Indianapolis Times, Volume 42, Number 191, Indianapolis, Marion County, 19 December 1930 — Page 24

PAGE 24

UPTURN IN RAIL SHARES BOOSTS STOCKJARKET United States Steel Selis Up to 140: Others Follow Lead.

Average Stook Prices

Average of thirty industrials for Thurswas 166.71. up 1.11. Average of ' venty rails was 95.86. up 2.09. Average f twenty utilises was 58 66. up .85 Average of forty bonds was 93.27, up .44. Uy United Press NEW YORK. Dec. 10.—A steady ise in the railroad shares on top of their recovery of Thursday insp.red confidence in other sections of the : tock market list today and prices ebounded after an early period of decline due to profit-taking. Rails moved up 1 to 5 points, ■•hile industrials gained fractions to 4 points. Utilities and oils were barely steady. Amusements held fractionally above the previous close. Best gains in the rails were made by Texas & Pacific at 90, up 5; Union Pacific 176, up 4; Baltimore & Ohio 67%, up 2Vi ; Missouri Paific 28%, up 214; New York Central 117%, up 3; Missouri Pacific preferred 87%, up 3% and Atchison 179, up 2. United States Steel which touched 138*4 in the early dealings came back to above 140, against a previous close of 139%. Vanadium rose to 55%, up 2% and other steels ruled firm. American Can, General Electric and Westinghouse Electric made small gains. Auburn Auto and American Telephone and Telegraph, both selling ex-dividend, 'made up their dividends in the esly trading. Auburn advanced 4 points more. Air reduction was up 2 points at 100% in its group. „ Around noon some additional profit-taking was coming into the list. Prices gave ground fractionally from their day’s highs, but good resistance was shown to the pressure. Trading declined in volume. There was little in the news to affect the market. Sentiment was aelped somewhat by the decline in brokerage loans which brought the otal down $91,000,000 for the week anded Wednesday, the twelfth suc:essive decline, the aggregate of tvhich reduced the total by more han a billion dollars.

Bank Clearings

INDIANAPOLIS STATEMENT —Friday. Dec. 19— Clearings $2,795.090 00 Debits 6,310,000/0 NEW YORK STATEMENT —Dec. 19— Clearings $1,154,000,000 o r Balance 111,000.000/9 Fdl Rer Bnk. Cr. Bal 80.909.000.'/• TREASURY* STATEMENT —Dec. 19Net balance for Dec. 17 .. $351,372.832.61 Expenditures 23.667.845/2 Customs rects. month to date 18.921.975.2! CHICAGO STATEMENT Clearings ’. $77,500,009.00 Balances 5.500.000.00

New York Curb Market

fßv Tnomson & McKinnon) —Dec. 19— 11:30 11:30 Am Com Pwr A 11 t 'b Midwest Ut... 17>4 4m Gas &■ El. Sl'. Mo Kan Pipe . 5 ! 4 Am IX & Tr... 41V, Nat Av 4'4 Ark Gas 5Vi Nat Inv 4‘4 Avis of Am. If”-: Newni Min.. . 43 Brazil p & l. 21 : -s Nia Hud Pwr... Can Marc 2 ! s Pantepec .... lVi Cities Ssrv. 15“-. Penroad 6 Ccrd s~>. Prin A- Whtlv... Durant Met. I 1 ; scl Indus 2> . Elec 3cnd C-h. 42'V Shenandoah 4 Ford of Can 21 ! $ s:i of Ir.d 32 5 i Ford of Eng... I3 = . Std cf Kv . 19 3 ', Fox Theater -Pi stutz It-, Hudson Br.v .. 4 Trans Air Tr. 3 7 * Humble Oii ... 02 !Un Gas mew), i-i ind Pipe 16 :Un Lt & Pwr.. 23 ' Insuil Ut 30 1 b ut in Ind 5 7 a Ipt Super 20 7 g Ut Pwr 9Vi let Tete 13Vi Vacuum Oil 52Va

Investment Trust Shares

(Bv R. H. Gibson & Cos.) PRICES ARE ~TO 12 NOON C. S. T. . Bid. Ask. Amer Founder's Corp com... 3 5 s 4 - Am & Gen Sec A ... 14 ! * 15'i Am Inv Trust Shares 5> 2 6 Easic Industry Shares 5 3 6‘i Corporate Trust Shores 5 3 i 6'Diversified Trustee Shares A.. 15 5 s 16 3 s First American Corp 7> 2 8 Fixed Trust Oil Shares 5 3 s j-, Fixed Trust Shares A 15 • Inv Trust NY 6% 7 ? 2 Leaders of Industry series A. 7 7 a Nation Wide Securities . 6 1 * 6-i National Industry Shares.. 6 6 ! 2 N Am Trust. Shares . 6’i e-N cel Am Shar'.s 5 A * s'a Shawmut Bank Inv Trust. 7 9 Universal Trust . 6 ! S 7 S W Strauss Inv Units 54 Super Corp of Am Tr Sh A 6 3 7’i Trustee Std Oil A.. 6>, ... Tri>ste'> std Oil B 6 3 i 6=' U S Elec Light & Pwr A . 27'i 29 3 4

Net Changes

By United Press NEW YORK. Dec. 18.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. Off. American Can .. lU* ... American Smelting 41’-* . . 2'i American Telephone 180 3 i l- ... Atchison 177 31-8 ... \Allburn 112 13 Be*h!ehem 53' 4 ... , 3 Case 100 6' 4 ... Consolidated Gas 84', 2'- s ... Fox Film A 23* l' ... Genera! Electric ' General Motors unchanged ?4 International Riekti 14],4 '- s ... international Telephone . 23 ! 3 S ... Loews In: 40 ! \ ... Montgomery Ward 1814 ’a ... ■ V Central 114 j 3’, ... Fack&td ................... 8 3 4 l a ... Pennsylvania fO’, 3. ... Pad" o Ij-j . > ... Radio-Keith 16=2 <5 ... Sinclair 10 1 2 ... Standard Oil N J 46G ’ ... rransamerica 13 s * ... > Union Carbide 57 >4 ... United Corporation 167a ** ... U S Steel 139*, • V Vanadium 52*4 I l * ... Westinghouse Electric 94* ...

New York Bank Stocks

tßv Thomson <fc McKinnon) —Dec. 18— Bid. Ask. America 60 63 s * Bank of United States 1H 34 Bankers ’.os>a 108'2 Brooklyn Trust 478 485 Central Hanover 232 227 Chase National 37’ a 90>4 Chatham Phoenix Natl ... T 2 73 Chemical 45 ! 4 48'i Citv National Pi 1 * Pi 1 * Corn Exchange 143 11" Commercial 355 270 Continental 17 20 Empire 47 50 First National 3.500 3.700 Guaranty 437 443 Irving 3314 34 s .* Manhattan <5; Cos 80 S3 Manufacturers 32V* 34 ti New York Truat 145 150 Public 56 59 Chelsea 8 12

Local Wagon Wheat

Cltv grain elevators are paving 74c for No. 1 red wheat and 68c for No. 1 hard wheat NEW YORK COFFEE RANGE —Dec. 18High. Lew. Close March TANARUS 5.97 598 May 5 80 5.77 6.78 : July 5 65 ... 5.65 September 5.59 5 55 5 55 Depemoer 6 63 6.74 6 75 1 '. . f

New York Stocks

-Dec. 19- prer Railroad*.— High Low. 11 30. clpte. Atchison 1/6% 176 176 UAtl Coast Line : Balt As Ohio ... 66V, 65% 66% 6o I Ches* As Ohio.. 39% 37% 38% 38 * : Chita Corp ... 39 38 % 38% 38* Chi Grt West 6% 5H i Chi N West 3a % DelV* W..:: 82 81 61 80% Del As Hudson.. ••• 13®,, i Erie Ist pfd |l% I Great Northern Illinois Central - $ 61 * "‘.* ! Lou & Nash 91 91. ! Minn S I* ... -• ••• ~N Mo .. . . 27 26 % 27 2C - O Y P Sra! W ::.Ii% ii3% IIU 114% Nicicel Plate *?% Nor pacific ... 47>/ 46% 4i% 4iNorfolk & West. 194 192 194 i?O% Pennsylvania .. 56 3 4 oGS M 34 s?*Sc 92% 'M lt u pui n .s% & -$% D % St Paul pfd 9% 9>* 9% 9 ; St L <fc S F ' Texas & Pac .... 'Union Pacific i Wabash • ■ , •• • }3~a W Marvanld. .. 12** 115* 12’* 1/ i West Pacific 9% 9 ' Equipments— .... |Am Car A: Fdv.. .. .. 29% 29, Am Locomotive 21*4 21 * Am Steel Fd... .. • • ••, fs Am Air Brake S , . j|.*'* |3-<. Gen Am Tank.. ... ... 5?-. £9 General Elec.. 45% 44% 45% • -., | Gen Rv Signal ’ Lima Loco • -■ ■ N.Y Air Brake ... r Press Stl Car . ■. • .3% I Pullman . ...... 62% 82% -2% 5* * Westlnyh Ar B 32% 32% 32% o2;y j Westing!; Elec.. 96% 94% 96*4 Si a I Rubbers— , c . i Firestone ■ “•* .. ... 7 2 ! Goodrich ■ J 7% 17% Goodyear 47*/* 47 47 47 i Kelly Snrgfid 1% J.f I Lee Rubber .. ■ • i U S Rumbber . 13% 13 13*2 13 * i Motors— _ i Auburn 113% 196'/* 113 112 I Chrysler 16*/a 13% 16-. 16 Gardner ~ ... * 1 ; Graham Paige. 3% 3% 3*4 3 1 General Motors 34% 33% 34% 34 Hudson 22*4 22*. 22% 22;s ! Hupp 8% 8 8% 8% Mack 36% 36 36% 38; ? Marmon $% -,? Nash 24 23% i4 2- •( Packard 8% . 8% 8% 3: Studebaker .... 2i% 21 21% 22 Yellow; Truck.. 10 9% 10 10 Motor Access— Am Bosch - 1- 4 Bendix Aviation 165* .. ; Bore Warner .. 18 17% 18 J*.. Briags 16% 16 16% 1 Budd Wheel 9*4 ;a Eaton - lj;,t !El Storage B A•• - , *•’■.* Hayes Body 3% I Honda 4 * ! Motor Wheel 14 a Sparks W 8 s % 9 Stewart Warner 16% 16% 16V* 16% Timkin Roll .. . 43 42% 43 43 % Mining— Am Metals .... 17% 17 17 17 Am Smelt 42% 49% 12% 41% Am Zinc .. ... 3 Anaconda Cop.. E 7 26 26% 26 Cal A: Hecla.... 8 7% 8 7% Cal A; Ariz 33 Cerro de Pasco. 23% 23*4 23*/* 23 ■* Dome Mines . . B*4 8% Freeport Texas.. 30% 30*4 30% 30% Granby Corp ll'/s Great Nor Ore 18 Kovve Sound 22% let Nickel . .. 14% 14*4 14% 14 * Inspiration .... 7% 7*4 7*4 7% Kennecott Coo.. 22 21V* 21% 21% Magma Cop 20 Miami Copper 7% 7 Nev Cons 9% 9% 9% 9% Texas Gul Sul.. 45% 45% 45% 45% U S Smelt 20 20 Oils— I Amerada ... ... 18 : Am Republic 7 7 : At! Refining 18 17% 18 18 i Barnsdall 10% 10 i Eeaeon 9% 10 1 Houston 7% 7% i Indian Refining 3 s * 3% 3% 3% ! Mex Sbd 11% 11% 11% 12'% I Mid Conti 13% 13 I Phillips 15% 13V* 13% 13% Pr Oil & Gas ... 13% 13% i Pure Oil 9V* 9 9 8% . Richfield 5% 5 5 6% ; royal Dutch . . 38% 38% 38*/* 38 7 /-. Shell Un TVs 7*4 E mms Ft 6% TVs Sinclair 10% 10% 10% 10% Skeily . 10% 11 . Standard of Cal 45% .. 45% 45% Standard of N T 47% 4j% .■:*„ Standard of N Y 21% 21% 21% 21% Texas Cos 31 30% 30% 31% Union Oil 23 23% Steels— Am Roll Mills 32% 32% Bethlehem 53% 52*4 53% 53% i Byers AM... 39 38% 39 38% , Colo Fuel ... 22 % ; Cruc Steel 53 % ! Inland CO Vs Ludlum 11 11 Midland 21% Newton 12% ... i Repub I & S.. 13% 13 13 13% i U S Steel 139% l?.8% 139% 139% 'Vanadium .... 53% 52% 55% 52% ! Younest S Ji W . ... 21 21 | Tobaccos—|Am Sumatra 7% ... !Am Tob (’A! new 103% 103 103*/* 103% !Am Tob <Bi nw 105V* 104% 105% 105% i Con Cigars 26 27 General Cigar 31% 32 ! T ig * Myers B. 31% 31*/* si% 81% 1 Lerillard 11% 10% 11% K% i Phil Morris.... 9 i Rr-pelds Tob. . 41% 41% 41% 42% Std Com T0b.... ... 2% A .. in% ITo Pr E . 2*s 2 j Cig 4% 1 7 . titles—- . AMtibt . . p Adams Exp . . .. 16=3 16*s 16*3 ls ’s 'Am For Fwr... 30 T j 29’i 20% 30 'Am Fwr &• Ei. 41 40% 40 5 s 40% ' A T & T 180 178 179% IROSJ Go! Gas & El. . 33% 33% 33% 33% Ccm & Sou 8% 8% 3% BVa :El Fwr <fc Li.. 39% 38% 39% 39 ] Gen Gas A 4% 4% j Inti TANARUS& T 22% 21% 22% 23% ; Natl Put & Lt.. 33% 33 33% 34% !No Araer Cos 6.4 63 % 63% 63% | Pac Gas 6; E 1... 45% 45% 45% 45 Bub Serv N J 70% * 70Vi 70% 71 ; So Cal Edison 43% 43% ! Std G& E! 59% 59 59% 59% United Corp 16% 16% 16% 16% UtPwr&LA.. 21% 21% 21V* 21% I West Unon ....128 126 126 130 Sbipo'ng— Am rttl Corp .. 18% 18% ! Am Ship & Com % ! Int! Mer M pfd .. ' ie% j United Fruit.. ... 54% Am Sugar . 44V, j Armour A 3% 3% 3% 3*i 1 Peecnnut Pkg. 49 " ' Ca! Fkg 45 Gan Dry 34% 337* 33 tj 34 I Childs Cos 25% 25% 25% 25'’.

Produce Markets

. Eazs (Country Run' —Loss off oeliveito tn Indianapolis. 20c: lienerv duality No. 1 2ac: No 28. 15c. PoiiltTV Suvine Prices' Hens welsh ins 5 lbs. or over. 17c: under 5 lbs.. 15c: Leghorn hens, 11c; springers. 5 lbs., or over. 16c: or under 5 lbs.. 15c:' ducks, springers. 11c: old cocks. 9@Uc: ducks full feather fat white. 11c: geese. 11c. These prices are for No 1 too ouaiitv Quoted bv Kinean & Cos Butter (wholesale)—No. 1. Sl®32c; No. 2. 30®31c. Buttsrfat—27c. Cheese (wholesale selling once per pound i-American loaf. 31c: pimento ioai 32cc: Wisconsin firsts 27c: Longhorns 34c New York Ltmbereer 36c. By United Press „ NEW YORK. Dec. 19 —Flour— Dull and unchanged: spring patents. $4.400 4.75. iress - *30.50. Lard—Firm middle west spot. $10.25010.35. Tallow— Steady; special to extra. 4%C4%c. Potatoes—Wealth Long Island. $1.50® 3.75 bbi southern. $2 0 7.50 bbl.; Maine. *2.750 335 Bermuda S7OIO bbl.; Idaho sacks. lls.' t? - p ?*?’ °e.'—S’eadv: southL6j: ursey baskets. sfc ,i S;/5. Dressed poultry—Firm; tirrkevs. 25 to9c. chickens 20-3'C: capons. 25®41crSXnd an d, T Ckf 13 ' ;722c: ducks. Long Island. 20022 c. Live pou./ry—Easv; geese l . ; ; ducks 12 c- 23c: folws. 12®22c: turkeys. 28 usc: roosters, lie. chickens. 13® ISc. capons 20rjoc: broilers. 24@40c. £SSS!Sr^l s i*i,S. tat< whole milk - fa “ c v *0 snec.a.s. 18@23%c; young Americas, 17% By United Press CHICAGO. Dec. 19.—Eggs Market 2^ ad i’i., r / c SiP ts - 4 ’ 119 , cases: extra firsts. 26c, firsts, 24c. current receipts, 25c; ordinaries 20 n 22c: seconds 12®17c. Butter— Market, firmer: receipts. 6.579 tubs- extras. 30c: extra firsts. 28® 29c; firsts. 26%© 5025%c; standards. 29c. Poultry—Market, firm; receipts. 5 cars; *"£?• \ s S : springers 20c; leghorns 14c; ducks, lie: geese. 14c; turkevs. 25@33croosters. 14c. Cheese—Twins. 16® 16 L .c : young Americas. 16%c. Potatoes—On track. 242: arrivals. 117; shipments. 525: market, steady to weak: Wisconsin sacked round whites. $1.2501.40; Idaho sacked rush’s $1.70® 1.85; Colorado McClures. SLOv^l.oO. By United Press * CLEVELAND. Dec. 19.—Butter (Cents per lb/—Extras. 30c: standards. 29c E-gs (Cents per doz. ■ —Extras. 25c: firsts. ? sc -, ?? u!try (Cents oer lb.i—Hea'-v fowls. 22c: medium. 17® 18c; leghorn fowl* 16 517 c; broilers. 18c: leghorn broilers! 15@16c: ducks 13'.i29c: old cocks 13'geese. 15®16c: turkeys. 35®38c. Potatoes— Ohio round whues. mostlv sl.lO per 61Ib. sack: Maine Greer, mountain. *3.00 per 150-lb. sack; Idaho russet, $2.2502.50 per 100-lb. sack. By United Press CINCINNATI, 0.. Dec. 19.—Butter— Steady; creamery ln tub lots according to *.core, 28 ..’3lc; common score discounted, 3c x . Deklu* stock No. 1. 25c; No. 2. 15c; No. 3. !0c; butter fat. 24026 c. Eggs Lexer; _ cases Included extra firsts 31cftjsts. 24c: seconds. S2c: nearby ungraded. ,- 1 c. L.ve Poultry—Thin and coarse stoat sell* only at heavy discount. Fowls. 5 lbs. and over. 17c: 4 lbs. and over. 15c; 3 lbs. and over. ISc; leghorns. $ lbs. and over. ISc; roosters. 13c; capons. 8 lbs. and over. 30c: under 8 lbs., 26c; slips 2ic: stags. 16c: colored fryers, over 3 lbs.. 21e; over 3 lbs.. 21c: broilers, colored. l, lbs. and over. 21c broilers, partly feathered. i2c; leghorn and Orpington fryers, over 2jbs. 15c: roasting chickens 4jibs, and ofr. 24c, black springers, 12c.

<By Thomas & McKinnon)

Coca Cnla 147% 145 147% 146 Conti Liking A ... 20 Corn Prod .... 71% 71% 71% 73 Corn Wheat 27% 2£ Cudahy Pkg... 40 39% 40 89% Ger. Foods 47% 47% 47*4 47% Grand Union 10S 11 Jewel Te ‘ 39% 39 Kroger 20% 20 20 20% Nat Biscuit .... 77 76% 77 77% Plllsbury 26% 27% Safeway Bt .... 46% 46 46% 46% Std Brands .... 16% 16V* 16% 16%' Ward Bkg .. ... ... 4 4% Drugs— Coty Inc • ... 8% 8% Lambert Cos . . 78V* 77% 77V* 77% Lehn & Fink 24 Industrials— „ Am Radiator .. 17 16% 17 17 Eush Term ...... 24 20% Certainteed ... 2% Gen Asphalt 24 24% Lehigh Port .. .. 12% Otis Elev 54% 53 53 53 Indus Chcms— Allied Chem .. 186 151 183 135 Ccm Solv 16 15’% 16 15% Union Garb 56% 56V* 56% 57 U S Ind Alco.. 58% 57 58% 50 % Assoc Dry Gds 22 Oimfcel Bros ... 5% 5 Kresse S S 26V* 23% May D Store .... 30% 28% 30% 23V, Mont Ward 19 18 19 18% Penny J. C ..... 31% 30% 30% 3i% Schulte Ret St. 4% 4 4 4 Scars Roe 50% 49% 50% 49'L Woolworth .. . 57'* 55% 57% 56 Amusements— Bruns Ealke ICVs Cos! Graph . ... 8% 8% 8% 8% Crotlev Radio 5 4% Eastman Kod . . .154 150% 154 151% Fox Film A .... 28% 27 28 28% Grigsby Gru 3% 3% 3% 3% Loews Inct 48 45% 48 46% Param Fam ... . 37% 36% 37% 37% Radio Corp 13% 13% 13% 13% R-K-O 16% 16 ' 16% 16% Schuoert .... ... 5 5 Warner Bros , 13V* 12% 13% 13% Miscellaneous— A.irway Anp ..1 ... ... 8 8 City Ice <sr Fu 35 Ccngoleum • 6% 7. Am Can 112V* 111 112. 111’;. Copt C2n 48 47% 48 \ 47Curtiss Wr .... 2% 2% 2% 2% Gillette a R .. . 24% 24*4 24% 3* : Rea! Silk . . ... 29*Un Arcft 23 21% 22% 22%

Dow-Jones Summary

LONDON—New York cables opened at 4.85 23-32 against 4.85%: Paris checks. 123.60; Amsterdam. 12.062; Italy, 92.765; 3erlin, 20.362. * American Zinc Lead and Smelting has omitted the Si.so auarterlv dividend o common and preferred due at this time. United Porto Rican Sugar Company declared regular ouarterly dividend of 87% cents on common participating preferred, payable Jan. 1, record Dec. 23. Middle West Utilities Company declared regular quarterly dividend of 2 per cent -n common on common, payable Feb, 16. record Jan. 15. Economy Grocery Stores Corporation aeclared regular quarterly dividend of 25 cents, payable Jan. 15. record Jan. 2 Foote Brothers Gear and Machine Company omitted 2 per cent common stock dividend and $1.75 preferred dividend due at this time. Arundel Corporation eleven months ' net $5.20 a share as against $4.53 a share in like 1929 period. November net $269,177 deoreciation. taxes, etc., against $266,069 in November. 1929. Declared regular quarterly dividend of 75 cents, payable Jan. 2. record Dec. 22. Freeport Texas Company declared regular quarterly dividend of sl. Telautograph Corporation declared a quarterly dividend of 35 cents on common placing stock on $1.40 annua.l basis, payable Feb. J, record Jan. 15. Previously company paid quarterly dividend of 30 cents with 5 cents extra. American Screw Company declared regular quarterly dividend of $1.50. payable Jan. 2. record Dec. 20. Bloomingdale Brothers declared regular quarterly dividend of $1.75 on preferred payable Fee. 1. record Jan. 20. Dictograph Products Company declared a quarterly dividend of 25 cents. pavab*e Jan. la, record Jan. 1. This is at 'same rate as had been paid prior to deferrinof the dividend. Stepdjj’d Company year ended Sf.pt. 30. net $4.01 a share on 146,536 shares against $5.17 a share on 150.000 shares in preceding year. n1? clare ? re *War quar20r reco‘rd d Dec. 31. 4 CentS ' payable Jan ' Farm board payine 3 per cent interest on money borrowed by stabilization corporations amounting to $26,000,000 on wheat and $49,000,000 on cotton. shws wi!l -cut ! Potter Company declared regular quar. ! rlcord Dec en 27 ° f 25 CeDtS ' Chicago Stocks Opening (By James T. Hamill & Cos.) —Dec. 19— T ® ! Util. 18%ilnsull 6s 1940.. 83 3endix Avia... 17 Esmch Glnts ig Cent So West.. 15V, Lion Oil S . :;. 1 Majestic Hsehold 5% : £ or c 63/8 Midland Untd c 16V* Conti Gni Cor p 36% Natl Pwr & Lt.. 20':Grigsby Gru... 3*4 Swift &Cos .... 27 * v *,'j J 2% Swift Internatl. 30% InsulI H co U m ehold . lit U S Radio & T - Other Livestock By United Press °. \ DBC - ,19.— Hogs—Receipts. t 0 10c-lower; heavies. $7.80 @7.90; mediums. $7.30@8: Yorkers. $7 75® 8: Pigs. $7.9045.8. Cattle—Receipts, light; market, steady. Calves—Receipts, iighx Y./rket, steady. Sheifp— Receipts, light; market, steady. 6 ’ By Times Special cnn°^ IS 'i ILLE ', n De<s, 19 -— Hogs—Receipts, < oo in ISS higher: 325 lbs. up to 325 lbs $8.20: 130 to 175 5(.80: 130 lbs. down, $7.10: roughs. $6 05; stags. $5.55. Cattle—Receipts, ?00: steady; prime heavy steers $8.50" 10.50: -heavy shipping steers. 57.255i8.50: medium and plain steers. [email protected]; fat 54.50 2- 50 : good to choice cows. $1(35.50; medium to good cows. S3.SO<T/4. cutters. [email protected]: canners. $2(32.7a: bull'. $3.50(35.25: feeders, 56(3 7.50: Stocker - . Calves—Receipts. 200; market. 50c lower: good to choice, s6@B; mediums $4.50(36: common to medium, $3(3 j. Sheep—Receipts. 50: market, steady; ewe and wether lambs. $7.50; buck lambs, $6.50: seconds, 51®4.50; clipped sheep. s2®3. Thursday’s shipments: Cattle, 37; calves, none; hogs. 154; sheep, none. By United Press .CHICAGO. Dec. 19.—Hogs—Receipts, 23.000; including 9,000 direct: fairlv active, strong to mostly 10c higher; top. $8.15: bulk. 130-200 lbs, $72)0(3:8.10: 220-300 lbs, s I-Z55 7 - 90; nies. $7.75(38.10: packing sows. $6. .5®7.25: light lights. 140-160 lbs, good and choice. $85.8.15; light weight. 160-203 lbs, good and choice. $7.90(3.8.15: medium weights. 200-250 lbs, good and choice. 87,7508.05; heavy • weights. 250-350 lbs, good and (Choice. $7.55(3 7.85: parking aa' r s 275-300 lbs, medium and good. $6.6507.25: slaughter nigs. 100-130 lbs, good ar 1 choice. $1.5038.10. Cattie—Receipts. 2.703: calves. 1 000: fed steers and yearlings slo-w .about steady: butcher stock'weak to 25c lower: other classes, unchanged: general quality plain. Slaughter cattle and vealers—Steers. 600-900 lbs, good and choice. 510.25314.25: 900-1100 lbs, good and choice. $10.25(314.25: 1000-1300 lbs, good and choice $10(314; 1300-1500 lbs, good and choice. $9.25(313.50: 600-1300 lbs, common and medium. [email protected]: heifers. 550-850 lbs, good and choice. $8 [email protected]: common and medium 5508.50: cows, good and choice. ss.2s@'< •: common and medium. $455.25: low cutter and cutters. s3@ 4: bulls, vearlings. excluded, good and choice beef. $506.25: cutter to medium. $4 @5.75: vealers. milk fed. good and choice. 57.50@10: medium. [email protected]: cull and common. [email protected]. Stocker and feeder cattle—Steers. 500-1050 lbs, rood and choice. S7@9: common and medium. $5 5037. Sheep—Receipts. 11.000: mostly steady: good and choice fat lambs. $7.75@8 to packer*: choice kinds bid. sß*s: fat> native ewes. $333.50. Slaughter sheep and lambs—Lambs. 90 lbs. down, good and choice. $7.2538.50: medium. $63 7.25- all weights common. $53 6: ewes, 90-150 lbs medium to choice. $2 33.75: all weights, cull and common. 51(32.50: feeding lambs, 50-75 lbs, good ar.d choice. [email protected]. Marriage Licenses Harry Remolds. 23. of 2209 North Mer.dian. laborer, and Tempie M. Mason. 21. of 2345 Caroline. . Leno I. Paucett 33. of Kirkltn. Ind, c ork, and Hazel Williams, 26. of 24 North Rural. Robert X. Boyer.' 25. of 5752 East Washington. manager, and Marv L. Pierce. 23. of 3510 North Pennsylvania. Roland C. Treevs. 33. of Chicago, salesman. and Martha H. Jacobs 21, of 502 North Pine. Price Redactions Announced By United Press CHICAGO, Dec. 19.—Price reductions ranging from 6 to 18 per cent were arronneed today in the 1931 sales catalogue of Sears, Roebuck <fe Cos., which serves 12,000,000 retail customers yeady through its mail order and retafi stores departments •'

THE INDIANAPOLIS TIMES

FRESH BUYING SENDS PORKER PRICESJIGHER Slaughter Classes Dull in Cattle Trade; Veals Sell Down. HOGS Dec. Bulk. Early Too. Receipts 12. $8.15@ 8 25 $8.25 5,000 13. -8.15@ 8.30 8.30 3.500 15. 8.150 8.30 8.35 7.000 16. 8 150 8.30 3.40 8,000 1 17. 8-15,0 8 30 8.30 7.000 if. 8 00 5 8.20 8.20 7.000 19. 8.15 0 8.30 . 8.35 5.000 Hogs showed signs of fresh buying at the city stockyards this morning, prices moving up generally 10 to 20 cents. /The bulk, 100 to 300 pounds, sold for $8.15 to $8.30. The early top price of $8.35 was expected to hold. In the cattle market slaughter classes were extremely dull. All bids were lower when obtainable. Receipts were 600. Vealers sold off 50 cents to $1 at $10.50 down. Calf receipts numbered 500. Sheep were steady at $8 down. Receipts were 500. Chicago hog receipts w T ere 23,000, including 9,000 direct. Holdovers numbered 8,000. The market was slow with a few early bids and sales around steady with Thursday’s average. Good and choice 180 to 220pound weights sold at $7.75 to SB. Cattle receipts were 2,700 and calves 1,000; the market strong. Sheep receipts, 11,000; market strong. HOGS Receipts, 5,000; market, higher, —Light Lights—-(l4o-160) Good and choice ...$ 8.15® 8.25 —Light Weights—-(l6o-180) Good and choice... 8.30 0 8.35 (108-200) Good and choice 8.300 8.35 —Medium Weights—-(2oo-220) Good and choice... 8.25@ 8.30 (220-250) Medium and g00d... 8.20® 8.30 —Heavy Weights—(2so.2Bo) Good and choice... 8.150 8.20 (290-350) Good and choice... 7.90 0 8.30 —Packing Sows—-(27s-500) Medium and good ... 6.50 0 7.25 (110-130) Slaughter nigs B.oo® 8.15 CATTLE (Slaughter Class) Receipts, 600; market, steady. Good and choice $ll.OO 013.50 Common and med-mm 6.75011.00 (1.100-1.500) Good and choice 10..->OOI3 00 Medium 7.00® 10.j0 —Heifers—-(soo-850) Good and choice 8.50011.a0 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 .*. 2.500 4.00 —Bulls (yearlings excluded)— Good and choice beef 4.50 0 6.25 Common and medium 4.500 6.50 CALVES AND VEALERS Receipts. 500; market, lower. Good and choice $10.00010.50 Medium 6.00 010.00 Cull and common 4.000 600 —Calves—-(2so-300) Good and choice 9-50 Common and medium 4.000 6.00 STOCKERS AND FEEDER STEERS Good and choice S 6.50® 8.50 Common and medium 4.25 0 6.00 (800-1.500) „ o Good and choice f-*o@ 8.50 Butter, common and medium.. 3.00® 4.d0 SHEEP AND LAMBS Receipts, 500; market, steady. Good and choice $7,50 0 8.00 Common and medium .... 5.50@ 1. 00 —Ewes— Medium and choice 2.50 0 3.75 Cull and common I.oo® 2.50 Other Livestock By United Press PITTSBURGH. Dec. 19.— Hogs—Receipts 3.000: market steady. 10c higher: 140-240 lbs. [email protected]: 250-300 lbs.. $8.35®8.b0; 140 lbs.. $8.2508.50: medium to good cows. $6 7507.25. Cattle Receipts. hO*}e; market, nominal. Calves— Receipts. 150; market, slow; weak to lower. Sheep—Recipts. 1.500: market, mostly steady: better grade fat lambs. [email protected]: heavyweights. $6.5007; aged wethers up to $4.20. I By Ignited Press EAST BUFFALO. N. V.. Dec. 19.—Hogs—- > Receipts. 2.100; holdovers. 300; market, ! active, steady to 10c higher; bulk desir- ; able 130-190 lbs.. [email protected]; 210-240 lbs.. I *[email protected]: 250-300 lbs.. [email protected]; pigs ! quoted. $9: packing sow’s; $6.60 0 7.35. CatI tie— Receipts. 200. mostly cows., steady. | common heifers. $6.25; beef cows. $5.23; I cutter grades. $203.75. Calves—Receipts. COO; vealers. unchanged sl2 down. Sheep —Receipts. 2.700: lambs, active, steady to mostlv 25c higher, good to choice natives 1 and fed western 95 lbs. down, $8.o0®8.(o: ! mixed offerings. $308.25; medium kinds | and strong weights, $7.75; throwouts, $6.75. ; By United Press \ CINCINNATI. 0.. Dec. 19.—Hogs—Receipts. 3,100; holdover, 200; market, unevenly strong, 10@20c higher; better grade *6O-200 lb. averages, $8.60; 200-230 lbs., ! $8.50; some interests bidding $8.40 or below on these weights, some 240-260 lbs.. $8.25 08.40; light lights, strong to 25c higher; mostly $8.25 on 120-150 lbs.; sows ’steady; bulk $6.75: few light weights, $7. Cattle—Receipts, 225; holdover 510; calves, 300; generally steady, odd lots lower grade steers and heifers [email protected]; some betT ter kinds, s7®B; sprinkling of yearlings up to $11; most beef cows $4.75@5 50; low’ cutters and cutters active; strong to 25c higher; bulk, [email protected]; bulls, $5.75 down; vealers opened 50c lower; late trade. sl. off; good and choice largely $9010; early sales up to $10.50; lower '■rades, $3.50 down. Sheep—Receipts. 803: i about steady on ail classes; better grade : handy weight lambs, mostly $3.5008.75: i common and medium, $6.5007.50; fat j ewes, s2@3. ; By United Press EAST ST. LOUIS. 111., Dec. 19.—Hogs—(Receipts, 7.000: market, 6- 15c higher: top. ! 88.35; most 130-270 lbs. $808.25; 100-139 . $708.10; packing sows. 56.75@7. CattleReceipts 700; calves, 300; market, few’ ; steers oh sale; some deals steady; good and choice vealers 25c lower at $10.25; other classes steady; cow’s $4.25@5; low cutters, $2.75@3; medium bulls, $405. Sheep—Receipts, 1.500; market; choice lambs to city butchers. 25c higher at $8.25, packers talking steady; common throwouts [email protected]; iat ewes, $3.50 down. By United Press CLEVELAND, 0.. Dec. 19.-Hogs—Re-ceipts. 1,000; holdover, nor e; mostly steady; spot 10c higher on weights 200 lbs. down at $8.50 top: sons heavier weights 10c lower at $8.2608.3c; load t.o 267 lb. average at inside. C. ttle—Receipts, 100; mostly steady, low cn steers, cutter cows. $304.- Calves—Rece.pts, 250;. steady to 50c lower; decline showing on offering $lO upward; culls downward to $8 and under, steady; bulk good to choice vealers, $11.50012. Sheep—Receipts, 1,000. steady or $8.2508.75 on good to choice i lambs; throwouts mostly s6®7; choice 169 lb. ewes. $3.59. strong.

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 Affiliated with The Fletcher American National Bank

kTsV 1

The City in Brief

SATURDAY EVENTS Beta Theta Pi luncheon. Board of Trade. Real Silk Hosiery Mills. Inc., sales meeting, at plant. William Holmes, chief railroad inspector for the Indiana public service commission, is in a critical Condition in St. Vincent’s hospital following two operations, performed Wednesday and Thursday night. Forfeiting their annual Christmas party, members of the Ladies Auxiliary to the Indiana Firemen’s Association will distribute Christmas baskets among needy families. More than twenty baskets will be delivered before Christmas day. Too many advertisers quit their advertising and their medium too soon, wasting their money in onetime efforts, declared Curtis W. Van De Mark of Cincinnati, president and general manager of the Health-O-Quality Products Company, at the meeting of the Advertising Club Thursday. \ Four hundred Saturday Evening Post carriers will be guests at a party at the Hoosier Athletic Club, Pratt and Meridian streets, Saturday morhing. Santa Claus will distribute prizes and candy. Host will be. A, H. Lindroth, recently named territorial manager for this district for the Curtis Publishing Company. Luncheon honoring members of the Arsenal Technical high school football team was given by the athletic department at the school. Milo H. Stuart, assistant superintendent of schools, and DeWitt Morgan, principal, were speakers. To permit all employes of the Kroger Grocery and Baking Company in the Indiana area to join the “Buy Now” movement, time off during their working hours will be granted all employes who desire to shop, officials announced. Ladies’ gymnastic class of the South Side Turners will sponsor a dance at their hall, 306 Prospect street, Saturday night. Fourteen boys from the Guardians orphans’ home, in Irvington, were guests of the Indianapolis Bound Table Club at a Chrismas party today at the Lincoln. The boys, members of a Boy Scout troop the club has organized at the home, were given scouting equipment and gifts of candy and fruit. The Fletcher American company today was awarded the $32,000 bond issue of the sanitary district for construction of an interceptor sewer. The premium on the company for the 4 per cent issue, maturing between 1933 and 1964, was $528. One other bid was submitted by the Fletcher Savings and Trust Company, with a premium of $3. Benefit for the unemployed will be staged at the Strand theater, Oriental and East Washington streets, by firemen of No. 11 engine house Saturday. Persons presenting one or more cans, of canned foods will gain free admission. The Scientech Club will elect officers at its luncheon Monday at the Lockerbie. Present officers are: Horace A. Shonle, president; Orange E. McMeans, secretary; William C Mabee, vice-president, and Arthur M. Hood, treasurer.. Local members of the Travelers’ Protective Association are celebrating in the clubhouse on North: Pennsylvania street today and Saturday. Henry A. Roberts is host.

James TV Hamill & Company Private Wires to All Leading Markets. Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associated New York Curb 203 Continental Bank Bldg. Tel. Riley "49:t—Riley 6494

R. H. Gibson & Cos. Members A'El'/ YORK. Chicago and Cincinnati Stock Exchanges A*. Y. Curb Exchange (Assoc.) Chicago. Board of Trade 320 Circle Tower ~ Indianapolis Tel. Lincoln 234! 307 Dixie Terminal Bldg. Cincinnati 220 Odd Fellows Bldg. South Bend 400 First & Tri-State Bldg. Fort Wayne 71 Broadway New York

WEAK FOREIGN REPORTS SEND FUTURES DOWN Much of Grain Trade Going to Winnipeg Due to Farm Board, By United Press CHICAGO, Dec. 19.—Weakness in foreign markets broke July wheat sharply on the Board of Trade today, the price failing to the lowest point of the season, set on Wednesday. The other deliveries were around steady under the stabilization influence. Liverpool slumped on heavier shipments from the southern hemisphere with confidence lacking. Com sagged sharply to within % to 72 cent of the lows of the season. Oats eased a minor fraction in sympathy with the major grains. At the openingj wheat was 14 cent lower to 14 cent higher, with July off T 4 to 114 cent; corn was % to T 4 cent lower and oats were 14 to 14 cent down. Provisions were very strong. Liverpool Slumps Liverpool was lower than expected and declined further to l!4c to l%c lower at mid-afternoon. Buenos Aires was off 14 c early. Wheat traders hold largely to the idea that there will be no change for the better until some bullish development affects the world situation. There appears to be a large short interest in July but, while that month is 20c above a world parity, traders fear to further extend short sales owing to the probability that the farm board will control the .entire visible supply by the end of July. Much of the trade is going to Winnipeg where the market is free from' restrictions. * Oats Depressed The movement of corn is keeping up in a somewhat larger volume than had been expected. A great part of the cash article which comes to Chicago arrives on consignment and never appears on the market. Country offerings are being held above buyers’ prices. Weakness in com depresses oats from time to time, but it is being noticed that buying of oats against sales of corn also is being done. The market has been adhering to a narrow range. Chicago Grain Table WHEAT (old)~ DeC !9 ~ - Prev. High. Low. 11:00. close. Dec 77 .76% .76% .77 Ms r 79% .79% .79% .79% Mey 81% .81 .81% .81 July 67% .67% .67% .68% CORN (old) Dec 67 .66% .66% .67% Mar 70% .70% .70% .71% May 72% .72 .72% .73% July 74% 73% .74 .74*/* OATS (old) Dec .... 31% Mar 32% .32% .32% .32% May 33% .33% .33% .33% July 32% RYE (old) Mar 43% .43% .43% .44% May 44% .44% .44% .45% LARD— Dec 10.10 10.07 10.10 9.97 May 8.17 8.15 8.17 9.07 B-y Times Special CHICAGO. Dec. 19 Carlots: Wheat. 25: corn, 159; oats. 24; rye. 0. and barley. 10.

AMUSEMENTS

ENGLISH—TOMIGHT AND ALL WEEK—MAT. SAT. LAUGHING MYSTERY HIT Willi CECIL SPOONER Direct from 18 weeks Playhouse, Chicago NIGHTS—SOc to $2.00 Sat. Mat.—soc to $1.50 BEG. CHRISTMAS DEC. 25-26-27 This Season’s Greatest Comedy With Thomas W. Boss — Percy Heltcn —Leila Frost and the Most Perfect Cast Ever Assembled Positively Eves.—soc to $2.00 Sat. Mat.—soc to $1.50

FINAL. PEGGY EAMES AND | “MAN TO MAN” I rvTn * BCA BADIOLA AUCTION j TODAY 5 Act, VAUDEVILLE | 1 7L L M HOLIDAY STAGE SHOW wk The screen’s most popular * "1" -W • ■ ’Jf V young star in another of his KIDDIESBf A *■ 7 f iW -A New Comedy /&* Tours 6 Very Truly of Errors! Smart, § LITTLE ' \ Thrilling! / JACK LITTLE I m BfeTWiiSSra/ (In Person) j 1/ but plenty of speed when f * | t <v* r **e,V> <;ap:unng the! Celebrated Radio Personality ' stronghold of her heart. I sirr Gav, youthful romance of I rrom \\ L\\ —Song Composeiv— Retort BEATRICE BYRNE | TANARUS”E a WA^NEF a i HEY > kiddiest lightnings ,TH I Hv ’Tlobbteg Around” Maureen O Sllmvan pS&SBI kitchen’s ThX\var an d v&rrr Novelty

Indianapolis Stocks

—Dec. 19— Bid. Ask. American Central Li Inc Cos. 1.000 Belt R R & S Yds Cos c0m.... 48 51% Belt R R Yds Cos Dfd..... 53 Central Indiana Pw Cos pfd 7s 77 85 Bobbs-MerriU Cos 25 Circle Theater Cos com 7s 103 Citizens Gas Cos com 10s .... 24 Citizens Gas Go pfd 5s 98 103 Commonwealth Ln Cos pfd 7s 96 101 Commonwealth Ln Cos Pfd ...100 Hook Drug Cos com 15 Indiana Hotel Cos ClaDl com. 125 Indiana Hotel Cos pfd 6s 101 ... Indpls Gas Cc com 6s 56% 61% Indpls Pwr & Lt Cos pfd 6%5. 98 102 Indpls Pu Well L Assn com 8s 51 Indpls Water Cos pfd 5s 101 Interst Pu Ser Cos pr 11 pfd 6s . 90 Interst Pu Ser Cos pr li pfd 7s 97% 102 Metro Loan Cos fs 100 North Ind Pub Serv Cos pfd 5%s .. 95 North Ind Pub Serv Cos pfd Cs .. 100 Northern Ind Pu Sv Cos pfd 7s 105 110 Prog Laundry Cos com 31 E Rauh & Sons Fertil Cos pfd 6s 47 Terre Haute Lt & Rwr pfd.. 67 Union Title Cos com 5s 30 34 Van Camp Prod Cos Ist pfd 7s .. 94 Van Camp Prod Cos 2d old Bs. 300 Auburn Automobile Cos com.. 109% 111% Backstay Welt Cos com 10* 19 Ind Pipe Line Cos 15 17 Link Belt Cos com 28 30 Lvnch Glass Machine Cos com. 12 14 Mead Johnson & Cos com .... 69 7i N Y Central Railroad Cos 115% 117% Noblltf Sparks Industries Inc. 36 38 Perfect Circle Cos com 22% 30 Real Silk Hosiery Mills Inc pfd 28 29 Real Silk Hosiery Mills Inc com 83 85 Ross Gear & Tool Cos 20% 22% Standard OH Cos (Indiana) 33 Studebaker Corporation 20% 22% •Ex-dividends. Bonds Belt R R & Stk Yds Cos 4s 85 ... 3road Ripple Trac Cent Ind Gas Cos 5s 98% . . Cent Ind Gas Cos os 98 Citizens Street Railroads 55.. Home T & T of Ft. Wavne 6s:101% ... Ind Rallwav & Light Cos 55.. 92 Indpls Pwr &Lt Cos /. 98% 100 Indianapolis Gas Cos 5s 99*2 101** Indpls & Martinsv Ra Hr Cos 5s 15 Indpls & Northw Trac Cos 55.. 5% Indpls St Ry 4s 9 13% Inpdls Trac & Tem Cos 5s 54% 59 Union Rv 100 Indpls water 5s 98 Indpls Water Cos 5%s 103 'lO5 Indpls Water Cos 5%s 103 104% Indpls Wa Cos Ist hen' & ref 5s 98 Indpls Water Cos 4%s 96 Indpls Water Works Sec Cos 5s .. Interstate Pub Serv Cos. 4%5.. 85 Interstate Public Service Cos 5s 92 Interstate Pub Serv Cos B 6%5.102 No Ind Pub Serv Cos 5s 95 No Ind Teleph Cos 6s. ... 98% 100 Ter Haute Trac & Li Cos 5s —Sales—--1 Shore, Union Title Cos com 5s @ 29

OUTWAIwB BOUND —WITH— Comedy Douglas Fairbanks Jr. “ Ho ! l / wo^ . -- Tiiente Song Beryl Mercer .isnsr Helen Chandler ' fe *p |3 ft* ll *’ Leslie Howard MO news llE

APPEALS FOR DRYSUPPORT, No-Liquor Society Hostesl May Advise Hoover. F}t United Press WASHINGTON, Dec. 18.—A n appeal for the women of America to support prohibition was made here Thursday night by Mrs. Ruth G. K. Strawbridge, Philadelphia society leader, who a year ago gained considerable attention by urging society hostesses to refrain from serv ing liquor. ‘ Mrs. Strawbridge was a guest a$ President Hoover's official dinner for Vice-President Curtis. She intimated she might carry a prohibition message directly to the President. The real issue, Mrs. Strawbricig® said, is “whether a democracy has the power to enforce its own lawa in the face of a whirlwind of opposition, and whether law-breakers shall dictate the character of ou* legislation.” KAW SUGAR PRICES —Dec. 18— * High. Low Closfc January 124 1.19 1.3 J Ma ch 1 33 1.28 1.33 Mav 1.41 136 1.40 July 1 49 1.43 1.4$ September 1 56 1.50 1.55 December 1.63 1.59 1.63

It ingraft

CIRCLE XMAS DAY!

MOTION PICTURES

AMUSEMENTS

.DEC. 19, 1930