Indianapolis Times, Volume 42, Number 192, Indianapolis, Marion County, 20 December 1930 — Page 14

PAGE 14

UPTURN IN RAIL SHARES BOOSTS STOCK MARKET . * Railway Merger Prospects Add to Strength of Carrier Group.

Average Stock Prices

Average of thirty industrials for Thursday was 171. up 1.11. Average of twenty rails was 95.86. up 2.09. Average of twenty utilities was 58.66. up .85 Average of fortv bonds was 93.27. up .44. By Unit'd Press B’l United Prcn* NEW YORK. Dec. 19— Railroad shares replaced industrials as stock market leaders today, rising 1 to more than 5 points in their best market In many weeks. Strength in the rails was brought on by rejuvenation of the consolidation idea for the eastern carriers. This rise helped industrials meet selling pressure for a time and they joined the upward movement again before the close. According to preliminary calculation by Dow Jones & Cos. the industrial average advanced 1.44, to 168.15 and the railroad average 3.78, to 99.64 Sales for the session totaled 2.270.350 shares compared with 3.290.370 shares Thursday. Market Closes Up The market generally closed higher, but there were a few weak spots in isolated groups. Auburn Auto wa one of these, selling off more than 4 points from the previous close and 8 points from its high of the day, mainly on profit-taking and absence of further short covering which had brought it up sensationally in Thursday’s session. Utilities did not make an impressive showing and the oils made only fractional advances. Transamerica eased fractionally on the day. New York Central led the rally in the railroad shares, rising more than 4 points. Baltimore & Ohio rose more than 6 points, Atlantic Coast. Line more than 5, Chesapeake Corporation nearly 4, Pennsylvania more than 8. Great Northern preferred 3 and Atchison nearly 4. Industrials Higher According to an analysis by Dow, .Tones <fe Cos., prospects are brighter for agreement, between representatives of eastern trunk lines on consolidation than at any time since the conferences began six years ago. United States Steel rose above 141 in the late afternoon and then fell back, closing at 140%, up 1% points net. Other industrial shares closed higher, with Vanadium up 3 points. Loew’s was strong in the amusements. Chemical shares, especially Air Reduction and Columbia Carbon, moved ahead. Call money held at 2 per cent. Closing the week at that level. Grains were steady to firm with oats and rye up more than a cent a bushel Cotton lost a few points.

Bank Clearings

INDIANAPOLIS STATEMENT —Friday. Dec. 19—. Clearincs $2,795,000.00 Debits 6,310.000.00 NEW YORK STATEMENT —Dec. 19— Clearincs $1,154,000,000.00 Balance 111,000,000.00 Fdl. Res. Bnk. Cr. Bal 89.000,000.00 TREASURY STATEMENT -Dec. 19Net balance for Dec. 17 $351,372,832.61 Expenditures 23.667 845.12 Customs rects. month to date 18,921,975.24 CHICAGO STATEMENT Ciearmca $77.500.600.00 Balances . . 5.500,000.00

New York Curb Market

(By Thomson & McKinnon) Dec. 19Close. i Close. Am Com Pwr A ll*;Mt. Prod 44a Am Gas A El. 82* Nat Av 4* Am Lt & Tr... 40* Nat Inv 4% Ark Gas 5% Newm Min 43 Aviation of Am 18* Nia Hud Pwr.. 9* Brazil P <fe L.. 21 % Niles 21* Can Marc 2* Noranda 13 , Cities Serv ... 15* Panteoec 1* Cons Gas 83 Penroad 6% Oord 5% Prin Sz Whtlv... ’a Crocker A Wh. 7* Salt Creek 5* Durant Mot... 1* Sel Indus 2* Elec Bond Sh.. 42* Schulte Ret 3 'a F6rd of Can... 21* Shenandoah .... 4* Ford of Ene... 13* Std of Ind .... 33* Fox Theater... 4% Std of Ky 19% Goldman Sachs. 6* Std of 0hi0.... 46 Gulf Oil 63's Stutz 19 Hudson Bay 4 ; Tr Air Tr 4 Humble Oil ... 62 Un Gas (new).. 7* Ind Pipe 16 Un It & Pwr.. 22% Insull Ut 31 Ut In Ind 5* Int Super 20% Ut Pwr ... 9* Int Pete 13% Vacuum Oil .... 54 Lion Oil 6* ! Van Camp 2 Midwest Ut 17* Wallzreen 17 Mo Kan Pipe.. s*l

Investment Trust Shares

)8v R. H Gibson & Cos.) —Dec. 19— PRICES ARE TO 15 NOON C. S. T. Bid. Ask. Amer Founder's Corp com... 3* 4 Am & Gen Sec A 14* 15* Am Inv Trust Shares 5* 6 . Basic Industry Shares 5% 6* Corporate Tvust Shares 5% 6* Diversified Trustee Shares A.. 15% 16% FlrJt American Corp 7% 8 Fixed Trust Oil Shares 5* 5 4 Fixed Trust Shares A 15 tnv Trust NY 6* 7* Leaders of Industry series A. 7-a ... Nation Wide Securities 6* 6% National Industry Shares 6 6* N Am Trust Shares 6* 6* Sel Am Shares 5* s’? Shawmut. Bank Inv Trust 7 9 Universal Trust , 6* 6% S W Strauss Inv Units 54 Super Core of Am Tr Sh A 6% 7% Trustee Std Oil A 6* ... Trustee Std Oil B 6* 6* U 6 Elec Light * Pwr A 27* 29%

Net Changes *

By United Press By United Press NEW YORK. Dec. 19.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up Off. American Can 112% 1% American Smelting 42. ’ ... -American Telephone 177% Atchison • 180* 3* ... Case 102 i*i ... Consolidated Gas 84% ... % Elec Power & Light 39* * ... Erie 27% 1 •General Electric 44* ... ' Gillette 23 ... 1% International Nickel 14’ % ... Loews. Inc. 47* 1% ... N. r. Central 119 4% Packard B’* * ... Pennsylvania 59 2* Radio 13* * ... Radio-Keith 17, * standard otl. N. J 47* l* ... Transamerica 13* ... '• V 6 Steel 140% 1* ... vanadium 55* 3 . . westingbouse Electric .... 96’ 1* ... •Ex-dividend.

Local Wagon Wheat

City (tiln elvtors are oyins 73c for No. 1 red wheat and 67c for No. 1 hard wh*BS. MW YORK COFFEE RANGE —Dec. 19Hlfh. Low. CIom?. V*rch .... 690 9.93 iM Juir 5.7! 5.51 5.|7 December 6.80 ... 6*o

New York Stocks

-Dec. 19— _ „ j Railroad* low'. Close close. ; mu 'ick lea | Balt & Ohio ... 72 65 . ]O% Chess fc Ohio 41‘.. 37 ? 41 3a? Chesa Corp 41 ■>* 38* 41 3 ? Chi Grt West.. 6% S'. _J* Chi N West .... 35f. 33 34 r 35* CRI i P 5% pO |3* Dtl L & W 82 81 82 80 * Del & Hudson. .138’? 13d 138 ? 136 Erie 28 26 ? 2.-. 26* | Erie Ist pfd ... 35*2 33 *5 a 31 2 Great Northern t>o 00 3 * W 51 Gulf Mob AOH 18’. 19 ? 19’.* ... Illinois Central.. 70’* t>s‘ *9 ‘ Kan City 80 39-4 36’? Lou Nash 91 81 ,. ! M ln K 20 N IT* 2® I Mo Pacific 28 * 28% 28 28% Mo Pacific pfd 89 84 89 84 N Y Central ... 119 113’* 119 11};* : Nickel Ptote ....80* 76 80’? 76 ? 1 Nor Pacific . . 50’* I : * 47? Norfolk At West.2oo 192 200, 190’? O& W 55’* j 5 os’* ... Ptre Marq . • ■ ?8 ... | Pennsylvania ... 59* >6% j 9 a6. i Reading 80 <9;* 80 7. * . So Pacific 95* ?2’ 95t* M-* Southern Rv... 57** of 57% o 4 St Paul pfd 10 s * 8-* 10* in 1 St L i S F. 49 s * 4d ? 49% 47 Texas k Pac .. ••• , 3 J , 8 ’ Union Pacific . .179'? I*} 1' 9 . 2 l ioi Wabash 17*. 4'? 7% 13 ? W Maryland.... 14* 11’. I** 12 West Pacific... . 9's 9'. 9',. 9-8 . Am Car AFdv 31 -B*. -8* 29. Am Locomotive 23 21, 23 21 ? Am steel Fd.. 26, 2a;. 26 26 Am Air Brake S 33* 33* 33 * 33 5 Gen Am Tauk 80% o 9 * e 9 60 % General Elec— 4a 44'* 44*4 ... Cien Rv Signal 6< b 4 66_, 63 a Lima Loco 24’* 23 24’* 23 N Y Air Brake. . ! Press Stl Car... 4 3-. 4 Pullman 53 52-? o 2 53,. 1 Westineh Ar B 32V* 32 . 32 * 32 Wtstingh Elec. 96 * 04* 96 V* 94 a, Rubbers— 10V 1 Fisk *4 % ~/* j Goodrich ... 17’? liV. 12-• - j GOOdvedr .... .. 48 4i . 4i ,a 4i Kellv Sprgfld.. IV2 IV2 \f% ffi::;;. is*. -a ’m, M i Auburn 114 104** 106V4 113 | Chrysler 16*a 15’* 1* 16 Graham Paige . 3 * 3’s 3’A 3 W'U:::::::::: A’ , % i sr*..y.vr.: ” =;? f? S |S; Packard o 9 ® 5/ a ,f Reo 8* 8% 8* 8 a Studfbaker ..... 22% 20 ,3 22 22 Yellow Truck.. 10'* 9*4 10 10 Motor Access—Am Bosch . ... .... •• v, 10/8 Bendix Aviation 18 V* If** } * ••• Borg Warner .. IJV* }•* 19 1< Iriggs 16:* 16 Wi 16* Btidd Wheel .... 9 ;• Eaton 13*/* 13’i !,* Jf* El Storage 8.. 52 0 * ol siJ* Hayes 80dy....? .. Motor Wheel 15 14; 15 14 * Spprks W 9 s * 814 9J4 9 Timken 3% 3(5 Am Smelt 42” 40'/s 42 41 a Anaconda Cop .. 27 25* 26* -6 Cal & Hecla .... S'/* 7* 8 7% Cal &Am 33 32* 3* a 33 Cerro de Pasco.. 23Va 22 2 23.2 -3 * Dome Mines ... BV2 BV* 8* 8a Freeport Texas.. 30’/* 30 30'A 30,a Granby Corp ..Id 14 15 14 a G-eat Nor Ore 1® Howe Sound .. ... 23 -z.a Int Nickel 15_ 14 * 14* l*/i inspiration 7* 7* <}• Ke.inecot'. Cop.. 22* 20* 20* Magma Cop ... 21/* 20 21 * ~0 Miami Copper 7* 7* </* 7 Nev Cons 10* 9J4 3*/* ?* Texas Gul Sul.. 46* 45* 46* 4a- 4 U S Smelt 20 20 Oils— Amerada 1? id Am Republic ... 7 7 Atl Refining ... 18 7 a 17* 18* 18 Barnsdal) ....... 10* 10* 10’a 10 Beacon 10* 9 s * 10* 10 Houston BV* 7* 8* 7* Indian Refining. 2* 2* 2* 3 a Mex sbd 12* 11* 12* lav* Mid Conti 13'.* 12* 13* 13 Phillips 14 13* 13* 13* Pr Oil & Gas... 14 13* 13* 13* Pure Oil 9* 9 9* 8* Richfield 5*4 4* 5 6'4 Royal Dutch ... 48* 48* 48* 38'a Shell Un 7*4 7 7* 7|/ Simms Pt 7 6* 7 7* Sinclair lo*a 10',* 10’a lOV2 Skellv U* 10* ll*a 11 Stand of Cal .. 46 * 45 45fa 45’a Stand of N J... 47* 45* 47ts 46* Stand of N Y... 22 21* 22, 21* Texau Cos 31* 36',? 31’* 31* Union Oil 23* 22* 22* 23',* Steels— „ Am Roll Mills .. 32* 31*4 32V t 32* Bethlehem 54 52V* 53* o3* Byers A M 42* 38* 41 38* colo Fuel 22* 22'* 22* 22Vi Cruc Steel sj'/a Inland .... ..... fO'/a Ludlum li% lO'/s 11* 11 Midland 21 20* 21 21 ' RepUb I & 5.... 13 s * 13' 13* 13* U S Steel 141* 138* 140* 139* Vanadium 52 U 32* 55* 52* Youngst S & W.. 21* 21 21 21 Tobaccos— Am Sumatra <r? ... A Tob A (newl 104* 103 104* 103* A Tob B I new ) 107 V* 104* 109 V* 105* Con Cigars 26 27 General Cigar... 32 31 Vb 32 32 Lig &Mylßi .. 82** 80‘* 82 81 ia Lorillard llfa 107 11V* lOia Pljl Morris 9 Reynolds Tob... 42* 41* 42* 42'i Sid Com Tob.. 3* 2* 3'a 2** Tob Pr A ... 10* 10* Tob Pr B 2* 2 United Cig 4V* 4V4 4'a 3*4 Utilities— Abitibi . 9 9 Adams Exp 16* l6Vi 16* 16* Am For Pwr ... 30Va 29* 30* 30 Am Pwr it L 1... 42* 40* 41* 40* AT&T 180 177 177 s * 180* Col Gas &El .. 34'* 33 V 4 33* 33* Cortl & Sou .... 8' 8 8* B '/a El Pwr & L 1... 397a 38 f , 39* 39 ! Gen Gas A 4y? 4*a 4V'? 4V4 1 Ir*a! TANARUS& T 22* 21* 22* 23Va ! Nac.l Pwr & Li.. 34’* 33 33* 34* iNo Amer Cos ... 64* 62* b-3* ti3* ; Pac Gas & E 1... 45* 45 45* 45 j Pub Ser N J ... 72* 70V* 72 71 iSo Cal Edison.. 43** 43 43* 43* I Std G & El 60* 59 59Vb 59* United Corn 17 16'* 16* 16* !Ut Pwr &L A . 22 21'4 22 31* j West Union 128 125* 126*4 130 j Shipping—'Am Inti Corp ... 19* !8* 19 18* Am Ship & Com .. ... „ * ... Inti Mer M pfd 16 16 1 /? United Fruit . . 54 l ,i 52 52 54* Foods— Am Sug 45 44'* Armour A 3* 3Va 3Vi 3* Beechnut Pkg . 49* 49 49* 49

Produce Markets

Eggs (Country Run)—Loss off delivered in Indianapolis. 20c; henery Quality No. 1 25c; No. 28. 15c. Poultry .Buying Prices)—Hens, weighing 5 lbs. or over. 17c; under S lbs.. 15c; Leghorn hens. He; springers. 5 lbs., or over. 16c: or under 5 lbs.. 15c; ducks, springers. 11c: old cocks. 9®llc: ducks, full feather fat white. 11c: geese, lie. These prices are for No. 1 top auaiitv auoted by Ktnean & Cos. Butter (wholesale)—No. 1. Sl@3Dc; No. 3. 30 0 31c. Butterfat—37c. Cheese (wholesale selling price per pound)—American loaf. 3le: pimento loaf, S2cc: Wisconsin firsts. 27c: Loagnorna, 34c: New York Limberger. 3Cc. By United Press NEW YORK. Dec. 19.—Flour—Dull and unchanged; spring patents. $4.40®4.75. mess. $30.50. Lard—Firm; middle west spot. $10.25010.35. Tallow— Steaay:- special to extra, 4%®4*c. Po-tatoes-Weak; Long Island. *1.50 5 3.75 bbl.: southern. *307.50 bbl.; Maine. *2.7503.35 bbl- ; . Bermuda. s7® 10 bbl.; Idaho sacks. anda T c , !cs ' 13022 c; ducks. Long Island 20®22c. Live poultry—Easy: geese 1. ducka 12025 c; folws. 12022 c; turkeys. 28035 c; roosters, lie; chickens. 13$ 18 c: capons. 20035 c: broilers. 24®40c - st ate wh6le fa ncv to petals. 18®22*c; young Americas, 17% By United Press CHICAGO, Dec. 19.—Eggs Market 4,119 caS€S i extra firsts! 26c. firsts. 24c; current receipts. 25c; ordinaries. 20 i{ 32c: seconds 12017 c. Butter— Market, firmer: receipts, 6.579 tubs: extras. 30c; extra firsts. 28#29c: firsts. 26‘- n 2. seconds 24*®25*c: standards. 29c. Poultry—Market, firm: receipts, 5 cars; fowls. 18c: springers. 20c; leghorns 14c ducks, l.c: geese, 14c; turkeys. 25033 c; roosters. 14c. Cheese—Twins. I6®i6*c- ?' OUt 5 K „ Americas. 16*c. Potatoes—On track. 242: arrivals. 117, shipments. 525; market, steady to weak; Wisconsin sacked round whites. *1.35®1.40: Idaho sacked *l-70® 1.85; Colorado McClures. $1.5001.60. By United Press CLEVELAND. Dec. 19.—Butter (Cents per lb. i—Extra*. 30c; standards J9c Eggs (Cents per doz.>—Extras, 28c: firsts! 25c. Poultry (Cents per lb.)—Heavy 22c- medium. 17018 c: leghorn fowls, lbo 17c; broilers. 18c- leghorn broilers. 15016 c: ducks 18024 c: old cocks. I3c ; geese. 150 16c; turkeys. 353*c. Potatoes— Ohio round whites, mostly *l.lO per 60lb. sack: Maine Green mountain. *3.00 per 150- b. sack; Idaho russet. [email protected] per 100-lb. sack. By United Press _ CINCINNATI. 0.. Dec. 19.-Butr Steady; creamery in tub lots according to score, 28®31c; common score discounted. I j 3c: packing stock No. 1. 25c; No. 2 15c; No. 3.10 c; butter fat. 24@36c. Eggs— Lower; cases included extra firsts 31c; firsts. 24c; seconds, 22c; nearby ungraded. 2.c. Live Poultry—Thin and coarse stock sells only at heavy discount. Fowls. 5 lbs. and over. 17c: 4 lbs. and over. 15c; 3 lbs. and over. 13c; leghorns. 3 lbs. and over. 13c. roosters. 134; capons. 8 ibs. and over. 30e. under $ lbe.. J6c; slips 21*; stags. 16c: colored fryers, over 3 !hs„ 21c; over 2 Jbs.. 31c; broilers, colored, l* Ibe. and rn.tr. lie: broi'er*. psrtiv feathered. IScßieghorn and Orpington fners. e'er 2 lbM. 15c: roasting Chickens * lbs and over.jMc. black springers, 13c. - M ■

• By Tbomaa & McKinnon) -

Cal Pkg 45H 44* 45* 45 Can Dry 34* 33 34 34 Childs CO 26 25* 257a 257* Coca Cola 147* 145 147 146 , Cont Baking A 20 Corn Prod 73 71 72 73 Crom Wheat 277* 28 Cudah- Pkg.. 40 39* 40 39* 1 Gen Foods 49* 47* 49* 47 s * Grand Union 10 s * 11 Hershey 86 Jewel Tea 39* 39 Kroger 20* 20* 20* 20* Nat Biscuit 78* 76'* 78 77* I PlUsburv 27 26* 27 27* Safeway St... 477* 45’a 47* 46* Std Brand .... 167a 16* 16* 16* Ward Bkg 4 4% j Drugs— Cotv Inc 8* 8* 8* 8* Lambert Cos . 78* 77* 77* 77* Lehn & Fink.. 34'* 24 24',? 24 Industrials— Am Radiator... 17* 16* 17 17 Bush Terms 24 2074 Certalnteed .... 2* 2* 2* 2* Gen Asphalt... 2474 24 24* 24* Lehigh Port 12* Otis Elev 54*4 53 54 53 Indus Cbems— ? Allied Chem 188* 184 188* 185 Com Solv 16* if* 16* 157* Union Carb 57* *s* 57* 57 U S Ind Alco . 50* 57 58 59* Retail Stores— Assoc Drv Gds 22 Gimbel 8r05.... 574 5 5 5 Kres.ee S S 26* 26* 26* 26;.* May D Store . 31* 28* 30 28* Mont Ward 19 18 18* 18* Penny J C 91* 30'4 30* 31* Schulte Ret St.. 4'/a 4 }'/ 4 Sears Roe 50 * 48 * 49* 49 V? Wool worth ...... 5774 55 Vi 567 a 56 Amusements— Bruns Balke ... 10* 10* Col Graph 8* 8* 8* B'i Croslev Radio.. 5 4'/? 4'/2 4* Eastman Kod .1547? 1507a 153* 151* Fox Film A.... 29* 27 29 28'4 Grigsby- Gru ~ 3* 3* 37? Loews Inc 49 4d’b 48 ft ß * Param Fam.... 3974 36* 39* D7* Radio Corn ... 14* 73* 13* 13* R-K-O 17* 16 17 If 1 /? Schubert 5 474 5 5 Warner 8r05... 15* 12* 1474 1374 Miscellaneous — Airway Add 8* 8 8* 8 City Ice & Fu.. 36 35 36 35 Congoleum .... 674 6* 6* 7 Am Can 1113* 111 112* 111* Cont Can 49* 47* 49* 47* Curtiss Wr 2’s 2* 2’. 2* Gillette S R... 24’:. 22’i 23 24* i Real Silk 38y? 28* 28'/? 28’a ! Un Areft 24* 21’-a 24 22* j

Dow-Jones Summary

LONDON—New York cables opened at 4.85 23-32 against 4.85 74: Paris checks. 123.60; Amsterdam. 12.062; Italy. 92.765; Berlin. 20.362. American Zinc Lead and Smelting has omttted the $1.50 quarterly dividend o~ common and preferred due at this time. United Porto Rican Sugar Company declared regular quarterly dividend of j 87* cents on common participating pre- ' ferred, payable Jan. 1, record Dec. 53. Middle West Utilities Company declared regular quarterly dividend of 2 per cent in common on common, payable Feb. 16, record Jan. 15. Economy Grocery Stores Corporation declared 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 53.20 a share as against $4.53 a share In like 1929 period. November net $269,177 after depreciation, taxes, etc., against $266,069 in November. 1929. Declared regular quarterly dividend of 75 cents, payable Jan. 2. record Dec. 22. Farm board paying 3 per cent Interest on money borrowed by stabilization corporations amounting to $261000.000 on wheat and $49,000,000 on cotton. Freeport Texas Company declared regular quarterly dividend of sl. 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 Feb. 1. record Jan. 20. ! Dictograph Products Company declared I a quarterly dividend of 25 cents, pavable Jan. 15. record Jan. 1. This is at same I rate as had been paid prior to deferrlnr 1 of the dividend.

In the Cotton Markets

(By Thomson & McKinnon) NEW YORK, Dec. 19.—The cotton market was handicapped by poor cables this morning and opened 10 or 12 points lower. Selling orders from Liverpool and pressure extended by local traders failed to reduce opening prices more than 1 or 2 points down on the day. For .some reason unknown to us the granting of additional funds to the farm board is considered bearish by some of the trade, or perhaps it was Legge’s statement that the secretary of agriculture should have more supervision over the trading on commodity exchanges. Whether it is wise or not we do not pretend to say, but certainly we see nothing in it to hring about lower prices. We are friendly to cotton because it can not be produced profitably at these prices, and would rather trust in an adjustment brought about by natural laws than to opinions based upon facts that have been known for a long time. CHICAGO , High. Low. Close. January 9.84 9.69 9.80 March 10.10 9.92 10.02 May 10.39 10.17 10.32 July 10.59 10.40 10.53 October 10.75 10.63 10.72 December 9.63 NEW ORLEANS High. Low. Close. I January ; 9.75 9.59 9.70 I March 10.00 9.82 9.92 I May 10.30 10.07 10.22 July 10.52 10.30 10.43 | October 10.68 10.52 10.61 I December 9.64 9.52 9.64 NEW YORK High. Low. Close. January 9.60 9.51 9.60 March 10.02 9.85 9.90 I May 10.29 10.08 10.19 i July 10.53 10.32 10.43 October 10.70 10.50 10.57 December 9.65 9.48 9.59

In the Stock Market

(Bv Thomson & McKinnon! NEW YORK. Dec. 19.—Activity in the real shares featured an otherwise comparatively dull stock market. Net results for the day were unimportant, prices fluctuating irregularly as the market apparently was attempting to recover its poise following its recent violent action. The strength in the rails was a particularly welcome development and appeared to be predicated upon the progress which is understood to have been made toward bringing the important eastern trunk lines together on merger plans of the eastern belt. The fact that the New York Central placed a large equipment order indicates that this carrier is looking forward optimistically and anticipating future requirements. Proving helpful to sentiment i probably second only in importance I to the recovery in stocks has been 1 the strength in the bond market. Financial observers claim that savings banks and insurance companies, attracted by the unusual yields, have placed large orders for high-grade bonds. Naturally, the possibility of a reaction and belated liquidation developing upon such a vigorous upturn in stocks makes for some slight hesitancy. However, based upon the deflated condition of brokers’ loans, the technical position of the market appears to be unusually strong. The action of .-the market today reflects at least nr. easier and more normal feeling than for seme iirne A

THE INDIANAPOLIS ‘ TIMES

FRESH BUYING SENDS PORKER PRICESJIGHER Slaughter Classes Dull in Cattle Trade; Veals Sell Down. HOGS Dec. Bulk. Earlv Tod. Receipts. 12. $8.15$ 8.25 $8.25 5,000 13 8.15$ 8.30 8.30 3.500 15. 8.15$ 8.30 8.35 7.000 16 8.15$ 8 30 8.40 8,000 17. 8.15$ 8.30 8.30 7,000 18. 8 00@ 8.20 8.20 7.000 19. 8.15$ 8.30 8,35 5,000 Hogs showed signs of fresh buying 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. Re- j ceipts were 600. Vealers sold off i 50 cents to $1 at $10.50 down. Calf i receipts numbered 500. Sheep were steady at $8 down. Receipts were 500. Chicago hog receipts were 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 $7.75 to SB. Cattle receipts were 2,700 and calves 1,000; the market strong. Sheep receipts, 11,000; market strong. HOGS Receipts. 5,090: market, higher. —Light Lights—-(l4o-160) Good and choice ...$ 8.15® 8.25 —Light Weights—-(l6o-180) Good and choice... 8.30® 8.35 | (108-200) Good and choice 8.30@ 8.35 —Medium Weights—--1200-220) Good and choice... 8.35® 8.30 (220-2501 Medium and g00d... 8.20@ 8.30 —Heavy Weights—-(2so-280) Good and choice... 8.15$ 8.20 (290-350) Good and choice... 7.90® 8.20 —Packing Sows—-(27s-500) Medium and good ... 6.50$ 7.25 (110-130) Slaughter pigs P.oo® 8.15 CATTLE (Slaughter Class) Receipts. 600; market, steady. Good and choice sll.oos 13.50 Common and medium 6.75®11.00 (1.100-1.500) Good and choice 10.50513.00 Medium 7.00@ 10.50 —Heifers—-(soo-850) Good and choice 8.50511.50 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® 4.00 —Bulls (yearlings excluded) Good and choice beef 4.50® 6.25 Common and medium 4.50® 6.50 CALVES AND VEALERS Receipts, 500; market, lower. Good and choice slo.oo® 10.50 Medium 6.00®10.00 Cull and common 4.00® 6.00 —Calves—-(2so-300) Good and choice 6.00® 9.50 Common and medium 4.00® 6.00 STOCKERS AND FEEDER STEERS Good and choice $ 6-50® 8.50 Common and medium 4.25® 6.50 (800-1.5001 Good and choice 6.50® 8.50 Butter, common and medium.. 3.00® 4.50 SHEEP AND LAMBS Receipts, 500; market, steady. Good and choice $7.50® 8.00 Common and medium “ 5.50@ 7.50 —Ewes— Medium and choice 2.50® 3.75 Cull and common I.oo® 2.a0 Other Livestock By United Press CHICAGO. Dec. 19.— Hogs—Receipts. 23.000; including 9,000 direct: fairly active, strong to mostly 10c higher; top. $8.15; bulk. 130-200 lbs.. $7.90®8.10; 220-300 lbs.. $7.75®7.90: pigs. $7.75®8.10: packing sows, $6.75®7.25: light lights. 140-160 lbs., good and choice, $8®8.15; light weight. 160-200 lbs., good and choice. $7.90®’8.15; medium weights. 200-250 lbs., good ahd choice. $7.75®8.05; heavy weights. 250-350 lbs., good and choice. $7.55®7.85; packing sows. 275-500 lbs., medium and Rood. $6.65<a7.25: slaughter pigs. 100-130 lbs., good and choice. [email protected]. Cattle—Receipts, 2.700, calves. 1.000; fed steers and yearlings slow .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. [email protected]: 900-1100 lbs good and choice. $10.25514.25; 1000-1300 bs„ good and choice: slo® 14: 1300-1500 lbs., good and choice. $9.25®13.d0; 600-1300 lbs., common and mediuin. $6.505:10.25: heifers, 550-850 lbs., good and choice, [email protected]: common and medium, $5 @8.50: cows, good and choice. [email protected]; common and medium. [email protected]: low cutter and cutters. s3® 4: bulls, yearlings, excluded, good and choice beef. $5 @6.25: cutter to medium, $4 ©5.75; vealeTS. milk fed. good and choice. $7.50®10: medium. [email protected]: cull and common. [email protected]. Stocker and feeder cattle—Steers. 500-1050 lbs., good'and choice, s7®9; Common and medium. $5.50 z/7. Sheep—Receipts. 11.000: mostly steady: good and choice fat lambs. $7.75®8 to packerc: choice kinds bid. fab native ewes. $3®3.50. Slaughter sheep and lambs—Lambs. 90 lbs. down, good and choice. [email protected]: medium. $6®7.25- all weights common. ss@6: ewes. 90-150 lbs., medium to choice. [email protected]; all weights, cull and common. [email protected]; feeding lambs, 50-75 lbs., good and choice. [email protected]. By United Press PITTSBURGH. Dec. 19.— Hogs—Receipts. 3.000; market steady. 10c higher; 140-240 lbs.. $8.5£>@8.60; 250-300 lbs.. [email protected]; 140 lbs.. $8.25®8.50: medium to good cows. $6.75® 7.25. Cattle Receipts. none; market, nominal. Calves—Receipts, 150; market, slow; weak to lower. Sheep—Receipts. 1,500; market, mostly steady; better grade fat lambs. [email protected]: heavyweights, $6.50 ®7; aged wethers up to $1.25. By United Press EAST BUFFALO. N. V.. Dec. 19.—Hogs— Receipts. 2.100: holdovers, 300; market, active, steady to 10c higher; bulk desirable 130-190 lbs.. $8.7508.85: 210-240 lbs.. [email protected]; 250-300 !bs.. [email protected]; pigs I auoted. $9: packing sows, [email protected]. Cat-tle-Receipts. 200:. mostly cows, steady. | common heifers. $6.25; beef cows. 5d.25; ! cutter grades. $2®3.75. Calves—Receipts. ! 600; vealers. unchanged sl2 down. Sheep —Receipts. 2.700: lambs, active, steady to j mostly 25c higher, good to choice natives and fed western 95 lbs. down. [email protected]; mixed offerings. $858.25: medium kinds [ and strong weights. $7.75; threwouts. $6.75. I By United Press CINCINNATI. 0., Dec. 19.—Hogs—Re- ! ceipts, 3,100: holdover. 200; market, unj evenlv strong. 10@20c higher; better grade 160-200 lb. averages. $8.60; 200-230 lbs.. 58.50; some interests bidding $8.40 or 1 below on these weights, some 240-260 lbs., i [email protected]; light lights, strong to 25c higher; mostly $8.25 on 120-150 lbs.; sows I steady; bulk $6.75: few light weights. $7. ! Cattle—Receipts. 225; holdover 510; calves, ; 300: general’? steady, odd lots lower grade steers and beifers $5.50®7.75; some bet- ! ter kinds, s7@B: sprinkling of yearlings i up to $11; most beet cows $4.7505.50; low cutters and cutters active; strong to 25c 1 higher; bulk, [email protected]; bulls. $5.75 • down; vealers opened 50c lower; late trade. sl. off; good and choice largely s9® 10; early sales up to $10.50; lower grades, $8.50 down. Sheep—Receipts. 800; about steadv on all classes: better grade handv weight lambs, mostly common and medium, [email protected]; fat ewes, s2®3. By United Press EAST ST. LOUIS, H!., Dec. 19.—Hogs— Receipts, 7,000: market, 5-15 c higher: top, $8.35; most 130-270 lbs. sßs 8.25; 100-130 $708.10; packing sows, $6.7507. CattleReceipts 700; calves. 300; market, few steers oh sale; some deals steady; good and choice vealers 25c lower at $10.25; Other classes steady; cows $4.2505: low cutters, $2.7503; medium bulls, s4®s. Sheep—Receipts. 1.500; market; choice lambs to city butchers. 25c higher at $8.25, packers talking steady; common throwouts $5®5.50; fat ewes, $3.50 down. By United Press , CLEVELAND, 0.. Dec. 19.—Hogs—Receipts. 1,000; holdover, none; mostly steady; spot 10c higher on weights 200 lbs. down at $8.50 top: some heavier weights 10c lower a* $8.25®8.30; load to 267 lb. average at inside. Cattle—Receipts. 100; mostly steady, low on steers, cutter cows. s3®4. Calves—Receipts. 250; steady to 50c lower; decline showing on offering 10 upward; culls downward to $3 and under, steady: bulk good to choice vealers. $11.50012. Sheep—Receipts. 1.000, steady or $8.25 0 8.75 on good to choice lambs; throwouts mostly $607; choice 169 lb. ewes. $3.50, strong. Ay Times Special LOUISVILLE. Dec. 19.—Hogs—Receipts, 800; market. 10c higher: 325 lbs. up. j si.6o; 175 to 325 lbs., $8.20; 130 to 175 ; lbs.. $7.80: 130 lbs. down. $7.10: roughs. $6.55; stags. $5.55. Cattle—Receipts. 100: market steady; prime heavy steers $8.50® 10.50: heavy shipping steers. $7.25©8.50: medium and plain steers. 5657.25; fat ; heifers. $4.5009.50: good to choice cows, ; $405.50; medium to good cows. $3.5004; cutters. $303.50: canners. $2®2.75; bulls, j $3.50®5.25; feeders. $607.50; stockers, s4a7. Calvea—Receipts. 200: market. 50c lower- good to choice, $658: mediums I $4.5006: common to medium. $3-5.4. Sheep—Receipts. 50: market, steady; ewe and wether larftbs. $7.50; buck lambs, $6.50: eeonds. S4O 4,50; clipped sheep. s2@3. Thursday’s shipments: Cattle, 37; calves, none, hogs, 154. sheep, none. , -

Chicago . Stocks

(By James T. Hamill & Cos.)“

v —Dec. 19— (By James T. Hamill & Cos.) HigU. Low. Last. Adams Mfg 20 Allied Motor Ind 1* 1* l', Amer Equities 5 Art Metal Works 4 3* 4 ASaoc Telephone Util .. 19* 18* 19 Banao Kentucky '• .. Bendix Aviation 18 17* 11* Borg-Warner 19* 17* 19 Butler Bros 5* 5 5* Ceco Mfg Cos N4N4N44N 3 2* 3 Cent HI Securities 22* ... Cent Pub Serv Class ‘A’ 13* 13* 13* Cent &'Bo West 16 15* 16 Cities Service 15’$ 15* 15* Club Aluminum 3* Commonwealth Edison..22l 220 221 Const Materials pfd..., 31 30 31 Continental Chicago .. 6* 6* 6* Conti Chicago pfd 36* 35* 36 Cord Corp 6* 5* 5* Corp Securities 15 14* 15 Corp Securities ctfs ... 47 45 46 Electric Household .... 25 21 25 Gen Theater Equip .... 8 7* 8 Gleaner 6* 6 6* Orlggsby Grunow 3* 3* 3* Hart Carter pfd 10 9'* 10 Houdaille Hershev “A”. 11* 10 11* Insull Util Invest 31 * 29* 30* Insull Ut In pfd ex-war 74* In Ut Inv pfd 6*6s ’4O 83 82 82* Iron Fireman 15* 15 15* Kellogg Switch com 4 3* 3* Ken-Rad Tube & Lamp 3 ... ... Keystone Steel 10* Libby McNeil 9* Lion Oil Refining C 0... 6 5* 5* Lynch Corp 13 Majestic Household Util 6 5* 5* Manhattan-Dearborn .. 18* 17* 18 Marshall Field 28* 28 28% Middle West Utilities.. 17* 16* 17* Midland United 17* 16* 17* Missouri-Kansas Pipe L 5* 5% s'/? National Electric Pwr A 20* ... National Securities Inv s’, 5* 5* Natl Securities Inv ctfs 68 National Standard .... 25* 24* 25* Noblit.t-Sparks Indu Inc 37* 37 37* North American Car... 27* 27 27* Parker Pen 17 Pines Winterfront .... 16 Reliance Mfg Cos 7 Ross Gear 21V? Ryerson & Son 25 Seab Utilities Shares... 3* 3* 3* Suner-Maid 5 swift & Cos 27* 27 27* Swift International .... 33 32* 33 U S Radio & Tel 14* 13* 14 Utah Radio 2* Ut Pow & Li N V.... 5* 5* 5* Utility & Ind 15* 15 15* Wextark Radio 1* l* 1* Wieboldt Stores 13* 13 13* Zenith Radio 2*

New York Bank Stocks

(By Thomson & McKinnon) —Dec. 19Bid. Ask. America 59 62 Bank of United States .... X* 2* Bankers 103* 106* Brooklyn Trust 460 475 Central Hanover 219 224 Chase National 86 90 Chatham Phoenix Natl ... 72 73 Chemical 45 50 City National 90* 93* Corn Exchange 11l 115 Commercial 255 270 Continental 16* 19* Empire 47 50 First National 3,525 3.725 Guaranty 435 438 Irving 32* 34* Manhattan & Company ... 80 83 Manufacturers 31* 33* New York Trust 145 150 Public 55 56 Chelsea 10 IS

Indianapolis Stocks

_ —Dec. 19— Sid. Ask. American Central LI Inc Cos. 1.000 Belt R R & S Yds Cos c0m.... 48 51* Beit R R Yds Cos ofd 53 Central Indiana Pw Cos pfd 7s 77 85 Bobbs-Merrill Cos 25 Circle Theater Cos com 7s 103 Citizens Gas Cos com 10s .... 24 Citizens Gas Cos pfd 5s 98 103 Commonwealth Un Cos pfd 7s 96 101 Commonwealth Ln Cos pfd ...100 Hook Drug Cos com 15 ... Indiana Hotel Cos Clapl c0m.125 ... Indiana Hotel Cos pfd 6s 101 Indpls Gas Cos com 6s 56* 61* Indpls Pw-r & Lt Cos pfd 6*S. 98 102 Indpls Pu Welf L Assn com 8s 51 Indpls Water Cos pfd 5s 101 Interst Pu Ser Cos pr li pfd 6s .. 90 Interst Pu Ser Cos pr li pfd 7s 97* 102 Metro Loan Cos 8s 100 North Ind Pub Serv Cos pfd s*s .. 95 North Ind Pub Serv Cos pfd 6s .. 100 Northern Ind Pu Sv Cos pfd 7a.105 110 Prog Laundry Cos com 31 E Rauh & Sons Fertii Cos pfd 6s 47 Terre Haute Lt & Pwr pfd.. 67 Union Title Cos com 5s 30 34 Van Camp Prod Cos Ist pfd 7s .. 94 Van Camp Prod Cos 2d ofd Bs.. .. 100 Auburn Automobile Cos com.. 109* 111* Backstay Welt Cos com 10* 19 Ind Pipe Line Cos 15 7 Link Belt Cos com 28 JO Lynch Glass Machine Cos com. 12 14 Mead Johnson & Cos com .... 69 71 N Y Central Railroad Cos 115* 117* Nobiitt-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 ... Broad Ripple Trac Cent Ind Gas Cos 5s 98* ... Cent Ind Gas Cos 5s ........ 98 ... Citizens Street Railroads 55.. .. ... Hon-e T & T of Ft. Wayne 6s. 101* ... Ind Railway & Light Cos 55., 92 Indpls Pwr & Lt Cos 98(4 100 Indianapolis Gas Cos 5s 99* 101% Indpls & Martlnsv Ra Hr Cos 5s 15 Indpls & Northw Trac Cos 55.. 5* ... Indpls St Ry 4s 7.... 9 13'/? Inpdls Trac & T6m Cos a5.... 54* 59 Union Ry 100 Indpls water 5s 98 Indpls Water Cos s*s 103 105 Indpls Water Cos s*s 103 104* Indpls Wa Cos Ist lien & ref 5s 98 Indpls Water Cos 4*5 96 Indpls Water Works Sec Cos 5s Interstate Pub Serv Cos. 4*s.. 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 & —Sales—--1 Shore, Union Title Cos com 5s @ 29 Marriage Licenses. Harry Reynolds. 23. of 2209 North MerLdl2?:.la,i?orer ,' and Temple M. Mason, 21, of 2345 Caroline. Leno I. Faucett 23. of Kirklin, Ind,. clerkj and Hazel Williams. 26, of 24 North Robert I. Boyer. 25, of 5752 East Washington, manager, and Mary L. Pierce. 23. of 3510 North Pennsylvania. Roland C. Treevs. 33. of Chicago, salesman. and Martha H. Jacobs 21, of 502 North Pine. Price Reductions Announced By United Press CHICAGO, Dec. 19.—Price reductions ranging from 6 to 18 per cent were announced today in the 1931 sales catalogue of Sears, Roebuck & Cos., which serves 12,000,000 retail customers yearly through its mail order and retail stores departments. Other Livestock By United Press TOLEDO. 0.. Dec. 19.—Hogs—Receipts. 450: market .5 to 10c lower: heavies. $7.80 07.90: mediums. $7.8008: Yorkers. $7.75® 8: nigs. *7.90®8. Cattle—Receipts, light: market, steady. Calves—Receipts, ilght: market, steady. Sheep—Receipts, light: market, steady.

BCHINAWARE I GRANITEWARE dH| i | Lowest Price in City glj - PRICES REDUCED ON MANY USEFUL GIFTS FOR THE HOME ■ • ALUMINUM MIXING BOWL CUPS AND SAUCERS PERCOLATORS SETS. 5-PIECE „ _ . , . Regular 10c Values, r ”,29c *■",, -• •" 5c 7 . PC DESSERT SETS K ROASTERS PFRrmATORs 60c Value—NOW ...35c Special 17C J® 7-PC. CAKE SETS Reg.' vaioe Lor. ... .49c 75c Vaiue-NOW ...40c !A quantity of grantteware constating of double boilers, stew pots, tea kettles, buckets, etc. In all the papular sizes and colors. These are slightly factory blemished, but are perfect ln construction. While They Last These Will Be Sold at 50% to 75% Below Regular Value BOSTON CHINA STORE Everything for the Kitchen 217 v 5. Washington St—Opposite Courthouse : Open TUI 9:00 P. ML i

GRAIN FUTURES ! REGAIN LOSSES IN LATE DEALS Short Covering Carries July Wheat Above Early Low Levels. Sy United Press CHICAGO, Dec. 19.—A sharp, closing rally brought July wheat above the previous close on the Board of Trade today and it finished an erratic day with a moderate setback. Early liquidation had sent July to anew low for the season in sympathy with the new seasonal lows set at Liverpool and Winnipeg. The late buying was largely evening up and found offers limited, but selling on the bulge sent prices back with moderate losses. Short covering in com at the close boosted prices and that pit finished strong. Oats alone showed good strength and were firm. At the close wheat was Vs cent lower to % cent higher, July wheat % cent lower, corn was unchanged to % cent higher and oats were % to % cent higher. Provisions were sharply higher, shorts in December lard being caught in a squeeze. May com fell to anew low for the season and the other months were within a small fraction of the seasonal bottom early. The selling whs general on the weakness in w r heat and the heavy movement, especially to Missouri river points. At mid-session com prices were moderately up from the inside, showing Vs to *c lower, but there was no rallying power in evidence. Buying on resting- orders helped check the decline, but locals were bearish and pressed steadily. Cash prices were % to lVic lower. Receipts were 161 cars. Oats were firmer than the other grains and unchanged to Vsc lower at mid-morning, the change not being of any great significance. Trading was at a low ebb. Cash prices were V to %c higher. Receipts were 20 cars. Chicago Grain Table —Dec. 19WHEAT— . Prev. Open. High. Low. Close, close. Dec (old) .76’/* .77 .76% .76* .77 Mra (old) .79* .79* .79* .79* .79* (newt .79* .79* .79* .79* .79* May (old) .81 .81* 81 , .81 .81 (new) .81* .81* .81* -ft!/’ •§!!'? July ..... .67* .69 .67* .68* .68* CORN— Dec (old) .66* .68* .66* .67* .67* (new) .66* .67* .66* .67* .67* Mar (old) .70* .71% .70* .71* .71% (new) .70* .72% .70% .72 .71* May (old) .72* .73* .72 , .73% .73 (new) .72* .74* .72* .73* .73* July 73* .75* .73* .74% .74% OATS— Dec (old) .31% .32* .31* .33* .31* aMr (old) .32* .33% 32% .33% .32* (new) .32* .33* .32% .33’* .33* Mav (old) .33% .34% .33% .34% .33V? ' (new) .33* .34% .33* .34% .33* July 32* .33% .32* .33* .32% RYI/—~ Dec (old) .44* .46* .44* .46* .45* (new) 46* Mar (Old) .43'/* .46* .43Vi .46* .44% (new I .43* .46'. .43% .46* .44% May (old) .44% .46% .44* .46% .45* (new) .44* .46* .44* .46% .45% July ..... .44* .46% ..44 1 8 .46% .45* LARD— Dec 10.07 10.35 10.07 10.27 9.97 Jan .... 9.15 9.22 9.15 9.22 9.07 Feb .... 9.07 8.95 Mar .... 9.07 9.12 9.07 9.07 8.95 May 9.15 9.22 9.15 9.17 9.07 BELLIESJan 11.20 11-25 May .... ..... ..... ..... 11.62 11.62 July .... 11.85 11.87 B.y Times Special CHICAGO. Dec. 19.—Carlots: Wheat, 25; com. 159; oats, 24; rye. 0, and barley. 10. By Times Special CHICAGO. Dec. 19.—Primary receipts: Wheat. 1,069.000 against 724,000; corn. 1,213,000 against 725,000; oats. 233.000 against 196,000. Shipments: Wheat. 377,000 against 517,000: corn. 452.000 against 489,00 q; oats, 187,000 against 199,000. By United Press CHICAGO. Dec. 19. —Cash grain close: Wheat—No. 1 hard, 79c. Corn—No. 3 mixed, 66®66*c; No. 4 mixed. 63*®65*c; No. 5 mixed. 62®63*c; No. 6 mixed. 58® 60*c: No. 2 yellow, 69c: No. 3 yellow. 66® 66*c: No. 4 yellow, 64'/4c; No. 5 yellow. 62063*c; No. 6 yellow, 60@61*c; No. 3 white. 70c; No. 4 white. 67c; No. 5 white. 62*@65*c; Sample grade 56®60*c. Oats —No. 2 white, 33'Ac; No. 3 white, 32'A® 32*c. Rye—None. Barley , 47 0 69c. Timothy—sß[email protected]. Clover—sls® 22.75. By United Press TOLEDO. 0.. Dec. 19.—Grain close: Wheat-No. 2 red. 86 0 87c. Corn—No. 2 yellow, 75*®76*c. Oats—No. 2 white, 37 ®3Bc. Rye—No. 2,70 c. Clover—Domestic prime old. $14.50; prime new, sls; prime choice new $15.35: prime choice old, $14.80; December. sls; February. $15.35; March. $15.50. A-lsvke —Cash. $13.75: December. $13.75: March, $14.25. Butter Fancy creamery. 32©33c. Eggs—Country run, 25 ®2Bc. Hay—Timothy,. $1.75 cwt.

Cash Grain

—Dec. 19— The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b.. basis 41 *c New York rate were: Wheat—Steady: No. 1 red. 76@78c; No. 2 red. 74®76c; No. 2 hard. 72®74c. Corn—Weak: No. 4 white. 62®64c; No. 5 white. 58*®60*c: No. 4 yellow. 60®62c; No. 5 yellow, 58®60c: No. 4 mixed. 56® 58c: o. 5 mixed. 54®56c. Oats—Firm: No. 2 white. 30*@31*c; No. 3 white. 28*®29*c. Hay—(F. 6. b. country points taking 23*c or less rates to Cincinnati or Louisville.) Steady: No. 1 timothy, *l6® 16.50; No. 2 timothy. $15@16; No. 3 timothy. sl3®T4; No. light clover mixed. sl6® 16.50; No. 1 clover mixed. $16.50®17; No. 1 clover hay, $17.50® 18. —lnspections Wheat—No. I red. 2 cars: No. 2 red. 1 car; No. 1 hard, 4 cars; No. 2 hard, 2 cars; No. 3 hard, 2 cars; No. 2 mixed, 1 car. Total. 12 cars. Corn (new)—No. 4 white. 9 cars; No. 3 yellow, 19 cars; No. 4 yellow, 38 cars; No 5 yellow, t cars; No. 4 mixed. 3 cars; No. 5 mixed. 3 cars; sample mixed, 1 cars. Total. 81 cars. Oats—No. 1 white. 1 car; No. 2 white, 5 cars. Total, 6 cars. New York Liberty Bonds —Dec. 19— 3*s 101.26 Ist 4(4s 102.28 4th 4(is 103.18 Treasury 4(4s 112.12 Treasury 4s 108.11 Treasury 3%s 106.14 Treasury 3%s of ’47 102.17

fTICKEM

Start at any point on tfie afcove dta* gram and trace over all the lines without lifting jour pencil from the paper. It is not permissible to pas* along any line twice. Several ways are possible.

Answer for Yesterday

m |1 n7j ht n~ ' 6 "Hi .2 12 j 3 1 T J ten The numbers in the diagram above show one way how nine squares can be marked so that no two marked squares are in the same line, vertically, horizontally or diagonally.

DELAY LIKELY ON BiLL FOR CLARK MEMORIAL Early Action on Funds Increase Improbable, Vestal Says. By United Press WASHINGTON, Dec. 20.—’There is little likelihood of early house action on the Vestal bill to provide an additional $750,000 for construction of a memorial to George Rogers Clark at Vincennes, Ind., Representative Luce (Rep., Mass.), chairman of the house library committee, said today. No committee hearings on the bill have been set for this session, Luce said. A similar measure passed by the senate also is before the committee. Considerable opposition has been Indicated. A bill appropriating $1,750,000 for the memorial was passed by the senate last session, but the figure was cut to $1,000,000 by the house. This measure later became a law. Representative Vestal (Rep., Ind.) then introduced the bill now pending which would increase the appropriation to the figure provided in the senate measure. BLAST WRECKS HOME: TWO CHILDREN KILLED Mother Seriously Injured When Explosion Lifts Roof From Building. By United Press CHICAGO, Dec. 20—Two children were killed and their mother seriously injured when an explosion, believed caused by gas, lifted the roof off a one-story brick building today and started a fire that destroyed all but the walls of the structure. Jerome Israelson, 5, and his brother Homer, 4, were burned to death. Their mother, Dora, was rescued by Jacob Kratisek, who was passing at the time of the explosion. Her injuries probably will prove fatal.

Sensational Radio Sale Just in Time for Xmas! Gfontone /u 313 W New Screen-Grid Rgtfo $39.50 Jt' £ 90 Days’ Free Service Screen-Grid Tubes Walnut Cabinet / iIH Complete CA " ith Tubes ' X Beautiful cabinet, oa.n be car- . VV> 6 ried from room to room. EinSSV\\\ / m -mSB ished in deep rich shaded tfbes E times the price. Tift wm —No Interest AR —No Corryin? Char.ca Across From the Courthouse

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 iLßrcHi* American National Bank

.DEC. 20, 1930

BUILD MURDER i CASE AGAINST SCARFACE AL Evidence Being Gathered in Effort to Send Capone to Chair? By United Press CHICAGO. Ijec. 20.—Evidence is being gathered against Scarface A1 Capone in an attempt to send him to the electric chair on a murder charge, it was learned today. Pressing the inquiry is Judge John H. Lyle of the municipal court. "Capone has become almost * mythical being, but he isn't a myth —he's a reptile,” Judge Lyle told the Chicago safety council Thursday night. “He deserves to die. and he will if we can help.” Judge Lyle disclosed that the vagrancy warrant he issued against Capone is intended to bring the Chicago gang leader into custody for efforts to indict him in connection with two gang murders. The state attorney's office confirmed Lyle's announcement. One assistant has been assigned to $;- semble evidence against Capone on which to charge him. when and it he is arrested, with slaying Joseph Howard, another gangster, in a saloon in 1924. The vagrancy warrant against Capone has not been served, it. was indicated, because of a desire to strengthen the chances of an indictment. The unsolved murder of Big Jim Colosimo. whose leadership in the underworld passed to Capone, also is being investigated. The state attorney’s office revealed the new hope o! trying Capone on murder charges was based on a belief that witnesses who would not talk in 1920 when Colosimo was slain and others who were mute in 1924 when Howard was killed would testify now. DIES IN ’CHUTE LEAP Fckker Plane Designer Jumps When Motor Trouble Develops. "WASHINGTON. Dec. 20.—Stephen A. Forberger, project engineer for the Fokker plane manufacturers, was killed lately in a parachute leap from a plane of his own design when motor trouble developed The pilot. Lieutenant Harrison G. Crocker, brought the plane to a .safe landing without knowing hia passenger had jumped. RAW SUGAR PRICES —Dec. 19— Hißtl. Low. Close. January ••••••••••••* 1.22 1.18 1.18 March 1-30 1.28 1.28 Mav 1.. 1.38 1.35 138 July ••••••• 1.46 1.43 1.43 Sentembei 1 52 1.50 1-5 J December (new) 1.60 1.57 1.5S

WHITE VALLEY RETREAT A Sanitorium for LIQUOR AND DRUG ADDICTS Homelike Atmosphere and Hospital Efficiency NO VIOLENT METHODS Reasonable Rate. Information Upon Request 883 E. Washington St. Phone 345 Martinsville, Indiana “The City of Healing Waters”