Indianapolis Times, Volume 42, Number 184, Indianapolis, Marion County, 11 December 1930 — Page 12

PAGE 12

STOCK SHARES ' SHOW WEAKER TRADINGRANGE Rails Again Lead Decline \ With Prices Sinking * to New Lows.

Average Stock Prices

Avaran# of thirty Industrials for Wednesday was 173 98. off 2.52. Average of twenty rails wa* 9*Bo, off 1.14. Average of twenty utilities was 59.66. off 1.54. Average of forty bonds was 93.7 J. off .42. By T nitcd Press NEW YORK, Dec. 11.—Weakness in railroad shares and a drop to new lows In two of the banking investment trust stocks featured a slow, steady decline on the stock exchange in the first part of the session today. The whole list joined the decline to new lows. The decline was a carryover from Wednesday's selling which was caused by unsettlement in the banking community. Today’s announcement that the state superintendent of banks had taken over the affairs of Bank of United States, a purely local institution, caused hardly a ripple in stocks at the opening and in the early trading. Volume Shrinks Dealings were active for a time, but the volume soon shrank and continued to slow down as the market dipped lower. Considerable selling to establish tax losses was a factor in bringing lower prices. The reaction of Wednesday also impaired many accounts which had to be sold out today. Selling of the rails followed publication of the earnings of 171 railroads October. Net operating income Os these lines for the first ten months of 1930 amounted to *772.440,927, against $1,116,066,690 for the corresponding 1929 period. Movie Shares Drop Baltimore & Ohio made anew low since 1922 at 63%, off 2',4; New York Central since 1926, at 118, off 2%; Chesapeake & Ohio for the present stock at 38, off 1; Chesapeake Corporation, a record low, at 38, off 1; Alleghany Corporation, record low, at 7%, off %; Pennsyl--ania since 1925 at 55%, off and Chicago & Northwestern, for this century at 35%, off %. Motion picture shares were down .sharply. Fox led the decline, touching 28. off 2, while others lost fractions to a point. Special issues were weak, especially Drug, Inc., which dropped 2% to 59. Allied Chemical lost 11% points to 186%, anew low for the rear. American Telephone touched 180%, off 2%.

Bank Clearings

INDIANAPOLIS STATEMENT —Dec. 11— Debits .::::•••• 5.799.000.00 NEW YORK STATEMENT —Dec. 11— ("earffigs $1,024,000,000.00 Balance ... 161.000.000.00 Fdl RM. Bilik. Cr. 8a1..... 113.000.000.00 treasury statement —Dec. 11Net balance for pec. 9..#.. h'vnendltures 8.769,134.12 Customs recta, month to date 10.638,211.80 CHICAGO STATEMENT —Dec. 10— Clearings Balances 15,100,000

New York Curb Market

(Bv Thomson & McKinnon) —Dec. 11— 11:301 11:30 4m Com Pwr A 13% Mo Kan Pipe... 6 Am Gas & El.. 85 Mt Prod 5% Am Lt & Tr... 40% Nat Sugar .... 28 Arfc Gas .... 9*. Nat Av 4% Avia of Am.... 22%!Nat Inv 4% Brasil P Sc L.. 23%’Newmont Min.. 53% Can Marc 2%’Nla Hud Pwr.. 10 ritus Serv ... 16 T ANARUS Panroad 6 Crocker & Wh. 7% Prln & Whtly.. 1 Durant M0t.... 1% Salt Creek 6% Flee Bond Bh.. 41VaiSel Indus 2Va Ford i>f Can ... 20*VSchulte Ret.... 4 Ford of Eng... 14V. Shenandoah ... 5% Fox Theater... 3 'Btd of Ind ..... 35*4 Gulf Oil . 67%; Std Os KV 32% Hudson Bav ... 4%'Un Gas (newi.. 8% Humble Oil .... 6%IUn Lt & Pwr... 23% Int Super 21 Un Verde 8% int Ptte 14 1 -* *Ut Pwr * non Oil 7% Vacuum Oil .... 60U MldW Ut 18%l

Net Changes

By United Press NEW YORK, Dec. 10.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: up. Off. Alleghany Corporation 7% ••• 4? American Can 111% ••• Amer Sc Foreign Pwr 33% ... 1% Amer Telephone 182% ... 1% Atchison -180 % ‘x.Bethlehem Steel 58 ... 1% Case 94% ... 2% Consolidated Gas 83% ... 2% Erie 33 ... % Electric Power 40 . . 1 % General Electric 46 ... % General Motors 33% ... % iirtrnatlonal Telephone .... 23% ... % Lciw's Inc 54 ... % Montgomery Ward 19% ... % National Biscuit <5% ... 2% N Y Central .120 ... 1% Pennsylvania 50 .. 1% Radio 14% ••• Sears Roebuck 51% ... 4 Sinclair 11% ••• % Standard Oil. N J 24% ... % Transamerica (unchanged) 14% ... ... United Corporation. 10% ... % U S Steel 141 ... 1% vanadium 51 % ... 1% Westlnghouse Electric 94 3 Building Permits Dick Tuttle, repair. 635-37 Darnell. $650. Commercial Credit CompanT. repair. 965 E. Minnesota. $350. O. R. Durham, repair. 2034 Spruce. $350. Charles Barnhart, repair. 5041 East Washtng:on. S3OO. „ . , Russell K. Flnkhlner. excavation and alterations. 3slo North Olnev. S6OO. NEW TORK COFTEE RANGE —Dec. 10— High. Low. Close. March 0.00 5.89 5.89 Mav 5.85 5.75 5.75 July 5.75 5.5* 5 58 September 5.68 5.60 5.60 December 8.80 6.70 6.70

James T.Hamill & Company Frirsl# Wire* to All Leading Markets. Indianapolis MEMBERS Chicago Stock exchange Chicago Board of Trade ladlaaapolla Board of Trade Aas eclated New York Curb 203 Continental Bonk Bldg. Tel. Riley *4*s—Riley 54*4

Wm Indiana ... rM .„„ Buy and Preferred Stocks America. Bid*. Sail ZAISER & ZAISER

New York Stocks —~———- ,By Thomas 6c McKinnon'

—Dec. 11— Railroad*— _ PfV. High. Low. 11:30 close. Atchlion 179 17116 171% Atl Coit Line 116 llj* B*lt tc Ohio .... 65 64‘a 64% 85% Chesa tc Ohio.. 38% 38% 38% 39 V Chega Corp ... 38% .• ■ Chi Grt West 5% }% Bhi8 hi N West 36 35% RUP 55 58 Del Ltc W ..... 78% 77% 77% 2? Del tc Hudson ... 136 Erie 24 22% 23% 23 Great Northern.. 60 59% £0 tO% Gulf Mob Jc Oil.. .. ... ... 13% Illinois Central.. .. 35 Lou tc Nash 94 % MKtc T 18% 17% 17% 17% Mo Pacific 25% 25 Mo Pacific pfd. 7 N Y Central ...119% 118 119% 120 Nickel Plate 75 75% NY NH tc H .... 78% 76% 76% 76 Nor Pacific . . 31 50% . Norfolk tc West. .192 1 90% 190% 192% I O tc W 5% Pere Maru . • .. • 1 Pensylvanla 56 55% 55% 56 Reading 87 % 'So Pacific 96 96 Southern Ry.... 57% 58% 56% 57% St Paul 5% 5% 5%. 5% St Paul Dfd... 9% 9% 9% 9% St L & S P 1* Texas tc Pac . • 97 Union Pacific .179% 177% 179% 177% W Maryland ... 12% 13 West Pacific 9 Equipments— Am Car tc Pdy 35 35 Am Locomotive.. 26 25% 26 26% Am Steel Fd ... 36% 26 Am Air Brake 8 33% 33% Gen Am Tank.. 65% 65% 65% 65% General Elec.... 46 45% 45% 46 Oen Ry Signal.. 66% 66 86% 66 Lima Loco 24 Press Stl Car 3% 3% Pullman 57 56% 57 57 Westlngh Ar B 34 34 Westlngh Elec.. 94% 93 93% 94 Rubbers— Firestone , 16% Fisk % % % % Goodrich 17*% 17% 17% 17% Goodyear 48% 47 48% 49 Kelly Sorgfld 1% 1% U S Rubber 14 14% Ail burn 86% 84 83% 85% Chrysler 16 15% 15% 16% Gardner . *'* Graham Paige 3% ... General Motors.. 33% 33 33% 33% Hudson 22% 23% 23% 23% Hupp 8% 8% Mack 40 39% 39% 40 Marmon 5% 5% Nash 26% 25% 25% 35% Packard 8% 8% B*4 8% Pierce-Arrow 21 ... Reo 9 8% 9,, 8% Studebaker 31% 21% 21% 31% Yellow Truck.... 10% 9% 10% 9T6 Motor Access—\m Bosch 18 ... Bendlx Aviation 17% 16% 17 17 Borg Warner.... 17% 17 17 17% Briggs 15% 15 15% 15% Budd Wheel 9% 9% Eaton • 14% El Storage B .• 04% 55% Hayes Body 3% 3% 3% ... Houda 5% 5 5% 5 MoLor-Wheel ■■ ... 15 Sparks W 9% 9% 9% 9% Stewart Warner 17% 17% 17% 17% Timken R 011.... 42 41% 41% 42 Mining— Am Metals 18 li’/s li% 18 Am Smelt 48% 48% 48% 49 Am Zinc . 5Vs 5% Anaconda Cop.. 32% 32% 32% 33 Cal tc Hecla 9 9 Cal tc Arlz 36% 37 Cerro de Pasco 24% 24% Dome Mines 8% Freeport Texas.. 31 30% 31 31% Granby Corn.... 16 15% 15% 16 Great Nor Ore 1?% Howe Sound ... 24% 34 Int Nickel 17% 17 17 17% Inspiration 8% ... Kennecott Cop.. 24% 24% 34% 25 Magma Cop 22% 21% 21% 22% Miami Copper.. 9 8% 8% 9 Nev Cons 11% 11% 11% 11% Texas Gul Sul.. 49*4 49% 49% 49% U S Smelt 23% 23% Amerada 21 20 21 30% Am Republic .. 19% 18% 19% 7% Atl Refining 9 . Barnsdall 13 12% 12% 13% Beacon 10., Houston ... 8% 8% Indian Refining.. .. ... <3% 3% Mex Seaboard... 11% 11 rl 11% Mid Conti 14% 14% 14% 14% Pan-Amer (B) 42 Phillips 16 15% 16 15% Pr Oil & Gas 14% 14% Pure Oil 16% 10 10 10% Royal Dutch.... 4i 40Vi 41 40% Shell Un 8% 8% Simms Pt ... 6% 6% Sinclair 11% 11% 11% 11% Skelly . • 11% 11% Standard of Cal 48% 47% 47% 47% Standard of N J 51% 50% 51% 51% Standard of NY 25 34% 34% 24% Texas Cos 35% 35% 35% 35% Union Oil • ... 23% 23% Steels— Am Roll Mills... 34 33% 34 34 Bethlehem 57 56% 56% 58 Byers A M 39% 38% 39% 41% Colo Fuel 23% Cruc Steel 52% 52 % Inland / ... ... 60 Ludlum 10 Midland 20% Newton 14% 14 14% ... Repub I& S 16 15% 16 15% U S Steel 1405 139% 140% 141 Vanadium 51% 49% 51 Vi 50% Youngst S* W 22% 23 Youngst S 6s T 75 To'or-ecos— Am Sumatra 8% A Tob A (newi 102 101% A Tob B (new) 104 103% 104 104% Con Cigars 27% General Cigar 36 Llg tc M (81... 82% 81% 81% 28 Lorillard 12 11% 13 12% Reynolds Tob.. 43 1 /* 42% 42% 43% Std Cong Tob.. .. ... ... 4% Tob Pr 10% Tob Pr B 2% 2% United Clg 4% 4 '/a Utilities— Abltlbl , 10 Adams Exp 18% 16% 16% 16*4 Am For Pwr 33% 31% 32% 32% Am Pwr 6s Li 41% 40% 41 41% A T 6s T 182 180% 182 182% Col Gas 6s El.. 33% 33% 33% 34% Com 6s 50u.... 8% 8% 8% 8% El Pwr 6s Li.. 40% 39 39% 40 Gen Gas A 5 4% 5 4 Inti T tc T 23% 23% 23% 33% Natl Pwr 6s Li.. 34% 34% 34% 34% No Amer Cos.. 64*, 63% 64% 65% Pac Gas 6s El.. 46% 46 46% 46% Pub Ser N J.. 70% 69% 69% 71 So Cal Edison.. 45y 8 45 45'/. 45 Std O 6s E 1.... 60% 60Va 60% 00% United Corp 16% 10% 16% 16% Ut Pwr 6s L A.. 23% 2223 24 West Union 132 130% Shipping— Am Inti Corp.. 19 18% 19 i 19% Inti Mer M pfd 15% 15% No Gm Lloyd 31% ... United Fruit... 54% 54 54% 57 Food*— Am Sug 46% 47

Produce Markets

Eggs (Country Run)—Loss off delivered in Indianapolis. 23c; henery quality No. 1. 32c: No. 2. 15c. Poultry (Buying Prices)—Hens, weighing 5 lbs. or over. 18c: under 5 lbs.. 16c; Leghorn hens. 13c; springers. 5 lbs., or ovnr 17e or under 5 lbs.. 16c: ducks, snrlngers. 12c: old cocks. 9@llc: ducks, full feather fat white. 11c; geese. Bc. These prices are for No. 1 too Quality auoted bv Klngan Sc Cos. Butter (wholesale) —No. 1. 35@36c: No. 3.33 c. Butterfat—39c. Cheese (wholesale selling orlce per ooundi—American loaf. Sic; pimento loaf. 33cc; Wisconsin firsts. 37c: Longhorns. 34c: New York Llmberger. 36c. By United Press NEW YORK, Dec. 11.—Fleur—Dull; spring patents. $4.5064.85 barrels. Pork— Dull; mess, $31.50 barrels. Lard—Easier; middle west spot. $10.20010.30 per lb. Tallow—Steady: special to extra, 4%®4%c per lb. Potatoes —Steady; Long Island. $1.2563.75 per bbl.; southern. SBO7 per bbl.: Idaho sack, 50c653: Canada. 45c©$3 per bbl. Sweet potatoes—Dull and easy; southern baskets. $1.2501.50: Jersey baskets. 50c®52.25. Dressed poultry—Steady; turkevs. 21639 c: chickens. 15637 c; capons. 26642 c; fowls. 14 0 37c: ducks. 13 6 32c; ducks. Long Island. 20®22c. Live poultry —Weak; geese. 200 25c; ducks. 12025 c; fowls. 14®33c: turkevs. 206 30c; roosters. 12613 c; chickens. 12631 c; capons. 25® 35c; broilers 25%40c. Cheese—Steady: state whole milk, fancy to specials, 20@32%c: young Americas. 18%@21c. By United Press CINCINNATI. Dee. 11.—Butter—Steady, creamery In tub lots according to score. 39 632 c; common score discounted 263 c; packing stock. No. 1. 25c; No. 3.18 c: No. 3. 10c; butterfat. 38030 c. Eggs—Steady; cases included: Extra firsts, 31c; firsts. 35c: seconds. 23c: nearby ungraded 28c. Live poultry—Thin and coarse stock’ sells only at heavy discount: fowls. 5 lbs. and over. 18c: 4 lbs. and over. 16c; 3 lbs. and over. 13c; Leghorns. 3 lbs. and over. 13c: roosters. 13c; capons. 8 lbs. and over, 35c; under 8 lbs.. 21c; slips. 31c; stags. 17c; colored fryers, over 3 lbs.. 20c; over . lbs.. 20c: broilers, colored. 1% lbs. and over. 21c: broilers, partly feathered. 12c: Leghorn and Orpington fryers, over 2 lbs., 17c: roasting chicks. 4 lbs. and over, 19c; black springers. 13c. By United Press CHICAGO. Dec. 11. Rggs—Market, steady: receipts, 2,433 cases; extra firsts, 28c; firsts, 25c; current receipts. 23®24c; ordinaries. 20® 23c; seconds 15®18c But-ter-Market. easy; receipts. 3,703 tubs; extras, 31c; extra firsts. 30%@31c; firsts, 37%@28c: seconds. 26®26%e: standards. 30%c. Poultry—Market, weak; receipts. 3 cars; fowls. 17c; springers 17%®18c: Leghorns. 13c; ducks. 16c: geese, 14c; turkeys. 14c. Cheese—Twins. 16016%c----young Americas. 16%c. Potatoes—Ori track. 158; arrivals. 45; shipments. 579: market, steady: Wisconsin sacked round whites. 81.4001.60: Idaho sacked Russets [email protected]; Colorado McClures, [email protected].' By United Press CLEVELAND. Dec. 11.— Butter—Extras. 32c. standards. 30 %c. Eggs—Extras, 28c; firsts. 25c. Poultry—Heavy fowls, 20c; medium. 17c- Leghorns lOfelJc; Leghorn fowls. 1461<c; heavy broilers, 17618 c; Leghorn broilers. 13©15: ducks. 15©l*c; old cocks. lsc; geese. 15c; turkeys. 36c: dressed rabbits. $3.50 dozen. Potatoes— Ohio round white* best mostly 81 a 60-lb. sack: Maine Green Mountain mostly *3 35 PIS * *3?;L b - W*ho Russet. $2.40 @2.50 a 100-lb. skek.

Armour A 3% 3% Beechnut Pkg 49 Cal Pkg 47 47% Can Dry jg 37% sa 38% Childs Cos 38% nh 37% 29 Coca Cola 151 149% 151 150% Cont Baking A. 19% 19% 19% 19% Corn Prod 75% 75 % 75% 76 Crm Wheat 39 Cudahy Pkg .... 40% 40% 40% -10% Gen Poods 50% 49% 50 49% Grand Union ... 10% 10% 10% 10% Hershev 89 Jewel Tea 42% Kroger 20% 20% 20% 21 Nat Biscuit 75 7 74% 75% Pillsbury ... 28% ... Safeway St 48% 48% Std Brands ... 18% 13% 16% 16% Ward Bkg 4% 4% Drurs— Cotv Inc 9% iri Lambert Cos 78% 78% Lehn 6s Pink .... 25% Industrials— Am Radiator 17% 17% 17% 18 Bush Term 35 Certalnteed 3% Gen Asphalt 28% 28% Lehigh Port ... 14% 14'/a Otis Elev 53% 52 53% 52% Indus Chems— Allied Chem ....188 186% 187% 197% Com Solv 16 15% 15% 18% Union Carb 56% 55 % 55% 56 U S Ind Alco ... 59% 58% 59% 59% Retail Stores— Assoc Drv Gds.. 25% 25 25 25% Glmbel Bros 6 6 Kresge S S 26% 26% 26% 26% May D Store... 33% 32% 32% 32% Mont Ward 18% 18% 18% 19% Penny J C 31% 31% 31% 31% Schulte Ret St 4 4% Sears Roe 50 49% 49% 50% Woolworth 58 56% 57% 58% Amusemen ts— Bruns Balks 11% 11 11% 11% Col Graph 9% 9% 9% 9% Crosley Radio... 5% 5 5 5 Eastman Kod ..153% 152 153% 154 Fox Film (A)... 30 27% 28 30 Grigsby Grunow 3% 3% Loews Inc 53% 52 52% 54 Param Pam 40% 40% 40% 40% Radio Corp 14% 13% 13% 14% R-K-O 18% 18 18% 18% Schubert s*. Warner Bros .. 18% 15% 15% 15% Mlacellaneoup— Arlway App 9% 10 City Ice 6s Fu 36% Congoleum 7% 7% 7% 7% Amer Can 111% 109% 110% Ill's Cont Can 47% 47 % 47 47% Curtiss Wr 3% 2% 2% 2% Gillette S R 26% 35% 25% 26% Rgal Silk 29

Dow-Jones v Summary

LONDON —Bank of England made no change In Its discount rate of 3 per cent. LONDON—New York cables opened at 4.85% against 4.85 27-32: Paris checks. 123.59: Amsterdam. 12.051: Itali'. 92.745: Berlin. 20.36. Production of electricity in United States for week ended Dee. 6 was 1.720,341.000 kwh. against 1.680,443.000 In previous week, which included Thanksgiving day holiday: 1,798.620,000 In like week 1929 and 1,706.000,000 In 1928, according to National Electric Light Association. Bank of England statement as of Dec. 11 shows In circulation 364.473.000 pounds against 359.218.000 pounds on Dec. 4. Ratio 43.1 per cent against 45.5 per cent and bullion 152.448.000 pounds against 155,630.000 pounds. Pacific Gas and Electric Company declared regular quarterly dividend of 50 cents on common, payable Jan. 15, record Dec. 31. L. C. Bmith and Corona Typewriters. Inc., declared regular quarterly dividend of 25 cents on common, payable Jan. 1, record Dec. 20. November net operating income of Chicago Burlington Sc Quincy estimated at $1,660,000 against $1,811,081 in November, 1929. Chicago Sc Alton November deficit after charges waff $550,498 against $383,691 In 1929. Eleven months’ deficit was $3,932,665 against $981,439. Standard Oil of New Jersey reduces prices of Diesel fuel oil 15 cents a barrel to $1.85 a barrels at Boston. New York. Baltimore and Charleston, S. C., and $2.05 a barrel at Norfolk. Bank of Prance statement as of Dec. 5 shows gold $52,351 00.000 francs against $51,966,000,000 on Nov. 38. On circulation 75.838.000.000 against 75.950.000.000 and ratio 53.28 per cent against 52.42 per cent. Standard cotton cloths production in November declined 25.2 per cent from a year ago to 206,633,000 yards. Sales 88.6 per cent and shipment 97.1 per cent of production stocks on hand increased 1.7 per cent during month while unfilled orders declined 5 per cent, according to cotton Textile Merchants’ Associations. Loose Wiles Biscuit Company has listed 32,543 shares of common for purpose of acquiring the Schust Company of Saginaw, Mich., makers of biscuit. National Dairy Products Corporation has listed 177.628 shares of common stock for purpose of acquiring the Western Maryland Dairy Corporation. Consolidated Film Industries. Inc., has listed 125.000 shares of addition common stock for purpose of acquiring all stock of the American Record Corporation and option warrants to purchase 38,555 shares of American record at $25 a share before Aug. 1. 1931. International Superpower declared extra dividend of 10 cents and regular quarterly of 25 cents. New York Stock Exchange member collateral loans declined 0.59 per ceSt In November to 4.06 per cent of market value of all listed shares. Market value of all listed shares on the New York Stock Exchange declined $1,713,850,914 In November to $53,311,859,703. Member borrowings decreased $393,875,085 in month to $2,162,249,002. LONDON—Bar silver 15 9-16d. up %and; forward 15%d. up %and; gold bars. 85s l%d, unchanged. International Paper and Power declared regular quarterly divisions of $1.75 on 7 per cent preferred and $1.50 on 6 per cent preferred. Company states indications are that fourth quarter earnings will exceed preferred dividend requirements. Pittston Company declared a dividend of 37Vi cents, payable Jan. 1. record Dec. 20. Grief Bros. Cooperage declared 40 cents quarterly dividend on class A common. placing stock on $1.60 annual basis against $3.20 previously. Patterson Sargent Company year ended Oct. 31 net profit $3.43 a common share against $3.54 a share In preceding year. Alaska Juneau Mining Company declared Initial quarterly dividend of 10 cents, payable Feb. 1. record Jan. 10, placing stock on 40-cents annual basis.

New York Bank Stocks

(By Thomson & McKinnon) —Dec. 10Bid. Ask. America 60 63 Bank of United States.... 11% 13% Bankers 102% 105% Brooklyn Trust 580 590 Central Hanover 237 242 Chase National 95 98 Chatham Phoenix Natl.... 77% 87% Chemical 44 46 Cltv National 97% 100% Corn Exchange 124 128 Commerclalv 270 285 Continental 16% 19% Empire 53 56 First National 3.725 3.925 Guaranty 466 471 Irving 34 36 Manhattan Sc Cos 78% 81% Manufacturers 39% 41’% New York Trust 156 v 161 Public 64 67 Chelsea 23 24

Investment Trust Shares

(By R. H. Gibson Sc Cos.) —Dec. 10— PRICES ARE TO 12 NOON C. T-. T. Bid. Ask. Amer Founder’s Corp com... 5% 5% Am and Gen Sec (A) 14% 15% Am Inv Trust Shares 5% 6% Basic Industry Shares 8% 8% Corporate Trust Shares 6% 6% Diversified Trustee Shares A.. 17% 18 First American Corp 7% 8% Fixed Trust Oil Shares 5% 6* Fixed 'ftust Shares (A) 15 Inv Trust N Y 7VI 8% Leaders of Industry. Series A. 8% Nation Wide Securities 6% 7 National Industry Shares 6 6% No Amer Trust Shares 6% Sel Amer Shares 5% 5% Shawmut Bank Inv Trust.... 9% 11 Universal Trust 6% 7 S. W. St mass Inv Units 45 45 Super Corp of Am Tr Sh A.. 6% IV 4 Trustee Std Oil (A) 6% ... Trustee Std Oil (B) % 7% U S Elec Light Ac Pwr (A).. 29 SI Chicago Stocks Opening (By James T. Hamlll Sc Cos.) —Dec. 11— Bendlx Avia ... 17 jlnsull com 37 Borg Warner .. 17% Insull pfd 79 Cent So West. 16 ;Llon Oil 17% Cord Cos run ... 4% Majestic Hsehold *% Chi Cos run com 5% Middlewest com. 18% Chi Corpn pfd. 40% Nor Sc So Amer 10 Chi Securities.. 15% u S Radio tc Tel 14% Grigsby Grunow 3% CUI Ac Intfu com *%

THE INDiAfiAPOLIS TIMES

SWINE MARKET SELLS LOWER AT CITYYARDS Slaughter Classes Steady in Cattle Trading; Lambs Off. 0 Dec. Bulk. Early Top. Receipts. 4. $8.50® 8.60 $8.60 6.000 5. 8.25® 8.35 8.35 14,000 6. 8.35 8.35 3.000 8. 8.50® 8.60 8.60 5.00 C 9. 8.40 8.45 11.000 10. 8.25®8.35 8.35 11.000 11. B.oo® 8.10 8.10 7,000 A generally weaker trend featured hogs at the city stockyards this morning, prices v ranging 25 cents lower from Wednesday’s average. The bulk, 100 to 300 pounds, sold for $8 to SB.IO, the latter figure holding as the early top. Receipts were estimated at 7,000; holdovers were 121. In the cattle market slaughter i classes were about teadyr Receipts were 1,000. Vealers sold 50 cents lower at sll down. Calf receipts were 600. In the sheep market lambs were off 25 cents or more. Receipts numbered 1,000. Chicago hog receipts were 55,000, including 14,000 direct and 7,000 holdovers. The market was slow, with a few early bids and sales ranging from 15 to 25 cents lower than Wednesday’s average. Good to choice 180 to 240-pounders were selling from $7.75 to $7.85, with a few choice 190-pound weights making a top at $7.90. No underweights were being sold. Cattle receipts were 7,000; calves 2,000, the market steady. Sheep receipts w T ere 19,000 and the market was selling generally steady to 25 cents lower, HOGS Receipts, 7.000: market, lower. —Light Lights—-(l4o-160) Good and choice...s 8.00 —Light Weights—-(l6o-180) Good and chocle... 8.10 (180-200) Good and choice... 8.10 —Medium Weights—-(3oo-220) Good and choice... 8.05 (220-250) Medium and good .. B.oo® 8.05 —Heavy Weights—-(2so-390) Good and choice.. 8.00 (290-350) Good and choice 7.75® 8.00 —Packing Sows—-(37s-500) Medium and g00d... 6.75® 7.50 (110-130) Slaughter pigs 8.00 CATTLE (Slaughter Class) Receipts, 1,000; market, lower. ! Good and choice $10.50® 13.00 Common and medium 6.50® 10.50 (1.100-1,500) Good and choice 10.00® 12.75 Medutm [email protected] —Heifers—-(soo-850) Good and choice 8.50® 11.50 Common and medium 5.00@ 8.50 Good and choice 5.25® 7.00 Common and medium 4.00® 5.25 Low cutters and cutters 2.50® 4.30 —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, lower. Good and choice $10.50® 11.00 Medium 6.50® 10.50 CuU and common 4.00® 6.50 —Calves—-(2so-300) Good and choice 6.50® 9.50 Common and medium 4.00® 6.50 STOCKER AND FEEDER STEERS Good and choice $ 6.25® 8.50 Common and medium 4.00® 6.25 (800-1,500) Good and choice 6.25® 8.50 Common gnd medium ........ 4.60® 6.25 SHEEP AND LAMBS Receipts. 1,000; market, lower. Good and choice $ 7.00® 7.75 Common and medium 5.00® 7.00 —Ewes— Medium and choice 2.50® 3.75 Cull and common I.oo® 2.50 Other Livestock By United Press CHICAGO. Dee. 11 .—Hogs—Receipts. 55.000, Including 14.000 direct; opened 15c to mostly 25c lower; packing sows, 25®50c off: top $8 for choice 140-180 lb. weights; bulk. 180-280 lb. weights, $7.70®7.85; pigs. $7.75@8; packing sows, $6.60@7; light lights. 140-160 lbs., good and choice. $7 75® 8: light weight, 160-200 lbs., good and choice. $7.50®8; medium weights, 300-250 lbs., good and choice. [email protected]; heavy weights 250-350 lbs., good and choice. $7.65 ®7.80; packing sows. 275-500 lbs., medium and choice. [email protected]; slaughter pigs, 100130 lbs., good and choice, $7.60@8. Cattle Receipts. 7.000: calves. 2,000; choice steers and yearlings, active and steady to strong; others slow at week’s . sharp decline; butcher stock and bulls about steady; vealers tending lower; 912 lbs. specialty yearlings, $14.50; taking $7 50®8.50 in light vealers; slaughter cattle and vealers. steers 600-900 lbs., good and choice. slo® 14; 9001.100 lbs., good and choice. [email protected]; 1,100-1,300 lbs., good and choice. $9.50® 13.50: 1,300-1.500 lbs., good and choice, $9.25@13; 600-1.300 lbs., common and medium. $6.5069.75; heifers, 550-850 lbs., good and choice. $8.75® 12.50; common and medium. $569; cows, good and choice. $5.25® 7 50; common and medium, $405.25; low cutter and cutter. >304: bulls yearlings excluded, good and choice beef. [email protected]; cutter to medium, $4.2566; vealers milk fed, good and choice. $7.75610.50; medium. $6.50@8: cull and common. $506.50; Stocker and feeder cattle: steers. 500-1,050 lbs., good and choice. s7®9; common and medium. $5.5067. Sheep—Receipts, 19,000; early market weak to 25c lower; decline on fat lambs, bulk Rood to choice scaling 90 lbs. and down. $7.50 6 7.75; few $8; native bucks. $6.50@7: fat ewes mostly. $36 3.25: slaughter sheep and lambs, lambs 90 lbs. down good and choice. $7.2568.10; medium. $5 5067.25; all weights common, [email protected]: ewes. 90-150 lbs., medium to choice, $263.75; all weights, cull and common. $102.50; feeding lambs, 50-75 lbs. good and choice, $6.75 6 7.60. By United Press PITTSBURGH. Dec. ll.—Hogs—Receipts. 2.000; holdovers, 600; market, slow; mostly 15c lower; sows. 25c lower; top, $8.50; 150220 lbs., $8.45; 230-280 lbs.. $8.25 6 8.40: medium to good sows, $6.50@7. Cattle— Receipts. 75; market slow; bidding lower on steers and heifers. Calves—Receipts, 175: market, slow, about steady; apod and choice vealers, slo® 12. Sheep—Receipts. 1,300; market, slow; fat lambs around 50c lower; choice handywelghts, SB. By United Press EAST ST. LOUIS. 111.. Dec. 11.—Hogs— Receipts, 17 000; market, 15@20c lower; pigs and sows. 25c off; top, $8.05; bulk. 140-250 lbs.. $8: some bids. $7.90; 100-130 lbs., $7 67.75; sows. $6.75 @7. Cattle—Receipts, 2,500; calves, 1,300; market steers, slow, no early sales; low undertone on mixed yearllnjs and heifers; vealers 25c lower at $11; other classes steady. SheepReceipts, 2,500; market, no early sales; packers talking 25®50c lower or mostly $7.75 down. By United Press EAST BUFFALO. N. Y.. Dec. 11.—Hogs— Receipts. 2,800: holdovers. 400: market, slow, shippers inactive, generally 406 50c lower: bulk desirable 130-200 lbs.. $8.25® 8.35: few 130-140 lbs.. $8.40; 230-250 lbs., $8.25; 260-300 lbs., largely $8; packing sowws quoted. $6.50 67. Cattle—Receipts, 2.000: vealers. 50c lower; good to choice. $11.50612: common and mediums. $6,506 9. Sheep—Receipts. 1,000; lambs draggv. fully 25c lower: good to choice. $8.25® 8.50: medium kinds and strong weights, [email protected]: throwouts. $6.50. By United Press CLEVELAND. 0.. Dec. 11.—Hogs—Receipts. 2.100: holdover, 118: mostly 25c lower; stags, steady; pigs to 275-lb. weights. $8.25; rough sows, $6.75; stags, $5. Cattle—Receipts. 350: medium to good, steers, eligible to $10.50611.25: fully steady, but common. $6.5068.50 kind, dull to weak: cows and bulls. 25c or more lower: low cutter to medium cows. $2.5005:' selling low cuters as low as $2; sausage bulls. $4.50® 5.75. Calves—Receipts, 450: vealers. weak to 50c lower; bulk better grade, [email protected]: common to medium kind. $8610.50 mostly. Sheep—Receipts. 2.200: lambs. 250: spots. 50c lower: good to choice. $868.25; packages outstanding quality. $8.50: most throwouts, [email protected]; heavies. $6.50@7: sheep, weak. By United Press , PT. WAYNE. Ind.. Dec. 11.—Hogs— Market. 25 6 30c lower: 100-140 lbs.. $7.75: 140-1.60 lbs.. $7.85: 160-200 lbs.. $7.90 : 200250 lbs.. 57.80: 250-300 !bs.. $7.70: 300-350 lbs.. $7.5: roughs. $6.50; stags, $5; calves, $11; lambs. $7.50. By Times Special LOUISVILLE. Ky„ Dec. 11.—Hogs—Receipts. 900; market. 15c lower; 325 lbs. up $7.50: 175-325 lbs., $8.10; 130-175 lbs.. $7.70; . 130 lbs. down. $7; roughs. $6.35; stags. $5.35. Cattle—Receipts. 200; market, bulls. 25c lower; others steady; prime heavy steers. $8.50® 10.50; heavy stopping steers, $7.25 6 8.50; medium and plain steers. $66 7.25; fat heifers. $4.506 9.50; good to choice cows. [email protected]; medium to good cows. $3.50@4; cutters $303.50; canners. $262.75; bulls. $3.50®5; feeders. $667.50; stockers. *4@7. Calves—Receipts. 100; market, steady; good to choice, $7 @9; mediums, $566.50; common to medium. $3 @5. Sheep—Receipts 50: market, steady; ewe and wether lambs $7.50: buck lambs, $6.50; seconds $464.50: clipped sheep, s2®3. Wednesday’s shipments— Cattle, 61; calves, 108;Tiogs. none; sheep, none.

BELIEVE IT or NOT

fife T,SNOT IMußF'ds. AIRWANE MOTOR Ml -It i stK/j propellers that cause iBHlrF’ Wf I / i ' AM 8-LKGEO Horse' . ,\ * -} reKRs--- ~-r Owned the f&jdVetevmwy Gbll^g© • IMS Kta# Pstn. Syndicate. Ins. Grew SHUto naM. mend' " K,NCS Oto2S> lfi*iPOH

The City in Brief

Withdrawal of Frank King, attorney, \from the firm of Newberger, Simon, Davis and King, attorneys, which was formed last July has been announced. The firm will be known as Newberger, Simon & Davis. Although no longer affiliated with the firm, King will continue to have office space with it. Complaints on notes asking $15,000 and $6,000, respectively, were filed Wednesday in federal court here by the Burns Mortgage Company against J. L. Sailors, Kokomo, and Wilbur N. Waters, Newcastle. Falling eight feet down an elevator shaft in a building at 108 South Capitol avenue late Wednesday, Charles O’Brien, 63, of 323 North Rural street, suffered minor injuries. Police were informed that O’Brien opened the door leading to the shaft and stepped in. He fell to the base of the shaft. Albert Spurgion, 50, 1524 West Washington street, suffered a broken left arm when he fell downstairs Wednesday night. Organization of a Boy Scout troop will be undertaken at a meeting at 7:30 tonight in the Christian Park Community house, under auspices of the Women’s Club of Christian park. F. O. Belzer, scout executive, will preside. Scouts will give a program of entertainment. Plans to hold an Indiana conference on child health, along lines laid down by the recent White House conference, were discussed at a meeting of a committe under Dr. William F. King, state health director, with Governor Harry G. Leslie Wednesday. Three thousand Hoosiers will be invited to the conference in Indianapolis, Jan. 15 to 17. Dr. Oliver Kamm, director of research for Parke, Davis & Cos. of Detroit, will address the Indiana section of the American Chemical Society at the Chamber of Commerce Friday night. The Rainbow Division Veterans’ Association, Marion County chapter, will hold a special Christmas dinner and meeting at the Hotel Antlers at 6:30 Friday night. Scout executives considered the 1931 program for Indianapolis vicinity at luncheon at the Chamber of Commerce today. Edward A. Kahn, president of the council, presided. Vacant stores windows on Massachusetts avenue are soon to be filled with displays. The neighborhood merchants’ association is cooperating. A meeting of the Converts’ League of the Catholic Daughters of America will be held tonight at 8 at the Catholic Community Center, 1004 North Pennsylvania street. The Rev. Elmer Ritter, S. T. D., rector -of SS. Peter and Paul cathedral, will speak. There will be a brief entertainment program. B. R. Mull, advertising staff member of Eli Lilly & Cos., will speak tonight at the Indiana university center before the class in publicity methods. Turn of modern business to modern market research and advertising to reach consumers was advocated by Edward H. Gardner, Chicago, to the Advertising Club of Indianapolis at the Columbia Club at luncheon today, in an address on “What Makes Advertising Pay?” Police were asked today by Mrs. Luther McHargue of Cincinnati, to try to locate her mother, Mrs. Hattie McClane, believed to be living in Indianapolis. Mrs. McClane left her daughter in a Cincinnati orphanage twenty-one years agoWalter Wilson, Gary, was named by State Police Chief Grover X?. Garrett today as a lieutenant on the force. Frank Youngblood, Veedersburg, and Donald M. Franklin, Spencer, were made patrolmen. William H. Brown was elected president of the Riverside Demor

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

cratic Club at Its monthly meeting, Eighteenth and Harding streets, Wednesday night. Mrs. Fern Hendershott was named vice-president; Mrs. Charles Rittenaour, secretary; Mrs. Hal Farr, corresponding secretary, and Harry Schopp, publicity director. Mrs. George Stone is ser-geant-at-arms. Forty Indiana beekeepers attended the opening session of the annual convention of the Indiana State Beekeepers’ Association in the house of representatives today. FRUIT STAND IS MOVED Vegetable Seller Says Removal Has Been Made From City Property. Announcement that he has removed his vegetable and fruit stand from city property in front of 3412 West Washington street, wase made today by J. Lieske. Lieske was directed to move the stand by Ernest Frick, works board secretary, after an investigation subsequent to complaints by neighbors in what threatened to be a neighborhood battle. Births Boys Joseph and Pauline Hooks. 2215 North Dearborn. Joh nand Cecelia Steeb, 906 West New York. Louis and Grace Rice, 1501 East Raymond Vance and Harlrett Smith, Methodist hospital. Grover and Goldie Smith. Methodist hospital. Antonio and Rose Crea, Christian hospital. Charles and Dortha Cavender, Coleman hospital. Luther and Helen Derrett, Coleman hospital. Elliott and Falrv Leonard, Coleman hospital. Merle and Mary Mlnnick, Coleman hospital. Harry and Stella Pruitt, coleman hospital. Lawrence and Margaret Wyand, Coleman hospital. Clarence and Mary McMillan, 1425 Hiatt. Earnest an dCora Bovles. 1249 Bridge Raymond and Florence Cassady. Methodist hospital. Horace and Edith Treas, Methodist hospital. Raymond and Gladys Wright, Methodist hospital. Robert and Irma Klnneman, Methodist hospital. Ora and Emily Pemberton, Methodist hospital. Philander and Florence Lewis, Methodist hospital. Sam and Hazel McConnell, Methodist hospital Louis and Ida Lohse. Methodist hospital. Girls Benjamin and Clara Hudson, 402 Centennial. Joe and Lillian Harris 412% West Fifteenth. Evin and Mary Sawyer, 1821 Madison. James and Maggie Scott. 1638 Ashbury. George and Mary Speece, 3817 East Thirty-fourth. Emanuel and Alta Farley, Methodist hospital. George and Thelma Kelfer, Methodist hospital. James and Evelyn WeUs, Methodist hospital. Lawrence and Jessie Cameron, Methodist hospital. Garris and Madge Molden, Methodist hospital. Harold and Geneva Edwards, 2409 Union. Leslie and Hazel Fine, Coleman hospital. Clyde and Laura Freeman, Coleman hosiptal. Joe and Amelia Goohman Coleman hospital, William and Dorothy Hague, Coleman hospital. Marmin and Carire Mendel, Coleman hospital. Deaths James T. Eicher, 77. Irvington sanitarium, chronic myocarditis. Ernest West, 36, city hospital, lobar pneumonia. Newton W. Alexander. 84, Methodist hospital broncho pneumonia. Crystal Jordan. 26. city hospital, cerebrospinal menlgltis. Edward Talbot Walford, 28, Christian hospital, appendicitis. Louis A. Riley, 7 months, Riley hospital, pharyngeal abscess. Helen Herbertz, 30, city hospital. Influenzal pneumonia. Sarah Belle- Neal. 43, 1837 North New Jersey, chronic mvocardltis. Robert James Akers, 6 months, 2407 Massachusetts, broncho pneumonia.

Local Wagon Wheat

City (Train elevators are paying 74c for No. 1 red wheat and 68c for No. 1 hard wheat RAW SUGAR PRICES • —Dec. 10— Hizh. Low. Close. January . 1.34 1.33 1.33 March 1 44 1.43 1.43 May.. .";.... 1.53 1.51 1.51 July 1.59 1.57 1.5* September ISS 1.64 1.64 December 1.33 1.30 1.30 Public Censure for 'Neckers' By United Prat BIG RAPIDS, Mich;, Dec. 11. Public censure at assemblies of the student body will be punishment for co-eds caught “necking” at Perris institute here, according to drastic rules laid down by President Wells White.

l-i v Registered O. 8. JL9 J Patent Office RIPLEY

Following is the explanation of Ripley’s “Believe It or Not,” which appeared in Wednesday’s Times: Water Cooled to 41 Degrees Below Freezing Without Solidifying —ln 1724 Fahrenheit made an experiment with ordinary water containing no chemicals and found that by keeping the water absolutely still, he could cool it to 9 degrees below zero (Fehrenheit) and it wolud not turn to ice. It remained in a liquid state until shaken, when it froze rapidly. Reference; “Metallo g r a p h y Notes,” by Dr. W. E. Barlow. James Gethy, the Golf Professional Who Never Owned a Club— Gethy’s first experience on the links was when he was made golf Instructor at a summer camp near Korteskill, N. Y., in 1916, at which time he used borrowed clubs. Though he now is a professional golfer, he never has purchased a club, and has been careful never to get engaged in a nine or eight-een-hole game. Gethy’s home is the Hotel Calvin, San Francisco. Friday—“ The Sign of the Times.” RAIL LINEJN BLOCK C. & A. Will Be Sold by Autction Today. By United Press WILMINGTON, 111., Dec. 11.— The $125,000,000 Chicago <fe Alton railroad, like a heavily mortgaged bungalow, was offered today for sale at auction. Anybody with the necessary cash —probably $80,000,000 or $90,000,000 —ls eligible as a purchaser. Railroad men predicted that the line, with its fine trains and 1,100 miles of track, would be “knocked down” to the Baltimore & Ohio railway. The B. &' 0., which already owns a controlling interest, was expected to make the highest bid in order to extend its system from Chicago to St. Louis and Kansas City. The history of the Chicago & Alton dates back to the time of Abraham Lincoln, who acted as the road’s attorney. After his assassination his body was carried on a C. & A. train to his burial place- at Springfield, 111. Wilmington, a small country town, Is the central point on the Chicago & Alton, and the sale was held here for that reason. REPORT IDENTIFICATION OF FRANKFORT BANDIT Mrn Is Thought to Have Helped in $140,000 Bank Robbery. By Times Special * MARION, Ind., Dec. 11—Reports were current here today that Joe White, Gas City bank bandit, has been identified from a picture as one of the men who robbed the Farmers bank at Frankfort recently, in which the loot was supposed to have been $67,500, but which now is‘said to have been $140,000. The story of identification of White and the amount of loot In the Frankfort holdup came from an apparently authoritative source, having been given by a representative of a nationally known detective agency. BANK ROBBER SUSPECT CAPTURED ON FARM Newcastle Man Charged With Taking Part in North Salem Raid. By United Press NEWCASTLE, Ind., Dec. 11.—A suspect in the North Salem bank robbery several weeks ago was captured near Newcastle, it was learned today. He is Hugo Lynch, alias Hugo Humes, Newcastle, who has been identified by five persons as a participant in the robbery, according to his captors, Chauncey Manning, of the state bureau of criminal identification and investigation, and the Pike county sheriff. He was taken while visiting on his grandfather’s farm near Velpen, Pike county.

.DEC. 11,

WEAK FOREIGN * CABLES FORCE FUTURES DOWN Pressure From Winnipeg and Argentina Weakens Liverpool. By United Press CHICAGO, Dec. 11.—Weak foreign cables gave July wheat a lower opening on the Board of Trade today, but the old crop months wer© again supported by the stabilization operations and eased but a minor fraction. Liverpool sold off In sympathy with Winnipeg and on pressure from Argentine and better weather in Australia. Buenos Aires also was weak. Corn sold off with wheat and was sharply lower. Oats follow’ed corn at a distance. Weakness in the stock market had a slight effect. AD Options Off At the opening, July wheat was %c lower with the old crop months unchanged to %c lower; com was Vs to Tic lower and oats were % to VtC lower. Provisions were weak. Liverpool was sharply lower than expected, standing 1% to l%c lower at mid-afternoon. Buenos Aires fell lli to ITic down just before noon. Advances in wheat continue to bring out offerings which are for the most part too heavy to be readily absorbed. The advance Wednesday was based on the report that the farm board had raised the pegged price in the northwest. July becomes the flash month today and moves to the edge of the pit. Sentiment Divided Sentiment in corn is divided. Transactions are nearly double those* in the wheat pit. Many traders feel that with a broader interest prices are likely to advance materially as soon as the movement is over. Normally, this is the period of heavy movement, but except at Missouri river points this has ndt been true, probably because of the short crop. Oats weakened with corn Wednesday and closed weak. Supplies continue to move out, 160,000 bushels being shipped by boat to Georgian bay. This probably will be the last water movement, but the movement by rail is expected to continue. Chicago Grain Table V-Dec. 11WHEAT (old) Prev. High. Low. 11:00. Close. Dec .77% .77 .77% .77% Mar 79% .79% .79% .79% May 81% .81 .81% .81 % July 72% .72% -.72% .73% CORN (old) Dec 72 .71% .72 .73 % Mar 75% .74% .75% .75% May 77% .76% .77 .77% . July 78% .77% .78% .78% OATS (old) Dec 34% .34% .34% .34% Mar 35% .35% .35% .35% May 35% .36% .36% .37 July ... .35% .36 RYE (old) Dec 47% .47 .47% .47% Mar 47'A ... .47% .48 May 48% .47% .48U .48 LARD— Pec 9.65 9.75 May 9.35 9.32 9.32 9.40 B.y Times Special CHICAGO. Dec. 11.—Oarlots: Wheat. 34; com, 132; oats. 27: rye. 0. and barley, 11. Other Livestock >- By United Press CINCINNATI. 0.. Dec. 11.—Hogs—Receipts, 4.360; including 1,460 direct; holdover. 200; slow, mostly 30c lower on better grade 160-230 ' lb. averages at $8.35; weighty kinds off more In spots; 340-250 lb. averages around $8.25. with 270-280 lbs., $8; light lights mostly 25c lower; 120-150 lbs., largely $8; sows, 25c or more lower at $6.50 to mostly $6.75. Cattle— Receipts, 250; holdovers 130; calves, 200; generallv steady, very few steers or heifers moving; odd lots of lower grades. $6 @7.75; sprinkling of more desirable yearlings upward to $10; cows, fairly active, most beef grades $4.506 5.75; bulk low cutters and cutters, $364; bulls largely $5.50 down; vealers slow steady, after early 50c advance on choice kinds; good to choice, $9.50@11; few early $11.50: lower grades mostly $9 down. SheepReceipts, 200; slow, steady to weak; better grade light and handy weight lambs. $8 @8.50; 100 lb. averages downward to $6; common and medium grades largely sß® 7, fat ewes quotable s2@3. By United Press TOLEDO, 0., Dec. 11.—Hogs—Receipts. 200; market. 25c lower; heavies. $7.50® 7.75; mediums. $7.85 68; Yorkers. $7.75 08; pigs, $7.75@8. Cattle—Receipts, 100; market, slow. Calves—Receipts, light. Sheep —Receipts, light; market slow, 25r< 50c lower. k Legal Notices NOTICE TO TAXPAYERS OF INTENTION TO TRANSFER FUNDS. WHEREAS. the estimated accounts needed for the last six months In 1930 for certain items were underestimated ' and the amounts appropriated are not sufficient to meet the demands: AND. WHEREAS, bv transfer from funds previously acquired through a reduction of estimate In the needs of various appropriations, the needs may be met: THEREFORE, be it resolved that the Business Director be and Is hereby or dered and directed t 6 cause transfer to be made as follows. In conformity with the provisions of "An Act Approved March 7th. 1927. pairs 247’’: TUITION FUND- SBOO.OO from appropriation account No. 21305 to appropriation accounts Nos. 21405 and 21905. Hearing relative' to the foregoing transfer will be held at the office of the Board of School Commissioners, 150 North Meridian street. Indianapolis. Indiana, at, 12:00 o'clock noon. Monday. December 32. 1930. BOARD OF SCHOOL COMMISSIONERS OF THE CITY OF INDIANAPOLIS. Bv A. B. GOOD, Business Director. Indianapolis. Indiana. December 11. 1930. NOTICE TO TAXPAYERS. Notice Is hereby given to taxpayer* of the City of Indianapolis that the Common Council of the City of Indianapolis now has pending before it Appropriation Ordinance No. 21, 1930. which proposes to appropriate the sum of One Thousand Seventy-eight Dollars and Ninety-four Cents ($1,078.94) from the unexpended cash balance in the Oeneral Fund January 1. 1930. and transferring and allocating the same to certain numbered funds In the different executive departments in said City as follows, to-wit; Fund Department. Number. Amount. Mayor 21 1.50 City Clerk 24 10.68 City Controller 24 35.50 Legal 72 15.00 Board of Public WorksAdministration 26 126.00 Public Buildings 38 38.98 Municipal Garage .< 33-2 48.78 Municipal Garage I 35 31.80 Municipal Garage 45 7.36 City Civil Engineer 39 4.90 City Civil Engineer 45 27.00 Board of Public Safety .. 35 8.10 Board of Public Safety .. 36 20 95 Board of Public Safety... 72 81 30 Building Department .... 36 31.85 Dog Pound 36 .45 Gamewell 45-1 1.29 Gamewell 44 34.26 Gamewell 25 34.00 Fire Department 34 2.25 Fire Department 41-4 25.04 Fire Department 45-2 151.10 Fire Department 72-1 181.80 Police Department 21 16.05 Police Department 33 21.36 Police Department 72 110.00 Weights and Measures ... 33 24.1© Weights and Measures ... 45 169 The above described ordinance Is duo to come up for passage at the next regu. lar meeting of tne Council to be held on the 15th day of December, 1930, at 7:30 p. m. After said appropriation has been determined. any ten or more taxpayers feeling themselves aggrieved may appeal to the State Board of Tax Commissioner! for further and final action thereon by filing of petition therefor with the Marlon County Auditor not later than ten days after said additional appropriation has been made by said Common Council and the State Board of Tax Commissioners will fix a date for hearing In this County. Witness my hand and the seal of the City of Indianapolis this 2nd day of December, 1930. HENRY O. OOETT. TBEAL.I City Clerk.