Indianapolis Times, Volume 42, Number 143, Indianapolis, Marion County, 24 October 1930 — Page 21

OCT. 24, 1930.

RALLY IN STEEL SHARES CARRIES STOCKS UPWARD Van Sweringen Securities Come Back From Lows Made Thursday.

Average Stock Prices

Average of thirty industrials for Thursday was 188.10. ud 3.12. Average of twenty rails was Hi.lo. off 1.80. Average of twenty utilities was 67.98. ud 1.10. Average of forty bonds was 95.84. off .17. /?>' United /’revs NEW YORK, Oct. 24—Optimistic statements by leaders in the steel industry were immediately translated into buying arguments and prices of the better stocks moved up 1 to more than 3 points on the stock exchange today. The opening was irregularly higher. United States Steel was the outstanding feature, the initial sale being up 1% points at 148. The tendency in the morning was toward higher levels with a few interruptions caused by profit-taking. Few Weak Spots There were still a few weak spots, including some of the Van Sweringen issues, although those of the latter group hardest hit Thursday made substantial recoveries. United States Steel rose to 149%, up 2%, and was near that level at noon. American Can rose to 118%, up 3%; Westinghouse Electric 106, up 2%; General Electric 52%, up 1%; Eastman Kodak 190, up 3; .Auburn Auto 73, up 4%. Utilities were up fractions to more than 2 points, the best gainers being Electric Power and Light, American and Foreign Power and Consolidated Gas. Coppers Advance Copper shares advanced in active turnover despite a definite reduction in the price to 9% cents a pound. In the railroad group interest centered on the so-called Van Sweringen group. Alleghany Cor•poration rose 1% points to 11%; Chesapeake & Ohio, 2 points to 42; Erie, 2% to 32%, and Chesapeake Corporation, 4% to 48. On the other hand, there were several losses in the remaining issues. New lows for the year or longer were made by Nickel Plate at 84%, ofT %; Nickel Plate preferred. 90, oft 6, and Missouri Pacific, 40%, off %.

Bank Clearings

INDIANAPOLIS STATEMENT —Oct. 24 • Clearings TT. Debits 6.527.000.00 NEW YORK STATEMSiNT By United Press Clearings $1,066,000,000.00 Balance 156.000,000.00 CHICAGO STATEMENT Clearings *71,700.000.00 Balances 5.300,000.00 TREASURY STATEMENT —Oct. 24 • Net balance lor Oct. 22 *244,196,572.32 Expenditures 11,507,093.71 Customs rccts. mo. to date.. 26,181,391.77 NEW YORK COFFEE RANGE High. Low. Close. -March 6.40 6.20 6.33 Mav 5.90 6.85 5.90 July 5.80 5.73 5.80 September 5.72 5.64 5.72 December 7.90 7.70 7.89

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New York Stocks (By jhomson & McKinnonl 1

—Oct. 24 _ > Prev. Blilroad*— High. Low. 11:30. close. ! Atchison 2u0% 197% 199% 1 3 * At! Coast Line • 11® Balt & 0hi0.... 80% 80 80% 80 Chesa & Ohio.. 42 40% 41;. 40 Chesa Corp .. 48% 45 45% 43% Chi Ort We 4.. 7' 7 7 7% I Chi N West v... 45% 45 CRI&P \ • ‘2 ! Del L & w 10 ! I Del dt Hudson ..142 140% 142 141% Erie 31% 30% 31% 30% Erel Ist pfd 48% 1 Great Northern 65% 64% 64% 64% Illinois Central.. 99 98% 99 98 * i Kan City So 46 46% Lou & Nash 110 109 M K & T 25% 24% 25% 2a Mo Pacific 41% 40% 4HVs 4 l Mo Pacific pfd 102 101% 102 102 N Y Central ...136 135% 136 135 Nickel Plate 84% 85 NY NH ti H 88% 88 Nor Pacific 57 57% Norfolk ti West 213% O & W ... •••,. Pere Marq ... 99 99% Pennsylvania .. 66% 66 66% 66% Reading • 97 9a % So Pacific 104 103% 103% 103% Southern Ry... 72% 70% 72% 72% St Paul 8% 8% St Paul pfd i4% 14 14% 13% St L& S F 68% 68% 68% 69 Texas & Pac ...106 105 105 ... Union Pacific ..196 195 196 195% W Marvanld 14 13% 13% 13% West Pacific 10 Equipments— Am Car Fdv 36 36 Am Locomotive.. 30 30% Am Steel Fd... 29% 29% 29% 29% Am Air Brake S 37 36% Gen Am Tank.. ... 70% 69• General Elec... 52% 51% 52% 50% Gen Rv Signal. 63 62 62 60 Lima Loco .* 21% Pullmwt l , Car .‘s6 54% 65% 55 He?-::i65% m% m m% Rubbers— ~ Pl.lr 1% 1. Goodrich 15% 15% 15% 15% Goodyear a I% Kelly Snrgfld 3 U 8 Rubber 13% 13% Affbu 73% 71% 72% 68% Chrysler 16% 16 16% 16 A Gardner JtY Graham Paige.. .. ... 4 4 i General Motors.. 35% 34% 35% 34 4 Hudson 21 20% 21 20% :::::::::: 3 4 Na a sh mon .:::::::: 28 % 2$ Packard 9% 9% 9% 9% Pierce-Arrow ii Dai\ , , , , , ••• 10 Studebaker ” 21 20 20V* 19% Yellow Tuck 11% 10% 11 11 Motor Access — Am Bosch ?6% 26 Bendix Aviation 18% }7->* 18-s 18% Borg Warner .. 16% 16% 16% ... Brlsrprs IS 1 /* J5 3 .4 16 16 BuJ5 Wheel .... 7% 7% 7% Eaton 14 14 El Storage B °l* Hayes Body ? Motor Wheel -• ... •••,. JjjVa Sparks W 12% •••,, }2% 12 Stewart Warner 18% 18% 18% 18,* Timken R 011.... 50% 49 50% 49 Mini nr— Am Metals .... 22% 21% 21% 21 Am Smelt 53% 52% 52% 53% Am Zinc J ? _|% Anaconda Cop.. 34 33% 3312 33% Cal tz Hccla.... 8% 8% 8% 8% Cal <te Ariz 35% 35% 35Vjt 33% Cerro de Pasco.. 31% 30% 31% 31% Dome Mines ... f ,8% Freeport Texas.. 35% 33% 35 33% Granby Corp 13 12% 13 12% Great Nor Ore ■ 18% Howe Sound .. •••,. 23% 22% Int Nickel 1817% 18 17% Inspiration |% 8% 8% 8% Kennecot Cop... 25% 25% 25% 25% Magma Cop...- 20% 20 4 Miami Copper 8 8% Nev Cons • • • 10 10 Texas Gul Sul.. 52% 52% 52% 52% u S Smelt 20 20 Amerada . ... 24% 24% Am Republic 11 Atl Refining 22 2174 Barnsdall 15% 1574 15% 15% Beacon ••• ... 974 Houston 44 47% 47% 46 Ind Oil 16% 16% 16% 16% Indian Refining 574 574 574 5% Mex Sbd 16 1574 1574 14% Mid Conti 18% 17% 18% 1774 Pan-Amer B ... 47 74 46 % 4674 ... Phillips 22 74 2 2 2 2 22 Pr Oil ti Gas 2274 22% Pure OH ..... . 1274 12 12% 11% Richfield ." 674 Royal Dutch ... 4474 447* 44% 4474 Shell Un 10% 10% 1074 10% Simms Pt , .... 10 TO Sinclair 14% 13% 1474 13% Skelly 18 187* Standard of Cal 51% 51 51 51% Standard of N J 54% 53% 54% 53% Standard of N Y 2574 25% 25% 25% Texas Cos 40 74 39 7 s 4074 397* Union Oil 287* Am Roll Mills.. 37% 37 , 37% 367'* Bethlehem 74 73% 73% 73 Bvers A M 51% 50% 51% 48% Colo Fuel 29 2774 29 27% Inland 6574 Ludlum 15 15 Midland 20% 20% 20% 20 Repub I & 5.... 21 19% 20% 20% U S Steel 149% 147% 148% 14674 Vanadium *>27 6074 52% 50 Youngs S & \V..®O 197a 20 197* Tobaccos— Am Sumatra 7 674

Am Tob (new) A 11274 A Tob (new) B 11574 114 115 114% Con Cigar* 27% 27 Ur ti Myers B. .83 8774 87% 86% Lorlllard 157* 15 15% 14% Phil Morris 9% Reynolds Tot 44 7* 44 74 44 74 4 5 Tob Pr A 107* Tob Pr B 2% United Clg 57< Utilities— Abltlbl 8% Adams Exp 21H 20% 21% 21 Am For Pwr 417a 39% 407a 39 Am Pwr & U 61% 60% 61% 60% A T & T 199% 198% 199 198% Col Gas & E 1... 447, 43% 447's 43% Com ti Sou 10% 97a 10 10 El Pwr & U.... 49% 48% 497'a 47% Gen Oas A 67a 5% 6 5% Inti T ti T.... 29% 29% 29% 28% Natl Pwr & L 1... 35% 34 34 34% No Amer Cos. .. 857* 847i 357* 84 Par Gas & EL. 49 48% 49 t 48 Pub Ser N J.... 8414 827, 84% 82% So Cal Edison 48% 47 4874 48% Std G& E! 75% 74% 75 73 United Corp 224* 21% 22% 21% Ut Pwr & LA... 27 257* 27 26% West Union ...138 137 137 13774 Am hl ?nti n 2474 247 4 2474 23% Atl Gulf & W I . ... 15% United Fruit... 69% 687, 69% 697* ArrMSug - 42 41 * Armour a! 374 3% 3% 37a Beechnut Pkg 50 cln p DGS2% % 52% ‘m.% Cont Baking ’ A." 22% 22 22% 22% Com Prod 7774 76% 77% 76% Crm Wheat 29 28% Cudahy Pkg 3®?;s Cuban Am Bug .. ... 4% 474 Gen Foods 5074 5074 507 * 50 Grand Union.... .. ... 10% 1074 Hershey 8274 81 8274 81 Jewel Tea .. ... ••• 42% Kroger 24% 247* 2474 25 Nat Biscuit 7874 78 78 7674 Pillsbury 30 30 Safeway St ... 52% 53 Std Brands 16% 1674 16% .•• Ward Bkg 5% Drugs— Cotty Inc 127a 1274 Lehn Sc Fhik’!!! 23% ‘2374 ‘23% 23% Am n ßk*dato , r S_ .-. 22% 21% 22 74 21% Bush Term 27 2674 Certainteed • • 4 If Gen Asphalt.... 31% 31 3174 30% Otis Elev 6074 60 607* 597* AlHed U £niem m !7?2l4>4 210 214 20774 Com Solv 18% 18% 18% 18 Union Carb .... 65% 63% 64 63 U S Ind Alco.. 65% 6474 65% 6374 Retail Stores— Assoc Dry Gds 2974 29*4 2972 ... Gimbel Bros ... 7 67* „ 6% 7 Kresge S S 2774 27 27 26% May D Store... 367* 3674 36*4 3a% Mont Ward .... 2474 23% 23% 23% Penny j C .... 39 7, 39 74 39 % 39% Schulte Ret St. 53% 52 3 /* 5274 574 Sears Roe 51% Woolworth 627 a Amusements— Bruns Balke 13% Col Graph 13% 12% 13% 1274 Eastman Kod .. 190 188% 190 187 Fox Film A .... 3874 377a 3774 37% Grigsby Gru ... 574 5 % 5% 5% Loews Inc 58% 567* 5874 55% Param Fam .... 49% 48% 4874 48 Rllo Corp .... 23% 22% 2274 22 : R-K-O 21% 2174 2174 20% Schubert 8 Warner Bros .. 21% 2074 20% 2074 Miscellaneous— City Ice &Fu 36% 37 Congoleum 774 8 Am Can 11874 life 11874 11574 Cont Can 49 4774 ’ 4874 4774 Curtiss Wr 4% 4 474 4 Gillette SR ... 38 37% 3774 37 Real Silk. 38 37 74 3 8 3 674

Net Changes

Bn United Press NEW YORK, Oct. 23.—Closing prices and net changes on principal stocks traded on the New York Stock Exchange today follow: Up. Off. Alleghapy 115'/g 2% ... American & Foreign Power. 39 IVi ... American Telephone 198% 2% ... Bethlehem Steel 73 % ... Case .... 124’/2 5% ... Chesapeake & Ohio 402% ... Consolidated Gas 9414 1 Erie 30% 3% ... Fox Film A 37Vs 1% ... General Electric 50% 1% ... General Motors 34% 1 Houston Oil -... 46 Vi ... Loew’s Inc i 5514 1% ... National Power 34% 3% ... New York Central 135 ... Ms Pennsylvania Railroad .... 66 unchanged Pere Marquette 99% ... 20 Radio 22 l'/a ... Radio Keith 20% 1% ... Sinclair 13% % ... Standard Oil New Jersey.. 53% % ... United Corporation ; 21% ... V* United States Steel 146% 1% ... Vanadium 50 1% ... Westinghouse Electric 103% 2% ... Chicago Stocks Opening (By James T. Hamill & Cos.) —Oct. 24 Assoc Tel Util.. 20%]Elec Hshld 24% Mendix Avia... 17 3 /*;lnsull com 44% Borg Warner... i6%,lnsull pld 84 Cord Corpn ... 4%ilns 6's 1940... 94% Con Ch Cp com 9 iMa.l Hshld .... 15% Con Ch Cp pfd 43%sMidl Un com... 22% Ch Cpn p1d.... 40% Middlew com... 21 Chgo Sec 17%: Swift & Cos 28% Gen Thea Eauip 22 I Swift Internat’l 31% Grigsby Gru.... 5%iU S Radio & Tel 15% Houdi B s%iUtil & Ind com. 7% Other Livestock By Times Special LOUISVILLE. Ky„ Oct. 24.—Hogs—Receipts, 900: market, steady to 20c lower; 300 lbs. up, $9.05; 200-300 lbs., $9.70; 175-200 lbs.. $9.30; 130-175 lbs., $8.00; 130 lbs. down. $7.25: roughs. $7.75; stags, $6.75. Cattle—Receipts. 300: market, slow; prime heavy steers. $8(89.50: heavy shipping steers. $6.50(<i8: medium and plain steers, [email protected]; fat heifers, [email protected]; good to choice cows. [email protected]: medium to good cows, $3.50((£4; cuters. [email protected]; canners, $23: bulls. $3(45: geeders, [email protected]; Stockers, $4(86.25. Calves—Receipts. 200; market, isteady; good to choice. $8.50 V 11; mediums. $6.50(88; common to medium, $3.50(716.50. Sheep—Receipts. 200; market, steady; ewes and wether lambs. $7.50; buck lambs, $6.50; seconds. $4#4.50; clipped sheep. $2.50(43.50. Thursday’s shipments— Cattle. 161; calves, none; hogs, none; sheep, none. By United Press EAST BUFFALO. N. Y.. Oct. 24.—Hogs —Receipts, 2,600; holdovers bCO; lairly active to all interests, generally steady, bulk desirable 160-210 lbs.. $10,154 10.2 j. iew 230-250 lbs. $10.35; weights betow 140 lbs. $10; packing sows, $8,5049. Cattle —Receipts, 250; market, slow, cows steady, grass steers and heifers, unsold; cutter cows, $2.50@4. Calves— 400; vealers, unchanged; good to coice, $144 14.50; common and medium, s9@ 12. Sheep —Receipts, 5,200; holdovers, 1.600; lamb trade at standstill, most bids, $1 lower, few good to choice ewes and wether lambs, j>B; medium kinds. $7. By United Press EAST ST. LOUIS. HI.. Oct. 24.—Hogs— Receipts, 9,500; market uneven, steady to 15c lower, mostly 5 to 10c*off; pigs strong; sows steady to weak: Mulk 170-230 lbs., $9.60 to 9.70; mostly $9.65 down; top, $9.80; most 100-150 lbs.. $9 to $9.50; sows $8 to $8.75. Cattle—Receipts, 700; calves. 700: vealers steady at $13.50: not enough steers on sale to mal e a market; other classes steady. Sheep—Receipts, 1,000; market, slow; few fat lambs to city butchers, $8; packers not operating. By United Press \ CLEVELAND. 0., Oct. 24—Hogs—Receipts, 1,400; holdovers, none: mostly 5(8. 10c lower on 180-250 lbs. ani $10.15 and 160-180 lb. offerings at $9.90; spots on sows, stags and pigs 25c off. bulk pigs. $9.50; rough sows downward to $7.50; stags. $5.50. Cattle—Receipts, 250; weak to 25c lower; common steers around [email protected] value predominating, low cutter and cutter cows. [email protected], few common bulks, $5.25. Calves —Receipts, 200; active and strong on better grade vealers, but others dull continuing weak, good to choice kinds, $14.50© 15; culls and medium around $8(812. Sheep—Receipts. 2,400, fat lambs weak to 25c lower than Thursday's late trade, 50ir75c below opening sales, good to choice around SB4 8.20, $6 a popular quotation on throwouts. Building Permits Hunter Wood, reroof, 3247 Graceland, S3OO. A. E. Krewitt. dwelling and garage, southeast corner Oxford and Brookside parkway. SB,OOO. D. Ramsey, garage. 2848 North Olney. $260. '■ Mary Johnson, dwelling. 147 West Fortieth. $5,500. | Aviation \ Arrivals and Departures Mars Hill Airport—Clarence F. Cornish and Walker W. Winslow, returned to Indianapolis from St. Louis, Challenger Robin; Lieutenant D. D. Watson, Indiana national guard, to Ft. Leavenworth, Kan., Douglas plane, return today, one passenger. * Hoosier Airport—Harold C. Brooks, Hoosier airport secretary, J. C. Thompson, airplane motor engineer, Indianapolis to Cleveland, Travel .Ur. DO-X Soon to Start BuUnited Press FRIEDRICHSHAFEN, Germany, Oct. 24.—The Domier Works announced today that the airplane DO-X, largest in the world, would start its long-awaited flight to New York "after Nov.

THE INDIANAPOLIS TIMES

SWINE MARKET MOVES LOWER AT CITY YARDS Not Much Change in Cattle Prices; Sheep Trades' Sell Down. Oct. Bulk. Early Top. Receipts. 17. 8 [email protected]. *10.15 6.000 18. 10.00 ft 10.30 10.30 - 3.000 20. 10.00 ft 10.20 10.20 7,000 21. 9.60® 9.75 9.85 7.500 22. 9.50® 9.55 9.85 5.500 23. 9.70® 9.95 10.00 5.000 24. 9.55® 9.80 9.90 7,500 The hog market showed a decline at the city stockyards this morning with prices generally 15 cents lower than Thursday’s best best time. The bulk, 160 to 300 pounds, were selling at $9.55 to $9.80. Early tops at $9.90. Receipts were quoted at 7.500. Holdovers 343. Cattle prices were mostly steady with little change. She stock lower. Vealers were selling unchanged at .$13.50 down. Cattle receipts, 650. Veals were 700. Sheep and lambs mostly 50 cents lower than Thursday’s average. The bulk, of good and choice lambs sold at $6.50 to $7.50. Large heads sold up to SB. Receipts were estimated at 1,500. Chicago hog receipts 16,000, including 1,300 directs. Holdovers, 9,000. Market fairly active, opening around steady with Thursday’s best prices. Good to choice hogs weighing 180 to 200 pounds, sold at $9.60 to $9.70. Choice of 225 pounders were selling at $9.85. Cattle receipts 2.500. Calves 1,000, and strong. Sheep 21,000, and weak. HOGS Receipts. 7,500; market, lower. —Light Lights—-(l4o-160) Good and choice....* 9.25 —Light Weights—-(l6o-180) Good and choice.... 9.55 (160-200) Good and choice.... 9.65 —Medium Weights—-(2oo-220) Good and choice.... 9.70 (220-250) Good and choice 9.70® 9.85 —Heavy Weights—-(2so-290) Good and choice.... 9.80® 990 (290-350) Good and choice.... 9.50® 9.80 —Packing Sows—-(27s-500) Medium and g00d... 7.75® 9.00 (100-130) Good rv.d choice 8.50® 8.75 CAXJCLE (Slaughter Class) —Steers— Receipts, 650; market, steady. (600-1.100) Good and choice $10.50® 13.00 Common and medium 6.00®10.30 (1.100-1.500) Good and choice [email protected] Medium 7.00® 10.25 —Heifers—-(soo-850) Good and choice [email protected] Common and medium 5.50® 9.50 Good and choice 5.50® 7.50 Common and medium 4.00® 5.50 Low cutters and cutters 2.50® 4.00 —Bulls (yearlings excluded.) Good and choice beef 5.00® 6.75 Butter, common and medium.. 3.50® 5.00 CALVES AND VEALERS Receipts,- 700 j market, steady. Good and choice [email protected] Medium 9.00®12.50 Cull and common 6.00® 9.00 —Calves—-(2so-300) GooiTand choice ...: 7.50® 10.50 Common and medium 5.00® 7.50 STOCKER AND FEEDER STEERS <SOO-600) Good and choice $ 5.00® S.OO Common and medium 4.00® 6.00 (800-1.050) Good and choice 6.00® 8.00 Common and medium 4.25® 6.00 SHEEP AND LAMBS Receipts. 1,500; market, lower. Good and choice $ 6.50@ 8.00 Common and medium 4.00® 6.50 —Ewes— Medium and choice 2.50® 4.00 Cull and common I.oo® 2.50 Other Livestock By United Press CHICAGO, Oct. 24.—Hogs—Receipts. 16,000, Including 2.000 direct; opened fairly active, around steady with Thursday’s average; top. $9.90; bulk, 180-300-lb. weights. [email protected]; pigs, [email protected]; packing sows. sß®9; light lights, 140-160 lbs., good and choice. $9.15(8,9.60; lightweights, 160-200 lbs., good and choice, $9.35®9.65: medium weights. 200-250 lbs., good and choice. [email protected]; heavy weights, 250-350 lbs., good and choice, [email protected]; packing sows, 275-500,,1b5., medium and good, $7.75 @9; slaughter pigs, 100-13 P lbs., good and choice, 59ft9.50. Cattle—Receipts, 2,500; calves, 1,000; steady on most killing, classes; no choice steers here; best $11.25; common and medium grades, s6ft;9; shestock very uneven; cows fairly active, but butcher heifers at $5.50(87.50; dull; very little beef run: steers, 600-900 lbs., good and choice. $11.50(813.50; 900-1,100 lbs., good and choice, $10.25(813.50; 1,100-1,300 lbs., good and choice. [email protected]; 1.3001,500 lbs., good and choice. $9.25®12.50; 600-1,300 lbs. common and medium, s6@ 9.50; heifers, 550-850 lbs., good and choice, [email protected]; common and medium, $5(810; cows, good and choice, $5.50@8; common and medium, [email protected]; low cutter and cutter cows. [email protected]; bulls, yearlings excluded, good and choice beef, *5.75® 6.75; cutter to medium, [email protected]; vealers, milk fed, good and choice, $i0(812.50; medium. $8@10; cull and common, $6.50@8: stocker and feeder cattle, steers. 500-1,050 lbs., good and choice. [email protected]; common and medium, ss@7. Sheep—Receipts, 21,000: very slow, 25@50c lower; feeding lambs steady: few native ewe and wether lambs. $7.75 to packers; best held at 800 and above; feeders. $6.75ft7.10; lambs, 90lb. down, good and choice, $7(88.50; medium, s6®7; all weights common, $4.50®6; ewes. 90-150 lbs,, medium to choice, s2® 3.75; all weights, cull and common, sl® 2.50; feeding lambs, feeding lambs, 50-75 lbs., good and choice, [email protected]. Bn United Press CINCINNATI, 0., Oct. 24.—Hogs—Receipts, 6,200. including 1,900 direct; holdovers. ‘-00; hogs averaging 200 lbs. and better, 25@35c lower, fairly active at the decline; light weights, 25c lower; light lights, unevenly steady to 25c lower; better grade, 200-250 lbs,, largely $9.90; some 180-200 lbs.. [email protected]; 160-180 lbs., mostly $9.50- 130-150 lbs., 59.25<ii9.50; sows, 25c lowef; $7.75 to mostly SB, some $8.25. Cattle Receipts, 850; holdovers, 850; calves, receipts, 325; very slow, mostly catch as catch can trade, on steers and heifers; few early sales steady to weak; odd lots of fewer grades, $4.50@7; some in-between kinds, $7.50(8,9.25; beef cows, slow, [email protected]; low cutters and cutters, strong to 25c higher early; bulk, $2.75® 3.75; all of them lost later, bulls $6 down with weak undertone, good and choice vealers, steady, *[email protected]; common and medium kinds, weak to 50c lower; mostly s7®ll. Sheep—Receipts. 1,200; very draggy, few’ scattered sales fat lambs, mostly 50c @ $1 lower than best kinds Thursday at $7.50 downward; common throwouts generally *[email protected]; few $6; sheep, weak, mostly [email protected]. By United Press PITTSBURGH. Oct. 24.—Rots—Receipts, 1,800; market, steady to 10c higher; 170260 lbs., $10.25(810.35; 140-160 lbs., sloft 10.25; most- pigs [email protected]; bulk packing sows, [email protected]. Cattle—Receipts, 15: market, nominal. Calves—Receipts. 150; market, weak to 50c lower; better grade vealers, sll @l4; medium grade, $7.50® 10. Sheep—Receipts, 1,500; market, slow; few choice lambs, $8.50, stead. . By United Press FT. WAYNE. Ind., Oct. 24.—Hog market steady to 5c lower: 120 lbs. down, $8.50: 120-140 lbs., $8.75; 140-160 lbs., $9; 160-180 lbs., $9.35; 180-200 lbs.. $9.45; 200-225 lbs., *9.55; 225-250 lbs., $9.65; 250-300 lbs.. *9.75: 300-325 lbs.. $9.50; 325-350 lbs., $9.25; 350-400 lbs., $9; rdlighs. $7.75; stags $5.50; calves. *l3: lambs. $7.

1 ——■ ■■■■■ ■ ■— Cities Service Securities HENRY L. DOHERTY & CO. R. S. NORDYKE, Mgr., Local Office *O3 Fletcher barings ft Trust Bldg. Phone Lincoln 75M-3543

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS ’’few York Stock Exchange Chicago Stock Exchange New York Cotton Exchange Chicago Board of Trade New Y'ork Curb Association Rooms 200-214 Circle Tower Telephone Lincoln 5501

Dow-Jones Summary

LONDON—New York cables opened at 4.85 15-16 against 4.85 29-32 Paris checks 123.82. Amsterdam 12.0§7. Italy 92,815, Berlin 20.395. Crown Zellerbach Corporation declared regular Quarterly dividends of *1.50 on A and B preferred stocks payable Dec. 1. record Nov. 13. Daring September. *83,603,500 of new bnilding and engineering working contracted for in New York state according to F. W. Dodge Corporation against *82.504.700 in August and *62,004,200 in September, 1929. Nine months $727,408,100 against $881,043,000. General Foods Corporation formerly Postum Company, third auarter net 92 cents a share on 5.288,795 shares against 88 cents a share on 5,284.649 shares in preceding Quarter and 95 cents a share on 5.248.264 shares In third 1929 quarter. For nine months *2.93 a share on 5,288,795 shares against $2.83 a share on 5,248,624 shares. General Railway Signal Company third auarter net *2.33 a common share against $1.72 a share in preceding auarter and $2.83 a share in like 1929 quarter. For nine months $5.36 a share against *5.53 a share. Caterpillar Tractor Company declared extra dividends of 25 cents and regular quarerly dividends cf 75 cents on common both payable Nov. 29, record Nov. 15. For nine months ended Sept. 30, net profit $6,137,301 after depreciation. Interest, federal taxes, etc., against $7,550,855 In first nine months of 1929. September quarter net profit $514,336, against $2,271,424 In third quarter, 1929. Warner Company in quarter ended Sept. 30, earned $1.29 on 234,000 shares common against $1.82 on 203 000 shares 1 nthird quarter cf 1929. Nine months earnings were $2.75 a share on 234,000 common shares. Atlantic Coast Line Cos., holding company. For year ended June 80, 1980, earned $10.48 a share the same as in preceding year. During week ended Oct. 21. Chicago & Northwestern handled 35,037 revenue cars, against 37,323 previous week and 46,535 in like week. 1929. New England Telephone and Telegraph Company nine months ended Sept. 30, net profit $8,510,237, after charges and taxes against $8,804,904 In first nine months of 1929. September quarter net profit $2,687,142 against $2,885,709 in September quarter of 1929. September gross earnings of Minneapolis & St. Louis Railroad were $1,260,254 and net operating revenues after expenses were $384,298. New York. Ontario & Western September net operating income • $188,991 agalivst $122,910 In September. 1929, Nine months $845,249 against $000,986. Tennessee Electric Power including subsidiaries. September net after taxes, 503,483 against $554,158 In September, 1929. Twelve months surplus after preferred dividend, $2,537,541 against $2,378,519. Delaware, Lackawanna & Western, September gross $5(640,598 against $7,120,054 In .September, 1929. Net operating income $951,508 against $1,854,803. Nine months gross $52,395,740 against $61,106,465 and net operating income $8,247,776 against $12,522,330. LONDON—Bar Silver 16V*D, up UD: forward 16'/*D, up %D; gold bars 84s 11%D, off %D. Reporting member banks in New York City report loans on securities $3,350,000.900, against $3,640,000,000 a week ago. All other loans $2,496,000,000, against $5,535,000.0. Total loans $6,46,000 000, against $6,175,000,000. Sterling cables opened 4.85 15-16, up 1-16; Francs .0392 7-16, marks 2382%, up 1%; Spain 1068, up 21. Brokers loans declined $139,000,000 In week to $2,613,000 000 new low for fourth consecutive week and lowest since Nov. 24. 1926. Federal reserve system ratio at 82.1 per cent agains 90.9 per cent week ago and 74.5 per cent year ago. New York ratio at 87.2 per cent against 82.6 Ser cent and 85.7 per cent respectively. o anonuncement on New York rediscount rate, which remains at 2*/* per cent. Celluloid Corporation declared regular quarterly dividends of $1.15 each on preferred and participating first preferred stocks,; both payable Dec. 1, record Nov. 10.

Indianapolis Stocks

—Oct. 24 Bid. Ask. Am Central Life Ins Cos 900 Beit R R S Yds Cos com 49 53 Belt R R & S Yds Cos pfd 6% 52 Bobbs-Merrill Cos 28% Central Ind Power Cos pfd 7% 86 92 Circle Theater Cos com 7%....106 Citizens Gas Cos com 10%.... 23% Citizens Gas Cos pfd 5% 98 103 Commonw Loan Cos pfd 8%... 100 Commonvv Loan Cos pfd 7%... 97 101 Hook Drug Cos com 21 Ind Hotel Cos Clavpool com.. 125 Ind Hotel Cos pfd 6 % 100 Ind Serv Corp pfd 6% Indpls Gas Cos com 6% ... 58 62 Indpls Pow & Lt Cos pfd 6%...104 106 Indpls P Weif L As com 8%.. 53 Indpls St Railway Cos pfd Ir.dpls Wa Cos pfd 5% 101% 104 Int Pub Serv C pfd 7% 100% 101 Inter Pub Serv Cos pfd 6%...100% 101 Metro Loan Ca 8% 100 Northern Ind Fu Sv Cos 5%%. 91 95 No Ind Pub Serv Cos pfd 6%.. 99 1"2 No Ind Pub Serv Cos pfd 7%..107% ... Progress Laundry Cos com 41 45 E Rauh & Sons Fer Cos pfd 6% 47 Real Silk Hos M Inc pfd 7f.. 90 Shareholders Investors Cos 21 Standard Oil Cos of Ind 40 Terre Haute Trac. Light 77 Un Title Cos com 3% 27 Van Camp Prod Cos Ist pfd 7% .. 90 Van Camp Prod Cos Ist pfd 8% 101 BONDS Bid. Ask. Belt R R & St Yds Cos 4s 93 Broad Ripple Trac Cos 55.... 25 ... Central Indiana Gas Cos 55.... 99% ... Central Ind Power Cos 65... 98 ... Citiens Gas Cos 5s 100 Citizens Street Railroad 55.. 31 ... - Gary Street Rv Ist 5s 69 Home T & Tof 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 Indpls Gas Cos 5s 100 103 Indpls & Martinsv Ra Tr Cos 5s 12 Indpls & Northw Trac Cos 55.. 7 Indpls Street Rv 45... 13 Indpls Trac & Term Cos 55.... 69% ... indpls Un Rv 5s 102 Indpls Wa Cos 5%s of '53....103 104% Indpls Wa Cos 5%s of '54 103% 104% 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 ss. . 98 Inter Pub Sv Cos B 6%s 105 No Ind Pub Serv Cos bs 102 No Ind Telenli Cos 6s 98% 100 Ter Hte Indpls & East Tr Cos 5s .. ... Ter Haute Tr dt Li Cos 5s 80 ... —Sales—--10 Shares Int Pub Serv Cos pfd 7rl at. 100% 10 Shares Int Pub Serv Cos pfd 7%> at.lol 1 Share Broad Ripple Trac Cos 53. at.. 30 1 Shares Broad Rippje Trac Cos. 53. at 28 ANTI-SALOON LEAGUE ASKS PADLOCK ORDER Liquor Violation Charge Basis of Suit to Close Residence. Suit to padlock the residence of Charles Le Fever at 2332 West Michigan street, charging the occupant with violation of prohibition laws, was filed today in superior court three by attorneys for the Indiana A t nti-Saloon League. In addition to the closing order, attorneys seek S2OO fees for bringing the suit. Mr. and Mrs. Francis Berry, owners of the property, are named defendants with Le Fever.

WEAK REPORTS SEND FUTURES MARKETDOWN Wheat Shows Resistance in Face of Liverpool Decline. By United Press . CHICAGO, Oct. 24.—Despite exceptionally weak Liverpool cables and favorable foreign news, wheat showed stubborn resistance on the Board of Trade today and sagged, but the smallest of fractions. Liverpool was weak and sharply lower on. the favorable weather in Australia and the increased acreage in Argentina. Selling pressure was very light and buying moderate. Corn suffered a similar loss while oats were practically unchanged. At the opening wheat was V* cent low, ccr.i was down to % cent and <mbs were unchanged to % cent off. Provisions were steady and quiet. Liverpool opened sharply lower than expected and at mid-afternoon was down % to lVa cents. Buying in the last'several days has been the best in some time*- Eastern interests seem to have taken the lead. There was considerable buying Mte Thursday on the rumor that the Volstead act might be amended to provide employment for a large number of men, but this has been denied today by Washington. Foreign advices are favorable. Bulls in corn have been taking advantage of advances to secure profits and on breaks they reinstate their lines. Traders expect a large increase in the movement and this is holding the market from a permanent advance. Country marketing has not been large and indicates lurge farm feeding. Buying of old December and selling old May has featured oats trading recently, and this and the disposition to take profits on advances keeps the market on a fairly even keel. Action is not large. Chicago Grain Table —Oct. 24WHEAT (old) Prev. Hißh. Low. 11:00. close. Dec. 80% .79% .80% .80% Mar ...’S... .84% .83% .84 .84% May 85% .85% .BE% .85% July .36% .86% .86% .86% CORN (old) Dec 78% .78 .78% .78% GJar .80% .79% .80% .80% May 83 V* .80 .80 .83% July,., 84% .84 .84 .84% OATS (Old) Dec 37 .36% .36% .36% Mar 38% May 39% .39% .39% .39% RYE (old) Dec 49% .49% .49% .49% Mar 53% .53% .53% .53% May 55 .54% .55% .55% LARD— Dec 10.62 May 10.65 By Times Kvecial CHICAGO. Oct. 24.—Carlots: Wheat, 12; corn. 130; oats. 29; rye, 1. and barley, 7.

Local Wagon Wheat

Citv grain eleavtors are paying 76c for No. i red wheat and 70c for No. 1 hard wheat. New York Curb Market —Oct. 24. 11:30! 11:30 Am Com Pwr .. 18 iMo Kan Pipe ... 9% Am Gas & E 1... 92% Mt Prod 6% Am Lt & Tr... 50%|Nat.ional Av ... 5 Ark Gas 7%iNational Xnv ... 6% Brazil P & L... 26 I Nat Pub Serv A 19% Can Marc 3% Nia Hud Pwr ... 12% Cities Serv .... 24',8iNoranda ... It l /* Cons Gas 94% Penroad 7% Crocker <& Wh 8% Prince & Whtly 1% Durant Mot ... 54 1 / B , Sel Indus 3% Ford of Can ... 20 (Shenandoah ... 6% Ford of Eng ... 16% Std of Ind .... 40% Goldman Sachs 1 Gulf Oil . 81%,Trans Air Trans 6% Hduson Bay ... 5 iun Gas new ... 9% Humble Oil ... 73%!Un Lt V Pwr A 29% Ind Terr A .... 22>/*IUt In Ind 8 Insull Ut 43% jUt Pxvr 12% Int Pete 6 6i6|. 14%j Vacuum Oil ... 62% Midwest Ut ... 21 (Walgreen 24% Marriage Licenses Flqvd E. Pope. 21. of Camby. laborer, and Mary A. Record. 22. of R. R., Box 193. Calvin Terry. 27, of Ladoga, farmer, and Catherine E, Ley, 19, of 3961 Fletcher. Clark B. Jennings. 67, of Boone county, farmer, and Mary E. Ratliff. 61. of Camby. Eugene C. Wall. 22, of 1032 West Thir-ty-second. druggist, and Geneva O. Creager. 19. of 1436 North Pennsylvania, clerk. Harrv R. Seagle, 30. of 1118 Park, salesman. and Sealas P. Hamilton, 30. of 1459 Broadway. J. Blain Self. 32, of 1317 Pleasant, laborer, and Edna M. Johnston, 27, of 1317 Pleasant. M. Edward McCarthy. 32. of 819 North Grav. chauffeur.-and Mary*E. Connor. 26, of 217 North Warman. r> Noble Penrose. 28. of Zionsville, butcher, and Eula M. Shackelford. 22. of 3724 Northwestern. John R. Furry. 23. of 335 North Ritter, agent, and Marjorie E. Thurber, 20. of 40 North Lexington. • George W. Kreischer. 21. of 112 East St. Clair, dairyman, and Ruby Misamore, 17. of 112 East St. Clair. Noah Clav. 50. of 812 W. Walnut, clerk, and Hattie M. Starks, 49. of 721 West Twenty-sixth.

r Budweiser Malt Scores In Every Field ' Budweiser Barley-Malt Syrup is a winner everywhere—primarily because it is free.from substitutes, fillers, artificial coloring, adulterants or artificial flavoring. It is 100 per cent . pure. It is this inherent quality that wins. The immense resources and facilities of one of America’s greatest industries stands behind 4jjC 1 Budweiser Malt and guarantees every single x drop perfect. The Best Money Can Buy, &|ij§Ly Anheuser-Busch Budweiser ’ LIGHT 0R DARK RICH IN BODY— NOT BITTER my Makes Good Foods Better Sold by grocers and dealers everywhere ANHEUSER-BUSCH - - ST. LOUIS MUM * Also Maker t oj Butch Extra tjky Ginger Me

The City in Brief

SATURDAY EVENTS Beta Theta Pi luncheon. Board of Trade. Siema Alpha Epsilon luncheon. Chamber of Commerce. With only one of the state’s three prominent college football elevens playing in the midwest this weekend, the weather man arranged a perfect gridiron afternoon for fans, according to the forecast today by the United State weather bureau here. Temperature probably will rise to slightly more than 50 degrees Saturday afternoon. Skies will be clear. The new third floor addition to the city prison, costing SIB,OOO, which was opened Thursday, has one inhabitant today. He is John Lockhard, Shelbyville, returned from Columbus Thursday to face a charge of issuing fraudulent checks in Indianapolis. A silent bandit robbed Gerrge Todd of the Todd Brothers grocery, 812 East Twenty-seventh street, of $25 Thursday night, according to reports' to police. Todd told officers the bandit said'nothing, but displaying a revolver, walked to the cash register and removed the contents. Joseph V. Stout was elected president of the Highland Golf and Country Club at a meeting of club directors Thursday. Other officers are: Russell L. White, vice-presi-dent; J. L. Roadbaugh, re-elected secretary, and Arthur H. Taylor, treasurer. With approximately 70 per cent of their members already reporting expenditure of SIOO as a boost to Indianapolis trade this week, Indianapolis Lions Clubs continued their business confidence program today. Remaining members of the club are expected to make purchases totaling SIOO each today and Saturday. Wounds suffered when a shotgun in hands of James M. Bond, a hunting companion, discharged accidentally near Connersville Thursday caused amputation of the left leg of Freddie Bryant, 22, of 656 East St. Clair street, who is recovering today in a Connersville hospital. Commercial telephone service between Indianapolis and Australia will be available after Monday, Indiana Bell Telephone Company said today. Rate is S4B for three minutes and sl6 for each additional minute. Stanley Coulter Club of Second Presbyterian church Monday night will hear Dr. George S. Snoddy, Indiana university psychology department, on “Some Aspects of Personality.” Dinner will be served preceding the meeting.

Produce Markets

Eggs (Country Run)—Loss off delivered in Indianapolis. 20c: henery auaiitv No. 1. 23c: No. 2. 14c. . Poultry (Buying Prices)—Hens, weighing "5 lbs. or over. 19c; under 5 lbs.. 17c: Leghorn hens. 13c: springers, 5 lbs. or over. 19c or under 5 lbs., 17c; duexs. springers, 12c: old cocks. 9@llc: ducks, full feather fat white. 11c; geese. Bc. These prices are for No. 1 top duality Quoted bv Kingan & Cos. Butter (wholesale) —No. 1. 41@42c: No. 39@40c. Butterfat—4oc. Cheese (wholesale selling orlce per pound)—American loaf. 31c: pimento loal. 32cc: Wisconsin firsts. 27c: Longhorns. 34c: New York Limberger.. 36c. Bn Tjiited Press CINCINNATI, 0.. Oct. 24.—Buttersteady; creamery in tub lots according score, 37ft 38c; common score discounted 2ft3c: packing stock No. 1. 30c; No. 2, 25c; No. 3.15 c; butterfat, 36®38c. Eggs— Steadv; cases Included: extra firsts, 35c; firsts,’27c; seconds, 25c; nearby ungraded, 31c. Live poultry—Thin and coarse stock sells only at heavy discount; fowls 5 lbs. and 22c; 4 lbs. and over, 19c; 3 lbs. and over, 15c; Leghorns. 3 lbs. and over, 13c; roosters, 13c; colored fryers over 3 lbs.. 21c; broilers, colored, over 2 lbs., 21c: broiiers. IV* lbs. and over. 25c: Leghorns and Orpingtn broilers, 1% lbs. and over. 22c: broilers partly feathered. 15c; Leghorn and Orpington fryers over 2 lbs., 17c; roasting chickens 4 lbs. and over, 23c; black springers, 15c.

New York Bank Stocks

—Oct. 23Bid. Ask. America 79 80 V* Bank of United States.... 29% 30% Bankers 122% 123',* Brooklyn Trust 615 620 Central Hanover ..4 260 266 Chase National 111% 112% Chatham Phoenix Natl... 88 90 Chemical 57% 58 Citv National 123 124 Corn Exchange 146 149 Commercial 280 295 Continental 19% 20V* Empire 59 61 First National 4.125 4,200 Guaranty 504 508 Irving 4040 V* Manhattan & Company.... 93% 94% Manufacturers 65 66 New York Trust 193 195 Public 80 82 Chelsea 22 25

PAGE 21

YOUNG CLIMBER AT CUURT WOUS QUEEN;BOTH DIE Royal Consort Slipped on Banana Peel; the King Gets Revenge. BY WALLACE CARROLL United Press Staff Correspondent LONDON, Oct. 24.—They were whispering the tale around in simian society circles in London today of a king’s honor and how it was avenged, and of a proud queen who slipped on a banana peel. High on the summit of Monkey hill in the green domain known as Regent's park. King Mumbo ruled the baboon tribe and ruled it well, though he was old and fat and even a bit cockeyed. The king had three wives, all of whom were comely and fair to look upon. But his favorite was Alombo, a she of consummate grace and distinction, for she came of a family tree that was as famous in baboon annals as it was densely populated. The tale they told involved Queen Alombo and a certain young climber at court called Oombah. Young, Glib of Tongu# Oombah was young and strong and glib of tongue, although that never brought him any extra peanuts. He was taken by the beauty of the queen and determined to have her for his own, after the manner of the jungle. He laid his plans skilfully. He knew King Mumbo took a siesta each afternoon. None dared disturb the monarch then, and that was the time Oombah chose to court the royal consort. Accordingly, one afternoon when the king lay sleeping, his tail knotted around a branch, Oombah clambered lightly to the branch where Queen Alombo sat sunning her auburn fur. Oombah offered the queen a bit of banana peel which he had saved from the noonday meal. The queen, struck by this act of devotion, invited the younrr man to accompany her on a scamper through the foliage. She had admired his ability to hang by his tail for hours without getting dizzy, and was glad to know him better. Cause Much Gossip Day after day Oombah and the queen spent hours together, and many a rare bit of gossip got about the court. Bug none dared tell the king, and they say for a long time he never knew. Came a day, however, when Mumbo could not sleep. He was restless and went for a stroll, an unprecedented procedure. He came upon Oombah and the queen carrying on their courtship. Bellowing with rage he called the royal simian guard and through the tree tops they i’lew after Oombah and the luckless queen. Oombah fought with all hismight, but in the end was tossed broken to earth. The queen was* put to death by royal command. Keepers of the zoo later that day came across the torn body of the bold Oombah. They suspected it was a case of “cherchez la femme,” and found the woman, also dead. The upshot of it was that a decision was announced by the keepers of the zoo that co-education among the apes was a failufe, and put the remaining wives in a separate cage, TURNER GYM VICTORY WILL BE CELEBRATED National Triumphs to Be Cited at Party Here Tonight. Victories scored by Indianapolis Turners’ young men’s class at the recent national gymnastic tournament in Buffalo, will be celebrated at a party tonight in the Kellersaal of the Athenaeum. Speakers will include Emil Rath, dean of the North American Gymnastic Union; Leo W. Rappaport, attorney; Ernest A. Senkewitz, Turners’ physical director; Alfred Baumgart, class leaded, and Erwin Happersberger, president of the organization. A musical program has been arranged. Diplomas, wreaths and medals will be presented various winners in gymnastic events.