Indianapolis Times, Volume 43, Number 158, Indianapolis, Marion County, 11 November 1931 — Page 13

NOV. li, 1931,

Tech Tackles Continentals Two city high school rivals will renew gridiron rivalry at Tech field Friday afternoon when coach John Mueller’s rejuvenated east siders battle Washington. Coach Bogue’s Continentals have won eight games *nd lost one, to Manual, while Tech, victim of tough breaks in many Rames, have dropped six close decisions and won tw T o. * Their impressive triumph over Logansport last week stamped the east siders as strong foes for the Uest side club and a close battle is predicted. Tech triumphed in 1929, 12 to 6, but dropped the 1930 decision, 14 to 0. Tech and Washington frosh will tangle Thursday at the west side gridiron at 3:30 p. m. Illini Lineup Gets Shakeup By United Press CHAMPAIGN, 111., Nov. 11.— Coach Boz Zuppke has shifted Marriner from end to tackle and Schalk to half back in another revision of the Illinois lineup. Schultz, who has been out with injuries, was used at full back. CHICAGO, Nov. 11.—Chicago hopes to score its first Big Ten victory of the season over Illinois Saturday with a forward pass attack. In Tuesday’s drill, the Maroons completed an average of 9 out of 10 throws. Wallace and Sahlin did the passing.

Early Basketball

* Lauter Boys’ Club will have three case teams on the court tor the coming campaign. All-Stars will play in the 21-24-year-old class. Seconds In the 17-19-year-old class and Midgets in the 14-16-year-old division. All of last year’s players are asked to report at the club tonight. Camden. Kinney, McTntire, A. Weatherford and Kenworthy of All-Stars, R. Parker, Englert. M. Kinney. Faucett, Jordan. J. Oherr of the Seconds, and Katra, L Weatherford, Wise, Ranee, C. Mrlntlre and K. Bennett of the Midgets, notice. Boys’ Club will start their season Friday, Nov. 20. Teams desiring games call Belmont 3641, ask for E. B. Kelly. Boys’ Club have their own gym. Ruralton Bulldogs defeated Tenth •Street Pirates. 35' to 14. after leading 22-to-l at the half. Bulldogs want games with city teams In the 16-18-vcar-old class. Call Cherry 6094, ask for Jim. Broadways, notice. Wilkinson White Oilers, sponsored by White Petroleum corporation, held their first practice Tuesday and are ready to book games with state teams. Write Garland r. Allee, Wilkinson. Ind., or phone No. 1. Shirley. Ind. Crawfordsville Casket Company five has organized for the season and will have a strong lineup. Games are wanted with state teams. Write Harry Hybarger, Crawfordsville Casket Company. Crawfordsville. Indiana Inspection Bureau five has Recess to a gym for Friday and desire a practice game with a local quintet. Call Earl Martin, Li. 1376, during the day. Wizards would like to schedule games with teams in the 135-pour.d class. Wizards have many players of former Wizards teams In this year’s lineup. For games call Ta. 6856. ask for Bill. BUTLER CAGERS REPORT Twenty-five basket ball candidates are working out under Coach Tony Hinkle at Butler. In the squad -are all of last year’s varsity five.

The City in Brief

THURSDAY EVENTS Advertising Club luncheon, Columbia Club. Engineering Society luncheon, Board Os Trade. American Business Club luncheon, Columbia Club. Real Estate Board luncheon, Washington. Sigma Nit luncheon, Lincoln. Caravan Club luncheon, Murat temple. Indianapolis League for the Hard of Rearing, 11 a. m., Stokes building. The Biff Four Athletic Association will hold a hard times party in the Modern Woodmen hall, 320 East New York street, Nov. 19. Dancing and cards will feature the evening’s entertainment. Prizes will be given to those dressed most appropriately. James E. Deery, city attorney, will address members of the Advertising Club of Indianapolis at a luncheon Thursday in the Columbia Club. Deery will speak on '*Keeping Good A City’s Name.” “Thoughts of a Judge” will be the topic of Judge Frank P. Baker of the Marion county criminal court, speaking before the weekly fellowship dinner of the Northwood Christian church Thursday night. Ralph Simpson was elected president of the freshman class at Butler university Tuesday. Miss Winifred Louden was chosen vice-presi-dent; Miss Olive Stienle, secretary, and Robert Stewart, treasurer. All are from Indianapolis. “Utilities” will be the topic of an address by Boyd Gurley, editor of The Times, at a noon meeting Thursday of the Indianapolis Real Estate Board at hotel Washington. Master Mason degree will be exemplified Friday night at 6 by Broad Ripple lodge, No. 643. F. <fe A. M. It is the only degree work scheduled for this month. Parent-Teacher association of John McCormick school No. 30. 40 North Miley avenue, will see a comedy-drama, “The Wild Flower on the' Hill,” played by members of the Parent-Teacher Association of Robert Browning school No. 73, Thirtieth and School streets, at the meeting Thursday night. The play is under direction of Mrs. Anita .Barger. Other Livestock By United Press CLEVELAND. Nov. 1 2 700- holdover, none: 160-300-lb. weights, 10ft 30c lower; bulk $5.: other* steadv; most light lights and pigs. $5.25. few plaln Quality. $5 15: rough sows, *4.25, sparingly $4.50. Cattle —Receipts, 500: mostly, steady; slow account asking higher prices; common to medium light steers. s4.<s© 7.10; low cutter to medium cows, $1.50(i 3 75; sausage bulls, s3®4 25; mostly, $3.25 ft 4. Calves—Receipts. 750; near steady, good to choice vealers upward to *8.50 to *9- cull to medium. $55 7.50. Sheep—Receipts. 3.500; (at lambs 15c to 25c ]ower; sheep and throwout lambs near steady; top lambs, *6.50; bulk around. $6.25; throwouts. *4.50#5.50. Bv United Press TOLEDO. Nov. 11— Hogs—Receipts. 250, market steadv; heavies. *4.75®5: mediums *V-i 5 50; yorkers. 54.50®475; pigs. *4.50 ft 4 75. Cattle—Receipts, light: market, ateadv. Calve*—Receipts, light: market, steady. Sheep—Receipts, light; market, steady. if By United Press FT WAYNE. Tnd.. Nov. 11—Hogs Steady 100-120 lbs , *4.35; 120-140 lbs.. *450 140-160 lb? . *4.65; 150-200 lbs.. *4.80; 200-250 lbs.. $4 90; 300-350 lbs . *4.90; roughs. *4; stags. *2 50; calves. *8; lambs $5.50. Moreno to Direct Mexican Film MEXICO CITY, Nov. 11.—Antono Moreno, the actor, arrived Monday night from Los Angeles to direct the first Mexican talking motion picture.

PORKERS SHOW LITTLE CHANGE IN DULLTRADE Cattle Undeveloped and Steady; Calves, Lambs Sell Off. Increased demand provided the basis for a slight upturn in hogs at the Union Stockyards this morning, prices running up 10 cents on some classes. The bulk, 160 to 300 pounds, sold for $5.10 to $5.20; early top holding at $5.20. Receipts were estimated at 5,000; holdovers w'ere 120. In the cattle market steer trade was undeveloped and she stock about steady. Receipts were 1,200. Vealers were around 50 cents off at $3 down. Calf receipts were 500. Lambs held weak to lower, the bulk selling at $6 to $6.25. The | morning’s top price was $6.50. Receipts numbered 1,200. Chicago hog receipts are 28,000, including 8,000 direct. Holdovers, 4,000. Market opened slow, with a few early bids and sales around steady at Tuesday’s average. Bidding for choice hogs weighing 240 to 270 pounds held at $5.10 to $5.15, while best heavies sold at $5.20 and above. Medium weights from 170 to 210 pounds sold at $4.90 to $5. Cattle receipts were 11,000. Calves 3,000, market steady. Sheep 26,000, market unchanged. HOGS Nov. Bulk. Early Top. Receipts. 4. $4.95® 5.30 $5.30 3,500 5. 4.95® 5.30 5.30 4.0C0 6. 4.90®, 5.15 5 20 4.500 7. 5.00® 5.25 5.25 1.500 9. 5.25® 5.40 5.40 5.000 10. 5.10® 5.20 5.20 6.500 11. 5.10® 5.20 5.20 5.000 Receipts, 5,000) market, lower. (140-160) Good and choice....* 4.75® 5.00 —Light Lights—--160-180) Good and choice.... 5.10®> 5.20 —Light Weights—-(lßo-200) Good and choice... 5.10® 5.20 (200-220) Medium and good.. 5.10® 5.20 —Medium Weights—-(22o-250) Good and choice... 5.10® 5.20 (250-290) Medium and g00d... 5.20 —Heavy Weights—-(29o-350) Good and choice... 4.90® 5.20 —Packing Sows—--1350-500) Medium and good.. 4.00® 4.75 (100-130) Slaughter pigs 4.50® 4.75 CATTLE (Slaughter Class) Receipts, 1,200; market, steady. —Steers — Good and choice $ [email protected] Common and medium 5.50® 8.75 (1.100-1.500) Good and choice [email protected] Common and medium 6.50® 9.00 —Heifers—-(soo-850) Good and choice 6.75® 9.25 Common and medium 3.50® 6.75 —Cows— Good and choice 3.50® 4.75 Medium 2.75® 3.50 Cull and common 1.25® 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, lower. —Vealers — Good and choice $ 7.50® 8.00 Medium 5.50 (iy 7.50 Cull and common 3.50® 5.50 —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 (800-1,500) Good and choice 4.50® 6.50 Common and medium 3.00® 4.50 SHEEP AND LAMBS Receipts, 1,200; market, lower. Good and choice $ 6.00® 6.50 Common and medium 3.00® 6.00 Ewes, medium and choice 1.25® 2.50 Cull and common 50® 1.25

Other Livestock By United Press CHICAGO. Nov. 11.—Hogs—Receipts. 28,000; including 8.000 direct; unevenly steadv; packing sows, steady to strong; 220-300 lbs.. [email protected]: top, $5.15; 170-210 lbs. *[email protected]: 140-160 lbs.. [email protected]; pigs. 54.25fti4.50: packing sows. $4.40©4.75; light lights. 140-160 lbs. good and choice. $4.75ft 4.95; light weight, 160-200 lbs., good and choice. [email protected]; medium weights. 200-250 lbs., good and choice. $4.90#5.15: heavy weights. 250-350 lbs., good and choice. $4.854,5.15; packing sows. 275-500 lbs., medium and good. $4.35ft,4.75; slaughter pigs. 100-130 lbs., good and choice. $4.25# 4.65. Cattle—Receipts. 11,000: calves. 3.000; few loads choice vearlings. sold about steadv with Tuesday's decline; no strictly choice heavies here; liberal crop warmed up and short fed Steers getting 25#50c lower; bids with practically nothing done; early top weighty steers. sl2: best long vearlings. $11.75; other classes mostly steadv. Slaughter catlte and vealers—Steers. 600-900 lbs., good and choice. sß® 11.75; 900-1100 lbs., good and choice. $84,11.75; 1100-1300 lbs., good and choice. SBGI2: 1300-1500 lbs., good and choice, $8 4,12; 600-1300 lbs., common and medium, $3.75ft8; heifers. 550-850 lbs., good and choice $6.25® 10.50: common and medium. s3ft 6.75: cows, good and choice. *3.75® 5.25; common and medium. s3ftt4; lew cutter and cutters. s2@3; bulls, yearlings, excluded, good and choice beef. cutter to medium. $2.25®4: vealers. miik fed. good and choice. $5.50ft,7; medium, $4.50ft5.50: cull and common. $3.504,4.50 Stocker and feeder cattle —Steers. 500-1050 lbs., good and choice. 55.25#7.25: common and medium. 53.504',>5.25. Sheep—Receipts. 26.000: fairly active, mostly steady; good to choice lambs. $5.50©6.25 to packers: best held around $6.50; medium rangers. $54, 5.25 to killers; feeders. S4W 4.60; some held higher. Slaughter sheep and lambs—Lambs. 90 lbs. down, good and choice.. $5.50# 6.65; medium. $4.00ft5.a0; all weights common. $3.504,4.50; ewes. 90150 lbs., medium to choice. $1.254, 2.75; all weights cull and common. $14,1.75: feeding lambs, 50-75 lbs., good and choice, $4.50@5. By United Press EAST ST. LOUIS, Nov. 11.—Hogs Receipts. 7,500; market s@loc higher than Tuesday's average: top. $5.15; bulk. 110250 lbs.. $54,5.10; light pigs scarce; sows. s4ft'4.so. Cattle—Receipts. 2,500; calves, receipts. 1,200; market, nothing attractive on hand in the wav of steers: no early sales natives; four cars Oklahoma grassers steady at $5.75; other classes generally steady in slow trade; mixed yearlings and heifers largely $5.50; cows, $34,4; low cutters, $1.754, 2.25; top medium bulls. $3.25; good and choice vealers. SB. Sheep—Receipts. 1.000; market, lambs steady to 25c higher; bulk. $5.50446: top. $6.25; common throwouts. $3.50; fat ewes mostly $2 down. By United Press EAST BUFFALO. Nov. 11.—Hogs—On sale. 1.700; active, steadv to 10c over Tuesday's close: steadv with earlv sales: better grade desirable 140-210 lbs.. $5.60: packing sows. $4.35® 4.75. Cattle —Receipts, 75; cows, generally 25c higher: cutter grades. $1.75473. Calves—Receipts. 200; vealers. rather slow, steadv: good to choice, mostly $9: common and medium. $5.50®7.50. Sheep—Receipts 1.000: lambs, active; fully steadv: good to choice. $6.75; medium kinds and weights around 100 lbs., $6; standard weight throwouts. $5. By United Press PITTSBURGH. Nov. 11.—Hogs—Receipts. 1.800: market slow, steadv to 10c lower; 150-240 lbs.. $5.404,5.60. mostly $5.50; 100140 lbs.. $54, 5.35; packing sows steady at $4.254,4.75. Cattle—Receipts. 10; market, nominally steady. Calves —Receipts, 75; market, steadv to strong: choice vealers. mostly $9: common to medium. $4.5047 7. Sheep—Receipts. 1.800: market, lambs, weak: mostly 25c lower: good to choice grades. $6®6.60: common and medium grades. *3.25®5.50. By United Press CINCINNATI. 0., Nov. 11.—Hogs—Receipts, 2.200 held over 100: moderately active steadv to 10c higher; better grade 160 to 270 lbs. largely 55.50; some sorted 160 to 180 lbs., $5.60; lighter weights very uneven, 130 to 150 lbs.. *[email protected]; sows weak to 25c lower at $4 to mostly $4.25: a few smooth light weights at $4.50. Cattle—Receips. 250. Calves—Receipts. 300; very slow, about steady odd lots common and medium grass steers and heifers, *4®6.50: a few better finished kind upward to $7.50; sprinkling of fed yearlings up to $8: most beef cows. $3.25ft 3 50; bulk low cutters and cutters, s2f?3. bulls weak: practical top. $3.75; a few outstanding kind. $4: vealers steadv; good and choice, $7.50f,8.50; lower grades mostly $7 down. Sheep—Receipts. 900: steady; better grade ewes wether lambs scarce at $5.75 to mostly $6; a few $6.25; common and medium. [email protected]; fat ewes largely *1.50 down. By Times Special LOUISVILLE, Nov. 11.—Hogs—Receipts. 700; 10c higher; 175-240 lbs., *5.25: 240300 lbs.. $4.95: 300 lbs. up, *4: 175 lbs. down. $4.70: perking sows. *34,3.75: stags. *2.75 down. CAttle —Receipts. 500 steadv: bulk better grade steers and heifers. *547 6: good cows, *4 down: bulls. *3®4; bulk lieht stockers. *5416. Calves—Receipts 200; market at a standstill, not enough earlv sales to establish quotations; best vealers Tuesday. *7; medium grade. s4® 5. Shepe and Lamb—Receipts. 150: steadv; top lambs. $6; bucks. *5; throwouts $3 down; JVt ewes. *2 doKn- Tuesday's shipments: Cattle, 28; calves, none; hogs, 134; sheep, non*,.

New York Stocks cbv Thomson St McKinnon'"""

—Not. 11Railroads— Prev. High. Low. 11:00 close. Atchison 120 1 a 118% 120% 119(4 Atl Coast Line.. 59% 59 58 % 58 Balt it Ohio.. 38% 37% 38% 38^ Chesa St Ohio.. 34% 33% 34% 33% j Chesa Coro.. .. 28 26% 27% 27% | Chi Grt West 4% | Chi N West 17 16% , CRI St P 26(4 25 Del L & w... 37% 37 37 37 Del & Hudson... 103% 103 103 103 Erie 14% 14% 14% 14% Erie Ist nfd 19% ... Great Northern 28% 28% 28* Illinois Central. 23% 22% 23 22% Kan City 50.... 15% 14% 15% 14% Lou & Nash.... 36% 38 36% 36/a M K St T 9% % Mo Pacific' .... 16 15% 15% 15% Mo Pacific pfd.. ... 37 36 a N Y Central . . 55% 53% 55% 54 Nickel Plate ... 14% I*% NYN H 4 H.. 44% 42% 44% 43% Nor Pacific . .. 20% 25 25% 25% oSt W 10 9% 9% 9% I Pennsylvania .. 34% 33% 34 33* Seaboard Air L So Pacific 5* 53 53% 53* Southern Ry 18% 17% If 17% St Paul pfd • * 8 St L& S F 11 10% 11 ... Union Pacific ..113 111% *73. 713 W 3 Marylandlo ”9% 9% 9% Am Q Car m & n Fdy.. 15% 15% 15% 14% Am Locomotive. .. ... ... 14/2 Am Bteel Fd 10% 10 10% 9% Gen Am Tank.. ... ... 46% General Elec ... 33% 32% 33% 33 a Gen Ry Signal 34% Lima Loco • 21 Press Stl Car 3% ... Pullman • • • • • • 27 Westingh Airb .. 20% 20% 20% 20 Westingh Elec .. % 48% 49 49% Rubbers — Firestone Goodrich ... 7% 7% Goodyear 28% 28 28% 28/2 Kelly Sprgfid 1% U S Rubber 7% Auburn 137 734 737 134% Chrysler 17% 16% I'/* Graham Paige.. 3% 3% 3/s 3% General Motors. . 28% 28% 28% 28% Hupp 5% 5% 5% 5% Mack 21% 21% 21% 21 Marmon Nash 20% 20% Packard s'* 5 '* Studebaker Yellow Truck 5% % Motor Access— , u Am Bosch .... • • •,. .ji., .Vs? Bendix Aviation 19% 19% 19 /a 19* Borg Warner... .. ... }*]* 74% Briggs 1 lVa Budd Wheel gf® Campbell 9% 9 s Eaton 7? 1 - / 2 Haves Body i,7 Houda 7,® Sparfcs-W i' B Stewart Warner g Timkin Roll 25% 26 Am Metals .... 9% 9 9% 9% Am Smelt 34% 33% 34 34 2 Anaconda Coo. 17% 16% 16 ,s 17 * Cal & Hecia ... .. ... 8 5 Cerro de Pasco 21% 21 21/s 21/s Dome Mines 9 1 * ’•>% 9% 9 4 Freeport Toxas. 21% 2t 5 /s 21 5 /s 214 Granby Corp 11 • Great Nor Ore. .. ... 17% 17,? Howe Sound ... 21 20% 21 21 s Int Nickel 11% 11 Vs 11% 11% Inspiration • ••• , 8/2 Kennecott Corp 15y 2 15% 15% 15 A Magma Cop ... 11% 11% H% 72% Miami Copper.. .. ... ... 4 A Nev Cons TVa 7*4 7% 7% Texas Gul Sul.. 29% 29% 29% 30 U S Smelt 24 23% 23% 24% Oils — Amerada • •• Atl Refining .... 15 14% 15 14 * Barnsdall 7% 7% 7% 8 Beacon 9 Houston ~ 8 ® Ohio Oil 9% 9% Mex Sbd 9% 9% 9% 9 4 Mid Conti B‘A 8% Phillips 8 B*/ Pr Oil & Gas... 9% 9 9 9% Pure Oil 7% 7% Roval Dutch ... 18 17% 18 17% Shell Un 5 5 Simms Pt, ... , 6 8 % Sinclair 8% B'/s BV4 8% Skelly 5Vi 5 Vs Stand of Cal ... 35% 35 35 35% Stand of N J... 3o'/4 35% 36 36V4 Soc Vac ... 14% 14% Texas Cos 21 20% 20% 21 Union Oil 17 Steels— Am Roll Mills 15 14% Bethlehem 31% 31 31% 31% Byers A M 21% 20% 20% 20% Colo Fuel 12% 12% 12% 13 Cruc Steel ... 32 Inland ... ... 35 Ludlum 9 Midland 12% Newton 5% SV Republic I & S.. 9% 9 9% 9>4 U S Steel 72% 71% 72% 73% Vanadium 22 21% 22 22 Youngst S& T 26% 27 Tobaccos — A Tob A (new) 92

A Tob B (new) 94 92% 92% 94% Con Cigars 26*4 Lig & Myr B).. .. ... 61% 60% Lorillard 15% 15% 15% 15% Reynolds Tob... 39% 39% 39% 40 Tob Pr A 9 Tob Pr B 3'/* United Cig ... ... 2 Utilities— Abitibi 4% 4% Adams Exp ... 9% 9 9% 9%. Am For Pwr ... 16% 16% 16% 16% Am Pwr & Li... 22% 22'A 22% 22% AT&T 144% 143% 144% 143% Col Gas & El 23% Com Sou 5% 5% El Pwr & L 1.... 17 16% 17 17y 8 Inti T & T 17% 17% 17% 17y s Gen Gas A 33 Natl Pwr & Li... 18% 18% 18% 18% No Amer Cos ... 44% 43% 44 Pac Gas & El.. .. ... 40% 39% Pub Ser N J ... 69%, 68% 69y 69% So Cal Edison 37% 37% Std G & El 12 United Corp ... 14% 14% 14% 14% Ut Pwr & L A.. 14 13% 13 7 /g 14 West Union .... 75% 75 75 76% Shipping— Am Inti Corp 9% 9% N Y ShiD ... ... 5% United Fruit 33% 33 33 34 Foods— Am Sug 48V2 48% Armour A 1% 1% Beechnut Pkg.. 50% ... 50 % 50% Cal Pkg 12% Can Drv 19% Childs Cos ... 13% 13% Coca Cola 123 Cont Baking (A) 9% Corn Prod 57% 57 57% 56 Cudahv Pke 36% Cuban Am Sugar 2% Gen Foods 40 Grand Union... 11 10% 11 10% Hershev ... ... 87 Jewel Tea 36 35% 36 35% Kroger 22 21% 22 21% Nat. Biscuit ..• ~ 52 51% 51% 52 Pillsburv 28 Purity Bak .... 18% 18% 18% 19 Safeway St 52% Std Brands 16 15% 15% 16 Ward Bkg 3% Drugs— Coty Inc 5 5% Lambert Cos 61 60% 60% 61 Lehn & Fink 24% 24 24 24'% Industrials— Am Radiator.... 9% 9% 9% 9'/ 2 Bush Term 20% 21 Certainteed ... ... 4 Gen Asphalt ... ... 17 Otis Elev 28'A Irdus Chems— Allied Chcm 96% 94% 96 95% Com Solv 12% 12-% 12% 12% Union Carb ... 39% 38% 39% 39% U S Ind Aleo.. 33% 32% 33% 32% Retail Stores— Assoc Dry Gds 13% Gimbel Bros 3% Kresge S S 22% 22 22 22 % May D Store 28% Mont Ward .... 12% 12% 12% 12% Penny J C 35 36 Sears Roe 45% 45 45% 45% Wool worth 54% 53% 54% 53% Amusements— Bruns Balke 5 5% Col Graph •. 5% Eastman Kod ..113 110% 113 112 Fox Film A 7% 7% Grigsby Gru 2% 2% Loews Inc ....... 41% 41 41% 51% Param Fam 16% 15% 16 16V Radio Corp 13% 13% 13% 13% R K O 5% 5% 5% 5% Warner Bros ... 6% 6% 6% 6% Miscellaneous— Airwav App ... ... 2% City Ice & Fu • ... 31% Congoleum 11% 10% 10% 11% Am Can 85% 84% 85% 85% Cont Can 41V 2 Curtiss Wr 2% 2 2% 2% Gillette SR 14% 14% 14% 14% Real Silk 4% 4% 4% 4% Un Aircraft 17% 17% 17% 17% Int Harv 35% 34% 35% 34% J I Case 55 54 55% 54% RAW SUGAR PRICES -Nov.- 10High. Low. Close. January 1,29 1.28 1.29 March 1.32 1.29 1.29 May 1.36 1.33 1.34 July 1.40 1.38 1.39 September 1.44 1.42 1.43 December 1.32 1.30 1.32 Retired Farmer Dies By Times Special BLOOMINGTON, Ind., Nov. 11.— Funeral services were held today for James S. Daniel, 74, retired farmer, who lived three miles west of here. He died Monday of pneumonia.

Marts Closed The Chicago Stock Exchange and the Chicago Board of Trade are closed today in observance of the Armistice day holiday. New York stock exchanges and commodity markets remain open as Armistice day is not a holiday in that state.

THE INDIANAPOLIS TIMES

BETTER TRADE IN ALL LINES IS INDICATED Bumper Crops and Rising! Prices Pave Way for Improvement. By United Press WASHINGTON, Nov. 11.—An im- j proved morale on the part of business leaders, farmers and the public in general was indicated here today in reports received from various parts of the country by government agencies. The agriculture department’s monthly crop report reveals that the American farmer during 1931 raised bountiful crops which, despite the low prices that prevailed, now appear to be furnishing a foundation for an improvement in agriculture and business. Last spring a high administration official expressed the opinion that a season of plentiful erdps would give the farmer a purchasing power even if prices persisted at a low level, with resulting benefits all along the line. Grain prices have strengthened since then, adding millions to the value of crops still held on the farm, and the farmer will go into the winter in better condition than a year ago. A substantial reduction in the winter wheat crop is expected. Price Upturn Important The recent upturn in commodity prices was given as the most important reason for the more generally optimistic outlook for the future. For the most part, however, encouraging signs were reflected in statistical reports for October. But attention was called to the fact that figures were for the entire month and could not fully reflect the change which did not get under way until late in the period. Reports received by President Hoover’s commission on unemployment relief showed conditions still to be spotty, wifti almost all territories finding trade figures below a year ago, and in some cases below the normal seasonal improvement due at this time of the year. Steel showed a slight upturn in many instances, which was regarded as significant. The Pittsburgh district reported an increase in production for the second consecutive week, with about 4,500 men returning to work during the ten days ending Nov. 5. Steel Orders Improving Buffalo likewise noted a slight improvement in its steel mills. Birmingham reported the cast iron pipe industry faces prospects of new orders “far in excess of the usual winter demand.’’ t Retail trade was reported to be lagging, but this was attributed largely to unseasonably warm weather in October. The federal reserve board’s report for department store sales in October showed a decrease of 15 per cent against a year ago and a 10 per cent decrease for the ten-month period from Jan. 1. Observers noted, however, that the decline could be attributed largely to lower retail prices prevailing generally.

New York Curb Market

(Bv Thomson & McKinnon) —Nov. 11— 11:00 U:00 Alum Cos of Am 89 Midwest Ut 11% Am G & Elec.. 50 Mo Kan Pipe... 5% Am Sup Pwr... 6% Newmont Min.. 19% Ark Gas A 3% Nia Hud Pwr... 9 Braz Pwr & Lt. 11% St Regis Paper.. 7% Can Marc .... 1% Std of Ind 22% Cent Sts Elec... 3V 2 Un Gas A 3y g Cities Serv 8% Un Lt & Power. 11% Deere &Cos ... 19 Un Verde 5 Elec Bnd & Sh 21% Ut Pwr B 5% FordvOf Can... 15%lUnited Fndrs.... 3% New York Liberty Bonds —Nov. 10 — 3%s 99.30 Ist 4%s 101.10 4th 4%s 101.14 Treasury 4%s 106.28 Treasury 4s 102.14 Treasury 3%s 100.24 Treasury 3%s of '47 98.22 Treasury 3%s of '43 (March) 98.22 Hunt Escaped Prisoner Indianapolis police today were seeking William Davis, 26, of 1135 West Walnut street, who escaped late Tuesday from the Indiana state farm. He was serving a sentence imposed by Municipal Judge William H. Sheaffer.

HORIZONTAL YESTERDAY’S ANSWER 14 Short for tu--1 Subject of flueim. Eighteenth IMhuTSLi 15 Distinctive rrn. ,n JgiffitL 16r--9 Vein in rock. - „ One who 10 Fragrant red ML R/VRj I NlElglßN A P C , lessens (PI.), flower. AC rbpiOl I [LMBIAMIA M A 19 Senator Wat--11 To wander Rpl f pjA'N TBPA;L.gfcNjjO T son comas about. NOES jJSHSO SfflF ET E from 14 End in the ERA L" R U. S. A.? shape of a tan. P EIT TYHWI Pi 22 Types of 17 Dry. 18 Diurnal. IN'AmAll I ' 24 Augured. 20 Gaelic. IsleW I lALLsI 26 Tiny golf 21 Baseball teams. mound, 23 African ante- .. - . . . n r 27 Edge of a lope- 40 One who frosts. 2 Lyric poem. ; skirt . 24 Aromatic 3 Queer. 29 Falsifiers, resins. AZ £ uto Journey ' 4 Notice. 30 Ate sparingly. 25 Registered for Dresses. . 5 Hod. 31 Not mature, an appoint- 48 ® eds l “ land 6 Electrified 33 Food allowment. particle. ance. 27 Sacred. t 0 a ■' 7 Rnnv 34 Fillets for 28. Re bounded. Series of hair . 30 Dandy. jn e r f l ical , e J ents - ffloselr. 36 Part of a play. 32 Those who Disposition. 11 Important Chi- 3? Bronze and alm 50 Explosions ac- nese territory CO pp er . 35 Showers. companied by causing inter- 39 Large '^s^ 37 Data. a Sl3dden re * national 41 Spanish dollar. 38 Author of the port ‘ argument. 42 Half. Divine VERTICAL 12 Silkworm. 45 To decay. Comedy. 1 Level lands. 13 Angers. 47 Card game. 'prlll p i 6 r p !T" 18 " PjPJIA “(eT V ~'lg| 3~ i® gape 21 BFjg|23 ~ mpr - ~ :#[ ~~ p wl m~ ■ i Wp mmr~' fSfj" zrW g§g3&-“ AO ~ *2 KjP. jjg-jg- P 4 'W ggßlHair p-LJ w i 11 rm 11 ti

Bright Spots of Business

By United Press NEW YORK. Nov. 11.—Business failures during the week ended Nov. 5. totaled 471 against 596 in the preceeding week. Bradstreets reported. RICHMOND. Va.—Southern railwav announced industrial development plans involving expenditure of $282,006 and employment of 773 persons. LOS ANGELES—Southern California Edison Companv. Ltd., reported lighting demand increased 8 per cen; during the vear ended Aug. 31. NEW YORK—New York City board of estimate approved 510.Y00.000 contract with American Car and Foundry Company for 500 subways cars. ST. LOUIS—St. Louis. Can Francisco Railway reported revenue freight loadings during the wek ended Nov. 7. totaled 16.085 cars, against 15.392 cars in the preceding week. MILWAUKEE. Wis.—lnland Steel Company recalled 400 employes at the local plant. TOXOPAH. Nev.—Rise in silver nirces brought reopening of Tonopah extension mine with prospects for resumption of activity at several others. ROCHESTER. N. Y.—Directors of Eastman Kodak today declared an usual extra dividend ot 75 cents a share in addition to regular quarterly dividend of 51.25 on (he common stock. Regular auarterlv preferred dividend of 51.50 also was declared. All dividends are payable Jan. 2. to stock of record Dec. 5. WARNSAfiAiNST SILVERTRADING Speculation Is Scored by Kennecott Director. By Times Special NEW YORK, Nov. 11.—Warning against speculation in silver metal was sounded Tuesday night by S. R. Guggenheim, director of the Kennecott Copper Company, and a brother of Simon Guggenheim, president of the American Smelting and Refining Company, largest dealers in the world in precious metals. Return of the metal to its prewar use, however, was stressed by Guggenheim as essential. He contended that such a revival in its use as a monetary basis would tend to restore trade with India and China. Stabilization of the metal was advocated by Guggenheim, who said that some international body would deal with the subject. “Prior to a conference,” he continued, “much will doubtless be done to stabilize silver. The -ommittee appointed by the international chamber of commerce recently has made a report in which it recommended co-operative action between the American producers, the Indian government and others. This is a wise suggestion, out of which much good might come.”

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% lbs. 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®28c. Butterfat—2Bc. Cheese (wholesale selling price per pound)—American loaf. 23%c; pimento loaf. 25%c; Wisconsin firsts, 19c: Longhorns. 19c: New York limberger. 30c. By United Press . NEW YORK, Nov. 11.—Potatoes—Market, steady; Long Island, 75c©$2 barrel; New Jersey. $1.25® 1.40 basket; Maine, $1.35®1.75 barrel; Maine, $2®2.50 sack. Sweet potatoes—Market, steady; Jersey baskets. [email protected]; southern baskets. 40@ 65c; southern barrels, $1.15®1.35. FlourMarket. dull; spring patents. $4.75®5.10. Pork—Market, steady; mess, $21.50. Lard —Market, firm; middle west spot. .073® io74c. Tallow—Market, steady; special to extra, .03%@.03%c. Dressed poultry Market, steady; turkeys, 15®36c; chickens. 17®33c: fowls. 10®26c; broilers, 17ft30c; ducks. 12®16c; Long Island ducks, 16@18c. Live poultry—Market, steady; geese. 12® 17c; ducks, 10® 21c; fowls. 12ft 22c; turkeys, 20@30c; roosters, 13c; chickens, 14@ 22c; broilers. 23@26c; capons. 22®30c. Cheese —Market, quiet and easy; state whole milk, fancy to special. 13%@18c; young Americas, fresh, 14%@15c. By United Press CLEVELAND. Nov. 11.—Butter, eggs, poultry, no quotations today. Potatoes— Ohio mostly 50c per bushei sack; Maine Green Mountain, [email protected] per 100-lb. sack; Idaho Russet, [email protected] per 100-lb. sack. By United Press CHICAGO. Nov. 11. —Potatoes—On track. 261; arrivals, 82; shipments, 574; market about steady; Wisconsin round whites, 70 ft'Boc; Minnesota and-North Dakota Red River Ohios, 85©95c; Idaho rusests, $1.25 ®1.40. Butter—Eggs, poultry and cheese closed for Armistice day.

WEAKER TREND IN AMUSEMENTS LOWERSSTOCKS Rail Advance Is Exception; Rest of List Sells Down.

Average Stock Prices

Average of thirty industrials for Tuesday 113.98. up 2.81. Average of twenty rails 55.60. up .23. Average of twenty utilities 43.50. off .89. Average of forty bonds 86.45. up .06. BY ELMER C. WALZER United Press Financial Editor NEW YORK, Nov. 11.—Weakness in amusement shares brought irregularity into the stock market today. The market opened irregular, firmed up around the end of the first hour and then turned Irregular. Around noon the majority of prices showed losses of fractions to more than a point, the railroad group being a notable exception to the downtrend. Weakness in the amusement group centered around Radio-Keith-Orpheum, which set a record low at 5, off 74 from the previous close. Earlier this year the issue touched 2474-.' It made its record high in 1928 at 51%. Statement Is Toor Radio-Keith’s recent earnings statement made a very poor showing, and today it was learned the whole capital structure of the corporation would have to be reorganized to meet maturing bank loans and provide additional working capital. Stock of Radio Corporation, which owns a large block of Radio-Keith-Orpheum stock, dropped nearly two points to 11%, which was only 1% points above the low of the year. Other amusements followed. Warner Brothers which today reported a net loss of nearly $8,000,000 for the year ended Aug. 29, sold off nearly a point to 5%. Paramount, another company to report reduced earnings recently, was down fractionally at 15%. Trade Continues Small The heavy selling in the amusements had an unsettling effect on the general industrial list. Trading, however, continued small. Steel common around noon, was at 71%, off 1; Case 54, off %; Westinghouse Electric 4874, off 174; Allied Chemical 94, off 174; American Can 8474, off 1, and General Motors 28%, off 74. Firmness in the rails was a feature. Advance of fractions to more than a point were noted in the majority of issues. Utilities on the other hand reacted to net losses of 1 to 274 points. Oils held quiet and lower. Metal shares dipped.

Bank Clearings

INDIANAPOLIS STATEMENT —Nov. 11Clearings $2,708,000.00 Debits 5,917,000.00 CHICAGO STATEMENT —Nov. 10— Clearings $53,000,000.00 Balances 8.500,000.00 TREASURY STATEMENT —Nov. 11Net balance for Nov. 9 $222,771,119.82 Expenditures 23,835,934.86 Customs rects. month to date 8,076,195.04

Indianapolis Stocks

—Nov. 11Bid. Ask American Cent Life Ins Cos.. 1,025 Belt R R & S Yds Cos com.. 28 33 Belt R R & Yds Cos Pfd 50 55 Bobbs-Merrill Cos 10 Central Ind Power Cos pfd 7% 68 75 Circle Theater Cos com 7%... 85 Citizens Gas Cos com 10% ... 20 Ctizens Gas Cos pfd 5% 95 Commonwealth Ln Cos pfd 7% 97 101 , Commonwealth Loan Cos 8%..101 Hook Drug 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%%.. 95 99 Indpls P Wei Ln Assn cm 8% 50 Indpls Water Cos pfd 5% 101% ... Pub Servos Ind 7% 75 85 Pub Servos Ind 6% 70 Metro Loan Cos 8% 101 No Ind Pub Serv Cos pfd 6% ..85 90 No Ind P Serv Cos pfd 5%%.. 75 8?% No Ind P Serv Cos pfd 7% 95 100 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 32 Real Silk Hosiery Mills. Inc... 3 4 Real Silk Hosiery Mills pfd. 16 20 Standard Oil Cos (Indiana)... 23% 54 Ross Gear 18 20 Natl Title .'. 3% 4 J D Adams Manufacturing Cos.. 13% 15 BONDS Belt R R & Stky Yds Cos 45.... SO Central Ind Pr Cos 6s S5 Citizens Gas Cos 5s 95 100 Ciitzens Street Railroad 55.... 17 Home T & Tof Ft. Wayne 6s 99% . Indpls Power and Light Cos 5s 99 ; 100 Indiana Service 5s 65 67 Ind Railways & Light Cos 55.. .. 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 Vis 94 Interstate Pub Serv Cos 4%s .. 79 8) Interstate Pub Serv 55.... 95 97 Interstate Pub SCo (B) 6%s .. 96 No Ind Pub Serv Cos 95 97 Terre H T & L 5s

In the Cotton Markets

CHICAGO —Nov. 10High. Low. Close. January 6.99 6.77 6 85 March 7.13 6.93 7.01 May 7.33 7.10 7.21 July 7.48 7.28 7.37 December 6.92 6.64 6.77 NEW YORK January 6.89 6.66 6.71 March 7.01 6.82 6.88 Mav 7.21 7.01 7.07 July 7.40 7.19 7.22 October 7.60 7.46 7.47 December 6.77 6.58 6.53 NEW ORLEANS High Low. Close. January 6.86 6.67 6.74 March 7.01 6.82 6.90 May 7.13 7.00 7.08 July 7.36 7.19 7.26 October 7.59 7.41 7.48 December C. 58 6.57 6.65 Building Permits Mary Keyser, repairs, 716-18 East Nineteenth. S3OO. Ed Brenan, reroof, 1438 South Meridian. $250. Union Sign Company, sign, 1013 Indiana, SSOO. Union Sign Company, sign. 1000 E. Six tv-sixth. SsOO. R. Sullivan, dwelling and garage, 5207-i East Washington. $4,700. - Mrs. Mary Pottage, dwelling and garage 902 North Arlington. $4,200. H. S. Carpenter, dwelling and garage 5885 Winthrop. $7.000. In the Air Weather conditions at 9 a. m.: Southwest wind, 11 miles an hour; temperature, 58; barometric pres sure, 30.17 at sea level; ceiling, overcast, light fog, misting, 300 feet; visibility, 1 mile; field, wet.

Dow-Jones Summary

Tide Water Oil Company and subsidiaries in quarter ended Sept. 30. net profit $1,253,175 after charges and depreciation, etc., against $2,290,887 In 1930 quarter. Nine months’ net profit *175.710. against *7.886.522 In 1930 period. Sugar melt of fourteen United States refiners from Jan. 1 to Oct. 81. totaled 3.660,060 long tons, against 4,055.060 in like 1930 period. Deliveries to tale . . 3,450,060. against 3.850,600. New York cables opened In London at 3.79. against 3.82; Paris, checks. 96.50; Amsterdam. 9.375; Italy. 73.25. and Berlin. 16.00. Miller and Hart declared a quarterly ■ dividend of 40 cents on preference stock, payable Jan. 1. of record Dec. 15. Associated Oil Company in nine months ended Sept. 30 earned 81 cents a share, j against *2.01 in like 1930 period. September quarter earned 32 cents a share, against 58 cents in third quarter of 1930. Pittsburgh Screw and Bolt Corporation in nine months ended Sept. 30. net loss *208,354 after taxes, depreciation, interest, etc., against net profit of *1,436,690. equal to 96 cents a share on 1.500.000 shares in first nine months Os 1930. Motor Wheel Corporation declared a dividend of 12% cents on common stock. Three months ago dividend of 25 cents j was piad. Nine months ended Sept. 30. including subsidiaries, net loss amounted to *37,707 after charges and taxes, against net profit of $1,032,024, or $1.21 a share on 856.000 shares in like 1930 period. September quarter net loss *248.838. against net profit of $51,417. or 6 cents a share in third quarter ot 1939. Solvav American Investment Corporation in six months ended Sept. 30. profit sl.347,717 after expenses, taxes and Interest, but before federal taxes, against $1,803,462 in six months ended Sept. 30, 1930. Warner Brothers Pictures year ended Aug. 29. net loss $7,918,605 after all charges and special write-down of inventories. against net profit of $7,074,621 in preceding fiscal year, equal after preferred dividends to $2.21 on 3,015,541 shares of common stock. Car loadings for week ended Oct. 31, totaled 740.393 cars, a decrease of 20,910 from preceding week and 194,352 from like 1930 week. Canadian Pacific first week of November gross amounted to $3,468,000, against 53,565.000 in same week of 1930. From Jan. 1 to Nov 7. gross amounted to $122.869,000, against $156,819,000. MORE CANADIAN GRAINON RAILS Marketings in 1931 Double Those of 1930. Bu Times Special WINNIPEG, Manitoba, Nov. 11.— Figures covering the marketing and loading of grain during the month of October along the lines of the Canadian National railways on the prairies show a decided increase over those of the previous two years, according to a report issued by the company. Marketings for October, 1931, totaled 43,242,000 bushels, as compared with 20,054,000 bushels in October, 1930, and 22,967,000 bushels in October, 1929. Loadings since Oct. 1 this year have reached 29,812,000 bushels in 20,841 cars as compared with 15,327,000 bushels In 11,355 cars last year and 14,344,000 bushels in 10,620 cars in 1929. On Oct. 30, 1931, there were 33,689,000 bushels in store in country elevators on Canadian National railways compared with 23,435,000 bushels at the corresponding time last year. A total of 52,799,000 bushels of grain were in store at all elevators at the head of the Great Lakes. Vancouver elevators contain 12,524,000 bushels. Shipments to Vancouver since Aug. 1, 1931, total 3,520 cars.

Net Changes

By United Press NEW YORK, Nov. 10.—Closing prices and net changes on principal stocks traded tdday on the New York Stock Exchange follow: Up. Off. American Can 85% ... 1 American and For Pwr ... 16% ... % American Smelting 34% ... 1% American Telephone 143% ... J % Anaconda ,}7% 1/4 Atcniscn Jl9 % % ... Bethlehem Steel 31% ... 1% Case 54% ... % Chrysler -••••• 17% ... % Consolidated Gas ex-divi... 76% ... % Electric Power ex-rights 17% ... % General Electric 33% ... 1 General Motors 28% ... 1 International Nickel 11% ... 1 International Telephone ... 17% ... 1% Loews Inc 41% ... 1% Montgomery Ward 15% ... % N Y Central 54 ... % North American 44% ... 1% Paramount 16% ... % Pennsylvania 33% ... % Public Service 69% ... % Radio unchanged 13% Radio-Keith 5% ... % Sears Roebuck 45% ... 1% Stand Oil N J 36'A ... % Transamerica 4% ... % Union Carbide 39% ... 1 United Corp 14% ... % U S Steel 72% ... % Vanadium unchanged 22 Westinghouse El 49% ... 1%

New York Bank Sttocks

(Bv Thomson & McKinnon) —Nov. 10Bid. Ask. America 42 44 Bankers 77% 7?% | Brooklyn Trust 265 275 Central Hanover 186 190 i Chase National 52*% 54% ; Chatham Phoenix Natl .... 33 35 Chemical 37% 39% 1 City National 65% 67% Con Exchange 86 89 Commercial 195 203 Continental 19% 21% Empire 35 First National 2,475 2,575 ! Guaranty 360 385 i Irving 24 % 25 % | Manhatten & Company 49% 51 >4 ! Manufacturers 41% 43% i New York Trust 112 115 i Public 29 31 NEW YORK COFFEE RANGE —Nov. 10— High. Low. Close. March 5.63 5.47 5.47 Mav 5.74 5 58 5.58 July 5.83 5.68 5.68 September 5.90 5.78 5.78 | December 5 40 5.25 5.25

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PAGE 13

RESOURCES OF NATIONAL BANK ARE INCREASED Fletcher American Capital Structure Now Largest in State. Additional capital of $1,560,000 has been voted by directors of the Fletcher American National bank, it was announced today. Os this total $1,1:00,000 will be added to the resources of the bank and $360,000 to the Fletcher American Company. With this addded money the bank s capitalization will total more than $5,600,000, consisting of $3,600,000 of capital stock and more than $2,000,000 suprlus, undivided profits and reserves, thus making for the largest capital structure of any bank in the state, according to the directors. The entire sum already has been subscribed by the large stockholders and the right of other stockholders to participate in proportion to their holdings of stock has been preserved. Provision has been made to charge off all losses due to busniess depression and shrinkage in value of securities, according to the present day standards of valuations. The charged-off items will remain the property of the bank, and it is known by officers that there will be substantial recoveries on these. Commenting on the step, Elmer W. Stout, president of the bank, declared : I am happv to announce that the recommendation which I made to our directors to provide additional cash resources for our institutions has been acted upon favorably by a unanimous vote. A representative of the controller has approved our action and the owners ot more than two-thirds of our stock have given assent, which assures formal approval at the stockholders' meeting to be held for that purpose. New money in the form of caqjfal amounting to $1,200.000 for the bank and $360,000 for the company has been provided. This entire sum has been subscribed bv large stockholders who recognize the value of this investment, though, of course. the privilege has been reserved to every stockholder to exercise his right to subscribe for his respective proportionate amount. With this additional Investment the bank will have capital, surplus, undivided profits and reserves in excess of $5,600,000. of which amount $3,600,000 will be capital and an amount in excess of $2,000,000 will represent surplus, undivided profits and reserves, after the charge-off of all losses. Such losses Include everv Item on our books that has been so classified according to present-day standards of valuation, thoueh the charged-off items will still remain the property of the bank and from them there will be substantial recoveries. These charge-offs result largely from the depression and shrinkage in value of securities, and the practice of making such reduction is being followed bv leading financial intsitutions throughtout the country. We want our customers and friends to know our exact condition at all times so that we mav continue to enjoy their confidence to the same extent that we have in the past. The rapid erowth of our bank in deposits and profits abundantly proves that we have this confidence. It is self-evident that the Fletcher American National bank has among its directors and stockholders men who have the financial strength and vision to take whatever steps are warranted to meet pres-ent-dav conditions. The deposits of this institution have approximately doubled during the past ten years, and during the same time there has been a corresponding increase of capital investment. R. K. 0. OUTLINES NEW REORGANIZATION PLAN Financing Project Made Necessary by Business Slump. By United Press NEW YORK, Nov. 11.—The entire capital structure of Radio-Keith-Orpheum Corporation, one of the country’s largest amusement enterprises, is to be reorganized to meet maturing bank loans and provide additional working capital, it was learned today. New financing to the amount of $11,600,000, made necessary by the decline in the amusement business, will be undertaken, it was learned, and a special meeting of stockholders will be held Dec. 10 to vote on a reorganization plan. This plan calls for cancellation of the Class B shares of the corporation, all of which are held by the Radio Corporation of America, which will receive new shares, all of one class. Present common stock will be reduced by 75 per cent and will be replaced by new shares, which will be issued to all stockholders who subscribe to an issue of debentures.

Investment Trust Shares

(Bv Gibson & Bernard) PRICES ARE TO 12 NOON C. S. T. —Nov. 11— Am Founders Corn com ... Am & Gen Sec A 5 Am Inv Tr shares 3% "3%. Basic Industr- shares 3% Collateral Trustee shares A.. 5% 6 Cumulative Trust shares 4% 5% Diversified Trustee shares A.. 10% .. Fixed Trust Oil shares 3% Fixed Trust shares A 9% ", Fundamental Trust shares A.. 4% 5% Fundamental Trust shares 8... SV B 5% Leaders of Industry A 4% Low Priced shares 4% "534 Nation Wide Securities 4% 4% National Industries shares.. 3% 4% North Americt n Trust shares. 3% Selected American shares.... 3% 3% Selected Cumulative shares 8% *34 Selected Income shares 4% 5% Shawmut Bank Inv Trust... 3 5 Std Am Trust Shares 4% 5 Super Corn of Am Trust shares 4% 4% Trustee Std Oil A 4% Trvstee Std Oil B 4% "5% Uuified Service Trust shares A 3% 4 U S Elec Light & Power A.. 21% 23% Universal Trust shares 3% 4%

Local Wagon Wheat

City grain elevators are paying 53c for No. 2 red wheat and 53c for No. 2 hard wheat.

Specialists la Unlisted Securities Edw. W. Zaiser Securities Corporation 414 Continents! Bank Bid*. Riley 4043

Zaiser & Zaiser Brokers Unlisted Securities 129 E. Market LL 9375 RL 2167

Branches All Over Town jfletther ®rast I # Company J

ALTERATION SP£CIYLInTS_\VE REPAIR . RELIVE, REFIT I POM ta,i °ring , (OMPVNV 131 East New York Street }