Indianapolis Times, Volume 43, Number 147, Indianapolis, Marion County, 29 October 1931 — Page 19

OCT. 29, 1931

RALLY IN RAIL SNARES TURNS SECURITIES UP New York Central Leads in Upswing After Weak Opening.

Average Stock Prices

Average of thirtv industrials for ; Wednesday 100 52 off 3.13 Average of twenty rails 49.76, ofi 119. Average of j twenty utilities 39 49, off 170. Average of forty bonds 84.10. off .41. BY ELMER C. WALZER United Press Financial Editor NEW YORK, Oct. 29.—A rally In the railroad shares brought the entire stock list up fractions to a point from previous closing levels today after an early setback of similar proportions. Some forced selling as a result of Wednesday’s decline was executed at the opening. Buying was better, however, and lasses were held to small amounts. There was nothing in the news to affect the market and the general opinion was that a rally was due. When Steel common dipped to 63% within about a point of its bear market low, support developed and the issue came back near the 65 level, against a previous close of 64 Other industrials followed Steel with Westinghouse Electric and Du Pont scoring one point gains. Meanwhile the railroad shares, heaviest of Wednesday’s groups, turned upward under the leadership of New York Central, which reached 50, up 1% net, and Atchison at 10714, up 2%. Others rose fractions to more than a point. Then the utilities, led by Consolidated Gas at /0%, up 1%, swung into line. Motor shares strengthened as did Harvester issues. Coppers and oils w'ere quiet, moving in a narrow range. With the turn in stocks cotton futures steadied and turned upward. Grains also met support after small losses in earlier trading Bonds were irregularly lower in the early trading, but the domestic industrials presented a better tone around noon.

Bank Clearings

INDIANAPOLIS STATEMENT —Oct. 29 Clearings $2,197,000,00 Debits 4,740,000.00 CHICAGO STATEMENT —Oct. 29 Clearings $42,500,000.00 Balances 2.700,000.00 TREASURY STATEMENT —Oct. 29Net balance for Oct. 27 $304,950,291.97 Expenditures 2,995,659.75 Customs rects. month to date 30,189,675.67

New York Bank Stocks

(By Thomson & McKinnon) —Oct. 28Bid. Ask. America 38*4 40 % Bankers 71 73 Central Hanover 163 167 Chatham Phoenix Natl 31 Vi 33 % Chemical 35% 37% City National 61 63 Corn Exchange 75 78 Commercial 175 183 Continental 18% 20Vi Empire 33Vi 35 Vi First National 2,350 2,450 Guaranty 334 339 Irving 23% 24% Manhattan & Cos 46 48 Manufacturers 38V 2 40 Vi Public 27Vi 29Vi

New York Curb Market

(Bv Thomson Ac McKinnon) —Oct. 29 11:00 11:00 Alum Cos of Am 76 I Gulf Oil 44 Vi Am Cvnamid ... 4%!lmp Oil of Can. 9% Am Gas Ac Elec 40‘iilnsull Ut 10'j Am Lt Ac Trac.. 25%ilnt Pet 10 Am Sup Pwr... 6 'i Midwest Ut 10 Ark Gas A 2%iMo Kan Pipe 2 Ass Gas Ac Elec 6% Nta Hud Pwr.... 7% Braz Pwr Ac Lt 10*4 Niles 10 Can Marc .... I*2 Penroad 4'i Cent Sts Elec... 3*4 St Regis Paper. 6*i Cities Scrv 7* Shenandoah ... 2 Cons Gas of Bit 70 Std of Ind 20 Deere Ac C 0.... 14 Un Lt Ac Pwr.. 10% Elec Bnd Ac Sh 19Vi'Ut A- Indus 4% Ford of Can.... 12 Ot Pwr B 4% Ford of Eng 7%lUnited Fndrs 3 Goldman Sachs. 2%! Chicago Stocks Opening (Bv James T. Hamill & Cos.) —Oct. 29 Bcndix Avia ... 16 3 bJEloc Hshld B*4 Borg Warner .. 12* 2 Insull com 10% Cent So Wst... 9Vi'lnsull pfd 44 Cent Pu bServ A 3"i!lnsull 6's '4O 50Vi Cord Corp 6% Mid United com 11 Cont Chi com.. 2*4 Middle West... 10*4 Comm Edison .141 Swift Ac Cos 22% Chco Sec 6*2 Swift Inti 30% Grlgsbv Grunovv 2 iU S Rad A- Tel. 16'i Gt Lks Arcft... 3 ; Walgreen Sirs... 12% Houd Hersh 8.. 3%l New York Liberty Bonds —Oct. 28— 3Vis 98.22 Ist 4V.S 100.26 4th 4%s 101. Treasury 4’ t s 104.3 Treasury 4s 101. Treasury 3%s 99. Trei sury 3%s of '47 96.9 Treasury 3%s of ’43 (March) 96.12 BIND GAS ATTENDANT WITH OWN NECKTIE Bandits Rifle Cash Register, Outdistance Pursuers. Binding the hands of a filling station attendant with his own necktie, two bandits late Wednesday night rifled the cash register of the station at Holt road and Washington street and escaped in an auto chase in which they outdistanced pursuers. Paul Sharp, 1921 North Harding street, the attendant, told deputy sheriffs he was helpless after his hands were tied, and that the bandits took nine gallons of gasoline after looting the cash register. Mr. and Mrs. Sherman Love of Summitville, who witnessed the holdup from a window of the filling station, pursued the bandit car east to the Rockville road where the gunmen made a sharp turn and speeded out of sight. NOVELTY PLANT BURNS Loss at Shelbyville Estimated as High as $25,000. By Times Special SHELBYVILLE, Ind.. Oct. 29. Loss estimated as high as $25,000 resulted when fire destroyed a novelty manufacturing plant here owned by Frank J. Rembusch. An electric heater placed too near paint is said to have started the fire, which, fed by finishing liquids, spread rapidly. Legles Man Is Branded Bandit CHICAGO, Oct. 29.—Despite the fact he is a legless cripple. Rocco Russo, 23, is being held as a suspect In a pay roll robbery. Police said Russo was able to walk with artificial limbs and charged him with being the driver of the bandit car.

New York Stocks <Bv Thomson & McKinnon)

—Oct. 39 Railroads — Prev. High. Low. 11:30 close. Atchison 105% 104 105 (04% AH Coast Line 58 Balt At 0hi0.... 32% 31% 33% 32% Chcsa & Ohio., 30% 29% 30% 28% Chesa Coro 32;* Chi Ort West .. 4% Chi N West 15 15 Del\ & wL.'.V. 32% '31% '32% 33% Del & Hudson 95 Erie U% 11% Erie Ist nfd • 1 ‘% Great Northern 24% 25 Illinois Central. 19% 19% 19% 19% Kan Citv So 12% Lou & Nash.,. .. ... ... 33 a Minn 8 L % Mo Pacific 12% 12% 12% 12% Mo Pacific nfd ••• 29-4 N V Central 49% 48% 49 48 '■* Nickel Plate 14% ... NYNH It H .. .... 36% 37% Nor Pacific 22 21% 22 22 Norfolk & West .. ... ... >?8 OAcW 8% 8 Pennsylvania . . 30% 30 30% 30 Reading 52 51 51 52 Seaboard Air L .. ... ••• .■- So Pacific 48% 48% 48% 48% Southern Ry ... 15% 15 15% 15% St Paul 3 St Paul pfd 5% St L & 8 F Texas <fe Pac...... ... 40 ... Union Pacific ...101% 100% 100% 102 Wabash ... ••• 6% W Maryland ... 7% 7% 7% 8 West Pacific % Equipments— Am Car <fc Fdy 12% 12% Am Locomotive JO% Am Steel Fd •• U Am Air Brake S .. ... 21% ... General Elec .. 28% 28% 28% 28% Gen Ry Signal 30 30 Lima Loco 19% N Y Air Brake *% Press Stl Car... .. ... 2% \ Pullman 25 24% 25 2o Westingh Ar B .. ... ••• 17% Westingh Elec. 44% 44 44% 44 V% Rubbers — .. Fisk % Goodrich 6 a \ Goodyear 23 23 Kelly Sprgfld 1% 1% U S Rubber • Au l bu t rn rS_ 117 115 116% 118 Chrvsler 14% 14% 14% 15 Graham Paige.. .. .... 2% 2% General Motors.. 25% 24% 24% 25% Hudson ;• • •• ••• ! Hupp ••• 4% Nash 18 17% 17% 18 I Packard 5 % I Reo ' • • • • • * • • 4* a Studebaker 11% 11% 11% 12 Yellow Truck 4% Motor Access — . ... Bendix Aviation. 16% 16% 16% 16% Borg Warner ... 12% 12% 12% 12% Briggs 10% 10 IQ}.* 10% Budd Wheel ~ ... 4% Eaton 9% 9% 9% 9% El Storage B 34% 35 Hayes Body ... 1% Sparks W ... ••• 4% Stewart Warner 6% 6% Timkin Roll ... ... 23% Mining— Am Metals 7% 7% Am Smelt 23% 23 23 % 23% Am Zinc ... ... 3% Anaconda Cop.. 15% 15 15% 15% Cal & Hecla 4% 4% Cerro de Pasco. .. ... 14% 14% Dome Mines ... ... 9 Freeport Texas. 20 19% 19% 20 Great Nor Ore.. 15% 15 15 IS Howe Sound ... ... 14 Int Nickel 9% 9 9 9% Inspiration 5 Kennecott Cop.. 13% 13 13% 13% Nev Cons 6% 6% 6% 6% Texas Gul Sul.. 26% 26% 26% 27 U S Smelt 15% 15% 15% 16% Oils— Atl Refining ... 12 11% 11% 12 Barnsdail 6 5% 5% 6 Houston ... 5% 5% Ohio Oil 7% 7% Mex Sbd 7% 7% 7% 8 Mid Conti 6% Phillips 6 5% 5% ... Pr Oil & Gas 6% 6% Pure Oil 5% 5% 5% 574 Royal Dutch 16% Shell Un 4% 4 4 4 Sinclair 6% 6*4 6% 6% Skellv ... 4% Standard of Cal 31% 31% 31% 31% Stand of N J .. 32 31% 31% 31% Soc Vac 14 13% 13% 14 Texas Cos 18% 18% 18% 18% Union Oil 15 15 Steels— Am Roll Mills 12% 12% Bethlehem .... 23% 22% 23 23% Byers A M 18% 17% 18 18% Colo Fuel 10% Cruc Steel 25 Inland 27% Midland 10 Repub I & 5... 6% 6% 6% 6% U S Steel 64Vi 63% 63% 64% Vanadium ... ... 18% Youngst S & W 13 Youngst S & T 20% Tobaccos— Am Sumatra.... 6% 6% 6% 674 Lig & Myrs (B) 54% 54% 54% 55% Lorillard 13% 13 13% 13% Reynolds Tob.. 57% 57% 57% 38 Tob Pr A 8 8% Tob Pr B 2% Utilities— Abltibl 2% 2% Adams Exp ... 8% 8% Am For Pwr .... 14% 14% 14% 15 Am Pwr & L 1... 18% 17% 18 18% AT&T 134% 132% 133% 134% Col Gas & E 1... 20% 20% 20% 20% Com & Sou ... ... 5% El Pwr & L 1.... 21% 20% 21% 21 Vs Gen Gas A 2% Inti T & T 16% 1574 16% 16% Natl Pwr &, Li.. 16V* 16 16V* 16% No Amer Cos .... 36 34% 35% 36% Pac Gas & E 1... 35 34% 35 35 Pub Ser N J 59% 59% 59% 60 So Cal Edison .... ... 33 33 Std G & El 37 36% 37 38 United Corp ... 13% 13% 13% 13% Ut Pwr & L A.. 12% 11% 1174 12% West Union 78% 76% 76% 77 Shipping— Am Inti Corp 8% 8% N Y Ship 4% ... No Gm Lloyd... 8% 7% B>/ 4 ... United Fruit 32 Foods— Am Sug 41 40% 40% 42 Armour A 14 1% Cal Pkg 11% 10% 10% ... Can Dry 18% 18 18% 19 Childs Cos 12% Coca Cola 110% 10974 109% 110% Cont Baking A 1 7 7 Corn Prod 45% Cudahv Pkg 37% 37 Gen Foods 35% 34% 35% 35% Grand Union 9% 9% Hershev 85 84% 85 84 Jewel Tea 30 Kroger 20 % 20 20 % >20% Nat Biscuit 45% 4474 45% 45% Pillsburv 24% Purity Bak 14% 14% 14% 15 Safeway St 4774 47% Std Brands 15 14% 14% 15 Drugs— Coty Inc 4% Lambert Cos 58% Lehn & Fink 22 22 % Industrials— Am Radiator ... 8 7% 774 8 Bush Term 1674 ... Certainteed 314 Gen Asphalt ... 14 137* 14 14% Lehigh Port 6% Otis Elev 24 2474 Indus Chems— Allied Chem ... 81 80 81 8174 Com Solv 11% 11 11% 11% Union Carb .... 34>4 33% 34 3414 U S Ind Alco.. 3074 29% 3074 3074 Retail Stores— Assoc Dry Gds 11 Gimbel Bros 3% Kresge S S 21% 21% 2174 2174 May D Store ... 26% 2674 Mont Ward 1274 11% 12% 11% Penny J C 33 32% 32% 32% Schulte Ret St 4% Sears Roe ...... 41 40 41 40% Woolworth 5474 53% 54 5474

Investment Trust Shares

ißv Gibson & Bernard! TRICES ARE TO 12 NOON C. S. T. —Oct. 29 Bid. Ask. Am Founders Corp com 1% 1% Am & Gen Sec A 3 Am Inv Tr shares 2% 3% Basic Industry shares 4 Collateral Trustee shares A... 4% 5% Cumulative Trust shares 4% 4% Diversified Trustee shares A.. 9% ... Fixed Trust Oil shares 3 Fixed Trust shares A 9 Fundamental Trust shares A. . 4% 4% Fundamental Trust shares B. .. 4% 5% Leaders of Industry A 4% Low Priced shares 4% 4% Nation Wide Securities 3% 4% National Industries shares.... 3% 4 North American Trust shares.. 3V 3% Selected American shares .... 33% Selected Cumulative shares.. 7% 7% Selected Income shares 4% 4% Shawmut Ban Inv Trust.... 2% 5 Std Am Trust shares 3% 4% Super Corp of Am Trust shares 4 4% Trustee Std Oil A 4% Trustee Std Oil B 4% 4% Unified Service Trust shares A 3V* 3 s * U S Elec Li & Power A 20 % 22% Universal Trust shares 3% 4

Net Changes

By United Press NEW YORK, Oct. 28.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: . , „ Ud. Off. American Can 80% ... 2% American & Foreign Power. 15 ... 1% American Telephone 134% ... 3% Atchison 104% ... 2 Auburn 118 .. 6% Bethlehem Steel 23% ... 2% Case 48 ... 2% Consolidated Gas 69% ... 2-% Du Pont 55% ... :% Electric Power 21% 1% General Electric 28% 1% General Motors 25% .. % International Nickel 9% . . % International Telephone 16% ... % Loew's Xnc .... 36% . l% Lorillard 13% % ! Monteomerv Ward 11% % National Biscuit 45% 1% N Y Central 48', 3% North American 36% 2 Pennsvlvania R R 30 % Public Service 60 . 2% Radio 13% ... % Sears Roebuck 40% ... t% Standard Gas 38 1% Stand Oil Calif 31% ... % StandJOll N J 31% ... % Socon)-Vacuum 14 ... % U 8 Steel 64% ... A Westinahou*e Electric 44% ... i% Wcolworth 54% ... 1%

Amusements— Bruns Balke 414 Col Graph gu Eastman Kod . .104% 103% 104% 104% Fox Film (A).. 774 7% 7% 7% Grigsby Grunow 274 2% Loews Inc 37 357* 37 36% Param Fam 12% 11% 12% 12% Radio Corp 12% 12% 12% 13% R-K-O 7% 7% 7% 7% Warner Bros .. 8 s * 6% 6% 6% MiscellaneousCity Ice & Fu 28% 28% Cor.goleum 10% Amer Can 80% 79% 80% 80% Cont Can 38 377* 37% 38 Curtiss Wr 2 2 Gillette 6 R .... 14 13% 14 13% Real Bilk 3% Un Aircraft 14% 14% 14% 147. Int Harv 27% 26% 27% 27% J I Ctse 48 46% 47% 48 TECH SENIORS ELECT Six Groups of Officers to Form Council. Announcement of elections results j in the six senior sponsor rooms at I Arsenal Technical high school was made Wednesday. Because of the division of the senior class into six alphabetical divisions, six groups of officers are elected. Together, these form the senior council, representing the entire class. Officers are: Sponsor Room I—Jack Shrader, president; Marie Pennick, vice-president; Kathleen Sims, secretary; George Schmidt, treasurer; Russell Roberts, sergeant-at-arms. Sponsor Room 2 —Earl Townsend, president; Margaret Spence, vifte-presldent; Josephine Williams, secretary; Ralph Willis. treasurer; Arthur Wilson, sergeant-at-arms. Sponsor Room 4—John Miller, president; Bettv Miller. vice-president; Virginia Lewis, secretary; Frederick Lantz, treasurer; Robert Munro. sergeant-at-arms. Sponsor Room 173—John Hutchens, president: Elysee Crosier, vice-president; June Hopper, secretary; Richard Kautsky, treasurer; John Kingsbury, sergeant-at-arms. Sponsor Room 139—Charles Gillespie. presidentV4 Elysee Crosier, vice-president; Hazel Guio. secretary. William Grepp. treasurer: Jack Crabtree, sergeant-at-arms. Sponsor Room 192—Charles Applegate, president: Dorothy Bush, vice-president; Kathrv Addison, secretary: Alfred Armel. treasurer: James Bettis, sergeant-at-arms. OPPOSE ‘MILITARISM’ M. E. Church Area Against Training in Schools. Military training in high schools and colleges is opposed by the Indianapolis area council of Methodist Episcopal church. In place of military training, the council’s welfare committee suggested adoption of a course in colleges on international relations. Community enterprises throughout the state for the support of the needy and obtaining of employment for those without work, will be supported by the council, it was resolved at the closing session of a meting of the council at Meridian Street Methodist church. Strengthening of prohibition enforcement and war on gambling were urged. Newly-elected officers of the Indianapolis council are: Bishop Edgar Blake, president; the Rev. J. N. Green of Vincennes, the Rev. C. H. Taylor of South Bend and tl\e Rev. F. A. Hall of Richmond, vice-presidents; the Rev. W. W. Wiant, nastor of the North M. E. church of Indianapolis, secretary; the Rev. John W. Rose of Tipton, assistant secretary, and Miss Hazel Funk of Indianapolis, treasurer. TAX FIGHT TO COURT City Determined to Avoid 2-Cent Reduction. City officials, led by Mayor Reginald H. Sullivan and advised by the city legal department, will go to court in their fight to restore the 2 cents which the state tax board recently sliced from the civil city tax levy. This was announced today by Edward H. Knight, city corporation counsel, who has spent several days studying posisble legal redress from the tax board’s decision. Reminded that the Marion county circuit court upheld the city’s levy request against reduction of 1 cent by the tax board last year, city officials hope for a similar decision. CONDEMN BUDGET CUT Central Labor Union Denounces School Tax Levy Action. Resolution condemning the state tax board for paring 6 cents off the city school tax levy was voted today by the Indianapolis Central Labor Union. The resolution backed the city school board’s criticism of the slash. It follows: “Organized labor is aware of the fact that it is of no benefit to the working people, but an injustice, by throwing men into the rank of the unemployed and also making bad conditions for school children. Big business is benefited by the slash, not home owners.” Births Girls Henry and Helen Alike, 1524 North Oxford. Robert and Dorothy Henderson, 830 North East. Hulbert and Marie Marsh, 1269 East New York. Carl and Mary Schubert, Methodist hospital. Ralph and Hazel Hlneman, Methodist hospital. John and Ella Wertenberger, 1358 Hiatt. Ralph and Margaret Thompson, 2321 West Walnut. James and Iva Staples, 938 Maple road. Llovd and Margaret Thomas. 1433 Lee. Rex and Beatrice Haislup, Methodist hospital. Boys Thomas and Martha Hayes, 1841 New. Harry and Dorothy Kennedy, 1315 Harlan. Benjamin and Fairy Harrel, Methodist hospital. Travis and Frances Lockwood. Methodist hospital. Edward and Helen Grove, Methodist hospital. Herschel and Eula Hadley, Methodist hospital. Dee and Genevieve Lenfesty, Methodist hospital. William and Picolla McClure. 2129 Prospect. Lou and Louise Masters, 333 West Wisconsin. Deaths Fred H. Shaw, 74, city hospital, gangrene of knee. Nancy A. Stretsberg. 80, 2821 North School, cardlo vascular renal disease. Albert Peterson, 45, White river, drownn\Vendel’. Pickett, 2 months, Riley hospital. broncho pneumonia. Maurice Johnson, 1 month, city hospital, spina bifida. Sylvia Belle Bryant, 12 days. 2864 Highland place, atelectasis. Francis Wood, 3 months. Riley hospital, broncho pneumonia. Charles Harris. 68, 147 McLain place, chronic myocarditis. Cora Alice Rhodes, 76. St. Vincent’s hospital. influenza. Michael Herbert O'Halre. 49, 729 North Pennsylvania, apoplexy. Ella Lewis. 51, 1418 Yandes, chronic mvocarditis. Martin Wilcox, 65, 1620 Bundy place, acute dilatation of heart. Frieda F. Trenck, 37, Methodist hospital, eerebro embolism. Leah Ellen Griffin. 5 months, Riley hospital, premature birth. Eugene Meyer. 64, St. Vincent’s hospital, uremia. Violet Miller, 4 months, city hospital, tuberculous peritonitis. Clareca John,! 80. city hosiptal, lobar pneumonia. Isaac S. Strieker. 70. St Vincent’s hospital, chronic myocarditis. Irene Levy. 73, 510 East Eleventh, cerebral apoplexy.

THE INDIANAPOLIS TIMES

PORKERS SHOW FIRMER TREND IN DULLTRADE Choice Steers Up 10 to 25 Cents in Cattle Mart; Sheep Even. Hogs were inactive this morning, a few early sales steady, with the bulk unsold. Asking prices were around 10 cents higher than Wednesday. A price range of $4.90 to $5.15 was recorded for the few hogs finding buyers. Receipts were estimated at 7,000; holdovers were 511. Choice steers showed a higher trend, prices moving up 15 to 25 cents. Several loads sold for $10.40 to $10.75, the latter figure being paid for five loads. Other classes in this market were steady. Vealers were unchanged at $7.50 down. Calf receipts were 500. Sheep were rteady with receipts of 2,000. The bulk sold for $6 to $6.50. Chicago hog market opened mostly 10 to 20 cents higher than Wednesday’s average, with most action on best grades. Heavy weights around 220 to 260 pounds sold at $5.25 to $5.35, w’hile early top held at $5.35, with some holding higher. Lighter weights from 150 to 200 pounds sold at $4.85 to $5.10. Receipts were 25,000, including 7,000 direct. Holdovers, 8,000. Cattle— Receipts, 6,000; calves, 2,000; market, steady to 25 cents higher. Sheep —Receipts, 18,000; market, around 25 cents higher. HOGS Oct. Bulk. Early Top. Receipts. 22. $5.25® 5.35 $5.35 7.000 23. 5.20® 5.50 5.60 7.000 24. 5.20% 5.40 5.40 3,500 26. 5.10® 5.30 5.40 10.000 27. 5.00*8 5.25 5.25 10.000 28. 4.90® 5.15 5.15 6.000 29. 4.90# 6.15 5.15 7.000 Receipts, 7.000; market, steady. (140-160) Good and choice....s 4.75 —Light Lights—-(l6o-180) Good and choice 4.90 —Light Weights—-(lßo-200) Good and choice.... 5.00 (200-220) Medium and good.. 5.05 —Medium Weights—-(29o-350) Medium and goods.. 5.00® 5.25 (220-250) Good and choice... 5.05® 5.10 —Heavy Weights—-(2so-2907 Good and choice.... 5.25 (250-290) Good and choice.... 5.15 —Packing Sows—-(29o-350) Medium and good.. 4.90® 5.15 (100-130) Slaughter pigs .... 4.25® 4.50 CATTLE (Slaughter Class) Receipts. 800; market, higher. —Steers— Good and choice $ 8.25®10.75 Common and medium 5.25@ 8.25 (1,100-1,5001 Good and choice 10.75 Common and medium 5.75@ 8.00 —Heifers—-(soo-850) Good and choice 6.75® 9.25 Common and medium 3.00® 6.75 —Cows— Good and choice 4.00@ 5.00 Medium 2.75® 4.00 Cull and common 1.50® 2.75 —Bulls (yearlings excluded) — Good and choice beefs 3.25® 4.25 Cutter, common and medium.. 2.00® 3.25 CALVES AND VEALERS Receipts, 500; market, steady. —Vealers— Good and choice $ 7.00® 7.50 Medium 5.00® 7.00 Cull and common 3.00® 5.00 —Calves— Good and choice 5.50® 7.00 Common and medium 3.00® 5.50 STOCKERS AND FEEDER STEERS Good and choice 5.00@ 6.50 Common and medium 3.00® 5.00 (800-1,500) Good and choice 5.00® 6.50 Common and medium 3.00® 6.50 SHEEP AND LAMBS Receipts. 2.000; market, steady. Good and choice $ 6.00(g) 6.50 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. 29.—Hogs—Receipts, 25.000: including 7.000 direct: opened active. 10@20c higher, later trade slow, advance mostly lost: 220-300 lbs.. [email protected]: top. $5.35: 140-210 lbs.. $4.60*85.15; pigs, $4.25 @4.65; packing sows. [email protected]; light lights. 140-160 lbs., good and choice, $4.60 @4.85: light weights. 160-200 lbs., good and choice. $4.70®5.10; medium weights, 200-250 lbs., good and choice. $5®5.35; heavy weights. 250-350 lbs., good and choice. $5®5.35: packing sows. 275-500 lbs., medium and good. [email protected]: slaughter pigs. 100-130 lbs., good and choice, $4.25 @4.75. Cattle—Receipts. 6,000: calves, 2.000: good and choice fed steers and yearlings. 25@50c higher on shipper account; in between grade showing most advance: $11.50 paid for weighty steers, $11.25 for yearlings; lower grade offerings steady to 25c higher; largely a clean up trade with good and choice steers with weight as much as $1 higher than early in week: stockers firm. Slaughter cattle and vealers —Steers. 600-900 lbs., good and choice, [email protected]; 900-1100 lrts.. good and choice. [email protected]: 1100-1300 lbs., good and choice. $8.50®11.50: 1300-1500 lbs., good and choice. [email protected]: 600-1300 lbs., common and medium, $3.75*88.50: heifers. 550-850 lbs., good and choice, $6®10.50; common and medium, $2.75©6.50; cows, good and choice. [email protected]: common and medium. $2.50@:3.25: low cutter and cutters, [email protected]: bulls, yearlings excluded, good and choice, beef. [email protected]: cutter to medium. $2.50@4: vealers. milk fed. good and chocie. [email protected]: medium, ss*B6; cull and common. s4@s. Stocker and feeder cattle—Steers. 500-1050 lbs., good and choice, [email protected]: common and medium. [email protected]. Sheep Receipts, 18.000; strong to unevenly higher than Wednesday’s average: choice native lambs showing upturn: few closely sorted loads, $6.25 @6.40 to outsiders; fed westerns held around $6.50. Slaughter sheep and lambs —Lambs. 90 lbs. down, good and choice. $5.50(36.50: medium. [email protected]; all weights common. [email protected]: ewes. 90-150 lbs., medium to choice. $1®2.50; all weights, cull and common. [email protected]. Feeding lambs—--50-75 lbs., good and choice. $4.00©5.10. By United Press CINCINNATI, 0., Oct. 29.—Hogs—Receipts, 3.400; heldover, 340; moderately active, steady to 5c higher: better grade 180-260 lbs., largely $5.40; 130®170 lbs., $4.75@5; some strong weights to packers, $5.15; sows, $4 to mostly $4.25; smooth light weights, $4.50. Cattle—Receipts, 350; calves, 250; slow; generally steady; cows, weak: odd lots common and medium steers and heifers, s4@6; a few better finished kind upward to $7; beef cows, $3.25@4; low cutter and cutters, *1.50@3; most bulls. $3®3.50; top, $4; vealers, steady to 50c higher’ good and choice. s7@B; lower grades, $6.50 down. Sheep—Receipts, 300; slow; generally steady; better grade ewe and weather lambs. [email protected]; common and medium, $4®5.25; skips downward to $3; fat ewes, $1.50 or below. By United Press EAST ST. LOUIS, 111., Oct. 29.—Hogs— Receipts, 8,000; market, moderately active; butcher hogs, generally 10c higher; pigs, steady; packing sows, strong to 25c higher: top, $5.20: most 160-240 lbs., [email protected]; 100-150 lbs., $4.50@5; packing sows, largely, $4.25® 4.75. Cattle—Receipts, 1,700; calves, receipts. 800; market, not enough native steers on sale to make a market; western steers and medium bulls, steady; cows, strong; vealers, 25c higher at $7.75; western steers, $3.75*84.75; heifers, $4.75® 6.50; cows, [email protected]; low cutters. $1.50® 1.75; top medium bulls, $3.25. Sheep-Re-ceipts, 3,000; market, around one-ihird estimated supply on sale; early trade on lambs to city butchers, steady at $5.50® 5. <5; packers bidding steady. By Times Special 29 - —Nogs—Receipts. 50°: r steady: 175-240 lbs.. $5.05; 240-300 lbs.. $4.65: 300 lbs. up. $3.70: 175 lbs. down, pies included $4.50: packing sows. [email protected]; stags. $2.55 down. Cattle—Receipts, 200: steady at week's decline: bulk medium and good. Slaughter steers and heifers. ss@6; cows. $3.75 down; bulk bulls. $3®3.50. Calves—ReceiDts. 300. steady; top vealers. *6; medium. s3so@ 450; culls. $3 down Sheep and lambs—Receipts, 200; steady: top fat lambs, $6: buck lambs $5; throwouts. $3 down: fat ewes. $2 down. Wednesday’s shipment*—Cattle. 431; calves. 105; hogs, none: sheep, none. By United Press LAFAYETTE. Ind.. Oct. 29.—Hoes— Steady to 15c lower: 250-275 lbs.. *5: 27~300 lbs.. $4.90; 300-325 lbs.. $4.75; 225-250 H.. $4.85; 200-225 lbs.. *4.80: 180-200 lbs.. *4.75: 160-180 lbs.. *4.60: 140-160 lbs.. *4.40; 120-140 lbs.. *4.20: 100-120 lbs.. *4: roughs *4.25; top calves. $6.50; top lambs, $5. By United Press TOLEDO. Oct 29.—Hog*—Receipts. 350: market. 10©20c higher: hgavies. *4.75®5; mediums. *5®5.25; Yo> tn. *4.504.75; Pigs *4.50® 4.75. Cattle —Receipts. 600; market, slow, steady. Calves—Receipt*, light; market slow. weak. Sheep—Receipts, licht; market, steady to strong.

Bright Spots of Business

By United Press NEW YORK, Oct. 29 —Sales of Servel, Inc., for the fiscal rear closing Oct. 31. will set anew record and double those for 1930, according to preliminary estimates. WILMINGTON. Del.—Engineers Public Service Company reported for the year ended Sept. 30 net earnings of $22,689,327, against 422,447,518 in the preceding year. NEW YORK—Net profit of Webster-Eis-enlohr. Inc., for the quarter ended Sept. 30. was $26,354, against a net loss of $126,729 in the preceding quarter. NORFOLK. Va.—September net income of the Virginia Railway was $447,809. against $404,499 in Septemper, 1930. NEW YORK. —General Cigar Company reported for the quarter ended Sept. 30\ estimated net profit of *844.172, or $1.60 a share, against $468,651. or 80 cents a share in the preceding quarter and *839,977, or *1.54 a share In the third quarter of 1930. PHILADELPHIA—Net income of the Philadelphia Company for nine months to Sept. 30 was $16,108,169. compared with $15,542,980 in the preceding year. NEW YORK—New York Railways Comranv reported September net income of 47,903. against $34,367 in September. 1930: net for nine months to Sept. 30 was $265,726. against $58,954 in the like 1930 period. NEWARK. N. J—Public Service Electric and Gas Company received contract to furnish half of electricity for lighting the new Kill Van Kull bridge oetween New Jersey and Staten Island. N. Y. HARTFORD. Conn.—Orders from Un-derwood-EUiott-Fisher Company's office in England for the past few days averaged 1.000 typewriters daily, a gam over business recently received.

The City in Brief

Motion pictures of Indiana’s state parks will be shown by Frank N. Wallace, state entomologist, at a meeting of the Indianapolis Exchange Club Friday noon at the Lincoln. Case reports by seven city physicians will be given at the Nov. 3 meeting of the Indianapolis Medical Society in the Athenaeum. A masked Halloween party will be given by Englewood lodge, F. & A. M., assisted by Engel wood chapter, O. E. S., Friday night at the Englewood lodge hall, 2714% East Washington street. John B. Fullen, secretary of the Ohio State University Association, will be guest speaker at a meeting of Indianqpolis alumni at 8 Friday at the Spink-Arms. Crispus Attucks Parent-Teacher Association will hold its first meeting for the school year Friday at the school. Mrs. Walker Cornett, P.-T. A. president, and Mrs. Clayton Ridge, representing the Community Fund, will talk.

Produce Markets

Eggs (country run)—Loss off delivered In Indianapolis. 18c: henerv aualltv No. 1. 21c: 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 un. 14c: bareback. 11c: Leghorn broilers 12c: spring chickens. 4% lbs. and up. 14c: under. 14c: old cocks. 829 c: ducks, full feathered. 9c: geese. 6c. These prices are for No 1 top Quality quoted bv Kingan & Cos. Butter (wholesale) —No. 1. 33234 c; No. 2. 31® 32c Butterfat—3oc. Cheese (wholesale selling price per pound)—American loaf. 23%c: pimento loaf. 25 3 4c: Wisconsin firsts. 19c: Lonehorns. 19c: New York limbereer. 30c. By United Press NEW YORK, Oct. 29.—Potatoes—Market, dull and easy: Long Island, 75c(452 Eer bbl.: New Jersey, [email protected] per asket; Idaho. [email protected] per sack; Maine. [email protected] per bbl. Sweet Potatoes—Market, steady; Jersey baskets, [email protected]; Southern baskets, 40 @ 65c; Southern bbls., $1®1.25. Flour—Market, quiet and firm: spring patents [email protected] per bbl. Pork —Market, dull. Mess—s2l.so per bbl. Dressed Poultry—Market, steady: turkeys. 20©38c; chickens. 17©34c; broilers. 170 34c: fowls. 10026 c: Long Island ducks, 18 ©l9c. Live Poultry—Market, quiet: geese, 12015 c; ducks, 12@23c; fowls. 170 260; turkeys, 20 025 c: roosters, 16@17c; broilers, 16©22c; chickens. 15@ 25c; capons, 20@28c. Cheese—Market, dull and easy; state whole milk fancy to special, 14@18c; Young America, 15*,4215%c. By United Press CHICAGO. Oct. 29.—Eggs—Market, steady receipts, 2,594 cases: extra firsts, 25%@ 26c; firsts. 24*/ 2 c; current receipts, 19@23c; seconds, 12016 c. Butter—Market, steady; receipts. 5,033 tubs; extras, 29V4c; extra firtsts. 28028 Vic; firsts. 26@27c; seconds, 24©25c standards, 28Vic. Poultry—Market, steady: receipts, no cars in, 1 due: fowU 15020 c; springers, 15*/ 2 @l6*/ 2 c; Leghorns. 12*/ 2 c: ducks, 12©16c: geese, 13cturkeys. J7@2oc; roosters 12c; broilers, 2 lbs., 14c; broilers under 2 lbs., 14c: Leghorn broilers. 14Vic. Cheese twins. 14%@ 14%; Young Americas, 14*/ 2 ©14%c. Potatoes —On track, 276; arrivals. 66: shipment. 680; market steady: to firm: Wisconsin 5 0U ii. and J v , hltes- 75 ®90c: Minnesota and North Dakota Coblers, 890 0 85c; Red River Ohios, 85@95c; Idaho Russets. [email protected]. By United Press CINCINNATI. 0.. Oct. 29.—Butter, steady: creamery in tub lots, according to score. 27 029 c; common score discounted, 2©3c: packing stock. No. 1,25 c: No 2 No. 3.12 c: butterfat. 28030 c. Eggs —Higher: (cases included) extra firsts. 27c: seconds ,24c: nearby ungraded. 25c. Live poultry—Fowls. 5 lbs. and over. 21c: 4 lbs. and over. 18c: 3 lbs. and over. 15c: Leghorns. 3 lbs. and over. 13c: roosters, 11c: broilers colored. 1 lb. and over. 23c: lVi lbs. and over. 20c: 2 lbs. and over. 19c: fryers, 3 lbs. and over. 17c: partly feathered. 10c: Leghorn broilers, 1 lb. and over. 23c: 2 lbs. and over. 15c; black springers. 10c; roasting chickens, 4 lbs. and over. 17c. By United Press no 9 E '^ ELAND- Oct. 29.—Butter—Extras, 33*ic: standards. 32*,ic: market, firm. Eggs—Extras. 31c; firsts. 21c: market, steady. Poultry—Heavy so 22©24cmedium. 18020 c; Leghorn. 12@15c: heavy broilers. 18@19c: Leghorn broilers. 13©15c: ducks. 12@16c: old cocks. 12@14c: geese, 13c; market, steady. Potatoes —Ohio and New York mostly 40@55c per bushel sack: Maine Green Mt.. best. $1: few. sl.lO per 100-lb. sack: Idaho Russets, $1.65 21.75: few. $1.8001.85 per 100-lb. sack. Other Livestock By United Press EAST BUFFALO. N. Y.. Oct. 19.—Hogs— On sale. 1.200: active largely to packers; weights above 160 lbs., s@lsc higher; lighter averages. 25@35c higher: bulk desirable. 140-225 lbs.. $5.600 5.65: packing sows, $4.2504.65. Cattle—Receipts, 100: holdovers. 200: market, very slow: cows and bulls weak to 25c lower: cutter cows. $1.2522.50: medium bulls. $3.2503.75: odd lots common heifers and steers. $4.25 0 4.75. Calves—Receipts. 125: vealers. steady; good to choice. $9: choice and medium, $5.5007. Sheep—Receipts. 1,100: lambs, fairly active: eenerallv steady: good to choice. $6.50: medium kinds and fat bucks. $5.50; strong weight throwouts. $4.50. By United Press PITTSBURGH. Oct. 29.—Hogs—Receipts, 1.500; market slow, mostly 10220 c higher; 170-210 lbs.. *5.50 0 5.60 : 220-270 lbs., $5.25 05.40; 100-130 lbs., $4.75 0 5.25; packing sows. $404.50. Cattle—Receipts, SO; market little changed: common steers. $5: common to medium heifers. $425. Calves —Receipts. 100; market, steady; good to choice vealers mostly $7.5009; medium grades down to $5.50. Sheep—Receipts, 1.000: market, steadv: good to choice. 65-76-lb. lambs. $6 2 6.50: lighter weights down to $5.50; common and medium. $3 25. By United Press CLEVELAND. Oct. 29.—Hogs—Receipts. 1,000: holdovers, 19: mostly tseady; 200-300 lbs., $5.40: 160-190 lbs.. $5.25; pigs, $5: sows. $5.25. Cattle—Receipts, 300; demand narrow; lower grade steers on peddling basis: uneven price decline necessary to move; many cows and bulls; scattered cutter and light steers, $3.7506: near steady; load medium giving little interest: only a small killer trade above $4 on best eight choice bulls: low cutter to medium cows wanted, largely $1.5004: few early $4.50. Calves—Receipts, 300: steady to weak; bulk desirable vealers. $9 downward; sparingly $9.50: culls to medium slow, largely SSOB, Sheep—Receipts. 1,000: active, steadv to strong, and upward to $6.25 6.50 on desirable lambs; choice quoted higher, around $6.75: culls and medium throwouts. $425.50. mostly. RAW SUGAR PRICES —Oct. 28— High. Low. Close. January 1.28 1.23 1.28 March 1.25 1.23 1.25 May 1.30 1.29 1.30 July 1.35 1.34 1.35 September 1.40 1.3* 1.40 December 1.29 1.24 1.29

GRAIN FUTURES •SELL DOWN ON PROFIT-TAKING Weak Securities Factor in Decline; Corn Options More Active. BY HAROLD E. RAINVILLE U□ 1 Press Staff CorrvSDondent CHICAGO, Oct. 29.—Further profit-taking sales on the Board of Trade today gave wheat a sharp dip. There was little support at the start and a scattering of overnight selling orders was sufficient to depress prices. Liverpool was strong on higher asking prices by Russia and the advance in North and South America. Weakness in stocks was a factor. Corn was steady and firm but price changes were small. The cold weather was a bullish influence. Oats was dull and easy with wheat. Opening Is Lower At the opening wheat wa* % to % cents lower, corn was unchanged to % cent off and oats Vi cent lower. Provisions were steady. A lower exchange was a factor in Liverpool’s % to lVic advance today. The erratic action of wheat Wednesday has induced a more conservative attitude on the part of the trade as to immediate trend of prices. The disposition now is to move more cautiously on the buying side on bulges although sentiment remains bullish for the long pull. Wheat prices have advanced 30 per cent in three weeks, rather rapid if the advance is to be held. Minneapolis December and Duluth May sold at 70c, said to be the highest any future has sold since the stabilization operations were abandoned by the government. Corn More Active Corn is beginning to assume a little more activity on the belief that the holding movement in several states is progressing. The market remains largely a local affair and fluctuations in a small range with prices following wheat. The weather was rainy with some snow in Minnesota and the Dakotas with temperatures lower. There is a disposition to take profits on small bluges in oats, affecting any attempts at a sustained advance. The seaboard reported some foreign demand Wednesday. Chicago Grain Range —Oct. 29WHEAT— Prev. High. Low. , 11:00 close. December ... .57% .567* .57 .57% March 61% .60% .60% .61% May .62% .61% .62 62% July 62% .62% .62% 63 Vi CORN— December ... .39 .38% .38% 39 March 41% .41% .41% .41% Mav 43% .43% .43% .43% July 44% .44% .44% .44% OATS— December .... .24% .24 .24% .24% Mav 26% .26% .26% .27 July 26% .26% .26% 26% RYE— December ... .41% .41% .41% 42 March .... .... 45 t May .46% .46% .46% .46% LARD— October ... 7.72 7.75 December • • • January ... 6-05 6.07

Cash Grain

—Oct. 28— The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b. shipping point, basis 41%c New York rate. W Wheat—Steady; No. 1 red. 44@45c; No. 2 red. 43®44c; No. 2 hard. 42®43c. Corn—Firm: new; No. 3 white, 32tfr33c. No. 4 white, 30@31e: No. 3 yellow. 30@31c; No. 4 yellow. 28®29c: No. 3 mixed. 29® 30c; No. 4 mixed. 27®28c. Oats—Steady; No. 2 white, 20®21c; No. 3 white. i9®2oc. .... Hay (f. o. b. country points taking 23%c or less rates to Cincinnati or Louisville)— Steady: No. 1 timothy. [email protected]; No. 2 timothy. $6®6.50. —lnspections Wheat—No. 2 red, 6 cars; No. 3 red, 2 cars; No. 4 red. 1 car. Total. 9 cars. Corn (new)—No. 2 white. 3 cars; No. 3 white, 3 cars; No. 4 white. 2 cars; No. 2 yellow, 4 cars; No. 3 yellow, 18 cars; No. 4 yellow. 6 cars; No. 3 mixed. 2 cars. Total, 38 Oats—No. 2 white. 1 car: No. 3 'white 17 cars; No. 4 white. 3 cars. Total, 21 cars. By Times Special CHICAGO, Oct. 29.—Carlots —Wheat, 46, corn 111, oats 31, rye 0 and barley 5. By Times Special CHICAGO. Oct. 28.— Primary receipts: Wheat. 1.618.000 against 1 153.000; corn, 449.000 against 627.000; oats 181.000 against 312.000. Shipments Wheat 1.180.000 against 1.234.000: corn. 179,000 against 309.000: oats. 67.000 against 211.000. By United Press CHICAGO, Oct. 28.—Cash grain close: Wheat—No. 4 red, 55 ] /tc; No. 2 hard, 59%c: No. 3 hard, 59c; No. 2 mixed, 58c; No. 3 mixed, 57%c. Corn—No. 2 mixed old, 40c; No. 3 mixed old, 39%c; No. 1 yellow, 39@39%c; No. 1 yellow old, 40%® ‘4l%c; No. 3 yellow, 36@38%c; No. 3 yellow old, 40%@42c; No. 4 yellow, 35®37c; No. 4 yellow old, 40%®41c; No. 5 yellow, 34 %c: No. 5 yellow old, 39c; No. 2 white old. 42%c; No. 3 white, 37%@38%c; No. 3 white old, 40%@40%c; No. 4 white, 36%e: sample grade old, 35VaC. Oats—No. 2 white, 25%c; No. 3 white, 23%®24%c; No. 4 white. 24%c. Rve—None. Barley—4o® 46c. Timothy—s3®3.2s. Clover—slo7s® 14.25. By United Press TOLEDO, 0.. Oct. 9.—Cash grain close, elevator prices: Wheat—No. 2 red. 60@61c. Corn—No. 2 vellow. 45@46c. Oats—No. 2 white, 28%®29%c; old oats premium 3® 4 cents. Rye—No. 7.; 48c. Grain on track —28%c rate. Wheat—No. 2 red, 55®55%c: No. 1 red. lc premium. CornNo/ 2 yellow. 39®41c: No. 3 yellow, 37® 40c. Oats—No. 2 white, 25%@27c; No. 3 white, 24®26c; old oats premium 3®4c. Clover—Prime $8; Oct., $8; Dec., *8.25; Feb., $8.50. Alslke—Cash, *7.75; Dec., $8; Feb., *8.25. Butter—Fancy creamery, 34® 35c. Eggs—Current receipts, 28® 32c. Hay —Timothy per cwt.. sl.

Local Wagon Wheat

Citv grain elevators are paying 45c for No. 2 red wheat and 44c for No. 2 hard wheat. ‘DUCITS’ RITCHIE BOOM Mayor Curley of Boston Won’t Attend Luncheon for Governor. By United Press BOSTON, Oct. 29—Mayor James M. Curley of Boston, who helped A1 Smith carry Massachusetts in 1928, will attend the Governor Albert C. Ritchie luncheon Saturday in name only. Mayor Curley, long a power in state politics, will be “out of town,” though his name appears on the program as a speaker. Curley, who favors Governor Franklin D. Roosevelt of New York as Democratic presidential nominee, said his name was placed on the program without his knowledge or consent. AVIATOR IS BANKRUPT Kokomo Flier’s Wife Lists Assets at $450; LiabUities, $6,400. Petition of voluntary bankruptcy was filed in federal court today by Mrs. Ruth Shockley of Kokomo, wife of Clyde Shockley, aviator. Bhe listed liabilities at $6,400 and assets at $450. V Shockley, known as the “flying farmer,” operates an airport near Kokomo.

Dow-Jones Summary

American Tobacco declared the reaular ouarterlv dividend of $1.25 each on common and common B. both navable Dec. 1. of record Nov. 10. Westinrboase Air Brake In nine months ended Sent. 30. earned 13 cents a share, against $1.79 In like 1930 period. September anarter 30 cents, against 30 cents In previous Quarter and 53 cents in September. 1930 quarter. Air Reduction September quarter earning 90 cents a share, against 11.22 in previous auarter and *1.53 In September. 1930 auarter Nine months $3.33 against 55.03 in like 1930 period. General Cigar September auarter earnings $1.60 a common share, against 30 cents in previous auarter and *1.54 in September 1930 quarter. Nine months 53. 16 against $4.13 In like 1930 period. New York cables opened in London at 3.875. against 3.9025; Paris, checks, 98.25; Amsterdam. 9.55; Italy, 75.25, and Berlin. 16.50. Bank of England statement as of Oct. 29. shows circulation 356,000 pounds, against 355.230 pounds on Oct. 22. Ratio 41.9 per cent, against 42.9 per cent and bullion 136.937,0(<> pounds, against 137,035.000. New York Railways Corporation September income $47,903 after taxes and charges, against *34,367 in September. 1930. Nine months $265,726, against $58,954. Canadian Pacific September net operating income $3,263,692. against $6,i50.672 in September. 1930. Nine months *14,660,241 against $22,883,997. Engineers Public Service Company in twelve months ended Sept. 30, earned $3.12 a common share, against $2.64 in previous twelve months. Aviation Corporation of Delaware, In nine months ended Sept. 30. net loss *917,907. against net loss of $4,022,154 in like 1930 period. Lehigh Coal and Navigation declared the regular quarterly dividend of 30 cents, payable Nov. 30, of record Oct. 31. United States Stores Corporation declared the regular quarterly dividend of $1 on preferred stock, payable Dec. 15, of record Nov. 25. New England Power Association In nine months ended Sept. 30. profit of *4,928,661 available for reserves and common dividends, against $5,725,800 in first nine months of 1930. 3. G. Brill Company declared the regular quarterly dividend of $1.25 on preferred stock, payable Nov. 2, of record Oct. SO. Central railroad of New Jersey September net operating income $125,956. against $724,874 in September. 1930. Nine months $3,078,152. against $5,461,323.

In the Cotton Markets

(Bv Thomson & McKinnon) NEW YORK, Oct. 28.—The cotton market started very well this morning. Five to ten points higher, but the first prices were the highest for the first half of the session. The trade had very little to do with it. Lower securities and the belief that nothing has been done about the sale of farm board cotton were the causes. The tone of the market improved around noon. Tuesday news to the effect that cotton is going into consumption at a rate of 14 per cent above the. same time last year was a surprise to most of the trade. It was widely quoted in the newspapers. We think well of buying cotton on all reactions. CHICAGO —Oct. 28— High. Low. Close. January 7.05 6.80 6.82 March 7.18 6.97 6.97 Mav 7.38 7.15 7.15 July 7.52 7.32 7.32 December 6.95 6.71 6.74 NEW YORK High. Low. Close. January 6.91 6.66 6.66 March ' 7.05 6.81 6.81 Mav 7.26 7.04 7.04 July 7.43 7.21 7.21 December 6.85 6.60 6.60 NEW ORLEANS High. Low. Close. January 6.93 8.69 6.69 March 7.09 6.84 6.87 May 7.28 7.05 7.05 July 7.44 7.22 7.23 December 6.87 6.60 6.32 OFFICERS NOMINATED Third Christian Church Class to Hold Election Nov. 25. Election of officers of the Christian Men Builders class of Third Christian church will be held Nov. 25. Nominees for officers are: William Callis and Jesse McClure, president: Walace Simms and Walace Schilling for vice-president, membership; Burris McMahon and Jack Walsh for vicepresident. advertising: George Mullins and Malcolm Davidson for vice-president, social affairs: Earl Condon and David Henderson for vice-president employment: Edward Strode and George Bogerdaus for vice-president, social welfare: Earl Lavden and Marion Clark for secretary, and John Cromle and Carl Erath for treasurer. Defers Ruling in Junk Case After two hours of argument today, Criminal Judge Frank P. Baker took under advisement the plea for anew trial of Sam Weimtein, Indianapolis junk dealer, sentenced recently to one to ten years on a charge of receiving stolen goods.

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

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 FLETCHEK AMERICAN NATIONAL RANK 41 NORTH PENNSYLVANIA STRICT

PAGE 19

WALES’ SLOGAN SWEEPSBRITAIN Billboard’s Everywhere Have Prince’s Words. By United Press LONDON, Oct. 29.—The present financial siuation in Great Britain has swept the slogan “Buy British,” coined by the prince of Wales, to great widespread popularity. Every shop window, newspapers, billboards, bus and underground placards, and other mediums of advertising drip with “Buy British,” and "British and Best.” The appeal Is used locally as well as nationally. Housewives are urged by newspaper and magazine articles, over the radio and by personal callers to buy their fish from British firms, clean their floors with soap produced by British workmen, teach their children to clean their teeth with British made articles and to sleep between British produced sheets. YOUTH TO DIE IN CHAIR 17-Year-Old Murderer Sentenced to Death in Illinois. By United Press ROCKFORD, 111., Oct. 29.—Russell R. Williams, 17, who pleaded guilty to a charge of murdering a street car motorman during a holdup, today faced a sentence of death in the electric chair. Williams, one of the youngest men ever to be given a death sentence in Illinois, will die Dec. 11, Circuit Judge A. E. Fisher ordered Wednesday. In the Air Weather conditions at 9 a. m.: West wind, 11 miles an hour; temperature, 47; barometric pressure, 29.69 at sea level; ceiling, thin, scattered clouds, unlimited; visibility, 7 miles; field, good. Plan Airport Frolic A Halloween party and dance will be held in the main hangar of Hoosier airport Thursday night by members of the Hoosier Flying Club. Fireman Builds Plane Russell Hammer, 641 North Rural street, Pennsylvania railroad fireman, today had the satisfaction of knowing that a light airplane he constructed is capable of flying, although he is not yet a pilot. Hammer, who built the ship in his spare time, is taking flying lessons at Hoosier airport, being instructed by Bob Shank, Hoosier airport president, and hopes to be able to solo soon. His home-made plane was tested Tuesday by Orville L. Grimes and was found satisfactory. Geese Outfly Plane By United Press SANDUSKY, 0., Oct. 29.—Postmaster Nernette Warner here reported an airmail pilot recently attempted to outdistance a huge flight of wild geese. The geese dipped and deployed, he said, without breaking their formation, then, in a sudden fright, left the speding pilot far behind. Ruth Undaunted By United Press CLEVELAND, Oct. 29.—Ruth Nichols, unofficial long-distance record holder among women fliers, was to leave for New York this afternoon aboard a passenger air line after stopping off here overnight. En route from Louisvlile where her plane was damaged badly at the end of a projected transcontinental hop, Miss Nichols refused to state her immediate plans, but said she would try to break some more flying records in the near future. NEW YORK COFFEE RANGE —Oct. 28— ~ . High. Low. Close. March 5.31 5.30 6 31 July 5.53 .... 5.53 September 5.63 .... 5.63 December 5.16 5.09 5 09

Zaiser & Zaiser Brokers Unlisted. Securities 129 E. Market LL 9375 EL 21*7