Indianapolis Times, Volume 42, Number 135, Indianapolis, Marion County, 15 October 1930 — Page 12

PAGE 12

SWINE MARKET SNOWS STRONG TONE AT PENS r Dull Trade Is Featured in Cattle Classes; Sheep ? Unchanged. Oct Bulk Earlv Too Receipts * *lO 10% 10 50 *lO 50 5.000 8. 10 lO® 10.50 10.50 6.500 16 8 90% 19 30 10 30 6.000 11 9.75 10.15 10.15 2.000 13 9 05%: 10.05 0 05 5.W0 1 9 65*010 05 10 1-5 *• 15 9 80'510.20 10 25 6.500 Hogs showed definite signs of a !>trong undertone this morning at the Union stockyards, prices for the most part up 5 to 15 cents from Tuesday's average. The bulk, 140 to 300 pounds, sold for $9.80 to $10.20. An early top was made with several small lots selling at $10.25. Receipts were estimated at 6,500; holdovers were 127. In the cattle market, heifers were dull with other classes mostly steady. Receipts were 1.200. Vealers were steady, selling at $12.50 down. Calf receipts were 500. Little change was noted in sheep, good and choice lambs making the market at $6 to $7.50. Receipts were 900. * Chicago hog receipts were 15,000. including 1,000 direct. Holdovers were. 3,000. The market was fairly active, opening 10 to 15 cents higher than Tuesday’s average. A few loads of choice 190 to 210-pound weights sold at 59.90 to $10; 230 to 260pound averages brought $lO to $lO 10. Cattle receipts were 10.000, calves 2,500, the market steady. Sheep 18.000. steady. HOGS Receipt*. 0.500; market. higher. —Light Lights—-(l4o-1601 Good and choice $ 9.80 —Light Wcißhts—-(l6O-1801 Good and choice , (160-2001 Good and choice..., 9.90% 10.00 —Medium Wcizhts — (200-2201 Good and choice 10.10 (220-2501 Good and choice. .. 10.10%10.25 Heavy Wcizhts — (250-2901 Good and choice.... 10.20 1290-3501 Good and choice ... 9.70%10.20 —Packinz Sows—-(27s-5001 Medium and e00d... • 25% 8.(5 (100-1301 Good and choice 8.90® 9.40 CATTLE (Slaughter Class) Receipts. 1,'iOO; market, steady. —Steers— Good and choice® 00 . 1 ' sl ®ooffllo‘So Common and medium ... 6.ouiio.ju Good and choice nnf in'2s Medium 7.00 a 10.25 —Heifers — ' (500-850) Good and choice 5 ?•!??*? 1 2*|2 Common and medium' £.at% 9.0 u Gcod and choice S.aOW 7.50 Common and medium 4.00% 5.50 Low cutters and cutters...... 2.50® -4.00 —Bulls (vearllnzs excluded) Good and choice beef “■92?: f-ii Butler, common and medium.. 3.50a, 5.00 CALVES AND VEALERS Receipts. .700; market, steady. Good and choice Sl asotilio Cull and common 5 „o% o -u —Calves—-(2so-300) Good and choice 5n04 1 7 50 Common and medium 5.00 a (.ou STOCKER AND FEEDER STEERS (500-600) Good and choice S 6 00 j 8.00 Common and medium 4.00® 6.00 1800-1.050) . „„ Good and choice ®-S9@ 2*S2 Common and medium 4.25%! 6.00 SHEEP AND LAMBS Receipts. 900; market, steadv. Good and choice $ S'nnr!', I oo Common and medium 3.00% 6.0 u —Ewes— Medium and choice ?nn?! I'an a Cull and common 1 008 z Other Livestock Pu Inited Press CHICAGO, Oct. 15: Hogs—Receipts. 15,000. including 1.000; active. 10'nloc higher than Tuesdays average; packing sows, 15%25c higher; top, $10.10; bulk. 180-280-lb. weights. $9.85% 10; pigs. $915% 9.35; packing sows. $8.35% 9; smooth sorts to $9.50: light lights. 140-160 lbs., good and choice. *9.40% 9.80: light weights. 160200 lbs., good and choice. 59.60%10, medium weights. 200-250 lbs., good and choice, $9.85% 10.10: heavy weights, 250-350 lbs good and choice. $9.65%,10.10; packing sow's, 275-300 lbs., medium and good, *8.25% 9.50; slaughter pigs. 100-130 lbs., good and choice. $8.85% 9.50. Cattle—Receipts, 10,000; calves. 2.500; largely a steer run with weighty offerings predominating; trade weak to 25c lower on heavies: about steady on yearlings; best weighty steers early $12.25; some held around $12.50; best yearlings held around 513: other classes mostly steady; vealers, however, were unevenly lower: steers. 600-900 lbs., good and choice. $10.75% 13.35; 900-1100 lbs., good and choice. $10.25%' 13.35; 1100-1300 lbs., good and choice, *9 75% 12.50: 800-1300 lbs., and choice. *9 75% 12.50: 1300-15006 lbs., good and choice. $9.50% 12.25; 800-1300 lbs., common and medium. . .6.25% 10.25: heifers, 550-850 lbs., good and choice. $lO% 12.75; common and medium, $5.50% 10; cows, good and choice. $5.25% 8; common and medium, $4% 5.50; low cutter and cutter, $3.25% 4.25; bulls, yearlings excluded, good and choice beef. $5 75% 6 75; cutter to medium, 54%6; vealers milk fed. good and choice. slo%} 12; medium. SB% 10: cull and common, $6,508; stocker and feeder cattle: steers, 500-1050 lbs . good and choice. $7.25% 9; common and medium. $5.25% 7.25. Sheep— Receipts, 10,000; market, mostly steady; range lambs, unsold. Bu Timm Special _ LOUISVILLE. Oct. 15.—Hogs—Receipts. 500: market. 15c higher; 300 lbs. up. $9.40; 200-300 lbs.. $10.15: 175-200 lbs., $9.65: 130175 lbs.. $8 60: 130 lbs. down. 56.90: roughs. $7 45: stags. $6.45. Cattle—Receipts, 200: market, steady; prime heavy steers. SB% 9.50: heavy shipping steers. $6.50% 8; medium and plain steers. *5% 6.50: fat heifers. $5.50% 9.50; good to choice cows. s4® 5.50: medium to good cows. $3.25% 4: cutters. $3% 3.25: canners. $2% 2.75; bulls, S3 " 5: feeders. $6 a 7.25: Stockers. $4% 6.25 Calves--Receipts. 300; market, steady: good to choice. SB% 10.50; medium. $6%7.50. common to medium. $3% 6. Sheep—Receipts. 200; market, steady; ewes and wether lambs. $7; buck lambs- $6: seconds, $4 % 4.35: clipped sheep. $2.50% 3.50. Tuesday's shipments—Cattie. 167; calves. 205; hogs. 327: sheep. 109. * CINCINNATI*' 0.. Oct. 15.—Hogs—Receipts, 3.500: including 1.710 direct; heldover 300: active, mostly 15c higher on hozs 200 tbs up. lighter weights unevenly steady to 15c or more higher, bulk better grade. 200-260 lbs.. *10.40: 160-180 lbs. unde; weights. $9.75'. 10: ! b 5",L ar K7 lv $9.50; sows, steadv to strong, bulk SB. lew smooth light "eights. *8.25. CattleReceipts. 250: caives. 200: slow, generally few lower crade steers and heifers. $5127.50: more desirable light weights. •gi'fi'9' one small lot of y• arlinKS. $10.50. most beef cows. 5.50: bulk low cutters snd cutters. $2.503.50; bulls steady to stron* at $5.75 down: outstanding weiehtv kinds up to S6: vealers. steady, good and Choice. *ll% 12.50: lower grades, sto 50 down Sheep—Receipts, 800. most?v steadv better grade light and handy weight lambs, largely $7% 7.50: heavy kinds downward to *6.50. showing some strength common throwouts, *5%5.50; most fat ewes. *24x2.60. S CLEVELAND,** Oct. 14.—Hogs—Receipts. 1 900 holdover, none: steady to 25c higher: top. $10.35 on 180-250 lbs. sorts. 160-180 lbs.. sio*. 10.25; pigs. *9.75. Cattie —Receipts. 2s" steady: old lots common ■teers $6 75 scattering around. $6% 8.35. fit cows. *4.50% 5.50: cutter grades *3% 4 35. Calves -Receipts. 650: mostly steady: still dull on inbeiween kinds of around $9 50® 12 value: only odd kind vealers above *l4; > culls. *7%9. Sheep—Receipts. 200; steadv fat lambs. *7.50% V 75; throwouts. *5.50%: good fat ewes. *3% 3.50. Pittsburgh: Oet. 15.—Hogs—Receipts. 1 800: market. 10% 15c higher: 170-350 lbs.. $lO 50010.60: 140-160 lbs.. *lO% 10.50; 100140 lbs, *9.50% 10: good packing sows. *8 75%9 Cattle —Receipts. I: no early trading; calves, receipts. 150; market, steadv: better grade vealers. $lO% 13; common to medium, $5%9.50. Sheep—Receipts. 500; market, weak to 25c lower: good to choice, fat lambs. *7% 7.75; lower grade, *406.50. B*< Inited Free* EAST ST. LOUIS. 111., Oct 15—Hogs— Receipts. 10,000: market, fairly active. 10% 15c higher; plzs and sows, strong to 25c up: top. *10.15; most 180-225-lb. weights, *lO% 10.10; 150-170 lbs.. *9.650 9.90: 100140 lbs.. *9% 9.50; sows. *B% 8.75. Cattle —Receipts. 4,000; calves. 1.500; steers, slow: westerns, strong at *7.20% 7.65: vealers. steady to 25c higher at *12.75; other classes steady: mixed yearlings and heifers. *9.50% 11. Sheep—Receipts, 1.500: few choice lambs to city butcher*, steady at (8: Indications steady on other classes. Bu Tnited Press FT. WAYNE. Ind.. Oct. 15.—Hog markri. 10c higher: 130 lbs. down. *8.85: ISO’S© lbs. *9 10; 140-160 lbs.. *9.35; 160-180 lbs . *9 60: 180-200 lbs . *9.70; 200-235 lbs.. *9 80 : 225-250 lbs.. *9.90; 350-300 lbs.. *10; 300-325 lbs . *9.75; 325-350 lb*., *9.50 . 350400 lbs.. *9.25. roughs. *7 50; stags, *5.50; cßive*. *l2; lambs. *7.

New York Stocks ... ...1 ~, (By Thomson & McKinnon 1 1

—Oct. 15— Prev. Railroad.— High. Low 11:30. close. Atchlbon 203% 201'a 202 203 Atl Coast Line. .121 120*. 120's ... Bait & Ohio 86 85 Chesa & Ohio 43 % 43 43 43 • Chest Corp 49 * Chi Ort West '! Chi N West.... 50*2 50 SO 49 Js Del & Hudson.. ■■■ 560, Erie 37 36>z 36’a 36% Great Northern .. . • ,°B. Illinois Central 103*. 103*. 103*. 103 s . Kan Cltv Bo 32*2 ... Lou & Nash , 113 Mo Pacific , 4* 43 oM Pacific pfd 103 101*. 01*. 101% N Y Central 144 142*. 143 143% Nickel Plate f? NY NH At H 95*. ?3 93 94 Nor Pacific 59*. aß‘ 59 59 Norfolk At West j, 215 Pere Mara 24% i|4’ J 24U tjjj% Pennsylvania ... 68’. S< 3 . 6| ‘ 8o a pacfflc 106*. 106'z io6*. 106 Southern Ry ... ■■ ■ ■ ‘* 3 4 ‘q,* St Paul 9*, 9*. 9*4 9 4 8t Paul pfd '* * ‘ C * f I. Q P 1 4 W 4 Union Plcfflc . 201 200 201 199 Wabash , , „ 23 2 W. Maryland .. I*% J* J®, 16 ' 8 West Pacific 12*4 12*4 12*4 ... Equipment.— . Am Car A; Fdy.. . - 3 ®,. Am Locomotive 30*. 30 30 30 * Am Bteel 3 *., Am Air Brake 8. ?*% Gen Am Tank 51% 55% 55*. *6% Gen Ry Slgaal 3% 63 63 64 2 Lima Loco 21*. 21 21 21 * Press Btl Car 4*. 4% 4*. 4% Pullman 60 39*.. *9 1 *9 Westlngh Ar B 35 34% 34% 34% Westingh Elec ..115** 112*2 113 114 Firestone 17*. 16*. 17 3 17 . Fisk I*, I*. IV. l*. Goodrich 16 ts*. 15*. 16 Goodyear 44*. 43 43 41 . Kelly Sprgfld ... 2*s 2*. 2*. - Lee Rubber ,} U 8 Rubber/ 13*. 14 Motors— ... .... Auburn 84 81*2 BIV2 83*,4 Chrysler 18*. 17’. 18 18 Gardner J' 8 Graham Paige .. . 4*. 4 s General Motors . 37*. 36*. 36*. 36'-. Hudson 23 22* 23 22*. Hurp B*s B*2 Bss8 s s OJ2 Nash 32 31*2 31*2 31 ' Packard 10*. 10*'s 10 17 . 10*. Reo UV 11 * Studebaker 26 25*,-* Yellow Truck ... 13*. 12 1 a 12 5 8 13*/4 biotor Access— Am Bosch 26*3 26*2 Bendlx Aviation. 19** 19*. 19*4 19*. Borg Warner ... 18*2 18’ 18‘s 18*,2 Briggs 14’* 13*/4 14 14 Eaton 18 17*4 17*4 18 El Storage B ... 56* 2 ... Houda 6 s** 6 s}a Motor Wheel .. 17** 16*< Sparks W 14*2 14<* 14 1 * 14 Stewart Warner. .. . 20*2 19*8 Tlmkin Roll 54*. 53*4 53*i 55 Mining— Am Metals ... 20 ■ 19 Am Smelt 55 *s 54 54'2 Am Zinc 6*4 Anaconda Cop.. 37*4 36*4 37 34’* Cal & Hecla 10* 8 10 10 10 Cal & Ariz . 401* Cerro de Pasco 34 33 33*4 33*4 Dome Mines ... B'/ B',a Freeport Texas.. 36*< 36 36*. 36’n Granbv Corp . 14*. 13*4 13*4 13'/* Great Nor Ore 19 Howe Sound ... ... 22*4 Int Nickel 18 Inspiration 9** 9 Kennecott Cop.. 27** 26* 8 26*4 27 Magma Cop 21 20*4 Miami Copper 9 9'* Nev Cons 10 * 10*4 10*4 10*4 Texas Gul Sul. 52 51 51*i 51** U S Smelt .... 20*8 19** 201* 20 Oils— /■ Amerada 23 Am Republic 11’* ...., Atl Refining.... 24*4 24*4 24U 24*2 Barnsdall 17 s * 16‘ 2 16> 2 17*4 Beacon ... 10'* ... Houston 54*2 53 s * 54*2 54 Ind Oil 16’, 16’* 16'., 16** Indian Refining Mex Seaboard 17* 16** 18'* 171* Mid Conti 18*4 19% Pan-Amer (Bl 48% Philips 22*. 21*4 22 22 Pr Oil & Gas. . 27*4 27 27 27 Pure Oil 17 16*4 16*4 16% Richfield B*. 7*., 7* 4 8 Royal Dutch .. .. ... 43’* 431i Shell Un 10'4 1014 101* 10% Simms Pt 13 13 Sinclair 15*2 15*4 15*4 15 1 , Skellv 2014 20% 20% 20*4 Standard of Cal 53', 53% 53% Standard of N .1 57% Standard of N Y 27'* 26*< 26* 27, Texas Cos 44 431- 44 43% Union Oil 3214 32% Steels— Am Roll Mills... 40*4 39** 39% 39 Bethlehem 76% 74%. 74% 75% Byers A M 54** 52’* 53% 53 Cofo Fuel 36 35*2 36 35 Cruc Steel 66 65% 65'* 66 Inland 68% 68% Ludlum 15% 14*, 14*8 16 Midland 22 2214 Newton 26 Repub I & S ... 20 19 19 19% U § Steel 150% 147% 148% 148*4 Vanadium 52% 50% SOI* 51 YoungSt S* W 21*4 21% 21% 21 Youngst S & T. .. ... ... 90 Tobaccos— Am Sumatra 7% 714 Am Tob (A) new 112 Am Tob (Bl new.ll3*4 113% 113% 113% Con Cigars ... 30 30 General Cigar ... 40 Lig & Mvers B. 89% 88% 88% 89% Lorillard 16% 15% 15% 15% Reynolds Tob.. 46% 46 46% 45% Std Com Tob 4 Tob Pr A 11 11 Tob Pr B 3 2*4 United Cig 5% Utilities— Abitibi 11*4 Adams Exp 22% 22% 22% 21% Am For Ptvr .... 43% 40’* 42 41% Am Pwr &Li 64% 6514 AT&T 100** 197% 198 19914 Col Gas & E 1... 47% 461* 46% 46

Indianapolis Stocks

-Oct. 15Bid. Ask. Am Central Life Ins C0....1,0C0 Belt R R S Yds Cos com 50 53 Belt R R & s Yds Cos pfd 6% 52 Bobbs-Merrill Cos 28% ... Central Ind Power Cos pfd 7%. 87 92 Circle Theater Cos com 7% 106 Citztiens Gas Cos com 16%... 23% Citizens Gas Cos pfd 5% 98 103 Commonw Loan Cos pfd 8%... 100 Commonw Loan Cos pfd 718... 97 101 Hook Drug Cos com 21% .. . Ind Hotel Cos Clavpooi com.. 125 Ind Hotel Cos pfd 6% 100 Ind Serv Corp pfd 6G> Indnls Gas Cos com 6% 57 62 Indpls Pow & Lt Cos pfd 6%<*.104 106 Indpls P Welf L As com 813.. 53 ... Indpls St Railway Cos pfd 1 6 Indpls Wa Cos nfd 513 101% 104 Int Pub Serv C pr Li pfd 7%. 101% 104 Inter Pub Serv Cos pfd 86 91 Metro Loan Cos 8% 100 Northern Ind Pu Sv Cos 5%%. 91 95 No Ind Pub Serv Cos pfd 6%.. 99 102% No Ind Pub Serv Cos pfd 7%.. 108 Progress Laundry Cos com 41 45 E Rauh & Sons Fer Cos pfd 6% 47 Real Silk Hos M Inc pfd 7% .. 90 Shareholders Investors Cos 21 Standard Oil Cos of Ind 41% ... Terre Haute Trac Light 77 Un Title Cos com 3% 27 Van Camp Prod Cos Ist pfd 7% .. 96 Van Camp Prod Cos Ist pfd 8% 96 BONDS Bid. Ask. Belt R R & St Yds Cos 4s 93 Broad Ripple Trac Cos 5s 33 Central Indiana Gas Cos 5s 99% ... Central Ind Power Cos 6s 99 ... Citiens Gas Cos 5s 100 ... Citizens Street Railroad 5s 34 ... Gary Street Rv Ist 5s 69 ... Home T & T of Ft Wayne 6s. 102 Ind Railway & Light Cos 55.. 96 Ind Service Corpn 5s 89 Indpls Pow & Light Cos 5s 100 102 Indpls Col & So Trac 6s 97 Indpls Gas Cos 5s 100 104 Indpls & Martinsv Ra Tr Cos 5s 12 Indpls & Northw Trac Cos 55.. 7 Indpls Street Rv 4s 20 Indpls Trac & Term Cos 5s 69 ... Indpls Un Rv 5s 102 ... Indpls Wa Cos lien & ref ss. Ist 99% ... Indpls Water Cos 4%s 94% ... Indpls Water Works Sec Cos 5s 90 ... Interstate Pub Serv Cos 4%5.. 91 Interstate Pub Service Cos 55.. 98 Inter Pub Sv Cos B 6%s 105 No Ind Pub Serv Cos 5s 102 No Ind Teleph Cos 6s 98% 100 Ter Hte Indols & East Tr Cos 5s 65 Ter Haute Tr & Li Cos 5s 80 SALES 1 Share Broad Ripple Trac 5s at 36 1 Share Citizen St R R C 5s at 36 1 Bond Indpls St Ry 4s at 20 Marriage Licenses Ralph Bradford. 18. of 1310 Sheffield, clerk, and Nellie Willoughby. 18, of 1310 Sheffield, clerk. Orville Langston. 44. Elwood. clerk and Norene Clements. 44. of 416 East Thirtyfirst. clerk. Robert A. Babcock. 21. of 340 West McCarty. mechanic, and Ruth E. Stein, 22 of 2403 West McCarty. Armott Wells. 23. of 609 West Vermont and Thelma Johnson. 20. of 829 West Pratt, maid. Oliie D. Moore. 22. of 1650 Southern printer, and Edith J. ResJer. 19, of 1650 Southern. Kurt F. Bent!age. 33. of 903 lowa, clerk and Marie Rossi. 21, of 706 Lord, bookkeeper. Lee D. Pox. 27. of 5406 North Delaware, salesman, and Elizabeth Loveland. 27. of 3359 Carrollton. Ruffian Reagan. 30. of 1520 Cornell, laborer. and Anna Porter. 30. of 1520 Cornell, clerk. Other Livestock Bu United Press EAST BUFFALO. Oct. 15.—Hogs—Receipts. 1.100: holdovers, none; active to all interests; weights above 160 lbs., 15® 25c higher: bulk desirable 160-200 lbs., $10.65® 10.75; few $10.85: pigs and underweights. $10.50# 10.75; packing sows *8.25 69. Cattle—Receipts, 250: slow, steady, common grass steers $6 35: bulk unsold; cutter cows $2.5064. Calves—Receipts. 150: vealers. unchanged; good to choice, sl3; mostly $13.50. Sheep—Receipts. 300: lambs steady to strong; good to choice ewes and wether lambs mostly *7.75; bucks and medittm kinds. 16.75&7, throwouts, *6.

I Com & Bou . .. 10*4 10% 10*4 10% El Pwr &U. .. 53% 51*4 51% .72 ' Gen Gas A 6% 6% , Inti TANARUS& T 28** .B',. 28% 28 Natl Pwr & Li 34 32% 33% 33% No Amer Cos 86% 85% 86 84*, Pac Gas & F.i 51% Pub Ser N J 85*4 85*, 85*4 85% So Cal Edison 51%. 51% 51% 50% Std O& El 807* 18% 7% 80 United Corp 23% Ut Pwr &L A 27 26% 26% 26% West Union . . 144*, 146 Shipping— Am Inti Corp 28 27% 27% 27% Inti Mer M pfd 17%. ... United Fruit . 73 72 72 71% Foods— Am Suj 45% 45 45 45 Armour A 4 3% 4 3% Cal Pkg 55’* Can Dry 54 53 Childs Cos 39*3 Coca Cola 169 189% Cont Baking >A' 24% 23% 23% 23% Corn Prod 78*. 77% 77'. 78 : Crm Wheat * 29% : Cudahy Pkg 41 1 Cuban Am Sue 4% Oen Foods 51*, ! Grand Union 11% 11% Hershev 80% 78 78 79% Jewel Tea 43 Kroger 26 25% 25% 25 ■gat Biscuit 78% 78% 78% 78% FiUsbury 29% Safeway St 64 Std Brands .... 17% 16% 16% 16% Ward Bkg 6% 5 6% 6 Drugs— Cotv Inc 12*4 11% 11% ll*s Lambert Cos . , 81% 81 81 80% Lehn & Fink. 22% Indcstri&fs— Am Radiator ..21% 21% 21% 21 Bush Term ... ... 28% Certatnteed 5 4*4 4*4 . . Gen Aspialt 32% 31 31 32 Otis Elev 59% 58*4 58*4 58*4 Indus Chems— Allied Chem ...211 206 208 211% Com Solv 19*4 18% 19% 19% Union Carb .... 65% 63 63% 64 U S Ind Alco 61 62 Retail Stores— Assoc Drv Gds 29% 29% Gimbel Bros ... 8% Kresge S S 28 27 27 27 Mont Ward. . 26*s 24% 24% 25% Penny J C .. 46% Schulte Ret St. . 6 5*4 s*/4 s** Sears Roe 57 54%' 54% 57*4 Woolworth . 63% 62*4 r. 62% 64 Amusements— Bruns Balke 13 13 Col Graph 11*4 11% 11% 11% Crosley Radio... 11 Eastman Kod ..194% 191 % 191% 195 Fox Film A 38** Grigsbv Gru... 6% 6 6 16% Loews Inc 57% 55% 56** 56% Param Fam 49% 47*4 48% 49 Radio Corp 25%** 24'* 24% 24*4 R-K-O 22% 21% 21% 21% Schubert 10 Warner Bros. .. 17% 16*e 17% 17% Miscellaneous— Airway App II 101* Citv Ice & Fu 37*4 37% Congoleum B** 8% 8%. B'/2 Am Can 119*8 117% 117*8 119 Cont Can 48% 47% 48% 49 Curtiss Wr 4% 4% 4*4 4*4 Gillette SR... 37% 36% 36*4 36 Real Silk 40% 40% 40% 40

The City in Brief -

Miss Carolin Miller, 637 East Thirty-second street, has been awarded a $lO cash prize in the National Letter Writing Contest sponsored by Eaton, Crane & Pike Cos., writing paper manufacturers of Pittsfield, Mass. Safety board members Wednesday will attend the hearing before the works board on the petition by Logan J. Smith to operate a bus line between Technical and Shortridge high schools and Butler university. Peoples Motor Coach Company officials will object to the proposed line. Wilbur W\ Winship. city street commissioner, was named a committee member of the International Association of Sanitary Street Officials at a recent meeting in Louisville. ~ Post convention meeting of the Indianapolis Chiropractic Association at the Lincoln chiropractic college, 518 North Delaware street, was addressed by Dr. J. J. McCully, Rushville, newly elected president of the Indiana State Chiropractic Association, Tuesday night. \ A tour of southern Indiana state forests is planned by the Marion County Fish and Game Protective Association. It will be sponsored by the Indiana department of conservation. E. O. Snethen will speak on “High Lights from Life,” tonight at the meeting of the Bible Investigation Club in the Y. M. C. A. Free meals for 2,973 persons were furnished by the Wheeler City Rescue Mission, according to its report for last three months. More than a thousand were given lodging in the rescue dormitory. Engineering work in moving the Indiana Bell Telephone building in this city will be explained to Shriners and friends at the weekly luncheon meeting of the Murat Caravan Club Thursday noon by O. N. Mueller of the telephone company. “The Place of Photographic Illustration in Modern Advertising,” will be the subject of Charles J. Doyle, Detroit, representative of the Detroit Pictorial Studios, before the Indianapolis Advertising Club at the Columbia Club Thursday noon. Petition of Logan J. Smith to operate a school bus line here, was taken under advisement by the board of works today after a twohour hearing.

WALL STREET FEELS NEW SALES ACTION

Curb on Short Selling Is Looked For After Conference. By United Prr** NEW YORK. Oct. 15. —Wall Street men believed today that a process of housecleaning is well underway in the market, thus avoiding possible government action against excessive short selling. This view was strengthened" by apparent tightening upon stocks for loaning by shorts in their operations; and by the revelation that Stock Exchange officials had dined, Sunday night with President Hoover at Washington. The administration was pictured subsequently as hopeful that the exchange would do its own housecleaning. And many traders believed that this very process was underway—probably as a result of the heart-to-heart talk between President Hoover, President Richard Whitney of the New York Stock Exchange and Vice-President Allen L. Lindley. Bears Organized Most of the recent weakness in the market has been attributed to short selling tactics pf an organized bear crowd, which has been reflected in a lessening of confidence in the business situation. This was the topic, many in the street believe, of Whitney's talk with President Hoover. The most effective manner in which short selling can be discouraged is to prevent the short seller from borrowing . stock to deliver s i

THE INDIANAPOLIS TIMES

WEAK GABLES FORCE FUTURE MARKET OOWN Lack of Confidence Is Main Factor in Continued Decline. Bn I'nitcd Press CHICAGO. Oct. 15. Wheat sagged as the Board of Trade opened today with the weakness at Liverpool again a factor. The Liverpool market opened firm, but there was a lack of confidence and selling said to be from this side caused a recession. Selling was moderate early, but little support was in evidence at the start. The report that temperatures of 14 degrees above zero with rain and snow were general in the Canadian northwest had no effect. Corn was slightly firmer, but fractionally down. Oats were steady. Liverpool Weakens At the opening wheat was 3 s to % cent lower, corn was % cent lower to % cent higher and oats were % cent lower. Provisions were unevenly and sharply higher. Liverpool opened fully as expected, but weakened during the day to decline to ] i cent lower to Vs cent higher by mida.ftemoon. Buenos Aires opened unchanged to *4 cent lower, a great deal of the pressure there coming from the uncertainty of the exchange rate. The tone in wheat-at the close was distinctly* better with much of the improved sentiment coming from the strength in securities. The impression prevails that commodity and stock prices are at the bottom and while no great advance is expected. steadiness is looked for until the cold weather increases the use of wheat. New Corn Received Corn reacts quickly from depression when pressure ceases and wheat improves. The movement is increasing steadily and arrivals of old com are enlarging. Already fifty-five cars of new corn have been received since Sept. 22 while a year ago the first car did not reach market until Oct. 7. Oats regained all losses when pressure was removed. Trading rules quiet with the market influenced almost wholly by the action in the other pits. Chicago Grain Table —Oct. 15WHEAT fold'— Prcv. High. Low. 11:00 close. DtC .78% .77% .7814 .7814 Mar 82 81 % .82 .82% Msy 84 .8314 .83% .84*4 July 85 .82% .84% .84% CORN (Old I Dec 80% .79% 80% - .80% Mar 81 .80=* .80’* ,80*g May 83*4 .82' .83*4 .83% July 34 .33% TB4 .83*4 OATS (Old) Dec 37 .36% .37 .36*4 Mar 38*4 .38% .38% .38% May 40 .39% .40 .39*.! RYE (Old.i Dec 49% .48% .49% .49 Mar 53%) .53 .53% .53% May 55 "s .54*4 .55 .55 LARD— Dec. 11.05 10.90 11.00 10.72 May 10.85 10.85 10.65 Ru Times f-'oceial CHICAGO. Oct. 15.—Carlots: Wheat. 20. corn. 520: oats, 71: rye 3, and barley. 20.

New York Bank Stocks

—Oct. 14— Bid. Ask. America 81 82 Bank of United States... 30 31 Bankers 126 128 Brooklyn Trust 93 95 Central Hanover 278 283 Chase National 111% 119 Chatham Phoenix Natl... 93 95 Chemical 57 58 Cltv National 123 123 Corn Exchanae 150 153 Commercial 300 325 Continental 19% 20' Empire 61 63 First National 4.350 4.400 Guaranty 547 CSO Irving 41 % 42 Manhattan & Cos 94% 96 Manufacturers 65 66 1 New York Trust 204 207 Public 82 84 Chelsea 23 27 New York Curb Market —Oct. 15— 11:30! 11:30 Am Com Pwr.. 18 Mo Kan Pipe... 11% Am Gas & El.. 98% '• Nat Av 8% Ark Gas 7% Newmont Mill.. 64% Brazil P & L.. 23% Niles 24% Can Marc .... 3% Noranda 14 Cities Serv ... 24* Penroad 9 Cord 4* B Prin & Whtly.. 2‘* Durant M0t.... 1% Salt Creek .... 8% Elec Bond Sh . 57*4 Sel Indus 4 Ford of Can... 20 Shenandoah ... 6% Ford of Eng.... 15% Std of Ind .... 41% Ford of Fr.... 9% Std of Kv 26% Fox Theater... 7%iUn Gas (newi.. 10 Goldman Sachs 11 * Un Lt & Pwr., 31 Gulf Oil 91!|Un Verde 7% Hudson Bav ... 5%-Ut In Ind 9** Humble Oil ... 75%'Ut Pwr 12% Int Super .... 14%Vacuum Oil ... 65% Lion Oil lit* Wallgreen 27% Mtdw Ut 23% China Ratifies Knot Protocol Ru l iiited Press GENEVA, Oct. 1£. —China today ratified the R6ot protocol providing for possible adherence of the United , States to the world court.

against his short contracts. Several of the larger Stock Exchange houses are believed to have adopted this procedure, not being willing to become a partner in any deal which might adversely affect prices. The short interest in the stock market has been increased in the past month by the ease in which prices have fallen. This factor, together with the reluctance of holders to loan stocks, has caused a premium to be placed on borrowing of many stocks for short selling purposes. The only alternative for the short seller if he can not borrow stock is to cover, or buy back his stock in the open market. May Ban Selling The present scarcity of stock for borrowing purposes, however, has resulted in the borrower paying the lender a premium for the loan of the stock. This scarcity of stock for lending purpose naturally will discourage short selling by making it unprofitable. On the other hand it removes from the market potential buying power which would support prices in periods of weakness. A large short interest usually creates a “cushion” in periods of stress. According to one Wall Street authority, a general ban on short selling might have disastrous effects. He cited the results of an attempted ban several years ago on the Berlin Boerse, which was extremely unsatisfactory. In view of this experiment and the known opposition toward stopping legitimate short selling, it is believed unlikely that any measures aside from those already taken will be adopted by the Exchange.

BELIEVE ITORNOT

i/''* • r' v M&'a wz’ / The same electric ucht When! vv' bulb has seek bvjrmwg for. is HAPPy ~ AN D \ C 2-1 NEARS continuously , LAUGHS WHEN SHE. IS mo- ' ’9 ! ooe-s INVERTED FACIAL MUSCLES 1 * OMt HALF OF TWO ANp WO 1.. .. KURSES., AHd AmSULANCES'^ ARRIVED AT The SCEHL OF THE ACCIDENT BEFORE ff happened Gairodd. Collision, UJum-tom. ® t*B, R&fplvyfcs Syndicate. Inc.. Grew Bfltta ngto rexm* 11 ~ iDiyJ ' “* 1 “ ■ ■ — '* ' " fo-ri

Following is the explanation of Ripley’s “Believe It or Not” which appeared in Tuesday’s Times: Floating Rocks on the Nelson River—Engineers on location near the- Nelson river, which empties into Hudson bay, in northern Manitoba, have observed boulders the size of a house floating on ice floes during the spring breakup, and the attendant high water. These phenomena of nature are caused by the spray of the rapids turning to ice beneath some great

Home Owning Drive to Be Started Next Year

mpp y.' . .XfotOWO

H. Morton Bodfish

MKKfo * ffigl

R. Holtby Myers

Produce Markets

Eggs (Country Run!— Loss off delivered In Indianapolis. 20c; henery duality No. 1. 23c; No. 2. 14c. „ . . Poultry (Buying Prices!—Hens. wclghine 5 lbs. or over. 15c: under 5 lbs.. 17c. Leghorn hens. 15c: springers. 4 lbs. or over. 19c or under 4 lbs.. 16c, ducks, springers. 14c: old cocks. 9(®10c: ducks, full feather fat white, lie: geese. Bc. These prices are for No. 1 top Quality ouoted bv Kingan & Cos. „ Butter (wholesale) —No. 1. 41cj42v,. No. 78® 39c. Butterfat—3Bc. Cheese (wholesale selling orice per pound!—American loaf. 31c: pimento loal. 32ce: Wisconsin firsts. 27c; Longhorns. 34c: New York Limberger. 36c. Cincinnati'' Oct. 15 —Butter— steady; creamery in tub lots, according to score, 37c; common score discounted 2(a3c; packing stock. No. 1. 30c; No. 2. 25c: No. 315 c: butterfat. 34 a 36c. Eggs—Steady: cases included: Extra firsts. 31c; firsts. 27c; seconds. 25c: neaiby ungraded. 29c. Live poultry—Thin and coarse stock sells onlv at heavy discount: fowls. 5 lbs. and over 19'zc: 4 lbs. and over, 18‘2c; 3 lbs. and over. isc: Leghorns. 3 lbs. and over. 13> 2 c: roosters. 13c: colored fryers over 3 lbs. 18 1 -c; broilers, colored, over 2 lbs.. 2Cc; broilers. I’i lbs. and over, 25c: Leghorns and Orpington broilers. 1U lbs. and over. 22c; broilers, partly feathered, lac: Leghorn and Orpington fryers, over 2 lbs.. 17c: roasting chicks. 4 lbs. and over. 18'2c; black springers. 15c. Bu United Press CLEVELAND. Oct. 14.—Butter—Standards Eggs—Extras. 33c; firsts, 27c. Poultry— Heavy fowls. 23c; medium. 20c: Leghorn, 12® 15c; heavy broilers, 20®21c; Leghorn broilers. 18® 19c; ducks. 15® 20c; old cocks 14®16c; geese. 15c. Potfftoes— Ohio Cobblers, $3 per 150-lb. sack; Maine Green Mountain mostly $2.50; few. 52.35 per 120-lb. sack; Idaho Russet, $2,75®2.90 per 100-lb. sack. Funeral at Russelville Bu Timex Soerin> RUSSELLVILLE. Ind., Qct. 15. - Funeral services were held here for Miss Emma Woodal, daughter of Josiah Woodal, who died of tuberculosis.

On request, sent with stamped addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.

hammock of stone, the warmer high waters of spring carrying away the entire mass. Dogs That Can Not Bark— Professor Bell of King’s college, discoverer of the island of Juan de Nova, a little pure coral island situated off Madagascar, found that the native dogs could not bark, and that they drank salt sea water. He also is authority for the statement that dogs in the savage state do not bark, and do

Building and Loan Groups Preparing, Convention Is Told. Building and loan associations next year will try to put a half mil- : lion additional families into their own homes, R. Holtby Myers, president of the United States Building and Loan League, told the fortieth annual convention of the Savings and Loan League in session at the Lincoln. With eight of eighteen million families in rented quarters following occupations precluding home ownership, efforts of President Hoover’s commission and others will concentrate on the remaining ten million, Myers declared. He is a member of the presidential commission appointed to study ways and means to encourage home ownership. H. Merton Bodfish, Chicago, new executive-manager of the league, ; described the league’s program to build a powerful organization pledged to make the home financing easier. “The building and loan associi ations must realize they are an important factor in the home financing field, whether they like to reI gard themselves as such or not,” Bodfish declared. “They have as- | sets of several billion dollars, and i they now have competitors. This I money must be lent and must be ’ lent on homes if. the high volume of ! investor funds is maintained, for : dividends must be paid. Births Gir*s I Ora and Katherine Keller. 1513 Sturm. William and Helen Sharkey, 308 East Minnesota. _ . . Thomas and Alma Boylan. 3547 East i Robson. ... .... Ervin and Zelma Sinzer. Methodist hosDi Bvron and Edna Fitzpatrick, Methodist ' hospital. John and Hazel Grob. 2124 Broadway. Stacy and Ruth Horrall. Methodist hosDl Carl and Mildred Van Sickle, Methodist hospital. Rov and Goldie Osborn. 975% Stillwell. Lester and Florence Simons, 730’* East Michigan. Merl and Ruth Denney. 319 North Forest. Hernley and Mary Boyd. Methodist hosB Is adore and Esther Sachs. Methodist hosAlex and Theresa Rabin, Methodist hosDil Erriil and Marcuerite Koehler. Methodist h °Pauf and Lois Cook. Methodist hospital. Robert and Anne Bunce, Methodist hospital. Deaths Anzel Matthews. 75. 668 East Eleventh, aneina pectoris. ■ „„„ . Fannie Ann Buchanan. 63, 322 West Eiehteenth. chronic myocarditis. William Rozers. 72. city hospital, broncho pneumonia. Frank M. Thomson. 61. 35 North Wallace, Ca Anna l Hbibanlc. 83. 1227 North West, acute Ca jfck C son U Ca a rter n '4s. 3025 North Meridian. 10 John D W U colffns. 74. 5446 Colleze. cardio vascular renal disease. Marv L. Shauehnessv. 69. 2941 North Delaware, cirrhosis of liver. Georze Watton, 30. city hospital, accie walter Dawson. 21, city hospital, accld*Sfaht Meredith. 12 days, city hospital, lobar pneumonia Former Drummer Boy Dies NEWCASTLE, Ind., Oct. 15.—FuI neral services were held today for Charier W. Dinwiddie, 82, who at the of 16 was a drummer bay in Company 4, One hundred thirtyninth infantry. Civil war unit. He died Monday after a long illness.

CAMPBELL and COMPANY v BONDS and STOCKS Trustee Standard Oil Shares 1418 Fletcher Trnat Bid*. 81. 1891

I-c \7 Registered O. B. M-P J I'atent OHIO RIPLEY

not acquire the habit except under i the influence of man’s companionj ship. Red Clover Grows Thickest Where There Are Cats—The great Charles Darwin first discovered I this fact to be true because the cats kill all the field mice, which otherwise would destroy the homes and nest of the bumble-bee. Reference: Compton's Encyclopedia, Page 358. Thursday—Grant’s real name. 2,500 UF CITY’S HOUSES VACANT 3.63 Per Cent of Total Is Uninhabited. Twenty-five hundred houses, 3.63 | per cent of the total in Indianapolis, now are vacant, according to figures of the Pioneer Distributing Company in a survey it made for the Indianapolis Real Estate Board. Southeast and northeast sections of the city have the highest proportion of vacant houses, with Irvington and the north side bearing lowest per cent figures. On the north side 19,700 houses were visited, and survey workers found 525 of them empty. In Irvington, 148 of 8,000 houses were not. filled. Os Brightwood’s 11.900 houses, 691, of 5.8 per cent, were vacant. On the south side, east of White river, 705 of 15,200 houses were unoccupied, while Haughville and West Indianapolis sections, with 9,600 homes, had 225 of them empty. The survey did not include Broad Ripple, apartments in the city, or 20,000 Negro residences.

Local Wagon Wheat

City grain elevators are oavinz 73c for No. i red wheat and 67c for No. 1 hard wheat

limited train service to FORT WAYNE ANDERSON .... KOKOMO ;; MUNCIE ....... PERU g§|V Faster than ever before! Speed with complete safety. Speed with every comfort and Speed with % a considerable saving in transportation costa. 6 Extra Fast Trains Daily viro Rarlor~Dining Cars —and 7 other convenient trains sj|j§ Three trains to Fort Wayne via Anderson and ll|| Muncie, leaving at 7:00 A. M , 1:00 P. M. and Ural '' 5:00 P. M. Three via Peru and Kokomo, leaving at 7:00 A. M., 1:00 P. M. and 7:00 P. M. Running time has been shortened to 3 hours and 45 minntes and 4 hours and 5 minutes respectively. 'f‘ Parlor chairs cost only cent a mile extra. HO Phone Riley 4501 for reservations. MSB Traction Terminal: Illinois and Market Streets I INDIANA RAILROAD SYSTEM

OCT. Id, 1930

STOCK SHARES LOSE CAINS IN LISHTSELLING Trading Slows Down After Opening Rally: Steel in Demand.

Average Stock Prices

Average of thirty industrials for dav was 196.70. up 3.65. Average of twenty rails was 116.67. up of twentv utilities was 71. UP 1-s** Average of forty bonds was 96.41, on .16. Bu Vnited Pre** NEW YORK, Oct. 15.—The stock market settled down to a narrow rut around noon today with dealings falling off to summer proportions. A rise in the first few minutes of trading was followed by a sharp deeline from highs with United States Steel leading both swings. That industrial favorite then led a slight rally in the late morning: In its descent from the high of 150' ~ it dipped to 147-% and around noon was oack to 149%, up % net. Narrow Range Around noon the remainder of the list was moving over an arc of one point or less. Westinghouse Electric was at 114, up %; General Electric 56%, up %; Radio Keith 2214, up %; Vanadium 51%', up 1; General Motors 36%, off %; American Can 118 Vi. off %; Case 124'., off 1; Radio 24%, off %, and Fox Film A 38%, off Vi. Utilities, with the exception of the communication issues, were fractions to more than a point higher. Oils moved in a narrow range. Bonds Firm Up Gillette Safety Razor was a feature in the special, issues rising 2% to 38%. Officers and directors of this company and of Auto Strop Safety Razor Company were in session in Boston discussing a merger, which the street expected to materialize. Foreign bonds firmed up, with the exception of German issues, the latter influenced by the political difficulties in Germany. Domestic bonds were irregular. Wheat recovered early losses. Cotton futures eased from early highs and were holding around the previous close. Call money held at 2 per cent.

Bank Clearings

INDIANAPOLIS STATEMENT —Oct. 15Clearings $3,776,00 00 Debits 5.731,001.0(1 NEW YORK STATEMENT Ru Unitid Press Clearings $1,710,000,000.0(1 Balance 260,000.000 00 Fdl. Res. Bnk. Cr. Bal 202,000.000 0(1 TREASURY STATEMENT Net balance for Oct. 13 $256,099.430 40 Expenditures 12.721,771.91 Customs rects. month to date 15,590.378.85 Chicago Stocks Opening (By Janies T. Hamill & Cos.) —Oct. 15— Open. Open. Assoc Tel Util.. 22% Houdi B 5% Auburn Motors. 85 Elec Hsehld.... 32 Brtidlx Avia... 20 Insuil Com 48 Borz Warner... 18%;insull Did 85 Cent So West.. 18 Mai Hsehld.. . 16% Cord Corpn.... 5% Marshal Fields.. 35% Cont Ch Cp com 11%:Mid com 23** Cont Ch Cp pfd 47% Swift & Cos 29% Ch pn c0m.... 7% Swift Internat'l 32 h Cpn pfd 42% U S Ra & Tel. 17 hzo Sec 18% Util & Ind com 9% Gen Thea Eq... 25 Util fiz Ind pfd.. 20% Grigsby Grunow 6% Zenith Radio ... 5 Net Changes Ru United Press NEW YORK, Oct. 14—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follows: c Up. Off. American Can 119 2% ... American & Foreign Power 41% 2'* ... American Telephone 199% 3% ... Bethlehem 75% 1% ... Case 125% 4 Consolidated Gas 98% 3 Fox Film 38** 3% ... General Electric 56% 1% ... General Motors ..' 36% 1% ... General Theaters Equipment 24% 5% International Nickel 18 . . % Loew’s Inc 56U 2 s * ... Montgomery Ward 25% 2 New York Central 143% 3% ... Pennsylvania 67% % ... Radio Corp 24% % ... Radio Keith 21% % ... Standard Oil New Jersey... 57% 1 Union Carbide 64 2 United States Steel 148% Vanadium 50% % ... Warner Bros. Pictures .... 17% ... 1% Westinghouse Electric 113% 2'* ... NEW YORK COFFEE RANGE —Oct. 14High. Low. Close March 6.35 6.30 6 31 May 6.04 6 00 6.01 September 5.84 5 76 5.76 Decern h-”- . 7.45 7.35 7.38