Indianapolis Times, Volume 40, Number 142, Indianapolis, Marion County, 3 November 1928 — Page 13

NOV. 3, 1928

EARLY WHEAT BULGE CUT BY PROFIT-TAKING Corn Also Weakens After Strong Start; Trading at Chicago Quiet. Bu Urited Press CHICAGO, Nov. 2.—Profit-taking cut an early bulge in wheat on the Board of Trade today and prices reverted to closing levels. • Corn also weakened after a strong start. Oats showed independent strength and scored slight gains. Wheat closed unchanged to % cent higher, corn ranged from 14 cent off to % cent up and oats were unchanged to 14 cent up. Provisions were slightly lower. Trade in wheat was quiet most of the season. Many operators were inclined to await Hoover’s speech at St. Louis tonight in the belief that his treatment of farm relief might affect the market. Eastern concerns, foreigners and commission houses were on the buying side early in the day. Corn was strong at the opening due to the unfavorable weather. Receipts at many terminals showed that the crop movement had been retarded considerably. During the late trade profit-taking by uneasy longs developed. May oats was in good demand. Commission bought moderate quantities of all deliveries. Chicago Grain Table —Nov. 2 WHEAT— Open. High. Low. Close, close. Dec... 1.16% 1.17 115% 1.16 V* 1.16 V* March 1.21% 1.21% 1.21 1.21% 1.31*4 May.. 1.24% 1.24% 1.23% 1.23% 1.23% CORN— Dec... .83% .84 .82% .83 .83V* March .86% .86% .85% .85% .85% May.. .88 Vi .89 .87% .88 .87% Dec ATS ~43% .43% .43% .43% .43% March .44% .44% .44% .44% v 4% May.. .45 Va .45% ,45Va .45Va .45 N(n- A . R n~64 11.42 11.37 11.37 11.40 Dec . 11.62 11.68 11.55 11.55 11.60 Jan . 12.05 12.05 12.00 12.00 12.02 Mar . 12.20 12.20 12.'7 12.17 12.17 p RIB 10.90 11.12 10.90 11.07 10.60 De R ' E ~l.O2% 102% 1.01% 102 1.02% March 1.05% 105% 1.0*% 1.04% 1.05% May.. 1.07% 1.07% 1.06% 1.07 1.07% B,u Times Ftyretnl f!j.lTr>oo No". 2.—Oerlots: Wht. 78: corn. 361; oats. 32: rye. 6; barley. 28. B" Press No" 2— r ’"sb grain clr>'*: n...t_4To', 2. $' 44%01.45%. Cor"—N" 0 " s r - jjo. 3 (WiaifMr. Rye—No, 2. *1 14 O-ts—NO. 2 46%'7f*%C. B" rlpv~~ No 2 64® M". Clove-—Cash, eM. slß.iocs**. now *’*> *0: D-o-ober. $lB 65: css* jmnn-ted. ’ $13.60; npoen’ber. 1™>oo"teo, sl3 60- ,Tnnrv. I’nnorto'l. $lB $0: .Tan„or'n s'9o- Rebruorv. $18.90 TimothyCash oirf $3 on- cash. new. $2.80: December $2.90. A'siko—Dash. -new. sl9"s: December $19.75. B”tter—47®s2c. Eggs 40 0 44c. Hay—sl.3s cwt. By railed Press CHICAGO, Nov. 2.—cash erain close: Wheat— No. 2 red. $132%: No 2 har* $1.18%® 1.18%: No. 3. M. 16%; No. 3 northern snrine sl.'o: No. 1 raolxec. $1 17% Co r n—No. 3 mixeti. 88c: No. 4, 81'4c- No. 5. 80c- No. 6 78c; No. 3 yellow 83 %084 %c • No. 4. HU'’ 82c; No. 5, 79 08014 c; No. 6, 7i'-08O%c; No. 4 dhlte. 81 0816 c: No. 5, BOoßO>'-c: No. 6. 77%c----samnle tirade. 728 0 78c. Oat*—No. 2 white, 47c: No. 3 . 41 0 43c; No. 4. 400 *o%c. Rve—No 2 3’05%. Barley—s3® 62c. Timothy— ss.loos.7o. Clover @31.50. P.u Times Rpccinl, CHICAGO. Nov. 2 Primary—Receipts: Wheat, 1,451.000 against i,646.000: corn 1 130 000 against 675.000; Oats 404000 a’a-ainst 424.000. Shlnments—Wheat: 1.630 - 000. against 1.262 000- twr. 3,320.000 against 1.720 000; oats. 372.000.

Produce Markets

Butter (wholesale nrletM— No. 1. 50 0 52c No. 2. 46049 c. Butterfat. 50c. Cheese (wholesale selltns nrices. per pound'—American loaf. 34c: pimento loaf. 36c: Wisconsin flat. 27c: prime cream 27cDaisy. 27c: Longhorn. 27c; New York Limberaer. 30c. _ . . „ . , Fees— B"viny nrices: Fresh delivered at Indianapolis, loss off. 34c Poultry (buvine price*'—Hens. 24c: Leghorn hens. 17019 c: 1928 spring, large breed. 2 lbs. and up. 23@24c: 1 to 1% lbs., large. 29c: Leghorns. 18020 c: old roosters, large. 12c: small. 10013 c; ducks. 12@15c: geese, 10012 c; guineas, young. 50c: old 35c CHICAGO. Nov. 2.—Eggs—Receipts. 194 cases; extra firsts, 41c: firsts. 37@40c; ordinaries. 28031; seconds. 24027 c; refrigerator extras. 31%c; refrigerator firsts. 30%c. Butter— Receipts. 6,489 tubs: extra*. 47%c: extra firsts. 46@47c: firsts 43%®45e: seconds, 41@42%c; Standards. 46%c. Poultry—Receipts. 2 cars; fowls. 18@26'-c: springs. 18@25%c. Cheese—Twins. 23c: Young Americas. 23%c. Potatoes— Arrivals 110. on track 482; in transit. 863; Wisconsin sacked round whites, 70080 c; mostly 80 085 c; Minnesota and North Dakota sacked round whites. 70@83c; sacked Red River Ohios. 90 0 96c: South Dakota sacked early Ohios. 800 85c; Idaho sacked Tussets, [email protected]; few fancy, $1.75: mostly $1.6001 65. By United Press _ , CHICAGO. Nov. 2—Closing futures ouota tions on the Chicago mercantile exchange. Eggs—Refrigerator stands: November. 30c: December, 30%c: fresh gathered firsts. February. 28c. Butter Storage standards; December, January. 45%c.

Commission Row

PRICES TO RETAILERS FRUITS Apples—lndiana Jonathan, $1.5002 crate; box Jonathan, $2.2502.50; box Grimes. $1.7502.25. Cantaloupes—Persian. $3.75: Casaba, $3 Cranberries —$4.25. 25 lb. box. Grapes—Seedless. $2.50®2.75;- Concord, 30c a five-pound basgket; Tokay. $1.65@ 1.75. , Grapefruit—s4.2so4.so. Lemons—California. $707.50. Limes —Jamaica. $2.2502.50 per 100 Oranges—California Valencias, $709.25 crate: Florida. $ ,? ©7.50. Pomegranates—s3 crate. Persimmons—Japanese $2.7503; Indiana. $1.25 a box of 12 pints. Pears—BOsc.. $4.50; An.iou, $404.50. Plums —California. s2@3 bushel. VEGETABLES Artichokes —$1.75 a doz. Beans—Southern stringless, $4.50 bu.; wax, $4. Cabbage--Fancy home-grown. $2.50 bbl.: Wisconsin. 2%®3C lb. Cauliflower —California, $2.50®2.75. Celery—Michigan, $1 crate; home grown. 25@45c doz. bunches. Cucumhers —Indiana hothouse, home grown. $2.50 doz. Eggplant- -$3 doz. Kale—Spring. $1 bu. Mustard —Fancy home grown. $1 bu. Okra—Tennesse, $1.50 basket. Onions—Home-grown yellow. $202,25. 50 lbs.. Utah, large, $4.50 per crat; California, Parsley—Home grown. 50c doz. bunches Peas—California. S7OB. 45-lb. crate. Peppers—Home-grown Mangoes. $2.50 bu. Potatoes —Michigan round whites, $2, 150 lbs.; Ohio. $1.50 01.75. Radishes—Hothouse, button, 50c dozen bunches. . Spinach—Fancy home grown, $1.25® 1.50 bu. Tomatoes—California, 30 lbs,, $2.75; hothouse, $2.50. Cocoanuts —$6.50 per bag of 100. Sweet potatoes—lndiana Jersey, $2.25 per bu.; Virginia Jerseys, $3.50 0 3.75 per bu.: Tennessee Nancy Halls, $2,50 a hamper. By United Press CHICAGO. NOV. 2.—Apples. $4.50 05.50 per barrel; pears. $2.5003 per bushels. RAW SUGAR PRICES High. Low. Close. January 1.96 1.94 1.94 March' 2.01 1.98 2.00 May 2.08 2.07 2.08 July 3.17 2.15 2.16 September 2.24 2.22 2.23 December 2.94 2.92 2.93 NEW YORK COFFEE RANGE High. Low. Close January 15.65 ..... 15.65 March 15.30 16.27 15.27 May 14.83 14.83 14.83 July 14.43 September 14.20 14.14 14.14 December 15.95 15.90 15.96

New York Stocks

’ IBs Thomson A McKinnon)

—Nov. 2 Prev. Railroad*— High. Low. Close, close. Atchison ....... 191 Va 190 190 191 At! CoastL 164 163% 164 163% Balt & Ohio ..112% 111% 111% 112 Va Canadian Pac .221 218V* 218% 221% Chesa & Ohio ..187% 187 187% 188 Ches Copp 66 V* 67% Chi & N West.. 87% 86% 87% 87 Chi Grt West 13 13% O R I & P 132% 131% 132 132 Del & Hudson 190 Del & Lacks 128 128 Erie 58% 55% 56 56% Erie Ist pfd 58 67% Grt Nor 100% 100 y 100% 101 111 Central ....139% 139 139% 140 Kan City South. 69 68% 68% 69 MK & T 46% 44% 45% 45 Mo Pac pfd ....123V* 121 121 121% N Y Central ....174% 173 173 174 N Y C & St L 124% 125% NY NH & H.... 66% 65% 65% 67 Nor Pacific ....100 98% 100 99% Norfolk & West 182% 183 Pennsylvania .. 64% 64 64 64% P & W Va 164 152% 152% 156% Reading 103 102% 102% 102 Southern Rv 145% 144% 145V* 144% Southern Pac .122% 121 Va 121% 122% St Paul 34 33 V* 33% 33% St Paul pfd... 50 48Va 48% 49% St L& S W.... 120% 117% 117% 118% St L & S P.... 116% 115% 115% 116 Texas & Pac 189 Union Pacific ..209 206 % 207% 209 West Maryland 41% 40% 40% 41% Rubbers— AJax 8% 8% 8% 8% Fisk 12 11% 11% 11% Goodrich 81% 80 81% 80% Goodyear 81% 78% 79% 80% Kelly-Bpefld 23’/ 21 Vs 22% 21% United States .. 43% 38 Vs 41% 38 % Equipments— Am Car & Fdy.. 92Ve 92V* 93% 93 Am Locomotive 95 Va Am Steel Fd... 57% 56% 56% 57 Amer B Shoe... 41% 41 41 41% General Elec ..168 166% 167 166 Gen Ry Signal 102% 101% 102% 102% N Y Airbrake... 41% 41% 41% ... Pressed Stl Car 22% 22 22 22% Pullman 84% 82% 83% 84V, NVestingh Air B 43V* 42% 43% 43Vt Vestlngh Elec ..115% 113% 113% 113% Steels— Bethlehem 65% 65% 65% 65% Colorado Fuel .. 67% 66 67% 66% Crucible 77% 76% 76% 77 Otis 32 31% 31% 31% Rep Iron & Stl. 78 76% 76% ’’B U S Steel 162% 160V* 161 162% Alloy 40% 36 % 39% 40 Warren Fay .... 32 ... 30% 31 Vanadium Corp.. 85 ... 84 84% Motor*— Am Bosch Mag.. 36V* 34% 34% 35% Chrysler Corp ..128 123% 125 126% Conti Motor . 18% 15% 16 16 Dodge Bros ... 26 ... 26 25% Graham Paige.. 43% 43 43% 43% General Motors 224% 221% 2214s -2% Hudson 84% 83 Va 83% 88% Hupp 72% 71% 72 71% Jordan 13% 12% 13% 13% Mack Hotors... 95% 92 93 93 V* Martln-Farry .. 18 ... 17% 17% Moon 7 6% 6% 6% Motor Wheel . .37% 37 37% 37% Nash 91 90Vs 90% 91% Packard 94% 92V. 93% 93 Peerless 28% 16% 17 17% Pierce Arrow .. 19% ... 19% ... Studebaker Cor.. 76% 75% 75% 76% Stew Warner ..108% 105% 106% 106 Eaton Axle 57 56% 56% 56% Timken Bear ...141 138% 140 140% Wtllys-Overland. 28 27% 27% 28 Yellow Trk .... 36V 35% 36% je% White Motor... 38% 36% 36% 36% Mining— Am Smlt & Rig. .268 266% 264% 267% Aaconda Cop... 89% 88% 89% 59% Calumet & Ariz.. 116% 115% IISVa 115% Cerro de Pasco 102% ... 100V* 102V* Chile Copper ... 80 58% 59Vs 60 Greene Can Cop 139 135% 137% 138% Inspiration Cop 30V, 38 30% 39% Int Nickel ....192% 188% 190 192', Kennecott Cop 125% 123% 123% 124% Magma Cup 61 60% 60% 60% Nev Cons 31% ... 31% 31% Texas Gulf Sul 70 *4 69% 70 59% U S Smelt 58 57 57 58% Oil*— Atlantic Rfg ... ' 217% 220 224% Barnsdall A 42%' 43% >,* Freeport-Texas.. * ... 48 46V* Houston OH a 134 133 Va 115% Indp Oil Si Gas 33% 32V* 33% 33% Marland OH ... 46 43% 46% 44 Mid-Cont Petrol. 38% 36% 37V, 37% Pan-Am Pet 8.. 53 50% 51 % 50% Phillips Petrol. 46% 45 Vs 46 45% Pro & Rfgrs ... 27V* .23% 26% 23% Union of Cal ... 82% 521, 52% 53 Pure Oil 27% 36% 26% 26% Royal Dutch ... 62 61 Vs 62 61% Shell ........ 32% 31% 32% 21V* Simms Petrol ... 24% 24 24 28Vs Sinclair OH .... 44% 41V* 42 42 Skelly Oil 38 37% 88 35% Std Oil Cal .... 62% 62<* |j% *f% std Oil N J .... 45% 47Va % 4?% Std Oil N Y ... 36% 35% 35% 38% Texas Corp 69% 67% 68% 68 Transoantl BVs 8% 8% 8% Industrials— Adv Itumely ... 53% |0 51 45% Allis Chalmers .130% ... 129% 130!* Allied Chemical 231% 228% 230 225 Armour A 18% 18% 17% 16% Amer Can 108% 107 107V* 107% Alaska J 7% 7 7% 7% Am H L pfd .... 32% 81% 32J1 ... Am Safety Raz. 73 75% 72% 78% Am ce 43 V* 41% 42 43% Am Wool 22Vs ... 213% MV Curtiss 127 Va 124'/* 125 126% Coca Cola 164% 166% 16J% 187% Conti Can 117 ... 117 117'. Certalnteed 31% 30% 30% 31% Congoieum 31% 30% 31% 25% Davison Chem .. 59% 58 58% 59 Pu Pont 488% 432 436 437 Famous Players 49% 48Vs 49% 59% FOX A 97 7 /s 96V* 96% 97% Gold Dust 103 Vs 102 102 Va 103' a Glidden 27% ... 27% 27Va Int Paper ...... 55% 54% 54% 53% Int Harvester ...326% 322 Va 324 321 Lambert 130% 127% 128 130% Loews 61% 60Vs 61% 60 Va Kelvlnator 14 13 13% 13% Montgom Ward 343 339 V* 343 344 Natl C R 91% 90% 90Vs 91% Pittsburgh Coal 47% Owens Bottle .. 84 ... 83% 83 Radio Corp 234 227 228 Va 232 Real Silk 28% ... 25% 46% Rem Rand 26% ... 85Va 26 Sears-Roebuck ..154% 153% 153% 154% Union carbide ..190% 189 190 190 Victor 123% 120 V* 121V* 124% USCs Ir Pipe.. 25% 24 28% ... U S Indus Alco. 130% 128% 129 Warner Bros A..124 120 121% 122% Warner Bros 8..124% 120% 121% 123% Utilities— Am Tel Si Tel... 185V* 181% 184 182% Am Express ....287 ... 253 280 Am Wat Wks .. 59% 58% 59% 59% Brklyn-Manh T. 66V* 66% 08V* 66% Col G & E 128% 125 127% 184% Consol Gas 80% 78% 79% 79% Elec Pow & Lt.. 37% 38% 37 36% Nor Am Cos 75% 74 *74% 74 Natl Power 39% 38 s /* 39 38% 3 Cal El 49 Va 47% 48% 47V* Std Gas Si E 1... 71% 70% 71% 70% Utilities Power.. 39% 39% 39% 39V* West Union Tel. 189% 184 187 Va 189 Shipping— Am Inti Corp ..125% I2o'/s 183% ... Am Ship Si Com 4 ... 4 * Atl Gulf &W I. 49% ... 49% 49% Inti Mer M pfd. 46V* ... 38% 26% United Fruit ...139% 137 139 140% Foods— Am Sug Rfg ... 74% 72V* 74 5 /* 73V* Kroger 124% 122% 123 123 Beechnut Pkg .. 78% ... 78% 78 California Pkg.. 74 73V* 74 73 Corn Products .. 85Vs 84V* 84% 84% Cudahy 68 64V* 67% 65 Cuban Am Sug. 17V* ... 16Vs 17 Flelschmann Cos. 83V* 81% 82V* BOV* Jewel Tea 154 152% 154 155% Kraft Cheese ... 63% 62% 63V* 82% Natl Biscuit ....169% 167 167 s /* 167 Va Natl Dairy 113% ... 112% 113% Postum Cos 67 66 Vs 66% 08Vs Ward Baking B. 17% 17% 17% 17% Tobacco*— Am Sumatra ... 58% ... 58% 58 Am Tob B 171% ... 170% 173 Con Cigars 93% ... 92% 92 General Cigar .. 00 59V* 60 59% Lig Si Meyers... 90Vi 89% 80V* 89 Lorlllard 27V. 27% 27Vs 27% R J Reynolds ..148V* 148 148% 149 Tob Products B.lllV* ... 109% 109% United Cigar St. 27% 27V. 27% 27% Schulte Ret Strs 53 V* 52Vs 53 53

In the Stock Market

(By Thomson & McKinnon) NEW YORK. Nov. 2.—Next Tuesday will be another eventful day In our history. The ejection will bring to an end * season of endless discussion, a season when every one feels at liberty to expound whatever comes to his mind, the season when the blacksmith discusses International affairs, the shoemaker discusses world economies and the laundress discusses finance. What a relief lt will be to bring such a season to a close. The stock mai.iet has been less active for a few davs when measured bv the daily volume of sales, but otherwise shows no change of consequence; values have been well maintained. Fluctuations cf 2 to 5 points these aays under prevailing conditions and at prevailing price*, mean ne more than a change of a few fractions in former times. What are we to have after the presidential election? Industrially, we wll have just what we have now—big business with the usual seasonal variations. A nation that can save such stupendous sums as have been estimated—one hundred and fifty millions dolars available each week for investment purposes—peed entertain no apprehension as to the future unless some fool idea should suddenly take hold of the people such as the visionary schemes of the profeslonal farm relief man who wanted the *hin piasters of a former generation or the free sliver of the present generation. There is no likelihood of this. The United rtates Is not a fertile soil for dangerous experiments. What of the stock market? For the immediate future no drastie change Is likely, but we do see a disposition here and there particularly in high places, to pursue a course of extreme conservatism, a part of which is the gradual reduction of lines.

Local Wagon Wheat

No. a red wheat and *1.05 (or No. 3 hard. City grain elevators are paying *1.28 for

PORK ADVANCES SLIGHTLY TODAY AT STOCKYARDS Not Enough Good Cattle in Pens to Make Market; Lambs Weaker. Oct. Bulk. Top. Receipts. 26. 80.50 $9.35 7.500 27. 9.35 9.35 5,000 29. 9.40 9.50 8.000 30. 9.35 9.45 10.000 31. 9.35 9.45 7,000 Nov. 1. 9.35 9.45 7.000 2. 9.85 9.75 6.500 Hogs took an upturn today at the city market, selling at 26 to 30 cents higher. The bulk, 180 to 275 pounds, went at $9.65, with a top price paid of $9.75. Receipts were 6,500; holdovers, 503. The cattle market was steady, no really good kinds having arrived to make a market. Vealers were $1 higher, going at $lB to lower. Lambs were weak to lower, the bulk selling at $12.50 to sl3. Fat ewes brought $5 to $6.50. Chicago hog receipts were 15,000, including 2,000 directs. Market fairly active to shippers and traders, at 10 to 20 cents higher than Thursday’s average. Several loads of good and choice 170 to 200-pound weights sold at $9.35 to $9.50. Strictly choice kinds were held higher. Bidding $8.50 to $8.60 on packing sows. Cattle receipts were 2,000 sheep, 12,000. Hog prices at the city yards today were; 250 to 350 pounds $9.25 to $975; 200 to 250 pounds $9.65 to $9.76; 160 to 200 pounds $9.35 to $9.65; 130 to 160 pounds $9.10 to $9.25; 90 to 130 pounds $8 50 to $9.10; packing sows $7.75 to $8.75. Cattle receipts were 600; calve J 600. Beef steers quotable at sll to sl7; beef cows $7.50 to $9.50; low cutter and cutter cows $5.25 to $7; vealers sl7 to $18; heavy calves $6 50 to $11; bulk stock and feeder steers $8 to $11.50. Sheep receipts were 300. Top fat lambs $13.25, quotable 1 ; bulk fat lambs $12.50 to sl3; bulk cull lambs $8 to $11; bulk fat ewes $4.50 to $7. —Hog*— Receipt*. 6.500; market, higher. 250-350 lbs 8 9.2*0 9.75 200-350 lb* 0.65$ 9.75 160-300 lbs 0 35® 9.05 130-160 lb* 9.100 0.10 00—130 lb* 8.500 9 10 Packing sow* 7.75@ 8.75 —CattleReceipts. 800; market, steady. Beef cows 7.50® 9.50 Beef cows 7.50® 9.75 Low cutters and cutter cow*.. 5.25® 7.00 Bulk stock and feeder steers.. 8.00011.50 —Calvea— Receipts. 609: market, steady. Best vealer* *17.00# 18.00 Heavy dives esolll.oo —Sheep— Receipt*, 300; market, lower. Bulk fat lamb* *12.500 13.00 Bulf fat ewe* 4.80® 7.00 Bulk cull lamb* [email protected] Top fat lamb* 13.25 Other Livestock Bm Times Special LOUISVILLE. Ky„ Nov. 2.—Hogs—Receipts, 1.500; market, higher; haavy and medium hogs, 180 lb*, up, 88.00#$.40; pic* and llghtc, 180 lbs. down. t7.65*i8.75; stags and throwouts, $7.20'-i 7.80 Cattle— Receipt*, 466; market, steady: prime heavy ttaers. 812.500 13.50; heavy shipping steers. *lO 50012.*0; medium and plain steer*. $9 010.50: fat heifers. $7.50® 12; good to choice cow*. $7.5009 25; medium to good cows. $15.75 0 7.80; cutters. $5 [email protected]: Cannes*. $501.25: bull*. S6O 8.75; feeders. $8.56 011.50; stockers. *7011.50. Calves— Receipts, 400; market, steady: good to choice $12014; medium to good. SIOO 12; outs, 10c down. Sheep—Receipt*. 200; market, steady: lamb*. sll 500 12- seconds s3'> 8.50; shepe, $408; bucks. $3 0 3 56. Thursday shipments: Cattle, i6f; calves, 26. hogs. 288; sheep, none. Bit United Press EAST BUFFALO. Nov. 2 —Hogs—Receipts. 3.700; holdovers, 300; market active. 350 35c up: 230-350 lbs., $9.50010; 20C-250 lbs.. $9.75010.75: 150-200 lbs.. $9.75® 10.16: 130-160 lbs.. $9.50010; 9C-130 lbs., |9.1599.63; packing sows, $6.25® 8.75. Cattle—Receipts. 298; market steady: market steady; beef steers, sl2® 18; beef cows, 88.90010; vealers, *l7® 17.50 Calves —Receipt*. 500; market steady to 50c up; light yearling steers and heifer*. 813016: low steers and cutter cow*. *4.7507. Sheep —Receipts. 4,700: market slower; market 75c to *1 down; bulk fat lambs. 813 250 13.50; bulk cull lamb*. $8 #10; bulk fat ewas, sß® 7. Bn United Press CINCINNATI. Nov. 2—Hog*—Receipts, 4.408; holdovers. 1.706; market 25035 c up: 258-856 1b*..8909.85; 200-250 lbs.. $9.50# 9.85; 160-260 lbs . I9.3808; 130-160 lbs.. $; 90-130 lbs.. 58.2509.25; packing sows. s7® 8.25. Cattle—Receipts, 850; beef steers, 88.50® 14; beef cow*. *7® 10; vealers. 814® 17. Calves—Receipts, 300; market, veals JOc up; light yearling steers and heifers, $8.50® 14.50; low cutter and cutter cows, $606.35; heavy calves, 89014; bulk Stocker and feeder steers, *9® 10.50. Sheep—Receipts. 650; best lambs 50c down; top fat lambs. *13.50; bulk fat lambs, sl2® 13.50; bulk cull lambs, $8011; bulk fat ewta. |4# 6. Bn United Press CHICAGO, Nov. 2—Hogs—Receipts, 15.00- market, active to 15@25c higher; hogs scaling HO lbs. down. 2S@3sc higher: shipping demand broad; top. *9.60 paid for choice 300-350 lb. weights; butcher, medium to choice, 250-350 lbs.. $8.83009.60: IW-200 165.. $8,850 LSLJa’fynj’Satt , o s;gsf dominating in all classes, largely she stock run with cutters and common cows, comprising bulk of supply and selling largely at $7 downward; low cutters. *BO slaughter classes, steers, good and Choice, I*oo-1500 lbs., *14017.75; 11001800 lbs., *l4® 17.75; 950-1100 lb*.. *l4® N 14; fed yearlings, good and choice, $7.50® fc a'&'asi.ir'hfairsa 1% choice, 850 lb*, down, $18016; common m dlura *7.7*@13; cow*, good and eholce. 88.75012; common and medium. [email protected]; low cutter and cutter. $5,500 0.58: bull* godo and choice, beef. *9.50® U: cutter to medium, *0.75 09.50; vealers, ■nljk fad. good and choice, 313015: medium. $12013; cull and common. $8012; stocker and feeder- steer*. _good and choice, all meflum. *8.59010A0. Shrep-RMePpts, 12,000; fat lambs draggy, buying side indifferent; practical nothing done on good comeback* and native throwouts; better grade natives, 85e or more lower; sheep and feeding lamb* slow, weak; lambs, good and choice. 92 lbs. down, *12.25® 13.40; medium. 911.16013.25; cull and common, [email protected]; ewes, medium to choice, 160 lbs. down, 34.2508.60; cull and common. $1.7507ft: ficdir lambs, good and choice, *[email protected]. ’ ‘ Bu United Press a WTTBBUROH. Nov. 2,—Hogs—Receipts, IS, Js ■?¥* Well: vitlera- *150i7.56. Calves—Receipts. 75; lljfbt yearling 4 and heifers. s9® 12.50; low cutter and cutter cows. ss# HO; heavy calves. sß®lo. Sheep-Receipts, 1,816; market waafe to lower; top fat Bit United Press FT. WAYNE. Ind., Nov. 2.-Cattle-Re-oe pts. 126; calves, receipts 75; hogs, re--500; sheep, recetots, 200; market fawite TaSJK'jp-ksas; *8: stags, 1b.50; calves. *16.50: lambs, *l*; New York Liberty Bonds —Nov. 2 Prev. . • CI ® S S- close. ith 4 si* 100 28 I??.'® ::::::::::::::::::: mi. HI:!. u 1} 4S 107.20 107.20 U S 3%S 104.19 105. lb* <7 99.4 96.20 43 99.13 99.20 A $25,000 addition will be made to the plant of J. D. Adams and Company, manufacturers of road machinery, 217 South Belmont street, it was announced today.

THE INDIANAPOLIS TIMES

In the Cotton Market (Bv Thomson & McKinnon) NEW YORK, Nov. 2.—The favorable feature of the cotton market this morning was the persistance with which the trade took contracts on the declines the unfavorable features were first the failure of the market to advance on frost and freezing weather In the west, and second the fact that spinners again took less cotton for the week than they took last year and the year before. It is so generally believed that the vcoming governmental estimate will show an increase that it is idle to expect the protessional element to do much in the way of carrying cotton and. left to itself, the net result Is the difference between trade buying and hedge selling. We do not feel that any bargains will be offered before the report is issued and unless it is sensationally bearish, which is unlikely, the post bureau tendency of the market will be upward CHICAGO High. Low. Close. Jan 18.94 18.69 18.74 March 18.92 18.73 18.74 May 18.75 18.60 18.60 July 18.65 18.52 18.52 Dec 18 95 18 88 18.73 NEW YORK High. Low. Close. Jan 19.33 19.13 19.14 March 19.31 19.12 19.15 May 1f.20 19 02 19.03 Julv ....! 10 04 18.84 18 84 Oct 18.62 18.44 18.44 Dec 19.37 19.16 19.20 ADD VOTE MACHINES 13 Additional ‘Mills’ Put in / Condition. Thirten additional voting machines will be used Tuesday, county election commissioners have announced. The machines have been in storage at the old county workhouse. Use of these machines will increase the number from 275 to 285. Five machines will be held for emergencies. County Clerk George O. Hutsell said the additional voting devices are of standard make and have been conditioned for the election. Commissioners said the machines probably will aid in preventing use of Australian ballots in many precincts. List of thirteen precincts in which the vote is expected to be heavy enough to justify use of two machines has been submitted commissioners by county chairmen. Chicago Stocks (By Thomson A MqKlnnon) Open. High. Low. Close. Ame Btel ....107% A M Castle ... 64% 68 64 % 67 All Am Radio.. 4040% 39 39% Atlas Stores ... 54% 55 54 5$ Auburn Motors.. 105% 106 104 105 Bendix 103% :oat, 103% 104% Borg Warner ...114% 11$ 118% U 8 Butler Bros ... SO 30 29 29 Bastaln B .... 43% 46 43% 45 Chicago Yel Taxi 31% 317. 31% 31% Club Alum . . . 33% 33 32% 33 Elec Household. 29% 30 29% 29'. Galesburg C... 95 9S 95 98 Orlbaby 11l 112 110% 111 Mart Carter ... 34 34 33% 33% Monsanto 93% fils Brick 40 Inland W A C... 57 60 57 60 Kalamazoo Sto 132 134 132 134 Kallog Switch .. 18 18% 17% 17% Keystone Steel. 57 5* 57 57% Mid-West Util ..161 162 158 158 Nor Amn Car.. 56 56 54% 54% Nat Stand .. . 45% 46% 45% 45% Oaks A 82% Perfect Circle .. 43 43 42 42 Pines Winter F. .173% 173'a 173 173 Ross Oear ..... 41% 42 41% 42 Swift A Cos 131% Swift Int JO% 80% 30 30 V* Super Maid ... 71 72 71 72 stand Dredge.. 38 38 37 3g Unit C America 32% 33 32% 33 Utah Radio ... 58 61 58 59% Yates 21% 24% 21% 24% Zenith Radio .195 195 193 193 Wlebold 51 51 50% 51 Backstay 33% Noblitt Sparks 38 New York Curb Market —Nov. 2 Closing. American Rolling Mill 98% Bancltaly ’.119% Continental OH is Fox T 2* Humble Oil 87% Imp Oil of Canada 92 Int Pete 50% Ohio OH 64 Prairie Oil and Gas 53% Prairie ” 09 Line 214 SOI" '* 81 S O K a 22 % S O Kc upkv 155% 8 O Ohio 94% Vacuum Oil 85% Mountain Prod 22 8 E Power 51% Pantepec 12 N E Power 39% Hudson Bay 18% Durant Motor*. Dei 18% Trans Cont A T 19% Elec Bond and Share 155% Elec Investors 68% Ford of aCnada 613 Service Electric 11% Stutz Motor 31% Cities Service com 71% Associated Gas (A* 48% M*rmon 69% De Forest 21% United L and P lAI 24 Amer GSs 1.79% Oulf OH IS6 Births Boys Michael and Rosa Ray. 644 South New Jeresy. Warren and Patla Maxwell, St. Vincent’s hospital. Kenneth and France* Boling. St. Vincent's hospital. Patrick and Hortense Fitzsimmons. St. Vincent's hospital. Earl and Margaret- Buckhorn, 404 Linwood. Frank and Beulah Outlliam, 909 Parker. Harry and Goldie Hooten, 1445 South Tibbs. Joseph and Carrol Murphy, Indianapolis Osteopathic hospital. % Girls A1 and Elizabeth Bow, 2221 Bellefontalne. Arthur and Edith Slinger, 6028 Winthrop. C. Ralph and Ruth Paul, Methodist hospital. John and Macev Qlendlnlng, St. Vincent’s hospital. James and Mary Daugherty, Bt. Vincent's hospital. Howard and Louisa Miner, St. Vincent’s hospital. Bamuel and Mary Harrell, St. Vincent's hospital. Charles and Mary Balser, 1142 Knox. Levi and Eva Edwards, 4116 Cornelius. Harry and Mary Rider, 1501 East Twen-ty-Eighth. Deaths Christena Burton, 43, Methodist hospital, carcinoma. Thomas Warren Allen. 58, 3854 Cornelius. chronic endocarditis. Amanda H, Rye, 87, 1622 North New Jersey, arteriosclerosis. Eveline Dlnn, 81. 1902 North Meridian. Mary Glass, 80, Methodist hospital, hypostatic pneumonia. Mahala Harsin, 66, Methodist hospital, lntestlntal obstruction. James Keers. 75, 520 East Vermont, arteriosclerosis. Margaret Middleton, 70, 929 Stillwell, gastric ulcer. Building Permits School city, addition. Fortieth and Capitol, 848.000. F. Bryant, garage, 225 North Beville, Quinn and McCoy, dwelling and garage. 205 East Fifty-First. 84.700. D. W. McCabe, reroof, 3821 Kenwood, *205. E. N. Messlck. reroof. 1611 Park. $270. Indianapolis Masonic Temple, repair. North and lllnols. $293. W. R. Cooley, dwelling and garage, 1111 North Leland, $4,400. Mr. daman, remodel. 40 West Maryland 1200. W. Koehler, addition. 1435 Woodlawn, SI,OOO. Smith Young Company, building, Roanoke and New York. $28,000. Indianapolis Screw Products Company, shed, 681 North Noble, S4OO. Standard OH Company, filling station. Sixteen and Capitol. $2,300. T. J. Gore, dwelling and garage. 160 Blue Ridge. $8,500. SURETY FIRMS MERGE $175,000,000 Assets Involved in Largest Consolidation. By United Press NEW YORK, Nov. 3.—What is considered in financial circles at the largest and most important merger in the history of insurance business has been consummated in the fusion of the Home Fire Insurance Company and the National Liberty Insurance Company of America. The groups united have total assets in excess of $175,000,000.

STOCKS STRONG DESPITE BROKER LOANSBOOST Traders Show Disposition to Stay Out of Market; Bears Active.

Average Stock Prices

Average thirty Industrials Thursday. 295,23, up 3.07; average twenty rails, 142.74. up 1.08; average forty bonds. 96.88, up .10. By United Press NEW YORK, Nov. 2.—Quiet strength again was shown by the stock market today in the face of another large advance in brokerage loans to anew record high in the week ended Oct. 31. Easier conditions in the demand loan market and absence of important liquidation, were extremely reassuring. But trading continued to be marked by bear drives and a disposition of traders to stay out of the market pending a more clear political situation. Sinclair was an outstanding feature of strength, runing up several points to a further new high since 1921 on reports that the Cutten interests have purchased 100,000 shares of the stock in the past fev days. Strength in this issue was reflected in a better demand for other important producers, including Marland. Pan American B and Phillips. Steel and General Motors were quiet around their previous closing levels, but active demand developed for some of the utlity shares. International Telephone ran up briskly and Standard Gas and North American were in demand. Motors staged a brief rally under the leadership of Chrysler. Profit taking developed in recent favorites like Du Pont, Coca Cola, Kolster and Shubert, but these realizing sales failed to halt vigorous bullish operations in Woolworth, Cudahy, American International and Kelly Springfield. The latter issue was turned over in enormous blocks at a 2 point advance.

Banks and Exchange

Indianapolis bank clearing* today were *4.581.000. Debit* were $9,262,000. TREASURY BALANCE Bit United Press WASHINGTON, Nov. 2.—The treasury net balance for Oct. 31 was $210,237,265 34. Custom* receipts tor the month of October were *59.741,346.03. NEW YORK STATEMENT R it Times Special NEW YORK. Nov. 2—Bank clearings, $17,848,000,000. Federal Reserve Bank .redit balance. $145,000,000. CHICAGO STATEMENT By United Press CHICAGO. Nov. 2.—Bank clearings. $136,700,000; balance*. $15,300,000.

Indianapolis Stocks

. Bid. Ask Amer Central Life 700 Belt R R & Stkyds pfd 59 63% Central Xid Power Cos pfd.... 96% 100 Cities Service Cos com 71% ... Cities Bervice Cos pfd 100 citizens Gas Cos com 56 57% Citizens Gas Cos pfd 102% 103% Commonwealth Loan Cos pfd .102% 105 Equitable Securities Cos c0m..101% 105 Hook Drug Cos com 34% ... Horuff Shoe pfd 12% ... Indiana Hotel Cos com 125 Indiana Hotel Cos pfd ICI Indiana Service Corp pfd.... 92 Indianapolis Gas Oo com 62 64 Indpis & Northwestern pfd.. i5 Indpls Water Wks Cos. 5s pfd.. 102% ... Indpis P & L 6s pfd 105 106% •Indpls P and L 7k Indpla Pub Wei Ln Assn .... 47% ... Indpls St Ry Cos pfd 38 40 Interstate P S C prior lien ...103% 106 Interstate P S C 6s pfd 95 99 Merchants Pub Util Cos pfd.... 101 Metro Loan Cos 8s 100 104 North Ind Prod Serv Cos 65... 98 102 Northern Ind Pub S Cos 106% 109 Progress Laundry Cos corr ... 38 E Raub & 80"S Fert Cos pfd 50 Real Silk Hos Cos pfd 94 ... Standard Oil of Indiana 81 T H 1 & E Trac Com 1 ... T H J & E Trac Cos pfd 11 ... T H Trac & Lt 96% ... Union Trac Cos Ist pfd 1 Union Trac Cos 2nd pfd % Union Title Cos com 80 Van Camp Pack Cos pfd 14 Van Camp Prod Ist pfd 98 102 Van Camp Prod 2nd pfd ... 92 102 —Bond*— Belt R R & Stk Yd* 4s 89 Broad Ripple Trac Cos 5s 75 82 Citizens Gas Cos 5* 102 Central Ind Power Cos 8s 100 Chi 8 B ft N lad 15 Citizens Gas Cos 5s 102 107 Citizens 8t RR 5s 88% 90 Gary St Rv 5s 86 00 Home T Si T of Ft. Wayne 6s. 103 Indiana Hotel Cos 6a 101 Ind Northern Trac Cos 5s ... ~ 4 Ind Ry 6e Lt Cos 6s 68% ... Ind Service Corp 5s 98 Indpls Power & Lt Cos 5s .... 99 lOi Ind Union Trac Cos 5s Indpls Col & So Trac 6a 93 101 Indpls Gas Cos Sa 100% ... Indpls Si Martins Trac Cos 55.. 24 Indpls S6 Northw Trac Cos 5*.. 9 13 Indpla St Ry 4s 68% 70% Indpls Trac Sc Term Cos 55... 95% 96% Indpls Union Rv 5s 100 Indpls Water Cos 5%s 102% 104 Indpls Wa Cos 1*53 & '54 5%5.102% 104 Indpls Water Cos 5s 96 Indpls Water Cos 4%s 95 Water Works Sec 5s 96 100 Interstate Pub Berv 4%s .... 89% ... Interstate Pub 8 Cos 5s 96V* ... Interstate Bub S C 6%s ......104'% ... N Ind Pub Service 5s 101 ... T H I & E Trac Cos 5s T H Trac & Lt Cos 5s 95 Union Tfac of Ind Cos 6s ... 10 14 —Government Bond*— Liberty Loan lit 3%S 99.02 99.22 Liberty Loan l*t 4%s 100.72 100.94 Liberty Loan 4th 4%s 100.96 101.16 U 8 Treasury 4%* 112.62 112.84 U 8 Treasury 4s 107.56 107.76 NOMINEE CHALLENEGED Show Your Qualifications, Niblacfc ‘Darts’ Murray. Speaking for the Republican legislative and county ticket, John L. Nlblack. deputy prosecutor and candidate for state senator, addressing noon meetings Thursday called upon Raymond S. Murray, Democratic nominee for prosecuting attorney, to state his “qualifications and experience in criminal jurisprudence.” “As far as I know in my threw years as assistant prosecutor,” said Niblack, "the Democratic candidate for prosecutor never has tried a case ln criminal oourt. On the other hand, the Republican candidate, Judson L. Stark, chief deputy to Mr. Remy more than four years has tried hundreds of cases, from murder down to profanity.”

DEEP CURVED LENSES f "" \ •aamiaatlea aad <rj (sK— SSLi 15.50t0J1.50 Or. Jo* E. Kernel Optical Dept. WM. EL BLOCK CO.

COLLEGE HEAD WILL SPEAK AT MASSMEETING Dr. Mordecai Johnson of Howard University to Address Negroes. Dr. Mordecai Johnson, president of Howard university, will open the mass meeting series Sunday at the Y. M. C. A., Senate avenue and Michigan street. F. E. De Frantz is branch executive secretary. The occasion will be the eighth annual appearance of Dr. Johnson to address Negro groups here. He has traveled in Europe in recent years, studying social conditions. The subject Sunday will be “Life and Vision.” All surviving members of the original Prayer Band will be guests. The Prayer Band was first in the activities of the local Negro Y. M. C. A., and had as its leader the late George L. Knox. Special song services in the lobby at *3:30 will be conducted by H. T. Riley and the soloist for the mass meeting will be Millard Burwell, local tenor. Special musical numbers are to be given by the Y. M. C. A. quartet and band. Seats for Many Dr. H. L. Hummons, chairman of the religious department, has completed arrangements for ample seating facilities and a specially trained corp of ushers and workers. The attendance Is expected to set a record for the season. Sixtieth annual session of the Kentucky and Ohio C. M. E. conference will open at Phillips temple, Drake and West streets, Nov. 7. at 10 o’clock. Bishop C. H. Phillips, Cleveland, will preside. The sacrament will be administered at the opening service. Welcoming exercises will be the program Wednesday evening. Speakers listed on the program include Governor Ed Jackson, Dr. R. L. Pope, pastor Bethel A. M. E. church; Dr. E. A. White, Simpson church; Dr. Stephen G. Spottswood, Jones tabernacle; Dr. B. J. F. Westbrooks, Second Baptist; Dr. D. F. White, Witherspoon Presbyterian; F. B. Ransom, attorney, and Mathias Nolcox, principal Attucks high school. ' The Rev. Andrew J. Norris, pastor, announces sessions of the conference will close Nov. 11. The pulpit schedule of the Rev. Stephen G. Spottswood, pastor of Jones tabernacle, has been announced for November. Elder to Preach Sunday Services Sunday morning will b; conducted by the Rev. E. S. Bailey presiding elder of the Indiana conference. At 3 o'clock Sunday afternoon the Rev. R. A. Davis, pastor of Campbell’s chapel, will deliver a special sermon. The evening service will be under auspices of the young women's missionary society, with a play. “Women of the Bible.” The fall festival at Pythian Castle hall draws large crowds each night

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Too Anxious! Negro Pleads Guilty Before He’s Indicted In U. S. Court.

JAMES TURNER, gray haired Negro arrested several days ago on a federal liquor charge, today was denied his request to be sentenced, in federal court. During arraignment of persons indicted, Turner arose from his seat among prisoners and walked over in front of Judge Robert C. Baltzell. “What do you want?” Baltzell asked. “I'm guilty and I want my sentence,” Turner said. “What are you guilty of?” Baltzeil question. “You aren’t indicted yet.” “I’ve been selling liquor,” the defendant explained. Questioning developed the aged Negro had been arrested a few days ago and was not yet indicted. When indicted prisoners were being brought from Jail to the federal building. Turner asked to go to Oscar Johnson, deputy United along and plead guilty, according to Oscar Johnson, deputy United States marshal.

There are special attractions, with baby contest Saturday night. The festival, closing Saturday night, has been conducted under auspices of all Pythian organiza tions of the city. E. G. Tidrlngton. Evansville, grand chancellor of Indiana, will remain in the city until the festival and membership drive are over. Dr. Mordecai Johnson, of Washington, will address the Monday Luncheon Club, Nov. 5. Dr. Johnson is a nationally known orator Meetings of the club will continue to be held at the Martha Ann tearoom. according to Wallace N. Waugh, president. Dr. Moten to Speak Dr. E. D. Moten will address men of Simpson organization Sunday at 6:30 p. m. W. H. Keys is president. The Rev. Walter Chenault, pastor of St. Paul A. M. E. church, Twenty-fourth street and Manlove avenue, announces for his subject Sunday morning, "We Are Able.” Mothers’ council meeting to be held at the Flanner House settlement has been postponed until Nov. 13. Monday Bridge Club entertained friends at a Halloween party Tuesday night at the home of Mrs. James Taylor, West Twenty-fifth street. A Negro manager of Times carriers and circulation on the north side will be named by The Indianapolis Times Monday. This opportunity comes to the Negro group through special work of J. F. Johnson of The Times staff. The new manager is to handle business of the paper from Twenty-sixth street south to Indiana avenue. A large number of Negroes now are subscribers of The Times. A community meeting will be held at school No. 4 Friday evening. F. E. De Frantz will be speaker.

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‘The Fletcher American National Bank JCargest 'Bank in Indiana * with which is affiliated the Flbtcher Ambrican Company Southean Corner Market and Pennsylvania Street*

TROTSKI WILL LEAVE EXILE Ex-Russian Leader to Move to Watering Place. By United Press LONDON, Nov. 3.—The Russian soviet government has decided to be more lenient to Leon Trotsky, exiled leader, and other members of the “opposition” who were banished from the communist party, it was disclosed from reliable sources today. Trotsky, it was said, will be permitted soon to leave his present primitive place of exile in Turkestan, six days from Moscow, and go to Soukhum, in the Caucasus. Soukhum is an idyllic watering place resembling the Riviera and only three days from Moscow. Trotsky will be allowed a private home and freedom to movement, it was understood with facilities to recuperate his health, which recently has been poor. Christian Rakovsky, another outstanding opposition leader and former ambassador to France also will receive special consideration. He has been appointed already to a responsible government position as head of the state planning commission in Saratoff with jurisdiction over five provinces. ‘NICKS r DRIVER”OFSI2 ON BOGUS COAL ORDER “Customer” Takes Change for S2O and Disappears. Elmer Dean, driver for the Frank M. Dell Coal Company, Washington street and Southeastern avenue, is convinced there was something phoney about a telephone order for a ton of coal he took to 314 West Thirteenth street Thursday afternoon. The man who telephoned directed that the driver bring change for a S2O bill. Dean loaded up the ton, pocketed $12.35 change and went to the address. A man was waiting. He asked for the change. Dean gave it to him. The man asked hirr to wait until he went into the house to get the S2O bill from his wife. Dean waited and waited. The man didn’t return. Dean went to the house. It was vacant.

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