Indianapolis Times, Volume 42, Number 170, Indianapolis, Marion County, 25 November 1930 — Page 14

PAGE 14

STOCK MARKET TURNS UPWARD IN NEW RALLt Early Advance of Steel Is Followed by List: Trade Active.

Average Stock Prices

Average of thirty industrials for Moudav was 188 27. no .23. Average of twenty rails was 109.88. off 1.05. Average of twenty utilities was 66.62. ofT .03. Average of forty bonds was 95.59. uo 01. By United Pn ss NEW YORK. Nov 25.—With the exception of mercantile and amusement groups, the stock market advanced fractionallly to 3 points in the morning part of today’s session. United States Steel, the leader, rose nearly 2 points to 149%. Other steel shares followed. Allied Chemical rose 3 points to 210'r on declaration of a 5 por cent stock dividend the same as last year. Utilities picked up in activity and strength around noon. Oils firmed up, despite reductions in gasoline in the New England area. Railroads Active Railroad equipment shares made ihc best group showing in months as roads came into the market with huge orders, the feature a 55.000.000 inquiry for fifty locomotives by New York Central. Railroad shares improved as roads continued to report improvement in October over September. Motor shares were firm, as were motor equipments, while coppers moved up fractionally. Trading volume continued quiet. The grain market reacted, with wheat down a cent a bushel after a lower opening. Cotton futures opened steady, and around noon were rising in moderately active trading Bonds were quiet, with prices mixed. Bonds Advance Foreign bonds advanced with German issues featuring, the annuity s'is rising more than a point to 71 ’ 2, against a recent low of 68. Sales to noon totaled 1,013,600 shares against 792.900 shares in the corresponding period Monday. Around noon Steel was up I*.-. Bethlehem up 1; American Locomotive 34”5,, up 2 5 4, Lima Locomotive 25%. up 3: Consolidated Gas 9 Vi, up lU: Western Union 147. up IS; Atchison 196%, up 2 1 L; New York Central 135. up 1 1 4; Fox 33%. off I'*: Loews 59*2. off l'i: Montgomery Ward 24 1 4. off "4, and Sears Roebuck 58. off "s.

Bank Clearings

INDIANAPOLIS STATEMENT Tuesday. Nov. 25 — Clearings $7,862,000.00 Debits 7,677.000.00 NEW YORK STATEMENT Nov. 25 By United Press Clearing. $916,000,000.00 Be'anee ... 116,000.000.00 Fd! Bnk. Cr. Bal 101,000,000 00 TREASURY STATEMENT —Nov. 25 By United Press Net balance for Expenditures . ... . „?• §4O. 416.a Customs rects. month to date. 28.84a.555.79

Net Changes

By United Press NEW YORK. Nov. 24.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow; Up. Off. American Can 119% % . ... American & Foreinn Fower. 40 * ... a American Telephone 191 < Bethlehem 64% . . , case 11$ Consolidated Gas 90 - % .. General Electric 51 x General Motors 36% % International Nickel 18% % • Tnteernational Telephone.. 29 , . * r oew's Inc 61 ■ •, • 1 Monteomerv Ward 25'. 1% National Power 39% 2 * Packard 10% % ... Radio l‘: ■ s-ars noebuek 58' 3% ••• Sinclair ••• Standard Oil N J sf% % Union Carbide 63 a••• tT S Steel 1%% % Westinxhousr Electric . 104 < .

New York Curb Market

(Bv Thomson & McKinnon) -Nov 25 11:30 11:30 Am Com Pwr 14% Midwest Util... 21 vm Gas A- El. 94 Alo-Kan Pipe .. 8% Am Lt * Tr. .. 45 Mt Prod 6 Ark Gas .... 6’* National Jnv.... 6% Aviation ot Am Nat Pub Serv A 11% Can Marc 2% Noranda I<% Cities Serv .. . 20% renroad ....... <. Con' Gas 88% Prince Ax Whtlv. 1% Cord 5% Salt Creek <% Durant Mot ... 1% Shenandoah .. 6% Flee Bond Sh. 49% Std of Ind 36% Ford of Enc . 16% Std of Kv 24 Fox Theater 5% Stiitr 1% Goldman Sachs 12 Un Gas .new). 9> Gulf 0:1 79’, Un Lt * Pwr.. 2J*s Ind Pipe 23 Ut In Ind 8 tnsull Util . 43% Ut Pwr 12 Tnt Pete • 15

Investment Trust Shares

ißv R H. Gibson & Cos l - Nov. 25PRICES ARE TO 12 NOON (C. S. TANARUS.) Bid. Ask. Amer Founder’s Corp Com .. 5% 5% Am & Gen Sec A” 14% 15% Am In*’ Trust Shares 6 6’ - Basie Industry Shares 6% 7% Corporate Trust Shares 6 s * 7% Diversified Trustee Shares A.. 18 1 ■ 19V, First American Corp 8% 8% Fixed Trust Oil Shares . . 6% 7 Fixed Trust Shares “A" .16’ !nv Trust N Y 7% 8 : l eaders of Industry. Series ’ A’’ 8 s ® Nation AA’ide Securities 7 National Industry Shares... 7 N Am Trust Shares fit* 7% Sel Am Shares 5% 6% hawmut Bank lav Trust .9 11 Universal Trust % 7’* S W Strauss Tnv Units 45 54 Super Coro of Am Trust Sh A 7 % 7% Trustee Std Oil ’A’ 7% Trustee Std OU B 7% 7’, IT S Elee I'qht A- Pwr A 20% 72 5 ,

New York Bank Stocks

ißv Thomson & McKinnon* Bid Ask America 68 70 Bank of United States. '7'■ !!> Bankers 113’, 114'. Brooklvn Trust 602 610 Central Hanover 732 237 Chare National .... . 10.7 104 Chatham Phoenix National 80 82 chemical *9 49’ Citv National 109 110 Corn Exchange 172 ’76 Commercial 280 295 Continental 17”, IS' thicire 56 58 First National 3.975 4.050 Guaranty 493 495 Irvine 36 1 . J7’ Manhattan & Cos *9 90 imufacturers 25'a 23’. New York Trust 176 179 Public 81 82 Building Permits limes Shacklev. dwelling and cardge 1809 Kessler boluevard. $4,850. William Prosch. dwelling and garage 1328-30 Houston. 84.250. Svlveatar Indenmalr. dwelling. 921 York. $4 000 Nellie Howe, garage. Salem. $250. Goldstein Brothers, reroof 146 East Washington. *224. HAW SUGAR PRICES —Hov. 84— High. Low Close. ■lacuarr 1 40 1.33 1.37 starch ... 1 48 1 42 1.43 Mav 1.55 1.50 1.52 l2l? 1.62 1.57 1.80 Sente irber 1.88 16.7 1.68 rjemter 1,25 127 1.31

New York Stocks Rv Thomson & McKinnon

Prev. Railroads— High Low. 1130. clove. Atchison fS? st! coast Lu.e •*! Balt A- Ohio. .77 76’, <7 <], Chesa & Ohio 44 43'.* 43 j Cbesa Coro *2 Chi Grt West . . ' * Chi N West 43% C R l A P S?, 3 Dei LAW. ,52 4 Dei & Hudson.. . . ,* *, Erie 31 4 31% 31** 31% Great Northern Gulf Mob & Oil .. Illinois Central.. .. 83 83 < M K & 52,. Mo Pacific - J '* Mo Pacific pid. :* N Y Central., 134% 133*z* 133 2 ! lc-‘ Nickel Plate Us Nor Pacific * a 2 7 4 Norfolk & West. .. -:. .?, 4 Pennsylvania ... 61% 61 a 61, 61 Reading So Pacific Southern Rv St Paul p:d ... 13% 13 13 ■f > St L A- Sf .SS - rp< ae J* pft(- ... . - • Union Pacifiic .189 188% 188 3 , ... Wabash •.•3,. W Maryland ... 15-s 15% la a West Pacific .. • •* • 11 Equipments— , -- Am Car A* Fdy. 37% 3.-a 3. . 36. Am lomotive 33% 32 s 33 z 3- , Am Steel Fd. 31 30% 30 a *0 - Am Air Brake S . • *•* Gen Am Tank. . 68% b 7% 68 61 r General Elec 51f* 507a 51 . Ge:i Rv Signal /2% *1 ™ * L rna Loco. ■Press Stl Car -2 * Pullman . ,7, WcstinSh Elec'.'.los% 104% I<M% 104% Goodrich ?L. n* Goodyear . .. uO% o 0 50 , vO_e Kelly Snrgfld 3 , - Lee Rubber U S Rubber ■•* 16 16 ” Motor!. .... fro 70 Auburn 78 <7 * *8 Chrysler 19 .a. 18 1 * 19 13 Gardner , * C raham Paige .. ■ 4 ’ a General Motors 36’.* 36 ■ 30 , ;' u , H. dson 26% 26% 26% 2*; Mark 47% 47 47 46 v* Nash .W3o*, 3p% f 30'4 33;, c'tarci 10% lO’o 10% 3 Reo 9* 9% 9-t 9,® Studebaker 24 1 n 24 24 24 Ypllo’.v Truck . 12'a 11% U a < 11 3 Rcndix Aviation 20' 8 19 3 ,4 19 ■ J9“-> Briggs 18 li 3 1 ’' 2 J 7 2 Badd Wheel .... 10 3 10's 10G 10 2 Raton I*4 Ig-a -11 Storage B 39 U 59 s Haves Body * Honda 8 6 Motor Wheel .... J '■* Sparks V 12 ’ 12 12 12 St v* art Warner 21 21 Timkln Roll 48T* 48 s * 48% 4ih riininR — Am Aletals ••• ?0Am Smelt 52 51 Vi 51'-* ol Am Zinc 0 -' A:r ;onda Cop.. 37 1 3 36’j 37 36 „ C?! & Itecla 10* 11 C- 1 & Ariz • • •, 34-i Cerro dc Pasco .30 29ti 29 2 JflVj Freeport Texas. . . ... 33*® -33% Granbv Corp .. 18 17V* 18 17 ‘,2 Great Nor Ore,. . .. 22% 22V* Howe Sound , ... 24 Inv Nickel 18** 18‘a 18G IS I.® 1 .® l' piration . 10! 10 10‘* 10 !'• ynecott Cop.. 28s 27T® 23% 2i*,,i fagma Cop .. ... 3-U Maml Copper. .... 10. 10 Nev Cons 12% 11's U'/s 11% Texas Gul Sul 53% 53 V? U S Smelt 23 Oils— Ame-Kda . 22 Am Republic 10 ... Atl Refining... ..... 22 23'.* Bernsdall ... 15 14 T s H 15 Btaeon 10 Houston ... 10 S’b Hid Oil , ij;? Tndirna Refining . 4 3 * 4% Me-: Sbd 14*4 13% 14U 13% Mid Conti L s ® UJ4 Pan-Amer <Bl ••• 42;* Phillips 19’a 19 s * 19% 19 m r Oil A Gas.. 19% 19V* 19% 18% Pure Oil llj* Royal Dutch, . . ... 39 WS Shell On 8 1 2 B*4 B*s Simms Pt • 8 ® Sinclair . . . 13 3 * 13% IS 3 * 13 3 * S';ellv 14% )4_ Sear.dard of Cal. 50’-a 50V® SOU 50'® R pndar dot N.l 54** 53% a4 3 * 5f , standard of ky 25% 2a>* 2,1% 2a% Texrs C 053338 3 * 38>t Ur.on Oil 8-/4 Steels— Am Roll Mills . 35 s * ?5 30% 34;* Bethlehem ..... t>6'3 G 4 '* 65 64**.; Bvers A M .... 48*. 47% 48 s ® 47J® Colo Fuel 26% 25% 26% 25% L’.’.dlum 15 14% 1 14% Midland 25 24% 25 Newton ... •• • 20 Repub lAS ... 21% 20% . 20% 19% U S Steel 149% 148 149_ 147% Vanadium 59*4 58 5878 57% Youngst SAW 247* Tobaccos— Am Sumatra ... 8% 8% 8% 8% Am To (Anew). 103% 107% 108% 106% Am To B new' .110% 109*5 110% 110% Con Cigars 29 31 General Cigar .... . . 38 37% Lig A Myers B 86% 86 86 85y 2 Lorillard 1474 14% 14% 14 Reynolds Tcb... 45% 45% 45% 45% Std Com Tob 3’* 4 Tob Pr A 101* 10% United Cig 5% 574 dirties—\’’itibi ... ... 11% Arif. Exp 20% 20 V, 20% 20 Am For Pwr. ... 41 1 40** A0 S , -’O 1 * %. P r A Li 63% 53% A T A T 192 191% 191 % 191 Cel Gas A El. 39% 38% 39% 38% Co.i A 50u.... 9% 9% 9% 97, El Pwr A Li.. 47 46'* 46'* 467* On Oas A ... 6 6 Tiiti T A T 29*4 28Vi 28*4 29 N; I Pv.r ALi . 38% 38% 38*® 39% No Amer Cos .... 75% 74% 75 747* Pa" Gas A; El 497* Rub Serf N J 76% 76% 76% 76% So Cal Edison 49% Std G & E 1.... 71 70*4 70% 707a United Corp 20% 19% 20 20 Ut Pwr ALA. 27 26% 27 26 Shinning— Am Inti Corp. . 33'* 22% 23% 22% Int! Mer M pfd. .. . . ... 17 No Gm Lloyd ... 31 s * ... United Fruit 67 66% Foods— Am Sugar 52 51*4 52 51** ! Armour A 4% 47 4 4 s ® 4 i Beechnut Pkg 51% 1 Cal Pkg . 53 52% 7 Can Dry 42 41% 42 41% Childs Cos 31% ! Coca Co'.a . . 156*4 156 1 Cont Baking A . 22% 22 22 2171) Corn Prod 81',2 817a i Crom Wheat. ... ... 29 1 Cud ah v Pkg 42 41% 42 41% ! Gen Foods 52% 51% 52% 52 Grand Union.. 137a 13% 13% 12% 1 Hershev ........ . ... 88 Kroger 25% 25 25 25 Nat Biscuit. 79% 78% 78% 78*4 Pillsburg 30% ... Safeway St.. 56% oo 56% 55% Std Brands. .... 17 16 17 16% Ward Bkg a',® Drugs— Cotv Inc 11% 10% 11 10’a Lambert Cos 82*4 82% Industrials — Am Radiator 20% 2074 20% 2074 Bush Terms 36 3 ® 26 Certainteed 3% Gen Asphalt . . 30% Otis Kiev 58 56% 58 56*® Indus Chems— Allied Chem ...210 209 210_ 207% Com Solv 19 18% 18's 18-, j Union Carb . 63 3 4 63 63*4 63 U S Ind A1c0... 71 67 s * 71 67% Retail Stores—--1 Assoc Dry Gds. . 30% 29% 30 2g3„ I Oimbel Btos ... B'4 7% 8% 7*4 Nresge S S .. 29% 28% 28% 28% ; May D Store . . 36% 35 s * 35% 26% 'Mont Ward .. . 25% 24% 25 25% Penny J r 38’, 36% 37 s * 36%

Produce Markets

Eecs /Country Runt—Loss off delivered tn Indianapolis. 25c: henerv ouality No. 1. 38c: No. 2. 15c Poultry (Burins Prices)—Hens, welehine 5 lbs. or over. 17c: under 5 lbs.. 16c: Leghorn nens 13c: springers. 5 lbs. or over 17c or undfr 5 lbs., 16c: ducks, -printers. 12c: old cocks. 90)1 lc: ducks full feather fat white. 11c: geese. Bc. These prices are for No 1 toD quality ai’wted bv Kingan At Cos. Butter (wholesale)—No. 1. 35ffi36c: No. 2. 35c. Butterfat—3lc. Cheese 'wholesale selling price per pound' American loaf. 31c: pimento loaf. “2cr- Wisconsin firsts. 27c: Longhorns. 34c: New York Llmbercer. 36c. United Press NEW YORK. Nov. 25.—Flour—Quiet and : teiidv; spring patents. $4.55 ■/ 4.80. Pork Firm: mess $31.50. Lard—Firm: middle west spot. 510.254110.55 per ib. Tallow Ouiet: cpeeisl to extra. 4%</4%r per lb. Potatoes—Quiet: Long Island. $1.50453.25 per hbi. Maine. $2.35453.10 bhl : Canada. 'Ac MBS per bbl.: Idaho sacks. 50erd3. Sweet potatoes—Steadv: southern baskets. ,'•0SI .40 southern bbls.. s2®i 3.25: jerry baskets. 50c n $2.25. Dressed poultry— Firm: turkevs. 21'<?37c: chickens. 16®37c; fowls. 14'uSrte: ducks. 154522 c: ducks. Long ■‘ and. 20V/2IC Live ooultrv—Steadv to - r — ceere. ll -i s!6c: ducks. 124723 c: fowls. <8 "0c: turkevs. 30c; roosters. 17il8c: ■hiekens. 20 <5 28c; capons. 33540 c: broilers 2%>35c. Cheese—Quiet; state hole milk, fanev to special. 21®22%c: • cung Americas. 194521 c. Chicago Stocks Opening *Bv James T. Hamill & Cos.) - Nov. 15— Open Open Ber.dix Avia . 19% Chg Corp Com.. 5’ , Bore AVarner .. 19 Insull Com .... 42% Cont’l Ch C Cos 8% Majestic House. . 8% Cont’l Ch C pfd eo Marshall Fields 34% Ch Corp Pfd 39 s * Middiewest Com. 20% Elec Household 28 Nat l Standard. 26% Chgo Secur .17 US Radio & Tel 20 Gen Then Equip 19% Util & Indus Cos 8 Grigsby Grunow 4% Reports Child Malady Seram By United Press NEW YORK. Nov. 25—A new serum for infantile paralysis, said to have been effective in some cases, was reported to the New York County Medical Society by Dr. Marcus Neustaedtcr.

Schulte Ret St . 5 4% F-ars P.oe 58% 57 58% 58% ' oolworth 64% 63% 63% 63% Amusements— Bruns Balke ... 11 117* Col Graph .. .. 11*4 11% 11% 11% Crosley Radio 6% Eastman Koo . 169% 158% Fox Film A 33% 32% 33% 34% Grigsby Gru 4% 4% Loews Inc . . 61% 59% 60 61 Param Fam ... 46% 45% 45% 46% Radio Corp 18% 17% 18% 17% R-K-O 22 s * 22% 22 s , 22% 6chubert 6% 6% Warner Bros . 19% 18% 18% 19% Miscellaneous— Airway App ... ... 11% City fee A Fu.. 37*4 37% 37% 37% Congoleum 8% 8% 8% 8%. Am Can 120% 119% 120% 119% Cont Can . . .. 51 s * 50% 51 s , 51% Curtiss Wr 3% 3 s , 3 s , 3% Gillette S R 34% 33% 33% 34 Real Silk 38%. 35% 3f% 35% Ulen 16 s ,

SURPLUS WHEAT OIFT TU POOR UF U. S. URGES Senate Farm Group Hears Pleas in Support of Capper Proposal. WASHINGTON. Nov. 25.—Pleas for a release of government-owned wheat to feed the unemployed are being received by senators in support of the suggestion of Senator Capper (Rep., Kan.) that 50,000,000 bushels be given away in the form of bread. William G. McAdoo, secretary of treasury in the Wilson administration, has written Senator Borah (Rep., Ida.) and Chairman McNary of the senate agricultural committee, which is discussing the farm problem today. McNary has had considerable correspondence on the subject. Capper, a member of the committee, has suggested feeding the unemployed with flour from surplus wheat but the committee has taken no action, McNary said. Lcgge Opposed Plan Borah has a tentative counterproposal to send 100,000,000 or perhaps 200,000,000 bushels of wheat to China. That has not been suggested to the meeting of the committee, but McNary said it had been proposed some time ago at a previous committee hearing. John Barton Payne, chairman of the Red Cross, said the plan was impracticable because of distribution problems in China. It also was argued that the Chinese do not and probably would not eat wheat products. Chairman Legge of the federal farm board then was reluctant to undertake any such charitable program and suggested when the project was discussed some time ago there should be a direct appropriation to the Red Cross if wheat were to be sent China. Purchase Effect Studied What shall be done with the millions of bushels of governmentowned wheat is a question none in Washington can answer. Just now there is less interest in its disposition than in the effect of the government’s purchase of the grain. It is intimated, however, that regular Republicans, at least, will urge that the government hold the wheat for at least three years, if necessary, to • avoid a weak market. in the Air Weather conditions at Mars Hill airport at 9 am.: West wind, 11 miles; ceiling, 1,500 feet; overcast light snow; visibility, 8 miles; barometric pressure at sea level, 29.77; field good. Airships Held Unsound By N E A Service ¶ LONDON, Nov. 25.—‘‘Technically, commercially, and politically, light-er-than-air ships at present are unsound.” ¶ That is the opinion of Professor A. M. Low, who commanded the R. F. C. experiment corps during the war, and whose statement was provoked by the recent R-101 disaster. ¶ “Airships like the R-101 cost about $2,500,000, and although approximately the size of the Mauretania, can carry a mere fifty passengers as against 2,000. Thy [They] can stop only where there is a mooring mast, and a mooring mast costs about $350,000. ¶ “It is more than doubtful if airships ever will be serviceable for passenger-carrying purposes. As air-liners, they are death traps. Nothing could be clearer than that. ¶ “What is not so clear is how anybody with the slightest knowledge of the very real possibilities of airplanes ever could be persuaded to finance these bloated freaks.” Talk Airport Lights Proposal to iHuminate municipal airport with neon lights was laid before airport officials Monday by Charles Burtop, manager of the aeronautical lighting division. Flexlume Corporation, Buffalo, N. Y., who visited Indianapolis on a oneday air tour of eight midwestern cities. Burton was accompanied by Lawrence D. Bell, vice-president and general manager, Consolidated Aircraft Corporation, and W. B. Wheatley, pilot. Their craft was anew eight-passenger Fleetster monoplane, capable of 200 miles an hour speed. The visitors attended the formal opening of the C. V. Harris Company. 1751 South Meridian street, distributors in Indianapolis and thirty-six Indiana counties for the Flexitime Corporation, manufacturers of neon lights and airport beacons. PROSPERITY PREDICTED Telephone Company Head Believes End of Depression Is Near. By United Press SALEM, Mass.. Nov. 25.—Walter S. Gifford, president of the American Telephone and Telegraph Company, believes the end of the current business depression is imminent and predicts the advent of a sustained period of unprecedented prosperity. He spoke Monday night at Essex institute, on the site of Alexander Graham Bell's first experiments with the telephone. Train Kills Motorist WABASH, Ind., Nov. 25.—Ernest Hanes. 50. Wabash business man. was killed here today when his automobile was struck by a train. Warning signals .were operating, witnesses said. *

THE INDIANAPOLIS TIMES

PORKER PRICES DROP Si GHTLY AT CITY YARDS Cattle Trade Very Active: Vealers Seil Higher at sll Down. Nov. Bulk. Early Top. Receipts. : 18. 58.40 $8.45 1.000 : 19. 8.20 8.25 9.000 1 20. 8 23 8 30 8.000 21. 8.30 8.35 9.500 22. 8.30 8.35 6.500 ' 2*. 8.40<-ri. 8.50 8.50 8.000 ; 25. 8.35 8.50 9,000 Hogs took a slight drop this morning at the union stockyards, the mai’ket holding steady to 5 cents lower than Monday's average. Underweights showed the greatest de- ■ cline. The bulk, 160 to 300 pounds, • sold for 58.35 to $8.50. Early top holding at the $8.50 figure. Receipts were estimated at 9.000; holdovers General trade in cattle was active, the market strong to higher, j Receipts were 1,600. Vealers were 150 cents up, selling at sll down. Calf receipts were 600. In the sheep market lambs were strong to 25 cents higher, the bulk selling at $7.50 to SB. Top price was $8.25. Receipts were 1,700. Chicago hog receipts were 35,000, including 5,000 direct. Holdovers i were 5,000. The market held plow ! with a few early sales 5 to 10 cents lower than Monday’s average. Good to choice 190 to 220-pound | weights, $8.25; 260-pound weights, $8.30; some held higher. Cattle receipts, ILOGC; calves, 2,000; market strong. Sheep, 15,000, strong. noGii Receipts, 9,000; market, higher. —Light Lights—l (140-160) Good and choice...® 8.25(g) 8.35 —Light Weights—i (160-180) Good and choice... 8.35® 8.40 1 (180-200) Good and choice.... 3.35@ Bi4o —Medium Weights—-(2oo-220) Good and choice .... 8.40® 8.45 , (220-250) Good and choice.... 8.40® 8.50 —Heavy Weights—- | (250-290) Good and choice... 8.45® 8.50 (290-3501 Good and choice.... 8.25® 8.50 —Packing Sows — ! (275-500) Medium and g00d... 7.00@> 7.75 j (110-130) Slaughter nigs B.oo® 8.15 CATTLE (Slaughter Class) Receipts. 1,609; market, steady. | Good and choice ®11.C0®13.25 Common and medium [email protected] (1,109-1,500) Good and choice $10.259713.90 Medium 7.00®i0.25 —Heifers—-(soo-850) Good and choice 8.5095)11.50 Common and medium 5.00® 8.50 Good and choice 5.25® 6.75 Common and medium 4.00@ 5.25 Low cutters and cutters .... 2.50® 4.00 ■ —Bulls (yearlings excluded) Good and choice beef 4.75# 6.25 Butter, common and medium.. 3.00@ 4.75 CALVES AND VEALERS Receipts. 600; market, higher. Good and choice $10.509511.00 Medium 7.50 @10.50 Cull and common 4.50® 7.50 —Calves—-(2so-300) Good and choice 6.50# 9.50 Common and medium 4.00@ 6.50 STOCKER AND FEEDER STEERS Good and choice $ 6.00® 8.25 i Common and medium 4.00@ 6.00 (800-1.500) i Good and choice 6.00® 8.25 j Common and medium 4.25® 6.00 SHEEP AND LAMBS Receipts, 1,700; market, higher. ; Good and choice $ 7.5097 8.25 i Common and medium 5.00® <.50 —Ewes — Medium and choice 2.50® 4.00 Cull and common* I.oo@ 2.50 Other Livestock | By Times Sjicciril LOUISVILLE. Ky.. Nov. 25.—Hog:—Receipts. 800: market 10c lower; 325 lbs up, ! 5T.75; 175-325 lbs.. 58.35: 130-175 lbsl, $7.95; I 130 lbs. down, 57.25: roughs. 56.75: stags. $3.75. Cattle—Receipts. 100: market steady: prime heavy steers, $89x9.50; heavy shipping steers. $6.50 @8: medium and plain steers. [email protected]; fat heifers, $4.50® 9.50; good to choice cows. $49x5.25; medium to good cows. $3,259x4; cutters, s3® 3.25; canners. [email protected]: bulls. s3®s; feeders, 56.25®7; Stockers, [email protected]. Calves—Receipts, 203: market 50c higher: good to choice. s7@9: mediums. ss@7: common to medium. $3975. Sheep—Receipts, 100: market steady: ewe and wether lambs. 37.50: buck lambs, $6.50; seconds. $497 4.50: clipped sheep. s2@3. Monday’s shipments: Cattle, 93; .calves. 281; hogs, none: sheep none. By United Press PITTSBURGH. Nov. 25.—Hogs—Receipts. I. 15-250 lower, 120-220 lbs., $8.759< 3.80; 230-280 lbs. $8.50978.65; packing sows, steady at [email protected]. Cattle—Receipts. 10: market steady. Calves—Receipts. 100; steady; good and choice vealers. $99x12.50; common and medium, mostly [email protected]. Sheep—Receipts. 500: steady: top fat lambs. $8.75; heavy lambs, $1.50; common ! grades. [email protected]. i By United Press ! EAST BUFFALO. N. Y . Nov. 25.—Hogs j —Receipts. 500: holdovers. 900: market , slow, shippers inactive, weights above 150 lbs. 5c to mostlv 15c lower, lighter weights steady to 25e higher, bulk desirable 160- ! 210 lbs.. $8.85; 220-260 lbs.. $8.75: 130-150 lbs.. $9; pigs. $9.109<9.25; packing sows. [email protected]. Cattle—Receipts, 75; cows unchanged: cutter grades $2,509x4. Calves— Receipts. 100; vealers fully steady. $12.50 down. Sheep—Receipts. 500: holdover.'. 11, lambs ouality plain, slow, weak to 25c lower: good to choice. $8,506x8.75; medium kinds, $7.50; throwouts. [email protected]; inferior kinds. $5. By United Press EAST ST. LOUIS. HI.. Nov. 23.—Hogs— Receipts. 13.000: market, opening slow and unevenly weak to 10c lower than Monday’s average; pigs. slow, fairly steady with low time Monday: sows, steady; most 160-230 lbs.. $8.2597:8.35; top, $8.40; 100-140 lbs.. $79/8.15: sows. $7.259( 7.40. Cattle—Receipts. 3,300; calves. 1.200; market: steers strong: mixed yearlings and heifers, steady to strong; cows, steady; bulls unchanged: vealers, 50c higher at sl2; top sausage bulls, $5. Sheep —Receipts. 3.00: market: slow, no early sales; packers sentiment near steady. By United Press CLEVELAND. Nov. 25.—Hogs—Receipts, 1.700; holdovers, none; steady to 15c lower; mostly 10@15c off on stronger weights; pigs to 275 lbs., $8.75: few plain ( quality. $8.65; rough sows, $7.25; stags. $5.25. Cattle—Receipts. 100: little offered; quotable strong at Monday’s advance, on | all classes represented: package plain j steers and heifers, $7.25®8.75; scattered 1 good cows upward to $6 and above; 1 calves, receipts, 400; vealers. active, strong | to 50c or more higher, quality considered; better grade. $12,509x13 or above: common to good. SB9/12 according to kind. Sheep —Receipts. 1,800; strong to 25c higher on fat Jambs; better grade. $3.2547 8.75; throwouts, $5,509(6.50; heavies, $6.50® 7; sheep around steady. By United Press CINCINNATI. Nov. 25.—Hogs—Receipts. 5.000: holdover none, active, mostlv 10c lower on weights 160 lbs. up; lighter weights weal: to mostly 25c lower; better grade 160-250-lb. averages largely $8.65: 120-150 lbs., mostly $8.25; some of best strong weights, $8.50: sows about steady: bulk $74/7.25. Cattle—Receipts. 400; calves. 300: active; steers and heifers strong to unevenly higher: in-between and lower grade steers and heifers showing advances of $1 or more over a week ago: all gfades cows fully steady to strong; other classes about steady; odd lots lower grade steers and heifers. $6,506x8: few more desirable kinds. $8.50@10: nothing choice offered: most beef cows. $4.254/5.50: bulk low cutters and cutter cows. $2,504/ 3.75; bulls. $5.50 down; good and choice vealers. S9@JI: lower grades downward to $6. Sheep—Receipts. 300; fairly active: better grade light and heavyweight fat lambs strong: spots 50c higher, mostly $8; choice offerings up to $8.50; lower grades little changes: common and medium. ss® 6.50; sheep steady: fat ewes. s2@3. UNION URGES BUILDING i Resolution Asks Increased Construction of Public Projects. Increasec construction of public | structures as a relief to unemploy- ! ment was sought in a resol uttCR adopted Monday night by the Central Labor Union. The union is coperating in the move of the Chicago Federation of | Labor to urge President Hoover to | order immediate start of govern- ! ment construction projects. Artery in Leg Severed A piece of glass slashed an artery j in the leg of Mrs. Myrtle Hartman. 38, of 568 Highland avenue, today as she crawled through a window in her coal shed to get coal. She was taken to city hospital.

BELIEVE IT or NOT

WAS CAught by TSuTcuFf FRENCH POET Victoria, B.C 0809-1863) 2.0 INCHES ACROSS ' V\J>* ' ' FROM THE SAME AMP 15 INCHES TALL PASSER IN THE LAST SEND VS SEASi&e | was grouib by a rgiEsTdi IntONNE, Fi-qnce /f-MINUTES OF The GAME \ orego/J 7 / -A5" © 19J0. King Fcaturo Syndicate. !e<_ Great Britain righta reaeryeA

Dow-Jones Summary

Tulsa daily average production of crude oil in week ended Nov. 22 total 2.270,130 barrels, decrease of 35,794 barrels, according to Oil and Gas Journal. Light oil output decreased 26.586 barrels daily. London-New York cables opened at 4.85 19-32, unchanged; Paris. checks, 123.60; Amsterdam, 12.065; Italy, 92.755; Berlin. 20.36. Delaware Lackawanna & Western Railroad September quarter net income $1,949,365 after charges and taxes against $3,568.281 ill 1929 quarter. Nine months $4,589,935 against $9,404,249. Nebraska v.inter acreage is 12 per cent less tha,n last year, but crop is in 95 per cent condition, according to federal crop survey. Construction of all types in metropolitan area ot New York during week ended Nov. 21 total $13,545,000. according to F. W. Dodge Corporation. This brought November total to date to $45,595,400 or at rate of $2,682,000 a business day against $3,070,000 in October and $6,026,000 in November. 1929. For year to date contract awards amounted to $865,294,600 against ,$1,051,040,200 in like period 1929. New York Curb Exchange regular membership- sold for $92,000. up $14,000 ovei previous sale. General Railway Signal Company declared regular 'terly dividend of $1.20 on common. pay Jan. 1. record Dec. 10. Foster Wheelc. Corporation declared regular quarterly dividend of 50 cents on common, payable Jan. 2. record Dec. 12. Johns Manville Corporation declared regular quarterly dividend of 75 cents on common, payable Jan. 15. record Dec. 25. Guantanamo Sugar Company year ended Sept. 30. net loss §455,916 after interest, depreciation, amortization and other charges against net loss $329,236 preceding year. Minneapolis & St. Louis Railroad reports October gross earnings of $1,222,683 and net operating income of $269,960. Aviation Corporation of Delaware stockholders vote to retire 360,000 shares of capital stock. Also voted to reduce stated value of capital stock to $5 a share from $lO. thereby creating a surplus. Flintkote Company has passed auarterly dividend ordinarily payable Oct. 15. Last quarterly payment of 37% cents was made July 15, but action on October dividend was deferred due to lack of quorum at regular quarterly meeting. Sterling cables 4 opened 4.85%. up 1-16: francs. 3.92%, up 1-32: marks, 23.8a. bp 1%; Spain. 11.12; off 9. St. Paul in period Nov. 1 to Nov. 21 handled 101.006 revenue cars against 119.254 in like period 1929. Five million dollars in gold shipped to Canada Monday and $5,975,000 imported from Argentine. Sugar melt of fifteen United States refiners from Jan. 1 to Nov. 15 totaled 4,225,000 long tons against 4,440,000 in Eke 1929 period. Deliveries 4.040.000 long tons against 4,150,000. Reading Company October net operating INSTALL SALVATION ARMY STAFF TONIGHT Colonel A. T. Brewer, Chicago, Will Conduct Citadel Services. New divisional staff of the Salvation Army will be installed at 7:45 tonight at the army citadel, 24 South Capitol avenue. Colonel A. T. Brewer. Chicago, will conduct, the special services with Frederick Schortemeier. president of the army’s advisory board, chairman. Citizens of Indianapolis are invited to attend the services. COMPROMISE REACHED Doctor’s Suit Dismissed When Attorneys Come to Agreement. Compromise judgment in three insurance suits aggregating $54,000 was entered Monday in federal court here in the complaint of Dr. A. P. Roope. Columbus (Ind.) surgeon. based on amputation of his hand. The" suits, against the United States Fidelity and Guaranty Company, New York Indemnity Company and Employers Liability Assurance Company, Ltd., were dismissed when attorneys reached an agreement for an unstated amount. FRANCO ‘BORN- TcTFLY’ Famous Spanish Aviator, an Escaping Prison, Leaves Note Behind, By United Press MADRID, Nov. 25.—Commander Ramon Franco was “bom to fly” and could not remain held in a cage, the famous Spanish aviator said in a letter to Premier Damaso Berenguer, found in Franco’s cell after he escaped from a military prison here. Franco’s letter said that he had left Spain to serve the cause of liberty of which he was intensely proud. “I must fight for civic liberty and I am disposed to continue in its sendee,” his l#ier added.

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

income $1,539,641 against $2,190,630 in October. 1929. Ten months $9,888,945 against $14,236,416. American Home Products Corporation declared two regular monthly dividends of 35 cents, payable Jan. 2 and Feb. 2, record Dec. 15 and Jan. 14. respectively. Exchange Bunfet Corporation quarter ended Oct. 31. net profit 37 cents a share against 48 cents in October quarter last vear. Six months 88 cents a share against 93 cents. Loew’s. Inc., declared extra dividend of $1 on common and regular quarterly dividend of 75 cents, both payable Dec. 31, record Dec. 31. Southern California Edison October balance after taxes and charges, but before depreciation $2,934,109 against 51.866,657 in October, 1929. Ten months SI 7.428.962 against $17,119,879. Humble Oil and Refining declared extra dividend of 50 cents and regular quarterly dividend of 50 cents, payable Jan. 1. record Dec. 2. STGREN NAMES CHIEF DEPUTY Charles Wells, New Albany, Treasurer- Elect Choice. Tv.'o more appointments were announced today by Democratic state official-elects. William Storen. treasurer-elect, named as his chief deputy Charles H. Wells, New Albany, auditor of the Citizens Security Company of that city, while Floyd Williamson, auditor-elect, appointed as his secretary Miss Aijna Hunt, Sullivan. The deputy treasurer obtained his early education in Clark county and was graduated from the Louisville Commercial School of Bookkeeping and Accounting. At one time he was in charge of the stores department of the Louisville Cement Company at Speeds, Ind., and prior to America entering the war, was inspector of motor trucks under supervision of the assistant quartermaster at Jeffersonville. He served in France with a Field artillery regiment and was discharged in 1919. He is married and has two children and is a member of American Legion. The post of deputy treasurer pays $5,000 a year. Miss Hunt was graduated from Sullivan high school, attended Indiana university and finished her education at Goucher college, Baltimore. She has been secretary to the superintendent of city schools at Sullivan, and is a member of the Delta Gamma and the Sullivan' chapter of the Tri-Kappa sorority.

PIPE LINE IS GIVING JOBS TO 10,000 MEN

Construction of Gas Project From Texas to Chicago Aiding Midwest. By United Press NEW YORK. Nov. 25—Construction of a 1.000-mile pile line from the Texas panhandle to Chicago, which soon will be pumping natural gas into Chicago for distribtuion throughout the Great Lakes region, is giv.ng employment tn 10,000 men in the midwest, according to Henry L. Doherty & Cos. The project, which engineers have compared to a trans-continental railroad will cost $100,000,000, and will supply anew source of fuel chiefly for manufacturing plants.

Gone, but Not Forgotten

Automobiles reported to police as stolen be Harris to White. 814 North Beville. Chevrolet touring, 77-006. from Michigan and Pennsylvania streets. , Dr. H. E. Zedder. 1040 North Delaware street. Apartment 31. Hudson sedan, 13474. from in front of 1010 North Dela,Jotfn S R eCt Moore. Franklin. Plymouth coach. 229-287. from Franklin.

BACK HOME AGAIN

Stolen automobiles recovered by police O E. Outland. 2340-North La Salle street. 6tuts touring, forme at 6318 East Washington street. a

i-J mj Registered O. S. U y Patent Office RIPLEY

Following is the explanation of Ripley’s “Believe It or Not,” which appeared in Monday’s Times: RAISE OF A DOLLAR A DAY IS MORE THAN A RAISE OF $35 A WEEK—Starting with $lO a day daily, an increase of $1 each day would amount to a total earning of $75 the first week. slll the second week, $147 the third week, etc. Starting with S6O a week weekly, an increase of $35 a week would amount to a total earning of S6O the first week. $95 the second week, $l3O the third week, etc. MIKE MCLAUGHLIN CAN "READ” THE VOICE ON A RECORD —During the last sixteen years, McLaughlin has recorded more than 10,000 voices and instruments, and by studying wave forms and vibrations on the individual impressions each one makes on the record, he has acquired the ability to tell what voice or instrument is on the record. McLaughlin now is recording for the Metro-Goldwyn-Mayer studios, in Culver City, Cal. “KANGAROO” MEANS “WE DON’T UNDERSTAND YOU” Captain Cook, on his exploring voyage along the coast of Queensland, Australia, in 1770, was the first white man to see a kangaroo. It was borne in the arms of an Australian aborigine. “Kan ga roo,” in the language of the native, meant “We don’t understand you,” and that was the answer which the savage gave Cook to his query about the unknown animal. Wednesday: “The Bird with the Wrong Name.” PUSH SEAL SALES Pastors to Aid in Urging State to Respond. . The gospel of health and prevention of tuberculosis will be spread in Indiana church pulpits Sunday when citizens of Indiana are urged to buy Tuberculosis Christmas seals. Through the efforts of state pastors and other organizations, the Indiana Tuberculosis Association hopes to raise $200,000 in the state for tubercular control and prevention. Mayors of state cities have proclaimed Sunday, “Tuberculosis Sunday.” Statistics show that since the state association began its work against tuberculosis the death rate of the disease has been cut in half. Marriage Licenses Oscar L. Hood. 21. 1412 Central, salesman. and Dorothy M. Beaman. 18. pf 2327 Bellefontaine. Paul G. Perrin. 27.' of 5016 Winthroo. salesman, and Charlotte M. Grossman, 25. of 2453 North Alabama, stenographer. Jennings B. Emmons. 22. Crawfordsville. laborer, and Bessie V. Steele. 19. of 1153 North Tremont. Robert M. Fisk Jr.. 10. of 820 Harlan, student, and Garnet E. Bullard. 18. of 1419 Woodlawn. clerk. Wilbur C. Atwell. 35. of 1225 North Alton. mechanic, and Addie M. Cubert, 18. of 4542 North Baltimore. Leo Zike. 28. of 2019 East Minnesota, foreman, and Mildred J. Hamilton. 25, Beech Grove. William O. Coleman. 41. R. R. 10. Box 242 T. clerk, and Ruth A. Bandy. 33. R. R. 10. Box 242 T. teacher. Roger Williams. 25. of 113! North Keystone. clerk, and Edith Sorensen. 18. of 5044 West Sixteenth. Clyde W. Warrenberr. 24. of 303 North Tacoma, mechanic, and Hilda H. Trenneoohl. 24. of 1337 Barth, clerk. George J. Arthur. 22. Kurtz tlnd.* laborer, and Mary E. Cheek. 18. of 1107 English. George C. Robinson. 22. of 610 Fast Georgia, mechanic, and Mary B. Kelley, 19. of 610 East Georgia. Edward Von Poska. 21. Indiana School for Deaf, laborer, and Ethel Mandel. 23. Indiana School for Deaf, clerk. Edgar H. Smith. 24. Y. M. C. A., artist, and Dorothy H. Torlan. 24. of 26 West Nineteenth, saleslady. ..... Clarence H. Schrader. 31. of 216 North Sheffield, laborer, and Marie E. Grethlein. 29. of 1819 Shelbv. seamstress. Dallas A. Staats. 22. Davton, 0.. chauffeur. and Janet L. Swaney. 18. of 800 Middle drive. Woodruff place. Mabern A. Carpenter 25. of 249 East Minnesota, electrician, and Olga R. Lentz. 25. of 1419 Reisner. stenographer. French General Is Dead By United Pi css PARIS, Nov. 25.—General Pierre Berdculat, 69, former military governor of Paris and commander of the colonial corps in the World war. died today.

We First Mortgage M 1 Buy and Real Estate Bonds ne ZAISERJ& ZAISER ” 1 “

_NOV. 25, 1930

LIGHT SELLING SENDS FUTURE PRICES LOWER Russian Shipments Cause Weaker Tone to Be Felt Abroad. By United Press CHICAGO. Nov. 25. Wheat sagged as the Board of Trade opened today, declining under moderate selling on the weakness in foreign markets. Liverpool, while steady, ignored the advance here Monday and is not likely to advance until Russian shipments decrease. Corn slumped unevenly with wheat and oats sold off with the major grains. At the opening wheat was % to 2% cents lower, the latter in July. Corn was unchanged to 1% cents lower. May showing resistance, and oats were 'i to % cent lower. Provisions were steady but had a weak 'indertonc. Liverpool was not as strong as expected but started steady in the face of the weak Argentine close Monday and at midafternoon was 'a to % cent higher. Buenos Aires continued to decline, being % cent lower today. Wheat has given a good account of itself recently and many operators expect the market to hold around these levels notwithstanding profit-taking that may develop. Chicago is so much out of line with Winnipeg that it is difficult to interest much investment on export; buying, especially since the market rallies so quickly. It is the belief that there Is no bull market in sight and likewise that no severe drop will be* experienced as long as the • stabilization work continues. Corn has been aided by the steadiness of wheat and meets support on the declines. The cash market has not followed the advance in the future. The cold weather is expected to increase feeding. The strong cash market has been the main feature in oats, holding the market steady, though the general trend Is dictated by the other grains. Chicago Grain Table —Nov. 35WHEAT—(OId). Prer. High. Low. 11:00. close. Dec 76% .76 .76% .76% Mar. 78% .78% 78% ,79 s * May 81 80% 780% .81% July 77 .76 .77 ,78 s * CORN—(old). Dec 75% 75 .75% .76% Mar. 78 77% .78 .791* May 80% .791® 80 .81% July 80% 80 .80% .81% OATS—(OId). Dec 34% .34% .34% .35% Mar 36% .36% .36% .37 May 38% .37% .37% .38% July 37% RYE—(Old). Dec .43 .44 Mar 46% 46 .46 47 May 48 47% .48 40 LARD— Dec 9.90 9.87 fi.B7 9.92 May 9.97 9.92 9 92 9.80 By Times Special CHICAGO. Nov. 25.—Carlots: Wheat. 46; corn. 223; oats. 41: rye. 3, and barley. 6

Local Wagon Wheat

City grain elevators are paying 74c for No. 1 red wheat and 68c for No. 1 hard wheat.

The City in Brief

Interesting phases of sheet metal manufacture will be explained by Robert S. Schmieder, Milwaukee, Wis., at a dinner Wednesday night at 6 of the Sheet Metal and Warm Air Heating Constractors’ Association in the Athenaeum. George C. Joslin, Indianapolis, will be another speaker on the program. Police today held Virgil King, 22, of 1609 Southeastern avenue, on vagrancy charges, after he is alleged to have confessed driving an auto in which two alleged purse snatchers escaped Saturday night. Tile car was a Kissel sedan, property of Mrs. Lonnie Lovelace, 704 Madison avenue, and was used in the North Salem State bank robbery early in October. Civil service vacancies announced by Henry M. Trim pie, local secretary, include: Medical officer, agricultural engineer, patent attorney, biochemist, junior home economics specialist, associate pharmacologist, and associate physiologist. Robert S. Schmieder of Milwaukee and George C Joslin of Indianapolis will be the principal speakers at the monthly meeting of the Sheet Metal and Warm Air Heating Contractors’ Association at the Athenaeum Nov. 26. RAILWAY CHIEFS ASK FOR FIVE-DAY WEEK Executive Council Adopts Program as Unemployment Relief. By United Press CHICAGO. Nov. 25.—A five-day week without reduction in wage3 was asked by the executive council of the railway employes department of the American Federation cf Labor today as an unemploymem; relief measure. The council, which represents 400,000 workers in six shop union-, adopted the program Monday night. The six operating brotherhoods at an unemployment conference here recently adopted a program calling for a six-hour day with no reduction in pay.

James T. Hamill & Company Prlvte Wire® to All Loadlo r Market®. fndinoapolla MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trad* Associated New Vork Curb 203 Continental Bank Bldg. Tel. Riley .‘4oß—Riley MM