Indianapolis Times, Volume 43, Number 156, Indianapolis, Marion County, 9 November 1931 — Page 11
NOV. 9, 1931.
St. Mary’s Defeated Galloping Gaels Drop First Game of Year to Ex-Collegians. By United Press SAN FRANCISCO, Nov. 9—The San Francisco Olympic Club football team defeated the previously unbeaten St. Mary’s Gaels, 10 to 0, Sunday. Thirty thousand fans in Kezar stadium saw the group of former college stars playing “just for fun,” upset the squad that only a few weeks ago trimmed Southern California and California. St. Mary’s had defeated Santa Clara, San Francisco university and California and all of these had beaten the Olympians with the exception of S. F. U., which earned a 7-7 tic. The Olympian line outcharged St. Mary’s, breaking up the famous Gael passing attack on the defense and opening up big holes on offense. It was the first defeat for Slip Madigan’s Galloping Gaels since a year ago last September, when they bowed to California.
Saturday’s Grid Scores
STATE COLLEGES PMrrfM. Dß J2 e> J 0: Pennsylvania. 0. Purdue. 49; Ccntrnarv. 6. Michigan. 22; Indiana. 0. Ohio university. 27; De Pauw 0 franklin. 27: Wabash. 14. Rose i'olv. 13; Evansville. 0. Valparaiso 39: Wheaton. 0. Bluffton. 32; Earlham. 0. Manchester. 17: Crane Tech. 13. 6 Ttfe, ana Ileservcs ’ 6; Michigan Reserves. 33: Buffalo Varsttv. 6. ta?v U O. I ' rcshmen - 27 l Kentucky MUiOTHER COLLEGES Allegheny, 7: St. Bonaventure. 6. A abama. 41; Florida. 0. Albriifht. 49; Washington. 6. Amhrr.st. 33; Trinity. 6. Arkansas. 13; Chicago. 13 (tie). Army. 20: Louisiana. 0. Bnltiwin-Wallace. 26: Ashland. 0. Boston college. 19: Western Maryland. 6. Brown. 26: Ohio Wesleyan. 13 Brigham Young. 6: Utah Aggies, 0. Ki^s'°0 k VB CUV collcKCl 15: New tfork AgBuckhell. 7: Georgetown, 0. Case, 32; Hiram. 6. California. 13; Washington. 0. California Tech. 6; Clarion. 0. Carthage. 12; Eureka, 7. Carlcton. 33; Coe. 2. Catholic. 19; Manhattan. 6. Chattanooga. 68; Transylvania. 7. Cincinnati. 33: Denison. 0. Coast Guard. 31; East Stroudsburg, 6. Colorado. 25; Denver. 6. Colgate. 32: Penn State. 7. Columbia college. 12: Whiteman, 0. Columbia. 27: Virginia. 0. Concordia (Minn.), 41; Gustavus Adolphus. 6. Cornell college. 9; Knox. 0. Cornell. 54: Alfred. 0. Colorado Aggies, 26: Wyoming, 6. Dayton, 7; Xavier. 7 (tie). Dnvis-Elkins. 13; 3t. Thomas. 0. Davidson. 14: Citadel. 7. Delaware. 26: Swarthmore. 0. Delta, 7: Lambuth, 6. Defiance. 26: Detroit CHv college, 7. Dickinson. 0: Gettysburg, 0 (tie). DePaul. 46; Louisville. 0. Drexel. 12; Ursinus. 7. Duke. 7: Kentucky, 0. Eau Claire. 14; Stout. 0. Edinboro Teachers. 6; Slippery Rock. 0. Lion. 30: High Point. 0. Findlay. G; Bowling Green. 6 (tie). Fisk. 9: Johnson C. Smith. 0. Fordham, 39: Detroit. 9. Franklin Marshall. 40: Muhlenberg. 13. Friends. 7: Bethany. 0. Geneva. 19: Wavnesburg. 6. Georgia. 7: New York. 6. Georgia Tech. 19; North Carolina. 19 (tiei. Grinnell. 25: Washington (St. Louis). 0. Grove Citv. 12: John Carroll. 0. Guilford. 18: Lenoir-Rhvne, 6. Hampton. 21: Greensboro A. T.. 0. Haskell Indians. 26: Emporia Teachers. 0. Hardline. 12: Augsburg. 0. Hampden-Sidney. 18; Lynchburg. 0. Hartwick. 6: Upsala. 0. Harvard. 7: Dartmouth. 6. Haverford. 18; Hamilton. 6. Hillsdale. 14; Olivet. 0. Holv Cross. 12; Duauesne. 0. Huron. 0: Sioux Faiis. 0 (tic). Illinois Weslcvan. 12: Bradley Tech. 0. lowa State. 7: Kansas State. 6. lowa Weslcvan. 17: St. Ambrose. 14. Jersey Shove. 6; Lockliavcn. 2. John Harris. 21: Lancaster. 0. Juniata. 26: Susquehanna, 2. James Millikin. 32; Illinois college. 0 Kansas Weslcvan. 6: Phillips. 0. Kalamazoo. 20- Hope 19 La Crosse Teachers. 25: Platteville. 0. Lafayette. 22; Rutgers 0. Lawrence. 18: Carroll. 12. Langley Field. 20; Potomac. 0 Lebanon Valiev. 18: St. Joseph. 7. Lehigh. 19: Princeton. 7. Lincoln "Memorial! 111 13°;’ Eastern Kcn--1 "lou's island. 14; Hobart. 6. Luther. 32: Upper lowa, 14. Maine. 20: Powdnln. 13 14: St, Johns. Marquette!" 13; Washington and JefferS °Marshall. 60: Fairmont. 0. Mercer. 12; Birmingham Southern. 0. Mnrvsville. 6: Anoalchaian. 6 (tic). McKendrec. 13: Elmhurst. 7. . _ „ Mississippi Teachers. 13: Southwestern. 7. Michigan Normal. 27: Ferris. 0. Michigan State. 100: RiDon 0. Middleburv. 32: Norwich. th „ tcrn Mississippi college. 54. Soutnwe.tor Louisiana. 0. . „ Morgan. 19: Howard. Morehead <Kv.% 1 xipthanv 1 ' 0°" Mm-ris Harvev. 7: Bethany, u. Monmoutln 32 : Lake Forest. 7. efl^arv's 13 -29 AI La a Salie 0 Mt" Union 52: Detroit Tech. 0. Muskingum. UR Wooster. 0. Nebraska. 7: lowa. 0. N New“'Hn Bmpshlr 8 mpshlre 050 49;' Connecticut AgrlNow°' Mexico Normal. 9: New Mexico Mexico Angies. 13; New Mexico 6 North Carolina State. 6; Mississippi A a ’North Dakota. 36: St. Thomas 6. North Dakota State. 20; Moorhead Northland, 0: River Falls. 0 (tie). . Oberlln, 6: Akron. 0 Ohio Northern. 37: Marietta. 0. Ohio State. 20; Navy. 0. Oklahoma, 10; Kansas, 0. Oklahoma Aggies. 20: Creighton, 0. Oregon State. 19; Montana, 0. nt be in 26: Kenyon* 13. _ , _ Parris Island Marines. 18: Wofford, 0. Penn Military. 2: Baltimore. 0. Pittsburgh. 14: Carnegie Teen. o. Providence, 13: Niagara. 6. Puget Sound, 21: Bellingham, 7 Randolph-Macon. 14: Richmond. 6. Rensselaer. 7: Vermont, 0 m , Rhode Island State. 34: Worcestei Tech. 0. . ~ „ Soton Hall. 7: Lowell. 6. Srwanee. 7: Mississippi. 0. Shepherd. 26; st. John s (W Va.). 6. Simnson 34: Morningside. 13. Southern Methodist. 8: Texas A. and South Caro'inn. 27: Furman 0. Southern" California. 19: Stanford. o f, Springfield. 21: Massachusetts State. 3. Stetson. 24: Erskine, 7. c* t awrence 6: Clarkson. 0. It Olaf 20: St. Marv's iWinona'. 0. Syracuse 33: Western 0 St. r John (Brooklyn). 13: New York -ilv C °TeniDle" 13: Villanova. 7. Tennessee 31: Carson-Newman. 0. Tennessef Wcslevan. 25: Sue Bennet col!C Middle Tennessee. 15 :West Tennessee. 0. Texas. 25: Bnvlor. 0. Tovns ChrisM&n. 7. Rice. 6. Thiel 32: Westminster. 0. Tiifts. 6: Boston university. 0. Tularn*. 27: Auburn. 0. Tulsa 89: Mexico. 0 Tuskrgee 31: Morehouse. 12. Union. 13: Rochester, o. Utah. 28: Colorado college. 6. Vanderbilt. 39: Maryland. 12. KS V‘ r 43 5. 12- Presbyterian 0. West e „Virginia. 12: West Virginia WesKentucky 20: Miami (Fla.). 0. "tfes 0 West Liberty. L: Bethel Kv.R o. Westminster. 27' Missouri Valiev. 14. Whitewater. 7: Stevens Point. 7 Riel. Wimams. 29: Weslcvan. 7. William and Marx 13: Roanoke. 6. Wittenberg 10: Miami (O.t. 6. Wisconsin. 7: Illinois. 6 William Penn. 3: Mt. Carmel. 0. Yale a, 52‘ 1< St’ John 0. S. M.~u7 TEXANS TIED Unbeaten Rivals Will Flay for Southern Conference Title. Du United I’rrss 1 DALLAS, Tex., Nov. B.—The Southwest Conference championship football race today appeared narrowed down to a contest between the undefeated elevens of Southern Methodist and Texas Christian universities. Conceding both teams victories over Baylor, the conference title will be decided when the two meet at Ft. Worth, Nov. 28.
HEAVY SELLING FORCES WHEAT OPTIONS DOWN Weakness at Liverpool Is Factor in Dip of All Futures. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO, Nov. 9. V/heat dipped sharply as the Board of Trade opened today, a flood of overnight selling orders being augmented by liquidation inspired by the exceptional weakness at Liverpool. Foreign reports were mostly favorable, except for the frost in Argentina, which may injure the new crop which now is in a critical stage. Corn slumped with wheat, but rye shot upward in an independent display of strength. Oats was rather dull and easy at the start. At the opening wheat was % to 1% cents lower, com was 3 A to 1% cents off, oats unchanged to J ,i cent down and rye was % cent higher. Provisions were steady. Liverpool started lower and while having a good rally at one time, fell back to 1% cents lower at midafternoon. Although wheat closed practically unchanged Saturday after reaching new highs, sentiment has turned somewhat bearish. Gossip in the pit holds that eastern interests still have their long lines which may account for the refusal of the market to break. Reports from London that Russia is about to engage in anew marketing plan received scant attention. Interest has centered in the southwest where the lack of moisture Ls distinctly unfavorable for the new winter wheat crop. The continued refusal of the country to sell corn notwithstanding a IC-cent rise in prices in four weeks is surprising when the size of the crop just harvested is considered. Old corn is moving to the east in good volume and the demand remains brisk. Charters were made for 300,000 bushels to go to Buffalo late Saturday. The weather continues unseasonably warm, benefiting husking and moving. Industries engaged in producing cereals have been good buyers of oats and higher prices have resulted. Local professionals take profits on all bulges, however, tending to keep the market in a narrow range.
Chicago Grain Range —Nov. 9 WHEAT— Prev. High. Low. 11:00. close. Dec 65% .65 .65% .66% Mar 69% .68% .69 % .70% May 70% .69% .70% 1 .71% July 71% .7014 .71% .72% CORN— Dec 46% .46 .46% .47% Mar 50 .49% .50 .50% May 52 .51 .52 .52% July 33% .33% .33T4 .34'% OATS— Dec 28% .2714 .27% .26% May 30% .29% .30% .29% July 30 .29% .29% .29% RYE— Dec 34% .55% .54% .54% Mar 59 -.58 .58% .58% May 60 * .59% .60 .59% LARD— Dec 6.72 Jan .... .... 6.62 May 6.80 6.80 By Times Special CHICAGO. Nov. 9.—Carlots—Wheat. 72; corn. 187; oats, 30; rye. 2. and barley, 13. By Times Special CHICAGO, Nov. 7.—Primary receipts; Wheat. 1.100,000 against 1,550,000; corn 591,000, against 656,000; oats, 194,000. against 336,000. Shipments: Wheat 997,000. against 1,384.000; corn 144,000, against 512,000; oats. 1,119,000, against 700,000. By United Press TOLEDO, 0., Nov. 7.—Elevator prices: Wheat No. 2 red. 69®70c. Corn—No. 2 yellow. 52®53c. Oats—No. 2 white, 31® 32c; old oats premium, 3 to 4 cents. Rye— No. 2,59 c. Track prices. 28%c rate. Wheat—No. 2 red. 64@64%c; No. 1 red. 1 cent premium. Corn—No. 2 yellow. 46% ®4Bc; No. 3 yellow, 43%®46%c. Oats — No. 2 white 28®29%c; No. 3 white, 26%® 28%c; old oats, premium. 3 to 4 cents. Clover—Prime, $8.50; December. $3.75; February. $9; March. $9. Alsyke cash, $8.25: December $3.50; February $8.75. Butter fancy creamery 31@32c. Eggs— Current receipts 28®32c. Hay Timothy per cwt. SI.OO. ’'l'ited Press CHICAGO, Nov. 7.—Cash grain close: Wheat—No. 3 mixed. 6714 c. Corn (new)— No. 3 mixed. 45%®45%c; No. 4 mixed, 4.3%©44%c; No. 2 yellow, 48®48%c; No. 3 yellow, 44%©46%c: No. 4 yellow, 4412® 45c; No. 5 yellow, 43%c: No, 3 white. 46%c; No. 4 white, 43%®44c; (old) No. 2 mixed, 48c; No. 3 mixed, 47%c; No. 4 mixed, 46'/4C: No. 5 mixed. 47c; No. 2 yellow, 49c; No 3 yellow, 47%c; No. 5 yellow. 47%c. Oats—No. 2 white, 28%c: No. 3 white, 27%®27%c. Rye—None. Barley 38© 57c. Timothy—s3.so© 3.75. Clover — sl2® 14.50.
Whitlow Rated as Strong Foe According to press clippings, Tracy Cox, Indiapapolis contender for the junior lightweight crown, is going to have his hands full next Friday night at Tomlinson hall when he engages Allen Whitlow over the ten-round route. Whitlow is the first boy Cox has mr this year who is considered on an equal basis as a “comer” in the division. Whitlow defeated Eddie Shea about a year ago, and went to Australia, where he won all of his fights. Upon returning to America this summer he climaxed his performance by winning three in a row. two by decisions and one by a knockout. Double Windup to Top Friday Mat Card A double windup is carded for Friday night’s wrestling program at the Armory, Promoter Jimmie McLemore announced today. Johnny Carlin. St. Louis Swede, tangles with Bull Smith of Chicago for two out of three falls. Carlin has been wrestling in the east. Smith triumphed in his first appearance here last week. Billy Thom. I. U. mat instructor, will appear in the other top event against a good opponent. Two other events will complete the program. EXAMS WORRY IRISH N. D. Gridmen Get Rest; Banas Battles for Full Back Job. By l nit < a Press SOUTH BEND. Ind.. Nov. 9. Steve Banas, regular Notre Dame full back who has been out of action since he broke his hand in the Drake game, returned to the squad today and will attempt to win back his position from George Mellnko\ich. The Notre Dame regulars, faced with mid-semester examinations, were excused from practice today. The squad will leave Thursday afternoon for Baltimore to play Navy Saturday.
1 New York Stocks (By Thomson ti McKinnon — Nov. 9 Railroads— Prev. High. Low. 11:00. close. Atchison 117 116 116 118 Ati Coast Line. 57 Bait ti Ohio 36% 36 38 36% Chesa & Ohio.. 33 32% 32% 32% Chesa Corp .... 25% 24-’ 4 25% 25 Chi Grt West 4% 5 Chi N West 15% 15 V, CRI&P 254, Dei L & W 37% Del & Hudson 101 Erie 14 Erie Ist pfd 18*5 Great Northern. 27% 27% 27*4 27% Illinois Central. 2194 21% 21% 21% Kan City So ... 1514 15 15 15% Lou ti Nash 33% M K & T 9% 9 9 9% Mo Pacific 15V* 15 Mo Pacific pfd 37 37 N Y Central ... 53 52 52 52% Nickei Plate 14 NY NH <St H ... 42 41% 41% 42% Nor Pacific . ... 24% 24% 24% 24% Norfolk ti West 153 O ti W 9% Pennsylvania ... 32% 32 32 32% Seaboard Air L % So Pacific 52% 52 52% 51% Southern Ry ... 17% 17 17 17% St Paul 3% 3% 3% 3% St Paul pfd. 6% 6% St L & S F 10 10 Union Pacific 108 109% Wabash ... ... 7% W Maryland ... 9 a Equipments— Am Car & Fdy. 13% 13% 13% 13% Am Locomotive. 13% 12% 13% 12 Am Steel Fd ... 12% 11% 12% 11% Am Air Brake S 22% 22% Gen Am Tank.. 47% 47 47 47% General Elec .. 34% 33% 34% 34% Lima Loco 20% 20% Press Stl Car... 32% 3 Pullman 24% 24% 24% 27% Westingh Elec .. 51% 5 0 50 50% Rubbers— Firestone 15% 15 15% 15% Fisk 3 _ Goodrich ... 75/J Goodyear 30 29% 29’% 29% Kel-y s prgfld 2 2 U S Rubber 8% 8% Motors— Auburn 133% 135% 136% 136% Chrysler 17% 17% 17% 17% Graham Paige ... ... 2% General Motors. 29% 29>4 29% 29% Hudson 14 12% 14 Hupp 5% 5% Mack 22 '/i 21% 22 V 4 21 Marmon .. . . 2% Nash 21% 23% 20% 20% Packard 5% 5% Reo . 4% 4% Studebaker 15% 15% 15% 15% Yellow Truck 5% 5% 5% 5% Motor Access— Bendix Aviation 20% 19Vi 19% 20 Borg Warner... 14% 14% 14% 14% grtMS 5%. 5% 5% 11% Bull Wheel 51/2 Campbell Wv 10% ... Eaton 11% 11% 11% 11% El Storage 8... 3714 36% Hayes Body ... 2 Houda 4 Vi 4>4 4% 4% Sparks W 41/2 Stewart Warner 8% 8% 8% 8% Timken Roll .... 24% 24 24% 24% Mining— Am Meta’s 9% Am Smelt 33% 33 33 Vi 33 % Anaconda Cop.. 18% 17% 17%' 17% Cal & Hecla .. .. ... ... 474 Cerro de Pasco.. 21% 20% 21 20V, Dome Mines ... 9% 9% 9% 9% Freeport Texas.. 23'4 22% 23 23% Granby Corp .. 10% 10% 10% 1014 Great Nor Ore 17 16% Howe Sound ... 20% 19% 20 19% Int Nickel 11% 11% 11% 11% Inspiration ... ... 6 Kcnencott Cop.. 16% 16% 16% 16% Magma Cod 12Vi 12 Miami Copper ... ... 414 Nev Cons 7% 7% 7% 7% Texas Gul Sul.. 30% 30% 30% 30% U S Smelt 23 22Vi 22% 22% Oils— Amerada 16% Atl Refining 15% 15% 15% 15% Barnsclall 8% 774 8% 7 Houston 6% 6% 6Vi 6% Ohio Oil 10% 10 10% 10>4 Mex Sbd 10Vi 9% 9% 9% Mid Conti 9% 9 9 8% Pan-Amer B 24'/ 8 Phillips 8% 8% 8% 8% Pr Oil & Gas 10% 9’i Pure Oil 7% 7% Royal Dutch 18% 18% Shell Un 5% 5% Simms Pt 7 Sinclair 91/4 9% 9% 8% Skelly 5% 5% 5% 5% Standard of Cal 36% 36 36% 36 Standard of NJ37 :4 37% 37V4 37V4 Soc Vac 15% 15% 15% 15% Texas Cos 21% 20% 20% 20% Union Oil 18 17% 17% 17% Steels— Am Roll Mills 16% 16 16% 16% Bethlehem 32% 31% 32% 31% Byers A M 2214 21 Vs 22 Colo Fuel 13% 13% Cruc Steel 29% 28% Ludlum 8% BVi 8% 8 Midland ... ... 11% Newton 4% Ropub Iti S..N. 9 8% 9 8% U S Steel 73Vi 71% 72% 72% Vanadium .... 22% 22 22% 22% Youngst S & T.. 25 24% 25 24 Tobaccos— Am Tob (A) new' 91% Am Tob (B) new 9714 96 96% 95% Lie & Myers 8.. 62% 62% 6274 62 Lorillard 16% 16 16% 16 Reynolds Tob... 407, 40% 40% 4074 Tob Pr A 874 Tob Pr B 4 374 4 374 Utilities— Abitibi ... 474 4V4 Adams Exp .... 9% 9% 9% 9% Am For Pwr 17% 17Vi 1714 1774 Am Pwr & Li... 22% 22% 22% 22% AT&T 145 143% 143% 144% Col Gas & El.. 2414 2414 2474 24 Com Sou 6 5% 574 6 El Pwr & Li 19% 18% 19 1874 Gen Gas A 32% Inti T & T 1874 18% 1874 1 874 Natl Pwr & Li.. 19 18% 1874 1814 No Amer Cos ... 4574 44% 44% 44% Pac Gas & El 39 391/2 Pub Ser N J ... 68% 6774 68Vi 67% So Cal Edison. 37 35 % 37 36% Std G& El ... 44% 43% 43% 43% United Corp ... 15% 15% 15% 14% Ut Pwr & L A.. 14% 14% 14% 14% West Union 78% 78% 78% 787s Shicping— Am Inti Corp 974 9% United Fruit 36 3574 Foods— Am Sug 48 Armour A 1% 1% Beechnut Pkg 45 Cal Pkg 13 13% Can Dry 20% 197i 20 Vi 19% Childs Cos 13% Coca Cola 12474 124 Vi 12474 125 Cont Baking A 10 974 10 10 Corn Prod 574 54 5574 54% Cuban Am Sug. 274 Gen Foods 41 4074 40 % 40% Grand Union 11% 1174 Hershev 89% •Jewel Tea 33 32% Kroger 23 74 2 3 2 3 23 Nat Biscuit 53 7 a 52 53% 62 Pillsburv 2774 Purity Bak 21 20% 21 20 Safeway St 5474 54 54 54% Std Brands 16% rungs— Coty Inc 5 Lambert Cos 62% 62 62 6274 Lehn & Fink 24% 25 Indus! rials— Am Radiator ... 974 9% 974 974 Bush Term 20% 20% Certainteed 4% 4% 4 5 4 4 Gen Asphalt 18 17% 1774 1774 Otis Elev ... 28% 28 287s 277a Indus Chems— Allied Chem ... 96% 94% 9514 95% Com Solv 1374 1374 1374 13 Union Carb 3974 3914 39% 2914 U S Ind Alco 3274 32% 32Vi 33 Retail Stores— Assoc Dry Gds.. 13% 13% 13% 13% Gimbel Bros 374 Kresge S S 22 3 4 22% May D Store ... 27% 27% 27% 2674 Mont Ward 13% 13 1314 13% Penny J C . ...35’ 8 35% 35% 36% Schulte Ret St 434 Sears Roe 47 47 4774 475. Woolworth 55% 5474 55 55% Amusements— Bruns Balke 414 414 Crosley Radio 434 Eastman Kod ..114% 113% iii% 114% Fox Film A g Grigsby Gru ... 2% 2% '2% 2% Loews Inc 42 Param Fam ....17% i6% "i674 1 7 Radio Corp .... 14% 137 4 13 % 14% H;K-° 6% 6 6% 6% Warner Bros ... gav gr? Miscellaneous— Citv Ice & Fu.. .. ... 30'i Congoleum ’ ns* C £ n 87 85% ’gg 86 Cont Can 42% 42% 4->% 40 Curtiss Wr .... 2 4 4 S, 9*“?“! S R •• 15 ' V i 15% 15% 15% Real Silk ... Q3‘ 93/, Un Arcft 18% 17% 17% 18 t nt T S arv 36 353 i 36 36% J I Case 5674 55% 55% 55%
Mew York Curb Market IBy Thomson & McKinnon) —Nov. 9 11:00' 11 no Alum Cos of Am Ag'sHmp Oil of Can li” Am Cvnamid .. 5 3 a Int Pet 12 Am Gas & Elec fl Mid vest Ut! il't Am Sim Pwr... 7 !Mo Kan PiDe ' Ark Gas A 3‘ 8 Nat Inves 3 8 Ass Gas & Elec 7’< Nat Fam Stores' 14 Braz Pwr <fe Lt. U 7? Newmont Min 21 3 Can Marc ’VNia Hud Pwr..’. 9> Cent Sts Elcc.. Penroad 4*“ Cities Serv . B’s St Regis Paper. Cord 9H So Penn 0i1... Deere A: Cos 20 3 s Std of Ind 23 3 i Elec Bnd &Sh 22 iStd of Ohio.. 4* Ford of Can 16V'*jTJn Gas A 33^ Ford 01' Eng.... 8 3 !Un Lt <fe Pwr .. li 3 , Ford of Fr S’ilTJn Verde 5; Fox Thea lH'Ut Pwt B 5 3 i Goldman Sachs. 2 3 lUnited Fndrs... 3% Local Wagon Wheat Citv grain elevators are paving 55c for No. 2 red wheat and 54c for No. 2 hard wheat RAW SI'GAR PRICES —Nov. 7 Open. Low. Close. .Tanuarv 1.31 1.39 1.31 March 131 1.27 1.31 May 1.35 1.31 1.35 July 1.40 1.31 1.40 September 1.45 1.40 1.44 December 1.34 1.28 1.33 NEW YORK COTTON RANGE —Nov. 7 High. Low. Close. March 5.60 5.58 5.59 May 5.70 July 5.80 September 5.90 December 5.37 5.34 5.37
THE INDIANAPOLIS TIMES
FIRM DEMAND SENDS SWINE PRICESJGHER Cattle, Calf Trade Steady; Lambs Exhibit Few Changes. Indications of another week of firm prices were apparent in hogs at the city yards this morning when the market opened 15 to 25 cents above the previous week’s closing figures. The bulk of hogs, 160 to 325 pounds, sold for $5.25 to 55.40; early top holding at $5.40. Receipts were estimated at 5,000; holdovers were 50. In the cattle market, steers were nominal, she stock steady. Receipts wer* 300. Vealers were unchanged at $8 down. Calf receipts numbered 300. Lambs held steady, good and choice kinds selling for $6 to $6.50. Receipts were 500. Chicago hog receipts were 55,000, including 25,000 direct. Holdovers 1,000. Market opened mostly 10 to 15 cents higher than Friday’s average. Good to choice hogs weighing around 200 to 230 pounds sold at $5 to $5.10, while few weighing 180 pounds sold at s4.B;* Cattle receipts 17,000. Calves 3,000; market steady to 25 cents higher. Sheep receipts were 33,000, market unchanged. HOGS Nov. Bulk. Earlv Top. Receipt. 2. $4.75@ 5.10 $5.15 4,000 3. 4.757i 5.10 5.20 4.000 4. 4.857/ 5.30 5.30 3.C00 5. 4.95 C,( 5.30 5.30 4.0C0 6. 4.907/ 5.15 5.20 4,500 7. 5.00® 5.25 5.25 1.500 9. 5.25® 5.40 5.40 5.000 Receipts .5.000; market, higher. (140-160) Good and choice....? 4.75@ 5.00 —Light Lights—-(l6o-180) Good and choice.... 5.25 —Light Weights—-(lßo-200) Good and choice.... 5.25 (200-220) Medium and g00d... 5.30 —Medium Weights—-(22o-250) Good and choice 5.30i3) 5.05 (250-290) Medium and g00d.... 5.40 —Heavy Weights—-(29o-350) Good and choice... 5.15@ 540 —Packing Sows — (350-500) Medium and good.. 4.00® 4.75 (100-130) Slaughter pigs 4.50@ 4.75 CATTLE (Slaughter Class) Receipts. 300: market, steady. —Steers— Good and choice ... $ 8.75® 11.50 Common and medium 5.507/. 8. ,5 (1,100-1.500) Good and choice [email protected] Common and medium 6.50® 9.00 —Heifers—-(soo-850) Good and choice 6.757S 9.^5 Common and medium ?.50@ 6.75 —Cows — Good and choice 3.50® 4.75 Medium 2.7577 3.50 Cull and common 1.25® 2.75 —Bulls (yearlings excluded) Good and choice beefs Cutter, common and medium.. 2.007/j 3.20 CALVES AND VEALERS Receipts. 300: market, steady. —Vealers — Good and choice $ B.oo® 8.50 Medium 6.00® 8.00 Cull and common 4.00® 6.00 —Calves— Good and choice 5.50® 7.50 Common and medium ... 3.00® 5.50 Stockers and Feeder Steers Good and choice 4.50® 6.50 Common and medium 3.00® 4.50 Good and choice 4.50® 6.p0 Common and medium 3.005 y 4.jU SHEEP AND LAMBS Receipts. 500: market, steady. Good and choice $ Common and medium , ? o Ewes, med um and choice 1.25® 2.„0 Cull and common s°® J-- 0 Other Livestock By United Press * CINCINNATI. Nov. 9.—Hogs—Receipts. 2 300' heldover none, active, mostly 10c higher on 180 lbs. up: lighter weights generally 25c higher: spots up more, considering sorts.; better grade 1■ <O-275-lb_. av ®£7 ages, largely $5.50: 130-170 lbs., soi/5.25, sows mostly steady to strong; spots 25c higher: bulk, *[email protected]: a few smooth lightweights. $4.50. Cattle— Receipts. 1,700; calves. 250; lower grade steers and heifers mostly steady: in-between and better grade steers. 257/s'Oc higher; common and medium grass steers and heifers. $4®6.50; a few better finished kind upward to $7.50; one load fed grass steers averaging 1.152 pounds, $8; beef cows steady: bulk, $3.25 ®3.50; low cutters and cutter cows, strong to 25c higher; mostly s2© 2.75; bulls steady to weak, largely $3.75 down, a few $4: veaiers steady to 50c lower; good and choice. $7.50@8; lower grades, $7 down. Sheep—Receipts, 250: lambs slow; weak to 25c lower; better grade ewe and wether lambs. $5.75@6; a few $6.25; common and medium. [email protected]; sheep steady; fat ewes mostly $1.50 downward. By United Press EAST ST. LOIUS. Nov. 9.—Hogs Receipts. 11,500: market active, strong to 10c higher; top. $5.20: most 160-250 lbs., $5.05 @5.15; 100-160 lbs., $4,757/ 5.50: sows largely [email protected]. Cattle—Receipts, 4,500;' calves, receipts 2,000; market, uneven; buyers resisting higher asked prices on steers: no early sales: mixed yearlings and heifers steady, cows steady to 25c higher; bulls and vealers unchanged; top medium bulls. $3.25: good and choice vealers. $8.75. Sheep—Receipts. 7,009. including 500 direct; indications steady; few choice lambs to city butchers at $6. By United Press CHICAGO. Nov. 7.—Hogs—Receipts, 16.000, including 13,000 direct: active on best kinds. 15c to mostly 25c higher than Friday’s average; packing sows strong to 10c higher; good and choice. 210-240 lbs., $57/5.20; top. $5.20; 170-210 lbs.. $4.85® 5.10; few 140-lfjp lbs., $4.75®5; pigs, [email protected]; packing sows. [email protected]; shippers took 2.500; estimated holdovers. 1,000. Cattle —Receipts, 200; compared week ago: strictly grain fed steers and yearlings, 257i:50c higher; heavies up most; lower grades very uneven but mostly steady price range on killing steers, widest in trade history, top advancing this week to sl2. and common grassy kinds selling at $3.50@4; best long yearlings. $11.75; mixed yearlings. $11.50; heifer yearlings. $10.25; bulk killing steers, [email protected]: best slaughter westerns, $8; Stockers, $6.50; Stocker and feeders trade steady to 25c higher; she stock 25-50 c, mostly 50c up; bulls weak and vealers 50c@$l higher; approximately 15,000 rangers in receipts, bulk being replacement cattle and she stock. Sheep—Receipts, 7,000; today's market, nominal; for week ending Friday. 239 doubles from feeding stations, 39.700 direct; most classes unevenly steady to 25c lower; sheep unchanged; choice lambs became scarce and showed almost complete recovery as week closed; late bulk, good and choice native and fed western lambs, [email protected]: closely sorted natives. $6.35® 6.40; western range lambs. ss® 5.50 to killers: native bucks. [email protected]: throwouts. $4®4.50; fed yearlings. $4.50®5: fat ewes. [email protected]; white face range feeding lambs. $4.50 @4.75; few black faced kinds, [email protected]. B’• Times Speeial LOUISVILLE, Kv., Nov. 9.—Hogs—Receipts. 1.200. 10c higher; 175-240 lbs.. $5.15: 240-300 lbs.. $4.85: 300 lbs. up, S3 90' 175 lbs. down. $4.60; packing sows. $2.90@3 65stags, $2.65 down. Cattle—Receipts, T 200' fairly active best kinds strong others about steady: few early sales medium and good slaughter steers and heifers. $4.50© 6; top extra quality killers, $7.50; best cows. $4 down: bulls. $2.25®4; bulk light Stockers, 557/6. Calves, $7.50. steady top vealers, S7: bulk medium. S4®s; culls' ’53.50 °? w 2' ? he . ep , and Lambs—Receipts. 250 steady: best lambs, $6: bucks, $5; throwouts, $3 down- fat ewes. $2 down. Saturday and Sunday shipments: Cattle 28: calves, 264: hogs, none; sheep, none. By United Press FT. WAYNE. Ind. Nov. 9.—Hogs Re1M ?n nt i S a/i hi i* her % 100 t 0 130 !bs - M. 35 120 to 140 lcs., $4 50; 140 to 160 $4.60: 160 to 180 lbL. $4.80' 180 to 200 lbs., $4.90: 200 to 225 lbs $4 05* 005 ?o° 3C b o")h S < s ' os C-fWV'&P* Calves! $8;- limbs! sg°so. tO 350 lbS " Ss ' Bii United Press EAST BUFFALO. N. Y„ Nov g On sale. 6.200: snappy trade to all in%r ests: generally 15c higher- some hrht weights, up more: bulk desirable. 150-250 s b lr- s tt-'i s „',/ ew v d , ecks , Dlain kinds. $5.50® 5.61/. heights, below 150 lbs 50*??*% *:= Cattle Receipts, 1.400: holdovers " 200* Better grade steers and yearlings 'active-' Ikt to^ 25c • hiKher: erassers "uneven 1 about steady: cows and bulls steady to 25c higher: choice. 950-1.150-lb yearlings and *11.25©11.60: short load yearlings* e £ od stee rs and vearlings. $8.50® 9.50: fleshy grassers and short feds. s6© 7.50: common grassers. $4.7565.50: fat cows. $4©4./o: cutter grades. [email protected] Calves—Receipts. 1.300: vealers. 50c lowermedium and lower grades dragev: bulk be*t e - r „ lot i; $9: common and medium. $5.50® 7.30. Sheep—Receipts. 9.000: lambs, active; better grades stcadv: others strong to 2ec higher: good to choice. $6.75: medium offerings. $6: stvoogweight throwouts. S5fat ewes. $2.25© 2.75. By United Press „ S® V ULAND. Nov. 9.—Hogs—Receipts. 2.900: holdover, none: 156 25c higher; mostly $5.50 on 160-300 lbs.' sorts: top, $5.60; pigs. $5.25; rough sows, 54.25®4.50. Cattle—Receipts. 850: steers, eligible. $5 upward to $5.25 and above active, 25@50e higher; cutter kind, downward to $4. and heifers downward to S3; steady: low cutter to common cows, steady to strong. sl© 3.50: calves, receipts. 850; steady: better eiade vealers, $8.50 @9: cull to medium, $57/7.50. Sheep—Receipts. 3.600: lambs, strong to 25c higher: better grades bringing $6.50 freely: sparingly $6.6066.65; cull to medium, *4@6, mostly $5.50 down; ewes, sl@3. *
Dow-Jones Summary
California crude oil output in week ended Nov. 7. averaged 495.750 barrels daily, an increase of 1,550 barrels over preceding week. ' Total securities loans declined $412.000,000 in October to $6,185,000,000 the lowest since figures hare available. Postal receipts for October In fifty outstanding cities amounted to $28,617,000. against $32,279,000 in same month last year and $26,335,000 for September this year. Reo Motors Car Company and subsidiaries in September quarter net loss amounted to $771,000 after depreciation, against net loss of $956,000 fn 1930 quarter. Standard Oil of Kentucky in September net amounted to $157,000 after depreciation and taxes. Pines Winterfront Company declared the regular quarterly dividend of 35 cents on common stock, payable Dec. 1, of record Nov. 16. American Car and Foundry Company, Ltd., year ended Sept. 30. 1931, net. profit including $250,000 transferred from inventor'.- reserve not now required totaled $761,432 after interest, depreciation and federal taxes. This compares with net profit of $2,593,119 in preceding fiscal year. Standard Oil Company of Ohio has Increased its state-wide gasoline structure by 1 cent. New price now is 30 cents for Ethel and 18 cents for regular. Net profit of the North American Car Corporation for quarter ended Sept. 30. 1931. closely approximated $113,000, or 44 cents a share on 150,361 shares of common stock outstanding after allowing for dividend requirements for the period on $6 preferred stock. Net Changes By United Press NEW YORK, Nov. 7.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. Off. American Can 86 2% ... American Smelting 3314 2 ... American Telephone 144% 2% ... Atchison 1-1,8 5 Auburn 136% 1 ... Bethlehem Steel 31% 2% ... Case 55% % ... Chrysler 17% % ... Consolidated Gas 77% 1% ... Du Pont 67%'" 4% ... Electric Power 13% ... % General Electric 34% 114 ... General Motors 29% 1% ... International Nickel 11% % ... Itnernational Teelphone ... 18% % ... Loew’s Inc 42 ... % Montgomery Ward 13% % ... N Y Central 52% 1% ... North American 4414 1% ... Paramount 17 1% ... Pennsylvania 32% % ... Radio 14% % ... Radio Keith 6% ... % Sears Roebuck 47% ... % Standard Oil N J 37% % ... Texas Corp 21 % ... Union Carbide 39 % ... United Aircraft 13 % ... U S Steel 72% 2% ... Vanadium 22% 1% ... Westinghouse El 50% 1% ...
Produce Markets
Eggs (country run) —Loss off delivered in Indianapolis, 20c; henery quality No. 1, 23c; No. 2. 12c. Poultry (buying prices)—Hens weighing 5 lbs. or over. 16c; under 5 lbs., 15c; Leghorn hens, 12c; broilers, full feathered, 3‘/ 2 ibs. and up. 14c; bareback, 11c; Leghorn broilers, 12c; spring chickens, 4% lbs. and up, 14c; under, 14c; old cocks, B®9c: ducks, full feathered, 9c; geese. 6c. These prices are for No. 1 top quality quoted by Kingan & Cos. Butter (wholesale) —No. 1, 29@30c; No. 2. 27(?4>28c. Cheese (wholesale selling price per pound)—American loaf, 23 3 4c; pimento loaf. 25 3 /4c; Wisconsin firsts, l&c: Longhorns, 19c; New York limberger, 30c. By United Press NEW YORK, Nov. 9.—Potatoes—Market, steady; Long Is/and, [email protected] barrel; New Jersey, $1.25®>1.35 basket; Maine, [email protected] barrel; Idaho, $2.15®2.50 sack. Sweet potatoes—Market, steady; jersey baskets, $1.5041/1.75; southern baskets, 40 @6oc; southern barrels, [email protected]. Flour— Market, quiet; spring patents, $4.95<g5.20 barrel. Pork—Market, quiet; mess, $'21.50 barrel. Lard—Market, steady; middle west spot. ,[email protected] per lb. Tallow—Market, quiet; special to extra, [email protected]%c lb. Dressed poultry—Market, quiet; turkeys, 15 @3sc; chickens, 17@33c; broilers, 17®32c; fowls, 10®23c; ducks, 12<0)16c; Long Island ducks, 164818 c. Live poultry—Market. dull: geese, 12@17c; ducks, 13®'21c; fowls. 12@22c; turkeys, 20<&30c; roosters, 13c; chickens, 14® 22c; broilers. 13@62c; capons. 224x30c. • Cheese—Market, steady; state whole milk, fancy to specials. 17’A® 18c; young Americas, fresh, 14 3 4@157'/2C. By United Press CINCINNATI. 0.. Nov. 9.—Butter, steady; creamery in tub lots, according to score, 264x28c: common score discounted, 2@3c; packing stock No. 1. 25c; No. 2,17 c; No. 3.12 c; butterfat, 244/26c. Eggs—Steady; cases included: extra firsts. 31c; firsts. 27c; seconds. 23c; nearby ungraded. 28c. Live poultry—Thin and coarse stock sell only at heavy discount; fowls. 5 lbs. and over. ITVaCi 4 lbs. and over, 15'/2c; 3 lbs. and over. 14c: Leghorns. 3 lbs. and over. 12c: roosters. 10c: broilers, colored. 1 lb. and over. 20c: V/2 lbs. and over. 20c; 2 lbs. and over. 20c: fryers. 3 lbs. and over, 18c; partly feathered. 10c; Leghorn broilers. 1 lb. and over, 20c; V/2 lbs. and over, 20c: 2 lbs. and over. 18c: Leghorn stags, lie: black springers. 10c; roasting chickens, 4 lbs. and over. 16c. By United Press CHICAGO. Nov. 9.—Eggs—Market, firm; receipts 2.775 cases; extra firsts. 29@30c; firsts, 274/28c; current receipts, 234426 c; sceonds, 124/18c. Butter—Market, steady; receipts, 9.228 tubs; extras, 29 , , / 4c; extra firsts. 28©28V<c; firsts. 26@27c: seconds, 24®25c: standards. 28V2C. Poultry—Market steady; receipts, 4 cars; fowls. 13®17c; springers, 16®17c; Leghorns, 12c; ducks, 12@17c; geese. 12V2C; turkeys. 15@19c; roosters. 12c; broilers. 2 lbs., 14c: broilers under 2 lbs., 14c: Leghorn broilers, 14c. Cheese—Twins, 13 3 4®HVic; Young Americas. 14®14 1 /2C. Potatoes—On track 294; arrivals 152: shipments 313; Wisconsin Round Whites. 70©80c; Minnesota and North Dakota Red River Ohios, Soc©sl; Idaho Russets, [email protected]; Nebraska Triumphs, 95c©,51.20. By United Press CLEVELAND. Nov. 7.—Butter, eggs, poultry, no quotes today. Potatoes—Ohio mostly 50c per bushel sack: Maine Green mountain mostly $1; few, sl.lO per 100-lb. sack. Idaho Russets mostly. $1.75: few, $1,804x1.85 per 100-lb. sack. In the Cotton Markets (By Thomson & McKinnon) NEW YORK, Nov. 7.—The cotton market was steady this morning with most of the trading around last night’s prices. There was pre-bu-reau liquidation and some selling by brokers who sometimes act for the co-operative societies. General textile news continues to improve and we hear of more mills in Manchester resuming work. There is more than usual interest in Monday’s estimate, which the government is to issue. The trade expects an increase and we agree with this opinion, but are very doubtful whether it will cause an appreciable decline. There is a growing disposition on the part of the trade to increase its stocks. Retail establishments are notoriously short of goods on their counters, and. taken all in all, we see no reason why recent improvement should nor go far, accompanied by higher prices for the actual cottons. —Nov. 7 CHICAGO High. Low. Close. January 6.95 6.82 6.88 March 7.16 6.98 6.98 May 7.35 7.16 7.16 July 7.47 6.31 7.31 December 6.87 6.75 6.75 NEW YORK High. Low. Close. January 6.80 6.70 6.70 March 6.93 6.84 6.84 May 7.13 7.02 7.03 Julv 7.29 7.17 7.17 October 7.50 7.41 7.41 December . 6.73 6.62 6.62 NEW ORLEANS High. Low. Close. January ’ 6.80 6.71 6.71 March .. 6.97 6.85 6.85 May .. 7.15 7.03 7.03 July 7.29 7.20 7.20 December 6.73 6.63 6.63 New York Liberty Bonds —Nov. 7 3'bs 100.11 Ist 4>4S 101.22 4th 4 Vis 101.30 Treasury 4Us 107.27 Treasury 4s 103.8 Treasury 3Us 101.16 Treasury 3Us of '47 ................ 98.31
U. S. ATTITUDE IS PRAISED BY JAPANPAPER Scripps-Howard Position in Manchurian Crisis Is Condemned Strongly. By Scripps-Hotcard Xetespaper Alliance OSAKA, Japan, Nov. 9. Warm commendation of the Washington government’s attitude on the Manchurian situation is voiced editorially by the Mainichi, together with equally strong disapproval of the editorial attitude of the ScrippsHoward newspapers. It is the Mainichi’s expressed opinion that the Washington attitude is both prudent and admirable and the fact that the United States has not commented upon the League of Nations council’s recent resblution is taken to indicate that Secretary Stimson will not go too far in his government’s support of the league. The Mainichi points out that American public opinion shows two trends, one which appreciates that the basic cause of all the trouble in Manchuria is China’s habitual refusal to recognize the sanctity of her treaties. The other is the Scripps-Howard viewpoint, which holds that Japan has violated the Kellogg-Briand pact. Question U. S. Preparedness “However,” says the Mainichi, “the Scripps-Howard newspapers overlook the fact that there always is a difference between the theoretical interpretation and the practical application of a treaty. “If the Briand-Kellogg pact is to be enforced strictly abstractly, why do the powers, including America, retain vast military forces?” “The Scripps-Howard newspapers curiously are silent regarding the interpretation on which the senate foreign relations committee went on record when it sanctioned the Kellogg pact and in doing so declared that ‘the right of self-defense must not be curtailed or impaired by the terms of the treaty and that each nation always must be free to defend itself and to be the sole judge of that self-defense and the necessity for the same.’” The editorial concludes with the statement that the Japanese only are exercising self-defense in Manchuria and that the Kellogg pact can not be applied one way in the Orient and another way in America. Angered by Simms’ Stories The articles of William Philip Simms, foreign editor of ScrippsHoward, have aroused great indignation in Japan, where they have been reprinted extensively. The Japanese press protests that Simms misses one fundamental point, which is that if China repudiates the 1915 treaty, which Is based on the famous “twenty-one demands,” she likewise repudiates her treaties with all the other powers. The Japanese press makes the flat charge that China has caused the present Manchurian situation by inaugurating a program having as its objective the forcing of a revision of all undesirable treaties, by resort to direct action rather than following legal processes to obtain this result.
The City in Brief
TUESDAY EVENTS Rotarv Club luncheon. L. S. Avres & Cos., auditorium. Gyro Club luncheon. Smnk-Arms. Mercator Club luncheon* Columbia Club. Architectural Club luncheon. Architects’ and Builders’ buildinir. Purchasinr Aeents’ Association luncheon. Severin. American Chemical Society luncheon. Severin. Universal Club luncheon. Columbia Club. University of Michigan Alumni luncheon. Lincoln. Republican Veterans luncheon. Board of Trade. Indiana League for the Hard of Hearing, 7 p. m.. Stokes building. Indianapolis Medical Society, 8:15 p, m.. Athenaeum. Young Attorneys’ Association luncheon, Washington. W. T. Ellis was elected president of the Old Time Printers’ Association at a meeting at Typographical Terrace Sunday afternoon. R. B. Darnaby is vice-president; William A. Greene, secretary, and John F. White, E. T. Oburn and C. F. Betz are the new directors. Examination for a furniture finisher for duty at Ft. Benjamin Harrison was announced today by the civil service commission here. Senator Arhur R. Robinson will be the principal speaker at a banquet at 6:30 Wednesday evening at the Meridian Street M. E. church under auspices of the women’s association of the church. Tenth annual business meeting of Boys of Auld Lang Syne, Indianapolis lodge, No. 13, B. P. O. E„ will be held Wednesday at 6 p. m. in the Antlers. Jack Menan of Chicago, manager of Super Service and Research Clubs, will be the speaker at a meeting at 8 Tuesday night of the Automotive Maintenance Association at 731 North Capitol avenue. Second of a series of “hikes with a purpose” will be conducted Sunday to Bacon’s Swamp, under direction of Mrs. W. C. Gardner. Hikers will meet at College avenue and Fifty-sixth street. “German Economic Conditions” will be the subject of a talk by Harry E. Jorden at a meeting Monday of the Service Club of Indianapolis. Crispus Attacks high school music department will give the second of a series of monthly musicales at 4 Sunday afternoon in the school auditorium. R. J. Kryter, chemical research director for the Prest-O-Lite Storage Battery Corporation, will address members of the Indianapolis Scientech Club at a noon luncheon Monday in the Architects and Builders building, Pennsylvania and Vermont streets. Fiend Slays Ten; Escapes Bt ted. Press SOFIA, Bulgaria, Nov. 9.—A released convict, Maroloff, ran amuck in the village of Kumaritza today with a pistol and a hatchet. He killed ten people, injured seven and then escaped.
Bright Spots of Business
By United PttH NEW YORK. Nov. 9.—Sales of cotton cloths in October were 146.9 per cent of production and orders on hand assured employment of Industry employes for winter. association of cotton textile merchants reported; department store sales stimulated by cola weather. CHICAGO.—Sharn upturn In commodity prices expected to be reflected in expanding sale* and collections ot farm equipment companies. WILMINGTON. Del. General Cigar Company to reopen plant in three weeks, with force Increased to 300 workers. NEW YORK.—Westinghouse Electric and Manufacturing Company received order for $1,230,000 equipment from New York board of transportation.. TOLEDO.—American Can Company's plant recaling workers and going on day and night shifts, it was announced. Sales of John R. Thompson Cnnpanv for the third quarter totaled $3,664,945, against $3,622,874 in the third quarter of 1930. LAWRENCE, Mass.—End of five-week textile strike which has cost 20,000 workers about $2,500,000 in pay rolls was reported imminent. Indianapolis Stocks —Nov. 9 Bid fsk American Cent Life Ins C0..1,025 ’ ... Belt R R & S Yds Cos com.. 28 33 Belt R R ts Yds Cos pfd 50 55 Bobbs-Merrlll Cos io Central Ind Power Cos pfd 7 r 4 63 75 Circle Theater Cos com 7%... 85 Citizens Gas Cos com 10% ... 20 Citizens Gas Cos pfd 5% 94 100 Commonwealth Ln Cos pfd 7% 97 lin Commonwealth Loan Cos 8%..101 Hook Drue com 7 Indiana Hotel Cos Clavpool 105 Ind Hotel Cos pfd 6% .-.100 Indpls Gas com 6% 55 60 Indpls Pwr Lt Cos pfd 6%%... 93 98 Indpls P Wei Ln Assn cm 8% 50 Indpls Water Cos pfd 5% 100 Pub Servos Ind 7 r r 75 85 Pub Servos Ind 67i 80 Metro Loan Cos 8% 101 . . No Ind Pub Serv Cos pfd 6%.. 83 90 No In,. P Serv Cos pfd 5%%.... 71% 80 No Ind P Serv Cos pfd 7% 94 100 Progress 16% E. Rauh &■ S Fert Cos pfd 6% 47 Shareholders Invest Cos Ter Haute Electric Cos Pfd 6% 90 Union Title Cos com 6%..... 10 Van Camp Prod Cos Ist pfd 95 Van Camp Prod Cos 2d pfd 8% ... 95 Backstay Welt Cos com 17 Ind Pipe Line Cos 8 9 Link Belt com 19 20 Lynch Glass Machine Cos com 15 16 Noblitt Sparks Industrials Inc 19% 21 Perfect Circle Cos com .... 30 3? Real Silk Hosiery Mills. Inc... 3 4 Real Silk Hosiery Mills pfd.. 16 20 Standard Oil Cos (Indiana)... 23% ?4 Ross Gear 18 20 Natl Title 3% 4 J D Adams Manufacturing Cos.. 13Vi 15 BONDS Belt R R & Stky Yds Cos 45.... 90 Central Ind Pr Cos 6s <>s Citizens Gas Cos 5s 95 100 Cntzens Street Railroad 5s 17 Home Tti Tof Ft. Wavne 6s 99% .. . Indpls Power and Light Cos 5s 99 100 Indiana Service 5s 65 67 Ind Railways & Light Cos 5s Indpls Gas Cos 5s 95 100 Indpls Street Rvs 4s Indpls Trac Terminal Cos ss. 45 50 Indpls Water Cos 5%s '53... 100 Indpls Water Cos 5%s ’54 .... 100 Indpls Union 5s 95 96 Indpls Wa Cos Ist lien ref 55.. 90 Indpls Water Cos 4%s ’...94 Interstate Pub Serv Cos 4%s .. 79 81 Interstate Pub Serv 5s 95 97 Interstate Pub SCo (B) 6‘is .. 96 No Ind Pub Serv Cos 95 97 Terre B T & L 5s In the Stock Market (Bv Thomson & McKinnon) NEW YORK, Nov. 7.—With stocks more firmly established at the higher levels since the recovery from Oct. 5 lows was inaugurated, demand grew more confident and aggressive. Advances were uniform and general, experiencing little difficulty in absorbing the usual week-end realizing. Influences contributing to the buoyancy of the market were largely the continuance of advancing grain prices and the better tone of the commercial news. Genuine trade improvement appears to be developing in both retail and industrial channels. The rise in commodity markets is having visible effect on sentiment throughout the country, from the producer to the manufacturer. Particularly encouraging is the promise of betterment in the basic industries, notably steel and automobiles.
In the Air
Weather conditions at 9 a. m.: South southwest wind, 11 miles an hour; temperature, 60; barometric pressure, 30.19 at sea level; ceiling, clear, smoky, unlimited; visibility, 3 miles; field, good. Sets Mark in Tiny Ship By United Press PORT DARWIN, Australia, Nov. 9.—Charles Butler, a Briton, flying a Comper-Swift airplane, said to be the smallest in the world, set anew record today for flight from England to Australia. Butler left Lympne airdrome, England, at 5:16 a. m. Oct. 31 and arrived here at 4:23 a. m. today, beating the previous record held by C. W. A. Scott by about an hour. Butler’s time was nine days, one and thirty-two minutes. Butler wore carpet slippers through the flight and his meager equipment included a tomahawk for use in case he was forced down and attacked by tribesmen. Butler estimated that the entire flight cost only 35 pounds (nominally about $170), because of low oil and gasoline consumption. Other Livestock By United Press TOLEDO. Nov. 9.—Hors —Receipts. 300: market. 15©25c hiKher: heavies. 54.50©5; mediums. [email protected]: Yorkers. $4.75®5: pfes $4.50© 4.75. Cattle—Receipts, 50: market! steady Calves—Receipts, iight: market, slow. Sheep—Receipts, lieht; market. 25c lower. By United Press PITTSBURGH. Nov. 9.—Hogs—Receipts. 3,000; market, active, 15c to mostly 25c higher; 160-240 lbs., $5.60© 5.75; 120-150 lbs., $5.25© 5.50; pigs, down to $5 mainly good packing sows, $4.50© 4.75. CattleReceipts. 1,200; market, steers and heifers, strong to 25c higher; cows about steadybulls, steady to 25c higher: medium to good, beef steers. $6.75©8; common light weights. $4.50©5.50: medium heifers. ss©6beef cows, $3©4.50: medium and good bulls, $3.50©4.50; calves, receipts, 700market. steady; good and choice vealers. $7©,8.50; medium grades, ss© 6.50. Sheep —Receipts, 4.000; market, steady; good and choice. 60-80-lb., lambs, $6®6.75; common and medium grades, $3.50® 5.75aged stock, scarce. PRINTERS NAME ROUSE Election of Leon H. Rouse, New York, as first vice-president of the International Typographical Union to complete the unexpired term of the late Theodore Perry, Indianapolis, was announced here today at International headquarters. Rouse defeated C. M. Baker, San Francisco, by a margin of 661 votes out of a total of approximately 50,000 ballots. A general election will be held by the union next May.
Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS Xew York Stock Ixrhur* Chico go Stock Baohaagt Xow York Cottoa Exchange Chicago Board of Tm4* New York Carb Amdailio Rooms 200-214 Circle Tower Telephone Lincoln 9601
PAGE 11
STOCKS MOVE UP IN UNEVEN TRADEJANGE Uncertain News Reports Cause Irregularity in List. Average Stock Prices Average of thirty industrials for Saturflav 115.60. up 288. Average of twenty rails 54.45. up 1.26. Average of twentw utilities 43.77. up 1.02. Average of forty bonds 85.80. up .52. BY ELMER C. WALZER United Press Financial Editor NEW YORK, Nov, 9.—After a series of rapid fluctuations the stock market turned definitely higher aa the morning drew to a close. Industrial shares, led by United States Steel, rose to new highs on the recovery from Oct. 5 lows. Rails steadied and firmed up from their lows. Utilities made substantial gains. Oils resumed their advance and silver shares continued to display outstanding strength. Trading was very r utive and tickers were unable to keep pace wittt the market at several intervals. The uncertain movements were accounted for by various developments A wild rumor regarding the Manchurian situation sent the lisfc down before the end of the first half hour. Prices recovered only to break again when wheat opened more than a cent a bushel lower. Grains Aid Test Later wheat rallied and helped the stock market recover. Then! cotton turned up when the government's Nov. 1 ' crop estimate of 16,903,000 bales was reported. The figure was 619,000 bales above the October estimate, but below expectations. The silver market continued to operate at a rate equivalent to more than 5,000,000 ounces for a full day and prices held steady to firm, buoyed up by a sensational rise in bar silver at London. O nthe Stock Exchange, International Silver spurted to 40%, up 3%, and other silver company shares made substantial gains. J. I. Case and the mail order shares rallied on the improvement in wheat from the early lows. I tilties Are Featured Steel common ranged between 71% and 74, the latter up 1% from the previous close. It was around the hight at noon. Westinghouse Electric was at 51%, up 1%; General Electric, 34%, up %, and American Can, 86%, up %. These stocks sold down to losses ranging to 2 points earlier. Greater interest was displayed for automobile equipment shares with the advent of increased production on new models in several plants. Timken led this group with a rise of 2% to 27. Utilities were features on the recovery. Consolidated Gas rose to 79%, up 2 points; North American, 46%, up 2; American Telephone, 145%, up 1%, and Public Service, 69. up 1%. In the oil group, fractional gains were noted in standards of New; Jersey and California, ScoonyVacuum and Sinclair.
Bank Clearings
INDIANAPOLIS STATEMENT £L r K/I ines ' $2,752,000.00 Debits 5.050.000.00 CHICAGO STATEMENT —Nov. 9 §i e inl inES $39,800,000.00 Balances 4.600.000.00 TREASCRY STATEMENT —Nov. 9 PvLHHi? nCe for Nov - 6 $256,251,743.63 sans, •,/■■ to lass Investment Trust Shares PRICES AUK TO 12 NOON C. S T —Nov. 9 Am Founders Corn com ‘*lx2 Am & Gen Sec A 5 2 Am Inv Tr shares 314 ' ‘324, Basic Induustrv shares 31/, Collateral Trustee shares A... 6), ”5 7 A Cumulative Trust shares 5 51? Diversified Trustee shares A. 10 3 , Fixed Trust Oil shares 33. Fixed Trust shares A 93" Fundamental Trust shares A.. 4' * "544 Fundamental Trust shares B. 5U 5-'/. Leaders of Industry A Vi m Low Priced shares 5 ’ ’Ait Nation Wide Securities 4U 5 National Industries shares.... 3’-. 414 North American Trust shares 3U . So ected American shares ... 3 3 , 3% Selective Cumulative shares.. B'i 8 3/ Selected Income shares 434 514. Shawmut Bank Inv Trust.., 2U 4 Std Am Trust shares 41,, 3 Super Corp of Am Trust shares 44* 474 Trustee Std Oil A 4% Trustee Std Oil B 4% ’514. Unified Service Trust shares A 3\a 4 U S Elec Li & Power A 22 24 Universal Trust shares 334 4x4; New York Bank Stocks <Bv Thomson & McKinnon) —Nov. 7 , , Bid. A sic, Brooklyn Trust 262 272 '* Central Hanover 190 194 Chase National 523i 5434 Chatham Phoenix Natl 33’, 371* Chemical 373, 391? Citv National 6734 .034 Corn Exchange 84 ' 87 Commercial 190 103 Continental 20'4 2214 Empire 33 •jo* First National 2.500 2.600 Guaranty 331 333 Irvine 25'i 267 L Manhatten & Cos 50 ti 52 Manufacturers 413. 43 New York Trust ........ 114 117 Pubnc 29 Va 3114 Chicago Stocks Opening (Bv James T. HamiU & Cos.) —Nov. 9 Bendix Avia ... 30 Insull pfd ... 4934 Borg Warner... M’b Insull 6's ’4O * 591, Cord Corp 9 ! ,iMo Ka Pi Lne'. ’ 2ti Cont Chi Com. 3 Middle West ' iiaJ Com Edison ...148 Nat’l Sec old" 40 Cheo Sec BV2 Swift & Cos 23'4 Gt Lks Arcft... 23', U 8 Ra <fe Tel..! 1744 Houd Hersh 8.. 444 Walgreen Strs .. 14 * Insull com 14 ' Other Livestock By United Press TOLEDO. Nov 7.—Hogs—Receipts. 100* market, steady; heavies. $4.5034.75; mel orkers. *4 25®4.50: Digs. $4.25/t4.50. Cattle—Receipts, light; market, steady. Calves—Receipts, light: market! steady. Sheep—Receipts, light: market! steadv.
