Indianapolis Times, Volume 43, Number 130, Indianapolis, Marion County, 9 October 1931 — Page 25

OCT. 9, 1931

RALLY IN RAIL < SHARES TURNS I STOCKS HIGHER Industrials and Utilities Hold Steady Around Previous Close. Average Stock Prices Average of thirty Industrial* for Thursday 105.79. up 8.47. Average of twenty tails 54.69. up 4.57. Average of twenty vtllltics 41.62. up 3.06. Average of forty bonds 86.58. up .51. BY ELMER C. WALZER United Press financial Editor NEW YORK, Oct. 9—A sharp Tiprush in railroad shares turned the trend of the stock market upward today after an irregular opening due to profit taking. Rails advanced 1 to 6 points and broad list of Issuqs appeared. Traders were buying these issues on the assumption the interstate commerce commission soon would issue a favorable report on the plea of the carriers for the higher freight rate. Leading industrials and utilities did not follow up the advance in carriers, but held steady, slightly Under the previous close. Steel Down Fraction Steel was down a fraction at 72'4 to which it had rallied from a low of 71 while American Telephone was clown a point at 136 li. Special issues such as Case and Coca Cola were up several points and a few other issues made gains, but the main interest centered on the railroad shares. As noon approached trading was showing signs of slowing up. Among the railroads best gains were made by Atchison at 119, up 5; Pennsylvania 38, up 3; Southern Pacific 58%, up 5V*; Delaware and Hudson 109%, up 6%; Great Northern preferred 29%, up 4%; Chesapeake Corporation 38, up 5%; Missouri Kansas 28%, up 4%. Bonds Show Gains New York Central at 64, was up 4%; Chesapeake & Ohio 32, up 2%; Baltimore & Ohio 39%, up 2%, and Nickel Plate 18, up 2%. The uprush in carrier shares was paralleled by strength in railroad bonds. The latter were bolstered up by reports that action would be taken soon to stabilize the market for these issues which have been hammered down in ’•ecent sessions. Commodities moved up with the main trend in the stock market. Bank Clearings INDIANAPOLIS STATEMENT —Oct. 8— Coatings $2,288,000.00 Debits 5,001,000.00 CHICAGO STATEMENT —Oct. 8— Clearings $53,600,000.00 Balances 6,700,000.00 TREASURY STATEMENT —Oct. 9 Net balance for Oct. 7 $526,039,817.98 Expenditures 12.183,042.34 Customs reds. mo. to date.. 8,254,510.61 Mew York Curb Market (By Thomson & McKinnon) —Oct. 9 11:001 11:00 Mum Cos of Am. 83% Int Pete 9% 4m Cvnamid... 4% Mead Johnson.. 51 4m Gas & Elec 42% Midwest Ut 10% 4m Lt & Trac. 24%. Mo Kan Pipe... 2% 4m Sun Pwr... 7%IMt Prod 3% 4rk Gas A 2%!Nat Inves 3% 4ss Gas Jc Elec 7%|Nia Hud Pwr... BV* Braz Pwr & Lt. 9 IPenroad 4 Can Marc 1% St Reds Paper.. 7% Cent Sts Elec... 3% Salt Creek .... 4% Cities Serv .... 7% Sel Indus 1% Cons Gas ol Bal 75 Shenandoah 2% Cord 6% So Penn Oil ... 12% Deere fz Cos 124* 3td of Ind 20% Elec Bnd * Sh. 19% Std of Ohio 41% Ford of Can... 11% Tr Atr Trans... 4 Ford of Eng.... 7% Un Gas A. 3% Fox Thea 1% Un Lt Jr Pwr.. 12% Goldman Sachs. 3%'Un Verde 5% Gulf Oil 46%!Ut Jr Indus 4 Hudson 8ay.... 2% Ut Pwr B 4% Insull Ut 13 lunited Fndrs... 3%

Net Changes

By United Press NEW YORK, Oct. B.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange: Alaska Juneau 13% 1% American Can 84•'V 51a American <fc Foreign Power 14% 2 American 'Telephone 137% 7'i Atchison 114 5*2 Auburn 119 22 Bethlehem Steel 29% 2% Consolidated Gas 73% 5 Electric Power 23% 3Vs Foxx Film A SVa 2% General Elec 31*4 3% General Motors 26% 2% International Telephone 17% 1% Loews Inc 37 4 Montgomery Ward 12% 1% New York Central 59% 6% North American 38% 5 Penna 35 2% Radio 14 1% Sears Roebuck 40% 3% Standard Gas 37% 4% St Hilda rd Oil N J 33% 2% Texas Corporation 19% 2% Union Carbide 35% 2% United Corporation 1% U S Steel 72% 5% Vanadium 19 2% Westinehouse Elec 48% 4% Woolworth 53% 4% Worthington Pump 27 4% New York Bank Stocks (Bv Thomson & McKinnon) •~Oct. 8— Bid. Ask. America 35% 37% Bankers 65 67 Brooklyn Trust. 243 253 Central Hanover 147 551 Chase National 42 44 Chatham Phoenix Natl.... 32 34 Chemical 38% 38% Cltv National 59% 61% Corn Exchange 75 78 Commercial 173 *lßl Continental 18 20 Empire 30% 32% First National 2.475 2,575 Guaranty 313 318 Irving 22% 23% Manhatan & Cos 41 44 Manufacturers 35% 37% New York Trust 96 99 Public 26% 28y 4 Chicago Stocks Opening (By James T. HamiU <& Cos.) Bendix Avia .. 16%'Insull 6s ‘40... 61 Borg Warner .. 15% Mo Kan Pipe L 3 Cent So Wst,. 10 (Middle West .. 11% Cord Corp .... 6%(Natl Sec pfd... 38 Cont Chi com. 2% Nob Sparks .... 19% Cont Chi pfd .. 25% Swift & Cos ... 23 Comm Edison 151%;3w1ft Inti 30% Chicago Sec .. 8 U S Radio <fc Tel 16% Grigsbv Grunow 2%(Utah Prod 2 Gt Lakes Aircft 3 s s!Ut <te Indu com 3%. Insull com 33%|Dt <& Indu pfd 12% Insull pfd ... 43 (Walgreen Strs.. 14 SHOW GiRLIINDER BOND Legs Diamond's Sweetheart Is Accused in Torture Case. By United Press ALBANY. N. Y., Oct. 9.—Marion (Kiki) Roberts, show girl sweetheart of Jack (Legsi Diamond who emerged from hiding Thursday to surrender on charges of assault and kidnapping, dropped out of sight again today. She was released under $2,500 bail Thursday night without the formality of arraignment. The charges are based on the kidnaping and torturing of Grover Parks. Cairo truckman, last springcharges on which Diamond was acquitted and on which his henchman, Johnny Scaccio, was sentenced to prison.

New York Stocks <Bv Thomson Jr McKinnon)—""""

—Oct. 9 Railroads— c Tev. High. Low. 11:00 close. Atchison 115% 113% 1151% 114 Atl Coast Line 65 Balt & Ohio 36% 35% 36 37% Chesa & 0hi0... 29% 28% 28% 29% Chesa Corp 22 7 s 22% Chi Grt West 4% 4% Chi N West 16 15% 16 15% C R I Jt P.... 26% 26% 25% 26 Del LJr W..... 39% 39 39 40 Del Jc Hud50n...103% 102 103 103% Erie 13% 13% 13% 13% Erie Ist ofd ... ••• 13% Great Northern 25% 24% 24% 25 Illinois Central.. 29% 29 29% 28% Kan City 8o 13% 12% 13 12 Lou Jr Nash 42 M K Jr T 8% 8% 8% 8% Mo Pacific 15% 14% 14% 14% Mo Pacific pfd.’. 34% 34 N Y Central.... 59% 58% 58% 59% • Nickel Plate 16 15% NYNHJrH 40% 41% Nor Pacific ... 24% 23% 24% 24% Norfolk Jr West.. 132% 131 131 132 O Jr W 8% 8 8 % Pcre Maro \|% Pennsylvania ... 35% 34 34% 35 Reading .. ... 63% 69% So Pacific 53% 52V* 53% 53% Southern Ry ... 19 18% 18% 18% St Paul 3% 33 2% St Paul pfd 6% 5% 5% 5% St. L & 8 F 10% 9% 9' 9% Union Pacific ..117 114% 116 114 ! Wabash 8 7% 7% 8 W Maryland ... 9 8-a 9 9 West Pacific ... ••• 4 Equipments— Am Car Jr Fdy. ~ ... ... 11% Am Locomotive 10% Am Steel Fd 9% 9% 9% 9% Am Air Brake S 22 21% Ocn Am Tank. ■ ... J 6. General Elec ... 31% 30% 31% 31% Gen Ry Signal.. 33 32 32 33 Lima Loco 18 s * 18% 18% 19% N Y Air Brake 8 Press Stl Car 2% 2% 2% 1% Pullman 27% 27 27% 26% Westingh Ar B. 17% 18% Westingh Elec.. 48% 47% 48% 48% Rubbers— Firestone 15 Fisk % ... Goodrich 7% 7% Goodyear 24% 24 24 24% Kelly Bprgfld 1% Lee Rubber 2% ... U 8 Rubber 7% 7% 7% 7% Motors— Auburn 119% 116% 119% 119 Chrysler 15% 14% 15 15', \ Gardner % Graham Paige.. .. ... 2% 2% General Motors.. 26% 26V* 26' t 26% Hudson 10% 10% 10% 10% Hupp 5% 5% 5% 5% Mack 20% 20 20 20% Marmon , , 2% Nash 19% 19*4 19% 19% Packard 5% 5 5% 5% Pierce-Arrow 5% Reo ••• 4% 4% Studebaker .... 12% 11% 12% 11'/a Yellow Truck... 5% 5% 5% 5% Motor Access— Am Bosch 7% 7% Bendix Aviation 16% 16% 16V* 16% Borg Warner... 13% 13V* 13V* 13% Briggs 10% 10 10 10% Buad Wheel .... 5% 5% 5% 5 Campbell Wy 9% Eaton 10% 914 10 9VA El Storage <B) 32 Hayes Body 1% Houda ... ... 4% Motor Wheel 7% 8 Sparks W 5 5 Stewart Warner 7% 714 714 7% Timken Roll .. 24% 24 24 24% Mining— Am Metals .... 7% 7% 7% 7% Am Smelt 24 23 % 23% 24 Am Zinc 3% Anaconda Cop.. 16 15 15% 15% Cal Jc Hecla 4Vi 4V a Cerro de Pasco 14% Dome Mines 8% 814 Freeport Texas. 17% 17% 17% 17% Granby Corp 7 Great Nor Ore 13% Howe Sound 14% Int Nickel 9Vi 8% 9 9 Inspiration ' 4% 4Vi Kenecott Cop .. 13% 12% 13% 12% Magma Cop .... 8% 8% 8% B Vi Nev Cons 6% 6% 6% 6% Texas Gul Sul... 25% 24% 24% 25 U S Smelt 15% 15% Am Republic 4% ... Atl Refining .... 12% 12% 12% 12% Houston 6’i 6 Vs 6% 7 Ohio Oil 8V 8 8 8 B '4 Mex Sbd 87 s 8% 8% 8% Mid Conti ..... 7% 7% 7Vi j% Pan-Amer (B) ... 20Vs Phillips 6% 6% Pr OP & Gas 7% 8% Pure Oil 6% 6 Royal Dutch ... 19% 18% 18% 19% Shell Un 4% 4% 4% 5 Sinclair 7% 7% 7% 7% Skelly 4% Stand of Cal .. 33% 327* 33 331/* Stand of N J .. 33 32% 32% 33% Soc Pac 15% 14% 15V4, 15% Texas Cos 19% 18% 18% 19V* Union Oil 15% 16 Steels— Am Roll Mills 14V* 14% Bethlehem 297* 297* 29% 29% Byers A M 19 Vs 18 Vs 18% 19 Colo Fuel ... ... 11 Cruc Steel 24 22 V* 24 24% Ludlum 8% 8% BV2 8% Midland 9% Newton 4% ... Repub I & S .. 7% 7% 7% 7% U S Steel 71% 71 71 % 73 Vanadium 19 18% 18% 19 Youngst 8 4 W 1474 Youngst S & T 23% Tobaccos— Am Sumatra 7% Am To (Anew) 8674 Am To (B new*. 89V* 88 89V* 90% Con Cigars 23 Lig & Myers 8.. 5474 54 54 54*4 Lorillard 1374 13% 13% 1374 Reynolds Tob .. 3974 39 % 39V* 40 Tob Pr (A).... 874 8 8 874 Tob Pr <B> 2% 2% Utilities— Abltibl 374 33% ... Adams Exp .... 9% 9% 9% 974 Am For Pwr... 14% 13% 1474 14% Am Pwr Jr Li.. 207* 1974 20Vi 2074 A T Jr T 13674 135*% 13 674 137 74 Col Gas Jr El 2174 20% 20% 2174 Com & Sou 5% 5% 5% 574 El Pwr & L 1.... 2274 2274 22% 2274 Gen Gas (A* 3% 3'/* 3% 3% Inti TJr T 1774 1674 16 7 4 1774 Natl Pwr & Li 18 17% No Amer Cos 38% 3774 37 Vi 3874 Pac Gas & El 35% Pub serv N J 65'4 64 64 65 So Cal Edison.. 3374 33% 3374 33 74 Std G & El.. . 39% 3774 3874 3774 United Corp 14% 14 14 1474 Ut Pwr Jr L A. 1174 1174 11% 12 West Union .... 97 96% 96 74 95 72 Shipping— Am Inti Corp 874 TVs N Y Ship 474 4 474 4 United Fruit 3274 31% Foods— Am Sub 41 40 Armour (A* 174 174 IV* 174 Beechnut Pkg 47 Cal Pkg ... 1474 ... Can Dry 19 187* 187* 18*4 Childs Cos 10% 10% Coca-Cola 109 108 108 V 4 110% Cont Baking A.. 77* 7 7 7% Corn Prod 45% 45V* 4574 45 Cuban Am Sug 2V* Gen Foods ... 37% 37 37'/* 37% Grand Union 1174 Hershev 7974 79 74 Jewel Tea 33% 33 33 33% Kroger 22% 22% 22% 22% Nat Biscuit .... 4874 46V* 47 47 7 4 Pillsburv ... 2374 2274 Purity Bak ..... 16% 15 16% 16% Safeway St 51% 51% 51% 50% Std Brands 15% I5Vs 15% 1574 Drugs— Coty Inc 4% 4% 4% 4% Lambert Cos .... 587s 5674 56 % 5774 Industrials— Am Radiator ... 9*4 8% 8% 9% Bush Term 7% 7Vi 7% 17** Certainteed 3Vs Gen Asphalt ... 14% 13% 14 14% Otis Elev 26 26% Indus Chems— Allied Chem 80% 78% 80 82 Com Solv 12 1174 11% 11% Union Carb ... 35% 3574 35% 35% U S Ind Alco ... 25% 25 25 26 Retail Store*— Assoc Dry Gds 1274 13 Gimbel Bros 374 Kresge S S 22% 22 22V4 2174 Mav B Stores 277* 26% Mont Ward .... 12** 13 12 12% Indianapolis Stocks —Oct. 9 v Bid. Ask. American Cent Life Ins C0..975 Belt R R Jr S Yds Cos com.. 28 34 Belt R R Jr Yds Cos Pfd 497* 55 Bobbs-Merrill Cos 10 Central Ind Power Cos pfd 75.. 60 70 Circle Theater Cos com 7s Citizens Gas Cos com 10s .... 20 Citizens Gas Cos pfd 5s 94 100 Commonwealth Ln Cos Pfd 75.. 97 101 Commonwealth Loan Cos 85... 101 Hook Drug com 974 ... Indiana Hotel Cos C1avp001....110 Ind Hotel Cos pfd 6s 100 Indpls Gas com 6s 55 61 Indpls Pwr J: Lt Cos pfd 5%5. 94 96V* Indpls Pub Wei Ln Assn cm 8s 5074 ... Indpls St Railway 174 Indpls Water Cos pfd 5s 100 Pub Servos Ind 60 Pub Servos Ind 6s 85 Metro Loan Cos 8s . 100 No Ind Pub Serv Cos pfd 65.. 90 91 No ind Pub Serv Cos pfd 5%5. 82 87 No Indiana Pub Cos 7s 100 106 Progress 18% Sons Fert Cos pfd 6s 47 Shareholders Invest Cos .. . 9 7 T er . Haute Tr Jr LI Cos ofd' 6s. 90 Union Title Cos com 3s 10 Van Camp Prod Cos Ist pfd 95 Van Camp Prod Cos 2d ofd Bs.. .. 95 Backstay Welt Cos com 17 Ind Pipe Line Cos 10 11 Link Belt com 19 20 Lynch Glass Machine Cos com. 12 137* Noblitt Sparks Industrials, Inc. 24 26 Perfect Circle Cos com 27 28 Real Silk Hosiery Mills Inc... 3 3% Real Silk Hosiery Mills pfd.. 24 30 Standard OH Cos (Indiana)... 20 21 Ross Gear ia 20 Natl Title ....M.:. 3 374 J D Adams Manufacturing Cos. 14 15 BONDS Belt R R & Stk Yds Cos 45.... 91 Cent Ind Gas Cos 5s Citizens Gas Cos 5s 97 Citizens Stret Railroad 5s 16 Home T Jr T of Ft Wavne 6s. 102% Indpls Power and Light Cos 5s 98% 9974 Indiana Service 5s 73 75 Ind Railways Jr Light Cos 55... .. Indpls Gas Cos 5s 97 Indpls Street Rys 4s 8 . . Indpls Trac Terminal Cos 55... 45 Indpls Water Cos 5%s '53 100% ... Indpls Water Cos 5%s '54 10074 ... Indpls Union Ry 5s ,95 Indpls Wa Cos Ist lien ref 55.. 92% ... Indpls Water Cos 4%s .... 96 Indpls Water Wks Sec Cos 55.. 85 90 Interstate Pub Serv Cos 4%5.. 81*4 82 Interstate Pub S Cos (Bt 67-28. 90 No lad Pub Serv Cos 95 97 Terre H TJZ L 5s 10 shares Idpls. Pwr. JsSt, pfd. 5%s at 93

7'* ** *•* *} SMI 8* illt '{ SSS Amusements— Col Graph 474 4% 4% 4% Eastman Kod ..109% 107% 109 109% Fox Film A 9 8% 8% 97s £° e s Inc 38% 35% 36% 37 Param Fam .... 13% 13% 13% 13% Radio Corp .... 13% 13*. 13% 14 R K O B’* B*'2 BT*8 T * Q 7. Schubert .. . . * *1! Warner-Bros ... 77i 7 ‘7 7 Miscellaneous— City Ice Jc Fu 287* Congoleum ... ij jj Am Can 85 83% 84% 84% 3 £> 3 S* 3 l u rSPsiu? 13 mi 13 Un Arcft 16% 15% "is% 58 % Int Harv 21% 27 27% 277s J I Case 44% 40% 44% 41%

Bright Spots of Business

„ By United Press YORK, Oct. 9.—Tonnage sales of Atlantic & Pacific Tea Cos for SStSiS. TBS. * to 6 Ed'ws rri* 1 v he rJ;* 1 * ew w eeks. according to Edward Van Dyne, superintendent. mn^ S ii n ? GT P N T Army awards air equipment contracts Involving $1,931 954 made cM?t° U rn?t* rC^ f S Prat & Whitney AirAirplane and Motor, and Detroit Aircraft companies.

The City in Brief

„ . SATURDAY EVENTS Beta Theta Pi, luncheon. Board of Trade. Sigma Alpha Epsilon, luncheon. Chamber of Commerce. Harry E. Davis, Cleveland civil service commissioner, will speak at the Negro Masonic temple, 354 Indiana avenue, tonight on “Some Historical Aspects of Prince Hall Masonry.” The lecture is under the auspices of the Negro Scottish Rite Masons. New officers of the University of Wisconsin Alumni Club are: S. A. Bishop, president; Miss Mary Margaret Patrick, vice-president; Miss Joyce Jackson, secretary, and William W. Garstang, treasurer. Annual fall outing of the Marion County Bankers’ Association will be at Clifty Falls State Park inn near Madison, Saturday and Sunday. Resolution supporting action of the American Legion national convention demanding a referendum on prohibition was adopted by the Robert E. Kennington post, No. 34, of the legion here. Dr. J. F. Spaunliurst, Indianapolis, has been named Indiana chairman of the department of education of the American Electronic Research Association. Selection of Indianapolis for the annual convention of the American Society of Certified Public Accountants, Oct. 5 to 8, 1932, was announced today by the Indianapolis convention bureau. One thousand delegates will attend the meeting. Other Livestock By United Press EAST BUFFALO. N. Y.. Oct. 9.—Hogs on sales. 2.800; fairly active, mostly to packers. weights, above 220 lbs., steady to 15c higher: lighter averages. 10-15 c lower: desirable. 220-260 lbs., [email protected]; 180-200 lbs., $5.85®6; 150-170 lbs., $5.60(775.75; 130150 lbs.. $5.25®5.50. Cattle—Receipts. 250; holdovers. 150: grassy cattle slow, fully 35c under Monday’s average, short fed heifers. [email protected]: common to medium steers. $5.25 (55.75; cows, unchanged, cutter grades. $2.25(&.3.25. Calves—Receipts. 500; vealers, slow, steady, good to choice. $10®10.50; common and medium. *[email protected]. Sheep —Receipts. 1.900: lambs quality Plain, market, steady to 10c lower: good to choice. $7: inbetween grades. [email protected]; medium lots and bucks. $6.25; strongweight throwouts. [email protected]. By United Press CLEVELAND, Oct. B.—Hogs—Receipts, 2,500: holdover, 129; steady; bulk, 160-300 lbs. sorts, $5.75; most pigs, $5; rough sows, $4.25; smooth 301-lb. weight, $5. Cattle—Receipts, 500; fair movement; cutter to common steers, scaling under 1000 lbs., $4.25(5)6; look steady to 25c under Monday; bulk as yet unsold; cutter grades cows. [email protected]; calves, receipts, 400; weak to 50c lower; good and choice vealers. uneven. $10@11; cull and common. $5.50@7; medium upward to $9. Sheep—Receipts. 1,300; lambs, steady; better grades, $6.50(57: sparingly. $7.25; thowouts mostly $5(55-50; sheep unevenly over.previous quotations; some 50c higher; few lightweight ewes upward to $3.50. RAW SUGAR PRICES —Oct. 8— , High. Low. Close. January 1.36 1.35 1.36 March 1.37 1.35 1.37 Mav 1.39 1.37 1.39 July . 1.42 1.41 1.12 September 1.46 1.45 1.46 December 1.39 1.37 1.39 NEW YORK COFFE RANGE —Oct. 8— „ . High. Low. Close. March 5.02 4.96 4.96 Mav 5.06 5.01 5.06 July 5.22 5.10 5.16 September 5.27 5.16 5.24 December 4.75 4.70 4.75 Local Wagon Wheat City grain elevators are paying 37c for No. 2 red wheat and 36c for No. 2 hard wheat. Marriage Licenses Roy James Taylor. 24. Indianapolis, railroad worker, and Garnet Johnson. 19. of 2126 Prospect street. Luther A. Gregory. 20. of R. R. 7, Box 289. butcher, and Jewel Griffin. 19. of 2053 South Pennsylvania street, housekeeper. Virgil Lee Good. 23. of Mars Hill, pipe fitter, and Ada Marie Roach. 18. of 577S Broadway, housekeeper. Charles Banciu. 26. of 523 West Market street, laborer, and Pauline Parven. 17. of 125 South California street, meat company employe. Harold Ross. 24. of 217 West .Fortyfourth stret. editorial work, and Louise Moon. 19. of 2425 North Alabama street, stenographer. Blanchard C. Harris. 35. of 3938 College avenue, service station supervisor, and Juanita M. Brown. 20. of 1134 West Thir-ty-sixth street, musician. Charles F. Leser. 41. of 1331 South Belmont avenue, city fire department employe, and Erma Fugate. 31. Indianapolis, beauty shoo operator. RITCHIE ADDS APPROVAL Indorses Hoover Plan to Release Frozen Bank Assets, By United Press CAMDEN, N. J., Oct. 9.—Governor Albert C. Ritchie of Maryland, prominently mentioned as a candidate for the Democratic presidential nomination in 1932, has indorsed President Hoover’s plan to bring into circulation millions in frozen bank assets. ‘•No greater service could be done than to liquidate these assets, especially’ in the rural districts,” he declared. NAMED TO ROAD POST Ralph Johnson, Highway Clerk, Made Assistant Director. Ralph E. Johnson, chief clerk of the state highway commission, today was named assistant director. The position was created by the commission Thursday. Johnson has been with the commission since 1919, coming here from Princeton, Ind. He is a Purdue graduate. Besides his new duties, Johnson will continue his work as clerk.

THE INDIANAPOLIS TIMES

LIGHT DEMAND SENDS PORKER PRIGESLOWER Choice Light Steers Show Strength; Other Cattie Classes Dull. Heavy receipts, coupled with ordinary demand, combined to send hogs down 10 to 20 cents this morning at the Union Stockyards. The bulk, 160 to 300 pounds, sold for 55.25 to $5.60; early top holding at j $5.60. Receipts were estimated at 9,000; holdovers 615. In the cattle market choice light steers were strong, two loads selling at $10.25. Other classes were extremely dull. Receipts were 500. Vealers held unchanged at $9 down. Calf receipts numbered 600. Lambs were fully steady, the bulk selling at $6 to $7. Receipts were 800. Chicago hog receipts were 20,000 including 4,00 direct. Holdovers were 5,000. Scattered early sales were steady to 10 cents lower than Thursday’s average; most of the decline centering on lighter weights. Weights of 200 to 280 pounds brought $5.50 to $5.70; best heavies to $5.80 and above. Cattle receipts were 3,000; calves 700 and steady. Sheep receipts 25,000; market steady. HOGS Bulk. Early Top. Receipts. Oct. 2. $5.40® 5.70 $5.80 6,500 3. 5.50® 5.75 5.80 4,500 5. 5.35® 5.60 5.65 7.000 6. 5.30® 5.50 5.55 7,000 7. 5.40©' 5.60 5.70 6.500 8. 5.45® 5.70 5.70 6,000 9. 5.25® 5.60 5.60 9,000 Receipts, 9,000; market, lower. —Light Lights—-(l4o-160) Good and choice...s 4.75® 5.00 —Light Weights—-(l6o-180) Good and choice... 5.25 (180-200) Good and choice... 5.35 —Medium Weights—-(2oo-220) Medium and g00d... 5.50 (220-250) Good and choice... 5.50® 5.80 —Heavy Weights—-(2so-260) Good and choice... 5.50@ 5.60 (290-350) Medium and g00d... 5.25(§> 5.50 —Packing Sows—-(27s-500) Medium ana g00d... 4.00@ 5.00 (100-130) Slaughter pigs 4.25® 4.50 CATTLE (Slaughter Class) Receipts, 500; market, steady. —Steers— Good and choice $ '[email protected] Common and medium 4.25® 7.75 „ J (1.100-1,500) Good and choice [email protected] Common and medium 5.25® 7.50 —Heifers—-(soo-850) Good and choice 7.00® 9.50 Common and medium 3.50® 7.00 —Cows— Good and choice 4.00® 5.50 Medium 3.00® 4.00 Cull and common 1.50® 3.00 „ . —Bull (yearlings excluded) Good and choice beefs 3.50® 4.50 Cutter, common and medium 2.00® 3.50 CALVES AND VEALERS Receipts, 600; market, steady. —Vealers— Good and choice $ 8.50 @ 9.00 Medium 6.50® 8.50 Cull and common 4.50® 6.50 —Calves— Good and choice 5.50® 7.50 Common and medium 3.00® 5.50 STOCKERS AND FEEDER STEERS Good and choice 5.00® 6.75 Common and medium .;.... 3.00® 5.00 „ 0 , (800-1.500) Good and choice 5.00® 6.75 Common and medium 3.00® 5.00 SHEEP AND LAMBS Receipts, 800; market, steady. Good and choice $ 6.00@ 7.00 Common and medium 3.00® 6.00 Ewes, medium and choice.... 1.25® 2.25 Cull and common 50® 1.25 Other Livestock By United Press CHICAGO. Oct. 9. —Hogs—Receipts, 20,000. including 5,000 direct: steady to 10c lower; 200-300 lbs., [email protected]; top. $5.80; 140-190 lbs., [email protected]; pigs, $4(04.50; packing sows. [email protected]; smooth lightweights to $5.40; light lights. 140-160 lbs., good and choice. [email protected]; lightweights, 160-200 lbs., good and choice, $5®5.60; medium weights. 200-250 lbs., good and choice, $5.35 @5.80; heavyweights. 250-350 lbs., good and choice, [email protected]; packing sows. 275-500 lbs., medium and goiod, $4.50 @5.40; slaughter pigs, 100-130 lbs., good and choice, [email protected]. Cattle—Receipts, 3,000; calves, 700; moderately active and generally steady on fed steers, yearlings and she-stock; grassy kinds also steady; vealers strong; bulls steady; slaughter cattle and vealers; Steers, 600-900 lbs., good and choice, [email protected]; 900-1,100 lbs., good and choice, [email protected]; 1.100-1,300 lbs., good and choice, [email protected]; 1,3001,500 lbs., good and choice, [email protected]; 600-1,300 lbs., common and medium. s4® beifers, 550-850 lbs., good and choice, [email protected]; common an dmedium, s3® 6.75; cows, good and choice. [email protected]; common and medium. [email protected]; low cutter and cutter cows, [email protected]; bulls, yearlings excluded, good and choice, beef. [email protected]: cutter to medium. [email protected]; vealers. milk fed. good and choice. $7.50 @ 8.75; medium. [email protected]; cull and common, $4 @6. Stocker and feeder cattle—Steers. 500-1050 lbs., good and choice. $5.50@7; common and medium. [email protected]. Sheep— Receipts. 20.000; mostly steady to strong: spots shade higher; good to choice native lambs. [email protected]: few. $6.50: choice westerns held above. $6.50: medium Montanas. [email protected] to killers feeders. $5(06.25. Slaughter sheep and lambs—Lambs. 90 lbs. down, good and choice. [email protected]; medium. [email protected]: all weights common. $3.50 @5; ewes. 90-150 lbs., medium to choice. $1(02.50: all weights, cull and common. 75c @51.50; feeding lambs. 50-75 lbs., good and choice. [email protected]. By United Press EAST ST. LOUIS. 111.. Oct. 9.—Hogs— Receipts. 8,000; market. 10@20c lower; top. $5.60; most 180-250 lbs.. $5.35®5.50; 150-180 lbs.. $5.15®5.40; 100-150 lbs.. $4.75 @5.15; sows. [email protected]. Cattle —Receipts, 1,200; calves, receipts 600; market, not enough native steers on sale to make a market; five cars native steers. [email protected]; two cars at $4; steady; vealers steady with Thursday’s close, and 25c lower than Thursday’s opening at $9; other classes steady in clean-up trade. Sheep—Receipts, 800; market, steady; bulk desirable lambs to packers, [email protected], with few downward to $5.75: buck lambs, $5®5.25; thrdwouts, $3.50; fat ewes, $2 down; lambs; 90 lbs. down, good and choice, [email protected]; meum [email protected]; all weights, common, $3 90-150 lbs., medium to choice, <5 2.25; all weights, cull and common. [email protected]. By United Press •> Gc * ; - — H °(t —Receipts. 3,900: heldover. 100: practically nothing done on weights, 180 lbs. up: verv few sales and most bids on 190-260 lbs., 25c lower at $5.65. asking generally 65.75; some higher; lighter weights unevenly steady to 50c higher: 130-170 lbs. mostly $5.25; sows, steady to weak. [email protected]. Cattle—Receipts. 500: calves. 300. slow; peddling trade on common and medium steers heif S r s. s4@6; some downward to $3.50: a few better finished kind. $6.50® 7.50; other classes, unchanged: most beef cows. [email protected]; low cutters and cutters. $2(83.25; practical top bulls. $4.50; good and choice vealers. steady. $8.50<89 50; lower rrades practically unsalable. Sheep —Receipts, 1.000: lambs, barelv steady; better grade ewes and wether lambs. S6© 6.50: few. $6.75: common throwouts. s4® 4,50: medium grades and buck lambs, upward to $5.50; skips downward to $1.50; fat ewes. $1.50 downward. By Times Special LOUISVILLE. Oct. 9.—Hogs—Receipts. 500: weights. 175-300 lbs.. 25c lower; all others steady: 175-240 lbs.. $5.35; 240-300 lbs.. $4.95; 300 lbs. up. 04: 130-175 lbs., $4.90; 130 lbs. down. $4.90: packing sows, [email protected]; stags. $2 down. Cattle—Receipts. 250; steady; bulk medium and good slaughter steers and heifers. $5®6.50; undergrades down to $3; best cows. s3<B4; bulls. $4 down. Calves—Receipts, 450; steady; ton vealers. $7.50: medium vealers. s4@s: culls. $3.50 down. Sheep and lambs—Receipts. 350: steady; best fat lambs. $6: buck lambs. $5: throwouts. $3 down. Thursday’s shipments—Cattle. 45; calves, none: hogs. 139; sheep, 182. By United Press TOLEDO. Oct. 9.—Hogs—Receipts. 300: market, steady to 10c lower: heavies. ss® 5.50; mediums. [email protected]: Yorkers. $4.50® 4.75: pigs. $4.5004.75. Cattle—Receipts, light: market, steady. Calves —Receipts, light; market, active, steady. Sheen —Receipts. light: market, slow steady. By United Press . FT. WAYNE. Oct. 9.—Hogs. 15c to 25c lower: 100-120 lbs.. $4; 120-140 lbs.. $4.25; 140-150 lbs.. $4.50: 150-160 lbs.. $4.75; 160180 lbs.. $5.05; 180-200 lbs.. $5.15; 200-225 lbs.. $5.25: 225-250 lbs.. $5.40; 250-300 lbs.. $5.25; 300-350 lbs.. $5.15: roughs. $4; stags, $2.50: calves, $9; lambs. $6. By United Press PITTSBURGH. Oct. B.—Hogs—Receipts. 2.0C0; market, slow; steady to 10c higher; 180-250 lbs., [email protected]: some held to $6: 150-170 lbs.. [email protected]; medium to good packing sows. *[email protected]. Cattle—Receipts. 25; market, about steady; cutter to medium cows. $2.’;5®4; calves, receipts. 75; vealers, weak to $1 lower; top, if; bulk. s7® 10. Sheep—Receipts.! 1,000; lambs, slow to steady; good and choice handyweight®, S6.6O@J. _

Dow-Jones Summary

California Water Service Company declared the regular quarterly dividend of $1.50 a share on 6 per cent cummulative preferred stock, payable Nov. 15, of record Oct. 31. Kreage Department Stores, Inc., and subsidiaries in six months ended July 31, profit 1148,967, against profit of $139,079 for six months ended July 31, 1930. New York cables opened in London at 3.855. against 3.86: Paris, checks. 98; Amsetrdam, 9.50; Italy, 74.50, and Berlin, 16.26. Ogilvie Flour Mills In year ended Aug. 31, earned $8.20 a common share, against $13.16 in previous year. Daily gold statement of New York Federal Reserve bank Thursday shows Increase of $28,000,000 In gold earmarked for foreign account. I. C. C. authorized Louisville & Nashville Railroad to issue $10,000,000 of tenyear 5 per cent bonds. Jantzen Knitting Mills declared a dividend of 15 cents on common stock, payable Nov. 1. of record Oct. 15. Lazard Freres is shipping $4,500,000 gold to France on S. S. Paris. Daily average volume of federal reserve bank credit outstanding during week ended Oct. 7. amounted to $1,757,000,000, up $265,000,000 over previous week and $716,000,000 over like 1930 week. „J J i£'$ ers ’J oans off $171,000,000 to $1,001,000.000. Non-brokers’ loans off $58,000 - 000. Reserve system ratio 67.1 against v i JE*?* a *° anc * 81.6 a year ago. New York 68.9 against 76.0 and 83.7, respectively.

In the Cotton Markets

(By Thomson & McKinnon) NEW YORK, Oct. B.—Anticipating a bearish estimate this morning the south was a heavy seller. The marke took the report philosophically to say the least. At 5 or 6 point decline they began methodically to fill the orders which had been booked and not cancelled as is usually the case, on a government day. The volume was large but not unusually so. Within an hour prices were 10 points higher than just previous to the receipt of the estimate. Shorts were nervous as soon as the market reopened. They were a little slow to cover but at noon they were actively buying back their contracts. CHICAGO —Oct. 8 — High. Low. Close. January 6.05 5.67 5.97 March 6.29 5.90 6.20 May 6.49 6.09 6 40 July 6.47 6.24 6%7 October 5.75 5.45 575 December 5.97 5.57 5.88 NEW YORK High. Low. Close. January 5.98 5.58 5 92 March 6.17 5.76 61)9 May 6.40 5.98 6.28 July 6.56 6.15 6.49 October 5.67 5.02 5.68 December 5.89 5.47 5.79 NEW ORLEANS January 5.94 5.56 5.87 March 6.18 5.74 6.06 May 6.36 5.95 6.26 July 6.54 6.15 6.43 December 5.88 5.45 5.76 Produce Markets Eggs (county rum—Loss off delivered in Indianapolis. 17c: henerv aualitv No 1. 20c; No. 2. 12c. Poultrv (buying prices)—Hens weighing 5 lbs. or over. 17c: under 5 lbs., 16c: Leghorn hens. 13c; *930 broilers, full feathered. 3V* lbs. and up. 16c; bareback. 12c: Leghorn broilers. 15c; spring chickens, 4 lbs. and over. 16c; under 4 lbs.. 16c: old cocks. B®9c: ducks, full feathered. 9c; geese. 6c. These prices are for No. 1 top aualitv auoted bv Kingan & Cos. Butter (wholesale)—No. 1, 34@35c; No. 2. 32@33c. Butterfat—34c. Cheese (wholesale selling price per pound)—American loaf. 23%c; pimento loaf. 25%c; Wisconsin firsts. 19c; Longhorns. 19c; New York limberger. 30c. By Uniteft Press NEW Y JRK, Oct. 9. —Potatoes—Market, dull and weak; Long Island, [email protected] barrel; New Jersey, [email protected] basket; Maine, [email protected] barrel; Idaho. $2.50 sack. Sweet potatoes—Market, dull and weak; jersey baskets, [email protected]; southern bsakets, [email protected]; southern baskets. 35® 85c; southern barrels, [email protected]. Flour— Market, quiet and firmer; spring patents, [email protected] barrel. Pork —Market, quiet; mess. $10.50 barrel. Lard—Market, firm; middle west spot, .0780®.0790c lbs. Tallow —Market, easier; special to extra, .02%® .02 7/ BC. Dressed poultry—Market, quiet; turkeys. 35@40c; chickens. 17@33c; broilers, 17@32c; fowls. 11@26c; ducks. Long Island. 16@18c. Live poultry—Market, setady to firm; geese. 13@15c; ducks, 13® 24c; fowls. 14@22c; turkeys. 20@25c; roosters. 12®13c; chickens. 15®24c. Cheese —Market, quiet; state whole milk, fancy to special. 15%@17c; young Americas. 16 @l7 Vic. By United Press CINCINNATI, O. .Oct. 9.—Butter, steady; creamery in tub lots, according to score, 29@31c; common score discounted. 2@3c; packing stock No. 1. 22c: No. 2. 19c: No. 3.12 c: butterfat. 30@32c. Eggs—Firm; cases, included: extra firsts. 30c; firsts, 25c; seconds. 21c; nearby ungraded, 28c. ive poultry—Thin and coarse stock sell only at heavy discount: fowls. 5 lbs. and over. 19c: 4 ibs. and over. 16c; 3 lbs. and over. 14c; Leghorns. 3 lbs. and over, 12c; roosters. 11c; broilers, colored. 1 lb. and over. 23c; 1% lbs. and over. 20c; 2 lbs. and over. 18c: fryers. 3 lbs. and over, 18c; partly feathered. 12c: Leghorn broilers, 1 lb and over. 23c; 1% lbs. and over. 18c; 2 lbs. and over. 14c; black springers. 13c; roasting chickens, 4 lbs. and over. 18c. By United Press CTjEVELAND, Oct. 9.—Butter—Extras, 37%c; standards, 36%c; market, firm. Eggs —Extras, 30c; firsts, 24c: market., firm, Poultry—Heavy fowls, 20@22c; medium, 18® 20c; Leghorn, 12® 15c; heavy broilers, 17(018°; Leghorn broilers, 13@15c; ducks, 12(Si 16c; old cocks, 12@14c; market, steady. Potatoes—Ohio Cobblers, 50@60c; per mushel sack; Maine Cobblers, mostly $1 PfL. sack: Idaho Russet, mostly $1.75@1 85, few $1.90 per 100*lb., sack. By United Press CHIC A GO Oct. B.— Eggs—Market, firm; receipts, 2.128 cases: extra firsts. 25%c; firsts. 24.ic: current receipts. 18©22%c; seconds. 12@17c. Butter—Market, steady; receipts. 7.087 • tubs: extras. 33c; extra 30@31%c: firsts. 26@28c; seconds. 24 @25 %c: standards ,32%c. Poultrv— Market.. unsettled firm; receipts, 2 .cars; fowls. 13® 17c: springers. 15® 16c: Leghorns. lltic; ducks. Il®l5c: geese. 13c; turkeys. 17®23c: roosters. 12c: broilers. 2 lbs.. 14c: broilers, under 2 lbs.. 14c; Leghorn broilers. 13c. Cheese—Twins. 15% @ 15’ic: young Americas. 15%@16c. Potatoes —On track. 289; arivals. 109; shipments. 939; market, slightlv stronger. Wisconsin Cobblers. 80®90c: Minesota and North Dakota Cobblers. 80(7?90c: Idaho Russets. $1.20 &1.35: Minesota Red River Ohios. 80(&85c, New York Liberty Bonds "■ Oct. 8 3%s . 101.5 Ist 4%s 102. 4th 4Vis 102.9 Treasury 4%s 108.20 Treasury 4s 104 20 Treasury 3%s 102 20 Treasury 3%s of ’47 100T6 reasurv 3%s of 43 March* 100.16 Specialists tn Unlisted Securities Edw. W. Zaiser Securities Corporation 414 Continental Bank Bldg. Riley 4043 James T.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. Blley 5493 Riley 5194

FUTURES MAKE FURTHER GAINS IN FIRMTRADE News From Russia, Germany Bullish Factor in Wheat Pit. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO, Oct. 9.—Wheat made a show of resistance to a dip in stocks on the Board of Trade today and opened unevenly. March showed exceptional strength, but the other months held around the previous close, with December slightly weak. Liverpool was strong on better foreign advices, but the advance checked business. Corn dipped & good fraction and oats were easy. At the opening wheat was % cent lower to ?8 cent higher, corn was % cent to Vz cent lower and oats were unchanged to % cent lower. Provisions were slow and steady. News Is Bullish Liverpool was sharply higher on another decline in sterling, prices being 1% to 1% cents up at midafternoon. Ser. ament in grains was materially strengthened by the favorable action in stocks and the trade consequently was more inclined to the buying side. The Russian news to the effect that the chartering of vessels has decreased and the report of a further reduction in the German estimate were added bullish factors leading to expectations of a better export demand. Com Shorts Cover The absorption of December and May corn has been very large in the last few days. This is partly attributed to covering by two large operators and the putting out of a long line by another professional on the changed sentiment. Oats have received no material pressure recently and this tends to keep the market steady. Advances have not been as marked as in the other pits as oats receive less attention than wheat and corn.

The Sale For Which Everybody —Celebrating 32 Years of Progress .... H Entire Stock J (With a Few Except ions) I A Every BWB 1 article bears H original price This Great i half, and in addition easy credit terms at no Saturday* extra cost. Buy Now for Xmas! Diamonds y 2 Price HSiTj Jk /Wf $15.00 Diamond Rings, s7'so Leather H XaSfeSSL % Off—Now I Key gnjfittfitg Diamond Rings, sj|2 # 50 Con- | tUIU |j^ \\ \ Diamond Rings, $1 Q. 75 these! Keeps \\ Off-Now 10 o r'il erf 'pro- i|L $50.00 Diamond Rings, sO£*.oo teet s your , j \\ wf Vz Off—Now 40 whll e they H j| 'IUI Diamond Rings, " IpPn 1 111 illwwl PAY 32c DOWN! m SI.OO and $1.50 Compacts 32cl Buy Now at Exactly */ 2 Price! f \imlversary Surprise for Men! ° I,A(HFV' AND &T GE\T S’ * $15.00 Seth Thomas d*>7 ZA Pocket SOLID GOLD . J.L *££“ STONE SET RINGS $6.751 as... p-f/yy/fisk: A go at % price* $5.00 Solid Gold Wedding Ring*, g J**®' a ha,f // H V//T ill ll B<>au “ful new Etyle_R ~hi e K ? ethyßtß, Sappl * ireB > Emeralds.’ J $22.50 Diamond Wedding Rings. Ire linn- Sed \\ / Y/' ejl *IO.OO Solid Gold tfr- Art Cl IDC I Man etc Vv W j] RINGS, % off —Now $5.00 Men’s’ Eigin' Vvatch.' ’ thin model, I RF S “ %’ STa SS.SSSi M k ’"'Y,Toc P /,?„ $12.50 $11.25 PAY 32c DOWN! f-" All $1.50, $1.95 and $2.50 Costume Jewelry 32cj I Boudoir 1 WATCHES V 2 PRICE f32c $17.50 Ladies’ or Gents’ Wrist Watch, CO Tf* * V* Off—Now SO. / O $25.00 15-Jewel “Elgin” Wrist Watches, d>in p/k mq’rr.rnT; V* Off-Now SI4.DU with shade. Complete with 35.00 “Elgin” or “Illinois” 17-J vwel <M 7 r A base and *ilk cord at less _ lf . - ” I / Kll than cost to manufacturer. Watches, Off NOW tP JL | ■ Mlllill !■! PAY 32c DOWN! ......11... .I. .1.1 .... I Npw at 108 W. Washington Street

Cash Grain

—Oct. B—The bid* for car lots qf grain at the call of the Indianapolis Board of Trade, f. o. b. shippin gpolnt. basis 41Vic New York rate, were: Wheat—Strong; No. 1 red, 39@40c: No. 2 red. 38 6 39c; No. 2 hard. jß39c. Corn—Strong; No. 2 white. 32&33c: No. 3 white. 31®32c; No. 2 yellow. 30@31c: No. 3 yellow. 29 6 30c: No. 2 mixed. 28© o: No. 3 mixed. 27 6 28c. Oats—Strong: No. 2 white. 18®19c: No. 3 white. 17eise. Hay—(F. o b. country points taking 23%c or less rates to Cincinnati or Louisville.) No. 1 timothy. *7 @7.50: No. 2 timothy. $6@6,50. —lnspections —• Wheat—No. 2 red. 5 car:: No. 3 red. 1 car :No. 2 mixed. 1 car. Total. 7 cars. Corn—(New) No. 2 white. 1 car: No. 3 white. 1 car: No. 2 yellow. 7 cars: No. 3 vellow. 6 cars: No. 4 yellow. 2 cars: No. 5 vellow. 3 cars; No. 6 yellow. 1 car; sample vellow. 1 car. Total. 22 cars. Oats—No. 2 white. 2 cars; No. 3 white. 20 cars: No. 4 white. 1 car; No. 2 mixed. 1 car. Total. 24 cars. Chicago Grain Range —Oct. 9 WHEAT— Prev. High. Low. 11:00. close. Dec 49 .48% .48% .48% Mar 52 .51% .51% .51% May 53 .52% .52% .52% July 53% .53% .53% .53V* CORN— Dec 35% .35% .35% .35% Mar 37% .37 .37% .38 Mav 39% .39% .39% .40 July 40% .40% .40% .40% OATS— Dec 22% .22% .22% .22% May 25% .24% .24% .25 July 24 .23% .23% .24 RYE— Dec 39 .38% .39 .39% May 41% .41% .41% .41% LARD— Oct 7.30 7.05 7.30 7.30 Dec 6.32 Jan 6.07 6.05 6.07 6.05 By Times Special CHICAGO. Oct. 9. —Carlots: Wheat. 16; corn, 309; oats, 46; rye, 2, and barley. 19. By Times Special CHICAGO. Oct. B.—Primary receipts: Wheat—7ls.ooo. against 1,114.000; corn, 419,000, against 331,000: oats. 257,000, against 288.000. Shipments—Wheat, 957.000, against 1,572.000; corn, 179.000, against 171,000; oats, 89,000, against 319,000. By United Press TOLEDO. Oct. 8. —Close: Elevator prices: Wheat—No. 2 red. 52@53c. Corn —No. 2 yellow. 42%@43%c. Oats—No. 2 white. 26 @27c; old oats premium 3 to 4 cents. Rye —No. 2. 46c. Grain on track. 28%c rate. Wheat—No. 2 red. 46%<047c; No. 1 red lc premium. Corn—No. 2 yellow. 37’% @ 38%c; No. 3 yellow. 35%@37%c. Oats No. 2 white. 23®24%c; No. 3 white, 21® 23c: old oats premium 3 to 4 cents. Clover —Prime. $7.50; December. $7.75; February. SB. Alsike —Cash. $7.50: December. $7.75; February, SB. Butter—Fancy creamery. 35 @36c. Eggs—Current receipts, 19@23c. Hay—Timothy, per cwt., sl. By United Press CHICAGO. Oct. 8. —Cash grain close: Wheat—No. 3 red. 46%c: No. 2 yellow, hard. 47%c; No. 2 mixed. 47©49c; No. 3 mixed, 46V*c. Corn—No. 3 mixed. 38%c; No. 1 yellow. 37y@38V4c; No. 2 yellow, 37 @38*40; No. 3 yellow, 36%®37%c; No. 4 yellow. 36@37c; No. 1 white. 38c; No. 2 white. 37%@38%c; No. 3 white, 37'4@ 37%c; No. 5 white, 37c. Oats—No. 2 white, 22% @23 Vic; No. 3 white. 21%@22%c; sample grade, 20c. Rye—No. 2. 46c. Barley—4o(os9c. Timothy—s3.29©3.so. Clover —510.50(014.25.

PAGE 25

PROTEST RAIL RATE INCREASE ON LIMESTONE Hoosiers Go Before Commission to Fight Proposed Price Boost. By United Press WASHINGTON, Oct. 9.—Proposal of the Chicago Indianapolis & Louisville Railroad to increase rates on dressed lime (tone from the Bedford-Bloomington district of Indiana was opposed today before the interstate commerce commisison. R. B. Coapstick, traffic manager of the Indiana chamber of commerce. argued that a spread in the rates between rough and cut stone was prejudicial, because it would disturb a reasonable rate basis already existing. The Monon’s attempt to institute a rate of 16’ i cents per 100 pounds on rough limestone and 20’p cents per 100 pounds on dressed stone was protested by Coapstick’s organization when the rate was published last spring and the commission suspended the new rate until Nov. 10 pending an investigation which brought today’s arguments. Commisisoners Aitchison, Tate and Porter heard the case, assisted by Harry K. Cuthberton of the Indiana public srevice commission.

Investment Trust Shares

(By Gibson Jc Bernard) FRICES ARE TO 13 NOON C. 8. T. —Oct. 9 Bid. Ask. Am Founders Corp Com IV* 1% Am Jz Ger Sec A 10 Am Inv Tr Shares 3V 3% Basic Industry Shares S% 4% Collateral Tr Shares A ..... 4% SV Cumulative Trust Shares .... 4% 5% Diversified Trustee Sh A.... 10 ... Fixed Trust Oil Shares 2% ... Fixed Trust Shares A 9% ... Fundamental Tr Shares A.. 4% 5 Fundamental Tr Shares 8.... 4% 5% Leaders of Industry A 5 Low Priced Shares 4% 5 Nation Wide Securities 4Vs 4% National Industries Shares... 3% 4*4, North American Trust Shares 3% 4 Selected American Shares.... 33% Selected Income Shares 4V 4% Shawmut Bank Inv Trust.... 2 Std Am Trust Shares 4 4% Super Corp of Am Tr Shares.. 4Vi 4% Trustee Std Oil A 4 Trustee Std Oil B 4% 4*4 Unified Service Tr Shares A... 3% 3% U S Elec Light <fc Power A... 20% 22% Universal Trust Shares ..... '% 4%