Indianapolis Times, Volume 43, Number 185, Indianapolis, Marion County, 12 December 1931 — Page 11

fEC. 12. 1031.

■STEEL LEADS . STOCK SNARES TO NEW LOWS Break in Bonds Has Bearish Effect on List: Close Is Weak.

Average Stock Prices

Average of htirtv Industrials for Thursday 32.46 rfl 1.68. Average of twenty rails •7*Bl, off .78 Average of twenlv utilities 03 18. off .32. Average of forty bonds 78 53. off .72. BY ELMER c 7 WALZER Unitrn rres* I'lnsnelal Editor NEW YORK, Dec. 11.—Weakness in bank stocks, which sent many to new lows for the last few years, proved an insurmountable obstacle to a rally which got under way on the Stock Exchange today. Steel common dropped to anew sixteenyear low at 46Vs, off 2'* net, in the late trading, and the whole list resumed the decline. According to preliminary calculations, the Dow, Jones <fc Cos. industrial average stood at 79.62, oft 2.84 points, rail average at 35.09, off .72 point, and the utility average at 32.86. off .95 point. Sales totaled 2.400,000 shares, compared with 2,700,000 shares Thursday. High Grade Ronds Break Another factor of weakness which worked against the share market was a break of 1 to 6 points in domestic railroad and industrial bonds. Second grade issues went into new low ground. Even the highest grade. Issues, including American Smelting ss, were under heavy pressure. ‘ Oversubscriptioi cf the. $1,300,000,000 government loans proved too much competition for the listed issues and they sold lower. some making new lows. Grains and cotton moved against Ihe trend in financial markets. Wheat and corn closed with fair sized gains on reports Germany .was to take a large amount of the farm board’s grain. Cotton rose on i bullish week-end figures showing the visible supply decreasing and exports increasing. Volume Picks lip The stock market increased in activity ns the close neared and stock after stock plunged down. A few met support on selective investment, buying, but this was not .sufficient to turn the trend. Rallying tendencies in the afternoon were led by the railroad group. Various reports on the railroad wage meeting at Chicago and agreement among executives on a credit pool to aid weaker roads brought in short covering and the entire carrier list was brought above the previous closing levels. Late in the day private reports from Chicago indicated the railroad workers would not accept a pay cut. That meant, observers said, the roads would give a thirtyday notice on Monday that wages would be cut 15 per cent. Weak Spots Found Several weak spots were uncovered in various sections of the list and wide declines were registered, fine of these was Southern Railway Mobile Sc Ohio certificates which dropped 9 points to anew low at 11. Remington Rand second preferred dropped 14 points to 15 and Standard Gas and Electric 6 per cent preferred lost 14 :! i to 60. Utility issues were sharply lower at, intervals. United Corporation. Electric Power and Light and NorthAmerican were weak. Consolidated Gas met, sporadic support but lost, more than a point for the day. American Telephone came near its low for the bear market. • Transamerica dropped to a record low- on the prospect of a historic fight, for control of the company at the stockholders meeting in February. The Giannini faction has been making threats to overthrow the present regime, headed by Elisha Walker. Walker's group Thursday .issued a blast against the Giannini group, bringing the entire fight into bold relief to the detriment of the stock.

Bank Clearings

fvhtANAPOLIS STATEMENT —Dec. 11— TREASURY STATEMENT ' Dec. 11— „ „ Wet 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 St. Bernard) TRICES ARE TO 12 NOON C. S. T. —Dec. 11— Bid. Ask. Am Founders Corp com 1 1% Am A’ Gen Sec A 5 Am Inv Tr Shares 2% 2% Basic Industry Shares 2% ... Collateral Trustee Shares A 4% 4% Cumulative Trust Shares .. 3% 4 Diversified Trustee Shares A 7% ... Fixed Trust Oil Shsres ... 2 s * ... Fixed Trust Shares A 7% ... Fundamental Trust Shares A 3% 4% Fundamental Trust- Shares B 4% 4 s , Leaders of Industry A 3% .. Low Priced Shares 3% 3% Nation Wide Securities 3% 3% Selected Amerlca.n Shares 2% 3 Selected Cumulative Sharrs. 6’, 6’* Selected Income Shares . . 3% 4% Shawmut Bank Inv Trust ... 2 4 Std Am Trust Shares . 3% 3% Super Coro of Ant Trust Sh 3% 3% Trustee Std ml a 3% .. Trustee Std Oil B .. 3% 4% Unified Service Trust Shares A 7% 3 H S Elcr TJght St Power A. 17", 19% Universal Trust Shares 2% 3%

New York Bank Stocks

(Bv Thomson <fr McKinnon! —Doc. 11— „ , Bid. Ask. Brooklyn Trust 2no 210 Central Hanover l.'O 124 Chat* Nst'nnal 32 34 Chatham Phoenix Natl... 2-=i Chemtral 28* a Jo>, Cltv National 42'. Corn Exrhanee 67 70 Commercial 147 155 Continental 15’i. 17'S Fmnlre 20-’, First National 1.970 2.070 Guaranty 262 Jfifi Irvine 18% io% Manhatten * Cos Slh 33% Manufacturers M 4 35'-, New York Trust 80 *3 Public 20'a 22Vi Marriage Licenses Robert O. Llvlnfston 44. of New York Cttv salesman and Edith V. Mclntire. 41 of Barton Hotel , Perrldae 3r . 56. of 3314 North Meridian Street. P R Mallorv Company end Edith Neweomb Fu'ton 21, of 3520 North Pernsrlvanla street. Arthur Erederlek Herman Maver. 27 of K. R *. Box 119 farmer, and Bertha Marie Drer, 5* R. R. 4, Box 295. housekeeper. Oeorwa Jackson. 32. 63* North Illinois Street; and Rosa Mitchell, 22. oi 3213 North flu molt street . Rex Constable. 24. chauffeur. 3422 East Twenty-sixth afreet; and Gladvs Law. 20. beauty operator oi 3423 East TwentaElxth street.

New York. Stocks ' ntt Thomson St McKinnon By l nited Press NEW YORK. Dec. 11—Sales on the New York Stock Exchange today totaled 2.400.000 shares. Curb stock sales totaled 470,000 shares. — d+c. n Railroad*— Pr*V. . . Hish. Low. Close, close. Atchison .. 9H 84% 80*4 80m AM Coast Line.. 3 4’4 33% 33% 3? Balt St 0hi0... 20% IS 1 * 19V* 20% Chesa St 0hi0... 29 27% 27% 28 Chesa Coro ..... 20 ! * 13% is% 19% Chi Ort West.. 32% 3 2% Chi N West.... 8% 7 8 <*- C RIAc r 10’ a 9% 1014 1012 Del L At W 21 19% 21 21 Del At Hudson.. 72 70% 70’2 70% Erie 6% .5% 6 ft** Erie Ist 01d... 8% 7', 2 8 84a Great, Northern 20% 20 20% 20% Illinois Central... 11% 11% 111* 10% Kan City So 9 I,ou At Nash... 23 22 22', 2 22% M K At T 6 S’* S’* 6 Mo Pacific 9 7Vj 7% 9 Mo Pacific pfd. . 'B% N Y Central 28-, 26% 26% 27% Nickel Plate s', S 5 S', 2 N Y N H At H.. 20’, 19’, 19% 20*. Nor Pacific 18% 17' 2 17% IS 3 , Norfolk At West 122% 120 121 121% O At W fit, 6% 6% 6% Pere Mara 8 s 8 4 Pennsylvania ... 21’, 20 2o', 20 3 , Reading 38 37 Seaboard Air L.. % % Via % So Pacific 3331 31% 328, Southern Rv ... 9% 9 9A* 10 St Paul I’. Is*1 s * IS 174 St. Paul pfd ... 3', 2% 33 St L At S F 4 4'/a Union Pacific.. 77’ 3 73 73 78 Wabash 11% W Maryland ... S', 5% 8 8 West Pacific 174 Equipment!— Am Car Ac Fdy 6’ t 5% 6% S 3 , Am Locomotive. 8 S',4 S’* 57* Am Steel Fd ... 8 5 5 6 Am Air Brake S 1S 1 3 17'* 17'/* 18V a Gen Am Tank. 35 34% 347* 36 General El*c ... 257, 24'4 247, 25-’* Gen Rv Signal 2374 2 2 22 2474 Lima Loco 14 13 137a 13 N Y Air Brake 8% 8 3 *'/ 2 Press Stl Car I*/, IV, Pullman . ... 18'* 17% 177, 17 7 /* Westingh Ar B 13 3 , 1274 12% 13 Westlngh Elec.. 28’, 27', 277* 28% Rubber*— Firestone 13% 137* 13% 1374 Fisk ... 1* 1/*

Goodrich 4’, 4’ 4 3 * 4% Goodyear 17’ < 18’, ib 7 * 17'/ 2 Kelly fiprgfld .. 17, 1 1 Lee Rubber ... 2 U S Rubber .... 47* 4 4 4', Motors— Auburn 113 11174 112', 112'4 Chrvsler 13'* 12% 13 13 s * Graham Paige . 3’, 3% 374 37* General Motors 22 s , 21 7 21t 22% Hudson 10 s , lot, 10', jo% Hupn 4 V 4V* 4'i 4V* Mack 14 s , 14 14 15 Marmon .. 17. Nash 18 15'* 15 3 * 18" Packard 47, 4 41? 414 Pierce-Arrow ... ... 9 Reo 3’* 3*/* ’ 3 7 4 37,1 Studebaker .... 12'/ 2 12 12 12', Yellow Truck... 37, 3 3'* 3% Motor Access— Am Bosch q Bendix Aviation. 181, 15',4 15x4 18'i Borg Warner ... 10% io'-i, in 3 , ]O% Briggs 9% 9 9 a si Budd Wheel 3% 3>4 3% 31,.. Campbell Wv . iit Eaton 7 s , 7',4 ' 71 ’ 2 9 El Storage B 29 7 , 29’, 29V* 30 Haves Body 11* ji/ Honda, 31, 33 3v. Motor Wheel .. ss,5 s , S'4 5'A 53? Sparks W 2% 2 s * 2 s * 274 Stewart Warner. 5% 5 .v, 51/. Timken Roll 19% 18% 19 19% Minins — Am Metals S’, St* 5'4 514 Am Smelt 20"* !9 3 , 19 3 <4 30'/, Am Zinc 3 4 314 Anaconda Cop.. 11', 10 lot* lb 3 '. Cal Ac Hecla. .. 4 334 37* 374 Cerro de Pa3CO.. 1274 11 % HU 1 •>y. Dome Mines ... BV, 734 g 0 Freoort Texas.. 18 13' * 15'/* 16% Granbv Corn 6% 6 8 Bv, Great Nor Ore.. 12% 12 12 12% Howe Sound... 12 1 4 11% 12% 11% Int Nickel 8 7% 7'/" 7.74 Inspiration .... 3 7 * 3'/, 31A 334 Kennecott Con.. 11% 9’, 10 it'. Magma C0n...... a', 7% 77* 8 Mimai Copper... .3% 33 3'4 Nev Cons S',4 5 5 St, Texas Gul Sul.. 23', 22% 2?% 23% U R Smelt 14', 13 s , 13% 14% Oils— Amerada 15 1474 15 15=4 Atl Refining,... in 7 * 10% 107* 10% Rarnsdall 5% 4 s * 5% 57, Beacon ~. .. in Houston 47* 4 4 4% Indian Refining 1% Ohio Oil % 6% 87* gs, Mex Sbd ... 7% 6% 6% 7 Mid Conti 5% 574 5% 5% Pan-Amer B 22% . . Philiins s'/* 5 5 574 Pr Oil St Gas 6'/, 67* Pure Oil 34% 4% 5 Royal Dutch... 15% I'A 14% 14 Shell Un 3% 3% 3% 4 Simms Pt ... ... 5 Sinclair 5% 5 5 5% Skellv 3% 37* 3% 3% Standard of Cal. . 9a s ', 28% 28V* 28% standard of N J 30% 29% 297, 30% Roc Vac 11V* 10’4 10% 10V 2 Texas Cos 15% 14', 14% 15% Union Oil 137* 12% 12% 13% Steels— Am Roll Mills.. 10', 9% 974 1 0 Bethlehem 24% 21% 217* 24 Brvcrs A M 14 13% 13% 1474 Colo F'lel 7% 7% 7% 8 Cruc Steel '>B% 25 3574 25% Inland 22 21% 2'% 22 Lndium ... 8 8 McKecsnort, Tin 49 46% 47 48% Midland ... ... 9% Newton ... ... 3 ’4 Repub I Ac 5... 3% 4% 4% 57* TANARUS! S Rf eel 48% 45% 45% 48'/, Vanadium 13’. 12’., 13 13% Youngst S As W 8% 8% 8% 874 Youncst. 3 Ar, T 19% 20 Tobaccos— Am Sumatra.... ... 4% ... A T o b A 1 new' 72% 70% 70% 7?'4 A Toh R (new! 74 71% 71% 73% Con Cigars 22 22 General Cigar . 30 29% .70 Lie Ac Mvr (B).. 45% 48V, 46', 48% t orillard 13 7 , 13 13% 13% Reynolds Toh , 35% 35'* 35% 33% Ptd Com Tob 2 Toh Pr A 7% 6% 7 7% Tob Pr B 2% 27* 2% 2% United Cig ... ... 2 Utilities— AMtlbi 2% 3 Adams Exp .... 4 .3% 3 s * 4 Am For Pwr ... 7% 8% 8% 7'4 Am Pwr St L 1... 15% 14% 14% 15% A T As T 124'* 1227* 122% 123% Uni Gas A- E 1... 17% 16 187. 177* Dorn As Sou .... 4% 4 4 4 El Pwr As Li.... 12% 10% 10% 12% Gen Gas A 1% 1% 1% 1% Tntl T Ac T 9Vi 8% 8% 9>4 Natl Pwr Ac Li. 12% 11% U 7 * 12% No Amer Cos ... 3374 31% 31% 33% Par Gas As El.. 33% 33 33’* 33% Pub Ser N .1 ... 57% 54% 54% 57% So Cal Edison.. 30% 30% 3074 30% Std GA- El 31 % 29% 29% 30% United Corn ... 9% R% R% 9% TJt Pwr As L A.. 9 8% 8% 8% West Union 46% 44% 45 45 Shineine— Am Inti Corp... 6", 5% 5 7 * 6 N Y Slvp 47* 4 4 47* Atl Gulf As W I 14 Inti Mer M pfd 374 No Gm Llovd .... ... ... 7 United Fruit .. 23 22% 22% 2374 Food,— Am Sug 39 38% 38% 40 Armour A 1 1 Cal Pkg 9% 9 9V* 9% Can Drv 15% 14% 14% 15% Childs Cos 774 7 7 7 Coca Cola 109 107% 107% 111 Purity Bak 1374 12% 12% 1374 Cont Baking A.. 6 5% 5% 6 Corn Prod ... . 4174 4040 % 40% Crm Wheat 23'/* Cudahy Pkg 32 Cuban Am Sug. l 3 i 1% 1% p, Gen Foods 32% 30% 30% 32% Grand Union . . 8% 7% 8 BV* Hershev 78 76 76 78% •Tewel Tea 31 30% 30% 31' a Kroger 16 14% 14% 16% Nat Biscuit .... 40% 38% 39% 39% Pillsbury 21% 21% Safeway St ... 45 42% 43% 45% Std Brands . . . 17% 12% 12% ... Ward Bkg 9% Drugs— Coty Inc 9% 3% 3% 3*4

Lambert Cos 51 47 47% 5(1% Lehn ft Fink ... 29 19-% 19% 20 Industrials— Am Radiator ... 6% 5% 5% 6% Rush Term 16 is Certainteed 2% Gen Asphalt .12 19% 11 'ii% Lrhici' Port .... 6% <!% OtisYPev. 13 17% 17% 18% Indus Ch^ms— Allied Chem ... 72% 68% 8% 72 Com Solv 9% 8% 8% 8% Bn ion Carb 30% 39% 29% 29-% U S Ind A1c0... 29% 27% 27% 29 Retail Stores— Assoc Dry Gds. 7% 6% 6% 711 Gimbel Bros ... 32% 2 s * 3 Kresge S S 18% 17% 17% 18% May D Store ... 18% 17% 18 18% Mont Ward 8 7% 7% 8% s * 36 ft 30 Schulte Ret St 4 4 Sears Roe 35 33% 34 34% Wool worth 43% 41% 41% 43% Amusements— Bruns Balke 33% Col Graph 3% 33 2% Crosley Radio 32% 2% 3 Eastman Kod . 85% 82 82 84% Fox Filin A .... 3% 33 3% Grigsby Gru 1% 1% Toews Inc 39% 26 26 32% Param Fam .... 8-’ 7% 7% Radio Corp 5% 5% 5% 5% R-K-O 1 1% 1% 1% 1% Warner Bros ... 2% 2% 2% 3% Miscellaneous— Airwav Adp ... 1%. 1% 1% 1% Citv Ice & Fu... 28% 26 28% 29% Congoleum . . 9% 9% 9% 9% Am Can 63% 60% o% gi% Cont Can 33% 32% 32% 33% Curtles Wr 1% 1% 1% Jl,' Gillette SR ... pi, !,% , a j 2 * Real SUk 3% 2 2 2% Un A’-O.t 14% 11 s , 12 13% Tut Wrv .... 35% aa qg J I Ce*, . 39% 37% 37% 37% Builrlina Permits John Longwell. basement. 991 Greer *l5O. Srbmtdt & Smith, repairs. 819 West Prtt, SIOO. Union Trust Company, reroof. 3114 North Meridian $1,948. Sea Fercuson, heating. 244 West Vermont, 52.800 3. W Davidson, repairs. 2231 North Dearborn. *BS. Joae Bair, Realty Oorapanr dwelling and garage. 64W Broadway, *8.250.

SELLING SENDS PORKER PRICES DOWN 5 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 $4.10 to $4.25: early top holding at ; $4.25. Some were held higher. Rej ceipts were estimated at 6,000; holdovers were 242. Cattle trade was nominal, she stock holding steady. Receipts were 300. Vealers showed no change with prices steady at $3 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 j 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 rei ceipts, 2,000; calves 800; steady. Sheep 18,000, steady. HOGS C sf c - .. Eariv Top. Receipts. 4. $4.30(3 4.35 $4.35 8.000 is. 4.10(3! 4.25 4.25 2.500 7. 4.20(3; 4.35 4.35 8.000 8. 4.25® 4.40 4.40 8.000 10. 4.15(3: 4.30 4.30 7.000 I %. 4 15-3. 4.30 4.25 8,000 Receipt*. 6,000; market, lower, j (140-160) Good and choice.. . .$4.20 i ... .. —Light Lights—-(l6o-130) Good and-choice.... 4.25 I „„„ —Light Weights—-(l3o-200) Good and choice.... 4.25 (200-220) Medium and good.. 4.20 „„„ --Medium Weights—- ! (220-250i Good and choice.... 4.15® 4.20 | (250-290) Medium and good.. 4.10 „„„ „„„ —Heavy Weights—-(29o-3501 Good and choice.... 4.05® 4.10 ..... —Packing Sows—• (350-aOO) Medium and good.. 3.25@ 3.85 (100-130i Slaughter pigs 4.00 CATTLE (SLAUGHTER CLASS) Receipts, 300; market, steady. —Steers— Good and choice * 7.35®11.00 Common and medium 3.50® 7.25 „ J , G.IOO-1.500) Good and choice 7.25(311 25 Common and medium 5.00® 7.25 —Heifers—-(soo-850) Good and choice 6.00® 9 00 Common and medium 3.00® 6.00 —Cow*— Good and choice 3.50® 5 00 Medium 2.75® 3.50 Cull and common 1.50® 2.75 —Bull* (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® 8.50 Common and medium 2.50® 4.50 —Stockers and Feeder Steers— Good and choice 4 25® 5 25 Common and medium 3.00® 4 25 _ . . (800-1.500) Good and choice 4.25® 825 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 1.25® 2 so Cull and common 50® 1.25 Other Livestock By United Pres* .CHICAGO, Dec. 11.—Hogs—Receipts 40.000 including 20.000 direct! flirlv active' .^® ad . v . strong: 170-2CO lbs.. $4.15®4.20: t r?? c5 4 - 25: 14 ?- 160 lbs- 53.75®4: pigs $3.25 sows. 53.65®3.85; light LTfbts- 140-160 lbs., good and choice. [email protected]; light weight. 160-200 lbs.. god and choice $4®4.25: medium i/, 2 ®®"250 ihs.. good and choice. $4.15(a 4.20; heavy weights. 250-350 lbs.. choice. S4® 4.20: packing sows. 275-500 lbs., medium and good $3.60® 3 85: slaughter pigs. 100-130 lbs., good and choice, $3®3.75. 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 comoysing bulk of run, these eligible to ss® 6.50 mostly. Slaughter cattle and vealers—--5,t? 600 " 9 0° lbs., good and choice. $7.25 @11: 900-100 lbs., good and choice. $7.25 (it 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. S6(O 9.25: 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. [email protected]: medium. $4.50@6: cull and common. $3®4.50. Stocker and feeder rattle—Steers. 500-1050 lbs., good and choice. $4.75@5: common and medium. $3.75®5. sheep—Receipts. 18.000: not fully established: few sales weak to 25c. 'ower: 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. 53.50®4.50: 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. 54.50@5. By United Prns CINCINNATI. Dee 11.—Hogs—Receipts, 3.400; held over 700; closed active, generally steady: better grade. 160-235 ibs.. [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 weal: peddling basis: common and medium grades, 53.50®6; mostly [email protected]: a few better finished yearlings. $6.25@6 50: other classes about steady: beef cows. $3.25® 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. $8®8.50: 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 ' ()'' Vd Press EAST BUFFALO. N Y.. Dec. 11.—Hogs on sale. 4.800: very slow; scattered sales. lo@lsc under Thursday's average: 170-210 lbs.. 54.50: some held. *4.60; 230-260 lbs.. *4.25@ 4.40: 120-150 lbs.. $4®4.40. Cattle Receipts. 400: slow peddling trade: about steady: few heifers. $7.25: common steers end heifers. 54.25®5.55: cutter ctws. $1.25 @2.50. Calves—Receipts. 500: vealers. acfive. steady: $8.50 down. Sheep—Receipts. 3.600: lambs, dragvv: generally ?5c iowr: good to choice. [email protected]: medium kinds and strong weights. $5.50: throwouts. $4.75@5. F}t r ' '""ess LAFAYETTE. Dec. 11.—Hogs—Market. 5 315 c lower: 160-200 lbs. $4: 200-225 ’bs.. $3.95: 225-250 lbs . $3.90: 250-275 lbs.. $3.85: 275-300 lbs.. 53.80: 300-350 lbs.. $3.75: 140160 lbs.. $3.85: 120-140 lbs.. $3.70: 100-120 lbs.. $3.60: roughs. 53.25 down: to calves, $7; top lambs $5.60. By United Press FT. TAYNE. Dec. 11— Hoes— Market. $c lower: 100-140 lbs.. $3.90: 140-160 lbs.. *4: 160-200 lbs.. $4.10: 200-250 lbs.. $4: 250300 lbs.. 53.90: 300-350 lbs.. 53.80: roughs. $3.25; stags. $2.10: calves, $8: lambs. $5. By United Press PITTSBURGH. Dec. 11.—Hogs—Receipts, 1.800: market, slow, weak to 5c lower: 160250 lbs.. $4.50®4.70: 250-320 lbs.. $4.25® 4.50: 130-160 lbs., $4®4.35: 100-130 lbs.. $3.50®4; packing sows about 25c lower at $3.50 downward. Cattle—Receipts, 75; market, nominal; calves, receipts. 100; cetter grade vealers. steady; good to choice vealers. $7.50®8.50; lower grade, weak. Sheep—Receipts. 2.000; lambs, steady to weak: good to choice. 65-85-lb. weights. $5.75®6.25: heavier weights. ss® 5.50; common to medium, $3.25®5.25. 71)/ United Press CLEVELAND. Dec. 11.—Hogs—Receipts. 1.200: hPidover, none;, steady to 15c lower; mostly 5® 15c down; 160-230 lbs.. $4.50: 240-312 lbs.. $4.35; rough sows. $3.50: light lights and pigs, $4. Cattle—Receipts. 675; 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, $8.50@9: few. $9.50: cull to medium. s4@7. Sheep—Receipts. 500; lambs, steady to weak; bulk good to choice, $6®6.25: throwouts and heavies. [email protected]. By Times Special LOUISVILLE. Dec. 11.—Hogs—Receipts $00: steady: 175-240 lbs.. $4.f130; 240-300 'bs.. S4 : 300 lbs. uo. $3.40: 1175 lbs. down $3.90; packing sows. $2.40® 3.15: stags. $3.15. Cattl*—Receipts. 200: nominally steady; week's bulk butcher steers and heifers. [email protected]; slaughter cows and hulls. $3.50 down: light stockers. $5.50 down. Calves— Receipts. 200: market, draggv and not fullv established: few choice vealers eariv. $8; not enough done on others to make market. Sheep and lambs —Receipts. 100: steady top lambs. $6; buck lambs. $5; throwouts. $3 down: fat ewes, $3 down. Thursdav'r shipments—Cattl*. 87: no calves, hogs or sheen.

THE INDIANAPOLIS TIMES

Dow-J ones Summary

New York cables opened In London at 3.32 against 3.29%: Parts, checks 84.437; Amsterdam. 8.2187; Italy. 64.375. and Berlin. 14.00. Federal Light and Traction Companv and subsidiaries in twelve months ended Oct. 31. profit amounted to $2,037,979 alter taxes, charges and preferred dividends of subsidiaries. but before depreciation, against $2,213,475 in same period of last year: October profit *180.148 before depreciation. against *201.561 in October. 1930. Exchange Boffet November sale* amounted to $38,494 against $<58,939 in November. 1930; eleven months of fiscal Tear >2.859,111 against *3.(60.814. International Telephone and Telegraph I Corporation declared a dividend of 15 ; cents; three months ago dividend of 25 i cents was paid; company reports for quarter ended Sept. 30. net income of *1.151.t 684. equal to 18 cents a share, against : *3,438.513. or 51 cents a share in like quarter of 1930; nine months' net Income *8.531.978 eaual to *1.03 a share, against I $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. Dally average volume of federal reserve bank eredit outstanding in week ended Dee. 9. *1,932,000.000, decrease of $14,000,000 from preceding week, but an inereaae of *832,000.000 oyer like week of I 1930, ! , Acme Steel Company declared the regui quarterly dividend of 40 cents, placing ! previously *nhual basis, against $2 ! Ji p ¥ ke J D ? v is Comoanv j declared an extra dividend of 20 cents and regular quarterly | of 25 cents. | Postal Telegraph and Cable net loss in j September auarter amounted to *538.685 j against net loss of $95,758 in third quar- | ter 1930: nine months net loss. $1,247,675 against net income of $219,063 in first nine ' months of 1930. Canadian National Railway first week | in Deeer oer gross equaled $3,163,980 against *3,694.201 in same week of 1930; from Jan. 1 to Dee. 7, gross amounted to *167,026,554 against *210.737,408, Net operating inedme 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 equaled to $206,797 against deficit of *550.498 in November. 1930; eleven months defiicit 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 nrefe.rred stock, both payable Jan, 2. of record Dec. 31. Money in circulation in week ended Dec. 9. totaled *5.507.000,000. a decrease of i $2,000,000 from Dec. 2. but an increase of 1 *951.000,000 over Dec. 10. 1930. Burnswick-Balke - Collerider Companv omitted Quarterly dividend of $1.75 due on cumulative preferred stock at this time.

Produce Markets

Eggs (country runi— Loss off delivered in Indianapolis. 22c: benery quality No. 1. 25c; No. 2. 15c. Poultry (buying prices)—Hens weighing 5 lbs. or over. 16c: under 5 lbs., lac; Leghorn hens, lie; broilers, full feathered. 3V2 lbs. and uo. 13c; bareback. 11c: Leghorn broilers, lie: spring chickens. 4% lbs. and up. 14c: under, 13c; 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. 30@31c: No 2. 28® 29c. Butterfat—2Bc. Cheese (wholesale selling price pei pound)—American loaf. 23 3 ,ic; pimento loaf. 25%c; Wisconsin firsts. 19c; Longhorns. 19c; New York iimberger. 30c. By United Press CINCINNATI. 0., Dec. It.—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®;I0c; 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; 1% 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: 1% 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., 11c; colored 4 lbs and over. 14c; under 4 lbs., 11c: under 8 lbs.. 17c; slips. 15c; spring guineas, 1% lbs. and over. 15c: 2 lbs. and over, 20c; guineas old. 10c: turkeys No. 1. hens, 8 lbs’ and over 24c; voung Tonis No. 1. 10 lbs., and over. 24c; No. 1 old Toms. 21c; Young ?<? ms *, ove £ I 5 ,bs - 23< u crooked breasted, ,Br J-- so - 2 - 18c: hen turkeys under 8 lbs. and Toms under 10 lbs. sell at liberal concessions. By United Press NEW YORK Dec. 11 -Potatoes-Market. : J?”? Island. 75c®52.10 barrel: New Jersey. $1.2a®1.00 basket: Idaho, s2®2so ®* rn tuda. ss®lo barrel: Maine. $1.50 ®1.90 barrel: Canada. $1.40®1.50 barrel. Sweet potatoes—Market, dull; Jersey, 50c51.13: Southern baskets. 10® Market, dull; spring patents, 5io 2 efP 4 't°' j Pojk—Market, steady: mess. $18.50. Lard—Market, steady; middle west, soot. ,[email protected]. Tallow—Market, quiet; special to extra. .03%®.03%c. Dressed poultry—Market, steady; turkevs. 21®34c; chickens. 16®33c; fowls. 10@25c; broilers. 16®30c: canons. 20@38c; ducks. 12®20cLong Island ducks. 19c. Live poultry— Market, dull; geese. 15® 18c: ducks. 19.®220fowls. 12®22c: fowls. 12® 21c: turkevs. ?0 ®2Bc; roosters. 10®llc; chickens. 12®21cbroilers. 13®26c: canons. 24®28e. Cheese —Market, ouiet: state whole milk fanev to special, 13%®18c: young America. 14%@ 15c. By United Press CHICAGO. Dec. 11.—Eggs—Market, unsettled: receipts, 2.573 cases; extra firsts. 27c; firsts. 25c: current receipts. 22®24c; seconds. 12@17c. Butter—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; sprineers. 15%®16c: Leghorns, 12c; ducks. 13®17c: geese. 13c: turkevs, 18® 23c: roosters, lOVic. Cheese—Twins. 13® 13Vic; young Americas. 13%®13%c. Potatoes—On track. 195; arrivals, 74: shipments. 552; market, dull: steady; Wisconsin round whites. 80®85e Idaho russets. *[email protected]; Nebraska triumphs. sl.Bo@ By United Press CLEVELAND, Dec. 11.—Butter—Extras, 34c: standards. 31c; market, firm. Eggs— Extras. 29c; firsts. 25c: market, w-eak. Poultry—Heavy fowls. !9@2oc: medium, 16 ®l7c: Leghorn, 16@18c; heavy broilers, 16 @18c: Leghorn broilers. 13®15c; ducks, 15 ®2oc: old cocks. 12®14c: geese. 13c; voung turkeys. 26c; market steady, except chickens, which were weak. Potatoes—Ohio, mostly Sac. few 60c per bushel sack: Maine Green Mountain, mostly si.io per 100-lb sack: Idaho russet. *2®2.25 per 100-lbi sack.

Local Wagon Wheat

City grain elevators are paving 46c for No .2 red wheat and 46c for No. 2 hard wheat.

Mew York Curb Market

(By Thomson & McKinnon) —Dec. II Close.! Close Alum Cos of Am 55%11nt Pet 8% Am Cynxmid .. 3% Mead Johnson. 47 Am Gas St El.. 37%’Midwest Ut 7% Am Lt & Trac 23% Mo Kan Pipe.. 1% Am Sup Pwr .. 3% Mt Prod .. .... 3% Ark Gas A .... 2Vg Nat Inves 2% Ass Gas & El.. 5 INat Avia 2% Braz Pwr & Lt. 9 Nat Sqreen 18 Can Marc .... 1 INewmont Min... 1 Cent Sts Elec.. 1% Nia Hud Pwr.. 6% Cities Serv 6% Niles 8% Con Gas of Bal 61%Penroad 3% Cord 6% St Regis Paper. 3% Deere & C 0... 10 iSel Indus ...... l Elec Bnd St Sh 11%!Shenandoah ... 1% Gen Avia 2% S Penn Oil .... 13 Ford of Can .. 10%IS Union Gas .. 1% Ford of Eng .. 5 IStd of Ind .... 17 Fox Thea % Std of Ohio 34% Goldman Sachs 2 Stutz in Gulf Oil 37% Trans Air Trans 3 Hudson Bav .. 2% Un Gas A . .2 Humble Oil .. 47% TJn Lt St Pwr.. 6% Imp Oil of Can 8% Un Ve-de 3 s , Ind Terr A 6 Ut Pwr B !. ji, Insull Ut 8% Van Camp .... 2% Int Super 10 United Fndr=... 1% Other Livestock By u f* Vd Press TOLEDO. Dec. II —Hogs—Receipts. 200: market. 10 to 15c lower: heavies. *J.SC® 3.75: mediums. *3.90®4.10: Yorkers. *3.50® 3.75: pics. *[email protected]. Cattle—Receipts, light; market, slow. Calves—Receipts, fight: market, steady. Sheep—Receipts, light; market, stow.

WHEAT SHOWS SMALL GAIN AT SESSION'S END Australian Crop News Is Bullish Factor Late in Day. BY HAROLD E. RAIVYILLE United Press Staff Correspondent CHICAGO, Dec. 11.—Wheat shook i off the depressing influence of the stock market, at least for the time ! being, on the Board of Trade today and scampered upward for nearly a full cent gain under the influence of news rapidly turning decidedly bullish. Australian and Argentine crop comments were less favorable and winter wheat acreage was reported sharply lower. Eastern houses were on the buying side after a week of selling. Export sales were small but inquiries were more numerous with prices around a world parity. Corn j recovered with wheat, but was i draggy. Oats rose above the previous closing levels on the strength in wheat. Wheat Closes Higher At the close wheat was % to l l * I cents higher, corn was unchanged 1 to cent lower and oats were ft to % cent higher. Provisions were | weak. A slight betterment in the sterling exchange gave Liverpool a ft to % pence lower close, equal to unchanged to ft cent down. A pri- : vate expert estimated winter wheat acreage at 14.8 per cent below last | year, or 6.260..000 acres, the smallest | since 1913. Buying in the late l morning was of a good character. Cash prices were unchanged. Receipts were 11 cars. Cash Corn Lower Corn dipped fractionally on the action in wheat at the start but did not show the same amount of recuperative power, standing ft to % cent lower at mid-session. Receipts were slightly larger and this was considered bearish, suggesting a possible increase in the movement. Colder weather in the northwest is likely to improve the cash demand from that section. Cash prices were unchanged to % cent lower. Receipts were 116 cars. Oats lost a minor fraction at the start with the major grains. The market remained unchanged to ft cent lower early in a dull session. Cash prices were unchanged. Receipts were 15 cars.

Chicago Grain Range

—Dec. 11— WHEAT— Prev. Ooen. High. Low. Close, close. Dec... .52 .53% .51% .53% .52% Mar.. .53 54% .52% .54% .53% Mav.. .54% .56% .54% .56% .55 July. .53 .55 .52% .54% .53% CORN— Dec.. .35% .35% .34% 35 .35% Mar.. .37% .38% .37% .'38% .38% Mav.. .39% .40% 39% .40% .40% July.. .41% .41% .'40% .41% .41% OATS— Dec... .23% .23% .22% .23% .23% Mav.. .24% .25% 24% .25% .25% July.. .24% .24% !24% .24% .24% p ye Dec... .37% .38% .37% .38% .37% Mar 42% .41% May,. .42% .43 % .41% .43% .42% July.. .42 .43% .41% .43% .42% Lard—- , Dec ' 570 5.80 Jan.. 5.62 5.62 5.57 5.'57 5.67 Mar.. 5.70 5.70 5.67 5.67 5.77 May.. 5.82 582 5.77 5.77 5.90 BELLIES— Jan 5.77 5.80 May 6.02 6.07

Cash Grain

—Dec. 11— The bids for car lots of grain at the CBll of the Indianapolis Board of Trade, f. o. b. shipping point, basis 41 %c New York rate, were: Wheat—Firm: No. 1 red, 48®49c; No. 2 red. 47@48c; No. 2 hard, 47®48c. Corn—Steady; No. 3 white, 28%®29%c: No. 4 white, 27%®28'/2c; No 3 yellow. 27 ®2Bc: No. 4 yellow. 26® 27c: No. 3 mixed, 26® 27c; No. 4 mixed. 25® 26c. Oats —Steady: No. 2 white. 21 %@22lie; No. 3 white, 20%®21%c. Hay (f. o. b. country points taking 23%c or less rates to Cincinnati or Louisville i Steady: No. 1 timothy, *7©7.50; No. 2 timothy, [email protected] —lnspections Wheat—No. 2 red. 1 car: No. 3 red, 2 cars: No. 5 red. 1 car. Total. 4 cars. Corn (new)—No. 3 white. 3 cars; No. 4 white, 5 cars; No. 6 white, 1 car: No. 2 yellow, 1 car; No. 3 yellow'. 5 cars; No. 4 yellow. 16 cars; No. 4 mixed, 5 cars. Total, 36 cars. Oats—No 2 white, lacr; No. 3 white. 3 cars; No. 1 mixed, 5 cars. Total, 9 cars. By Times Special CHICAGO. Dec. 11.--Carlots: Wheat. 11; corn. 141; -oats, 20: rye, 1, and barley, 11 By Times Special CHICAGO, Dec. 10.—Primary receipts: Wheat—s3B.ooo. against 1.030.000; corn, 300.000. against 991,000; oats. 116.000, against 1f.9000. Shipments: Wheat—s6l.000, against 514.000; corn 193.000. against 419,000: cats, 76.,000. aaginst 213,000. By United Press CHICAGO, Dec. 11.—Cash grain close; Wheat—No. 2 red. 55%c; No. 3 red, 54c; No. 2 hard, 54c; No. 2 mixed. 54c. Corn (new)—No. 3 mixed, 35'/ 4 <g.36c; No. 4 mixed, 35%c; No. 2 yellow, 37c; No. 3 yellow, 33%@36c; No. 4 yellow, 32%®36c; No. 3 white. 36@36%c; No. 4 white. 35c; old No. 2 yellow. 38%c; No. 2 white, 38%c. Oats—No. 2 white. 25®26c; No. 3 white, 24@24%c. Rye—None. Barley—4o®s9c. Timothy—[email protected]. Clover—sl4@l6. By United Press TOLEDO, Dec. 11. —Close: elevator prices: Wheat—No. 2 red, 61®62c. CornNo. 2 yellow, 40%®41%c. Oats—No. 2 white. 28%®.29%c; old oats premium, 3® 4c. Rye—No. 2. 50c. Grain on track, 28%c rate. Wheat—No. 2 red. 55%®56c; No. 1 red. lc premium. Corn —No. 2'yellow. 35®,36c: No. 3 yellow. 33%®34‘%c. Oats—No. 2 white. 25%®27c; No. 3 white. 24%®26c. Oats—Premium 3®4c. Clover— Prime $9; Feb.. *9.25; March. *9.50. Als%e—Cash. $8.75; Feb.. $9: March, s9.lff. Butter—Fancy creamery. 32® 33c. Eggs— Current receipts. 25@27c. Hay—Timothy per cwt., sl. By Times Special Tiru HI * CA -9Ps„ Dec 11.—Primary receipts: wheat. 062.000 against 365.000: corn. 456.aln ii 1-178.000: oats. 124.000 against 912-222- Shipments—Wheat. 674.000 against ?22'222 : corn - 222.000 against 496,000; oats. 127.000 against 172.000.

Net Changes

By United Press NEW YORK, Dec. 11.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. Off. Allied Chemical 68% ... % American Can 60% ... 1% Amer & Foreign Power 6% ... % Amer Telephone ...122% ... 1% Auburn 112% ... % Bethlehem Steel 21% ... 2% Case 37% ... % Chrysler 13 ... % Consolidated Gas 62% ... -1% Du Pont 51% ... % Electric Power ; 10% ... 2% General Electric 24% ... % General Motors 22% ... % International Telephone ... 8% ... % Kennecott 10 ... 1% Loew's. Inc (ex-dividend).. 26 ... 4% Montgomery Ward 7% ... % National Power and Light.. 11% ... % N Y. Central 26% ... % North American 31 s * ... 1% Paramount 7% ... % Pennsylvania It. R 20% ... % Public Service. N. J 54% ... 3 Radio 5% ... % Sears Roebuck 34 ... •% Standard Brands 12% ... % Standard Oil. N. J 29% .. % Socony-Vacuum 10% % Transamerica 2 s * ... % United Corporation 8% ... % U. S. Steel 45% ... 2% Wes'inghouse Electric 27% ... % Woelworth 41% ... r% RAW SUGAR PRICES —Dec. 11High. Low. Close January 1.02 1.00 1.02 March i " 1.08 1.05 106 May 1.11 1.18 1.11 Julv 1.17 1.16 1.16 Seotember ........... 1.23 1.23 1.23 December 101 1.01 1.01

Radio Dial Twisters

STATIONS OF THE NATIONAL BROADCASTING COMPANY WEAF Network WJZ Network ~ <MO wcyl 970 1 wgn 220 1 wjz 7*) . wsai 1330 IHO1 H 0 wcky niMi i war 790 1 wls *7O 1 wsb ;4# KUA *3O KWK M WDAF 610 WHAS 820 WLW 700 , WSM *SO £££ C I??" S EAF WHO '9OO I WOC 100 j WTAW 1078 RSD 550 ' WBAL 1430 j WFNR 870 . WIBO 560 ' WOW 590 | WTIC 1080 KSTr 1(08 WBAP MW WFAA 880 WJR 750 I WRVA 1110 fffil 920 STATIONS OF THE COLUMBIA BROADCASTING SYSTEM II" 1 2**o *s* i wowo 1180 . wcco *lO i koil 1200 wst£.° i ?£££ t WFIW INoIcHAC 73 I CTRR 988 WBT 1080 ■ WJJD 1130 > KRLD 1040 ' WFBM 1230 I WI.AC 1470 I KMOX 1000

t —7:15 P. M.— KYW Uo2o'—Soocht's orchestra . CBS—Lyman Band and Glee Club. WMAQ (670'—Concert orchestra. —1:30 P. M.— CBS—Kate Smith * Swanee music. NBC (WJZ'—Selvln's orchestra WLS <B7ol—Old Time Jamboree. —7:45 P. M.— CBS—Chicago Variety urogram. —* P. M.— CBS—Band and Indian Legend. NBC (WEAF(—Arthur Pryor and orchestra. NBC iWJZ —Chicago Civic onera. —8:15 P. M.— WBBM '77o'—Famous beauties of historv. —8:30 P. M.— <THS (1040) —Oaklawn serenades. CBS—Smith Bros. WBBM 770)—Times Spelling Bee. NBC (WEAF)—Wirges orchestra: artists. WGN (720) —Allerton Glee Club. NBC i WJZ) The First Nighter. “By Special Command." —8:45 P. M.— CBS—Four Clubmen. —9 P. M.— KDKA <9Bo>—Barn dance. KYW (1020) P hi 11 ip's Flyers. wbbm (770) —lnterview; concert orchestra. NBC (WEAF i—Dance orchestra: Walter Winched. WGN (720)- Five Fa'al Words. ’ NBC iW.TZ)—Russ Columbo and orchestra. —9:15 P. M.— SSS^r£ immon ' s Show Boat. 1 WBBM (770)—Panico’s orchestra. (WJZ)—"Cuckoo.” WMAQ (670)—News dance orchestra.

WFBM (1200) Indianapolis iMinmu, u.l, •P. M. f —P on Biftelowr orchestra (CBS). 5-45—Sports talk (CBS). 6:oo—Time, weather. Santa Claus. 6.ls—Dinner ensemble. 6:3o—Reis and Dunn (CBS). - £— Downev an d Wons (CBS). 7. 00—Mills Brothers (CBS). Lyman’s band (CBS). 7:3o—Columbians (CBS). 7:4s—Chicago varieties (CBS). , B:oo—Jack Tilson’s orchestra. B:3o—Smith Brothers (CBS). B:4s—Four Clubmen (CBS), 9:oo—Radio forum iCBSi. 9:ls—Hank Simmons Show Boat (CBS). 9:oo—Bing Crosby (CBS'. 10:15—Louie Lowe orchestra, 10:30—The Columnist. 10:45—Georg* Olsen orchestra (CBS). 11:00—Atop the Indiana roof. 11:30—Arnold Peek's orchestra. 12:00—Jack Tilson's orchestra. A. M. 12:30—Louie Lowe orchestra. 12:45—Sleep Tomorrow Club. SUNDAY A. M. B:oo—Land O’ Make Believe (CBS). 9:00 —Announced. 9:3o—Christian men builders. 10:30 to I—Silent. P. M. 1:00—Sons of Eli (CBS'. I:3o—Church of the Air (CBS'. 2:oo—Dedication Indiana Veterans hospital. 2:3o—New York Philharmonic symphony (CBS). P. M. 4:oo—Favorite recordings. 4:3o—Wheeler mission. s:oo—Second Presbyterian church. 6:oo—Dr. Julius Klein (CBSi. 6:ls—Jack Tilson’s orchestra. 6:3o—Novelty orchestra (CBS). 7:oo—Devils, drugs and doctors (CBS). 7:ls—Roxv symphony (CBS). 7:30 —Varieties. B:oo—Ted Weems orchestra (CBS). B:3o—Roger Bean family. B:4s—Arnold Peek orchestra. 9:oo—Edna Wallace Hopper radio show (CBS). 9:30 —Ernest Hutcheson and orchestra (CBS). 10:00—Louie Lowe orchestra. 10:15—Late news. 10:30—California melodies (CBS'. 11:00—Atoo the Indiana roof. 11:30—Lvric RKO hour. 12:00 Midnight—Oklahoma Cowboys. WKBF (1400) Indianapolis (Indianapolis Broadcasting, lne.) SATURDAY P. M. 4:3o—Harry Bason. 4:45 —News flashes. s:oo—Ruth Otte. s:ls—Santa Claus. s:3o—Evening announcements. 6:oo—Hanson and Johnson. 6:ls—Kitchen Capers. 6:4s—Connie’s orchestra. 7:oo—Jerrv and Charlie. 7:ls—Louise SDillman. 7:30—T0 be selected. 7:4s—Jim Carpenter, B:oo—Announced. B:ls—Connie's orchestra.' 8:30—Bob White’s philosonhv. B:4s—Connie's orchestra. 9:oo—Silent. 11:00—Lvric dance orchestra. 11:15—Showboat orchestra. 12:00—Sign off. WLW (700) Cincinnati SATURDAY P. M. 4:oo—Dealers hou/. 4:3o—Seed program. 4:4s—Little Orphan Annie (NBO. 5:00—Old Man Sunshine. s:ls—Announcement. s:l7—The Chatter. s:29—Time. . , s:3o—Netherland Plaza orchestra. s:4s—Lowell Thomas (NBC'. 6:oo—Amos 'n’ Andy iNBC). 6:ls—Theater of the Air. 6:4s—Hotel Gibson orchestra. 7:oo—Crosley follies. 7:3o—Dance with Countess Dorsay sav” (NBC). B:oo—Cigar band. B:3o—First. Nighter (NBC'. 9:oo—Parchies program 9:ls—The Arzen Serenaders. 9:3o—Variety 9:4s—Time. , „ 9:46 —Bob Newhali. 9:sß—Weather. 10:00—Night Cans. 10:30—Doodlesocsers. 11^00—Grevstone Ballroom orchestra. 11:00—Netherland Plaza or chestra. __ 12 Midnight—lsham Jones orchestra. A M. 12:30—Time. 12:31 —Sign off. SUNDAY A. M. 7:so—Time. B:oo—Church forum. 8:30 C. children's hour (NSC' 9:oo—Time. 9:ol—Organ program. 9:2s—River report. 9:29—Time. 9:3o—Fiddlers Three (NBC’, 9:4s—Song for Today (NBC'. 10:00—Russian Singers 10;30—Morning musicale iNBC*. 11:20 —Time. . 11:30 —Plantation da vs 11:45—Henry Thies orchestra. P M. 12:15 —NBC symohonic hour. 1:15 —College of Music recital. 1-30 —Yeast Foamers iNBC’. 2:oo—Theater of the Air. 2:3o—Roamios. . 3:oo—Services from the Shnneof the Little Flower of Jesus (WJR'. 4:oo—Musical Showman. s:oo—Cincinnati unemployment program. 5:30 —Time. s:3l—The chatter 6:3o—The Three Baxers (NBC). 7:oo—Melodies 'NBC). 7:ls—Collier’s radio hour (NBC 1 . B:ls—Stag party iNBC<. B:4s—Slumber hour (NBC'. 9:ls—Express. 9:45 —Time. 9:46—variety. 10:00—Weather. , . ... 10 02—Greystone ballroom orchestra. 10:30—Moon river. 10:59 —Time. , ... 11 oo—Henry Thies orchestra. 12:00 Midnight—Netherland Plaza orchestra. A. M 12:30 —Time. 12:31—Sign off.

Day Programs

WFBM (1200) Indianapolis Indianapolis Power and Liiht Company —MONDAY— A. M 7:3o—Records. 9:oo—Transcription. 9:o2—Womens hour. 9:ss—Transcription. 10:00 —Transcription. 10:15—12:00—Silent. 12:00—Farm Network (CBSP. M. 12:33—Transcription. 12:35—Farm Network 'CBS'. I:oo—Society reporter. I:ls—Ann Leaf at the organ 'CSS' 1 30—American School of the Air 'CBS* 2:oo—Four Eton Boys (CBS’. 2:ls —Transcription 2 30—Two Thirty Tune*. 3:00 —5:30 —Silent. WLW (TOoTCincinnati —MONDAY—AM t- 1 5 30—Tima announcement.

SATURDAY —9:30 r. J*.— WBBM (770t—Aaron's orchestra. NBC iWJZ' —Clara, Lu and Em —9:45 P. M. ''BC iWJZ)—Pianist, organWMAQ i67oi—Melodv land. —lO P. M.— KDKA (9801 —Snorts, KYW 11020—Snorts: news. —Bing Crosbv. NBC (WEAF)—Marion HarIns. -NBC—Amos -n’ Andv lo WMAQ. WDAF. WSM. WLS. WHAS. WSB. KTHS. ATAM (10701—Snorts: studio feature. ; explorers. —10:15 T. M.— IBS—Jack Miller. WGN (720) Marching along. NBC (WENRi—Quarter hour —10:30 P. M.— KYW (1020) —Russo's orchestra. IBS—-Belasco's orchestra. WCCO 1810'—Dance orches- , tra. NBC (WEAF)—Coon-Sand- ! ers’ orchestra. | WGN (720) CBS-Round ! Towner's Quartet. IWGY (790)—Randall's orchestra. NBC (WJZ i— The Three Doctors. WLS (870) —Barn dance (1% hours). .VMAQ (670)—Dance orchestra. WTAM (1070)—Dance orchestra : sor.g shoo. —10:45 P. M.— ! —George Olsen and orchestra WGN (720)—Wayne King's orchestra. —1! P. M.— KYW (1020) —McCoy's orchestra. ,CBS —iombardo's orchestra. NBC (WEAF'— Rudy Vallee and orchestra. jWGY (790) —Miles’ orches-j NBC'(WJZ'—Mildred Bailey i and King's Jesters.

s.3l—lnternational Fiddlers. * 6.oo—Time announcement. 5 91 —Physical exercises. jj : *s —Talent Bureau program. —Time announcement. 6:3l—Organ program. 6:45—J011y Bill St Jane (NBC. 7:oo—Time announcement. 7:ol—Morning devotions. —Talent Bureau program. 7:3o—Pick-Ups iNBC'. I 15—Physical exercises. 8:00—School of Cookery. B:ls—Musical Portrait. ® 20—Talk by Dr. Arlitt. B:3o—Beautiful Thoughts (NBC). B:ao—“Radio Folks."' 9:oo—Livestock reports. 9:lo—Piano solos. 9:ls—Orchestra. 9:3o—Colonel Goodbodv (NBC). ,n4n~ Burp *u program. 10:00—Elliot Brock. Bureau program. 10:30—Musical t.rIo(NBC). 10:4o—Rive reports. 10:55—Time signals. JI 92 —Talent Bureau program. JJ : —Swift program (NBC>. 11:30—Isham Jones' orchestra. 11:45—Market reports. 11:50—Livestock reports. 12:00—National Farm and Home period iNBC l. 12:30—Time announcement. : -|l—Netherland Plaza orchestra. lA9—Ohio School of the Air. States Marine band (NBC). 3:oo—Orchestra. 3:3o—Organ matine recital. WKBF (1400) Indianapolis (Indianapolis Broadcasting. Inc.) A M MONDAY ?:ot^2 dle u T l, b *, rnac ! e P r *ver period. —£s ur , ch Kedemion program. 7:ls—Charlie Flagler. 7:3o—Santa Claus. 7:4s—Musical Clock. B:oo—Breakfast bazar. B:3o—Housekeepers chats. 9:oo—Morning music 9:ls—Monk and Sam. 9:3o—Studio features.

Chicago Stocks

'By James T. Hamili & Cos > ~*“‘ TOTAL SALES. 180.000 SHARES —Dec. 11 High, Low. Close. Art Metal Works 2% Assoc Teieohone Util.. 17 16% 17 Bendix Aviation 16'i 15% 15% Borg-Warner 10% 10 10 Brown Fen St Wire B. 2 Butler Bros 2% 2% 2% Cent 111 Securities % % Cent Pub Serv Class A.. 1% 1% 1% Chicago Yellow Cab 10 Construct Materials ... 1% Cons Materials pfd 6 Continental Chicago .. 2% 2 2% Conti Chicago pfd 19% 13 18 Cord Corp 7% 6% 6% Corp Securities 5% 4% 5% Grigsby Grunow 1% 1 I Houdaille Hershey A... 12% Houdaille Hershey 8... 3 Insull Util Invest 9% 3% 8% Insull Ut In pfd 2d Ser 27% 25 27% Iron Fireman 4 Kalamazoo Stove 8% Kellogg Switch com ... 3% Libby McNeil 4% 4% 4% Manhattan-Dearborn... Marshall Field 12% Middle West Utilities .. 8% 7% 7% Midland United 8% 38% Misouri-Kansas Pipe L 1% 1 1 Muncie Gear A % Muncie Gear “B” % National Electric Pow A 11% 11 II National Securities Inv 1% Natl Securities Inv ctfs 40 39% 40 National Standard 22% 20% 21 Noblitt-Sparks Ind Inc 15% 15% 15% North American Car 6 North Amer Light ft P 23 22% 23 No St So Amer Corp.. 2 Parker Pen 6 Public Service N P... 142 138 142 Raytheon V T C 1% Ross Gear 19 Ryerson & Son 12% 11 11% Seaboard Utilities Sh .. 1% 1% l>/ 2 Southern Union Gas... 1% ... , Super Maid 2% 2 2'/* Swift St Cos 18% 13% 18 Swift International .... 23% 18% 21 U S Gypsum com 21% 21 21 % V S Radio & Tel 9% 8% 9 Utah Radio 1 ... Utility & Ind 2% 2 2 Utility St Ind pfd 9% ... Walgreen 11% 11 11% Zenth Radio 1 ... ...

In the Cotton Markets

'Bv Thomson ft McKinnon) NEW YORK. Dec. 11.—There was an increase in trade buying this morning. The tone was steady throughout the morning and prices at noon were a trifle better than Thursday’s close. Week-end sta- ! tistics were more favorable than j otherwise. v i The market was less disposed to ! take its cue trom the security markets. To us the outstanding feature of the market is the failure of contract markets to reflect southern spot markets, and we think this difference will utimately be made up by an advance in contracts. Hedge sales recently have been very small, reflecting the strength in the holding movement in the south. On the face of the market we can not advise short selling, not only because of the cheap price, but because the seller is at an additional disadvantage on account <ot the value of spot cotton, to which we have already made reference. The market was 10 to 12 points higher in the middle of the afternoon on buying from the south. , NEW ORLFANS January fi.; 2 5.9* 6.10 March 6.30 6 12 6.27 Mav 6.50 6 31 6 46 jy* 6.66 6.48 6.62 October 6.37 6.70 6.87 December 6.04 5.91 6.04 CHICAGO —Dec. 11— . Hieh. Low Cles’. January 6.22 6 04 6 19 March 6 40 6.22 6.38 Mav 6.58 6.39 6 55 Julv 6 73 6.58 6.73 October 6.95 6 30 6 95 December 6.10 6.02 6.10 NEW YORK January 6.11 5.94 6.09 March 6.28 6.13 8.27 Mav 6.49 6.30 6.44 Julv 6 85 6.46 8.83 October 8.91 6.74 1 6.91 December 6.0 5.31 6.04

—ll P. M.— wlw <7oo)—Orevstona orchestra. WMAQ (670)—Via Lago orchestra (3 hours'. —11:18 P. M.— KSTP (1460* —Dance program. WBBM <77o>—Around the ; Town. IWDAF (610)—Dance pro- ! gram. WON (720>—Ted Weem s orchestra NBC i WJZ)—Paul Whiteman's orchestra. —11:30 P. M.— CBS—St. Moritz orchestra. WCCO (810Lowry Night Club. NBC (WEAPi —Lopez orchestra. WGY (790>—Pevton’s orchestra. —11:45 P. M.— KYW 11020)—McCoys orchestra. WDAF (610) Nighthawk Frolic. WON (720i—Hogan s orchestra. —1? P. M.— KYW (1030)—Canton orchestra WCCO (810) —Gate's orchestra. WENR (870) —Hines" orchestra. WGN (720 —Kays Ac Hogans orchestras. WJR (750)—Oravstone orchestra. WLW (700)—Gibson orchestra. wow (590) —Paxton Paradise. —12:30 A. M.— KYW (10201—McCova orchestra. —I A. M.— KYW Go2o)—Russo's orchestra. KSTP (1460) —Frolic (1 hour). —1:30 A. M.— KYW (1020)—Spechts’ orchestra.

PAGE 11

THE TIMES Want Ad Headquarters Transient Rates Minimum spaced want ad accepted !fi two lines. Charge Cash Number Insertions Per Line Per Lind One Time 30 .13 3 consecutive times 16 .15 6 consecutive times 13 .13 Rooms. Etc. Charge Based on Two Line*. Charge Cash 2 lines, one time 37 .35 2 lines. 3 times 78 .73 2 lines. 6 times 1.12 1.00 Discounts Ada mT be phoned in and charged If thw advertiser is listed in the phone directory or is identified and accepted by the credit department. A DISCOUNT of ONE CENT FOR EACH LINE U given to transient advertiser* paying their bill within ONE WEEK after billing. Advertisers are asked to take ad* vantage of this discount. Deaths, Lost and Found, Etc. Death Notices. Cards of Thanks, In Memoriams Lodge and Church Notices. Lost and Found ads are charged at a rate of lfi cents per line Situation Wanted. 2 Cents per Word. Minimum 12 Words. .Want ads may be phoned In aa late aa 11:15 A. M. for publication in the 2.00 M. Horn? Edition on the ame dav. Phone Service 8 A. M. to 9 P. M. jDaily. Phone: RILEY 5551 ANNOUNCEMENTS .1 Funeral Directors, Florists W. D. BEANBLOSSOM 1321 W. Ray BE. 1588 wTTTblasengym Main office. 2226 Shelbv St. Branch office. 1634 W. Morris. Dr. 2570. eades bros: 1814 W. Morris. B, 433 T. GRINSTEINER’S 522 E. Market RI. 5874 HISEY & TITUS--951 N. Delaware LI. 3828 WM. E. KRIEGER 1402 N. Illinois St. RI. 1248 J.C.“ WILSON 1230 Prospect. Dr. 0321-0322. , tl , GOODRICH FUNERAL, HOME. N. Meridian. Ts, 1050.

4 Lost and Found LARGE envelope containing diagrams, valuable to owner only. Lost Tuesday p. m . Maryland, Alabama. New Jersey or Massachusetts. Reward. Return to Harrie Upham. Circle Tower or call Hu. 1215. LOST—Small fox terrier. Answers to “Dee Dee.” Dark face and spot on back. Vicinity 30th, College. Rew, Wt 1605. LOST—Dog, white with black spots longhaired male; name Ted; reward. 42 W. tlth. Apt. 16. Ri. 0654. SMALL PACKAGE—Newspaper wrapped. , losl on w - Indpl's. car fine. 1301 S. Belmont. wrist watch at Apollo theater. Please call Hu. 4777. n JL n: name ingraved on back, Li. 4183. Reward. MONDAY—Downtown, partial upper plate with 5 teeth. Wa. 3015-W. Reward. LOST—Small black silk umbrella with black, white handle. Ir. 6421. Reward. LOST—Yellow and white Co,lie doe answers name "Laddie:” reward. Ir. 5624. 5 Personals Old Gold —Gold Teeth Discarded Jewelry Will Pay Cash Standard Gold Smelting Co^ 4th Floor—23 N. Pennsylvania St. For Correct Time ~ —CALL RI. 6481 THEN LISTEN TTTT? Repaired; cleaned, lined. 3641~fT. JP U tv Illinois St., formerly of I East 36th St.—Ta. 4544. PILES removed withouut pain, no anesthetic. no after effects, no Joss of tima I from work. For appolntm't phvr.e 1r.5344. PlLES—Cured without pain or loss of time. Treatment is modern and reliable. Call for appointment. Ri. 2737. BUILDING and Loan Association Share* bought for Cash. DAMON SMITH. Clavpool Hotel. QTP.K and crippled children, given nurses care, prices right. Ta. 2203. PHOTO Tinting. Oils, any size. 50c;2 wks. special. Dr. 2635, 1221 Wade St. BUSINESS - SERVICE 7 Business Services AVOID COLDS —Storm windows and metal weather strippings keep out drafts. Ch. 1263-M. BROWN’S magnetic paint will keep water from runlna into celars. Ll. 2298. _ GEN. REPAIRING—ReaI sewer man: leakv roofs, gutters, furnace coils. Ch, 2283-J. 7-A Moving, Transfer, Storage CLEAN FIREPROOF STORAGE—Whera your goods are safe. Private lockers. Low rates, easy terms. Get our prlca 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. 0693-W. OTTO J. SUESZ. TRANSFER-STORAGE—Lowest price ever before quoted in city. Local ana long dtstance hauling. 1410 N. West St. Ll. 1734. MOV INO. $3 —You help" *1 less; quick service: careful white men. Ch. 584 Q MOVlNG—Hauling. *2 up: white men; anythlng, anvwhere, anytime Ch 2878 LOW-PRICED moving Call for estimate. CHAS. COOMBS. 54 S. La Saile Ch. 3391. CARLIN TRUCKING CO.—Cash, credit or furniture. He. 3829. Ch. 1702-J. STORAGE Reasonable rates: barO j.WlV.rt.VjrrL, gains in furn L { g 075 MOVING AND HAULlNG—Responsible white men. Call for estimate. Dr, 5629-M. 7-B Paperhanging and Painting PAPER HANGING—Special *2 up: samples if desired: painting. GRIFFIN. Li. 7235. HAVE your home papered for Christmas. 54 per room. Ch. 2004. 7-C Plumbing and Heating BATH ROOM—Complete *6O: plumbing At heating Installed: reasonable Ta 4037 7-D Barber Shops - e° nt,3 ur bobs, facials (privacy!" I Mr. Davis. Midway. 124 E. Mkt.. Ll. 0239, INSTRUCTIONS ~~ Schools, Colleges, Tutoring SPECIAL—6 Weeks free Instruction; vo'ca. HELP WANTED _ HELP XMAS UNEMPLOYMENT! Employers can assist needy families by employing temporary help. The Thmes will publish Male or Female Help Wanted Ads FREE where a definite salary is paid. Just phone Riley j 5551. 13 Heip Wanted—Male WANTED-10 bovs. not going to school 8:00°a m PPV 5 Bouche ‘n WANTED—Experienced man who can set r 'UL „S n and ieed automatic press. WARD PRESS 4129 E. 10th St, NICE basement room in exchange for firing furnace and light chores. 2020 N. 111. M ™-S£ ld hJ?” 10 hunt and trap furs. MfC _KREE_wlll buy them. 1904 E. Wash. 14 Help Wanted—Female WANTED—Housekeeper, white girl or woman: one who needs home. Sma'l salary; adult family. Box A 287. SALESLADIES—Xmas cards. novelties: best seller now. Cali 629 Peoples Bank. 15 Wanted—Male or Female WANT piano player (popular music for dancing classes, from 3 to 7 p. m.. Tuesdays and Fridays. Prefer Butler student. Call Mrs. Houser. Dr. 3661. mornings MEN or women can earn cash eoramission on coal orders. CaU Hu. 1622 for particulars. 18 Situations Wanted WANTED to care for chi’d during dav? Address ‘Ex-Primary Teacher, Time* A-290.