Indianapolis Times, Volume 42, Number 171, Indianapolis, Marion County, 26 November 1930 — Page 10

PAGE 10

STOCK SHARES SELL DOWN IN SLOWTRADING Losses Range From Fraction to More Than Point; Steel Steady.

Average Stock Prices

Average of thirty industrials for Tuesday was 135 47. off 281 Average of twenty rails was 109.47. off M. Average of twenty utilities was 8807. off .55. Average of forty bonds was 95.57. off .02. Bn United Press NEW YORK. Nov. 26. -Buying In ♦he merchandising stocks helped arrest a decline on the Stock Exchange today, and around noon the market vras gradually turning upward Heavy dealings were noted in Montgomery Ward and Sears Roebuck in the mail order group, while Woolworth featured the general merchandising divisions. These were up 1 to more than 2 points. Macey also was firm. Steel Leads List United States Steel led the industrials. Steel reviews, published today, contained more optomistic than pessimistic items and these coon had a good effect. Despite the poor showing in October automobile production, automobile shares picked up with the general market. General Motors made progress around noon on the Iron Age statement that Chevrolet production would be stepped up by 30,000 cars In January as compared with December estimates. Oil shares held about steady despite the sharp reductions in crude output and gasoline stocks. Utilities picked up from lows. Rails were practically unchanged and coppers failed to move. The rise of Sears Roebuck and Montgomery Ward revived rumors those companies were to merge. Denial came from Chicago, how* ever. Equipments Unsettled Equipment stocks were unsettled by the action of directors of American Locomotive in reducing the regular annual dividend from $4 to 82. The latter stock held steady, as this move had been discounted, but American Car and Foundry, which is controlled by the same interests, dropped 4 points to 35 on fears its dividend of $6 annually would be reduced to the same figure as American Locomotive. Other dividend action included declaration of $2 extra by George |W. Helme Company, and 50 cents extra by McKeesport Tin Plate Company. The item of interest in the rail division was a sale of Joliet & Chicago at 157, up 22'i points from the last previous sale, made more than a year ago. This sale, however, was canceled later.

Bank Clearings

INDIANAPOLIS STATEMENT Wednesday. Nov. M CleWngs s ?'J§f'Snn'nn CHICAGO STATEMENT —Nov. 26 Bn United Press Clearings *’‘S , s22-2SS'nn Balances (,000,000.00 NEW YORK STATEMENT —Nov. 26 By United Press blearings - fdl Res. Bnk. Cr. Bal 111.000.000.00 TREASURY STATEMENT —Nov. 26 By United Press Net balance for Nov. 24 *97.873.046.36 fexoenditures 8,068.922.25 Customs reets. month to date. 30.345.465.98

Net Changes

JSy United Press NEW YORK. Nov. 25. Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: . Up. Off American Can -■, 1 ’ American Smelting 51H % American Telephone I*s’ * ••• f* Bethlehem Steel 63’ 2 ... 1 * Case... 11* ?, Consolidated Gas 89 ... 1b Pox Film A 32 ... 2% General Motors 35-. ... s General Electric 49% ... 1 * International Nickel 18‘ ... a Eeew's Inc 57 ’3 ... 3 y Montgomery Ward 23 V. .. 2 New York Central 132 ... 1% Packard 10’* ••• Pennsylvania 60’* ... % Radio IJ'. ••• '% Radio-Keith 21,H ••• IS Standard Oil N J 53% ... % Union Carbide 63’* ••• ’* United States Steel 140% ... 1% (Vanadium 56H •-> J’ Westinghouse Electric 102% ... IJ21 J 2

New York Curb Market

(By Thomson <fc McKinnon) —Nov. 26 11:30 Mt Prod 6% Am Gas &El 92 National Av ... 5% Ark Gas 6% National Inv .. 6 Can Marc 2% Newmont Min . 55 Cities Srv . . 19’vNla Hud Pwr... 11% Cord ...-. 5 Noranda 17% Crocker A Wh . 9% Penroad 7% Elec Bona Sh.. 48% Salt Creek 7% Ford of Can ... 22 Std of Ind 3*% Ford of Ene . 16% Std of Kv 23 Goldman Sachs 11% Stutz 1% Hudson Bav ... 5% Trans Air Trans 5\ Humble OH 70% Un Gas (new.. 9% Ind Pic* 22 Un Lt & Pwr . 28 Int Super 23% Un Verde 8 3nt Pete 14%:Ut Pwr 11% Midwest TR 20%:Vacuum Oil 64* Mo Kan npa.. 7%l

Investment Trust Shares

<Bv R H. Gibson & Cos.! PRICES ARE TO 1? NOON (C. S. T.> —NOW 29Bid. Ask. Arcer Founder's Corp com . . 5% 5% Am & Gen Sec (A 1 14% 13% Am Inv Trust shares 5% 6% Bcslc Industry shares 6% 7% Corporate Trust shares. 6% 7 Diversified Trustee shares t'A! 18% 19% First American Core 8% 8% Fixed Trust Oil shares 6% 6% Fixed Trust shares (A) 16% Inv Trust NY 7% 8% Leaders of Industry, senes A. 8% ... National Wide Securities 7 7% National Industry shares 6% 7% No Amer Trust shares 6% 7 . Sel Amer *hares 5% 6V:, Shawmut Bank Inv Trust 9% 11 Std Oil Trust 6hares 6% 7% S W Struass Inv Units 45 54 Super Cor of Am Trt shares A 7% 7H Trustee Std Oil (A’ 7% ... Trustee Std Oi! >B’ 7% 7% U S E’.ee Light and Pwr A 30% 32%

New York Bank Stocks

<Bt Thomsen & McKinnon' Nor. 15Bid 'sfc. America . 69 Bank of Pnlted States.. 15- 13* Bankers 1134 114>. Brooki' ii Traat 60s 610 Central Hanover 357 253 Chase national ... .... 104 1S Chatham Phoenix Natl.... 8! Chemical 49 a ,504 Cltv Nations! 110 Corn Exchanto I*9 Commercial .. 2?0 300 Continental If 184 Bmpire ...... 56 First National 4.000 4.073 Guaranty 505 509 Irvine *j;Vi 384 Manhattan & Cos 89 90 Manufacturers 544 554 h*? 0 *:™*::::::::::. HI ‘B* a

New York Stocks **~™ 1 ißv rhomsop & McKinnon ■ ■■■

-NO7 2*- prev Railroads— Hizh. Low Close, close Atchison 193 192 193 192 * ! Atl Coast Line %H. Balt St Ohio 76'* i5 < Chesa Sc Ohio 43 42% 43 43 Chesa Com . 45% 45% 45 4B Chi Ort West 9 7Vs CRI A- P 64% 64h 65 Del L & W. 90% 90 90% M’? Del St Hudson . ..... Erie 30% 29. 30 j 31% Erie Ist pfd.. . ■■ *♦'* Great Northern 63% 82’.- 63 64 Gulf Mob & Ot! •• 2? Illinois Central . 82 81 81 8. Kan City So tou St Nash -t., *2,,? Mo Pacific e* .jcL Mo Pacific pfd . 102 * N Y Cen’rai .132 130% 131% 132 Nickel Plate .... 84 83 83 ... NY NH St H fS Nor Pacific 56 Norfolk At West 210% 210 Pennsylvania . 60% 60% 60% 69% So Pacific .104 103;-. 103% 104 Southern Rv, 68 60% 65 67 St Paul .I,* St Paul pfd 12% 12 -i c. i. a p 66% 60/2 Union Pacific ..192 189 189 193 W Maryland HVs H H Jf West Pacific 11 10% H 11 Equipment!,— _ „ Am Car St Fdy.. 3814 3o 35% 39 Am Locomotive.. 33 32 32% 32 s Am Steel Fd.... 30*4 30 30% 31% Am Air Brake S .. ... ••• |7 Gen Am Tank.. 68 6i% 68 68 General Elec... 49% 49% 49% 49% Gen Rv Sienal.. 70 68% 70 70% Lima Loco 23 ,‘‘ Pres Stl Car , Pullman 61% 61 "s Westineh Ar B. .. ... , 34% 34 Westlngh Elec 102% 101% 102 402% Rubbers— Firestone 62% ... Risk i * 0 1 1 8 Goodrich 21% 20% 20% 20% Goodyear 51 49% 51 50% Kellv Sorzfld.. 2% 2 t U*B BuwSer.V." 15”. 15% 15% 16% Auburn 76% 75% 75% 76% Chrysler 17% 17% 17% 17% Graham Paige.. 4*. 4% 4% 4% Genera, Motors.. 35 s . 35% 35% 35% Hudson 25% 25 2a% 25 p Hupp 9% 9% Mack .......... 46% 45% 43% 48% Marmon 7% 7% 7% 7V4 Nash 29% 30 Packard 10 9</ 10 10 4 Reo 9% 9% Studebaker 23% 22% 22% 23% Yellow Truck... 11% 11% 11% 11% Motor Access— Am Bosch -■ 23% ~ Eendiv Aviation 18% 18 i Borz Warner ... 17% 17% 17% |f% Eriecs 17% 17 17% 17 3udd Wheel ,?% 10 Eaton 16 15% 13% 16% El Storage B 5 ® * Hayes Body 4% . Houda 6 6 Motor Wheel .... 16 16 Sparks W - ■ 11'? Stewart Warner 20% 20% 20% 20% Timken Roll .... 46% 46% 46% 47% Am Metals 21,4 Am Smelt ..... 51% 00% 51% 51% Anaconda Cop.. 36% 36 36 36 2 Cal St Hecla ... ■ ■■., Cal & AriZ 35% 34% 34% 35 Cerro de Pasco.. 30 29% 30 30 ( Dome Mines _ .... ... ~) Freeport Texas. 33% 33% 33% 33% Granby Corn • 1‘ J Great Nor Ore . 22% ~2% Howe Sound ~ 23% 13 2 Int Nickel 18% 18% 18% 18% Kenecott Cop.. 27% 26% 27 27% Magma Cop .. . 23% 22-* 22% 23% Miami Copper 9% % ?% 9% Nev Cons 11% 11% 11% Il f Texas GUI Sul. . . 03% 53% U S Smelt 23% 23% Amerada i. 23 Am Republic ■ ■ *§' Atl Refining.. . 22% 21% 21% 22 Barnsdall JJ 5 * Beacon 10 10 Houston 9% 10 Ind Oil • , ... , 14% 14% Indian Refining.. 4% 4% 4% 4 s Mev Seaboard. 13 12*4 12** }3 A Mid Cont.l .17 16% 16% l‘% Pan-Amer (B).. .. ■• ■ ••• 43 2 Phillips 9% 9% 9% 9 * Pr Oil & Gas 18% }?% Pure Oil , 11% 11 ? Richfield 6% 6% 6-s 6% Roval Du*ch... 40% 39% 40% 38% Shell Un 8% ... 8% 8% Sinclair 13% 13% 13% 13% Skellv 14 14% Standard of Cal 49% 48% 49 50 Standard of N J 53’4 52 3 53% 53 -2 Standard of NY .. ... 25 25% Texas Cos 38 37% 37% 38% Union Oil 25% 25% 25% *5% Steels— ..., Am Roll Mills.. 35 34 35 34;. Bethlehem 63% 62% 63 63 2 Bvers A M. ... .46% 45% 46> 2 47 Colo Fuel 26 25% 26 26% Cruc Steel 59 Ludlum •• 14*. 14 . Midland .. ?3% 24% Renub I & 5... 19% 19% 19% IS-? U S Steel 146% .145% 146* 8 146% Vanadium . . 56't 5a% 56 56 -a Youngst SSt W. 24% 24 21 24 Tobaccos— ~ Am atl (newi: 107% 107,, 107.. 107? l Am Tob B new 108% 108% 108% 109 Con Cigars 44., 22, General Cigar... .. ... 3<% 38% Uig Ar Mvers B 85 84% 84 2 84 4 ’orillard 13% 13% 13% *4 Reynolds Tob ~. 44;. 45 Std Com Tob 4 3 s Tob Pr A United Cig 3 Utilities— ~ Abitibi **• 1* 11 “a Adams Exp ... 2020 U 20H 20 ! 2 Am For Pwr . 39 38* s 38% 39 Am Pwr &LI ... 52% 03% A T <fc T 188% 187% 188% 188% col Gas St El . 37 5 . 37% 37% 37% Com <L Sou 9% 9% 9 s . 9% FI Pwr <& Li ... 45% 44% 45 45’ 4 Gen Gas A 6 6 Inti TSt T ... 28’i 37 s i 28% 28-s Natl Pwr & Li.. 37% 37*4 37% 38% Mo Amer Cos .... 73% 72% 73% 73% Pac Gas &El 49% 49 49 49% Pub Serv N J... 75% 74 s . 74% 76% So Cal Edison.. 47*2 4T 47 49 Std G & El 69% 684. 69 70% United Corp .... 19% 19% 19% 19% Ut Pwr St L A 26% 25% 26% 26% West Union 142* - 146 Sh’DPing— Am Inti Corp .. 22% 21% 22% 22% Inti Mer M pfd 17% 17 17 17% United Fruit 67 Foods— Am Sug 51% 51% Armour A 4% 4% Cal Pkg 52% Can Drv 42% 41% 42% 44% Coca Cola , ... 156 156*, Cont Baking A.. ... ... 21% Com Prod .... 79% 79% 79% 31% Crm Wheat 29 Cudahy Pkg 41% Cuban Am Sugar 4% ... Gen Foods 51% 51% 51% 52% Grand Union 12% 12% Hershev 87 Kroger 24% 24 24 24% Nat Biscuit .... 78% 77% 78% 77% Safewav St .... 54 53 53% 54*4 Plllsburv 30 Std Brands !6% 16%

Produce Markets

Eggs (Country Run•—Loss off delivered ln Indianapolis. 25c: henerv duality No. 1. 38c: NO. 2. 15c. Poultry (Buving Prices!— Hens, weighing 5 lbs. or over, 17c: under 5 lbs.. 16c: Leghorn hens 13c: springers 5 lbs. or over 17c or under 5 lbs, 16c: ducks. SDringers. 12c: old cocks. 9@llc: ducks full feather fat white. 11c: geese. Bc. These Drlces are for No 1 top quality quoted bv Kingan & Cos. Butter (wholesale!—No. 1. 35 036 c: No. 2. 33c. Butterfat—3oc. Cheese (wholesale selling orlce per oound i —American loaf. 31c; pimento loal. 32ce: Wisconsin firsts 27c: Longhorns. 24c: New York Llmbereer. 36c. By United Press NEW YORK, Nov. 26.—Flour—Firm with betteT demand; spring patents. $4.5504.80. Pork—Steady Mess—s3l.so Lard—Dull. Middle West Spot— $10.45010.55. Tallow —Steady; special to extras 4’%@4%c. Potatoes—Steady: Long Island. $1.500325 bbl.; Southern. SSOB bbl.; Maine, $2.50@ 3.15 bbl.: Bermuda. sß's’ll bbl.: Idaho. 50c o*3 sacks: Canada. 45c0*1.75 bbl. Sweet Potatoes—Easy; Southern baskets. [email protected]; Southern bbls . $1.750 2.25; Jersey basket. 50C052. Dressed Poultry—Unsettled and weak: turkeys, '.B@'37c: chickens. 16®37c; fowls. 14#27c: ducks. 15022 c; ducks. Long Island. 20022 c. Live Poultrv—Steady to firm; gsese. 11017 c: ducks. 12324 c; fowls. 190*26c: turkeys. 32037 c; roosters. 17® 18c: chickens. 20028 c: capons. 25®40c: broilers. 22035 c. Cheese—Quiet: state whole milk, fanev to specials. 20®22%c; Young America, 19021 c. By United Press CINCINNATI. O, Nov. 26.—Butter— Steady; creamery ln tub lots, according to score. 280 31c: common score discounted. 2 0 3c: packing stocks No. 1. 25c; No. 2. 18c: No. 3.10 c: butterfat. 27#29c. Eggs— Higher, cases. Included: extra firsts. 42c: first. 33c: seconds. 27c: nearby ungraded. 38c. Lire poultry—Thin and coarse stock sei% only at heavy discount: fowls. 5 lbs. and over. 18c: 4 lbs and over. 15c: 3 lbs and over. 13c: Leghorns. 3 lbs. and over. 13c: roosters. 13c; colored fryers, over 3 lbs.. 20c: broilers, colored over 2 lbs, 20c: broilers. Dartlv feathered. 12c: leghorn and Orpington fryers over 2 lbs . lie: roasting chickens. 4 lbs. and over. 18c. black springers. 12c. By United Press CLEVELAND. Nov. 26 —Butter—Extras. 31c: standards 28%c. Eggs-Extras. 43c: nsts 45c. Poultry—Heavy fowls. 21c; medium. 18c: leghorn 7/14c; heavy broilers, 18019 c: Leghorn broilers. 160 17c: ducks 15 5 18c: old cocks. 14c: geese. 15c: turkeys ’♦6c: dressed rabbits. $3.50 doz. Potatoes— Ohio Round Whites, mostly 85g90c: few best SI.OO ner 60 IK sack: Maine green Mt mostly $2 25 per 120-lb. sack: Idaho Russ*! :: 55j2.50 per 100-lb. sack. By United Press CHICAGO. Nov. 26—Eggs Market, steady: receipts. 3.491 cases: extra firsts 79 5 40c: firsts. 350 36q; current receipts 30032'*: tubs, extras. 31c: extra firsts. 290 30c: firsts 28%c(5 29%c; seconds. 25%® 2c; stsndrds 28 %c. Poultry—Market steady; receipts. 6 cars: fowls. 18c; springers. 18c: Leghorns. 14Vif: ducks. 16c; geese 15c; turkevs. 20030 c: roosters. 15c. Cheese —Twins. 16016 l-3c; Young Americas. !7c Potatoes— Track 300; arrivals, 76: shipments. 517: market about steady; very !Uti* trading on account of th* coming holiday, prices nominally unchanged.

D-uts Cot'y Ine 10% 10% 10% 10% Lambert Cos 81% 82% Lehn Sr. Fink 27 Tndust rials— Am Radiator .. 19% 19% 19% 19% Bush Term 25% 20% Certainteed 3% 3% Gen Asphalt 30 33* t Otis Elev • ... 56% 57% Indus Chems— Allied Chem ....201 203% 203% 205 Com Solv 12% 18 18% 18%. Union Carb .... 62% 61% 61% 62’ U 6 Ind Alco. . 70 69 68% 69 Re;ail Stores— Assoc Drv Gds.. 28% 27% 27% 38*? Gtmbel 8r05... 7% 7% Kresge S S 27% 27% May D Store . 35 s . 35 s . Mont Ward.. 23% 22% 23 5 . 23*. Penny SC ... 35 36 Schulte Ret St. 5 4% 4% 4% Sears Roe. .. 55% 54% 55*. ... Woolworth 62 81% 61 s . 61% Amusements— Brins Balke 11 11 Col Graph 11% 11% 11% ' 10% Cros'ey Radio -... Fastman Kod ..167 165*b 165% 166 Fox Film A. . 31% 30 s , 31 s . 32 Grigsby Gru . 4% 4% 4% 4% Loews Inc . . . 57% 57% 57% 57% Param Fam 44% 44% 44% 44% Radio Corp 17% 17 17% 17% R-K-O 21% 21 21% 12 1 * Schubert 6% 6% Warner 8r05..... iB% i7% 18 18% Miscellaneous— .. Airway Apd 11% C“v Ice & Fu 37% C neoleum ... 8 3 ® 8 1 * Am Can 117% 116% 117% 117% Cont Can 50 49% 50 50% Curtiss Wr A... 3% 3% 3% 3% Gillette S R.... 33% 33 33% 33% Real Silk 357s

PRIVATE BOND SALEJIHECKEG Indianapolis Union Railway Must Offer Bids. Bu United Brets WASHINGTON, Nov. 26.—The interstate commerce commission today refused to approve the private sale of $1,000,000 worth of bonds of the Indianapolis Union Railway Company to the Union Trust Company of Pittsburgh, controlled by Secretary of Treasury Andrew W. Mellon and his brother. It ordered the railway company to sell the bonds through competitive bidding. This is believed to be the first move of the commission to force competitive bidding on railway terminal bonds. Sale of $1,000,000 in bonds of the Indianapolis Union railway to the Union Trust Company of Pittsburgh was consummated July 23, 1930, subject to approval of the interstate commerce commission. Since that time, according to W. J. Daniels, secretary-treasurer of the railway, the matter has been progressing through legal channels. Following the commission’s order, competitive bidding on the bonds will be undertaken at some near future date, it was said.

BRITISH ACT LASHED BY RABBI STEINBERG Speaks Before B’nai B’rith; Officers Ire Nominated at Meeting. Britain’s “white paper’’ restricting Palestine immigration was denounced Tuesday night by Rabbi Milton M. Steinberg in a speech before the Indianapolis B’nai B’rith at the Kirshbaum center. Rabbi Steinberg cited Jewish distress in Poland in his talk, "Conditions of World Jewry.’’ Sidney Sternberger was nominated for re-election as president of the organization, and H. Joseph Hyman was nominated for re-elec-tion as first vice-president. Other nominations were: Second vice-president, Charles J. Karabell: secretary. Lester Budd; treasurer. Rufus Isaacs; monitor. Samuel J. Mantei: assistant monitor. Richard K. Munter. and trustees. Max Katz. Henry Blatt, Norman Isaacs and Nathan Toplin. PUSH VETERANS' AID House Chairman Considering Compromise Bill. By United Press WASHINGTON. Nov. 26.—The move in the house to help needy veterans by advancing them cash for their adjusted service certificates gained momentum today when Royal Johnson (S. D.). chairman of the veterans committee, announced he is considering a compromise bill for this purpose. Johnson said the measure he is considering would provide for payment now in cash only to those veterans who are in- need, and not to all war veterans, such as is advocated in numerous bills introduced at the last session and now pending. Marriage Licenses Oil’s R. Smith. 31. of 1031 RJver. laborer, and Mayme V. Stone. 23. of 13 North Addison, clerk. Fred Gibson. 22. 0f1739 Arrow, laborer, and Iris B. Allen. 16, of 515 East Thirteenth. . - Albert F. Otto. 32. of Ben Davis, salesman. and Anna M. Davataz, 27. of 54i North Tibbs. Rev. J H. Richardson. 50. of 1905 Columbia. and, Mattie Briggs. 39. of 1508 East Seventeenth, cook. Calvestcr Woods. 21. of 2520 Wheeler, porter, and Irene Murrell. 19. of 1008 East Seventeenth. Births Girls James and Julia Kinzer. 1342 outh Belmont. Orville and Maudie Pitcock. 2137 Avondale. John and Thelma Reed. 956 North Miley. John and Emma Martin, 2240 Miller. Carl and Flossie Kincaid. 1070 Hosbrook Dover and Muriel Crick, 1903 Lexington. Thomas and Fannie Finn. 1304 Deloss Walter and Rosella Merrick, 623 North Tremont. Robert and Cecil Clark. 1114 East Michigan. Boys Bedford and Lois Shockley. 1001 Marlon. Everett and Edna Riden. 1230 Bradbury. Elsom and Lizzie Jones. 2524 Burton. Clint and Martha Ahner. 2903 Phipps. Deaths Mildred Virginia King. 24, city hospital, cerebro spinal meningitis. Amanda Sanders. 52. 1106 North Missouri. cerebral hemorrhage. John Danie!. 37. 427 West Seventeenth, arteriosclerosis. . Henry Hutchinson. 39, city hospital, pneumonia. William Albright. 54. Methodist hospital broncho pneumonia. Jay Godman. 60, 371 South Illinois apoplexy. Lula E. Love, 46. Methodist hospital, carcinoma. Nellie Tavlor. 69. 1534 South Belmont, mitral insufficiency. Benjamin Howard. 69. city hospital, lobar pneumonia Patrick H. Lallv. 88. 1313 North New Jersey, chronic myocarditis. Alfred Lauter. 58, St, Vincent’s hospital, general septicaemia. Bertha May Mott, 58. 11l West Thirtysecond. cerebral hemorrhage. Wilfred A. La Bonte. 53. 2809 East Riverside Drive, acute myocarditis. Betty Jane Adams. 8 months. 222 Fulton, 'ohvr pneumonia. Sarah Ann Cordrav 79. Methodist hospital. acute mvocarditis. Joseph Hefner 38. 525 North Bosart pulmonary tuberculosis. Building Permits Folar Ice and Fuel Company, building north we s 'corner Twentieth and Northwestern. S! 800. ; Mrfe; Creamery, addition. 1250 Beecher. Smiley, repair. 213-18 West Walnut Capitol Motor Inn. Inc „ pump and gars ve, 35-39 North Capitol, $19,000. St. Vincent's hospital, ernairs and alter ations 52 800. Walter Kelly Company, dwelling and gars ge 5860 Forest lanC $6,000.

THE INDIANAPOLIS TIMES

SWINE MARKET j" HOLDS STEADY AT CITYYARDS General* Trend in Cattle Strong; Veals Sell Higher. Nov Bulk. Early Top. Receipts. 19. *8.20 58.25 9.000 20. 8.25 8.30 8.000 21. 8.30 8.35 9.500 22. 8.30 8 35 6.500 24. 8.401*5 8.50 8.50 8.000 25. • 835 8.50 9,000 26. 8.40S 8.50 8.50 4.500 A steady market with prices unchanged from Tuesday characterized hogs this morning at the city stockyards. The > Ik, 160 to 300 pounds, sold for 06 to $8.50, early top holding at $8.50. Receipts were estimated at 4,500; holdovers were 118. General trade in cattle was strong. Receipts were 800. Vealers were 50 cents higher, selling at $11.50 down. Calft receipts were 300. Lambs moved up 50 to 75 cents this morning, the bulk selling at $8 to $8.75. Top price was $9. Receipts were 1,000. Chicago hog receipts were 24, 00, including 8,000 direct. Holdovers were 6,000. The opening was fairly active to shippers and around 10 cents higher than Tuesday’s average, or steady with Tuesday’s best prices. Several loads of 150 to. 220pound weights at $8.25; best strongweights butchers held higher. Cattle receipts, 13,000; calves, 2,000; market steady. Sheep 10,000, 25 cents higher, HOGS Receipts, 4.300: market, steady —Light Lights— G4O-160) Good and choice ..$ 8.25 —Light Weights—-(l6o-180) Good and choice.. 8.40 (180-2001 Good and choice. 8.40 —Medium Weights—--1200-2203 Good and choice, . 8.45 (220-250) Good and choice.. 8.45® 8.50 —Heavy Weights— C 250-290) Good and choice..... 8.50 (280-350) Good and choice. _. 8.250 8.50 —Packing Sows—-(27s-500) Medium and g00d... 7.00® 7.75 (110-130) Slaughter nigs ...A.. B.oo® 8.15 CATTLE (Slaughter Class) Receipts, 800; market, steady. Good and choice $11.00013.25 Common and medium 6.50®11.00 (1.100-1.500) Good and choice $10.25013.90 Medium 7.00010.25 —Heifers—-(soo-850) Good and choice 8.50011.50 Cjpmmon and medium 5.000 8.50 Good and choice 5.25® 6.73 Common and medium 4.00® 5.25 Low cutters and cutters .. . 2.500 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, 300; market, higher. Good and choice $11.00011.50 Medium 8.00®11.00 Cull and common 5.00® 8.00 —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 0 8.25 Common and medium 4.00® 6.00 (800-1.5001 Good and choice 6.00® 8.25 Common and medium 4.25® 6.00 SHEEP AND LAMBS Receipts, 1,000: market, higher. Good and choice $ 8.00 0 9 00 Common and medium 5.50® 8.00 —Ewes— Medium and choice 2.50® 4.00 Cull and common I.oo® 2.50

Other Livestock By Times Special LOUISVILLE, Nor. 26.—Hogs—Receipts 900; market steady to 15c higher: 325 lbs. UP. $7.96: 175-325 lbs.. $8.50: 130-175 lbs. $3.10; 130 lbs. down. $7.40. roughs. $6.75; stags. $5.75. Cattle —Receipts. 100; market. steady: prime heavy steers. 5859.50: heavy shipping steers. $6.50@8; medium and plain sters, [email protected]; fat heifers. $4 50 0.9.50; good to choice cows, $405.25; medium to good cows. $3.25(5.4; cutters. $3(5: 3.25; canners. $2(5.2.50; bulls. $305: :eeders $6.25®<7: stockers. [email protected]. Calves —Receipts. 100: market. 50c higher: good to choice, $7.50(59.50; mediums. $5.50@ 7.50; common to medium, $3.50(55.50. Sheep—Receipts. 50; market, steady: ewe and wether lambs. $7.50: buck lambs. $6.50: seconds. $4(54.50; clipped sheep. $2(53. Tuesday’s shipments: Cattle, none; calves, none: hogs. 154; sheep, none. This market closed Thursday. By United Press CINCINNATI. Nov. 26.—Hoet— Receipts, 2.000: holdover. 450: fairly active. 10020 c higher; better grade 160-250 lbs, $8.75® 8.85; mostly $8.75 on 200 lbs. up: light Ughts very scarce; few odd lots. 130-150-lb. throwouts. $5.2558.50: sows about steady: bulk. $7 @7.25. Cattle—Receipts. 255: calves, 25: active, general steady; odd lots common and medium steers and heifers. $6.5008.50; more desirable kinds up to $11; no choice offerings here;, most beef cows. $4.50(55.50: low cutters and cutter and cutter cows. $2,750:4: best weighty bulls Quotable $5.75: vealers active: good and choice kinds 50c higher, at [email protected]: lower grades strong. $9.50 down. Sheep—Receipts. 425; lambs steady to strong: spots 50c higher: better grade light and handy -weight. [email protected]; few; choice upward to $9; comomn and medium grades. $6(3.7.50; sheep steady; fat ewes, $203. By United Press CLEVELAND. Nov. 26.—Hogs—Receipts. 1.800; holdover, none; mostly 10c lower on all weights pigs to 280 Ids. at $8.65; rough sow's and stags steady, $7.25 and $5.25 . respectively. Cattle —Receipts. 225, active; steers, 25c spots 50c over Monday: common to medium lots. $7.50@9; cows and bulls strong to mostly 25c higher: low; cutter and cutter cows. $2.5004 and above; sausage bulls, $4.50(5,5.50 mostly. Calves. 350, vealers strong, spot 50c higher: good to choice. $12.50013; occasional best Individuals. sl3 50; culls to good SBOI2. according to kind. Sheep— Receipts. 2.2 i-. lambs active, strong, spot 25c higher on better grade; occasionally up more on others: good to choice. $8.50® 8.75: heavies upward to $7; most throwouts, [email protected]; culls. $505.50. fat ewes steady. $2.’50'@3.50. By United Press TOLEDO. Nov. 26.—Hogs—Receipts. 250: market. 10@15c higher: heavies, $7.75 08: mediums. 58.2508.50: Yorkers. $8.15®8.40: pigs. $8.25®8.50. Cattle—Receipts, lights: market, strong. Calves—Receipts, light: market, strong, best 50c higher. Sheep— Receipts, light; market, strong to 25c higher. By United Press EAST ST. LOUIS, 111, Nov. 26.—Hogs— Receipts. 11.500: market, slow at 5010 c advance over Thursday’s average; top. $8.45: most 160-210 lbs, $8.35 and $8.40; 100-150 lbs, [email protected]; sow's steady at 57.1507.40 Cattle—Receipts. 1,800; calves, 90Q: steers, mixed yearling heifers and all slaughter cows. 25c higher; bulls steady vealers. 65c(S$l higher at $12.75 and sl3; steers. $7.25@11. Sheen—Receipts. 1.500; market, some earlv sales less to packers; steady at $7.75@8: a few held higher: sheep, steady; fat ewes, $3.50 down. By United Press FT. WAYNE. Ind, Nov. 26.—Hogs—Receipts. steady: 100-140 lbs, $7.75: 140-160 !bs, $8: 160-200 lbs, $8.10: 200-250 lbs. 53.29: 250-300 lbs, 58.30: 300-350 lbs, $8: roughs. $7: stags, $5; calves. $11.50; lambs. $7.2507.75. By United Press EAST BUFFALO. N. Y, Nov. 26.—Hogs— Receipts. 800: holdovers. 2.500: active to all interests: weights above 150 lbs, 15c higher: others, about steady: bulk desirable. 130-225 lbs, $8.90 09: 130 lbs. down. $909.25; 260-300-lb. butchers. [email protected]; packing sows. [email protected]. Cattle —Receipts. 275: general steady to strong; grass steers. $8.25: cutter grades. $2.5004. Calves—Receipts. 40: vealers. 50c higher. sl3 down. SheeD—Receipts 600: lambs, active: 25c to mostly 50c higher: good to choice ewe and wether lambs. $9: medium kinds and weighty throwouts. $8: most throwouts. $6.75 @7. By United Press PITTSBURGH. Nov. 26.—Hogs—Receipts. 2.500: market, steady: 140-190 lbs, *8 753 8.80: 190-230 lbs, $8.653 8.75: 240-280 lbs, $8 50 3 8.65; packing sows. S7O 7.50. Cattle —Receipts, nope- market, nominal. Calves —Reeelnta. 150: market, about steady: pack ieal c rs. $12.50: medium to good grade. $7310.50. Sheen—Receipts. 1.000: fat lambs. Pteedv to stronger: 70-80-lb. weights. SBS 8.75; heavy lambs. $7.50 downward. Chicago Stocks Opening (Bv James T. Hamill & Cos.) —Nov. 26 Assoc, lei Ut... 21% Elec Hshld 27% Auburn Motors. 76 ;lnsu!l com .... 41$* Bendrx Avia... 18% Insull Dfd 81 Borg Warner... 18 Maj Hshld 8% Cord Corpn 5 Mid com 20** Cont i Cfa Cp cm BVj Nat’l Pw & Lt ., 61 Con Ch Cp pfd 40k; Nat’l Stand 27 Ch Con com... ’s% Swift Intern... 32*4 Ch Cpn pfd 40 US Radio <Sc Tel 19 Cheo Sec 16% Util & Ind ofd.. 18 Gen Tbea Eo . 17% Zenith Radio... 3 Grssrihy Gru .. 4%

BELIEVE IT or NOT

The. pricelem ftoarKTre IMNoi* jfjggr j V j /-/• f Founder q? M 3ohmTarleTou College jup’ \ made 326 Business Vis \ Trips across the MALE SEAL - stAYs OUT o. WATER %* * ATLANTIC OCEAM 4 MONTHS WITHQUT EATINUOR DRINKIHG r—. ® !1 Kfc* roams 9j.(in tm. Oro> HtiUm nsko nacrmS

Dow-Jones Summary j

LONDON—New York cables opened at 4.85 19*32 unchanged. Paris checks. 123.60: Amsterdam. 12.065: Italy, 92.775; Berlin, 20.362. Boston and Maine October net Income $772,533 after taxes and charges against $658,622 in October, 1929. Ten months, $4,807,986 against $5,666,157. American Gas and Electric Company and subsidiaries output week ended Nov. 22. was 75.392.459 KWH decrease. 3 per cent from like period last year. Great Northern October net operative income $5,188,282 against $5,002,549 in 1929. Ten months $19,101,461 against $27,564,789. Union Carbide and Carbon declared regular auarterly dividend of 65 cents payable Jan. 1. record Dec, 4. J. P. Morgan & Company Chase Securities Corporation and Barr Brothers & Cos, Inc, exteude $60,000,000 short term 2’4 per cent loan to New York City. Tide Water Oil Company declared regular Quarterly dividend of 20 cents on common, payable Dec. 31. record Dec. 12. United Aircraft and Transport declared regular quarterly dividend of 75 cents on preferred, payable Jan. 1. record Dec. 10. New Haven Railroad ten months net $587 a common share against $9.02 a share in first ten months of 1929. Freight loadings in United States in week ended Nov. 15 totaled 829.251 cars, a decrease of 52.150 from preceding week. 153,675 below last week. Detroit Edison Company declared regular Quarterly dividend of $2, tja.vabu Jan. 13. record Dec. 20. Wesson Os. and Snowdrift Company. Inc, declare 1 regular Quarterly dividend of 50 cents on common, payable Jan. l record Dec. 15. $ National Surety Company declared regular quarterly dividend of sl-*5 payable Jan. 2. record Dec. 16. Webster Eisenlohr Inc, declared regular quarterly dividend of $1.75 on preferred payable Jan 2. record Dec. 20. Honolulu Consolidated Oil Corporation Lieutenant declared regular Quarterly dividend of 50 cents payable Dec. 15, record Dec. 5. Zonite Frodu-' Corporation declared regular quarterly .dend of 25 cents payable Dec. 10, roc. ‘ . Dec. 2. New York Ontario & Western October net operating income $27,551. against .9,956 in October. 1929 Ten months $8(2,800. against $980,942. Segal Lock & Hardware Company declared regular quarterly dividend of 12 Vt cents payable Jan. 6, record Nov. 26. Lessing’s Inc declared regular quarterly

The City in Brief

Dr. I. J. Good, president of Indians, Central college, was the speaker at the weekly luncheon of the Indianapolis Real Estate Board in the Indianapolis Athletic Club today. K. A. Kennedy of the Boeing school of aeronautics, Oakland, Cal, was the speaker at a dinner meeting of the Hoosier Flying Club in the administration building at Hoosier airport Monday night. Annual cabinet election and banquet of the Christian Men Builders class will be held at 6:30 tonight in the lower assembly room of the Third Christian church. Standardization and sirfiplification in purchasing saves industry $250,000,000 annually, George A. Cooper of the national bureau of standards told the Indianapolis Purchasing Agents Association at luncheon in the Severin Tuesday. Members of the Fletcher Trust Men’s Club had a Thanksgiving dinner, listened to several talks, played pony golf and held a business meeting Wednesday night,

Local Wagon Wheat

City grain eltvilars are paving 73c for No. 1 red wheat and 67c lor No. 1 hard wheat NEW YORK COFFEE RANGE —NOV. 25 Hieh.. Low. Close. March 5.83 5.77 5.80 Mav 5 65 5.57 5.65 July 5.50 5.47 5.50 September 5.44 5.41 5.41 December 6.63 6.52 6.63 RAW SUG AR .PRICES —Nov. 25High. Low. Close. January 1.39 1.34 1.36 March •. 1.47 1 43 1.45 May . 1.54 1.51 1.53 July ‘ 1 80 1.58 1.60 September ,1.66 1.64 1.66 December ....y, 1.31 127 130

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

dividend of 35 cents payable Dec. 31. record Dec. 11. Stockholders of New York steam subscribed for entire issue, of 120.000 l shares of common recently offered at SSO a share. Wabash In week ended Nov. 22. handled 15.736 revenue cars against 16.117 previous v/eek and 17,233 like week, 1929. Burlington In first twenty-one days of November handled 99.156 revenue cars against 110.545 like period 1929 and Chicago and Northwestern 93,270 against 110.767. Public Service Corporation, New Jersey, declared regular quarterly dividend of 85 cents on common, payable Dec. 31. record Dec. 5. LONDON —Bar silver 16%d. unchanged; forward 16%d. unchanged; gold bars 85s l%d. unchanged. International Cement declared regular quarterly dividend of $1 on common, payable Dec. 31, record Dec. 11. American Ice and subsidiaries October profit $404,018 after interest, but before depreciation and federal taxes against $399,062 in October. 1929. Ten months $5,434,925 against $5,278,420. Sterling cables opened 4.85 19-32. unchanged; francs. 3.92%. up 1-16; marks. 23.84, off %; Spain. 11.20, up 1. Brillo .Manufacturing declared quarterly dividend of 15 cents on common, placing stock on 60 cents annual basis*

Indianapolis Stocks

—Nov. 26Bid. Ask. American Central Life Inc C 0950 Belt R R & S Yds Cos com... 48 52 ’Central Indiana Pw Go pfd 7s 84 88 Bobbs-Merril! Cos .....28 ♦Central Indiana Pw Cos pfd 7s 84% 99 Circle Theater Cos com 7s 103 Citizens Gas Cos com 10s 24 Citizens Gas Cos pfd 5s 98 103 •Commonwealth Ln Cos pfd 7s 97 101 ♦Commonwealth Ln Cos pfd 7s 96% 100 Hook Drug Cos com 20 24 Indiana Hotel Cos Clapl com. 123 Indiana Hotel Cos pfd 65...., .100’% ... Indpls Gas Cos com 6s .58 62% Tndpls Power & Lt Cos pfd 6’%5.109 104’% Indpls Pu Welf L Assn com 8s 53 Indpls Water Cos pfd 5s 101% ... Interst Pu Ser Cos pr li pfd 6s 85 90 Interstate Pub Serv Cos pfd 6s. 85 90 Metro Loan Cos 8s 100 North Ind Pub Serv Cos pfd-5Vi'S . 95' North Ind Pub Serv Cos pfd 6s 95 100 Northern Ind Pu Sv Cos pfd 75.105 110 Prog Laundry Cos com 39 E Rauh & Sons Ferti’ Cos pfd 6s 47 Terre Haute Lt & Pwr pfd.. 65 Union Title Cos com 3s . . 28 35 Van Camp Prod Cos Ist pfd 7s ~ 95 Van Camp Prod Cos 2d pfd Bs.. .. 100 Auburn Automobile Cos com.. 76% 78’% Backstay Welt Cos common... 75% 77% Indiana Pipe Line Cos ...... 20 22 Link-Eelt Cos common 30 32 Lynch Glass Machine Cos com 14 16 Mead Johnson & Cos common 77 79 New York Central Railroad C 0.130% 79 Noblitt-Sparks industries Inc.. 34% 36% Perfect Circle Cos common 19 21 Real Silk Hosiery Mills Hie pfd 85 93 Real Silk Hosiery Mills In com 34’% 36 Ross Gear & Tool Cos ..19 21 Standard Oil Cos (Indiana).. 35 36 Studebaker Corporation 22 23 Bends Belt R R & Stk Yds Cos 45.... 85 Broad Ripple Trac 25 Cent Ind Gas Cos 5s 98’% . Indianapolis Gas Cos 5s 99’% 101 Citizens Street Railroad 55... 27 31 Garv Street Rv Ist 5s 69 Home T &T of Ft. Wayne 6s. .IM’% ... Ind Railway & Light Cos 55... 95 Indiana Service Corpn 5s 83 Indianapolis Gas Cos 5s 100% 102’/? Indpls & Martinsv Ra Hr Cos 5s 15 Indpls & Northw Trac Cos 55... 6 ... Indpls St Rw 4s lt 16 Indpls Trac & Term Cfi 55... 66 68 Indpls water 5s 98 Indpls Water Cos sVjs 102’% 104% Indpls Water Cos 5%s 103 104’% Indpls Wa Cos Ist lien & ref 5s 98 Indpls Water Cos 4%s 95’% ... Indpls Water Works Sec Cos ss. 90 Interstate Ptib Serv Cos 4%5.. 90 ... Interstate Public Service Cos 5s 97 Interstate Pub Serv Cos B 6’%5.105 ... No Ind Pub Serv Cos 5s 98 No Ind Teleph Cos 6s 98% 100 Ter Haute Trac & LI Cos 55.. 80 ... —“S&I6S ■■ SI.OOO Indpls Trac & Term 5s at... 65

We buy and sell U. S. Liberty Loan Bonds U. S. Treasury Certificates Indiana Municipal Bonds Indiana Gravel Road Bonds Federal Farm Loan Bonds joint Stock Land Bank Bonds Fletcher American Company 41 North Pennsylvania Street I Affiliated with The Fletcher American National Bank

l-c Rogiftered *O. S. MJ V l atent Office RIPLEY

I Following is the explanation of Ripley’s “Believe It or Not,” which appeared in Tuesday’s Times: The Origin of the Word “Meander”—Meander, meaning winding or crooked, is derived from the ancient name of a river in Phrygia. This stream proverbial for Its Winding and tortuous channel, now is known as the Menderez. It flows into the Agean sea opposite the island of Samoa off the coast of Asia Minor. Reference: “Popular Questions Answered,” by George W. Stimpson, George Sully & Cos., New York City. Three Touchdowns on Passes in Four Minutes With but four minutes left to play, when Bend and Seaside were playing in the finals for the state football championship cf Oregon in 1925, a pass from Loomis to O’Brien resulted in a touchdown. After the kickoff Loomis brought the ball to Bend’s 40-yard line, and on the ! next play passed to O’Brien for another touchdown. Seaside kicked off again and Loomis ran the ball down to Bend’s 40-yard line a second time, and for the third time Loomis passed to O’Brien for a third touchdown. It was Bend’s game, 19-0. Thursday: “Nothing to Eat on Thanksgiving.” SCOTTISH RITE WILL CONFER HIGH DEGREES Class to Be Initiated at Cathedral; New Officers Are Announced. Twenty-ninth and thirtieth degrees in Scottish Rite will be conferred on a class of candidates tonight at the cathedral with Edward H. Mayo, lieutenant commander, and J. Clyde Hoffman, chancellor, presiding. Thirty-first degree, under direction of James H. Lowry, standard bearer, and the thirty-second and final degree, under direction of Horace C. Anderson, commander-in-chief, will be given Friday night. The following have been elected officers of the class: Thomas L. Locke, president; John W. Webb, first vice-president: Bernard L. Webster. second vice-president; Joseph K. Ake. orator: C. K. RowHson, secretary: Walter L. Shirley, treasurer, and Herbert L. Suffrlns. historian. Woman Hurt by Car Mrs. M. E. Rees, 65, of 4057 Brookville road, was struck by tin automobile driven by Dr. L. M. Green, Rushville, as she crossed the road near her home Tuesday night. She suffered a fractured collar bone.

CAMPBELL and COMPANY BONDS and STOCKS Trustee Standard Oil Shares 1418 Fletcher Trnat Bldg. 81. 1881

.NOV. 26, 1930

FIRM REPORTS SEND FUTURES yRTUPWARD Trade Confident Corn Will Work Higher; Oats 1 in Demand. By United Press CHICAGO. Nov. 26 Wheat opened steady to fractionally higher on the Board of Trade today, strength in foreign markets encouraging some buying in the deferred months, but mostly in the way of evening up for Thursday’s holiday-. Liverpool was dull and idle, but somewhat firmer on the uncertain Argentine conditions. Corn was more active and has fair fractional advance on the weather and with wheat. Oats were quiet but firm. Liverpool Stronger At the opening wheat was unchanged to % cent higher, corn was ’4 to % cent higher and oats were unchanged to T 1 cent higher. Provisions were steady. Liverpool and Buenos Aires were much stronger than expected today. Liverpool being % to % cent higher at midafternoon and Buenos Aires opening % cent up. Conservative interests believe that the later Russian reports suggesting that the Soviet was through shipping wheat for the winter, if true, will improve foreign conditions and have a strengthening influence in the United States. The present disposition is to confine purchases to the dips. Gats in Demand The action of com Tuesday was a distinct disappointment to the trade. The cold weather is undoubtedly increasing the feeding and further curtailing the movement, but the advance was lost completely Tuesday in a wave of profittaking. The trade generally has much confidence in ultimately higher prices and is inclined to buy on the setbacks. Oats showed an air of independence and has not been as quick to break as the other grains have been. The cash demand is excellent. The shortage of feed crops in United States and Europe, it is felt, must make itself felt soon and traders expected better prices. Chicago Grain Table —Nov. 26 WHEAT (Old) Prev. Hizh. Lo-*- 11.00 close. December ... .76% .75% .76 .76 March 78% .78 .78% .73 Mav 80% 80 .80% .80% July 77 76% .76% .76% CORN (Old) December ... .75 5 , .75% 75% .75% March .78 77% s .78 .77% Mav .80% .79% .80 .79% July 806 .80% .80% .80% OATS (Old) December ... .35% .35 .35% .34% March 37% .36% .36% .36% May 38’a .38% .38% .38% RYE (Old) December ... .42% 42% .42% .41’. March ... .44% Mav Iris .47% .47% .46’% LARD— December ... 9.87 9.87 May 9.95 9.92 By Times Special CHICAGO. Nov. 26.—Carlots: Wheat, 4; corn, 81; cats. 11; rye. 1, and barley. 0. Killed by Fumes From Truck Body of John Grant, 35, of 1525 East Eighteenth street, driver tor the W. D. Kibler Trucking Company, Indianapolis, who died of carbon monoxide fumes in a truck near Wateseka, 111., Tuesday night, was to be brought to Indianapoliff today. Funeral arrangements have not been completed.

Thanksgiving Reduced Rate Excursions Going home for Thanks giving? Thousands of other* are going, too. Highway* will be jammed with traffic. But the steel highways are always open —and safel You’ll make far better time by electric railway. It’s the least expensive and most comfortable route. Round Trip for only three-quarters of the regular fare to all points on the Indiana Railroad System Fort Wayne .... .50.55 Muncie $2.55 Louisville $5.25 Correspondingly low fares to ether points. I Tickets on Sale beg Lanin gWednesday, Nov. 26, at all stations. Eicon* sion rate tickets are good on all returning trains up to Midnight, Monday, Dec. Ist. INDIANA RAILROAD SYSTEM Indiana Railroad Interstate Public Service Company