Indianapolis Times, Volume 43, Number 186, Indianapolis, Marion County, 14 December 1931 — Page 12

PAGE 12

SLUMP ERASES EARLY UPTURN IN STOCK MART Steel Shares Break to 42 5-8 After Initial Climb to 45 5-8.

Average Stock Prices

dv 0 li hlr & indu-'t'-ials for Baturrafis Hn vi Average ol twenty 'Utilities 32’4* <l ofV a4 \. Av J rft * e of tWf,rt v boais 77.03, on o^.- 48, Average of lorty BY ELMER C. WALZER Lnited Pre** Financial Editor NEW YORK, Dec. 14.—A flurry of short covering sent the stock market soaring today, but the rise was short-lived, and around noon the market had,settled back below the previous closing levels. Steel common, which had risen to 45 ~ fell back to 42%, off 1%. other industrials went through similar contortions. For a time volume was heavy. When shorts became frightened the tickers were behind 2 minutes. Around noon the tape was coming out at the pace of recent markets. At that time the list registered losses of fracions to 2 points. Several Issues of the industrial group resisted selling pressure, but utilities were under pressure. Rails declined more slowly than industrials, despite further selling in railroad bonds, carrying them to new record low levels. A feature was American Express, which has not been out in some time. It sold at 99%, off exactly 100% points from the previous close. Mexican Petroleum, another inactive issue, sold at 51, off 43 points. Earlier this year Mexican Pete hit 171. Among the issues to resist pressure were American Can, Case, Du Pont, Union Pacific and Western Union. Among the new lows in addition to Steel common were Paramount, Standard Brands, Columbia Gas, United Gas Improvement, Pennsylvania Railroad, Missouri-Kansas-Texas preferred, New Haven, Chicago Northwestern, Nickel Plate and Alleghany Corporation.

Bank Clearings

INDIANAPOLIS STATEMENT —Dec 14— Clearings $2,313,000.00 Debits 5,864,000.00 TREASURY STATEMENT —Dec. 14— Vet balance for Dec. 11 $53,193,027.05 Expenditures 10,847,831.18 Customs reels., month to date 10,872,952.15

Mew York Curb Market

(Bv Thomson & McKinnon) —Dec. 14— 11:00! 11:00 Alum Cos of Am 53 .Imp Oil of Can 8 Am Cynamid .. 3 lint Super 9'it Am Gas Ac Elec 37‘4!lnt Pete 8'! Am Lt <& Trac., 22'*, Midwest Ut .... 6% Am Sup Pwr... 3'ilMo Kan Pipe... I'4 Ark Gas (A) .. 2!4lNat Aviation .. 2V 2 Aeso Gas & El 5 INewmont Minn. 10% Braz Pwr & Lt 9% Nia Hud Power 0’,4 Can Marc 1 !Niles 8 Cent Sts Elec.. I s l. Penroad 2% Cities Serv SVSt Regis Paper.. 3'i Cons Gas of B 60VSalt Creek 3% Cord 7 ISo Penn Oil .. 12 Elec Bond <t Sh 10** Std of Ind 16VL> Gen Aviation.. 2% Trans Air Trans 3 Ford of Can .. 10 Un Gas (At .... 2'* Ford of Eng .. 5 Un Lt & Pwr... 6*4 Fox Thea % Un Verde 3% Goldman Sachs 2 Ut Ac Indus .... 2 Gulf Oil 28% Ut Pwr (B) .... 2 Hudson Bay ... 2 Van Camp .... 2 Humble Oil 4714 United Fndrs .. 2

Investment Trust Shares

(By Gibson Ac Bernard) PRICES ARE TO 12 NOON C. S. T. —Dec. 12Bid Ask Am Founders Corn com % 1 Amer and Gen Sec. A 5 ... Am Inv Tr Shares 2% 2% Basic Xndusrty Shares 2% ... Collateral Trustee Shares A.. 4V* 4% Cumulative Trust Shares .... 3> 2 4 Diversified Trustee Shares A.. 7% ... Fixed Trust Oil Shares 214 ... Fixed Trust Shares A 7 1 4 ... Fundamental Trust Shares A.. 3% 4'4 Fundamental Trust Shares B 414 4% Leaders of Industry A 3% ... Low Priced Shares 3V* 3% Nation-Wide Securities 33% Selected American Shares 2Va 3 Selected Cumulative Shares.. 6'* 6% Selected Income Shares 314 4 Shawmut Bank Inv Trust.... 2 4 Std Am Trust Shares 314 3% Super Corp of Am Trust Sh.. 3'4 3% Trustee Std Oil A 3 7 * ... Trustee Std Oil B 3% 4*4 Unified Service Trust Shares A 2>4 2% U. S. Elec ight and Power A. 17>4 19'4 Universal Trust Shares 2% 3%

New York Bank Stocks

(By Thomson & McKinnon) —Dec. 13Bid. Ask. Bankers 50 52 Brooklyn Trust 197 207 Central Hanover 116 120 Chase National 28*/a 30'/* Chatham Phoenix Natl .... 20 22 Chemical 26% 25 3 City National 39% 4P, Corn Exchnnee 66 69 Commercial 150 156 Continental 15Vi 17V* Empire 21 23 First National 1.950 2.050 Guaranty 255 260 Irvina 17'* 18Mi Manhattan & Cos 29% 31% Manufacturers 31% 33% New York Trust. 78 81 Public 20% 22*4

In the Cotton Markets

(Bv Thomson & McKinnon) NEW YORK, Dec. 12.—The cotton market opened 3 or 4 points lower. The tone was steady the first hour. The trade journals carried the same story of quiet good markets. The slight advance in cotton we have experienced in the last few days may be nothing more than short covering, or on the other hand it may be that the trade has begun to heed the difference between actual and New York contracts. It has occurred at a time when security prices were declining, and it is to be hoped that we have in it a sign that cotton is to act independently in the future. Even if we were not friendly to the market we would feel that just at present a short sale is too heavily handicapped to be undertaken. CHICAGO —Dec. 12High. Low, Close. January .#••.••••••*• 6.18 6.10 6.12 March 635 6.25 6.31 a V 6.52 6 46 6 47 October 6 93 6.90 6.90 December 6.08 6.00 6.06 NEW YORK High. Low. Close. Tanuarv ............. 6.07 5.99 6.00 March 6.26 6.18 6 18 lull 662 654 657 October 6 89 6 81 6 82 December 6.02 5.96 5.97 NEW ORLEANS High. Low. Close. Tanuarv 6.08 5.99 6 02 March 6.25 6.17 6 20 Mbv 6 44 6 36 6 38 ‘ 6.61 6.52 6.56

New York Stocks Thomson A McKinnon> —————————

—Dec. 14— Prev. Railroad*— High. Low. 11 00. close Atchison 86% 84 86 85% Atl Coast Line.. Bait <Sc Ohio 19% 18 19 18 Chesa Ac Ohio.. 28% 27 27% 27 Chesa Corp lit 18% 19 18 Chi Ort West... 3% 2** Chi N West 7% 7 7% 7% CRI Ac P..... 10% 10 10% 10 Del L & W 32 Del Ac Hudson.. 71% 70% 71% 71 Erie 6% 6 6% 6% Erie Ist pfd.... 8% 7% 7% 8% I Great Northern 20 19% 20 19% i Illinois Centra!. 10% 10% 10% 10 ■: Kan City So 8 8 Lou Ac Nash..., .. ... 21 21 M K Ac T 5% 5% Mo Pacific 7% 7% 7% 7% Mo Pacific pfd .. 14% 14 14% 14 N Y Central 29'. 27% 2% 27% Nickel Plate .... 4% 4 4 5 ! NY NH Ac N.... 20% 19 20% 18% Nor Pacific 17% 17% 17% 17% Norfolk Ac West..l2o 119 119 120-, I O Ac W 6% 6% Pennsylvania ... 20% 20 20% 20 Reading 33 Seaboard Air L % So Pacific 32% 30% 32 32 Southern Rv 8% 8% 8% 8% St Paul 1% St Paul Dfd 32% 32% St L Ac 8 F.... 4% 3 7 /. 4 3% Union Pacific... 77% 75 77% 74 Wabash 1% 1% 1% 1% W Maryland... 6 5% 6 6% West Pacific ... 2 Epulpmentg— Am Car Ac Fdv 5% 'Am Locomotive 6 6% Am Steel Fd 5% ! Am Air Biake 8 15% 15% 15% 15% Gen Am Tank 33 34% General Eiec... 25 7 /s 24% 25% 24'* 'Gen Rv Signal.. .. ... 21" 21% Lima Loco 14% 13% 14% 13% N Y Air Brake 8 Press Stl Car.. .. ... 1% 1% , Pullman 17% 17 ! Westingh Ar B. 12% 12 12% 12% 1 Westingh Elcc.. 29 27% 28% 27% Firestone 13% 13% 1 F[gk ... '4 *4 ! Goodrich .* 4% 4% 4% 4% 1 Goodyear 16% 16-4 16% 16 Kelly Sorgfid.. .. ... 1 1 , ! u S Rubber 4 3% | Motors— Auburn 123% 116 120% 114% 'Chrysler ....... 13% 12% 13 13 ! Graham Paige 3% 3% General Motors.. 23% 22 23 22% (Hudson 10% 10% Hupp 4% ... Mack 14 13% 14 13% Nash 15% 15% 15% Packard ........ 4% 4 4',a 4 Reo . .. ... 3% 3% Studebaker ... . 13% 1? 12% 12 Yellow Truck .. 3% 3% 3% 3%

Motor Access— Am Bosch 6% Bendix Aviation, ls% 15% 16’a 15Vi Borg Warner ... 10% 10% 10% 10 Briggs 9% 8 5 9% 8% Budd Wheel 31* 3% 3% 3% Eaton 7% 7 7% 7 El Storage B 28 26% 28 28 Houda 33 Motor Wheel ... ... 5% Sparks W 2% 2% Stewart Warner 5 5 Timkin Roll .... 19% 18% 19% 18'% Mining— Am Metals ..... .. ... 5% 5% Am Smelt 21% 19 20'/2 39 Am Zinc ... ... 3 Anaconda Cop .. 10% 10 10% 9 7 /* Cal & Hecia 3% 3% Cerro de Pasco 12% 11% 12% 11% Dome Mines .... 7% 7% 7% 7% Freeport Texas.. 15% 15 15% 15% Granby Corp 5% Great Nor Ore.. 11% 11 11% 11 Howe Sound ... 12V* 12 12 12 Int Nickel 7% 7% 7% 7% Inspiration 3'% 3% 3% 3% Kennecott Cop.. 10% 9% 10'% 10 Magma Cop 7% 7% Miami Copper.. 2 7 / Nev Cons 5% 5 Texas Gul Sul.. 22% 22 22% 22 U S Smelt .... 14% 14 14 13% Oils— Amerada 14% 14% Am Republic 2 Ati Refining ... 10 9% 10 10% Barnsdall 5 4% 4% 5 Houston 4% 3% 4% 3% Indian Refining 1% Ohio Oil 6% 6% 6% 6% Mex Sbd 6% 6% 6% 6% Mid Conti 5% 5% Phillips 4% 4% 4% 5 Pr Oil A; Gas 6 6 Pure Oil 4% 4% 4% 4 Royal Dutch ... 14% 14% 14% 14% Shell Un 3% 3% Simms Pt 4% Sinclair 5% 5 5'% 5' Skelly 3% 33 3% Stand of Cal 27% 27% 27% 27% Stand of N J ... 30% 30V 4 30% 29% Soc Vac ... 10% 10% 10% 10 Texas Cos 14% 14’/a 14% 14% Union Oil 12% 12% 12% 12% Steels— Am Roil Mills.. 10 9% 10 9 Bethlehem 24 23 23 21 s /a Bvrrs A M 13% 12% 13% 13% Colo Fuel 71/2 Cruc Steel 24% 24% 24% 23% Ludlum 5% 5% McKeenort Tin... 49'% 48% 49 48% Midland 9% Newton 3 Repub I & 5.... 4% 4% 4% 4% U S Steel 45% 43% 45 44 Vanadium 13% 12% 13% 12% Youngst S & W.. 8 7% 8 Tohaceos— Am Tob Anew 70 69% 70 70 Am Tob B new 72% 71 72% 71% Con Cigars 21V* 22 General Cigar.. .. . . 29% Lig * Myers 46 45% 46 45% Ijorillarrl 13% 12% 13% 13 Reynolds Tob... 35% 35% 35% 35% Tob Pr (A) 7 Tob Pr 181 2% 2% United Cig ... ... 1% Utilities— Abitibi 2% 2% 2% 2% Adams Exp .... 3% 3% 3% 3% Am For Pwr... 7% 6% 7% 6% Am Pwr Ac Li.... 14% 13% 14% 13% A T Ar T 125% 123% 124% 123% Col Gas A; FJ.... 16% 15 15% 15% Com Ac Sou 3% 3% 3% 3% Gen Gas IA) .. 1% 1% 1% 1% El Pwr Ac Li.... 11% 10% 11% ... Inti T Ac T 9% 8% 9% 8% Natl Pwr Ac Li.. 11% 11 11% 10% No Amer Cos 33% 32% 32% 31 Pac Gas Ac El.. 33 32% 33 32 Pub Serv N J 55% 52% 55% 54% So Cal Edison.. 30% 30'% 30% 30 Std GA: E 1.... 30% 28 30% 28% United Corp .... 9% 8% 9% 8% Ut Pwr Ac L A.. 8% 8% 8% 8 7 /a I West Union 46% 44% 46% 44% ! Shipping— Am Inti Corp.. 5% 5% 5% 6Va N Y Ship 3% Atl Gulf & W I 13 United Fruit 20% 20 20% 21 Foods— _ . Am Sugar .. ... 38% 38% Armour A 1% Beechnut Pkg 39% 38 Cal Pkg 9 9 Can Dry 15 14% Childs Cos , ... 8 , 6% Coca Cola 110% 107% 110% 107% Cont Baking A.. .. ... ... 5% Corn Prod 46% 46 46% ... Cudahy Pkg 32V4 Cuban Am Eug 1% 1% Gen Foods 31% 30% 30% 30% Grand Union .. 7% 7% 7% 7% Hershey 73 74% Jewel Tea 30V* Kroger 14% 13% 13% 14% Purity Bak 12% 12% Pillsbury 20 Safeway St 43 42% 42% 42% Std Brands 12% 12% 12% 12% Drugs— Cotv Inc 3% 3% 3% 3% Lambert Cos .... 49% 48 49% 46V* Lehn Ac Fink 19% 19'% Industrials— Am Radiator ... 6% 5% 5% 5% Bush Term 16% 16% 16% 16 Certainteed 2% ... Gen Asphalt ... 10% 10% 10% 10% Otis Elev 17% Indus Chems— Allied Chem 72 68% 69% 67% ; Com Solv 8% • 7% 7% 8 Union Carb 31% 29% 30% 29y 2 U S Ind Alco .. 26% 26% 26% ... I Retail Stores— Assoc Dry Gds.. .. ... ... 7 Gimbel Bros .... 2% 2% 2% 2% Kresge S S 17% 17% 17% 17% May D Store... 17% 17% 17% 17% Mont Ward .... 7% 7% 7% 7Va Penny JO ... 28% Schulete Ret St.. 4 3% 4 4 Sears Roe 34*; 33% 34% 34 Woolworth .... 42% 40% 41% 41% Amusements— Bruns Balke 2% Col Graph 3% 33 2% Crosley Radio 2% Eastman Kod .. 85'% 81 Vi 84 83 Fox Film A 3 Grigsbv Grunow 1% 1% Loews Inc 28% 26% 27% 27% Param Fam .... 8% 7% 7% 6 Radio Corp 6% 5% 5% 5% R K O 1% 1% 1% 1%

Why Do They? When do men tip their hats to women? Why do we shake hands? Why do debutantes have a “coming out” party. Why do we kiss those we love? Why does a man give a girl an engagement ring? Why ia a bridal shower? Why do men have buttons on the cuffs of their coats? Why is a cravat? Why do we throw rice on a bridal couple? Why is a wedding ring? Why orange blossoms at a wedding. Why do we call a man “Mister”? All these customs of modern life had their beginnings in earliest times. Our Washington Bureau has ready an interesting bulletin containing a brief history of the curious beginnings of many customs that constitute present day good manners. You will want it. Fill out the coupon below and mail as directed: CLIP COUPON HERE Dept. 158, Washington Bureau The Indianapolis Times, 1322 New York avenue, Washington, D. C. I want a copy of the bulletin ORIGINS OF ETIQUETTE, and inclose herewith 5 cents in coin or loose, uncanceled United States postage stamps to cover return postage and handling costs. NAME STREET AND NO CITY STATE I am a reader of The Indianapolis Times. (Code No.)

Warner Bros .. 32% 2% 2% Miscellaneous— Airway App 1% City fee Ac Fu.. .. ... 27% 28% Congoleum 9 9 Am Can 64% 61% 62% 60% Cont Can 33 32% 33 32% Curtiss Wr 1% Glilete 8 R 11% 11% 11% 11, Real Silk 2% Un Aircraft.... 12% 12% 12% 12% Int Harv 25% 24% 24% 24% J I Case 40% 38% 39% 38

The City in Brief

TUESDAY EVENTS Credit Men’s Association, 3:45 and 6:30, Spink-Arms. Zonta Club, luncheon, Columbia Club. Rotary Club, luncheon, Clay pool. Gyro Club, luncheon, Spink-Arms. Mercator Club, luncheon, Columbia Club. Architectural dub. luncheon. Architects’ and Builders’ building. Young Lairyera’ Club, luncheon, Washington. Republican Veterans, luncheon, Board of Trade. Indianapolis Chapter, American Chemical Society, luncheon. Severin. University of Michigan Alumni, luncheon, Lincoln. Indiana League for the Hard of Hearing. T p. m., Stokes building. Purchasing Agents' Association, luncheon. Severin. Theta Chi, luncheon. Washington. Universal Club, luncheon, Columbia Club. “Keeping Ahead of the Headline” will be discussed by Frederick M. Snyder, New York Journalist, before the Rotary Club in the Claypool Tuesday. In 1928 and 1930 Snyder spoke before the Y. M. C. A. Big Meetings. Jeanette Palmer and Willodean Nease were recently initiated to the Butler university chapter of Kappa Delta Pi, national education honorary. Only students planning to teach and with outstanding scholarship in educational subjects are eligible for membership. A bazaar will be given by the First Ward Thomas Taggart Democratic Club at the clubhouse, 2001 Winter avenue, Tuesday afternoon and night for the benefit of the Christmas fund, Mrs. J. O. Rhodes announced. Dr. Palmer Findley, professor of obstetrics, University of Omaha, will speak at 6:30 Tuesday night at the session of the Indianapolis Medical Society at the Athenaeum. Frederick M. Snyder of New York, newspaper man and world traveler, will speak Tuesday at the Rotary Club luncheon at the Claypool.

Net Changes

By United Press NEW YORK, Dec. 12.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. Off. Allied Chemical 67% .. 1 American Can 60% % American Telephone 123% 1% Auburn 2% Auburn 114% 2% Bethlehem Steel, unch.... 21% Case 38 % Chrysler 13 Consolidated Gas 62% .. % Du Pont 52% % Electric Power 10 % .. % General Electric 24% .. % General Motors, unch 22% International Nickel 7% % International Telephone... 8% .. % Loew’s Inc 27(4 1% Montgomery Ward 7% .. s a National Biscuit 38% % National Power 10% .. 1 N Y Central 27% 1% North American 31 .. % Paramount 8 t/a Penn R R 20 . . Va Radio, unchanged 5% Sears Roebuck unch 34 Stand Gas 28% .. IV* Stand Oil Calif 27% .. % Stand Oil N J 29% .. % Trans-America 2% .. V n U S Stel 44 .. i3/ Westinghouse 27% % Woolworth 41% % Chicago Stocks Opening (By James T. Hamill & Coy —Dec. 14— Ass Tel Util... 16%|Insull Com 7% Bendix Avia ... 15V2lInsul 6’s ’40.. 37 3 4 Borg Warner .. 10 |Mo Kan P Line 1% Cent Pub Serv A l%Middle West ... 6% Cord Corp .... 6%'Sbd Utilities.... 1% Cont Chi Com.. 2 ISwift & Cos ... 18% Cont hi pfd... 17 ISwift Inti 22% omm Edison... 130 'U S Rad & Tel. . S% Chgo Sec 4% Ut & Indus com 2 Grigsby Grunow 1% Walgreen Strs .. 11% New York Liberty Bonds —Dec. 12— 3'is 98.7 Ist 4%s 100.4 4th 4%s 100.14 Treasury 4%s 101 14 Treasury 4s 99 21 Treasury 3%s 971 Treasurv 3*s of ’47 94.16 Treasury 3**s of ’43 (March) 94.16 LAUGHS; BREAKS BACK Dinner Guest Chokes Over Story; Topples Off High Porch. By United Press CLEVELAND, Dec. 14.—James Eddy, 24, probably will never walk again because of a laugh. While dining Sunday night, a friend told him a story, Eddy became convulsed with laughter. Suddenly he choked. While the rest of the party laughed, he ran to the porch of the second-story home. There was a scream as he toppled over the railing. Eddy’s friends found him unconscious with a broken back. Physicians said today he may never walk again. Pastor Alleges Threats By Times Special SALEM, Ind., Dec. 14.—Declaring he had received threats that he would be “put on the spot,” because of his pulpit utterances assailing roadhouses in Washington county, O. W. Scott, 56, announced his retirement as pastor of the Christian church here.

THE INDIANAPOLIS TIMES

PORKERS SELL LOWER AFTER FIRMOPENING Slow Movement Feature of All Cattle Classes; Sheep Even. Hogs opened with a firm, steady trend this morning at the union stockyards but selling weakened the market and closing prices were 10 cents under early levels. The bulk, 160 to 300 pounds, sold for $4.15 to $4.45, early top holding at $4.45. Receipts were estimated at 8,000; holdovers were 40. Extreme slowness characterized movement in slaughter class cattle. Receipts were 300. Vealers sold up 50 cents at $8 down. Calf receipts were 300. Sheep were little changed, lambs selling at $6 down. Receipts numbered 500. A few early sales and bids on hogs at Chicago were weak to 10 cents lower than lYiday’s average; 180 to 280-pound weights bid $4.10 to $4.15; best 200 to 220-pound weights held at $4.25 and above. Receipts were 72,000, including 35,000 direct. Holdovers were 1,000. Cattle receipts w’ere 21,000; calves, 2,500; market 25 cents lower. Sheep, 25,000; steady.

HOGS ! Dec. Bulk. Eariv Top. Receipt. I 7. S4.2O Hi 4.35 $4.35 8.000 I 8. 4.23® 4.40 4.40 8.000 10. • 4.15® 4.30 4.30 7.000 11. 4 15® 4.30 4.25 6.000 I 12. 4 25® 4.50 4.50 2.000 14. 4.15® 4.45 4.45 8.000 Receipts, 8,000: market, lower (140-160) Good and choice $ 4.15® 4.25 —Light Lights—-(l6o-180) Good and choice.,., 4.40® 4.50 —Light Weights—-(lßo-200) Good and choice.... 4.40® 4.50 (200 220) Medium and g00d... 4.35@ 4.45 —Medium Weights—-(22o-250) Good and choice.... 4.25® 4.45 (250-290) Medium and g00d... 4.15® 4.25 —Heavv Weights—-(29o-350) Good and choice.... 4.00® 4.2a —Packing Sows—-(3so-500) Medium and g00d... 3.25® 3.85 (100-130) Slaughter pigs 4.00

CATTLE (SLAUGHTER CLASS) Receipts, 300; market, lower) —Steers— Good and choice $ 6.25®10.75 Common and medium 3.25® 6.25 (1.100-1.500) Good and choice 6.50®11.00 Common and medium 4.50® 6.50 —Heifers—-(soo-850) Good and choice 6.00® 9 00 Common and medium 3.00® 6.00 —Cows— Good and choice 3.50® 5.00 Medium 2.75® 3.50 Cull and common 1.50® 2.75 —Bulls (yearlings excluded)— Good and choice beefs 3.00® 4.25 Cutter, common and medium.. 2.00® 3.25 CALVES AND YEALERS Receipts, 300; market, higher. —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® 6.00 Common and medium 3.00® 4.25 (800-1.500) Good and choice 4.25® 6.00 Common and medium 3.00® 4.25 SHEEP AND LAMBS Receipts, 500; market, steady. Good and choice $ 5.75® 6.25 Common and medium 3.50® 5.75 Ewes, medium and choice 1.25® 2.50 Cull and common 50® 1.25

Other Livestock By United Press CHICAGO, Dec. 14.—Hogs—Receipts, 72,000, including 35,000 direct; weak to 5c lower than Friday’s average; packing sows, s©loc off; 180-280 lbs., $4.10® 4.20; top, $4.20; 140-160 lbs., [email protected]; pigs. $3.25(b) 3.50; packing sows, $3.55(33.75; light lights, 140-160 lbs., good and choice, $3.75(34.15; light weight, 160-200 lbs., good and choice, [email protected]; medium weights, 200-250 lbs., good and choice, $4.10(34.20; heavy weights, 250-350 lbs., good and choice, s4® 4.20; packing sows, 275-500 lbs., medium and good, $3.50(3)3.85; slaughter pigs, 100130 lbs., good and choifee, $3.25(33.75. Cattle—Receipts. 21,000; calves, receipts, 2,500: feneral market at standstill, undertone, s(b 50c lower on steers and light yearlings; she stock 25c lower; largely steer run, short feds predominating; bulk steers promising to sell at $5(37.50; prospective top around $11.50; slaughter calves and vealers: steers, 600-900 lbs., good and choice, $7(311; 900-1100 lbs., good and choice, $7(311.50; 1100-1300 lbs., good and choice, $7(311.75; 1300-1500 lbs., good and choice, [email protected]; 600-1300 lbs., common and medium, [email protected]; heifers, 550-850 !bs., good and choice, $5.75@9; common and medium, $3 @6.75; cows, good and choice, $3.25(34.75; common and medium, [email protected]; low cutter and cutter, $1.75® 2.50; bulls, yearlings excluded, good and choice beef, [email protected]; cutter to medium. 52.50@4; vealers, milk fed, good and choice, $5.50@7; medium, [email protected]; cull and common. $3(3 4; stocker and feeder cattle: steers, 500-1050 lbs., good and choice, 54.50@6: common and medium, [email protected]. Sheep —Receipts. 25,000; very slow, mostly 25c lower; some bids off more; good to choice fat lambs, [email protected] to packers; best held around $6; slaughter sheep and lambs: lambs, 90 lbs. down, good and choice, $5(36; medium, $4.25@5; all weights common, $3.50(34.25; ewes, 90-150 lbs., medium to choice, $1.50(33; all weights, cull and common, $1.25(6 2; feedfDg lambs, 50-75 lbs., good and choice, $4.50@6. By United Press £S, NC Dec. 14—Hogs—Receipts, 6,500; heldover none; moderately active, mostly 15c; spots 25c lower; better grade, 160-240 lbs., [email protected]; 250-300 lbs., s4@ 4.20; 120-150 lbs., about steady, $4(34.25; eosn *3.25; , smooth lightweights, $3.50. Cattle—Receipts, 1.500; calves. 300 - very slow; practically nothing done on steers; most bids around 50c lower; heifers weak-t° 25c lower; common and medium, $4(33.75; one load around 700-lb. heifers, $6; few small lots. $6.50; some held higher: cows and bulls steady; beef cows, $3.25®3.75; low cutter and cutter cows. $1.75@3: bulls, $3.75 down; vealers 50c lower: good and choice, $7.50(38; lower grades. $7 down. Sheep—Receipts, 150; nominally steady; better grade lambs, $5.75 to mostly $6: a few, $6.25; common and medium, [email protected]; sheep, $1.50 down. By United Press EAST ST. LOUIS. HI., Dec. 14.—Hogs— Receipts. 14,000; market, weak to 5c lowertop. $4.35; bulk, 160-250 lbs., $4.20®4.30: 100-150 lbs. [email protected]; sows, largely $3.50 @3.75. Cattle —Receipts, 4,000; calves, receipts 1,500; market, largely a steer run with little or no inquiry for this class, early; mixed yearlings, heifers, cows and medium bubs opened steady; fat mixed yearhngs and heifers. $5(36; cows, $2.75® 3.75; low cutters, $1.50@2; medium bulls downward from $3.25; good and choice vealers, $7.75 Sheep—Receipts, 1,500; market, lambs weak to 25c lower; throwouts and sheep steady- choice lambs to city butchers. $5.50®5.75; indications to packers. $5.25 down; throwouts. $3.50: fat ewes, $2.50 down; lambs. 90 lbs. down good and choice, [email protected]: medium, $4.20 @5; all weights, common, $3.25®4.25: ewes 90-150 lbs., medium to choice. $1®2.50 - all weights, cull and common. [email protected]. By United Press EAST BUFFALO. Dec. 14.—Hogs on sale 6.600; weights 160-210 lbs., active 15@25c over Friday’s average; others slow, barely steady; 170-210 lbs., [email protected]; mixed lots $4.65; pigs and underweights. $4®4.50; bidding $4.25®'4.50 on 230-260 lbs. Cattle—Receipts, 1,800; market, steers and yearlings slow; unevenly 25@75c lower; better grade off most; cows and bulls weak; good steers and yearlings, $8®9.25; mostly $_8.25®8.50; medium kinds ana short feds. [email protected]; common steers and heifers, s4® 5.25: cutter cows, $1.25 @2.50. Calves—Receipts, 1,150; vealers, U l ls£- an s- and SB-5 ° down. Sheep—Receipts, 7,200; dependable lamb trade; generallv steady; good to choice, $6; to mostly $6.25medium kinds and shoit feds, $5 50 : throwouts, $5. By United Press . £*r E X, E^ ND ' —Hogs—Receipts, 4.100: holdover. 135: slow: few sales 160300 lbs., steady. [email protected]; most bids 10c lower: light lights and pigs. $3.75 : 153 lbs., averages. 54.15. Cattlfr—Receipts. 1.000: trashy and weak to lower than last week's low time: steers, fully 25 to 50c under last Monday; common to medium. light weight. $4.50/3 6.25: bulk. $5 25 down: low cutters cows. [email protected]. calv’s —Receipts. 850 ;choice vealers. 50c lower: other, steadv: better grade. [email protected]: odd head. $9: cull to medium. $437 and above. Sheep—Receipts. 4.400; mostly, steadv: fat lambs. $6®6.25: few higher; upwards to $6.50; throwouts and heavies. [email protected]. By United Press LAFAYETTE. Dec. 14.—Hogs—Market. 15 ®2sc higher: 160-200 lbs.. 54.25; 200-225 lbs.. $4.20: 225-250 lbs.. $4.10: 250-275 lbs.. $4. 275-300 lbs.. 53.95: 300-350 lhs.. 53.90: 140-160 lbs.. $4: 120-140 lbs.. $3.80: 100-120 lbs.. $3.60: roughs. $3.25 down; top calves, $6.50; top lambs. S5. By United Press FT. WAYNE. Dec. 14.—Hogs—Market. 5c lower: 100-140 lbs.. $3.95: 140-160 lbs.. $4.05; 160-200 lbs.. 54.15 : 200-250 lbs.. *4.05: 250300 lbs.. $3.95: 300-350 lbs.. *3.85: roughs. $3.25; stags. $2; calves. $7.50; lambs, $5.

BELIEVE IT or NOT

J- “ j 'I.J. .M600r,.r. ” i o.'. .iWA'/ADJ* ■ The SupetlANr SfIDHU ’REMAINED in IHIS POSITION TOR <6 YEARS !

Dow-Jones Summary

Stocks of crude rubber In London on Dec. 12 totaled 72,785 tons, a decrease of 119 from preceding week; Liverpool stocks 57,157, an Increase of 256 St. Louis Southwestern Railway in first week of December gross amounted to $285,900, against $317,779 in like week of 1930; from Jan. 1 to Dec. 9, gross $16,913,345, against $20,767,219 in similar period of 1930. Cudahy Packing Company reports for year ended Oct. 31, 1931, consolidated net profit of $2,009,991 after depreciation, interest and federal taxes equal after dividends on 6 per cent and 7 per cent preferred stock to $3.06 a share on 467,489 shares on common stock; this compares with $2,930,318. or $5.03 a common share in year ended Nov. 1. 1930. New York cables opened in London at 3.455. aganist 3.37%; Paris, checks, 7.875; Amsterdam, 8.5312; Italy, 66.875, and Berlin, 14.375. California crude oil output in week ended Dec. 12, averaged 508,200 barrels daily, an increase of 12,550 over previous week, according to California Oil World. Standard Gas and Electric in twelve months ended Oct. 31. total income amounted to $74,103,765 after expenses and taxes, but before depreciation and charges, against $76,223,023 in previous twelve months. Northern States Power total income $17,657,344, against $17,004,911. Oklahoma Gas and Electric total income $5,823,075, against $7,238,994. Jewel Tea sales in four weeks ended Nov. 28 were $1,022,318, against $1,217,652 in like 1930 period; forty-eight weeks ended Nov. 28, sales amounted to $12,492,203, against $14,255,073. H. M. Byllesby & Cos. declared quarterly dividends of 50 cents each on class A and B comon stock, both payable Jan. 15, of record Dec. 15, and regular quarterly dividend of 50 cents on preferred stock, payable Dec 31, of record Dec. 15.

36 SAILORS PERISH Italian Tug Goes Down in Storm-Swept Sea. By United Press SPEZIA, Italy, Dec. 14.—Thirtysix Italian sailors, among them men coming home on Christmas leave, were believed drowned today in the loss of the sea tug Teseo, a 1,500-ton vessel. The Teseo, used ordinarily for salvage work, carried a crew of seventy, plus seventy-six sailors, on their way home for Christmas. The cruiser Trieste and the scoutship Ancano answered her SOS when she was caught in a fierce gale off Sardinia, but the cruiser could not get alongside due to heavy seas. The Acano took off 110 men. The Teseo sank rapidly, and the rescue ships were forced to stand off while doomed seamen threw themselves into the sea, struggling vainly to reach safety. FOUR CITY MEN HELD AS BURGLAR SUSPECTS Kentucky Authorities Claim They Carried Auto Load of Tools. Four Indianapolis men are held in Louisville today facing charges of burglar suspects, after Kentucky authorities said they found them in possession of an automobile load of burglary tools. Those held are: • Raymond McKissick, alias Nelson, 1537 Reisner street; Robert Blankenship, 22, of 2610 English avenue; James O’Neal, address unknown, and Joseph S. Gcodlet, 1031 South Pershing avenue. ' At the Pershing avenue address, occupants said Goodlet had not resided there for two months. Marriage Licenses Edmund Denier. 29. salesman. 1305 North Delaware street, and Katherine Meyer 25 decorator. 102 Blue Ridge road. Robert Todd. 60. Indiana Electric Corporation executive. 1040 North Delaware street, and. Florence Barrett. 19. of 3173 North Delaware street. Wilbur VanDeVanter. 20. laborer. R. R. 17. Box 149. and Helen Landrigan. 18. of 219 North Belmont avenue. George Orcok. 24, atorney, 3100 Washington boulevard, and Svlvia Rickenbaugh. 23. of 498 South Dane avenue. In the Air Weather conditions at 9 a. m.: West northwest wind, 28 miles an hour; temperature, 34; barometric pressure, 30.27 at sea level; ceiling, overcast, light fog, light snow, 900 feet; visibility, Shniles; field wet.

On request, sent with stamped, addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.

Following is the explanation of Ripley’s “Believe It or Not” which appeared in Saturday’s Times. “Butch” Gibson—Gibson, now playing professional football with the Giants of the Now York National League, can tear a Manhattan telephone directory (1,160 pages) into eighty-seconds and then pick up a full deck of playing cards and tear it into sixteenths—barehanded. Butch is a huge and powerful man, but it’s his especially strong hands that enables him to perform these tricks. The Gas Pump in the Chicken Yard—What is believed to be the smallest oil field is owned by H. E. Lundquist of Wilcox, Ariz. Lundquist found oil scum on his well water some time ago, so he proceded to test his land for petroleum. He bored several small holes, which immediately filled up with a good grade gasoline, and he keeps them pumped out everyday. Geologists believe the supply is seepage from a near-by main pool of oil. Tuesday—“ The woman who has 846 descendants.”

Produce Markets

Eggs (country run)—Loss off delivered in Indianapolis, 22c; henery quality No. 1, 25c; No. 2,15 c. Poultry (buying prices)—Hens weighing 5 lbs. or over, 16c; under 5 lbs. 15c; Leghorn hens, 10c; broilers, full feathered, 3 72 lbs. and up, 13c; barbeback, 11c; Leghorn broilers, 10c; 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 29@30c; No. 2, 27@28c. Butterfat—26c. Cheese (wholesale selling price per pound)—- A mei-i ca n loaf, 23%c; pimento loaf, 25%c; Wisconsin firsts. 19c; Longhorns, 19c; New York liberger, 30c. By United Press CINCINNATI, Dec. 14. —Butter—Lower; nnf- a Hi according to score, 23@27c; common score discounted 2®3c; packing stock. No. 1,20 c; No. 2. 15c; No. 3, 8®10c: buterfat, 24® 26c. Eggs—Unsteady; cases included: Extra firsts. 27c; firsts, 24c; seconds. 19c; nearby ungraded, 25c. Lave 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. 13c; Leghorns, 3 lbs. and over. 12c; roosters. 10c: broilers, colored. 1 lb. and over. 18c; IVa 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; IVa lbs. and oyer, 16c; 2 lbs. and over, 15c; Leghorn stags, 12c; black springers, 10c; roasting chickens. 4 lbs. and over, 17c; ducks under 3 lbs sell at liberal concession; ducks, white. 4 lbs. and over, 13c; under 4 lbs.. 10c; capons, 8 lbs. and over, 25c; under 8 lbs., 17c; slips, 15c; spring guineas. IV 2 lbs. and over, 15c; 2 lbs. and over, 20c; guineas, old, 10c; turkeys. No. 1 hens, 8 lbs. and over. 24c; young tems, No. 1. 10 Ibs. and over. 24c; No. 1 old toms 21cyoung toms, over 15 lbs.. 23c: crooked breasted, 15c; No. 2,15 c; hen turkeys, under 8 lbs. and toms under 10 lbs. sell at liberal concessions. By United Press CHICAGO, Dec. 14.—Eggs Market, steady; receipts 2,559 cases; extra firsts 25 1 /i®26c; firsts, 24 , / 2 c; current receipts. 22@23‘/ 2 c; seconds, 12@17c. Butter—Market, steady; receipts 7,610 tubs; extras 29V 2 c; extra firsts. 27 1 /2@2Bc; firsts, 24® 25c; seconds, 23@2314c; standards. 27c. Poultry—Market around steady; receipts 1 car: fowls, 12@14y 2 c; springers, 14@14 , ic: Leghorns, IIVaC; ducks, 13@16c; geese, 13c; turkeys, 18@23c: roosters. Cheese—Twins, 13@13 i / 2 c; Young Americas. 13'/ 2 @13%c. Potatoes—On track 280; arrivals, 158; shipments, 584; market about steady; Wisconsin Round Whites, 80®90e; North Dakota Cobblers. 85® 90c; Idaho Russets, [email protected]; Nebraska Triumphs, [email protected]. By United Press CLEVELAND, Dec. 14.—Butter—Extras, 33V 2 c: standards, 31c; market, steady. Eggs —Extras. 23®29c: firsts, 24c; market, steady. Poultry—Heavy fowls, 19®20c: medium. 16® 17c; Leghorn. 16@18c; heavy broilers. 16@18c; Leghorn broilers. 13@15c; ducks. 15@20c: old cocks, 12®14c; geese. 13c: young t.urkevs. 26c; market, steadv. Potatoes—Ohio. 50® 55c per bushel sack: Idaho Russet, $2®2.25 per 100-lb. sack.

RIVERSIDE CLUB ELECTS William Brown Is Named President of Democratic Organization. William Brown was elected president of the Riverside Democratic Club at a meeting last week, it was announced today. Other officers are Mrs. Edna Sanders, secretary; Mrs. Charlene Ray, corresponding secretary, and Mrs. Fern Hendershott, treasurer. NEW YORK COFFEE RANGE High. Low. Close. January 5.52 ... 5.52 March 5.73 5.68 5.68 May 5.85 5.83 5.83 JulV 5.95 5.93 5 93 American Telephone and Telegraph Company ® 169th Dividend The regular quarterly dividend of Two Dollars and Twenty-Five Cents ($2.25) per share will be paid on January 15, 1932, to stockholders of record at the close of business on December 19,1931. H. BLAIR- SMITH, J'reasurcr.

K Registered C. • U 1 Patent Office RIPLEY

Bright Spots of Business

By United Press AUBURN. Ind., Dec. 14.—Orders in excess of $11,000,000 have been placed by Auburn Automobile Company for materials to be used during the first three months of 1932. it was announced today. More than 100 companies in eleven states share in the commitments. NEW YORK—Likelihood that the United States may be the first nation to recover from the world depression was seen by the national foreign trade council in its annual report. CHlCAGO—Preliminary surveys indicate Christmas mail and express traffic will hold up fairly well as compared with last year, according to H. W. Beyers, vicepresident Chicago Northwestern Railway Cos. NEW YORK—Bank failures last week were 30. against 37 in the preceding week, according to the American Banker. WILMINGTON, Del.—Railroad Credit Corporation, through which large and strong railroads will extend credit aid to weaker ones, incorporated. CHlCAGO—Central and Southwest Utiliities Cos. has completed a fifty-two-mile extension to serve the coal mining section of western Arkansas and eastern Oklahoma.

SHOOTS AT PROWLER Bullet Struck Intruder, Boy Tells Police. Search for a prowler believed wounded by a 15-year-old boy, who opened fire on an intruder Sunday night, was being made today by police and detectives. Robert Neal, 717 North Bradley avenue, the boy, informed police that he heard a noice at the back bedroom window. When he investigated, he saw a man climbing out of the window, he said. Young Neal said he seized a rifle and fired once at the fleeing figure. Neal said he believed the shot took effect. Activities of two youthful prowlers were halted Sunday night when a neighbor drove into his garage near the home of George Strange, 2605 North Alabama street. Strange reported both fled when the lights of the automobile turned on them as they stood near a window which had been opened.

Gone, but Not Forgotten

Automobiles reported to police as stolen belong to: Earl Stillebower, Franklin. Ind., Chevrolet coach. 227-621, from Franklin, Ind. B. W Spencer 509 West Thirty-first street. Chevrolet touring, from New York street’ and Elder avenue. J. R. Dean, R. R. 18, Box 229-D, Ford sedan, from Virginia avenue and Pennsylvania street.

BACK HOME AGAIN

Stolen automobiles recovered by police belong to; Mrs. A. C. Fisher, Connersville, Ind., Auburn, found at 311 East North street. A. Fiedler. Marion. Ind., Chevrolet coach, found at New York and Pensylvania streets. J. A. Schumacher, 25 North Capitol avenue. Chevrolet touring, found at Thirtieth street and Chester avenue. William Douglas, 3207 Ralston avenue Ford coach, found In rear of 505 South East street. Ford sedan, no license plates, no certificate of title, automobile stripped, found at 2836 Bovd avenue. John Rodenbarger, 524 West Forty-first street. Ford roadster, found at Kentucky avenue and South stret. Frank Hatfield Company, Ford coupe round at Spring Mill road, neat Kess lar boulevard. C J. Woenner, 5532 North Talbot street Nash coach, found at Valley Vieu drive and Seventy-first street. RAW SUGAR PRICES —Dec. 12— January 1.07 1.06 1.07 March 1.10 1.08 1.10 Mav 1.15 1.14 1.15 Julv 1.21 1.20 1.20 September 1.27 1.26 1 26 December 1.05 1.05 1 05

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW TOSK MEMBERS -"tew York Stock Exthii|i Chlwf* Rteek Bxak*aa New York Cotton Exchange Chicago Beer! mt Tutl New York Carb Aeeaetotiaa Rooms 200-214 Circle Tower Telephone Lincoln SMI

-DEC. 14, 1931

WHEAT SHOWS GAIN ON FIRM FOREIGNNEWS Corn, Oats Move Up With Major Grain; Cash Tone Strong. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO, Dec. 14.—Wheat had a sharp upward spurt as the Board of Trade opened today on the irregular but stronger stock market and the rally in sterling. Liverpool came lower but the rally in sterling offset the lows, unfavorable Argentine weather being offset by a smaller demand. The rise in wheat gave com and oats a show of strength and fractional gains. At the opening wheat was % to 1% cents higher: corn was unchanged to cent higher, and oats ’s cent up. Provisions were weak. Liverpool was much lower than expected, showing % to 1 pence lower at mid-afternoon, but this was equal to % to % cent higher due to the higher exchange. The marketing by the farmers is at a low ebb and strengthens the cash market. Com Is ruling without new or striking news to influence the trend either way. Receipts at all primary noints have been small. The weather is colder over the belt today, with snows, rains and, in Pike county, Indiana, floods. Oats are selling higher in lowa than at Chicago, a most unusual situation. Cash houses are active buyers of futures on dips. Marketing is small, with cash ruling steady to strong.

Chicago Grain Range —Dee. 14— WHEAT— Prev . R'rti. Low. 11:00 close! March 55% .55% .55% .54% Mav 57% .56% .56% 56% JulV .56% .55% .55% 55% CORN— March 38% .38 .38% .37-% Mav 40% 39% .39% 39% July 41% .41% .41 Vi .41% OATS— May .25% 25% .25% .25% July 25% .25 RYE— March 42% Mav 44% .44% .44% !44% LARD— January ... ... 5 52 Mav ... 5.75 By Times Special CHICAGO, Dec. 14.—Carlots—Wheat, 28; corn. 95; oats, 28; rye, 0, and barley, 0. By Times Special CHICAGO, Dec 12.—Primary receipts: Wheat. 674,000. against 806.000; corn. 466.000. against 1.340.000. oats. 167.000. against 248.000. Shipments: Wheat. 623.000, against 416.000: corn. 188.000. against 621,000; oats, 194,000. against 295.000, By United Press „,T°k E Dp. 0., Dec. 12.—Elevator prices: Wheat—No. 2 red, 61® 62c. Corn—No. 2 ye low, 40®41c. Oats—No. 2 white. 38%® 29%c; old oats, premium. 3®4c. Rve —No. Gr ? in on track. 28%c rate:'Wheat —No. 2 red. 55%@56c: No. 1 red. 1c premium. Corn—No. 2 yellow, 34%®35%c; Kp,-. 3 yeilow. 33®34c. Oats—No. 2 white. 25%® 27c; No. 3 white. 24%®26c: old oats premium. 3@4c. Clover—Prime. $8.75; Feb. M lo? h %,r* 9 : l s ’ Alsyke—Cash. $8.75; r eb., $9, March, $9.10. Butter—Fancy onc a ?i ry 'u 26< 3 'lS; E ? RS —Current receipts, 20(^c.23c. Hay—Timothy per cwt., sl. By United Press i De £’ P’—' Cash grain close: Wheat—No. -1 hard. 54%®54%c; No. 2 ?f 1 rd ' 54®55c: N ?- 2 yellow hard, 53%® 54%c; No. 2 mixed. 54c; No. 3 mixed. 52%c. Corn (new)—No. 4 mixed, 34%®35c; No. 3 yellow, 34%®36c: No. 4 yellow 34%® 35c: No. 3 white. 34%®37c No 4 white 34 , a ® 35c; old. No. 2 yellow. 38®38%c; No.’ 3 yellow, 37%c; No. 3 white. 38’/iC. Oats o.jXjLj? white. 25®25Vic; No. 3 white, Timnfhi*. . , R 7~T~ No I?e Bariev—4o®s9c. Timothy—s4<?/4.25. Clover—sl4 @l6.

Cash Grain

—Dec. 11— for ca ,F *° ts of (Cain at the call of the Indianapolis Board of Trade, f. o. b were’* 11 * basis 41 %c New York rate, WheaC-Firm: 170.I 7 0. 1 red, 48®49c: No. 2 red. 47®48c; No. 2 hard, 47@48c. Corn—Steady; No. 3 white. 28%®29%c; I?®- white. 27%®28%c; 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%®22%cNo. 3 white. 20%®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, I 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. 8 cars; No. 4 yellow. 16 cars; No. 4 mixed, 5 cars. Total, oo cars. „„?„ ats r N ? 2 , w ? lt f- lacr: No - 3 white, 3 cars. No. 1 mixed, 5 cars. Total, 9 cars.

Local Wagon Wheat

City grain elevators are paying 46c tor No .2 red wheat and 46c lor No. 2 hard wheat. SIX SPEEDERS FINED; LICENSE IS REVOKED “Heavy Footed” Drivers Fare Badly in Cameron’s Court. Speeders fared badly in court today when Judge Clifton R. Cameron fined six motorists and suspended the license of a seventh driver convicted of reckless driving. When he protested he did not “want a record made against me,” Don Roberts, Ft. Harrison attorney, escaped without a fine when Cameron withheld judgment on a charge of failing to stop at a preferential street. Other motorists convicted and fines are: A." B. Shock, 1504 North Pennsylvania street, *10; G. O. Handy. 430 Christian Place, sls; Fred Sommer, 922 South State street. $lO. suspended; Jack Riggs, 65 Whitaker Place, *lO, suspended; Robert Davis, 1840 Roosevelt avenue. $10; Tony Dine, 917 East Tenth street. license f impended for thirty days; James Tyler, 647 Guilford avenue. *lO. and Marshall Moore, 245 South Arsenal avenue, *ls. PAY CUTTERS BARRED Lose Chance to Bid on $2,300,000 Federal Paper Contracts. By Scripps-H award Newspaper Alliance WASHINGTON, Dec. 14.—Companies that reduce the pay scales of their workers can not furnish paper to the federal government, the joint congressional committee on printing has decided. The provision affects only paper contracts now being made, and involving expenditure of $2,300,000. It is expected, however, that the committee will apply the same rule to all future contracts.