atost etoere of vain to aetl at S6.78 S.OO: other el asses mostly steady: elaurhter eattla and yealers: teers. rood and ehotee. eoo to 9O0 pounds. K7.73fr9.fV0: 900 to I.IOO pounds. $7.75 J0: 1.100 to 1.300 pounds, 7.7J 9.i 1.30O to l.SOO pounds.

eom mnn and medium, 6O0 to UDO pounds. 75 it aeifers. rood and choice. to 50 pounds. se.75a8.&0: enmmon and medium.

$5.25 37.OO: cows, rood and rhoiee, S5 00 ft 3. 00: common and medium. M.SOfJ 40: low eutter and cutter. $3.25 J40: bull (yearllnre rood and choice leeO. fft.OOS S.2S; eutter to medium.

ysalera fmilk fd. mod and cnou e. ae.OOQBJw; medium. f7.O0O9.O0: ruZl and evmmon. S5.00W T.OO: stockee and feeder cattle! steers.

eod and choice. 300 to 1.050 awrmds, BJZii eonunoa and. medium. 33.25 Sheet RecHpta. 14.000: few early sales about eteady to outsider: packer MiVlinr lower: choice clipped lamne ntc S8.60: best woolakins held around $10.00: fsUr snrtneees.

ail.00012 00: lpb po pnond down, rood and choice. t95: medium. 825t9.00: fj to 10 pounds, mediun to choice fn.OOQ9.73: all weirhta. enmmoe, 7.0 18.25: ewe. In pounds.

medium to choice. 3 all weirbta, euU and common. 3l.3oci2.73. Official estimated' reeHpte tomorrow: Cattle, a.000: ie.000; sheep, 89.0OO. BrrvALO.

xtr is u.p.i icmted Statea Pepartmetit of A rri culture Hots Receipt. 900; rather slow. to 1 IV oeer Monday aTeraae deairnt ISO S3 pound. 97.85 7.9A: to 240 routvl 7itt7.S: in to 20 pound. 7.257J10.

Cattl ReeHnte. 93r steady: medium to coo steer .37.75: eutter cow. f2.5"M4.00. Calrea Receipts. 240: real era firm! bulk better lots.

89.00 eommoa and medium. 85.00f 7.30. Sheep Re ceipts. 3 msraet nomtnat CXEVELATtn. May IS UJP.I Hoys far as teas w4ai ft CVrWh aaSewlsa Om.

sVsa aataaaa sa 'isi wsasa a rn asafj mostly lOe up on desirable wslchta. put dull oa pir leo to 210 pound. $7.75: 220 to 250 pounds. 37A0. Csttle Re ceipts.

160: active aad sconr to hirher on cow arxi bulls: food clearance oa steers; steady: ters si $5.750 7.00. Caivc Receipts. yealers stranf and act Iyer pots. 60e, hirher: however, only few above f9.oo; 37.00 1 8. OO anedium kinds selitne readily: littla uader 8XMi.

Sheep. Receipts. 800: lamb ta fairly broad demand; stronr to hither; Quality eofiaidered: nearly food to. choice kind. $9.23 down, not many over $9 O0 account quality: eommoa to atedulai.

$7.00 8.60. IrATrTTE. Ind, May IToys 6e to lOe lower; 10 i0 pound. f7.13: 180 to COO pound. SOO to 10 pound 210 to 220 pound.

34.96: 220 to to pounds. 3 to to 2fiO pound. S4.43: tdrt to 20 pouada. CS0 to 30O pound. 38.85: 30 to ST.

LOCIS. Mas IS 1 AM Err MtMMuri JSa. 1. 13 Vie, Butter Creamery estrae and standard. 24e: first.

20c: second, lbe. IHullrjr Hens. Id He; twins. sVM rccse, ae; oucas. ic, tursey.

NEW YORK SUGAR KtW TORIC. May is A.F.I Raw rurar waa ttrm and anchanced early to day. wttn a sale reported of 27.0"i bar ei rruiirplnee in port to a local rettaer at 3 18 delivered. further Interest was howa at this lewt, but ao mora was avs'lahle below 3j2lc. Future opened 1 poidt hirher on cover In and a little trade buy i or.

promoted by the better London cable and the con Vnued ateadineaa of the spot market. Of fertars wera eomparouvety small and oa a little further covet in er cnsaaaxasioei house buvta nce showed further part rain, with tha list at aatdday 1 to point net hirher. Tradm the whale, however, not aruvc. but little arlUn pressure was reported, with the trad in rettrrsl inclined to limit arrreastr oprationa and vvt fresh development. Refined wa uackanred at 4.4Ae foe fiaa fraoulated with aecoad hsnda available at about 6 ootnis ls.

The demand was mail, with buyer Inclined to limit pur chaste to nearby reumrsmeete suy. POTATO PRICES" CHICAGO. May IS tA.F.t tDolted State TVoertmeat of AfrtfoUowK Pantos Receipts, 113 cars: oa 309 ear: total Catted Statea ehtneaeots, 3O0 ear: 0d stock weaker, trad in Jw; aaeke1 1 iti pound. iconta Koune: waiie. 1 1 it.4 I1oo Russet, mo nly JlASOl few.

si.es some mw as $7 SO; pew stork weak trad ied A' Louisiana BUs Triumph. No. X. 3 1 Ko. l.05tiat; Texas.

js j'Utnra loano ttosv. unn sr. Ttoteetlve Csmmhter far Hrl "WASHTTSCTTOX. May IS AF. roe matioa of a eomailttee ta protect "the to.

teeeste of bolder of bonds aad Other se earitiea sold by or thrnora the Atwri eaa Bond and Mortrsra Hmpay2 and the empioyaieat of Mr, at 101 waiser WUlebrndt a rroeral counsel wa made known ta a letter to bondbc dec of the Msvflower Hotel Company. Tha letter. to ho'der at second mort ae bonds of the hotel company, urred on them tho wocessity for aivited actton throurh the medium of our lodepeodeat pro recti re committee." Tha Mjfiotr hotel is no cf lb several larro properties financed be the A merles a Bend and Mortc rsre Company who actfrtUe aro now under lav rtUrsUaa by tha department of Justice. I ii 1 CartaOmeat Camtlaaee, ANTWERP. Belrrom.

May IS A.R1 A per cent, redoctkm in the output of diamond, ia effect ta the last four months bv axrecmewt dtamond peoaocer. na. shown atisfsctory result, the chai mas) the DmliHvr a roun sax, and the ln tation wUl be eontinned ual'l June. The TV hered to tit tanluuoa dcciaioa. T'i aw Hogs Cattle Expects Out of Position Wheat to Be Sold by July 1 iWASmNOTON.

Itay VX (AJ.) The farm board expects that sul the bushels of outof posltlon stabilization wheat set for sale abroad wCl be disposed of by Jury Chairman Stone says today some wheat is beins sold daily on the Pacific coast for export to the orient. It was recently axinounced that the hard winter stocks held at Atlantic and Gull ports bad been sold at a price sllfhtly shore world levels. The total sales to date are behered to be more than 20.000.000 bushels. The board has not deckled whether it win authorize the gram stabilization corporation to offer additional stocks for sale should the good for elgn demand continue. FARM BUREAU WITHDRAWS Hirth Action Causes Bolt Iron Cora Belt Committee.

Withdrawal of the Indiana Farm Bureau from the orn Belt Committee, which held Its annual meeting a few days aro in Dey Motnra. Ijl, was announced Tuesday by William H. Settle, president of the Indiana Farm Bureau. Decision of the Indiana farm organ lzatlon tto withdraw from the Corn Belt Committee came, according; to Settle, as a result of activities of William Birth, chairman of the latter troup. "la trytag to railroad his policies through the early session of the meeting." Settle said that nearly an the larger farm organizations of the grain belt states followed the lead of Indiana In bolting from the committee and forming a new body to be known as the National Committee of Farm Organizations.

All the bodies aligned with the new organization are committed to the support of the federal farm board. Settle asserted. The Corn Belt Committee was formed after the world war when the agricultural depression first was felt In the middle west. The purpose of the new organization, according to Settle. Is to unite the various farm organizations for furtherance of agricultural relief legislation and increasing the benefits obtainable under the present agricultural marketing act.

9S pounds, $4.30: 140 to 10 pounds. 34.73: 120 to 140 pounds. S4 eo: lOO to ISO pounds. rourha. 8 5.50 down top eslree.

t7X)0; top lam be $9.00 or ins lam be. $10.00. ST. TjOITIS. Mar IS fAF.) CfJ S.

To partment of Arricnltnrelv Hoc Re eeipta. 13.000; slow, steady with Me. day' best time: pir strouf to lOe hi her: atost pauDd ana cowa avarsees. 3 47.25: top, fTMO: pir In small 'wtt. J7.3Or7.40; few 230 to C70 pound.

8S.90 07.00; sows. 35.00 ft 5.75. Csttle Reeripta. S.200: calvea. receipts.

2.000: steer slow: early sale eteady: prospects mora on mixed year lines and heifers: yeal ers stesdy; others steady; few steers, se.30fie.4or most caws. s.za: cutter. 33 J0 03.50: mediam bulls. 34.A0 down rood and cnhls Tsaler. $8.25.

Sheep Receipt. 3.600: few sprisr lambs to butchers, eteady: packers telkinr lower oa all lambs: abeen etesdy: email, lots sorlnr lamb upward to SliO: no sales of clippers: fat ewes auotahla $3JS3 dowa.J TrrrSBCRGH. May IS CCnlted State Department of AfrtcultareTc Hors Beceipta. 6O0; stronr to 6e hirher; 1m to SI0 pounds. $7.70) 7.85 250 to 880 pounds.

37 paeklae aows.35.o0 UaJKi: pies.t scarce, cattle Mecetata. in; nominal. Calves Receipta. 125: slow: few choice eaiera ateadr at 39.00 Mdlin; lower oa otnar. bbeep tteceipta.

sou: receipts, licht; market sot estabUahad: undertone weak. FT. WAYKE. Ind Mar 15 fUF. Hor Receipt.

lOc to 15e hirher: 100 to 1 4(J pounda. 51.7a: lu to iw rounoa. 7A0: lOO to 180 pound. 37.20: ISO to 200 pound $7.20: 220 to 240 pounda. f7.10: 240 to CrtO pounds.

$7.0: 20 to pounds. 2SO to 300 pounds. 300 to 350 poands, $8.60. CTNCIWHATT. May IS A.P.

(United State Department of AiTiculturelv Hoc Receipt. 3.3O0: acuye. eteady: sows ttroos. 35 SO ft 3.75: star. $3 Cattle 300: calve, receipts.

700 steady: comnton and medium. Sheep Reeripta. 875: snrinr lambs act ire, eteady: better rrade. SlS OOtt 120; sheep steady. YAKSYIXXS.

May 12 Ho 130 to 180 pound, and all weirbte over, lower; others unchaarad. WHOLESALE PRICES OF FRUITS ANDJEGETABLES rRl'ITS Apples Delielpus" $2.60 a bushel: Bstd win. S1.760S.23: Baldaia. $5 .60 a barrel. Boxes; Delicious.

S2.750 3.25. Stay men, 2.60 a 2.76: Winesap, $205 j.ou Cantaloupe CaHfornla. standard crates. 37 AO: pony. 33.60.

Chernrs California. S2.75fl3.00 an 8 ound box Grapefruit riorkTa. $2A0 Cab lorma aeedWa $4 tN I Lemon faecy California. $4.760326 a crate. LAmea Dominican.

$4.00 a 100. Oraiirea California. Kavel. 34.75 ft $.76 a crate: eeedllnr. $7.75 ft 4 Oo; Valencia.

f4.504i3.23: riorid. 84AOf25.00. tar Avocado CaUIortua. 634)0 CIS 60 a dosen Flneapple Cuban 18 to 38. $4.26 crate.

Straw brrriee Louisiana. 93.23 a 24 rint crale: Alabama. 24 uusrt crate. 3.00 ii 5.60: Tennessee. 85 AO a 24 euart crate.

YKOETABI ES Artichokes California $10 a dosea. aperaua Home crown. white, 50 a dosea bunches: Ion rrern. 76eft81.00. fteana Texas etrlncie.

S3.00 a hamper. Beets Hosae crown. SIM a bushel new Teaas. i 60 a crate. BroocoU V'riura, 35.00 a crate, fbbaea Tesaa.

aew. SI .23 tf 1.40 a 60 pound bar: Mississippi. $3.75 a crate. Can eta Too a busks 1: Texas, new. SAO a 6 dosea bunch crate.

Cauliflower California. $2.50 3 00 a crate. Cet ry Ca omia 7 dnaen ufK hea a.50: Florida. 4 ta doea bunch crat. S3JMU3.76 Chlvee 81.75 a tocea not Cucumber Hothouse, $1.25 a dotes.

Kale Home eeoan. 5e a ustiei. Lettuce CaUornie Iceber. e4 23H4.73 a crate af 4e ta Oe: extra faacy hot heuee leaf. 31.76 a 16 pound baaket.

Mint Hoeae rrown. 75e a dosea buche ushroom 55 4 4 5e a eoanc Mustard Hoate(TOa. 75e a bushel. On tone Marion county, srreen. Sue a dosea buocnee: Teltow tilobe.

AO a 6O poaad na: wlht. lege: red. COeJ hpan tsh dosBeetic. 31.S3 reaml ha: asw Texas, yeiiow. 31 73 a 60 pound bar: watte.

$2.00. farsiey atartwa coualy 40e doser toncite. arsntpe Tacit $1 OQ a usnei eaa ltkpu.se. $2 00 a 23 poand hamper rppr $8 OO. RsdwJ Button.

40V5Oc a down Nndt trmt white. 3.1: ho red. 2c. Rhubarb Marina county, SOc a dosea bunches StHsach Bonw frrowa. broadleaf.

75c a 4 bushel tomet Mexicaa. repacked tO poond carton, 1 3j rufsiis .1 7mm SI SO bts.net Wtrm Boar4T. t)c a toc honcbea. rirTATuK Maine Gt MuunUm lMt pund na 2.40: MK Mran Round VThite. IOO paund bar .5: Idaho Rutt.

1U pound na SiOOaaSlA lusha ra' 100 peund ba new res as Zri umph. a "xi pound bay. Swset Pt lic Tt aeoeet Kaaev HtU bo4 Indiana Jeesee 32.73 Cearria. aidew Clow. 32AO.

intaLLS, 4t4J Coenaaut Jamaica 36 a IOO ttariie CaH forma white 16c a naund Aasseirea Ree ni ataUve af Baak Meetias. KEW YORK. May 12 AJ.l Galea McCarrah, aaii maa af the board aad president af the Bank for lateraaUoaai settle meats, will represent the American stockholder ta that inetitutioa at its first annus! meet lac ta BasJe. Swttserland Msy IP. it is arned.

Jackson K. Reyn ems. prestdeot of the ir tt Katsanat Back af Kew York, because of tashtlity to attend the meettn. asroed Mr. Mriitrrsii as hi deputy.

CHICAGO AN FIRST SPEAKER Bunding and Loan Lea rue Brains Se riea ef Meethtgs With Dinner. Beginning a series of meetings tn which speakers of national reputation will be brought here to speak, the Marlon County Building and Loan League will hold a dinner Wednesday night at the Atheroriim. with Lw Morton Chicago, executive manager of the National Building and Loan Association League, as speaker. Officers Of the State building and I loan orranlzaUon are expected to at I THE INDIANAPOLIS NEWS, TUESDAY. MAY 12, 1931.

GMMSfADVAME SELMNGABSENr HOGS ONLY 5C LOWER DN RECHPTS OF 8.50D Most Sale $7.1 5 to $7.35 Week Ago $7.00 to $7.25. LARGER RUN OF CATTLE RECEIPTS OF LIVE STOCK roDowiar is a statement receipts at tha ladtanapolts lire stock market for penoos loaicalco Cattle. Calrea. Sheep. 2.0OO X.0OO 4 0 1.393 704 510 1.414 101 256 Est.

9O0 Week 31751 Year aco 6.540 Wk. thu ar J3.704 l.e55 313 Same is. wk. 8.454 112 1.715 fid 7 Tear 117 1.804 1.673 SOS Mth. to date.

47.541 T.144 ..119 .355 Year SI SO 5.205 3.113 Orosa Receipt for Year to Date 1931. 1930. Gain. Lo. Hot 554.4C8 581.412 5.984 CatU i.

7923 82.110 2.37 Calve 3.473 64.023 3.450 Sheep 79.483 48.334 32.643 Hor at Qevoa Market Estimated Tuesday 78.000 same oay last weea. Saasa day. 1930.. Sam day. 1929 Weak thuo Sam last week y.

Sam time, 1930... Sam tiaie, 1929... Sama time 19 3. 72.000 89.000 8 1.OOO 177.O00 205.000 203.000 183.000 251.000 wmr iv Same time. 1930.

10.729.OO0 Same ttqae. 19C9. 11.199.0O0 Sama time. 13.255.000 Same Uma. 19Z7 10.635.000 10 .394.000 Itecelpts of hogs at Indianapolis Tuesday, S.600.

were the largest In two weeks, more than twice as large as a week ago, 2.000 larger than a year ago and near! ytwice as large aa the dairy average thus far this month. In two days 7,000 more arrived than for the same time last week and 4 000 more than for the corresponding period a year ago. Most of the Increase at eleven markets over a week ago Is at Indianapolis. This bulge in local supplies, probably more than any other factor, was made responsible for an adverse change In prices, but the loss of only 5c was nominal In proportion to the large receipts. Practically all buyers were mterested.

but outsiders 1 were the more active. Reports Indicated all except about 1.000 hogs sold from first hands, the demand apparently' was satisfied and late bids were lower than at the opening, decidedly lower on droves that might be offered from second hands. Oeneral sales were: ISO to 190 pounds. $7 35; lflO to 310. $7.30 210 to 220, S7.23; 220 to 240.

240 to 260, 260 to 280. $7X5; 280 to 300. $6.95: 300 to 325, 85; 225 to 350. 350 to 400. $6A5; 100 to 130, 130 to 150, $745.

and 150 to 160, sows, $5.50 to $625. probably little different from Monday. Even with the unusual bulge in re ceipts, general sale sstill are 10c to 16Q nigner than a week ago, the low day last week, only 5c lower than the close of last week and 15c below the high time last Wednesday. For four consecutive days a year ago this week general sales of good hogs of all weights were at $10.35. then down to $10.20 and dosed, the week at $10.40.

Receipts at Indianapolia thus far this year compared to the corresponding period last year are gaining steadily and now show a loss of only 6.500. about 2 per cent, of the loss at eleven markets. He Qewtattoae, Top price 7 35 Most sales. 160 to 280 lbs. 7 taw 35 IOO to ISO lbs.

averace. IOO to SIO lb, 7 00 ft 25 85 7 30H 210 to 240 Ibe. averace. 20 tl 7 25 240 to 2RO Ibe. 280 to 323 lb, averace.

325 Ibe. 7 05i 7 15 ft R5 6 95 551 70 751 8 23 5 23? 6 75 8 754110 40 Light butcher rows troorl heavy sow Ranre in pricea a year aro The main factor contributing to a decided adverse change in prices. of cattle was an unusually large run of 2,000. about 600 more than a week ago or a year ago and nearly three times as many as the daily average thus far this month. Little trading was reported early, but judging from the attitude of buyer and seller, most slaughter cattle apparently sold around 25c lower.

Steers and heifers predominated. consequently they were slower sale than cows and suffered Ihe most decline tn prices. Apparently buyers were trying to eliminate steers as high as $8.00 and some traders indicated steers higher than $7.50 were approaching. If not well within, the "special" class. "Special heifers sold up to $8.50.

but in a small way compared to general sales in a range of $6.00 to $7.50. Cows higher than $5.00 were possessed of something unusually attractive, with enough of that sort to make a sizable showing. Other beef cows sold down to $4A0 or lower with eanners and cutters $2.75 to $4.00 and bulls at $3.50 to $4 50. An unusual run of 1.000 calves roftened'the situation to some extent, but many food Teals again qualified to sell at $8.00, while calves down to $7.00 were bordering on the less de rirable sort and at $6.50 down they were typically common to medium offerings. Cattle QaefatJeae.

KHttn steer 1 TOO the ttood ta choice. Common to medium. fl ntnv ecre tinder 1.SOO II Good to Common tn medium rln csttle Good to prime rlr ta r.ttne rs Good in choice Common to enedlsm 1 23 8 75 OO kt 7.00 7 8 SS 6 OOO 7 O0 fine 8 75 6Ass 7 26 5 M0 7 OO 6 (WU 4 00 4 8 OO 6 ootj 00 4 50 si 4 25 4 3 00 ft I 4 60f 00 Vi 7 HI 3 OOU 7 teb better Good ta beet Common 1 msk. Good to beet Pair to medium Canner and cutters IM )ln Ruteaer nulla Good to choice veal Common to mediutt Receipts of 400 sheep and lambs were a little larger tharv common at this season of the year, but cot larger than required, and prices continued unchanged: best spring lambs at SI 2.00, with 3A.7S top price for shorn lamta, and $3.00. for shorn sheep.

Nettse Use. a ead aan Uiwultuss 5 price lamb dow i iw choice lama 8 "Ota .75 Comastm to medium lamb uuu to rsuhv 'snet Common tu eneMum vra Aed bucks IOO ins 6 WUU 7 6u 2 li I wi I OO 7 INl I NEW YORK HIDE PRICES IBy A T. HaasuU A Ca XK TORK. May 12. Hi.Jo futures fiened: May.

9.00c: September. 10 80 lOJiSc: December. 10.12 fx 10.13c: March. 13.20 ft 13.34c. (tavaaaah SAVANNAH.

May 12 AJ.l Turpentine Steady. 4 tj.Vjaie, Sale. 153 bar. rel: reeripta. 1A2: shipments.

253; stock 17.494. Rosin Tirra 1.200 barrels reectpta. 4.892; sbirmeata. 2S: stock. Iffc9.72i MISSIO GROUP TO MEET Saikdwkb Lnnebcea.

Mite Box Opening on North M. E. Society FntrMam, The Women's Missionary Society of the North M. E. church win meet Thursday at the home ef Mrs.

W. Llchter. 432 Buckigham drive. Officers and group leaders win hell a bcamess meeting at It a. m.

A sandwich hmehecn win be served at 12:30 m. Mrs. H. O. Carman, ef the Meridian Street M.

EL. church, win be the principal speaker at the afternoon ression. Mrs. L. E.

Shultx will lead drrctions. Mrs. RccfbeUe Weira tner win give a reading. A mite box opening program will be given. CONTRACT APPROVED BY THE STOCKHOLDERS Working Agreement by Two Investment Concerns.

NEW DIRECTORS ELECTED NEW YOSK, May 12 (AJJ Stockholders of Selected Industries. hare approved the contract made by the directors with Tri Continental Corporstlon under which Tri continental will supply Investment advice and service to Selected Industries. New directors elected to the board of Selected Industries Included five part ners of J. and W. Sellgman A Co, sponsors of Tri Continental Corpora tion.

They are Earle Bailie. Robert V. White. Francis F. Randolph, A.

I. Henderson and Henry C. Breck. Other new directors elected are Henry F. Bristol, persident Bristol Myers Com any; John W.

Castles, of Charles D. Barney Ac Ralph W. Crane, of Brown Brothers. Harriman eTs Alfred Jaretxskl. of Sullivan Crorr well; James M.

Nicely, vice president Ouaranty Trust Company, and Sam ner Pike, vice president Case. Fom eroy.ds Co. Does Net Mean Cnirnl. The contract contemplates that Trt Continental will acquire a large block of Selected Indus tries raUtanding common and ccaavertible piefeiied stocks, although this Interest win not constitute control. A furtAer agreement between the two companies would give Tri Ctxttlnental an option to boy up to 200.000 additional Selected Industries common shares.

The banking sponsors of Selected Industries comprises Stone As Webster and Blodget. Inc Charles D. Barney Ca and Kidder Peahody At Co. all of which are represented on the board and will not part with any of their stock holdings. Selected Industries, was formed In 1928.

One of its outstanding transactions was purchase of control of Kraft Fhenlx Cheese Company, which was In turn sold to National Dairy. The company also held, according to its December 31 statement, large blocks of Missouri Kansas Texas railroad, Chesapeake As Ohio, P. ILorQlard Company, and R. J. Reynolds Tobacco.

Its total assets on January 22 were more than $76,000,000, which included tavestments costing $66,275,000. The market value of these holdings at that time was slightly less than $50, 000.000. 9 Tri CcnUnentaX formed late tn 1929. had assets of $77,856,000 as of March 31, which Included investments of $60,349,903 carried at cost. Their market value was slightly less than $52,000,000.

Six of the sixteen directors are partners in the Sellgman firm. Others include C. E. roes beck, president of Electric Bond and Share, and A. M.

Wiggln, chairman of Chase National Bank. Its investment portfolio Is widely diversified. To Stnrey that SfJk Industry. NEW YORK, May 12 (Af.) Thomas B. Hill, president of the.

Silk Association of America, announces a comprehensive survey of the silk industry win be undertaken by the association. Its purpose, he says, is "the collection and analysis of market facts which win permit recommendations to the industry for the betterment of trade Argentine Experts Decrease. BUENOS AIRES. May 12 (AJ.) The value of exports for the first four months of 1931 totaled 219.440. 000 gold pesos, compared to 251,416 gold pesos in 1930, a drop of 12.7 per cent attributed to lower commodity price levels.

To Continue Payment ef Bonos. NEWARK. N. May 12 (AJ.) Vice Chancellor Backes has granted a motion today permitting payment of bonuses to officers of the Bethlehem Steel Corporation pending settlement of the suit by twenty two stockholders to obtain a permanent injunction against bonus payments. The court ordered recipients of the bonuses to post a surety bond In order to indemnify the corporation should the suit be decided in favor of the plaintiffs.

I NEW YORK COTTON NEW YORK. May IS A.T. Cotton opened euiet today. 5 to 0 points lower In response to easier Liverpool cables, while some eellinr may have occurred on the lower openin of the stock market. Basineas waa comparatively euiet with olferinrs lirht.

while the decline to 9.94e for July seemed to briortn a little trade buyin to fix price. This steadied the market which wa quiet and fairly eteady at the end of the first half hour with the more active position hoklinc within 3 or 3 point of yesterday' eiosinr Quotation. Little busines was dona la May delivery, but: notice representio 1.30O bales were reported and sales of May were made la the: early tradia at 9.76c or 0 pom la net lower. The Kew Tork Cotton Exchanre serriee estimate domestic consumption for April 6 15.0OO bale compared to 401.000 ta March. The lirures wens rerarded rather eucourartnc hut had little i any effect on tha immediate market Liverpool cables reported continental liquidation and hed inr In that market The market eased later in tha forenoon under liquidation and some local eilin which seemed to be promoted by hopa of warmer wrather in the south and the action of tha toc market.

July, after auvaactn irom v.gt to h.hho in the early trading, cased off to 9.92c with active months renerally ehowtnr net foese of about to IO noint. Offer in, wee well ewouxh takea by covet In and for mer cuyinr cy Prowers wit a Japanese and other tre connection, however, to five the market a eteady undertone and midday prices hnwed rallies of 3 or 4 point from the lowest NEW YORK DRY GOODS KKY7 TOltlC. 12 A Cotton roods are ateader and a little more active In the print doth Some other vuflniohed c'oths e'aa show some qmckenin ia the demsed. Raw silk I st a new low pri e. SiTX od are sell Inr niodcralcly.

Rarou is in fair man I toe wravinc purpose Wool rood are eellinj ttodcrat ir. LONDON WOOL AUCTION LONLCN. Mr 12 I AIM Tlie o'f. iiivs at th lot'sy srotl' 10.911 bale, inctudin a food eelcction of croasbred and a few merino. Bidrfin wa spirited at current rate.

Inferior sort were buver favor. funta Arena and South Antericm iid trikty to home and continent! de v'er at Bdy prtcJ. About 8.10O bnJe were I Indianapolis Wool Prices I Inrn wtrea ere nevtn I a und for awdium srarlea of went rerl 2e COTTONSEED STATISTICS; vrASHTNGTON. Mar 17 A J. Cotton eeed etmsbed in the niae month period.

Atumt 1 to Apr'l SO. ia announced todsv by census boreau to hi fetalf 4 682.859 tone, comnared to 4.723 831 in tH as nerlod a see and cottonseed on hand at nulla April 30 totaled r5 297 tons, compared to 197 A33 a year Cottoaee4 products msntfactjrrd la the pe tod and oa had nrlt SO were: Cmde oil reodoced 1.392 11780 wound. 1.477 J04. 197. end on hand.

43.0i8.035 jwuac. comnared to 1 954.318. Refined oil produced. nound. erttnncred to 1.277.679.914.

and oa hnd. 442 94S pound, compared to 514 732.941. Cake and aneat uroduced. 2.087.1 57 tona com pared to 7.102.419. nd hand.

253. HO too, compared, to 120 952. Halls pmdteed. 1 241 58 tone. fPOl a.

ed t1.3(4 119 and on hand. 90 1 7 1 to compered to JO. 4.17. Linters nro tt ed 795.673 hale. eon see.1 to 973 959.

and on hand. 271. 24 bale, compared to 224.494. rrrstk tMsslsf Line ta tal. PARIS.

Mar 12 'AJM The French Line and He chief Trench competitor on lie tbe Charreur Reon's. have entered Into a. bT ivt pool. Tor tber they own neerlv l.KK.00) ton of re which ply the AUaatio and thev on eot mnet of fie otoer important cten ahipptng cumpaibcs, Wales Tells Countrymen to Advertise as in U. S.

MANCHESTEB. Enrland. Slay IS (AJ.) The princo ef Wales told British paudBess mea today they wDl have ta copy United Statu sales and adTT rtisin methods if they wish a greater share la the Souti. Axaericaa aoarkeC Ua snoke before the Chamber ef Commerce in Free Trade hail In the second "trade clinic" he haa conducted sine bis reiara from his good will tear to Latin America. "I am sorry to say that aa a nation we are very tar behind as regards ad vet Usie." the prtnc said.

That Is one ef our national characteristics. We do great things which are ef great value to the Slid, but we never let the world know what we have done. "Out foreign competitors advertise a great deal, and foremost amaaf them are ear friends in Nertn SHARP DROP REPORTED IN PETROLEUM PRODUCTION TULSA. Okla, May 12 (AJP.) With proration in effect in the new eastern Texas area, dally average crude oil production In the United States dropped sharply last week, totalling 2J71.039 barrels, a decrease of 108.632 from the cxecedinz week's av erage, says the Oil and Gas Journal. In east central Texas tne cecune amounted to 163,034 barrels, the production totaling 232.771 compared to 396.705 in tha preceding week.

Qria.hnma, production climbed 56. 788 barrels to 607.201. the Oklahoma City field aecousttng for, the gain. Other mid continent areas were little changed. The total mid continent output was 1 .332.733 barrels, a decrease of 108,650.

This Included 1 an Increase of 1.450 in western Texas, where the production waa 211.954. and an Increase of 980 in Kansas at 108.305. Eastern production was up 1.500 barrels at 111.500. while the Rocky mountain area showed a loss of 6,698 at 92.299. California production Increased 3,750 barrels to 535.000.

TESTS TOWNSHIP LIABILITY Sehool Bond Owner Seeks to Fix Be. spoTtxibUlty ia Bank Failure. A test of the responsibility of a township to holders of school bonds for money from the bonds on deposit tn defunct institutions was sought in a suit filed "Monday in superior court. Room 5, by Mrs. Elizabeth Marmon.

owner of a number of Wayne township school bonds. Money to retire $69,000 in school bonds as they matured over a fifteen year period was on deposit In the Washington Bank and Trust Company by Wayne township. The Marmon suit demands Judgments of $14(00 each on three $1,000 bonds that matured January 1, 1930, and for amounts from to $150 on fifty additional bonds held by Mrs. Marmon. The latter bonds have not matured, but interest is duo on them.

J. Malcolm Dunn, WSyns township trustee, contended that the township is not liable for the money because it was unclaimed for several months before the Washington Bank and Trust Cecmpany closed. ssaaaanaasaaw aasmwaaasn GROUP TO MARK FOUNDING Bcformed Church Missionary Union WUf Obaerra AayUreraary. Members of the Reformed Church Woman's Missionary Union of Indianapolis will celebrate their tenth anniversary with an aU day meeting Friday at the Carroll ton Avenue Reformed church, Forty fourth street and CarroUton avenue. A business session wUl occupy the forenoon meeting which opens at 10:30 a.

m. The Rev. William H. Knierlm, pastor of St. Paul's Reformed church.

wUl announce the program for a slimmer missionary conference to be held in July at Bethany park. Mrs. Fred Late will be toaitmaster at. a luncheon at 11:45 a. Former presidents of the union will speak and a What BhaU I Render, wUl be presented by the Woman's Missionary Society of the Second Reformed church.

That They All May Be One." will le the subject of Mrs. WUl H. Adams at the afternoon session Singing will be led by Mrs. Fred W. Wager, and devotions by the Rev.

L. E. Minster man. 1 Of fleers reports, a prayer by Mrs. William Rex Keen, and a benediction by the Rev.

E. Q. Homrighaus en. pastor of the Carrollton church, win close the meeting. Mrs.

Ernest N. Evans, president of the union, will OPEN GRAND STAND BIDS 1 Agr'rwttare Bnord Members Consider Offers en Falrrrporid StraetTire. I Six bids were received by 'the Indiana board of agriculture Tuesday fcr the seating arranvemcnt of the new grand stand at state fair ground. No action was taken on Four bidders were Iadlena companies. It was the second time bids hfd been received, the first group behvt rejected because not enoueh Indiana companies were represented.

HIGHER COURTS' RECORD SCTRCMR COCRT ACTION. 26dtf. Waltrr B'srenrvm vs. 'Lucv lane Hill. Marion C.On apnUnta peU.

I en cause transferred to 14373 of appellate court. BrPZUEME COURT MINUTES. Peril Oil 1nin Comnany v. oret E. Cooper ef al.

Marion S. Aoprl Ian' wi' si with notice Bond Tioetcet rv. Vt Scharill e. of efcrna. La He C.

Appellanf renHr to ob'eetiot of stbte. WDllsm Strefov v. ataW of Iri.ne. Bet C. CT nrie's r02.

Stt ret. Donald Enrene Wid r. r. Chnn B. Ralston, etc et J.

Oricinal set ion. Sheriff return oa STTPRTSME COURT. NEW SCIT. 24O40. or 3.

Jscoby Stat of ficMsna. Alien C. Record. As irneoevtt of rmts. Not ce below.

Submitted under Tu'e 19 A WTLLXTt C0CBT ACTIOX; 13392 0t Gnatt C'mynsB n. TA Jckoa et al Pntnem C. Oral arm ment I res for Jnn 2. 193 1, at 2 p. ra.

Cilv of Indianapolis v. Brheet Wlilia administrator. Morran C. Cause is re'nstated. ATEXJLATE COURT MINUTESj: 13873.

rs' BbwW Pratl it v. Citv of Gry et al. Lsks 3. Apoeiisnts' petitioei tor rehearin vi hrels. 14tl2 WiU'anj r.

Mnllahv v. Cty ot ft Wayn et al. Allen S. C. Appellant's netitiot for time with eoaeevjt 14COS.

Bsmaaond Hotel and Tmneov. ment Comnany vs. N'l'le Croak sdminietrstnx et al. Laporte 6. Appel lart'e edditionsl euthnrttiea.

14177. City af lad'saapolle et al. vs. Jek ReeTtv Comnany. Marion C.

Appellant's for t'm. I42S V. Cite of Ind'enanoli vs. 8tats Motor Car rnmotm. Marion 6.

Arpe' (art is canted time, iaeludinc Jon 1931 14289 Kentucky and Olivee Avenue fealty Cnmpesy Oty of Indianapolis. Marian A C. Appellee' recll annear sec and net i i I'm for time, which ia event ed Jute 22 19.71 14 51. Oty ef ndiananoH vs. Rerhert WHI'e.

admnltestor. Cauee ordered reinstated nd rraated time. tn eli'dir JttJv 31. 1931. 14012.

Wiriirm r. MuTlabv v. City of Ft. Wame. Allen C.

C. Anet'ant i Crntd tine. Inciidlii June 15 1931 ..14263. Louis Petxo vs. Hnrh Me Industrial board.

Appellant a reoly briefs. 1411 8 Chspfnaa Price Steel Company Fmelte Bet teh. et al. Industrial board. Ar briefs.

14251. Cite ot Indian noM vs. rbert C. Willi, adminietratoe Morran C. C.

Ap motion to i.mlsi. 14257. 5truhle Wrncka Motor Company Meeronolitaa Seenritie Coepoea tion. Vim a. A ppe'lant'e reply briefs.

14372. Wslter T. Blasci'tyin. vs. Lwc Jan Hill.

Msncn 9. Apnellaat ia rranted time. tncJudinc July 11. 1931. AfTCTXATE COURT.

NEW SUIT 14371. Mi F. Rea i ter te. rs. TU colo Oil Refinine Mmco C.

Ret ocd. Ascnacnt errors, la term IxOud. MEYEfl KISER DAIIK IS PUT IIIIO STATE HAf'DS Continued from Far 1, Fart 1 treat an creditors alike. Decision to dose the bank was the result; according to officials, cf the generally depressed condition of stocks, bonds snd real estate and to reductions in deposits. According to a dispatch from Miami the Meyer KUer Bank In that city closed its doors Tuesday.

According to William Chadwick. vice presi dent of the Miami institution, a statement of the condition of the bank would be Issued soon. He said the bank was capitauzed at $125,000 and had a surplus of $25,000 wltn deposits of approximately $174,000. As the result of a suit brought early Tuesday in Marion county superior court. Room 5.

Julian C. Ralston, an attorney, was named receiver for the Meyer Klser Corporation, a subsidiary ot the closed bank. Bond of $50,000, fixed br Russell J. Ryan. Judge of the court, was posted by Ralston, who was sworn in and qualified after a brief hearing.

Receiver Is Appointed. The suit brought by Blessing E. Fischer, assistant to the president of the bank, representing herself as the holder of $1,000 of an. issue of $1,327,150 in collateral real estats mortgage bonds, The suit alleged that the collateral for the bends la represented by a large number of first real estate mortgages, some of which are owned by the Meyer Klser Bank. The bank also Is trustee for the collateral, the suit averred.

With $25.000 of the bonds due May 15.. the suit aUeged that the corporation win not have money sufficient to pay the maturities, that it has heavy Indebtedness, and that Its assets can not be converted into ready cash without considerable less. The Indianapolis bank waa organized In 1895 and was estimated to have a combined surplus and capital of $600,000, with deposits aggregating $2.240.000. Its last cuarterly statement showed officials to be Sol Meyer, president; Sol S. Kiser, J.

J. Kiser, Ferd S. Meyer, M. S. Conn and Q.

Jackson, vice presidents: A. J. Wich mann. cashier; B. E.

Fischer, assistant to the president: J. E. Ohleyer, assistant to the cashier, and L. E. Osthelmer.

assistant cashier and auditor. Official StatemenL The following statement was Issued Monday night by directors of the bank after decision to close Its dcors: The directors of the Meyer Klser Bank atated that they deemed It to the best Interests of their depositors to liquidate baiuUng assets of their Institution In. order, as nearly as possible, to treat all creditors alike. Consequently the bank from now on wul not be open for acceptance of deposits or payment of withdrawals. Their intention is.

if the consent and co operation of the department of banking and their depositors and creditors can be secured, to proceed Immediately, as rapidly as it can wisely and prudently be done, to convert their assets into cash and distribute them In equal dividends to each and aU of their depositors and creditors. Plan of Operation, Tin their opinion, their, assets exceed their liabilities to. depositors and creditors. "Their plan Is to continue the operation of their rental, real estate, insurance and investment departments, and access to Citir safety deposit department is Intended to be uninterrupted. This action on the part of the board of directors is a result of a long period of withdrawals of deposits which decreased the liquid 1 resources of the institution in a period of three years by nearly $4,000,000.

in consequence of which, the remaining assets, while considered perfectly, good by the directors, were not susceptible of immediate conversion into cash with which to pay depositors. The Meyer Klser Bank came into being thirty five years ago as a real estate and Insurance partnership between Sol Meyer, president, and Sol S. Klr. vice president the present institution. Building Receiver Asked, Appointment of receivers for the owner and operating companies of the Continental Bank buUdinz, 17 North Meridian street, was asked in a suit filed Monday in the Marlon county circuit court by the.

Pierre F. Goodrich 711 Continental Bank building. Assets of the Continental Bank were bought last December by the Indiana National Bank. Interests in the building and the financial institution, however, were not connected. Defendants in the petition for appointment of receivers are the American Investment and Realty Company, lessees of the building, and the Continental Building Company and Monument Place Building Corporation, builders.

JOHNSON RITES ARE HELD Veteran Truck Gardener Resident Many Years on. West Side. Funeral services' for William O. Johnson, age seventy two, long a resident of West Indianapolis and a 'veteran truck gardener, were held Tuesday at the Blaine Avenue M. E.

church. Mr. Johnson died unexpectedly Saturday at his home, 1827 Miller street. Mr. Johnson, who was born in Indianapolis and "grew up" with the west side of the had a wide circle of friends with whom he had come in ccntact in his years of truck gardening.

He retired from active work six years He was an active member of the Blaine Avenue M. E. church and also was a member of the Samaritan lodge 658, O. O. and the Comanche Tribe of the Red Men.

Surviving are two son. Charles N. Johnson and Robert Earl jchnson, and a sister, Mrs. Ida Crowe, all of Indianapolis, and three grandchildren. Burial waa in Crown Ilia cemetery.

MIDWEST! BANKERS OF 12 STATES CONTINUE SESSION XnvTstnsents fa "Old Standby Issues Cited as Security Against Depression Leas. SOUTH BEND, Ind, May 12, Bankers of twelve states, here for the midwest regional savings conference, continued their two day session today. Addresses by financiers and business meetings were on the program. A. C.

Robinson, PitUburgh. gave the keynote of the conference' in an address on bond investments. "Bankers who hare placed their funds in 'old standby Issues need fear nothing from the economic depression. Robinson said. He explained that the depression may be traced to economic reasons, but that backers must share the re pcnslfcllity.

Robinson advised each banker to study his. particular situation, and cited as the chief causes of bank failures the lack of carefully devised investment programs. Improper Investigation of bond issues, inexperienced personnel In the bank and lack of Integrity in foreign agents. He recommended that 10 peri cent, cf a bark's bonds be government securities. Other speakers were It.

C. Stephenson. South Bend, president of the American Bankers' Association; V7. It. McCaughev.

president of the Illinois Bankers' Association and Kent M. Andrews, Laporte, 1 1 weak TRADING LULL Changes Cm. ill Favcn'. Utilities Tckcn Infrequently BUYING Oil SCALE 'i UUl.l. NEW May 12 (AT.) curb market was tc showing a weak ur.dcrtcr.; tut restively sman price cl Turnover la v.

most cf the favorites traded quently. The volume in Llectriclirr.d and 6hare was faii ir larre. consLicr ing the dullness ot the session, ar.l the quotations shaded. It was up parent that buyi .7 throughout the lt was on a scale down ar.4 that th trade policy of professionals was dominated by extreme caution. Oils conducted the r.selves Cities Service was a Utile we at.

tut Vacuum explored h'. hrr ground. Standard1 cf Indiana waj fcrrn. Other petroleum Usucs virtually nothing. priced tri a small part La the day's desr.

nrr did much cf consequence occur cl.e wbcre in that classifies tion or in ths Industrials. Central Thfatrrs ment preferred rrcd a new Ux. Cord reacted wi'Ji Au.um and tn easy tone was apparent ia Trans Lux. Crocker Wheeler and nurt rcrus ether in the same price rtr te. Dew Chtm lcai made a new mir.t r.un In i seUing.

Consolidated Dxlry. fr which two large holding companies are bidding, was firm, lust about midway between the prices offered by National Dairy and Beatrice Crejunerv. Investment trusts were dull. Ridge convertible preferred lin a little. Goldman Bachs end Ur er 1 elder Financial held steady.

Can money renewed cn curb st IV per cent, but advanced to 2 shortly after noon. Rather. loan calling followlr.3 the rut in demand rates yesterday, for after the service charge made by tanks for hand.tr.? such money has been deducted the net return to lenders was r.orr.ir.aL Oldsa aad raliew. I Dealer' Bn vlaa Price 1 lireen, ssliad Ko. t.

Si a pound: No. Sc: Ito. I ren. fc a pound: No, S. 4e: No 1 (iiimiii.

a ponnd: rio S. He a noundr borsehH Tallow Ko. l. Se pound. No.

3. Ho. 1. $8A0. Indianapolis and Vicinity Brief Neie af the Day.

The McKlnley Republican Club ii EYTi Nln''1v at p. m. in lit hall. 2117 East Michlcaa aireet. for a buinr.s meetlnr.

open to ciembera ami IrienUs ot the dub. Dsurhters of Union Veteran of the On! war will hold a eovreUtih luruhcott Jvednesday ihhmi st "ft. Frien'ilv, followei by a csrd party. Mr. KeUi McGlnnis ami frs.

Alica Christy will ba chairmen ia cbarre. The Schoolmen' Club will civ an cut door picnio and tak dinner at the Scout reservauon. May 'Z0. Manual Train. Inc Hirh School pupi' will have charr Of the dinner.

Kecently electei Ulcere include C. Carl "(Vatsoa. fhortnur president: Finlrv Wricht. Manual Trsininv, treasurer: Jaenh Jone. Arsenal Technical: Also Justiri It 11.

Vfsahuirton: Altxrt hettrinr. Broad Kirple. nd W. Sura P'p; of hool No. 53.

ere th buildlnc reoresentstives. Mrs. John J. Rata will entertain th Heixh Ho Hi Club with a luncheon ml bridre party at her homa WeUncil. iy all emoon.

Miee Ruth Jone rsv a rartlen parir st her horns Morvljy evsnnr fnr the Kinc' Dsurhters. Th enterisinment ws riven by Mis Pauline Jone and Trrl Jones. Assisiinr the hostess waa bpr mother. Mr. Clifford Jons.

and fi included Mr. Retina Lamhrrt. Mra. Elennor Tl per, Mrs. K.ther Oenev James.

Mrs. RmMrle Pukes. Mrs. Edytho Turner. Mrs.

Clara Leirrher. TVirothv Feldmsn. Ma. Msrie Fit, aster, Mr. Pauline frye.

Mrs. Ruth Jore. Mr. Roeetnay Pcdert and Mr. Ann Ixireber.

Tho Social Club of baceed Heart b'irr i will civ a card party TburaJay at p. m. in Ita hall. The Msy committee of Uttle Vloaee Catholic church will hold a benefit card party and cnce Tuesday at 8:1 o. m.

in the Uttle Flower auditorium. Fourteenth atr et and Botart avenue. Tha Ladl a' Auxiliary of Progrvct Char. tee O. E.

will rive a puhac lunclif.n, followed he eochr and bvn'Hi. i at the foodcraXt bhpp. Ctnlury buiiu Uur. Circle Jfo. 5 Of St.

nthnnv Altsr 5 eiety will rive card parties Yrtre.i.v st 2 and 8:30 n. at the hall. H7) Norn Warns an avenue. Mra. Michael lleaiy is ho Marion council Securily Benefit Slion sill civs a bunco and euchre party at ita hall, llflVi Eatt Marylamd eirrct.

Vt'rdncaday nirht. Lahar Day Prorrn Tapir, A committee ef members cf the Central Labor Union will be appointed to entinlT a proposal of the Indiana board 'of agriculture that tha Central Union take part in a Labor day al the stat fair. round, accordinc to plana mmle at a meet, nr of th Central Labor Monday Pirht at Plumbers' hall. Other iainr at the meetlnr included a talk by Mrs. Malr Arro.

conceminr the onirii7.inr of houl aiHf rettsurant orhcrs in Indianapolis, nr at Ira Company riant. Two fires at the Artificial l.e ami Clf btorare Company. ll)45 Kavt Fort sectn I street, early Tuesde. c'i ed dumsrn rati mated at 3250, Tlie firet (ire was st 1 a. m.

and the (lame were put out bv firemen. Th nest alarm was' rr ivf 1 at 4:47 a. m. Tho cause pL tne fire waa not determined. Slwaal Clab to Bear Trod err.

Aspect of the American Prama" will be the subject an by itrthtir t. Casey WeUn wlay at the lun' heoii Indianapolia Kiwani Club. Cnsev hen. is th play production company cf his nam now appearinr at Kng h.h theater. Articles of Incorporation 1 Notice sn articles of Incorixirslton hav beea filed in the secretary ot state ole as follower L'nem ployed end Tmployed Wa Karn.

era Societr, Eransviile: no jitiil u'U; nbjetls. obtain empl'irrMent tir it. mrm bers and 'peujrwiis 'irr I wr'Ii Inj orporators, Lou is lr A. limeners. snd Ct i Kor i.

Culver Manuf a'tmitir Comrnn, Winchester; capital s'oi tf. l.too hrrs harms an par value; nianufaet'i's and ktn1rd Mirl; tufirrK.rat" tVH'lam K. Culver. iaieth Culver i E1ward Culver. Maswe'I Cravel filed bo'Io ef pviiniinary C' hi1u' mn.

The Kramers' I t. Warn: canital stvit. J.Pfxl bir no pr value: obecta. estahiiehment cf a ci rcul In library; inxrrorator r.nawoid C. t.

Watson. Lewi sad Cccrr. Kiprrey. Vincenne Credit Tturean, Vlneeiin'Hi: no carUtal stocit I thfenj. nd trib'Jt re1it inforrustion irporatort.

Osterhaj O. a. Pic'iir ier. Lo'J fro ire. er, gohulUiei.

J. iiocker ar.4 U. K. rper Titikey Tueniture Ccnrsny, Tne, oulli ndT cepital e'n' k. I.Oihi shares bavinc t.o par value: ei jf ts.

rtiral lur nittire u.ine.'r icorpora tr. H. Tmksy. Ceort Catper oa and L. The It do IVister AdvertUiny Compsnv.

Inc Vincennes. filed potn of re. of capital sloe la the amount "of jO.Ol pr errd stock. Twenty two TWeny fte n'1'av nra! Iv Company. Gary, filed nouw of i er" tion of cer ittl tock in the aiiouat of i nreferreij at flw i The A.

iia)i Comnany, an oMo errw t'on. noti of il.aRi ct i Ro'vnd Frntt. noii Th poliv Tarrot Sandwich Ir.K. Muncie: capital 6k havn no par vaiue: objee'a, operate re ufini incorporators A. II.

Lord. XI. IV Lert and H. Z'mnierujan. Canninr wood: capital stock.

Iohi st 51c each: objects, cannirr ani cf products Incorporator. lrrt 1'. ar perter. Charlrs i.rown and I. Vi'iiita r.

Cocritv Fsrmr CV rai Association. Dana. i.Irsl nouce of 1..1.1 soi'ition. Lee Transit Mixer Cor vorstien. apoa: capital atock.

l.OU'l srieres. bsvir no par value: object ai in o.nr r' mixer: Incorporator. jr. 1 t. V.

8. Burrows ar'l CTasrle o. hn 't. JCormo J. Shsilrr C'ompanv, an Line's corooreiiin.

foe im'oii t'j ss in Itxiian. with Ciisris ii. Abrnu. bouLh rend, a acnt. American AsstK iauon iir r.al'ro.il 1 Locomot it liistory.

Auburn; ro car 1 stock: oriieeia, ani perpet 1 of knoleire cf a.rlv rtcotucive rd road history: incorpor i rs. Ivor aon. D. E. wrrui snd rarik Arrr.

BarweiJ Manniactvriri Terre liaute: caoit! to havinr co par value: r.rr manrf acturluc iiiv 1 M. Kilf. J. B. irtemta anJ 1..

CocVe. Tbomas Griffith CorporaVn. rw tic of ct ci ual th amount el a.CtvJ shares bavins ti par vsitm. Peor'' Molnal Comnnnv. peks.

fiied police of cf stock from 4j.) sHarcs st Jri escj to 0 shares at 10 each. S. aixl s. Furnlt'ire rommnv. V.

i vllle. lUcd novice of pr iiinary tioa. CURB.