Indianapolis Times, Volume 42, Number 155, Indianapolis, Marion County, 7 November 1930 — Page 21

NOV. 7, 1930.

STEEL SHARES CONTINUE DOWN IN LIGHT TRADE Losses Range From 1 to 3 Points as Favorite Weakens.

Average Stock Prices

Average of thirty Industrials for Wednesday was 179 #l. off 5 58. Average Os iwentv rails was 11168, off 1.53. Average of twenty utilities was 65.30. off 2,80. Average of forty bond* was 95.89. off .15. Bv United Press NEW YORK, Nov. 7.—United States Steel common stock saqk to anew low since 1928 near noon on the stock exchange today at 141%, off 1%. The entire industrial and railroad list dipped to lower levels. Losses ranged from 1 to 3 points. Trading volume was relatively quiet, although it was picking up. Heavy selling was noted in the railroad shares, where prices were down as much as 3Vi points in the case of Atchison, which touched a new low since 1928 at 192. New York Central made anew low since 1926 at 131, off 4; Baltimore & Ohio since 1924 at 77',, off 1 Vi; Union Pacific since 1927 at 185%, off 6%; Mlssouri-Kansas-Texas since 1924 at 22%, off %; Southern Railway since 1926 at 65, off 2: Pennsylvania since 1928 at 62%, off 1%.

Bank Clearings

—Friday. Nov. 7 INDIANAPOLIS STATEMENT (Hearings $3,515,000.00 mbi.. 8.235.000.00 CHICAGO STATEMENT A ll United Press ... „„„ „„ Balances 5.500.000.00 NEW YORK STATEMENT Clearings $1,007,000,000.00 Balance 131.000.000.00 Fdl. Res. Bnk. Cr. Bal 127,000.000.00 TREASURY STATEMENT Net balance for Nov. 5 $181,659,489.84 Expenditures 5.588.985.42 Customs rects. month to date 4.109,354.53

New York Curb Market

(By Thomson A McKinnon) —Nov. 7 11:301 11:30 Am Com Pwr A. 17 |Midw Ut 20% Am Gas & El.. 82% Mo Kan Pine.. 9% Am Lt A Tr... 48% Mt Prod 6% Ark Gas 7%.Nat Sugar .... 19 Brazil P & L.. 26 Nat Inv 5% Can Marc 2*/*;Nia Hud Pwr... 11% Cities Serv .... 23% Noranda 15% Cons Gas .... 88% Ppnroad 7% Cord 4% Prin A Whtlv... 1% Durant M0t.... 1% Sal Indus 3% Elec Bond Bh.. 46 Shenandoah ... 7 Ford of Can.... 20 Std of Ind .... 40 Ford of Eng... 15%iStd of Kv 24*4 Goldman Sachs. 10%jTr Air Tr 6% Gulf Oil 77%tUn Gas (new).. 9% Humble Oil 71% Un Lt & Pwr... 27% Insull Ut 43% Un Verde 7% Tnt Super 25 jut In Ind 8% Int Pete 14% Ut Pwr 10% Lion Oil 9% Vacuum Oil .... 61% Chicago Stocks Opening (Bv James T. Hamill & Cos.) —Nov. 7 Assoc Tel Util.. 20%jElec Hshld 25 Bendix Avia... 16Insull com .... 43% Borg Warner... 16 I Ins 6s 1940 93% Cent So West.. 19 Lion Oil 9% Cord Cornn 4'ilMaj Hshld 9 Con Ch Cos com. 8% Midl Un com... 22 Con Ch Cp pfd. 42% Middlew com... 20*4 Ch pn com 5% Nat’l Sec pfd.. 78 Chgo Cpn pfd.. 40'ilNafl Stand ... 24% Chgo Sec 17%iUit 1& Ind pfd.. 19% Pen Thea 8q... 2044' Zenith Radio ... 3%

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New York Stocks ————— ,Bv Thomson At McKinnon)

-" 0T - 7 “ Frev. Railroads— High. Low. 11:30,, close. Atchison 19514 191'2 192% IMS* Ati Coast Line.- . ... *ls.'* Balt A Ohio. .. 78% 77J4 77% ]% Chesa A Ohio.. 42 40-4 41 }*N Cheea Corp 4* 54% Chi Grt West ... , Chi N West.... 46' 2 4j% 45% 46! C R I A: P . . • ~. Tv i Dei L A W.'!!!I! 96% 95% ,95% 98Vk Dei A Hudaon. . .141 140 140 143 Erie 33*4 31% TSW 33% Erie Ist ofd Great Northern 66 Jj , Gulf Mob A Ohio 1 * Illinois Central ,7®,, Lou A Nash.... .. . -a MK * T 33% 23 M 23% Mo Pacific 39 38 3$ Mo Pacific Did 101 100% 100% 101 N Y Central. 134*a 131 131'a 135 , NY NH As H 86% 85% 85% 87 Nor Pacific .... 55% 54 54 55 Norfolk A West 210% 209 209 211 O As W 6% 5% 5% ... Pere Mara l i?,, Pennsvlvanla ... 64 62% 62 64 • Reading 94 92% 92% 94 So Pacific 103% 101% 161% 103% Southern Ry 6 L. St PJaul B*4 8 * 8% St Paul pfd .... 14% 14 14% 14% St LAt 8 P 70 68 68 % 70% Texas As JJi Union Pacific lj* Wabash ... 18 W Maryland I'.. 12% 12% 12% 12% Equipment*— _ Am Car As Fdy. 35 34% 34% 3a*4 Am Locomotive .. ... ... 30% Am Steel Fd • 29 Am Air Brake S 34% 35% Gen Am Tank. 68 65<4 65 % 66 General Elec ... 49% 48% 48% 49% Gen Rv Signal 61 % Press Stl Car 3% Pulman 57% 57% 57% 57% Westlngh Ar B. . . ... 33% 33 Westtngh Elec. 98% 97% 98% 93V* Rubber*— Fisk I*4 1% 1% IV. Goodrich ... 17% 18% Goodyear 41 40% 43% 41% Kelly Sprgfld 2 2 Lee Rubber 3% ... U S Rubber .... 13 12% 13 12% Motors— Auburn 63% 62 62 63% Chrysler 15% 15 15% 16 Gardner 1% 1% Graham Paige 4% General Motors.. 34 33% 33ys 33% Hudson 18% 18% 18% 18% Hupp ... 8 8% Mack ... ... 44 V* Marmon BV* Nash . 27% 28 Packard 8% 8% 8% 8% Reo 9% 8% 9% 9% Studebaker 20% Yellow Truck ... 9% 8% 8% 8% Motor Access— Am Bosch 23 V* Bendix Aviation. 16% 16% 16% 16% Borg Warner ... ... 16% Briggs 15% 14% 14% 15 Budd Wheel 9% 9% 9% ... Eaton 14 13% 13% 14% El Storage B ’ 53% Hayes Body 3% 4 Houda 5% Motor Wheel 15% Sparks W 10% 11 Stewart Warner 17% 17% Tlmkin Roll .... 46’4 43Vs 45% 47%Mining— - Am Smelt 52% 51% Am Zinc 5% 5% 8% 5% Anaconda Cop... 35% 34V* 34% 34% Cal As Hecla .... 9% 9% 9% 9% Cal A Aria ... 83 34 Cerre de Pasco 30 Dome Mines 8% 8% Freeport Texas 33% Granby Corp..., 13% 13% 13% 13% Great Nor Ore.. 18% 18 18’,4 18 Howe Sound 32 Int Nickel 18% 1794 18% 18% Inspiration .... 8% 8% 8% 8% Kcnnccott Cop.. 26% 25% 26% 25V* Magma Cop 22 20% Miami Copper... .. ... 8% 8% Nev Cons 10% 10 10% 10 Texas Gul Sul... 52% 52 52% 51% U S Smelt 21 21 Oils— Amereda ... 22% Am Republic 10% 10% Atl Refining.... 20 19% 19% 19% Barnsdall 14% 14% 14% 15 Beacon 10 Houston 43% Ind Oil ... 16% Indian Refining.. 4% 4 4 4% Mex Sbd 13*5 13 13 13% Mid Conti 18% 17% 17% 18 Pan-Amer (B) 46% 46V* Phillips 21% Pr Oil & Oas 21% Pure Oil 12 12 Richfield 6% 6% Royal Dutch 44% 44 44 44 Shell Un -9% Simms Pt 8% 8% 8% 9 Sinclair 13% 13% 13% 13% Skellv 17% Standard of Cal 51% 51% 51% 51% Standard of NJ 52 51% 51% 52 % Standard of NY. 26 25% 25% 26 Texas Cos 39% 38% 38% 39% Union pil 28 Am Roll Mills 34% Bethlehem 66% 64% 64% 66% Byers A M 43V* 43% 42% 44% Colo Fuel 23% 23% Cruc Steel 57% Inland ... ... 64 ... Ludlum 13% 14 Midland 18% 18% 18*5 18 Repub I & S ... 18% 17%. 17% 18% U S Steel 143% 142% 142% 143% Vanadium 48% 45% 45% 47% Your.gst S&W 31 20% 21 20% Tobaccos— Am Sumatra 6*4 6% Am Tob Anew 110%

Am Tob B new. 113% 111% 111% 113% General Cigar 39% Ltg As Myers B. 88% 83% 85% 88% LorUlard 14 14% Phil Morris 8% Reynolds Tob ... 44% 44% Btd Com Tob ... 3% Tob Pr A 10% 10% Tob Pr B : ... 3% 3% United Clg 4% Utilities— AbltlM 10% Adams Exp ... 30% 19% 19% 20 Am For Pwr ... 17% 36% 36% 38% Am Pwr A L 1... 35 53 % 53% 54*1 AT&T 193% 191% 191% 193% Col Oas As El .. 39% 39% 39Vs 39% Com At Sou .... 9% 9 9 9 El Pwr A U 44 43% 43% 44% pen Oas a 8% 6 6 6% {atl T* T 27% 26% 28% 27% Natl Pwr At LI .. 31% 33% 33% 34% No Amer Cos ... 71% 76% 76% 78*4 Pc Oas AEI ... 48V* 48 48 48% Pub Ser N J ... 77% 78% 76% 77% So Cal Edison 47% 48% Btd OAt El 49% 48% 48% ... United Corp ... 19% 17% 18% 19% Ut Pwr ALA. 34% 24% 24% 25 West Union 137 Shipping— Am Inti Corp .:. 20% 20 20% 20V* Xntl Mtr M pfd .. 15% United Fruit 67 Food*— Am Bug 43% Armour a \. 3% 3% Cal Pkg 53 51% 51% 51% Cjn Dry 43 39 40 44% Childs Cos 32% ... Coca Cola 154% 153% 153% 156% Feeds— Coat Baking A 19% Com Prod 78 .75% 75% 78% Crm Wheat ... 29% 29% Cudahy Pkg , 42% Cuban Am Sug.. .. ... 3% ... Gen Foods 52 51% 51*4 52 Grand Union 12% 12% Jewel Tea 40% gershey 82 81 Kroger 22% 22% 22% 22% Nat Biscuit 77i 77 s: Pillsburv 29% Safeway St 53 52% Btd Brands 16% . Ward Bkg .t, !. ... 3% Drugs— Coty Inc 10% 10% 10% 10% Lambert Cos 83 iw Lehn a Fink 35% 25% Industrial*— Am Radiator ... 19% 19% 19% 19% Bush Term 25 25% Certainteed 3% Gen Asphalt 29% Lehigh Port 15*2 15% Otis Kiev 55% 54*8 54% 55 Indus Cbems— Allied Cheat 196 194% 195V* 197 Com Solv 17% 18% 17% 17% Union Carb 58*4 57% 58 58% U S Ind Alco. 62% 61% 61V* 62% Retail Stores— Assoc Dry Gds 36% Glmbel Bros .... 7 6% 6V4 7 Kresgefi 8 ... 28% May D Store 36% 35% Mont Ward ... 19 Penny J C 38% 38% Schulte Ret St 5 ® 5 Sears Roe 47% 47% 47V4 47% Woolworth 61% 61 Vs 61% 61% Amusements— Bruns Balke 13 % Col Graph ...... 11% 11% u% 11% Crosley Radio.. .. ... . 7> 2 Eastman Kod ..162% 160*4 161 162*F°* im A .... 35% 33% 33% 38% Grigsby Grunow 20% 19% 19% 4% Loews Inc 59% 57% 57** 59% Param Fam .... 47 46% 46% 47% Radio Corp 19% 18%~ 18% 19% R-K-O 21 20% 21 21% Schubert 5% 5% 5% 5*4 W S, r , ner „ Bro< •• 18 ■ 18 18 19% MiscellaneousAirway App 10% 10% City Ice A Fu 36*4 Congoleum 8% 0' Amer Can 113% 112% 112% 113% Cont Can 48 47*4 47% 48 % Curtis Wr 3% 3% Gillette S R .... 37% 26*4 36% 27% Real Silk 34 % 34 34% 34% Ulen 17=4

Net Changes

Bu Uni'rd Press NEW YORK, Nov. 6. —Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow; American Can 113% i£' ° ff ‘ American & Foreign Po 36% ... "% American Telephone ...129% ... % Bethlehem Steel 66% . s. Cash 110 2% ... Columbia Gas 39%.. . % Consolidated Gas 90'/* ... % Electric Power 49** % General Electric 49% % General Motors 33% .. ' % International Nickel ... 18'* 1 Loew’s Inc 59% 2% Montgomery Ward 19 % National Biscuit 77% 1% New York Central 135 i% Pennsylvania 64% ... k Radio 19% % Radio-Keith 21% 1% Sinclair, unchanged ... 13V- ’ % Standard .Oil N J 52% . s” Union Carbide 58% "% U S Steel 143% 1% Vanadium 47% % Westlnghouse Elec 98V- % .**

New York Bank Stocks

(By Thomson A McKinnon) —Nov. 6 Bid. Ask America 72 73% Bank of United States .... 29 30% Bankers 117% 118% Brooklyn Trust 620 625 Central Hanover 264 266 Chase National 105*4 109*4 Chatham Phoenix Natl ... 85 88 Chemical 50*4 51*4 City National 119% 120*/* Corn Exchange 145 147 Commercial 275 285 Continental l9*/a 20% Empire 59 61 First National 3,800 3,875 Guaranty 496 498 Irving 38% 39V* Manhattan A Company ... 91 Va 92’% Manufacturers 66% 68 New York Trust 189 192 Public 78 81 Chelsea 24 25

Investment Trust Shares

(By R. H. Gibson & Cos.) —Nov. 6 PRICES ARE TO 12 NOON C. S. T. • _ . , _ •. Bid. Ask. Amer Pounder’s Coro com 6 6>b Am & Gen Sec A 15 17 Am Inv Trust Shares ST-5 T - 6 s i Basic industry shares 6% 7=. Corporate Trust shares 6‘i 7 First American Corp 8 812 Fixed Trust .Oil shares s'4 6"a Fixed Trust Shares A 16*4 ... Inv Trust NY. 75, gij, Leaders of Industry series A.. BVs Nation Wide Securities 6 7 8 7% National Industry shares 6 j 4 714 N Am Trust shares 7it Sel Am shares s’i 6\ Shawmut Bank Inv Trust 11 13' S W Strauss Inv Units 45 54 Super Coro of Am Trust Sh A iVa 7*4 Truste Std Oil A 7 . . Trustee Std OH B 7*i 7i U S Elec I4*ht As Pwr A 31*4 33*4

Local Wagon Wheat

. City grain elevators are paying 69c for No. i red wheat and 64c for No. 1 hard wheat. RAW SUGAR PRICES —Nov. 6 High. Low. Close. January 1.48 1.40 1.48 March ... 1.54 1.44 1.53 May 1.60 1.50 1.60 July 1.68 1.67 1.67 September 1.73 1.63 1.73 December 1.45 1.37 1.44 NEW YORK COFFEE RANGE —Not. 6 „ , High. Low. Close. March 6.15 5.96 6.10 May 6.00 5.83 5.97 July 5.88 5 68 5.86 September 5.70 5.55 5.55 December 6.94 6.75 6.94 BANK BANDITS FOILED Sulphur Springs Yeggs Bum Into Vault; Flee Without Loot. Si, United Press SULPHUR SPRINGS, Ind.. Nov. 7.—Bandits who broke into the Union State bank here, early today obtained no loot, bank officials said today, after a probe by the state department of criminal investigatioa The thieves had burned through the vault doors and were working upon the safe when they either were frightened away or had exhausted their supply of oxy-acetlene gw for a blow torch. The safe was not opened until the state investigators arrived All money was found as left at closing time Thursday. BANK TELLER ROBBED Kidnaped, Tied to Tree, as Bandits Flee With $l,&. Bu United Press DETROIT, Nov. 7.—Bandits kidnaped M. Q. Cole, teller, from the Berkeley State bank on the edge o i the city today, tied him to a tree in a nearby woods and escaped with loot estimate at $1,500, he telephoned Berkeley police.

THE INDIANAPOLIS TIMES

PORKER PRICES MOVE UPWARD AT CITY YARDS Little Change Apparent in Cattle or Calves; Sheep Sell Higher. Oct. Bulk. Early Top. Receipts 31. $8.9041 9.25 9.40 6,500 Nov. 1. 9.06® 9.40 9.40 2,000 3. 9.15% 9.50 * 50 6,000 4. 3.25% 9.60 9.70 3.000 5. 9.25® 9.75 9.75 600 6. S 05® 9.35 9.35 8.500 7. 9.25® 9.40 9.40 5.000 Definite signs of latent strength were shown by hogs this morning at the Union Stockyards when bidding forced prices 5 to 20 cents higher than Thursday's figures. The bulk. 160 to 300 pounds, sold for $9.23 to $9.40, early top at $9.40. Receipts were estimated at 5,000, holdovers were 306. Cattle generally were steady with no change in prices. Receipts were 500. Vealers held unchanged at $11.50 down. Calf receipts numbered 500. Sheep showed strength with sales running 50 cents higher. Good and choice lambs brought from $7.50 to $8.50, with a top price of $8.75. Receipts were 1,000. Chicago hog receipts were 26,000. including 12,000 direct. Holdovers were 5,000. Asking generally was 10 cents higher than Thursday’s average; early bids and a few sales were steady to strong; 190 to 220-pound weights brought $9.20 to $9.25; best strong weight butchers held higher. Cattle receipts were 2.300; calves, 1,000; market strong. Sheep, 5,000, 25 cents higher. HOGS Receipts. 5,000: market, higher. —Light Lights—--1140-160) Good end choice $ 9.00® 9.25 —Light Weights—-(l6o-130) Good and choice.... 9.20@ 9.25 (180-200) Good and choice ... 9.20® 9.25 —Medium Weights—-(2oo-220) Good and choice.... 9.30 (220-250) Good and choice.... 9.30® 9.40 —Heavy Weights—-(2so-290) Good and choice.... 9.40 (260-350) Good and choice.... 9.25® 9.40 —Packing Sows—-(37s-500) Medium and g00d... 7.75® 8.75 (100-130) Good and choice... 8.50® 9.00 CATTLE (Slaughter Class) Receipts, 500: market, steady. Good and choice sll.oo® 13.35 Common and medium 6.00® 11.00 (1.100-1.500) .Good and choice 10.50®13.00 Medium [email protected] —Heifers—-(soQ-850) Good and choice 8.50® 11.50 Common and medium 4.50® 8.50 Good and choice 5.25® 6.30 Common and medium 4.00® 5.25 Low cutters and cutters 2.50® 4.00 —Bulls (yearlings, excluded) — Good and choice beef 5.00® 6.50 Butter, common and medium.. 3.00® 5.00 CALVES AND VEALERS Receipts. 500; market, steady. Good and choice ssll.oo®ll.SO Medium B.oo® 11.00 Cull and common 5.00® 8.00 —Calves—-(2so-300) Good and choice 7.50® 10.60 Common and medium 5.00® 7.50 STOCKER AND FEEDER STEERS Good and ehiooe $ 6.50® 8.50 Common and medium 4.50® 6.50 (800-1.050) Good and choice 6.50® 8.50 Common and medium 4.50® 6.50 SHEEP AND LAMBS Receipts. 1,000: market, higher. Good and choice $ 7.60® 8.75 Common and medium 5.50@ 7.50 —Ewes— Medium and choice *. 2.50® 4.00 Cull and common I.oo® 2.50

Other Livestock By United Press CINCINNATI. Nov. 7.—Hogs—Receipts. 3,200, Including 1,400 direct; holdover 140; active, steady to 15c higher; better grade 160-250 lbs.. $9.50 <6 9.65; mostly *9.65 on 180 !bs. up; 130-150 lbs. generally *9; few 140-150 lbs. to local packers $9.25; sows strong to 25c higher; bulk $7.756,8. Cattle —Receipts. 650: holdover 500; calves 300; generally steady trade on steers and heifers; odd lots of more desirable lightweights and yearlings. sß<ffll; common and medium, $5.50®7.50: all grades cows strong; spots 25c Higher on low' cutters arid cutter cows; beef cows mostly s4.soifi 5.50; few, $6: bulk low cutters and cutter cows. $2.75<5}4; bulls slow'. $6.50 down; vealers uneven, mostly steady; spots 50c higher on selected lightweights at sl2; most good and choice $10.50®11.50; lower grades $9.50 down. Sheep—Receipts. 650; slow', steady to weak: better grade lambs. $7.50@8; mostly $7.505*7.75; common and medium, [email protected]; sheep steady; fat ewes, s2@3. By Times Special LOUISVILLE, Nov. 7 Hogs—Receipts, 700: market 15c higher: 300 lbs. up. $8.75; 200-300 lbs.. $9.40; 175-200 lbs.. $9.05; 130175 lbs.. $8.55; 130 lbs. down. $7.20; roughs. $7.70; stags. $6.70. Cattle—Receipts, 200; market steady; prime heavy steres. SB6 9.50; heavy snipping steers. $6.50 68; medium and plain steers, $566.50; fat heifers. $3.5069: good to choice cows, $46) 5.25; medium to good cows, $3.25@4; cutters. *2.7563.25: canners, $262.56; bulls. $364.75: feeders, $667: stockers, $466. Calves—Receipts, 200; market steady; good to choice, *7.50®9.50; mediums, $5.5067; common to medium. *3r.fs. Sheep Receipts. 100; market ewe and wether lambs, $7.60: buck lambs. $6.50; seconds. $4 6 4.50; clipped sheep, $263. Thursday’s shipments: Cattle, 170; calves, 90; hogs, none: sheep, none. By United Press CLEVELAND, 0.. Nov. 7.—Hogs—Receipts. 1,900 holdover 26; market, steady to 10c hlgner; 180-250 lbs., $9.60; 180 lbs. down to pigs uniformly $9.35; rough sows, $7.75; stags, $5.75. Cattle — Receipts, 300; market, early steer sales fully steady at week’s advance; some later bids easier; common kinds [email protected]; sows about steady; low cutter and cutters $2.50@4 mostly; bulk sausage bulls, $4.50@>5.50; best weighty kinds quoted $6. Calves—Receipts, 200; market, steady, better grades vealers upward to sl3® 13.50; medium, $9611 kinds fairly numerous; cull and common kinds, $668.50. Sheep—• Receipts. 2,000; market, lambs strong to mostly 25c higher on better grades; Hulk $8.25®8.50; throv'outs, $5.50016.50; largely $6 up to local killers; sheep, steady. By United Press EAST ST. LOUIS. 111., Nov. 7.—Hogs— Receipts. 9.500; market fairly active to 10c higher; pigs strong to 25c higher; top, $9.30; bulk. 170-250 lbs., $9.15®9.25; most 150-160 lbs., *969.10: 100-150 lbs.. *8.75*6 9; sows. $7.856 8.40. Cattle—Receipts, 1.000; calves. 600; not enough steers on sale to make a market; other classes steady; good choice vealers, *11.75. Sheep —Receipts. 1.000; market steady to strong; top lambs. *8: bulk. $7.50®7.75; common thrwouts. $4.50®5: fat ewes. [email protected], WOMAN CONVICTED ON BOOTLEGGING CHARGE Husband Not Home, Police Declare, So Coercion Plea Fails. A husband who wasn't at home forced a city woman to serve thirty days in the Indiana woman’s prison and pay a 1100 fine today. In review of a blind tiger case before the appellate curt today Mrs. Margaret Tomasello’s conviction was affirmed, despite Tier plea that her husband coerced her into selling liquor. Police bought liquor from her. Coercion, under Indiana statutes, justifies acquittal of the wife on any charges except murder and treason. However, testimony in Mrs. Tomasello's trial showed that although she declared "my husband was at home and told me to serve the men liquor,” that police officers said her husband, James Tomasello, was not near the house. STREET JOGS ATTACKED Petition for Removal of Jogs Referred to Engineer. Petition for removal of jogs at three street intersections, presented the works board today by the Northwestern Civil League, were referred to A. H. Moore, city engineer for investigation. The jogs: Fayette and North streets, Fayette and West Tenth streets and California and West Tenth streets. •

Produce Markets

bras (Country Run)—Loss ofTfielimed tn Indianapolis, 25c; henery auallty No. 1. 38c: No. 3.15 c. Poultry (Buying Prices)—Hens. welabing 5 lb*, or over. lsc: under 5 lb*. 17c: Leghorn hens. 13c: springers. _5 lbs. or over. 19c or under 5 lbs.. 17c: ducks, springers. 13c: old cocks. 9@llc: ducks. Tull leather fat shite. 11c: geese. Jk. These prices are for No. 1 top duality Quoted bv Ktngan A Cos. „ Butter (wholesale)—No. 1. 41 ®42c: No 39® 40c. Butte rfat—S9o. Cheese (wholesale selling, orlca per pound)—American loaf, 31c: pimento loaf. SJcc: Wisconsin firsts. 27c: Longhorns. 34c: New York Llmberwer. 36c. Bv U nited Press NEW YORK. Nor. 7.—Flour—Dull, but steady: spring patents. $4.354.75. Pork —Steady: mess. $33.50. Lard—Easier: middle west spot. $11.95® 12.05. TallowQuiet: special to extras. 4**®4%c. Potatoes—Quiet and steady: Long Island. $1.50 4(3.40 bbl.: Maine. $2®2.75 bbl.; Idaho. 50c© $3 bbl. Sweet potatoes—Dull: southern baskets, 65c51.35: southern bbls.. ♦ 1.75®2.75: Jersey. 50c® 42 basket. PLANS OUTLINED FOR CONVENTION Two National Radio Bodies Meet Here Feb. 16. Discussion of preliminary plans and working schedule in preparation for the 1931 national convention of the National Federation of Radio Associations, Inc., and the Radio Wholesalers Association, Inc., to be held in Indianapolis. Feb. 16 and 17, was taken up at a dinner meeting of the radio division of the Indianapolis Electric league at the SpinkArms Thursday night. H. G. Ermstrom, executive vicepresident of both national organizations, was the principal speaker. He outlined the advantages to the local group of the national meeting and told of the problems that should be taken up at the two-day session. Responsibility for the convention ■ has been given to a general convention committee headed by C. C. Mathews, vice-president and general manager of the Capitol Electric Company. Other members of the committee are Henry Davis of the convention bureau of the Chamber of Commerce; C. H. Domhoff of the radio division of the Guarantee Tire and Rubber Company; Eugene Wilder of the Indianapolis Music Shoppe; Ted C. Brown, secretary of the Indianapolis Electric League; W. J. Baker, manager of the radio division of the House of Crane, and George W. Stalker, manager of the radio division of the W. L. Holliday Company.

Indianapolis Stocks

—Nov. 7 t B’.d Ask. Am Central Life Ins Cos 900 Belt R R S Yds Cos com 48 53 Belt R R & S Yds Cos pfd 6% 54 Bobbs-Merrill Cos 28 Central Ind Power Cos pfd 1% 86% 92 Circle Theater Cos com 7%.....105 Citizens Gas Cos com 10<54.... 23\4 Citizens Gas Cos Pfd 5% . 98 103 Commonw Loan Cos ofd Commonw Loan Cos pfd 7%... 97 101 Hook Drug Cos com 20% 24% 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 A Lt Cos pfd 6%.1C3 106 Indpls P Weif L As com 8%.. 53 Indpls St Railway Cos pfd * Indlps Wa Cos pfd 5% 101% Int Pub Serv Cos pfd 7% 99 101 Inter Pub Serv Cos pfd 6% 86 91 Metro Loan Cos 8% 100 Northern Ind Pu Sv Cos 5%74.. 91 95 No Ind Pub Serv Cos pfd 6%.. 98 102 No Ind Pub Serv Cos pfd 7-%.. 107 110 Progress Laundry Cos com... 40% 45 E Rauh A Sons Fer Cos pfd 675 47 Real Silk Hos M Inc pfd 7%... 85 Shareholders Investors Cos Standard Oil of Ind 40 ... Terre Haute Trac Light 75 Union Title Cos com 3% 27 Van Camp Frod Cos Ist pfd 7% .. 90 Van Camp Prod Cos Ist ofd 874 .. 100 BONDS Bid Ask Belt R R A St Yds Cos 45... 91 Broad Ripple Trac Cos 5s 15 Central Indiana Gas Cos ss. .. 99 % Central* Ind Power Cos 65... 98 Citizens Gas Cos 5s . .101 Citizens Street Railroad 55.... 30 31 Garv Street Rv Ist 6s 69 Home T & T of Ft. Wavne 6s. 102% 104 Ind Railway & Light Cos ss. . 96 Ind Service Corpn 55... 89 Indpls Pow A Light Cos 5s ...100 101% Indpls Col & So Trac 6s Indpls Gas Cos 5s 100*4 ... Indpls & Martinsv Ra Tr Cos 6s 12 Indpls A Northw Trac Cos 5s 6% ... Indpls Street. Rv 4* 13 Indpls Trac A Term Cos 55.... 68 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 A rel ss. Ist 99 Indpls Water Cos 4%s 96 97% Indpls Water Works Sec Cos 6s 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 5s 101% ... No Ind feleph Cos 6s 98 Va 100 Ter Hte Indpls & EastTr Cos 5s . Ter Haute Tr & Li Cos 5s 80

SENATE DRY AGENT IDENTIFIED AS YOUTH Brookhart to Demand Cassiday’s Bootleg List to Be Made Public. By United Press WASHINGTON, Nov. 7.—The federal prohibition agent assigned to the Senate Office building last spring at the request of VicePresident Curtis, was identified today as Roger Butts, 20, now employed as an accountant in a nearby Virginia hamlet, according to the New York Evening World bureau here. The World’s investigators say that during the four monhts young Butts worked as an undercover agent at the senate building, the prohibition bureau was able to obtain the customer list of George L. Cassiday, convicted bootlegger nationally known as "the man in the green hat.” Senator Brookhart (Rep.,' la.), a dry, has declared he would seek to have Cassiday’s customer list made public when the senate convenes next month. WINS LOTTERY TICKET Mail Carrier Holds Ticket in Pool on English Derby. Indianapolis may receive a slice of the lottery pool on the Cambridgeshire derby, for word was received here today that Martin Towey of 416 North Forest avenue, a mail carrier, held a lucky ticket in the pool. “I don’t know what I’ll get. but I understand I’ve won something. It’ll be less than SI,OOO, much less,” Towey said. Earlhgm H>tad Peace Speaker Dr. David fcf. Edwards, executive secretary of the Indiana Council on International Relations, formerly president of Earlham college, Richmond. will address the council at a luncheon Tuesday in the Lincoln on “Progress Toward Peace.” Dr. Edwards returned recently from visits in Europe. Guest at White House Luncheon By United Press WASHINGTON, Nov. 7.—Orlando Weber, president of the Allied Chemical and Dye Corporation, was a luncheon guest of President Hoover at the White House today.

BUSINESS TREND IS OUTLINED BY MARKET SURVEY Little Change Predicted in Most Lines for Rest of Year. Current indications of the trend in various divisions of industry and trade are summarized by the Standard Statistics Company of New York from its Nov. 1 resume of the outlook for important lines as follows: AGRICULTURAL MACHINERY Full year results will compare unfavorably with those of 1929 and no material improvement can be looked for In months directly ahead unless a worthwhile strengthening of commodity prices takes place. AIRCRAFT—It is probable that another burdensome carryover of finished craft will be witnesseed at the close of the current year. Volume of business in the aero engine field has been relatively more satisfactory. APPAREL—RetaiI sales of apparel have been stimulated during the past month by a decided change In the weather. AUTOMOBILES-The entire year 1930 trill prove less profitable, in the aggregate. than any recent year. AUTOMOBILE PARTS—Outlook for the fourth auarter indicates a continuance of scant profits, with some companies suffering losses. AUTOMOBILE TlßES—Second half year profits will be even smaller than those of the Initial si* months. BUlLDlNG—October's creditable showing of the public works and utilities group, will probably be repeated during the next two months. CHEMICALS —ln view of its position as a leading supply trade, this industry should be one of the first to benefit from fundamental improvement in general Industrial conditions. Coal Demand Slow COAL—Many producers of bituminous will have difficulty In covering operating expenses and curtailment In consumers' purchasing power will continue to restrict demand for anthracite during the near future. COPPER—At present well deflated levels, coverage through the first half 0f'1931 is favored. COTTON—There seems no purpose In covering needs beyond the spring of 1931. ELECTRICAL EQUIPMENT Sustained improvement in this field must await general trade revival when it may be expected to register sharp Increases in activity. FARM PRODUCTS—Wheat prices will probably display more strength than weakness during the near future. While various factors probably will prevent a sustained rise, somewhat higher corn prices are justified. FOOD PRODUCTS (other than meat)— Most of the prominent package food companies are fairly well maintaining, if r.ot increasing, their annual profits. Dairy concerns are In strong position and improvement is now indicated for bread bakers. HOUSEHOLD PRODUCTS For the group as a whole only sharply reduced earnings are seen for 1930. LEAD AND ZINC—It Is recommended that industrial needs be covered only through the early part of 1931. Radio Prospects Up LEATHER—Third auarter earnings of shoe manufacturers, while showing some improvement over the second. Will continue to compare unfavorably with 1929. MACHINERY—Such improvement as may be maintained in the near future will be only of minor proportions. MEAT PACKlNG—Earnings of packers for the year ending around Nov. 3, will be more satisfactory than appeared likely earlier in the year. OFFICE EQUIPMENT—Concerns which distribute equipment largely on a rental basis, should make relativedly satisfactory showings. PAPER—No material improvement over present operations is in near term prospect. PETROLEUM—The great majority of oil companies can expect no material improvement from current minimum profit levels, at least during the rest of the year. RADIO— Earnings prospects for the final auarter of the year are generally more favorable than for any preceding period in 1930. RAILROADS— Improvement in physical condition of railroads in recent years, will enable many of the stronger roads to successfully cope with the current traffic aecllnes. RAILROAD EQUIPMENT—It seems probable that most divisions of the equipment industry will continue to experience reduced operations. , ... ... RAYON —Returns for this year will likely fall some 40 per cent below last year. RETAIL TRADE—Both fourth quarter and full year profits can not be expected to make a satisfactory showing when contrasted with 1929 results. Utilities Off Slightly RUBBER—There seems no reason to expect sustained price recovery during the balance of this year. SHIPPING—A high rate of operations should be witnessed in most shipyards during the next several years. SILK—At current traditionally low raw silk levels coverage into the early part of 1931 seems advisable now. STEEL—Little, if any. income betterment is in sight during the balance of the year SUGAR—It is unlikely that refiners profits’ will Increase greatly in the near future. THEATERS—Earnings of the present auarter should make favorable comparison with those of the like period of 1929. Tobacco—lt is expected that leading cigarette producers will report record breaking profits on the current year’s operations. UTlLlTlES—Development possibilities of both the electic and gas business have not been fully exhausted and will not be for many years. Net Incomes of leading telephone companies for the full year, will probably be slightly smaller than in 1929. WOOL—Full year’s operations of most produce*® wli result in little or no profit.

Births Boys Norman and Mabel Nicolay, St. Vincent's hospital. • Luther and Gertrude Brooks, Bt. Vincent’s hospital. Cyril andVirglnia Gooding, St. Vincent’s hospital. Joseph and Catherine France, 5943 Rawles. Adolph and Esther Tarsher, 2104 College. Leo and Gertrude Hannon, Methodist hospital. Ernest and Helen Meyer, 949 East Southern. Girls Carl and Frances Queisser, St. Vincent's hospital. Hubert and Mildred McShay, St. Vincent’s hospital. Gene and Mildred Wood. St. Vincent’s hospital. Joseph and Helen Wade, 928 East Morris Hugh and Leona McComb, 803 North Keystone. Charles and Anna Cummins. 2163 South Delaware. Sylvester and Marian Neuhausel, 2011 East Maryland. John and Dorval Madge. 463 South Ritter. Deaths Louvlna Patterson. 64. 903 South Missouri, chronic nephritis. Alijprtina Christena. 80, 4245 Carrollton, broncho pneumonia. Mary Casserly, 1, 2517 East Thirteenth. Marg'ie Catherine Mitchell, six months, city hospital, broncho pneumonia. George C. Renner. 54, Methodist hospital, uremia. Maude Stonehouse, 40, Iking hospital, endocarditis. Marjorie Raney. 5, Riley hospital, broncho pneumonia. Herman L Brown, 38, 1820 East Tenth, lobar pneumonia. Flat Tire Aids Fire By United Press NEWCASTLE. Ind., Nov. 7.—A flat tire contributed indirectly to destruction of the Joel Simmons residence a mile north of Newcastle, with a loss of $5,000. When the blaze Originated, the Newcastle firemen were summoned. One tire (Hi a fire truck had gone fiat, and by the time it was pumped up, the blaze had gained such headway as to be beyond control.

James T.Hamill & Company Prirata Wire# to All Lm4lii Market*. ladiana polls MEMBERS Chicago Stock Exchange Chicago Board of Trade (ad tana polls Board of Trade Associated New York Curb 203 Continental Bank Bldg. Tel. Riley M9*— Riley MM

Dow-Jones Summary

LONDON—New York cables opened at 485 27-32 against; 4.85 25-32. Parts checks 123.87, Amsterdam 12.087. Italy 92.805. Berlin 20.3*. Collins & Alkman Corporation declared regular Quarterly dividend of $1.75 on preferred payable Dec. 1. record Nov. 20. Oetebar automobile *rducttn la United State* and Canada estimated at 158,743 against 238.888 la September and 394.548 in October, 1989. by Natlanal Aatomoblles Chamber *f Commerce. Ten months estimate 5.ttJ.5.56 against 5,268.218. Allis Chalmers Manufacturing Company unflilled orders Oct. 31, $15,322,000 against $15,545,000 at end of September and $13,$17,000 a rear ago. October steel Ingot output averaged 100.768 tons daily lowest level of year against 110,307 ip September and 187,938 in October 1929. according to American Iron and Steel Institute Operations averaged 50 32 pet cent, against 55.10 per cent and 85.64 per cent respectively. Ten months output 35.410J83 tons operating average 68.2 per cent, against 47.888.156 at 93 92 per cent rate in Brst ten months last year. Brokers’ Loans decreased $53,000,000 In week to $2,454.00,005 reserve system ratio 81.8 per cent, against 82.4 per cent week ago and 69 8 per cent year ago. New York ratio 85 per cent, against 87.6 per cent and 75.1 per cent respectively No announcement on rediscount rate j>f 2% per cent. Engineers Public Service Company and constituent companies twelve months ended Sept. 30. net *2.70 a share on 1.866.151 average number of common shares outstanding durine period against *2,69 a share on 1.4R9.326 average shares in preceding twelve months. Philadelphia Company twelve months ended Sept. 90, total Income before depreciation $82,189,254, against $82,380,112 in preceding twelve months. Northern States Power twelve months ended Sept. 30, net after taxes, $16,437,440, against $16,637,330 in preceding year. American Brown Boverl Electric Corporation declared regular quarterly dividends of $1.75 on preferred payable Jan. 2, record Dec. 20. Warren Brothers Company declared regular quarterly dividends of 75 cents on common, 75 cents on convertible preferred, 25 cents on first preferred and 29 1-6 cents on second preferred all payable Jan. 2, record Dec. 15. Newport Company third quarter net 19 cents a share on 530,894 common shares, against 97 cents a share on 40,565 shares in like 1929 quarter. Nine months, *1.42 a share on 520 894 shares against $2.54 a share on 404,565 shares. National Electric Power third quarter profit after taxes and charges, but before depreciation, $1,531,275, against $1,570,114 in like 1929 period. Twelve months, $7,186,603, against $6,820,123. Moody’s Investors service year ended Sent. 30. net Income $371,973 after federal taxes, etc., eaual to $6.20 a share on 60,000 no-par shares of participating preference stock against $495,434 or $8.25 a share on preferred stock in preceding year. Northwest Bank Corporation has acquired First National Bank of Kalispell, Mont., which had previously absorbed Bank of Commerce, also of KalisneU. Resources of new bank exeped $2,000,000. October bituminous coal production in United States totaled 44,337.000 net tons against 38.632,000 In September and 52.174.000 in October, 1929. bureau of mines reports. October bituminous production 7.548.000 tons against 5,293,000 and 8,026,000 respectively. National Shirt Shops October sales decreased 15.1 per cent from year ago to 283.161. Ten months *3,421,041 Increase 3.3 per cent American and Foreign Power subsidiaries August net after taxes $3,383,404, against $2,916,671 In August 1929. Twelve months $38,212.566. against $26,731,490. Schiff Company October sales declined 8.3 per cent from year ago to $935,442, ten months $7,936,278, up 12.6 per cent. Safeway Stores October sales $18,472,134 against $19,714,471 in October, 1929. Ten months $183,919,661 against $179,088,972. McCrory Stores Corporation October sales $3,806,393 against $3,798,497 in October, 1929. Ten months $32,823,479 against $33,558,638. National Tea Company October sales $7,303,806 against $7,711,721 in October, 1929. Ten months $70,845,855 against $74,176,773. Dominion Stores, Ltd., October sales $1,775,201 against $1,905,852 In October, 1929. Eleven months $19,702,777 against $20,220,485. Lane Brvant, Inc., October sales $1,693,651 against $1,485,043 in October. 1929. Ten months $14,402,769 against $12,955,499. Druggists to See Movie Druggists, their clerks and fountain employes, will view an educational motion picture of interest to their profession, “These Changing Times,” at the Severin inn, at 2 p. m. and 7:30 p. m. today. Clerks and students at the Indiana school of pharmacy will attend the afternoon showing and proprietors and managers the night screening.

Harris, Upham & Cos. MEMBERS - Nw York Stock Exchange New York Curb Exchange New York Cotton Exchange Chicago Board of Trade 11 Wall Street 578 Madison Avenue NEW YORK 924 Baltimore Ave, 112 West Adams St. Kansas City Chicago Announce The Opening 0? Their INDIANAPOLIS OFFICE 832 Circle Tower Telephone; Riley 8341 Kenneth L. Ogle, Edward E. Cates, Jr., Manager Assistant Manager Claude M. Bartlett Owen M. Mothershead Branch Office# I* IS Citlea Jfoveyn ter, t, />s#

Take a Winter Vacation Along in January or early February will come a * time when indoor existence will have taken its toll in decreased energy and vitality. You’ll be winter-weary—fed up on cold weather. Take a few days vacation then! Slip away to sunshine J:. land, where you can get outside and rest and play. You'll come back home fit as a fiddle—with renewed vim and vigor—to meet the remaining weeks of winter. Plan that vacation now! And let the Union Trust Travel Bureau handle all the details of your trip, so you’ll be free to enjoy it to the utmost. RICHARD A. KURTZ, Manager Travel Bureau The Leading Travel Bureau of Indianapolis £ UNION TRUST*-

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STRONG CABLE NEWS FORGES WHEATHIGKER Rust Reports in Argentina Confirmed: Demand Picks Up. Bv United Press CHICAGO, Nov. 7.—Strong foreign cables gave wheat a sharp rise on the Board of Trade today, with shorts and locals on the buying side. Liverpool was strong on the Argentine news, and in The face of large Russian shipments, was 1% to 2c higher at mid-after-noon. Buenos Aires opened % to Vic higher. Com and oats advanced unevenly with wheat. At the opening wheat was % to 1 *sc higher, corn was % to l%c higher, and oats were % to ? 3 c higher. Provisions were firm. Rust Is Spreading The minister of agriculture of Argentina confirmed the spread of rust into the province of Buenos Aires, Cordosa, Santa Fe, Entre Rios and the Pampas. This being more widespread than had been thought by the trade. It is tlie almost general belief that liquidation of the last week has improved the technical position of the market, although there is more December liquidation to come. Prices are so low the pressure from short sellers has been lessened. The country is sending its corn mostly on consignment, which serves to keep a large part of the receipts off of the open market and there are not many offers of com to arrive in the future. Futures Stronger The effect of the receipts is to give the futures a stronger tone than otherwise would be possible. A Buenos Aires cablegram intimated that Argentina was considering the use of com as locomotive fuel in the place of coal as an economy measure. Oats are so low that they figure out at less than 1 cent a pound and nobody wants to sell short as a result of these prices. There has been anew class of buying recently, cash interests and Investment buying on the belief that the cold weather will increase the feed demand. Chicago Grain Table —Nov. 7 WHEAT (Old) _ .. „„ Prev, High. Low. 11:00. close Deo 15 .7 4% .74% .74',* Mar. 79 -’B% -78% .77% Mav 81% .809* .80% .80% July .81% .81% .81% .80',:' CORN (Old) Dec 73% .72% .73% .73% Mar. ! 77% .77% .77% .78% May 80% .79% .79% .79% July 81% .80% .81 .80% OATS (Old) Dec 32 .31% .31% .31% Mar 31% .32% .34% .33% May .35'/* .35% .35% RYE (Old) Dec 4314 .43% .43% .43 . Mar 48 .47% .47*/* .47 May 49% .49% .49% .48% LARD— Dec 10.70 10.60 10.67 10.60 , May 10.65 ALL DEFENDANTS ARE FREED IN LYNCHING Jury Acquits Remaining Ten in South Carolina Case. Bv United Press WALHALLA, S. C., Nov. 7.—Ten remaining defendants charged with lynching Allen Green, Negro, here last April, were acquitted by a jury in Oconee county court today. Seven other defendants against whom charges were brought were freed > when the charges were quashed Wednesday and Thursday, Green, jailed on a charge of assault against a white woman, was removed from jail and hanged.