Indianapolis Times, Volume 43, Number 184, Indianapolis, Marion County, 11 December 1931 — Page 28
PAGE 28
STEEL LEADS STOCK SHARES TO NEW LOWS Rails Make Best Showing as Small Gains Are Held.
Average Stock Prices
hllrty industrials for Thursss Ri ß2^ 4 !?' 16 a Average of twenty rails •S ,!• ’ 7 A' Average of twenty utilities 78:53 off .72 Av ' rafte of bonds BY ELMER C. WALZER United Press Financial Editor NEW YORK, Dec. 11.—Stocks dropped to new low levels for the mejor decline in all the principal groups today after a brief period of resistance to pressure. Steel common rose to 48 1 , its previous close, after opening with a fractional decline, then dropped abruptly to 46%, off 2 Va . Steel’s weakness brought the whole market into reverse and around noon losses were in the majority, ranging to 2 points. New lows were made by a long list of issues. A few shares broke sharply, including Remington Rand, second preferred, whiih hit 15, off 14 points, and Standard Gas 6 per cent preferred at 60, off 14%. New lows v ere made by several of the lowpriced issues, including Fox Film A, Transamerica and National Cash Register. Railroad shares made a better showing than other groups. Pennsylvania and Great Northern preferred held small gains around noon, while only fractional losses were noted in New York Central and Chesapeake <fc Ohio. Union Pacific and Atchison lost more than a point. Conflicting reports were circulated regarding the probable outcome of the conference of railroad union leaders at Chicago. One report expressed belief the workers would reject the proposed 10 per cent wage reduction. In such case, it was said, the railroads would immediately issue a thirty-day notice of a 15 per cent reduction and proceed to direct negotiations with the men. If negotiations failed the question then would go to arbitration. Other reports said the workers had agreed on a reduction. Some selective buying came into various individual issues during the first two hours of trading. Consolidated Gas met support after a decline of nearly 2 points to 62%. American Telephone resisted pressure and held above its low of Thursday. Electric Power and Light and Columbia Gas were carried down to new lows. Bank Clearings INDIANAPOLIS STATEMENT —Dec. 11— ClrarinßS $2,015,000.00 Debits 4.896.000.00 TREASURY STATEMENT Dec. 11Net balance for Dec. 9 $74,168,079 50 Expenditures 12,810,040:69 Customs receipts mo. to date 8.774.043.64 Investment Trust Shares (By Gibson & Bernard) PRICES ARE TO 12 NOON C. S. T. —Dec. 11Bid. Ask. Am Pounders Corp com 1 Hi Am Sc Gen Sec A 5 Ain Inv Tr Shares 2% 2% Basic Industry Shares 2% ... Collateral Trustee Shares A 4% 4 3 /4 Cumulative Trust Shares ... 3'2 4 Diversified Trustee Shares A 7% ... Fixed Trust Oil Shares ... 2% ... Fixed Trust Shares A 7% ... Fundamental Trust Share:; A 3 1 a 4 1 i Fundamental Trust Shares B 4% 4% Leaders of Industry A 3% Low Pjiced Shares 3 % 3% Nation Wide Securities 3’o 3% Selected American Shares .... 2’j 3 Selected Cumulative Shares. 6 r * 6% Selected Income Shores .... 3% 4'.;, Shawmut Bank Inv Trust ... 2 4 Std Am Tn-ust Shares 3% 3% Super Corp of Am Trust Sh 3% 3% Trustee Std Oil A 3% ... Truste Std Oil B 3 7 a 4% Unified Service Trust Shares A 2% 3 tl S Elec Light Sc Power A. 17% 19% Universal Trust Shares 2% 3% 1 New York Curb Market 1 (Bv Thomson * McKinnon) —Dec. 11— 11:00' 11:00 Alum Cos of Am 55'2Tnt Pet 9 Am Cvnamid .. 3%Moad Johnson.. 4" Am Gas Sc Elec 87%,Midwest Ut.... 7% Am Lt Sc Trac. 23% Mo Qan Pipe.... 1% Am Sup Pwr... SVNat Avia 2% Ark Gas A 2% Newmont Min.. 10% Ass Gas Sc Elec 5% Nia Hud Pwr.. 6% Braz Pwr Sz Lt 9 Niles 9 Can Marc 1 Penroad ‘”5 Cent Sts Elec . 1% St Rents Paper.. 3% Cities Serv .... 5% salt Creek .... J% Cons Gas of Bit £3 ~ I Indus i Cord 7 So Prnr Oil 13 nere Sc Cos. 19'.. Std of Ind .... 17% Klee Bud * Sh 1 7 *M!t* 9 Ford of Can ... in (In oas A 2 Ford of Fnn . tip Lt A- Pwr 7% iGoidnian Sachs. .’ I7 n vert> 3% toulf Oil 39 iUt Pwr B 2% Stumble Oil . . ■i’’■’* Van Camn [lmp C‘l es Can 9% United Fndrs . . 1% Instill Ut n 1 Chicago Stocks Opening ■By James T. Harntll Sc Cos.) • —Dec 11— Asso Tel Uttl.. 16 3 4 Insull 6s '4O 39'i! 'Bendix Avia .. 16% Lib McNeil Prod 4% 11% rn Warner .. 10%'Mo Kan Pipe L 1% Cent 111 pfd... 15% Middle West .. 7 7 8 Cer 1 Wib ser A 1% Swift &Cos 17 Cord Corp 7 ! Swift Inti 21% Cont Chi pf..d 19% Utah Prod 1 Com Edison ...132%'Ut Sc Indus com 2% Chi "go Bee ... 5 !ut A: Indus pfd 9’.. Ir-ii'l com 9% Welsreen Strs .. 11% 1 ’ Pfd . ... 25'_■ Zenith Radio .. 1 Specialists In Unlisted Securities Edw. W. Zaiser Securities Corporation ♦l4 Continental KanU Rid*. Rlle.v 4043 Zaiser & Zaiser Incorporated Brokers Unlisted Securities 129 E. Market t.I. 9375 • RI. St®7 J James T. Hamill & Company Private Wire* to All Leading Market* Indiana poll* MEMBERS Chlrago Stock tCxchange Chicairo Board of Trade Indianapolis Board of Trade Associated New York Curb 203 Continental Bank Bldg. Tel. Klley 549:- Riley M'H
New York Stocks
—Dec. 11— Prev. Railroads— High. Low. 11:00 close. Atchison 86 85 85 86% 1 Atl Coast Line 35 Balt 6c 0hi0.... 20% 19% 20 20% Chesa 6c Ohio.. 28% 27',1 27% 28 Chesa Corp 19% 19 19% 19% Chi Ort West 32% 32% 'Chi N West 7% 7 7% 7% ! C R I 6c P 10Va 10 10 10% I Del L 6c W 21 Del 6c Hudson.. 72 71 71 <O% Erie 6 5% 5% 6% Erie Ist pfd 8% Great Northern 20% 20% 20% 20% Illinois Central 11% 10% 11% 10% Kan Cltv 80 9 Lou 6: Nash 22% 22 22 22% M K 6c T 6 5% '% 6 Mo Pacific 9 8% 8% 9 I Mo Pacific pfd 18% !*f Y Central.... 28% 26% 27% 27% Nickel Plate 5% NY NH 6c H... 20% 19% 20 20% Nor Pacific .... 18V. 17% 17% 18% Norfolk 6c West 122% 121 % O 6c W 6% Pere Mara 4 Pennsylvania .. 20% 20% 20% 20% Reading 36 37 Seaboard Air L % % % % So Pacific 32% 31 31% 32% ‘southern Rv. . 9% 9% 9% 10 1 St Paul 1% 1% 1% 1% St Paul pfd.... 32% 2% 3 |St IL 6c S F .. * 4% Texas 6c Pac 25 'Union Pacific ... 76 73% 73% 76 1 Wabash V* W Maryland .. 5% 6 1 West Pacific 1 1 Equipments—lAm Car 6c Fdv 6 5 s 5% *>% |Am Locomotive.. .. ... 5% *>% |Am Steel Fd 6 6 ‘Am Air Brake S.. . 18% 18% ! Gen Am Tank.. 35 34% 35 3b 1 General Elec. .. 26% 244. 24% 25~b Gen Rv Signal 24% I Lima Loco ... 13 13 j N Y Air Brake 8% Press Stl Car 1% I Pullman 18 I<% 7% 17 v j Westlngh Ar B . 13% 13 13 13 I Westingh Elec.. 28% 27% 28 28% J Firestone 13% 13% 13% 13% Goodrich ' '4% ‘4% ''4% <% Goodyear ~ 17 17 4 U S Rubber 4% 4'/a 4% 4% Motors— . ... . Auburn 114% 111% H 4 112% Chrysler 13% 13 13% 13% Graham Paige... 3% 3% 3% 3,4 General Motors.. 22% 21% 22% 22,4 Hudson 10% Hupp 4 % 4'b 4% 4% Mack 14% 14% 14% lo I Nash 10,, j Packard 4’,4 4 4 4% Pierce-Arrow •* Reo 3% 37b Studebaker 12% 12% 12% 12% Yellow Truck ... 3% 3% 3% 3% Motor Access— / Am Bascli ... Bendix Aviation.. 16% 15% 15% 16% Borg Warner ... 10% Briggs 9% 9' 4 9% 9% Budd Wheel 3% 3% 3% 3% Campbell Wy ... • • • 7% Eaton 7% 7% 7% 8 El Storage B 29'% 30 Hayes Body 1% Houda 3% 3% Motor Wheel 5% Sparks W 2% 2% 2% 2% Stewart. Warner. 5% 5 5% 5% Timkin Roll 19% 18% 18% 19% Mining— Am Meta's 5% 574 Am Smelt 20% 19% 20 20% Am Zinc 3% Anaconda Cop... 11% 10'% 10% 10% Cal 6c Hecla 4 3% Cerro de Pasco. 12V4 12 12 12'% Dome Mines 8% 8 Freeport Texas 16 , 16% Granby Corp... 6'% 6V4 6% 6% Great Nor Ore.. .. ... 12% 12% Howe Sound 11% Int Nickel 8 7 3 i 7% 7% Inspiration 3% 3% Kennecott Cop. 11% 107% 10% 11% I Magma Cop .... 8% 7% 7% 8 ' Miami Copper 374 3% Nev Cons 5% 574 Texas Gul Sul.. 23’% 22% 22% 23V, U S Smelt 14% 13% 13*4 14% Oils— Amerada 15% Atl Refining 1074 10% 10% 10'% Barnsdall 5 474 474 5% Beacon ... ... 10 Houston 474 474 4 % 474 Indian Refining 174 Ohio Oil 6% Mex Sbd 7 6% 674 7 Mid Conti 57% 5% 5% 5’% Phillips s’a Pr Oil 6c Gas 6% 674 Pure Oil 5 5 Royal Dutch ... 15 14% 14% 14 Shell Un 3% 4 Simms Pt 5 Sinclair 5% 574 574 5% Skelly 3'% 374 3'4 3% Stand of Cal ... 21% 21% 21% 28% Stand of N J 30% 30% 30'% 30% Soc Vac 10'% 1074 107% 10'% Texas Cos 15’% 14% 1474 1574 Union Oil 13% 13% 137% 13% Steels— Am Roll Mills... 1074 10 74 10% 10 Bethlehem 24% 24 24% 24 Byers A M 14 13% 13% 14 74 Colo Fuel . 774 8 Cruc Steel ... . 26% 25% 26% 2574 Inland . ... 22 Ludlum 3 McKeeport Tin . 4874 47% 47% 48% Midland 3'% Newton ... ... 374 Repub I 6c S.. 5 474 5 5% U S Steel 48% 46% 4774 4874 Vanadium 13% 1274 *12 7 /b 13'% Youngst o 6c W 8% 8% Youngst S6c T 1974 20 Tobaccos— Am Tob Anew 7274 71 71% 7274 Am Tom B new 74 72% 727% 73% Con Cigars 22 22 General Cigar 3074 ..... Lig 6c Myers 8.. 46% 46'% 4614 46'% Lorillard 1374 1 3 13 1374 Reynolds Tob 35% 35% Std Com Tob 2,, Tob Pr (A) 774 7 7 774 Tob Pr (B) 2% 2% United Cig 2 Utilities— Abitibi 3 Adams Exp .... 4 3% 4 4 Am For Pwr.... 774 674 7 774 Am Pwr 6c Li.. 1574 14% 1474 1574 A T 6: T 124% 122% 1237* 12374 Col Gas 6c E 1.... 1774 16'% 16% 1774 Com 6c Sou 4% 4 4 4 El Pwr & Li... 1274 12 12 1274 Gen Gas <A) 174 1% Inti T 6c T 9’% 874 9 9V* Natl Pwr 6c Li.. 12 11% 1174 1274 No Amer Cos 3274 3174 32 3274 Pac Gat 6c El.. 33% 33 33 33'% Pub Serv N J.... 57'i 55% 55% 57'% So Cal Edison.. 30% 30% 30'% 3074 Std G & El 31 30'/* 30% 30'% United Corp .... 974 9% 9’% 974 Ut Pwr 6c L A.. 9 ,8% B'% 874 West Union.... 45 44 44 45 Shipping— Am Inti Corp 6 6 N Y Ship 4% Inti Mer M pfd 2'% No Gm Lloyd 7 United Fruit 33 23% Foods— Am Sug 38 40 Armour A Cont Baking A.. .. ... 6 6 Corn Prod .... 4074 4 0 4 0 4074 Crm Wheat 2374 Cudahy Pkg 32 Cuban Am Sug. 174 174 174 174 Gen Foods 32% 31% 31'% 32% Grand Union ... 8% 874 874 B’4 Hershev 78 7874 I Jewel Tea 3074 3174 1 Kroger 16 15% 1574 1674 1 Nat Biscuit. .... 40% 38% 39% 39% ■ Pilsbury 21 % I Purity Bak .... 13 12% 12% 13%, 1 S-ifewav St . 45 43% 43% 43% | std B-rnds 12% 12%, 12% ... ! Word Bkg 9V I nrr-s—----i Cot 7 ' Inc 3 3 4 374 r -, . 5j 8% S3 50% ."b i 6- Fink.. . 20 20 iT'-fb' -lr—- --■ p-di-tor ... 67s 6 6 6% " '! Tr-’,, ... 16 16 G- , Aseha't ... 12 11% 11% 11% lc’'igh Port ... ... 67- • Ot's Kiev .. ..19 18% 18% 1874 %dus Fhcms—"lied Chem ... 77 70% 70% 72 com Solv 9% 8% 8% 874 Union Carb . .. 30'- 29% 30 2974 U S Ird Alco .. 28% 27% 2874 29 Retail Stores— Assoc Drv Gds.. 7% 774 7 % 7% Gimbel Bros ... .. 3 Kresge S S 18% 17% 18 18% Mav D Store... 18% 17% 1774 1874 Mont Ward .... 8 7% 7% 8% Pennv J C . .. 30 29% 29% 30 Schulte Ret St 4 4 Sears Roe 34% 34% 347'* 34% Woolworth . .. 43% 42% 42% 43% Amusements— Bruns Balke 3% Col Granh 3 274 Croslev Radio... 32% 33 Eastman Kod.. 8 3 % 84'. 8 3 % 84% FOX Film A 374 33 374 Griesbv Gru 1% 1%
Net Changes
/•';/ United Press NEW YORK. Dec. 10.—Closing prices and net changes on principal shocks traded today on the New York Stock Exchange follow; Up. Off. Allied Chemical 72 % ... American Can 61% % . . American Smelting 20% ... % Auburn 112% 1 Bethlehem Steel 24 ... % Case 38 % ... Chrysler 13% . % Consolidated Gas 64% ... % Du Pont 52% ... 1 Electric Power 12% ... 1% General Electric 25% . % General Motors 22% ... % International Nickel 7% ... % International Telephone 9% % . . Loew's Inc 32% ... 1% Montgomery Ward . 8% % N Y Central 27% North American 33 1% Paramount 8% ... % Pennsylvania 20% . . % Public Service 57% % Radio 5% . . % Radio-Keith 1% ... % JWrs Roebuck 34% ... % Stan Oil N J 30% ... % Texas Corn 15% ... % Union Carbide 29% ... 1% United Corn 9% . . % U S Steel 48% ... 1 WesMnebouse El 27% ... % Woolworth 43% ... 1% —. . New York Liberty Bonds —Dec. 10— 3%s 95.50 Ist 4%s 100.14 4th 4%s 100.24 Treasury 4%s 102 24 Treasury 4s 100. in Treasury 3%s 98.10 Treasury J%s of ’47 95:16 Treasury Pl%s of ’43 (March) 95.20
Loews Inc 30% 29% 29% 32% Param Fam 8% 8% 8% 4% Radio Corn 574 5 % 5% n 3 * R-K-O 1% 1% i 3 i 1% Warner Bros 2% 2 27* 2% Miscellaneous— Airwav Add 1% 1% 17* l'/a Cltv Ice 6c Fu.. 28% 26 28 29% Congoleum 974 9% Am Can 6274 6074 60% 6'S, Cont Can 3374 33% Curtiss Wr 17* 1% Gillette S R.... 12% 12 12 12 Real Silk 2% 2 2% 2% Un A rest 12' 2 11% 11% 13% Int Harv 25% 25 25% 25% J I Case 37% 3674 37 s * 37%
The City in Brief
SATURDAY EVENTS Indiana History Conference, * annual session, Clavpool. Alliance Francaise luncheon. Washington. Beta Theta Pi luncheon. Board of Trade. Sigma Alpha Epsilon luncheon. Chamber of Commerce. Election of officers of the Scientech Club of Indianapolis will be held at a luncheon Monday in the Architects and Builders building, Pennsylvania and Vermont streets. James W. Hurt, Robert M. Collier and Norris P. Shelby will serve j three-year terms as directors of the i Indianapolis Real Estate Board. ! They were elected at the board’s i annual meeting Thursday at the Washington. Directors will meet within a week to select new officers. William H. Remy, former Marion county prosecutor, will lead a discussion forum at the Y. M. C. A. tonight. The subject w r ill be “Personality and Leadership Development.” Remy also will talk on “Preparation for Interviews and Addresses.” Chalmer Schlusscr will be the principal speaker at a meeting of the McGuffeyites at 1:30 Saturday in Cropsey auditorium, central library. The Ralph Waldo Emerson school girls’ quartet will sing, E. F. Gilpin and Mrs. Gertrude Lovell will read poems and Mrs. Bertha Didway will give a musical monologue. The art of selling is not a gift, but any one may acquire it through study, S. B. Walker, office manager of the William H. Block Company, told the salesmanship Club at its first meeting in the Y. M. C. A. Thursday night. Auxiliary of Hiilon U. Brown Jr. Dost, American Legion, will entertain state and district officers at a Christmas “grab bag party” tonight at the D. A. R. chapter house. Musical numbers will be given by Delcie Ray, violinist; Gertrude and Jenatta Knautta, pianist. “Your Life Twenty Years From Now” was described by Albert Stump, attorney, Thursday night at a fellowship dinner In the Fairview Presbyterian church, with approximately 150 attending. Invitation to all Indianapolis policemen and newspaper men to attend showing of the movie, “Homicide Squad,” at the Zaring theater Friday and Saturday nights, has been extended by A. C. Zaring, Police Chief Mike Morrissey announced today.
Indianapolis Livestock Review
WEEK ENDING DEC. 10 Bv U. S. Dept, of Agriculture HOGS t There has been no improvement in the hog situation during the past week and the downward march of prices still continues. even if it is in a mild form. In spite of the narrow range of daily price movement, usually within a 5 to 10 cent spread, a net loss of around 20 cents has been uncovered. A slight decrease in local receipts as compared with last week was not sufficient to offset the lack of confidence of many associated with the indusWhile local packers and order buyers are striving to maintain prices for hogs and pork products on a profitable basis, other depressing factors have exerted a marked influence Bulk prices today were $4.15 to $4.30, for weights from 160 to 300 pounds, the latter price paid generally for 160 to 200-pound operings. This compares with a spread of $4.35 to $4.50 for the same weights last Thursday. For some time pigs and light lights from 100 to 160 pounds sold on a parity with weights over 160 pounds, but a shift in the schedule Thursday placed weights irom 130 to 160 pounds 5 to 10 cents under those weights, with pigs under 130 pounds usually 25 cents or more under desirable lights. Packing sows cashed generally from $3.25 to $3.75, a few light butcher sows up to $4. CATTLE Forgetting the upper crust of strictly choice long fed steers, which have been in the minority at all major markets this week, and have been conspicuous at Indianapolis by their total absence, the week’s trade has been a series of disappointments to the selling side. Encouraged perhaps by the extremely high valuation placed on long fed and thoroughly finished steers recently, some producers and salesmen have undoubtedly overestimated the worth of short fed and warmed up steers of comparable quality but lacking finish. This condition has been evident here and around the circuit during the past week. Numerous loads of near good cattle have been offered and the trade was apparently not prepared to absorb them except at substantial price concessions. At times buyers and sellers were so far apart in their idea that a common meeting place could hardly be expected. However, with concessions on both sides, bulk sales for the week figure from 25 cents to $1 lower, with the average loss 25 to mostly 50 cents. Camparisons with two weeks ago and a moncli ago make prevailing prices seem unusually low. but when killing and marketing costs are considered, in connection with a variable eastern outlet, the net return to packers may be as little or less than that received by the producer of these seemingly low priced cattle. For the week, steer sales bulked from $4.75 to $7.25, the weight ranging from 920 to 1,220 pounds. Common killers sold downward from $4.50. A sprinkling of lightweights, mostly odd head, in a range of $8 to $lO were not obtainable in sufficient volume to affect the average cost. Beef cows changed little, if any. during the period, although some daily fluctuations were noticeable, due latgely to restricted supplies or urgent demand from local sources. Better grades cashed from $3 to $4 with a few to $4.25 and $4.50. Low cutters and cutters bulked at $1.50 to 52.75, not many below $2. Heifers lost a little ground but probably "not enough to justify comment. Bulk of the available supply cashed from $3.40 to ; 6.50 and a few desirable lightweights cleared in a small way from $7 to S8"50. Vealers moved within a dollar range during the period under review. Starting with a 50 cent decline last Saturday which was retained until Wednesday, when a 50 cent untur.n was recorded, bringing the top price back to $7.50. Aonther 50-cent advealers selling up to SB. Good and choice ' ealers selling up to SB. Good and choice handvweights have sold from $6.50 to SB, closing at the full advance, lower grades on down to $4 and less. SHEEP Last Thursday's level for lamb nrices has been consistently maintained in the face of normal marketing. There seems tc be a dependable outlet for all available offerings at Drices on a Darity with competitive markets, especially when daily marketings are reasonably uniform in volume and consist. For the Thursday to Thursday period, good _ and choice lambs usually realized $5.75 and $6. mostly the latter. Several westerns and a few nat : vas sold up to $6.10 and an extreme top of 6.25 was recorded. Throwouts ranged downward to $4 pnd less. Ewes held to tb- old price level, mostly $1.50 to $2.25. with a few lightweights higher, and common kinds under SI.OO. New York Bank Stocks tßv Thomson & McKinnon 1 —Dec. 10Bid. Ask. Bankers 54 56% Brooklyn Trust 200 210 Central Hanover 124 128 Chase National 34*4 36% Chatham Phoenix National.. 22% 24*4 Chemical 30 32 City National 44% 46% Corn Exchange 68 71 Commercial 150 158 Continental 15% 17% Empire 22 24 First National 1.990 2,090 Guaranty 270 275 Irving 18 7 19 7 i Manhattan 8: Cos 31*4 33% Manufacturers 35 37 New York Trust .... 84 86 Pubfic .. 20% 22% Std Brands
THE INDIANAPOLIS TIMES
SELLING SENDS PORKER PRICES DOWNS CENTS Cattle Market Nominal and Steady; Sheep Market Strong. Hogs were unable to overcome the downtrend this morning at city yards and prices slumped another 5 cents on most all classes. The bulk, 130 to 300 pounds, sold for 54.10 to $4.25; early top holding at $4.25. Some were held higher. Receipts were estimated at 6,000; holdovers W’ere 242. Cattle trade was nominal, she stock holding steady. Receipts were 300. Vealers showed no change with prices steady at $8 down. Calf receipts numbered 500. Sheep exhibited strength, the bulk selling at $4.75 to $6, some held higher. Receipts were 1,100. Hogs at Chicago opened strong and steady with Thursday’s average. Good to choice 170 to 250 pounds brought $4.15 to $4.20; best held upward to $4.30 and above. Receipts were 40,000, including 20,000 direct. Holdovers were 5,000. Cattle receipts, 2,000; calves 800; steady. Sheep 18,000, steady. HOGS Dec. Bulk. Early Top. Receipts. 4. $4.30® 4.35 $4.35 8,000 5. 4.10® 4.25 4.25 2.500 7. 4.20® 4.35 4.36 8.000 8. 4.25@ 4.40 4.40 8.000 10. 4.15® 4.30 4.30 7.000 11. 4.15® 4.30 4.25 6,000 Receipts, 6,000; market, lower. (140-160) Good and choice $4.20 —Light Liehts—-(l6o-180) Good and choice.... 4.25 —Lleht Weights—-(lßo-200) Good and choice.... 4.25 (200-220) Medium and good.. 4.20 —Medium Weights—-(22o-250) Good and choice 4.15@ 4.20 (250-290) Medium and good.. 4.10 —Heavy Weights—-(29o-350) Good and choice;... 4.05® 4.10 Packing Sows (350-500) Medium and good.. 3.25® 3.85 (100-130) Slaughter pigs 4.00 CATTLE (SLAUGHTER CLASS) Receipts, 300; market, steady. —Steers— Good and choice t 7.25®11.00 Common and medium 3.50® 7.25 (1.100-1.500) Good and choice [email protected] Common and medium 5.00® 7.25 —Heifers—-(soo-850) Good and choice 6.00@ 9.00 Common and medium 3.00® 6.00 —Cows— Goon and choice 3.50® 5.00 Medium 2.75(d) 3.50 Cull and common 1.50® 2.75 —Bulls (yearlings excluded) — Good and choice beefs 3.25@ 4.25 Cutter, common and medium.. 2.00® 3.25 CALVES AND VEALERS Receipts, 500; market, steady. —Vealers— Good and choice $ 7.50@ 8.00 Medium 5.50@ 7.50 Cull and common 3.50® 5.50 —Calves— Good and choice 4.50@ 6.50 Common and medium 2.50® 4.50 —Stockers and Feeder Steers— Good and choice 4.25® 6.25 Common and medium 3.00® 4.25 (800-1.500) Good and choice 4.25@ 6.25 Common and medium 3.00® 4.25 SHEEP AND LAMBS Receipts, 1,100; market, steady. Good and choice $ 5.75® 5.25 Common and medium 3.50® 5.75 Ewes, medium and choice I.2b@ 2.50 Cull and common 50® 1.25
Other Livestock By United Press CHICAGO. Dec. 11.—Hogs—Receipts. 40.000 including 20,000 direct: lairly active, steady to strong; 170-200 lbs.. [email protected]; top. $4.25; 140-160 lbs.. $3.75#4; Digs. $3.25 @3.50; packing sows, [email protected]; light lights. 140-160 lbs., good and choice. [email protected]; light weight. 160-200 lbs., god and choice, [email protected]: medium weights. 200-250 lbs., good and choice, [email protected]; heavy weights. 250-350 lbs., good and choice. $4 @4.20: packing sows, 275-500 lbs., medium and good. $3.60® 3.85: slaughter pigs. 100-130 lbs., good and choice. [email protected]. Cattle—Receipts. 2.000; calves. 800; beef steers and yearlings dull and weak: all cows, strong; heifers in very narrow demand: bulls weak and vealers strong; plain short fed steers comprising bulk of run. these eligible to ss® 6.50 mostly. Slaughter cattle and vealers— Steers. 600-900 lbs., good and choice. $7.25 @11; 900-100 lbs., good and choice. $7.25® 12: 1100-1300 lbs., good and choice. $7.25@ 12; 1300-1500 lbs., good and choice. $7.50® 12; 600-1300 lbs., common and medium. [email protected]: heifers. 550-850 lbs., good and choice, [email protected]: common and medium. s3® 6: cows, good and choice. $3.50@5; common and medium. [email protected]: low cutter and cutter, [email protected]; bulls, yearlings excluded, good and choice beef. [email protected]; cutter to medium. $2.50@4: vealers. milk fed. good and choice. $607.50; medium. $4.50@6; cull and common. [email protected]. Stocker and feeder cattle—Steers. 500-1050 lbs., good and choice. $4.75@6; common and medium. $3.75@5. Sheep—Receipts. 18.000: not fully established: few sales weak to 25c lower: good and choice lambs. [email protected] to packers: closely sorted kinds bid $5.85 by outsiders. Slaughter sheep and lambs--Lambs. 90 lbs. down, good and choice. $5.25 @6.10: medium. [email protected]; all weights, common. [email protected]: ewes. 90-150 lbs., medium to choice, $1.50@3: all weights, cull and common. $1.25@2. Feeding lambs Feeding lambs. 50-75 lbs., good and choice. $4.50@5. By United Press CINCINNATI, Dec 11.—Hogs—Receipts, 3.400; held over 700; closed active, generally steady; better grade, 160-235 lbs.. [email protected]; mostly $4.50 on 225 lbs. down; 240-300 lbs., *[email protected]; 120-150 lbs., s4® 4 25; bulk sows. $3.25: a few lightweights, *3.50. Cattle—Receipts. 550; calves, 200: slow, steers and heifers on a weak peddling basis: common and medium grades, $3.50®6; mostly [email protected]; a few better finished yearlings, $6.25@6 50; other classes about steady; beef cows. $3.20@ 3.75; low cutters and cutter cows. $1.75@3; bulls weak, [email protected]: a few $3.75; vealers active, mostly 50c higher; spots up more on lower grades considering sorts; better grades. [email protected]: others, $7.50 down. Sheep —Receipts. 700; steady; better grade ewe and weather lambs mostly $6; best quotable $6.25; common and medium, [email protected]; sheep, receipts $1.50 down. P • Ur "‘rd Press EAST BUFFALO. N. Y„ Dec. 11—Hcgs on sale 4.800; very slow, stattered sales, 10@15c under Thursday’s average; 170-210 lbs.; $4.50: some held. $4.60: 230-260 lbs.. S4 [email protected]: 120-150 lbs.. [email protected]. Cattle - Receipts. 400: slow peddling trade; about steady: few heifers. $7.25; common steers and heifers. [email protected]: cutter cows. $1.25 @2.50. Calves—Receipts. 500; vealers. active. steady; $8.50 down. Sheep-Receipts. 3.600; lambs, draggy: generally 25c lower: good to choice. [email protected]: medium kinds and strong weights. $5.50; throwouts. $4.75@5. Py United Press LAFAYETTE. Dec. 11—Hogs—Market. 5 @ 15c lower: 160-200 lbs.. S4: 200-225 lbs.. $3.95: 225-250 lbs.. $3.90: 250-275 lbs $3 8a; 275-300 lbs.. $3.80: 300-350 lbs.. *3.75: 140160 lbs.. $3.85; 120-140 lbs.. $3.70: 100-120 lbs.. $3.60: roughs. 53.25 down; to calvts. $7: top lambs. $5.50. By T'nited Press FT WAYNE. Dec. 11.—Hogs—Market. 5c lower: 100-140 lbs.. $3.90: 140-160 lbs.. s■*: 160-200 lbs.. $4.10: 200-200 lbs.. $4. 2to- - lbs.. $3.90: 300-350 lbs.. $3.80; roughs. $3.25; stags. 52.10: calves. $8: lambs. $5 P,y United Press PITTSBURGH, Dec. 11.—Hogs—Receipts, 1.800: market, slow, weak to 5c lower; 160250 lbs.. $4.50*/ 4.70; 2ao-320 lbs.. $4.25® 4 50’ 130-160 lbs., [email protected]; 100-130 lbs., $3.5005 4; packing sows about 25 c lower at $3.50 downward. Cattle—Receipts, 75; market, nominal; calves, receipts, 100; better grade vealers. steady; good to choice vealers. [email protected]; lower grade, weak. Sheep—Receipts. 2.000; lambs, steady to weak: good to choice, 65-85-lb. weigh’ts. [email protected]: heavier weights. ss® 5.50; common to medium, [email protected]. By United Press CLEVELAND. Dec. 11.—Hogs—Receipts, 1,200; holdover, none; steady to 15c lower; mostly 5® 15c down; 160-230 lbs.. $4.50: 240-3i2 lbs.. $4.35; rough sows. *3.50; light lights and pigs. $4. Cattle—Receipts. 6i5; supply common light steers excessive; no chance for clearance: common to medium, $4.60@ 7, king unevenly under Monday; bulk, $5 downward: expanded run reactor cows, undertone weaker; calves, receipts. 150; choice vealers-. strong to higher: others “catchy” steady: good to choice, 58.50@9: few, $9.50; cull to medium, s4@7. Sheep—Receipts. 500; lambs, steady to weak; bulk good to choice, [email protected]; throwouts ana heavies. [email protected]. Church Club to Give Play “And He Came to His Father” will be presented by the Third Masque Dramatic Club in the Third Christian church, Sunday night. W. Harold Crays will have the leading part. Others in the play are: Gwendolyn Schort, Fred Winters. Milton Wolfe, Kenneth Lemons, Helen Lesher, Iris Crays, Florence Coffman, Gertrude Newman, Frank Lemons, Hugh Thatcher and Burris Adams.
Dow-Jones Summary
New York cables opened in London at 3.32 against 3.29%: Paris, checks 84.437; Amsterdam. 8.2187; Italy. 64.375. and Berlin. 14.00. Federal Light and Traction Company and subsidiaries in twelve months ended Oct. 31. profit amounted to *2.037.979 after taxes, charges and preferred dividends ot subsidiaries. but before depreciation, against *2.213.425 in same period of last vear; October profit $180,148 before depreciation, against $201,561 in October. 1930. Exchange Buffet November tales amounted to $38,494 against $456,939 in : November. 1930; eleven months of fiscal year $2,859,411 against $3,460,814. | International Telephone and Telegraph j Corporation declared a dividend ot 15 : cents; three months ago dividend of 25 cents was paid; company reports for quarI ter ended Sept. 30. net income of $1,131,684. eaual to 18 cents a share, against $3,438,513. or 51 cents a share in like quarter of 1930, nine months' net income $6,591,978 equal to $1.03 a share, against ; *10,265.344. or $1.55 a share in 1930 period. B. F Keith Corporation and subsidiaries : in six months ended June 30. 1931. net i profit amounted to *406.566 after charges : and federal taxes. Daily average volume of federal reserve bank credit outstanding in week ended Dec. 9, $1,932,000,000, decrease of $14,000,000 from preceding week, but an increase of $832,000,000 over like week of 1930. Acme Steel Company declared the regular quarterly dividend of 40 cents, placing stock on *1.60 annual basis, against $2 previously. Parke Davis Company declared an extra dividend of 20 cents and regular quarterly of 25 cents. Postal Telegraph and Cable net loss in September quarter amounted to $583,685 against net loss of $95,758 in third Quarter 1930: nine months net loss. $1,247,675 against net income of $219,063 in first nine months of 1330. Canadian National Railway first week in December gross eaualed $3,163,980 against $3,694,201 in same week of 1930; from Jan. I to Dec. 7. gross amounted 1 to $167,026,554 against $210,737,408. Net operating income of 171 class 1 railroads reported to I. C. C. in October was $64,020,074 against $112,386,240 in 1930: ten months $472,306,293 against $773.287.275. Pacific Telephone and Telegraph Company Including subsidiaries. October operating income amounted to $1,081,359 against $1,188,796 in October, 1930; ten months $11,558,246 against $12,850,999. Alton Railroad Company November deficit after charges eaualed to $206,797 against deficit of $550,498 in November. 1930: eleven months deflicit after charges amounted to $2,495,718 against $3,932,665. Chicago Towel Company declared the regular quarterly dividend of $1.25 on common and $1.75 on preferred stock, both payable Jan. 2, of record Dec. 1. Money in circulation in week ended Dec. 9 totaled 55.507.000.000. a decrease of $2,000,000 from Dec. 2. but an increase of $951,000,000 over Dec. 10. 1930. Burnswick-Balke - Collender Company omitted auarterlv dividend of $1.75 due on cumulative preferred stock at this tim?.. Produce Markets Eggs (country run)—Loss oft defivered In Indianapolis. 22 0; henery quality No. 1. 25c: No. 2. 15c. Poultry (buying prices)—Hens weighing 5 lbs. or over. 16c: under 6 lbs.. 15c; Leghorn hens, lie; broilers, full feathered. 3’/a lbs. and up. 13c: bareback. He; Leghorn broilers, lie: spring chickens. 4% lbs. and up. 14c; under. I3c; old cocks. 7@Bc; ducks, full feathered. 9c; geese, 6c. These prices are for No. 1 top quality quoted by Kingan & Cos. Butter (wholesale) —No. 1. 30031 c: No 2 28@29c. Butterfat —28c. Cheese (wnolesale selling price pei pound)—American loaf. 23%c; pimento loaf 25%c; Wisconsin firsts. 19c; Longhorns. 19c: New York Umberger. 30c. By United Press CINCINNATI, 0., Dec. 11.—Butters—steady; creamery in tub lots according to score 24@28c; common score discounted, 2c to 3c; packing stock, No. 1 20c; No. 2. 15c; No. 3. 8® 10c; butter fat, 24@26c. Eggs —Lower: cases included; extra firsts, 26c; firsts, 24c; seconds, 20c; nearby ungraded, 25c. Live Poultry—Thin and coarse stock sells only at heavy discount; fowls 5 lbs. and over, 16c; 4 lbs. and over. 14c; 3 lbs. and over. 12c; Leghorns, 3 lbs. and over, 12c; rosters. 10c; broilers colored 1 lb. and over, 18c; IV2 lbs. and over, 18c; 2 lbs. and over, 18c; fryers 3 lbs. and over 16c; partly feathered, 10c; Leghorn broilers 1 lb. and over 16c: IV2 lbs. and over, 16c; 2 lbs. and over 15c; Leghorn stags, 12c; black springers 10c; roasting chickens 4 lbs. and over 16c; ducks under 3 lbs. sell at liberal concessions; ducks white 4 lbs. and over 14c; under 4 lbs., lie; colored 4 lbs. and over. 14c; under 4 lbs., 11c; under 8 lbs., 17c; slips, 15c; spring guineas, lVa lbs. and over. 15c; 2 lbs. and over, 20c; guineas old, 10c: turkeys No. 1, hens, 8 lbs. and over. 24c; voung Toms No. 1. 10 lbs., and over. 24c; No. 1 old Toms. 21c: Young Toms over 15 lbs., 23c; crooked breasted. 18c: No. 2,18 c; hen turkeys under 8 'bs. and Toms under 10 lbs. sell at liberal concessions. By United Press NEW YORK. Dec. H.—Potatoes—Market, steady: Long Island. 75c®52.10 barrel: New Jersey. [email protected] basket: Idaho. [email protected] sack: Bermuda. ss@lo barrel: Maine. $1.50 @1.90 barrel: Canada. $1.40®1.50 barrel. Sweet potatoes—Market, dull; Jersey, baskets. 50t®51.13: Southern baskets, 40® 50c. Flour —Market, dull: spring patents. $4.25®4.40. Pork —Market, steady; mess. $18.50. Lard—Market, steady; middle west spot. .061®.062c. Tallow—Market, auiet: special to extra. ,03%®.03%c. Dressed poultry—Market, steady; tijrkevs. 21®34c; chickens, 16@33c: fowls. ■ 10@25c; broilers, 16®30c: capons. 20@38c: ducks. 12@20c; Long Island ducks. 19c. Live poultry— Market, dull: geese. 15@18c: ducks. 19®22c: fowls. 12@22c: fowls. 12@21c: turkeys. 20 @2Bc: roosters. 10@llc: chickens. 12@21c: broilers. 13®26c: capons. 24@28c. Cheese —Market, quiet; state whole milk fancy to special. 13%®18c; voung America. 14%® 15c. By United Brest CHICAGO. Dec. 11.—Eggs—Market, unsetled: receipts. 2,578 cases; extra firsts, 27c; firsts, 25c: current receipts, 22@24c; seconds, 12@17c. Buter —Market, unsettled; receipts. 10.118 tubs; extras, 30c; extra firsts. 27%@28c: firsts. 25®25%c; seconds. 24@24%c standards. 27c. Poultry —Market, weak receipts. 1 car fowls. 13® 15c: springers. 15%@16c: Leghorns, 12c; ducks. 13® 17c: geese, 13c; turkeys, 18@ 23c: roosters. 10%c. Cheese—Twins, 13® 13%c: voung Americas. 13%@13%c. Potatoes—On track. 195; arirvals, 74c; shipments, 552; mprket, dull: steady; Wisconsin round whites. 80@85c Idaho russets, [email protected]; Nebraska triumphs, slßo® 1.10. By United Press CLEVELAND. Dec. 11.—Butter—Extras, 34c; standards. 31c; market, firm. Eggs— Extras. 29c; firsts. 25c; market, weak. Poultry—Heavy fowls, 19@20c; medium, 16 @l7c; Leghorn. 16@18c; heavy broilers, 16 ®18c; Leghorn broilers. 13@15c; ducks, 15 ®2oc; old cocks. 12@14c: geese. 13c; young turkeys. 26c; market steady, except chickens. which were Potatoes—Ohio, mostly 55c. few 60c per bushel sack; Maine Green Mountain, mostly sl.lO per 100-lb. sack; Idaho russet. [email protected] per 100-lb. sack. Local Wagon Wheat City grain elevators are paving 45c for i No. 2 red wheat and 45c for No. 2 hard i wheat. CHOIR TO PRESENT PLAY “Up at Minty’s” Will Be Given at West Michigan M. E. Church. Members of the choir of the West Michigan Street M. E. church will present a play, “Up at Minty’s,” at the church at 8 tonight. Members of the cast are Miss j Catherine Wollam, Miss Lorene Du- j ley, Mrs. William S. Diers, Francis Lee, Mrs. F. N. Chastain, Cecil Hart and Mrs. Clyde Steffey. John Spicer is director of the play and Miss Mildred Burnett, j reader. Music will be furnished by Mr. and Mrs. Roscoe Todd and Miss | Mary Morgan. PARLIAMENT ADJOURNS Houses of Commons and Lords Will Convene on Feb. 2. By United Press LONDON, Dec. 11.—The house of commons adjourned today until Feb. 2, with a provision for convening earlier if necessary. A labor motion demanding re-assembly on Jan. 4, was defeated overwhelmingly. The house of lords also adjourned ' until Feb.
WHEAT SHOWS WEAK TONE ON ‘ FOREIGN NEWS Irregular Securities Trade Is Factor in Early Sales. BY HAROLD E. RAINVILLE United Pres* Staff Correspondent CHICAGO, Dec. 11. Wheat opened unevenly lower on the Board of Trade today, but the losses were mostly in the minor fractions. Easiness at Liverpool and an irregular stock market were not encouraging ! to buyers, but selling was only scat- ! tered. Liverpool had a better demand, but prices dropped. Corn took its cue from wheat and was lower. Oats was easy in a dull trade. At the opening wheat was unchanged to % cent lower, corn was unchanged to lower and oats 14 cent off. Provisions were weak. Liverpool was lower than expected, although the drop in sterling was partially responsible for the to % pence decline by mid-after-noon, equal to 14 to % cent. Wheat is ruling erratic and follows the trend of stocks rather than news individual to itself. The cash corn situation is having a strengthening effect on the futures. Corn is moved westward from Kansas, Colorado, lowa and Nebraska to the Pacific coast and liberal amounts are said to have moved by gulf. Rains were general I this morning particularly in lowa. Oats traders spend most of their 1 time watching the major pits and | the market for the most part remains under the guidance of wheat. Operators are waiting for some incentive to move the market either way. Meanwhile, trade is running light. Chicago Grain Range —Dec. 11— WHEAT— Prev i__ High. Low. 11:00. close. j Mar 53 .53% .52% .53% I May 54% .54% .54% .55% July 53 .52 % .52% 53% CORN— Mar 38 .37% .37% .38% I May . .40 .39% .39% .40% July 41 % .40% .40% .41% | OATS—j Mar 24% ' May 25 .24% .24% .25% | July 24% .24% I RYE— Mar 41% May 42 .41% .41% .42% LARD—— Jan 5.62 5.67 May 5.85 5.82 5.82 5.90 By Times Special CHICAGO. Dec. H.—Carlots; Wheat, 11; com. 141; oats, 20; rye, 1, and barley, 11 By Times Special h>— Primary receipts: Wheat—s3B,ooo, against 1,030,000; corn, 300,000, against 991,000; oats, 116,000, against 189000. Shipments; Wheat—s6l,000, against 514,000; corn 193.000, against 419.000; oats, 76,000, aaginst 213,000. Cash Grain j —Dec. 10— „„n he * b iu s t°L. car lots of R r atn at the call of the Indianapolis Board of Trade f. o. b. shipping point, basis 41%c New York rate, were: Wheat—Steady; No. 1 red, 47@48c; No 2 red. 46®47c; No. 2 hard, 46@47c. Corn—Steady; No. 3 white, 28%®29%c: No. 4 white, 27%®28%c; No. 3 yellow 27® 4 y ellow - 26@27c; No. 3 mixed, 26@27c; No. 4 mixed, 25@26c. Oats—Easy; No 2 white, 21c@22'/4C; No. 3 white. 20V*®21%c. Hay (f. o. b. country points taking 23%c or less rates to Cincinnati or Louisville) Steady; No. 1 timothy. [email protected]; No. 2 timothy, [email protected]. —lnspections— Wheat—No. 2 red, 1 car. Total. 1 car Corn (new)—No. 3 white, l car; No. 4 white, 6 cars; No 2 yellow, 1 car; No. 3 yellow. 13 cars; No. 4 yellow, 26 cars; No. 3 mixed, 1 car: No. 4 mixed. 4 cars. Total. 52 cars. Oats—No. 3 white, 16 cars; No. 2 mixed. 1 car; No. 3 red, 1 car. Total. 18 cars. By United Press. De ?- e I P- — 03511 srain close; Wheat—No. 3 red. 53%c: No. 1 hard, 54%c; I Jss< 2 £ ar< ?' 5 4%@55c: No. 3 yellow hard. ' 5? /4C i No - 1 mixed. 53c: No. 2 mixed. 52%@ 53c: No. 3 mixed. 52%c. Corn—(New) No. 3 mixed. 35%®36c: No. 4 mixed. 34%c: No. 2 yellow. 37%@37%c: No. 3 yellow. 35% @37%c: No. 4 yellow. 32%®35%c: No. 5 vellow. 34c; No. 3 white. 35%@36%c: No. 4 white. 34%@35%c; No. 5 white. 33ic: (old) No. 2 vellow. 38 %c. Oats—No. 2 white. 24%@24%c: No. 3 white. 23%@24%c. Rye—No. 2. 45c. Bariev —40®59c. Timothy—[email protected]. Clover—sl4® 16. By United Press TOLEDO. Dec. 10. —Elevator ’prices; Wheat—No. 2 red. 59%@60%c. Corn—No. 2 vellow. 40%@41 tic. Oats—No. 2 white. 28%@29%c; old oats, premium. 3 to 4c. Rye—No. 2. 50c. Grain on track. 28%c rate. Wheat—No. 2 red. 54%@55c: No. 1 red. lc premium. Corn—No. 2 vellow. 35® 36c: No. 3 vellow. 33@34%c. Oats—No. 2 white. 25%@27c; No. 3 white. 24%@260; old oats premium, 3 to 4c. Clover—Prime. $9; February. $9.25: Marchh. $9.50. Aisike —Cash. $8.75; February. *9: March. *9.10. Butter—Fancy creamery. 32@33c. Eggs— Current receipts, 25®27c. Hav—Timothy per cwt. sl. Indianapolis Stocks —Dec. 11Bid. Ask American Cent Life Ins Cos. .1.050 Belt R R S Yds Cos com 27 32 Belt R R & Yds Cos pfd ..... 50 55 Bobbs-Merrili Cos 10 Central Ind Power Cos pfd 7%.. 60 70 Circle Theater Cos com 7% . 91 Citizens Gas Cos com 10% 22 Ctizens Gas Cos pfd 5% 94 99 Commonwealth Loan Cos 8%.. 100 Commonwealth Loan Cos 7%.. 97 101 Hook Drug com 9 Indiana Hotel Cos Clavpool.. .105 Ind Hotel Cos pfd 6% 100% . . ‘lndpls Gas Com 6% 53 58 Indpis Pwr Lt Cos pfd 6%... 84 94 Indols P Wei Ln Assn cm 8% .. 49% Indpis Water Cos pfd 5% 98% Pub Servos Ind 79? 80 Pub Servos Ind 6% 60 Metro Loan Cos 8% 101% . No Ind Pub Serv Cos pfd 6%.. .. 80 No Ind P Serv Cos pfd 5%%.. .. 75 No Ind P Serv Cos pfd 7% 85 Progress 16 ... E Raugh & 3 Fert Cos pld 6% 47 Shareholders Invest Cos Ter Haute Electric Cos pfd 6% 90 Union Title Cos com 6% 10 Van Camp Prod Cos Ist pfd.. 59 ... Van Camp Prod Cos 2d pfa.. .. ... Backstay Welt Cos com 14 Ind Pipe Line Cos 8 9 Link Belt com 19 21 Lvnch Glass Machine Cos com.. 13% 15% Noblitt Sparks Industrials Inc 15 18 Perfect Circle Cos com 27 29 Real Silk Hosiery Mills Inc ... 2 4 Real Silk Hosiery Mills pfd. 16 20 Standard Oil Cos (Indiana) ... 18 19% ! Ross Gear 18 20 Natl Title 8% 4 J D Adams Manufacturing Cos 12 14 •Ex-Dividend. BONDS Belt R R & Stky Yds Cos 4s .. 90 Central Ind Pr Cos 6s Citizens Gas Cos 5s 92 97 Citizens Stret Railroad 5s 23 Home T & T of Ft Wavne 6s 98 101 Indpis Power and Light Cos 5s 93 96 Indiana Service 5s 60 62 Ind Railway & Light Cos 55.. 85 Indpis Gas Cos 5s 92 95 Indols Street Rvs 4s 16 Indpis Trac Terminal Cos 55... 51 Indols Water Cos 5%s *53 98 102 Indpis Water Cos 5%s ’54 98 102 Indpis Onion 5s 95 26 Indols Wa Cos Ist lien ref 55.. 90 Indpis Water Cos 4%s 95 ... Interstate Pub Serv Cos 4V 2 5.. 77 79 Interstate Pub Serv ss. 93 99 Interstate Pub BCo ißi 6%5. .. .• ■ No Ind Pub Serv Cos M> 92 j Terre H T Si L 5s —Sales— Belt RR I Yds Cos pfd 10 sh at 50 I Belt R R 1 Yds Cos pfd. 12. It 49% Indols Pwr & Lt Cos 6%. 3 sh at 83 Indpis Water Cos pfd 5%. 10 sh. at... 100 j NEW TORK COFFEE RANGE —Dec. 10High. Low. Close. March 5.84 5.72 5.75 Mav 5.94 5.86 5.87 July 6.06 5.96 5.97 September 6.12 6.07 6.07 December 5.58 5.55 5.58 RAW SUGAR PRICES —Dec 10High. Low. Close. January 1.04 1.01 1.03 March 1.07 1.05 1.07; May 1.12 1.10 1.11 July 1.17 1.16 1.17 I September 1 24 1 23 1.24 December (1332) J. 30 1.29 1.30
Bright Spots of Business
By United Pre NEW YORK, Dec. 11.—Volume sales of ' the Great Atlantic and Pacific Tea ComI pany for the four weeks ended Nov. 28 ! were 4.6 per cent over the corresponding period of last year. BALTIMORE—Noxzeraa Chemical Comeompany president stated that tale* are 36 per cent ahead of a year ag, while profits have shown an increase of approximately SO per rent. NEW YORK—Filteen cities were added j to Eastern Air Transport passenger system during 1931. WASHINGTON Government officials ■ pleased with new move of banks to divest I themselves of securities affiliates as inj dicated by Bank of Manhattan Trust Company, action Thursday night. NEW YORK—Associated Gas and Elec- ; trie System November electrical output j 6.5 per cent ahead of November, 1930. MIDDLETOWN, N. Y.—New York. Ontario A Western railroad earned 81 cent* a share in the third quarter of this year, against 8(1 cents a share in the corresponding period of last year. PITTSBURGH—Ret ail trade during past week was stimulated by active holiday ! buying. WHEELING. W. Va.—Eleven hundred men to return to work Sunday evening in the Benwood plant of the Wheeling Steel Corp. NEW YORK—Electrical refrigerator sales this year approximately 33 1-3 per cent over 1930 output of 775.000 units, according to National Electric Light association. , 1 ■ • ■ 11 In the Cotton Markets ! (Bv Thomson & McKinnon) NEW YORK, Dec. 10.—Aside from a little professional selling and a few casual buying orders from the trade, nothing occurred in the cotton market this morning. The : range was less, and the volume 1 smaller than for any other day we recall for the entire year. There was a good turnover in actual cotton in the Liverpool market and the major part of it was American for the reason that we are underselling the rest of the world. The south isn’t saying much about acreage reduction, but our own advices are to the effect that the movement is gaining strength and will be much more of a serious matter than the trade believes at the present time. The same difference between spots and contracts exists and one need look no further for the reason w’hy so little is doing in hedge selling. CHIICAGO —Dec. 10High. Low. Close. January 6.09 6.00 6.09 ! March 6.26 6.17 6.26 I May 6.44 6.32 6.44 July 6.60 6.50 6.60 October 6.83 6.72 6.82 December 600 5.87 6.00 NEW YORK , High. Low. Close. January 5.93 5.88 5.95 March 6.17 6.07 6.15 I May 6.35 6.25 8.33 July 6.53 6.41 6.50 October 'i.75 6.67 6.75 December 3.90 5.85 5.90 NEW ORLEANS January 6.00 5.89 5.99 March 6.17 6.05 6.17 May 6.36 6.24 6.35 July, 6.52 6.40 6.52 ! October 6.74 6.62 6.73 j December 5.95 5.85 5.95 —— . Marriage Licenses Robert O. Livingston. 44, of New York City, salesman, and Edith V. Mclntire, 41 of Barton Hotel. Robert Ferriday Jr.. 26, of 3314 North Meridian street, P. R. Mallory Company and Edith Newcomb Fulton. 21, of 3520 North Pennsylvania street. Arthur Frederick Herman Mayer, 27 of R. R. 6, Box 112, farmer, arid Bertha Marie Dyer, 28, R. R. 4, Box 295, housekeeper. George Jackson. 32. 636 North Illinois street: and Rosa Mitchell. 22. of 3213 North Illinois street. Rex Constable. 24. chauffeur, 3422 East Twenty-sixth street: and Gladys Law. 20 beauty operator of 3422 East TwentySixth street. Lawrence Jones. 23. laborer, of 1519 Sheldon street, and Mary League. 17, of 1519 Sheldon^etreet. Jacob Davis. 21. machinist, of 630 Alton averme. and Annice Hamilton. 19. of 608 East Walnut street. Births Boy* Robert and Charline Berry, 240 Villa. Morris and Arthella Greathouse. 2519 Ethel. James and Bessie Hooser, 38 South Holmes. Frank and Florence Kelley, 302 Harris Ancel and Dolores Johnson, Coleman hospital. Walter and Katherine Southgate, Coleman hospital. George and Mary McNeil, 334 North Walcott Eugene and Beula Gray, 1116 North Capitol. Charles and Marie Bledsoe, 2341 North Arsenal. Felix and Dora Wright, 325 North Blake Henry and Sarah Riggins, 1422 South Sheffield. Carl and Viola Schaffer, 770 Haugh. John and Chanty Scott, 426 West Sixteenth place. William and Mattie Beldon 329 Pine Harry and Dorothy Stafford, 1425 Olive Wilbur and Fannie Garver, 505 South Holmes. Elmer and Elizabeth Wurzburger, 1122 West Twenty-ninth. Christie arid May Lam. 1567 Broadway. Te”th * nd Muriel P l ' l-5011 . 3701 East Girl* John and Margaret Friar, 2150 North Talbot.. David and Laura Long. 2218 North Capitol. Archer and Nora Eggers. 1708 Blaine. Wilbur and Gertrude Appel. Coleman Hospital. Herbert and Elnora Helmus. Coleman hospital. Frank and Freda Horne. Coleman hospital. Ferdinand and Clara Kemmerer. 913 East Minnesota. Howard and Ada Pate. 506 East Morris Julius and Clara Poindexter. 407 West Tenth. Herbert and Mary Downs. 1022 East Bates. Perry and Jennie Nelson, 1750 Boulevard Place. Raymond and Margaret Dodd, 230 Beauty. Dave and Haddie Hart, 2315 North Indianapolis. John and Gladys Patterson, 2602 Annette. Deaths James W. Cooney. 82. 1430 South Richland. chronic myocarditis. Anna E. Sink. 61. 1035 South Tremont arteriosclerosis. Charles R. Cook, 43. city hospital, acute myocarditis. Alma Brown. 53. Long hospital, diabetes mellitus. Louise Yagerline. 62. 415 South Grace chronic myocarditis. Charles Tavlor. 20. 535 Agnes, oulmonarv tuberculosis. Marion F. Yaw. 57. citv hospital, cardio vascular renal disease. Bell Burrus. 53. 2419 Ethel, lobar pneumonia. Mary E. Gellert. 71. Virginia avenue, accidental. August Schwert .59, St. Vincent’s hospital. lobar pneumonia. Douglas Vickerv Cook. 29. St. Vincent’s hosoitalv. acute interstitial nephritis. Ira E. Dunlaw. 70. 1943 College, carcinoma. Carl Vincent Confer. 45 5046 East Michigan. cerebral hemorrhage. Dillard G. Smith. 77. 5005 English, arteriosclerosis. Elizabeth Joann Ebbler. 7 mo.. St. Vincent’s hospital pneumococcic meninglits. Heinry H. Merrill. 79. 247 North Hamilton. chronic myocarditis. Wavne Earle Steele. 7 mo.. Rilev hospital. lobar pneumonia. Malissa Ann Utterback. 79. 937 Laurel, chronic nephritis. Building Permits John Longwell, basement, 901 Greer, $l5O. Schmidt Sc Smith, repairs, 810 West Pratt. SIOO. Union Trust Company, reroot. 3114 North Meridian. $1,048. Sea Ferguson, heating. 244 West Vermont. $2,800. J. W. Davidson, repairs, 2231 North Dearborn. SBS. Jose Balz Realty Company, dwelling and garage. 6486 Broadway, $3,250. In the Air Weather conditions at 9 a. m.: Southwest wind, twenty-five miles an hour; temperature, 62; barometric pressure, 29.66 at sea level; ceiling:, high and lower scattered clouds, unlimited; visibility, twelve miles; field, wet. b
DEC. 11, 1931
the times Want Ad Headquarters Transient Rates ! c *Pted is Number Insertion* Per linY*p,.r C ?! h One Time ’ " U Per V. 1 * 3 consecutive rimes ..." ’jg •** 6 consecutive times ....! ij Rooms, Etc. Charge Based on Two Liner 5 lines, one time £ 7 h * r * e 2 lines. 3 times '7O 2 lines. 6 times 1 12 l'<io Discounts Ads may be phoned in and charged if th. advertiser is listed in the Phone director* or is identified and accepted by the credit department. creait A DISCOUNT Os ONE CENT FOR LINE is given to transient adVertAe£ paving their bill within ONE week billing. Advertisers are asked 10 take vantage of this discount. Deaths, Lost and Found, Etc. Death Notices. Cards of Thanks In moriams Lodge and Church Notice f7 7 and Found ads are charged at a 'rate nt 10 cents per line. 01 Situation Wanted. 2 Cents per Worn Minimum 12 Words. a ’ Want ads may be phoned ln as late es 11:15 A. M. for publication in the 2 no P. M. Home Edition on the same day ; Phone Service 8 A. M. to 9 P. M. Dai:?. Phone: RILEY 5551 ANNOUNCEHEHTS __ 3 Funeral Directors. Florists W. D. BEANBLOSSOM ~~ 1321 W. Ray BE. 1588 W. T. BLASENGYM Main office. 22*6 Shelby Bt. Branch office. 1634 W. Morrl*. Dr. 2570. EADES BROS. 1814 W. Morris. Be 4327 ~GRINSTEINER’S 1 522 E. Market RI. 5374 HISEY & TITUS 951 N. Delaware LI. 3828 WM. E. KRIEGER 1402 N. Illinois St. RI. 1243 J. cTwilson ’ ’ 1230 Dr. 0321-0322 GOODRICH FUNERAL HOME. 1611 N. Meridian. Ta. 1050. 4 Lost and Fonnd LARGE envelope containing diagrams, valuable to owner only. Lost Tuesday p. m . Maryland, Alabama. New Jersey or Massachusetts. Reward. Return to Harri* Upham, Circle Tower or call Hu. 1215 LOST —Small fox terrier. Answers to “Dee Dee.” Dark face and spot or. back. Vicinity 30th, College. Rew. Wa _ 1505. LOST—Dog. white with black spots longl haired male; name Ted; reward. 42 W. 11th. Apt. 16. Ri. 0654. SMALL PACKAGE —Newspaper cropped razor etc., lost on W. Indpis. car line LOST—Lady’s wrist watch at Apollo theater. Please call Hu. 4777. G. A. R. presidental pin; name"ingra ; fit on back. Li. 4183. Reward. MONDAY—Downtown, partial upper pfar with 5 teeth. Wa. 3015-W, Reward. LOST—-Small black silk umbrella w7th black, white handle. lr, 6421. Reward. LOST—Yellow and white Collie dog answers name ‘‘Laddie: 11 reward, lr. 5624. 5 Personals Old Gold —Gold Teeth Discarded Jewelry Will Pay Cash Standard Gold Smelting Cos. ; 4th Floor—23 N. Pennsylvania St. For Correct Time CALL RI. 6181 THEN LISTEN—ttit tt> Repaired; cleaned, lined. 3641 NL P U Jtv Illinois St., formerly of 1 Ea^t 36th St.—Ta. 4544, PILES removed wlthcuut pain, no anesthetic. no after effects, no IO6S ol time from work. For appolntm’t phone lr. 5344. PlLES—Cured without pain or loss cf time. Treatment Is modern and reliable. Call for appointment. Ri. 2737. BUILDING and Loan Association Sharc3 bought for Cash. DAMON SMITH. Clavpool Hotel. CTPIJ ar.d crippled children, given oxv ~ xv aurses care, prices right. Ta. 2203. PHOTO Timing Oils, any size. 50c;2 wits. ■special. Dr. 2655. 1221 Wade St. BUSINESS SERVICE 7 Business Services AVOID COLDS—Storm windows and metal weather strippings keen out drafts. Jh. 1263-M. BROWN'S magnetic paint will keep water from runlng Into celars. Li. 2298. GEN. REPAIRING—ReaI sewer man; leaky roofs, gutters, furnace colls. Ch, 2283-J. 7-A Moving, Transfer, Storage CLEAN FIREPROOF STORAGE—Where your goods are safe. Private lockers. Low rates, easy terms. Get our price on moving; guaranteed service. PARTLOW JENKINS MOTOR CAR CO. Call Ri. 7750. 419-23 E. Market St. STORAGE-OVERLAND HAULING Special prices on return loads, packing California shipments. Pool cars. Ri. 3628. Ri. 6561. Nights. Ch. 0699-W. OTTO J. SUESZ. TRANSFER-STORAGEl —Lowest price ever before quoted in city. Local ana long distance hauling. 1410 N. West St. Li. 1734. MOVING, $3 —You help, $1 less; quick. service; careful white men. Ch. 5480. MOVING —Hauling. $2 up: white men; anvthlng, anywhere, anytime, Ch. 2878 LOW-PRICED moving. Call for estimate. CHAS. COOMBS, 54 S. La Salle. Ch, 3391. CARLIN TRUCKING CO.—Cash, credit or furniture. He. 3829, Ch. 1702-J. STOT? A (TF, Reasonable rates; barOmiL/AVrIL gains ln furn. Ll. 8075. MOVING AND HAULlNG—Responsible white men. Call for estimate. Dr. 5629-M. 7-B Paperhanging and Painting PAPEJ4 HANGING—Special $2 up: samples If desired: painting. GRIFFIN. LI, 7235. HAVE your home papered for ChrirJmas' $4 per room. Ch. 2004. 7-C Plumbing and Heating BATH ROOM —Complete S6O: olumbmg At heating installed; reasonable. Ta. 4057 7-D Barber Shops LADIES’ contour bobs, facials (privacy). Mr. Davis, Midway, 124 E. Mkt. LI. 0259. INSTRUCTIONS 1° Schools, Colleges, Tutoring SPECIAL—6 Weeks free Instruction; voice, piano or pipe organ: only $2. No ithcr cost or obligations. Ir. 0056. HELP WANTED" HELP XMAS UNEMPLOYMENT! Employers can assist needy families by employing temporary help. The Times will publish Male or Female Help Wanted Ads FREE where a definite salary is paid. Just phone Riley 5551. 13 Help Wanted—Male WANTED—IO boys, not going to schoo! Steady work. Apply 955 Southeastern Ave. 8:00 a. m. WANTED—Experienced man who can -et type run and feed automatic press WARD PRESS. 4129 E. 10th St. ’ NICE basement room In exchange for firing furnace and light chores. 2020 N. 111. MEN and boys to hunt and trap furs FREE will buy them. 1904 E. Wash. 14 Help Wanted—Female WANTED—Housekeeper. white girl or woman: one who needs home Sm jj salary; adult family. Box A 287, SALESLADIES—Xmas cards nnv*it)^V best seller now. Call 629 People? Bank * 15 Wanted—Male or Female WANT piano player (popular music) for dancing classes, from 3 to 7 p m Tue°Pfer Butler student. C&H Mrs. Houser, Dr. 5661. mornlr.gv M gmn °on l oSi en *S an ea £ n cash commispartimflars 1 order *’ CaU Hl >- 1612 for 16 Situations Wanted W t %.£ a £; i ,or child during day" A-290 "x-Prlmary Teacher, Times
