The Akron Beacon Journal from Akron, Ohio • Page 22

on on on on on on on TWENTY-TWO AKRON BEACON JOURNAL WEDNESDAY, 'APRIL 8, 1931 CRITICAL PERIOD NEAR FOR HOLDERS OF BRAZILIAN BONDS Freight Report Depresses Rails Union Pacific, New York Central Fall To New Lows For -Fox Film Sells Off By GEORGE T. HUGHES Beacon Journal Special Dispatch WALL STREET, NEW YORK, April to rally the stock market today were in evidence at intervals throughout the session but they met with indifferent success. A few groups and a few stocks improved but others were still under pressure and the list presented a ragged appearance. The Street was disappointed in the weekly car loading statement, which showed a decrease from the week before, whereas seasonally an increase would have been normal. The totals therefore made unfavorable comparison not only with the year before but with the period preceding.

News In Every Line BIRTHS IN THE COUNTY (Names of fathers only are given) BOYS George Warren Firestone, 1013 Dover av. Alfred Gustav Oberg, 1191 Linden. James A. Caldwell, 2324 18th st. Peter Durban, 839 Wyley av.

James B. Dannemiller, 315 Hillwood dr. Howard Charles Dereich, 731 Glenwood av. Oliver R. Craig, 125 E.

Thornton st. Veldon B. Older, 1384 Newton st. William Thomas Moore, 1106 Packard dr. Harry S.

Glandorf, 236 Jewett Raymond E. Edwards, 668 W. South st. Richard Anderson Turner, 7 Mayfield av. Harry Porterfield Jones, Cuyahoga Falls.

Lindsey James Eddy, 590 Van Everett. William Frederick Spathe, 594 Glendora av. Dwight Luther Derr, 1393 Bryden av. Edward Albert Fassnacht, 47 Jewett st. Stanley Watson Ellis, 1844 Java av.

Eric Verner Carlson, 949 Packard dr. Merle Alton Hayes, Greensburg, Alfred Johnson, 1818 Shaw av. Edward Atkins, 1415 Hart st. Neil Ferguson, 83 Grand av. Jess Ringle, Stow.

GIRLS Fred Rosche, 339 Ruckel rd. William McClaren, 318 Shawnee Path. Daniel Crago, 1163 Gorge blvd. Julius Nazy, 506 Morgan av. Ulysses P.

Clayton, 968 Clara av. Paul Bryan Thompson, Coventry. Dwight Raymond Means, Wadsworth. Ernest Franklin Powell, A 875 Columbia av. Charles Edward Cannon, Kent.

Raymond Alexander Mertz, 887 Hamlin st. Robert S. Fowler, 527 Stephen rd. Edward E. Dinger, Willow.

Charles Sherman Cowley, Hudson, Henry Wilburn Godwin, 762 Brown st. William Paul Neal, 94 W. Long st. Paly Len Johnson, 238 Steiner av. Mearl Wilbert Zimmerman, 1546 HIllst.

Robert Gilbert, 1169 Linden AV. Fay Burtis Tipton, 1600 Poe av. Herman Von Gunten, 854 Fried st. Tolliver T. Gibson, 254 Kryder av.

MARRIAGE LICENSES Maurice J. Ward, 31, rubberworker, 91 W. Miller av. and Margaret Sykora, 30, clerk, 836 Baird st. Andrew Valent, 49, laborer, 604 Washington st.

and Berta Beres, 52, houseworker, 881 E. Voris st. Leon E. Sweet, 72, painter, 514 Fairchild Kent, and Helen Moore, 66, Hudson, James J. Hughes, 22, salesman, 754 Roselawn av.

and Viola M. Pettit, 2842 Northland Cuyahoga Falls. Harry G. Fish, 19, hotel employe, 1096 East av. and Jennie Nigro, 18, of 378 Pine st.

William M. Willis, 21, truck driver, 215 14th Barberton, and Mary Locas, 19, of 31 Canal Barberton. James L. Hornbeck, 21, auto mechanic, 338 Exchange st. and Frances M.

Parkman, 19, of 242 Wheeler st. Edward Moran, 22, bread salesman, 255 S. Balch st. and Clara M. Norton, 19, waitress, 561 W.

Exchange st. George Hennigin, 23, cereal packer, 1309 Lexington av. and Elizabeth Staley, 21, of 1819 7th Cuyahoga Falls. Harry Moreland, 23, cab driver, 414 Morningview av. and Myrtle Harlan, 26, saleslady, Douglas st.

Lee Thornton, 22, waiter, 492 Wabash av. and Marie McMillan, 20, of 770 Baird st. Fred O. Dawkins, 24, rubberworker, 1850 Ford av. and Marie H.

Jefferys, 22, of 1898 Ford av. DIVORCE FILED Opal Wildman, SUITS, Main st. vs. Roy Wildman, Morgansville, W. neg- lect.

Blanche Taggart, 326 Voris st. V6. Charles Taggart, 1207 Big Falls neglect and habitual drunkenness. Voja Milovanov, 39 Ira av. Vs.

Zorka Milovanov, Star! Becej, Jugoslavia; neglect and wilful absence. DIVORCES GRANTED Zelma Ley from John W. Ley, TRANSFERS 309071-Alvin Henry to Clarence W. May. (Sheriff's deed).

Parcel 1-Part of Lot 39 in Northampton twp. Parcel 2-Part of Lot 39 in Northampton twp. 4-2. $2143.74 -072-The E. K.

Sheffield Co. to The Union Savings Loan Co. of Youngstown, Ohio. Part of Lot 94 in the Ferdinand Schumacher allotment. 3-25.

ward" -075-Selden Lenke. Lot W. 13 of Anderson the et Bollinger al. to sub- Eddivision. 1-28 -077-James H.

Hamilton et al. to G. W. Auten, trustee. (Quit claim).

Lot 122 in the East Lawn allotment. 3-25. -078 Chas. H. Carter et al.

to Clarence 8. Varner et 'al. Lot 182 in the Storer Land allotment. 3-30. -081-William R.

Reighard et al. to Kenneth E. Reighard. Lot 470 in the East View, -082-Lloyd allotment. 4-1.

Guessford et al. $10 to Emma Pfarer. Part of Lot 19 in the Edwards Matthews allotment. 3-21. -083 The Herberich-Hall-Harter Co.

to Walter J. allotment. Umstot. Lot 3 in the Vandalla Heights 8-8-29. -085-Andy Lomyanski to Susie Lomyanski.

Part of Lot 168 in the Sawyer Land allotment. 4-4. -086 Alvin Henry to The Akron Savh ings Lots Loan 3 Co. of R. A.

(Sheriff's Grimwood's deed), Part addi- of tion. 3-27. $1948 -087- Gertrude E. Moore to Harry W. Schwab.

(Quit claim). Part of Lot 1, Tract 8 formerly in Portage twp. 4-3. -090 -The Wayne Ohio Co. to Neal F.

Bowman. Lot 149 in the Wayne Park subdivision. 3-27. -091-The Wayne Ohio Co. to Neal F.

Bowman. Lot 120 in the Wayne Park subdivision. 3-27. -092-Turner B. Jenkins et al.

to 'The E. K. Sheffield Co. Part of Lot Block 18 of the Lancaster Estates subdivision, 3-14. -095-The Realty Sales Co, to Anthony La Fatch.

Lot 28 in the Bellevue allotment. 3-30. -102-A. H. Kirkland et al.

to The Central Depositors Bank Trust Co. Lot 116 in the Davies reallotment. 3-26. -103-Wasyl Hyssezak et al. to Rose Dimich.

Lot 351 in the Hannah 8. Allyn allotment. 4-2. -106-Andrew J. McCaffrey et al.

to Freeman Orme et al. Part of Lot 41 in Bath twp. 3-26. -108-D. L.

Hardman to Ruth Hardman. (Quit claim.) Part of Lot 4, Tract 8 of Portage twp. 4-5. -109- James Florin to Ignatius Florin. Lots 130 and 131 of the Rose allotment.

3-16. -110-Harry Ryan et al. to Theresa De Blasio et al. Lot 322 in the Wellington Heights allotment. 3-30.

-111-Valentine De Blasio to Theresa Fiordelise. Part of Lot 323 in the Wellington Heights allotment. 4-4. -112-Alvin Henry to the Citizens Savings Loan Co. (Sheriff's deed).

Part of Lots 20. and 19 of the Hart Sumner allotment. 3-20. $3519.65 TOLEDO GRAIN TOLEDO, April 8. (AP)-Corn, No.

2 yellow No. 3 yellow 621 Oats, No. 2 white Rye, No, 2, 57. Clover seed, cash domestic, old 1375; domestic, new 1400; Oct. 1425; Dec.

1450; choice cash, old 1400; cash, new 1425. Alsike, prime, oash 1400, OPEN FIREWORKS AS "YELLOW DOG" BILL IS IGNORED Rebels Backed By Labor In Demand Party Leaders Permit Action PASSAGE IS PREDICTED Beacon Journal Bureau, 805 Deshler-Walliok Hotel COLUMBUS, April Speaker Arthur Hamilton's house rules committee, functioning as a steering committee, failed to heed the plain warning of dissatisfied members and has neglected to the much-discussed "yellow give, bill a place on the Thursday calendar, revolt was to flame in the lower house of the state legislature today. Labor interests, strongly entrenched and warmly supported by both democrats and republicans, disgusted with the kind of political leadership copied from the tattered pages of Edward Schorr's obsolete text book, were to force the issue and kick over the flimsy barrier set up by Hamilton and his floor leader, Lester J. Abele. The "yellow dog" bill comes before the senate in the form of Senator Joseph Ackerman's senate bill 108 providing that provisions in any contract negotiated between labor and capital whereby a workman undertakes to refuse to belong to or join a labor union are null and void.

Passage Is Predicted "The bill will pass," predicted Senator V. D. Emmons, "and will be sent over to the house this afternoon." Even before that, the fireworks will start in the lower house. Representative W. W.

Weir Trumbull county will pave the way by moving to change the rule of the house so as to permit the membership to summon a bill for consideration out of its order and in defiance of any program established by the calendar committee. The fight on that motion may occupy most of the afternoon. It will find the Summit county delegation divided with Oakley Spaght, democrat, and Cari Sheppard, republican, inclined to support Weir. All Tuesday, house leaders and influential members in the dissenting faction conferred. An eloquent testimonial to the lack of real leadership on the part of Hamilton and Abele is found in the fact that they made no effort to compromise by proposing to consent to give the yellow dog bill and other measures space on the calendar even as far ahead as Friday.

Backs Speed Bill The house calendar Tuesday was almost devoid of interest except for a sporadic effort on the part of Fred Myers of Lucas county to put over a speed bill carrying stipulated speeds on city and county highways of the state. The bill adopted part of the uniform traffic code sponsored by the Hoover committee. After it had been amended to strike out everything in the bill except the preamble and the title, it went down to defeat 14 to 95, receiving the most pronounced beating of any measure recorded in the minutes of the present legislature. In the senate, the Gunsett bill, previously passed, was called back from the lower house on the plea that it had been improperly amended and passed again, in substantially the same form. amended, the measure, which deals with regulation of motor passenger and freight busses, is a victory for the motor transport interests.

Aids Transport Firms Motor transport concerns, providing the bill finally becomes a law, no longer will need to tise in every county served by their trucks when they wish to change the weight or capacity of one of their machines. They also can contract with other companies to arrange for through service and need only to show "improved service, economy of operation and public convenience." They do not need to prove "necessity and public convenience," as under the present law. The railroads object to the bill and their spokesmen have pointed out that it served merely to enrich motor bus transport lines and widen the authority already given them to use the public highways. Senator Frank E. Whittemore succeeded in amending the Silbert bill providing for an allowance to law libraries from fines in municipal court.

The present law greatly restricted the amount that might be paid over to the support of the Akron law library and the Akron Law Library association. The amendment brings the total that may be received by the Akron association to between $2,000 and $3,000 a year. Under the bill as proposed in the house measure only about $800 a year would have been available. The Cave bill passed the senate Tuesday afternoon, furnishing a new basis for municipal accounting in Akron and other cities of the state. Where cost of an item of public improvement is greater than $1,000 city engineer or other contracting officer may contract for the work without advertising for bids providing an actual record is kept.

This presumes that the construction work be done by some branch of the city government. If let to outside contractors, bids must be asked for in the usual manner. It was explained in behalf of the measure that much of the labor connected with street widening might be undertaken by the city departments which could successfully compete with costs established by private contractors. Pass License Bill The Aumend bill received an astonishing indorsement in the senate where it passed Tuesday 24 to 2 after attracting furious opposition in the lower house. The measure Pittsburg Woman Speaks At Church Mrs.

Daisy E. Lampkin of Pittsburg, field secretary for the National Association for the Advancement of Colored People, will speak at Second Baptist church, 188 E. Center at 8:30 p. m. Thursday on "The Negro as a Contributor to American Ideals." The address is under the auspices of the Akron branch of the national association, RECESS IS BLOW TO MARCH PLANS Legislature's Vacation Covers Dates Unemployed May Reach Columbus TAG DAY IS If the great army of unemployed from Cleveland, Akron, Toledo, where Youngstown, in Ohio Cincinnati march and th else- the doesn't on state legislature prior to April 27, the foot- sore will find, when they arrive at state that hikers, the assemblymen are in recess.

City council has approved a tag day for next Saturday, when the Akron unemployed council will seek to raise funds with which to feed the marchers when they arrive here from Cleveland, Bedford and Northfield on April 17. Ready For Rest legislature is to adjourn Fridayao, this week, and remain in recess until May 11. If the unemployed hikers carry out their announced purpose of starting from Cleveland, Youngstown and Toledo on April 16, and arriving in Columbus on April 26, they will find all of the legislators gone home. Akron unemployed will not take the initiative in the matter, but will await decision from Cleveland headquarters before making any announcement about the forced march, Andy Parks, spokesman for local group, announced. Other Cities Backward A communication from persons promoting the march of unemployed to Columbus, where they propose to demand immediate unemployed insurance, asking that fod and shelter be provided in Wooster for an overnight stay on April 19 met with no favor by the Wooster council.

Council took the position that it had no relief fund, this authority being vested in the township trustees. Alliance will not extend the glad hand the marchers who are slated to bivouac there the night of April 17, Mayor Carl F. Hari today informed advance men sent out by the Unemployed Council of Ohio that city council Monday night had flatly refused to appropriate funds to feed the marchers and had made no provision for sheltering the column over night. Akron-Cleveland Quotations BY OTIS Central Depositors Bank Bldg, Rubber Stocks Last Sale Bid Ask Akron do Rubber Reclaim 2 2 7 pid 20 85 Falls Rubber com 1 4 do pid 6 Firestone com 16 17 do 6 pc pfd 60 62 General com 97 96 105 do 6 pc pid 82 Goodrich com 16 16 17 do pid 57 05 do pc bonds 101 Goodyear com 43 43 44 do 7 pc pid 86 85 87 do 6 pc bonds 91 91 92 India com 12 11 12 Mohawk com 7 7 do 7 pc pfd 30 30 Seiberling com 5 do 8 pc pfd 32 32 40 Miscellaneous Stocks Allen Indus com 8 do pfd 20 20 22 Amer Vit Prod 6 Electric Controller 60 Diamond Match 19 854 20 Continental Shares 8 Federal Knitting 28 28 30 Jeager Machine Kaynee Co 25 National Tile 7 Ohio Brass com 60 60 60 Ohio Brass pid 107 107 Reliance Mfg 22 25 Richman Bros 63 62 63 Sherwin-Williams com 65 65 67 do pid 108 109 U. S.

TREASURY REPORT WASHINGTON, April 8. (AP)--Treasury receipts for April 6 were expenditures balance 054,814.78. Customs receipts for the month to the close of business April 6 were 169,665.04. provides that 5 to 30 days must elapse after application has been made for a marriage license before the clerk may issue one. Through efforts of Senator Frank E.

Whittemore of Akron, the Johnson bill, brought over from the lower house, passed Tuesday. The billl gives Andrews College for Girls at Willoughby the right to dispense with the services of the governor, a stray congressman and the mayor of Willoughby in handling the affairs of the institution. Experience has demonstrated that the present board of trustees is unwieldy and that its members can seldom be assembled. The measure as passed enables the trustees to pick their own successors and aims at ultimate control of the school by the more prominent alumni of the institution. EUROPE AT THE COST OF AN ORDINARY VACATION I Escorted, all -inclusive "Popular Tours" to meet every travel need finest transatlantic liners excellent hotels delightful motor trips Itineraries include: Capitale and Large Cities of Europe The Heart of Europe (by motor exclusively) North Cape, $298 up.

Cool's Travellers' Cheques FOR FULL INFORMATION APPLY Your local agent or THOS. COOK SON 587 Fifth New York Commodity Markets RETAIL MARKET By The Mayflower Market Celery, stalk, 13c, 2 for 26c Cucumbers, each Eggplant, each Apples, pounds .250 Bananas, 5 pounds 25c Beans, lb. 2 for 35c Carrots, bunch Cabbage, per pound 3c Cabbage, new, per pound 4c Cauliflower, pound 15c Celery, bunch 13c, 2 for 25c Endive, green, 2 pounds .250 Endive, bleached, pound 13c, for Grapefruit, 3. for 250 Grapes. lb.

25c Beets, bunch Lettuce, Iceberg, head 10c Mushrooms, pound Onions. dry, lb. 1c Onions, green, bunch 5c Peppers, hot, dozen Peas, 2 lbs. 25c Potatoes, peck 25 Potatoes, new, pound 7c Potatoes, sweet, 3 pounds Strawberries, pint 19c Tomatoes, pound 15, 19, 25c DIARY PRODUCTS By The Mayflower Market Sumner's butter, tubs 34c, prints Cheese, Swiss, pound Cheese, York State, pound 30 Eggs, firsts, dozen MEATS By Zimmerly Bros. Beef roasts.

No. ....300 Beef roasts. No. .230 35 Beef steaks, No. 2 GRAIN By Botzum Bros.

Eggs, fresh, dozen 25c WHOLESALE MARKET FARM PRODUCE Summit Growers Market Co. Oats, bushel 520 Chop feed, cwt. Straw, cwt. 80c Amolens, cwt. $2.20 Timothy, cwt.

$1.40 Clover hay, cwt, $1.75 Alfalfa hay, cwt. $2.10 Scratch feed, cwt. $2.05 Shelled corn, bushel ..900 Standard middlings, cwt. $1.55 SUGAR, FLOUR By The Acme Stores Sugar, 25 pounds $1.35 Gold Medal flour, sack 90c Mother's flour, sack 750 Ohio Queen, large sack' 60c Flour, pastry, barrel $4.40 Potatoes, new, peck 35c Apples, various kinds, bushel Cabbage, cwt. $2.00 Cabbage, new, cwt.

$2.50 Carrots, bushel 65c Cauliflower, crate $2.50 Celery, basket, 2 doz. Endive. Basket $1.00 Onions, cwt. $1.50 Radishes, red, homegrown, basket bushel $1.25 Spinach, bushelu $1.25 Squash, Hubbard, cwt. $3.00 Lettuce, leaf, basket $1.25 GRAIN By Louis Schott Sons Co.

Wheat, old and new 72c Rye, Bushel 50c Oats, bushel 40c LIVESTOCK By Zimmerly Bros. pound Calves, medium, pound Hogs, pound Lambs, DRESSED MEATS Prices Quoted by Armour Co. Steers, prime, pound Steers, fores, pound Steers, hind, pound 20c Steers, chucks, pound 14c Steers, loins and ribs, Steers, fair to medium, pound Steers. fair fores, Steers, fair hinds, pound Steers, fair chucks, pound Steers, loins and ribs, pound Cows, pound Cows, fores, pound Cows, Cows, ribs hind, and pound loins, pound 16c Calves, choice, pound Calves, culls, pound Calves, medium, pound Lambs, choice, pound DAIRY PRODUCTS Butter, pound Eggs, fresh, dozen Paid Farmers By Acme Stores Eggs, fresh, local farm, dozen 19c DRESSED MEATS By Zimmerly Bros. Pork loins, pound 18 20c.

Fresh ham, pound Bacon, pound Lard, pound 116012c Prime cows, pound Prime steers, pound 16 Common cows, pound MILK By Akron Pure Milk Co. Milk, fluid, 100 lbs. $2.30 Payments On Nearly 40 Per Cent Of Loans Due Within 90 Days MAY SEEK CONCESSIONS CHARLES F. Beacon Journal Special Dispatch WALL STREET, NEW YORK, April 8. The next 60 to 90 days will be a critical time for the government and state treasuries of Brazil and for the holders of their dollar obligations, In this period, interest 1 and sinking fund payments on nearly 40 per cent of the entire amount of Brazilian loans floated in this country will be- Chas.

F. Speare come due. These payments will have to be met on 15 of the 30 loans contracted in the United States in the last 10 years. Five of them must be taken care of May 1 and the same number on June 1, the latter involving more than half of the debt service in the present quarter. The outstanding amount of bonds which interest or sinking funds are payable between now and July 1 is approximately $163,000,000 of the total of all Brazilian loans of about $400,000,000.

The debt service requirement in the months of May, June and July is estimated between $5,500,000 and $6,000,000. Trouble Is Anticipated Judging from the fact that on the 15 different loans affected in the present situation, there has been a depreciation of nearly 000,000 in market value, with about half of this number of loans selling below 50 and several under 40, it is apparent that holders of them anticipate trouble for Brazil and her political divisions in obtaining funds to meet the current requirements, After the revolution in Brazil last year, the representatives of the new government stated that they would do everything possible to maintain the sanctity of Brazilian credit. They recognized the necessity for preserving their credit status abroad in order to negotiate additional foreign loans at such a time as markets had recovered and were friendly to foreign issues. The strain on Brazil of the world-wide economic depression and of a foreign debt entirely out of proportion to her normal resources has placed her in the position where it is believed by bankers here that she will be forced to ask for some concessions on the part of her creditors. One opinion is that a part of the nearby debt service will be paid in script instead of in cash.

It may be necessary at the same time to default, by consent of bondholders, on sinking fund payments. Such payments have always been an embarrassment to weak government and corporation debtors and have frequently brought about trouble that might have been avoided if interest on debt had been the only obligation. Bond Prices Fall Bolivia and Peru have already defaulted on dollar loans, and the prices of their bonds quoted on the New York Stock Exchange have fallen to about one-third of that at which they were originally placed among American investors. Six of the Brazilian issues were quoted today at figures approximately 40 per cent of those when they were brought out in recent years. They are now in about the same average price area as were the Bolivian and Peruvian issues just prior to announcement of default.

It is understood that heavy liquidation of Brazilian dollar loans has been taking place recently for European account. In nearly all of these loans offered by American bankers, a participation was given to issuing houses in London or on the continent. A specialist in foreign bonds said today that he believed that Europe had now sold back nearly all of the South American dollar bonds to which she had subscribed in the last five years. This has placed additional weight on a market that has had difficulty in absorbing a steady stream of liquidation for the account of private investors and corporations in the United States. It is obvious that with the losses that American investors have taken in South American securities, both in depreciated capital and in loss of income, it will many years before it will again be possible for any great volume of loans to the defaulting countries to be successfully negotiated here.

Pneumatic Casing Output Increased Production of pneumatic casings in February increased 3,985,343 units from 3,674,627 in January, the Rubber Manufacturers association reports. The February figure was still below the 4,555,758 units produced in February of 1930. February shipments totaled 684, a decrease of 9.2 per cent under January and 18.9 per cent below that of February last year. The usual seasonal decline is about 8 per cent in shipments. Pneumatic casings on hand Feb.

28 totaled 9,535,650, an increase of 6.5 per cent over the January figure, but 23.2 per cent below the total at the end of February last year. Freight Loadings 1,863 Cars Lower WASHINGTON, April 8. (AP)Revenue freight loadings for the week ending March 28 were announced by the American Railway association as totaling 740,079 cars. This was a decrease of 1,863 cars below the preceding week and 245 below the corresponding week last year. Miscellaneous freight loading totaled 286,951 cars, a decrease of 625 below the same week in 1930; merchandise 222,528, decrease coal 126,292, decrease forest products 34,797, decrease ore 6,183, decrease coke 6,992, cease, grain and grain decrease live stock 19,434, decrease 4,142.

Mechanical Nose Hazard For Drinkers This mechanical nose knows if you have been indulging in the forbidden delights of John Barleycorn. It is an apparatus invented by Dr. Rollo N. Harger, toxicologist, at the University of Indiana, which detects the presence of alcohol in the breath. Where a suspect refuses to offer a sample of his breath in evidence the apparatus is simply placed under his nose, and if he is guilty of indulgence in the Volstead Taboo, a chemical action takes place in the device, which, not being his best friend, tells about it.

The inventor claims it is infallible. WHEAT QUOTATIONS CHANGE BUT LITTLE New Crop Futures Off, Old Months Make Fractional Advances By GEORGE C. SCHNACKEL Beacon Journal Special Dispatch CHICAGO, April prices were little changed today. Old crop months were fractionally higher and new crop futures a fraction lower. Weather over the Canadian west was more favorable with some precipitation in Alberta and Saskatchewan, May old opened at 83 83 1-3, new 84 1-8; July 7-8 to 61; Sept.

59 1-2 to 3-8; Dec. 62 3-8. After the first half hour May old 83 1-8, new 84 1-8; July 60 7-8; Sept. 59 1-2; Dec. 62 1-2.

Corn prices also were irregular. Trade was largely local and featureless. May old opened at 60 to 60 1-4, new 61 1-4; July 62 1-8 to 3-8; 1 Sept. 60 3-4; Dec. 53 1-8 to 1-4.

After the first half hour May old 60 3-8, new 61 1-4; July 62 1-2; Sept. 61; Dec. 53 1-4. Oats showed little change. May old opened at 29 7-8 to 3-4, new 30; Dec.

32. After the first half hour May old 29 7-8, new 30, Dec. 32. Provisions were easier. Grain Futures Close Close Open Year Ago Yesterday Today Corn- Old New Old New May .60 .60 July Sept.

.89 Dec. .83 WheatMay 1.13¾ .83 .84 .83 July 1.15⅛ Sept. 1.17% .59 .59 Dec. 1.22 .62 OatsMay .30 July .301 Sept. Dec.

.32 .32 RyeMay .36 .35 July Sept. Dec. .41 LardMay 10.40 8.87 July 10.62 9.00 Sept. 10.82 9.15 BelliesMay 13.65 10.65 July 13.62 10.80 CHICAGO PRODUCE CHICAGO, April 8. (INS) -Butter-Recelpts 13,989 tubs; creamery extras 25c; firsts standards extra firsts packing stock specials Eggs--Receipts 33,152 cases; graded firsts extra firsts firsts 18c; dirties checks 16c.

ordinary Cheese--Twins, new Young Americas Daisies double brick, Daisies Longhorns fancy 14c; prints Live poultry-Turkeys 250; old hens, 5 lbs. and over 19 20c; Leghorn hens 19c; roosters 15c; ducks 23c; geese 15c. Potatoes- Receipts 109 cars; on track 335; U. S. shipments 585; Wisconsin sacked Round Whites ungraded $1.40 Minnesota sacked Round Whites $1.45 (01.50; Idaho sacked Russets No.

1, No. 2, Nebraska Triumphs $2.00. CLEVELAND LIVESTOCK CLEVELAND, April 8. (INS)-HogsReceipts holdovers none; 10 cents to mostly 15 cents lower; pigs 25 cents off and sows and stags steady; run grading largely good to choice; 160 to 210 lbs, sorts 825; pigs and 220 to 250 lb. kinds 800; 260 to 300 lbs.

775; rough sows 625; stags 425, Receipts 450; very dull; around 25c lower; common to medium light steers eligible around predominating; cows steady to weak, around 300 500 on bulk low cutters to good kinds. Calves--Receipts 800; vealers weak to mostly 50 cents lower; better grades 950 (1050, mostly 10c down; cull and common 600 750; mediums Sheep--Receipts mostly steady, considering, (0900, quality of best most clipped common lambs 925; to medium sorts fat clipped ewes 500 down. PITTSBURG PRODUCE PITTSBURG, April 8. (IN -PoultryMarket good; demand steady; supply adequate; heavy hens 24c; medium hens 24c; Leghorn hens 20c; Leghorn broilers 32 36c; colored broilers roosters 13c; ducks stags 16c. Dressed poultry--Market steady; heavy hens medium hens Leghorn hens roosters Butter -Market steady; demand good; supply adequate; 92 score 89 score 88 score standard Eggs--Market good; demand good; supply good; nearby current rceeipts, graded firsts 19c; fresh extra whites hennory eggs, whites Vegetables -Market steady; demand slow; supply adequate; tomatoes, lug boxes, Mexican 6x6 Mexican 6x7 $3.00 7x7 cabbage, crate, Texas savoy 2.00.

COTTON MARKET NEW YORK, April 8. -Cotton prices dropped another 5 to 10 points at the opening of the market today. There was a heavy accumulation of overnight selling orders, both from abroad and from shorts, who believe that current crop statistics warrant cotton prices under 10 cents. Opening prices were: May 10.27, off July 10.48, off October 10.80, off December 11.03, off January 11.10, off 10; March 11.29, off 8, GROUNDED LINER FREED FROM BAR Berengaria Imprisoned On Mud For 13 Hours; Take Passengers Ashore BELIEVE BOAT DAMAGED Rail Stocks Fall Railroad stocks sagged in the early trading, special weakness appearing in the higher priced issues. Before noon Union Pacific and New York Central were at new lows for the year and Atchison was not far above its previous low.

Selling of such high grade investment stocks as these brought offerings into others of the group, including Missouri Pacific preferred, St. LouisSan Francisco and Northern Pacific. All of them lost ground but without much increase in activity. While there was no official information as to the terms of the Fox Film financing, the market seemed to think that the effect on the stock would be unfavorable, perhaps affecting the Fox sold off three or four points, with weakness in General Theaters Equipment, Eastman Kodak rallied on, the favorable annual report but failed to hold the gain. Although Eastman's earnings were equivalent to $8.84 a share, the margin over dividend requirements was not large and the price was considered a liberal appraisal of earning power.

Merchandising Issues Special weakness showed itself in Texas Gulf Sulphur. Merchandising stocks were heavy, including Macy Woolworth. Directors of Woolworth declared regular dividend, although there had been some expectations of an increase in the rate. Against these declines was another violent upturn in Auburn Auto amounting to almost 20 points, putting the stock to a new 1931 top. The pyrotechnics in this closely held, easily manipulated stock were no help to the rest of the market.

However, motor stocks did better than other industrials. The weekly reviews of the iron and steel trade gave some encouragement to buying of motor shares and were not pessimistic as to the steel trade itself. U. S. Steel recovered a point or two from Tuesday's low and there was some covering in Bethlehem Steel.

The utilities were alternately strong and weak and the oils did little one way or the other. Money renewed at 11-2 per cent and was in good supply at that rate. Everyman's Investments -By GEORGE T. HUGHES- EDITOR'S NOTE: This is the 12th of a series of articles discussing the application of investment principles to present day conditions in business and in securities. Diversification And Supervision Whatever investment program is adopted there are two for which there are no substitutesadequate diversification and competent supervision of securities after they are acquired.

Diversification should extend to the type of securities purchased, that is to say, bonds, stocks, and mortgages. It should extend to the kind of industry represented. The old distinction was between railroad and industrial investments. The latter have more recently been subdivided into industrials proper and utilities. Among the industrials there is need for spreading out the risk over as many fields of enterprises as possible.

Geographical Distribution Necessary Even though the investor is convinced that the package food business, for instance, presents the most attractions at this time he should have only a proportion of his funds tied up in that line. Diversification should include proper geographical distribution. If it is decided to make utilities the leaders on the list, the security buyer should see to it that different sections of the country are covered. In some instances it may be wise to diversify with respect to the dates at which the income is to be received but that is not always necessary. The matter of supervision is not so easy to deal with.

It is never safe to buy stocks or bonds and "put them away and forget them." There is not so much danger if the selections are conservatively made in the first place and yet danger in some degree is always there. Investment conditions are subject to constant change and someone must be responsible for anticipating those changes as far as possible. If the investor is unable to do this for himself he must find someone to do it for him. Trust companies sell such a service and offer one solution of the problem. Investment bankers also can help.

Somehow the supervision must be found. OHIO INCORPORATIONS COLUMBUS, April 8. (AP)-Incorporations filed with the secretary of state yesterday and incorporators follow: CLEVELAND- The Cleveland Orthopaedic Brace Mfg. 250 shares, no par value and Benjamin E. Mitchell, Harry F.

Glick, Bert D. Glick. The Cleveland Formgrader 1,000 shares, no par value; Thomas W. Dieckmann, Jasper G. Tullis, Elroy F.

Schumacher. COLUMBUS Bureau Agricultural Credit George L. Cooley, M. D. Lincoln, L.

B. Palmer. CINCINNATI-The Norwood 2,000 shares, no par value; John H. Clippinger, Morris Lippincott, John R. Bullock, By the Associated Press SOUTHAMPTON, April 8.

-The giant Cunard liner Berengaria was anchored in a dense fog off Nab Tower, at the entrance of the spithead today, after several hours aground during the night. Blinded by a heavy fog the liner went aground early in the evening as it proceeded from Cherbourg. There was a jar and a heavy crunching sound, and then the vessel shivered and its engines were thrown in reverse to try to refloat it. Ship Casts Anchor These efforts were continued for about two hours, but in vain. Four tugs went out from Southampton but their efforts were futile too until reinforced by two others and a rising tide at 3 a.

m. today when the ship, once the German Imperator, was refloated. The fog was still too dense to proceed and the ship anchored nearby. All but 75 of the liner's passengers were removed by tender shortly after the accident and taken to Southampton. Others remained aboard, electing to spend the night on the ship rather than risk the trip by small boat into port.

May Need Repairs It was believed that the Berengaria, which left New York March 31 and was en route here from Cherbourg in completion of its voyage, would have to go into drydock for repairs, although she received only minor injuries in the mishap. The Berengaria, which was part of Britain's spoils from Germany as a consequence of the World, war victory, is commanded Britton. The Berengaria was stuck in the mud for 13 hours altogether, being floated shortly after high tide early today. CHICAGO LIVESTOCK CHICAGO, April 8. (INS) -Hogs-Receipts market 5 to 10c lower; top 800, bulk heavy weight medium weight light weight 755 (800; light lights packing sows pigs holdovers 9,000.

Cattle--Receipts market steady to weak. Calves Receipts market, steady; beef steers, good and common and medium yearlings butcher cattle, heifers cows bulls calves 850: feeder steers stocker steers stocker cows and heifers 650. Sheep--Receipts market steady: medium and choice lambs culls and common yearlings common and choice ewes feeder lambs TOLEDO LIVESTOCK TOLEDO, April 300, 10 to 20c lower; heavy mediums heavy yorkers light yorkers 750 mixed bulk 790; pigs 775: roughs Cattle steady. Calves 50c lower; top 1000. Lambs steady.

Milk, manufactured. $1.50 POULTRY Prices Paid Farmers By Dettling Bros. Heavy hens, pound 230 Medium fowls, pound 24c Leghorn hens, pound 210 Heavy springers, pound Leghorn broilers, pound 160 Ducks, pound 25c Geese, pound HIDES By Shaffer Leather Co. Hides, cow, No. 1, 3c; No.

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