Indianapolis Times, Volume 41, Number 177, Indianapolis, Marion County, 4 December 1929 — Page 19

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HOGS SELL 15 CENTS LOWER AT CITY YARDS Cattle Slow, With Steady Trend; Vealers Up, at $17.50 Down. Not. Bulk. Top Receipt-.. 26. *9 10 *9 15 10.000 27. 5.35 9 4!) 5,000 29. 9 60 9 70 10.000 30. 9.60 9.60 7.500 D*C. 2. 9 65 9.75 10.000 J. 9.65 9 75 13.000 4. 9 50 9.50 13.000 Hogs were mostly 15 cents higher today at the Union Stockyards. The bulk, 160 to 300 pounds, were selling at $9.50. Butchers held steady. Receipts were estimated at 13,000; holdovers, 259. Cattle slow, with indications pointing to an unchanged market, slaughter classes fully steady, few spots strong. Vealers largely $1 higher, selling f,t $17.50 down. Sheep and lambs strong to stationary, good ard choice grade of lambs sold at Tuesday’s best prices at $1250 to sl3; all lower grades vverf sel]in~ at $9 to sl2. Chicago ho" receipts 30 000, Including i0 "oo directs; holdovers, 8.000. Market rlo-v, few early sales and numerous bids were steady to 10 cents lower than Tuesday’s average. Choice of 210 to 260-pound weights, sold at 59.50. Cattle receipts, 16,000; sheep, 15,000. —Ho*— Receipts 13,000; market, tower. 300 lbs and tip $ 9.2545' 9.50 250-300 lbs. and up 9.6545, 9.75 225-250 lbs 9.65 ~ 200-225 11-.s 9.65 160 300 lb 9.50 130-160 lis 8.754/; 9.35 90-130 lbs. 8.25 '/ 8.60 Packing sow s 8.00 3 8.75 —Cattle— Receipts, 1.350. market, .steady. Reef steers. 1.100-1,500 lbs.. good and choice 11.5045,15.00 Common and medium 9.00^11.50 Beef steers, 1,100 lbs. down. good and choice 11.75(015 25 Common and medium 8.50(0.11.75 Heifers. 850 lbs. down, good and choice 12.75® 15.00 Common and medium 8 004/12.75 Cows 8.000 9.50 Common and medium 6.254 j 8.00 Lower cutter and cutter .... 4.504 t 625 Stocker and feeder steers. good and choice 9.0045 11 50 Common and medium 7.00(4 9 00 —Veals— Receipts. 800; market, higher. Medium and choice $15.00017.50 Cull and common 7.504/15.00 -SheepReceipts. 1,200; market, steady. Lambs, pood and choice *12.505/ 13.00 Common and medium 10.504/ 12.50 Ewes, medium to choice .... 10.004/ 11.75 Cull and common 3.504i 5.50

Other Livestock Flu T'nitcft Press CHICAGO. Dec. 4.—Hogs—Receipts, 30.- ! 000; including 10.000 direct; mostly 10®: I 13c louer; slow at the decline: top. $9.35; bulk. 180-300-lb. weights. $9.30470.50, 130-180-lb. weights. $9(49.35; packing sows. $9.25®9.50; butchers, medium to choice 250-350 lbs.. $9(09.55; 200-250 lbs.. *9.l7®> 9.55; 160-200 lbs.. s94# 9.50; 130-160 lbs., $8.60®9.40; packing sows. $8®.8.75; pigs, medium to choice. 90-130 lbs.. $8.25® 9.13. Cattle—Receipts. 14,000; calves, 2,500; steers in excessive supply, especially medium to weighty offerings; undertone weak to unevenly lower; heavy steers promise to show most decline; she stock mostly steady; slaughter classes steers, good and choice. 1 300-1,500 lbs.. $12.50® 14.50; 1,100-1.300 lbs.. *13.50® 15.50; 950-1,100 lhs.. $13416; common and medium. 850 lbs. up. sß®l3; led yearlings, good and choice, 150-950 lbs., sl3® 16.25; heifers, good and choice, 850 lbs down. $12.75®.15.25; common and medium. sß®. 12.75: cows, good and choice. *7.75® 10.25; common and medium. $5 75® 7.75; low cutter and cutter. $4.50(0,6: bulls, good and choice beef. $8.75 <g 10; cutter to medium, $6.75® 9.25; vealers. milk fed. good and choice. $12.50 ®l7; medium. $11®12.50; cull and common, S7®II; Stocker and feeder steers, good and choice, all weights. slo.2sfflil; common and medium, $7.75®,10. Sheep - Receipts. 15,000; market strong to 15c higher; bulk fat lambs. $13(413-75; top. $13.50; fat ewes, $5.7506; feeding lambs steady; lambs, good and choice. 92 lbs. down. $12.75® 13.60; medium. $11,254? 12.75; cull and common. s9so® 11.25. ewes, medium to choice. 150 lbs. down. $4.75® 6.50; cull and common. $2.50® 5: feeder lambs, good and choice. $11.75® 12.75. ft ii I 'nitrd Print TAST BUFFALO. Dec. 4 —Hogs—Receipts 2 300; holdovers. 300; fairly active, weak to 10c lower; bulk, 150-250 lbs.. slo® 10.10; 120-130 lbs., $9.75; 9.90; packing sows, <8.25 •/ 8.75. Cattle- Receipts, 125; steady; medium heifers. $11: good cows, *8.75: cutter grades. s4® 6.50; weighty steers unsold. Calves—Receipts, 150; vealers active, steady with Tuesday s close and 50c over early trade; good to choice $17.50® 18.50. Sheep—Receipts, 1,200; lambs, slow; mostly lower; good to choice, $13.50®14; medium and strong weights, $11.25(812.50; common, slo® 10.50. Bu United Prt*t PITTSBURGH. Pec. .—Hogs—Receipts, 3,000; market steady to 15c lower; 160-250 lbs.. $10®'10.10; 260-325 lbs., $9.75® 9.95; 100-140 lbs., mostly $9.2509.50; sows, $8 ® 8.75. Cattle—Receipts. 25; market, nominal; calves, receipts. 100; market steady; good and choice vealers. sl6® 17.50. Sheep Receipts. 500: market steady to strong: bulk fat lambs. sl3® 14.75; aged wethers, s6'3>7. P,ij Times Special LOUISVILLE. Ky.. Pec. 4.—Hogs—Receipts. 1.300. market 10c lower: 175-300 lbs., $9.46. 300 lbs. up. *8.85; 130-175 lbs.. $8.85, 130 lbs. down, $7.50; roughs. 7 50; stags, $6.90 Cattle—Receipts. 100; market steadv: primr heavy steers, $114112.50; heavy shipping steers. $9.50® 11; medium and plain steers. $7.50419: fat heifers. $7,504( 12: good to choice cows. *6.80®8.50; medium to good cows $5.50 fj 6.50; cutters, 55 25® 5.50; cantiers. $4415; bulls, $5.50 38; feeders. sß® 10.50; stockers, $7410.25. Calves—Receipts, 300; market steady; fancy ca’ves, $14.50; good to choice. $11.50 714: medium to good. $8.50 3 10.50: outs. $6.50 down. Sheep—Receipts. 50: market steady; ewes and wethers. *11.50; buck lambs, *10.50: seconds. $S®7; sheep, $4 0t 5, Tuesday’s shipments: Cattle, 86: calves, none; hogs. 331; sheep, none. Pi/ Faffed Press TOLEDO. Dec. 4. Hogs Receipts. 1.100; market, 10® 15c lower: heavies, $9.35® 9.50: mediums. *9.40® 9.50; yorker.. *8.75®9: pigs. $8 75®9 Cattle—Receipts. 50; market, steady; calves, receipts, light: market, strong Sheep and lambs —Receipts, light; market, steady, Bu United Press CINCINNATI. Dec. 4.—Hogs—Receipts. 4.000; holdovers. 375; market, active; butchers, 180 lbs. up. 10c lower: bulk. $9.75; two loads, $9.83; desirable. 150-170 lbs., steady to 10c lower. $9.40® 9.50; others, steadv; bulk 130-150 lbs., $9.25: 90-120 lbs , pigs, *8 50®.9: bulk sows. sß®: 8 25. ClatUe— Receipts, 800; calves. 450; heavy steers, slow; all classes, light butcher cattle strong; cows, bulls and other cattle fully steady; bulk plain butchers, $10413: few good. sl3 or better; beef cows. s7®9; low cutter and cutter. ss*? 6.25: strong weights. $6.50; bulk bulls. S7&B 75; veals. 50c lower; top. $16.50: bulk above. sl3. Sheep—Receipts, 650; steady; better grades up to *l3; heavies around $11.50 down: throwouts and bucks, s9®; 10; good light ewes up to, $5.50. Bu T ni*-'ll Fees* FT WAYNE. Ind.. Dec. 4.—Cattle—Receipts 75: calves. 75; hogs. 800; sheep. 200; market, steadv to 15c off: 120 lbs. down. ss.so: 130-140 lbs.. $8.75; 140-160 lbs.. $9; 160-325 lbs.. *9.35: 225 lbs. up. $9.45: roughs. sß® 8.35; stags. $5.506 6; calves. $16.30517; lambs. $12513.50. Bu United Press CLEVELAND. Dee. 4.— Hogs — Receipts 9.300; holdovers, none; desirable hogs. 104 15c lower: 160-275 lbs.. $9.7549.85; mostly $9 80: l:ght lights and pigs mostly $9.25-. 9 50: sows. *B6 8.35. and stags. *6.25 steadv. Cattle—Receipts. 500: steady. Improved quality considered; bulk common steers, $9.504511: low snd choice yearlings *15.50: fat cows, fair to steady, *7® 8.50. Calves —Receipts. 450; active, 50c higher: better grades. *18.50® 19: medium. $15®17: little under sl2. Sheep—Receipts, 2.900; strong; lambs, selling upward to *l4: few choice quoted. *14.25: heavies, sl2 down; medium throwouts $10.50611.50; good fat ewes. $5.5086. NEW YORK COFFE RANGE Fish. Low. Close. lanuary 8.43 8.43 8.43 March 8.75 8.33 8.33 May 8.65 8.10 8.10 July 8.45 8.10 8.10 September 8.50 8.10 8.10 December 8.00 8.07 8.6$

Business — and — Finance

NEW YORK. Dec. 4.—A decrease of $2,092,226,099 in Stock Exchange loans during November was reported today by the New York Stock Exchange. The total as of Nov. 30, stood at $4,016,598,769, compared with $6,108,824.868 on Oct. 31. and $8,549,383,979 the record high, established on Sept. 30, 1929. Studebaker Corporation will start production in December on a larger and more powerful Erskine model under SI,OOO in price First showing will take place at the New York automobile show, Jan. 4. President A. R Erskine said, "the size of the new Erskine and quality we arc building into It for less than *I.OOO promises a healthy sale for this model. It will be a supplement to the three Studebaker models—Dictator, Commander and President." DENVER. Col.. Dee. 4.—Directors of the Great Western Sugar Company today declared the regular quarterly dividend of 70 rents a share on the common stock and *1.75 a share on the preferred stock. Both are parable Jan. 2, to stockholders of record Dec. 14. Super Maid Corporation earned net Income of $142,793 after all charges and deductions Including taxes, or 95 cents a share on the 150.600 shares of capita! stock, in the month of October. It was announced today This brings earnings for the ten months ended Oct. 31. 1929. up to $1,005,966 or $6.70 a share on the capital stock. In the corresponding period of last year net income totaled $1 004,556 or $6.69 a share. The Vortex Manufacturing Company today reported earnings after all charges including depreciation and federal taxes of $616,621 for the nine months ended Sept 30. 1929. compared with $550,253 for the entire year ended Dec. 31. 1928. The fiscal year is expected to be changed from the calendar year to the year ended Sept 30. After allowance for nine months regular dividends on the Class A stock, the balance remaining for common stock was $4.53 per share. The financial condition of the company is indicated by cash and current assets of $964,393. compared with $290,204 of current liabilities. Directors of Chicago Corporation declared the regular quarterly dividend of 75 cents a share on convertible preference stock of record, Nov. 15, and announced, in view of recent market conditions, that the portfolio contains at this time comparatively few items and has never exceeded forty in number. S. VV. Straus & Cos. report sales throughout the country for November of $9,123,027, a gain of 13.1 per cent compared with the same month last yesr. Sales for the eleven months of the year were *109,777.106. a loss of 6.9 per cent from the corresponding period of 1928. November sales of the Gardner-Denver Company were well in excess of those for the same month in 1928. This is the estimate made today by E. F. SchP/efer, vice-president. He said also that Canadian sales in 1929 already are more than 20 per cent above the total for that territory last year.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings Wednesday Dec. 4, $3,993,000; debits, $8,234,000. CHICAGO STATEMENT tt t nit "I Press CHICAGO, Dec. 4.—Bank clearings, $124,100,000; balances. $13,900,000. NEW YORK STATEMENT Hn i nited Press NEW YORK. Dec. 4—Bank clearings, *1.567.000.000; rlearlng house balance, $222,000,000; federal reserve bank credit balance, $163,000,000. TREASURY STATEMENT Bn United Press WASHINGTON, Dec. 4—Net balance In the treasury general fund on Dec. 2, was $124,132,542.78; customs receipts for the month to the same date were, $3,162,008.83.

Indianapolis Stocks

—Dec. 4 Bid. Ask. Amer Cent Life Ins Cos 1,000 Belt R R & S Yds Cos com... 59 63 Belt R R & S Yds Cos pfd... 65 59 Central Ind Row Cos pfd 88 93 Circle Theater Cos com 105 Cities Service Cos com 29’a ... Cities Service Cos pfd 90 Citizens Gas Cos com 34 42 Citizens Gas Cos pfd 94'i 9814 Commonwealth loan Cos pfd.. 97 ... Equitable Secur Cos com f>6'a ... Hook Drug Cos common 43 Indiana Hotel Cos Claypol com. 125 Indiana Hotel Cos pfd 100 ... Indpls Gas Cos common 5612 59* 2 Indpls Pow Ae Lt. Cos pfd 100 101 ’a Indpls Pub Welf L Asn c0m.... 61 .. . Indpls St Rlwv Cos pfd 27 301 z Indpls Water Cos pfd 95 ... Interst Pub Serv Cos pr li pfd 98 101 Mere)! Pub Utilities Cos pld 100 Metro Loan Cos 97 North Ind Pub Serv Cos pld. 91>j 100 Northern Ind Serv Cos pfd 7® 99 102 Progress Lndrv Cos com 45 E Rauh <V Sons Fertil Cos pfd 50 Real Silk Hosiery Cos pfd.... SO Stand Oil Cos of Indiana 535* 54 T H Indpls & Sst Tr Cos Pfd.. 8 Ter Haute Tr & Lt. Cos pfd... 80 Union THle Cos com 50 Van Camp Products Cos Ist pfd 98 ... Com Loan Cos pfd 775 9614 ... Bobb's Merrill 31 36 Shareholder* Invest Cos 251* 28*4 Indiana Service Corp 69 —BondsBid. Ask. B K R * Stks Yds Cos 4s. 85 Bd Rip Trac Cos 5s 55 Cent Ind Gas Cos 5s 95 Cent Ind Pow Cos 6s 984 • Citizens Gas Cos 5s 99 ini Citizens Street Railroad 55.. 49 50 Gary Street Ry Ist 5s ........ 70 ... Home T fc T of Ft. Wayne 6s 100 Indiana Hotel Cos 5s 97 Ind Northern Trac Cos 5s 3 Ind Railway & Light Cos 55... 95 ... Indiana Service Corpn 5s 85 indnls Pow A: Light Cos 55... 98 100 Indiana Union Trac Cos 55.... 3 Indpls Col & So Trac 65.... 95 Indpls Gas Cos 5s 98'4 ... Indpls * Martinsville Tr Cos 5s 14 ... Indpls No Trac Cos 5s B'4 134 Indpls Street Rv 4s 45 50 Indpls Trac & Term Cos 5s 90 93'i Indpls Union Ry 5s 984 100 Ir.dpls Water Cos 5'48 '53 100 ... Indpls Water Cos 54s '54 100 Indpls Water Cos lien Ac ref Ist 92 Indpls Water Cos 44s 90 92 Indpls Water Wks Sec Cos 55... 80 Interstate Pub Serv Cos 44s ...lot Interstate Pub Serv Cos 5s 95 Interstate Pub Serv Cos B 645.101 No Ind Teleph Cos 6s 97 994 Ter Ha Indpls Ac Estn Tr Cos 5s 62 Ter Hte Tr Ac Li Cos 5s 86 9t Union Tr of Ind Cos 6s 13 ... No Ind Teleph Cos 64s 95 4 99 4 RAILROADS ORDER CARS Chicago, Milwaukee & St. Paul to Pay §150.000.000. Bui nitrd Press CHICAGO. Dec. 4.—Expenditures of the Chicago. Milwaukee & St. Paul railroad will contribute over $150,000,000 to the business of the country in 1930. according to an announcement by the roads president, H. A. Scandrett, Tuesday. This sume includes the cost of 300 ore cars. 600 flat cars, 700 box cars, I, gondolas and 750 stock cars, orders for the ore cars already have been placed. Also included in the expenditures are the cost of fifteen freight locomotives and fifteen high speed passenger locomotives. The budget for other railway and structure expenditures is expected to amount to approximately $15,000,000, an increase of about $3,000,000 over 1929 Marriage Licenses George D. Horn, 21, of 1035 Lewis, mechanic, and Lulu M. Stallman, 19, of 139 East Pratt, clerk. Edmund Squires. 18. of 1202 Vandeman. clerk, and Eloise Steele. 16. of 3535 Prospect. Ham- F, Ohm. 35. of Sullivan, engineer, and Minnie L. Small. 35. of 225 Sanders, clerk. Russell J. Eden. 24. of 513 East St. Clair, machinist, and Julia K. Woodard, 18. cf 2714 Bioyd. stenographer. Chester C. Houseman. 26, of 2522 Central. bookkeeper, and Gertrude J. Crane, 30. of 531 North Noble, clerk. William B. Gray. $7. of Chicago, manufacturer. and Albert* Uebex, 30. address sot given.

PROFIT-TAKING FORGES STOCK MARKETLOWER Tickers Fall 15 Minutes Behind in Heavy Selling.

Average Stock Prices

Average of twenty Industrials for Tuesday was 249.61, up 7.91. Average of twenty rails was 146.81, up 2.20. Average of forty bonds was 94.39, up .26. Bu United Press NEW YORK, Dec. 4.—The stock market advanced irregularly today. Opening firmer, profit taking sent many issues below the previaus close, but buying was still much better than selling and business was heavy enough to cause tickers to lag fifteen minutes. They caught up around noon and the market at that time was holding firm. United States Steel was forced to around 166 from its opening of 167, but in the early afternoon it was rallying, lending further cpnfidence to the bull forces whose best piece of news was a decrease of more than $2,000,000,000 in brokerage loans. Issues Improve Movements generally were narrow. Special issues and speculative railroad shares made the best showing. Auburn Auto ran up more than 6 points after its sharp rise of 24 points Tuesday, Incidentally, Auburn was the only motor stock to show signs of advance. General Motors was holding around the previous close. Radio Corporation, Baldwin. Montgomery Ward, Johns-Manville and United States Industrial Alcohol were active favorites in the industrial category. General Electric rose in early trading, but in the early afternoon had returned to the previous close. Missouri Pacific featured the rails with a rise of 3 points in active turnover. Gulf, Mobile & Northern was also active, rising more than 4 points. Wabash gained 2 points. Pennsylvania advanced fractionally, indicating the selling in that issue had run its course. U. S. Steel Strengthens American Telephone held around the previous close while losses ranging to 2 points were noted in J. I. Case, Westinghouse, Anaconda and American Can. United States Steel forged ahead rapidly in the early part of the third hour and the whole market strength - ened. Greater demand for stocks together with other money drain caused call money to turn firmer in tone. The official rate held at 4’/2 per cent, but there were no concessions from this figure in the outside market.

. The City in Brief

The school building committee of the Indianapolis Engineering Society will report Dec. 19, it was' announced at a meeting of board of directors in the Spink-Arms hotel Tuesday night. All Souls Unitarian church will hold its biennial two-day bazar at the church Friday and Saturday, with a turkey dinner each night as a feature. Dr. James H. Peeling of Teachers’ college, will address the international relations study group of the Indianapolis branch, American Association of University Women at the Y. W. C. A. Thursday morning on “Pan-American Arbitration and Conciliation.’’ Donald Jameson of Indianapolis was elected president, and Paul Jones of Marion was named secre-tary-treasurer of the Hoosier Association of Finance Companies, closing the annual convention Tuesday. C. W. Bowman of Winchester was named vice-president. William B. Schiltges. vice-presi-dent of the Fletcher Savings and Trust Company, spoke before the Retail Coal Club in the monthly meeting at Spink-Arms hotel Tuesday night, detailing the need for accounting systems. Women at the county infirmary wjll be guests of Chapter 20, National Association Retail Druggists, at a Christmas party Friday. Music, readings and dances will be on the program. Dr. L. A. Platts, Chicago, will speak on “The Use of the UltraViolet Ray; Its Application and History.” at the monthly dinner of the Indianapolis Dental Society in the Lincoln Monday night. W. H. Knowles, vice-president of P. R. Mallory & Cos.. 3029 East Washington street, today announced appointment of Robert E. Guild, for fifteen years auditor of the Citizens Gas Company, as controller of the Mallory firm. Autopsy was to be performed today on Mrs. Susie Howard, 50, Negro, 2345 Schofield avenue, who dropped dead on Fortry-third street near Pennsylvania street Tuesday night. The McCrea chapter. Westminster Guild, will pay farewell honors to one of its members, Mrs. Rose Montgomery, at her home, 4163 Broadway, tonight. Mrs. Mildred Lo Rash, guild president, has announced that transportation to the meeting will be furnished members upon request. Professor W. F. Bacon, Butler university, will address the Bible Investigation Club at the Y. M. C. A. at 6:20 p. m. on “What Place Does Biblical History Play in Our Understanding of the Scriptures?” Building Permits L Newport, reroollng. 328 North Euclid. SI,OOO. Silly Frocks, remodeling. 34 West Washington. $4,000. Standard Grocery Oompanv, repairing, X 769 How *rd. S2OO. E. Hicks addition, 1915 Miller, S4OO. Midwest Rubber Product* Company, room. Nineteenth and MaxUndale, $250.

THE INDIANAPOLIS TIMES

New York Stocks <Bv Thomson & McKinnoni

—Dec. 4 Prev. Railroads— High Low. 12:00. close. Atchison 2261a 225 226% 223% Atl Coast Line.. 180 180 180 Bait & 0hi0.... 118 1 2 1173* 118% 118*4 Canadian Pac . 199 199 199 198 V, Chesa tc Ohio.. 201 200 200 200 Chesa Corp 60% 60% 60' a 59% Ealdwin 33% 30 31'* 29% Chi & N West.. 90 88’, 90 88% Chi Grt West.. 12 11% 11?* 104, CRI&P ll6Vs Del & Hudson..l7s 174% 175 171 V, Del & Lacka 149% 147’a 149=i 148>> Erie 604* 57 Vi 60 564* Erie Ist pfd 64V, 64*4 64'i 64% Grt Nor 100% 994, 99% 99}, Gulf Mob & Oil 39 354* 38’a 35 111 Central 132 Lehigh Valiev .. 82 1 * 80’* 82'* 78% Kan City South 82 82 82 82 Lou & Nash ... ... 132 Minn S L 2!* 2% 2*4 2 M K & T 44 43% 43?* 4341 Mo Pac pfd 130% 129’s 130% 128 N Y Centra! ...175% 174 175% 174?* N Y C & St L 126 NY NH & H 115% 114*3 115 115 Nor Pacific 91V* Norfolk & West. 232 230*1 232 228*2 O & W 1541 15 1541 15 Pennsylvania .. 79% 79'* 794* 79*4 P & W Va 94 94 94 93 Reading 119 V, Seab'd Air L 10% 10*4 10% 10*2 Southern Rv 137*, 137% 137% 135’,2 Southern Pac ..121 121 121 120 St Paul 24 3 s 23’, 23 >1 24 St Paul pfd - 4 43 : 8 43*4 44 St L & S W $4 64 64 644, St L & S F 110% Union Pacific ..226', 226*1 226'1 223*2 West Maryland.. 29', 28*, 29’, 28 W’abash 51 50 50 49 West Pac 21% 21% 21% 21*, Rubbers— Ajax 2% 2' * 2** 2V, Fisk 4 4 4 4'/* Goodrich 46 45% 46 46 Goodyear 69 67 68% 67% Kelly-Spgfld 4% 4',* 4'/* 4 Lee 7 United States .. 27% 27’* 274* 27% Equipments— Am Car & Fdy.. 87% 87% 874* 88*1 Am Locomotive 107 108% 109 109 Am Steel Fd 48% 47% 47% 47% Am Airbrake Sh 48** 484s 48% 48% Man Elec Sup.. 21 21 21 General Elec ..232*, 229 229 231 Gen Rv Signal.. 92 91 92 93 Gen Am Tank.. 98 96*1 97 95% N Y Airbrake .. 43'4 Pressed Stl Car.. 11% 11 11 11U Pullman 83% 81% 83% 80% Westingh Air B 48% 48 48 48% Westingh Elec ..144 14141 142 143 Steels— Am Roll Mills.. 88% 86>1 88% 85 Bethlehem 92% 914a 92 s , 92** Colorado Fuel .. 34% 34% 34', 34 Crucible 80?* 80% 807* 80’/* Gulf States Stl.. .. ... 46 Inland Steel 73 Otis 33% 33 33% 33 Rep Iron & Stl.. 754, 7541 75 s , 7541 Ludlum 43*, 3341 34% 33 Newton 48 48 46 U S Steel 167 166 166 166% Allow 3444 3441 34=1 33% Warren Fdy 24% 04% 24% 2i% Youngstwn Stl .105 105 105 103 Vanadium Corp. 53% 53 53*4 a3*B Motors— Am Bosch Mag 34 32% 33 32% Briggs 15% 14*8 15 144* Brockway Mot 198 Chrysler Corp... 33 41 32% 32% 3344 Eaton Axle .... 304* 29% 38% 29% Graham Paige.. 8% 3% 8% B*2 Borg Warner 33% 33% 33% 32% Gabriel Snubbrs 7 7 7 6% General Motors.. 40% 39% 4040% Elec Stor Bat.. 824', 80% 80% 75 Hudson 49% 484, 49 484, Hayes Bod Corp 10 10 10 10% Hupp 20% 20 20 20 Auburn 149 175 177 174 Mack Trucks.... 744* 72% 7241 73*1 Marmon 27% 264, 264, 26% Reo 11% 11% 11% H% Gardner 4% 4% 4% 4 Motor Wheel.... 24% 27 27 27 Nash 53 52% 52% 52% Packard 15 144, 147s 15 Peerless 7 7 7 7*2 Pierce Arrow.... 19% 19% 19*2 ... Studebaker Cor.. 43% 42'/* 42% 43% Stew Warner 47% 41-% 41% 42% Timken Bear.... 75 76% 55 75 Willys-Overland. 10% 10% 10% 10% Yellow Coach... 12 11’,a 11% 11% White Motor 33% 33 33% 33 Mining— Am Smelt & Rfg 75 73=4 7o 73% Am Metals 474'* 46 47% 45% Am Zinc 104* 10% 10% 10% Anaconda Cop. . . 80% 79’,a 79% 80*4 Calumet & Ariz 94*4 94 94% 94 Calumet & Hecla 34% 344* 34% 34 Cerro de Pasco 66% 65 60 644, Dome Mines.... 7 7 7 7% Andes 36 357-8 36 _ 36% Granby Corp.... 53% 53% 58% 57 Greene Can Cop 118 118 118 ... Gt Nor Ore 24=4 24% 24% 24% Inspiration Cop. 31% 31% 31% 31% Howe Sound 38% 37% 38% 37% Int Nickel 31% 30% 31 30% Kennecott Cop.. 61 % 60% 60?* 60% Maszma Cop 50 49 \ 50 47 V* Miami Copper... 29% 29% 29% 28% Nev Cons 32% 32% 32% 30,, Texas Gul Sul.. 58% 58% 58 s * 59 St Joe 50% 50’* 504, 50 U S Smelt 78% 78% 38% 39% Atlantic Rfg 42% 414* 41’/* 41*i Barnsdall (A). 26*4 26 26 26 Freeport-Texas ... . 36% Houston Oil 53% 52V, 53% 51% Indp Oil & Gas. 25% 25 25 25'/* Conti Oil 27% 27% 27% 27 Mid-Cont Petrol 28% 28% 28%. 28% Lago Oil * Tr.. 21% 21% 21% 21% Pan-Am Pet. B. 60% 60% 60% 60 Phillips Petrol .38 37*4 37% 37?s Prairie Oil 55% 55% 55% ... Union of Cal ... 45% 45'/* 40% 45 Prairie Pipe 9 Pure Oil 24% 24 24% 23% Royal Dutch ... 534, 53% 53% 53% Richfield 2944 2 9 2944 29 Shell 24 24 24 24 Simms Petrol .. 26% 24% 26% 24 Sinclair Oil .... 27% 27% 27% 27% Skelly Oil 33% 33% 33% 334* Std Oil Cal 63% 63% 63% 63 Std Oil N J 65*4 65 65% 65 Std Oil N Y 35 34?* 34?'* 35 Tidewater 13 13 13 13% Texas Corp 5744 57% 57% 5/% Texas C&O .. 11% 11% 11% 11*2 Transcontl 9% 9 9% 9 Industrials— Adv Rumley 13 Allis Chalmers . 49% 48% 49 49% Allied Chemical.2ss% 255% 255% 252 A M Byers 74% 73% 74% 73% Armour A 6% 6% 6*4 6% Amer Can 119?* 119 119 1184* Am Rolling Mill 85 Alleghane.v Corp .. 24 Am Safety Raz. 594s 59 59 58% Am lee 36*4 36% 36% 36*4 Am Wool 9 9 9 ... Assd Dry Goods 35=4 35% 35% 35 Bon Alum 474, 46 46 43% Coca Cola 128% 128% 128*4 127?* Conti Can 544* 54% 54% 54 Certainteed .... 137* 13?* 13% 13% Croslev 23 23 23 207* Congoleum 14 134* 13% 13% Curtiss W 8% , 8 8 8% Davidson Chem. 30*4 304* 30% 30% Dupont 115*, 113% 113% 113% Famous Players 51% Gen Asphalt ... 54% 53% 53% 52% Fox A 54% 52V, 52% 53*4 Gold Dust 42% 42% 42% 42% Glidden 36% 36=8 36% 36% Int Harvester .. 84% 83% 83% 84 Kelvinator 94* 9** 94* 9*4 Lambert 1034, 101% 1034, 101*, Link Belt 6 Loews 47% 47% 47% 46% May Stores 60 % Kolster 5% 54* 5% 5% Montgom Ward. 61% 594* 60% 59V, Natl C R 82 81% 81% 814* Radio Keith ... 17% 17% 17=1 17% Owens Bottle .. 54% 54% 54%4 ...

Produce Markets

Eggs (County Run —Loss off delivered in Indianapolis, 46c: hencry quality, No. 1,54 c; No. 2, 32®44c. Poultry (Buying Pricesi—Hens weighing 4'i lbs. or over, 23c; under 4Vi lbs., 20c; Leghorn hens, 17: springers, 5 lbs. or over, 21c: under 5 lbs., 18c; Leghorn, spring. 15c; stags, 15c; cocks. 12® 14c; turkeys, young hens, lat. 22c; young toms, lat, 22c; old hens. fat. 16c: old toms fat, 15c; ducks, full feathered, white, fat. 13c; geese, full leathered, fat. 12c. These price are for No. 1 top qualitp, poultry quoted by Kingan <fc Cos. Butter (wholesolet—No. 1. 44645 c; No. 2 426 43c. Butterfat—4oc. Cheese (wholesale selling rice per pound) —American loaf 55c; pimento loaf. 37c; Wisconsin firsts, 27c; Longhorn, 27c; New York limberger. 30c. Bit T'nited Prrst CHICAGO. Dec. 4.—Eggs—Market, firm; receipts. 1.272 cases: extra firsts. 51®53c; firsts, 48©49c; ordinaries. 37539 c; seconds, 28635 c Butter—Market, steady; receipts. 4,846 tubs; extras, 42c; extra firsts. 406 41c; firsts. 37®38 ! 2C; seconds, 35 ®3s'ic; standards. 333 c.9 3 c. Poultry—Market. weaker: receipts, 6 cars; fowls. 24c; springers. 21c. Cheese—Twins. 21 ‘-2®22c; Young Americas. 24c. Potatoes—On track 310: arrivals. 68; shipments, 615; market: dull: Wisconsin sacked Round Whites. *2.25®2.50: Minnesota and North Dakota sacked Round Whites. $2.2022.30; Minnesota and No-th Dakota Red River Oh os. $2,251/2.40: Idaho sacked Russets. $2.6563 R " T'vifrd hrrsj NEW YORK. Dec. 4.—Flour—Quiet and higher; spring patents. $6.756 7.15. rocksteady; mess, $28.50. Lard—Firmer: middle west spot $11.25611.35. Tallow—Steady, special to extra, v 7 7 c. Potatoes—steady and quiet; Long Island. $4.75® 6.25; Maine, $3.85®5; Bermuda, $6611. Sweet potatoes—Steady; southern baskets. 90c6 $1.40: Jersey, baskets, 60c652. Dressed poultry—Steady to firm; turkeys. 21640 c; chickens, 24636 c; capons, 27545 c; fowls, 206 34c: ducks, 18527 c; ducks. Long Island, 22® 25c. Live poultry—Steady to firm: geese, 146 28c: ducks, 156,28 c: fowls, 22 6 35c: turkevs. 28c: roosters. 206 22c: chickens. 20® 26c: broilers. 285 35c. Cheese —Steady; state yhole milk, fancy to special, 26 6 26Vic; young America, 23625 c. R., Pr,| CLEVELAND. Dec. 4.—Butter—Extras. i 6c extra firsts. 446 45c: seconds. 35® 36c. Eggs—Extras. 56c: firsts, 47c. Poultry— Heavy fowls. 26 b 28c: medium, 20® 22c: springers. 25c: Leghorns. 15® 18c: Leghorn springers, 20c: ducks. 20®22c. Potatoes— Ohio and New York, $3.856 3.90 per 150-lb. sack; Maine Green Mountain, 54.35 64H0 per 150-lb. sack; Idaho Fusset. S4S 4.25 per 100-lb. sack; borne grown, 81.6C51.63 per bushel sack.

Radio Corp .... 39% 39% 39% 38 Real Silk 04% 53% j>4% 53 * Rem Rand 30 29 30 j|9 , Sears Roebuck .105 102% *25.. 2 Union Carbide.. 83% 82% 83 * 83 Warner 8i05... 42% 414* 42 42 Un Air Craft... 43U 41 41 42*, Univ Pipe 4% 4 4 * VSCs Ir Pipe 20% 20 .l®; 4 U S Indus Alco 152% 158% 150% 147 * Worthington Pu 77% 77 U'* i7-s Woolworth Cos.. 79% 78% 76 79 U S Leather 10 s * 107* 10% 10 Am I ™"dT Tel 2284, 227. 228 227 Am Pr & Lt.. 8/ os:s §7 * Eng Pub Ser.... 42. 41 42 40 Am For Power.. 82 ■* 81% 82 , 80* Am Wat Wks... 93*, 91% 9?., 90 Gen Pub Serv... 35% 35is 35 * 35 , Col G & E... 777$ 76-, 77', 76', Consol Gas ....102% 102 102 , 102 Elec Pow & Lt.. 44% 43% 44 44 Tnt T Ar T . 75 74 , 744* 75 Nor Am co:::::. 97 g_ b\ ?■?% Fac Light 16% 76-, <6- , % Puo Serv N J... C 2% 81% 8- 8* So Cal Edison.. oB' 57 58 % 5/ , Std Gas & E1..130% 127 129 , 12% United Corp .. 32% 32* 3* * 32* Utilities Power . 34 33 , 34 32 * United G & Imp 30% 30% 30% 31 West Union Tel 203 198% 203 19/ , Am hi lnU n Corp... 41% 40% 41% 40% Atl Gulf &W I 79=8 75% 79% /o% Inti Mer M pfd 26% 26% 26% 28 United Fruit ...112 1114, 112 111 , Am Sug Rfg.... 62% 62 62% 62% Cudhay Pkg.... 45% 45% 45% 45,a Beechnut Pkg • ■ ••• ®4 California Pkg 69% 69% 697* 69 2 Canada Dry.... 69% 67% 68% 67 Corn Products.. 93% 92% 22% 92 , Cont Bak A.— 45 43 45 42 ( Cuban Am Sug.. 74* 7V /, ' < Hershey 72 72 72 70 C-rand Union... 14 13% 14 13* Grand Union pfd 35 35 35 J 4 Jewel Tea 47 47 47 46% Kraft Cheese 37% 36% 36% 37 Kroeer 53 53 ,2 53 7 r s* Loose-Wiles ... 56t 54 55 J. 56}* Natl Biscuit ....191% 191% 190% 190 Natl Dairy 52% 52% a2% 5 Gen Foods 50% 50% 50% 49-, Taft 44, 4% 444 4% Stand Brads... 277* 27% 2774 27% Ward Baking B 6 Tobaccos — a£ Tob m ß a .'..'.V.2i2%* 210 212;, f Generaf‘cigar.’.’ 55** g* / f L.lg & Meyers 97% 96 97’* 97 Lorillard 19 18% 19 18% R J Reynolds... 50% 49% 50% 48% Tob Products B 4% 4% 4% 4 , United Cigar St 5% 5% 5% 5s Schulte Ret Strs 8% BV* 8% ° 1

HAWKEYE WINS LIVESTOCK PRIZE lowa Soy Shows Champion Steer in Chicago. BY MERTON T. AKERS United Press Staff Correspondent CHICAGO, Dec. 4.—The highest mark of dis'inction a livestock man can gain, tae grand championship steer award of the international livestock exposition, Tuesday was pinned on the overalls of Elliott Brown, 20, Rose Hill, la. Elliott’s pet steer. Lucky Strike, a black, marcelled cross bred Aber-den-Angus, was awarded the decision by Walter Biggar. Dalbeattie, Scottish judge who is short on words and long on livestock judging. . Waldo Mommsen, sun-tanned, Miles (la.) farm boy, was the reserve champion winner with his docile and combed Mike, with which he won the junior feeding contest for baby beeves. Biggar judged the two steers amid a fanfare of ragtime music from the band in the gallery, which so fussed Lucky Strike that he forsook his usual docility and jumped and pranked to the syncopated tune. It Elliott could do to hold the s< , which a few minutes before was as quiet as a milk cow.

On Commission Row

FRUITS Apples—Delicious, box extra fancy, *4; fancy. $3.15, choice. [email protected]: 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: Staymen Box. *2.50. Cranberries—s 4 a 25-lb. box; $8.25 a 50-lb. box. Grapefruit—Florida, $6,505/7. Grapes—California, seedless. *3.50 a crate: Emperor, $2.75@3. Lemons —California, a crate. $13.50@14. Limes—Jdmacia [email protected]. . Oranges—California Valencia, [email protected]. VEGETABLES Beans—Florida $4.75®5 a hamper. Beets—Home-grown, doz. 40c Carrots—California, crate, $3.50. Cabbage—s3.so a barrel. Celery—Michigan. 90c: Idaho, *1.25 a dozen bunches. Cauliflower—Colorado, crate, $3. Cucumbers—Florida. $7.50 a crate. Eggplant—s2.so a dozen: *6 a hamper. Kale —Spring, a bushel *l-36. Lettuce—California Iceberg. $6.50 a crate: home-erown leaf a bushel, $1.35. Mustard—A bushel. *l. Onions—lndiana vellow 52.25 a 100-lb. bag: white. 50-lb. bag. $1.75. Parsley—Home-erown. doz. bunches. 45c. Peas—California, $8 a hamper. Peppers—Florida. $9 a crate. Potatoes—Wisconsin and Minnesota white, [email protected] a 160-lb. bag; Rea River Ohios 120 lbs.. *4; Idaho Russets. $4. Radishes—Button, hothouse dozen 90c: Southern lone red. 15®25c dozen. Sweet, potatoes—lndiana Jersey. $2.75 a bushel. No. 2, $1.65 a bushel: Nancy Halls, $2 a hamper. Tomatoes—California. $3 a bag: hothouse. [email protected] a 8-lb. basket. Bn United Press CHICAGO. Dec. 4.—Apples, per barrel, $509.

Births Girl* Earl and Margaret Jolly, St. Vincent's hospital. Frank and Mary Zierz. St. Vincent’s hospital. - Morris and Grace Abravaya, 1102 South Senate. Clarence and Julia Blrk, 2124 Prospect. Dee and Ida Smith. 547 South Harding. Harry and Edna Wilkerson, 35 Karcher. Paul and Elizabeth Dean, 1734 South Talbot. George and Beulah Lawson 639 North Luett. Robert and Justin Carpenter. 5124 Sheldon. Layman and Irene McAninch, Methodist hospital. John and Martha Stewart, Methodist hospital. Boys George and Ruth Kirkhoff, St. Vincent's hospital. Jump sand Louise Stutnnh. 2035 Hobart. Thomas and Elizabeth Norton, 409 North Tempi.', Donald and Ardath Payne, Methodist hospital. imes and Edith Jay. Methodist hospital. Horace and Eleanor Jones, Methodist hospital. Clyde and Opal Hammond, 1964 Tailman. Deaths Anna Hill 60. 420 West Fortieth, lobar pneumonia. Charles R. Roberts, 62. 827 East Morris, pulmonary abscess. •lames N. Christy, 49. St. Vincent’s hospß*l. hvnerthyroioism. Bernard H. Ruhlman. 66. 1626 South Talbot, chronic interstitial nephritis. Otto Staehle. 63 4341 Guilford, acute cardiac dilatation. Cvrus Bowen. 51. Central Indianapolis hospital, general paralysis. Albert Smith. 58. 432 West Vermont, acute cardiac dilatation. Robert I. Senders. 46. Citizens Gas Company, cerebral hemorrhage. Charles Andrew Brown 1. 2149 Boulevard place, lobar pneumonia.

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GRAIN PRICES OPEN STRONG IN TRADE BOARD World Wheat Situation Is Bullish; Traders Buy Only on Setbacks. Bii United Press CHICAGO. Dec. 4.—Wheat opened strong on the Board of Trade today as a result of gains at Liverpool and Buenos Aires., although Buenos Aires had a slight reaction from the top figures. Another heat wave in South America brought reports of further deterioration in Argentine grain fields. Corn and oats advanced fractionally with wheat. At the opening wheat was unchanged to 1 cent higher, corn was unchanged to cent higher and oats was % cent to cent higher. Provisions opened steady. Although the world wheat situation is growing more bullish, most traders are buying only on the setbacks. Prices had advanced so rapidly that fears of a reaction make the bulls more cautious. Both liverpool and Buenos Aires were higher than expected this morning. Liverpool was 1% to 2*B cents higher about noon and Buenos Aires opened % cent higher. There is more of a sentiment for buying corn owing to the strength of wheat and the delay in December deliveries. Traders are adverse to taking a long position in view of the long expected heavy movement to market, which still has not set in. Trade in oats remains quiet with cash interests taking December as it is delivered and selling May. Strength in wheat and corn enables it to hold its position. Chicago Grain Table —Dec. 4 WHEAT— Prev. Open High. Low. 12:00 close. Dec.. 1.31*4 1.31*4 1.29% 1.29% 1.30% Mar.. 139 1.39 1,36% 1.37% 1.38 May.. 1.42=4 1.42% 1.40% 1.40% 1.41% July.. 1.43 1.43 1.40% 1.41*2 1.42** CORN— Dec.. .92 .92 .91 .91% .914* Mar.. .97% .97% .96% .96% .97 May.. .99=* .99% .98% .98% .987* July.. 1.01 1.01 I.OOV* 1.00 V, 1.007* OATS— Dec.. .48% .48% .47% .48 .47% Mar.. .51% .51% .50=% .50% .51% May.. .52=4 .52=, .52 .52% .52% July.. .517, .51*4 .507* .50% .51% Dec Mar.. 1.10’,, 1.10% 1.09=4 1.09=4 1.10% May.. 1.09=, 1.10 1,08% 1.09% 1.10 LARD— Dec. 10.65 10.65 10.62 10.62 10.65 Jan. 11.00 11.00 10.97 10.97 10.97 Mar. 11.15 11.15 11.15 11.15 11.22 May. 11.40 11.40 11.37 11.37 11.40 B// Times Knerinl, CHICAGO. Dec. 4.—Carlots: Wheat, 5; corn, 126: oats 10; rye. 5.

Local Wagon Wheat

City grain elevators arc paving $1.25 for No. 2 red wheat and $1.20 for No. 2 hard wheat. DEVELOP NEW LIGHT Arc Is Twelve Times as Powerful as Natural Sunshine. Bn United Press NEW YORK, Dec. 4.—A new type of arc light is twelve times as powerful as natural sunshine in the prevention and cure of rickets, according to experiments completed .today by Dr. Walter H. Eddy of Columbia university. White rats were used in the experiments with the new lamp. Carbon sticks Impregnated with various metals are the source of the new light, which was developed in the laboratories of the National Carbon Company of Cleveland. Membership at §375,000 B it United Press NEW YORK. Dec. 4.—Arrangements have been made for the sale of a New York Stock Exchange membership at $375,000, it was announced here today. This was an increase of $15,000 over the previous sale of $360,000.

/ 4NWL’ COKE KEEPS x 4 h °°“ li . CLEAN! few %J Dealer % *yj There is no smoke or soot to f , Ijfej/T JI I soil your walls when you burn K/"- / / coke. Housekeeping is easier. / <'#/// Clothes hanging in closets need J 'BSeST/// no s P ec * a l protection bags. V Jl&te//// Your upholstered furniture I Mag/. / stays clean and bright. And J I |P|l / / what a difference you will lH*y/// notice in the children’s laundry * kW ! requirements! With these deVwWiWl sirable advantages, why not y ISB/// try coke for a month? Just a f 111 month’s trial will make you an , /// enthusiastic user the rest of i the winter.

In the Stock Market

ißy Thomson & McKinnon) NEW YORK, Dec. 4.—The President's message contained so many constructive suggestions for the maintenance of the purchasing power of the consuming public, has apparently met with whole hearted approval, and pessimism, even in those industries which were singled out to be the chief sufferers, seems to be rapidly disappearing. The recommendations made are so logical and have such excellent chances of materailizing that it is difficult to single out the one that might be rogarded as the most important, but to us the consolidation program, involving the railroads, offers from a market standpoint possibilities that should be embraced in full measure. There are many bargains in the better grade of rails and from an investors standpoint, they are most attractive. While it is probable that the general recovery in stock values may have been a little too rapid, such technical reactions as may develop give promise of being of only moderate proportions. The market, particularly in the better class of issues, appears to us to have a sound cushion in the form of resting orders which should insure stability.

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PAGE 19

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