Indianapolis Times, Volume 43, Number 164, Indianapolis, Marion County, 18 November 1931 — Page 15

NOV. 18, 1931

STOCK SHARES SLIP DOWN IN QUIET SESSION Gold Mining Shares Alone Able to Hold Own in Early Selling.

Average Stock Prices

.thirtv Industrials for Tuesday la , UD 1.40. Average of twenty rails ?*; 21’ un l®. Average of t wenty utilities . UD -35. Average of lortv bonds 85.05. oft .27. BY ELMER C. WALZER United Press Flnanrlal Editor NEW YORK, Nov. 18.—The stock market quietly slipped back to new lows on the downward movement ■which has only been interrupted once—Tuesday—in seven sessions. Around noon the list was down fractions to more than 4 points with gold mining shares alone able to move against the trend. In the latter category, Homestake Mining shot up nearly 5 points to 132, within a fraction of its record high and Alaska Juneau was up a point at 17. Railroad issues resumed their decline after a brief period of steadiness while United States Steel led a drop in the Industrials. Steel was driven down to 66'4 off 214 points from the previous close and within 4 points of its bear market low. Many Lows Made American Can shot down to 77 1 ?, off 2Vi; Eastman Kodak 102',, off 4‘i; Alied Chemical 85' 2 , off 2Vi; Case 45'2, off TVs; General Motors 27, off 1, and Auburn Auto 12214, off 2Vi. Union Pacific dropped 3 points below the previous close to 95, anew now for nearly thirty years. New York Central dipped to 39%, off %; Atchison 107, off 3; Chesapeake & Ohio 31 Vi; off %, and Central Railroad of New Jersey 95, off 9. American Telephone dropped to 135%, off 214, and Consolidated Gas 72, off 1%. Public Service was 64%, off 1%, despite its report of record earnings for the twelve months ended Oct. 31. Coppers Under pressure Copper shares continued under pressure on temporary failure of the conferences on production curtailment. The two Belgian representatives sailed at midnight Tuesday night, thus ending the meetings. Some observers, however, felt that the conferences would be resumed with further participations by the Belgians later. American Smelting was the weak spot in the copper group, dropping 3% to 26. Grain markets declined with wheat off 1 to 2 cents a bushel. The Liverpool market had given a signal for the decline before the opening at Chicago,

Bank Clearings

INDIANAPOLIS STATEMENT —Nov, 17Clearings $2,606,000.00 Debits 8,535,000.00 CHICAGO STATEMENT —Nov. 17— Clearings *54.500.000.00 Balances 3.200,000.00 TREASURY STATEMENT —Nov. 17Net, balance for Nov, 14 $185,114,327.63 Expenditures 9,155.147.85 Customs rects. month to date 13.396,284.94

New York Bank Stocks

(By Thomson and McKinnon) —Nov 17Bid. Ask. America 39 41 Bankers 75 77 Brooklyn Trust 258 268 CenSral Hanover 172 176 Chase National 50% 52% Chatham Phoenix Natl .... 30 32 City National 62% 64% Chemical 37 39 City National 62% 64% Corn Exchange 85% 88 Va Commercial 181 189 Continental 19% 21% Empire 31% 33% First National 2,390 2.490 Guaranty 351 356 Irving 23% 24% Manhatten it Company .. 47% 46% Manufacturers 40% 42% New York Trust 108% 111% Public 26% 28%

Indianapolis Stocks

—Nov. 18— Sid. Ask American Cent Life Ins C0..1,025 .. * Belt R R <fc S Yds Cos com.. 28 33 Belt R R & Yds Cos pfd 50 55 Bobbs-Merrill Cos ...10 Central Ind Power Cos pfd 7% 69 79 Circle Theater Cos com 7% ... 91 Citizens Gas Cos com 10% 22 Citizens Gas Cos pfd 5% 96% 100 Commonwealth Ln Cos pfd 70* 97 101 Commonwealth Loan Cos 8%..101 Hook Drug com 9 Indiana Hotel Cos Claypool.., 110 Tnd Hotel Cos pfd 6% 100% ... Indpls Gas com 6% 55 60 Indpls Pwr Lt Cos pfd 6%%.. 95 100 Indpls P Wei Ln Assn cm 80* 50% Indpls Water Cos pfd 50'* 100% 103 Pub Servos Ind 7% 76 83 Pub Servos Ind 6% 55 65 Metro Loan Cos No Ind Pub Serv Cos Pfd 6%.. 83 93 No Ind P Serv Cos pfd 5%%.. 72% 82% No Ind P Serv Cos nfd 7%.., 76 80 Progress 16% ... E Rauh * S Pert. 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.. 51 Van Camp Prod Cos 2d pfd 8% . . 95 Backstay Welt Cos com 14 Ind Pipe Line Cos 8 * Link Belt com 19 21 Lynch Glass Machine Cos com 13% 15% Noblitt Sparks Industrials Inc 18 19 Perfect Circle Cos com .... 30 32 Real Silk Hosiery Mils 1nc..,, 4 5 Real Silk Hosiery Mills pfd.. 16 20 Standard Oil Cos (Indiana' ... 20% 21% Ross Gear 18 20 Nstl Title 3% 4 J D Adams Manufacturing Cos.. 13 IS BONDS Beit R R & Stkv Yds Cos 4s 90 Central Ind Pr Cos 8s Citizens Gas Cos 5s .......... 95 100 Citizens Street Rnllrood 55... 19 Home T it Tof Ft. Wayne 6s 99% ... Indpls Power and Light Cos 5s 99 101 Indiana Service 6s ....... 65 67 Ind Railway A Light Cos 55... 85 Indpls Gas Cos 5s 95 100 Indpls Street Rys 4s ...... 10 ... Indpls Trac Terminal Cos 55.. 46 51 Indols Water Cos Indnls Water Cos 5%s *4 100 104 Indols Union 5s *.**•• Indpls Wa Cos Ist lien ref 65.. 90 Indpls Water Cos 4%s ......... 95 100 Interstate Pub Serv Cos 4%.. 80 81 Interstate Pub Serv 55.... ... 95 97 Interstate Pub S Cos (B) 6%s .. 96 ... No Ind Pub Serv Cos 9$ 96 Terre H T St L 5s 10 Shares No. Ind P Serv Cos pfd 6% at 77 PANTAGES TO TESTIFY Millionaire Theater Man Due on Stand to Repute Dancer’s Charge. By United Press LOS ANGELES, Nov. 18.—Alexander Pantages, millionaire theater man, was expected to testify in his own defense today as the show man’s second trial on a charge of attacking Eunice Pringle, dancer, continued. Nicholas Dunaev. 40. former manager of the dancer, also was to be called. Fifteen other witnesses have been subpenaed. The defense hopes to strengthen Its contention that Dunaev directed a plot to force Pantages to book Miss Pringle’s act. _

New York Stocks —■~ 1 B Thomson Ac McKinnon 1 ——— —

—Nov. IS— Railroads— Prev. 1 High. Lo*. 1100 close. Atchison UO 3 . 108 108 110 Bait it 0h.0... 32% 32 .12% .I*% Chesa <Sr Ohio.. 32 31V# 31% 32 Chess Corn 24*1 24% 34% 24% Chi N West. .. 13% 12’, 13 13% CRI4P 19 Del Lft W 36% 38 Del & Hudson 92 ?2% Erie 13 Great Northern. 35% Illinois Central J* *■ Kan Cl tv 80... . . . .. 12% Lou it Nash.... 31 30s 3i 31 M K it T 8% Mo Pacific •• ••• I*'* N Y Central .. 41% 39 , 4040% NYNH it H 31% 32 Nor Pacific 22 % Norfolk & West.. , - I*2,* Pennsylvania 30 29% 29% 23 a Reading 52 % ••• Seaboard Air L. .. A So Pacific .... 44% 43 43% 44* Southern *2 St Paul ofd 5% 6 * 2* a* T JL* R F ... 8/2 * Union Pacific 7.. 100 97% 97% 98 Wabash 6/ * 4 W Marvland 0 Equipment*— ~,, Am ar it Fdv 13% 12% Am locomotive ‘ - Am Steel Fd... ? * > Am Air Brake S .. ■■■ ‘U, •• Oeneral Elec . 30 29% 29% 30 Gen Rv Signal ~, * Lima Loco *”'• jly Pullman*... ?5, A Westingh Ar 8.. .. if* 1 Westingh Elec.. 39% 38 <# 39 39 Robbers— Goodrich , Godvear .%/. Aiiburn"* ... 128 124% 124% 125 Chrysler ...... 17 16% 16% 17 Va Graham Paige,. 3% 33% 3 General Motors. 27 s 27 a 27/ 28 Hudson ‘22? Sack ::::::::: :: i Packard 5 * 5 * 5 2 RftO aejj Studebaker .... • • • •; Yellow Truck 5Vi 5 5 3 * Motor Access — Borg Warner Briggs 43* El Storage B. . 3 }.£* ••• Houda j, • s,* Stewart Warner 7% % 7 ‘ .‘ 2 Timkin Roll . 24 23 23 24 2 Mining— , v . Am Metals .... 7 % 7 * 7 * -? v Am Smelt. . ■ ••, Anaconda Con 15% 15 15 j It a Cal ft. Hec.la .... • • • , 4 , .2 8 CSerro de Pasco 17% 17% 17/j 19 Freeport Texas.. .. 20 a 2 j)% Granbv Corn .. 9% 8 < •< .S % Great Nor Ore l fi Int Nickel 10 % 9% 10% Inspiration ... 5 4/a 5 Kennecot, Cop.. 14% 14% 14va 16 Magma Cop .•• ••• Miami Copper .. .. ... Nev Cons 6% 6% 6% 6/ Texas Gltl Sul 28% 28/2 U S Smelt ••• 20% 21 Oils— Amerada fi,, Atl Refining ■ 13; 1 3 ,* Barnsdall 7% ' 7 " ‘ * Houston 3 * Ohio Oil 8% 8% Mex Seaboard 8% a s Mid Conti . 7Va Phillips 7V 7% 7V# 7 Pr Oil it Gas 1% Pure Oil .■• ••• 6% Roval Dutch.... 17% 17% 17% 18% Shell Un 4Vb 5 Simms 6% Sinclair • • • ‘V* ‘ /a Skcllv ••• 4% ... Standard of Cal 34 33% 33% 33% Standard of N J 34% 34;>s 34% 34'% Soc Vac 14Vs 13% 14 14 Texas Cos 19% 19 19% 19% Union Oil 16% 16% 16% 16 a Steels— Am Roll Mills .... .. 13 3 /a 13% Bethlehem 29 28% 29 29 /a Byers A M 181* 18% 18% 18% Colo Fuel ... ... 11 V* Cruc Steel ... 30 Ludlum * Midland ... 10 10 Repub I it 8 ... 8 7 /a 8% 8% 8% U S Steel 67% 66*, 67% 68% Vanadium 19% 19'% 19'/2 19% Youngst S St T 25% Tobaccos— Am To (A newl. 87% 8385 1 /., 86' 2 Am To (B newl. 88% 87% 87% 89% Llg it Myers 8.. 56% 56% 56% 57% Lorillard 14 T /a 14'% 14V 14% Tob Pr (Al 8% Reynolds Tob .. 39% 39 39 39 Tob Pr (BI ... 4% 4% Utilities— Abitibl , 3*4 Adams Exp .... 8 75# 7% 8 Am For Pwr... 14% 14 14 14V* Am Pwr &Ll. . .. 19 19% A T it T 137% 136% 137% 138 Col Gas Ac El 22 21 Vi 22 22% Com & Sou 5% 5% 5% 5% El Pwr it Li... 15% 15 15% 15% Gen Gas (A) 2% 2% Inti Tit T 16% 15% 15% 18% Natl Pwr Ac Li 16% 16% No Amer Cos ... 39% 38% 39% 39% Pac Gas Ac El.. .. ... 38% 38% Pub Serv N J.. 66% 65% 65% 66 So Cal Edison 36 Std GAc El 38% 38% United Corp 12% 12 12V* 12% Ut Pwr Ac L A.. 13% 13Vi 13% 13% West Union 61% 61 61'/a 62 Shipping— Am Inti Corp 8% 8% United Fruit 31 Vi 31 31 31 % Foods— Am Sugar 49 49 Armour A ...... .. ... 1% 1% Beechnut Pkg ... ... 47 Cal Pkg 11 11% Can Dry ... 19 18% Childs Cos 11% Coca Cola 120% 120 120 120% Cont Baking A 7% 7% Corn Prod 52% 52% 52% 52'4 Cudahy Pkg ...... ... ... 35 Cuban Am Sug 2% Gen Foods 37% 37% 37% 37% Grand Union 10% Jewel Tea 37% 37 Kroger 13% Nat Biscuit 48% 48% 48% 48% Pillsburv 25 % Purity Bak 18 17% Safeway St 51% Std Brands .... 15% 15% 15% 15% Ward Bkg 3% Drugs— Coty Inc 5% 5% 5% 5% Lambert Cos .... ... 59 59 Industrials— Am Radiator 9% 9% Bush Term 18% Certainteed 4 Gen Asphalt .. 16 15% 15% 15% Otis Elev 26% 26Vs 26% 26% Indus Chems— Allied Chem ... 87% 86% 87% 87% Com Solv 11% 11% 11% 11% Union Carb 37% 36% 37 37% U S Ind Alco ... 34% 33% 34% 34 Retail Stores— Assoc Dry Gds.. .. ... ... 12 Gimbel Bros 3% 3% 3% 3%

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Kresge S S .... 21 Vi 21% 21 % 21% May D Store . ... ... 25 Mont Ward 11% 11% 11% 12 Penny J C 34 Schulte Ret 8t 4 Se*r* Roe 42% 42% 42% 43 Woolworth ... 51% 51% Sl*# 52% Amusements— Col Graph 5% Croslev Radio ~ 4 Eastman Kod 107% 104 105 107 Fox Film (At 7% 7% Grigsby Gru. .. .. ... 2 2 Loews Ir.c 39% 39 39% 39% Param Fam 14% 14% 14% 14% Radio Corn . ... 9% 9% 9% 9% RKO 3% ?% 33 Warner Bros .... ... ... 5 Miscellaneous— Airway App , o% Congoleum 10% 10% Am Can 80 79 79% 80 Cent Can 37% 37% 37% 37% Curtiss Wr ... 2 2 Gillette S R .... 15% 15 15 15% Real Silk 4% 4 4 4% F n . Aircraft 16% 16% 16% 16% T nt r ?. arv 33 32 32% 33% J 1 Case 46% 45% 46% 46%

Dow-Jones Summary

r/.£?u? nal T V an , Bit Company declared the navih£ 2£? rt ?J Iy dividend of 25 cents, payable Dec 15. of record Nov. 30. ladings in week ended Nov. 7 totaled 717.029 cars, a decrease of 23 334 wee™ m e ? 930 nK W6Pk and 164 488 from Mahoning Ccal Railroad Company ouarter ended Sept. 30. net income 8325,832 after taxes and charges, against $509,515 iin September ouarter of 1930. Ninth months’ net income $796,801. against $1,265,780. North American Edison Company In twelve months ended Sept. 30. net profit amounted to $15,276,495 after preferred dividends of subsidiaries and other charges, against $18,585,947 in like period of 1930. North Central Oil Company quarter ended Sept. 30. net loss 38.098 after taxes, depletion, property write-offs. etc., against net profit, of $63,414 in third quarter of 1930. Nine months' npt, loss $2,482. against net^ profit of $160,243 in first nine months Vortex Cup Company declared the regular ouarterly dividend of 50 cents on common and 62% rents on class A, both payable Jan. 2, of record Dec. 15. New York cables opened in London at 3.7725, against 3.78%; Paris. cheeks, 96.312; Amsterdam. 9.4062; Italy, 73.25, and Berlin. 15.875. Anaconda Wire and Cable Company quarter ended Sept. 30. net loss $50,061 after charges, depreciation and taxes, against net profit of $8,701 in 1930 quarter. Nine months’ net profit $229,632 against $200,428 in 1930 period. Public Service Corporation of New Jersey declared the regular quarterly dividend of 85 cents on common stock, payable Dec. 31. of record Dec. 1. Stocks of gasoline held by refiners in week ended Nov. 14. totaled 31,891,000 barrels, a decrease of 180.000 from preceding week. Crude oil production in week of Nov. 14. averaged 2,464,050 barrels daily, an increase of 7.250 barrels. International Hydro Electric system and subsidiaries in twelve months ended Sept. 30, net income $2,995,6*5 after interest, depreciation, federal taxes, subsidiary ri v „, . minority interest, etc., against $3,811,758 in 1930 period. September quarter net income $176,298, against $477,195 in September. 1930, quarter. Paraffin Companies. Inc., declared a dividend of 75 cents a share for the quarter, payable Dec. 28. of record Dec. 17. Oscar Mayer declared the regular quarterly dividends of $1.75 on first preferred and $2 on second peferred stock, payable Dec. 1, of record Nov. 23. International Reinsurance Corporation declared a regular dividend of 50 cents on capital stock, payable Jan. 1, of record Dec. 15. Alfred Decker Ar Cohn declared the regular quarterly dividend of $1.75 on preferred stock, payable Dec. 1, of record Nov. 23. R. G. DUN APPOINTS NEW LOCAL MANAGER Edwin Manouge Succeeds Kebler, Here Since 1892. The mercantile agency of R. G. Dun & Cos. announces the appointment of Edwin Manouge as the manager of their Indianapolis office, succeeding Joseph A. Kebler, who elected to retire from the active management. Kebler held the position of local manager since 1892, is well known in trade and financial circles and will continue with the local office in an advisory capacity. Manouge was originally with the Cincinnati office of R. G. Dun & Cos., coming to Indianapolis in 1914 as assistant manager, in charge of sales. Chicago Stocks Opening (Bv James T. Hamill & Cos.) —Nov. 18— Bendlx Avia.... 20%ilnsull com 12 Borg Warner... 13%:Kalamazoo Stove 9'% Cent So Wst.... 9% Mo Kan Pi Lne. 2 Cent Pub Serv A 3% Middle West ... 10% Cord Corp 8% Sbd Utilities ... 2 Comm Edison ..144%;swift At Cos 23 Chgo Sec s%,Walgreen Strs .. 13% Gt Lks Arcft... 2 I

THE INDIANAPOLIS TIMES

PORKERS SHOW FIRMER TREND i AT CITY YARDS Gains of 10 to 15 Cents Spread Throughout All Classes. Hogs reversed their recent weak trend this morning at the city yards and moved up 10 to 15 cents on all classes. The bulk, 160 to 300 pounds, sold for $4.70 to $4.85. Two outstanding loads made a top price of ; $5. Receipts were estimated at j 4,000; holdovers were 194. A slow movement prevailed in all cattle classes where quality was unattractive. Receipts were 500. Vealers were steady at $7.50 down. Calf receipts numbered 400. Sheep were strong, good and choice lambs selling at around $6. Early top w’as $6.25. Chicago hog receipts were 28,000. including 9.000 direct. Holdovers were 7,000. The market held steady | on most early bids and sales prices ruling strong at Tuesday’s average; l few light weights at 5 to 10 cents j higher. Choice 180-pound kinds sold at $4.60 to $4.65; 240 pounds, $4.50 to $4.60. Cattle receipts were 10,000; calves, 2,000; market steady. Sheep, 20,000; steady. HOG* Nov. Bulk. Earlv Top Recelp’s. ! 11. $5.1047 5.20 $5.20 5.000 ' 12 5.03® 5.10 5.10 7 000 13. 5.0041! 5 15 5.15 4.000 1 14. 5.00® 5.15 5 15 3.000 j 16. 4.75® 4.90 5.00 7.000 ! 17. 4.60® 4.75 4.75 7.000 | 18. 4.70® 4.85 5.00 4.000 j Receipts. 4,000; market, hitrher. 1140-160) Good and choice $ 4.75 —Light Lights—-(l6o-180) Good and choice.... 4.85 —Light Weights—-(lßo-200) Good adn choice... 4.85® 5.00 (200-220) Medium and g00d... 4.80 —Medium weights—--220-250) Good and choice 4.75@ 4.80 (250-290) Medium and g00d... 4.70 —Heavy Weights—-(29o-350) Good and choice.... 4.60® 4.70 (350-500) Medium and g00d... 3 75@ 4.50 100-1301 Slaughter pigs 4.75 CATTLE (Slaughter Class) Receipts, 500: market, steady. —Steers— Good and choice $ B.oo® 11.00 I Common and medium 4.50® 8.00 I (1.100-1.5001 Good and choice 8.25®11.25 i Common and medium 6.00® 8.25 | —Heifers—-(soo-850) Good and choice fi.50®9.25 j Common and medium 3.50®6.50 I —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, 400; market, steady, —Vealers— Good and choice $ 7.00® 7.50 Medium 5.00® 7.00 Cull and common 3.00® 5.00 Calves— Good and choice 5.00® 7.00 Common and medium 3.00® 5.00 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. 700; market, steady. Good and choice $ 5.75® 6.25 Common and medium 3.00® 5.75 Ewes, medium and choice ... 1.25® 2.50 Cull and common 50® 1.25 Other Livestock Bn United Press CHICAGO. Nov. 18.—Hogs—Receipts, 28,000, including 9.000 direct; active, steady to 10c higher than Tuesday’s average: 170-280 lbs.. $4.50® 4.60; top. 54.55; 140-160 lbs., $4.40®4.60: pigs, $4®4.35; packing sows mostly $4®.4.15; smooth sorts to $4.30; light lights, 140-160 lbs., good and choice. $4.40® 4.60; lightweights, 160-200 lbs., good and choice, $4.50®4.65; medium weights. 200-250 lbs., good and choice. [email protected]: heavyweights. 250-350 lbs., good and choice, $4.40® 4.65; packing sows, 275-500 lbs., medium and good, $3.90® 4.30; slaughter pigs. 100-130 lbs., good and choice, [email protected]. Cattle—Receipts, 10,000; calves, 2,000: active market on few loads strictly good and choice steers going on shipper account; these as well as most offerings selling from $10.50 upward strong to 25c higher; others slow, but undertone steady to strong; low cutter and cutter cows and common and medium butcher heifers, firm to higher; she stock supply being short, largely steer run. $12.75 paid for weighty bullocks; $12.25 long yearlings; slaughter cattle and vealers: Steers, 600900 lbs., good and choice, [email protected]; 9001,100 lbs., good and choice. $7.75®12.25; 1,100-1,300 lbs., good and choice. sß® 12.75; 1.300-1,500 lbs., good and choice. sß® 12.75; 600-1.300 lbs., common and medium, s4®B: heifers, 550-850 lbs., good and choice. $6(25 @10.25; common and medium. [email protected]; cows, good and choice, [email protected]; common and medium, [email protected]; low cutter and cutter cows, [email protected]: bulls (yearlings excluded), good and choice (beefi, [email protected]; cutter to medium, $2.50®4.15; vealers. milk fed. good and choice." ss® 6.50; medium, s4@s; cull and common, $3 @4: Stocker and feeder cattle: Steers, 5001,050 lbs., good and choice, $5.25®7.25; common and medium. $3.50®5.25. Sheep —Receipts, 20,000; killing classes mostly steady with week’s sharp decline; feeders steady to shade higher; desirable lambs, $5.25® 5.75 to packers: closely sorted kinds, $6®6.10 to outsiders; some held higher; choice feeders, $4.85: slaughter sheep and lambs: Lambs, 90 lbs. down, good and choice, [email protected]; medium. $4.25®>5; all weights common. [email protected]; ewes. 90-150 lbs., medium to choice. $1.25® 2.75; all weights, cull and common, $1®1.75: feeding lambs, 50-75 lbs., good and choice. $4.50@5. Bn United Press EAST BUFFALO. N. Y.. Nov. 18.—Hogs— Receipts. 3,100; weights below 220 lbs., fairlv active to packers; generally steady; weightier kinds slow; scattered sales, 10® 15c lower; bulk desirable, 150-220 lbs.' $5.15; few. $5.10: 220-2*o lbs.. $5; some held higher; pigs and underweights, ss® 5.15. Cattle—Receipts, 250: grassers slow: common and medium, $5.-7 5.75; few short feds, $7®8.25: cutter ccws, $1.75®;8. Calves —Receipts, 175: vealers draggy; barely steady good to choice. $8: to mostly $8.50; common and medium, $5 50® 7. Sheep— Receipts. 600: lambs unchanged* good to choice. $6.50; medium kinds and strongweight around $1 lower at* $5.75; throwduts, $5. By United Press ■> jS?4CINNATI, Nov. 18.—Hogs— Receipts, 3,000: held over, 270; somewhat slow generally steady: spots 25c. lower on fight lights: better grade. 130 to around 240lb. averages mostly $5; 240-275 lbs., $4 75 @4.90: 300 lbs. downward to $4.50; some bids. $4.25; sows. $3.75 to mostlv $4. Cattle receipts. 475: calves 250; slow, generally steady; odd lots, common and medium steers and heifers. [email protected]: a few better finished yearlings up to $7.75: most beef cows, low cutters and cutter cows. s2®3; bulls, $4 down; vealers strong to 50c higher after steady opening: good and choice. s7®B: lower grades, $6.50 down. Sheep-—Receipts. 500; lambs slow, weak to 25c lower; quality not very desirable; better grade ewe and wether lambs mostly $5.75: a few $6; common and medium. $3.50@5: sheep steady; fat ewes. $1.50, and downward. By United Press „JO L . ED 9' N ? v - 18 - —Hogs—Receipts. 300; ,„ et - sl 9 w to 10c higher; heavies. $4.’5 @4.50; mediums. [email protected]; Yorkers. $4.50 ®4.70: pies $4.50®4.75. Cattle—Receipts. 600: market, steady. Calves—Receipts, ight: market, slow. Sheep—Receipts, light: market, slow. ! By United Press -, F ,T- WAYNE. Nov 18.—Hogs— Receipts. 5® 15c higher: 100-120 lbs.. $4.35; 120-140 *tnn : o !: 1 n 4C !L 160 . lbs " S4 50: 160-200 lbs.. I ano 6s % n 2 °m 2so fsi s4 ’ 55: 250-300 lbs.. $4.45; i Ji- 35: rouehs. $3.75; stags. I $2.50: calves. $7; lambs. 55.25. j By United Press s Nov - 18 —Hogs—Receipts : 2.400. holdover, none: mostlv steady with j Tuesday s average: bulk mixtures. 160-250 I !Sl'i an ?, * 5: $5.10 paid very spari inglv. light lights and Digs weak to 25c lower: mostlv $4.75. Cattle—Receipts. 550: draggy; steers weak to unevenly lower: mostly 25 to 50c down: scattered common to medium. $4(5X50: cows and bulls, near steadv. Calves—Receipts. 550: steady; better grade vealers. $8: sparingly; *8.50: cull to mediunt. $537. Sheep—Receipts. 1.700: lambs, slow; steadv to weak: compared 1 Tuesday's largely 50c lower close: bulk. S6 downward weight over 90 lbs. out at *5: I onlv few strictly choice handv weight. $6.25: sheep sharing weakness; little done on throwout lambs. I By United Press enn Nev. 18. —Hogs—Receipt", i 600: market mostly 5® 10c higher: 150-240 1 240-290 lbs.. *-*.Bs® 5.10: i? 9-130 lbs.. $4.75® 5; packing —yws. 53.75 i ’I 4 ' 2 .?’ , —Receipts. 20: market. ! lower cutter to medium cows. $1.50 @3. i5. Calves—Receipts. 75: market, j steady: good to choice vealers. s7'rß; medium grades. *s®6. Sheen—Receipts. 800: market, slow; indications. *lambs. weak to lower; choice kinds held above (6.25.

Bright Spots of Business

BY United Press NEW YORK. Nov. 18 —Public Service Corporation of New Jersey reported balance available for dividends and surplus for the year ended Oct. 31 totaled *31.545.042 against $29,067,234 for the preceding year. DETROIT—The largest earnings since 1926, were reported by Kelvinator Corporation. For the year ended Sept. 30 with net profit of $1,761,709. a gain of 10 per cent over the preceding year and 44 per cent over 1929. WALLACE. Idaho—Hecla Mining Company reported net profit for the quarter ended Sept. 30 was *144.305, against $97,339 in the preceding quarter. BALTIMORE—Riggs Distler A- Cos., announced it has received $4,000,000 contracts in the last few months for heating. ventilating and air conditioning.

Investment Trust Shares

(Bv Gibson <fc Bernard) PRICES ARE TO 12 NOON C. S. T. —Nov. 18Bid. Ask. Am Founders Corp com 1% 1% Am it Gen Sec A 5 Am Inv Tr shares 33% Basic Industry shares 3% .. Collateral Trustee shares A.. 5 5% Cumulative Trust shares ... 4% 4% Diversified Trustee shares A.. 9% ... Fixed Trust Oil shares 3% ... Fixed Trust shares A 9% ... Fundamental Trusut shares A. 4% 5 Fundamental Trust shares 8.. 4% 5% Leaders of Industrv A 4% ... Low Priced shares 4% 4% Nation Wide Securities 4 4% National Industries shares.... 3% 4 Selected American shares.... 3% 3% Selected Cumulative shares.... 7% B'% Selected Income shares 4% 4% Shawmut Bank Inv Trust.... 2 4 Std Am Trust shares .... 4% 4% Super Corp of Am Trust shares 3% 4% Trustee Std Oil A 4% ... Trustee Std Oil B 4% 4% Unified Service Trust shares A 33% U S Elec Li & Power A... 20% 22% Universal Trust shares 3% 4%

The City in Brief

THURSDAY’ EVENTS Marion County Tuberculosis Association. annual meeting. Lincoln. Advertising Club, luncheon, Columbia Club. Engineering Society, luncheon, Board of Trade. American Business Club, luncheon, Columbia Club. Real Estate Board, luncheon, Washington. Sigma Nu. luncheon, Lincoln. Caravan Club, luncheon, Murat temnle. Indiana League for the Hard of Hearing, 11 a. m., Stokes building. A closed meeting of the Indianapolis Real Estate Board will be held Thursday at 12:15 at the Hotel Washington. Several important points for discussion will be presented by the program committee. “Control of Manufacturing Expense Through Standards” will be the topic of C. L. Kingsbury, American Rolling Mill Company controller,in an address at 6:30 tonight at the Chamber of Commerce before the local chapter, National Association of Cost Accountants. Members of the Liberty Party will meet at 7:45 tonight at the Amalgamated hall, Pratt street and Capitol avenue. Speakers will be Drs. Amelia Keller, Francis LeLanglade, and C. S. Wikoff, party organizer, and W. E. Williams. Officers of the newly organized Indianapolis Retail Meat and Grocer’s Association, Inc., elected Tuesday are: Philip Grenwald, president; Frederick Sternberger, vicepresident; Harold Vogel, secretary, and Elmer Lay, treasurer. Fathers and sons were guests Tuesday night of the Men's Bible class at the Immanuel Reformed church. Albert H. Gisler as toastmaster. Tne Rev. H. F. Weckmueller. pastor, spoke. A fashion show modeled with apparel purchased from business girls’ personal budgets will close the Y. W. C. A. six weeks' charm school tonight. “At the End of the Rope” will be the title of an address tonight by Dr. Abram S. Woodard, pastor of the Meridian Street M. E. church, before the Bible Investigation Club of the Y. M. C. A. After approximately a half century of service as trainmaster of the Big Four railroad, Horace Goodwin, 24 South Colorado avenue, will be honored by seventy-five fellow workman with a dinner at the Severin Saturday night. Secret service codes used during the World war were described for the Indianapolis Rotary Club at its luncheon Tuesday by Major Thomas Coulson of the British military intelligence service and author. Election of Leßoy E. Kirkpatrick, 3501 North Sherman drive, as president of the East Thirty-eighth Street Civic League, was announced today. Other officers: Thomas Kelly, vice-president; Elmer Brown, secretary, and Ross Sawyer, treasurer. L. O. Chasey, secretary of Governor Harry G. Lesiie, will speak at the weekly fellowship dinner of the Northwood Christian church Thursday night. Mrs. H. C. Gemmer is in charge of the program. Dresses and suits valued at more than SIOO were stolen from the Capital City Cleaners plant, 211 South State avenue, by thieves who entered the place Tuesday night through a coal chute. Dinner in honor of Horace Goodwin, 70, of 24 South Colorado street, who was retired as Big Four railroad trainmaster Nov. 1 after fiftythree years of service, will be held at 6:30 Saturday night at the Severin. Big Four and P. & S. railroad employes will attend.

When the letters in the three words shown above are properly switched „ around and made into two words, they will tell you what is in the can.

Answer for Yesterday

1 ion | AO ft 2Fr. J The space is 40 feet long and TO feet wide. Add two feet to each and you have a space 12x42, which is equal to 304 square feet, or 56 square yard*. Su

KIDD AND CARR EXPAND TRADE Firm Takes Over Sale of U. S. Tires in This Area. Jack C. Carr and R. L. Kidd, of the Jack C. Carr Company, announce that their firm has" taken over the distributtorship for United States tires in the Indianapolis territory. They have acquired the entire business of Quick Tire Service, Inc., and all equipment will be moved to the Carr Company headquarters at Illinois and Walnut streets. Following a short period for remodeling and enlarging the present building, the combined business will be conducted at that location. Carr and Kidd have had extensive experience in the tire business in Indianapolis. Carr has served as the head of one of the outstanding tire stores in the city. He established the first drive-in filling station and service building sixteen years ago at New York and Meridian streets. Kidd also brings a wealth of practical experience to the firm, having been active in the retail field as a salesman. The G. and J. Tire Company, Indianapolis division of the United States Rubber Company, supplies the tubes and a large volume of the casings sold by this firm. In addition, the company handles Prest-O-Lite batteries and electrical supplies and Crystal Flash gasoline, both products of Indianapolis firms. After remodeling has been completed. more than 40,000 square feet of floor space will be available for service work at the Carr Company store. Particular attention will be given car space along Walnut street for customer desiring to make only short stops. A short sale has been announced by the company.

Net Changes

By United Press NEW YORK, Nov. 17.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. Off American Can. unchanged. 80 American & Foreign Power 14% % American Smelting 29% % American Telephone 138 1% Atchison 110 IV* Auburn ....125 1% Bethlehem Steel 29 % % Case 46% % Chrysler 17% % Consolidated Gas 13% 1% Electric Power 15’% .. % Fox Film A 6% % General Electric 30 '/a General Motors 28 1 International Nickel 10% % International Telephone ... 16 % Kennecott 16 % Loew’s Inc 39% % Montgomery Ward 12 % N Y Central 40% % North American 39% % Pennsylvania 29% .. % Radio 9 Vt % Radio-Keith 3 % Stand Oil Calif 33% % Texas Corp 19% 1 Union Carbide 37% % United Corp 12% .. % U S Steel 68% 1% Westinghouse El 39 1% Woolworth 51 % '/a

New York Curb Market

(By Thomson & McKinnon) —Nov. 18— 11:001 11:00 Alum Cos of Am 80 Unsull Ut 12 Am Cvnamid .. 4%!Midwest Ut .... 10V 4 Am Gas it Elec. 46V B lNat Avia 4% Am Lt it Trac. 28Va|Newmont Min .. 17% Am Sup Pwr ... 6 iNia Hud Pwr ... 8% Ark Gas A 3 IPenroad 3% Ass Gas it Elec. 6%iSt Regis Paper. 6% Braz Pwr it Lt ll%iSt,d of Ind 21% Forr} of Can ... MVilStutz 12 Fox Thea .... 1 jUn Gas A 3 Goldman Sachs 2%'Un Lt it Pwr.. 10% Hudson Bay ... 3 lUn Verde 4% Humble Oil ... 53 I

Local Wagon Wheat

City grain elevators are paving 50c for No. 2 red w'heat and 50c for No. 2 hard wheat. NEW YORK COFFEE RANGE —Nov. 17— High. Low. Close. March 5.37 5.22 5.37 May 5.49 5.47 5.48 December 5.13 4.97 5.13 RAW SUGAR PRICES High. Low. Close March 1.25 1.22 1.23 Mav 1.28 1.26 1.27 July 1.33 1.31 1.32 September 1.38 1.35 1.39 December 1.26 1.24 1.25 In the Air Weather conditions at 9 a. m.: Northwest wind, 13 miles an hour; temperature, 50; barometric pressure, 30.09 at sea level; ceiling, scattered clouds, unlimited; visibility, 30 miles; field, wet. CLEVER GIRL, BANK’S PRESIDENT FOIL BANDITS She Gives Alarm With Buzzer, He Routs ’Em With Shotgun. By United Press CHICAGO, Oct. 18. —A clever girl cashier and a . shotgun-wielding bank president today were credited with driving off four bandits without loss of $30,000 currency that lay within easy reach in the bank. The bandits, armed with shotguns and revolvers, ordered Helen Kuphas, 20, assistant cashier of the Betropolitan state bank, to open the door of her cage. She feigned bewilderment, meanwhile pushing an alarm buzzer with her foot. One gunman shot through the window to brjak the glass and was about to open th& door. Then John Brenza, the bank’s president, stepped from his office with a shotgun and opened fire. “Let’s get out of this,” the leader shouted, and the gunmen fled before police arrived. 1. 0. 0. F. FETE SLATED Grand Lodge, Assembly Heads to Be Entertained. Ladies of Indianapolis Canton, No. 2, I. O. O. F., will entertain grand lodge aaid assembly officers of the order, Thursday night at its hall, Prospect and East streets. A program of music is being arranged by Mrs. Katherine Bebinger, chairman of arrangements. Among guests to be honored are: Harry C. Rockwood, grand master: Golden A. Smith of New Albany, deputy grand master; George P. Bornwasser, grand secretary; Mrs. Iva E. Harriet, president of the Rebekah assembly; Mrs. Ruby M. Roesener, vice-president of the department of association of ladies’ auxiliaries; Elmo Gustin of Elwood. department commander of patriotic militant of Indiana; Rudolph Kolthoff, grind patriarch, and Harry K. Landis, past departmental commander of Indiana. American Imm and Telegraph Company 169th Dividend k. The regular quarterly f Affik J dividend of Two Dollars and Twenty-Five Cent* ($2.25) per share will be paid on January 15, 1932, to stockholders of record at the close of business on December 19,1931. H- BLAIR-SMITH, Treasure!.

In the Stock Market

(Bv Thomson & McKinnon) NEW YORK, Nov. 17.—Coincident with further price recovery in the grain market, an improved tone developed in stocks. The sharp advance in wheat served to check the early pressure on the market, which ! again was outstanding in the railroad shares, several of which established new lows. The lifting of the pressure from the rails found the general market in good technical shape to rally. Influences otherwise contributing to better feeling were the much improved outlook in the motor industry and revived hopes that the copper conference yet would accomplish something toward curtailment. Many automobile manufacturers were recalling employes with some authorities predicting December production would exceed any like month since 1928. It is needless to comment upon the beneficial and widespread effect that activity in this industry would have. Residential building figures for October running ahead of the same month a year ago furnished additional evidence of betterment. All this assisted in diverting attention from the prospect of some discouraging dividend news to appear later in the week, which the market recently has reflected. With better commercial news, the market is in a favorable technical position to extend its rally.

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.. Isc: Leghorn hens. 12c; broilers, full feathered. 3% lbs. and up. 14c; bareback, lie: Leghorn broilers. 12c: spring chickens. 4% lbs. and ud 14c; under. 14c; old cocks. B@9r: ducks, full feathered. 9c: geese. 6c. These prices are for No. 1 top quality quoted bv Klngan & Cos. Butter (wholesale) —No. 1. 30@31c: No. 2. 28 @ 29c. Butterfat—29c. 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. 18.—Potatoes-Market dull; Long Island, 75c®$2 barrel: New Jersey, [email protected] basket: Idaho. s2® 2.40 sack: Maine. [email protected] basket. Sweet potatoes—Market, dull; Jersey basket. [email protected]; southern basket, 40@60c; southern barrels, [email protected]. Flour —Market, quiet and firmer: spring patents, $4.65® 4.95. Pork—Market, steady: mess, $21.50. Dressed poultry—Market, steady; turkeys. 21@37c; chickens. 17®31c: fowls, 10@27c; broilers, 17@30c; ducks, 13(520c; Long Island ducks. 19c: capons. 30®40c. Live poultry—Market, steadv: geese. 13®20c; ducks,' 14® 21c; fowls, 13@18e: turkeys. 20 ®>32c; roosters. ll®13c; chickens, 13®22c; broilers. 19®25c: capons. 23@50c. Cheese —Market, dull: state whole milk fancy to special, 13%18c; young Americas, 14% @lsc. By United Press CLEVELAND. Nov. 18—Butter—Extras 35%c. standards 33c, market, steady. Eggs —Extras 36c; firsts 29c: market, steady. Poultry—Heavy fowls, 21c; medium, 17c; Leghorn, 12®15c; heavy broilers, 17®18c; Leghorn broilers. 13@15c; ducks, 12(516c: old cocks. 12®14c; geese. 13c: Young turkeys. 25c: market, steady. Potatoes— Ohio 45® 55c per bushel sack; Maine Green Mountain mostly sl.lO per 100-Ib. sack; Idaho Russet, [email protected] per 100-lb. sack. By United Press CHICAGO. Nov. 18.—Eggs Market, steadv: receipts. 1.593 cases: extra firsts. 32 ®33c; firsts. 30@31c: current receipts, 25® 28c: seconds, 15@19c. Butter —Market, steady; receipts 6,602 tubs: extras, 31%c; extra firsts. 29®30c: firsts. 27@28c: seconds. 24®26c: standards. 29c. Poultry —Market strong: receipts 2 cars; fowls. 14@18c: springers. 16c: Leghorns, 12 %c: ducks, 12®!5c: geese, 12c; turkeys, 20®25c; roosters. 10c: Leghorn broilers. 12c. Cheese —Twins, 13® 13%c; Young Americas. 13% ®l3%c. Potatoes—On track 219; arivals. 66; shipments, 529: market, dull: Wisconsin Round Whites. 70@80c; Minnesota and North Dakota Red River Ohios. 85® 95c: Idaho Russets, [email protected]; Colorado McClures. $1.35. New York Liberty Bonds —Nov. 17— 3%s 100.2 Ist 4%s 101. 4th 4% s 101.10 Treasury 4%s ' 106.19 Treasury 4s 102.30 Treasury 3%s 101. Treasury 3%s of '47 99.10 Treasury 3%s of ’43 (March) 99.12 Births Girls Robert and Laura Bowles. 1127 Vanderaan. Robert and Helen Sheets. 826 North Tacoma. Harry and Esther Baldwin, 1902 North Illinois. Alva and Bonnie Shclburn, 535 North Concord. James and Agnes Schwab. 907 River. Alvia and Hazel Deßee. 834 East Bates. Elmer and Velma Houston. 1237 West Twenty-sixth. Wililam and Laura Clemmons, 738 West Twenty-sixth. Abraham and Esther Rayford. 815 Maxwell. Carl and Viola Wade. 1216 East Beecher. Theodore and Dorothy Monroe. 2105 Barth. Harry and Edith Bauer. 2112 North Wallace. Hugh and Hazel Kolcheck. city hospital. Elmer and Nellie Yates, city hospital. Albert and Ruth Medcalf. city hospital. Tvler and Dorothy Bushong. city hospital. Thomas and Eva Brvant. city hospital. Clarence and Mamie Crowe, city hospital. Kenneth and Frances Coolev. 1625 Cruft. Boys Oscar and Chloree Cotton. 554 South Division. Roy and Eura Smith. 1429 Martindale. Milton and Bessie Campbell, 6508 Cornell. John and Louise Kincy, 950 Pansy. Marcus and Carmen Dunkerson, 523 North Bell. Wilbert and Hilda Richardson, 2617 North Olnev. Wade and Marie Satterfield, 513'/2 Hudson. Robert and Ruby Vaughn, 2226 North Ashland. Jess and Edith Ruddlck, 222 North Davidson. Walter and Dolores Rosemeyer, 2811 North Adams. Charles and Elizabeth Hughes, 1213 East Theodore and Dorothy Monroe, 2105 Barth. Joe and Viola Dale. 1024 West Vermont. Henry and Bertha Beaven. 2328 Columbia. Paul and Margaret Bennett, 830 East Bates. John and Clara McCloskey, City hospital. Elifah and Clvde Newson. city hospital. James and Helen Stratton, city hospital. Roscoe and Ruby Jeffries, city hospital. Herbert and Virginia Mann, city hospital. Herbert and Atchie Strayhorn, city hospital. Robert and Alberta Orndorff. city hospital. Walter and Marv Ruffing, city hospital. Clarence and Daisy Nungester, 1423 Gross. Deaths Deloris E. Bovd. 2 mo.. 123 South Noble, gastro enteritis. Dora Mav Catterlin, 65. 3427 East Tenth, angina pectoris. Anna M. Collins. 70. 307 East Washington. chronic myocarditis. Zella Grace Stone, 47. 2216 English, chronic nephritis. Joseph F. Klose. 80. 1032 Congress, broncho pneumonia. William Thomas James. 4 hours. Christian hospital, atelectasis. Robert L. Winecoff, 62, city hospital, carcinoma. George Leroy. 50. city hospital, cerebral hemorrhage. Landon Dickenson. 43. Central Indiana hospital, general paralysis. Martha Taylor. 74. 3835 North New Jersev. acute cardiac dilatation. Henry W. Dobbs. 52. 524% West Seventeenth. mitral insufficiency. Hannah Edson. 52 Central Indiana hospital. arteriosefccosis. Willie Mae FiUeman, 32. city hospital, acute nephritis. Thomas Hinchman. 40. city hospital, acute myocarditis.

Specialists In Unlisted Securities Edw. W. Zaiser Securities Corporation 414 Continental Bank Bid*. Riley 404S

Zaiser & Zaiser Incorporated Brokers Unlisted Securities 129 E. Market LT. 9378 RI. 2167

PAGE 15

GRAIN OPTIONS OFF ON WEAK FOREIGN NEWS Holders Lose Confidence as Demand Decreases at Liverpool. BY HAROLD E. RAINVILLE United Preis Staff Correspondent CHICAGO, Nov. 18.—Wheat prices broke more than a cent at the Board of Trade opening today on the reaction that carried Liverpool lower. Scattered profit-taking and selling found support limited and the market backed up preciptously. Liverpool was weak as demand dried up and holders became less confident. Corn followed wheat unevenly, December acting tight and giving up only a fraction, while the deferred months lost more than a cent. Oats had a light trade and was down a minor fraction. There was nothing new’ in the situation, but the advance of more than 5 cents in two days called for a pause. At the opening wheat was 1 to I*6 cents lower: corn was % to 14 cents down: bats 4 to 4 cent off, and rye 14 to 14 cents lower. Provisions were steady, Chicago Grain Range —Nov. 18WHEAT— Pryv. High. Low. 11 00. close Dec 60 .59% .59*4 .61% May 63 .62% .62% .64% May 64% .64% 64% .65% July 65 .64% .64% .66% CORN— Dec 45% .44% .45 .45% Mar 47% .47% .47% .48% Mav 49% .49 .49% .50Vj July 51 .50% .51 .52% OATS— Dec 26% .26% .26% .27% May 29% .29 .29% .39% July 29% 29% .29% .29% RYE— Dec 50% .50 .50 .51% Mar 54% .54% .64% .56 May 56% .55% .5504 .57% LARD— Dec 6.43 6.47 Jan 6 42 6 50 May 6.62 6.67 By Times Special CHICAGO. Nov. 18.—Cnrlots: Wheot. 74: corn. 65; oats. 18: rye. 0, and barley, 11. By Times Special CHICAGO. Nov. 17.—Primary receipts: Wheat. 848.000 against 854.000: corn. 264.000 against 573.000: oats. 205.000 against 211.000. Shipments Wheat. 1.859.000 against 1.322.000; com. 96.000 against 291.000; oats. 88.000 against. 519.000. By United Press CHICAGO. Nov. 17.—Cash grain close: Wheat —No. 3 hard. 61c: No. 3 yellow hard. 60@61c: No. 2 mixed. 62c. Corn—(New) No. 3 mixed. 43%®45%c: No. 4 mixed. 44c: No. 2 yellow. 46@47c: No. 3 yellow. 43%®) 46c: No. 4 yellow. 43c: No. 2 white. 46 47c: No. 3 white. 46@46%c: (old). No. 2 yellow, 48@48%c: No. 3 yellow. 47%c: No. 4 yellow ,47c. Oats—No. 2 white, 28® 28%c: No. 3 white. 27®28%c: No. 4 white. 27%c. Rve—None. Bariev—4o® 58c. Timothy—s3.7s@4. C10ver—512.25(®14.75. By United Press TOLEDO. Nov. 17.—Cash grain close: Elevator prices: Wheat—No. 2 red. 66% ®66%c. Corn—No. 2 yellow. 50@51c, Oats —No. 2 white. 31032 c: old oats, premium. 3® 4c. Rve—No 2. 58c. Grain on track 28'/2C rate. Wheat—No. 2 red. 59%® 60c; No. 1 red. 1c pfemium. Corn—No. 2 yellow. 44%@45%c: No. 3 yellow. 42®43c Oats—No. 2 white. 28%@29%c: No. 3 white. 26%®28%c: old oats, premium, 3@ 4c. Clover—Prime. $8.75: December. $9; Februarv. $9.25: March. $9.25. Alstkc— Cash. $8.25: December. *8.50: February. $8.75: March. $8.85. Butter —Fancy creamery. 33®34c. Eggs—Current receipts. 280) 32c. Hay—Timothy, per cwt.. *l.

Cash Grain

—Nov. 17— The bids for car lots of (train at the call of the Indianapolis Board of Trade, f. o. b. shipping point, basis 41 , /ic New Yntlf rofa xx,’pr#* Wheat—Strone: No. t red. 54(®56c: No. 2 red. 53®54c: No. 2 hard. Corn —Strone: No. 3 white. 35 1 '2@36’^c: No. 4 white. 33''?'534'?c: No. 3 vellow. 35 t: 36'/2c: No. 4 vellow. 3447:35c: No. 3 mixed. 334?34c: No. 4 mixed. 324?33c. Oats—Strone: No. 2 white. 23®24c: No. 3 white. 22@23c. Hav—Steadv: (F. o. b. country points taking 23 Vic or less rates to Cincinnati or Louisville.) No. 1 timothy. [email protected]; No. 2 timothv. s6®fi,so. —lnspections Wheat—No. 2 red. 2 cars. Total. 2 cars. Corn—(New) No. 2 white. 3 cars; No. 3 white. 4 cars: No. 4 white. 1 car: No. 3 vellow. 16 cars: No. 4 vellow. 7 cars: No. 4 mixed. 1 car. Total. 32 cars. Oats —No. 3 white. 2 cars. Total. 2 cars.

In the Cotton Markets

fßv Thomson & McKinnon! NEW YORK, Nov. 17.—The cotton market opened about unchanged this morning. The tone was steady and on the absence of southern selling prices advanced. Brokers who act for the farm board at times were selling December contracts on the advance, but the market gave very little ground. Strength in other markets undoubtedly contributed to the advance, but the cheap price at which cotton is selling does not invite a short position. We are near the time of the year when the great crop of 1926-27 made its low price and then vent on to double in price the following year. We do not expect anything extravagant in cotton prices, but we do feel that as the burden of carrying this "upply lessens, a better price will follow. CHICAGO —Nov. 17High. Low. Close. January 6.64 6.54 6.55 March 6.80 6.70 6.74 May 6 99 6 88 6 99 July 7.16 7.08 7.09 December 6.49 6.41 6.41 NEW YORK High. Low. Close. January 6.52 6.40 6.42 March 6.69 6 58 6 60 May 6.85 6.77 6 77 July 7 06 6 94 6.96 October 7.30 7 20 7 22 December 6.40 6.27 6.29 NEW ORLEANS January 6.53 6.40 6 40 March 6.70 6.99 6.59 Mav 6.88 6.77 6.78 July 7.07 6.95 6.95 October 7.30 7.30 7 20 December 6.41 6.29 6.29

We Recommend Chicago Gulf Corporation Class “A” Convertible Stock Engaged in the production of natural gas; controls over 17,000 acres in the Texas gas fields. Company has able management and directorate. Shares are entitled to annual dividend of 50 cents, payable quarterly and are callable at $lO per share. No bonds or funded debt can be placed on company’s properties. They are first capital obligation of this fast growing company. For further information consult or writ*. Collins Moore&Co. 1306 New City Trust Bldg.