Indianapolis Times, Volume 43, Number 135, Indianapolis, Marion County, 15 October 1931 — Page 16
PAGE 16
PORKER PRICES WEAKEN UNDER HEAVYjUPPLY lambs Feature Day’s Trade With Gains of 25 to 50 Cents. Heavy receipts, with nautrally lessened demand, combined to force hog prices down 25 cents this morning at the city yards. The bulk, 160 to 300 pounds, sold for $5.25 to 85.55; early top holding at $5.55. Receipts were estimated at 10,000; holdovers were 640. Not much change was evidenced in the cattle market. Receipts numbered 800. Vealers held steady at $9 dowm. Calf receipts were 650. Lambs showed good strength, prices moving up 25 to 50 cents in active trade. The bulk sold for $7 to $7.50, several loads making the market at $7.75. Receipts were 2,500. Chicago hog receipts were 30,000, including 6,000 direct. Holdovers w r ere 4,000. Generally asking mostly j steady, with a few early bids on : light weights below 220 pounds! around 10 cents lower than Wednes- J clay's average. Hogs weighing 190 to i 220 pounds sold at $5.35 to $5.50, while lighter weights around 140 to 170 pounds bid $5 to $5.20. Cattle receipts were 7,500. Calves 1,500, market steady. Sheep receipts were 20,000, market strong.
lions Oct. Bulk. Earlv Top. Receipts. 9. 5.25''/ 5 60 5.60 9.000 9. 5.238 5.60 5.60 9 000 10. 5.05''// 5.40 5.40 2.500 12, 5.30® 5.60 5.60 5,000 13. 5.304/ 5.60 5.65 9 000 14 5.50® 5 80 5.80 8,000 15. 5.25® 5.55 5.55 10,000 Receipts, 10,000; market, lower. —Light Lights—-(HO-1601 Good and choice....S 4.75® 5.00 —Light Weights—-(l6o-1801 Good and choice 5.25 (180-200) Good and choice... 5.35 —Medium Weights—-(2oo-220) Medium and good.. 5.45 (220-250) Good and choice ... 5.45® 5.55 —Heavy Weights—-(2so-290) Good and choice .. 5.454/ 5.55 (290-350) Medium apd g00d... 5.20® 5.45 —Packing Sows—-(27s-500) Medium and g00d... 4.00® 5.00 (100-130) Slaughter pigs 4.25® 4.50 CATTLE (Slaughter Class) Receipts. 800; market, steady. —Steers— Good and choice $ 7.75® 10.00 Common and medium 4.25® 7.75 (1,100-1,500) Good and choice 7.50®10.00 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 4.25®> 5.50 Medium 3.00® 4.25 Cull and common 1.50® 3.00 —Bull (yearlings excluded) Good and choice beefs 3.50® Cutter, common and medium 2.00@ 3.50 CALVES AND VEALERS Receipts, 650i market, steady. —Vealers— Good and choice $ 8.50® 9.00 Medium IKn Cull and common 4.50(di o.du —Calves — Good and choice Common and medium 3.00® 5.a1l STOCKERS AND FEEDER STEERS Good and choice a na Common and medium 3.00® 5 00 Good and choice 5.00® 6.70 Common and medium 3.00® 5.00 SHEEP AND LAMBS Receipts, 2,500; market, higher. Good and choice $ 7.00® Common and medium ... 4.00® 7.00 Ewes, medium and choice... 1-25® 2.25 Cull anti common uO® ljd
Other Livestock 2>7, United Piths CHICAGO, Oct. 15.—Hors— Receipts, 80,000, including 5,000 direct: mostly 10c lower; pigs and light lights, steady; packing sows steady to 10c lower; 210-300 lbs., $5,406/5.55; top. $5.60; 140-200 lbs., $5.10© 5.45; pigs. $4.50© 5.15; packing sows, $4.75 ©5 25; fights, 140-160 lbs., good and choice SS(O 5.25; lightweights. 160-200 lbs., good and choice. $5.10©5.45; medium weights, 200-250 lbs., good and choice, $5.30©/„5.60; heavyweights. 250-350 lbs., good and choice, $5.30(0.5.60; packing sows, 275-500 lbs., medium and good. $4,[email protected]; slaughter pigs. 100-130 lbs good and choice. $4.50© 5.15. Cattle—Receipts, 7.500; calves, 1,500: fat steers and yearlings, strong to 15c higher; better grade yearlings leading advance, instances 25c up; best long vearlings. $10.35; weighty steers $lO 25; big weights, $9.65; active market on all grades; she stock mostly steady; bulls steady to weak; vealers 50c higher; slaughter cattle and vealers; Steers. 600SOO lbs., good and choice, $7.50© ) 10.40: 9001 100 lbs., good and choice, $7,506/ 10.50; 1 100-1 300 lbs., good and choice. $7,754? 10.60: 1,300-1.500 lbs., good and choice, $7.50® 10.60; 600-1,300 lbs., common and medium, $46/ 7.50; heifers. 550-850 lbs., good and choice, $6,756/ 10; common and medium, $3®6.75; cows, good and choice $4,256/5.75; common and medium, $3.50© 4.25: low cutter and cutter cows. $2.25® 3.50; bulls, vearlings excluded, good and choice beef, $4,256/ 5.25; cutter to medium, $3.25©4.50: vealers. milk fed, good, and choice. $8,256/ 9.50; medium, $b.756/,8.25: cull and common, $56/6.75; Stocker and feeder cattle: Steers. 500-1.050 lbs., good and choice, $5.25® 6.75; common and medium $3.75® 5.25. Sheep—Receipts, 20.000; market, not fully established; few sales steady to strong: tendency higher: good and choice natice lambs, $6,256/6.75; outsiders. $76/7.25; best held around, $7.50; choice blackface ranker feeders $5.60; slaughter sheep and lambs. Lambs 90 lbs. down good and choice, $6.-56/ 7.35; medium. $5.50©6.25; all weights, common, $4 © 5 50- ewes. 90-150 lbs., medium to choice, $1,506/8: all weights, cull and common sl6/2; feeding lambs, 50-75 lbs., good and choice. ss© 5.60.
Bn United Press EAST ST. LOUIS. Oct. 15.—Hogs—Receipts. 10,500; market, mostly 15@25c lower’ top. $5.60; most 170-260 lbs., ss.2s<ir 5.55; 100-160 lbs.. $4.75ri/5.25; most 170260 lbs.. $5.25f0 5.55; 100-160 lbs., 54.75@ 5.25; sows mostly. $3.85f ( ;4.85. Cattle—Receipts 2,000. Calves—Receipts. 1,000; market, fed steers and medium bulls strong; vealers 25c lower; other classes, steady: a few fed steers. 57.60f 9.40; western steers. s4<vis.so: fat mixed yearlinprs and heifers. 55H7.50; cows. low cutters. $1.75fu2.25; top medium bulls. $4 25; good and choice vealers. $9.50. Sheep— Receipts, 2,800; market no early eales; bidding steady or around $6.75 down for desirable lambs, asking higher. Bn United Press CINCINNATI. 0.. Oct. 15.—Hops—Receiuts. 3.000; heldover. 220; market not est.. Wished, bidding mostly 20 cents lower on better grade 190 to 2bo lbs. at $5.65. asking generally $5.75. bidding 25c lower 'on lighter weights; sows, steady. S4o< 4.50. Cattle—Rf* \pts. 375. Calves—Receipts. 300’ slow generally steady; odd lots common and medium steers and heifers. s44i 6 25’ e few better linished kind upward to $7; sprinkling of feder yearlinp-s, $8; most beef cows. s3.so(ii 4.50; low cutters and cutters s2<ff 3.25; bulls. $4.50 down: vealers, active 50c to $1 higher than Wednesday s general trade; good and choice. s9@lo, lower grades. $8.50 down. Sheep—Receipts, 450; steady to strong: better grade ewe and wether lambs. $6.50 rs 7: common and medium s4fo6; sheep steady; fat ewes mostly $1.50 down.
Bn United Press TOLEDO. Oct. 15. —Hogs—Receipts. 350; market 15c to 25c lower; heavies, s*i 5 25- mediums. $5.25<S 5.50; yorkers $4.25t 4.75; pips. s4.2s'<i 4.75. Cattle—Receipts. 600; market, steady. Calves —Receipts. 100. market, slow, steady. Sheep—Receipts, 100; market, 25c higher; top. $6.i5. Bn United Press pa or BUFFALO. Oct. 15. —Hogs—Receipts. 1,500: rather slow; mostly to packers' 'weights above 160 lbs., 10'o 15c under Wednesdav s average: built desirable. 180oio lbs ss.Bs'u 6: 160-ljo lbs.. $5.60(05.i5. weight below- 150 lbs , $5.25i 5.50. Cattle —Receipts. 300: slow: barely steady; medium heifers. *6.25: common steers. *4.50. JfiiYter cows $2 25t<i 3.25. Calves —Receipts, oso nearbv vealers. steady; good and Choice $10.50; common and medium. $6.50 ut 8.50 ; grassy offerings unsold. Sheep HerpiDts' 900' lambs, active; steady at week - Svanee• eood to choice. $7.85; medium and K fat bucks $6.50-6.1i; stronewclght throwouts. $5.50'.; 5.7 j. Bn United Press CLEVELAND. Oct. 15.—Hogs—Receipts. 75°dow'nw S ard°on weights! Tff d'rv feds bullocks with weight as mimmm laroelv $7fti7.25: kinds to sell lambs relatively scarce; low' on tbrowSuts b *t downward to *5 in increased nura-
New York Stocks Bv Thomson & McKinnon)
—Oct. I^ Railroads— Prev. High. Low. 11 30 close. Atchison 112% 110 112’ i 108 Balt A: Ohio 37% 36% 37’, 35% I Chess At 0hi0... 31% 29'a 31% 28% C’hesa Corp .... 24 23 24 22 s * Chi rt West ... 4 s * Chi N West .... 15% 15 15% 14% CRI A: P . ... 26% 25% 28% 24% Del L & <feW 37 i Del Ac Hudson .. 97 95 97 97 j Erie 13 j Erie Ist pfd 15 Great Northern ... 26 25% Illinois Central 30% 29% 30% 29% Kan City So 13 Lou Nash ... 40 39 % 39% 38% M K Ac T .. 8% 8 Mo Pacific 14% 14% 14% 13% Mo Pacific pfd . . .. ... 37 N Y Central . . 59% 57% 59% 56% . Nickel Plate 16% !NYNH & H 43% 41 42% 40% Nor Pacflc 24% 24 24% 23 Norfolk Ac West 130 129 O Ac W 9 9 Pennsylvania. 33% 32% 33% 32% Reading 55 Seaboard Air L % ... So Pacific 51% 51% 51% 50% Southern Rv ... 18 17 18 16% St Paul 3 .St Paul pfd ... 6% 5% 8% 5% St L Ac S F 10 Union Pacific 112 111 Wabash 7 7 W Maryland 7% West Pacific . 3% Equipments— Am Car Ac Fdv 11% 11% Am Locomotive. .. . . . 11% Am Steel Fd . 10% 9% 10% 9\ Gen Am Tank 45% 44% 45% 44% General Elcc . 30% 29% 30% 28% Gen Ry Sipnal 35% 32 Lima Loco 18% 18% Press Stl Car 2 Pullman 29 27% 29 27 Westingh Ai B 19 j Westlngh Elec .. 46% 45% 46% 44 Rubbers—i Fisk % I Ooodrich 6% 6% I Goodyear . .. 23*4 23 23% 22% Kellv Sprgfld 1% I U S Rubber 6% 6% Motors— Auburn 115% 111% 114% 108 Chrysler 14% 14 14% 13% Graham Paige ... 2% General Motors.. 25% 24% 25% 24% Hudson 9% 9% Hupp 4% M-.ck iß*/4 Mormon ... 2'/* Nash 19% 18% 19% 18*, Packard ... 5 5 Reo 4% Studebaker 11% 11% Yellow Truck 5 4% Motor Arces—
Am Bosch ... ... 6 Bendix Avation.. 16*, 16% 16% 16 Borg Warner... 12% 12% 12% 12% Briggs 9*4 9% Budd Wheel . . 5 5 Campbell Wy . 9% 9 Eaton .. ... 9% El Storage B 33 Hayes Body ... I*4 Houda 3% 3% 3% . . Motor Wheel 7% 8 Sparks W 4% Stewart Warner 7 7 Timkin Roll .23 22% 23 22% Mining— Am Metals 6% 6% Am Smelt 22% Am Zinc ... 4 Anaconda Cop.. 15 14% 15 14% Cal At Hecla 5 Cerro de Pasco 13% Dome Mines 8% Freeport Texas.. 19 18 18*4 18 Granbv Corp 7 Great Nor Ore 14% Howe Sound . . 14% 14% 14% 14% Int Nickel 8% 8% 8% 8% Inspiration 4% 4% Kennecot Cop.. 12% 12% 12% 12 Magma Cop 9 Miami Copper.. .. ... ... 3% Nex Cons ... 6 6 Texas Gulf Sul 23% U S Smelt 14% 14% Oils— Amerada 14% 14 14 14 Am Republic ... 3% 3% 3% ... Atl Refining .... 11% lIV4 11% 11 Barnsdall 5% 5% 5% 5% Beacon 9'/a Houston 5% Ohio Oil 7% 7% Mex Sbd 8% 8 8% 7% Mid Conti 6% 6% 6% 6% Pan Amer B 22 Phillips 5% 5% Pr Oil Ac Gas... 6% 6% 6% 6% Pure Oil 5% 5% Royal Duth ... 18% 18 Shell Un 4 3% Sinclair 6% 6*% 6% 6% Standard of Cal. 30% 30% 30% 30% Standard of N J 31% 31 31 % 30 Soc Vac 14% 13% 14 13% Texas Cos 17% 17>/a 17% 17% Union Oil 15 14% Steels— Am Roll Mills 12% 12 Bethlehem 28% 27% 28% 27 Bvers AM 17 16% 17 15% Cruc Steel 23% 23% Inland 29 Ludlum 6% Repub I & S 7 6% 7 7 U. S. Steel 67% 66% 67% 66 V 4 Vanadium 17 16% 17 16% Youngst S <W W 22 23 Tobaccos— A Tob A (new) 81% A Tob B (new'l 88 86% 87% 85 Con Cigars 24% ... General Cigar 30% Lig Ac Myr <B).. 51 % Lorillard 13% 12% 13 12% Reynolds Tob.. 38% 38% 38% 38% Tob Pr (B) 2% 2% Utilities— Abitibi 3*/a Adams Exp 9 8% 9 8% Am For Pwr.. 14 13% 14 12% Am Pwr Ac Li.. 19 18% 19 17 A T Ac T lA’i 131% 133% 130% Col Gas Ac El. ... 20% 19% 20'% 19% Com Ac 50u.... 5% 5% 5% 5% El Pwr Ac Li... 21 % 20% 21% 20% Gen Gas (A) ... 3Vb 2% Inti T Ac T.... 16% 15% ?6% 15% Natl Pwr Ac Li 16% No Amer Cos 36% 34% 36% 34% Pac Gas Ac El.. 34% 34 34% 34 Pub Serv N J.. 61% 60 61% 58% So Cal Edison.. 34% 34% 34% 33% Std G Ac El 36% 35 United Corn 13% 12% Ut Pwr Ac L A.. 11% 10% 11% 11% West Union 86 84% 86 83% Shipping— Am Inti Corp.. 8% 8% 8% 8 N Y Ship 4% 4% United ’Fruit 31% Foods— Armour A ..../. .. ... 1% 1% Can Dry ... 18 18% Coca Cola 106% 105 106% 103% Cont Baking A 6% 6% 6% 6% Corn Prod ... 43% 42 Cuban Am Sug 2% Gen Foods 36% 35 35% 36% Grand Union 9% Hershey 79 Jewel Tea 30 29 Kroger 20% 20% 20% 19% Nat Biscuit 45 42% 45 42% Pillsburv 21% Purity Bak 14% Safeway St 46 45 Std Brands.... 15% 14% 15% 14% Drugs— Coty Inc ... 4% 4% Lambert Cos 54% 53 54% 51 % Lehn Ac Fink 20% 20% Industrials— Am Radiator.... 8 7% 7% 8 Bush Term Iff* Certainteed 3% Gen Asphalt 12 . 12 Otis Elev *4 Allied U Cheni n, . S "!T 77*4 75 76% 73% Com Solv 11 10% 11 10 * Union Carb 34 32% 34 33 U S Ind Alco 2a% 22%
Investment Trust Shares
(Bv Gibson & Bernard) PRICES ARE TO 12 NOON C. S. T. —Oct. 15Bid. Ask. Am Founders Coro com .... IV2 1% Am & Gen Sec A 10 ... Am Inv Tr Shares 3 3\a Basic Industry Shares 3% 4 Collateral Trustee Shares A.. 4 3 4 5% Cumulative Trust Shares ... 4Vi 4% Diversified Trustee Shares A.. 3*4 ... Fixed Trust Oil Shares 2%, ... Fixed Trust Shares A 9 ... Fundamental Trust Shares A 4% 4% Fundamental Trust Shares B 4 5 * sV'a Leaders of Industry A 4 7 a ... Low Priced Shares 414 4 3 i Nation Wide Securities 4 4 2 National Industries .Shares ... 3% 4% North American Trust Shares 3Va 3% Selected American Shares ... 33% Selected Income Shares 41a 4% Shawmut Bank Inv Trust... 2Vi 5 Std Am Trust Shares 4 4*2 Super Corn of Am Trust Sh 4% 4 5 * Trustee Std Oil A 4Vs •• • Trustee Std Oil B 4 42 Unified Service Trust Shares A 3 3j? U S Elec Light Pow A... 20'-2 22’2 Universal Trust Shares 3 3 4 4%
New York Curb Market
(Bv Thomson Sc McKinnon) —Oct. 15— 11:00! 11:00 Alum Cos of Am 77% Gulf Oil 45% Am Cvnamid.. 4 Humble Oil .... 47 3 4 Am Gas Sc El 39 li Int Pete 9 Am Lt & Trac. 25 Mead Johnson.. 51 Am Sup Pwr.. 6‘i Midwest Ut ... 10% Ark Gas (Al.. 2% Nat Invest 3 Ass Gas Sc Elec 7 Nia Hud Pwr .. 7’a Braz Pwr Ar Lt 8% Nl’es 10% Cent Sts Elec.. 3 3 a Penroad 4% Cities Serv .... 7 3o Penn Oil .... 13% Cons G of Balt 7014 Std of Ind 19% Cord 6% Trans Air Trans 4 Elec Bn4 & Sh 19% Un Gas (Ai... 3% Ford of Can... 11% Un Lt & Pwr.. 12 Ford of Eng... 6 5 a United Fndrs... 3 Goldman Sachs 2%l
New York Bank Stocks
(By Thomson & McKinnon) ——Oct. 14— Bid. Ask. America 36 fi 38' a Bankers 664-4 68 J . Brooklyn Trust 238 248 Central Hanover 153 157 Chase National 45 47 Chatham Phoenix Natl... 32 34 Chemical 35 City National a9 61 Corn Exchange 73 76 Commercial 180 188 Continental 18 \ 20'i Empire _ 33 35 First National 2.42a 2.525 Guaranty 304 309 Irving 23'i 24'4 Manhattan & Cos 42 3 < 44 a . Manufacturers 37 39 New York Trust 98 101 Public ... 2* 3t
Retail Stores— Assoc Dry Gds.. 11% 11% n% 11% K/esge 3 S 22 21% May D Store.... 25% Mont Ward 11% 11% 11% 10% Penny J C . 32% 32% 32% 31*4 Schulte Ret St 4% 4% Sears Roe 38% 38 38 36 Woolworfi) 53% 52% 52% 51% Amusements— Bruns Baike 3% 4 Col Graph 4% 4% 4% 4 Croslev Radio .. 3% Eastman Kod .106 103%. 106 101% Fox Film <AI .. 7*4 7% 7*4 7% Grigsby Grunw 2% 2 Loews Inc 36% 36% 36*4 34% Param Fam. ... 13% 12% 13 12% Radio Corp 13 12% 12% 12% R K 0 3% 8% 8% 7*4 Wraner Bros .. 6% 6*2 6% 6% Miscellaneous— City Ice & Fu 28% Congoleum 10% 10 Amer Can 81% 80% 81 79% Cont Can 35% 35 35% 35 Curtiss Wr 2% 2 2 2 Gillette S R . . 12% 11% 12% 11% Real Silk ... 3% Un Aircraft 15% 15 15% 14% Int Harv 26% 25% 26% 24% J I Case 46*4 45% 46% 43*4
DRIVE TO OPEN JOBS ADVANCED Chamber of Commerce Aid Pledged; Heads Named. Aid of the Indianapolis Chamber of Commerce was pledged today to I the state-wide campaign to relieve | unemployment by pushing rebuild- ■ ing and repair work. The campaign was advanced i further by the appointment of a j state committee by Dr. John W. Hewitt, executive secretary. The committee will get into action | following a state wide mass meeting at Cadle tabernacle Oct. 26, Hewitt said. Members are: Warren C. Fairbanks. Indianapolis, Indiana representative of President Hoover's unemployment commission. John E. Fredricks, president State Chamber of Commerce Kokomo. Charles O. Grafton, Muncie. president State Manufacturers Association. Thomas Taylor, president State Federation of Labor, Indianapolis. Robert N. Feustel, Midland United Company. Ft. Wayne. Samuel E. Boys, president Republican Editorial Association, Plymouth. Calude G. Broahecker, Democratic Editorial Association. Brownstown. J. H. Owens, secretary Contractors Association, Indianapolis. Charles W. Kern, president Indiana State Building Trades Council, Indianapolis. R. O. Johnson, president Municipal League. Gary. George C. Wright, president Architects' Association Indianapolis. Merritt Harrison, president Indiana Building Congress, Indianapolis. W. A. Collings. president Indiana State Bankers Association, Craw'fordsville. Harold Hobbs, president Indiana Realtors, Muncie. Otto Deluse, Fraternal Order Eagles. Indianapolis. Dr. J. S. Coffman, president Moose Lodee, Muncie. H. A. Strassweg, president Indiana Building and Loan Association, Evansville. C. D. Root, secretary Indiana Retail Lumber Association. Crown Point. H. H. Ellis Indiana Supply Dealers Association. Greencastle. William E. Price, chairman building trades section, Muncie Chamber of Commerce. Muncie.
CLOTHING IS STOLEN Several Houses Entered; One Auto Looted. Thefts of clothing valued at several hundred dollars from residences and an automobile were reported to police today. Mrs. Raymond G. Oster, 590 East drive, Woodruff Place, said her parked automobile was looted of $175 worth of wearing apparel. Breaking into the residence of Mrs. Ed Sourbier, 3504 Washington boulevard, burglars escaped with three coats valued at SIBO, she informed police. Forcing a window in the house of Mrs. D. M. Collins, 5137 Washington boulevard, thieves stole wearing apparel valued at $240, according to reports to police. School 29, College avenue and Twenty-first street, was ransacked early today, but the loot was not estimated, police said.
The City in Brief
FRIDAY EVENTS Exchange Club, luncheon, Lincoln. Reserve Officers’ Association, 6:30 I>. m., Antlers. Optimist Club, luncheon, Claypool. Altrusa Club, luncheon, Columbia Club. Phi Delta Theta, luncheon, Washington. First Ward Republican Club, 8 p. m„ Clark's hall. Master Painters’ Association, luncheon, Antlers. Indianapolis Round Table, luncheon. Board of Trade. Delta Tau Delta, luncheon, Columbia Club, Kappa Sigma, luncheon, Lincoln. Joseph Lutes was installed as commander of Hayward-Barcus post No. 55, American Legion, by Frank Hanley, past state adjutant, at a dinner meeting in the D. A. R. hall Wednesday. Mrs. Lucille Weimar was installed as president of the auxiliary by Mrs. Ruth McConnell, president of the state auxiliary. Judge John Geckler of Marion ■county juvenile court will address the B'nai B’rith Luncheon Club at noon Friday at the Lockerbie hotel. Leo Lefkovits, secretary of the B’nai B’rith order here, will act as chairman. Captain Thomas R. Gibson of Ft. Benjamin Harrison will be speaker at the regular session of the Indianapolis Exchange Club Friday noon at the Lincoln. Sixty Boy Scouts distributed posters Wednesday advertising the opening of the Community Fund campaign, Oct. 23 to Nov. 2. Indianapolis Zionists will meet tonight at 8 in Kirshbaum Center to elect officers and delegates to the national convention in Atlantic City on Nov. 8. The 1932 program also will be presented. Armory board members were to meet today to iron out personnel difficulties at the Mars Hill airport, recently acquired by the state. Milkmaids Stage Marathon By United Press ST. LOUIS, Oct. 15.—Miss Gloria Miller of Pacific. Mo., held the lead today in the “milkmaids’ marathon’’ at the National Dairy Show. She had milked a total of 77.2 pounds of milk since the marathon started. Viola Henry of Norwich, N. Y., held second place and Florence Walker of Kirkland, Ind., was third. Hit-Run Auto Kills Horse Wandering from a barn near Edgewood, a horse was killed Wednesday night when struck by a ‘’hit-and-run’’ automobile. The animal, owned by George Ellis of R. R. 6, Box 650, was valued at $125.
THE INDIANAPOLIS TIMES
RAIL STRENGTH CARRIES STOCK ISSUES HIGHER Steel Common Moves Up 1 3-4 Points in Early Trade; List Firm.
Average Stock Prices
Avrage of thirty industrials for Wednesday 97.27, off 2.9f. Average of twenty rails 52.66, off 1-58. Average of twenty utilities 38 71, off 1.20. Average of forty bonds 85.38, off 1.20. BY ELMER C. WALZER United Press Financial Editor NEW YORK, Oct. 15.—Railroad stocks rose 1 to nearly 6 points in the morning trading on the Stock Exchange today, their strength bringing up the entire list. Industrial shares rose 1 to 6 points and utilities 1 to more than 4 points. Volume of business continued light. The turn in the trend of the general market was ascribed principally to the outlook for “something” to be done for the railroads. A high administration official told the United Press “some statement regarding railroad bonds” might be expected soon from the White House. Rail Bonds Advance Anticipating a favorable statement on these issues, traders bought them and railroad bonds generally advanced, their strength in turn having a salutary effect on railroad stocks. In the carrier group. New York Central rose to 60up 4; Union Pacific 115, up 4; Atchison 113%, up 5%; Delaware & Hudson 100, up 3; Baltimore & Ohio 38, up 2%; Pennsylvania 34, up l's; Chesapeake & Ohio 31 Vs, up 2 and Erie 14 v a , up IV*. Steel common was a favorite, rising to arpund 68, against a previous close of 66%. Call Money Firm General Electric rose to 30%, up 1%; Eastman 107%, up 6; Allied Chemical 77%, up 4%; Case 46%, up 3% and Auburn Auto 117%, up 9%. Woolworth again was in demand, rising nearly 2 points to 53%. American Telephone was carried up to 134%, up 4% while Consolidated Gas rose to 71%, up 3 points. International Telephone and American & Foreign Power also were in demand. Commodities were steady near the previous closing levels. Call money held at 2 per cent, unchanged from Wednesday. The tone was firm, however, as some banks demanded a higher rate than the official stock exchange figure.
Bank Clearings
INDIANAPOLIS STATEMENT —Oct. 15Clearings $2,427,000.00 Debits 6,374,000.00 CHICAGO STATEMENT —Oct. 15— Clearings $56,700,000.00 Balances 6,000,000.00 TREASURY STATEMENT —Oct. 15Net balance for Oct. 13 $470,021,550.28 Expenditures 7,375.000.38 Customs rects. mo. to date.. 13,903,123.05 Chicago Stocks Opening (By James T. Hamill & Cos.) —Oct. 15Ass Tel tUil... 17%!Insull 6s ’40... 55>/ s Bendix Avia .. 16 |Lib McNeil Prod 7% Borg Warner .. 12'/ 4 |Mid United com 12 Cent So Wst .. 9 IMo Kan Pipe L 2Vi Cord Corp 6% I Middle West... 10% Com Edison ..144 iSwift & Cos ... 23Vi Chi Sec 6%lSwift Inti 29>/> Gt Lks Aircrft 3%jU S Rad & Tel 14 Vi Insull com .... 12% Walgreen Strs.. 13 Insull pfd 44% I Other Livestock By United Press PITTSBURGH. Oct. 15.—Hogs—Receipts, 1.800: market slow. 15@25c lower; 180-250 lbs., $5.85®6: heavier weights scarce; 130170 lbs.. [email protected]; lighter pigs down to $4.75; packing sows steady at [email protected]. Cattle—Receipts. 100: market, slow, about steady; low cutter to medium cows. s2® 4; common to medium bulls, [email protected]. Calves—Receipts. 125: market, slow to steady; better grade vealers. $8©9.50; plainer kinds, $4.50®7.50. Sheen—Receipts. 1.300; lambs, active, mostly 25c higher: better grade, [email protected]: lighter kinds down to $6; common to medium grades. $4 ©5.75. By Times Special LOUISVILLE. Oct. 15.—Hogs—Receipts, 750; market, 20c lower; 175-240 lbs., $5.35; 240-300 lbs., $4.95; 300 lbs. up., $4; 130175 lbs., $4.90; 130 lbs. down, $4.80; packing sows, [email protected]; stags, $2.60 down. Cattle—Receipts, 250; market, steady to strong; bulk plain sters, [email protected]; medium and good heifers, [email protected]; best slaughter cows, s3©4; bulls, $4 down; Calves, receipts, 350; market, steady; top vealers, $7.50; medium, s4@s; culs, $3.50 down. Sheep and lambs—Receipts, 200; market, steady; best fat lambs, $6; bucks, $5; throwouts. $3 down. Wednesday's shipments, cattle, 147; calves, 306; hogs, none; sheep, none. By United Press FT. WAYNE. Oct. 15.—Hogs—15@20c 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.. $5.35; 250-300 lbs., $5.25; 300-350 lbs., $5.05; roughs, $4; stags, $2.50; calves, $9; lambs, $6.25.
Local Wagon Wheat
City grain elevators are paving 39c for No. 2 red wheat and 38c for No. 2 hard wheat. RAW SUGAR PRICES —Oct. 14High. Low. Close. January 1.38 1.36 1.37 March 1.37 1.35 1.36 May 1.40 1.37 1.37 July 1.44 1.41 1.44 September 1.48 1.45 1.47 December 1.39 1.36 1.38 In the Air Weather conditions at 9 a. m.: West wind, five miles an hour; temperature, 58; barometric pressure, 30.03 at sea le'vel; ceiling, broken clouds, estimated 3,000 feet; visibility, five miles; field, fair.
ROSE FROM SLAVERY TO HEAD CITY FIRM Funeral Services Saturday for John Jones, Negro, 87. From twenty-one years in slavery to presidency of a large city gravel firm is the record of John Jones, Negro, 87, who died Tuesday night at his home, 842 Edgemont avenue, and will be buried at Crown Hill cemetery Saturday. Funeral services for Jones, who was born a slave, will be held at 1 p. m. Saturday at the Negro Baptist church, at Burdsal parkway and Rader street, which he founded. In 1871 he started hauling gravel in a nearly broken-down wagon. Prosperity smiled on his business, which furnished gravel and sand for some of Indianapolis' most imposing structures. For sixty years he lived on a farm north of the city. He organized the John Jones & Son Gravel Company, of which he was president. The body will lie at the church from 10 to 12 Saturday. Survivors are three sons, Cecil F„ Virgil C. and Lark C. Jones of Indianapolis.
Dow-Jones Summary
Consumption of crude rubber manufactured in United States in September amounted to 23,638 long tons, 586 In August, and 25,515 In September. 1930. Domestic crude rubber stocks on Sept. 30 were 254.324 long tons, an increase ox 5.6 per cent over August and 49.7 per cent over September, 1930. Benson * Hedges omits quarterly dividend of 50 cents on convertable preferred stock, due at this time. New York cables opened In London at 3.87%. against 3.88: Paris checks, 98.50; Amsterdam, 9.50, Italy, 74.75. and Berlin, 16.75. Packard Motor Car declared the regular quarterly dividend of 10 cents for fourth quarter same as paid in two previous quarters. Dividend payable Dec. 18, of record Nov. 14. General Electric Company in twelve months ended Sept. 30 earned 51.07 a common share, against $1.47 in like 1930 period. September quarter 32 cents, against 37 cents m previous quarter and 46 cents in September. 1933, quarter. Western Union Telegraph in nine months ended Sept. 30 earned $5.38 a share, against $6.72 in like 1930 period. September quarter $1.22, against $2.93 in previous quarter and $1.90 in September, 1930, quarter. New York board of transportation awards contracts to the following: American Car and Foundry Company received $10,531,500 contract for 500 new steel cars; General Electric, $2,392,500 for motors; Westinghouse Electric, $1,300,000 for control equipment. Detroit Edison in tw’elve months ended Sept. 30, earned $8.95 a share, against $9.04 in previous twelve months. Bank of England as of Oct. 15. shows circulation of 356,709,000 pounds, against 359.324 pounds on Oct. 8 Ratio 40.5 per cent, against 36.9 per cent and bullion 136,743 pounds, against 136,564,000 pounds. Pacific Gas & Electric declared the regular quarterly dividend of 37% cents on 6 per cent preferred stock and regular quarterly of 34% cents on 5% per cent preferred stock, both payable Nov. 16, of record Oct. 31. Construction contracts awarded In September in thirty-seven states east of the Rockv mountains, totaled $252,109,700 against $331,863,500 in September las. year, a decline of 24 per cent, according to F. W. Dodge. The months represented an improvement of $19:003.600 over August w'hen contracts totaled $233,106,100, or 33 per cent below August 1930. S. R. Dresser Manufacturing Company in seven months ended July 31, earned $2.33 a share on convertible participating class A stock, and $2.54 on class B stock. Cuba Railroad Company declared the regular quarterly dividend of $1.50 on preferred stock, payable Nov. 2, of record Oct. 26. Procter & Gamble since July 1 report that volume of sales has held up well. Orders for quarter Sept. 30. off 6 per cent from 1930, but 2 per cent ahead of 1929. Mohawk Mining Company declared a dividend of 25 cents, the same as paid in previous quarters, payable Nov. 28, of record Oct. 31.
Produce Markets
Eggs (country run) —Loss off delivered in Indianapolis. 17cc: henerv quality No. 1. 20c: No. 2. 12c. Poultry (buying prices)—Hens weighing 5 lbs. or over. 16c: under 5 lbs.. 15c: Leghorn hens, 12c; broilers, full feathered. 3Vis lbs. and up. 12c: bareback. 11c; Leghorn broilers. 12c: spring chickens. 4Vi lbs. and up. 12c; under 4 lbs., 12c; old cocks. B©9c: ducks, full feathered, 9c; geese, 6c. These prices are for No. 1 top quality quoted by Kingan & Cos. Butter (wwholesale)—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 United Press NEW YORK, Oct. 15.—Potatoes—Market, steady; Long Island, [email protected] bbl.; New Jersey, $1©>1.35 basket; Maine, $1.50©j1.65 bbl.; Idaho. $2.40® 2.60 sack. Sweet Potatoes—Market, firm; Jersey basket, [email protected]; Southern baskets. 50c®s$l; Southern barrels, [email protected]. Flour—Market auiet and firmer; spring patents, $4.20 ©4.40 barrel. Pork—Market, steady. Mess —520.50 barrel. Lard—Market, firmer. Middle West—Spot, .0800®.0810c lb. Tallow —Market, firm; special to extra 2%@3Vic lb. Dressed Poultry—Market, steady; turkeys, 25©;40c; chickens, 17@18c; broilers, 15@32c: fowls, 11@26c; ducks Long Island, 15@18c, Live Poultry—Market, steady; geese, 10©;15c; ducks, 19@24c; fowls 12®25c; turkeys. 20©j30c; roosters. 14@15c: chickens, 14©24c; broilers, 246/) 27c. Cheese —Market, easy: state whole milk fancy to special, 14@15V2c; Young America. 15%@16V1c By United Press CINCINNATI, 0., Oct. 15.—Butter, steady; creamery in tub lots according to score, 30© 32c: common score discounted, 2©3c: packing stock No. 1,25 c; No. 2,20 c; No. 3,12 c; butter fat. 30@32c. Eggs— Steady: cases included; extra firsts, 30c; firsts 26c; seconds, 21c; nearby ungraded, 29c. Live Poultry—Thin and coarse stock sell only at heavy discount; fowls 5 lbs. and over. 19c; 4 lbs. and over, 16c; 3 lbs. and over 14c; Leghorns. 3 lbs. and over, 12c: roosters, lie: broilers colored 1 lb. and over, 23c; IV2 lbs. and over. 20c; 2 lbs. and over, 18c; fryers, 3 lbs. and over, 18c; partly feathered? 10c: Leghorn broiler<\ 1 lb. and over, 23c: IV2 lbs. and over, 18c; 2 lbs. and over, 14c; black springers, 10c; roasting chickens. 4 lbs. and over, 18c. By United Press CHICAGO. Oct. 15.—Eggs—Market, firm; receipts, 2,307 cases; extra firsts, 26@27c; firsts, 24'/2©25c: current receipts, 18@23c; seconds, 12@17c. Butter —Market firm; receipts. 6,518 tubs; extras, 34%; extra firsts. 31@33c; firsts, 27'2©30c; seconds, 24®26%c: standards. 33M>c. Poultry— Market, steady: receipts, no cars In. none due; fowls. 15©20c; springers, 16@17c; Leghorns, 12c; ducks, ll©15c; geese, 14c; turkeys, 17© 23c; roosters. 12c; broilers, 2 lbs. 14c; broilers, under 2 lbs., 14c; Leghorn broilers, 14c. Cheese—Twins, 14% ® HVic; young Americas, 14%©14 3 4c. Potatoes —On track, 221; arrivals, 86; shipments, 524: market, steady; Wisconsin Cobblers. 80®90c: North Dakota Red River Cobblers, 85@90c: Idaho Russets, [email protected]. By United Press CLEVELAND, Oct. 14.—Butter—Extras, 38c; standards. 37V2C; market, firm. Eggs— Extras, 33c; firsts, 25c: market, firm. Poultry—Heavy fowls. 21@23c; medium, 18©20c; Leghorns, 12@15c; heavy broilers, 18@19c; Leghorn broilers. 13@15c; ducks, 12@16c; old cocks, 12®14c; geese, 13c; market, firm. Potatoes—Ohio and New York best. 50® 55c; poorer. 40c bushel sack; Maine Cobblers, $1.10©1.15 per 150lb. sack; Idaho Russet mostly $1.75; few best, $1.85@ 1.90 per 100-lb. sack. Deaths Alexander R. Holliday. 54, Long hospital, carcinoma. Ruth Gladys Foltz, 26, St. Vincent’s hospital, endocarditis. Harry Burns, 37, St. Vincent’s hospital, carcinoma. Lena Aldio, 44, city hospital, second degree burns. Katherine Clark, 30, 2925 Shriver, acute myocarditis. Leslie Taylor, 36, 2860 Sangster, acute interstitial nephritis. Thomas T. Dafoff, 4, 1428 Nordyke, steptococcis meningitis. Albert Cook, 77, 452 Chase, cerebral hemorrhage.
New York Liberty Bonds —Oct. 14—— 3‘/zS (99.30 Ist 4%s 100.10 4th 4%S 100.22 Treasury 4V 4 s 104.4 Treasury 4s 102. Treasury 3%s ’ 100.14 Treasury 3 3 as of ’47 98.24 Treasury 3%s or’43 (March) 98.16 NEW YORK COFFEE RANGE —Oct. 14High Low. Close. January 5.14 3.00 5.00 March 5.20 5.12 5.13 May 5.33 5.24 5.24 July 5.41 5.35 5.35 September 5.54 5.46 5.46 December 5.00 4.90 4 90
Government Bonds ! Nswien SELL 413 Lemcke Bid". I Todd
Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS New York stock Exchange Chicago Stock Exchange New York Cotton Exchange Chicago Board of Trade New Y’ork Curb Association Rooms 200-214 Circle Tower Telephone Lincoln 5501
DROUGHT YEAR SEES BOUNTIFUL CROPSIN SOUTH Record-Breaking Dryness Overcome by Timely Rains. BY M. E. COMPTON United Press Staff Correspondent MEMPHIS, Oct. 15.—The south and southwest have experienced a record-breaking year of drought, yet crops are bountiful, a United Press survey showed today. The drought has been more severe than last year’s, which caused thousands of acres of land to be laid barren. With only two exceptions, states in the south, midsouth and southwest had less rainfall than in 1930. Despite the hot, dry weather, farmers will harvest record yields of cotton, grains, and row crops. The government estimate places the 1931 cotton yields at 16,284,000 bales and other crops are in proportion. The exceptions to the general rule of deficiency in rainfall were Missouri and Kansas and it was only in the sections around Kansas City that those states had normal precipitation. Rains Were Timely The explanation for good crops, weather men said, is that rain this year fell during the most opportune times of the year, that fertilizer left in the soil last year which had not dissolved because of dry weather, aided growing crops this year, and that marginal land was not cultivated this year because of crop curtailment campaigns, lack of finances and educational programs calling for diversification which resulted in more pasture land being planted than heretofore. During July, the survey disclosed, almost every section of the country had bountiful rains and in many places the fall in surplus over normal years. July, agriculturists explained, is the growing month and rainfall then is most beneficial to crops. The drought last year, records showed, began shortly after the crops were planted and extended throughout the growing months. The drought duration was in excess of 100 days in many places of the south and southwest. Report Damage Light Comments accompanying the reports were: Alabama: “Rains have saved crops, although midsummer drought caused some damage.” Arkansas: “July rains one inch above normal which matured crops more rapidly than average and light showers since have fallen at most opportune times. Rainfall since July 31, this year, far below normal.” Kansas and parts of Missouri: “On the whole, rains were timely this year and prevented complete destruction of any given crop.” Texas: “Pasturage suffered from drought, but in general season excellent for agriculture.” Tennessee (central and eastern): “Crops saved this year by timely rains.” Tennessee (western and parts of Mississippi): “Timely rains boomed crops.” Oklahoma: “There is no general serious crop damage because of drought.”
Births Girls Carl and Delores Stllwell, Methodist hospital. Gaylord and Tresa Beard, Methodist hospital. Charles and Gladys Wehrel, Methodist hospital. James and Francis Yarbrough, 2558 South California. Cecil and Norma Norris, 962 West Bosart. James and Ruth Elliott, 1554 Brookside. Clyde and Gladys Davis, 2433 North Dearborn. Burford and Thelma Wright, 4031 Eastern. Lewis and’ Leola Banks. 720 Lord. Paul and Louise Burch, Coleman hospital. Dewey and Lela Jent. Coleman hospital. Harold and Thelma Woodrum, Coleman hospital. James and Bertha Yundt, Coleman hospital. John and Mary Miller, 227 East Orange. Jasper and Margaret Hardin, 4602 East Eighteenth. Garrett and Bessie Skaggs, 852 West North. Fred and Iris Gibson. 1739 Arrow. Conrad and Louise Butler. 527 Marion Henry and Isabella Whitted, 1443 East Seventeenth. Boys pital lPh and Ruth Jones ’ Me th°dist hosFrancis and Mildred McAnany, St. Vincent s hospital. Robert and Mae Ellis, St. Vincent’s hospital. Thomas and Helen Kelly, St. Vincent’s nocpital. John and Margaret Watts, St. Vincent’s hospital. Nick and Maxine Yovanovich. 2963 Corneii. Gilbert and Ruth Berk, 327 North Tacoma. William and Nancy Biaricum, 1219 South Pershing. Harry and Helen Ritter, 1008 North Tuxedo. Herbert and Goldie Holt. 2170 Gent Horace and Louise Greer, 2816 Caroline Joseph and Lucy Rasdall, 538 Bright. Alabama* 1 and Georßla Woods - 331 South Edward and Clara Bailey, 1212 North Missouri. Manuel and Carrie Wilson. Coleman hospital. Guy and Pauline Loftis. Coleman hospital. John and Sophia Scott, 111 South Noble. James and Mabel Humphrey, 418 Haugh. Kenneth and Olline Stamm, 524 South Keystone. Earl and Georgia Herndon, 2616 East Twenty-fifth. Sam and Gertrude Rowley. 2330 Manlove Gilbert and Lucille Hill, 1721 Bellefontaine. Roe and Marjorie Sears, 2719 Adams. Joseph and Eva Green, 1519 Churchman. Melvin and Nora Weaver, 2001 Miller
Zaiser & Zaiser Brokers Unlisted Securities 129 E. Market LI. 9375 RI. 2167
Bright Spots of Business
B United Press NEW YORK. Oct. 15.—Business failures during the week ended Oct 8. totaled sl4, against 525 In the oreceding week, according to Bradstreet's. CHlCAGO—Electric output in Chicago for the week ended Oet. 10, showed a smaller decline from a sear ago than the preceding week. WASHINGTON—DeI Rio and Northern Railway as/ced the interstate commerce commission for authoritv to build 132 miles of new line which would extend from Del Rio through Edwards to Conora and from Del Rio to Quemado. Tex. WILMINGTON. Del.—Work for a large number of unemployed will be Drovided bv E - I- Du Pont De Nemours & Cos. through adoption of a six-hour day for employes in a number of its plants. CINCINNATI—SaIes of Procter and Gamble since July I. are holding up well despite the severity of the depression, according to Colonel William Cooper Procter, chairman of the board. NEW YORK—Sales of General Electric Regrigerators for the six weeks ended today established anew high record for any similar period this year. Rex Cole. Inc!, distributors, reported.
In the Cotton Markets
(Bv Thomson & McKinnon) NEW YORK. Oct. 14.—Cotton opened from unchanged to 5 points lower this morning. There was good trade buying and equally as much selling, the latter being of a professional character. The south was inclined to sell early, but did not follow up the small reaction following the opening, while on the other hand the trade raised their buying orders materially lifting the market 5 or 6 points above last night’s closing. We note the same disposition among many of the trade to believe that commodities, especially cotton, should be bought at these prices. With the movement into sight mounting to the vicinity of a million bales a week, it is remarkable how little the south is offering. The consumption for September was more than 70,000 greater than last year. Spot demand is good and we hear the basis is higher. Buying on reactions is the popular thing to do now and we are inclined to think well of it ourselves. CHICAGO —Oct. 14High. Low. Close. January 6.47 6.37 6.39 May 6.88 6.76 6.80 July 7.07 6.94 6.99 December 6.42 6.25 6.23 NEW ORLEANS High. Low. Close. January 6.40 6.27 6.28 March 6.62 6.46 6.47 May 6.80 6.65 6.67 July ; 6.98 6.83 6.87 October 6.12 6.00 6.00 December 6 31 6.15 6.17 NEW YORK January 6.43 6.27 6.32 March 6.61 6.45 6.51 May 6.80 6.64 6.69 July 6.99 6.82 6.88 October 6.15 6.06 6.10 December 6.31 6.15 6.20
Net Changes
By United Press NEW YORK, Oct. 14.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. Off. American Can 79% ... 1% American & For Power .... 12% ... % American Smelting 22% ... % American Telephone 130% ... 3Vs Auburn 108 ... 3 Bethlehem Steel 27 ... 1% Case 43% ... % Chrysler 13% ... % Consolidated Gas 68% % ... Electric Power 2<Y% ... % Fox Film A 7% ... % General Electric 28% ... % General Motors 24% ... % International Nickel 8% ... V* International Telephone ..15% ... 1 Loew’s Inc 34% ... % Montgomery Ward 10% ... ’A N Y Central 56% ... 1% Pennsylvania 32% ... 1% Radio 12% ... % Sears Roebuck 36 ... % Stand Oil N J 30 ... % Texas Corn 17% ... 1 Union Carbide 33 ... % United Corp 12% ... % U S Steel 66% ... 2 Vanadium 16% ... % Westinghouse El 44 ... 2 Woolworth 51% Vi ... Worthington Pump 23% ... 1%
Cash Grain
—Oct. 14— The bids for car lots of grain at the call of the Indianapolis Board of Trade f. o. b. shipping point, basis 41*/ic New York rate, were; Wheat—Firm; No. 1 red, 41 ©42c; No. :! red. 40@41c; No. 2 hard. 40@41c. Corn—Steady: No. 2 white, 33 1 ,2©34 I /2C; No. 3 white, 32 1 /2©33 1 /ic; No. 2 yellow, 31 ©32c; No. 3 yellow, 30@31c; No. 2 mixed, 29®30c: No. 3 mixed. 28©29c. Oats—Steady; No. 2 white. 18'/2@l9 1 /2C; No. 3 white. i7%2@18V2C. Hay (f 0. b. country points taking 23tic or less rates to Cincinnati or Louisville) —Steady: No. 1 timothy. [email protected]; No. 2 timothy, [email protected]. —lnspections Wheat—No. 2 red, 5 car. Total, 5 cars. Corn (new)—No. 2 white, 8 cars; No. 3 white, 2 cars; No. 4 white, 1 car; No. 5 white, 1 car; No. 6 white. 2 cars; No. 2 yellow, 3 cars; No. 3 yellow, 1 car; No. 4 yellow, 1 car; No. 5 yellow, 2 cars; No. 6 yellow, 1 car; No. 3 mixed, 1 car. Total, 23 cars. Oats —No. 2 white, 2 cars; No. 3 white. 18 cars. Total, 20 cars. tty United Press TOLEDO, Oct. 14.—Cash grain close: Elevator prices: Wheat —No. 2 red. 53Vi©) 54 Vic. Corn—No. 2 yellow, 42® 43c. Oats —No. 2 white, 26®27c; old oats, nremium 3 to 4 cents. Rye—No 2,46 c Grain on track 28 , / 2 c rate. Wheat—No. 2 red, 43Vi ©49c; No. 1 red, lc premium Corn—No. 2 yellow. 36©38c; No. 3 yellow, 34®37c. Oats—No. 2 white. 23®24'/ic; No. 3 white, 21©23c; old oats, premium 3 to 4 cetns. Clover —Prime. $7.50; December. $7.75; February. SB. Alsike—Cash, $7.50; December. $7.75; February. SB. Butter Fancy creamery, 36©37c. Eggs—Current receipts. 19@23c. Hay—Timothy, per cwt.. SI.OO.
Auto Finance at 6% Come direct to us before you buy if you want to save on the Finance charges. GREGORY & APPEL 247 N. Penn. LI. 749!
WE BUY AND SELL U. S. LIBERTY LOAN BONDS U. S. TREASURY CERTIFICATES U. S. INSULAR AND TERRITORIAL BONDS INDIANA MUNICIPAL BONDS INDIANA GRAVEL ROAD BONDS FEDERAL FARM LOAN BONDS JOINT STOCK LAND BANK BONDS Fletcher American company AFFILIATED WITH THE FIETCHEK AMERICAN NATION Al BANK 41 NORTH PENNSYLVANIA STREET
.OCT. 15, 1931
CORN FUTURES TAKE LEAD IN GRAIN UPTURN Wheat Shows Uneven Range on Weak Trend at Liverpool. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO, Oct. 15.—Weakness in Liverpool caused a recession in wheat on the Board of Trade at the i opening today despite firmness in | stocks. Liverpool had a natural reaction in a slight trade. May wheat alone showed strength and advanced fractionally, prices changing but slightly in either direction. Corn disregarded the weakness in wheat and scored a good gain at the start on continued strength in the cash market and a better feeling. Oats were about steady and slow. Foreign News Watched At the opening wheat was •% cent lower to % cent higher, corn was unchanged to % cent up, and oats were unchanged to % cent higher. Provisions were uneven, but mostly higher. The wheat trade is looking to de- ! velopments abroad for an advance in prices. Foreign buying has been in good volume for the past week and the opinion has been expressed that all export sales have not been reported. The far eastern situation is getting much attention. A house with Pacific coast connections bought December Wednesi day. Chartering of wheat boats to | Great Britain by Russia practically j has ceased and that country still is ; using bread cards and rationing is I more severe. Corn Market Uncertain The firmness in cash corn offset | the weakness in wheat Wednesday and the chartering of 300,000 ! bushels to eastern lake ports also was a factor. The pressure on the ! futures is lessening somewhat. Old j corn is being taken by elevator in- ! te-ests and industries. There is no indication as yet as to how the country will market the new crop. Oats were strong until near the close Wednesday when wheat weakened. Charters were made for 135.000 bushels to Buffalo. The market showed independent strength at times and is gaining new friends. Chicago Grain Range —Oct. 15WHEAT— Prev. High. Low. 11:00. close. Dec 50 .49% .49% .50% Mar 52% .52% .52% .53% May 54% .53% .54 .54% July 54% .54% .54% .54% CORN— Dec 35 .34% .35 .35 Mar 37% .37% .37% .36% May 39% .39 V's .39% .39 July 40’g .40*a .40% .40% OATS— Dec 22% .22% .22% .22% May 24% .24% .24% .24% July 24% RYE- - Dec 38% .38% .38% .38% Mar 41% May 41 % .41% LARD— Oct. 7.42 7.45 Dec 6.55 6.52 6.52 6.47 Jan. 6.32 6.27 Be Times Special CHICAGO, Oct. 15.—Carlots—Wheat, 42; corn, 174; oats, 40; rye, 1, and barley, 10. By Times Special CHICAGO. Oct. 14. —Primary receipts: Wheat, 1.069,000, against 890.000: corn. 585,000, against 648.000; oats, 380.000. against 311,000. Shipments: Wheat, 977.000, against 978.000; corn, 472,000, against 293,000; oats, 90.000. against 317,000. By United Press CHICAGO. Oct. 14.—Cash grain close: Wheat—No. 3 hard. 51c; No. 3 yellow, hard. sc: No. 3 yellow, hard. 50’/aC: No. 2 mixed. 50%c; No. 3 mixed. 50%c. Corn— No. 1 mixed, 38%®38%c; No 2 mixed. 38 (!/38%c; No 4 mixed. 37®37y 4 c: No 1 yellow. 38%(//38'ic; No 2 yellow. 38@38%c; No 3 yellow. 37%® 38%c; No 4 yellow. 37% ®37%c: No 6 yellow. 36V4®36%c; No 1 white, 38%®39c; No 2 white. 38%®39c: No 3 white. 38c; No. 5 white. 37c; No. 6 white. 36% c; sample grade. 33® 33 Vic. Oats—No. 2 white. 23%®24%c: No. 3 white. 22®23Vic. No. 4 white, 22c. Rye— No. 3. 39%c. Barley—4o® 57c. Timothy—s3.ls® 3.40. Clover—slo.so® 14. Building Permits D. R. Hinchman, dwelling, 816 North Audubon rod. $6 000. A. C. Eiber. dwelling and garage 4708 North Illinois. $6,125. O. C. Steele, alteration, 418-34 East St. Clair. $1,500. James McNamara, tanks, 925 West New York, S2O.
We offer New Series Corporate Trust Shares Distributive Series Accumulative Series Participating ownership in 30 common stocks. Chase National Bank of New York. Trustee. 16 Shares each of the nation’s outstanding corporations with an average age of 54 years and unbroken dividend record of 29 years for these corporations and their predecessors. We Will Exchange for the old Corporate Shares Breed, Elliott & Harrison 109 N. Pennsylvania St. Street Floor Indianapolis
