Indianapolis Times, Volume 42, Number 164, Indianapolis, Marion County, 18 November 1930 — Page 14

PAGE 14

FEDERAL FARM BOARD ACTION AIDS FUTURES Sharp Declines in Foreign Markets Felt at the Opening. By United Press CHICAGO, Nov. T8 —Sharp declines in foreign markets made themselves felt on the Board of Trade today despite the support promised by the farm board and grain prices dropped lower, wheat declining the least at the start as traders were awaiting further action by the stabilization corporation. Liverpool sagged on the weakness at Buenos Aires Monday, and on pressure from Canadian and Argentine wheat. Com toppled with wheat and led the decline, oats following at a distance. At the opening, wheat was unchanged to V2C lower, com w T as *4 to 2 1 kC lower and oats were Vs to %c off. Provisions were weak. Liverpool Weaker Liverpool was weaker than expected and held ground lVi to l%c lower at mid-afternoon. Buenos Aires opened V*c lower after dropping 4c Monday. It is the general impression among wheat traders in Chicago and other markets that were the farm board to give the trade an idea of its operations it would greatly relieve the existing confusion. Tine farm board announced that it would take delivery on December contracts that would absorb practically all the contract wheat in Chicago, and leaders express the belief that cash wheat held outside Chicago and sold here will be accepted at the outside points. Oats Mart Firm The situation Is such that the business conduct committee of the Board of Trade has interviewed members of the stabilization corporation and President Milnor will appear before them upon his return to the city. The expected run of com has not materialized. The feeling has improved, but the confusion in the wheat pit has undermined the confidence of traders. Elevator interests continue buying December and selling May oats at a 2%-cent difference. Most of the selling has been by locals, but the market has a fairly firm undertone. Chicago Grain Table -Nov. 18WHEAT (Old)- Low SS; December ... -T3S -I**!* '4?i! March W" *42,^ SSI? .v.v.'.v:. :™% CORN (Old) December ... .70'* ??? 12,At 1?*" 'K Julv W* •‘°' s ■ i:> * •* 4 OATS (Old) December ... .Sl£ MU mSv At ■**'* 34,4 35 RYE (Old) December ... .40U .3*% -3®’ JJ 34 March ... * R Mav 45% Ai ’ ' 44 B 46 December ... 9.80 975 975 9 My .! -j_‘ ••• /”/ Time* Special CHICAGO. Nov. 18.—Ca riots. Wheat 4; corn. 202: oats. 82; rye. 0: and barle\. 13. Marriage Licenses Gerald E. Gaustine. 29. of 2546 West Michigan. clerk, and Fern D. Hunter, 23. Beech Grove, clerk. Gustave C. Krampe. 46. of 1437 South Alabama, carpenter, and Emilie M. Klann, 39. of 314 East Minnesota. Foster McMasters. 25. Clayton Jlnd.) Irpcher. and Marv A. Smith. 23. of 2406 Ashland, stenographer. Milford R. Bennett. 30. of 146 West Thirtv-third. engraver, and Marguerite L. O'Brien. 29. of 3149 Kenwood, clerk. Eugene E. De Vore, 21. of 526 East Georgia, clerk, and Emma C. Koerner. 24. of 528 East Georgia, clerk. Chcsteen B. Kendall. 22. Terra Alta. W. Ya.. teacher, and Marian E. Fisher. 20. of 506 East Thirty-ninth. Kenneth V. Bramkamp. 27. of 832 Dawson. foreman, and Clara C. Kesler, 27. of 883 West Twentv-ninth. WATER POWER SUIT HEARING DATE SET Test of t T . S. Commission's Method of Fixing Costs Postponed. By United Peers WASHINGTON. Nov. 18.—A suit which affects every hydro-electric project in the country, and consequently the consuming public, because it challenges authority of the federal power commission under the federal water act, has been set for hearing here Dec. 8. The suit is to determine whether the commission's system of arriving at construction costs of hydroelectric projects is a valid interpretation of the water power act. It was instituted in the District of Columbia supreme court by the Clarion River Power Company of Pennsylvania. Scheduled for hearing todav. it was postponed by Justice William Hitz because an attorney for the Clarion interests had to make an emergency trip to Louisville in another connection. ARMY STRENGTH IS CUT Reductions to Allow Air Force Increase; Fort to Lose 27. To allow increase in the United States army air corps, decreases in strength of many army units has been ordered by the war department. Headquarters company, Tenth brigade. stationed at Ft. Benjamin Harrison, will be reduced twentyseven enlisted men.

Fever Bugs By United Press DENTON. Tex.. Nov. 18. Closing of the historic Sam Bass cave was urged today by public health officials after disccovery of fever ticks in the cavern. Nearly a score of victims, mostly school children, who explored the cave are convalescing from a curious fever that mystified Texas doctors for several weeks. Research in the laboratories of the live stock sanitary commission at Ft. Worth revealed the feverish attacks were caused by a small tick. Dr. J. J. Reid, commissioner, said he believes that bats may have transported the tick to Texas from Mexico and Central America.

New York Stocks " . Bv Thomson it McKinnon)

—Nov. is—- ! Railroad*— Prev. High LOW. 11:30 close. Atchison 188% 138 188% 189% Atl Coast Line - , Bait it Ohio. .. 74 73% 74 74 Chesa it Ohio.. 41 Vi 41 41V, JIJ -* Chesa Corp *2,? Chi Grt West .L* Chi N West 43*4 4J*i 43V* 43 , n#*i LA: W 88 1 a 8? 87 90 &e* Hud * d " : .T 4 “7U ‘alii Erie Ist pfd ••• 45 Great Northern Gulf Mob & Oil.. ... - 33 ** Illinois Central. 8. 87 a Kan Cltv So .’2 Lou it Nasb .. . ■ *55 MKit T 19U 19V* 19 * “ Mo Paetnc 34 33 * 33 * 34 Mo Pacific pfd.. N Y Centra! 130 129% 129,* 131 Nickel Plate 2 82 a NYNH it H . 82>, 83 a Nor Pacific . . 56 a5 55 57 60 iU 601* is“pa n c?fic'100 99 99/ 100% Sourthern Ry ... 65% 63 2 64 65 * St Paul pfd .. H * 04 TANARUS, LQ F .... 60*2 60V4 65*i bo Union Pacific W Maryland 12% 12% I 2 3 12 a Equipments— ~ Am Car it Fdy.. 33 32 • 33 -3 Am Locomotive 30 a 31 Am Steel Fd 28' 28'* Am Air Brake S . Gen Am Tank .. .. ... 66*. 6.’* General Elec 4i% 4. 47 4B a Gen Ry Signal.. 64*a 63 64 2 62,a Lima Loco Pullman Westingh Ar 8.. 33% 33% 33_a 34 Westingh Elec. . 09 5 a 98’/* 98% 100 a Rubbers— Fisk 1% lVa 114l 1 4 T’A Goodrich 206* 1?*. }9’ Goodyear 45’* 45% 45 a 4b Kelly Spgrfld 2 2 a Lee Rubber 3 4 U S Rubber 12% 12V* 12V* 13'a Auburn 75*4 73;. ‘5% .5.2 Chrvsler 16’* 16% 16V* 16% Gardner l’a 1 1 Graham Paige .. .. ... 4% 4 * General Motors. 34%3333 V, 34** Hudson 2114 21V* 21V* 21 Va Macß V.V.V.V.V: 43’, 42 r, a 43% 43% :::::::: a% '26% m 27 2 Packard 9 8% 8% Studebaker 2114 20*. 20A* 20lg Yellow Truck 10 9% 9 7 a 10 Va Bendix Aviation. 16!a l s * 18 16 a Borg Warner .. .. • • B Brijjgs 15 14 3 4 15 Id*B Budd Wheel .... 91- 9 3 a 9;> 9a Eaton 13 7 a 13 3 * 13 7 e 14 El storage B. . 55 54'. 5o 5j Haver, Body ...... 3 3 Houda 8 3 Motor Wheel }6 15; a Sparks W • ll 3 * ll‘i ll'a }1 s Stewart vfi rner 18*2 18 18 18'a Timken RA 1 46 46. a Mining— Am Metals _ .... ••• ‘f. J Am Smelt 51 7 * 51'* ol , 51 * Am Zinc 6G 6'* 6 * 6 a Anaconda Cop.. 37' 36*a 37 37 * Cal it Hccla 10 5 a 10 i 10. 10% Cerro de Pasco. .. 28 5 a 28'* 28’* 30 Dome Mines 8 Freeport Texas. 32 3 a 31 7 . 32-a 32 a Granby Corp ... 17 3 * 16'* 17 19 Great Nor Ore.. .. ... 211* 21.* Howe Sound ... 25 23 Int Nickel 18’* 18 18'a 18 * Inspiration . . 10'* 11 y* Kennecott Cop.. 28 7 a 28% 28T* 29'a Magma Cop . . 21 2d 2 Miami Copper . ll'i 10’ 2 IOVa H * Nev. Cons 12 7 a 12' 12'y 13 Texas Gul Sul. 51V* sn s , 51'* 51 Va U S Smelt 23 Oils— Amerada ... ... 22 Am Republic 11'4 11 Va Atl Refining .... 22' 21% 21 7 * 22% Barnsdall 14% 14 14 14% Houston (New).. .. ... 9 9Va Ind OH 14 3 * 15 Indian Refining. 3 7 a 3 3 * 3 7 a 3 7 „ Mex Sbd 12% 12% 12% 14% Mid Conti 17 3 * 17% Phillips 19 3 * 19% 19% 20% Pr Oil it Gas . . 20% 20% 20% 20% Pure Oil 11% 11% Richfield 6% 6% Roval Dutch 4040% Shell Un 8% 8% 8% 8 3 * Simms Pt ... ... 1 Sinclair 13% 13% 13% 13% Skelly . . . 15 15' * Stand of Cal 50% 50% 50% 50% Stand of N J . 52% - 52% 52% 53% Stand of NY ... 28% 26 26 26% Texas Cos 37%. 37% 37% 37 Union 111 .... 26%. 26% 26% 26% Steels— Am Roll Mills... . . 30% 31'. Bethlehem 62 61 61 3 * 62% Bvers AM ... 41% Colo Fuel 24 23 % 23% 25 Ludlum 13% 13% 13% 14 Midland 20 V* 20 20'/a 20 % Repub I & S ... 18 17% 17% 18% U S Steel 143% 142% 143% 144% Vanadium 51% 49% 81 51% Youngst Sft W 23% 23% 23% 23% Youngst S & T 75 Tobaccos— Am Sumatra ... 6'* 6V Am Tob iA) new 101 104 Am Tob (Bi nev. .106% 105% 105% 106% Con Clears 28 28% Ug it Myers B . 83 82% 82% 83% Lorillard 12% 11% 11% 12% Phil Morris 9% Reynolds Tob .. 44% 43% 43% 44% Std Com Tob 3% 3% Tob Pr A 10%. 10'i Tob Pr B ... 2% United Cig 5 5 Utilities— Adams Exp .... 18% 19% 19% 19% Am For Pwr ... 37% 37% 37% 38 Am Pwr & Li.. 57% 56% 56% 58 A T & T 187% 185% 186% 188 Col Gas it E 1.... 36*, 35’ . 35% 36% Com & Sou... 9% 9% 9% 9% El Pwr & Li.... 43% 42% 43 43> • Gen Gas (A) 6% 6 6 6 Inti TANARUS& T 28% 27% 27% 28% Natl Pwr & LI.. 35% 35% 33% 36 No Amer Cos 67% 65% 67 69 Pac Gas & El 4gi<, Pub Serv N J... 72% 71% 72 72‘1 So Cal Edison.. 47% 47 47 47 Std G & El 68% 68 68 69'* United Corp 18% 18% 18% 18% Ut Pwr & L A.. 23% 23% 23% 23% West Union 139 1391;. Shipping— Am Inti Corp.. 20% 20% 20% 21 Am Ship & Com 1 Inti Mer M pfd 17% 17.% United Fruit 65% 65% Foods— Am Sug 49 49% Armour A ... 3% Beechnut Pkg 50% 50 Cal Pkg 50 51% Can Dry 39 38% 38% 40 % Childs Cos ... 31% Coca Cola 155 153% 153% 156% Cont Baking A 19% 20% Corn Prod 78% 77% 78% 79 Cudahy Pkg 41 Gen Foods 49% 49% 49% 50 Grand Union 12% Hershev 85% Jewel Tea . 44% 44% Kroger 20% 20% 20% 20 7 s Nat Biscuit. . 74% 73% 74 74%

Produce Markets i

Eggs (Countrv Bum —Loss off delivered in Indianapolis. 25c: henerv oualitv No. 1. 38c: No. 2. ioc. Poultry (Buying Prices i—Hens, weighing 5 lbs or over. 19c: under 5 lbs.. 17c: Leghorn hens. 13c: smingers. 5 lbs. or over 19c or under 5 lbs.. 17c; ducks, springers. 12c: old cocks. 9@llc: ducks, full feather fat white. 11c: geese. Bc. These prices are for No. 1 top oualitv ouoted bv Klngan & Cos. Butter (wholesale! —No. 1. 37@38c; No. 2. 36c. Butterfat—32c. , Cheese (wholesale selling once per noundi —American loaf. 31c: Dimento loaf. 32cc: Wisconsin firsts. 27c: Longhorns. 34c: New York Limbereer. 36c. By United Press NEW YORK. Nor. 18.—Flour—Quiet and steady. Pork—tasier: mess, $32.50. Lard —Weaker: middle west spot. $10.45H 10.55. Tallow—Steady: special to extra. 4’aS? 4 3 *c. Potatoes- Weak: Long Island. $1.50 '<3 25 barrel: southern $5447 barrels: Idaho sacks. 60c •( $3: Maine. $2.35'(/3.10 barrels: Canada, 45c'd51.85 barrel. Sweet potatoes—Easy; southern baskets, Ibc'ii 51.25: southern barrels. SI ji 2.25: jersey baskets 50c (U $1.90. Dressed poultry Steady; turkeys 18''<38c: chicxens. 16’ 37c: fowls 14% 28c: ducks. 15fti22c: ducks. Long Island. 20 </ 25c. Live poultry steady: geese. 12'xT7c: ducks. 144425 c: fowls 17 . 25c: turkeys. 15((i22c: roosters. I7il8c: chickens. 17 x 24c: broilers. 174i 32c. Cheese—Market steady: state whole milk, fancy to specials. 20'22 1 : ! c; young Americas. 19 1 2@21c. By United Press CINCINNATI. Nov. 18.—Butter—Steady: creamery in tub lots, according to score. 30:x33e: common score discounted 2'a3c: packing stock. No. 1. 25c: No. 2. 18c: No. 3.10 c; butterfat. 28 30c. Eggs—Steady; cases included: Extra firsts. 4£c: firsts. 33c: seconds. 29c: nearby ungraded. 38c. Live poultry—Thin and coarse stock sells onlv at heavy discount: fowls. 5 lbs. and over. 20c: 4 lbs. and over. 17c: 3 lbs and over. 13c: Leghorns. 3 lbs. and over. 13c; roosters. 13c; colored fryers, over 3 lbs.. 17c bro.lers. colored, over 2 lbs.. 17c: broilers, partly feathered 12c: Leghorn and Orphington fryers, over 2 lbs.. 14c; roasting chicks. 4 lbs. and over. 19c: black springers. 12c. By United Press CHICAGO. Nov. 18.—Eggs—Market, firm: receipts. 2.728 cases: extra firsts. 39'(/40c: firs’s. 35'i36c: current receipts. 30'ii32c: ordinaries. 23 '/27c; seconds. loSj2oc. Butter —Market, steady: receipts. 10.007 tubs; extras. 34c: extra firsts. Sl'zftiSS'jCT firsts, 29%30c; seconds, 27% 28c: standards. 333 c.1 3 c. Poultry—Market, steady: receipts. 1 car: fowls. 18c: springers. 18c: Leguorns. 14c: ducks. 13" 14c: geese. 13c: turkeys. 18< 22c: roosters. 15c. Cheese— Twins. 17 <ti 17’jc: Young Americas. 18c. Potatoes—On track. 467: arrivals. 145; shipments. 519: market, weak Wisconsin sacked Round Whites. $1.35x 1.65. Minnesota and North Dakota Round White. $1.25’&1.40, Red River Ohios. 51.40iii1.45; Idaho sacked Russets, $1.65511-75. By United Press CLEVELAND. Nov. 18-Butter—Extras 34c; standards. 31%c. Eggs—Extras. 47c; firsts. 36c. Poultry—Heavy fowls, 21e: medium. 18c: Leghorn. 7n 14c, heavy broilers. 18fil9c: Leghorn broilers. 16617 c: ducks. 15<>( 20c; old cocks' 146 15c; geese. 15c; turkeys. 25c dressed rabbits. $3.50 doz : live rabbits. 12’?il3c. Potatoes—Ohio Round Whites mostly. 85c4?5l per 60 lb. sack: Maine. <4 33: Mountain. 52.10w2.15: few best. $2 25 per 120 lb. sack; Idaho Russet, $2 355x2.50 per 100 lb. sack.

f Pillshurv 29 Salewav St 48 47 7 , 47% 49% Std Brands 15% 14% 14% 15% Ward Bkg 4% 4% 4% ... Drugs— Cotv Inc 11 <lO 10 10% Lambert Cos 82% 82% Lehn & Fink 25% Industrials— Am Radiator 19% 19% 19% 19% Bush Terms 25% Certa'rteed 3% 3% Gen '.sphalt 29% 28% 28% 30 Lehign Port 17% Otis Kiev 53% 52 52 53% Indus Chems— Allied Chem ....200 198 199% 201% Com Solv 17% 16% 17% 17 Union Carb. . . . 60% 58% 80% 60% U S Ind A1c0... 64 63% 63% 64% Retail Stores— Assoc Dry Gds.... 26% Gimbel Bros .... 6 6 Kresge 8 8 26% 26% 26% 26% May D Store 34 35% Mont Ward 19% 18% 19% 19 Penny J C ....|; 33% 32 32% 32% Schulte Ret St.. 4% 4% 4% ... Sears Roe 50 48% 50 47% Woolworth 58% 58 58% 56% Amusements— Col Graph 11 10% 10% 11 Crosley Radio 7 Eastman Kod ...163% 163% 163% 165% Fox Film A 31% 30% 31=8 31% Grigsby Gru .... 4% 4% 4% 4% Loews Inc 57*2 56 57% 56% Param Fam .... 45% 44 45V 45%' Radio Corp 15% 14% 15% 16 R-K-O 21% 20'/. 21V* 21% Schubert 6 5% 6 6 Warner Bros . 18% 18 18% 18% Miscellaneous— City Ice St Fu 30Vs Congoleum 8 8 Am C?n 113% 112% 113% 113% Cont Can 48Ve 48 48% 49 Curtiss Wr A 4 3% 3% 3% Gillette SR 33% 31%. 32 30% Real Silk 35

Dow-Jones Summary

LONDON—New York cables opened at 4.85 9-16 against 4.85%; Parts checks. 123.66: Amsterdam. 12.07; Italy. 92.755; Berlin. 20.38. Sugar melt of fifteen refiners from Jan. 1 to Nov. 8 totaled 4,145.000 long tons against 4.375,00 for like 1929 period. Deliveries 3.935,000 tons against 4,105,000 tons. Adams Express Company declared regular quarterly dividend of 40 cents on common, payable Dec. 31, record Dec. 15. Volume of dollar bankers acceptances Increased 5141.509.569 In October as compared with September, according to report of American Acceptance Council. This Is a decrease of $32,494,397 from October. 1929. Detroit Edison Company In twelve months ended Oct. 31 earned $8.91 a share on 1,270.473 shares against $12.71 a share on 1.058.318 shares in preceding twelve months. Market Street Railway twelve months ended Oct. 31. net after ordinary tax. but before interest depreciation and federal taxes." *1,408,524 against $1,458,203 In preceding twelve months. Present financial arrangement between Poland and the Krueger Match Trust of Sweden has been extended until 1965 the ministry of finances announced. Poland will be loaned $32,400,000 at 6% per cent interest. Associated Gas and Electric creating new class of cumulatirp preference stock entitled to dividends at rate of $4 annually with extra dividends not exceeding SI which Is offered to holders of class A stock for exchange on basis of one new preference share for two class A shares. Budget of Paramount-Publix Corporation for 1931 to be as large as the $25,000,000 spent in 1930 with more advertising and more work Adolph Zukor. president states. Ohio Bell Telephone Company ca’ls all outstanding 7 per cent preferred stock by Jan. 1 at $lO5. Retirement will require $28,219,700. No new financing contemplated. North American Car Corporation nine months ended Sept. 30 net profit $523,554 after charges and taxes against $576,625 in first nine months 1929. September quarter net profit $175,950 against $208,187 in third Quarter 1929. Net sales of Ceco Manufacturing Company. Inc., for quarter ended Sept. 30 were $376,115 against $159,068 in preceding quarter. October net sales were approximately $175,000. Sears. Roebuck & Cos. declared two regular quarterly stock dividends of 1 per cent each, payable Feb. 1 and Mav 1, 1931. record Jan. 10 and April 10. respectively. Cash dividends payable on those dates will be declared at regular time. Philadelphia Rapid Transit Company. Nine months ended Sept. 30, deficit $1,103,531 after charges and dividends against deficit 5542.381 in like 193!) period. September quarter deficit $945,553, against deficit $432,588 in like quarter, 1929. Illinois Central week ended Nov. 14, handled 36,507 revenue cars, against 39,588 previous week and 44,468 in 1929. Chicago St Northwestern week ended Nov. 14. handled 31.520 cars, against 33,803 week ago and 36,979 year ago. Rock Island week ended Nov. 14. handled 31,211 cars, against 31.863 In previous week and 34,570 In 1929. Chicago & Eastern Illinois handled 6,168 cars in week ended Nov. 14. against 6,886 week previous and 7,788 last year.

Net Changes

Bv United Press NEW YORK. Nov. 17.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. Off. American Can 113 3 s ... 3 l s American Smelitng .... 51U ... 4 American Telephone ... 188 ... 3 T ' 8 Atchison 189.. 4'i Auburn 75’j 3 Bethlehem Steel 62’ 8 ... 3% Case 112 ... s'i> Consolidated Gas 88 3 4 ... 3V a General Electric 48 3 s ... 2 General Motors 34T ... l 3 i International Nickel ...*18 3 s ... l 8 Kennecott 291s ... 2'i Locw's Inc 56 7 * ... = 8 Montgomery Ward 19 ... l 3 i Nat. Pow„ unchanged.. 36 North American 69 ... 3 1 a Packard 9's ... > 8 Pennsylvania 60... 3 4 Radio 16 ... l 3 a Radio-Keith 21' 2 ... ' Standard Oil N J 53‘ 8 ... lVh Trans-America 15*a ... l 3 s Union Carbide 60 3 4 ... 2' United States Steel ....144' • ... 3 3 8 Vanadium 51 3 8 ... r* 2 War'r. Bros., unchanged 18 1 a Westinghouse Electric..loo> B ... 3U Other Livestock By United Press PITTSBURGH. Nov. 18 —Hogs—Receipts, 600; holdovers. 450; steady. 10c: lower except packing sows about steady; 110-260 lbs.. S8.80&8.90; medium to good sows, $7.5041,8. Cattle—Receipts. 10; nomlnallv, steady. Calves—Receipts, 50; steady desirable vealers $94i12.50: medium grades down to $6. Sheep—Receipts. 300; steadv to strong; fat lambs. 85 lbs. downward, 57.504t8.25; 90 lbs. upward, $6.50®!. By United Press TOLEDO. Nov. 18.—Hogs—Receipts 450: market, 154425 c lower; heavies. sßc<iß 40; mediums. $8.40 <i 8.50: yorkers, 58.25 j 8.50; pigs. $8.35448.50. Cattle—Receipts, 150; market slow, steady. Calves—Receipts, light; market, steadv. Sheep—Receipts, light; market, 25c higher, sorts considered. JOBS AT POSTOFFICE ARE SOUGHT BY 3.000 Applications for Christmas Rush Posts Arc Tripled. Three thousand applications have : been received for six hundred postoffice jobs for five days before Christmas, Postmaster Robert Bryson said today. The jobs, paying 65 cents an hour, are opened by the annual Christmas postal rush. Last year there were one thousand applicants for the same number of jobs. STATE BANK IS .CLOSED Miami Institution Held Deposits Estimated at $91,000. The Farmers’ State bank at Miami, Miami county, was closed by the state banking department today. The bank was capitalized at $25,000 and held deposits at $91,000. Hie president was J. Stedman, and cashier, Verne Conn.

THE INDIANAPOLIS TIMES .

SWINE TRADE ; OFF 20 CENTS AT CITY YARDS ! Improved Action Apparent in All Cattle Classes; Sheep Even. Nov. Bulk. Early Top. Receipts. I 11. $9.10 19.20 9,000 12. 8.90 8.95 9.000 13. 8.85 8.95 6.500 14. 8/<0 8.65 8.000 15. 8. |5 8.75 4.500 17. 8.60 8.65 11,000 18. 8 40 8 45 1,000 Hogs at the city yards this morning were mostly 20 cents lower. The bulk, 100 to 300 pounds, sold at $8.40 with an early top price of $8.45. Receipts were estimated at 1,000; holdovers were 66. An improved action was apparent in all classes in the cattle market. Asking was generally higher. Receipts numbered 1,000. Vealers were 50 cents higher, selling at $11.50 down. Calf receipts were 600. Good and choice lambs brought $6.50 to $7.50, the sheep market being generally steady. Receipts were 1,000. Chicago hog receipts, 45,000, including 15,000 directs. Holdovers, 6,000. Market slow with no early sales, scattered early bids were mostly 10 to 15 cents lower than Monday’s average. Most decline was noted on lighter weights, choice of 200 to 200 pounds sold at $8.35 to $8.40; 170 to 180-pounders were selling at $8.25. Cattle receipts, 7.000. Calves, 2,000, and strong. SheepiCfceipts, 7,000; and steady to 25 cents higher. HOGS * Receipts, 1,000; market, lower. —Light Lights—-(l4o-160) Good and choice $ 8.40 —Light Weights—-(l6o-180) Good and choice.... 8.40 (180-200) Good and choice.... 8.40 —Medium Weights—-(2oo-220) Good and choice.... 8.40® 8.45 (220-250) Good and choice.... 8.40® 8.45 —Heavy Weights—-(2so-290) Good and choice..., 8.40® 8.45 (290-350) Good and choice.... 8.25® 8.40 —Packing Sows—-(27s-500) Medium and good.. 7.00® 8.00 (100-130) Slaughter pigs .... 8.25® 8.40 CATTLE (SUughter Class) Receipts. 1.000; market, steady. Good and choice $10.50813.00 Common and medium 6.00® 10.50 (1,100-1.500) Good and choice [email protected] Medium [email protected] —Heifers — (500-850) Good and choice 8.50011.50 Common and medium 5.00® 8.50 Good and choice 5.00® 6.50 Common end medium 3.75® 5.00 Low cutters end cutters 2.50® 3.75 —Bulls (yearlings excluded)— * Good and choice beef 5.00® 6.50 Butter, common and medium. 3.00 8 5.00 CALVES AND VEALERS Receipts. 600; market, higher. Good and choice $11.00®11.50 Medium 7.50® 11.00 Cull and common 5.00® 7.50 —Calve6— (250-300) Good and choice [email protected] Common and medium 4.00® 7.00 STOCKER AND FEEDER STEERS Good and choice $ 6.00® 8.25 Common and medium 4.008 6.00 (800-1.030) Good and choice 6.008 8.25 Common and medium 4.25® 6.00 SHEEP AND LAMBS Receipts. 1.000 ;market. steady. Good and choice $6.50@ 7.50 Common and medium 4.00® 6.50 —Ewes— Medium and choice ' 2.50® 3.50 Cull and common I.oo® 2.50 Other Livestock By United Press CHICAGO, NOV. 18.—Hogs—Receipts. 45.000; including 15,000 direct; slow, mostly 15@20. spots 35c below Monday’s average: top, sß.3a; bulk. 160-280-lb. weights. SB. la @8.30; packing sows. $7.23 8 7.60; pigs, $B4l j 8.35; light lights. 140-160 lbs., good and ' choice, [email protected]; lightweights. 160-200 lbs., good and choice .$8.1088.25; medium weights, 200-250 lbs., good and choice. [email protected]; heavv weights, 250-350 lbs., good and choice. [email protected]; packing sows, 275-500 lbs., medium to good. [email protected]: slaughter pigs. 100-130 lbs., good and choice. $8 @8.35. Cattle—Receipts, 7,000; calves. 2,000; hardly enough done to make a market: few sales, steers and year* lings steady, light yearlings scarce and much more active than weighty steers; early top yearlings, $12.90; medium weighty steers. $12.50; most sales. s9@ll. Slaughter cattle and vealers, steers. 600-900 lbs., good and choice. $10.50813.50; 900-1,100 lbs.. good and choice. $10.25813.50; 1,100-1.300 lbs., good and choice. [email protected]; 1,300I*soo lbs., good and choice. $8.75812.50; 600-1.300*1b5.. common to meduim, $6.25® 9.50; heifers, 550-850 lbs., good anad choice, $9.25@13: common and medium. $5®9.25; cows, good and choice. [email protected]; common and medium. $3.75@5: low cutter and cutter. $2.8583.75; bulls, yearling excluded, good and choice beef. [email protected]; cutter to medium. $3.50®5.60; vealers, milk fed, good and choice. $8@11: medium. $6.50 88; cull and common. $5 @6.50. Stocker and feeder cattle—Steers. 500-1050 lbs., good and choice. [email protected]: common and medium, [email protected]. Sheep—Receipts. 7,000; market generally steady: early bulk, good and choice native and fed western lambs. s7® 7.50 to packers: several loads to city butchers. $7.75; range feeding lambs, $6.50 @7.25; native fat ewes. [email protected]: slaughter sheep and lambs, lambs. 90 lbs. down, good and choice. $6.75@8: medium. $5,308 6.75; all weights common. [email protected]; ewes. 90-150 lbs., medium to choice. $2.25@4; all weights, cull and common. [email protected]; feeding lambs. 50-75 lbs., good and choice. $6.50 8 7.35. By United Press EAST ST. LOUIS. HI.. Nov. 18—Hogs— Receipts, 16,500: market fairly actvic. 20® 25c lower: some light lights off 35c; top. $8.40; bulk. 110-260 lbs.. [email protected]: 100120 lbs.. [email protected]; sows. [email protected]. Cattle —Receipts. 3,000; calves, 1,500; indications, steady on steers mixed yearling and heifers slow: medium bulls steady to 25c higher; vealers. 50c lower at $11.5f;; other classes, steady. Sheep—Receipts, 2,000; market, fat lambs, opened steady; choice lots to city butchers. $7.75: packers bidding. $787.50; indications steady on sheep. By United Press CLEVELAND. Nov. 18.—Hogs—Receipts. 1.800; holdover, none: 20-25 c lower; all weights, pigs to 250 lbs. around, $8.65; rough sows. 57.25; stags. $5.25. Cattle — Receipts, 150; around steady with Monday’s close; bulls. 50®75c or more under late last week: low cuter and cutter cows around $283.75; cutter to medium bulls around s4@s. Calves —Receipts. 400; vealers fairly active steady to strong; spots. 50c higher; quality considered: good to choice mixtures. $12®13: strictly top kind at or about outside: only culls under SB. Sheep—Receipts. 1,100: lambs, strong to 25c higher: quality considered: good to choice. SBB 8.25; strictly top kinds Quoted higher: throwouts. $5.5086; sparingly $6.50: fat ewes largely $3; occasionally $3.50. By Times Special LOUISVILLE. Ky., Nov. 13.—Hoes—Receipts, 700; market, 35c lower; 325 lbs. up, $7.65: 175-325 lbs., $8.25; 130-173 lbs., $7.80: 130 lbs. down. $7.15; roughs, $7; stags, $6. Cattle—Receipts. 200; market, slow; prime heavy steers. [email protected]; heavy shipping $6.50@8; medium and plain steerg. S3B 6.50: fat heifers; s4@9; good to choice cows, $485; medium to good cows, $3.25® 4; cutters, $2.73 8 3.25; canners, [email protected]; bulls. s3@s; feeders, s6@7; Stockers, $3.50 86.25: calf receipts. 200; market, steady; good to choice, S7@9; mediums, SSB 6.50: common to medium, [email protected]. Sheep—Receipts, 100; market, steady: ewe and wether lambs. $7.50: buck lambs. $6.50: seconds. [email protected]: clipped sheep. s2® 3. Monday's shipments—Cattle,33l; calves, 246; hogs, none; sheep, none. By United Press • CINCINNATI. 0.. Nov. 18.—Hogs—Receipts. 5,300; holdover, none; fairly active, 25c to mostly 35c lower; bulk 170-260-lb. averages $8.50; odd lat, 300 lbs. downward, to sß.°s; 130-160 lbs.. [email protected]; Including some less desirable 170-180 lbs. with some throwout light lights downward to $8; sows. [email protected]. Cattle—Receipts, 350; holdover. 355; calves, receipts. 400; slow, about steady: odd lots of lower grade steers and heifers. $5.5087.25; sprinkling of more desirable kinds upwards to $9.50; most beef cows, $4®5.25; bulk low cutters and cutters. [email protected]: lighter weights. $2 and below; bulls mostly s4@s: top quotable, $5.50: vealers. steady; good and choice. s9@ll; lower grades veryslow, downward to $6. Sheep—Receipts. 500; active, about steady: better grade light and handy weight lambs. $7.50 to mostly $8; 90-lb. averages, downward to $7; heavier kinds. $686.50; common and medium grades, $687.50; fat ewes, s2@3. By United Press EAST BUFFALO. N. Y„ Nov. 18 —Hogs— Receipts 1,300; holdovers. 1.700; market more active than early, largely to packers, weak to mostly 10c lower, bulk desirable 150-240 lbs.. $8 90@9: lightweights. $9 8 £.25; packing sows. [email protected]. Cattle—Receipts 150; holdovers, unspld: bidding sharply under Monday's average: common grass steers $6. cowa unchanged, cutter grades, $2.2582.75. Calves—Receipts. 400: lambs strong to 23c higher; good to choice ewe and wether lambs, $8.25; mixed offerings. $7.75; throwouts. $6.25; inferior kinds. $5 50.

BELIEVE IT or NOT

' '' ''' 1,1 ' V * —The German aro-utecT *3ACKSQUIRES-btNetuYovkV-\ . , Broke his arm strikimg at /\ .. vino buictthe famous Mddsil f/W> in Moscow A HANDBALL (He did Hot buck live Wl f HAD HIS EYES PUT OUT By IYAH THE TERRIBLE tiov tz. 192.9 -So That he could not duplicate, this building. 3<w ■ I ■ - ■! —A r-/*

STREET CAR ACTION AT ONCE IS URGED

FIREBUG IS SUSPECTED Flames Damage H. E. Thixton Home. Family Out of City. Fire bslieved of incendiary origin damaged the home of H. E. Thixton, at 2024 Mabel street, more than S3OO early today. The Thixtons have been away more than two weeks. Firemen said they found doors open and gas jets turned on, with the front part of the house in flames. They did not know who gave the alarm. MANY CLOSED BANKSSOLVENT Institutions to Reopen Soon, Financiers Believe. By United Press The closing of fifty-nine banks in central and south central states generally was considered by leading financiers today as a measure for protection of depositors and predictions were that most of the banks would reopen when their boards were assured the institutions were free from danger of runs. In Arkansas, where forty-four banks suspended business temporarily Monday and today, and, two others were closed by the state, an optimistic statement was issued by A. B. Banks, president of the American Exchange Trust Company, Little Rock's largest bank. Banks, who is a heavy stockholder in outstate Arkansas banks, said he was conferring with local boards and predicted an early resumption of normal business. The recent failure of Caldwell & Cos. of Nashville, Tenn., was blamed by Senator Joseph T. Robinson for the temporary closing of the Arkansas institutions, while in Missouri and Illinois the closing of six small institutions also was considered due upon the previous closing of larger banks. Besides the forty-six banks in Arkansas, six banks were closed Monday in Kentucky, four in Missouri, two in Illinois and one in lowa. In practically all cases, it was emphasized that the banks were solvent and that the closings were protective rather than forced actions. KIDNAPING IS FEARED Wife Says Wealthy Tulsan Was Forced Into Car. By United Press TULSA, Nov. 18.—George H. Hurford. welathy Tulsa sportsman and bookmaker, was missing from his country estate today. Police investigated reports he had been kidnaped by gangsters nnd is being held for ransom. Earl Franks, detective chief* said that if Hurford actually was kidnaped. it is a bold challenge by a gang that has threatened several wealthy Tulsans with extortion. Mrs. Hurford. a maid and a caretaker of the country home eight miles east of here, said they were nearby at dusk Sunday when two armed men forced the sportsman into a motor car and drove away. She said telephone wires to the home had been cut when she attempted to call help.

Local Wagon Wheat

City grain elevators are paying 70c for No. 1 red wheat and Ssc for No. 1 hard wheat- ' NEW YORK COFFEE RANGE —Nov 17Hlch. Low. Close. September 5.53 5.53 5.53 December 6.59 6.55 6.59

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

Employers’ Group Declares Reorganization Should Be Immediate. Early reorganization and rehabilitation of the Indianapolis Street Railway Company is urged by the Associated Employers of Indianapolis in a letter to Mayor Reginald H. Sullivan, but three important consideratiorfs are involved, the letter warns. “Adequate* street car Service for Indianapolis citizens, at the lowest possible fare consistent with efficient operation and first grade equipment, is of paramount importance to the community, at this time,” said the letter, signed by Andrew J. Allen, secretary-manager of the association.

Suggestions Are Offered

But to accomplish reorganization in a “fair, equitable and sane plan,” the association recommends: “1. In event of change in the present management, the acquiring owner or organization, should be financially sound and thoroughly experienced in the transportation field; “2. A fair valuation for all parties concerned, should be established for the street railway property in its present condition. “3. To prevent extravagant charges for power and administration, but keeping in mind that no business or utility can be operated without a profit, reasonable safeguards should therefore be provided to protect the interests of the public as well as the owners.” Insull Plan Not Mentioned The letter made no mention of the pending Insull plan for acquisition and reorganization of the street railway company. “The interests of Indianapolis citizens will be jeopardized in our opinion, if the pending negotiations are long delayed,” the letter concluded. The same position recently was taken by the Merchants Association of Indianapolis. WOULD-BE SUICIDETS JAILED IN DRY CASE Police Hold John Ford, 20, Found Suffering From Poison. A would-be suicide found himself locked up in city prison this afternoon awaiting trial on a blind tiger charge. He is John Ford, 20, whom police found suffering with poison this morning in a rooming house at 132% West Ohio street. Ford said he had been despondent since he was forced to leave the home of Ray Humble at 1227 Park avenue Wednesday, when Humble appeared in federal court on a liquor charge and his case was taken under advisement because of his ill health. Humble’s wife, Ford’s sister, committed suicide by shooting about three weeks ago. After treatment at city hospital. Ford was remanded to city prison on the blind tiger change upon which, Nov. 12, he drew a continuance until Nov. 26. LAWYERSCONFERON SECOND POLICE TRIAL Special Venire Will Be Drawn for U. S. Jury Service Dec. 4. A special venire of fifteen will be drawn to form the jury in the trial of the second group of policemen in federal court Dec. 4. Defense attorneys were called into conference by Federal Judge Robert C. Baltzell today and asked if they would consent to this move. All agreed. The majority of the present and regular venire sat in the box during the police trial, in which all defendants were turned loose, and in the airplane liquor conspiracy. Defense attorneys present were Frederick R. Bonifield, Wilbur Royse and Clarence Nichols. *.

I-c wr Registered U. S. JL# y Patent Office RIPLEY

Following is the explanation of Ripley’s “Believe It or Not” which appeared in Monday’s Times: A Fish Which Swims on Its Back—The African catfish of the Nile (synodontus bat *isoda) is the only fish having the eccentric characteristic of swimming upside down. Asa cQnsequence, this fish has undergone a modification of color, its belly being darker than its back. The ancient Egyptians were aware of the singularity of this fish, which figure frequently in their hieroglyphics. Gil Dobie’s Record —During the year? 1908 to 1916, while Coach Gilmour Dobie was mentor of the University of Washington football teams at Seattle, his teams did not lose a game. In the sixty-one games played in these nine years, Washington scored 1,928 points to their opponent’s 119. Dobie also coached North Dakota Agricultural college, 19061907. and South Side high school, Minneapolis, in 1903, during which time neither team lost a single game. Wednesday: Gained weight awaiting death. NEW TRIAL IN MURDER CASE Lake County Slayer Wins High Court Fight. One Lake county murder case was reversed by the supreme court today and another affirmed. Arasimo Romeo, sentenced to life imprisonment on charges of second degree murder in connection with the death, Sept. 9, 1927. of Salvatore Bianco, was granted anew trial by the high court. An opinion, written by Judge Benjamin J. Willoughby, held the Lake criminal court erred in its instructions to the jury regarding voluntary and involuntary manslaughter. and ordered the lower court to sustain Romeo’s motion for anew trial. The appeal of James Tokacs, who was sentenced to life imprisonment following the slaying of Albert Creske late in 1928, was denied in an opinion holding the lower court did not err in overruling a motion for a r.ew trial. The case had been venued to Porter county and Tokacs pleaded self-defense in the alleged shooting of Creske following a quarrel. FASCISTSIN TRIUMPH Socialists Also Gain by Vote in Germany. By United Press BERLIN, Nov. 18.—Decline of moderate political sentiment in Germany today was emphasized by completeness of the Fascist and Communist triumph in communal elections throughout Germany. Most Fascist gains were made at the expense of the Nationalist party. Communists continued to cut into Socialist strongholds. The extremist triumph confounded political prophets who declared Fascist victories in the recent reichstag election merely were the top successes in reaction to economic depression The continued triumph of the Fascists definitely was believed due to discontent, emphasized by rising unemployment. Building Permits J. C. Preston, addition. 3634 Roosevelt. S7OO. Clara Caraway .foundation. 1529 Rembrandt. SSOO. Owen Sullivan, porch. 535 West Vermont. S2OO. H. O. Mertz, addition. 5365 Central. SSOO. Mark Cliff, dwelling and garage, 5150 Sangster. $2,800. Fred Schilling porch. 2114 Ringgold. S4OO.

We First Mortgage M 1 Ftetcbt Buy and Real Estate Bonds American Bid* s " ZAISER & ZAISER E M " k " '*>

;NOV. 18, 1930

STOCK SHARES SHOW WEAKER SELLINGRANGE Larae Blocks at Opening Taken at Slightly Lower Prices.

Average Stock Prices

Average of thirty industrials for Mondar was 18 50. off 6.18. Average of twenty rails was 1C6.91. off 1.76. Average ct twenty utilities was 64 18. off 228 Average of forty bonds was 95.54, up .01. By United Press NEW YORK. Nov. 18.-Settlmir down to a narrow rut the stock market turned dull today. The majority of Issues were lower, but many had risen above their lows of the day. A handful showed rising tendencies. Copper shares were steadier, as were motors. Losses were shaved down in the utilities. Auburn Auto was among the best performers. It rose nearly 4 points to 79 %. Others Advance Others of the small group of advancing issues included Sears Roebuck at 50%, up 2%; Montgomery Ward 19 %. up %; Goodrich 20. up 1; Allied Chemical 202%, up 1%; Warner Brothers Pictures 18%, up and Loew's 57, up ■%. Early declines in the industrial lis> has ranged to more than 3 points. These had been whittled down to around a point near noon. Steel was 143%, off 1%; American Can 113 3 *. up %; Westinghouse Electric 99%. off ■%; Radio 15%. off Ti, and General Motors 34%, ofl %. Coppers Higher In the copper division, Kennecott and American Smelting were fractionally higher. Others were fractions to a point lower, but well above the early lows. American Can assumed a more dominant position as the end of the second hour approached. Its rising ability inspired a steadier tone elsewhere. There was nothing in the news to affect prices and only one i notable change in general conditions—that in the money market where a firmer tone was noted, although the call rate held at 2 per cent. Scattered loan calling was limiting the supply of funds.

Bank Clearings

Tuesday, Nov. 18 INDIANAPOLIS STATEMENT Clearings $3,888,000.00 Debits 8,308,000.00 NEW YORK STATEMENT By Xjnited Press Clearings $1,142,000,000.00 SSiance 148.000.000 00 Fdl. Res Bnk. Cr. Bal 147,000.000 00 TREASURY STATEMENT By United Press Net Balance $98,311,502.52 Expenditures 8.157.217 73 Customs reels, month to date 18,834,820 21 CHICAGO STATEMENT Clearings $95,600,000.00 Balances 9,400.000 00

New York Bank Stocks

(Bv Thomson & McKinnon ( —Nov. 17— . , Bid. As'.. Bank of United States... 24 26 Bankers 109 un Brooklyn Trust 603 612 Central Hanover 257 ’i Chase National 101 102 Chatham Phoenix Natl... El 83 Chemical si 52 Cltv National 108 108% Corn Exchange 135 I*o Commercial 270 286 Continental 18% 19% Empire 56 ' 58 First National 3.750 3.925 Guaranty 475 173 Irving 34% 35% Manhattan St Cos 86 87 Manufacturers 51% 53 New York Trust 173 181 Public 67 68 Chelsea 25 26

New York Curb Market

(By Thomson & McKinnon) —Nov. 18— 11:30 1130 Am Com Pw A. 14% Mo Kan Pipe . 8% Am Gas & El.. 88 Mt Prod ,T * Ark Gas 6% National Sugar 29 Aviation of Am. 23 National Av .... 5 Brazil P&L... 26 National Inv 5% Can Marc 2% Newmont Min .. 57 Cities Serv 18% Nia Hud Pwr .. 11% Cord 4% Niles 22 Crocker St Wh. 9% Noranda 17% Durant Mot .. 1% Penroad 7 * Elec Bond Sh. 44% Prince St Whtlv. 1% Ford of Can ... 19%'Sel Indus 2% Ford of Eng.. 14% Std of Ind ... 36% Fox Theater .. 5% Std of Kv 21 . Goldman Sachs 9% Stutz 1 Gulf Oil 78 Un Gas (new I .. 8 * Hudson Bay .. 5 iUd Lt & Pwr... 27 * Humble Oil ... 70 Un Verde 7% Ind Pipe 22% Ut Pwr 9 Ind Terr A.... 20% Vacuum Oil ... 62% Int Pete 14% Walgreen 28% Midwest Ut ... 20

Investment Trust Shares

(By R. H. Olbson & Cos.) —Nov. 18PRICES ARE TO 12 NOON C. 8. T Bid. Ask. Amer Founder's Corp com 5% 6 Am 4 Gen Sec A 14% .. Am Inv Trust shares 5% 6% Basic Industry shares 6% 7>* Corporate Trust shares 6% B’* Diversified Trustee shares A... 17% 18% First American Corp 7% 3% Fixed Trust OH shares 8V 6’ Fixed Trust shares A 16 Inv Trust NY 6% 7’* Leaders of Industry series A.. 8% . Nation Wide Securities 6 7 7% National Industry shares 6% 7% N Am Trust shares 6% 7 Sel Am shares 5% 6 Shawmut Bank Inv Trust.... 10 12 Universal Trust 6% 7' S W Strauss Inv Units 45 54 Super Corp of Am Trust sh A 7'/a ~'i Trustee Std Oil A 7 Trustee Std Oil B 7Vi 7% U S Elec Light 4 Pwr A.. 30V* 32% Chicago Stocks Opening 'Bv James T. Hamill & Cos.) —Nov. 18— Assoc Tel Util.. 21% Elec Hsehold .. 26 3 Auburn Motors 74 Insuil com .... 42% Bendlx Avlat .. 16 Majestic Hsehold ,• Borg Warner .. 16 7/ 2 Middlewest com 20 . Cent So West. 18*4 Natl Securities c Vs Cord Corpn .. 4% Natl Securities n7O Conti Chi Cor c 8% Natl P* 4 Lt 61 1 Conti Chi Cor p4O Swift 4Co ... 23 Chi Corp com. SVU S Radio & 7 16’ Chi Securities.. 17 Util 4 Indu com 3 i Grigsbv Grunow 4% Util 4 Indus nfd 13 • INITIATE EAGLES CLASS First of Scries of Armistice Day Groups Is Inducted. First of a series of Armistice da ' classes to be inducted during November was initiated by the Indianapolis Eagles’ aerie Monday night. Edward Sheehan, past president of the Seattle (Wash.) aerie, the first Eagles’ organization formed thirty-two years ago. was the principal speaker. He said that membership of the order today totals 600,000 and its assets are more than $45,000,000. RAW SUGAR PRICES —Nev. 17— January 1.44 1.41 141 March 1.52 1.48 1 43 May 1.59 1 54 1.54 July 165 1.61 I.SI September 1.71 1.63 l 63 December 1 40 1 35 ! ~.j