Indianapolis Times, Volume 41, Number 170, Indianapolis, Marion County, 26 November 1929 — Page 13

mrr. z, 1929

PORK MARKET SELLS LOWER AT CITY PENS Most Loss Shown on Weights Over 160 Pounds; Cattle Slow. Nor. Balk. Top. Receipt*. 19. *9 15 *9.25 12.000 20. 9 20ft 9.25 0.35 1 0.000 21. 9.20@ 9.25 0 35 8.000 32. 9.40 9 55 6,000 23. 9 40 9.50 6.000 25. 9.20 9 25 11.500 26. 9.10 9.15 10.000 Hogs were largely 10 cents lower today on weights over 160 pounds at the local stockyards. The bulk, 160 to 300 pounds, sold at $9.10. Underweights held steady, a few butchers’ good and choice selling at $9.15. Receipts were estimated at 10,000; holdovers, 857. Cattle were mostly steady, selling at Monday's best prices; slaughter classes slow. Vealers unchanged, se’llng at $15.50 down. Sheep and lambs strong to higher, with a good and choice grade of lambs selling at $12.75; all others sold at $12.50 down; top price $12.75. Chicago hog receipts were 49,000, Including 16,000 directs; holdovers, 6,000. Market slow, with very few early sales, bidding average was 10 to 15 cents lower than Monday. Numerous loads of 200 to 250 pound weights, sold at $9 to $9.10. Cattle receipts 9,000; sheep, 6,000.

—Hogs— Receipts, 10,000; market, lower. 300 lbs. and up * 9.00 ft 9.10 250.300 lbs 9.10 ft 9.15 325-250 lbs P.lOftf 9.10 200-225 Iba 9.10 160-200 lbs 9.20 130-160 Ihs 8.50 ft 9.00 90-130 lbs B.n<v„, 8.2i Packing sows 7.50® 8.50 —CattleReceipts. 1.600; market, steady. 300 lbs. and up * 9.25@ 9.45 Beef steers. 1.100-1.500 lbs.. good and choice 11.50 ft 15.00 Common and medium 9.00011.50 Beef steers. 1.100 lbs. down. good and choice 11.75 ft 15.25 Common and medium 8.50 ft 11.75 Heifers. 850 lbs. down, good and choice 12.75(1? 15 00 Common and medium B.ooft 12.75 Cows B.ooft 9.50 Common and medium 6.25 ft 8.00 Lower cutter and cutter 4 50'S! 6.25 Stocker and feeder steers, good and choice 9.00i3>11.50 Common and medium 7.00® 9.00 —Veals— Receipts, 600; market, steady. Medium and choice $13.00ft15.50 Cull and common 7.00®13.00 —Sheep— Receipts, 1.000; market, higher. Lambs, good and choice sl2.ooft 12.75 Common and medium 10.00® 12.00 Ewes, medium to choice 10.00 ft 11.75 Culi and common 3.50 ft 5.50 Other Livestock Bv United Brest CHICAGO, Nov. 26—Hogs—Receipts. 49,000, including 11,000 direct; mostly 10 ®2oc lower; slow at decline; top, $9.10; mostly a *9 market on hogs scaling over 190 lbs.; good and choice, 150-180 lb. weight, $8.50ft.8 90; butchers medium to choice. 250-350 lbs.. $8.50ft.9.10; 200-250 lbs., 58.75ft9.10: 160-200 lbs., $3.5G(</.9.05; 130-160 lbs., $8.10ft.8.90; packing sow's, *7.85(1x8.50; pigs, medium to choice. 90130 lbs., $ 7.75 ft 8 60. Cattle—Receipts. 13,000; calves, 2,000: light yearlings, scarce, active, firm; weighty steers slow, undertone, weak; largely a steer run with medium weights ana weighty kinds predominating; prospective top on yearlings, fed with slow steers around. sl6: best heavies around $14.75; slaughter classes steers, good and choice. 1300-1500 lbs., *12®14.75; 1100-1300 lbs.. $12.25 ® 15.50; common and medium, 850 lbs. up, sß® 12.50; fed yearlings, good and choice, 750-950 lbs., sl3® 15. <5; heifers, good and chclce, 850 lbs. down, $12.60@15; common and medium, [email protected]; cows, good and choice, $7.50@10; common and medium. [email protected]; low cutter and cutter, *4.'is@6; bulls, good and choice, beef. sß.7sft 10; cutter to medium, $6.50(5.9.25; veaiers, milk fed. good and choice. $12.50 ft 15; medium and cull and common. $7 ft 11; Stocker and feeder steers, good and choice all weights, 510.3503,11: common and medium, 57.50ft.9.75. Sheep—Receipts, 12,000; opened strong to outsiders; choice lambs. $13.25; extreme top. $13.50; indications bulk, $12.75 ft 13; fat ewes, steady, 55.25ft5.75; feeders. quotable weak; lambs, good and choice, 92 lbs. down, *12.50@ 13.50.

Bn Timex Specie I LOUISVILLE, Ky., Oct. 26.—Hogs—Receipts. 10.000; market, 15c lower; 175 to 300 lbs., $9.05; 300 lbs. up, $8.45; 130 to 175 lbs.. $8.45; 130 lbs. down. $7.10: roughs $7.10: stags. $6.50. Cattle—Receipts. 100. market, slow; prime heavy steers. sll# 12 50; heavy shipping steers. $7.50479: fat heifers, s7# 11; good to choice cows. S6 50 #8.50: medium to good cows. $5,504/6.50; cutters, $5.25#5.50: cauners, $4 /5: bulls, $5.50(1(9; teeders, $8 /10.50; Stockers, $74/ 10 25. Calves— Receipts. 200; market, steady; fancy calves. sl3 50; good to Choice. $10,504/13; medium to good. $7,504/. 9.50; outs, 57.50 down. Sheep—Receipts. 100: market, steady ewes and wethers, $11.50; buck lambs. $10.50; seconds. $54/ 7; sheep. $4 y 5. Monday's shipments; Cattle. 678: calves. 521; hogs, 331; sheep, none. By United Press FT. WAYNE. Ind.. Nov. 26 —Calves—Receipts. 75: hogs. 50: sheep. 100; hog market steady to 5c off; 90-110 lbs.. $8; 110140 lbs.. $8.25; 140-160 lbs., $8.70; 160180 lbs.. 58.85: 180-225 lbs.. $8.95; 225275 lbs $9.05: 275-350 lbs.. $8.95; roughs, $7.75; stags. $5.50: calves. sl6; lambs. sl2. B>i United Perga CINCINNATI. Nov. 26.—Hogs—Receipts, 5.000; holdovers, 388, mostly 15 to 25c lower, lighter weights, pigs and sows off most; bulk good and choice 180-300 ibs.. $9,354/9.50. top paid freely; shippers buying 120-170 lbs., at $8,754/9; packers paid $9.10 for 150-170. lbs.: pigs. 90-110 lbs., $84(8.50: bulk sows. $7.504’7.75. best SB. Cattle—Receipts. 650; calves. 350; steadv, light butcher offerings strong: sales of plain kind, $94/12; good 500-600 lbs., up *n $13.50; beef cows, mostly $6.50#8.50; low cutters and cutter active. $4,754/8; bulk bulls, $6.75'.' 8.50: veals steady, top $15.50. bulk sl2 " 15. Sheep—Receipts. 600; steady: good, light lambs. $12.50# 13; heavies over 90 lbs., sll4/12; throwouts and hucks, $lO down; good handyweight ewes, $5475.50. Rti United Press EAST BUFFALO. N. Y.. Nov. 26 —Hogs— Receipts. 400; holdovers. 600: active to all Interests, steady: bulk 150-260 lbs.. $9.65: 120-140 lbs., $9,254/9.50; packing sows, $8 #8.50. Cattle—Receipts, 25; nominally steady. Calves—Receipts. 150: vealers strong to 50c higher; good to choice. sl7 #18: common and medium, $10.50# 15.50. Sheep—Receipts. 200; lambs unchanged: good to choice, $13,254/13.50; medium and strong weight. sll ■ 12.35: common. slofc> 10.50; fat ewes, $5,504/6.50.

In the Stocks Market

ißy Thomson & McKinnon) NEW YORK. Nov. 26.—The success of the Hoover conference appears already to be accomplishing results with reports from steel centers, indicating that operations have been accelerated. Advancing prices for cement is another hopeful sign, foreshadowing an early resumption of road building and public construction by federal, state and municipal authorities. Viewing both the general business outlook and financial structure in a broad sense, we believe investors are justified in looking to the future with a decidedly more cheerful attitude. Within the market itself, we will, no doubt, have readjustments in both directions, with discrimination in purchases, a policy to be carefullv pursued. For the long-term investment outlook we see nothing to modify our previously expressed optimistic viewpoint, but we would like to stress our idea that speculative commitments should be undertaken only in the better grade of dividend paying stocks, and during such reactionary periods as may develop from time to time.

New York Stocks ~“■—” — * (Bv Thomson A McKinnon)

—Nov. 26 Prev. Railroads—• High. Low. 12 M close. Atchison 224!ft 223 2244, 224* Atl Coast Line... 179 178 179 178 Balt A- 0hi0.... 118% 117% 117% 117% Canadian Pac ..200% 19S 199 201 Chesa A Ohio. ,200 Vs 200 200% 199% Chesa Corp ....60% 60 60 60 Baldwin 28% 28% 28% 29 Chi & N West.. 88% 88% 88% 88 Chi Grt West 10 C R I A P 118 Del & Hudson. .. ... 176% Del & Lacka .. 152 151 151 150 Erie 56 55% 55% 55% Eric Ist pfd ... 63% 63 63% 63 Grt Nor 97% 97 97% 97 Gulf Moo & Oil 30% 30 30 31 111 Central 131% 131% 131 % 131% Lehigh Valley... 69 69 69 69% Kan City South 81 Lou & Nash 131 130 131 133 Minn 8 L 1% 1% 1% 1% MK A T 38% 38 38 39 Mo Pa: pfd ... 125V* 125 125 125 V. N Y Central ...177% 177 177 178 N Y C A 8t L 127% NY NH A H. ... 114 112% 113 111 Nor Pacific 91 91 91 92% Norfolk A West 131% O& W 14 13% 13% 14 Pennsy, vanla 85 84% 85 84% PAW Va 93% 93% 93% ... Reading .... 122 Seab’d Air L .. 11% 10% 11 10% Southern Ry ...137 134% 137 Southern Pac.. 120 119% 120 120 ff Paul 23% 23V, 23% 23% §' Paul Pfd .... 41% 40% 41% 41% St L A S P ..112 112 112 112 Texas A Pac 130 Union Pacific... .220% 220% 220% 224% West Maryland 20 19% 19% 19 Wabash 43 West Pac 20 ‘19% 'ilj% 20 Rubbers— Ajax 2% 2% 2% Fisk 4% 4% 4% 4% Goodrich 46% 46 46% 46 Goodyear 68% 67% 67% 68 Kelly-Spgfld.... 4% 4% 4V, 4% -ee 6*4 6% 6% 6% United States... 27% 27 27 27 Equipments— Am Car A Fdy. 88% 88 88% 88% Am Locomotive. 112% no% 112% 110% Am Steel Fd... . ... ... 50 Am Air Brake Sh 49 49 49 49 Man Elec Sup ?3 General Elec ... 220 216 2i7% 220 Gen Ry Signal... 87% 87% 87V, 88% £ el > Am tank.. 91% 90% 91% 92 N Y Air Brake. 42% 41 42% 40 Pressed Stl Car. 10% 10 10% 9% Pullman 80% 80% 80% 81 Westlngh Air B. 48% 46% 47% 47 Westingh E1ec..737 133% 133'/, 136'% hire *S

Am Rol Mills .. 80% 79*4 79'/, 81 Bethlehem ...... 90% 89% 89% 91 Co.orado Fuel .. 35% 35'/, 35'/, 34% Crucible . 80 80 80 79% Inland Steel .. 75 75 75 * g tis , 33 32’/, 33 '33% Rep Iron A Stl. 73% 72% 72% 74% fcud lura 30% 30 30 30* Newton 48 48 4ft ah U S steel 168 165% 165% 167% A°V 35% 33% 34% 35 Warren Fdy ... 23% 207, 23'% 20% Youngstwn Stl. .. . 1471/; Vanadium Corp. 53% 52% - 53 51% Motors— * Am Bosch Mag. 33 32% 32% 33 llH 11% 11% ;1 % Brockway Mot. .. Jgxj Chrysler Corp.. 32% 31% '33 33 Eaton Axle 28 V, 28 % 28'% 29 Graham Paige. 8% 8% 8% 8% Warner. • 32% 32% 32% 32% Gabriel Snubbrs 6% 6% 6% 6% General Motors. 39% 39% 39% 39% Elec Stor Bat.. 77'% 76% 76'% 77% Hudson ... 47 46 46 47% "Haes Bod Corp 8% 8% 8% 8% Hupp 21% 21 21 21% Auburn 150 150 150 150 Mack Trucks .. 71 09'/, 69% 71% Marmon 26% 26 26 27 Hao 11% 11% IP/, 11% Gardner 4% 414 41 Motor Wheel ... 263/, 26% 26% 27 Nash 52% 51% 52 53* Packard 15% 15% 15% 15% Peerless 6% 6% 6% 6% P:f, r . r e A J rOV V - 19% 19% 19% Studebaker Cor 45% 44% 34% 45% Stew Warner .. 43 42 42 43% T.mken Bear ... 74 72% 12% 743, Wijlys-Overland. 9% 9% 9% 10 Ve(.low Coach .. 11% 111% 11% 11% White Motor ... 33 33 33 23 Mining— Am Smelt A Rfg 72% 71 71 73% Am Metals 431, Am Zinc 10% 10% 10% 9% Anaconda Cop. 77’/, 73% 75% 78 Calumet A Ariz. 87% 84% 84% 88 Calumet A Hecla 35% 33% 33% 35% Cerro de Pasco. 64% 61% 61% 65 Dome Mines ... 7 7 7 7 Andes 34% 32% 32% 34% Granby Corp ... 55 54 54 55 Greene Can Cop 116'i Gt Nor Ore 24 23% 23% 23% Inspiration Cop. 2P 28% 28% 29% Howe Sound 38 36 36 36 Int Nickel .. 30* 29% 29% 30% Kennecott Cop. 58% 56% 56% 59 Magma Cop 45'% 45'/, 45% 451/4 Miami Copper .. 28 27 27 29 Nev Cons 29 27% 28% 29% Magma Con 45% 45'/, 45% 45% Miami Copper.. 28 27 27 29 Nev Cons 29 27% 28% 29'/, Texas Gul Sul .. 56V, 55'% 55'% 56% St Joe . 49'/, 49 49 50 smelt 36% 35% 35% 36% Atlantic Rfg ... 42% 41% 41% 41% Barnsdall <A! .. 26% 25% 25% 26% Freeport-Texas. 36% 36% 35% 36% Houston Oil 50% 48 48 50 Indp Oil A Gas 25 24% 24% 25 Ccnt'l Oil 27 26 26 26% Mid-Cont Petrol 29% 28% 28% 29 Pan-Am Pet 8.. 62% 62'/, 62'/, 62% Phillips Patrol... 38% 37 37 39 Prairie Oil 56% 53V, 55% 53% Union of Cal ... 45V 45% 45% 46 Prairie Pipe 58% 58% 58% 58% Pure Oil 23% 23V, 23V, 23% Royal Dutch ... 54% 53V1 53% 53% Richfield 29% 29'/, 29V, 29% Shell 24 23% 23% 23% Simms Petrol... 23% 23% 23% 23% Sinclair Oil .... 27% 27 27 27% Skelly Oil 37% 33% 33% 33% Std Oil Cal .... 63% 61% 61 % 62% Std Oil N J 65% 64% 64'/, 64% Std Oil N Y .... 37% 35% 35% 35% Tidewater 13% 13% 13% 13% Texas Corp 56'% 56 56 56% Texas C A O ... 11% 11% 11* 12 Transcontl 9% 8% 8% 9% White Eagle 28% 28% 28% 28 Industrials— Adv Rum lev ... 21 21 21 21 Allis Chalmers. 45 45 45 47 Allied Chemical. 249% 249% 249% 249 A M Byers 71% 66% 67% 70% Armour A 6% 6% 6% 6% Amer Can 115% 113% 115 115% Alleyhanev Corp 24V, Am Safety Raz.. 57% 56 56 57% Am Ice 38 Am Wool 9% Assd Dry Goods. .36 36 36 36 Bon Alum 43% 40 41 44 Coco Cola 124% 124% 124% 124% Conti Can 53% 52% 52 V, 54 Certainteed 14 14 14 14 Croslev 20% 20 20% 19 Congoleum 14 13% 13% 14 Curtiss W 8% 8% B'% 8% Davidson Chem.. 29% 28* 28V, 29% Dupont 113% 111% 111 V, 113'/, Famous Players. 50 48% 49V, 50 Gen Asphalt .... 52 50% 50% 53 Fox A 62% 60* 61 Vs 63 Gold Dust 41% 39% 40% 41% Glidden 36 35% 35% 36% Int Harvester.. 84 80% 80% 84 Kelvinator 10% 9% 9% 9% Lambert 103 100% 100% 103

Produce Markets

Eggs (countv run) —Loss off delivered in Indfanapolis. 38c; henery quality, 56c; No. 1. 46c; No. 2,30 c. Poultry (buying prices)—Hens weighing 4'j lbs. or over. 22c; under 4'/ a lbs., 20c; Leghorn hens, 17c; springers, 5 ibs. or over, 19c: under 5 lbs., 18c; Leghorns, springs. 15c: stags. 15c; heavy cocks, 14c; Leghorn cocks. 12c; turkeys, young hens, fat. 24c: young toms, fat, 24c; old hens, fat. 18c; old toms. fat. 16c: ducks, full feathered, fat, white, 14c; geese, full feathered, fat. 12c; guineas. 35c a lb. These prices are for No. 1 top quality, 48c; poultry quoted by Kingan & Cos. Butter iwholesale* —No 1 4@45c: No 2. 42#43c. Butterfat—40 3 < 42c. Cheese (wholesale selling price pet poundi—American loaf. Ssc: pimento loaf. 37c: Wisconsin firsts. 37c: Longhorn 27c - New York Umberger. 30c. B” United Press CHICAGO. Nov. 26 Eggs—Market, steady; receipts, 3,092 cases: extra firsts. 51'-/53c; firsts. 48# 49c; ordinaries. 37# 39c; seconds. 28#35c. Butter —Market, steady; receipts. 15.027 tubs; extras, 42c; extra firsts. 404141 c; firsts, 3738 c: seconds. 35® Sec; standards, 40c. Poultry— Market, steady: receipts. 7 cars; fowls, 24c: springers. 22c: Leghorns, 18c; ducks, 16c; geese. 17c; turkeys. 29c; roosters. 18c. Cheese—Twins. 21 l i#22c; Young Americas. 24c. Potatoes—On track, 316; arrivals. 79; shipments. 463: market, about steady: Wisconsin sacked Round White. *2.30 .. 2.50; Minnesota and North Dakota, sacked Round White, $3 20#2.30; Minnesota and North Dakota Red River Ohios, $2 25# 2.45; Idaho sacked Russets, $2.60 3. B" United Press NEW YORK. Nov. 26—Flour—Dull and easier; spring patents, *6 25#6.70. Pork— Steady: mess. S2B 50. Lard—Easier, midale west spot. *lo.Bo# 10.90. TallowQuiet: special to extra, 7 5 #7 , 8C Potatoes—Steady: Long Island. $2.75# 6.35: Southern. $3.50#4; Maine. s4# 5. Sweet potatoes—Steady: southern, baskets. 75c# $1.35: southern, barrels. $2.25#3; Jersey, baskets. 60c as2 25. Dressed poultry; steadv to firm; turkeys. 27#40c: chickens, 24#36c; fowls. 20# 33c; ducks, 16# 28c; Long Island, 23# 27c. Live poultry—lrregular and unsettled; geese. 14#25c: ducks. 16# 28c; fov’% 18#32c: turkeys. 26#32c: roosters. 2< ?2c; chickens. 20# 30c: broilers. 20#j u c. Cheese —Quiet; state whole milk, fancy to special, 26 #26Vic. Bn United Press CLEVELAND. Nov 26 Butter—Extras. 46c extra firsts. 44845 c; seconds. 351/36c. Ecfis—F tras. 56c; firsts. 47c. Poultrv — Heavy owls. 256 26c; medium. 22# 23c; Legho j. 156 20c; springers. 23 625 c; Leghorn fingers, 20c; spring ducks, 30# 25c; old co-is, 18c; geese. 22c: turkevs. 30 ; r 35c. Potatoi* — Ohio and New York. $3.85493.90. few *4. per 150-ib sack: Maine Green Mountain. SMS# 4.40 a 150-lb. sack; Idaho Russets, $4(94 25 a 150-lb. sack; home grown, $1.5091.60 bushel sack.

Link Belt 41 Loews 43% 43% 48% 48% May Stores 59% 57 % 59% 60% Bolster 7 6’% 6% 7 Montgom Ward. 58% 57% 57 s , 58V, Nat! C R 79% 77% 77% 79 Radio Keith 17% 17 17 17% Owens Bottle .. 54 54 54 54 Radio Corp 35 34% 34% 35 Real Silk 47% 46 46 48 Rem Rand 29% 29% 29% 30% Sears Roebuck.. 97% 95% 95'/, 98 Union Carbide . 79% 76% 77 79* Warner Bros ... 45 44 44% 45% Un Air Craft .. 43% 43 43 44% Univ Pipe .... 4 4 4 4 USCs Ir Pine.. 19% 19% 19% 19% U S Indus A1c.0.141% 139% 141 140'', Worthington Pu 75 72 74% 71'/, Woolworth Cos .76 74% 74% 77 U S Leather 10% Utilities— Am Tel A Te1..222% 220% 221% 224% Am Pr ALt ... 85% 84% 84% 85 Eng Pub Serv... 39% 39% 39% 39% Am For Power . 75% 73 V, 73% 75 Am Wat Wks... 82% 81% 82% 84 Gen Pub Serv.. 33% 33V, 33% 34% Col G A E 72% 70* 71 72 Consol Gas 99 V, 98 98 100 V, Elec Pow A Lt. 41% 41% 41'% 41 Int TA T 72 71% 71% 72 Nor Am Cos 90% 89 89 90% Pac Light 74 73% 73% 75 Pub Serv N J .. 80% 79% 79'% 80 So Cal Edison .. 56 55% 55% 56% Std Gas A E1...114% 111'% 111% 109 United Corp .. 31V, 30V, 30V, 31% Utilities Power . 32* 32 32 32'% United G A Imp 31'% 29% 29* 30% West Union Tel. 189 185 185 192 Shipping— Am Inti Corp .. 40% 39 39 40 Am Ship A Com 1% 1% 1% 1% Atl Gulf A W 174 71 73% 73% Int! Mer M pfd. 26 26 26 26 United Fruit ...109 108 108 108'% Foods— Am Sug Rfg ... 61 61 6! 61 Bade 66% 66% 66% 66 Cudhay 43* Beechnut Pkg 65 California Pkg.. 70 70 70 68% Canada Dry ... 60% 64 65% 66 Corn Products.. 89* 89% ... 90 Cont Bak A .... 37% 37% 37% 37'% Cuban Am Sug. 7% 7% 7% 7% Hershey 72 Grand Union .... ... ... 13% Grand Union pfd 35% Jew’el Tea ... ... 45% Kraft Cheese .. 38’/, 36V, 36% 37'% Kroger 54% 52 53'% 56 Loose Wiles 51 50 50 51% Natl Biscuit ...183'% 183 183'% 184 Nati Dairy 52 51A% 52 51'% Gen Foods 50V, 50 50% 51 Loft. 5 4% 4% 4% Stand Brands .. 28% 27% 28V, 28 Ward Baking B 6% Tobaccos—• Am Sumatra ... 24% 24% 24% 25 Am Tob B 203* 202'% 202'% 202 Con Cigars .... 47% 4 7 % 47% 47 General Cigar . 53% 53 53 54% Lig A Meyers .. 89 88 89 90% Lorillard 18% 18 18 18 R J Reynolds .. 46% 45'% 45% 46'% Tob Products B. 4% 4% 4% s'/, United Cigar St. 5% 5% 5% 6 Schulte Ret Strs 8 8 8 8

BROKERS TO PAY HOLIDAY BONUS ON 810 SCALE Total Sales This Year Are Expected to Break All Records. Bv United Press NEW YORK, Nov. 26.—Employes of the New York Stock Exchange are to receive a Christmas bonus from the funds of the exchange, thereby making unnecessary calling upon members for contributions, it was announced Monday. This bonus was the first officially announced in Wall Street, although dozens of the large wire houses have declared an intention to make generous distributions. Hornblower & Weeks have paid a bonus of three weeks’ salary to their employes as a Thanksgiving bonus. This is the only house making such distribution. Several, however, have been giving employes extra pay during the recent hectic markets that kept them at their posts throughout the night in many instances. It was estimated in the Street on Monday that the 1929 Christmas bonuses would exceed those of 1928. when something like $100,000,000 was distributed. In 1927 only half this amount was paid. Break Sale Records

Various firms were expected to pay f rom 5 to 75 per cent of salaries to employes. It was believed that employes of J. P. Morgan & Cos. would receive 100 per cent. This bonus is never divulged to the public, but it is one of the largest in the street being paid out of funds left in bequests by deceased members of the firm. No definite announcements have been made as yet regarding Christmas payments. Members of the Stock Exchange are not permitted to make a payment to employes aside from wages without permission of the Stock Exchange. Monday the exchange sent out a formal notice reminding member firms of the prohibition against giving of gratuities to employes. The rule against these gratuities is as follows “No member shall give any compensation or gratuity to an employe of the exchange or to an employe of another member of the exchange unless the giving of such compensation or gratuity be first submitted in writing to the committee of arrangements and approved.’’ While business of member firms has been consjdrably reduced by the terrific break, the majority of houses made more money this year than ever before. All sales records for any year were broken on the Stock Exchange and curb, and this means larger amounts made in commissions. Largest Bonus Paid In the recent trading where sales topped the 16,000,000 share mark on Oct. 29. clerks were kept at their work all night in many instances. Since then they have been working into the night trying to catch up with back work. Last year, business was lighter, being under a billion shares on the Stock Exchange, and the largest bonuses in history were paid. Among the large payments last year were from 6 to 60 per cent of salary by De Copet & Doremus, up to 80 per cent by Peter P. McDermott & Cos., 25 per cent by New York Title and Mortgage Company and American Trust Company, 10 per cent by Bank of New York, 10 per cent by Harriman National bank and a long list of others of similar scope. Marriage Licenses J. Cedria Kesre. 24. 2224 Park, pharmacist, and Marguerite E. Barker. 24. 2139 College, stenographer, Warren A. Ingerman. 21, Connersville. clerk, and Ina I. Franklin, 20. 806 North Delaware, bookkeeper. William C Maze. 24. Acton, machinist, and Lillian L. McCollum, 24. Acton, teacher. Walter L. Miller. 39. 251 North Delaware, clerk, and Vivian Harris, 31, 251 North Delaware. Aura E. Condiff. 27. 460 East Washington. decorator, and Genelle Shepperd, 18. 460 East Washington, clerk. Clyde S. Huev, 25. 1129 Ewing, salesman. and Lois M. Neel, 22. 825 North Del. aware, stenographer.

THE INDIANAt-uLIS IiMES

STOCKS OPEN WEAK UNDER LIGHTTRAOINO Selling on N. Y. Exchange Is Slowest Since Last August.

Average Stock Prices

Average of twenty Industrials for Monday was 343.44. off 2.30. Average of twenty rails was 47.53, off .83. Average of forty bonds was 93.84, up .20. Bu United Press NEW YORK, Nov. 26.—Trading on the Stock Exchange today was at the slowest pace since last August. Tickers kept abreast of the market so easily it was possible to carry complete prices in most instances. Prices fluctuated in arcs of less than 2 points, with the majority lower. Sales in the first half hour were 310,200 shares, compared with 556,000 shares in the same period Monday. Business at the opening lacked zest. The largest sale was 8,000 shares of Columbia Craphophone, while others very very much smaller. Changes were irregular in initial dealings. J. I. Case rose more than 4 points and New Haven 3, while losses ranging from fractions to 4 points were spread out among the remainder of the list. Dividend Increased Early buying of New Haven was a feature. Traders anticipated an increased dividend and were rewarded when it was announced at 11:30 a. m. that the stock had bean placd on a $6 annual basis with a quarterly declaration of $1.50 per share. The last dividend was $1.25 or an annual rate of $5. Allied Chemical declared a 5 per cent stock dividend and before it was announced the stock rose fractionally. Copper stocks sold off on expectations of a reduction in the price of the metal from the 18 cent level in force for several months. This ability of the market to respond quickly to immediate news items was considered favorable. Traders were pleased with the behavior of the list despite a downward tendency most of the morning. The selling that occurred was said to have been prompted by the approach of a three-day holiday. United States Steel was watched carefully. It opened up Vs at 167% and then moved up to 168, from which it broke to 165%. Toward noon the issue was rallying from its low and helping the entire list. Issues Rally General Electric recovered part of a loss of 4 points: American Telephone rallied from 220% where it was off 2%; Montgomery Ward got back to the previous close from 57% off 34. Standard of New Jersey held firm through the morning as did most of the other oil shares. Equipment shares were bid up cn expectation of large profits to be derived from heavy orders from railroads. Westinghouse Airbrake was up more than 2 points. Baldwin came out in long strings and moved higher. Pressed Steel Car advanced. Leaders like Westinghouse, American Telephone, American & Foreign Power and Sears Roebuck were down a point or so.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings Nov. 26, $3,975,000; debits, $8,341,000. CHICAGO STATEMENT Bit United Prexx CHICAGO, Nov. 26.—Bank clearings, $117,200,000 ■, balances, $7,800,000. NEW YORK STATEMENT Bit United Press NEW YORK, Nov. 26.—Bank clearings $1,635,000,000; clearing house balance, $271,000,000; federal reserve bank credit balance $160,000,000 TREASURE STATEMENT Bp United Press WASHINGTON, Nov. 26.—Treasury net balance on Nov. 23, $129,289,813.35, customs receipts for the month to the same date totaled $36,682,893.27. Births Boys Harry and Mary Putnam, St, Vincent's hospital. William and Dymple Gammon, St. Vincent's hospital. Eli and Minnie McConnell. 936 Union. Jareld and Katherina Edwards, 5796 West Morris. Richard and Eleanor Brown, Christian hospital. Henry and Dorothy Powell, Methodist hospital. Orval and Elizabeth Cotton, Methodist hospital. Lewis and Bessie Albrecht. Methodist hospital. Luther and Florence Bradford, Methodist hospital. James and Mamie Fleming. Methodist hospital. Ralph and Grace Blanchard. Methodist hospital. Arvel and Laura Crouch, Methodist hospital. August and Florence Vincent, Methodist hospital. Alvey and Eva Strole. Methodist hospital. bov twins. Harold and Martha Grant. Methodist hospital. Fielding and Aline Hills, Methodist hospital. James and Lena Pettit, Methodist hospital. Carl and Mae Mendel, 1913 South Talbott. James and Ethel Johnson. 763 North Belmont. Charles and Leora Reynolds. Coleman hospital. Kenneth and Leola Maudlin. Coleman hospital. Earl and Grace Ducker, Coleman hospital. Harold and Mildred Braun, Coleman hosiptal. Lewis and Louise Finch, Coleman hospital. Floyd and Blanche Osborne, Coleman hospital. Carl and Hilda Seller, Coleman hospital. Nathan and Musetta Washburn, Coleman hospital. Francis and Ruth Stevenson, 2000 Hompton. Bennett and Elsie White. 1036 South Mount. Llovd and Mabel Reich, Eleventh and Pleasant Run Parkway. Mario and Dorothy King, 15 North Drexel. „ Paul and Martha Lutane. 1635 Draper. Michael and Efigenia Solakoff, 303 West Vermont. Girls Earl and Betty Carmen, St. Vincent’s hospital. Robert and Fannie Phillips, 314 Norwood. Thomas and Edna Flowers, 5712 East Michigan. Oscar and Nell Fondaw, 6052 Dewey. Alfred and Louise Wright, 911 East Fourteenth. Robert and Dosha Deamin, Coleman hospital. Ray and Goldie Keliendore, Coleman hospital. Otho and Clec Hayes, 808 Fletcher. Harry and Augusta Zimmerman, 2047 North Tacoma. Carl and Catherine Hubbell, 205 North Arsenal. Gerlad and Frieda Gary, 1266 Roosevelt. Lloyd and Helen Bryant, 1611 Alvord. Theodore and Dorothy Duncan, 1811 Lockwood. Twins Alvey and Eva Strole, Methodist hospital, boys.

Business — and — Finance

The fifty most active stocks traded in on the Chicago Stock Exchange during the week ended Nov. 22 had a market value of $2,247,330,601 at the close of business Friday, as compared with $2,096,283,220 at the close of the previous week, according to a compilation by Lage & Cos., members of the New York and Chicago Stock Exchanges. This represents an increase of $151,047,381 or 7.20 per cent. International railways of Central America reports lor October gross revenues of $566,349. Operating expenses and taxes totaled $413,933, leaving income applicable to fixed charges of $132,416. Wages In the building trades have shown an almost steady advance since 1922 and are now at the highest level on record. With the exception of a slight recession In 1921 and early in 1922 the rise has been continuous since 1913. The wage index rose from 100 in 1413 to 195 in 1920, declined to 179 in March, 1922, and then rose to 238, the present level. NEW YORK Nov. 26.—Steadiness and good buying characterized the market for electrical equipment and apparatus in the past week. Reports received from all sections of the United States reflect conditions as favorable everywhere in the electrical industry. Electrical World reports. Only the Pacific coast, where present business is normal, is displaying caution in forward bu- ng. Inquiries here slowed up slightly during the week and seems to be that business on the coast for the next six months will depend upon Industry’s reaction to the stock market break. Consolidated net earnings of Clark Equipment Company for the quarter ended Sept. 30, 1929. after depreciation, interest and federal taxes, were $322,7.96 compered with $352,613 in the third quarter of 1.928. The 1929 figure is after charging off the entire expense of common stock financing during the period which otherwise would have shown a small increase in the net profit. The value of merchandise exported from the United States has. with the exception of 1926. shown a steady increase since 1922. During the " first nine months, exports wefe valued at 53,84*000,000 this year as against $3,558 600,000 last year and $2,737,000,000 in 1922. Henney Motor Company, subsidiary of Allied Motor Industries, Inc., is working full time on contracts, which, according to John W. Henney, president, will bring gross sales this year for the first time close *o the $2,000,000 mark. The Henney company makes a special line of motorized hospital and funeral vehicle equipment, business cars and taxicabs. DETROIT, Mich., Nov. 26,—An extension of the time for payment of the S3O balance due on Great Lakes Steel Corporation stock has been granted to stockholders who have assented, bv deposit of their stock, to Inclusion of the corporation In a consolidation forming the National Steel Corporation, it WBs announced by the committee in charge of the merger of the corporation with the Weirton Steel Company and certain subsidiaries of the M. A. Hanna Company. The Radio Products Corporation reports for the ten months pnding Oct. 31. 1929. net earnings of $540,370, equivalent to $5.40 for the ten months on the 100,000 shares of stock outstanding. after deducting officers’ salaries, depreciation, provision for federal taxes, and operating expenses. T. Miller A Sons, Inc., for the nine months ended Sept. 30, 1929, reports net profits of $796,661. anew high record which compares with net profits of $571,236, reporte dfor the same period in 1928, an Increase of approximately 40 per cent. Net profits, which are figured after reserves for federal taxes, were equal to more tha nthe $794,533 earned for the full year 1928. Earnings for the nine months were equal to $3.85 a share on the 175,000 shares of common stock outstanding after providing for preferred dividends and. based on current estimates. earnings on the common for the full year 1929 are expected to equal approximately $5 a share. Public Service Co-ordinated Transport, operating subsidiary of Public Service Corporation of New Jersey, carried a total of 157,124,573 bus and street car passengers during the three months ended Sept. 30. 1929. anew high record for any similar period. The total compares with 152,982,426 passengers carried during the same period last year. A contract for financing sales of alcraft made on the time payment basis has been signed by Commercial Investment Trust. Inc., with the Detroit Aircraft Corporation, Detroit.

On Commission Row

FRUITS Apples—Delicious, box extra fancy. $4; fancy. $3.15. choice. $24/2.25; Jonathans, $2.75: Grimes Golden $2.50: extra fancy box. Grimes. $3: New York Duchess *2.25 @2.50: Gravenstein $3: Wolf River. $2.50: Stavmen Box. $2.50. Cranberries 50-lb. box. Grapefruit—Florida. $6.25. Grapes—California, seedless. $3.50 a crate; Tokays $2.25. Lemons—California, a crate. $13.50@14. Limes—Jamacia $2@>2.60. Oranges—California Valencia. $4®8.25. VEGETABLE*. Beans—Texas. $4 a hamper. Beets—Home-grown, doz 40c. Carrots—Home-grown, doz.. 35c: Colorado crate. $3.25. Cabbage—s3.so a barrel. Celery—Michigan 90c: Idaho. $1.25 a dozen bunches. Cauliflower—Colorado, crate, $3. Cuctimberrs—Hothouse, a dozen. $2.25. Eggplant—s2.so a dozen; $6 a hamper. Kale—Spring, a bushei $1.35. Lettuce—California Iceberg. *4@s a crate: home-grown leaf a bushel. $1.15. Mustard—A bushel. *l. Onions—lndiana vellow $2.25 a 100-lb bag; white. 50-lb bag. *1.75. Parslev—Home-grown, doz bunches 45c Peas—Colorado $8 a hamper. Peppers—Home-grown $7.50®8 a crate. Potatoes—Wisconsin and Minnesota white. $4.25®4.50 a 160-lb. bag: Red River ONus. 120 lbs.. $3.75: Idaho Russets *3.75. Radishes—Button, hothouse dozen 90c; Southern long red 154725 c dozen Sweet potatoes—Virginia Jersevs *4 a barrel; *2 a bushel; Indiana Jersey. $2.50 a bushel; Nancy Halls, $1.75 a hamper. Tomatoes —California. $3 a bag; hothouse. $2 @2.25 a 8-lb. basket. Bp United Press CHICAGO, Nov. 26. Apples, barrel, s4® 8. Deaths Nathan C. Randall, 61, St. Vinceit's hospital. peritonitis. Van Kinney, 77, 1430 South Harding, cerebral hemorrhage. Lelah Leah Hardin, 31, long hospital, peritonitis. Elmer Metcalf, 39, city hospital, broncho penumonia. Ida Douglass Barkley. 85. 1824 North Pennsylvania, broncho pneumonia. Ella M. Brown, 70, 1234 Parker, carcinoma. Emma Myers, 28, 831 Westbrook, septicaemia. Lewis S. Stokes, 18, Long hospital, Bante’s disease. Frank R. Shepard. 57, 2819 North Pennsylvania. cerebral hemorrhage. John Gebhardt. 63. 410 West Forty-third, interstitial nephritis. Cahrles Wood, 56, Central Indiana hospital, carcinoma. Wheeler G. Smith. 49, 1508 East Comer, pulmonarv tuberculosis. Albert G Clayborn. 72, 715 North California, arteriosclerosis. Emma Jane Wilson, 53, 2221 Oxford, myocarditis. Lester Findley, 40, 814 ! /i West Twelfth, lobar pneumonia. Andrew Bobbette. 34. 525 West Thirteenth, lobar pneumonia. John Barbour, 42, city hospital, broncho pneumonia. William N. Eckstein. 61, Methodist hospital. general peritonitis. Ella F. Crab. 59, 428 South Christian, lober pneumonia.

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW TORE MEMBERS New York Stock Exchange Chicago Stock Exchange New Y’ork Cotton Exchange Chicago Board of Trade New York Curb Association 300 Fletcher American Bank Bldg. Telephone Lincoln 5501

WHEAT PROPS AT BPEN!NB ON CHICAGO BOARD Weakness at Liverpool Is Attributed to News From Buenos Aires. fin Press CHICAGO, Nov. 26.—Wheat prices had a downward tendency as the Board of Trade opened here this morning. The weakening at Liverpool counteracting the frost damage reported last night in Buenos Aires province. Buenos Aires opened unchanged to M cent higher, while Liverpool had reacted to only % to % cent higher. Corn and oats followed wheat and were uneven at the opening. At the opening wheat was un - changed to * cent lower, corn was Vs cent higher. Provisions were steady. Notwithstanding the 4,302,000 bushel decrease in the visible supply of wheat and the bullish statistical and Argentine news, prices fell Monday. However, many traders think the turning point has been reached. Liverpool opened strong this morning, but lost most of its early gain on selling at Liverpool by American holders. Argentine news is more effective in Europe. The increased movement of corn is having its effect and the market had to face heavy selling Monday. The action of wheat has an effect at times, while the visible supply increased, it is still less than one-half of last year’s total. The cold weather Is continuing. Lcng holders and the northwest were the chief sellers of oats, letting go on all bulges and preventing the market from advancing on its own fundamental basis, which, is rather bullish.

Chicago Grain Table —Nov. 26 WHEAT— Prev. Open. High. Low. 12:00. close. Dec... 123 1.23* 1.21% 1.23% 1.231% Mar.. 1.30 1.31 1.30 1.31 1.30% May.. 1.34* 1.35 1.32% 1.34% 1.34* July.. 1.34% 1.35 1.34% 1.34* 1.33% CORN— Dec... .87% .87% .87% .87% .87% Mar.. .92'% .92% .91% .92* .92'% May,. .94% .94% .93% .94% .94% OATS— Dec... .46* .46% 45% .46% .46% Mar.. .48% .48% .48% .48% .48* May.. .50% .50% .49% .50* 50'/* De^ YE ~1.02% 1.04 I.ol* 1.04 1.02% Mar.. 1.03% 1.05 1.02% 1.05 1.04 May.. 1.03* 1.05% 1.03 1.05% 1.04% LARD— Dec.. 10.17 10.25 10.17 10.25 10.22 Jan. 10.85 10.95 10.85 10.95 10.85 Mar. 11.10 11.10 11.10 11.10 11.07 May. 11.25 11.37 11.25 11.37 11.30 Bv Times Special CHICAGO, Nov. 26.—Carlots: Wheat, 11; corn, 447; oats, 37; rye, 2.

Local Wagon Wheat

City grain elevators are paving $1.15 for No. 2 red wheat and $1.12 for No. 2 hard wheat. STOCK TO BE LISTED Fractional Shares Will Be Taken in at $lB on Exchange. Bv United Press NEW YORK, Nov. 26.—Standard Oil export corporation subsidiary of the Standard Oil Cos. of New Jersey, has made an offer to direcors of the Anglo-American Oil Cos., Ltd., to exchange one share cf $5 nonvoting preferred stock for each 5% shares, of Anglo-American ordinary stock it was reported Monday. Application will be made to list the stock, on both the New York and London Stock Exchanges. The exchange basis is worth approximately $lB a share for AngloAmerican, but no fractional shares will be issued. Fractional shares will be taken in at $lB a share. The offer is open until Jan. 31, 1930, and is subject to acceptance by not less than two-thirds of each class of Anglo-American stock.

Today’s Dividends

Bp United Press NEW YORK, Nov. 26.—Directors of the Allied Chemical and Dye Company today declared a stock dividend of 5 per cent on the common stock In addition to the regular quarterly dividend of $1.50, payable Jan. 3, to s.ock of record Dec. 11. Directors anticipate continued payment of annual stock dividends. Bp United Press NEW YORK, Nov. 26.—Directors of the International Business Machine Company today placed the company’s stock on a $6 annual cash dividend basis by the declaration of a quarterly dividend of $1.50, payable Jan. 10, to stock of record Dec. 31. A 5 per cent stock dividend was also declared. Previously the company paid annual dividends at the rate of $5 annually. Bp United Press NEW YORK, Nov. 26.—Directors of the New York, New Haven & Hartford railroad placed the road’s common stock on a $6 annual basis today. At the annual directors' meeting it was voted to increase the quarterly dividend from $1.25 to $1.50 per share of common stock. The dividend is payable Jan. 2, to stockholders of record Dec. 6. The usual quarterly dividend of $1.75 per share on preferred stock also was voted. > Bp United Press NEW YORK, Nov. 26.—Directors of the Southern Pipe Line Company have proposed a distribution of $5 a share from the capital reduction account, It was announced here today, subject to the approval of the public service commission of Pennsylvania. Bp United Press NEW YORK, Nov. 26 —Directors of Lane Bryant. Inc., today declared an initial quarterly dividend of 50 cents a share on the new common stock, placing the Issue on a $2 annual cash dividend basis. This is equivalent to $3 a share on the old stock, which paid $2 a share. NEW YORK COFFEE RANGE —Nov. 25 High. Low. Close. January 8.75 8.75 8.75 March 9 00 8.75 8.75 May 8.80 8.55 8.55 July 8 80 3.55 8.55 September 8.70 8.54 8.62 December 9.12 8.80 8.93 Forty-nine years ago there were only two people engaged in the telephone business. Today there are 300.000 in the United Statss.

The City in Brief

WEDNESDAY EVENTS Kiwinis Club lucbeon, Claypool. Junior Chamber of Commerce luncheon. Chamber of Commerce. Turdue Alumni Association luncheon, Severin. Lions Club luncheon. Lincoln. lUinoi Club luncheon. Board of Trade. Employes of Murphy 5 and 10 cent store will hold a Thanksgiving dance in Stockman dance studio, Sixteenth and Illinois streets, tonight. E. W. Mushrush and Miss Dorothy Reynolds will exhibit the “Yo Yo Hop.” “The Railroad and the Travelers’ Aid” will be discussed by Frank E. Strouse of Chicago, Pennsylvania railroad official, at a meeting of the Travelers' Aid Society of Indianapolis at 6:30 p. m. Monday night. Judge Thomas E. Garvin of municipal court closed an all-day meeting of Zenith radio dealers of the state with an address Monday night at a dinner in the Severin. John P. Koehler, druggist, and Irving W. Lemaux, president of the Security Trust Company, returned here Monday after a two weeks hunting trip near Munising, Mich. Lemaux bagged a deer and a timber wolf. A turkey dinner will be served from 12:30 to 2 Thanksgiving day, by the Ladies’ Aid Society of the Broadway M. E. church in the .church dining room. A treasure hunt will feature a hay ride to be given tonight by the Young Men’s Class of the North Park Christian church. The trucks will go to the Boy Scout reservation. The Indiana University Club meeting at the Columbia Club, Monday, planned entertainment for the Indiana university football and cross country teams. Date has not been set. E. C. Mayes, cross-country coach will speak to the club, Dec. 9. Miss Gertrude Ilelmuth was elected president of the Marion County Youths’ Association at the quarterly dinner In North Park church, Monday night. Other officers named are: John Thompson, vice-president; Miss Irene Bishop, secretary and treasurer. Meredith Nicholson, author; Albert Stump, attorney, and Luther E. Dickerson, city librarian, spoke at the eighteenth anniversary of the dedication of Hawthorne branch library, 70 North Mount street, Monday night. Philip N. Greenbergcr, 502 East McCarty street, dry goods merchant, has filed a voluntary bankruptcy petition in federal court, listing $5,733 liabilities and $3,347 assets. NEGRO LODGES TO JOIN IN BURNING MORTGAGE Ceremony Scheduled for Thursday and Friday Nights at Hall.

A mortgage burning and celebrat.on of Masonic lodges sponsored by the board of directors of Southern Cross, Waterford, Central and Meridian lodges, will be held at the Masonic Hall, 351 Indiana avenue, Thursday and Friday nights, with Robert O. Frazier acting chairman. Members of the board Include W. E. Jones, J. A. Burch, and Daniel Jones. Three new books on Negro themes two of them by Negro authors, have been announced by publishers. Among the editions are "Little Black Stores for Little White Children,’’ by J3laise Cendras, author of “The African Saga.’’ According to the author, the stories are those “which the big children of Africa tell around the fire at night to amuse themselves and to keep watch against the beasts that roam.” “The Black Christ and Other Poems,” by Countee Cullen, includes a narrative poem and a collection of his lyrics. The third book is “An Anthology of American Negro Literature.” in the modern library series, edited by V. F. Calverton. The series contains short stories, excerpts from novels, essays, poems, spirituals, blues, all represented by Jean Toomer, Claude McKay, Eric Walrond, Walter White, Dr. Du Bois, Rudolph Fisher, Georgia Douglas Johnson. Jesse Fauset and many others. A “Fall Frolic,” which has Its setting in an autumn garden, is to be given by pupils of School 37 tonight In the building auditorium. Each room Is to be represented In costume, with choruses and dances appropriate to the season. Among numbers are a “Dance of the Frost,” “Meadows Acrobats,” “Dance of the Winds,” ”A Night in the Argentine.” “An Indian Village” and “Pilgrims Going to Church.” Mrs. Hazel H. Hendricks is principal and director. Mrs. John E. Cross of New Brighton, Pa., returned to her home Monday after a short visit with Mrs. Flora Davis in Fayette street. Mrs. Pearl Jones of Baltimore Is the house guest of her daughter, Mrs. Ima Black, 638 West Tenth street. Miss Juanita Bobson and Miss Ann Johnsonne motored to Louisville Sunday for the day.

UTILITIES POWER & LIGHT CORPORATION An International Public Utility System ■ Over $12,000,000 recently spent for additions and improvements to the Company's properties are now producing a satisfactory return. Third quarterly earnings show large benefits resulting from these improvements. The Company’s sound financial structure and rapid growth offer an attractive investment opportunity. Class A Stock traded on Chicago and New York Stock Exchanges. Class B and Common Stock traded on Chicago Stock and New York Curb Exchanges. Write for descriptive circular UTILITIES POWER. 6- LIGHT Securities Company 327 So. La Salle Street, Chicago

PAGE 13

NEGROES WILL BEGIN WELFARE WORKJN CITY New Institutional A. M. E. Church to Open With Sermon Sunday. First sermon of the new Institutional A. M. E. church was delivered Sunday at Trinity hall, Twentyfirst street and Boulevard place, by Dr, Charles Sumner Williams, founder. Dr. Williams, civil leader and former pastor of St. John and Bethel A. M. E. churches here, was recently appointed to establish the new church by Bishop A. J. Carey of Chicago. Its activities, the first among Negroes here, are to include a program of welfare work, a dav nursery clinic and social activities nelpful to young people. Leaders of the church plan to co-operate with other welfare agencies in furtherance of its program. Bishop Carey's letter of appointment stated, “I believe Dr. Williams to be fully and peculiarly qualified for this work so greatly needed among Negroes. The trend of the times is prophetic of greater social activities fostered by the church. Union Services Slated “I am sure funds entrusted to him or his trustees will be appointed sacredly to this needed cause.” Further announcements of the new program will be made in columns of The Times on Friday, Dr. Williams stated.

Second of a scries of union Thanksgiving services conducted by Barnes M. B. church. Seventeenth Street Baptist Church ana First Baptist Church of North Indianapolis will be held at the Seventeenth street church, of which the Rev. 3- B, Carter is pastor, tonight. Wednesday and Thursday nights services will be held at Barnes M. E. church, of which the Rev. R E. Skelton is and the Friday night and closing * ervlc ® Sunday afternoon, will be conducted at the First Baptist chujeh, with the Rev. T- . Young, pastor. In charge. A chorus composed of the church choirs will give mUSl °‘ Boys’ Conference Opens Thanksgiving services will be conducted bv the Rev. O. W. Baltimore, pastor Thursday at 11 o’clock at the New Bethel Baptist church. Tenth annual Older Boy s conference, sponsored by Hi-Y clubs of Indiana, opened at Columbus. Ind.. with representatives from several local churches. Liddell H. Ammons of this city is to give music for the parley and the Y. M. C. A. junior quartet Is to sing at tire banquets. E. P. Coti Missionary Society of New Bethel Baptist church will present Miss Elizabeth Cutler, a student at the Chicago Plano College la a recital Thanksgiving night. Among those assisting Miss Cutler are Richie Mae and Richard Lee Motley, Wallace Woolfolk and the senior choir of the church. The Rev. N. A. Seymour Is pastor. Members of the Blue Triangle Club of Phyllis Wheatley Y. W. C. A. will give a program at the Alpha home morning at 9:30. 1 M Librarian to Speak Mrs. Lillian H. Childress, librarian Tflr Attucks high school, will talk on “Child Literature’’ at the meeting of the Flora Grant Mite Missionary Society of Allen chapel at the home of Mrs. S. L. Randolph. 2208 College avnue. Friday afternoon. This program Is sponsored by the mothers’ departments, of which Mrs. Nettie Gibson is chairman. St. Monica’s Guild of St. Philip’s Episcopal church will meet tonight with Mrs. Mary C. Auter, 2820 Boulevard place. Union Thanksgiving services of Bethel A. M. E. church, of which the Rev. R. L. Pope is pastor, and Jones Tabernacle A. M. E. Zion church, of which the Rev. Stephen GUI Spottswood Is pastor, will be held at Jones tabernacle, with Mr. Pope In charge. Thanksgiving morning at 11 o’clock. The proclamation will be read by Mrs. John Mllllken. A Thanksgiving program sponsored try the religious committee of the State Federation of Women’s Clubs, will be given Thursday night r the Woman's Club home, 2034 North Capitol avenue. The Rev. H. C. Ha y, pastor of St. John's A. M. E. church, will be the principal speaker. Mrs. Gertrude B. Hill Is president. T. T. Club Names fftcera At a recent meeting of the ParentTeacher club of School 4. election was held and plans for the year’s work was discussed. Mrs. Anna Anderson Is president. A radio tea will be given at the home of Mrs. El wood Smith, 972 Roache street, Thursday from 4 to 10. under auspices of the Live Wire club of Shiloh Baptist church. Mrs. Mary L. Taylor Is president. A harvest membership party is to be given by industrial girls of the Blue Triangle Club at, Phyllis Wheatley Y. W. C. A. tonight. The public is invited to don aprons and overalls and take part in the festivities. Mrs. Sallie Brldgeforth la president. “A Thanksgiving Moviefest’’ Is being sponsored by teachers of School 40, Wednesday afternoon at 3 o’clock, at the Walker theater. Mrs. Blanche Crossen la chairman and H. M. Riley Is principal. "Men Unafraid’’ is to be discussed by the Rev. M. W. Clair. Jr., pastor of Simpson M. E. church, at the mid-week rerv're? Wednesday night.