Indianapolis Times, Volume 42, Number 201, Indianapolis, Marion County, 31 December 1930 — Page 14

PAGE 14

BUYING ORDERS FORCE FUTURE TRADESHIGHER Bullish Reports and Crop News Sends Wheat Options Up. By United Press CHICAGO, Dec. 31. —Wheat [jumped sharply higher on the Board of Trade at the opening on buying inspired by the strong foreign markets and the constructive statement made by Premier Bennett. Trade was light but few selling orders were in sight. Liverpool was very firm, largely on the higher market and exchange rate in Argentina. Southern hemisphere conditions continue bad, with heavy rains delaying the harvest and injuring the crop quality. Corn was buoyed up by th“ lighter pressure and advanced easily. Oats were very dull land quiet but firm. Liverpool Higher At the opening July wheat was %% cents higher, the old crop months being % cent lower to % cent higher; com was % cent to 1% cents higher and oats were % cent to cent higher. . Provisions were steady. Liverpool was higher than expected and advanced to 1% to 1% c higher at mid-afternoon. Buenos Aires closes at noon today and was =ic up shortly before the close. Winnipeg July and Kansas City July sold on even terms Tuesday, putting the latter on an export basis. This leads many traders to believe that the turn in the long decline has come. • Com Stronger Premier Bennett’s statement Tuesday night was viewed as constructive, at least as far as Canada was concerned. It centers on a combine of moneyed interests to establish a revolving fund for the use of the farmers. No fixed level was set, Premier Bennett stating that “it would be unwise to fix a price as Canada could not hope to absorb its surplus on a purely domestic basis.” Corn has strengthened on the continued good cash demand and the light receipts. Local industries ■which have been out of the market for the last few days are expected to return after the turn of the year. Oats trade has been dull and the fluctuations wholly guided by the trends in the other pits. Chicago Grain Table —Dec. 31— WHEAT— „' Prev. High. Lo\ 11:00. close. Dec 77 .78% .76% .76% Mar 80 .79 .80 .79% May 81% .81 Vi .81% .81 Vi July 64 .63% .63 3 s .62% CORN (old) Dec 64 .63% .63% .62% Mar 67% .66% .66% .66% May 69% .68% .68% .68% July 70% .69% .69% .69% OATS (Old) Dec 31% .31% .31% .31% Mar 32 .32% May .32% .32% .32% .32% July 32 RYE (Old) Dec 41% .41% .41% .41 Mar 41% May 42% 42% .42% .41% LARD— Dec 8.85 8.85 8.80 May 8.95 8.92 * 8.92 8.95 £,y Times Special CHICAGO. Dec. 31.—Carlots: Wheat, IS; corn. 59; oats, 16; rye. 0. and barley. 4.

v Local Wagon Wheat

City grain elevators are paying 69c for No .1 red wheat and 66c lor No. 1 hard wneat

Average Stock Prices

Average of thirty industrials lor Tuesday was 163.09. up 2.93. Average of twenty rails was 96.05. up 2.61. Average ol twenty utilities was 58.23, up 1.82. Average of forty bonds was 94.72. up .13. Other Livestock ■By United Press EAST BUFFALO. Dec. 31.—Hogs—Receipts. 1.600: holdovers. 600: fairly active; mostly to shipers; generally steady: desirable. 160-200 lbs.. $8.75(5.8.85: weights, below 140 lbs., largely $9: 220-240 lbs., *8.3508.50; 260-300 lbs.. $8.10(58.25; packing sows. $6.50 0 7.25. Cattle—Receipts, X 35: nothing done on steers: cows, fully steady: cutter grades. $2.2504. Calves—■ Receipts. 150: vealers. unchanged. $13.50 down. Sheep—Receipts. 500: holdovers. 500: lambs, generally 25c under Monday’s average: good to choice, native and fed westerns. $8.50® 8.75: mixed offerings. sß<B> 8.35: meduim kinds and strong weights, $7.75: throwouts. $6.75. • By United Press TOLEDO. Dec. 31.—Hogs—Receipts. 300; market, steady to 10c higher; heavies, $7.50(57.75; mediums. $7.80 08: yorkers, $8.25(58.40: pigs. $8.25(58.40. Cattle—Receipts, light; market, steady; calves, receipts, light: market, strong. Sheep—Receipts, light; market, slow.

In the Air Weather conditions in the air at 9 a. m.: Southwest wind, 14 miles an hour; barometric pressure, 30.03 at sea level; temperature, 28; ceiling unlimited; visibility, 10 miles; field, good, one inch snow. Arrivals and Departures Hoosier Airport—W. W. Knight of Toledo, 0., in Stearman, to Memphis, Tenn. Charles L. Wethern, department of commerce inspector, in Stinson, to Terre Haute and return. J. A. McDuffee and Richard Knox, in Prest-O-Lite monoplane to Chicago. M. L. Short of Chicago, in Stearman, to Louisville. H. R. Murray of Toledo, 0., in Stearman to Memphis. Stout Field, Mars Hill—Captain H. Weir Cook in Robin to Ft. Wayne. Lieutenant Harris, flying an 0-11 with one passenger from St. Louis, Mo., visited headquarters of the One hundred thirteenth observation squadron, Indiana national guard. T. A. T. passengers included R. <£. Haskett, R. F. D, No. 9, Indianapolis, and C. V. McGregor of Terre Haute to Columbus, O. Embry-Riddle passengers included C. T. McNeil, 2428 North Illinois street, and E. F. Geary of Chicago to Chicago. City’s Air Future Bright By United Press CHARLESTON, S. C., Jan. 2. Testimony of aviation experts that Charleston is located ideally as a proposed American terminus of a trans-Atlantic air mail service and also is at one end of the shortest air line across the United States, 4Ban Dies o being the other terminus, has resulted in dreams of this city as the “aerial cross-roads of America.”

New York Stocks

—Dec. 31— Prev. Railroads— High. Low. 11:30. close. Atchison 180 179% 180 179% Atl Coast Line 100% 95 Balt & 0hi0.... 70% 70 70 70 Chesa & Ohio.. 41% 41 41% 40% Chesa Corp .... 41% 40 41% 40 Chi Grt West 6% 5% Chi N West.... 33 32 33 30% C R I & P..... .. 47 Del L & W 82 79% Del & Hudson.. 134 Erie 28% 38 28% 26ya Erie Ist pfd.... 36% 36 36% 33% Great Northern 57 55% Gulf Mob & Oil 19% Illinois Central.. 60% 69 69 % 68% Kan City 50.... 35 Lou & Nash ... ... 89 Minn S L % , M K & T 19 18% 19 16% Mo Pacific 30% 30% Mo Pacific pfd 89 87 N Y Central ....116% 115% 116 114% Nickel Plate 74 NY NH & H.... 77 76Vi 76% 76,, Nor Pacific .... 47% 46% 47 47% Norfolk & West 198 O & W 5% 5 Pere Marq ... ... 83% Pennsylvania.... 87% 57% 57% 56% Reading 80% So Pacific 93% 93% 93% 92% Southern Ry.... 49% '■ 49 46% St Paul 5% 5% 5% 5% St Paul pfd 10% 9% 9% ?% Union Pacific ...183% 181 183% 179 Wapash 17% 17 17 17 W Maryland 13% 13% West Pacific <% Equipment/, Am Car & Fdy 25% 25 2a% 24% Am Locomotive.. 20% 20 20 19 Am Steel Fd 24% Am Air Brake S .. 30% Gen Am Tank.. 57 56 57 54% General Elec 43% 43% 43% 43 Gen Rv Signal.. 73% 72 i2 73 Lima Loco 23% N Y Air Brake 21% 21% Press Stl Car ■ 3% Pullman ... 50 50 Westlngh Ar B 32% 32% Westingh Elec.. 93% 92% 92% 92Vi Rubbers— Firestone 17% Fisk % % % % Goodrich 15% 15% 15% 15% Godyear 47% 45% 46% 47% Kelly 3prgfld 1% Lee Rubber • 3% IT S Rubber 12% 12 Motors— Auburn 110 108 108% 104 Chrysler 16% 16% 16% 16 Gardner 1% Graham Paige .. 3% 3% 3% 3% General Motors. 35% 35% 35% 34% Hudson 22% 22% Marmon 4% Nash 27% 26% 27% 26 Vi Packard 8% BVi 8% 8% Piercc-Arrow 19 Reo 8% 8 Studebaker 21% 20% Yellow Truck 9% 9 Motor Access— Am Bosch ... 15Vs Bendix Aviation 17% 16% 17% 16% Borg Warner ... 21% 20% 21 20 Briggs 17% 17% 17%. 17% Budd Wheel 9 8% 8% 8% Eaton 14 13% El Storage 8.... 51 50% 50V4 50% Hayes Body .... 3% 3% 3% 3% Houda 4% 4 4% 4% Motor Wheel ... 14% 14% 14% 14% Sparks W 9 % 8% 8% 9 Stewart Warner 17% 17V* 17% 16 Timken R 011.... 43 42% 43 42% Mining— Am Metals 17% 17 17 16% Am Smelt 42 41 41 40 Am Zinc ... 4% Anaconda Cop.. 30% 29% 30 29% Cal & Hecla 8 7% Cal & Ariz 34% 34 Cerro de Pasco 23 22% Dome Mines ... ... 9Vi Freeport Texas. 29 % 29% 29% 28% Granby Corp ... 16 15% 16 15Vn Great Nor Ore. 19% 19 19Vi 19% Int Nickel 15Vs 14% 15% 14% Inspiration 7% 7% 7% 7% Kennecott Cop.. 23% 23Vs 23% 22% Magma Cop 7% 7% 7% ... Nev Cons 10% 10% 10% 10%. Texas Gul Sul.. 45% 45% 45% 45Vs U S Smelt , 19 Oils— Amerada 17% 18 Am Republic 16V i Atl Refining 18% 17% 18% 17% Barnsdall 11V4 10% 10% 10% Houston 8% 7% 8% 8 Indian Refining 3% 3% Mex Seaboard.. .. ... 11% 10% Mid Coptl 13 12% 12% 12% Pan-Amer tßi.. 31 30% 31 30 1 ,< Phillips 13% 13% 13% 13 Pr Oil & Gas 14% Pure Oil 8% BVi BV4 8 Richfield 5 4% Royal Dutch 38% 37% 38% *37% Shell Un 6% 6% 6% 6% Simms Pt ... .... 7% Sinclair 10% 10 10% 9Vi Skelly 10% 10% 10% 10V4 Standard of Cal 45% 45% 45% 43% Standard of N J 48 47 47% 46% Standard of N Y 22% 22% 22% 21% Texas Cos, 31% 31 31 30% Union Oif 21% 21% 21% 21 Steels— Am Roll Mills.. 30% 30 30% 29% Bethlehem 51 50 Vi 50% 49% Byers A M 39% 38% 38% 33% Colo Fuel 22 21% Cruc steel 60 59 % 60 68% Inland 58 % Ludlum 10% 10 Midland ... ... 18% Newton 13 Repub I & 3.... 11% 11% 11% 11% U S Steel 140 139 % 139% 138% Vanadium 54% 53% 54 53% Youngst S & W 22% Youngst S & T iOVs Tobaccos— Am Sumatra 3% Am Tobacco (A) 103V 2 Am Tob (8)... .108% 106V4 106 105% Con Cigars • ... 25% General Cigar ... ... 32V* Lie <fc Mvers B 84% 84% 84 Vi 82% Lorillard 11% 11% Reynolds Tob.. 40% 40% 40% 40 Std Com Tob _ 2% Tob Pr A 10% 11 Tob Pr B 2 2 United Cig 4 4Vi Utilities— Abitibi ... 8 Adams Exp 16% 16% 16% 15% Am For Pwr ... 28% 27Vi 28% 27% Am Pwr & Li.. 44Vi 43% 44 42% AT&T 178% 178 178 177% Col Gas & E 1... 34% 34% 34% 34 Com & Sou .... 8 7% 7% 7% El Pwr & Li... 39% 38'% 38% 37% Gen Gas A 4% 4 Inti T & T 19% 19Vi 19% 18% Natl Pwr & LI.. 32% 32 32% 32% No Amer Cos ... 64% 63% 64 64 Pac Gas & El ... 46 45% 46 45% Pub Ser N J 73% 73 73% 73% So Cal Edison 43% 42% 3td G & El 58% 57% 57% 58 Vi United Corp 16% 16% 16% 15% Ut Pwr &LA .. 21% 21*% 317i 81% West Union 130 128% Shipping— Am Inti Corp .. 19% 18% 19% 18% Am Ship & Com % At! Gulf & W I. 34 Inti Mer M pfd 15 15 Vi United Fruit 52 50% Foods— Am Bug 41% 41% 41% 40 Armour A 2% 2% 2% 2% Beechnut Pkg 48 Vi Cal Pkg 42 41% 41 Vi 41% Can Dry 34 31% Childs Cos 25 24Vi 25 24% Coca Cola 143 142 143 142%

Produce Markets

Eggs (Oo'jntrv Run*—Loss off delivered in Indianapolis. 20ot henery duality No. 1 25c: No. 28. 15c. Poultry (Buvina Prices)—Hens, weighing 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. 9011 c: ducks, full feather fat white. 11c; geese. 11c. These prices are for No. 1 top duality Quoted bv Kinean & Cos. Butter (wholesale)—No. 1. 31@32c; No. 2. 30031 c. Butterfat—37c. Cheese (wholesale selling orice per pound)—American loaf. 31c: pimento loaf. 32ce: Wisconsin firsts. 37c; Longhorns. 34c: New York Llmberger. 36c. By United Press NEW YORK. Dec. 31.—Flour—Dull and unchanged: spring patents. $4.4004.80. Pork—Dull; mess. $28.50. Lard—Steady; middle west spot. $9.20(3:9.30. Tallow Steady; special to extra. 4%®4%c. Potatoes—Firm: Long Island. $1.75(34 barrel: southern. $5®7.50 barrel; Maine $303.75 barrel: Bermuda s7® 10 barrel; Canada, 70c (333.75 barrel; Idaho sacks. 45c03. Sweet potatoes—Firm; southern baskets. $1.60(5:2; Jersey basket. [email protected]. Dressed poultry—Steady to firm: turkeys. 30®44c; chickens. 20(538c: capons. 25 0 44c; fowls. 14@27c; ducks. 13®23c; ducks. Long Island, 21022 c. Live poultry—Firmer; geese. 13®26c: ducks. 14030 c: fowls, 20® 37c; turkeys. 35@40c: roosters. 14015 c; chickens, 21®29c; capons. 23@>40c: broilers 35@47c. Cheese—Steady; state whole milk, fancy to specials, 19022 %c; young Americas. 17% 021 c. By United Press CHICAGO. Dec. 31.—Eggs Market steady; receipts 4.699 cases; extra firsts, 28c; firsts. 26c; ordinaries. 20@23c; seconds, 12015 c. Butter—Market easy; receipts. 5,850 tubs; extras. 27%c; extra firsts. 26%®27c: firsts. 25@26c: seconds. 24®24%c; Standards, 7%c. Pouitry— Market. weak; receipts 2 cars; fowls, 18c; springers. 20c; Leghorns. 14c; ducks. 21c; geese. 17c; turkeys. 25 030 c; roosters. 14c. Cheese—Twins, 16016%c; Young Americas, 16%c. Potatoes—On track 143; arrivals, 42; shipments, 758; market, steady; Wisconsin sacked Round Whites, $1.55®1.70; Idaho sacked Russets. [email protected]; Colorado McClpres, branded. $2012.05. By United Press CINCINNATI. 0., Dec. 31.—Butter steady; creamery In tub lots according to score. 27<5 30c; common score discounted. 2@3c; packing stock. No. 1. 25c: No. 2. 15c; No. 3,10 c: butter fat. 23025 c. Eggs—Steady; cases included; extra firsts. 31c; firsts, 26c; seconds. 23c; nearby ungraded. 29c. Live Poultry—Thin and coarse stock sell 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 30c: under 8 lbs.. 26c; slips, 21e; stags, 18c; colored fryers over 3 lbs.. 22c; over 2 lbs., 22c: broilers colored 1% lbs. and over 21c; Leghorn aryl Ojrpingtqh fryers over 2 lbs., 15c: roasting chicks. Albs, and over, 26c; black springers, 15c. By United Press CLEVELAND. Dec. 31.—Butter—Eggs, poultry, no market today. Potatoes—Maine Green Mountain, $2.50 few $2.60 per 120lb. sack: Idaho Russet, $2.25®2.40 per TDO-lb. sack.

(By Thomson & McKinnon)

Foods— Cont Baking A 17% 17% Corn Prod 78 77% 78 77 Crm Wheat 25% Cudahy Pkg 40 Gen Foods 48% 47% 48 48 Grand Union .. 11% 10% 11% 10% Hershey 87% 87% 87% 87% Jewel Tea 38(4 Kroger 18% 17% Nat Biscuit .... 78Vi 77% 78% 77% Pillsburg 25 Vi Safeway St 40*% 40 Vi 40% 39 Std Brands 16Ti 16% 16% 16% Ward Bkg 3% 3Vi 3(4 3Vi Drugs— Coty Inc ... 9Vi 9V4 Lambert Cos 79% 79Vi 79% 77 Lehn & Fink 23 Industrials— ■, Am Radiator.... 15% 15% 15% 15% Bush Term 24 Certainteeed 2 2 Gen Asphalt 22% Lehigh Port 12 % Otis Elev 53 % Indus Cherr.s— Alied Chem 182% 181% 181% 181% Com Solv 15% 14 Vi 15% 14% Union Carb .... 58 57% 57% 56% U S Ind Alco.. 60% 60Vi 60% 60Vi Retail Stores— Assoc Dry Gds. 22% 22% 22% 21% Gimbel 8r05.... 4Vi Kresge S S 26% 26 Vi May D Store.. 28 Ji 28% 28% 28% Mont Ward 16% 16 16% 15% Penny J C 28% 29 Schulte Ret St 4 Sears Roe 46% 45% 46% 45% Woolworth 56 55% 56 54% Amusements— Bruns Balke 10 10 Col Graph 8% BVi BVi 8 Crosley Radio 3% Eastman Kod ..148 146% 148 148% Fox Film A.... 27% 27Vi 27Vi 27 Grigsby Gru .... 2% 2% 2% 2% Loews Inc .... 46% 46% 46% 46% Param Fam..., 37*% 37% 37% 36% Ra dio Corp... 12% 12 12'% 12 R K 0 16% 15% 16 15% Schubert 4% Warner 8r05.... 13% 13% 13Vi. 13 Miscellaneous— Airway Apu 6% City Ice & Fu.. . ... 32% 33 Congoleum 6% 6% Am Can 112% 112 112% 111% Cont Can 48 47% 48 47% Cuortiss Wr A.. 2% 2% 2% 2% Gillete S R 22% 22 32 % 32 Real Silk 24 22% Un Arcft 23% 23% 23% 22%

JTKKE'RJ I 111 j I ! II I I II I I Above are shown 13 vertical lines. If 13 more lines are properly added, you can spell three words. And the right three words, pul together, will make one word. _______________

Answer for Yesterday

1 ■■ AI'ILULdL a-iVio-5 ■ ——i, * - iZi^b'AiS--3-f/6 The diagram shows how the numbers I to 16 can be placed in the squares so that each horizontal, vertical and diagonal line and each of the five sections of four squares, indicated by the dotted circles, will add to 34.

Net Changes

By United Press NEW YORK. Dec. 30.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow; Up. Off. American Can 111% 2% ... Amer & Foreign Power 27% 1% ... American Smelting 40 1 % American Telephone 177% 2% ... Bethlehem Steel 49% 1% ... Case 88% 2% ... Consolidated Gas 82% 2% ... Erie 26% 1% ... Fox Film (A) 28 % ... General Electric 43 % General Motors 34% % ... International Telephone.... 18% 1 Loew’s. Inc 46% 2% ... Montgomery Ward 15% % National Power & Light.. 32% 1% . . North American 64 3% Packard 8% ... % Pennsylvania 56% 1% ... Radio 12 % ... Radio-Keith 15% % ... Sinclair 9% ... % Standard Oil. N. J 46% % . Transamerlca 12% % ... United Corporation 15% % ... U. S. Steel 138% 1 Vanadium 53% 1% Westtnghouse Electric 92% 2% ...

Bank Clearings

INDIANAPOLIS STATEMENT —Dec. 31Clearings $ 3,037.000.00 Debits 8,559,000.00 Clearings for the month 82,215.000.00 Debits for tfce month 177,199.000.00 Clearings for the year 1,092,107.000.00 Debits for the year 2.167.432,000.00 NEW YORK STATEMENT . —Dec. 31Clearings $1,396,000,000 Balance 143,000.000 Federal Res. Bnk. Cr. Bal 104,000,000 TREASURY STATEMENT —Dec. 31— Net balance for Dec. 29 $317,370,186.80 Expenditures 9.284,807.51 Customs reels, month to date 29.203,498.26 CHICAGO STATEMENT —Dec. 30— Clearings $94,500,000 Balances 9,700,000

New York Curb Market

(By Thomson & McKinnon) —Dec. 31— . IL3OI u-30 Am Com Pwr A. 1174 Mldw Ut .. 17% Am Gas & El.. 82 Mo Kan Pipe,. 5% Am Lt & Tr... 42 Nat Av 41/, Ark Gas 5% Nat Inv 4% Brasil P & L.. 21 Newm Min 42% Can Marc lVs Nla Hud Pwr... 9V, Cities Berv 15% Noranda 14% Cord 6% Penroad 6% Durant Mot 1% Sel Indus 2% Elec Bond Sh.. 41 IShenandoali .... 3% Ford of Can... 20%!Std of Ind .... 36% Ford of Eng 14%'Std of Ky 20 Fox Theater \.. 4%;un Gas (new). 7% Goldman Sachs S%IUn Lt & Pwr 23% Hudson Bay... 4% Ut In Ind 5% Ind Pipe 15%'ut Pwr 9% Ind Terr A 15 J Vacuum Oil ... 5374 Int Pete 14%i Wallgreen 17

Investment Trust Shares

(By R. H. Gibson & Cos.) . Dec 31 PRICES ARE TO 12 NOON C. S. T. . _ , Bid. Ask. Amer Founder’s Corp c0m.... 3% 3% A m & Gen Sec A 13'/* 15 Am Inv Trust Shares 5 5% Basic Industry Shares 5% 6% Corporate Trust Shares 574 574 Diversified Trustee Shares A... 1574, 16% First American Corp 7% 7% Fixed Trust Oil Shares 5 5% Fixed Trust Shares A 1474 ... Inv Trust N Y 6% 7% Leaders of Industry series A.. 77* ... Nation Wide Securities 6'4 674 National Industry Shares 6 6% N Am Trust Shares 64 6% Sel Am Shares 5 5% Shawmut Bank Inv Trust 6 8 Universal Trust 674 6 7 /s S W Strauss Inv Units 45 54 Sup Cp of Am Tr Sh A 6% 774 Fundamental Tr Sh A 674 7% Fundamental Trust Sh B 774 774 U S Elec Li 8s Pwr A... 2774 2974 Chicago Stocks Opening (By James T. Hamill as Cos.) —Dec. 31— Bendix Avia... 18741 Mai Hshld 474 Borg Warner... 20% Middlew com... 17 Cord Corpn ... 6 Nat'! stand 2574 Cont Ch Cp cm 5’4 Swift as Cos 2874 Chgo Sec 1474 Swift Internat’l 36 Grigsby Gru... 274 USRa & Tel.. 1374 Houdl A 8 Util as Ind com 5'4 Insull com 29 Ut as Ind pfd... 14% Lion Oil 5 I Zenith Radio ... 2% RAW SUGAR PRICES Dec. 30— High. Low. Close. January 1.12 1.05 1.12 March 1.21 1.12 1.21 May J. 30 1.20 1.30 July... 1.39 1.28 1.39 September 1.48 1.36 1 47 December 1.56 1.44 1.55

SWINE MARKET OFF 25 CENTS AT CITYYARDS Slaughter Classes Steady in Cattle Mart; Veal Prices Up. HOGS Dec. Bulk. Early Top. Receipts. 23. sß.lo© 8.30 $8.35 6.000 24. 8.25:8 8.45 8.50 3,000 26. 8.30il 8.50 8.50 7,000 27. 8.05®. 8.45 8.50 2,500 29. 8.05® 8.45 8.45 6,000 30. 7.80® 8.35 8.35 7,000 31. 7.60® 8.30 8.30 5,000 Hogs showed evidence of slight demand today at the Union Stockyards, prices being generally 5 to 25 cents lower. The bulk, 130 to 300 pounds, sold for $7.60 to $8.30, the latter figure holding as the early top. Receipts were estimated at 5,000; holdovers were 140. Slaughter classes were about steady in the cattle market. Receipts numbered 700. Vealers were 50 cents higher, selling at sl3 down. Calf receipts were 500. Lambs were strong to 25 cents higher with an early top of $8.25 recorded. Receipts were 300. Chicago hog receipts were 27,000, including 6,000 direct. Holdovers numbered 7,000. Asking was around 10 cents higher than Tuesday’s average. Few sales and bids on light lights around steady. Some 160 to 200-pound weights $7.90 to SB.IO. Best light lights held higher. Cattle receipts were 6,500 and calves 2.000. The market was steady. Sheep receipts, 9,000; market strong. HOGS Receipts, 5,000: market, lower. —Light Lights—-(l4o-160) Good and choice. ...$ 3.30 —Light Weights—-(l6o-180< Good and choice... 8.30 < 180-200) Good and choice.. 8.30 —Medium Weights—-(2oo-220) Good and choice.... B.lo® 8.20 (220-250) Medium and g00d... 7.85® 8.10 —Heavy Weights—-(2so-230) Good and choice... 7.60® 7.85 (290-350) Good and choice... 7.25® 7.60 —Packing Bows—--1275-500) Medium and g00d... 6.00@ 7.00 (110-130) Slaughter pigs B.oo® 8.25 CATTLE (Slaughter Class) Receipts, 700; market, steady. Good and choice sll.oo® 13.50 Common and medium 6.75® 11.00 (1.100-1,500) Good and choice [email protected] Medium 7.00® 10.50 —Heifers—-(soo-850) Good and choice 8.50®11.50 Common and medium 5.00® 8.50 Good and choice 5.50® 7.00 Common and medium 4 00® 5.50 Low cutters and cutters 2.75® 4.00 —Bulls (yearlings excluded) Good and choice beef 4.50® 6.25 Common and medium 3.00® 4.50 CALVES AND VEALERS Receipts, 500; market, higher. Good and choice $12.50013.00 Medium B.oo® 12.50 Cull and common 5.50© 8.00 • —Calves—- „ J J , (250-300) Good and choice 6.00® 9.50 Common and medium 3.50® 6.00 STOCKERS AND FEEDER STEERS Good and choice $ 6.50® 8.50 Common and medium 4.50® 6.50 (800-1.500) Good and choice 6.50® 8.50 Common and medium 4.75® 6.50 SHEEP AND LAMBS Receipts, 300; market, higher. Good and choice $7.50@ 8.25 Common and medium 5.00® 7.50 —Ewes— Medium and choice 2.50® 3.75 Cull and common I.oo® 2.50 Other Livestock By United Press CHICAGO. Deo. 31.—Hogs—Re-pipts. 27.000: Including direct: slow’, steady on weights above 200 lbs., lighter weights. 15 ®2sc lower: top. $8.10; bulk. 130-200 lbs., $7.85f8: 210-300 lbs.. [email protected]: pigs. $7.50®8: packing sows. $6.40(3 6.75; fight lights. 140-160 lbs., good and choice. $7.85 @8.10: light weights. 160-200 lbs., good and choice. $7.75®8.i0: medium weighs®, 200250 lbs., good and choice. $7.40@8: heavy weights. 250-350 lbs., good and choice. $7.10 ®7.60: packing sows. 275-500 lbs., medium and good. 16.35®6.85; slaughter pigs. 100130 lbs., good and choice. $7.50® 8. Cattle —Receipts. 6.500: calves. 2.000; about steady on fed steers and yearlings and she stock: bulls, weak: vealers, about steady; best yearlings. sl3. and weighty beeves. sl2. Slaughter cattle and vealers —Steers. 600-900 lbs., good and choice. $lO @14.50: 900-1100 lbs., good and choice. $lO @14.50: 1100-1300 lbs., good and choice. [email protected]: 1300-1500 lbs., good and choice. [email protected]; 600-1300 lbs., common and medium. $6.25@10: heifers. 550-850 lbs., good and choice. $8012: common nnd medium. ss@B; cows, good and choice. [email protected]; common and medium. S4O 5,25; low cutter and cutters. s3@4: bulls, yearlings. excluded, good and choice beef. ss@ 6.25; cutter to medium. [email protected]: vealers, milk fed. good and choice. slo® 12.50: medulm. $8.50® 10; cull and common. s6@ @8.50. Stocker and feeder cattle—Steers, 500-1050 lbs., good and choice. s7@9: common and medulm. 55.50@7. Sheep—Receipts. 9.000: fairly active; mostly strong to a shade higher: bulk good and choice lambs, early [email protected]; top. $8.35; some held higher: heavy yearlings. $6®6.50: fat ewes. $2,500:3.50: lambs, 90 lbs. down, good and choice. 570’8.40; medium, s6@7; all weights, common, $4.75@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 EAST ST. LOUIS. HI.. Dec. 31.—Hogs— Receipts. 13,000: market, weights below 190 lbs. steady to 15c lower; little action on others; most 120-170 lbs.. [email protected]: few 180-215 lbs., SBO/8.15: 100-120 lbs.. $7,750) 8.25: sows. [email protected]. Cattle—Receipts, 2.000; calves. 1.000; market,/ sters slow, barely steady; vealers steadv to 25c lover at $13.25; medium bulls strong: other classes steady; few steers, *[email protected]; top sausage bulls. $5.50. Sheep—Receipts, 1,000; market steadv: bulk lambs to packers. $7.75@8: choice kinds held higher; common, throwbuts. [email protected]: fat ewes, $3.75 down.

By United Press CLEVELAND. Dec. 31.—Hogs—Receipts. 1.800: holdovers. 71; oulk. mostly 15@25c lower: light lights and pigs. *8.60: 160-250 lbs.. $8.40, according to weight and sort: heavier butchers downward to $8 and under: rough sows mostly $6.75; stags, $5. Cattle—Receipts, 550; market, low; steers and heifers 25050 c lower; cows sharing part of decline; common light steers. $7.10 08: fat cows around ss@6; cutter grade around $304. mostly. Calves—Receipts, 300: mostly steady; bulk grade vealers. sl3 013.50; common to medium. $10012; culls downward to $9 and under. Sheep—Receipts. 1.000: active, strong to 25c higher: upward to $8.75 and $9 on better grade lambs: most throwouts, $707.50; merely good fat ewes, $3.50. P,y Times Special LOUISVILLE. Kv.. Dec. 31.—Hogs—Receipts. 600; market 10c higher: 325 lbs. up. $7.75; 175-325 lbs.. $8.35: 130-175 lbs.. $8.10; 130 lbs. down. $7.30: roughs. $6.70; stags, $5.70. Cattle—Receipts. 100; market steady: prime heavy steers, $8.50® 10.50: heavy shipping steers. $7.50®8.50; medium and plain steers. $607.50; fat heifers. $4.50010.50; good to choice cows. S4O 5.50; medium to good cows. $3.5004; cutters. $303.50; canners. $202.75; bulls. $3.5005; feeders, [email protected]; Stockers, $4 ®7. Calves—Receipts. 200; market, 50c higher: good to choice, $9.50010.50; mediums. $708.10: common to medium. $4.50 06.50. Sheep—receipts. 50; market -steady; ewe and wether lambs. $8: buck lambs. $7; seconds. $5 down; clipped sheep. s2o'3. Tuesday’s shiunents: Cattle, none; calves, none; hogs. 149 sheep. v none. By United Press CINCINNATI. Dec. 31.—Hogs—Receipts. 3.500, including 300 direct holdover 150; slow, mostly 10c higher on 150-220-lb. averages at $8.60: heavier weights verv uneven; mostly steadv to weak: some 220240 lbs.. $8.2508.50; 250-260 lbs. down to $8: 300-lb. averages around $7.75: 120-140 lbs., mostly $8.25; sows steadv to weak; spots 25c lower at $6.50 to mostly $6.75. Cattle—Receipts. 225; calves. 275; generally steady: odd lots of lower grade steers and heifers. $6 0 7.75: more desirable kinds upward to $9; a small lot of well finished yearlings. $11.50; most beef cows. $506; bulk low cutters and cutter cows. $3.25@ 4.25; bulls. $6 down: vealers steady: good and choice, $11.50 0 12.50; lower grades. sll down. Sheep—Receipts, 250; mostly steadv: some weakness on heavy lambs: better grade handy weight lambs. $8,500 9; heavies downward to $6: common and medium. $6.50 @7.50; fat ewes, s2@3. By United Press FT. WAYNE. Ind.. Dec. 31—Hogs—Market. steady; 100-140 lbs.. $8; 140-160 lbs., $8.15: 160-180 lbs.. $8: 180-200 lbs.. $7.90; 200-225 lbs.. $7.80: 225-250 lbs.. $7.65: 250275 lbs.. $7.50: 275-300 lbs.. $7.40; 300-350 lbs.. $7.25: roughs. $6.25- stags. *4.50: calves, $12.50; lambs, $7.50; no market Thursday. By United Press PITTSBURGH. Dec. 31.—Hogs—Receipt*. 2.100: slow. 25@35c lower; sows 50c off; 130-200 lbs.. $8.5008.65; 200-240 lbs.. $8.25 03.50 ; 240-300 lbs., [email protected]; good sows. $6.75 07. Cattle—Receipts, 50; steady; common to medium steers. $708; low cutter to medium cows. $2.50 04.50: calves, receipts. 165; fully steady; choice vealers, sl3 freely; medium to good kinds. SBOI2. . Sheep—Receipts. 750; steady; good to choice fat lambs, $808.75; aged wethers, $4.25 down.

BELIEVE IT or NOT

t F 'raRIST T WAS6ORNmEVEAR.6BC^^ ILLS AND DRINK,THE tfILKY CoNf£K^ *‘f Sjmfficste, Ic.. Great Britain rights reserved.. -

Dow-Jones Summary

London, New York cables opened at 4.85 19-32. against 4.85 9-16; Paris checks 123.63: Amsterdam, 12.062; Italy, 92.735; Berlin, 20.385. General Tire & Rubber Company year ended Nov. 30, profit $732,597 after charges, but before federaPtaxes against $1,970,000 in previous year. Declares extra dividend of $1 on common payable Jan. 1, record Dec. 20. New York Westchester and Boston November deficit after changes $216,451. against SIBO 500 in November. 1929. Eleven months Walter P. Chrysler estimates 1931 auto output at 4.000.000 cars against 3.500,000 In 1930. Estimates stocks of new cars on hand at 35 to 40 per cent below year ago. United Aircraft and Transport effective Jan. 1. will reduce passenger rates to 8 3-10 cents a mile from previous range of 8.3 to 10 cents. Gulf Coast Lines eleven months net $7.29 a share against $6.78 a share in lirst eleven months of 1929. International Great Northern eleven months net loss $509,347 after taxes and fixed charges, but before adjustment bond. Interest, against net income $609,660. equal to 3 58 per cent on $17,000,000, 6 per cent adjustment income bonds in like 1929 period. Engineers Public 3ervice Company year end Nov. 30, net $2.74 a share on 1,882,116 average common share outstanding, against $2.64 a share on 1,624,849 shares In preceding year. Stock of Canada Dry Ginger Ale. Inc., in ‘hands of brokers on Dec. 16. amounted to less than 100,000 shares out.of total capital of slightly over 512,000 shares. Domestic crude oil production in week ended Dec. 27, averaged 2.126,750 barrels dallv. lowest Point since July. 1929. and a decline of 75,450 from preceding week, and 480.950 below like 1929 week, American Petroleum Institute reports. Gasoline stocks increased 767,000 barrels to 39,388,000. Paper and Paper products exports in 1930 estimated at 20 per cent below 1929, but expected to surpass five-year average

New York Bank Stocks

(By Thomson & McKinnon) • —Dec. 30Bid. Ask. America 54 57 Bankers 109',4 112% Brooklyn Trust 433 448 Central Hanover 221 226 Chase National 83% 86% Chatham Phoenix Natl. ... 70 (3 Chemical 44 46 City National 83% 86% Corn Exchange 115 11? Commercial 240 255 Con’inental 16% 19% Empires 45 48 First National 3.475 3,675 Guaranty 429 434 Irving *32'4 34% Manhattan & Company ... 74% 77% Manufacturers 25% 27% New York Trust 139 144 Public 45 48

Indianapolis Stocks

—Dec. 31— . . Bid. Ask. American Central LI Inc C 0.1.000 ... Belt R R & S Yds Cos com... 47 51 Belt R R Yds Cos pfd 51 Bbbbs-Merrill Cos .* 25 Central Indiana Pw Cos pfd 7s 77 84 Circle Theater Cos com 75... 98 Citizens Gas Cos com 10s 22 ... Citizens Gas Cos pfd 5s 97% 103 Commonwealth Ln Cos pfd 7s 97 101 Commonwealth Ln Cos pfd ...100 Hook Drug Cos com 15 Indiana Hotel Cos Clapl c0m.125 Indiana Hotel Cos pfd 6s ....100 Indpls Gas Cos com 6s 56 61 Indpls Pwr Lt Cos pfd 6%5..100 102% Indpls Pu WeU L Assn com 8s 51 Indpls Water Cos pfd 5s 101 Xnterst Pu Ser Cos pr 11 pfd 6s .. 90 ♦lnterst Pu Ser Cojp r 11 pfd 7s 94 101 Metro Loan Cos 8s ...100 ... N Ind Pub Serv Cos nfd 5%s . . 94 “North Ind Pub Serv Cos pfd 6s 93 96 Northern Ind Pu Sv Cos pfd 7s 104 110 Prog Laundry Cos com 31 E Rauh & Sons Fertll Cos pfd 6s 47 Terre Haute Lt & Pwr pfd.. 67 Union Title Cos com 5s 29 34 Van Camp Prod Cos Ist pfd 7s .. 93 Van Camp Prod Cos 2d pfd 8s . . 98 Auburn Automobile Cos. com... 96% 98% Backstay Welt Cos com 10% 13 Ind Pipe Line Cos 14 15 Link Belt Cos com 28 30 Lynch Glass Machine Cos com 13% 14% Mead Johnson dr Cos com ... 70 72 N Y Central Railroad Cos 108% 110% Noblitt-Sparks Industries Inc 34% 36% Perfect Circle Cos com 24% 30 Real Silk Hosiery Mills Inc pfd 23 25 Real Silk Hosiery Mills Inc com 82 85 Ross Gear & Tool Cos ....... 19% 20% Standard Oil Cos (Indiana)... 33% ... Studebaker Corporation 19'4 21% •Ex-Dividends. Bonds Belt R R & Stk Yds Cos *5.... 85 Broad Ripple Trac i. Cent Ind Gas Cos 5s 100 Citizens Street Railroads ss. 18 23 Home T & T of Ft. Wayne 65.101% ... Ind Railway & Light Cos 55.. 92 . ... Indpls Pwr & Lt Cos 98% 100 Indianapolis Gas Cos 5s 99% 101% Indpls & Martinsv Ra Hr Cos 5s 15 Indpls & Northw Trac Cos 53.. 5% ... Indpls St Ry 4s 8 Indpls Trac & Term Cos 5s 47% 50% Union Rv 100 Indpls water 5s 98 Indpls Water Cos 5%s 100 Indpls Wa Cos Ist lien & ref 5s 97 Indips Water Cos. 4%s 96 Indpls Water Works Sec Cos 5s No Ind Pub Serv Cos 5s 95 No Ind Teloh Cos 6s 98% 100 Ter Haute Trac & Li Cos 5s

Marts Closed All markets will remain closed Thursday, Jan. 1, in observance of the New Year’s day holiday. Trade will be resumed Friday morning.

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

according to commerce department. Figures for first eleven months $28,323,255, against $33,948,261. World lead production amounted to 1 >5,107 short tons in November against 152,618 in October and 148,506 in September, according to American Bureau of Metal statistics. Third Avenue Railway November net income $12,079 after taxes, changes and full interest on adjustment income bonds against net loss $40,059 In November. 1929. Five months net Income $49,500, against net loss $178,836 in like 1929 period. United States Freight Company omitted quarterly dividend of 75 cents due at this time. New York Federal Reserve bank made no s.nnouncement on rediscount rate which is 2 per cent. During week ended Dec. 27 Wabash Railway handled 12,090 revenue cars against 14.346 In preceding week and 15.284 in like 1929 week and Frisco handled 11.319 revenue cars against 14,237 in previous week. October automobile financing totaled $81,503,844, advanced on 201,458 cars by 492 automobile financing organizations against $90,486,172 on 219,677 cars in September and $136,590,020 on 278,258 cars in October, 1929, commerce department reports. Value of all manufactured products in 1929 was $69,417,515,928. an increase of 10.7 per cent over 1927 last preceding census year commerce department reports.

The City in Brief

When Republican Judge Willis C. McMahan of the appellate court retires from the bench Thursday to be succeeded by Democratic JudgeElect Harvey J. Curtis, the retiring judge immediately will step into the law firm at Gary in the position vacated by Curtis. The firm name of Curtis and Smith will be changed to McMahan and Smith as Curtin and McMahan exchange positions on bench and bar. The board of park commissioners today disallowed a claim for $3,500 brought by A. W. Brayton, landscape architect, for work said to have been done more than two years ago in laying out plans for the future beautification of Fall Creek boulevard. Marriage Licenses Joseph Levy. 25. of Rochester, clerk, and Sally Nahmias. 19. of 133 West McCarty. talloress. Claude L. kins. laborer, and Frances L. Bruin. 18. of 936 South West. Edgar K. Wheatley. 54. of 2828 Clifton. salesman, and Martha Spain, 60, of 1065 Udell, nurse. Albert R. Nicolay. 29. of 5748 Julian, manufacturer, and Clotilda Connelly, 26. of 3327 East Michigan, stenographer. James Age. 2t. of 1218 South Keystone, laborer, and Leona O’Donnell. 17, of 1617 Holliday. Fdgar E. Ward. 30. of 825'% Lexington, engineer, and Lorene Bosserman. 32. of 48 Eastern. Renalt Terrell. 26. of 2356 North New Jersey, salesman, and Alice R. Cantwell, 22 of 2436 North Talbott, stenographer. Jesse Canadv. 19. of 2010 West Eleventh, porter, and Minnie L. Fain. 20, of 1057 North Belmont. Births Girls Daniel and Mabel Morarity. 5054 West Thirteenth. Raymond and EfTie Carter, Christian hospital. Emanuel and Mary Lorian, 618 East Market. Gilder and Florence Horton, 1028 North Mount. Milton and Mary Allen. 211 Spring. James and Adele Leeds, 1621 wade. Boys Ernest and Beatrice Huber. 409 West Raymond. Kenneth and Louiene Sever, 2112 Woodlawn. Donald and Ethel Nield, 1661 Harvey. Deaths Ellen Blanch Wilson. 59, St. Vincent’s hospital, carcinoma. Sarah Margaret Blair, 71. 3210 East New York, chronic myocarditis. John Williams. 56. 1226 North Capitol, cardiac dilatation. Albert'F. Shaw. 56. St. Vincent’s hospital, acute appendicitis. Dianna Adelia Wintrow, 73, 4031 Cornelius. chronic myocarditis. Harold Service, 9, Riley hospital, otitis media. Delcenia Southern Ford. 19. 899 West Twenty-fifth, pulmonary tuberculosis. Daisy Dean Greer, 58, 1424 Pleasant, pulmonary tuberculosis, Lucy B. McDonald, 52, 337 South Walcott, diabetes mellitus. Margaret Ann DeHoff. 10 months, 918 South West, acute myocarditis. Sabina Runyon. 45, city hospital, carcinoma. Resell a F. Hill. 72, 2025 Ruckle, cerebral apoplexy. NEW YORK COFFEE RANGE —Dec. 30— High. Low. Close. January 6.00 .... 6.00 March 5.85 .... 0.85 Mav 5.66 5.60 5.68 July ..! 5.57 .... 5.57 September 5.57 .... 5.57 December 5.35 .... 5.3a

f-t a/ Registered 0. S. JLf y Patent Office RIPLEY

Following is the explanation of Ripley’s “Believe It or Not’’ which appeared in Tuesday’s Times: Bonnie Annie Laurie Really Lived—Annie Laurie, heroine of the famous song, was a real person. She was born on Dec. 16, 1682, and was the eldest of three daughters of Sir Robert Laurie of Maxwellton. William Douglas of Finland (Kircudbright) wrote the song, but he did not marry Annie after all. Instead, she married James Fergusson of Craigdarroch in 1709, and became the mother of Alexander Fergusson, hero of Burns’ song, “The Whistle.” A Weasel Is Called an Ermine in the Winter—ln winter the weasel’s fur turns from brown to white, and in this phase the animal is called an ermine. Reference: Cambridge Natural History, cr the Encyclopedia Americana. Signature of Johann Sebastian Bach—The Curious autograph in my cartoon of yesterday is that of Johann Sebastian Bach (16851750), who ranks as one of the greatest of the German composers of musical geniuses.

yEjKSH ■ quality furniture I ■ 227 W.WASHINGTON ST. | the Sign of the Marquee -Opposite Statehouse |

RED SEAL Means more than a good job of house wiring. It means a complete and adequate job for now and the future. / It assists you in the proper placing of all outlets, ELECTRIC LEAGUE of Indianapolis 105 C. of C. Bldg. RI. 2618

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS New York Stock Exchange Chicago Stock Exchange New York Cotton Exchange Chicago Board of Trade New York Cnrb Association Rooms 200-214 Circle Tower Telephone Lincoln 5501

■l^3l,

Hint navy aid TOOK LIFE OVER AUTOACCIDENT Hoover Assistant Believed Suicide Because of Hit-Run Accident. By United Press WASHINGTON 1 , Dec. 31.—Lieutenant Bruce Settle, naval aid to President Hoover, who died Monday at his desk, committed suicide by taking poison, it was learned on reliable authority today. Simultaneously police found evidence tending to identify Settle as a hit-and-run driver who struck and injured four persons in a safety zone Sunday night. A naval board of inquiry Tuesday received a report on the autopsy performed on Settle’s body, and a chemical analysis of the contents of his stomach. This was said to show traces of poison. The board is expected to submit its formal report Thursday to Rear Admiral David F. sellers, judge ad-i vocate of the navy. f. It was discovered late Tuesda* that the young officer’s car was a damaged condition. Police learned from an employe of the apartment house where Settle lived that the officer came in about 7:10 p. m. Sunday and told the employe to tell any one who called that he had been there since 6:30. He appeared pale and nervous, the employe said. The hit-and-run accident occurred shortly before 7 p. m. Sunday. EX-'MOUNTIE’ SHOT Absolves Wife From Blame After Struggle. Bp United Press SANTA CRUZ, Cal.. Dec. 31.—L. W. Thorne will, former member of the Canadian Royal Mounted polis \ was in a critical condition tod. i with a bullet wound close to his heart. His wife, the former Mrs. Helene Grant Hollister Card, daughter of a well-known Chicago family, was accused of the shooting. Although Thomewell was shot last. Wednesday night, the incident was not brought to the attention of authorities until late Tuesday. Thornewell, a conspicuous figure in the Cora Mead murder mystery of two years ago, absolved his wife from blame, in a statement issued Tuesday night. He said she asked him to leave a party because he had been drinking, that they struggled and he was shot accidentally. New York Liberty Bonds —Dec. 30— • if? 4 .V 102.27 4^s 103.18 Treasury Treasury 3%s of ’47 ”!!!!”* 102 TO

CAMPBELL and COMPANY BONDS and STOCKS Trustee Standard Oil Shares 141* Fletcher Trust Bldg.